Indiana daily times. [volume], November 17, 1920, Last Home Edition, Page 12, Image 12

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

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12
LEADING STOCKS
SHOW DECLINES
Coco Cola Makes New Low—
Crucible Steel Weak.
NEW YORK, Not. 17.—The selling
movement, which occurred In the late
trading yesterday, was without influence
on the tone at the opening of the stock
market today, the leading Btocks again
being strong, and, although there were
some mixed changes at the opening, ad
vances were general after the first few
minutes.
Southern Pacific was one of the most
■active features, moving up over 1 point
to 11214 and Mexican Petroleum rose
1H to above 165.
Baldwin Locomotive rose 14 to 101%.
Beading moved up 14 to 91.
Bethlehem Steel B was another strong
feature, advancing 114 to 6014.
Steel common rose 14 to S3. Some
stocks showed declines lu the initial trad
ing because of the execution of orders
received over night to sell "at the open
ing." which, in many cases, were placed
at the opening bid, but after these sales
were made there was no further suppo.i
at the decline In sight.
Coca Cola continued under pressure and
sustained a further loss of nearly two
points to anew low for the year of 2114.
Selling was based on rumors that at
the next meeting of the directors of the
company the dividend payment which
was deferred at the last meeting will be
entirely suspended.
Although leading stocks maintained a
firm tone all through the forenoon there
were many weak spot markets.
A number of Issues were withont sup
port and sustained substantial losses.
Crucible Steel was one of the weakest
features, declining from 106 to 100.
Coca Cola sold down nearly 3 points
to anew low for the year at 21%.
Famous-Players was another weak spot,
dropping 11% points to 45%.
Steel common continued in persistent
demand, holding Its advance of % at
83%, and Bethlehem Steel "B" was also
strong, advancing 1% to 60%.
Mexican Petroleum, after selling at
165%, reacted to 163% and then rallied
to 165.
Southern Pacific, after reacting to
lil%, advanced to 112%.
Continued selling of many of the spe
cialties unsettled the general list shortly
after mid-day and many Issues broke to
new low prices for the year.
Crucible Steel sold down over 6 points
to anew low of 99%. Baldwin slumped
over 4 points to anew low of 96%. Stee*
common yielded 1% from the high to
81%.
The coppers were under heavy pres
sure. Anaconda yielding to 40%. American
Smelting to 48 and Utah to 50. all new
lows for the year.
Southern Faciflc declined 3 points to
309% and Reading broke through 88.
Union Pacific declined 2 points to 119%.
Mexican Petroleum sold down 4 points
to 161%. Corn Products yielded 3 points
to 74%. Pierce Arrow touched anew
low for the year at 22%. Losses of oer
3 points were suffered in the shipping
■hares.
(By Thomson A McKinnon.)
—Nov. 16—
'Business depression is so extensive,
extending into so many branches, that it
would be unreasonable to expect Instant
recovery.
Business changes do not come in such
■ way. Losses, both corporate and In
dividual, have been severe.
Decreased assets due to the shrinkage
in the value of Inventories will leave
many doubtful spots in business circles.
In some lines of basiness tevislon of
dividend rates will no doubt become
reeessary.
Reading *nd hearing reports of busi
ness from rll sections of the United
States presents a picture Just dark
enough to suggest that the culmination
can not be far distant, for it is always
at the peak of prosperity that reports
are most glowing, and it is usually at the
very bottom that reports are most
gloomy.
We are disposed to eiose our eyes to
toe conditions around us. We have seen
these conditions come and have not hesi
tated in directing your attention to It
repeatedly, but after analyzing all that
has happened and then take a glance at
the stock market. It should become evi
dent that a decline of nearly 50 per cent
in the average value of our stocks come
mighty near offsetting the business
change that has occurred.
The stock market began its decline
long before the business depression was
on and, according to all precedent, will
begin the rise well ahead of It.
At present the market Is far from
settled. We have had a rally, which may
extend some farther, but we must be
prepared for further weakness, but on
weak markets from now on the Investor
should begin the accmulatlon of stocks.
•TWENTY STOCKS AVERAGE.
NEW YORK, Nov. 17.—Twenty lndua
trial stocks averaged 76 66, a decline of
.02 per cent. Twenty active rails aver
aged 76.64, an Increase of .09 per cent.
CLEARING HOUSE STATEMENT.
NEW YORK, Nov. 17.—Subtreasury
debit, $1,584.9*3: exchanges, $866,737,372;
balances, $67,286,847.
Money and Exchange
Indianapolis bank clearings today were
s2,93ti,OtS>, against $3,372,000 a week ago.
NEW YORK, Nov. 18.—Commercial bar
sliver: Domestic unchanged at 99%c;
foreign. 18c higher, at 76%e.
The market closed higher: Sterling.
$3.41%. up 4%c; francs, .0584. up .0048;
lire, .0051, up .uOS; marks, .0123, up .0010;
Canadian dollars, .89, unchanged.
NEW YORK, Nov. 16. —Foreign ex
change opened generally higher. Denn.l
sterling. $3.39%, up 2-®-; francs, .05S1;
lire, .0347; marks, .0128; Canadian dol
lars, .89.
LONDON, Nov. 16. —Bar silver was %and
lcwer at 51d.
MOTOR SECURITIES.
(F.y Thomson & McKinnon)
—Nor. 17—
—Opening—
Bid. Ask.
Briscoe 14 16
Chalmers, com 1% 2%
Packard, com. 12 13
Packard, pfd 7S 3
Chevrolet . 200 500
Peerless 26 2S
Continental Motors, c0m..,. 7 7%
Continental Motors, pfd 93 !r
Hupp., com 12 12%
Hupp., pfd 97 Ido
Reo Motor Car 23 23%
Elgin Motors 7 8
Grant Motors 3 4
Ford of Canada 275 285
United Motors 30 40
National Motors 7 io
Federal Truck 20 22
Paige Motors 17 19
Republic Truck 30 32
ACTIVE OIL STOCKS.
(By Thomson & McKinnon)
—Nov. 17—
—Opening—
Bid. Ask.
Anglo-American Oil 19 20
Borne-Serymser 40<1 420
Buckeye Pipe Line 87 90
Chesebrough Mfg. Cons 200 220
Colonial Oil pfd 95 100
Continental Oil, Colorado.... 107 110
Cosden Oil and Gas 6% 7%
Crescent Pipe Line 30 32
Cumberland Pipe Line 145 i)
Elk Basin Pete 8% 8%
Eureka Pipe Line 100 ‘ 110
valena-Signal Oil pref., new 90 93
Galena-Signal Oil, com 50 53
Illinois Pipe Line 169 173
Indiana Pipe Line 85 90
Merritt Oil 12% 12%
Midwest Oil 1 2
Midwest Ufg 148 150
National Transit 26 28
New York Transit 165 175
Northern Pipe Line 10(1 JO2
Ohio Oil 285 300
Penn.-Mex 40 45
Prairie Oil and Gas 500 510
Prairie Pipe Line 200 210
/apulpa Refg 4% 5%
Solar Refining 390 410
Southern Pipe Line 115 120
South Penn Oil 235 240
>outhwest Penn Pipe Lines.. 63 00
standard Oil Cos. of Cal 208 313
standard Oil Cos. of Ind 705 715
Standard Oil Cos. of Kan 570 600
standard Oil Cos. of Ky 385 410
standard Oi! Cos. of Neb 420 440
Standard Oil Cos. of N. Y 300 650
•Standard Oil Cos. of Ohio 409 425
Swan & Finch A5 60
I'nton Tank Line 105 110
Tacuum Oil 320 330
Washington Oil 30 35
N. Y. Stock Prices
—Nov. 16— Prev.
High. Low. Close, close.
Ajax Rubber... 34 33% 34 33%
Alaska G01d.... 1% 1% 1% 1%
Allis Chalmers. 32 30% 30% 30
Am. Agricul 75% 73% 75% 73
Am. Beet Sugar 59% 59 59 57%
Am. B. Mag. Cos. 69% 68 68% 66
Am. Car & Fy..127% 125% 125% 125%
Am. Can 26% 25% 20 25%
Am. H & L com. 8% 8 8% 8
Am. II & L pfd. 52 51 51% 61%
Am. Drug 8% 7% 8% 7%
Am. In. C0r.... 6G% 51% 52% 54%
Am. Linseed.... 62%’ 60 62%
Am. Loco 88 86 86 86%
Am. Sin. & Ref. 52% 50 50 51%
Am. Sugar Ref.,loo 97% 97% 97%
Am. S. Tob. Cos. 77% 74 74 70%
Am. Steel Fdy.. 32 31% 31% 31
Am. Tel A Tel.. 99% 99% 99% 99%
Am. T0bacc0...115% 115% 115% 114%
Am. W001en.... 67% 65% 65% 05
Anacon Min. Cos. 42% 41 41% 42
Atchison 85% 83% 84% 83%
At. Gulf & W.1..117% 114 114 113%
Baldwin L0c0..102% 09% 100% 99
B. & 0 41% 40% 40% 40%
Beth. Steel <B). 61% 59 59 59%
Brk. Rap. Tran. 13% 13% 13% 12%
Can. Pac. Ry... 119 117% 118% 11.%
Cent. Leather... 37% 37 3.% 36%
Chandler Motors 77% 73% 73% 76
C. & 0 65 64 04% 63%
C., M. & St. F.. 38 37 37 36%
C.\l.& St. P.pfd. 46% 55% 55% 54 %
Chi. &N. W... 79% 79 79% <<%
C„ R. I. & P... 32% 31% 32 - 31%
C. P.6->pd. 66% 66% 06Ji 6.;%
Chill Copper 12% 12% l-% l-%
Chino Copper .. 22% 21% 21% -1%
Coca Cola 25% 22% 23 2o
Col. Fuel&lron. 30% 30 30 30%
Columbia Gns . 56V4
Columbia Graph. 14% 13% 14% 13%
Consol. Gns .... 84 S3 83% 83%
Continental Can 66 65% 85% 66
Cont. Candy Cos. 7% 6% 6% 7
Corn Products . 78% 77% .<% 76%
Crucible Steel . .108 105 105% 105%
Cuban Am. Su.. 34% 32% 32% 30%
Del. & Hud. ...102 101 * 102 101
D. & Rio Grande 1% 1% 1% 1%
D. & It. G„ pfd./2% 2% 2% 2%
Erie 16 15 15% 14%
Erie Ist, pfd. .. 24 23 25 22%
Famous Plyrs. . 60 57 57 59%
Fisk Rub. Cos. . 15% 14% 15% 15
Gaston. W. ft W. 4% 4% 4% 4%
Gen. Cigars .... 57% 56 56 56
Gen. Electric ...122 118% 118% 121%
Oen. Motorp ... 14% 13% 13% 13%
Goodrich 43% 41 41% 42%
G. N„ pfd 84% 83% 83% 82%
G. N. Ore 31% 31 31% 30%
Gulf States Steel 40 39% 40 39%
Houston Oil ... 89% BS% 88% 59%
Tnsp. Copper .. 36% 35 35% 35
Interboro Corp.. 5% 5 5 4%
Inter Harvester. 98% 97 98% 96
Inter. Nickel .. 15% 15 15 15%
Inter. Paper ... 57% 56% 56% 56%
Invincible Oil .. 27% 25% 26% 29%
K. C. Southern . 21% 21% 21% 21%
Kelly-S. Tire ... 43 41% 41% 40%
KennfKott Cop.. 20% 19% 19% 20%
Lackawanna Stl. 58 56 50 56%
Lehigh Valley .. 51% 51 51% 50%
Loews. Inc 19% 19 19 19
Marine Com 15% 14 14% 14
Marine Pfd 57% 53% 54% 53
Mex. Petrol 166% 163% 163% 162%
Miami Copper.. 17 16% 17 17
Mid States Oil. 12% 12% 12% 22%
Midvale Steel... 35% 34% 34% 34%
M„ K. A T 4% 4 4% 3%
Mo. Pac. Ry 24% 23% 24 23%
Nat. E. & Stamp 49% 47% 48% 47%
National Lead.. 71 71 71 70
Nev. Con. Cop.. 10% 10 10% 10
N. Y. Air Brake. 83% 83% 83% 82
N. Y. Central... 78% 77% 77% 77%
New Haven 27% 20% 26% 26%
Nor. A Weat.... 97% 97 97% 95%
Northern Pac... 89% 88% 89 * 89%
Okla. P. & R Cos. 3% 3% 3% 3%
Pau-Am. Petrol. 79 77 % 77% 77
Penna. Ry 41% 40% 41 41
People's Gas.... 38% 37 37% 87%
Pierce-Arrow .. 25 23% 23% 24%
Pierce Oil Com. 12% 12% 12% 12%
Pittsburgh Coal. 62 61 62 59%
Press. Steel Car 90 89 89 90
Pull. Pal. Car.. 106 105% 106 106
Pure OH 35% 34% 35 31%
Ray Copper 12% 12 12% 12%
Reading 91% 90% 90% 90%
Rep I. A Steel.. 69% 67% 67% 67
Replogie Steel.. 81% 80 80% 81
Royal Dutch.... 72 71 71% 70%
Saxon Motors.. 3% 33% 3
Sears-Roebuck .108% 107 107% 107%
Sinclair 26% 25% 26 25%
S-S S * 1 56% 56% 56% 50
Southern Pacific.ll2% 110% 11% 110%
Southern Ry.... 26% 25% 23% 25%
St L& S F com 27% 26% 26% 25%
Strom. Garb 53% 50% 51% 51%
Studebaker .... 49% 48 48% 48
Tenn. Copper... 8% 8% 8% 8%
Texas Cos 48% 40% 48 46%
Texas A Pac... 23% 22 22% 22%
Trans. OH 10 9% 10 9%
Union Oil 25% 25% 23% 25
Tob. Products . 57% 55 55% 55%
Union Pacific ..123 121% 122 121
U. R. Stores... 63% 61% 61% 61%
U. S. F. IV Corp. 36% 35 35 34%
United Fruit C 0.205 203 204 203
U. s. In. A1c0... 72% 71% 71% 70%
U. S. Rubber.. 62% 59% 60% 59%
U. S. Steel 83% 82% 82% 82%
U. S. Steel pfd. 106% 105% 106% 105%
Utah Copper — 34 52% 33 52%
Vanadium Stl... 51 49% 49% 49
Vlr-Car Chern... 45 44 % 45
Wabash 9% 9% 9% 9%
Wabash Ist pfd 26% 26 26 25%
W. Maryland... II 10% 11 10%
West. Union 87 87 87 86%
West. Electric.. 44% 42% 42% 44%
White Motors .. 41% 40% 41% 41
WlUvs-Over. .. 8 7% 7% 8
Wilson A C 0.... 47% 40% 47% 46%
Worth. Pump... 49% ADVA 40% 48%
NEW YORK LIBERTY BONUS.
Prev.
High. Low. Close, close.
Liberty 3%5.. 93.12 93.09 03 10 93.10
Llbertv 2d 4s. 85.80 85 54 85.34 85.50
! Lib. lat 4%5.. 88 06 87.50 87.54 88.20
Lib. 2d 4%5.. 85 98 85.60 85.66 85.60
Lib. 3rd 4%a.. 88 30 88.00 88.08 88 06
Lib 4th 4%s .86 40 86 10 86.20 86.28
Victory 3%5.. 95.84 95.76 93.76 95.74
Victory 4%5.. 93.86 95.74 95.00 95.78
NEW YORK CURB.
(By Thomson & McKinnon.)
—Nov. 16-
—Closing
Bid. Ask.
Curtis Aero, com 2 5
Curtis Aero, pfd 15 25
Tex. Chief 10 14
First National Copper % 1%
I Goldfield Con 8 10
I Havana Tobacco 1 1%
I Havana Tobacco pfd 4 7
j Cont. Teresa 3% 4%
| .Jumbo Extension 4 6
I International Petroleum 15% 15%
' Xlplssing 8% 9%
; Indian Pkg 2% 3%
i Royal Baking Powder 110 115
! Itoyal Baking Powder pfd.. 81 82%
; Standard Motors 6% 7%
Salt Creek 30 32
Tonopah Extension 1% 1%
Touopah Mining 1% 1%
United P. S., new ]% 1%
I IT. S. Light and Heat 1% 1%
!U. S. Light and lieat pfd.... 1 2
: Wright-Matin 4 6
I Yukon Gold Mine Cos 1% 1%
! World Film % %
.lerome 1% 1%
New Cornelia 16 18
United Verde 26 28
Sequoyah % %
Omar Oil 2% 1%
Itep. Tire 1% 1%
NEW YORK METAL MARKET.
NEW YORK, Nov. 17.—Copper—Dull;
spot, November, December, January, Feb
i ruary and March, offered 14%c. Lend—
| Dull; spot. November, December, Jan
uary, offered 6.50 c. Spelter—Dull; spot,
November, December, January, Febru
ary and March, offered 6.40 c.
CHICAGO STOCKS.
(By Thomson & McKinnon.)
—Nov. 16-
Open. High. Low. Close.
Carbide & Car. 55% 56% 55% 55%
Libby 10% 11 10% 10%
Mont.-Ward ... 20 20% 20 20%
Nat. Leather... 8 8% 8 8%
Sears Roebuck.loo 108% 106 108%
Stewart Warner 26% 27% 26% 27%
Swift & Cos 09% 101 09% 100
Switt Inter 25% 26 25 % 25%
Arm Lea 15%
WHOLESALE BEEF PRICES.
The following are today’s wholesale
market prices for beef cuts as sold by
the Indianapolis markets-
Ribs —No. 2. 37c; No. 3,24 c. Loins
No. 2,24 c; No. 3.20 c. Rounds—No. 2,
24c; No. 3,20 c. Chucks —No. 2,15 c; No.
3.14 c. Plates—No. 2. 14c; No. 3.14 c.
CHICAGO PROUUCE.
CHICAGO, Nov. 17.—Butter—Creamery
extras, 61c; creamery firsts, 57c; firsts.
48®G0c; seconds, 40@43c. Eggs—Ordi
naries, 58@62c; firsts, 69@70c. Cheese—
Twins, 24%c; young Americas, 25c. Live
poultry—Fowls, 22%c; ducks, 28c; geese,
25c; spring chickens, 23%c; turkeys, 40c;
roosters, 19c. Potatoes—Receipts 41
cars; Wisconsin and Minnesota, $1.25®
2.15. j
HOG PRICES
SUSTAIN LOSSES
Trading in Cattle Is Slow—
Calves Steady to $1 Off.
RANGE OF HOG PRICES.
Good Good Good
Nov. Mixed. Heavy. Light.
9.113.35® 13.50 $13.50@ 13.75 $13.35013.60
10. 13.00 013.10 13.00013.35 13.00
11. 13.0001310 13.10013.26 13.00013.10
12. 13.00 13.00013.26 13.00
13. 13.00 13.00013.25 12.85013.00
15. 13.00013.10 13.10013.25 13.00
16. 12.85012.90 13.00 12.95012.86
17. 12.25012.35 12.40012.76 12.25
Due to the large receipts that have
been pouring Into the market for the
last week or more, the lower tendency of
the prices on other markets, and the
general wave of feeling over the country
against high prices, prices on the hog
market of the local live stock exchange
opened 35 to 50c lower today.
Receipts were large at 13,000 fresh hogs
and more than 1,500 left over from the
trading of Tuesday.
However, there was a fair demand for
the good bogs at the lower prices, both
the local packers and eastern shippers
taking a fair part In the market.
Commission men were of the opinion
that there would be many of the hogs
that would not be sold and therefore left
over for the Thursday market.
There was an extreme top of $12.75 on
one good lot of heavy hogs, but the bulk
of the heavy hogs brought $12.40^12.65.
Good mediums and mixed generally
brought $12.25 @12.35, while lights
brought close to $12.25. ,
Rough and pigs were both lower, with
roughs at f11@11.50 and pigs at SU.6O@
12.25.
The bulk of sales for the day ran
close to $12.25@12.50. .
Trading was slow on the'cattle mar
ket. with all the principal buyers bidding
25@50c lower on most all grades of cat
tle, except canners and cutters, which
were barely steady.
There were Indications that many or
the cattle would be left over for the
Thursday market.
Commission men said that t.: slow
trend of the local market is to
the large receipts of poor grades of
cuttle that have been'coming Into the
market for the last few days, and also
to the reflection of the lower prices or
the western markets, due to the flooding
of those markets.
Receipts for the day approximated
1,000 cattle.
Prices were fairly steady at the open
ing of the calf market, and trading was
active, bnt after the first few minutes
there was a slump in prices and the
trading took on a draggy tone.
The market closed with good calves
and choice 50c to $1 lower and other
grades about steady.
Receipts approximated 600.
With 300 sheep and lambs on the
market, sheep were again steady at $4..8)
@T>, and lambs, steady nt $6..5)@11.
BOON.
Best light hogs. 100 to 200 lbs
Hyerage
200 to fOO lbs. averago .... 12 40<t$i-.70
Best pigs, uuder 140 lbs
Bulk of sales 12.25®l- Ue
CATTLE.
Prime cornfcd steers. 1.300 lbs
and up
Good to choice steers, 1.200 to M
1 300 lbs 10.00@13.00
Good to choice steers, 1,100 to
1,7 m lbs 10.25® 13.25
Medium steers. 1,000 to 1,100
lb, 8.504J10.50
Common to medium steers, ~,,
800 to 1,000 lbs 6./0@ B.tsJ
—Heifers and Cows —
Good to choice heifers 9.25@12.75
Medium heifers B.oo@ 8.75
Common to medium belters.. 6.00® 0.50
Good to choice cows B.HN® 9.00
Fair to medium cows 5.254? 6.00
Canners 3.25® 4.00
Cutters ■* 0.28
—Bulls—
Good to choCe butcher bulls . 7.25® 8.25
Bologna bulls 6.00@ 6.23
Light common bulls 4.00® 500
—Calves —
Choice veals 15.50@16.50
Good veals 12.00® 14.00
Merium veals 1100@13.00
Lightweight veals 7.00@10.U0
Heavyweight calves 7.00® 9.00
Stockers and Feeders—
Good to choice steers, 800 lbs
and up * 9.00@10 00
Good to choice steers, under
H>o lbs 8-00® 8 50
Medium cows S.UO® 5.50
Good cows 5.50 (if 6.00
Good heifers 0.504? 7.50
Medium to gDvsl heifers O.'MJ® 6.75
Good milkers 50 00'i1125 00
Medium milkers CO 00<iloO.OO
Stock calves. 250 to 45 01b5... 7.00@ 9.00
SHEEP AND LAMBS.
Good to choice sheep 4.50® 5.00
Fair to common 3.00® 4.00
Bucks 3.00® 4.00
—Lambs—
Common to choice yearlings 5.00@ 700
Spring lambs 6.30(211.90
Other Live Stock
CHICAGO, Nov. 17.—Hogs Receipts,
2.000; market 106r,15c up; bulk, sl2.4o<ij
i 12.85; butchers, sl2..Vi® 12.9"; packers,
lights, sl2 40® 12.90; pigs,
. $12.50® 13.25; roughs, $16.50®19. Cattle
1 Receipts, 18,000; market steady; beeves,
! $7.50® 17; butchers, $4.50® 12.60; cancers
and cutters, $34/5.50; Stockers and feed
ers, $4.254410.30; cows, *4.25®10 25;
calves, $134115. Sheep - Receipts, 17,0oo:
; market 25(@50e lower; lambs, s6® 10.50;
ewes, $2J50@5.25.
CINCINNATI, Nor. 17. Hogs Re
ceipts, 8,00<i; market strong to 25 cents
higher; heavies arid mediums, sl3; lights.
$12.75; pigs, $12.50; roughs, $11.50; stags,
$9449.25. Cattle —Receipts, 1.250; market
dull, few sales, fully 25 cents lower; bulls,
25 cents lower; calves. $17.50. Sheep uml
lambs—Receipts, 200; market steady;
sheep, $2446; lambs, $6®>12.25.
| CLEVELAND, Nov. 17.—Hogs—Re
i ei ;,uuO; market 25c up; yorkers,
$13.15® 13 25; mixed, $13.15® 13.25; mo-
Idiuin, $13.15® 13.23; pigs, $13.23; roughs,
i $11.50; stags, $9.50. Cattle- -Receipts,
300; market weak. Sheep and lambs—
Receipts, 1,000; market dull; top, sl2.
! Calves—Receipts, 500; market weak; top,
sl7.
i EAST ST. LOUIS. Nov. 17.—Cattle— Re
ceipts, 5,000; market slow; native beef
'steers, $11.50® 14.50 ; yearling beef steers
and heifers, $ll®14: cows, $7,254/8;
Stockers and feeders, SS.SO®S; calves, sl4
j ® 14.50; tanners and cutters, $4,254/6.
Hogs—Receipts. 21.000; market lower;
mixed and butchers, $124/12.40; good
heavies, $12.25® 12.40; rough heavies, $lO
® 11; lights, sl2®. 12.40 ; pigs, sll® 12.25;
bulk of sales, $12.15® 12.35. Sheep—Re
ceipts, 1,000; market steady; ewes, $5.50
®6.SO; lambs, $11.75® 12.25; tanners and
cutters, f 1.30®5.50.
PITTSBURGH, Nov. 10.— Cattle— Re
ceipts light; market slow; choice. $13.50®
14; good. $12.50® 13.25; fair, sll® 12; veai
calves, $18(818.50. Sheep and lambs—Re
ceipts light; market steady; prime weth
ers. $7®17.50; good, su®;7; mixed fair,
ss®6; spring lambs, $12.75® 13. Hogs—
Receipts, 20 doubles; market lower;
prime heavies, $13.25@13.50; mediums,
$13.25 ( @13.50; heavy yorkers, sl3 254/13.50;
light yorkers, $13,254/13.50; pigs. sl3 25®
13.50; roughs, $11®12; stags, $8®8.50.
EAST BUFFALO, Nov. 16.—Cattle—Re
ceipts, 850; market slow and steady;
shipping steers, $13.50® 14.50; butchers
grades. sß® 12; cows, s2®9. Calves—
Receipts, 450; market slow, 50c lower;
culls, choice, ss@lS Sheep and lambs—
Receipts, 3,000; market stow, s<)c lower;
choice lambs, $12,504/13; culls, fair, sß®
12; yearlings, s9® 10; sheep, s3® 7.50.
Hogs—Receipts, 6,400: market active and
steady t yorkers, $13.25® 13.50; pigs,
sl3 50; mixed, $13.50; heavies, $13.50;
roughs, $11(812; stags, s.3® 10.
CLEVELAND PRODUCE.
CLEVELAND, Nov. 17.—Butter—Extra,
in tun >ois, bi ,4(0680; prints, ti9%®7oc;
extra firsts, 06%®07e; firsts, 65%®06c;
s.couds, do®o2c; packing stock, BSc.
Eggs—Fresh gathered Northern extras,
74c; extra firsts, 72c; Ohio firsts,
new cases, 71c; firsts, old cases, 70c;
western firsts, new cases, 70e. A onse
contains thirty dozen. Poultry—Live,
heavy fowls. 27®27c; light stock, 22®2d0;
springers, 26® 27c; old roosters, 20@21c;
spring ducks, 00@33c; turks, 39®400;
geese, 28®30c.
EGGS 90 CENTS PER DOZEN.
NOBLESVJLLE, Ind., Nov. 17—Eggs
are selling on the Noblesville market for
90 cents a dozen and few of them are to
be had even at that price. This Is the
highest price ever paid for this farm
product In Hamilton County.
INDIANA DAILY TIMES, WEDNESDAY, NOVEMBER 17,1920.
Tennessee Bankers
to Finance Crops
NASHVILLE, Tenn., Nov. 17.—Tennes
see bankers will be called upon to play
a prominent part In the financing of
southern crops, through stick subscrip
tions to the Federal Foreign Finance
.Corporation, recently organized lu New
Orleans by financiers from the twelve
southern States.
Tennessee’s quota of stock subscrip
tion Is $500,000. Middle Tennessee bank
ers will be called to meet In Nashville
s me time next week. T. R. Preston of
Chattanooga Is the Tennessee member
of the campaign committee.
Local Stock Exchange
—Nov. 17—•
STOCKS.
Bid. Ask
Ind. Ry. A Light, com 60 ...
lud. Ry. A Light, pfd 84 .
Ind pis. & Northwest, pfd
ludpls. A Southeast, pfd
Indpls. St. Ry 60
T. ft.. T A I•••
T. H.. .. AE„ com 1%
T IL. I. & E., pfd **
U. T. of Ind., com *
U. T. of ind., Ist pfd
U. T. of Ind., 2d pfd ••
Miscellaneous—
Advance-Rumely, com
Advanee-Kumely, pfd •••
American Central Life 23.* •••
American Creosotlng, com...
Belt Railroad, com 65
Belt Railroad pfd 45 51
Century Building, pfd 93
Cities Service com ••• •••
Cities Service pfd
Citizens Gas 32% ...
Dodge Mfg. pfd 91% ...
llpme Brewing 55 ...
Indiana Hotel, com 65 ...
Indiana Hotel, pfd 90 ...
Indiana National Life 4% ...
Indiana Title Guaranty 59
Indiana Pipe Line
Indpls. Abattoir, pfd 43 50
ludpls Gas 43 50
i Indpls. Tel. com 9 ...
Indpls Tel. pfd 90
’ Mer, Pub. Util, pfd 00
National Mo'or 7
1 Public Savings 2% ...
I Ruuh Fertilizer, pfd ...
‘Standard CHI of Indiana 703 ...
l Sterling F(re insurance 8 ...
[Van Camp Hdwa , pld 93
I Van Camp Packing pfd 96
Van Camp Prod., Ist pfd... 93
[Van Camp Prod., 2d pfd....93 ...
Vamlalia Coal, com 6
Vuudallu Coal pfd 49
Wabash Railway, com 9
Wttbush Railway, pfd 14 ...
Banks and Tru..t Companies—
Aetna Trust 100 ...
Bankers Trust 118 •••
Clry Trust 80
Commercial National 65
Continental Nat. Bank 112 ...
Fanners Trust 200 ...
Fidelity Trust 120 ...
Fletcher Am. Natl 256 ...
Fletcher Sav. A Trust 163 ...
Indiana National 280 ...
Indiana Trust
Live Stock Exchange 450 ...
Merchants National 279 ...
National City 112 120
Peoples State 176 ...
Security Trust 120
State Havings A Trust 90 94
Union Trust 3*o ...
Wash. Bank A Trust 150 ...
BONDS.
Broad Ripple 5s 00 ...
Citizens St. Ry. 3s. 74 ...
Ind. Coke and Gas Cos. 65,... 87 ...
Indian Creek Coal A Min 98 ...
Indpls. A Col, South. 5s 88 ...
Indpls. A Greenfield 5i 90
Indiana A Martinsville 05... 00 70
li.dpla. A Northern s*. 44 54
Indpls. A Northwestern 58 65
Indpls. A Southeastern
indpls., Shelby. A 8. E. 5s
Indpls. St. lly. 45..’ 63 ...
Indpls. Trac. \t Ter 5s 70
Kokomo, Marion A Western. 80 S4
Union Trac. of lud. 6s 52% 61
Citizens Gas Cos 76 81
Ind. Hotel 2<J 6s 95 100
Indpls Gas 55... 7* 80
lndpis. Light and Heat 77 S3
Indpls. Water 4%s 71% 81%
Indnls. Water 5* 88 91
M. 11. A 1,. Ref. 5s 88 91
New Tel. Ist 0s 94 ...
New Tel L. Dirt. 5s 93% ...
South. Ind. Power 6* 80
LIBERTY BONDS.
Liberty first S%s 92.90 93.20
Liberty first 4s
Liberty second 4
Liberty first *% 87 44
Liberty second 4%s 85.34 85.94
Liberty third 4%s 88 00 88.34
Liberty fourth 4%5... 88.00 88.34
Victory 3%s 95.70 95 90
Victory 4% s 95.76 96.02
SALES.
SIOO Victory 4%s 95 52
In the Cotton Markets
NEW YORK, Nov 17. —The cotton tnnr
kpt was active and barely steady at a
net loss of 8 to 21 points at the opening
today.
Weak cables and spot loss liquidation
chiefly explained the initial decline, al
though sentiment was bearish In view of
the textile situation, and growing unem
ployment throughout the country. There
was little incentive to give the list sup
port.
A little buying by the trade, Liverpool
and Wall Street was soon supplied and
the market soon became still weaker,
showing a loss of 20 to 22 points at the
end of the first 20 minutes
New York cotton opening: December,
18c; January, 17.40 c; March, 17 20c; May,
17c; June. 17® 17.02 c; July. 16.90 c; Sep
tember, 16.00 c; October, 10.50 c.
NEW ORLEANS, Nov. 17.—With dull
trade, lack of spot demand und bearish
cables cotton futures started 4 to 14
points lower toduy and sagged off 5 to
13 points further.
Small port and Interior receipts
brought a few supporting orders which
carried quotations to levels 1.8 to 28
points nbove the opening, but the sup
port soon vanished and the market again
became easy in the afternoon with figures
about where they started the day.
WASHINGTON, Nov. 16. —Census report
for period Aug. 1 to Oct. 31 shows, for
1920 and 1919, respectively:
Cottonseed- Received at mills, including
reshipments, tons. 1,215,379 and 1.558,600;
crushed tons, 773,464 and 973.766.
Products Manufactured Crude oit,
pounds, 237,737.344 and 297.707,139; re
fined oil, pounds, 110,558.827 and 101,-
515 985; cake and meal, tons. 343.857 and
444,603; hulls, tons. 222.910 and 204,682;
linters, bales. 99.097 and 152,629; hull
fibre, bales. 16.549 and 17,587.
Seed, at Plants Tons, 471.979 nd 608,-
559; crude oil. pounds, 105,851,351 and
115.149,051; refined oil, pounds, 170,-
017.309 and 10XAH1.267.
Cotton seed received at mill and
crushed Aug. 1 to Oct. 31, and on hand
at mills Oct. 31. by States:
Received.Crushed.On hand.
Alabama 33,148 24,.542 8.925
Arkansas 88,500 54 071 35,259
Georgia 138,007 110,105 33,439
Louisiana 50.06 L 39,523 12,438
Mississippi 111,096 82,8.® 30,132
North Carolina.. 55,903 35,131 21,710
Oklahoma 85,619 406,408 38,301
South Carolina. 70,00.3 56,355 29,066
Tennessee 48,226 30,479 19.922
Texas 501,112 279.911 228,102
All others 24,712 12,109 13,993/
LIVERPOOL, Nov. 17. —Spot cotton
opened at an Improved Inquiry. Prices
were easier. Sales totaled 4,000 bales.
American middlings, 18.70d; good mi l
dl'.ngs, 15.8f>d; fully middlings, l t.osd;]
middlings, 13.45d ; low middlings, 10.20d ; I
good ordinary, 7.20d; ordinary, 6.2(M.
Futures opened easy.
WHOLESALE PRODUCE.
Eggs- Fresii, loss off, 70c.
Poultry—Fowls, 20@25c; springs, 25c;
cocks, 15c; old tom turkeys, 32c; young
tom turkeys, 12 lbs. and up. 37c; lien
turkeys, 8 lbs and up 37; cull thin
turkeys not wanted; ducks, 4 lbs. and
up, 20c; ducks, under 4 lbs., 21c; geese,
10 lbs. and up, 22c; squabe, 11 lbs. to
dozen, $0; guineas, 2 lbs. per dozen, $9.
Butter—Buyers are paying 58@59c for
creamery butter delivered at Indianapolis.
Butterfat—Buyers are paying 57®58c
for cream del'vered at Indianapolis.
Rabbits—Drawn, per doz., $3.
WAGON WHEAT..
Indianapolis flour mills today are pay
ing $1.95 for No. 1 red wheat, $1.92 fori
No. 2 red wheat and $1.89 for No. 3 red. :
Other grades according $0 their quality.
Oats—Per bu, 43c. i
GRAIN MARKET
CLOSES LOWER
After Showing Some Strength
at Opening, Prices Decline.
CHICAGO, Nov. 17. —Grain quotations
continued their decline on the Chicago
Board of Trade today under general sell
ing pressure.
At the opening of the market wheat
showed some strength, but as the flood
of selling orders reached the pit, the
market dropped.
Provisions were lower.
December wheat wus up %c st the
opening, SI,BB, and In later trading
dropped 3e. March wheat opened off %<:
at $1.77, and lost an additional 2%c
subsequently.
December corn, after opening off %c
at 79%e, lost lc additional. May corn
was off %c at the opening of 79%c, and
before the close dropped an additional
l%e.
December oats opened off %e at 48%c.
and subsequently lost %c. Unchanged nt
the opening of 53%c, May oats later
dropped %c.
(By Thomson A McKinnon.)
—Nov. 16—
Wheat—The rumors of financial assist
ance for Germany strengthened the early
wheat market. Prices were helped also
by a report that exports sale of yester
day were considerably larger than orig
inally estimated. Some of the larger
exporters believe that England and
France will need In the neighborhood of
75.000,000 bu before Southern Hemisphere
wheat is available. Taking into consid
eration the demand from nbroad and the
absence of any lurge movement from the
country, the situation is strong. There
is, however, a noticeable lack of buying
power in the market, except such as
comes from exporters and cash handlers.
We do not anticipate any weakness in
prices until further developments
Corn —The entire trade is imbued with
the ilea that we are on the eve of a
movement of new corn. Asa conse
quence there is no demand in the way
of anticipation of future needs. On the
other hand those who believe lower
prices are withholding operations until
the volume of the movement from the
country uncovers Itself. It Is claimed
that western farmers are receiving only
55®06c for the new corn. This, of course,
is far below what the farmer has been
receiving, but It does not In nay way
affect the demand from the consumer. We
remain of our previously expressed opin
ion that there is nothing discoverable to
suggest any permanent Improvement In
prices On the contrary values should
drag lower under the weight of the huge
surplus.
Oats—Receipts are so Anail that the cash
markets ahow strength. Premiums belug
slightly firmer It is not possible to polut
to any particular Improvement In the
demand from distributors, but there Is
more Interest shown by some of the in
dustries. Prices will possibly follow the
action of corn in a small way.
Provisions—The idea of better buying
power from Germany seems to have been
fully anticipated yesterday, there being
no Important demand today. The future
of this market depends upon develop
ments In Germany’* finances.
CHICAGO GRAIN TABLE.
WHEAT— Open. High. Low. Close.
Dec 188 1.90 1.82 1 84%
March.. 177 1.79 1.71% 1.72%
CORN
Dec 74 74% 71% 72%
Mar 79% 79% 76 76%
OATS— .
Dec 48% 48% 46% 47%
May.... 53% 53% 61% 51%
PORK
Jan 24 25 21.90 23 53 23 55
LARD—
N0v.... 19 80 19 85 19 65 1965
■lan 15.52 15.90 15.45 15.43
RIBS—
Jr.n 1305 13.40 13.00 13.00
CHICAGO CASH GRAIN.
CHICAGO, Nov. 17. Wheat No. 3 red,
$2.13%; No. 1 red, (2.11%; No. 1 hard
winter, $1.03%811.92; No. 2 hard winter,
$1.93; No. 3 northern spring, $1.90. Corn
—No. 1. 83!'(! '•>l%o ; No. 1 white, S3e; No.
: w h,%4j.57%c; No., 2 ml ted, 844?
84%c; No. :t white, 7:> i*u%c. No. 2 3<l
low, 86’*<a 87%c; No. 3 mixed, 79c; No. 4
white. 777175 c Oats No. 1 white, 54c;
No. 2 white, 52%c®53%;; No. 4 white,
41%4t50%c.
TOLEDO CASH GRAIN.
TOLEDO, Nov 10.—Wheat—No. 1.
$2.13. Corn No 2 yellow, 94c. Osts
N > 2 yellow, 674j’Vtc. llyc No. 2. $1 65.
Barley—No. 2,95 c Cloverveed Cash
(1913), sl2 20; (1920) find November
$12.30; December. sl2 40; January, $12.70;
February. $12.95: March, SI2BO. Timothy
Cash (1318*. $3.15; (1919>, $3.35; No
vember, s3.is>; December, $3.55; March,
$3.65. Alslke Cash (new), $16.; cash
1 old!. $16.25; March, sl6 35; December,
$16.50.
PRIMARY MARKETS.
(By Thomson A McKinnon.)
—Nov. 16—
Wheat. Corn. Oat*.
Chicago 27.000 99 <*) 138.000
Milwaukee 4 000 23.000 103 000
M'nneupolls... 679,000 18.000 70.0)0
Duluth IS6 000 1,000 2,000
St Louis 71 IKS) 47,(55) 72.000
Detroit 4,000 5,000 8,000
Kansas OUy.. 192. <X) 5.000 12 "0"
IVorli 2.0 H) 310(H) 20,000
Omaha ..' 12 O.K) 10.‘Xx> 20,000
Indianapolis... 10.000 45,000 68 000
Totals 1,200.000 294.000 558 000
Year ago. 1,080,000 568,000 678.000
—Shipments—
Wheat. Corn. Oats.
Chicago 7.000 91,000 120,00.>
Milwaukee 6.000 17.000 39,000
Minneapolis ... 96,000 7,000 53,000
Duluth 498,000
St. Luuts 67,000 29.000 12,000
Toledo 7.000 2.000 23.000
Detroit 2.000 2.000 4,(XV)
Kansas City .. 224.000 9.000 19,000
Peoria 1,000 IS.(XX) 13,000
Omaha 35,000 • 18.000 36,000
Indianapolis 14,000 6,000
Totals 943 (XX) 207."00 439.000
Year ago ... 805.000 312,000 580,000
—Clea ranees—
I)om. W. Corn, Oats.
New York 176,000 150,000
Baltimore 13,000
New Orleans. 327.000
Totals 603.000 163,000
Year ago... 492,000 90,000
INDIANAPOLIS CASH GRAIN.
■—Nov. 17 —
Bids for ear lots of grain and hay at
the call of the Indianapolis Board of
Trade were:
Wheat- Strong: through billed, track,
milling, No. 1 red, $2.14@2.10; No. 2 red,
$2.13®2.14.
Corn -Easier; No. 2 white, 88®.91%c;
No. 2 yellow, 89®91c.
Oats Easier; No. 2 white, 52®53c; No.
2 mixed, 51®51%e.
liny—Steady; No, 1 tlmothv. $27 504.
28; No. 2 timo-thy, $26.50@27; No. 1 light
clover mixed, $25.50®26; No. 1 clover
hay, $25.50®26.50.
-—lnspections
Wheat —No. 1 red, 1 car- No. 2 red,
2 curs; No. 3 red, 1 car; rfo. 4 red, 2
ears; total, 0 cars.
Corn—No. 1 white, 1 car; No. 2 white,
10 cars; No. 3 white, 3 cars; No. 4 white,
1 car; No. 5 white, 3 ears; No. 6 white,
1 car: No. 1 yellow, 2 cars; No. 2 yel
low-, 6 cars; No. 3 yellow, 2 cars; No. 4
vel!ow, 3 cars; No. 5 yellow, 3 cars;
No. 2 mixed, 2 cars; No. 4 mixed, 1 car;
No. 5 mixed, 1 car; total, 39 cars.
Oats—No. 1 white, 7 ears; No. 2 white,
16 cars; No. 3 white, 1 car; No. 1 mixed.
1 car; sample, 2 cars; total, 27 cars.
Hay—No. 1 timothy, 2 cars; standard
timothy, 1 car; No. 2 timothy, l.car;
packing hay, 1 car; total, 5 cars.
WHOLESALE FEED PRICES.
Top Sacks. Cwt.
Acme brand $.OO $2.20
Acme feed 43.00 2.20
Acme middlings 47.00 2.40
Acme dairy feed 53.25 2.70
E-Z dairy feed 44.25 2.25
Acme 11. & M 45.00 2.30
Acme stock feed 37.00 1.90
Cracked corn 45.00 2.30
Acme chicken feed 66.50 2.65
Acme scratch 49.50 2.56
E-7, scratch 46.50 2.35
Acme dry mash 60.25 3,05
Acme hog feed 51.25 2.60
Homllk, white 45,00 2.30
Rolled barley 49.50 2.50
Alfalfa mol 61.00 2.60
Cotton seed meal 47.00 2.40
Linseed oil meal 60.01 3.50
CORN MEAL AND FLOUR.
Corn meal, cwt., net $ 2.65
E-Z Bul/e bakers’ flour. 98-lb. sacks. 10.55
Banks Take Stock
in Financial Concern
MACON, Ga., Nov. 17. —Representatives
of 165 banks In Georgia assembled here,
l'tive subscribed $1,088,500 of Georgia's
quota of $1,500,000 to tne organization of
the Federal International Banking Com
pany, which Is to be capitalized at $12,-
000,000 and have $6,000,000 paid In capi
tal.
The largest single subscriber was tho
Citizens ami Southern Chain of Banks
which took SIOO,OOO.
The Atlanta National Bank subscribed
for $75,000 worth of stock and other
leading financial Institutions of the State
subscribed liberally.
The headquarters of the institution will
be established In New Orleans.
The general purpose of the corporation
Is to finance southern foreign trade, but
especial attention will bo paid to the
marketing of cotton.
On Commission Row
There was a brisk tone to the trading
on the wholesale produce market today.
There has been quite an increase In the
consumption of tropical and semi-tropi
cal fruits since the cold weather, and
the trade in them is especially good.
There was a small supply of Idaho
Iceberg lettuce on the market today at
$7 a crate.
A limited supply of green beans were
selling at $5 per hamper.
Thero is a fairly good supply of
Florida grape fruits on the market.
TODAY'S PRICES.
Apples—Barrel, $5.50®8.
Beaus—Michigan navy, In bags, per lb.,
s%®oc; Colorado piutog. In bags, per lb.,
7%®Sc; red kidneys, in bags, per lb., 14®
15c; California pink chill, in bags, per
lb., B*®B%c; lintels, per lb., 12%c.
Peas—Dried green, per lb. 10c; split
yellow', 100 lb. bag, per lb., 10c; marrow
fats, per lb.. 10c; marrowfats, in bag,
per lb.. 12@13c; California limas, In bags,
10%®Uc.
Beets—Fancy home-grown, per bu.,
$1.50.
Bananas —Extra fancy high-grade fruit,
50®60c per hunch, per’ 11*., 10c.
Cabbage—Fancy Northern, per lb., l%c.
Cantaloupes—Per crate, $2,i0@5.50.
Carrots—Faucy, home-grown, per bu.,
sl-25.
Celery—Fancy New Y’ork (rough), 5-6
doz, crate, $5; trimmed, per bch.. $1.25;
fancy Michigan, square box, $1.75.
Cocouriuts—Fancy, per doz., $1.25.
Cucumbers—Fancy hothouse, per doz.,
$2,754*3.
Cranberries—Per bbl., $12.50; per half
hid. boxes, $0.50 ;per bu.. $4.25.
Egg Plant—Fancy, home-grown, per
doz., sl.
Grapefruit—Extra fancy Florida, per
box. $4.25415.
Lemons- Extra fancy California choice,
per box, $4®4.25.
Lettuce—f ancy hothouse, leaf, per lb.,
16c; barrel lots, per lb., 14c; fancy homn
firown endive, per doz., 40c; fancy Wush
ngton Iceberg, per crate, $7.
Onions—Fancy home-grown, yellow or
red, per 100-lb. bag, $1.35421.90; fancy
Indiana whites, per 100-lb. bag, $2.50;
per bu., $1.40; fancy Spanish, per crate,
$2 25.
Oranges—Extra fancy California Valen
cias. per crate, $7.50®9.25.
Parsley—F'aucy boipe-grown, per doa.,
254x30c.
Potatoes—Fancy Michigan and Wiscon
sin round whites, per 150-lb. bag, $4; In
6 or 10-bag lots, per 150-lb. bag. $3.90;
fancy Eastern Jerseys, per hpr., $3.00.
Pears—All kinds, $1.50®2.50.
Quiuces —Fancy California D’Ango,
$6.50.
Radishes—Button home-grown, per dox.,
25c; fancy long, per doz., 25c.
Sweet Potatoes—Fancy Virginia Red
Stars, bbl., $4.25; per hamper, $1.50@1.85.
Spinach—Fancy, per bu., $1.50.
Rice- Fancy head, per lb., 11c; Blue
Rose, per lb., 10c.
Turnips- Fancy home grown, new, per
bu., $1,254(1.50.
Mustard—Fancy home-grown, per bbl.,
$1.75.
Kale Fancy home-grown, per bbl.,
$1 75.
Cauliflower- Fancy New York, per
crate. $2.25®2.50.
Oyster Plant—Fancy hothouse, per doz.,
40c.
Leek Fancy home-grown, per doz., 35c.
Sag*—Fancy home-grown, per doz., 45c.
Green Onions—Fancy hothouse, per
doa., l7 ! -jc.
Mangoes—Fancy per bu.,
$2 50. v *
Rutabagas—Fancy Canadian, per 60
lbs . $1 ; per 110 lbs., $1.75.
California Grapes -Fancy Tokays, per
crate. $3; fat:y Emperors, per crate.
$3.25. fancy Emperors, in drums, 31 lbs.
net. (C. 50. ,
Cider—Pure apple, 6 1-gallon glass
Jugs, per case, so.ro; No. 10 tins, 6% lb.
nets, per case of 1 doz., $6.50.
Weather
Station Bar Temp. Weather.
Ind ana polls, Ind. ™ Cloudy
Atlanta. Ga 30.20 28 Clear
Amarillo, Tex 30.12 32 Clear
Bismarck. X. 1>.... 29 98 34 Cloudy
Boston, Mass 29.58 44 Rain
Chicago, 111 30 08 28 Cloudy
Cincinnati, () 30.02 26 Snow
Cleveland, 0 29.70 32 Snow
Denver Colo 30.04 36 Clear
Dodge CUv, Kan. . 30.12 28 Clear
Helena, Mont 29 92 38 Cloudy
Jacksonville, Fla. . 30.20 40 Clear
Kansas City. Mo. 30.16 26 PtCldy
Louisville, Ky. ... 30.18 28 Clear
Little Rock, Ark. . 30.30 24 Clear
U..X Angeles, Cal. .SO 10 56 Clear
Mobile. Ala 30.32 82 Clear
New Orleans. lot. . 80.32 38 Clear
New York. N. Y. . 30.34 52 Rain
Norfolk, Vs 29.76 44 Cloudy
Oklahoma City 30 22 32 Cloudy
Omaha, Neb 30.02 30 Cloudy
Philadelphia. Pa. . 29.40 48 Cloudy
Pittsburgh, Pa. ... 29.60 34 Snow
Portland. Ore 29 76 66 Rain
Rapid City. S. 1)... 20.96 12 Clear
Roseburg, Ore 29.86 54 Rain
Knn Antonio, Tex.. 36.32 32 Clear
San Francisco, Cal. 30.10 58 Cloudy
St Louis. Mo 30 22 26 Clear
St Paul. Minn. ... 29.98 22 PtCldy
Tampa, Fla 30.20 52 Cloudy
Washington, l. C. 29.58 40 Cloudy
WEATHER CONDITIONS.
The storm tile'- e •’ -
Florida Tuesday morning has moved
nor ! oiMtt pu o houiu
accompanied by o heavy rainfall In the
Atlantic States and snow flurries west 0/
the Alleghenies to central Indiana. In
other parts of the country, except In the
north Pacific region, the weather has been
fair, and the temperature lius risen con
siderably In practically all the trans-
Mississippi sections except the southwest
ern plateau. The readings over the north
ern plains States and the far Northwest
ere again near or above the normal for
the- season.
WHOLESALE BEEF PRICES.
The follow 11 • are today's wholesale
market prices for beef cuts 11s sold by
tlie Indianapolis markets:
Ribs No. 2,3 Sc; No. 3.24 c. Loins—
No. 2,24 c; No. 3,21 e. Rounds—No. 2,
24c; No. 3,20 c. Chucks —No. 2,13 c; No.
3, lie. Plates —No. 2. 14c; No. 3.13 c.
HAY MARKET.
The following are the Indianapolis
prices for hay by the wagon load.
Hay- Loose timothy, new, $27@29;
blxed hay, new, $26®28; haled, $26®28.
Corn—Bushel, 90c@$1.10.
Oats —Bushel, new, 53®5Sc.
Com—New, 80®83c per bu.
SwlEll
is the story of Peter Perkins
and how he accumulated
SIO,OOO in ten years by
saving $25 per month. One
of our investors wrote that
“Getting Aiv;ad”haß made
him realize that every dol
lar he saves he can invest
with comparative safety
and high yield. Another
says it opened up to him
the possibility of profitable
Investment in bonds and
stocks. We will gladly send
a copy of “Getting Ahead."
K9IEBEL & CO.
INVESTMENT BANKERS
337 South LaSalle St„ i
. CHICAGO J
TREATY’S RATHER
ROUGH ON HENS
Requires Them to Lay 20 Mil
lion Eggs a Year.
BUCHAREST, Nov. Ift.—Roumanla’s
hens must turn out 20.000,000 eggs within
the next twelve months If the terms of
the commercial treaty which their home
land has recently concluded with Austria
are lived up to.
Not only have the hens of the country
been mobilized for the work of produc
ing these 20,000,000 eggs but they are
called upon for double duty In that they
must continue a steady supply for home
consumption. In this general mobiliza
tion of a nation's hena those pertaining
to certain Institutions such as the hos
pital which the American Red Cross
maintains at Constanza for the care and
treatment of 150 tubercular children are
exempted and will continue to perform
their barnyard duties for these places.
In compensation for the work expected
of the hens Austria by the terms of the
treaty agrees to repair 500 locomotives,
which will go far toward re-establishing
railway service lu this country.
Aside from allowing tha 20.000,090 eggs
to leave the country, Koumanla agrees to
permit the export to Austria of 120.000
tons of maize, 150,000 tons of barley.
20,000 pigs, 46,000 tons of benzine, and
72,000 tons of petroleum.
In exchange Austria will allow the
export to Roumanla of Iron and metal
gotds, the fulfillment of the latter clause
depending upon her receiving sufficient
coke from other countries to operate her
factories; vehicles, electrical supplies,
hosiery, woven goods, paper, chemicals,
musical Instruments and leather goods.
Parents Warned by
Health Secretary
A decided Increase In the number of
cases of scarlet fever In the city caused
Dr. Herman G. Morgan, secretary of the
board of public health, to Issue a warn
ing to parents today. Children should
be watched carefully for symptoms such
as sore throat and tonsllltls and the
family physicians consulted Immediately
If there is any Indication of illness. Dr.
Morgan said.
The increased cases are reported heavi
est In the southeast and northeast sec
tions of the city, but there are cases
scattered all over the city. The entire
force of school nurses and physicians
are working to prevent the scattered
cases from resulting In an epidemic.
“The Woman of
Today”
One of the things that has brought
disaster to many a woman is the in
experience and bewilderment when
suddenly called upon to transact her
own business affairs.
“The Woman of Today”
is taking time by the forelock and
preparing herself for just such an
emergency.
Let us help you become a business
woman.
The Woman’s Bank Department
Fletcher American National Bank
Fletcher American
Travel Service
OFFERS A TOUR TO
NEW ZEALAND, AUSTRALIA
and the South Seas
With Extension to
China, Japan, the Philippines, etc,
January 5, 1921.
FLE r CHER AMERICAN COMPANY
STEAMSHIP DEPARTMENT—AGENT ALL LINES.
ggfN INFORMATION
I "regarding the 8% Cumulative Pro-
Vik farm! Non- Assessable Stock of The
Nassau Hotel & Steamship Corrv-
Ltd.—each share carrying a
20% bonus of Common —mey* be
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CISVELAND TORONTO NEW YORK
Kirby Bldg. 3d. of Trade Bldg. 25 W. fid St
f< FEDERAL TAX
SPECIALISTS 4tp
ACCOUNTING WM
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APPRAISALS
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CATTLE RUSH
DROPS PRICES
Timidity Over Live Stock Fu
ture Overloads Market.
CHICAGO, Nov. 17.—Half fed. Inferior
grade cattle being rushed to the Chicago
stockyards from all parts of the coun
try by panic-stricken farmers are caus
ing demoralization of the cattle market,
according to Albert Baker, head of the
United States bureau of markets here
today. Baker appealed to farmers to
stem the tide.
Farmers, Baker said, have become
panicky because of timidity over future
live stock prices and are unloading
underweight atock on the market which
has caused wide breaks in prices..
It was estimated that there were close
to 68,000 cattle In the stockyards at the
opening today. This is tbe largest num
ber in two years.
Cattle prices broke and stock sold for
$1 lower yesterday than the previous
day's close and from $2.50 to $3 cheaper
than two weeks ago. Prices yesterday
ranged from $7.50 to $12.50 with the
prospect today that prices would be
cheaper.
Cattle prices are cheaper now than at
any time since 1916.
“Farmers are cutting their own throats
by sending under weight cattle to
slaughter,” Baker said today. “It stands
to reason that well fed cattle will bring
better prices than the inferior grade now
being sold. Feed is much cheaper and
there Is no reason why farmers should
not hold their stock until they are more
mature.”
Baker said the grade of cattle being
dealt In was poorer than at any time
for several years.
Demoralization of the cattle market has
had little effect on the hog market, ac
cording to Baker. Porkers sold from 25
to 35 cents lower yesterday. Baker ex
pects further declines in hogs, but pre
dicts the downward movement would be
gradual.
WgW LARD
'w CHEESE
OLEOMARGARINE