Indianapolis Times, Volume 34, Number 164, Indianapolis, Marion County, 19 November 1921 — Page 11

MISCELLANEOUS FOR SALESWaIk 2 Squares P and save a dollar I \ on your Trousers l| I at \) ( Two Store*. Jjjl [ 4$ W. Ohio St. ff -r* 1 114 18. Ohio St w w DO YOU WEAK PANTS? OF COURSE YOU DO. BUT TOURS DIRECT FROM THE MAKER AND SAVE THE DIFFERENCE. PANTS READY TO WEAR. *2.75 AND UP. PANTS TAILORED TO YOUR MEASURE. *5.00 AND UP. LEON TAILORING CO. V M Invalid chairs for rent. *3.50 per month. Free delivery to EjCjHk all parts of city. Crutches 25c per month. BAKER dteftOH BROS. Main 3465. Lincoln OBgjfrjfy 3166. TYPEWRITER REMINGTON Xft To! VISIBLE. IN FINE CONDITION; ONE YEAR GUARANTEE. PAYMENTS IF DESIRED. ONLY' $35.00. A REAL BARGAIN. CLARK TYPEWRITER SHOP, 18 WEST MARKET. SECOND FLOOR. PHONE MAIN 2686. MISCELLANEO US—WANTED. GOOD, SOUND YELLOW EAR CORN WANTED AT THE STOCKYARDS HOUSEHOLD GOODS—FOR SALE. THIS AD IS WORTH $5 On the biggest bargain In the store; a beautiful mahogany bedroom suite c mplete. Adam period; exactly as new and Pjrleed special for three days at SIOO. Uring this ad and SOS. Also a fine maple bed and dresser specially priced at $65. Bring this ad and *60.00. Used Goods Store *24 Mass. Are. REBUILT STOVES. Florence, Nubian. Palace, Garland. Bucks. Jewel and all other makes cheap. Payments. BAKER BROS. THE ART CABINET SHOP. $44 Mass. ave. Phone Main 0629. If It’s broke we can fix it. Yes—we will come and get it. REBUILT stoves and good used furniture; cash or easy payments. E. KROOT. 607609 YV. Washington. STOVES in first-class condition and other household goods for sale. Circle 0789. ARMY comforts for sale, clean. 609 W. Washington. MUSICAL—SALE OR WANTED, FOR SALE —To make room for our Xmas stock we will sell 3 used SS note players and music at a low price. Every member of your family will be a musician anu spend the evenings at home; price and terms that will suit collectors. Several talking machines with records from $lO up, may be exchanged for larger machine later. I.’oright pianos which have been taken In trade on players will be disposed of at ridicu T ous prices; make your selection and we wi. 1 hoid your piano or player for Xmas delivery. ROBERTSONS MUSIC HOUSE. 423 Mass. ave. Main 4331. SEVERAL used phonographs of various makes, some as good as new, priced from $25 to $*J5. while they last; $1 down and $1 per week; no interest. HOuK'ii DRUG STORE. 105 X. Illinois. PIANOS and talking machines cheap on payments. BAKER BROS. ~~L\VE STOCjTAN KrWO HORSES, heavy work; bargain; can be seen any time, 15it Madison ave. Drexel 5747. ONE horse for sale cheap. 925 Dreler place.

COAL AND WOOD—FOR SALE. THE BEST IS THE CHEAPEST. Best Ind. or Linton No. 4, clean forked 7.00 Illinois lump, large clean forked 7.50 Beet Brazil block, clean forked 8.50 B-st Illinois egg. clean forked 7.25 B-st Brazil egg. clean f0rked......... 7.50 High-grade nut and slack 5.00 Delivered anywhere In the city. Pit BE KINDLING, with each ton or more ordered. Drexel 3280. ST. 2225. COAL “* SEMI-POCO. M.-R.. $3.00. VIRGINIA AI.-K.. BEST GRADE. *7.75 I GENUINE RED ASH POCO. M R., $3.75. GLENDORA LUMP, $3.00. CALL FOR PRICES ON LINTON NO. 4 LUMP IN 2-TON AND 4-TON LOTS. EMERGENCY COAL CO. Main 6056; Kenwood 2152. Open 8:30 a. m SPECIAL—SPECIAL. ONE WEEK ONLY. Big. clean Indiana lump, single ton. $6.5* 2 tons $12.50. Main 0430. Main 0431. LI 4730. COAL. ' Fine, big. clean fourth vein Linton Lump, fine, clean egg and nut; no slack. RANDALL COAL Cos. Kentucky avenue and White River. Drexel 4367. COAL L. H. BAIN COAL CO. Main 3531. Main 2151. HEAVY furnace wood, cookstove wood and furnace kindling. Main 8432. "MACHINERY AND TOOLS. WONDER MIXERS MIXERS. HOISTS. PUMPS, ENGINES. ALL SIZES CARRIED IN STOCK. BUHL FINCH, DIST. 312-20 VV. MARYLAND STREET. I LEGAL NOTICES. NOTICE TO CONTRACTORS. Separate e-'-iir-d bids will be received by the board of school commissioners of the city of Indianapolis at the offices of the board, southwest t-orner of Meridian and Ohio streets, Indianapolis, Ind., until 2 o'clock p. ra. Saturday, Dec. 10. 1921, and then opened, for the following; For heating, ventilating, electrical and other mechanic al work at Arsenal Technical Schools, in accordance with plans and speculations on filet In the office of Snider & Kotz, engineers, 703 .Merchants Bank building, Indianapolis, and on file in the offices of the board. Estimated cost. $22,000. For sidewalks at School 22, Illinois and It lacotuun street sides, estimated cost 51J00. dra.i.ape of playgrounds School 22. estimated er st $3,000. For concrete walls at School 31. Lincoln and South Alabama streets, estimated cost SI,OOO. 1 *ce work at Schools 22 and 31 to be In accordance with plans and specifications on tile In the office of the superintendent of buildings and grounds, southwest corner Meridian and Ohio streets. Each proposal shall be in seal* and envelope with writing thereon plainly Indicating the character of the work to which such proposal relates, as, for example, “Bid for Sidewalks at School 31.” All the bids must be made on blanks prepared by the State board of accounts, which blanks will be supplied by the engiislm ss director, upon application. Proposal must be accompanied by a cneck. or New York. Chicago or Indianapolis exchange, for * per cent of the maximum bid. The checks, or exchange, must be drawn payable to the order of the board of scho and commissioners of the city of Indianapolis, and checks must be certified good by a responsible bank or trust company of Indianapolis. lii case a bidder, whose bid shall be accepted. shall not, within five days after notice of such acceptance, perform his bid by entering into a written contract with the board. In the form made part of the specifications, to execute the work, and within that time secure the performance of his contract by a bond. In the form made part of the specifications, with surety or to the approval of the board, his p:ertiiied check or exchange and the proceeds thereof shall be and remain the absolute property of the board as liquidated damages for such failure, it being impossible to estimate the amount of damages such failure would occasion to the board. The contractor shall. In his bid. offer to execute a contract and give a bond, forms of which contract and bond ere made a part of the specifications so on flie with the engineers. Each contractor receiving from the engineers or business director copies of the plans and specifications will be required to deposit, as security for their return in good order, the sum of $lO. The right is reserved by the board to reject any or all bids. RALPH W. DOUGLASS, Business Director. Indianapolis. Ind., Nov. 19, 192 L

L E GAL NOT 1C ES. NOTICE OF SALE OF BONDS OF THE PARK DISTRICT OF THE CITY OF INDIANAPOLIS, IND. Sealed bids will be received by the city controller of the city of Indianapolis, Indiana, until 12 o'clock m on the 15th day of December, IS>2l, for the whole or any part of fifteen thousand ($15,000) dollars of bonds of the park district of the city of Indianapolis, Indiana, which said bonds are designated “Park District Bonds of 1921, Issue No. 4," and will be dated Dec. 15, 1921. Said bonds will be fifteen (15) in number and will be for one thousand ($1,000) dollars each with interest coupons attached. Said bonds will bear interest at the rate of six (6per cent per annum, payable semi-annually on the first day of January and July of each year. The first coupon on each bond will become due and payable on the first day of July, 1923, and will be for the interest on each coupon from the date of issue to said date. Said bonds will mature on Dec. 15. 1920. Both principal and interest are payable at the Union Trust Company of Indianapolis, Indiana, and constitute an obligation of the park district of the city of Indianapolis, Indiana. Bids for the purchase of said bonds shall be Indorsed “Bid for Park District Bonds of 1921, Issue No. 4.” and directed to the city controller, Indianapolis, Indiana. Bidders may bid for all or any part of said bonds. Proposals will be opened by the city controller at his office on the 15th day of December, 1921. between the hours of 12 m. and 2 o'clock p. m. and said controller will thereupon award said bonds, or if he shall see fit. a part thereof, to the highest and best bidder therefor, but the said controller shall have the right to reject any or ail bids or proposals or any part thereof, and shall have the right to accept a part of any bid, and to award upon any old the whole or any less number of bonds covered by said bid, excepting only that no bonds shall be sold for less than par. He may also, in his judgment and discretion, award a part of said bonds to one bidder and a part to another. Each bid shall be accompanied by a certified check upon some responsible bank of the city of Indianapolis, Indiana, payable to the order of Ralph A. Lemcke, city treasurer, for a sum of money equal to two and one-half (2V* ved per cent of the face or par valua of the bonds bid for. The bonds awarded will be delivered at the office of the city treasurer of Indianapolis, Indiana, on the 15th day of December, 1921. or at such time or times as may, on the day bids are opened and award is made, be agreed upon all such deliveries, however, to be made within thirty (30) days from the date of r juch award, and the successful bidder or bidders shall take and pay for the bonds j awarded to him or them and his or their omission, neglect or refusal so to do shall ■ be a bret ch of the contract of his bid or proposal, on account of which damages shad be retained or recovered as liquidated. Said bonds are offered for sale under and by virtue of the provisions of an act of the General Assembly of the State of Indiana, approved March 14, 1919. entitled “An Act concerning the 'department of public parks' in cities of the first class, defining its : powers and duties, creating a taxing district for park purposes in each city' of the j first class, repealing conflicting laws, ami i declaring an emergency.’’ and an act o? the General Assembly of the State of Indiana amendatory thereto, approved July 31, 1920, and pursuant to resolution of the beard of park commissioners of the city of Indianapolis. Indiana, adopted Oct. 13. 1921 directing the undersigned to issue and sell said bonds for the purposes therein set out. The opinion of Messrs. Smith. Remster Hornbrook & Smith concerning the legality of these bonds will be furnished to the successful bidder for the same. ROBERT H. BRYSON. City Controller. DOGS. 3 oTTI TR Y 7 PIGEONS. ETC. HOMES wanted for healthy homeless dog*. INDIANAPOLIS HUMI NE SOCIETY. I City dog pound. 924 E. N. Y. Main 0872. CANARIES, singers and females. 1735 N. ! Illinois. Randolph 0451. * PUPS, pedigreed Airedale. Route 11, No. 331. Irvington 1413. CANARIES. Norwich; beautiful plumage. , Randolph 5168. SILK TOY POODLE PUPPIES. Circle 2051. FINANCIAL. YOU CAN BORROW MONEY SO CHEAP and on such easy terms of repaymen' from the Fidelity Loan Company, a licensed and bonded firm, for use in paying overdue bills or to buy the thing* you need for CASH at BARGAIN gtIUES that every one should take advantage of our service. LOANS ON FURNITURE $20.00 to $300.00 at lgal rates, on short notice and without publicity. We give you all the time you want to repay a loan and only charge for the actual time you have the money. Fair, isn't it? You Can Afford to Borrow On $ 40 pay $2 a month and interejt i On $ 60 pay $3 a month and interest On SIOO pay $5 a month and interest j FLY MORE ANY TIME AND REDUCE THE COST IN YOUR BEHALF We are on the Job eight hours a day, and through personal contact and persona’, service, plus a deep personal Interest, we can serve you and your friends as you wish to be served. In these unusual times, business friendships, close relations, mutual understandings and co-operation are real assets to all of us. We are ready to go three-fourths of the way. Now It is up to you. FIDELITY LOAN CO. 106 E. Market St. Room 532 Lemcke Bldg. Main 1278. Lincoln 7783. LOANS On furniture, pianos, autos, live stock, farm Implements and other collateral. CAPITOL LOAN CO. 141 Va E. Washington St. Main 0585. Auto. Lincoln 1784. FIRST and second mortgages on Indiana and Indianapolis real estate. R. B WILSON. 108 N. Delaware st. Main 1818.

Weather

The following table shows the state of the weather at 7 a. m , Nov. 19, as observed by United States YVeather Hurea us; Station. Bar Temp. YVeather. Indianapolis, Ind.. 29.78 58 Rain Atlanta. Ga 30.10 64 Cloudy ltismark, N. D 36.66 —lO Clear Boston, Mass 30.22 68 Cloudy Chicago, 111 29.90 34 Snow Cincinnati, 0hi0... 29.86 56 Rain Cleveland, Ohio .. 29.80 54 Rain Denver, Colo 30.16 14 Clear Dodge City, Kan... 30.30 16 Clear Jacksonville. Fla.. 30.16 72 Cloudy Kansas City, Mo.. 30.24 24 Clear Louisville, Ky 29.88 56 Ruin Little Rock, Ark. .. 30.18 42 Clear Los Angeles, Cal... 30.22 50 Clear Mobile, Ala 30.06 66 Rain New Orleans. La... 30.10 62 Cloudy New York, N. Y... 30.20 62 Cloudy Norfolk, Va 30.24 04 Clear Oklahoma City ... 30.34 24 Clear Omaha, Neb 30.28 18 Clear Philadelphia. Pa.. 30.20 62 Cloudy Pittsburgh, Pa. .. 29.86 66 Cloudy Portland. Ore 30.14 ■36 Rain Rapid City, S. D... 30.50 • —2 Cloudy San Antonio. Texas 30.28 42 Clear San Franciseo, Cal. 30.32 44 Clear St. Louis. Mo 30.08 34 Snow St. Paul. Mluu.... 30 18 18 Cloudy Tampa, Fla 30.14 70 Cloudy YY’ashington, D. C. 30.16 Cl Cloudy —Below zero. YVEATHER CONDITIONS. The disturbance which lias been in the central valleys during the past two days, is now moving northeast nurd across tile Lakes region. Since Friday morning It lues caused a continuation of rains thence southward to the Gulf coast, and the fails were heavy in many places in the middle Mississippi and Ohio valleys. Temperatures are fulling rapidly in the rear of the disturbance from the Lukes to the Gulf, and the rain Is changing to snow. The most extensive area of cold weather of the season now covers the country from the middle Mississippi River States to Pacific Ocean. Freezing temperatures are reported from central Texas and killing frosts in southern Arizona and the valley of California, while readings of 26 degrees below zero occurred last night in parts of Montana and Saskatchewan. YVIIITE RIVER CONDITIONS. At 7 a. m. today stages in YY'hite River were as follows: Anderson, 9.6. rising; Nobiesville, 12.6, rising; Indianapolis, 13.4, rising; Eliiston. 19.0, rising; Shoals, 11.0, rising; Decker, 8.0. rising. The heavy rains over the YY’hite Y’alley will cause further rises of several feet at all stations, reaching about flood stage or slightly above at Nobiesville, Anderson, and to 23 or 24 feet at EUiston within thv next twenty-four hours. J. 11. ABMINOTON, Meteorologist, YVeather Bureau.

NEWS OF DAY REFLECTED IN STOCK MARKET ■ Surtax, Disarmament Conference and Judge Gary’s Speech Impress. SOME ISSUES ARE FIRM Special to Indiana Daily Times and Philadelphia Public Ledger. By MONITOR. NEW YORK, Nov. 19.—Conflicting influences were prsent in stock market and price swings reflected the same confusion of sentiments that has been such a marked characteristic of recent sessions. Before the opening quite a number of j bearish opinions were in circulation. ; These were based chiefly on the rejection i by the House of the President’s suggestion for a 40 per cent maximum surtax and adoption of the 50 per cent rate. In addition to this the appearance of counter' demands at the disarmament conference ' gave less encouragement for the speedy : adoption of a concrete program. Consid--1 erable interest also was attached to the I address of Judge Gary before the Amerl- ! can Iron and Steel Institute and the porj tion of the speech that seemed to be most impressive was the statement that while ! steel orders liad doubled over the recent low rate, the proflts were still little or nothing. In spite of reactions here and there, the market gave an appearance of firmness and. In many cases, strength. Marine preferred ran up sharply on reports circulated, but later denied, of large payments by the shipping board. Among the oils the Pierce Oil issues were strong. Chesapeake & Ohio advanced in response to the dividend restoration nnd various specialties rau up sharply. Among these were Davison Chemical, United Fruit. American Telephone and Telegraph and Federal Mining and Smelting preferred. Crucible acted best of the steels largely as a result of the helpful statement issued by the president of the company. Little attention was. paid to the further gain in the Federal Reserve ratio which tiring- tlie figure up to the new high of 71.S per cent. lucreascd deposit liabilities are offset by a gain in gold holdings and a comfortable reduction in note circulation -Copyright, 1921, by Public Ledger Company. WALL STREET GOSSIP. By MONITOR. Resumption of dividends by C. and O. were rather clearly Indicated by action in the case of Hocking Valley. Announcement, therefore, that the directors had declared u dividend of 2 per cent payable Jan. IS, 1922. to stockholders of record Pee. 2, merely came as a cou.irmatlon of recent hopes. Further reductions in railroad rates will be postponed by the carriers until these are warranted by wage reductions. At least this is indicated by the aninmueoment from the Association of Railway Executives. At the same time railroad management holds forth a moHt tempting lad a ement for wage cuts to be sanctioned by the labor board in the form of rate reductions that would aggregate about S.’loo.<HHl.ooo annually in ad dltion t*> the $.'>5,000,000 resulting from the cut iu grain rates. U. 8. Industrial Alcohol responded to the announcement of the passing of dividends I*v a break of three points, thus It.. Heating that the action of ttie directors hnd not been iuliy discounted. In view of the business depression and the effects of prohibition on the fortunes of the company, the Street is not at all hopeful about the prospects for an advance iu the stock. One of the strongest issues was Inter- I national Mercantile Marine preferred which Hiivanced more than four points on the reports that payments sggregat.ng $26,000,000 by the shipping board were under favorable consideration. Y quietus was given to these rumors by officials of the company v ho said that except for a relatively small balances, International Mercantile Marine had received 1 ayinent on all its claims against the Gov eminent. Tills announcement caused a moderate e-t back fr.un the high, but the stock came back rather strong on the close, probably on professional short covering. There was further selling of Ajax Rubber on reports that the company contemplated a bond issue to take care of bank loans maturing in December. Rome reports place these obligations as high as $5,000,000, but the aggregate 1h believed to be somewhat less than this. Undoubtedly much of the recent buying of Corn Products has been based on favorable expectations from the company’s new plant at Kansas City, which it is thought will be ready for operation early in th 4 coming year. It was thought the plant would cost about $7,000,000, but recent estimates place the figure at $4, 000,1 "Hi owing to economies resulting from the lower cost of real estate, balding materials and other items of construction The estimated capacity of the new plant calls for a grinding of 25.000 bushels of corn dally bringing the company's total capacity up to about 170,000 bushels a day.—Copyright, 1921, by Public Ledger Company.

In the Cotton Market

NEYV YORK, Nov. 19. —Prices were steailj at an advance <•£ 1 to 2 points at the opening of the cotton market today, with only a small local trade. Liverpool was the best buyer and with local shorts, s’upplied the chief support. Later, the market sold up 12 points over yesterday’s close on all active positions. The South was a moderate seller for hedging purposes. New York—Opening cotton prices; December, 16,'jOc; January, 10.70 c; March, 16.78 c; May, 16.65 c; July, 16.35 c; August, 16.05 c bid; October, 15.50 c. The market was irregular iu tl.o late dealing*, but closed strong at a net advance of 26 points to a net decline of 5 points. —Cotton Futures— Open High Low Uloße Jan 16.70 16.98 16.70 16.92 March 16 78 17.00 10.77 16.93 May 10.05 10.80 10.62 10.73 July 10.35 10.49 16.18 10.23 Oct 15.0-1 15.05 15.45 15.43 Dec. 10.90 17.18 10.90 17.15 —Cotton Review — NEW YORK, Nov. 19.—The market today was only moderately active, but displayed fair stability and notwithstanding the rather pessmistic reports from the English cotton trade shorts here were on the defensive and there was only a moderate amount selling from the 8011th. The trade should pursue a course of conservatism at tills level of values. If they encourage unnecessary declines by withholding support, they will force planters to keep down the acreage next year and then with last year’s surplus stocks gone they may meet a problem far more serious than what they have experienced in recent years. The present price of cotton is reasonable under prevailing conditions and as we anticipate improving business conditions next year we are of opinion that the opportunities are on the long side and would buy on the reactions. CLEVELAND PRODUCE. CLEVELAND, Nov. 19.—Butter—Extra. iu tubs, 49V6%50c; prints, 50%@51c; extra firsts. 48Vk%49c; firsts, 47 1 ..©48e; seconds, 39%40e; packing stock, ’JO l *)® 27V-sC. Eggs—Fresh gathered northern extras, 59c; extra firsts. 58c; Ohio firsts, new cases, 55c; old cases, 53c; western firsts, new eases. 50c. Poultry—Live, heavy fowls, 22%24c; light fowls, 16% 18c; light springs 17%18c; live spring ducks, 25%28e; turkeys, 37@38c. Potatoes —Michigan, $3 per 150-ib bag; Early Ohio, $2.80. Sweet potatoes- Jerseys, $3.60 per barrel; $2.25%2.50 per hamper. NEYV YORK PETROLEUM. NEW YORK, Nov. Ift.—Petroleum prices were firm in trade on the market here today, Pensylvania crude petroleum selling at $4 per barrel. NEW YORK TURPENTINE. NEW YORK, Nov. 19.— Turpentine sold at 80c per gallon in trade on the maiket here today.

INDIANA DAILY TIMES, SATURDAY, NOVEMBER 19, 1921.

Stock Market Review

NEW YORK, Nov. 19.—Strength in specialties on an unusually large scale of transactions absorbed most of the Interest in the New York stock market in the two hours session today. New favorites such as California Packing. International Paper and one or two of the low priced oils became the center of speculative attention while some of the Issues which advanced sharply earlier in the week were comparatively neglected. The market closed strong. Transactions ran close to a million share rate, maintaining the pace of the two previous sessions. But, despite the heavy volume of dealing, it was noticeable that the general list failed to gain ground on stocks like Studebaker, I’ull man nnd Mexican Petroleum. These stocks, which were the leaders of the recent advance, displayed a heavy tone. Tills was a perfectly natural development in view of the extensive character of the advance. Experienced observers pointed out that a reaction of the present stage of the market would in no way lead to the theory that a major upward movement is now in progress. Railroad stocks kept up the strength, which has characterized their recent market action. In this group the St. Paul issues, Canadian Pacific and Union Pacific were the leaders, while the whole carrier list continued to reflect the good feeling engendered by the action of Chesapeake & Ohio in resuming dividend payments.—Wall btreet Journal.

N. Y. Stock Exchange

(By Thomson & McKinnon.) —Nov. 19. I*>ev. High Low Close Close Allied Cherr. 48>,4 48V4 48>4 48 Ajax Rubbei .. 18 17% 17% 17% Allis-Chalmers.. 36% 35% 36% 36 Am. Agri 32% 32 32 33 Ain. Beet Sag... 30 29% 30 20% Am. Car Fdy...l3S 138 138 137% A run. Can 31% 31% 31% 31% Am. 11. AL. com 11% 11% 11% 11% Am. 11. &L. pfd. 50% 56% Oil' s 56% Am. Ice 9% 69% 09% 69 Am. Hit. Corp... 35% 38 3s 38% Am. Loco 11% 94% 94% 94% Am. Smelt. A Ref -1% 40% 41% 40% Am. Sugar Ref. 50% 55% 50 55% Am. Sum. Ton. E 2% 32 32% 32% Am. Steel Fdv. 32 31 32 31% Am. Tel. A Teh. 11’% 116% 117% 110% Am. Th 12’% 125% 125% 125% Am. Woolen .. 79% 79 79 79% Atl. Pete 12 ‘j 22% 22% ..... Anaconda Cos 44% 44% 44% 44% Atchison 87% 87 87 87% Atl. G. A W. I. 30% 31% 32 32% Baldwin L0c0... 90 95% 95% 90 B. .V 0 37% 37% 37"s 37% Beth Steel 1t.... 55% 54% 54% 55% Cal. Pete 43% 42% 43 42% Can. Pac. lty. ..117 116% 116% 116% Cent. Lea 32% 32 32% 32 Chandler Mot... 45% H% 4.W, 45% C. A 0 59% 5->% 59% 59 C.. M A St I*.. 21 23% 21 23% CMSTP. pfd... 37-% 37% 37% 27% Chi. A NYYVs’rn 09% OS 09% 09% C.. K. I. A I*. 3.3% 33% 33% 32% CRlAi’. 0% pfd. 09% 09% 09% t’9% Chill Copper ... 12% 12% 12% 12 v Chino Copper.. 20% 20% 26% 20% Col. Fuel A 1... 25 24% 25 Columbia tins.. 03 02% <2l 02% Columbia Graph 4Vs 3% 4% 4 Consolidated G. 92 92 02 91% Cosden Oil 34% 34 34 34% Corn Products. 89% 89% 89% 89 Crucible Steel. 07 05% 60% 00% Cuban A. Sugar 15% 15% 15% 15% Cuban C. Sugar 8% 8% sc. s% riel. A Hudson 110 100% 109% 109% Del. A Lack.. ..112% 111% 111% 111% Erie 12% 12 12% 12% Erie Ist pfd. .. 18% 18N, 18% 18 „ Famous Players 6s 07 07' . 08 Elsk Rubber C. 10% 10% 10% 10% Hen. Asphalt . 05 04 04 04% Hen. Cigars ... 00% 00% on'. Op , Hen. Electric .135 134% 125 135 Gen. Motors .. 11% 11% 11% 11% Goodrich 31% Si 1 -® til 1 . 31% G’t. Noth. pfd... 74% 7i 74 7! (it. North. O. . 33% 33% 33% 33% Houston (Mi ... 'B% 77% 77% 77% Haskell Barker 79% 79 794* 7.. In. Crpper .... 37% 3T% 37% 27% in dll K% 10% 10% 10% lndiuhoma 3% 3% 3% 3% Inter Harvester. 78 78 78 77% inter. Nickel .. 12% 12% 12% 13 ; Inter. Paper .. 57% 55% 50% 56 ] I. 011 & Trans. 8% 33 3% ! Kansas City S.. 24% 21% 24% 24% I K. Spring Tire 40% 4’% 40% 41% Kotin. Copper . 21% 24% 24% 21 Lack. Steel ... 42% 41% 42 42% ' Lehigh Valley . 50% 50 56 50% Lee Tire 27 % 27% 27% 27% I.owes Inc 15 14% It% 15 Loft Candy 9% 9% 9% 9% Marino com .... 12% 12% 12% 13 Marine pfd 57% 56% 50% 5-8%. Mout-Wurd 10 15% 10 10 Maryland Oil.. 29% 29 29% 29% Me*: pete 114% 113% 113%' 113% Miami Copper.. 25% 25 25% 25% Mid. S. Oil 16 1 1% 16 1 l 1 Midvale Steel.... 24% 24% 24% 25 Mo. Pacific 19% 19% 19% 19 Mo. Pacific pfd. 43% 43% 43% 43% Nat.B. & Stamp 38 87 38 36% Nut. Lead 81 % 81% 81% 81% Nov. Con. Cop.. 13% 18% 13% 13% N. Y. Airbrake.. 55 55 55 55 N. Y. Central.. 73 1 % 73% 73% 73, New Haven 13% 13% 13", 13% Norfolk A West. 97 1 97 97% 97% North, 1’ac..... 78% 78'.j ~s% 78% Pierce Oil 13% 12% 13 13% l’ac. Oil 54% 44% 41 % 44% Pan. Amor. Pet. 31% 50% 51% s<'\ Penn a. II y 35 35 35 85 People’s Has 54% 51% 54% 55 Pittsburgh C"al r-s% 5®% 58% 55% Pullman Pal. C 112% 110 111 113 Pure Oil 3(1% 36 36 14% Reading 72% 72% 72% 72% Rep. I A Steel 49 -19 49 4ft'i Replngle Steel. 21 21 21 21% Roy. i>. of N. Y. 47 46% 46% 47% Senrs-Roebuck.. 00% 00% 60% 67 Sinclair 23% 2.3 % 23% 23% So. Pacific. So 79% 79% 79% So. Ity 20 19% 20 19% St.L.&S.W. Ry.. 22 21% 21% Std. Oil, N. J. . .171'4 171 171% 171 St.I,AS F. com. 22 2t% 21% 22% Studebaker 75% 75% 75% 75% Tex. Coal A Oil. 30% 30 30 80% Texus Cos. 46% 4.t% 4040% Tex. A Pac 23% 23Vi 23", 23% Tob. Prod 00% CO 00% 00 Trans, (til 11% 10% 10% 10% Union Oil 21 20% 20% 21 Union Pac 121',. 123% 124% 124% United R. S. ..33% 51% 63 51% United Fruit C 0.124% 121 % 122% 121 United Drug .. 73% 73% 73% 73% U. S. In Alcohol 39Vi 39 89 39% U. S. Rubber.. 49 45% 48% 49 U. 8. R. pfd... 90 90 90 92% U. S. Steel pfd. 82% 82% 82% 82% Utah Copper 57% 57% 57% 57% Van. Steel 80% 30% 30% 30% Vtr Car. Chem... 31% 31% 31% 31% YVabash 7% 7 7 7 Wabash Ist nfd. 20% 29% 20% 20% W. Maryland... 9 8% 8% 9% West. Union ... 90 00 90 89% W-Overland ... 0 0 0 5% Wilson A C 0.... 30 30 30 Worth. Pump.. 43% 43% 43% 44 White Oil 14% 14 14% 13% West. Pacific... 20% 20’% 20% 20% NEW YORK LIBERTY BONDS. —Nov. 10.— Prov. High Low Close Close L. B. 3%s 95.24 95.12 95.20 95.10 L. It. Ist 4s 94.88 94.72 L. B. Ist 4% .. 05 30 04.80 95.10 94.84 L. B. 2nd 4%s .. 94.70 94.66 9 4.76 94.64 L. B. 3rd 4%s .. 06.40 96.32 96.32 00.30 I>. B. 4th 4%s .. 9 4.90 94.78 94.88 94.70 Victory 3%s 99.90 09.80 00.90 99.8(1 victory 4%s .. 99.92 90.80 99.92 09U90 CHICAGO STOCKS. (By Thomson A McKlnon.) —Nov. 19Open. High. Low. Close. Armour pfd 93% Arm. Leather.... 124<s Car. A Carbo... 45% 45'% 45 45 Libby 7'% 7% 7 7 Nat. Leather.... 33% 33 l’lggly Wiggly.. 19'% 19% 18% 19 Stew-Warner ... 24 : Swift ACo 98% 99 08% 99 Swift Internat.. 22 22 21% 21% NEW YORK HIDES. NEW YORK. Nov. 19.-—Hide swore firm in trade on the innrket here today, native steer hides selling at 15c and branded steer hides at 14V4@14%c per pound. NEW YORK WOOL. NEW YORK, Nov. 19.—W00l prices were again steady in trade on the market hpre today, domestic fleece, XX Ohio, selling at 23@38c, domestic pulled, scoured basis, at 40%75c per pound. NEW YORK RICE. NEW YORK, Nov. 19.—Rico was in fair demand at steady prices in trade on the exchange here today, domestic selling at 3@7%c per pound.

STOCK MARKET CLOSE IRREGULAR Price Movement Is Mixed During Final Hour of Trade. NEW YORK, Nov. lb.—The stock market closed irregular today. Price movements in the last hour were mixed, a number of stocks receding under profit-taking sales. Many of the specialties continued in demand and closed around the highest of the day. The sugar stocks were strong features, especially Punta-Allegre Sugar, which was up 2 points. The Mexican government 5s were active and strong, moving up 0 points to SS, and the 4s rose 4 points to 41%. Government bonds were unchanged and railway and other bonds steady. Total sales of stocks were 4-15.800 shares; bonds, $9,339,000. The total sales of stocks for the week were 4,709,200 shares; bonds, $93,440,000. (By Thomson A McKinnon.) —Nov. 19— The greatest percentage of today’s activity centered in the group known as the low-priced oils. This overshadowed the market, although a few issues in the remainder of the list responded to renewed demand. Among these may be mentioned International Paper, Retail Stores, American Telephone and Telegraph and Southern Railway preferred. It. is a fixed habit among professional traders to reduce commitments at the end of the week, and this is no doubt responsible for the quietness and iu soma instances recessions in the active issues. * But In n instance do we find a recession of consequences. The market seems to hold advances well, and suggests perfect confidence among the many new buyers who have entered the market recently. , As we view conditions, wo are more than likely to meet with many favorable developments during the coming year, because we have successfully passed through the most trying period in the history of the market. A year ago every dividend was in doubt, and many were passed and many reduced. llow different conditions are today, when you see announcements of companies resuming dividends, and this, of course, means that business is becoming more profitable and corporate management sees a clear road ahead. At tlie same time, we feel that a word of caution is not out of place at this time. All stocks are not of the same degree of merit, and prospects of better times should not bo taken as an excuse for the indiscriminate purchase of all. There is the same difference in stocks as you find In individuals. Some uro high class and others are less so. If operations will be limited to companies that have established records for conservation and profitable operation*! under normal, rather than war conditions, then the buyer will lie pursuing a course that will ultimately lead to profitable results. TWENTY STOC K AVERAGE. NEW YORK. Nov. 19. Twenty Indus- ' trial stocks Friday averaged 76.94. off .13 per cent. Twenty active rails averaged 74.45, Up .28 per cent. (LEAKING HOUSE STATEMENT. NEW YORK, Nov. 19 Exchanges. $772,300.00(1; balances, $77.690,000; Federal; Reserve Bank credit balances, $53,400,1)00.

Money and Exchange

Indianapolis bank clearings Saturday were $2,491,000. Clearings f>>r the week c ding Saturday were $20,230,000. NEW YORK, Nov. 19—The foreign exchange mart opened steady today, with demand sterling unchanged at $4.00%. 1 rate s were unchanged at 7 22%c for tables and 7_’l%e for clucks. Fire cables were l 17c; checks. 4 16c. Belgian in Id.-a were 7c; checks. 0 99c. Marks were "030. Guilder cables were 85.25 c : checks, 35.23 c. Sweden kronen cables were 23 40c; checks, 22.35 c. NEW YORK BANK BTATEYIENT. NEW YORK, Nov. 19.—Average*: l.nnnt, Increased $13.258,000; demand de posits, increased $30,974,000; time dopes its, increased $11018,000; reserve. Increased M1.264.(140. Actual: Loans. Increased, ssß.(H’>9.tKXl; demand deposits, |u- . re:iS"d M-'i.065,000; time deposits. increased $8,229,000; reserve, decreased $5,538,780. MOTOR SECURITIES. (By Thomson A McKinnon) —Nov. 19— —Closing—• Briscoe 9 in I’ackard coin 0% 0% I'ackard pfd 63 Peerless 38 39 Continental (’"tors com 5% 5% Continental Motors pfd 80 Hit Hupp com 10% 11% Iliii'li pfd 02 fts Ite<> Motor Car is‘, 18% Elgin Motors 3% 4% (.rant Motors 18, 1% Ford of Canada 24-4 218 National Motor com 28% National Motors 1% 3 Federal Truck 14 10 I’aige Motors .11 13 Republic Truck .... 7% ACTIVE OIL STOCKS. (By Thomson A McKinnon) —Nov. 19— —Opening Bid. Ask. Anglo-American Oil 19% 19% Atlantic Lobog 10% ib-s Horne-SorymaiT 320 340 Buckeye I’ipe Line 80 88 Ohosebrough Mfg. Cons 185 200 Continental Oil, Colorado.... 122 128 Crescent l’lpo Line 81 82 Elk Basin Fete 7% 7% Eureka I’ipe Line 85 89 Galena Signal Oil com 48 f>l Galena-Signal Oil, new...... 90 100 Illinois I’lpo Line 16h 172 Indiana l’ipo Line 82 81 Merritt Oil 11% 11% Midwest Oil 2% 3% Midwest Rig 170 ISO National Transit 20% 80% Ohio Oil 290 203 l’enn.-Mex. 24 27 I’rnlrle Oil nnd Ras SSO 590 Prairie I'ipo Line 229 238 Sapuipa Kofg 4 4% Solar Refilling 350 380 Southern Pipe Line 225 240 South Penn. Oil 02 05 Standard Oil Cos. of Ind 87% <87% Standard Oil Cos. of Kan.... 575 500 Standard Oil Cos. of Ivy 440 450 Standard Oil Cos. of Neb 180 100 Standard Oil Cos. of N. Y.... 370 374 Standard Oil Cos. of Ohio 400 410 Swan A Finch. 45 55 Union Tank Line 94 98 Vacuum Oil ...386 340 Washington Oil 35 40 NEW YORK CURB. (By Thomson & McKinnon.) —Nov. 19— —Closing— Rid. Ask. Acme Packing 85 90 Chirtis Aero com 1% 2 Curtis Aero pfd 10 14 Goldfield Con 4 0 Jumbo Extension 5 7 imperial Oil (Del) 10 10% Internat. Pete 10 16% Nipissing 0 6% Salt Creek 14% 14% Tonopah Extension 1% 1% Tonopah Mining 1% 1% United P S new 1% 1% U. S. Light A Heat 1% 17 10 U. S. Light A lieat pfd 1% 1% Wright-Martin 2 5 Yukon Gold Mine Cos 1% 1% Jerome 20 23 New Cornelia 15 15% United Verde 20% 27'% Sepoyah 6 10 Omar Oil 05 99 Rep. Tire 15 20 NEW YORK SUGARS. NEW YORK, Nov. 19. —Raw sugar values were steady in trade on the market hero today. Culms selling at 4.11 c per pound, duty paid, and Porto Ricos at 4.0025 c per pound, delivereed. Refined sugars were rather quiet, tine granulated selling at [email protected] per pound and No. 1 soft at 5:30c per pound. NEW YORK COFFEE. NEW Y'ORK, Nov. 19.—Coffee values were weak on the exchange here today, opening options being 3 to 10 points lower. Rio No. 7on spot sold at B%@%c per pound.

New York Bonds

.By Fletcher American Cos.) —Nov. 19— FOREIGN GOVERNMENT BONDS. Bid. Ask. Arg. (unlisted) ss, Sept. 1, ’45. 72 73% Belgian Cs, Jan. 1, ’25 95% 96% Belgian 7%5, June 1, ’45 103% 104.% Belgian Bs, Feb. 1, ’4l 104 104% Berne Bs, Nov. 1, ’45 100% 107% Chile Bs, Feb. 1. ’4l 100% 101% Christiania Bs, Oct. 1, ’45 100 107 Copenhagen 5%5, July 1, ’44. 80% 87% Danish Mun Bs, Feb. 1, ’40... 100 107 Denmark Bs. Oct. 15, ’45 100% 107% •Canadian 5%5, Dec. 1, ’22.... 90 " 91% •Canadian 5%5, Nov. 1, ’23.. 89% 90% •Canadian 5%5, Nov. 1, ’24... 88% 89% •Canadian ss, Dec. 1, ’25 B*l% 87% Canadian ss, Apr. 1, ’2O 95% 96% •Canadian 5%5, Dec. 1, ’27.... 90 91% Canadian 5%5, Aug. 1, ’29.... 90% 97% Canadian ss, Apr. 1, ’3l 91% 95 •Canadian ss, Oct. 1, ’3l 80% 87% Canadian 5%5, Nov. 1, ’33.... 90% 91,% Canadian 5%5, Nov. 1, ’34 88 89% Canadian ss, Mch. 1, ’37 92 93 •Canadian 5%5, Dec. 1, ’37... 91% 93 •French (Y'ict.) ss, Opt., ’31.. 55% 56% •French 4s, Opt., '43 45% 40% French Bs, Sept. 15, ’45 101 101% •Italian (war) 5s 31% 33 Jap (first) 4%5. Feb. 15, ’25.. 90 % 87 Jap (second) 4%5, July 10, ’25 86% 87 Jap 4s. Jan. 1. ’3l 70% 71 Norway Bs, Oct. 1, ’4O 106% 107% Sao Paulo Bs. Jan. 1, ’3O 100% 101 Swedish Cs, June 15, ’39 95% 96% Swiss 5%5, Aug. 1, ’29 05 % 90% Swiss Bs, July 1, ’4O 110% 112 V. K. 5%5, Nov. 1. '22 00% 99% V. K. 5%5. Aug. 1, ’29 06 90% U. K. 5%5. Feb. 1. ’37 94 94% Zurich Bs, Oct. 15, ’45 106% 107 Brazil 8s 102% 102% French 7%s 102% 102 TANARUS Uruguay 8s 101% 102% Argentine 7s 99% 99% •Internal Loans. CORPORATION BONDS. Bid. Ask. Alum. Cos. of Am. 7s. Nov., ’25.100% 101 Am. Cot. Oil 6s, Sept. 2, ’21.. 95% 96 Ain. Tel. os. Oct., ’22 100 100% Am. Tel. 6s, Feb., ‘24 90% 100 Am Thread 6s, Dec., ”28 99% 100% Am. Tob. 7s, Nov., "22 101 101% Am. Tob. 7s, Nov., ’2.5 101% 102 Anaconda 6s, Jan.. ’29 95% 95% Anaconda 7s. Jan., '29 100% 100% Anglo Am. Oil 7%h, Apr., ’25.103% 103% Armour Vs, July 15. 30 102% 102% Atlantic Ref. %. Mch., ’31..101% 102% Beil Tel. >.f Can 7s. Apr., ’25. 99% 100% Beth. Steel 7s. July 15, ’22... 100% 160% Belli Steal 7s, July 15, '23...169% 100% Can. Pac. 6s, Mch. 2. 21 99% 100% Cent. Arg. Ry. 6s, Feb., '27.. 92 (’., It. I. A- I*. 6s, Feb., ”J 2... 99% 100% Con. Gas Bs, D‘-c., ’2l KM) 100% Cop. Exp. Bs. Fed). 15, ’22 100% 101 Cop. Exp. Bs. Feb. 15, '23 lnl% 102% Cop. Exp. Vs, Fell. 15. ’24.... 102% 103% Cop. Exp. Bs. Feb. 15, ”J 5 103% 103% Cudahy 7s, July 15, '2.3 100 100% Fed. Sugar 6s. Nov., '2l 90% 97% Goodrich 7s, Apr.. ’25 97% S'7% Gulf Oil 6s, July, ’23 99% K'o% Gulf Oil 7s. 1,0. 102% 102% Hocking Vul. 6s, Mch., ’24. 97% 98 Humble oil 7s, Mch. 15, “23.. 99% 1(H) let. It. T. 7s Sept.. ”21 75 77 K. C. Term 6s. Nov. 15. ”2.3 90% 100 Kean. Copper 7s, Fell., ’30... 99% 99% Laclede Has 7s. Jan.. '29 95% 95% Pr c. V G. 7s, Mch., 22 100% 100% Proc. G. 7s M.-h , '2.3 101% 100% l’llb. Ser. N. J. ,Ts, Mch, ’22.. 98 % 98% R J. Reyuulds 6s, Aug.. '22.. 100% 190% Sears Roebuck 7-, Oct. 15. 22. PH) 100% Sours-Roebuck 7s, (>-t. 15. '23 100 100% Sinclair 7* •. Mav 15, '25.... 98 % 98% Solvay A Cl- Bs. Oct . ”27 102% 103% South. Itv. 6s, Mch., '22 99% 99% S. W. Bell Tel. 7s. Apr.. ’25... lon's, 100% S:d Oil 1 ('ni. i 7s, .Tan., '.31 105 , 106% St. Oil (N.Y.i 7s. Jail., ’25 ’31.103% 108 St Paul U. IU 5%5. Dec. 15, '2.3 95% 99 Swift 7s, Oct. 15. ’25 100% jooa^ Texas Cos. 7s, M h. 1, ’23 101% I'TJ% Utah Sec. (is, S-Jt. 15, '22 97% Js% West. El. 7s, Apr . ”25 103 lu; , Westlnghousc 7s, May, 31 195% 106%

Local Stock Exchange

—Nov. 19STOCKS. Bid. Ask. ind. Ry. A Ltght com 60 60 Ind. Ry. A Light pfd 75 Indpls. A S. E. pfd In dpi*. A N. W. pfd Ind jls. St. Ry 30 41 T U, T. A I. pfd *O% ... T H , I A E. pfd 15 T .11, I. A E com... 5 Ir. ( f ind. com 1 U. T. of Ind. Ist pfd 7 l T. of Ind. 2d pfd 2 Advance Kumeiy com Advance Bum *lj pfd Am. Creosotlng pfd 91% ... Am. Central Life ... Belt R. B. com 58 Belt R. It. pfd 42 Century Illdg. Cos. pfd 91 Citizens Gas Cos 24 Dodge Mfg. Cos. pfd 88 Home Brewing 54 04 Ind. Hotel co in 00 ... Ind. Hotel pfd 93 Ind. Nat. Ins Cos 3%, Ind. Title Guar. Cos 47% ... Ind. Pipe Lines si Indpls. Abattoir pfd 40% 50 Indpls. Gas 42% ... Ind la Tel com 2 Indpls. Tel. pfd 90 Mer. Pub Util, pfd 41% ... Nat. Motor Car Cos 1% 4 Pub. Suv. Ins. Cos 4% ... Ranh Fertilizer pfd 40 Stand. Oil of Indiana ....... 86 Sterling Fire Ins. <’o 0% 7% Van Camp Ildw. pfd 90 101 Van Camp Prod. Ist pfd 101 Van Camp Prud. 2d pfd 101 Vnndniia Coal Cos. com 4 Vnndnlla Coal Cos. pfd 5 9 Wabash Ity. com 6 9 Wabash Ry. pfd BONDS. Broad Ripple 5s Citizens St. lty. 5s 65% 72 Indian Ck. Coal A Mltio 100 Ind Coke & Gas Os 89 Indpls., c. A 8. 5s 90% ... Indpls A Mnrtinsv. 5g 94% ... Indpls. North. 5s 37 43 Indpls. N. W. 5s ... Indpls. A S. E. 5s 45 Indpls. A S. E. 5s 75 indpls. St. Ry. 4s 49% 54 itidpis. T. A T. 5s 68% ... T. H , I A E. 5g 40 U. T. of Ind. 6s 47% ... Citizens Gas Cos. 5s 77 83 Indpls. Gas 5s 74% .81 KoU. M. & YV. 5s 77% 79% Ind. Hotel Cos. 2d Os 03 ... Indpls. L. & H. 5s 78% 80 Indpls. Water Cos. 4%s 72% 78 Indpls. Water Cos. 5s 91% Mer. H. A L. 5s 92% ... New Tel. Ist 0s 04 New Tel. L. D. 5s 93% ... Sou. Ind Power 5s 89 LIBERTY BONDS. Liberty Ist 3%s 91.96 95.40 Liberty Ist 4%s 94.76 95.00 Liberty 2d 4%s 94.00 04.90 Liberty 3d 4%s 96.40 90.70 Liberty 4th 4%s 94.70 05.00 Y'tctory 3%s 89.50 100.00 Victory 4%s 09.56 100.00 INDIANAPOLIS PRODUCE. Battler Local dealers are paying 41@ 42c per lb. for butter delivered in Indianapolis. Eggs—Loss’off 54@55c. Butter—Packing stock, 19@20e. Poultry—Fowls, 1 fl(fj 22c; springs, l(S($17e; cocks, ll@I2e; stags, 12(q, 13c. young hen turkeys, 8 lbs. and up, 35c; youug tom turkeys, 12 lbs. and up, 35c; old tom turkeys, 30c; cull thin turkeys not wanted; ducks, 4 IDs. nnd up, 21(}J22c; spring ducks. 3 lbs. and up, 20@220; geese, 10 lbs and up, 18c, rabi its drawn, per dozen, $2.50; squabs. 11 lbs. to dozen. $5; young guineas, 2 lbs. size, per doz., $9; old guineas, per doz.. $5Buterfat—Local dealers are paying 40 ®4le per pound for all butterfat delivered in- Indianapolis. TOLEDO SEED PRICES. TOLEDO, Nov. 10.—Cloverseed—Cash and December, $12.65; January, $12.75; February, 12.75 asked; March, $12.6.’. Alsike—Cash, $10.90; December, $ll.OO asked; February, $11.15; March, $11.20. Timothy—(’ash. $3.02%; December, $3.05; January, $3.07%; February, $3.15; March, $3.20. WHOLESALE FEED PRICES. The following are today’s wholesale prices for beef cuts as Sold by the Indianapolis markets of Swift A Cos.: Ribs—No. 2 ,18c; No. 3,14 c. Chucks— No. 2,9 c; chucks, Bc. Plates—No. 2,0 c; No. 3, Bc. Loins—No. 2,28 c; No. 3,22 c. Rounds —No. 2. 15c; No. 8,12 c.

GRAINS SUFFER SHARP BREAK Snow and Other Favorable Weather Causes Declines. CHICAGO, Nov. 19. —Grain prices, after an advance at the opening, dropped sharply just before the close of trading on the Chicago Board of Trade today. Heavy purchasing by commission houses caused the early advance. Snow and other favorable weather of the wheat belt resulted in the decline. Provisions were higher. December wheat opened up %c at $1.08%, and closed down %c. May opened unchanged at $1.14% and closed I down lc. December corn opened unchanged at 49%c and closed off %c. May opened up %c at 54% and closed off %e. December oats opened unchanged at 33%c and closed down %c. May oats opened unchanged at 3S%c and closed off %c. (By Thomson & McKinnon.) —Nov. 19Wheat—Strength In wheat yesterday gathered from unfavorable crop news from Argentina nnd Australia was apparent In the early market, but during the day private advices claimed damage in Argentina was exaggerated, saying also that prospects were favorable except portions of the West and North. Export trade remains slow; no reports of business being received so far. The lielgiun government is selling its holdings at | public auction. The price quoted in Ant- ■ werp is equal to 1 cent under Chicago for December. Cash wheat continues relatively firm for the reason that it is not offered freely. Flour trade is con- ; slderod a little slow. Kansas has reI ceived no precipitation of importance, the morning map showing clear and cold weather, but elsewhere, especially east of the Mississippi, rain and snow have been general. Crop news from southern hemisphere will be of more importance than the export trade, f-r the time lining. Corn and Oats —The seaboard demand for cash corn is insistent and buyers are compelled to advance premiums in order to meet their requirements. Both Corn nnd oats have displayed an unuunal firmness for several weeks, despite periods of weakness in wheat. It can lie reasonably j argued from this that all arguments of ’ a bearish nature have been fully dis- ' counted. This being so the time has come when developments of whatever na- , ture should favor the Investor. This feeling is growing and Interest is rej vived. YVe believe all depressions offer 1 opportunities for the patient investor. Provisions —There is, at all times, a ; noticeable lack of offerings in the pro- ; visions market, which suggests that liquidation has been thorough. The situation in this market is about the same ns in corn and oats, all arguments for ! lower prices being fully represented in the present lex r el of prices. CHICAGO GRAIN TABLE. —Nov. 19— YY’IIEAT — Open. High. Low. Close. Dec 1.06% 1.10 1.07 Vi 1-07% Mav 1.11% 1.12% 1.10 1.10% CORN— Dec 49% .49% ,45% .46% May 04 % .55% .53% .53% OATS— Dec 33% .33% .33% .33% Mav Sb% .38% .38 .38% PORK j *Jan 14.00 iLARD—i Jan 6.40 8.42 840 8.40 May S.SO 8.87 6.80 8.52 RIBS—•Jan 7.12 I May 7.50 7.53 7.50 7.50 I RYE— Dec 82 .82% .81 .Sl% May 80% -67% .83% .85% •Nominal. CHICAGO CASH GRAIN. CHICAGO, Nov. 19.—YY’heat —No. 2 hard winter, $1.10; No. 1 northern dark soring. $1,32%. Corn—No. 3 white, 500 50%o? No. 2 yellow. 51c; No. 4 white, 49 %4i 50c; No. S yellow. 50 and 50%e; No. 4 velfitw, 49%'tj,50%e. Oats—No. 2 xyhite, 35tfi37%c; No. 5 white, 33%@35c; No. 4 white, 32%33c. TOLEDO GRAIN I’RTCF.S. TOLEDO. Nov. 19. —YVheat —Cash, $1 23: December, $1.23; May, $1.28%. Corn— Cash, 52’<( 53>\ Oats - Cash, 3- %@4o%c. Rye—Cash, 81e. Barley—Cash, 04c. PRIMARY MARKETS. (By Thomson .t McKinnon) Nov. 10.— —Receipts— Wheat Corn Oats St Jon 30.000 18.000 Chicago 05,000 214,000 129,000 Milwaukee 14.000 44.000 Minneapolis .. 252.000 32.000 113.000 Duluth 140.000 15.000 ... St Louis .... 50.000 69,000 34,000 Toledo .. 22.3.0K> 10,000 6,000 Detroit 2,000 2.000 4.000 | Kansas City.. 184.000 30.000 8,000 Peoria 8,000 36,000 40.000 Omaha 28.000 48,000 14,000 Indianapolis.. 4,060 75.600 32,000 Totals 1,0.34.000 566.000 427.000 Year ago ..1,292,000 462,000 513,000 —Shipments— YVheat Corn Oats St Joe 5,000 7.000 2.000 Chicago 47.000 71.000 116.000 Milwaukee .. 7,000 10.000 95.000 Minneapolis .. 111.000 13,000 50.000 Duluth 880.000 170.000 243.000 St. Louis 56,000 53.000 33.000 Toledo 47.1W0 1,000 10.060 Detroit 7,000 Kansas Citv.. 156.000 15.000 26.000 Peoria 4.000 40,000 1 6.000 Omaha 53,000 27.000 30.000 Indianapolis.. 1.000 42,000 25.000 Totals 1.361.000 450.000 050.000 Year ago ..1,865,000 293.000 52.3,000 YY’heat Corn New York 570.000 Philadelphia 90,000 373,000 Totals 660.000 37,3.000 Year ago 986,000 148,000 INDIANAPOLIS CASH GRAIN. Nov. 12— Bids for ear lots of grain and hay at the call of the Indianapolis Board of ! Trade were: Corn—Firm: No. 2 white, 51%(iJ52%c; No. 3 white, s(><gslc; No. 2 yellow, fil%7j; 52%e: No. 3 yellow, s<>(gslo; No. 2 mixed, 50%%51 %e : No. 3 mixed. 49%50c. Oats —Firm; No. 2 white 37%%35%c; No. 3 white 35%([i30%0. Hay—Steady: No. 1 timothy, sl7® j 17.50; No. 2 timothy, $10.50@17; No. 11 light clover mixed, $16®1C.50; No. 1 clover, $19@20. —lnspections YVheat—No. 2 red, 1 ear. Corn —No. 1 white, 1 ear; No. 2 white, 1 car; No. 3 white, 5 ears; No. 4 white,' 3 cars; No. 5 white, 1 car; No. 6 white, 1 car; No. 1 yellow. 4 ears; No. 2 yellow, 1 ear; No. .3 yellow, 3 ears; No. 4 yellow, 9 cars; No. 5 yellow, 7 cars; No. 6 yellow. IS cars; No. 3 mixed. 5 cars: No. 4 mixed, 1 car; No. 5 mixed, 3 cars; total, 51 cars. Oats—No. 2 vhite, 2 cars: No. 3 white, 9 cars; No. 4 white, 3 cars; sample white, 2 cars; total. 16 cars. Hay—No. 1 clover mixed, 2 ears. BOARD OF TRADE STATEMENT. The weekly statement of the Indianapolis Board of Trade showing the output of flour by local mills, inspections for the week and stock in store, follows: COM PA RAT I Y'E STATEMENT. Output of flour— Bbls. Nov. 19. 1921 8,343 Nov. 12, 1921 7,534 Nov. 20, 1920 9.013 Nov. 22, 1919 12,767 —Bushels— Inspections for week— 1920. 1921. YY’heat 16.000 7.000 Corn 542.060 203.000 Oats 218.000 88.000 Rye 1,400 3,000 Hay—3 ears. STOCK IN STORE. Wheat. Corn. Oats. Rye. Nov. 19, 1921.328.510 286,000 382.600 5,660 Nov. 20. 1920.281.790 316.200 511.120 1.000 Nov. 22, 1919.483,470 133,070 237,420 37,740 WAGON WHEAT PRICES. Indianapolis flour mllis and elevators today are paying $1.07 for No. 1 red winter wheat; $1.05 for No. 2 red winter wheat and according to test for No. 8. Gats are quoted at 25c fei No. 3 white or better

Money to Loan on Mortgages STATE LIFE INSURANCE CO.

SWINE PRICES 10 CENTS HIGHER Cattle Values Steady to Strong, With Receipts Light. RANGE OF HOG PRICES. Nov. Mixed. Heavy. Light. Good Good Good 12. *7.25® 7.35 *7.25 *7.35® 7.50 14. i.ao 7.25® 7.35 7.50 15. 7.00® 7.10 7.00 7.10® 7.23 18. 7.00® 7.10 7.00 7.10® 7.25 17. 7.00® 7.10 7.00 7.10® 7.25 18. 6.75 6.66® 6.75 6.85® 7.00 19. 6.85® 6.90 6.75® 6.80 7.10 With receipts around 7,000 and the demand by both local packers and shippers good, swine prices were 10 cents higher generally in trade on the local live stock exchange today. Local packers established the market, buying the heavier grades of swine, while shippers followed the lead of the packers taking the higher grades. Trade was active and practically all of the receipts had been sold at an early hour ia the forenoon. Light swine brought $7.10 generally, but there were a few sales of that grade at $7.15 and a top of $7.25. Heavies, mixed and mediums brought $0.85 generally, but there were a few sales of mediums at $6.00. Pigs were in fair demand at $7.25 and would have brought even higher prices had the quality of stuff been on the market. Roughs brought $0.25 and down and stags $4.50W5.50. The bulk of the sales for the day were made at $6.55 to $7.10. There was a fair demand for cattle by one of the principal local packers, and, with receipts extremely light, vames were fully steady geenrally. There were, however, a few sales of cattle at prices that looked fully 25 cents higher than the same grade of cattle would have brought on the market of the previous day. Veal prices held firm, xvlth recelnts around 300 and the demand fair. The top of $lO on the market of the day before, was maintained. There were but few sheep and lambs on the market and the quality was extremely i>oor. Prices were considered steady for the quality of stuff that ivas offered for sale. HOGS. Best light nogs, 150 to 180 lbs. average $ 7.10 Over 30 liis 6.65® 0.73 150 to 300 lbs G.75@ 7.10 Sows 5.25® 6.25 Best pigs, under 140 lbs 7.25% 7.50 Top 7.25 Bulk of sales 6.53@ 7.10 CATTLE. Prime cornfed steers, 1,300 to 1,800 lbs 7.00@ 8.00 Good to choice tteers, 1,200 to 1.300 lbs 6.25@ 7.00 Good to choice steers, 1,100 to 1.200 lbs 5.75% 6.25 Good to choice steers, 1,000 to 1.100 lbs 4.50% 5.50 Common to medium steers SOO to 1,000 lbs 4.00% 5.00 Choice yearling steers 5.00%11.00 —Heifers and Cows— Good to choice heifers 6.50% 7.50 Medium heifers 5.00% 6.00 Common to medium heifers .. 3.50%4.75 Good to choice cows 2.25% 3.50 Fair to medium cows 1.00% 2.00 I'utters 1.50% 2.50 Canner3 73% 1.50 —Hulls— Good to choice butcher bulls. 3.50% 4.00 Bologna bulls 3.00% 3.25 Light bologna bulls 2.25% 2.75 Light to common bulls 2.00% 2.25 —Calves— Choice veals 9.30%10.00 Good veals 6.00% 9.00 Medium veals 6.00% 8.00 Lightweight veals 4.00% 6.00 Common heavyweight veals.. 3.00% 4.00 —Stockers and Feeders— Good to choice steers, under 800 lbs $ 4.50% 3.50 Medium cows 2.00© 3.00 Good cows 3.06'd 4.00 Good heifers 5.00% 7.00 Medium to good heifers 4 00% 5.00 SHEEP AND LAMBS. Ewes 2.00% 3.00 Bucks 1.50% 2.00 Choice ewes and wether lambs C. 50% 7.00 Seconds 4.50% 5.50 Buck lambs 5.00% 6.00 Culls 1.00% 3.00

Other Livestock

CHICAGO, Nov., 19.—Hogs—Receipts 8.000; market, active and sirong to 30 cents higher; bulk of sales. $6.70%6.85; top, s7.l< :; heavies. $6.75%6.90; mediums. $0.75%0.90; lights. $0.75%ti.90; light lights j $0 85%7.10; heavy packing sows, smooth, ; [email protected]; packing sows, rough, $5.73%6.15; pigs. $6.85©7.10. Cattle —Receipts, 1,500; market, slow steady. Sheep mid lambs —Receipts. 10,000; market, slow steady. CLEVELAND, Nov. 19.—Hogs—Receipts, 2.000; market, steady to 2o cents higher; yorkers, $7.73; mixed, $7.40% 7.50; mediums, $7.25; pigs, $7.75; n/ughs, $6; stags. $4. Cattle—Receipts, 300; market. slow and dull; good to choice steers, sß>>i>i; good to choice heifers, $5%6; good to choice cows, s4®s: fair to good cows, $37; 4; common cows, S2Co 3 : god to choice bulls, $4.50%3; milkers. $35%70. Sheep and lambs—Receipts, 1.500; market, 23 to 7>o cents lower; top, $8.70. Calves—Receipts, 200; market, 50 cents lower; top, $lO. CINCINNATI. Nov. 19. Hogs Receipts. 9.600; market steady to 10c higher; heavies to mediums, $7.10; lights, $7.50; pigs. $8; roughs, $5.50: stags. $l5O. Cattle —Receipts, 500; market steady; bulls w eak, calves, $lO. Sheep and lambs—Receipt*. 100; market slow; ewes, $1%3; choice lambs, $9%9.50; seconds, $7; culls, $1%5. EAST ST. LOUIS, Nov. 19.—Hogs—Receipts, 7,000; market, 5 to 10 cents higher; mixed and butchers, $G.90%7; good heavies, 56.90%7; roughs. $5.25ff10; lights, $7.10f(7.40: pigs, $7.10%8; bulk of sales, $0.90%7. Cattle—Receipts. 500; market, steady; native beef steers, $7%7.50; yearling steers and heifers, $t>%7.50: cows, $3.25%4.75; stackers and feeders. $3.25% 5; calves, 56%8; eanners and cutters, $1.50 (if3. Sheep and lambs —Receipts, none: market, nominal. EAST BUFFALO. Nov. 19.—Hogs—Receipts, 2.400; market active; yorkers, $7.40%7.75; pigs, $7.50%8.20; mixed, $7.35 5/7.50; heavies. $75; 7.33; roughs, $6; stags. 545J5. Cattle—Receipts, 025; market slow; shipping steers. $7.50%8; butcher steers. $7%7.75; heifers, $5.25% 7.25; cows, $1 255;,5; bulls. Sit'Ss.so; feeders. [email protected]; milk cows and springers, $40%135. Calves —Receipts, 650; market slow; cull to choice, $4.50%10.50. Sheep ami lambs—Receipts. 2.200; market active; choice lambs, $8.50%9: cull to fair. $46*5; yearlings, $4.50%6.30; sheep, $1.50614.25. PITTSBURGH, Nov. 19.—Hogs—Receipts, 4,500; market, steady on heavies; 25 to 35 cents lower on other grades; prime heavy hogs, sij.i)o%7; mediums, [email protected]; heavy yorkers, $7.50%7.60; light'yorkers, [email protected]: pigs. $7.i5%8; roughs, $5(1(6: stags, $4% 4.30; heavy mixed, 57.1507.25. Cattle—Receipts, less than 100; market, steady. Calves—Receipts, light; market, steady; veal calves, $10; heavy and thin calves. s3@6 Sheep and lambs—Receipts. 600 ; market, steady; prime wethers, $4,500/ 4.75; good mixed, $4.2504.00: fair mixed, $3.25(74; culls and commons, 75c®?1.75: choice lambs, $9. CHICAGO PRODUCE. CHICAGO, Nov. 19.—Butter—Receipts, 6151 tubs: creamery extras. 42c; firsts, 3.6/40c; packing stock, 236724 c. Eggs—--1! eeipts, 5.400 cases; current receipts, 501752 c; ordinary firsts, 43%47c; firsts, 50 (a r 3c; checks. 266728 c; dirties, 2S6T3Oc. Cheese —Twins, new. 19671944 c; daisies, 196/lftlac; Young Americas. 19(4@20c; longhorns. 196/ It) 1 %■; bricks. 186719 c. Live poultry—Turkeys. 35c; chickens, lSe; springs, 18c; roosters. 13c; geese, 21c; ducks, 22c. Potatoes —Receipts, 123 cars; YVisconstu YYbitPS, $1,656/1.75 per 130.-lb. bag; Mlnnesotas and Mlchigans, $1.05% 1.7 o; North Dakota Red Rivers $1.30. American Telephone & Telegraph Cos. 179TH DIVIDEND. A quarterly dividend of Two Dollars and Twenty-Five Cents per share will be paid oil Monday, Jan. 16, 1922, to stockholders of record at the close of business on Tuesday, Dec. 20. 1921. H. Treasurer.

11