Indianapolis Times, Volume 34, Number 208, Indianapolis, Marion County, 10 January 1922 — Page 10

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PRICE LEVEL HOLDS IN FACE OF UNEASINESS Some Rail Stocks Decline as ! Individual Holdings Are Put on Market. CORN PRODUCTS GAIN Special to Indiana Daily Times and Philadelphia Public Ledger. BY MONITOR. NEW YORK, Jan. 10.—Unsettling Influences again dominated the stock market, while such favorable items as the progress at Cannes and indications o' progress toward economic improvement in Europe were practically ignored. The market was wholly professional and it must be admitted that the general price level showed few changes of a markedly adverse character, nothwithstandlng the uneasiness created by declines in a 1 few issues. There is still a disposition to pay , relatively more attention to such items j as the cut in Pennsylvania crude prices, j or similar minor unfavorable developments, than to such encouraging features as the strength in foreign exchanges, the drop in the call money rate to 3 per cent, or the triumph of the I peace parley iu Ireland, as reflected in j the test vote. The chief trading incidents of the day were furnished by further weakness in Chicago & Northwestern in the face of official reassurances concerning the position of the road, and heavy selling of the Eries which broke to new low levels. The decline in the Erie stocks prompted all sorts of explanations, but it would seem that doubt concerning the fate qf | the $13,000,000 o.f April maturities fur- j nished the leading motive for the sell- | ing. Os course, it is possible that the | dumping overboard of individual holdings may have provided the bulk of the offerings. The selling of Texas Company from Chicago was the feature of the oils. Among the strong points in the market werd corn products nnd marine preferred. *n addition to subsidy prospects tha bulls on this stock revived a rumor regarding the possible purchase of German shipping with the balances to the credit of International Mercantile Marine in Great Britain. One of the striking features of the forHgn exchange market was the advance n Romanoff rubles from .10 to a fraction 'above .14 of a cent. Belief in the possibility of a recognition by the Soviet of the Romaoff obligations is, of course, responsible for the buying.—Copyright, 1922. by Public Ledger Company. WALL STREET GOSSIP BY MONITOR. The stock market was depressed, a contributary cause being President Harding's dinner at the White House Saturday night. That the legislative leaders and the President have decided on the enactment of the soldier bonus bill served to nullify whatever of optimistic sentiment the financial district might have had There was unsettlement in the railroad list, with particular weakness In all of the Erie issues, and in Chicago & Northwestern, all of which made new low records for all time. There _ was selling of the oils and some miscellaneous stocks from Chicago, a further reduction in the price of crude oil was announced, and even the lowest call money rate since Nov. 3, 1919, failed to stimulate buying. Selling of Chicago & Northwestern, which carried the price to 59, was said to represent the liquidation of a block of 10.000 shares held in an estate. The selling apparently in no wise detracts from the favorable statement made by officials of tjie company, but represents he exigencies of an individual case. Firms which have been watching the transactions in the. stock, expressed the opinion that all of the holdings which were to be sold at this particular time had come to market. Officials of the Erie Railroad said today that any talk of a receivership for that company was fiction. It was said that the company will show a surplus for the year, and that no trouble is anticipated in arranging April 1 financing. There was an attempt in some quarters to explain the heavy selling ns recording tax losses, but this argument fell of its own weight when it was suggested that selling of this character would have .proved more profitable at the close of 1920 as a lower tax schedule is in effect now. All the Erie issues were pressed for sale practically to the close. International Mercantile Marine preferred advanced to anew high level on buying said to be by the same operator who was responsible for tha advance last week. The annual report of the company, It is understood, will show earnings of about $7,000,000 or the equivalent of about $lO per share after interest and charges. The company is said to have about $10,000,000 in cash and liquid assets in London, and part of this money, according to a rumor current, will be used to pay part of the $42 of accrued dividends of the preferred stock. In well-informed quarters the advance is declared to be wholly speculative In nature. One movement in the rail list which was overlooked by the rank and file in the Street and which may prove significant was the advance of more than four points in Reading second preferred, and 2% in the first preferred while the common stock was almost stationary. One half of the second preferred outstanding amounting to $42,000,000 of SSO par value shares is convertible into common stock. A reduction of 25c per barrel in the price of Pennsylvania crude oil was responsible for some of the selling of the oil stocks. A number of pools in the low-priced domestic oils are carrying a heavy burden and are finding it difficult to lighten the load. In addition to this it is understood that there were large quantities of oil stocks and loans held by the Chicago banks which recently were taken over, and that the new holders of the loans have thrown them out as collateral. The market literaly was flooded with call money. The renewal rate of 4 per cent was the lowest since September, 1919. Soon after 2 o'clock large offerings at 3 per rent made their appearance, whiw sa the lowest rate recorded since Nov. 3, 1919, when money actually loaned at 2 per cent. Ten days later it soared to 30 per cent. Bankers do not anticipate any such flurry now, but say that the present low rate will not be maintained. Directors of international Nickel Company met and declared the regular quarterly dividend of $1.50 per share on the preferred stock of that company. In well nformed quarters it. is said that future payments will depend on the course of nisiness. Unfilled tonnage figures for the United bates Steel Corporation were to be pubished today. Estimates in the Street enerally have indicated that a decrease if 100,000 tons will be shown, but In uarters familiar with the corporation's (fairs, it was said that practically no liange from the last tonnage figures nade public was probable. National Enamelling nnd Stamping Company made anew low for the present movement on a recurrence of discussion as to the dividend action to be taken by the directors at the meeting next month. It is said that foreign committee petition as well as the depressed business eonlitions in this country injD-o a continuance of the present rate unlikely. United Cigar Stores reports sales for December of $8,309,932, as compared with $5,945.555 for the same month in 1920. For the year total sales were $77,552,491, as compared with $79,628,428 in the previous year.—Copyright, 1922, by Public I„edger Company. UNFILLED STEEL ORDERS. “NEW YORK, Jan. 10.—Tbe United States Steel corporation today reported unfilled orders on its books as of December 31, last, of 4,208,414 tons against 4.250,542 tons on Nov. 30, last, au increase of 17,872 tons. NEW YORK TURPENTINE. NEW YORK, Jan. 10.—Turpentine sold at 91c per gallon In trade on the market here today.

N, Y. Stock Exchange (By Thomson & McKinnon.) —Jan. 10.— Prev. High Low Close Close Allied Chem. ... 58 50 50% 50 Ajax Rubber... 10% 10% 10% 10% Ailis-Chalmers.. 38% 38% 38% 38y s Am. Beet Sug... 34% 32% 33% 34% Am. Bosch Mag. 34'% 34% 34>,2 Am. Car Fdy...142 141 141% 142% Am. Can 32% 32% 32% 33 Am. H. &L. com 12% 12% 12% Am. H. <fc L. pfd. 58% 58% 58% 09% Am. Int. Corp.. 39% 38% 39% 39% Am. Linseed .. 29% 29% 29% 29% Am. Loco 103% 102% 103% 103% Am. Smelt. Ref. 44 43% 43% 43% Am. Sug. Ref... 58 57 57% 57% Am. Sum. Tob.. 34% 34 34 34% Am. Steel Fdy.. 31% 31% 31% 31% Am. Tel. & Te1..115% 115% 115% 115% Am. T0bacc0....131 129% 131 130 Am. Woolen 79% 78% 79% 78% Atlantic Pete 21 21 21 22% Ana. Min. C 0.... 48% 48% 48% 48% Atchison 93% 92 93% 92% Alt. Gulf & W.I. 29% 27% 28% 30% Baldwin L0c0... 94% 92% '.G 94% B. & 0 34 33% 33% 34 Beth. Steel (B). 50% 55% 55% 50% Cal. Pete 44Vi 43% „ 43% 44% Can. Pae. Ry.... 120 119% 120 119% Cent. Leather... 30 29% 29% 30% Chandler Motors 50 49 49% 49% C. & 0 54i/i 54 54 Vi 54% C., M. & St. P... 17% 10% 17% 17% C.M. & St.P.pfd. 30% 29 30% 30% Chi. &N. W 62% 69% 62% 69% C., R. I. & P.... 31 30% 30% 31 Vi C-.R.I.&P.OVrpfd.. 70% 70% 70% 70% C. It. IA- P. 7 % pfd.. 83% 83% 83% 84% Chili Copper.... 10% 15% 15% 15% Chino Copper.. 26% 26% 28% 27 Coca Cola 42% 41% 41;<s 42 Col. F. & Iron 24 24 24 .... Coium. Gas 60% 00 00% 60% Coium. Graph.. 2% 2% 2% 2% Consol. Gas 90% 90% 90% 91% C.C.C. & St. L. o 5 55 oo .... Cosuen Oil 32% 3T% 32_ 32 Corn. Prods.... 94% 93% 94% 94 Crucible Steel.. 03% 62% 02% 04_ Cub. C. Sugar.. 8% 8%. 8% 8% Del. & Lack.... 113% 113% 113% 113% Erie 8% 7% 8% 7% Erie Ist pfd... 12% 11% 12% 11 % Fain. Plays..., 70% 75% 70% 70 Fisk Rub. Cos.. 11% 11% 11% 11% Gen. Asphalt.... 57% 55% 57% 06% Gen. Elec 130% 136% 136% 138% Gen. Motors ... 9% 9 9 9% Goodrich 35% 35% 35% 30 Gt. North, pfd.. 71 70% 71 , 71 Gulf States Stl. 45'% 45 45% 44% Houston Oil .... 71 70% 71 71 Haskell Barker SI Vi 79% 80% 79 Insp. Copper... 38% 38 38% 38% Invincible 0i1... 14% 13% 14% 14 liidianahoma .. 3% 3% 3% 3% Inter. Ilarv. ... Si's SO% 81% 80 Inter. Nickel .. 12 11% 11% 11% Inter. Paper ... 48% 47% 48% 49 Island Oil Trans 2% 2% 2% 2% Kan. Sity Sou... 22% 22% 22% 22Vi Kelly-Spg’fld ... 30 35% 30 30 Kenn. Copper . 20% 25% 20% 2j>"i Lack. Steel .... 45% 44% 45% 40% Lehigh Valley 58 57% 58 57‘/fc Lee Tire 2b% Loft Candy 9% -9% 9% 9 L. & N 110 109% 110 109% May Stores 104 103 104 103% Marine com 15 14% 14% !•_> Marine pfd 68 tiO% 66: 07% Mont.-Ward .... 13 12% 13 13 Mex. Petrol 108% 10%% 108% l<Vi Miami Copper... 20% 26% 20% 20% Middle St. 0i1... 12% 11% 11% 11% Midvale Steel.... 29% 28% 29% 29% Missouri Pae.... 16% 10 18% 10% M. Pae. Ry. pfd. 44% 44 44 44% Nt. En. & Stmp. 32 31 31% 32% N. Y\ Central... 73% 72% 73% 73% New Haven .... 13% 12% 12% 13 Northern Pae.. 74% 74% 74% 74% Pacific 0i1...... 45 44% 44% 44% Pure Oil 34% 34% 31% 35% Pun-Am. Pet.... 49% 49 49% 50% Penn. Ry s 34% 33% 33% 33% People's Gas ... 61 Vi 01 01 60% Pierce-Arrow... 14 13Vi 13% 13% Pierce Oil C 0... 10% 10% 10% 10% Pittsburgh Coal 62% 02% 02% 62% Pressed Stele C. 63 03 63 63 Pull. Pal. Car .109 108 108% 107 Vi Ry. Steel S 94 94 94 94% Ray Copper.... 14% 14% 14% 14% Reading 71% 7tVi 71% 72 Rep. I. & Steel. 52% 51% 51% 52 Keplogle Steel.. 28Vi 27% 28>4 Roy. D. of N. Y. 51% 50% 51 50% Sears-Roebuck.. 03 02% 02% 62% Sinclair 19% 18% 19 19% South, rac. ... 78% 78% 78% 78% South. Ry 17Vi 17>4 17'i 17% Stand, oil C. .. 92% 91% 92% 92% Stand. O. N. J. 171 ' 170 171 170% St. L&SF. Com. 20% 20 20% 20% Strom. Carb. .. 30 30 30 37 Studebaker ... 80% 80 80% 80% Texas C. & O. 23% 23% 23% 23% Texas Cos 42%. 42% 42% 42% Texas & Pae... 25 25 20 25 Tob. Prod. ... 02Vi 01% 62% 63 Trans. OH .... 10 9% 10 9% Union Oil 19 18% 18% 18% Union Pac. ...125% 125 125% 525% United R. S. .52 51% 52 52 U. S. F. P. C. . 9Vs 8% 8% 9% United F. C 0... 121% 120% 121 120% United Drug.... 71% 71':. 71 % U. S. Ind. A 100.. 38% 37% 38% 37% U. S. Rubber... 52% 51% 52 Vs 52% U. S. Steel 82% 92% 92% 93% V. S. Steel pfd..115% 115% 115% 115 Utah Copper.... 02 01% 02 61% Van. Steel 31 30% 31 30% Vir-Car. Chcm.. 2.8 28 28 Wat.. Ist pfd... 19% 19% 19% 19% White Gil 9% 9 9 9% West. Electric.. 50 49 % 49% 49% White Motors.. 37 30 37 37% W-Gverland .... 5% 5% 5% 5% Wilson A C 0.... 28 27% 28 27% j Woolwnrth 139% 139% 139% 340 ! West. Pacific 10 15% 10 15% NEW YORK LIBERTY BONDS. —Jan. 10— Prev. High. Low. Close, close. Liberty 3%5.... 96.80 96.10 90.80 90.20 Liberty Ist 4s 97.40 97.50 Liberty 2d 45.. 97.40 97.12 97.40 97.00 Liberty Ist 4%5.. 97.90 97.62 97.90 97.72 Liberty 2d 4%5.. 97.04 97.10 98.00 97.80 Liberty 3d 4%5.. 98.%; 97.80 98.00 97.80 Liberty 4th 4%5. 97.90 97.44 97.90 97.40 Victory 3%s ....103.10 100.08 100.08 100.08 Victory 4%s ....100.12 100.08 100.10 Ioo.OS NEW YORK SUGARS NEW YORK. .Tan. 10.—Raw sugars were firmer in trade on the market here today. Cubas were quoted at 3.01 c per pound, duty paid, while Porto Ricos sold at 3.42 c per pound, delivered. Refined sugars were firm, fine granulated being quoted at lso@4soc and No. 1 soft at 4.90 c per pound. NEW YORK METAL MARKET. NEW YORK, Jan. 10.—Copper—Quiet; spot, January and February, 12'}%" 13c. Lead -Quiet ; spot. [email protected]; January and February, 4.7034.80 c. Spelter—Quiet spot and January, 4.82%c; February offered, 4.90 c. NEW YORK COFFEE. NEW YORK, Jan. 10.—Coffee values were steady ou the exchange today, opening options being unchanged to 1 point higher. Rio No. 7 ou spot sold at S%c per pound. NEW YORK PETROLEUM. NEW YORK. Jan. 10. Petroleum prices were weaker in .trade on ihe market here today, Pennsylvania crude petroleum being quoted at $3.25 per barrel. DOMESTIC FOWLS GAIN. CALGARY', Alta., Jan. 10.—Domestic fowls in Alberta have increased from 2,500,000 to 425,000,000 iu the last ten years, according to statistics of the Department of Agriculture. This is almost 1,300 per cent and testifies to the rapid agricultural development of the province. PLAN MOBILE LAUNDRIES. NOME, Alaska, Jan. 10.—Announcement has been made that the salvage division of the United States Quartermasters Corps will install mobile laundries at all principle posts in the territory. These laundries will be similar to those used by the American Army in France for delousing purposes. SHOW THIS TO YOUR WIFE. NOTTINGHAM, England, Jan. 10.—Mrs. Smith-Wilkinson, who is called "the best-dressed woman in the world," has 175 gowns, 240 coats, 309 hats and thirtysix pairs of shoes. She is middle-aged and has a young, third husband. ASSASSIN REFUSES AMNESTY. ROME, Jan. 10.—The assassin Dalba, who attempted to kill King Victor Emanuel nine years ago, was granted amnesty l.y the king on Oct. 24. When Dalba was first notified of tb: amnesty decree he refused to leave prison, but after a lapse of two weeks departed. ON FLIVVERS, TOOt PARIS, .Tan. 10.—Owners of motor cars here are attaching the names of their wives or sweethearta to the radiators of their cars.

STOCKS SHOW LATE STRENGTH Leading Issues Make Rallies of Around 1 Point. NEW YORK, Jan. 10.—The stock market closed strong today, nearly all the leading issues moving up about 1 point. Baldwin Locomotive rose 1% points to 94 and United States Steel again touched 82%. General Asphalt _ advanced nearly 2 points 2 points to 57%. Mexican Petroleum rose 1% points to 108%. The railroad stocks also showed a better tone, especially Chicago & Northwestern which moved up 1% points to 62%. Studebaker rallied from 80 to 80%. Crucible Steel was a weak exception, falling 1% points to 62%. Government bonds were unchanged and railway and other bonds steady. Sales of stocks were 468,700 shares; bonds, $27,319,000. (By Thomson & McKinnon) —Jan. 10— We had a few interesting items of market influence today, but none of a character sufficiently important to create any enthusiasm. The steel tonnage sttaement shows practically no change. The slight increase in the booked orders is only s.gniticant to the extent of showing that business has not been getting any worse. In a general wav it may be stated that, in the steel industry it is expected that later in the year conditions will improve. At the moment most interest is centered on the group of steel issues headed bv Midvale, which gossip connects with a‘ proposed merger. From time to time, recently, there has been a wave of activity in these shares, but it is evident that the time is not yet oppoftunt for a real upward move. Speculation in the oil group, whion was the most prominent feature during the fail, has evidently run its course. Recent reductions in the price of crude oil has removed some of the public confidence and there has been a tendency recently to liquidat these stocks during strong market periods. ~ , , . We see no change in the underlying conditions. Confidence has been shaken to a great extent. It will take tune to restore this and we are still a considerable distance from boom conditions m business and it is, therefore, more than likely that Irregularity will continue for a while and we still favor marketing long stocks on the bulges. TWENTY STOCKS AVERAGE. NEW YORK, Jan. 10—Twenty industrial stocks Monday averaged 78.87, off .25 per cent. Twenty active rails averaged 73.43, off .42 per cent. Money and Exchange Indianapolis bank clearings Tuesday were $3.(60.000. Bank debits Tuesday were $5,699,000. NEW YORK, Jan. 10.—The foreign exchange market opened strong here today. Demand -Sterling was %<■ higher at $4.23%.. Francs advanced 9% centimes to 8.32 c for cables and to B.3te for checks. Lire cables were 4.32%e; checks, 4.31 %c! Belgian franc cables were 7 99c; checks, 7.98 c. Marks yielded 1% points to 0057%e. Guilder cables were 36 80c; checks, 30.78 c. Sweden kronen cables were 24.90 c; checks. 24.85 c. NEW YORK CALL MONEY. NEW YOUK, Jan 10.—Money—Call money ruled 3% per cent: high, 3% p-r cent; low, 3 per edit. Time rates easy, all 4% to 4% per cent. Time mercantile paper easy. Sterling exchange was strong with business in bankers’ bills at $1.22% for demand. MOTOR SECURITIES. (By Thomson & McKinnon.) —Jan. 10—Closing Bid. Ask. t Earl Motors 4; *** I Packard com '’"t * Packard pfd bl _ ts> font. Motors com o V Cent. Motors pfd ! Hupp com J, 1 * l 1 * Hupp pfd ••• , Keo Motor Car Elgin Motors * a- '■ Grant Motors * 1* Ford of Canada -■>< Federal Truck 13 10 Paige Motors lg - Republic Truck • 1 - ACTIVE OIL STOCKS. (By Thomson A McKinnon) —Jan. 10— —Opening— Bid. Ask. Anglo-American Oil .30% 17% Borne-Serymscr 320 310 Buckeye Pipe Line M 80 Chee^hrou jib Mfir. *’ons I*o !*•> Continental Oil, Colorado 125 130 Cosden Oil and Gas 0 8 Crescent Pil** Line 28 30 Cumberland Pipe Line 115 !-•> Elk Basin Pete 6% *■% Eureka Pipe Line 70 80 Galena-Signal oil, pref 99 104 Galena-Signal oil, com 4o 42 Illinois Pipe Line 102 10* Indiana Pipe Line 83 S'. Merritt Oil *‘t ' s % Midwest Oil 3 Midwest Rfg l ft > l*o National Transit 28 30 New York Transit 140 14.. Northern Pipe Line 90 95 Ohio Oil 255 264) Oklahoma P. & R >% 0 Penn.-Mex 10 19 Prairie Oil and Gas 020 s<Prairie Pipe Line 220 250 , Sapulpa Refg 3 ,_314 Solar Refining 330 350 i Southern Pipe Line.... 74 75 i South Penn Oil 175 195 | Southwest Penn Pipe Lines... 50 54 ] Standard fill Cos. of Ind 84% St% I Standard Oil Cos. of Kan 550 570 Standard Oil Cos. of Neb 130 170 Standard Oil Cos. of N. Y.... 340 3.41 Standard Oil Cos. of Ohio 480 190 Swan & Finch 40 50 Vacuum Oil 300 210 Washington Oil 30 .k> V NEW YORK CURB MARKET. (By Thomstn & McKinnon) —Jan. 10— -ClosingBid. Ask. Acme Packing 40 00 Curtis Aero, coin 2% 3% Curtis Aero, pfd IS 23 Goldfield con 2 5 Martin Perry 20% 21% Jumbo Extension 3 0 Imperial Oil (Del.) 9% 9% International Petroleum 34% 15 Nipissing 6% 6% Standard Motors 3% 1 Salt Creek 12% 13% Tonopah Extension 1 9 10 1% Tonopah Mining 1% 1% United P S new 1 13 10 1% IT. S. Light and Heat 75 SO IT. S. Light and Heat pfd 1 1% Wright-Martin 2 5 Yukon Gold iMne Cos 1% 1% Jerome 2s 33 New Cornelia 17 18 United Verde 28% 29% Sequoyah 3 7 Omar Oil 77 79 Rep. Tire lo 20 Poston & Mont 82 83 CHICAGO STOCKS. (By Thomson & McKinnon) .—Jan. 10— Open. High. Low. Close. Armour pfd 91% Armour Leather. 12% Carbide and Car. 44% 44% 41 4t% Libby 0 0 5% 5% Mont.-Ward 12% 13 12% 12% Nat. Leath. (obi) 2% 2% 2% 2%. I’iggl.v Wiggly. 31% 32% 31% 32% Sears-Roebuck.. 02 Stewart-Warner 24% 25 24% 25 Swift & Cos 95% 97 95% 90% Swift Inter ‘22% 22% 21% 22 * Natl. Lea (new) 9 9% 9 9% NEW YORK HIDES. NEW YORK, Jan. 10.—Hide values were firm on the market here today, native steer hides being quoted at 15%e | per pound and branded steer hides at i 15 %c. NEW YORK RICE. NEW YORK, Jan. 10.—Rice values were steady in trade on the market here today, domestic being quoted at 3 7%c per pound. NEW YORK WOOL. NEW YORK, Jan. 10.—Wool prices were steady in trade on the market here today.

INDIANA DAILY TIMES, TUESDAY, JANUARY 10,1922

New Tori: Bonds (By Fletcher American Cos.) —Jan. 10—■ FOREIGN GOVERNMENT BONDS. Bid. Ask. Arg. (unlisted) ss, Sep. 1, ’45 72)4 73% Arg. 7s, Oct., ’23 97% 97% Belgian 6s, Jan. 1, ’25 95% 95% Belgian 7%5, June 1, '45....105% 105% Belgian Bs, Feb. 1, '4l 105 105% Berne Bs, Nov. 1. ’45 100% 107% Brazil Bs, June 1, ’4l 163% 104 Chile Bs, Oct. 1, ’2O 98% 99% Chile Bs, Feb. 1, ’4l 101 101% Chile Bs, Nov. 1, ’4O 100% 100% Christiania Bs, Oct. 1, ’45....106 107 Copenhagen 5%5, July 1, ’44.. 85% 80 Danish Mini. Bs, Feb. 1, ’40..105% 106% Denmark Bs, Oct. 15, '45 107 107% ♦Canadian 5%5, Dec. 1, '22.. 93 % 93% ♦Canadian 5%5, Nov. 1, ’23.. 92% 93% ♦Canadian 5%5, Nov. 1, ’24.. 91% 93% ♦Canadian ss, Dec. 1, ’25.... 90% 91% Canadian ss, April 1, ’26 90 90% Canadian 5%5, Dec. 3, ’27. .. 93 % 94% Canadian 5%5, Aug. 1, '29. .97 % 97% Canadian Os, April 1, ’31.... 95 95% ♦Canadian ss, Oct. 1, ’3l —. 90% 91% Canadian 5%5, Nov. 1, '33.... 94% 90% ♦Canadian 5%5, Nov. 1, ’34.. 92>4 93% Canadian ss, Mcli. 1, '37 94% 95% ♦Canadian 5%5, Dec. 1, '37.. 97 9S‘/i ♦French (Viet.) Bs, C>pt., ’31.. 02% 03% ♦French 4s, Opt., ’43 49% 50% French 7%5. June '4l 94% 94% French Bs. Sept. 15, ’45 99% 100 Jap. (First) 4%5, Feb. 15, '25 87% 87'% jap (Second) 4%5, July 10, ’25 SO% 87 Jap 4s, Jan. 1, ’3l 73% 74 Mexico Bs. Jan. '45 55% 56 Mexico 4s, Jail., '54 4040% Norway Bs, Oct. 1. '4O 108 109 Queensland 7s, Oct. 1, ’41....107 107% Rio de Janeiro Bs, Oct.. '40..101 161 Vi Sao Paulo Bs, Jan. 1, '3O 100% 101 Swedish Os, June 15, ’39.... 94% 95 Swiss B%s, Aug. 1. ’29 95% 96% Swiss Bs, July 1, ’4O 114% 115 U K. 5%5, Nov. 1, '22 1001.4 100% V. K. 5%5, Apg. 1, ’29 99% 99% U. K. 5%5, Fel). 1, '37 97% 97% i Uruguay Bf. Aug. 1, ’4O 103% 104 Zurich Bs, Oct. 15, ’45 106 107 Philippine 5%s 103 105 •Internal loans. CORPORATION BONDS. Bid Ask ; Alum. Cos. of Am. 7s Nov., ’25.100% 100 's Allied Packers (is *>o% #l% Amor. Cot. Oil 0s Sept. 2, '2l 93% 91' 2 Amer. Tel. Os Oct., ’22 100% loo;* Amer. Tel. 0s Feb., ’24 100% 100% Amer. Tel. A Tel. Os, '25 109% 1°9 "* Amer. Thread (ig Dee., ’28.... 99% 100% Amer. Tob. 7s . Nov., "22... .101 101-s Amer. Tob. 7s Nov.. '23 102% 102'% Anaconda (is Jan. '29 97% 9,%. Anaconda 7s Jan., ’2O 101% 102% | Anglu-Ain. Oil 7%s Apr., ’25.102% 13 , Armour 7s July 15, ’3O KMI". 102 ; Atchison Gen. 4s 80% 80% Atlantic Itef. o%s \lcli., ’31... 104 Bell Tel. of Can. 7s Apr., ’25.10(1 100% Bell of Pa. 7s 10s% 1(*8% I Beth. Steel 7s July 15. ’23.... 100% 100% j Big Four Os 9,*% 9" * ! c B. Q. Gen. 4s 86% 80% IC\ P>. Q.—IU. 3%s 78 79 _ j !C. B. Q.—Neb. 4s 93% 93 s iC. B. Q.—Jt 6%8 100% 100% Can. Nor. O’js I**7% l'*'*% ; Can. Nor. 7s 109% 109 - 4 M an. Pac 0s Mch. 2. '2l KG lOO'i I Cent. Arg. Ity. 0s Feb., '27.. 89% 90 4 (’..lt I & I*. 0s Feb., ’22.. 99% 100 ] ! Chic. A N. W. oms 10 i% 107% ! I Chic. AN.W. 7s 105 105%. ! Col. Graph. 8s 35 36 j icon. Gas 7s Dec., "22 100% 101% j I Copper Exp. s.s Feb. 15, ’22..10U 100% Copper Exp. 8s Felt. 15, ’23.. 100% 101 4 Copper Exp. Ms l'eb. 15, '24.-102% 102 q Copper Exp. 8s Feb. 15, ’25..10.'i-s 101% Cuban Am. Sugar 8s 101% 102% Cudahy 7s July 15, ’23 100% 100% Du Pont 7%'S 103% 104% Fed. Sugar (is Nov., '2l 97% 98 Fisk Tire 8s 1"0% Goodrich 7s Apr.. '25 90% IK".# Goodyear Ist Bs, '4l 110% 111% Goodyear Deb. Bs, ’3l 9s % 99% Grand Trunk 0s 100 100yj Grand Trunk t'.%s 102% 103‘j Great Northern 7s I**7% 108 s Grand Trunk 7s 109 10% Gulf Oil 0s July. '23 92% 109% Gulf Oil 7s Feb., '33 102% 105% I Heinz 7s Dec . *3O 103'j 101% ' Hocking Va 1. (is Mch . '21.... 90% 97% ‘ Humble Oil 7s Mch. 10, '23... 100 100 . ' i Inr. R. T. 8s Sept., ’22 74 75 ' Inter. Met. 4%s 11% 12_ ! Interboro 5s 55% 55% I Li. C. Term. 0s Nov. 15, 23.... 99% 100 ' Kelly-Springflcbl 8s 102% 105% Kenn. .or 7s Feb., '30.... 101% 102% L. A X. 7s. '3O 106% 1< ' % Laclede Gas 7s Jan., '29 95% p.% Libbv-MoNetl 7s May, '3l 99 99% Mex.* l’et. K> 99% 1001, Minn., St P. * 8. S. M. 6%5..10l 101% N. Y. Central 7s. 30 105'-, 105 , X. V. Edison %, '4l 10.5% 10',% X. Y. Tel. Ref. os. 'll 102% 102% Nor.. Pac. P. L. 4s 84% 85% Nor l’ae. G. L.. 3s 00% eo% Nor. Pac. Os lOTtfe 100% Pan-Amer. Pet. 7s 90 90-% I* nn. li' -s 104'-5 105 Penn 7s 106% 107 Proctor A G. 7s Mch.. '22 KM) 100% Proctor A G. 7s Mch., 23.. .101% 101% Public Scr. X. J.. 7c Mch.. 22 99% 100% It. J. Reynolds 6* Aug., '2*2..100% 300% Sears Roebuck 7s Oct. 15. '22.. 98 99 Sears It" buck 7s Oct. 15, '23.. 97 97% Seaboard Con. 0s 41% 41% Sinclair 7' -s May 15, "25.... 98% 98% Solvay A l ie Ss Oct.. '27 102% 103% Southern ltv (is Mch., '2'2.... 99% 99% S. W. Beil 'Tel. 7s Apr., "25.100% 100 ■- Stand. Oil (Cel i 7s Jan . '.'It.KG 105% Stand, oil (NY i7s Jan. '25 '31.104% ill) Stand Oil (NY) O' -s Mar,’33 10c.% K)0 T . steel A Tube 75...' 97% 98% St. Paul r D 5%s Dee. 15, '23 98 % 99% St. 1,.-San Fran. P. L. 45.... es% fid St. L. San Fran. Adi. 0s 71% 72% Swift 7s Oct. 15, "25 190% 109% Swift 7s Aug. 15. 'til 101% 102 Texas Cos. 7s Mob. 1, '23 101% 101% Tidewater Oil CV-s 160V* 100% Union Tank Car 7s 103 103% U. s. Rubber 7%s 105% 100% Utah Sec. (is Sept. U*, '22.... 96% '97 Vacuum Oil 7s 105% 106 V, Va. Car Chem. 7%s 91% 91% Western El. 7s Apr., ’25 103% 103% Western Union 6%s 97% 98% Westinghouse 7a May, '31.. • .105% 106 Wilson 7%s 95% 95% Winchester 7%s Offered 99% - j Weather The following table shows the state of the woalher at 7 a. in.. Jail. 10, ns observed by U. S. Weather Bureaus: Station. Bar. Temp. Weath. Indianapolis, Ind... 29. HS 32 Foggy Atlantic 29.92 48 Cloudy Amarillo, Texas.... 29.76 36 Rain Bismarck, X. 1).... 30.12 26 Cloudy Boston, Mass 29.04 36 Clear Chicago, 111 29.84 38 Clear Cincinnati, 0hi0... 29.92 34 Cloudy Cleveland, 0hi0.... 29.90 3'2 Clear Denver, Colo 30.16 26 Clear Dodge City. Kan... 29.80 40 Cloudy Helena, Mont 30.20 34 Cloudy Jacksonville, Fla... 29.96 52 Cloudy Kansas City. M 0... 29.74 34 I’tC'bly Louisville, Ivv 29.92 36 Foggy Little Rock, Ark... 29.64 46 Rain Los Angeles, Cal... 30.20 48 Clear Mobile, Ala 29.76# 56 Rain New Orleans. La... 29.06 60 Clear New York. N. Y... 29.78 38 Clear Norfolk, Va 29.88 38 I’lCbly Oklahoma City 29.60 44 Cloudy Omaha, Neb 29.82 26 Clear Philadelphia. Pa... 29.84 4(1 Clear Pittsburgh, Pa 29.92 34 Clear Portland, Ore 30.58 40 Cloudy Rapid City. S. D.. 30.14 34 Cloudy Roscburg, 0re....'. 30.54 40 Cloudy San Antonio, Tex.. 29.78 50 Clear San Francisco, Cal. 30.32 42 Foggy St. Louis, Mo 29.82 32 Cloudy Bt. Paul, Minn 29.88 24 Cloudy Tampa, Fla 29.92 04 Cloudy Washington, D. C.. 29.84 42 Clear WEATHER CONDITIONS. Since Monday morning rains have fallen In the Best Gulf States, due to a disturbanee that has advanced to that region from the Ear Southwest. Light snow flurries have fallen in scattered areas in the Northern States, but elsewhere throughout the country the weather has been generally fair. The changes in lemj perature over most of the country have i not been decided, but it is somewhat colder from the ,upper Mississippi Valley northwestward, and somewhat warmer over much of western highland region and the Middle and Southern Plains States. At 7 a. m. Monday a snow cover to the depth of 1 to t inches lay over the northern tier of States xvest of the Lakes region, extending thence southward in varying amounts to the middle parts of South Dakota and lowa. INDIANA HIGHWAYS. Travel and some thawing weather have made road surfaces smoother during the past week. Improved highways are in mostly good condition, while nnimprox'ed are fair to poor, being poorer in the southwest portion than elsewhere. J. H. ARMINGTON, I Meteorologist, Weather Bureau.

SWINE VALUES SHOW DECLINES Cattle Prices Generally Steady —Lambs Are Higher. RANGE OF HO i TRICES. Good Good Good Jan. Mixect. Heavy. Light. 2. $7.25 @ 7.60 $7.00® 7.50 sß.oo® 8.25 3. 7.50® 7.75 7.00® 7.50 B.oo® 8.25 4. 7.60® 7.80 7.00® 7.50 B.oo® 8.25 6. 7.75® 8.00 7.60® 7.75 B.oo® 8.25 6. B.oo® 8.25- 7.85® 8.00 8.25® 8.50 7. 8.25® 8.50 7.75® 8.00 8.75® 9.00 9. 8.25® 5.75 B.oo® 8.15 8.75® 9.00 10. 7.75® 8.25 7.25® 7.50 8.25® 8.00 Swine prices were 25 to 50 cents lower in trade on the local live stock exchange today, with receipts around 9,900, large receipts elsewhere and lower price tendencies. Both local packers and shippers were in fair demand for bogs, but the strengthening effect that this might have had ou the market xvas more than offset by weakness elsewhere. The fact that this market has been out of line with other markets of the country also had its influence. Trade was fairly active during the early hours of the forenoon and a fair clearance for the day was anticipated, despite the large receipts. Light swine sold generally at $8.50, although there were a few sales of that grade at $8.75 and rumors of sales at $9, but the buyer at that price could not be ascertained. Mixed and mediums gold at [email protected] and heavies at [email protected]. with a few at $7.75. I‘igs brought $8.25@ 8.75 and roughs $0 and down, while stags were quoted at [email protected]. The bulk_of the sales for the day ranged at $7.75@ 8.25. Trade in cattle was fairly active and prices ruled steady generally, with weak spots in cows anil heifers. Bulls, however, were strong, being again in good demand and the supply being I’jnited. Receipts in cattle for the day ran close to 1.000, while there were but fexv stale cattle held over from the opening market of the week. Calves were steady generally, with receipts around 500, and the demand by shippers with Eastern house connections fair. The quality was generally fair. Sheep were about steady and lambs strong to $2 higher, with receipts close to 1,000, the quality fair to good generally and competition among the buyers keen. There was a top of sl3 on choice lambs. HOGS. Best light hogs, 150 to 180 lbs. average $ 5.25(". S..xl Over 3'Mi lbs 7.2-V" < 150 to 300 lbs 7.501" %>' Sows 5._)0'."; 0 15 Stags 4.50 H 5-.0 Best pics, under 110 lbs 8.2.)(".’ 8.(3 Bulk of sales 7.751*4 8.25 Tops —Uattlr— I’rime cornfed steers, 1,300 to I.SOO lbs 7.25(3 8.50 Good to choice steers, 1,200 to 1,31.0 lbs 3.0U<3 7.00 Good to choice steers, 1,100 to 1,200 lbs 5.50(2 6.00 Good to choice steers. 1,000 to 1,100 lbs 5.90@ 5.50 Common to medium steers, 800 to 1,000 lbs 4.50(2 5.00 —Cows and Heifers— Good to choice heifers 0.50(2 8.00 Medium heifers 4.o<j<2 o-OO Common to medium heifers.. 8.30 ct 500 Good to eh dee cows 3.256 J 5.50 Fair to medium cows l-25s 2.75 Cutters 1.50''4 2.50 Cuuners 70(3 1.75 —Hulls — Good to choice butcher bulls. 3.75(3 525 Bologna bulls 3.25(3 3.75 Light btiiogua bulls 2.75(3 Light to common bulls 2,50(3 2.75 —ealveir— Choice veals 10.50% 11.5(1 Good veals 9.50(219.00 Medium veals 8-00(3 9.50 Lightweight veals * 09 i tUc.i Common to heavyweight veals 5.003 7.00 —Stockers and Feeders— Good to choice steers under MSI lbs 4.50(2 4.75 Medium cows UJw'qi *>.so Good cows 3.59(3 4.25 Good heifers 5.003 6.50 M. diuai t<> good heifers 4.003 4 .5 Milkers 37.00375.00 —Sheep and 1-iunbs — , Ewes ••••■•• 1.003 3.00 Bucks 2.5(13 3.J0 Cood to choice lambs 0.0031V.00 ‘ Seconds 7.5Uf,i 9.00 Uu k lambs C.d*3 * *•> i Cults - i-003 5.00 Other Livestock j CHICAGO, Jan. 10.—Hogs—Receipts, i 61,000; market, tairly active and 15 to 25c ! lower; bulk of sales, $7 2.C37.75; top, ; $8.25; hoavi s, 87.2ikq7.4d; mediums, $7 55 | <"7.7.1; lights, $7.05-"S; light lights, s7.9** | <14*1.15; heavy packing sows, smooth, SO.IO i 30.75: packing sows, rough, $5.55f"0.25; pigs. $835.25. Cattle Receipts, I2.O00; market, steady to weak; beef steers, j choice and prime, $8(".l0; medium and ; good, s7(fi‘.* K); good and choice, ss.ls< i 10; common and medium. $5.75" $.15; ; butcher cattle, heifers. s!'B2s; cows, ; $3.41K"0..'2i; hulls, 5K50.15; runners and j cutters, cows and heifers, $4'"5.25: can mr uteres, 83.253 1.25; veal calves, 9.20; feeder steers, ss'" 0,50; slocker steers, $4.2530.40: stacker cows and in- for*. s3u, 1.75. Sheep and lambs -Receipts, 20,000; market, strong to 2'* higher: choice and prime lambs, $11.59312.50; cull to common, *$93;K); yearling wether. $'.•’"11.23; ewes, S 1.5035: breeding ewes, $23 1.25; feeder lambs, $9.50’" 11.50. CINCINNATI, Jan. 10— nogs— Receipts, 0,000; marker 250 lower generally: | heavies. $7.7538; mixed, ss’nß.2s; mediums. $5.253 8 51); lights and pigs, $9; roughs, $63 f1.23: stags, $4.25. Cattle Receipts, 1.000; market slow, steady generally; bulls strong; caives. $11.30; few, $11.753 12. Sheep nnd latubs Receipts, 200; market strong; ewes, $134.50; bucks, $4; choice lambs, $123,12.50; seconds, $8.50; culls, $530. CLEVELAND, .Tan 10.—Hogs—Reeelpts. 2,5<)0; market KV lower; yorkers, st); mixed and mediums, $8.25; jugs, $9; roughs, $6; slags, sl. Cattle Receipts, 200; market active; good to choice steers, $7,50(9,8.50; good to choice heifers, $5(90; good to choice cows, s4@s; fair to good cows, $.83 1; common COWS, $233; good to choice bulls, $1,503(5.50; milkers and •springers, $35305. Sheep and lambs— Receipts, 2,500; market active; top. sl3. Calves—Receipts, 200; market strong; top, $12.50. EAST BUFFALO, Jan. 10.—Hogs-Re-ceipts, 2,88 o; market, slow; yorkers, $93.' 9.50; mixed, 88.503 9; heavies. 583H.50; roughs, $036.25; stags, $3.50(9 1.50. Cattle Receipts, less than Kk); market, steady. Calves—Receipts, 6,009; market, slow;'cull to choice, $5312.50, Sheep and lambs Receipts, 200: market, active; chi dee lambs, $18313.75; cull to fair, $8 312,75; yearlings, $8311.50; sheep, s3@ EAST ST. LOUIS, Jan. 10. Hogs—Receipts, 18,500; market, steady; mixed and butchers, $7.4037.75: good heavies, $7,403 7.59; roughs. $5,753:5.85; lights. sß.sU'* 8.90: pigs, $7.753 8.10; bulk of sales, $7.40 3 7.85. Cattle —Receipts, 4,500: market, steady; native beef steers, $037; yearling steers and heifers. $6,503)7.50; cows, $3.253T).ri0; Stockers and feeders. $4(9)0.35; calves, $2.50310; canners and cutters, $2.253.3.25. Sheep and lambs—Receipts. 4.000; market, steady; mutton ewes, $5(9; 5.75; good to choice lambs, $10312; eanners and chopi ers, $132. PITTSBURGH, Jan. 10.—Hogs—Receipts, 1,500; market, 25 to 50 cents lower; prime heavies, $7.75(",5; heavy yorkers, $8.9,139% light yorkers, $8,993) 9; pigs, $8.75(99; mediums, $8.9039; r.mghs. $037.75; stags, $33(4.50; heavy mixed, [email protected]. Cattle Receipts, 1,300; market, steady; choice. $8,50(9.9; prime, $83,8.50; good, $7,503,8; tidy butchers, [email protected]; fair, SO3 6.75; common to good fat bulls, $3.5035 90; common to good fat cows, $.”,@5.50; heifers, $4.2536.75; fresh cows and springers, $05380; veal calves, $12.50; heavy and thin calves, $B(9. Sheep and Lambs— Receipts, 350; market, steady; prime wethers, $0.5030.75; good, $5.5030.25; ! fair mixed, [email protected]; choice lambs, j $13.50. CUE VELAS l> T BODICE. CLEVELAND. Jan. 10.—Buther— Extra, in tutis, 40%3 tic; prints, 41%(942c; extra firsts, 39%@10e; firsts, 38%@59c; seconds. 31%@.32c; packing stock, 20@ 23c. Eggs—Fresh gathered, northern extras, 42c; extra firsts, 41c; Ohio firsts, new eases, 38 %c; old cases. 38c; western firsts, new cases, 37c. Poultry—Live, heavy fowls. 29330 c; Spring culls, 23c; spring ducks. 28@30c: turkeys. 40c. Petal oes—Michigan. $2.95 per 150-lb bag; Early Chios, $2.10 per 12fi-lb bag. SweetPotatoes—Jerseys, $1.85%2 per hamper.

GRAIN PRICES CLOSE LOWER Rains in Southwest Chief Factor in Mart Trend. CHICAGO, Jan. 10.—Grain prices were lower on the Chicago Board of Trade today. Trade was small and there was selling by commission bouses, which was influenced by the fact that good rains were had in parts of the dry sections of the Southwest. Provisions were higher. May wheat opened at $1.11%, off Yi c, and closed off 2%e. July wheat opened at $1.00%, off %c, and closed off 2%e. May corn opened at 53%e, off %c, and closed off %c. July corn opened at 57%c, off Vsc, and closed off %e. May oats opened unchanged at 38%c and closed off %c. July oats opened unchanged at 29%c, closing off %c. (By Thomson & McKinnon.) —Jan. 10.— Wheat —Good soaking rains over parts of the Southwest where needed have left the market entirely dependent upon computations supposed to sh ixv an ultimate scarcity for support. The extreme dullness in export, milling and investment circles, which has been so pronounced, is still in evidence and seems to have tired out some previous holders. This is the inevitable result of an excess of supplies in sight at the moment. It is expected that the grain corporation xvill take around 1,000,000 bushels of seed wheat for shipment to Russia, but outside of this, there is no export business, in fact, a small amount of Gulf wheat was reported cancelled. Cables quote Argentine wheat as winters. We remain of our previously expressed opinion that a considerable betterment in either export or milling demand is necessary to prevent the hedging load against the visible supply becoming burdensome. Corn and Oats—The export demand for corn is rather keen, bids at interior points being relatively % cent higher than yesterday, with the demand not entirely supplied. Sales from this market were over 600,000 bushels. It is natural that both corn and oats should experience a little liquidation in sympathy with the action of wheat, but we think both of these markets are displaying independent firmness. Having in mind the probability that the export demand for corn will take care of the movement from the country, if not possibly decrease the visible supply and feeling also that the movement of oats to terminal markets will be made, while the domestic i trade will improve, we see no virtue in j attempting to profit by any decline which is sympathetic with wheat. Provisions —There has been a better general demand in the provision market, prices not being particularly responsive as some realizing sales were encountered. The hog market closed strong, with the early loss regained and estimated receipts are disappointing. CHICAGO GRAIN TABLE. —Jan. 10— WHEAT— Open. High. Low. Close. May 1.11*4 Lll% 1.08% 1.09 Jul v 1.00% 1.00% .98 .98% CORN— May 53% .53% .32% .52% Julv.... .51% .54 % .54 % .514 OATS— May 38% .38% .37% .37% July.... .394$ .39% .38% .38 (g PORK—•Jan 13.40 LA It D—•Jail 8.90 May 9.20 9.25 9.17 9.22 RIBS - Jan 8 00 8.02 8.00 8.02 May 8.10 8.12 8.07 8.12 RYE— May 81% .84% .81*® .81% •July .76 •Nominal. CHICAGO CASH GRAIN. CHICAGO. Jan. 10.—Wheat—No. 2 red, $1.15% ; N". 1 hard winter, sl.ll*- 4 . Corn No. 2 mixed, 4'*34**%c: No. 2 yellow, 4s%@4oe; No. 3 mixed, 47347 -c; No. 3 white, 47@ 17%’ ; No. 3 yellow, 47*• f. 47 v: No. 4 mixed, 40340%, ; No. 4 white 103:40%e; No. 4 yellow, -4<>q< I.V. tints No. 2 white, 50%(.i 37%c: No. 5 white, 3.: 4335 c; No. 4 white, J3@34c. TAOLEDO GRAIN PRICES. TOLEDO, Jan. 10.—Wheat—Cash, $1.15 (q 1.18; May. $1.19; July. $1.04%. Corn —Cash. 023.5. V. Oats (’ash, 39%3i1%c. Rye—Cash, 82e. Barley—Cash, 02c. PRIMARY MARKETS. (By Thomson & McKinnon.) ■—Receipts——Tan. 10— Wheat Corn Oats Sr Joseph.... 22,000 28.000 2.000 Milwaukee .. 1.000 135.000 93,000 Minneapolis . 208.000 71,000 24.0v)0 Duluth ...... 27.000 40.0(H) 28,000 ! Sc. Louis 20.000 217.000 56.0'h) Toledo 8,00 38,000 14.000 , Detroit 11,000 28,000 14.000 j Kansas City.. 120,000 35.00® 22.000 ■ Peoria 20.060 126,000 40.000 Omaha 10.000 101,000 16,'HH* Indianapolis.. 8,000 104,000 130,000 Totals 470,000 1.701,000 630.000 Year ago... S'js.ooo 1.550,000 689,000 Shipments— Wheat Corn Oats Bt. Joseph.... 5,000 18,0(K) 4,000 Chicago 41JHH) 494.000 82,000 Milwaukee ... 3.iHhl 103.900 37.000 Minneapolis . 90.000 62,000 141.000 Duluth 7.000 St. Louis 98,000 49.000 45,000 Toledo 4.(Hiy noon Detroit 7,000 Kansas City.. 197,(KM) 41.000 7,000 Peoria 50,000 23.000 Omaha 17,000 35.000 34,000 j Indianapolis 25,000 14,000 i Totals 462,000 822.000 387.000 j Year ago... 634,000 610,000 433,000 —Clearances— IV heat Corn : New York 3,000 9,090 : Philadelphia 73.000 ! New Orleans 112.000 129,000 Totals 115,000 211.000 Y'ear ago 202,000 ...... INDIANAPOLIS CASH GRAIN. —Jan. 10Bids for car lots of grain and hay at (lie call of tbe Indianapolis Board of Trade were: Corn—Steady to firm; No. 3 white, 48% 350% e; No. 4 white, 48% 349%c; No. 3 yellow. 4S I i’ii 49%c ; No. 4 yellow, 47% 34.8%c; No. 3 mixed, 47%315%c; No. 4 mixed, 46%3)47%e. Oats —Steady; No. 2 white, 35%339%c; No 3 white, 36%338%c. Hay—Steady; No. 1 timothy, $17.50® IS: No. 2 timothy, $17317.50; No. 1 light clover mixed, $16.50317; No. 1 clover, sl9 ("20. —lnspections Wheat—No. 2 red, 1 car: No. 3 red, 1 car: sample, 1 car; total, 1 cars. Corn—No. 3 white, 1 car; No. 4 white, 7 cars; No. 3 yellow, 2 cars; No. 4 yellow, 15 cars: No. 5 yellow. 11 cars; sample yellow, 12 cars; No. 3 mixed, 2 cars; No. 4 mixed, 2 ears; No. 4 mixed. 8 cars; No. 5 mixed. 3 cars; No. 6 mixed, 1 car; total, 62 cars. Oats—No. 2 white. 1 car; No. 3 white, 5 cars; .No. 4 white, 2 cars; sample white! 1 car; total. 9 cars. Rye—No. 3, 1 car; sample, 1 car; total. 2 cars. Hay—N”. 1 timothy, 1 car; no grade, 1. car; total, 2 cars. nAT MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered : Hay-Loose timothy, $16.00@17 ; mixed hay, $15310; baled hay, sl7@lß. Oats—Bushel, new, per bushel, 32@35c. Corn—Old, per bushel. fi4S£6oc. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today were paying $1.14 per bushed for No. 1 red winter wheat; $1.12 for No. 2 red winter and according to test for No. 3 red winter. Oats were quoted at 27c per bushel for No. 3 white or better. INDIANAPOLIS PRODUCE. Eggs—Loss off, 35336 c. Butter—Packing stock, 15317 c. Poultry—Fowls, 163 23c; springs, 19323 c; cocks, 11312 c; stags. 133.15 c; capons, 7 lbs. and up, 33c; capons, under 7 lbs., 20c; capon slips, 7 lbs. and up, 27c; capon slips, under 7 ibs., 23c; young hen turks, S lbs. and up. 39c; voting tom turks, ‘2 lbs. and up. 38339 c; old tom turks, 31@32c; cull thin utrkeys not wanted; ducks. 4 lbs. and up, 163.19 c; 10 lbs. and tip, 14@j6c; spuabs, 11 lbs. to dozen. $6; young geineas, 2-ll>. size, per’ doz., $737.50; old guineas, per doz., $4 34.50. Butter —Local dealers are paying 383 39c per lb. for butter delivered in Indianapolis. Buter Fat—Local dealers are paying 35c per lb. for butter fat delivered in Indianapolis.

Local Stock Exchange —Jan. 10— STOCKS. Bid. Ask. Ind. Ry. & Light com 60 ... Ind. Ry. & Light pfd 75 Indpls. & S. E. pfd 60 Indpls. & N. W. pfd 60 Indpls. St. Ry 40 46 T. H„ T. & L. pfd T. H., i. & E. com 5 T. H., X. & E. pfd ... 12 U. T. of Ind. com ... U. T. of ind. Ist pfd 7 U. T. of Ind. 2d pfd 2 Advance-Rumely com Advance-Rumely pfd ... Am. Creos.oting pfd 92% ... Am. Central Life 175 Belt. R. It. com 68 76 ♦Belt R. It. pfd 48 Century Bldg. Cos. pfd 92 , Citizens Gas Cos 25% 27% Dodge Mfg. Cos. pfd $8 ♦Home Brewing 43 Ind. Hotel con 65 ♦lnd Hotel pfd 96 Indpls. Nat. Ins. Cos 3% ... Ind. Title Guarantee C 0.... 45 66 J Ind. Pipe Lines SI 87 Indpls. Abattoir pfd 41 50 ♦lndpls Gas 45 Indpls. Tel. com 2 Indpls. Tel. pfd 90 Mer. Pub. Util, rfd 48% 50 Natl. Motor Car Cos 1% 3% Pub. Sav. Ins. Cos 4*4 ••• Rauh Fertilizer pfd 43% ... Standard Oil of -Indiana.... 84% 86% Sterling Fire Ins. Cos 7 8 Van Camp Hdw. pfd 100 Van Cauip Packing pfd 100 Van Camp Prod. Ist pfd 100 Van Camp Trod. 2d pfd .... ... 100 Vandalia Coal Cos. com 3% Vandalia Coal Cos. pfd 4 10 Wabash Ry. pfd 18 BONDS. Broad Ripple Ds 55 05 Citizens st. Ry. 5s 55 00 Indian Ck. OoAl and Mine 100 ind. Coke & Gas 6s 82 89 Indpls. C. & S. 5s 91 Indpls. &. Martinsville 55.... 56% ... Indpls. North 5s 37 42 indpls. & N. W. 3s 49% 54 Indpls. & S. E. 5s 54 Indpls. S. Jt E. 0s 75 Indpls. St. Ity. 4s 55 60 Indpls. T. & T. 5s 76 79 T. 11., I. & E. 5s 50 U. T. of Ind. 6s 45 52% Citizens Gas 5s 82% 92 Indpls. Gas Cos 81% 90 Kokomo M. .t \V. 5s 81% 89 Ind. Hotel Cos :<i w 95 Indpls. L. &H. 5s 81% 90 Indpls. Water Cos. 5s 92% 95 Indpls. Water Cos. 4%s 79 S5 Mer. 11. & L. 55.... 96 yj% New Tei. Ist (is 95 ... New Tel. L. D 5s 94 Sou. Ind. Power 5s BS% •Ex-dividend. Local Curb Market (By Newton Todd) —Jan. 10.— Am. Hominy com 14 20 Central and Coast Oil 2 Choate Oil Coro % 1% Columbia Fire Ins. Cos 6 7% Comet Auto 1 2 Dayton Rubber Units 51 61 Dicforgraph Prod, pfd 42 02 I>. W. Griffith 8 9% Elgin Motor Car 2 3% Federal Fin. Cos. pfd 76 86 ‘ Fed. Fin. Cos., com 121 128 Gt. Sou. Prod. A Kef 5 8 Indiana Rural Credits 50 00 Metro. 5-50 c Stores com 6 9 Metro. 5-50 c Stores pfd 20 27 National Underwriting 3% 5 Rauch A Lang Units 26 36 Rub.-Tex. Units 14% 16% U. S. Automobile Units 68 7$ U. S. Mfg. Cos. Units 150 1)74 BANK STOCKS. Commercial Natl. Bank 71 SI Continental Nat l. Bank l(Ki 116 Indiana Trust Cos 175 190 Indiana Nat 1. Bank 260 270 Merchants Nat l. Bank 28!) Security Trnst Cos 13(1 State Savings and Trust .... 91 98 Wash. Bank and Trust Cos 150 In the Cotton Market NEW YORK, Jan. 10—Small ginning figures for the period bad a stimulating effect on cotton prices at th? opening today nnd the list opened 9 to 17 points higher. Liverpool, Japanese and other foreign ; interests were the best buyers. Selling ! was quite active, mostly from Wall street , and Southern wire houses, ami eventually checked tJie rise so that by the end of the first fifteen minutes quotatiors were off a little from initial levels. Three notices were issued. New Y'ork opening cotton price-,: March, 1.8.40 c; May, 18.02 c; July. 17.49 c; October. 16.72 c. The market was weaker during the afternoon. The close was steady at a net decline of 14 to 50 points. —COTTON REVIEWNEW YORK. Jan. 10—The ginning report published this morning was about i the only item of interest in the market. Its publication was followed by a cover* Ing movement, establishing a moderate gain in prtee. but the bulge merely served the purpose of bringing out profit taking aim a renewal of professional st-lling. The gain was quickly lost and then followed a decline well below yesterday's final figures. Those moves 11 ;> and down may be expected for some time until we have a more definite basis on which to act and to attract anew public interest. 80 far as wo are able to see the preparations for the new crop will have to supply the new incentive and. until then, we can expect nothing more than a trading market with a tendency to market cotton ou the bulges. LIVERPOOL, Jan. 10. —There was a moderate volume of business iu spot cotton at the opening of the market here today. Prices were steady and sales around 8,000 bales. American middlings fair. 12.49d: good middlings, 11.54d; full middlings, 11.44d; middlings, ll.OOd. low, O.'.Hd; good ordinary, 8.39; ordinary, 7.64d. Trade In futures was dull duriug the initial hour. WHOLESALE BEEF PRICES. The following are 1 .nay's wholesale prices for beef cuts „ sold ou the Indianapolis markets of Swift & Cos.: Ribs —No. 1,18 c: No. 2,15 c. Lo'.ns—No. 1, 22c; No. 2,18 c. Rounds—No. 1. 14c; No. 2, 12e. Chucks—No. 1. 9c; No. 2. Bc. Plates —No. 1,8 c: No. 2. Sc. CHICAGO PRODUCE. CHICAGO. Jan. 10.—Butter—Receipts. 11,500 tubs; creamery extras. 32c; firsts, 203:31c; packing stock, 163) 18c. Eggs— Receipts, 5.900 cases; current receipts, 273)28%c; ordinary firsts, 25326 c; firsts, 29%c; checks, 21@22e; dirties, 23324 c. Chocs —Twins (new) 20c; daisies, 203 20%c; Young Americas, 20%e; longhorns, 20%c; bricks, 17c. Live poultry— Turkeys. 35<J; chickens, 26c: springs, 29c; roosters. 17c; geese, 21c: ducks, 29c. Potatoes—Rccolpts, 47 cars: Wisconsin*. $2 3 2.15 per 150-lb. bag; Mlnnesotas, $1.90 32.10; lilahos, $2.35. TOLEDO SEED PRICES. TOLEDO, Jan. 10.—Ctoverseed—Cash nnd January, $13.80; February, 13.75; March. $13.00; April, sl2.9<>. ' Aisike— Cash. $11.80: February. $11.90; March, $12.10 bid. Timothy—Cash and January, j $3.20; February. $3.25; March, $3.30 bid. 1

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I BUY INDIANAPOLIS GAS COMPANY CTAOfif NEWTGN ane> Citizens gas company OI IKm TODD SELL 41S LEiVICKE 3LD3. I VI/1/

CHEAP MONEY LENDS STRENGTH TO STOCK MART Progress in Clearing Political Situation Is Also a Big Factor. DOLLAR RAILS ARE WEAK LONDON. Jan. 10.—The stock market had a cheerful tone yesterday due to favorable influences of the Irish treaty ratification, the progress of the Cannes conference and the cheapness of money. The gilt edged market saw a moderate general advance, while foreign bonds moved upward in response to improved European currencies. . Home rails were firm in price, but showed little dealing. Dollar rat s showed weakness in Canadian Pacifies and foreign rails were dull. Business in all industrial issues was exceedingly slow, but iron, steel and engineering showed some gains. The oil market registered slight changes, Mexican Eagles were 3 9-16, Shells 4% and Royal Dutch 36. The mining market had a sinking tendency in both Africans and Americans. Lombard street still was inundated n a superabundance of loanable credit, with overnight money down to -. Day t<> day money was 3 percent and fixtures 314 per cent. Bar silver rose to 30%il and 35Vt<l for spot and forward. —Copyright, 1922, by Public Ledger Company. Italian Girl Dies for Newfound Love Special to The Times. INDIANA HARBOR, Ind., Jan. 10 Namlno Nunziato, who came from Italy to ved Anthony Tirlizzi, is dead today because of her loyalty to the new love she found in America. Six months ago Anthony and his mother, Mrs. Marie Tirlizzi, sent Namino S6OO to come to the United States. Another sweetheart drove Anthony from her heart and she refused to marry the Tirlizzi youth. Enraged, Anthony's mother shot her three times, it is charged. Anthony refuses to leave her bmr. Booze Party Ends i in Death of Onei Special to The Times. CLINTON, Ind., Jan. 10.—An all night l ooze party in the bachelor quarters ot Pete Massa at Centenary was followed by Massa shooting nnd killing his next door neighbor, John Villa, 31. \ ilia, was shot three times with a revolver and once with a shotgun by his drinkcrazed host. Massa and two other guests fled but the slayer was later found In an old shod near the town by Prosecutor it. E. Guinn. fay War Department to Accept Ford’s Offer WASHINGTON, Jan. 10—Announcement of the acceptance by the War Department of Henry Ford's comprehensive offer for the great Muscle Shoals nitrate project will be made following a conference here the latter part of this week of Secretary of War Weeks and Ford, it was learned today from source* Su close touch with the negotiations.

Opportunity , L Today'! Investment Frankfort, Ind. 5% School Soncl3 ! SI,OOO each Semi-animal coupons Jan. 1 and July 1 { Maturing serially, 515.0C0 each year from 1924 to and including 1938. Exempt from all Federal, Income, State, ; Municipal and Local taxes. 1 S’ I Prices To Yield the \ Investor 41/2% Interset ; Avery good bond. ! ! I Good Investment!. V? I I r I Fieteher American Company tecczi F!*er Fldck-r Acericie Euk tUf. INDIAN AFC LIS *. , Detroit Ljolrtult Scetk BcnJ PRIVATE WIRE TO PRINCIPAL MARKET® j t*. - "

SUGGESTIONS FOR PROFIT How S3OO may rr. trgin a group of selected listed stocks returning a dividend every month in the year. The outlook for Sears-Roebuck. What Penn. R.R. is facing. How to use the lessons of 1921 in making good investments in 1922. These subjects comprehensively treated in our Current Market Review. You may obtain a copy upon application for NT-87. EM FULLER*C9 ESTABLISHED 11*> Members Consolidated Stock Exchange of Sev YbrK 50 Broad St. - New York {CHICAGO - pnTSBHS3 BOSTON - CLEVELAND P2ULADEPKIA - NLLAJOC