Indiana daily times. [volume], July 21, 1920, Home Edition, Page 8, Image 8

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

Image provided by: Indiana State Library

                
8
REALIZING SALES
WEAKEN STOCKS
Prices Fall After Uncertain
Trend at Outset.
XE\T YORK, July 21.—The stock mar
ket tyas irregular today, ■with trading
again on a small scale.
The railroad stocks featured the early
business with fractional advances scored
In the lower-priced rails.
The market turned weak under realiz
ing sales in the late forenoon. Most of
the motor shares were in supply at losses
ranging up to 2 points.
Call money renewed at ,8 per cent.
The whole sugar list sAId off sharply
during the third hour. Punta Alegre was
oil nearly 3 points. Around 1 o'clock most
of the industrials made new lows for the
day.
Closing prices were: U. 8. Steel, 91%,
off %1 Vanadium 8414, off %: Mexican
Petroleum 191, unchanged: Studebaker
71. unchanged: Reading 9114, up 2;
Southern Railway 29%, up %; Strom
berg 88%, up %; General Motors 24%,
unchanged; Crucible 153. off 1; Baldwin
117%, off *4; Pan-American Petroleum
102%, off %: United States Rubber 91%,
off 1%; Southern Pacific 93%, up %.
The market closed irregular. Moles,
310.000 shares; bonds. $8,319,000.
(By Thomson & McKinnon)
—July 21—
We experienced another day of dis
tressing dullness with nothing interest
ing in the tradlDg and nothing in the
market news to indicate any change.
Conditions were about the same as yes
terday. The monev market was qnlet
and interest rates about the same. There
was very little commission house buy
ing and most of the fluctuations the re
sult of professional operations.
Accumulation is now the source of
trouble. Even th? Iron Age In Its week
ly review of conditions says that It Is
now admitted that accumulations of
steel and Iron products are more than
have been commonly known.
The one point to bear In mind now is
that the moment prices show the least
sign of weakening, big business ceases,
and without big business we lack one
of the main essentials for a rising stock
mnrket, and if perchance, the money
market should become any worse than
it is. another wave of liquidation would
be likely.
MOTOR SECURITIES.
(By Thomson & McKinnon)
Bid. Ask.
Briscoe 47 49
Chalmers com 2 5
Packard com 17% 18%
Packard pfd 83 88
Chevrolet 300 300
Peerless 35 37
Continental Motors com 9 9%
Continental Motors pfd 96% 98%
Hupp com Ki% 16%
Hupp pfd 15% 16%
Reo Motor Car 98 101
Elgin Motors 21% 22%
Grant Motors 4% 5
Ford of Canada 350 365
United Motors 45 60
National Motors 17 19
Federal Truck...... 32 34
Taige Motors 28 50
Republic Truck 45 47
ACTIVE OIL STOCKS.
(By Thomson & McKinnou.)
Wuly 21-
Bid. Ask.
ADglo-American Gil 21% 23
Atlantic Refining 1150 1200
llorne-Scrymse* 423 475
Buckeye Pipe Line S5 87
C'hesebrougb Mfg. Cons 220 230
Cheaebrough Mfg. Cons. pfd. 103 108
Continental Oil, Colorado... 120 130
Cosden OH and Gas 7 7
Crescent Pipe Line 27 29
Cumberland Pipe Line 150 160
Elk Basin Pete 7% 8
Eureka Pipe Line 99 102
Galena-Signal oil pref. new. 90 93
Galena-Signal Oil, com 42 45
Illinois Pipe I ine 153 158
Indiana Pipe Line 85 87
Jlerritt Oil 15 15%
Midwest Oil 1 2
Midwest Rfg 146 149
National Transit 26 27
New York Transit 160 170
Northern Pipe Line 92 97
Ohio Oil 280 2b5
"Mfffftmna P. & R 6% 7
Penn.-Metc 42 45
Prairie Oil and Gas 565 575
Prairie Pipe Line 197 202
8a pulp a Befg 57% 60
Solar Refining 350 370
Southern Pipe Line 125 133
South Penn. Oil 267 273
Southwest Penn Pipe Lines. 65 68
Standard OH Cos. of Cal 310 314
Standard Oil Cos. of Ind 660 670
Standard Oil Cos. of Kas 520 540
Standard Oil Cos. of Ky 370 380
Standard Oil Cos. of Neb 420 450
Standard Oil Cos. of N. Y 370 375
Standard Oil Cos. of 0hi0.... 435 400
Swan & Finch 60 so
Union Tank Line 110 115
Vacuum Oil 375 380
Wahington Oil 27 33
NEW YORK CURB.
(By Thomson A McKinnon.)
—July 21-
Bid. y Ask.
Curtis Aero com 4 6
Curtis Aero pfd 40 30
Sub Boat 11% 12%
Fit st National Copper % 1%
Goidfleld Con 9 It
Havana Tobacco 1 1%
Havana Tobacco pfd 5 10
Jmubo Extension 4 6
Internatl. Petroleum 33% 34%
Niplssing 8% 8%
It c lan Packing Cos 7% 8%
Royal Bak. Powder 120 1.10
Royal Bak. Powder pfd 80 90
Standard Motors 8 9
Szlt Creek 36% 37
fonopah Extension 1% 1%
Tonopah Mining 1% 1%
t cited i* S new 1% TANARUS%
U. S. Light and Heat 2% 2%
U. S. Light and Heat pfd 2 3
Wrlght-Mattin 2 6
World Film % %
Yukon Gold Mine Cos % 1%
Jerome % %
New Cornelia 17% 19
United Verde 30% 32
Seuuoyah % %
timar 3% .3%
Republic Tire 1% 2%
CHICAGO STOCKS.
•By Thomson A McKinnon.)
—July 21—
Open. High. Low. Close.
Armour pfd 9.3% 93% 93% 93%
Carbide A Car.. 65% 65% 64% 64%
Cudahy Pack Cos 83 8.3 83 83
Libby 12% 12% 12% 12%
Mont.-Ward .32 32
Natl. Leather... 11% 11% 11% 11%
Hezrs-Roebuek.. 143 143 112 143
Stewart Warner. 40% to*, inti 10%
Sw'ft A Cos 10*%
Swift Inti .35% 33% 35 33
CORN AND WHEAT BULLETIN.
For the 24 hours ending at 7 a. m., 9'Uh
meridian time, Wednesday. July 21:
Temper-; .
stare.
Stations of . —! £a
!a4ua*polu m
District. | ® |~
>x ' e S = b c
J 33 *“ J 5-3 = o
**• Ji* Cy
B<ruth Bend .!...( M|6B . nTGood
Angola ] B©'-. 04 1 0 ; Good
Ft. Wayne |B9j <K ! 0 |
Whcatfield :Mij <3 j 0 | Good
Royal Center ....( 82 | 64 I Good
Marion !82 | ."8 ; 0 Good
Lafayette |B2 GO 0 ; Good
Farmland 82 j 59 | 0 I Good
Indianapolis 182 j 65 | *> ! Good
Cambridge City .IB2j 53 ! 0 i Good
Terre Haute 1 84 : 67 0 | Good
Bloomington ....| 84 | 56 j O j Fair
Columbua jß6i 56 i 0 I Rough
Vincennes 182 61 ; 0 ' Good
Paoll 87 |53 O Fair
Evansville |BB. 68 | 0|
* J. H. ARMUNGTON.
Meteorologist Weather Bureau.
WHOLESALE PRODICE.
Egga—Fresh, loss off. 40®40c.
Poultry—Fowls, 29c; broilers, 1% to 2
lbs, 42c; cocks, 17c; old tom turkeys.
30c: young tom turkeys, 12 lbs and up,
35c; yonng hen turkeys, s lbs and up,
35c: thin turkeys not wanted; ducks.
4 lbs and up. 20c: ducks, under 4 lbs.
17c: young ducks, 39c: geese. 10 lbs
and up, 16c; squabs, 11 lbs to dozen.
36.50.
Butter —Clean packing stoek. 35c lb:
fresh creamery butter in prints is selling
at wholesale at 52®61c; in tubs, 58c.
Butterfat—Buyers are paying 57®59c
for cream delivered at Indianapolis.
Cheese (Jobbers’ selling prices!—
Brick, 80©35c lb; New York cream, 35c;
WUctmsin full cream. 82%®38%c; ,on *
hOTM, 88%@45c: llmburger. 34038 c;
domestic, 60265 c; imported, $L
Indianapolis Securities
STOCKS.
—July 21-
Bid. Ask.
Tractions—
Ind. Ry. A Light com 55
Ind. Ry. A Light pfd 95
Indpis. A Northwest pfd 75
Indpis. & Southeast pfd 75
Indpis. St. Railway 53 60
T. H„ I. A E. com 1% 5
T. H., I. AE. pfd 9% 16
T. H.. T. A L. pfa 6o
U. T. of Ind. com 1
U. T. of Ind. Ist pfd 10
U. T. of Ind. 2d pta 3
Miscellaneous—
Advance-Rumeiy com 34 .
Advance-Rumely pfd
Auer. Central Life 235
Amer. Creosoting pfd 93
Belt Railroad com 72 82
Belt Railroad pfd 47% ...
Century Bulding pfd 98
Cities Service com 321 326
Cities Service pfd 66% 66%
Citizens Gas 29 35
Dodge Mfg. pfd 99% ...
Home Brewing 55 ...
Indiana Hotel 60
Indiana Hotel pfd 92
Ind. National Life 4% ...
lud. Title Guaranty 59 69
Indiana Pipe Line 85
Indpis. Abattoir pfd 48 51
Indianapolis Gas 48 54
Indpis. Tel. com 2
Induls. Tel. pfd 75
lier. Pub. Uttt. pfd 43
National Motor 15 20
Public Savings 2% ...
iiauh Fertilizer pfd 40
Standard Oil of Ind 660
Sterling Fire Insurance 8% 10
Van Camp Udw. pfd 95
Van Camp Pack, pfd 94
Van Camp Prod. Ist pfd 95
Van Camp Prod. 2d pfd 93
Vandalia Coal com 5
Vandaila Coal pfd 10
Wabash Ry. com 8
Wabash Ry. pfd 24
Banks and Trust Companies —
Aetna Trust 100
Bankers Trust 118
City Trust 82 ...
Commercial National do
Continental National 112 ...
Farmers Trust 200
fidelity Trust 120
Fletcher American National. 257
Fletcher Sav. Trust 163
Indiana National <283 293
Indiana Trust 195
Live Stock Exrbange 425
Merchants National 275
National City 112 120
People's State 176
Security Trust 120
State Savings and Trust... 86% 93
Union Trust 34u 370
•vash. Bank A Trust 142 ...
BONDS.
Broad Ripple 5s 46
Citizens St. Ry. 5s 72 W
Ind. Coke A Gas Cos. 6s 88
Ind. Creek Coai A Min. 65... 98 ...
Ind. Northern 5s
Ind. Union Traction
Indpis. A Coluni. South. 55... 88 ...
Indpis. A Greenfield 5...... 90
Indpis. a. Martinsville 55.... 59
Jndp%. A North. 5s 26 40
Indpis. A Northwest, 55.... 50 60
Indpis. A Southeast. 5s 44
Indpis., Shelby. A S. E. 5s 95
Indpis. St. Ry. 4s 52 60
Indpis. Tra<\ and Ter. 3s 65% ...
Kokomo, Marion A West.... 80% 84
T H„ I. A B. 5s
Union Traction of Ind. 55.... 50 59
Citizens Gas tis 73 so
Ind. Hotel 2d 6s 9 100
Ind. Gas 5s 72 80
Indpis. L. A H. 5s 73 82
Indpis. Water 5s 87% 9i
Indpis. Water 4%s 71 80
M. H. A L. ref. os 87 90
New Tel. Ist 6s 94
New Tel. Long Dist. 3s 9,3% ...
South. Ind. Power 6e....... 87 ...
LIBERTY BONDS.
Liberty 3%s 90.90 91.10
Liberty firm 4s 85.90
Liberty second 4s 84.90
Liberty first 4%s 86.08 86.28
Liberty second 4%s 85.16 83 26
Liberty third 4%s 89.08 89.16
Liberty fourth 4%s 85.40 85.60
Victory 3%s 95.88 96.06
Victory 4%s 93.92 96.22
SALES.
SI.OM) Liberty fourth 4%s 85.4.8
$5,000 Liberty fourth 4%s 85.40
Money and Exchange
Indianapolis bank clearings Wednes
day were $2,822,00b, against $3,669,000 H
week ago.
NEW YORK. J ily 21.—Foreign ex
change was firm today. Demand sterling
oiiened at $3.53%. off %. Franc checks
were 12.21 to the dollar, off 1 centime;
lire checks, 17.29, up 11. Marks, demand,
were 2.56 cents; cable* 2.58. Canadian
dollars were 87.80 cents on demand.
NEW YORK, July 21.—Money—Cal!
money ruled at 8 per cent; high, 8 per
cent; low, 8 per cent. Time rates wer
firm; all rates 8%@9 per cent. Mercan
tile paper was steady at 4% per cent.
Sterling exchange was easy, with busi
ness in bankers' bills at $382% for de
mand.
Terse Market Notes
—July 21—
STOCKS—Twenty representative In
dustrial sto’ks at the close of business
Tuesday showed an average of 90 68, an
increase of .47. Twenty active rails av
eraged 72.88, up .27,
Directors of the Aetna Explosive* Com
pany are ceon-sidering plans for a tils
irihutlon of a portion of the company's
surplus at a meeting to be held July 28.
The New York Stock Exchange commit
tee on securities has ruled the Crucible
Steel common be not quoted ex-dlvidend
until Aug. 31, instead of Aug. 18.
A New York banker, In an Interview
on his return from a visit to the west,
-ays that the people are thinking *e
riouslv of a very definite change in
conditions: that bankers are watching
.:nd restricting credits as never before,
and merchants are preparing for smaller
business.
GRAIN -The American Steel and Wire
Company's crop report says that corn Is
in an excellent condition and making
good headway, arid that spring wheat
continues favorably.
A Buenos Aires cable to the New
York Times states that France has re
sold 100.000 tons of wheat through Ar
gentina. It seems that Argentina over
sold this amount and that France has re
adjusted it in this manner.
Weather
The following table shows the state of
the weather at 7 a. m. July 21. as ob
served by U. S. weather bureaus:
Stst’on. Bar. Temp. W.
Indianapolis, Ind.. 30.21 68 PtCldy
Atlanta. Ga. 30.24 72 Cloudy
Amarillo. Tex 30.16 68 Clear
Bismarck. X. D.... 30.12 66 Cloudy
Boston. Mass 30.14 74 PtCldv
Chicago. 11l 30.10 72 PtCldy
Cincinnati, 0 30.20 66 Clear
Cleveland. 0 30.16 70 Clear
Denver, Colo 30.08 66 Cloudy
Dodge City, Kas... 30.16 TO Clear
Helena. Mont. .... 29.96 flu Clear
Jacksonville, Flit. . 30.24 78 Clear
Kansas City. M 0... 30.14 76 Clear
Louisville, Kv 30.22 70 Clear
Little Rock. Ark... 30.16 76 Cloudy
f.os Angelos. Cal... 29.91 64 Clear
Mobile. Ala 30.18 78 Cloudy
New Orleans. La... 30.18 82 clear
New York. N. Y.... 30.18 72 Cloudy
Norfolk, Va 30.22 72 Clear
Oklahoma Oty ... 30.14 70 PtCldy
Omaha, Neb 30.06 76 PtCldy
Philadelphia. Pa... 30.20 74 Pt Clr
Pittsburg. Pa 30.20 68 Cloudy
Portland. Ore 30.08 6o Clear "
Rapid City. S. D... 30.02 66 Cloudy
Rugeburg. Ore. ... 30.10 60 Cloudy
San Antonio. Tex... 30.18 76 Clear
SHn Francisco, Cal. 30.06 66 Clear
St. Louis. Mo 3018 76 Clear
St. Paul, Minn 30.18 66 Clear
Tampa. Fla 30.70 80 Clear
Washington, D. C.. 30.20 70 Clear
WEATHER CONDITIONS.
Since Tuesday morning scattered show,
ers have occurred in the southern states,
111 the far northwest. an;i at a few points
in the middle Mississippi valley and the
extreme southern Rocky mountain region,
Elsewhere fair weather has prevailed
Temperatures have continued to rise
slowly In the north central states, but
the changes have not been decided over
large areas In any district. The readings
in tl>e Mississippi valley are now near or
slightly above the seasonal average.
. J. H. ARMINGTON,
Meteorologist.
*
SHORT COVERING
BOOSTS GRAINS
Prices at High Marks of Day
at End of Trading.
CHICAGO. July 21.—Grain futures
broke sharply on the Board of Trade to
day under the lead of an opening decline
of 7 cents in wheat, but pit sentiment
was so bearish in the face of good sup
port from the country that the market
became oversold, and nttempt of shorts
to cover forced good advances in corn
and oats before the close and wiped out
most of the early loss in wheat.
Buying credited to a big elevator con
cern checked the break In ail pits and
considerable profit-taking was in evidence
on the decline.
Sentiment was bearish from the start
and was. increased by Kansas' estimate
of 37,000,000 bushels increase in the
wheat prospects in that state in the last
month, and by rains all over western
Canada.
These more than outweighed the nu
merous reports of black rust from the
northwest during the greater part of the
session.
In the final hour all prices moved up
sharply under the lead of wheat.
Western markets also grew firmer.
(By Thomson A McKinnon.)
—July 21—
The value of ample moisture and mod
erate temperature during the month of
June is being forcibly demonstrated by
the returns from the winter wheat sec
tions, as exhibited in the Kasas state
report.
This report makes the crop of winter
wheat 147,000,000 bushels, and one of the
record crops.
Claims of rust continue to i>e re
ceived from sections of the spring wheat
belt, but they are not accompanied by
buying orders. On the contrary, the
country is reported as a seller.
Cooler temperatures and rather well
spread rains in western Canada have re
lieved the situation in that territory.
Ideal weather over the corn belt and
liberal estimates of receipts were respons
ible for too general slllng of the corn
futures. There was buying which ap
peared to be for the account of previous
large sellers, and toward the last the
action of the market prompted buying
by smaller shorts.
Fundamental conditions hHve In no wav
changed. The excellent weather condi
tions for the new crop can be dis
covered from the Kansas state report,
which advances the condition some 6
points for the last month.
The government crop summary note*
rapid progress in the principal producing
sections and favorable growth elsewhere
with the exception of some drought in
western Texas.
It Is possible that further short cov
erings will appear In the market, but as
accumulations in elevators still are In
creasing and new demand Is by no means
keen, the market is likely to carry a mod
erate hedging load Because of this and
the excellent crop outlook it is not ad
sibale to carry the idea of permanently
higher prices.
There was considerable buying of July
oats by cash Interests, thought to be
against previous sales. There also was a
little buying of the new crop deliveries
by northwestern connections.
Bulk of the demand came from previous;
sellers.
There Is no improvement In the ship- ;
ping demand from the east and no 1
breadth In the general Interest die-
Hayed in the market. Values will con
tinue to follow corn.
CHICAGO GRAIN.
—July 21-
Open. High. Low. Close. Loss.
WHEAT—
Dec 254 257 2.50 2.56% %
Mar. 2.35 2.61% 2.55 2.61 %
CORN—
July 1.49 1.51% 1.48 1.51% *2
Sept 1.40% 1.52% 147% 1.52 *l%
Dec. 1.37 1.3S 1.35% 1.37% • %
July 89% 91 89 91 *l%
Dec 75% 77 75% 77 * %
P ?TSJ- t 28.65 .20
Sept 27.80 28.13 27.80 28.15 .20
L July” t18.R5 .07
Kent 19.35 19.33 19.12 19.33 .07
M JST 116-35 • 30
Sept 10.70 16.85 16.67 16.95 • .03
•Gain. tNoratnal.
CHICAGO CASH GRAIN.
CHICAGO. July 21.—Wheat—No 1
mixed, $2.88: No. 5 northern spring
$2 fl(V0 2.7(>. Corn—No. 2 mixed. $1,514'
1 52% ■ No. 2 white. $1.56411.57: No. 2
yellow. $1.52® 1.53%; No. 3 yellow, $1 52%.
Outs—No. 2 white. 95(5f96%c; No. 3
white, 90%<@94c; No. 4 white, 87c.
TOLEDO CABH GRAIN.
TOLEDO, July 21. Wheat -Cash, $2.81.
Corn—No. 2 yellow. $1.61. Oats—No. 2
white, *l.o3'# 1.04. Rye—No. 2. $2.17. Bar
ley—No. 2, $133. Ctoverseed —Cash, $24;
October, $23 90; December. $23.80. Tim
othy—l9l7 and 1918, $5.40; 1919. cash.
$5.60; September. $5.70; October and I>e
cember, $5.60; March, $5.77%. Alsike •
Cash anil October, $23; December, $23.50.
PRIMARY MARKETS.
—July 21 —
(By Thomson & McKlnnjn.)
Receipts—
Wheat Corn Oats
Chicago 51.000 390.000 262.000
Milwaukee .. 7.000 487.000 5,000
Minneapolis . 194.000 9,000 22.000
Duluth 136,000 17,000
St Louis 141,000 43.000 46,000
Toledo fl.ooo 8.000 2.00<1
Detroit 3.000 4.000 9.000
Kansas Cilv. 252,000 31.000 29.000
Peoria 12,000 31.000 80.000
Omaha 97,000 49.000 10.000
Indianapolis.. 27.000 67.000 36.000
Totals 026 00*1 CsO.OOO 544.000
Year ago ..2,553,000 431.000 1,071,000
—Shipment*
Wheat Corn Oats
Chicago 92.000 115.000 98,000
Milwaukee .. 1.000 15,000 29.000
Minneapolis . 103.000 11,000 45,000
Duluth 43,000
St. Louis 76.000 47.000 76.000
Toledo 2,000 3.000
Kansas City.. 197,000 20.000 7,000
Peoria 10,000 28,000 34,000
Oxr.alm 61,000 55.000 8.000
Indianapolis 30.000 22,000
Totals 573,000 329.000 822,000
Year ago .. 395,000 245,000 926,000
—Clearances —
Dom. W. Corn Oats
Philadelphia.. 111.000
Totals 111.000
INDIANAPOLIS CASH GRAIN.
July 21—
Bldg for car lots of grain snd hay at
the call of the Indianapolis Board of
Trade were;
Wheat -Steady; No. 2 red, $2.81 ‘/a.
Corn—Easier; No. 3 yellow, $1.56®
IJ>6%; No. 3 mixed, $1.55%; No. 6 mixed,
$1.51; sample mixed, $1.41.
Oats—Easier; No. 2 white, 97®95%c;
No. 3 white. 86/ic; No. 4 white, 94yic.
Hay—Weak: No. 1 timothy, $34®54.30,
No. 2 timothy, $33@33.50; No. 1 light
clover mixed, $33@33.50; No. 1 clover
mixed. $32.50®33.
—lnspections—
Wheat No. 1 red, 1 car; No. 2 red,
18 cars; No. 3 red. 2 cars; No. 4 red,
2 cars; total, 23 cars.
Corn—No. I white, 8 cars; No. 2 white,
o cars: sample white, 3 cars; No. 1
yellow, 6 cars; No. 2 yellow, 8 care;
No. 3 yellow, 2 cars: No. 1 mixed, 1
< ar; No. 3 mixed. 2 cars; No. 6 mixed
1 cor: total, 36 '-ars.
oats No. 1 white, | car; No. 2 white,
.8 ea s; No. 3 white, 2 cars; sample
white, 2 cars; No. 2 mixed, 1 car; total,
14 cars.
Hay—No. 1 timothy, 1 car.
WHOLESALE MEATS.
Wholesale meat prices are quoted by
Indianapolis packers as follows;
Hams —Regular, 14 to lb lbs, 42%c;
skinned, 8 to 10 lbs, 43c; fancy boiled,
10 to 13 lbs, 63c.
Bacon Fancy breakfast, 5 to 7 lbs.
48c; fancy sliced, 1-lb carton, 57c; sugar
cured. .4 to 6 lbs average, 47c.
Salt Meat —Dry salf Indiana butts,
16c.
Lard Refined, tierces basis 20%c;
open kettle, tierces basis. 21@21%c.
Fresh Pork —Spare libs, 18 ! /sC; shoul
der bones, 7%r; tenderlins, 58®C2c;
dressed hogs, 24%c.
Beef —Steers, medium, 400 to 500 lbs,
21 %c; No. 2 heifers, 20c; native cows,
! 186®19c; medium cows. 14@15c; loins,
i No. 2,29 c; No 8,20 c • ribs, No. 2, S9c;
No. 3.25 c; rounds, No. 2,29 c; No. 3,
! 27ci chucks, No, 2. 15c; No. . 14c!
I plates, cow. No. 2,12 c; No. 3,19 c.
INDIANA DAILY TIMES, WEDNESDAY, JULY 21, 1920.
In the Cotton Markets
NEW YORK, July 21.—The cotton
market opened 2 points higher on June
and 3 to 25 points lower on other de
liveries today. The weather in the belt
was unfavorable. Pressure was exerted
after the start and prices broke about 40
points from the opening levels. The
south was an active seller.
The market was irregular In the late
dealings on small transactions. The
close was barely steady, unchanged to
55 points lower.
NEW ORLEANS, July 21.—Cotton fu
tures opened 8 points higher for July
and 14 to 44 points lower for othero ptlons
and after a short advance of 7 to 16
points in the near options, again started
downward, selling 17 to 55 points below
the opening. Bearish cables and brisk
selling from New York were factors. The
dose was steady, net 29 to 54 points
lower.
LIVERPOOL, July 21. —Spot cotton
opened in fair demand, with prices
steady; sales, 7,000 bales. Futures opened
steady.
On Commission Row
TODAT’B PRICES.
Apples—Barrels, sS@ll; boxes, s4@
4.50; baskets, $2.50(£4.
Asparagus Fancy home-grown, dozen,
03fii40(:; California, case, $2.50@3.30.
Bananas—Pound, Bfdloc.
Blackberries—Crate, $3(86 50.
Cabbage—Fancy Texas, barrels, 2%@
3%c; Mississippi, $3.50<g4.25; home
grown, bbl, $5.
Beans—Michigan navy, in bag*. per lb,
B%@oc; California pimas, in sacks. 13(Jj1
14c; marrowfats, per lb. 14y.(gi50; green,
fancy, home-grown, bushel, 75c(<451.50.
Beets—taury Kentucky, per hamper,
$1.25; home grown, doz, 40c.
Blackberries—24 pint crate, $2.25@2.40;
24-qt crate, $404.50.
Cantaloupe—('rate, standard, $4445.50;
daf. $2.
Carrots—Forty-!l>. basket, $2.50; home
grown, ,30c per doz bunches.
Caul!f%vvcr—Crate, $3(34.
Celery—Florida, per crate, $7: fancy
trimmed, per doz, $232.50.
Cherries—l6-qt case, $3.50@4; New Al
bany, crate, $6; bnsket, $2.50.
Cucumbers—Fancy hothouse, per doz, ;
$2; fancy Florida, 6-doz crate, $5.23;
home-grown, doz, $1 30,'82.
Grapefruit—Extra fancy Floridas, $3.50 !
@6.60 a box.
Gooseberries—l6-qt case, $4
Kale—Fancy home-grown, per üb, sl.
Lemons-Extra fancy, California $4.50
SO.
Lettuce—Home-grown, leaf, per lb, It
S7c; Iceberg head lettuce, per crate, $3
@7: btne-grown. 10@12e per lb.
Mangoes—Fancy basket. $1@1.30.
Granges Extra fancy California*, na
vels, ss(>f7; Valencies, $4.75@6; extra
fancy mediterranean sweets, *579x88.
Onions—Fau"y new Texas white, .50-
II- crate, $2; rime yellow, $1.75; home
grown. green, doz, 10@25c.
Taranlpa—Fancy. 63-Ib hamper, $1.65.
Parsley—Fancy home-grown, 85c doz;
southern, $1 do*.
Peaches- Hon •• grown, bu, ,$2®2.50;
Georgia, crate, $2.50(84.50; Mlssianlppi, $3
Peas—Fancy Mississippi, per hamper,
s2@; 1.50; fancy telephones, bu, $4.
Pineapples— Ripe Havanas. $4 50@7.50
Potatoes—Northern whites, $8 per 100
lbs; hag*. sl2; new Texas $9 per Mo
lbs: fancy new Florida Rose, per bbl,
$14,506(15; per 53-lb basket, $5.25; Vir
ginia and Kentuiky cobblers, bid, $11.50
@l2.
Radishes—Home-grown, button, doz ,
bunches, 254i'15c; southern, long. 15@2G<. :
Raspberries - Red, 24 pt crate. $6; black,
24-pt crate, $4.50@6; pints, $3 73(84.
Rhubarb—Home-grown, doz bunches,;
35c.
Seed Potatoes— truh Cobblers, Maine,
per 100 lbs SB.
Sweet Putntoe#--Fancy Jersey*, $3(55
3.25 per hamper.
Seed Sweet Potatoes—lndiana grown
yellow .Terseya, per bu. $1.25
Spinach—Fancy, per bu, sl@l 50.
Tomatoes—Basket. $1 75(83 25.
Watermelon* Fancy Florida, 75c(851.
CHICAGO PRODUCE.
CHICAGO, July 21 Butter—Receipts,
17.068 tubs; creamery extra, 53%c. stand
ard. 55%c; firsts, 49(U540 seconds. 44@
48c; packing stock, 34<84**c. Eggs—Re
ceipts. 17,519 cases; miscellaneous, 42@
♦3%e; ordinary firsts, 40@40%c; firsts.
43%@44%c; extras, storage. 43%@16c;
checks, 24@34VsiC. dirties, 28@:t6%c, Cheese
Twins (new). 23%@24c; daises, 24@
24%c; young Americas, 23%c; Longhorns,
25%c; brick. 23@25%c. Live poultry—'
Turkeys, 40-; chickens, 41c; springs,
broilers, 4>@460; roosters. 24c geese, 20
flit. 30c ; ducks, 30 832 c Potatoes—Receipts,
47 cars- Missouri and early Ohio, $4.90@
5 10; Kentucky cobblers. $5 90@6.10 per
cwt; Virginia, barrel, $9.75@110.25.
WHOLESALE EKED PRICES.
Ton Sacks. Cwt.!
Acme brand $00.25 $3.00
Acme feed 62.23 8,13
Acme middlings 06.23 3.33
Acme dairy feed 78.23 5.95
EZ dairy feed 60 25 3.50
Acme H A M 84 25 4.23
C. O. A B chop 70.25 3.35
Acme slock feed 70.00 8.55
Acme farm teed 72.25 365
Cracked corn 83 75 4.23
Acme chick feed 83.25 4.20
Acme scratch 80.25 4.05
E-Z scratch 09.23 8.80
Acme dry mash 80.25 4,03
Acme hog feed 80.00 4.05
Acme barleycorn 83.25 420
Ground barley 84 73 4.30
Ground 0at5.,.,.. 85.75 4.35
Hrnnllk white 80.75 4.10
Rolled barley 84.75 4.30
Alfalfa mol 73.00 8.70
Cotton seed meal 80,00 4.05
Kafir corn meal 68.25 3.45
QbaINK
Shelled corn, smail lots $ 2.05
Shelled corn, large lots 2.04
Shelled corn, bu sacks 2.14
Oats, 3 bu aack 1.34
Oats, bulk, large.... 1.28
Oats, less than 100 bu 1.29
Chicken wheat, cwt. sacked 4.50
CORN MEAL AND FLOUR.
Corn meal, cwt, net $ 4.90
E-Z bake bakers' flour. 98-lb tacks 14.70
WAGON WHEAT.
Indintiapolis flour mills and elevators
are paving $2.53 for No. 1 red wheat,
$2.50 for No. 2 red and $2 45 for No. 3
red. Other grades on their merits.
Illinois Seeks U. S.
Aid in Coal Tangle
CHICAGO, July 21.—The Illinois coal
field faces a serious situation, a com
mittee from the Illinois Coal Operators'
association declared today before leav
ing for Washington to ask for aid in
heading off a runaway strike of shift
men In the bituminous Odd.
Frank Farrington, president of the
Illinois United Mine Workers, declared
union officials had been unable to stop
the Htrike. The men demand a $2 a day
increase in wage*.
Operators admit the men are not, get
ting a living wage, but are powerless
to deviate from the contract, Farrington
said.
Negroes Get S3O
in Store Holdup
Special to The Times.
ANDERSON. Ind.. July 21.—Three ne
groes, supposed to be from Indianapolis,
held up a clerk and a customer In Ber
nard O'Donnell’s drug store Tuesday
night arid escaped with S3O belonging
to the drug store and $lO belonging to
n customer.
One of the men asked for 10 cents’
worth of candy, and while the clerk was
getting It for him the other two negroes
stepped In front of the clerk and pointer
revolvers at him.
The negro who asked for the candy
then robbed the cash drawer and took
$lO from Ermston Druly, a customer.
J. F. WILD, Jr.,
BROKER
315-320 LEMCKE BUILDING
1 buy L Commercial national Bank Stock
sell'" Consolidated Graphite Mum* Cos.
Main 1734 PHONES Auto. 21*733
25-CENT DECLINE
IN HOG MARKET
Calves Sharply Higher—Sheep
and Cattle Weak.
RANGE OF HOG PRICES.
Good Good Good.
July Mixed. Heavy. Light.
15.515.25@15.40 $15.00@15.36 $15.26@15.60
18. 15.&0@>16.00 10.50@15.75 15.76@16.00
17. 16.00@16.40 16.00 @ 16.25 16.25 @ 16.50
18. 1fi.25?i16.40 16.00@16.25 16.26 @ 18.eO
19. 16.50 @16.65 16.35@16.50 16.65@16.75
10. 1.65@16.75 16.50 @16.65 16.76@T6.90
I 21. 16.25@16.50 16.C0@16.25 16.40@16.0
On easier trading conditions hog
prices receded 15(g25c on the 100 pounds
today, with a fair degree of activity to
the dealings.
While receipts here were only of mod
erate proportions, approximating 8,000
bogs, with 600 left over, receipts at other
important markets were large and prices
as a rule somewhat lower, which was a
factor in favor of buyers here.
The trading was comparatively broad,
and extended to desirable grades of all
classes. Hogs averaging 160-259 pounds
*old at $16.40@16.50, while lots averaging
250-300 brought sl64i 10.25.
Heavy hogs moved freely, and pigs and
roughs were practically unchanged.
A weaker tone prevailed in cattle, with
good steers moving rather slowly. Fernalo
killing stuff, however, found a good out
let and prices held about steady. Re
ceipts were 800.
Calf prices met with a sharp upturn
on an influx of buying orders from the
east. The best veal calves ■were $1 above
the levels of Tuesday at slo@l7, with
several sales of extra fancy stock made
as high as $17.50.
Most of the trading, however, was
done below sl7. Receipts were 700.
Sheep and lambs were plentiful, the
unusually large run causing a setback of
50c to $1 in prices. The best fat sheep
brought $5.60, while choice lambs were to
be had at sl2.
HOGS.
Best light hogs, 100 to 250 lbs
average 10.40@1f1.50
250 to 300 lbs. average 1f1.00@1f1.25
over 300 lbs. average 15.50@16.00
Best pigs, under 140 lbs 14.50@15.50
Bows 12.00@13.25
Bulk of sales IfIJSO
CATTLE.
Prime cornfed steers. 1,300 lbs
and up 16.00@18.25
Good to choice steers, 1,200 to
1,300 lbs 14.00@16.00
Good to choice steers, 1,100 to
1,200 lbs. 12JW@14.08
Good to choice steers, 1,000
to 1.100 lbs i1.00<g12.00
Common to medium steers,
900 to 1.000 lbs 9.50@11.0tl
—Heifers and Cows—
Good to choice heifers 11.50@13.00
Medium heifers 10.09® 11.50 ;
Common to medium heifers .. [e-mail]
Choice cows 1u.00@12.00
Good to choice cows s.oo@ 9.00
Fair to medium cows 7.00® S.OO
Cauners ti.oo@ 7.00
Cutters 4 004* 6.00
—Bulls—
Good to choice butcher bulls. 6.00<$ 9.00
Bologna bulls 5.50@ 8.50 1
Light common bulls 4 50@ 0.00
—Calves—
Choice veals 16.0>)@17.00
Good veals 15.00@1ti.00
Medium veals 14.00ti15.00
Lightweight veaisj 10.00® 12.00
—Stockers and Feeders
Good to choice steers. SfO lbs.
and up 9.00@10.00
Good to choice steers, under
800 lb* 8 no® 9.00
Medium to good cows 5.50(a 6.00
Good cows o.oo*B 7.00
Good heifers 7.<X)'j* 8.00
Medium to good heifers 7.75*8 8 23
Good milkers 50 00@125.00
Medium milker* [e-mail]
Stock calves 250 to 450 lbs 7.00@10.i10
SHEEP AND LAMBS.
Good to hoice sheep 5.00<8 5.50
Fair to good sheep 3 30@ 5.00
Common to medium sheep.,.. 2.50@ 3.50
Bucks .... 2.50@ 4.00
Uuiln —
Common to choice yearlings.. 6.00® S.OO
Good to choice clipped 3.oo'ii 7.00
Sprlug lambs 1000@12.00
Other Live Stock
CHICAGO. July 21.—Hogs- Receipts.
18,000; market mostly lo®lso lower;
bulk. $14.50® 10.50; top. *10.05; heavy,
$14.75® 10.25; medium. $15.65® 10.410; light,
$14.50® 16 6o; heavy packing sows, smooth,
*14®14.75; roughs. $13.25®14; pigs $13.50
®ls.
Cattle—Receipts. 9.000; handy weight
steers steady; others dull; calves. 50'
higher; steers, choice and prime, $16.10
9:117; medium and good $13.00® 10.10;
good and choice, sl4 85® 10.75; common
and medium. sK>® 14.85; heifers. $0.50®
14; cows, $0.50®.21,75; bulls $0 25® 12.25;
cannerg and cutters. $4.50®6.50; canner
steers, $4.75®7.50; veal calve*. sl3® 10;
feeder steers, $8.50® 12.25; stocker steers.
M.SSQII; stocker cows and helfera. $5.50
@8.75;
.Bbeep-Receipt*. 16.000: market steady
to lower: lambs. $7.50® 10; yearling weth
era. slo® 14; ewes, $6.25®9.
CINCINNATI, July 21.—Hoga- Re
ceipts, 4,000; market steady; heavy,
mixed snd medium, $10.75; light, JltS;
pigs. sl3; roughs. *l3; stags. $lO. Cattle
Receipts. 700; steers dull; butcher
stock, steady; bulls, steady ; calves, sl7.
Sheep and lambs —Receipts. 3,500; market
strong; abeep, $9; lambs, sl7.
CLEVELAND. July 21. Hogs—Re
ceipts, 2,000; market, 10@20r higher;
yorkers. $17.25® 17.35; mixed, $17.25: me
dium $17.25; pigs. $10; roughs, sl3; stags.
8. Cattle—Receipts 500; market, 25c
lower. Sheep and lambs Receipts. 300;
market slow; top, $16.50. Calves—Re.
eeipts, 600; market slow; top, $lB.
EAST BUFFALO, July 21—Cattle—Re
ceipts, 575; market steady; shipping
steers, $15.50® 16.25; butcher grades, $lO
®ls; cows. s3® 10.50. Calves- Receipts,
390; market, active, steady; culls, choice.
so® 18.50. Sheep and lambs Receipts,
400; market active, steady; choice lambs.
$15.30® 10; culls, fair. slo® 15; yearlings.
$11®13; sheep, ss® 10. Hogs—Receipts,
10.000; market active, steady; Yorkers,
*17@17.05; pigs, sl7; mixed, $17.50®17.60;
heavies, $16.25017; roughs. sl2® 13.25;
stags, s9®lo.
PITTSBURG, July 2L—Cattle—Re
ceipts light; market steadv; choice, sls
(Q 15.75; good, $14.25® 15; fair. sl3©H ;
veal calves, $17.80®18. Bheep and lambi.
—Receipts light; market lower: prime
wethers, slo® 10.25; good. sß®9; fair
mixed, s7®B; spring lambs, sß®ls. Hogs
Receipts, 10 double decks; market
steady; prime heavies. $10.25® 16.50; me
dlutns, $17.40® 17.50; heavy yorkers, $17.40
Ca 17.50; light yorkers, $1.25®10.75; pigs.
sls 50® 15.75; roughs, sl‘i® 12.25; Btags,
$8.50(89.
EAST ST. LOUIS, July 21.—Cattle-
Receipts, 6,300; market, tower; native
beef steers, s9® 15. yearling beef steers
and heifers, $11.50® 12.25; cows. s9®ll:
stockers and feeders. $5,75©9.75; calves.
$12®13; partners and cutters, $4®6.50.
Hogs—Receipts, 10.000; market, steady
to 10c lower; mixed and butchers, $16.30
®16.60; good heavies, $15.50@10.15. rough
heavies, $12.50@13.50; lights, $10.35<@18.60;
pigs, $13®16; bulk of sales. $16.36®10.55.
Sheep—Receipts, 4,500; market, steady;
ewes, sß®i>; lambs, sl4® 15.25. canners
and cutters, s2®4.
CLEVELAND PRODUCE.
CLEVELANI*. July 21. Butter—Cream
ery In tubs, extra, 01®81%c; extra
fancy, Go®6o%c; firsts, 39®59'4c; seconds,
57@58c; packing, 35@40c. Eggs Fresh
gathered extra, "lc; fresh extra, 50c;
northern Ohio, fresh, new 1 cases, 47c; old
cases, 40c; western, 45c. Poultry-
Roosters. 20@21c. good fowls, 35®30e;
extra, 40c; brolie,s, 35@40c.
LOCAL HIDE MARKET.
Green hides —No. 1,15 c; No. 2,14 c;
Green calves —No. 1,15 c; No. 2, 20%.'.
Horsebldes—No. 1, $7; No. 2, $6. Cured
hides—No. 1. 17c; No. 2. 16c.
If You Are An Officer
of a Corporation
You will be interested to know that
by our system of special tax analysis
and research, our investigations
dealing with unusual or peculiar
conditions incident to your particu
lar business prior to the present
taxable year, we are qualified to
determine Hie original conditions
and thereby bring about very sub
stantial results.
Permit us to suggest that you con
sult with us at once, by appoint
ment, without obligating yourself,
that a more definite explanation
may be made.
f' CHAS. P.
DONEY
Income Tax
Established 1917
Suite 806
Hume-Munsur
lormerly Deputy Phones:
Tax Collector. Main 6416,
V y 23-144 Auto.
AMUSEMENTS.
H CONTINUOUS
TODAY
B—NEW FEATURES—B
In a Class by Themselves
THE THREE ALEX
Gymnastics IJeLuxe
All the Way From Dixie
EDMOND & ROGERS
Black Face Comedians
Lots of Pep Here
RENAKD A JORDON
The New Hotel Clerk N
For Lovers of Jazz
DAVIS & OLDSMITH
B Singers and Plano Manipulators
For Your Kujoyment
FISTS A FODDER
Special Comedy
A Laugh Provoker
JIMMIE LOSTER
Gentlemanly Conversation
Look Out for This
THE RUM RUNNERS
Mutt & Jeff
Fun a-la-Mode
SAX A WOODS
Singing and Talking
I And Don't Forget—Ladies' Bar-
U* gain Mon.. Wed.. Frl.
i RIALTO I
|9 VAUDEVILLE—PICTURES
A Downtown Beach p
THE COOL J" . SPOT
Three Ralph Madison I
pH Del.yous ,
fcjS Sensational I hinging dj
|Lt3 Equilibrists Miner
ls||| Apollo Duo Deeoursey A B
-23a Study in Jamieson Sj
Bronze * Rube Comedy I
bl Mason A Bailey—Black l ine.
George Walsh —Sink or Swim. B
pi Ladles get coupons at this the- H
ater good at the Broadway mat- B
gj| lnees Monday, Wednesday and ■
MURAT watisee today
gOl lflUnnl Evenings, 8:30
% 3 Mats.. Wed., Thur*., Sat.. 2:30.
gl THE STUART WALKER CO.
In Horace Annesley Vacltell's
Mystery Comedy,
f THE LODGER
B Dnsss Eve*., 50c. SI.OO. $1.50.
1 IICSS Mol.. 25e, 50c, 75c.
• —NEXT WEEK—
BABY MINE
CONTINUOUS VACDEVILLE
LYRIC
| I NTIL 11 P. M.
PAJ.FORD'S REVUE
/- Hudson Sister*
Crescent Barto „ 4 shea
Comedy A medio
I.ouden A Smith
4 Great Kln*-Ner
Famous Powell
Troupe
Fox Film Farce —"Ten Nights
Without a Barroom.”
MOTION PICTURES.
The name of Tom Mix has become synonymous for “Thrills.” He brooks no
“doubles” to perform the hazardous feats called for In the stories he enacts before the
camera, for in real life Mix is the original man that he appears to he on the screen —a
cowboy dare-devil who fears no man, nor balks at any deed.
If you like to feel the quickening of your pulse, see Mix as “No Limit” Carson, the
nervy deputy U. S. marshal, who runs a gang of gold thieves to earth In “The Terror.”
ifSIpH P Thursday, Friday
and Saturday
Universal Comedy Fox News Weekly
Last Times Today—“THE DEEP PURPLE”
B Vacation Voyages
Bermuda, Jamaica,
Cuba, Panama Canal
For Particulars See the Steamship Department.
Fletcher American Company
Pennsylvania and Market Streets.
MOTION PICTURES.
WAlfd THURSDAY
P 1 FRIDAY
SATURDAY
R. A. WALSH’S SPECIAL PRODUCTION
Os Paul Armstrong and Wilson Minzer’s
Absorbing Drama
“THE DEEP
PURPLE”
A Story of Intrigue in the Underworld-
Love in the Upper Crust
HANK MAIMN COMEDY
TODAY Sensational
THE FEMALE “BILL HART 71 “
TEXAS GUINAN 12 “The Night Rider”
A Smashing Story of Western Desperadoes
EUGENE O’BRIEN in ‘‘The Figurehead”
ENGLISH’S p oo M s
Thos. H. Ince’s Sensational Production
“BELOW THE SURFACE”
With HOBART BOSWORTH and a Wonderful Cast
Jhtffiffl I [ j the IDOL OF TIVO CONTINENTS
CHAMPION HEAVYWEIGHT BOXER
“*■ “ “ GEORGES
A MERMAID COMEDY CARPENTIER
“A FRESH START” lx
Pretty GirJs, Wild Animal* and a “THE WONDER MAN”
Hos * us New Funmitker *. A Drama of Modern Society in which
.. -r.- nv vvws ike most discussed man of today
THE CIKCLETTE OI NEWS proves h is ability as an actor as well
CIRCLE ORCHESTRA as a fighter.
AMERICAN HARMONISTS ALL WEEK
20TH CENTURY QUINTETTE EUINE HA^MERdTEIN
j ’ s XoTri
ColonialL whispers
ALL WEEK
F jSB li|| 111 J WILLIAM FAVERSHAM
n THE whd LQST himself