Richmond Palladium (Daily), Volume 46, Number 213, 19 July 1921 — Page 12
PAGE TWELVE
THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND., TUESDAY, JULY 19, 1921.
Markets
. GRAIN rbUCZa Furnished by E. W. WAGNER & CO, 212 Union National Bank Building. - CHICAGO, July 15 September j wheat at $1.26 - compared with ' 5134 as the July 15th top. Crop news a standoff. Wheat receipts very large but local crowd excited over further reports of drastic drought and feed seeds abroad and bullish long distance talk of $1.50 or higher for wheat. Canadian wheat crop looks 280,000,000. Argentine buys a million wheat for seed. Kansas City cash wheat one to three lower. Lower grades 7 lower. Corn crowd consider the nice rains over the belt discounted. Forecast fair and somewhat cooler. Oats threshing returns bullish. If locals follow their long distance ideas they will buy wheat. Corn and oats are cheap. Apparently nothing to discount. RANGE OF FUTURES Furnished by E. W. WAGNER & CO, 212 Union National Bank Building. CHICAGO, July 19. Following is the range of futures on Chicago board of trade today:
Open High Low Close Wheat July ....1.25 1.28 1.25 1.27 tt Sept. ...1.26 1.29 1.26 1.28 Dec 1.30 1.33 1 30 1.32 Rye July ....1.28 1.28 1.27 1.28 Corn July 63 .64 .63 .64 Sept 61. .62 .61 .62 Dec 607 .62 .60 .62 Oats July 39 .40 .39 .40 Sept 41.... 42 .41 .42 Dec .44 .45 .43 .45 . . Pork Sept. ..18.85 18.85 Lard Sept ..12.00 12.00 Ribs Sept. ..10.92 ..... 10.92
(By Associated ir. CINCINNATI, O.. July 19. Wheat No. 2 red. $1.28 1.29; No. 3 red. $1.24 1.26: other grades as to quality. $1.16 1.24. Corn No. 2 white, 7374c: No. 3 white, 7273c; No. 4 white, 70 71c. Corn No. 2 yellow, 6869c; No. 3 yellow, 6768c; No. 4 yeliow, 65 66c. Corn No. 2 mixed, 6667c. Oats. 4043c; rye, $1.27 1.2S; hay, $17 20.75. (Hy Associated Pre.) CHICAGO, July 19 Wheat No. 2 red, $1.24 1.26; No, 1 hard. $1.25 1.26. Corn No. 2 mixed, 62 63; No. 2 yellow. 63 63. Oats No. 2 white, 39 41; No 3 white, 3738. Pork Nominal. Lard $11.8511.90. Ribs $10.50 11.50. 'By Associated Press) TOLEDO, July 19 Cloverseed Prime cash $14.00; Feb., $13.85; Mar., $13.70; Oct., $13.95; Dec, $13.75. Alsike Prime cash, Aug., $12.50; Oct., $12.50. Timothy Prime cash, $2.80; Sept., $3.05; Oct., $3.00; Dec., $3.00. LIVE STOCK PRICES (Bt As?"cla.td Presn INDIANAPOLIS. July 19. Hosts Ttereipts. 8.800; steady. Cattle Receipts, 1.000: hirher. . Calves Receipts, 800: higher. Sheep Receipts, 600; higher. HORTB Top price $11 00 Most sales, all weisrhts.. 10 75X1 00 Mixed and assorted 160 to 200 lbs 10 8511 00 Mixed and assorted 200 to 225 lbs 10 6010 90 Mivv and assorted 22S to 230 lbs 10 6010 75 Mixed and assorted, 250 lbs. up 10 ROfJlO 75 'ood piRS 10 73 down Sow, according to quality 7 50 if 9 00 ost of good sows 8 5fl' 8 7S Sales In truck market... 11 10?11 35 Most sales year asro 16 6016 75 Cattle KILLING STEERS Good to choice, 1,250 lbs. up Common to medium. 1,230 lhv. up ( 1 tf choice, 1,100 to 1.200 lbs ('iiii'.iioii to medium, 1,100 to 1,200 lbs Grxvl to choice. 900 to 8 23 8 75 7 7a 8 23 i . 1.050 lbH 7 25 8 Common to medium, 900 1 050 lbs 6 50 7 25 Good to best under 900 lbs 7 00 8 00 Poor to medium, under 900 lbs 6 000 7 00 Good to best yearlings... S 2fi$ii 9 23 Babv beef cattle 9 50 down H BIKERS Good to best 7 Common to medium. 800 lbs. up 5 Good to best under 800 lbs. 7 Common to medium, un 00 8 00 S0 00 6 50 8 50 der SOO lbs 5 00 6 50 Good to best, 1.050 lbs. up 5 Common to medium, 1,050 lbs. up 4 5 00 Goort to choire, under 1.050 lbs Common to fair, under 1.050 lbs Poor to good cutters Poor to good canners iu:lis 4 ZZ 5 23 3 23 & 2 50i 1 504s) Good to best, 1.300 lbs. up 4 23 5 00 Good to ehoice, under 1,300 lbs 5 00 6 00 I'jn to medium, under 1.300 lbs 4 000 4 60 Common to good bologno 3 50&i 4 60 UALVKS Good to choice veals, under 200 lbs 10 0011 00 Common to medium veals. under 200 lbs 7 00S 9 00 Good to choice heavy calves 6 00 7 00 Common to medium heavy calves 5.00 6 00 STOCK liRS & FEEDING CATTLE Good to choice steers, 800 lbs. and up 5 50 6 50 Common to fair Bteers, 800 lbs. up 6 00 5 50 Good to choice steers, under 800 lbs 6 00 5 50 Common to fair . steers, under 800 lbs. 4 00 4 60 Medium to good heifers.. 4 50fi 5 50 Medium to good cows ... 3 004J) 4 00 Mock calves, 250 to 400 - lbs. 5 00 6 00 Native Sbeep and I.amb. Good to choice light sheep! 2 00 3 00 Good to choice heavy sheep 1 50 2 00 Common to medium sheep 60 1 00 Good to best ewe and wether lambs 8 50 9 00 Common to medium year- - lings 3 50 00 , in hest vearllng "lambs . . ..... ...... . . . .. 8 60 10 00 i., m rhnim vaerlings 4 50f( 6 50 Other mixed lambs 5 00 8 00 Spring lambs 7 OlMp 8 00 Bucks, 100 lbs. 1 00 1 50 DAYTON MARKET Corrected by McLean Company, Dayton, O., Bell Phone, East 28. Home Phone, 81235. DAYTON, O., July 19. Hogs Receipts, six cars; market, steady; choice 'heavies, $10.75; butchers and packers, $10.75; heavy Yorkers $10.75; nrht Yorkers, $10.75; choice fat sows,
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$6.50 7.00; common to fair, $5.00 5.50; pigs, $10.0010.50; stags, $4.00 $5.00. Cattle Receipts, five cars; market steady; fair to good shippers, $7.50 8.00; good to choice butchers, $7.00 7.50; fair to medium butchers, $650 7.00; good to fat cows, $5.005.50; bologna bulls, $4.00 5.00; butcher bulls, $5.005.50; bologna cows, $2.00 3.00; calves. $7.00 9.00 Sheep Market, steady; $2.00 3.00. Lambs $5.007.00. (By Associated Press) CINCINNATI, O., July 19. Receipts Cattle, 600; hogs, 3,800; sheep, 5,600. Cattle Butcher steers, good to choice, $7.00 8.00; fair to good. $6.25 7.00; common to fair, $4.006.25; heifers, good to choice, $6.508.50; fair to good. $5.50 6.50; common to fair, $4.005.50; cows, good to choice, $ V05.50; fair to good. $3.504.50; cutters, $2.503.50; canners, $1.00 2.00; stock 6teers. $5.006.50; stock heifers, $4.005.00; stock cows, $2.50 3.50; bulls, bologna, $4.005.50; milch cows, $JT5.00 90.00. Calves Steady; extra, $9.O09.50; fair to good, $7.009.00; common and large, $4 6. Hogs Steady; heavies, $10.7511; good to choice packers and butchers, $11.00; medium, $11.00; stags, $5.00 6.25; common to choice heavy fat sows, $6.508.25; light shippers,. $11 J pigs, 110 lbs. and less, $8.0011.00; fair to good, $8.0010.50. Lambs 50c higher; good to choice, $7.007.50; seconds, $7.007.50; fair to good, $8.0011.00; skips, $34.50. (By Associated Press) CHICAGO. July 19 Cattle Receipts 10,000; yearlings and handyweight steers, steady; other steers, she stock and bulls tending lower; top yearlings, $9.40; prime, 1,535 lb. steers, $9.00; bulk beef steers, $7.25 $8 75; bulk fat cows and heifers, $4.50 6.50; canners and cutters largely $2.003.50; bulk bologna bulls, $5.00 5.75; butcher bull3 mostly $6.00 $6.75; veal calves slow, steady; bulk around $10.00; stockers and feeders strong. Hogs Receipts 32.000; fairly active; largely 10 to 20c lower than yesterday's average; mixed off most; top $10.80 early; bulk better grades $9.90 10.65; bulk packing sows, $8.75 $9.10; pigs mostly 10 to 25c higher; bulk desirable $10.5010.65. Shoep Receipts 16,000; native lambs strong to 25c higher; sheep strong to higher; native lamb top $10 to shippers; bulk early $9.259.50; culls mostly $6; one sale Idaho lambs steady at $10.25; some westerns neia considerably higher; Washington wethers $6.256.60; best light ewes $2.50 to shippers. Rv Associated Pres-j) PITTSBURG, July 19 Hogs Receipts 1,000; market higher; heavies, $10.50 10.70; heavy Yorkers, light Yorkers and pigs. $11.7511.85. Sheep and Lambs Receipts 1,000; market steady; top sheep, $5.50; top lambs. $10.50. Calves Receipts 3 0 0; market steady; top, $10.50. (By Associated Press) EAST BUFFALO, July 19. Cattle ReceiDts. 75: steady, calves zou;
8 50 8 85 1 50c lower; $512. Hogs 2,000; good. I steady; light, 25c higher; heavy, $11 i 50 8 25j((in 25. mixed $n.2511.40; yorkers,
5 ! light yorkers and pigs, $11.5U; rougns, $8.50S.75; stags, $4.5ub. faneep ana lambs 600; steady and unchanged. PRODUCE MARKET (By Associated Press) ivntANAPOLIS. July 19. Butter j Fresh prints, 38Vi42c; packing stock, j 14loc. Eggs 25 29c. FOWLS Under 4 ids., zvc; dtou- ' 111 it,.. r ; unHpr 2 lhs.. I PI S, 2 u . r.Z
25 6 oo2S30c; leghorns, z;c; roosters, aiy;
12c- old tonis, 202oc; young toms, 27(&30c; capons, 3S42c; hens, 27 30c; squabs. 11 lbs. to the dozen, $5; rabbits, $2.502.75 per dozen; spring ducks, 13& 15c; squabs, 1620c; geese, 10 lbs. 10 13c. (By Associated Press) CHICAGO. Julv 19. Butter Market hither: creamery extras, 40 41c. Kees Receipts, 14,573 cases; market. lower; lowest, 2325c; firsts, 2S 2Sc. Live , Poultry Market, unchanged. Potatoes Receipts, 101 cars; weaker: Virginia Stars, $t.75(&5 a bbl.; Nor folk, $44.50 a bbl.; Kay Valley, $1.50 (dl.lo cwt.; Mo, $i.ocai.o cwi.; Nebr., $2.252.30 cwt.; Cal., $2.65 $2.75. cwt (By Associated Press) CINCINNATI, July 19. Butter Fat While milk creamery, extra, 45c. Eggs Prime firsts 29, firsts 26, seconds, 18. Poultry Broilers. 23 35; springers, 24; hens 22; turkeys 35. NEW YORK STOCKS (By Associated Press) NEW YORK, July 19 Close American Can. 26 Am. Smelting 37 Anaconda 38 Atchison 83 Baldwin Locomotive 75 Bethlehem Steel, B 46 Central Leather .3 Chesapeake and Ohio 54 C. R. I. and Pacific 32 Chino Copper 23 Crucible Steel 54 Cuba Cane Sugar 9 General Motors 10 Goodrich Tires 31 Mexican Petroleum 104 oew 1 urn iem.rai ov Pennsylvania 34 Reading, extra div 68 H
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AT THEE IN lROTST Or YOUR HOUSE- rl V. Z ) Republic Iron & Steel 46 Sinclair Oil 20 Southern Pacific 76 Southern Railroad 20 Studebaker 79 Union Pacific 119 U. S. Rubber 50 U. S. Steel 72 Utah Copper 48 LIBERTY BONDS. (By Associated Press) NEW YORK, July 19. Final prices on Liberty bond3 today at 2:55 p. m. were: 3 $86.76 First 4, bid 87.10 Second 4 86.86 First 4 87.18 Second 4 87.04 Third 4 91.14 Fourth 4 87.10 Victory 3 98.36 Victory 4 98.34 LOCAL HAY MARKET Old Hay Steady; No. 1 timothy, $15; clover, $12; heavy mixed, $14. New Hay Timothy, mixed, $10 ton; clover, $S ton. INDIANAPOLIS, July 19. Hay firm; No. 1 timothy. $18.5019; No. 2 timothy, $1818.50; No. 1 clover, $1617. BUTTER QUOTATIONS The wholesale price for creamery butter is 39 cents a pound. Butter fats delivered in Richmond bring 37 cents a pound. FRUIT and VEGETABLES Tomatoes. 30c lb.: leaf lettuce, 30c lb.; head lettuce, 40c lb.: onione. 10c lb; Bermuda onions. 10c lb.: parsley, 15 cents a bunch: Karlic. 50 cents lb.; new cabbage, 12c lb.; sweet potatoes, 10 cents lb.; green mangoes, 5c each; cucumbers, 15 cents each; turnips. 15c lb.; new carrots. 10c bunch; celery 25c bunch; Brussel sprouts 50c quart: radishes. 5 cents per bunch: beets, 10 cents per bunch; artichokes 35c each; green beans, 15c lb.; wax beans, 20c lb.; asparagus, 5c bunch; new corn, 50c dozen; green peas, 20c lb.; pineapples, 25c each; new peaches 10c lb.; summer spash, 15c each. HRODUCE BUYING Country butter, 22 cents lb.; eggs 24c cents dozen; chickens, 18 cents a pound. FRUITS Bananas, 15c lb.; lemons, 60c doz.; oranges, 50 cents per dozen; grapefruit, 20c each; new apples, 20c lb.; Winesap apples 15c lb., 2 for 25c; cocoanuts, 20c each; English walnuts, 45 55c lb.; chestnuts, 50c lb. LOCAL GRAIN MARKET Richmond flour miils are paving $1.10 for No. 2 wheat. LOCAL QUOTATIONS (Furnished by Whelan) BUYING Oats, 32c; rye, 90c; corn, 55 cents; straw, $8 per ton. SELLING Oil meal .per ton, $45-00; per hun dredweight, $2.35. Tankage, 60 per cent. $53.50 per ton; per cwt, $2.75; bran, per ton, $27.00; per cwt.. $1.50. Barrel salt, $3.50. ..rt Dog or White Middlings, per toi.. S38.00; per cwt., $2.00 alta mlddlirjFs. $30.00 per ton; $1.65 per cwt.; Standard Middlings, $27.00 a ton; $1.50 cwt. REALTY TRANSFERS. Verlin C. Ratliff to Lillian DeWees, lot 8. S. and H. addition to city;$l. Wendell DeWees to Verlin C. Ratliff, lot 9, R. Sedgwick's addition to city; $1. Theodore Bonsman to Joshua E. Ballinger, lot 6, block 70, Hagerstown; $1,500. Frederick Krone to Clyde and Mali ala Miller, lot 106 Schwegman's addition to city; $1. Elsie T. Skinner to Earl W. and Nellie Allen, lot 42, Marchartan addition to city; $1. Scott A. Lewis to William W and Lula Bartlett, lot 538, old map of city; $1. Thomas P. Logan, 88,'
Dies TaesdaV MoflinffUte and sent to the house. It would
Thomas P. Logan, 88 years old, died at his home, 304 North Thirteenth street, Tuesday morning at 8 o'clockHe is survived by four daughters, Mrs. Harry Keelor, Mrs. William Keelor, Miss Grace Logan, Mrs. Jennie Bradburn; one son, Horace Logan; five grandchildren and three great grandchildren. He was one of the oldest members of Whitewater lodge of , Odd Fellows. - Funeral arrangements will be an nounced later. Frank Roberts Announces Candidacy as Councilman Frank C. Roberts will make the race for councilman in the sixth ward on the Republican ticket according to his declaration filed with City Clerk Stevens Monday. Stoddard is Delegate to Carriers Convention Charles R. Stoddard will be the delegate from the local postoffice to attend the National Convention of Letter Carriers to be held in St Louis the week of September 5-10, inclusive. The vacation period for local mail carriers began the first of July and all vacations are generally over by the middle of November. Every mail carrier is entitled to 15 days' vacation per year.
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t-UHtN'-. .EVER, -bE SAYS CHINCH BUG SWARMS ON TRACKS; STALLED TRAINS Claims of Wayne county, Indiana, as a champion chinch bug infested area are disputed by James R. Hay, formerly of Dog 'Walk, Tennessee, who states his home county corn fields practically have been stripped by the ravages of the chinch bugs. In some places there, according to Mr. Hay, who is an employe of the Pennsy roundhouse here, the bugs are so thick it was found necessary for the railroads to use snow plows and flangers to clear the deep cuts of the pests, who swarmed there in such numbers as to stall trains. MANY CROPS DAMAGED BY REGENT DROUGHT; CORN NEEDS SHOWERS INTMANAPOLIS, Ind., July 19. Considerable damage to all growing crops resulted from the hot weather last week, says George C. Bryant, agricultural statistician for the co-operative crop reporting service, in his weekly review of Indiana farm conditions. Corn on sandy soils in the southern part of the state generally is fired, and wheat, rye and oats yield3 are poor. The report, in part, follows: "Practically all -corn is tasseled. Firing is general on sandy soils in the southern counties and all fields are suffering for rain. "Winter wheat yields have been ery disappointing in all parts of the state, ranging from three to thirty bushels. The whole crop will hardly make an average grade of No. 3. "Many fields, of spring wheat have been abandoned. Oats Yield Reduced. "Oats cutting is completed. Yield has been materially reduced by ex tremely hot weather, and the quality is poor, as a general rule. Rye yields did not come up to expectations. Quahty poor and many i fields abandoned "In some localities late potatoes aia.
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not sprout because of dry soil condi- and which sold up to $1.32 on Saturtions. Other truck crops also have -jar. made a top to $1.29 on Monday
Deen injurea Dy tne arougnt. "The hay harvest is completed. Young clover is suffering very materially from hot weather. Pastures are completely gone in many localities. "Tobacco is seriously in need of rain. More worms than usual and growth is very uneven. "Small fruits all gone, except grapes which still appear to be in fair condi tion. All tree fruits will be excep tionally short and the quality will be poor. "Live stock in good condition. "Labor supply is plentiful at this time. "Canteloupes are coming on to the market and generally are of fine quality with indications of a good yield., "Mint crops in the northern country are suffering from the drought." Wit te Funeral Services at St. Andrew's Wednesday Funeral services for Mrs. Christina Witte, who died at her home Sunday evening, will be held at the St. Andrews church at 9 o'clock Wednesday morning, Rev. F. A. Roell officiating Mrs. Witte is survived by six sons, Frank L., William, Phillipp, Lawrence and Augustine, all of this city and John of Chicago. Three daughters, Mr3. John Massman and Agnes Witte of this city, and Sister Annetta of Order St. Francis, Oldenburg, Ind., also survive. Two sisters, Mrs. Elizabeth Davis of Dallas, Texas, and Ellen Guthrie of Oklahoma City also survive. She had 18 grandchildren. GIVES FARMS TO INDIANS. WASHINGTON. July 19. The homeless Temoak Indians, Ruby Valley, Nev., would be provided with farms under a bill by Senator Pittman, Democrat, passed Tuesday by the senappropriate $75,000 to buy land with water rights for the homeless government wards. WIND LEVELS WIDE AREA. GALCHUTT. N. D., July 19. From five to seven persons were injured when a tornado destroyed a house a half mile west of this city. The tornado is reported to have swept a milewide stretch of territory from here to Waspeton, destroying houses, and barns. ' BOND PRICE RECORD SET. PHILADELPHIA, Pa.. July 19. The city of Philadelphia Monday sold $5,000,000 of 5 per cent, 50-year bonds at $104,139, the highest price 'received since the pre-war period. A syndicate headed by the National City Company, New York, was the successful bidder. DOLLAR WORTH MORE (By Associated Press) BUENOS AIRES, July 19. The price of the American dollar, which has been steadily climbing recently, went up seven points on the exchange market yesterday. Telegraphic drafts were quoted at 157. which is more than 50 per cent above par. DIVORCE IS GRANTED (By Associated Press) POUGHKEEPSIE, N. Y., July 19 Supreme Court Justice Joseph Morschauser today handed down a decision in which he granted an annulment of marriage to Mrs. Andree E. Simon White from Bouck White, of Marlborough.
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The Farm and The Farmer . By William R. Sanborn
The Morgan and Creiger rig threshed for C. B. George in Center township, starting in the first thing on Monday morning. This busy outfit threshed the old E. K. Wilson ring last week, and reports an odd field running as low as 8 bushels, the range mostly being from 10 to 15 bushels, with now and then a field making around 20. They are to thresh one of the Dock Thomas rings this week. The mill at Hagerstown reports the demand for flour as only fair. No oats have been received at the mill so far on this crop, but between 10,000 and 11,000 bushels of wheat have come in to date. They were paying $1.13 for wheat all day on Monday but said they were likely to shade this a trifle on Tuesday, owing to the let down in prices at central markets since Satur day. A little rye has been received at the Green's Fork elevator, not more than 300 bushels, aa yet. They were bidding $1.07 for rye on Tuesday. The manager of the elevator reports a fair percentage of No. 1 wheat and says they paid $1.15 for No. 2 Monday fore noon. He says that the oats coming are rather light and have been bought for 30 cents, mostly. He indicated that $1.10 would be about the best hej could pay for wheat on Tuesday, unless his bids came in higher than expected. Nearly 18,000 bushels have been bought at Green's Fork. Changes in Wheat Prices The wheat market slowed down locally and the price dropped as much as 3 cents per bushel at various points in the Richmond radius on Monday afternoon. The Richmond Roller mills paid $1.13 for wheat taken in Monday forenoon, and dropped to $1.10 in the afternoon. This also was the record at the Champion mills elevator, we understand. Charles Carpenter said Monday evening that he had quoted farmers who were to thresh on Tuesday, $1.10 for that day's deliveries, or for their crops, as the case might be. Juiv wheat which ranged from $1 17a' to S1.35U. at Chicago last weeK, and closed at $1.26. This very natnrallv affected country markets, sev eral of which lowered their prices. We are havlnar a weather market just now, not only on wheat out on an small grains. The Price at Eldorado Fred Schlientiz, of Eldorado, says that the bulk of the wheat in his. Immediate neighborhood already is threshed and that some rigs are now in the oats fields.. He stated that most of the oats were reported light and that 30 cents per bushel was all he could afford to pay at this time. Threshing rates vary in Preble, wheat charges being 7 and 7 cents and on oats 4 to 4 cents per bushel, machine measure. "Wheat is running from 10 to 15 bushels," said Mr. Schlientz. "and we paid $1.15 for No. 2 all day Monday. Our corn is in good shape, for it has had all the rain needed lately." Modoc Paying Top Prices "We R9.id $115 for No. 1 wheat on
Saturday and $1.1.$ on aionaay. &ome(to care for 7o diners was built. Then
No. 1 grain has been receivea ngnijfce constructed a fire station and inalong and a whole lot of No. 2 on i stalled two chemical engines with a which our price is now $1.11.' Our permanent fire fighting force. A 10price on oats is 31 cents. Our oats acre playground for children was laid look fine but are a trifle light, this out and an artifical lake built, season, for lack of rain at the critical On a farm north of Austin he spent time." This report was made by thei thousands of dollars on buildings to
manager of the elevator at aioaoc omnouse his $300,000 herd of Holstein
Monday evening. He says tnat considerable wheat is now coming In daily and that corn is badly in need of rain. Dr. Eliot Talks Co-operation Charles W. Eliot, president emeritus of Harvard, and by common consent the dean of American life, letters and education, is now in his 88th year. President Eliot recently contributed a page to Farm and Home from which we excerpt the following paragraph: "The attention of American farmers, old and young, should be steadily di rected to two subjects of prime im-: portance, first, to co-operative buying, and selling, the reform which in forty j years converted Denmark from a poorj country into a rich one ; and secondly, ; to farm federation by counties and states, partly for economic purposes, but more for educational and social purposes and for promoting health and sanitation, both physical and moral." High Spot on Local Wheat. Harley Billman, in charge of the elevator at New Madison, tells us that he paid $1.18 for No. 2 wheat Monday morning but on the weakness at central markets later in the day he cut his price to $1.15. This still left him the high man in a considerable radius. Mr. Billman says the tendency is to market direct from the machines and that he knows of but a half dozen crops so far threshed that have been stored. ' "They are just beginning to thresh oats over here," said Mr. Billman. "We have been paying 34 cents for old and 32 cents for new oats, but these figures j are a little high when it comes to shipping and we will have to pay less if oats are delivered on Tuesday." Live Stock Makes New Highs. Yearling cattle averaging 1,038 lbs., sold Monday at $9.75 and 160196 lb. j hogs at $10.85, both 25c above last week's top, cattle being as high as at BIG REDUCTION on TIRES Bethard Auto Co. 1117 Main 1 irmnmiuamtin
any time since April 5, and hogs the highest since late in March at Chicago.
Better grades of butcher stock and beef steers sold largely at 1015c advance and hogs, after starting in 15 2oc higher, closed weak, with part of the gain lost. The day's average price of hogs reached the $10 mark. Rains In Grain States. There have been scattered rains over the northwest since Saturday night, with cooler temperatures in the spring wheat country, extending into Canada. Corn also has received a number of good rains since Saturday noon, reports of good rains over most of Iowa and in central Illinois being current. Nebraska has had heavy rains, Kansas has had a fair share of moisture and Missouri has also been benefitted by showers. The rains, It may be said, have been responsible in part for the last 10 cent break in wheat, the whole line being held up by lack of moisture and damage reports in and from the spring wheat country. Cash wheat vas off lA cent and September wheat up 1 cents early Tuesday forenoon. Hogs were off 10 cents at Chicago right after the opening. Indianapolis made an early top of 11 cents. MINNESOTA FARMER SHORT MILLION AFTER LAVISH EXPENDITURE ST. PAUL, Minn., July 19. Auditors of a Minneapolis bank which carries a large account of the George. A. Hormel Company, of Austin, Minn., packers, today announced tnat the shortage of R. J. Thomson, former comptroller of the company, would exceed $1,000,000. Jay Hormel, vice president of the company, denied the statement of the auditors, but refused to tell definitely the amount of the shortage, contending himself with the statement that the amount "is in excess of $150,000." Arrested Monday. Thomson was arrested at Austin Monday on a warrant charging him with having transferred fraudulently from the account of the packing company to the credit of the Oakdale Farms company, Inc., $10,000 in a check drawn on the First National Bank of Chicago and payable to the Fanners and Merchants' State Bank of Austin. Construction of a $60,000 hotel, complete and ready for patrons in 14 days, was but one of the many activities, that made J. C. ("Cy") Thomson famous in his own town, as well as in the state. It is said that the construc tion of this hotel at Leroy was one of the things that led to the investigation which brought the detection of embezzlement of a large amount from the Hormel company. Lays Out Parks. Thomson laid out beautiful parks on the farms; erected a dancing pavilion at an expense of $30,000 with a dancing floor to accommodate 1,000 couples. A hotel with 50 rooms and a dining room cows and his $20,000 Duroc hogs. His cows were cleaned with vacuum cleaners. Electric fans were installed in the barn and so arranged as to drive all flies to a room at one end of the building, where they were destroyed by chemical gases. His hog barn was steam heated. Palace for Hired Men. He erected a dormitory for his hired men, spending $10,000 for rugs and draperies. There was a billiard parlor sun room and a dance hall. WHEAT SCREENINGS $1.50 per Cwt 2 Cents per Lb. OMER G. WHELAN The Feed Man 31-33 S. 6th St. Phone 1679 "Front Rank" Furnaces and Sheet Metal Work ROLAND & BEACH 1136 Main St Phone 1611 "Say It With Flowers" LEMON'S FLOWER SHOP 1015 Main Street Phone 1093 SPECIAL on OIL Large Mop and Bottle of Polish, $1.50 value. $1.15
HORN AD AY'S HARDWARE STORE) 616 Main Street Phone 1281
MORTGAGE DEBT OF FARMERS INCREASES ACCORDING TO REPORT
WASHINGTON. D. C, July 19 Mortgage debts of American farmers more than doubled during the decade between 1910 and 1920, according to a report Just issued by the census bureau. The increase In mortgage charges against farms operated by their owners was 132.5 per cent. Part of this increase may be assigned to rise in value of the land, but not all. since the proportion of mortgage debt to the total value of the land has rais ed from 27.3 per cent in 1910 to 29.1 per cent in 1920. Values of the farms have Increased by 117 per cent in the last ten years. according to the bureau. The number of owner-operated farms which are mortgaged has increased by 18. 6 per cent. Interest rates paid on farm mortgages in the United States averaged 6.1 per cent in 1920. Rates are higher in the west and south, where 21 states have rates over 6.5 per cent. New England states for the most part have mortgage rates a little over five per cent. The highest rate is 7.8 per cent, paid in Arkansas. In only six states is the rate less than 5.5 per cent, and in 21 Etates less than 6.5 per cent Increase in Mountains The mountain states show the greatest relative increases in the mortgage debts, Montana showing a debt seven times that of 1910. The Iowa debt has increased by over $200,000,000. Ohio farms are mortgaged for 31.3 per cent of their value, against a mortgage of 28.9 per cent in 1910. Indiana mortgage debts increased from 22.8 per cent of the value in 1910 to 24 per cent in 1920. The Illinois mortgage debt, which was 25.5 per cent of the value of the farms in 1910, remained exactly the same for 1920. Michigan increased from 30.3 per cent of the value in 1910 to 34.6 per cent in 1920. Interest rates were: for Ohio. 5.9 per cent; Indiana, 5.8 per cent; Illinois, 5.5 per cent; Michigan, 6 per cent. The average debt for Indiana farms shows $2,604 in 1920. The average debt in 1910 was $1,433. COST OF FOOD DECLINES 3-10THS0F.1 PERCENT (Br Associated Press) WASHINGTON, July 19 The retail cost of food to the average family declined three-tenths of one per cent in June as compared with prices in May, while wholesale food prices declined slightly less than one per cent, according to statements today by the department of labor. Declines were noted in retail prices of sugar, plate beef, cheese, butter, rib roast, bacon, canned salmon, fresh milk, bread, macaroni, baked beans, canned tomatoes, coffee and prunes. Among articles which increased in retail price were potatoes, flour and ham. Wholesale prices of farm products showed a decline of 3 per cent. Wholesale fuel prices dropped equally while declines in the wholesale prices of clothing and miscellaneous com modities were less than one per cent. tMimfununiminnurrmYitHWiiumniirmtinitiintmiaititimuHininiiniHiH I AUTO PAINT and BRUSHES ! jMcCONAHA'S GARAGE riiimHmuimtnmiiiinniiiirniiOTniifirMiiinMuirmHrtiminmnnmniiiimii For Your Next Meal, Use Richmond Rose Brand MEATS and LARD Prepared by STOLLE & SONS SPECIAL PRICES MILE TIRES Tuesday and Wednesday
6000 12000 Heavy Size Mile Kokomo Inner Fabric Cords Tubes 30x3 $ 9.65 .$1.65 '30x3 11.75 21.85 1.95 32x3 14.85 29.85 2.15 31x4 16.35 2.65 32x4 18.85 35.85 2.75 33x4 19.55 38.85 2.85 34x1 19.95 39.75 2.95
Tuesday and Wednesday Only Wm. F. LEE, 8 S. 7th St "Richmond's Reliable Tire Man" PRICES MOPS Small Mop and Bottle of Polish, $1 value 63c
