Indianapolis Times, Volume 34, Number 148, Indianapolis, Marion County, 1 November 1921 — Page 10

10

PROFIT-TAKING BRINGS HEAVY MARKETSALES Unsettled Feeling and Unconfirmed Rumors Hit Mexican Petroleum. EARLY ADVANCES NOTED Special to Indiana Daily Times and Philadelphia Public Ledger. By .MONITOR. NEW YORK, Nov. I.—Reactionary Influence dominated yesterday's stock market after a session marked by irregularities and scattered instances of strength followed by a general recession. Profittaking wag largely responsible for the heavy tone of the general list, but there were a few examples of weakness which served to produce an unsettled feeling. In the ease of Mexican Petroleum heavyselling was prompted by several unconfirmed rumors, one to the effect that the objectionable export tax ou oil might be enforced and another having reference to the company’s production. Although no confirmation was forthcoming, this did not deter sellers from acting aggressively. Special weakness aiso was exhibited by both the common and preferred stocks of Wilson & Cos., and the Pierce-Arrow issues. In the early trading further advances were made by General Asphalt, Texas Company, Royal Dutch and a few of the specialities including Davidson Chemical. Among the equipment Baldwin Locomo- , tive was an outstanding feature. The market was quite unsettled in the late trading and the rise in call money did not help matters. The grave turn in the Irish controversy was not known in the market until after the close.—Copy- j right, 1921, by Fublic Ledger Company.! WALL STREET GOSSIP BT MONITOR. ' Continuation of the irregularity' which characterized Saturday's market was j evident in yesterday's transactions when certain specialties advanced to new high i figures for the present movement, and other stocks in which substantial ad-1 vances had occurred were subject to re-: alizing sales and bear pressure. David- ' son Chemical was a strong feature, making anew high for the present move- j ment. It was reported that the process which Davidson Chemical announced several, months ago as living peculiarly adapted 1 • o oil refining has been acquired by j Standard OH interests. It is impossible ; to confirm this report, but the stock a.l- | vanc-ed more than 5 points before the j general (reaction set in. From so-called inside sources reports ■ have emanated recently that Atlantic j Gulf and West Indies was in a difficult , position. Brokers report, however, that i recent purchases on a large scale have I been made for interests identified with; the company. The total world tonnage of tankers approximates 3.000.00) tons. Atlantic Gulf and West Indies owns 150.000 tons, and the Texas Company 150,000 tons. In shipping and oil circles a considerable shortage of this class of tonnage is expected next year. Shrewd observers are of the opinion that Atlantic Gulf is being accumulated in anticipation of favorable developments during 10-2.

American International was strong and there were plenty of buyers for such offerings as came to market during the weakness in other issues. The holdings of this company In New York Shipbuilding Company are very Inrce. and a considerable revival In shipbuilding is expected nest spring. This is one of the actuating motives for purchases at the present time, according to bouses which are active in the stock. Wilson & Cos. stock broke more than five points. The selling is said to have originated in Cincinnati. Th*re was no reason ascribed for this liquidation and the offering of a comparatively Fmall amount of stock found a thin market with the resultant sharp decline. There Is excellent reason to believe that the merger of the Royal Dutch and the T'nion Oil of Delaware will be announced within a few dayS. It is understood directors of th t’nion Oil Company will call a special meeting Wednesday" to act on the proposal. Thf Stndebaker statement made public yesterday showed net earnings for the quarter ended Sept. 30, after Federal taxes equal to $5.15 per share on the common stock. This compares with $8.83 per share in the second quarter and $3.31 per share in the first quarter, or a total of $13.49 for the first nine months of the year. The directors declared the regular dividends of $1.75 per share on both the common and preferred stocks. A sharp decline in Pierce-Arrow preferred was attributed to selling by professionals on reductions in prices announced by motor car manufacturers last week. Mexican Petroleum was under severe pressure from - the opening and just before the close sold at 00. as against a morning high of 107. It was rumored that a confidential report of a discouraging nature on the property was being wiraheld and this served to bring additional liquidation. Trading in this stock is confined to a very small group of hardened professionals. Call loans renewed at f* per cent, the opening rate for new accommodation. During the middle of the day, the rate receded to 3% per cent but returned to 0 per cent before the close. Bankers do not look for any materially lower rate for call funds in the immediate future. Despite reports that the Federal Reserve Bank is about to announce reduction in the rediscount rate.—Copyright, 1921, by Public Ledger Company.

In the Cotton Market

NEW YORK, Nor. 1. —Consigning the strength of cables, an advance of 2 to 9 points in prices here at tba opening of the cotton market today was a poor response. * There was considerable selling by commission houses. Wall street and. New Orleans. After the start a steady tone prevailed, althungh prices worked off 0 to 8 points from initial levels. New York opening cotton prices: December, 18.37 c: January, 18.32 c; March, 15.20 c: May, IT.SIe; July, 17.35 c: September, 16.05 c bid; October. 16.70 c bid. —Cotton Futures— Open. High. Low. Close. January 18.32 18 33 17 85 IS ‘>7 March 18.20 18.25 17N2 18.22 May 17.81 18.01 17.52 17 02 July 17.35 17.48 17.05 17.47 October 10.8!) le.St* 16.54 16 76 December 18.37 15.44 17.02 15.39 LIVERPOOL, Nov. I.—Business was fair at the op-ning of the cotton market here today. Prices were unchanged and sales around 8,600 bales. American middlings fair, 14.74d; good middlings, 12.94d; full middlings, 12.49d; middlings, 12.0'Jd : low middlings. 10.89 J; good ordinary, 9.59d; ordinary, t.S4d. Futures opened steady. CLEVELAND PRODUCE. CLEVELAND, Nor. I.—Butter—Extra, in tubs, 52% ft! 53c; prints, 53%©54c: extra firsts, 51%'<i32e: firsts, 50!A'dole ; seconds, 4Hr''l42c; packing stock, 27%c. Eggs—Fresh gathered northern extras, 57c; extra firsts, 36c; Ohio firsts, new cases, 53c; old cases, 52c: western firsts, new cases, 48c. Poultry—Live heavy fowls, 24®2Ce; light fowls, 15 (O. 18c; roosters. 15* ; light spring. 16@18c; live spring ducks. 23627 c: turkeys, 356 38c. Potatoes—Jersey, [email protected] per 150-lb. bag; Michigan Whites. s2.7sfti 2.90. Sweet potatoes—Jerseys, $2.75 per barrel; [email protected] per tamper. TANK WAGON PRICES, Indianapolis tank wagon prices for gasoline today were: Red Crown, 19.6 c per gallon; Silver Flash. 23!-3c: Keystone. 23%r. Perfection kerosene is selling at ll%e. NEW YORK WOOL, NEW YORK, Nov. I.—Wool values Were again steady in trade on the market here today. '

N. Y, Stock Exchange

(By Thomson & McKinnon.) —Nov. 1— Frev. x High. Low. Close. close. Allied Chem.... 48 43% 46 10 Ajax Rubbr .... 19% 19% 19% 20 I Allis-Chulincrs.. 33% 33% 33% 34 Am. Agricul 30% 30Vs 50% 30% Am. B. Sugar... 27% 27% 27% 27% Am. B Mag. Cos. 33% 33 33 33% Am. Car *k Fy.130 130 130 130 Am. Can 28% 28 28 28% Arn.H. k L.pfd. 52 52 52 51 Am. Ice 06% 05% 03% 00_ Aw. In. Corp... 30% 35 35% 35% Am. LinseeJ.... 23 23 23 23% Am. L0c0m0.... 91% 90% 90% 91% Am. S. 4c Kef.... 39 38% 35% 38 Am. Sug. Ref... 51% 53% .'-3% 53% Am. S. Tobacco.. 30% 33% 35% 35 Am, 8. Fdy 25% 25% 25% 25% Am. Tel & Te1..108% 108% 106% 108% Am. Tobacco. ...123% 124 125 121% Am. W001en.... 77% 70% 78% 77 Ana. Min. C 0... 42% 41% 42 41% Atchison 88 85% 80 <85% At. Gulf &W. I. 29% 25% 29% 29% Baldwin Loco.. 91 89% 90% 90 R. & U 37% 37 37% 30% Beth. Steel (B). 56% 55% 53% 50% Califor. Pete 45% 43% 44% 43% Can. l’ac. Ry... 113% 113 113’.. 113% Cent. Leather.. 29% 28% 29% 29 Chandler Mot... 43% 43. 43% 44% C. Ac (> 55% 55Vi 55% 55% C.. M. Ac St. 11..I 1 .. 23% 23% 23% 23% C.M. & St.P.pfd. 37 ■> 37% 37% 37% Chi. Ac X. W.... 87% 07'% 07% 87 C-, R. I. .8 1*.... 33% 32% 32\ i 32% Chili Copper 12% 12 12% 11% Chino Copper.. 25% 25% 25% 23% Coca Cola 40% 38 40 % 38% Colum. 'Gas 03% 62% 03% 02% Colum. Graph... 3% 3% 3% 3% Consol. Gas 91% 91 91 91% Cent. Can 4040 40_ 40% Cosden Oil 7 32% 32 32% 32% Corn Prods,... 54% 71% 74_ 81% Crucible Steel... 67% 83% 821% 84% Cub. Am. Sugar. 14% 14% 11% 14 cut. C. Sugar... 8% 74c 7% 7% Dei. & 1ack....106% ICO 108% 100% Erie 12% 12% 12% 12% Erie Ist pfd.... IS IS 18 IS Famous Players 81% 821 63% 81% Fisk Rubber Cos. 11 10% 10% 11 General Asphalt 6334 01% 03% 6134 .General Cigars. 55% 58% 58% 58% General Electrie.l32 131% 132 131% General Motors. 10% 93s 10 934 Goodrich 32% 30% 31% 31% Gt. North, pfd.. 72% 71% 72% 72% Gt. North. Ore. 311: 31 3t% 31% Houston 0i1.... 78% 70% 77% 76 llaskell-Baeker. 71% 70 713% 70% Inspi r. Copper.. 38 35 30 36% luvinc. Oil 10% 1034 10% 11 Inter. Harvester 78% 77% 7734 78% luter. Nickel... 133s Ki% 13% 13 s Inter. Paper 54% 53% 54 53% island Oil V Tr. 33s 3 334 334 Kan. City 50... 21% 2434 24% 243a Kelly-Spg. Tire 40% 4040% 4;>% Keuuecott Cop.. 233* 22% 23 22% laicka Steel 42 41 41 433* Lehigh Valley.. 5134 543 4 5134 543* Lee Tire 27 27 27 273s l.oews Inc 14% 1134 14% 14% Loft Candy 9 * 9 9 9'% 1,. Ac N. 100 106 100 .... Marine pfd 493* 49 49 49 Maryland 0i1... 25% 25% 2534 25 Mex. Pete 102% 98% 102 _ 99% Miami Copper ... 22% 22% 22% 233a Mid. S. Oil 11% 13% 14 14 Midwalve Steel. 25% 24 24 25% Mis. Pae .18% 18% 18% 18% Mis. Pae. pfd. .. 42% 42% 423a 43% Xev. Copper 1"% 12% 12% 12% X. Y. Central... 72% 72 72 <l% New Haven .... 13% 13% 13% 13% Nor. Pac 74% 73% 74% i5-* X. .8 W 95% 95% 9.1% 90 Okla. P Ac It 32% 33 Pae. Oil 4834 44 % 4034 40% Pun-Am. Pet.... 48% 44% 45% 4> Penn. Ry 35% 3534 35% 303* People's Gas .. 50% 55% 55% 55 Pierce Arrow . 143* 13% 14% 11% Pierce Oil Cos. . 7 0% 6% 7 Pull. Pal. Car ~100% 99% 109 19% Pure Oil 35% 34% 3534 34% Reading 70% 69% 70 60% R. 1. Ac Steel . 50% 49% 59 !■!: It. I>. of X. Y. . 49% 48% 49% 48 Sears Roebuck . 07% 07% 67% 07% Sinclair 23% 22% 22% 253s Southern Pac. . 79% 7-s'a 78% 7834 Southern Ry. . 19% 19% 19% 19%

St. L. Ac S. R.. 23 22% 23 Stand. Oil. X. .1.152% r,i 15234 151 St. L. Ac S. F. C. 22% 22% 22% 22% Strom. Caro. . 3*>% 3034 ■‘■O'* 31 Studehpker 75.', 74 74% 74% Tex. Coal & Oil. 20’, 25% 20 25% Texas Cos .... 43% 42% 4334 42% Texas Ac Pacific 23% 23 23 2334 Tobacco Prod.. 01 % 59% 6 : ‘% 0134 Trans. Oil 9% .9 9% 934 Union Oil 22-j 21 21% 2- , Ininn Pacific... J 21% 12**% 12024 129% I'ntd. Ret. Strs. 51% 50 00% 51% C. &. Food Prod. 11% 9% 10% 11% United Fruit C0.113’- 113 113% 113 United Drug.... 62% 62 62 633* F.S. Indus. Alco. 40% 42% 43% 40% I'. S. Rubber... 49 48% 48% 48% r S Steel M>% So-% 80% 80% IT. S. Steel pfd..109% 109% 109% Utah Copper,... 55% 54% 55% 55 Van. Steel 32% 32 32’,* 3234 Wabash Ist pfd.. 21 20% 21 2<Wr W. Maryland ... 9 9 9 8% Westing. Elec... 45% 4534 4534 45% White Motors... 35’-. 3534 3-% 71-‘j Willys-Overland 6 5% C 0 Wilson & C 0.... 32 32 32 32 White Oil 13% 13 13 13* West. Pac ..... ..... 2’ •Ex-dividend. NEW YORK LIBERTY BONDS. —Nov. I. Prev. High Low Close Close L. B. 3%s 92.08 92.50 92.53 92.00 1.. P-. 2nd 4s 92.80 92.76 92.78 92.70 L. B. Ist 4’is .. 93.28 93.12 93.04 93.10 L. B. 2nd 4%s .. 92.5i 92.74 92.80 92.70 L. It. 3rd 4% s ..93.24 95.12 95.*. 95.14 L. B. 4th 4%s .. 93.10 93.02 93.08 93 02 Victory 99.58 99.56 99.00 1*9.60 Victory 4%s 99.00 99.50 99.58 99.00 CHICAGO STOCKS. (By Thomson & McKinnon.) Open nigh Low Close Armour Leather 12% Car'bn & Carb.. 44 44 43% 43% Cudahy Cos 51 Libby 834 $% 8% $% Nat. Leather.... 7 7 *'•■% 6% Stewart-Warner 23% 23% 23% 23% Swift kCo 99% 99% 99% 99% Swift Int 24% 24% 24% 24’% NEW YORK CURB MARKET. (By Thomson Ac McKinnon) —Nov. 1— —ClosingBid. Ask. Acme Packing 85 90 Curtis Aero, com 1% 2 Curtis Aero, pfd 10 , 10 First National Copper 5 7 Jumbo Extension 4 7 Imperial Oil (Del) 4 7 International Petrolum 15 1534 Xipissing 5 53* Standard Motors 4 4% Sait Creek 13 13% Tonopah Extension 1% 1% Tonopah Mining 134 1% I nited P S new 1 5-16 1% I*. S. Light and Heat 15-10 17-10 C. S. Light and Heat pfd.... I’% 1% Wright-Martin 2 5 Yukon Qoid Mine Cos 134 1% Jerome 12 20 New Cornelia 14 15 United Verde 20 27% Sequoyah 6 10 * Omar Oil 1 1 1-1 C Rep. Tire 15 25

Local Curb Market

(By Newton Todd) —Nov. 1— Am. Iloniiney com 11 16 Burdick Tire & Rubber 1 1% Central A Coast Oil 1 2 Choate Oil Corp % 1% Columbian Fire Ins, C 0....... 6 7% Comet Anto • 1% 2% Dayton Rubber Fnits .. 62 70 Elgin Motor Car 3% 5 Federal Fin. Cos. pfd: 75 85 Fed. Fin. Cos. com 120 128 Gt. So. P. & R T'nits 5% 6% Hurst & Cos., pfd 42 62 Hurst & Cos. com 1 1% Indiana Rural Credits 49 62 Metro. 5-10 c Stares c0m...... 9 12 Metro. 5-50 e Stores pfd^_..... 27 3* Jtevere Motors % % Itauch &' Lang Units ... 45 53 Rub-Tex Units J 5 17% Stevcns-Duryea Units , 42 50D S. Automotive Units 86 66 U. S. Mtg. Cos. Units 188 168 BANK STOCKS. Commercial Natl. Bank H 31 Continental Natl. Bank JlO 118 Indiana Trust Cos ITS 100 Indiana Natl. Bank 260 270 Merchants Natl. Bank 280 Security Trust Cos 130 State Savings & Trust 89 93 Was#. Bank & Trait C 0.... 150

STOCK MARKET CLOSES STEADY Prices Constantly Shift Up and Down in Final Hour. NEW YORK. Nov. I.—The gtock market eleS&d steady today, most of the leading issues working higher, although there was a constant shifting up and down. / Mexican Petroleum, after moving up to 102%, foil to 102. • I'nited States Steel held around 80% and Baldwin, after dropping to 89%, rallied to 90%. The American oil shares were in demand, Pacific Oil advancing 2 points to 46. Coot- Coia rose 2 points to 49%. I'nited State Industrial Alcohol continued weak, showing a loss of about 4 points to 43%. The railroad shares were fractionally above the low. Corn Products continued in demand around S4. Total sales of stocks were 624,000 stares; bonds, $12,6)0.8,003. (By Thomson Ac McKlunon) —Nov. 1— The stock market today was again irregular, with liquidation ou a fairly liberal scale and considerable pressure from the professional element. There was nothing in the news of the day to influence the market, except bore and there some items that could be construed in an unfavorable way. For illustration, from the Chicago district tilers was a report that iron and steel prices were weaker, though at the same time mill operations are reported ou a larger scale. A cut in the price of automobiles announced by the Chalmers company suggests that prices of motor cars are not yet on what might be called a stable basis and some selling of the rubber stocks suggested the likelihood of some further cut iu the price of tires, competition being keener iu this line. Retail Stores and Tobacco Products were both noticeably weak, but without any ac*companying explanation. The leading steel issues were tinder moderate pressure.TTut the price changes were not serious. During the day, copper shares again became active. It has been noticeable for some time that at frequent intervals a demand appears for these shares, hut evidently is not based on any developments that are now apparent, but rather on the theory shat the general tendency toward improvement in nil business will soon be manifest in that line. That business is gradually changing for better is well illustrated in the statement published by the American Hide and Leather Company, showing that for the quarter ended i-ept. 759 there was a profit of ovi r $209,099, pot withstanding a further deduction for depreciation of over $70,009. TWENTY STOCKS AVERAGE. NEW YORK, Nov. I.—Twenty industrial stocks Monday averaged 73.21, off .72 per cent. Twenty active mils averaged 72.58, off .24 per cent. CLEARING HOUSE STATEMENT. NEW YORK, Nov. I.—Exchanges. sl,103,800.000; balances. $99,300,000; Eerier; 1 Resc-ve Bank credit balances, SSO,9OU,wUr

M.ney and Exchange

Indianapolis bank clearings Tuesday were $3,581.9;(9, against $2,710,090 for Tuesday of the week before. NEW YORK, Nov. 1. —The foreign exchange market opened weak today. Demand sterling was %c lower at $3 92%. Francs were unchanged at 7.38 c for cables and 7.757 c for checks. I.ire cables werg 4.09 e; cheeks, 4.06 c. Belgian oat hs were 7.10 c; checks, 7.15 c. Marks were .0055 %c. Guilders cables were 8.30; checks, 8.38 c. Sweil ish kronen cables were 22.85 c; checks, 22.80 c. MOTOR SECURITIES. (By Thomson Ac McKinnon.) —Nor. 1— 1 —ClosingBid. Ask. Briscoe 9 19 Parknrd com 5 534 Packard pfd 5834 IBB* Peerless , 38% 39% Continental Motors com 5% 5% Continental Motors pfd 78 84 Hupp com 11’* 11% llupp pfd... 92 97 Reo Motor Car IS 18% Elgin Motors 3% 43'* Grant Motors 1% 2 Ford of Canada 27*3 258 International Motor com 29% National Motors 2 5 Federal Truck 11 13 1’ ige Motors 32 12% Republic Truck 7% ACTIVE OIL STOCKS. —Nov. 1— (By Thomson A McKinnon.) —OpeningBid. Ask. Anglo-American Oil 18% 18% Atlantic Lobos 1934 11 Itorne-Scry mser 325 350 Buckeye Pipe Bine 83 85 Cbesebroug.i Mfg. C0n5...... 166 105 Continental Oil, Colorado.... 129 125 Cosden Oil and Gas 5% 834 Crescent Pipe Bine 2S 30 Cumberland Pipe Bine 139 337 Elk Basin Pete 6% 0% Eureka Pipe Bine 85 89 Galena-Signal Oil, pfd 88 92 Galena-Signal Oil com 48 59 Illinois Pipe Line 182 166 Indiana Pipe Line 81 S3 Merritt Oil 11 11% Midwest Oil 155 165 Midwest Kfg 23 39 National Transit 145 119 New York Transit 92 94 Northern Pipe Line 275 289 Ohio Oil 434 434 l’enn.-Mex 24 27 Prairie Oil and Gas 559 500 Sapulpa ltefg 3% 4 Solar Refining 389 399 Southern Pipe Line 874 .87 South Penn. Oil 224 228 Southwest Penn. Pipe Lines 54 58 Standard Oil Cos. of Ind 79% 88 Standard Oil Cos. of Kan 570 599 Standard Oil Cos. of Ky 405 415 Standard Oil Cos. of Neb 179 389 Standard Oil Cos. of N. Y.... 834 7257 Standard Oil Cos. of 0hi0.... 380 390 Swan Ac Fiueh ’. 35 39 Union Tank Line 92 97 Vacuum Oil 28*A 285 Washington Oil 32 36

NEW YORK SUGARS. NEW YORK, Nov. I.—Raw sugar values were firm on the market here today, Cub;ts selling at 4.11 c per pound, duty, paid, and Porto Ricos at 4.06 c per pound, delireied. Refined sugars were firm, fine granulated selling at [email protected] per pound and No. 1 soft at 5.30 c per pound. NEW YORK COFFEE. NEW YORK, Nov. I.—Coffee values were steady on the market here today, opening options being 1 to 3 points higher. Rio No. 7, on spot, sold at S;s per pound. NEW YORK RICE. NEW YORK, Nov. I.—Trade in rice was active on the market today and prices were fully steady. Domestic rice sold at 3’,i©7%e per pound. NEW YORK METAL MARKETS. NEW YORK, Nov. 1. —Copper—Quiet; spot, November and December, offered, 12%e. Lead—Quiet: spot and November, offered, 4.00 c; December, offered, 4.62%e. Spelter—Quiet; spot. November, December and January, offered, 4.74 c. NEW YORK HIDES. NEW YORK, Nov. I.—Hide values ruled firm in trade on tlie market hpre today, native steer hides selling at 14% @lsc per pound, and branded steer hides at 14@14%c per pound. NEW YORK PETROLEUM. NEW YOKK, Nov. I.—With trade fair, petroleum prices ruled firm in trade on the market here today. Pennsylvania crude petroleum sold at $3.30 per barrel. NEW YORK TURPENTINE. NEW YORK, Nov. I.—Turpentine sold at 7S@79c per gallon on the market here today. Prices have been steadily advancing during the past month.

INDIANA DAILY TIMES, TUESDAY, NOVEMBER 1, **.

New York Bonds

(By Fletcher American Cos.) FOREIGN' GOVERNMENT BONDS. —Oct. 31*— 1 Arg. (Unlisted) ss, Sept. 1, ’45 81*% 71 Belgian Bs, Jail. 1, ’2o 943a tin Belgian 71,45, June 1, ’45.. .. .100% 10134 Belgian Bs, Feb. 1, ’4l 10034 100% Berne Ss, Nov. 1, ’45 194 105 Chile Bs. Feb. 1, ’4l 98% 0934 Chinese (H. R.) ss, June, ’sl 4834 47% Christiania Bs, Oct. 1, ’45....102 1 103 Copenhagen 5345, July 1, ’44.. Bi% 82 Danish Muu Bs, Feb. 1, ’40..103 104 Denmark Bs, Oct. 15, ’45 1033i 103% •Canadian 5%5, Dec. 1, ’22... 90% 913a •Canadian 5%5, Nov. 1, ’23.. 893* 903* •Canadian 5%5, Nov. 1, ’24.. 88% 89% •Cgnauian ss, Dec. 1, ’25 5034 87% Canadian ss, Apr. 1, ’2B 93% 94% •Canadian 5%5, Dec. 1, ’27 88% .-'% Canadian 5%5, Aug. 1, ’29 90% 9534 Canadian ss, Apri. 1, ’3l 9234 93% •Canadian Os, Oct. 1, ’3l 8434 85’% •Canadian 5%5, Nov. 1, ’33.. 8834 9034 •Canadian s’%s, Nov. 1, 34.... 88 8734 Canadian Os, Meh. 1, ’37 89’% 90 •Canadian 5345, Dec. 1, ’37.. 90 9134 ♦French (Viet.) ss, Opt., ’31.. 45’% 47% •French 4s, Opt., ’43 45 47 ♦French (Freni.) Os, Issue ’2O 05 67 •French Bs, Opt., ’3l 88 88 French Ss, Sept. 15, ’45 09% 100 •Italian (War) 5s 29 30’% Jap (Ist) 4345, Feb. 15, ’25 85 85% Jap (2nd) 4%5, July 10, ’25._. 85 85% Jap 4s, Jail. 1, ’3l 88’% 89’% Norway S.s, Oct. 1, ’4O 101% 105 -Russian 0345, June 18, T 9.... 12 15 Russian s’%s, Dec. 1, ’2l 11 14 Russian 6345, June IS, T 9 12 15 Sao Paulo Bs, Jan. 1, '3O 97% 98’% Swedish Bs, June 15, ’39 92% 9334 Swiss 5345, Aug. 1, ’29 93’% 91 * Swiss S.s, July 1, ’4O. 107% 10834 l\ Iv. s’%s, Nov. 1, ’22 99 9934 U. K. 5%5, Aug. 1. '29 93’% 93% U'. K. 031..5, Feb. 1, '37 90 90’% *C. K. (Vic.) 4s, Issue T 9 293 309 *l ! . K. (W. L.) ss, Oct. 1, ’22. .300 407 *U. K. (W. I*.) ss, Feb. 1, ’29 382 394 Zurich Bs, Oct. 15. ’45 105 106 Brazil Ss u'ji% yy% French 7’%s 04% 94% Aruguay 8s 98% 993* Argentine 7s py% •Internal Loans. CORPORATION BONDS. ~ Bid Ask Alum. Cos. of Amer. 7s Nov., ’25 99*% 9934 Ainer. Cot. Oil 8s Sept. 2, ’24 93 94 Amer. Tel. 6s Oct., '22 99% 100 ■Amer. Tel. 6s Feb., ’24 99 99% Amer. Thread Cs Dec., ’2B 98 98% Amer. Xob. 7s Nov., ’22 101 101% Arnett, Tob. 7s Nov., '23 101% 101% Anaconda 8s Jan., '29 92 % 92% Anaconda 7s Jan., ’29 97% 97’% Anglo-Ain. Oil 734s Apr., ’25 102% 102% Aruiour 7s July 15 ’3O 190% 100% Atlantic Ref. o%s Meh., 771 102% 1033* Beil Tel. of Can. 7s Apr.. ’25. 97% 98’** Beth. Steel 7s July 15, ’22 lHO’.s 100% Beth. Steel 7s July 15, ’23 99% 99** Can. Pac. 6s Meh. 2. ’2l 99 99’* Cent. Arg. Ry. 6s Feb., 27... 88% 87' C„ R. I. & I’., 6s Feb., ’22.. 99% 100 Con. Gas 8s Dee.. ’2l 100 100% Copper Exp. 8s Feb. 15. ’22... 100% 101% Copper Exp. 8s Feb. 15, ’23. .100 100% Copper Exp/8s Fell., ’24 10134 101% Copper Exp. 8s Feb. 15, ’25.. 102 102% Cudahy 7s July 15, ’23 99% 100% Fell. Sugar 6s Nov., ’24 96% 98% Goodrich 7s Apr., ’25 95% 95% Gulf Oil Cs July, ’27! 99% 99% Gulf Oil 7s Feb., ’23 100% 101% Hocking Valley 6s Meh., ’24.. lift Oil 1 -* Humble Gil 74 Meh. 15, ’23.. 98% 99 int. U. T. Ss Sent. ’22 73 75 K. G. Term 6s Nov., 15. ’23... 98% 9934 Kenn. Copper 7s Feb.. ’750.... 98 98% Laclede Gas 7s Jan., ’29 9.3 9.3% I.ig. A- Myers Os Dee., ’2l 100% 190% I’roetor k G. 7s Mob., ’22 100% 100% Procter A G. 7s Meh.. ’23/ 100% 101% Pub. Ser. N. J. 7s Meh.. ’22.. 93% 93% It. J. Reynolds 6s Aug., ’22. .100% 100% Sears Roebuck 7s Oct 15, ’22.. 99% 100 Scars Roebuck Ys Oct. 13, ’23.. 93% 99% Sinclair 7%s May 15, ’25 93% 9t% Solvay & tie 8s Oct . ’27 100% 101% Sou. Ity. 6s Meh , ’22 93 99% S. W. Kell Tel. 7s Apr., ’25.. 99% 99% Stand, fill (Gal l 7s Jan.. ’31..104% 105% Stand. Oil (NY 1 7s Jan. ’25- 751.102% 107% St. Paul UI) 53-s Dec. 15, ’23 95% 99 Swift 7s O-t. 15, ’25 99% 100 Texas Go., 7s Meh.. 1. ’23 101 101% Ftah See 6s Sept. 15, ’22 93% 94 Western El. 7s Apr., ’25 101% 101% Wcstinghouse 7s May, ’.31 10.3 103%

Local Stock Exchange

—Oct. 31 STOCKS. Bid. Ask Ind. Rv. & Light com 60 ... Ind Ry. & Light pfd 75 Indpß & S. E. pfd T 5 i Indpls. k N. W. pfd 73 i Indpls. St. Ry i T. 11., I. & L. pfd 50 T. H *T. A E. pfd 15 T. H., 1. k E. com ... 6 HI. T. of Ind. coin 1 U. T. of lad. Ist pfd 7 U. T. of I ud. 2d pfd 2 Advance-Kumley com ..„ ... Advance ltumely pfd Am. Creosoting pfd 91% ... | Am. Central Life 91% Belt R. It com 57 Belt R. R, pfd 43 Century Bldg. Cos. pfd 9' ... Citizens Gas Cos 22% ... Dodge Mfg. Cos. pfd 85 | Home Brewing 53 i Ind. Hotel com .. Ind. Hotel pfd 2° j Ind. Nat. 1.. Ins. Cos 3% ... Tnd. Title Guaranty Cos ” n ind. Pipe Lines 79 .... Indpls. Abattoir pfd -4(1 ... Indpls. Gas 41 ... Indpls. Tel. Cos. com 2 Indpls. Tel. Cos. pfd f*o ... Mer. Pub. Util, pfd 42 52 Nat. Motor Car Cos 2 7 Pub. Sav. Ins. Cos 4% ... linuh Fertilizer pfd 4* ... Stand. Oil of Indiana....... 79 Sterling Fire Ins. Cos 0%. 7% Van Camp Ildw. pfd : Van Camp I’rod. Ist pfd 1(11 Van Camp Prod. 2d pfd 100 Vandalia Coal Cos. com 5 Vandal ia Coal Cos. pfd 5 10 Wabash Ry com 6 Wabash Ry. pfd 19

BONDS. Broad Ripple 5s 50 ... Citizens St. By. 5a .' Indian Creek Coal & Mine. ... 100 Ind. Coke & Gas 6a 00 indpls., C. & South. 55..... 89% ... Indpls. & Martinsville As... 50 " ~. Indpls. Northern 5s Indpls. & N. W. 5s 50 Indpls. & S. E. Oa ... 45 Indpls. S. & S. E. 55........ ... 75 Indpls. St. Ry. 4s ... Indpls. T. & T. 5s 67% ... Ind. Coke and Gas Os 02 T , 11. I. & E. os 40 11. T. of Ind. 6s 47 52 Citizens Gas Cos. 5s 75 . .„ Indpls. Gas 5s 73% ... Kokomo, M. & W 5s 77 ~.. Ind. Hotel Cos. 2d 6s 0* Indpls. Light Y- Ilcat 55.... 75% ... Indpls. Water Cos. 4%s 67 Indpls. Water Cos. 5s 99 ... Mer. H. Sc L. 5s 99 97 New Tel. Ist 6s 04 New Tel. L. D. 5s 03% ... Sou. Ind. Power 55..., 89% LIBERTY BONDS. Liberty First 3%s 92.48 Liberty First 4%s 92.99 Liberty Second 4%s 02.50 92.90 Liberty Third 4%s 01.02 Liberty Fourth 4Vis 92.86 93.16 Victory 3%s 09.44 Victory 4%s 99.42 CHICAGO PRODUCE. CHICAGO, Nov. I.—Butter —Receipts, 10,209 tubs, creamery extras, 43c; firsts, 36© 12c: packing stock, 23 ft? 24 o. Eggs— Receipts, 7.690 cases; current receipts, 4S ftfsoc; ordinary firsts, 13©46c; firsts, 50ft$ 52c: dirties, 26®28c. Cheese —Twins, new, 20@20%c; I busies, 21%@22c; Young Americas. 20%@210; Longhorns, 21© 21 %c; Brick, 22c. Live poultry—Turkeys, 27c; springs, 20%c; chickens, 38c; roosters, 15c; geese, 22c; ducks, 23c. Potatoes —Receipts, 89 ears; Northern Whites, sl.7o<<? 1.80 per 150-11). bag; Minnesotas. North Dakotas and Red rivers, $1.65®1.50. INDIANAPOLIS PRODUCE, Butter—Local dealers are paying 43@ 44c per lb. for butter delivered in Indianapolis. Eggs—Loss off, 48@49c. Buter—Packing stock, 19@20e. Poultry—Fowls, 17@ 23c; springers, 19@24e; cocks, 10@llc; young hen turkeys, 8 lbs. up, 30e; young tom turkeys, 12 lbs, up, 30c; old tom turkeys, 25@27c; cull thin turkeys not wanted; ducks, 4 lbs and up, 18@20c; spring clucks, 3 lbs and up, 20c; geese, 10 lbs and up, 12@13c; rabbits, drawn, per dozen, $3; squabs, 11 lbs to thp dozen, $4.50; old guineas, per dozen, $7.50. Buterfat —Local dealers are paying 43c per pound for all butetrfat deliverei in Indianapolis.

SLUMP HITS GRAIN MARKET Long Wheat Pours Into PitCorn and Oats Lower. CHICAGO, Nov. 1. The bottom dropped out of the wheat market a little after mid-session today and prices slumped to the lowest levels on the crop for both the December and May deliveries. Long wheat was poured into the pit and stop-loss orders v.-ere uncovered. Liquidation was general, some of the best buyers the past few days being the heaviest sellers in today’s session. Wheat closed with net declines of s’/* (it s%c; corn off l%@2c, and oats 134©? l%c down. (By Thomson & McKinnon.) —Nov. 1— Wheat—Publication of stocks of grain afloat in the Buffalo harbor prompted abandonment of holdings by a few traders who bought yesterday. Later in the day heavy liquidation appeared as a reflection of the deferment of buying by Greece and Portugal, which had been expected to be completed today. In reality it is not necessary to attempt to discover a reason for the action. It is simply the inevitable response to a complete disappearance of all demands for the accumulations of wheat immediately available. The world’s crop of wheat Is privately estimated as slightly larger than a year ago. the significant thing in the estimate being that European countries have 2C0.000.090 bushels more than a year ago which suggests a lessening of their needs from exporting countries by that amount. The slow demand is shown by deliveries of 833,000 bushels on October contracts in Winnipeg on yesterday. The apathy of importing countries is also to be discovered in the fact that rye is some 25 cents cheaper than wheat and yet no important demand. There was a slightly better tone to English cables, it being claimed that offerings for re-sale were smaller and reported toward the last that United Kingdom had taken 750,000 bushels of Manitobas. Minor reactions may appear in the market at any moment but the future trend of prices hinges upon the revival of foreign demand. Corn and Oats—Coarse grains. There have been two private estimates of the corn crop and the reserves. These were somewhat at variance but both of them showed reserves of old corn much larger than any previous record. In these markets as In wheat, there is no particular demand for current receipts to si-.y nothing of the elevator accumulations. In fact, the most available market for oats is in the future believers. Accumulations of both corn and oats are large and nre speculatively owned. I’rovlsious—Weakness in grains had influence iu hog products but it is not believed that prices will sympathize to any great extent in view of the rathe.free outward movement both domestic and foreign account. Stocks of lard show a considerable decrease for the last two weeks.

CHICAGO GRAIN TABLE. —Nov. 1— Wni’AT— Open. High. Low. Close. Dec 1 "T% 1.67% 1.02 1.-12 May.... 1.123* 112% 1.8634 BOY 34 CORN— Dec .48% .4834 .4-ks .40% Slav 03% .53% .51% .51% Dec 33’. .33% .51% -pi % Mav. .. .37% .37% .36% .36-Ja Vo .?sz 1000 LAUD—.Tan 8.90 8.90 8.82 8.82 •May 9.30 •Jan J, 4 •May <*B2 11 1 lee* ... ' .81 ’ 4 .81 14 .89 .80 May 8734 .873a .8374 -84 •Nominal CHICAGO CASH GRAIN. CHICAGO, Nov. I.—Wheat Gash No. 2 mixed and No. 75 mixed, $lO5. CornCash No. 2 mixed, 40%'*/!7%c; No. 2 white and No. .3 yellow, 46%(b 57 : %c ; No. 2 yellow, 47% 1* 1 18’a*-: N**. mixed. 4734 c: No. 4 mixed. 47c. Oafs—No. 2 white. 34% fit3sc; No. 75 white, 30%fij3134c-; No. 4 white, 29%303ic. TOLEDO GRAIN PRICES. TOLEDO. Nov. I.—Wheat—Cash and December. SEI7; May, $1.22. Corn —Cash. s.3fii "Tie. Oats—Cash, 57(5 39c. Kyo—Cash, Barley—Cash, C.3c. PRIMARY MARKETS. (By Thomson & McKinnon.) —Nov. 1 —RECEIPTS— Wheat. Corn. Oats. St. Joe ...... 24,000 8,000 2,000 Chicago 29.000 327.001* 159.600 Milwaukee ... STOOD 16,000 4,099 Minneapolis .. fili.oOO 11,000 17,0 h Duluth 502.600 10,090 20. Mil St. Louis ... 71,000 1)1,000 58,600 Told* 106,000 9,900 Detroit 2.000 B,COO 22,000 Kansas City . Holiday. Peoria 2.000 55.090 67.000 Omaha 25,000 10,000 B.o*Bl Indianapolis . 8,090 11,060 55,000 Totals 1,288,000 659,600 421,000 Year ago .. Holiday. —SHIPMENTS— Wheat. Corn. Oats. St Joe 17,000 3,000 2.09 Chicago 46,000 28.000 lJ.’i.OO* Milwaukee ... 4.n00 7,000 87.009 Minneapolis . 120,000 13,000 41,000 Duluth 2375,000 175.(64) St. I .olds ... 90.000 64,000 05,00** Toledo 75,000 2,<44) Kansas City . Holiday. Peoria 4,090 41,000 4.,000 Omaha 59,000 20,(44* is.<4*o Indianapolis . 1,000 14,0(4* 24J4X* Totals 583,000 385,(Xi0 357,000 Year ago .. Holiday. CLEARANCES— Wheat. Corn. Oats. New York ... 155,000 Baltimore .... 40,444) New Urloans . 80,(44) Totals 275,00) Year ago .. Holiday.

INDIANAPOLIS CASH GRAIN. —Nov. 1— Bids for car lots of grain and bay at. the call of the Indianapolis Board of Trade were: . Wheat —Easier; No. 2 red, $1.21(31.22. Corn—Easier; old No. 2 white, 4S%@ 49%c; No. 3 white, 44%©45%c; No. 4 white, 43@45c; old No. 2 yellow. 49@50c: No. 3 yellow, 43@46c; No. 4 yellow. 43® 45c; old No. 2 mixed, 47%©45c; No. 3 mixed, 44®45c; No. 4 mixed. 42®44c. Oats —Easy; No. 2 white, 34%fti.33c; No. 3 white. 32®33c. liay—Steady; No. 1 timothy, $17©17.50; No. 2*> timothy, $ 16.50© 17; No. 1 light clover mixed, $16©16.50; No. X clover, sl6 ©l7. —lnspections Wheat—No. 2 red, 2 cars; No. 3 red, I car; No. 5 red, 1 ear; sample, 1 ear; total, 5 cars. Cora —No. 1 white, 2 ears; No. 2 white, 4 ears; No. 3 white, 13 cars; No. 4 white, II cars; No. 0 white, 1 car; No. 1 yellow. It cars; No. 2 yellow, 6 cars; No. 3 yellow. 8 cars: No. 4 yellow, 7 cars; No. 5 yellow, 3 cars; No. 6 yellow, 1 ear; No. 1 mixed, 1 car; No. 2 mixed, 3 cars; No. 4 mixed, 2 ears; N’o. 6 mixed, 1 car: total, 74 cars. Oats—No. 1 white, 1 ear; No. 3 white, 5 cars; No. 4 white, 4 cars; sample white, 2 ears: total. 12 cars. Hay—No. 2 clover mixed, 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 bay, $16@17; baled hay, $17@19. Oats—Bushel, new, per bushel 34@3?c. Corn —Old, per bushel, 55@(30e. TOLEDO GRAIN PRICES. TOLEDO, Nov. I.—L'loverseed —Crsb. $11.80; Deeefßber, $12.02%; January, $12.12%; February. $12.10; March, sl2 bid. Alsike—Cash, $10.75; December, $11; Feb. 511.25; March, $11.20. Timothy—Cash, $2.81% bid; December, $2.90; Jan' ary, $2.95; February, $3; March, $3.05.

Activities in Great Steel Plants Show Improvement Sheet Mill Operations Slow Down Orders Come in at Good Rate .

Special to Indiana Daily Times and Philadelphia Public Ledger. PITTSBURGH, Nov. I.—Operations of steel plants on the whole were better last week and the Steel Corporation has attained an average of nearly 50 per cent, while some of the independent plants have done much better. Big iron prices have dropped some and several.large lots of basic iron have been sold at sl9, including a 2.000 ton lot to the American Rolling Mill Company. Some concessions have aiso been made in foundry grades. Operations of sheet mills have declined some, the American Sheet and Tin Plate Company to about 85 per cent* and Independent companies to 70 per cent, but orders and specifications are coming in at a very good rate. Some independent steel companies have advanced the prices of sheet bars from $32 to $34 to conform to the increased price made by affiliated interests in the sheet trade. Pipe mill operations have continued to improve and are better than at any time since the spring. Prices on line pipe have been cut severely, in some cases as much ns 10 per cent, under the quoted discount. Merchant pipe continues to increase with the growth of building and construction work.

SWINE VALUES SHOW DECLINES Cattle. Sheep, Lamb and Veal Prices Held Steady. RANGE OF HOG PRICEB. Good Good Good Oct. Mixed. Ht-avv Light. 25. J7.SU J7.6sfci 7.50 J7.904# 5.00 2G. 7.75 7.65 it 7.75 S.OO 27. B.oo® 8.75 B.oo® 8.10 8.25® 8.65 28. B.UO® 8.10 .B.oo® S.lO 8.16© 8.35 29. 7.75% 7.85 7.75 7.55% 8.10 31. 8.25 8.25® 8.35 8 35® 8.40 Nov. 1. 8.00 7.85® 8.00 B.oo® 8.10 With receipts approximately 7,500 and both local packers and shippers with Eastern house connections indisposed to bnv at higher prices, swine values declined 25 to 35 cents In trade on the local livestock exchange today. Practically all good swine sold at SB, while there were a few sales of light at ssl(* and a similar number of sales of heavies at around $7.85. Pigs generally brought the price of the loads. Roughs brought s(i.sovi 7.25 and stags, $5(6*5.5(1. The bulk of (lie sales were made at SB. A fair clearance for the day was anticipated. There were but few heavy swine on the market in proportion to the receipts. Trade in cattle was fair nud prices were generally steadv, with receipts light and tii.- bulk of the cattle of medium to good grades. There were, however, a few vearling steers and heifers on the market that brought exceptional prices, ranging from s9fii 12. Calves were steady, with receipts light and tlie demand fair. There was a top of sl2 on a fair number of choice veals, while tiie bulk of that grade sold at sll6/ 11.50. There were 200 calves o® the market. Sheep and lambs wore steady with receipts close to 300. Sheep brought 5 50 and lambs, $5.50® ’.50. HOGS. Best light hogs, 150 to 190 lbs average $ S.oo® $.lO Over 300 lbs 7.75 m 785 150 to 300 ilia 7.85 m; 8.10 Sows 6.50® 7.25 Best pigs, under 140 lbs S.(4*tq, 8.10 Top 8.10 Bulk of sales 8.00 CATTLE. Trime cornfcd steers, I.SOO to 1,800 ibs 7.50® 9.00 Good tq choice steers 1,200 to 1,300 lbs 7.50$ 8.00 Good to choice steers, 1,100 t<* 1.200 lt.s 0 00$ 7.00 Good to chAice steers. 1,000 to 1.100 lbs 5.50$ 6.00 Common to medium steers 800 to 1.000 lbs 5.00$ 5 50 Choice yearling steers 9.00512 00 —Heifers and Cows— Good to c% ice heifers 7.00® 900 Medium heifers 5.25@ 0.75 Common to mediilm heifers.. 4.75® 5.25 Good to choice cows 3,0.1® 4.25 Fair to medium cows 2.oofij 3.00 Gutters 1.75$ 2.75 Cauuers 75$ 2.00 —Bulls— Good to choice butcher bulls. 4,00@ 4.50 Bologna bulls 3.50$ 4.00 Light bologna bftlis 3.03® 3.50 Light to common bulls 2.50$ 3.00 —4’alves— Choice veals sll.oofi* 12.00 Good veals 9.50® 11.00 Medium veals 7.sofi£ 9.50 Lightweight veals OJHlfii 7.50 Commons heavyweight veals.. 4.50$ 5.50 —Stockers ami Feeders— Good to choice steers, under B(4* lbs *5.00® 6.00 Medium cows 2.00® 3.00 Goods cows 3.00® 4.(4) Good heifers S.fiO® 7.00 Medium to good heifers .... 4.00® S.O'J SHEEP AND LAMBS. EweS .72.00® 3.00 li(!;ki 1.50® 2.00 Choice ewes and wether lambs 7.00(0) 8.00 Seconds 0.50® 7.00 Buck lambs o.OOfif 6.59 Culls 2.00® S.OO

Oilier Livestock

CHICAGO, Nov. 1. —Hogs-—Receipts, 30.000; market, 10c lower; hulk of sales, $7.25©7.80; top. $S.t5; heavies, $7.50©7.85; mediums, $7.65fti:7.90; lights, $7.65@8; light lights. $7.85(0,8.15; heavy packing sows, smooth. $6.75©7.23: packing sows, rough, [email protected]; pigs, [email protected]. Cattle—Receipts, 0,000; market generally steady; beef steers, choice and prime, $9 ©11.85; medium and good. $5.55@10; good and choice. $9.25© 11.85; common and mcrltim, [email protected]; butcher cattle, heifers, •$•”>[email protected]; cows, $3.50© 6.50; hulls, $3.10(645.25; canners and cutters, CQwe and heifers, [email protected]; ennner steers, s3@4r veal calves, [email protected]; feeder steers, $5.25©7.15; stoeker steers, sl@7; stoeker cows and heifers. [email protected]. Sheep and lambs—Receipts, 20,000; market steady; choice lambs, [email protected]); cull and common lambs, SS.SO@S; yearling wethers. ss.so©<s; ewes, $3.25©3.50; breeder ewes. [email protected]; cull and common ewes, $1.75®3; feeder lambs, $6.75®7.55. CINCINNATI, Nov. I.—Hogs—Receipts, 4,500; market steady to 10c lower; heavies, mixed end mediums, $8.15; lights and pigs, SS.4O; roughs, $6.50; stags, $5.50. ('attic—Receipts, 6901 market, steady; bulls, steady; calves, $11.50. Sheep and lambs—Receipts, 650; market, weak: ewes, $1©3.50; bucks, $2®2.50; lambs, steady; choice lambs, $9; seconds, s6©7; culls, $3.50@4. CLEVELAND, Nov. I.—Hogs—Receipts, 2.000; market, 10 cents lower; yorkers, $8.49; mixed, $8,154 mediums, $8.15; pigs, SS.4O; roughs. $0.75; stags. $4.75. Cattle —Receipts, 800; market, slow; good to Choice steers, _ $7.25(08; good to choice heifers, $0.50©7.25; good to choice cows, s3®s; good to choice hulls, [email protected]; lair to good cows, $3®,5. Sheep t.nd lambs —Receipts, 500; market, slow; top, $8.75. Calves—Receipts, 200; market, steady; top, sl2. EAST BUFFALO, Nor. I.—Hogs—Receipts, 2,750; market, slow; yorkers, $8.50 ©8.60; pigs. $5.75©9; mixed, $8.25®8.50; heavies. SB©S.2S: roughs, $0.50©6.75; stags, s4©s. Cattle—Receipts. 400; market. slow; prime steers, $7.75®9; shipping steers, $7.15©9: butcher grades, $7 (o 8.50; heifers, $5©;7.50; cows. st.so©s; bulls, $3ft)5.50; feeders, [email protected]; milk cows and springers, $40®135. Calves— Receipts, 300; market, active; cull to choice, ss© 13, 'Sheep aud lambs—Receipts, 3,600; market, slow; choice lambs. SB.SC®9; cull to fair, s4@B; yearlings, $4©6.50; sheep, [email protected]. EAST ST. LOUIS, 111., Nov. I.—Hogs Receipts, 12,000; market, 10@15e lower; mixed and butchers, [email protected]; good heavies, [email protected]; roughs, [email protected];

Some 1922 business has been entered for tin plate. A fair' amount is for first quarter delivery, with a further volume running up to July. Operations, cn the whole, were 49 per cent. •'■The full price of $5.25 is not always maintained, and some export business has been entered here in competition with Welsh Mills, $4.15, and others at $4.25 and $4.35. Competition is very great in structural steel and awards are increasing. Anew bridge over the Monongahela River here will require 8,0-99 toils. For New Y'ork tunnel work kids will be asked for 12,000 tons of structural steel. 3,000 tons of reinforcings here and 1,000 to 2,000 tons of cast iron, wrought iron and steel pipe. The Carnegie Steel Company has booked 12,000 tons of material, principally plates for the repair of 4,000 cars for the Virginia Railway. Two ferryboats for Peunnsylvania Railway, requiring about 1,000 tons, are to be constructed shortly. Nearly Ji.OOo tons of plates are wanted for a roadway for the proposed Manhattan bridge. New York. The New York board of water supply is taking bids until Nov. 10 on a riveted pipe line for the Ashckan reservoir, requiring 20,000 tons of plates. Inquiries are pending for approximately IS.OOO tons of plates for tank construction. The Chicago, Milwaukee aud St. Paul has let 1.374 tons for steel center sills to A. H. Gostle and Company. The Baltimore and Ohio Railway is inquiring for another 1.000 fifty ton hopper cars and 1.000 seventy-ton steel coal cars. An inquiry calls for 350 composite gondolas for the Chicago, Milwaukee and St. Paul Railway. Others include fifty gondolas for the Monongahola River connectinjj line; 140 flats anti seventy-live composite gondolas for the Alabama, Tennessee and Northern Railway; twelve ore ear bodies and ten hopper cars for the Lake Champlain and Moriah Railroad, and twenty-five general sorv.ee ears for the Catanga Railroad, Africa. A decrease of $7 per ton in the price of steel rails has not resulted in any response liv the railroad*, w.ho have hf|6n litisv with the strike situation. lne Edgar Thomson works of , the < arnegie Steel Company is operating about uO per cent of capacity and is reported to have sufficient specifications to keep going at this gait for the next six works. The Imperial Government Railways in Japan have issued anew inquiry calling for about 5,000 tons of sixty-pound, sev-entv-fivc-pound and one hundred pound rails —Copyright, 1921, by Public Ledger Company.

lights, $7.80(7:7.93; pigs, [email protected]; bulk of sales, $7.75®7.9J. Cattle—Receipts, 4.500; market steady; native beef steers, $7®8.85; yearling steers anil heifers, *7.50®5.G0; cows, s3®6; stockcrs ami feeders, $3®5.25; calves, [email protected](); dinners nml cutters, $1.75®3.25. Sheen and lambs—Receipts, 2.000; market strong mutton ewes, $3.50@5; iambs, $8®8.56; canners and choppers, sl@2. PITTSBURGH, Nov. I.—Tlogs—Receipts, 1,000; market, 5 to 15c higher: prime heavies, sß.lofii S.2smediums, $8.70 <1(8.75; heavy vorkers, $5.70®8.75: light: Yorkers, $8.50®8.90: pigs, $8.50®8.90; roughs. $C®7; stags, s4(<ts: heavy mixed, $8.35(2 8.40. Cattle—Receipts, light; choice. $8®8.50; prime, $7.50®8: good. $6.50®"; tidy butchers, $0.50@7; fair, s3® 6; common, $4.50®:5; common to good fat cows, $i.MV<(5; common to good fat bulls, s3*)U®s; heifers, 54.25-G6.25: fresh cows and springer.", s3sfii9s; veal calves. sl3: heavy and thin calves, $5@S. Sheep and lambs —Receipts, 300: market, steady: prime wethers, $5fii5.25: good mixed, $1.50 (9 4 85: fair mixed, $3.50®.4.25: culls and commons, sl(<<!2: choice lambs, $9.

Weather

The following table shows the state of the weather at 7 a. in., Nov. 1. as observed by United States AVeather Bureaus : Station. Bar. Temp. Weather. Imiiuimpol!*, Ind.. 29.75 46 Rain Atlanta, Ga 29.60 50 Rain Amarillo, Texas .. 30.22 42 Clear Bismarck, N. D.... 30.14 30 Clear Boston, Mass 29.92 54 Rain Chicago, 111 30.00 43 Clear Cincinnati, Ohio .. 29.56 54 Cloudy Cleveland, Ohio .... 29.64 52 Rain Inver, Colo 30.18 34 Clear Dodge Citv, Kan... 30.20 32 Clear Helena. Mont 30.24 48 Cloudy Jacksonville, Fla... 29.84 54 Clear Kansas City. M 0... 30.12 46 PtCidy Louisville, Ky 29.65 54 Cloudy Little Rock, Ark.. 29.94 54 Clear Los Angeles, Cal.. 30.06 60 Clear Mobile, Ala 29.92 52 Clear New Orleans, La... 29.98 52 Clear New York, N. Y... 29.78 60 Cloudy Norfolk. Va 29.60 60 Clear Oklahoma City.... 50.16 44 Clear Omaha. Neb 30.22 40 Clear Philadelphia, Ta.... 29.72 60 Rain Pittsburgh, Pa. .. 29.56 58 Cloudy Portland. Ore 30.26 44 Clear Rapid City, S. D... 30.10 34 PtCidy Roseburg, Ore 30.22 54 Cloudy San Antonio. Texas 30.12 54 Clear San Francisco, Cal. 30.14 54 Clear St. Louis, Mo 29.96 48 Cloudy St. T’aul. Minn 30.28 34 Clear Tampa, Fla 29.88 64 Clear Washington, D. C... 29.00 64 Cloudy WEATHER CONDITIONS. The disturbance in the south Atlantic district Monday morning hns developed in energy with a retrograde movement, and Is now centered over eastern Tennessee. It lias caused considerable rain from the lower Ohio Valley to the Middle Atlantic and adjoining States. Temperatures nre lower to the west of the storm area from the western Lukes and upper Mississippi Valley sonthwestward to Missouri and Kansas. The disturbance which was over the north Pacific has moved Inland to Saskatchewan, and has caused higher temperatures in turn from that region southward over tiie upper Missouri Taller. INDIANA HIGHWAYS. The Improved highways of the State remain in good condition. The unimproved and dirt roads have become soft and somewhat muddy because of rains during tiie latter part of the week. J. 11. ARMIXGTON, y Meteorologist, Weather Burcan. WHOLESALE FEED PRICES. Ton. Cwt. Acme Bran $21.00 sl.lO Acme Feed 25.00 1.10 Acme Middlings 25.00 1 30 Acme Dairy Feed 49.00 2.00 E-Z Dairy Feed 29.23 1.50 Acme H. & M 28.75 1.50 (VO. & B. Chop 22.50 1.15 Acme Stock Feed 27.25 1.40 Acme Farm Feed 20.50 1.33 Cracked Corn V 33.50 1.85 Acme Chick Feed 31.75 1.65 Acme Scratch 29.25 1.69 E-Z Scratch 39.00 2.00 Acme Dry Mash 33.50 1.75 Acme Barleycorn 35.00 1.80 Ground Barley 25.75 1.50 Homlicfc, yellow 35.00 1.80 Rolled Harley 30.50 1.53 Alfalfa Mol 40.00 2.50 Kafir Corn Meal 4.550 240 Chick Mash 41.25 2.10 Tankage 52.50 2.75 Meat Scraps 75.00 4.00 WHOLESALE BEEF PRICES. The following Is today's wholesale prices for beef cuts as sold by the Indianapolis markets of Swift & Cos: Ribif —No. 2,21 c; No. 3,15 c. Chucks—No. 2. 10c; No. 3, Bc. Plates—No. 2,9 c; No. 3. 9c. Links—No. 2,28 c: No. 3,24 c. Rounds —No. 2,15 c; No. 3.12 c

Money to Loan on Mortgages STATE LIFE INSURANCE CO. •SS BANK STOCKS "f™" SELL See Curb Market 415 LEMCKE BLD3. 8 ODD

FOREIGN STOCK MARKET TONE IS VERY QUIET i

Some Activity Shown in Oil Issues, Russians and Africans Being Strong. ENGLISH RAILS STEADY Special to Indiana Daily Times and Philadelphia Public Ledger. LONDON. Nov. I.—The stock markets opened quiet here yesterday, there being little dfsposition to extend commitments pending the outcome of the Irish debate in the House of Commons. There was a little activity in oils, while Russians were better and South Africans strengthened. Gilt edges were easy. In foreigns a market was re-established for Russian securities on the Soviet's conditional offer to recognize old debts. French issues hardened with the Iranc and German stocks were weak with the mark. Home rails were unchanged. Textiles were easy. Oils relapsed on attempted protit-taking. Mexican Eagles were 3 9-32, Shells, 413-32 Royal. Dutch 36% Anglo Americans rose %. On good cape advices South Africans were harder, with but little business. Americans were steady. In Lombard street there was not quite so much loanable credit. Overnight surplus was 1% per cent, day to day 3, fixtures 4 and new weekly 3%® 3%. Discounts remained firmer. Exchange on New Y'ork was $3.92%; Paris, 53.55. and Berlin .713.—Copyright, 1921, by Public Ledger Company. VOTERS’ LEAGUE SENDS LETTER Candidates to Address exServica Men. Candidates indorsed by the Ex-Service' Voters’ League will speak at a public meeting to be held in the assembly room, second floor of the Denison HotelWednesday evening. The election day organization of the league will be completed at the gathering. All ex-service men and women in Indianapolis are being sent a letter by the league as follows: •-There is nothing un-American about playing politics, it is the only way to get results iu a democracy. "X u, with us, are undoubtedly dissatisfied with the treatment of our disabled aud the forgetting of the promises made us during the war. But after all, is it not pretty much our faultV If the 1 ex-service men cannot get together and tight for each other pe they fought a common enemy, they deserve to be ignored and discriminated against. “A few of us, only a small percent of the ex-service men of this city, have found that we can get resuits when we act together. We have succeeded in nominating: -Thomas E. Garvin for city judge on ! the Democratic ticket. "Delbert O. Wilmeth for-eity on I tbe Republican ticket. "Llovd D. Claycunibe, for councilman Third ‘district on the Republican ticket, i -otto Ray for councilman Sixth ,distrlct ou the Democratic ticket. "Dr. Frank A. Holmes for school commissioner. "Fred Bates Johnson for school coop missioner. "These men were all investigated by us and their war records are good. They btood by their buddies and their country. "Will you not help us elect these men and join us in building an organization for th<* fuiure? We are all tired of ' drifting. Why not get together and do something for ourselves? "At least send us in your name and business sc* we can patronize you, or if out of employmet so that we can put you on our lists nud pass any opportunities around between us. | "Better come down yourself to our ' headquarters and talk it over. ; "Bring your buddy, join us and watch our smoke.’’

Case cf Rose Goetz Put Off Until Nov. 23 Because of the crowded condition of the docket of the Juvenile court, the case against Mrs. Rose Goetz, 19, 737 Lord street, charged with the neglect of her child, Ruth Goetz, was continued until Nov. 23, it was announced in court today. The arrest of Mrs. Goetz, William Foynter, S2l Chase street, and Chester Love, 144 North Arsenal avenue, was the result of a dance, a joyride and a reputed "white mule" party. Mrs. Goetz was brought to a house in Cornell avenue in an unconscious condition on the morning of Sept. 23. Poynter and Love are charged with contributing to the delinquincy of Louise Faulkner, 223 North Keystone avenue. 9 Barrels of Liquor Stolen; Loss, $15,000 TEORIA, 111., Nov. I.—Nine barrels of liquor valued at. $15,000 wore stolen from the bonded warehouse at the Corning distillery last night, it became known i. lay when Government storekeepers went on duty. NEW EXCUSE'WINS. NEW YORK, Nov. I.—“ Yes, I was drunk— by the doctor's orders.” snid James Clarkson when arraigned here. "He ordered me to take gin and I took it—a bottle.” The physician corroborated his statement. Clarkson was discharged. ELEPHANTS CAUSE PANIC. ( AMIENS, Nov. tk. —A herd of elephgnts brought here by a moving picture company became frantic in a storm and ran amuck. They terrorized villages for twenty miles around before they were captured. IS IT A PELLICANIBAL? LONDON. Nov. I.—A pelican at St. James’ Park gobbled up a venturesome sparrow which ventured too near the pelican's food. It tried three times to swallow the bird, but finally found it a regular Jonah and let it fly away. RECTOR AGAIN RECANTS. LIVERPOOL, Enr hud, Nov. I.—The Rev. J. S. Twigge, formerly rector of Ormside, who joined :h> Catholic Church a j-ear ago. has aga'.J been received into the Church of England by the Bishop of Liverpool. 2,000-YEAR-OLD ROAD. ALTON, England, Nov. I.—A section of a Roman road aobout 2,000 years old lias been unearthed here. It is believed to have been used for transporting from Cornwall to London. "WETS” WIN IN GLASGOW. GLASGOW, Nov. I.—Three districts* which voted "dry” a year ago have now reversed their decision aud the old lieens*ng system will be revived. FRENCH WAR ON WASTE. TARIS, Nov. I.—Forty-two thousand government'employes are to be dropped from the rolls by January.