Indianapolis Times, Volume 43, Number 173, Indianapolis, Marion County, 28 November 1931 — Page 11

NOV. 28, 1931.

HEAVY SELLING DRIVES STOCKS TO NEW LOWS Coppers Are Strong Spots as Entire List Is Depressed. BY ELMER C. WALZER I'nited rress Financial Editor NEW YORK, Nov. 27.—Steady liquidation of stocks today reduced prices 1 to more than 3 points, sent all the rails to new bear market lows and United States Steel to a 16-ycar low. According to preliminary calculation, the Dow-Jones & Cos. industrial average stood at 91.61, off 2.54 points; rail average 40.11, off 1.93 points, and utility average at 36.01, off .83 point. Sales totaled 1.800.000 shares, compared with 1,400,000 shares last Wednesday. Volume increased in the early trading. There was one adverse development over Thanksgiving in the foreign situation—a statement by Premier Laval of France, that German reparations take precedence over commercial debts. Laval’s statement was responsible for a sharp drop in the pound sterling, which was at anew low since the second day of the gold suspension back in September; British stocks sold off. Rallies Are Brief Silver in London was firm as a result of lower sterling, but trading in silver future here was dull with prices mixed. Wheat dropped sharply, closing off 1% to 2 % from the previous close, but up % to % cent from the lows of the day. Cotton lost a few points. The German debt and reparations situation was a real factor in stock market selling. The uncertainty of the outcome of forthcoming conferences on these subjects kept buyers out of the market and induced many holders to sell their shares. The drop in wheat and the uncertainty over the railroad future were domestic causes of market demoralization. There were brief periods of rallying in stocks, but none held. Late in the day when wheat rose from its lows, the selling in shares appeared to be running its course, but the market turned down again before the close, making new lows lor the day, year, and century in various instances. The only group to exhibit firmness was the copper, and that strength was induced by a farfetched excuse, namely acquiescence of Belgian producers to curtail production. This curtailment, if and when it comes, was supposed to help bolster up the price of the metal which now is quoted at a record low of 6'.i cents. Rail Average Dips Copper metal rose on the London Metal Exchange, but there was no trading worthy of mention on the New York Exchange. Copper shares rose in London before the New York opening, inducing speculative buying of shares here. American Smelting led the group, at one time using to 25, up 2Va points. Other issues were up fractions to 2 points. Among the railroad shares dropping to new lows for many years the average made a low for more than thirty-five years—were New York Central, Pennsylvania, Atchison, Union Pacific, Chicago Northwestern issues, Louisville & Nashville, Erie, Allegheny Corporation issues, St. Louis-San Fiancisco, Nickel Plate and Illinois Central. Railroad bonds were depressed to new lows in the averages. Bonds generally were lower in more active trading and their decline helped increase selling in rail shares. Communications were weak, new bear market lows being recorded in Western Union and International Telephone while American Telephone dropped 3?i points to 125’-.

Bank Clearings

INDIANAPOLIS STATEMENT —NOV. 27 rlearincs *2.466,000.00 SStts..: 4.643.000.00 CHICAGO STATEMENT —Nov 27 .:::::::::::::::::::: $4 :8oo:wo:oo TREASURY STATEMENT —Nov. 27 — Net Balance lor Nov. 24. .—157.232.299.33 Customs rects. moithte diti

Indianapolis Stocks

—NOV. 27 Bid. Ask American Cent Life Ins Cos. .1.050 Belt HR* S Yds Cos com.. 28 33 Belt R R As Yds Cos Did SO 55 Bobbs-Mernll Cos ••••••••• ■■ 10 Central Ind Power Cos pfd 66 ii Circle Theater Cos com 7% ... 91 • Citizens Gas Cos com 10%... 23 25% Citizens Gas Cos pfd 5% ...... 96 100 Commonwealth Loan Cos 8%. 101 Commonwealth Loan Cos 8% 100 Hook Druft com ...9 Indiana Hotel Cos Claypool. .105 Ind Hotel Cos pfd 6% 10014 IndDls Gas com 6% ........ 55 60 Indpls Pwr Lt Cos pfd 6'j%... 94 98 Indpls P Wei Ln Assn cm 8% 50 ... Indpls Water Cos pfd 5% 100 103 Pub .Servos Ind 7% 78 83 Tub Servos Ind 6% 5a t>s Metro Loan Cos 8% ...101*4 ... No Ind Pub Serv Cos pfd 6%.. 82 64 No Ind P Serv Cos pfd 5%%... 75Vi .5 No Ind P Serv Cos pfd 7<7„ *6 63 Froeress 16 to ... E. Rauta St S Fert Cos ofd 6% 47 Shareholders Invest Cos ....... .. Ter Haute Electric Cos ofd 6% 90 Union Title Cos com 6%. ;j .. 10 Van Camp Prod Cos Ist pfd.. 55 Van Camp Prod Cos 2d pfd.. .. Backstay Welt Cos com 14 ... Ind Pipe Line Cos 8 9 Link Belt com }9 21 Lvnch Glass Machine Cos com 1314 1514 Noblitt Sparks Industrial Inc 18 19 Perfect Circle Cos com .... 30 32 Real Silk Hosiery Mils 1nc.... 4 5 Real Silk Hosiery Mills pfd.. 16 20 Standard Oil Cos (Indiana)... 19 20 Ross Gear I°,, 20 Natl Title ••••••• J D Adams Manufacturing Cos 12 14 BONDS Belt R R At Stky Yds Cos 45.... 90 Central Ind Pr Cos 6s •• , ••• Citizens Gas Cos 5s 94*4 99% Citizens Street Railroad 55... 19 Home T T of Ft Wayne 6s 99 ... Indpls Power and Light Cos 5s 97’a 99 Indiana Service 5s 65 67 Ind Railway A; Light Cos 55... 85 .. Indpls Gas Cos 4s 95 99% Indpls Street Rvs 4s 10 Indpls Trac Terminal Cos 55.. 46 51 Indnls Water Cos 514s ’53...100 104 Indpls Water Ct* SV4S ’54 100 104 Indpls tfnton 5s .... 95 96 Indpls Wa Cos Ist lien ref 55.. 90 Indpls Water Cos 4Vis 95 ... Interstate Pub Serv Cos 4’i1... <7 i9 Interstate Pub Serv 5s 93 95 interstate Pub S Cos <B) 6%#.. .. No Ind Pub Serv Cos 92 95 Terre H T 4t L 5a —®a les—--10 Shar %idp',s Pow A: Light pfd 6*4% 94Vi ■AW SUGAR PRICES -Hwr. ar— Rlsh. Low. Close. Januew 1.12 107 1.07 March 114 110 1 10 Mav 119 1.16 1.16 jUlv 1 25 1.23 1.33 September 1 30 1.38 1.28 Decernoer ............. Lift 1.06 1.08

New York Stocks “^Thomson At McKinnon 1

By United Pres* NEW YORK. Nov. 27.—Sales on the New York Stock Exchange today totaled 1,800,000 shares. Curb Stock sales totaled 300,000 shares. —Nov. 27 Railroads— Prev. High. hove. Close, Close. Atchison 93*4 90’ 90% 05 Atl Coast Line. 44', 44 44 45 Balt & Ohio 25% 24’, 24% 26% Chesa A: Ohio .. 28% 27’* 27% 28% Chesa Coro 20 IS ' a 19 % 20 Chi Grt West .. 4 3*4 3% 3% Chi N West B’-, 6% 7 B’a CRI&P 11', 11 11 12‘4 Del L & W 26 24 24 26 Del & Hudson... 86% 83', 83'2 86 Erie 9'a 8% B’* 9% Great Northern.. 23'* 23 23 23V* Illinois Central. 13', 12’ ( 12% 14 Kan Citv 6o 10> 11 Vi Lou & Nash .... 26’, 251* 251. 26 M K A: T 614 5% 6 S’, Mo Pac 10 8 1 2 9 10V* Mo Pacific pfd.. 221* 22 2214 24 N Y Central 34 30’* 31 34', Nickel Plate 71* >/, 6'/, 7% NY NH Ac H .... 21', 23 241, 241, Nor Pacific 19** 19% 19', 20 Norfolk & West. 136% 135 135 V. 13614 O At W 714 Pennsylvania ... 24 1 i 221* 22% 24 s . Reading .. 45 46 Seaboard Air L Vs So Pacific 35'* 3114 31 Va 35* Southern Rv... 12'. 10'. 10'. I?’* St Paul . ... 21, 2V2 St Paul Dfd 4 4V. St L tc S F 6*. 6 6 7 1 a Union Pacific 83', 81', 82 V, 86:, Wabash 5% 5% W Maryland... 6*. 6% 618 6% Eouipment.— Am Car & Fdv. 10% 9'. 9'. 10 Am Locomotive. 9% 8% B*. 31* Am Steel Fd.... 8 7% 71. 8 Am Air Brake S 20*. -20 20 20V* Gen Am Tank 411, 40% 40 42 Geineral Elec ... 27 261* 26% 26% Gen Rv Signal ... 30 Lima Loco ... 15% 15% 15% 16% N Y Air Brake 81. SV Pullman 22'* 21% 21', 22'/. Wcstingh Ar 8... 17', 17% 17% IVV, Westingh Elec.. 36'4 34V. 341. 35y* Rubbers— ~ Friestone 14'4 14 1414 15 Fisk ... % % Goodrich 6% 8 6 6% Goodyear 21 20 20 22 Kellv Sprgfld... 1% 1% 1% 1% U S Rubber 6% 5V* 5% 61* Auburn 103 1 2 98*. 101% 104% Chrysler 14% 14 14% 14% Gardner ... % Oraham Paige.. 32% 33 General Motors. 25 24 V* 24% 24 % Hudson 11% 11’* 11% 11% Hupp 5% 5 5 5% Mack 13% 18 18 18% Nash 18% 17% 17% 18V. Packard 5 4% 4% 5 Pierce-Arrom 10 Reo 4'4 4 4 V* 4% Studebaker .... 12% 12 12 12% Yellow Truck 4'/ 4% Motor Access— Bendix Aviation 19% 18’/* 18% 18% Borg Warner ... 12% 12 12% 12% Briggs 10% 10 10% 10% Budd Wheel .... 4% 4 4 4% Campbell Wy BV4 ... Eaton 9% 9 9 9% El Storage B ... 34% 34 34% ... Haves Body ... 1% 1% Honda 3% 3% 3% 3% Sparks W 3% 3% 3% 3% Stewart Warner. 6% 6% 6% 6% Timkin Roll 20% 20 20*. 21 Mining— Am Metals 6'% 6% 6V. 6 Am Smelt 25 22% 23% ... Anaconda Cop.. 14% 13V* 14 13V2 Cal <fc Hecla 4 4 Cerro de Pasco. 15% 13% 15 14 Dome Mines.... 8% 8% 8% 8% Freeport Texas.. 18% 17% 17% 18% Granby Corp.... 7% 6% 7% ... Great Nor Ore 15 15 Howe Sound.... 15% 15 15% 14% Ini Nickel 9% 8% 8% 8% Inspiration .... 4% 4 4'/. 4% Kennecott Cop.. 13% 12% 13 11% Magma Cop 8% 7% B'/. 8 Miami Copper 4 ... Nev Cons 6% 5% 6 5% Texas Gul Sul. .. 27 26 26 26% U S Smelt 18 17 17 16% Oils— Atl Refining... 11% 11 11 11% Barnsdall 6% 6 6% 6% Houston 4% 4% 4V, 4% Ohio Oil ... 7'2 7% Mex Sbd 8 7% 7% 8% Mid Conti 6% 6*4 6/ 2 6V* Phillips 6 Vi 6 6 6 Pr Oil & Gas 7% 7% Pure Oil 5% s'/, 5% 5% Koval Dutch 1(57* 15% 15% 16V* Sheel Un 4% 4% 4% 4% Sinclair 6% 6% 6% "% Skellv 4% 4 4 4% Standard of Cal.. 31 30% 30% 31 Standard of N J 32% 31% 32% 32% Soc Vac 12% 13 Vi 12% IS Texas Cos 17% 17 17 17% Union Oil 15% 15% 15'% 15% Steels— Am Roll Mills.. 11% 10'/, 10% 11% Bethlehem 24% 24 24% 25 Byers A M 14% 14% 14% + 14% Colo Fuel ... 10 10% Cruc Steel 28 27% 27% 30% Inland ... ... 30 Ludlum ... 6% 6% Repub I& S ... 7 6% 6% 7 U S Steel 57 V* 54% 55 57% Vanadium 16 15% 15% 16% Youngst S & W 13% 13 13 Youngst S As T 21 21% Tobaccos— Am Tob A mewl 77% 75% 77% 78 Am Tob B (new) 78% 77% 77% 79'/, Con Cigars ... ... 25 General Cigar 33 34 Lig A; Myers B 50 48% 49% 50% Lorillard 14'% 13% 13% 13% Reynolds Tob .. 36 35% 35% 36% Tob Pr A 8 7% 7% 8% Tob Pr B 4% 3% 4'/* 4 Utilities— Abit.ibi .71* 3 TV* 3% Adams Exp .... 7 6% 6V* Svi Am For Pvr... 10% 10% 10% il% Am Pwr A: Li.. 17 16% 17 17 A T & T 127% 125% 125% 128% Col Gas Ar, E 1... 20% 19% 19% 21 Com Ac 50u.... 5V* 5 5 5 Ev Pwr & Li 14% 14% 14% 14’% Gen Gas A 2% 2% 2% 2% Inti T & T 11% 10% 10% 11% Natl Pwr Ac Li.. 15'% 14% 15'/* 15V* No Amer Cos 35% 34** 34% 36 Pac Case & E 1... 35% 34% 35% 35% Pub Ser N J... 61 59% 59% 61% So Cal Edison 33% 32% 32% 33% Std G & E 1... 34% 32% 33 34% United Corp. .. 11% 11 11% 11% Ut Pwr Ac L A.. 11% 11% H% 2 West Union ... 52*i 51% 51% 52 Shipping— Am Inti Corn.. 7% 7 ;% 7% N Y Ship 4% 4% Atl Gulf Ar W I 16 15 15% .8 United Fruit... 30% 30 30 30% Foods— . . „., . ... Am Sug 44% 44% 44% 44 i Armour A 1% ,*% Cal Pkg 10% 10V, Can Drv 16% 16% 16% 17 Childs Cos ... 10% 10% Coca Cola lii% 110% 111% Hi, 8 Cont Baking A.. 6% 6 6 6 2 Corn Prod 45** 43% 44% 46% Cudahy Pkg .... 35% 35'4 35% 36 Cuban Am Sug.. 2% 2% 2% ... Gen Foods 36% 35% 35% 36% Grand Union ?Vi ... Hershey ... 81 81'% Jewel Tea 35 ... Kroger 17% 17 17% 17% Nat Biscuit .... 43 40% 40% 43% Pillsbury ... ... 23% Pur'ty Bak 14% 13% 13% 14% Safeway St 47% 45% 47% 46% Std Brands 14% 14% 14% 14% Drugs— Coty Inc 4% 4% 4% 4V, Lambert Cos 53 55% 52% 54 Lehn A: Fink ... 20% 20% 20% 21 Industrials— Am Radiator ... 8% 8% 8% 8% Bush Term .... 17% 17 17 17% Oertainteed .... 15% 14% 15% 15 Lehigh Port 7% Otis Elev 25 23% 23% 25% tndus Chems— Allied Client 75% 73% 74% 77 I Com Solv 10% 9% 9% 10% I Union Carb .... 33% 32% 33 33% IU S Ind Alco ... 28% 27 27% 29 Retail Stores— Assoc Drv Gds.. 10% 10 10% 10% Oimbel Bros 3% 3 Kresge S S 20% 19% 20 20% Mav D Store 23% 23V* 23V* 23%

New York Bank Stocks

(Bv Thomas & McKinnon) —Nov. 27Bid. Ask. Bankers 65 3 ,4 e? 3 -* Brooklyn Trust 238 248 Central Hanover 155 159 Chase National 40*4 42Vi Chatham Phoenix Natl... 23 25 Chemical 33* 4 35*. Citv National 49 51 Corn Exchange 83 86 Commercial 160 168 Continental 18 20 Empire 26 28 First National 2.290 2.390 Guaranty 296 301 Irving 20 21 Manhatten & Cos 38*2 40*4 Manufacturers33s7 5 39F* New York Trust 98 101 Public 20 22

Mew York Curb Market

(Bv Thomson & McKinnon) —Nov. 27Close. Close. Alum Cos of Am 68%;int Super .... lit* Am Cynamid .. 4% Int Pet 10 Am Gas A: El 42 3 4 Midwest Ut ... 9 7 a Am Lt <fc Trac. 25 Mo Kan Pipe.. I 3 * Am Sup Pwr .. 4% Mt Prod 3 Ark Gas A .... 2% Nat Inves 3 Ass Gas & El.. 6*b Newmont Min.. 17 Braz Pwr &Lt 9 Nia Hud Pwr.. 7*4 Can Marc .... I*4 Niles 10% Cent Sts Elec.. 2% Penroad 3 Cities Serv 6*B St Regis Paper 5% Con Gas of Bal 69% Sel Indus I*4 Cord 6*2 Shenandoah .... 2 Deere At Cos ... 12*: 8 Penn Oil .... 13 Elec Bnd A: Sh 15 3 a S Union Gas .. 3 Ford of Can... 10% Std of Ind .... 18 7 4 Ford of Eng... 6* Std of Ohio 37 Fox Thea .... 1 Trans Air Trans 3*2 Goldman Sachs 2*iCn Gas A ....* 2% Gulf Oil 45*8 Un Lt A- Pwr... 8% Hudson Bay .. 2 1 : Un Verde 3% Humble Oil .... 50's Ut * Indus ... 3 .Imp Oil of Can 10 Ut Pwr B 4 7 a Insull Ut 11 Van Camp .... 2*a United Fndrs .. 2% New York Liberty Bonds —Nov. 27 3*2S 99.28 Ist 4*-iS 100.23 4th 4>s 101. Treasury 4*4* 104.18 Treasury 4s 101.8 Treasury 3%* 99.16 Treasury 31s of '47 87.23 Treasury 31s ol '43 (March) , 8723

Mont Ward 10% 9% 9% 10% Penny J C 32 31% 31% 31% Schulte Ret St 4 4% Sears Roe 38 36% 36% 38% Woolworth 45% 44% 45% 45** Amusements— Bruns Baike... .4% 4 4 4% Col Graph 3% 3% 3*, 4% Eastman Kod 93 91 % 92% 93% Fox Film (At... 6% 6 6'-* 6% Grigsby Grunw 1% 1% 1% 1% Loews Inc 36% 34% 34% 37% Param Fam 12% 11% 12 12% Radio Corp .... 3 8% s *8% 8% 8% R K O 2% 2% 2Vi 2% Warner Bros 4% 3% 4 4% Miscellaneous— City Ice k Fu. 31% 30% 31% 31% Congoleum .... 9% 9% 9% 9% Am Can 70*, 68 s , 69%% 71V* Cont Can 35*, 35% 35*. 35 s , Curtiss Wr 1% I*4 1% I** Gillette S R... 13** 12% 13% 13 Real Silk 3% 3% 3% 3% Un Aircraft ... 13% 13% 13% 13% Int Karv 29*, 27% 27% 29% J I Case 37% 36 36** 37%

Chicago Stocks (By James T. Hamill At Cos.)

—Nov. 27 TOTAL SALES. 80.000 SHARES High. Low. Close. Assoc Telephone Util.. 17% 17% 17V 4 Bendix Aviation 19% 19 19 Borg Warner 12% 12 12 Butler Bros 3 Cent 111 Secur pfd 16% Cent Pub Serv Class A 2'% ... Cent At So West 9% Chicago Yellow Cab ... 13% Cities Service 6% 6% 6% Commonwealts Edison..l4l 138 140 Continental Chicago ... 2% 2% 2% Continental Chicago pfd 24% 24 14% Corp Corp 6% 6% 6% Corp Securities 6 5% 6 Great Lakes Aircraft .. 2% 2% 2% Grigsby Grunow 1% 1% 1% Hart Carter pfd 6 ... ... Hotidaille Hershey 8.. 3% 3% 3% Insull Util Invest 11% 10 10% Insull Util Inv pf 2 ser 43% 41 41% Iron Fireman 5 4% 4% Kalamazoo Stove 9 Kellogg Switch com ... 3% ... Libby McNeil 6% 6'* 6% Mid West Utilities 10 9% 9*4 Midland United 9% 9 9% Mo-Kan Pipe Line 1% Natl-Standard 23** 23 23 N Amer Lt & Pwr 9% 9 9'% Perfect Circle 30 Pines Winterfront 10% 10% 10% Ryerson At Son 13% 13% 13% Seaboard Utilities Sh.. 1% Southern Union Gas .. 3 Swift & Cos 22% 22V* 22% Swift Jnternacional ... 30V, 30 30% U S Gypsum com 26 U S Radio & Tel 11% 10% 11*4 Utah Radio 14 Utility Ac Ind 3'% 33% Utility Ac Ind pfd 11% 11'% 11% Walgreen 12% 12% 12% United Gas 2% Zenith Radio 1%

Investment Trust Shares

PRICES ARE TO 12 NOON C. S. T. —Nov. 27 . _ . Bid. Ask. Am Founders Corp com 1% i% Am & Gen Sec A 5 .. Am Inv Tr Shares 2% 3% Basic Industry Shares 2% . Collateral Trustee Shares A. 4% 5% Cumulative Trust Shares 3% 4% Diversified Trustee Shares A 8% ... Fixed Trust Oil Shares 2% ... Fixed Trust Shares A 8% Fundamental Trust Shares A 4% ‘4% Fundamental Trust Shares B 4% 4% Leaders of Industry A 4% Low Priced Shares 3% ’4% Nation Wide Securities 3% 4% National Industries Shares.... 3% 3% Selected American Shares ... 2% 3% Se ected Cumulative Shares ... 6% 7% Selected Income Shares 3% 4% Shawmut Bank Inv Trust 3 5 Std Am Trust Shares 3*/* 4% Super Corp of Am Trust Shares 3% 4 Trustee Std Oil A 414 Trustee Std Oil B 4% ‘’4s^ Unified Service Tr Shares A.. 2% 3% U S Elec Light & Power A 20% 22% Universal Trust Shares 3% 3%

In the Cotton Markets

* McKinnon) NE\v YORK, Nov. 27.—The range during the forenoon on May contracts was from 538 to 664. The lower prices were brought about by lower sterling and a very bearish attitude toward the market on the part of local traders. As far as selling by the south against their actual holdings, there was very little of it to be seen. We infer that there is no weakenin gin the determination to hold cotton for higher prices. There is great interest in the growing support in agricultural communities for the debenture plan. Textile markets are dull and, in some instances, said to be lower. We can reiterate our opinion that the price of cotton is to far below its original cost to warrant a short position. The readjustment may be delayed by general conditions, and for the present at least the prospect of an increase in the next government estimate may check all but necessary purchases, but in the long run we feel that cotton prices will go higher. —Nov. 27 CHICAGO High. Low. Close. January 6.18 6.12) 6.12 March 6.61 Mav 6.54 6.46 6.47 July 6.70 6.65 6.65 December 6.10 6.04 6.07 NEW YORK —Nov. 27 . High. Low. Close. January 6.07 6.02 6.06 March 6.26 6.19 6.22 Mav 6.44 6.36 6.41 Julv 6.63 6.56 6.59 October 6,9 6 84 6.84 December 6.09 5.96 5.99 T NEW ORLEANS January 6.06 6.02 6 04 March 6.25 6.17 6.21 Mav 6.45 6.36 6.39 Julv 6.62 6.55 6.57 October 6.88 6.79 6.32

In the Stock Market

T 'Bv Thomson & McKinnon) NEW YORK, Nov. 27.—Foreign aflaiss came prominently to the foreground today, contributing chiefly to the disappointment reflected in all financial markets. Hope so rany- easy solution of the German debt problem was lessened by the uncompromising attitude Peremier Laval took upon the priority question of Germany’s commercial short-term debts. Extrtme weakness of Sterling was viewed as reflecting England's apprehension over France’s unyielding stand. Because of our own considerable participation in German short-term credits, uneasiness was felt on this side. Commodity markets, particularly wheat where adversely affected by the press reports of prolonged credit complications. Expectations of mtich good to come out of the October recovery in grain prices obviously have been largely dissipated with the greater part of the advances cancelled. Altogether, it was a discouraging day, with pressure rather general. The rail shares were the principal sufferers. with liquidation augmented by disagreeable October earnings reports. Copper stocks alone escaped, due largely to the report that Belgian producers have argeed to curtailment. In connection with the French policy, we can not think that Premier Laval’s conference with President Hoover was for naught. France undoubtedly recognizes the consequences of a credit wrecked Germany. To believe otherwise would not be giving proper credit to French intelligence. For the layman, foreign diplomacy at best is difficult to understand. Asa point of illustration, we have the market reflecting general perplexity and misgiving. NEW YORK COFFEE RANGE —Nov. 27 .. Hieh. Low. Close. January J 5 33 5.13 5.13 March 5.47 5 32 5 32 May 5.62 5.47 5.47 Sentember 5.52 5.65 5.65 December 5.22 5.10 5.10

THE INDIANAPOLIS TIMES

PORKERS HOLD 10 TO 15-CENT GAINATYARDS Two Outstanding Loads of Beef Steers Sell for $11.75. Increased demand following the holiday forced hogs up 10 to 15 cents this morning at the Union Stockyards. The bulk, 160 to 300 pounds, sold for $4.65 to $4.80; early top tolding at $4.80. Receipts were estimated at 7,000; holdovers were 66. Two outstanding loads of beef steers were features of today’s cattle market. The steers, weighing around 1,100 pounds, sold for $11.75, a high figure for the current market. Slaughter classes were strong on light receipts of 600. Vealers moved up 50 cents, selling at $8 down. Calf receipts were 400. Little change was noted in sheep. Bulk lambs brought $6.25 to $6.50; early top recorded at $6.75. Receipts were 2,000. Chicago livestock exhibited a somewhat weaker tone than the local trade, a few early bids and sales on hogs in that city ranging 10 cents under Wednesday’s average. Good to choice 200-to-250-pound weights sold for $4.40 to $4.50; best held upward to $4.60 and above. Cattle receipts were 8,000; calves. 2,000; market steady. Sheep 28,000; unchanged. HOGS Nov. Bulk. Early Tod. Receipts. 19. $4.7551 4.90 $5.00 6,500 20. 4.50® 4.75 4.75 9.000 31. 4.50® 4.75 4.75 2.500 23. 4.50® 4.85 4.65 7.000 24. 4.50® 4.60 4.60 6,500 25. 4.55® 4.65 4.70 4.000 27. 4.65® 4.80 4.80 7.000 Receipts, 7,000; market, higher. (140-1601 Good and choice...s 4.65 —Light Lights—-(l6o-180) Good and choice.... 4.80 —Light Weights—-(lßo-200) Good and choice ... 4.80 (200-2201 Medium and good.. 4.75 —Medium Weights—-(22o-250) Good and choice.. 4,70® 4.75 (250-290) Medium and good ... 4.65® 4.70 —Heavy Weights—-(29o-350) Good and choice ... 4.55® 4.65 —Packing Sows—-(3so-500) Medium and good .. 3.75® 4.25 (100-1301 Slaughter pigs 4.65 CATTLE (Slaughter Class) Receipts, 600; market, steady. —Steers— Good and choice $ 7.50®11.00 Commoi and medium 4.00® 7.50 (1.100-1.500) Good and choice [email protected] Common and medium 5.50® 7.75 —Heifers—-(soo-850) Good and choice 6.50@ 9.00 Common ana medium 3.50® 6.50 —Cows— Good and choice 3.50® 4.75 Medium 2.75® 3.50 Cull and common 1.25® 2.75 —Bulls (yearlings excluded) — Good and choice beefs 3,25® 4.25 Cutter, common and medium 2.00® 3.25 CALVES AND VEALERS Receipts. 100; market, higher. —Vealers — Good and choice $ 7.50@ 8.00 Medium 5.50® 7.50 Cull and common 3.50® 5.50 —Calves— Good and choice 4.50® 6.50 Common and medium 2.50® 4.50 —Stockers and Feeder Steers— Good and choice 4.25® 6.25 Common and medium 3.00® 4.25 (800-1.500) , Good and choice 4.25® 6.25 Common and medium 3.00® 4.25 SHEEP AND LAMBS Receipts, 2,000; market, steady. Good and choice $ 6.25® 6.75 Common and medium 4.00® 6.25 Ewes, medium and choice 1.25® 2 50 Cull and common 50® 1.25

Other Livestock By United I’ress CHICAGO. Nov. 27.—Hogs—-Receipts. 50,000: including 18,000 direct; 5© 10c be-, low Wednesday: packing sows steady to weak; 170-210 lbs., $4.45<®4.55; top, $4.60; 220-310 lb#.. [email protected]; 140-160 lbs., $4.35 ©4.50; pigs, $3.75©4.15; packing sows. [email protected]; light lights, 140-160 lbs., good and choice, [email protected]; lightweight, 160200 lbs., good and choice, $4,401/4.60; medium weights, 200-250 lbs., good and choice. [email protected]; heavyweights, 250-350 lbs., good and choice. $4.30©.4.45; packing sows. 275-500 lbs., medium and good. $3.90 ©4.20: slaughter pigs. 100-130 lbs., good and choice. $3,751/4.25. Cattle—Receipts, 8,000: calves. 2,000; all grades fed steers and long yearlings, steady; day’s crop includes about 100 loads international show throwouts; best weighty steers sorted off show herd, sl3; several lots, $12012.50; mostly $6.75© 10 on medium to good grades regular market steers; light yearlings and most classes she stock weak to 25c lower; stockers very slow; slaughter cattle and vealers; steers, 600-900 lb.. good and choice, $7.75011.75: 900-1,100 lbs., good and choice, sß©/12.50; 1,100-1.300 lbs., good and choice. sß© 13; 1,300-1.500 lbs., good and choice, sß© 13; 600-1.300 lbs., common and medium. s4@B; heifers, 550-850 lbs., good and choice, $6.50® 10; common and medium, $325©7: cows, good and choice, $3.75 0 5.25; comomr; and medium, s3@4; low cutter and cutter cows, $2.25© 3; bulls, yearlings excluded, good and choice beef, $4 0 4.75; cutter to medium. 52.5004.25; veaelrs, milk fed. good and choice. $5.75® 7.75; medium. $4.50/55.75; cull and common, [email protected]; stocker and feeder cattle; Sters, 500-1,050 lbs., good and choice. ss© 7; common and medium, $3.75© 5.50. Sheep —Receipts. 28,000; weak to 25c lower; sellers resisting decline; good to choice lambs. $5.75 0 6.25 to packers; few $6.50 to city butchers; best held higher; white faced feeders, $4.75; steady; slaughter sheep and lambs: Lambs. 90 lbs. down, good and choice. $5.7506.75; medium. ss® 5.75; all weights, common, $4/5:5: ewes, 90150 lbs., medium to choice, [email protected]; all weights, cull and common. $1.5002.25; feeding lambs. 50-75 lbs., good and choice, $4.50@5. By Times Special EAST ST. LOUIS. 111.. Nov. 27.—Hogs— Receipts. 13.000: market. 5010 c lower: top, $4.60: 150-260 lbs.. $4.40(54.55: some light lights and nigs downward to $4.25: rows, largely $3.65(5 3.90. Cattle—Receipts. 1.500. Calves —Receipts. 1.000: market, indications about steady on steers: a few deals heifers, cows and medium bulls, about steady, with some interest bidding lower on beef cattle: good and choice vealers. 50c lower at $9: heifers. [email protected]: cows. [email protected]: low cutters. $2/52.25: medium bulls. $3.50 down. Sheep—Receipts. 2.000; market, no early sales; packers talking lower, asking steady; holding better lambs abovve $6 25. Lambs—9o lbs. down, good and choice. 55.5006.50; medium. $4.25(5 5.50: all weights common. $3.2504.25: ewes. 90-150 ibs„ medium to choice. $102.50: all weights cull and common. 50c<551.25. By United Tress FT. WAYNE. Ind.. Nov. 27.—Hogs—Market. steady. 140-160 lbs., 54.15; 160-200 lbs. $4.50; 200-250 lbs.. $4.40; 250-300 lbs.. 54.30: 300-350 lbs., $4.20: roughs. $3.75; stags, steady: calves, $7.50; lambs. $5.50. By United Press LAFAYETTE. Npv. 27.—Hogs—Market. 5 to 15 cents higher, 160-200 lbs., $4.55; 200225 lbs.. $4.45; 225-250 lbs.. $4.40; 250-300 lbs.. $4.35: 300-325 lbs. $4.25; 130-160 lbs., $4.25; 100-130 lbs. $4.10; roughs. $3.75, down; top calves. $7; top lambs, $5.50. By United Press TOLEDO, Nov. 27.—Hogs—Receipts, 850; market, 10 to 15 cents higher; heavies. [email protected]: mediums, $4.75: vorkers, $4.25 ©4.50; pigs. 4.25©4.50. Cattle —Receipts, 600: market, slow; steady. Calves—Receipts, light; market. 50c higher. Sheep— Receipts, light; market, steady. By United Press CLEVELAND, Nov. 27.—Hogs—Receipts. 2 800: holdover, none; mostly 10 to 15 cents lower; spots down more; 160-230 lbs. sorts mostly. $4.85: top. $4.90: 240-300 lbs.. $4.65: mixed offering averaging 160 lbs.. U P 54.75: most pigs. $4.50. Cattle—Receipts. 92a; post holiday run burdensome: scattered steers sales weak to 25c lower; sizeable holdover in prospect; light steers at $4.75 to $6.25; grade common to low in medium cutter grade cows steady around $2 to $3.25. Calves—Receipts. 200: mostly 50c higher: nearly good to choice vealers. $Bl/8.50: top. $9: common to medium. SB'S 7.50. Sheep—Receipts, 4.500; lambs 25c or more lower: nearlv good to choice kind. $4.50@5,50; carrying heavies at outside. By Times Special LOUISVILLE, Nov. 27.—Hogs—Receipts, 750; market 15c lower: 175-240 lbs.. $4.60: 240-300 lbs.. $4.30; 300 lbs. up. $3.70; 175 lbs. down. $4.20: packing sows. $2.7503.45; stags. $2.45 down Cattle—Receipts. 200: steady; best slaughter steers ana heifers mostly ss® 6.50: slaughter cows, $4 down; bulk bulls, $3.75 down: stackers and feeders. s4© 6. Calves—Receipts. 250; best vealers 50c higher; top. $7.50; medium vealers, ss@6: throwouts mostly $4.50 down. Sheep and lambs—Receipts. 100; steady; best fat lambs, s6;buck lambs. $5; throwouts, $3 down; fat ewes, $2 down. Wednesday and Thursday shipments: Cattle. 193; calves, 175; hogs, none; sheep, none. , , ■

BELIEVE IT or NOT

~’/MS** t ' '"-/lYifcftlOUS Aloi/ING rtWWfAIN j \ j J3HEEP MOUNTAIN (Jackson Hok,VJyomir\Q) ACTUALLY MOVED/ IT SPREAD ACROSS GROVONT RIYER -FORMING A LAKE ~ 1 AND 2 YEARS LATER MOVED AGAIN, RELEASING THE. WATER V \ HRS f TH£ HORSE. ALWAVS^DE^SS^^ g ~ \ V TR&m AUe* PULLING THE CAR UP IS- RALP// BRVJMETTf 1 —horse Cap 0 1931* King Features Syndicate, Inc., (ifrM Britain right* reserved

Dow-Jones Summary

Missouri Pacific net operating income 51.595,220. against $2,211,315 in October. 1930: ten months $15,326,065, against $17.762,029. International Great Northern October net operating income amounted to slll,172, against $193,711 in October, 1930; ten months $2,398,001, against $786,547. Gulf Coast lines October net operating income $71,528, against $254,159 in October. 1930; ten months $1,584,351, against $3,086,667. Pennsylvania railroad October net operating income $6,284,609, against $9,912.914 in October. 1930. k Illinois Central October net operating net income $1,867,744. against $3,495,708 in October, 1930; ten months $8,562,178, against $19,083,114. Sidney Blumenthal <fe Cos. declared the regular quarterly dividend of $1.75 on preferred stock, payable Jan. 2, of record Dec. 15. Western Maryland railway in ten months ended Oct. 31. earned $4.91 a 7 per cent preferred share, against $9.74 on first preferred stock in ilke 1930 period; October surplus $150,077, against 5204.985 in October. 1930. Sherwin Williams Company of Canada declared the regular quarterly dividend of 40 cents on common stock, payable Dec. 31, of record Dec. 15. Fairbanks Company September auarter net loss amounted to $69,239 after charges, against net loss of $65,814 in previous quarter and net loss of $6,139 in September. 1930. quarter; nine months net loss $200,262. against net profit of $44,145 in like 1930 period. Ruberoid Comoany declared the regular quarterly dividend of $1 on common stock, payable Dec. 15. of record Dec. 1. Chicago & Eastern Illinois October net operating deficit $130,359. against net operating income of $11,226 in October. 1930: ten months’ net operating deficit $1,340,655. against deficit of $540,149 in like period of 1930. Crown Williamette Paper Company declared a dividend of $1 a share on first preferred stock, payable Jan. 1, of record Dec. 12. New York Railway Corporation October net income amounted to $49,073 after taxes and charges, against $23,566 in October. 1930; ten months $314,800. against $82,520. Tide Water Associated Oil Company declared the regular quarterly dividend of $1.50 on preferred stock. Bangor & Aroostook October net income $142,927 after taxes and charges, against $237,120 in October. 1930: ten months $538,140. against $1,451,473. Commercial Credit Company declared the regular quarterly dividend of 40 cents on common stock, payable Dec. 31. of record Dec. 11. Electric Power and Light Corporation in twelve months ended Sept. 30. earned $2.36 a common share, against $2.93 in previous twelve months. Monsanto Chemical Works declared the regular quarterly dividend of 31% cents, payable Jan. 2. of record Dec. 10. McKesson & Robbins omits quarterly dividend of 25 cents on common stock, due at this time, declares regular quarterly dividend of 87% cents on preferred stock, payable Dec. 15, of record Dec. 5.

Other Livestock By United Press PITTSBURGH. Nov. 27.—Hogs—Receipts. 4,000: market, mostly steady: 160-220 lbs., [email protected]; 220-250 lbs.. 54.75@5; 100-130 lbs.. 54.50©,4.75. Cattle —Receipts, 150: market opening steady; better grade vealers. $7.50©8.50: plainer kinds. S4@7. SheepReceipts. 2,000: lambs. 25©50c lower; better grade. $6.25©6.75; medium and mixed kind. $5.25®6. By United Press EAST BUFFALO. Nov. 27.—Hogs on sale. 3 700- active at decline; mostly 10c lower; 150-210 lbs. mostly $5; few choice 200 lbs., [email protected]; 220-250 lbs., $4.90: packing sows. $3.50®4; pigs slow; largely $4.50. Cattle-Receipts. 800; slow, weak; little done on steers: cutter grade cows. $1.25® 275 Calves—Receipts, 450; steady; good to choice largely $9; medium kinds lower; grassy steers draggy. $6.50 down. Sheep— Receipts. 5.600; lambs 25c lower; good to choice. $6.75: in-between kinds. $6.50; medium and strongweights. $5.75@6: throwouts. $5.25. By United Press CINCINNATI. Nov. 27.—Hogs—Receipts. 4 700: held over none; moderately active, mostly 15c lower; spots 25c off on medium and heavy weight butchers; better grade 160 to 240 lbs., [email protected], mostly. $4.85 on 225 lbs. down; a few choice 180 to 200 lbs. $4.90: 130 to 160 lbs.. [email protected]; a few throwouts. $4.50; 240 to 290 lbs.. 54.25 ©4.60; sows weak: bulk, $3.50®3.75. Cattle—Receipts. 625; calves 200; practically nothing done on the few steers offered: bulls weak at $4.25 down: other classes fairiv active, strong to 25c higher: beef cows $3 50 0 3.75; some up to s4.‘@>: bulk low cutters and cutters. [email protected]: vealers 50c higher: god and choice. SB® 9 lower grades mostly $7.50 down: a few SB. Sheep—Rece’pts. 225: lambs scarce: strong to 25c higher: better grade ewe and wether lambs. $8.250 6.50: some $6.75: common and medium. s4® 4.75; sheep steady: fat ewes $1.50 down.

Local Wagon Wheat

City grain elevator# are Baying 44c for No. 3 red wheat and 44c for No. 2 hard wheat.

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

All items in Ripley’s “Believe It or Not” which appeared in Friday's Times were self-explana-tory. Monday—“ The Answer to Which Is the Hottest Color?”

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis. 20c; henery quality No. 1. 23c: No. 2. 12c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 16c: under 5 lbs.. 15c: Leghorn hens. 12c; broilers, full feathered. 3Vi lbs. and up. 14c; bareback, 11c; Leghorn broilers, 12c; spring chickens. 4Vi lbs. and up 14c; under. 14c: old cocks. B@9c; ducks, full feathered. 9c; geese, 6c. These prices are for No. 1 top quality quoted by Kingan & Cos. Butter (wholesale) —No. 1. 30@31c: No. 2. 28@29c. Butterfat—3lc. Cheese /wholesale selling price per pound)—American loaf, 23%c: pimento loaf, 25%c; Wisconsin firsts. 19c: Longhorns. 19c: New York limberger. 30c. By United Press CINCINNATI, 0., Nov. 27.—Butter, steady: creamery in tub lots, according to score. 25© 29c; common score discounted, 2@3c: packing stock No. 1. 25c; No. 2, 17c: No. 312 c: butterfat. 27@29c. Eggs— Steady; cases. Included; extra firsts. 36c: firsts. 27c: seconds. 23c: nearby ungraded. 31c. Live poultry—Thin and coarse stock sells only at heavy discount: fowls. 5 lbs. and over. 15c: 4 lbs. and over. 15c; 3 lbs. and over, 13c: Leghorns. 3 lbs. and over. 13c: roosters. 10c: broilers, colored. 1 lbs. and over. 18c: IV2 lbs. and over, 18c: 2 lbs. and over. 18c: fryers. 3 ,bs. and over. 16c; partly feathered. 10c: Leghorn broilers. 1 lb. and over. 16c: JVi lbs. and over ..6c: 2 lbs. and over. 15c: Leghorn stags. 12c: black springers. 10c: roasting chickens, 4 lbs. and over. 16c: duuvks. under 3 lbs., sell at liberal concessions: ducks white. 4 lbs. and over. 17c: under 4 lbs.. 14c; colored. 4 lbs. and over. 17c: under 4 lbs.. 14c; spring guineas. IVi lbs. and over. 15c: 2 lbs. and over. 20c: guineas, old. 10c: turkeys. No. 1 hens. 8 lbs. and over. 25c: voung Toms No. 1. 10 to 15 lbs.. 25c: No. 1 old Toms. 23cc: voung Turkevs. over 15 lbs.. 23c: crooked breasted. 18c: No. 2. 18c: hen turkeys, under 8 lbs. and Toms under 10 lbs., sell at liberal concessions. By United Press CHICAGO. Nov. 27. Eggs Market, easy: receipts. 1,176 cases; extra firsts, 32©33c; firsts, 30©31c; current receipts, 25@28c,; seconds, 15® 19c. Butter—Market' easy; receipts. 10,304 tubs; extras, 30c; extra firsts, 28© 29c: firsts, 26®27c: seconds, 24@25c; standards, 28c. Poultry— Market, firm; receipts. 1 car; fowls. 14© 18‘ic; springers, 16Vi©17c; Leghorns, 122 c: ducks. 13©15c; geese, 12Vic; turkeys. 18©23c; roosters, lie; Leghorn broilers, 12>2C. Cheese —Twins, 13 @l3’Ac; Young Americas, 13V5i@ 13Vic. Potatoes— On track, 23; arrivals. 100; Shipments, 684; market, dull: Wisconsin Round Whites, 80®85c; Minnesota and North Dakota Cobblers, 80©85c; Idaho Russets, $1.40© 1.55. By United Press NEW YORK, Nov. 27.—Potatoes—Market, dull; Long Island, 80c@$2 per barrel; New Jersey. $1:25©:1.40 per basket; Maine, [email protected]‘ per barrel; Idaho, [email protected] sack:'Canada. $1.40© 1.50. Sweet potatoes —Market, dull; jersey baskets, [email protected]; southern baskets, 40@65c; southern barrels, [email protected]. Flour—Market, quiet; spring patents, [email protected]. Pork—Market, steady; mess, $20.50. Lard—Market, firm; middle west spot, 067© 068 c. Tallow—Market, quiet; special to extra, 3Vi®3%c. Dressed poultry—Market, dull; turkeys, 23036 c; chickens. 17@33c; fowls. 10© 27c; broilers, 17© 30c; capons, 30@40c; ducks. 14© 20c; Long Island ducks. 19c. Live poultry Market, dull: geese, 15@19c; ducks, 13© 23c; fowls. 17©24c: turkeys. 34©37c; roosters. 12© 13c; chickens. 14@25c; capons. 24@28c; broilers. 15@25c. Cheese— Market, dull: state whole milk fancy to specials. 13 Vi @18c; Young America. 14Vi@15C. By United Press CLEVELAND. Nov. 27.—Butter—Extras, 34c: standards. 32c: market, easy. Eggs— Extras. 33c; firsts, 29c; market, easy. Poul-try-Heavy fowls. 20c: medium. 17c; Leghorn, 12® 15c: heavy broilers. 18@20c; Leghorn broilers. 13@15c; ducks, 12© 16c; old cocks, 12©14c; geese, 13c; voung turkeys, 26c: market, steady. Potatoes— Ohio, 50@55c per bushel sack; Maine Green Mountain. $1.05©1.10 per 100-lb. sack: Idaho Russet, $1.75© 1.80 per 100lb. sack.

Net Changes

By United Press NEW YORK, Nov. 27.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow* UD. Off. Allied Chemical 74*4 ... 2'4 American Can 69% ... 3Fa American Smcltine 23*2 1 ... American TeleDhone 1251 i ... 3*4 Anaconda 14 */ 2 ... Auburn 101*4 ... 3*4 Bethlehem Steel 24% ... 3 i Case 36% ... 1 Chrysler 14% ... V Consolidated Gas 66*4 .. 1 Du Pont 55% ... iVi Electric Power 14*4 ‘a ... General Electric 26% ... I*4 General Motors 24% ... *4 International TeleDhone.... 10 5 s ... % Loew’s Inc 34% ... 2%.. Montgomery Ward 9 7 ,4 ... % N Y Central 31 ... 3*2 North American 34 s * ... l 3 s Paramount 12 ... *4 Pennsylvania 22% ... 1% Public Service 59*2 ... 2% Radio B*2 ... % Radio-Keith 2*4 ... % Sears Roebuck 36*2 ... 2 Stan Oil N J .3**B ... % Transamerica 3 *2 ... 1 Union Carbid# 34 ... *4 United Coro 1114 ... % rt S Steel 5- ... 2% Vanadium 1514 ... % Westinahouse El 34% ... 1% Woolworth %% ... % Two Die at Dinner By United Press ANDERSON, Ind.. Nov. 27. Death claimed two persons at Thanksgiving dinners here Thursday. They were James Albert Swinford, 59, a 'iturner, and Mrs. Louisa Jane Tillrri&n, 80. Both died of heart disease.

Vi Registered TV g. I 9 _g Patent Office RIPLEY

Bright Spots of Business

By United Press NEW YORK. Nov. 27.—The index of business activity for the week ended Nov. 21. stood at 66.1. against 65.9 for the preceding week, according to the "business Week.” DETROlT—Federal Motor Truck Company received an order for twentv-one three and one-half ton trucks for use in United States navy yards throughout the country. NEW YORK—The Fidelity Investment Association's volume of business for the first ten months this year totaled 546,762.060. compared with 516.160.660 in the corrcspondine period of 1930. a gain of 16.3 per cent. ST. LOUIS —Holders of securities listed on the St. Louis Stock Exchange will get approximately $6,500,000 in year ended dividends and oond interest during the next few weeks.

Cash Graip

—Nov. 27 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b. shipping point, basis 41 %c New York rate were* Wheat—Weak; No. 1 red. 47®49c; No. 2 red, 46@47c: No. 2 hard, 46® 47c. Corn —Weak: No. 3 white, 30®31c; No. 4 white. 29® 30c; No. 3 yellow, 29®30c; No. 4 yellow. 28®29c; No. 3 mixed. 28® 29c; No. 4 mixed. 27® 28c. Oats—Weak; No. 2 white. 23®24c; No. 3 white, 22® 23c. Hay if. 0. b. country points taking 23%c qr less rates to Cincinnati or Louisville 1 Steady: No. 1 timothy. [email protected]; No. 2 timothy. [email protected]. —lnspections Wheat —No. 2 red, 2 cars. Total. 2 cars. Corn (new)—No. 2 white, 1 car; No. 3 white, 12 cars; No. 4 white, 4 cars; No. 2 vellow, 3 cars; No. 3 ylelow. 21 cars; No. 4 vellow, 21 cars; No. 3 mixed. 3 cars; No. 4 mixed. 2 cars. Total. 67 cars. Oats—No. 1 white, 1 car; No. 2 white. 5 cars; No. 3 white. 11 cars; No. 4 white. 4 cars. Total. 21 cars. By Times Special CHICAGO. Nov. 27.—Primary receipts: Wheat. 934.000 against 827,000; corn, 402.000 against 794,000; oats. 230.000 against 249 000. Shipments: Wheat. 1,244,000 against 1.483,000; corn. 128,000 against 286,000; oats, 115,000 against 185,000. By United Press CHICAGO. Nov. 27.—Cash grain close: .Wheat—No. 2 hard 55%c; No. 2 mixed, 54%c; No. 3 mixed. 54c. Corn —(New)— No. 2 mixed. 39%®41%c; No. 3 mixed 38% ®39%c; No. 4 mixed, 38@39c; No. 2 vellow. 40@41%c; No. 3 vellow, 38®.40Vic; No. 4 yellow. 38®38'/ 4 c; No. 2 white. 40% ©4lc; No. 3 white. 38%@40%c; No. 4 white. 38c. (Oldi No. 2 mixed. 42c: No. 2 yellow. 41®42%c: No. 3 yellow 42c. Oats —No. 2 white. 25%@26c; No. 3 white. 24®25%c: sample grade. 24c. Rye—None. Barley—4o® 53c. Timothy Timothy—[email protected]. Clover—sl4® 16. Former Officer Released By United Press EVANSVILLE, Ind., Nov. 27. Edgar Painter, former Evansville policeman, and believed to be an important witness in an investigation of the local police department, was ordered released on bond from jail at Houston, Tex. Prosecutor E. M. Lindsey, Vanderburg county, ordered Painter’s release after his father, David Painter, provided $2,000 bond for the son’s appearance here Dec. 6. Painter is one of five policemen charged with falsifying charges against Granville McGill, Negro.

Help in School Work Among bulletins offered to the public by our Washington Bureau in the past are a number of titles of particular interest and value in school work. Our Bureau has made a selection of eight of the most useful and valuable of these to students and teachers, and offers them in a single packet. The titles are: 1. Citizenship and Naturalization. 2. The Presidents of the United States. 3 The Presidents’ Wives and Families. 4. Manual for Debators. 5. Common Errors in English. 6. Choosing a Career. 7. The British Parliamentary System. 8. Countries of Europe Since the World War. You can get this packet by filling out the coupon below and mailing as directed: CLIP COUPON HERE Dept. 7, Washington Bureau, The Indianapolis Times, 1322 New York Avenue, Washington, D. C. I want the SCHOOL PACKET of eight bulletins, and Inclose herewith 25 cents in coin, or loose, uncancele* United States postage stamps to cover return postage and handling costs: NAME ; STREET AND NUMBER CITY STATE I am a reader of The Indianapolis Times (Code No.)

PAGE 11

GRAIN FUTURES ! SELL DUWN ON WEAKSUPPORT Lower Prices at Winnipeg, Liverpool Factors in Decline. BY HAROLD E. RAIWILLE United Press Staff Correspondent CHICAGO. Nov. 27.—Wheat operators were caught short just before the close on the Board of Trade and a good ral'y ensuad. although failing *o fully recovrr the morning's sharp losses. May at the bottom had touched 54 a i cents or 18’* cents under Nov. 9. Liquidation was on in full force early on the extreme weakness at Buenos Aires and Winnipeg over the holiday. A decline in stocks added to the pressure. There was a lack of aggressive support. Bullish news was available but ignored. Coiyi reflected the weakness in wheat and at the bottom was off around II cents from the season’s high. Oat3 accepted the lead of thet major grains and lost ground. No Exports Reported At the close wheat was l T s to 3 cents lower, corn was 1 1 to I s * cents off, oats l’s to l a s cents down, and rye was to 4 cents lower. Provisions were steady. Liverpool continued to weaken and at the close was off l 7 * pense compared with Wednesday. There was no export business reported. Weakness in stocks, declines in sterling during the past three days and the nervous foreign financial situation, especially in Germany, have given the market a feeling of nervousness. Cash prices were 2 to 3 cents lower. Receipts were 10 cars. Cash Corn Lower Corn sod off rapidly in sympathy with wheat but had a small recovery at mid-session to show S to 1 cent lower. There was very little support at the start but later some buying against bids and short covering appeared. Trade was highly nervous. Cash prices were 2 to 2Va cents lower. Receipts w T ere 160 cars. Oats broke more than 1 cent at the start but by mid-session had steadied at % cent lower. The selling was in sympathy with the weakness in the other pits. Cash, prices were 1 1 % to 2 cents lomer. Receipts were 26 cars. Chicago Grain Range ' —Nov. 27 WHEAT— Prev. Open. Hieh. Lot. Close, rlose. Dec... .52% .53 .51% .52% 54% Mar... .53% .54% .53% .53% .56% Mav.. .55% .56'* .54% .55** .58 Julv.. .54% .55% .54 .54% 57 Vsi CORN— Dec... .38% .38% .37** .38% .39% Mar... .41% .41% .49% .41 .42% Mav.. .43V* ,43'-a .42% .42% 44% July.. .44% .45 .43% .44% 46 De^Y 5 T24% .24% .23% .24% 25% Mav.. .26** .27 .26 .26% 27% Julv.. .26% .26% .25** .25% .27 RYE— Dec... .43 .43** .41'* .42 % .45% Mar... .45*4 .46% .44% - 4 5 78 Mav.. .47% .48% .45*4 .46% .50% Julv.. .49 .49 .46% .46* .... LARD— „ . .. Nov . .. ... 6.30 6.4a Dec 6.95 6.97 6.05 6.07 6.07 Jan... 6.07 6.10 6.05 6.10 6.07 Mar. ... ... ... 6.20 6.20 Mav.. 6.27 6.35 6.25 6.35* 6.32 BELUEB- 632 635 May:: ..j 6-32 6.35 By Times Special CHICAGO. Nov. 27.—Carlots: Wheat, 41; corn. 128; oats. 18: rve. 0. and barlev. 4. By United rress TOLEDO. Nov. 27—Cash ftrain—closei elevator prices: Wheat —No. 2 red. 57%@ 58' tc. Corn—No. 2 yellow. 43® 44c. Oat* —No 2 white. 29%@30%c; old oats premium 3to 4 cents. Rve—No. 2,52 c. grain on track 28 %c rate. Wheat—No. 2 red. 52%@53%c; No. 1 red 1 cent premium Corn —No. 2 yellow, 37%®38%c; No. 3 vellow, 35%®37c. Oats—No. 2 white. 26',/®2Bc: No. 3 white. 25®27c: old oats premium 3 to 4 cents. Clover—Prime, $9; December. $9.25: February. $9.50: March, $9.50. Alsike—Cash. $8.50; December. $8.75* February. $9: March. $9.10. ButterFancy creamerv. 32®33c. Eggs—Current receipts. 28® 32c. Hay—Timothy per cwt.. SI. Births Bovs Gerritt and Cecil Bates, Coleman hospital. Shirley and Hilda McCallie, Coleman hospital. John and Poan Smith, Coleman hospital, Edward and Ellen Dankert, Methodist hospital. Elbert and Freida Young. Coleman hospital. Virgil and Zelah Varvel, Coleman hospital. Roonie and Eileen Nlblack, 59 South Mount. Girls Antonio and Norma Lovisa, Coleman hospital. Paul and May Cooper, 534 South Trowbridge. Leo and Lula Wurtz. Coleman hospital. Deaths Ida Lou Wilkinson, 15. city hospital* tuberculous meningitis. Infant Coggins. 4 hrs., 537 West Morris, cerebral hemorrhage. Jacob M. Tipton. 70. Methodist hospital, chronic nephritis. Harold Philip, 2, Riley hospital, bacillary d.vsentary. James T. Dixon. 46, St. Vincent's hospital, cirrohsis of liver. Joseph Cassidy, 47. city hospital, lobar . pneumonia. Kathryn Evelyn Mahuron, 19, 2041 North Alabama, acute dilatation of heart. Irvin Goldstein, 33, Methodist hospital, tonsillar abscess. Judson Davis, 59. 112 East Vermont, acute dilatation of heart. Carl J. Reifeis, 67. 830 lowa, carcinoma, Jacob Miller. 64, St. Vincent's hospital, streptocococcis septicaemia. John William Mr.Makin, 65. 3145 North Illinois, endocarditis. William Archie Mann. 61, 2503 North New Jersey, hypostatic pneumonia. Allen H. Sanders, 23, 2615 East Pearl, acute cardiac dilatation. Edna May Marrow, 14, 710 Waldemer#, cerebral hemorrhage. George Langford. 60, 419 West Seventh, nephritis. Emma L. Sackett, 36. 1614 Leonard, chronic interstitial nephritis.