Indianapolis Times, Volume 41, Number 181, Indianapolis, Marion County, 9 December 1929 — Page 15
DEC. 9, 1929.
HEAVY OEW<*ND FORCES/WOTOR SHrfS HIGHER Auburn Auto Stock Gains 5 Points in Early Session.
Average Stock Prices
Average of twenty Industrials for Saturday was 263 46. up 3.34. Average of twenty rails was 151 64. up 36. Average of forty bonds was 94.57, off .01. ItV 1 sited Press NEW YORK, Dec. 9.—Heavier demand for money for the stock market caused a firmer tone in both time and call money rates. But this did not deter buying operations, which went ahead at such pace that tickers were forced behind nearly a half hour before noon. A few stocks made substantial gains, but on the whole the market moved narrowly, with the majority of issues headed higher. There were a few losses due to profit-taking. A move in the motor shares got under way, with General Motors soaring more than 3 points. United States Steel rase more than 2 points and gains ranging to more than 2 points were made by American and Foreign Power, Vanadium, Missouri-Kansas-Texas, American Telephone, Montgomery Ward and American Can. Joining Genera] Motors in the first real rise in the motors in many weeks were Chrysler, Hudson, Nash, Packard, Willys-Overland, Studebaker and Mack Trucks. Auburn Automobile soared s’i points to 21C around noon. The issue also was strong on the Chicago Stock Exchange. Auburn earlier this year was as high as 514. In the recent break it dropped to 120. At today’s price of 210 the issue had recovered 90 points of its loss a few weeks ago. On the losing side of the market were Standard Brands, General Electric, International Telephone and Standard Oil of New' Jersey. Firmness in call money w ; as also caused by preparations of the banks for the Dec. 15 requirements which will involve many millions. Sales at, noon totaled 2,500,700 shares, compared with 3,002,500 in the same period Saturday, and 1,775,400 on Friday.
Banks and Exchange
INDIANAPOLIS STATEMENT Indianapolis bank clearings Monday Dec. 9, $3,974,000; dbeits $6,346,000. NEW YORK STATEMENT Bui nited I'l ess NEW YORK. Dec. 9.—Bank clearings $661,000,000 clearing house balance $151.000.000; Federal Reserve bank credit balance $125,000,000. TREASURY STATEMENT Bu Unit) and Press WASHINGTON, Dec. 9.—Treasury net balance Dec. 6, $94,582,437.18. customs receipts for the same month to the same date $8,964,745.19.
In the Stock Market
(Bv Thomson & McKinnon) NEW YORK. Dec. 9.—The movement toward split ups and stock dividends gives promise of spreading, and during the coming week it would not be at all surprising if announcements from one or two other of our larger companies followed the lead of National Biscuit and General Electric. Naturally, companies whose shares are selling around or above the S2OO level will be the first to inaugurate recapitalization plans. This evidently has been the basis for the rapid recovery in the values of the highpriced stocks in the moderately priced stock, particularly in the motor and copper groups, have made only a feeble response, but we feel that readjustment in the price of many of them will sooner or later get under way. Copper companies have succeeded in maintaining the 18-cent. level for metal and with one of the principal units in the automotive trade advancing prices, investors are quite likely to be attracted to the exceptionally high yields still obtainable in these groups. It is quite possible, also, that the railroad consolidation plan will be announced during the coming week and a better demand for railroad shares would be the logical result. All in all, the market acts well and we still feel that moderate recessions should be used for purchases.
Local Wagon Wheat
City grain elevators are paying $1.21 for No 2 red wheat and $1.15 tor No. 2 hard wheat. LOCAL FIRM BANKRUPT Real Estate House Files Petition; Three Others Do Likewise, Voluntary bankruptcy petition, voted by directors and stockholders Saturday, was riled today in federal court by Charl.es E. Holloway & Son. Inc., 140 North Delaware street, real eetate firm Statement of liabilities and assets was not included. Three other voluntary bankruptcy petitions were filed today. Harry Carmichael, Bartholomew county farmer, listed $2,035 liabilities and $595 assets: Raymond Crist, Decatur county farmer, listed $5,512 liabilities and $332 assets, and Burch S. Davis, Kokomo business man, listed $3,343 liabilities and $485 assets. Marriage Licenses Fmest W. Dobbs. 24. of International Falls. Minn., mechanic, and Mary E. Ficke. 24 of 825 West Drive. Woodruff place. James B. Bruce. 3!. of 2117 Moore, salesman. and Edna B. Richey. 20. of 86 North Holmes, saleslady. Earl Hammack. 34. of 1010 Churchman, supervisor and Mary E. May. 22. of 1701 Thaddeus. bookkeeper. Bert K. Redington. 25. of 1456 South Belmont, mechanic, and Norma Eggerdmg, 20. of 1505 South East, Theodore W. Marrow. 21. of 539 West Ve.rmont. tailor, and Alberta L. Palms 19. of 659 Blake. Sutherland Returns to Bench Bv T'nited Pr* *t WASHINGTON. Dec. 9—Justice Sutherland, who has been ill, returned to the supreme court bench at today’s session, apparently in exafPPt heft-1 thi
New York Stocks
—Dee. 0— Prev. Railroad*— High. Low. 12:00. close. Atchison 232 232 232 230 At! Co*st Line 180% Balt * 0hi0... .118*a 118 118 117% Canadian Pac ~193% 199% 199% 199% Chesa & Ohio. 209 % 209 2P9% 209 Che.a Corp .... 62% 61% 61% 62 Baldwin 31% 31% 31% 31% Chi & N West.. 89% 69 89 89% Chi Grt West 12% C R I & P 121 120% 121 121V* Del At Hudson.. .. 128 Del Sc Lacica 148 148 148 147% Erie 63 62% 63 64% Erie Ist pfd ... ... 83% Great Nor 100% 100\ 100% 101 Gulf Mob Sc 011 38% 38% 38% 38 111 Centra! . • 131% Lehigh Valley .. 79 79 79 Kan City Souh 84% 84% 84% 85 Lou & Nash 133% M K & T 46 43% 44 43 Mo Pac pfd 136% 136% 136% 1355% N Y Central 180% 130 180% 179% N Y C & St L 131 NY NH <fe H... .1121s 112% 112% 113 Nor Pac 94 94 94 94 OSc W 15% 15% 15% . . Pennsylvania .. 82% 82'% 82% 82% Pere Marq ... ... 183% Seab'd Air L.... 9% 9% 9% 10 Southern Ry ..137% 137% 137% 138 Southern Pac ..123 123 123 123% St Paul 26 % 25% 25% 25% St Paul pfd.... 47% 47 47 46% St LAt 8 V.’ 68% 68% 66% 66% St L At S F 113 112% 112% 113 Union Pacific ..226% 226% 226% 227 Wee* Maryland 28 27% 28 27% Wabash 52% 52 52% 52% West Pac 25% Rubbers— Firestone 36% 36% 36 1 It 36'/* Fisk 4% 4 4 4 Goodrich 57% Goodyear 77 74% 73 73 Kelly-Spgfld .... 4% 4% 4% 4Va Lee 7 United States... 28% 28 28 28% Equipments— Am Car At Fdy.. 86 86 86 85% Am Locomotive 110 110 110 109% Am Steel Fd .. . 50 50 50 50 Am Air Brake Sh 48% 48% 48% 48% Man Elec Sup.. 23% 23% 23% 23% General Elec ..246 243% 246 250 Gen Ry Signal.. 92% 92% 92% 92% Gen Am Tank.. 98% 96% 96% 95% N Y Airbrake. 44% 44 44 Pressed Sti Car.. 10% 10% 10% 10% Pullman 86*4 86% 86% 87 Westingh Air B. . 49% 49 49% 49 Westingh Elec ..159% 156% 156% 158 Steels— Am Roll Mills.. 93% 91% 93% 90% Bethlehem .... 96 95 95% 96% Colorado Fuel .. 39% 39% 39% 39% Crucible 86 84 86 84% Oulf States Stl.. 53% 53% 53% 53 Inland Steel ... ... 76 Otis 36 35 36 36% Rep Iron & Stl.. 87 85% 85% 85% Ludlum 43 41 42% 41% Newton 47% 47% 47% 47 U S Steel 185 V. 182 185% 183% Alloy 37% 36% 37% 37% Warren Fdy 27 26% 26% 27 Youngstwn Stl ... 111% Vanadium Corp.. 60% 59% 60% 59% Motors— Am Bosch Mag.. 35 35 35 34% Briggs 15 14% 14% 14% Broekwav Mot.. 23% 22% 23% 23% Chrysler Corp.. 37% 36% 37% 35% Eaton Axle 29% 29 29 29% Graham Paige .. 9% 9% 9% 94a Borg Warner ... 35 54% 35 34 Gabriel Snubbrs .. ... ... 6% General Motors 42% 41% 42% 41% Elec Stor Bat.. 85% 84 85% 83% Hudson 53 51*4 53 51% Haves Body Corp 9 9 9 8% Hupp 21% 710 20 20% Auburn 199% 193% 199% 184% Mack Trucks.. 75 74*4 74% 74% Marmon 26% 26*4 26% 26% Reo ... ... 12Vi Gardner 4% 4% 4Vi 4% Motor Wheel ... 27% 27 27% 27 Nash 58 54% 57 53% Packard .... 16% 15% 16% 15% Pierce Arrow ... 20 20 20 19% Studebaker Cor. 45% 43% 43% 43% Stew Warner .. 43% 42% 43% 41% Timken Bear .. 82% 80% 82 81 Willys-Overland 9% 9% 9% 954 Yellow Coach.. 12% 12% 12% 12% White Motor 33% . Mining— Am Smelt At Rig 79 76% 79 76 Am Metals 52% 49% 50% 49% Am Zinc 11% 11% 11% 11 Anaconda Cop .. 83% 80% 83% 80% Calumet At Ariz 88 Calumet At Hecla 33% 33 33 33% Cerro de Pasco.. 67% 66% 67% 65% Dome Mines .... 7% 7Vb 7% 7% Andes 36% 36% 36% ... Oran by Corp .. 57% 57% 5744 56'% Gt Nor Ore 22% 22 22 22 Inspiration Cop. 32%' 31% 32% 31 Howe Sound ... 38% 37% 38% 37% Int Nickel 33 32% 33 32% Kennecott Cop.. 62% 60% 62% 61*4 Magma Cop .... 53 52% 53 51*4 Miami Copper.. .. ... ... 29% Nex Cons 33% 32% 33% 31 Ta Texas Gul Sul.. 59% 59 59 59 St Joe 58 57% 57% 57% Oils— Atlantic Rfg . .. 43% 42% 42% 42 Barnsdall iAi .. 27% 27% 27% 27 Freeport-Texas.. 37% 37 37% 36% Houston Oil 62% 61 % 62 60% Indp Oil At Gas. 24% 24% 24% 24% Conti Oil 27% 27% 27% 27% Mid-Cont Petrol 29% 29 29 29% Phillips Petrol.. 40 39% 39% 39% Prairie Oil 56 56 56 56% Union of Cal ... 47% 47% 47% 47% Prairie Pipe .... 59 58% 59 57% Pure Oil 24% 24% 24% 24*4 Royal Dutch ... 54 53% 54 53% Richfield 29% 29% 29Vi 29*4 Shell 24% 24 % 24% 24*4 Simms Petrol ... ... 56Vi Sinctair Oil 28 27% 27% 27% Shelly Oil 33% 33% 33% 33% Std Oil Cal 65% \65% 65*8 65% Std Oil N J ... 69% 68% 69> 8 69% Std Oil N Y 35% 35'% 35% 35% Tidewater 14% 14% 14% 14% Texas Corp .... 59% 59% 59% 59% Texas CAt O ... 11% 11% 11% llVi Transcontl 9% 9 9% 9% White Eagle ... 28% 28% 28% ... Industrials— Adv Rumley ... 14 14 14 14 Allis Chalmers.. 58% 56% 56% 58% Allied Chemical 280 279 279 283% A M Byers 104% 100',4 100% 101% Armour A 7% 6% 7% 7% Amer Can 123 123% 125% 124'/, Am Rolling Mill 90'% ili'&Sf.-sw. ' 8 Am Ice 40 39% 39% 39% Assd Dry Goods 36 % 35% 36% 34% Bon Alum 54*2 5?% 53% 53 Conti Can 56% 53 06 55% Certainteed .... 16 16 16 16,, Croslev 2312 23*2 23*2 ••• Congoieum 16% 16% 16% 16% Curtiss W 8% 8% 8% 8,2 Davidson Cheni. 34 33% 34 33% Dupont 125 122’/* 121'% Famous Players 54% 53% 53% 54 Gen Asphalt ... 55% 55% 55% 55% Fox A 67% 56% 56% 55% Gold Dust 45% 44% 44% 44% Glidden ....... 38% 37% 38% 97%, Int Harvester .. 88% 88% 88% 88 % Kelvlnator ?% 9% 9% 9% Lambert 103% *25 *2s^ Loews .*•••• 52 3 a 52 52 52 a Mav Stores .... 65% 65% 65% 59,8 Kolster 6 * 6 S^s Montgom Ward.. 6/ 63% 65 4 62 -4 Natl C R 85% 84 84 84% Radio Keith ... 22% 21% 21% 22 s Owens Bottle .. 57% 56% 5,% 56 s Radio Corp .... 53 7 s 42 43 8 43% Real Silk 52 52'4 52% 52^ Rem Brand .... 32 ,21, 8 ,?1 8 inla* Sears Roebuck ..108 104% 107 104% Union Carbide .. 87% 8. 87. a 87 Warner Bros ... 45 44% 44-a 44 /. Un Air Craft ... 47% 46% 47% 46 Pract-or At Gamb 60% 59% 59% ... USCs Ir Pipe.. 21% 20% 21-a 20.* U S Indus A1c0.155 1a3% 155 ... Worthington Pu 82% 82% 82 a ... Woolworth Cos. 79*4 79% 39*. 39% Am“Jrel**At Te 1.235 233% 233% 232*, Am Pr At Lt .... 89 88% 89 88% Ena: Pub Serv... 42 41*4 42 40 4 Am For Power ..101 97% 100'* 93% Am Wat Wts ...105 10d 105 104% Gen Pub Serv.. 40*, 40% 40% 41 I Cos! GAt E ... • 81% 80% 81% 80% I Consol Gas 106% 104% 106% 104*8 I Elec Pow At Lt.. 48% 48% 48% 48 Int TAt T 85% 83* 4 84% 83% I Nor Am Cos 103% 103% 103% 102% j Pac Light 79 79 79 79% ! Pub Serv N J. 84 83% 83% 81% ISo Cal Edison. 60% 59 59 60 I Std Gas A: El .132 131 131 131*, United Corp .... 36% 36% 36% 36% Utilities Power.. 35% 34% 35 34 United GA: Imp 33% 32*, 33% 33% West Union Te 1.218% 217*, 218% 315 Shinning— Am Inti C0r0... 45% 45 45% 44 Atl Gulf At W I. 83 81 83 79% Inti Mer M pfd ... 26% United Fruit ...107% 107% 107% 108%
On Commission Row
FRUITS Apples—Delicious, box extra fancy, *4: fancy. $3.15. choice. $2 0 2.25: Jonathans. $2.75: Grimes Golden $2.50: extra fancy box. Grimes. $3: New York Duchess $2.25 @'2.50: Gravenstein $3: Wolf River. $2.50: Stavmen Box. 82.50. Cranberries—s 4 a 2a-lb. box: 88.25 a 50-lb box. Grapefruit—Florida, $6.5007. Grapes—California, seed'ess. $3.50 a crate: Emperor. $2 7503. Lemons —California, a crate. $13.50014. * Limes—Jamacia $202.50. _ „ Oranges—California Valencia. $4.5008.50. VEGETABLES. Beans—Florida $4.7505 a hamper. Beets—Home-grywp doz 40c Carrots—CalUomia. crate, $3.50. Cabbage—s3.so a barrel. Celery—Michigan 90c: Idaho. 81X8 a dozen bunches. Cauliflower—Colorado, crate. $3. Cucumbers—Florida. *7.50 a crate. Eggplant--$2.50 a dozen: *6 a hamper. Kale—Spring, a bushel *I.S Lettuce—California Iceberg. *6.50 a crate: home-grown leaf a bushel. $1.35. Mustard—A bushel. 81. Onions—lndiana yellow $3.28 • 100-lb bag: white. 50-lb bag. $1.75. Par&iev—Home-grown doz bunches. 45e Peas—California. $8 a hamper. Peppers—Florida $9 a crate. Potatoes—Wisconsin and Minnesota i white. $4.5004.75 a 160-lb. bag: Red River ! Ohio* 120 lbs.. $4: Idaho Russets. $4. 1 Radishes—Button nothouse dozen 90c: Southern long red 15025 c dozen. I Sweet potatoes—lndiana Jersey. $3.75 a •bushel. No. 2. $1.65 a bushel: Nancy Halls. (2 a hamper. Tomatoes—California. $3 a bag: hothouse. 8303X8 a 8-lb. basket.
Fonda— Am Bug Rfg 62 62 62 61% Cudhav Pkg 46% Beechnut Pkg 65 California Pkg. 68% 68% 68% 68% Canada Dry 69 68 68 68% Corn Products. .101 99% 100% 98 Cont Bak A 49% 49% 49V, 48% Cuban Am Sug.. 7 7 7 Hershey 79% 78 78 Grand Union .. 14% 14% 14% 14% Grand Union p ... 37% Jewel Tea 48 48 43 47% Kraft Cheese ...38% 37 37% 37% Kroger 54*, 53% 53% 54 Loose-Wiles 58% 57% 58% 56% Nat! Biscuit 189% 189 189*, 189 Natl Dairy 54 53% 54 54 Gen Foods 51% 51 Vi 51 % 51% Loft 4% 4% 4% 4*4 Stand Brands.. 31% 30*, 31 31% Ward Baking B 5% Tobaeros— Am Sumtra 24 24 24 24 Am Tob B 212% 211% 212% 211 Con Cigars 48% 48 48 47'% General Cigar... 54V4 54% 54% Lig At Meyers... 98% 98% 98*, 98% Lorillard 18% 18% 18% 18% R J Reynolds ... 52% 52% 52% 53% Tob Products B 4 3*4 3% 3% United Cigar St. 5% 5% 5% 5% Schulte Ret Strs 7 6% 7 7 MARKET CRASH BLAME IS LAID TO ‘SMALL FRY’ Investor of Scanty Means Held ‘Victim of Own Imagination.’ Bu Times ftneelat NEW YORK, Dec. 9.—The mass of small investors and speculators who have rushed into the stock market during the last few years are themselves to blame for the collapse of security values which swept away their holding, in the opinion of Francis H. Sisson, widely known New York economist and banker. ‘‘The small investor is, to a large extent, the victim of his own imagination,” says Mr. Sisson in an analysis of the market decline published in the current issue of The Review of Reviews. “To suppose that the selling wave of the past few weeks was due to adverse developments of corresponding importance in the general business situation would be a fundamental error,” lie adds, estimating that “even in the absence of a pronounced increase in recent weeks, the general level of industrial operations appears to be approximately equal to, or possibly slightly above, that of a year ago.” Business Progress Real Tracing the phenomenal rise in stock values which reached its peak soon before the crash, Mr. Sisson observes that a part of it was justified by the real progress of the nation’s business. “But this normal movement was exaggerated immensely by the changed character of the investing public,” he adds. Millions of persons who never had before considered such speculation were attracted to the market by the fact that they had surplus incomes for the first time, he says, and security dealers established branches' throughout the country to profit by this new market. Thus the public that has to a considerable extent determined the course of the market in the last few years is a public uninformed as to intelligent procedure in buying securities,” his Review of Reviews article continues. “The small investor’s attitude toward the market seems to have been based on the view that there was no limit to the process of increasing corporate earnings, reinvesting the profits, and thus still further increasing earnings. But the country’s business concerns obviously can not go on indefinitely fulfilling the demands of the public imagination. Investor to Be Educated “When the realization finally came that prices of many securities were out of all proportion to any prospective earning power, the reaction was similarly exaggerated. Not only did the fear of loss impel a rush of liquidation, but the disorder was increased by the fact that innumerable small speculators, unable to supplement their impaired margins, were precipitated into the market as sellers against their wills.” This new investing class, or a large proportion of it, will continue to figure in the market of the future, however, Sisson believes. He adds that “there is a likelihood of improvement with the gradual education of the investing public in business conditions and in market behavior,”
Produce Markets
Eggs (County Run)—Loss off delivered in Indianapolis. 46c; hene'ry quality. No. 1. 54c; No. 2. 32044 c. Poultry (Buying Prices)—Hens weighing 4lbs. or over, 23c; under 4Vi lbs., 20c; Leghorn hens, 17; springers, 5 lbs. or over, 21c: under 5 lbs., 18c; Leghorn, spring 15c; stags. 15c; cocks. 12@14c; turkeys, young hens, fat, 22c; young toms, fat, 22c; old nens, fat, 16c; old toms fat, 15c; ducks, full feathered, white, fat. 13c; geese, full feathered, fat. 12c. These price are for No. 1 top qualltp. poultry quoted by Kingan & Cos. Butter (wholesole)—No. 1, 44@45c; No. 2 42043 c. Butterfat—4oc. Cheese (wholesale selling rice per pound) —American loaf 55c: pimento loaf. 37c; Wisconsin firsts. 27c; Longhorn. 27c; New York limberger. 30c. Bv United Press CHICAGO, Dec. 9. Eggs—Market, steady; receipts, 2,527 cases; extra firsts. 51ii53c; firsts. 48 0 49c; ordinaries, 370 39c: seconds, 28035 c. Butter—Market, steady; receipts. 9.802 tubs; extras, 42c; extra firsts. 40 0 41c: firsts. 36‘j038’2C; second. 34 034 Vic; standards. 42c. Poultrv—Market, easy; receipts. 7 car; fowls. 22c; springers. 20c; Leghorns, 17c; ducks, 16c; geese, 16c: turkeys. 26c; roosters, 17c. Cheese—Twins. 2Bi®22c: Young Americas. 24c. Potatoes—On track, 289; arrivals. 163'i shipments, 803; market, steadv; Wisconsin sacked Round Whites, $2.2002.40; Minnesota and North Dakota sacked Round Whites. $202.25; Minnesota and North Dakota Red River Ohios, $2 1002 35; Idaho sacked Russets, $2.65 S3. Bn United Press NEW YORK, Dec. 9.—Flour—Steady and quiet; spring patents $6,6007.10. Pork— Dull; mess. $28.50. Lard—Firm. Tallow— Dull; special to extra, 74s®7v4c. Potatoes —Dull and easy: Long Island. $2.50 36.25; Maine, $3.7504.90; Bermuda. *5012.50. Sweet potatoes—Quiet; southern, baskets. 60c 3 $1.50: southern, barrel. $2.50: Jersey. 90c 352 basket. Dressed poultry— Quiet; turkeys. 20039 c: chickens. 20 @ 36c: capons. 27046 c; fowls, 30@ 34c; ducks. 166 27c; ducks. Long Island. 20® 26c. Live poultry—Quiet; geese. 14@31c; ducks. 15 0 28c: fowls. 256 33c; turkeys. 230.37 c; roosters. 18019 c; chickens. 23@31c; broilers. 25 0 34c. Cheese—Quiet: state whole milk, fanev to special. 260 26'sc; young Americas 2213025 c. Bn United Press CLEVELAND. Dec. 9.—Butter—Extras, 45% 1 46 c; extra firsts. 440 45c: seconds, 34 *i 035 c. Eggs—Extras. 56c; firsts, 47c. Poultry—Heaw fowls. 27c; medium. 24c; Leghorn 15020 c; springers. 24c: Leghorn springers. 18 020 c: ducks. 20023 c. PotaItoes—Ohio, $3.90 0 4 per )50-Ib. sack: Maine ‘Green Mt.. $4,400 4.50 per 150-lb. sack; Idaho Russet*. $4 0 4,25 per 100-lb. sach; heme grown, $1.6001.65 per bushel sack.
THE INDIANAPOLIS TIMES
WHEAT PRICES TAKE DROP DN CHICAGO BOARD Liverpool's Weakness and Large Offerings Are Main Factors. Bu United Press CHICAGO, Dec. 9. —Wheat prices opened lower on the Board of Trade this morning as a result of the weakness at Liverpool. Prices there were cents to I*l cents lower, due to pressure of large offerings of new and old Argentine wheat. India was reported buying wheat from Australia, helped steady prices here. Corn and oats were down with wheat. At the opening, wheat was Vs cent to % cent lower, corn was % cent lower to Vs cent higher, and oats was Vi cent to % cent lower. Provisions were steady. Liverpool opened lower than expected this morning, while Buenos Aires was unchanged at the opening. The action of prices at Bueos Aires have been disappointing to the bulls, refusing to rise, despite condition of the crops in Argentina. Export business has been below’ expectations and statistical data is of a bearish tinge. The country has been offering corn freely, but so far has been asking figures higher than the buyers are willing to pay. The increasing arrivals are having a depressing effect, but the stocks of old corn at all markets are very low and in need of replenishing. Oats has been holding in narrow limits. Receipts, mostly from the northwest, have been sufficient to fill all the deliveries. Chicago Grain Table —Dec. 9—• WHEAT— Prev. Open. High. Low. 12:00. Close. Dec.. 1.24% 1.25% 1.24*8 1.25% 1.24% Mar.. 1.32 1.33 1.31% 1.32% 1.32% May.. 1,36% 1.37% 1.35% 1.36*4 1.36% July.. 1.35% 1.36% 1.35% 1.36% 1.36’/* CORN— Dec.. .89% -89% .89 .89% .89% Mar.. .95 .95% .94% .95'% .95% May.. .97% .97% .97 .97% .97% July.. .98% .99 -98% .99 .98% OATS— Dec.. .46% .46% .46% .46% .46% Mar., .49 .49*8 .48% .49% .49% May.. .50% .50% .50% .50% .50% July.. .49',4 .49% .49% .49% .49 7/ RYE— Dec.. 1.08% 1.09 1 4 1.08% 1.09 1.09% Mar.. 1.0914 1.09% 1.07% 1.08% 1.09% May.. 1.07% 1.0714 1.06 1.06% 1.07% LARD— Dec. 10.52 10.52 10.47 10.52 10.55 Jan. 10.85 10.85 10.85 10.85 10.87 Mar. 11.07 11.07 11.07 11.07 11.07 May. 11.27 11.32 11.25 11.32 11.27 Bv United Brest . . CHICAGO, Dec. 9.—Carlots: Wheat, 21: corn. 259; oats,- 45; rye, 32.
The City in Brief
TUESDAY EVENTS I'.<JianapoHs Council of Social Agencies meetings, Christ Episcopal church. Chamber of Commerce annual election, Chamber of Commerce. 8 p. m. Rotary Club luncheon, Claypool. Mercator Club luncheon, Columbia Club. Gyro Club luncheon, Snink-Arms. Indianapolis Republican Veterans luncheon. Board of Trade. Purchasing Agents’ Association luncheon. Severin. American Chemical Society luncheon, Chamber of Commerce. Universal Club luncheon, Columbia Club. Phi Gamma Delta luncheon. Chamber of Commerce. University of Michigan alumni luncheon, Lincoln. Exchange Club of North Indianapolis luncheon, 3810 College avenue. Alliance Franciase luncheon, SplnkArms.. Indianapolis Medical Society meeting. Athenaeum. Marmon Motor Car Company convention, Claypool. Indiana Township Trustees Association meeting, Claypool. Arthur Hippos 2312 English avenue, was arrested on charges of keeping a blind tiger and of keeping a gaming house in a raid by police Sunday. Six men found in place were charged with visiting a gaming house and with gambling. A bottle of liquor, a set of dice and a deck of cards were confiscated, police said. Frederick E. Sehortemcier will be the speaker at a brotherhood dinner at the Thirty-first Street Baptist church at 6:45 o’clock Tuesday night. E. J. Rood, who spoke before the Y. M. C. A. boys’ meeting Sunday afternoon, will be the speaker at a similar meeting next Sunday afternoon. Thirty members were received Sunday. Case reports will be given at the Indianapolis medical Society weekly meeting Tuesday night in the Athenaeum by Dr. T. J. Beasley, Dr. E. G. Anthony, Dr. E. O. Asher, Dr. C. E. Bohner, Dr. E. M. Aikman, and Dr. G. B. Jackson. David Liggett, Community Fund executive secretary, will speak at the Flanner House founders’ day program Dec. 15, at the Mount Paran Baptist church. The program was postponed from Dec. 8 to Dec. 15. A large delegation from Indianapolis attended the state fall conclave of the Alpha Tau Omega fraternity at Rose polytechnic chapter house, Terre Haute, Saturday. Delegations from Purdue, Indiana, De Pauw and Rose polytechnic chapters and Terre Haute Alumni Association discussed the state meeting to be held here. Howard Brenton McDonald, world traveler, will speak at the Columbia Club Tuesday night to boost the Columbia Club’s West Indies cruise. A card party and fruit sale will be given for Little Flower church at the home of Mrs. John Bernden, 1110 North Hawthorne road, Wednesday afternoon and night. Fourteen hundred persons attended the Y. M. C. A. Big Meeting at the English theater Sunday afternoon to see the presentation of “Six Cylinder Love,” a drama, by Miss Margaret Stahl of Cleveland. A. H. Goddard presided. Dr. H. I. Jones will speak on ‘Friend or Foe?” at next Sunday’s Big Meeting. Hoosier post auxiliary, V. F. W.. will give a card party Thursday night at the hall, 1025 Prospect street. “Worth several hundred dollars to me and not worth a dime to any one else,” said J. D. Buchanan, factory representative of the Walrus Manufacturing Company, 3755 North Meridian street, reporting the theft
Business — and — Finance
Business of the Real Silk Hosiery Mills is running at the highest rate in several years and the holiday trade outlook is very promising, Porter M. Farrell, president, said today. Earnings for the first nine months of 1929 amounted to $6.G7 a share on the common stock. According to Farrell, 1929 earnings should be $lO a share. The company’s 250 branch managers from all parts of the country will meet in Indianapolis Dec. 13 and 14 for their national convention. NEW YORK. Dec. 9.—While the value of contracts let Apr heavy construction and engineering Tvork throughout the country in the first eleven months of the current vear. reaching a total of $3,789,107,000. showed a 13 per cent increase over the same period last >ear, November awards, based on a weekly average, registered a 3 per cent drop from November. 1928. Engineering NewsRecord reports. Contract lettings in November were valued at $237,668,000. which compares with $329,934,000 in October and $306,029,000 in November of last year. Kroger Grocery and Baking. Sales for five weeks ending Xov. 2 amounted to $27,989,348, an increase of 23.06 per cent over the $22,744,281 for the same period a year ago. In the first fortyfour weeks of the year, sales totaled $239,492,212. a gain of 41.78 per cent over the $168,908,737 reported for the same period of 1928. Operating profit of the National Standard Company increased'" 28 per cent in the fiscal year Just closed. Net income after depreciation. taxes and other charges, amounted to $776,023 or $5.17 a share o nthe 150.000 shares of capital stock in the year ended Sept. 30, 1929, compared with $600,942 or $4 a share in the preceding fiscal year. Southern California Edison. October gross totaled $3,626,474 against $3,089,452 last vear. Surplus after taxes and fixed charges, but before depreciation, amounted to $1,866,657, compared with $1,554,022 in October, 1928. For the first ten months, gross earnings were $33,600,834 and surplus after charges, but before depreciation, $17,119,879. compared with a gross of $29,369,807 and a net of $15,001,131 for the same period a year ago. Gross sales of twenty-three leading 'chain store systems which have thus far reported sales for the eleven months of 192!), aggregate $1,394,246,996, a newhigh record for aU time, and an increase of $230,013,501 or 19.6 per cent compared with the same period last year, accordng to figures compiled by George H. Burr & Cos., specialists in chain store securilies. From the standpoint of dollar gains. Sears Roebuck & Cos. leads the group whereas percentage gains of 50 per cent or more are reported by M. H. Fishman & Cos., Lerner Stores and Neisner Brothers, Inc. Texas Corporation. For eight months ending Aug. 31, net income of $38,954,597 was reported, equivalent to $4.18 per share on the average amount of stock outstanding at the end of the period. Current assets totaled $197,055,000 against current liabilities of $39,203,000. Net working capital amounted to $157,852,000 against $120,328,000 at the end of last year.
of a brief case from his auto on Senate avenue near Ohio street Saturday. The case Contained blueprints for soda fountain installations, now delayed because of the theft. Slipping on a banana peel in a street car Sunday night, Fred Lowley, 51, Edward hotel, suffered a knee injury and was taken to city hospital. In the Air Weather conditions in the air at 9:30 a. m.: Southeast wind, eight miles an hour; barometric pressure, 30.29; temperature, 32; ceiling, 500 feet; visibility, three-fourths of a mile; field, wet. Plane Is Sold Sale of a Curtiss Robin monaplane to Paul Snick, Plymouth, Ind., aviator, was announced today by Walker W. Winslow, Curtiss Flying Service of Indiana sales director. Immediately after consummating the purchase, Snick left in the plane for Denver. Arrivals and Departures Curtiss-Mars Hill Airport—Em-bry-Riddle passengers included F. M. Barr, airway beacon mechanician, to Chicago and return, and W. H. Kellar of Chicago, from Indianapolis to Chicago. NEW YORK COFFEE RANGE —Dec. 7 High Low Close January •••... 8.38 8.38 8.38 March 8.33 8.33 8.33 May 8.21 8.21 8.21 July '8.20 8.20 8.20 September 8.18 8.18 8.18 December 8.65 8.65 8.65 PURE WATER SOUGHT State Chemists Will Check Vincennes Samples. State chemists will study samples of water from Vincennes this week in an attempt to eliminate its disagreeable taste, according to E. A. Parks, assistant sanitary engineer of the state board of health. Although the water is not dangerous to health, it has an extremely bad taste during cold weath, Parks said. Three sources of pollution have been discovered, chief of which is Terre Haute factory waste, he said. Business houses in Vincennes are said to be installing private water systems for drinking purposes. SHINE WILL ARRANGE ST. PATRICK PROGRAM Traffic Division Sergeant Named by Order of Hibernians. Sergeant Eugent Shine of the police traffic division was named chairman of the general committee on arrangements; Dennis De Long, secretary, and Michael J. Mannix,. treasurer, for the local St. Patrick's day obervance at a meeting of the arrangement committee of the Ancient Order of Hibernians Sunday. All members of the order will attend St. John’s Catholic church Sunady morning, March 16. Other members ofthe committee are Joseph P. O'Callahan, Roger M. McGuire. John P. Shanahan. Jam E. Deery, George Rice, Eugene Clark, Charles J. Fisher and M. J. Dennis Delaney. '
STOCKS FIRMS WILL GET NEW SPEED TICKERS High-Geared Machines to Be installed in City Soon. Inauguration of a system of new high-speed stock tickers in New York today by the Western Union Telegraph Company was the first step toward bringing Indianapolis and other cities of the nation apace with Wall Street’s era of 8.000,000share trading days. Six brokerage firms in Indianapolis will be equipped with the high-speed tickers. They are: Thomson & McKinnon, Jas. T. Hammill & Cos., Roberts & Hall, Prince & Whitely, Jas. E. Bennett <fc Cos., and Blythe & Cos. The volume of business on the New York Stock Exchange in the past five years necessitated the telegraph company’s expenditure of $4,500,000 in circuit and ticker changes. To Be ‘Broken In’ Installation of the new style takers in Indianapolis will begin in 1930. To prevent discrimination, the new’ tickers, while capable of 500 characters a minute, will be operated at exactly the same speed as the old ones until all of the old tickers in the country have been replaced. Some 3,000 new tickers will be installed on Western Union circuits in New York in about four months. At least six months longer will be necessary to rush work in the balance of the country tc completion, indicating the operation of tickers at high speed in the United States and Canada in about ten months. Installed on Pedestals The tickers will be installed on new modernistic mahogany or walnut pedestals with a sixty-pound metal base to insure stability. Pedestals will be 3Vij feet or 2Vi feet high, according to brokers’ wishes. The old tickers were operated by current sent over two line wire, while part- of the mechanism of the new ticker is operated by an electric motor on the ticker thus requiring only one transmitting wire. Line interruptions to old tickers resulted in an average loss of 250 characters because the ticker was thrown out of synchronism. At a cost of a half million dollars, Western Union is training 800 maintenance men for the new ticker system at schools established for that purpose alone in New York, Chicago, Cleveland, Atlanta and San Francisco. Other Livestock Bu United Press CLEVELAND. Dec. 9.—Hogs-—Receipts. 3,700; holdovers, none; market 25c higher; 160-300 lbs., $9.75; 150 lbs. down. $9.25; rough sows. $8; stags, $6.25. Cattle Receipts. 1,100; market, steady to 25c lower; interest centering on handyweight steers around slo® 11.85; plainer downward to $8; dull and choice decline; fat cows, $6,504x8; cutter grades, $44/6. Calves— Receipts. 1,100; market 50c or more lower htan late last week; $24x2.50 under high time Thursday; better grades. $17®17.50; few-, $18; medium, $13@16; culls down to $lO. Sheep—Receipts, 2,400; lambs 25c lwoer: $1347.13.50; heavies, $11.50 down: medium throwouts. slo® 11; sheep steady. By United Press , . ... TOLEDO. Dec. 9.—Hogs—Receipts, 650; market, 15@25c higher: heavies $9.2547 9.40; mediums. $9,354x9.50; Yorkers, $8.75 f<i9: pigs. $8.75@9. Cattle—Receipts, 100; market, slow. Calves—Receipts, light; market, steady. Sheep and lambs—Receipts, light; market, lower. Births Boys Earl and Farett Edwards, 1008 North Tuxedo. Lawrence and Edna Schmutte, 5426 Carrollton. . ~ „... Lorena and Dorothy Marshall, 2218 Miller. _ , Earl and Irene Crady. 1738 Parser. Frank and Katherine Duncan, 246 North Randolph. Waller ahd Ira Smith. 2121 Madison. Herbert and Myrtle Foster, city hospital. Joseph and Cecil Whitfield, city hospital. Malon and Alberta Piercy. city hospital. Earl and Della Barlow, Christian hospital. Melvin and Dorothy Richey, Christian hospital. Girls Carl and Willie Jackson, 127 North Linwood. „ ~ Walter and Vernie Moore, 1608 South Randolph. Carl and Myrtle Kluger, Christian hosPi Faye and Ruth Mickliff, 3830 East Twenty-sixth. Clarence and Zelma Bereman, 1237 South Belmont. Ora and Mabel Andrews, 350 East Norwood. , , , Frank and Mary Lewis, city hospital. Robert and Eula Mclntyre, city hospital. Twins Ora and Velma Sanders, city hospital, girls. Deaths Olive Grooms Tilford, 86. 522 East Twenty-third, cerebral hemorrhage. Nora Brown Smith. 64, 425 West Vermont. lobar pneumonia. James Gordon Rigsbee, 5 hours, 5329 Lowell, premature birth. / Dor. Alexander Anderson. 3 months. 3110 Sutherland, pulmonary oedema. Mildred Baker, 27. St. Vincent hospital. peritonitis. Olive M. Core 53. 1846 North Talbot, pulmonary tuberculosis. Alice Ernst. 64. St. Vincent's hospital, broncho pneumonia. Madelaine Lee Stone. 2 months, 2445 Ashland, ileocolitis. Vella Etta Mullen, 59. Coleman hospital. chronic myocartlitis. Cordelia Ruth Burns. 8 months. 1138 Euclid, intestinal influenza. Jerrv Jug. 44 2709 West • St. Clair, broncho pneumonia. Fernie Elizabeth Van Blaricum, 46. 1317 Kapoes. aiterio sclerosis. John F. Bartlett. 68. 257 South Summit. mitral insufficiency. Charles Allen. 82. city hospital, arterio William H. Roberts. 74, 720 East Twenty-third, lobar pneumonia. Henry F. Peters. 40. St. Vincent's hospital. appendicitis. Charles G. Mueller. 80. St. Vincent’s hospital, arterio sclerosis. . , Lamer Timmons. 22. city hospital, mastoiditis. . .. , Joseph Gross. 49. Methodist hospital, myocarditis. , , Selma Baumgart. 22. city hospital, acCl Johif ! William Ullrey. 82. 2101 Singleton, carcinoma. .. _ , George W. Cowen, 61, 93* South Delaware. carcinoma. .. . Nellie M. Watson. 42. Methodist hospital. calculous pyleonephritis. Anna Boles. 49. 429 North Davidson, chronic myocarditis. COTTON INDUSTRY HURT Japan, U. S., Only Countries to Report Conditions Favorable. Bv United Press LONDON, Dec. 9.—Reports from twelve countries, contained in the bulletin of the International Federation of Master Spinners and Manufacturing, show that the cotton industry still is in a depressed condition. Japan is the only country, other than the United States, that reports a favorable condition. Austria. Brazil, Czechoslovakia Belgiuf. Germany, France, Holland Italy. Hungary. Switzerland and Great Britain all report small sales and a smaller export due to low prism
SWIFT CO. MAY SPLIT CAPITAL STOCK SHARES Propose to Charge Each Unite Into Four for Convenience. Bv United Press CHICAGO. Dec. 9.—A proposal to change the company’s capital stock from 1,500,000 shares* of SIOO par value to 6,000,000 shares of $25 par value will be voted on by stockholders of Swift & Cos., Chicago meat packers. Jan. 9. it has been announced by L. F. Swift, president. The purpose of splitting the capital stock on a four-to-one basis is to make it available to more small investors. Swift present stockholders woul be given four shares for each one they hold. The company’s capitalization will remain the same, $150,000,000, the president said. In addition, it was accumulated surplus of about $76,000.000, which would give the new stock a book value of about $37.50. Present SIOO shares have a book value of about $l5O and the market priced Saturday was $137. AUTO INDUSTRY REPORTS LIGHT FOR NEXT YEAR Cadillac Will Exhibit New 16-Cylinder Car at National Show. Bv United Press DETROIT, Dec. 9.—The automobile industry entered the final month of 1929 last week with production for the year expected to total less than 5.600,000 units. The figure is the estimate of automotive industries, trade authority, based on the present curtailed schedules still in effect as the month opened. “The present modest level of activity in the industry,” the magazine continues, “is looked upon with favor in numerous quarters where large stocks of new and used cars are considered a major problem.” Authorities differed slightly as to the prospects for next year. George Graham, president of Willys-Over-land, said: “Fewer autos will be produced In 1930, fewer will be sold, and the prices will be higher. Henry Ford probably will stand alone in the matter of price cuits. Overproduction in the current year, when more motor cars were made in the first nine months than in the whole of 1928 will result in lesser volume next year. With fewer cars being manufactured and sold, there must be a bigger per unit profit to maintain dividends at present levels.” Finance companies indicate that there has been a seasonal decline in new , retail paper purchased, but none of them indicate any loss further than that anticipated as normal declines for this season. Most are optimistic as to the sales future. The new Cadillac sixteen-cylinder car will be shown for the first time at the National Automobile shows beginning with the thirtieth annual automobile show in .New York city, opening Jan. 4.
Indianapolis Stocks
, Bid. Ask. American Central Life Ins Co.loo Belt R R & S Yds Cos com... 59 63 Belt R R & Yds Cos pref.... 54 59 Central Indiana Power Cos p. 88 93 Circle Theater Cos common ...105 Cities Service Cos common ... 29% ... Cities Service Cos common ... 30 Citizens Gas Cos common .... 34 42 Citizens Gas Cos preferred .. 95 98% Commonwealth Loan Cos pref. 97 Hook Drug Cos common 43 ... Indiana Hotel Cos Clavpool c. 125 ... Indiana Hotel Cos pref 100 Indiana Service Corp pref ... 69 Indianapolis Gas Cos common 56% 60% Indpls Power & Lt co pfd ... 98% 100'% Indpis Pub Welfare Loan As c. 51 Indpls St Railway Cos pref... 27 30% Indpls Water Cos pref 95 Inter Pub Serv C prior L pfd 98 101 Interstate Pub Serv Cos pfd.. 31 91 Merchants Public Util Cos pfd.loo Metro Loan Cos 97 Northern Ind Pub Serv C pfd 92 100 Northern Ind Pub Serv Cos pfd. 100 105 Progress Laundry Cos common 45 ... E Rauh & Sons Fertil Cos pfd. 50 ... Real Silk Hosiery Cos pfd ... 90 ... Standard Oil Cos of Indiana.. 55% ... T H. Indpls & Est Trac Cos pf 8 Terre Haute Trac & L Cos pfd 80 Union Title Cos common 50 Van Camp Prod Cos Ist pfd.. . 98 Bobbs-Merrill 31 36 Com Wealth Loan Cos pfd 7% 96% Share Holders Invest Cor ... 25% 28% —BONDS— Bid. Ask. Belt R R & Stock Yds Cos 4s. 85 Broad Ripple Trac Cos. 5s 55 Central Indiana Gas Cos 55... 95 Central Ind Power Cos 65... 98% Citizens Gas Cos 5s 99 Citizens Street Railroad 5s ... 46 48% Gary Street Rv Ist 5s 70 Home T & T of Ft Wayne 65.100 Indiana Hotel Cos 5s 97 Ind Northern Trae Cos 5s .... 3 5 Ind Railway & Light Cos 55.. 95 Indiana Service Corpn 5s .... 85 Indpls Power & Light Cos 55.. 98 100 Indiana Union Trac Cos 55.... 3 Indpls Col & So Trac 6s .... 95 ... Indpls Gas Cos 5s 98% ... Indpls & Martinsville T Cos 5s li Indpls No Trac Cos 5s 12 Indpls Sc Northwestern T Cos 5s 12 13% Indpls Street Rv 4s 43% 48% Indpls Trac Sc Terminal Cos 5s 90 93% Indpls Union Rv sa. Jan 98% 100 Indpls Water Cos 5%s 100 ... Indpls Water Cos 5%s 100 ... Indpls Wat Cos lien Sc ref ss. 1 92 ... Indpls Water Cos 4%s 90 ... Indpls Water Works Sec Cos 5s 80 ... Interstate Pub Serv Cos 4%5. 85 ... Interstate Public Serv Cos 55.. 95 ... No Ind Pub Serv Cos 5s 96 ... No Ind Telenh Cos 6s 95% ... Terre Haute Tr Sc Light Cos 5s 86 91 Union Trac of Ind Cos 65.... 12% ... GIVES LIFE FOR DOGS Chicago Man Receives Fatal Hurts While Taking Food Home. Bv United Press CHICAGO, Dec. 9.—Devotion to his four dogs cost John W. Taylor, 71, his life. While carrying meat home to his dogs, which he fed whether he had anything to eat or not. Taylor tottered and fell, striking his head on a curbing and receiving fatal injuries.
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS w York Stork Exrhango Chle*o Stock T xrha*** New York Cotton Exchange Chicago Board ot Trad* New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 5501
PAGE 15
PGBKER PRICES GAIN 25 CENTS AT STOCKYARDS Lambs Scarce and Steady; Vealers Lower at Sl6 Down. Dec Bulk. Tnp Receipt* 2. $9.65 $9.75 10,000 3. 9.65 9.75 13.000 4. 9.50 9 50 13.000 5. 9 25 9.25 10.000 6. 8.25 9.35 8.000 7. 9.35 9 35 3.800 8. 9.60 9 60 7.500 Hogs were largely 25 cents higher today than Saturday's best prices at the Union stockyards. The bulk. 160 to 300 pounds, sold at $9.60 Butchers were scarce to higher. Receipts were estimated at 7.500; holdovers 263. Cattle slow, with indications pointing to a steady market, slaughter classes little changed. Veaiers were generally 50 cents lower, selling at sl6 down. Sheep and lambs unchanged selling at Saturday’s average. Better grade of good and choice lambs were selling at $12.5° to sl3, lower grades sold at $9 to sl2. Chicago hog receipts 46,000, including 17.500 directs: holdovers, 2.000. Market 15 to 25 cents higher than Friday’s average, numerous bids and few early sales sold at $9.35 to $9.45 on choice of 190 to 250-pound weights. Cattle receipts, 22,000; sheep, 28,000. Receipts. 7,500; market, steady. 300 llis. and up $ 9.25® 9 80 250-300 lbs. and up 9.25 225-250 lbs 9.65 225-250 lbs 9.25 160-200 lbs 8.904? 9.25 130-160 lbs 8.90® 8.75 90-130 lbs B.oo® 8.75 Packing sows 7.75® 7.75 —Cattle— Receipts. 700; market, steady. Beef steers, 1.100-1.500 lbs., good and choice $11.75®15.00 Common and medium .. .... [email protected] Beef steers. 1,100 lbs. down, good and choice 12.004/ 15.25 Common and medium 8.50® 12.00 Heifers. 850 lbs. down, good and choice 12.75®18,00 Common and medium 8.00 jj 12.75 Cows 8.254J9.00 Common and medium 6.25® 8.25 Lower cutter and cutter 4.7542 6 25 Stocker and feeder steers, good and choice 9.00®11.00 Common and medium 7.00(gi 9.00 —Veal*— Receipts. 300; market, lower. Medium and choice $13.00/'d16.00 Cull and common 7.00®13.00 —Sheep— Receipts. 200; market, steady. Lambs, good and choice $12.504213 26 Common and medium >o.oo® 12.00 Ewes, medium to choice 10.004711.75 Cull and common 2.00® 4.90 Other Livestock i Bu United Press CHICAGO. Dec. 9.—Hogs— Receipts. 46.000: including 22 000 direct; mostly 124x25c higher: top, $9 55; bulk, good to choice. 190-300-lb. weights. $9,354/9.50; 140-180-lb. weights, $94/9.35: packing sows. $8.15 4/ 8.60; butchers, medium to choice, 250350 lbs., $94/9.55: 200-250 lbs., $9.15® 9.53; 100-200 lbs., $94/9.50; 130-160 lbs., $8.65@ 9.45; packing sows. $8@>8.65; pigs, medium to choice, 90-130 lbs., SB4/9. Cattle—Receipts. 22,000; calves. 3.000; market slow, tendency lower on practically all slaughter classes; few choice light yearlings, practically steady; best yearlings paid around sl6; bulls steady: vealcr tendency downward; slaughter classes, steers, good and choice 1,300-1,500 lbs., $124/ 14.50; .100-1,300 lbs., $124/ 15.50; 950-1,100 lbs.. $12,254/ 15.75; common and ffcodium, 850 lbs. up, SB4/ 12.50; fed yearlings, good and choice. 750® 9.50 lbs., $12.50®16; heifers, good and choice, 850 lbs. down. common and medium. $7.75%12; good and choice. $7.75® 10.25: common and medium. $5,754/7.75; low cutter and cutter, $4,504-/ 5.75; bulls, good and choice beef. $8.75. $10; cutter to medium, $6.75® 9.25; vealers, milk fed, good and choice, sll4/15; medium. $10®lf; cull and common. s7®lo; stocker and feeder steers, good and choice, all weights. *10.25® 11; common and medium. $8&10. Bheep Receipts. 28.000; market fully 25c lower; early bulk fat lambs $12.504712.75; top. $13.25; fat ewes, [email protected]; feeding lambs quotable steady; lambs, good and choice, 92 lbs. down, [email protected]; medium, [email protected]; cull and common, $9.25 Cos 11; ewes, medium to choice, 150 lbs. down. $4.75®6.25; cull and common, $2.50 4/5; feeder iambs, good and choice, $11.75 H 12.75. Bu Times fivccial LOUISVILLE. Ky., Dec. 9.—Hogs—Receipts. 1,800; market. 10c higher; . 175-300 lbs.. $9.55; 300 lbs. up. $8.95; 130-175 lbs.. $8.95; 130 lbs. down. $7.60; roughs, $7.60; stags $7. Cattle-Receipts, 900; market, bulls, quarter higher: other classes steady; prime heavy steers. sll® 12.50; heavy shipping steers, $9,504/ 11; medium and plain steers. $7,504/9; fat heifers, $7.50(12; good to choice cows $6.5047 8.50; medium to good cows, [email protected]; cutters. canners. s4'/ 5; bulls. $5,504/8.25; feeders *8 4/10.50; stockers. $747.10.25. Calves—Receipts. 700; market. 50c lower: fancy calves, sl4. good to choice, [email protected]; medium to good. $8010; outs, $8 down. Sheep—Receipts. 100; market steady; ewes and wethers. $11.50; buck lambs, $10.50; seconds, ss@7: sheep. $44?5. Saturday'* and Sunday's shipments: Cattle, 28; calve*, 376; hogs, 148; sheep, none. Bv United Press CINCINNATI. Dec. 9 Hogs—Receipt*, 3.900; holdovers 459; butchers, 180-300 lb*., $9.75 to mostly $9.85, or 10c higher; lighter weights 25c higher, 150-175 los., $9.50 to mostly $9.60; desirable 130-140 lbs., $9.25; pies. 120 lbs., $8,504/9; sows steady, bulk. $7.50' 3; stags, 56®6.25. Cattle—--1,600; calves, 250; better grades heM/v steers weak to 25c lower, others bawr S teadv. medium to good 1.100 to 1,300 ®§ . sll @12.50; bulk plain killing cattle, m- ; 4/12: few choice 500 to 600 lbs. yearliß sl3® 14; beef cows. s7@9; low cutters M cutters, $4,754/6.25' bulk bulls. * 7@B®;. veals, uneven 50c to mostly $1 lower tlm/ Friday, top sl6, few early sales sl6.# Sheep—Receipts. 175; steady, good 11@B; lambs, sl2® 13; heavies, over 90 lbs., sll®-; down; throwouts and bucks, *9® 10; gom handyweight ewes, $547 5.50. Bv United Press PITTSBURGH. Dec. 9.—Hogs—Receipt*! 3,000; holdovers, 750; market 15@25' higher: 160-300 lbs.. $9.75429.90; 100-130; lbs. $94/ 9.35; sows, $8®8.50. Cattle—Re-: ceipts. 650: market. strong to shade' higher, plain Dualities considered: bulls, scarce, around 25c higher: bulk lower grade deers nad yaerlings, $9.50012.35; odd head, choice up to sls; fat cows $8.50® 9: heifers. $7.50®. II: better grade cow*. $4,504/ 6.25: bulls. $7,504/9.25. Calves—R*ceipts. 500; market steady with Friday; top vealers. $lB. Sheep—Receipts. 3,000; market weak to 25c lower; handyweight iambs. sl3® 13.50; heavy Lambs. $11012.50; aged wethers. $6(8,7. Bv United Press FT. WAYNE. Ind.. Dec. 9.—Cattle—Receipts. 50; calves, 50 hogs, 400; sheep, 100; hog market, 204/25C up: 140 lbs. down, $8.50; 140-160 lbs., $9.05; 160-200 lbs. $9.30; 200-250 lbs., $9.40 : 250-300 lbs , $9.50; roughs. $3; stags, $6; calve*, $16.50; lambs, $12.25. Bu United Press EAST BUFFALO. Dec. 9.—Hogs—Receipts, 10.700; holdovers. 300; fairly active to all interests, mostly 25c over Saturday's average; bulk, 160-240 lbs., $10; 110-130 lbs., $9 2547.9.50; packing sow*. $8 254/8.75 Cattle—Receipt*. 2.850; liberal run fed steers and yearlings; slow, 25c to mostly 50c lower; choice yearlings, $14,504/ 15.40; good steers and yearlings. $12,504/ 14; demium and short feds, $51.25 4/ 12 50: common steers and heifers, $8.75® 10.15; all cutter cows, $3 [email protected]; calves, receints. 1.500; vealers, general/y $1 low, $17.50 down: draggy at decline. Sheep-- - Receipts, 9.800; fat lambs. 25c lower; good to choice, $134/13 50; medium and strong weights. sll® 12.25: common, $10©10.50; yearling wethers, $10.50; fat ewes, $5.50
