Indianapolis Times, Volume 36, Number 207, Indianapolis, Marion County, 8 January 1925 — Page 11

ii±u±£>Sl)AY, JAJS. 8, 1925

LEADING INDUSTRIAL STOCKS RISE

ftort of Steel Expansion Creates Strong Undertone, Average Stock Prices Average price of twenty industrial stock* Wednesday was 121.18. up .05. Average price of twenty rails was 100.85. tiD .08. Average price of forty bonds was 90.68. off .06. 3v United Preia NEW YORK, Jan. 8. —Preparations by the United States Steel Corporation to expand its operations to 89 per cent next week, compared With 85 this week, demonstrated that expansion of business was still setting a rapid pace and stocks display'd a strong tone in early dealings today. Steel, Baldwin, General Electric and other leading industrials scored advances on initial transactions while the general level of prices was higher throughout the list, although there was some irregularity outside the leading industrials. Demand for public utility shares was in evidence the greater part of the morning and eary afternoon With Brooklyn, Edison and Utah securities scoring a point or more. A few high priced rails Including Union Pacific and Canadian Pacific, marked improvement. professionals who attempted to follow the reaction found themselves neatly trapped by the stubborn resistance which the general list developed In the late morning. Evidence of enormous underlying power was furnished in the eager way offerings were absorbed. Around noon the whole list rallied vigorously under the leadership of Steel common which advanced briskly to 122% up 1% from its early low. Local Bank Clearings Bank clearing* Thursday were $3,092.000. Bank debits were $5,793,000. OPENING GRAINS SHARPLY LOWER Wednesday Buyers Flood Wheat Market BHIKf •• ‘' - . Bulletin Bu United Press CHICAGO Jan. B.—All grains sold off fractionally at the dose of the Board of Trade today. Bu United Pren Jan. 8. —Grain futures *R>ed sharply at opening of the Chicago Board of Trade today. Support was lacking in the wheat pit when a number of Wednesday’s late buyers dumped their grain on the market. Weakness in corn was due to liquidating pressure by leading commission houses. Oats sagged with other grains. Provisions started firm.

Chicago Grain Table —Jan. 8" WHEAT— Prev. *Open. Hieh. Low. Close. close. Ma/1.78% 1.79 % 1.7714 1.77% 1.79% July 1,5314 1.3414 1.53% 1.53% 1.55 CORN- / \ May 1.38 1.28 1.27% 1.28% 1.28% July 1.28% 1.29% 1.28% 1.29% 1.39% OATS— May .81% .63% .61% .61% .82% July .61% .63% .81% .61% J 52 LARD— Jan. 15.97 16.03 15.85 16.90 16.97 RIBS — Jan. 14.90 14.95 14.80 HBS 14.87 RYE — May 1.54 1.55% 1.53% 1.54 1.55% July 1 37% 1.37% 1.36% 1.36% 1.38 CHICAGO. Jan. B.—Carlot receipts were: Wheat, 21: corn. 323; oats. 79: rye. 7. Produce Markets Strictly Iresh. new-laid No. 1 errs., loss off. 53@54t:: lowls, 4% lbs. up. 20c fowls Voder 4% lbs.. 20c: cocks, 12c; spnnrers. 80c: Lerhorn poultry. 25 per cent discount; younr tom turkey*. 12 lbs up. 33cf; old tom turkeys 26c; younr hen turkeys, 83c; ducks. 4 pounds up. 16c; geese, 10 E's up. 14c: squabs, 11 pounds to $4.50; oune guineas. 2-pound sue. sen: butter lat delivered Indianapo4c; packing stock butter delivered apolis, 19 @ 22c lb. Rabbits. $1.75 0 2.25 dozen drawn. CLEVELAND. Jan. B.—Poultry Lire Sry fowls 27 @2Bc; medium. 24 (g 25c; t. 18® 20c- suringers. heavy. 27® : lighL 25® 21c: geese. 25 @ 27c: t. 22® 23c; ducks, heavy. 30® 32c; t. 26® 28c: turkeys. 45@50 c . Butter—Extra in tub lots. 43% @44 'Ac; extra firsts. 41% @42%e: firsts. 39 %@ 40 %e: standard. 42c: Drints lc extra. Eggs—Fresh gathered northern extras. 60c; extra firsts, 68c- Ohio firsts. 66c; western firsts. soc. Potatoes—Michigan, $2 per 160 pounds; Idaho Baker Selects, f2.80 6 3.75: russets, *[email protected]; New York. $2 @2.10 per 150 pounds. CHICAGO. Jan. B.—Butter—Receipts. 6462; creamery, 40%c; standard. 40c; firsts, 36@37%c: seconds. 32@34%c. Eggs—Receipts. 1.871); ordinaries. 48® 62c: firsts. 54® soc. Cheese —Twins, 23 %C; Americas. 25c. Poultry—Receipts, fc carg: fowls. 15@22%e; ducks. 27c; geese. 32c; springs. 23c: turkeys. 23c: roosters. 15c. Potatoes—Receipts. 116 cam: Wisconsin round whites. $1.05@ 1.10: Idaho russets, $2.2502.30. NEW YORK, lan. 8. Flour Quiet and strong. Pork—Firm; mess. $34085. Lard—-Firmer; midwest spot, [email protected]. Sugar—Raw. quiet;, centrifugal. 96 test. 4.66 e; refined, weaker; granulated. 6.25® 6.30 c. Coffee—Rio 7 •pot, 23%c; Santos No. 4. 28@28%c. Tallow—Weaker: special to extra. 10% ® 10%c. Hay—Firm: No. 1. $1.35: No. 3. [email protected]. Dressed poultry—Firm; lurkeys. 25046 c; chickens, 21048 c owls. 16® 30c- ducks. 20® 28c: ducks, ■ion# Island. 28@29c- Capons. 26049 c. five poultry—Unsettled: geese. 83@30c: lucks, 15@45c; fowls, 28038c:-turkeys. 45® 50c: roosters. 18c: chickens. 28® 80c; broilers. 1 35 @ 45c. Cheese —Firm: state whole milk, commons to specials. 19@25%c; state skims, choice to specials. 15020 c. Butter—Weaker; receipts, 11,677; creamery extras. 42c: special market, 42 % ®430. Eggs—Easier: receipts. 15.271: nearby white fanoiy. 87 0 68c: hearoy state whiles. 54® 66c: fresh firsts, 67@60e: Pacific coasts. 55® 65c: westSW““- 44® 65c; nearby browns. 67 IRON AND STEEL wholesale prices on iron end W bars are: Structural $3.25 a 100 Sybase; steel bars $3.15 a 100-lb base, cold rolled shafting $3.96 a 100-pound base, biue annealed sheets 10-gauge base $3.95 a 100-pound; galvanized sheets. 28gauge. base. $5.65: 100 pounds: mack •heetk, 28-gauge $4.75 100 pound# For Coat Stolen Mrs. Christina Myers,, 1002 Bellefontalne St., today retorted theft of CL black caracul coat with a brown fox collar, valued at 1125, from her home, - , •. , • — S -ke th * if* .7

HOW THE CSTTOtt MARKET BEHAVED IH 1324

wjcty jWEKUf TMHP Os HMttUW COTTON PHICES AMO HCCttm (WIW rOftKlLfltfrtmw WUMM IFE I MAW | APRI MJW IdWtljULYl AU6 |tM|oCT HOY [PC AMPMOUj "ST / J TOMQg moo \ I . 680.000 moo \l r oao.ooo moo yl A I Mo.ooo BIMP I A I I / * 500.000 JO 3too L _l / I J 1 f 450.000 03QQ0 I j\r li_ \ I 400X00 l p y* \ / 8 2200 \ I I I 350.000 >2OOO j A/ \ I 300 000 02700 A 2 : \i 250,000 S 2800 \ I | 200.000 00 L , [i II 150.000 X RE-=&P-1 S — ~ - °Q OO° 5 2100 V^ l J U V 80.000 - ,>roo I I-. I L ..<wwvrr: -g_

Cotton added substantially to the growers’ bank account in 1924. This was the ninth largest crop on record and the fifth largest in point of value. The crop is estimated at 13,153,000 bales, while the money value, based on the farm price of lint cotton on Dec. 1, which was 22.6 cents a pound, is placed at $1,421,356,262. Cotton seed will bring a.n additional to this sum. The production of linter cotton, moreover, will approximate 800,000 or 900,000 bales. Although cotton gave royally of its yield and value, however, It does not reach as high In money power as in 1923. On Dec. 1, 1923, the price of a pound of cotton on the farm was 31 <nts. On the same date this year the grower could obtain only 22.6 cents. Acreage planted to cotton In

New York Stock Quotations "(By Thomson A McKinnon) ———————

Railroads— Prev High. Low. 12:30. close. Atchison ..119 ... 118% 118% At! CL ... 151 % ... 150% 160 If Bft O .... 82% .... 82 81% Canad Pac.152% ... 152% lot % Cft O 98% 96% 98% 90% Cft NW .. 72 % 71 % 72 % 72 % CR ft P.. 46% 46% 46% 46% Del ft H ..137% ... 137% 13b% Del ft Lack.l43 i42% 143 , 142% Erie 33% ... 33% 38% Erie Ist pfd 33% ... 33% 46% Gt Nor pfd 71% 76% 71 70% Leht Val . 80% 79% 80% 78% MoVae pfd VU 75 *75 74% NYNH*ft '3i% 31% 31% n^.;.i3 7 i°l 130°% Pere Mar . 69% ... soi? Pennsyl .••4§ J* •• • '% i§ 1? ioS 6 S‘ B?? ?? §1 r.‘2& I?| .* ,% if? tef 9t L% SF 61$ ... ,}% 61% On Pacific 151% ... 11% Wabash . . . % 22 % 22 % 22 % Wabash pi 59 58 % 59 58% Rubbers— Fisk Rubber 13 12% 13 1~ % Goodrich R 39% ... 39% 39% Goodyear nf 89% 89% 89% 89 Kelly-SDgfd ... ... 1% U S Rubber 43% ... 42% 43 Equipments— A C and F. 198 ... 198 198 A Stl Fdy. 47 ... 46% 47 Am Loco .108% 107% 107% 107 Bald Loco 131 % ... 130% 130% Gen Elee .309% ... 30% 308 Lima Loo. . 70 ... 7TJ 69% Pr Stl Car. 62 ... 62 65 Pullman ..146% ... 1*6% 146% Rv Stl 9bg 139 % ... 15g% 138% West Arbk 113 ... 113 113% West E 1... 79 78 78 % 78 % Stffli Bethlehem . 51 % 51 51 % 51 BONDS OVERSUBSCRIBED Books Close Early on A. T. & T. $125,000,000 Issue. Bu United Press , NEW YORK, Jan. B.—The $125,000,000 American Telephone and Telegraph bonds, offered -for public subscription today were reported over subscribed at 10:45 a. m. and the books closed. The bond Issue was the largest public issue of any kind since the $150,000,000 Japanese government loan of a year ago. The offering was priced at 95, to yield 5.30. ppr cent to investors. It consisted of thirty-flve-year sinking fund, 6 per cent gold debenture bonds and was offered by a syndicate headed by J. P. Morgan & Cos. Commission Market Fruits Apples—Fancy Jonathans, $7.50 0 8.50 a bof.; fancy Delicious. $4.75 a box; N. Y. Greenings. SB 30 a bbl.; Grimes Golden. $7.50 a bbl.: fancy Baldwins. $6.50 a bbl Apricots—Caluornia. $3.60 a box. Bananas—9® 10c a pound. Cherries—Argentine. $8.60 4 to 10-lb Cransbemea —$7.60 @8 a ball barre box. Grapefruit—s3 a box. Grape—Fancy California Emperor* $4.25 luff Lemons—California. $5 @5-50. Limes—sl.so a hundred. Oranges—Extra fancy California Valencias. IC6b to 2505. $4.50 @5.60: Florida. I’fumfr—Argentine. $3 @3.60 a 20-lb box. ' Pears—Bartlett. $3 a bushel; extra fancy N. Y. D’Anjos. $3 bu. Persimmons —Fancy Indian as. $1.50 a crate. Strawberries—6oo7oc a quart. Tangerine*—s4.2s. Vegetable* .Beans —Fancy Southern Green. S3 @3.50 a bushel. Beets—Fancy home-grown, 35® 40c do*, bunches, $1.75® 1.90 a bushel. Cabbage—Fancy Holland seed. I%@ 2c pound. —si.6s a bushel; New Texas, Cauliflower—California. $2.76 a crate. Celery—N. Y Golden Heart. $3 a 2-3 crate: trimmed 90c bunch: California. $7 a crate. Cucumbers—Home-grown. $6 a dozen Eggplant—sl.7s a dozen. Endive —80c dozen. Kale—Southern. $1 50 a bushel v Lettuce —Head. Iceberg Blue Boy. $4.50 a crate: hot house leaf $2.25 a fifteenpound basket. Mangoes—Fancy Southern. 60c a bae set Onions—Spanish $2.1502.25 a crate some-grown. $3 a 100-lb sack; Indians yellow $8; Indiana Red s3* hot house greens 65c dozen bunches. , Parsley—Home-grown, 75c doz. bunches Radisnss—Huttons, hot house. $1.30 dozen- bunches: long red or white. 75c and( zen Rutabagas—sl.2s silty-lb basket. Shallots—76c basket. Spinach—s 2 a bushel. Squash—lfubbard 3%@4c a pound. Tomatoes—Fancy Calliorola repacked $7.60 a six-basket crate Turnips—sl6s a bu.: $4.50 a barrel. - Potatoes srt ifffinf % PCM

1924 was the largest ever on record. Since August, 1924, 3,679,000 bales have been exported as against the 2,821,000 bales in 1923. The cotton export trade Is still Important in the United States markets, and with the economic recovery of Europe it is expected to become even more of a factor in American finance. The cotton manufacturing industry, moreover, is expanding at the close of 1924, whereas last year it was Just passing through the trough of a depression period. The unemployment which resulted during the good part of 1924 will not be a factor in 1926 cotton Industry. Movement into sight of the 1924 crop was more rapid than for many years. This year’s cotton receipts and the carry-over from the previous harvest recorded 9.288,000 bales from Aug. 1, to Dec. 12, 1924.

At 12:30 Prev. High. Low. p. m. close. Colorado F. 44 43% 43% 43% Crucible . 76 74 % 75 74 % Gull’ States 87 ... 87 86% P R C ft I 52 51% 52 50% 1 61 0 % 80% 0% Sloss-Sheff :. . ... ... 83 U 8 Steel 122% 120% 121% 121% Vanadium.. 29% ... 28% 123 Motors— Am Bosch 42% ... 42% 42 Chandler M 34 % ... 32 % 34 Gen Mot.. 65% 64% 65 85 Mack Mot 123% 121% 122% 121% M M (A) 80 ... 79% 79% Max M (B) 36% ... 35% 36% Moon Mot 24% ... 24% 24% Studebakor. 45 % 44 % 45 45 % Bt.cwart.-W , 73 % 71 % 71 % 73 % Timken ... 40% ... 39% 40% Willys-O 10,% ... 10% 10% Yel c Mfg ... .... ... 41% Minings— Dome M „ ... ... j 4% Gt No Ore 37% ... 37% 37% Int Nickel. 26 26 26 56 Tex G ft 8.104% ... 104 104% Coppers— Am Smelt. 96% 96% 96% 96% Anaconda.. 47 ... 47 46% Inspiration. 31 % .... 31 % 31 % Kennecott. . 56 ... 65% 55% Utah C0r,.... ... ... 87 % U S Smelt 37 % ... 37 % 38 Oils— Cal Petrol. 26% 26% 26% 38 Cosden ... 28 % 28 % 28 % 28 Houston Oil ... 78 78% Marland Oil B 9 % 38% 30 38% Pan-A Pete 64% ... 04 64% P-A Pete B 64 % ... 63 % 64 % Pacific Oil 64 % ... 54 % 54 $ Phillips Pet 38 ... 38 37% Pro and Ref 28% 28% 28% Pure 0i1... 30 ... 30 29 % Roy Dutch. 53 % ... 52 % 52 % 9 Oil of Cal 62% $2% 62% 62% S Oil of N J 41 % ... 61 % 41 Sinclair .. . 17% 17% 17% 17% *l* Industrials— A1 Chem., 84% ... 83% 83% Adv RumeJy 14 % 14 % 14 % 14 % Al-Chal .. 73 ... 71 % 71 % Am Can ..165% 182% 168%* 164% Am Wool - .' 63% Cen Leath.. .. ... 19% Coca Cola . 83% ... 83% 88% Congoleum 41% ... 41% 41% Con Can .. 68 % ... 68 % 68 % Dav Chem .43% ... 43% 43% Fam Play .99% ... 98% 96% Gen Aspp .60 ... 60 58 % In Paper ..56% % 56% 55% In Harv ..108% . . 107% 108 May Stores ... ... ... 101% Mft W ... 49% ... 48% 49% Nat Enam . .. ... ... 33% Owen Bot . 49% 49% 49% 49 Pitsbre Coal . . ... ... 49 n-cTr.-isi* w* i'll 14 mit ÜBln A1 . 84% .". 83% 83% Woolworth .124 123% 124 124 Utilities— Am Tft T 134 133% 133% 134 Con Gat. . 77% ... 76% 76% Columbia G 47 ,;. 47 47 People's G .. . ... 114 Wes Union 121 120% 120% 120 Shipping— Am In Cor 34% 83% 34 33% Am 8 ft C 11% At Gulf..; 21% 21% 21% 21 In M M pfd 45% 44% 45 44% U Fruit 215 Foods— Am Sugar. 51% 50% 51 61% Am B Sg.. 42 .. 42 42 Austin Nich ... ~. ... 30 % Com Prod. 40% 39% 39% 40 CCSj pfd 59 . . . 58 69 % C-Am Sugar 31 30% 30% 30 % Punta AT.. 45 43% 43% 44% Wilson & C 4 .. . 7 7 Tobaccos — A Sumatra ... ... ... 12% Am Tob.. . 88 % 88 88 87 % Gen Cigar. 97 ... 97 97% Tob P (B) 94% 73% 74% 73 Retail Fish Prices Retail fish prices: Ocean Varieties— Boston haddock fillets. 35®40c; dressed haddock. 30c: halibut steaks. 40c: red salmon steak. 35c;' fresh cod steak. 30c; Dompano. 40c; bluefish. 35c; Spanish mackerel. 35c; red snappers. 35c; snappers throats 40c. Specialities—Fresh jumbo frogs. 50c! live lobsters 80c: fresh green shrimp, 40c: lar-.? scallops. 80c pound: fresh picked crab meat. $1 a pound: Maine finan. haddie. 30c: cherry stone clams. 40c a dozen: large quohaug clams, 50c. Lake and River Varieties—Lake white fish. 35c; tsout, 35c: yellow pike, 35c: lake salmon, 35c; blue pike. 25c; yellow perch, 25c: channel catfish. 36c: bluefin herring. 30c: pickerel. 250; grass pike, 25c: river carp, 15c: buffalo, 20c; mullets, 15c; black bass. 40c; large crappie*. 35c.' Tank Wagon Prices (Gasoline prices do not include State tax of 2c a gallon.> GASOLINE —Energee.- 47e a gallon: Purol. 13.2 e; Red Grown. 13c:, Target. 13.2 c: Silver Flash 17c: Standard aviation, 21.2 c: Sinclair commenial 13.2 e. K^ROSEilE—Crystaline. 11./tl: Moore light, 14.5 c: Perfection 11.7 o: Standard turnaee oil IQ.O (under 200 gallons). 9.6 c (more than 200 gallons); Bright Light 117 c: Sinclair 12.7 c NAPTHA —Energee Cleaners. 18.6 c: V. M ft P. 18.6 c: Standbllnd Cleaners. 18,50. Prices on Coal Anthracite, $16.50 a ton: coke. $10; West Virginia lump. $6 @7.25: Kentucky lunip $6 75 @7.75: Bocahontsa mine run. $6.50®7 50: lump. $8 5009 25; hadlina lump. ss@7; Indiana egg. $5.350 5.75; Indiana mine run. [email protected] (Wheeling 60c s ton extra.) , ■-* TINNERS’ SUPPLIES $31.M2S B a%l^f 0: ol^^

im LN LIAJS APOLlii TIMiS

HOG QUOTATIONS ARE UNCHANGED \ Top, SIO,B5 —Bulk Bring [email protected]. —Hog Price* Day by Day— Jan. Bulk. _ Top. Rspelpts. 2. 10.50® 10.70 1090 14.542 3. 10.50® 10.70 10.90 11.000 5. 10.60® 10.75 11.00 10,000 fl. 10.16 ® 10.25 10.65 21.000 7. 10.15 @10.36 10.85 13,000 8. 10.25 @10.50 10.85 10,500 A run of 10,500 fresh hogs and 4,404 holdovers was nearly all sold at prices steady r with Wednesday’s close at the local yards today. Top remained at $10.85 and the bulk of sales was at $10.25 @10.50, slightly higher. Heavies sold at $10.60@ 10.75; mediums, [email protected]; lights, $10.15 @10.25, and light lights, $9.25 @10.15. Pigs were steady to lower at [email protected]. Sows helc T unchanged at [email protected] for heavy smooths and [email protected] for roughs. Cattle quotations ruled steady with Wednesday In the majority of cases.- Receipts were estimated at 1.000 with a liberal supply of better grades. Some good- handyweight steers were being held at $10,50 and some fairly good heavy steers were quoted at [email protected]. Common killers sold at [email protected]. Fat. lightweight heifers brought $9 @lO and fair to good butcher heifers cleared at $7 @B. Choice beef cows were moved at $5/o@6. Veal prices were higher. Top was sls, paid for a few choice head only. Bulk of good calves sold at $13.60@ 14.50. Mediums sold at sß@lo and commons br<#ught ss@7. Receipts were 700. / Sheep and lamb prices ruled unchanged from Wednesday. Good lambs were cleared In fair volume at [email protected]. One or two sales of extra choice lambs were reported at sl7. Heavies were priced at $ll@lo; throwouts, s9@lo, and medium to good sheep. $5 @7, with a few choice selling at SB. Receipts were 200. —Hoes— Good hors. 140-160-lb. ev..s 835©,S'7£ 160 to 180 pound* 8.75 @10.16 1.80 to 200 pound* - 10.15® 10.25 .'TOO to 225 pound* 10.2501085 225 to 275 pounds 275 pounds up Pigs. 140 pound* down.... 6.00@ 9.*5 Hpavy light sows 900 @ 9.75 Light sows 8.76® 950 —tattle— Steers. 1,300 lbs. UP. choice.® 8-76© 10.50 Good 9 00 ® 9.50 Steers. 1,000 to 1,200 lbs.. . prime nr.d choiti 10.50011.90 Plain. I.OCO lb*. 7.60® 9.00 Medium to good heifer*... Choice light heifers Common to medium cows.. 8.25® 4..’0 Choice 6.00® 5.50 Canners 2 00® Butcher bulls Bologna. bulls 3.60® 4.-5 —(Mires— Choice reals $15.00 „„ „„ Medium reals . J?'92 Good veals AJ1.50 14.^0 Common calves 5.00® 7.00 —Sheep and Lamb*— Choice lamb* $16.00® 17.00 Mediums 11.00® 14.00 Cull lambs Yearlings 7.00 <@ fI.OO Medium to choice ewes.... 4.000 7.00 Culls —. I.oo® 3.00

Other Live Stock CHICAGO. Jen. B.—Cattle—Receipta, 17.000; market slow; killing quality plain; few early sales better grade beef steers and yearlings steady.; undertone on others weak to [oWer; top hnndyweight steers. $11.25: yearlings. $10.25: she stock steady: calve* 50e up: Backers paying UP to 312: bulls slow, about steady: stockers and feeders firm. Sheep—Receipt*. 18.000: market for fat lambs generally steady; spots strong- bulk fat native* and fed westerns, $17.76018 60: early ton. $18.76; good to choice Colorados. SVB.2S® 18.40; fat sheep 25®50c up: early sales. $9.50® 10; top. $10.50; feeding lambs unchanged: few sales sl6 @16.50; top. $16.75. Hogs—Receipts. 64.000; market steady; top. $10.76; bulk. $9.50010.60: heavvy eight*. $10,250 10.75: mediumweijfhts, $9.40010.65: lightweights. *8.65010.15: light lUbts. $7.2509.60; packing sows, smooth. $9.86 @10.25: packing rough, $9.40® 0.85: slaughter pigs, $6.50 @B. EAST BUFFALO. Jan. 8. —Cattle —Receipts. 225: market slow and steady: shinping steers. $9 @11: butcher grades, $8 WfT.25: cows, s2@6. Calves Receipts. 250; market slow, steady; cull to choice. $3014.50. Sheep and lambs—Receipts, 1.200: market active and steady; choice lambs. *lB 019: cull to fair $10017: yearjlngs. $0@11: sheep, *3 010. Hogs —Receipts. 4.000: market slow, best 25c lower: pigs 50c®$1 lower: Yorkers.sß @10.30: pigs. 27 08: mlied. $10,300 10.7(4: heavies, *loT7s@ll; roughs. s9® 9.26: stags. *4.5006. CLEVELAND. Jan. B.—Hof# —Receipts. 5.000: market, steady to 10c lower: Yorkers, $10.25 010.50; mixed. $10,500 10.75: medium, $10.75: pigs. $7: roughs, $9; stags. $6. Cattle—Receipts. 500: market. 15 035 c lower: good to choice bulls, $506.60: good to choice steers. sll @l3: good to choice heifers, $809: good to choice cows, [email protected]: fair to good cows, $3 6 4.50: common cows. s2@3: mllchers. S4OO 80. Sheep and lambs Receipts, 1.000; market, slow; top. sl9. Calves—Receipts. 400; market, steady; top. sls. TOLEDO. Jan. B.—Hogs—Receipts. l.OOO; market. 10015 c lower; heavies. [email protected]: mediums. $lO 80t2T0.65: vorkers, $10010.40; good pigs, s7@B. Calves—Market strong. Sheep and lamb* —Market. stady. CINCINNATI. Jan. B.—-Cattle—Re-ceipts. 000: market, slow: shipping steers, good to choice.* [email protected]. Calves— Market, higher: good to choice. sl2® 14. Hogs—Receipts. 5J100: market, lower; good to choice packers and butchers. $lO 80. Sheep—Receipts. 200; market, steady;' good to choice, $6 07.50. Lambs —Market, steady: good to choice. $16@17. PITTSBURGH, Jan. B.—Cattle—Receipts. tight: market, steady- choice. $9.25 @9.75: good. $8.4909: fair , $6.50® 7725: veal calves, $14.66015. Sheep and lambs —Receipts. 2 double deckers: market, stronger: prime weathers, $10.50® 11; good. $10010.50; fair mixed. $8 09lambs. sl4® 18.50. Hogs—Receipts. 46 double deckers: market, lower: prime heavy, $10.9O@ll; medium. $10.40® 10.50: heavy Yorkers. $10.40010.50: light Yorkers. $808.25; pigs. $7.2508; roughs; $8.7509,75: stags. 554,[email protected]. EAST ST. LOUIS.. Jan. B.—Cattle—Receipts. 3,500: market, active; native steers, pro sale; yearling heifers, no sale; cowg. s4@s: canners and cutters. $2.25® 3.26: ealves. *10.60: stopkers and feeders, no sale. Hogs—Receipts. 14,000; market. steady: heavy. $10.40 @ 10.60; medium. $lO 25010.66; light, $9.26® 10.40; Tight lights, $7.75 oid: packing sows, Pigs. [email protected]: bulk, $10010.50. Sheep—Receipts. 1,000: market, steady: ewes. $7 @ 9.75: canners and cutters, $3 @6; wool lambs, slo® $18.50. BUILDING SUPPLIES Portland Cement—Cloth, a bag. 85c paper. 80c. Mortar—Novle prepared. 750 a 100-lb. Hydrate Lime—Finish. 66@80c a sack mason's 50c a sack. Plaster and Finishes—lvory Neat. ,0ib. paper sacks 78c; Michigan stucco, $1 a 100-ib sack; plaster parts. $f a 80-lb sack; Stonewall prepared first coat-clotb sacks. 60e. Flooring-e-lxß X. P. clear. $75: common. S7O: No. 2 common. $45. $6? ev Finish—Clear yellow pine. 6. 8 and 10 inch. $l00; 12-inch $110: clear redwood 6. 8 and 10-inch. $140: 12-lnch. $l6O Drop Sidings—lx6 Y P„ $76: No 1 common S7O: Ixß No. 1 common. Y P S6O: No. 2 common, S6O. Boards—lx4 No. 1 oommon, S6O: No. 2 common. S4O: Ix 6 No. 1 common. $65, No 2 cdmrnon, 845 Ixß and Ixlo No 1 common. S7O; No. 2 common, $45: Ixl2 No. 1 common, $76; No. 2 common, *6O Finish—Clear yellow pine. 8. 8 and 10 inch SIOO, 12-lnch, $110; clear redwood 6. 8 and 10-inch. $140: 12-tneh. $l5O 1 0 S o^ nglse — C,eajr red <*dar V7J6O per ' Dlraensions—2X4Xl2 to 16-ft. i $46 vi 6x12 to 18-ft., $46; 2x8x12 to 16-ft f45. 3“ 19x12 to 16-it.. $45 2X12x12 to 16-ft.. $56: 18 to 20 feet. $2 more.

GIRL INSTRUCTOR, SHOT OY SUITOR, FIGHTSFOR LIFE May Survive Wounds Inflicted by Man Who Killed Self, - Bu Unit and Press MADISON. Wis., Jan. B.—Miss Lora Palmer, the pretty 28-year-old Instructor in ror -nee languages at the University of Wisconsin, who was shot down by a maddened lover, has a fighting chance’for life. Physicians at the hospital today announced the girl’s condition as favorable. Theu only fear is that complications may set in and result in death. The body of Francis X. Bernard, the 32-year-old Corsican who shot Miss Palmer and then killed himself, probably will be removed to Hibbing, Minn., for burial. If Miss Palmer’s condition warrants, police will question her today regarding her relations with Bernard. Surgeons stated that during the night Miss Palmer awakened from a sleep and said; “I helped him. He fell In love with me. But I couldn’t love him; I couldn’t make up my mind to marry him.’ EX-WIFE TELLS STORY Bv United Preee SUPERIOR. Wis., Jan, B. Spumed by both his former wife,

A* All of These Debentures Have Been Subscribed For, This Advertisement Appears Only Asa Matter of Record. $125,000,000 (Total Issue.) American Telephone and Telegraph Company THIRTY-FIVE-YEAR SINKING FUND 5% GOLD DEBENTURES Dated January 1. 1925 January 1, 1960 Issued under Indenture dated January 1, 1925, Central Un lon Trust Company of New York, trustee. Interest payable January 1 and July 1 in New York or Boston. Redeemable in whole or to pert at the option of the company at 110% and accrued Interest on any Interest date on or prior to July 1, 1956; thereafter at 100% and accrued interest. A sinking fund of $1,250,000 annually is to be set aside in equal semi-annual installments beginning July 1, 1925, such, fund to be used in purchasing debentures of this issue if obtainable at not exceeding 102 an< * accrued interest; otherwise, to be used for capital expenditures. Coupon debentures in denominations of SI,OOO, SSOO and SIOO, registerable as to principal. Registered debentures in denominations of SI,OOO, $5,000 and SIO,OOO. Coupon debentures and registered debentures, and the several denominations, interchangeable. Ifi B. Thayer, Esq., President of the American Telephone and Telegraph Company, has summarized as follows his letter to us stating the particulars in regard to this issue: , the total assets of the American Telephone & Telegraph Company on September 30, 1924, were carASSETS on lts books of more than $1,468,000,000. based upon valuations which are distinctly conservative. All the property of the company is free from lien, except that stocks and bonds having a book value es about $257,000,000 have been pledged under indentures securing collateral trust bonds. since the end of 1920, the relation between funded debt and capital stock of the American Tele* EQUITY phone £ Telegraph Company has changed materially, due chiefly to the sale to stockholders of large amounts of capital stock. After giving effect to the present issue of debentures, the company s funded debt will have Increased less than $81,000,000 since December 31, 1920, whereas capital stock (Including installments) lias Increased by over $457,000,000. Funded debt, giving effect to this financing, will be less than $400,000,000, while capital stock amounts to more than $900,000,000. Thus, funded debt will comprise only about 80% of the company’s total capital liabilities (as compared with 42% on December 81* 1920) and will amount to little more than 2c % of the book value of the company’s total assets. EARNINGS i Net Earnings Number of Year Ended Available for , Times Interest Dec. 81. Interest Interest Net Income Was Earned 1914 $40,557,997 $8,228,163 $8278347814 4.9 1915 41,117,487 6,498,850 34,618,637 6.8 1918 44,743,878 8,780,099 38,013,277 8.8 ‘ 1917 48,940,486 10,469,860 38,471,106 4.7 1918 544293,017 10,891,695 43,901,822 5.2 1919 80,248,387 15,847,598 44,895,791 3.8 1920 70,686,904 18,865,688 51,821,216 8.7 1921 78,528,812 19,521,109 54,002,704 8.8 1922 81,668,440 15,498,012 66,170,428 5.3 1923 95,889,918 18,697,787 81,692,181 6.9 \ * J^. During this ten-year period net earnings available for interest averaged more than 4H times interest Charges, and to each one of these years they have exceeded B*£ times Interest charges. It Is estimated that for the year 1924 net earnings available for Interest were In excess of $105,000,000, which is more than six times the estimated interest charges during 1924 and more than five times the annual interest charges on the company's total funded debt to be outstanding after the Issue of these debentures, without regard to the earning* which will be derived Immediately from the investment, of the proceeds of this issue. rirvmFvn dividends cm the capital stock of the company and of its predecessor have been paid a* th# Rmmn rate of at least $7.50 per share in'each of the past 48 years. For approximately 15 years, endKHAvUKjj ed to 1921, the rate was $8 per share annually. Since then $9 per share per annum has been paid. pnnvranva to the Indenture under which these debentures are to be issued, the company will covenant i SUM usiujNt* t hat it aill not mortgage any of Its telephone lines or plant unless it shall secure these debentures by stocks or bonds of Its telephone operating companies, and that it will not pledge (with cer- < tain exceptions and limitations with respect to its outstanding collateral trust bonds) any stocks or bonds of its telephone operating companies unless it shall either secure these debentures, as above stated, or ratably with any other obligations secured by such pledge. In either case the company shall keep so pledged stocks or bonds of a value which shall be equal at all times to 183% % the priori pal of the debt secured thereby. Any such collateral so pledged shall be similar In character to that required for the security of the company's 80-year collateral trust 5% bonds of 1948. The provisions for valuation and substitution of stocks and bonds so pledged shall be similar to the corresponding provisions in respect of the collateral securing the above-mentioned 5% bonds of 1946. Hie proceeds of these debentures will be used to provide the Bell Telephone system with funds for additions and betterments and for other capital expenditures. It being the Intention OF ISSUE gs the American Telephone and Telegraph Compnay to utilize the greater part of these proceeds in making loans to its associated companies or in acquiring their securities. t ■ TEE ABOVE DEBENTURES ARE OFFERED FOR SUBSCRIPTION, SUBJECT TO THE CONDITIONS STATED BELOW, AT 95% AND ACCRUED INTEREST TO YIELD OVER 5.30% Subscription boohs wUI be opened at the office of J. P. Morgan <& of 10 o’clock a. Thursday, January 8, 1925, and will be closed t their discretion. Ike right is reserved to reject any and dll applix cations, and also in any case, to award a smaller amount than applied for. 1 All subscriptions received are to be subject to the issue of the debentures as planned, and to approval by counsel of the form and validity of the documents and proceedings. The amounts due on allotments will be payable at the office of J. P. Morgan <& Cos., in New York funds to their order, and the date of payment (on or about January 22, 1925 ) wiU be stated in the notices of allotment. Temporary debentures cr J. P. Morgan <6 Cos. interim receipts, exchangeable for definitive debentures when received from the company, will be delivered. —i .. ii iw———ia—■— /. P. MORGAN & CO. KUHN, LOEB & CO. KIDDFJt, PEABODY & CO. FIRST NATIONAL BANK, New York. THE NATIONAL CITY COMPANY. BANKERS TRUST COMPANY, New York. GUARANTY COMPANY of New York.

from whom he was divorced a year ago, and Lora Palmer, University of Wisconsin French instructor, Francis X. Berfiard, Corsican chemist, left here Sunday night vowing to take his own life, it wan revealed today. “She’s gone back on me. I’m through with her,” Bernard told his ex-wife Sunday as he handed her a picture of the girl. Just before leaving for Madison, Bernard pleaded with his former wife to return to him, she said. She refused, and he warned her not to be surprised if he killed himself. Births Boys Orvsl and Mabel Murphy. 1816 Koehne. Clifford and Elizabeth Phillip*. 609 N. Pine. bo*pitaf h MarT H#nl °y- Vincent Franklin and Juliet Hatlan, St. Vincent hospital, C. D. and Anna Gillette, 441 Spencer. Harold and Bernice Smith. 2453 N. New Jersey. James and Mamie Steward, city hospital. and Roselue Washington, city Joseph and Mary Wiggington. city hospital. Noah and Cleo Williams, city hospital. James and Blanche Stevenson, city hospital. Albert and Lee Taylor, city hospital. Clarence and Anna Covey. 1134 S. Sheffield Cyru* and Gladys Coffey, 2021 Ashland Fred and Juanita Clark. 1231 Nordyke. Robert and Helen Long. 1231 Nordyke. Foster and Eva Jones. 1701 Woodlawn. Girl* Jason and Mildred Kibbe. 4078 Cornelius. Edward and Irene Frelhage, St. Vincent hospital. Andrew and Cameola Lamb. St. Vincent hospital. Edward and Frances Kraeszlg. 1537 Kelly. Goldman and Smella Nixon, -city hospital. Orville and Martha Stevenson. city hospital Leonard and Josephine Shelley, city hos pital. William and Noble Green, city hospital. Isaac and Julia Roberts, city hospital. Harry and Bertha Brickert. 1204 N. Illinois. Raymond and Nora Boylan. 3534 E. Michigan. Twins Joseph and Ellen Mahoney. 21 N. Sheridan, boys,

Marriage Licenses William C. Perry. 88, 241 8. Keystone. Stationary engineer Jennie Blust, 64. 2057 Cornell, housewife. Abe Caylor, 23, 121 E. Vermont, stenographer; Garnett Cenlth Van Buskirk. 17, 2514 Cornell. Frank H. Leister. 48. Pendleton, Indiana Reformatory guard; Lavarah Lueelta Carroll. 50. 3747 E. Washington, business woman. Taylor Grady. 39, 1017 W. Pearl. Klnjan Sc Cos.: Nancy Freeman. 27. 948 W. Pearl. Henry Kinley. 20. 2216 Barrow, janitor: Catherine BaldWni. 18. 2268 Y&ndes, housewife. William BUI*. 27. 467 Agnes, truck driver: Minnie Lee Calloway. 22, 457 Agnes. Ermel Parks. 23, 1819 N. Capitol, cook: Lillian McGuire. 18. 148 W. Sixteenth. David L. Hunt, 57. 628 N. Alabama: Bessie Mifflin, 42, 213 Walnut, housework. Edward Walls. 23. Dayton, Ohio, truck driver: Crystal Maty Hoff. 20. 257 N Tuxedo .housework. A. E. Willis, 33, Chicago, machinist: Mary Gay Gallagher, 29, 130 E. Ohio. Emerson Cathem, 23. 135 W. Vermont, counter man: Bess Mable Archibald, 29. 430 N. Meridian. Deaths / Katie Fisher. 50. city hospital, cfnronic interstitial nephritis Rosie Smith. 42. city hospital, third degree burns, accidental. Lewis E. Brenninger. 43, 116 Johnson, pulmonary tuberculosis. Fred A. Rose. 45, Terminal Station, cerebral apoplexy. Elizabeth A. Gandolfo. 41. Methodist hospital, carcinoma. Alois Baumgard, 48. city hospital, lobar pneumonia. Catherine Lawrence. 50. city hospital, “ESS Admlre y Demines. 48. 630 W. Thirteenth, chronic parenchymatous nephritis. Rudolph Anton Bosch Jr., 1 hour. Methodist hospital, premature birth. John Henry Lee. 63, Central Indiana hospital, lobar pneumonia. - , Zeno Hollowell. 76, 709 N. Olln. apoPl6 Mza Berger. 64. 210 W. Forty-Third, cerebral hemorrhage. _ _ Fannie Falender. 00. 018 E. FortySixth, chronic myocarditis. „ Elizabeth J. Davison. 22. 425 N. Hamilton. tuberculosis. , Sol Mitchell. 60. city hospital, aortic insufficiency. Anna Le Master. 71. city hospltall ery8iP Elsie Scofield. 40. Long hospital, carcinoma. John Lock. 69. 520 E. Vermont, arteriosclerosis. _ , John D. Albertson. 57. 1228 S. Belmont, gastro enteritis. LINSEED OIL AND TURPENTINE Local dealers are quoting the following prices on linseed oil: Raw, 51.20 a gal Ion; boiled. $1.22. Turpentine—sl.l2.

ILLINOIS PLANS | BIG INAUGURATION Military Display, Ball and Reception Scheduled. By United Press SPRINGFIELD, 111., Jan. Permanently organized and ready for business, Illinois ' Representatives and Senators are turning their eyea toward committee appointment* and the inauguration of State officers next Monday. Preparations for inaugural ceremonies are being pushed toward completion. With a great military display, ball and reception, the inauguration will be the most eleborate in many years. Thirteen units of the Illinois National Guard will participate in the event, staging a parade in the morning. At noon inauguration ceremonies will be held. Governor Len Small then will read his biennial message. The ball and reception will be held in the evening. County Auditor Dias Bv Times BoecM „ _ WILLIAMSPORT, Jan. B.—Funeral arrangements were being made today for W. H. Stevens, auditor of Warren County,-who died at his home here Wednesday. “I was certainly surprised to get so many calls; could have sold a dozen tables,” is what one lady said after advertising a table in the miscellaneous for sale classification of Times want ads.

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