Indiana daily times. [volume], September 15, 1920, Home Edition, Page 8, Image 8

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

Image provided by: Indiana State Library

                
8
STOCKS MAKE
UPWARD MOVE
Oil Issues Are Most Prominent
—Small Gains in Motors.
NEW YORK, Sept. 15.—Prices contin
ued tbeir upward movement xt the open
ing of the stock market today, with the
oil shares most prominent and making
advances of from 1 to over 2 points.
Mexican Petroleum advanced 2% to
176%.
Pan American Petroleum rose 1% to 93,
and Houston Oil after declining to 106.
had a rapid advance to 108. I
Middle States Oil was active and 1 |
point higher at 17%.
Steel common rose 1 point to 89%.
Baldwin Locomotive advanced % to
109% and Republic Steel % to 81%.
The rails generally showed fractional
improvement. Reading rose % to 93%;
Canadian Pacific % to 120%, and Union
Pacific % to 121%.
Delaware, Lackawanna & Westerr
jumped 10% to 260%.
Atlanta Gulf rose 1% to 143%.
Small gaius were made in the motor
shares.
(By Thomson & McKinnon.)
—Sept. 14—
At the opening of the market this
morning a decidedly more cheerful feel
ing was apparent. The leading influence
was undoubtedly the election results in j
Maine.
There was a very general demand for'
stocks, but not on a particularly large
scale.
There was nothing in trade news that
was particularly eucouraging, in fact
what little is being published on the
subject indicates a rather unsettled con
dition In many lines, with some unfavor
able comment heard recently In relation
to the steel industry.
Unsatisfactory trade was emphasized
by the action cf the National Cloak and
Suit Company In passing their quarterly
dividend on the common stock.
The oil industry seems to be an ex
ception to the general rule and here
reports continue favorable with progress
being made by vnrious companies in de
veloping and expanding their production
while the demand is good at satisfactory
prices.
The money market was unchanged so
far as the rate is concerned.
Some time money was again offered at
about 8% per tent.
Industry needs a little infusion of con
fidence.
Unfavorable factors, however, are to a
large extent offset by moderate prices.
util the market becomes a bigger af
fair fluctuations will prevail and this
will make It advisable to accept profits
on some long stocks during strong
periods.
NEW YORK LIBERTY BONDS.
—Sept. 14—
Prev.
High. Low. Close, close.
Liberty 3%5.. 90.06 90.00 90 01 80.98
First 4s. 84.34 84.34 85.34 85.44
Second 45... 84.70 84.62 84.60 84.42
First 4%s 83.72 85.52 85.70 85.72
Secnd 4%5... 54.54 84.50 84.76 84.90
Third 4%5.... 88.28 88.04 88.28 88.20
Fourth 4%5... 55.10 84.80 84.96 85.24
Victory 4%5... 93.30 95.40 95.40 95.4S
Victory 3%5.. 95.50 95.40 95.44 95.46
Money and Exchange
Indianapolis bank clearing today were!
$3,483,000, against $3,417,000 a week ago. '
NEW YORK, Sept. 14 —Foreign ex-!
change was easy at the openlug today.'
Demand sterling opened at $3.43%, off
%; francs, demand, .0630, off .0000; lire,
off .0002; marks, .0160, off .0013, and
Canadian dollars, .60.
“Demand sterling toward the close sola
at $3.47%, up 1% net; francs demand,
.0666, up .0008; lire demand, .0429, up
.0006; cables, .0430; marks, .0166. off
.0007. and Canadian dollars off .002 at
.S9SO.
After touching $3.4714 for demand,
sterling reacted to $3.46%.
NEW YORK, Sept. 14.—Commercial bar
silvei was aucted today as follows: Do
mestic, unchanged at 99%c; foreign,
higher at 94%c.
LONDON, Sept. 14. —Bar silver was
quoted %and higher today at 60V*d.
MOTOR SECURITIES.
(By Thompson & McKinnon)
—Sept. 14 —
Bid. Ask.
Briscoe 24% 20%
Chalmers com 1% 2%
Packard com 15 15%
Packard pfd 78 82
Chevrolet 200 300
Peerless 32 34
Continental Motors com . 8% 9
Continental Motors pfd 95% 67U
Hupp com 15% 10%
Hupp pfd 98 101
Reo Motor Car 23% 24%
Elgin Motors 7 7%
Grant Motors 314 4'
Ford of Canada 330 340
United Motors 40 60
National Motors 8 13
Federal Truck 29 32
Paige Motors 24% 25%
Republic Truck 29 31
ACTIVE OIL STOCKS.
(By Thomson &, McKinnon )
—Sept. 14—
—Opening—
Bid. Ask.
Anglo-American Oil 21% 22%
Atlantic Refining 1157 1225
Uorne-Scrymser 4)0 420
Buckeye Pipe Line 93 66
Chesebrough Mfg. Cons 220 230
Chesebrough Mfg. pfd 100 106
Continental Oil, Colorado.. 120 125
Oosden Oil and Gas 7% a
Crescent Pipe Line 30' 32
Cumberland Pipe Line 135 146
Elk Basin Pete 8% 9
Eureka Pipe Line 106 110
Galena-Signal Oil, pref 88 92
Galena-Signal Oil, com 47 50
Illinois Pipe Line 153 157
Indiana Pipe Line 87 92
Merritt Oil. 14 14%
Midwest Oil 1% 1%
Midwest Rfg 140 148
National Trarsit 26 28
New York Transit )70 180
Northern Pipe Line 98 102
Ohio Oil 315 ‘ 320
P- & R 6% 0%
Fenn-Mex 43 4 a
Prairie Oil and Gas 540 650
Pthirie Pipe Line 193 197
Sapulpa Refg 5% 5%
Solar Refining 370 390
Southern Pipe Line )22 )28
South Penn. Oil 267 272
Southwest Penn. Pipe Lines. 63 68
Standard Oil Cos. of Cal 310 315
Standard Oil Cos. of Ind 060 670
Standard Oil Cos. of Kan 320 540
Standard Oil Cos. of Ky 350 370
Standard Oil Cos. of Neb... 120 440
Standard Oil Cos. of N. Y 333 386
Standard Oil Cos. of Ohio 430 450
Swan & Finch 70 80
Union Tank Line 120 124
Vacuum Oil 855 300
Washington Oil 29 33
NEW YORK CURB.'
(By Thomson & McKinnon.)
—Sept. 14—
Closing
Bid. Asked
Curtis Aero com 2 5 I
Curtis Aero pfd 20 40
Tex. Chief 10 12
Sub Boat 11% 13
First National Copper... % 1
Goldfield Con 8 10
Havana Tobacco 1 1%
Havana Tobacco pfd 5 10
Cent. Teresa 5 5%
Jumbo Extension 4 6
Inter. Pete 31% 32%
Xipisslng 94i 10
Indian Pkg 4 4%
Royal Baking Powder...llo 120
Royal Baking Powder pfd 82 84
Standard Motors 5 7
Salt Creek.....' 30 32
Tonopah Extension 1 9-16 111-10
Tonopah Mining 1% 1%
United P. S. new 1% 1%
T*. S. Light & Heat 1% 1%
U. S. Light & Heat pfd.. 1% 2%
Wrizht-Mattin 4 7
World Film % %
Yukon Gold Mine C 0.... 1% 1%
Jerome % %
New Cornelia 10 IS
United Verde 29 32
Seyouyah % 5-16
Omar Oil 2% 3
Rep. Tire 1% 1%
NEW YORK MKT AX. MARKET.
NEW YORK, Sept. 14.—Copper, dull;
spot and Septemher offered, 18%c; Oc
tober offered, 18%c; November offered.
18%e, and December offered, 19c.
easy; spot to November offered,
" ! r SW. ; aoot| sU6o'37£o; Septem-
Indianapolis Securities [
—Sept. 14—
STOCK*.
Ind. Ry. & Light Cos 55
Ind. Ry. & Light, pfd. 96
Indpls. & Northwest, pfd 75
Indple. & Southeast, pfd... .-- ” 5
Indpls. St. Ry 59 69
T. H., T. & L. pfd 51
T. H.. I. 4t B. com '% ...
T. H., I. & E. pfd 9% ...
U. T. of Ind. com
U. T. of Ind. Ist pfd 10
U. T. of Ind. 2d pfd 2
Miscellaneous—
Advance-Rumely com
Adv&nce-Ruinely pfd
Amer. Central Life 236
Amer. Crsosoticg, pfd 93
Belt Rftllread, com 70 80
Belt Railroad, pfd 47% ...
Century Building pfd 95
Cities Service com 295 299
Cities Service pfd 66% 67
Citizens Gas 32% 35%
Dodge Mfg. pfd 7. 94% ...
Home Brewing 55 ...
Indiana Hotel com 61
Indiana Hotel pfd 91
Indiana National Life ...... 4% •••
Ind. Title Guaranty 59 69
Indiana Pipe Line
Indpls. Abattoir pfd 46 51
Indianapolis Gas 46 50
Indpls. Tel. com 7
Indpls. Tel. pfd 88 ...
Mer. Pub. Utl. pfd 45
National Motor 8 ...
Public Savings 2% ...
Rauh Fertilizer pfd 42
Standard Oil of Ind 660
Sterling Fire Insurance 8
YanCamp Hdw. ptd 95
Van Camp Pack, pfd 95
Van Camp Prod. Ist pfd 95
Van Camp Prod. 2d pfd 95
Vandalia Coal com 5
V&ndolla Coal pfd 10
Wabash Ry. com. 8% ...
Wabash Ry. pfd. 26% ...
Banks and Trust Companies—
Aetna Trust 100 ...
Bankers Trust 118 ...
City Trust S2
Commercial National 60
Continental Natl. Bank .... 112
Farmers Trust 200
Continental Natl 112
Fidelity Trust 120
Fletcher Am. National 250
Fletcher Sav. & Trust 163
Indiana National 280 288
Indiana Trust 105
Live Stock Exchange 450
Merchants National 276
National City 112
People's State 176
Security Trust 120
State Savings & Trust 90% 95
Union Trust 340 370
Wash. Bank & Trust 146
BONDS.
Broad Ripple 5 45
Citizens St. Ry. 5s .-... 73 83
Ind. Coke & Gas Cos. 6s 87 ...
Indian Creek Coal A Min... 98 ...
Indpls. A Colnm. South. 55.. 88 ...
Indpls. & Greenfield 5s 90
Indpls. & Martinsville 5s ... 45 ...
Indpls. & North 5s 36
Indpls. & Northwestern 55.. 49
ludpl., Shelby. & S. E. 55.. SO
indpls St. Rwy. 4s 57 65
Indpls. Trac. & Term. 5s ... 67
Kokomo, Marion & Western. 80 83
Union Traction of Ind. 65... 47% 53
Citizens Gas Cos 75 85
tnd. Hotel 2d 6s 95
Indpls. Gas as 72 SO
Indpls. L. & H 75 82
Indpls. Water 5s 87% 88%
Indpls. Water 4%s 71 SO
M. H. & L. ref. 5s 85 S9
New Tel. Ist 6s 94
New Tel. Long Dlst. 55.... 93% ...
South. Ind. Power 6s 56
LIBERTY BONDS.
Liberty 3%s 89.04
Liberty first 4s 83.31 j
Liberty second 4s 84.30 i
Liberty first 4%s 83.60
Liberty second 4%s M. 70 85.00
Liberty third 4%t 88.10
Liberty fourth 4V-s 84.86 j
Victory 3%s 95.36
Victory 4%s 95.50 96.70
A. Y. Stock Prices
—Sept. 14— Prev
High. Low. Close. Close
Allls-Chalmers.. 34 34 34
Am. Beet Sugar. 80% 80 80% 80
Am Bos Mag Cos. 84% 83 83 % 81
Am. Can 34% 34% 34% 34%
Am. Car & Fdy.136% 133% 136 134T*
..la. Utus •.* 9 "S 9% 10
Am. H. &L. pfd 70% 70 70 % 69
Am. Int’l 78% 75% 77 75%
Am. Loco 94% 94 94 94%
Am. Ship & C.. 19% 19% 19% 19%
Am Smelt Sc Ref 60% 60 60% 59%
Am. Sugar Ref.lll 110% 111 111
Am. Su. Tob. Cos. 86 85 % 83% 83
Am. Steel Fdy. 33% 35% 35% 33
Am. Tel. & Tel. 39% 99% 99% 99%
Am. Tobacco.... 124% 119% 119% 121%
Am. Woolen 84% 82 84 V* 81%
Ana. Min. C 0... 54 54 54 53%
Atchison 83% 83% 88% 82%
At. Gulf & W. 1.143 141 142 140
Baldwin L0c0...109% 107% 109 107
B. & 0 42% 41% 42% 41%
Bethlehem “B”.. 76% 74% 76 74%
Brook. R. T.... 10% 9% 9%
Canad. Pacific..l2o 118% 120 118%
Central Leather 52% 51 52% 51%
C. & 0 61% 60 61 60%
CRIA- I* com 37% 36% 37% 36%
CRI 6% pfd... 68 68 68 67%
Chino Copper.. 28% 28% 28% 28%
Chill Copper... 15 15 15 15
C.,M. AS. P 38% 37 38% 36%
C, M. Sc S. P. pf. 56 54 % 56 54%
Chandler Mot... 83 81% 83 80%
Coca-Cola 34% 24 34 33%
Cons. Cigar 77% 75% 77% 77%
Corn Products. 87% 87 87% 86%
Crucible Steel.. 124% 122% 123% 122%
Cnban-Am. Sug. 44% 44% 44% 44
Cuba Cane Sug . 38% 38% 38% 37%
Columb. Graph. 22% 22% 22% 22 '
Den. ha Rto. Gd. 5% 5% 6% 5%
D. &R. G. pfd. 12% 11% 12% 11%
Erie 16% 16% 36% 10%
Erie Ist pfd.... 25% 24% 25% 24%
Famous Players 78% 72 73% 73
Fisk Rubber Cos. 27% 27% 27% 27
Gen. Electric. ..141% 141% 141% 141%
<X'L Motors.. 21% 20% 21% 20%
Goodrich 56% 55 55 55%
Gt. Nor. pfd.... 78% 77% 78% 77%
Gt. N~v. Ore ctfs. 44 32 % 33 33%
Houston 0i1....107% 105% 107 106
Illinois Central 89% 88% 80% 106
Insperatn. Cop.. 44% 43 43
luterboro Corp. 3% 3% 3% 3%
Inter. Harvest..l27 125 127
Internatl. Nickel 19 19 19 19%
Inter. Paper 79% 78% 79 78%
Invincible 0i1... 36 ,35% 36 35
K. C. Southern . 19% 19% 19% 18%
Kennecott Cop. . 26% 25% 26 26%
Lehigh Valley . 47% 46% 47 46%
Leowg 21 20% 20% 20%
Lackawana Stl.. 67 66 06% 05%
Max. M. com 8% 8% 8% 19%
Max. M. 1 pfd... 19 19 19
Missouri Pac. .. 27 26% 27 26%
Mid. States Oil . 16% 14% 16% 14%
M„ K. & T 7% 6% f% 6%
Midvale Steel .. 39% 39% 39% 39%
Marine 23 22 % 22% 22<k,
Marine pfd 74% 74% 74% 74%
Mex. Petroleum. 175% 173% 174% 172%
Nat. En. & Stp.. 58% 38% 58 58%
Natl. IA-ad 75% 75 75 75%
New Haven 34% 33% 34
N. Y. Central ... 74% 74 74% 74
Nev. Con. Cop. .12 11% 12 11%
Norfolk & W. .. 94 94 94 94
Northern Pac. .. 79% 78% 79% 78
Okla. PAR. Cos.. 4% 4% 4% 4%
Pierre Marquette 24% 23% 24 23%
Pan-Am. Petrol. 92% 90% 91% 90%
I’enn 42% 42% 42% 42%
Pierce Arrow .. 36% 35% 36 35%
Pierce Oil Cos. .. 14% 14% 14% 14
Pittsburgh Coal 63% 64V* 65 64
Pullman Cos 113% 112 112 114
Pure Oil 38% 38% 38% 38%
Ray Copper .... 15% 15% 15% 15%
Reading 93% 91% 93 el i/
Rep. I & Steel. 81% 78% 81% 79%
Replogle 81 77% 80% 87%
Ryl D. of N.Y. 88% 87% 87% 88
St.L. & S.F.com. 27% 26% 27% 26%!
Stromberg 71% 69% 71% 61%
Sinclair Oil 32% 31% 32% 30% 1
S.-Sbeff. 8. & I. 69 68% 68% 68% 1
South. Pacific... 95 94 % 94% 94% |
Southern Ry. .. 28% 27% 27% 20%
Rtd. Oil of N.Y. 665 685 605 1
Studebaker ....63% 61% 62% 61%
TVas Cos 50% 49% 50% 50 !
Tetin. Copper... 10 9% 10 0% i
Tex. & Pacific.. 37% 30% 37 36%
Uni ctn Oil 28 27 % 28 28 <
Unions Pacific...l2l% 120 121 120 I
Tob. #rod. Cos.. 64% 64 64 % 04 I
Untd. Stores 68% 67% 68 66%
U.S.Fd. v’r. Cor. 60 60 60 59%
Untd. F\it Cos. 204 202% 202% 204
U. S. IndvAlchl S4 83% 83% 83
U. 8. RuhAer... 87% 85% 86% 85%
U. S. Steel 89% 88 88% 88%
U. S. Steel pfd. 106 105% 105% 106% I
Utah Copper.... 64% 64 64% 64
Va.-Car. Chem... 60% 69% 68% I
Vanadium 69% 67% 68 67%
Wabash Ist pfd 37% 27% 27% 27%
While Motors.. 45% 44% 45% 45%
Western Union.. 841 84 $4
Wstnghse Elec. 48fc 48% 45% 48%
HOG MARKET
SHADE LOWER
Upward Trend Does Not Hold
—Top Calves Down.
RANGE OF HOG FRICKS.
Good fioofi Good
Sept. Mixed. Heavy. Light.
8. $16.35016.50 $16.15016.35 $16.36016.75
9. 16.35 © 16.50 16.15®16.35 16.25@16.75
10. 16.85® 17.15 16.60017.00 17.15®17.55
11. 16.86® 17.00 16.35® 16.90 17.00017.25
13. 17.00017.26 16.85017.00 17.26017.60
14. 17.25017.50 16.60017.25 17.40017.75
15. 17.10017.35 * 16.75@17.10 17.40@17.75
The general sentiment of the hog mar
ket was not as strong today as It was
Tuesday and as a result there were
shade breaks In prices.
Most traders quoted the market steady
to 10 cents lower with the best of the
different grades commanding steady
prices and the remainder slightly off.
Extra fancy light hogs brought about
steady prices with the Tuesday market,
but there were not nearly so many hogs
of that class which brought prices abou%
the $17.50 mark.
However, there were several loads of
extra fancy lights that brought the top
of Tuesday, $17.75.
There were a few extra fancy heavy
hogs that brought $17.25, but the general
range of prices on that grade ranged ai
$10.75@17.10.
There was less change in the prices of
the good mixed hogs than any other
grade. Good hogs of this grade brought
$17.10(5117.35.
The upward trend that the rough hog*
started a few days ago did not continue,
but prices held firm with the range of
Tuesday at $15.50 and down.
Best light pigs held about firm with
the market of the day before at $10.75
and down, with the bulk of the sales
around $16.50.
The bulk of the entire sales on the
market up to late in the forenoon were
$17.25@17.50, while on the Tuesday mar
ket. they were $17.40@17.60.
Receipts for the day approximated
7.000, approximately 2,000 of which were
handled through diamond alley and with
approximately 900 left over from the
Tuesday market.
Trading was again of a general na
ture, with the local packers taking an
active part.
Klngan & Cos., who generally buy more
of the hogs on the market than any of
the other local packers, bought around
2,500, and with the purchases of the other
local packers, eastern shippers took only
about half of the day’s receipts.
The clearance of the market of the
day before was not as satisfactory as
that of the opening day of the week, but
it was thought that there would be a
better clearance today, unless the active
tone of the market was discontinued be
fore the close of the forenoon.
The cattle market today showed signs
of revival, with common and medium
stuffs holding about firm and steer*
steady to strong, with several loads
bringing as high as sl7.
Receipts of the day approximated
1,000.
The tone of the calf market was not
nearly so strong as that of the opening
of the week's market, with prices on
choire veals down as much as 50c.
The top for the morning trading was
$lB, whereas the top of the Tuesday mar
ket was $18.50.
Frices of the other grades held about ;
firm.
There were approximately 700 calves on
the market.
There was a somewhat stronger ten
dency in lambs, with lambs bringing
around sl2 that would not have brought
more than $11.50 on the market of the
day before.
Sheep were about steady with a top of
$6 and the bulk of the good sheep bring
ing $5.50® 6.
There were approximately 1 000 sheep
and lambs on the mnrkef.
HOGS.
Best light hogs, ltio 10 200 lbs.
average *17.40@1775
25t> to 300 ;bs average 16.75@17.10
Over 300 lbs 10.09© 16.75
Sows 15 ou® 15.50
Best pigs, under 140 iv* 16.00® 10.75
Hulk of sales 17.25® 17.30
CATTLE.
Prime cornfed steers, 1.31 X) lbs
and up 15.00® 16.25
Good to cbo.ce steers. 1,200 to
1,300 lbs 13.75® 15.00
Good to choice steers, 1,100 to
1-00 lb* 11.50® 13.00
Good to choice steers, 1,000 to
1,100 lbs 10.00® 13.00
Common to medium steers,
900 lo 1,000 lbs 82J0® 10.50
—Heifers and Cows—
Good to choice hellers 11.00® 13.76
Medium heifers 9.00@10.1Xi
Common to medium heifers.. 0.50® S.OO
Choice cows 9.50® 11.60
Good to choice cows B.oo® a.OO
Fair to medium cows ........ 6.50© 7.50
Canners 4.ou® 4.10
Cutters 5.75® 7.75
—Bulls—
Good to choice butcuer bulls 7.50® 9.00
Bologna bulls 6.50® 7.50
Light common bulla 4.50® 0.50
—Calves —
Choice veals 17.00®1S 00
Good veals 15.00@16.00
Medium veals 10.00® 14.50
Lightweight veais o.oo® 11.50
—Stockers aud Feeders—
Good to choice steers, 880 lbs.
and up 9.00® 10.00
Good to choice steers, under
800 lbs B.oo® 9.00
Medium to good cows 5.50® 6.00
Good cows 6.00® 7.00
Good heifers 7.00® 8.00
Medium to good heifers...... 6.75® 7.00
Good milkers 50.000123.00
Medium milkers 00.00® 100.90
Stock calves, 250 to 450 iba. 7.00® 9.00
SHEEP AND LAMBS.
Good to choice sheep 5.00® 6.00
Fair to common 2.50® 3 73
Bucks 3.50® 4.00
—Lambs—
Common to choice yearlings. 5.00® 6.00
Spring lambs 8.90® 12.00
Other Live Stock
CHICAGO, Sept. 14.—Hogs—Receipts,
17,000; market higher; bulk, $15.40© 17.25;
j butchers. $15.80@17.30; packers, sls©
! 15.85; lights, sl6© 17.30; pigs, $14.75%
10.60; roughs, 15(0,15.30. Cattle—Receipt*.
,12,000; market steady; beeves, $10@18;
! butchers, $6.50® 15; cauaers and cutters,
! $4©7.50; Stockers and feeders, $6.25(0.
12.50; cows, $6.25® 12.75; calves, sls© 18.
I Sheep—Receipts, 17,000: market 25®50c
higher; lambs, $8.75®14.76; ewvs, s3©
CINCINNATI. Sept: 14.—Hogs Re
; feints, 2,300; market strong to 25c
i higher; heavy, sl7® 17.50; mixed, sl7..V>;
j medium, $17.75; light, $17.25; pigs, sl4;
! roughs, $14.25; staga $10.50. Cattle Re
i eelpts, 800: market slow and weak; bulls,
steady; calves, $18.50. Sheep mid lambs
—Receipts, 1.000; market strong; sheep,
$1.50®6.50; lambs, s6©l4.
PITTSBURGH, Sept. 14.—Cattle—Re
ceipts, light; market, steady; choice,
sls® 15.50; good, $13.75®14.25; fair. $12.25
©13250; veal calves, $18.50@19. Sheep and
lambs —Receipts, light; rnurket, steady;
prime wethers, SS@B.7S; good. $7©7.75;
fair, mixed, $6@6.50 spring lambs, sl2®'
13.50. Hogs—Receipts, light; market,
steady; prime heavies, $10.75©17.25,
mediums, $18.25® 18.35; heavy Yorkers.
$18.25@18.55; light Yorkers, $1.7.50®15,
pigs. $17@17.25; roughs, $12@14.25; stags,
$8.50®9.
EAST BUFFALO, N. Y„ Sept. 14.—Cat
tle—Receipts, 250; market active to
steady; shipping steers, $14©15.50*
butchers' grades, s9@l4; cows, s3@lo.
Calves—Receipts, 300; market active to
steady; culls to choice, ss®l9. Sheep
and lambs —Receipts, 2,800; market ac
tive to steady; choice lambs, 514@14.50;
culls to fair, $10@13.75 ;• yearlings, $S©
9.50: sheep, ss®B. Hogs—Receipts, 2,500;
market active, pigs, 50c up; others, 20®
30c up; yorkers, $17.50®18.40; pigs,
$17.50; mixed, $18.2o@l&40; heavies, $17.50
©18; roughs, $12(0.13.75; stags, s9®ll.
EAST ST. LOUIS, 111., Kept. 14.—Cat
tle —Receipts, 7,000; market lower; na
tive beef steers, $15.75@10; yearling beef
steers and heifers, $15.50® 16.50; cows,
s7®B; Stockers aud feeders, $8@10.50;
calves, $15.50@16.25; canners and cutters,
s4@6. Hogs—Receipts, 0,500; market,
25®30c higher; mixed and butchers,
$16.90®17.60; good heavies, $15.05@16.75;
rough heavies, $13@14.50; lights, $17.15©
17.60; pigs, $14.25@17; bulk of sales.
$17.15® 17.50. Sheep Receipts, 2,500;
market steady; ewes, s6@B; lambs, $12.50
@12.75; canners and cutters, s2@6.
LOCAL HIDE MARKET.
Green Hides—No. 1,13 c; No. 2,12 c.
Green Calves—No. 1,20 c; No. 2, 18%c.
IT Ui 1... TV. 1 tii- V,, <1 *S
INDIANA DAILY TIMES, WEDNESDAY, SEPTEMBER 15,1920.
Terse Market Notes
STOCKS.
NEW YORK, Sept. 14.—1n cotton goods
circles there is talk of further curtail
ment of production by mills pending the
establishment of a price basis that will
assure more active trading.
Brokers report a little more buying
in the last week or so for filling in pur
poses, but declare this demand can not
be regarded as symtomatlc of a general
trade revival..
DENVER wept. 14.—The Production
Refiners Corporation will increase its
capital from $20,900,000 to $60,000,000, ac
cording to reports.
It is said that the corporation intends
to take in the Gates Oil, Templeman and
possibly oil and gas companies.
According to a report received here,
authoritative advices have reached Wash
ington stating that the British are pre
paring to sell forty former German pas
senger and freight liners awarded her
by the reparations committee to their
former owners.
Leaders of British coal miners, rail
way men and transportation workers will
confer today, cables state, and there will
be a meeting of the coal miners’ execu
tives tomorrow on the threatened gen
eral strike.
Italian labor demands that parliament
reconvene at once and pass laws permit
ting workmen to take over the manage
ment of industrial plants, cable advices
received here today said.
Twenty Industrial stocks averaged
86.96, off .02. Twenty active rails av
eraged 77.40, up .02.
On Commission Row
With a better supply of produce on
the market today trading on the pro
duce market early developed a firmer
tone and kept that trend late in the
forenoon.
There Is a fairly good supply of
Michigan and New York peaches on the
market now, and wholesale commtsslox
men said that It would be only a few
days now until the between crop pe
riod would be over and there would be
enough good peaches on the market to
supply every demand.
New York peaches today were selling
at $3.50®4 and Michigan peaches at
$3.50®3.75, while there were some com
mon grades of different varlties selling
as low as $2 a bushed.
The tomato crop Is holding out better
than it wag at first thought it would and
the supply on the market now U suffi
cient to warrant a drop In the prices.
Tomataes are selitng at 50 cents to $1
a bushel basket, with a 15-cent extra
charge- if the basket is taken.
At the present time there is a very
light supply of apples, but wholesale
commission men have many bought that
should have been on the market now
and a:e expeeb-d au.v day. inadequate
freight service is holding the supply on
the roads.
There was a limited supply of Honey
Dews on the market at $3 a crate, but
tbe supply was only temporary and did
not supply the demand.
There was a fairly good supply of
Ohio Rocky l'ord cantaloupes on the
market at $2.75®3 per standard crate.
These were the first cantaloupes that
have been on the market since the close
of tbe southern Indiana shipments.
California Malaga grapes are again on
the market );. a limited quantity, but
very good quality, at $2.75®3 per crate
of 24 pounds.
The supply of peart, other than sugar
pears, is very limited.
TODAY'S PRICES.
Apples—Baskets. $1 50®2 25.
Sweet Apple Cider—Per gal., $1; half
gal, 60c.
Bananaa—Pound, 10c.
Beans—Michigan navy. In bags, per lb.,
B©B%c; California limas, in sacks, 13®
14c; Colorado plntoa, in baga, per lb,
8%®8%c; red kidneys, in bags, per lb.,
18® 19c; California pink chill, in bags,
per lb, B%@S%c; lintels, per lb, 15c,
California red chill, in bags, per lb, 8%
@B%e.
Beets—Fancy home-grown, per bu,
$1 75
Cabbage—Home-grown, per brl, $2.25
Beans—Green, fancy home grown, per
bu. $1.75.
Cantaloupes—Fancy home-grown Tip
Tops, per bhl, $5 50; Honey Pewa, Be, 0s
and 12s, per crate, $3®3.50; Ohio Rocky
Fords, per standard crates, $2.75®8.
Carrots- Fancy home grown, per bu,
$1 50.
Celery—Fancy High Bali, per crate, $2
Cucumbers—Fancy home-grown, per
doz, 40c.
Eggplant—Fancy home-grown, per doz,
$1.40® 130.
Grapes—Home-grown, per lb, 6@70;
California, white seediest. per 25-lb
rate. $2.75418; California Malaga, per 24-
lb crate, $2.75®3.
Lemons Extra fancy California, per
crate, $4@4,50.
Mungoes—Fancy home-grown, per bu.
$1.50.
Onions—Fancy homegrown, yellow,
i per' bill, $4; per bu, $1.50; fancy western,
yellow, per 100-lb sack, $2 75; fancy
Spanish, per crate, $2 50; fancy pickling,
per 45-lb basket, $350; per 20-lb box,
$1.50; fancy Indo white, per 100-lb bag,
$3: per bu, $1.65.
Oranges—Extra fancy California Valen
cias. per crate. $7®8.50.
Parsley—Fancy home-grown, per doz.
25c.
Peaches—Michigan Elbertas, per bu,
$3.75® 1; New York, St. Johns, per bu,
$4; other grades, $2®2.50 per bu.
Pear*—All kind*, $150®4 per bu.
Radishes —Button, home-grown, per
doz, 25c; fancy long, per doi, 23c.
Potatoes —Fancy Eastern Cobblers, per
150-lb sack. $5.25: fancy Minnesota and
Early Ohlos, per 1501 b sack, $4.75; fancy
Michigan round whites, per 150-lb sack,
$4.50; Kentucky Cobblers, per bbi, $4 75
Sweet Potatoes -Fancy Virginia Red
Stars, bbi $7.50; fancy Virginia plain,
per bbi, 86.50; fancy Virginia plain .per
hamper. $2.75.
Spinach—Fancy home-grown, per bu,
$1.25.
Squash—Summer, per bu, $1.75.
Sweetcorn— Home-grown, per doz, 20®
25c.
Tomatoes—Fancy home-grown, per bu,
25c® 31 25.
Turnips - Fancy home-grown, new, per
bu, $2,50@2.75.
Watermelons —Fancy Florida, each, 50
@7sc.
CORN AND WHEAT BULLETIN.
For the 24 hours ending at 7 a. m ,
90th meridian time Wednesday, Sept. 15:
temper*
sture.
■*■■ U c 2 m
Stations of nca-e o®
Indianapolis ~m t 5 2
District H 5 •S'JS'e
| | fcfg au
~ ® F22 J o
- ►* Cu (jS
South Bend 89 67 I 0 I Good
Angola 86 60 | 0 | Good
Ft. Wayne 84 64 0 |
Wheat field SO 69 ] 0 f Good
Royal Center........|... .1 1
Marion 88 103 [ 0 Good
Lafayette 87 | 71 0 Good
Farmland 89 |64 [ 0 Good
Indianapolis .... 86 68 0 Good
Cambridge City. 90 57 0 Good
Terre Haute 86 72 0 Good
Bloomington ... 90 06 0 Fair
Columbus 87 65 0 Fair
Viucennes
Paoll
Evansville 86 72
T. G. SHIPMAN,
Temporarily in charge, Meteorologist,
Weather Bureau.
WHOLESALE PRODUCE.
Eggs—Fresh, loss off, 52c.
Poultry—Fowls, 30c; broilers, 1% to 2
lbs., 82@33c; broilers, Leghorn, 29c;
cocks, 17c; old tom turkeys, 32c; young
tom turkeys. 12 lbs and up, 37c; young
hen turkeys, 8 lbs and up, 37c; cnll thin
turkeys not wanted; ducks, 4 lbs and
up, 25c; ducks, under 4 lbs, 18c; young
ducks, 28c; geese, 10 lbs and up, 16c;
young geese, 22c; squab*, 11 lbs to dozen.
$6; guineas, 2 lbs, per dozen, $7.50.
Butter—Buyers are paying 57@58c for
creamery butter delivered at Indianapolis.
Butterfat —Buyers are paying 50@57c
for cream delivered at Indianapolis.
Cheese (Jobers’ selling prices)—Brick.
30®31 c; New York cream, 36c; AVlscon
sin full cream,’ 31@33( ; longhorus. lII®
llmimrm : Swiss ilnmevtl,-
GRAIN MARKET
OPENS UNSTEADY
Higher Prices Prevailed After
the Opening.
CHICAGO, Sept. 15.—With light offer
ings and buying led by a prominent ele
vator house wheat opened %@%c higher
for December and unchanged to %c lower
for March.
Corn started %@%c lower for Sep
tember; %@%, off for December and %@
%c higher for May.
Houses that led yesterday® selling ;
were active on the buying side, after the
opening and there was less pressure.
uats started %@%e lower for De
cember and unchanged for May.
Immediately after the opening higher
prices were made on buying by commis
sion houses.
Trade was very moderate.
With scattered buying and light offer
ings provisions started higher on a hog
advance.
(By Thompson & McKinnon)
—Sept. 14—
Wheat—A sharp dron In Argentine val
ues, where excellent rains have occurred,
was a weakening factor In the early
wheat market. A cessation of export
business, due to demoralized foreign ex
change and a report from India would
probably export fifteen million next
month when their embargo is lifted, un
settled the market and liquidation on a
moderate acale appeared The decline
in foreign exchange the last few days
is equal to about 12c per bu. for wheat.
The cash market has been slow because ;
of the absence of new export business
and premiums have been reduced a full
2 cent*. We do not expect much more
decline owing to the holding attitude of
th® producer and the probability of a ;
reappearance of export business.
Corn—An excellent map and a fore<-ast ;
of several days of especially favorable
condition* were incidental motives in !
weakening the early corn market. The
important factor was the continuation of
offerings of old crop from the country i
to *uch an extent that bid* were con- j
aider*bly reduced. Added to the above,
was the failure of the eastern demand to
improve, also the reported closing down
of the corn products and starch factories
in Illinois. The extreme slowness in the
eastern demand was accounted for by
the fact that Interior markets are under
quoting Chicago some 3 cents or more.
The market had every appearance of
liquidation and on a liberal scale, while
the buying power has been confined en
tirely to resting orders and lnudequnte
in volume. It is probable that further
liquidation will appear and It la not
probable that the market will show any
particular rallying power so long as tbe
country continues marketing tbe old
crop and ao long as the weather remain*
as distinctly favorable as at present.
Oats—The noteworthy selling in oats
is by cssh house*. This was accom
panied by fair volume of selling from
those who believe in lower prices. Sell- !
lug in the way of liquidation was of small
proportions, the market suffering more
from a destroyed buying power than
any extreme pressure. This market prob
ably will take its color from corn, as It
has been doing for some time past.
Provisions —Cash handlers were buyers
of hog products, suggesting further busi
ness, but tbe weakness of grains over
balanced everything else. A feature lu
this market, as In the grains, is a lack
of general interest. In other words, poor
buying power, possibly a reflection of
what may be a decline In wages.
CHICAGO GRAIN.
Sept. 14-
WHEAT— Open. High. Low. Close.
Dee 2.49 2.49 2.39% 2.39%
March... 344 2.44 2.35 2.36%
CORN—
Sept 1.39% 1.39% 1.33% 1.56
Dec 1.19 1.19 1.13% 1.14%
OATS—
Sept.... 63% 63% 61 61
Dec 65% 66 63 63%
PORK—
•Sept... 24.00
tOct 24.25
LARD—
Sept 19.25 19.55 19 20 19.82
Oct 19.85 19.90 19.09 19.0
RlßS—
tSept 16 85
Oct 16.85 17.07 16.55 16.90
•Closed nominal. tOpened nominal.
CHICAGO CASH GRAIN.
CHICAGO, Sept. 14.—Wheat—No. 1 red,
$2.55®2.50: No. 2 red. $2.55. No. 3 red,
$2 51%@2J2; No. 4 red, $2.40%; No. 1
hard winter, $2 56%®2.56, No. 2 hard wiu
ter, $2 52%©2 53%; No. 3 hard winter,
$2.50. Corn—Nos. 1 snd 2 mixed, $1.37%
® 1.510%; Nos 1 and 2 yellow $1.39©
1.40%; S'o. 3 yellow, $1.38%© 1.30; No i
white, $1.38®1.40%; No. 2 white, *l.Bß©
1.40; No. 3 white. $1.40. Oats—No. 1
white, 63%®4e; No. 2 white, 62%©04%c;
No. 3 white, 61%©03%c.
TOLEDO CASH GRAIN.
TOLEDO, Sept. 14.—Wheat-No. 1.
cash, $2.58; December, $2.56. Corn —No.
2 yellow, sl.-2%. Oat* No. white.
65%©66%c. Ryt--No. 2, $1.9.’ Barley -
No. 2, $1.15. Cloveraeed—Cash, $15.20;
October. $15.50; December, $15.50; Febru
ary. sl6; March, $16.50. Timothy—Cash i
(19181, $4; (1019), $4 06; September, $4;
October and December $3 60; March,
$3.73. Alslke—Cash, $1.65; October and
December, $16.26; March, $16.35.
PRIMARY MARKETS.
(By Thomson & McKlnuon.)
—Sept. 14 —
Wheat. Corn. Oat*. '
Chicago 190,000 309.000 515.000
Milwaukee ... 14,000 56,000 180,000
Minneapolis.. 320.000 5,000 79,000
Duluth 304,000 ....... 72,000
St. Louis 141.000 56.(XX) 76 OK)
Toledo 22,000 8.000 113,000
Detroit 9.000 10.000 56,000
Kansas City. 323.000 16,000 14,000
Peoria 7,OiK) 46.0 W) 79,000
Omaha 192,000 84.000 68,000
Totals.... 1.518,000 080.000 1,258,000
Year ago 2,277,000 576,000 820,000
—Shipment*—
Wheat. Corn. Oat*.
Chicago 133,0CX) 37M00 130.000
Milwaukee .. 5,000 17,(XX) 61,000
Minneapolis.. 168,000 11,000 52.000
Duluth 125,000 5.000
St. Louis ... 112,000 31,000 108,000
Toledo 3,000 9.000
Detroit 16,000 |
Kansas City. 160,000 20,000 34,000
Peoria 17.000 22.000 50.000
Omaha 1,000 32,000 51,000
Total* 864,000 160,000 520,000
Year ago.. 1,641.000 305,000 423,000
—Clearances —
Domes. W. Corn. Oats, j
New York... 458,000
Baltimore .... 214,000
New Orleans. 431,000
Newp't News 30,000
Totals.... 1,133,000
Year ago.. 805,000 |
INDIANAPOLIS CASH GRAIN.
—Seat. 14—
Bids for car lotos of grain and hay at
the call of the Indianapolis Board of
Trade were:
Wheat—Weak; through billed, track,
milling, No. 2 red, $2.55@2.68
Corn —Weak; No. 3 white, $1.34@1.33;
No. 3 yellow, $ 1.32%@1.35%; No. 3 mixed,
$1.31%® 1.83.
Oats—Weak; No. 2 white, 61@61%c;
No. 3 white, 00©61e; No. 2 mixed, 63'ds
60c.
Hay—Weak; all new; No. 1 timothy,
$29.60(330; No. 2 timothy, $28.50@29; No.
1 light mixed, $28@28.50; No. 1 clover,
28@28.60.
—lnspections
Wheat—No. 2 red, 4 cars; No. 3 red.
8 cars; No. 4 red, 2 cars; No. 6 red,
1 car; No. 2 hnrd, 1 car; No. 1 mixed,
2 cars; total, 13 cars.
Corn —No. 1 while, 1 car; No. 2 white,
6 cars; No. 3 white, 2 cars; No. 1 yel
low, 4 cars; No. 4 yellow, 9 cars; No. 4
mixed. 3 cars; No. 3 mixed, l car; total,
28 cars.
Oats—No. 1 white. 2 cars; No. 2 white,
22 cars; No. 3 white, 1 car; No. 2 red,
1 car; total, 28 cars.
Rye—No. 2. 1 car.
Hay—No. 1 timothy, 1 car; No. 1 clo
ver mixed, 2 cars; No. 2 clover mixed,
1 car; total. 4 cars.
HAY MARKET.
The following are the Indianapolis
prices for hay by the wagon load:
Hay—Loose ttmotlnr, new, $28(330;
mixed hay,, new $25@28; bales, $28(331.
Corn—Bushel, $1.50®1.60.
Oats—Bushel, new, f,6®6Bc.
WAGON WHjfcAT.
Indianapolis flour mills and elevators
are paying $2.46 for No. l|red wheat, $2.42
for No. 2 red wheat and) $2.39 for No 8
red. Other grades according to th’eil
onolitv .
In the Cotton Markets
/ NEW YORK, Sept. 14.—With the ex
ception. of October, which was 4 points
higher, the cotton market opened 5 to
13 points lower, influenced by weaker
cables, reports that short time was prob
able among Manchester (England) mills,
favorable weather In the south, with no
rain In the last twenty-four hours and
lower foreign exchange.
The South was a keen seller here,
while spot concerns and Wall street
bought.
The list steadied a few points on local
covering and buying by the trade, and
In some instances early losses were re
covered.
New York cotton opening: October,
27.99 c; December, 25.38 c; January, 24.08 c;
March, 23.32 c; May, 22.95 c; July, 22.45 c.
There was a better demand In the late
afternoon and the market closed steady
at a net advance of 16 points to a de
cline of 9 points.
New York cotton range:
Open. High. Low. Close.
October 28.06 28.22 27.50 27.86
December 25 40 25.73 26.25 25.54
January 24.10 24.43 23.98 24.11
March 23.30 23.65 23.23 23.45
May 22.95 23.13 22.78 22.98
NEW ORLEANS. Sept. 14.—Cotton fu
tures opened 15 to 37 point3 lower on
Eastern and spot house selling and lower
©Salary or Commission
Men of Influence and good standing in their respective
communities to represent our Securities Department.
Ex-county officials or those with banking experience pre.
ferred.
Indianapolis Securities Company
Established 1912 FRANK K. BAWYER, President.
Home Offices: Indianapolis Securities Building
Southwest Corner Delaware and Market Streets.
Address—AßTHUß O. MAIN, Gen. Mgr.
Securities Department. 112 East Market Street.
REPORT OF THE CONDITION OF THE
Farmers Trust Cos.
150 E. MARKET STREET.
At the Close of Business September 8, 1920.
RESOURCES
Loans $1,432,597.77
Bonds and Accounts • 53,142.77
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 290,967.88
Total $1,928,808.42
Trust Securities • 40,000^00
Trusts—Real Estate 485,000.00
Mortgage Loans for Eastern Clients 22,500,000.00
Total • $24,953,808.42
LIABILITIES
Capitol • $ 200.000.00
Undivided Profits, all earned 158,119.92
Reserve for Interests and Taxes • 15.831.25
Deposits 1,554,857.25
Total • $ 1,928.808.42
Trust Investments 525,000.00
Mortgage Investments for Eastern Clients.. 22,500,000.00
Total • $24,953,808.42
OFFICERS
Uliarle* N. William*, President. Charles R. Kellogg, Asst. Troas.
Thomas A. Wynne. Vice President. I-a' rn Hiatt, Asst. Seey.
):dln 11. Kerry, lice President. Max J. Young. Asst. Secy.
Riley E. Smith, Treasurer. E. L. S*urdeTant, Asst. Secy.
< harles M. Lemon, Secretary. Harvey E. Rogers, Asst. Secy.
DIRECTORS
James W. I.llly Michael J. Ready Charles C. Perry
Lori A. Whitcomb Charles X. Williams Charles M. Lemon
Thomas A. Wynne W. 11. Messenger Edwin H. Forry *
James W. Noel Clutrlr* W. Miller James R. Cruse'
diaries E. Coffin Cortland Van Camp Riley E. Smith
National City Bank
, September 8, 1920
RESOURCES
Loans and Discounts $4,470,042.41
U. S. Bonds 1,539,299.52
Bonds, Securities, Etc • 322,477.44
Furniture and Fixtures 17,564.06
Due from IT. S. Treasurer • 32,450.00
CASH AND DUE FROM BANKS 1,682,851.48
$8,064,684.91
LIABILITIES
Capital Stock paid in ? $1,000,000.00
Surplus 225,000.00
Undivided Profits • 76,200.15
Circulation 983,700.00
Bills payable to Federal Reserve Bank covering Lib
erty Loan Bonds and Certificates of Indebted
ness Purchased for Customers 315,875.00
DEPOSITS 5,463,909.76
Total $8,064,684.91
OFFICERS
James M; Mclntosh, President.
L. P. Newby, Vice President \
John P. Welch, Vice President
Frank M. Millikan, Vice President
C. A. James, Cashier
L. F. Elvin, Assistant Cashier
Josephine M. Henry, Assistant Cashier
H. A. Gross, Manager Credit Department
DIRECTORS
Joh* W. Lovett L. P. Newby
James M. Mclntosh Isaac Pinkns
Chas. W. Miller John Prior
Frank M. Millikan Wm. K. Spronle
J. T. Moorman Cortland Van Camp
John R. Welch
cables, followed by a decline of 85 polnta
in October contracts.
Recoveries all around were made. Later,
the market selling 22 to 57 points above
the opening levels on covering orders.
The close was Irregular, net 7 points
lower to S higher.
New Orleans cotton range:
Open. High. Low. Close.
Oct 26.40 26.62 26.05 26.35
Dec 24.10 oxer 24.10 24.50
Jan 23 30 23.80 2828 23.50
Mar. 22.68 23.07 22.67 22.90
May 22.25 22.67 22.24 22.40
WASHINGTON, Sept 14.—Census re
ports for August shows number of bales
for 1920 and 1919, respectively.
Cotton, exclusive of ltnters: Consumed
during August, total, 483,193 and 497,319
bales.
In cotton-growing states, 284,474 and
268,583 bales.
Held in consuming establishments
Aug. 81, 1,130.964 and 1,133,365 bales.
Held In public storage and at com
presses, 1,968,218 and 1,816.596 bales.
Imported, £3,106 and 14,070 bales.
Exported, including linters, 146,668 and
479,068 bales.
Linters: Consumed during August
36,800 and 21,718 bales.
Held in consuming establishments, 267,-
766 and 262,454 bales.
Held In pnbllc storage and at com
presses, 358,649 and 224,141 bales.
Exported, 1,689 and 5,186 bales.
Number active during August, 34,471,-
515 and 34,205,180 bales.
WHOLESALE FEED PRICES.
Ton sacks. Cwt.
Acme brand $59.75 $3.05
Acme feed 59.75 3.05
Acme middlings 67.25 3.40
Acme dairy feed 72.00 3.65
E-Z dairy feed A. 61.00 3.20
Acme H. & M 56.25 2.90
Acme stock feed 67.25 2.90
Cracked corn 65.50 3.30
Acme chicken feed 71.75 8.65
Acme scratch 68.75 3.50
E-Z scratch 65.75 3.35
Acme dry mash 73.50 3.70
Acme hog feed 71.00 S.OO
Ground barley 00.00 3.30
Homltk, yellow 64.50 3.25
Rolled barley 64.50 3.25
Alfalfa mol 67.00 3.55
Cotton seed meal 78.00 3.95
grains.
Shelled corn, small lots $1.56
Shelled corn, large lots 1.56
Shelled corn, 2-bu sacks J. 63
Oats. 3-bu sacks 79
Oats, bulk, large 73
Oats, less than 100 bu 74
Chicken wheat, cwt, sacked 4.80
STATE BANK STATEMENTS.
Marion County State Bank
JOHN L. DUVALL, President.
OMER L. STULTZ, Vice-President.
VIRGIL VANDAGRIFFT, Yice-Pre*.
CLYDE E. ROBINSON, Cashier.
E. W. HUGHES, Assistant Cashier.
Report of the condition of the Marion
County State Bank, at Indianapolis. In
the State of Indiana, at the close of its
business on Sept. 8, 1920:
RESOURCES.
Loans and discounts $398,424.57
Overdrafts 1,230.00
United States bonds 114,134.16
Other bonds and securities.... 207,549.55
Furniture and fixtures 9,706.00
Due from banks aud trust com
panies 128,768.25
Cash on hand 39,116.13
Cash items 2,427.00
Profits and lots 74.92
Real estate and Insurance de
partment purchased 4,000.00
Total resources $906,489.75
LIABILITIES.
Capital stock—paid in $ 25,000.00
Surplus 8,500.)'''
Undivided profits 725.50
Exchange, discounts and inter
est net 8,926..)'.)
Interest collected not earned.. 1.242.12
Bond depreciation 11,513 80
Demand deposits.. .$573,706.41
Demand certificates 10,914.00
Savings deposits... 252,840.27 837.460.68
Certified checks 1.452.72
Cashier’s checks 1,422.40
Due to banks and trust com
panies 2.00
Du* to departments 8,614.9s
Payments on bonds 628.50
Total liabilities $905,489.73
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 13th day of September,
i SEAL) 1920.
CHARLES H. BAILEY,
Notary Public.
My commission expires Feb. 5, 1922.
JOHN LAUCK, President.
WILLIAM HART, Vice President
L. A. WILES, Cashier.
J. F. DAVIS, Assistant Cashier.
Report of the condition of the South
Side State Bank, at Indianapolis, in the
State of Indiana, at the close of it* busi
ness on Sept. 8. 1920:
RESOURCES.
Loans and discounts $ 862.332.42
Overdrafts 336.17
United States bonds. 90,545.50
United States Treasury
certificates 50,000.00
Other bonds and securi
ties 52.387.50
Banking house 41,754.14
Furniture, fixtures and
vault 20,728.27
Due from banks and
trust companies 279.827.70
Cash on hand 56,473.29
Cash Items 25,973.84
Total resources $1,430,408.63
LIABILITIES.
Capital stock—paid in $ 50.000.00
Surplus 17.500.00
Undivided profits 9.184.57
Demand depos
its $1,375,745^0
Demand cer
tificates 20,957.24—51,396,704.00
Certified checks 1,022.00
Cashier’s checks 2.00
Reserve for interest and
taxes 5.997.02
Total liabilities $1,480.40&63
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
13th dav of September. 1920.
(SEAL) JOHN A. CLARK.
Notary Public.
My commission expires June 5, 1924.