The Indianapolis Star from Indianapolis, Indiana • 23

9 23 INDI AN AT OLIS THI GRAIN COTTON OIL AND Announcement LIVE STOCK QUOTATIONS Galloway Oil Refining Co EDITED BY BERT HENLE HIGHER CORN TUMBLES LOCAL STOCK MARKET IS QUIET New York Stock Exchange STOCKS Total Sales 69 93 96 AH Weights at $15 43 13 139 36 130 313 99 87 468 Am 68 113 103 Hotel 300 PRODUCTION 1 460 14 TS 6 1535 90 104 90 8 1500 1500 179 181 80 93 100 We join the famous Texas Chief prop Slmcn Choice 19 the situation Sup Cop 90 43 44 certain 1 1 4 VanCamp 2d pfd 103 134 2600 135 900 43 ready to drill 63 83 101 Trust Co 15 15 isk Rub Co 266 turned 218 128 126 1400 120 70 71 70 58 squabs 101 1:17 800 130 VI 88 74 74 DIVIDENDS 800 158 Market Pickups Grain 3 6 47 200 Northwestern 5s 68 38 be 29 12 tv $13 53 6 0 109 82 51500 350 33 34 1500 5s 149001500 99 101 94 1500 52 15 0001525 66 (Jronml loor 51 Main St ort Worth Texi 135001400 43 42 125001 150001550 102 101 102 101 9950 145001500 81 3000 2 10 was Opening Anglo A tner Oil Nov 111 while 25 25' 65001310 Par Value $1000 Per Share 100 ioo TJ Co 112 130001900 70001100 239000 Weeding Elec SO 100001100 950 8000 THE METAL MARKETS 7000 800 RICHARDS Corn GEOg 850 OIL un American Central Light Bldg Indianapolis Ind Medium eb 900 6 6000 700 ADDITIONAL and months mixed 6 6000 700 for Asked TEXAS lerlcan Marftonl Qurtis Aero pfd under realising although the later cables mixed 74 rf MAP REE tlmoth Indianapolis Securities Company 1731c July Third loor Law Bldg Established 1012 was very heavy lio No Name 3 mjb Street Town ire and Burglar Proof Safes nssti I INVESTMENT CONTINUED ON PAGE 34 4 cv 157 Pho TAT f8 94 'A Brvkrrape bervtr that la parfoelion' CMStPcv4 bid 88 4 139A Soutn ta Salle St Chicago mixed red 5 Total HOLLIDAY COJ 1st 91 Republic rid 9 2 i INVESTMENT SERVICE Quoted Sold Bought 4 Servlet that Perfection' 20 New Map of Texas E3 National Motor Circular upon request Oil and Geological WANTED HURST CO COMMON STOCK WIRE BY THOMSON Showing Compiled from rt 80 JOHES THURMOND Htate furnished 3 5 uller Co INDIANAPOLIS IND CURRIER COMPANY READ ST AH WANT ADS OR PROIT USE STAR WANT ADS OR RESULTS ftasas City C07 Republics Bld nth Co Co Co Co Co Ind Km 23 46 53 96 700 500 Ry Springs St I corn Stutz Mot Co Saxon Mot Co Tobacco Woolen 900 600 200 138 103 138 56 63 100 of of of of 181 138 55 101 Yesterday Week ago Year ago 36 181 300 137 24 149 69 109 6 1'lpe Line Oil pfd Oil com ripe Line Pipe Line Int Rp Trru 5b Int Mer Mar 6s 8 ref 5 Ug Myers 5s 235 97 235 100 100 750 000 600 0 2000 Am Am 38S 86 84 63 101 46 36 82 88 25 168 388 87 94 95 61 78 7S 68 88 37 88 97 99 103 15 79 J0 9 165001750 llOOn 50 8000 1050 18 3 2 20 42 33500 pounds 90 92 86 900 750 92 58 5 Bid 50 88 and carried down with 2s 2b 1 3 180 139 69 104 19 24 150 104 58 75 38 Gas Pitts Coal 40U 11 00 500 600 92 226 200 1000 138 102 Ind A1co Lubber Steel I mixed $1 43 ft 1 4 6 nr $132(135: white ear $1510153 No 5 vellow Bld 8 9612 9316 15 59 109 60 96 75 75 14 75014 fO 15250 1550 T' 97 56 resulted from th week's tending and was due primarily to a material Improvement lii the demand from local packing houses 300 2200 75 38 26 30 104 15 49 25 93 58 8 Rubber 6s 8 Steel 5s Without obligation on my part kindly send relative to your 7 nontaxable participating 49 25 168 389 87 1500 barrels of which has 3 for Sent ref 5s ris Sec of 5931 164 109 91 370 94 93 2 2 2 8 83 64 57 89 i 33 104 77 Penn gen 5m Reading 4a I 5s 4 0 StLASRRadjfs 3 iu 2 16 1500 500 100 900 Amxlo rnch 5s rm or Co 4a Atchison en 4m Breeding Ewe to yearling'! 53 10 133 39 WM in 59 78 shares IL shares IL Jan Ribs 100 760 8599 100 91 92 85 96 hors here after Active futures' ranged Nn 6 $1530 100 52 9 1 i 9001500 15 00 99 301 137 2065 90 79 181 135 MARKETS ON PAGE 93 2 95 95 126 125 82 89 92 VJ6 Sherp 200 98 183 302 138 21 Water 5s Rauh ertilizer pfd Standard Oil Co of Indiana 60c a dozen rank Sawyer Pres me descriptive literature preferred stock irty map nfarticular field dis able per cent those for $1340L36 Ta No 3 white Stl ref Cons Leathr 5s Pac 1st and Co coin and I Co pfn We buy and sell real estate make loans and deal In high class securities nresldent Mr At Moreland who for more than twenty years has been a 1 1 It a i 1 eel nt I 'not nr 32 46 88 84 87 38 26 30 12 596 9 3423 Wab 1st pfd Light weight 180 150 lbs common medium and choice Heavy packing sowp 250 lbs and tip smooth Packing bows 200 lbs and up 5700 1100 3500 600 70 94 9S 108 NOVrEMBER 9 pi9 the good reliable com panto opera ing storehouse oi live news briefly told by men who know the oil tmslnoea Get the Write today for Buy an Income Month by Month 103 103 30 19 good choice and 22 2 2 81 81 No 2 $213: No (seventy pounds Oats hitn ST LOUIS meltings al ee far from for 273 208 382 260 22c av'r 2 pounds geese Utah $675 675 675 675 600 650 800 850 860 1000 850 800 1125 1300 1000 per Into into Indpis Indpis 1 nts Mt rcjianis Heat Ret 'kln Rap STEEL SINCLAIR CONS ronreaenta the lam the day except as otherwise in 1JVK CTHCAGO 9005 15C tc tuna $14 15 30 io id Mo Pae gm 4s Mont Pow 5a On db 6s cv 9a No Pacific 4s No Pacific Is Inter Nickel Inter Paper Kelly Tire CATTLE Beef Steers Medium and heavy weight l10(j lbs up: Choice and prime Good The only excep reported during the morning were of a few loads of medium weight at $1490 and scattered Rales of fat plga at $1510 and $1525 As common medium and choice Common medium and choice 6 6fri) 4800 231 1 uu400 101 (j Go if Ohio Swan inch Union Tank Line Vacuum Oil Washington Oil based on the Chicago mar 66c a pound Indianapolis 71c a pound CIIICA(X) POTATO PRTC CHICAGO arrival 79 banks sacked Russets $325 Valuable Guide to InvcatorB Sent ree on Keenest Gen Motors GRAIN PRICES CURRENT 'AGO Nov 8 Corn Nn 2 Sub Boat irm Nat Cop Goldfield Con Havana Tobacco Havana Tobacco pfd Jumbo Extension Inter Petroleum' Nipisslng Indian Packing Co Houston Oil i Royal Baking Powder Royal Bak Powder Standard Motors Sinclair Gulf Oil Salt Creek Tonopah Extension Tonopah Mining I'nitvd 3 new 8 Light Heat Light Heat pfdWright Martini World ilm Yukon Gold Mine Co Jerome New Cornelia United Verde Loft Candy Co Sou Trans Sequoyah Omar A Republic Tire Kenecott Cop Lehigh Vai TRICES (W choice lltdit $145001460 1476 NEW YORK CURB MARKET BY THOMSON quiet during the iron SUNDAY STAR Writs Dept IS 11 descriptive data gratis Wheat Street Railway 4s Trac Term 3s Marion Ac AV 6a Members Consolidated Stock Exchange of 67 Exchange riaee New York City $125001300 LVU HP 0)1 and 70 89 78 93 58 5 65001100 6000 900 600 0 700 Money was' stock market Hide pfd Int Corp Linseed Loco Ref Miami Cop Mo Pacific A Midvale Steel 10 900 Marine 2800 Writ for proopArtna ahowdne msrnlhuJe of plant and giving full Informa tion price and Lenua Bonus decrease 25 nrr cent with eyries 300 200 1000 l2w0 800 8800 3300 800 1300 1300 6900 S200 5800 1500 Tob Co' 1700 steel ray uncertainties which exist In regard tn new crop purchases business Is practically at a standstill with the trade awaiting some definite announcement Prices however continue firm with offerings not aggres sive In refined sugar there were no changes or consequence continued to i Norfolk North Pacific Ohio Git Gas Okla Ref 2700 oo 4600 128 900 300 1600 24 00 500 RAVA NN AH Ga Nov firm $155 sales 900 shipments 5 stock 10 485 sales 381 receipts 1902: Stock 39 771 Quote $166501675 II I $185001875: $2005 nr xtrnr ii 30 3 8 181 170 140 137 60 59 re NAVAL STORES Turpentine receipts 572 Rosin steady shipment 1 $1665: 17 1 5 ft 1730 $2050 CHICAGO STOCKS Open High Low ancamp Hardware pfd VauCamp Packing pfd 86 '85 '68 100 R7 83 8J OICIAL QUOTATIONS I E'TNTANTru' ir a dizutc ON BONDS AND STOCKS I I I I I £1 (11 Vr A cl ICC' I I ZV 1 I LINSEED OIL PRICES Local dealers are quoting the following prirrs on linseed oil: Raw $190 boiled 136 137 56 35 130 The committee sugar whenever McKinnon Closing xiia No 3 yellow sample yet Rank nr 1 1 "'r Indiana "National Bank Indiana Trust Co Live Stock Exchange Dank Merchants National Bank National City Bank People's Stale Hank Lackwana Sti24 Stax Mot com 3 ccpted for any listed stock of on a deposits per cent reg 100 cou 10fi 3b reg 88 3s cou 88 reg 106 cou106 Three Months Trial Subscription you want to know anything about any oil company or oil field Packard com Packard pfd Continental Car Hum Rto Motor Car ord of Canada Int Motor com Int Motor pfd Hinder Mg low $156r 1 58 2 72ft74c Rye No 2 $137 Readinrr Rep Ir' 836400 128 of 9400 106 4 0 103 100 18 Borne Scrymser Buckeye Pipa Chsbrgh Mfg Con Colonia Oil Cont Oil Colorado Cosden Oil Gas Crescent Pipe Cumberland Elk Basin Pete tiurexa Gal Sig Gal Sig Illinois Indiana nrri 1 1 Midwest Oil Mid west Rfg National Transit New York Transit Northern Pipe Ohio Oil Penn Max Prairie Oil Gas Prairie Pipe Lino Sapulpa Refg Solar Refining Southern Pipe souin renn Sthwst Penn 8 810900 Shares Closing bid a corn rallv of moderate proportions If weather is bad Monday but bulges should be met with sales in our opinion Oats This market trid to be firm early on some buying of December against cash Corn Prod Crucible Steel Cuba Sug Columbia Gas Dei Had I It pfd DUI UTH LINSEED PRICES DULUTH Minn Nov 8 IJnseed On track $4690475 arrive $467 Novem ber $465 December $455 May $439 Sales High 1aw Close 3500 47 45 45 The State Sav and Trust Co Union Trust Co BONDI Broad Rippin 6s 2 Hlgbcst award for products air 1893 Earning power many times dividend requirements4 Entire output sold under contract until 1925 5 Material assets far exceed total preferred stock Largest plant In America of Its kind Kir month jcrlptlon of i Jtang Oil went to any one lreted free CO iMhlHhcr Ziff PAO QUOTATIONS HOGS INDI LN A I IT PRODUCE Butter Wholeaalo buying prices of butter fat are kt which Is Ilf rhl Cr tb at Indiananolln reah Hires Jobbers KANSAS CITY Mo Wheat: 309c lower: bushel) $135 63c Rye No Hulk of sales Heavy weights 350 lb up medium good and choice Medium weight 2U0 225 ibe good and choice Light weight 160 200 lbs Consolidated Stock Exch 50 Broad btreet Aew xorK 2 mixed 1510 1 53 396 110 2900 394 i 'At 85 ducs 25c treei 66e Eggs 57c Am Ain Anacan Co Atchison Atchison pfd Nov 8 Potatoes Strong cars Northern rurals Kur ouiK Idaho Nov 8 Cash: fi hard $2350o 1 red 822R unchanged The early cable quoted San tos futures 50 to 225 rds lower but a special cable received later showed a rally of 50 to 125 pels Brazallan port receipts 43000 Jundiahy receipts 11000 2000 330 2000 53 Our production Is situated in the southeast part of Block 9 7 Itcd Rlvor Valley land morS particularly known as the Northwest Extension of Burkburnett field Wichita County Texas erties on the east Shipments Wheat 516000 bushels vs 96300" corn 302000 vs 393000 oats 818000 vs 126000 flour 222000 barrels vs 116000 Pies 130 lb" down medium good and choice Stock plg 130 lbs down common medium good and choice Our 60c large colored Oil Development mai of Texai Oil ields sent the en tire or lexas ian an oil don't be misled our map hpwi the big fields any also bean Good scale American Crcoaoting Co pfd Belt Railroad coin Belt Kanroad pfd Century Building pfd Ciilei Service Co cum Cities Service Co vtd Citizens Gas 1917 Issue itizens Gas Co prior to 1917 Dodge Mfg Co pfd nov 8 Poultry 230 turkeys 3 NEW YORK BOND QUOTATIONS TOTAL SALKS $955uOOO Tho following rales of dlcated: UU ILCU UUUCJ kilt As has been the case all certain Bpeujatuuo itrnnelv in SDltO of Ol Chand 85 85 104 104 0 8 Vi 139 102 Corn Dec Jan May Oats Dec May Jan following prices are fnr Indianapo IK hay and grain In wagon loads: flay yoose timothy $26 0 7 vnlxed $242: Clovnr $23025 Com Old $1200140 new I11O012S 6a 7 2 7 1 ctraw Wheat $809: oats $11013 Indianapolis mills and grain elevators are paylnv $215 for No 1 what $312 for No 2 red and $2X8 for No 3 red Other grains on their merits EXTREME RANGE IN HOG Good choice Good mlxvd Producers of High Grade Crude Oil in Black 97 Extension Burkburnett Texas 3 white $154 0 f1 2 white 7 1 fi 7 No 3 white' fi9d73c No 4 fbfombon 7 0 a 1 Malting 1300142 last week with quotations ranging about 21c to 21c for electrolytic w4 unchanc cd ST IxjUIS Mo Nov Tead chanrd at $6 62 slab zinc $765 Union Trac of Ind 6s Indiana Hotel Co 2d 6s Gas co bS Light ami 'Heat 5s No'l A proven business of thirty standing No No No No Am Pe Pierce Oil Irregu $122513: spring Btraxnts no'cr Wheat No 2 red 3 cars No 3 rars No 4 red 3 cars No 5 red No 1 spring 1 car sample 3 cars ACTIVE OIL STOCKS BY THOMSON McKLNNON The reason prices declined was on ac count of the lack of interest in the trad ing and the lack of support which has been given heretofore to the market by large buying from the West and SouthSuch buying was conspicuous for its absence in session professional Wall street having the whole Dung to itself for the first time since the last upward movement began Good scale buying went ou In the better grade of stocks but this buying was not of sunl cient proportions to interfere with the selling movement that was conducted from tho outset by the professional floor tracers In addition to such selling there was also scattered selling from commission houses as a result of mar gin calls but this amount to much It was for the most part con fined to specialties which have thus far held very well in the declining move ment Sentiment in commission house cir cles was very bearish which probably accounts for the failure of new buying to make its appearance to check the professional selling Another disap pointing feature was the fact that stocks refused to rally at the closing Usually on Saturdays the stocks rally after a selling movement on short cov ering and evening up transactions by traders who make It a rule never to carry stocks over the week end The fact that they did not rallv today in dicated that traders were having an easy time to cover commitments which had been put over earlier in the week Still the market was an ordinary affair with all that with no indications any where of large blocks of stock for sale Most nf the selling was in 100 share lots outside of Steel common This particularly Heavy an uay all other independent steels IL Booth lsherl Carbide A Carbon Illinois Brick Libby Lindsay Licht Bears Roebuck Btewart Warner Kwlft fe Ca Kwitt inter in Iha mixed 2 $125: No' 3 $122 MINNEAPOLIS Minn Nnv lour Unchanged Bariev $160132 lax before that There was no special change in the news to account for the selling Some fear was expressed over articles in the morning papers about money situation but these were not the prime considera tions in price movement Reason for Decline TEXAS OIL BULLETIN faaued complete Informa Marino pfd Mex Petrol 11400 Nat En Stp 900 $500000 AMERICAN POTTERY CORP chased only nniAli Bijpplies Medium to ecod hrtfers advanced 75 cents to 11 steera and cew! 50 to 75 crnts canners and cutters 50 conU and good quaHlv feedcra 50 cents Sheep prices were unchanged yentnrdav at $2 to $650 according to quality and cononion or lamng with beat nallv selling at $1250 Receipts were light KANSAS CITY Ma Nov Butte Extras 62c packing 46c Kgge irsts 60c seconds 49c Hens 20023c 17 16 100 100 52 General Sales Reflect Average Advance of 10 Cents With 9 191R 60065c irm mess $6n family $52064 Land Rasy middle West $27 1002720 Birelv steady citv loose Rice irm: fanev bead 13013c Blue STOf'K BY WIRE Hogs Receipts closing weak HOYALTIES We own full royalty on 2133 acres and ot royalty in GCOO acres These royalties' are all in Texas with groat possibilities for an enormous income wore unchanged at 9c COEE Nov 8 The market opened unchanged to on a continuation of novpmAnt xvhioh wa couraged by the flj nicr tone of Rio San tos futures however were lower and Culls and common Yearling Wethers Medium good choice and prime Ewes Medium good and choice Allis Allis pfd Alaska Gold Am Agricui How Many Shares Have Towest Cash Price Address No 205 Star 42 30 8 7 16 13 7 Cont Candy LI At A than on either riday or the day Col uel 1 I iu certain clement being time Give us good weather and a respectably decent car serv ice and the receipts of enrn and oats will flood out th cash demand except at reduced levels News was scarce today The wheat situation promises to put a crinrn in those very high premiums over the fixed price If the food administration can do It and action of a max imum advance of 5 cents per bushel net nnv nn nprin ssinn now tt can decline to any old figure anv time without limit shows the tendency of the in a magazine for inventor Con tains reliable information about listed ntocks and bonds The current issue contains late data on several established securities that have at present market levels a liberal income yield Investment will be sent free if you write for it Today KRIEBEL CO Am Can Adv corn Mag Car 1600 Sinclair Oil52100 Sloss Sheffield 1900 So Pacific 41 "00 So Railway 1100 Studebaker 21500 and mMHrr SHEEP Total Clearances Wheat 616000 bush els oats 100000 Thomson McKinnon's grain letter 1'eads: Corn It was a foregone conclusion that with the December and May mrn shorts liquidated the cash market would show the white feather which it did with a 9 cent decline in some grades os com pared with yesterday's high and it would even have been more but for the rain and snow predicted for over Sunday The weakness in stocks and cotton was not without the sentimental effect and frank ly 'the outlook for lower grain prices Citizens Street Railway 5s Indpis Col Southern 5s Indiana Coke Gas 6s Indian Creek Coal and 6: Indiana Union Traction 5s Indpis Greenfield 5e Indpis Martinsville 5s Indpis i Indpis 1 Indpis Indpis Ind pis Kokomo New Telephone 2d os New Telephone Ixmg Diet 5s Southern Ind Power Co 6s fRRRTv nnuns irst 3s 10050 4 0070 irst 43 94 7U Second 4a 9280 irst 48 94 88 Second 4s 9296 Ing owing tn the increased though conditions as yet normal fine granulated NEW YORK coffee futures points higher out owing to the extreme weakness In corn and that will probably bo the fate of any advances in oats at present provisions Hous were firm but product cnald not stand up against the com weakness and the result was lower prices 290 202 200 202 500 28 28 28 1400 84 84 84 heavies mediums $1475 $145001476 147541 1500 1475 ORGANIZATION A Joint Stock Company The Articles creating it vest control of its affairs in a Board of Directors acting under Declaration of Trust recorded in the Deed Records of Tarrant County Texas which provides that the assets ot the Association' shall be charged with the payment of all its liabilities and exempts the directors and share holders from personal liability for same INVESTORS nivwi latent informaXlon Oklahoma Wyoming and Kentucky oile AlMO mining and Industrial news drport on Any terk TOLEDO CLOSER SEED TOLEDO Nov Clover seed Prime canto $3025 November $3025 De cember $3035 January $30 45: ebruary 65 March $3035 Prime cash $20 60 December $3960 March 7 Prime cash ljlT 1918 540 cah 45C2 iXajeU 7v MOTOR SECURITIES by Thomson mckinnon Bld Ask oelnK 2914 cases firsts 69 ft 60 at mark cases included 53059c: storage packed lirefn 2c Poultry Alive un changed UVE KTOI Ilogs Cattle Calvos 3 9 176 $132 to $132 and May $126 to $126 Oats finished unchanged to to cents down and provisions off 15 to 45 cents Throughout the day values In the corn market headed almost uniformly down grade General belling which began at the opening and continued unchecked ex cept by week end adjustment of trades was attributed mainly to the fact 'that a material increase of terminals arrivals seemed likely to result from the suspen sion of the railway permit system as ap plied to rural shippers Report Is Bearish Besides the receipts today although not large were ample for Immediate require ments Weakness of foreign exchange to gether with correct anticipations that the government crop report issued after the close would prove bearish tended also to make buyers hold back and to give force to the pressure to sell Trade shitted rupidlv cut of the December delivery and into May Export business in oats and barley ac counted for relative ftrmness of oats as compared with corn Provisions sympathized with corn weak ore noerai receipts oi tomorrow were expected as follows Closing Nov 8 Nov 7 GJLBLRr JOHNSON A C0 for Years Oil Ojxrralori aud Brnkrre femtw 63 Ml St ort Worth Texan I com Chino Cop Chill Copper Present Price im per share par vnlnc SI00 Cnphnl SI OOOOOO Present Issue $300000 200 100 2000 Hhsher impply 10 double decks prtm heavies $1 480 medium anti heavy Yorkers $1690016 light Yorkers and Pigs $155001575 rougns 81001250 UA1X) Nov Re ceipts 1008 slow Receipts 30) $1 lower $5019 Receipts 4000: mealy heavy mixed Yorketa light mixed Yorkers and pigs $1550 few heavier at $1575 mughs $18 Stags $901160 Sheep and Receipts 2000: steady: lanii a $801450 few $1475 others un changed LOUISVILLE Ky Nov 8 Cattle Re ceipts 498 steady prime heavy teers $12013 heavy shippli steers $11012 medium steers $1001060 light steers $9950: fat heifers $801125: fat rows 87 vfr10 50 medium cows $57507 cutters eanneis $47505 bulls $60 7 fA ivlMra f7tfMO5O nr rmni miicn cow a jyjty ii at common 1 4 I 120 to If: down 14 throwouts 79 Vtr CarChm MuLWithftsh lt Offered Illinois Ceil Insp Copper Inter Corp 1 terboro pfd ear corn old sound 150 vellmv ear $1 450 $1450150 Rye No 2 3 Nn 8 $13G'1 38 7 TAX EXEMPT Wo have paid fifteen consecutive semi annual cash dividends of each on our preferred stock tftenth dividend was paid July 2 1919 5 This stock is now upon a PARTICIPATING BASIS and will share in! the eartiings over aud above tho regular 7 If you have money that Is not earning 7 above taxes cut out and mail the coupon below aitti we will send you booklet explaining how profits are made and why real estate security is absolutely safe 1 PROPERTIES The Company owns leases on approximately 5000 acres of oil lands scattered throughout the various counties and oil fields of Texas 150 mixed v'andaiiu Coal Co pfd 11 Wabash Railway Co pfd 30 Wabash Railway Co com 10 BANKS AND TRUST COMPANIES Aetna Trust Co' 100 Bankers Trust Co 116 vity i rust to Commercial National Bank Continental National Bank armera iat my letcher ACTIVE PROGRAM Tho present production is approximately of high graeje oil daily the posted price long bf eu $225 per barrel The company has throe wells on the sand in as soon as tankage and pipe lines can be arranged Well No 5 is drilling at 1500 feet and arrangements are being made for the drilling of four more wells on this property Receipts of grain at the primary mar kets yesterday totaled: Wheat 1472000 bushels vs 1196000 a year ago corn 313000 vs 691000 oats 687000 vs 804 000 flour Su000 barrels vs 44000 Indpis Abattoir Co I IiKipiS Gas indpis Telephone Co com iniiAd Telephone Co pfd Law Building Ijvrnck Reimy pfd Merchants Pub Util Co pfdsutionai Car Co corn National Underwriter Co tc higher: packing 467248c bld Eggs Northern firsts now i asn 61c: obi ca 60o: Southern and Western firsts' now csHog E7c refrigerated extras 49c Poul Live fowls hnvy grains 27ft28c: roosters old 20 ft 22c hnrlngs heavy graded 277280: dvr ks 25 gorse turkeys 32350 NEW YORK Nov Putt Easy rnorlpts 9666 creamory higher than ox trns extra (92 score) 694 69r parking stock current rnukn No gathered Prospects of Increase in Sup plies Have Decided Bearish Effect on Market Hay In 7 rinnrbrrl clover mixed $287 5 2925 No 1 clnvor mixed $282850 No 1 clover TOLEDO Nov 8 Corn No 2 yel low old $157 Oats No 2 white new 7576r Barley No 2 $134 Rve No 2 $139 Hav No 1 timothy $180 iso nmoifiy LAAYYI'TE Ind $1700 1800 1 650 in i 9 on Common 8 00100 uigm oeigni i i iob uown Mnmco ana prime Medium and good Common Butcher jieirvrs good Cows: conrl Bulls: Bologna and beef Canncrs and Canners and cutters Veal Light and heavy weight medium good and choice Ilt avy weight common me dium good and choice eeder Heavy weight 1000 lbs up: Common medium good and choice Medium weight 800 1000bn common medium good and choice Light weight 8u0 lbs down common medium good and choice THEk TEN IPAYMENT vpianJ and a doxen other important stocks reviewed In the current of Weekly Market (circulation 300000) Send for a sample copy ''SUGABM AN CO CHICAGO Nov Prospects that an accelerated moiement of the corn crop would take place next week had a de cided bearish' effect today on the corn market Quotations closed heavy at 1 to 3 cents net lower with December firsts irm 765fl Live steady: 7 rnxt 9 rnntr a 20p turkeys 35c dressed fowls 21 chjrkptja 2rftf45c roosters 21j422c spring turkeys 35 4 a i $140061535 top' $15 457 uitim ir5: light lights $1475 71 Lr tfr wu nr 1 14 packing sows rough 114261450 pigs 1 150 (ft 1 Recelpts 4 compared with week ago: good to prime eera mostly 50c higher common and medium grades steady canners and best she srock 25c higher other mde mostly steady bst butcher bologna bulla Z6c to 50c higher others mostly yea calves 26c to 60c higher best eu' uiuk: 4DC Westerns mostly steady Shee cr lptH 8000: slow compared with etrr' a la wa a OK a A 4 wo iw iUKiKr and yearlings steady to 26o higher culls and feeder steady breeding ewes steady to 50o lower KANSAS CITY Mo Nov 8 I niizne' hull i heavls $15 16 ft 1 5 4 0 medium tcrntR i 'n i it nn 1 1 $1 4 50 icking sowZ 14 pigs $12 50 Re rnrKH! riir nsnr cattle packers and feeders to weak canners weak: calves SVG AR AND COEE SUGAR NW Nov 8 The local market for raw sugar was unchanged at 728c for RETAIL COAL PRICES Indiana lump per ton Linton No 4 lump Indiana egg Indiana nut Indiana mins run Indiana nut and slack Brazil block 'West Virginia splint Kastem Kentucky lump Pocahontas shoveled lump Pocahontas mine run Pocahontas nut and slack Bv nroducts egg coke Anthracite all sizes Aeolmrir mn i I tr Coal fin'd 'coke delivery prices: $1 ton extra for ground floor or dumped cellar $125 extra for bags If carried cellar 7 Cumulative Preferred Stock 100o Bonus of Common Stock Series A GUARANTEE INVESTMENT COMPANY ISCAL AC is increased five fold by the Ten Payment Plan i i IMMEDIATE SHIPMENT ROM STOCK 1 JBL Beams Channels Angles Plates: I SI Sheets Reinforcing Bars Shafting wl IS Bolts Nuts Rivets Spikes Raila' WLMf BliV wW 13 etc Shearing Punching Threading assa to order Our Engineering Depart ment is at your service YOUR BUYING POWER Oui i I Xi guged in the banking buines Is well equipped to assist investors in the purj chase or sale of securities His services are free for the asking Write phond or call on THE INVESTMENT SERVICE CO INDIANA Main 6210 810 II ume Mnnmir IUdg India nape lie GOSSIP uppermost' in Litis discussion At the open ing General Motors assumed leadership with an advance of 22 points to a new hivh record of 405 The turnover' to day was 1077000 shares with many in dustrial stocks showing new high rec ords for the year In Sinclair Oil the turnover for the day was 2di000 shares comnanid with only 185001' shares United states tlie whole of No 2 white 6 cars: No 5 white 1 car 2 yellow 3 care 1 Mrv vatlc 4 raru: ar No 2 mixed 3 cars? mixed 2 cars: No 6 mixed 1 car: sample mixed 1 car: ear 1 car Total 36 cars No 1 white 2 car No 2 white 17 rare No 3 white 3 cars sample white 2 can Total 24 cars Hay Standard timothy 1 car sample hiv 1 Total 2 c'jr While the wild performances of the loan rate In Wall street are theoduct of artificial stock hiark con IT! t10 IHrtt hCl 1UI a nanpr have reflected an un commercial papci This mistakable hardening of money nils was particularly apparent after the oderal Reserve Bank had raisca rates this week notwithstanding thathe rare on nlnety day commer cial bills remained unchanged at 4 cent Commercial paper among the banks very much as other securities are traded in When the dis ftnn rate at the reserve hank as raised holders of bills hastened to sei them with the result that the price fell and the yield Increased per cent to 5 per cent The reserve Indiana Ry Indiana Rv Inupla Nortnweatvrn ptcl indpis Southeastern pid Indpis Street Rati way ri xrac ana gigta pra I com rx i a Dnlun Trac of Indiana com Vnion Trac of Indiana 1st pfd Union Trac of Indiixna pfd Advance Kumeiy Cu pfd Advance Humely 'Cv cum Hogs averaged TO cents higher yester day at the Indianapolis yards in face of a liberal supply practically nil business in volving good stork Laing ddne on a basis of 15 a hundredweight Hons sales hogs back general rule however pigs were sold (wUh load at $15 An Increase In the de mand from local packing houses offset a slight falling off in purchases fur outside account Packing sows were In fair demand aud prices re unchanged at $1350 to $11 with the prevailing price $1375 Light rough sows wore quoted at $1260 to $1325 Trice movement for tho last week waa erratic and within rather narrow limits final quotations revealing a net gain of 25 cents Cattle Are Steady Trading for cattle was of the usual end of the wnik character owing to light sup plies and to lack of stock of fair to good quality Prices were steady at level Receipts of calves wore light the demand was lively and of chobw veals were higher at $1750 to $19 Medium vals and cheaper grades of calves were unchanged its to price A general recovery In values of killing Orders will be ac active merit of No' 2 $134! 34 $465ft470 NEW YORK Nov to anrlntr nafpnt clears 9 1 0 winter 1A 91 Vanuan meal Dull: yellow granulated 265: white $355365 for 10 Buckwheat irm new $3 for 100 Wheat Soot steady No 2 red Vmr VnrV ovnrxrt bill Steady No 2 Western $155 fob New York Corn Spot strong No 2 yellow and No 2 white $178 cost and freight X'ew York Oalr Spot weak No 1 white 81r irm No 1 $L80ft1 85 Hons irm: Pacific coast 1919 82ftt81c LN ll YNAPOLI8 CASH GRAIN The following bids were received yester day at the Indianapolis Board of Trade for grain In car Jots: irm: No 3 white No 3 vllow $155fl56: No 3 mixed $1536'154 S'oadv: No 2 white IS i y' i Hay irm Timothy: No 1 Nn 2 $26ft265(L Clover mixe Me ht mixed No 3 INSPECTIONS 2400 100 1200 1500 400 2900 800 200 2500 Baldwin Ixicn 361'00 bUU Stl (B) 30 300 4VO 600 i off 200 105 103 reports of a continued fair spot demand March sold off from 1736c to 1732c and September from 1730c to 1705c with' the market closing at a net loss of 4 to 7 points Closing blds: December 1729c January wamn a 17 nnfomhpr Spot coffee in fair demand Rio 7s 17 Santos 4s 26c Coat and freight offers were limited with no fresh offers from Santos Rio 7s were quoted at 16c American credits Official cables showed an advance of 50 THOMPSON COMPANY) 726 ILeal Estate Trust Bldg A'idlAdalpiila Professional Wall Street Trad ers Left Alone Many actors Keeping Others Out ourth 4s Victory Loan 3 Victory Loan 4s SALES com pfd Common medium good and choice Starker Good and choice common Receipts $1 5 2U 1 5 55 14 76i ccipta 2000: nutener azlv Sfm hlrrher ket for week: lambs 75c lower other tat sheep 25c to 50c lower feeders 75c higher: breeders dull and wrak 8T Mo Nov Hogs Re ceipts 5000 steady bulk 16200 1 565 heavy weight 1 SlOtfr' 1 550 medium weight $15251560: light weight $15 ftlfi60 light hchta 1 5 fi? 1 5 50 heavy packing sows jrmontb 1 3 ft 13 50 parkin? pcwj rough 1 1 2 1 3 ptgs 1450 Cf 1 550 Cattle Receipts 1400 no sales marke The company has already paid a 300 per cent stock dividend and expects to declare a per cent cash divi ueiiu on ucc lt lUl'i The earnings of the company are intended to bursed in the form of dividends We exnect tn to pay a 3 per cent per month dividend on the presmnt production and jncrenso same accordingly dividends to bo paid on the fifteenth of each month to all stock ot record on the 5th of the current month for week: Choice Meers 26c higher other grades steady to 50c lower veals $1 lower Receipts 600 no salon Steady for week CINCINNATI Nov Re celtts 4500: steady and unchanged Cat tle Receipts 400 steady and unchanged Calves steady unchanged Re ceipts steady and unchanged lAmbs toady unchanged PITTSBURGH Nov Cattle Steady: supply tight prime $142515 Sb ej ply light: prime weth ers $95010: culls and common lambs val calvs $1819 Ilog? Special to The Indianapolis Star CRW YORK Nov 8 The Indisposi tion of Wall street Jo do much in secur ity values under the prevailing uncer tainty of tho money situation and labor difficulties afforded the financial com munity another excellent opportunity during today's short sesriot? to sell again Thu share list in conse quence was very Irregular with the trading very professional Prices de clined rather sharply in some instances but there was no very pronounced liqui dation anywhere On the contrary Wall street seemed content to leave the market entirely in the hands of the trading fraternity until the situation has sufficiently cleared to permit a re sumption ot the upward movement or until there are definite indications that a further movement in the other direc tion Is warranted under the present cir i fi i week there were trbirih ctrind nut selling but there are fewer xirifb Cinlv Steel common wpAk onlv shares of Sinclair Oil changed hands After the of business Monday ederal Reserve Bank here an nounced an increase in its re discount rates explaining that there was cm denee that part of the funds released as the government paid off its war loans was being used in speculation in stead of to pay off bank Ioans No fig ures were mentioned but everybody knew what the governor of the federal Reserve Bank here had in mind The legal reserves of the ederal 21 43 64 14 133 4 5 4 5 93 93 9 3 9 3 92 92 itoDCCE IN ornrm ciTir? CINCINNATI Nov Crrnm ry C36(6S'c: fancy dairy narking stocks 43c poultry 2ft39c roosterH 16c duekw white 26 Id 30c: geet 202oa tur keys 2 32c rulneaji young dozen 5h gathered extra firms 61c Pruts 63c ordinary firnts flic seconds 51c LAAYKTTK ind Nov I'ackerB buying prices: Butter 3 7c sh 55c Poultry Old cock' lie hens 14ft1 29r spring chickens 18200 old torn tur keys 20c hr turkeys 23c ducks 12c: geese 19c fancy stock worth more LOUISVILLE Ky Nov 8 Poultry liens and large springers 19c smrtJE turkeys 28c ducks 22c hens 22c ronsters 13c guineas $8 a doxm Putter ranking stock 42o creamery 68c Candled 5Rc CHICAGO Nov 8 Higher 75 84 9 5 A aril xf mr 5 1X STUlSo Tel 'T ia TXff I i 7ij it' oa i Hallway 6s 86 79 1 So Rallwy gn 4s 6L 89 92 EARNINGS Tho earnings of the company should bo approximately J2000 to $3000 per day from its present production and tills earning should bo materially increased as more wells are brought in and development goes forward S1230 No 2 No 2 mixed 1 1 Unchanged No 2 white 7575c No 2 mixed CINCINNATI Nov 8 Corn No 1 white $159160: No 2 white $158 159 No 3 white $157ft)158 No 4 57: Nn 5 white $153155 $1610153 No 1 vellnw 8 1 fn 1 san common to medium i nnunns ci heifers 090 pounds 1950 butcher cows In avy $79 So goon to onmre veaia i $5ft)7 50 good to $8tf 11 banks as a whole were down to 47 roAeei TXT nl IA me lowest uu th ederal Reserve Bank here were down to 415 Tuesday the stock exchange was closed On Wednesday there was a break in industrial stocks followed by still lower prices when call money went to 20 That dav the turnover was 1 R03000 shares On Thursday morning before the opening it was learned by cable that the Bank of England lad raised its discount rate for the first lime since early in 1917 for the purpose of curtailing credit inflation anef specu lation That day call money here opened at 12 per cent the ing one exception last Jun since the after panic period of 190Smd afterward advanced to 20 per cent While some new high records were flubeauenUv made for some industrial specialties with the exception of dav the price movement was irregular Today liquidation in the stock market t'T 17 ft!) lUilv medium $45 common $50 65 Hog 1 steady to 50c higher best $15: I pounus vb3 tu I a aa TX si 31 iiwia i3c? KtniLdv: brst hrct $6 buck $4 down beet lambs $12 seconds j546 Calves Receipts 14 steady brst medium $7(11050 common $37 LAAimE Ind Nov Best heavy shipping steers pounds $11 CM2 common uT rs sov to nuivner ehoieA hiilln 140 to 160 pound hear Sheep Choice fat ewes mtnon to fain sheep $250ft 5 50 rhftle vnarllnr frf' 7 4(b Inmhii common fair lambs bucks $8 down Hors 200 pounds and upward 11490 ISO to 200 pounds $14 160 LHi pounds $1470 140 Io 160 pounds 81415 jOO to 140 pounds $12 015 roughs I $1350 NEW YORK Nov 8 Receipts 50 nu trailing Calves Receipts 360 Steady veals $1622: culls $1214 Westerns 13 Sheep ami Receipts 3R60: steady: sheer $750ft3 culls $4: Iambs $1365(f214 no rhoice offered Hogs Receipts 2120 nft trading Ileal i rep too iling Safes in ive Sizes rom 20x30 to 40x60 inside These safes can be equipped with any steel filing system A com plete line of office furniture and equipment Aetna Cabinet Company IHaplny Rooms 3'4 1 823 MaryLaad tit Indlannpoliii 3300 5000 Wilson A Co 500 Worth Pump 40u rs arp Iam nff snecial prime can sfir a dozen (Indianapolis run of stock) springs 2 pounds and under r' (IUCK5 turkevs general run voun ns 30c: culls not wanted old turkeys receipts mt Chcrsft (wholnsal selling prices) Brick Wisconsin 37C Wisconsin full cream Sr QVTt New York Cull cream 37c: limburecr 37c longhorns 36c Butter (local produce Jobbers nro pay Inp jg 40c a pound fnr narking stock huttrir: creamery prints wholesale prices CSc creamery tubs 57c 104 104 104 ItU 18 1S 18 125 125 124 20 20 20 58 58 58 76 76 76 It I Bv 7' i i ir THIRTY OUR to Bfi tala BB Mfl dfAWMg A I 17 A Ea rvcA Ave LwWgnjT It 1 Oil ll II idelityTrust A' Jr tHlE! £2 Ksi 0 OW 1 I 1 ggyMi 74 73 74 74 3475 3455 3455 3500 2655 2645 2645 2660 2495 2470 2477 1875 1850 1850 1875 1880 1855 1855 1877 Bid Ask Bid Ask 35 36 35 36 1520 1550 1520 1550 470 500 470 500 95 98 95 98 305 315 305 SIS 106 112 106 112 575 600 575 ftOD 1 0 11 10 11 35 37 35 37 170 190 170 190 8 9 8 9 159 162 159 162 110 115 110 115 93 90 93 96 185 188 185 188 96 99 96 99 25 26 25 2f 1 2 1 2 167 169 167 169 3 4 36 34 36 178 383 178 183 105 no 105 no 380 385 380 385 80 82 80 82 715 730 715 730 294 298 204 298 7 7 7 7 375 400 375 400 168 172 168 172 347 352 347 352 99' 101 S3 101 238 203 298 303 765 775 765 775 590 600 590 fOO 495 510 495 510 530 550 530 550 720 725 720 725 435 440 435 440 520 540 520 540 120 130 120 130 130 133 130 133 4 10 450 HO 450 40 45 40 45 107 107 107 80 80 80 80 78 78 78 76 pnij 30 1 2 1 1 2 56 56 56 56 34 33 33 83 S2 R2' 82 103 103 103 102 6 7 13 17 60 80 3 11 1R 1 1 17 21 3 4 15 17 9 11 43 44 It 11 25 26 150 160 140 150 94 96 8 9 58 60 53 53 287 292 287 292 97 99 97' 99 47 49 47 49 13 14 13 14 13 13 13 13 32 32 32 13 460 480 460 480 94 100 94 100 92 96 92 96 59 fO 59 f0 65 75 65 75 25 27 23 27.