Indianapolis Times, Volume 34, Number 167, Indianapolis, Marion County, 23 November 1921 — Page 11

MIXED TRADING WITNESSES FEW SHARP DECLINES Market Shows General Ten- * dency Toward Increasing Heaviness. STRONG SPOTS IN VIEW Special to Indiana Dally Times and Philadelphia Public Ledger. lly MONITOR. NEW YORK, Nov. 23.—Trading conditions In the stock market uere decidedly mixed and the result was a confused array of special strength and isolated weak spots. Pools made bullish demonstrations *n a few specialties, while the personal hand was apparent In other quarters where declines were registered. The general tendency was rathet plainly toward heaviness. Sharp declines took place in Crucible, Sears-Roe-bnck, Baldwin, Mexican Petroleum and United Retail Stores, but the last named three of these issues came back rather strongly and cancelled most, or all, of the early losses. During part of the session the rails were steady. Union Pacific reached its former high level of 124% and Missouri Pacific preferred made anew high level. There has been some talk of putting this stock on a dividend basis, but most of the buying has been based chiefly on the improved showing the road has been making in respect to earnings. In the oils the recent liquidation appears practienlly to have run its course, although bullish operations have not been resumed. Among the low priced shares Invincible was a feature. The strong spots among the specialties were represented by Davison Chemical and Gulf States Steel. In view of the reported probability that the new revenue bill would become a law today, it was expected the market would bring considerable selling for the purpose of establishing losses. So far as could lie observed, however, there was no indication rs heavy transactions of this character.—Copyright, 19:.', by Public Ledger Company. WALL STREET GOSSIP BY MONITOR. Sentiment grows more confused each day. Firms whose opinions carry weight express divergent views. There is agreement that the long trend of the market is upward. Dfferenees of opinion are confined to the immediate future. In some quarters it is hold there is considerable distribution of an important character in progress In anticipation of a sharp reaction which usually occurs between Nov. 13 and Jan. 1. The other view is that the narrow range is maintained for the purpose of tiring holders of stocks, thus encouraging their sale. If this latter view is correct, no serious reaction is anticipated. The hulk of the opinions inclined, however, to the theory of reaction. People's Gas of Chicago has been strong in recent markets. Buyers of the stock suggested there were intimations' from sources identified with the company that before the end of the year the former dividend of $8 annually may be declared. Earnings for the year ended Sept. 30 were equal to $0.87 per share.

United Retail Stores has been well sold for s.nue weeks past. The directors meet to act on the dividend in about three weeks and traders expect that the present $<J rate will be reduced. From sources close to the Whelan interest, it is declared the present dividend will be maintained. A large part of Retail Stores’ income is derived from its holdings of I'nited Cigar Stores, whose earnings have not been satisfactory in recent months. There is a persistent report that the Tobacco Products Corporation may issue some short term ob’U-t'ons and' retire about $1,000,600 of div.dend scrip. This scrip consists of $1.110.00i( bearing S per oent interest and $5G4.<00 paying 7 per cent. If the corporation could obtain funds on short term for less than 7 per cent, a saving would be effected. A director said bank loans are less than 52.00",(XX) while the corporation has open bank credits! of double that amount which have not been used. The official said earnings before taxes for ten months were more than $200,000 in excess oi the full year's 7 per cent dividend on the preferred stock, and the $8 a share on the 188,000 shares of common stock outstanding. Trading in tne new Missouri. Kansas and Texas Issues ha? been Inaugurated on the curb. The action of the directors of the New York Dock Corporation in declaring the semi-annual dividend of 2% per cent on the preferred stock and the same amount on the common w; s expected in well Informed quarters. It has been current gossip that there Is not an active stock on the board in which a pooi his not been organized. A

FINANCIAL. (Continued.) PERSONAL LOANS $lO TO S3OO This office Is operated under the supervision of the State of Indiana and was established for the purpose of providing a place where honest people can borrow any amount from $lO to S3OO without paying more than the legal rate of interest or without being imposed upon in any way. It Is only necessary that you are keeping house and permanently located. NO WORTHY PERSON REFUSED We do not notify your employer, neither do we make inquiries of your friends, relatives or trades people. You can have alt time necessary for repayment and pay only for the actual time you keep the money. Call and let us explain. No charges unless you borrow. Loans with other companies paid off and more money advanced at legal rates. IF IN A HURRY PHONE MAIN 2923 OR LI NCOLN 2450. SECURITY MORTGAGE LOAN CO. Rooms 203-7-9 Indiana Trust Bldg. 118 E, Washington St. Corner Vlr. Ave. LEGAL NOTICES. NOTICE TO TAXPAYERS OF THE CITY OF IXUIAXAPOI.IB OF THE DETERMINATION' TO ISSUE BONDS OR OTHER EVIDENCE OF INDEBTEDNESS FOR WOULD WAR MEMORIAL PURPOSES. Notice is hereby given to taxpayers of the city of Indiauapoiis. State of Indiana. that the city of Indianapolis by and through its common council by ordinance duly passed on the 3rd day of October, 1921. and approved by the mayor on the Cth day of October, 1021, determined to issue sixteen hundred bonds (ltiGO) of one thousand dollars (11.000) each, amounting to one million six hundred thousand dollars ($1,600,000.00); said bonds to be dated on the loth day of November, 1921, and be paybie on the Ist day of January, 1927; said bonds to bear Interest at the rate of six per cent (G%) per annum, payable semi-annually; said bonds are issued for the purpose of raising money with which the city by and through Its Board of Public M urks, alone or jointly with Marion Countv, Indiana, will acquire real estate and* interests therein to be dedicated and set apart ny sueh city and added to outlets five (5) and thirty-six (30i. in the city of Indianopolis which has lieret"fore been designated for use and dedicated by the .State of Indiana for World War Memorial and other public purposes, such real estate so to be acquired by the citv, alone or jointly with Marion County, Indiana, to be conveyed to the State of Indiana for World War Memorial and other public parposcs as provided by law. Charles w, Jewett, Mayor. SAMUEL ASHBY, Corporation CounseL ROBERT H. BRYSON, City .Controller. ,

f. Markets Closed All markets, both local and foreign, will be dosed tomorrow in observance of Thanksgiving Day. V J recently organized group In which it is understood considerable Southern capital is interested has been buying Gulf Staßs Steel, which, on top of its live-point advance Monday, advanced five points more yesterday. Profit taking brought a sharp reaction in the late trading. But the offerings were taken by the pool. With the announcement that the Mexican Petroleum Company and the Mexican Eagle Company would benefit jointly in the bringing in of anew well which is flowing 40,000 barrels daily, a flood of offerings came into the former stock. Tt was reported that practically all offerings of November-Deeember copper metal at 13%c have been taken and that the new quotation now is 13%@13%c per pound. Domestic buying has slackened on the advance, and Japan has withdrawn from the market. Germany and Prance, however, are still purchasing Copyright, 1921, by Public Ledger Company,

N. Y.Stock Exchange

(By Thomson & McKinnon.) —Nov. 23 Prev. High. Low. Close. Close. Allied Chemical 50 48 49% 48% A. J. Rubber . 17% 16% 16% 16% Allis Chalmers .36 35% 35% 35% A. Agricultural. 34 31% 33 31% A. Beet Sugar. 29% 29% 29% 29% A. B. M. C 0... 33% 32 33% 53% Ani. Car & F..137% 137 137 137% Am. Can 31% 30% 30% 31 A. Rum ley 12 11% 11% 12 Am. 11. &L. pfd. 55% 55% 55% .... Am. Ice 73% 71% 73% 72 Am. In. Corn. .. 37% 37% 37% 37% Am. Linse t ..32% 32% 32% 32% AI.S. & Ref. 41% 40% 40% 40% Ai.i. Sugar Ref. 55% 54% 55% 54% Am. Sum. Tob. 32% 31 SI 31 % Am. Steel Fdv. 32 31% 31% 41% Am. Tel. & Tel. 11.5% 114% 115% 115%. Am. Tobacco. ..125 125 125 124% Am. Woolen... 75% 78% 7 V >% 78% Atlantic Pefe.. 22 21% 22 22 Anaconda Min.. 44% 44% 44% 41% Atchison 87% 86% 87 86% Atl Gif A- WI. 31% 30% 31 31% Baldwin Loco.. 95% 95% 95% 95% B. iV 0 37 36% 36% 56% Beth. Steel (B). 55% 55 55 55% Cali. Pete 44% 43% 43% 43% Can. l*ae. 8y..116% 115% 115% 115% Central Leather 51% 33% 31 30% Chandler Motors 45% 45% 45% 45% C. A 0 58% 58% 58% 58 % C., M. A St. P.. 23% 22% 23 25% CM& St P pfd. 37 36% 36% 30% Chi. ft Nw 08% 68% 08% 08% ('.. R. I. & 1'.... 32;3 32% 32% 32% C It I it P 6 pc pf 71 71 71 71 CRlitl’ 7pc pf 82% 82% 82% i-2% Chili Copper.... 12% 12% 12% J'!% Chino Copper . 26% 26% 26% 20% Cocoa Coin ... 37% 37% 57% 37% C. F. it Iron.. 24% 24% 21% 24% Columbia Ga . 64% 63% 04 " 03% Columbia G. ... 4% 3% 5% 4 Consolidated G 03% 92 93% 91% Cosden Oil .... 33% 32% 33% 53% Corn Products 88 87 % 87% 87% Crucible Steel. 65% 64% 04% 64% C. Am. S-,ar.. 15 11% 14% 14% Culu Cane Sugar 8% 8% 8% 8 Pel. it Hud. ..112% IK>% 110% HO Del. ft Lack....11l 111 ' 111 * 111 Erie 12% 11% 11% 12 Erie let pfd. .18 17% 17% 17% Earn. I’iays <'■*% C% 07% 67% Fisk Rub. Cos.. 10% 9% 9% 9% Gen. Asphalt 04% 02% 03% 63% Gen. Electric —135 151% 151% 133% (Ten. Motors.... 11% 11 11 1% Goodrich 51% 31% *31% 31% Gt. Nor. pfd.... 73% 72% 73k 73 Ut. Nor. 're... 33% 33% 35% 33% Houston 0i1.... 77% 77% 77% 77% Haskell Barker.. 79% 78% 79 79 Inspi. Copper.... 57% 37 37% 57% Invin. Oil .... 11% 10% 11% 11% Indiahoma 4% 4 4% 4% Inter. Harvest. 70% 75% 76 76% Inter. Nickel... 12% 11% 12 12 Inter. Paper 57% 56% 50% 56% Island O. A T... 3% 33% 3% K. C. Southern. 24% 24% 24% 25 K-S'flcM Tire... 40% 40V* 40% 40% Ken. Copper 24% 24% 24% 21% Lack. Steel 42 41% 42 42% Lehigh Valley... 56 56 56 56%

I.ce Tire 27% 27% 27% 27% Loews. Inc 14% 11% 14% 34% Loft Candy ... 0% 0% 9% 0% L. A N luo'i 109’ i 100% 31" Marine Com. .. 12% 12 12 12% Marine pfd Mb 55 5'.% 55% Maryland Oil.. 29 2S us 20 Mont.-Ward 35% 15% 15% 15% Mexican P0t...,114% 115% 113% 113% Miami Clipper.. 25% 24% 21 % 25% Middle S. Oil.. 15% 15% 35% 15% Midvale Steel.. 21% 25% 24% 23% Missouri Pac... 19% IS% l!l% 1'.)% Missouri P. pfil. 47% 44% 40% 45% Nat. E. & S 41% 41 41 41 Nevada C. Cop. 13% 13% 13% 13% N. Y. Air Brake 55% 55% 55% 50 N. Y. Central .. 72% 72% 72% 72% New Haven .... 13% 13 13% 13% N. A W f*7% ‘37 '37 !>7 North. Pac 7' : ‘<£ 78% 78% 78% Hklu. P. A 1t.... 3% 33% 3% Pac. Oil 45% 45 45% 45% Pan.Ain. Pet. .. 50% 50% 50% 50% Penna. Ry 34% 34% 34% 34% People's Las .. 59% 57% 57% 5 % Pierce Arrow .. 14 13% 13% 13% Pierce oil C 0... 13% )•_>% 13 13 Pr's.l, Stl. Car. 03 03 03 (3 Pullman Car... 10S14 107% Io.S lus Ry Stl. Sp'gs.. 88% 88% Bs % Pure Oil 30 35% 35% 30 Reading 72% 71% 71' . 71% Rep. Iron Stl... 50 40% 49% 49% Iteplogle Steel .. 22% 21% 22% 21% Roy. Duteh NY. 40% 41; 411% 45% Se;irs-Roebuck . 01% 03% <;(% 05' Sinclair 23% 23 23 23% So. Pacific 79% 79% 79% 79% So. Railway... 20% ■ 19% l'j% 20% St. I. A S.W.Ry. 21% 21% 21% 20% Stand. O. N. .1.171 109% 171 St.L. fc S.F.com. 22 21% 22 Studebaker 74% 71% 74% 74% Tex. Coal & Ore. 29% 29 29% 29 Texas Cos 45% 45 45% 45% Texas A- Pae. .. 25% 23% 24% 23% Tob. Prod 01 58% 59% 59% Trans. OH 10% 9% !)% 10% Union Oil 21% 20% 201; 21% Union Pac 124% 324% 124% 124',, Uni. Ret. St or- 553 51 % 53 5117 C. S. Food Corp 11% 11% 11% 11% United Fruit 120 119% 119% 121% United Drug .. 71 (1!) 71 71% IT. S. Ind. A1 40% 39% 40 39% IT. S. Rubber .49 48% 4it 48’; U. S. Rubber pfd. 1)4% 94% 94% 94 U. S. Steel 83 52% 83 J 83 I'. S. Steel pfd. 112% 112% 312% 112% Utah Copper... 57% 57 57% 57% Vanadium Steel 31 % 30 3t 30% Vir-Car. Chem. 32' '■> 31%. 32% 32% Wabash Ist pfd 21% 2l ” 21 21 ” White Oil 13% 13% 13% 13% Westing. Elec. 47% 47 47 47 White Motors.. 38 38 38 37% Willys-Overiand 0 5% 57; 5% Wilson & C 0... 29% ..!. 29% Worthington I*. 43% 42% 42% 43% West. Pac 20% 20% 20% 21 NEW YORK LIBERTY BONDS —Nov. 23 Prey. High. Low. Close. Close. L. B. 3%S 90.10 95.00 96.10 95.24 L. B. Ist 4s 04.99 L. B. 2nd 4s 95.04 94.8(1 L. 1!. Ist, 4%s . 95.70 95.20 95.70 05. R) L. B. 2nd 4%S . 95.38 95.16 95.:i0 95.99 L. B. 3rd 4' t s .. 90.70 96.60 90.64 90.50 1.. B. 4th 4%g . 95.58 05.30 95,58 95.18 Victory 3%s .... 9!>.92 99.90 99.90 99.92 Victory 4% 3 ... 99.94 99.78 99.90 99,88 NEW YORK COFFEE. NE WYORK. Nov. 23. —Trade in coffee was not so active today and as a result prices were weak, opening options being 2 to 10 points lower. Rio No. 7 on spot sold at 8%@8%c per pound; NEW YORK RICE. NEW YORK, Nov. 23.—Rice values hold steady on the market here today. Trade was fair. Domestic rice sold at 3@7%c per pound. NEW YORK PETROLEUM. NEW YORK, Nov. 23. Petroleum prices ruled firm in trade on the market here today. Pennsylvania crude petroleum selling at §4 per barrel. NEW YORK TCBPENTINB. NEW YORK, Nov. 23.—Turpentine o!d at 79%c per gallon in trade on the market here today. NEW YORK WOOL. NEW YORK. Nov. 23. —Wool prices were steady here on the market todav. Domestic fleece, XX Ohio, sold at 12@3tc per pound; domestic pulled, scoured basis, at 18@67c, and Texaa domestic, scoured basis, at 40&7Sa.

TRADE IN STOCKS IS VERY LIGHT Leading Issues Rally Fractionally From Low Levels. NEW YORK, Nov. 23.—The stock market closed steady today. Late transactions continued on a small scale. Many leading issues rallied fractionally from the low levels. United States Steel recovering to 83 and Baldwin Locomotive to 95%. Davison Chemical continued in demand, showing a gain of about 5% points at 55%. Northern Pacific yielded from 79% to 78%, while Texas & Pacific rose 1 % points to 25%. Crucible Steel was in supply, falling 1 point to 61%. Government bonds were again unchanged and railway and other bonds steady. Total sales of stocks were 662,200 shares; bonds, $21,415,000. TWENTY STOCKS AVERAGE. NEW YORK, Nov. 23—Twenty industrial stocks Tuesday averaged 70.21, off .48 per cent. Twenty active rails averaged 74.20, off .16 per cent. CLEARING HOUSE STATEMENT. NEW YORK, Nov. 23.— Exchanges, $650,700,000; balances, $55,700,000; Federal Reserve Bank credit balances, $39,400,600.

Money and Exchange

Indianapolis bank clearings Weduesday were $2,675,000. NEW YORK, Nov. 23 —The foreign exchange market was steady today, demand sterling being %e higher at $3.99%. Francs yielded 4% centimes to 7."8%c for cables and 7.07%e for checks. Lire rose 1 point to 4.13 c for cables and 4.12 c for checks. Belgian cables were 6.86 c; checks, 6.85 c. Marks were .0036 c. Sweden kronen cables were 23.40 c; checks, 23215 c. NEW YORK CALL MONEY. NEW YORK, Nov. 23.—Money—Call money ruled 5 per cent; high, 5 per cent: low. 4% per cent. Time rates easy, nil 5% 5%. Time mercantile paper quiet. Sterling exchange was steady. with business iu bankers’ bills ut $3.99% for demand. NEW YORK CURB MARKET. (By Thomson & McKinnon) —Nov. 23 Closing— Bid. Ask. Acme Packing 80 85 Curtis Aero, pfd 10 10 Goldfield Con I 6 Martin Perry 16% 18% Jumbo Extension 5 7 Imperial Oil (Dei.) 10% 11 International Petroleum .... 15% 16 Nipissing 0% 7 Standard Motors 4% 5 Salt Creek 14% 14% Tonopah Extension 1% 1% Tonopah Mining 1% 1% I inted I* 8 new 1 15 16 2 I . S. Eight and Heat 1% 1 7 10 I'. E. Light and Heat pfd... 1% 1% Wright-Martln 2 5 Yukon Gold Miuo Cos 1 IVi Jerome 25 28 New Cornelia 36 17 United Verde 26% 27% Sequoyah 6 lo Omar Oil On 95 ltep. Tire 15 23 ACTIVE OIL STOCKS. (By Thomson A McKinnon) —Nov. 23. — —Opening— Bid Ask Anglo-American Oil 18% Atlantic Refining 10% 19% Born©-Scry inner 320 340 Buckeye Pipe Line 86 88 Chesebrough Mfg. Cons lbt) 290 Continental Oil, Colo 121 136 Ccsdcn Oil and Gas 6% 8% Crescent Pipe Line 30 33 Elk Basin Pete 7% 7% Eureka Pipe Line 85 So Galena-Signal oil, I'ref 97 M3 Galena-Signal oil. Com 47 50 Illinois I’ipe Line 170 17S Indiana Pipe Line 82 84 Merritt Oil 11 11% Midwest Oil 2% 3 Midwest Transit 29% 31 New 1 ork Transit IIS 133 Northern Pipe Line 96 100 Ohio Oil 290 294 Oklahoma I’. & R 5% 5% Penn Mex 23 27 Prairie Oil and Gas 580 590 Prairie Pipe Line 22.8 232 Sapulpn Refg 4 4% Solar Refining 355 370 Southern Pipe Line 91 95 South l’enn Oil 232 237 Southwest I’enn Pipe Lines ..56 60 Standard till Cos. of Ind 86% 86% Standard Oil Cos. of Kan 585 600 Ktamlald Oil Cos. of K. Y 135 445 Standard oil Cos. of Neb 575 58fi Standard Oil Cos. Os N. Y 385 390 Standard Oil Cos. of Ohio ....300 315 Swan ft Finch 45 55 Vacuum Oil 336 337 Washington Oil 37 38

MOTOR SECURITIES. —Nov. 23. — -ClosingBid Ask Briscoe I" 11 Packard com 7% • 7% Packard pfd 71 *4 Continental Motors com 5% Continental Motors pfd 80 85 llupp coin 10% 11 Hupp pfd 92 98 lien Motor Car 18% 19 Elgin Motors Grant Motors 1% ,1% Ford of Canada 215 250 International Motor com 2_7 National Motors 1% 3 Federal Truck 14 16 Paige Motors 12 14 Republic Truck 7% CHICAGO STOCKS. (By Thomson ft McKinnon.) —Nov. 23 Open High Low C. ise Armour pfd. .. 94 UlOs 94 91% Armour Lea. ... 12% Car. ft Carbon. 45% 46% 45% 45% Libby 0% 6% 5% O'A Mont. Ward 15% 15% 15% 15% Nat. Lea 2% 32% 3 lteo Motors .... 18% 20% 18% 19% Seam-Roebuck .64 64% 64 64% Swift ft Cos 98% 99% 98% 99% Swift Int 21 21% 20% 21%

Weather

The following table shows the state of the weather at 7 a. m., Nov. 23, as observed by U. S. Weather Bureaus: Station. Bar. Temp. Weather. Indianapolis, Ind... 30.18 4 4 Cloudy Atlanta, Ga 30.24 56 Clear Amarillo, Texas.... 30.00 42 Clear lilsmarck, N. D.... 30.08 10 Clear Boston, Mass 30.40 32 I’tCldy Chicago, 111 30.20 36 Rain Cincinnati, 0hi0.... 30.18 44 Cloudy Cleveland, 0hi0.... 30.24 38 Cloudy Ddnver, Colo 29.54 48 PtCldy Dodge City, Kan. 30.10 30 Clear Helena, Mont. ;.... 29.94 24 Cloudy Jacksonville, Fla. .. 30.10 04 Rain Kansas City, Mo.. 30,16 26 Cloudy Louisville, Ky. ... 30.18 58 Cloudy Little Rock, Ark.. 30.10 06 Cloudy l.os Angeles, Cal... 30.04 52 Clear Mobile, Ala 30.22 50 Cloudy New Orleans, La.. 30.20 50 Cloudy New York, N. Y.. 30.34 40 PtCldy Norfolk, Va 30.24 50 Clear Oklahoma City .... 30.12 32 Cloudy Omaha, Neb 30.14 22 Cloudy Philadelphia, Pa... 30.34 40 Clear Pittsburgh., Pa.... 30.24 42 Cloudy Portland, Ore. .... 30.02 44 Cloudy Rapid City, S. D.. 30.04 26 Cloudy Roseiturg, Ore 30.06 46 ' Rain San Antonio, Texas 30.10 70 Cloudy Pan Francisco, Cal. 30.20 50 Cloudy St. Louis, Mo 30.12 44 Cloudy St. Paul, Minn.... 30.24 16 Cloudy Tampa, Fla 00.06 72 Cloudy Washington. D. C.. 30.30 42 Clear WEATHER CONDITIONS. Unsettled weather prevails over most of the interior and western sections of the country, with light precipitation in areas. It is warmer generally except In the extreme northeastern districts and In parts of the Great Basin and South Pacific States, where lower temperatures ure reported. —WHITE RIVER CONDITIONS— At 7 a. m. today stages In White River were ns follows: Klliston, missing; Decker, ll’.S, rising. J. 11, ARMINGTON, Meteorologist, Weather Bureau.

INDIANA DAILY TIMES, WEDNESDAY, NOVEMBER 23,1921.

New Yoric Bonds

(By Fletcher American Company.) FOREIGN GOVERNMENT BONDS. —Nov. 23. Bid Ask Arg. (Unlisted) 5s Sept. 1, ’43. 72 73% Belgian 6s Jan. 1, '25 96 96% Belgian 7%s June 1, ’45 101 104% Belgian-8s Feb. 1, '4l 104 104% Berne 8s Nov. 1, '45 106% 107 Chile Ss Feb. 1, '4l 100% Ml Christiania 8s Oct. 1, '45 106 107 Copenhagen 5%s July 1, ’44.. 88 88% Danish Mun 8s Feb. 1, ’46 106% 107 Denmark 8s Oct. 15, ’ls 107% M 7% •Canadian 5%s Dec. 1, ’22.... 90 91% •Canadian 5%s Nov. 1, ’23.... 89% 00% •Canadian 5%s Nov. 1, ’24.... 88% 90 •Canadian 5s Dec. 1, ’25 SO 88 Canadian 5s Apr. 1, ’26 95% 96 •Cana/lian 5%s Dec. 1, ’27.... 90% 91% Canadian 5%s Aug. 1, '29.... 97% 97% Canadian 5s Apr. 1, .il 94% 91% •Canadian 5s Oct. 1, ’3l S(i% 88 •Canadian 5%s Nov. 1, ’33.... 91% 02% •Canadian 5%s Nov. 1. ’24.... 89 % 90% Canadian 5s Mob. 1, '37 02% 93% •Canadian 5%s Dec. 1, ’37.... 93 94% •French (Viet.) 5s Opt., ’31.. 55% 56% •French 4s Opt., ’43 45% -10% French 8s Sept. 15, ’-15 101% Ml% ♦ltalian (War) 5s 31% 33 Jap (Ist) 4%s Feb. 15, ’25.... 86% 86% Jap (2d) 4%s July 10, ’25.... 86% 80% Jap 4s Jan. 1, ’3l 70% 70% Norway 8s Oct. 1, ’4O 107% 108 Sao Paulo 8s Jan. 1, ’36 101% 101% Swedish tis June 15, ’39 96 90% Swiss 5%s Aug. 1, *29 95% 96% Swiss Ss July 1. ’4O 11l 111% U. Iv. 5%s S'ov. 1. ’22 99% 99% TT. K. 5%s Aug. 1, ’2l) 00% 96% U. K. 5%s Fell, i, '37 94% 94% Zurich 8s Oct. 15, ’4O 105 s ; M 7 Brazil 8s 162% 103 French 7%s 9)5 96% Uruguay 8s 1.02 102% Argentine 7s 99% 99% CORPORATION BONDS. Bid. Ask. Alum. Cos, of Am. 7s, Nov., *25.101% lot % Am. Cot. Oil Cs, Sept. 2, '24..,. 90% 96 Ain. Tel. 6s, Oct., ’22 100 100% Am. Tel. os, Fell., ’2l 99% 100 Am. Thread os. Dec., '2B 99% 100% Am. Tot'. 7s, Nov. '22 101 101% Am. Toll. 7s, Nov., *23 101% 102 Anaconda 7s, Jan.. '29....... 99% 90% Anaconda 7s, Jan., ’29 100% 101% Anglo-Arn. Oil 7%5, April, '20.M3 101 Armour 7s. Julv 15, '3O 102% 102% At. Ref. <!%s, March, '3l 103% 104% Beil Tel. Can. 7-*. April, "25... 906 IMP', Beth. Steel 7s, July 15, *22...100 100% Beth, Steel 7s, July 15, ’23....100% 100% Can. Pacific (is, March 2. ’24. 99% 100'm Cent. Arg. IV t’s, Felt., '27... 90% 91% (’., R. I. A P. Cs, Feh., ’22.. 99% MO% Con. Gas Bs, Dec., "21 loi Mu', Copper Exp. Bs, Feb. 15, ’22.100% l"t% Copper Exp. Bs, Feb. 15, '2J..101% 102% Copper Exp. Bs, Feb. 15, 24..103 lot Copper Exp. Bs, Fell. 15, '20.. 104 105 Cudahy 7s, July 15 # '23 100 MO% Fed. Sugar 6s, Nov., '2l 06% 97% Goodrich 7s, April, '25 97 97% Gulf Oil fls, Julv, ’23 99% 1(H)% Gulf Oil 7s, Fell. '33 102% 102% Hocking Val. tis. March, '21... 97% 98% Humble oil 7s. March 15, '23. ,M 0 1""% Jut. R. T. 7s, Sept., '2l 73 75 K. C .Term. 6s. Nor. 15. '23. 99% M 0 Kcnn. Copper 7s, Feb., '3O 99% 100 Laclede Gan 7s, Jan., '29 97 97% Proctor A G. 7s, March, '22 1""% 100% Proctor A G. 7s, March, '2.3..101% 3"1 - Pub. Ser. N. J. 7s, March, '22. 98% 99% It. J. Reynolds 6s. Aug.. '22..1""% 100% Sears-Uoebuck 7s, Get. 15, '22.100!* MO% Hears-Roebuck 7s. Oct. 15. 23.10"% 100% Sinclair 7%5, May 15, '25.... 99 09% Solvav A Cie Bs, Oct., '27 102% 103% Southern Ilv. tis, March, '22. .. 99% 99% S, W. pell Tel. 7s. April, '25.. 100% 101% Stand. O (Cal.) 7s. Jan.. '31..105% Md% Stand.O.tN.V.t 7g, Jan.,'2s-'31.103% 108% St Paul U D 5%5. Dec. 15, '23. 95% 99 Swift 7s. Oct. 15, 25 MO% Ml % Texas Cos. 7s, March 1, "23... .101 % Ml % I tab Sec. Sept. 15, '22 97% 9-8% Western El. 7s. April. '2' 103% 1"4% Westiaghouse 7s, May, '31....105% 1U5%

Local Stock Exchange

Nov. 23STOCKS. Bid. Ask. Tr.d. By. ft Light coni 00 6.!% Ind By. ft L ght pfd TO Iml pis. ft S. E. pfd 75 Did Ids. A, N. W. pfd 75 Indpls. Ht. Ry 36 41 T. IT., T. ft 1,, pfd 51 T. il , 1. A E. pfd 13 T ,H., I. A E. com 5 U. T. of Ind. com U. T. of Ind. Ist pfd 1 U. T. of Ind. 2d pfd 3 Advance-Rumely com Advance-ltumely nfd Am. Creosoting rid 91% 99 Am. Central Life 150 Belt It. 11. com 58% 66 Belt It. li. pfd.. 43 Century Bldg. Cos. pfd 91 ... Citizens Gas Cos ‘24% ... Dodge Mfg. Cos. pfd 88 Home Brewing 49 ... Ind. Hotel coin 00 Ind. Hotel pfd 94 Ind. Nat. Ins. Cos 3% 5 Ind. Title Guar. Cos 47% ... Ind. Pipe Lines 81 85 Indpis. Abattoir pfd 40% 50 Indpls. Gas 42% 49 Indpls. Tel. com 3 Indpls. Tel. pfd 90 Mur. Puli. Uill. pfd 41% ... Nat. Motor Car Cos 1 3 Pub. Sav. Ins. Cos 4% ... Ranh Fertilizer pfd 40 ... Stand. Oil <>f Indiana 85% 87% Sterling Fire Ins. Cos 6% 7% Van Camp Ildw. pfd 89 Van t'amp Prod. Ist pfd Ml Van Camp Prod. 2d pfd 101 Vnndalia Coal Cos. coin Vnndalla Coal Cos. pfd 5 9 Wabash Ry. com Walmsh Ry. pfd 26 22 BONDS. Broad Ripple 6s 60 Citizens St. Ry. 5s 67% ... Indian Ck. Coal ft Mine 100 Ind. Coke ft Gas 6s 83 WJ Indpls., C. ft S. 5s 90% ... Indpls. ft Martinsville 55.... 53 Indpls. North. 5s 43 Jndpls. ft N. W 5s 56 Indpls. ft S. E. 5s 45 Ind|ds. ft S. E. 5s 75 Indpls. St. Tty. 4s 40% 53 Indpls. T. ft T. 5s 68% 75 T. H.. I ft E. 5s 46 TT. T. of Ind. (is 47% 53 Citizens Gas Cos. 5s 78 85 Indpls. Gas 5s 75 84 Kok. M. ft W. 5s 77% 83 Ind. Hotel Cos. 2d 0s 91 Indpls. L. ft H. 5s 79 87 Indpls. Water Cos. 4%s 73 SO Indpls. Water Cos. 55........ 91% 96 Mer. 11. ft L. 5s 93% 97% New Tel. Ist Os 94 New Tel. L. I). 5s 93% ... Sou. T .nd. Tower 55..... BS% LIBERTY BONDS. Liberty 3%s 9u.RO 06 30 Liberty Mt 4%s 95.60 06.10 Liberty 2d 4%s 95.14 9.1.40 Liberty 3d 4%s 96.56 96.86 Liberty 4th 4%s 95.50 95.54 Victory 3%s 99.80 100.00 Victory 4% a 99.82 100.00 Local Curb Market (By New(on Todd) —Nov. 23 Am. TTominy com 14 20 Burdick Tire 1 2 Central & Coast Oil 1 2 Choate Oil Corp % 1% Columbian Fire Ins, Cos 6 7% Comet Auto 1% 2% Dayton Rubber Units 68 78 Dictograph Prod, pid 46 55 D. W. Griffith . 8 9% Elgin Motor Car * 3% 5 Federal Fin. Cos. pfd 75 85 Fed. Fin. Cos. com 120 127 Gt. Sou. Prod, ft lief 5% 6 Hurst ft Cos. pfd 25 45 Indiana Rural Credits 50 62 Metro. 5-10 c Storps com 8 ll Metro. 5-50 c Stores pfd 25 30 National Underwriting 3% 5 Revere Motors % % Rauch & Lang Units 45 53 Kvb-Tex Units 15 17% TT. S. Automotive Units . 70 80 U. S. Mtg. Cos. Units 145 155 BANK STOCKS. Commercial Natl. Bank 71 81 Continental Natl. Bank 109 lid Indiana Trust Cos ....175 190 Indiana Natl. Bank .258 208 Merchants Natl. Bank 280 Natl. City Bank 105 110 Security Trust C 0..., ...130 State Savings & Trust ’9l 90 Wash. Bank & Trust C 0..., 150 ... NEW YORK HIDES. NEW YORK, Nov. 25.—With -trade In hides fairly active, prices were steady on the market hero today. Native steer hides sold at 15c and branded steer Idles were quoted at 14%@14%c per pound.

GRAIN VALUES CLOSE HIGHER Scant Offerings and Good Demand by Shorts Factors. CHICAGO, Nov. 23.—Demand by shorts for grains to cover up scant offerings by holders combined to bring higher price’s during the pre-holiday session of the Chicago Board of Trade today. Provisions were higher. December wheat opened at sl.lO, up %c. and closed %e higher. May xvhent opened at $1.11%, up %c, and was l%c higher at the close. December corn opened at 49%c, up %c, and was %c higher at the close. May corn was up %c at the opening at 54%c and closed %c higher. December oats opened at 3S%f, up %c, and closed up %c. May* oats opened at 38%e, up Vic, and was %e higher at the close. —Nov. 23 (By Thomson ft McKinnon.) Wheat—There was considerable firmness In foreign markets. Liverpool was a distinct help to the market and served to revive confidence of those who believe that we l'itve exported all that we can conveniently spare. Previous items of strength, namely drought Southwest and light receipts, still ekist. Omaha millers are reported as buyers of wheat iu Kansas City and St. Louis claims that some mills are about to shut down, being unable to secure the quality of wheat desired. Premiums in spring wheat markets were again firm, and it is coming to obe believed that it will be actually necessary to import Canadian wheat, regardless of the size of the duty, in order to supply the requirements of mills. There is expected to 1m a very free movement from Lake Superior ports to Buffalo in anticipation of the close of navigation. The seaboard reported export demand slow but confirms cleaning up of low priced gulf wheat to the extent of 4(H),000 bushels. Unless some unexpected developments over the holiday values will probably show further firmness. Corn and Oats—lt is gratifying to bo aide to say that, in the coarse grains corn, especially, is broadening. This is Ihe result of the growing idea that prevailing prices represent all If not more than the previous arguments fur lower prices. 111 addition to financial aid, which is promised by the War Finance Corporation, it develops that individual cooperation along the line of help is being uncovered. Private capital is being offered for the pu. pz so of cribbing and storing and in one point in Minnesota merchants nre said t.i lie accepting corn in exchange fur mcrrhndise at some 10 cents more than ttie prevailing commercial price. The poor condition of winter wheat in the Southeast necessitates more feeding of grains, because past urea go is lacking. Prevailing prices, both in corn and oats, should be viewed as attractive investments. Provisions—Receipts "f hogs nre not up to the expectations and as a result the hog market and products show strength. Offerings of each cash product are not excessive.

CHICAGO GRAIN TABLE. —Nov. 23 WHEAT— Open. High. Low. Close. Dec 1.10 111% 1.09 P. 1.10% May 1.11% 1.13% 111 , 1.13% CORN — Doe 49% .50% .49% .50% May.... .51% .55% .34% .55% o.\l S Dec 33% .33% .33 .33% May..,, .38% .38-% .38 .38*% PORK—•Jan 1110 LARD Jail 8.05 8.67 8.00 8 02 May.... 9.00 9.03 9.00 9.00 RIBS— Jan 7 42 7.45 7 12 7.42 May..., 7.75 7.;#) 7.75 7.50 R 1 E - Jan 84 .84 .82% .84 May S8 .89 .87 .80 •Nominal. CHICAGO CASH GRAIN. CHICAGO, Nov. 23. Wheat No. 2 red, $1,21; No. 3 mixed. $! "S. Corn—No. 2 mixed. No, 2 while and No. 2 yellow, 51% @•52"; No. 3 mixed and NT*. 3 yellow, 61 'o '!i ,c; No. 4 w ; . . < , No. 4 yellow 4"% c. Oats No. 3 white, 53%'4 35c; No. 4 wldto, 32%(0,u2%e. TOLEDO CASH GRAIN. TOLEDO, Nov. 23.—Wheat—Cash, $1.26; December. $1.25%; May, $1.31%. ('.•ru—Cash. 51'/5.V. oats—Gash, 58%'i 40ijC. live Cash, Me. Barley—Cash. 02c. PRIMARY MARKETS. By Thomson ft McKinnon) —Nov. 23 —Receipts— Wheat Corn Oats St. Joseph.... 24.000 14,000 2,"00 (.’ldeas 93.0"0 317.""" 174.""" Milwaukee .. 3.""0 47.""" 57,(00 Minneapolis .. SOo.ooo 26.""<> 59.000 Duluth 139,000 13,000 St. Louis .... 42.""" 55.000 18,000 Tilled 7,000 4.000 (i.tioo Detroit 2,"00 4.000 4,000 Kansas City.. 160,000 10,000 32,000 Peoria 3,000 31,000 31,000 Omaha 10,000 4,000 28.000 Indianapolis.. 9,000 36.000 6,000 —Shipments— Wheat # Cnrn Oats St. Joseph... 1",""" * B.IMIO Chicago 40,000 80,000 74,000 Milwaukee ... 1,000 3,000 43,000 Minneapolis .. 130,000 8,000 31,000 Duluth SJHIO St. Louis .... 39,000 68,000 51,000 Toled 1,000 7,ihh) 8,000 Detroit 2,000 2,000 Kansas City.. 165,000 15,000 14.000 Peoria 2,000 28,000 27,000 Omaha 35,000 24,000 14,000 Indianapolis.. 1,000 41,000 16,000 Totals 476,000 271,000 278,000 Year ago.. .1.254,000 316,000 503,000 —Clearances— Wheat Corn Oats Now York .. 607,000 ....... Philadelphia.. 08,000 Baltimore ... 48,000 60.000 Totals .... 783,000 00.000 Year ago 537,000 02,000 7,00(1 INDIANAPOLIS CASH GRAIN. Bids for car lots of grain and hay at (he call of the Indianapolis Board of Trade were: Wheat—Firm; No. 2 red. $1.24(!?1 26. Corn—Firm; No. 2 white. 52%@53%0; No. 3 white, 51@52e; No. 2 yellow, 63% ®54%c; No, 3 yellow, 52®; 53c: No. 2 mixed, 51@52e; No. 3 mixed. 50@51c. Oats —Firm: No. 2 white, 38@39c; No. 3 white, 36@39c. Ilay—Steady; No. 1 timothy, $176117.50; No. 2 timothy, sl6 50(017; No. 1 light clover mixed, slo@ 16.50; No. 1 clover, sl9@ 20. —lnspections Wheat—No. 5 dark northern spring, 1 car; sample, 1 car; total, 2 cars. Corn—No. 1 white, 1 car; No. 3 white, 5 cars; No. 4 white, 1 ear; No. 3 yellow, 2 cars; No. 4 yellow, 1 cur; No. 5 yellow, 6 cars; No. 4 mixed, 4 cars; total, 20 cars. Oats—No. 2 white, 1 oar; No. 3 white, 2 cars; No. 4 white, 2 cars; total, 0 cars. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered: Hay—Loose timothy, $16@17; mixed may, $154/, 16; baled hay, slo@l7. Oats—Bushel, nexv, per bushel, 32@35c. Corn —Old, per bushel, 05@60c. 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. 3. Oats are quoted at 25c set No. 3 while or better.

TOLEDO SEED PRICES. TOLEDO, Nov. 23.—Clovcrseed—December, $12.60; January, $12.65; February, $12.70; March, $12.00. Alsike— Cash, $10.90; December, $11; February, $11.15; March, $11.20. Timothy—Cash, $3.05; December, $3.07%; January, $3.10; February, $3.15; March, $3.20. CHICAGO PRODUCE. CHICAGO, Nov. 23. —Butter —Receipts, 3,548 tubs; creamery extras, 44%c; firsts, 35®42c; packing stock, 23@24c. Eggs— Receipts, 2,578 cases; current receipts, 50@52c; ordinary firsts, 43@47c; firsts, 50®j53c; checks, 26@28c; dirties, 28@30c, Cheese—Twins, new, 19@19%c; daisies, l!)%@20c; Young Americas, 19%@20c; longhorns, 19%@20c; bricks, 18@19c. Live poultry—Turkeys, 38c,; chickens, 16c; springs, 17%c; roosters, 13c; gerf,\2Bc; ducks, 23c. Potatoes—Receipts, V Airs; Michigan s, $1.25® 1.50 per 150-IB Pag; && Rivtrs * ;

HOG VALUES SHOW STRENGTH Cattle Prices Are Strong to 25 Cents Higher. RANGE OF HOG TRICES. Good Good Good Nov. Mixed. Heavy. Light. IG. $7.00© 7.10 $7.00 $7.10® 7.33 17. 7.00® 7.10 7.00 7.10@ 7.25 18. 6.75 6.65® 6.75 6.85® 7.00 19. 6.85® 6.90 6.75® 6.85 7.10 21. 7.10© 7.15 7.00 7.15® 7.25 22. 6.75 6.75 6.75® 7.00 23. 6.85® 6.90 6.75 C.Bs© 7.15 AVit’’ receipts fairly light and tomorrow a holiday swine prices were steady to 10 to 15 cents higher in trade on the local livestock exchange today. Both packers ar.d shippers were active and practically all of the receipts had been sold at an early hour in the forenoon. Local packers established the market, taking the heavier grades of swine, while shippers showed a good demand for the lighter grades. Lights brougiit around [email protected], with a top of $7.25. Heavies sold at $6.75 generally anil mixed and mediums at sti.S3@ 6.9". Tigs were in fair demand, selling at $7.25 generally, with a few sale., as high as $7.50. Roughs sold at practically steady prices at $5.50® (i, with a few at $6.25. Stags brought S4.SO®G. The bulk of sales for the day ranged at $0.75® 0.90. There was a much better clearance for the market of the previous day than was expected, there being less than 500 stale swine on today’s market. There was a decidedly stronger tone to trade in cattle, due principally to light receipts and to the fact that there will be no market here tomorrow* There were only about 450 cattle on the market and ail of the packers were active. Prices were strong to 15c higher generally on practically ail grades, while there were spots that were fully 25c higher. Commission men were generally of the opinion that the better grades of cattle so far this week have shown advances es around 25c, but they expressed no hopes of much of a market here Saturday. Calves were actively traded in and prices were strong to 50e higher generally. Light receipts was the principal market factor, while the good dom a nil shown by shippers with Eastern city connections had some effect upon the trend of values. There wore nroun/l 4"0 sheep nn/l lambs on the market and, with the quality fair an/l the demand good, prices of lambs were around 50c higher generally, while sheep values were no more than steady. There were a few sales of choice ewe and wether lambs at $8.75.

HOGS. Best light hogs, 150 to ISO His average $ 6.55<3 7.10 Over 130 lbs 6.75 150 to 300 lbs 0.75/Tj 7.25 Sows 5.504/ 6.25 Best pigs under 140 lbs 7.25@ 7.50 Bu'k of 'sales"!.!!.’!!!!"!!! 0.73® coo CATTLE. Prime* cornfed steers, 1,300 to 1,800 lbs 7.23® 8.23 Good to choice steers, 1,200 to 1.300 lbs 6.30® 7.25 Good to choice steers, 1,100 to 1.200 lbs 6.00® 6.30 Good to choice steers, IjhiO to 1,100 lbs 4.75® 5.73 Common to medium steers, 800 to 1,000 lbs 4 25® 4.75 Choice yearling steers B.oo® 11.00 —Heifers and Cows— Goo/l to choice heifers 6.50® 8.00 Medium heifers 5.00® 6."0 Common to medium heifers.. 3.50® h.oo Good to choice cows 2.25® 3.75 Fair to medium cows I.tKW/i 2.00 Cutters 1.50® 2.50 Canuers .73® 150 —Bulls— Good to choice butcher bulls. 3.50® 4.00 Bologna Dulls 3.0"® 3.25 Light bologna bulls 2.25® 2.75 Light to common bulls 2.00® 2.25 —Calves— Choice veals [email protected] Good veals 8.50® 9.00 Medium veals 7.00® 8.50 Lightweight veals 4,00® 6.00 Common heavyweight venli.. 3.00® 4.00 —Stockers and Feeders— Goo/l to choice steers, under 800 lbs 4 50® 5.50 Medium cows 2.00® 3.00 Good cows 3.00® 4.00 Good heifers o.oo® t.ihi Medium to good heifers 4.(Hi® 5.00 Milkers [email protected] SHEEP AND LAMBS. Ewes I.oo® 2.50 Bucks ■ 1.50® 2 00 Choice ewes and wether lambs 7.5"® 8.75 Seconds 4.50® 5.5" Buck lambs 5(H)® 650 Culls 2.00® 4.00 Other Livestock CHICAGO, Nov. 23.—H0g5—1.8,000 ; market. active and strang to 10 cents higher; bulk /if sales, $6.65% 6.80; top. $6.8.5; heavies, $6.70®6.85; mediums, $0.73® 6.85; lights. $%[email protected]; light lights. $0.75® 0.90; heavy packing sows, smooth. $6.10 (/tO.OO; packing sows, rough, [email protected]; pigs, [email protected]. Cattle—Receipts, 9,000; market, strong to 25 cents higher; /.lives, 50 cents higher. Beef i.teers — Choice and prime, $1) ®,11.25; medium and good, $6.15®9.75; good and choice*, s9® 11.25: common and medium, $ 1.854/9. Butcher cattle—Heifers. $3.50@9: cows, $3.35® 6; bulls. $3.23® 6. Canuers and cutters—Cows and heifers, $2.50®3.35; canner steers, $2.50®3.50; veal calves, $6,254/9 ; feeder steers, [email protected] ; Stocker Steers. $3 10®,6.25; stinker cows and heifers, s3®s. Sheep and lambs —Receipts, K.OOO; market, unevenly to shnrplv higher; good to choice lambs, $8.75® 10; cull and common lambs, yiarling wethers, $64/8; i wes, [email protected]; cull and common ewes, [email protected]; feeder lambs, $7.50®,8.50. CINCINNATI, Nov. 23.—Ilogs—Receipts, 6,500; market steady to 10®50c lower; heavies and mediums, $0.!K); lights, $7.25; pigs, $7.25® 7.50; roughs. $5.50; stags. $4.50. Cattle—Receipts, 430; market steady; hulls steady; calves. $8.50® 10. Sheep and lambs—Receipts, 250; market steady; owes, sl®:3.s(>; bucks, s2® 2.50; choice lambs, $9.50; seconds, §7; culls, s4@s. CLEVELAND, Nov. 25.-llogs—Re-ceipts, 3,000; market, steady to 10c higher; yorkers, $7.55; mixed, $7.35; mediums, $7.35; pigs, $7.50; roughs, $6; stags,'s4. Cattle—Receipts, 2(H); market, steady; good to choice steers, sß@9; goo to choice heifers, ss®,ti; good to choice cows, $4®4.75; fair to good cows, s3®4: common cows, $1‘.50®12.50; milkers, $35@75. Sheep and lambs—Receipts, 1.000; market, 20®50e higher; top, $lO. Calves —Receipts, 200; market, 00c higher; top, sll.

EAST ST. LOUIS, 111., Nov. 23.—Hogs —Receipts, 12,(X0; market, s@loc higher; mixed and butchers, $6.90@7; good heavies. $6.05@*7; roughs, $5.60@6; lights, $0.95(i(7.i0; pigs, [email protected]; hulk of sales, $6.55@7. Cattle—Receipts, 2,200; market steady; native beef steers, $7@S; yearling steers and heifers, s7@lß; rows, s3@s; stockers and feeders, [email protected]; ealves, $5 @9.25; dinners and cutters, [email protected] Sheep and lambs—Receipts, 1,000; market, 25c higher; mutton ewes, $3@3,25; choice lambs, sß@9; eanners and choppers, §1 @2.50. EAST BUFFALO, Nov. 23—nogs—Receipts. 2,400; market active; yorkers. $7.50 @7.75; pigs, [email protected]; mixed, J7.25@ 7.50; heavies. $7.25(0 7.35; roughs, $5.75@j 6: stags, $46(4.50. Cattle —Receipts, 250; market slow; shipping steers, [email protected]: butcher grades. $0.75@,8; heifers, s4@7; cows. $1.50(ii3; bulls, s3@s; feeders, $4.75 @5.50; milk cows and springers, s4o@ 135. Calves—Receipts, 200: market active; dull to choice, $4.50@15. Sheep and lambs—Receipts. 500; market active; choice lambs, $10,506(111 cull to fair, ,$7.50@10; yearlings, [email protected]; slieep, $1.50 @4.75. PITTSBURGH, Nov. 23.—nogs—Receipts, 1.200; market, steady; prime heavies, $0.90@7: mediums, [email protected]; heavy yorkers, $7.40@ 7.50; light yorkers, $7.65®7.75; pigs, $7.75@8; roughs, s3@o; slags, [email protected]; heavy mixed, [email protected]. Cattle—Receipts, light; market, steady. Calves—Receipts, light; market, steady; venl calves, $10.50: heavy and thin calves, [email protected]. Sheep and lambs— Receipts, 300; market, steady; prime wethers, [email protected]; good mixed. $4.10@ 4.40: fair mixed, *3.50@4; culls nud commons, sl@2; choico lambs, $9.50. WHOLESALE FEED PRICES. The following are today’s wholesale prices fori beef cuts as sold by*(he Indianapolis markets of Swift & C\; Ribs —No, 2 ,18c; No. 3,14 c. 'Chucks— No. 2,9 c; chucks, Bc. Plates—No. 2,9 e; No. 3, Bc. Loins—No. 2,28 e; No. 3,22 c.

This Is a Ko-Buc, Folk

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Is this a monstrous growth of a tree or Is it an Egyptian god? Archaeologists are evenly divided in their opinions. Ko-Ituc is its name, and it graces the Portiola roa/ls*Je, near San Francisco. So the story goes, it was brought to California from the Yukon, where in turn it was imported from Asia some 2,<XK) years ago. Mexico No Longer Big Cattle Country MEXICO CITY, Mex., Nov. 23.—Mexico, once a great cattle country, is at present unable to supply enough cattle even for the butchers of the capital. Stock is imported by the trainload from the I'nited States and brought here for slaughter. Some of the Mexican ranges are bare of cattle. Others, as iu Sonora, after having been restocked, were depleted by drought- This has left Mexico with an extremely limited supply cattle to draw upon. It is asserted that there is much smuggling of cattle across the border by persons engaged in the business of supplying Mexico City and other places with beef stock. The cuttle are driven into Mexico and pastured for a while, then shipped here or to other points. As Mexico gives native cattle growers a low transportation rate on the railroads, the smugglers get the advantage of this rate by representing that their cattle were raised in Mexico and -ot imported—or smuggled. In the Cotton Market NEW YORK, Nov. 23.—Influenced by strong cables, the cotton market opened 5 to 21 points higher today and after the sturt continued its upward swing tint 11 by the in id-forenoon it was fully 30 point! higher. New Orleans, AA’all Street, Japanese interests, trade and wire houses were buyers. Some Southern coneurns sold. An estimate by tlio Southern Products Company for a crop of 7,621,000 bales was considered bullish. New York opening: December, 15.13 c; January, 18.02 c; February, 17.95 c; March, 17.97 c; May, 17.70 c; July, 17.30 c; August, 17.09 c; October, 16.35 c. The market was strong in the late afternoon, closing at net gains of 43 to 72 points, —Cotton Futures— Open. High. Low. Close. January 1,8.02 18.50 17.95 18.47 March 17.97 18.46 17.90 18.30 May 17.70 15.78 17.66 1-8.14 July 17:30 17.70 17.25 17.70 October 10.45 16.50 16.30 16.71 December .... 18.15 18.52 17.97 15.47 LIA’ERPOOL, Nov. 23.—There v.-as an Increased demand for spot cotton at the opening of the market here today. Trices were firm and sales around 8,000 bales. American middlings fair, 14.22d; good middlings, 12.52i1; full middlings, 12.12d; middlings, 11.72d; low middlings. 10.42d; good ordinary, 8,t17d; ordinary, 7.92d. Futures opened steady. NEW YORK METAL MARKET. NE\4 r YORK, Nov. 23 —Copper—Quiet; spot, November, December and January offered 12%c. Lead—Easy; spot, November, December and January offered 4.7" c. Spelter—Easy; spot and November, 4.65 c; December and January offered 4,70 c.

NEW YORK SUGAR. NEW YORK, Nov. 23.—Trade In raw sugar was rather unsettled on the marker. here today. There were no sales of Cabas, while Porto Ricos were quoted at 3.75 c per pound, delivered. Refined sugar values were steady, with trade fair. Fine granulated was quoted at 5.20@5,30e per pound and No. 1 soft at 5.30 c. _ WHOLESALE BEEF l’EN—l. Jon. Cwt. Acme Bran $20.00 $.35 Acme Feed 26.00 1.35 Acme Midds 3".00 1.55 Acme Dairy Feed 43.00 2.20 E-Z-Dairy Feed 38.75 1.70 Acme 11. ft M 31.75 1.65 Acme Stock Feed 25.75 1.40 Acme Farm Feed 31.25 1.6.5 Cracked Corn 29.25 1.50 Acme Chick Feed 37.75 1.95 Acme Scratch S4JS 1.80 E-Z-Scrateh 32.25 1.65 Acme Dry Mash 43.J5 2.25 Acme Hog Feed 37.00 1.90 Ground Barley 37.75 1.95 Ground Oats :... 31.00 1.60 Ilomlick Yellow 28.25 1.45 Rolled Barley 37.75 1.95 .Alfalfa Mol 33.50 1.70 Cottonseed Oil Meal 50.00 2.65 Linseed Oil Meal 48.50 2.85 Chick Mash 45.75 2.40 Tankage 85-50 2.90 Meat Scraps 78.00 4.15 FLOUR AND MEAL. E-Z-Bake bakers’ flour In 98-lb. cotton bags, $7.80. Corn Meal in 100-U). cotton bugs, $1.85, CLEVELAND PRODUCE. CLEVELAND, Nov. 23.-Butter—Ex-tra, in tubs, 50@50%c; prints, 51 @sl %e; extra firsts. 49@49%c; firsts. 48@48%c; seconds, 40@40%e; packing stock, 27@ 28c. Eggs—Fresh gathered, northern extras, 59c; extras firsts, 5Sc: Ohio firsts, new cases, 55e: old cases, 54c: AVestern firsts, new cases. 50c. Poultry—Live, heavy fowls, 20®,22c; light, 16@18c; spring culls, 15®16c; pring ducks. 24@ 27e; turkeys. 45c. Potatoes—Michigan, $3 rer 150-lb. bag; Early Ohios, $2,80 per 2-bu. bag.; Sweet potatoes. Jerseys, $3.75 per barrel; $2.20 per hamper. INDIANAPOLIS PRODUCE. Butter—Local dealers are paying 41 @ 42c per lb for butter delivered in Indianapolis. Eggs—Loss off. 54®.55c. Butter—racking stock, 19@20c. Poultry—Fowls, 10® 22c; springs, 10@t8c; cocks, lt@l2c: stags, 12@13e: young hen turkeys, 8 tbs and up, 35c; young tom turkeys 12 lbs and up, Ssc; old tom turkeys, 28@ 30c; cull thin turkeys not wanted; ducks. 4 lbs and lip, 20@21c; spring ducks, 3 lbs and up. 20c; geese, 10 lbs and up. 17@18c; rabbits, drawn, per dozen, s7@ 8; squabs, 11 lbs to dozen, $5; young guineas, 2-lb size, per dozen, %7@S; old guineas, per dozen, s3@s. dealers are paying 40c per all butterfat delivered in

FOREIGN STOCK MARK TONE IS MUCH EASIER Irish Situation and Fall in Currencies Menaces Trade in Securities. EUROPEAN BONDS WEAK Special to Indiana Daily Times and Philadelphia Public Ledger. LONDON, Nov. 23.—The stock market here yesterday was easier in tone, mora as the result of a scarcity of business than offering of stock, the general run of securities hardly being dealt in at all. The Irish situation and a fall In currencies were considered to be restrictive influences. The Gilt Edge market again held firm. In the foreign bond market, Mexicans reacted and Continental issues were heavy. The home rail market moved fitfully and was easier. Canadian Pacific weakened to 144% in dollar rails. Foreign rails fell away. Industrials showed sagging tendencies, especially in textile, engineering and shipping shares. Oils were weaker, Shells 4%, Mexican Eagles 3 3-10 and Royal Dutch 34. The mining market showed depression in South Africans. Americans were maintained. Instead of being easy, loanable ciedit in Lombard Street was quite stiff, 4 per cent frequently paid for overnight accommodation. Fixtures were renewable at 3%. Bar silver fell to 3.8/1 for spot and 37%d for forward. —Copyright, 1921, by Public Ledger Company,

ASK WEATHER CHARTS FOR USE OF AVIATORS Nation-Wide Reports Are Sought in Recommendation to Hoover. 1,200 IN THE BUSINESS WASHINGTON, Nov. 23.—Dissemination of nation-wide weather forecasts, specialized and adapted to the use of fliers, and the establishment of a transcontinental system of four routes are among recommendations submitted to Secretary of Commerce Hoover by aircraft manufacturers of the United States as requisites for safe flying and the prevention of serious accidents In commercial aviation. Twelve hundred aircrafts were engaged in commercial flying in tills country during the first six months of 1921, according to the report to the Commerce Department, and In this period there were forty bad accidents, exclusive of injuries to Government-owned machines. These mishaps resulted In the death of fourteen persons and the Injury, more or less seriously, of fifty-two. In eighteen Instances there were no casualties. Twelve hundred aircrafts were engaged in commercial flying in this country during the first six months of 1921, according to the report to the Commerce Department, and in this period there were forty bad accidents, exclusive of Injuries to Government-owned machines. These mishaps resulted In the death of fourteen persons and the injury, moi! or less seriously, of fifty-two. In eighteen Instances there were no casualties. In addition to their suggestions for Government weather reports and air routes, the manufacturers pointed out that flying could only be made safe by the use of sound machines, with engines of sufficient power to operate satisfactorily, and that air ports and emergency landing fields sufficiently close together to Insure gliding to safety were also necessary. The need for competent, conservative pilots was likewise stressed. 17 OF 40 MISHAPS TRACED TO PILOTS. Seventeen of the forty accidents during the first half of the year were attributed to the pilot, either because of carelessness, incompetence, bad judgment or for other reasons. “There is no doubt," it was stated,' "that a good pilot can guide a poor machine to safety with greater chance of success than a poor pilot can operate a first-class craft. Therefore, at the very top of the list of Government needs Is placed tlio examination and licensing of pilots. “During the war more than 17,000 young men were trained to fly. The ar* of flying can not be retained perpetually without practice, nor can it be maintained at a high degree of competency without regular examination.” Inadequate landing fields or the total lack of landing facilities are blamed for ten of the accidents.

The Army Air Service points out In this connection that the Government acquired many terminals during the war, but that most of these have now been abandoned. The remainder have been added to the Air Mail cities or private enterprises, but the United States is lacking in air ports for even the 1,200 commercial craft in operation. A survey made by the Manufacturers’ Aircraft Association discloses that in the United States anil it! possessions there are only 271 land and water air terminals, ttT y of which nre concentrated in certain localities. Os the 271 listed air ports 145 are controlled by municipalities, sixtynine are privately owned, and the others are a part of the Army and Navy air services and the Air Mail of the Postoffice Department. MUST MEET FACTORS FOR DEVELOPMENT. “While only two accidents are attributed to the lack of weather reports and two to the lack of clearly-defined routes or limitations in traveling between or over cities," the Air Service declares, “it Is certain that aerial transport cannot develop until these factors are met. As an illustration, two of the worst accidents in our flying history are attributed to these causes. As one was naval and the other military they cannot be Included in th civil table, although in their results they are as harmful to civil flying prospects as though they had occurred to private in/liv luals.” The Air Service calls ttention to the faet that stunt flying .as responsible for half of the reported accidents and asserts that “stunting is necessary to testing and essential to warfare—and it is believed advisable that all pilots know how to stunt, so that in case of an emergency, when only a stunt will save their craft, they will be able to act quickly. The habit of stunting is dangerous, fatal In many instances and always harmful to civil flying. A Government system of control, limiting stunting to certain areas, the statement continues, “will meet this unfortunate condition.” ALDERMAN STOLE KISSES. COLCHESTER, England, Nov. 23. Miss Nellie Burwood, aged 20, had Alderman Charles H. Archer, aged 66, arrested for kissing her. If e admitted the charge an/l gave ns his excuse the fact that ■Nellie was “such a bonr.y girl.” He was released on bonds. USE NO DOG PLATE3. A plate from which a dog has eaten will never again, be used for the preparation of human food among the truf

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