Indianapolis Times, Volume 35, Number 197, Indianapolis, Marion County, 31 December 1923 — Page 11

MONDAY, DEC. 31, 1923

K RENTALS a—Houses I £622% X. Olney. 3 room* 512.50 'Bl9 Ketch am, 6 room* §16.00 |146 Geiaendorfl. 5 room* $17.30 {559 E Twenty-Sixth, 3 room* ~..520 00 16 E. St. Clair, 8 room* .. $22.60 864 Roache. 6 room* $25.00 111 W. Twenty-Second. 5 room* ....$25 00 1924 Ruckle. 6 rooms and bath... .$27.50 1332 Fletcher, 6 rooms, modern.... $30.00 830 W. Forty-First„ 4 rooms modern $32.50 1431 E. Vermont. 7 room*, modern ..$43.00 Colored SO3 W. Walnut, 8 rooms $13.50 883 W. Eleventh. 3 rooms $15.00 817 Fowler. 3 room* $15.00 2210 Martin dale, 4 rooms and bath. $25.00 844 N. California, 4 rooms and hith. $.15.00 I. N. RICHIE & SON 710-12 BANKERS TRUST MAIN 0520 ITUi COLLEGE. 4 rooms modern, second floor, water and heat paid: inquire below; $32 per month: garage $4, if desired. COLORED—Broadway, 14221 three rooms, modern, rear; $6; also garage. Circle 0283. ft-AlCOnf, S_ 40i; six-room, modern; line condition; rood furnace. Webster 0590. EeXTER. 2188: four-room double, reasonable; young married couple preferred o—Apmrtmenra MICHIGAN, E„ 2436; new four-flye-room. steam heated. Webster 4283. d —Business Places State Savings & Trust Bldg. 6 E. Market Street * between Pennsylvania and Monument Cireli: ideal location In busy section; two office suites on second and third floors, both facing elevator: very light: overlook Circle. See Mr. Houck. State Savings & Trust Cos. Jl REAL ESTATE FOR SALE b—Houses Will Give Possession at Once on 1856 N. Rural St. Anew home with fire rooms, all modern, an A on long lot with east front, near Brookside Park; $350 cash, terms on balance, i / M. D. JOHNSON. Meyer-Kiser Bank. Lincoln 3341. Res.. Main 7380. WV ESSEX & LUCAS ,rv ATT 310 Kahn Bldg. ([ L. Circle 6600. VUxUJ-* TO LOT OWNERS We wish to keep our organisation occupied and If you have a lot clear, we will [build your home oo it and have it all ready [for you is the spring. Come in and let us ■talk It over, m 12-Room Modem W ln 300 block on N. California St. Suitable for a rooming house or an Institution, fust one-half block north of Military Park. Usmall down payment might be accepted. MR LEE. Main 0891. Evenings, Bexmont 1580. S3OO Cash And $lB per month buys a four-room cottage in 600 block Warren Ave. Has gas. electric lights small garage. OWNER. Webster 4464. Residence and Storeroom 1-jOO block W. Morris, in front of schAolhouse To be sold at a reasonable price. Has 8 living rooms: storeroom. 18x20 Mu-t be sold now. Very easy terms. Call MR. LEE, Main 0891. Evenings. Belmont 1350. SIOO.OO Cash buy* a five-room cottage. 1918 W. Ohio: gas, electric lights, new paint, paper and roof; $2,250. J. G. McCullough 106 N. Delaware Main 1709. Colored Buyers We have several nice cottages which can be bought for small payment down, balance like rent. Dunlop & Holtegel. Realtors 122 E. Market. A Pew Half-acre and three-quarter-acre tracts, .northwest, just off paved road, near Lowry [Nursery Farm; fine location; prices very [reasonable. Call Mr. Weeener. Mam 0792. 1 WASHINGTON BANK AND TRUST CO 530 S. W amian Four-room cottage. 2 lots, fruit tree*, shed, newly painted and reroofed, good condition. Price $2,150. or $1,850 with one lot. S2OO cash. sl9 or sl7 monthly Call Mr. Weesner. Main 0792. Washington bank and trust co 322 S. TEMPLE Neat 4-room cottage, paved street, city water at sink, electric lights, gas, fine location. S3OO cash gives possession. Call Mr. Weesner. Main 0792. Washington bank a trust company. BEAUTIFUL NEW BUNGALOW By owner; strictly modem. 5 rooms, hardwood floors, built-in features, lovely fixtures and bath: east front lot. located on N. Bancroft. Priced reasonable on terms. CASTETTER. Irvington 2803. Irvington 3653 MODERN homes, five to eight rooms, different parts of city: will make terms or take house worth not over $3 500. if clear, as part. THE SOUTHERN LUMBER CO., eighth floor E. of P. B.dg. 6EMI-MODERN. 4-roon. cottage" 413 W. Thirty-Second St. See owner. 3038 Boulevard Place, after 6 p. m. Open for inspection. 3 to 6 fl. m. Saturday and Sunday. Week daya phone Main 6335. TOR" bungalow* or tnree bedroom homes east or south, call C. J. GSBURN, Drexel 6184. $250 CASH buys four-room bungalow. CITY BUILDERS REALTY CO. Wash 4344 12% INVESTMENT, four-room double, new, weet. Owner. Cali Humboldt 2188. d—Lots ATTENTION HOME BUILDERS I will sacrifice my S3BO equity in two lots: each 40x160 for $250 cash; cost $720: ■ituated on Eastern Ave.. between Fortieth and Sutherland Ave. Phone Randolph 1865. Large lot located in drexel garIDENS will trade lor tight touring car 1821 West Ray St. Belmont 1588. LOT in Washington Place Heights; lot No. 198. 60x200 It., S9OO for quick sale. Prexel 0760 WILL take a roof on my house as part payment on good vacant lot or lots. Washlngton 1252. e—Suburban Suburban Five-room bungalow, garage and two extra ground: about three squares traction stop, Lafayette traction; for sale; easy terms, or will trade for city property. Main 0186. Evenings. Stewart 2749 ACRE and half-acre tracts, east and northeast: best location; near good school; $450 up; $lO cash, balance monthly. cooper St Hadley. 838 Lemcke Bldg. Main 2776. Home. Irvington 0512.

-2i REAL ESTATE W ANTED Want to Buy for Cash A Email home near Shelby car line. Call Randolph 4830. 23 FARM LANDS FORTY acres Florida land for S4O down. only sls per acre- $lO monthly. Level, productive, food drainage and markets; in Irish potato and orange grove belt. Write REALTY DEVELOPMENT CO., Palatka, Florida. 25 aMSCKLLAXEOLS FOR SALE a—Coal, Ice and Wood $5.50 PER TON Two Tons 110.75 Clean forked Indiana Lump Indiana egg $3 15 Two tone SIO.OO Try our Hooeier Red Ash. It burns well and holds fire over night. Rooster Red Ash lp..clean fkd $5 85 Hoosier Red Ash egg. clean fkd $3.25 Finest Quality—Correct Weight Guaranteed. Kindling With Each Ton. DELIVERED ANYWHERE IN THE CITT. Union Ice and Coal Cos. | Drexel 4621. Dm el 4621. buy ©ml cheap Island Creek W. Va., $6.75 3 tons, $19.50 This is one of the best coals mined In West Virginia, free from slate, slack, and will not clinker. Ind. or HI. Lump, $5.50 3 tons, sls IF COAL IS NOT AS ADVERTISED RETURN AT OUR EXPENSE JACKSON COAL CO. Uncota 5436. Lincoln 6436.

U MISCELLANEOUS FOR SALB a—Coal, Ice and Wood BUY YOUB Ukl kl OUR SPECIAL REDUCED PRICES We sell the beat coai that money can buy guaranteed and the guarantee is good. Gen. W. Va. Island Creek Ikd. lump, $6.95 Gen. W. Va. Jackson Jumbo fkd. lump $6.95 W. Va. shoveled lump $6.45 W. Va. mine run $5.45 Ind. or 111. egg, fkd $5.15 Ind. or 111. domestic lp., fkd....55.25 Ind. or 111. large lump $5.75 Ind. or 111. mine run $4.20 Ind. or 111. nut and slack $3.40 Gen. Poca.. lp., fkd $9.25 Gen. Poca. lp., shoveled $9.00 Gen. Poca. mine run $6.90 The best grades of Beml-Bmokeless Coals on the market, as follows: These coals are very high In heat and low In ash. Lltwar lp„ fkd $7.50 Mohawk lp., fkd. $7.50 Pocatan lp., fkd $7.50 Ashaway lp.. fkd $7.50 Shoveled lump of the above semi smokeless coals mentioned, $7.25. These prices are subject to a change any day. Order today, as market conditions will not offer these prices long. Give me your order and I’ll get the next one. Prompt Delivery Anywhere In the City. TOM SHROYER Our Phones at Your Service from 7 a. m. to 8 p. m., 6 daya a week. Phones: Lincoln 8361, 8362 Lincoln 8363, 8364 PRICES REDUCED Buy Your Coal Where You Get Finest Quality—Best Prices —Correct Weight and Courteous Service. Try One Ton and Be Convinced. Glendora egg or nut, clean fkd., specially prepared for retort heaters and ranges $5.75 Glendora large lump, fkd $6.75 Best Gen. Poca. lp $8.25 Gen. Poca. M. R $6.75 Smokeless Pocatan Poca., fkd. .$7.75 E. Ky. Blue Diamond lp., fkd...57.25 W. Va. Splint or block, fkd... $7.00 W. Va. egg, Fkd $6.50 W. Va. Lp. (Island Creek), fkd..56.95 E. Ky. egg, fkd $6.50 Linton fourth vein lp., fkd $6.00 111. block, fkd $5.95 Ind. lp., fkd $5.75 IIL or Ind. 2’’ to 6” lp. f fkd $5.40 Ind. egg, fkd $5.25 Baseburner coke $11.50 The BETHEL COAL CO. Drexel 2716. Drexel 2717. GOAL Gen. Pocahont%n. West Va., Indiana Prices Always Rig-ht Try a ton of BLMCO. Large, clean, luxfip $6.75 Ton No Clinkers—No Soot Builders Lumber and Materia! Cos. Webster 2003 Linton Lump $6.00 Brazil Block $6.00 Pocahontas Lump .. .$9.00 W. Va. & Kentucky. .SB.OO Orders Taken Sunday A. M. Between 8:30 and 12 Call lIU mboldt 4421 Ind. and 111. Lump Clean forked $5.25 RED OAK SPECIAL S3 75 LARGE CLEAN FKD. W VA lUMP $7 no POCAHONTAS LUMP P.ED ASH p 75 POCA MINE RUN. RED ASH $7 00 Red Oak Coal Cos. LINCOLN 1863. LINCOLN 1868. The Better Grades Ind. lump, forked $6.00 W. Virginia lump, forked $7.50 E. entucky lump, forked $7.50 Poca. lump SIO.OO Two tons or more, 25c per ton reduction. Vinton Coal Cos. DRexel 3444. "special sale ” Linton No. 4 Fork Lunu>. $5 25 Why not the best? Less ashes, no clinkers. more heat, the favorite for years. The same today. SLACK *3 00 W. VIRGINIA LUMP 57 25 GLENDORA •. 59 35 CRIDER COAL CO., Drexel 6898.

GLENDORA The coal that gives satisfaction MONCRIEF COAL CO State and English Ave. Drexel -2004 DRY kindling, big truck loads" CilF Main 7451 or Drexel 5555. b—Clothing s TO MATCH your coat and vest for a pair of trouseer, eee W. G. Schneider, Tailor 39 W. Ohio St TROUSERS S\ To Match Ha I Your Coat Jij $3.95, $4.95 WK $5.95, $6.95 and up TIIE PANTS STORE CO. 48 West Ohio St., Near Illinois TO CLOSE OUT. to your measure about 150 suit and overcoat patterns, SOO to $75 values; sale prices *44.50 and $40.50. W. G. Schneider, Tailor 39 W. Ohio St c—Household Goods WOOD STOVE. LARGE. SHEET IRON. $2. Gas coal oil burner, oogt $45. sell sls. 1535 Woodlawn Ave. Drexel 1130. HAND or motor powe: ashing machine and wringer, $lO, Irving ton .3063. _ DESK $5. doll buggy $5. kaltex couch, rug $lO lamp, bed, Irvington 0864 _ GA§ RANGE, high oven; good condition; left-hand oven. 2215 Terrace Ave. d—Miscellaneous TYPEWRITERS $25. $35. S4O S6O. $00; factory rebuilt* and fully guaranteed. Typewriters rented, repaired AMERICAN WRITING MACHINE CO. 30 8 Pennsylvania. Lincoln 0822. Etablished 1880, REINARTZ DOUBLE CIRCUIT RADIO SET with batteries, tube* §p<l head phone*. Ilk iog'Sfi m 'e “ D -

30 AUTOMOBILES FOR SALE

TAKE YOUR CHOICE and YOU Name the Dowmi Paymemiit We want to move onr stock of used cars and offer this unusual opportunity so all may have a chance to buy. NO AMOUNT TOO LARGE—NONE TOO SMALL We have nsed cars of many makes and prices. Come in and see for yourself, then tell us how much you want to pay down on the car you select. 1923 FORD TOURING, starter and 1922 FORD TOURING, starter and demountable*; lots of extras. demountable*. 1923 FORD TOURING, starter and 1947 Chalmers TOURING demountable*. 1921 FORD TOURING; starter. 1023 POET TOURING. 1919 FORD TOURING; STARTER. 1924 FORD TON TRUCK 1920 BUICK TOURING. 1020 FORD TOURING. ROGERS & BUTCHER 38116 E. Washington St.

25 MISCELLANEOUS FOR SALE PRINTING presses, one 3x5. one 9x9, one automatic card press and equipment. Priced to sell. Private owner. Webster 0994. CINDERS. SCREENED, right-yard load, contractors' special price. Irvington 2418 R 4, WHEN IN NEED OF CINDERS UR TRANSFERRING, CALL BELMONT 1286. i OLIVER TYPEWRITER No. 5 good as new. 525 243 W Morris 9t e—Musical Instruments VOSE piano, ebony finijh. fine condition: cost $450. Bell for $Ku; term* to respon*iblie party. Humboldt 4529 USED VICTOR PHONOGRAPH $l5O model, cheap, term*. Call Circle 0832. ask fur Mr. Wiiktng. NEW PLAYER PIANO; LIBERAL DTS COUNT; terms to ult; owner leaving city. Webster 0537. USED player piano. Can be had by finishing payment*. Call Circle 0832. Ask tor Mr. Wllking. f—Pet and Live Stock RA;’.BITS—GET A START IN CHECKERING GIANTS. 872 UDELL. RANDOLPH 38X8. AIREDALE, PEDIGREED MALE PUP. Beech Grove 162 R 11. TWO HORSES. KING KOFFEE KO.. 120i [ Cornell Ave. Main 41791 GOOD HORSE, WAGON AND HARNESS. 1924 LAWRENCE St. WEBSTER 1480. *27 Bl SI NESS AXN O l N L EMEN TS Sewing Machine Cleaning and adjusting, fl 50; ail makes. Machines called for and delivered free. Sewing Machine Service Cos.. 930 S. Meridian St i Drexel 2492 PLUMBING WuRK—PAYMENT PLAN Plumbing or heating work done under new plan, small amount down, balance easy monthly payment* Call us hy phone. Humboldt 1789. lor details. Will be pleased to explain plan and give you figure. L. K. Is ley. FURNACE AND STOVE RAISING—j Authorized dealer and service for the I HONEYWELL HEAT REGULATING SYSI TEMS. Reducing coal bill* a specialty. : Weh-ter 2711 CUSTER. ELECTRICAL work, house wiring and fixtures. Call NORTHEASTERN ELECTRIC AND BATTERY SKKt ICE Webster 93n0. i SAFETY RAZOR BLADES Sharpened. TCTTI.EDCE 201 Indiana Are. j FEATHERS bough:, "sold and renovated; feather mattresses and pillows made. E. I F HURKLE. 410 Mass. Main 1428. i PRINTING —500 business can's. $1.25 j other work at cut prices. THOMPSON. Belmont 0326. ____________ 28 si OK Vt.E \M>TKANSFER Packing, Transferring. Storage OTTO J. SUESZ M 2333-3628 Night. Web 0699 Web 4579 MOVE. $4 i .ad Save money Reliable, re ; sponsible furniture mover*. VOGEL TRANSFER CO. St.-rehouse. He! 3429. Red Ball Transit Cos. 20 Monument PI __ Main 4631. 29 BUSINESS OPPORTUNITIES BEAUTY parlor outfit complete, for sale; very reasonable. Randolph 117. Y 30 AUTOMOBII ES FOR SALE b—Gasoline x ’ I REAL BARGAINS Cars a low ai f25 down; e?t*y weekly j or monthly payment* ; MERIDIAN OVERLAND CO. j 957 N. Meridian. Open evening., and Sunday. SSO AND $75 • down, balance $3 weekly buy* a good Ford, Dodge, Bulck. Hudson and others at low priors. Absolutely guaranteed. Open evening aril Sundays INDIANAPOLIS AUTO I PARTS AND TIRE CO., 622 N Capitol Ave.

For Good Used Cars See I. WOLF AUTO CO. 550 So. Capitol. Main 1579 Oprn Sundays. Will take talking machine as part payment on good used car. Lincoln 6865. FORD • oupe. 1022. excellent condition, fleet buy in town: $350: lots of accessories. STONE CHEVROLET CO.. 427 N. MeridSt. OAKLAND. 1020 touring; rennished. like new. $250. $75 down, balance easy terms. MILLER AUTO SALES CO.. 044 40 E Washington St. Ford - touring. 1022: good tires, paint an3 mechanical condition Beet buy in town. $225. STONE CHEVROLET Os. 427 N. Meridian St. FORI). 1023 touring, swwter. demountable, lock wheel, finance ear; sell for balance due; bargain at SSO down. Main 3013 FORD 1020 touring, starter, $ 1 Ao; terms. MILLER AUTO SALES, 044-40 E. Washington. Main 3403. FORDS, three 1023 tourings, roadsters and sedans. Terms. 659 N. Capitol. Open evenings. OVERLAND, 1920 touring; just overhauled, finance car: sell balance due; $45 down. Main 5013. FORD roadster. 1921. starter, demountable, lock wheel; S4O down. Better hurry. Main 5013, FORD SEDAN. FULLY EQUIPPED. CHEAP IF SOLD AT ONCE, Webster 2153. TEMPLARS, span, roaastcr and touring; terms. 559 N. Capitol. Open evenings. BARGAINS In used ears. BIVEN 6 HAYNES. 120 W. North. Lincoln 7575. DEPENDABLE used carZ C. it WALLERICH CO- 833 N. Meridian. CHEVROLET 1918 touring, starter, S4O. 644 E. Washington. Main 3403. 31 \L TOMOHILES VVANTED HIGHEST PRICES PAID We want any make or model. Largest in State INDIANAPOLIS AUTO PARTS AND TIRE CO. 618 N Capitol. Main 2038. OPEN EVENINGS AND SUNDAY. WANTED, 100 CARS to wreck for parts. Will pay the highest cab prices. Call us first. SAM CORAZ AUTO PARTS A TIRE CO. 519 N, Capitol Ave. Main 6389. CALL us before you sell your old ear; no delay gooa prices STATE AUTO PARTS AND TIRE CO. 031 N. Illinois St. Lincoln 1034. AUTOS WANTED WE PAY CASH 1. WOLF AUTO CO. 619 S Dlinole St Main 1579 _ CARS wanted, regardless condition; must have 'em. CITY AUTO PARTS. 411 N. Illinois. Main 6790. AUTOS WANTED—2I2 E. New York Si. Main 4446 32AUTO SLUriTIKS, repairs" USED AUTO PARTS For over 100 makes and model cars at 60 to 75 per cent off list price. Mail orders shipped immediately. EUREKA AUTO PARTS COMPANY. AUTO WASHING Our specialty. 334 N. Illinola. S & 8 Auto Laundry THE MASTER vVLCA#KER£ CUT BATE VULC. Ctjk. INC. 3ST U KOGII ir

THE INDIANAPOLIS TIMES

33 AUTO SUPPLIES, REPAIRS SPRING SERVICE Day and night. Delivery service, road serrlae. Spring "an3 sprfhg leaves Re-arching, retemperlng. Installing, graphlttng. INDIANAPOLIS AUTO SPRING CO. Circle 4886 820 W. Washington. OUT of the high rent district. Harding anU Washington St. Storage by day. week or month. Steam heat Auto repairing. Try us one* and you will call again. L. UPPERT, Manager. Belmont 4200. 37 MONEY TO LOAN MONEY Borrowed of us carries a greater value because we sell you SERVICE Why worry over your bills or obligations when financial aid can be easily and quickly obtained from US. §2O to §3OO JVe loan on PIANOS, FURNITURE, AUTOS, LIVE STOCK, FARM IM PLEMENTS, ETC. We can arrange repayment of loan to suit you Capitol Loam Cos. 11411 Vi E. Washington St. Main 0585. Lincoln 7184, FIRST and second mortgages on Indian* and Indianapolis reel estate R B WILSON 1101 National City Bank Bldg Lincoln 8404 LE(L%L NOTH To Whom It May ConcernNotice Is hereby given that the Probate Court of Marlon County, on the 14th day of November. 1923. by Its Judgment of record in a cause pending therein, numbered 1708. and entitled Lawrence G Adams vs Riston T. Adams et a , revoked and set aside the probate heretofore granted of a certain Instrument in writing as the last will and testament of Joseph H. B. Adams, deceased, and adjudged said instrument so probated as such last will to be Invalid and of no force or effect. Witness the Clerk and seal of said Court this 15th day of December, 1923. I Sea!) ALBERT H. LOSCHE. Clerk. REGINALD H SULLIVAN', Attorney. NOTICE OF APPOINTMENT Notice is hereby given, that the undersigned has duly qualified as administrator of estate of John Tansy, deceased, late of Marion County. Indiana. Said estate 1* supposed to be solvent. BEN‘jrMAN F BALLARD No 21896

Your Dollar Uncle Sam Tells Who Gets It.

GLA^S sl\ // P-Vof id"£< // i u Overhead V Labor I /rtefrj/nf \\ /XlaxM I \\ 55 // Materials © GZS Ralph F Coach, Ukahe.DC. LASS la one of the commonest _l of all commodities. But like ; many other things that we see every day. It la only comparatively recent as a thing of general use. like other makers of things which go Into buildings, glass manufacturers have had one of their best years. Making glass Is skilled work, but materials are a greater factor than labor In Its manufacture, according to data gathered by the United States Government. Out of each dollar which the manufacturer receives, 35 cents goes for materials, 33 cents for labor and 32 cents remains for profit and overhead, including taxes. A 10 per cent Increase In materials would cause an addition of 8.5 cents to each dollar the manufacturer must ask for his product. A 10 per cent wage Increase would add 3.3 cents. Next: Phonographs. TAPSSOUNDED FOR VET Edward Noble Burled at North Vernon. The body of Edward Noble, 90. who died Friday, was taken to North Vernon, Ind., for burial. Funeral services were held at the home, 3017 Sutherland Ave., Sunday night. Mr. Noble lived In Indianapolis twenty-five years. He was born In Wicklow county, Ireland, and came to America In 1849. He was a member of the George A. Chapman poet, G. A. R., and a charter member of the I. O. O. F. at North Vernon. Surviving: Two sons, George W. and Joseph C. Noble, and three daughters, Misses Nina and Katherine Noble, Indianapolis, and Mrs. Wilbur Gannon of North Vernon. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift A Cos.: Ribs—No. 2,30 c: No. 1. 170. Loins—No. 2,26 c: No. 3,18 c. Rounds— No. 2,20 c: No. 8,15 c. Chucks—No. 2, 18c: No. 3,10 c. Plates—No. 2,8 o; No. 3. le. Police Aid Asked Aid of local police has been requested by Mrs. Robert Nay, Rushville, Ind., In search for her son, Marin, 16, who disappeared Tuesday. Mrs. Nay told police that her son Intended to qoto* <u> IndianapoUs.

TAX SALES FAIL TO CHECK LIST’S STEADY ADVANCE Business Developments Over Week-end Are of Con-, structive Nature. The WALL STREET JOURNAL NEW YORK, Dec. 81.—Cash transactions In large volume were the principal feature of the early dealings in the stock market today. These sales represented the belated establishment of losses against 1923 taxes and the fact that the market was generally strong in the face of this Liquidation demonstrated its splendid absorptive powers. The business news over the week-end was constructive with fuither advances in crude prices attracting the most attention. First Hour Stocks gathered strength around 11 a. m. Producers and Refiners and Atlantic Refining featured the oils while the rails were buoyant under leadership of Southern Railway, which sold at a 1923 high of 38%. Chesapeake & Ohio was featured in the standard carrier group while Chicago & Northwestern made the best showing In the rebound from the tax selling which the Northwestern issues experienced. Second Hour Cash sales to establish tax losses again became a depressing Influence In the late morning. But several groups gave indications of having pretty well recovered from the effects of transactions of this character. This was especially true of the shipping shares which rallied under the leadership of Marine preferred and some of the low-priced fertilizers In which class American Agricultural Chemical was the principal feature. Shares of the fertilizer companies are widely distributed. Fourth Hour Efforts to put Steel common to par as part of Wall Street's New Year's celebration Anally proved successful In the fourth hour when a block of five thousand shares changed hands at 100. This development was followed by a burs£ of buying In the whole market In which the Standard mils took a prominent port. C. & O reached new high ground on the curj lent recovery at 71% and Atlantic ! Coast Line about 116. In the oil group new highs were reached by Standard of New Jersey and Producers and Refiners and among the motors by Willys Overland preferred. Twenty active industrial stocks on Saturday averaged 85.23, up .11 per cent. Twenty active rails averaged 80.62, up .52 per cent. Local Bank Clearings Indianapolis bank clearings Monday were $6,124 000 for the month. $36,717 OOO; for the year *1.058.028.000. Bank debits Monday wars *7,069 000; for tbs month, *158.478.000 for the year, $1,878,084,000. New York Money Market By United FtnnnHol NEW YORK. Dee. 81.—Time money, 5 per cent bid, 514 per cent offered. Commercial paper rates, 4 % ® 5 per cent.

Foreign Exchange Bv United Financial NEW YORK Doc. 31.—Foreign exchange opened lower; Sterling, demand. $4 32%: cable*. 4.33 c. Francs. demand, SllHo; cables 6.12 c. Lire, demand. 4 32c: cables, 432 He Belgian, demand. 4.44) Ho; cables. 4 50c. Marks. 4 trillion to the dollar Cxecho, demand. 291 %o: cables, 2.92 c. Swiss demand. 17 46c; cables, 17.4? c. Guilders, demand. 37 98c: cables, 38 Ole. Pesetas, demand. 12 02c: cables, 12 94c. Sweden, demand. 26 40c cables. 20 44c. Norway demand. 14 04c; cables, 14.68 c. Denmark, demand. 17.09 c; cables, 17.73 c. BOND MARKET SHOWS FEW TAX LOSS TRANSACTIONS By United Financial NEW YORK. Dec. 31.—There were & few cash transactions for recording tax losses In the forenoon bond market today. The fourth 4Vi Liberty Issuch advanced to 98.12, up 3 32, first 4%s were up 2-32 at 99.10 and the 344 per cent tax exempt issues rallied 2-82 to 99.6. News of Government munitions sales to Obregon caused a rally in Mexican government 6s of 2% points to 46. Other quotations were; French 7469, 91, off X. Marseilles 6s, 7 4 46, ofT %. Department of the Selns 7s lost 44 at 79*4. Denmark 6s were 93%, up 44: Armour 4445, 8444, up 44; Marland 011 Bs, with warrants, 134, off 1, and Eastern Cuba- 7 44e. 106. up 1. D. & R. G. first and refunding 4s touched 3 9 44. up 144- Hudson & Manhattan Income 6s, 58%, up %. Tractions were Irregular. CURB OILS BENEFITED BY LATE CRUDE ADVANCE By United Financial NEW YORK, Dec. 81.—Curb oils were especially benefited by the 15c advance In eastern crude announced today and Southern Penn. Oil rose three points to 163 with smaller gains by some of the pipe line stocks. Prairie Oil went 9 points higher to 269 and Standard of Ohio 3 to 811. Corn Products new was fractionally higher at 3144. The market retained its firmness through the forenoon, quotations at 11:80 showing: Mountain Products 18%, up 44; Prairie, 269, up 6; Cities Service, 141, off 1; Ohio Oil, 7444. up 4%; Southern Penn. Oil. 175, up 16. # GIRL BANDIT SENTENCED Thelma Clark, 22, Paducah, Ky. t said by police tc have decoyed Alfred IL Volght, 4811 College Ave.. from the Claypool Hotel, to a lonely spot near Casino Gardens, Nov. 28, where he was robbed by her two male companions today pleaded guilty to grand larceny. She was sentenced to one to fourteen years in the Indiana Woman’s Prison. Rudolph Fleenor, 19, and James Harrington, 17, of Louisville, Ky., her companions, were each sentenced to a like term in theHndiana State Reformatory, by Judge James A. Collins.

New York Stocks tßy Thomson A McKinnon! —Dec. 81—

Railroads — At 12:45 l’rev. High. Low. p. m. close. Atchison 96% .... §B% 96% B. St 0 69 ftS 94 69 68% C. & 0 71 70% 71 70 C. & N. W. R. 50% 50% 50% 49% C., R & P.. . 22% 22% 22 Erie Ist pfd.. 30% 29% 30% 29% Gt. No. pfd.. 53 53% 64% 53% Lehigh val,. 59% 59% 59% Mo. Pac. pfd 29% 28% 29% 28 N. Y. Con.. 104% 104% 104% 104 •No. Pacific. 52 51% 52 52% Pennsylvania. 41% 41% 41% 41% Reading ... 77% 77% 77% So. Railway.. 38% 37% 38% 37% So. Pacific... 87 % 87 % 87 % 87 % St. Paul pfd 24% 23% 24 23% Union Pac. . 129% 128% 129% Wabash pfd.. 35% 34% 35% 34% Rubbers— Kolly-Spg ..32% 33% 22% 82 U. 8. Rub... 87% 37% 37% 87% Equipments— Bald. L Loco'J' 125 * 124$ 124% 124% Lima *Looo.? 67% <f<s% 07" l|% Pullman ...122% 122% 122% 123 •West. Elec.- 60% 00% 62 Steels— _ Bethlehem... 54 53% 58% 63% Crucible 67 % ... 87 % 87 Gulf States.. 83% 83 83% 88% Rep Iron St 3 61 % 61 51% 51 U S Steel... 99 % 99 99 % 90 Vanadium.... 30% 30% 30% 30% Motors— Chandler Mo. 66% 66% 68% 67 Gen Motors.. 15 ... 14% 14% Max Mo “A" 49% 48% 49 48% Studebaker . .107 106% 106% 107% Stewart W 90% ... 90% 90% Timken 39 % 39 % 38 % 39 % Wlliys-O. . . . . 10% 10% 10% 10% Oils— Calif Petrol. . 26 % 26 % 28 % 28 Cosden 36 35% 35% 35% Houston Oil.. 71 ... 70 71 Marland Oil.. 39 37% 38 38% •Pan-Am Pete 81% ... 61% 64 •Pn-A Pete B 60 59% 69% 61%

PIES FOR COGS SHADED SLIGHTLY Demand Proves Insufficient to Bolster Values. Ho* Prices Day by Day Deo. 250-300 Tbs. 200 225 lbs. 150-180 lbs. 24. 7 40® 7.50 7.35® 740 7.26® 7.35 28. 7.35® 740 7.30® 7.35 7.25® 7.40 27. 7.25® 7.30 7.20® 7.25 7.15® 7.20 28. 7 30® 7.35 7.25® 7.30 7.25 29. 7.30® 7.35 7.25® 7.30 7.20® 7.25 31. 7.25® 7.3 C 7.20® 7-25 7.15® 7.20 A slight shading of hog prices was noticeable In trading at the local livestock market today as the result of fairly heavy offerings of 10,000, rather light shipping orders and the disposition of packers to follow the precedent of other large buyers In leading market centers In placing lower bids on stock. The market was quotably steady to 5 cents lower, as at least a few hogs sold at steady prices. The top for choice heavies at $7.30, like the bottom for lights at $7.15 was a nickel lower, while medium and mixed hogs at $7.20 to $7.25 were probably steady to 5 cents lower. The bulk of sales was made between $7.20 and $7.25. Pigs were steady at $6.76 down, but sows were weak to 26 cents lower at $6.25 down. Shippers were fairly active In the early market, but their demands were Insufficient to bolster prices, as receipts were large enough to accommodate all orders. The cattle market was rather quiet, but trading was at prices generally steady with last week's close. A fairly light run of 800 cattle was In the yards, but large buyers were present and values held relatively firm. Calf prices again ascended to the sls mark as the result of continued urgent demand from the East and fairly light receipts of 600. The bulk of good calves sold between sl4 and sl4 50. Prices for lambs held steady at sl3 down, while sheep were strong to higher at $7 down. Receipts. 200. Choice llfht* 9 7.150 7 20 Llfht mixed 7.15® 7.20 Medium mixed 7.20® 7.25 Heavyweights 7 25® 7 30 Bulk of sales 7.20® 7 25 Top 7 30 Pig'S 6.25® 6 75 Psckin* sows 5.75® 6.25 —Cattle— Few choice steers slo.oo® 11.25 lYlme corn-fed steer*. 1,000 to 1.800 ibs 9.00® 9.60 Good to choice steers, 1,000 to 1.100 ibs 8.60® 0.00 Good to choice steers. 1.000 to 1,200 lbs 1 7.50® 800 Good to chobte steers 1,000 to 1.700 ibs 8.50® 7.60 Common to medium steers, 800 to 1,000 lbs 5.00® 7.00 —Cow* and Heifers—Good to Usht heifers 5 P OO® 10.00 Good heavyweights 7.25® 9.00 Medium hellers 6.00® 7.25 Common cows 3 oO® 6.00 Fair cows 6 60® 7.50 Cutters 2.75® 3.25 Carmera ~.2s<ui 3.70 —Bulls Fancy butcher bulla 5 5 00® 6.00 Fancy butcher bulls $ 5.00® 6.00 Good to choice butchur bulla. 5.00® 6.50 Bologna bulla 4.25® 4.75 —Calves— Choice veals *3 2 00 2 Good voals 10.00®1e.00 Lightweight real* 7.50® Common veals Z Z’253 Common heavies 6 00® 7.00 Top 16.00 —Sheep and Lambs— Extra choice lambs slo.oo® IAOO Heavy lambs B.oo® 10.00 Cull lambs 6.00® ..00 Good to choice ewes 4.00® 7.00 Culls 2.00® 3.00

Other Livestock CHICAGO, Dee. 31.—Hogs—-Receipts, 70.000; market steady; top, $7.25; bulk. $0 80 @7.20: heavyweight, $7 @7.25: medium, [email protected]: lights, [email protected]; light lights, $0.40 @6.90; heavy packing, smooth, $0.60 @6.76; packing sows, rough, $0.25@ 6.50: killing pigs, $5 [email protected]. Cattle—Receipts, 10.000; generally active; beef steers, yearlings and fat she stock 150 to 25c higher 4* numerous spots 25ci to 40c higher on In between grades matured steers and yearlings; fat steers largely short fed; top matured kinds, $10.05: several loads. $lO @10.50; best yearlings, sll to shippers: demand broad for fat she stock, beef cows and heifers and veal calves; latter kind 20d to 50c higher 44 packers paying up to $12.50; strong and heavy calves show full advance: stockers and feeders comparaUvely scaroo: sales out of first- hands Ann. Sheep —Receipts, 19,000; market active; fat lambs steady; sheep and yearlings slow, asking higher: early bulk fat wooled lambs, $12.76 @13.25: few to outsiders up to $13.40; recently clipped lambs, $11: few cull natives, $10 @10.60; practically no sales sheep and feeding lambs. BAST ST. LOUIS, Dec. 81.—Cattle—Receipts, 4,000; market for beef steers steady to strong; native beef steers, $7.35@8; yearlings and heifers, $9.50 up; cows, $4 @ 5.25; canners snd gutters, [email protected]; calves, $12.00 @l3; stockers and feeders, [email protected]. Hogs—Receipts. 21,000: market steady to 5c higher; heavy, [email protected]; medium. [email protected]; lights. [email protected]; light lights. [email protected]: packing sows, $5.90 @ 6 25; pigs, $5.5000.30; bulk. 50.90@7 25. Bheep—Receipts, LOOO; market steady to strong; ewes, ?I@CAA; canners and cutters, sl@4; wool lambs, pjl @lB. CINCINNATI', Dee. 31.—Cattle — Receipts, 1,500; market, strong; shippers. $7.50 @ 9.25. Calves —Market. $1 higher; extra*. sl4 015. Hogs—Receipts. 4.500; market, steadv to 16c higher; good to choice packers. $7.60. Sheep—Receipts, 100; market steady: extras. $4.600 6.50. Lambs—Market, steady; fair to good, $12.50@13. KANSAS CITY. Dec. 31.—Cattle—Receipts. 11,000; calves, 2,000; few early sales beef steers steady to strong; bulk early Bales. sß@ 9 some held higher; better grades fat cows and heifers strong to 15e higher: mostly s4@o: canners ana cutters slow; bulls 25c higher' bolognas, $4 @4.75: calves. 25@50c higher; best vests, $10.50; stockers and feedrs scarce, steady to strong early sales. $6 0 6.75, Hogs—Receipts, 11,000; lighter weight is shippers 10c higher; 170-800 rsr**ss. 9$ [email protected]; sow butch

IS :45 Pr*T. High. Low. D. m. close. Pro and Ref. 41% 38% 40% 87% Pure Oil 24% 24% 24% 24 Std OH of Cal 63% 63% 68% 63% Std Oil of NJ 40% 40% 40% 40 Sinclair 27% 26% 27% 27 Texas Cos 44% 43% 44 43% Minings— Gt North Ore 29 ... 28% 28% Int Nickel... 13% 13% 13% 13% Coppers— Am. Smelting 58% ... 48% 58% Anaconda 36% ... 38% 36% Kenneeott.... 34 ... 34 83 % Industrials— Allied Chem.. 71% 70% 71 70% Adv Rumely. 10% 10% 10% 10% Amer Can ..104% 106% 104% 104% Amer Wool. . 73 % 72 % 73 % 73 Cooa-Cola ... 77 76% 76% 76% Com and Tab 95% 94% 94% 96 Cont Can... 56 % 66 56 % 66 % Davißon Chm 71% ... 87% 71 Fam Players 71% ... 70% 70% Gen Asphalt 40% ... 40% 40% Int Harvaste* 77 ... 77 77 - Mont Ward.. 24% ... 24% 24 Nat Enamel. 40! 4040 % 40., Bears-Roebk. 86% ... 86% 86% U S C I Pipe 07 67 67% U S Ind Aloo 72% 71 72% 71% Utilities— Am T and T. 125% 125 125% 125 Con Gas ... 61 % 61 % 61 % 61 % People's Gas 98% 97% 98% 97% Shipping— Am Int Corp 24% 23 23% 23% Int M M pfd 30% 29% 30% 29% Foods— Am Sugar... 55% ... 65% 55% Corn Prod .155% 154% 156 165% Cu Cn Su pfd 62 % 61 62% 62 Cu-Am Sug. 33% 33% 33% 83% Tobaccos— Cons Cigar... 21 19% 20% 19% Tob Prod B. 70 69% 69% 69% •Ex dividend.

ers to packers fully steady at $6.90; holding choice heavies up to $7; stock pigs fully steady; bulk, $5.25®5.65. Sheep—Receipts, 5,000; few gales iambs strong to slightly higher: Coiorados. $12.85 some held higher. PITTSBURGH. Dec. 31—Cattle—--650 loads; market steady; choice. 89.75® 10.75; good. [email protected]; fair. $6.25 @7.40; veal calves. $14.50@15. Sheep and lambs —Receipts. 10 dOuble-deoks; market steady; prime wether?. S7.SO@S; good, [email protected]; fair mixed, $5.50 @6.50; lambs, $lO @13.50. Hogs—Receipts. 55 double-decks; market eteadq; prime heavy. [email protected]; mediums, [email protected]; heavy Yorkers, [email protected]; light Yorkers, 25; pigs, $6.75 @7; roughs. $5.50® 6; stags, [email protected].

Produce Markets

INDIANAPOLIS. Dec. 31.—Fresh ergs, loss off. 35c; pariring stock butter, 2,0; springs over 2 ibs.. 180, tpwls, 4% iba. up, 20c fowls under 4% lbs. 17c; Leghorn pountry, 25 per cent discount; cocks, 10c: stags ,12o; capons, 7 lbs. up. 27c; young tom turkeys. 12 ihs. up. 25c: young hen turkeys, 8 lbs. up, 25c; old tom turkeys. 20c: ducks. 4 lbs i7c; geese. 10 lbs up. 17c; squabs, 11 lbs to the dor., $5; young guineas, 1% lba. to dox.. $7; old guineas, doz., s.>; rabbits, drawn. No. 1. dor., $5. Indianapolis creameries are paying 50c per lb. for butterfat. CHICAGO. Dec. 31.—Butter—Receipts, 10,582; < Tea me g extra, 54c: standards, 60c: firsts, 44%@41e; seconds, 43@4.!%c. Eggs —Receipts, 4,236: ordinary firsts, 34®.'16c; firsts. 40c. Cheese—Twins. 21c; Young Americas. 23c. Poultry—Receipts, 8 cars: fowls, 16® 24c; ducks, 23c; geess. 17e; turkeys, 24c; roosters, 13c. Potatoes—Receipts, 663 ears: Wisconsin round whites, $1.25 j. 1.45; Minnesota round white*, $1.25 @1.35; Idaho rural*. $1.50 @I.BO. CLEVELAND. Dec. 31—Butter—Extra in tubs. 58@60c: extra firsts 6'@59; firsts, siifcs7c: packing stock, 33%@35c: standard. 50@53e; Prints, 10 a pound extra. Eggs—Fresh gathered northern extras. 45c; extra firsts, 43c; Ohio firsts, 40c: western firsts, 40c; refrigerated eggs, 28c: refrigrated firsts. 26c. Poultry—Live fat fowls. 24@25c: springers, 23@250: Leghorn fowls, 15® 17c; oid roosters, 14® 15c; geese. 19® -’le; heavy white ducks. 24® 26c; light colored ducks. 20@21e; medium fowls, 22® 13c. turkeys. 81® 33c. Potatoes—M Ichigan round whites. $1.76@2 25; Ohio*. s7@2 25; Minnesota white, branded. $1.36@160; New York. $2 @2 60, all in 150-pound bags. NEW YORK. Dec. 31.—Flour—Dull and unchanged. Pork—Dull. Mess—s24.7s. Lard—Firmer; mid-west spot. $13.45® lit 55. Sugar—Raw. dull. 7.03 c: refined, dull; granulated. 8.70®8.90c. Coffee—Rio sgot, 10% @iO%c Santos No 4, 15® 15 He. Tallow—Firm; special to extra* 7% @Bc. Ray—Dull; No 1. sls; No. 3. sl2® 13; clover, $11.50@12. Dressed poultry— Quiet: turkeys. $22®40: chickens. 17@45c: < apona, 25®45c: fowls. 13@ :19c ducks. Long Island. 20® 30c. Liva poultry— Steady; geese, 20@26c: ducks, 15@28o; fowls, 18@27e' turkeys. 85@38c; roosters, 14c: chickens. 20® 30c; broUers, 35® 40c. Cheese—State skims, choice to specials, 16 @lß%c lower grades. 5® 14c. Butter— Quiet; receipt* 11.403; creamery extra. 55c: special market. 55%@56c: state dairy tubs. 40 u 54c Danish. 63® 54c: Argentine. 41® 48c, Canadian. 50%@52%c. Eggs—Easy: r>veipts, 22.406: nearby whites, fancy, 66® 5?o: nearby state white. s®@s7c: fresh firsts to extras. 42@50c; Pacific coast. 39 @s6c; western whit 3, 44® 57c; nearby browns. 52® 56c.

Indianapolis Stock3 —Dec. 81— Bid. Ask. Am Centra] Life ...........200 ... Am Creosoting Cos pfd ...... 97% ... Belt R R com 70 . Bolt R R pfd 62% .... Century Bklg Cos pfd ........ 98 ... Cities Service Cos com 140% 142% Cities Service Cos pfd 67 69 Citizens Gas Cos com ........ 27 44 30 Citizens Gas Cos pfd 100 ... Indiana Hotel com 100 ... Indiana Hotel pfd .........100 ... Ind Nat Life Cos 8 ... Indiana Pipe Line Cos 86% 88% Inldana Title Guaranty Cos.. 80 90 Indianapolis Abattoir pfd .... 60 Indianapolis Gas 48% 60 indpis A Northwestern pfd.. 35 43 liidpis & Southwestern pfd.. .. 60 Indpis Street Railway 48 Vi 52 Indpis Te! Cos com 1 ... Indpis Tel Cos pfd 90 ... Mer Pub Util Cos pfd 82 Nat Mot Car Cos 1 Cub Savings Ins Cos 13 ... Rvuh Fertilizer pfd 49 ... Standard Oil Cos of Ind 60 % 69 Sterling Fire Ina Cos ...... 9 ... T K I A E com 1 4 T H I & E pfd 8 15 T H T & L Cos pfd 85 93 Union Trac of Ind com 4 Union Trac of Ind Ist pfd. ... 14 24 Union Trao of Ind 2d pfd 7% Van Camp Prod Ist pfd 98 Van Camp Products 2d pfd.. 98 ... Vandaiia Coal Cos com 2 6 Vandalla Coal Cos pfd 8 12 Wabash Ry Cos pfd 34% 80 Wabash R yCo pfd 34 44 86 Bonds Belt RR4STI, May, 1939 79 ~.. Broad Ripple ss. July, 1923. ... 08 Cent Ind Gas ss, Sept., 1931.80 ... Cen Ind Pow Cos 6s, July. 1947 85 ... Citizens Gaa ss, July. 1943.. 84% §5% Citizens Gas 7s ......100 104 Citizens St R 6s. May. 1923. . 79 82% Ind Coke & Gas os. Apr.. 1948 88 9144 Ind Hotel 6s. July, 1931 92% ... Ind Hotel Cos 2d os. drawable 90 % ... Ind Northern 6s ... • Ind Ry & Lt ss, Jan., 1943. . 00 8o Ind Serv Cor ss, Jan.. 1050 ... .... Ind Un Trac 6s. inly, 1930.. 30 ... Indpis Ab Cos 7% s. Sept.. 1031 98% 103 Indpis Col & Sos, Feb.. 1948 90 100 Indpis Gas ss. Oct., 1952. .... 54% 85% Indpis L A H ss, April. 1940 03 00% Indpis & Mart ss, Jan., 1932. . . 60 Indpis North ss. July, 1033.. 40% 60 Indpis Northwestern 43 47 Indpis A 9 E ss, Jan., 1935.. .. 40 Indpis A S E ss, 3an.. 1932 50 Indpis St Ry 4s. Jan.. 1933. .6144 66 Indpis Tr and T 6s Jan., 1933 84 44 87 Indpis On Ry 6s. Jan., 1965., 95 ... Indpis Un Ry 4%5, May. 1920 93 Indpis Wa 5%5. March, 1953 93 97% Indpis Wa 4%5. Jan.. 1940.. 85 ... Inters Pub 9er 6s. April. 1942 87 92 T II I A E 6s, April. 1945.. 00 65 T H T & L 6s, May. 1944.. 80 Sale* Union Traction 6s 61 66 Tank Wagon Prices (Gasoline prices quoted do not Includes State tax of 2c a gallon.) f GASOLINE —Energee, 18c k gallon; Purol. 12.20: Red Crown. 12.2c' Target. 12.2 c; Silver Flash, 10c; Standollnd aviation, 10.08 c. KEROSENE —OrystaJine. 10.70 c: Moore Light, 15c: Perfection. 10.75 c. NAPTHA—Lion Power cleaner*, 25.1 e V M. &P, 22.1 c, Standollnd cleaners. 22.6 c. In the Cotton Market Btl United Financial NEW YORK. Dec. 31.—The cotton market opened lower: January. 34.85 c. oft 10 points; March, 85.280, off 8 points; May 35.40 c, oft 10 points: July. 84.550. off 5 points. Raw Sugar Market. Bji United Financial t NEW YORK, Dec. 31.—Raw sugi,,. mar ket opened steady: JanuftW. 5 [email protected]; March. 4 370 4.380, May. [email protected].

GRAINS STRONG TO HIGHERAT START Upturn In Liverpool Reflects In Wheat Trading. Bv Vnitei Financial CHICAGO, Deo. 31.—Grain* t*Lrtd ■tronf and higher on the Board at Trade today. A sharp upturn In Liverpool reflected In initial wheat trading and prices went up fractionally. Buying was also induced by visitation of a cold wave over the Southwest where many fields lack snow covering. December led corn In the initial upturn despite deliveries of 946,000 bushels. A considerable load of these deliveries was thrown on the market later and a moderate reoession occurred. Deferred months maintained most of them early gains, however, with replacement orders. Oats held opening gains despite weakness in other grains, this strength being attributed to more speculative interest and light receplts. Most of the early trade In provisions was confined to lard on a slightly higher basis. Chicago Grain Table r \ At 11:45—Deo. 31 WHEAT— XTer. Open. High. Low. Close, close. Dec... 1.02% 1.03% X. 02% 1.02% 1.02% May.. 1.08 1.08% 1.07% 1.07% 1.07% 1.07% 1.07% July.. 1.06% 1.06% 108% 1.06% 1.00% 1.06% CORN— Dec... .71% .71% .69% KO% .70% .71 .70% May.. .74% .74% .74 .74% .74% .74% .74% July.. .75% .75% .75% .75% .75% .75 % .73 % OATS - Dec... .43% .43% .42% .42% AS May.. .45% .45% .45% .45% ,45% July.. .43% .43% 43 .43% CHICAGO. Deo. 81.- —Primary receipts: Wheat, 894.000; 00m. 1,429 000; oats. 613.000; holiday. Shipments—Wheat, 441,000; com, 025,000; oats, 547,000; holiday. CHICAGO, Deo. 31.—Car lot receipt*; Wheat, 7; corn. 195: oats, 58; rye, 3. Grain Briefs CHICAGO, Dec. 31.—There will be no session on the Chicago Board New Year's day. Winter wheat acreage In Illinois has beery reduced 000.000 acres, according to the Dec. 1 report of the Federal statistic* bureau. Several strong commission houses advise purchase of July wheat in Winnipeg egalnst sales in Chicago. Considerable of this business has been done. It 1* expected a bill will be Introduced In Congress alter the holidavs providing a Government tax on every bushel of wheat sold by the farmer, the fund accumulated to be used to buy up our surplus stocks for sale to foreigners at a loss il necessary. This, it is believed, would place the country on a domestic baisis and force up prices here.. A strong bullish undercurrent 1* working in oats, but it is regarded as a little too early to expect any decided advance. Wheat will back and fill for a few days. Conditions are against any permanent up- • turn now Local Wagon Wheat Local mills and elevators are paying $1 for No. 2 red wheat.

Business News

NEW YORK. Deo. 81.—Leaders In the field of business and banking In the United States are looking forward to a prosperous year In 1924. Forecasts for next year s trade, prepared by some of the leading Industrial and financial executives of the country, generally breathe the spirit of optimism. Opinion among them virtually Is that the adoption of Secretary Mellon's tax reduction program would be a great stimulus to business and Industrial activity. Wb.ile it is admitted that the unsettled Euro-oe->n economic situation has an adverse effect on shipping and ihe copper and wheat u avis it is generally agreed that it does not control domestic busines prosperity. There is nothing in sight to cause apprehension for the near future. In the opinion. 1 of B. H. Gary, chairman of the board of directors of the United States Steol Corporation Next jre->e he said, should bes better year than 1923. WASHINGTON—The year 1928 wa* one of conservative progress throughout the natlon. it is shown In the annual review of economic conditions issued by the Federal' Reserve Board. Production was greater, expenditures were greater and the savings of the people were greater than in 1022, the review shows, and the nation's financial nnd industrial position at the beginning of the neaw year ia said to be favorable for a Continuation of prosperity. The board call* attention to the fact that during 1923 financial and Industrial operations, taken as a whole, established new records, and that this was accomplished without eviden-’e of severe credit strain, wide-spread speculative activities or dangerous price Inflation. NEW YOFK—One of the highest authorities In the steel Industry, a man who has always been known for his conservatism because he keeps his finger on the pulse of the industry, has expressed himself optimistically regarding the future, especially tho first six months of the new year. This is the first time this authority has ventured an opinion on the outlook, and it Is therefore significant. He states that there is enough business In sight to assure moderate prosperity for the entire Industry providing the officials of the various companies “hold their heads” for a while and wait for the orders to coma to them. He considers that an average of 75 to 80 per cent of operations for the first half of the new year will be entirely satisfactory ind will prove profitable for the leading companies. Cloverseed Market Local dealers are paying slo@l3 ft bushel for cloverseed.

Oilin’ Fui iiiffifY' f ’ ' Filin!- C.tSn.itG. mvm s u'is him S' ' ; Mun i'^

Oil Situation Being Rapidly Adjusted Improved outlook for th* Oil Industry emphasises the importance of dependable information regarding: oil Issues. Cosden. Mexican Seaboard, Mftrland, Sinclair, Texas Cos., Transcontinental. Important data on the above companies contained In the current Issue of our service publication. Request Booklet O. S. NO OBLIGATION (No Promotions) F. H. McNULTY & CO. Ground Floor 171 Quincy Street Phone Wabash 8147 New York Chicago • Pittsburgh

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