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The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, September 25, 1922, Home Edition, Image 11

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SEPT. 25, 1922
STOCKS CAIN ON
STRENGTH OF NEW
TOOK SETTLEMENT
Stronger Tone Shown in Early
Dealings on New York Ex
change Today.
DEVELOPMENTS REFLECTED
Near East Negotiations Bring
About Gains to New High
Levels.
Twenty active industrial stocks Sat
urday averaged 99.10, up .55 %;
twenty active rails averaged 91. SB,
up .52%.
. By United Financial
NEW YORK. Sept. 25.—The Wall
Street Journal today says:
Stocks showed a stronger tone in
earlier dealings on the New York
Stock Exchange today, reflecting de
velopments over the week-end in the
foreign situation, which pointed tef
early settlement of the Turkish dif
ficulties. Atchison led the rails, gain
ing 114 to 106"* on initial transaction.
Gulf States Steels 3-point gain to
anew high for the year was the
feature of the industrial trading. Most
of the issues in the general
were fractionally higher in the
M-st fifteen minutes.
Improvement in the outlook abroad
resulted in considerable short cover
irg in the first half hour, which was
accelerated by the strong tone shown
by the market under the impetus of
heavy accumulation of buying orders
over Sunday.
Special demand was in evidence for
merchandising issues of the type of
Kresae, which reached anew 1922
high at 180, and Woohvorth, which
sold at 190, up 6>4.
Continental Can reached anew high
on the recovery at 89*4 on talk that
the stock might be placed on an $8
dividend sooner than the financial
community expected. United States
Realty achieved anew 1922 high at
S3 and Owens at 114-
Specialties continued to absorb the
major part of the dealings around 11
o’clock. Electric Storage Battery
made anew high at oils and Na
tional Enamleing at 64 a .*. Standard
Oil of New Jersey duplicated its high
on the current rise at 19714. while
Standard Oil of California sold at 117,
a fractional gain over last week's
best figure.
Although the general list was quiet,
liquidation was noticeably absent and
many commission houses were recom
mending purchase of stocks in the
belief that the reaction had pretty
well run its course. At Saturday's
close. J. S. Bache & Company pointed
out the general line of industrials and
rails was not lower than last Monday
noon. In other words, the resistance
level was held for five days and head-
Kay beyond this level has been neg-
Ugible. Irrespective of any further
attempts to raid the market, stocks
will be considerably higher toward
the end of the week.
Further selling of Rock Island in
the first hour again broke the stock
to a low of 44.
LOCAL BANK CLEARINGS
Indianapolis bank clearings Saturday were
$2.579.000. for the week ending' Saturday.
516.846.000; bank debits Saturday were
$5,308,000. for the week ending; Saturday,
$35,286,000.
FOREIGN EXCHANGE
By T nitei Financial
NEW YORK. Sept. 23.—Foreign exchange
closed steady. Sterling-, demand. $4.41 % :
cables. $4.42. up ** c. French. demand.
7.61 c: cables. 7.61 He, tip .01 He. Lire,
demand. 4.21 c: cables. 4.21 %c, up .01 %c.
Belgian, demand. 7-13%c: cables. 7.19 c. up
.01 %c. Marks, demand. .07 He. Drachma,
demand. 3.20 c: cables 3.25 c. Swiss, de
mand. 18.68 c: cables. 18 70c. up ,02c. Guild
ers. demand. 38.75 c: cables. 38.78 c. up .04c.
Pesetas. demand. 15.31 c: cables, 51.33 tip
.06c. Swede, demand 26.46 c: cables. 26.50.
up ,07c. Norway, demand 10.89 c: cables.
1¥.93e, up ,06c. Dane, demand. 20.86 c: ca
bles. 20.90 c.
NEW YORK LIBERTY BONDS
—Sept. 23
Prev.
High. Low. Close. Close.
*% 101 38 101 24 101.24 101 34
2d 4s 100.06 100 02
Ist 4% ..100.70 10052 100.64 100.54
, 2cl 4% s .100.12 100.06 100.08 100 08
3d 4Us .100.26 100 14 100.18 100 20
4th 4U s .100.50 100.42 100.50 100.40
Vic. 4H5.100.70 100.66 100.66 100.70
MOTOR SECURITIES
ißy Thomson & McKinnon)
—Closing—
Bt > . Bid. Ask.
Col. Motors 331 J
Packard com 14 14 u,
Packard pfd 88*2 90
Peerless 58*4 60
Continental Motors torn .... 10*4 10U
Continental Motors pfd .. . 103 105
Hupp com 22 V 4 23
Hupp pfd 105 110
-Reo Motor Cars 13 13 VI
Elgin Motors x v 2
Grant Motors ij as
Ford of Canada .410 415
National Motors 2 3
Federal Truck 19 21
.Paige Motors 22 23
Republic Truck 3 31£
ACTIVE oTiTsTOCKS
(By Thomson & McKinnon)
—Sept. 25
—Openinv—
Bid. Ask.
■s-y-o-American Oil 20 20U
Atlantic Keflnnig. Lobos !> 9 >4
Bome-Scrymser 410 450
Buckeye Pipe Line 92 100
Chesebrongrh Mfg. Cons 195 205
Continental Oi!. Colorado .... 143 147
cCosden Oil and Gas 5 11
Crescent Pipe Line 35 37
Cumberland Pipe Line 145 155
Elk Basin Pete 11 11* J
Eureka Pipe Line 93 98
Galena-Signal Oil. pfd 108 112
Galena-Signal Oil. com 51 54
Illinois Pipe Line 173 175
Indiana Pipe Line 96 9714
Merritt Oil 8)4 9
Midwest Oil 1 iZ 214
Midwest Rf? 225 "
National Transit 26 27
New York Transit 173 178
Northern Pipe Line 104 108
Ohio Oil ~. 299 305
Penn-Mex 26 27
Prairie Oil and Gas 635 645
Prairie Pipe Line 270 275
Sapulpa Refg 314 314
Solar Refining 340 360
Southern Pipe Line 95 98
South Penn Oil 200 210
Southwest Penn Pipe Lines. . 61 64
Standard Oil Cos. of Ind 11714 117%
Standard Oii Cos. of Kan 590 595
Standard Oil Cos. of Kv 107 10714
Standard Oil Cos of Neb 190 200
"Standard Oil Cos. of N. Y 495 500
Oil Cos. of Ohio. . . .485 500
IC* :i & Finch 32 36
Waiiium Oil 500 505
Washington Oil 20 25
CHICAGO PRODUCE
(By Thomson & McKinnon)
—Sept. 23
Open. High. Low. Close.
Vr. & Cos. pfd 99 -, 100 99% 100
Con. Motors. 10% 10 U 10 10%
Mont Ward. 22% 22% 22% 22% !
Pig Wig. (A) 43% 14 U 43*1 43%
Quaker Oats. 98*5 08% 98*4 08%
Stewart-W 50% 50% 50*. 50%
Swift & C0..108% 108% 108% 108%
Swift Ini'. 23 % 23% 23". 23%
Thom ij Ri 49% 50 49% 50
Union C r ;• 63 61% 61*4
Yo”o 73 % 72% 73
New York Stocks
<By Thomson & McKinnon)
—Sepi - 23-
Railroads— jf reT
High Low Close. Close
Atchison ...105% 104% 100 104*4
At Coast L. .117*4 117% 117% 119
B. & 0 56% 55*4 56 65%
in Pacific. .146% 144% 145% 144%
C. & 0 74% 73% 74% v 73%
C. &N.W. R 92% 92 92 91%
CRI&P... 45% 44% 44% 45%
C & G W Pfd 14% 14% 14% ....
Del & Hud..134% 134% 134% 135
Del A Lack. 133 133 133
Erie 15% 16% 15% 15%
Erie Ist pfd. 24% 24% 24% 24%
Gt North pfd. 93*4 92% 93 Vi 92%
K. C. South. 23% 23% 23% 24%
Lehigh Val .. 69 % 69 % 69 % 69
O. & W 25% 25% 25%
M K & T... 18*4 18% 18% 18%
Mo Pacific pf 59% 69 59% 69%
N. Y. Central. 98 % 97 % 98 % 97 %
N Y-N H & H 31*4 30% 31 31
No Pacific.. 86% 86 80% 85%
Nor & West.ll9% 119 119% 119
Pennsy 48% 48 % 48% 48%
Reading 78% 77% 78 % 78
So. Ry 25% 25% 25% 25 %
So. Pacific .. 94 % 94 94 94 %
St. Paul 34 34 34 32%
St. Paul pfd. 51 51 51 50%
St. L & S W 31% 31 % 31% 31%
St L A S Fe R 28 % 28% 28*4 28%
Tex & Pac. . 30 2P‘% 30 29%
L’n Pacific. . .150% 150% 150% 149%
Wabash ... 12% 12 12% 12
Wabash pfd. . 32 % 32 % 32 % 31 %
Pgh & W Va 37% 37% 37% 38
Rubber*—
Ajax Rub... 14% 13% 14% 13%
Good. Rub.. 33% 33% 33% 33 %
Kelly-Spg .. 43 42 % 43 43
IT. S. Rub... 51% 50% 51% 50%
Equipments—
Am. C. A Fd..187% 187% 187% 186%
Am. L0c0... 123% 122*. 123 123
Baldwin L.. 135 % 133% 134% 133%
Gen. Electric 178% 178% 178% 178
Lima Loco. 60% 60 60 60%
N. Y. Airb. . 39 38% 39 39
Am. S. Fd... 44% 43 % 44% 44
Pullman ..132% 132% 132% 131*4
Ry. Steel 5p.117% 117 117% 117
West. Air... 102 102 102 103%
Steels—
Beth. (B) .. 70 76 76 76
Crucible .... 90 88% 89 88%
Gulf States.. 90 85% 89% 85%
Lackawanna. 81% 81 % 81 % 81%
Midvale 35 % 3535% 34%
Replogle 34% 33% 34 32%
R. I. A Steel 67% 66% 67% 66%
Sloss Sheffleld 49% 49% 49% 48
r. S. Steel. .104% 103% 103% 103%
r. S. 9. pfd. 122% 122% 122% 122%
Vanadium... 49% 48% 41% 48
Motors—
Am. B. Mag.. 41 41 41 40
Chand. Motor 60% 60*4 60% 60%
Gen. Motors. 14% 14% 14% 14%
Hupp Motors 22% 22% 22% 22
Hudson M... 22% 21% 22% 21%
Max. M. (A) 58 58 58 67%
Max. M. (B) 18% 18% 18% 18%
Mack Motors 68 58 58 57
Moon Motors 16 15% 15%
Martin Perry.. 32 31 % 31% 31
Pierce-Arro .. 13% 13% 13% 13%
Studebaker .128% 126% 128% 126%
Rep Motor... 3% 2% 2%
Stew-War ..60% 60 50% 50%
Will-Over ... 7 6% 6% 6%
White Mot... 50 50 50 49
Mining—
But C & Z. . 7% 7% 7% 7
Gt N Ore... 39 % 39 % 39 %
Dcme Mines. 38 37% 38 37%
Int Nickel... 17% 17% 17 % 17%
Tex G A Sul 55 % 55 % 55 % 55 %
Coppers—
Am Smelt... 62% 61 % 62% 61*.
Annconda ... 3% 53*. 53% 63
Chile Copper 26 25% 26 26%
Inspiration . 40 % 40 % 40 % 39 %
K-nnc-ott .. 35% 35% 35% 35%
Miami 28% 28 % 28% 28%
BOND MARKET ACTIVE
bale of Large Volume of Liberties Is
Feature.
By V. 11. URIMF.B
f nited Financial Staff Correspondent
NEW YORK. Sept. 25.—The bond
market started anew week today
more active and with a firmer under
tone than it showed last week. The
rather large volume of liberties sold
was the feature of the early trading.
Liberties opened film and continued
that tone as sales during the first
hour ran into good figures.
Price changes were fractional in all
gioups. The speculative rails seemed
to have recovered from some of the
uncertainty that has beset them.
NEW YORK STOCK OPENING
A'ax Rubber 14 %
American Can 60 %
Am. Car and Foundry 188 %
American International Corporation . . 34 %
Am. Steel Foundry 4+
Am. Sugar Ref 79*-
Am. Tel. and Tel 122''.
Am. Woolen 90 %
Anaconda 54
Atchison .106%
Baldwin Loco 135%
B A 0 5 %
California Pete 63 %
Central Leather 41 '
C A Cl 75
Chi.. Rock Island A Pac 45%
Chili Copper 28
Chino Copper 30 %
Coco Cola 09%
Consolidated Gaa 141
Continental Can 88%
Crucible Steel 90 %
Cuban Am. Sugar 23
Davison Chem 5]
Erie 15%
Elec Storage Battery 50%
Famous Players 98
Gen. Electric .179
General Motors 14 %
Great Northern Ore 39%
Gulf States Steel 93
Hudson Motors 22%
Invincible Oil 15%
Lima Locq 60*;
Lehigh Valley 69%
Maxwell Motor (B) 18%
Marine pfd 58 ",
Mexican Petroleum 187'-
Mexican S. B 20%
Midvale Steel 35 %
Missouri-Pac. Ry 22%
New Haven . 31
Norfolk A Western -.-.....120
Northern Pacific 86 T .
Owen Bottle com 40 *j
Pan-American Petroleum 79*.
Penna Ry 48'i
People's Gas 95*.
Pierce-Arrow 13 %
Phila. Company 45
Pullman Pa! Car 1331,
Pure Oil 32
Rcw Iron and Steel 67
Steel 34' .
Roysl Dutch of N. Y 59
Sears-Rnebuck 90*.
Sinclair 34'
Southern Pacific 94 %
Southern Ry 25 %
Standard Oil of Cal 110%
Standard Oil of N. J 197’:.
Stciiij't A Warner 50%
Studebaker 128%
Texas Cos 48
Tobacco Products 80*4
Transcontinental Oil 14
United Fruit
T T . S. Retail Stores 81 %
T 7. S Rubber 51 %
TT. S. Steel 104
U. S. Steel pfd 122%
Utah Copper 07%
Vanadium Steel 48%
Westtnghouse Electric 63
White Motors 50%
Willys-Overland 0%
Wilson A Cos A 48
IN THE COTTON MARKET
By United Financial
NEW YORK, Sept. 23.—-Cotton opened
slightly firm, up 18 to 21 points on the
week-end covering. Wall Street and Liver
pool buying that was induced by the better
foreign political news, strength of stocks
and steadiness of the foreign exchange The
market closed firm, up 16 to 26 points
High. Low. Close.
October 21.23 21 08 22.15
December 21.48 21.24 21.40
January 21.30 21.12 21.22
March 21 30 21.10 21.23
May 21 20 21 04 21.10
July 20.90 20.82 20.85
By United Financial
NEW ORLEANS. Sept 23.—Favorable
cables from London and reported generally
fair weather caused the local cotton market ■
to show a bullish front today. The market
closed steady. High.
High. Low. Close.
October 20)78 20.50 20.70
December 20.90 20.05 20.80
January 20.90 20.64 20.80
March 20.76 20.68 20.69
Spots. 20.60 c. unchanged.
COTTONSEED OIL
By United Financial
NEW YORK Sept. 23.—Thf* cottonseed
oil sales were moderate, but prices were 15
to 25 polnt9 higher. nearby# showing the
greater btrength Very little oil was for
aa’.e and bulls bid the market up sharply on
little commission house demand. Septem
her. 9.60 c bid, no offerings. Crude reported
to have sold at 7 cents in the South, with
compound stronger at Some
compound nen r *v * N>ral sales to iti-
f * * nnre lard
rr w Prev
I v . _ Close. Prey.
Nevada Cons. 16% ]fl% 10% io%
Utah Copper. 08% 67% 67% 67%
S a^w C °r n9 , - - 15 y * 15% 16%
Moth Lode.. 11 10% 11
Oils—
Cal Petrol ..63% 62% 63% 62%
: Cosden .... 50% 49% 50 49%
Houston Oil. 79% 79% 79% 78%
Invincible Oil 15% 15% 15% 15%
Mex Petrol.. 188% 187% 187% 180%
-M.ddle 8 Oil. 13% 13% 13% 13%
eX „ SB W 21 * 21 21% 21
Pan-Am Pet. 79% 78% 78% 79%
Pacific Oil.. 60% 56% 60% 66%
Pierce Oil .. . 6% 6% 6% 6%
Pro and Ref. 46% 46% 45% 4574
Pure Oil . . 31 % 31 % 31 % 31 %
Royal Rutch. o 7 % 57% 67% 68%
bt Oil of Ca 1.116% 115% 116 115%
Marld Oil ..40 % 4040 % 39 %
8O.?f N. J.. 197% 195 190 195%
Sinclair 34% 33% 34 33%
Texas Cos. . 48 47% 47% 47%
Texas C. AO. 25% 25% 25% 25%
T. Oil.. 14 14 14 13%
Union 0i1... 19% 19% 19% 19%
White 0U... 8% 8 B<s 8
Industrials—
Allied Chem.. 83% 82% 82% 83
Allis-Chal.. . . 50% 55% 65% 59%
Amer Can.. . 60% 50% 60% 59%
Assd Dry G.. 61% 61 61
Am. Drug... 6 % 0 % 014
Amer. Ice ..113% 113 113 1X2%
Am. Linseed. 30% 30% 30% 30 Vi
Am. Woolen. 99% 98% 99% 99%
Cen. Leather 41% 40% 41% 41%
Coca-Cola. 09% 07% 69 Vi 08%
Comp. A T... 74 % 74 % 74 % 72 %
Col. Graph. . 3 % 3 % 3Vi .T . .
Cent. Can... 87% 87% 87% 88Vi
Goidwyn .... 7 7 7
Fain. Players 07% 97% 97% 96%
Gen. Asphalt 64% 03’* 64 03
Inter. Paper. 58% 57'* 57% 57%
Inter. Harv.,llo% 110** 110V* 110
Loews 21% 21% 21% 31%
May Stores.. 130 130 130 129%
Mont. A W.. 22 Vi 22% 22% 22%
Nat. Enamel 62 61% 62 60%
Orpheum . . 24 % 24 % 24 %
Owen 80t... 40% 39% 40 39%
Pitts. C0a1... 09% 09% 69% OB %
i Union B. A I*. 73% 73 73% .
: United Drug. 80 80 80 80
U. S. R. St.. 82% 81% 82% 81%
j U. S. 111. Ale. 65% 64% 64% 04%
Woolworth .183 Vs 183% 183% .....
Utilities—
Am. T. A T. 122 121% 122 121%
Brk. R. Tm. 24% 24% 24% 24%
Consol. Ga 5.140% 139% 140% 139%
Colum. Gas. 110% 109% 109% 109
People's Gas 94% 94% 94% 95
P. Gas. A E. 80% 84% 84%
Shipping—
Am. Int. Cor. 35% 35 35 35
Am. S. A C. 21% 21 Vi 21% 21
In. M. M 14% 14% 14% 14%
In. M. M. pf. 59% 58% 58% 58%
United Frt. . 148 148 148 149
Foods—
Am. Sugar.. 79% 79% 70% 79%
Am Beet Sg. 43 43 43 43%
Austin Nich. 37% 36 s * 30% 37
Corn Pr0d..116% 115% 110% 114%
Cub. Am S. 22% 22% 23% 22%
Jones Tea... 18% 18% 18%
Tobaeeoi—
Am Tob. Cos 161 % 100% 161** 160%
Gen. Cigar .80 80 80 80%
Tob Prod... 80% 85% 80% 86
Miscellaneous Stocks—
Alaska J 1% 1% 1%
Am. Rad... .123% 121% 123 123%
Dav. Chem.. 50% 49% 60 4S **
Elec. S. Bat.. 50% 50% 60% 50
North Am... 94% 94 94 94'*
Phila Cos.. 44*- 44 *a 44% 44%
Laclede Gas. 90 90 90 90%
Pere Marquet 37% 37% 37% 37
Shelly 0i1... 10% 10% 10% 10
S. Oil of Ind. 117% 117% 117%
Total sales.* 385.600.
STOCKS SHOW STRENGTH
flood Advances Are Noted as Curb
Market Opens.
By ll\ 11. ORIMES
United Financial staff < orrespondent
NEW YORK, Sept. 25. The
strength that came into the curb
market at the week-end carried over
into the session today and the prin
cipal stocks opened at good advances.
Gulf Oil of Pennsylvania reached
66%. while Mutual Oil was up *4, at
11%.
The Standard Oils were also higher,
with New York at 500, up 4. and the
others up fractionally.
NEW YORK CURB MARKET
(By Thomson & McKinnon)
—SfDt. 23
—Openlne—
Hid. Aik.
standard Oil of Indiana . 11HL, 118*%
Standard Oil of Ky loov* in? 1 *
Stutz 21 22
Iloone 10 12
Boston and Montana t) 10
Huston and Wyoming. . . . B.*> 90
rarib HU
Engr* Fete 19 21
Eureka 25 27
Gill 4*4 ’>4
Glen rock I 1 * 1 316
Goodyear com 10 11
Goodyear pfd 27 29
Hardshell 0
Imperial Oil 11l 112
Hit Pete 21 H 21
Ktrby 4 % 5 .
Merritt 8 •’** 9
Mutual 11 >< 11 K
New Mex. and Arlz. . . . 1% 2Va
Noble Oil 19 21
Orrnr Oil and Gaa 1 1 11-Id
Penn-Mex 2fl 27
Rad o 4 V 4 4
Sapulpa 3% 3H
Salt Creek lAI,* 1 ,* 13%
Anglo So. Africa 19 23
Citiea Bervif*c 197 199
Oittf s Service pfd M9Vj 70
Cilice Service Hanker* .. 21 % 21*%
INDIANAPOLIS STOCKS
—Sept. 23
Stock*
Rid. Ak.
Ind Rv & Light com 3*
ind. Ry A Light pfd 5 00
Indpl* A S E pfd 0
IndpH St Ry 66%
T. H. T. A L. pfd 80
T H I A L. pfd 75
T. H. I. A E. com 1 6
T. If 1 AE. pfd 7% ...
U T of Ind corn 2
TJ T of Ind Ist pfd in
tj T of Ind 2d pfd " 6
Advance Rumley pfd 40 ...
Advance-Rumley com is 20
Am Creosotinx pfd *** .
Belt R R com 58% ...
Belt R R pfd 61 % ...
Century Bldg Cos. pfd 95
Citizens Gas Cos 22 % 26
City Service com 199 202
City Service pfd 68% 71%
American Central Life In a. . . 200
Dodge Mfg Cos ...
Horae Brewing . . •
Ind Hotel com •. •
Ind Hotel Cos. pfd 99
Ind Nat'! Life Ins Cos 2
Ind. Title Guarantee 50 ...
Ind. J*ipe Line 95 98%
Indpl* Abattoir pfd 40 ...
Indple Gas 49 ...
Indpla Tel pfd 95 ...
Indpls Tel com 1 ...
Mer Pub Util pfd 62
Rauh Fertilizer Cos 49 ...
Nat’l Motor Car Cos 1 % 3%
Pub Savings Ins Cos (1%
Standard Oil of Indiana.... 115 120
Sterling Fire Insurance Cos.. . 7 8
Van Camp Hdw pfd ...
Van Camp Prod Ist pfd... 97 ...
Van Camp Prod 2d pfd , ..
Vandalia Coal Cos. com, .... 1 6
Vandalia Coal Cos. pfd 19 16
Wabash Ry com 11% ...
Wabash Ry pfd 30% ...
Bonds
Broad Ripple Bs 63 ...
Citizens St. R. R 5s 84 86
Ind. Coke and Gas 6s 86 91
Indpls. C A S 6s 93 ...
Indpls A Martinsville 65.... 58 ...
Indpls A Northern 6a 52 55
Indpls St. Ry 4s 67 69
Indpls AN.W. 5s 56% ...
Indpls A S. E. 5s 40
Indpls. Shelby A 9. E. 65... 60 ...
T H I A E. 6s 71 71%
Citizens Gas 88% 92
Indpls Gas 5s 90% 91%
Kokomo. M. A W. 5s 90
'lndiana Hotel Cos. 6s 100 ...
Indpls Water 4%s 82VS ...
Indpls Water 5s 07 ...
Indpls T. A T. 6s 85% 90
Indpls L. A H. 5s 94 95
V T of Ind 6s 63% . .
New Tel L D 5s 08
New Te! Ist 6s 98 ...
South Ind Power 6s 87 92 j
BOSTON WOOL MARKET
By ['niter/ Financial
BOSTON. Sept. 23—Although woolen
mills ar*> verv reticent concerning the con
dition of their business at this time, there
seems to be more enthusiasm among wool
dealers along Summer Street. This attitude
toward the wool market seems to have been
inspired by the 5 to 10 per cent advance in
foreign wool markets, despite the fact that
the tariff bill adds to the cost of obtaining
foreign woo,** delivery in Ro ot o Choice
wools are nen * aid tber
medium rrrnd -j ti
THE INDIANAPOLIS TIMES
CORN AND WHEAT BULLETIN
For the twenty-four hours ending at 7
a. m.. Saturday. 9ept. 23. 10ff2.
Temper-
ature _
O. T3
05 5.5 w .2 § 3 o
c 2 3 obs e: ®
cj -a ® £l. f c o. zj t- t,
!L. lllill: M Mi.
South Bend 81 01 0 Good
Angola 82 58 0 Good
Ft. Wayne 84 00 0
Wheatfield 84 55 0 Good
Royal Center. ... 84 60 0 Good
Marion 83 56 0 Good
Lafayette 84 59 0 Good
Farmland 85 54 0 Good
Indianapolis .... 83 65 0 Good
Cambridge City. . 83 53 0 Good
Terre Haute 86 02 0
Bloomington .... 89 55 0 Good
Columbus 89 53 0 Good
Vincennes 90 58 0 Good
Paoli 74 57 0 Good
Evansville 88 ] 66 0
J. H. ARMINGTON.
Meteorologist. Weather Bureau.
EIKINPitSIT
GHICAGOOPENUP
)T LOWER LEVELS
Decline in Liverpool Market and
Politics Cause Sharp
Breaks.
By United Financial
CHICAGO, Sept. 25.—Grain prices
opened lower on the Chicago Board
cf Trade. The political Mti.-nion and
the decline at Liverpool were the chief
factors in the decline. Weather con
ditions were reported excellent.
Selling sentiment predominated
after the opening, although the trade
was nervous and several sharp breaks
cccurred.
The corn market suffered from the
same Influences which governed
wheat. A heavy movement was also
felt. Receipts today were 700 cars.
The oats market showed marked
sympathy with other grains. Receipts
were 135 cars.
Provisions were nominal.
CHICAGO GRAIN TABLE
—Sept. 23
By United Financial
WHEAT— Open High. Low. Close.
Sept... 1.05% 1.07% 1.05% 1.00%
Dec 1.05% 1.07 1.05% 1 00
May... 1.00% 111 1.09% 110
CORN—
Sept 03% .63% .03% .02%
Dec ... .58 % .59% .68% 58%
May... .01% lil % .01% .61%
OATS—
Sept 39% .30% .39% .39%
Dec ... .37% .37% .30% .38 %
May. .. .39 .39% .38% ,:ts%
LARI)—
Sept.... 10.90 11 00 10.90 11.00
Oct 1080 11.00 10.80 11 00
Ri 9S—-
•Sept 10.50
•Oct 10.00
RYE
Sept... .72 .72 .70% .70%
Dee .. .73 .73 .71% .71%
•Nominal.
CHICAGO CA-SH GRAIN
By l nitrd Financial
CHICAGO. Sept 23.—Whea—tNo 2 hard
5i.08% Corn—No 2 yellow, '33%©65c;
No. 3 yellow. 04<8'.4%e: No. 4 yellow. 03
'fio3 l *o: No 5 yellow. H‘Z%o: No. 0 yel
low. 02V-: No 2 mixed. 03% (|o4c No 4
mixed. 63 %e; No 6 mixed, 01% Wile. No.
2 white, 64% St6sc: No. 3 white, 03%.-:
No. 4 white. oft 'c; No, 5 white 03%e:
No. 0 white, 02c. Oats—No. 3 white. 39**0.
Barley—oo % 82c. Kye—72c. Timothy—
*s'</0.00
indianapouFcash grain
—Sept. 23
Bid* for oar lots of irram and bay at tho
cal! of the Indianapolis Board of Trade were:
Wheat-—Through billed, caaier; No. 2
red. SI OS U 1.10.
Corn—“ Easier Nt> 3 white. 57H<3fi8e:
No. 4 white. &1 Vfc <&r>7c. No 3 yellow,
'7 r j*Usßc. No 4 yellow. fH <U 57r; No 3
mixed. ”and fa 57c: No. 4 mixed.
Oats—Easier: No 2 white, 47 Ulf 3< *.ic;
No. 3 whit*, 3f1^370.
—lnspection
Wheat—No 2 red, 11 oars: No. 3 red. 1
car: sample. 1 car. Total, lb cars
Corn—No. 2 white. 8 cars No. 3 white. 2
earn: No. 4 white. 5 cars: No. 5 white, 4
cars; No. ft white. 4 cars: No. 1 yellow. 1
car: No. 2 yellow. 5 oars: No. 3 yellow. 1
car. No. 4 yellow, B cars: No. f> yellow. 7
cars; No. 6 yellow, 10 cars: No. 4 mixed, 1
car: No. 6 mixed, t cars sample mixed. 1
car. Toal. M cars..
Oats —No. 2 white, 17 cars No 3 white.
P cars sample white, 2 cars; No. 3 mixed. 1
car Total, 21* cart.
Total number of cars for day. Pt>.
Grain prices quoted i. o. b. basis. 41 He
to New York.
LOCAL WAGON WHEAT
No. 2 wagon wheat. 08c. No. 3 white
oats. 30c.
TRADING IS SLOW
Hog Frier* on Chicago Market Are
10 Cents Higher.
By United Financial
CHICAGO, Sept. 25.—Trading was
! slow on the hog market at tlio open
ing, but 180 to 210-pouild sales aver
aged from $10.60 to $10.65 and looked
10 cents higher. Receipts were 36.000,
of which 3,746 were holdovers. After
a slow start it was indicated that
the supply would clear early at prices
ranging from 10 to 20 cents flightr.
A fairly good supply of cattle was
on hand. Prices were steady. Cattle
were about 25 cents higher for the
week and the common grades 2.t cents
lower Receipts were 30,000 today.
Sheep were fully steady and held
their advance, which keeps them at
the highest point of the season. Re
ceipts were 22,000.
METAL TRADE
By United Financial
CLEVELAND, Sept. 25.—Daily Metal
Trade Saturday said:
Several more blast ftirnaees are resumincr
activity in central west because able to
obtain coke, but Connollsviile production is
being kept down by transportation diffi
culties. although 000 more ovens are active.
Advance of? 4 per ton on plaiu wire is
announced by leading interests to a base
of $2.35 per hundredweight. Heavy de
mand for automobile iron and steel con
tinues with ripple made by Ford shut
down or resumption.
Lead keeps up spectacular advance to
nominal price of 6.10 c St. Louts. Zinc
sold at 0.85 c St. Louis for prompt ship
ment. Tin plate makers are buying tin
at 32 %c.
No. 2 foundry pig iron Cleveland deliv
ery, $35 @36: basic pig iron valley, $34;
sheet bars Pittsburgh and Youngstown. S4O
@45: steel bars Pittsburgh. 2.15 @ 2.25 c;
sheet* No. 28 Pittsburgh. [email protected]: plain
wide Pittsburgh. 2.35 ® 2.60 c.
INDIANAPOLIS PRODUCE
Eggs—Fersh candled. 31c. Butter—
Packing stock. 21e; fowl. 4 lbs. up, 22c:
fowl, under 41b., 17c: leghorn fowl and
springs. 25 per cent discount; springs, 21b.
under, 25c; springs, over 2 lbs.. 21c; cox
and stags, 11c: young tom turkeys, 12 lbs.
up. 25c: young hen turkeys, 8 lbs. up. 25c;
old hom turks. 20c: ducks. 4 lbs. up. 15c:
geese, 10 lbs. up. I2c; squabs, 11 lbs. to
doz., $5; young guineas, 1% to 2 lb. slzo,
per doz., $7.
LINSEED OIL
Bit United Financial
NEW YORK, Sept. 23.—The linseed oil
market was quiet with demand slow and
the undertone barely steady: domestic spot,
89c: October. November, 86 @ 80c. Foreign
spot, 85c; futures, 85e; duty paid.
RAW SUGAR MARKET
By United Financial
NEW YORK, Sppt. 23.—Raw augrar
opened and closed steady; December, 3.lf>c;
March 3.ortc: May. $3.18c: June 3.18*?$
hi’y. 3.32 c bid.
HOG PRICE RISE
STILL CONTINUES
ON MARKET HERE
Quotations Advance From 10
to 15 Cents Higher to
$10.55 Top.
Hog Prices Day by Day
250-300 lbs. 200-225 lbs. 150-1801bs.
16 $9.0044 9.50 $9,604(1 9.75 $9.85 @ 9.90
18 9.25 'a 9.75 9.85i 10.50 10.104*10.15
11) 9,oo(ffi 9.50 9.000 0.75 9.85@ 9.90
!20 9.00@ 9.75 9.75® 9.90 0.90@ 9.95
21 9.904X10 00 10.00 @ 10.15 [email protected]
22 10.oord 10.25 10.15@ 10.30 10.25® 1035
23 10.15® 10.25 10.30® 10.35 [email protected]
The steady rise in hog prices which
has been the feature of the local stock
yards for the past two weeks con
tinued today, quotations advancing 10
to 15 cents for the day to a top of
$10.55. Receipts were' very good for
Monday at 6,500. The quotations on
heavies were close on the heels of
in-ices on lights, best heavies bringing
only 10 cents less than the top at
$10.45. Medium mixed swine were
quoted at [email protected], and pigs held
about steady with the best pigs still
bringing $10.25.
With heavier receipts at all of the
Western yards, cattle prices fell 15
rents to a quarter, best steers bring
ing to $11.25, and the heifer
to dropping to $9. Receipts were
i heavy at 1,200.
In the calf alleys, the market was
weak, with a top of $13.50, and the
j bulk of sales averaging sl2 to sl3. Re
| ceipts were heavy at 600.
Sheep and lamb figures ruled steady
! with 400 received. Good to choice ewes
j were bringing $3.50@5, and lambs sold
: from $12.50® 13.50, with a few at sl4.
—Hogs—
ICO to 200 lbs 910.35a 10.45
200 to 250 lbs 10 30 tel 0-35
i 250 to over 300 lbs 10.15 te 10.25
Top 10.45
i'its 10.00 di 10.25
Lipht packing sows 8.25 8.50
Heavy mixed packing B.oote 8.25
Stiffs 0.25 tel 0.75
—Cattle—
Few choice *tc*r* . . . 511.00<311.50
lYime corn-fed steerffT 1.000 to
1.300 lbs 10.00^11.00
Good to choioe steers, 1.000
to 1.300 lbs 0.25 te 0 75
I Good to choice eteers, 1.000
to 1.200 !Ih 8.250 26
Goody to choioe steers. 1,000
to 1,100 lb* 7.75te 8.25
Common to medium steer*.
80U to 1,000 lbs 5.75te 6.75
—Cows and Heifers—
Few choice heifer* 98.50te 0.25
Good to choioe heifers 7.25te 7.50
Medium heifers 6.50te 7.00
Common to medium heifers .. 5.50*$ 650
Good to choioe cows 6.50 te 7.00
Common to good cows 3<ote 5.50
Cutters 2.75 te 3.25
Conners 2.00te 2.50
—Bulls—
Fancy butcher bulls 95.00*2 5.75
Good to choice butcher bulls. 4.26*2 4.75
Bologna bulls 375 te 4.50
Light bologna bulls 3.25te 3.75
—Calve g
Choice veals 912.50(213 80
| Good veals 11 .On 1 2.00
Medium veals 10.00Q11.00
Lightweight veals 0.00te10.00
Heavyweight veals 8 OO te 0.00
Common heavies 5.00 te 6.50
Top 1300
—Stocker* and Feeders—
Good to choice tcers under
800 lbs 95.75te 7.00
Medium cows 3.25® 3.50
'Bucks 3.00
j Yearlings 6.25 te 8.00
'Springers
; Common lambs B.note 10.00
Culls 3.76 (a 0.00
OTHER LIVE STOCK
By United financial
CHICAGO, Srpt 23.—*Hofp—Receipts.
5.000; market. 10te 15c up: top. $10.>5.
bulk ;f Kill's, $7,75 4/10 50; heavyweight.
sotelo 2**; medium weight. 50.75(210 55;
1 lightweight. 710 10'./ 10 55 : light light*-.
i $0.754210 03; heavy packing sows.
8.75; packing sows rough. 57.26(28.10:
pigs. $8.75ft0.75 Cattlr—Receipts. 1.500:
market, steady: choioe and prime.
1105; medium and good.
'common, 50.15te7.80; good and choice,
90.23 tel 1.50: common and medium s*oit
0.23; butcher cattle and heifers.
cows. 94te8.50. bulls. s3.3ote 6.40: tanners,
cutters, cows and heifers. s3<u4 canner
; steers. $3.75te4 50. and alv*s sll <213.23:
feeder steers. $5.65 te 3.25: Stocker steers, $4
te7.40; Stocker coats and heifers, $3.50
te 5.50. Bhoet>—Receipts, 1,500; market,
steady: lambs. sl3 50 a 14.75; lambs, cull
and common. $9(213.25; yearling wethers,
$9.25 te 12 25; ewes. *3.75te 7.10; cull to
common ewes. s2(ft 3.75.
NEW YORK. Sept. 23.—Steers—Supply
fair; market on common, fLOU 12: market
on others. $17.50 a 18. selected choice $lO
<2 20; demand good, rows—Supply normal;
market demand fair. Bulls-
Supply light; market on common. $7tei7.26;
market on others. demand fair.
Kosher Beef Chucks and Plates—Supply nor
rnal; market 911421?; demand fair. Kosher
Hinds and Ribs —Supply normal: market
I SIB<S2O: demand fair. Veal—Supply light:
, market s7l te 23; hhavy sides, skin off sl2
I te!4; demand fair. Lambs—Supply light:
'market s3o<g3l : demand good. Mutton—
I Supply fair; market 9156(18: demand fair.
! Pork —Supply moderate, market
demand good.
i CINCINNATI. Sept. 23.—Cattle—Receipts.
| 350; market, steady; shippers. s7te9.
Calves—Market. steady: extras. sl3 te
13.50. Hogg—Receipts, 3.400; market, ae
i live, strong. 15c to 25c up: good to choice
packers. $10.50 Sheep— Receipts. 400:
; market, steady; extras. $4 te 6. Lambs—
Market, steady: fair to good. $14(®14.60.
EAST ST. LOTUS. Sept. 23.—Cat-tie-—Re
ceipts. 1.500; market. 15te25c higher than
Friday average. Hogs—Receipts. 4.000:
market, steady: heavy. $10tel0.00: medium,
$10.25 8 i 10.00: lights. $10.25® 10.65: light
lights. 910(<$ 10.80: packing sows sßteSdO;
j pigs. s2.&o(ftß: bulk. 90.254210. Sheep—
I Receipts. 1.000; market, steady ; ewes. $3
te 6. can n era and cutters, 50c4292.50;
wool lambs. 5144J14.50.
EAST BUFFALO. Sept. 23.—Cattle—Re
ceipts. 500; market slow’ and steady; ship
ping steers. 99 4210; butcher grades. s7 (d 0:
cow's, $2 426. Calves—Receipts. 175: mar
ket active, steady: culls to choice, s4.sote
10.50. Sheep and lambs—Receipts. 600;
market active, lambs 10c up: choice lambs.
9154215.85; culls to fair. 984214.50; year
lings, $7 4(11; sheep. 93® 8. Hogs—Re
ceipts. 1.600: market active. 25c up: york
cr.. 911; pigs. sil : mixed. $11; heavies.
$10.25 @10.75; roughs. $8428.25; stags. $5
j @5.50.
■ CLEVELAND. Sept. 23.—Hogs—Receipts.
13,000: market 5c nOfe* yorkers. $lO 80:
mixed, $10.80; medium. $lO 80; pigs.
$10.25; roughs. $7 50: stags. $4.50. Cattle —
Receipts. 7.000: market, slow; good to
choice bulls. $5.5042 6; good to choice
steers, sotelo.so; good to choioe heifers.
$742 8: good to choice cows. [email protected]:
fair to good cows. $2.50 te 4.50; common
cows. $2 423 Mi milkers. $35 42 75. Sheep
and lambs —Receipts, 300; market, steady:
top. sls. Calves—Receipts. 300: market
25c lower; top, $14.25.
KANSAS CITY. Sept. 23,—Hogs—Receipts.
1,500; market 15c up: hulk. $9.45 429.80;
heavies. S9(O 0.00: butchers. $9 60429.85:
lights. $0.50429.85: pigs. $8.65429.65. Cat
tle —Receipts. 2.000; market steady: prime
fed steers. $9.85 4211.00: plain to fair
dressed beef steers .$0.35 @9.25; western
steers, $5.754( ft.so: southern steers, $4 42
8.50: cows. $2.75@7; heifers. [email protected];
stockcrs and feeders, $2.25 @8.75; bulls,
$2.75 @4.50; calves. $5.5041111. Sheep—
Receipts. 1.000; market, steady: lamb*-.
$12.75 @ 14.35; yearlings. 910 @11.25:
wethers, $74(8; ewes. ss@7; stockera and
feeders. [email protected].
Who Could Ask for
More
PALACE
Formerly Loew's State
Six Acts High Class Vaudeville and
Super Photo-Play.
OPENS TODAY
IE W™H. BLOCK C~
Hart ochaffaar A Man OuxalMd Clothe* for Mob, Yoinf Men and Hoy., S to IS.
In Our Model Grocery
Quality — Service—Moderate Prices
Fresh Meats
FRESH HAMBURGER—
Made fresh In our Sun-lit
kitchen, | o
pound lOC
RIB PORK 00
CHOPS, pound £OC
BEEF ROAST, | o
pound ioC
SMOKED SHOULDERS
Mild sugar cured, i n
pound I.C
STANDARD VUT OLEO
MARGARINE—CoIored ready
to serve, 1-pound 0>
carton JJC
COCOA—OId Dutch tr
process, pound lOC
RAISINS Sun-Maid , seed
less, In bulk, ry-j
pound Lt C
;RAStmuT none "bang's
Men’s All-Wool SUITS
and OVERCOATS a
For Men and Young Men
S;
OVERCOATS —New, all-wool fabrics; plenty of contrasting hacks ( l ipi|'So —.
and raglan effects. Sale price $14.95 j ■ J3/
SUITS —Worsteds, cassimeres, blue serges, tweeds, plain and sports . Jzuz- l
models; regulars and stouts _ $14.95 V Ufflt \
Extra trouser* to match .* $4.00 Ifi^' ■*s..
$5 and $6 Men’s Trousers \
An Extra Pair to Match Your Coat and Vest )
Extraordinary Values in
Women’s and Misses’ Silk and Wool
D-R-E-S -S-E-S
\ rs 3O Different /t&
A TT Models at Jj)| §§
, J For Street, Business, School
I or Afternoon Wear Jgjj^
I*- Smart styles, excellent workmanship and materials and novel
A / trimmings are features that are rarely found In dresses at this ex-
I* / tremely low price.
i ; Mnforiole A Poiret twill, trlcotine, serge, fine jer*
j | ITlaieridiS n l c sey. Canton crepe.
i fnlnrc Ar# Black, navy, brown, henna, tan.
j j V/UlUl# nit Copeu and other seasonable shades.
/{r You’ll feel you’ve made the best SIO.OO investment possible if you
\7 select one of thepe smart dresses.
Smart New \\/• ■ f** _
ri || gT Tinpo Winter Codts
A Ctll vJ i 1 For Women and Misses
Sale h ® Mm Imb Up to $25.00 fP If £1
Price JL Quallt ‘” T !
To be able to buy a cozy, wanji winter
Though this unusual low price would coat right at the beginning of the season
seem to disprove it, the styles of these for $15.00 should be of interest to one
suits are the newest. Exact copies of gar- with a moderate purse. Many of these are
ments selling at $50.00 and $60.01, including full silk lined and Interlined. Some are
the long jackets and the new short side attractively embroidered,
drapes that have recently become the vogue.
Full Silk Lined Suits of Cut Bolivia Normandy
and • a t •>, i/ i Velour Polaire, Etc .
——Poiret Twill —Velour _ v J
T . .. r>. Every new shade and the always good
1 ricotine, Jbtc. staple colors.
HOSIERY FOR MEN!
MEN’S “AUTO BRAND’’ WORK
WOMEN’S PURE THREAD SILK HOSE—Good SHIRTS—Of chambrays, satcon and Stei
weiglit, fully reinforced, high spliced heels, sash- fel’s indigo bluo; fan, gray and black; col
ioned legs, lisle elastic garter tops; black, cordovan, iirs attached: coat and slipover style;
white, nude and sliver; some are first quality, others stees 14 to 17*.$ (limit two to a customer;
are slightly irregulars; sizes S% to 10; up to $1.50 no mail, phone or C. O. D.
qualities, special (3 pairs, $2.00), orders), speeial /5#C
x>lne denim and hickory stripe; overall*
CHILDREN'S STOCKINGS, fine rib, reinforced toes bib style and high hacks, strongly made;
and heels; black, white and cordovan; sizes 5 to 10; laes np to 50 (no phone, mail or C. O. I),
seconds of 25c quality; speci*l *r orders; limit two to a q/j
(6 pairs, 75c), pair (jC customer), each * oJfC
Domestics and Beddings
_ OUTING FLANNEL —Yard DRESS GINGHAMS
nrocii FS-V.rf wide wl<,e > /a"'? stripes on light Inches wide, splendid qssort-
p 'hAiise dresses colored grounds, good weight ment of plaids, checks, stripes
for aprons, house a Qr women . g and children's fall and plain colors, for children's
aud children s frocKs ng- wear (no phone orders); extra rompers, dresses. * n
nlvv 'ray and light "P 6^l ' 1C„ etc.; a* quality, yard 17c
it > ard I3C MOHAWK BLEACHED
grounds, *fic lr QUILT SIZE BATTS—Nat- SHEETING—2% yards (i
quality, yard Dra] C olor cotton; 30c 10 wide, yard 54C
quality, ro’.i lOC ROMPER CLOTH— 32 inches
WHITE OUTING FLANNEL LONOCLOTH Yard wide, wide, plain and stripe designs,
-27 inches wide, twilled weave, soft chamois finish, in sanitary fine wearing quality, washable
soft felted finish; 17 paper bags (no phone on colors;
22c quality, yard IIC orders).lo-yard bolt, y l.Oj yard IDC
BOURBON SANTOS COF
FEE—OId crop, fresh roast
ed (4 pounds, "57
.$1.00), pound LiC
CORN—Park & Tilford’s
fancy Maine, tiDy tender ker
nels (dozen cans, 01
$2.40), tan £IC
PEAS—Yankee Baby, extra
sifted, new pack (dozen
cans, $2 90), can LJC
CHERRlES—California Roy
al Ann, Sun-lit brand, No. 2%
can (dozen cans, or
$4.10), can ODC
SHRIMP—Park A Tilford's
brand, direct from the sound,
wet or dry pack, o 7
can LIC
LUX—A soap flake for all
fine launder
lng 8 packages, 3C
EVAPORATED MlLK—Bor
den's, with the cream left In,
1-pound tall on
can 3 cans, LjC
SALMON * — Shasta brand,
fancy pink Alaska fish, nt
15%-ounee can L*i C
HOLLAND HERRING—New
pack, all milkers, or
TUNA FISH Kenilworth
tuna in smoked oil, all white
meat, 7-ounce ql
can k/C
SWISS CHEESE Domestic,
fine large eyed, fQ/*
MACARONI OR SPAGHET
TI—GoIden Age brand, steri
lized, machine dried, S-ounee
carton — 07_
S tor. ..LlC
OLD DUTCH CLEANSER—
The original dirt n
chaser, can /C
—Fifth Floor.
11

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