Indianapolis Times, Volume 45, Number 175, Indianapolis, Marion County, 1 December 1933 — Page 23

•DEC. 1, 1933

Wall Street Wall Street People on Both Sides of Issue Are Involved in President Roosevelt's Money Policy. BY RALPH If END FR SHOT Tim*** p*rtal Financial Writer

Th<-r. is an erroneous tendency to look upon Wall Street as a district where all people view all questions alike—a community of group though* and action. Opinions in Wall Street differ as much as they do in Main street, on most subjects, but in some instances, such as where the banking or brokerage businesses are affected, views are likely to be very similar. The question of the President's monetary policy does not necessarily fall into that category. Certain bankers are interested in retaining their hold over the nation's monetary policy, and they are inclined to view with alarm th** fart that they no longer are called upon by the administration for ‘‘assistance. ’ But outside of that group Wall Street people are inclined to be open minded on the subject, and they will be found on

both sides of the so-called sound-money issue. An excellent illustration of this is to be found in the latest investment bulletin issued by Paine. Webber & Cos., members of the New York Stock Exchange and one of the largest and most important brokerage concerns in the financial district. It said in part: ' No holder of cash or bonds has any just complaint if prieps return to the 1926 level. That level represents the approximate averagp price level at which a majority of our debts were contracted. We do not recall that any one was dissatisfied, with the purchasing power of his bond coupons or their principal value in that year. ana Would Validity Obligations “Attainment of the 1926 level of prices would serve to validity fixed-interest obligations, not to ruin them. Again, whereas many of these obligations are now insecure, they would become, if not at least incomparably more secure. Those who castigate the

Ralph Hendershot

administration's declared intention to retain 1926 price levels are merely cutting off their own noses. In reality the creditor class is being saved against itself." The firm made another telling, fundamental point in support of President Roosevelt's gold-buying policy. It said: "Every additional ounce of gold purchased and every cent of devaluation increases, not decreases, the fundamental base for a sound money-credit system." a a a Would Forget Inflation ‘ Consequently," it added, "we believe that speculators and investors could save themselves unnecessary worry and emotional strain if they would forget the word inflation’ and conduct their affairs in terms of business betterment <or deterioration, but most probably the former! and in terms of how it affects different industries." It is unfortunate for Wall Street that it has been looked upon as a closely knit section harboring people with but one aim and but one attitude rather than as a group of streets upon which all manner and all types of people are to be found even though thov happen to be interested primarily in business of an allied and highlv specialized nature The trouble has been that a small group of bankers and Exchange officials have done all the talking for Wall Street in the past and they have succeeded almost unbelievably well in saying the wrong thing at the wrong time. s

New York Stocks <Bv Abbott. Hoppln & Cos.)

Der. 1— Prev. High. Low. 10:30. close Oils— Amerada . . 44% Atl Rfg . ..33 1 , 30 Barnsdall . 9 % 9% .Consol Oil 11' 2 11% 11 ll', Coni of Del 17% 17% 17 s , 17% Houston 1 new 1 . . . .. ... 4', Mid font Pet .. .. . . ]3% Ohio Oil 15 14% Pc! Corp . . , 11 Phillips Pet .... 16*2 16% 16' 2 16 Pure 0.1 12% 12 Koval Dutch .... ... 33 Sbri Oil ... 34' 8 Shell Un . . 8% 8% . Simms Pet ..... ... 10% Skellev Oil ... .. B', Soc Vac . 16 % 16', 16% 16% S O of Cal . . 41 41 a S O of N .1 45% 45 '8 Texas Corp ... 26‘, 26 '2 Tidewater Assn 10'a 10 = „ Un Oil of Cal 20 20 Steels— Am Roll Mills . . . 17'2 Reth Steel 34 .32% 34 33% Rt err- A M 25% 25‘ 2 25% 25 , Crur Steel 19% Gulf Sts Steel ... ... . . 16 Inland Steel 33% Ludlum Steel . -.. 12% M-Kce port Tin 87 81'% Nall Steel 44% Rep Iron A Steel 14% Rep Irn or St pfd 33 U S Smelt 93*2 93 93% 92 1 , Vanadium 21 21 U S Pipe A: Frtv .. . . 18*.. U S Steel . 45 '2 44% 45% 43% U S Steel pfd .. . 81', Yotingstn SAT.. . 20'2 20% Ratal— Atchison . 48 47% 48 47’ 2 All Cst Line 34 RAO . 23' , 23' b Can Pac 13 13', Ch A- Ohio . 39’ 2 39', 39' 2 38% C M A- St P 4% C M A- St P pfd 8 Chi N W 7' 2 Chi R Isl 3% Del a A- Hud 51 Erie 14% Grt Northern pf .. ... ... 18% 111 Central 28% 2R K C Sou 10 '4 Lou A Nash 44 M K A- T 7% 7% Mo Pac ... 3' 2 Mo Pac pfd ... 4% 4 3 a N Y Cent 35' 2 35 35 34% N Y Chi A St L .. 14 N Y C A- St L pf 18 N Y New Haven . . 16% N Y Ont A- Wes B' 4 Nor Par 20 20 Ten R R 27% 26% 27'* 27% Sou Pac 16% 18% 18% 18' 2 Sou' R R 22% 22', Sou R R pfd ... 23', Union Pac ... 107% Wabash ... . 2% West Marv ... ... 9% Motors— Auburn . 45 42% Ch-vsler 48%. 48% 48% 47% Gen Motors . 32% 32% 32% 32% Graham Mot . . . . 2% Hudson 11% Hupp . 3% Mack Truck 35% 35% Nash 23% 23% Packard ... 4 3% r-o .3% Studebaker ... 4% 4% Yellow Truck ... ... ... 4% Motor Access— Betiriix ... Bohn Alum ... ... . . 47% Bore Warnu ... ... ~ 17% Briggs 9' 2 9% Budd Wheel . 3% 3 Eaten M% 16% 16% 16% 11% Elec Auto Ll’e ... . . 16% Houd A 3% Mullins Mfe 5% Murray Body .. ... 5% . Stew Warner . . .. 5% Timken Fol 28 Min’ng- ■ Alaska J .1 . 23 22% Am Smelt . 44% 43% 44% 43% Anaconda . 14% 14% 14% 14% Cal A- Hecla . 4% 4% Cerro De Pasco. 35% 34% 35% 34%. Gt Nw Ore . . 9% Homes.ake Min. .. .. 319 Howe Sound ... 32% In- Nickel . 22 21% 21% 21% Isl Creek Coal.. 28% 28 28% 28 Kcnnecott Cop. 20’, 20 s , 20% 21% Neranda Cop 35 34% Fhelns Podge 16% Tobaccos— Am SmitT ... ... 49% Am Tobacco A 73 Am Tobacco B . . 74% 75% 1 igg A- Myers B 84 83 s , 83 s , 84% Lorrlllard ... ... 17% 17% Reynolds Tob B. .. ... 46 5 , 47 Equipments— Allis Calmers ... ... . . 17% Am Cat A- Fdv 22 1 s Am Loco .. ... . . 25 s , Am Mach A- Fdv .. . . . 13% Am Steel Fdv ... . . 18% Bald Loco 11 s , 11% 11 s , 11 Burroughs . ... ... 15% 15% Case J 1 70 s , 69 s , Cater Tract 23% 23% , Col Palm Tret ... . . . 12% Congoleum 23 s , 24 Elec Stor Bat ... 43 Foster Wheeler 15 Gen Am Tk Car .. ... 28% Gen Elec 20% 20 Gen R R Sig . 29* Ir.gsol Ran 61% 60 Int Harvester .... 40% 40% Kelvlnator 11% 11% Natl Cash Reg 14%. Proc A Gamble. .. . . 41% rullman Inc 45% 45 Simmons Bed 16 Und Elliot 34 West Air B 2R% 28 Westmgh Elec 38% 38 Worth Pump 32 s , Utilities— Am A- For Fwr 9% 9 s , Am Power A- Lit .. ... 6% A T A T US', 118 s , Am Wa- Wks 18% 17 s , Brook In Gas ... . 63% Col Gas & Elec 11 s , 11% 11 s , ll*. Cos! O E pfd. .. . . .. 52% Com A Sou I s , 1% Consol Ga.' 37% 37%. Flee Pwr A Lit 5% Int T A T 13% 13 s , Lou GAEA 16 15% Nat Pwr A Lit 10% North Amer 15% 15 Pac OAF 17% 17% Pub Serv N J . 35 s , 35 s , So Cal Ediscn .. .. 16 15% Std Gas . B s , S:d Gas pfd .. 9 United Corp ... 5% 5% 5% 5% Un Gas Imp 18% U’ Pwr A lit A’ 3% Western Union . 55% 55 55% 54% Rubber*— _ . Firestone 11% 21 Goodrich •. 14% 14% Goodyear 18’, 3.36 s , u S Rubber !?8i 17% 17% 17% U S Rubber pfd. 27% Fox Thee 14 Loews Ine Radio Cor* *% 8% 6’, 6 s , RKO. .. c 2% Warner Broe 6% 6 Foods — Am Sugar .... 54 : 4 54 54% 53% Armour A ... 3% 3%

Beatrice Cream . , 2! r”4i rC p^L Prod 2 °' ’ 2o ' 2 '20)2 20% C.il Packing 20% Canada D G Ale " Coca Cola . q*.-, 4 Corn Prod .72 '71% '72 fiq% Crm of Wheat . °8 oa* g&w 357 “ ' 3 - #> I' Loose Wiles . . 4) * Natl Biscuit . 47 3 * 47% 471. 471. Natl D Prod ... 17% 8 Purity P.ak .. . % {3* S P Rico Sug . . ... 30 std Brands 23'i 9?' United Frith | 64% 64 * Ward Bak A’ ... ..j ... 2 7 Retail Sfores— Ass Dry Goods 101, BS! A- Cos ' ' 26’ Gimbel Bros ... " 53. Gr Un Tea . , ... . * 43. Hahn Dept Sts 5;. Jewel Tea. '' Kresge S S [ " \ 12% Kroger Groe ... 23 Macv R H *sl % 50% May Dept St . 26% Mont Ward . . 22% 22% Pennv J C 52 51-1, Safeway St . . 431 S-ars Roebuck ... 43 42^ Woolworth ... 40% 4fi% Aviation— Avia'ion Corp .... ... . 7% Douglass Air .. ’ 74 Cprtis Wright 25 2% Curtiss Wright A’ . ... 51, 514 Nor Am Av . . . 53, United Aircraft ... ... .. 32% < hemirals— Air Reduction .... ... 101% Allied Chem . i42% 142 Am Com Alcohol 49 48% 49 49 ! - Col Carbon ....... 60% 60% Com Solvents 30% 30% 30% 30 Dupont 87% 86% 87% 86'. Freeport Tex 46% Liquid Car . . . . ... . 24% North Alkali 41% 41% Tex Gulf Sulph. 43% 42% 43% 42% Union Carbide 45% 45% 45% 45 U S Indus Ale . 593, 59 Natl Dist inewi . 27% 27 27% 26% Drugs— Coty Inc . . 4 4% Lambert . . . . 30 30'„ Lehn & Fink 18% Zonite Prod ... 7% 7% Finanrial— Adams Exp . .... .. ... 8% 8% Alleghany Corp. .. 3% Chesa Corp . . 32 Transr.merica ... . . 'gi. Tr Conti Corp ... . , 43 4 Building— Am Radiator . . 13% 13% 13% 131Gen Asphalt ... . . 16% Johns Manville 56% 55% Libbv Owens Gls 32% 32% 32% 32 Otis F.lev 13' 2 13% Ulrn Const ....... ... . 2% Miscellaneous— Am Bank Note.. .. 14% 143 8 Am Can . . 97% 9% 9% 97 Brklyn Man Tr. .. ... . 28% Conti Can ... ... 71 % 71% Eastman Kodak. .. . 78% Owens Bottle ... 81 80 Gillette ... 11 11 Glidden . ... . . 15% Gotham Silk ... 7% Indus Ravon .. ... . 77% Inter Rapid Tr 9% . Real Silk Hose . .. ... .. 9

Federal Farm Loan Bonds

Bv Blvth <V Cos.. Inc - Nov. 29.

Bid. Ask 4s Nov. 1. 1957-57 79% 80% 4s Mav 1. 1950-38 79% 80% 4%s July 1. 1956-36 79% 81% I%S Jan. 1. 1957-37 79% 81% 4% s Mav 1. 1957-37 79% 81% 4%s Nov 1. 1958-36 79% 81% 4%s Dec. 1. 1933-32 99% 100% 4%s Mav 1. 1942-32 85 86% 4%s Jan. 1. 1943-33 85 86% 4%s Jan. 1. 1953-38 81% 82% 4%s Julv 1. 1933-33 . .81 % 82’ 2 4%s .Tan 1. 1955-35 81% 82% 4’ s Julv 1. 1955-35 81% 82% 4%s Jan. 1. 1955-35 81% 82% 4%s July 1. 1953-33 85 86% 4%s Jan. 1. 1954-34 85 86% 4%s Julv 1. 1934-34 85 86% 5s Mav 1. 1941-31 92% 93% 5s Nov. 1. 1941-31 . 92% 93% Home Loan 4s Julv 1. 1951. . 82% 63%

U. S. Government Bonds

By United Press NEW YORK. Nov. 29—Closing Liberty bonds 1 Decimals represent thirty-seconds) LIBERTY 3%s 132-47) 100. First 4%s 132-471 101. Fourth 4%s )33-38) 101 14 Fourth 4%s i33-38) called 101.13 TREASURY 4%s 147-52) 105 31 4%5-3%s 143-45) 99 15 4s 144-54' 102.22 i is 46-56 101.4 3%s .43-47) 99.10 3 3 *s i4l-43' March 99 14 3-%s .40-43) June 99.20 3%s '4l' . 99.4 3%S 46-49) 97.7 51-55' 95 28

Daily Price Index

NEW YORK. Nov. 29.—Dun and Bradstrent's daily weighted price index of thirty basic commodities, compiled for the United Press: 11930-1932 Average, 100) Todav 100 10 Yesterday 99 64 Week ag> 100.92 Month ago 101.14 Year ago. .... 73.58 1933 high Julv 18 113 52 1933 low .Jan 20' 67 36 • Copyright. 1933. Dun * Bradstreet. Inc ) CHICAGO FRITT MARKET By Unite it Prt ss CHICAGO Nov 29.-Frv.it and vegetables —Apples. Michigan Jonathans, bushel. $1250 150: spies, bushel $115®150 Ca--rots Illinois, bushel. 50')/65c Spinach Illinois, bushel. 15'/60c Beans- Southern green Slot 35: wax. 150m2.75. Mushrooms—lllinois 15.1 30c Tomatoes—California, 51.25®2: Himois and Ohio hothouse. 75085 c Beets Illinois, bushel. 500 65c: crate. $1.50® 1.75. Leaf Lettuce— Illinois hothouse, box. 15®17%c. Celery Michigan, square crate. 40085 e Cqbbage Wisconsin, crate. 11.254i1.50. Onion Ma-ket Washington and Idaho, Valentias. bushel. 755/ 90c Wisconsin yellows, bushel. 65®80c; Indiana yellows, bushel. 65®80c; Illinois yellows, bushel. 65® 80c, Midwesicn whites, bushel, *125.

STOCK SHARES SHOW STRONG TRADING RANGE Most Issues Up Fractions to a Point: Sentiment Strengthens.

Average Stock Prices

Average of thirty industrials for Wednesday: high 98 51, low 96.57; last 98 14, up 191; average of twenty rails, 38 28. 37 63. 38 18 up 53: average of twenty utilities. 23.83. 23 45. 23 65. up .07. average of forty bonds, 30 18, up .14. Bv ELMER C. WALZER United Press Finanrial Editor NEW YORK. Dec. 1.-Stocks advanced to more than a point at the opening on the stock exchange today, featured by U. S. Steel which rose to 45 1-4 up 1 3-8 points on 1.500 shares. Demand for steel was inspired by steady improvement in that industry and by indications the corporation was launching a vast program of consolidation and concentration of its vast properties. Myron C. Taylor, chairman of the board, iwho also, as chairman of the finance committee, reorganized the company's financial structure, will leave the finance committee Jan. 1 to concentrate his energies on the new program, according to reports. The whole market was better with the exception of a few issues of the copper group. Farm equipments were higher with Case at 70%, up a point. Wet stocks were in demand as actual repeal approached. Chemicals. Can stocks, utilities, rails, most mining issues, oils, and motors were fractionally higher. Sentiment was improved in the financial district and predictions were made the market was heading into a real rise after the government financing operations were out of the way Dec. 15. The public, however, still was out of the market and operations were dominated by professionals.

Bank Clearings

INDIANAPOLIS STATEMENT —Dec. 1— Clearings $2,111,000.00 Debits , 4.696,000.00 TREASURY STATEMENT —Dec. 1— Net balance for Nov. 28. $1,106,838,061.54 Misc. int. rev. repts 7,408.236.57 Customs repts. mo. to date 26,006,329.08 New York Curb By Abbott, Hoppin & Cos. —Nov. 29Close Close Alum C of Am 75% Ford of Europe 5% Am Bev l%;Gt At & P . .131 Am Cyan B 12 G Alden Coal . 12% Am & F P war 6% Gulf O of Pa . 56 3 * Am G & E 19 3 * H Walker 39% Am Superp ... 2% Hud B Min .... 9 3 As Gas A- E .. %-Humble Oil .... 93 3 * Atlas Corp . .. 11’% Imp Oil Ltd ... 14% Brazil T & L. 11% Int, Petrol . . 20 3 * Brit Am T A.. 28 jLake S Min ... 46% Can Ind A1 A. 16 Nat Bellas H .. 2% Can Marc .... 2% Newmont M ... 49% Carrier Corp . 5% Nia Hud P . .. 5% Cities Serv 1% Park Daivs ... 23 Commonw Ed . 36 Penn Road . .. 2% Con G of Balt. 46% St Regis Pap... 2% Cord Corp .. . 7%,5al Crk Prod.. 5% Creole Pet ... 10*% Sherwin Wms . 43 Deere Ar Cos ... 31% Std of Ind .... 32% Dist Dim .. . . 20% Std of Ky 15*% Dist Corp . 18% Tech Ind 9% Dow Chem 71% Teck H Gold .. 5% El Bd A- Sh . 13%!Un P A- L A .. 2% Fisk Rubber . . 6% Wright H Min . 7 Ford of Can A 15%!

Foreign Exchange

(By Abbott. Hoppin & Cos.) —Nov. 29Close. Sterling. England $5.19 Franc. France 0617 Lira. Italy 0832 Belgias. Belgium 2195 Mark. Germanv 3765 Guilder. Holland 6335 Peseta, Spain 1292 Krone. Norway 2698 Krone, Denmark . . 2315

Investment Trust Shares

(By Abbott, Hoppin & Cos.) —Nov. 29Bid. Ask American Bank Stocks Corp . .70 78 American & General Sec A. 3.50 550 American A Inv Tr Sh 150 2.C0 Basic Industrv Shares 3.17 322 British Type Inv Tr Sh 48 .54 Collateral Trustee Shares A . 440 4.50 Corporate Trust Shares (old). 217 2.22 Corporate Trust Shares (newt 224 227 Cumulative Trust Shares 3.88 394 Diversified Trust Shares A.. 6.25 Diversified Trust Shares 8... 6.90 710 Diversified Trust Shares C... 2.94 298 Diversified Trust Shares D . 4.50 462 First Insurance Stock Corp . 130 134 First Common Stock Corp... .83 95 Fixed Trust Oil Shares A.. 8.25 845 Fixed Trust Oil Shares B 6.85 7.10 Investors Inc 17.20 17 25 Low Priced Shares 525 532 Mass Inv Trust Shares 17.37 17 75 Nation Wide Securities 300 3.05 North Amer Tr Shares >53) . 1.83 185 North Amer Tr Shares 155-56) 227 231 Petroleum Trust Shares A 800 11 00 Selected American Shares.... 255 Selected Cumulative Shares . 6.75 687 Selected Income Shares 325 350 Std American Trust Sh A 2.88 292 Trust Shares of America.... 2.78 282 Trustee Std Oil A 540 560 Trustee Std Oil B 487 497 U S. Electric Lt A- Pwr A... 10 25 10.62 Universal Trust Shares 292 3.00 NEW YORK RAW SUGAR FUTURES —Nov. 29 High. Low Close. January 1 22 1.18 1.18 March 1.27 1.23 1.24 Mav 1 33 1.29 1 30 J ,!iv u 138 134 136 September 143 1 4C 141 December ... 1 15

Committees Announced bv w Highland Club President

Russell L. White Selects Personnel of Various Groups. Russell L. White. Highland Golf and Country Club president, today announced appointment of various committees for the club. They include: Tournament imem— Ralph H. Burdick chairman: George E, Pierson and H. C Schroeder. Tournament .women'—Mrs. J J Lange chairman. Mrs. Frank Mills Miss Josephine O'Brien. Mrs. C. A. Jaqua and Mrs. Paul Brown. Membership—A. R C. K:pp. chairman: A G. Feenev. Don A. Morrison. Thomas R Dungan Bert C McCammon. Russell Willson. T. M Kaufman, William F. Mover and Harrison M. Bennett. Handicap—Dr. Frank L. Truitt, chairman C T. Spriggs. Herbert H. Pleasante. Frank H Davis and Paul E. Crosier. Tennis—R H. Crane, chairman; Frank S Dowling. C Severin Buschmann, William E Gavin and E. J. Wuensch Swimming—A. G. Feenev. chairman; Dr. Frank L. Truitt, Mrs. James T. Hamill. William A. Hanlev and Mrs H. C. Lathrop Bridge- Mrs. R C Fox. chairman: Mrs. C H McCaskev. Mrs. Edward Zaiser. Mrs Fred I. Shumaker, Mrs. Glenn J. Pell and Mrs Frank E. Kotieman. Budget —J. V. Stout, chairman: Arthur H. Taylor and Arch V. Grossman. House—H C Lathrop. chairman; William A Hanlev Frank D. Kissell. Mrs. W A. Umphrev and Ralph B Knode Golf Grounds—Ralph Young, chairman: Dr E. W. Gant and William A. Umphrev. Entertainment—William J. Moonev, chairman; John A. MacLeod and John J. Lange.

THE INDIANAPOLIS TIMES

On Commission Row

—Dec 1— FrnlU Cranberries—Cape Cod early blacks. 25lb box $29 215 Grapes California emperors, crate. *1 65 Melons—California Honeydews W-12s), $2 50; 113-15? 1 . $1 75. Pears—Washington D Anjou <9O-1655), $2 75; Washington Bose )100-1355), $2.75. Avacos. Fla. (10- 16s >. crate. $2. Bananas—Per pound Stic. Apples—Wealthy. Wolf River, Grimes Golden, Jonathan. Florida. $1.25111.75 a bushel; fancy Jonathans, $2 a box. Grapefruit—s 39 4 Prunes—ldaho Italian. 16-lb. lugs. sl.lO. Oranges—California Valencias, $3.505 a box. Lemons—(36os), $4.5035.25. Vegetables Cabbage—Eastern Danish. 50-lb. bag, $1.35 Onions —Utah Spanish. 50-lb. bag $1.25: western white, 50-lb. bag. $1 40; Indiana white. 50-lb. bag $1.25; Indiana, yellow. 50-lb. bag. 85c: 10-lb. bag, 18c Beans—Round stringless, hamper, $1.75 9.2; flat stringless. $1.25 Beets—Bulk per bushel, 85; California, 85c per dozen. Peas—loo-lb $4. Carrots—California. $3 crate. Cauliflower—California <ll-12s). crabe $1.50. Celery—Michigan Mammoth, bunch, 65c; medium bunch, 45c. hearts. $1; 15-bunch flat crate, $1; California $3 crate. Cucumbers—Florida. $3.50 bushel; hothouse. $1.15 per dozen. Lettuce—lceberg best (4-ss) crate. $4.50; hothouse. 15-lb. basket. $1; Michigan endive. $1.50 per bushel. Radishes—Hothouse button, 40c dozen. Spinach—Broadleif. per bushel, 75c. Turnips—Per bushel. 75c. Tomatoes—Hothouse. $1 8-lb. basket. Potatoes—Northern Round Whites. 100lb. bag. $1.509 1.65; R. R. Ohios, 100-lb. bag. $1.5091 65: 15-lb. bag. 33c; Wyoming triumphs. 100-lb. bag. $2.10. Sweet Potatoes—lndiana Jerseys, No. 1 bushel, $1.60. Nancy Halls, per bushel, $1.25.

In the Cotton Markets

—Nov. 29 CHICAGO High. Low. Close. January 9.94 9.9f 994 March 10 12 10.08 10.12 Mav 10.27 10.24 10.25 July 10 40 10 38 10.36 October io 57 December 988 9.85 9.88 NEW YORK. January 9.94 9.87 9 88 May 10.23 10.17 10.19 July 10 35 10.27 10.30 October 10 54 10 48 10.49 December 9 84 9.80 9.83 NEW ORLEANS March 10.04 998 10.02 Mav 10.19 10.13 10.15 Julv 10.31 10 26 10.29 October 10.47 10.45 10.47

Retail Coal Prices

The following prices represent quotations from leading Indianapolis coal dealers. A cash discount of 25 cents per ton is allowed. DOMESTIC RETAIL PRICES Anthracite $14.25 Coke, nut size 8.75 Coke, egg size 8.75 Indiana, forked lump 5.50® 5.75 Indiana, Indiana, mine run 5.00® 5.25 Kentucky lump 7.00 Pocahontas lump 8.25 Pocahontas egg 8.25 Pocahontas forked lump 9.25 Pocahontas mine run 7.25 New River smokeless 8.25 West Virginia lump 6.75 West Virginia egg 6.50 Island Creek 7.00 Extra charge of 50c a ton for wheeling coal, and $1 a ton for coal carried to bin. Births Girls Carl and Helen Andrews, Methodist hospital. Pascal and Ruby Owens, Methodist hospital. * Milton and Mary Chance. Methodist hospital. James and Thelma Sawyer, Methodist hospital. William and Mary Green. Methodist hospital. Harold and Annabelle Lovelace, Methodist hospital. William and Nada Conlev. 52 South Bellevieu place. Covert ana Hortence McDonald. 3350 North Arsenal. Paul and Nellie Deeds, St. Vincent’s hospital. John and Leona Devnev. 841 Birch avenue. Harry and Loretta Betzler. 1423 Gimber. Raymond and Elizabeth Bredell, Coleman hospital. August and Opal Maxson. Coleman hospital. Boys Lawrence and Mildred Koons. Methodist hospital. Howard and Miriam Dirks. Methodist hospital. Simon and Fanny Brodev, Methodist hospital. Herbert and Theresa Gibson. Methodist hospital. William and Lucille Keller, Methodist hospital. Theodore and Fanny Robinson. 1033 West Michigan. Gerald and Cloena Miller. St. Vincent's hospital. Millard and Esther Carson. 423 West Forty-third. Lawrence and Mary Vest, 1231 Wright. Linn and Kathaleen Boggs. Coleman hospital. Arthur and Jessie McKinnev. Coleman hospital. Raymond and Helen Stevens. Coleman hospital. Deaths Alice Kelsey. 68, 321 East Fifty-ninth, uremia. Rachel Herod. 85. 1731 North Capitol, chronic myocarditis. Mary J. Jenckes. 84. Long hospital, cerebral hemorrhage. James C. Batton. 70. Central Indiana hospital, chronic myocarditis. Nannie Morgan, 53, 28*3 Indianapolis, cardio vascular renal disease. Sophronia Carson, 69. 316% Virginia, lobar pneumonia. Herman Schrowe. 61. 2013 Cingleton, cerebral hemorrhage. John Jacob Henson. 65. 329 lowa, broncho pneumonia. Leonard McQueen. 72, Methodist hospital. cerebral apoplexy. Rachel A. Stearn, 79, 1211 North Oakland. broncho pneumonia. Etta Bunnell, 52. St. Vincent's hospital. lobar pneumonia. Emma A. Larger, 78, 1104 East Market, myocarditis. Arthur Mabey, 46, 610 Shelby, coronary ccculsion. Alice Orphia Kirk, 53, St. Vincent's hospital. stomach ulcers. Thomas Moore, 1, 1717 Ludlow, pneumonia . Arthur G. Duncan. 39. 225 West Fifteenth. chronic nephritis. Edward E. Kihns. 67, 924 Virginia, lobar pneumonia. Laura E. Remv. 57, Methodist hospital broncho pneumonia May Francis Patton, 23, 1218 East Twenty-fifth, acute miliary tuberculosis. Fines Parks, 54. 705 East Thirteenth, fractured skull. Bessie Olmsted, 49, 6 West Michigan, cardiac embolism Crittenden T. Lowev, 67. 5608 Beechwood pneumonia. Jess* Self, 69, St. Vincent's hospital, septicemia william Franklin Rutter. 66. city hospital. acute myocarditis. Katherine L. Milner. 62, 1818 North Delaware, cerebral hemorrhage. Mary Boren, 13 days. St. Vincent's hospital, broncho pneumonia Jennie Douglas. 67. 725 North West, cerebral hemorrhage

Caddy—R. V. Law. chairman; John A. W'elch and Roy F. Hartz. Directors—James E. Bartlett, F. L. Binford, R. H. Burdick, H. C. Lathrop, William J. Mooney. George E. Pierson. John H. Rau, R. L. Reed, Dr. F. L. Truitt. William A. Umphrey and Carl Weyl. TEN COMMANDMENTS’ IMPORTANCE LISTED College Girls Vote on Placing of Old Edicts. By United Press BOSTON, Dec. I.—Asked to list the ten commandments in the order of their importance, girl students at Simmons college recorded them like this: Honor thy father and mother. Thou shalt not kill. Thou shajt have no other Gods before Me. Thou shalt not steal. Thou shalt not commit adultery. Thou shalt not bear false witness. Thou shalt not take the name of the Lord in vain. Thou shalt not make unto thee any graven image. Thou shalt not covet. Remember the Sabbath day' to keep it holy.

PORK MARKET OFF 10 CENTS AT CITY PENS Cattle Mostly Unchanged: Lambs, Veals Strong and Active. Action was resumed in the hog market at the Union Stockyards this morning after the holiday shutdown and all classes moved around 10 cents lower than Wednesday's average. Initial trade was slow and draggy. The bulk, 160 to 175 pounds, sold for $3.45 to $3.55, while heaviest kinds weighing 275 pounds and up were selling at $3.25 to $3.40. Few small lots brought $3.60. Other grades scaling 140 to 160 pounds sold at $3.40 to $3.50; 100 to 140 pounds sold at $3 to $3.25. and 100 to 120 pounds were available at $2.50 to $2.75. Receipt were estimated at 7,000. Holdovers, 97. Only little changes were evident in the cattle market, with few sales slightly lower than the previous session. Bulk steers sold for $4 to $5.50, while most heifers brought I $5.65. Other classes sold at $5 down. Receipts numbered 400. j Vealers were strong to steady, sellI ing at $7 down. Receipts were 400. I Active trading featured the lamb ; market, with most grades slightly ! higher. Ewe and wether lambs sold at $7 to $7.50, while bucks ranged | from $6 to $6.50. Throwouts were I selling down to $4. Receipts were 2.500. Practically no early action was displayed in hog trading at Chicago and indications were sharply lower. Bulk prices remained undetermined. Receipts were estimated at 35,000, including 15,000 directs; holdovers, 4,000. Cattle receipts were 7,000; calves. 1,000; market weak. Sheep receipts numbered 23,000; market weak. HOGS Nov. Bulk. Top. Receipts. 24. $3,75 9 3 90 $3 90 6.000 25. 3 709 3.80 3 80 6.000 27. 3.559 3 65 3.65 12.000 28. 3 559 3.65 3.65 10.000 29. 3.55® 3.65 3.65 5.000 Dec. 1. 3.459 3.55 3.60 7,000 Market, lower U4O-160) Good and choice. . .$ 3.40® 3.50 —Light Weights—-(l6o-180) Good and choice.... 3.55 (180-200) Good and choice... 3.55 —Medium Weights—--1200-2201 Good and choice.... 3.55 (220-250) Good and choice ... 3 509 3.55 —Heavy Weights—-)2so-290l Good and choice.... 3 409 3.45 1290-350) Good and choice.... 3.309 3.40 —Packing Sows—(3so down) Good 2.75® 3.00 )350 up) Good 2.509 2.85 iAll weightsi Medium 2.259; 2.65 —Slaughter Pigs—-(loo-130) Good and choice. .. 2.50® 3.00 CATTLE Receipts, 400; market, steady. (1.050-1,1001-Good and choice $ 4.50®) 6.00 Common and medium 2 50® 4.50 (1.100-1,500) Good and choice 4.259 5.75 Common and medium 3.00® 4.25 (650-750) — Good and choice 4.75® 6.25 Common and medium 2.50® 4.75 (750-900) — Good and choice .. 4 25® 6.00 Common and medium 2.00® 4.25 —Cows— Good 2.85® 3.25 Common and medium 2.0091 2.85 Low cutter and medium I.oo® 2.00 • —Bulls (yearlings excluded l Good (beef) 2.00® 2.75 Cutter, common and medium.. I.oo@ 2.00 VEALERS Receipts. 400; market, steady. Good and choice $ 6.50® 7 00 Medium 3.50® 6.00 Cull and common 1.50® 3.50 —Calves—-(2so-500) Good and choice 3,50® 4.50 Common and medium 1.50® 3.50 n^~ Feeder and Stocker Cattle—-(soo-800) Good and choice 3.50® 4 50 Common and medium 2.00® 3.50 (800-1.5001-Good and choice 3.50® 4 50 Common and medium 2.00® 3.50 SHEEP AND LAMBS Receipts, 2,500; market, higher. '9O lbs. down) Good & choice.s 7.009 7.50 <9O lbs. down) Com. and med . 4 009 7.00 190-110) lbs.) Good and choice 6.50® 7.25 —EwesGood and choice 1.75® 2 75 Common and medium I.oo® 1.75 Other Livestock BY UNITED PRESS nnn Hl i?^£P Dec * *'——Receipts, 35.000; 15,000 directs; few sales around 25c I lower than Wednesday’s average: most grades off more; 170-270 lbs., $3,509 3 65extreme top. $3.75; practically nothing done on other kinds; light lights. 140-160 lbs. good and choice, $2.7593.40; light 0 lbs., good and choice. $3.15®3.75: medium weights, 200-250 lbs good and choice. $3.50®3.65; heavy ,250-350 lbs., good and choice, $3.159 3.65; packing sows, 275-550 lbs. medium and choice, 52.409 3: slaughter pigs, 100-130 lbs., good and choice, $29; 2.(5. Cattle—Receipts, 7.000; calves, re- ! ceipts, 1.000: fairly active trade on all light steers and yearlings, but slow -on long yearlings and medium weight and weighty steers, good to choice, weak to lower on all kinds over 1.050 lbs., other killers, steady; liberal part of steer run for livestock exhibit, part of which will pe sold, best long yearlings early $6.40. few loads $696.25; light heifers up to $6 nothing done on weighty steers; slaughter cattle and vealers: steers 550-900 lbs good and choice. $5 50 9 6.50 ; 900-1 100 lbs., good and choice. $59 6.25: 1.100-1 300 ‘hf-- sood and choice. $4.75®6.25: 1.300%t OO , lbs., good and choice, $3.75 9 5.75; 550-1.300 lbs., common and medium. $39 “i os °- 75 0 lbs., good and choice. $5.25®6.50: common and medium. $39 5.25: f 00( ?' S3 ®4; common and medium. $2 2593; low cutter and cutter, $1,509 yearlings excluded, good beef, cutter, common ana medium, s2®3: vealers, good and choice. $4 509 *3.5(19 4.50; cull and common. 52.509 3.50. Stocker and feeder cattle , **o-1.050 lbs., good and choice, $3.50®4.50; common and medium. $2,509 3.50. Sheep—Receipts. 23.000; opening slow on fat lambs, weak to lower; best natives and fed westerns above $7.25; sheep steady; fed lambs scarce; slaughter sheep and lambs: lambs 90 ibs. down, good and choice $6.759.7,25: common and medium, $59 i: ewes 90-150 lbs., good and choice. *l-75 93; all weights, common and medium. SI 2592.25: feeding lambs, 50)5 lbs., good and choice, $5.50®6.10 EAST ST. LOUIS. 111., Dec. I.—Hogs Receipts 5,500. including 500 direct- market. opened strong to 5c higher than best time Wednesday with pigs unevemy higher , no action on sows; later trade at standstUl Early top $3.80 and sales 150-S-f lb?-- largely $2.759 3.80; some around averages $3.65; 130-150 lbs.. $3.259 3.65; 120 lbs. down. $29 3. CattleReceipts. 2,000; calves, receipts. 1 000market: steers in liberal supply; few good steers in run; early demand narrow; other classes steady; mixed yearlings and heifers *3.509 5.25; beef cows, $2.2593: low *2.) 5; top sealers. $6.25; slaughter steers. 550-1100 lbs., good and choice, $5 9 6 25; common and medium. $2.7595 25- 11001500 ibs.. choice. 54.75®5.75; ' good, $49 ?*SO. me Hum. $3.25®5. Sheep—Receipts. 1.000; market: light run of sheep and lambs encountering slow inquirv and lower bids, no early sales. Lambs. 90 lbs. down, good and choice. $8.759 7.50: common and medium, $3.50 9 6.75; yearling wethers. 90110 lds '. ? ood and cnoice, $4.509 5.75ewes. 90-150 lbs., good and choice. $1.50*1) 2-75: all weights commoa and medium. Sl's 2. FT. WAYNE. Dec. 1— Hogs— Market. 10 ?^ ntS .o 1 9? er A-„ 1^- 200 lbs.. $3.35: 200-250 lb s " *3.45. 2ao-300 lbs .$3 35: 300-350 lbs.. }b- *3 40; 140-150 lbs., $3.30: 130-140 lbs. S3 15: 100-130 lbs., $2.75: roughs. $2 75; stags. $1.75. Calves—--56.50. Lambs—s6.so. LEVELAND. Dec. I.—Cattle—Receipts. 300: market, active on lower priced grades: steady on good cattle, and about s*eariv for the week; choice e750-1.100-lb. steers. $5.75yj 5.25; prices mostly unchanged on heifers, with top at $4.75: cows unenanged from Wednesday at $3 top. Calves—Receipts. 300; market. 50 cents higher todav a pd up $1 for the week; choice to prime. \‘ a i- choice to good. $697: common. $39 5. Sheep—Receipts. 4.500; market, slow ana 2o cents lower todav. but up 25 to 50 cents for the week; choice wethers. $2 509 3 24: medium to good. $1.509 2 choice spring lambs. $797 25 common and cull. $39 5 Hogs—Receipts. 1.500: marke*. 25 to 35 cents lower todav and 60 cents lower for the week; heavies. $3.75: choice butchers. light butchers and choice vorkers. $3 75: stags. $1.50: roughs $2 50. pigs. *3. PITTSBURGH Dec. I.—Hogs—Receipts. 5.300; market, fairiv active. mosMv 30 cents lower; sows. 25 cents off; top and bulk. $4: 170-280 lbs *3 900/ 4 300 ibs. up. around $3.75; 150 lbs. down. $3,259 3 50: p:gs and packing sows. $39 3 25. Cattle— Receipts. 150; market, slow. n<Jl much trading, nominal. Calves—Receipts. 200: market steadv: good and choice vealers. $7 9 7.50; medium. ss'g6: heatv calves. $5 50 down. Sheep—Receipts. 3.000; market. 25 cents lower on better grade lambs, bulk, good and choice sorted 66-90 lbs. fat iambs. $6 759 7.25. Quality considered; culls to common. $2.50®4, aged wethers, scarce; best. *3.25.

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TOTAL SALES 31.000 —Nov, 29 High. Low. Close Advance Aluminum 2 ~* American Y\ette * Bendix Aviation it a E L Bruce Cos H Butler Bros Cent 111 Pub Serv ofd 19'* Cent 111 Securities com % Cent 111 Securities ofd. .. ... 6. Cent Pub Util ... % Cent & So West .... I'a 1 1. Chi & North Western.. . ... <% Chicago Corp Com 2'* 2% 2 * Chicago Flexible Shaft % Ch No S fc M R R P L 1 Chicago Towel ofd ®y% Chicago Yellow Cab • ■ ■ . Cities Service 2 l a 1_ Club Aluminum . ... ; Commonwealth Edison.. 36 * 36% 3o‘a Cord Com 7j 6 a Gt Lakes Aircraft .. . a % Great Lakes Dredge i®, Grigsbv-Grur.ow ■* 111 Northern Util Kentucky U Jr cum pfd Ji Loudon Packing , Lynch Corp 29' 2 29 29 Marshall Field 13 McCord Rad A••• r, McGraw Electric McWilliam Dredging Cos la '. J Middle West Utilities . .. . ■ ’ Mid W Ut 6"- pfd A .. Midland Util 7<J A ofd ... " Midland Utilit i r o PL l' 1 . j Monroe Chemical Pfd.. .. • ... * Northwest Bancorporat 3% 3 2 5 4 Pines Winterfront •• ,f 2 Prima Cos ...... •• • lUs 11 ji. Public Service N P iS 2 Public Service 6'% bfd.. ,34 Quaker Oats 124 123 154 Reliance Mfg Cos . , St L Nat Stock Yards sW G & Elec pfd. .. .. % . Til• Swift &Cos •• H ” 2 Swift International ... 28’2 20 2

Produce Markets

Delivered in Indianapolis prices—Hens, 9c: Leghorn hens. 6c. heavy breed sprAngers 8c: Leghorn springers, sc. cocks. 5 lbs’ and up. 6c: under 5 lbs.. 4c. ducks. 4'2 lbs. and over, full feathered and fat. ! 6c; under 4'2 lbs.. 4c: geese, full feathered and fat. sc. Turkeys—No. 1 young hens 8 lbs. and over, 11c: young toms. 12 to i 20 lbs., 11c; No. 1 young toms over 20 lbs 9c: old toms, 7c: No. 2 thin crooked I breasted, sc: No. 1 strictly fresh country I run eggs, 24c; strictly rots off: each full egg case must weigh 55 lbs. gross; a deduction of 10c a pound for each pound under 55 lbs. will be made. Butter—No. 1. 25926 c; No. 2. 22@23c. Butter—No. 1. 25926 c; No. 2. 22®23c. Butterfat— 18c. Quotea by the Wadley Company. NEW YORK COFFEE FUTURES —Nov. 29 SANTOS High. Low'. Close. January • • 8.47 March 8.58 8.58 .... May 8.65 8.61 8.65 July 8 78 8.71 8.78 September 9.08 9.05 9.08 December 8.45 8.33 8 45 RIO January 6.06 March 6 16 6.13 6.16 May . 6,28 July .... 6 38 September 6.50 December .... 5.98 BABY RATTLESNAKE IS KILLED BY OWN BITE Reptiles Not Immune to Venom, Scientists Find. Bn Science Service HAYS. Kan.. Dec. I.—Snakes are not immune to venom of their own or of other species of snakes, it ! appears. A baby rattlesnake in the zoological laboratory of the Ft. Hays Kansas State college here, bit itself accidentally during a fracas in the cage where it lived with its mother , and brothers and sisters. Before it could release its fangs 1 from its own body, it had appar- j ently injected enough of its own 1 venom to cause its death a few 1 hours later. Reporting the incident, Professor L. D. Wooster recalls that another investigator reported the death of a rattlesnake from water moccasin venom. SBO,OOO GROSSED BY DIVERSIFYING CROPS lowa Farmer Tries Onions, Beets, Spuds, Instead of Corn. By United Press CLEAR LAKE, la.. Dec. I.—Di- j versified farming was a paying proposition for Sam Kennedy. Instead of the customary lowa crops of corn and oats, last spring Kennedy planted 160 acres of pota- j toes, 75 acres of onions and 125 acres of sugar beets. The potatoes were shipped to j Chicago and St. Louis markets, the I onions placed in storage, and the sugar factory at Mason City, Ia„ i nearby. The gross value of his crop was estimated at $30,000. DRY REPEAL SEEN AS VIRGIN ISLANDS BOOM Governor’s Wife Predicts Prosperity on Visit to U. S. By United Press SYRACUSE. N. Y.. Dec. I.—Repeal of the eighteenth amendment means prosperity for the Virgin Islands, according to Mrs. Paul M. Pearson, wife of Governor General Pearson, in Syracuse to see her newly born granddaughter. Mrs. Pearson bases her prediction on pre-prohibition popularity of St. Croix rum, for which one of the Islands is noted. In the Air Northeast wind, 6 miles an hour; temperature, 40; barometric pressure, 30.53 at sea level; general conditions. high, thin broken clouds, thick smoke; ceiling, unlimited; vis- , ibility, one-half mile. The Chemin de Fer du Nord railways has held first place among French trains for speed.

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1 TANARUS?! Bond A- Sharv pfd .. ... 10 ! Thompson. JR V 2 U S Gypsum, com 44 ! 1 Vortex Cup Cos 8 7N 8 1 Vortex Cup Cos A 25' 3 (Walgreen Cos. com ... 17 1 a 1 Ward. Montgomery A' 75 3 4 71 1 2 72'* : Waukesha Motor 25 Zenith Radio 2 U. S. DOLLAR WEAKENS IN FOREIGN EXCHANGE Pound Sterling and Francs Open Steady With Thursday. 1 By United Prrss LONDON. Dec. I—The American dollar opened slightly weaker in the foreign exchange market today. The pound sterling was $5.22 u. It opened yesterday at $5.19 and 1 closed at $5.17. French francs opened at 34 5-16. They opened yesterday at the same price and weakened. CHICAGO CASH GRAIN By United Press CHICAGO Nov, 29.—Cash grain Wheat —No. 2 hard. 86) 3 c. Corn—)oid.. No 2 mixed. 45c: No. 2 yellow, 46946 l c; No 3 yellow. 45 ! 4C: No 6 yellow. 44 944’*c No 2 white, 469' 46 ! *c; No. 3 white 45 scsample grade white. 31®33':C inewi! No 3 mixed. 41 , 2®43 3 *c; No. 4 mixed. 40>2C; No. 5 mixed. 39c: No. 2 yellow, 44*2® 45c; No. 3 yellow. 43944 c; No. 4 yellow. 41 I ®43c: No. 5 yellow. 39'4C No. 2 white. 45c. Oais—No. 1 white 34'2C' No. 2 white. 32**934c: No. 3 white. 3334 C;1 3 4C; ! No. 5 white, 309 30'.• c. Rve—No sales. Barley—4o9 66c. Timothy—ss 50® 6. Clover Seed—3l 9 3.60. Cash Provisions—Lard, $4.85; loose, *4.72. leaf. $4.75. D. S. bellies. $5.50. TOLEDO CASH GRAIN By United Press TOLEDO. Nov. 29.—Grain close: Grain in elevators, transit billing. Wheat—No. 2 red. 87 9 88c. Corn—No. 2 vellow. 49 a 50c. Oats—No 2 white. 35 , 293312 C.7 1 2C. Rve —No. 2. 69® 70c. Track prices. 28* 2C rate. Wheat—No. 1 red. 83'29 84'2C: No, 2 red. 82'2983 ! 2C. Corn —No. 2 vellow 449 46c. No. 3 yellow. 42'2®45c: No. 4 vellow 41 ®42c: No. 5 vellow. 39'2®40'2C Oats— No. 2 white. 33 , 2®34 , 2C: No. 3 white. 32'* ®33'vc. Toledo seed close: Clover—December. $7.90; march. $8 15. Alsike— Cash. $8.50; December. $8.70 INDIANAPOLIS WAGON WHEAT Citv grain elevators are paving 75 cents for No. 2 son rea wneat. utner grades on their merits. Other Livestock BY UNITED PRESS. 1 LAFAYETTE. Dec. I.—Hogs—Market, i steadv to 10 cents lower; 170-225 lbs.. 1 $3.35® 3.40: 225-275 lbs.. $3 259 3.30; 2751325 lbs., $3.1593.20; 140-170 lbs.. $3,109 3.25: 100-140 lbs., 52.509 2.90; roughs. $2.75 down. Top Calves—ss,so9 6. Top Lambs —s6. Bit J'iincs Special LOUISVILLE. Dec. I.—Cattle—Receipts. ! 225; supply light, quality plain, market J slow but steadv on all classes of slaughter cattle: bulk common to medium slaughter steers and heifers, $39 4; best fed lightweights absent and quotable to $5 and above: common to medium beef cows, $29 2.50; low cutters and cutters. sl9 1.75; buik sausage bulls, mainly $2.50 down; common to medium native stockers and feeders, quotable from $29 3; desirable Hereford stock calves, mostly 54.50. Calves —Receipts. 150: market, steadv to strong: bulk better grade vealers. 54.5C9 : medium and lower grades. $3.50 down Hogs—Receipts. 600; market, 5 cents lower; 180-275 lbs., $3.75: 280 lbs. and up. 53.15; 140-175 lbs.. $3.30: 110-135 lbs.. $2 50: 105 lbs. down. $2; sows, $2.45: stags, $1.20. Sheep -Receipts. 75; market, steadv; bulk medium to good iambs. $5.509 6; choice kinds | eligible, higher; most bucks, $4.509 5: . throwouts, $3.50; fat slaughter ewes. sl4/2 1 per hundred weight. Receipts Wednesday I - -Cattle. 187: calves. 194; hogs. 654; sheep, j 35. Shipments Wednesday—Cattle, 119: calves, 108: hogs, 216.

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PAGE 23

MAJOR GRAINS TURN WEAK IN SLOW SESSION Favorable News Fails to Send Wheat, Oats Upward. BY HARMAN W. NICHOLS I'nited Press Staff Correspondent CHICAGO. Dec. I.—Wheat disregarded favorable news and opened lower on the Board of Trade today, off '* to •% cent. Corn displayed independent strength, however, and was to •* cent higher, while oats were disposed to follow wheat and were * to L cent beneath the previous finish. Provisions were steady. Brokers felt liquidation' left grains in a much healthier condition and considered the outlook for the immediate future encouraging. December liquidation practically is out of the way. This is the period when normal conditions call for a buying position and each day of continued floor demand brings the market closer to a better demand. For some time country offerings of corn have been light and prevailing belief was that the winter movement of corn will be comparatively light since many farmers intend to take advantage of the government's loan proposition. Chicago Primary Receipts —Nov. 29 —Bushels—- , Todav. Last week. 'xheat 476 000 420 000 Corn 781 000 1 519 00 Oats BS.OOO 151 000 Chicago Futures Range —Dec. 1— WHEAT— Prev High. Low. 10 00 Close. May 87 3 4 .87 1 s .87% 87 s , July 87 1 * .86 3 4 .87 1 a 87 3 a CORN— May 51 1 2 .51 .51 * 2 .51 July 53 3 a .53 53 3 a .53 OATS— May 35% 35 35% 35% Julv 34% .34% .34% .34% RYE— May .61' 60 . 60% .60% July 63 1 4 .62 .62 1 2 .62% BARLEY— May .45% July ... ... .47% ST. LOTTS CASH GRAIN By T nitrd Press ST. LOUIS. Nov. 29—Cash erain: Wheat—ln good demand 2%c higher No 2 red winter. 87‘,r: hard wheat. !% higher: No. I hard, 86c: No. 2 hard 85%e nominal. Corn—ln good demand unchanged to %c lower on old and ‘2O higher on new: No 2 vellow new 45® 45 %c; No, 4 vellow. new 41* jc. No. i white, 46%c. Oats- In fair demand unchanged to %c higher: No. 3 white. 33® 33 %c.

Active Trading in L% S. Government Securities Municipal Bonds Land Bank Bonds Gravel Road Bonds General Market Securities • Direct Private Wire to Principal Markets Investment Securities Pf ass 8 Hughe! INCORPORATED .Chicago INDIANAPOLIS Ft. Wayn Illinois Bldg. 1 Lincoln 2565