Indianapolis Times, Volume 34, Number 143, Indianapolis, Marion County, 26 October 1921 — Page 10

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ACTIVE MARKET DUE TO GENERAL TRADE OUTLOOK Rail Strike, Deferred Indemnity Payments and U. S. Steel News Help. OILS AGAIN FEATURE Ipecial to Indiana Daily Times ind Philadelphia Public Ledger. By MONITOR. NEW YORK, Oct. 20. —The stock market showed more activity and strength than it has displayed for several weeks. Although there was th£, usual disposition to ascribe the improvement in tone to short covering, this view hardly takes Into consideration the increasing optimism on the general situation, which is always the basis for public interest in the market. The better outlook for the settlement of the railroad strike, although it was not reflected in any noticeable increase in buying of the rails, nevertheless has been an influence in creating cheerfulness on the business outlook. Two of the most constructive items of news were not made public until just before and after the close. The first of these was the announcement that the reparations commission and the guaranty commission had decided to defer further German indemnity payments until February, where these were due in gold marks. This not only should have an effect on relieving the European strain, but the spirit of leniency at this critical time should create a most favorable impression, particularly in view of the forthcoming disarmament conference. It will be interesting to note the effect of this step on German marks in the course of the next few days. The first effect should be a notable cessation of pressure resulting from the offering of marks. The other item was the relatively favorable report of the United States Steel Corporation, which showed net earnings of $18,918,000 compared with an expectation of about $13,000,000 The tendency Is toward recovery as the progressive gains from July to September inclusive show. In the session the oils again were outstanding features of strength, with Mexican Petroleum making a sharp overnight gain and Pacific Oil selling at another new high level. Central Leather advanced in the face of its poor quarterly statement. Sharp gains were made by some of the specialties including United Fruit, United Drug, Pullman, Burns Brothers, General Asphalt, both common and preferred, and several others.—Copyright, 1921, by Public Ledger Company. WALL STREET GOSSIP BY MONITOR. The Studebaker report fur the third quarter will be made public this week, and it is understood will make a very favorable showing. Sales of cars, it is said, were only 1.090 less than during the -end quarter, and earnings are expected •- be’ a trifle more than $5.50 a share. Pure Oil was one of ho strong features in the domestic oil group during trading. It is understood thi3 company is negotiating for the purchase of a substantial part of the Humphrey holdings In the new 2'exia field, Texas. It is understood so rue $7,000,000 is involved in the negotiation. It was reported from the floor that the buying of Atlantic Gulf and West Indies was < f an excellent quality, and in place of the rumors of fmaucial difficulties which wore prevai'ed several months ago. this buying is said to be based on an improved financial condition. Mexican Petroleum was the feature of the opening dealings when it soared above 109 on publication of the earnings statement. It was reported from the floor that most of the buying was for the account of shorts. The statement of the Central Leather Company showed a siigl tly smaller deficit than preliminary estimates had forecast. There was excellent buying in the stock throughout the session. Houston Oil Com par... for the quarter ended Sept. 50 reports earnings alter operating expenses, but before '.epr< elation and depletion, of $305,258. This was morn favorable than was expected, inasmuch as during this period crude oil was selling at its lowest level. The shotv•ng was without material effect influctuafiona of the stock. In the last hjur there was extensive gelling of the rafis and equipments. This was due in part to operations by large professionals who did not like the recent rapid advance in the domestic olis and some of the specialties. This Felling may have been hastened by a statement of Charles Hayden, chairman of the Rock Island, who declared that It was Unfair for the interstate commerce commission to make the experiment of reducing rates to determine whether increased traffic might result, at the expense of the carriers. There was nothing in the statement directly bearish, but it served to attract the attention of traders of the unsatisfactory situation obtaining in this section of the market. Earnings of the United States Steel Corporation* for the third quarter were larger than preliminary estimates had led the Street to believe, but confirmed the earlier opinion that the interest charges and preferred di blends barely would be covered. The most significant feature of the display Is the constant increase in earnings for each month from July 2; th* progressive increase was commented on in important houses as possibly marking a permanent turn in the induytry. The regular dividends of 1% per cent on the preferred and 1% on the common stocks were declared. —Copyright, 1921, by Public Ledger Company. | In the Cotton Market NEW YORK, Oct. 2*s.—Firm cables appeared to be ignored at the opening of the cotton market today and first prices wei e 7 points lower to 3 points higher Apk’ii showed an adv jnce <f LS points. I art of the selling was attributed to a better weather report. At the end of the trst twenty mln'iites the list was about 11 points below the previous close. New York opening cotton prices: NovomlH>r offered. 19:15c; December. 19.40 c; Januarv, 19.05 c; February, 19.95 c; March, ’S.OO; April, IS.SBc; May, July, 18.00 c. The market was winker in the afteroon on selling from tsveral sources. The close was weak at a net decline of 1 to 56 points. —Cotton Futures— Open. High. Low. Close. ' anuarY 19.08 19.08 18.58 18.58 'arch 15.99 18.95 18 40 15.40 lay 18.38 15.38 17.97 17.97 U ly 17.90 18.0*1 17.50 17.50 ' 'ecember 19.49 19.40 18.78 IS 78 COTTON REVIEW. NEW YORK, Oct. 20.—The advance to e ginning report, having encouraged hort cohering to a considerable extent, ft the market in a less favorable techieal position this morning and a general isposition to accept profits on long eonracts found a less urgent demand so hat values were easier today. There was nothing in the day's hews f censequence, other than the weekly reather report, which confirms the genri opinion that the picking season is e.<R neaijy completed, the week having een favorable for picking and gluing. An important element in shaping values for the immediate future is the railroad strike and this will tend to make the market highly irregular. The market may sag some further, but the spot situation is too strong to warrant the expectation of a material decline, LIVERPOOL, Oct. 26.—There was a better inquiry for spot cotton at the opening here today. Prices were firm and sales around 8,000 bales. American middling, fair, 15.26d: good middlings. 13.46d: full middlings, 13.01d: middlings. 12.61d: low middlings. 11.4td; good ordinary. lO.lld: ordinary, 9.30d. Trade in futures was quiet at the start.

N. Y. Stock Exchange —— ■■* (By Thomson & McKinnon.) —Oct. 26 Prev. High. Low. Close, close. Alied Chemical 47 40% 40% 47 Ajax Rubber.... 21% 20% 20% 21% Alils Chalmers. 35% 35% 33% 53% Am. Agricul 31% 31% 31% 31% Am. Beet Sugar 20% 20% 20% 20% i Am. Car & Fdy.130% 129% 129% 130% Am. Can 27% 27 27% 27 Am. II 4c L pfd. 52% 51% 52 52 Am Ice 04% 04% 04% 04% Am. In. Corp... 34 33% 33% 33% Am. Linseed... 24 23% 23% 24% Am. Loco 92% 91% 91% 92% Am. S. & Ref.. 35% 37% 37% 37% Am. Sug. Ref... 53% 42% 42% 42% Am.S.Tob. C 0... 36% . 35% 30% 35% Am. S. Fdy. Am. Tel. & Te1..105% 108 108% 108% Am. Tobacco ..125 122% 122% 124% Am. W001en.... 76% 75% 75% 70% Ana. Min. C 0... 40% 40% 40% 40% Atchison 85% 85% 85% 85% At. G. & W. I. 31% 30% 30%" 30% [Baldwin L0c0... 90% 59% 89*4 S9 'B. & 0 30% 30% 30% 30% Beth. Steel (B). 54 53% 53% 53% California Pete. 43% 42 42% 42% Canadian Pac..111% 111% 111% 111% I Central Leather. 28% 27 28% 27% j Chandler Motors 44% 42% 43% 44 !C. & 0 54% 53% 53% I C., M. & St. P.. 23% 23 23% 23% C.,M.&St.P. pfd. 36% 30% 30% 36% I Chi. & North... 07 60 66 67 C., R. I. A- P... 32% 31% 31% 32% C..R.1.&P. 6% p. 66% 66 66 66% Chill Copper 11% 11% 11% 11% Chino Copper.. 25% 24% 25% 25% | Coca-Cola 38% 37 38% 36% ; Columbia Gas... 02% 02 02 02 i Columbia Graph. 4% 3% 4 4% ; Cons. Gas 90% 90% 90% 90% i Cosden Oil 34 33 33% 30% ' Corn Products.. 81% 80% 81% 81% ’ Crucible Steel.. 63% 62% 63% 62% Cuban Am. 5... 15% 13% 14 13% Cuban Cane 5... 7% 7% 7% 7% Del. A Lack.... 100% 100% 106% 106% Erie 12 11% 11% 11% Erie Ist pfd.... 17% 17% 17% 17% Earn. Players.. 64 63*4 63 % 03% Fisk Rub. Cos.. 10% 10 10% 10% Gen. Asphalt... 59% 58*4 58% 59% Gen. Cigars 58% 58% 58% 59 Gen. Electric . .130% 129% 130% 130% Geu. Motors ... 10 9% 10 10 Goodrich 33 31% 33 30% Gt. North, pfd.. 70 60% 69% 70 Gt. North. Ore.. 30% 30% 50% 30% Haskell Barker. 70% 08% 68% os% Houston 0re1... 79% 75% 77% 76 l Inspir. Copper.. 35% 35% 35% 30% Indiahoma 3% 3% 3% 3 Invine. Oil 12 10% 11% 10% Inter. Harvester 75% 76% 76% 7S Inter. Nickel 13% 13 13% 13% Inter. Paper 04% 55% 53% 54 Island Oil A Tr. 3*4 2% 2% 3% Kan. City 50... 25% 25% 23% 23% Kelly-Spg. Tire 42 41% 42 * 41% Kennecctt Cop.. 22% 21% 21% 22% Laeka. Steel.... 40% 4040 43 Lehigh Valley.. 51% 54 51 54% I.ee Tire 28% 28 28% 27% Loews Inc 13% 15% 13% 13% : Marine pfd 48% 47% 48% 47% [Maryland 0i1,... 23% 22% 23 23% 1 Mont-Ward 19% 18% 19 18% : Mex. Pete 107 105% 105% 196% Miami Copper.. 22% 22% 22% 22% Mid. States Oil. 13% 13*.. 13% 13% I Midvale Steel.. 23% 23% 23% 2.3% I Mo. Pne 19 18% 18% 19 ! Mo. Pac. pfd 41% 40V- 41 42 Nat. E. A Stamp 41 40% 40% ; National Lead.. 76 76 76 75% ! Nev. Con. Cop.. 12% 12% 12% 12% X. Y. Central... 71*.. 70% 70% 71% ! New Haven ....13% 1.3% 13% 1.3% Nor. A West 94% 94% 91% 81% North. Pac 72% 71 71% 72*4 i Okla. P. A R.Co. 2% 2% 2% 2% j Pac. Oil 41i 3 43% 43% 44% ; Pan-Am. Petrol. 46 45% 45% 45% : Penn, lly 3*5 35% 35% 35% IV ' ;-U's Gas .. 53 52% 52% 53% ; Pierce Arrow . 16% 15% 15% 15% I*. Oil Cos 7 GT* 7 6% [ Pittsburgh Coal Go% 60% 69% 60% I I*. Steel Car ... 63% 62% 62% 60% iP. Pal. Car. ... 99% 99% 99% 100 ! Pure Oil 55% 55 ' 33% 32% Beading 69% 68% <\S% 69 i Rep. I. AS. ... 48% 47% 47% 48% i Replogle Steel . 22% 22% 22% 21*3 ! It. D. of N. Y,. 46% 45% 46% 41% II Scars Roebuck . 69% 68% 68% 65% j Sinclair 22% 21% 22% 21% | So. Pacific 77% 76% 76% 77% Southern R.v... 19 18% 18% 18% St. L. A S.W.Rv 21% 21% 21% 21% ! Stand..O. X. J. .150% loOVi 150% I St.L. A S.F.coin 22 21% 21% 22 Strom. Carb.... 32 .31% .32 32% studebaker ....71% 75% 74*4 7i% Tex. Coal A Oil. 25% 25 25 25% J Texas Cos 41% 40% 41 41*4 Texas A Pac... 21% 21 21% 21% Tobacco Prod., 65 63% 63*4 65% Trans. 0i1...... 8% 8% 8% 8% Union Oil 23% 20% 23% 20% Union Pacifi ..119% 11K% 118% 119% Untd. Ret. . ts. 5.3% 51% 51% 53% U. S. Food Plf-d. 14% 12% 13% 13% United Fruit C 0.114 113 11.3 114 United Drug.... 64 63% 63% 63% U. S. Ind. Alco. 47 45% 46% 46 U. S. Rubber.. 50% 49 49% 49 R. S. Steel 79% 78% 79 78*5 I'. S. Steel pfd.llo% 110% 110% 110 * Utah Copper 54% 53% 53% 34*4 Vanadium Steel. 31*4 30% 30',a 31 Wabash 7% 7% 7% i Wabash Ist pfd. 20% 19% 19% 20% iW. Maryland... 9 9 9 9% i Westing. Elec... 45% 45% 45% 45% ! White Motors.. 37 37 37 Willys-Overland 6 5% 5% 5% Worthing. 1’.... 41 40% 40% 40 Woolworth 120% 11S% 120 117% White Oil 13% 12% 13% 12% NEW YORK LIBERTY BONDS. —Oct. 26. Prev. High Low Close Close L. B. 3*4s 92.58 92.22 92.40 92.24 L. B. 2nd 4s ... 92.26 92.20 92.28 92.30 L. B. Ist 4*4s .. 93.40 93.10 93.30 93.14 L. B. 2nd 4% s .. 92.42 92.38 92.42 92.28 L. B. 3rd 4*4 s . 94.96 91.74 94.86 04.68 L. B. 4th 4%s .. 92.84 92.70 92.82 92.72 Victory 3%s 99.50 99.38 Victory 4%s 09.48 99.3S 99.44 99.38 CHICAGO STACKS. (By Thomson A McKinnon.) —Oct. 26Open. High. Low. Closo. Car. & Car. ... 43% 43% 43 43% Libby 8 Mont. Ward ..19 National L. ... 0% 6% 6% 6% Stewart War. .. 24% 24% 24% 24% Swift A Cos. .. 97% 97% 97% 97% Swift. In 23% 23% 23 23*% NEW YORK WOOL. NEW YORK, Oet. 26.-Wool values were steady on the market here today, with trade fair. Domestic fleece, XX Ohio, sold at 23®.35c per pound : domestic pulled, scoured basis, at lSfdo7r. and Texas domestic, scoured basis, at 40@75c. NEW YORK METAL MARKET, NEW YORK, Oct. 26.—Copper—Easy: spot, October and November offered, 12%. Lead—Easy: spot and October, 4.05® 4.70; November, 4.70f(f4.75c. Spelter —Easy; spot and October. 4.55®4.60c; November and December, 4.57%@02%c. NEW YORK HIDES. NEW YORK, Oct. 26.—Hides values j were firm and trade fair on the market i here today. X'ative steer hides sold at | 14%e per pound and branded steer hides ! at lie. | NEW YORK PETROLEUM. ! NEW YORK, Oct. 26.—Petroleum I prices were firm in trade on the mar- ; ket here today. Pennsylvania crude petroleum sold at $3.50 per barrel. NEW YORK PRODUCE. NEW YORK, Oct. 20.—Dressed poultry prices were steady on the market j here today. Prices were: Chickens. 20® • 38c; fowls, 19@3Sc; turkeys, 25@00c; uucks, 31c. | Prices of live poultry was barely I steady; chickens, 23®30c; fowls, 20®51c; ducks, 30®32c. Butter prices were firm; creamery extras, 4 7 */i® 49c; creamery firsts. 3S%® 47c; creamery high scoring, 48@30%c; tubs, 31® 46%c. Cheese was quiet and firm; whole milk specials, 22%®23c; whole milk, fancy, 21 Vi Hi 22c; Wisconsin, whole milk, fancy young Americas, 21®22e; skims, special, 14® 15c; skims, choice, ll®13c; skims, good, 8® 10c. Eggs were steady; nearby white, fancy, 95c; nearby brown, fancy, 66®70c; extras. 04® 65c; firsts, 55®5Sc. Milk sold at $3.37 per 100 pounds, delivered in New York City. TOLEDO SEED PRICES. TOLEDO, Oct. 20.—Cloverseed —Cnsn and October. $12.55; December, $12.50; January, $12.05; February, $12.75; Kerch, $12.50 asked. Alsike—Cash. $10.75; $10.75; December, $11.00; February, $11.25; March, $11.25. Timothy—l92o, cash, $2.75; 1921 cash and October, $2.85; December, $2.90. January, $2.95; February, : J bid' March $3.05 bid.

STOCK MARKET CLOSES WEAK Declines of 1 to 2 Points Occur in Late Trade. NEW YORK, Oct. 26.—The stock mari ket closed weak today. There were ! some mixed movements In the market in the last hour, but the general tone was weak, prices falling from 1 to 2 points from high levels. Mexican Petroleum yielded -to 105%, and Baldwin fell over 1 point to 80%. United States Steel held around 79. United Stores dropped to 51%. The railroad shares were heavy. Northern Pacific showing a loss of 1 point to 71%. Total sales of stocks were: 632,400 shares'; bonds, $10,434,000. (By Thomson A McKinnin.) —Oct. 26 We have had another demonstration today in the stock market that is worthy of special consideration. We have had an increasing demand for Industrials stocks under circumstances that Would ordinarily have prompted the public to hesitate. The news from Chicago In relation to the railroad strike is not at all encouraging. The opinion In local professional circles is that astrike will actually take place an dthis has prompted many of them to take the Belling side of the market for railroad shares. But at the same time, we have had an increasing demand for a great variety of industrial stocks and oil shares. At the opening, there was just a short period of uncertainty during which time there was considerable selling of til stocks, but prices did not give way to any great extent and the moderate decline that jjccurred proved to be an at-* traction for new buyers. The railroad list displayed a lagging tendency, which, under the circumstances, it not tit all surprising as in the event of a strike they will be leading sufferers by reason of decreased earnings and furthermore they will feel the depressing effect of reduced freight rates, which has already been announced on certain commodities and which is more than likely to be extended to others. But, so far as the rest of the market is concerned, the outlook is very promising. Sentiment is becoming more cheerful and more confident. We expect an increasing demand for stocks and a gradual but steady advance in values. twenty stock average. NEW YORK, Oct. 26— Twenty industrial stocks Tuesday averaged 72.22, up 41 per cent. Twenty active rails averaged 71.88, off .15 per cent. CLEARING HOUSE STATEMENT. NEW YORK. Oct. 26—Exchanges, $580,800,000; balances, $52,603,000; Federal Reserve Bank credit balances, $41,500,000. Money and Exchange Indianapolis bank clearings Wednesday were $2,359,000, against $2,337,00** for Wednesday of the week before. NEW YORK, Oct. 20.—The foreign exchange market opened strong today with demand sterling unchanged at $3 93%. Francs were unchanged at 7 33c for cables and 7.32 c for checks. Lire w >ro up 1 point at 396 c for cables and 3.95’ for chocks. Belgian francs yielded 3 centimes to 7.20 c for cables and to 7 19c for cheeks. Marks were 34.20; checks, 34.18 c. Sweden cables were 34.20; checks. 34.18 c. Sweden kronen cables were 23 25; checks, 23.20* Norway kronen cables were 13. H*”; checks. 13.05 c. Denmark kronen cables were 19.33 c; checks, 19.30 c. NEW YORK CALL MONEY. NEW YORK, Oct. 26.—Money—Call money ruled 6 per cent; high, 6 per cent: low, 5% per rent. Time rates steady, all s%'iVs%c. Time mercantile paper steady. Sterling exchange was steady, with business in bankers’ bills at $3.93% for demand. MOTOR SECURITIES. (By Thomson A McKinnon) Oct. 26 —ClosingBid. Ask. Briscoe 8% 9% I Packard com. 7. 5 5% Packard pfd 57% 58% Peerless 39 39% Continental Motors com 5% 5% j Continental Motors pfd 78 83 1 llupp com 92 97 llco Motor Car 18 ! Elgin Motors 4 4% Grant Motors IVi j Ford of Canada 250 237 j International Motor com 29 i .National Motors 2 5 [Federal Truck 11 14 Paige Motors 11 13 I Republic Truck 8% ACTIVE OIL STOCKS. (By Thomson A McKinnon.) —Oct. 26 —Opening— Bid. Ask. 1 Anglo-American Oil 16% 17% | Borne-Scrymser 349 369 i Buckeye I'ipe Line >*3 83 i Chesebrough Mfg. Cons 16* Is** Continental Oil. Colorado... 123 139 Cosden Oil and Gas 5% 19% l Crescent Pipe Line 27 29 < | Cumberland Pipe Line 125 135 ’ Elk Basin Pete 6% 6% ! Eureka Pipe Line 83 88 ! Galena-Signal Oil, pfd 85 99 • Galena-Signal Oil com 47 50 Illinois Pipe Line 167 179 Indiana Pipe Line 82 86 Merritt Oil 10% 11 Midwest Oil 2% 3% Midwest ltfg 155 163 National 'Transit 29 39 New York Transit 147 152 Northern Pipe Line 92 95 Ohio Oil 282 285 Oklahoma P. A R 4% 4% Penn.-Mex 25 39 I’rairie Oil and Gas 559 579 Prairie Pine Line 198 202 Sapulpa Refg 3% 4 Solar Refining 370 390 Southern Pipe Line 85 99 South Penn. Oil 223 239 Southwest Penn. Pipe Lines 55 60 Standard Oil Cos. of Ind 79% 79% Standard Oil Cos. of Kan 579 599 Standard Oil Cos. of Ivy 400 420 Standard Oil Cos. of Nel* 185 195 Standard Oil Cos. of N. Y 337 349 Standard Oil Cos. of 0hi0... 379 399 Swan A Finch 39 80 Vacuum Oil 282 288 Waashington Oil 25 30 NEW YORK CURB MARKET. (By Thomson A McKinnon.) —Closing— Bid. Ask. Acme Packing 85 90 Curtis Aero, com 10 16 Goldfield Con 5 7 Jumbo Extension 4 7 Imperial Oil (Del) 8 BVi International Petroleum .... 14% 14% Nipissing 5% 5% Standard Motors 4 4% Salt Creek 12% 13% Tonopah Extension 1% 1% Tonopah Mining 15-16 17-16 United P S new 1 3-16 1% I'. S. Light nnd Heat 1 5-16 1 7-16 IT. S Light and Heat pfd. .. 1% 1% Wriglit-Mnrtin 2 5 Yukon Gold Mine Cos 1% 1% Jerome 12 20 New Cornelia 14% 15 United Verde 26 27% Sequoyah '6 10 Omar Oil 95 96 Rep. Tire 12 25 NEW YORK SUGARS. NEW YORK. Oct. 26.—Raw sugar prices were steady on the market here today. Cnbas selling at 4.11 c per pound, duty paid, whole Porto Ricos were quoted at 4c per pound, delivered. Refined sugar was firm, fine granulated being quoted at 5.20®5.30c j*er pound, and No. 1 soft at 5.30 c. NEW YORK COFFEE. | NEW YORK, Oct. 26 Coffee values were steady on the market here today, i Opening options were 5 to 8 points higher. Rio No. 7, on spot, sold at 7% ®7%c per lb. NEW YORK RICE. NEW YORK, Oct. 26.—Rice prices were toady on the market here today, domestic selling at 3%®7%c per pound. NEW YORK TURPENTINE. NEW YORK, Oct. 20.—Turpentine sold at 78c per gallon in trada on the market here today.

INDIANA DAILY TIMES, WEDNESDAY, OCTOBER 26, 1921.

New York Bonds (By Fletcher American Cos.) FOREIGN GOVERNMENT BONDS. —Oct. 26Bid. Ask. Arg. (U.) 5s Sept. 1, ’43.... 66% 67 Belgian 6s, Jan. 1, ’25 95 95*4 Belgian 7%5, June 1, ’43 100% 101*4 Belgian Bs, Feb. 1. ’4l 100 100% Berne Bs, Nov. 1, ’45 104 195 Chile Bs, Feb. 1, ’4l 98% 99% Chinese (H. Ry.) ss, June, ’sl 46 47 Christiania Ss, Oct. 1, ’43 102 103% Copenhagen 5%5, July 1, ’44.. 81% 82 Danish Muu Bs, Feb. 1, ’46... 103 104 Denmark Bs, Oct. 15, ’45...103% 104 ♦Canadian 5%5, Dec. 1, ’22... 89% 91% ♦Canadian 5%5, Nov. 1, ’23... 88% 90 ♦Canadian o%s, Nov. 1, ’24... 87% 89% ♦Canadian ss, Dec. 1, ’25 85% 87% Canadian ss, Apr. 1, ’26 93% 94% ♦Canadian 5%5, Dec. 1, 27.... 88 $9% Canadian 5%5, Aug. 1, ’29... 94% 95% Canadian ss, Apr, 1, ’3l 92% 93 ♦Canadian ss, Oct. 1, ’3l 83% 85 ♦Canadian 5%5, Nov. 1, ’33.. 88% 89% ♦Canadian 5%5, Nov. 1, ’34.... 85% 87 Canadian ss, .Well. 1, ’37 89 89% •Canadian 5%5, Dec. 1, ’37... 89% . 91 French (V.) ss, Opt., ’31.... 56 53 •French 4s, Opt. ’43 46 48 ♦French (P.) 5s Issue ’20.. 65% 67% ♦French 6s, Opt. ’3l 66% 68 French Ss, Sept. 15, ’45 99% UK) ♦ltalian (\V.> 5s 29 30% Jap (First) 4%5, Feb. 13, ’25 84 % 84% Jan (S.) 4%5, July 10, ’2O. 84% 84% Jap 4s, Jan. 1, ’3l 68% 69% Norway Bs, Oct. 1, ’4O 104*% 105 Russian o%s, June IS, T 9.... 13 15 Russian 5%5, Dec. 1, ”21 11 14 • ‘Russian 5%5, Feb. 14, ’26.... 3 6 Bao Paulo Bs, Jan. 1. ’36... 97% 97% Swedish 6s, June 13. ’39 91% 01% Swiss 5%5, Aug. 1, "29 92% !3*/i Swiss Bs, July 1, ’4O 107% 108% U. lv. 5%5, Nov. K ’22 98% 98% U. K. 5%8, Aug. 1, ”29 1*2% 92% l*. K. 5%5, l-’eb. 1, ’37 89% 89% ♦IT. K. (V.) 4s, Issue T 9 293 308 *U. lv. (W. I>.) ss, Oet. 1, ’22. .39 * 4 *5 •U. K. (W. L.) ss. Feb. 1, ’29.382 394 Zurich Bs, Oct. 15, ’45 I*s 103% Brazil 8s 99 99%, French 7%s 93% 91% Uruguay 99% 99% Argentine 99% 99% ♦lnternal Loans. CORPORATION BONDS. Bid. Ask. Alum. Cos. of Ain. 7s. Nov. ’25 99% 99% Am. Cotton Oil 6s, Sept. 2, ’2l. 92% 93 Ainer. Tel 6s, Oct. ’22 99% 99% Am. Tel. 6s, Feb., ’2l 98% 99 Am. Thread 6s, Dee., ’2B 97% 98% Am. Tot). 7s. Nov., ”22 101 _ 101% Am. Tot). 7s, Nov.. ’23 I**l% 102 Anaconda 7s, Jan., ’29 99 92% Anaconda 7s, Jan, ”29 90% 97 Anglo-All). Oil 7%5, April, ’25.102% 102% Armour 7s, July 15, ’3O 1*8)% 160% At. Kef. 6*s*, March, ’3l 102% 103 Bell Tel. Can. 7s, April. ”25.... 97% 98Vi Beth. Steel 7s, July 15. ’22.... 100% 300% Betl*. Steel 7s. July 15, ”23.... 93% 99 Cm*. Pacific %s, March 2, ’2l. 98% 39% Cent. Arg. lly. Cs, I'eb.. ’27... 86% 86% R. 1. P. 6s, l'eb., ’22.... 99% 190% Con. Gas Ss, Dec., '2l 100’., 100% Copper Exp. Bs, Feb. 15, '22.100% 100% Copper Exp. Bs, Feb. 15, ’23.101 101% Copper Exp. Bs, l’eb. 15. 24.101% 101% Copper Exp. Bs, Feb. 15, ’25.1.92 102% Cudahy 7s. July 15, ’23 99% U)o_ Fed. Sugar 6s. Nov.. '21.... !*6% 96"Gooilrleh 7s, April, ’25 95% :*■•% Gulf Oil 6s, July, '23 99% 1*9% Gulf Oil 7s. Feb., ’33 101 101% Hocking Valley 6s, Mar. h ,’24 95% 96% Humble Oil 7s. March 15. ’23. 98% 99 lvenn. Copper 7s. Feb., '50.... 97% 98 Laclede Gas 7s, Jan., ’2“.) 93 93% l.ig. A- Myth 6s, Dec., '2l 109% 100% Proctor A G. 7s, March, '22....100% 101 Proctor A G. 7s, Mureh, '23....101 101% Pub. S->r. N. J. 7s, March, ’22. 97% 9“T i; j. Reynolds 6.*. Arg.. '22 .160 ; 11>% Sears-Roebuck 7s, Oct. 15, ”22 99% 100 Sears-Roe’iuck 7s, Oct. 13, '23 98% 99 Sinclair 7%5, May 15. '25. 93% 9554 Solva.v A Cie Ss, net.. ’27 100% 100% Southern Itv. 6s. March. '22... I*9 99% S. W. Bell Tel. Ts, April, ”25 . 99 99% Stand.O. Cal.) 7s. Jan.. '31..101% 105 Stan(l.O.(N.Y '7s, Jan.. ’25-’31.102% 107% St. Paul V 1* 5%5, Dec. 15, '23 95% 98% Swift 7s. (fi t. 15, ’25 99% 100% 'lexas ( o. 7s, March 1, ’23....10**% 101 I 'tali Sec. 6s. Sept. 15, '22... 9.7% 94 West. Electric 7s. April. '25..101 101% Westing-house 7s. May, '31....102% 1031a

Local Stock Exchange —Oct. 26STOCKS. Bid. Ask Ind. Ry. A Light com 60 Ind lly. A Light pfd 75 Indpls. A S. E. pfd 75 Indpis. & N. W. pfd 73 ind pis. St. By, 37 41 T. IT , I & L. pfd 60 T. H , I. A E. pfd 15 T. H, I. A K. com ... 5 U. T. of Ind. com 1 U. T. of Ind. Ist pfd 7 U. T. of Ind. 2d pfd 2 Advance-Rumley com 12*4 ••• Advance-Iluinley pfd 37 Am. Central Life Am. Creosotlng pfd 91% ioo Belt R. K. cqin 56 04 Belt R. R. pfd 43Vi 52 Century Bldg. C7<. pfd **' Citizens Gas Cos 22% ... Dodge Mfg. Cos. pfd 85 ... Home Brewing 54 ... Ind. Hotel com 00 Ind. Hotel pfd 9*’ Ind. Nat. Life Ins. Cos .3% ... Tnd. Title Guaranty Cos 50 and. Pipe Lines 80 88 Indpls. Abattoir pfd 4<* 56 Indpis. Gas 41 Indpls. Tel. Cos. com 2 ... Indpls. Tel. Cos. pfd 90 ... Mor. Pub. Util, pfd 42 52 Nat. Motor Car Cos 34% Pub. Sav. Ins. Cos 4*4 ... Ilauh Fertiliser pfd 40 Stand. Oil of Indiana . 79 81 Sterling Fire Ins. Cos 6% 7% Van Camp Hdw. pfd 94 101 Van Camp Prod, Ist pfd 101 Van Camp l’rod. 2d pfd 101 Vandalia Coal Cos. com 5 Vandalia Coal Cos. pfd 5 10 Wabash Ry. coin Wabash Ry. pfd 20 23 BONDS. Broad Ripple 5s 50 Citizens St. R.v. 5s 71 Indian Creek Coal A Mine. ... 100 Ind. Coke A Gas 6s 00 Indpls., C. A South. 55.... 90 Indpls. A Martinsville 55... RO ... Indpls. Northern 5s 38 43 Indpls. A N. W. 5s 50 ... Indpls. A S. B. 5s 45 Indpls. S. A S. E. 5s 75 Indpls. St. R.v. 4s 47 53 Indpls. T. A T. 5s Ind Coke and Gas fts 02 T. H„ I. A E. 5s *8 TV T. of Ind. 6s 4.8 Citizens Gas Cos. 5s 75 82 Indpls. Gas 3s 72% 80 Kokomo, M. A W. 5s 7) Ind. Hotel Cos. 2d 69 93 ... Indpls. Light A Heat 05.... 76 SI Indpls. Water Cos. 4%s 67 71 Indpls. Water Cos. 5s 90 92 Mer. 11. & L. 5s 90 New Tel. Ist 6s 91 New Tel L. D 5s 93% ... Sou. Ind. Power 5s 89% LIBERTY BUNDS. Liberty, first 4%*? 92.32 92.52 Liberty, first 4%s 93.00 93.20 Liberty, second 4%s 92'10 92.36 Liberty, third 4%8 94.68 94.88 Liberty, fourth 4%s 92.00 92.50 Victory 3%s 99.22 Victory 4%s 9t)\22 99.42 Sales — $2,000 Indianapolis Street Ry. 4s at.. 48 SI,OOO Indianapolis Water Cos. 5s at.. 90 BANK STOCKS. (By Newton Todd.* —Oct. 26Bid. Ask. Am. Hominy com. 10 Burdick Tire and Rubber ... 1 1% Central and Coast Oil 1 2% Choate Oil Corp 1 2 Columbian Fire Jus. Cos 6 7% Comet Auto 1% 2'% Continental Natl. Bank 11l 121 Dayton Rubber Units 62 70 Elgin Motor Car 3% 5 Federal Fin Cos. pfd 75 85 Fed. Fin. Cos. coin 120 128 Gt. Sou. I*. A R. Units .... 6'% 6% Rurst A Cos., pfd 42 62 Hurst A Cos., com 1 1% Indiana Trust Cos 175 j-oo Indiana National Bank 200 270 Indiana Rural Credits 49 62 Security Trust Cos 130 .... Metro. 5-She Stores com 9 12 Metro, 5-50 e Stores pfd 27 31 Revere Motors % % Rauch & Lang Units 45 53' Rub-Tcx Units 35 17 Merchants National Bank ...280 .... State Savings A Trust Cos. .. 89 93 Stevens-Duryea Units 42 50 U. S. Automotive Units !*'* 100 U. S. Mtg. Cos. Units 162 172 Wash. Bank A Trust C0....130 ....

GRAIN VALUES SUFFER LOSSES Heavy Primary Market Receipts Chief Mart Influence. CHICAGO, Oct. 26.—Grain prices dropped on the Chicago Board of Trade today following reports of heavy re- 1 ceipts at the primary maraets. The ex- ! port demand was light. Commission houses sold heavily. Provisions were irregular. December wheat gained %e at the opening to $1.08%, and closed down l%c. May wheat opened up %c at $1.14 and at tue close was off 2%c. December corn opened up %c at 4S%c and closed down %c. May corn opened 1 up %c at 54%c and closed off %e. December Oats opened unchanged at [ 34c and closed off %e. May oats opened unchanged at 3s'%c and closed off %c. (By Thomson A McKinnon) —Oct. 26Wheat—The seaboard reports 2'*° 000 ■to 309,01)0 bushels of wheat for export. • The amount is insignificant and further; than this it is believed to lie in small lots , for completion of cargoes and former j freight contracts. There has been no! good export demand for six weeks, the! milling demand has flattened out and the j investment demand is poor and decreas- j ing. The essence of the market lies in the complete absence of adequate demand for accumulations now in sight. Report- | ed re-sules by export interests, heavy de- j liveries on October contracts in Winni- ! peg, hedging of Canadian rye in this [ market, re-shipment to United States ports of Montreal parcels and financial troubles in the Southwest are each and all a direct reflection of the poor demand. Complaints of drought in the Southwest are increasing in number, but have not Increased the buying power in the market. Receipts at terminals are expected to run rather small, original Shippers withholding offerings pending the reduction in freight rates on Nov. 20. However. there is more than enough wheat at terminal markets at the present time to readily supply such demand as now exists. Without a considerable improvement in tiie demand from abroad, it is difficult to conceive why prices should advance. Corn nnd Oats—Domestic demand for corn and oats is, by no means, important. Export bids ou corn are said to* be 2% cents below the market. However, a :11a- i terinl failing off in the movement from j the country keeps cash markets rela- 1 lively firm. It is generally claimed that there has been 8 to 10 per cent damage to 1 corn by mold, borer, etc. At the same | time, tt is to be noted that the quality j and condition of new corn arriving at market is good. It is also to be noted I that despite the quality and condition it | is all sell ng at heavy discounts under! the December, this, of course, being result of Insufficient demand. The price of corn and cats is at a level where sales j are not warranted, at the same time, 1 there must be a change in the immediatesupply and demand situation before | ] pr res can maintain strength. I’rovislons -Cash trade in hog products ; is good anil holder are rather confident. ■ A s mu what better demand developed for ; hogs on the ea-rly decline In prices. De- • spite the cash trade, the movement of j hogs is sufficiently large to supply wants. !

CHICAGO grain table. —Oct. 26 WHEAT— Open. High. Low. Close. Dec l.t*% 1.09% 3.06% 107 May.... 11l 1.14% 1.11% 1.11% CORN— Dee 48% .48% .48 .48% Mav.... ,34*a .)4 % .33% .33% OA'l 8 - in- 3i .34% .33% May 38% .38% .38* 4 .58% LARD - 1 •< >ll 9.50 Jnu 8.93 9.1*0 B.l*o 8.90 KfBS— I •0et,... 5.50 ! ‘Jan 7.55 RYE— Jan 66 .86 .83 .83% May 89% .89% .87 .S7 •Nominal. CHICAGO CASH GRAIN. CHICAGO. Oet. 26 Wheat No .2 red, $3.18; No. 2 hard winter, $1.0*%. CornNo. 1 mixed 48® 4v%c; No. 2 übiite. Ivu. • 48%c; No Yellow, 48%<d.:t)c' No. '1 mixed. 47%ii)4sc; No. 4 white, 47'®'; No. 3 yellow, 47%c; No. 5 mixed, 40%e; new corn. No. 4 white t_ .nth'; cud No. 4 yellow, 4<*%®,43c. <>ats No. 2 white, 31 ®33%c; No. TOLEDO GRAIN PRICES. TOLEDO. Oct. 26.—Wheat—Cash and December, $1.2,; May, $1.30. Corn —Cash, 53%®54%c. Oats —Cash, 38®40c. Rye— Cash, 83c. Barley—Cash, 04e. PRIMARY MARKETS. (By Thomson A McKinnon.) Oet. 26Wheat. Corn. Oats. ) St. Joseph..., 34,000 14,900 [ Chicago 73,000 433,000 304.000! Milwaukee ... 15,000 9.0*0 27.00* ] Minneapolis.. 548,000' 10.000 53,000 j Duluth 362,000 22,000 4 0 0 St. Louis.... 119.009 103,000 52,000 i Toledo 1.000 3.000 2,000 i Detroit 7,18/0 s,<K>> 8,0001 Kansas l itv.. 219,90) 19,000 5,0001 Peoria ...... 4.0n0 72,000 86,000 Omaha 32,000 21,009 28,000 i Indianapolis... 17,009 35.000 32,090 J Totals 1,231,0**0 734.000 5.53,000 i Year ago... 13142,000 645,000 707, 1KK* j —Shipments— Wheat. Corn. Oats. St Joseph... 25,000 6,000 4,IKK) I Chicago 25.000 760.000 225.00(1 | Milwaukee ... 4.000 143,000 214.600 Minneapolis... 315,000 13,000 113,000 Duluth 113,000 272,0*K) St Louis 102,000 38,009 46,018) Toledo I.(KH) 2.000 2.000 Kansas City... 313.000 20.ikh> 9,000 Peoria 7,IKK* 68,000 47,01)0 Omaha 95,IKK* 62,000 24,000 Indianapolis... 4,000 11,000 44,000 Totals 1,034.000 1,025,000 1.030,000 Year ago.. 880,18*0 310,000 366,000 —Clearances - Wheat. Corn. Oats. New York... 908,000 Totals 068.000 Year ago... 403,000 INDIANAPOLIS CASH GRAIN. —Oct. 26Biils for car lots of grain and hay at the call of the Indianapolis Board of Trade ware: Wheat—Steady; No. 2 red, $1.25%@ A.26%. Corn —Easier: No. 2 white, 49®51c: No. 3 white, 48@50%c: No. 2 yellow, 49% ®sl%c; No. 3 yellow, 48% m 51c; No. 2 mixed, 50%®51e; No. 3 mixed, 49%@ 50 Vie. Oats—Easier: No. 2 white, 37@38c; No, 3 white, 351(131iv. llay—Steady; No. 1 timothy. sl7ii 17.50; No. 2 timothy. sl6 50®,17; No. 1 light clover mixed, $16®)16.50; No. 1 clover hay, sl6® 17. —lnspections Wheat—No. 1 red, 3 cars; No. 2 red, 1 ear; No. 3 red, 2 cars; sample, 3 cars; total, 9 cars. Corn —No. 1 white, 1 ear; No. 2 white, 1 ear; No. 3 white, 6 cars; No. 4 white, 2 ears; No. 1 yellow, 2 ears; No. 2 yellow, * cars; No. 3 yellow, 5 cars; No. 4 yellow, 4 cars; No. 2 mixed, 1 ear; No. 4 mixed, 5 ears; sample mixed, 1 ear; total. 30 ca-s. Oats —No. 2 white, 3 cars; No. 3 white, 11 cars; No. 4 white, 2 cars; total, 16 cars. ltye—No 2, 1 car; sample, 1 car; total, 2 cars. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying sl.lO for No. 1 red winter wheat; SI.OB for No. 2 red winter wheat and according to test for No. 3. Oats are quoted at 25c for No. 3 white or better. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered : Hay—Loose timothy, $17@18; mixed hay, $16®17; haled hay, $17@19. Oats—Bushel, new, per bushel 34@37c. Corn—Old, per bushel, 55®00c. CLEVELAND PRODUCE. CLEVELAND, Oet. 26.—Butter—Extra, in tubs, 51®51%c; prints, 52®)52%e; extra firsts. 50@50%c; firsts, 49@49%c; seconds, 4<>@4o%c; packing stock, 24@25c. Eggs—Fresh gathered, northern extras, 50c; extra firsts, 53c: Ohio firsts, new cases. 50c; old cases 49c; western firsts, ned eases. 46e. Poultry—Live, heavy fowls, 25@27c; light fowls, 17@18c; roosters, 15c: light spring, 17® 18c: live spring ducks, 25@27c; turkeys, 35@40c. Potatoes —Jersey, [email protected] per 359-11*. hag; sweets, [email protected] per barrel, $1.60 per hamper.

LIGHT SWINE HOLD FIRM Heavy and Mixed Hogs Lower —Cattle Higher. RANGE OF HOG PRICES'; Good Good Good Oct. Mixed. iteavv. Light. IS. $8.25 $8.25 $8.25 20. 8.00 8.00 8.00 21. 8.35 8.15® 8.25 8.35® 850 22. 8.49 8.35 8.50® 8.60 24. 8.25 8.25 8.25® 8.35 25. 7.90 7.65® 7.90 7.90® 8.00 26. 7.75 7.65® 7.75 S.OO Swine values were steady to 15 cents lower generally in trade on the local livestock exchange today, with receipts around 9,1)00 and shippers the principal buyers. Local packers, however, bought a fair number of swine, and, with both classes of buyers active, practically all of the hogs were sold during the early forenoon hours. Light swine generally brought SB, while mixed sold at $7.75 and heavy at the same price, with some extreme heavy swine at around $7.65. Pigs were in good demand and brought better prices than the loads, selling at $8 ®8.25 generally, while there were a few sales at $8.50. Boughs brought s6®7 and stags, ss®;7. The bulk of the sales for the day ranged at $7.75@8. There was a decided improvement to the tone of trade in cattle. Receipts were cioso to 600 fresh, with far more good cattle on the market than have been during any one day for the past month or so. The greater number of good cattle, which induced local packers to buy, together with light receipts in Chicago caused prices to advance generally 25 cents, while there were sales of cattle at advances of 50 cents. There were a few choice corn-fed heifers on the, market that brought $8.50, while a good number of good to choice steers sold at $N50®950, with one sale at $lO These prices, however, were not within the general market, the bulk of the steers selling at S6.SO®K, while the bulk of the steers sold at $5.50®7.50, There was a fair demand for bulls at steady to stronger prices and canners and cutters were generally strong to 25 cents higher. Calves were steady, with receipts around 409. There was a little better demand by shippers, while local concerns took’about there usual quota. There was an extreme top of sl3 on a few’ choice veals. Sheep and lambs were steady, with the demand fair and receipts light at between 350 and 400. HOGS. Best light hogs. 160 to 190 lbs. average .....' . 8.00 Over 300 IDs 7.65® 7.75 199 to 300 lbs 7 65® 8.03 Sows 6.00 '(1i 7.00 Best pigs, under 110 lbs B.oo® 8.25 Top 8.00 Bu/k of sales 7.75@ 8.00 CATTLE. Prime cornfed steers, 1.300 1,300 lbs 6.30® 7.50 Good to choice steers 1,200 to to 1,300 lbs 7.50@ 9.00 Good to choice steers, 1,100 to 3.209 ll.s 6.00® 7.00 Good to choice steers. 1,000 to 3.10,) lbs 5.50® C. 90 Common to medium steers 800 to 1,000 lbs 5.00® 5.50 —Heifers and Cows— Good to choice 6 50® 8.50 Medium heifers 5.00®) 6.50 Common t" medium heifers... 4.'41® 560. Good to choice cults 3 09® 4.25 Fair to medium cow s 2.00® 300 Cutters 1.75®, 2.75 Canners 75® 2.09 —Bulls— Good to ehlce butcher bulls. 4.00® 4.50 Bologna bulls 3.5*1® 490 Light bologna bulls 3.0l)(r( 3.50 Light to common bulls 2.50® 3.00 —Calves— Choice veals .$11.50® 12.50 Good vea’.s 9.50®: 10.-1* V, >,ili:m veals 7.50® 99) Lightweight veals 5.(K)® 6 S) Common heavyweight veals . 4.50® 5.0) —Stockers and feeders— Good to choice steers, under ’ 814) lbs 5 00® 6.60 Medium cows 2.on® 3.'K) Goods cows 3.00® 4.00 Good he 1 tiers 5.50® 7.0) Medium to goed heifers .... 4.00® 5.00! SHEEP AND LAMBS. Lucks 1.50® 2.00 Choice ewes and wether lambs 7.50® 8.-0 Seconds 0.50® 7.00 Buck lambs 5.00® 6.-J Culls 2.00® 3.00

Other Livestock I CHICAGO. Oct. 20.—Hogs—Receipts, j 19.01 K); market. KKn 150 lowest; bulk of sales, $7.15(/r 7.75: top, $8; heavies, $7..>55/ .7.80; mediums, $7.7.80; lights, $7.50(2 7.85; light lights. $?.50@8; heavy packing sows, smooth, StSSO(/i,7; packing sows, , rough. $610'i0.05; pigs. $7.73<2.8.25. Cattle—Receipts, 7,000; market, unevenly lower to sharply higher; calves, weak; ! lu-ef steers, choice and prime, $0.75(212.15; 1 medium and good, $0.35/2 10.50; good and ! choice, $0.75(212.25; common and medium, l $5(2 0.75; butcher cattle, heifers, $4(29.75; | cows, $3.75(20.75; bulls, $11.35(20.50; canj tiers and cutters, cows and heifers, $2.50 \ to 3.75; ca nner steers, $3.2512.4; veal calves, : $7.50(2 11.75; feeder steers, j stoeker steers, $1(2,7; Stocker cows and * heifers, $3.1520.25. Sheep and lambs—--1 lleccipts, 20.000; market, strout; to 25c ! higher; choice lambs, $>4j.9.40; cull and ; common lambs. $5.25(27.75; yearling ; wethers. $5.50fit7.75; good ewes, $3.25(0 1 83.50; cull and eotntnan eit*es, $1.75(0:3; breeding ewes, $3.50(20.50; feeder lambs, j s7(o S. CINCINNATI, Oct. 20—Hogs—Re- . '.its, 5.500: market, steady; all grades g od swine, $8; roughs, s•>.so; shags, $5.50. Cattle—Receipts, 000; market, steady to 25 cents higher; bulls, steady; calves,’sl2. Sheep atnl lambs—Receipts, 1,000; market. strong to 50 cents higher; ewes, sl@ 4; bucks, $2.50; choice iambs, $0; seconds, $0.50(2,7; culls,|s3.so<(3>‘. CLEVELAND, (let. 20.—Hogs—Receipts, 3.500; market, 15@25c higher; yorkers, [email protected]; mixed and medium. 88.25; pigs, $8.25(88.35; roughs. $0.75; stags, $1.75. Cattle—Receipts, 000; market steady; good to choice steers. $S@9; geotl to choice heifers, $0(28; good to choice cows, s4@s; good to choice liulls SS(2JO; fair to good cows, $2(23; common cow.;. $2(23; milkers, $35@75. Sheep and lambs—Receipts. 1,500; market, 25c higher; top, $0.35. Calves—Receipts, 300; market active; top, sl3. EAST ST. LOUIS, Oct. 20—Hogs— Receipts, 15,000; market, 5 to 10 cents lower; mixed end'butchers. $7.35(g7.50; good heavies, $7.'0((i7.50; roughs, $5(20.50. lights, *7.40(27.00; pigs, $7,055/8; bulk of sales, $7.45(0 7.00. Cattle—Receipts. 4,500; market, strong; native beef steers, $0(010; yearling steers and heifers, $9(20.25; cows, s3(l/4.75; storkers and feeders, $3(2 5.35; choice calves, $10.25(211; eanners and cutters, $2 (3.25. Sheep and lambs Receipts, 2,000; market, cents highermutton ewes, $5(24; lai..ns. $7.75<2'8.30; eanners and choppers, $1(22. EAST BUFFALO, Oct. 26—Hogs—Receipts, 2,800; market, slow; yorkers, $8.25 (28.35; pigs, $8.50; mixed, $5.10(28.35; heavies. SB(2 8.25; roughs, $6.50(26.73; stags, 81(2 5. Cattle—Receipts, 2,500; market, slow: shipping steers, $8(20.25; butcher grades, $7(28.59: heifers. $4.50@ 8; coves, $1.50(25.50; bulls, $3(25.50; feeders, $5(2 5.75; milk cows and springers, $405/135. Calves —Receipts. 100; market. slow; cull to choice, ss@l3. Sheep and lambs—Receipts, 2,400; market, active: choice lambs, $9(29.50: cull to fair, $0.5028.75; yearlings, $5(20.50; sheep, $1.50(25.50. PITTSBURGH, Oct. 20—Hogs—Receipts. 3,000; market 10c lower; prime heavies, [email protected]; mediums, $8.40(2 8.50; heavy yorkers, [email protected]; ligTit yorkers, $8.40(// 8.50; pigs, $8.5(1(28 80; roughs. $0(27: stags, $3(25; heav/ mixed, [email protected]. Cattle—Receipts, less than 109; market steady; choice. [email protected]; prime, $7.50(27.75; good. $0.00@7; tidy butchers, $0.50(27; fair, $5(20; coinmos, $4.50(25; common to good fat bulls, $3.50 (25: common to good fat rows. $1.50(25: heifers, $4.25(20.25; fresh rows and springers, $35(290; veal calves, sl3; heavy and thin calves, $4.50(28.50. Sheep and lambs—Receipts, 500; market steady; prime wethers, $4.75(2 5; good mixed, $4.25(24.00: fair mixed, $3.23(24: culls and common, $1(2,2; choice lambs, $9.25. TANK WAGON PRICES. Indianapolis tank wagon prices for gasoliue today were: Red Crown, 19.6 c per gallon: Silver Flash, ‘_3 1-3 c: Keystone, 23%c. Perfection kerosene is selling 10 Vic.

Weather The following table shows the state of the weather in other cities at 7 a. m., Oct. 26, as observed by U. S. Weather Bureaus: Station Bar. Temp. Weather. Indianapolis, Ind.. 29.88 46 Clear Atlanta, Ga 29.96 60 Cloudy Amarillo, Tex 29.92 38 PtCldy Bismarck, N. D. ... 29.93 44 Rain Boston, Mass 30.34 34 Clear Chicago, 111 29.94 45 Clear Cincinnati, 0 30.00 40 Clear Cleveland, 0 30.18 •40 Cloudy Denver, Colo 29.86 38 Clear Dodge City, Kas. . 29.80 42 Clear Helena, Mont 29.86 32 Clear Jacksonville, Fla. .. 29.58 72 Rain i Kansas City, Mo. , 29.04 48 Clear Louisville, Ky. ... 29.90 52 Clear Little Rock, Ark. .. 29.76 64 Clear Los Angeles. Cal. . 30.06 52 Clear Mobile, Ala 29.82 66 Clear New Orleans, La. . 29.82 70 Clear New York, N. Y. ... 29.42 38 Clear Norfolk, Ya 30.20 53 Cloudy j Oklahoma City .... 29 86 46 Clear I Omaha, Neb 29.48 50 Cloudy 1 Philadelphia, Pa. .. 29.42 3S Clear j Pittsburgh, Pa. ... 30.22 42 Cloudy j Portland, Ore 29.00 4.8 Rain 1 Rapid City, S. D. .. 29.90 44 Cloudy Koceburg, Ore. ... 29.76 46 Cloudy Bnu Antonio, Tex. . 29.84 64 Clear San Francisco, Cal. 30.00 56 PtCldy ] St. Louis Mo. ... 29.76 58 Clear ; St. Paul, Minn. .. 29.78 46 Cloudy, Washington, D. C. . 30.33 40 Clear j WEATHER CONDITIONS. The tropical storm has now crossed the Florida Peninsula, accompanied h.v high winjls and heavy rain. The stor.u in the plains region has moved northeastward to lowa, and it is causing ra.n In the middle Mississippi and lower -Missouri valleys. A third disturbance is present in the far northwest. The field of high pressure over northeastern sections lias caused lower temperatures there, and colder weather al-o prevails over the eastern slopes of the Rockies and the middle plains districts. Elsewhere, except in small areas, the changes in temperature have not been important. p J. 11. ABMINGTON, Meteorologist, Weather Bureau. WHOLESALE FEED PRICES. Ton. Cwt. Acme Bran $->1.75 Acme Feed J-ir Acme Middlings -4 7- i.-j | Acme Dairy Feed I E-Z-Dairy Feed Acme 11. & M 28.-0 1.4;e.O.vk B. Chop 22.00 1.15 I Acme Stock Feed J'l- ! A cm* Kin 1 Feed 21— 5 L4O Cracked Corn 26.0(1 1.30 Acme Chick Feed 34.7a 3-80 ■ Acme Scratch 31.75 3.65 ! E-Z Scratch 29.25 150 Acme Dry Mash 38.75 2.00 Acme Hog Feed 33.50 1-0 Ground Barley 32.25 1.6j Ground Oats 27.75 14- ; Homliek, yellow 23.25 1.20 j Rolled Barley 34.75 1.8 ) I Alfalfa Mol 30.50 1.55 ■ Cottonseed Meal 48.0') 2.45 Liuseed Oil Meal 48.50 2.50 ; Tankage 52 50 2.7Meat Scrap .... 75.00 4.0d INDIANAPOLIS PRODUCE. j Butter—Local dealers are paring 43® ! 46c per lb for butter delivered in ludiI anap-lis. i Eggs—Loss off. 46-7480. Butter—Packing stock, 1971,20 c Poultry—Fowls. HHi : ! 23c; spring. ts, 171f24c; cocks, 10®llc: ! young hen turkeys, 8 lbs up, 32c: young j tom turkeys, 12 lbs up 32c; old tom | turkeys, 25® 27c; cull thin turkeys not; ’wanted: ducks. 4 lbs and ui>. 18K/20c;! spring ducks, 3 lbs nnd up. 2>o; gees,*,; !10 lbs and up, 32® 13c; rabbits, drawn, j per dozen. $3; squabs, 31 lbs to the 1 dozen, $4.50: young guineas, 2lb size, j i per dozen, $7 -<>. Butterfnt —Local d-alcrs are paying 43c per pound for a butterfat delivered in ; Indianapolis. CHICAGO PRODUCE. i CHICAGO, Oct. 26.—Butter—Receipts, ! 8,500 tubs: creamery extras, not quoted;; • xtra firsts, Fie; firsts, 36® 14c; packing j stork, 23% 24c. Eggs—Receipts, _ 3,51)0 ' eases; cuTent receipts, 46®48c; ordinary | firsts, 42®45c; firsts. 48®50c: extras, lchecks, 2-®2oc: dirties. 2' v -3'li'. ; Cheese—Twinq new, 20'-2U%e: daisies, , 21%®—%c; i.mng Americas. 20%'-21c; longhorns, 21%(((21%c; brick. L'P-21 %-. Live poultry—Turkeys, 25c; chickens, 15 j r-tntc; springs. 19c; roosters, lie: geese,, 23c; ducks, 26c. Potatoes —Receipts, at) I cars Wisconsin, Minnesota and Michigan Whites, $1.63(1* L'-O per 150-lh. bag: South Dakotas, $1.40® 1.79; Red Rivers, $1.05® ! 1.85. WHOLESALE BEEF PRICES. The following is today's wholesale pri* ?s for beef cuts ns sold by the Indianapolis markets of Swift & Cos: Ribs —No. 2,21 c: No. 3, 1-c. Chucks—No. 2. 10c; No. 3, Bc. Plates—No. 2. 9c: No. 3, 9c. Links—Xo. 2. 28c: No. 3,24 c. Rounds —No. 2. 15c; No. 3,12 c. Citizens Ticket at Anderson Illegal The Citizens ticket at Anderson may not be voted on legally In the election ! Nov. 8, according to a ruling by lb 8. Lcsh, attorney general. Mr. Losh held that the new party did not meet with the requirements of the law In Jl(at It did not file its list of camllilflres be- , tween sixty days and fifteen days before the election but filed them more than sixty days before the election. Howard Homan is the vandidate for mayor ot Anderson on the Citizens ticket. It Is said to be probable his support will go j to J. H. Mellett, Democratic candidate. Woman, Hit by Speed Car, Seriously Hurt Miss narvev nooker, 46-0 North Meri- j dian street, a stenographer for the State j board of health, was seriously injured late yesterday, when struck by a speeding automobile at Meridian and FiftyFourth streets. Motorcycle Policeman Webster was pursuing two speeding automobiles, racing north on Meridian street and he says he was traveling fifty-four miles an hour but could not catch the two speeders. He was close enough to see one of the cars strike Miss Hooker. The injured woman. whose leg was broken anil who suffered other injuries, was removed to the Methodist Hospital. Her sister witnessed the accident. Elks Entertain at Theater Thursday A part)’ w * , l be g* vpn Ry tke local lodge j of Elks at the Murat Theater tomorrow night tc witness the opening performance ! of “Up in the Clouds.” Any money made j by the Elks through the theater party j will be devoted to charity. A vaudeville ! nnd musical program, followed by re- ! freshments anil d-ncing, will be given by 1 the Elks in Tomlinson Hall, for members of the lodge and their families, tonight. A special feature of the program will be a scries of interpretive dances by little Bernadiue McCarty, 7 years old.

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SEES REMEDY FOR DISTRESS OF FINANCE WORLD, Former British Chancellor Would Cancell Ail War Debts. IDLENESS CAUSES LOSS CHICAGO, Oct. 26.—Complete cancellation of all war debts between the nations is the only remedy for the world’s economic distres:, in the opinion of i Great Britain’s leading financier, the 1 Right Honorable Reginald McKenna, | formerly chancellor of the exchequer, i Speaking before 400 of Chicago’s finanj c-ial leaders at a meeting of the Com- ' mcroial Club last night, Mr. McKenna i said: | “If it were in my power at this mo- ; incut, I would cancel the war debts due ' the United Kingdom. I do not believe i the effort by Germany to pay her debt will be successful. In order to do so her I exports must be in excess of her imports I at the value of $650,000,000 a year, which is the amount of the reparations. “There are 2,000,000 unemployed in England. We lose more in a year through j the unemployment of these men than we j would gain in thirty years through the payment of the German reparations, j “The same is true in the United States. Ode of the uppermost causes of unemployment is the cheapness of labor La ; Germany.” GREAT BRITAIN WILL SETTLE U. S. DEBTS LONDON, Oct. 26—Although Great ! Britain may cancel the war debts owed I to her by the other allied powers she will make no move to w;pe from the j slate the debts owed to the United States, ' it was declared today by the Star. “We understand,” said the Star, “that I the pressure brought upon President Harding to insure early discussion of international exchanges and the general financial position of the world come* from New York bankers mainly. “Colonial Secretary Winston Churchill ; suggested three weeks ago that this question is as important as disarmament, but ! the British government is anxious not to appear to dictate to the United States ; r garding changes in the agenda for the , Washington conference.” A high treasury official declared the Government would be guided solely by public opinion in the matter of cancelling j debts owed to this country by the other | powers. ! “The bulk of public opinion Is opposed to Britain freeing her European allies from the debts incurred during the war,” said thU official. MONUMENT PLACE SKY PLANS HEADY Property Committee Before City Plan Body. Approval of the plan to Increase the height of buildings in Monument Ptae^ \ from eighty-six to 142 feet was put up to the city plan commission at its weekly meeting last night by a commiUee , representing property owners and business houses on the Circle. Announcement of intention of a certain firm to erect a twelve story building in the Circle several weeks ago and to get the ordinance limiting building height to eighty-six feet amended so as to permit it resulted in opposition from persons who claimed interest in the preservation of the beauty of the Soldiers’ and Sailors' monument. To meet this opposition O. F. Schmidt, lTarold Taylor and It. T. Byers, representing the Circle business men, prepared a lpngtliy memorandum an*l an ordinance carrying out their ideas. This was given to the city plan commission by Mr. Schmidt. The commission, stating that it is not sufficiently organized to consider the problem, took it under advisement. The present ordinance limiting the height to eighty-six feet, which is the height of the Columbia Club, was passed May 1, 1905. Indiana Library Association Meets MUXCIE. Ind.. Oet. 26.—The thirtieth annual three days' convention of the Indiana Library Association opened her® this morning. The morning ivas given over to business and a reception for tlia visitors was held in the afternoon. Dr. A. S. Root of Oberlin, Ohio, president of the American Library Association, addressed the first general meeting of th® convention at 3 o'clock and will speak again this evening. Tomorrow Miss Alice Hazeltin of Ft. Louis, an authority on child .reading, will be the principal speaker. The convention will center its attention this year on increasing the scope of the library's work among the children of Indiana. Remodel Montpelier { Race Track for 1923 Special to The Times. HARTFORD CITY, Ind Oct. 26—Th* race track of Montpelier, formerly one of the best in the State, is to be revived for next season. The track is being graded at present nnd stables for sixty horses will be built. H. L. Kelley and John Martz, Montpelier business men, have bought the ground and are financing the work. DOVE BRAND HAMS fA TASTE YOU CAN’T FORGET