Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, February 20, 1920, Home Edition, Image 17

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Indiana daily times. [volume], February 20, 1920, Home Edition, Page 17, Image 17
About Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922

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Indiana daily times. [volume] (Indianapolis [Ind.]), 20 Feb. 1920. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn85047611/1920-02-20/ed-1/seq-17/>

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I MISCELLANEOUS—FOR SALE.
/WWWVWVWVWWW^
■ FINAL v
- CLEANUP SALE
W on Sample and
> Uncalled-for Suits
and Overcoats
Light crash coat and trousers, slza Si,
sale price $25.
Brown worsted suit, size S5, sal? price,
foe.
Gray checked worsted coat and trousers,
tire 34, sale price $25.
Black unfinished worsted sutt, size 36,
•ale price, $Sb.
Dark checked worsted suit, size 36, sale
price. $35.
Ghees striped worsted suit, size 37, sale
price, S4O.
4 Gray checked worsted coat and trousers,
llze 37, sale price. $25.
Bfirown unfinished worsted suit, size 33,
price. S4O.
Kiu serge suit, size 38, sale price, $55.
striped worsted suit, size 3S, sale
$36.
Hn oersted suit, size 3D. sale price.
worsted suit, size 30. sale
5.
serge suit, size 39. sate price. $35.
ifys ' blue serge coat, size 40, sale price,
unfinished worsted frock suit, silk
lined, size 39. sale price, $45.
Brown worsted suift size 40, sale price,
$35.
Gray worsted suit, size 40, sale price, $35.
Blue serge suit, size 41. sale price, $35.
Gray checked worsted suit, size 41, sale
price. S3O. /
Heavv blue serge suit, size 42, sale price.
S4O.
Blue serge suit, size 42. sale price, $35.
Black serge coat, size 43. sale price, $25.
Tan crash coat and trousers, size 43. sale
price. S3O.
Mohair coat and trousers, size 42, sale
price, S3O.
Black cheviot overcoat, size 36, sale
price, S3O.
Soft finish gray overcoat, size 37. sale
price, $35.
Novelty brown overcoat, size 38. sals
price. $35.
Soft finish gray overcoat, size 38. sale
price, $35.
Novelty striped overcoat, size 38, sale
price, S3O.
Fancy plaid overcoat, size 38. sale price,
$35.
Brown rough cheviot overcoat, size 40,
sals, price. *4ll
- Melton overcoat, size 41, sale
price, $45.
Brown melton ulster, size 42, sale price,
SSO.
Heavy brown rough finish overcoat, size
43, sale price, $43.
Brown belted model overcoat, size 43,
sale price, SSO.
Any of these 'suits or overcoats are
■worth -from sls to S2O more than what
they are priced.
If you want one of them come in at
once, don’t delay.
W. G. SCHNEIDER,
39 West Ohio Street.
Be sure you are in the right
place.
USED RUGS ARE
BETTER
New rugs today are inferior in quality
and cost double; good used rugs are bet
ter at the same price, doubly better at
Jtur price, which is half. We have the
nnest selection in Indianapolis, more than
all other dealers combined.
USED GOODS STORE
Jk—^ Drcp-Head Singer. $10;
other bargains. SI.OO per
us 1 g week. All makes RE
-41 JiW i AIRED, hemstitch
-ING while you wait. 10c
WHITE SEWING MACHINE CO.,
Main 600, Auto. 25-216. 312 Mass. Ave.
PHONOGRAPH
BARGAIN
High-class $150.00 mahogany, used two j
weeks, for $75.00. 3137 Ruckle St.
s Mail ’Em In
O.G.KIugeI,P.D.
k Ls'/ J 236 South Meridian
V-/ eSP Main 3823.
Steel tape repairing.
Large fused solid oak, leather
bed davenport, including mattress: n.l
in excellent condition; $33. 4332’ Ua.n
New York street. ~
HOUSEHOLD GOODS FOR SALE. OWN -
er leaving town. Phone Woodruff ;
2297. ring 3. I
’POR SALE—'TOEXL GANDER, RHODE
f Island Red cockerel; also setting eggs.
1118 Holiday street.
MUSICAL INSTRUMENTS, TUKCOKDs,
rolls, cut price. TUTTLE. 201 Indiana
avenue.
MCONO-HAKI) FURNACE FOR SALE.
Q Call Main *o*s.
MISCELLANEOUS—WANTED.
LEW SHANK
paye best prices In city for household
goods and fixtures of all kinds. 237 North
New Jersey street. Main 2'O2S.
usedTjoo ds~st6re
Buys store and office fixtures, household
furniture and rugs. Main 2288. Auto. 22-
288. 42-* Mass, avenue.
IF YOUR CLOCK IS NOT RUNNING
phone Circle 4307. M. R. SHEARN,
811 North Alabama.
WANT7ID— CASH~ - RECiBTEKS, WILL
pay cash. 23 Baldwin block. Main 6871.
Auto. 21-794.
For - papen hi m ; er, call john -
SON. Woodruff 6715.
CO ALAN D WOOD FORSALE.
Pocahontas M. R SB.OO
Kentucky Sh. L 7.75
Illinois Lump 7.00
Indiana Lump 6.50
U. 3531. L. H..BAIN COAL CO. M. $531.
SUCCESSOR TO
FUEL CO. MAIN 2151.
ILLINOIS COAL, *6.75; WEST VIRGINIA,
$8.25; Kentucky lump, shoveled, SB.
Prospect 2201.
~ PETECTIVEB. ~
Quigley-Hyland Agency
Civil and Criminal Investigators
626-529 Law bldg. Main 2902.
FINANCIAL.
DIVIDEND NOTICE.
INDIANAPOLIS STREET RAILWAY
COMPANY.
(New Consolidated Ccynpanj)
(Incorporated 1919.1
Indianapolis. Ind.. Feb. IS, 1.929.
The board of directors of the Indian
apolis Street Railway Company (New
Consolidated Company, Incorporated 1919),
has declared a dividend of $1.60 per share
for the quarter, September Ist to Novem
ber 30, 1919. inclusive, upon the preferred
capital stock of the Indianapolis Street
Railway Company (New Consolidated
Company, incorporated 1919), payable
March 1, 1920. to the stockholders of rec
ord Feb. 20. 1920.
4* The preferred stock transfer books will
be closed from and after the end of busi
ness hotrs, Friday, Feb. 20, 1920, until the
beginning of business hours Tuesday,
March 2. 1920.
INDIANAPOLIS STREET RAILWAY
COMPANY.
(Incorporated 1919.)
Bv ROBERT I. TODD, President.
JOSEPH A. McGOWAN, Secretary and
Treasurer.
MONEY TO LOAN
On First Mortgage
Security
SIX PER CENT
GILL REALTY CO.
Main 1646, Auto. 28-236
WE ARE PREPARED TO MAKE REAL
ESTATE LOANS PROMPTLY. WE
PURCHASE REALTY CONTRACTS.
MORTGAGES. BONDS AND STOCKS
LISTED AND UNLISTED.
INDIANAPOLIS SECURITIES CO.
FRANK K. SAWYER. Pres
306-809 LAW BLDG. ASSETS $345,749.
Monet to loan on second mort
gages on Indianapolis and Indiana real
estate. GIBRALTAR FINANCE COM
PANY, 208 Fidelity Trust building. Main
3891-
AME MAKE SECOND MORTGAGES ON
[lf farm or city property. AETNA MTG.
[AND INV. CO. Main'7lol. 50S Fidelity
•Trust boiidlng.
|INSURANCE IN ALL ITS - BRANCHES.
II AUBREY D. PORTER. 916 Law bldg.
I Main 7049.
WOXRY LOANED ON REAL ESTATE.
Lowest rates E. E. SHELTON. North
7196. Auto. 49-716.
tOANS ON DIAMOND)); 5%% PER Ma
BURION JSWTBLnr CO- 41 Moit
>ent-
Stocks in Better Position as
Money Rate Steadies.
STOCKSTSHOW
STEADY TONE
Rails Again Attract Interest
as Market Rallies.
NEW YORK, Feb. 20.—Price changes
were mixed at the opening of the stock
market today with the general tendency
to lower levels.
The railroad Issues were again active,
Southern Pacific yielding over 1 point to
!>7'4, New Haven !s to 30%, and Union
Pacific 1 point to 119%. Baltimore &
Ohio rose % to 34%.
Steel common yielded % to 95%. Bald
win i Locomotive sold up to and
then dropi ed to 110%. Losses of % were
sustained In Republic Steel and Crucible.
Mexican Petroleum was 1% higher at
178. Pan American Petroleum, after
yielding 1 point to 84. quickly recovered
to 85.
General Motors sold up 1% to 238%, and
then fell back to 237%. Chandler
Motors was 2 points lower at 126.
After the irregularity at the start, the
market developed strength. Mexican Pe
troleum advanced 6 points to 182% and
Pan-American Petroleum 5 points to 89.
New Haven rose over 3 points to 33%
and galas of around 1 point from the
opening prices were made in the other
rails.
Steel common rose to 99% and Bald
win advanced over 2 points to 112%.
General Motors sold 7. points higher at
245.
Ex-Dividend Today
Amer. Window’Glass M., pfd., s. a., 3%
per cent.
Atlantic Ref., com., a.. 5 per cent.
Brown Shoe. com., q.. sl%.
Buckeye Pipe Line. q.. $2.
Cerro de Pasco Copp.. q.. sl.
Cincinnati Northern, ami.. 3 per cent.
Crescent Pipe Line. q.. 75 c.
General Chemical, com., q.. 2 per cent.
Great States Petroleum. 2 per cent.
Green Bay ann., 5 per
cent: Deb. A, ann., 5 per cent; Deb. B.
ann., % per cent.
Harbison-Walker Refract., com., q.. 1%
per cent.
Lake of the Woods, com., q.. 3 per
cent; pfd.. q., 1% per cent.
Middle States Oil, mo., 10c; stk, 20
per cent.
National Lead. pM., q., 1% per cent.
Proctor A Gamble, com., q., 5 per cent.
Reading. Ist pfd.. q.. 1 per cent.
Standard Oil of N. Y., q., $4.
Stern Bros., pfd., q.. 1% per cent.
Studebnker Corp.. com., q., 1% per
cent: pfd., q., 1% per cent.
Waltham Watch, com.. 52%.
MOTOR SECURITIES.
(By Thomson A McKinnon.)
—Opening-
Bid. Ask.
Briscoe 62 65
<’haimenj com .... 33
Packard com 21% 22%
Packard pfd 94 96
Chevrolet 350 500
Peerless 44 48
Continental Motors com .. 11% 12%
Continental Motors pfd 100 102
Hupp com 14 14%
Hupp pfd 99 102
Reo Motor Car 24% 25
Elgin Motors 8% ...
Grant Motors 9% 9%
Ford of- Canada 340 360
Hendee Mfg 45 59
United Motors 55 65>
National Motors 20% 22
Federal Truck T*> 72
Paige Motors 38 39
Republic Truck 4 46
ACTIVE C J. STOCKS.
(By Thomto < McKinnon.)
—Feo. 19- .
Opening -
Bid. Ask.
Anglo-American Oil 25 25%
Atlantic Refining 1350 1400
Borne-Scrj mser 430 450
Buckeye Pipe Line 77-. 93 4
cbespbroiigh Mfg. Cons.... 220 240
Continental Oil, Colorado... 430 500
| Cosden Oil and Gas 8% 8%
Crescent Pipe Line 34 36
I Cumberland Pipe Line 160 170
I Elk Basin Pete 8% 8%
Eureka Pipe Line 140 145
L Galena-Signal Oil, pref 96 99
Galena-Signal Oil, com 73 76
i Illinois Pipe Line 164 168
| Indiana Pipe Line 95 97
! Merritt Oil 18% 19%
I Midwest OU 1 % 2
; Midwest Rfg 150 152
i National Transit 29 31
i New York Transit 184 188
| Northern Pipe Line ... I*9 101
I Ohio Oil *..330 340
i I’enn.-Mex 55 58
; Prairie Oil and Gas 595 605
Prairie Pipe Line 230 240
S’apulpa Refg. 5% 5%
Solar Refining 340 360
Southern Pipe Line 150 155
South Penn. Oil 300 305
Southwest Penn. Pipe Lines. 93 97
Standard Oii Cos. of Ca 1.... 310 315
Standard OU Cos. of Ind (W 0 OftO
Standard Oil Cos. of Kan.... 590 610
Standard Oil Cos. of Ky 280 .’!>o
Standard OU Cos. of Neb.... 490 510
Standard Oil Cos. of N. .T 699 702
Standard Oil Cos. of N. Y 400 410
j Standard Oil Cos. of 0hi0.... 505 520
I Swan & Finch 95 100
! Cnion Tank Line 109 112
i Vacuum Oil 100 102
Washington Oil 30 40
Income Tax Facts
You Should Know
Bridegrooms are worrying as to how
they shall figure their Income tax. A
constant stream of inquiries from the
newly-weds is reaching the internal rev
enue officials. In many of these cases
both'the bride and groom were employed
tip to the wedding date; and the prin
cipal point on which advice is asked Is
as to whether the bride’s income must
be shown on the groom’s return.
The answer as given by tho interna,
revenue men is that all ot the earnings
and other Income of both the bride and
the groom for the year 1919 mqfst be con
sidered, even if it was all spent on
trousseau, diamonds, wedding trips and
bonbons. The fact that they were mar
ried on or before Dec. 31 Joins them for
the whole year, so far as InconSe tax is
concerned.
A bride of 1919 Is in duty bound to
figure up her income and to add it to
hubby's 1019 earnings to determine
whether an income tax return is re
quired. If the total was $2,000 or more,
a return must be made, in which case
both bride and groom may file separate
returns, or must file a joint return. The
latter method is preferred by the collec
tors, unless the aggregate net income of
both husband and ife is $.1,000 or over.
And they all want to know whether, al
lhough married only part of the year
1919, they are entitled to claim full ex
emption as a married couple. The an
swer is a decided yes; they are allowed
$2,000, plus S2OO for each dependent who
is under 18 cr who, through age, defect,
etc., is incapßble of self-support. This
exemption may be split in any propor
tions on the separate returns of husband
and wife, if they file that. way.
“And remember that March 15 in the
final date for filing returns and paying
income taxes,’’ is the warning that the
revenue men add to the above advice.
CHICAGO PRODUCE.
CHICAGO, Feb. 19.—Butter—Receipts,
5.276 tuus: creamery extra, 64c; firsts,
55@63c; packing stock, 35c. Eggs—Re
ceipts, 12.320 oases; firsts, 53c; checks,
35@38c; dirties, 4(J@44c. Cheese—Twins,
new, 27i£@28c; dairies, 30>,<i@31c; Young
Americas, 30<g30i£p; longhorns, 32@32t4c;
brick. 27%@28e. Live poultry—Turkeys,
40c; chickens, 34c; springs. 32c; roosters,
24c; geese. 27c: ducks, 36c. Potatoes—
Receipts, 30 cars; Minnesota, Dakota .and
Ohio, $4.30@4.50.
TAKES SHOES OFF IN COIRT^
KOKOMO, Ind., Feb. * 19.—Marlon T.
Stone, defendant in a prosecution In
which be is charged with burning the
homestead of his aged parents, Solomon
and Mary Stone, the night of Aug. 21,
1918, pulled off his shoes at the trial,
that measurements might be taken by
6hoe men before the jury, to show that
the measurements of the tracks made
after the fire found In a cornfield ad'
joining tho premises could not have been
imprints which ho had made.
Complete and Accurate Market Reports
| Local Stock Exchange j
STOCKS,
Bid. Aak.
Ind. Ry. ft Light com 55 52
Ind. Ry. * Light pfd 90 9?
Indpls. A Northwest, pfd 75
Indpls. & Southeast, pfd.... ... 76
Indpls. St. Railway 66
T. H„ T. A Light pfd 80 '...
T. IL, T. A E. com 5
T. H,I. &E. pfd 9% 1
L. T. of Ind. com <
U. T. of Ind. Ist pfd 4% 9
U. T. of Ind. 2d pfd 2
Advanee-Rumely Cos. com... 38
Ad vanee-Rumely Cos. pfd •••
Am Central Life 235
Am. Oreosoting Cos. pfd 97 ...
Belt Railroad com 105 •••
Belt Railroad pfd 53% ...
Century Bldg. Cos. pfd 100
Cities Service com - •••
Cities Service pfd ...
Citizens Gas Cos.. 1917 36
Citizens Gas .trior to 1917... 36% ...
Dodge Ml’g. Cos. pfd 98% ...
Home Brewing 50
Indiana Hotel com 70
Indiana Hotel p/d 99
Ind. National Life 4% ...
Ind. Title Guaranty......... 64 72
Indiana Pipe Line 93
Indpls. Abattoir pfd 49% 62
Indpls. Gas 53
Indpls, Tel. Cos. com 3
Indpls. Tel Cos. pfd 68 78
Lemeke Bealty Cos. prd 96
Mer. Pub. Util. Cos. pfd 55
National Motor Cos 20 23
Natl. Under writ. Cos
Public- Savings 2% ...
Kaub Fertilizer pfd 50 ...
Standard OU of Indiana.... 680 710
Sterling Fire Insurance.... 8% 9%
Stutz Motor Cos
Van Camp Hdw. pfd 99 ...
Van Camp Pack, pfd 100 ...
Van Camp Prod. Ist pfd 100 ...
Van Camp Prod. 2d pfd 100 ...
Vsndalia Coal com 6
Vandalia Coal pfd 11 13%
Wabash Railway com 8 ...
Wabash Railway pfd 24
BONDS.
Broad Ripp e 35..... 55 ...
Citizens Street Ky. 5s 81 83
Ind. Coke A Gas Cos. 65.... 94% 96%
Ind. Creek Coal A Min 6g... 98
Ind North 5s
Ind. Union Trac 6s
Indpls., Col. A South 5s 88 ...
Indpls. A Greenfield 5s 97 ...
Indpls. A Martinsville 5s 65
Indpls. A North. 6s 40 46
ludpls. A Northwestern 5s 65
Indpls. A Southeast 6s 34 4*
ludpls., Sheiby A 8. E. 55... 64
Indpls. St. Ry. 4s 59 65
Indpls. Trac. A Ter. 5 6* 74
Kokomo, M. A M. 65....1.. 83% 86
T. 11., 1. .A U. 5s 64
Union Trac. of Ind. tts.... 60 70
Citizens Gas 5s 82% 34%
Ind. Hotel Cos. 2d 64 99 101
Indpls. Gaa 5s 73 82
lud. L. A H. 5s SO 83
ludpls. Water 5s 91 93%
ludpls. Water 4%s 72 77%
M. H. A L. ref. 5s 89 93%
New Tel Ist 6s 93
New Tel 2d 5 98
New Tel Long Dls 5s 91
South. Ind. Power 6s 94% 90%
BANKS AND TRUST COMPANIES.
Aetna Trust 101 ...
Bankers Trust 115
City Trust 80
Commercial National 72% ...
Continental National 111% ...
Farmers Trust 390
Fidelity Trust U 6
Fletcher American Natl 237
Fletcher Sav. A Trust C 0... 167
Indiana National 2sß 296
Indiana Trust 206
Live Stock Exchange 382 ...
Merchants National 261
National City 111% 121
People’s State 170 ...
Security Trust 115
State Savings A Trust 91 94
Union Trust Cos 366
Wash. Bank A Trust Cos 131
LIBERTY BONDS.
Liberty 3s 96.6(1 96.78
Liberty first 4s 90.40
Liberty second 4s 90.10 90.20
Liberty first 4%s 91.00 91.20
Liberty second 4%s 90.56 90.76
Liberty thir l 4%s 93.00 93.20
Liberty fourth 4%s 90.90 91.04
Victory 3%* 97.68 97.88
Victory 4%s 97.76 97.88
SALES.
SIO,OOO Liberty fourth 4%5. 90 90
SI,BOO Liberty third 4%s 93 04
SI,OOO Citizens Gas bonds 5s 83.00%
$4,000 Citizens Gas bonds 5s 83.00
Local Bank Clearings
Thursday $2,947,000
Batae day last year 2,061,000
Increase over last year $ 886,000
Egg and Poultry Men
Meet Here in March
The sixth annusl convention of the In
diana Egg and Poultry association will
be held, at the Claypool hotel March 2
and 3. ’
William liOCks of Indianapolis, secre
tary of the association, declared today
that ho Is making preparations for the
biggest and best convention in the his
tory of the organisation.
Indiana shippers are expected In large
numbers and shippers from adjoining
states and have signified their intention
of being present.
Discussion of the spring outlook for
trade, a review of the foreign exchange
situation which is playing havoc with
export business and topics of general
trade interest will come before the con
vention.
Today’s Market Gossip
Copper imports in United States in 1919
were, 30,000,000 pounds less than 1918.
Minneapolis wires: “Cash wheat re
covered sllghtlv from earlv low. Now
s®loe lower; very Indifferent demand.
Corn market firm, about 1 cent up. Oat s
are strong; seems an unlimited demand
for all grades; prices 4@Sc over the fu
tures. Rye firm, quoted 1 cent over May.
Barley In good demand, unchanged to 1
cent higher.’’
Latest Danish butter enrgo Is now be
ing unloaded at New York. It contains
700,000 pounds and Is the largest butter
shipment to reach this country.
Chicago dispatch says that the falling
off In demand for fresh meats continues
to be reflected in local fresh pork mar
kets. Loins opened 1 cent lower and are
off 3 cents this week to 29 cents.
New York wire says that banks are
showing no disposition to put out time
money freely, although small loans are
made for shorter periods. Mixed money
Is 8% per cent bid for two to four
months loans and 9 per cent for Indus
trial accommodations maturing tn thirty
and ninety days.
Russell’s News says; “One' of the
largest local handlers of cash oats stated
he had purchased 1,000,000 bushels Cana
dian oats shipment opening of naviga
tion and that there was fully 5,000,000
bought thus far with further business to
be done. It’s said these oats figure about
7 cents cheaper than American oats
based on largo discount on Canadian
money."
Chicago wire says that commencement
of spring plowing and seeding in the
south, importation of Argentine corn, re
sales of grains by foreign countries, and
poor shipping outlets are some of the
reasons for expecting lower prices In
corn. Conservative operators believe the
small movement from the country Is a
good reason for causing many reactions
in tho downward trend.
New York wire says: “The railroad
hill is before congress and In the next
few years is going to be some
railroad history made in this country.
The bill itself may please some and dis
please others, but It is a settlement of
a serious problem and actual practice
will develop the necessity for changes,
and these can be made at any time. The
Important point is that the interestate
commerce commission is direoted by law
to make rates that will produce enough
revenue to make railroad operation profit
able. Every railroad stock quoted in
our market is selling far below Its
value and certainly far below the gen
eral level prevailing in the country to
day. I suppose most watered property
in the country could not be duplicated
today at existing costs for the amount
of securities outstanding.”
INDIANA DAILY TIMES, FRIDAY, FEBRUARY 20, 1920.
HOG PRICES GO
25 CENTS HIGHER
Market Largely Cleared of
8,000 Supplies oT Day.
RANGE OF HOG PRICES.
Good* Good Good
Mixed Heavy Light
160 lbs. 130 to
Feb Up. 725 ibs.
14 . $14.5015.50 $14.25015.00 $15.60® la. 0
16. 14.50015.50 13.75 015.00 15.50015.75
17. 14.00015.50 14.00015.00 15.50015.55
IS. 13.75015.25 13.50014.50 16.00015.50
19. 13.75015.00 13.50014.50 14.75015.35
20. 13.75015.00 13.50014.50 14.75015.50
Any difference in the hog market
"omphred with the Thursday trade was
interpreted as being In favor of the
selling side and there was a distinct
advance of 25c on a number of the hogs
averaging less than 275 pounds. Then*
were a number of buyers who preferred
to pay a premium of 25c over regular
rates for the assorted hogs, and the
actual sales showed a difference of 2;x.
in prices of many of the bogs that were
of the same average. The top price
for the lightest bogs, according to the
fixed schedule, was sls, but there were
numerous pales at $15.25 and there was
a top sale of $15.50. The hogs at $14.00
to $14.76 were steady, as were also those
averaging 276 pounds upward at $13..0
to $13.75, but those averaging 230 to 2(5
pounds at $14.25 were 25c higher in n reg
ular way. There was a strong market
for pigs, with sales of the fat backs as
high as sl6 and sows were higher, with
the best at sl3, but there were not mwy
higher than $12.60. There was a goild
clearance of the supply of 7,000 fresh and
1,000 layover hogs.
Cattle.
According to the views of must of the
traders In cattle the tendency of af
fairs was again tilted a little lu favor us
the buying side, and there were i. mini
her of observations Indicating turner an
unfavorable outlook fur the near fu
ture business. All kinds of kilting cat
tle have buffered a considerable loss In
price* so far this week, In isolated cases
probably up to $1 and rarely less than
60c. Female butcher cattle have de
clined more than steers and the loss In
prices of bulla has been about 60c. There
was a steady market for veal calves at
s2l down and also for the heavy kinds
from sll down. The demand for feeding
cattle was no better and prices were
weak.
Sheep.
The native lambs in the depleted sup
ply of fewer than 100 sold at $18.50, and
the good heavy ewes at $9.30. which was
considered steady with sales for the day
before. Buyers claim they will pay Chi
cago prices for the western fed stock.
CATTLE.
Steers
Prime cornfed ste'era. 1.300
lbs and up 112.75@13.00
Good to choice steer*. $.300
lb* and np 12.25(312.75
Common to medium steers,
1.300 lbs and up 11.75@12.23
Good to choice steers, l.iuo
to 1.200 lbs 11.00@12.00
Common to medium steers.
1.100 to 1,200 lb* 10.50@11.00
Good to choice steers, 900 to
1.000 lbs 9.50@10.50
Common to medium steers,
900 to 1,000 lbs 0(m 9.50
Good to choice yearlings.... 10.00(6(12.00
—Heifers and Cows—
Good to cholAe heifers 9.75411100
Fair to medium heifers 8.5046 9.50
Common light heifer* ".(KKii 8.00
Good to choice cows 8 5 >'.< 10.00
Flr to medium cows 7..Wtz 8.00
Csntiers and cutters 5,00'g 7.00
- Bulla and Calves
Good to prime export bul's . 9.254jJ 9.50
Good to choice butcher bull*. 8,6006 9.25
Bologna bulls 7.<*V<j; 8.00
Common to best veal calves. 14.06(1*21.00
Common to best heavy calves 7.004$ 12.00
Stockers and Feeding Cattle -
Good to choice steers, 800 ,bs
and up 10.001% 10.50
Common to fair steers, SOO
lbs and up 9.00t*i%50
Good to cholco ateers, under
800 lbs 9.50 J 10.00
Common to fair ateers, under
800 lbs 8 00@ 9.25
Medium to good cows fl.’.’.v.; 7.25
Medium to good heifers 7 0>,!) 7.5)
Fair to beet milkers 7564150.(0
Stock calves, 250 to 450 lbs... 7.00(0 10.00
HOGS.
Good to best heavies. 275 lbs
average up i • ; .
Good, 200 to 276 Ins avei'sge i :.75<5r{14.30
Medium and mixed, 150 lbs
and upward 13.75@t&.00
Good to choice hogs. L*) to
200 Ibs 15.006615.50
Common to good lights, down
to 130 lbs 14.7501500
Roughs and packers 11.006i 13.00
Bulk of sows 12 00£{12.50
Best pigs, under 140 1b5.... 14.50 down
lAght pigs 15.00 down
Bulk of good hogs 13.75® 15.25
SHEEP AND LAMBS.
i Good to choice sheep 9.00® 9 50
Common to medium sheep... 5.00® g.oq
| Good to choice yearlings 13.00® 14.00
! Common to medium yearlings 10.00@12.00
Western fed lambs 19.00M2j.00
Good to choice lambs 18,00®!8.50
Common to medium lambs... 11 on® 17 oft
Bucks, per 100 lbs 7.00® 8.00
Other Live Stock
CLEVELAND. 0., Feb. 19 —Hogs-Re
ceßjts, 3,000; market steady; yorkers,
$15.50; mixed, $15.50; medium, $14.25;
pigs, $15.50; roughs. $13.75; stags, $lO.
Cattle—Receipts, 300; market steady.
Sheep snd lambs—Receipts. 500; market
slow; top, s2l. Calves—Receipts, 200;
market steady; top, $22.
CHICAGO, Feb. 19. Hogs —Receipts,
30,000; market 25c higher; bulk, $13.85®
14.75; butchers. $14@14.90; packers. sl3
@13.25; light, $14@14.50; pigs, $13.25.-ft
$14.25; roughs, sl2® 12.50 Cattle Re
ceipts. 11,000; market steady; beeves,
$8.50@14; butchers, $6.50@13; canners and
cutter*. $5@7.75; stockers nnd feeders
$6.75@11.00; cows, $6.50@13; calves, $15.73
,@17.25. Sheep—Receipts. 7.000; market
■trong to 25c higher; lambs, $14.50@21.25;
ewes, s6@l4.
PITTSBURG, Feb. 19. Cattle Re
ceipts, light; market, steady; choice,
$13.75(814.75; good, $12.50(013; lair. $9.50®
11; veal calves, s2o® 21. Sheep and lambs
Receipts, light; market, lower; prime
wethers, $14@15; good, $ 12.50® 13.50 ; fair
mixed, $10@12; spring lambs, $13(821.
Hog*—Receipts, 10 doubles: market,
steady; prime heavies, $14.25'?/14.50; me
diums, $15.75@16; heavy Yorkers, $15.75®
16; light Yorkers. $16.75® 10; pigs. $15.75
@l6: roughs, sll @l3; stags, s9@lo.
EAST BUFFALO, N. Y„ Feb 19.—Cat
tle— Receipts, 200; market, fairly active
and steady; shipping steers. $13@15.50;
butcher grades, $9@12.75; cows, s4® 10.25.
Calves—Receipts, 250- market, slow 50c
lower; culls to choice, so@23. Sheep
and (lambs—Receipts, 4,000; market,
iambs slow, sheep active and steady ;
choice lambs, $21.50@22; culls to rair,
$16@20.50; yearliugs, $16@19.50; sheep,
s6@l6. Hogs—Receipts, 10,400; market,
slow to 50c lower; yorkers, $15.65(5)15.73;
pigs, $15.65@15.75; mixed, $15.65; heavies,
$15.25@15.GQ; roughs, $12@12.75; stags,
s9@lo. '
EAST ST. LOUIS, 111., Feb. 18.-Cat
tle —Receipts, 1,570; market, steady; na
tive beef $10.50(813.50; yearling
beef steer* nnd lMfers, $9.00® 13.50;
cows, $9.75(7011.75; stockers and feeders,
$9@11.75; ealres, sl6@lS; canners and
cutters, $4.25@5.50. Hogs—Receipts, 9,-
000; market, 5e higher on I medium and
heavies, 30@40c higher on lights; mixed
and butchers, $14@15.10; good heavies,
$13.75@14.35i rough heavies, $11.50@
12.50; lights, $14.85(815.25; plßs, $11.75®
15: bulk of sales, sl4® 15. Sheep—Re
ceipts, 1.300; market prospects steady;
ewes, $12@13.25; lambs, $20@20.50; can
ners and cutters, $5.50(50.
WHOLESALE PRODUCE.
Eggs—Fresh, 52c doz.
Poultry—Fowls. 30c:, springs, 30c;
cocks, 18c; old tom turkeys, 35c: young
tom turkeys, 2 lbs and up, 40c; young
hen turkeys, 8 lbs and up. 40c; cull thin
turkeys not wanted; duetts. 4 lbs up.
27c; ducks, under 4 lbs. 23c; geese, 10
lbs up, 22c; gulenas, 2-lb size, per doz,
$10; squabs, 11 lbs to doz, $6; capons,
7 lbs tp, 40e.
Butter—Clean packing stock, 33c lb;
fresh creamery butter in orlnts Is selling
at wholesale at 63c; in tubs, 62c.
Butter Fat— Indianapolis buyers art
paying 64c lb.
Cheese (wholesale selling prices)
Brick, 37c lb; New York cream, 38c;
Wisconsin full cream. 36c; Longhorns.
37c; limburger, 38c.
EXPORT ACTION
LOWERS GRAINS
Shipments From Argentine to
Europe a Factor.
CHICAGO, Feb. 20.—The grain market
on the Chicago Board of Trade suffered
a setback today. Heavy shipments of
grain to Europe from Argentine, caus
ing export-rs to drop out of the buying,
factored in the decline.
An appeal by Julius Barnes, head of
the United States grain corporation, for
wider use of grain corporation flour was
Interpreted us a bearish influence.
Provisions were Irregular.
February corn opened unchanged at
$1.42, but later advanced %c. March
corn, unchanged at. the opening, $1.41,
later gained %c. May corn opened up
%c at $1.34%, but lost %c thereafter.
July corn, $1.31% at the opening, up Vic,
lost Its gain later.
May oats was up %c at the opening,
So%c, but dropped %o lu later trading.
July oats, up %c at opening, 73%c,
lost %c later. ,■
CHICAGO GRAIN.
—Feb. 19-
CORN —Ooen. High. Low. Close.
Feb. 1.30 1.42 1.39 1.42 t 2%
Msy. 132% 1.31% 1.317% 1.34 fi%
1.32 1.83%
July 1.24% 1,31 1.28% 1.30% tl%
1.29 1.30%
OATS—
May. 79% 80% 79% 80% t %
79% 80%
July 72 73% 72 73 t %
72% 73%
PORK—
May. 34.90 34.90 34.75 34.75
.Toly 35.75 34.75 34 75 34.75
LARD
May. 21.42 21.42 21.25 21.30 • .07
July 21.82 21.87 21.70 21 77 • .10
RIBS—
May. 1847 18.55 18.47 18.55 t .05
July 18 97 19.05 18.95 19.03 t -05
•Decrease, flnerease over yesterday’s
close.
CHICAGO CASH.
CHICAGO, Feh. 19—Wheat No 3
hard Winter, $2 32: No. 3 northern spring.
$2 67. Corn—No 3 white, $1.51(31.62; No.
4 white, $L48@149; No. 3 yellow, $1.46%
@1.47; No 4 yellow-, f1.41@1.42%; No 4
mixed, $139%@1.41. Oats—-No. 2 whit*.
87 fa 88c; No 3 white, 86%@87%c; No, 4
white, 84@%86c.
TOLEDO CLOSE.
TOLEDO, Feb. 19. Com—No. 8 yellow, i
$1 54. Oats, No. 2 white. 92@93c. Bar
ley. No. 2, $1.39. Rye, No. 2, $1.68.
Cloveraeed rash and February, $35.60;
Mnreh, $35.35; April, $34.50; October,
S2O 70. Timothy (1917 and 1918). rash.
$6.50; 1919. cash. $0.70; Mar.-h, $6.72%;
April, $0.70; May. $0.05. Butter, 68c.
Eggs, 60c. Hay, unchanged.
PRIMARY MARKETS.
(Thomson A McKinnon )
Wheat. Corn. Oats, j
Chicago 10.000 274,000 315,000
Milwaukee ... 8.000 71.000 62.000
Minneapolis . 257.U00 39.000 60,000’
Duluth . ... 3,000 . I
8t Louis 25.000 96,000 112,0001
Toledo 18.0(a) i 000 !
Detroit 5,000 14,000
Kansas City.. 157,000 93,000 61.000
Peoria 7 000 111000 58,000 !
Orn.tha . .... 40,000 167.000 VI.OOO
Indianapolis . 7,000 87,000 52.000
Totals .... 623,000 939.000 772.000
Year ago .. 271.000 390,000 560,000
—Shipment*--
Wheat. Com. o*l*. ‘
Chicago 149,050 67.000 82,000 I
Milwaukee .. 8,000 14.000 37,000
Minn-apolls . 73.000 26,000 37,000
Duluth 4,000 3,000
Sf. Louis 60.000 112.000 110 000
Toledo 3,000 S,OOO 4,900
Detroit 2.000 4.000
Kansas City.. 143,<*> 26.000 29.000
Peoria 6,000 90,000 46.000
oniaha 1,000 14.900 9.000
Indianapolis . 6.100 25,000 16,000
Totals 460.000 386 000 370,000
Year ago .. 652,000 403,000 445,000
- C!earanees
I). Wheat l orn. Oat*. I
Philadelphia 34.000 :
Total* .-... 34,nu®
Year ago ... 401,000
INDIANAPOLIS CASH GRAIN.
, Feb. 19
Corn Firm: No 3 vt- $151%: No.
4 white, $1.49%® 152 No 1 yellow,
$1.45® 1.40% ; No 5 yellow, 81 42®3.41; |
No 6 yellow, Jl.iO.
Oat*--F'lrm ; No. 2 white, 99% ®92Ue. I
Ilav Firm; No. t tlmmay. *32®Je..Vi; i
No. 2 timothy, s3l @3160; No. 1 light
-rlover mixed. $31®31.50; No. 1 clovet
mixed, S3O 50®31.
- Inspection*--
Wheat No. 1 red, 1 ear; No. 3 red, i
1 ear; No. 4 red. 1 car; total. 3 car.
Corn No. 3 white. 4 cars; No. 4 white, 1
27 pars: No. 5 white. 1 car; No. 3 ycl- i
low, 1 car; No. 4 yellow, 27 ears; No. 5
yellow, 0 ears; No. 6 yellow. 2 rats'
sample yellow, 1 car; No. 5 mixed, 3
cars; ear, 1 car; total, 76 cuts.
Oats No. 1 will to. 13 cars; No. 2 white,
22 ra.es; No. 3 white, 4 cars; sample
white, 1 car; No. 1 mixed, t car; total,
41 cars.
Hay—No. 1 timothy. 1 car: standard
timothy, 2 cars; No. 2 timothy, 2 cars;
No. 1 clover mixed. 3 cars; total, 8 cnr>.
Straw—No. 1 wheat, 1 car; No. 1 oats,
2 cars; total, 3 cars. ,
WA%ON MARKET.
The following are the Indianapolis
prices of hay and grain by the wagon
load;
Hay—Loose timothy, $51®33 a ton:
mixed, $.30®32: clover, $30®33.
Corn--$1.66®51.60 a bushel.
Oats— 90®92c bushel.
Straw—Wheat. $S®9 ton: oats. sU@ls
WAGON WHEAT TRICES.
Indianapolis elevators and mills are
paying $2.40 for No. 1 white, $2.37 for
No. 2 and $2.34 for No. 8. All other
grades according to supply.
NEW YORK METALS.
NEW YORK, Feb. 19.—Copper— Firm;
spot and February offered 10c; March,
18%@19e; April offered THU'- Lead-
Firm; spot, February and March, BTs@
9c. Spelter Firm; spot, February ana
March, 8.75@9e; April, May and June,
9(5 9.15 c.
+
Weather in Other Cities
Station. Bar. Temp. Weather.
Atlanta, On 30.20 40 Clear
Amarillo, Tex 29.66 4S PtCldy
Bismarck. N. D 31.34 4 Cloudy
Boston, Mass 30.Q2 18 Clear
Chicago, 111 30.14 26 Cloudy
Oihelnnati, 0 30.20 26 PtCldy
Cleveland 0....... 30.20 10 Clear
Denver, (*OIO ...29.58 36 Clear
Dodge City, Kas... 29.66 34 PtCldy
Helena. Mont 30.22 10 Snow
Jacksonville, Fla.. 30.22 50 Clear
Kansas Cltv, M 0... 29.82 3* PtCldy
Louisville, Ivy 30.18 30 PtCldy
Little Rock, Ark... 30.04 60 Clear
Los Angeles, Cal... 29.84 52 Cloudy
Mobile, Ala 30.14 52 Cloudy
New Orleans, La... 30.12 52 Clear
New York, N. Y... 30.16 22 Clear
Norfolk, Yt> 30.30 28 Clear
Oklahoma City.... 29.6$ 52 Cloudy
Omaha, Neb 29.90 34 PtCldy
Philadelphia, I’a .. 30.26 20 Clear
Pittsburg, Pa....... 30.26 16 Clenr
Cortland, Ore 29.80 32 Clear
Rapid City.. S. X) .. 30.02 24 Snow
Roseburg, Ore 29.74 26 Clenr
San Antonio, Tex. 29.92 58 Cloudy
San Francisco, Cal. 29.82 46 Clear
St. Louis. Mo 30.02 32 PtCldy
St. Paul, Minn 30.16 22 Cloudy
Tampa, Fla 30.22 50 Clear
Washington, D. C. 30.28 22 Clear
Observations taken at 7 a. in., Feb. 20,
1920, by United States weather bureaus.
WEATHER CONDITIONS 7 A. M.
A depression nmv rovers most of the
region from the North Pacific to the
southern plains section, and has oc
casioned extensive precipitation In the
far west and northwest, and higher tem
peratures generally to the eastward over
the Mississippi und Ohio valleys and lakes
region. It is considerably colder again
from the Dakotas and Montana north
ward, however, due to a field of high
barometric pressure now advancing over
middle-western Canada; but the readings
there are only slightly below the normal
for the season, although ranging from 3
above to 14 below zero.
J. P. ARMING TON,
, Meteorologist.
On Commission Row
Cut-off mustard greens from Texas re
ceived. Thesa were priced at $2.50
a bushel.
Mangoes In trunks received from Flor
ida point. Dealers quoted them at $6.50
in trunks and 60c In small baskets.
Car Imperial Valley California spinach
was an arrival. This, dealers say, is of
unusually high quality. Selling at $3.50
a crate.
Cranberries are higher. Howe’s now
priced at $9.50 a barrel, up sl, and the
bushel lots at $3.50, up '25 cents. Season
on cranberries Is cleaning up. dealers re
port, but demand holds firm. This ac
counts for the new price, they say.
TODAY’S TRICES.
Apple*—ln barrel*: Extra fancy Red
Jonathan*, sl2; extra fancy Grimes
Golden, $11; Baldwin*. $8,507 Greenings,
$9; Hubbsrdson, s9@ll; Jonathan*. s9®
10.50; Rome Beauties, $8.50®10.50; Kings,
$9; Winesaps, $10; Maine Northern, $10:
Wealthy, $8; Work Imperial*. $0; Ktn
ualrd Favorites, $6; Grime* Golden, No. 1
grade, $9. In boxes: Rome Beauties,
80s to 150s, $3.50; Grime* Goldens, 96s to
175*. $3.50; Delicious, 80s to 150s. $4.30;
Yellow Ortley. 72s to 1625, $3.50@3.74;
SpitzenDerg. -0 to 150s, $3.0%
Bananas--Pound, 7%e.
Bean* - Michigan navy. In bags, per lb.,
8c; pinto, 7%c; ltmas, 15 Vic; black-
C v<9 go
Beets—-65-lb. bags, $1.75.
Cauliflower—Crate, $2@2.25.
Cabbage—Old, lb., 6c; new, 6®i7e.
Carrot*—Basket. 40 lbs., $2; new crop,
dozen bunches, $1 50.
Celery—California, crate. 7 to 10 dok,
$8; Michigan, $3.75; Florida. $5@5.50
crate.
Cranberries—32-lb box, $3.50; bid.,
$9.50: %-lmrset box, $5.
Cucumbers- Hothouse, Davis, doz, $3;
box 2 doz. $5.50.
Figs New, in boxes, 50 pkgs, 6oz 55c;
24 pkgs, S-oz, $3.50; 12 pkg>, 10-oz. $2.25;
10 lb. layer. $3.25: Smyrna, box. II lbs
$4.20; Spanish, box 2 lbs. $5.50,
Excelsior Dates Tbree-duz pkgs, $5.75.
(.srlle Pound, 30<-
Grapefruit—Extra fancy, Florida*, $4 50
®4.i5; fancy F'loridas, $4®4.25.
Oripe*--Franc/ Imoorted. Americas, in
keg*, 40 lb* net, sls® 10; Emperor*, keg,
Honey—Comb, new. case* of 24 caps,
$7.75; extracted, 60-lb tins, 22c; South
American, dark extracted, 16c lb.
Lemons—California*, standard box, $6
06.50.
lettuce—Leaf, lb, 16(018c; Iceberg,
crate 4 do*, $3<g.3.25
Mangoes-Florida. 2 do* basket. 0e
Oranges—California, navel, box. $4.75®
5.75; Sunklst, $3.2506.50; Florida, $6.25
® 6 50.
Nuts—Filberts, lb. 29®32c; English
walnuts, 37®40c; chestnuts, 35c; pecans.
80c. 50c, 70c: Braxlls, 28c; almond, 33®
36c; shellback hickory, 10c.
Onions—White, cwt. $7; yellows, $6;
western. $6 26; Spanish Imported, 0 lb
crate, $2.50; shallots, 85c.
Pineapples—Crate. $503.50.
Popcorn —Pound, io.
Potatoes Bakers fanev, cwt. $5.50;
northern white, ss®ldaho Gems, $6.
Rage Fancy, doz, 50c
Spinach—Bushel. $225®2 50.
Strawberries—Quart box. 65®75c.
Sweet Potatoes-. Eastern Jersey, bu,
$3 25; Nancy llslls, $2 25.
Tomatoes—Grate. 6 baskets. $5.50®0.
Turnip*—6o-lb basket, $2.75®3; new
crop, $1.50 do* bunches.
Cotton Census
Report Issued
WASHINGTON, Feb. 'iff -Census re
port for period Aug. 1 to Jan. 31, shows
for 1920 and 1919, respectively:
Cottonseed—Received at mills, exclud
ing reshlpmenu, 3,435 202 and 3.600,333
tons. Crushed. 2,905,836 and 2.824,629
tons.
Product* manofatured Crude oil, 900 •
759,540 and 915.003,640 Refined oil, H.
333.046 and 605.223,232 pound*. Cake and
meal, 1,356,926 and 1,382.691 tons Hulls,
823,506 and 667,177 tons Lliv.er, 401 733
and 683,658 bales. Hull fibres, 96,817 and
66.364 bale*
Stocks —Jan 31: Seed (at plants, 473,-
181 and 846,142 tons. Crude oil. 189.872.-
815 and 137,463,339 pounds. Refined oil,
240,432,240 and 232,026,985 pound*.
New Issue 6% Real Estate
Tax Exempt Stock Security I
WE OWN AND OFFER
Buschmann Building Company
/ 6% Tax Exempt
Real Estate Preferred Stock
Dated February 19, 1920 SIOO Shares
Exempt From State and Local Taxes in Indiana
and From Federal Normal Income Taxes
$40,000 Preferred Stock $35,000 Common Stock
Fletcher American Company, Registrar, Trustee and Transfer Agent. Div
idends payable quarterly—February 1, May 1, August 1 and November 1.
• Price—Par and Accrued Dividend. x
Yielding 6% to the Investor.
MATURITIES
$4,000 February 1, 1922 $4,000 February 1, 1927
$4,000 February 1, 1923 $4,000 February 1, 1928
$4,000 February 1, 1924 $4,000 February 1, 1929
$4,000 February 1, 1925 $4,000 February 1, 1930
$4,000 February 1, 1920 $4,000 February 1, 1931
With the proceeds, the Buschmann Building Company has acquired own
ership in fee simple to the property located at the southwest corner of
Eleventh street, (140 ft. frontage) and College avenue (160 ft. frontage),
which secures this issue.
The property has been appraised by Mr. W. A. Young of the Fletcher Sav
ings and Trust Company, at $90,600.
August Buschmann and Sons, Incorporated, wholesale dealers in plumbing,
have leased the property from the Buschmann Building Company at an amount
equal to the preferred stock retirement and dividend requirements.
This issue has been surrounded by proper safeguards which make it, in
our opinion, a soilnu tax exempt investment.
We will he pleased to supply details of the issue upon request.
Legality of this issue has the approval of Messrs. Smith, Remster, Horn
brook and Smith.
Fletcher American Company
Capital $1,500,000
* Indianapolis
Main 4551 Auio. 346-341
Wholesale Meats
Smoked meats shown call for discount
of %o lb for order of 150 of one Item;
260 Ibs and over discount of %c lb.
PORK.
HAMS—
Regular. 14 to 16 lbs .33%
Skinned. 12 to 14 lbs., .35%
Fancy boiled jsi
BACON—
Fancy breakfast, 5 to 7 lbs.. .48
Sugar cured, 11 to 16 1b5.... .30
Sugar cured square* .26%
Fancy sliced, 1-lb cartons... .65
PICNICb—
Sugar cured, 5 to 7 Cb* .24
SALT MEAT—
Dry salt jowl butts .18%
LARD —
Refined, tierce basis .24
Open kettle, tierce basis .25*
FHESH PORK—
Spa re ribs .21
Shoulder bones .08%
Tenderloins .52®54
Dressed hogs 2(4
Light loins, 7 to 9 lbs .29%
Extra light loins, 4 to 6 lbs. .30%
F'xesb boneless butt* .31
Boston butts .26%
Skinned shoulder* .24
SAUSAGE—
Breakfast, In 1-lb cartons..., .30
Standard, fresh bulk .1.8%
F'rankfurls, hog casings -19%
XRESU BEEFS,
Medium steers, 400 to 500 lb*. .16%
No. 2 heifers .16
Native cows 16®16
Medium cows .14%
LOINS—
No. 3 M
. RIBS—
No. 2 .37
No. 3 J
ROUNDS—
No. 3 .20
No. 2 .22
CHUCKS—
No. 3 .15 1
PLATES—
No. 3 .12
VfcAL.
CARCASSES—
No. 1 quality 24®27%
No. 2 quality 516%@19
Demand Sterling
Gains at Opening
NEW YORK, Feb. 19.—1n the first half
hour sterling demnnd rose to $3.41 after
opening at $3.40%. Franc* opened at
13 87, up 23 centimes. Lire 18.02, up 13
centime*. Marks also showed a slight in
crease at .0105.
COFFIELD and HERDIRICH
(Established 1914)
CERTIFIED PUBLIC ACCOUNTANTS
, INCOME AND PROFITS TAX CONSULTANTS.
AUDITORS SYSTEMATIZERS
BUSINESS ADVISERS
Suite 851 Lemeke Annex v fiflain 6477
CENTRAL STATES AGENCIES
Incorporated under the lew* of the State of Indian*
Financial Brokers and Underwriter*
Market Price Paid for Liberty Bond*
Phones U^bt: 7 127 E. Market St., Indianapjlii
— —— '
I. ■ * ■[ j L.J-w-l
Money to Loan on Mortgages
STATE LIFE INSURANCE CO.
Grains Drop Off on Strength j
of Bearish News.
DROP IN MEATS
FALSE ALARM
Decline, Heralded to Appear,
Has Not Materialized.
CHICAGO, Feb. 20. —Prices of meat, ex
pected to tumble the early part of 1920.
have not started their downward trend
yet, according to_£gures compiled yester
day by the United States bureau of mar
kets here.
The only drop in either wholesale o r
retail prices of meats during the last
year, came early last autumn, according
to the bureau's reports. At that time
the wholesale prices declined sufficient
to allow a general decline of abont 5
cents a pound In 811 except the best
grades of pork and beef.
LARD ONLY PORK
PRODUCT TO DECLINE.
Practically the only pork product to
show a marked decline since Jan. 1,
according to the bureau, is lard, which
is now selling cheaper than the majority
of the vegetable substitutes.
In order to make up for th** decline m
lard quotations, packers were forced to
ralso-prlees on cuts for which the great
est demands were made, the bureau re
ported.
Comparative wholesale prices trf meats
burnished by the bureau follow:
.Tan. 2. ’2O. Feb. 18. ’2O
Good beef, cwt. s2o®s23 $18.50®521.00
Ccws, cwt sls®Blli $14.50®516.50
Pork loins, lb 2313.24% .26%<@k30
Shoulders, lb 10rg.20% ,20€.2
SURPLUS HAS NOT
CAUGHT UP WITH DEMAND.
The general opinion voiced by both
packers and butchers was that a sharp
decline in m>*at prices could be expected '
ns a result of the lack of export demand.
However, the surplus In this country 1*
not sufficient vet to force any marked
drop, they stated.
IIOOKLF.T ISSUED.
“An Important. Message” is the tltls
of a neat booklet issued by Breed, El
liott A Harrlscn, Investment banker*,
oeecriptlve of the new xsne of 6 per
cent preferred stock of the People*
Building Company.
The cardinal points of interest of the
issue, together with a list of the suc
cessful real estate securities Breed, El
liott ft Harrison have bundled, compose
the text matter.
17

Indiana daily times. [volume], February 20, 1920, Home Edition, Page 17, Image 17
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Indiana daily times. [volume], February 20, 1920, Home Edition, Page 17, Image 17 About Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922

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Indiana daily times. [volume], February 20, 1920, Home Edition, Page 17, Image 17
About Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922