Indianapolis Times, Volume 34, Number 180, Indianapolis, Marion County, 8 December 1921 — Page 12

12

STOCK MARKET HAS TENDENCY TO WEAKNESS Only Few Interests DisplaySigns of Strength at Close of Business. '.VEER’S EVENTS CONFUSE Special to Indiana Daily Times ind Philadelphia Public Ledger. By MONITOR. NEW YORK, Dec. 8. —The stock market presented a rather spotted appearance and the general tendency teas toward irregularity and reaction. In the face of scattered liquidation and several examples of weakness, a few stocks made i fair display of strength. American Smelting and Refining, Corro De Pasco *nd most of other coppers were strong. There was a brisk upward movement in the oils, led by General Asphalt and Texas Company. Jones Tea was quite active and reached its former high level of 34%. The early trading was marked by an upward movement in some of the motors. with Studebaker and Chandler features of strength. Both of these issues, however, reacted before the close. The same irregularity made its appearance in the rubber and tire stocks. Sugar stocks were heavy on the announcement of a further cut in trade prices. Considerable irregularity developed In the rails. Pennsylvania was heavily sold and the stock made anew low level for the present downward movement. The selling In the St. Paul issues was ascribed to liquidation as a result of the disappointing earnings of the road. Feeling in professional circles at present is quite bearish In Pennsylvania, although gossip does not take the form of predictions of endangered dividends at least for the near future. Numerous specialties were reactionary, with heavy profit taking in mercantile marine preferred, Davison Chemical and Allied Chemical. The setback In Amer ican Locomotive was d'.e to the same cause. Sentiment is more or less confused, and there has been considerable disappointment over the failure of the market to respond more bullishly to the high constructive arid encouraging developments of this week.—Copyright, 1921, by Public Ledger Company.

WALL STREET GOSSIP, BY MONITOR. The St. Paul issues were under pressure from the opening of the market. Before the wave ol selling bad subsided, tha preferred stock was down nearly 3 points and the common at 18% was at the lowest price ever recorded. There was a retort that the company would be unable to pay the Interest charges on some of its bonds, and more specifically that trouble would lie encountered in arranging for an exchange of $25,000.0G0 which the company owes to the United States Government through the revolving fund. There is much tolk of reorganization to come in the railroad world. One practieulnr’y “sore spot” in tie rail situnlion is the Erie. In some important banking quarters, it is tinted the Erie will be taken in hand some time next ear and probably in the spring. It is understood the New Haven decision culls for action beyond that already decided upon. Activity in Studebaker and the other motor issues daring the last few days Is attributed to n operator who loomed large In the public prints iast fall Selling attributed to interests identified with other companies also was in evidence. YY'hen the general list became irregular toward noon, the low-priced oil stocks were bid up. Texas oil was "ne of the outstanding features of strength on a report that a meeting of the directors will !>e held presently to consider a plan for the segregation of the sulphur properties of that company. Canadian Pacific responded to the sweeping victory of the Liberals in the government elections by advancing more than three points. While no definite plan affecting the Canadian Pacific specifically was included in the Libera' program, it is felt the genera! policy ou*.fried will be of benefit to the company. Unl'ed States Realty mad< anew high record for the year. Buying is based upon a report that when the directors meet next week an initial dividend at the rate of $5 a share annually will be declared. A bright spot in the railn td situation was the declaration of a dividend of 10 tier cent by the directors of the Pere Marquette on the 3 per cent preferred stock. This stock {s cumulative and dividends have been in arrears since Jan. 1, 1916. The stockholders of the Schulte Retail Stores Corporation have voted to increase I lie no par common stock front 250,000 to .".00.009 shares. At present there are 244.SOO outstanding. This increase lends to a report that a stock dividend presently will be declared. Arrivals of gold included $1,350,000 consigned to Kiihtt Loeb and Company, SIOO.<m> to the National City Bank from England and three boxes of gold coin from Holland. A director of the Tobacco Products Company said it is probable new financing to the amount of $3,500,000 or $4,000.tm will be announced presently for the purpose of retiring approximately $1,000.IVO scrip which has been Issued as dividends and to pay off approximately #”000,009 of bank loans. Transactions In United States Steel common in the last five minntca of trading ucre on an unusually large scale. The steel reviews were f an optimistic tenor, operations for the last inontu having reduced appreciably the stocks of pig iron on haftd.—Copyright, 1931, by Public Ledger Company.

In the Cotton Market

NEW YORK, Icc. S.—The cotton market opened steady today, ■with prices 10 to 20 points higher on buying by trade interests. The Government ginning figures were slightly bearish and selling by Liverpool, South and Wall street depressed the market to a level about 10 points below the previous close. New York opening cotton prices: December 17.43 c: January, 17.73; March, March 17.17 c: May, 16.97 c: July, 15.98 c. The market was stronger in the late afternoon, the close was very steady at a net advance of 50 to <l2 points. —Cotton Futures — Open. High. Low. Close. January 17.23 17.72 173*4 17.07 March 17.17 17.70 17.02 J7.OS May 10.97 17.30 16.83 17.40 July 10.48 17.02 16.30 17.00 October 15.83 16.37 15.83 10.40 December 17.43 17.52 17.15 17.83 —Cotton Review NEW YORK, Dec. B.—The ginning report published this morning was apparently without immediate influence. This is hardly surprising, because the figures published showing 7,460,000 bales ginned up to December are meaningless, so iar as crop Is concerned. It Is np to each individual to guess as to the percentage es the whole crop that is represented in the figures. ■ Os far greater importance were the reports during the day of Improved spot demand in the South, the demand coming not only from domestic mills, but also from a number of European countries, and this was the real stimulating influence witch caused some new buyiug as well as short covering. While we do not look for any important price changes immediately, we continue to entertain a favorable opinion of the market because of the limited supjdies and continue to favor the purchase of cotton on reactions. LIVERPOOL. Dee. B.—There was a good demand for spot cotton at the opening today. Prices were steady and sales around 5,000 bales. American middlings fair. 13.2i1: good middlings, 11.53d; full middlings. 11.13d: middlings. 10.73d: low middlings. 9.73d; good ordinary, 7.95d; ordinary. 7.23d. Futures were quiet during intial trade.

N. Y. Stock Exchange

(By Thomson & McKinnon.) —Dee. 8— I’rev. High. Low. Close, close. Allied Chemical 56% W 4 fit!% SVVi Ajax Rubber... 30 19% 30 18% Allis-Chalmers.. 38'/* 37% 37% 38 Am. Agri 31% 31% 31 Vi 31% Am. Beet Sugar 38% 38% 35% 38% Am. Car & F... 145% 144 145% 145 Am. Can 33% 31% 33 33 A. 11. &L. com 13% 13% 13% 13% A. U. &L. pfd. 58% 57 57 58% Am. Ice 73 73 73 75% Am. In. Cor 40% 30% 39% 40 Am. Linseed ... 31% 31% 31V* Am. Locomotive 98% 97% 97% 97% Am. Smelt A: It. 45% 44% 44% 44% Am. Sugar R... 54% 53% 54% 54V* Am. Sum. Tob.. 33 31% 31% 33% Am. Stl. Fdy 34% 33% 33% 34% Am. Tei. & Te1..110% 115% 115% 110 Am. Tob 133% 131% 133% 133%, Am. Woolen 81% 80% 80% 80% Atl. Pete 23 23 32 23 Anaconda Min. . 47% 40% 47 46% Atchison 90 89 % 89% 00% Atl. G. & W. I. 31% 31% 31% 31% Baldwin L0e0... 94% 93% 93% 23% B. & 0 30% 35% 35% 36% Beth. Steel (B) .57 50 % 57 57 Cali. Pete 43% 42% 43 43% Can. Pae. Ry.. 121 119% 120 120% Central Lea 30% 28% 29% 30% Chand. Mot 48% 47% 47% 48% C. 0 57 50% 50% 50% C., M. & St. I*. .. 20% 19% 19% 19% C.MSTP. pfd. .. 33% 32% 32% 32% Chi. & North. .. 08 07% 08 08% C.. R. I. &P. .. 32% 32 32 32% CHIP. 0% pfd... 75% 75 75% 70 CRIP. 7% pfd. . 88% 87% 87% 89% Chili Copper ... 12% 12% 12% 12% Chino Copper . 27% 27 27% 27 Coca Cola 39 37% 39 33 Cal. F. & I. .. 25 25 25 25% Columbia Gas . C 4% 04 04% 04% Columbia GrapW 4 3% 5% 3% Consolidated G. 92% 92% 92% 92% Continental Can 47 46% 40% .... Cosden Oil 24% 33% 34 34 Corn Products.. 91% 88% 91'A 89 Crucible Steel . 04% 03% 04 64% Cula Cane 5.... 7% 7% 7% 7% Del. & Hudson.lo7% 100% 100% 10S Del. & Lack. ..111% 111 111% 111% Erie 11% 11 11 11% Endicott 77% 7G% 70% 'Vi Famous Players 74% 72% 74 2% Fisk Rubber C. 10-% 10% 10% .0% Gen. Aphalt ... 00% G 5% 05% 00% (Jen. Cigars .... 69 68% 08% 09 Gen. Elec 137 136% 138% 142% Gen. Motors 11 Vi 10% 11 11% Goodrich 35% 34% 34% 36% Gt. North, pfd.. 70% 75 75% 70% Gt. North. Ore.. 31% 30% 31% 31% Gulf States Stl.. 40% 45% 40% Haskell Barker. 80% 79% 80% Houston Oil .... 79 78 78 78% Insp. Cop 35% 37% 37% 37% Tnv. Oil 12 11% 12 12 Ills. Central 100 99 99 Inter. Harv 82% 81% 82% 82 Int. Nickel 11% 11% 11% 11% Inter. Paper .... 53% 52% 52% 52% Island Oil Trans. 32% 2% 2% Kan. City Sou... 24% 24% 24% 24% Kelly-SPgfld ... 43V* 42% 42% 42% Kenn. Cop 25% 25% 25% 25% Lack. Steel 40% 44% 44% 40% Lehigh Val 59% 58% 58% 59 Lee Tire 29if 28% 28% 29% Loews. Inc. ... 14Vi 14 14% l* L. & N 109% 109% 109% 109% Marino com. ... 15% 14% 14% 14% Marine pfd 64% 03% 64 63% Mav Stores.... 99% 98% 98% 98 Mont-Ward. ... 14 ' 13% 14 13% Maryland 0i1... 20% 20 26%

Mexican Pet 113% 111% 112% 112% Miami Copper.. 25% 25% 25% 25% Middle S. 0i1... 15 14% 15 15 Midvale Steel... 2fi% 27% 28% 28% Missouri Pae.... 18% 18% 18% 18% Missouri Pae p 40% 46 40% 40% Nat. En. & R.... 42 42 42 42% Nev. Colt. Cop.. 14% 14% 14% 14 N. Y. Central... 74 73% 73% 73% New Haven.... 13 12% 13 12% Nor. fc Western 98% 97% 98 98 Nor. Pacific 80% 79 79’2 80% Pacific Ojl 40 45% 45% 45% Pure Oil 37% 36% 37% 37 Pan-Ant. Pete.... 52% 51% 51% 51% Penn. Ry 33% 33 33 32% People n Gas.... .6% .4* .*0 56% l’ierce-Arrow.... 14 s * 14% 14% 14% Pierce Oil Cos.. 12% 12% 12-% 12% Pitts. Coal 65% ' 64% 65 04 I*. Steel Car 06% 66 06 67 Pull. Pal. Car.lOS 107 107% 108 Ky.S. Springs.. 93% 93 93 ?.! Ray Copper..... 14% 14% 11% 14% Reading 72% 70% 71 71% Rep. I. X H... 53% 52% 52% 53% Repin. Steel 20 25% 25% 24VR. Dutch N. Y. 49G 48% 48% 48% S-Roebuck 56* 5% T6V, 35% Sinclair 22*% 22% 22% 22% Sloes-S. S. (c 1.. 35% 38% 38% .... Southern Pae... 80 79% 79% 79% Southern Ry.... 19% 18% 18% 19 St. L. &SW Ry. 21% 21 % 21% 21 Stand. O. N. J. 186 183% 184% 183% St. L. &S.F. c 22 21% 21% 21% Studebaker 80% 79% 79% 80% Texas C. & 0.. 29% 28% 28% 29 Texas Cos 47% 46 4040% Texas & Pae..., 23% 23% 23% 23% Tobacco Prod... 59% 58% 58% 59% Trans. Oil 10% 10% 10% 10% Union Oil 19 18% 18% 19% Union Pae 127% 127 1 27% 127 United It. Stores 52% 52 52 52% I'. S. Food Prod. 10% 10% 10% 10% United Fruit C 0.123% 122% 123% 122% United Drug.... 09% 6818* no U. S. Ind. Aloo. 38 36% 37% 37% U. S. Rubber... 54 52% 52% 53V, U. S. Steel 83% 83% 83V, 83% U. S. Steel pfd.113% 113% 113% 1134. Utah Copper.... 01% 00 61 nn% Vanadium Steel. 22% 31 % 52 52 Vir.-Car. Cheat.. 23 29 29 29% Wabash 7 7 7 7 Wabash Ist pfd. 2t 20% 20% 21 White Oil 12% 12 12 12% YVesfrn Union. 91b. :• 91V. West. Elec 49% 49% 49% 49V* White Motors... 40% 40% 40% 40% Willyg-Overland. 0% 5% 5% c Wilson &Cos 23 28% 29 Worth. Pump... 43% 43% 43% 44% AVoolworth 125 124 124 " 120 West. Tac US’s 17% 17% IS NEW YORK LIBERTY BONDS. —Dec. S— Prev. Open. High. Low. Close. L. B. 3%s 96.10 95.90 95.90 90.18 L. B. Ist 4s 97.00 97.30 97.30 L. B. 2d 4 97.08 L. B. Ist 4*.i5... *97.66 97.46 97.40 97.51 L. B. 2d 4Vis... 97,38 97.20 97.20 97.40 L. B. 3d 4V*s 97.80 97.00 97.04 97.93 L. B. 4th 4V*s... 97 02 97.40 97 50 97.70 Victory 3-%s 100.00 99.90 99 90 109.00 Vietorv 4%s 100.09 99.94 99 94 103.03

CHICAGO STOCKS. (By Thomson & McKinnon.) —Dec. 8— Open. High. Low. Close. i Armour pfd 94% 94% 94% 94% Armour Leather 12% Carb. and Carb. 45% 45% 45% ' 45% Libby C, f, 5% 6 Montg.v.-Ward.. 13% 14 13% 14 National Leather 2% 32% 2% Piggly Wiggly. 19% Iteo Motors 19% 20 19% 19% Sears-Itoehuek.. 55% 56 53% 00 Stewart-Warner. 23% Swift f Cos 100% 100% 100 100% Swift Internal!. 19% 21 19% 20% NEW YORK WOOL. NEW YORK, Dee. B.—Wool prices were again steady in trade on the market here today. There lias been no material changes in the prices of wool for the past month or more. NEW YORK HIDES. NEW YORK, Dee. 8. —Hides were firm on tlie market here today, native steer hides being quoted at 15%e and branded steer bides at 15%r. NEW YORK PETROLEUM. NEW YORK. Dee. B.—Petroleum prices were steady on the market here today. Pennsylvania crude petroleum sold at $4 per barrel. NEW YORK RICE. NEW YORK, Dee. S.—Rice values were steady on the market here today, domestic selling at 3%@7%c per pound. NEW YORK TERPENTINE. NEW YORK. Dee. B.—Turpentine sold at S2c per gallon in trade on the market here today. CLEVELAND PRODUCE. CLEVELAND, Dee. B.—Rutter—Extra, In tubs. 51 %® 52c; prints. 52 % ®530: extra firsts. 50%@51c; firsts. 49%@50c: seconds, 41%@42c: packing atnek. 28® 29c. Eggs—Fresh gathered, northern extras. Glc; extra firsts. 60c: Ohio firsts, new eases, 57c: old cases. 56c; western firsts, new cases. 54c. Ponltry—Live, hofivy fowls, 24<H25e: light. 16@18c; spring culls. 17@20c: spring ducks, 25@27c: turkeys, 3S<g39e. WHOLESALE BEEF PRICES. The following ure today's wholesale prices for beef cuts ns sold on the Indianapolis markets of Swift A Cos.: Ribs—No. 2. 24c; No. 3.18 c. Lotus — No. 2,2 Sc; No. 3,23 c. Round-No. 2, 15c; No. 3, 12 c. Chucks—No. 2,10 c; No. 3, £c. Plates— No. 9. fie; No. 1 Sc.

MANY STOCKS SUFFER LOSSES Lows of Day Touched in Final Hour of Trade. NEW YORK, Dec. B.—The stock market closed weak today. Most of the leading issues closed around their lows of the day. Corn Products was a strong exception, selling up 2 points to 91, while Utah gained 1 rolnt to Gl. General Asphalt yielded over 1 point to 63% and Mexican Petroleum fell 1 point front the high to 11$!%. Steel common dropped to 83% and Baldwin yielded to 93%. The railroad issues failed to show au improvement. Government bonds were unchanged and railway and other bonds irregular. Total sales of stocks were 059,100 shares. (By Thomson & McKinnon.) —Dec, 8 — The stock market is still irregular, presenting an appearance similar to that which has prevailed for several days. There is a growing sentiment in local circles in favor of a reaction, and a good many long of stocks have sold all or a part of their holdings, with the expectation that they will be able to replace the stocks to lietter advancement. There has also been considerable selling by the professional clement. This presumably is for short account, though, of course, there is no way of definitely determining that fact. Up to the -present time the market has absorbed this selling without much difficulty. Recessions have occurred here and there, but in 110 Instance have they been important, with the exception of a fe*v issues that have acted independent of the market and these have been more than offset bv other stocks that have advanced during this reactionary period. We all, of course, recognize the fact that no market can stand continuous pressure. If longs are determined to reduce their lines, naturally declines cannot be avoided, but conditions are such that no decline of consequence is Justified at this time, and there is the chance that recent sellers may tire of waiting for the expected reaction and proceed to re-purchase their stocks and thus start another upward movement, which will certainly be embarrassing to the short side. ..... However whether the market declines or not, within the next few days or weeks, the fact remains that- the world conditions are slowly but gradually changing. Our leading authorities agree that better times are before us. and therefore It seems to its that the only policy justified is to take advantage of weak markets to accumulate s f ocks. TWENTY STOCKS AVERAGE. NEW YORK. Dec. B.—Twenty ir.dustiral stocks Wednesday averaged 79.19, off .17 per cent. Twenty active rails averaged 74.00, off .04 per cent, for the same day. CLEARING HOUSE STATEMENT. NEW YORK. Dec. B.—Exchanges, SOBI.000.000: balances. $58,400,000; Federal Rest rve Bank credit balances, $44,930,000.

Money and Exchange

Indianapolis bank clearings Thursday were $2,810,000. NEW YORK, Dec. B.—Foreigu exchange opened steady with demand sterling unchanged at $4.08%. Francs advanced 8 centimes to 7.57 c for cables and 7.56 e for checks. Lire yielded % point to 4.32 c for cables and 4.31 c for checks. Belgian cables were 7.28 c; checks, 7.27 c. Marks were 3% points higher at .0051 c. Guilder cables were 35.85 c; checks. 35.83 c, Sweden kronen cubic* were 2l.00e; check;*, 23.05 c. NEW YORK CALL MONEY". NEW YORK. Dec. B.—Money—Cal! money ruled 5% per cent; high 0 per cent; low, 5 per cent. Time rates quiet, all 5% per cent. Time mercantile paper quiet. Sterling exchange was strong, with business in bankers' bills at $4.10 for demand. MOTOR SECURITIES. IBy Thomson & McKinnon ) —Dec. B. —Closing Ilirl Ask Earl Motors 9% 9% Packard com 7% 8 Packard pfd f7 ..... Peerless 37% JB% Continental Motors com 0 0% Continental Motors pfd 85 90 Hupp com 11% 13% Hupp, pfd 92 98 Keo Motor Car 19% -'0 Elgin Motors 4 4% Grant Motors 1 ’.* Ford of Canada 215 250 Illtornatior.nl Motor com 23 National Motors 2 4 Federal Truck 14 16 Paige Motors 14% 15% Republic Truck 5% 6% ACTIVE Oil. STOCKS. (By Thomson & McKinnon.) —Opening— Bid. Ask. Rorite-Serymser 325 350 Buckeye Pipe Line 84 80 Chesebrough Mfg. Cons 185 195 Continental Oil, Colorado.... 110 113 Cosden Oil and (Jas 0 8 Crescent Pipe Line 30 St Cumberland Pipe Line 125 135 Elk Basin Pete... 7% 7% Eureka Pipe Line 82 80 Galena-Signal Oil, pref 100 103 Galena-Signal oil. com 40 43 Illinois Pipe Line 100 105 Indiana Pipe Line 82 84 Merritt Oil 10 10% Midwest Oil 2% Midwest Rfg 170 180 National Transit 29 30 New York Transit 147 152 Northern Pipe Line 9$ 100 Ohio Oil 278 282 Oklahoma P. & R 5% 0% Penn.-Mex 17 22 Prairie Oil anil Gas 570 585 Prairie Pipe Line 229 232 Sapitlpit Kefg 3% 4 Solar Refining 305 070 Southern Pipe Line 88 92 South Penn Oil 223 227 Southwest Penn Pipe Lines.. 50_ 00 Standard Oil Cos. of Ind 87 r ,s 88 Standard oil Cos. of Kan 575 585 Standard Oil Cos. of Ky 4.35 445 Standard Oil Cos. of Neb 170 180 Standard Oil Cos. of N. Y 380 385 Standard Oil Cos. of Ohio 400 410 Swan & Finch 40 50 Vacuum Oil 320 330 Washington Oil 35 40

NEW YORK Cl'RB MARKETS. (By Thomson & McKinnon.) —Dec. S— —ClosingRid. Asked. Acme Packing lid , ID Curtis Aero, com 1% **'4 Curtis Aero, pfd 18 22 Goldfield Cou 4 < Jumbo Extension 7_ 8 Imperial Oil (Del.) 9% 10 International Petroleum ..... 16% ■'’% Nlpisslng I’Vi 6% Standard Motors 4 4% Salt Creek 14% 14% Tonopali Extension 19-10 1% Tonopnh Mining IVi 1% United P. S. new 1% 1% U. S. Light and Heat 1% 1% 1!. 8. Light and Heat pfd. .. 1% 1% Wright-Martin 2 5 Yukon Hold Mine Cos 1 Vt Jerome "5 40 New Cornelia 16 17 United Verde 27% 29 Sequoyah 3 10 Ouiar Oil 74 77 Itep. Tire I"' 23 NEW YORK SUGARS. NEW YORK. Dec. B.—Trade in raw sugars was rather unsettled on the market here today. Prices ruled steadj, Porto Ricos selling at 3.85 c per pound, delivered. Refined sugars were also rather quiet and prices were easier. Fine granulated and No. 1 soft sold at 3.20 e per pound. NEW YORK COFFEE. NEW YORK, Dec. B.—Coffee values were steady on the market here today, opening opt’ons being 1 to 5 points higher. Rio No. 7, on spot, sold at B%@ 9%c per pound. NEW YORK METAL MARKET. NEW YORK, Dee. S.—Copper—Steady; spot. December and January offered. 13e. Lead —Firm; spot, December offered. 4.83 c; January offered, 4.87%e. Spelter— Firm; spot and December, [email protected]; January, [email protected],

INDIANA DAILY TIMES, THURSDAY, DECEMBER 8, 1921.

New York Bonds

(Ey Fletqher American Cos.) —Dee. B—FOREIGN GOVERNMENT BONDS. Bid. Ask. Arg. (unlisted) ss, Sept. 1, ’45 72 74 Belgian 6s, Jan. 1, ’25 95 % 95% Belgian 7%5. June j. ’43 104 105 Belgian Bs. Feb. 1. ’4l 104'% 103% Berne Bs, Nov. 1, ’45 107% 108% Chile Bs, Felt. 1. ’4l 102% 102% Christiania Ss. Oct. 1. ’ls 107% 108'/, Copenhagen 5%5, July 1, 44.. 87% 88* Danish Mun Ss, Felt. 1. '40...107 108 Denmark Ss. Oct. 13, '45 108 109 •Canadian 5%5, Dee. 1. '22.... 91% 92% •Canadian 5%5, Nov. 1. '23... 90% 92 •Canadian 5%5. Nov. 1, '2l 99 91% •Canadian ss, Dec. 1, ’25 88 89% Canadian ss. Apr. 1, ’26 90 93% •Canadian 5%5, Dec. 1. ’27.. 91% 92% Canadian 5%5. Aug. 1. ’29.... 97 % 97% Canadian ss, Apr. 1, ’3l 95 95% •Canadian-ss. Oct. 1, ’3l 88 89% •Canadian 5%5, Nov. 1, ’33... 92% 03% •Canadian 5%5. Nov. 1. ’34... 90 91% Canadian ss, Melt. 1, ’37 93% 9i% •Canadian 5%5, Dec. 1, ’37... 94 95% •French (Viet.) ss. Opt., ’3u. 94 94% •French 4s, Opt., 'M 44% 45% French Bs. Sept, l” ’45 99% 100% •Italian (War) 5s 33 34 Jap (Ist) 4%sj Feb. 15, ’25.... 80% 87 Jap (2d) 4%5. July 10, ’25 86% 87 Jap 4s, Jan. 1, ’3l 71 71% Norway 109 110 Sao Paulo Bs. Jan. 1. ’36 102 102% Swedish os, June 15. '39 99 97 Swiss 5%5, Aug. 1, '29 95 % 95 Swiss Ss. July 1, ’4O 112% HI U. K. 5%5, Nov. 1, ’22 99% 99% IT. K. s',is, Aug. 1, ’29 97 * 97% IT. K. 5%5, Feb. 1, ’37 94% 94% Zurich Ss, Oct. 15, ’45 107% 108 'A Brazil Bs. June 1. 1941 101 " 104% French 7%5, June 1.1941 94% 95% Uruguay Bs. Aug. ], 1940 102 103 Argentine 7s, Oct. 1, 1923 99% 100% •Internal loans. CORPORATION BONDS. Bid. Ask. Alum. Cos. of Am. 7s. Nov., ’23.101% 101 % Am. Cot. Oil os, Sept. 2, ’21.. 95% 96" Am. Tel. os, Oct., ’22 100 1-10 100 3-10 Am. Tel. os, Felt., '24 9915-16 1001-16 Am. Thread Os. Dec., ’2B 10" 100% Am. Tob. 7s, Nov., ’22 100% 101% Am. Toll. 7s, Nov., ’23 100% 102% Anaconda 6s, Jan., ’29 97 % 97% Anaconda 7s. Jan., ’29 102% 102% Anglo-Am. Oil 7%5, Apr, ’25.105% 103% Armour 7s. Julv 15. ’3O 102% 102*8 Atlantic Ref. 6%5, Melt., ’31... 103% 1"4% Bell Tel. of Can. is, Apr., ’23.100% 100% Both. Steel 7s. Julv 15. ’22 10"% lOH . Beth. Steel 7s, July 15. '2 f.. .10'.)% 10"% Can. Pae. 6s. Mch. 2, ’24.100 1-10 100 3-10 Cent. Arg. Ry. (is. Feb.. '27.. 91 91% <:., R. I. & I’. 'ls. Felt.. ’22 99% 100'* Con. Gas Bs, Dec., ’2l 100% 101% Copper Exp. Bs, Felt. 15, '22..100% 100% Copper Exp. Bs, Feb. 15. ”23.. 101% 192 Copper Exp. Bs, Fell. 15, '24..103 105% Copper Exp. Ss, Feb. 15, ’25..100 199% Cudahy 7s, July 15, '23 100% 190% Fed. Sugar os, Nor.. ”21 97 97% Goodrich 7s, Apr., '25 98 98% Gtllf Oil os, July, '23 90% 100% Gulf Oil 7s. Feb., \'!3 102% Ji.5% Working Val. os, Melt., '24... 97% 98% Humble Oil 7s. Mch. 15, ’23...100% IIK>% Int. R. T. 7s, Sept., ’2l 72 73 K. C. Term. Os. Nov. 15, '23.. 99% 100 Kcnu. Copper 7s. Feb.. '3O. ..101% 10” Laclede Gas 7s, Jan., 29 97% 98% Proctor &G. 7s, M< h., ’22 100% 100% Proctor A- G. 7s. Melt.. ’23 101*4 101% Pub Ser. N. J. 7s, Mch.. ’22.. 99% 1(H) It. ,T. lb vnolds os, Aug.. '22...100% 109% Scars Itochu 'k 7s, (let. 15, ”22 99% 10')% Sears Roebuck 7s, ort. 15, ’23 99% 103% Sinclair 7%5, May 15, ’25....%0 109% Solvay & ITo t*S. Oct., '27 103% I'd'.. Southern Rv. oc. Mch.. '22.... 99 % 59% S. W. Bell Tel. 7s, Apr., '25..1"0% 101% Stand. Oil (Cal.) 7s. Jatt . ’31.106% 106% St. Oil (S.Y.I 7s, .Inn.. ’25 ’31.107% )".n% St. Paul U It s's. Dec. 15, '23 99% Swift 7s. Oct. 15. ’25 100% 101 Texas Cos. 7s, Mch. 1, ’23 101 lot Utah See. 6s. Sept. 15, '22.... 97 9> Western El 7s. Apr.. '25 104 1 04% West % 3house 7s, May, '31... .100$* 105 :, : FOREIGN MART TONE IS AGAIN VERY CHEERFUL Irish Settlement Lends Confidence —Traders Take to Nonspeculativc Issues. Special to Indiana Daily Times and Philadelphia Public ledger. LONDON, Dec. 8. The stock market continued very cheerful yesterday with confidence growing under the stimulus of the Irish settlement. At the -ctute time the volume of business was limited to nonspecnlatlv* Issues. The gilt edged market showed exceptional strength, while foreign bonds, notably French and German, weakened. Some rails were uninteresting, but dollar rails strnegthened In Mexicans. Iron, steel and engineering shares were stagnant. The oil market improved further at (lie start, but showed no sustained strength because of small demand. Trading In mining shares were subdued for the most part and Americans were Idle. The suggested reduction in the New York reserve rate again made conditions on Lombard street easl*r. overnight money was down to 2 per rent, day to day money font 3 to 3% per cent and fixturns nt tho la Mop figure. Hnr silver <l° rUncsl to and •'Mfc for npot and forward delivery.—Copyright, 1921, by Public Ledger Company.

Weather

Tli' following table shows the state of the weather at 7 a. in., Dec. 8. ns observed by U. S. Weather Bureaus: Station. Rnr. Temp. Wenlh. Indianapolis, 1m1... 30.1 K 31 Cloudy Atlanta, Gn 30.12 52 Cloudy Amarillo. Texas.... 30.36 26 Clear Bismarck? N. D.... 30.34 16 Clear Boston, Mass 30.10 24 Cloudy Chicago, 111 30.18 32 Cloudy Cincinnati, 0hi0... 30.18 34 Rain Cleveland.. Ohio 30.16 34 Cleudy Denver, Colo 30.48 22 Clear Dodge City. Kan... 30.42 24 Cloudy Helena, Mont 30.46 14 Clear Jacksonville, Fla... 30.14 56 (dear . Kansas City. M 0... 30.32 30 Cloudy Louisville, Ky 30.14 42 Cloudy Little Rock, Ark.. 30.12 46 Rain Los Augeles, Cal... 30.26 48 Cloudy Mobile, Ala 30.06 56 Rain New Orleans. La... 30.00 62 Rain New York. N. Y... 30.18 30 Cloudy Norfolk. A'a 30.12 46 Cloudy Oklahoma City 30.32 30 Cloudy Omaha. Neb 30.34 26 Clear Philadelphia. Pa... 30.18 31 Cloudy Pittsburgh. Pa 30.18 32 Cloudy Portland. Ore 30.34 <2 Cloudy Rapid City. S. D.. 30.32 34 Clear Roseburg, Ore 30.40 40 Cloudy San Antonio, Texas 30.20 44 Cloudy San Francisco, Cal. 30.52 46 Cloudy St. Louis, Mo 30.22 36 Cloudy St. Paul. Minn 30.22 20 Clear Tampa. Fla 30.12 50 Clear Washington, D. C.. 30.18 36 Cloudy WEATHER CONDITIONS. The area of precipitation which was In the Southwest Wednesday morning, has extended northeastward to the middle Ohio Valley, over which regio i light rains have fallen. Elsewhere tin/Miglioiit the country there lias been practically no precipitation. It is a little colder over most of the region from the Rocky Mountains to the Mississippi River, and the readings tills mroning ranged generally from 8 to 20 degrees over the upper Mississippi and Missouri Valleys. WHITE RIVER CONDITIONS. At 7 a. m. today stages in White River were as follows: Decker, 17.5, falling. ,T. 11. ARMINGTON, Meteorologist, Weather Bureau. INDIANAPOLIS PRODUCE. Butter —Loon! dealers are paying 41® 42c per lb. for butter delivered in Indianapolis. Eggs—Loss off, 50@53c. Butter —Packing stock. 19@20c. Poultry—Fowls, 111® 22c; springs, 18@19c; cocks, 10® 12c; stags, 12@13c: young ben turkeys. 8 ibs. and up 30@35c; young tom turkeys, 12 lbs. and up, 30@35c; old tom turkeys, 27 @3oc; cuil thin turkeys uot wanted: ducks, 4 lbs. and up, 16®18c; spring ducks, 3 lbs. arid up, 17c; geese, 10 lbs. and up, 15c: rabbits, drawn, per dozen, $1.50; squabs, 11 lbs. to dozen, $5; young guineas, 2-lb. size, per dozen, s7@B; old guineas, per dozen, $5. Butterfat—Local dealers arc paying 42c per pound fer ail butterfat delivered in Indianapolis.

GRAIN PRICES SUSTAIN GAINS Corn Shows Firmness—Oats Up—Provisions Strong. CHICAGO, Dee. B.—Active covering by shorts hastened an upturn, which was reflected in higher grain prices at the close on the Chicago Board of Trade today. Corn was firmer, with less speculative pressure. Provisions were higher. December wheat opened up %e at $1.08(4 and advanced 2c at the close. May wheat opened unchanged at $1.11(4 and dosed til) 2%c at $1.14. July wheat opened up %c at $1.01(4, closing up l(4e at $1.03. December corn opened unchanged and closed up l%c at 48(4c. May corn unchanged at the opening, advanced l(4e at the.close to 54%c. July corn was (4c higher at (he opening, 54%c, nnd closed l(i<: up at 56e. December oats opening unchanged, advanced Yi c later, closing at 32(4c. May oats opened up (gc at 37%e and gained %c at the close at 38%c. July oats opened up %c at 38(4e and gained an additional %e at the close at 39c. (By Thomson & McKinnon) —Dec. 8— Wheat—The better feeling in export circles mentioned yesterday was again in evidence followed by reports of fair business in American wheats. This prompted confidence on the part of many, resulting in reinstatement of holdings. The advance in premiums for Manitoba northern and the advance in freight rates from Argentine make United States wheat c. i. f. Europe relatively cheaper. Cash wheat has shown more flrmni is, especially in tile Northwest, where flour trade shows a little Improvement. Receipts in the Southwest continue large, but this is not the case in spring wheat territory. Argentine markets were lower yesterda*’, but no quotations today account holiday. Broomhall says harvest progressing favorably. The strength gained today may l)e reflected in Liverpool prices tomorrow and result in a further advance here, but it is questionable as to whether there Is sufficient, breadth to the market to keep prices advancing. Corn and aOts—New offerings of both corn nnd oats fro*mthc country are quite limited in values. This is to be partly accounted for b ythe fact that gulf markets are strongly overbidding Chicago at nearby points. Exports continue taking corn, volume of business being restricted somewhat by smallness of offerings, shippers were buyers of the December delivery today. Oats are neglected because there is no wortli while improvement in the cash demand. Provisions Shippers have taknn 27,009 hogs today, a record. This leaveipri small remainder for packers and was reflected lty an absence of offerings in the pit. Demand for product seemed to come from former sellers. Labor troubles at the yards have advanced prices of fresh meats. CHICAGO CASH GRAIN. - Dec. 8— WHEAT— Open. High. Low. Close. Dec 168'.'. 1.10% 1.08(4 1.10% May.... 1.11% 1.15% 1.11(* 1.14 July.... 1.01(4 1.03% 1.01 1.0.i CORN— Dec .46% .48(4 .40 % .48(4 May 53(4 .54*3 .53'4 .54% July 54% .36 .50% .50 OATS D0;*...-. .52 .5.2% .31% .-*2% May 37% .35% .37% .38% July 38% .30 .35% .39 PORK—•Jan 15 00 LAUD— Jan 8.57 8.75 8.57 8. May.... 9.00 9.15 9.00 9.15 RIBS—•Dec • '•>" May 7.92 7.92 74) 7.92 “,h£ MU .81% -81% .84% May SO % .91% .SK(4 .99% •Nominal. CHICAGO (ASH GRAIN. CHICAGO, Dy>. B.—Wheat—No. 2 red. $1.12%; No. '2 hard winter, $1.12(4; No. 3 hard vellow. $1.11%. Corn No. 2 mixed, 18(4@49(4c: No. 2 white. 49(4®49(4c: No. 2 yriiOYV,'49@4!*%e; No. 3 mixed, 48®49' - : No. 3 white, 48®48%c: No. 3 yellow. 4s hr 19%C ; No. 5 mixed, 47%®48%0; No. 4 white. 4>. ,B%e; No. 1 yellow, 47%® !5%.0. Ont:—No. 2 white. .35®36c; No. 3 white, 334*350; No. 4 white, 3134 c. TOLEDO GRAIN PRICES. TOLEDO. Dee. 8. Wheat Cash, $1.19® 1.20%; December, $1.19; May. $128(4. Corn Cash. 564i.\>7e. Oats Cash. 58%®. 4()(sc Rye—Cash, 88c. Barley—Cash, 62c.

PRIMARY MARKETS. (Sy Thomson & McKinnon ) Ue eipta— Wheat Corn Oats St. Joe 23.00 b 36.000 Chicago 28,000 425,000 85.000 Milwaukee ... 4,000 113.000 47,000 Minneapolis . 347.000 07.000 73,000 Duluth KO.OCO 41.000 11,000 St. Louis 11.000 72.004 54.000 Toledo 13.000 10,000 2.000 Detroit 2.000 5.000 8.000 Kansas City. 335.000 76,000 10.000 Omaha 26.000 132.00 * 22,000 Indianapolis.. 3,000 67,000 38,000 Totals 982.000 1.114,000 350,000 Year ago... 1.382.000 421,000 318,000 —.Shipments - Wheat Corn Oats St. Joe 18.000 25.000 2.009 Chicago 27.000 156.000 94,000 Milwaukee ... 1,000 34.000 25.000 Minneapolis . 133.000 25.000 90.000 Duluth 107.000 51,000 St Louis 103,000 45,000 20,000 Toledo 12.000 12,000 4,000 Kansas City.. 113.000 54,000 34.000 Omaha 24,000 148.000 32,000 Indianapolis 55,000 10,000 Totals 538,000 005.000 320,000 Year ago. ..1,110.000 291,000 418,009 - Clearance.'! Wheat Corn Oats New Yyrk 598,000 00,000 Philadelphia . 71,000 17.000 Galveston 18,000 ’l'..tats 460,000 35.000 00.004 Year ago... 577,000 70,000 INDIANAPOLIS CASH GRAIN. —Dec. B. Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat Firm; No. 2 red, $1.25® 1.20. Corn—Strong; No. 3 while, st@sl%c: No. 4 white, 50@50%c; No. 3 yellow, 51 ®sl %c; No. 4 yellow, 50@51c: No. 3 mixed, 49%@50%c; No. 4 mixed, 4S%@ 49%c. Oats —Strong; No. 2 white, 37@38c; No. 3 white, 35%®Stic. Hay—Steady; No. 1 timothy, [email protected]; No. 2 timothy, $16.50® 17; No. 1 light clover mixed, slo® 16.50; No. 1 clover, ?Ul(rj2o. —lnspections Wheat—No. 3 red, 2 cars; No. 4 red, 1 ear; sample, 1 ear; total, 4 ears. Corn —No. 2 white, 1 car; No. 3 wiiite, 4 cars; No. 4 white, 6 cars; No. 5 white, 1 ear; No. 3 yellow, 3 cars: No. 4 yellow, 13 cars; No. 5 yellow, 11 cars; No. 6 yellow, 8 cars; No. 3 mixed, 3 cars; No. 4 mixed. 4 cars; No. 5 mixed, 2 cars; total, 56 ears. Oats —No. 2 white, 1 car; No. 3 white. 8 cars; No. 4 white, 3 cars; No. 3 mixed, 1 car; total, 13 cars. HAY MARKET. The following are the Inilianapotis prices for hay by the wagon load, delivered : Hay—Loose timothy, sl6® 17; mixed hay, $15@10; baled hay, slo@l7. Oats —Bushel, new, per bushel, 32@35c. Corn—Old, per bushel, 55@60c. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying SUI 4 for No. 1 red winter wheat; $1.12 for No. 2 red winter wheat ami according to test for No. 3 Oats are quoted at 25c for No. 3 white or better. CHICAGO PRODUCE. CHICAGO, Dec. B.—Butter—Receipts, 5,500 tubs; creamery extras, 53%c; firsts, 40@:41%c; packing stock, 2U@2sc. Eggs— Receipts, 2,221 eases; current receipts, 52 @s4c; ordinary firsts, 45®50c; firsts, 54 4/56c; checks, 28@30c; dirties, 30®32c. Cheese—Twins, nev, 19%c; Daisies, 19® 19%c; young Americas, 20c; longhorns. 20c; bricks, 17® 18c. Live Poultry— Turkeys, 37c; chickens, 18e; springs, 22c; roosters, 15c; geese, 22c; ducks, 24c. Potatoes—Receipts, 41 cars; Wisconsin Round Whites. $1,604(1.75 per 150-lb. bag; Minnesotns, [email protected]; Red Rivers, $1.40 @1.60. TOLEDO SEED PRICES. TOLEDO, Dec. B.—Clover seed —Cash, December, January and March, $12.75; February, $12.80; April, $12.30 bid. Alsiko Cash and December. $10.90; February, $11.10; March, $11.15. Timothy—Onsk and December, $3.15; January, $3.20; February, $3.25; March, $3.30.

LIGHT SWINE HOLD FIRM Other Grades of Hogs 10 to 25 Cents Off—Cattle Strong. RANGE OF HOG PRICES. Good Good Good Nov. Mixed. Heavy. Light. 30. $7.15® 7.25 $7.00 $7.25® .7.5.0 Dec. 1. 6.85®) 7.00 6.75 7.15®) 7.25 2. 7:10®) 7.25 7.00 7.25®) 7.60 3. 7.00® 7.10 7.00 7.25® 7.40 5. 7.25® 7.40 7.15 7.40® 7.50 6. 7.15® 7.40 7.15 7.35® 7.50 7. 7.35® 7.50 7.15® 7.25 7.50® 7.65 8. 7.10® 7.25 7.00® 7.10 7.50® 7.65 Prices of light swine were steady to a shade lower and- heavies, mixed and mediums 10@25c lower in trade on the local livestock exchange today, with receipts around 9,590, the lacol packers taking the heavier grades of swine and the shippers with eastern house connections in the market for th lighter grades. Trade was rather slow, due to the fact that the shippers were in the market only for the light swine, which constituted only a small part of the receipts, while the demand by local packers was not sufficient to take the remaining hogs. Packers were rather reluctant in buying. After the start, however, there was a better tone to trade, and it was thought that the holdovers for the following day would not be large. Trade in cattle again showed strength, with receipts fairly large at around 1,009 and the packers showing a good demand for practically all grades of cattle. Prices were steady to 25 to 50 cents higher. .Steers were 25 to 50 cents higher, with receipts of that grade light, the quality good and the demand better than has been showed for the past two weeks. Heifers were in fair demand at prices that were steady to strong. Cows also were steady to strong, with the demand good. Bulls were in good demand at steady prices, while the demand for canners and cutters did not come up to the standard set for the other grades. The bulk of the sales of heifers for for the ranged at s3®o and the bulk of the sales of steers at $6.50®7.50. There were a lew sale sos heifers at $6.50, while one load of steers sold at $8.50 and a similar number at $8.25. Bulls brought $3.50® 4 generally, with a very few sales at $4.25. I'alves were steady generally, with receipts close to 400. the quality not so good ns on the market of the previous day and more competition shown than on the day before. There was an extreme top of sl2 on choice veals, while thp bulk of that grade brought $11®11.50. Other grade brought ss® 10. With 400 sheep and lambs on the market. prices were steady on both sheep anil lambs. Choice lambs brought $lO. while other grades brought $7.50®9. Ewes brought $1 ® 3.50. There were but few second ar.d culls lambs on the market. HOGS, Best light hogs, 150 to ISO lbs average $ 7.50® 7.63 Over 300 ibs 7.00 150 to 300 lbs 7.00®! 7.65 Sows ... 5.00® 6.00 Stags 4.50®! 5.50 Best pigs, under 140 lbs 7.50® 7.75 Top 7.65 Bulk of sale.: 7.10® 7.35 CATTLE. Prime eornfed st 'em, 1.300 " to I.SOO Ibs 7 06® 5.50 Good to choice steers. 1.200 to 1,300 lbs 6.25@ 7.00 Good to choice steers, 1,100 to 1,200 lbs 5.50@ 0.25 Good to choice steers, 1,000 to 1.100 lbs 4.75® 5.50 Common to medium steers, 809 to 1.000 lbs 5.00® 5.50 Choice yearling steers S 50© 9.50 —Heifers and Cows— Good to choice heifers 6.25® 7.50 Medium heifer.; 4.50® !>-50 Common to medium heifers.. 3.75® 4.50 Good to choice cows 3.50i)j 5.50 Fair to medium cows 1 00® 2.50 Cutters 1.50®! 2.25 Canners .75® 1.50 —Bulls— Good to choice batcher bulls 3.25® 4.25 Bologna Hulls 3.006} 3.25 Light bologna hulls 2.25® 2.75 Light to common bulla 2.00® 2.50 —Calves— Choice veals ' 11.004i12.00 Good veals 9.50®10.50 Medium veals B.oo® 9.50 Lightweight veals 5.50® 7.50 Common heavy weigh* veals... 3.00® 709 —Stockers nnd Feeders— Good to choice steers, under 800 lbs 4.50® 4.75 Medium cows 2.00® 3.50 Good cows 3.50® 4.23 Good heifers *. 5.004$ 6.30 Medium to good heifers 4.00® 4.75 Milkers 37.00®75.00 —Slieep nnd Lambs— Ewes 1.00®) 3.00 Bucks 2.00® 2.50 t'holce himhs 9.00® 10.00 Seconds 6.004$ 7.50 Buck lambs 5.50® 0.75 Culls 4.00® 5.50

Other Livestock

CHICAGO. Dec. B.—Hogs —Receipts, 15,000; market, mostly steady to 15c | higher; bulk of sales, $6.60®0.85: top, $7.25; heavies, so.oo® 6.75; mediums, so.oo® 0.85: tights. $6.75*4.7.23: light lights, $7.10®,7.35; heavy packing sows, smooth. $5.75®6.40; packing sows, rough. $5.50® 5 90: pigs. $7,107/(7.45. Cattle —Receipts, 11,000: market, strong to 25c higher; beef steers, choice and prime, $9.25® 11; medium and good, $6,504(9.75; good and choice. sß.so® 11.25; common and medium. [email protected]; butcher cattle; heifers. $3.60® X. 75 : cows, $3.40® 6.25; bulls, $3.25 @5.75; eanners and cutters cows and heifers, $2.24® 3.40; canner steers, $2.75® 3.75; veal calves, $6.70®9; feeder steers, $4,604(0.60; stocker steers. $3.75® 6.40; stocker cows and heifers, $3.15@0. Sheep and lambs —Receipts, 18.00: market, strong to 25c higher; choice lambs, $10.25 MU.SO; cull and common lambs, $7.25® 10; yearling wethers, $6,754/9 75; owes, $3.754/6; feeder lambs, [email protected]. CINCINNATI, Doc. B.—Hogs—Receipts, 7,500; market, steady to 15 cents lower; heavies and mediums, $7.35; lights anil pigs, $8; roughs. $5.75; stags, $4.75. Cattle —Receipts, 1,400: market, steady; bulls, steady; calves. $11.50; few, $11.75. Sheep and lambs—Receipts, 800; market, steady to 50 cents higher; ewes, $14(4: choice lambs, $11; few, $11.50; seconds, SS; culls, ss® 6. CLEVELAND, Dec. 8. —Hogs—Receipts, 5.000; market, 15c lower: yovkois, $8: mixed and mediums. $7.60: pigs, $8; roughs, $0; stags. $!. Cattle —Receipts, 350; market steady. Calves Receipts. 350: jnnrkot steady: top, sl2. Sheep and lambs—Receipts, 2,500; market steady; top. $12.50. EAST ST. LOUIS. Dec. 8. Hogs—Receipts, 11,000; market, 5 to 15c higher; mixed anil butchers, [email protected]: good heavies. $7,154/7.25; roughs, $5.75@0: lights, $7,304/ 7.50; pigs, [email protected]; N bulk of sales, [email protected]. Cattle—Receipts, 3,000; market, steady; native beef steers, $84(9; yearling Nteers and heifers, sß® 8.75; cows. [email protected]; Stockers and feeders. $4®5.75: calves, $3.30@9; canners and cutters, s2@3. Sheep and lambs—Receipts, 1.500; market, steady: mutton ewes, [email protected]: choice lambs, [email protected]; canners and choppers, $1.50@2. EAST BUFFALO, Dec. B.—Hogs—Receipts, 2.400; market slow; yorkers. $S@ 8.25; pigs. [email protected]: mixed, $7,754(8: heavies. [email protected]; roughs, [email protected]; stags, s4@:B. Cattle—Receipts, 400: market slow: shipping steers, $S@;9: butcher grades, [email protected]; heifers, [email protected]; cows. [email protected]; bulls, [email protected]; feeders, $5.25@0; milk cows and springers, s3s® 140. Calves —Receipts, 200; market active; cull to choice. ss@)l3. Sheep and lambs— Receipts. 600; market active; choice lambs. $11,754/12.50; cull to fair s7@’ll; 3 carlings, [email protected]; sheep, s2@6. / PITTSBURGH. Dee. B.—Hogs-*-Re-ceipts, 3.300; market steady to 15c Jilgher; prime heavies, $5.50® 7.00: mediums, $8 @8.15; heavy yorkers, [email protected]; light yorkers, $8,254(8.40; pigs, , [email protected]; roughs, $5.50@6: stags, $44(4.50: heavy mixed, [email protected]. Cattle—’Receipts, light; market, steady; prime, [email protected]; good, $7.50@>8; tidy butchers, [email protected]; fair, so@7; common, [email protected]; common to good fat cows, [email protected]; common to good fat liulls, s3@s; heifers. [email protected]; fresh cows and springers, ?35@90; veal calves, sl2; heavy and thin calves, $4@S. Sheep and lambs —Receipts. 1.100: market steady; prime wethers, $5.50@6: good mixed, $4.75@;5.25; fair mixed. $3,[email protected]; culls and commons, sl@2; choice lambs, $11.75.

FAMOUS ARCTIC EXPLORER WILL BE CITY'S GUEST Vilhjalmur Stefansson to Give Free Public Lecture Friday Afternoon.

Vilhjalmur Stefansson, the famous arctic explorer, will be In Indianapolis Friday as the guest of L. S. Ayres & Cos. Frederick M. Ayres, president of the company, will entertain Mr. Stefansson and a group of those prominent in the city’s literary circles, at luncheon Friday noon. The same afternoon at 3 o'clock Mr. Stefansson will speak in the Ayres tea room. This lecture will be open to the puld'e. Mr. Stefansson astonished the world, it wilt bo recalled, in 1918 when, after an absence of five years in the arctic sc-as, he suddenly returned to civilization. He had been completely out of touch with the world during the greater part of this time, and was greatly surprised to find the Ydorld YVnr in progress. During this period, he disproved many of the former theories concerning the arctic and proved conclusively the possibility of living for an extended time on the polar ice of the northern seas. At the same time he made many discoveries of the utmost scientific importance. It is the experiences of this five-year residence that form the basis for his most recent volume "The Friendly Arctic” and for his lectures. Vilhjalmur Stefansson was born on a Dakota farm, and in tha face of great disadvantages, graduated from the University of lowa, going from there to a teaching fellowship at Harvard, where he specialized in ethnology. Followed a variety of experiences, terminating in that of the explorer. He accompanied Peary on several of his journeys; then started on his own accord, with new theories concerning life in the arctic, the proof of which have gained for him a high reputation among those who have penetrated the secrets of the polar regions. Chicken Owners Say Wolf Raided Fiocks An animal raid to have been a brown wolf attacked and killed four chickens belonging to O. S. Winterrod, 4710 East Thirtieth street early today. The animal, according to Mr. AY interrod. visited several nearby chicken houses and killed and injured a number of other fowls in the neighborhood before it escaped. One man. according to Mrs. YY'interrod, was chased into his home by the animal when he attempted to drive it away. 4 lce Trust’ Defense Completes Its Case The defense rested today in the “ice trust” ease, which has been in progress for several days before Special Judge YY. IT. Elchhorn of Bluffton. The afternoon xvns devoted to rebuttal testimony on part of the State, indications are that Judge Eichhorn will take the case under advisement late tonight or tomorrow, depending on the length of time counsel requires for argument.

Marriage Licenses Hnrloy Rowers, 622 N. Now .Terser st. 31 Louise Schntte, 542 N. Keystone nve.. .... Elza Powell. 926 N. Capitol ave.. 35 Ellen Esterline, 330 N- Oakland st cl Fi|ward Castello, Columbus, 0hi0.,,. 28 Clotilda Sclillck, 1126 E. 22d st o Ralph Klare, 259 Hendricks place 27 Ruth Kaiser, 1115 E. Ohio st -6 D G Preterbaugh, Eureka, 111 53 U'ona Miller, Forrest City, 111 23 Robert Quigley. 311 Vermont st 23 Gladys Franks, 914 N. East st -* Henry Lorsh, 1816 Wriglit st 62 Tillie Blackwell. 1341 Kelley st 5o Daniel Hanes. University Heights-.... 22 Dorothy Crandall, University Heights 19 Charley Sehanke. 418 IV. Raymond st. 25 Helen Ivtickler, 426 W. Raymond 5t.... 1* Births Waller and Leafy Campbell, 2307 Cos anil Lena Pedigo, 120 North New ' Margaret Sparks, city liosand Margaret Hovlous, city hospital, boy. Charles and Kathryn .Calhoun, city hos- ' *.Tohu K and Mary Nolan, 2140 Singleton, bov. , Charles and Zella Bergen, 2155 Avondale Place, girl. . Everett and Daisy Dumond, 2514 Ol,UMilton" and Grace Dowden, 2904 East Seventeenth, girl. ~ Charles and Minnie Kloss, 180 j Ludlow, boy. Deaths John. AViilet Williams. 77, 2606 Annette, acute cardiac dilatation. Emma W. Fisher, 06, Methodist hospital. strangulated hernia. Edwin Farrer. 73. 733 East TwentyThird. chronic interstitial nephritis. Elmer E. Fornshell, 00. Deaconess Hospital. cerebral hemorrhage. Eli Shutt. 72. Central Indiana Hospital, mitral insufficiency, Catherine Callahan, 27, 43 Eastern, pnlrnonnry tuberculosis. Steven Teney, 69, 50 North Addison, acute gastritis. Perry Glascock, 65, Long Hospital, pyloric stenosis. Alvin Murphy, 9, city hospital, diphtheria. Martin D. O'Connor. SS, city hospital, erysipelas. Lillian Daniels, 47, 410 West Seventeenth. cerebral hemorrhage. Elizabeth Baugh, SO, 31 North Ilolmes, arterioscleosis. Pbilomena Cornet, 77, 1910 Commerce, arterioscleosis. Sarah Duncan, city hospital, cerebral hemorrhage. Delorus Small, 41, St. Vincent Hospital, chronic pelvic cellulitis. Casner Jones, 50, 503 Hamilton, chronic nephritis. Frank Ovorbay, 44, cilv hospital, carid noma. l

Money !o Loan on Mortgages STATE LIFE INSURANCE CO. I BUY GREAT SOUTHERN PRODUC- NEWTON AND ing & REFINING STOCK SELL s=e Curb Market 415 LEMCKE BLD3. TODD

NEW FOLLOWERS HAVE BOTH EARS NEAR TO GROUND Expect to Hear Noise From Beveridge Camp in Very Short Time. Having set up a rather formidible smoke- screen for the evident purpose of intimidating Albert J. Beveridge, who is being talked of as a candidate for the Republican nomination for tho United States Senate, Senator Harry S. New, candidate for reuomination .prepared to leave Indianapolis tonight and return to YVashington and his senatorial duties. He expects to return about tho middle of January to start his active campaign. Everything being done in the. New camp is' being done in a tentative" way, dependent entirely on whether Mr. Beveridge will be a candidate in the primary. It was announced that New headquarters will bo opened at the Hotel Severin, Jan. 1, providing Senator New las any opposition. Active campaign work will begin it that time, providing there is opposition. Everything is cocked and primed to go ahead with a State wide campaign, but everything is dependent on the opposition. LATEST BEVERIDGE RUMOR. Senator New’s friends are nervously awaiting some word from the Beveridge camp, but not a peep is heard. The latest rumor has it that Mr. Beveridge will say something one way or the other within the next two weeks, but It has not been substantiated. “YVo are working hard forming an organization and hoping that the organization we form will be formidible enough to scare Mr. Beveridge out of making the race,” is the way one of the men who will lead the New campaign in the State put it. To this end the New followers Bre making the most of the indorsement given the Senator by Governor Warren T. McCray. They have announced that John McCardle, chairman of the public service commission and campaign manager for former Governor James P. Goodrich, will be active in the campaign. Charles A. Bookwalter has been appointed Marion County campaign manr ager. Campaign managers also are being named in other counties. The last named is Ralph Porter, auditor of Parke County, who will have charge in that county. SENATOR NEW’S MANAGER BUSY. Senator New spent the day seeing numerous persons many of whom will be active in his campaign. Fred 1. King, ids campaign manager, was as busy af the SeTerin as the proverbial one-armed paper hanger receiving callers and answering telephones, the bells of which rang continuously. Mr. King said he would remain in Indianapolis until after the special session of the Legislature and that he would return to open headquarters the first or the year—if there is opposition. PREDICTS CHEST RALLY WILL BE MONSTER EVENT (Continued From Page One.) said Mr. Atkins. “We are charged with raising $25,000 from the men and women who are employed on a basis of one hours’ pay a week for ten weeks, to be paid after Jan. 1, or. ten hours’ work for the other fellow us the contribution for one year.”

Following is a list of factories where i organizations have been established and ! the name of the chairman chosen from j the personnel of tl:e plant: I Acetylene Products Compare, Scott 1 Wade; Advance Paint Company, J. J. j Bright; American Car and Fouudr.v Compaii3', C. R. Baker; American Glue Company, Charles llortman, Jr.; Aiueri , can Leather Products Company, Charles ; h runcisco; A. Bachman, A". Bachman; ; Bauer Carbonic Company, Oscar Bauer ; : 8. M. Bixb3\ S. M. Franklin; Bookwa!-ter-Ball-Greathouse CompaiD*, Miss Grace I Young; Browder ice Cream Company, J. I D. Browder: Charles C. Carr Cos., Mrs. i Jessie A. Roller; Capitol Rattan Comj l ,an y- B. o. Miller; Chic Press, Inc., j Charles F. Sellers; Climax Machinery j Company, R. T. Heunessy; 11. M. Gfhss i orenuer, T. M. Glossbremier; Edgertou jA Cos., R. H. Edgertou; Electric Con- ! t r °Uer Company, H. H. Messenheimeyer; ; Gem Laundry, T. H. Bridewell; C. HaI " lc “ ' Company, Edward U. Simpson; i lletherington A Berner, Thomas A. Hawthorne: litietter Machine Tool Company. ! J. A. Iluetter. | H. Huffman, AV. D. Huffman; InMltanapolis Brewing Company, John J. iGicser; Indianapolis Candy Company, i chairman not named; Indianapolis Eu- ] graying & Electrotype Cos., Fred AV. Koh;; j Indianapolis Glass Company, T. H .James; Indiana Tool & Machine AVorks 1 Company, Albert Berg; Indianapolis AVire Bound Box Company, AVilliam F. Slate; International Machine Tool Company, C. i L. Libby; P. AV. Kennedy & Sou, George | Burns; Lafayette Motors Company C. J. j Jackson; Frank H. Langsenkainp, L. *, Thomas 11. Laycoek & Son. Thomas . haycock; Liquid Carbonic CompanA - , E. 1. Scms; Mac Daniel Printing Company Mrs. K. Morency; Harry B. Mahan Company, J. Rink; McClain Artificial Limb company, chairman uot named; Lewis Company, M* s Helen Richards: •Mid-AA est Engine Company, no chairman named: AA*. Iv. Milhollaml Machine Corn-.-pany AA'. J. Hannon; Modern Electric & Machine Cos., John Andrews; , Morris 1 rinting Company, W. H. Morris: Parke. Davis & Cos.. L. Kingston; Pitisford l urity Pte Company. E. F. Crider; Reedy Elevator Company, J. p. Nohl; Robbins Body Corporation, J. A. Daugherty; H L. Sanders, H. L. Sanders; Smith Agricultural Chemical Company, G. M. AA caver: Tiffany Laundry Company, O. T Church HI; 'Vector Mfg. Cos., AA'. ,T. Cramer; Umtion Steel & AVire Cos., J. L. Baugh; A onnegut Hardware Coinpan3', Ralph V onnegut: A. AViegand’s Sons Company George AViegand; C. E. AVorrell Company' Sr ?-• YVorrell; Capitol Machine Company, E. Ross; J he Oakes Company, AA'arren D. Oakes; Excelsior Laundry, Charles Bi t . t ‘ r il •j ohl ' T. Madden Mfg. Cos., William Ball. Reiss 100 l it Die Cos.. Frank lteiss; Indianapolis Terra Cotta Company, Leon Hicks: Indianapolis Reed Company, AA'ilImm Mahoney; Printing Arts Company* N. .T. Russell; Gates Marble & Tile Cos, (. 1. Knlphy; Sanitary Laundry Company Paul P. Syers: Schnull & Cos., G. A. Schnnll; Aldago Paint & A'arnista Cos., < . M. Altlage; Kruse & Deventer. Charles l. Green; E. C. Atkins &, Cos., chairman not named; Smith-Dgy Company, C. K. f? B '-V Indianapolis Tent & Awning Cos., Carl Pflueger; Hunter Dry Kiln Com gaily, M. (). Ragsdale; R. Kirschbatiin & Sons. Miss Nell Kerrigan; Fame Laundry, • *' • Booth; Indianapolis Saddlrrv Cornpans*. chairman not named; Paul Krauss Company, Edward Dipnle; Tnsley .Mfg. ( 0., AA illiam G. I\s,v: Sfeier Electric Company, L. Story; AA'angelin-Sharp ComPany, C. Westfall; C. & G. Pattern Works, T red Crider; New S.vstem Laundry Com pany. Thomas M. Long: City Ice & Coal Cos., R. S. Norwood; Indianapolis Bank .t Store Fixture, J. S. Mellen; Kramer Mfg. Cos., AA T . 11. Dragoo; Furnas Office 1? urn it ure Company, M. H. Morris; Oliver Chilled Plow Company, AA r . A. Hood. City school principals meet at 2 o'clock at the school administration building with Robert E. Springsteen, chairman of the governmental division, to arrange for solieitation of teachers. No contributions will be asked of the pupils.