Indianapolis Times, Volume 34, Number 170, Indianapolis, Marion County, 26 November 1921 — Page 13

LEGAL NOTICES. (Continued.) NOTICE OF SALE OF BONDS OF THE PARK DISTRICT OF THE CITY OF INDIANAPOLIS, IND. Sealed bids viii be received by the city controller of the city of Indianapolis, Indiana, until 12 o'clock m on the 15th day of December, 1921, 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 (6','c) per 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 said bond from the date of issue tc 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 all bids or proposals or any part thereof, and shall have the right to accept a part of any bid, and to award upon any bid 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 up*n 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 (2%%) per cent of the face or par value 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 such award, and the successful bidder or bidders shall take and pay for the bonds awarded to him or them and his or their omission, neglect or refusal so to do shall be a breach of the contract of his bid or proposal, on account of which damages shall 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 first class, repealing conflicting laws, and declaring an emergency,” and an act of the General Assembly of the State of Indiana amendatory thereto, approved July 31, 1920, and pursuant to resolution of the board 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.

NOTICE TO TAXPAYERS OF THE CITY OF INDIANAPOLIS OF THE DETERMINATION TO ISSUE BONDS OR OTHER EVIDENCE OF INDEBTEDNESS FOR THE PURPOSE OF PAYING THE CITY'S PART OF THE COST OF IMPROVING A PART OF WEST WASHINGTON STREET; A PART OF INDIANA AVENUE AND A PART OF MADISON AVENUE UNDER CONTRACTS WITH MARION COUNTY. Notice Is hereby given to the taxpayers of the City of Indianapolis. State of Indiana, that the City of Indianapolis by and through Us common council, by ordinance duly passed on the sth day of September, 1921 and approved by the mayor on the sth day of September. 1921, determined to issue seventy-three (73; nerv city bonds of five hundred dollars ($500) each, amounting to thirty-six thousand five hundred dollars ($36,500). said bonds to be dated December 1, 1921. and to be payable in ten (10) series; first series to be for nine (9) bonds; second erles to be for eight (8) bonds and the remaining eight (8) series to be for seven (7) bonds, of five hundred dollars ($500) each; the first of said series being payable on the first day of January, 1923 and one series on the first day of January thereafter to and including January 1, 1932; said bonds to bear interest at the rate of six per cent (69i) per annum, payable semi-annually. Said bonds are issued fur the purpose of raising money to pay the city's part of cost of Improving West Washington street from a point five hundred and thlrtyelght (535) feet west of the west property line of Harris street to the east end -of Big Four Railway Subway; ar.d the city's part of the cost of improving Indiana avenue from the west properly line of Montcalm street to the north property Hue of Sixteenth street: and the city's part of the cost of improving Madison avenue from the north property line of Raymond street to the south property line of Glendale avenue, except the bridge over Pleasant Run; under separate contracts for each of said improvements entered into on the 10th day of August. 1921. by and between the city of Indianapolis, by and through its Board of Public Works, with the approval of its mayor and the County of Marion. State of Indiana, by and through its Board of Commissioners, as provided for and authorized by an Act of the Genera! Assembly of the State of Indiana, entitled. "An Act for an act concerning the improvement of streets and public highways in cities of the first class, which connect with, extend or continue as hard surface public highways beyond the corporate limits of such city in the county in which such city 1s located, providing for the assessment of part of the cost of such improvement against the abutting real estate and that the remainder of the cost of such improvement shall be paid equally by such city and the county in which such city is located, and declaring an emergency." approved March 10. 1921, fixing a time when the same shall take effect. CHARLES W. JEWETT. Mayor. ROBT. H. BRYSON. City Controller. SAMUEL ASHBY. Corporation Counsel. ~ NOTICE TO CONTRACTORS! Separate sealed bids will be received by the board of school commissioners of the city of Indianapolis at the offices of the board, southwest corner of Meridian and Ohio streets. Indianapolis, Ind., until 2 o’clock p. m. Saturday. Dec. 10. 1921, and then opened, for the following: For heating, ventilating, electrical and other mechanical work at Arsenal Technical Schools, in accordance with plans and specifications on file in the office of Snider & Rotz, 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 Wisconsin street sides, estimated cost $1,500. For drainage of playgrounds School 22. estimated cost $3,000. For concrete walls at School SI, Lincoln and South Alabama streets, estimated cost SI,OOO. The work at Schools 22 and 31 to be in accordance with plans anil specifications on file in the office or superintendent of buildings and grounds, southwest corner Meridian and Ohio streets. Each proposal shall be in sealed 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 engineers, or business director, upon application. Proposal must be accompanied by a check, or New York, Chicago or Indianapolis exchange, for 3 per cent of the maximum bid The checks, or exchange, must be drawn payable to the order of the board of school commissioners of the city of Indianapolis, and checks must be certified good by a responsible bank or trust company of Indianapolis. In 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 sureties to the approval of the board, his certified 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 are made a part of the specifications so on file 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 reserve! by the board to reject any or all bids RALPH W. DOUGLASS, Business Director. Indianapolis, Ind.. Nov. 19. 192 L

RAIL STOCKS SLOWLY SELLING PREDOMINATE Chemicals, Oils and Machinery Rise but Little on ’Change. SPECIALITIES INACTIVE Special to Indiana Daily Times and Philadelphia Public Ledger. By MONITOR. , NEW TORK, Nov. 26.—Strength in the •fails and an increase in the number of specialties dominated the stock market. Asa general thing, a rise in standard issues is not consistent with a similar movement in isolated stocks throughout the industrial quarter of the market, but this may have been litttle more than a coincidence today. The rails were bought chiefly for investment account as far as the better class of stocks is concerned, and the strength in Union Pacific, Southern Pacific, Atchison, Reading and stocks of similar character may be explained on that ground. The movement, however. spread to other rails, where itn proved prospects of increasing earnings furnished a basis for optimism. Among the railroad stocks of this character were Missouri Pacific preferred. Colorado & Southern and Wabash A preferred. With reference to this latter stock, there has been a good deal of favorable comment lately. Among the specialties that advanced sharply today were American Sumatra, largely on short covering; Allied Chemical, American Ice, American Hide and I.eather preferred and Otis Elevutor. Oils and coppers showed more strength Mexican Petroleum was quite strong and Pacific Oil and Pierce Oil advanced on heavy transactions. Pierce Oil preferred was up 4 points. It was natural that the strength In the market should cause a steadier tone In the steel shares, but nslde from this sympathetic firmness there was no special influence to account for the moderate gains established by them.—Copyright, 1921, by Public Ledger Company. WALL STREET GOSSIP. By MONITOR. Buying of the railroad stocks which featured trading was largetv for legitimate investment account. For some time past, important interests have been buying the better class of dividend paying stocks together with seme of the lower priced preferred issues. Those purchases Lave been taken out of the market with a resulting reduction cf supply. There remains a stale short Interest of considerable proportions which is finding difficulty In obtaining offerings to cover Its commitments. Union Pacific sold at anew high price for the year, when transactions were made fractionally above 128. The buying In thla stock, ns in Atchison and other high grade railroads, was for investment account.

Colorado Southern has been under accumulation for a long time. The buying is based on a favorable showing to be made this year. Texas & Pacific has been under accumulation by Important interests, and this buying has become more open since the settlement of the litigation with the Missouri Pacific. Buying In Northern Pacific has been in a measure due to the contemplated dividend action of Oulorado Southern. Should thlß latter company declare dividends, us now seems probnfde, it will settle any question as to the Immediate future of Northern Pacific dividends. Allied Chemical and Dye and Matbieson Alkali advanced rapidly, the former on operations Uy the speculative group, which controls it. Several months ago there was a report that some of the companies In Allied Chemical were about to withdraw from the combination and traders sold the stock short. This old short Interest took fright at the strength In the other chemical stocks and covered Its commit a at advancing quotations. The steel ato ks generally were strong, as were the equipments. Short covering apparently was the basts for the move, ment In the former and this was helped by trade statements as to impending rail road orders. The Adriatic arrived from London Fri day with gold valued at $900,000, consigned to Kuhn, I.oeb & Company. Vessels from Central and South American ports brought $54,314 in gold currency, eleven bars of gold and platinum valued at 511,606. Short covering was responsible for the advance In the tobacco stocks, particularly in American Sumatra. It Is understood the General Cigars Corporation may be sold by American Sumatra, but at a price which would wipe out their investment of about $4.500,U!)0. Sales of copper were reported at 13% cents, the highest price in recent months. Under the stimulus of this announcement copper stocks were well bought all day with particular strength in Cerro de Pasco.—Copyright, 1921, by Public Ledger Company.

LEGAL NOTICE. NOTICE TO TAXPAYERS OF THE CITY OF INDIANAPOLIS OF THE DETERMINATION TO ISSUE BONDS OR OTHER EVIDENCE OF INDEBTEDNESS FOR THE PURPOSE OF PAYING THE CITY'S PART OF THE COST OF IMPROVING A PART OF SHERMAN DRIVE; A PART OF SOUTHEItLA.NI) AVENUE AND A PART OF EAST RIVERSIDE DRIVE UNDER CONTRACTS WITH MARION COUNTY. Notice is hereby given to the taxpayers of the city of Indianapolis. State of Indiana, that the city of Indianapolis by and through its Common Council, by ordinance duly passed on the 17th day of October, 1921, determined to issue seventyfive (75) new* city bonds of five hundred dollars ($500.00) each, amounting to thirtyseven thousand five hundred dollars ($37.500.00); said bonds to be dated December 15. 1921, and to be payable in ten (10) series; first series to be for ten (10) bonds; second series to be foi nine (9) bonds and the eight (8) remaining series to be for seven (7) bonds of five hundred dollars (500.00) each; the first of said series being payable on the first day of January. 1923. and one (1) series on th • first day of January thereafter to and Including the first day of January, 1932; said bonds to bear interest at the rate of six (8) per cent per annum, payable semi-anually. Said bonds to be issued for the purpose of raising money to pay the city's part of the cost of improving Sherman Drive from the north property line of Twenty-First street to the north property line of Thirtieth street except space occupied by street railroad tracks, railroad crossings and intersection with Massachusetts; and to pay the city’s part of the cost of Improving Southerland avenue from the west property line of Bellefontaine street to the south curb line of Thirty-Fourth street; and to pay the city’s part of the cost of Improving East Riverside Drive from the north curb line of Sixteenth street to the south curb line of Eighteenth street; under separate contracts for each of said Improvements entered into by and between the city of Indianapolis by and through its Board of Public Works with the approval of its mayor, and the County of Marion, State of Indiana, by and through its Board of Commissioners; said contract relating to Sherman Drive being dated September 8, 1921, and said contracts relating to Southerland avenue ar.d East Riverside Drive being dated October 14, 1921, which contracts were made under and pursuant to an act of the General Assembly of the State of Indiana entitled, "An Act for an act concerning the improvement of streets and public highways in cities of the first class, which connect with, extend or continue as hard surface highways beyond the corporate limits of such city in the County in which such city is located, providing for the assessment of part of the cost of such improvement against the abutting real estate and that the remainder of the cost of such improvement shall be paid equally by such city and the county in which such city is located, and declaring an emergency,' approved March 10. 1921. fixing a time when the same shall take effect. CHARLES W. JEWETT, Mayor. ROBT. H. BRTSON, City Controller. SAMUEL ASHBY, Corporation Counsel.

Stock Market Review

NEW YORK, Nov. 26.—Rails again led the list on the New York Stock Exchange today and Union Pacific sold at the highest price of over two years. Canadian Pacific got up to 120, up nearly 20 points from the year's low. The ease with which these stocks advanced indicated a scarcity of floating supply in brokerage house's. On Friday Union Pacific advanced 3% points on a turnover of only 6,700 shares. Some of the specialties also made new highs. United Fruit sold up 125%, which Is the equivalent of 251 for the old stock. The record high of the old stock was 224%. The bears have had a bad time trying to make any money in United Fruit during the last six months. The stock has commanded a premium lasting for weeks at a time. Otis Elevator Jumped over 8 points. Davison Chemical, however continued heavy, selling down over 6 points from the high of Friday. The market appreciation In bonds and notes over the last two months runs into billions of dollars. This means that bond holders on paper are that much richer today than a few months ago. Their fortunes in bonds and notes have increased any where from 10 to 20 per cent. This advance in Investment security has gone a long way in strengthening confidence la business, more in fact than an improvement in stocks.—Wall Street Journal.

N. Y. Stock Exchange

(By Thomson & McKinnon.) —Nov. 20— Allied Chemical 55 53% 54% 54 Ajax Rubber... 17'4 17 17*4 I*|% Allis-Ciiuluu'ra.. 36% 30% 36% 30 Am. Agricuitur 33*4 33 33% 82% Am. Beet Sugar 29% 29% 29% 28% Am. Car & Fdy.l42 139 142 138% Amn. Can 32% 31% 31% 31% Am. 11. &L. pfd. 56% 56% 56’% 56% Am. Ice 75*% 74% 75 75% Am. inter. Corp. 38% 37% 38% 37% Am. Linseed.... 34 34 34 33% Am, Locomotive 95 95 95 95 Am. Smt. & Ref. 41% 41% il% 41% Am. Sugar Re* 1 56". ou% 56% 50% Am. Sum. Tob. 32 42% 32% 33% Am. Steel Fdy.. 31% 31% 31% 31% Am. Tel. & Te 1.117% 116% 116% 116% Am. Tob 127% 125% 126 125 Am. Woolen .... 80% 79% 80% (9 Atlantic Pete 22% 22% 22% Anaconda Cos. . 45% 45% 45% 40% Atchison 89 8S 88% 88% Atl. Gulf 82% 31% 32% 31% Bald. Loco 97% 96% 9.% 96% It. Si () 3744 374* 37% 37% Beth. Steel 8.. 56% 55% 50% 56 Cal. Pete 41% 43 s 41 44 Can. Pac. Ry... 120% 119 119% 119 Cent. Leather 32 31% 32 31% Chand. Mot 40% 46% 40% 46 C. & 0 59% 59% 59% 59% C., M. & St. P... 24 23% 23% 23 OM&STP. pfd. 38% 38 38 37% Chi. & N VVestn. 70% 69 70 (>*% C. R. I. & Pac. 33% 33% 33% 33% CRIP 0"7 pfd. .. 73% 72% 73% 72 ( RIP 7% pfd. .. SO So 86 84 Chile Copper .. 12% 12% 12% 12% Chino Copper .. 27% 27% 27% 27 Coca Cola 38 38 38 37% Col. Fuel & Iron 24% 24% 24% Columbia Gas.. 04% 63% 64% 64% Columbia Graph 3% 3% 3% 3% Cons. Gas 95 94% 94% 94% Con. Can 49 4!) 49 Cosden Oil 34% 34 34 34% Corn Prod 88% 88 S8 88% Crucible Steel .. 05% (15 65 04% (Alban Am. Sug. 15 15 15 Cuba Sug 8% 7% 8% 8 Del. & llud 110 109% 110 108 Erie 12% 12% 12% ll% Erie Ist pfd. .. 18% 18% 18% 17% Famous Players 70% 69% 69% 70 Fisk Rubber Cos. 10 9% 10 9% Gen. Asphalt 65 64 % 04% 64% Gulf States Steel 50% 49 50% Gen. Electric ...137% 136% 137% 135 Gen. Motors.... 11% 11% 11% 11% Gt. North, pfd.. 76 75 75% 74% Gt. North. Ore.. 35% 34% 35% 34% Houston 01L... 88% 88% 88% 78% Haskell Barker. 79% 79% 79% 79 Illinois Cent 98 97% 98 97 Inspiration Cop. 38 37% 37% 37% Invincible Oil 12 11% 11% 11% Indtahonia 4 4 4 4 Inter. Harvester 78% 77% 78% 78 Int’l Nickel 13 12% 12% 12% Infer. Paper 50% 56 50% 50% Isl. Oil A- Trans. 3% 33% 3% K. C. South 25% 2)% 24% 24% Kennecott Cop.. 24% 24% 24% 24% Lack. Steel .... 43 42% 42% 43 Lehigh Valley.. 57% 57 57 57 Lee Tire 28 27 % 28 27% Loews. Inc 14% 14% 14%' 14% Loft Candy 10 9% 10 9% Marino Com... 12% 12% 12% 12% Marine pfd 56% 55 55% 50 May Stores 1)0% 58) 90 89% Marvliind OIL. 28% 28% 28% 28% Mont Ward 13% 15 15% 15% Mexican Pet.... 116% 115% 115% 115% Miami Copper.. 25% 25% 25% 25% Middle S. Oil.. 15% 15% 15% 15% Midvale Steel.. 25% 25 25 24% Missouri Pac... 19% 19% 19% 19% Missouri Pac. p. 49 48% 48% 48% Nat. E. & 5.... 41% 41% 41% 41% Nevada C. Cop. 14% 14% 14% 13% N. Y. Air Brake 58 58 58 57 N. Y. Central.. 74% 74 74 73% New Haven .... 13% 13 13% 13*4 Norfolk A West. 99% 99 99 79% North. Pac 80% 79% 80% 79% Pure Oil 36% 36% 36% 36% Pac. Oil 46 45% 4554 45*4 Pan-Amer. Pet. 52% 51% 52 51% Penfia. Ry 34% 34% 34% 34% People’s Gas.... 58 58 58 57% Fierce-Arrow .. 13% 13% 13% 13% Pierce Oil C 0... 14 13% 13% 13% Pittsburgh Coal 60 59% 59% 60 Pressed S. Car. 65 03% 65 03% Pullman Pal C. 109% 109 Km 108% Reading 73% 73% 73% 73% Rep. I. A steel 50% 49% 50% 51 Roy. I. of N. Y. 40% 46% 40% 40% Sears-Roebuck.. 65 03% 64% 65 Sinclair 28% 23% 23% 23% Stoss Shf. 8. A I. 4040 4040 Southern Pacific 81% SI , 81% 80% Southern Ry.... 20% 20% 20% 2'*% St. L. A Sw. Ry. 23% 23 23% 22 Std. Oil. N. J.. 178% 175 175 175% St LA 8 F com. 23% 23 23% 2", Stromberg Carb. 31 31 31 30% Studebaker .... 75% 75% 75% 75% Tex. Coal A Oil. 30% SO 30% 30 Texas Cos 46% 46% 40% 46% Texas A l’nc.... 26 25% 25% 25% Tobacco Prod... 60% 59% 60 60 Trans. Oil 10% 9% 10 10 Union Oil 21% 20% 21 21 Union Pacific...l3o 128% 169% 128% Until. Ret. Strs. 53% 53 53 53% United Fruit C. 126 122% 122% 121 United Drug .. 72% 72% 72% 72% U S. In. Alehol 40 39% 4040 17. S. Rubber.. 49% 48% 49% 49 IT. S. Rubber p 95 95 95 94% U. S. Steel 83% 83Vi 83% 83% r. S. Steel pfd 112% 112% 112% 112% Utah Copper... 59% 58% 58% 58% Vanadium Steel .32% 32% 32% 32% Vir-Car. Chem.. 32% .32% ,32% 32% Wabash Ist pfd 23 22% 2.3 22% White Oil 1.3% 1.3% 13% 1.3% Western Union 91 91 91 89% Westing. Elec.. 48% 47% 4.8% 47% White Motors.. 38'/. 38% 38% Willy s-Overland 5% 5% 5% 5% West. Toe 20% 20% 20% 20% NEW YORK LIBERTY BONDS. —Nov. 26 Prov. High. Low. Close, close. Liberty 3%s 96.40 96.20 90.24 96.20 Liberty Ist 4s 06.18 Liberty 2d 4s 95.70 95.22 Liberty Ist 4%g . 90.20 95.90 96.18 95 90 Liberty 2d 4%5.. 96.10 95.04 95.9.8 95.46 Liberty 3d 4%5.. 97,48 96.86 97.22 90.80 Liberty 4th 4%5. 96.38 95.88 90.38 95.75 Victory 3%s 99.98 99.94 99.9.8 99.96 Victory 4%s 99.98 99.94 99.98 99.90

CHICAGO STOCKS. (By Thomson & McKinnon.) —Nov. 26Open. High. Low. Close. Armour pfd 94% 94Vi 04% 94% Armour Leather 12% Carb. and Curb. 40 46% 45 s i 40 Libby 6% 0% 6% 0% Montgy.-YVard. 15V 15% 15 15 Natl. Leather... 3*3 2% 3 Plggly Wiggly. 19% Swift & Cos 99% Swift Internatl. 21% 21% 21 21 NEYV YORK HIDES. NEW YORK, Nov. 26.—Hides were firm in trade on the market here today, native steer hides selling at 15@15%c and branded steer bides at 15@15%c per pound. NEW YORK YVOOL. , NEYY' YORK, Nov. 26. —Trade in wool .tvas rather unsettled on the market here today. Prices ruled steady generally, values of the past week being maintained. NEYV YORK TURPENTINE. NEYV YORK, Nov. 26.—Turpentine sold at Slo. per gallon in trade on the market bgre today.

INDIANA DAILY TIMES, SATURDAY, NOVEMBER 26, 1921.

STOCK MARKET TONE IS STRONG Standard Oil Issues Shows Largest Gain of Initial Hour. NEW YORK, Nov. 28. —The stock market showed a strong tone at the beginning of business today. United States Steel started % of a point higher at 83% and Baldwin Locomotive showed a gain of % of a point at 97. American Tobacco moved up 1% points to 126%. The railroad issues continued in demand, Union Pacific advancing % of a point to 129, while Northern Pacific rose % of a point to 80.Mexican Petroleum showed a gain of % of n point at 110. Chandler Motors moved up % of a point to 46%. Standard Oil of New Jersey was 2% points higher at 178%. Total sales of stocks were 451,500 shares; bonds, $12,734,000. Total sales of stocks for the week were 3,287,000; bonds, $91,779,000. (By Thomson A McKinnon.) —Nov. 26 The international situation, in so far as the matter of armament is concerned, does not look as good today as it (lid at the opening of the Washington conference and it Is just possible that a minimum rather than a maximum of good will result from the present negotiations and if the hope of world wide reductions of armament had been a real factor In our recent stock market there can be little doubt but that Us Influence today would be against values, but we think that the market has demonstrated conclusively that It Is resting upon a commercial, rather than a political foundation and has been moving forward because of the prospect of increased earnings. The world-wide peaceful and happy conditions pictured by the idealist may be enjoyed by generations in the fardistant future, but we will have to continue to cope with world problems Just as we have beeu doing and try to make the best of it. At all events, the market acts in most encouraging way. It Is broadening and moving forward, not in the spectacular fashion of a few years ugo, but in a more substantial manner, slowly but certain and through the process of frequent reactions, maintaining a sound technical situation. We have had advances in nearly all groups of stocks and In many of the specialties, railroad shares have gained In popularity. Some of them have made new highs on this advance uud they have some distance to go before they shall have reached a price more in conformity with their value. We expect this upward tendency to continue keeping pace with the improvement to come In the various industries and continue to favor the purchase of stocks on the reactions. TWENTY STOCKS AVERAGE. NEW YORK, Nov. 26. —Twenty industrial stocks Friday averaged 77 31, up .97 per cent. Twenty active rails averaged 74.17, up 1.07 per cent. CLEARING HOUSE STATEMENT. NEW YORK, Nov. 26.-- Exchanges, $756,500,000; balances, $257,500,000; Federal Reserve Bank credit balances, $46,200.000.

Money and Exchange

Indianapolis bank clearings’ Saturday were $2,7>0,000. For the week ending Saturday the clearings totaled $14,058,000. NEW YORK. Nov. 26.—The foreign exchange market opened weak today with demand Sterling lc lower at $3.98. Francs yielded 1% centimes to 6.91 c for cables, and 6 90c for checks. Lire were unchanged at 4.05 c fur cables and 4.04 c for checks. Belgian cattles were 0 50c; checks, 6,49 c. Marks were .0033%e. Guilder catdes were 35.70 c; checks, 35.09 c. Sweden kronen cables were 23.50 c; checks, 23,45 c. NEW YORK BANK STATEMENT. NEW YORK. Nov. 26—Average—Loans, decreased $12,331,000; demand deposits, decreased $10.884,000; time deposits decreased, $630,000; reserve decreased, $4,429,400; actual loans, decreased $29,230,000; demand deposits decreased, $4,107,000; time deposits, increased, $1,900,000; reserve, decreased, $15,053,500. MOTOR SECURITIES. (I!y Thomson A McKinnon.) —Nov. 26. — —Closing— Bid Ask Briscoe 9% 10% Packard com 6% 7 Packard pfd 70 72 Peerless 38% 40 Con. Mot. com 5% 0% i Con. Mot. pfd 80 85 j Hupp com 10% 11% llupp pfd 92 06 Reo Motor Car 19% 20 Elgin Motors 4 4% i Grunt Motors 1% 1% ! Ford of Canada 244 248 Int. Mot. com 27 I National Mot 1% 3 1 Federal Truck 14 16 Paige Motors 13 15 Republic Truck 7% 7% ACTIVE OIL STOCKS. (By Thomson A McKinnon.) -—Nov. 26. —Opening— Anglo-American Oil 18% 19 Atlantic Lobos 10% 10% Borne-Scrymser 320 340 ! Buckeye Pipe Line 8-1 87 ! Cheseb rough Mfg.'Oons 180 195 Continental Oil, Colo 122 128 Cosden Oil and Gas 6% 8% Crescent Pipe Line 30 83 I Cumberland Pipe Line 145 155 Elk Basin Pete 7% 7% Eureka Pipe Line 84 85 Galena-Signal Oil, Prof 1(H) 105 1 Galena-Signal, Com 45 49 Illinois Pipe Line 171 175 i Indiana Pipe Line 84 87 . Merritt Oil 16% H ! Midwest Oil 2% 3 Midwest Kfg 170 180 | National Transit 29 30 I New York Transit 147 152 ] Northern Pipe Line 95 99 i Ohio Oil 285 290 Oklahoma P. & It 4% 5 1 Penn.-Mix 22 29 j l’ralrle Oil and Gas 575 585 Prairie Pipe Line 234 282 I Sapulpa Refg 4 4% Solar Refining 360 380 } Southern Pipe Line 88 93 ! South Penn Oil 230 235 ! Southwest Penn Pipe Lines.. 57 60 'standard Oil Cos. or Ind 88 88% ! standard Oil Cos. of Kun 575 500 Standard Oil Cos. of Iv. Y. ..435 445 | Standard Oil Cos. of Neb. .170 180 \ Standard Oil Cos. of N. Y.... 885 390 Standard Oil Cos. of 0hi0....400 440 Swan A Finch 40 50 VaciViun Oil 330 835 Washington Oil 35 40 NEW YORK CURB MARKET. (By Thomson A McKinnon.) —Nov. 20. —Closing— Bid Ask Acme Packing 80 85 Curtis Aero, com 1% 2 Curtis Aero, pfd IS ! Goldfield Con 4 6 Martin l’orry 16% 18% Jumbo Extension 4 7 Imperial Oil (Del) 10% 10% International Petroleum 16% 16% Standard Motors 4% 5 Salt Creek 13% 14 Tonopah Extension 1% 1% Tonopah Mining 1% 1% United P S New 1% 2 U. S. Light and Heat 1% 1 7-10 ; U. S. Light and Heat pfd 1% 1% Wright-Martln 2 5 Yukon Gold Mine Cos 1 1% Jerome 25 28 I New Cornelia 16 17 I United Verde 26% 27% I Sequoyah 7 10 Omar Oil 88 90 Rep. Tire 15 25 NEW YORK SUGAR. NEW YORK, Nov 26. —There was a fair export demand for raw sugar here today. There were no sales or Cubas, but Porto Ricos were quoted at 3.875 c per pound delivered. Refined sugars were -steady, fine granulated selling at 5.20iu 5.30 c and No. 1 soft at 5.30 c per poMnd, delivered. NEYV YORK COFFEE. NEW YORK. Nov. 20.—Coffee was steady in trade on the market here today, opening options being unchanged to 9 points higher. Rio No. 7 on spot sold at B%c per pound. NEW YORK RICE. NEW YORK, Nov. 26.—Rice values were irregular In trade on the market here today, domestic selling at 3@7%c per lb.

New York Bonds

(By Fletcher American Cos.) FOREIGN GOVERNMENT BONDS. —Nov. 26Bid. Ask. Arg. (Unlisted) os Sept. 1, ’45. 72 74 Belgian 6s Jan. 1, 25 96 96% Belgian 7%s June 1, ’45 104 104% Belgian Bs, Feb. 1, 41 104% 105 Berne Bs, Nov. 1, ’45 100% 107 Chile Bs, Feb. 1, ’4l 101 101% Christiania Bs, Oct. 1, ’45...106% 107 Copenhagen 5%5, July 1, ’44...89% 90 Danish Mun Bs, Feb. 1, ’46. .106% 107% Denmark 8s Oct. 15, ’45. ...108% 169 •Canadian 5%5, Dec. 1, ’22... 90% 91% •Canadian 6%5, Nov. 1, ’23... 89% 90% •Canadian 5%5, Nov. 1, ’24... 88% Oo •Canadian ss, Dec. 1, ’25 86% 88 Canadian os, Apr. 1, ’2O 96 96% •Canadian 5%5, Dec. 1, ’27... 90% 91% Canadian 5%5, Aug. 1, ’29 97 % 97% Canadian ss, Apr. 1, ’3l 94% 95% •Canadian ss, Oct. 1, ’Bl 86% 88 •Canadian 5%5, Nov. 1, ’33.. 99% 91% •Canadian 5%5, Nov. 1, ’34.. 89% 88% Canadian ss, Meh. 1, ’37.... 92% 93% •Canadian 5%5, Dec. 1, ’37... 92 % 93% •French (Viet.) ss, Opt. ’3l. 53 55% ♦French 4s, Opt. ’43 44 45% French Bs, Sept. 15, ’45 101% 101% ♦ltalian (War) 5s 31 32% .Taj; (First) 4%s Feb. 15, ’25 86% 87 Jap (S.) 4%5, July 10, ’20.. 80% 87% Jap 4s Jan. 1. ’3l 70% 71% Norway Bs, Oct. 1, ’4O 108 109 Sao Paulo Ss, Jan. 1 ’36. ...101% 102 Swedish (is, J line 15, ’B9 9ii% 97% Swiss 5%5. Aug. 1. ’29 95% 96 Swiss Bs, July 1, ’4O 11l 112 U. K. 5%5, S'ov. 1, ”22 99% 99% U. K. 5%5, Aug. 1, ’29 95 % 99% U. K. 5%5, Feb. 1, '37 95% 90% Zurich Bs, Oct. 15, ’45 106% 107 Brazil 8s .' 103% 104 French 7%s 96% 96% Uruguay 8s 102% 103 Argeutena 7s 99% 100 •Internal Loans. CORPORATION BONDS.# Bid. Ask. Am. Cos. of Am. 7s, Nov. ’25.101% 101% Am. Cot. OH 6s, Sept. 2, ’24.... 95% 96 Am. Tel. (is. Oct., ’22 100 110% Am. Tel. Os. Feb., ’24 99% 100% Atu. Thread os. Dec., ’2B 99% 100% Am. Tob. 7s. Nov., ’22 101 101% Am. Tob. 7s, Nov., ’23 101% 102 Anaconda 6s, Jan., ’29 96 96% Anacomlu 7s, Jan., ’29 100% 101% Anglo-Am. Oil 7%5, April, ’25 103% 103% Armour 7s, July 15, '3O 102% 102% At. Ref. 6%5. March, ’3l 103% 104% Bell Tel. Can. 7s. April. ’25.. 99% 100% Beth. Steel 7s, July 13, ’22 1% 100% Beth. Steel 7s. July 15 ’23... 100% 100% Can. Pacific Cs, March '24.. 99% 100% Cen. Arg. Ry. 6s, Feb., ’27 90% 91% C., R. 1. & P. 6s. Feb., '22... 99% 100% Con. Gas Bs. Dec., '2l 100% 101 Copper Exp. Bs. Feb. 15, ’22...100% 101% Cep per Exp. Ss, Feb. 15, ’23..102 102% Copper Exp. Kg, Feb. 15, '24. .103% 103% Copper Exp. Bs, Feb. 13, '25..104% 105 Cudahy 7s, July 15, ’23 100% 100% Fed. Sugar Os, Nov.. '24 97 97% Goodrich 7s, April, '25 97% 97% Gulf Oil 6s. July, '23 99% 100% Gulf Oil 7s. Feb., ’33 102% 102% Hock Valley 6s, March, ’24... 97 % 98% Humble Oil 7s, March 15, ’23.10) 100% lut. R. T. 7s, Sept., ’2l 73 75 K. C. Term. 6s Nov. 13, ’23.... 99% HHi% Kenn. Copper is, Feb., '3O 100 100% Laclede Gas 7s. Jan.. ’29 97 98 Proctor A G. 7s, March. '22. .100% 100% Proctor A G. 7s. March. ”23.... 101% 101% Pub. Ser. N. J. 7s. March, '22. 99 99% 11. J. Reynolds (is. Aug.. '22.. 100% HH'% Sears Roebuck 7s, Oct. 15. '22.100% 100% Sears Roebuck 7s, Oct. 15. '23.100% 100% Sinclair 7%5, Mav 15, '25 99% 99% Solvuy A Cle Bs. Oct. '27 103% 104% Southern llv. 6s. March. ”!'2... 99% 99% S. W. Bell Tel. 7s, April, '25.100% 101% Stand. OU (Cal) 7s. Jan.. '81.100% 100% Stand.O.(N.V.)7s, Jan., "25-’51.103% 108% St. Paul U D 5%5, Dec. 15, '23. 98% 99% Swift 7s, Oct 15, '25 100% KM % Texas Cos. 7s, March 1. '23...101% 101% Utah Sec. 6s. Sept. 13, '222.. . 97% 98 West. Electric 7s. April, ’25.104% 104% Westlnghouse 7s, May, '31.... 1(85% 103%

Local Stock Exchange

—Nov, 26STOCKS. Bid. Ask. Ind. Ry. A Light com 00 63% Ind Ry. A Light pfd 75 Indpls. A S. E pfd 75 Indpls. A N. W. pfd 75 Indtds. St. Ry 36 41 T. 11., T. A L. pfd 51 T 11., I. & E. pfd 15 T .11., I. A E. com 5 U. T. of Ind. com 1 U. T. of Ind. Ist pfd 7 U. T. of Ind. 2d pfd 2 Advanee-Runiely com 10 Advance Rurally pfd ... Am. t’reosotlng pfd 92 Am. Central Life 150 ... Belt It. K. com. 58% 66 Belt R. It pfd 43 Century Bldg. Cos. pfd 91 Citizens Gas Cos 24% ... Dodge Mfg. Cos. pfd 88 Home Brewing 49 Ind. Hotel com 60 Ind. Hotel pfd 94 Ind Nat. Ins. Cos 3% 5 Ind. Title Guar. Cos 47% ... Ind. Pipe Lines 79 85 Indpls. Abattoir pfd 40% 50 Indpls. (Ins 42% 49 Indpls. T’el com 2 Indpls. Tel. pfd 90 Mer. Pah. Util, pfd 41% ... Nat. Motor Car Cos 1% 3 Pub Sav. Ins. Cos 4% ... Ranh Fertilizer pfd 40 Stand. Oil of Indiana 85% 88% Sterling Fire Ins. Cos 7 7% Van Camp Hdw. pfd 100 Van ('amp Prod. Ist pfd 101 Van Camp Prod. 2d pfd 100 Y'nndalla Coal Cos. com 5 Vandmlin Coal Cos. pfd .5 9 Wabash Ity- com 7% 9 Wabash Ry. pfd 21 24% BONDS. Broad Ripple 5s .50 Citizens St. Ry. 5s 67% 75 Indian CU Coal A Mine 100 Ind. Coke A Gas 6s 83 89 Indpls., C. A S. 5 90% ... Indpls. A Martinsville 55.... 53 Indpls. North. 5s 36 43 Indpls. A N. W. 5s 48 56 Ind(ils. & S. E. 5s 4.5 Indpls. A S. E. 5s 75 Indpls. St. Ry. 4s 40% 50 Indpls. T. AT. 5s 69% 73% T. IL. I. A E. 5s 50 I'. T. of Ind. 6s 47% 51% Citizens Gas Cos. 5s 78 85 Indpls. Gas 5s 75 84 Kokomo. M. A W. 5s 77% 88 Ind. Hotel Cos. 2d 6s 94 Indpls. L. A 11. 5s 80 87 Indpls. Water Cos. 4%s 74 ... Indpls. Water Cos. 5s 91% ... Mer. TI A L. 5s 93% 99 New Tel. Ist 6s 94 New Tel. I-. D. 5s 93% ... Sou. Ind. Power 5s 88% LIBERTY BONDS. Liberty Ist 3%s 96.00 96.34 Liberty Ist 4%s 95.50 95.80 liberty 2d 4%s 95.24 95.54 Liberty 3d 4%s 90.60 96.90 Liberty 4th 4%s 95.16 95.76 Victory 3%s 99.80 90.94 Victory 4%g 99.80 99.94 Local Curb Market (By Newton Todd) —Nov. 20— Am Hominy com 'l4 20 Burdick Tire 1 2 Central & Coast Oil 1 2 Choate Oil C0rp...... % i% Columbian Fire Ins, Cos 6 7% Comet Auto 1% 2% Dayton Rubber Units .v.. 68 76 Dictograph Prod, pfd 46 55 I) \V. Griffith 8 9% Elgin Motor Car 3% 5 Federal Fin. Cos. pfd 75 85 Fed. Fin. Cos. com 120 127 Gt. Sou. Irod. A Ref 5% 6 Hurst A Cos. pfd 25 45 Indiana Rural Credits 53 65 Metro. 5-10 c Stores com 8 11 Metro. 5-50 c Stores pfd 25 30 National Underwriting 3% 5 Revere Motors % % Rauch A Lang Units 45 53 Kub-Tex Units 15 17% E S Automotive Units 70 80 Ui Si Mtg. Cos. Units 145 155 BANK STOCKS. Commercial Natl. Bank 71 81 Continental Natl Bank 109 116 Indiana Trust Cos 175 190 Indiana Natl. Bank 258 208 Merchants Natl Bank ...... 280 Natl. City Bank 105 110 Security Trust Cos ....130 State Savings A Trust 91 96 Wash. Bank & Trust C 0.... 150 ... 1

SCORN AND OATS SHOW WEAKNESS Wheat Makes Fair Gains After Early Losses. CHICAGO, Nov. 26. —Wheat prices advanced in late dealings on the Chicago Board of Trade today, while the corn and oats did not recover from their early weakness. Wheat started out weak, but strengthened toward the close on better reports of the Liverpool market. Commission houses sold corn and oats freely. Provisions were irregular. December wn ;at opened up lc at $1.11% and closed up %e. May wheat opened' up %e at $1.14% and closed Mp l%c. December corn opened off l%c at 49c and closed unchanged. May corn opened off %c at 54%c nud closed, down %e. December oats opened unchanged at 33%c and closed at that figure. May oats opened up %c at 38%c and closed unchanged. —Nov. 26 (By Thomson & McKinnon.) Wheat—Easiness In foreign markets and the usual evening up for the end of the week gave slightly lower prices In wheat early, but, as for some time past, the market quietly absorbed all offerings, responding later to a fair export business in Manitoba wheat. Liveriiool prices were influenced by favorable 'news from the Argentine croj) and liberal shipments, from Australia. Offsetting this in the world’s situation, we are told that the rlee crop in Japan and China is below an average: in fact, will not fill home requirements. Possibly this aei cdunts for the liberal buying of wheat attributed to the Orient for some time past. It is also said that rains in Australia are delaying harvest. As to the domestic situation, the flour trade remains dull, nonetheless, choice milling wheat maintains strong premium-, largely because of scanty receipts. So long as receipts of our own wheat remain light and so long as the actual clearances from the seaboard remain as liberal as in the past, the market will, in all probability, recover from every depression. Corn and Oats —It is claimed that the export demand for corn is less urgent. ; Supporting this, is the fact that cash : interests were moderate sellers of the DeI comber delivery rather than buyers as recently. The market has lacking support, being influenced more by this than by any heavy selling. Poor growth of winter wheat makes less than the usual amount of pasturage in some sections and the early appearance of rough weather In either sections necessitates more than the usual amount of farm feeding. We believe nil depressions in both corn and oats should be accepted as opportunities for the patient Investor. Provisions —Scattered selling has appeared in the provisions list under the expectation of liberal hog receipts next week. The market has'' lacked support and trade has been of small volume. In this market, as in grains, we think developments will favor the buyer. CHICAGO GRAIN TABLE. —Nov. 20— WHEAT— Open. High. Low. Close. Dec 111% 1.12% 110% 1.12% May.... 1.14% 1.15% 1.13% 1.15% iCORN—j Dec 40 .49% .48% .49 > May 54% .54% .54 .64 ;OATS — Dec 33% .33% .32% .33"' May 38% .38% ,3b .38% PORK—'•fan 14.65 LARD— Jan 8 45 8 50 8 45 8.50 May 8.90 8.95 8.87 8.87 RIBS—i 'Jan 730 | May 7.65 1 RYE— Dec 80 .86 .84% .85% May 91% .91% .90 .91% •Nominal. CHICAGO CASH GRAIN. CHICAGO, Nov. 26. —Wheat—No. 2 mixed, $115; No. 2 hard winter, $1.13%. 1 Corn—No. 2 mixed, 50®51c; No. 2 white. 150%51c; No. 2 yellow, 50(351 %•; No. 3 ! mixed, 49%@51c; No. 3 white, 49%c. No. 3 j yellow, 48%@50c; No. 4 mixed, 48% ©49c; i No. 4 yellow, 48%49c. Oats—No. 2 white, |36%0: No. 3 white, 32©34%c; No. 4 white, j 30®. 34c.

TOLEDO GRAIN PRICES. TOLEDO. Nov. 20.—Wheat—Cash, $1.20% ; December, $1.20%; May. $1,321;. Corn Cash. 55®36c. Oats—Cash. 39@41e. Rye—Cush, 86c. Barley—Cash, 62c. PRIMARY MARKETS. (By Thomson & McKinnon.) Nov. 26 —Receipts— Wheat. Corn. Oats. St. Joseph IS.(HR) 31.000 12.000 Chicago 06,000 332,000 165,000 Milwaukee 27.000 27.000 Minneapolis... 217.000 39.000 27,000 Duluth 270.000 22.000 2.000 St. I.ouls 40.000 82,000 16.000 Toledo 6.000 13,000 6,000 Detroit 5.0(H) 4.000 2,000 Kansas City.. 165,000 36.000 9,000 Omaha 24,000 60.000 indlunapolls.. 12,000 95,000 50,000 Totals 818.000 741.(HR) 316.000 Year ago. .1.325.0(H) 502,000 575,000 Shipments— Wheat. Corn. Oats. St. Joseph 26.00 14,000 Chicago 82,(RH) 220.000 39,000 Milwaukee ... 38.000 0.0(H) 41.0(H) Minneapolis... 107.000 20.000 100.0(H) Duluth 460.0(H) St. Louis 54.0(H) 60.000 48,000 Toledo 2,(HR) 14.000 11,000 Detroit 4 000 2,000 Kansas City.. 109.000 23,000 21,000 Omaha 140.000 49,000 Indianapolis 34,000 22,000 Totals 1,028.000 440,000 285,000 Year ago.. 958,000 221,000 453.000 —Clea ranees— Wheat. Corn. Oats. New Y'ork... 261.000 17,000 50,000 Philadelphia... 43,00 Totals 307.000 17,000 50,000 Year ago... 692,000 INDIANAPOLIS CASH GRAIN. —Nov. 26Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—No sales. Corn—Easier; No. 2 white. 53@53%c; No. 3 white, 51%@52c; No. 2 yellow. 54® 54%c; No. 3 yellow, 52%@53e: No. 2 mixed, 51%®52c; No. 3 mixed, 30%@51e. Oats—Steady; No. 2 white, 38@39c; No. 3 white, So@37c. Hay—Steady: No. 1 timothy, $17®17.50; No. 2 timothy, $16.5t>®17; No. 1 light clover mixed, [email protected]; No. 1 clover hay, $19@20. —lnspections YY’heat —No. 3 red, 2 cars; sample, 1 car; total, 3 cars. Corn—No. 3 white, 3 cars; No. 4 white, 8 cars; No. 5 white, 4 cars; No. 1 yellow, 4 cars: No. 2 yellow, 2 cars; No. 3 yellow, 3 cars; No. 4 yellow, 10 cars: No. 5 yellow, 10 cars; No. 6 yellow, 3 cars' sample yellow. 1 car; No. 3 mixed, 1 car; No. 4 mixed. 3 cars; No. 5 mixed, 1 car; total, 53 cars. Oats—No. 2 white, 1 car; No. 3 white, 7 cars; No. 4 white, 1 car; total, 9 cars. BOARD OF TRADE STATEMENT. The weekly statement of the Indlnnnpolls Board of Trade showing the output of flour by local mills, inspections for the week and stock In store, follows: COMPARATIVE STATEMENT. Output of flour — Bbls. Nov. 26. 1921 6,342 Nov. 19. 1921 ~. 8,343 Nov. 27, 1920 7,498 Nov. 29, 1919 10,942 —Bushels— Inspections for week— 1920 1921 Wheat 25.000 1.300 Corn 302.000 1(55.000 Oats 124,000 116.000 Rj-e 1,400 6,000 Hay—l car. STOCK IN STORE. Wheat. Corn. Oats. Rve Nov. 26, 1921.321.870 284.500 418,000 1,670 NoV. 27, 1920.210.810 359-810 495,540 .. Nov. 29, 1919.555,680 202.230 170.500 61,790 HAY MARKET. The following are the Indianapolis .rices for hay by the wagon load, delivered: Hay—Loose timothy, $16@17; mixed may, sls@ie; baled hay. $16@17. Oats—Bushel, new, per bushel, 32@35c. Corn —Old. per bushel. 55@00c. WAGON WHEAT PRICES. Indianapolis flour mllis and elevator* 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. Oats are quoted at 25c foi No. 3 white or better.

HOGS STEADY TO 20 CENTS HIGHER Receipts of Swine, Cattle, Calves, Sheep Are Light. RANGE OF HOG PRICES. Good Good Good Nov. Mixed. Heavy. Light. 18. $8.75 $S.65@ 6.75 $6.85® 7.00 18. 6.75 6 65® 5.75 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 6.86® f.lo 26. 7.10® 7.35 7.00® 7.10 7.35® 7.60 26. 7.20® 7.40 7.20 7.50® 7.65 With receipts around 6,500 and practically the principal buyers active, swine prices were steady to 20c higher in trade on the local livestock market today. Light swine sold at steady prices generally, but there were a few sales of that grade at $7.65, which was the top for the day. Pigs sold at $7.75 generally, with the demand fair. Mixed and medium brought $7 [email protected] and heavies $7.20. The schedule upon which many of the sales were made follows : Hogs weighing 190 lbs and down, $7.50; 190 to 210 lbs, $7.40; 210 to 225 lbs, $7.30, and,225 to 275 lbs, $7.20. There were but few extremely heavy swine on the market. The bulk of the sales for the day were made (it [email protected]. Receipts of cattle were extremely light, and, with trading fairly active, prices ruled steady generally. Veal prices were 50c to $1 higher, due principally to light receipts. There was a top of sll on choice veals, while the bulk of that grade brought $10.50(3:11. Receipts in calves ran around 150. Prices of sheep and lambs were steady for the quality offered, with receipts light at less than 100. A few good lambs sold at SB, which was the top for the day. HOGS. Best light hogs, 150 to 180 lbs. average 5 7.50® 7.65 Over 130 lbs 7.00® 7.20 150 to 300 lbs 7.00® 7.65 Sows 6.00® 6.50 Stags 4.50® 6.00 Best pigs under 140 lbs 7.75 Top 7.65 Bulk of sales 7.20® 7.40 CATTLE. Prime cornfed steers, 1,300 to 1,800 lbs 7.25® 8.25 Good to choice steers, 1,200 to 1,300 lbs 6-50® 7.25 Good to choice steers, 1,100 to 1,200 lbs 6.00@ 6.50 Good to choice steers, 1,000 to 1,100 lbs 4.75® 5.75 Common to medium steers, 800 to 1,000 lbs 4.25@ 4.75 Choice yearling steers S.OU©II.OO —Heifers and Cows— Good to choice heifers 6.50® 8.00 Medium heifers 5.00® 6.00 Common to medium heifers.. 3.50® 5.00 Good to choice cows 2.25® 375 Fair to medium cows I.oo® 2.00 Cutters Canners .75® 1.5 J —Bulls— Good to choice butcher bulls. 3.50® 4.00 Bologna bulls 3.o*J@ 3.25 Light bologna bulls 2.25® 275 Light to common bulls 2.00® 2.25 Choice veals 10.50® 11.00 Good veals 9.50® 10.00 Medium veals 8.50® 9.50 Lightweight veals 6.00® 8.00 Common heavyweight veals.. 3.00® 5.50 —Stockers and Feeders— Good to choice steers, under 800 lbs 4 50® 5.50 Medium cows 2.00® 3.00 Good cows 3.00® 4.00 Good heifers 5.00® 7.00 Medium to good heifers 4.OM® 5 00 Milkers [email protected] SHEEP AND LAMBS. Ewes ....••••.•• I.oo® 2.50 Bucks 1.50® 2.00 Choice ewes and wether lambs 7.00® 8.00 Seconds 5.00® 6.00 Buck lambs 5.00® 650 Culls 3.00® 5.00

Other Livestock

CHICAGO, Nov. 26.—Hogs—Receipts, 6,500; market, active and strong to 10c higher: bulk of sales, [email protected]; tup, $7 15: heavies, [email protected]; mediums. $0.93 (0.7.15; lights. [email protected]; light lights $7 @7 15; heavy packing sows, smooth. $6.25 @6.75: packing sows, rough. $5.90@635; pigs, [email protected]. Cattle —Receipts, 1,000; market, steady. Sheep and lambs—Receipts, 2,000; market, fairly active and steady. CINCINNATI. Nov. 26.—Hogs—Receipts, 1.500; market, steady to 25c higher: heavies and mediums, $7.25; lights, $7.75; pigs, $8: roughs, $5.75: stags, $4.75. Cattle —Receipts, 150; market, steady; bulls, steady; calves. $lO. Sheep and lambs —Receipts, 100; market, steady; ewes, [email protected]: choice lambs, $10; seconds, $7.50; culls, s4@s. CLEVELAND, Nov. 2.f—Hogs Receipts, 1.800; market, steady; yorkers. $7; mixed, $7.50; mediums, $7.50: pigs. $7.75; roughs, $6; stags, $4. Cattle —Receipts, 1(H); market, steady. Sheep and lambs— Receipts. 1,500; market, 25c lower; top, $lO. Calves—Receipts, 200; market, steady; top, SIL EAST ST. LOUIS, Nov. 26.—Hogs—Receipts. 6,000; market, strong to 10 cents higher; mixed and butchers, $7.0C>@7.15; good heavies; [email protected]; -oughs, $5.75@6; lights. $7.10(0.7.25; pigs, [email protected]; bulk of sales, [email protected]. Cattle—Receipts, 400; market, steady; native beef steers, s7@B; yearling steers and heifers, $7.50®5.50; cows. $3.25® 5.25; stoekers and feeders, $3.50@5; calves, $4.50@10; canners and cutters, $2.50@3. Sheep and lambs-—Re-ceipts, none; market, nominal. EAST BUFFALO, Nov. 26.—Hogs—Receipts ,1.920; market, active; yorkers, sß® 5.50; nigs. $8.25® 5.50: mixed, $7.75(0 s: heavies. $7.50(0.7.75: roughs. [email protected]; stags. s4@s. Cattle—Receipts. 200; market, clow; shipping steers, S7(oK; butcher grades, s(i.7o@S: heifers, s4@7: cows, $1.75® 5; hulls, s3@s; feeders. $4.75(0 5.50; milk cows and springers, s4o® 135. Calves—Receipts, 1.800: market, active; choice lambs, $10(310.50: cull to fair. $6(09.50; yearlings, $5®7.50; sheep, $1.50® 4.75. PITTSBURGH, Nov. 20—Hogs—Receipts. 1.000; market 25@40e higher; prime heavies. [email protected]; mediums, $8 10 ®8.15; heavy yorkers. [email protected]; light yorkers. [email protected]: pigs. $8 25; roughs, [email protected]; stags, $1(0 4.50; heavy mixed. $7.75(0,8. Cattle—Receipts, 25; market steady; veal calves. $11; heavy and thin calves. so@B. Sheep and lambs—Receipts. 250; market steady: prime wethers, $4.00 ®4.SO; good mixed, [email protected]; fair mixed, $3.50@4: culls and commons, sl@2; choice lambs, $10.50. CLEVELAND PRODUCE. CLEVELAND, Nov. 26.—Butter—Extra. in tubs, 50@50%c; prints, 51@51%c; extra firsts. 49©49%e; firsts. 48@-tß%c; seconds. 40@40%c; packing stock, 27® 28i\ Eggs—Fresh gathered, northern extras. 59c; extras firsts. 5Sc: Ohio firsts, new cases, 55c; old cases, 54c; YS’estern firsts, new cases, 50c. Poultry—Live, heavy fowls, 20@22c; light, 16@18c; spring culls, 15@16c: pring ducks, 24® 27c; turkeys, 45c. Potatoes —Michigan. $3 per 150-lb. bag; Early Ohios, $2.80 per 2-bu. bag.; Sweet potatoes, Jerseys. $3.75 per barrel; $2.20 per hamper.

Preferred Stock Dividend No. 1 Citizens Gas Company of Indianapolis \ The board of directors has declared a dividend of one and threequarters (1%%) per cent on the preferred stock of the company payable December 1, 1921. Books will close at the close of business Saturday, November 26, 1921, and will re-open on Thursday, December 1, 1921. Checks will be mailed to stockholders at addresses as recorded with the company. J. D. FORREST Secretary.

Money to Loan on Mortgages STATE LIFE INSURANCE CO.

DEALINGS ON FOREIGN STOCK MART IS LIGHT Irish Situation and Continental Developments Still Restrict Inquiries. INDUSTRIALS ARE FIRM Special to Indiana Daily Times and Philadelphia Public Ledger. LONDON, Nov. 26.—The turnover in the stock exchange today was of very limited proportions, the Irish situation, together with continental developments restricting inquiries. The Gilt Edge market was firm as far as British funds were concerned. Foreign bonds were weak, both French and German issues being on the decline with francs and marks. Home rails held their overnight recovery, but were exceedingly quiet. Canadian Pacific fell % of a point, in dollar rails, and foreign rails reacted for the most part. The industrial market was firm. Iron, steel and engineering issues were steadied by the demand for Vickers. The oil market, fearing future attempts at sales by continental operators, was depressed. Mexican eagles were quoted at 3 5-18; shells, 4 17-32 and Royal Dutch, 34%. In the mining market the leaders generally declined. The lower interest rate on the treasury offering depressed discount rates generally in Lombard street. Money was much more comfortable, day to day and overnight money ruling at 3 yi per cent, while fixtures were renewable at the same price. Bar silver fell to 37%d for spot and 37%d for forward delivery. In foreign exchange sterling was 4.00% @4.oo%.—Copyright, 1921, by Public Ledger Company.

In the Cotton Market

NEW YORK, Nov. 26.—The cotton market was quiet at the opening here today, with prices barely steady at a net loss of 2 to 21 points. After the call, there were partial recoveries on Wall street buying and room covering. New Orleans and South Atlantic interests sold, while Liverpool traded both ways. New York opening cotton prices: December, 17.95 c; January and March, 17.80 c; May, 17.50 c; July, 17.02 c; August, 16.75 c bid; September, 1.45 c bid; October, 16.10 c bid. The market continued easy in the late dealings, closing at net declines of 25 to 37 points. —Cotton Futures — Open. High. Low. Close. January 17.50 17.89 17.57 17.57 March 17.80 17.83 17.55 17.55 May 17.50 17 56 17.27 17.29 July 17.02 17.05 16.70 16.70 October 10.10 16.10 15.85 15.85 December 17.95 17.97 17.65 17.65

Weather

The following table shows the state of the weather at 7 a. m., Nov. 26, as observed by U. S. Weather Bureaus: Station. Bar. Temp. Weather. Indianapolis, Ind.. 29.88 50 Misting Atlanta, Ga 30.16 50 Rain Amarillo, Texas.... 29.00 38 Clear Bismarck. X. D.... 29.88 14 PtCldy Boston, Mass 30.34 34 Cloudy Chicago, 111.'. 29 84 44 Rain Cincinnati, 0hi0... 29.92 54 Rain Cleveland, Ohio 29.92 42 Rain Denver, C 010...... 29.86 46 Clear Dodge City. Kan.. 29.92 28 Clear Helena, Mont 29.92 34 Cloudy Jacksonville, Fla.. 30.08 66 Cloudy Kansas City, M 0... 2''.84 44 Cloudy Louisville. Ky 20.00 56 Cloudy Little Rock, Ark.. 29.94 50 Cloudy Los Angles. Ca 1.... 30.12 52 Clear Mobile, Ala 30.00 66 Cloudy New Orleans, La.. 29.98 64 Cloudy New York. N. Y... 30 20 42 Cloudy Norfolk. Va 30.22 56 Cloudy Oklahoma City 29.78 52 Cloudy Omaha, N'eb 29.88 26 Cloudy Philadelphia, Pa.. 30.24 42 Cloudy Pittsburgh, Pa 29.98 44 Rain Portland. Ore 30.08 50 Rain Rapid City, 8. D... 29.7S 42 Cloudy Roseburg, Ore 30.1s 46 Cloudy San Antonio, Texas 29.94 62 Cloudy San Francisco, Cal. 30.22 64 Cloudy St. Louis, Mo 29.86 48 Cloudy St. Paul, Minn.... 29.84 32 Cloudy Tainpa, Fla 50.04 68 Cloudy Washington, D. C.. 30.22 3S Cloudy WEATHER CONDITIONS. Unsettles! weather prevails throughout much of the country, except the north Atlantic and southern Pacific regions, und rains lime sullen in areas from the Great Lakes southward and also on the north Pacific coast, while snows are reported from ipiddle-western Canada. Temperatures are higher in the middle Mississippi, Ohio and upper Missouri valleys and a little lower In the middle Plains section. Except in (he northern Red River Valley and the Canadian provinces the readings generally are above the average for the season. —White River Conditions— At 7 a, m. today stages in White River were ns follows: Elliston, 21.7, falling: Decker, 19.7, rising. The river at Decker will continue to rise slowly for about two days longer, with crest stage probable of 21 to 22 feet. J. 11. ARMINGTON, Meteorologist, YVwither Bureau. CHICAGO PRODUCE. CHICAGO, Nov. 26.—Butter —Receipts, 8,300 tubs; creamery extras, 45c; firsts, 38®44c; packing stocks, 23@24c. Eggs— Receipts, 2,506 cases; current receipts, 50®52c; ordinary firsts, 43@47c; firsts. 50 @s3c; checks, 62®28c; dirties, 28®30c. Cheese—Twins, new, 19@19%c; Daisies, 19@19%c; Young Americas, 19R>@%'0c ; Longhorns. 19%®20c; Bricks, 18@\9c. Live poultry—Turkeys, 33c: chickens. 17c; springs, 20c; roosters, 14c; geese, 22c; ducks. 23c. Potatoes—Receipts. 87 cars; Wisconsin Whites, [email protected] per 150-lb. bag; Minnesota Whites, $1.50® 1.75; Michigan Whites, [email protected]; Red Rivers, [email protected]. TOLEDO SEED PRICES: TOLEDO, Nov. 20. —Cloverseed—Cash. $12.35; December, $12.45; January, $12.50: February. $12.55; March. $12.40. ‘ Alslke— Cash. $lO 70; December, $10.80; Februarv. $lO 95; March, $llOO. Timothy—Cash, $3.00: December, $3.00; January, $3.02%; February, $3.10; March, $3.12%. WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef cuts as sold by the Indianapolis markets of Swift & Cos.: Ribs—No. 2. 18c: No. 3,14 c. Chucks — ; No. 2,9 c; No. 3, Bc. Plates —No. 2,9 c; No. 3. Bc, Loins—No. 2,28 c; No. 3,22 c. Rounds—No. 2,15 c; No. 3,12 c.

13