The Indianapolis journal. [volume], November 21, 1902, Page 7, Image 7

About The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904

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THE INDIANAPOLIS JOURNAL, FRIDAY, NOVEMBER 21, 10O2.
SOME REASONS FOR APPOINTING
THE MARION TRUST COMPANY
N. E. Cor. Monument Place and Market St.
As EXECUTOR of and TRUSTEE under WILLS
or in any TRUST CAPACITY.
L It wai organized to transact such
business and to manage estates. The of
ficers and employes of its Trust Depart
ment are experienced In such matters.
t Its directors are leading business
men. who are active in the management
of Its affairs and the administration of its
estates.
MEYER & KLSER
306 to 314 Indiana Trust Building.
High-Grade Investments
Government, Corporation and Munic
ipal Bonds Bought and Sold.
INVESTORS would do U9 a favor by accord
ing us the privilege of submitting our descrip
tive lint of securities before purchases are made.
We are the owners and offer subject to sale
Union Traction of Indiana 5s
Indianapolis Street-Railway
City of Vincennes $
Clarksy'ille, Indiana
Greene County, Indiana Xs
Columbia National Bank Stock.
American Central Life Insurance Co. Stock.
Atlas Engine Works Preferred Stock.
Hew Long Distance Telephone Co. Stock.
Columbia national Bank.
Security Trust Co. Stock.
Uw Bulging Slock.
MtMdtRS IHDIAHAPOLIS STOCK
EXCHANGE.
High Grade Bonds.
$10,000 Indianapolis
Water Company Fives.
! highly recommend these Bonds as
an exceptionally safe and desirable in
vestment. Price on application.
Consumers' Gas Trust Stock
I will pay the very highest prices.
See me.
NEWTON TODD STSo5iUnd
Fletcher Bank Building.
Investors are invited to obtain our prices on
Local Securities. Not being members of the
Indianapolis Stock Exchange. we art enabled to
save our customers and friends all commission
charges on stocks and bonds, and are usually in
position to offer better prices to both buyers and
11 era than those quoted in the exchange list.
WE OFFER
5,ooo Indianapolis St. By. as.
5,000 New Telephone Co. ist as.
j.o o New Telephone Co. ad 5s.
5,000 Law Building Stock.
3,000 New Long Distance Tel. Stock.
WANTED:
$10,000 Capital National Bank Stock.
We have Installed the Western Union Ticker
service In our offices and are prepared to fur
nish Mew York Stock Exchange Quotations.
ARRICK & COMPANY, Lombard Bidg.
New Telephone 1583.
THE LIVESTOCK MARKETS
STEERS AMD OTHER FAT CATTLE IX
FAIR DEMAND AMD STEADY.
sei 1st Moderate Demand od Strom
to lllalier Sheep Steady Condi
tion of Markets Elsewhere.
UNION 8TOCKTARDS, INDIANAPOLIS, Not.
. Cattle Receipts. 1.300; shipments, 400. The
marketing of cattle continues of food volume, the
receipts thus far this week being about 2u0 larger
than the same time last week, but over 800
smaller than the corresponding time a year ago.
The receipts to-day were nearly twice as large
as a week ago and only a little smaller than a
year ago. There were not a great many good
kinds in the arrivals, and a large number of the
consignments were stockers, a good many of
them being calves. The market opened with the
demand about steady for the best fat steers,
and sales in that line were usually at steady
prices. There was also very little change in
the market for killers that sell from $1 to $4.50.
The demand for the better grade of feeders was
possibly more liberal, and the offerings were
salable at firm prices. Ordinary stockers, how
ever, moved slowly. The market for female
butcher cattle was again rather quiet, and in
not a few cases the cows were considered lower
than yesterday. It was generally conceded that
the present basis of prices was the lowest it has
been this year. Quotations:
Good to choice steers, 1.350 lbs and
upwards
Plain fat steers, Uio lbs and upwards!
t-ivHXl to choice l.iiuO to 1.30V lb steers..
P ain fat La to L3W lb steers
Good to choice 8oö to 1.1a lb steers....
Plain fat X to LIM ib steers..
Choice feeding steers, i.iMQ to l.lOu Iba!
Good feeding steers. 900 to 1,100 lbs....
Medium feeding steers. SOW to 900 lbs.!
15.25 6.00
4.75$ 5.25
.tt 5. uo
4.U04J 4.50
4.0049
a 4.00
- a 4.5o
3.754 4.2
i.5u
4.25
4.75
3.ft0
3.00
4.10
3.00
common to good stock ers
Good to choice heifers...
Fair to medium heifers..
Common light heifers....
Good to choice cows
Fair to medium cows
Cancers and cutters
Prime to fancy emrv ;rt bulls
1.0O 2.75
.750 4.25
Good to choice butcher bulls..
Common to fair bulls
Veal calves
Ttoavv nlvM
Good to choice cows and calves.!!.!..!
Common to medium cows and calves..
Representative Saies Steers
2v. OO4j3O.0Q
No. Av. Pr. No.
Av. Pr.
13 .
1 4.M
1135 4.50
15 1M1 $5.5o
It 1400
7 1144 :
U 1173 ft. 15
1 1240 5.00
3...
2...
21...
15...
1061 4 40
) Feeders,..
Heifers.
Av. Pr. No.
Av !
1
11 $4 M
17 4.25
: ; 4 : ,
! 1010 $3.75
J 7 3.75
K5 3.55
1 4 3.50
2 725 3.50
7
I...
27. . .
f...
782 4. 10
1033 4 10
Cows.
No Av
Pr. No.
Av Pr
0 MM
1 1450 34 .10
4 1277 2 30
J 1320 3.7
1 126 S.7S
3 1210 2.75
11Ä7 Stf
1.
s
6.
1.
.ld2
3"0
.1010
..lovo
, Ml
. .I(40
3.00
3.00
3.00
2.75
1
1 anner
Calves.
Pr. No.
No. At
A v pr
110 6.25
. 190 6.00
S 135 $7 .26
3 152 7.2ft
I 150 7 00
2 140 7 00
7 124 7 00
8 13 .75
Hogs- Receipts, 7.500:
combined r"-eipt of h
1
2
2
3
115 6.00
130 6.00
1:4 00
:
230 5.50
shipments. I.hou. The
gs for four days have
been fairly liberal, showing an increase of nearly
6.000 over the same time last week and a little
loss than 2,000 over the corresponding time a
rear ago The receipts to-day were aa large
aa a weak ago. but over l.OOu emalier than a
year ago The market opened Ith sll buyers
inclined to want their supplies at rather lower
rices than yesterday, and with salesmen asking
higher prices there were few transactions at
the start Later, however, quite a number of
bogs were changing hands st strong prices, with
MCMlnnal aal higher, and finally active com
petition developed between packers and shippers.
gad the closing market wa generally ir ported
6 higher than yesterday In Isolated cases a
w dealers believed they got Mo more for cer
tain kinds than they sold for at the low tlu.e
3.5U 3.50
-' ' ( .; i-
f.OUtt 7.25
4 '. MM!
1 It has the best possible opportunities
for making Investments for its Trust Es
tates in high class mortgages an 1 othr
securities.
4. It affords unbroken continuity and
promptness in the management of Estates
and is never unable to give these matters
proper attention, owing to absence, ill
health or death.
yesterlay. but at the close of trade practically
all dealers admitted that the market for the
da; was Strong to 5c higher than yeeterday. A
good clearance was made. The extreme range in
prices was from $6 to $6.45. and the bulk of
the supply sold it M.O506.SO. Quotations:
Good to choice medium to heavy S6.30dM.4S
Mixed and heavy packing 6.0ndj6.25
Good to choice light weights 6.0"h6 15
Common to fair light weights
Inferior to beet plga
Rough and stags
Representative Sales.
6. .fc5.se
I KM 6 '
I.S0i6.00
No. Av. Dk. Pr. No. Av. Dk. Pr
52 278 .. 36.46 7 161 .. 36.10
M 284 80 6.45 34 167 4G 6.1)
21 288 6.4ft C6 1M 10
N 238 SO 6.40 1 170 40 6.10
230 6 36 8ft 171 6 10
15 283 6.3ft M 180 80 6.10
Sheep Receipts. 600; shipments. 200. For the
week thus fsr the receipts of sheep and lamts
have been small, showing a decrease of nearly
1.V00 compared with the same time last week and
over 1,400 compared with the corresponding time
a year ago. The receipts to-day were small,
there being not quite a many as a week ago
end not half as maay as a year ago. There were
Just about enough to meet the requirements of
local butchers, and with a fair demand from
outside sources the market was reasonably aetlv
at steady to strong prices compared with those
current heretofore this week. The supply was
soon exhausted and the market closed steady at
quotations. Lambs sold as high as 6 and culls
to good kinds brought $2.504 85. There were
no sheep here good enough to bring over 33. 25,
and other sales ranged from $2.73 to 13. Quota
tions: Good to choir lambs 84 .5005 00
Common to medium Iambi 3 U0&4 25
Onod to choice sheep 3.0013. SO
Common to medium sheep 2.36492.75
Stockers and feeding sheep 8.0O4J
Bucks, per 160 lbs 2 002 M
Transections at the Interstate Yards.
INTERSTATE STOCKYARDS, INDIANAPO
LIS. Nov. 20. Cattle Receipts light; shipments
none. The market is getting weaker. Only
choice fat stock is quoted steady. The common
and medium kinds are considered 2"c lower than
at the opening of the week. No urgent Inquiry
Is shown from any source, but there is a fair
demand for good butcher stock. Calves are 25
50c lower, top kind going at $7. Quotations:
Good to choice steers, 1.3Ö0 lbs and
upward 15.50 6.00
Plain fat steers, 1.2o0 to 1,300 lbs ö.oo-j . 73
oooa to cnoice steers, sou to l.lo0 lbs
Plain fat steers, 9w to 1.100 lbs
Choice feeding cattle, 900 to 1.100 lbs.
Good feeding steers, 800 to 1.100 lbs..
Medium feeding steers. 800 to 900 lbs
Common to good stockers
4.7519) 5.25
4.2-V(f 4.75
4.75 tM
4.504$ 5.7ft
4 i i :-'
2.604J 4.50
4.000 4.75
3.2.VU 3.75
2. -'5 a 3.00
8.7j'u 4.;.o
Good to choke heifers..
Fslr to medium heifers
Common to lignt heifers
Good to choice cows
Fair to medium cows $.005 3.50
Canners end cutters LOO 1.75
Prime to fancy bulls 4.00'ä 4.25
QOod to choice butcher bulls t.Wft 3.75
Common to fair bulls 3.003) 3.25
Veal calvee 6.00 7.25
Good to choice cows and calves 80.004300.00
Common to medium cows and calves.. 20.0030.00
Hogs Receipts, 200; shipments none. The
market was considered a little stronger than yes
terday, prices ruling about 5c higher. The de
mand was strong, coming from local packers.
Choice heavies were quoted at 86.45, with top
light weights at 86.20. All offered sold promptly,
the market doting quiet and steady at quota
tions: Common to choice heavies 86.306.45
Common to choice mediums 6.10616.30
Common to choice light weights 6.0o$f.2Ö
Light and heavy mixe. 6.10ty.35
Light pigs and skips 4.006.00
Sheep Receipt none; shipments none. The
market is In fine shape. The demand is strong
for good stock, and prices are steady on au
grades at quotations:
Oood to choice lambs $4.46435.00
Common to medium lambs 8.604 85
Good to choice sheep 2.256x3.00
Common to medium sheep 2.25$j 3. 00
ätockers and feeding sheep 2.00M3 00
Bucks, per 100 lbs 2.0OQ2 50
Elsewhere.
KANSAS CITY. Nov. 20. Cattle Receipts.
7.000 natives and 2.300 Texans; calves. 250 Tex. ins
and $00 natives. Best corn cattle lvc higher;
others weak; common stockers and feeders slow
and dull; good wanted at strong prices; cows
dull and lower. Choice export and dressed beef
steers, $6.8036.50: fair to good, $3.S55.75, stock
ers, 82.4004.85; Western fed steers, $2.75 5. 70;
Texas and Indian steers, $8.50Q4.3u. Texas cows,
$1.50tj3; native cows, 8l.60Q4.2S; native heifers.
$2.504; canners, $102.25; bulls, $2.10493.10; calves,
$23.
Hogs Receipts, 18,000. Market 6c to 10c lower.
Top, $4.824; bulk of sales, $6.2U.0. Heavy,
$f,2?6.324; mixed packers, $6.l5fct.32; light,
$$.1006.27; Yorkers. UtW.V; pigs. $5.750
S.17H-
Sheep Receipts, 3,000. Market active and
steady. Native lambs, $3.60415.20; Western lambs,
E. 15; fed ewes. $3.1-3.70. native Wethers.
Wtarn wethers, 3 3 SO; atockers and
ers, $k8503.25.
CHICAOO, Nov. 20. Cattle Receipts. 12.000. In
cluding 500 Westerns. Market dull and lower.
Oood to prime steers, $6. 76 $.80: poor to medium,
$806.80; stockers and feeders, $204.40; cows, $1.40
04.60; heifers, $205; canners, $1.4002.40; bulls.
$2'y4.50; calves. $3.5007; Texas fed steers, $304;
Western steers, $3 50&5.
Hogs Receipts, to-day, 40,000; to-morrow. 25.000,
estlmatei.; left over. 6.000. Market steady to 6c
higher and closed easy. Mixed and butchers,
$5.850. 40; good to choice heavy. $$.3606 874;
rough heavy. $606.30; light, $606.3$. Bulk of
sales, $6.1506.30.
Sheep Receipts, 22.000. Sheep and lambs
steady. Oood to choice wethers. $2.5004; fair to
choice mixed, $2.5O03.M; Western sheep, $2.750
3.80; native lambs, $8 5005.25; Western lambs,
83 7504.76.
Official yesterday: Receipts Cattle, 23.575;
hogs, 42.30$; sheep. 25.268. Shipments Cattle,
4.540; hogs, 2.88; sheep, 1.515.
NEW YORK. Nov. 20 Beeves Receipts. 58,
fjtrtlv consigned direct; no sales reported.
ressed beef steady; city dressed native sides,
8c to 114c per lb; Texas beef, 607c. Cables
quoted American steers at 12c to 14c. dresned
weight; refrigerator beef at 114c to 12c per lb.
Calves Receipts. 22. Veals quiet and steady;
grassers slow and steady; Westerns dull; two
cars of Western calves unsold. Veals sold at
$5.50 to $9 per 100 lbs; grassers at $2.50; a car
of Westerns at $3.50. City dressed veals, 10c to
13c.
Sheep and lambs Receipts. 2.898. Sheep quiet
and steady: lambs in light supply and lOc to 30c
higher; about four cars of stock unsold, mainly
heep. .neep som ni m per iuu ids;
Iambs at $6.40 to $8.81 Pressed mutton, 5c to
64c per ,l; dressed lambs. 74c to 4c.
Hogs Receipts. 4.$$$. Market firm. State hogs
sold at $6.80.
SOUTH OMAHA. Nor. 20. Cattle Receipts,
4 000. Market steady. Native steers, $405 2". ;
cows and heifers. 83Sj 4 ; Western steers. $.:
Texas steers. $3 .254.50; range cows and heifers,
$2 5C-if3 $5; canners. $1.5002.50; stockers and feed
ers. $2."Hr4.:".; calves. $3.5003.25; bulls, stags,
etc.. $1.7503.50.
Hogs Receipts. ,500. Market steady to strong.
Heavv. $C.250.24: mixed. $.2740.324, light.
$$.35414 40; pigs. $5.506.10; bulk of sales, $6.250
6 S"1
Pheep Receipts. 11 Market steady. Year
lings. $3 6003.80; wethers. 33G3.60; ewes. $2.
3 40; common stockers. $1.5003.25, lambs. $3.750
i v
ST. LOCIF. Nov. 20 "attle-Kecelpts. 4.000,
Including 3.000 Texans. Matket slow and steadv.
Native shipping and export steers. $4 4106 40;
drensed beef and butchers" steers. $4435.40: steers
under 1.000 lbs. $3.4005; Storkers and feeders,
$2 8004.35; cows and heifers. $2.2504.75, canners.
$1 5002.50; bulls. 82.S4$j calves. $4.25457; Texas
and Indian steers. f2.Sofli.g5; cows and heifers.
Hogs-Recelpts. 5.OO0. Market steady to strong
an.l E higher. Pigs. 8$.1O0.2O; packers. 6.160
6 3o; butchers. $6.20i
gheep-Receipts. 1.500. Market quiet. Native
muttons. $3 40030; lambs. $405.6v; culls and
bucks. $204; sto Kers. inu.
EAST Bl'FFALO. Nov. . Cattle Receipts.
75. Market quiet.
Veals Receipts. o Market strong and 25c
higher. Tops. $8,2508.75; common to good, $5.50
u S
Hogs Receipts. 4.S0A Market fairly active and
steady Heavy. $4.4548.55; mixed. $4.4004.46;
Yorkers .in-! pigs. K ' 35. roughs. $5.80$;
stags $S4t5-50.
Sheep and Lambs-Receipts. 4.2O0 Sheep Arm;
lambs 15c to Vc hlgh.r Tp Limb, f :un:, r,;
culls to good. $4V25; yearllnas. $24004; ewes.
$3 2503 40. Sheep Top mixed. $3.1503.25; culls to
good. $1 75473.10.
LOI'ISVILLE. Nov. 20 -Cattle steady Choice
to prime shipping steers. $4.205.50; medium to
god shiovinit steers. 84.75J.2..; choice butcher
steers. $4.2804.40; medium to good butchers'. $3 75
U choice . als $5 4I6 25
Hogs lower. avy. $6.10; light shipping,
04.10. roughs. $.. J' i'7..
Sheep an.l I.ain- H-M sheep, $2.7503; extra
lambs. $4. 5004.75. butchers'. $4.5o.
EAST 1.1HKRTY. Nov. 20 battle Receipts. IS.
Hogs Receipts. 4.900. All grades selling from
$6 S to f, 4'
Sheep-Receipts. 500. Sheep selling from $3 75
down: lambs selling from 840 down. Market
steady on sheep; 15c higher on lambs.
CINCINNATI, Nov. 20.-Hogs active at $4.40
49 80.
Cattle easy at 2rVS5.
Sheep dull at $1 5j3.25. Lambs steady at $3 M
4fs..
An American schooner, which will be
registered in the Philippines, was sold at
Rockland. Me., yesterday. She Is a three
master and Is ready for launching.
UNION TRACTION BONDS
THREE. SOLD OX 'CHANGE YESTER
DAY AT Ö 1-2 AXD THREE AT PAR.
Traction Securities Sow Conslderetl
Good Investment and Probably
Will Advance.
MR. MCULXOCH'S PREDICTION
GROSS EARMGS WILL FALL LITTLE
BELOW HIS ESTIMATE.
Terminal Prospect and Growth of
Trolley Line Systems Influenc
ing t.ie Market.
Stock Exchange members expect activity
in Union Traction lines within the next few
weeks. Yesterday $6.000 in Union Traction
bonds were sold on 'Change, three being at
and three at par. While much of the
common and preferred stock is In the mar
ket, it ruled no higher here than it has for
some time. Common was bid at 50 and
offered at 57. Preferred wis bid at 91, with
no offer, showing that it is regarded as
gilt-edged. Reports from Philadelphia,
where the Indianapolis traction stocks are
always In activity, showed 52 bid and GO
asked for common. A local broker has
said that he would offer some at 55 here.
Other brokers regard Union Traction A3
likely to bulge at any time. The reasons
for this are the terminal developments that
are anticipated within the next thirty days
here, and the reported earnings of the first
nine months of this year, together with
confidence in th development of the sys
tem generally. There is no expectation of
a common stock dividend, but the earn
ings shown in the first nine months of the
year unquestionably will make it a market
able line at prices ruling constantly higher.
The Union Traction Company has $4.000.
000 of common stock and 11,000.000 of pre
ferred 5 per cent, cucumlative stock. Its
mortgage debt is $5,000.000. of which $753,000
Is underlying bonds of the Anderson, Mun
cle and Marion systems taken over by it.
The company ias acquired all of the stock
of the Indianapolis Northern (23,500,000), and
has underwritten the bonds of that com
pany amounting to $3,500.000. The Indian
apolis Northern Is now In process of con
struction. Basis for confidence in Union Traction
securities is found In the company's capa
bility to show large earning. These have
grown tremenedously In the past two year.
The earnings for the years 1900 and 1901. as
shown by the following table, disclose this
fully:
1901. 1900.
Gross earnings $752.520 $447.616
Operating expenses 422.675 247,046
$329,845 $200,571
Fixed charges and sinking
fund 260,065 177.94
$69.780 $22.625
Out of the $69,780 In 1901, $21,175 was paid
on ths guaranteed dividends on preferred
atock.
When President MoCulloch said, some
time agro, that he expected the gross earn
ings for 1908 to reach a million dollars, he
was not far wrong, as shown by the state
ment of the company for the first nine
months of the year. Taking this tatement
as a basis, and estimating 60 per cent, as
tha cost of operation for the year (and the
accepted average per cent, is not that
great), the approximate showing of the
company for the entire year will be:
Gros earnings, nine months $708.740
Estimated gross earning for 1902 93S.316
Estimated operating expenses 562.99
Deducting from the difference between the
operating expenses and the gross earnings
$375.327 the fixed charges and guaranteed
dividends $2C7.240 leaves $68,087 as the net
earnings for the year. While there is no
expectancy that any of this would be ap
plied to a dividend as the development of
the road requires constant expense for bet
terments, it does indicate that the develop
ment of the business is reaching great
magnitude.
Other inspiring features of the Union
Traction Company ar its relation to the
Indianapolis property and the terminal
company. The construction of the North
ern Is adding the second great arm to the
system that Is now the dominant one in
Indiana. The flnacial Interests behind each
are the same, and speculators look to the
future as one full of promise. Nor is the
speculation as to the far-off future, but it
is expected that the announcements of the
terminal company will strengthen the
Union fecurtties. Behind all is the faith
that It will not be long before the Union
Traction Company will take over a num
ber of the largest lnterurbane. and with
the terminal company and the Indianap
olis lines merged Into one gigantic corpora
tion, will doubtless be the greatest inter
urban system In the world.
The Stock Exchange was active vester
day. Fifteen shares of Capital National
brought 155. and twenty of Marlon Trust
225H. There was a bid of 500 for Consum
ers' Gas Trust, with no offer. The sales of
the day as reported are:
No. Price
15 Capital National Rank gg
30 Marion Trust Company , !.22ö
IC Marion Trust Company ..ISi
lo Indianapolis Fire Ins. Co !!! 142
3 New Telephone first fives (bonds)...!!.!!. 95
1 New Telephone first fives (bonds) Ü! 94
8 Union Traction fives (bonds) !100
3 Union Traction fives (bonds) !.! wix
10 Security Trust Company !!lo8
Following are the quotations furnished by the
local Exchange:
STOCKS.
Name.
American Nat. Rank
Amer. Cen. Life Ins. Co..
Atlas Eng. Works pref. ..
Reit Railroad common....
Reit Railroad pref
Capital .National Rank....
vntral Trust Company...
Cll. Cof. ft Bak. PoW. CO.
Columbia Nat. Hank
Consumers' Gas Trust Co.
Fed. Union Surety Co
Home Brewing Co
Indiana Hotel Co. pref...
Indiana Mfg. Co
Indiana National Rank....
Indiana T. O. ft L. Co....
Indiana Trust Co
In.lpls. Gas Co
Indpls. Light ft Pow. Co.
Indpls. St. Ry
Indpls. Fire Ins. Co
Laycock Mfg. Co. pref....
Law Building
Marlon Trust Co
Merchants' Nat. Rank
New Telephone
New Telephone, long dis..
People's Deposit Rank....
J. T. Polk Co. pref
Rauh Fertiliser pref
Security Trust Co
Union Trust Co
Vnlon Traction common..
Union Traction pref
Wasson pref
IPar.lCapital.lBid.
Ask.
fi.ooo.oooiij
138
92
wm
107
m"
m"
uttjft
iöi"
208
100 i
,,..
50
100 1
MM
100!
100
200.00M as
1.000.OO0'lO7
1. ooo.ono 10$
500. 000 i 135
$8,0u-. v,;,
300, 000
100,000
300.000
soo.es
."xiO
loo
100
240.000 88
200.000 200
SOO.OuO 85
1.5"O,0O 9S
1. -i:,o.noo
1
l.o"O.000i:.2
2,000. oou! go
HS(
100
100
230
85
100
50
1".
liOO.OOO.l.V)
100! S.uoO.ooO! 84
1 4
lOoj
100
100 1
100
MS
200.000' hi
144
l-i.l
175.000 s3
ISO.)' 85
Sno..0'224
l.OT.
400.0001 80
l.oos.ooo $0
25.UOQ 108
T..onft 100
Of r . -.-600,
00 108
fioft.fti-fl 225
l.OOO.f); 91
150.000 104
6S
84
64
l-
MO
100
100
p,
1.
1104
67""
loot
108
100
NTH
!!' NIM '
Name.
"Par. jcapltal. Bld. Ask.
Broad Ripple fives
Citizens' St. Ry. fives
Del ft Mad Co Telep. s
11 me H. and L. Co. Ks.
Indpls. Gas Co. six
Ir.dpls. Improvement s..
Indpls st Ry. fours
New Telephone first 5s
New Telephone second 5s
Union Trac. of Ind. 5s..
1.. 00
$40o.000! 87 I gj
4.000. OhO'lOSi MM
.VM.000 $4
154.000 100
1754,000 102
!ioo 102
S.ooo.oool KM s
?0o.ono 'm
300.000 SJ R")
5.000.000 lOOVi
1.0O0!
1 iVhi
ll.ono!
il.OOOi
11.000'
11.000
1.000
:i.'.
L44J8
And lnterert.
PR IV ATK WIRE ADVICES.
Maahattan the Feature of the Day.
Making a Substantial ialn.
Meftg ft Klser's Telegram.
NEW YORK, Nov. 20 Manhattan was
again the feature of the mnrket. with an
advance at one time close to 155. The big
dealings and the tremendous advance In
the stock during the last few days was
accounted for thi9 afternoon by the an
nouncement that the Interborough Com
pany had leased Manhattan on a basis of
allowing it its own earnings for two years
and guaranteeing it 7 per cent, thereafter.
The stock, however, sold off several ioints
towards the end of the session. Hrooklyn
Kapid Transit and Metropolitan worked In
harmonv with the course of Manhattan,
though within narrower limits than their
leader, but their quotations at the close
were very little changed from those of yea-
terday. The general market at the begin
ning, in pite of lower prices from Lon
don, made some advances, but later lost
part of them and remained dull, while the
speculation was directed towards Manhat
tan and the other traction stocks. Towards
the close of the afternoon there was a gen
erally strong tone all through the list.
Strong features were Amalgamated Copper,
which rose 3 points: Sugar, which advanced
on further increase in, the price of the
company's products, and the general list of
Industrials. Among the railways. New York
Central was .a strong feature, with a gain
of about 3 points, this advance being caused
by the announcement that the company
will refund a large amount of its bonds
on a lower interest-bearing basis. The coal
stocks, notably Reading, were very strong
and made fair gains. Money rates were
somewhat lower for call, but the position of
time money did not change.
Mnoh Dealinfg In Specialties.
Granger Farwell A Co.'s Telegram.)
NEW YORK. Nov. 30 The market was
again one of specialties. Manhattan was
the center on the floor, on reports which
have been sent out by news agencies to
day that It will be leased to the under
ground railway under a 7 per cent, guaran
tee. Reading was strong on buying for
both accounts. Southern Pacific was helped
as much as possible by the pool. Missouri
Pacific was bid up easily in the day and
considerable stock unloaded. There was a
good deal of evening up in the general i
market and the close was only fractionally
changed from yesterday. The room traders
seem to be willing to buy stocks on a quick
break for a turn. Time money is a tritle
easier and foreign exchange is strong.
SOLD THE MARKET DOWN
LOGS VXLOADED WHEAT, CAUSING
A BREAK IX PRICES.
Corn and Oats Also Close at Frartlonal
Declines 'fiog Products Followed
the Lead of Grains.
CHICAGO, Nov. 1 20. Heavy realizing by
longs was the feature to trading In wheat
to-day and the close was at a lower level,
December being down &V4c, corn c lower
and oats c lower. January provisions
closed from 5ö7ftc Jo 10c lower.
Covering by shorts carried December
wheat up to within He of May soon after
the opening, but on the realizing by longs
the market declined again. It was estimat
ed that the leading long who has been
buying May for some time past unloaded
anywhere between 5,000,000 and 7,000.000
bushels during the day, which was the
chief factor in the sudden drop in prices.
Commission houses also sold freely. The
Southwest was credited with large pur
chases, St. Louis taking a large part of the
offerings, although local traders also took
advantage of the opportunity to cover short
lines. Higher cables and nmall receipts
were bull factors at the start. December
opened a shade to If lc higher at 76c to
77c, and after selling up to 77c, a few
minutes afterward there was a decline to
7&Sc and the latter part of the session
prices held about steady, the close being
HttVfec lower at 75c. Clearances of wheat
and flour were equal to 662,000 bu. Primary
reeclpts were 1.253,000 bu. compared with
1,107.000 a year ago. Minneapolis and Du
luth reported receipts of i0S cars, which,
with local receipt of M cars, 13 of con
tract grade, made a total of 1,001 cars,
against 1,086 last week and a year ago.
Corn ruled active and irregular with still
further covering by shorts. Improved
weather conditions caused considerable re
alising, resulting in a sudden decline early
In the day, but buying was extremely good
at the lower level and a firm feeling pre
vailed. The strong cash situation was a
supporting factor. The late weakness in
wheat caused some selling and the close
was steady at the lower figures. December
opened He to t higher at 59c to 59c, de
clined to 57c, advanced again to 59c, but
closed c lower at &8c. Receipts were 167
cars, five of contract grade.
There was a renewal of activity In oats
and prices had a range of He an innova
tion of some note in this pit. The strength
in other grains was an early bull influence,
although commission houses were good buy
ers throughout the day. The close WSul
steady, with December He lower at 30Hc,
after selling between SOHc and 30H30c.
Receipts were 102 car.
There was a fair trade in provisions and
after a firm opening there was a decline on
realizing by longs and under the influence
of the break in grains. January pork
closed 10c lower at $15.60, lard was 10c
lower at $9.20 and ribs 5&7Hc lower at $8.05'S
8.07H-
Estimated receipt for to-morrow: Wheat,
70 cars; corn, 115; oats, 105; hogs, 29,000
head.
Leading futures ranged as follows:
Articles. Opsn- High- Low- Clos-
Wheal Ins. t. est. ing.
Dec.... 76 -774 774 75S 7.M-,
May.... 77&i-77vs 77T4 73Ts 75V78
Corn
Nov 48 59', 8$ 68
Dec RSVS9 - :: &g
May.... 43V43 V 43i 9
Oats
Dec 301, 3094-3084 30j so4
May.... 814,-31 '2 314 3l-314
Tork
Jan $15.70 I1S.72H H$.8TH fl.'SO
May.... 14 ,22 14.72', 14.60 14.80
Lard
Nov.... lO.Oo 10.90 10.S7H 10574
Dec 9.95 .5 9.80 9.80
Jan.... 9.3) 9 35 9.174 $4$
May.... 8.674 8 70 8.60 8.624
Ribs
Jan.... 8.124 MO $.$$ 8.074
May.... 7.90 7..K) 7.77 4 7.80
Cash quotations were as follows: Flour steady.
Wheat No. 2 spring. 74c; No. 3, 74fc7c; No. 2
red, 75Mi774c. Corn- No. 2. 574115Sc: No. X ysl
low. 57405:. Oats No. 2. 2S4ii2R4c: No. 3
whit". 30fj3:i4e. No. 2 rye. GOHc. Barley Oood
feeding, 3$1i .; fair to choice. 445Sc. Flaxseed
No. 1. $11: No. 1 Northwestern. $1 23. Prime
timothy seed, $3.0". (Mover Contract grade.
$10.75. Mess Mt, per brl. $16.874917. Lard, per
100 lbs. $11 024011 10. Short rib sides (loose).
$9.60499.75. Dry-salted p1vuM.th (hoxed), $f.374j
9.',0 Short rl.ar sli (boxed), $9. 75ft 10. Whisky
Hasis of high wines. $1.32.
Receipts Flour, 19.100 brls; wheat. 109.300 bu;
corn. 184.900 bu: oats. 233.500 bu; rye. .12. 400 bu;
barley, 75.o bu. Shipments Flour. 10,800 brls:
wheat, 110,700 bu; corn. 10$, 500 bu; oats, 170,500
bu; rye, 33.700 bu; barley. 22.100 bu.
-
AT ran YORK.
Flour Trade Checked by the Wheat
Break General List Quiet.
NEW YORK, Nov. 20 Flour Receipts.
28.836 brls; exports. 9.362 brls. Quiter. trade
being checked by the wheat break. Corn
meal easy; yellow. Western. $1.25; city, $1.25.
Wheat-Receipts. 8,350 bu; exports, 51.
251 bu. Spot easy; No. 2 red. 78Tsc elevator.
77Tc f. o. b. afloat; No. 1 northern Duluth,
JUSc f. o. b. afloat; No. 1 hard Manitoba,
84c f. o. b. afloat. Although opening high
er on foreign buying, wheat developed sub
sequent weakness on reports that the lead
ing Chicago bull house had unloaded four
millions of May wheat. Prices lust over &
cent a bushel and closed at the lowest, or
v14c under the previous night; May,
7n i:;-K';M4c. closed at VJc; December,
closed at soe
Corn Receipts. 69.300 bu; exports, 198 bu.
Spot steady; No. 2. 654c elevator, 054c
f. o. b. atloat; No. 2 yellow, v ; N.j. 2 white.
fee. Options had an active trade all day
and were generally well sustained in spite
of the whett decline, being upheld by lirm
cables and predictions of showers. May
closed unchanged and near positions 4 l4c
net low r. January closed at i."o; May, 484
4!c. closed at HC; December. 61V&tlc,
closed at c
Oats Receipts, 39.000 bu; exports, 55 bu.
Spot firm: No. -'. UMfil No. 3, 35c; standard
white, 3TH&S7c; No. 2 white. 37 41 374c;
No. 3 white, 36Vrt42c. Options barely steady
and quiet all day December closed at
363-4C.
Beef quiet; family. $15.50 18; mess. JlOfT
10 50; beef hams. $20.5Ka22. packet. $14tlt.
l.anl ..tsv; Western steamed. $1 1.40'j 11.50.
Retlned easy.
Tallow steady; city, 64c; country. 64
fc'Ie.
CtdTee Spot Rio teady; No. 7 Invoice
Bc Mild quiet; Cordova. 7i4fil2c.
Sugar Raw firm: fair refining. 3 5-16c;
centrifugal. W teat, 3 13-lc; molasses sugar
3 l-16c. Refined Arm; No. 6. 4.25c: No 7
4.20c; No. 8. 4.15c; No. 9. 4.10c; No. 10, 4 0Sc:
No. 11. 4c; No. 12. 3.95c; No. 13. 3.90c- No'
14. 3.86c; confectioners' A. 4.50c; mold A
4.90c; cut loaf, 6.26c: crushed. 5.25c- pow
dered. 4.75c; granulated. 4.66c; cubes. 4.9oc.
TRADE IX GENERAL
(BOtattoua at St. Load, Baltimore,
Cincinnati and Other Places.
BT. UOCI. Nov. 20- Klour dull and steady:
red winter patents. f3.3-p: extra fancy and
straight. $36125; clear. $2.8o4J.n. Timothy s4
tdy at $X-S04fS.8. Corn mal steady at 82 n.
Bran steady, sacked, east track, $4T7üc. Wheat
lower; No. 2 red. cash, elevator. Slc asked;
im k 45704c; I cmbr, tSStatt'tc: htay. 7JV.
No. 2 hard. 74170c. Corn higher. No. 2, cah.
47c; track. 4H$49c. Dumber. 47c; May. 7c.
oats higher; No. 2. cash. 31c; track. 8ieS2c: De
ctmber. 3oSfr5uc: Mar. SOSe: No. 2 whit. 34c.
Rye steady at 484c Pork unchanged, iobbln.
standard mess. 817 20. Lard lower at 810 Dry
salt meats steadr; boxed, eitra shorts, $1".".;
clar ribs. $lu.75; short clears. $11.124. Bacon
steady: boxed, extra shorts. $12 124: clear ribs.
$12.374; short clear. $11374,. Bay steady to
strong, timothy. $1A43'13."0; prairie. $841111 50.
Whisky steady at $1.82. Iron cotton ties. $1.074.
Uaggin. 6 .i-16dTl-Me. Hemp twine. 9c. Re
ceipts Flour. G."00 brls; wheat. iJt4M bu; com.
62.000 bu; oats. 70.OO bu. Shipments Flour. 1.
060 brls; wheat. 104.000 bu: corn. 41,000 bu; oats.
4S.O0O bu.
BALTIMORE. Nov. 20. Flour rtrm and higher;
winter extra. $2.9593.18; winter clear. $3.1'tJ3.4S;
winter stralchl. $8.454110; winter patent. $3.804
4. spring clear. 2.25433.45; spring straight. $3 70
4J8.SO; aprinir j.it.i.t i - -i 4 JS. Wheat unsettled
ana eai. r. sjd and November. i.u.-V'- l"
eember. 774fi774c; January. 78c; May. 79 V:
steamer No. 2 red. 74fi74Uc Snuthprn bv sample, i
6777c; Southern on grade. 74"ö77c. Corn eaater;
spot. new. 65c; new or old, November. $4c; year.
ö44c asked; January. S4Cr524c: February. 514
fi.-'lc; steamer mixed. 5Sfc .".Sr . Southern white
corn, new. 565c. Southern vellow corn. new.
MftSc 0ts firmer; No. 2 white. WuMV, No.
2 mixed. 33Ui34c Rye firm: No
No. 2 Western. 57458e. Sugar Arm and un
changed; fine and coarse granulated. 4.414.
LOUISVILLK. Nov. 20.-Wheat-No 2 red and
longberry. 72c; No. 3 red and longberry. 71c.
Apples Sun-dried, 4$T44c per lb for bright.
Peaches. 2j24c. Beans Northern hand-picked.
I2.M per bu. Hay-Choice, in car lots, on tra('k.
$14.50; clovsr. $PR11. Straw. $4.50. Clean gin
seng. $44.1". Potatoes. $l.3591.50 per brl;
Northern potatoes. 'fiC' c per bu. Onions. 2
2 2i per brl. New cabbage. C0c per brl. Top
)'r, $l.5y per brl. Green beans, 11.50 per box.
Tomatoes. $1.'.02 per bu.
KANSAS CITY. Nov. 20. Wheat December,
fi'c; May, $$4Hc; No. 2 hard. cash. 6TVi
68-ic; No. 3. ft4496& ; No. 2 red. 67c; No. 3. 66c.
Corn November, 44c; December. 434'&43:V;
May. 374c; No. 2 mixed, cash. 454946c; No. 2
white. 45c: No. 3. 424c Oats No. 2 white. IV.
Receipts Wheat, 44.000 bu ; corn. 36.000 bu; oats.
bu. Shipments Wheat, 82.400 bu; corn,
40.800 bu, oats. 8.000 bu.
ToLEDO. Nov. 20. Wheat active and lower,
cash. 79c; Decembar. 80c; May. 80c. Corn dull
and steady; December. 46c; May. 43v4c Oats
dull and higher; December. 32 ; May. 33c Ry
No. 2, 814c Cl'v. r .i dull and steady; No
vember. $6.90; January. $6.974 bid; March, $6.924
Prime timothy. $1.774. Prime alslke. $8.70.
LIVERPOOL Nov. 20. Wheat Siot firm; No.
2 red Western winter, 5S 9d; No. 1 northern
spring. 6s 7d; No. 1 California. 6 64d. Corn
Spot quiet: American mixed. 5 6d. Hacon Cum
berland cut. 54s: cl-ar bellies aulet at 67s. Lard
American refined, In palls, strong at 61s 6d.
CINCINNATI. Nov. 20 Flour firm. Wheat
firm; No. 2 red. 7TViB78c. Corn firm; No. 3
mixed. 48c. Oats strong and higher; No. 2 mixed.
?3tr33!2c. Rye steady; No. 2. 52c. Lard quist at
810.80. Pulk meats cany at 810.50. Kacon easy at
$12.25. Whisky active at $1.32. Sugar steady.
DULUTB. Nov. 20. -Wheat-Cash, No. 1 hard.
7$c; No. 2 northern. 724c; to arrive. No. 1 north
ern, 74c; November. 74tc; December, 724i-; May,
744c; macaroni, No. L 69c. Oats December, on
track and to arrive, 20c; May, 314c
MINNEAPOLIS. Nov. 20. -Wheat December.
7272c; May. 74c; on track. No. 1 hard, 75c;
No. 1 northern, 74c; No. 2 northern, 724c.
MILWAUKEE. Nov. 20. Barley firm; No. 2.
63Vg; samples 5S8Cc.
Batter, ("litest and Eric.
NEW YORK. Nov. 20. Butter Receipts. S.SOl
packafes. The market was steady. State dairy,
fOOlsc: extra creamery, 2Sc; creamery, common
tc cholc. 2043 iWfce. Cheese Receipts. ,S60 pack
ages. The market was ttrm. New 8tate full
cream, fancy small colored, old, 1213c; new,
124c; small white, old, I2jl3c; new. 124c;
large colored, old. 13c; new, 124c; large white,
uld, 13c; new, 124c. Eggs-Receipts. 8,34 pack
ages. The market was firm. State and Penn
sylvania average best, 29'&2S4c; Western fancy
candled, 26(327; V estern poor to prime. ji3c;
refrigerated, 18$21c.
PHILADELPHIA, Nov. 20 Butter firm and In
good demand; extra Western creamery, 284c:
extra near-by prints, 30c. Eggs Arm and in good
demand, fresh near-by, 29c. loss ofT; fresh Wt
ern. 28c. loss off; fresh Pouthwestern. 24S27c.
loss oft; fresh Southern, 25c. loss off. Cheese
firm but quiet: New York full creams, prime
small. 134c; New York full creams, fair to good
small. laVtfl.'lr; New York full creams, prime
large. 13c: New York full creams, fair to good
large. 124012C.
BALTIMORE. Nov. 20 Butter firm and un
changed; fancy Imitation, 21' 23c; fancy cream
ery. 28! 284c; fancy ladle, 206 22c; fancy roll. 19
lj..'2v; good roll. LfelSc; store packed. 16&lRc.
Kggs firm and unchanged; fresh. 27M28c. Cheese
unchanged; large 124134c; medium, 13Cil3c;
small, 134?13c.
CHICAGO. Nov. 20. On the Produce Exchange
to-day the butter market was firm; creamery. 18
9t?; dairy, 182$c. Eggs firm at 23c, loss oft,
cases returned. Cheese steady at llfoL'e.
KANSAS CITY. Nov. 20. Eggs firm; fresh
Kansas and Missouri stock. 20c. loss off, cases
returned; No. 2, whitewood cases Included, 204c
ST. LOUIS. Nov. 20. Butter steady; creamery,
200274c; dairy HOB Eggs higher at 21c,
loss oft.
LOUISVILLE, Nov. 20. Butter Common and
medium, 15 17c per lb; good, U20c. Eggs. 20c.
CINCINNATI, Nov. 20. Eggs steady at 21
23c. Butter firm. Cheese steady; Ohio flat, 12c.
BOSTON, Nov. 20. Special. Eggs firm at 28c.
oils.
SAVANNAH, Nov. 20 Turpentine steady at
614c. Rosin firm; A. B. C. D, $1.374: E, $1 424;
F. $1.474; G. $1.574; H4 $1.90; L $2.0T,; K. $2.50;
M. $3; N, $3.50, window glass. $3.75; water white,
$415.
OIL CITY, Nov. 20. Credit balances. $1; cer
tificates, no rales. Shipments. 79,886 brls; aver
age, 1)3, 383 brls; runs, lV4.lt 2 brls; average. 78,888
brl.
WILMINGTON. Nov. 20. Spirits turpentine
steady at 5üVic. Rosin fl'-m at $1.25(1.30. Crude
turpentine firm at $1.75 to $3. Tar firm at $1.50.
MONTPELIER. Nov. 20 Crude petroleum
strong; North Lima, $1.01; South Lima and In
diana, 96c.
CHARLESTON, Nov. 20. Turpentine and rosin
unchanged.
Ponltry.
LOUISVILLE. Nov. 20-Hens, 748c per lb;
spring chickens. 74llc: young ducks. tr$4c;
young guineas. 84Jivc; old turkeys. 74fc; young
turkeys, 9c per Ib; geese, $6 per dox.
NCW YORK. Nov. 20 Poultry Live steady;
chickens. 11c: turkeys. 13c; fowls. 114c. Dressed
firm; Western chickens. 14c, Western fowls, 12
13c; spring turkeys, 15c.
ST. LOUIS. Nov. 20 Poultry steady; chick
ens. 8c; springs, sc; turkeys, 104c; ducks, 114o ;
geese. 7c.
CINCINNATI, Nov. 20. Poultry firm; hens.
94c; springs, S41K ; turkeys, 9c.
CHICAGO, Nov. 20. Iced poultry firm; tur
keys, U13c; chickens, $llc.
BOSTON. Nov. 20. Special. Poultry firm;
fowls and springs, 13c; turkeys, 14c.
Dry Goods.
NEW YORK. Nov. 20 -The eatura of the
market has been an auction saf; of about 8.000
pieces of plain and fancy silks. Black peau de
role and blacl. taffetas sold fairly well, but other
kinds wmt off low. There has been no change
in the market here in cotton goods. The demand
was quiet and prices were unaltered. Print
cloths were steady at 3c for regulars; 384, 515
yard goods dull at 4c. The regular market tor
miks I;: nrm.
Cottoa.
NEW ORLEANS. Nov. 20. Cotton firm. Sales.
10.000 bales. Ordinary, 6 9-16c; good ordinary.
7 l-lc; lew middling. 7c; good. 74c; good mid
dling. 8 5-16c; middling fair, 9c. Receipts, 13,249
bales; stock, 341,800 bales.
NEW YORK, SfCV. 20. Cotton Spot closed
quiet and 10 points higher; middling uplands,
8.70c; middling gulf. S.7;c. Sales, 100 bales.
Wool.
ST. LOUIS. Nov. 20. Wool better; medium
grades and combing. 16fil94c; light fine, 15jlbc;
heavy fine, 11&15C; tub washed, 1720c.
Btetal.
ST. LOUIS, Nov. 20 Metals easy; lead steady
at $4: spelter dull at $5.
THERE ARE OTHERS.
She Why does he always wear such a
greasy coat?
He-Wants people to think ho owns an
automobile.
CENTER OP THE STAGE
MASH ATTA o l IM KD IT TO K 1. 1 -SlOX
OF MICH elm:.
Good tialn Made) on Very Heavy Deal
Ins Mixed t hanxei la General List
Money Market Outlook
NEW YORK. Nov. 20. Except for a few
Irregular and comparatively unimportant
moves to-day's stock market was very lik.
that of the prcretling days of this week in
the sense that attention was focus. 1 r
largely on one issue Manhattan. The in
creased strength of that stock added to the
fast growing belief that important events
dealing with the local transportation sys
tem are impending. Just what form these
probable events will take is still a matter
of guess work. Manhattan sold up to 1544
and made a net gain of 3V points on vtry
heavy transactions. The remainder of the
list, irregular for the greater part of the
day, made some Improvement in the Baal
hour and the close was easy, though below
the best.
Considerable trength was shown by the
Gould stocks as a group at various times,
and there were spasmodic rallies elsewhere.
The early strength of Sugar was reported
to be due largely to short covering and the
further gains in the new Rock Island is
sues resulted from what appeared to be in
side buying. Fractional losses were r -corded
in the early dealings by all the coal
stocks, as well as by the more active In
dustrials, while the international group
went below London's quotations, though
hardening somewhat later. The early re
action was followed by substantial recov
eries in St. Paul, Iowa Central, Minneapo
lis Sc St. Louis, Louisville & Nashville, Illi
nois Central and Texas & Pacific, while
Missouri Pacific was conspicuously strong.
So obviously professional were operations
at this time, however, that another reac
tion set in, with material declines in some
of the issues named, L. A N. breaking-
sharply. Union Pacific and Southern Pa
cific were then inclined to heaviness and
Manhattan gagged in the absence of con
firmatory news. Metropolitan and Brook
lyn Transit sold off to the previous day s
figures, but there was nothing like a gen
eral selling movement, the bear element
showing some timidity. The further ad
vance of Manhattan in the afternoon stim
ulated the rest of the list, and '-good" buy
ing of Amalgamated Copper was reported.
The demand for stock came chiefly from
the shorts and was confined largely to
Copper, Sugar, Reading, New York Central
and Manhattan. Advices from London re
ported a very bearish feeling there and
sales for that account amounted to about
30,000 shares, with little buying in return.
Amsterdam and other European financial
centers also sold this market moderately.
Time money conditions, while no mora
acute than they have been receatly, con
tinue to excite some apprehension. The
demand to-day was moderate, but lender
were still holding off for a stiff rate. Call
money was easy and again in light request.
There was practically no Chang In the
foreign exchange situation. A small trans
fer to New Orleans was made by the local
banks to the subtreasury. As compared
with last week the banks have lost only a
nominal sum to the subtreasury.
The bond market was much quieter and
fluctuations were slight either way. Total
sales at par value were $1,865,000. United
States bonds wer all unchanged on the
last call.
Following are the day's share sales and
the recorded price changes:
Htgh- Low- Closing
RAILROADS 8als. est. eot. Bid.
Atchison 23.200 8 8-' 4 83
Atchison pref 3,100 W 7 98
Baltimore A Ohio 17.800 W 98 98
Baltimore & Ohio pref s3
Canadian Pacific $.200 129 127 128
Canada Southern 200 $0 $0 $0
Chesapeake & Ohio 1.800 4$ 44 4$
Chicago & Alton 1,100 33 32 32
Chicago & Alton pref 400 70 70 70
Chicago, Ind. A Louis 78
Chicago, Ind. L. pref 91
Chicago at Eastern 111 24)4
Chicago Great Western... 2,500 20 25 20
Chicago G. W. A pref
Chicago G. W. B pref 200 40 89 3$
Chicago St Northwestern.. 400 224 228 222
Chicago Terminal AT.... 100 17 17 IT
Chicago T. St T. pref 200 33 32 33
C, C. C. A St. Louis 900 96 94 9ä
Colorado Southern 1,700 2 2 38
Colorado 8. 1st pref 70
Colorado S. 2d pref 2,000 44 42 43
Delaware A Hudson 900 158 17 IS
Delaware. L. St w 236
Denver A Rio Grande 2.000 39 39 39
Denver A R. G. pref 200 89 89 89
Erie 12.800 34 11 tf
Erie 1st pref 1,300 64 64 63
Erie 3d pref 809 4 45 46
Great Northern pref 100 188 183 183
Hocking Valley l.WO Mi Kg 90
Hocking Valley pref 400 PI 89 90
Illlnola Central 3,600 142 142 143
Iowa Central 900 39 28 39
Iowa Central pref 66
Kansae Pity Southern 1.900 31 29 30
K. C. Southern pref 2,900 8$ $3 54
Lake Erie A Western :,2
Lake Erie A W. pref 120
Louisville A Nashville.... 8.90 194 182 133
Manhattan L. 122.700 154 147 1(2
Metropolitan St.-ry 23,700 142 14 1 s
Mexican Central 1.100 23 28 23
Mexican National 300 16 16 16
Minneapolis & St. Louis.. 600 ing 10 in$
Missouri Paclse 79.100 108 107 107
Missouri, K A T 1.600 26 25 25
Missouri. K. A T. pref.... 900 57 57
New Jersey Central 100 165 165 165
New York Central 22.100 152 150 152
Norfolk A Western 9.600 70 89 69
Norfolk A Western pref to
Ontario A Western 3.800 29 29 29
Pennsylvania 22.100 156 1U 1$S
Reading 44.400 5fc M 57
Reading 1st pref 900 M 8S 96
Reading 2d pref 1.000 73 72 73
Rock Island 21.500 44 44 44
Rock Island pref 2,000 76 76 76
8t. L. A S. F V 73 72 72
St. L. A S. F 1st pref.. 400 81 81 81
St. L. A 8. F. 2d pref 700 71 70 69
St. Iiouls Southwestern... 200 27 27 27
St. Louis S. W. pref 706 4 2 62
St. Paul $2.800 171 172 171
St Paul pref 200 190 190 189
Routhern Pacific 2V4O0 63 62 63
Southern Railway 14.1O0 32 Sl 32
Southern Railway pref 7oo 92 92 92
Texas A PaclAc 14.900 43 41 42
Tolerlo. 5t. Iuis AW 100 29 29 29
Toledo. St. L. A W. pref. 300 46 46 46
T'nlon Pacific 2$.8on pi 99 10014
T'nlon Pacific pref 2.80 90 914 o
Wabash 2.100 80 0 Sov,
Wabash pref 2.200 44 48 44
Wheeling A Ike Krie.... 200 25 B 24
Wheel ins- A L E 2d pref 300 3S ss 3-,
Wisconsin Central 00 24 24 24
Wisconsin Central pref . . $00 4 4$ 48
EXPRESS COMPANIES.
i f A TT m mi . 'O
American 228
United States 128
Wells-Fargo 200
MIBCELLANEOCJJ
Amalgamated Copper .... M.900 5 rr $7
American Car A Foundry. 600 34 $4 24
Am. Car A Foundry pref. 700 89 88 89
American Linseed Oll i7v-.
Am. Linseed Oil pref 4
American Locomotive 500 27 27 27
Am. Ixjcomotlve pref 100 90 90 90
Am. Smelting A Refining. 2.3s) 44 43 43
Am. Smelt. A Refln pref. 200 93 ?i.4 $24
Anaconda Mining Co 1 400 91 87 92
Brooklyn Rapll Transit.. 39.100 64 61 43
Colorado Fuel A Iron 200 84 2 82
Consolidated Gas 1,800 213 211 212
Continental Tobacco pref n:
Ot-neral Electric 20 19 17 17
Hocking Coal W0 if 19 19
Intern.vlonal Paper 100 18 1 g
International Paper pref.. 100 72 72 71
International Power R7
Laclede Gas 90
National Biscuit 44
National Lead 500 25 25 24
N. rth American 117
Pacific Coast 1.100 71 9 70
People's Gas 2.1O0 101 10014
Pressed Steel Car 200 $8 57 5
Pressed Steel Car pref 90
Pullman Palace Car 223
Republic Steel 400 19 19 19
Republic Steel pref 200 75 7 75
Sugar 13.900 120 118 H94
T nnessee Coal A Iron 3.700 57 5
Cnion Bag A Paper Co 124
T'nlon Bsg A P. Co. pref. 200 79 77 77
t'nlted States Leather 700 iv4j ij 12
t. S leather pref 401 a 9fiu
T'nlted States Rubber 500 17 16 1
T". S. Rubber nref 400 54 52 Si
T'nlted Stales Steel $.00 97 36
T S. Steel pref $.700 94 93 934
Western t'nlon $00 89 g$ fi
Total sales 76,000
BONDS.
T'nlted States refunding twos. reg....
T'nlted State refunding; twos. coup...
T'nlted Htaten three, rag
T'nlted State thre-s. coup
I Uliru riir ....a., ........ .
T'nlted Ptatee new four, coup
I t it- I Ptetn .M fours, res;
t'nlted States old fours, coup
I nlted States fives, reg
Tnltd State flve. coup
Atchison general f -ur
Atchison adjustment f ur....
it HI more A Ohio fours
Baltimore A Ohio three-and-a-halfa. .
Baltimore A Ohio conr. four
Canada Southern seconds
Central of OeorsMa fives .
Central of Ge rla first Ifv
Chesapeake A Ohio four-and-a-halfs
S5NJN .Midland Portlaad Lesest
Company
5 Per Cent, ao-Year Gold Bond
Capital Stock ff, 000,000
ORLANDO M PACKARD. President.
FRED W SPA' KF res and Trees.
V. O FOt'LKR. Secretary.
We offer for sale $10.00) These bonds
are in denominations ..f f r l $1 . ch.
w offer them. subj. t to prior sale, t
par and accrued Interest.
Wtth a 25 Per Cent. Stock Boms
These bonds will show Investors large
profits.
ft aVftf Trust Compnr. In4M4Ms4lflllaj
Trustee for Bondholders.
Full information will be furnished pa
application
GRANGER FARWELL CO.
BANKERS AND BROKERS.
r$ La Ball Pi Mctgo, 71 Broadway.
New Tork.
Members New r an1 Chicago Stock
Exchange.
ALBERT R. TH0MP90N, Mgr.
Sahara Building. Indianapolis, lad.
PNne Old 24122. 'Phone New V
On Time Deposits
we pay 3 per cent interest, sod
compound it semi-annually, or al
low the depositor to withdraw It
in cash.
Individual saving of $1.0) and
over received.
The Central Trust Company
1 50-MR Hast Market Street.
w j -; i-ii:f
J 65, 000 Delaware and Madison Counties Ttl-
ephone Co. Bonds H
10,000 1st New Telephone Bonds. 96 and int.
iOO shares Mew lelephone Stock.
SO shares New Long Distance Telephone
Stock.
HARRY B. GATES H CO.,
Investments, Stocks, Bonds,
I LETCHER BANK BVILDIMO.
New Telephone No. S.
XV. w. IA1
h l wähl, it xaaa
W. W. Dark A Co.
Fre Insurance
Rents
Real tstatt
Loans
147 E. Market
Room 6 Thorpe Hlock
Tel. New ttU
IAFU DEPOSITS.
8. A. FLETCHER 8c CO.'S
vS.-ifo Depuailt V:v.lt,
30 East Washlagtos Street.
Absolute safetj against Are and burglar. Po
liceman day and night on guard. Designed (or
safe keeping of Money. Bonds. Wills Ieaas. Ab
stracts. Stiver Plate. Jewels. and VAluable
Trunks. Packages, etc Contains $.100 boxes.
Beat f3 to fas Per Year.
JOH . TARKIFIGTOIV - - Msaafsr.
U. S. Scale Co.
TEURE HAUTE, IN0. (Estsblishes I87S)
Manufacturers of sll kinds of large Scales.
ANTI-FRICTION BKARINUS. preventing
wear upon the pivots. A great Improvement
over any others. The MOST DURABLJb
Wagon and Track Scales made. Send for
circulars, references and prices before buy
ing. Real Estate nti1 i.uma
Or.ce. 321 a 322 Lmcke Uldg. New Phone $SsL
PHYSICIANS.
DR. C. I. FLETCHER.
RESIDENCE 102$ North Pannsylvanla
Or r ICE TU South Mt riatan street.
orhce Hours 9 to 10 a. bv. 8 to 4 p. m.. 7 I
6
m. Telephone nesioenca. sew, en; quo, asm
rows.
Chicago A Alton three-and-a-halfs 794
Chicago. Burlington a Wulnc new fours sö
Chi., Mil. a St. Paul general fours 113
Chlcagu A Northwestern consol sevens 1S4
Chicago. Rock Island a Pan fours MM
C . C, C. a St. L. general fours 101V
Chicago Terminal fours $7
Colorado a Southern fours 11
Consolidated Totacoo fours $4
Denver a Klo ltar.de fours H$
Erie prior lien fours ,. ?
Erie general fours 84V
Fort Worth A Denver City first Ill
Hocking Valley four-and-a-halfs MS
Eoaievllle a NaahvlUe unin.-d fours MS
Mexican Central fours M
Meilean Central first Inc K
Minneapolis a St. Louis fours Ms
Missouri. Kanena a Texas fours 8SS
Missouri. Kansas A Texas seconds SO
New York Central firsts MfH
New Tork Central gen. three-and-a-half 104
New Jersey Central general flree 1$H
Northern Pacific focrs Ml
Northers Pacific threes 71
1
;;;;;::::::ia
ao I fives ..Vat
Norfolk a Western consol fours.
Readlna general fours
Kt I ...nia a Iron Mountain ens.
St. Loul a San Francisco rours see
St. Eouis Southwestern ttrsu 9JM
St Louis Southwestern seconds 8Vfc
San Antonio a Aransas Pass fours H
Southern Pacific fours $
Southern Railway fives 119
Texas a Pacific firsts lfj
Toledo, St Louis a Western fours II
I nlon Pacific fours 104
I'nl.m Vac t fie ionv. fours a9
Wabash firsts I
Wabash seconds
Wabash debenture B m
l Bkitr. fnun 11H
. . vwv ' " - - .
u'tiiinr A Lake Krie fours $H
Wiarnnain Central fours Ml
Chicago Stork.
Oranger Farwell A Co.'s Telegram.
STOCKS
est. est Irg.
10 9Vfc 10
M Mi, IA
10 9 10
eeee SS 146
eeee
eeee eeee 10S
t'nlted Box Board pret..
Amnion Can
19
Amrian 'an pref 42
Diamond Match UQ
National Biscuit 44H
National Biscuit pref 108
MOKTHY.
Rates nn Loans and l.irhange lear-
Ings asd Balaaees.
INDIANAPOLIS.-Commerclal papar. 401
per cent.; time loans. 59 P cent. Clear-
InRB. $2.096.301; balances, I396.74S.27.
NKW YORK.-Call money tearljr st 3t?4
per cent.; closing bid and asked. KM pot
cent. Prime mercantile paper. S4$m par
rent Sterling exchange firm; actual busi
ness In bankers' bllle. 47fc4S7.1 for de
mand. 43 504? 483.C& for 60 days; posted rates,
$4.K4Vr4 nd commercial bills,
$4.82.754... Clearings, Utt.Ma.01I. bal
ai, .-s. $10.142.m.
CHICAOO New York exchange par.
Sterling exchange. 484H for 0 days, m for
demand. Clearings, $29.218.701; balancsa,
$1.647.912.
l. 'STON.-CkarlnKM, 23,Ä.(W; balances,
fl.94S.359.
PHILADELPHIA. Money, f per cent.
Clearirgs. il8.Stt.T73; balances. S2.27s.Ms.
ST. LOl 'IS. Money steady at MM sseT
cent. New York exchange, lie
Clearir gs. S8.857.3tt; balances, 171
Tt a I .Tl MORE Money. ner cent. Claagw
lngs. S3.588.336. balances. S476.814. J
1 NCI NN ATI. Money. 5f6 per ce?nt. New 1
York exchange, 30c j- mlum. Ctoarlnfa
$3.635.9.
Money Rates AbroaA.
LONDON -Money. discounts,
ST-MOtti and 3Wi34. Consols, tt 1S-1
92 15-16. Spanish fours. 83.
PARIS.-Thrre per cent, rentes. SSf 27V5
for the account. Exchange on Londoa, Ssf
12c for checks. Spanish fours, M.fO.
BERLIN Exchange on London. MM
45pf lor check Discount rates: Short
bills, 2lz per cent.; three months' bills, 9.
Markets for silver.
m:w TORK. Ear silver, 4$; Mexican
dollars. S9c.
LONDON. -Bar sUver dull at 33d an
ounce.
Trrstsrjr 9tstraeat.
WASIIINOVoN ThurseUy's stttsmenl
of the treasury balancas in tha general
fund, exclusive of the $10.000.000 fO4t fS
ssrv In the division of radejmption. shows :
Available cash balance SSOAttAstt
Oold lTLSlwOiS
4