Indianapolis Times, Volume 34, Number 181, Indianapolis, Marion County, 9 December 1921 — Page 20

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STOCKS WOBBLE AND RECESSIONS FEATURE MART Report of Merger Strengthens Ajax Rubber, Although Gain Is Slight. (pecia! to Indiana Daily Times Ind Philadelphia Public Ledger. By MONITOR. NEW YORK, Dec. o.—The stock market was more or less unsettled, with rather sharp reactions developing in lome of the issues that have shown ronsiderable strength and activity of (ate. Recessions were quite general ihroughout the list, and were by no ueans offset by the advances that took tlace in some of the copper shares and 1 few specialties among which were ijax Rubber, Famous Tlayers, Pittsturgh Coal, Replogle Steel and United fruit. The strength in Ajax Rubter was >ased largely on rumors of a merger be•ween this company and Lee Tire & Rubier, although this latter stock displayed lelther activity nor strength. A sagging tendency made Its appearince in the steels, equipments and motors, nd the rails were irregularly lower. Profit taking by reeent buyers appeared to be responsible for the setback in motors. altho'ugh transactions in Chandler suggested some operators were uncertain about the outlook for the dividend which comes up for action at the meeting next week. Construed as a reflection of the great events that have been chronicled in the last few days, the stock market movements of the week have been utterly insignificant. There has been nothing In the character of the trading or scope of operations to indicate a response to the constructive action that has been taken on some of the world's major problems. This tendency has been apparent only in the exchanges, which were strong again, with another forward movement in sterling and francs. The census report on cotton ginning is Interpreted as indicating a yield of about 8.000.000 bales. This figure probably is discounted and offset by the evidence of improved demand, both for actual cotton and goods.—Copyright, 1921, by Public Ledger Company. WALL STREET GOSSIP BY MONITOR For several days past there have been some large selling orders just over the market In corn products refining. These orders were withdrawn, and the pool which has been operating took advantage of the opportunity to advance the price to anew high level for this year. Profit taking encouraged by weakness in other parts of the list, resulted in a point reaction on the close. The operator who was responsible for the recent strength in Studebaker and Chandler motors again was a seller of both stocks. It is understood supporting orders are in the market a few points under the prevailing quotations. Several firms have commented on their Inability to get any quantity cf certain stocks when the market is weak. This is true notably of Union Pacific and Central Leather. There are buying orders of considerable magnitude in the former nnder 120. and in the latter under 29. White both prices have been quoted, only small lots of stock were available, and the quotation has rebounded speedily. United States realty again was strong, the activity being reported as due exclusively to the speculative group operating in it. The 6 per cent dividend story again was in circulation, but the last report as of April SO. showed a deficit of more than $3,000,000. Another railroad company which long has been among the doubtful dividend payers was placed upon the list which has resumed distribution. The Chicago, Indianapolis & Louisville declared a dividend of 1% per cent on the common stock, and the semi-annual dividend of 2 per cent on the preferred. That the company could at this time declare a dividend was taken ns indicative of improvement in the railway situation. The Cuban Sugar Company cut the price of raws to 2% cents, the lowest official quotation recorded thus far. Cuban raws for January and March delivery sold at 2 cents cost and freight. There remains in banking circles an undercurrent of feeling that the possibility of demoralization in the Cuban sugar situation is by no means past. Declaration of the quarterly dividend or l-% per cent by the directors of the Northern Pacific Railroad Company failed to stimulate buying in the stock. Commission houses report that since the issue of the Great Northern and Northern Pacific joint bonds, the tendency of Investors has been to sell the stocks of these railroad companies rather than to add to their holdings. Baldwin Locomotive was offered in large quantities,'almost from the opening of the market. Considerable quantities of American Car and Foundry also came into the market. This selling, while speculative In nature, was based on a report that these companies contemplated an arrangement with some of the railroad- companies whereby they will acquire the repair shop of the latter. This suggestion was taken to Indicate the possibilities of new financing by the equipment companies, and as such was construed bearishly. The copper stocks were taken in hand in the afternoon and bid to new high prices for the current movement. There was no trade news to account for the influx of buying orders. Gold to tbe value of $900,000 arrived from France consigned to various local bankers. —Copyright, 1921, by Public Ledger Company. In the Cotton Market NEW YORK, Dec. 9.—Considering the cables, which were better than had been expected, the local cotton market had a poor opening today with December 5 points higher and other months unchanged to 11 points lower. The selling was attributed to less favorable news on the Irish situation and there was a good deal of realizing. At the end of the first fifteen min'. tes, the list was about 8 points lower from initial levels. New York opening cotton prices: December, 17.85 c; January, 17.08 c; March, 17.65 c; May, 17.35 c; July, 10.S8c; October, 16.38 c. The market rallied In the late dealings after January had sold off to 17.48 c. The close was steady at a net decline of 5 points to a net advance of 1 point. —Cotton Futures — • Open High Low Close Jan 17.68 17.87 17.48 17.67 March 17.65 17.84 17.48 17.65 Mav .• 17.38 17.60 17.30 17.45 July 16.88 17.16 16.88 17.01 Oct 1 16.38 16.50 10.25 16.38 Dec 17.5.8 17.96 17 65 17.50 —COTTON REVIEWNEW YORK, Dec. 9—The market had another rally today, but not with a considerable volume of selling from various sources, which not only checked the advance but also brought about a reaction to prices below yesterdays finals. These fluctuations are just about what may be expected at the present time. There is no definite trend in the market and which will probably remain within the range recently established until we have encountered something new to attract the public unless, perchance, the next Government report should prove to be a surprise. We anticipate Improved trade conditions this coming year and we doubt very much whether planters will increase their acreage should cotton remain at the existing level. We therefore continue to feel that in oeprating the course U to take the lcng side on the breaks. LIVERPOOL, Dec. 9. —There was an Increased demand for spot cotton at the opening today. Prices were steady and sales around 6.000 bales. American middljngs fair. 13.50d: good middlings, 11.75d; fully middlings, 11.35d; middlings. 10.95d; low middlings, 9.95d; Aod ordinary, S.7od: ordinary, 7.45d. opened quiet.

N. Y. Stock Exchange (By Thomson & McKinnon.) —Dec. 0— Frev. High. Low. Close* close. Allied Chemicals 56(4 55% 56 56(4 Ajax Rubber... 20 19% 20 20 Allis-CUalmers.. 38 37% 38 37% Am. Agri 31% 31 31% 31% Am. Beet Sugar 28% 28% 25?4 28% A. B. Mag. Cos. 34% 34% 34% .... Am, Car. & F.. 146 145% 146 145% Am. Can 32% 31% 32% 32 A. H. &L. com. 13% 12% 12% 13% A. H. &L. pfd. 57% 56% 56% 57 Am. Ice 75 74 75 73 Am. Inter. Cor. 40% 39% 40% 39% Am. Linseed.... 31% 30% 30% 31% Am.'Loco 90% 97% 99% 97% Am. Smelt &R. 45% 45 45% 44% Am. Sugar Ref. 54% 53% 54% 54% A. Suma. T. Cos. 31% 30% 30% 31% Am. S. Fdy 34% 33% 34% 33% Am. Tel. & Te1..116 115% 116 115% Am. Tob 133% 130% 133% 133% Am .Woolen .... 80% 80% 80% 80% Atlantic Pete.... 22% 22% 22% 22 Anaeou. Min. Cos. 48% 47% 48% 47 Atchison 89% 89 89% 89% At. G. & W. I. 31% 30% 31% 31% Baldwin L0c0... 94Vi 93% 94% 93% B. & 0 36% 35% 36% 35% Beth. Steel (B) 58 56% 58 57 Cal. Pete 13 42% 43 43 Can. Pae. Ry.... 120% 120 120% 120 Cent. Leather... 30% 29% 30% 29-q Cband. Motors.. 47% 46 47 V% C. & 0 56 56 58 06% C„ M. Ac St. P.. 20% 19% 20 19% C.,M. & St.l’.pfd. 33% 32% 33% 32% Cbi. &X. IV 68 67% 67% 68 C.. It. I. & Pac. 32% 31% 32 32 •C.li.l.&P.Opcpfd 72% 71% 71% 70% •C.R.l.&P.7pcpfd 84 83% 84 Bi% Chili Copper 12% 12% 12% 12% Chino Copper , 27% 27% 2i% -<% Coca Cola 40% 39 40% 39 Columbia Gas . 64% 64% 61’t 61 % Columbia G. ... 4 33% 3% Cosden Oil .... 34% 34 34% 34 Corn Prod 94% 90% 94% 90% Crucible Steel .05 63% 94% 64 Cuban Cane S. 7% 7% 7% i% Del & Hud. ..108 106 106 10% Del’. A: Lack.. 1112% 110% 110% 111% Erie 11%- 11 41 11 Endieott 77% 77 t<% „*'.% Famous Play. .74 73% i% <4 Fisk Rub. C 0... 11 10% 11 10% Gen. Asphalt... 66 64% 65% 65% Gulf S. Steel.. 49% 46% 48 .... Gen. Electric ..136% 136% 136% 130% Gen. Motors.... 11 10% It U Goodrich. 35% 34% 34% 34% Gt. North, pfd. 75% 74% 75% 75% Gt. North. Ore. 31% 31% 31% 31% Houston Oil .. 7S 78 78 78 Haskell Barker 81% 80% 81% 80% Illinois Central 97% 97% 9774 99 Inspiration Cop. 39V4 Invincible Oil.. 12 11% 11% 12 Indiahoma .... 4% 4% 4% 4% Inter. Harvester 82 82 82 82% Inter. Nickel... 11 % 11% 11% H s 4 Inter. Paper... 53 52% 52% 02% Island O. & T.. 3% 2% 2% 274 Kan. C. So 24% 23% 26% 24% Kelly-S. Tire.. 42% 4U> 42% 42% Kennecott Cop.. 26% 25% 20% 25% Lacka. Steel.... 47% 40 46% 44% Lehigh Valley.. 59 58% 59 58% Lee Tiro 28% 25% 28% 28% Loews. Inc 14% 13% 14% 14% Jj. A- X 109 109 109 709% Marine coin. ... 15% 14% 15% 14% Marine pfd 04% 62% 04% 64 May Stores .... 99 98 98 98% Mont.-Ward. .. 14% *12% 12% 14 Marvlanj 0i1... 20% 20 20 20% Mexican Pet. ..113% 112% 113% 112% Miami Copper.. 20% 25% 20% 25% Middle States O. 15 14% 14% 15 Missouri P. pfd. 46% 46 40% 40% Nevada Con Cop 14% 14% 14% 14% N. Y. Ceutral.. 74 73% 73% 73% New Haven 14 12% 137 gl3 Xorf. & West.. 98 97% 97% 98 North. Pacific.. 80 79 80 79% Pacific Oil 45% 45% 45% 45% Pure Oil 38% 37% 38% 37% Pan Am. Petrol. 51% 51% 51% 51% Peuna. By 33% 33 33% 33 People's Gas... 56 56 56 56 Pierce-Arrow... 14% 14 14% 14% Pierce Oil 12% 11% 12% 12% Pittsburgh Coal 05% 04% 04% 05 Prsd. Steel Car 00 65% 00 66 Pulrnn. Pal Car.loß% 108 108 K'7% Ity. Steel Spgs. 93 93 93 93 Ray Copper 14% 14% 14% 14% Reading 71% 70% 71% 71 Itep. Irn. & Stl. 54% 53% 53% 52% Replogle Steel.. 26% 25% 26% 25% Kyi. Deh. X. Y 40% 48% 49% 48 Sears-Roebuck.. 56% 55% 56% 56% Sinclair 22 21',4 21% 22% S-Sheff. S. A I. 39% 39% 39% 38% So. Pacific 79% 79% 79% 79% Southern Ry.... 18% 18% 18% 18% St.L. A S.IV.Ity. 21% 21% 21% 21% Stand. O. N. J. ..188 185 186 1.84% St.L. A S.F.com 22 21% 21% 21% Strcm. C'arb.... 32 32 32 .... Stndef.al.er 79% 78% 79% 79% Tex. C. & Oil.. 28% 28% 28% 28% Texas Cos 46% 45% 40% 46 Tex. A Pac 23% 23% 23% 23% Tob. Prods 59% 57% 59% 58% Trans. Oil 10% 10% 10% 10% Union Oil 19% 18% 19% 18% I'nion Pacific ..126% 126% 126% 127% IT. R. Stores.... 52% 51% 52 52 U. S. Food Corp. 10% 9% 10 10% United Fruit C 0.125 122% 124 123% United Drug.... 69 68% 69 69 U. S. Ind. Alco. 38% 37% 38 37% U. R. Rubber... 53% 52% 53% 52% U. S. Steel 83% 83% 83% 83% U. G. Steel pfd.. 113% 113 113 113% Utah Copper 62% 61% 62% 61 Vanadium Steel. 33% 31% 12% 32 Wabash 6% 6% 6% 7 Wabash Ist pfd. 21 20% 20% 20% White Oil 12 11% 11% 12 Western Union. 82 91% 92 91% West. Elec 49% 49% 49% 49% White Motors .. 39% 39% 39% 40% WiUys-Overland. 5% 5% 5% 5% Wilson A C 0.... 29 29 29 29 Worth. Pump... 43% 43% 43% 43% West. Pac 17% 16% 17% 17% •Ex-dividend. NEW YORK LIBERTY BONDS. —Dec. 9 Prev. High. Low. Close, close. Liberty 3%5.... 95.96 95.62 95.70 95.96 Liberty Ist 4s 97.30 Liberty 2d 45... 97.08 06.97 97.00 07.08 Liberty Ist 4%5.. 97.50 97.32 97.36 97.40 Liberty 2d 4%5.. 97.70 97.00 97.06 97.20 Liberty 3d 4%5.. 97.70 97.50 97.62 97.64 Liberty 4th 4%5. 97.50 97.34 97.36 97.50 Victory 3%<=.... 99.98 99.90 99.98 !K>.9o Victory 4%s 100.00 09.96 99.98 99.94 CHICAGO STOCKS. (By Thomson A McKinnon) —Dec. 9 Open. High. Low. Close Armour pfd. .. 94% 94% 94% 94% Armour Leather 12% Carbide A Car. 45% 45% 45 45 Libby 6 6% 5% 6% Mont.-Ward 14 14 12% 13% National Lether 2% 2% 2% 2% Piggly Wiggly 20 22 20 22 Sears-Roebuck.. 55% .... , Stewart-Warner 23% 23% 23% 23% Swift A Cos. .. 98% 98% 98% 98% Swift Inter 20% 21% 20% 20% _ NEW YORK PETROLEUM. NEW YORK, Dec. 9.—Petroleum prices were steady in trade on the market here today, Pennsylvania crude selling at $4 per barrel. NEW YORK TURPENTINE. NEW YORK, Dec. 9.—Turpentine sold at 82c per gallon in trade on the market here today. NEW YORK WOOL. NEW YORK, Dec. 9. —Wool was in fair deman dtoday at steady prices. WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef cuts as sold on the Indianapolis markets of Swift A Cos.: Ribs—No. 2,24 c; No. 3,18 c. Loins— No. 2,28 c; No. 3,23 c. Round—No. 2, 15c; No. 3.12 c. Chucks—No. 2,10 c; No. 3,9 c. Plates—No. 2. 9c; No. 3. Sc. TOLEDO SEED PRICES. / TOLEDO, Dec. 9.—Clover seed—Cash, $12.80 bid; December, $12.80 bid; January, $12.75; February. $12.80; March, $12.75 bi<l; April. $12.30 bid. Alsike— Cash. $11; December, $11; February, $11.15; March, $11.25. Timothy—Cash, $3.15 asked; December, $3.15 asked; January, $3.90 asked; February, $3.25 asked; March, $3.30 asked. One Killed, Four Hurt When Hit by Train Special to Ths Times. HAMMOND, Ind., Dec. 9.—On* man was killed and four seriously Injured today when a Nickel Plate passenger train smped the rear eand of a passenger b£ containing a score of men on their }%y to work at Eaat Chicago plants.

STOCK MARKET CLOSES STEADY Corn Products Features Late Trade—Rails Strong. NEW YORK, Dec. 9—The stock market closed steady, the feature of the late dealings being the buying of Corn Products, which advanced to 94%, an upturn of over 4 points for the day. Railroad shares showed a better tone. Northern Pacific moving up 1 point to 79%, while Bt. Paul preferred rose 1% points to 33%. Studebaker was in demand, advancing 1% points to 79%. Mexican Petroleum was steady around 113. Government bonds were unchanged and railway and other bonds steady. Total sales of stocks were 608,800 shares. (By Thomson A McKinnon.) —Dec. 9. The action of the market today during the first hour was uncertain and confusing t> traders because of the quick changes from activity to dullness and backAo activity. A few groups were consistently strong, such as copper shares and steel companies that have been mentioned in connection with the proposed merger. During the day, the entire market strengthened, with a few exceptions. This is not the time of the year for very active business, except la the retail trade, nevertheless, a news bureau reports a larger demand for pig iron and foundry products aud a better demand for copper metal. In other lines, the feeling Is confident and preparations are being made for expansion next year. The one unfavorable business item of the day was the report of a receivership for a phonograph company, but this is not to be taken too seriously in respect to general conditions. It merely shows that we still have a few corporate criples who have not been able to successfully weather the storm. We have these experiences even in the best of times. The best news of the day was a cable from London to the effect that a conference Is to be arranged between the English and French premiers to discuss the economic situation. This, of course, means that something will be done for the weaker countries of Europe and any favor to them will quickly react advantageously on our own business. Barring unfavorable or unforseen developments and occassional reactions, we continue to look with favor on the market and expect ultimately high prices. TWENTY STOCKS AVERAGE. NEW YORK, Dec. 9—Twenty industrial stocks Thursday averaged 78.80, off 1.39 per cent. Twenty active rails averaged 74.22, off .38 per cent. CLEARING HOUSE STATEMENT. NEW YORK. Dec. 9—Exchanges. $707.000 000; balances, $71,200,000. Federal I Reserve Bank credit balances, $17,200,000. Money and Exchange Indianapolis bank clearings Friday were $2,931,000. NEW YORK, Doc. 9—Foreign exchange opened steady Friday. Demand Sterling was %c lower at $4.10%. _ Francs were 3 centimes higher at 7.78 c for \ cables and 7.77 c for cheeks. Lires cables I were 4.42 c; checks, 4.41 c. Belgian cables were 7.48 c; Checks, 7.47 c. Marks rose !1% points to .0053 c. Guilder cables were 35.80 c; cheeks. 35.78 c. Sweden kronen cables were 24.20 c; checks, 24.15 c. NEW YORK CALL MONEY. NEW YORK, Dec. 9.—Money—Call money ruled 5% per cent; high, 5% per i cent; low, 5 per cent. Time rates quiet, all 5Vi per cent. Time mercantile paper | quiet. Sterling exchange was steady. with business in bankers’ bills at $4 09% ; for demand. MOTOR SECURITIES. (By Thomson A McKinnon) —DeC. 9 —ClosingBid. Ask. Earl Motors 4% 4% I Packard com _7% 7% i Packard pfd 67 1 Peerless 34 36 j Continental Motors com. .... 6 6% Continental Motora pfd 11% 12 Hupp pfd 92 98 lleo Motor Car 19% 19% Elgin Motors 3% 4% ' Grant Motors 1 1% i Ford of Canada 245 250 ! International Motor com 29 National Motors 2 4 ' Federal Truck 15 17 [ Paige Motors 15 16 Republic Truck 6% 6% ACTIVE OIL STOCKS. (By Thomson A McKinnon.) —Dec. 9. —Opening—- - Bid Ask A iglo-Amerlcnn Oil 20% 20% Atlantic Loboa 0 9% Borne-Scry inser 300 350 Buckeye I’ipe Line 82 81 Chesebrough Mfg. Cons 185 195 Continental Oil. Colo 118 123 Cosden Oil and Gaa 6 8 Crescent Pipe Line 30 31 Cumberland Pipe Line 125 135 Elk Basin Pete 7 7% Eureka Pipe Line ...80 84 Galena-Signal Oil, Prof 100 104 Galena-Signal Oil, Com 40 A3 Illinois I’ijie Line 100 165 Indiana Pipe Line 81 83 i Merritt Oil 10 10% Midwest Oil 2% 3 Midwest ltfg. 170 180 National Transit 29 30 New York Transit 123 128 Northern Pipe Line 98 100 Ohio Oil 275 280 Oklahoma P. A R 6% 6% Penn.-Mex 17 22 Prairie Oil and Gas 560 580 Prairie I’ipe Line 225 230 Sapulpa Itefg 3% 4 Solar Refining 355 370 Southern Pipe Line 80 85 South I’rnn Oil 223 227 South —S/ t Penn Pipe Lines .. 56 00 Standard Oil Cos. of Kail 560 580 Standard OH Cos. of Ivy 435 445 Standard Oil Cos. of Neb 170 ISO Standard Oil Cos. of N. Y 370 377 Standard Oil Cos. of Ohio 3*l -400 Swan A Finch 40 50 Vacuum Oil 320 330 Washington Oil 35 40 NEW YORK CURB MARKET. (By Thomson A McKinnon.) —Dec. 9 —Closing— Bid. Asked. Acme Packing 60 65 Curtis Aero.com. ............ 33% Curtis Aero, pfd IS 22 Goldfield Con 4 7 Martin Perry 15 18% Jumbo Extension 4 6 imperial Oil (Del.) 9% 10 International Petroleum 16% 16% Xipissing 6% 6% Standard Motors 3% 4'% Salt Creek 13% 14'% Tonopah Extension 13-16 1% Tonopah Mining 1% 1% United P. S. new 1% 111-16 U. S. Light and Heat 1% 1% U. S. Light and Heat pfd 1 1% Wright-Martin 2 5 Yukon Gold Mine Cos 1 1% Jerome 25 28 New Cornelia 16 17 United Verde 27% 29 Sequoyah 5 10 Omar Oil 68 70 Rep. Tire 15 25 NEW YORK SUGAR. NEW YORK, Dec. 9.—Raw sugars were weak on the market today, Porto Ricos being quoteu at 3.87 e per pound, delivered. Refined sugars were weak, fine granulated selling at 5.20 c per pound. NEW YORK COFFEE. NEW YORK, Dec. 9.—Trade in coffee was rather quiet on the market today, hut there were no declines in prices. Opening options were 1 to 4 points higher. Rio No. 7 on spot sold at 9%c per pound. NEW YORK RICE. NEW YORK, Dec. 9.—Rice trade was rather quiet on the market today. Prices were unchanged, domestic selling at 3%@ 7%c per pound. NEW YORK METAL MARKET. NEW YORK, Dec. 9.—Copper—Quiet; spot, December and January offered at 13c. Lead—Quiet; spot, December and January offered at 4%c. Spelter—Easy; spot and December offered at 4%c; January offered at-4.92%e. NEW YORK HIDES. NEW YORK, Dec. 9.—Hide values were higher in trade on the market today. Native steer hides were quoted at 16%c and branded steer hides at le%e.

INDIANA DAILY TIMES, FRIDAY, DECEMBER 9, 1921.

New York Bonds (By Fletcher American Cos.) —Dee. 9 FOREIGN GOVERNMENT BONDS. Bid. Ask. Arg. (unlisted) ss, Sept. 1, ’45 72 74 Belgian 6a, Jan. 1, ’25 95 % 95% Belgian 7%5, June 1, ’45 104 105 Belgian Ss. Feb. 1. ’4l 104% 105 Berne Bs, Nov. 1, ’45 107 108 Chile Bs. Feb. 1, ’4l 102% 102% Christiania Ss. Oct. 1, ’45 107 108 Copenhagen 5%5, July 1, ’44.. 87% 88 Danish Mun Ss, Feb. 1, ’4O. ..107 108 Denmark Bs, Oct. 15, ’45 107% 108% •Canadian 5%5, Dec. 1, ’22... 90 % 92 * •Canadian 5%5, Nov. 1, ’23... 90% 92 •Canadian 5%5. Nov. 1. ’24.... 89% 91 ♦Canadian ss, Dec. 1, ’25 87% 89 Canadian ss. Apr. 1, ’26 96 96% •Canadian 5%5, Dec. 1, ’27... 91 92% Canadian 5%5, Aug. 1. ’29.... 97 97% Canadian ss, Apr. 1, ’3l 94% 95 •Canadian ss, Oct. 1, ’3l 88 89% •Canadian 5%5, Nov. 1, ’33.... 91% 93 •Canadian SV2S. Nov. 1, ’34.... 89% 90% Canadian ss. Mch. 1, ’37 93% 94% •Canadian 5%5, Dec. 1, ’37.... 93% 94% •French (Viet.) ss.'Opt., ’31... 54 56 French 4s, Opt., ’43 44 45% French Bs. Sept. 15, ’45 100% 100% •Italian (War) 5s 33 34 Jap (Ist) 4Vis, Feb. 15. ’25... 86% 87% Jap (2d) 4%5, July 10, ’25 86% 87% Jap 4s, .Tan. 1, ’3l 81% 72 Norway Bs, Oct. 1, ’4O 109 110 Sno Paulo Bs. Jan. 1, ’36 101% 102 Swedish (is, June 15, ’39 93% 96% Swiss 5%5. Aug. 1. ’29 95% 96 Swiss Ss. July 1. ’4O 112 113% U. Iv. 5%5, Nov. 1, ’22 99 % 99% U. K. 5%5, Aug. 1, ’29 97% 98 U. K. 5%5, Feb. 1, ’37 94% 95% Zurich Bs, Oct. 15, ’45 107 108 Brazil Bs. .Tune 1. 1911 lot 104% French 7%5, June 1, 1941 94% 95% Uruguay Ss. June 1. 1946 102% 103 Argentina 7s, Oct. 1, 1923.... 99% 100% •Internal loans. CORPORATION BONDS. Bid. Ask. Alum. Cos. of Am. 7s, Nov.. *25.100% 101% Am. Cot. Oil 6s. Sept. 2, ’24.... 95% 96% Ain. Tel. 6s, Oct. ’22 1001-16 100 8-16 Am. Tel. 6s, Feb.. ’24 99 15-10 100 1-16 Am. Thread 6s. Dee.. ’2B 100% 100% Am. Toll. 7s, Nov., ’22 100% 101% Am. Tob. 7s, Nov., ’23 100% 102% Anaconda (is, Jan., "29 97 % 97% Anaconda 7s. Jan., ’29 102 102% Anglo-Am. Oil 7%5, April, ’25.103% 103% Armour 7s, July 15, ’3O 102% 102% At. Ref. 6%5, March. 531 103% 104 Bell Tel. Can. 7s. April, ’25... 160% 100% Beth. Steel 7s, July 15, ’22...100% 100% Beth, steel 7s, July 15. ’23....160% 100% Can. Pacific 6s, March 2, *24..100 1-16 100% Cent. Arg. By. 6s, Feb., ’27.... 91 92 C’„ It. I. & I’, (is, Feb., ’22.... 99% 100% Con. Gas Bs. Dec., ’2l 100% 101 Copper Exp. Bs, Feb. 15, ’22 100% 100% Copper Exp. Bs, Feb. 15, 23.101% 102 Copper Exp. Bs, Feb. 15, ’24.103 103% Copper Exp. Bs, Feb. 15, *25.10.7% 104% Cudahy 7s, July 15, ’23 100% 100% Fed. Sugar 6s, Nov., ’2l 97 97% Goodrich 7s, April, ’25 98% 98% Gulf Oil 6s, Jlllv, *23 1)9% 100% Gulf Oil 7s, Feb.. *33 102% 103% Hock Valley os. March. ’21... 97% 98% Humble Oil 7s, March 15, ’23.. 100'% 100% (nt. It. T. 7s, Sept., ’2l 72 73 K. C. Term. 6s. Nov. 13, ’23. 99% 100% Ivenn. Cop. 7s. Feb., ’3O 101 ]oi% Laclede Gas 7s, .Tan., *29 9.8% 99 Proctor & <l. 7s. March. ’22....100% 101 Proctor & G. 7s. March. '23 .101 101% Pub. Ser. N. J. 7s, March. '22.100% I(S'% It. J. Reynolds 6s. Aug.. ’22..100', 100% Sears-Rcebuck 7, Oct. 15, '22. 99% 100 Sears. Roebuck 7s. Oct. 15, ’23. 99% 100 Sinclair 7%5. Mav 15, ’25.... 99% 10"% Solvny A Ole Bs. Oct, ’27,..100% 104% Southern Itv. (is, March, '22.... 99% 99% S. W. Bell Tel. 7s. April. ’25.109% 101% Stand. O. (Cal.) 7s. Jan, '31,106% 106% Stand.o,(N.V.) 7s, Jan, ’25 '31.104% 108% St. Paul U. I>. 5%5. Dec. 15, ’23 99% 99% Swift 7s. Oct. 15, '25 100% 101 Texas Cos. 7s, March 1, ’23., 100% 101% I 'tail Sec. 6s, Sept. 15. ’22,.. 97% 97% West. Electric 7s, April. '25, ,104 104% Westinghouse 7s, Mamy, '31.,105(4 105% Local Stock Exchange j —Dec. 9 STOCKS. Bid. Ask. Ind. Ry. A- Light com 60 Ind. Ry. & Light pfd 75 Ind pis. & S. E. pfd 60 Indpls. & N. W. pfd. 60 Ind pis. St. Ry 37 41 T. 11, T. & L. pfd 63 T. H, I. fi E. com..V. 4 T. H, I. A E. pfd 12 IT. T. of Ind. cm T\ T. of Ind. Ist pfd A... 7 I IT. T. of Ind. 2d pfd 2 Advanee-Rumely com Advance-Rumely pfd Am. Creosoting pfd 92 Am. Central Life 150 ... felt It. R. com 69 68 Belt R. R. pfd 45 ..„ Century Bldg. Cos. pfd 9l ... Citizens Gas Cos 25% ... Dodge Mfg. Cos. pfd 88 nome Brewing 49 ... Ind. Hotel com 61 Ind. Hotel pfd 9* Ind. Nat. Ins. Cos 3% 5 Ind. Title Oner. Cos 47% ... Ind. Pipe Lines 80 85 Indpls. Abattoir pfd 41% 50 •Indpls. Gas 42% 50 Indpls. Tel. com 4 12 Indpls. Tel. pfd 99 Mer. Pub, Util, pfd 41% 51 % Nat. Motor Car Cos 2 4 Pub. Sav. Ins. C -4% ~.. Rauh Fertilizer pfd 40 Stand. Oil of Indiana Sterling Fire Ins. Cos 7 8 Vnr Camp Hdw. pfd 100 Van Camp Prod. Ist pfd 100 Van Camp Prod. 2d pfd 100^ Vandalia Coal Cos. pfd * 4% B'% Vandalia Coal Cos. pfd 5 9 Wabash Rv. com Wabash By. pfd 20 24 BONDS. Broad Ripple 5s 55% 65 Citizens St. Ry. 5s 67% ... Indian Ck. Coal and Mine 100 Ind. Coke A Gas 6s 83 89 Indpls. C. A S. 5s 91 Indpls. A Martinsville 65,, C 5 Indpls. North. 5s 37% 43 Indpls. A N. W. 5s 50 Indpls. A 8. E. 5s 45 Indpls. S. A S. E. 5s 75 Indnis. St. Ry. 4s 50 56 Tndrds. T. A T. 5s 71% 75 T. H, I. A E. 5s IT. T. of '-d. 'ls 47 52 Citizens Gas 5s 80 87 Indpls. Gas Cos 78% 80 Kokomo, M. A W. 5s 80 88 Ind. Hotel Cos. 2d 6s 95 Indpls. li. A 11. 5s 82 89% Indpls. Water Cos. 5s 92 93 Indpls. Water Cos. 4%s 74 .82 Mer. IT. A L. 5s 95% .08% New Tel. Ist Cs 94% ~ New Tel. L. 11. 5s 93% Sou. Ind. Power 5s 88% LIBERTY BONOS. Liberty Ist 3%s 95,12 95.72 Liberty Ist 4%s 97.11 97.44 Liberty 2d 4%s 97.00 97.24 Liberty 3d 4%s 97.38 07.58 Liberty 4th 4%s 97.20 97.50 Ylvtorv 3%s 09.86 09.96 Victory 3%s 99.86 99.90 Local Curb Market (By Newton Todd) —Dec. 9 Am. nomlny com 14 20 Central and Coast Oil 2 . ~ Choate Oil Corp % 1% Columbian Fire Ins. Cos 6 7% Comet Auto 1 2 Dayton Rubber Units 60 69 Dictograph Prod, pfd 46 65 I>. W. Griffith 8 9% Elgin Motor Car 3% 4% Federal Fin. Cos. pfd 76 80 Fed. Fin. Cos. com 123 130 Gt. Sou. Prod. A Ref 5 6 Indiana Rural* Credits 50 09 Metro. 5-50 c Stores com 7 10 Mere. 5-50 c Stores pfd 24 29 National Underwriting 3% 5 Rauch A Lang Units 40 48 Rub.-Tex. Units 15 18 IT. S. Automotive Units 70 80 U. S. Mfg. Cos. Units 148 160 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 and Trust,.. 92 97 Wash. Bank and Trust Cos,. 150 .... FLOUR AND MEAL. E-Z-Bake bakers’ flour In 98-lb. cotton bags, 87.80. worn meal in 100-lb. cotton bags, $1.65.

WHEAT TOUCHES BETTER LEVELS Corn and Oats Hold Steady— Provisions Higher. CHICAGO, Dec. 9.—Liberal export business sent wheat prices to slightly higher levels on the Chicago Board of Trade today. Prices were higher at the opening and the market was marked by a fair demand. Other grains were fairly steady. Provisions were higher. December wheat opened at $1.10%, up %c, and later advanced %c. May wheat opened %c higher at $1.14%, and was higher at the close. July wheat opened up %c at 13%e, and closed up %c. December corn was off %c at the opening price of 48%e and closed %c higher. May corn opened at 54%c, up %c, and was unchanged at the close. July corn opened unchanged at 56c aud closed unchanged. December oats opened at 32%e, unchanged, and closed Vic higher. May oats opened at 3S%c, off %e, anil closed unchanged. July oats opened unchanged at 39c and was unchanged at the close. (By Thomson A McKinnon) —Dec. 9 AVheat—Early inactivity In wheat gave way to considerable strength brought about by expressions of belief that moratorium would be extended to Germany, also by seaboard claims -hat German importers, generally were inquiring for offers of wheat, corn and rye. Liverpool and Buenos Aires have shown a little strength, but not proportionate with our advance. The Winnipeg market is inclined to drag, particularly the cash wheat, premiums for which are quoted lower. The export business as made public is of only moderate volume and it is claimed that the business in hard winter wheats at the gulf is in the way of tilling old contracts. Sentiment generally is friendly, but it is noticeable that the outside public remains apathetic, there being many periods of dullness in the market. The situation is improved to the extent that there is a possibility of a broader demand from central Europe. The course of prices will be influenced by developments in this line. Corn and Oats—lt Is noticeable that cash interests and some of the leading industries appear as buyers of corn and oats. Some of this buying is against further export business in corn and some of it against a belief thaf the domestic trade in both corn and oats should improve considerably. Outside markets, particularly gu!f exporters, are still overbidding Chicago for corn in the country. These markets are not inflated, not having been subjected to any unnecessary or unwarranted buying. On (lie contrary a process of liquidation has been going on. therefore, we feci that the foundation of both is good. Provisions —Demand for products is scattered and small, but the market is responsive as there are no offerings from packing interests. In the event of any help for Germany, either in th way of new credits or in the way of postponing payment of obligations, there should tic a better export outlet for hog products. CHICAGO GRAIN TABLE. —Dec. 9 WHEAT— Open. High. Low. Close. Dec 1.10% 111% 1.0.1% 1.11% May 1.14% 1.15% 1.12% 1.15% July,, 1.03% 1.03% 1.01% 1.03% CORN— Dec 48% .18% .48 .48% May.... .54' ..i4% .53% .54% J nly,, .50 .50% .55% ,50 O \TB Dec 32% .32% .32% .32% May 38% .38% .2% .38% July 39 .39% • .38 .39 FORK—♦Jan,.,, 15.00 LARD— Jan 8.80 8.80 8.75 8.80 May,, 9.22 9.22 0.15 922 RIH8 — Jan 7.70 780 7.70 777 May,, 8.00 8.10 7.97 8.05 lIVE Ilcc 81% .85 .83% .85 May 91% .91'% .89 .91% •Nominal. CHICAGO CASH GRAIN. CHICAGO, Dec. 9.—Wheat—No. 2 mixed, $1.10%; No. 3 mixed. $1.08; No. 2 northern spring, dark. $1.26; No. 3 northern spring, dark. 51.20. Corn—No. 2 mixed, 49%®49%< ; No. 2 white, 49%c; No. 2 yellow, 49%® 49%c: No. a mixed, 45%"1 48%C; No. 3 white, 4S%'r l9e; No. 3 yellow. 48%®'19c; No. 4 mixed, 4Sc; No. 4 white. 48%49'tc; No. 4 yellow, 4861 is%c. Oats—No. 2 white, 36@4()%c: No. 3 white, 32%@35c; No. 4 white, 32%@33%c. TOLEDO GRAIN PRICE*. TOLEDO. Dec. 9.—AVheat —Cash, $1.20® 1.21%; December, $1.20; May, $1.27%. Corn—Cash, 56®57c. Oats—('ash. BS%fti 49%c. Rye—Cash, 88c. Barley—Cash, 03c. PRIMARY MARKETS. (By Thomson & McKinnon.) —RECEIPTS— Wheat. Corn. Oats. St. Joseph 23.000 49.000 Chicago 28,'XJO 465.000 112.004 AMlwnukoe ~ 4,000 107,001) 49,000 Minneapolis , 614.000 75,000 153,000 Duluth . 205,000 38,000 2,000 St. Louis 72,009 117.000 54,000 Toledo 14,000 6.090 B. OKI Detroit 5,000 B,IKK) Kansas City . 239,000 10 ,000 19.000 Peoria 1,000 161,000 29.009 Omaha 31.099 172,000 42,00) Indianapolis . 5,009 80,000 26,000 Totals 1,234,000 1,435.000 502.009 Year ago .1.185,000 473,009 382.000 —SHIPMENTS— Wheat. Corn. Oats. St. Joseph ... 12,000 36,600 Chicago 46,000 154,600 104,000 Milwaukee 47,000 17,000 Minneapolis .. 01.009 37,009 111,000 Duluth 208,000 St. Louis .... 67,000 28,000 44,000 Toledo 27,0 O I.ODO 2,000 Kansas City .. 174,000 40,000 26,000 Peoria 1,000 61,000 32,00*' Omaha 11,000 78,000 12,000 Indianapolis .. 4,000 49,009 2,099 Totals 001,000 531.000 350,009 Year ago ... 680,00') 270,000 299,000 —CLEARANCES— Wheat. Corn. Oats. Boston 24,000 Philadelphia .. 85,000 80,000 Baltimore 214,0(X) New Orleans . 80,600 Totals 180,000 300,000 Year ago ... 897,000 73,000 INDIANAPOLIS CASH GRAIN. —Dec. fluids for car lots of grain and hay at. the cjjll of the Indianapolis Board of Trade were: AVheat—Steady; No. 2 red. $1.25® 1.20. Corn —Steady; No. 3 white, 51@51%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, 48%@ 49%c. Oats—Steady; No. 2 white, 37@38c; No. 3 white, 85%®30c. Hay—Steady; No. 1 timothy, [email protected]; No. 2 timothy, $10.500717; No. 1 light clover mixed, [email protected]; No. 1 clover, sl9 @2O. —lnspections—* Wheat—Sample, 1 car. Corn —No. 2 white, 2 cars; No. ,7 white, 8 cars; No. 4 white, 11 cars; No. 5 white, 3 cars; No. 0 white, 7 cars; No. 1 yellow, 4 cars: No. 3 yellow, 4 cars; No. 4 yellow, 17 ears; No. 5 yellow. 14 cars; N-. 0 yellow, 10 cars; No. 1 mixed, 1 car; No. 4 mixed, 4 cars; No. 5 mixed, 2 carsf No. 0 mixed, 2 cars; No. 6 mixed, 1 car; sample mixed, 1 ear; total, 89 cars. Oats—No. 2 white, 2 cars; No. 3 white, 5 cars; No. 4 white, 4 ears; total, 11 cars. Hayl—No. 1 clover mixed, 1 car. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1.14 for No. 1 red winter wheat; $1.12 for No. 2 red winter wheat and according to test for No. 3 Oats are quoted at 25c for No. 3 white or better. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered : Hay—Loose timothy, slG@l7; mixed hay, $15@10; baled hay, slo@l7. Oats —Bushel, new, pef bushel, 32@35c. Corn—Old, per bushel. 55@60c. CLEVELAND PRODUCE, CLEVELAND, Dec. 9.—Butter—Extra, in tubs, 51%@52c; prints, 52%@53e; extra firsts, 50%@51e; firsts, 49%@50e: seconds, 41%@42c: packing stock, 28@29e. Eggs—Fresh gathered, northern extras. 01c; extra firsts, 60c; Ohio firsts, new cases, 57c; old cases, 50c; western firsts, new cases. 54c. Poultry—Live, heavy fowls, 24@25c; light, lfl@18c; spring culls, 17<g20e; spring ducks, 25@27c; turkeys, 3S@39c.

SWINE PRICES SHARPLY HIGHER Cattle Values Stage Come-back-—Calves $1 to $1.50 Up. RANGE OF HOG PRICES. Good Good Good Dec. Mixed. Heavy. Light. 1. $6.85@ 7.00 $6.75 $7.15@ 7.25 2. 7:10@ 7.25 7.00 7.25® 7.50 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 9. 7.35® 7.65 7.25 7.65® 7.85 With receipts light at 9,000, a good demand by both local packers with shippers with Eastern house connection and the strike in Chicago probably lending some strength, sw’ine prices were 15@25c higher in trade on the local livestock market today. Local packers established the market, buying heavy* and medium hogs principally. and tiie shippers followed the schedule set by the packers, taking the lighter grades of swine. Practically all of fthe receipts had been sold before the close of the forenoon hours. . But a small portion of the receipts were light swine and eonseuently the: bulk of sales did not reflect the higher prices as would be- expected, the bulk | selling at [email protected]. _ j Light swine generally sold nt s7.o s >wf | 7.75, but there were a number of sales of | that grade of swine at $7.85 and a top |of $7.90. with pigs selling as high as ! $8.23. These later sales, of course, were for feeding purposes. The grades of; j light swine that brought the premiums; were those weighing 170 pounds down to j strictly pig weights. _ I Light mixed swine sold at [email protected], mediums at [email protected] and heavies at; $7.25 generally. ] Roughs were In fair demand at $6.23 and down and stags brought $4.50@6. There was another good cattle market from the standpoint at least of the producer and the commission man. Packers again showed a good demand for practically aIL grades of cattle and this, coupled with The strength that was probably lent by’ the strike in Chicago, sent prices up. A'alues were steady to 50c higher, but tDe bulk of the cattle sold at prices that were fully 25 to 50 cents j higher, while there were spots that were I even higher. Steers were 25 to 50 cents j higher, heifers about the same, cows \ strung to 25 cents higher, bulls strong I and canners and cutters steady to strong, j ! The bulk of (he sales of steers ranged ! |at s7®B, while there were several sales 1 \ of that grade a) $8.50 and $9 and a fair ! > number at $10.50, which was the top for ' the day. j The bulk of the sales of heifers were I made at s6@7, and there were sales at I $7.50 and sß,' with a top of $9 on a few i choice yearlings. I Cows sold generally at $3.75® 4.75. | while there were sales at $3.25 and $5.50, ! with a top of SO. Bulls brought $4(3:4.73 generally, with a ton of $5. Canners and cutters brought $1.50*33.50. AVals and calves were slfi£l.so higher, with V’ceipts light end higher prices in; the East, which created keen competl- j I tions here among the buyers for the' j Eastern markets. j There was an extreme top of sl4 in I choice veals, while the bulk of that grade | brought Sl3. Good veals brought sl2®} ( 12.50. mediums, sll@l2 and other grades $7.50@!10.50. With 460 sheep and lambs on market. sheep were steady to strong and ; lambs strong to 50 cents higher. There; was a top of $10.50 on Western lambs, I whH • native commanded a top of $10.25. The quality of both sheet) and lambs | was generally good. HOGS. Best light hogs. 150 to ISO ibs. average $ 7.75(3; 7.85! Over 3iX) lbs T.oo@ 7.10 j 150 to 300 lbs 7.10®; 7.90 j 1 Sows 5.50® 6.25 j Stags 4.50® 0.00: I Best pigs, under 140 lbs 7.50® 8.25 : ! Top 7.90 Bulk of sales 7 25@ 7.50 j CATTLE. Prime cornfed steers, 1,300 to 1,800 lbs [email protected]! Good to choice steers, 1,200 to 1.3(H) lbs 6.50@ 7.50 | Good to choice steers, 1,100 to to 1,200 lbs 5.75@ 0,75 j Good to choice stors, 1,100 to 1.1000 lbs 5.00® tU73 Common to medium steers, i 800 to 1,000 lbs 5.00® 5.25 Choice yearling steers [email protected] —Heifers and Cows— Good to choice heifers 0.50® 8.00 Medium heifers 5.00® 6.001 Common to medium heifers.. 4.iKEft 600 I Good to choice cows 3.50® 6.00 Fair to medium cows 2.00@ 3.50 J Cutters 1.50® 2.251 Canners 75@ 1.50 i —Bulls— Good to choice butcher bulls 3.50® 5.00; Bologna bulls 3.25® 3.50 ; Light bologna bulls 2.50® 3.00 I | Light to common bulls 2.25® 2.50 j —Calves — I j Choice veals [email protected] ; ; Good veals 11.00®12.90 j ; Medium veals [email protected] | I Lightweight veals 7.<X>® 9.00! ; Common heavyweight veals., 6.00® 7.00 ‘ 1 —Stockers nnd Feeders— Good to choice steers, under 860 ibs 4.50® 4.75 I Medium cows 2.00® 3.301 Good cows 3.50® 4.25 i Good heifers . s.(X>@ 6.50 j Medium to good heifers 4.00® 4!75 | Milkers . ; [email protected] j —Sheep and Lambs— Ewes I.oo® 3.00 ' Bucks 2.00® 2.50 i Choice lambs B.oo® 10.50 j Seconds t 6 50® 8.00 i Buck lambs 6.00® 7.00 ! Culls 4.00@ 6.00;

Other Livestock

CHICAGO. Dee. o.—Hogs—Receipts, 28.000; market active and mostly 25c higher; bulk of sales, $0.80®.7.15; top, $7.15; heavies, si>.ls®'o.9o; mediums, $0,85 @7.15; lights, $7®7.35; light lighis, $7.25 @7.50; heavy packing sows, smooth, $0.25 @3.50: parking sows, rough, [email protected]; pigs, $7.25® 7.50. Cattle—Receipts, 5,000: market active and 15@25c higher. Beef Steers—Choice and prime, [email protected]; medium and good, [email protected]; good and choice, s9® 11.50; common and medium, $5.35®9. Butcher cattle —Heifers, $3.60® 8.75; cows, [email protected]; bulls, [email protected]. Canners and cutters—Cows and heifers, $2.25®3.40; eanner steers, [email protected]: veal calves, $7®9.50; feeder steers, [email protected]; stocker steers. [email protected]; Stocker cows and heifers, $3.15@5. Sheep and lambs—Receipts, 17,000; market steady; good to choice lambs. [email protected]; cull and common lands, $7.75® 10.25; yearling wethers, $7.25®9.75; cull and common ewes, $3.75@ 6; feeder lambs, [email protected]. CLEVELAND, Dec. 9.—Hogs—Receipts, 7,500; market, strong and 15 cents higher generally; heavies, $7®7.50; mixed, $7.50; mediums. [email protected]; lights and pigs, $8; roughs, $5.75; stags, $4.75. Cattle —Receipts, 900; market, strong; ewes, sl@4; choice lambs, $11.50; seconds, $8; culls, ss@o. CLEVELAND, Dee. 9.—Hogs—Receipts, 3,500; market steady; yorkers, SS; mixed and mediums, $7.50; pigs, 8; roughs, $6; stags, sl. Cattle —Receipts, 350; market strong; good to choice steers, $7.50@ 850; good to choice heifers. [email protected]; good to choice cows, $4.50@5; fair to good cows,- s3@4; common cows, $2.50@ 3.50; good to choice hulls. ss@6; milkers and springers, $35@75. Sheep nnd lambs —Receipts, 1,500; market, 50@75c higher; top. $12.75. Calves—Receipts, 300; market 6trong; top, sl2. EAST ST. LOUIS, Dec. 9.—nogs—Receipts, 11,000; market, steady to 10 cents higher; mixed and butchers, [email protected]; good heavies, $7.1(>@7.15; roughs, $3.73® 6: pigs, $7.40®7.50; bulk of sales, $7.10® 7.25, Cattle —Receipts, 2.000; market, steady; native beef steers. sß@9; yearling steers and heifers, [email protected]; cows, $3.23 @5.50; Stockers and feeders. s4@6; calves, $8®8.25; canners nnd cutters, s2@3. Sheep and lambs—Receipts. 500; market, steady; mutton ewes. [email protected]; choice lambs, [email protected]*canners and choppers, [email protected]. EAST BUFFALO, Doc. o.—Receipts, 9 6(H); market, active; yorkers, $8.25® 8.35; pigs. [email protected]; mixed, [email protected]; heavies, $7.65®7.75; roughs, $6.25. Cattle Receipts. 400; market, slow; shipping steers, $S@9; butcher grades, $7.50® 8 50; heifers, [email protected]; bulls, [email protected]; milk cows and springers, s3s® 140, Calves —Receipts. 1.500; market, active; cull to choice, ss® 14. Sheep and ilatnbs—Receipts, 6,000; market, actlre; choice

Weather

The following table shows the state of the weather in other cities at 7 a. m., Dee. 9, as observed' by United States Weather Bureaus: Station Bar. Temp. Weather. Indianapolis, Ind... 30.30 28 Cloudy Atlanta, Ga 30.14 42 Clear I Amarillo, Texas . 30.34 26 Clear J Bismarck, N. D. .. 29.90 30 Clear Boston, Mass 30.00 20 Clear Chicago, 111 30.26 32 Cloudy Cincinnati, Ohio .. 30.30 32 Cloudy Cleveland, Ohio ... 30.20 34 Cloudy Denver, Colo 30.34 28 Clear Dodge City, Kas. . 30.38 10 Clear Helena, Mont 30.32 40 Cloudy Jacksonville, Fla. .. 30.08 52 ltain Kansas City. Mo. .. 30.39 28 Clear Louisville, Ky. ... 30.30 34 * Cloudy Little Ilock, Ark. . 30.28 40 Cloudy 1,08 Angeles, Cal. . 30.22 58 Clear Mobile, Ala 30.10 54 Clear New Orleans, La. .. 30.14 50 Cloudy New York, N. Y. . 30.10 22 Clear Norfolk, Va 30.12 38 Rain Oklahoma City ... 30.38 32 Cloudy Omaha, Neb 30.20 28 Clear Philadelphia, Pa. .. 30.14 20 Clear Pittsburgh, Pa. ... 30.22 32 Cloudy Portland. Ore 30.30 42 Cloudy Rapid City, S. D. . 39.14 49 PtCldy ltoseburg Ore 30.42 88 Cloudy San Antonio, Texas 30.36 34 Clear San Francisco, Cal. 80.30 48 Cloudy St. Louis, Mo. ... 80.30 30 Clear St. Paul, Minn. ... 30.10 20 Cloudy Tampa, Fla 30.00 06 Raiu Washington, I). C. . 30.18 34 Cloudy WEATHER CONDITIONS. Since Thursday morning showers have occurred in the Gulf and South Atlantic States, due to a storm now centered over the Florida Peninsula, while other parts of the country have been*free from precipitation. It is a little colder over most eastern sections, but considerably warmer from the middle plains region northward, and In parts of northern New England and the Lakes region. Frosts occurred las': night in the Valley of California. —WHITE RIVER CONDITIONS— At 7 a. m. today stages in White were as follows: Decker, 15.6, falling ,1. H. ARMINGTON Meteorologist, Weather Bureai. lambs, slß® 13.25: cull to fair. $7.50® 12.50: yearlings. s7® 10; sheep, [email protected]. " PITTSBURGH, Dec. 9 —Hogs—Receipts, 3,600; market, 10@15c lower; prime heavies, $7.40®7.50; heavy yorkers, sß’® 8.15; light yorkers, [email protected]; pigs. [email protected]; roughs, $5.50®6; stags, s4® 4.50; heavy mixed, [email protected]. CattleReceipts, less than 160; market, steady. Calves— Receipts, light; market, steady; veal calves, sl2; heavy and thin calves, ?4@B. Sheep and lambs—Receipts, 1.2(H): market, steady; prime wethers, $5.50®,0; good mixed, $4.75®5.25; fair mixed, $3.50 @4.50; culls and commons, sl@2; choice lambs, sl2. CHICAGO PRODUCE. CHICAGO, Dec. 9—Butter—Receipts, 4.813 tubs; creamery extras. 45c;- firsts, 35@43e; packing stock, 23®25c. Eggs— Receipts, 3.050 cases; current receipts. 53@54c; ordinary receipts, 45®,50c: firsts, 54®58c; checks, 2S@3oe; dirties. 30@ ; *2c. Cheese—Twins, new. 19%c: daisies, 19@ 19%c; young Americas. 20c; longhorns, 20c; bricks, 17®lSe. Live poultry—Turkeys. 18c; chickens. 18c; springs, 21c; roosters. 15e; geese. 21c: ducks. 25c. Potatoes —Receipts. 43 cars; Wisconsin. $1.05® 1.75 per 150-lb. bag; Minnesotas, $1.50® 1.70; Red Rivers, sl.oo® 1.65; Michigans, [email protected].

WHAT YOU SAID THEN . When the boys were “over there” on the battle fields you didn’t specify whether Jew or Gentile, Catholic or Protestant, black or white should minister to their needs. You sent your money over with this message, “Look After All Our Boys.” That is what you should now say to the Community Chest “Here’s my money. Look after ALL of our unfortunate neighborii!” —for inatance: The Dispensary Aid, where 6,916 sick persons were treated last year, draws the line neither on ereed nor color. The Wheeler Rescue Mission gives lodging and meals to hundreds pc unemployed men without a question about faith or race. Likewise do the Charity Organization Society, the Children’s A’d Assocn’ion and others render service without dir> vimination. These are a part of the forty organizations working through the Community Chest that serve all the unfortunate of this city. BE A HOOD NEIGHBOR Subscribe to the Community Chest

x Before you plan your winter tours vlg A* let us explain in detail the advantages of our Financial Secretary Plan. g#o</ investment* Booklet on request. FLETCHER AMERICAN COMPANY Second Floor Fletcher Bank Bldg. INDIANAPOLIS

ERNST & ERNST AUDITS-SYSTEMS TAX SERVICE 751-57 Lemcke Offices in 26 Principal Cities

DOLLAR RAILS SHOW STRENGTH Tone of London Mart Is Still Very Cheerful. Special to Indiana Dally Times and Philadelphia Public Ledger. LONDON, Dec. 9.—Cheerfulness continued today on the stock exchange, where prices were firm all around, notwithstanding the smallness of the turnover. Among the noticeable features was the strength of Mexican eagles. British funds in the gilt edged market hardened considerably, while German 3s advanced on moratorium rumors. French issues eased off. The home rail market marked time, showing virtually no change. Dollar rails were firmer. Canadians Pacifica being quoted at 140%, while foreign rails showed gains in Mexican issues. The industrial market was quiet. Textiles held their own and iron, steel and engineering shares were idle. Mexican Eagles were buoyant, due to the announcement that the embargo had been lifted, shares at one time bringing 4 5-32d. Mining stocks waited further reports from Africa, while some Americans exhibited strength. Bank deposit returns showed Increase in loanable credit. Overnight money was still as low as 2 per cent. Day to day money was quoted at 3 to 3% per cent and fixtures at 3% per cent. Bar silver dropped to 34%d for both spot and forward delivery. —Copyright, 1921, by Public Ledger Company. WHOLESALE FEED PRICES. Ton Cwt. Acme Bran $30.00 $1.55 Acme Feed 30.00 1.5.i Acme Middlings 30.00 1.70 Acme Dairy Feed ...■•• 44.00 2.35 E-Z-Dairy Feed 35.00 1.80 Acme H. & M 32.00 1.65 C O. &B. Chop 28.25 1.45 Acme Stock Feed 28.25 1.45 Acme Farm Feed 32.00 1.65 Cracked Corn 30.00 1.55 Acme Scratch 35.00 1.80 E-Z-Seratch 32.50 1.05 Acme Dry Mash 43.25 3.20 Acme Hog Feed 35.25 1.95 Ground Barley 37.75 1.95 Ground Oats Y.7Q Hcmlick Yellow 29.25 1.55 , Rolled Barley 37.75 1.95 i Ground Oats 32.25 1.70 I Rolled Barley ~.. 37 7o 1.g5 i Cottonseed Meal 48.00 2.45 | Linseed Oil Meal 50.00 2.55 Chick Mash 45.25 2.30 l Tankage 50.50 2.90 I Meat Scraps 80.00 4.50 !D Light Scratch 36 00 1.85 INDIANAPOLIS PRODUCE. Butter —Local dealers are paying 41® 42c per lb. for butter delivered in Indianapolis. _ Eggs—Loss off, 50®03c. Butter—Packing stock. 19@20c. Poultry—Fowls, 16® 2°c’ springs, lS@l9c; corks, 10@12c; stags, 12® 13c; young hen turkeys, 8 ibs. and up 30@35c: young tom turkeys, 12 lbs. and up. 30®35c; old tom turkeys, 27 @3oc; cull thin turkeys not wanted: clucks, 4 lbs. and up. 16@18c; spring ducks, 3 lbs. up, 17e: geese. 10 lbs. nnd 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 are paying 42c per pound for all butterfat delivered ia I Indianapolis.

No Matter Where You May Be Our Financial Secretary PLAN keeps you Fully Informed You need not be tied at home or called home because your financial business matters need attention. U*ider our Financial Secretary Plan we keep you fully informed whether you are in Florida for the winter or in the Orient.