Indiana daily times. [volume], November 15, 1920, Last Home Edition, Page 10, Image 10

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

Image provided by: Indiana State Library

                
10
STOCKS DEVELOP
HEAVY TONE
New Low Records far Year
Made in Opening Hour.
NEW YORK, Not. 15.—There were Ir
regular changes at the opening of the
stock market today, but after the Initial
transactions the entire list developed a
hoary tone again.
New low records for the year were
made before the end of the first 15 min
utes.
Steel common made a gain of %, to
81%, but quickly sold off to anew low
of 81%.
Baldwin Locomotive, which had stead
ily resisted all previous bear efforts, was
one of the weakest features, falling 2%,
to 97%, the lowest price touched this
year.
Crucible Steel dropped three points, to
101.
Standard Oil of New Jersey fell five
points, to 610.
Reading continued to reflect specula
tive liquidation and although it ad
vanced 1%, to 90, at the start, fell to
87%.
At the end of the first 15 minutes a
steadier tone developed.
Steel common rallying to 81% and
Reading advancing to S9.
Southern Pacific ranged from 108% to
107%, followed by a rally to 10S%.
Mexican Petroleum, after falling be
low 150, rallied to 161.
The market showed on Improved tone
during the forenoon, nearly all the losses
at the opening being recorded. Steel
common rose to 82%.
Baldwin, from Its low of 97%, rose 2
points, and Crucible Steel, after drop
ping to 101, rallied to 105.
Southern Pacific, which sold down to
107%. rallied 1 point.
Reading from Its low of 87%, sold up
to 90.
Sears-Roebuck was strong, advancing
1 point too 10(5%.
The oil Issues moved with the rest
of the list, Mexican Petroleum recover
ing from 158% to 161%.
Pan-American Petroleum rallied 1 point
to 76.
(By Thomson & McKinnon)
-Nov. 13—
The stock market gives no Indication of
anv change in underlying conditions and
It would be useless to expect a permanent
change, until the two great fundamentals,
business and credit have both been made
sound, but it Is advisable at this time to
bear In mind that in the process of dis
counting a great change the market al
ways proceeds too far.
This is the result of the mental attitude
of the public, and is like the momentum
acquired in a race, you can not stop at
the exact line.
The Investor is Interested mainly in
•nc proposition —value.
If the value was a dollar and the pur
chase can be made for three-quarters, or
half the sum the Investor feels that he Is
safe because 'ultimately market prices will
Adjust themselves to value.
It would be difficult to select a single
stock today that is not quoted far below
Its actual worth. . .
Therefore the opportunity is here Tor
the investor who is content to ignore
temporary fluctuations, or further tem
porary declines and await the day when
bus,ness and finance are stabllzed.
Temporarily we may experience further
unsettlement, possibly some further
liquidation, but this is an opportunity
that comes only at great intervals for
the discriminating investor.
TWENTY STOCKS AVERAGE.
NEW YORK. Nov. 15—Twenty indus
trial stocks averaeed 76 90. a decrease <>f
.6*5 per cent. Twenty active rails aver
aged 75.10. a decrease of .65 per cent.
CLEARING HOCSE STATEMENT.
NEW YORK, Nov. 15—Sub-treasury
debit, $484,713: exchanges, $582,698,540;
balances, $107,753,823.
Money and Exchange
Indiannpolis bank clearings today were
$3,047,000, against $2,233,000 a week ago
NEW YORK, Nov. 15.—Foreign ex
change opened steady to lower. Storl ng.
S3 36%, unchanged ; francs, .0379, off .0001 :
lire 0.347. off .00026; marks, .0117, off
.0001;Canadian dollars, .BSOO, unchanged.
LONDON, Nor. 13—Bar silver was %and
lower today at 53%d.
MOTOR SECCRITIES.
(Bv Thomson & McKinnon)
—Nov. 15—
Bid. Ak
Briscoe **
Chalmers com 1%
Packard com 12
Packard pfd
Chevrolet 200 000
Continental Motors com 7% J'a
Continental Motors pfd 93
Hupp pfd...
Reo Motor Car 23%
Elgin Motors *
Grant Motors - *
Ford of Canada
National Motors... **
Federal Truck "
Paige Motors... Ls iJ
Republic Truck
ACTIVE OIL STOCKS.
(By Thomson & McKinnon)
—Nor. 15—
—Opening—
Bid. Ask.
Anglo-American Oil
Atlantic Refining W* “2®
Borne Scrymser 42u
Buckeye Pipe Line Jv* ’"J
Chesebrough Mfg. C ons. -... 20. -F>
Chesebrough Mfg. Cons., pfd. 96 j™
Continental Oil. Colo 16‘ U 2
Cosden Oil and Gas 6.A
Crescent Pipe Line '.7
Cumberland Pipe Line Ho
Elk Basin Pete ... 4
Eureka Pipe Line 11>
Galena-Signal Oil. pfd.. new 90 94
Galena-Signal OH. com ->0 *
Illinois Pipe Line *** lbO
Indiana Pipe Line S5
Merritt Oil 12% 12%
National Transit ,*7 --
New York Transit IG. 1.0
Northern Pipe Line 100 104
Ohio Oil 275 2So
Penn.-Mem .••*,•••••
Prairie Oil and Ga*
Prairie Pipe Line
Sapulpa Ref •>
Solar RefiniDg 380 100
Southern Pipe Line HO 1-0
South Penn. Oil 240 250
Southwest Penn. Pipe Lines. 63 06
Standard Oil Cos. of Cal. ... 318 324
Standard Oil Cos. of Ind. ... 705 715
Standard Oil Cos. of Kan. ... ;*0 6(H)
Standard Oil Cos. of Ky. ... 400 430
Standard Oil Cos. of Neb. ... 420 440
Standard Oil Cos. of N. Y. ... 300 365
Standard Oil Cos. of Ohio ... 400 425
Swan & Finch . r 40 65
Cnion Tank Line 105 110
Vacuum Oil 328 333
Washington Oil 30 35
NEW YORK CCRB.
(By Thomson & McKinnon)
—Nov. 13—
Closing
Bid. Ask.
Curtis Aero com 2 5
Curtis Aero pfd 15 25
Texas Chief 10 14
:i> lrst National Copper % 1%
Sold field Con 8 10
Havana Tobacco 1 1%
Havana Tobacco pfd 4 7
Cent. Teresa 3% 4%
umbo Extension 4 (1
'nternatlonal Petroleum... 15% 15%
TlpUsinf 8% 8%
ndlan Pkg 2% 3
■torsi Baking Powder 110 115
loyal Baking Powder pfd. 81 82%
standard Motors 6% 7%
:alt Creek 30 32
,'ouopah Extension 1% 1%
Tonopah Mining 1% 1%
United P S new 1% 1%
’’ S. Light and Heat 1% 1%
t** s Light and Heat pfd. 1
Wright-Mattin 4 5%
Vorid Film % %
Yukon Gold Min Cos I 1 * I*4
'erome % %
Yew Cornelia 16 IS
nited Vede 28 CO
- equoyah 3-16 5-16
•■’mar Oil 2% 2%
Republic Tire 1% 1%
NEW YORK METAL MARKET.
NEW YORK. Nov. 15.—Copper—Weak,
pot and November offered 14%c. Lead
-Weak. Spot, November, December and
enuarv offered 6.65 c. Spelter—'Weak,
-'pot offered 6.45 c; November, December,
anuary, February and March offered
50c-
N. Y. Stock Prices
Prev.
High. Low. Close. Close.
Ajax Rubber... 82% 31% 32 33
Allis Chalmers.. 30% 29% 20% 29%
Am. Agricultural 71% 09% 71% 71%
Am. Beet Sugar 58 57 58 60
Am. B Mag Cos. 66 65% (56 65V4
Am. Car & Fdy.127% 125 125 126%
Am. Can 26 25% 2.i% 25%
Am. H& L. pfd. 51% 50% 50% 42
Am. Drug 7*. 7% 7% 7%
Am. In. Corp... 56% 54% 54% 57
Am. Locomotive 87% 86 86% 86%
Am. Smlt & Ref. 54 51% 53 52%
Am. Sugar Ref. 06 95 95 95
Am Sum Tob Cos. 76% 74% 71% 70%
Am. Stl Foundry 31% 31 31% 31%
Am. Tel & Tel.. 99% 99% 99% 99%
Am. Tobacco.... 114% 114% 114% 118 ,
Am. Woolen ... 66 63 % 65 63%
Anaconda Mi Cos. 404. V% 4b
Atchison 86% 84% 84% 85%
At. Gulf & W 1.115% 112% 114% 112%
Baldwin Loco.. .103.. 100 100% 102%
B. & 0 40% 38 39 % 40%
Beth. Steel (B). 60% 59 59 % 59%
Brook Rap Tran 12% 12% 12% 13
Can. Pac. Ry... 117% 110% 116% 116%
Cen. Leather.... 37% 36% 36% 37%
Chan. Motors..- 77 75% 76% 77%
C. & 0 63% 02 62 62%
C. M. & St. P... 30% 35% 85% 86%
CM A St. P.pfd. 56% 53 53% 54%
Chi. & Northw. 79% 78% 78% 78%
C. R. I. A Pac. 31 28% 30% 31%
CRIAP 6%pfd.. 66 65 65 07
CRIAP 7%pfd.. 77 75 77. 70
Chili Copper.... 12% 12% 12% 12%
Chino Copper.. 23 21 21 20%
Coca-Cola 25% 25 25% 25%
Colo. F. A I ... 31% 28 31% 30
Colum. Gas 55 53% 54_ 53%
Columbia Grap 14% 14% 14% 14%
Oont. Candy Cos 7% 7% 7% 7%
Corn Prod 77% 76 76 76%
Crucible Steel..lo7 103 104 I<KS
Cub-Am Sugar. 30% 28% 29 30%
Dela. A Hudsonlol% 100% 100% ltd
DAR. G. pfd. 2% 2% 2% 2%
Erie 14% 13% 13% H%
Erie Ist pfd... 23% 22 22 % 24%
Famous Players 00 59% 59% 60
Fisk Rubber Cos 15% 15 15 15%
Gen. Clears 57% 51% 57% 56%
Gen. Electric.. .122% 120 121% 122%
Gen. Motors.... 14% 14 14% 14%
Goodrich 44% 42% 42% 45%
Gt. Nor. pfd... 84% 82 83 83%
Ct. Nor ore... 30% 30% 30% 30%
Gulf States Stel 39 39 59 39%
Houston 0i1.... 88% 87 87 89%
Illinois Central 90% t** 00% 89
Inspiration Cop. 39 38 38 38%
Interboro Corp. 5% 5 5 3
Inter. Harvester 96% 95 95% 9i%
Inter. Nickel... 15% 15% 15% 15%
Inter. Paper... 57 56% 57 56%
Invincible Oil.. 27 26 % 26% 27 *
Kan. City Sou. 21 20% 20% 21 4
Kel-Sprng Tire 39% S9 39 38%
Lack. Steel 67 56 56% 5i
Lehigh Valley.. 50 49% 49% oO
Loews, Inc. ... 19 18% 18% 19%
L A N 103% 103 103 103
Marine com. ... 14% 13% H%
Marine pfd 57 55 55% 00%
Max. Mot. com. 2% 2% 2% 2%
Mei. Pertlo. 103% 160% 161% 16-
Mlaml Copper.. 17% 17 * l‘%
Mid. States Oil. 12% 12% 12% l-%
Midvale Steel.. 35 34 3i%
M. t K. A T 4 4 4 ♦ %
Mo. Pac. Ry.... 35 34 34 % 23%
Nat. En. A Stm. 47% 46 46 4i %
National Lead.. 70 69 , TO i0
Nev. Con. Cop.. 10% 10% 10% 10%
N. Y. Air "Brake 78% 78 7.V* 81%
N Y. Central... 79 77 % 7.% *8 x
New Haven.... 26% 25% 25% -V
Nor. A West... 99% 94 94 9*;%
Nor. Pacific ... 89% 87% Bi% 88
Ok. Pd ARf. Cos. 3% 3% 3% 3
Owen Bot. com. 50 5o 50 5” y
Pan-Am. Petrol. 77% 75% 79% <®%
I’enna. Ry 41 40% 40% 40%
People's Gas... 38 37 Si
Pierce-Arrow .. 24% 23 23% 7.*
Pierce Oil Cos.. 13 12% 12%
Pittsburgh Coni 59 59 59 01%
Press Stel. Car. H*% B*s 86 86%
Pullman PI. Cr. 107 107 BK 106
Pure Oil 37 35% 36% £>
Ray Copper.... 12% 12 8, 1- n *-
Reading 92 ss% 88% 90
Rep 1 A Steel. 68% 66% 67 67%
Ry. Dt of N. Y. 70% 69 69 70%
Saxon Motors . 3% 3% 3 * -j %
Sears-Roebuck 105 104% IW> 304
Sinclair 26% 25% 25% 2*'%
Sios Sh R. A I. 55% 55% ">'l
Sou. Paclfl. .c. .11l 1"7 R*'% IW*%
Sou. Ky 20 25% 23% 2.i %
StandOll. N. J.> 615 615
St L.AS.F.com.. 25% 25 *>
Strom. Carb.... 52 •'0 *l% •>-
Studebaker .... 48 47 4<% 48
Tenn. Copper... 9 8% 8%
Texas Cos 47% 46% 40% *6%
Texas A Pac... 21% 21% 21% j-
Tob. Products.. 56% 54 N • l “* $*
Trans. Oil ....10 s J? T * l‘ r %
L’nion Oil 25% 25 26 ,5,*
l uton Pacific.. .121% 12"% 178'% 1-’ 2
Unit. Ret. Stort 62% 61% bl% 62
CSFodPrdCor. 36% 3-.% 35% -4*%
Unit. Fruit C 0.200% 199% 200 200%
U. S. Ind. Alcho. 72% 71 >2% >l%
U S. Ru'aber.. 65% 63% 63% 65
tt j* p t pei 82% 81% 81% 82%
s ; steel pfd.106% 1 l‘6 166%
I’tah Copper .. 54% 721% 53% -’4"
Vanadium Steel 48 47 4 i 4*
Vlr. Car. Chem. 44 42% 43 5 4.
Wabash 9% 9% 9% 9%
Wabash Ist pfd. 25% 2->% -% -■' *
W. Maryland... 11 19% J 6% 11%
West Union... 87% 87 8. 88%
West'bouse Elec 44 43% 44 44
White Motors... 40% 404" 40
Will vs-Overland 8 7% 7% 7%
Wilson A Cos.. 46 46 46 40
NEW YORK LIBERTY BONDS.
I’rev.
High. Low. Close. Close.
t B 3145... 93.50 93.20 93.50 93 72
I R °nrt 4s SO>o SO.SO SO HO $" Its
r f,t 4 i’,: 88.50 88.30 88.50 88.92
l b. 2nd 4Hs 88.50 86.00 80.20 SO so
I R 3rd 4 1 9 89.00 88.50 85.50 8J.1.S
L R 4th 41.1a 87 10 80.48 80.48 • 87.20
Victory n s 90 00 00 00 80.00
Victory
NEW YORK BANK STATEMENT.
NEW YORK, Nov. 13. Bank state
ment Average: Loans, decreased. SA
-885.000: demand deposits, decreased. *•>*.-
688,000; time deporlts. decreased. $3.2.14,-
000’ reserve, decreased. $5,883,720 Actual
—Decreased, $47,937,000; demand depos
its decreased $17,253,000; time deposits,
decreased. $3,901,000; reserve, increased,
$33,612,970.
CHICAGO STOCKS.
(By Thomson A: McKinnon.)
—Nov. 13—
Open. High. Low. Close.
Armour nfd 89 89 89 SO
Carbide & Carbon. 63Vi MV* **3%
Libby 11,, ll ‘s 11 11
Montgomery-Ward. 20’i 2<i * 20 20
National Leather.. S’.* S’,4 B'4 8V
Stewart-Wsrner ... 26Vi 27 26V4 26*
Swift &Cos 29Vi 27 26'/k
Swift International 28 2o *4 -4'4
Predict End of
Freight Congestion
CHICAGO, Nov. 15.—Ten thousand care
of freight were held tip by congestion on
Nov l, as comoared with a tie-up of 85,-
000 cars two months previous, according
to officers of the American Railroad As
sociation in a discussion of improvement
of transportation conditions.
Complete clearing up of the freight slt
pation in the near future Is possible If
the present rate of improvement contin
ues. officials stated.
Reports to the transportation depart
ment of the Chicago Board of Trade,
whoso world open market is dominated
by the law of supply anil demand, show
that in the districts where congestion
cansed extreme uneasiness some time ago,
the flow of grain has become nearly nor
mal.
George H. Ingalls, vie*, president of
the New York Central, in a recent ad
dress, declared State railroad commis
sions which are holding up operations
of recent freight rate increases are do
ll, g more than any other agency to pre
vent rehabilitation of railroad properties.
He said that despite the fact that Slate
commissions were represented on the
body which fixed the new rates, to date
only eighteen of them Chad approved the
new rates without e> ieptions.
Twelve had accepted the new rales with
exceptions and amendments, all tending
to curtail "the carriers’ revenues," and
seventeen had definitely refused to grant
the new schedules.
Since 1914 rate iecreases in the United
States have totaled 07 per cent as com
pared with 114 jjer cent in the United
Kingdom and 390 per cent in Austria, he
said.
WHOLESALE beef trices.
The fol'jw.ng are today’s wholesale
market prices for beef cuts as sold by
the IndlananolA markets:
U.’bsVNo. No. 3, 240. Loins—
No. 2,24 V: 20c. Rounds No. 2,
24c; No. A^Sjßhucks—No. 2,15 c; No.
3,14 c. riaK*¥g 2,14 c; No. 3,14 c.
MARKET.
Green HI.lT*?. 1. 9c; No. 2, Re.
Green No. 2, 9V4c.
HorsebMes—No. 2, $3.50.
Cured hides—Xpft&a: No. 2. 9c.
HOG PRICES
OPEN HIGHER
General Rise of 10 Cents on
Hogs—Cattle, Lambs Lower.
RANGE OF HOG PRICES.
Good Good Good
Nov. Mixed. Heavy. Light.
6 .114.25@14.55 $14.50@ 14.60 $14.25®14.35
8. 13.75® 13.85 13.55@14.00 13.25@15.85
. 13 35@13.50 13.60@13.76 18.85@13.50
10. 13.00 @13.10 13.00 @13.35 13.00
11. 13.00 @13.10 13.10@ 13.25 13.00@13.10
12. 13.00 13.00 @ 13.26 13.00
13. 13.00 13.00@15.25 12.85@18.00
14. 13.00@13.10 13.10@13.25 13.00
With an accumulation of 10,000 fresh
hogs on the market prices opened 10@25c
higher for the week. There was a suf
ficient demand for all the hogs on the
market, with both local packers and
eastern shippers on the market.
According to reports ail the hogs on
the market were sold at an early hour
In tlie trading.
There were few heavy hogs on the
market and no extremely heavy hogs to
speak of.
The clearance of the previous week’s
market was good, with less than 200
left over for the opening day of this
week's market.
There was a top of $13.25 on heavy
hogs, with that class of hogs generally
bringing $13.10(g) 13.25.
Good medium and mixed hogs general
lv brought $13.10 and good light hogs
sl3.
Roughs were 25c higher at $12(g12.50.
and pigs were also 25c higher at sl3®
1325. . ,
The bulk of sales for the day ran
$13®13.10.
There was very little trading In the
cattle market at an early hour, with
fairly large receipts at 1,2C0 and but lit
tle demand. . . ..
Buvers we# bidding lower and Indi
cations wore that the market would be
generally 25c lower before the close or
the forenoon trading.
Trading was active on the calf market,
with the exception of heavy calves, which
trade was drnggy due to a poor demand
bv eastern shippers for that grade of
calves. Prices were generally steady,
with a .*l7 top, the same as on the Satur
day market. , , ,xn
Receipts for the day approximated 450.
With 300 sheep and lambs on the tnar
ket. sheep were steady at $4.50®5, and
lambs were generally 50c lower, with
the best springers at $6010.50.
HOGS.
Best light hogs, 100 to 200 it,s
nvernge " iliall
200 to 300 lbs average
Over 300 lbs
Sows 12.00® 12.>0
Best pigs under 140 lbs ml
Bulk of sales 13.00013.10
CATTLE.
Prime cornfed steers, 1.300 lbs
and up 10.00012.00
Good to choice steers, 1,200 to
1,300 lbs 10.00® 13.00
Good to choice steers. 1,100 to
1,200 lbs 10.25013.25
Medium steers. 1,000 to 1,100
Common to medium steers,
800 to 1,000 lbs 6.00® 8.00
—Heifers and Cows—-
Good to choice heifers 9 25012 73
Medium heifers 800 ® 8.75
Common to medium heifers.. 5.00® fa-*0
Good to choice cows S.oout 9.00
Fair to medium cows 5 250 6.00
Connors 3.250 4 00
Cutters 4.25® 5.2 b
—BulU-
Good to choice butcher bulls.. 7.250 825
Bologna bulls 5.00® 6.25
Light common bulls 4.(<o® suO
—Calves —
Choice veals 16 00017.00
Good veals 13.50w15.00
Menum vesls 1100013.00
Lightweight veals 7.00010.00
Heavyweight calves 7.00® 9.00
—Stockers and Feeders —
Good to choice steers, 800 lbs
and up 9.0001000
Good to choice steers, under.
lbg 8.000 5.50
Medium cows S.OO® 5.50
Good cows 5.50® 0.00
Good heifers 0.50® 7.50
Medium to good heifers o. f H)® 6.75
Good milkers 50 00 a 125 00
Medium milkers 60 000100 00
Stock calves, 250 to 45 01b5... 7 oo® 9.00
SHEEP AND LAMBS.
Good to choice sheep 4 50® 5 00
Fair to conmou 3 00® 4 00
Bucks 3 00 ® 4.00
—l.ambs
Common to choice yearlings 5.000 7.00
•Spring Jambs o.oo® 10.C4)
Other Live Stock
CHICAGO, Nov. 15.—Ilogs Receipts,
,28,000; market 10® 15c up: bulk, $12.50®
13.10; butchers, $12.96® 13,15; packer*.
$12.10® 12.50, lights. $12.95® 13.10; pigs,
$12.50® 13.25 ; roughs, $11.85@12.10. <'attic
Receipts, 39.000; market lower; beeves.
$8.50® 11.50 : butehers. ss@l3; dinners and
cutters. $3.50@4.5<>; fcti.rkers and feeders.
$7.35® 11; cows, $4.50®!).75; calves, sl3®
15. Sheep—Receipts. 34,000; market 15®
25c lower; lambs, s9® 12.85; ewes, $1.30
@B.
CINCINNATI. Nov. 15. Hogs Re
reipts, 10.000; market steady; heavies,
mixed, mediums arid lights, $13.25;
roughs, $11.50; stags. $950. Cattle Re
ceipts, 1,300; market steady to 25 cents
lower; bulls, weak; calves, sl7. Sheep
and lambs Receipts. Stst; market steady;
sheep, s2@6; lambs. sß® 12.50.
CLEVELAND, March 15.--Hogs-- Re
ceipts 5.500; market 25c up; yorkers.
$13.25; mixed. $13.25; medium. $13.23®
13 40; pigs, sl3 25; roughs, $11.50; stags,
$9. Cattle —Receipts, 2,000; market 50c
lower; good to choice steers, $12®14;
good to choice heifers. $8®9.50 good to
choice cows, s7®B 5o; fair to good cows.
Rs@7; bulls, S7.SO®S 50; milkers, sso®
125. Sheep and lambs—lle-e| nts. 4 OOfi ;
market 25@50c lower; top, $12.25. Calves
Receipts, 1,000; market steady; top.
sl7.
EAST ST. LOTTS, HI., Nov. 15.—Cat
tie—Receipts, 9,000: market steady ; tin
tivo beef steers, $11.60®,14.50; yearling
I beef steers and heifers *II®I4 <■>■..*
$1.25®8; Stockers and feeders, $6.50@8;
| calves, sl4® 14.50: canners and on,- i,
; $4.25®C. Hoga—Receipts, 14,500; market
15®25c higher; mixed and butchers, $1215
® 12.40; good heavies, $ 13.20® 13.35; rough
heavies, $10.50® 11.60; lights, $13.50® 13.35;
pigs. $12@13.50- bulk of sales, $13.20®
13 35. Sheep—Receipts, 2,000; market
steady; ewes, $5.50® 6.50 ; lambs $11,75®
12.25; canners and cutters, $1 50®4.
PITTSBURGH, Nov. 15—Cattle—Ito
: ceipt, 11 loads; market, lower; choice,
$13.50® 14; good, $12.50@13.26; fair, sll®
12: veal calves, slß® 18.50. Sheep anil
lambs—Receipts, 18 double decks; mar
ket, stend.v ; prime weathers. $7®7.50;
good, s6@7: mixed fair, ss®o; spring
lambs, $12.75® 13.25. Hogs Receipts, 30
double decks; market, lower: prime
heavi.-s, $13.50® 13.65; pigs, $13.25013.50;
roughs, $10@12; stags, $7®8.50,
EAST BUFFALO, Nov. 15.—Cattle—Re
ceipts, 5,800; market slow; heavies (iff®
76c lower; others active; shipping steers,
$13.50® 14.50; butcher grades, $8.00012;
heifers, $tl®10: cows, s2®9; bulls, ss®9.
M’lch cows, springers, s26® 125. Calves—
Re-eipts, 2.4(X) market slow and steady;
nulls. choice $5®’18.50. Sheep and
lambs—Receipts, 1,200; market active, 23c
lower; choiee lambs, sl3® 13,50; culls,
fair $8®12.75; yearlings, $S®lO; sheep,
$3®S. Hogs—Receipts, 19,200; market
active and steady; yorkers, $13.50; pigs,
$13.50; mixed, $13.50; heavies, $1.3.50;
rouglis, $11.50®12; stags, ss@lo.
WEEKLY STATE CROP REPORT.
Weather conditions throughout the
week have been very favorable to wind
ing up all farm work. Much plowing
was done.
Corn husking Is general in all sec
tions of the State and the crop is in ex
cellent condition for cribbing.
Cool weather has checked the Hessian
fly in winter wheat and the crop Is now
in good condition to go Into the winter.
Rye coutlnues to show’ improvement.
Potato digging was completed before
freezing weather set In. The field and
quality were good.
Considerable clover sned that was cat
lase will not be hulled, according to
reports.
Ail live stock In good condition with
the exception of a few scattered cases
of hog cholera.
WAGON WHEAT.
Indianapolis flonr mills today are pay
ing $1 90 for No. 1 red wheat, $1.87 for
No. 2 red wheat, and $1.84 for No. 3 red.
Other grades according to taelr quality.
Oats—Per bu, 43c.
INDIANA DAILY TIMES, MONDAY, NOVEMBER 15, 1920.
Local Stock Exchange
—Nov. 15—:
STOCKS.
Bid. Ask.
Ind. Ry. A Light, com 60
Ind. Ry. A Light, pfd 84
Indpls. A Northwest, pfd 73
Indpls. A Southeast, pfd 75
Indpls. St. Ry 65 65
T. H., T. A 1 63% •••
T. 11.. I. A E.. com 1% 0
T. H., I. A E., pfd 9% 16
U. T. of Ind., com...'. 1
U. T. of Ind., Ist pfd 14
U. T. of ind., 2d pfd 2
Miscellaneous—
Adcance-Rumely, com
Advauce-Rumely, pfd ...
American Central Life 235
American Creosoting, com... 93
Belt Railroad, com 65 75
Belt Railroad pfd 45 51
Century Building, pfd 95
Cities Service com 290 295
Cities Service pfd 65 (55%
Citizens Gas 32% 35%
Dodge Mfg pfd 91% ...
Home Brewing 55
Indiana Hotel, com 65 ...
Indiana Hotel, pfd 90 ...
Indiana National Life 4% •••
Indiana Title Guaranty 59 71
Indiana Pipe Line
Indpls. Abattoir, pfd 45 60
Indpls Gas 45 50
Indpls. Tel. com 9 ...
Indpls. Tel. pfd 90
Mer. Pub. Util, pfd 50
National Motor 7 10
Public Savings 2% ...
Rauh Fertilizer, pfd 43 ....
Standard Oil of Indiana 705
Sterling Fire Insurance 8 ...
Van Camp Hdws., pfd 95 ...
Van Camp Packing pfd 96
Van Camp Prod., Ist pfd... 95 ...
Van Camp Prod., 2d pfd....95 ...
Vandalla Coal, com 6
Vaudalia Coal pfd 10
Wabash Railway, com 9
Wabash Railway, pfd 26
Banks and Trust Companies—
Aetna Trust 100 ...
Bankers Trust 11%
City Trust 80
Commercial National 65 •••
Continental Natl. Book 112 ...
Farmers Trust 2<iO ...
Fidelity Trust l'-iO
Fletcher Am. Natl 256 ...
Fletcher Sav. A Trust 163
Indiana National 280 290
Indiana Trust 199
Live Stock Exchange 460
Merchants National 279
National City 112 120
People's State 176
Secority Trust 120
State Savings A Trust 90 94
Union Trust 340
Wash. Bank A Trust 150
BONDS.
Broad Ripple !>■ 58 ...
Citizens St. Ity. 5s 74 ...
Ind Coke and Gas Cos. 05.... 87 ...
Indian Creek Coal A Min 98
Indpls. A Col. South. 5s 88 ...
Indpls. A Greenfield 5s 90
Indpls. A Martinsville 5s .59 ...
Indpls. & Northern 5s 44 54
Indpls. A Northwestern ... . 58 68
Indpls. A Southeastern 45
ludpis., Shelby. A S. E. 55.. 80
Indpls, St. Ky. 45.. 6.1% 73%
Indpls. Trsc. A Ter. 5s 72
Kckomo. Marion A Wcstreu. 81 h 6
Union Trac. of Ind. 6s 52% 01
Citizens Gas Cos . 76 81
Ind. Hotel 2d 0s 95 100
Indpls Gas 5s 74 80
Indpls. U.;ht and Heat 76% 82%
Indpls Water 4% 71 SI
Indpls. Water Os 88 91
M. II A L. Ref. 3s 88 91
New Tel. Ist (is 94
New Tel L. I'lst 5s 93% ...
South. Ind. Tower Sw S0 ...
LIBERTY BONDS.
Liberty first 3%s 93.00 93 50
Liberty first 4h
Liberty second 4s 83.36
Liberty first 4%s .... 8-4.10 8* *V)
Liberty second 4%5... ... 85.80 8*5.16
Liberty third 4'. Nv2o VvrtO
Liberty fourth 4%s 86,30 86.66
Victory 3%s 95.74 96 06
Victory 4%s 85.8S 90.06
On Commission Row
TODAY’S PRICES.
Apples Barret, 85 56(gw.
Beans-- Michigan navy, In bags, per It*..
s%<ii.6c; Colorado plntos. In bags, per lb..
7%'.;n;; re-1 kidneys. In bags, per lb., 14®
15c; California pink chill, in bogs, per
lb.. B%®"%e; lintels, per lb . l’2%c.
Peas Dried green, per IV, 10c; spilt
yellow. 100 lb. bag, per lb, 10c; marrow
fats, per lb , 16. ; marrowfats, In bag,
•*r lb, 12013 c; CaHforulu llrnas, In bags,
10%® lie.
Beets Fancy home grown, per bu
ll 00.
Bananas Extra fancy high grade fruit,
50®60c per bunch, per lb., 10c.
Cabbage Fancy Northern, per lb.. l%e
Cantaloupes I’er crate, $2.7503.50.
Carrots Fancy, home grown, per bu.,
$1.23.
Celery Fancy New York (rough). 5-6
doy. i rate, $5; trimmed, p-r V h., $125;
fancy Michigan, square box. $1 75.
t'oeoanuts Fancy, per doz., $1.25.
Cucumbers—Fancy hothouse, per (loz.,
$2.7503.
Cranberries Per bbl., sl2 50; per half
bill boxes, $6.50 ;per bu., $4.25
Egg Plant—Fancy, home grown, per
doz. sl.
Grapefruit -Extra fancy Florida, per
box, $4.2505.
Lemons Extra fancy California choice,
per box, $404 25.
Lettuce- Fancy hothouse, leaf, per lb..
10c; barrel lots, per lb., 14c; fancy home
f;rowu endive, per doz., 40c ■ fancy Wash
ugton Iceberg, per crate, $7.
Onions- Fancy home grown, yellow or
red. per 100-lb. bag, $1.330 1 90; fancy
Indiana whites, per 100-lb bag, $2 50;
j*er bu., $1.40; fancy Spanish, per crate,
Grnnges—Extra fancy California Valen
cias. per crate, $7.5009.23.
Parsley—Fancy home-grown, per doz.,
25030 c.
Potatoes—Fancy Michigan and Wiscon
sin round wliltes, per 150 lb. bag, $1; In
5 or 10-bag lots, per 150-lb. bag, $3.90;
fancy Eastern Jerseys, per hpr., $3.00.
Pears—All kinds, $ 1.5002.50.
Quinces —Fancy California D’Ango,
$6.50.
Radishes—Button home grown, per dot.,
25c; fancy long, per doy., 25c.
Sweet Potatoes—Fancy Virginia Red
| Stars, bbl , $4.23; per hamper, $1.5001.85.
Spinach—Fancy, per bu.. $1.50.
Rice —Fancy head, per IV, lie; Blue
Rose, per lb., ]()*•.
Turnips -Fancy home grown, new, per
Ini., $1 2501.50.
Mustard—Fancy home-grown, per bbl.,
sl-75.
Kale—Fancy home grown, per bbl.,
$1.75.
Cauliflower —Fancy New York, per
crate, $2.2502.50.
Oyster Plant —Fancy hothouse, per doz.,
40c.
Leek—Fancy home-grown, per doz., 35c.
Sage—Fancy home-grown, per doz., 45c.
Green Onions —Fancy hothouse, per
doz.. 17%c.
Mangoes—Fancy boine-grown, per bu.,
$2.50.
Rutabagas—Fancy Canndlan, per 50
lbs.. $1; per 110 lbs.. $1.75.
California Grapes Fancy Tokays, per
crate, $3; fancy Emperors, per crate.
$3.25; fancy Emperors, In drums. 31 lbs.
net, $0 50.
rider—Pure apple, 6 1 gallon fflass
Jugs, per case, $5.50; No. 10 tins, 0% lb.
nets, per case of 1 doz., $6.50.
WEEKLY LUMBER MARKET REVIEW
“While thore hns been a slight Increase
In buying during the last week," says the
American Lumberman of Chicago, “it has
not been of sufficient volume to check
materially the continued slowing up
movement that recently has characterized
the industry."
"Thero has been a further curtailment
of production, lint output still Is In ex
cess of new business placed.”
The Journal further states thnt the
lumber market :uw Is largely a question
of endurance between buyer and seller.
Both are alert and watchful, the former
withholding purchases until the latest
possible moment in order to force prices
still lower, the latter determined that
rather than l*e forced to sacrifice his
lumber at less than cost of manufacture
he will curtail or cease production.
Many large line yard concerns and in
dividual retailers, as well, have their
schedules of needed stocks made up ready
to place Just the moment they think
prices have reached bottom and the buy
ing movement when it begins is prac
tically certain to come with a rush.
Hardwoods, it states, are in a greater
slump than softwood due to the stagna
tion of the furniture, musical instrument
ami automobile Industries, which are the
largest, users. A big demnigl, however,
is developing for hardwood railroad ties
and a buyer for a group of rnllronds this
Week was seeking sources of supply of
possibly a million oak ties.
Reductions in wholesale prices of build
ing lumber are reaching the consumer
and retailers all over the country are an
nouncing reductions in lumber prices
that should result in early resumption of
building activities.
GRAIN PRICES
FORCED IHGHER
Good Buying and Light Re
ceipts Causes Rally.
CHICAGO, Nov. 15.—Good buying and
light receipts forced higher grain quo
tations on the Chicago Board of Trade
today.
The market opened irregular on scat
tered buying, quickly followed by free
selling by commission houses.
Provisions opened nominal and later
were steady.
December wheat opened at SI.BO. un
changed. and later gained l%c. March
wneat opened up %c at $1.7*1 and later
advanced l%c.
December corn opened at 74%c, off %c.
und remained unchanged. May corn, at
the opening of 78%c, was off %c and
later gatneu %c.
December oats opened at 47%c, down
%e, and later advanced %c.
(By Thomson A McKinnon)
—Nov. 13-
Wheat—The volume of export business
done recently is making Itself felt in
widening of the premiums for December,
also the same extent In prices. Business
conditions, as shown by a few Instances
of financial difficulties in the East, very
naturally caused timidity on the part of
new buyers. This lack of confidence is
the one weakness In the market. We
have numerous advices from the West
and Southwest that empty freight cars
are in ample supply and are lying Idle,
us country elevators have been pretty
well cleaned out and farmers are not
offering. Reserves on the farms are
thought to be larger than usual, but they
are stubbornly held and are, therefore,
not available for completing contracts of
shipment already made by cash handlers
at terminal markets. We are of the
opinion that values are sufficiently low
for the time being.
Corn —A report from one of the larger
Western markets that a movement of
new corn was probable, was responsible
for moderate selling. There has been no
volume to the trade, transactions being
mostly of a local sort. There is no de
nying the large surplus which must be
come available In time, but surplus is
not coining to market Just now. Because
of this, we believe that prices will steady
themselves ami so continue until there is
a considerable increase In the move
ment.
Oats—Selling has been by Northwestern
houses and by smaller local interests.
Market has received support which
seemed to come from the leading elevator
interest. This market should give a de
cidedly better account of itself In case
other grains rule strong
Provisions—As In grain there is a
growing feeling that a temporary better
ment of prices Is just ahead of us.
CHICAGO GRAIN TABLE.
WHEAT— Open. High. I.ow. Close.
Dec ISO 1,85% 170% 1.84%
March.. 171 1.75% 1-69% 1.74%
CORN
I t-c 74% 75 72 % 72%
May.... 7.8% 79% 77% 79%
OATS—
Dcs-.... 47% 48% 46% 48
May.... 03% 53% 52%' 53%
FOLK—
•Nov 23.50
•Jan 25.20
LAUD—
Nov 19.15 19.30 19 00 19.30
Jan . 15 80 13.45 15.53 16.20
RIBS -
•Nov 13.75
Jan 13.82 13 67 J. 3 20 13.67
CHICAGO CASH GRAIN.
CHICAGO. Nor. 15.—Wheat No. 4
red. $195; No. 2 hard winter, $1.89%®
1.90; No. 1 northern spring, $1.91%.
Corn No. 1 white, Bi%c; No. 2 white,
84%c; No 3 whit - so®M c ; No. 4,79 c;
No. 1 yellow. 84%®87%c; No 2 yellow,
84%087%‘-: No 4 yellow, 78®81c. oars
- No. 1 white. 52%c; No 2 white. 516 ®
52%c; No. 3 white, 49%®31c; No. 4 white,
4.8-V-.
TOLEDO CASH GRAIN.
TOLEDO. Nov. 15. Wheat Cash. $2 10;
December, $2 06. Corn- No. 2,94 c. Oafs
No 2 white, 56®57c. live No. 2, SF6O.
Barley—No. 2,93 c. Cloverseed —Cash
(19191, $1215; (1920) und November,
sl2 30; December, $12.40; January. $1250;
February, sl2 80, Mar h, $12.70. Timo
thy (1918), $3.15; (19191. $3.23; Novem
ber and December. $-146; Mar>-h, $3 50.
Alslke — (New) ( ash. $16.50; cash (old),
sl6 25; March, $16.33; December, $16.50.
PRIMARY MARKETS.
(By Thomson A McKiuuon.)
_.N„c 15-
Chlcngo lH.tjtW) 91000 149 000
Milwaukee ... 5,000 27.000 73.000
Minneapolis... 804.u00 63.000 129 000
Duluth 202.000 14.000
St Louis 282 000 72 000 200.000
Toledo 257,000 10,000 14 000
Detroit 5,000 4.000 lrt.O'Si
Kansas City.. 484.000 8 000 2>.<Ki
Penrla 6,000 67 tsk) 31.000
Omaha 99.000 20.000 30.000
5,000
Totals 2.10 C OnO .387,000 722.000
Year ago. 2.312.000 790.000 1,092,000
—Shipments—
Wheat. Corn. Oats
Chicago ..... 25,000 281.000 81.000
Milwaukee ... 1.000 11 000 47.000
Minneapolis.. 24 s 'IOO 14,000 71.000
Duluth 427,000
St. iHtuis 74.000 30,000 72,000
Toledo 7,000 3.000
Detroit 8000
Kansas City.. 303,000 3.000 29.000
Peoria 4.000 34,000 23.000
Omaha 131,000 11,100 34 000
Indianapolis 15,000 10,000
Totals ... 1,220 000 405.000 375,000
Year ago... 731,0*® 31.8.000 552.000
Clea ranees
Domes. W. Corn. Oats.
New York ... 482.000
Philadelphia. 192.000
Baltimore ... 41000
Galveston... 1,823,000
Totals .... 2,038 000
Year ago.. 1,233,000
INDIANAPOLIS CASH GRAIN.
—Nov. 15—
Bids for car lots of grain and hay at
the call of the Indianapolis Board of
Trade were:
Wheat—Steady ; through billed, track,
milting, No. 2 red, $2.1002.11.
Corn Easier; No. 2 white, 01002 c,
No. 2 yellow, 91@92c; No. ,3 yellow, 90®,
91c; No. 3 mixed, 99®91c.
Oats Easier; No. 2 white, 52@53e; No.
3 white 61VSi@52G|C.
Ilay—Steady; No. t timothy, $27.50®
28; No. 2 timothy, $20.50®27; No. 1 light
clover, $25.50020; No. 1 clover hay, $23.50
@20.50.
—lnspections
Wheat—No. 1 red, 1 car; No. 2 red,
2 cars; No. .3 red, 2 cars; No. 4 red, 1
car; No. I mixed, 1 car; sample, 1 ear;
total, 8 cars.
Corn No. 2 white, 7 cars; No. .3 white,
1 ear; No. 4 white. 2 ears; No 0 white,
2 cars; sample white, 1 car; No. 2 yel
low, 9 cars; No. 3 yellow, 3 ears; No. 4
yellow, 1 ear; No. 3 yellow, 2 cars; No. 9
yellow,’ 1 car; No. 3 mixed, 1 ear; No. 6
inixed, 2 ears; sample mixed, l car; to
tal, 33 cars.
Oats —No. 1 white, 5 cars; No. 2 white,
23 cars; No. 3 white, 3 cars; No. 4 white,
3 ears; total. 34 ears.
Itye—No. 2, 1 car; sample, 1 car; to
tal, 2 cars.
Hay—No. 2 timothy, 2 cars; No. 1 light
clover mixed, 1 ear; No. 1 clover mixed,
1 car; total, 4 cars.
BOARD OF TRADE STATEMENT.
The weekly stattnient of the Indian
apolis Board of Trade, showing the out
put of flour by local mills, Inspections
for the week and stock in store, follows;
COMPARATIVE STATEMENT.
—Output of Flour; Barrels—
Nov. 13, 1‘430 8,256
Nov. 0, 1920 3,675
Nov. 15, 1919 14,935
Nov. 16. 1918 7,335
—lnspections for Week; Bushels —'
STOCK IN STORE.
Date. Wheat. Corn. Oats. Rye.
Nov. IS, 1920..253,180 260,340 294,650 1,000
Nov. 15, 1919. .564,623 207,600 280,870 69 220
Nov. 10, 1918. .264,340 325,400 261,401) 54,760
—Bushels—
Wheat ... 31,000 3,000
Corn 203,000 118,000
Oats 290,000 88,000
Rye 7,000 1.40 C
Twenty-four cars htiy.
Inspections for Week — 1910, 1920.
HAY MARKET.
The following are the Indianapolis
prices for hay by the wagon load.
Hay—Loose tln-athy, new, $25@27;
mixed hay, new, $22@25; baled, $26028.
Corn —Bushel, 90c@$1.10.
Oat—Bushel, new, 65@570.
Corn—New, 80@85c per tyu. ;j
CONTEMPT CASE
IN FINAL STAGE
Prest-O-Lite Suit Taken Under
Advisement.
After litigation In Federal Court for
five years in the case of the Prest-O-
Lite Company, Inc., against Orln K.
Stewart and Amelia Stewart, composing
the Sun-Llte Gas Company, final hear
ing of contempt charges against the de
fendants was held today before Federal
Judge A. B. Anderson, who took the
case under advisement.
A preliminary Injunction restraining
Infringement on trade-mark of the Prest-
O-Lite Company was Issued five years
ago, developed Into a permanent Injunc
tion order a year later against the Sun-
Llte Gas Company.
The injunction order stated that any
gas tanks originally filled by the Prest-
O-Lite Company, and later used by the
defendant, must be “enameled or plated” ,
In such a manner as entirely to obliter
ate the name of the Prest-O-Lite Com
pany.
It was further stated that when the
tanks were refilled by the defendant a
notice of Buoh must be placed on the
tank by plating or stamping.
Stewart admitted that he had not
enameled or plated the tanks, but de
clared he believed he had obeyed the
order of the court by merely painting
the tanks with an asphaltum or "enamel"
paint, and ho also admitted he had used
a paper label for notice of refill.
Judge Anderson pointed out that a
paper label was not sufficient, inasmuch
as it was not a permanent label, as was
specified In the injunction order, and
that the fact that Stewart had painted,
instead of enameling or plating the tanks,
wus a “plain evasion of the order.”
Judge Anderson deefcired that Stewart
had no Intention of obeying the law, and
said that he had been lenient with the
defendant when Stewart, at the issuing
of the permanent Injunction order four
years ago, asked Judge Anderson If he
ha*l any stock in the Prest-O-Lite Com
pany.
The Sun Lite Gns Company Is located
on the National road about a mile and a
half east of the city limits. Litigation
In similar cases In other courts has been
conducted for nearly ten years.
In the Cotton Markets
NEW YORK, Nov. 15—Although some
what irregular, with first prices 4 points
lower to 10 points higher, the undertone
of the cotton market was steady in the
early dealings today.
Stability was most marked for late
deliveries, which apparently were being
absorbed for Investors.
Nearby months were easier under sell
ing by Liverpool and the South, and by
room traders who were impressed by the
unfavorable conditions In textile circles.
At the end -of the first twenty minutes
the market w\is active and unsettled, with
prices about 10 points above Initial levels.
New York cotton opening: December,
18.28 c; January, 17.70 c: March. 17.55 c;
May, 17 50c; July, 17.35 c: September,
17.i0c bid ; October, 17 05017.07 c.
NEW ORLEANS, Nor. 13— An easy
tone continued In cotton futures today
In a com atlvely dull market, the open
ing b* it% 15 to 23 points lower.
Son®- spot buying pushed futures up
wnrd 6 to 33 points, but the demand soon
■•eased and quotations dropped to levels
17 to 29 points under the opening
The close wjs dull, 10 to 23 points net
lower.
New Orleans cotton range—
Open. High. Low. Close.
December .... 17 *4) 17.56 17.21 17 43
January .... 17 10 17 25 17.61 17.15
.March 1. 1r.12 16 78 16 99
May 10.82 17 0t 16.65 16.90
July 16.52 16.85 10.52 16.33
WASHINGTON. Nov. 13—The Census
Bureau cotton crop report for October
shows number of bales for 1920 and 1919
respectively ;
Cotton- -Exclusive of linters, consumed
during Oi-toiier 399.837 and 556.041; In
cotton growing States. 243.196 and 505,376;
held In consuming establishments Oct.
31. 943,651 and 1.358,139; held In public
storage and at compresses, 4,167,992 and
3,687141.
Splm.les—Number nctlvo during Octo
ber, 33,389.804 and 34,344,093.
LIVERPOOL, Nov. 13.—Spot cotton
opened slow. Prices were easier. Sales
totaled 4,000 bales.
American middling, 19,40d; good mid
dling. 16.5541; full middling. 15.65d; mid
dlings. 14 15*1; low middlings, 10 60d;
good ordinary. 7.63d; ordinary, 6.5ud.
Futures opened easier.
Weather
The following table shows the state
of the weather at 7 a. in , Nov. 15, as ob
served by United States weather bureaus:
Station. Bar. IVinp. Weath.
Indianapolis, Ind.. 30.41 28 Cloudy
Atlanta, Ga 30.26 38 Rain
Amarillo, Tex 30.62 20 Clear
Bismarck. N. 1).... 30 64 4 Clear
Boston. Muss 30.36 34 Cloudy
Chicago, 111 30.42 28 • PtCldy
Cincinnati, 0 30.42 28 Snow
Cleveland. t> 30 38 20 Cloudy
Denver, Colo 30.38 22 Clear
Dodge City, Kan.. 30.72, 12 Clenr
Helena, Mont 30.32 18 Clear
: Jacksonville, Fla. . 30 10 62 Cloudy
Kansas City, M 0... 30.62 26 Snow
Louisville. Ky 30.44 32 Cloudy
Little Rock, Ark... 30.42 34 Clear
Los Angeles, Cal... 30.06 58 Cloudy
I Mobile, Ala 30.18 46 ltaln
New Orleans, La.. 30.22 46 Rain
New York, N. Y.... 30.40 38 Cloudy
Norfolk, Va 30 34 50 Cloudy
Oklahoma City ... 30 62 20 Clear
Omaha, Neb 30.68 22 Cloudy
Philadelphia, Pa... 30 4040 Cloudy
Pittsburgh, Pa. ... 30.40 30 Snow
Portland, Ore .... 29.92 42 Cloudy
Rapid City, S. D.. 30.66 4 Clear
Hoseburg, Ore. ... 29.86 ’ 46 Rain
San Antonio, Tex.. 30 54 36 Clear
San Francisco Cal. 29.96 54 Ruin
St. Louis, Mo 3046 32 Cloudy
St. Paul, Minn 30.94 16 Clear
Tampa, FI" 30.04 66 Rain
Washington, L>. C.. 30.38 38 Rain
WEATHER CONDITIONS,
During the last twenty-four hours pre-
I oipltatton has occurred In the Gulf region
! and between the Mississippi River States
and the Alleghenies, and also over the
middle anil northern Pacific coast. It
| is warmer, ns a rule, east of the Miss
issippi River, but colder thence westward
to the Rockies, due to a field of high
pressure that now covers the Great
Plains. West of the Divide, however,
temperatures are rising again In eonnosv
tion with an extensive depression extend
ing along the Pacific coast.
J. 11. armington.
Meteorologist, Weather Bureau.
W HOLESALE PRODUCE.
Eggs—Fresh, loss off, 70c.
Poultry—Fowls, 20@25e; cocks, 15c; old
tom turkeys, 32c; young tom turkeys, 12
lbs. and up, 37c; hen turkeys, S lbs. and
up, 37c; cull thin turkeys not wanted;
ducks, 4 lbs. and up, 26c; ducks, under
4 lbs., 21c; goose, 10 lbs. and up, 22c;
squabs. 11 lbs. to dozen, $6; guineas, 2
lbs. per dozen, $9.
Butter- Buyers arc paying 58@59c for
creamery butter delivered at IndianapoUki
Butterfat- Buyers are paying s#®vsc
for cream delivered at Indianapolis..*
Rabbits—Draw" m- dnz., $3. A
CHICAGO I’itODUf^E.
Butter—Creamery. extract, file; cream
ery firsts, 58c; firsts, 4sff® >' • . >,
40043 c. Eggs—Ordinaries, 58@63c; firsts,
69@;70c. Cheese— Twins,
Americas, 22%e. L!vj pou ’ v
21c; ducks, 28c: >g*e so, 25c; Spring
chickens, 25c; turk.eys, 38c; roostem
Potatoes—Receipt-s, 104 cars; Wisconsin
and Minnesota., ‘>-.0u@2.3.,.
clem eland ritonres.
CLEVELAND Nov. 13. R;u. t er—Extra.
■ln tub nuts, 0* • ? @!CBe; prints, et)v @7oc;
(xtru t lr>tji. t ; .,i. a c; firsts, 62062Vy,
sccon<' s > Pi'tiWoSVic; packing stock 3712
@4oj®’O. Eggs-- Fresh gathered Northern
extras, <4c; extra firsts, 72c; Ohio firsts,
neV' cases, ilc; fiists, old eases 70c;
western firsts, new cases, 70c A case
contains thirty dozen. Poultry—Live
heV\ v J - fowls, 27@27c; light stock 224123 c ■
springers, 20® 27 c -old roosters,* 2V)@”lc •
spilug ducliH, 00953 c; turks, 89®40c ;
geise, 28@30c. *
MADE INITIAL
PAINTINGS AS
CHILD OF NINE
Now She’s Almost ‘Official’
Court Artist at Wash
ington.
By FREDERIC J. HASKIN.
WASHINGTON, Nov. 15. Wash
ington now hns one of the most interest
ing “court painters” It has ever known.
Miss Noretta McCormick Smith, who
has painted President Wilson, Gov. Cox,
Senator Harding, Secretary Daniels. Gov.
Smith of New York, and a host of other
;elebrities, has decided to settle down in
Washington and devote her time to im
mortalizing the nation's best known
faces.
Knowing something of Miss Smith’s *
achievements as a painter of the great, j
the reporter expected to be greeted by
a learned lady of uncertain age, who
would discourse weightily on the mis
sion of her art.
The Miss Smith who led us into her
hotel apartment was a blonde little girl
of possibly twenty-three years.
Mrs. Smith, who is naturally proud of
her daughter's fame, did most of the
talking.
"Before she knew her letters," said Mrs.
Smith, “Noretta always wanted to hold
r. pencil or crayon and illustrate the lit
tle stories I read to her.
"I always told her the queer little fig
ures were beautiful, so she kept on draw
ng, on her lesson papers at school, and
often in her play time.
“When she was about 4, we took her
to an art gallery, and her delight In
the pictures attracted the attention of
s French artist, who was visiting the
gallery.
"He followed her about, listening to
her comments, and when he left he said:
'Madame, your child will be a great
painter 1’
“At the time we were amused rather
than Impressed by the Frenchman’s eh
thusiasm, but when Noretta was 9, she
painted these " and Mrs Smith Indi
cated two little oil paintings, copies of
famous likenesses of Raphael and Shakes
peare.
The work was crude, but the features
etuld be easily recognized, and for a
child of 9. who bad never had an art
lesson in her life—well, they convinced
Mrs. Smith that her daughter was des
tined to he an artist.
Not until she was 14, however, did
Noretta Smith go to an art school.
She studied three years at the Art
Students’ league in New Y'ork, and at
the National Academy of Design, under
George Maynard, whom she considers one
of the finest teachers In this country.
"I have never studied abroad," Miss
Smith sasy.
"There is so much to learn In this
country, and we have such splendid
teachers here that I should be ashamed
to go to Europe to study, though some
day when I have time I do want to
I ravel."
She believes that American art schools
are at last coming Into their own, and
rhat students of the future will no longer
feel that they must hasten to Paris and
rtarve in a garret, so that they may
-ay they have been taught by the great
r rench artist. Monsieur X.
Little Miss Smith does not conform
•igidly to any school of art. She is
•working tilings out" for herself, as she
lays.
She Is decidedly not an impressionist,
but inclines rather to realism.
She likes to paint officials and promi
nent men, and she is working steadily
with the problems that apply to this
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particular kind of portrait painting. |
For instance, she paints so that hea
work can be seen at close range—an Iml
portant point, as portraits in publll
buildings are not always hung where I
long view is possible. M
Then, she tried to catch her
their most favorable and natural
A portrait to adorn a private mansion
Is made primarily to please only a few
people, and they may request that a
thoughtful or animated expression be
caught by the artist.
Snider’s Election
Cost Him $1,665.82
To be elected sheriff of Marlon County
on the Republican ticket at the last elec
tion, George Snider, sheriff-elect, paid
out $1,665.82, of which $1,500 was con
tributed to the Marlon County Repub
lican committee, according to a verified
leport fIUU today by 31 r. Snider with the
county clerk.
E. W. Little, Democratic nominee for
State Senator, spent $25; Carl E. Wood,
Representative on the Democratic ticket,
$73; Herman Seeger, candidate for prose
cutor on the Socialist ticket, and Mar
garet Doehler, Democratic nominee for
superintendent of public Instruction, did
not spend a cent.
The report of Mr. Woods shows that he
made no promises except to be "a Demo
crat still."
Boy, Struck by Auto,
Files Damage Suit
Claiming that he was struck by an
automobile driven by Roy Clements while
looking for a tag which had fallen from
a package he was delivering Louis Her
rin, a minor, by Nathan Herrin, his next
friend, has filed suit for $3,000 damage*
against Clements. Herrin claims he was
looking for the tag on College avenua
near Walnut street on Oct. 6 last when
he was struck by Clement’s machine.
The suit was filed in Superior Court,
room 4.
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