Indiana daily times. [volume], January 20, 1920, Home Edition, Page 10, Image 10

About Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922

Image provided by: Indiana State Library

                
10
STOCKS DROP
TO LOW LEVEL
Opening Is Irregular With
Many Issues on Decline
NEW YORK, Jan. 20.—Th© stock mar
ket was weak at the opening today,
bosses ranged from fractions to over
4 points.
Steel common sold off % to 105,
Crucible 1 point to 202, while fractional
declines were suffered in Baldwin and
Republic Bteel. '
The motor shares were under pres
sure, General Motors dropping *%>
.‘IOO, Keystone Tire 2 points to 32%,
Pierce Arrow 1 point to 68 and 1 Stude
baker to 102%.
Mexican Petroleum, after opening 1%
higher, at 195, dropped to 193. Texas
Company fell % to 202, while fractional
losses were suffered in Sinclair and
Royal Dutch.
Dealings In other Issues were practi
cally at a standstill.
NEW YORK LIBERTY BONDB.
NEW YORK, Jan. 19—Liberty bond
quotations: First 3%r, 98.90; firs* 4s,
92.28; second 4s, 90.78; first 4%5, 9..90,
second 4%5, 91.20; third 4%5, 93.30 j
fourth 4 Vis, 91.18; Victory 3%5, 98.5.,
Victory 4%5, 98 50.
- NEW YORK METALS.
NEW YORK, Jan. 19.—Copper—Qniet;
spot, January and February offered at
19.50 c; March, 19%c. Lead—Firm; spot,
January and February, B%@9c. Spelter
_-Steady; spot and January, 9.20@9.30c;
February, March and April, 9.22@9.32%c.
MOTOR SECURITIES.
(By Thomson & McKinnon.)
—Jan. 19 —
—Opening—
v * Bid. Ask
Briscoe „ \...i 70 72
Chalmers com 3 5
Packard com 27 27%
Packard pfd 96 97
Chevrolet 350 550
peerless 44 48
Continental Motors com .... 13% 14
Continental Motors pfd 100 102
Hupp com 15% 16
Hupp pfd ; 99 102
Reo Motor Car 2614 27
Elgin Motors 7% 8
Grant Motors 10% 10%
Ford of Canada 430 435
Hendee Mfg 44 48
T'niterl Motors 55 70
National Motors 24'4 25*4
Federal Truck 70 72
Paige Motors 44 45
Republic Truck 91!4 93
ACTIVE OIL STOCKS.
(By Thomson & McKinnon.) \
Opening
Bid. Ask.
Anglo-American Oil 28% 29%
Atlantic Refining 1500 1575
Borne-Scrymser 440 460
Buckeye Pipe Line.. 97 90
Chesebrongh Mfg. Cons 265 280
Continental Oil, Colorado... 540 570
Cosden Oil and Gas 9 9%
Crescent Pipe Line 35 38
Cumberland Pipe Line 120 140
Elk Basin Pete 8% -8%
Eureka Pipe Line , 130 ~ 153
Galena-Signal Oil pfd 108 113
Galena-Signal Oil com 90 93
Illinois Pipe Line 172 170
Indiana Pipe Line 99 101
Merritt Oil 19% 19%
Midwest Oil 1% 2
Midwest Refining 162 164
National 'Transit 35 36
New York Transit i 173 177
Northern Pipe Line 102 106
Ohio Oil 350 335
Penn.-Mex 70 75
Prairie Oil and Gas 640 660
l Prairie Pipe Line......' 265 270
'Sapulpa Refining 6% 6%
Solar Refining 370 390
Southern Pipe Line 163 168
South Penn Oil 335 .340
Southwest Penn Pipe 1,1 nes 99 101
Standard Oil Cos. of Cal 322 328
Standard Oil Cos. of 1nd.... 735 755
Standard Oil Cos. of Kas.... 600 690
Standard Oil Cos. of Ky 460 +BO
Standard Oil Cos. of Neb 520 540
Standard Oil Cos. of N. J.. 7AS 773
Standard OH Cos. of N. Y... 4+5 +SO
standard Oil Cos. of Ohio.. 535 555
Swan & Finch 95 lift
Union Tank Line 125 130
Vacuum Oil 42** 430
Washington Oil 33 45
WHOLESALE PRODUCE.
The following prices are paid for
poultry by local dealers:
Eggs—Fresh, 60c doz.
Poultry—Fowls, 30c; springs, 30c;
cocks, 18c; old tom turkeys, 35c; young
tom turkeys, 12 lbs and up, 40c ; young
tom turkeys, 2 lbs and up. 40c; young
hen turkeys, 8 lbs and up, 40c; cull thin
turkeys not ni;ted; ducks, 4 lbs up,
27c; ducks, under 4 lbs 23e; gee.-e, 10
lbs up, 22c; guineas, 2-lb size, per doz,
$10; squabs, 11 lbs to doz, $6; capons,
7 lbs up, 38c.
Butter—Clean packing stock, 40c 1b;
fresh creamery butter In prints is selling
at wholesale at 63c; in tubs, 62c.
Butter Fat—lndianapolis buyers are
paying 63c lb.
Cheese (wholesale selling prices)—
Brick, 37c lb; New York cream, 38c;
Wisconsin full cream, 36c; Longhorns,
37c; limburger, 38c.
LOCAL HIDE MARKET,
Green Hides—No. 1,25 c; No. 2,24 c.
Green Calves—No. 1. 55c; No 2, 53%e.
Horsehides—No. 1, $11.50; No. 2, $10.50.
Cured Hides—No. 1. 30c: No. 2. 29c.
\— - -
Weather in Other Cities
The following table shows the state of
the weather In other cities at 7 a. m.:
Bar. Temp. Weath.
Atlanta, Ga 30.20 56 Rain
Amarillo. Tex 29.66 44 Cloudy
Bismarck, N. D.... 30.34 —lO Clear
Boston, Mas* 30.50 6 Clear
Chicago. 11l 29.90 16 Snow
Cincinnati, 0 30.02 28 Cloudy
Cleveland. 0 30.18 12 Cloudy
Denver, Colo 29.92 28 Snow
Dodge City, Kas... 29.80 40 Cloudy
Helena, Mont 30.32 —2 Clear
Jacksonville, Fla... 30.32 54 Clear
Kansas City, M 0... 29.76 \3B Cloudy
Louisville, 29.98 j 34 Cloudy
Little Rock. Ark... 29.88 62 Cloudy
Los Angeles, Cal... 30.02 56 Cloudy
Mobile. Ala 30.16 60 Cloudy
New Orleans. La... 30.14 60 Clear
New York, N. Y... 30.46 14 PtCldy
Norfolk, Va 30.40 34 Cloudy
Oklahoma City 29.70 78 Cloudy
Omaha, Neb 29.94 20 Cloudy
Philadelphia, Pa... 30.52 60 Cloudy
Pittsburg. Pa 30 24 16 Cloudy
Portland, Ore 30.26 32 Clear
Rapid City, S. D... 30.26 1 0 Clear
Roseburg, Ore 30.20 32 Clear
San Antonio. Tex.. 29.94 60 Cloudy
San Francisco, Cal. 29.96 52 Clear
St. Louis, Mo 29.80 34 Cloudy
St. Paul. Minn..... 29.92 12 Snow
Tampa, Fla 30.30 54 (Hear
Washington, D. C.. 30.48 20 Cloudy
Observation taken at 7 a. m., Jan. 20.
1920, by United Star.es weather bureaus.
WEATHER.
The storm center over Illinois has
moved rapidly into the Atlantic, and
that in the northern rookies has ad
vanced to the middle plains section;
while the northern high pressure fleid
has pushed over to Now England, and
another has appeared in the far north
west. Asa result of these rapid move
ments in parts of the Ohio and middle
Mississippi valleys the mercury fell dur
ing last night and rose again by this
morning, and the readings are generaJly
considcrably hlgh.fr from the Ohio and
middle Mississippi, rivers southward, but
lower from the middle plains sections 1
northwestward. Zero temperatures con- !
tinne in Canada and In North Dakota j
and Montana, while the readings south
of the fortieth parallel are near or above I
normal. Precipitation has occurred in
most of the northern states east, of
Idaho, but amounts generally have been
light.
At 7 p. m. Monday snow covered most
of the middle and upper Mississippi and i
Ohio valleys and takes region and North
Dakota and Montana, the depths rang
ing from five to thirteen inches in the
northern part of that area, but decreas
ing rapidly south of Minnesota, Wis
consin and Michigan.
J. 11. ARMINGTON...
Meteorologist.
COMPLETE and ACCURATE MARKET REPORTS
| Local Stock Exchange |
stocks.
Bid. Ask.
Ind. Ry. & Light com 55 60
Ind. Ry. & Light pfd 00 96
Indpls. & Northwest, pfd to
Ind pis. & Southeast, pfd... i. ... <•>
Indpls. St. Ry 55 ,
T. H.,.T. & Light pfd 79
T. H., I. & E. com 2 5
T. H., I. & E. pfd % •••
U. T. of Ind. com 2
U. T. of Ind. Ist pfd 4% '
U. T. of Ind. 2d pfd
Advance-Rumely Cos. com... 40
Advnnce-Uumely pfd 70 ...
Am. Central Life 285
Am. Creosoting Cos. pfd 97 •••
Belt Railroad com 115 1—
Belt Railroad pfd 53% ...
Century Bldg. Cos. pfd 99 ...
Cities Service com
Cities Service pfd
Citizens Gas 36
Citizens Gas, prior to 1917.. 36% ...
Dodge Mfg. Cos. pfd 98% ...
Home Brewing 50
Indiana Hotel com 75
Indiana Hotel pfd........... 99
Ind. National Life 4% ...
Ind. Title Guaranty 64 72
Indiana Pipe'Llne 98 . • •
Indpls. Abattoir pfd 49 53
Indpls. Gas 53 56
Indpls. Tel. Cos. com 4 8
Indpls. Tel. Cos. pfd * 73% ...
Law Building 93
Lemcke Realty Cos. pfd 95 ...
Mer. Pub. Util. Cos. pfd 46 54
National Motor Cos f . 24% 23
Natl. Underwrit. Cos
Public Savings 2%
Raub Fertilizer pfd 50
Stand. Oil of Indiana 725 .
Sterling Fire Insurance .... 8% 9%
Stutz Motor Cos
Van Camp Hdw. pfd........ 99 ...
Van Camp Pack, pfd 101
Van Camp Prod. Ist pfd 100
Van Camp Prod. 2d pfd.... 100 ...
Vandalia Coal com 5
Vandalia Coal pfd 11% 14%
Wabash Railway com 7% ...
Wabash Ry. pfd 20
BONDS.
Broad Ripple 5s 55
Citizens Street Railways ss. 82 87
Ind. Coke & Gas Cb. 6s 96 99
Ind. Creek Coal & Min. bs... 98
Tnd. Northern 55....
Ind. Union Trac. 5s
Indpls., Col. & South. 55.... 88
Indpls. & Greenfield 5s 97
Indpls. & Martinsville 55.... 58
Indpls. & North. 5s 44% 48%
Indpls. & Northwestern 55.. 55 66
Indpls. & Southeast 5 40 49
Indpls., Shelby. & S. E. 55.. 64 ...
Ind. St. Ry. 4s 61 63
indpls. Trac. & Ter. 5s 63
Kokomo, M. & M. 5s 84 85%
T. H., I. & E. 3s
Union Trac. of Ind. 6s 63 70
Citizens Gus 5s 84 87
Indiana Hotel 2d 6s. 99 101
Indpls. Gas 5s 80 85
Ind. Li. & H. 5s 81 85
Indpls. Water 5s 93 96
Indpls. Water 4%s 74 79
Merchants H. & L. ref. 55... 90 94
New Tel. Ist 6s 93
New Tel. 2d 5s 98
New Tel. Long Dlst. 5s 91
South. Ind. Power 6s 94% 98%
BANKS AND TRUST COMPANIES.
Aetna Trust 101
Rankers Trust 115
City Trust 80
Commercial 'National *2 81
Continental National 111% ...
Farmers Trust 390 ...
Fidelity Trust 11l
Fletcher American National. 257
Fletcher Sav. & Trust Cos 166
Indiana National 275 285
Indiana Trust 204 214
Live Stock Exchange 382
Merchants National 261
National City 114% 120
People's State 170 ...
Security Trust ...113 ... •
State Savings & Trust 66 97%
Union Trust Cos 365 385
Wash. Rank & Trust 130
LIBERTY BONDS.
Liberty 3%s 98.90 99.10
Liberty first 4s 92.18
Liberty second 4s 90.74 ...
Liberty first 4%s 92.80 93.00
Liberty second 4%s 91.14 91.26
Liberty third 4%s 93.20 93.40
Liberty fourth 4%s 91.20 91.30
Victory 3% 98.50 98.70
Victory 4%s 98.50 98.70
SALES.
20 shares Merch. Pub. Util. Cos. pfd. 52
10 shares National Motor 24%
5 shares State Sav. and Trust 95
Local Bank Clearings
Monday $3,261,000
Same day last year 2,247,009
Increase over last year $1,014,000
RETAIL COAL PRICES.
Price* on coal delivered at euro. Extra
charge lor service when additional labor
is required: 1
Indiana Linton, No. 4. lump $ 6.75
Indiana, No. 5. lui tp #.73
Indiana egg and uur 6.75
Indiana mine run 0.00
Indiana nut and slack 5.50
Brazil block 8.00
West Virginia splint lump 8.50
; Kentucky eastern lump 8.50
Pocahontas shoveled xump . 10.00
Pocahontas mine run yjsy
Pocahontas nut and slack 8.00
By-product coke, ail size* 11.23
Anthracite, all sizes
Blossburg, Smithing 10.00
West Virginia Caanel lump 11.00
! Illinois lump, Harrisburg 7.30
Hocking Vailev lump 8.50
Coal and coae at yard, aoc per ton less.
Kindling with coal, 15c- a bundle; sep
arate delivery, 10 bundles, $2.
Charcoal, 20 lbs to buahel, wagon lota.
45c bushel; email lots. 50c bushel.
Extra Service Charges—
-75c per ton dumped and wheeled extra
nan.
$1 per ton wheeled from wagon by
driver.
$1.25 bags per ton ground floor. *-
$1.50 bags per ton carried into cellar.
Ex-Soldier Sails to
Get Belgian Bride
HIAWATHA, Kas.. Jan. 20.—Buytls
Sprague, who served with the American
army in France, has left his home here
for another trip overseas. This time
Sprague will bring back a Belgian bride
he was compelled to leave behind when
he returned with his military unit a few
; months ago.
city; that a high standard of qualifica
tion be assured; that there be suitable
encouragement to young men and young
women to enter teaching, and that
power, Initiative and skill be retained in
i supervisory positions,
j It was said that New York state had
1 a shortage of 5,000 teachers, due to resig-
I nations of those who had taken up better
, paying work, and that as a result of this
lack of teachers 1,000 rural communities
: had been obliged to close their schools
I and send their qhlldren elsewhere for in
struction. This, it was said, resulted fur
ther In the increased abandonment of
farms, as many families refused to live
where their children could not have edu
cational advantages.
Attention also was called to the fact
that attendance at state normal schools
had fallen off 50 uer cent in many places.
It was agreed that the situation was seri
ous, and that the only remedy was in
creased salaries for teachers.
Mining Comes First,
So Trial Goes Over
SPRINGFIELD. 111., Jail. 20—Maxi
mum coal production was more import
ant than the conviction or acquittal of
Joseph Londrigan, Sam Feleca and Louis
Bolik, Springfield coal miners under trial
for intimidating fellow workmen here
during the recent insurgent movement. ;
The prosecution and defense agreed to i
continue the case because it involved the
taking of testimony from about sixty
other coal miners whose services were j
considered most essential as coal dig- j
gers at this time, in view of the short
age of fuel because of the coai strike, j
since tbe men had just returned to work j
from the walkout.
HOGS ADVANCE
25 CENTS MORE
Only 9,000 Arrivals, but Mar
ket Augmented by Leftovers.
COMPARATIVE BALER.
Good Good Good
Choice MfxeO Light
Jan. Heavy. Heavy Heavy.
14. $15.00@ 15.10 $16.00 @15.15 $10.00@15.75
15. 16.50@16.75 15.50 15.65 16.60©UJ5
IC. 15.50@15.76 15.50@15.65 15.50@15.10
17. 1E.00@15.15 15.00 @15.15 15.15015.25
19. 15.26015.35 15.25 15.25015.35
20. 15.40@15.50 15.25015.50 15.60015.65
There were only 9,<XX) fresh arrivals
of hogs on Tuesday, but there were 2,200
layovers nnd enough to cause buyers
to hesitate in following an unusual ad
vance of 50075 c demanded by the sell
ing side. A fair outside demand finally
boosted the ideas of other buyers and
a compromise resulted in a general ad
var>< a of, 25c. There was no excitement
in the trading at the higher level in
prices and some of the late observations
reflected a weaker tone In affairs. It
was estimated that about 9,000 hogs were
sold. The good hogs averaging less
than 250 pounds were eligible to sell at
$15.50, those averaging up to 250 poifnds
were eligible to sell at $15.40 and the
heavier grades at $15.25 in a regular way.
There was some deviation from the fixed
standard of prices and outsiders paid
up to $15.65 for closely selected light
hogs. Throwcuts were 25c higher, with
the sales of pigs up to sls, and the best
sows sold at sl4.
CATTLE.
I one way or another there was a
more satisfactory market for the bovine
family so far as salesmen and owners
were concerned. The most liberal esti
mates did not indicate an advance or
more than 25c and there were others
who could flud only a more liberal clas
sification of the cattle in favor of toe
seller. Still others claimed a difference
In the fill from that of Monday would
offset any advance In the list of prices.
There w-ere only 1,100 cattle received
and they were cleared promptly at pre
vailing prices. There was a higher
market for veal caKes. with the tot
price practically s2l. but there wore odd
sales as high as $22. The demand for
feeding cattle was not quite o in >
there was no quotable change In prices.
SHEEP.
The best lambs on the Tuesday mar
ket sold at $19.50, but It was admitted
they were not as good In every way a- 1
those that sold up to S2O at the close
of last week. Sheep were stead v at
$lO down, and there was a quick clear
ance of the light receipts of 400.
CATTLE.
—Steers—
rrime cornfed steers, 1,300
lbs. and up $17.00018.50
Good to choice steers, 1,300
lbs. and up 16.00@17.00
Common to medium steers,
1,300 lbs. and up 14.50@15.50
Good to choice steers, 1,100
to 1,200 lbs - 13.50015.00
Common to medium steers,
1,100 to 1,200 lbs 12.00@ 13.00
Good to choice steers, 900 to
1.000 lbs 11.00@ 12.00
Common to medium steers,
900 to 1.000 lbs 9.00@t1.00
Good to choice yearlings .... 13.00@15.00
—Heifers and Cows
j Good to choice heifers [e-mail]0
Fair to medium heifers...... 9.00@11.00
Common light heifers 7 000 8.00
Good to choice cbws 10.00012.50
Fair to medium cows 8.000 9.00
C'anners and cutters 5.00@ 7.00
—Bulls and Calves
Good to prime export bulls.. 9.50@11.00
Good to choice butcher bulls 9.00@10.00
Bologna bulls ..’ 7.uO@ 8.00
Common to best veal calves.. 13.00@21.50
; Common to best heavy calves 6.00@12.0U
—Stockers and Feeders Cattle —
! Good to choice steers, 800 lbs.
and up ’. 11.00@12.00
Common to fair steers, 800
lbs. and up 9.50@11.00
Good to choice steers, under
800 lbs 10 00011.00
Common to fair steers, under
800 lbs B.oo@ 9.50
Medium to good cows 6.250 7,25
Medium to good heifers 7.00@ 7.50
i Fair to best milkers 73.00@150.00
Stock calves. 250 to 450 lbs.. 7.00@10.00
HOGS.
Good to best heavies. 250 lbs.
average up 15.25
j Good, 225 to 250 lbs aver
ige 15.40@15.50
Medium and mlxeu, 150 ids.
and upward 13.25@15.50
Good to choice bogs. 160 to
225 lbs 15.50@ 15.65
Common to good fig’*'*. down
to 140 lbs 15.00@ 15.25
Roughs and packers 12.00@ 14.00
Bulk of sows 13.25@13.75
Best pigs, under 140 lbs 14 75@T5.00
Light pigs 14.50 down
Bulk of good hogs 15.25015.50
SHEEP AND LAMBS.
Good to choice sheep 0.00@10.00
i Ccommon to medium sheep .. s.ou@ *.OO
I Good to choice yearlings ... 10.d0@11.00
1 Good to choice lambs 18.00019.50
Common to medium lambs ... 12.(@@17.00
Bucks, per 100 lbs 6.500 7.50
Other Live Stock
PITTSBURG, Pa., Jan. 19— Cattle—
' Receipts, 85 cars; market, lower; choice,
$14.50@15; good. $13013.50; fair, $10011;
| veal calves, $21022. Sheep and lambs—
i Receipts, 12 doubles; market, higher;
i prime wbethers, $13@13.50; good, $11.50
| @12.50; fair mixed, s9@ll; spring lambs,
: $12.50014.50. Hogs—Receipts, 75 doubles;
market, lower; prime heavy hogs, $15.25
j @15.35; mediums, $15.85015.95; heavy
I yorkers, $15.85@15.95; light yorkers,
! $15.85@15.05; pigs, $15.25015.75; roughs,
; $12@14; stags, $9.50@10.50.
CHICAGO, Jan. 19.—Hogs—Receipts,
60,000; market, 15@25c higher; bulk of
sales, $15.10@15.30; butchers. $14.50@
15.35: packers. $13.65@14.65; lights, $14.50
@ls 20; pigs, $13.50@14.50; roughs, $13.65
@14.15. Cattle—Receipts. 24,000; market,
slow to steady; beeves, s9@l9; butchers,
j $6.75014.25; banners and cutters. $3.50@
j 7.50; stockers and feeders, $6.50@12.50;
j cows, $6.75014.75; calves, sl4@lß. Sheep
—Receipts, 17,000; market, strong to unr
evenly higher; lambs, $14019.90; exVas,
| $5.50@12.
CLEVELAND, 0., Jan. 19.—Hogs—Re
i ceipts, 7,000; market, active, 35c higher;
! yorkers, $15.75; mixed $15.75; medium,
1 $15.75; pigs, $15.75; roughs, $13.25@13.50;
I stags, $lO. Cattle—Receipts, 1,000; mar
ket, 25c higher; good to, choice steers,
$14@16: good to choice heifers, $9@11.50;
good to choice cows, $S@lO; fair to good
cows, s7@B; common cows, SS.SO@ 10.50;
milchers, sloo@2oo. Sheep and lambs—
Receipts. 2,000; market, steady; top, S2O.
I Calves—Receipts, 800; market, 50c
| higher; top, $23.
EAST ST. LOUIS. 111., Jan. 19.—Cattle
] —Receipts. 6,700; market, slow, steady;
| native beef steers, $15.60@16.75; yearling
j beef steers and heifers, $10@12; cows,
S10.50@ll.50; stockers and feeders, slo@
11.50; calves, $16.75@18.50; canners and
| cutters, $5.50@6.75. Hogs—Receipts, 22,-
| 090; market, steady; mixed and butchers,
I $14.90# 15.25; good heavies, $15,15015.25'•
! rough heavies, $12.50@13.85; light, sls 15
@15.25; pigs. $11.75(3,15.; bulk of sales.
$15.10(315.25. Sheep—Receipts, 2,500; mar
ket. steady; ewes. $10011.50; lambs,
$18.50019.40) canners and cutters, $8,500
: 9.50.
EAST BUFFALO, N. Y., Jan. 19.—Cat
„ tie —Receipts, 2.500; market, heavy grades
; slow, 25c lower, others active; prime
; steers, $16@17; shipping steers, sls@
I 15.50: butcher grades, $10@15; heifers, $d
I @11.50; cows, $4@10.50; bulls, $6@10.50;
I milch cows and springers, $500175; feed
ers, $4@10.25. Calves—Receipts, sls; mar
: ket active to 5Qc higher; culls to choice
$7@24. . Sheep and lambs—Market active
and steady to 50c higher; choice lambs,
*20@21 : culls to fair, $!3@13.50; year
lings. $16018; sheep, $6014. Hogs-Re-'
ceipts, 12,000; market active, 25@50c low
er; yorkers. $15.75; pigs, $15.75016;
mixed, $15.75; heavies. $15.50015.75;
roughs, $13@13.75; stags, $10011.50.
Dance Model Latest
Stunt of Modistes
PARIS, Jan. 20.—The dancing model
lias come ill with the dancing craze. Two
of the best-known firms of costumers in
Paris have fitted out little dancing rooms j
and employed pairs of dancer* who come
every afternoon, solely Jto foxtrot, and i
tango, showing off thel latest dancing j
gowns to prospective purchaser*.
INDIANA DAILY TIMES, TUESDAY, JANUAkPSHBUT
On Commission Row
Florida repacked tomatoes were re
ceived. Dealers priced them at $6 car
rier of six baskets.
Potatoes hold firm at $5 to $5.20 hun
dredweight. Dealers can give no assur
ance of turn in the market either way.
Shipment of Excelsior dates received.
Price holds steady at $5.75 case of three
dozen boxes. Dromedarys are still off
the market. Dealers are. unable to get
shipments.
Nuts are in slow demand, dealers say.
Heavy volumes of business through the
holidays has dropped to practically noth
ing. Prices remain the same, with sup
plies slowly dwindling and dealers mak
ing no great efforts to replenish stocks.
Cauliflower is moving slowly with
price around $2.25 crate. “When we get
through thig lot we have on hand, it will
be a long time before we stock any
more.” oue veteran dealer said. Price
Is normal aud no particular reason can
be assigned for the slump.
TODAY’S PRICES.
Apples—ln barrels: Extra fancy Red
Jonathans, sl2; extra fancy Grimes
Golden, $11; Baldwins, $8.50; Greenings,
$2; Hubbardsou, $0@11; Jonathans. SOO
10.00; ; Rome Beauties, $8.50@10.50
Kings. $0; Wine Saps, $10; Maine North
ern, $10; Wealthy, $8; York Imperials,
$0; Kiunalrd Favorites. $8; Grimes
Golden, No. 1 grade, $9. In boxes: Rome
Beauties, 80s to lobs, $3.50; Grimes Gol
den, 965,t0 1755, $3.50; Delicious, 80s to
150s, $4.5C; Winter Bananas. 80s to 150s,
$3 75; Yellow Ortleys, 72s to 1635, $3.50
03.75; Spilzenberg, 80s to 150s, $3.50.
v ßananas—Pound, 7%c.
Beans—Michigan navy, in hags, per lb,
B%c; pinto, 8c; limas. 15%c; blackeyed,
Bc.
Beets—6s pound bags, $1.75.
Cabbage-—Cwt., 7c; red, lb. 10c; Ro
maiue, $1 hamper.
Carrots —Basket, 40 lbs, $1.75.
Cauliflower—Fancy, crate. Iks to 14s,
$1.75.
Celery—California, crate. 7 to 10 doz,
$8.50; jumbo, crt., $1.50.
Cider—Gallon, 7be.
Cocoanuts- Bag of 800, $10; doz., $1.73.
Cranberries —32-lb box, $3.25@3.50; bbl,
$9.50; Centennial, bbl, $10.50.
Cucumber—Hothouse, Davis doz., $4;
Florida, 6 doz. box. $7.
Exelsior Dates—Threo dozen pkgs,
$5.75.
Figs -New, in boxes, 50 pkgs. 6-oz, 55c;
..T pkgs, 8-oz, $3.25; 12 pkgs, 10-oz, $2.25;
iO-fb layer. $3.25; Smyrna, box 11 lb", j
$4.20; Spanish, box, 2 lbs, $5.50.
Garlic—P'uiuu, 45c.
Grapefruil - Extra fancy Florida*, $4.50
@4.75; fancy Florjdas. $4. 1
Grapes -Fancy imporreil Almerlcas in
kegs. 40 pounds, net, sl4. Emperors,
keg, $.
Honey—Comb, new, cases of 24 cap*,
$7.75; extracted, 60-lb tins. 22c; South
American, dark extractee. 16c lb.
Lemons—California*. standard box.
S4O $4.50. .
Lettuce—Leaf, pound, 24c; Iceberg,
crate, 4 and iz., $5
Mangoes Florida*. 2 doz. basket, CO'.
Oranges -California navel, box, $4.50@
5.50; Sunkist, $5.5006.25; Florida. $5.
Nuts—Filbert*. 15, -’9@32c; EnglUh
walnuts, 37@40c; cbestnu.s. 35c; pecans,
30c, 50c, 70c; Brazils, 28c; almond*. 33@
36c; sheilbark hickory. D>c.
Onions —Red ana eiiow. cwt. $0;
western, $6.50; Spanish imported, basket,
$3.25; green, doz bunches, shallots, 85c.
Popcorn Pound, 9c.
Oysterplant—doz, 75c.
Pears —Claragas, box 40 lbs, $5.50;
Nellis, box 40 lbs. $4.50.
Popcorn—Lb. 10c.
Potatoes—Bakers fancy, cwt.. $5.50:
northern white, ?5@5.20; Colorado Gems,
$6.50.
Rutabagas—Cwt, $1.75; 50 lbs, sl.
S.ige Fancy, doz, 30c.
Sweet Potatoes Indiana Jersey, bu.,
$3.25.
Nancy Hall, basket, 40 lbs. $2.50.
Tomatoes Basket, 6 lbs, $l5O.
Turnips -Bu. $2.75. \
Today’s Market Gossip
Chicago reports that decline of 2fle In
Minneapolis ea h wheat and- reported re
selling of rye caused selling of corn at
Chicago.
Report of controller of the eurrriicy
! shows arse's of United States national
banks, $22,444,992,000 on Nov. 17, 1919.
This amount is moj;e than double that of
six years ago.
New York wire says that It i.J much
bettor for the entire market stability
that mushroom securities should have
had such' in abrupt tumble to something
nearer the renl worth than to have this
dangerous menace.hanging over the situ
ation.
The bank statement showed improve
ment, but It is still a long way from
being safe. Technically, the market has
been Improved sufficiently to justify the
expectation o f a good reaction, but as to j
taking a position for permanent improve- I
ment there i- nothing at the moment to
Justify It. So long as we are exporting
a lot of goods and taking in payment
depredated foreign money we know that
the situation is not healthy.
Chicago dispatch says that among the
reasons for expecting lower prices sot
corn may be mentioned the size of ths
crop, excellent quality, decrease in farm
animals, smaller distilling demand for
beverage and ammunition. Opposed to
these is the sole item of slow movement.
It is only a question of time when sur
plus will overcome the one sustaining fac
tor.
New York wire says: “The idea is
growing that because es our credit, situ
ation liquidation is Inevitable. Liquida
tion will mean contraction In business.
Am of the opinion deflation has actu- j
ally set in. Tt may not be perceptible
In commodities, but it has started and
will gather momentum. The stock mar
ket's action, primarily due to the
strained credit situation is reflecting
through its discounting process the turn
of the tide. There is nothing in sight
to indicate present rallies in the market
will be permanent.”
Announce Committees
of Bond Men’s Club
The Indianapolis Bond Men’s clnb is
the name decided upon yesterday for the
organization of bond and securities deal
ers nnd salesmen formed Saturday.
The organization was formed primarily
for social purposes, but announcement
is made today that every opportunity
wilt be taken advantage of to elevate the
bond and securities business, and to
convey to the investment public a clearer
conception of the word “Investment,”
as differentiated from “speculation.”
Officers elected for the new organiza
tion are Fred A. Likely, of Breed. Elliott
& HnrrisoD. president; S. Neik Campbell
of the Fleteher-American Company, vice
president: Gordon S. Griffith of Meyer-
Kiser bank, secretary and Hugh Niven
of the National CityiCompany, treasurer.
All of the leading ; bond bouses of , the
city are represented In the membership
of the club.
The club will hold another luncheon
meeting Saturday at 12:30 p. m.. at the
Columbia club. Confirmation of the tem
porary committees appointed and elec
tion of a board of governors will be the
business under eonsidehatlon.
Raymond D. Jackson of the Fletcher
American Company, who Is in charge of
the publicity of the club, announced
today that the organization will use all
of its power singly and as a body to co
operate with the Indianapolis Stock Ex
change, the Indiana Bankers' association
and any other business or commercial
body to stamp out the flotation of “blue
sky” securities. A definite plan of action
along this line will coiue up for consld
erntion at the meeting Saturday.
The following committees have been
appointed :
Publicity—Raymond D. Jackson, A. S.
Arnold. /
Selection of Directors—C. R. Spann,
John P. Todd. Raymond D. Jackson.
By-laws and Constitution—O. B. Farr,
Walter .T. Thlenes, J. Kiser, E. E. Lett,
K. H. Brown.
Entertainment—C. R. Spann, Isadora
Cohen, Ferdinand Meyer. John J. Diggs,
Earl Richardson, Clair McConnell, Rob
ert Wild, N. L. Cohen, E. G. Miller, V. C,
Loehard.
P. Todd, Kdwiu J,
W tuwsch,
YANK KITCHENS
DO BIG RELIEF
Half Million Served Daily in
Czech-Sloak Country.
PRAGUE, Jan. 20.—“ I’ll never cuss
out the army quartermaster again after
this job,” said Capt. Arthur Ringland
of Montclair, N. J., who is superintend
ing the daily feeding of more than half
a million Czecho-Slovak children.
A visit to one of the 2,665 American
relief kitchens with Capt. Ringland will
assure you that Y'ankee shrewdness takes
no chances on any of the food going to
people for whom its American donors
did not intend it. . Not that the Czecho
slovaks would graft, you understand, but
with half a million meala a day a little
loss here and there runs into big
amounts.
The children troop into the school
rooms, where the little tots are served
a pint of cocoa, and the children ap
proaching the 14-year age limit are
poured out a pint of soup. Biscuits
baked in the relief association’s own
biscuit factory accompany the meal.
Only in eases of investigated sickness
is food carried out of the schoolrooms;
under no circumstances is uncooked
food distributed. Because of jthis care
ful supervision the Americans have not
been embarrassed by finding their gifts
of charity for sale on the shelves of
local goceries, which liqs resulted in more
than oue attempt to relieve hungering
Europe.
The average gain in weight, accord
ing to the commission staff physicians,
varies between five and fifteen pounds,
according to the age of the child. Sta
tistics also show a marked decrease in
children’s diseases.
Americans do only the executive and
supervisory work; an oganlzation of 30,-
000 Oiecho-Slovaks scattered through 2,-
665 towns do the cooking and dishwash
ing. This oganlzation is now being used
to distribute 100,000 sets of children's
clothing provided by the United Spates.
CHICAGO GRAIN.
—Jan. 19-
CORN—Open. High. Low. Close.
Jan. 1.38% 1.3® 1.38 1.38% fl%
May. 1.33% 1.33% 1.32% 1.33 f %
1.33% 1.33%
July 1.31% 1.32 1.30% 1.31% t %
L 31%
OATS—
May. 82% 82% Sl% 81% t %
82%
July 75% 76% *5% 75% * %
75%
PORK—
Jan. 38.50 38.75 38.50 38.75 + .10
May. 39.10 39.10 38.80 38.80 • .15
LA lit)
Jan. 23.90 23.90 23.50 23.50 • .201
May. 24.60 24.60 24.35 24.67 * .03
It IBS-
Jan. 19.70 19.70 19.70 19.70 * .05
Mav. 20.60 20.60 20.40 20.45 • .02
July 20.95 20.95 20.75 20.77 • .10
tinerease. •Decrease over Saturday's
close.
CHICAGO CASH.
CHICAGO, Jan. 19.- Corn- -No. 3 mixed,
$U4*%@1.46; No. 2 white. $1.53; No. 3
white. $1.47; No. 4 white. $1.43; No.
2 yellow. $1.53%; No 3 yellow, $1,470
1.49%; No. 4 yellow, $1.4201.44. Oats
No. 2 mixed. 83%e; No. 2 white, 86%@ 1
87%e; No. 3 white, 86@87%c; No. 4j
white, 85%c.
TOLEDO C LOSE.
TOLEDO, Jan. 19.—Corn No. 3 yellow. 1
$1.50. Oats -No. 2 white, 80@90c. Rye— j
No. 2. $1.72. Barley No. 2, $1.50. Clover
Cash, $35.75; January, $35.75; February, ,
$35.25; March, $35; April, $34.90. Alsike
—Cash aud January, $35.40; March, $35.40 j
bid. Timothy—Cash. 1917 and 1918. $6.65;
1919 crop and Janaary, $6.75; March,
$6.95; April, $6.90; May, $6.80.
INDIANAPOLIS CASH GRAIN.
Jan. ID— „
Corn- Firm; No. 3 white, $1.5301.53%;
No. 4 white, $1.5101.52%; sample white,
151.53%; No. 8 yellow, $1.52%: No. 4
yellow, $1.48; No. 3 yellow $1.45%@
146; No. 3 mixed, $1.45%@1.46%; No! 4
mixed. $1.46%.
Oats—Strong: No. 2 white, 89%@90%c;
No. 3 white, >%c.
Hay—Firm ; No. 1 timothy, $30.50031 ;
No. 2 timothy, $20.30@30; light clover
mixed. $29.50030; No. 1 clover mixed,
$29020.50.
—lnspections
Wheat -No 3 red, 2 cars.
Corn —No. 2 white, 2 cars; No. 3 white,
16 ears; No. 4 xvbite, 30 cars; No. 5
white. 1 ear: No. 3 yellow, 5 ears; Mo.
4 yellow, 20 cars; No. 5 yellow, 10 cars;
No. 4 mixed, 6 cars; No. 5 mixed, 2 cars;
total, 92 cars.
Oats No. 1 white. 10 ears; No. 2 white,
20 cars; No. 3 white. 2 cars: sample
white, 1 ear;."No. 2 mixed, 2 ears; total,
35 ears.
Rye—No. 2, 1 ear.
Hay—No. 1 light clover mixed, 1 car.
PRIMARY MARKETS.
(By Thomson & McKinnon.)
Receipts—
Wheat. Corn. Oats.
Chicago 94.000 383,000 419,000
Milwaukee 36,000 68,000 146.000
Minneapolis... 693,000 88,000 74,000
Duluth 37,000
St. Louis 114.000 285.000 800.000
Toledo 6,000 5.000 B,ooo*
Detroit 7.000 6,000 12,000
Kansas City.. 410.000 99.000 58,000
Peoria 6.000 92.000 31,000
Omaha 60,000 120,000 48,000
Indianapolis.. 18.000 64,000 34,000
Totals 1,381.000 1 ”10,000 1,130,000
Year ago.. .1,240,000 2,008,000 1,4+4,000
—Shipments—
. ' Wheat. Corn. Oats,
Chicago 3 52,000 187,000 253.000
Milwaukee.... 11,000 19.000 13,000
Minneapolis... 189.000 40,000 59,000
Duluth 14,000
St.. Louis 350.000 55.000 93,000
Toledo 4.000 4.000
Kansas City.. 217.000 24.000 86.000
Peoria 5,000 63.000 23,000
Omaha 31,000 63,000 62.000
Indianapolis 34,000 2,000
Totals 973,000 49* 000 546.000
Year ago... 308,000 829,000 604,000
—Clearances —•
Domestic W. Corn. Oats.
New York.... 133,000
Boston 56,000
Baltimore 50,000
Totals 56,000 133,000 50,000
Y’ear ago... 106.000 865,000
WAGON MARKET
The following are the Indianapolis
prices of hay and grain by the wagon
load:
Hay—Loose timothy, s3l @32 a ton;
mixed, $30@33: clover, $30033.
Corn —$1.5001.60 bushel.
Oats—B7@9oc bushel.
Straw—Wheat, $S@9 ton: oats, $14@15.
Republic Oil
and Refining
(
Active on New York Curb
A COMPLETE financial state-
together with de
tailed information as to com
pany’s recent developments and
acquisitions mailed upon re
quest.
JOKES & THURMOND,
25 Broad Street, New York
Wholesale Meats
Smoked meats,.shown call’ for discount
of %c lb for order of 150 of one item;
250 lbs and over discount of %c lb.
PORK.
HAMS—
Regular, 14 to 16 lbs .32
Skinned, 12 to 14 lbs .34
Fancy boiled .48%
BACON—
Fancy breakfast. 5 to 7 lb*... .48
Sugar cured, 14 to 16 1b5.... .31
Sugar cured squares .28%
Fancy sliced, 1-lb cartons.... .53
PICNICS—
Sugar cured, 5 to 7 lbs .25
SALT MEAT—
Dry salt Jowl butts.... .19%
LARD—
Refined, tierce basis .26%
Open kettle,- tierce basis .27%
FRESH PORK—
Spare ribs .22
Shoulder hones .09
Tenderloins 52054
Dressed hogs .27%
Light loins, 7 to 9 lbs .27%
Extra light loins, 4 to 6 lbs.. .29%
Fresh boneless butts .31 I
Boston butts .24
Skinned shoulders... .22 J
SAUSAGE—
Breakfast, in 1-lb cartons.... .30
Stamfcrfl, fresh, bulk .18%
FrankTurts, hog casings .19%
FRESH BEEF.
The following prices are on first qual
ity No. 1 government inspected meats
only:
Medium steers, 400 to 500 lbs .17
No. 2 heifers .15%
Native cows 15%@16%
Medium tows .13
LOINS—
No. 3 . .20
RIBS—
No. 2 .39
No. 3 .21
ROUNDS—
No. 3 .20
No. 2 .22
CHUCKS—
No. 3 .14
PLATES—
No. 3 .12
VEAL.
CARCASSES—
No. 1 quality 25@27
No. 2 quality 14%@.18%
FARMERS LOSE
IN WHEAT TEST
Price Paid by Grain Concern
Held to Be Within Law.
The Irtdiana Federation of Farmers’
Associations has lost the test case
brought in which t! o price paid for
wheat by Indiana elevator men was at
tacked. '
Julius A. • Barnes, president of the
United States Grain corporation, held for
the McComas Grain Company of Castle
ton, which William Bosson, Marion coud
fv farmer, charged had paid him less
than the government price for wheat.
The price paid was $2.11 a bushel. Bos
son charged that the handling charges
were excessive.
Barnes is the final authority on the
• use. He upheld the finding of H. D.
Irwin, second vice president of the
wheat corporation, pointing out that no
samples of the grain which Bosson said I
was No. 1 wheat accompanied the papers
in s he case. Bosson said the fact of the
quality of the grain was agreed to by
both parties.
Exchange Opens
War on Blue Sky
Ti> an effort to rid the city- of blue
sky stock salesmen the board of gov
ernors of the Indianapolis stork ex
change today , announced that they would'
welcome complaint from any one who
had been defrauded by these gentry of I
oily promise and get rich quick schemes. 1
11. Foster Clipninger, president of the
exchange, says tnat complaints made to 1
nuy member will be investigated at once j
by the board of governors and such
action taken as they deem the merits
of the ease warrant. It is a known
fact that the promoters of fraudulent
stock schemes shun the office of a
reputable dealer In securities. If people
will only bring to some member of the.
Indianapolis stock exchange complaint
regarding the activities of the*e bine
sk.v peddlers the stork exchange will
)>o In nosscssian of facts it would never
pet otherwise.
The lolloping are members of the
Indianapolis stock exchange: Fletcher
American Company, Fletcher Savings
and Trust Company, Thomson & Mc-
Kinnon, Union Trust Company, Breed,
Elliott * Harrison; City Trust Com
pany, J. F. Wild & Cos., Otto F. Hau
e;sen & Cos., Newton Todd. Meyer-Klser
bank, Oren Ragsdale, Becker & Over
man Cos.
National Officers
to Attend Hog Sale
BAINBRIDGE, Ind., Jan. 19.—Henry j
Fields, president of the National Spotted ;
Poland China Record association, and M.
R. Carmichael, secretary of the National
Swine Growers’ association, will attend
the Spotted Poland bred sed sale to be
held here Jan. 21. F. L. Ovenchain, sec
retary of the Poland China association,
announoed today.
The National Spotted China Record as
sociation is recognized as one of the
leading live stock organizations of the!
United States. Indications point to the
registration of 50,000 hogs in the year
1920, as compared with 21,408 the as- j
soelation registered last year.
W ‘S er
Recommend *“*“*"*a
Preferred Shares, Seven Per Cent —Participating —
Non-Taxable in Indiana
Consumers Distributing Company
Developing a Chain of Cash General Stores
,"' , Throughout the State
This is a going concern doing business. Only a limited amount of Preferred Shares
will be placed at this time, for the purpose of acquiring additional stores.
Write Us for Particulars
Indianapolis Securities Company
FRANK K. SAWYER, President A
"Pioneer in Preferred Stocks ” *
- ' 11
Housewives’ Market
The following price* are the general
prices charged at the city market of
tained by striking an average of the
price* charged at various stand*:
Apples, choice, per in $ ,05@10
Asparagus, bunch 15020
Bananas, dozen 20@30
Beans, stringless, lb .30
Beaus, navy, lb .11
Beans, lima lb .18
Beans, Colo, plntos, lb .10
Beets lb .10
Brussels sprouts, box' .25
Carrots 2 lbs .15
Cabbage, lb .10
Cauliflower .25035
Celery, bunch 10@15
Cranberries, lb .10
Cucumbers, hothouse, each 30035
Eggplant, each .25
Grapes, imported, lb .50
Head lettuce, each 20030
Grapefruit, each 07%@15
Lemons, per doz 25030
Lettuce, leaf, per lb .25
Onions, lb 06@10
Onions, Bermudas, each 10015
Onions, green, bunch .10
Parsnips, lb -10
Parsley, per bunen .05
Parsnips. 2 lbs .15
Peas, shell, green, lb .25
Pineapples, eacl . 30@40
Potatoes, peck .65
Pears. Anjau, lb .20
Peppers, green, each .. -05
Potatoes, 4 lbs .23
Radishes, %-lb .10
Rice, ib
Rutabagas, each -10015
.Spinach lb .25
Strawberries qt box 1-25
Sweet potatoes, lb 06%@10
Turnips, lb .10
MEATS.
Lamb chops, lb $ .40045
Leg of lamb, per lb .35040
Boiled ham. per lb .75
Smoked ham, per lb 40050
Round steak, per lb -35
Fresh beef tongue .30
Smoked beef tongue ,40045
Roast beef .25030
Flank steak -30
Beef tenderloin .50
Pork chops .30
Pork sausage .30
Pork tenderloin .60
Porterhouse steak 40045
Chuck steak 28030
Bailing beef IS@2O
Bacon 40060
Loin steak .30
Hams, whol e. .30
Lard, lb .33035
Lamb stew 15025
Spareribs, lb .25
Shoulders, fresh beef .30
Shoulders, fresh pork .27
Beef liver .15
Veal chops .85040
Veal steak .50
Calf liver .30035
PRODUCE.
Hens, full dressed, lb .48
Frys, dressed. Ib .55
Ducks, dressed, lb .55
Geese, full dressed, lb .55
Rabbits, dressed, eacn 45050
Eggs, fresh selects, doz 1 .76
Eggs, storage, doz .58
Butter, creamery, lb 68072
CLEVELAND PRODUCE.
CLEVELAND, 0., Jan. 19.—Produce-
Butter —Creamery in tubs .exta, 66@60%e;
extra firsts. 65@65%e; firsts, 64@64%e;
prints. 1c higher; seconds, 60@61e; pack
ing. 47c. Eggs—Northern extras, 78o:
extra firsts, 72e; northern firsts, new
cases, 71r; old cases, 70e; southern atfd
western firsts, new cases, 70c; refrigera
tor extras. sc. Poultry—Live fowls. 27
@2Bc; heavy grades. 32033 c; roosters,
old 21e; springers. 27028 c; heavy grades.
30c; ducks, 36@38c; geese, 25@33c; turks,
40e. c
"adHSi. TICKETS [
WE OFFER THROUGH BOOKINCS TO*
POLAND 1
1| TOI HS—CRUISES—TRAVEL INFORMATION |
The Fl.tcher American N tional Bank I
Fletcher American Cos —Agents. y j
-unnimrrr i ■■"■■ii a w ■■■! ■iwirwrn—B
6_ BARNES BROTHERS tYf
°/o FARM MORTGAGES £%
Absolutely the Safest and Best Invest
ment. No Expense to Purchaser. j
P. W. BARTHOLOMEW, Rep. ■■
Main 3186. 704 Odd Fellow Bldg.,
Indianapolis.
c— ===T=== —-BBT-- iinn— i_ l. 1 .ii "■im mmsmmm
We are pro- I AAR|C on farm and
pared to make UVIIJ city property
thos. c. day & co.
>n u LIBERTYLOAN BONDS!™
Also Partially Paid Bonds. REMOVED TO 415 LEMCKE BLDG.
FLOAT ITALIAN
ISSUE OF BONDS
Try to Keep in U. S. Funds r
That Now Go to Italy.
WASHINGTON, Jan. 19.—The Unlteil
States treasury department has author
ized the flotation of an issue of $25,000,000
Italian bonds, known as series /A, and
which is the first installment of a com
plete issue of SIOO 000.000.
The issue is underwritten by a group
of leading Italian banks, comprising the
Banea Commereiale. Credito Italiar.o.
Banco dl Napoli and Banca Italiana di
Seen 10.
The bonds are dated Feb. 1, 1920.
and mature in five years. They are I
issued a; par and bear interest at the ]
rate 0f ! 6% per cent., and carry the eon- j
version privilege at maturity by
they may be paid either in dollars or V
lire at the rate of seven to the dollar, I
subject to the option of the bondholder. I
The rate of exchange now is 13.6 lire to I
the dollar. "
ITALIAN BANKS
WILL HANDLE ISSUE.
The bonds are in denominations of SSO.
SIOO, SSOO and SI,OOO and will be soil
here through the 5.000 or more Italian
banks in the United States. The aim is
to reach the 5,000,000 or 6,000.000 Italians
in the United States, who heretofore have
been sending to Italy for deposit in
Italian banks between $80,000,000 and
sloo.o<>o.ooo a year. The Italian govern
ment aims to establish in this country
credits effected by the subscription to
these bonds and to make purchases of
American merchandise against these
credits.
IMMIGRANT NOW
SENDS HIS MONEY HOME.
Experience has shown that the Italian
immigrant prefers to send his money to,
Halj for deposit in the savings bank*
thero rather than to invest in Liberty
bonds, or other securities in this ccuq
try It is thought, therefore, that the
interests of the United States treasury
department will not be affected by tbe
sale of these dollar bonds in tbe United
States.
CHICAGO PRODUCE.
CHICAGO, Jan. 19—Butter—Creamery
extras. 62%e: creamery firsts, 60c; firsts,
57@62c; seconds, 53@35c. Eggs—Ordi
naries, 50@60e; firsts, 61 %e. Cheese—
Twins. 30%@31c; Young Americas, 31@
32c. Live poultry—Fowls, 30o; ducks,
24c; geese. 27e; spying chickens, 27c;
turkeys. 40". Potatoes— Receipts, 9 cars;
Wisconsin and Minnesota. $4.5005.
m %
—gss
Is the story of Peter Perkins asd bow
be accumulated SI 0,000 In test years by
Investing +25 per month In h(fh-|nde
Haled stocks and bo ads, on a novel pUa.
‘ Getting Ahead” la as Interwtlne as
any thins you ever read. Thousands
bare read It and are now “rottin*
ahead’’ financially on the sanse plan.
v*s *ui w rssotMts* wMi m. aw mi* msi. aai
•as* Ires s as* *ay to krass* MW uMses ■■■ mis
Ms* s se latwsst, •>** a SMOOT, as raw MUST -
ssrs **
KRIEBEL&CO.
IMVB/TMIKT BAMKBItr
! 12 K South La SdUe StXhicafo