Indianapolis Times, Volume 39, Number 178, Indianapolis, Marion County, 3 December 1927 — Page 13
|DEC. 3, 1927.
lIST IS ACTIVE ON 'CHANGE IN BROADMARKET Many Issues Record New Highs; Some Retract With Profit-Taking.
Average Stock Prices
Ave , r £Ff„ of twenty industrials Thursday was 196.58, off 1.63. Average of twenty rails was 140.10, off .35. Average of forty bonds was 99.23, up .03, new high. Bu United Press NEW YORK, Dec. 2.—With activity at the rate of 3,000,000 shares a very broad market developed today on the stock exchange. Prices generally gained, though late profittaking wiped out much of the advance. New high records were made by a score or more of issues, principal among which was United states Industrial Alcohol, Wright Aero,. Freeport Texas, Greene Copper, Canadian Pacific and Westinghouse. Railroad shares made up for irregularity in industrial by a concerted advance which carried the* leaders up as much as 15 Va points; in the case of Canadian Pacific. C. & O. .spurted 4 points, Lehigh Valley, 3>s;, Gulf, Mobile & Northern, 4; Delaware & Hudson, 10; Louisville <ss Nashville, 214; Missouri, Kansas & Texas, 214; New York Central, nearly 2, and Kansas City Southern, 2%.
Steel held up well throughout the day, but General Motors eased off late in. the session with selling for profit in other industrials. Wall Street, lost its nervousness over the coming session of Congress in the expectation that it would be opened by a constructive message on the- part of President Coolidge. Belief that his words would have a stimulating effect on business was reflected in another bullish demonstration in stocks today. This found expression in vigorous advances in standard rails. Canedian Pacific ran up violently, while substantial gains took place in New York Central, C. & 0., Union Pacific and other members of the high priced class. Sales Total 3,000,000 Shares Jill r^u r ,l NEW YORK, Dec. 2.—Sales on the stock • exchange today totaled 3,006,100 shares, the second largest day this, year and the tenth time in the history of the exchange the 3,000,000 mark has been reached in one full session. The last previous day when trading reached the 3,008,000 mark was Oct. 4, with sales ttoaling 3,147,000 shares. v
New York Liberty Bonds —Dec. 2 Prev. ... Close, close. 3'/ 2 s -.- ... 102 Ist 4Us 103.12 103.12 3rd 4Us 100.25 100.25 4th 414s 104. 104.1 Tr 4tis 1952 ... 115.26 115.15 Tr 4s 1954 110.26 110.20 Tr 3%s ■ 107.23 ,107,13
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Banks and Exchange
_ INDIANAPOLIS STATEMENT „„Tr°ca.l bank clearings today were $4,554,000. Debits were $7,209/000. NEW YORK STATEMENT Bu United Prttss NEW YORK, Dec. 2.—Bank clearings. 5i.665,000.000; clearing house balance, $165,000,000. FOREIGN EXCHANGE Bu United Press NEW YORK, Dec. 2.—Foreign exchange closed higher. Demand sterling $4.87 %. up S-32c; francs. 3.93%c. up .OO’ic; lira, 5.43’Ac, up ,00%c; belga, 13.97’/ac, up •OO’/zc: marks, 23.88 c; Montreal. $1.00178225.
Produce Markets
Butter (wholesale price)—No. 1. 49@53c; No. 2. 46®48c; packing stock, 22@25c. Butterfat (buying price!—sl® 51c. Eggs—No. 1 Iresn, averaging 24 ounces to doz„ 45c; No. 2, 30®33c; general run. 42®43c. Cheese (wholesale sellm gprlces. per pound)—American loaf. 35®38c: pimento loaf, 37@40c; brick loaf, 35@38c; Swiss, No. 1, 42@44c; imported Swiss, 60®62c; Wisconsin flat, mild and sharp. 30® 32c; Erint cream. 29c; flat display, 27®28c; onghorn, 28®29c; New York, llmberger. 30®34c: Wisconsin llmberger, 28®30c. Poultry (buying prices)—Hens, 19®20c; Leghorn hens, 13® 15c; spring. 18® 20c; Leghorn springs. 13@15c: roosters. 10@12c; turkeys, young toms, 35c; young hens. 32 ®3sc; old toms. 25c: old hens, 28® 80c; ducks. 15®16c; geese, 13@15c; guineas, young, 30c; old, 35c.
Bu United Press CLEVELAND. Dec. 2.—Butter—Extra in tub lots. 52V1 @54 !, 2c: firsts, 45®46c; seconds. 42®43c: packing stock, 28®30c. Eggs —Extras. 64c: extra firsts. 51c: firsts. 43c; ordinary. 37c; pullet firsts. 27c. Poultry— Heavy fowls, 23® 24c; Leghorns. 15® 16c; heavy springers, 24®25c: Leghorn springers, 19@20c; cocks, 16@17c; ducks, heavy. 21®23c; medium, 20©21c; geese. 20®22c. Potatoes—lso-lb. sacks. New York. $3.25® .340; Ohios. $3®3.15; Maine, $3.25; Michigan, $3®3.15; Wisconsin and Minnesota, $3; 120-lb. bags, Idaho. Bakers. $2.75; 60lb. sacks, home-grown round whites, $1.25. Bu United Press NEW YORK. Dec. 2.—Flour—Quiet and firm. , Pork—Dull; mess, $34.50. Lard Steady; Midwest spot, $12.25® 12.85. Sugar—Raw quiet; spot 96 test delivered duty paid, 4.52: refined dull; granulated, 5.50® 5.90. Coffee—Rio No. 7. on spot. 13%; Santos No. 4. 21®22c. Tallow—Easy: special to extra. 8%®8%c. Hay—Dull; No.-t, [email protected]; No. 3. 80@95c; clover, 65c@$l. Dressed poultry—Firm: turkeys. 30®50c; chickens. 20@36c; broilers. 22®38c; canons, 30®46c; fowls. 16®32c: ducks. 20® 28c; Long Island ducks. 23@27c. Live poultry—Firm- geese. 22®23c: ducks, 14®28c; fowls, 19®27c; turkeys. 30®35c: roosters, 15c; chickens, 18®30c; capons, 30c; broilers. 32®40c. Cheese—Firm; State whole hiilk. fancy to specials. 28‘/a@29c; Young Americas. 28','2® 29c. Potatoes Long Island. [email protected]; Jersey. $2.50®2.75; Maine, [email protected]; Bermuda. s3@ls. Sweets—Jersey. basket. 25c®>52.25; Southern, barrels, $1®2.50. Butter—Firm: receipts. ,10,703: creamery extra, 51)46; special market, 52® 52y*c. Eggs—Firm- receipts. 8.543; nearby white fancy, 55@56c; nearby State white, 48® 54c; fresh firsts. 41®45c; Pacific coasts. 50@54’/*c: western whites. 38®50c; nearby browns, 61®03c. Bu United Press CHICAGO. Dec. 2.—Poultry—Receipts. 9 cars. Fowls—Heavy. 22c; small, 16®17c; springs. 24c; ducks, heavy, 22c; smajl, 17ci geese, 20c; turkeys. 25®30c; roostefc, 17<W Cheese—Twins, 26c; young Americas. 27c. Potatoes—Arrivals. 93; on tracks, 338; in transit, 505; Wisconsin sacked round whites. [email protected]; Minnesota and North Dakota sacked round whites. $1.30®1.40; and Red River Ohios, $1.30ffi1.40; Idaho sacked russets No. 1. [email protected], partly graded. $1.25®1.45. Sweet potatoes—sl.so @2. Butter—Receipts, 6.366; extras. 49%c; extra firsts. 46®47c; firsts, 40% <8 42Vic; seconds, 37@39c; standards. 46c. Eggs— Receipts, 4.034; firsts. 42®46%c; ordinaries. 32@40c; seconds, 22®30c; extras, 33’/a® 34c.
In the Cotton Market
. (By Thomson & McKinnon) NEW YORK, Dec. 2.—The cotton market was a steady affair this morning and trade buying in evidence on almost every point decline. The into sight movement is falling well behind last year, and as spinners takings hold up well there is no reason for holders of the actual to press the remnant of the crop. We have noticed in the past that when the near positions are relatively stronger - than the distant, shat the market shows a rising tendency* and that seems to be the case at present. We recommend the purchase of cotton on all declines. NEW YORK High. Low. Close. January 19.53 19.25 19.53 March 19.73 19.42 19.73 May 19.92 19.64 19.90 July 19.88 19.62 19.86 October 19.42 19.19 19.42 December 19.50 19.26 19.50
WHEAT RALLIES SHARPLY WHEN PIT OVERSELLS Corn Follows Lead, of Major Grain; Oats Hold Opening Strength. Bu United Press CHICAGO, Dec. 2.—An oversold market sent wheat prices i/ito a sudden rally of 1 cent after a quiet morning session on the Chicago Board of Trade today. Com followed with a fair rally and late in the day oats held their opening strength. There was no news of sufficient importance to account for the sudden rise in wheat, and traders attributed the buying demand to technical pit conditions. Buenos Aires cables were lower, indicating favorable cropt conditions in the Argentine, and Liverpool was steady. Export demand was reported slack. Receipts were eleven cars and the cash market unchanged. Locals were Inclined to sell on every rise. Husking is at a standstill, advices from several districts said, and snow and ice covers the fields. The cash demand was strong, aiding the rally. Receipts were 110 cars and cash com was 1 to 1% cents up. Oats was strong all day, and although the gains were fractional, buying was prompt on the dips. Reports c? low terminal stocks and very small stocks on the farms created considerable interest in the market. Receipts, seventy-five cars; cash oats, l A cent higher. Closing prices in wheat were under the day’s best figures, due to a slight decline just before the elose fc In com and oats, the noon rally Tield well, and closing figures were very nearly the day’s tops. Wheat closed unchanged to % cent higher; corn, 1% to 1% cents higher and oats 1 to I*4 cents higher. Provisions closed higher.
Chicago Grain Table
—Dec. 2 WHEAT— Prev. Open. High. Low. Close, close Dec 1.28% 1.30 1.28 1.29>4 1.28% Mar 1.32% 1.33% 1.32% 1.33 1.32% May .... 1.34% 1.35 1.34% 1.34% 1.34% CORN— Dec 88% .90% .88% .90% .SB% Mar 93% .94% .93 .94% .93V. May .... <96% .97% .95% .97% .95% OATS— Dec. 51% .52% .51% .52% .51% Mar 53% .54% .53% .54% .53% May 55% .56% .55 .56% .55 LARDDec 11.77 11.95 11.77 11.95 11.67 Jan. .... 12.37 12.50 12.35 12.47 12.25 May 12.65 12.30 12.65 12.80 12.55 RIBS— Dec 10.40 10.40 10.40 10.40 RYE— Dec 1.09% 1.10% 1.08% 1.10% 1.10 Mar 1.10 1.10% 1.09% 1.10% 1.10% May .... 1.10 1.10% 1.09% 1.10% 1.10% Bu Times Svecial CHICAGO. Dec. 2.—Primary receipts: Wheat. 1,160,000, against 771.000; corn, 612.000. against 572.000; oats. 338,000, against 287.000. Shipments; Wheat. 1,431.000, against 899,000; corn. 807.000, against 314,000; oats, 306,000. against 541,000. , NEW YORK COFFEE RANGE —Dec. 2 High. Low. Close. January 15.06 12.92 13.06 March 13.01 13.00 13.01 May 13.07 13.00 13.07 July 13.07 12.95 13.07 September 12.96 12 85 12.96 December 13.08 12.95 13.06
THE INDIANAPOLIS TIMES
New York % Stocks By Thomson A McKinnon
—Dec. 2 Railroads— Prev. High. Low. Close, close. Atchison ........197% 195 196% 194% At Coast L 196‘/a 194 194’% 194% B & O 120% 118 . 119% 117% Can Pacific 219 204 217 203 Va C & O 213% 207 211% 207 C& N W ...... 91% 88% 90% 88% GR&P... 169% 107% 109 108% Del & Hlid ....195% 187 192% 185 Del & Lack ...139 137% 138% 137% Erie ,T.. 63% 62% 63% 62 Va Erie 7st pfd ... 63% 62% 63% 62% Gt No pfd 100% 99% 100 Va 99% Lehigh val ...100 97 98% 96 K C South 64% .62% 64 62>/a L & N .....156%* 154 155’/a 154 M K & T ... 43 41% 43 41% Mo Pac pld ....116 113% 115 113% N Y Cen 164% 162 Va 164% 162% N Y N H & H 56% 55 56 55% No Pacific 101% 99 100% 99 Nor & W 197 193% 196% 194 Pere Marq 131 129 161 129% Pennsy 65% 65 65 V* 65% Reading 110% 107 109% 108 Southern Ry ...145 143 144% 139% Southern Pac ...121% li9‘/4 121% 119% St Paul 17% 16% 17% 17 St Paul pld ... 34 33 33% 33% St L & S W... 82% 79% 82% 79% St L 8s S F ....110% 109% 110% llOVa Union Pac 196% 193 Va 195% !93 Wabash 69% 67 68% 67 Wabash pfd ... 94% 93% 94%. 93% Rubbers— Ajax 9% ... 9 9% Fisk 16% ... 16% 38% Goodrich 87% 86Va 86% 86% Goodyear 60% ... 59% 59% Kelly-Spg ...... 29 28 28% 29 U S Ruober ... 56 54’% 55 55% Equipments— Am Car & F ...103% 103 J 03% 103 Am Loco 107% ... 107% 108 Am Stl Fd 55% 55 55% 55% Bald Loco 255 252% 254 % 254 Gen Elec 133% 131% 132% 131% Gen Ry Signal ..127% 123% 126% ... Lima 56% ... 56% 56% N Y Air Bk .... /. 41% Pres Stl Car... 70% 70 70% 70% Pullman 83% 82% 83 V 83 Wsth A B 47 46% 46% 46% Wsth Elec 94% 93 93 Vi 92% Steels— Bethle 55 54% 54% 54% Colo Fuel 79% 77 Va 8% 78% Crucible 86% 86 86% 86% Gulf St Steel 50 Inland Steel .... 54% ... 54 54% Phil RCA 1.... 45% 44 45% 44% Rep Steel 61 59% 60% 99% Sl-Shef in U 8 steel 146% 144% 144% 144 Alloy 28% ... 28% 28% Vanadium 57 56 57 55% Motors— Amer Bosch .... 24% ... 23% 24 Chandler 17% Chrysler 58% 57 o 7 57% Cont Motors .... 11% ... 10% }1 Dodge ......... 17 18% 1( 16% Gabriel ........ 34% ... 33’/a 34’/a General Motors 129% 127% 127% 128% Hudson 68% 67% 67% 68 Hupp 32% 31 32 30% Jordan 16% ... 15% 10% Mack 11l 108% 109% 109% Yellow Cab .... 31% 30% 30% 30% Moon 7% 7 7% 7% Nash 93 91% 93 90% Packard 53 ... 52% 92% Peerless 28% ... 25 26% Pierce Ar ..14 ... 14 13% Studebaker 58% 57% 57% 58% Stew War .86 84 84Va 83% Timken 130 127% 129% 127 Willvs-Overland 15% 15% 15% 15% White Motors .. 35Vs 35 35% 35% Anaconda 53 52’,a 52% 53 Cer De Pas 67% 66% 66% 67% Green Cab 110 98% 109% 94 Va Inspir 19% 19% 19% 19% Int Nick 70% 68% 70% 6f% Kennec 82 . 81% 81% 82% Magma 48%! 48% 48% 48% Tex O & 5u1.... 72% 70, 71% 70% U S Smelt 46 44% 45 Vs 44% At°ReT 114% 113% 113% 114 Cal Pete 22% ... 22% 22% Frep Texas l r Va 95% 99 95% Houston 65 160 163 169 Va Indpt Oil ...... 24% 24% 24% 24% Marland OU .... 34% ... 34% 34% Mid Con Pete.. .. ... 28% Lago 83Vir ... , 33% 33 Pan Am Pete B. 48 V* 46% 46% 48 Pro and Refg.. 25% 25 ✓ 25% 25% Phil Pete 41% 40% 40% 41% Union OU 43% ... 43% 43% Pure OU 25% ... 25% 25-ja Royal Dutch.... 47% ... 47Vi 48 Shell 26% 26 26% 26% Sinclair 17% ... 16% 16% Skelly 26% ... 26% 26% SO of Ca! 55% ... $5% 55% S O of N J 89% 39% 39% 39% SOof N Y 31% 31% 31% 31% Texas Cos 53% b 2% 52% 53% Trans Pete .... 9 ... 8% 9Vs White Eagle .... 22 ... 22 22 Industrials— v Adv Rumely.... 13 IS IS 13% Allis Chaim ... 115% ... 114% 115% Allied Chem ... 151% 160% 150% 150 Armour A 11% 11% 11% 11% Amer Can 71% 70% 70% 71% Amer H and L 12 Am Safety R ... 58% ... 57 68% Afiter Wool 22 ... 22 22% Amer Linseed... 71 68 70 68% Coca Coin 126% 125% 128 124% Cont Can 81% 80% 80% 80% Cert Prods 53% ... 62% 53% Dav Chem 33% 34 37 34 Dupont 817% 316 Va 317% 318% Famous Players 110 109 110 109 General Asphalt 83% 81V* 81% 82% Int C Engr 53% 62% 52% 52% Int Paper 77% 75% 77 76% Int Harv 241 ... 239 240 Vs Lambert 83% 83% 83 82Va May D Stores... 88% .. 88 87% Mont Ward ... 111% lOat: 109% 106 Va Nat Lead 131 ... 129% 131% Owen Bottle ... 85 84% 84% 84 Radio .. —J)B% 93% 944* 97 Real Silk .....Tj4% ... 21% 24% Rem Type . ... 24Va 24% 24% 24Va Sears Roebuck.. 87% 85% 85% 85V* Union Carbide.. 151% 149% 150V* 149% United Drug ....191% 190% 191% 194 Univ Pipe .... 26 Va ... 26 26% U S C I P 221% 220% USIn A1 97% 89y ( 95% 89 Woolworth 198 193% 195% 195% Utilities— Amer T & T .. 179 177% 178% 179 Amer Express .. 172% ... 171% 172% Amer W W .... 60% 60% 60% 61 Brklyn Man ... 55% Col Gs &El .... 91% 90% 91% 91% Cons Gas 118% 117% 118% 118% Interboro 34% Nor Amer Cos ... 62% 61% 62 62% Peoples G ... 167% Phlla Cos 128 Std Gas <fc Elec.. 61% 61% 61% 61 Vs West Union ....170 169% 167 Shipping— Amer Int Corp. 58% 57% 58% 57% Amer 8 & O 4% Atlantic G 42 41 41 39% Int M M pfd 38 Va United Frt 139% ... 141 Foods— Amer Sugar ... 70 69 % 69% 69% A B Sugar 16% Austin N 5% Beech N 70% 70% 70% 71 Cal Pkg 66% 65% 66 66 Corn Prods .... 66% 65% 66% 67 Cuba C pfd ... 31 ... 30Vs 30% Cuba A Sug ... 20% ... 19% 20 Flelschmann ... 69% 68% 69% 68% Jewel Tea 77 76 76% 75 Nat Biscuit .... 168 162% 167% 161% Punta Ale 30 ... 30 30% fostum 123% 121% 123 121% Ward Bk B .... 30 ... 29% 30 Tobaccos— Amer Sumat ... 84 ... 63 % 63% Amer Tob 180 ... 178 177V* Amer T B ....179% 177 177% 176% Cons Cigars .... 79% ... 78% 79 Gen Cigars 71% 71% 71% 72% Liggett 122% ... 122% 122% Lorlllard 40% 40% 40% 40% R Y Reyn mV* 157 157% 157% Tob P B 107% 107 107% 107 Va Un Clg Store ..34% 34 34% 34 Schulte R S .. 51% 51% 61% 51%
Cash Grain
bid for car lota of grain at the call of the Indianapolis Board of Trade, f. o. b. basis 41 Vie New York, were: Wheat—Steady: No. 2 red. *1.3301.35; No. 2 hard. *1.2501.27. ® ’ Corn—Strong: No. 3 white, 83 085 c; No. 4 white. 82®83Vic: No. 3 yellow, 85Vi© 87c: No. 4 yellow, 84 0 85Vic' No. 3 mixed, 81©83c; No. 4 mixed, 80082 c. Oats—Firmer;. No. 2 white. 48%@51%e; No. 3 white. 48 0 50c. Hay—Weak; No. 1 timothy, *13.50 0 14: No. 2 timothy. *12.50013; No. 1 light clover mixed, *13.50014; No. 1 clover mixed. *l3O 13.50; No. 1 clover hay, *13.50 014150. —lnspections Wheat —No. 2 red, 1 car; No. 2 mixed. 2 cars. Total. 3 cars. Corn—Sample white, I car: No. 4 yellow, 3 cars; No. 5 yellow, 1 car; No. 8 yellow. 2 cars; sample yellow, 5 cars. Total. 12 cars. • Oats—No. 2 white, 7 cars: No. 3 white. 2 cars; No. 4 white, 1 car. Total, 10 cars. New York Curb Market —Dec. 8 Bid. Ask. Anglo American 18% 19 Vi Atlantic Lobos IV4 IV2 Continental Oil 18% 18% Galena Signal ... 7 7% Humble Oil 1 65% 66 Imp Oil of Canada 60V4 60'/a *lnd Pipe Line 78 79 Int Pete .. 33% 34 Ohio Oil 63 Vi 64% Prairie Oil and Oas 49 49% Prairie Pipe Line 180 181 Standard Oil Indiana 78% 79 Standard Oil Kansas 15% 15% Standard Oil Kentucky 121 Vi 122 Vi Standard Oil Nebraska 43 Vi 43 Vi Standard Oil Ohio 78 Vi 80 Vacuum Oil 142 142 Vi Mountain Prod 24% 25 New Mex and Ariz Ld 9% 9% Salt Creek Prod 30% 30% Land of Florida 22% 23 Durant Motors. Del 9 9Vi Dubilier 2% 2 Vi Elec Bond and Share 75% 76 Vi Elec Investors 43% 44 Ford of Canada 651 657 Midvale Ccmpany f. 39 Vi 42 National Leather 3Vi 3Vi Reo Motors 26 26% Serv El 3% 3% Stutz Motor 17 17% Cities Service com 51 Vi 51% Cities Service pfd 94% 94% Cities Serv Bankers 25Vi 27 •Ex-div.
HEAVY PORKERS DROP 10 CENTS AT STOCKYARDS
Pigs* Lights and Middleweights Steady as Top Drops to $9.10. —Hog Price Range— Nov. Bulk. •. Top. Receipts. 26. 9.00® 9.40 9.40 3,500 28. 9.00® 9.40 9.40 9,000 29. 8.75® 9.10 9.10 14.000 30. 8.75® 9.00 9.00 9,000 T- 8.75® 9.20 9.20 5.000 2. 8.75® .10 9.10 8.000 Heavy hogs were 10 cents lower on the hundredweight at the local stockyards today following a 20-cent spurt Thursday. The top dropped to $9.10 and most animals weighing 180 pounds upward sold at $8.90 @9. Receipts were estimated at 8,000 with 1,219 holdovers. The Chicago market opened slow with 24,000 fresh animals and 17,000 holdovers in the pens. Most early sales of animals weighing 200 pounds down were 10 to 15 cents higher. Salesman were asking around 49-25. Vealers were 50 cents off on the local market selling at sl6 down. There was little change noted in the sheep and lamb market. Heavy Hogs Down * With the exception of heavy porkers, hogs were steady, packing sows selling at [email protected]. Pigs, 90130 pounds, were $7.50 @8.25, and lights weighing 130-160 pounds at [email protected]. Animals in the i6O- - pound class brought $8.75@9. H&vy material in the 200-250 and 250-300 pound divisions were down 10 cents on the top selling at s9® 9.10. In the cattle market the tone was steady. Beef steers sold at $12@15 and cows at $7 @8.50. Low cutter and cutter cows went at $4.50 @6 and bulk stock and feeder steers brought $7.50® 9. About 900 were brought to the yards.
Calves Drop Best vealers were down 50 cents' selling at $15@16 and heavy calves were unchanged at [email protected]. Approximately 700 animals were received. Sheep and lambs were fairly steady to strong with 1,100 in the pens. The top was quotable at $14.25. Bulk fat lambs were up 25 to 50 cents at [email protected], and culls v.ere unchanged at [email protected]. Bulk fat ewes sold at $4.50 @6.50. —How— Receipts, 8.500; market, steady to lower. Packin* sows $ 7.25® 8.50 90-130 ibs 7.50® 8.25 130-160 Hm 8.25® 8.75 160-200 lbs 8.75® 9.00 200-250 lbs 9.00® 9.10 250 ibs. up 9.00® 9.10 —Cattle— Receipts, 900; market, steady. Beef steers $12.00®15.00 Beef cows 7.00® 8.75 Low cutter and cutter cows.. 4.50® 6.00 Bulk stock and feeder steers.. 7.50® 9.00 —Calves— Receipts,' 700; market, lower. Best veclers $15.00®16.00 Heavy calves 6.50® 9.50 — Sheep and Lambs— Receipts. 1,100; market, strong. Top fat lambs sl4 25 Bulk fat lambs $13.00®13.75 Bulk cull lambs 7.50® 10.50 Fat ewes 4.50® 6.50
Other Livestock Bu United Press •CHICAGO. Dec. 2.—Cattle—Receipts, 4.000; no well finished steers here; lower ?rades less active than Thursday, steady o weak: bulk selling at sl2 downward to $10.25; she stock active and strong; cutters and common and medium fat cows and heifers predominating; bulls, strong; vealers, 25c lower; most low cutters. $5.25, strong weight cutters up to $6; vealers. $12.25@1J to big packers; outsiders, sl4® 14.50. Sheep—Receipts, 6,900; shippers, active for light supply choice heavy weight lambs; fat lambs fairly active. 15® 25c higher than Thursday; choice lambs up to $14.40; best held higher; good offerings, sl4® 14.25; heavyweight lambs, $13.35® 13.85; sheep, steady: desirable fat ewes, $6.25®6.75 mostly; feeding lambs supply light, quality plain; comebacks unchanged at $13®13.T5. Hogs—(Soft or oily hogs and roasting pigs excluded)—Receipts, 24,000; market, better grades mostly 10® 15c higher; others, strong to 10c up; heavyweight. 250-350 lbs., medium to choice, $8.75®9.10: medium weight. 250-250 lbs., medium to choice, $8.50®9.10; light weight, 160-200 lbs., common to choice, $8®8.75; light lights, 130-160 lbs., common to choice. $7.25® 8.50; packing sows, smooth and rough, [email protected]; slaughter pigs, 90-130 lbs., medium to choice. $6.75®7.75. B CINCINNATL e *Dec. 2.—Hogs—Receipts. 5,700: holdovers, 1,982; market, steady to 10c lower; 250-350 lbs.. [email protected]; 200250 lbs., [email protected]; 160-200 lbs..< [email protected]: 130-160 lbs., $8:25®8.75; 90-130 lbs., s7® 8.35; packing sows, s7,® 7.75. Cattle—Receipts, 600. Calves—Receipts, 850: market, active; heifers higher; beef steers, s9®l4; light Yearling steers and heifers. $8( 13.50; beef cows. 06®8.25; low cutter and cutter, $4.75®5.50;’ vealers, sll® 15; heavy calves, $10®13: bulk stock and feeder steers, $8®9.50. Sheep—Receipts, 250; market, steady; top fat lambs, sl4; bulk fat lambs. $10®13.50: bulk cull lambs, $7 @9; bulk fat ewes, s4@6.
Bu Times Sneclal LOUISVILLE, Dec. .. 2.—Hogs—Receipts. I, market steady; heavies, *9.15; mediums. *8.75; lights, *8.15; pigs, *5.950 6.95; roughs. *6.1507.15; stags, *6.15. Cattle—Receipts. 200; market steady; calves, receipts 200; market steady; good to choice. $11.50013.50: medium to good, *OO 11. outs, *9 down. Sheep Receipts, 100: market steady; top lambs. *11.500 12; seconds. *607: sheep, *305. Thursday’s shipments: Cattle. 91; calves. 183; hogs. 629; sheep. 272. Bu United Press PITTSBURGH. Dec. 2,—Hogs—Receipts, 3.000; market steady; 250 to 850 lbs., *9.10 ©9.23; 200 to 250 lbs., *9.1009.25; 160 *D 200 lbs.. *909.25; 130 to 160 lbs.. *8.250 9.10; 90 to 130 lbs.. *808.25; packing sows. *7@B. Cattle—Receipts none; calves, receipts, 100; market for veals strong to higher; beef steers quotable *11013.75; vealers. $15017. Sheep Receipts. 300: market strong to 25c higher; top fat lambs. *ls: bulk fat lambs. *13014.75; bulk cull lambs. *7.50010. 811 United Press EAST BUFFALO. Dec. 2—Hogs Receipts. 10,000; holdovers, *7.05: market steady; 250 to 350 lbs.. *909.35; 200 to 250 lbs.. *6O 9.25; 160 to 200 lbs., $8,850 9.25; 130 to 160 lbs., *8.3509: 90 to 130 lbs., $808.50; packing sows, *7.2508. Cattle—Receipts. 200; calves, receipts, 700; market strong to 25c up; calves 50c tip; vealers, *16.50017. Sheep—Receipts, 2,500; market 25c up: bulk fat lambs, *ls; bulk cull lambs, *11012; bulk fat ewes, $607. Bu United Press CLEVELAND, Dec. 2.—Hogs—Receipts, 1,200; market, 250 40c higher; 250-350 lbs., *9.25; 200-250 lbs., S9.XP; 160-200 lbs.. $9.15 0 9.25; 130-160 lbs.. *8.2509.25; 90130 lbs., *808.25; packing sows. $7,500 7.75. Cattle-Receipts. 150. Calves—Receipts, 150; market, steady; beeP steers, $9.50011.25; beef cows. $608; low cutter and cutter cow*. $4.5005.50; vealers. $l3O 16.50. Sheep—Receipts. 1,000; market, 25 ® 50c higher; top fat lambs. sls;'bulk fat lambs, $14.25014.75: bulk cull lambs. $10.50 @l2; bulk fat ewes, *[email protected]; bulk feeding lambs, *llOl2. Bu United Press . . TOLEDO. Dec. 2.—Hogs—Receipts. 650; market 15@25c higher: heavies. *8.7509; mediums. *8.75(5,9; Yorkers, *8.59 0 8.75; good pigs. *808.57. Cattle—Receipts, light; market strong: calves, receipts light; market steady. Sheep and lambs—Receipts, light; market strong.
Local Wagon Wheat
Local grain elevators are paying *1.31 for No. 2 red wheat. Other grades are purchased on their merits.
Louis Shelton Wins Limerick No. 1 Contest BY LIMERICK LARRY. Here are the winners of Limerick No. 1! Mayor Slack, who picked the winning “last lines,” admitted the task was difficult—there were many good “last lines" submitted—but that “flaapper with skirts to her knees,” just had to have something “definite” done about her predicament, so here’s the limerick and the winning lines: A flapper with skirts to her knees, Out walking one day in the breeze, 4 Caught a coldMn her head • And afterward said: “YOU’LL SEE MORE OF ME WHEN I SNEEZE.” Louis Shelton, 222 E. Ohio St., is the author of this line which wins him $5 and a chance at the S2OB Stewart-Wamer console radio, donated by the National Furniture Company, 335 W. Washington St. The radio, you know, goes to the author of the best last line submitted during the three-week contest. Catherine Tate, 327 N. Keystone Ave., won second place and $3 for her line: ‘XET GILLIOM PRESCRIBE FOR ME, PLEASE.” ' Virginia Casmire, 13. of 315 Haarvard Pll., a pupil in James Whitcomb Riley school, submitted the third best line aand won $2. Her line, which accompanied a clever drawing of the flapper curing her cold, was: “I DIDN’T THINK IVORY WOULD FREEZE.” \ Many contestants are going to see by these results how close they came to winning. Keep it'up—the person who comes close often enough is bound to win in the end! Remember neatness counts—this doesn’t mean your answer has to be elaborate, two of the winners used coupons, upon which to write their "last lines.” Read the rules and get in the game—it’s great fun: 1. Write the cleverest’ and most fitting last line you can think of. 2. Contestants may use the coupon in The Times or may send in their “last line” on any separate paper. They may send in as many “last lines” for each limerick as they wish. 3. The paper or coupon must bear the same number as the coupon which contains the “last line” limerick as rinted in The Times of that day. 4. If any two or more contestants supply equally clever and fitting “last lines,” the judges in deciding the winner wiU take into consideration neatness and speUing. 5. Anyone, except employes of The Indianapolis Times and the • Howard newspapers and their immediate families, is eligible to enter this contest. 6. Remember, if you win a prize any day you will, without further work, be eligible for the S2OB grand prize. * ,
Cut Out and Mail to Limerick Larry of The Times (You can brinq this to The Times office, 214-20 W. Maryland St., and deposit it in box provided in the main office if more convenient.)
“Last lines” to limerick No. 7 must be iir The Times office by 5 p. m. Wednesday. Prize winners announced next Saturday. .
While dancing, Diana, one day. Sliced and fell in a heayweight's way; He said: “Are you hurt?” She replied, real curt:
( Write Your Answer ea This Line) Name .. Street and Number I City and State
Commission Row
PRICE TO RETAILERS Apples—Fancy barrel apples: Jonathans *8.50; Bellflowers, *7.50: Batymens. *8.50 @9; Grimes Oolden. *9. Barrel apples: Grimes Golden, *7.50; Bellflowers, *6; Baldwins, $6: Wagners, *6. Box apples: Delicious. *3.7404.50; Grimes Golden. *2.7503.50. Basket apples (40-lb. baskets!: Jonathans. *2.50 03; Grimes Golden. $2.50 02.75; Delicious. $3.25; Wolf River. $2.75 @3: 20-ounce Pippin. *2.50 03: Stavmens, *2.50; cooking, apples. *2 0 2.25; York Imperials, B grade. $1.75; Staymens. B grade. *1.85: Grimes. B grade, *2.25. Bananas—6@Be lb. Berries—Cranberries, S9OIO one-half barrel. , Cocoanuts —Jamaica, $6 per 100. Grapefruit—Florida, S4O 4.75 crate. Grapes—Callfornlt Emperors. *6 keg; $2.50 lug; California Almerla, $2.75 lug. Kumquats—Florida. 25c quart. Lemons —California, $7.5009.50. Limes—Jamaica. $3 per 100. Melons—California Casabas. $3 crate. Oranges—California. $5.50 0 8.50 crate; Florida. $406. „ „ Pears—Washington Bose. *6.25 per box; Florida Avocados, $5 per dozen: Washington D'AnJous. *6 box. Persimmons—lndiana. *1.16 crate. Pomegranates—California, $3 crate. Satsumas—Alabama, *2.75 half bu. Tangerenes—Florida. *4.25 a crate. VEGETABLES Artichokes—California. *2 per dozen. Asparagus—California, 75c per month. Beans—Southern, $2.2502.50. Beets—H. 0., 35c dozen. Brussels Sprouts—2sc lb. . Cabbage—H. G.. l%@2c lb.; red cabbage, *1775. , . _ „ Carrots—H. 0.. 40c doz.: bulk. *101.25 bu. Cauliflower—California. *2.75 crate. Celery—Michigan, *1.35 flat crate; Michigan rough, *3 per 2-3 crate: Michigan washed. 50c@l doz. Celery Cabbage—*l doz. Chives—Pots, $1.50 doz. Cucumbers —Hothouse. $2 doz.; southern, $1.25 doz.; Florida. $6 crate. Eggplant—H. G„ $2.25 do*. Endive—so doz. Gaelic—California, 15c lb. Kale—H. G.. 75c bu. Leek— 50c bunch. . . Lettuce—Crjifornla, head,-* $6.50 crate; hothouse, leaf, $1.35 15 lbs. Mushrooms—7sc lb. . Onions—Spanish. $2.3502.50 crate; Indiana white, $2.50 per 100-lb. bag; Indiana yellow, $2 per 100-lb. bag. Oysterplant—4oc doz. Parsley—6oc doz. bunches. Parsnips—sl.3s bu. . ' Peas—California telephone, *5 hamper. Peppers—Finers. 75c peck; Florida mang< white, *2.90 150 lbs.; Minnesota Russets, *2.40 120 lbs.: Minnesota Red River Ohios. *2.35 120 lbs.; $2.40 cwt.;' Idaho Bakers, *3.50 box. Radishes—Hothouse buttons, $X dozen: Southern long red, 35c dozen. Rutabagas—sl.7s per cwt. Shallots—7sc doz. Spinach—H. G., *1.35 bu. Spinach—H. G., *1.25 bu. Sweet Potatoes diums , $1.50 bu.; Eastern Shore. *2.75 bbl • Indiana Jerseys, $2.25 bu.; Nancy Hall, $1.60 hamper. _ Tomatoes—Hothouse, $3.50 per 10 lbs. Turnips—H. G.. 85c bu. OYSTERS Standards—s2.so gal.; select.. $2.75 gal. / CIDER Cider—*s.so 14 gal.; *4.60 6-gaL ease, *4.75 13 half-gal. Jars.
In the Sugar Market
(By Thomson & McKinnon) NEW YORK, Dec. 2.—Sugar was moderately active nad firmer with Indications of European covering, especially in the far months, while local trade houses were covering the near positions. At the higher levels contracts were supplied by local professionals. The strength here was largely a reflection of the stronger London market, which had placed a bullish lnteroretatlon of the results of the Berlin conference. There was some expectation of sales of raw sugars at an advance of the previous prices, but nothing had been confirmed up to a late hour. The feeling among houses in the trade is that If the questions that have been agitating the trade can only be definitely settled it will be possible to go ahead with legitimate market operations, which should make for higher prices. RAW SUGAR FRICES High. Low. Close. January 2.84 2.82 2.83 March .. 2.87 2.84 286 May 2.95 2.93 3.94 July 3.03 3 00 3.02 September 3.10 1.08 3.09 December XB3 2.77 2.81
LIMERICK NO. 6
Indianapolis Stocks
—Dec. 3 —Stocks— Bid. Ask. Amer Central Life 550 Amer Creosotlng Cos pfd 101 Vi 102 ,i Belt R R com 67 Vi 68 V 4 Belt R R pfd 59 •Cent Ind Power Cos pfd 94 95% •Citizens Gas Cos com 56Vi ... •Cltltzens Gas Cos pfd 160 Cities Service Cos co m 61% ... Cities Service Cos pfd 94% ... •Commonwealth Loan Cos pfd. 99 ... Equitable Securities Cos com. 51 Hook Drug com 30% ... Indiana Hotel com (Clay Bool). .125 Indiana Hotel pfd ....fTT....101 Indiana Service Corp pfd 85 Indianapolis Gas com 61 62 Indpls & Northwestern pfd ... 53 Indpls P and L 6%s pfd....103 104 VI Indpls F & L 7S pfd 101 102% Indpls Pub Wei Ln Assn .... 47Vi ... Indianapolis St Ry pfd 40 42 Indpls water Cos pfd 103 Indpls Water Wks Sec Cos 98 Interstate P S j>r lien pfd.... 103 111 Interstate P S 6s pfd 86Vi ... Merchants Pub Util pfd 100 North Ind Pub Service pfd... 98Vi 100 Progress Laundry com 25 Rauh Fertilizer pfd 60 Real Silk Hosiery pfd T H I & E com 1% ... T H I & E pfd 24 ... T H Trac and Lt Cos pfd.... 92 Union Trac of Ind com Vi Union Trac of Ind Ist pfd 1., Union Trac of tad 2d pfd % Union Title Cos com 85 Van Camp Pack Cos pfd 10 Van Camp Prod Ist pfd 96 100 Van Camp Prod 2d pfd 100 —Bank Stock*— Aetna Trust and Say Cos 120 125 Bankers Trust Cos 140 ... City Trust Cos 150 ... Continental National 123 ... Farmers Trust Cos 245 ... Fidelity Trust Cos 162 •Fletcher American 177 Fletcher Sav and Trust C0....275 Indiana National Bank ..266, 268 Indiana Trust Cos 236 Livestock Ex Bank 162 ... Marlon County Bank 216 ... Merchants Nat Bank 328 Peoples State Bank 236 ... Security Trust Cos 275 State Savings and Trust 100 Union Trust Company 475 ... Wash Bank and Trust Cos 163 Bond* Belt R R and Stockyards 45.... 90Vi ... Broad Ripple 5s 80Vi 82 Central Indiana Gas 6s 98 Cent tad Power Cos 6s 103 ... Chi S Bend dc N tad 3s 18 ...< Citizens Gas Cos 6s 104 105% Citizens St RR 5s 67 Vi 88 Vi Gary St Ry 5s 89 91Vi Home T & T of Ft W 6s 103% ... Indiana Hotel 5s 100 Indiana Northern 2 Indpls Northern 6s 12 15 Ind Ry and Lt 6s 95 ... Ind Service Corp 5s 95 tad Union Trac 8s 2 Indpls Col & South 6s 99 101 Indpls Gas Cos Js 101 101% Indpls & Martinsville 6s 81 Vi ... Indpls Northern 5s 13 17 Indpls & Northwestern 55.... 83 Indpls Power and Lt Cos Cos ss. 100 100% Indpls St Ry 4s 68 68Vi Indpls Trac As Term 5s 95% 96% Indpls Union Ry 6s 102 Indpls Water 5%s 104 105 Indpls Water Ist 5s 99 ... Indpls Water 4Vis 97Vi ... Indpls Water Wk Sec Cos 65.. 99 ... Interstate Pub S 65... 104 ... Interstate Pub S Bs 6%s IOSVi ... N tad Pub Serv Cos Ss 99Vi ... T H I & E 6s.v 90 T H Trac and Light 5s 99 ... Union Trac of tad 6s 10 13 •Ex-dlvldend. —liberty Bonds— Liberty Loan Ist 3Vis 102.15 102.30 Liboity Loan Ist 4V4S 103.38 103.52 Liberty Loan 3d 4%s 100.60 100.90 Liberty Loan 4th 464s 104.02 104.20 U S Treasury 4%s 115.46 115.60 U S Treasury 4a 110.60 110.76 U S Treasury 3%s 107.46 107.60 U S Treasury 3%s 100.04 1C0.32 U S Treasury 3%s 102.60 102.76 —Sale* 1 Indpls. St. Ry. 4 65% Chicago Stocks Open. High. Low. Close. Armour Del pfd 88 ... A. Armour Ills pfd 70 70 69 % 70 Auburn Motor ..116 115 113 114% Lib McN & L.. 9% Middle West ....120 120% 119%' 120% Swift <b Cos ~..127 127% 127 127 Swift tatl .... 29% 26% 25% 28 Borg & Beck ... 72 72% 71% 72% Illinois Brick.... 41% 42 41% 42 Yellow Cab 43 43% 43 43% Thompson 59% Ees 13 Gossard 43 43 42% 42% Movrsant 37% 38 V\ 37%
INTEREST, DIVIDEND PAYMENTS ARE HIGH
New Record Made in Distribution! Over Country. Bu United Press NEW YORK, Dec. 3.—lnterest and dividend distribution Friday totaled approximately $500,000,000. Anew high record for first of December payments. Previous estimates had placed tlje figure at $300,000,000.
The total includes corporate payments of $160,000,000 In dividends and $260,000,000 in interest together with $75,000,000 interest for holders of United States treasury bonds. Banks were under a heavy burden to meet the large withdrawals and their calling of loans forced the money renewal rate to 4% per cent, compared with 3Vi per cent a week ago.
BOOZE FOUND IN COUPE
Discovery of thirty-six bottles of alleged Scotch whisky in two suitcases in en expensive coupe at Meridian anu Georgia Sts., by Federal Prohibition officers late Thursday led to the arest of Harry Wilson, when a card bearing his name was found in the machine. Wilson lives at the Denison. He was held pending invesitgation. *
GIVE GIFTS* THAT LIVE | In your search for gifts that \ will give lasting joy, you will) not go wrong if you s e 1 e c 11 r.™ POTTED BOSTON FERNS, 51.25, OScOUCI If your mother, wife, Bister or laxly, friend has not rot a Boston fern, I then she surely will appreciate one > of these. You’ll be surprised how ; beautiful the 50c one is, GIVE BULBS IN A BOWL 1 Paper White Narcissus with bulb! fiber to plant in, and bow), in rift! box. Complete—soc <£"| GO ! and SJ.vU . GIVE A CANARY Will give beau-^rj>. ty and joy in* i any home for a [ j. whole year. Im- l, KaSbJk ported Harz y - j Mountain ruar- \ anteod sinpers; Ava. CM $7 to $9 values wk > W'-v-;hsr j for St. 79 and tWBa. A few very fancy col orc-d. ■ Give a- - TOO j n choice of colon,! Full circle, C 0.75 ! | md Crescent. $5.75 fflllllitmMW Some new patterns ! ! in brass eapea aaxl 1 sfToo * 6 * 36 10 Gilt stand, vtry' pretty, $1.98. i Give Gold j Fish 1 Fascinatinp pet*. / 1 Physicians recom- f™ 6 ! mend them as one I I ; of best prescrip- I 1 i tions for nervous I . 1 1 patients and shut- I 1 ! Seven tnterrotlnr j I | kinds, 20eto I 1 1 $2.50 each. I 1 | Avery complete I I ; , line oi bowli, I 1 I stands, aquariums I i from 25c to sls. df"™ i A CHRISTMAS ' \ ' i SPECIAL <y V i ! 2-Gallon bowl, floor stand, eaetlc ] i and pearl chips. fi*l ffQ 1 i Only U ' { Foods and Remedies for AH Pets. I Or Give This “Little Wonder” ! ELECTRIC CORN POPPER
./re Popular Tenter I Only I B]f Packed In a gift box. Wo will small J 1! them to your friends, without extra fr S expense, If you wish. jjd Guaranteed popcorn—Lb., 15| X for M. lie Christmas Spirit 5 idqunrters for all holiday vj tor homes, stores, offices, K utels, etc. We manufacture. 8 @)SeeJ&api shington. -5 N. Alabama. J 4740. Lincoln 4055. id
Funeral Director* w. T. BLASENGYM Main office, 2226 Shelby St. Drexel 2570. UNDERTAKERS. 931 N. Pelaware EY * ' rITPS - u. M2B KRIEGER, WM. E. FUNERAL DIRECTOR. 1402 N. Illinois St. Main 1164. Res.. Bel. 866-B ) George Grinsteiner Funeral director. 622 E. Market. Main 0908. J. C. WILSON; funeral parlors, ambulance service and modern automotive equlpment Dr 0321 and Dr 0323. BERT S. GADD. 2130 PROSPECT ST. • DREXEL 5307 Auto Supplies and Repair* USED TIREB * Wholesale and Retail. L. SELIO & SON. 23 8. EAST. SERVICEABLE USED TIRES. WHOLESALE AND RETAIL SALE. Bel. 4300. ROGERS. 3117 W. Wash. USED TIREi with tubes; *2 and up. LANCABTER TIRE AND RUBBER CO.. C*pltol and Ohio Sts. Lin. 8986. 1 Automobile* Wanted WILL pay cash for your car or your equity. L WOLF AUTO CO. Lin. 4516. 561 N. Capitol. USED CARS BOUGHT AND SOLD. GOLDBERG _ BROS., 543 N. CAPITOL. UNCOLN 4634*
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