Indiana daily times. [volume], June 16, 1920, Home Edition, Page 10, Image 10

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

Image provided by: Indiana State Library

                
10
FARMS—FOR SALE OR TRADE.
FARMS for •xchange, 40. 80. 180, 200
aerea for rentals or merchandise; all
kinds of deals. "Write me your wants.
STAUFFER REALTY CO..
Seymour. Ind.
OFFERINGS BY THE STORES.
Prompt Attention to Mail
Orders.
LADIES* AND MEN’S
PANAMA
AND
LEGHORN HATS
Cleaned .and Blocked.
New Process.
INDIANAPOLIS
HAT BLEACHERY
GEO. H. MULLER, PROP.
Main 6179. 28 Kentucky Are.
INDIANAPOLIS
Match Your Coat
/ \ with a pair ot / i \
I TROUSERS | I
\ **
1 j / THE PANTS \ /
1 / STORE CO. 11l
[JjJ Two Store* l. oJ
& Ift 48 W. Ohio. ft
W V 110 E. Market
TAILORS AND CLEANERS^
H. G. FITE
Practical Tailor and Cutter
Dry cleaning, pressing and repairing;
ladles* work a specialty; work called for
and delivered. North Capitol avenue and
Ohio street. Automatic 2C-641.
J. SCHWARTS, tailor and cleaner. SI
Kentucky avent’e. Main 2C7S.
DETECTIVES. ' j
Quigley-Byiand Agency
Civil and Cri ~inai Investigators
tl-E2> Law bldg Main 2OS
MISCELLANEQU SALE.
A_jus Drop-Head Singer. SlO.
yVK*TIN other bargains. 51.06 per
nr IT* week. All makes RK
hjr PAIRED. HEMSTITCH
.. j I J ING while you wait. 10c
PER YARD
WHITE SEWING MACHINE CO..
Main 600; Auto. 2S-216. SI2 Mass. Ave.
m .Mail ’Em In
O.G.KlugekP.D.
k L'/ 136 South Meridian
V V Main 325.
\v Steel tape repairing
BUY pants direct from th* maker. We
make them to your measure from $7.50
up. LEON TAILORING CO.. IJI East
New York.
RECORD AND PLaVeIK ROLL EX
CHANGE. TUTTLE MUSIC SHOP.
201 INDIANA AVE.
MISCELLANEOUS—WANTED.
WE WILL BUY IT.
If you have any household goods or
office furniture to sell call a buyer from
the largest, best and best rated used fur
niture store in the state.
BAKER BROS.
Auto. .23-166. Main 3466.
„ SELL IT
to the largest and best rated used furni
ture store la the state.
BAKER BROS
Anto. 23-166. Main 3466.
LEW SHANK
pays best prices In city for household
goods and fixtures of all kinds. 227 North
New Jersey street. Main 2023.
WE will buy and pay spot cash for the
furnishings of good homes, up to 31,006.
BAKER BROS.
IF your clock Is not running phone Circle
4307. M. K. BHKARN. ill North Ala
bama.
~~~HOUS EH OLD GOODS.
Gas Ranges
A large selection of nearly all standard
makes in both high and low oven styles,
318.50 up.
Refrigerators
Good sound boxes, cleaned and tested;
all sizes at about half price.
Good Rugs
Room size and extra large ones, hall
runners and carpets; the very best In
Indianapolis at about half the new prices.
Fine Furniture
Anything you need; every piece made
like new at half the new price. Better
goods and cheaper prices than you will
find elsewhere.
USED GOODS STORE
THE FINE STORE
424 Mass Ave.
REFRIGERATORS.
300 used Ice boxes and refrigerators; all
good and guaranteed; all standard makes,
such as Alaska. Bohn Siphon. McCray.
Herrick Automatic, New Iceberg, Dr.
Price, Gibson's Star, Gurney and others.
All sizes and the price averages about
one-half the cost new.
BAKER BROS.
213 Ksst Washington St.
Furniture
GAS STOVES.
OIL BTOVES.
Cheaper here and easier terms. KROOT
A BQN. 609 W. Washington St.
23 GOOD cabinet gas ranges at prices
from 315 to 327.30. Cash or payments.
BAKER BROS.
MUSICAL INSTRUMENTS.
Weiler Upright
piano in late style mahogany case, big
value at 3225; payments 32 per week.
E. L. Lennox Piano Cos.
GOOD piano and Italian harp. Rent or
sell. 14 South New Jersey.
HORSES AND VEHICLES.
JOSEPH HAAS
pays highest prices for dead horses, cows
and hogs. Call Main 1039. Auto. 33-771
MILK wagon, horse and harness, cheap;
sell separate. 1120 Holliday, near
Shelby.
FRESH cow and calf for sale. Two blocks
east of Arlington avenue on Twelfth st.
PET STOCK AND POULTRY.
AIREDALE. 4 months old; reasonable.
Prospect 4048.
COAL AND WOOD FOR SALE.
POCAHONTAS M. R IS 28
KENTUCKY LUMP 39 25
ILLINOIS LUMP $7 75
INDIANA LUMP 7 2 5
L. H. BAIN COAL CO.
MAIN 3531. MAIN 2151.
TRANSFER AND STORAGE.
Gl77K\>7 STORAGE CHEAPEST
\V/ RATES IN CITY. CALL
I \{ US. Everything at rea
sonable price. Packed.
lIJ II shipped anywhere,
o Locked room If desired.
20 West Henry. Main 4639.
BAGGAGE
called for and delivered to all parts of
city. TRACTION TERMINAL BAGGAGE
CO., 113 W. Wabash street Main 1293.
Main 3439. Auto, 21-231.
CALL SHANK for the Dost service m
hauling, packing, shipping and storage.
227-223 North New Jereey St. Main 20.v<.
O. K. TRANSFER CO. for local and ovei
land hauling. 938 E. Washington St.
Prospect 3282.
large rnuriu
from small expenditure follow Real
Xstate advertising In “Want Ad*' oolnmoe
at The Times.
LEGAL NOTICES.
GUARDIAN'S SALE OF REAL ESTATE.
By virtue of an order of the probate
court of Marion county In the state of In
diana. the undersigned, guardian of Me
lissa Keller, an infirm person, will at the
Cumberland bank In the town of Cumber
land. Indiana on Saturday the 26th day
of June. 1920, at the hour of 10 o’clock
In the forenoon of said day and from day
today thereafter until sold, offer at pri
vate sale for not less than its full ap
praised value, certain real estate belong
ing to said Melissa Keller, described as
follows, towlt:
Part of the north half of the southwest
quarter of section 10, township 16 north,
of range 5 east of the second principal
meridian In Marion county. Indiana, de
scribed as follows, towlt: Commencing at
a point ?.81 chains south of the northwest
corner thereof; thence east 40 chains;
thence south 7.94 chains; thence west 40
chains; thence north 7.80 chains to the
place of beginning.
Also the northwest quarter of the south
east quarter of section 10, township 16
north, of range 6 east of the second prin
cipal meridian in Marion county, Indiana,
except, however, the following described
tract, beginning at the southwest corner
thereof; thence neTth 2.12, half chains;
thence east 20 chains; thence south 2.12,
half chains to the southeast corner there
of; thence west 20 chains to the place of
beginning, except also all legal highways.
Said sale will be made subject to the
approval of said court and on the follow
ing terms and conditions:
At least one-third (1-3) of the purchase
money cash in hand and the balance in
two equal installments, payable respec
tively In not to exceed nine and eighteen
months from day of sale; such deferred
payments to be evidenced by notes of the
purchaser bearing interest at six per cent
from date, waiving relief, providing for
attorney's fees and secured by mortgage
on the real estate sold.
Said sale to be made subject to taxes
for 1920. payable In 1921 and subject to
the rights of the present tenant.
Dated this Bth day of June. 1920.
EDWIN C. HUNTINGTON,
Guardian.
WILLIAMS & SCHLOSSER.
Attorneys for Guardian.
819-22 Peoples Bank Bldg., Indianapolis,
Indiana.
June 9 and 16.
NOTICE TO TAXPAYERS OF
INDIANAPOLIS.
Notice is hereby given that the Board
of School Commissioners of the City of In
dianapolis has filed with the State Board
of Tax Commissioners of Indiana a peti
tion for authority to issue 350.000 of 43*
per cent "School Building Bonds," the
proceeds of which are to be used for the
purchase of additional school grounds.
A public hearing of said application will
be held at the office of the State Board of
Tax Commissioners, in the State House, In
dianapolis. Indiana, at 10 o’clock a. m.,
Wednesday, June 23, 1920. All taxpayers
and all persons interested are notified to be
present at said hearing.
BOARD OF SCHOOL COMMISSIONERS
OF THE CITY OF INDIANAPOLIS.
GEORGE C. HITT.
Business Director.
June 9. 192 C.
NOTICE.
Notice Is hereby given that the town
ship trustee of Center township. Marlon
county. Indiana, located at 412 Saks
building, will, on the 30th day of June,
1920, until 10 o'clock a. m. on said date,
receive sealed bids for six hundred (600)
tons, more or less, of Indiana Fourth Vein
four-inch shaker screened lump coal, free
of slate and other Impurities, to be de
livered by wagon as ordered by the trus
tee to places within Center township.
Trustee reserves the right to reject any
or all bids that prove to be unsatisfactory
to him. WILLIAM H EVANS.
Township Trustee Center Township,
Marlon County, Indiana. '
June 16 and 23. 1920.
ANNUAL meeting of stockholders of the
Standard Saving and Loan association
for the election of seven directors to serve
for one year, and all other matters of
business that may come before It; to be
held Tuesday evening. July 6. at 121 vast
Market street. LEE WOLF, president.
LAWRENCE WILLHOFF, secretary.
FINANCIAL.
to*> can
BORROW MONEY
SO CHEAP
and on nrh easy term* of repayment
from the Fidelity Loan Company, a li
censed and bonded Arm. for uso In paying
Overdue bills or to buy the things you
peed for CASH at BARGAIN PRICES
that every one should take advantage of
ur service.
IeUAiSS ON FURNITURE
520.00 to 5300.00
It legal rates, on short notice and without
publicity. We give you all the time you
tfr.nt to repay a loan and only charge for
toe actual time you have the money. Fair.
Isn't It?
1 ou Can Afford to Borrow
On 5 40 pay 52 a month and Interest
On 5 60 pay 53 a month and interest
On j 1 00 pay 55 a month and interest
pay uohe any time and reducej
THE COST.
IN YOUK iItALALF
Ae are on tne Job eight hours a day. and
through personal contact and personal
lervlce. plus a deep personal Interest, wi
can serve you and your irlends as you
Irish to be served. In these unusual times,
tustness friendships, clone relations, mu
tual understandings and co-operation ara
seal astets to all of ur. We are leady to
to three-fourths of the way. Now it la
ip to you.
FIDELITY LOAN GO.
106 E. Market St.
Room 532 Lemcke Bldg.
Main 117*. Auto. J7-7SX.
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. Prea
Third floor. Law Building.
Second Mortgage
Real estate loans made on good farms
and Improved city properties. GIB
HALTER FINANCE COMPANY. 108 M.
Delaware street. Main IGIB.
INSURANCE In all branches. AUBREY
D. PORTER. 918 Peoples Bank Bldg.
Main 7049.
WE MAKE second mortgagee on farm or
city property. AETNA MTG. AND INV.
CO. Main 7101. 608 Fidelity Trust Bldg.
LOANS ON DIAMONDS; 3H% Pr month.
BURTON JEWELRY CO.. 63 Monument
INSURANCE in all branches. AUBREY
D. PORTER. 916 Law bldg. Main 7048
j Today’s Market Gossip
STOCKS—Weakness in General Motors
was attributed to holders of stock sell
ing against the rights.
Royal Dutch has organized the Matador
Petroleum Company in Wyoming to take
over the Rocky Mountain holdings of the
Roxana Petroleum Company and the
Shell Company of California, according
to a Denver dispatch. Both of the lat
ter companies are subsidiaries of the
Dutch Shell group. Holdings of the
Matador company extend throughout Wy
oming. Colorado, Montana. North Da
kota. Idaho, Nevada, Arizona and New
Mexico.
Twenty representative industrials at
the elose of business Tuesday showed an
average of 91.68, a decline of .07; while
t wen tv representative rails averaged 69.92,
off .27.
ACTIVE OIL STOCKS.
(By Thomson & McKinnon.)
—June 10—
—Opening-
Bid. Ask.
Anglo-American Oil 23 24%
Atlantic Refining r"T.1200 1300
Bornc-Scrymser 440 473
Buckeye Pipe Line So 87
Chesobrough Mfg. Cous 220 230
Continental Oil, Colorado.. 110 V2O
Cosden OU and Gas 7 7%
Crescent Pipe Line 29 32
Cumberland Pipe Line 130 140
Elk Basin Pete 8 8%
Eureka Pipe Line 98 101
Galena-Signal OH, pref 90 95
Galena-Signal Oil. com 46 50
Illinois Pipe Line 155 160
Indiana Pipe Line 80 S9
.Merritt Oil 15% 16%
Midwest Oil 1% 2
Midwest Rfg 145 147
National Transit 25 27
New York Transit .153 100
. Northern Pipe Line 93 98
Ohio Oil 295 300
Oklahoma r. & R 7% 7%
Penn.-Mex 42 45
Prairie Oil and Gas 555 570
I’rairie Pipe Line 208 211
Sapulpa Refg 5 5%
Solar Refining 325 350
Southern Pipe Line 113 118
South Penn. OU 275 285
Southwest Penn. Pipe Lines. 64 68
Standard Oil Cos. of C 1 313 318
Standard Oil Cos. of Ind 665 675
Standard Oil Cos. of Kas 540 560
Standard Oil Cos. of K.v..... 370 385
Standard Oil ('a, of Neb 425 475
Standard Oil Cos. of N. V:.. 375 380
Standard Oil Cos. of Ohio 425 4'kl
Swan & Finch 80 9<A
I’alon Tank Line 107 . ill
Vacuum Oil .../. 370 380
Washington OU 25 30
SHARP UPTURN
IN SPECIALTIES
Chemical Shares Respond to
Proposed Merger.
NEW YORK, June 16. —There tvns an
improved tone to dealings In the stock
market at the opening today, initial
prices showing upturns ranging from
fractions to over 7 points.
Business continued light, however.
Barrett Company shares were promi
nent, quickly running up 7ft points to
149. Crucible Steel rose 3ft to 148 u
and Vanadium Steel 2ft to 54% Steel
common at and Raid win at 11 <*4
showed fractional improvement.
Little was doing in the oil, motor or
railroad- groups.
The proposed chemical merger brought
substantial advances in stocks of this
group. . . ..
There was more outside Interest to the
trading during the forenoon, and many
of the specialties and leading Issues were
in demand at advancing prices. Steel is
sues all rose about one point, while sugar
stocks were up from 1 to 2 points and
some of the railroad issues were in de
mand.
The market closed steady with govern
ment bonds unchanged and railway nnrl
other bonds steady.
Total sales, 379,400 shares; bonds.
$18,698,000.
MOTOR SECURITIES.
(By Thomson & McKinnon.)
—June 16 —
Bid. Ask.
Briscoe 5 J 5 *
I Chalmers com 3 o
Packard com 20ft -Ift
Packard pfd
Chevrolet 2SO 509
i Peerless 2 <M *8
Continental Motors com 9ft 10
Continental Motors pfd 05 97
Hupp com 17 ,17ft
Hupp pfd 07 162
Reo Motor Car 21st 22ft
l Elgin Motors 7ft 8 n
Grant Motors 6ft
Ford of Canada 680 408
United Motors 5. bO
Nalional Motors 16 20
Federal Truck 29 31
Paige Motors 29 31
Republic Truck 78 81
CHICAGO STOCKS.
(By Thomson & McKinnon.)
—June 16-
Open. Close.
Carbide and Carbon 64ft 64ft
; Libby
Stewart-Warner I*® ft 140 ft
Swift & Cos 107 ft lOift
Swift International 36ft 36
! United Paper Board 23', ...
Armonr pfd. t’jU
American Leather 15 * ‘s4*
Montgomery-Ward 4 soft
National Leather lift lift
NEW YORK CURB.
(By Thomson & McKinnon.)
—June 16 —
—Closing-
Bid. Aik.
! Curtis Aero, com I
Curtis Aero, pfd 40 i0
Cent. Te.'esz Sugar •• •••
Sub Boat 12ft IJft
i First National Copper ft Ift
Havana nTobacco 1 3
Havana Tobacco 1
Cos rib 1*
Tutnbo Extension *
International Petroleum 33ft 35
Nlplssing £ft ®ft
Indian Packing Cos _&ft ®
Houston Oil 0 80
Royal Baking Towder ISO 135
Royal Baking Powder, pfd,. 80 8o
Standard Motora Bft 9ft
General Asphalt ‘3ft i4V*
Salt Creek 32ft 33
Touopah Extenalon }% Jft
Tonopab Mining Ift Ift
,U. S. Light and Heat 2ft 2ft
iU. S. Light and Heat, pfd... 2
Wright Mmln 3 6
World Film ft ft
Yukon Gold Mine Cos 1 Ift
Jerome £l6 ft
; New Cornelia 16 JJ
United Verde 30 •
Texas Chief 11 l* l
Sequoyah ft £
i "mar “ft
. Prod, and Ref . •••
Local Stock Exchange
STOCKS.
—June 15
Bid. Ask.
Ind. Ry. ft Light com 55 ...
Ind. Ry. * Light pfd
Indpls. A Northwest, pfd.... . <,*
’ndpls. ft CvUtheast. pfd <>
Indianapolis Street Railway.. 53 60
T. H.. 1. ft E. pfd I 5
T. H., I. ft E. com 1% 4
T. H.. T. ft Light pfd 50
U. T. of Ind. com
U .T. of Ind. Ist pfd 10
U. T. of Ind. 2d pfd..., 2
Advance-Rumely Cos. c0m.... 32 ...
Advance-Rumely Cos. pfd
Amer. Central Life 235
Amer. Creoaoting Cos. pfd... 97
Belt Railroad com 100 ...
Belt Railroad pfd 47
Century Building Cos. pfd... 98
Cities Service corn 324 ...
Cities Service pfd
Citizens Gas Cos 28 ...
Dodge Mfg. Cos. pfd 99% ...
Home Brewing 55 •••
Indiana Hotel com 60
Indiana Hotel pfd 94
Ind. National Life 4% ...
Ind. Title Guaranty 63
Indiana Pipe Line 84 92
Indpls. Abattoir pfd 47 54
i Indianapolis Gas 48 54
Indpls. Tel. Cos. com 2
Indpls. Tel. Cos. pfd 75
Mer. Pub. Util. Cos. pfd 53
National Motor Cos 15 22
Public Savings 2% ...
Rauh Fertilizer pfd 50
Standard OU Cos. of Indiana 065 ...
1 Sterling Fire Insurance 8%
Van Camp Hdw. pfd....... 07
Van Camp Pack, pfd 97
Van Camp Prod. Ist pfd.... 97
Van Camp Prod. 2d pfd 97 ...
Vandalla Coal com 5
Vandaila Coal pfd 10
Wabash Railway com
Wabash Railway pfd
BANKS AND TRUST COMPANIES.
j Aetna Trust 100
Bankers Trust 118
City Trust 82 ~
Commercial National 65
Continental National 112
Farmers Trust 200
Fidelity Trust 120
Fletcher American National 257
Fletcher Sav. -4 Trust C 0... 163
Indiana National 275 280
Indiana Trust 195
. Live Stock Exchange 382
Merchants National 271
National City 114
People's State 176
Security Trust 120
i State's Savings ft Trust... 86 02
| Union Trust Cos 340 370
Wash. Bank ft Trust Cos 140 ...
BONDS.
I Broad Ripple 6s 45
| Citizens St. Ry. 5s 72 60
Ind. Coke & Gas Cos. 6s 90 ...
j Ind. Creek Coal & Min. 65.. 98
1 Ind. Northern 5s
Ind. Union Traction
Indpls. & Col. South. 6s 88 06
Indpls. ft Greenfield 3a...'... 90
Indpls. ft Martinsville 55.... 58
| Indpls. ft North. 5s 34 40
I I ndpls. & Northwest. 5s 60
1 Indpls. ft Southeast. 5s 44
Indpls., Shelbyv. ft S. E. 5s ... 90
Indpls. St. Ry. 4s 55 60
Indpls Trac. ft- Ter. 5 81 88
T. H.. I. ft E. 5s
j Union Tract, of Ind. 6s 65
! Citizens Gss os 72 82
Ind. Hotel Cos. 2d 6s 90 100
Ind. Gas Cos. 5s 72 80
Indpls. L. ft H. 5s 75 82
j Indpls. Water 5s 87% 92
Indpls. Water 4%s 70 80
! M. H. ft L. ref. 5s 94
New Tel. Long-Dlst. 5s 95% ...
South. Ind. Power 6s 90
LIBERTY BONDS.
Liberty 3%s 92.00 92.40
Liberty first 4s 85.40
Liberty second 4s 84.70
Liberty first 4%s 85.70 80.10
Liberty second 4%s 85.30 85.64
Liberty third 4%s 88.80 85.20
Liberty fourth 4%s 85.50 85.84
Victory 3%s 95.40 93.82
Victory 4%s 95.50 95.80
| Local Bank Clearings
W'ednesdny $3,461,000
Same day last year 2,653,000
Increase over last year $ 806,000
ret, i Tf*' *Jj *1 ▼ T 'fv **' ' ■*
JULY CORN RISES
TO CROP RECORD
September Deliveries Also at
New High Mark.
CHICAGO, June 16.—Trading in grains
was light on the Board of Trade today
and prices closed slightly higher on quick
absorption of the few offers made.
The market lagged in early trading and
prices dropped flora 1 to 2 cents, but re
covered on prompt buying.
July corn sold at the highest price on
the current crop, and September corn
and oats made new highs on the crop
in the final hour, after strength in the
spot markets had encouraged the bulls,
who were cautious early, to begin buying
aggressively.
The close was weak and sharply under
the best prices of the day, however.
Around midsession prices had worked
to lower levels under profit-taking sales.
But when local professionals became ac
tive on the bull side, many early sellers
were forced to seek cover as stop
loss orders were disclosed.
On today’s advance July corn was 9
cents above Monday s lotf' price, and
September 10 cents above.
At the close July corn was lftc higher
and September up lftc to ftc. July oats
finished ft® ftc lower, and September at
a decline of ftc.
The provision list finished higher, pork
gaining 20@25c, lard 22ft@30c. and
ribs 25@32fte.
CHICAGO GRAIN.
—June 16—
CORN—Open. High. Low. Close.
July 1.78 1.79% 1.76% 1.78% tl%
Sent 1.68% 1.71 ft 1.67 ft l.Ußft tlft
OATS—
July 1.04 1.04 ft 1.03 1.03 ft •ft
Sept 85 86% 84ft Ssft •ft
P July 34.95 34.75 34.73 1 .20
Sept 85.75 36.35 35.75 35.05 * .25
L Julv _ 2o.7o 21 00 20.65 20.95 t 23
Sent 21.55 21.07 21.55 21.92 t .30
K July 18.20 18.47 18.15 18.47 t .27
Sept 19.05 19.45 19.05 19.45 t 33
•Decrease, flncrease over yesterday's
close.
(By Thomsou & McKinnon.)
, —June 16—
Rather favorable weather map was re
sponsible early for expectation of lower
prices In corn by some of the local trade.
The entire character of the market was
changed later under stimulus of a sharp
demand for current receipts of corn from
shippers, both here and in the south
west.
The cash market i* healthy to the ex- i
tent that the demand is broad and is not
confined to industries, as heretofore.
This new demand from the outside is
probably due to the rather thorough
cleaning up of ail supplies and a belief
that the present week will see the finish
of the present movement from the coun
try.
Contract grade* are selling 10 to 11
cents over the July delivery, and whlto
corn of the deliverable sort is another
5 cents higher.
With these premiums firmly estab
lished and practically no prospect of any
heavy movement the deferred deliveries
should continue their upward trend.
Cooler temperatures and beneficial
rains over the northern portion of th
oat t>elt have detracted from the Interest
in the market.
Today's action was a reflex of corn.
There is a distinct scarcity of avauanle
supplies, not only here hut In eastern
consuming centers. Contract grade* sold
as high as #1.20, and us In corn, the car
situation prevents any free movement
from the country, even If the offerings
were llberni. which they are not.
In some quarters sentiment is bearish.
This sentiment Is born of the fact that
no such prices at the Inception of the
new crop ever were known before. We
believe this to be an Incorrect view for
the reason that facilities for transpor
tation will be no better during the sum
mer than at present and because the
producer will te distinctly reluctant In
parting with the new crop at some 85
cents tinder the price which he has been
obtaining for the remnant of the crop.
Increases in warehouse accumulations
of provision* w-ere offset by strength in
hogs and grains, and by some talk of
foreign trade In Sard. This market prob
ably would quickly feel any falliug off in
receipts of hogs.
CHICAGO CASH GRAIN,
CHICAGO. June 16.—Wheat No, 2 red.
$2.9.5; No. 3 red. $3; No 3 mixed, .*2.90;
No. 4 hard winter. $2.70, Corn -No. 2
mixed, $1 *74*l 92: No 2 white. $1 95*81.97 I
No. 2 yellow, $1.91; No, 3 mixed. *1.90;
No. 3 w hite, $1.94; No.' 3 yellow, $1.90
Oats—No 2 w hite. $1.16%® i 20; No. 3
white, $L13%@1.19.
TOLEDO CASH GRAIN.
TOLEDO, 0., June 18.—Close: Com
—No. 3 yellow, cash. $1.92. Oats—No. 2
white, rnsb, $1.24® 1.25. Bariev—No. 2
cash, $1.62. Rye—No. 2 cash, $2.32. A1
stke—Cash, $26.25; October. $27.25; le
--cf-ml>er. $26.2.5. Clovprseed Cash, $25.
Timothy—l9l7 and 1918, caah, $5.50; 1919.
cash. $5,70; September, $6.10: October
and December, $5.90; March, $6.
PRIMARY MARKETS.
(Thomson ft McKinnon)
—June 16—
Receipts-
Wheat. Corn. Oats.
Chicago 40,000 493,000 230,000
Milwaukee .. 4,000 78.000 14.009
Minneapolis . 156,000 11,(XX) 17,000
Duluth 173,000
St. Louis ... 78,000 99,000 26.000
Toledo 19,000 4,000
Detroit 3,000 3.0(0 9,000
Kansas City.. 99,000 20.000 5,00(1
Omaha 43,000 122.000 16,000
Indianapolis... 7,000 125,000 58,000
Totals 608X0 > 910.000 9,000
Year ago... 310,000 562,000 906,000
—Shipments—
Wheat. Corn. Oats.
Chicago 135,000 92,000 500,000
Milwaukee .. 6,000 13 000 66,000
Minneapolis . 132,000 41,000 68,000
Duluth 3,000
St. Louis .... 41,000 95,000 63,000
Toledo 6,000
Kansas City. 207,000 35,000 10.000
Omaha 48,(M)0 98,000 20,000
Indianapolis... 21,000 14,000
Totala 578,000 395.000 821 000
Year ago .. 407,000 404,000 581,000
—Cleurnnces-
Dom. W. Corn. Oats.
New York... 22,000
Boston 26,000
Totals 45.000
Year ago... 247,000 56,000
INDIANAPOLIS CASH GRAIN.
—June 16—
Corn—Strong; No. 3 white, $2.02%.
Oats—Strong: No. 2 white, $1.22%®
1.23%; No. 3 white, $1.20%®1.22%.
Hay—Firm; No. 1 timothy, $41®41.50;
No. 2 timothy, *40®40.50; No. 1 light
clover mixed, $40@40.50; No. 1 clover
mixed, $39.50®,40.
—lnspections
Wheat—No. 2 red. 1 enr; No. 3 red. 1
cur: No. 4 red, 1 car; total, 3 cars.
Corn—No. 2 white, 4 cars; sample
white, 1 car; No. 2 yellow, 8 cars; sam
ple yellow, 1 car; No. 2 mixed, 3 cars;
No. C mixed, 1 car; sample mixed, 1 car;
total, 19 cars.
Oats—No. 2 white, 2 cars; No. 3 white.
3 cars; total, 5 cars.
Hay—No. 1 timothy, 1 car; No. 1 clo
ver hay, 1 car; total, 3 cars.
Straw—No. 1 oats, 1 car.
WAGON WHEAT PRICES.
Indianapolis elevators and mills are
paying $2.70 for No. 1 wheat. $2.67 for
No. 2 and $2.64 for No. 3. All other
grades according to quality.
HAY’ MARKET.
The following are the Indianapolis
prices of hay by the wagon load;
Hay—Loose timothy, $28032 a ton;
mixed. $25028; clover, $35030; tsale,
$25030.
Predicts Cattle at
S2O by November
CHICAGO, June 10. —Higher meat
prices in the near future were predicted
today by Everett C. Brown, president of
the National Livestock Exchange, at the
annual meeting of that organization.
"I predict that top cattle will sell at
S2O a hundred by Nov. 1,” he said.
"Mutton, however, may drop in price.”
HOGS HOLD FIRM
ON BRISK DEMAND
Cattle and Sheep Steady—
Calves Work Lower.
RANGE 1 OF HOG PRICES.
Good Good Good.
Jui>" Mixed. Heavy. Light.
10. $14.75 @15.00 $14.75 @15.00 $14.75@15.00
11. 14.50@16.00 14.00 @14.50 14.75@15.00
12. 15.00@ 15.40 14.75@15.00 15.25@15.40
14. 15.50 15.50 15.50
15. 15.50 15.50 15.50
16. 15.25@ 15.50 15.00 @ 15.50 15.50
Receipts, 10,000, with 700 left over;
market firm.
A brisk demand ruled in the hog mar
ket today, but. an increase of several
thousand bead ib available supplies made
it possible for buyers to fill their orders
at practically the level of Tuesday.
Prices of the beat light hogs were un
changed in the early dealings, while the
mixed and henvv grades were inclined
to ease off a trine.
Later, however, the market stiffened,
and while heavy hogs steadied, sales of
light weights were made as high as 10
cents above the prevailing level of the
previous day. The bulk of good hogs
went at $15.50.
Desirable grades of pigs were fairly
plentiful, with the price about 50 cents
lower.
Sows also were a little lower, ranging
at $i1@12.75.
Cattlo-
Receipts, 1,000; market steady.
Good steers continued to meet with a
firm buying demand, but the market for
common grades of cattle was slow and
prices were lower.
Calves.
Receipts, 800; market 50e@$l lower.
A further recession was effected in the
veal section, with the best calves selling
at sl4 50®15.50.
Several fancy calves were sold at sl6.
Sheep and lamb*.
Receipts, 250; market steady.
Trading was quiet and prices un
changed In the mutton section.
lIOGB.
Best light hogs, 100 to 250 lbs
average 15 50
250 to 300 lbs average 15.25@15.50
Over 300 lbs average 15.00i7i;15.50
Best pigs, under 140 1b5.... 12.00(313.00
Pows 11.00fjt12.75
Bulk of good hogs 15.50
Top 13.60
CATTLE.
—STEERS—
Prime corufed steers, 1,300 lb*
and up 15.50@16.50
Good to choice steers, 1,300
lbs and up 14.60@15.50
Good to choice steers. 1,100 to
1,300 lbs 13.50@14.50
Good to choice steers. 1,000
to 1,100 lbs. 13.50@14.00
Saving
3 Hours
53
Minutes
on Every
Bushel
of Corn
2076
Common to medium steers,
900 to 1,000 lbs 10.00® 12.75
—Bulls and Calv^o —
Good to choice butcher bulls. 9.C")®10.50
Bologna bulls 7.5G® 9.00
Light common bulls 6.“5® 7.50
Choice veals 14-50(315.50
Good veals 13.00@14.50
Medium veals 11.00@13.(b>
Lightweight veals 9.00@11.03
—S.ockers and Feeding Cattle-
Good to choice steers, 800 lbs
and up 10.00@13.00
Common to fair steers, SOO
lbs and up 9.00@10.00
Good to choice steers, under
800 lbs B.oo@ 9.00
Common to fair steers, under
.800 lbs 7.25® 8.25
Good cows 7.25® 8.03
Medium to good cows 6.25® 7.00
God heifers 8.75® 9.75
Medium to good heifers 7.73@ 8.25
Good milkers 100.00® 125.00
Medium milkers 60.00®100.00
Stock calves, 250 to 450 lbs.. 6.75@10.75
—Heifers and Cows—
Good to choice heifers 12.50@10.00
Medium heifers 11.501314.00
Common to light heifers 10.00@12.75
Choice cows 10.50@12.50
Good to choice cows 9.00<11.00
Fair to medium cows 7.50@10.00
Canners T.OO® 1 9.00
Cutters 6 00® 8.00
PIIEEr AND LAMBS.
Good to' choice sheep fl.OO® 7.00
Fair to good sheep 5.50® 6.50
Common to medium sheep.... 5.00@6.00
Bucks 4.50® 5.00
Good to choice yearlings... 8.00®10.00
Good to choice clipped 5.00@ 7.00
Goodito choice spring lambs.. 12.00@16.00
Other Live Stock
CHICAGO. June 16.—Hogs—Receipts,
21,000; market 25c higher; bulk, $14.50®
15 43; butchers. $14.49@15.30; packers,
$13.25@14.25; lights, $U.95@13.50; pigs.
$11.73@14.25. roughs. $12.75®13.25. Cattle
—Receipts, 8,000; market slow and weak:
beeves, $16.25@17.13; butchers. $7.00®
14.59; canners and cutters, *4.75@7/i0;
Stockers and feeders, $7.25®1'2 40; cows,
$13.50@15. Sheep—Receipts. 11,000; mar
ket 25@.W- lower; lambs, $11@I1.50;
ewes. $5.75@8.25
EAST BUFFALO, June 16.—Cattle-
Receipts. 550. active, steady; shipping
steers, $15®17.25: butcher grades, sfi@
5; cows, 84@11.75. Calves—Receipts,
1.000; msrket slow, lc down; culls,
choice, s3@l6. Shesp and lambs—Re
ceipts. 1,200; market slow; choice lnraiis,
slß@lß 50; cull* to fair, $13@17.73;
yearlings. $14®16; sheep, ss@lo. Hogs—
Receipts. 2.400; market slow, 25c to 85c
lower; yorkera. 516@16.23; pigs, sl4 50:
mixed. sl6lo® 16.25: heavies L $1550®
16; roughs, $11@12.50; stags, s7@9.
EAST ST LOUIS, June 16—Cattle-
Receipts, 4.500; market steady, native
In the Cotton Markets
NEW YORK, June 16—After a quiet
opening, 2 points higher to 7 points
lower, the cotton market turned stronger
this morning and In a few minutes rose
about 17 points on further covering by
Wall street and local interests, due to
reports that the belt Is beginning to
need rain In some sections.
At the end of the first fifteen minutes
the list was firm at a net gain of about
12 points.
The market broke in the late afternoon
under heavy selling. The close was
fairly steady, at a net decline of 25 and
35 points.
Open. High. Low. Close.
July 37.95 38.12 37.60 37.60
October 34.90 35.18 34.58 34.59
December 33.70 34.03 33.25 33.25
January 33.00 33.20 32.55 32.58
March 32.50 32.80 32.05 32.10
NEW ORLEANS, June 16.—Cotton fu
tures opened 4 to 9 points lower and ad
vanced 15 to 27 points on reports of lack
of rain in some parts of the belt. Heavy
selling appeared later, carrying prices 25
to 45 points under opening levels. The
market closed steady, 27 to 54 points
lower.
LIVERPOOL, June 16.—Spot cotton
quiet; prices irregular. Sales, 4,000
bales. Futures steady.
beef steers, s9@l3; yearling beef steers
and heifers, $10@15; cows, __sß.2s@U;
Stockers and feeders, $9(510.75; calves.
$12@14.75; choice veal calves, sl2®
14.75; canners and cutters, $4.25@7.
Hogs—Receipts, 9,500; market 20c to 25c
higher; mixed and butchers. $10.30®
15 65: good heavies, $15@15.25; rougn
heavies, $11.20@12.75; lights sl§.3o(ffi
K>.t,s. nigs, $10@14; bulk of sales, $15.20
@16.20. Sheep—Receipts. 6,000; market
prosoe'-ts Rt<?idY; ewes, $9((19.50; lambs,
$15.50(316.50; canners and cutters, $5@S.
CINCINNATI, June 16.—Ilogs—Re
ceipts, 3,000; market steadj_to 50c high
er; medium and mixed, $15.75; light, sls.
Cattle —Receipts, 400: dryfed steady;
gra*sy dull: cows 25@50c lower; bulls
weak; calves, sls. Sheep—Receipts,
2.600; steady.
PITTSBURG. June 16.—Cattle—Re
ceipts, fair; market steady; choice, sl6®
1C 50; good, $15@15.50; fair, $14@15; vea!
calves, sl6® 17. Sheep and lamba—Re
ceipts. light: market steady: prime
wethers, $10@10.50; good. $8.50®9; fair
mixed, s7@9; spring lambs, $12@17.
Hogs—Receipts, 20 double decks; market
lower; prime heavies, $15.25@15.50; me
diums. $16.40@16.50; heavy yorkers,
$16.40@16.50; light yorkers. $15@15.25;
pigs. >14@14.50; roughs, $10@12.50; stags,
jsiffS 50
CLEVELAND, June 16.—nogs—Re
ceipts, 2,500; market higher; yorkers,
$15.85; mixed, $15.85; medium. sl4 75;
pigs $13.50: roughs. $11.75; stags, $8.50.
Sheep and lambs—Receipts. 400; market
slow; top, $17.50. Calve*—Receipts, 700;
market lower; top, *l6.
MR. Frank D. Gardner in Success
ful Farming says that, with
man power, from plowing to feed
trough it takes four hours and thirty
four minutes work to raise one
bushel of corn. The use of power
machinery has reduced this to forty
one minutes, thus enabling one man
to do the work of six.
The importance of this saving of
time may be realized when we learn
that for 1920 lowa is short 50,000
farm hands. Similar conditions are
reported from the Middle West
generally. This presents a serious
problem.
The answer is gasoline power used
in tractor, truck, and automobile.
The food supply of the future de
pends upon gasoline.
Last year the Standard Oil Com
pany (Indiana) provided the Middle
West with power for 16,438,000
motor miles a day. Much of this
went to the farms tc help multiply
the crops. Much of it was used in
motor trucks to help the farmer get
his crops to market
The demand for gasoline was great,
and the Standard Oil Company
(Indiana) was ready with the sup
ply. That silent, watchful readiness
was based upon the foresight and
resourcefulness of an organization
trained to its task through years
of experience.
The manufacture of gasoline is not the sole
function of the Standard Oil Company
(Indiana). Equally important is its service of
placing the gasoline where the consumer can
get it easily and quickly.
More than 1,300 Service Stations and over
7,000 tank wagons and trucks are operated by
the Standard Oil Company (Indiana) to make
gasoline and lubricating oils constantly avail
able for increasing the 1920 crops.
Standard Oil Company
(Indiana)
910 So. Michigan Ave.. Chicago. DU
Foreign Exchange M ■'
Market Holds FiK
NEW YORK, June 16.—Foreign H
change quotations were firm at the man
ket opening today.
Demand sterling opened at 3.94 ft, un
changed; franc checks, 12.87, up 15 cen
times; lire checks. 17.27, up 40:
demand, .0245; cables, .0250; Canadiai
dollars, .8685.
WHOLESALE PRODUCE.
Wholesalers are paying the following
prices In Indianapolis for eggs, poultry
and packing stock butter:
Eggs—Fresh, 37c.
Poultry—Fowls, 28c; broilers, Ift to
2 lbs, 50c; cocks, 17c; old tom tur
keys, 30c; young tom turkeys, 12 lbs and
up, 35c: young hen turkeys, 8 lbs and up,
Ssc; cull thin turkeys not wanted; ducks,
4 lbs and up, 22c; ducks, under 4 lb a
18c; geese, 10 lbs and up, 18c; squabs, 11
lbs to doz, $7.50.
Butter —Clean packing flock, 33c Ib;
fresh creamery butter, id prints. Is sell
ing at wholesale at sD@toc; in tubs, 68<v
Butterfat —Indianapolis buyers are pay
ing 60@61c.
Cheese (wholesale selling prices)—
Brick. 29@30c lb; New York cream. 33c}
Wisconsin full cream, 34@35c; longhorn*,
84@35c; limburger, 38e.
CHICAGO PRODUCE.
CHICAGO, June 16.—Butter—Receipt*,
14,191; creamery extra, 55ftc; standard,
55c; firsts, 50@54ftc; seconds, 43@45e*fl
packing gtock, 38@40c. Eggs—Receipts,
31,717; miscellaneous, 36@3Sc; ordinary
firsts. 34ft@35ftc ; firsts, 38@40c : stor
are. 41ft@42fte: checks, 24@2Sc; dirties,
2S@3oc. Cheese —Twins (new), 24ft@
25c; daisies, 25@26c; young Americas,
23@26fte; long horns, 26@26ftc; brick,
27 @27 ftc. Live poultry—Turkeys. 35c;
chickens, 30ftc; springs, 40c; broilers,
45@55c: roosters. 18c; geese, 20c; ducks,
32c. Potatoes —Receipts, 22 cars; Min
nesota, Dakota, Ohio, $5@C (old).
CLEVELAND PRODUCE
CLEVELAND, 0., June 16.—Butter—<
Creamery, in tubs, Go@6oftc; extra
fancy, 59@59fte; firsts. sS@sSftc; print#
lc higher; second*, 65@56e: packing, 30a,
Egge—Fresh gathered extra, 47c; fresk
extra, 40c; northern Ohio, fresh new
cases, 44c; old cases, 41ft@42r; western
firsts, 41c. Poultry—Capon chickens, 45c$
light fowls, 36@37c; extra, 40c; broilers,
50@55c.
NEW YORK METAL MARKET.
NEW YORK, June 16.—Copper—Quiett
spot, June and July offered, 18ft;
August offered, 18%. Lead —Nominal;
spot to August offered, Bft. Spelter-
Easy; spot and June, $7.35@7.60; July
and August, $7.35@7.50; September, $7.40
@7.50.