Indianapolis Times, Volume 42, Number 198, Indianapolis, Marion County, 27 December 1930 — Page 10

PAGE 10

STOCK SHARES

DROP IN LATE SELLING DRIVE Weakness in Grain Touches Off List; Steel Ends Day Lower.

Average Stock Prices

Average of thirty industrials for ■Wednesday was 165 20. up 2.27. Average of wentv rails was 26 78. up .64. Average of twenty utilities was 57.98 up 1.04. Averaee of forty bonds was 94.22. up .18. By United Press NEW YORK, Dec. 26.—Stocks reacted with wheat in the late trading today, dozens of issues breaking to new iaws for the year or longer. Declines ranged to more than 6 points. Reactionary tendencies embraced the entire list as the close neared after the list had moved in a relatively narrow range earlier in the da/. According to preliminary calculation, the Dow, Jones & Cos. industrial average declined 4.22 to 160.98 and the railroads average 1.80 to 94.98 Sales for the session totalled 1,800,660 shares, compared with I, shares Wednesday. Call money Armed up to 2% per cent after renewing at 2 per cent. This had a bad physhological effect on trading sentiment because it was believed to be caused by withdrawals of funds by banks. Mercantile* Hold Selling began in the Mercantile and Harvester issues and some of the special stocks like Gillette. It then spread throughout the list. Some of the more volatile shares made wide declines. Losses ranging i o nearly 7 points were made by J. I. Case, Allied Chemical, R. M. Alacy. Safeway, Sears - Roebuck, Colo-Cola, Auburn Auto, Nickel Plate and Alleghany Corporation preferred with S3O warrants. Most of the mercantile issues ' made new lows. International Telephone made anew low. as did cveral of the rails. Gillette made a fresh minimum level below 19. Pressure against the mercantile .shares was partly explained by the weekly trade reviews. Bradstreet’s Review of Trade said that retail (iistrbuition was of fair volume, equal to a year ago in units, but 10 to 30 per cent below last year in price value at various markets. Close on Lows Wholesale trade was down to a quick delivery filiins. Industry quieted down at the approach of the holidays, many concerns closing for a week. For a time the copper group was helped by strength in Anaconda. The latter, however, finally succumbed to the general pressure and cased to the previous close. Its early strength was accounted for by a statement by John D. Ryan, chairman, which set forth valuation and prospects lor Anaconda Copper Mining Company. Most stocks closed on their lows of the day. Steel was down to 137% and closed at 137%., off 2 points. Other leaders made corresponding dechnes. Steel shares reacted on the theory that- the steel business would be sharply curtailed over the remainder of the year.

Bank Clearings

INDIANAPOLIS STATEMENT —Dec. 26 Clearings $2,739,000.00 Libits.: 6.948.000.00 NEW YORK STATEMENT - Dec. 26—• Balance . . 135.000.000 clearlnM * 9916.000.000 r.fl Res Ban!; Cr. BaU 1C7.C00.0C0 CHICAGO STATEMENT —Dec. 26 Cleanne* $73,800,000.00 Balances" .! .! i.! 4.500.000.00 TREASURY STATEMENT —Dec. 26 — Net balance for Dec. 22 l viviH|tufpK J3,0iJU,00!).1l Customs rects. month to date 23.879.181.29

New York Curb Market

—Dec. 26 Close. Close. \m Com Fwr A U’rMo Kan Pipe . 5% \m Gas & lil.. 80 1 2 Mt Prod 4* AmLt &Tr.... 41 Nat Sugar .... 27*. ,\ r |r Os <> .5 ♦N at A\ ••••••< " 8 \ iation of Am. 18 Nat Inv 4% L ". 2 ? u W “‘r n r. 4 J‘‘ fS&T':::: ::::::: ‘ft I Crocker fz Wh. 7% Prin & Whtlv.. %! v~*, •rnnt • In Sait CTPPit •• • • ® Flee Bond Sti.. 39'a Sel Indus 2’* Ford Os cU.... 21 Schulte Ret .... 3 . Ford of mg... 13% Shenandoah ... 3. Ford of Fr *’ Std of Ind .... 33 s Goldman* Sachs 5 Std of 0hi0.... 43% Hut/son^Ba v.. ■"• 'l< Humble utl ... 58% Un Gas ,new... 7 Tnd Pipe 15 Un Lt & Pwr... *-* Ind Terr A Un Verde 8 Int Super .... 20 Ut In Ind *L a fnt Pete .... 13% Ut Par ....... 8 B Uon oS s>, Vacuum Oil 54 , Midw Ut 16%!

New York Bank Stocks

ißv Thomson & McKinnon) —Dec. 26 . , . Bid. Ask. America . j 3 S S Bank of United St ates \ 3 Brooklyn Trust 0 440 Central Hanover 208 213 Chase National ;•••; ?J Chatham Phoenix National <0 .3 Chemical 43W 451* City National 86 89 Corn Exchange f*7 Jjl Commercial 250 Jso Continental 16 19 Empire 42 SO First National 3.535 3,.45 Guaranty 428 433 Irvin* 3]* Manhattan & Cos 4 • Manufacturers 29 Public ■‘6 49

Net Changes

By United Press NEW YORK, Dec. 26.—Closing; prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Dp. Off. American Can I09 1 * ... 3 Amrertcan Telephone 174 , ... 3' Anaconda 28 Atchison 1"6 ... 2’i Bethlehem 47:* ... 2?* Case 86 ... 7 Conoslidated Gas 81 s * ... IS Cox Film A 27S ... S General Electric 42S ... IS General Motors 34S ... S Gillette 18*4 ... 2', international Telephone ... 19S ... N Locw's Inc 44S ... Montgomery Ward IS 3 * ... S N Y Central, ex-dividend..llll* ... 2 1 . North American 60S ... 2S Packard 8S ... q Radio 12 s * ... S Sears Roebuck 43 T 4 ... 2S Standard Oil N J 46-' Transameriea 12'a ... S United Corporation 15S ... *4 "nited States Steel 137S ... 2 Vanadium SIS ... 3 Westinghouse Electric .... 89S ... 3S NEW YORK COrFEE RANGE -Dec. 26High. Low. CiOie. March 5.95 5.90 5.91 May 1.. ;.. 5.75 5.75 5.75 !v 5.50 5.50 5.50 September 5.45 5.40 5.45 December 7.19 7.10 7.10

New York Stocks Bv Thomson At McKinnon!

—Dec. 26 Prev. Railroads— High. Lot. Close, close. Atchison 179* 176 176 178% All Coast Line 100 Balt & Oillo ... 68% 65% 65% 68% Chesa At 0hi0... 32% 38 38 39% Chesa Corp 39% 38% 38% 39% Chi Ort West... 6% 5% s* ... Chi N West 33% 32 32 34 Del l & W 80 78 78 79% CRI4P 50 47 47 50% Del & Hudson 131% ... Erie 28% 25% 25% 26% Erie Ist pfd 34% 34% Great. Northern. 60% 59 59 59% Illinois Central. 68% 68 68 70 Lou & Nash 85 88 M K & T 17% 16 16 16% Mo Paclflc 27% 27 27 % 28% Mo Pacific pfd.. 89 87 89 88 N Y Central ...115 112% 112% 117 Nickel Plate 75 76% NY NH A- H.... 73% 71% 71% 74% -Nor Paclflc 42% 48 =8 49 Norfolk At West. .. . 195 O A: "V 5 Per.n'Tivar.la ... 58% 56% 56% 57% Reading 76‘- 76 76 76% So Pacific 91 90 90 92 Southern Rv 51% 46% 47% 52 St Paul 6 5% 5% 5% St Paul pfd 9% 9% 9% 9% St L At S P 44% 42% 42% 45% , Union Paclflc .181 176% 176% 179 Wabash 14% . . W Maryland 12% 12% Ear. pments— Am var At Fdv.. 28 25% 25% *6 Am locomotive.. 20% 20 20 30% Am (Steel Fd 25% 24% 25''4 25 Am Airbrake S.. 31% 30%. 30% 31% Gen Am Tank... 55% 54% 54% 57% 1 General Elec ... 44% 42% 42% 44% ! Gen Rv Signal.. 72 68% 69 69 Lima Loco 23% 25% N Y Airbrake 23 22% Press Stl Car... 3% 3% 3% 4 Pullman 52 49% 48% 51% Westlngh Airb.. 32% 32% 32% 32% Westlngh Elec .. 93% 89% 89% 93% Rubbers— Firestone 17% 17% 17% ... Fisk % % % *, Goodrich 16% 10% 16% 16=4 Goodyear 48% 47% 47% 48 Kelly Spread .. 1% 1V 1% ' U U S Rubber.... 13% 12% 12% 13 Motors— Auburn 102 93% 94% 100% Chrysler 17 16 18% 16% Gardner 1% 1 Graham Paige.. 3% 3% 3% 3% General Motors. 35% 34% 34% 34=4 Hudson 23% 22=1 22% 33% Hupp 8 7% 8 8 Mack 36 34% 34% 35 Marmon 5% Nash 27’, 25% 26 27 Packard 8% 8% 8% B=l Piercc-Arrow ... 20 Reo 8% 8% 8% 8% Studebaker 21% 20% 20=4 21% Yellow Truck ..9% 9 9% 9% Motor Access— Am Bosch 17 Bendix Aviation. 16% 15% 16 16% Bore Warner ... 18 17% 17% 19% Briggs 17% Budd Wheel ... 9 8% 8% 8% Eaton 14 13% 13% 137s El Storagr 8... 50% 49 49% 50% Hayes Body ... 3% 3% 3% 3% Houda 4% 4% 4% 4% Motor Wheel ... 14% 14% 14% 14% Sparks W 9% 9 9% 9 Stewart Warner 18=4 15=4 16 16% Timkin Roll 43% 42 42% 43% Minin* — An: Metals 18 18 Am Smelt 40% 38% 38% 40% Am Zinc 4% 4% 4% ... Anaconda Cop.. 29% 27% 28 28 Cal & Hecla 8% 8% 8% 8% Cal At Arlz ... 34 34% Cerro de Pasco 25% 23 23% 24% Dome Mines ... 8% 8% 8% 8% Freeport Texas 29 28% 28% 29% Granby Corp . . 16% 16% 16% 16% Great Nor Ore.. 19% 19 19 19 Howe Sound.... 25% 24% 25% 24 Int Nickel 15% 14% 14% 14% Inspiration .. 8% 7% 7% 8 Kennecott Cop.. 23% 22% 22% 23% Magma Cop 22 21% 21% 12% Miami Copper.. 8% 7% 8% 8 Nev Cons 11% 10% 10=4 10% Texas Gul Sul. 45% 44% 45% 45% U S Smelt 20% 20 20 19% Oils— Amerada 18 17% 17% 18 Am Republic ... 7 7=4 Atl Refining .. . 18% 17% 17% 18% Barnsdall 11% 10% 11 11% Beacon 10 9% 9=4 9% Houston 8% 8% 814 8% Indian Refining. .. ... 3% 3=4 Mex Sbd 11% 11 11 10% Mid Conti 13% 13 13 13% Fan-Amer <B>.. 33% 33 3314 ... Phillips 13=8 13% 13% 13-% Pr Oil At Gas... 14% 14% 14% 14% Pure Cli 3% 3 8 8% Richfield 6 5=4 5% 5% Royal Dutch 37% 38 Shell Un 6=4 6 6=4 Simms Pt . 6% Sinclair 10=4 10% 10% 10% Skelly 10% 10% Stand of Cal .. 45 43% 43% 44=, Stand of N J... 47% 45% 56% 56% Stand of N Y... 21% 21% 21% 21% Texas Cos 30% 29% 29=4 30% Union Oil ?2=s 21% 22 22=4 Steels— Am Roll Mills.. 30 29% 29=4 30% Bethlehem 52=4 48% 48% 51% Byers A M 39 37% 37% 38% Colo Fuel 22% 21 % 21% 22 Cruc Steel 55% 54% 55% ... Ludlum 10% 10 10% 10'4 Midland 20% 19% 19% 20% Repub lAc 8.... 11=4 10=8 11 11% U S Steel 140 137% 137% 139% Vanadium 55 51% 51=4 54% Youngst S A: W 22% 22 22 22% Youngst S & T 70% , . Tobaccos— Am Sumatra.... 7=4 7% 7% 7=4 A Tob A (new 1 104% 102 102 105' A Tob B (new) 106% 102=4 103 106‘t Con Cigars 25% 25% General Cigar.. 33 33Vi 32% 32=4 Ltg A: Myr .B) 82% 80% 80% 82 Loriilard 12% 11% 11% 11% Reynolds Tob.. 41% 40% 40% 40=4 Tob Pr A 10% 10% 10% 10% Tob Pr B 2% United Clg 4% 4% Utilities— Abitlbi 8% B*4 8% 8% Adams Exp .... 16% 15% 15% 16% Am For Pwr 28% 27% 27% 28 Am Pwr & LI .. 41 38 38 40% a T & T 178 = 4 174% 174=4 178 Col Gas &El .. 34 33 32% 33% Com At Sou . .. 8% 7’s 8 8 El Pwr A; Li ... 39% 37% 37% 39 Gen Gas A 4% 4% 4% 41: Inti TAt T 20% 19% 19% 20% Nat! Pwr A: Li.. 32% 31=4 31% 33% No Amer Cos ••• 63= a 60% 60% 63 Pac Gas A: El.. 45=, 44% 44% 44% c ub Ser N J ... 71% 69=* 63=4 70% 3o Cal Edison.. 43% 42% <12% 4334 Scd GAt El 57=4 56 57% 57% United Corp 16% 15% 15% 15% Ut Pwr A: L A 21% 20% 21 21% West Union ....12514 124 124 127 1 • Shipping Am Int! Corp ... 19% 18% 18% 19 Am Ship At Com % V- U, Atl Gulf At W I 33% 33 ~ 33% 33% Inti Mer M pfd. 15% 15% 15% 15% United Fruit ... 51 48% 49% 50% Foods— Am Sug 41% 39 Vi . 40% 40% Armour A ..... 3% 3% 3% 3% Beechnut Pkg 50% 49% Cal Pkg 44% 43% 43% 44 Can Dry 34 32 32 33% Childs Cos 25% 24% 23 25% Coca Cola 142% 138% 138% 142% Cont Baking A. 18% 17% 18 19 Corn Prod 72 69% 69% 71 Crom Wheat 26% .. I Cudahy Pkg 4040

Produce Markets

Eggs (Country Run• —Loss off delivered in Indianapolis. 20e: henery Quality No. 1 25c; No. 28. 15c. Poultry ißuvlns Prtcest— Hens, welching 5 lbs. or over. 17c: under 5 lbs.. 15c: leghorn hens, lie: stringers. 5 lbs., or over. 16c: or under 5 lbs.. 15c: ducks, springers 11c: old cocks. 9® 11c: ducks, full feather fat white, 11c: geese. 11c. These prices are for No. 1 top Duality auoted bv Kinean As Cos. Butter (wholesale!—No. 1. 31®32c; No. 2. 30®Slc. Butterfat—27c. Cheese (wholesale selling oriee per nound)—American loaf. 31c: pimento loaf. 32cc: Wisconsin firsts. 27c: Longhorns. 34c: New York Limbereer. Sfc. By United Press CHICAGO. Dec. 26.—Eggs—Market barely steady: receipts. 6.670 cases: extra firsts, ?;c; firsts. 26c: current receipts. 25c; ordinaries. 20®23c: seconds. 13017 c. Butter—Market, weak; receipts. 5 655 tubs: extras. 28c: extra firsts. 27®27 ! |!c: firsts, 25i?26c: seconds. 24@24’ac: standards. 2"’ ic. Poultry—Market steady; receipts 3 cars: fowls. 20c: springers. 22c: Leghorns. 14c: ducks. 19c: geese. 16c: turkeys. 26® 34c: roosters. 14c: twins. 16016'4c: young Americas. 16 J 4C. Potatoes—On track. 229; arrivals. 114: shipments. 517: market steady; Wisconsin sacked Vound whites. 91.40® 1.60: Idaho sacked Tussets, $1.75 a 1.85; Colorado McClures, branded, mostlv $2: apples. $1.4002.25 per bushel. By United Press NEW YQRK. Dec. 26.—Flour—Dull and unchanged: spring patents. $4.40® 4.80. Pork—Dull: mess. $30.50 . Lard—Steady; middle west spot. $9.600 9.70. Tallow Quiet: special to extra. 4*<<i4ic. Potatoes —Steadv to firm; Long Island. $1.7503.85 barrel*; Maine. $2.85® 3.65 barrel: Bermuda. $7510 barrel. Sweet potatoes Steadv; southern baskets. $1.50; jersey baskets. 75c*;’3.25. Dressed poultry Quiet: turkevs. 29043 c: chickens. 20® 37c: capons. 25044 c: fowls. 25 334 c: ducks. 13023 c; ducks. Long Island. 21® 22c. Live poultry—Quiet; geese. 126.20 c: ducks. 13® 2 ic: fowls. 140 27c: turkevs. 25030 c; roosters 12013 c; chickens. 19®28c: capons. 27040 c; broilers. 30®47c. Cheese Quiet; state whole milk, fancy to specalls. lSo22'ac; young Americas. li l 2 ©2lc. By United Press CLEVELAND. Dec. 26,—Butter—Extras. 38c: standards. 37‘ 2 c. Eggs—Extras, 28c: firsts. 25c. Poultry—Heavy fowls. 22c: medium. 17018 c; Leghorn fowls. 16® 17c: broilers. 18c: Leghorn broilers. 15j?i6c: ducks. 18 :20c; old cocks. 13c: geese. 150 16c: turkeys. 35638 c. Potatoes—Ohio round whites. sl.lO per 60-lb. sack; Maine Green Mt.. $2.350 250 er 120-lb. sack; Idaho Russet. $2.25® 2.50 per 100-lb. sack. By United Press CINCINNATI. O. Dec. 26 ButterSteady; creamery in tub lots, according to score. 27030 c; common score discounted. 2 :3c: packing stock No. 1. 25c: No. 2. 15c: No. 3.10 c; butter fat. 23®25c. Eggs —Lower: cases included extra firsts. 32c; firsts. 25c: seconds. 22c: nearby ungraded. 28c. Live poultry—Thin and coarse stock sells only at heavy discount; Fowls 5 lbs. and over. 17c: 4 lbs. and over, 15c: 3 lbs. and over. 13c: Leghorns. 3 lbs. and over. 13c: roosters. 13c: capons. 8 lbs. and over. 30c: under 8 lbs.. 26c: slips. 21c; stags. 16c: colored frvers over 3 lbs.. 21c: over 3 lbs.. 21c: broilers colored. lt lbs. and over. 21c: broilers, partly feathered. 13c: leghorn and Orpington fryers over 2 lbs.. 15c: roasting chicks 4 lbs. and over. 21c; black snrtogers. 12c-,

, Gen Foods 48 47 47% 48% ;Grand Union 10% ... Hershey 86 Kroger 18% 17% 17% 18% Nat Biscuit .... 76= 75% 75% 77% Pillsbury 27% 27 27 27 Safeway 8t ... 43 41% 42 44 Std Brands 16% 15% 16 16% ! Ward Bkg 2% 3% Drugs—- | Coty Inc ... 8% 8% 8% 8% Lambert Cos .... 76=8 75% 75% 76% ; Lehn At Fink .. 23% 22% 22% 23% Industrial Am Radiator .. 16% 15% 15% 16% Bush Term 24% Certainteed 2 2 Gen Asphalt ... 24-4 23% 23% 24 Lehigh Port 12% ... Otis Elev 54% 52% 52% 53% Indus Chems— Allied Chem ... 185 178 178 184 = 1 i Com Soiv 15% 14% 15 15% Union Carb 57% 56 56 57% U 8 Indus Alco 56% 55 55 56% Retail Stores— Assoc Dry Gds.. 22 20% 20% 22 Gimbel Brgt 4% 4% Kresge S S . . 24% 26% 36% 26% Mar D Store... 28% 28% 28% 29% Mont Ward 16% 15 s . 15=4 16% Penny J C . ... 29% 28% 28% 29% Schulte Ret St.. 4% 4 4 4% Sears Roc 46% 43% 43% 46% Woolworth ..... 55=8 52% 52% 54% Amusements— Bruns Balke ... 10% 10 10% 10% Col Graph 8% 8 8 8 Croslev Radio 3% 3% 3% 4 Eastman Kod ..152 146 146 147 Fox Film A 28% 26% 27% 28 Grigsby Grunow 3% 33 3% Loews Inc 46% 44% 44% 45 Param Fam .... 37% 36 36% 37% Radio Corp 13% 12% 12% 13 R-K-O 16*8 15% 15% 18 Schubert ... 4% 4% Warner Bros 14% 12=4 15 13% Miscellaneous— Airway App 7% ... City Ice & Fu.. 36 35% 35% 35% Congoleum 6% 6% 6*B 6% Amer Can 113% 109% 109% 112% Cont Can 45% 47 47% 48 % Curtiss Wt 2% 2% 2% 2% Gillette S R 20=8 18* 18% 21 Real Silk 24% Un Aircraft 22% 20% 20% 22 MERCER PLANS COMPLETED BY SURETY FIRMS

Illinois Company Assumes Control of Security Auto Association. Merger of the Iroquois Automobile Undewriters. Inc., of Danville, 111., with the Security Automobile Insurance Association of Indianapolis was announced today by Charles A. Lenz, Iroquois president. The consolidation became effective today with the Iroquois assuming full control, it was announced. Holdings of James H. Houck and E. W. Houck of Indianapolis in ths Security Automobile Insurance Association were acquired by the new organization. Assets Increased Organized in 1919 with home office In Danville, the Iroquois Automobile Underwriters is represented m most of the larger cities and many of the smaller localities throughout Indiana and Illinois, The Security Automobile Insurance Association, which was incorporated in 1921, confined its operations entirely to Indiana, with general offices in the Consolidated building here. The merger will increase materially the assets of the company and greatly decrease the cost of operations, Lenz said. In 1929 the combined premium income of the two companies was more than $525,000. Springer Retained A re-insurance of all the policyholders of the Security Automobile Insurance Association in the Iroquois Company has been approved by both the Indiana and Illinois Insurance departments. The writing of policies as well as all other business of the Indiana district will be taken care of by the Indiana branch of the Iroquois which will occupy the former offices of the Security Automobile Insurance Association. John C. Springer, formerly general manager of the Security Automobile Insurance Association, will be retained as vice-president of the new organization and general manager of the Indianapolis branch office. According to the announcement, Jackiel Joseph will be retained as general counsel for the company in Indiana and E. B. Grimmesey will continue as manager of the Indiana claim department.

Cash Grain

—Dec. 26 The bids for car lots of grain at the call of the Indlanatiolis Board of Trade, f. o. b.. shipping point, basis 41'be New York rate, were: Wheat—Easy: No. 1 red. 7474076‘bc: No. 2 red. 72Vi@74Vic: No. 1 hard. 70%®72%c. Corn—Firm: No. 4 white. 60fi 62c: No. 5 white. 56> ; ,(u58 1 ..c: No. 4 vellow, 56 2ff? 58' ; c: No. 5 vellow. 54'b®56’ic; No. 4 mixed. 53Vi(R55Vhc; No. 5 mixed. 51*,b® 53’'be. Oats—Ease: No. 2 white. 29®30c: No. 3 white. 275128 c. Hay—Steady, (f. o. b. ccuntrv points taking 23%c or less rates to Cincinnati or Louisville'. No. 1 timothv. sl6®. 16.50: No. 2 timothv. 5155U6; No. 3 timothv. sl3® 14; No 1 light clover mixed. $16016.50: No. 1 clover mixed, $16@17; No. 1 clover hay. $17.50018. —lnspections Wheat—No. 1 red. 2 cars; No. 2 red. 1 car: No. 2 hard. 1 car: No. 3 hard. 1 car. Total. 5 ears. Corn—(New' No. 3 white. 5 cars: No. 4 white. 6 cars: No. 2 vellow. 1 car: No. 3 vellow, 10 cars: No. 4 vellow. 34 cars: No. 5 vellcw. 7 cars: No. 6 vellow. 1 car: No. 4 mix“d. 5 cars: sample mived, ’1 car. To'nl. 70 care. Oats—No. 1 whit 0 . 5 cars: Ho. 2 white. 3 cars. Total. 8 cars.

In the Cotton Markets

• (Bv Thomson & McKinnon i NEW YORK, Dec. 26.—The cotton market today was quiet. Prices were about unchanged. Foreign markets are closed until Monday. The old crop will be little talked about after New Year’s. The feature will be possible acreage reduction and the decrease in the use of fertilizer. Aside from the weather, these two make the crop one way or another, and in our opinion, a sharp falling off in both is reasonably certain. The contract markets are not carrying as much of the crop for the general public as is usual. Os course, the public's place has been taken, to a great extent, by the farm board. As planting time approaches, however, we believe the current news will be bullish and much prefer a long position for that reason. NEW ORLEANS —Dec. 25High. Low. Close. January 9.79 9.64 9.64 March 10.05 9.89 9.89 May 10.28 10.13 10.15 July 10.55 10 38 10 38 October 10.74 10.53 10.55 NEW YORK High. Low. Close. January 9 72 9.59 9 59 March 10.04 9.90 9.90 Mav 10.34 10.17 10.18 July 10.58 10.41 10.41 October 10.75 10.59 10.50 CHICAGO High. Low. Close. January 9.88 9 73 9.73 March 10.14 10.00 10.00 Mar 10.37 10.23 10.23 July 10.64 10.48 10.48 October 10 81 10.65 13.61

THE INDIANAPOLIS TIMES

PORKERS SHOW FIRMER TREND AT CITYYARDS Cattle Market Strong With Veals Up $1; Sheep Hold Even. HOGS Dec Bulk. Early Top Receipts. 18. $8.00% 8.20 38.20 7,000 19. 8.15® 8.30 8.35 5,000 20. 8,104; 8.30 8.35 3.000 22. 8.204; 8 40 8 40 6.000 23. B.lo® 8.30 8.35 6 000 24. 8.25® 8.45 8.50 3.000 26. 8.30® 8.50 3.50 7.000 Hogs showed a definitely stronger trend this morning at the union stockyards, prices ranging steady to .* cents higher, mostly 5 cents up. The bulk, 120 to 300 pounds, sold for $8.30 to $8.50, the latter figure holding as the early top. Receipts were estimated at 7.00*1, holdovers were 129. In the cattle market slaughter classes trend higher. Receipts were 700. Vealers sold $1 up, calf receipts numbering 300. The sheep market held strong, selling generally at $8.50 down. Receipts were 1,000. Chicago hog receipts were 42,000; including 17,000 direct. There were 1,000 holdovers. Asking was steady with Wednesday’s average, a few early sales and bids on light lights and pigs around steady. The bidding was 10 to 15 cents lower on heavy weights. Few sales of light lights and pigs at $8.25 to $8.50; some 220 pounders sold at SB. Cattle receipts were 3,000 and calves 2,000. The market was steady. Sheep receipts 13,000. market steady.

HOGS Receipts. 7,000; market, higher. —Light Lights—-(l4o-160) Good and choice. 8.40 —Light Weights—-(l6o-180) Good and choice.... 8.50 (180-200) Good and choice... 8.50 —Medium Weights—-(2oo-2201 Good and choice... 8.45 (220-250) Medium and g00d... 8.40® 8.45 * —Heavy Weights—-(2so-280) Good and choice... 8.30® 8.35 (290-350) Good and choice.... B.oo® 8.30 —Packing Sows—-(27s-500) Medium and g00d... 6.75® 7.50 (110-130) Slaughter pigs 8.15(0. 8.30 CATTLE (Slaughter Class) ' Receipts. 700; market, stcadv. Good and choice $11.00(3,13.50 Common and medium 6.75®11.00 (1,100-1.500) Good and choice 10.50(3,13.00 Medium [email protected] —Heifers—-(soo-850) Good and choice $ [email protected] Common and medium 5.00® 8.50 Good and choice 5.25® 7.00 Common and medium 4.00(3) 5.25 Low cutters and cutters 2.50@ 4.00 —Bulls (yearlings excluded)— Good and choice beef 4.50® 6.25 Common and medium 3.00® 4.50 CALVES AND VEALERS Receipts. 300; market, steauy. Good and choice $11.00(311.50 Medium 7.00(3 11.00 Cull and common 5.00® 7.00 —Calves—- „ J (250-300) Good and choice 5.50® 9.00 Commoi and medium 3.00<§ 5.50 STOCKERS AND FEEDER STEERS Good and choice $ 6.50® 8.50 Common and medium 4.50',) 6.50 _ . (800-1,500) Good and choice 6.50® 8.50 Common and medium 4.75® 6.50 SHEEP AND LAMBS Receipts, 1,000; market, steady. Good and choice $ 7.50® 8.25 common and medium 5.50® 7.50 _ ~ , Ewes—cull and common I.oo® 2.50 Medium and choice 2.50® 3.75 Oiher Livestock By United Press .CHICAGO. Dec. 26.—Hogs—Receipts. 42.006: including 17,000 direct; weights un- , k s " active, steady: others slow, 10®15c lower; packing sows, steady; top, 58.50: buik. 130-220 lbs.. [email protected]; 230300 lbs., si.6s@B; packing sows. $6.75® 7-25: light lights. 140-160 lbs., good and choice. $8.25(3 8.50; light weights. 160-200 lbs., good and choice. [email protected]: medium fights. 200-250 lbs., good and choice, [email protected]; heavy weights. 250-350 lbs., 5?P < V an , ( l choice. $7.50®8; packing sows. 270-500 lbs., medium and good, $6.65&7.35: slaughter pigs. 100-130 lbs., good and choice. 57.75®8.50. Cattle—Receipts, 3,000; calves, 2,000; general market uneven but mostly steady; largely steer run, bulk selling at s9® 11.50: choice kinds absent; best, $12.25 for 1.316-lb. averages; she stock slow, steady: vealers, strong at $8.50®10; few sll and better: shippers not very active for fat weighty steers. Slaughter cattle and vealers: Steers, 600-900 lbs., good and choice. $10.75® 14.75; 900-1100 lbs., good and choice. [email protected]; 11001300 lbs., pod and choice. $10.20@ 14.25; 1300-1500 lbs., good and choice, $9.75® 15-(?: 800-1300 lbs., common and medium, [email protected]; heifers. 550-850 lbs., good and choice. $8.25® 12; common and medium. $5 @8.25; cows, good and choice. [email protected]; common and medium. $4®5.25; low cutter and cutters, s3@ 4: bulls, yearlings excluded. good and choice beef. [email protected]; cutter to medium, [email protected]; vealers, milk fed, good and choice. $8.50@11: medium, s7® 8.50; cull and common, ss@7. Stocker and feeder cattle—Steers. 500-1050 lbs., good and choice. s7@9: common and medium. 55.50@7. Sheep—Receipts. 13.000: fat lambs, fairly active: strong to 25c higher: bulk better kinds. 58.25®8.50; top. $8.75. Sheep and feeders around steady. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice. $7.50® 8.75; medium. $6.25 @7.50: all weights common, $5.25®6.25: ewes. 90-130 )bs.. medium to choice, s2® 3.75; all weights, cull and common. sl® 2.50; feeding lambs. 50-75 lbs., good and choice. [email protected]. By United Press

PITTSBURGH. Dec. 26.—Hogs—Receipts. 4.200: holdovers 300: market slow. 10®15c lower: 140-210 lbs., $3.6508.75; 220-260 lbs.. $8.4008.60: sows around 25c lower: good grade sows around $7®7.20. Cattle—Receipts, 25: market, nominally steady. Calves—Receipts. 125: market steadv to strong: bulk better grade vealers. $9.50® 11.50: selected lots up to sl2. Sheep—Receipts. 2.000: market s low: fat lambs steadv to strong: choice mediums. 58.7509: choice fed western lambs. $9; medium to good grade. s7@B. * By United Press EAST BUFFALO. N. Y.. Dee. 26.—Hogs —Receipts. 5.500: holdovers. 600: slow, unevenly 15®35e lower: weights Bbove 200 lbs. off most: desirable 150-170 lbs.. $8.73 08.85; 190-210 lbs.. $8.65; 220-340 lbs.. $8.50: 130 lbs. down $8; sparingly $9.23. Cattle—Receipts, 250- fairlv active, steadv; common steers and heifers. 56.7557.75: cutter cows. $203.75. Calves —Receipts. 450: vealers active, mostly $1.50 higher. sl3 down. Sheep—Receipts. 3.300: lambs dreggy, weak to 25c lowe r : good to choice 90 lbs. down. $9.75: few selections. $9: medium and strong weights around $8: throwouts, $6.75 S7. By United Press FT. WAYNE. Ind.. Dec. 26.—Hogs Market, steadv: 100-140 lbs.. $8.10: 140-200 lbs.. $8 20; 200-250 lbs.. $8.10: 250-300 lbs.. S8: 30-350 lbs . $7.80: roughs. $6.50: stags, $5; calves. $11.50; lambs. 7.5007.75. By United Press CLEVELAND. Dec. 26.—Hogs,—Receipts, I. holdover none: steadv to 10c, spots higher: topping. $8.75 on weights to 210 lbs. down; 20a-250-lb. weights. $8.50 0 8.60: carrying occasional lighter offerings at outside: sows. $6.7507: stags. $5. Cattle— Receipts. 300: fully steady; spots stronger on cows: bulk common to medium steers, [email protected]: occasional lots downward to $6.50 and under: low cutter to good cows. s3®6; bulk sausage bulls, $5.50 downward. Calves—Receipts, 200: good to choice vealers mostly 50c higher at $12.50 013. Sheen—Receipts. 1.800: lambs strong to mostlv 25c higher: heavies 50c over late last week: bulk good to choice lambs. $9; heaves, $7.50. By United Press FAST ST. LOUIS. 111.. Dec. 26.—Hogs— Receipts. 16.500. including 400 direct: market steadv to 15c lower: top. $8.40; 130-210 lbs.. $8.2508.40: 220-260 lbs.. $8®8.20: 100-130-lb. pigs. $7.750 8.40: sows. $6.750 6.85. Cattle—Receipts. 1.800: calves. 800: market, vealers 75c higher: other classes slaughter stock generally steadv: few steres early, mostly lightweights. $10.750 12. SheepReceipts. 1.800: market, no early sales: indications around steadv; mostly $8 on lambs. By United Press CINCINNATI. Dec. 26.—Hogs—Receipts. 5.900. including 1.700 direct; holdover none: fairly active, mostlv 10c lower on hogs scaling upward to 210 lbs.: heavier weights slow, very uneven: better grade. 150 to 240 Its., early $8.50 0 8 65; mostly $8.65 on 210 lbs. down; 250 to 260 lbs. down to 58.25: some late sales 210 to 250 lbs.. $8.2508.50: light lights steadv: 120 to 150 lbs. 58.25: sows unchanged: bulk. $6.75. Cattle—Receipts. 500: calves. 150: generally steadv: odd lot of lower grade steers and heifers. S6O 7.75: more desirable kinds up to $9.35; most beef cows. $4.75® 5.75: bulk low cutters and cutter cows. $3.250 4.25: bulls. $3.75 down: vealers active. mostly 50c higher, spots $1 up on choice kinds late: good and choice. slo® 11. lower grades. $9.50 down. Sheep— Receipts. 200: lambs steady to 25cl higher: sheep steady: better grade and handv weight lambs mostly $8.5058.75: some choio* kinds upward to $9: common and medium. $6.5007 50: fat ewes. 2®j.

BELIEVE IT or NOT

~ ' :), ■IRINS WAS THE NIECE OF AGOVERNOR. t STREW AMD GRANDMOTHER. ST niHIEL OF A GOVERNOR FRftNCC Thomas Rutledge - who gave a Cemetery to Empire (ill) township was The *** - - —— ftRST TO 8E ©URIED IN IT

Dow-Jones Summary

—Dec. 26 Texas & Pacific Railway November surplus after charges $191,803 against $495.722. For eleven months surplus $3,218,291 against $5,925,239. Production of electricity in United States for week ended Dec, 20 was 1.765.588,000 kwh. against 1,748.063,000 kwh. in previous week and 1,866.781.000 in like week 1929 and 1,710,000.00 in 1928, according to National Electric Light Association. New Haven Railroad eleven months net 56.59 a common share against $10.25 a share in like 1929 period. i, Agreement between Mexican ministry of finance and National City bank for loan of $25,000,000 for purpose of stabilizing Mixican silver currency, according to semiofficial sources in Mexico City. Boston and Maine surplus after charges was $293,028 against $160,723 in November. 1929. For eleven months surplus was $5,101,013 against $5,826,880. Chicago Eastern Illinois November net operating deficit $150,379 against net operating income $34,903 in November. 1920. Eleventh months net operating deficit $690,528 against net onerating income $2,112,693. Fashion park associates November net sales $1,799,448. Eleventh months $23,331.245. Conversion prices at which stock will be isued in exchange for ten-year con-

ln the Stock Market

(By Thomson & McKinnon) NEW YORK, Dec. 26.—General weakness In the commodity markets, particularly wheat and corn, was the dominant influence in today’s stock market. Merchandising and farm implement stocks, which have been for some time sensitive to the commodity situation, were conspicuously weak. The mail order shares breaking into new low ground, contributed more or less to general weakness throughout the list. The array of November rail earnings statements provided no stimulation for the market, although they differed little in character from those of the preceding months. Naturally, interest in the market is usually at low ebb at this time of the year. Tax selling and adjustments of year-end variety continue to be market factors, but have little bearing on the future course of the market and reflect little in the commercial background. With general business activity so slack, it is quite unreasonable to expect it to remain so very long. Beginning with the new year, industrial operations are expected to expand. If we may judge by the unfilled steel orders, the usual pickup in the motor industry, following the annual automobile shows, and the more or less customary resumption of work in miscellaneous plants following inventory checkups, we have good reason to expect increased industrial activity. Just when and to what extent the market may attempt to discount this improvement remains to be determined. Perhaps the turn of the year may afford the psychological stimulus.

Other Livestock By Times Special LOUISVILLE. Kv.. Dec. 26.—Hogs—Receipts. 700: market, steady: 325 lbs. jp, $7.80: 175 to 325 lbs.. $8.40; 130 to 175 lbs.. $8; 130 lbs. down. $7.20: roughs. $6.75; stags. $5.75. Cattle—Receipts. 100: market steady: prime heavy steers. $8.50510.50: heavy shipping steers. $7.2508.50; medium anp Dlain steers. $607.25. fat heifers, $4.50010: good to etioice cows. s4® 5.50: medium to goods cows. $3.50 24; cutters. $304; cutters, 5353.25; canners. $252.75: bulls. $3 5005; feeders. $6.50 0 7.50: Stockers. s4®7. Calves—Receipts. 100: market $1 higher: good to choice. sß®9: medium . $627.50: common to medium. 53.50® 5.30. Sheep—Receipts. 50 marke: steady; ewe and wether lamb*. $7.30: buck lambs. $6.50: seconds. s4® 4.50: clipped sheep. s2® 3: Wednesday’s shipments, cattle, none: calves 191; hogs, none: sheep, none. •By United Press TOLEDO. Dec. 26.—Hogs—Receipts. 200: market steadv to 10c higher; heavies. $7.90 08.15: mediums. *8 25 0 8.40; vorkers. $8.3508.50: pigs. $8.3508.50. Cattle—Receipts. light: market, steady. Calves—Receipts. light: market, stronger. SheepReceipts. light: market, steady. DIVIDEND IS DECLARED CHICAGO. Dec. 26.—The regular quarterly cash dividend of 62’i cents a share was voted today by the directors of Sears, Roebuck & Cos. and made payable Feb. 1. to stockholders of record Jan. 9. The same will be effective to cover a 1 per cent stock dividend recently voted by the directors.

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

vertible 4Vi per cent debentures of American Telephone and Telegraph will be changed on Jan. 1, 1931. from $166.88 to $175.46 per share effective during 1931 and 1932. Bank of France statement as of Dee. 19, shows gold 53,283,000,000 francs against 52,900,000,000 on Dec. 12, circulation 75,369,900,000 francs against 75,298.000,000 francs and ratio 53.78 per cent against 53.77 per cent. November newsprint exports from Canada were $9,746,067 against $11,445,420 in October and $13,294,287 in November, 1929. Exports of pulp and papers were $13,373,608 against $15,036,321 in October and $17,952,008 In November. 1929. Eleven months newsprint exports were $120,818,396 against $135,652,449 in like 1929 period. Moxie Company of America stockholders to vote at special meteing Dec. 3! on plan of merging with Moxie Company and Pureoxie Company. Stockholders of latter two companies closely held already have agreed to merger. Arrangements made for sale of two Stock Exchange memberships at $200,000, each off SIO,OOO from previous sale

Chicags Stocks " 11 1 1 By James T. Hamill & C 0.% "" TOTAL SALES 88,700 SHARES “—Dec. 26High. Low. Close. Adams Mfg 20% 20 20% Allied Motor Ind I*4 Art Metal Works 4 3% 3% Benco Kentucky % •Bendix Aviation 16% 16 16 Borg-Warner 19% 18% 19 Borg-Warner 19% 18% 19 Butler Bros 5 4% 4% Cent 111 Sec 23 22% 23 Cent Pub Sery Cl A.. 13% Cent & So West 13 Cities Service 15% 15% 15% Commonw Edison 221 Construct Materials ... 8 Const Materials pfd... 27 Continental Chicago .. 5% 5% 5% Conti Chicago pfd .... 35% 35% 35% Cord Corp 5% 5% 5% Corp Securities ctfs ... 14% 14% 14% Electric Household 23% 23 23% Gen Water Wks “A"... 7% 7 7% Gleaner 5 4% 5 Great Lakes Aircraft... 1% 1% 1% Grigsby Grunow 3Vs 33 Hart Carter pfd 10 9% 10 Houdaille Hershev “A" 10% Houdaille Hersliey “B” 4% Insull Util Invest 29% 28 28% Insul Ut In pfd ex-war 74% 74 74% Iron Fireman 16% 15% 18% Kalamazoo Stove ..... 28 Kan Rad Tube & Lamp. 3 Keystone Steel 10% Libby McNeil 9% 9% 9% Lion OH Refining Cos.. s'/s Lynch Corp 13% Ma] Hshold Util 6% 6 6 Manh-Dearborn 16 15 Vi 16 Marshall Field 26% 25% 26 Middle West Utilities... 17 16% 16% Mis-Kan Pipe Line 5% 5% 5V* Nat Elec Pow A 21 20% 20% Nat Repub Inv 33% Nat Sec Invest 5Vi 5 s'/s Natl Sec Invest ctfs 66 ... ... Nat-Standard 24 No & So Am Corp ... 7% 7 7% Ontario Mfg 8 ... ... Parker Per. 16% 16 16 Pines Winterfront 16 14 13% Ross Gear 20 Seaboard Utilities Shar 3% 3% 3% Standard Dredging Cos.. 7 Standard Public Service % % % Super-Maid 7. 3% 33 Swift &Cos 27%. 27% 27% Swift International .... 37’. 37 3a% U S Radio & Tel 13%. 13 H Utility & Ind 5% 5V* 5% Utility & Ind Pfd 15%. 15% 15% Zenith Radio 2% 2% 2*4

Investment Trust Shares

By R. H. Gibson <fc Cos. —Dec. 26PRICES ARE TO 12 NOON C. S. T. Bid. Ask. Amer Founder's Corp. com ... 3?* 3 S 4 Am <fc Gen Sec "A" 14 ... Am Inv Trust Shares 5* 6 Basic Industry Shares s'e 6’s Corporate Trust Shares 5*4 6 Diversified Trustee Shar 'A' 15*4 16' i First American Corp 7H 77* Fixed Trust Oil Shares 4 J * s‘v Fixed Trust Shares 'A' 14 Inv Trust N Y 6* 7>a Leaders of Industry. Series A 7 T s ... National Wide Securities ... 6'. 6 s * National Industry Shares ... s*. 6’, N Am Trust Shares 6‘i Sel Am Shares 5 s'i Shawmut Bank Inv Trust ... 6 8 Universal Trust 6 s i 6* S \V Strauss Inv Uints 45 54 Super Corp of Am Trust Sh 6=4 7 : Trustee Std Oil “A" s!s 6U Trustee Std Oil "B" 6* U S Elec Light & Pwr "A'’ 27’* 2974 RAW SUGAR PRICES —Dec. 26 High. Low. Close. January 1.13 1.G7 1.13 March 1.21 1.17 1.20 i Mav 1.29 1.25 1.27 ; Julv 1.35 1.53 1.34 September 1.43 1.40 1.42 December 1.51 1.48 1.50 Deaths Margaret Huston. 35. Robert W. Long 1 hospital, diabetes millet us. Imogene Henderson. 1. city hospital, i cerebro spinal meningitis. Jessgc McCullough. 48. Methodist hos- ; pital. accidental. , Augusta Robards. 77. Methodist hospital. ; chronic myocarditis. i Elea McCracken, 38. Methodist hospital, I septicemia. Melissa Hall. ?4. Christian hospital, cari dio vascular disease. Maud D. Warner. 53. 416 Linvood, carcinoma. j Cijr.ee B. Barrett. 79. Methodist hospital, i chronic nephritis. I Sarah Beaver. 80. 2952 North Sherman i drive, broncho pneumotHa.

Rl7 Rcrtstend c. s JLP y l atent Office RIPLEY

Following is the explanation of Ripley’s “Believe It or Not” which appeared in Friday's Times: The Waters of Providence Spring—At the time of the Civil war, a prison camp was established in Andersonville, Ga.. the camp being inclosed in a stockade through which ran a filthy stream. The prisoners longed and prayed, not only for food, but for good water to drink, and on the night of Aug. 16, 1864, during an electrical storm, a bolt of lightning miraculously opened a pure water spring within the stockade. Believing the breaking forth of this spring to be a miracle of divine providence, the devout men in the prison named it Providence spring, the name given tc its memorial pavilion in Prison park, national cemetery, Andersonville, Ga. Monday: A “Believe It or Not” cf Olden Times. Births Boys Willie and Ruby Britt. 520 West Merrill, Hyland and Pauline Hill. 2020 Hovey. . Curtis H. and Freda E. Boyer. 1730 Lockwood. Jefferson and Katharine Marshall, 1215 Broadway. Pari Edward and Leota Paluine Clem, <OS South Keystone avenue. G - End Hazel Smartz, Indiana Christian hospital. „ Fjord and Neenah Daniel. 1261 North Tibbs. .Robert and Isadore Hill. Coleman hospital. hospital* Snd Geneva Knight. Coleman will Andrew and Lois Irene McCullough Coleman hospital. K ' Delmare and Alice Reeves. Coleman hospita]. pi Paut and Mildred Turner. Coleman hoshospltapCe and Martha Reed - Coleman Windelf bUS and Anna House - 2157 North \tfest m street and Eva Livlnsston - 932 South street and Etella Hinds ’ 1751 South Illinois John E. and Coryl B. Plner. 2204 East Pleasant. ‘ wl ' Girls v,?. Sr w rd ß . E ’ and C!ara 516 East woodlawn avenue. Hubert and Elma Ford, 121 Alvord. TwentjMeighth. and Yida Lair ’ 3638 East Wiley and Elsie Bonham. 947 Bell St South e ßa E ndo a ph. Ethel M Norman ’ 1151 mond l and M3rie Rathz ’ 117 East RayKey slone EVa M ’ Eouthard - 285 Hamilton* W ‘ 3nd Buth C2S North York"" EdlU A1 Faralee ' 3825 We*it"Th 1 rtv ff.t HarTlett V ’ 1242 hoepitsf and Assunta Lombard. Coleman Ray and Inez Dlllman. Coleman hosPital. Charles and Ollie May, Coleman hosPital. Harold and Thelma Michael. Coleman Hospital. hospital End A(rnes Mont gomery. Coleman Thomas and Hattie Parker, Coleman Hospital. p jCt|arles and Hilda Stroud. Coleman hosTheodore and Florence Whalen. Coleman hospital. Harold F. and Estella D. Whitmore, Coleman hospital. A£am and Bertha Zlotkawski. Coleman hosp.tal.

Local Wagon Wheat

City grain elevators are paying 70c foi wheat rCd wheat and esc or No * 1 iiarc

JOIN NOW Our 1931 Christmas Savings Club now being organized. Different plans to suit any saver. AETNA Trust & Savings Cos. 23 X. Pennsylvania St.

WHITE VALLEY RETREAT A Sanatorium for LIQUOR AND DRUG ADDICTS Homelike Atmosphere and Hospital Efficiency NO VIOLENT METHODS Reasonable Rate. Information Upon Request 883 E. Washington St. Phone 345 Martinsville, Indiana “The City of Healing Waters’’

DEC. 27, 1930,

GRAIN FUTURES FORCED LOWER BEFORE CLOSE July Wheat at Lowest Point, Since 1896: Corn Dips in Sympathy. By United Press CHICAGO, Dec. 2d.—July wheat! fell to 62T cents, the lowest leve; since 1896, on the Board of Trade today, in sympathy with the weakness in corn. Trade was light and the market easily influenced. Support was lacking, though pna. v covered moderately. Com slumped heavily to successive lows for all deliveries under persistent selling. It appeared as though a long line were being sold out. Stop loss orders were picked up in abundance, the decline being checked by buying against bids and on resting orders. Oats were dull but lower with com. Attendance Light At the close July wheat was 2% cents lower, with the old crop deliveries •% cent to 1% cents lower, com was 2% cents to 2% cents lower and oats were % cent to 1 cent lower. Lard was steady, with December sharply higher, but meats were weak. Buenos Aires weakened materially during the day, dropping to IVcent lower at mid-day, but it had no effect here. Attendance was very light on the floor, many traders being away for the holidays. Cash prices were cent lower. Receipts were 103 cars. Sentiment Bearish There was a moderate rally after the market had broken to new low:early, but prices still were ! i to % cent lower at midsession. The start was steady, but selling on the favorable weather for the movement and larger receipts at western points caused the break. Sentiment was mostly bearish. Trade was vert light, the market falling and recovering on a few transactions. Cash prices were % to 1 cent lower Re - ceipts were 113 cars. Oats were steady to easy, local selling in sympathy with the weakness in the other grains holding the market unchanged to Vi cent off around midmorning. There wa. moderate commission house support on the dip. Cash prices were Vi to Vi 'cent lower. Receipts were thirtyone cars.

Chicago Grain Table . —Dec. 26 WHEAT- Prex. „ ... Oppii. Hign. Low. Close, close. Dec. fold). .77% .77*, .76% 76% 77% New . 7j % 771, Mar. (old). .80% .31 .79*2 .79% - 81 " „ N IT- 8 ' I '* 8112 80 .80' .81% May (old). .81% .82 .81 .81 .82 . New. .82% .82* i .81% 81% .82*, JU CORN—' C “ • 66! •824'* -2% .65% Dec. (old) . .63% .63% .61% .61% .64% New. .63% .63% .81% .61% .64 , Mar. (oldl. 67% .67% .64% .64% .67% New. .67% .67% .65% .65% .68% May (old*. .69*11 .69% .86% 66% 69% , New. .69% .69% .67% .67% .69% July 70% .71 .68% .68% .71 OATo — Dec. (Old). .31% .31% .30% .30% .31% Mrr. (o’.d*. .32 .32% .31% .31% 32% New. .32% ,32'a .31% .31% !32% May (old*. ,33*. ,33*. .32% 32% 33% New. ,33* b .33*4 .32*8 .32% !33% Jriy 32% .32% .31 .31% AW X £j Dec. (old). .41 .42 .40*4 .40% 41% Mar. fold*. .43 .43 ao'-t 41 43 New. .42* b .42% .41% Ul% May (old*. .43% .43% .41 41% 43*; New. .43*0 .43% .41*4 jll% JU LARD-” 43 ' 4l ' % AVi •% Dec 9.22 9.62 5.17 0.62 925 Jan. . 8.7 C 8.70 8.65 8.70 8.70 feb. 8.70 8.67 M® r 8.70 8.67 M BELLiE^ B ° 883 877 885 877 J?n 10.80 11.05 Mav 11.05 11.37 July 11.25 11.85 BP Timex Special CHICAGO. Dec. 26.—Carlots: Wheat, 15; corn. 84: oats. 30; rye, 0, and baric-, Dp United Prcxs CHJCAOa Dec. 26.—Cash grain close: Wheat—No 1 hard. 78%®7Sc. Corn No. 4. mixed 62%: No. 4 mixed. 59®59%c: X®-, ® No. 2 yellow, 85 ic: No. 3 yellow. 62*i®6fc: No. 4 vellow, 58%®62%e: No. 5 yellow. 57®fe0c No. 2 white. 69c: No. 4 white. 62&63%e l3Sx5 /^ ra sr e 4 | sis - Oats-No. i white. 32® 32%c: No. 3 white. 30 . ® 31<4c: No 4 white 30%c. Rve—None Bariev—3s®6sc Timthy—sß,s® 9. Clover—sls ®22.75. By United Preex TOLEDO Dec 26.—Grain close: Wheat %- 2 ni ted - 82®83c. Corn—No. 2 yellow. 69%®i0%c. Oats—No. 2 white. 34%4; orw 66c - Clover—Domestic pr.me. old. $14.50: prime new. *ls: prime choice, new. $15.35: prime choice, old $14.80, December. sls; February sls 35 March, $15.50. Alsvke—Cash sl3 75- Dei cember. $13.75: March. $14.25. Butter Famcv run. 25®28c. Hay—Timothy, $1.75 cwt. R*/ Times Special CHICAGO. Dec. 26.—Primary recein:, Fvli^oho 1 ' 335,000 V ainst 497,000; corn 1.191.000 against 814.000: oats. 209 000 against .215.0 Q0 Shipments: Wheat. 455. cfi.owf * oata. 3 *144?00o C against °197?00of aln '' New York Liberty Bonds ’ —Dec. 26 3 V2S i()i T 4 loh’, 4tn 4 j, 4S in?’* Treasury 47s 117'!', Treasury 3 j b s of ’43 *" ' io"'p

James T. Hamill & Company Private Wire* to AU Leadlag Market*. Indianapoll* MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapoll* Board of 'Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Riley 6493 Riley MM

4% Paid on Savings Security Trust Cos. 11l North Pennsylvania Street EXPERT TRUSS FITTING AT 129 W. WASH. ST. STORE Abdominal Supports and Shoulder Braces HAAG’S CUT-PRICE DRUGS

Men’s and Women's CLOTHIN G ON EASY CREDIT ASKIN & MARINE CO. Washington Si .