South Bend News-Times, Volume 37, Number 354, South Bend, St. Joseph County, 19 December 1920 — Page 13
THE SOUTH BEND NEWS-TIMES
mmy. du i:mi;i:i; ljn. 13
AGRICULTURE
y i.-i-
Cor.gr -s has -h.v.-
tive to prMire fin:!) rural rnr.it.l- J Lionel and firmer' represen t.iti ve-s j lri l;h hous. . Ji.'iv.- f. ,n ablating ! revival of the U.'ir Kin a rpor- ! nttn and th- adaption of ;k prut' - I tiv t.rii: on such imported product-' as w.d. Can ..Ii i:: wheat .and D;iii- !
l-jh'Lu'ter with coi..-;a;-r i hie huc--s. Jit jr-s:-n-vtivc Vo ir- (,l North li.ikot hus In'.rodue I ;t bill emttrforir the importation of wluat,
Hour. N:;rl' ;'. r oats, il.ix.
cacti, and sheep for
of prott-cti'iii dairy products
1
kinds have held thMr ground, while fu 1. light .ir.! rent has risen. Hope lies In the fart that price reductions multiply, while advances lessen. Building materials, which have en ."low to vi.-'d. are at List he-
January marks the hrgin- j ßQJß ßJST USHERS
values.
nir.g of a seasonal depression in mercantile lines, which price uncertainties and industriell rtpprt in
Th
will lnt rislfy this vear.
usual
.V JA MTOIVS STRIKE
v.-heal
wool, hog.
raln.-? import d
iiüVf Ivet; in preparation. it may te ;t fair ', .stii.'i wh-ta-r tho lYder.tl J; '4 i wf hoard' pol-i-y of M' dit r:;ritiu: and ri f .r i liquidation iny nut l.e pressed lar as t defeat i-s o, r. nd. Vh-n markets It'i.-in;' derma a lized. pr--tiurvrjt naturally hold a ; th ir pro.iuLt. thin i:it n.-dymg t:e red;. Mrinrency which th- delation ry ii;''omt'iit wa d-?in'-I to xliv-. i'or this rMwn a resolution pas, o iit a Joint session f th hous- i r i i . ."'.nat airriuiturai :ornn.itt--a di-
r-rtd the IVd ral Il . f - board , to j permit th lih ra! rxtrn?;on of cr- dit by iiiern't.LT bank? to termors upon th" security of atrricult ural pro 1 .j( Ls i hich tht-y now hold. tiov rnot ;
Harding of th- Federal i: srvboard helife.s that any rt :n dy adopted would certainly produce on'1 Ition as bad as th-.- now exJMin within a ytar or su. Thi.s rTrains to . -n. S r r tary Houston ii conimltttd to a policy of Inaction. Plan Htay shlpnu ist.n. Danish ro-op-i ;iti dairy Interencouracpd bv th-!r Initial ?uc-
fi'sy, are planning to sliip SO.uOO.'oj jnfur.il of butter to tiis country an- ' ri'Mlly. It U reported ,in roinpt'tiilon
fl.atlnil Crcp In;t.rovrr.nt Srvlc
NTIL th organization of the
form bureaus, starKlarization wns almost an unknown
quantity on the farm nnri corn wuj corn, rtv'ariiless of Its size, shapt or quality. In tho nhin flays nfijhhors us.l to ct together and help each other husk their corn. A barrel of rider was served with plptity of nicies und pumpkin pie and a barn dance generally wound up the festivities. In these days the itinerant hunkers are qui erlag the same by demanding eight, nine or ten cent? a bushel for husking corn, which really is only commensurate with waes for like work in town and factory. There are two good reasons for reviving the husking bee: First is that the country should compete In festivities with anything the town can offer; and second, every community oujrht to unite on the vari-
ety of corn which is best adapted to soil and climate and to breed it up to Its highest yield und quality. The easiest way to fix this tyre In the minds of all concerned, men, women and children, l? to have the county agent or sor:K good corn man exhibit a good ear of the selected type, exp.ainfrg why the variety was seleettd; that It should he cylindrical In form, in regular rows, with covered tips and butts. J.nd everything else pertaining to the selection of good seed com, and therr a small prize should he given to the man, woman or child who will find an ear In the husked corn which will conu? nearest to the perfect type. Fortunately, when we breed for qualtty wo also get quantity. Inferior grades always lower the price. If poor corn were kept off the market, good corn would bring a fancy price od the grain ex-'hunes.
cinning to work lower, fort t llin- a quiet w in pain emphasis t y con- CHICAGO. Pec. I S. A bomb ex-
revival in the construction industry, j trast with the tide of Christmas ! plosion shattc rins all the window. in ! The imnortanre nf thU movement as i huyinK just before it. Ii-tail. -rs haf Iph aoartment buildinir ushered in
siirniticant of present tend mdos anil ! "usht from hand-to-mouth so Ion? ; the strik- of Janitors in l.OPo buildin its bearinc unon tther lnrustries i tnat .-tr-cks in many instances are i ings car.y this morning.
ran hardly be x;'.:f-rated.
BUSINESS INDEXES
low. i nis tact implies a later act eleration In the movement of com-
j modities from the jobber to the final
distributor.
"A MAS CAMIi:s." Special sal on Xmas mixturo ff
Fr.Keftr.n.ihlv mild rveither has ' '-aru ianuif,s, peanut onuuie. tames.
i -t . i.. i -ii
ilaid restraint upon trade, 'hile in - ' " tano. aou .ui pure iresa -..me localities holiday trade i, made hard candies at 30c lb.: ?, lbs. - i.rici- -to ,,niv I lr SOc at the Diana. ?ti04-2o
1 o, ton, vjiw&ifi ill t jit i hi t v.'
j fair and Raits this Christmas are
not expected to eoual those of re
cent years. Huyers are shopping!.
n ask i :t a nit a r. i:m i:ts : Finest selection m the citv. Wlll-
The strike vas called by William
Quesse, business aprnt of the jani- ,
tors' union, who was bounced out of bed by a bomb. Quse called a perioral strike oi all Chicapo janitors to start Jan. I. The strike started trd.iv was calle! apainst one firm of
real estate apents who. Quiss said.1
pave the janitors "unfair treatment. "
II jr inoancJaJ LUlito.
STOCKS. The trend was tlownward in the
with the Ameriean-made product., 'i'f importation of Ianish butter ' ;as begun within a year. Pani.sh ( lutt-r will tend to reii'jf-o butter i
pricen In this country, if imported largely. On the oth r hand, the "nltet States cousu rnx jx rhups 12.- ')(?. no) pounds of butter daily and
Janih exportation. would not ruti stock maruet with trading active, a vrry larpe ftpure in the market ! I'usir.esi conditions have changed The upshot of it all may be a tariff i very litlie, but holders were inclined Iayinp duties on various farm prod- j to regard the continued payment of uet. of which hutter is one. Hvitlenda on many issues with a The prices of mixed fertilizers ; dublou eye. Selling to register quoted by manufacturers for the losse and to provide ready money nprtnp; trade of 1021 are too hiph. ' r,,c the conduct of business was in nccordlng to the department of ag- i evidence. Tuesday's market disriculture. which advisr-R the fanner f I'layed a more confident understone to use unusual care in shaping his ! than did other s. ssions. Call rates operations so as to avoid undue risk held steady and the mid-December
ir prices tio not retene. Miph price.- ' l,tJ- iaj un-nis ianei to cause any
Review of the Wee
! about In search of price reductions. ! Duyirp power is notict ably lc.o. al-
though investment power, or thel ; wiil i ne.-s to invest, has noticeably! incr .t-d. Iaior is fearful of fur- " : ther unemolovment. lake the farm-! I
i i r, who is trying to hold his crops , 1 fr hipher prices, the laborinp man (
who faces unemployment makes a .
poor customer. Mail order sales , have derlined. ! Retailers have cut prices quite I penerally in response to pressure ' from th public and the leflatory movement initiated by the hanks' and carried forward by manufac- j turers and jobbers. In many in- j stances the pric reductions have f;iirly met th situation. while in, others they lack sincerity and do not ; materially assist the return of prices : to a wholesale level. In view of ; present tendencies the public will , not. tolerate excessive prices on holiday poods. Some merchants have relied confidently upon the holiday j
spirit to clear their shelves of hiphj priced goods. The trend in the early part of the new ye-ar can better be forecasted i
' in the light of Christmas buying ! than at present. The entire mercanJ tile. pisition Is clouded with uncer
tainties and the general policy Is to defer Important action until prices
ams. the Florh
st. Main 76?.
9337-20
nrv von: candiiis iii:iu:." The Diana has beautiful stock of fancv boxe and baskets that will
frem fcoo 0t--.
13S S. Michigan 1 make appreciative pifts.
to 123.0'J at tie Diana.
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w ii v7 v i
p n& 5 ii !
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'in
in
tard
vious. Kxport buj'inp continued, j show preater stabilitv and the whole
clo.e of the navigation will re-' process of readjustment has reached the movement of Canadian ' a farther stage. Price slashing at
ain, which must now travel by rail j retail on an unprecedented scale. The government's report of large after Christmas is freely predicted. Top yields broke V ilnesuny's mar- i Conditions compel a realignment of ket after th- ait- . on Tuesday. . , , , ,
which resulted n.nilv from action
looking toward the relieT of farmers. Farmers sold more liberally. The downward movement continued Thursday morning.
Cotton
for fertilizers will inevitably curtail ; eriou diMturbance. Unsettlement ' Mondav
the use of fertilizers and reduce both ln other markets, curtailment in iron acreage anl yield. Tho farmer will!'" steel production, and bear raid-
differ, and so will the public. The mg w-ere principal nctors In the de
fertilizer companies themselves com-
dain, not only that in sme inHianre." they have contracted for their raw materials at high prices, but that farmers are remiss In paying for their last season's purchaws. IiOwcr prices for farm implements may te foreshadowed ln the Federal Trade commission's rtcommendatlon that the government re-open its suit tgalnt the International Hanrstr r Co. and institute proceeel ings against a number of associations that handle farm Implements The commission charges collusion in fixing the price of implements and vrges disolution of the Harvester trut.
Cllne. Sp.-culative issues suffered further heavy loss in Friday's only moderat ly active session.
;u.T. (Chicago Market.) Grains began the week with a show of firmness, reacting from the heavy liquidation of the werk pre-
OTTOX. futures hit the toboggan under the influence of
weakni.-s in the stock market and more especially the government report putting the total yield half a million I ales above averape expectations. Prices rallied next day after further weakr.e', due partly to th firmness of Liverpool cables. Quotations fluctuated thereafter. Scant N'fvember consumption was a bearish factor. Frid .y's session was quiet with a little better tone ln evidence.
We offer and recommend:
South Bend Markets
HAY. STRAW AND IXtD, Corrected Dally by lh W!r 3T.lU nf ft reJ Co.. 42 f. SlUhlcan.) NCW HAY I'aing to 122, Rellin;; IZO to STRAW IMvin tl2, sellle.jr 1 to H. or Ih bal. OATS l'aylnar 50c; selling 70c to sa-. CLUVKR SELD rnying I0.00. Ihiij 2 to $14. ALS1KK CL0VEII S-llIr.ff 111 to JM Al.i'Al.KA (Nortßirn crown llfl NKW CO It S I'ayluff 70 Sellins $1 to giuim and rccn. (Crr-t4l Iitr r t. n. Mor(itn. Hurr VltU. U?1rillc Ay.) COHN-Pajlng U tubbed. OATS Paying .Vw. soiling 70 to Si UK a.n t-fHiag Xi.zx
MI I) I 11 NHS Selling f2.51
CllUl'PtU cwt. SC ra mi rwt.
ni srN:s m U IIIIAT-Paring .I mi. Ki: l'.iylng U.2Z. ' ill ,yj lv;iiiiAT la vine $.22:, hundred
SMALL PROFITS
in
MADE IH CATTLE
Rcpurts Show Selling of Corn is More Profitable to Farmer.
FKLL Soli;.' '
FKEP Soiling
Figures on th cost of fattening be-f cattle in various i--otions of the mate during the past two years, by agriculturists, show that the growers covered by the reports just issued failed to make as much on their cattle as they rniirht have made hau they sold their corn Instcid of feeding it. Mcst of the cattle studies in Indiana cost the fanners hetwee-i $1J and 517 p-r hundrel Iail down at market. Ots v r nrnctlrnllv tli.
, ...
r. tin anai. same for 101-19 and for FJl!.-1 '" Itr! Average Cots.
f.. Ort-?? 3.2.1
COMMODITY PRICES
Can prices regain and maintain a pre-war level? Can they even remain where they are as concern primary markets? Thes are questions to which many economic lights return negative answer. Unless watres are deflated, prices can not register a permanent decline. Already different commodities, notably farm products, are selling below cost of production. This is an unnatural comlition, which can not lon persist. Fither wages, and with them profits, must come down or prices go up. Increased ' efficiency and modern methods are not sufficient ti reduce co.sts of proluction while wages remain fixed. Many price reductions are predicted upon a later wae reduction and are intended to pave the way by introducing a dower cost of living. Price reactions from current low points are entirely possible next year. A firmer tendency will inev-
Crrrei4 Plt h fTrnr tr. ft
tr. tt . MlrMcan t.)
COW PKAS I2..V) to f 4 CO bcnl.
Al.PAI.PA-jn to $W per iti:r and iiAMMoin ci. to 12 bimtsfl.
A LSI KP III t la huh-1. M .NKI.uVn.S-l pound WINTER Ol; IIAIKY HETCH I20.M iiUfdrl r)UJ. liLii: liUASs $ ,v ?Mifti .swKKT wnrrp. ci. n na HEI TOP rr bt bl. ' WIllTL I'MiVFl!-l.'.O'J bu. Pli;iA PLAÜ IJOO to ?! fj t.usel. KAI'K SKi:i) (Dwarf i:ex) ,i pir I AWN URASs-: r,r fWt (.IA UK AN 3 U to Sati)-i00 ppr CLOVER SErr JIO to Ii buffcel.
Averacre v. ere as follows: uaoiy develop once me pur-nc is
lir-l winrer. all catth- (l ,I0 K'vlneed that prices have touched
M4.44 Per hondr-d: s. .-end wint.-r bottom and become stabilized and
cattlo ccved by survey C' buyimr is resumed. Meantime, rehead). $H.,-7. by cost-accounting ! i:'ih'rs nr(' expected to cut prices method (vl 7 he.nl I. Sli.Tf.. j trast ically in order to move stoks In the Indiana area,' figuring fm h(ui;ht during the war-inflationary the basis of the averaj;- ster, with Priod. January will in all probc rr. counted nt tt'e f.-irm 'r?,. ' afdMty. witness i)rire jdashintr at re-
ch?l. . j there w is a preijnipti"o average le. ia' mcre sensational than any hereh'vv?' tij of '--"'' Pr h-a("t for th. fittb CO . . tof ore. It is alike improbable that; uw.i; ?ij ; f.r(1 in i i s -1 and cf $!.. ::?, and i rttail prices in their downward i
STANDARD
ot Calitornia
OIL CO.
When Santa Claus Wields the Paint Brush When Christmas time comes you want things bright and merry. And paint helps you have that kind of a Christmas bright and merry and jolly. Paint, too, is a sensible Christmas purchase. It does no harm to be practical, even at Christmas time.
CONSCIENTIOUS PLUMBING! Are You INTERESTED? There's an old saying, which runs in thi wise: '"He that tooteth not his own hum. veiilv !fc
not he tooted." We say kind tliin.es about our PLIMBING It' 0od business policy for u-s t d m . BECAUSE the plumbinir is UP to the best - e S V about it so is the service! So is the reasonableness ot our charges! When there's a breakdown in basement, or bathroom, r kitchen. When there's any reason whatsoever tor callinc; a plumber, call US. You'll understand why when the finished result is before ou. JOSEPH A. LUTHER EXPERT PLUMBER 118 West Colfax Ave. Lincoln 16S0.
IKJJU.IW
i
0.
104 V. Division St.
Frank
eorating
Lincoln 5893
10 Year 7 Bonds Dated January 1, 1921 Due January 1, 103 1 PPSET. Par and Interest
The Standard Oil Company 1 of California is the largest pro-j ducer of oil in this country, and : with capital of approximately! $100,000,000 is the second j largest of the Standard Oil j group. The Comapny's stock at j present market prices represents' a value of about S3 20,000, ooo. j These Debentures constitute the! Company's only funded, debt.;
It
FLETCHER AMERICAN COMPAKY
South Bend Oftice,
J(0 1 C IlniMincr
' k 1 7 U I I .I I 1 I v, t
'hone Main 1731.
CHICAGO 209 S. LaSalle St.
NEW YORK 42 Broadway
MEMBERS: New York Stock Exchange New York Cotton Exchange New York Produce Exchange Chicago Stock Exchange Chicago Board of Trade Minnnrpolb Chariber of Commerce Winnipeg Grain Exchange New Orleans Cotton Exchange Indianapolis Stock Exchange SOUTH BEND OFFICE J. M. S. BUILDING Telephones: Main 390-391-392, Lincoln 2028. J. VV. McMFEN, Manager Facts and figures in connection with securities or com.Tiodities cheerfully supplied. . Our private wires extend to the leading cities of the United States and Canada. SPECIAL ATTENTION GIVEN GRAIN AND COTTON FUTURES COMMUNICATE W11H NEAREST OFFICE.
U9R
!H..f7nr7?,v7
BRÖK
ERS
263 FARMERS TRUST BUILDING -Lincoln 1171 MEMBERS: New York Stock Exchange New York Produce Exchange New York Cotton Exchange Chicago Stock Exchange Chicago Board of Trade Minneapolis Chamber of Commerce Milwaukee Chamber cf Commerce St. Louis Merchants Exchange Winnipeg Grain Exchange Indianapolis Board of Trade Peoria Board of Trade Our Direct Wires to New York and Chi caso Insure Prompt Execution of Orders in Stocks, Bonds, Grain, Cotton and Provisions
! Buy,
If You Yant to
r m
It
Sell or Exchange
TRY News-Times 7ant Ads
1.11, rospec tivrly f.r l ho two sr-)iips rovT-il darin th ..conI winter. riirurlP'T without rrforrriro t" th-m.-M-kt't j.-iro of rr.m. th.it i. co':ntiur artu.'il aincint rv.ivfi fn,-
swintr will reurn thf pro-war 1pv'I or that )t:io produror."" prices in their upward movement will approximate thf hU'h points of 1920. The cost of living, as ostimatfd hy the New York Merchants' asocia-
il. :r ws f.Miml Iva more than ; tion in Novenihor, has fallen only 10. li.Of tho farmnrs mnr. rn.-l r I ; per cmt Lelow the peak of June.! Ios linn l pvr h.ishrl bv rri-kt - ! 1 920. furni.hinfr nn xplanation of! ir.ir their corn .tliroutrh fittlf. and the working man'.- rt5uetanc to ac- j that a ron-'iaer.Ud prerr.tn 7, m c-jU lower was. Clothing, food'
in.' r tt!- 1 1 1 not r-t-:in anything-. aiul furniture have deolineil. but
' ' ie com !l ! to llieni. 1 :mni:mrptj nnil sorvirc! tf fill
rOCLTUY AM MtATl Crctt Utty T1 Jloimlo't Itl K. Jffr,on UUi.i SPSINO ClllL'Knf I3c ' FIKK-Iloatc iiCi ; totl!a. 30c: ruc3 truk, oci uiiv. K ; ; .rir
rBonccK LnRlTT. r.rwrr, tsn n. Min 3I?TTMt AM IJJiiS -TT rt t-r. i-iijln? Me pounI, ? 1 1 i : i poun.l; fMlla .iN xrr.: , : I -rv.'ft i':!if, mil nara! or.iii,;. s ll.- t U1.- ; . r tiu"u; new calba pui iis - l---- 1:-.. .NLW l'OTATOKS t.V r
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LIVE STOCK. (Corrf'.it lr t b.i M- -r ftr H. l,v HEAVY KAV 1 ry.il I ilr to !. lOVi:- nrHao. 12. Ifr. u;s t. i: ii..., 7 r. io; i;- t 170 11... s l-4c: 17." to :t. 1 - :
lllim AM TUX)W, i tCiri4 ToJt bs w. LJrpuiAa. 11 ' inni:s-s-; vMkins ir. ; rniT- t ' tallow. a : ruu;Ls talWu, ii.; cii::. i
vi: siu:m
Tiu- "-nidation Army krim rvorv worth family hi South Jlend a:i 1 lcln- to hrln .nu- Joy to rali faniilj. Viill jou I I5o to hiita'l Joy? .Iut phon. .Main i:M2 or iul joitr tlonalloji to 211 . St. IVlrr v , , or t t i nr jottr cM't tt lu; V. Colfax. .Mi rr) .ina to nil. 'Jl 1 -.."
frt
-rrisi: xmas camhiv
Spttial nws .-ilt- o i pure
Ii'ia le :.-si.rtt l lt t ind.e-. rhoi" lates. c.ir.ir.it -l ar.d I in tons at ."e lb.: 2 IU. Ter J1.C0 at the Diana.
r- '.-i
A few days ago the city council notified the public there was going to be a coal shortage. 1 have on hand:
Egg Coke Pocohontas Hocking Valley Illinois. All sizes of anthracite and kernel. Call and look me over.
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Phones: Main 1711; Main 477
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Published in the Interest of Home Seekers
illHlTf nmU
r L L L E ll
11 1 W d
OfTice 1st Floor Fatmcrs Trust Bld. Fhonc, Main 4100
DECEMBER 19, 1920
CHRISTMAS EDITION
SOUTH BEND, IND.
1 --- n
A Home of Your Own This Winter
Man-
You Owe It
to your wife and family; you owe it to yourself A Home Can you think of a more appropriate Christmas gift for your "dear ones?" Can you think of a gift your wife or children would appreciate more? Home owning is cheaper than house renting, and hundreds of our clients will back us up in this statement. In many cases, the first payment on a Whitcomb & Keller home does not equal the purchase price of the diamond, pparl necklace, or fur coat that more than one woman will receive as a present. Let us show you the attractive dwellings listed below.
$750 Down
T lit! I y.u h,r, .t. hoir.'- :' your very own. .': will ;. know the k-'n enjoyment y u'r iiii.sin. In th- wintf-r tirr. . home life is at its t st. Th -r are nuts to cra i:. took- an-i magazines to r-al. Trliaps :i jdionorajjli t l:.t-n tu '!'; iun" winter -von.r. r.-.. rn'-
il:o- :),. r to-, r. :!::. " artar:r
d
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' in h rfTdir. t" !. t Wl;;lr. t "'j
T ri
$500 Down and the La!ance lik.- nut will take a cor.y little huniralow on I.nald Street. The horae ha.five rooms and t-ath and in strictly modern from top to bottom. It has oak LorCers, screened porch, a pood furr.aro to keep you warm this winter, and in all. is the kind of a home that will make ynnr wife jrive you ft bi huLr; when you tell hvr that i hers. Immediate possession r.rs' come, lirst it-rved.
$500 Down
and the laIan o like r:nt, will take a beautiful new Iiotju- in Edsvwater I'lace, South Ilend's closest in' ub-divislon. Tln house has six rooms and tath all nvulern. is located in the b st of neifrhborhoods, and will lrov.- a real investment in happiness. I'oss s.-iuii within a f . w day
Wl.
and th- iKiiano- dke irit.
Luv a homey home on Ka..-t Broadway. Tliis jilace is lus.l with a jrenerou.H aruouiit of sh'tde tree? and fruit. !arj.'e i-t anrl garage t.g er.ougli for three cars. The lioiis. has s-e!i ri'om- and 'th. and is the kind of a home in which to hring up a family. Sei it at once.
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