Indiana daily times. [volume], July 08, 1920, Home Edition, Page 8, Image 8

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

Image provided by: Indiana State Library

                
8
STOCKS RESUME
UPWARD SWING
Business Broadens on Decline
of Call Money.
NEW YORK, July 8. —The stock mar
ket opened with a resumption of the
upward moTement today, and business
was as widely distributed as in the previ
ous session.
Opening gains ranged from fractions
to a point or more, with the largest
gains in American Locomotive, Vana
®um, Pan-American, Stromberg, Balti
more & Ohio and others.
Less important gains were established
In Baldwin, Steel common. Corn Prod
ucts, Republic Steel, General Motors and
Middle States Oil.
Railroad shares showed a fair degree
of Interest and fractional gains were
made in a number of issues.
By the end of the first fifteen minutes,
farther gains were established.
Stromberg featured the trading, rising
3% points to 86.
Additional gains were made in United
States Rubber and other stocks.
Vanadium became reactionary after
the initial advance, dropping IV* to 89%*.
Cmcible gained 1% to 161.
The call money renewal rate got down
to 7 per cent.
The market showed a strong tone
throughout the forenoon with dealings on
a fairly large scale. There were some
reactions caused by heavy profit taking
sales.
Further selling by traders early in the
afternoon had little effect on the market.
Mexican petroleum rallied a point from
its early low. Railroad and coal sto'ks
held strong, Pittsburg & West Vir
ginia moving up to 30%.
WMys-Overland "was one of the most
active stocks on the list.
New strength developed in the fourth I
hour and a number of speculative lead
ers made new highs on the move. Cru
cible advanced to 162V* and Vanadium
rallied from 89*4 to 92%. Baldwin ad
vanced to 126%.
The market closed irregular, profit-tak
ing sales causing reactions of 1 to 2
points in some issues in the final deal
ings, although other shares held most of
their gains.
Steel common fell % to 95 and Re
public Steel over a point to 97%. Pan-
American Petroleum declined nearly a
Point to 107% and Mexican Petroleum
lost over a point at 196%.
The rails held most of their early
Strength. Reading closing at 87%.
Government bonds finished unchanged,
and railway and other bonds steady.
Ttal sales of stocks were 797,300
■bans; bonds, 311,421,00.
(By Thomson & McKinnon.)
—July 8—
Compared with the last month's dull
ness, today’s market could easily be
classed as broad and active, though there
was a loss In volume as compared with
yesterday.
Further progress was made in advanc
ing values, hut It is quite noticeable that
•a Influential percentage of the profes
sional element Is contesting the advance,
basing their action, no doubt, on the
uncertainties that prevail In the money
market, and although today's renewal
rate was lower than yesterday, there
still Is a lack of confidence as to the
sufficiency of credits for any Important
and broad market operations.
A market such as we have, with exist
ing monetary conditions, calls for a con
servative attitude, which is not at all
inconsistent with optimistic views.
It is merely necessary to keep con
stantly In mind the limitations of the
money market, and therefore limit lines
in accordance with conditions and In
proportion to individual, ability to
promptly meet banking requirements as
emergencies arise.
Values are at a reasonably low level
and a higher one is Justified. This
probably will be attained in due course,
even though accompanied with more or
less irregularity.
MOTOR SECURITIES.
(By Thomson & McKinnon).
—July B.
-Opening-
Bid. Ask.
Briscoe 47 50
Chalmers com 2 5
Packard com 18% 19
Packard pfd 86 88
Chevrolet . 300 500
Peerless 34 36
Continental Motors com 10 10%
Continental Motors pfd 96% 98%
Hupp com 16 16%
Hupp pfd 97 101
Reo Motor car 21% 21%
Elgin Motors 8 8%
Grant Motors (1 6%
Ford of Canada 383 385
United Motors 45 60
National Motors 16 19
Federal Truck 30 32
Paige Motors 28 30
Republic Truck 45 50
ACTIVE OIL STOCKS.
—July 8—
(By Thomson & McKinnon.)
Bid. Ask.
—Opening—
Anglo-American Oil 23 23%
Atlantic Refining 1150 1200
Borne-Schrymser 425 475
Buckeye Pipe Line 84 86
Ohesebrough Mfg. Cons 220 230
Continental Oil. Colorado.... 115 118
Cosden Oil and Gas 7% 7%
Crescent Pip Line 24 29
Cumberland Pipe Line 155 165
Elk Basin Pete 7% 6%
Eureka Pipe Line 100 103
Galena-Signal Oil. pref. new 90 93
Galena-Stenal Oil. com 42 45
Illinois Pipe T.ine 150 155
Indiana Pipe Line R 4 87
Merritt Oil 15% 16%
Midwest Oil 1 2 *
Midwest Rfg 146 149
National Transit 26 27
New York Transit 155 160
Northern Pipe Line 90 95
Ohio Oil 275 280
Oklahoma P. & R 7 7%
Penn.-Mex 42 45
Prairie Pipe Line 195 200
Sapulpa Refg 5% 6
Solar Refining 340 360
Southern Pipe Line 120 125
South Penn Oil 265 275
Southwest Penn Pipe Lines. 64 68
Standard Oil Cos. of Cal 310 314
Standard Oil Cos. of Ind 650 660
Standard Oil Cos. of Kan. 300 525
Standard Oil Cos. of Neb.... 420 450
Standard Oil Cos. of N. Y.... 381 359
Standard Oil Cos. of 0hi0.... 420 440
Swan & Finch 50 75
Union Tank Line 100 110
Vacuum Oil 375
Washington Oil 27 33
CHICAGO STOCKS.
(By Thomson 6c McKinnon).
—July B.
Open. High. Low. Close.
Armour pfd. ... 92% 92% 91 91
Car. and Car .. 67 67% 67 67%
Huppmoblle ... 17% 17% 17% 17%
Libby 12% 13 12% I.}
Mont-Ward ... 34 34% 34 34%
Nat. Leather ... 11% 11% 11% n%
Sears-Roebuck .203 203 203 205
Stewart-Warner 42% 43% 42% 43%
Swift Sc Cos 108% 108% 108 108%
Swift Inter 37% 37% 37% 37%
NEW YORK CCRB.
(By Thomson & McKinnon)
—July 8—
Bid. Ask.
Curtis Aero com 4 6
Curtis Aero pfd 40 70
Sub boat 12 13
First National Couper % 1
Goldfield Con 9 11
Havana Tobacco 1 1%
Havana Tobacco pfd 5 10
Jumbo Extension 4 6
International Petroleum 35 36
Niplsslng 8% 9
Indiana Packing Cos 8% 9
Royal Baking Company 120 130
Royal Baking Powder pfd 80 90
Standard Motors 8 9
Salt Creek 33% 34%
Tonopah Extension 1% 1%
Tonopah Mining 1% 1%
United P S new 1% 1%
U. 8. Light and Heat 2% 2%
U. S. Light and Heat pfd 2 3
Wright-Mattin 2 6
World Film % %
Yukon Gold Mine Cos 1 1%
Jerome % %
New Cornelia 16 17%
United Verde 30% 32
Bequoyah % %
Omar 4% 4%
Republic Tire 2% 2%
NEW YORK METAL MARKET.
NEW YORK, July 8. —Copper—Firm;
spot offered at 18%c; July, 18%@13%c;
18%®18%c; September. 18%®
Bd —■Firm; spot and July offered
Spelter—Quiet; spot and July,
0; Aufnat. Septem-
Octobif, $7 00g57.£5.
I
Indianapolis Securities
STOCKS.
—July 8—
Bid. Ask.
Tractions—
Ind. Ry. & Light com 55
Ind. Ry. & Light pfd 95
Indpls. & Northwest pfd 75
Indpls. & Southeast pfd 15
Indpls. Street Railway 53 G 2
T. H., I. & E. com 1% ...
T. H„ I. & E. pfd 0% ...
T. H„ T. A L. pfd 60
U. T. of Ind. com 1
U. T. of Ind. Ist pfd ... 10
U. T. of Ind. 2d Dfd 2
Miscellaneous—
Advance-Rumely com
Advance-Rumely pfd
Araer. Central Life 235
Ainer. Creosoting Cos. pfd.. 91
Belt Railroad com 76 85
Belt Railroad 48% ...
Century Building Cos. pfd... 98
Cities Service com 1.
Cities Service pfd
Citizens Gas 29 35
Dodge Mfg. Cos. pfd 99% ...
Home Brewing 55
Indiana Hotel pfd 91
•Indiana Hotel pfd 91
Ind. National Life 4% ...
Ind. Title Guaranty 63 70
Indiana Pipe Line 82 89
Indianapolis Abattoir pfd.. 48
Indianapolis Gag 48 52
Indpls. Tel. Cos. com 2
Indpls. Tel Cos. pfd 75
Mer. Pub. Util pfd
National Motor ... 15 20
Public Savings 2% ...
Ifauh Fertilizer pfd 40
Standard Oil of Ind
Sterling Fire Insurance 8% 9%
Van Camp Hdw. pfd 96
Van Camp Pack, pfd 96
Van Camp Prod. Ist pfd 96
Van Camp Prod. 2d pfd 94
Vandaiia Coal com 5
Vandalia Coal pfd 10
Wabash Railway com 8% ...
Wabash Railway pfd 24 ...
Banks and Trust Companies—
Aetna Trust 100
Bankers Truat IS
City Trust Cos 82
Commercial National 65
Continental Nati0na1........ 112
Farmers Trust 290
Fidelity Trust 120
Fletcher American National. 257
Fletcher Sav. & Trust 163
Indiana National 285 295
Indiana Trust 195'
Live Stock Exchange 450 ...
Merchants National 275
•National City 112 120
People's State 178
Security Trust 120
State Savings and rust S5
Union Trust 340 370
Wash. Bank & Trust.... 140% ...
BONDS.
Broad Ripple 5* 46 ...
Citizens St. Ry. 5s 72 78
Ind. Coke & Gas Cos. 65,.... 89
Ind. Creek Coal 6c Min. 65. e.. 98 ...
Ind. Northern 5a
Ind. Union Traction
Indpls. & Colura. South. 55... 88
Indpls. & Greenfield 55....... 90
Indpls. & Martinsville 5s 59
Indpls & North. 5s 35 40
Indpls. & Northwest. 5s 61
Indpis. & Southeast. 5s 44
Indpls.. Shelby. A S. E. 5s 95
Indpls. St. Ry. 4s 52 60
Indpls. Trac. &- Ter. 5s 64
Kokomo. Marion & West 80% 84
T. H.. I. & E. 5s
Union Trac. of Ind. 6s 50 60
Citizens Gas 5s 73 80
Ind. Hotel Cos. 2d 6s 96 100
Ind. Gas Cos. 5s 72
Indpls. L. & H. 3s 75 82
Indpls. Water 5s 87% ...
Indpts. Water 4%s 70 80
M. H. Sc I. ref. ss. 89 04
New Tel. Ist 6s 94
New Tel. Long Dist. 55.... 93% ...
South. Ind. Power 6s 90 ...
•Ex-dividend.
LIBERTY' BONDS.
Liberty 3%s 01.46 91.73
Liberty first 4s 86.30 ....
Liberty second 45.... 55.76 86.00
Liberty first 4%s 86.50 86.70
Liberty second 4Via... 85.70 85.94
Liberty third 4V*s 80.80 90.00
Liberty fourth 4%s 85.98 80.18
Victory 3%s 95.80 90.00
Victory 4%s 95.90 96.06
—Sales—
sl,ooo Victory 4%s 90
Money and Exchange
Indianapolis honk clearings Thursday
were $3,381,000, against $2,971,000 a week
ago.
NEW YORK, July 8. -Foreign ex
change was steady today. Demand sterl
ing opened at $3.95, up lc. Franc checks
were 12.02 to the dollar, off 15 centime.!;
lire checks 16.62. off 5; Belgian cable 11.15,
up 5. Marks were 2.69 cents, or un
changed.
NEW YORK. July B.—Money: Call
money ruled at 7 per cent; high, 7 per
cent; low, 7 per cent. Time rates; Firm,
all 8% pier cent; prime mercantile paper
was steady; call money in London also
was steady ; sterling exchange w as steady
with business in bankers' bill at $3.94%
for demand.
Tei se Market Notes
—July 8—
STOCKS—Twenty representative In
dustrial stocks at the close of huslnes,
Wednesday showed an average of 94<>4.
an liuToa.se of 1.04 Twenty active rails
averaged 72 42, up .65.
An increase in the authorized capitali
zation <'f Armour & Cos. from s2on.oo().t(tX)
to $430,000,000 is In'Bided In the tics
financing plan Just sunounecd. Os thU
increase, $252.350.000 will be issued at
once. Ten-year 7 per cent convertible
t'oti-g. exchangeable for new class A
will be sold immediately. The
stock Issues will be equivalent to a
stock dividend of 109 per cent on the
common shares.
GRAIN—It is reported that 40,000
busnels of ry”* have bee.i sold for -t
---port on a basis of $2.22. An eastern
house was a good buyer of September
corn around $1.57, but offerings were too
liberal for the size of the trade.
J. I*. Griffin, u leading grain man of
Chicago, says: “For the last sixty days
the farmers of the central west hav*
been able to market their oats to net
them from $i to $1.15 on the farm. The
present price of September and Decern
her oats means that the farmer v.ili
have to accept less than 70 cents on
the farm for his new crop. The situ
ation in oats is the reverse of that pre
sented in corn.”
In the Cotton Markets
NEW YORK, July B.—The cotton mar
ket opened unusually active today, with
prices 10 to 16 points higher. July was
the weakest position, due to the Issu
ance of notices on about 2,590 bale*.
Selling rs other position* came from
Liverpool and Wall street, while New
Orleans and spot concerns bought new
crop deliveries
After the opening trade remained active
with the market irregular, but on the
whole showing a steadier tone at a net
decline of about 25 poiuts
The close was 43 to 67 points net
lower witr. the exception of August and
September, which were 80 and 30 points
higher, respectively.
Open. High. Low. Close.
July 39.40 39.45 38.50 39 00
October 33.10 33.12 32.00 32.84
December ... 31 65 81.63 31.17 31.21
January 30 91 30 91 30.90 30.62
March 30.32 30.33 29.99 30.00
May 29.80 29.80 29.82 29.45
NEW ORLEANS, July B.—Cotton
futures opened 10 to 37 points lower
and after a brief steadiness advancing
2 to 5 points, declined 35 to 52 points
under the opening on favorable crop
weather reports. The clo3e was steady.
47 to 75 points net lower.
Open. High. Low. Close.
July 37.00 37.04 30.65 36 64
October 32.75 32.75 32.25 32.33
December .... 31.25 31.30 30.78 30.90
January 30.65 30.P9 80.30 30.38
March 29.98 30.09 29 60 29.73
May 29.50 29.30 29 08 29 12
LIVERPOOL. July B.—Spot cotton ’n
improved demand, with prices easier:
sales, 4,009 bal-*s. American middlings,
fair, 30.08/1; full middlings, 2ft.sk7cl ; mid
dllngs, 25.62(1: low. 22.32d; good or/ii
nary, 19.12d; ordinary, 18.12/1. Futures
quiet.
LOCAL HIDE MARKET.
Green bides —No. 1, 15 c; No. 2,14 c;
Green calvee —No. 1, 15 c; No. 2, 20% -.
Hdrsehides —No. 1, $7; No. 2, $6. Cured
hl4e—No. 1,17 c; No. 2. 16c.
BETTER TONE IN
MARKET FOR HOGS
Prices Firm, Despite Increase
in Available Supply.
RANGE OF HOC. PRICES.
Good Good Good.
July Mixed. Heavy. Light.
1. $15.75@16.00 $16.25(816.50
2. 16.00 0 16.25 15.75 0 16.00 16.00016.36
5. 16 76016.00 15.50@15.76 16.75@15.10
6. 15.75@16.00 16.50 <B* 15.76 16.75 @ 16.10
7. 15.76@16 00 15.50@15.75 15.75016.10
8. 15.75@16.00 15.50<g 15.75 15.75(816.10
Receipts. 10,500, with 850 left over; mar
ket stronger.
Despite a substantial Increase in avail
able supplies the hog market displayed
a better tone today, although prices were
not materially changed from the levels
of Wednesday.
Good light hogs were steady to 10 cents
higher at $16@16.10 for the bulk of sales,
with a top price of $16.15.
Higher markets elsewhere caused local
packers to waver in their stand against
increased prices, but sufficient opposi
tion continued to act as a brake upon the
advance.
Receipts were of fairly desirable quality
as a whole, and lots offered were well ba.-
anced. This was a prominent factor in
favor of sellers.
F'lgs sold from sl4 down while roughs
brought a top price of $13.25.
Cattle.
Receipts, 900; market steady to strong.
A better inquiry prevailed for good
steers, and prices for good to choice dry
fed steers advanced 25 cents on the hun
dred.
Cows and heifers reflected an active de
mand, but prices as a rule were steady.
Calves.
Receipts, 700; market steady.
Aside from a little more activity, there
was no change in the veal division, good
to choice veal calves ranging at $13.50@14.
The top price was $14.50, but more
calves sold at this figure than was the
case in the ia3t two sessions of the mar
ket.
Sheep and Lambs.
Receipts. 300; market steady to strong.
Good spring lambs were in better de
mand, and an advance of 25<850c was
effected in prices, which ranged as high
as sl3.
Sheep were unchanged, with the best
fat sbeep bringing $5.
HOGS.
Best light hogs, 100 to 250 lbs
average 15.75@16.00
250 to 300 lbs average 15.50(215.7.’:
Over 300 lbs average 15.00(215.50
Best pigs, under 110 lbs 13.60®14.00
Bulk of good hogs 16 00
Top 1615
CATTLE.
Prime cornfed steers, 1.300 lbs
and up 15.75<816.25
G*>f>d to choice steers, 1.300
lbs. and up 13.75@15.73
Good t<> choice steers. 1,100 to
1.300 lbs 12.00(813.75
Good to choice steers, 1,000
to 1,100 lbs 10.00(812.00
Common to medium Bteers,
900 to 1,000 lbs 6.00@10.00
—Bulls and Calvea—
Goo-1 to choice butcher bulls. 6 00<8 8.00
Bologna bulls 5 50@ 7.50
Light common bulls 5.00(8 560
Choice veals 13 00(814.00
Good veals 12 of*gl3 00
Medium reals 9.00@12.00
Lightweight veals 6.00® 9.00
—Stockers and Feeding Cattle-
Good to choice steers, 800 lbs
and up 8.00@10.00
Good to choice steers, under
800 lbs 7.00® 8.00
Good cows 7 25® 8.00
Medium to good cows 6.25@ 7 00
Good heifers 8.75® 9.0
Medium to good heifers 7.75® H. 25
Good milkers 100.00® 123.n0
Medium milkers 60.00@100.00
Stock calves, 250 to 450 lbs... 6.75@10.75
—Heifers and Cows—
Good to choice heifers 11 00® 13.00
Medium heifers 9.oo'it 11.00
Common to light heifers .... 7.00® 9.00
Choice cows 10.00® 10.50
Good to <boice cows B.oo®, 900
Fair to medium cows 7.00® 8.00
Canners 7.00® 8.00
Cutters 4.00<8 5.00
SHEEP AND LAMBS.
Good to choice sheep 4.00® 5.00
Fair to good sheep 3.00® 4.00
Common to medium sheep... 2.00® 3.0.)
Bucks 2.00@ 3.50
(lot dto choice yearlings. 5.00® 6.00
Good to choice clipped 3.00® 6.00
Spring lambs 6.00(813.25
Other Live Stock
CHICAGO. July 8. Hogs Receipts,
26.000; market, 20@35e higher; bulk,
$16.15; butchers. $14.50@1.V90; packers.
$13.35(814.40; lights, $ 13.25(216.25 ; pigs,
$12.50(814.25; roughs. $12.85(813.35. Cat
tle Receipts, 9.(00; market, 25c higher;
beeves. #14@17.10; butchers, $6.50(814.75;
canners and cutters. $4@6.25; stookers
..nd feeders, s(>@l2; cows. $6.35(812 15;
calves. $12(813.75. Sheep Receipts 10.000;
market. 10 chigher; lambs, $12.50@16.10;
ewes, $5.60(88.
CINCINNATI. July B.—Hogs Receipts,
.'(.500: market steady to 26c higher:
heavy, medium and mixed, $16.25; light.
>ls 25; pig? 512; roughs, $12.50; stars.
59@9.50 Cattle —Receipts, 700; market
steady for choice, with medium and
• "tnmon weak; bulls steady; calves,
$14.50. Sheep— Receipts. 3,500; market
steady for sheep; lambs, 50@75c higher.
CLEVELAND. Joly S. • Hog-J Receipt*,
1.5O0; market steady; yorkers .*l6 75®
M S5; mixed, $16.75; medium, $16.75; pigs.
sls: roughs, 81250; stags, $8.50. Cattle
Receipts, 150; market higher. Sbeep
and lambs - Receipts. 200; market
stronger; top, $14.50. Calves- Receipts,
250; market strong; top, $l5O.
PITTSBURG, July 8. -Cattle Receipts,
light; market slow; choice *15@15.75;
good, sl4''/15; fair, s!).so@ 11.50; v> u
.gives, sls'd 15.25. Sheep and lambs—Re
ceipts. fair; market slow; prime weth
ers. $8.50® It; good. s7.. : >s<f/,8; fair mixed,
.'M/7; spring lambs. $8'014.50. Hogs—
Receipts. 15 double decks; market higher;
prim *’ heavies. sic''( 16.25; mediums, 517.15
■ i 17.25; heavy yorkers, $17.15(817.23;
light yorkers. SI6 50/,117: pigs. sls 50®
16. roughs, sll/812.75; stags, $5.50@8.75.
EAST BUFFALO, ,\. Y„ July x
Cattle —Receipts, 425; market steady;
shipping steers, $15(816.25; butcher
grades. $lO6/15; cows, S4(B 10.25. Calves
Receipts, 7uo; market active, 50c higher;
culls to choice, s6@ 17. Sheep and lambs
Receipts. 220; market active, steady;
choice lambs, $15.50(8.16; eulss to fair, sl2
(814.75; yearlings, $11(811.50; sheep, ss@
8.50. Hogs Receipts. 800; market active.
16(8)25c higher; yorkers. $16.75@17; pigs,
$156/: 15,25; mixed, sl6 jPO@ 17 ; heavies. sl6
@16.50; roughs. stags, $8<g9.50.
EAST ST. LOTTS, July B.—Cattle
Receipts, 3,0(10; market steady; native
beef steers $96/19; y/arllng beef steers
and heifers, slo'/; 10.25; • >v,s, $8.25(811;
stookers and feeders. ?9'R 10.75; calves,
$11(813: canners and cutters, $4.25@7.20.
Hogs—Receipts, 8 200; market steady;
mixed and butchers, $15.80(816.40; good
h/a vies. $15.25(815.70; rough heavies,
sl2 50(813 50; lights, $16.15(816.30: pigs,
$12.75(815.60; hulk of sales, $.15.80(8
16.25. Sheep—Receipts, 1,800; market
strong, active; ewes, $6.75(8"; lambs, $lO
@l3; canners and cutters, ss@B.
WHOLESALE FEED PRICES.
Tou Sacks. Cwt.
Acme brand $59.25 $3.00
Acme feed 62.25 3.15
Acme middlings 66.25 3.55
Acme dairy feed 76.25 3.95
E-7. dairy feed 60.23 3.50
Acme H. & M 84.25 4.25
C. O. A B. chop 70.25 3.55
Acme stock feed 70.00 3.55
Acme farm teed 72.25 3.63
Cracked corn 83.75 4.23
Acute chick feed 53.25 4.20
Acme scratch 80.25 4.05
H-Z-scratch 69.25 3.50
Acme dry mash 80.25 4.05
Acme hog feed 80.00 4.05
Acme barleycorn 83.25 4.20
Ground barley 84.75 4.80
Ground oats 85.75 4.35
Homlik white 50.75 4.10
Rolled barley 84.75 4.30
Alfalfa tnol 73.00 3.70
Cotton seed meal 80jtK) 4.05
Kafir corn meal ..... 68*25 3.45
GRAINS.
Shelled corn, small lots .$ 2.05
Shelled corn, large lots 2.04
Shelled corn, bu sacks 2..4
Oats, 3 bu sack 1.34
Oats, hulk, large 1.28
Oats, less than 100 bu 1.29
Chicken whea', cwt, sacked 4.50
CORN MEAL AND FLOUR
Corn meal, cwt, net $ AM)
E-Z bake bakers' flour. 98-lh sacks. 14.70
INDIANA DAILY TIMES, THURSDAY, JULY 8, 1920.
On Commission Row
TODAY'S PRICES.
Apples—Barrels, $10@12; boxes, s4@
4.50; baskets, s3@3.
Asparagus—Fancy home-grown, dozen,
85@40c.
Bananas—Pound, B@loc.
Blackberries—Crate, s3@6.
Cabbage—Fancy Texas, barrels, 2%@
3%c; Mississippi, $3.i>0@4.25; sonte
grown, bbl, SB.
Beans—Michigan navy. In bags, per
lb, B%@9c; California limas. in sucks, 13
@l4c; marrowfats, per lb, 14%@15c;
fancy Tennessee, green, per hamper,
$3.75@4.25; fancy Mississippi, $3.25;
home-grown, per hamper, $5.
Beets—Fancy Kentucky, per hamper,
$2; home-grown, doz, 65c.
Cantaloupe—Crate. $2@5.50.
Carrots—Forty-lb basket, $2.50; home
j grown, 40c per doz bunches.
Cauliflower—Crate, $108)4.
; Celery—Florida, per crate, $7; fancy
trimmed, per doz, $2<@2.50.
Cucumbers—Fancy hothouse, per do*.
$2; fancy Florida, 5-doz crate, $3.25;
home grown, doz, $1.50/gl2.
Grapefruit—Extra fancy Floridas, $4.50
@6.50.
Kale—Fancy home grown, per bu, sl.
Lemons—Extra fancy California, $5.50
@6.
Lettuce—Home grown leaf, per lb, 11
, @lsc; Iceberg head lettuce, per crate, $5
@6.50; home grown, 10@12c per lb.
Oranges— Extra fancy California na-
Mangoes— Fancy, basket, $1@1.50.
vels, $5.50@7; Valencias. $4.75(86; extra
; fancy Mediterranean sweets, s">.so@B
! Onions —Fancy new Texas white, 50-
lb crate, $2; same yellow, $1.75; home
j grown, green, doz, 10@25c.
Parsnips—Fancy. 65-lb hamper, $1.65.
! Parsley—Fancy home gtown, 35c doz;
; southern, $1 doz.
Peaches—Home grown, bu, $2@2.50.
Peas —Fancy Mississippi, per hamper,
i $3@3.50; fancy telephones, bu, $4.
I Pieplant—Fancy homegrown, 25@40c
> doz.
Pineapples—Ripe Havanas, $4.50@7.50.
! Potatoes —Northern whites, $8 per 10b
!lbs; bags. sl2; nex Texas, $9 per 100
lbs; fancy new Florida Rose, per bbl,
$14.50013; per 55-lb basket, $5.25.
Radishes Home grown, button, do*,
bunches, 25@35c; southern, long, 15@20c.
Raspberries Case, s3@6
Seed Potatoes—lrish Cobblers, Maine,
per 100 lbs, SB.
Swert Potatoes—Fancy Jerseys, s3@
3.25 per hamper.
Seed Sweet Potatoes—lndiana grown
yellow Jerseys, per bu, $1.25.
Spinach—Fancy, per bu, sl@2.
Strawberries—Arizona*, 24-qt. case, $8
(08.50; Tennessee, 24-qt cuso. $3 50@4;
Kentucky Aromas. 24 qt case, $8.50;
home grown, 24-at case. $6; Indiana
Aromas, 24-qt case, $6(08.36.
Tomatoes—Bosket. $325®8.75; fancy
Texas, 4-basket crate, $2.50.
Watermelons Fancy Florida, 90c@
$1.15.
Housewives' Market
LATEST PRICES
The following prices are tne general
prices charged at the city market ob
tained by striking an average of the
prices charged at varloua stands:
Apples, choice, per lb $ .10® 13
Asparagus. home grown. ac
cording to size of bunches.. .03@10
Bananas, Do* t’OfiMO
Beans, string, lb 10@20
Carrots, bunch C3®o3
Cabbage, H> . 04@05
Celery, buneb ,05@15
Cherries. qt. box .85 |
Cucumbers, hothouse, each 106121)
Cucumbers, southern 05®10
Grapefruit, each .M)®29
Kale, home-grown, lb 15(tf:’0
Lemons, per do* 20@30
Lettuce, leaf, per lb .111020
Lettuce, head, each 05®15
Onions, lb o&£f*'7%
Onions. Texas Bermuda, 1b.... 15
Onion, green, bunch ,A*@o7
Oranges, doz. 30(@73
parsley, 2 bunches 03
Peppers, greeu. Florida, bunch .05@07%
Ptncapuies 15w30
Potatoes, peck L00@L&0
Potaoes. lb .10
Potatoes, new, 1b .12
Potatoes, sweet. 3 lb*. -25
Radishes, 3@3 bunches 10
Rhubarb, 26J3 bunches .06
Pplnach, lb lofcil3
Strawberries, qt. bot.... < 25013$
Tomatoes lb Xo@6s
Green peas, lb .25
Scotch peat -12%
Spilt peas, yellow .12%
Split pess, green .18
Beans, navy, lb .11
Beans, lima, lb .17
Sugar soft A .26
Bug-ir. granulated 26Q34
Beans. Colorado plntaa. 1b.... .10
Beans, kidney .18
I’UOUtCK.
Hen*, full dressed, lb A3'if 55
Ltve ben* .40
Live springer* .75
Egg*, fresh, select, do* 0j)43
Dock egg*, doz IY
Butter, creamery, lb
WHOLESALE FRODCCB.
Wholesalers are paying the following
prices in IndlsnipolU fur eggs, poultry
and packing stock butter:
Egg* Fresh, loss off, 38c.
Poultry Fowls. 26c; broiler*. 1% io 2
lbs, 43c; cocks, 17c; old tom turkeys,
30o; young tom turkeys, 12 lbs and up,
35c; young hen turkeys, 8 lbs and up,
35; thin turkeys, not wanted: ducks,
4 lbs and up. 20c; ducks under
4 lbs, 17c; geese, 10 lbs and up 10c;
squabs. 11 lba to do*. $7.50.
Butter Clan pjacking stork, 3.V 1!);
fresh creamery butter In prints it sell
ing at wholesale at 59@61c; in tubs. 58c.
Butterfat Indianapolis buyers ate
paving 59@60e.
Cheese (wholesale selling prices)
Brick, 50@35c lb; New York cream, 35e;
Wisconsin full cream. 32%@33%c; long
horns. 33%@35c; llmburger, 34@38c;
Swigs, domestic, Co@6se; Imported, sl.
CLEVELAND PRODUCE.
CLEVELAND. July 8 Butter
Creamery, in tubs. 61%/j/62c; extra fan
cy, 60%@61e; firsts, '9%@60-; sec
onds, 57@58c ; packing. 35@4tV. Eggs
fresh gathered, extrJ, 49 ; fresh, extra,
48c; Northern Ohio, fresh, new rases,
-|sc; old cases, 43%@44e; Western firsts.
41c, Poultry—Roosters, 20® 21c; good
fowls. 33@36c; extras, 40c; broilers,
50@60c.
CHICAGO I’RODITK.
CHICAGO, July B.—Butter Receipts,
21,605 mi's; creamery extra. 53%; firsts,
49f<(54Uc; picking stock, 81®. 10c. Eggs
Receipts. 16,103 eases. miscellaneous,
38%® 40%c; ordinary firsts, 37@'t8e; firsts,
40%fa 41 e; checks, 2O@;:0o; dirties, 32® 34c.
Cheese—Twins (new), 25@25%e; daises,
25®>25%c young Americas, 27®27%e; long
horns, 20 brick, 26@26%e. Live
poultry—Turkeys, 3,V-; cnlckens, 30e;
roosters, 22c; geese, 20®30c; ducks, 28®
40c. Potatoes -Receipts, 30 cars.
WEATHER AT 7 A. M.
—July B.
(By U. B. Weather Bureaus.)
Bar. Temp. Weath.
Indianapolis 30.03 04 Cloudy
Atlanta, G.\ 30.06 74 Clear
Amarillo, Tex 30.18 64 Clear
Bismarck, N. D. ... 20.14 58 Clear
ltoßton, Mass 29.84 76 I'tCldy
Chicago, 111 29.92 64 Cloudy
Cincinnati, 0 30.04 06 Clear
Cleveland, 0 30 02 66 PtCldy
Denver, Colo 30.22 58 Cloudy
Dodge City, Kas. ... 30.22 62 Rain
Helena, Mont 30.14 52 Clear
Jacksonville, Fla. ... 30.12 80 Clear
Kansas Citv, Mo, .. 30.14 64 Clear
Louisville, Ky 30.08 68 Cloudy
Little Rock, Ark. .. 30.10 72 Clear
.1,08 Angeles, Cal. .. 29.96 62 Cloudy
Mobile, Ala 30.08 80 Cloudy
New Orleans, La. ... 30.08 78 Cloudy
New York, N. Y.... 29 92 72 PtCldy
Va 30.00 76 Cloudy
Oklahoma City 30.18 66 Rain
Omaha, Neb 30.16 60 Clear
Philadelphia, Pa 29.96 74 PtCldy
Pittsburg, Pa 30.04 64 Cloudy
Portland. Ore 29.98 62 PtCldy
Rapid City, S. D 30.24 54 Clear
Roseburg, Ore 30.02 56 Clear
San Autonio, Tex. ... 30.08 74 PtCldy
Sau Francisco, Cal 29.08 52 Cloudy
St. Louis, Mo 30.04 68 PtCldy
St. Paul, Minn 30.00 58 PtCldy
Tampa, Fir. 30.12 80 Clear
Washington, I). C.... 30.00 72 PtCldy
WEATHER SYNOPSIS.
Since Wednesday morning shower* and
thunderstorms have occurred in the At
lantic states, the lakes region and In
parts of the plains district. It Is a lit
tle cooler between the lower lakes and
the Alleghenies, and a little warmer In
the northern Rooky Mountain section,
while the readings In the north-central
states remain generally below the sea
sonal average. J. H. ARMINOTON.
1 Meteorologist.
HEAVY SELLING
LOWERS GRAINS
Prices Break Sharply Under
Bearish Influences.
CHICAGO, July B.—Grain futures
sagged heavily on the Chicago Board oe
Trade today. Liquidation was heavy
throughout the day, although there were
occasional recoveries on buying by shorts.
Bearish influences included good crop
reports, fine weather throughout the
grain belt, and reports of reselling of
oats in foreign parts at prices under the
original buying prices.
There also were reports of Argentina
corn offerings under the American quota
tion.
Generally favorably reports of a more
composed industrial situation were addi
tional factors.
Provisions closed strong after early
descents with the grains, but ruled firm
er under persistent buying of lard and
pork credited to a leading packer.
(By Thomson & McKlnnnon.)
—July 8 ■■
There was nothing but favorable news
to greet the corn trade this morning.
Excellent weather and larger receipts
than expected were on hand.
Argentina was still reported ns un
derselling at the seaboard.
The market opened very weak, with
general selling on stop orders and fresh
short selling by the local bear element.
Further sharp declines resulted and all
reactions that came were only from shorts
covering and made only temporary ef
fect on values.
Cash showed from 5 to 7c decline early,
but a fairly good shipping demand
changed this to around 4e lower finally.
The Close was easy, ns no disturbing
news was received.
It Is hardly to be expected that mar
ket will make more than temporary re
coveries without a change in conditions,
but we doubt the wisdom of doing any
selling, now that is not done on bulges.
The oats market, while having more
merit, could not withstand such a great
weakness in corn values and suffered a
decline.
Cash oats are still considerably over
a dollar, and new oats for July ship
ment were at a handsome premium over
September.
We do not expect the country to make
any effort to ship new oats at. anything
like the bidding prices being made now.
In fact we believe September worth the
money, even if September corn doe* not
make any startling recovery, and thick
a little patience on purchases made oa
these declines will meet profits.
CHICAGO GRAIN.
—J uly 8—
CORN—Open. High. Low. Close. Loss
July 1.59% 1.59% 1.56% 1.37% 3%
Sept 1.60 1.60 1.55% 156% 4%
Dec. 1.43% 1.43% 1.40 1.40% 4%
OATS—
July 95% 96 94% 94% 1%
Sept 80 SO 78% 78% 1%
Dec. 76% 76% 75% 75% 1%
TURK—
Julv 28 25 28.25 2.8 25 28 25 • .63
Sent 29.75 30.35 29.75 30.25 • .63
LARD—
July 18.47 18.77 18.47 18.77 • .37
Sept 10.80 19.65 19.20 19 60 • .40
RIBS—
July 16 75 16.75 16 75 16 75 * .35
Sept 17.35 17.62 17.35 17.412 • .27
•Gain.
CHICAGO CASH GRAIN.
CHICAGO. July 8. Wheat No. 2 hard.
$2 s;, is.., 4 hard, n inter, $2.70; No. 3
northern, spring. $2.65; No. 3 mixed,
$2 73. Corn No. 2 mixed, $1.00(01.61; No.
2 white, $ I.OS@! 1.09; No. 2 vellow, $1,610
1.62%; No T mixed. $1.59%; No. 3 ye!
low, $100%; No. 4 mixed. 51.59; No. 4
white, $1.62; No. 4 yellow, $1.60. Oats—
No. 2 white, $1.05(01.07%; No 3 white,
$103(01.05%; No. 4 white, !)9@51.02%.
TOLEDO CASH GRAIN.
TOLEDO, July 8 Wheat No. 2 red,
$2.83. Corn No. 2 yellow, $1.67. Oats
No, 2 white, $1.12@L13. Uve No. 2.
$2.20. Barley cash, No. 2. $1.40. I'lever
see*l Cash, $25.25; October, $2550; 10.
cember, $24.50. Alslke- Cash, $25; Oc
tober, $23.70; December. $25.25 Timothy -
Cash, 1917 and 11*17, $5.40: 1919. $5.55; Sep
tember, $5.80; October. $3.65; December,
$5.67%; March, $5 83.
PRIMARY’ MARKETS.
(Thomson Sc McKinnon)
(July 8)
Receipts
Wheat. Corn, Oat*.
Chicago 38,000 448.000 298.000
Milwaukee .. 9,000 123.000 89,000
Minneapolis . 167.(4*) 5,00) 20,000
Duluth 62,000 12.000
St Louis 92,000 139,000 U4.i*>,t
Toledo 7,00<) 3,060 4 tM)
Kansas City. 103.000 15.000 10,000
IVorla 3,i**> 47,000 40,000
Omaha 24,000 4\'*)o 44.0’*)
Indianapolis... S,<4 ) tM.ooo 40,uO*J
Totals r.l ;, ♦.) 922.000 640.000
Year ago... 524,000 320,000 729.000
—Shipments—
Wheat. Corn Oats.
Chicago 106.000 175,000 210.000
Milwaukee .. 176.000 19,04*) 74.000
Minneapolis . 17rt,000 19,000 74,000
Duluth 104,000
St. Icttls 59.000 I I ..(SKI 52 000
Toledo 6000 1,000 1.000
Detroit 5,000 8,000
Kansas City. 169 OG) 45.000
Peoria Umi 19,'<K) 54.000
Omaha 41,000 -Id.ooo 20, odd
Indianapolis... 4,n0) 31.000 2,000
Totals 677.090 526,000 430,000
Year ago... 374,000 435,000 559,003
Clearances —
Dntu. W. Corn. Oats.
Philadelphia . 263,000 .... .
Baltimore 164,000
New Orleans. 187.(K*)
Totals 614,000
Year ago... 2C'?.OK) CSS.OOO
INDIANAPOLIS CASH GRAIN.
—July 8—
Corn —Weak; sample white. $1.56%;
No. 6 mixed, $1.53; sample mixed. St 4S’. ,
oats Easy; No. 2 white, $1.09%@
1.10% ; No. 3 white, $1 06%@1 10; No. .
mixed, $1.06%.
Hay—Weak; No. 1 timothy, $34@34.50;
No 2 timothy, $33@'33.54>; No. 1 light
elover mixed, $33<jj33.50; No. 1 clover
mixed, $32.50@.",3
—lnspections
Wheat—No. 5 red, 1 car; sample, 1
car; total, 2 cars.
Corn No. 1 white, 7 cars; No. 2 white,
;,2 cars; No. 3 white, 3 ears; sample
white, 1 car; No. 1 yellow, 1 car; No. 2
yellow, 26 cars; No. 1 yellow, I car; No.
it yellow, 1 car; sample mixed, 1 car;
total, 73 cars.
Oats No. 1 white, 3 cars; No. 2 white,
6 cars; No. 3 white, 2 cars; No. 4 white,
1 car; No. 1 mixed, 1 car; total, 13 cars.
Hay—No. 1 clover mixed, 1 car.
HAY MARKET.
The following are the Indianapolis
prices of hay by the /wagon load:
Hav —I.ooose timothy, S3O@S4 a ton;
mixed, $28®30.
Corn sl9‘*@2 a bushel.
Oats—[e-mail] a bushel.
Straw—Wheat, sß@9 a ton.
WAGON WHEAT TRICES.
Indianapolis elevators and mills are
paying $2.50 for No. 1 wheat, $2.47 for
No. 2 and $2.44 for No. 3. All other
grades according to quality.
Twenty Cats Enlist
in Royal Air Force
LONDON, July B.—Twenty cats have
enlisted iu the royal Air force.
At a vast R. A. F. depot in outer Lon
don, owing to the ravages of mice among
the stores of blankets, parachutes, etc.,
application was made to headquarters
for twenty cats to be officially recog
nized as mouse catchers.
Official permission was given, and it
came back with all the formality of a
grant for twenty airplanes. It was
headed: “Grant for Upkeep of Cats,” and
continued thiswise:
“I am directed to inform you that
approval Is given for the expenditure of
four-pence (8 cents) per cat per week
on food. The claim should be preferred
through the general services pay officer.
1 am to request that you will state how
many cats you consider necessary, etc.,
etc.’’
The depot is now known as “The Cats’
Paradise,” for they work only when they
feel inclined ar.d plenty of "grub” ih
assured.
Barricades Thrown
on Road to Dublin
LONDON, July B.—Barricades were
erected across Malahide road to Dublin
during the night, said a dispatch from
that city.
Soldiers were posted along the road
and searched all motorists for arms.
STATE BANK STATEMENTS.
Marion County State Bank
JOHN L. DUVALL, President.
OMER L. STULTZ, Vice President.
CLYDE E. ROBINSON, Cashier.
E. W. HUGHES. Assistant Cashier.
Report of the condition of the Marion
County State Bank, a state bank, at In
dianapolis, in the state of Indiana, at the
close of its business on June 30, 1920:
, , RESOURCES.
Loans and discounts $400,002.37
Overdrafts y. 960.82
United States bonds 116,0->t!63
Other bonds and securities 181,311.45
Furniture and fixtures 9,765.00
Due from banks and trust com
„ Panies 02.345.38
Cash on hand 35,086.17
Cash items 2,840.78
Real estate department pur
chased 4,000.00
Total resources $842,369.60
LIABILITIES.
Capital stock—paid in $ 25,000.00
Surplus 3,500.00
Undivided profits 725.50
Exchange, discounts and Inter
est net 4,075.87
Bond depreciation fund 11,426.80
Profits and loss 133.85
Interest collected not earned.. 1,242.12
Demand deposits . .$527,456.03
Demand certificates. 10,044.45
Savings deposits... 242,703.77 — 780,204.25
Certified checks 4,926.25
Cashier's checks 2,724.95
Due to banks and trust com
panies 2.00
Due to departments 4,659.51
Payment on bonds 2,848.50
Total liabilities $842,369.80
State of Indiana, county of .Marion, ss:
I, Clyde E. Robinson, cashier of the
Marion County State Bank, do solemnly
swear that the above statement is true.
CLYDE E. ROBINSON, Cashier.
Subscribed and sworn to before me
this 6th day of .Tulv 1920.
(SEAL) CIIARLES 11. BAILEY.
Notary Public.
My commission expires February 5,
1922.
JOHN I.AUCK, President.
WILLIAM HART. Vice President
L. A. WILES, Cashier.
J. F. DAVIS, Assistant Cashier.
Report of the condition of the South
Side State Rank, r state bank, at Indian
apolis. in the state of Indiana, at the
j close of its business on June 30, 1920:
RESOURCES.
Loans and discounts $ 792,887.06
Overdrafts 376.51
United States bonds 90.600.00
United Stutes trensury certifi
cates 50.000.00
Other bonds and securities.. 52.387.50
Banking house 34.606.00
Furniture, fixtures and vault. 15.944.55
Due from bank* and trust com
panies 280.359 35
Cash on hand 4,3.738.82
Cash Items 21,371.66
Total resource* $1,382,272.35
LIABILITIES.
Capital stock—paid in $ 50.090.00
Surplus 17,500.00
t'ndtvided profits 9,210.6-1
Dividends unpaid 33 00
Demand depos
its $1,258,058.54
Demand certifi
cates 29,802.84- 1,287.921.38
Certified checks 5,080.71
Cashier’s checks 2 00
Other liabilities 220.19
Reserve for interest and taxes 12.304.43
Total liabilities $1,382.272 35
State of Indiana, County of Marion, ss:
I, L. A. Wiles, cashier of the South
Side State Bank, do solemnly swear that
the above statement is true.
L. A. WILES. Cashier.
Subscribed and sworn to before me this
flth day of Julv, 1920.
(SEAL) JOHN A. CLARK.
Notary Public.
My commission expires June 5. 1924.
No 414.
W. N. WILLIAMSON. President.
H B BURNET, Vice President.
LEWIS N. POYSEK, ('ashler.
J. LEWIS BRAY, Assistant Cashier.
Report of the condition of the North
western State Bank, a state bank, at In
dianapolis in the state of Indiana, at
the dose of its business on June 30, 1920.
RESOURCES.
Loans and discounts $415,236.04
overdrafts 1,80.12
U S. bonds 43.3W.00
Other bonds and securities.... 45,078.00
Furniture and fixtures 2,000.00
Due from banks and trust
companies 09 846.0.3
Cash on hand 13.567.91
('ash items 735.43
Other assets 50.00
Total resources $620,043.53
LIABILITIES.
Cnpital stock paid in $ 25.000.00
Surplus 9.000.00
Undivided profits 123.22
Exchange, discounts and in
terest 5,(592.56
Demand deposits. .. .$279,196.91
Demand certificates. 17.427.10
Time deposits 3,956.02
Savings deposits.... 278.093.72
Certified checks 1.554.00
Total liabilities $620,043.53
State of Indiana, county of Marion, ss:
I. I.ewis N. Poyser, cashier of the
Northwestern State Bank, do solemnly
swear that the above statement is true.
LEWIS N. POYSER, Cashier.
Subscribed and sworn to be
(SEAIi) fore me. this Stb day of July,
1920.
W. B. NICEWANGER,
Notary Public.
My commission expires Jan. 29, 1924.
- ■—~ ■
TRUST COMPANY STATEMENTS.
Washington
Bank and Trust Company
J. EDWARD MORRIS, President.
,T. S. CRUSE, Vice President.
F. C. WILLIAMS, Secretary.
C. A. PLOCH, Assistant Secretary.
BOARD OF DIRECTORS.
E. X,. ('OTH HELL.
JAMES S. CRUSE.
WILLIAM C. HAYWARD.
EDWARD A. KAHN.
THOMAS R. LEWIS.
J EDWARD MORRIS.
THOMAS A. PASS.
JOHN POWELL.
WALTER E RICH.
CHARLES IV RILEY.
GEORGE ROSENBERG.
JESSE A. SHEARER.
FRANK U. WILLIAMS.
Condensed statement of the condition
of the Washington Bank and Trust
Company, at Indianapolis, in the state
of Indiana, at the close of business on
.Tune 30, 1920:
RESOURCES.
Loans and discounts $1,253,461.84
Overdrafts 149.68
Bonds and stocks 11.251.84
Company's building 151,900 00
Furniture and fixtures 19,109.73
Other real estate 5,076.96
Advanced to estates and
trusts 6,723.76
Due from banks and trust
companies 147.854.74
Ca3h on hand 32,572.10
Total resources $1,628,100.66
LIABILITIES.
Capital stock—paid in $100,000.00
Surplus and undivided prof
its—net 37,785.17
Dividends unpaid 2,349 tF
Demand deposits 722,600.76
Savings deposits 663.916.4?
Time deposits 75,531.25
Certified checks and treas
urer’s check 21,322.03
Due departments 8,096.04
Reserve for Interest ........ 2.560.1'
Company’s building 94.00Q.00
Total liabilities $1,628,100.66
State of Indiana, county of Marion, ss:
I, Carl A. Ploch, assistant secretary
of the Washington Bank and Trust
Company, of Indianapolis, do solemnly
swear that the above statement is true.
CARL A. PLOCH.
Subscribed and sworn to before me,
this 6th day of July. 1920.
(SEAL) M. F. GILL, /
Notary Public.
My commission explrta July 7, 1923.
REPORT OF THE CONDITION OF THE
Farmers Trust Cos.,
150 E. MARKET STREET.
At the Close of Business June 30, 1920.
RESOURCES
Loans ' $1,689,245,05
Overdrafts 6.05
Bonds and Accounts 48,987.94
Furniture and Fixtures (cost $25,000.00)... 100.00
Vaults (cost $30,000.00) 100,00
Company’s Building 151,900,00
Cash and Due From Banks I s 229,690.64
Total $2,120,029,68
Trust Securities 40,000.00
Trusts—Real Estate 485,000,00
Mortgage Loans for Eastern Clients 22,100,000.00
Total $24,745,029.68
LIABILITIES
Capital $200,000.00
Undivided Profits, all earned 138,048.65
Reserve for Interest and Taxes 10,163.79
Dividends Unpaid 5,170.00 '
Deposits 1,766,647.24
Total $2,120,029.68
Trust Investments 525,000.00
Mortgage Investments for Eastern Clients... 22,100,000,00
Total $24,745,029.68
OFFICERS
Chorle* N. Williams, President. Charles R. Kellogg, Asst. Treas.
Thomas A. Wynne, Vice President. Laura Hiatt, Asst. Secy.
Edwin H. Forry, Vice President. Max J. Young, Asst. Secy.
Rliey E. Smith, Treasurer. E. L. Sturdevant, Asst. Secy.
Charles M. Lemon, Secretary. Harvey E. Rogers, Asst. Secy.
DIRECTORS
James W. Lilly Michael J. Ready Charles C, Perry
Larx A. Whitcomb Charles N. Williams Charles M. Lemon
Thomas A. Wynne W. H. Messenger Edwin H. Forry
James W. Noel Charles W. Miller James S. Cruse
Charles E. Coffin Cortland Van Camp Riley E. Smith
Second Mortgage Real Estate Loans
MADE ON GOOD FARMS AND IMPROVED CITY PROPERTY.
GIBRALTER FINANCE CO.
108 N. Delaware. INDIANAPOLIS Main 1618.
Wo are pro- g on * arm an£^
pared to make c jf y property
THOS. C. DAY & CO.
NATIONAL BANK STATEMENTS.
REPORT OF CONDITION OF THE NATIONAL CITY BANK, at Indianapolis,
in the state of Indiana, at the close of business on June 30, 1920:
RESOURCES.
Loans and discounts. Including redis
counts $ C,065,(e‘i.99
•Total loans $ 6,003,946.99
Deduct:
Notes and bills rediscounted with Fed
eral Reserve Bank (other bank than
acceptances sold) 1,642,378.33 $ 4,520,668.66
Overdrafts, unsecured 2,606.94
U. S. government securities owned:
Deposited to senure circulation (U.
S. bonds par value) 1,000,000.00
Pledged to secure postal savings de
posits (par value) 13,000.00
Pledged as collateral for state or other
deposits or bills payable 401.500.00
Owned and unpledged 136.543.60
Premium on U. S. bonds 2,102.50
War Savings certificates and Thrift
stamps actually owned 1,861.20
Total U. S. government securities.... 1,557,007.30
Other bonds, securities, etc.:
Bonds (other than U. S. bonds)
pledged to secure postal savings de- |
posits - 6,000.00
Securities, other than U. S. bonds (not
Including stocks owned and un
pledged) 139.457.00
Collateral trust and other notes of
corporations Issued for not less
than one year nor more than three
years' time 125,511.35
Total bonds, securities, etc., other
than U. S 270,998.35
Stacks, other than federal reserve £>ank
stock 2,314.31
Stock of federal reserve bank (50 per
cent of subscription) 36.Wi0.00
Furnitute and fixtures 17,564.06
Real .estate owned other than banking
house 6,694.38
Lawful reserve with federal reserve
bank 443,982.43
Item* with federal reserve bank in pro
cess of collection (not available as re
serve) 397,469.24
Cash In vault and net amounts due from
national banks 367,643.14
Net amounts due from banks, bankers
and trust companies (other than in
cluded in Items 12. 13 or 14) 189.708.73
Exchanges for clearing house 64,212.58
Checks on other banks in the same
city or town as reporting bank (other
than Item 16) 37,033.58
Total of Items 13, 14, 15, 16 and
17 1.056,967.27
Checks on banks located outside of
city or town as reporting bank and
other cash Items 112.140.18
Redemption fund with U. S. treasurer
and due from U. S. treasurer 32,700.00
Other assets, if any 866.64
Total $ 8,060,600.52
LIABILITIES.
Capital stock paid in.... $ LWJO.OOO.OO
Surplus fund 200,000.00
Undivided profits $ 115.572.15
Less current expenses, interest and
taxes pnid U5.572A5
Circulating notes outstanding 1,000,000.00*
Amount due to federal reserve bank (de
ferred credits) 205,102.59
Net amounts due to national banks.... 304,467.75
Net amounts due to banks, bankers
and trust companies in the United ,
States and foreign countries (other
than included in Items 29 or 30) 533,094.14
Certified checks outstanding 37,491.14
Cashier's checks on own bank outstand
ing 29,732.58
Total of items 29, 30, 31, 32 and
S3 1.109.591.20
Demand deposits (other than bank de- j
posits) subject to reserve (deposits
parable within 30 days):
individual deposits subject to check 4,014.936.18
Certificates of deposit due in less than
30 davs (other than for money bor
rowed) 132,291.12
Dividends unpaid 52.88
Total of demand of deposits (other
than bank deposits) subject to
reserve, Items 34, 35, 36, 37, 38
and 39 4.167.313.10
Time deposits subject to reserve (pay
able after 30 days or subject to 30
days' or more notice, and postal sav
ings) :
Postal savings deposits 5,844.23
Total of time deposits subject to %
reserve. Items 40, 41, 42 and
43 5,844.23
United States deposits other than postal
savings:
War Savings certificates and Thrift
stamp deposit accounts 102.18
Other United States deposits, includ
ing deposits of U. S. disbursing
officers 102.1S
U. S. government securities borrowed
without furnishing collateral security
for same 100.000.90
Bills payable with federal reserve bank. 342,125 00
Liabilities other than those above stat
ed, Victory and Liberty loan de
posits 16,752.60
Total $ 8,060,600 52
Liabilities for rediscounts, including
those with federal reserve bank $ 1,542,378.33
Total contingent liabilities $ 1,542,378.33
State of Indiana, County of Marlon, ss:
I, C. A. James, cashier of the above named bank, do solemnly swear that
the above statement is true to the best of my knowledge and belief.
C. A. JAMES, Cashier.
Subscribed and sworn to before me this 6th day of July. 1920.
GEORGE D. CALVERT, Notary Public.
My commission expires March 23. 1922.
Correct Attest:
~ J. M. McINTOSH.
/ CHAS. W. MILLER.
/ J. T. MOORMAN.