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Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, July 30, 1920, Home Edition, Image 17

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Low-Priced Rails Develope
Strong Tone.
-NEW YORK. July SO.—The stock mar
ket displayed a steady tone today. Trice
changes were narrow and generally con
sisted of trifling gains and losses.
Low-priced rails were the features of
early trading. st. Louis-Southwestern
common ran up anew high for the year.
Buying of industrials during the first
hour was confined to short interests.
At the end of the first hour trading
hecuiiie <|ulet
In the early afternoon Central Leather
was driven to 53, off over 4 points from
the opening. St. Louis-Southwestern Is
sues continued to hold up. while tile rest
of the list was giving way.
Transactions were on a small scale to
ward the close. National Enamel fell
nearly 7 .points to 58. Railroad shares
about a point below the high levels.
Motor shares and oil issues also were
down from 1 to 2 points from the fore
noon range. The close was heavy.
Government? bonds were unchanged,
and railway >nd other bonds steady.
Total sales today were: Stocks. 353,406
shares: bonds, $9,558,G00.
<By Thomson & McKinnon.)
—July 30—
, -Opening—
Bid. Ask.
Briscoe 3b 43
Chalmers common 2 5
Packard common 17 18
'Packard preferred 85 88
•Thevrolet 300 500
Peerless 35 37
Continental Motors com 9 014
Continental Motors pfd 05 98%
Hnpp common 14% 14-%
Hupp preferred 98 101
Reo Motor Car 22 224
Elgin Motors S% 0
Grant Motors 3 3*4
Ford'of Canada 355 T.SS
United Motors 45 <?>
National Motors 9 12
Federal Truck 32 35
Paige Motors 20 27Va
Republic Truck 43 15
(By Thomson & McKinnon.)
—July SO—
Bid. Ask.
‘ "rlo-American Oil 00 21
Atlantic Refining 1159 120
Borne-Scrymser 425 475
Buckeye Pipe Line 85 87
These. Mfg. Cons 220 230
Colonial Oil pfd 163 108
Cent. Oil. Colo 1 15 125
Cosden Oil and Gas 6 7 s 74
Crescent Pipe Line 27 20
Cumberland Pipe Line 140 15ft
Elk Basin Pet? ..! 7% TL
Eureka Pipe Line 97 103
Gal.-Sig. Oil. prof (new).. $5 35
Gal-Sig. Oil. com 42 45
Illinois Pipe *Llne 152 158
Indiana Pipe Line 85 87
Merritt Oil 15 154
Midwest Oil 14 2
Midwest Rfg 150 153
National Transit 254 '-64
New York Transit 160 170
Northern Pipe Line 90 100
Ohio Oil 2SO 285
Oklahoma P & R 84 8%
Penn.-Mex 40 45
Prairie Oil and Gas 585 589
Prairie Pipe Line 195 200
Sapulpa Refg 54 5 7
Solar Refining 340 380
Southern Fipe Line 125 130
South Penn Oil 280 270
8. W. Penn Pipe Lines 65 68
Standard Oil Cos. of Cal.. 320 "09
Standard OH Cos. of Ind... 660 870
Standard Oil Cos. of K-ur ; .. 528 540
Standard Oil Cos. of Ky... 370 385
Standard Oil Cos. of Neb... 428 450
Standard Oil Cos of N. Y... .465 372
Standard Oil Cos. of Ohio.. 435 400
Swan & Finch 65 so
Union Tank Line 114 118
Vacuum Oil ’372 377
Washington Oil 27 34
f " ißy Thomson & McKinnon i.
—Julv 30
Bi<l. Aik.
* ,'urtls Aero, com 4 8
Sub Boat 104 ll'-i
First National Copper l i 14
Goldfield Cod. 9 11
Havana Tobacco v . 1 14
Havana Tobacco pid 5 10
Jumbo Extension * 4 5
Inter. Petroleum 32 33
Niplasin; SV. 0
Indian Pkg "4 Ti
Royal Bakins P0wder........120 130
Royal Bakins Powder pfd... &") 90
Standard Motors ." 8 9
Salt Creek 534 35
Tonopah Extension l’-j I**
Tonopah Minins 1 1 4 l r <.
Vnited P. S. new 14 14
r. S. Light and Heat : 2-j 2%
L'. S. Lisljt nud Heat. pfd.. 2
Wright-Martin 2 6
World Film '4 4
Jerome 4 4
Fnited Verde 31% 32
Sequoyah 4 *s
Rep. Tire 14 24
(By Thomson A McKinnon.!
—July 30-
\ Open. High. Low. Close.
Armour pfd 914 914 914 914
Carbide A- Car. 64 63*, 634
Cudahy Pack. Cos 84 84 ' 84 SI
Libby 12’, vu 4 i_ 12
Natl. Leather... 11 11 11 11
Rears-Roebuck. .13* 138 137 137
Stewart-Warner. 39 39 374 374
Swift * Cos.. 1074, 107 4 1074 107’i
Swift Inti 334 , 33 4 314 31'^
NEW YORK, July SO.—Copper—Dull:
spot to September offered at 84<y Lend
Firm; spot and July offered at 9.02 c;
August and September. 9.05 c. Spelter—
Easy: spot to October offered at 7.80 c.
Tbe following are the Indianapolis
prices of hav bv the wagon load:
Hay—Loose timothy. $32*534 a ton:
mixed. $9631: baled. j>3srt?37.
Oats—9scCtfl a bn.
SEVENTEEN nice Rhode Island hdn*
and two roosters, also setting eggs.
Xqyth 4650. ,
ILLINOIS LUMP .-7- ■8.25
Main 2131, Main 3531.
The undersigned. Junes M. F- gk, trus
tee of Decatur township. Marlon gounty.
Indiana, hereby gives notice that upon the
sth day of August. 1920, at 9 o'clock a tn..
sealed bids will he received at the office
of the township trustee at TVes{, Newton.
Indiana, for one motor-drawn bus. to be
delivered at West Newton.
The trustee and advisory board reserve
the right to determine the lowest and
best bidder and also the right to reject
any and all bids. Non-collusion affidavit
must accompany the bid. The successful
bidder will be requested to give a satis
factory bond.
Dated this 14th day of July. 192(F
JAMES M. BURK,'Trustee.
West Newton.
*l*lW>**l***^ <> **- > * ~Ti N*K*fWS* %WWM
Fifth floor Indianapolis Securities Bldg.
Southwest corner Delaware and Market.
Second Mortgage
R*i eatate ioane made on good farm*
t Improved city propertlee. UIB
iwaro street. Main 161*. I
tIKANCE In all branches. aL'BReTy
D.' PORTER. 1* People* Bank Bldg.
Main 704*.
WE MAKE aocond mortgagee on far mot
city property. AETNA MTG. AND INV.
CO. Main 7101. 60S Fidelity Trust Bldg.
LOANS on Diamonds: 3 VV% per month.
Indianapolis Securities
- " —July 30-
Ind. Ry. & Light com 55/
Ind. Ry. & Light pfd 95
Indpls. & Northwest pfd 75
Indpls. & Southeast pfd 75
Indpls. St. Railway 53 CO
T. H., T. & E. com I 3 * 5
T. H„ I. &E. pfd 9% 16
T. H., T. & L. pfd 60
U. T. of Ind. com 1
U. T. of Ind. Ist pfd 10
U. T. of Ind. 2d pfd ... 2
Advanee-Kumely, com.
Advance-Rumely pfd,---
Amcr. Central Life 235
Amer. Creosoting pfd 93
Belt Railroad com 72 82
Belt Railroad pfd 474
Century Building pfd, 98
Cities Service com 312 316
Cities Service pfd 65% 66>;
Citizens Gas 294 35
Dodge Mfg. pfd 99
Home Brewing 55
Indiana Hotel 60
Indiana Hotel pfd./ 90
Ind. National Life 44 ...
Ind. Title Guaranty 59 69
Indiana Pipe Line 84
Indpls. Abattoir pfd 48 51
Indianapolis Gas 48 54
Indpls. Tel. com 2
Indpls. Tel. pfd 8
Mer. Pub. Util, pfd 43
National Motor 9 10
Public Savings 24 ...
Rauh Fertilizer pfd 40
Standard Oil of Indiana 650
Sterling Fire Insurance B*4 9%
VanC'amp Hdw. pfd 95
Van Camp Pack, pfd 95
VanC'amp Prod. Ist pfd 95
Van Camp Prod. 2d pfd...... 95
Vandalia Coal com .• 5
Vandalia Coal pfd 10
Wabash Ry. com 7 ...
Wabash Ky., pfd 20
Banks and Trust Companies—
Aetna Trust 100
Bar kers Trust 118
City Trust 82
Commercial /National 04
Continental National 112
Farmers Trust 290
Fidelity Trust 120
Flffher American National. 257
Fletcher Sav. & Trust 163
Indiana National 283 287
Indiana Trust 195
Live Stock Exchange 400
Merchants National 275
National City 112 120
People's State 176
Security Trust ,120
State Savings and Trust ’ $8
l nioa Trust 340 370
Wash. Bank A Trust 1134 •••
Broad Ripple 55... 40
Citizens St. Ry. 5s 724 80
Ind. Coke A- Gas Cos. 6s S7
Ind. Creek Coal A Min. 65../ 98
Ind. I'nion Traction
Indpls. -v Ooluin. South. 55.. 88
indpls. -V Greenfield 5s 90 ...
Indpls. & Martinsville 5... 59 ..
Indpls. A North 5s 35 ; * 4 40
Indpls. & Northwest. 5s .... 40 59
Indpls. A Southeast. 5s 44
Indpls.. Shelby & S. E. 5s 89
Indpls. St. Ry. 4s 56 62
Indpls. Trac. A- Ter. 5s 65
Kokctno, Marlon A- West.... sOVi 834
T. H„ I A E. 55..../ 49 57
Union Traction of Ind. 55... 50 59
Citizens Gas Cos .... 734 79
Ind Hotel 2.1 6s 94 100
Ind. Gas 5s 72 80
Indpls. I- A H. 5s 75 82
Indpls. Water 5s 874 92
Indpls. Water 44s 71 80
M. H. A- L. ref. 55.....‘ 87 90
New Tel. Ist 8a 94 . ...
New Tel. Long Dist. 5s 934
South. Ind. Power 8s 86
Liberty 34s 91.00 92.00
Liberty first 4s 85.70
Liberty second 4s 84.58
Liberty first 44s 65.70 85.90
Liberty s'-rotid 44s 84,J0 M. 90
Liberty third 4 ! j3 sst.62 88. Sn
Liberty fourtlf 4' 4 s 85.12 85.24
Victory 3-%s 95.72 95.92
Victory 44s 95.70 95.96
Money and Exchange
Indianapolis bank clearings Friday were
*2,988,000, against 52.507,000 a week ago.
NEW YORK. July 30. —Demand ster
ling was weak in the foreign exchange
market today, droppibc to anew low on
the move of $3.70, a beeline of 24 cents
ne*. Franc rabies were 10 points higher
at 7.66 c: checks at 7.6 V. Lire cables
were 5.33 c: checks. 3.32". Belgian cables.
R.lbc: rt>eck3. 8.13 c: guilder cable#. 344":
■ hecks. 344 c; marks, 2.3V'; Canadian
dollars, 88.25-?. ,
NEW YORK. July 30. Commercial bar
silver was quoted unchanged a* fiiH-jc;
foreign. ••■,(■ lower at t2-"w. London bar
sllve.% 4d higher at 56 1 ,-
NEW YORK. July 30 Money —Via It
money ruied at 8 per cent; high, 8 per
cent: low, 8 per cent. Time rates were
firm; all rates BVi<jj9 per cent. Mercan
tile paper was steady. Sterling ex
change was weak, with business in bank
e-V MBs at 53.70 V, for demand.
Terse Market Notes
STOCKS- Twenty representative in
dustrial stocks at the close of business
Thursday showed An average of 87.81),
an increase of .93. Twenty active rails
averaged 72.88. an increase of 108.
According to the federal reserve board,
cancellation of orders and gm-ra! re
adjustment bate been the outstanding
features of business during the month
of July.
During the six months ended June 30,
Vanadium Steel earned 81 319.500 after
all eharges and federal taxes, which is
53.53 a share on the stock.
International Harvester declared a
stock dividend of 124 per cent on the
common stock, payable in common stock
on or b o fore Sept. 15. to stockholders
of record Aug. 20.
cdTTON—The Journal of Commerce
estimates of the cotton crop condition
is placed at 74.S per cent, an advance of
3.3 points. The condition a month ago was
71.5 per cent, und a year ago 70.1 per
cent. The ten-year average Is 77.2 pr
In the (Jotton Markets
N'KIV'YOI’K. .Inly 30. The cotton mar
ket opened steady at a decline of 5 to ft
points today. October was in the best
demand and shortly after the start
showed a net gain of 3 points, as com
pared with losses of 2 to n points on
; later positions. Selling was induced I>>
poor cables, favorable weather, easy rates
of foreign exchange aJM bearish report*
from the textile trade. Liverpool traded
on both sides of the market, the south
sold and spot concerns were fair buyers
of the nearer deliveries.
Renewed speculation and southern
selling gave ihe late afternoon a weak
undertone. The close was barely steady
at a net decline of 20 to 55 points. •
LIVERPOOL. July 30.—Spot cotton
opened In small demand: prices steady;
sales. *.OOO hales. Futures were quiet.
Eggs -Fresh. loss off, 13c.
Poultry—Fowls, 29e; broilers, li£ to 2
lbs, 40c; cocks, 17c; old tom turkeys,
30c; young tom turkey*. 12 lbs aud up,
35c; young hen turkeys, b lbs and up,
35c; thin turkeys not wanted; ducks,
4 lb and up, 20c; ducks, under 4 lbs.
17c; young ducks, 30c; geese. 10 lbs
and up. 16c; squabs, 11 lbs to dozen,
Butter—Clean packing stock, 36'* lb;
fresh creamery butter In prints Is selling
at wholesale at 52<§tilc: in tubs, 58c.
Butterfnt—Buyers are paying 57@50c
for cream and llvered at Indianapolis.
Cheese (jobbers' selling price*!
Brick, 304t35e -Ibj Now York cream, 35c;
Wisconsin fgll oreair, long
horns, SSiiSjASt l ; limburger, 34@3Se;
Swiss, domestic, 60(g05c: Imported, sl.
• 'HIC'AGO, July Do. Butter—Receipts.
'J 328 tubs; extra firsts. 17Vi4J52c; pack
ing stock, 34@40d. Eggs-Receipts, 10,57(1
cases; miscellaneous, 1 ltg;43Vic; ordinary
firsts, 40@41Vic ; firsts. 43%@45c: extras,
47(g47 , -l.c. checks, 24^3- T >c; dirties, 24@37.
Cheese—Twins. new, 23%@24c; daisies'. 24
Ctj24 l iu; Longhorns. 25Vc; brick,
25Vic. Live poultry
ens. 32c; broilers, 38<S;42e; roosters. 23c;
gees-’. 20t^25c: ducks. 28c. Potatoes—Re
ceipts. 35 car*; Kansas. Missouri and
Cattle Market Barely Steady
—Calves Strong.
Good Good Good.
July Mixed. Heavy. Light.
23. J 16.16.50 *[email protected]
24. 16.2&@ 16.50 [email protected] [email protected]
26. 16.00 @1 0.25 15.75 @ 16.00 [email protected]
27. 15.25 @ 15.50 [email protected] 15.75
28. 16.60 @ 15.75 [email protected] [email protected]
29. [email protected] [email protected] [email protected]
30. 15.75 @ 16.00 15 [email protected] [email protected]
A strong demand from local packers
and eastern buyers caused prices of hogs
to advance 25@50<; cents today, with a
few selling fas high as $16.63. Receipts
numbered 10,(XX).
The cattle market was barely steady,
with a drop of 25 cents in female stuff
and a slight Increase in good steers. The
best steers brought as high as $16.50.
But few good steers were In the mar
ket. only a small number of which were
Owing to a big demand there were in
creases In the prices of calves, a few ex
tra fancy veals bringing as high as
$lB 75. The bulk of good calves sold at
Sueep prices ware steady.
Best light hogs, 160 to 200 lbs
average .$16.25® 16.50
250 to 300 lbs average 15.50® 16.99
Over 300 lbs average [email protected]
Best pigs, under 140 lbs 16.00mT6.50
Sows 12.00® 13.50
Bulk of sales [email protected]
Prime cornfed steers, 1,300 lbs _ _
and up [email protected]
Good to choice steers, 1.200 to
1.300 lbs [email protected]
Good to choice steers. 1,100 to
1.200 lbs [email protected]
Good to choice steers, 1.000 to
1.100 lbs 11.00® 12.00
Common to medium steers.
900 to 1.000 lbs 9.50® 11.00
Hellers and Cows—
Good to choice heifers 11.00® 13.00 i
Medium heifers lo.ootgu.oo
Common to medium heifers. . [email protected],
Choice cows [email protected]
Good to choice cows B.oo® 9.00
Fair to medium cows 7.00® 8.00
Can uers 6.00® 7.00
Cutters , 4.00® 6.00
Good to Choice butcher bulls. 6.00® 9.00
Bologna bullp 6.00® 8.00
Light commoh bulls 5.00® 7.n0
Choice veals [email protected]
Good veals 16.75® 17.75
Medium veals 14.50® 16.50
Lightweight, veals 9.00®14.0b
—Stockers and Feeders—
Good to choice steers, 880 lbs.
and up [email protected]>*j
Good to choice steers, under
800 lbs. 8 00® 9.001
Medium to good cows 5 50® 6.0)
Goods eon s 6.00® 7.01 i
Good heifers 7.00® 8.0)
Medium to good heifers 7.75® 8.25
Good milkers [email protected]
Medium milkers 6000@100.(V9
Stock calves 250 to 450, 1b5.... [email protected];
Good to choice sheep 5.00® 6<x)
Pair to good bboep 3 5.06
Common to medium sheep ... 2.50® 3.50 i
Bu kg 2.50® 4 00
Common to choice yearlings B.oo® 9.00
Good to choice clipped 3.00® 7.00 i
Spring lambs [email protected] ,
Other Live Stock
CHICAGO. July 30.—Hogs-RecelpU,
16.000; market steady to 10c higher:
bulk. $13.85(d!!8; top. $16.10; heavy. 514.30
(■0115.65; medium, $15.10.10; light.
16.10; heavy packing aowi, smooth. 513.7a
(314.25; packing sows, rough. 513 254}
13.75; pigs, $14(3:15.40.
Cattle—Receipts. 5.000; market, steers
steady to higher: butcher cattle steady.
Beef steers—Choice and pphne. sl6<'(t 17.10;
medium and good. *12.50<g16; good to
choice. ’514.75(g16.75: common and medi
um *9.50-314.75; heifers. 56&14.75; cows.
55.50tf12; bulls, 510(511-75; eanners and
-■utters. siftO; rnnner ateera 54.50Q7.25;
veal calves. sl7; feeder steers. $8(311.75;
sto< ker steers. $4.25(jj10; atocker cows
and heifers, $5(5850.
Sheep—Receipt*. 11.000: market gen
erally steady: lambs. sl2-315.40; lambs,
culls and common. 57.50(311.75; yearling
wethers. $9(313; ewes, culls and common,
CINCINNATI, July 30.■ -Hogs-Re
ceipts. 2.500; market steady to 25c high
er; heavy, mixed and medium. $16.75;
light, sl6; pigs. $13.25; roughs sl4; stags,
f-9 75. Cattle—Receipts. 1.000; market
dull and lower; bulls weak; calves, $lB
Sheep and lambs- Receipts, 6.000; mar
ket weik; sheep. sv39, lambs, 516.50;
selected top, sl7.
CLEVELAND. July 30 Hogs Re
ceipts. 2.500; market lOCakAc higher;
yorkers. sl7; mixed, sl7; medium, *16.85
(317; pigs, 5)7; roughs. 512.50; stags,
SB. Cattle—Receipts, 500; market slow.
Sheep and lambs—Receipts, 300; market
steady: top, 51-5. Calves —Receipts, 200;
market. $1 up;,top, 520.
PITTSBURG, July 30. Cattle—Ra
eelpta. light; market steady; choice.
nJ5.25(315.75: good. sl4 (3,14.75; fair, $lO
■.J15.50; teal >nlve-. s7'-: 12. Sheep an 1
ISinl-s—Receipts, light: market steads-:
prime wethers. 5!4.75i7j15; good, $5039;
fair mixed. $74t"..50: spring tames. Nocr
14. Hogs--Receipts, light; market
steady; prim- heavtes, sls I.Vsl6me
diums. $17.25(W,17.35: heavy yorkers.
$17.25--; 17.35: light yorkers. 51U.59&17;
pigs. sls 75-316; roughs. Silt'd 13.25; stags,
EAST BUFFALO. July 30. < uttie Re.
(cipts. 400: market slow, steady; prime
steers, [email protected]: shipping steera, #lo@
15; cows, [email protected]. Calves Receipts,
1.300: maiket active. higher; culls, choice.
s6@2l. Shop and lambs- Receipts, B<K>;
market slow. 50 cents lowet: choice
lambs. sls® 15.75; culls, fair. slo® 14.75;
yearlings, $11@12; sheep, ss@lo. Hogs
Receipts, 4.000; market active, higiier;
Yorkers. $16.75@17; pig*. sl.7S<®l7;
mixed, $16.75(^*17; heavies. sl6.2s<g| 16.50;
roughs. sl2@|!3; stags. *9(310.
Ton Sacks. Cwt
Acme brand $50.25 $3.00
Acme feed tt'2.25 3.13
Acme middlings 66.2A 3.3$
Acme dairy feed 78.25 3.93
F.-Z dairy feed 00.25 3.50
Acme H. & M 84.25 , ;jo
C. O. it B. chop 70.25 8.36
1 Acme Mock feed 70.00 3.35
Acme farm feed 72.25 3.65
Cracked corn 83.75 4.25
Acme chick feed 83.25 4.20
Acme scratch y8<).25 4 05
E-Z-scratch 60.25 3.50
Acme dry mash 80.25 4.05
Acme hog feed *O.OO 4.05
Acme barleycorn 83.25 420
Ground barley 84.75 4.80
Ground o?ta 85.73 4.35
Hnmlik white 80.75 4.10
Rolled barley 84.75 430
Alfalfa mol 73.00 3.70
Cotton seed meal 80.00 4.05
Kafir corn meal.... 68.25 3.45
Shelled corn, small lots $ 2 05
Shelled eorn, large lots 2J>4
Shelled orn, bu sacks
Oats, 3 bu sack L. 44
Oats, bulk, large 1.2s
Oats, less than 100 bu L2O
Chicken wheat, cwt. sacked 4.{g)
CLEVELAND, July 39.—Butter--Ex
tra, in tub lots, o7a-V*c; print*,
56c. extra firsts, 56(A®67c; firsts. 58 V-He
59c; seconds, 52@53c; packing, 3l@3*2c
| Kg-js—Fresh gathered northern Ohio
'extra firsts, 50c; firsts, new cases. 49c;
I old cases, 48<-; western firsts, new esses,
1 .< Poultry—Good, live fowls, 36c;
, broilers. 33<§4oc: roosters, 20®21c;
| spring ducks. 3S<24oc.
. Wholesale meat prices are quoted by*
Indianapolis packers as follows:
Hams—Regular, 14 to 16 lbs, 426ic;
skinned. K to 10 lbs, 42c; fancy boiled
10 to 13 lbs. Gsc.
B*con— Fancy breakfast. 5 to 7 lbs
47c; fancy sliced, 1-lb carton. 57c; sugar
cured, 4 to 6 lbs average. 46c.
Salt Meat—Dry salt Indiana butts, lttc.
Lard—Refined, tierces basis 21c; open
kettle, tierces basis, 2lV i (q.22c.
Fresh Pork—Spare ribs. 18'4c: shoul
der bones, 7 Vic: tenderloins, 60@64c;
dressed hogs, 2494 c.
Beef —Steers, medium, 400 to 500 lbs
21 >4c; No. 2 heifers, 20c; native cows’
13Hfal9Hc; medium cows. ll@15C; loins’
No. 2,29 c; No. 3.26 c; ribs. No. 2,39 -
No. 3,25 c; rounds. No. 2. 29c; No. 327 c;
chucks No. 2. 15o; No. 3.14 c; plates, cow
No. 2 12c - No. 3.10 c.
Loss in December Delivery
Over 10 Cents.
CHICAGO. July 30.—Grain futures on
the board of trade today dropped to
figures below the price guaranteed to
producers under war-time legislation.
December wheat started 24 down from
yesterday's close and logt another 8
cents before the close.
The guaranteed price of whea at Chi
cago was $2.26.
Lack of demand by exporters and fa
vorable weather, together with a belief
.that railroads are about to be given rate
raises which will bring most efficient
movement of crots were the principal
factors In today’s drop.
Wheat futures broke about'l3 cents
and.rye 7 cents, causing a drastic price
slump In all pits.
Exporters again lowered their bids for
wheat and the unsettled foreign exchange
situation added to the weakness.
The southwest reported that receipts
direct from the country were enormous,
despite the break in and at
tributed them to bankers insisting on
loans being liquidated. Wheat closed 104
@lo%c lower.
Corn started fairly steady on lack of
rains over night, but weakened on sell
ing for eastern account and lack of sup
port from the country, indicating that
crop dam Age Is not taken seriously out
side. July corn dropped 54c. The close
showed losses of 2Vi&j4kie.
Oats weakened under selling pressure.
July failled 24@3c under short covering
in the final half hour. Deferred months
closed %e lower.
Provision trade was narrow and largely
(By Thomson A McKinnon)
—July 30—
The pressure In the wheat market
never sterns to let up. December showed
a decline today at one lime of 12 cents a
bushel, and offerings from first hands
were insistent.
Kansas City reported buyers out of
the wheat market entirely, with export
bid* sharply lower and we. expect to see
free offerings on any rallies that take
Local interests appear willing to ab
sorb offerings early, but with Kansas
farmers offering to contract new corn at
sl.lO, and rains in lowa and South Da
kota, brought very liberal offerings and
a sharp decline.
The forecast for the corn belt was for
scattered showers, with present favorable
temperatures to continue '
Stop loss selllug and the heaviness In
wheat both contributed to the decline
which extended Into anew low price for
Prices do not seem to be low enough
to appeal to anyone to make Investment
purchases, and the buying that is done
seems mainly from shorts
We must expect rallies, as they are in
cldental to the sltuatlqp, but uuies* the
motive is a deterioration from the pres
ent brilliant crop promise, we do not ex
pect such reactions to prove other than j
The oats market was easier following
the trend of corn, the July especially
under pressure from people who had
overstayed thetr market.
There promise* to be a movement
sufficiently large to take care of all cash
demands and there I* nothing to predi
cate buying action on. In fact just the
reverse; any bulge in December to
around 70 cents should Invite sales.
- July 3tV -
Open. High. Low. Close. Loas
Dec. 231 232 221 2.23 10 4
Mar. 232 2.33 2.234 2.254 74
Jnly 1.444 1.444 1.38 1.394 |i 4
Sept 1414 1 41% t. 354 148
Doc 1.254 1264 1.224 1 23-4 24
July 78 7 fit) 754 794
Sept 69% 704 684 89 *
Dec. 894 894 69 89 4
July HUS 43
Sept 27.10 27 25 26.35 28.83 95
Jtllv 18 90 18 90' 1 3ft 1$ .V) 40
Sept 18 90 18.90 18.47 18.75 75
July 115 93 .03
Sept 16.45 l'Utl 15.95 15.95 73
CHICAGO, Julv 30.—Wheat--No. 1
red. $2.32-32.55; No. 2 red. $2.50®2 55;
No. 3 red, $2.50-52,52; No. 1 hard win
ter. $253(3258: No 2 hard winter, $2..Wn
2,52: No. 1 northern spring. $2.53; No. 2
northern spring, $2.55. Corn —No. 1
mixed. $1.44; No. 2 mixed. 51.43-ii1.45:
No. 3 mixed 5144; No. 1 yellow, $1.45
@146; No 2 yellow $1.44® 1.45; N-e 3
yellow, sl4s® 1.481?; No. 2 white, $1.44(11,
1.46. Oats -No. 2. 7bV*c: No. 2 white, i
7@7Bc; No. 3 white, 74@77c.
TOLEDO, July 30. -Wheat—Cash. *2.52.
Corn—No. 2 yellow, $1.52. Oats -No. 2
white. 81Va®24e. Rye- No. 2. f 1.7*1.
Barley—No. 2, $lO5. Clover seed—Cash,
$23; December. $19.55; March, $19.75
Timothy—(l9l7 and 1918) cash, 54.80;
(1319i cash. $4 85; September. 5* 95; Octo
ber and December, $4 75; March, $1.95.
Alsike—Cush and October, $22.35; De
cember, $22.50.
(By Thomson A McKinnon.l
July 30-
Wheat, Corn. Oats.
Chicago .. . 270.000 251,000 334.000
Milwaukee 29.000 99.000 ...
MinnAipolls... 227.000 18.000 23.000
Duluth 76,000 . 2,000
St. Louis 235,000 38.000 36.000
Toledo 14.000 3.000
Detroit 3,000 6.000 8.000
City. 401,000 8.000 57,000
Peoria 34,000 40.D00 27.000
Omaha 263,000 37.000 18,000
Indianapolis .. 98.000 36.000 30,000
Totala 1.628.090 466.000 614,000
Year ago 3.341.000 332,000 1.022,000
- Shipments
Wheat. Corn. Oats.
Chicago 197.000 135.000 249,000
Milwaukee ... 7.000 121,000 27,090
Minneapolis... 100,000 27.000 51.000
Duluth 1,000
St. Louis 159.000 24.000 24,(Ski
Toledo 1.000 3.000
Kansas City.. 197,000 19,000 9.000
Peoria 24.000 3.000 31.000
Omaha 100.000 ;;4.i'k>(( 30.0in>
Indianapolis... 7.000 39,000 4,000
Totals 792.000 465,000 426.<NM>
Year ago 722.000 272,000 431,000
—C lea ra ness
Domes. 4V. Corn. Oats.
New York 10,000
Philadelphia... 100,000
Baltimore 260.000
Totals 360,000 10,00<i.
Year ag0.... 181,000 lSß,ota)
Indianapolis flour mills ami elevators
are paying $2.40 for No. 1 red wheat,
$2.42 for ..o. 2 red and $2.37 for No. 3
red. Other grades according to quality.
Coroner Says Pike
Died of Paralysis
Mrs. James O. Pike, North Illinois
street, widow- of James O. Pike, who died
at Algonac, Mich., July 17, returned t.o
Indianapolis today with a coroner's
statement in which it was stated that
Pike died from paralysis.
It was reported that he had jumped
from a lake steamer, but the eoroner at
Algonae ht?ld that Pike died from paraly
sis and fell from the boat.
After Cadner Puffed,
Bed Smoked, Too
The Are department put out the flames
that were destroying the bed of Fred
Cadner. 1138 Villa avenue, last night and
then investigated to learn what had
caused the fire.
Cadnar said he had been smoking and
the hot ashes probably dropped on to
the bed.
Tbe loss sal $5.
On Commission Row
Apples—Baskets, [email protected]. '
Bananas—Pound, 9@loc.
Cabbage—Home-grown, bbl, $1.50@2;
lb, 2c.
Beans—Michigan navy, in bags, per lb,
S4@9c; California plmas, in sacks, 13®
1 ic; marrowfats, per lb, 14V4@15c; green,
fancy, home-grown, bushel, [email protected].
Beets—Fancy, Kentucky, per hamper,
$1.25; home-grown, doz, 40c.
Blackberries—24-pint crate, $2.50®3;
24-qt crate, ss®6.
Cantaloupe—Crate, standard, $4®5.50;
flat, $2.
Carrots —Home-grown, 30c per doz
Celery—Michigan. 6 doz crate, $2.75@
3 °S.
Cherries—l6-qt ease, $3.50@4.
1 Cucumbers—Home-grown, doz, $1.25®
I 1.50. '
1 Currants—Home-grown, 25-qt basket,
[email protected].
Grapefruit—Extra fancy Floridas, $5.50
@6.60 a box.
Kale—Fancy home-grown, per lb, sl.
Lemons—Extra fancy, California, $4.50
@5. '
Mangoes—Fancy basket, 50@65c.
Melons —Honey Dew, crate. $6.
Oranges—Extra fancy Californlas, na
vels, ss@7; Valencias, $4.75@6.
Onions—lndiana, 50-lb crate, [email protected];
home-grown green, doz, 15@25c.
Farsley— Fancy home-grown, 35c doz;
southern, $1 doz. •
I Pears—California Bartlett. 46-lb crate,
| [email protected].
1 Peas—Fancy Mississippi, per hamper,
) $3®350: fancy Telephones, bu. $4.
j Potatoes—Northern whites, [email protected] per
100 lbs; bags sl2; fancy new Florida
; Rose, per bill. $14.50® 15; per 55-lb bas
ket, $5.25: Virginia and Kentucky yob
biers, bbl, slo@ll. _
Radishes-Home grown, biTTton, doz
bunches, 25@ST,c.
Rhubarb—Home-grown, doz bunches,
Tomatoes —Basket. $U75@2.
Huckleberries Home-grown, crate.
; [email protected].
Sweet Potatoes—Alabama, bu, $3.50®
| 3.75.
. ; -
The following table shows th* state of
the weather at 7 a. m . July 30. as ob
served by U. S. weather bureau:
Station. Bar. Temp. Weath.
Indianapolis, Ind.. 30.00 71 Clear
Atlanta, Ga 30.14 74 Clear
AmarlMo, Tex 30.04 66 PtCldy
Bismarck, N. D.... 30.08 60 Clear
Boston. Mass 30.02 72 Clear
Chicago, 111 29.98 76 PtCldy
Cincinnati, 0 30.06 74 Clear
Cleveland 0 29.98 74 Clear
Denver, Colo 30.02 82 Clear
Dodge City. Kns>.. 30.02 88 Clear
Helena, Mont. . ... 20 98 84 PtCldy
Jacksonville. Fla .. 3010 78 Clear
Kansas CUv. M 0... 30.04 7 4 PtCldv
Louisville Ky 30.12 72 Clear
Little Rock. Ark . 30.10 78 Clear
Los Angeles, Cal.. 20.88 6‘, Clear
Mobile. Ala 30.10 76 Clear
New Orleans, La... 30.10 78 Clear
New York. N. Y... 30.08 66 Clear
Norfolk Va. . .'7.... 30.18 68 Clear
Oklahoma City ... 30.06 70 PtCldy
Omaha, Neb. 30 64 74 Cloudy
Phllßdelj.hlit. Ph 30.10 70 Clear
Pittsburg, Pa 30.02 72 PtCldy
Portland. Ore. .. . 30.12 56 Clear
Rapid (Try. S. 0... 30.10 64 Clear
Roseburg. Ore. ... 9,nu .V) Clar
San Antonio. Tex 3008 74 Cloudy
San Francia.-o. Cal. 30.00 54 Clear
St. Loul Mo 30,06 74 Clear
Sf. Paul. Minn 29 96 72 Clear
Tampa. Fla 30.06 78 PtCldy
Washington, D. C. 30.08 68 Clear
Dne to tli* development and advance of
several barometric deprevslons of mod
erate energy, now centered over the
lakes section, the middle plains states.
Artsona plateau, and the far northwest,
respectively, unsettled weather with
scattered showers ha* overspread those
regions. There has been hnt little
change In temperature conditions In any
part of this country, but It Is now
cooler In the middle-western provinces of
; Canada.
.1. 11. ARMINGTON,
For the 24 hours ending at 7 a. m . 90th
mertdtnn Mmo. Friday, July 30:
temper-1 . !
•ture. jg.^]
■■■— 1 ~ e z. m
Ration* of i-i m-5 e
Indianapolia 2 5
District. % f fSI I 5 I
= .Sj£--| a 5 i
South Bend 90 !65 j 6 | Dusty
Angola 88 66 0 | Good
Ft. Wayne $8 06 0 j
Wheatfleld 94 62 O’ Good
Uoval Center .... 90 64 0 [ Good
Marion i 90 j 69 9 j Good
Lafayette 90 j 65 0 Good
Farmland 90 i 61 0 ; Good
Indianapolis ... 8!) 68 0 Good
Cambridge City. 89 64 f* Good
Terre Haute -.a) 68 n Dusty j
Bloomington . .. 91 |W* 0 Fair
Columbus 93 63 i () j Rough
Vincennes 92 66 0 Dusty
Paßl,l 90 ;60 o Fair
Evansville 90 70 | 0 j
! II armjnoton
Meteorologist Weather Bureau.
Green bides—No. 1,15 c; So. 2,14 c;
Green calve*—No 1. 15c; No. 2, 20M,-.
Horsehlde*— No. 1, *7; No, 2, $6. Cured
hides—No. J. 17c; No. 2. 16c.
Accountant to Aid Receiver at
Bpeeial to The Time*.
RICHMOND. Ird . July 30 Orders is
sued- by Judge William A. Bond of the
Wayne circuit court, acting on petitions
submitted by Claude KHterman. receiver
for the Farmers' bank of Milton, which
suspended business July 6. following
the suicide of tlio enabler. Oscar Klrlin.
show that the affairs of the bank are In
a state of confusion,
vpno of the orders from Judge Bond s
colirt authorised the appointment of an
expert accountant to assist the receiver
in untangling the banks' affairs.
Another order directs the surrender
of original notes held by George J.
Klemme for $3,000 and by Ed Wilson
for $1,700 upon pnymept of copy notes,
melt in the fnarti of a renewal and held
by the First National bank of Conners
\ille, which were executed by Klrlin
without authority.
This order further authorizes the re
ceiver to treat all similar circumstances
in the same way.
A third order direct.) that SI.OOO of
the $2,000 iri ■ ash. found In tbe bank
when it ; usprudod business, be paid
over to the First National bank, of Coc
iiorayillc to l*o applied to n note for
M. 500 taken out vith (he Farmers’ bang
by Edgar R. Beeson. ,
It is alleged in the petition that ou
April 2, Beeso# executed the note which
was then transferred to the First Na
tional bank of Connersville, which was
the reserve bank, for the Milton bank.
it is claimed that on May lo Beesdn
paid Klrlin SI,OOO to be paid on the note,
but Klrlin kept, the money at his gwn
hank, while Beeson held- a receipt to show
that he hud made payment of SI,OOO on
the note.
Muncie Entertains
100 Fraternity Men
Special to The Times
MUNCIE, Ind.. July 30. - Preparations
are being made today by the Muncie
chapter of Kappa Alpha Phi fraternity to
entertain more than oik* hundred dele
gates who are expected to attend the tri
state convention here .Saturday and Sun
The slates to be represented here “are
Indiana. Illinois and Ohio.
The convention was called when it. was
learned that the,re would be no national
convention this year.
Among the ehnpter* to be rep resented
are those of Springfield, Chicago. Oak
Park, Waukegan and Alton in Illinois;
Warsaw and Muneip in Indiana, and Cos
lumbua and Dayton in Ohio.
Statistics of 40 Cities Shows
Price at 11,73.
NEW YORK, July 30.—The staff of life
hag increased 6.16 per cent In the last
year, according to compilation of sta
tistics of bread prices in forfy leading
cities of the country.
Today the average price of a pound of
-Mead is 11.73 cents, as against 11.03
cents a year ago.
A loaf of bread today weighs any
where from ten ounces to two pounds,
and the price from 8 cents to a quarter.
The average is an 18.32-ounce loaf cost
ing 13.44 cents.
New Y'ork pays 15 cents for a 22-
ounce loaf; Chicago, 17 cents for a 20-
ounce loaf.
Des Moines boasts the most expensive
bread, fourteen ounces for 15 cents, while
In Philadelphia a pound costs only 9
The middle-west, despite Its grain
fields, runs almost a cent to the pound
more than eastern cities.
Harrisburg, Pa., and Lincoln, Neb., are
the only cities which sfiow a decline In
the price of bread during the last two
CHICAGO, July 30.—While the nation's
bread has been raising In price, the cost
of flour has declined, millers declare.
Best patent spring flour today sold at
$14.50, hard winter flour at $13.70 and
soft winter at $13.90 —declines of nearly
$1 in the last two years.
A drop of 50 cents came last week.
The highest price in history, however
—sl6.7o—was reached in the last two
months. “N
Prices here were from 60 to 70 cents
lvwer today.
Wheat prices on the Chicago Board of
Trade have steadily declined since the
resumption of trading a month ago.
Quotations today were more than 30
cents lower than when the pit started
Large crops and prospects of a clear
ing railroad situation, according to bear
ish traders, may cause further declines
Optimists Warm Up
for Kiwanis Contest
The Optimists' baseball team is having
dally practice for the game to be played
with the Kiwanis team next Thursday
afternoon at Washington park.
It is doped out that the two teams
should be evenly matebed, as %each has
been beaten by the Rotary tqsm by one
The regular weekly lunohedn of the
Optimists was held today at the Claypool
Wife Murderer Will
Make Plea of Insanity
Speclaf to The Times
HARTTORD CITY. Ind-. July 30
Joseph Pyles, wife murderer, will plead
insanity when he Is brought to trial dur
ing the October term of the circuit court,
his attorney announced today.
Pyles killed his wife by shooting her
seven times, the deed being one of the
most vicious crimes ever commuted In
this part of tb# state.
CHICAGO, Jnly 30.—Mrs. Antoinette
.'imraons, member of the Tailors' Union.
■ arried a card. Her husband didn't. He
got a divorce because of her “closed
shop" principles She wouldn't let hltu
attend union dances.
Notice of Dividend
American Pozzolana Cos.
Notice is hereby given that at a
meeting of the board of directors
held at tbe company's office, 205-
211 K. of P. building, IndUsjapolia,
that a quarterly dividend of 1
was declared payable to all pre
ferred stockholders of record of
August Ist.
American Pozzolana Cos.
J. J. Briggs, Treasurer.
Established 1912.
Incorporated Under the “
l aw* of the State of In.
The Indianapolis Securities Company
take pleasure in announcing the removal
of their Home Offices to their own build
v ing, now known as the INDIANAPOLIS
the southwest corner of Delaware and
Market streets.
We shall be pleased to have our cus
. turners visit the company’s new offices
any time.
Indianapolis Securities
, Indianapolis Securities Building
Dealers in Real Estate Mortgages, Tax Exempt Preferred Stocks,
? Realty Bonds anti Title Contracts.
Marriage Licenses
Lincoln Collins, 832 Colter st 28
Willa Lee, 846 West Pratt st 28
Harry Collins, 1631* Spann ave 35
Catherine Samuels, 1636 Spann ave... 33
John Moran* 90& Massachusetts ave.. 21*
Hilda Hobson, SO9 Massachusetts ave. 19
Luke Bracken, 1046 Eugene st .... 26
Mary Vail, 942 W. Twenty-seventh st. 24
Glen Duell, 302 South Randolph st.. 33
Nola Bunch, 302 S. Randolph st..:. 29
Raymond Baggott. Atlas hotel ?7
Florence Dodd, 430 N. lUinoie st 24
Irving Whitman, 2204 Central ave... 22
Frieda Lagner, Newark, N. J. 20
Morris and Freda Evans. 1441 Laurel,
Otto and Elnore N'offke, 2020 Columbia,
boy. x
Wilbur and Gertrude Craig, 1703 Colum
bia, boy.
George and Mayme Athey, 611 Lincoln,
Lawrence and Thelma Dyer, 1003 Broad
way, girl.
Helen Stahcra, 9 months, 1006 Mary
land, cholera infantum.
Dora (Garvin, 42, 1655 Columbia, gastro
Joseph Grimm, 46, 614 Luett, chronic
EVelyn Emily Brennan, 1 day, 466 West
Twent-flrst. prematture birth.
'Owen Johnson, 77, 977 West Twenty
fifth, acute dilatation of heart.
Lyda Soutbwiek, 63, Central Indiana
hospital, mitral stenosis.
Wilbur Matthews Nelson, 64, Methodist
hospital, carcinoma.
Ft. Wayne Plant Is
Now Worth $900,000
Special to The Time*.
value of the holdings of the Ft. Wayne
Corrugated Paper Company, operating In
Ft. Wayne, Hartford City and Vincennes
have been fixed for Hartford City alon*
at $900,000, by the state tax commission,
which Is an increase of $285,000 over last
year’s figures.
Extensive additions were made to tb
plant here this season.
A Mnt CRriSE
Fourteen days of sight-seeing and pleasure—Chartered steamers to Sague
nay and return. Visit Toronto. Thousand Islands, Montreal,
Quebec. Saguenay River.
J. F. WILD, Jr.,
1 BUY I Commercial National Bank Stock
u Consolidated Graphite MS Go.
Main 1734 PHONES Auto. 21-733
BFire and Burglar Proof Safes and
Vault Doors
Real Fireproof Filing Sale*
In Five Sizes
From 20x30 to 40x60 inside. These ifes can be
equipped 'with sny steel filing system. A com
plete Übh <>f office furniture and equipment
Aetna Cabinet Company
Dlspley room* 321-529 W. Maryland Bt., ludlaunpolls
Body Building Division Is In<
The body building division of the Nor
dyke & Marmon Company has been in
stalled on the fifth floor of its new five
story building.
This marks the completion and opera
tion of the last section of the huge No. 3
plant, the construction rot which was be
gun about a year ago, the lower floors of
the five-story building having been in
operation for some time.
The building is 600 feet long.
The final assembly building, which is
800 feet long, was completed and in oper
ation about the first of the year.
These two buildings, the two-story
wood-trim shop, the new power plant
and the dry kiln, comprise the new No.
3 plant, which is the second large addD
tion erected by the Nordyke & Marmon
Company in recent years.
The new No. 3 body and final assembly
plant was built to afford the company
space not only for its rapidly expanding
motor car business, but for a greater out
put of flour milling machinery.
The milling division business of the
company has advanced as rapidly as the
automotive end lately.
Practically all the factory space de
voted to motor car production prior to
1917 is now turned over to the mill ma
chinery division of the company, sections
two and three being devoted entirely to
the production of automobiles.
4 In the early days Richmond, Ind., was
the home of Nordyke &. Marmon, but in
1876 the plant was moved to its present
Until 1902, when the first Mormon mo
tor car was built, the company continued
to specialize on the production of fiou
milling machinery.
HARTFORD CITY. Ind., July 30
James Hershel, 33, a mill employee, who
came here recently from Hammond. Is
charged with asault and battery- on Ber
nice Tucker. 16, daughter of Mr. and Mrs.
Charles Tucker. He has been released un
der SIOO bond to appear Monday.

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