Indianapolis Times, Volume 46, Number 171, Indianapolis, Marion County, 27 November 1934 — Page 13

Trends Monon’s Tax Rate Cut May Be Start of Movement. By VINCENT S. LYONS (IBM Edit*!

ACTING on * request of officials of the Monon Railroad for a 60 per c*nt .slash in the valuation of property, the state board of tax rommisxioners last week approved a reduction of 40 cent in unpaid taxes of carrier since 1932. The railroad has agreed to pay at least 50 per cent of its Novrmb* r 1333. tax r s. which are delinquent by Jan l and the remainder a month later. The company also h • agreed to remit all taxes due in 1934. and the instalment during May. 1935. by the end of next year, thereby leaving only the November, 1935. instalment unpaid by the c.ose of next year. Under the terms of the order, the valuation of the railroad's property for 1932 will be pared from $23,053,93 to $13828.759; for 1933 from $19351 789 to $11511.072. and for 1934 from $lB 143.598 to $10,886,216. a a m Railroads of the country for . the last few years have been complaining of the large tax burden they have to shoulder. That their Jeremiads have not been without some justification is indicated from the fact that of last year's gross operating revenue* of $3,095 448.888, local, state and national tax collectors appropriated $249602.895. On this basis approximately 8 cents of every dollar taken in by the railroads was paid in taxes. The Monn at present is operating under the jurisdiction of the court under the federal bankruptcy act. In appealing for a decrease in valuation the road alleged that a slump in both passenger and freight business had made it impossible for it to meet its obligations. The tax board in granting the reduction voiced the belief that It Is In the interest of all taxpayers in the counties interested that such reassessment be made without any unnecessary delay. Asa result of the Monona good fortune in having its tax rate reduced. the thought arises as to whether other railroads in other communities of the country will institute similar action. In view of the fact that there are quite a few other transportation systems in the same financial condition as the Monon the possibility is not too remote. Appeals for reductions at this time might prove to be particularly inopportune to some municipalities. Quite a few of these local governments are confronted this year with increased outlays for poor relief and unemployment. Consequently. if they should decide to reduce the tax burden of railroads the load undoubtedly would have to be increased somewhere else along the line. a a a I FEDERAL CO-ORDINATOR OP * RAILROADS EASTMAN came out of his first power-testing tussle with the railroads an ephemeral victor. A three-judge federal court upheld his action in refusing to allow the Louisville A: Nashville to divert its Florida traffic from Chicago and eastern Illinois to the Big Four. The court, in upholding the action of the federal co-ordinator, declared that the action should not have been brought to his court. The lulmg added that the plaintiff should have applied to the interstate commerce commission before asking thP court for a review. Thus. It ran be seen that the first move in the controversy proved a dud. Railroad officials involved in the skirmish at present are believed to he weighing the possibilities of bringing the case before the interstate commerce commission or the United States supreme court. The bottle is being watched with keen interest in financial circles and the outcome is awaited eagerly.

FARM EQUIPMENT MEN FORESEE BANNER YEAR Riwt in Farm Income Responsible for Improved Sentiment. By Initrd Prm NEW YORK. Nov. 27 Cheered by the improvement in farm income resulting from higher commodityprices and government crop benefit payments, farm equipment manufacturers expect spring business will be the largest since 1930, a survey by Dun Bradstreet, Inc., said today. Some less conservative manufacturers are expecting a 100 per cent Improvement in the industry next year, while the outlook has been improved further by the fact that rigid economies in production and administration have allowed makers of equipment to hold retail prices of their products near 1933 levels, it was explained. ‘Much obsolete equipment was replaced this fall, reducing nearly tn depletion inventories which many dealers had been holding for years,” the survey said. AIM aTr - CONDITIONING IN PRODUCE SHIPMENTS Indiana Will Send Fruits. Vegetables This Way, Study Declares. By 7imn .<prci' tl PURDUE. Nov. 27.—The introduction of practical air-conditioning into the marketing of fruits and vegetables has been announced by Purdue unversity. "Indiana fruits and vegetables." the annotmcement said, "will go to market m the future in the same way that seasoned travelers ride in air-condmoned Pullman cars if the work being done m the experimental pre-cooling of produce cars by the Purdue agricultural experiment station is adopted by Hoosier growers ' Quicker delivery to the family table and other savings are claimed under the proposal. STOCK VALUES HIGHER By Timfs liprrinl NEW YORK. Nov. 27—The market value of fifty representative stocks listed on the New York Stock Exchange on Nov. 24 was $11,970.724 750. an increase of $403 644.625. or 3 49 per cent, as compared with the preceding week. Paul H. Davis & Cos . members of the stock exchange, declared today. local cash NAun City grain elevator* arv paring 23 cent* tor to. 3 to ft red wheat other grade* on their menu. Cash corn No. S railed U —at a, a&4 o*u U casta.

TRADING PACE I QUIETS DOWN ON BIGBOARD Profit-Taking Develops: Irregularity Brought Into Market. 1 niti ft Pm* NEW YORK, Nov. 27—Trading quieted down on the Stock ExI change today as profit-taking brought irregularity, i Railroad shares were given a bit ; of a whirl in the morning dealings, but the volume of buying in the : group was insufficient to bring back | bullish operations elseyhere. Carriers rose fractionas to more than a point, faatured by Atlantic Coast Line, which reached 33V up 2'.. Strength in the latter was ascribed to increased Florida business. When the rails were rising, the peneral list steadied, but toward noon prices slipped off again and leaders at noon were down fractions to a point. Steel common was at 37',, off %; American Can 106, off ’ 2 ; American Telephone 108%, off l 1 *; Case 53, off %; Chrysler 37 off %; General Motors 32, off •V and Montgomery Ward 29%, off S. A few issues gained against the trend. George Helme made anew high at 138'i, up 3%, but othpr tobaccos were easier. Steels eased with United States Steel. Utilities werp slightly lower on the outlook for a New York City utility tax. Building issues were active and steady.

Treasury Statement

*Bv United Press) WASHINGTON Nov. 27—Government expenses and receipts for the current fiscal sear to Nov. 24. compared with the corresponding period of the previous fiscal year; ThLs Year Last Year. Expenses . *2.803 287 455 09 $1 829 737 533 61 Receipts . 1 431.979 339 07 1.118.908 158 72 Deficit ... 1.371 308 116 02 701 829 374 89 Cash bal . 1.587 135.319 97 1.168.072.374.78

GRAINS ARE NARROW IN EARLY DEALINGS Strength at Liverpool Has Little Effect. By United Pre** CHICAGO. Nov. 27.—With no prominent influence to sway the market one way or the other, grain prices on the Board of Trade held to a narrow price range today. At the start wheat was unchanged to ’s cent higher, corn was cent lower to U cent higher, oats were unchanged to ' cent lower, and rye was up cent. Slight strength was shown at Liverpool at the start, but this had little effect on the market here. Buying of com futures was not as spirited as in other sessions of the last fortnight. (By James E Bennett* 1100 Prev. Wheat— High Low. A M close. Dec .99 98’. 98’ .98 3 * Mav 98’. 9R' .98' .97’j July 92'. 91, ,92'. .91*4 CornDec. 87', .86' 2 .87', 88*. Mav 86 .85*. .86'* .85’, July 83'. 82' 2 .83'a .82*, Oats— Dec. 52 .51' .52 .52 Mav 50 s , 50', .SO', .50 July 46** .45’, A6\ .45*. RyeDec 71', 70S 71 .71*4 Mav 74 .73’, .73', .73*4 Julv 74’i 73', .73*4 74

Stock Studies

With people having more money to spend, together with better pictures. a marked increase in attendance has resulted at our motion picture houses. Loew s, Inc., is a leader in the motion picture and vaudeville field. Asa holding company it controls, through its subsidiaries. the production, distribution and exhibition of pictures. Met-ro-Ooldwvn is its chief production subsidiary. FINANCIAL DATA (As of Aug. 311 Common Stock (no pari 1.464.205 Shares Preferred S'ock iIS.M no pari *l2 920.229 Funded Debt Unci, subs.) 31.098.457 Investments 12.415.288 Profit and Loss Surplus 37.867.062 Cash and Secuirties 12.527.619 Inventories 26.713 802 To'al Current Assets 42.282.192 Current Liabilities 6.975.800 During the fiscal year ended Aug. 31. total funded debt increased about $2.300.000 —an increase in subsidiary bonds and mortgages. Cash and securities were $1,300,000 larger, inv ntories increased more than $4,500,000 while net working capital was $4,800,000 greater. Investments were $1,300,000 less but profit and loss surplus increased nearly $4,000.000. On August 31 the current ratio was about 6 to 1 and the book value of the common stock $40.58 an increase of $2.73 during the year. Loews has always shown good earning power, although common share earnings dropped to $2.15 for the fiscal year ended August 31. 1933. An increase in earnings, however. has brought them up to $4.50 for the 1934 fiscal year. 1 Loew s has always shown a conservative dividend policy. Reduction in common stock dividends brought them to $1 which was paid in 1933 and this year. The strong cash position and the wide margin of earnings would warrant increased dividends. Loew s was incorporated in its present form in 1919 in Delaware. The stock is listed on the New York Stock Exchange. At a current price of around 34 it sells to yield close to 3 per cent. Ail Rights Reserved Winchester Institute of Finance. Winchester. Mass ) BLOCK BUYS ELEVATORS Contract Involving $46,000 Signed With Otis Elevator. A contract for installation of two additional escalators at a cost of approximately $46,000 in the William H. Block and Company store has been closed with the Otis Elevator Company, it was announced today. The new equipment will give the store a total of six elevators and six escalators to carry passengers between the eight floors of the establishment.

Abreast of The Times on Finance

Survey of Current Business Conditions United States Department of Commerce

WEEKLY BUSINESS INDICATORS IEGEnO WCIXLV svtDAGC |'2J-I92SIWCLUSIV£.:OO ,)]1 BUVNCSS activity (NCW YORK TIMCS)4 STEEL IWGOT PRODUCTION CONSTRUCTION^CCSTRACTS^AWAROEO * ,00 ,00 J ,eo '’ ' ' 1 r•' ~. . 1 ' -,L oLSIUII- ■■■■■ AUTOMOBILE PROOUCTION LUMBER PRODUCTION BITUMINOUS COAL PRODUCTION* •ao; 'PO| 100 1 3; . w ||**! , fl I,,:!i: :!:i:!i uil,.i!,n!m i*in !uu 0 1111,. I ill 1111111 IlliilluL 11 ll 11 ll 1111111 li 11 lull EPEIGMT CAR LOADINGS COTTON RECEIPTS ELECTRIC POWER PRODUCTION* 100 *SO| 129 I w —-w 300 -55- "0 ~ * OO 100 1 — ,li " * 40 ? ‘OO ,u , sY ; —; ro ' ~i■ 11111 ,.!i■.1,.n1.ii I,iiinnliill,..liihi o )~^T7rnff^>f?TT^yw^ : TT^frmTm l l l ll ln l l Li.iJ soimlii;luflKiiTtiiliiiil,iu!iiiliiiiliiiliitlim riSMERS WHOLESALE PRiCE INDEX* BONO PRICES* STOCK PRICES* '°° " 40 1 ~, 1 ,. 11 .,.! ■: ■iliii?,i■!n iit. ■! in!. in 60 : 11ii i! 1111 ? 11 .-! 111 ! ■ll ■ l lll l l ■■ll n 11 . i: 11 ■ 1111 n o ii.lnilniJmliiiLxul ;i li nil ml i; i! iu I mi, COMMERCIAL FAILURES* bank DEBITS OUTSIDE NEW YORK CITY* BROKERS'LOANS NEW YORK CITY Z2O ——• Moj ■ j *OO 180 120 I— l 80 £0 In iTI~ TT, ,Tlt n 1 1 n i'i ni ■ 40 EEDERAL RESERVE MEMBER BANK LOANS TIME MONEY RATES* MONEY IN CIRCULATION* 100' I So|“ — —~— 1601 X 90 i 100 ; 140 f\T 70 ! w 0 BflsWi J 100 life'j.v ill!)M L‘ ♦ COMPUTEO normal • 100 A CRAMPS ESTIMATE U. S. -i> CANADA *1926*100 NUMBER * DAILY AVERAGE * 1928 - 1930 * lOC

New York Stocks

(By Thomson & McKinnon* 11 A M. Prev. Oils— High. Low. N. Y. close. Amerada 48'. 48 48'. 48 Atl Rfg 25*. 25*. 25*. 2.->*i Barnsdall 6’, 6’. 6*, 6'. Consol Oil R'2 B*, B*s 8'. a Cont of Del 19 s , 19', 19'2 19*8 Houston *newi . 2*. 2*. 2*4 2's Mid Cont Pet .. 11*. 11*. 11*. 11*. Ohio Oil in', in>2 in', in', Pei Corp 9 9'. 9'. 9* Phillips Pet 15'. 15',. 15'. 15'. Plymouth Oil .. B*. 8 V B*. B*. Pure Oil 7* 7 7*, 7'. Roval Dutch ... 30*8 30*8 30** 30'. I Seaboard Oil .. 26'. 26 26' fl 26*2 Shell Un 6*, 6*. 6*B 6*i Skellev Oil 7’. 7V. 7'. T'* I Soc Vac 14*. 14*8 14*4 14*t SO of Cal 32’2 32*8 32*8 32' z 3O of Ind 24’, 24’. 24'. 24*8 SOOf N J 42*8 42*8 42*, 42*4 Texas Corp 21*. 21 s , 21*. 21* ] Tidewater Assn . 9V. 9 9*i 9 Steels— Am Roll Mills . 20'2 20's 20 1 • 20*8 Beth Steel 31U 30*. 31;. 31 i Bvers A M 19'. 19', 19 8 19't Cruc Steel . .. 23*. 23U 23'. 23 . McKeesport Tin 93*8 93 •* 93 7 * 93*4 Mid Steel 12U 12 12 12. Natl Steel 45', 45*. 45 . 45 s , Otis Steel s't s') s') Rep I & Stl 15 15*8 15*8 lo*b Ren 1 A- Stl pfd 41 41 41 41', U S Pipe & Fdy 21*, 2 2l*, 22 U S Steel 38 37*, 3i') 38 ,s U S Steel pfd . 84 84 84 84 Warren Bros 6’s 6Vs 6* 6 Youngstn S& T 19*, 19*, 19*s 19-8 Motors — Auburn 25'2 25'2 25', 26 Chrysler 38'a 37 5 . 37*. 38’ Gen Motors .... 32U 31Ts 32 32 a Hudson 11*, 11 11 a li; 2 MacE Truck '.’.'." 26*: 26*1 26*4 27*8 Nash 16 15*. 16 16 Packard 4', 4 4 4 Reo 2', 2'i 2 2 2'2 Studebaker .... 2', 2 2', 2 Yellow Truck 3 s , 3 s , 3 s s 3*s Motor Access— Bendix 16 s , 16'. 16’2 1614 Bohn Alum .... 59 58', 58>2 60 Borg Warner .. 28*r 27* 4 28 1 28, Briggs 23 s , 23'4 23' 4 23*8 Budri Mfg s*. 5*4 5*4 3*4 Budd Wheel 3 ! 2 3*a 3*2 3-a Eaton Mtg .... 18' 18 18 18. I Elec Auto Lite... 27'i 2' 2 27 4 2i 4 i Elec Stor Bat.. 46’. 46'. 46 . 46 j Houdaille (A).. 6V, 6' 8 6s 6. 1 Murray Body ... 6* 6*. 6 a 6 s Slew Warner .. 9 B*. 9 9 Timken Roll • 34 s , 34'. 34 s , 3d Timken Det Axle 7 6 s 7 ‘

Minins — Alaska Jun 17' 17'* 17's 17 Amer Metals 14 13 3 4 13 3 v 14 a Amer Smelt 36‘, 35 3 * 36 36 Anaconda ... 114* 11 11 ll Cerro de Pasco 38 '* 38 1 * 3§;! Dome Mines 35 s * 35 35-4 35- 4 Granbv 7'i 7 7*4 74* Gt Nor Ore ■. 11’* 11 * U' 11'* Homestake Min. 370 3<o 370 360 Int Nickel ... 24 23 3 * 23*4 23 1 * Isl Creek Coal .. 29‘, 29>* 29 * 29; Kennecott Cop 17*2 17'* 17*4 1' a Mclntvre Mine.. 40* 40 3 * 40’* 41 Park tJtah 3** 3 4 3'* 3', Noranda Cop —32 s * 32'2 32 * 33 4 Phelps Dodge .. 14’a 14U 14 a Hi St Joe Lead 16’ 16 ,}!*!* .}§ U S Smelters ...117 s 4 lli 3 * lli 3 * l}jj Vanadium 19'.a 19 19 19 Amuseements— Fox Theat 13 3 * 13 13 s * 13*2 Loews Inc 34’* 34;* 34 7 * 3a Radio Corp .... 6 5 7 * 6 6 RKO I l * 1> 1!* 2 Warner Bros ... 4 , 8 4'* 4’* 4 * Tobaccos — Am Snuff 68'2 68'a 68'.s ... Am Tobacco A" 85*4 85‘4 85 Bs'a Am Tobacco "B" 88 87*4 87'* 88‘2 Gen Cigars 57 57 57 57 Lig * Mvers B’ 110*2 110 110 110 Lonllard 19 3 19'* 19'* 19* Phillip Morris 38*4 38 3 4 38 3 4 38*4 Reynolds Tob B' 5, 5051 51 Ralls— Atchison 55 54*4 55 55 Atl Coast Lines .33 ‘4 31* 33' 31 j B A; O 15*2 15 15 3 15'* Can Pacific 11'* 11 'a 11 s * 11_* Ch A- Ohio 44*4 44 3 a 44 3 4 44** CM* St P pfd 4*4 4** 4 3 4 1 Chi N W 5*4 5' 2 s*t 5 * Chi N W pfd ... 11 11 11 11 * Del* A- Hud 41*4 40 1 2 41', 40>a Del Lac At W ... 19*4 19 19*4 19 FVie 13 12' 2 13 12 2 Erie pfd ..... 16*4 18' 16*4 l?, 2 Grt Nor pfd ... 16 3 * 15 1 * 16'* 15 s * 111 Central I' 7 * 17*4 17's 1J 1 * Lehigh Valley.. II 7 * 11 11’* 111* Lou A Nash ... 44', 44 44'* 43 M K A- T ... 6 3 * 6H 6'* 6*4 MKA- T pfd . 14 7 * 14 ! a 14 s -14 '2 Mo Pac 2 2 2 2 Mo Pac pfd 3* 33 * * 3 N Y Oent . 22'_• 21 3 4 22'* 22'* N Y New Haven . 8 7 '2 8 * 8 4 N Y Ont A West 5' 2 5' 2 5* 2 a;* Nor Pacific —. 20 3 4 19'* 20 3 * 12’* Penn R R .... 23 7 , 23*a 23;* 23 2 Sou Pac 18 3 4 18'* 18'a 18'2 Sou R R I' 3 * 16** 17 ' 4 I]' Union Pac 107 105'2-107 106 West Maryland.. 9 3 * 9 1 ** 9 9 a Equipments— Am Brake Shoe 26 26 26 26‘a Am Car A- Fdy.. 17** 17* 17'. 17'. Amer Loco - 18 s * 18 '2 18* 2 19 Am Steei 17 s * 16 3 16-* 17 1 2 Bald Loco 6 s * 6*4 6 '4 6*4 Gen Am TkC ar3377 7 17 5 *3377 7 37'a Gen Eire ... 20'* 19 7 , 20 20', Gen R R Sig .. 28 '4 28 4 28'.4 28*4 Pullman Inc ... 50 49' 2 49 ■* 50 West Air Br .. 27'* 26', 26 5 , 26*, Westingh Elec .33 3 34• 3a- 3a* utilities— Am A For Pwr . ss*5 s * s’* 5 V * 5 s * Am Pwr A Lit 4** 4'* 4 1 -* 4' 2 A T A T . 108 '4 107 1 * 108 109'* Am Wat Wks .. 15'* 15 15 15'* Col *Gs A Elec . 8 * Bl*8 l * B’* 8 1 . Onn A Sou ... i'* I'* I** 1' Consol aGs .. 24** 24'* 24 3 * 25** Elec Pwr A Lit .. 3'a 3‘a 3’2 3 s * Int Hvdro Elec 33 3 Interboro R T 14’* 14 14 14‘* Int T A T 9’ 2 9 s * 9 3 * 9 s * Lou G A E A' 14'a 14‘a 14'a 14_ 1 Nat Pwr A Lit 7 3 * 7 s * 7 5 7 7 North Amer .. 13' 13 13 12* Pac G A E . 15*2 15 la 15** Pub Serv N J 30's 29'a 30*2333,0 3 , So Cal Edison .. 13 12 s * 12 s * 13‘* Std Gas ... 6 3 * 6'a 6 V 6* Stone A Web . 5 3 * ss,5 s , 5 3 * s s * United Corn ... 3 s * 3 * 3 * 3 3 . Lfn Gas Imp 13N 13* 13'* 13-S Ut Pwr A Lt 'A' 2'* 2'. 2*, 2‘ Wr'est-*rn Union . 34 s * 34 34 3a Rushers— Firestone 17'* 16 7 16 T * 17 Goodrich 11 * • 10 7 10 7 * ll' Goodvear 25', 24'a 24'a .5 Kelly Spring -. l*i I** If* 1! 2 U S Rubber lS'a 16'2 16‘a 16 * U S Rubber pfd 36 7 * 38 :* 38 7 s 38 Miscellaneous— Allis Ch*lmers 15 s * 15'* 15'a IS 3 * Am Can 106 s , 104'a 104 106 2 Am Mach A Fdv 20 19 s , 19 7 , 20 Anchor Cap 19 19 19 If* Brklvn Man Tr 41 40' 41_ 40’, Burroughs Add . 15 7 * 15 s * 15-, 15, j I Case 53’j 53 53 53 s . Conti Can 64 '2 63 s * 64 64 2 Caterpillar Tract 33 1 * 33 33 32^2 Crown Cork . .. 21*2 21 21 20*, Curtl* Pub 21'a 21 21 20*, Cum* Pub Did 87 >2 87'j B<'* 8 • Deere A Cos 235* 22*4 23', 23 s , Eastman Kodak 116 116 116 116 a Gillette 1' 13 s * 13\ 14'. Glidden 27‘a 27', 27'a 2.’. Inter Harv .... 38 a 38 38337,8 7 , NaU CasH R*i .. 17U 11 II 17

INDIANAPOLIS, TUESDAY, XOYEMBER 27, 1934

Owens Bottle .. 85'2 85 ! 2 85'2 87*4 Rem Rand . ... 11 10 5 s 10 s s 10*8 Underwood E .. 55V* 54 7 s 55 55'/2 Foods— Am Sugar 62*. 62 62*. 61 7 a Armour Com . 6' 8 6 6Vb 6)e Armour 6 n r pfd 70‘2 70'. 70*2 70'2 Beatrice Cream- 18' 4 18‘. 18'4 18*/b Borden Prod 25'2 25'2 25'2 25'2 Cal Packing ....33 7 , 37',337,7 7 ,38 7 , Corn Prod 69* 8 69*a 69*s 69'2 Crm of Wheat 34*4 34 5 s 34 5 , 34 s , Cuban Am Sugar s'a s' a s', s'/, Gen Foods 34 7 s 34*, 34*. 34*4 Gold Dust 17*4 17*8 17*2 17*4 G W Sugar 28 27* 27 7 , 27 s , Int Salt 30'2 30'2 30*2 30 Loose Wiles .... 36*4 36' 2 36*2 36 s , Natl Biscuit 30 1 2 29 7 s 30 30‘2 Natl D Prod . .. 17*a 17', 17*4 17*2 Purity Bak .9 9 9 B*4 S Porto Rico Sug 24*4 24'4 24'4 24'2 Std Brands .... 19*a 19'4 19*4 19*a Un Biscuit 25 < 4 25 25 24*4 United Fruit ... 72 71*4 71*i 72t>8 Retail Stores— Best & Cos 39Vi 39',i 39Vi 40 First Natl Stores 65'2 65 65 65*, Gimbel Bros ... 4', 4*s 4*, 4',2 Gr Un Tea .. s') 5 5*4 5 Hahn Dept Sts. . 5 7 , 5 7 8 5 7 , 5 7 ', Kresge S S 21'4 20 7 , 20*, 21 U Kroger Groc .... 29'2 29V. 29' 2 29*4 Macy R H 48*a 48 48*s 48 7 a McCrory St. .... 7*B 7'i 7 ] 2 7'2 McLellan St .... 12* 12. 12' a 12' 2 Marshall Field.. 12 s , 12*a 12*, 12*4 Mav Dept St .... 44*a 44 1 2 44' 2 44 7 , Mont Ward 29 7 , 29'2 29 s , 30'a Penney JC . 68 1 , 68*4 68* 8 68*4 Safeway St ... 47*4 47*4 47* 47* s Sears Roebuck... 42 1 , 41*2 41 7 s 42 Woolworth 55'. 54 7 i 55 55 Aviation— Aviation Corp... 4% 4'. 4 7 4 4*, Boeing Aircft, ... 9*. 9*2 9\ 9*. Curtiss Wright.. 2*. 2*. 2*4 2 7 8 Curtiss Wright A B*, B*, B*, 8"a Douglas Air .... 22’. 21 7 s 22'. 22* Nor Am Av 3*4 3*4 3*' 4 3*4 Speerv Corp • • B*4 . . • B*. United Airc ft N Ills 11 s , llTi 12 Chemicals— Air Reduction... 112' 2 Ill's* 112' i 113 Allied Chem ...135*4 135 U 135'2 135*i Am Com Alcohol 32*4 31*4 32'. 32V Col Carbon 74 73*. 73*/. 74 U Com Solvents ... 22 21 > 2 21'2 21*. Du Pont 99 5 s 99 99 100 Freeport Tex.... 27 7 g 27*. 27*. 27® Liquid Carb 2323 Vi 23*. 23'. Math Alkali ... 29'. 29 29 29 Monsanto Chem. 61 61 61 60'2 Natl Dis (new*. 26 25*8 25*. 26',a Schenlev Dis* . 27*. 27' 2 27*2 28 Tex Gulf Sulph 38 3,Vj 35', 35*4 Union Carbide . 45 7 8 45'. 45Vi 45 7 a U S Indus Alco 43'* 43Vi 43'. 42'2 Drugs— Bristol Myers ... 34 33 7 8 34 34 Coty Inc 5 5 5 5 Lambert 28', 28'a 28's 27*. Sterling Prod 60'2 6C2 BO 1 , 60 Un Drug inew) 12 3 a 12*a 12*a 12',2 Financial— Adams Exp .. 7% 7*s 7 s i 7 s b Allegheny Corp . I s , ,s s I ’s l** Am Int Corp .. 6*. 6*. 6 3 4 6 3 4 Chesa Cor . 39‘2 39 u 3j 2 4<l Lehman Corp 70 3 s 70 70 70 Transamer'ea <"1 c c _'s Tr Conti Corp . 3% 3 7 /s 3Zs 37, Building— Am Radiator .• . 16'4 U. 16 16‘, Holland Furnace B*2 “'2 8 2 8 3 , Int Cement .. 27 1 2 27 3 , Johns Manville 57*8 56 3 . 56'r 56', Libby Owens Gls 29' 2 29’ 8 29' 8 29'2 Otis Elev ... 15 15 15 Id U S Gypsum .. 51 50'.2 50% 50 2 Ulen Cons 2 2 - 2‘,a Household— Col Pal Peet .. 17 16 3 . 16> 17 Coneoleum 3.V'a 34 s , 34 7 a 35't Kelvinator ... • 16 3 . 16'2 16*. 16 3 . Proc & Gamble 43 7 s 43 s , 43 7 s 44',2 Servel Inc ... 7'a 7 7 7. Simmons Bed .. 11’ 2 HVs 11V. ll I ,* Textiles— Amer Woolen ... 9 9. 9 9‘. Belding Hem ... 1212 s , 12 s , 12 s a Celanese Coro ..33 3 . 30' 4 30*a 30 3 Collins Aikman . 15 7 r 14' 2 14 3 4 15'r Gotham Hose 5 3 r 5% o , o 3 Indus Ravon ... 26' 2 26'; 26' 2 26* Kavser Julius .. 17 3 8 17 17 3 s 17

Chicago Stocks

(Bv Abbott. Proctor & Painei 11:00 Prev. A M close. Bendix I®! 2 Borg Warner 28*. 28'2 Butler Bros B' 4 8% Chicago Corp 2 3 , 2% Crane Cos Bs,8 s , 8 . Com and Edison 46 45 Cord Corp ■ • 8 2 3 s a Brown Renee & Wire A 13 Chicago Mall 14\ Grt Lakes Dredge 17*4 18 Marshall Fields 12' . 12* 2 Iron Fireman 18'2 18% Kingsbury Brew 2 Libby McNeil 6’. 6% Natl Stand 26'. Noblltt Sparks 14'. 14*. Pub Servos 111 12*. 12', Swift Cos I? 3 . 19 Swift Inter Walgreen 27% 28%

New York Curb

ißv Abbott. Proctor & Painei 12 iNoon* Prev. N. Y close_ Amer Cvanide 17 17 Amer Superpower l'a l'a Atlas Corp 8% 9 Distillers Corp 17 7 , El Bond and Share 9 1 , Hiram Walker 28;* 29 Humble Oil 44 44 Lake Shore Min 50'2 51'a Natl Bellas Hess 2 7 s 2 7 Sal Creek Products s' 6> 2 Std of Kv .. 17’ 2 17 PRODUCTION INDEX UP November Figure Put 2.8 Points Above October Record. By Trmrs Bprrinl NEW YORK. Nov. 27.— Marking its second month of increase, the Standard Statistics Company industrial production index for November is tentatively computed at 59.8, compared with 57 for October and 59 1 for November. 1933. The upturn since September now amounts to 6.2 per cent, whereas production declined 9.6 per cent during the similar period a year ago. •'This incipient revival differs from others in the past few years in that goods are not being sold under the threat of sharply higher prices but rather, to satisfy current needs/' the company says.

PORKERS SHOW UNEVENTREND Extremely Heavies Mostly 25 Cents Higher; Light Grades Weak. An uneven trading range featured initial dealings in the pork market at the local stockyards today. Hogs scaling 160 pounds and upward were steady to mostly 20 cents higher, while extremely light kinds showed a drop of 25 cents under yesterday's average. Few exceptional classes of heavyweights displayed an increase of approximately 25 cents. Receipts were estimated at 9,000, same as yesterday's figures. The bulk of 160 to 190 pounds brought $4.90 to $5.15. In the heavyweight division, porkers scaling 190 to 200 pounds were selling at $5.25 to $5.50, while 220 to 260-pounders sold at $5.60 to $5.80. Extreme weights grades, ranging from 260 to 300 pounds, cashed in at $5.80 to $5.85. Others weighing 300 pounds and upward held at $5.55 to $5.75. Top price was $5.90. Small slaughter classes, ranging from 140 to 160 pounds, were salable at $4 to $4.25, while 120 to 140pounders were reported selling at $3 to $3.75. Lightest grades available, 100 to 120 pounds, brought $2.25 to $2.75. Packing sows held at $5 to $5.50. Holdovers numbered 274. Early trading turned active in the cattle market on slaughter classes of steers and the undertone was strong. Best steers were salable above $8.50. No sales were reported on other grades. Receipts were 1.200. Veals were steady at $6.50 down. Receipts were 600. Following a sharp upturn yester- ! day, lamb values settled down to a steady range. Bulk of natives and fed western lambs sold at $7. Heavy grades ranged from $5.50 to $6.50. while throwouts were salable at $4 to $5.50. Receipts were 3,000. HOGS Nov. Bulk Top Receipts 21. $5.05® 5.35 $5.80 7.000 22. 5.20® 5.50 5.90 8.000 23. 5.00® 5.30 5.80 14,000 24. 5.00® 5.30 28. 4.90® 5 20 5.70 9,000 27. 5.25® 5.50 5.90 9.000 il4o-160i Good and choice .. $4 00® 475 ilfiO-180> Good and cilice ■ ■ 4.90® 5.15 ilßo-200i Good and choice 5 15® 5.40 1200-2201 Good and choice .... 5.40®' 5.60 (220-250* Good and choice 5.60® 5.85 1250-3001 Good and choice 5.75® 5 90 1275-300) Good 5.65® 5.85 Packing sows: *275-350* Good 5 25® 5.50 <350-425* Good 5.10® 5.35 (450-550* Medium 5.00® 5.25 *275-550* Medium 4.75® 5.10 (100-130* Slaughter pigs good and choice 2.25® 3.25 CATTLE —Receipts. 1.200 —Steers—-(sso-900) Choice $7.00® 800 Good 6.00® 7.50 Medium 4 00® 5.00 Common 2.50® 4.00 1900-MOO* Choice 7.75® 8.75 Good 6 25® 7.75 Medium .... 4.25® 6 25 Common 3.00® 4.25 (1.100-1,300) Choice 8 50® 9.75 Good 6.25® 8.50 Medium 4.50® 6.25 (1.300-1.500) Choice 8.75® 9.75 Good 6.50® 8.75 —Heifers—-*sso-750* Choice 6 50® 700 Good 5.00® 6.50 Common and medium 2.50® 5.00 (750-900, Good and choice 5.25® 7.50 Common and medium 2.50® 5 25 —Cows— Good 3 00® 2 25 Common and medium 2 25® 3 00 Low cutter and cutter 1 25® 2.25 Bulls—(Yearlings Excluded) Good 2 85® 3.50 j Common and medium 1.75® 2.85 VEALERS —Receipts. 600— Good and choice $5 50® 650 Medium ■ 3 75® 5.50 Cull and common 2 00® 3.75 —Calves—-,2so-500* Good and choice .. 4 75® 5.50: Common and medium 2.50® 4.75 —Feeder and Stocker Cattle——Steers— ,soo-800* Good and choice .... 4 00® 5 00' Common and medium ... 2 50® 400 ,800-1.050* Good and choice .. 4 00® 525 Common and medium 2 75® 4.00 Good and choice 3 00® 425 Common and medium 2 50® 3 00 —Cows— Good ... 2 50 ® 3 00 Common and medium 2.00® 2 50 SHEEP AND LAMBS —Receipts. 3,000 — Lambs. 90-ibs. down, good and choice $6 50® 7 00 iCommon and medium .. 4 50® 650 90-120 lbs., good and choice .. 2.00® 2 50 Sheep—-*l2o-150i Good and choice... 1.75® 2 25 All weights common and medium 1 25® 2.00 FREIGHT CARS READY By Time* Special CHICAGO, Nov. 27.—Class 1 railroads in the United States on Oct. 31 reported 327.569 surplus freight cars in good repair and immediately available for service, an increase of 7,869 cars since Oct. 14, it was reported.

AID FDR IDLE HELD NATION'S MAIN PROBLEM Relief May Play Part in Roosevelt’s Control of Congress. By Time* Special NEW YORK. Nov. 27.—Industrial employment now is 10,000.000 strong, and affects 20,000.000 people and 4,500,000 families, Clarence W. Fackler, assistant professor of economics at New York university, declared today. By its persistent stay, unemployment has long since commenced to undermine the nation's financial economic and political security, he adds. "To such an pxtent is this the case,” Mr. Fackler says, "that the unemployment relief problem today is complicated by the difficulty of balancing the federal budget and by the possibility of too rapidly rising prices. Due to its own incompetency it has become the father of fantastical Utopian schemes of social reform and of a steadily growing, permanently unemployable class. Involves Two Billions "Furthermore, insofar as it is made accessible to the constituents of loyal congressmen next year, federal relief may play no small part in the President's control of any extremely radical element in the sev-enty-fourth congress. "State and federal relief, being the principal god-parents of the needy, now share about 25 and 75 per cent, respectively, of the annual burden, appropriating two billion dollars. Largely under state supervision, this relief is distributed through local agencies by outright almsgiving, and by payments to upwards of four million workers employed on controversial makework tasks. "No one expected that the fall elections would furnish a plan for the re-employment of an additional four and one-half million men in 1935, which is 'absolutely necessary if recovery is to continue its modest comeback. However, the results of the elections hav£ been interpreted as a popular expression of the hope that the President, as a social mathematician, will offer reasonable solutions for all social problems at an early date. Os course, the solution of the relief problem will probably remain a hidden quantity until he returns from his southern trip in early December to give another ‘fireside talk.” Outlay Seen Smaller "The administration would commit no great error by directing an expansion of industrial production by private enterprise, guaranteeing to purchase any part of some previously calculated normal demand, which, is not sold. Cohceivably, its outlay would be smaller than present expenditures for direct relief. In any case, fewer social and political complications would appear. “This or some other relief program must soon prevent the further acceptance of such J ridiculous schemes as the Sinclair-Lohg-Town-send proposals, and the multiplying of the country’s ‘flop-houses,’ where men decay both mentally and physically. Some program must sayi ‘Unemployment, here’s your Hat!’”

POLICY CLARIFICATION HELD BUSINESS NEED Administration Attitude on Problems Urged by Bardo. By t nited Pre** NEW YORK, Nov. 27.—Although the administration’s new approach to national problems has improved business sentiment, a clearer enunciation of governmental principles is needed, C. L. Bardo, president of the National Association of Manufacturers, said today. He urged that the administration set forth definitely its attitude toward the future relationship of government and industry so that the. congress of American industry to be held Dec. 5 and 6 under auspices of the association, can make adequate plans for co-operation in the recovery movement. “Confidence is the most important factor to be considered in any effort to chart the future trend of American business,” Mr. Bardo said. CHICAGO TRADE GAINS Opening of Christmas Buying Season a Major Factor. By United Pre*B CHICAGO. Nov. 27.—A decided improvement, following the first three days of the week, was registered in Chicago retail trade during last week, according to the Chicago Association of Commerce. The trade, however, ended the week at the best levels in recent months, with the opening of the Christmas buying season a major factor. Mail order houses also reported a good demand, with the majority stocking up the holidays.

Other Livestock

ißv United Press* FT. WAYNE Nov. 27.—Hogs—Market. !0c higher to 10c lower: 250-300 lbs . $5 70; 225-250 lbs $5.50. 200-225 lbs. $5 30: 180200 lbs $5 10. 100-180 lbs. $4 85: 300-360 lb, $5 35 1 50-160 lbs . $4 10: 140-150 lbs $4 130-140 lbs.. $3.5. 120-130 lbs. $3 100120 lbs $2 50: roughs. $5; stags. $3. Calves. $6 50; lambs. $6.50. LAFAYETTE. Nov. 27.—Hogs—Market, 10*j25c higher, pigs steady; 260-300 lbs. $5 85<d: 230-260 lbs.. $5 .55b 5 70; 210-230 lbs $5.35b 545 190-210 lbs $5 10b 525 170-190 lbs . $4 80b 5; 160-170 lbs.. $4 70 pigs $4 25 down. Calves. $5 50 down; Caives. $5.50 down; lambs, $6 down. (By Times Speciali LOUISVILLE Nov. 27.—Cattle—Receipts. 225; supply light; c,ualitv plain: market generally steadv. bulk steers and heifers salable. $3 254/ 450 better finished offerings quo-able. $6 and above, bulk beef cows. $2,254*2.75: practical top $3: Jowcurters and cut'er cows. sl</2 sausag* bulls mostlv $2 75 down: sfockers and feeders scarce and unchanged. Calves. 175: market steadv to $1 higher most advance on better grades, bulk good vealers. $54*5 50 choice. $64*6.50: medium ana lower grades. $4 50 down Hogs — Market. 700; market uneven weights from 200 lbs. up and sows. 10c higher; 180-195-lb, weights steadv: lighter weights 15c lower, •op and bulk 200-300 lbs $5 75: 180-195 lbs $5.25; 305 lbs up $5 30. 180-175 lb* *4 45. 140-155 lbs . $3 95 120-135 lbs $3 25 sows. $4 40 Sheep—Market. 250; berter grade lambs around 25c higher: others steadv; bulk medium to good lambs. $5.75 7 6 25; choice fed lambs auotable. *8.504* 6.75: most bucks. $4,751*5 25; common Uuowouu. 13.50, better fat ewes. 1.50&2.

RELEASES REPORT

—

Dr. Robert M. Hutchins

The report of the commission of inquiry into national policy in international economic relations was announced by Dr. Robert M. Hutchins, president of the University of Chicago and chairman of the commission.

Wall Street

-BY RALPH HFNDFKSHOT-

Times Special Writer NEW YORK, Nov. 27—Your correspondent, along with a great many others, was rather doubtful about the success of the government's better housing program when it first was proposed. The high price of building material and the relatively high wages demanded in the building industry

were thought to be very difficult hurdles to get over. And the fear of the general public to borrow money at this time was considered an additional handicap. But Ward M. Canaday, one of the promoters of the program, says it is going over with a bang. He told members of

the Financial Advertisers Association at a luncheon here recently that he figured it would prove the most effective step the government has taken to lick the depression. And he cited a number of impressive facts and figures to back up his contention. One of the guests at the luncheon, an out-of-towner, said in an aside that he was not at all surprised at the success with which the program is meeting. He maintained in all seriousness that the pyramids in Egypt had been built to stimulate business and that Nero had burned Rome for the same purpose. The fiddling, he explained, was merely an expression of confidence that the rebuilding of the city would help trade. nan ASIDE from Mr. Canaday’s speech, which was a very encouraging one, your correspondent was impressed by the practical methods used by the government in putting over its program. Its representative made a sales talk that would have been hard to beat, and the bank representatives present, of which there were many, were very much impressed with the desirability of co-operating to the fullest.

He made no appeal to these ; bankers on the basis of charity. 1 He merely urged them to get on , the band wagon for their own good. He had no doubt that the program would be a success, with or without their help. About 1.100 corporations. he said, had offered to cooperate, many of them taking part I in a promotional way through ad- ! vertising and direct salesmanship. The United States Steel Corpora- | tion, according to Mr. Canaday, | originally had planned to spend about $18,000,000 during the coming | year on improvements and betterments, but now has set aside an- ! other $20,000,000 for that purpose. The Ford Motor Company also plans extensive expenditures on its ; plants, he said. | Although the housing program has been under way only about six weeks, the government representative said that about $100,000,000 of new business has been created, and in many communities there is alreaoy a shortage of workers. He predicted a slight slowup this winter, but said that next spring woulfl find this work going ahead with renewed energy. u a a ONE of the strange things Mr. Canaday had to say was that the difficulties the government was encountering had to do chiefly with ‘ gettting people to look over their houses with a view to remodeling or making repairs and improvements rather than in finding the money with which to do the jobs after they had been decided upon. Os the $100,000,000 of business now under way, he estimated that about $31,000,000 will go to the lumber people; $25,000,000 to the paint companies; $11,500,000 to the heating equipment concerns; $15.00.000 to the plumbing contractors; $10,000,000 to the roofing makers; $4,500,000 for cement and $3,000,000 for electrical equipment work. As he explained, however, the workers who are paid for the construction jobs will, in turn, spend the money for automobiles, shoes, i food and many other products, so that in the end all will be benefited.

CANADIAN TRADE UP Conditions Better Than Year Ago, Bank Declares in Review. By Time Special MONTREAL, Nov. 27—“ Trade in Canada has continued its upward trend during the last month, and the winter season opens with conditions generally distinctly better than a year ago,” the Bank of Montreal declares in its current business summary. "A review of the first ten months of the present year,” the bank continues. “shows that of some fifty business indices available forty-five show gains, the majority of a pronounced character. The Dominion bureau of statistics index of the physical volume of business, which well sums up the whole, has advanced 21.4 per cent.”

Latest Stock, Bond and Commodity Quotations

RAILROAD ACT CHANGES SEEN BY EXECUTIVES Modification Is Viewed as Necessary to Insure Economy Program. By Time* Sprrinl NEW YORK. Nov. 27—Railroad ; managements rapidly are becoming ! disillusioned about the effectiveness of the economy features of the emergency railroad act. Although officials do not "dare" allow themselves to be quoted because of political considerations, a survey mada today reveals that many leading executives believe drastic modifleaj tion of the act Is necessary If the ! large economies potential in coordination of services are to be | made. "Every where we turn,” said one prominent official, “we ran our heads against Sec. 78.” This section reads: “The number of employes in the service of a rar- | rier shall not be reduced by reason of any action taken below the number as shown by the pay rolls of ! employes in service during the month of May, 1933.” Can’t Be Done, They Say "Now they expect us to accomplish large savings by co-ordination of our facilities, but how in the world can we do that without affecting adversely the number of employes?” j said the official. "In other words, ' if it took 100 men to take care of | one section of track and another 100 men to take carp of another competirg section, where would the j saving in elimination of thus duplication come from except by the discharge of labor? "We re not hard-hearted about the flr ng of men. We realize that, if there is to be effective co-ordina-tion, the discharged men will have to be taken care of by pension or some form of compensation.” he continued. ‘‘Yet, no mater whether we're wililng to set up a pension fund, we would not, under the present ’aw, be allowed to reduce our working force below the May, 1933, level.” The railroads are unable to make any real savings at moment in the purchase of materials and supplies. During the present year, the cost of materials has risen greatly compared with 1933. It is estimated that total purchases this year will be almost twice as large. Co-operative Buying Near A plan for co-operative buying by the railroads of materials is now under consideration by the regional co-ordinating committee. This will be difficult to effect, it was said, because of contractual arrangements now existing in many cases. The co-ordinating committee have been able to effect many minor economies. The major savings which would come from elimination of duplicate services and facilities have been impossible of accomplishment because of the labor provisions of the emergency act as well as the inability of the railroads to agree on consolidations that might disrupt traffic alignments. Railroad executives recognize that actual corporate consolidation accomplished outside the purview of the emergency act is the logical method of making operating economies. The low prices of railroad securities and the present collapsed state of railroad credit preclude, however, such consolidations at this time. ITALIAN LOAN ALL SOLD By United I’ren* ROME, Nov. 27—Official results today showed the 4 per cent loan of 2.000.000.000 lire <$170,600,000) floated by the treasury last Thursday was heavily oversubscribed. Subscriptionus totaling 3,895.994.000 lire < $329,328,288) were received from 555.078 persons, it was officially reported. *

Hendcrshol

On Commission How

Quotations Delow are average wholesale l prices Being offered to Buyers bv local j commission dealers. FRUITS —Cranoerries. cape Cod. early blacks 25-lb. box. $4.25. Wisconsin Antiprs. 25-lb box. $4 Grapes. California Emperors, 27-lb. box, $2 25. Persimmons, Indiana. 12 pts.. 90c. Avacados. box. $1 35. Quinces, nu.shel. $3. Banan&s. pound. 4*.c. Apples, maiden blush. $1.50; Indiana Jona’hans, $1 85. grimes golden. Si 35®1 75. Melons, California honey dews, $2 75. Lemons, sunkist. 3605, $5 50: red ball. 3605. $5. Grapefruit, Texas, seedless, $3 25, Limes. Mexican, per carlon, 12s. 25c; Rvram. seedless, per hundred 13 Strawberries. 12 box rra'e $2 25® 2.50 California j rhubarb, $1 50 a box Pineapples, crate, 1 $5.50®6. Pears, home grown Kl*fer, bushel, 75c Oregan D anjo. box. *3 50. VEGETABLES —Canbage. Nonnern Danl tsh. 50-lb bag 65c: red pound, 3c. Onions. Idaho, sweet Spanish, large 50-lb.. $1 40 Michigan yellow med.. 10-lb bag, i 23c: western white 50-lb bag. $1 85; Michigan yellow $125 Potatoes. Green Moun- ! tains, 100-lb bag. $1.50. northern round | white. 100-lb bag 11 Ohlos. 100-lb. oag. $1.75: Idaho Russets. 100-ib. bag. $2. Sweet ! potatoes Indiana Jersvs bushei*. $1.85; I Tennessee Nancv Hails bushel, $1.40. Beans, flat stringless. hamper. $2,50. isl 75 Celery. Michigan, medium, dozen, 50c; Jumbo, dozen. 75c; hearts: bunch, $1; I Cucumbers, doz . 90c; southern, bushei. s♦. t dive dozen. 45c. Egg plant, dozen, $1.50. Kale home-grown, bushel 50c. Lettuce hothouse. 15-lb basket 60c Icebergh head lettuce, $4 75 Mangos Florida. e r te. S3 50 Mint bunch, 15e. Parsley, dozen, 35c. Peas, hampers. $3 75® 425 Bpinach, home-grown, broadleaf bushel. 60c Radishes dozen. 50c Tomatoes, hothouse. 8lb. basket $135. Turnips home-grown, dozen. 25c Pumpkins, dozen. $1 Miscellaneous—Tcocoanuts Jamaica. 25 for 1 50 Oysters, standards, gallon. $1 50; seiec's gallon $1.90 Cliesnuts, Italian, a pound. 12%c Sarghum molasses, gallon. 85c. Black walnuts 50-ib bag sl. Cidr 4 gallons to case 2 Half-gallons, 5 to rase $1 75; quarts 12 to case. $1 90. All quotations subject to change, up or down FRUITS AND VEGETABLES ißv United Press* CHICAGO. NOV 27 -Appies— Michigan Mclntosh. 2%-inch. bushel. sl7s® 3; Jonathans. $1 50® 175. Lettuee-Caii-fornia. crates s3®4 Bwet potatoesTennessee, bushels sl®l2o Ctlery—Mtchigan. square cra'es 40c® sl. Cau,i-flower-Oregon, crates. 11® 133 Bpinacn Missouri oushels. 50® 5.5 c Cranberries Massachuse’ts ’ barrels. $3 50® 4 25; Wisconsin $3 50® 385 Carrots— Illinois, bushels 40® 50c Beans—Florida, bushels, sl2s® 2 Cabbage—Wisconsin and Illinois, crates. 40® 85c.

Hroduce Markets

Delivered in Indianapolis prices. Heavy hens. 11c: Leghorn hens, 7c colored springers. 12c, old roos'ers. 6c ducks, 7C. geese, 6c; young guineas. 20c; old guineas. 15c Turkevs-N" 1 young hens. I -os. and over. 14c v*%r.g toms. 14 lbs. and over. 14c young roms. 11-14 lbs . 12c. No. 2 crooked breasts and thin turkeys. Sc. old toms all weights, lie; No l J trl £li v fresh country run eggs .osg off. aac. Each full case must weigh 55 lbs. gross, a deduction of 10c a pound for aaen pound under 55 lbs will be made No L '3o®3lc. Butterfat—36*. Quoted by Lb* wadlev Ccauw.

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