Indianapolis Times, Volume 47, Number 227, Indianapolis, Marion County, 30 November 1935 — Page 14

Review • a a Highlights of the News During This Week. P>\ FREDERICK MATSON Tlmn Financial Writer

' | "HE Securities and Exchange Commission filed suit in Federal District Court at New York Tuesday against the Electric Bond and Share Cos. and five of its intermediate holding companies asking for an order the companies to register with the commission under the 1935 public utilities act. This marks the third time in the last few years that the Federal government and Electric Bond—the second largest holding company in the country—have tangled in the courts, the government having been victorious in each previous fight. The action fulfilled the SEC's promise last week that it would take civil action again a representative holding firm to test its authority in the courts. Meanwhile, there has been a mad scramble by utilities to file suits attacking the holding company act beiore the registration deadline expires at midnight tonight. tNote: To the short list of companies which have actually registered has been added the Indiana Southwestern Gas and Electric Corp a a a XT'EARS that France was about to x go off the gold standard and precipitate another international currency depreciation race were at least, temporarily dispelled with the vote of confidence given Premier Laval's anti-devaluation cabinet by the Chamber of Deputies. M. Laval won his battle in an attempt to force acceptance of his decree laws for the defense of the franc as the chamber convened after a five-month recess. Still present, however, is the danger that the chamber might upset the budget's balance by failing to ratify deflationary decrees, thus shaking investors’ confidence. In Rome, hundreds of persons formed a queue before the doors of the Bank of Italy to sell jewelry and other gold to the government at the new price of 15 '2 lire a gram, which represents a premium of 20 per cent over the former gold price. The bank announced it would pay 243.15 lire for $lO United States gold pieces of the weight coined before devaluation of the American dollar. This compares with the exchange raie of 123 lire for each $lO of present value United States Curlency. a a a OF particular interest to citizens of this state is the reorganization of the Middle West Utilities Cos., giant holding company of the Instill empire. The end of more than three years of litigation came this week as Federal Judge James H. WilkTson of Chicago approved the settlement plan, changing the name to Middle West Corp. Under the plan 3,000.000 shares of stock in the new corporation will be assigned to creditors. Banks and other secured creditors will receive 1,170 000 shares with the remainder going to holders of the $40,000,000 outstanding notes of the company and the unsecured creditors. The Middle West Utilities was the keystone of Insull empire, organized in 1912 and growing by purchases in this country and Canada until gross revenues reached $179.000,000 in 1930. The local operating affiliate is the Public Service Cos. of Indiana. INTEREST TO BE PAID Chicago, Milwaukee <s• St, Faul Ordered to Meet Obligation. Time* s/x cinl CHICAGO. Nov. 30.—'The Chicago. Milwaukee, St. Paifl and Pacific Railroad has been authorized in an order entered by Federal Judge Wilkerson to pay interest due Dec. 1 on all of the Milwaukee and Northern Railroad co. bonds outstanding in the hand of the public, it was announced today. The payment, representing semiannual interest on the first mortgage and consolidated mortgage of the subsidiary, will amount to approximately $l6O 000, it was said. On Commission How (Reprinted From Late Times Ycsterdavi Quotations below subject to change are n\ erage wholesale prices being offered to buyers bv local commission dealers: Fruit—Cranberries, early blacks. 25-lb. box. Pears Washington D'Anjo. $3.25. Canta'oupe California Honey Dews. $2: Casabas, $2 25. Persians. $2.25 Bananas - 7 hands, a pound. 5%c. Persimmons- Indiana, 12-0! ease. sl. Apples—lndiana Jonathans $1.60 Summer Rambos. $1; Delicious $1 fiOd 1.75 Wealthys. SI. Grimes Golden, $1.15 a 1.25 Lemons— Sunkist, 3605. $6 50 Grapefruit—Texas. 64s to 70s $3 50 Florida seedless. $3. Limes—Mexican a carton 12s. 20c: Persian seedless a hundred. $3 Vegetables Beans, green, round strlngless hu $2.75 Bests—Home crew tv do? . 25c. Cabbage—Northern Danish. 50-lb. bag. 75r Carrots Home grown. 40c. new hulk, half hu 60c Cauliflower -Michigan, crate $1 50; Long Island, large crate. SI 50. Celei ; Michigan, washed and 'rimmed, extra large. 55c; Jumbo, do?. 60c. Cucumbers Southern bu S3 50 do?., 85c. Kale Home grown, bu.. 60c. Lettuce—lceberg, California, best. $5.25 home grown leaf. 15-lb basket. $1 Endive— Ohio basket. 83c Mangoes -California crate. $4 75: small basket, $125. Min 1 Burch, 15c Mustard—Home grown, bu.. 60c. Onions —lndiana yellow. 50-lb bag. $1: Indiana yellow. 10-!b bag. 22c: western Spanish. 50-lb. hag. $1.50 Parsley—Home grown, do? . 35c Peas—Telephone, hampers. $4 Potatoes Round Cobblers. 100-lb bag. $1 65 Michigan Round White 100-lb. beg. $1 50 Earlv Ohlo.v bu.. $1 65; Idaho Russets. $2.40 Sweet potatoes Indiana. Jerseys, bu . 5165. Radishes—Ohio, button, do? basket.. 45c. Sage—Do?.. 45c. Snnach R’-oad leaf tu . 75c Squash B : $1 50 Tomatoes California repacked 10-lb carton <1 25 Produce Markets (Reprinted From Late Times Yesterdavl The prices quoted below are paid for stock gathered in the country, while delivered in Irdianapolis the price will b? a cent higher Heavy breed hens. 16c; Leghorn breed her.s 12c springers, ovrr 4-j lbs, 17c: under 4% lbs , 16c: old cocks. 9c: Leghorn springers 1 % lbs and „n 12c. Turkevs—lourg hens 8 lbs and .n. 19c toms. 13 to 18 lbs . 19c over 18 lbs . 18c; old toms. 14c Ducks—White 4' - lbs. and up 10c: ceese 10 lbs . full feathered and fat. 9c: old guineas. 15c: vourg guineas I'.- lbs and up 25c No. 1 strictly fresh eggs, loss off 25e pullet eggs. 18c. Each full case must weign 55 lbs gross, a deduction of 10c a pound under 55 lbs will he made No. 1 butter 36%®37%c; No 2. 34'. 135%c; butterfat. 31c Quoted by the Wcdlev Cos Dividends Declared Dividend rates are gnvn in dollars and cents unless stated otherwise. Company Rate Prr'd Payable close aAm Cigar B 300 Q Dec. 16 Dee 3 Am Hawaiian SS 25 Q Dec 31 Dec 14 Bower Roll Brg 25 Q Jan 25 Jan. 2 Brush Columbia Pwr A 37'.. Q Jan. 15 Dec. 31 bßrondwav Dept Strs 7’ - Ist p 2 00 . Dec. 14 Dec. 4 bCtown Corn Int A .25 Dec 20 Dec. 6 fcCurtisPub $7 p 175 Dec 30 Dec. 9 Dominmn Glass 125 Q Jan. 2 Dec It H grad Sylvan $0 Q Jan 2 Dec. 10 Louden Pkg .12'.. q Jan. 2 Dec 16 Natl Standard 50 Q Jan, 2 Dee 18 Otis Elevator 15 Q Jan 15 Dec 27 Wheeling Sr! n .50 Q Dec 24 D'c 3 Western Dairies $3 cum p .75 Q Dec 20 Dec. 10 aPlaces stock on sl2 annual basis; also an extra of l-20th of a <hff bOn account of occumulatiosn.

♦ ♦ Abreast of The Times on Finance ♦ ♦

PAGE 14

MARKETS HOLD GAINS MADE IN EARLIER PERIOD Commodity Price Average in Wholesale Field Continues Rise. 7 -me* Special NEW YORK Nov. 30—Gains of the previous few weeks in wholesale commcdity markets was maintained during the last week, with the general average at the close slightly higher than a week ago, according to a Dun A: Bradstreet report today. Advances and declines in she major staples were rather evenly divided, with net price changes in most cases small. Wheat continued to rise, while corn weakened. Cotton advanced slightly, but silk was sharply lower. The Dun & Bradstreet daily commodity index held firmly throughout the week, closing at 122.51 on Nov. 25. compared with 122.19 a week earlier. The latest figure showed a small drop from a month ago, but comparison svith the 113.23 index at the same time last year reveals a rise of 3.6 per cent. Corn Closes Cower The strengthening factors in the domestic wheat markets were the improvement in European demand and the uncertainty of nex- crop pro.pects in Argentina. Corn closed lower as offerings increased, with no corresponding increase in demand. Dairy products weakened, but meats and livestock were higher, steers and lambs reaching new highs. Coffee and raw sugar finished unchanged from previous quotations. The non-ferrous metals displayed only moderate activity. Copper, zinc and lead prices remained steady, with stocks of the latter metal reported slightly higher at the end of October. With trading restricted, tin declined l's cents, bringing the closing quotation to 50% cents. Rubber ruled firm throughout the week at close to the 13-cent level, consumption for October being reported at the highest on record for that month. Wool Quotations High Although stocks of nearly all kinds of finished cotton goods have been reduced and no lifting of operating schedules at mills is indicated, prices in most divisions were unchange for the week. A few advances were reported on some of the cotton gray goods, and quotations on several types of finished cloths were raised. High quotations for all grades of wool have slowed down purchasing somewhat, although a fairly large volume changed hands during the week. Prices continued strong, with ihe average of the 25 domestic wool quotations unchanged for the third successive week at 55.64 cents a pound. Most of the mills have covered fairly well on their requirements, blit, consumption continues steady and in large volume. Stocks of raw wool in the hands of growers and dealers is comparatively small. GARLOADINGS SHOW GAIN DURING WEEK American Raiiway Reports Total of 646,503. 1 ailed [’rex* WASHINGTON, Nov. 30.—The American Railway Association announced today that carloadings for the sveek ended Nov, 23 totaled 646.503 cars, an increase of 84,561 over the corresponding week in 1934 and 18,173 above the preceding week this year. Miscellaneous freight totaled 257,551 cars, 2,522 above the precedingweek and 50.679 above the corresponding 1934 week Merchandise loadings were 161,091 cars, 1,919 above the preceding week and 1,988 above the corresponding 1934 week. Coal loadings were 132,549 cars, 10.140 above the preceding week and 12.279 above the corresponding 1934 week. Grain loadings were 33.358 cars. 4.225 above the preceding week and 5.399 above the same week in 1934. Livestock loadings were 15.408 cars. 1.730 below the preceding week and 3.751 below the same week in 1934. Ore loadings were 10.133 cars, 2147 below the preceding week, but an increase of 6.483 above the corresponding 1934 week. Coke loadings were 7843 cars, 723 above the preceding week and 3082 cars above the same week in 1934. SCHENLEY OFFICIALS VISIT LAWRENCEBURG Old Quaker Dstillery Celebrates Second Anniversary. 1 line* Special LAWRENCEBURG. Nov. 30. New York executives of the Schenley Products Cos. were to arrive here today to participate in the second anniversary of the Old Quaker distillery. Included in the party was Lewis S. Rosenthiel, executive and finance committee chairman; Grover A. Whalen, for New York City police commissioner and now general manager of the Schenley firm; Haold Jacobs, vice president, and several others. The party was to arrive at Cincinnati by special train . nd proceed to Lawrenceburg by automobile escorted by local police. Mayor Russell Wilson and local business and professional men were to form the we’coming party. Gov. Paul V. McNutt is to attend a dinner honoring the organization, which is one of the principal sources of employment for citizens of this area. DIVIDENDS ARE DECLARED />’>/ I nited f’n ** BALTIMORE. Nov. 30.—Directors of the Commercial Credit Cos. at a regular me'ting declared a regular quarterly dividend of 6?% cents a share on the common stock, and $1.37'.' a share on the s', per rent convertible preferred stock. 3oth div cends are payable on Dec. 31. 1935, to stockholders of record. ♦

INDIANAPOLIS, SATURDAY, NOVEMBER 30, 1935

ONE OF THE MYSTERIES OF FINANCE

i that’s fuwmv \ MV STOCKS CW T J n \ seeni to be soaring / f 01 0 I *NI BUU MARKET 1 • ' L. J I \ - , ' 7o y % [a

New York Stocks

(Reprinted From Late Times Yesterday) (By Thomson & McKinnon Prev. High. Low. Close, close. Oils— Amerda 72 71 71 72 All Rfs 24 1 a 23 s * 23% 24% Barnsdall 12% 12 12% 12 Consol Oil 10'/2 10 10% 9% Cont of Del .. . 27% 27% 271, 27% Houston inew). 6% 6% 6% 6% Mid Cont Pet . 16% 15% 15% 16% Ohio Oil 11% 11 11 11 Pet Coro 11% 11 ll 1 * 11% Phillips Pet . ... 35 Vs 34 34 35 Plymouth Oil ... 11% 11% 11% 11% Pure Oil .... 13 12% 12% 12% Seaboard Oil ... 31 30% 30% 30% Shell Un 14-% 14 14 14% Skelley Oil 16% 15% 15% 16% Soc Cac 12’, 12% 12% 12% SO of Cal 37% 36% 36% 36% S O of Ind 27 26% 26% 26% SOof N J .. 48% 47% 47V* 48% Texas Corp ... 24% 24 24% 24% Tidewater Assn . 11% 11% 11% 12 Un Oil of Cal .. 20% 20% 20% 20% Acme 71 71 71 71 Steels— Am Roll Mills ... 30% 29% 29% 30% Beth Steel .. .. 50% 48% 48% 50 Byers A M 18% 18% 18% 18% Col Fuel & Iron 3% 3% 3% 4 Cruc Steel . 30% 29% 30 30% Inland Steel . 106 105'% 106 105 Ludlum Steel ... . 24% 23% 23% 23% Mid Steel 23 23% 23 23 Natl Stele ..... 77% 75 75 77% Otis Ste-l .. . 16% 14% 16% 15% Rep I & Stl . 19% 18% 19 19% Rep I & Stl pfd. 88% 88% 88% 88 U S Pipe & Fdy 20% 19% 20 20 U S Steel 48% ’ 46% 46% 48% U S Steel pfd 115% 113% 114 115". Warren Bros 5 4% 4% 4% Yngstwn S& T 35% 34% 34% 34% Motors— Auburn 39% 37% 38 39% Chrysler .. 85% 82% 83 83% Gen Motors . 56% 54% 54% 56% Graham Motor 3% 3% 3% 3% Hudson 15% 14% 14% 15% Hupp 2% 2% 2% 2% Mack Truck 26% 24% 25 25% Nash 16% 16% 16% 16% Packard 6% 6% 6% 6% Peo 5% 4% 4% 5 Studebaker .. 10% 9% 9% 10 Yellow Truck .. 7% 7% 7% 7% Bendix .. . 20% 20% 20% 20% Bohn Alum 49 48% 49 49 Boro Warner ... 63% 62 62 62% Briggs 52 50% 5 52% B lOd Mfg 9Vs 8% 8% 8% Budd Wheel 13 12% 12% 12% Eaton Mfg .. . 27% 27V, 27% 27% Elec Auto Lite 31 32V 32% 34 Elec Stor Bat .. 58 57 57% 56% Hondaille 'B" .. 28% 27% 27", 28'j Mullins Mfo ... 15% 15% 15% 15 Murray Body .20 is 7, 19% 19% Stew Warner . . 17% 16% 16% 17 Timken Roll 69 67% 67% 67% Timken Det Axle 10% 10 10% 10% Minin g Alaska Jun 16 15% 15% 15% Am Metals .. . 30%. 29'% 29% 30% Am Smelt . 61% 59% 59% 60 Anaconda 26 25% 25% 25% Cal & Hecla 5% 5% 5% 5% Cerro De Pasco 58% 57% 58% 58 Dome Mines 42% 41% 41% 41% Granby 13% 13% 13% 13% Gt Nor Ore .. . 14V, 14 14% 14% Howe Sound ... 55% 54% 55 54% Ins Copper ... 6% 6% 6% 6% Int Nickel . . 40% 39% 40% 40% Isl Creek Coal . . 26% 26 26 Krnnecott Cop . 28% 27% 28V, 27 Mclntyre Mine . 39% 38% 38% 38% Park Utah ... 5 4% 4% 4% Phelps Dodge . 26 25 25% 25% St Joe Lead , 24 22% 22% 23 U S Smelters 104% 103% 103% 101 Vanadium .20 19 19% 19% Amusements— Crosier' Radio . 17% 16% 17 17% Fox Theat 24% 23% 23% 23'-a Loews Inc ... . 53% 51% 52% 53% Radio Com 11% 10% 11% 11% Paramount .. .. 9 8% 8% 8% RKO 5% 555 Warner Bros ... 9 8% 8% 8% Tobaccos— Am Snuff . . 70% 70% 70% 71% Am Sum Tob 26% 26 26 26's Am Tobac “A" 101 100%. 100% 100% Am Tnbac ’'B". 103% 102% 103 103 Gen Cigars 32% 52% d2% d2% Ligg &My "B". 13% 13 13 13 Lorillard ' . 25% 25% 25% 25% Philin Morris 61% 58% 58% 61 Reynold Tob ’B” 57% 56% 57 57% Rails— Atchison . . . 54% 52% 53 53% Atl Coast Lines 31% 29% 30% 29% B & O 17% 16% 16% 16% Can Pacific ll 3 , 11 11% 11% Ch & Ohio . 52% 51% 51% 53% Chi & Gt W 1% 1% 1% 1% Chi A- Gt W pfd 4% 4% 4% 4% C M Ac St P 2 1% 1% 2 C M A- St P pfd 3% 33 3% Chi N W ... 3% 3% 3% 3% Chi N W pfd 8 7% 7% 8 Dela A- Hud .38% 36 37 37% Del Lac & W . . 17 15% 16% 16% Erie 12% 11% ll 3 , 12% Erie nfd . . . 16% 15% IS®, 15% Grt North pfd .. 33 30% 30% 32% 111 Central . 20% 19 19% 19% K C Sou .. . 10 9% 9% 9% Lehigh Valiev ... 10% 9% 9% 9" Lou & Nash . . 62% 59% 60% 59". M K A- T 6% 5% 6 6% M K A- T pfd . 14% 14% 14% 15% Mo Pac 2% 2% 2% 2% Mo Pac pfd . 4% 3% 3% 4 N Y Cent 28% 26% 27 27% N Y New Haven 4% 4 4 4% N Y Ont & West 6% 5% 5% 6% Norfolk & West 119% 199% 199% 198 Nor Pacific 23% 22% 22% 23". Penn R R . ... 30% 29% 30 30% Reading 38% 38% 38% 38% Sou Pac 25 23% 24 24% Sou R R 15% 13% 14% 14% Union Pac 107 105 106 106 Wabash 3% 33% 3% W Maryland ... 9', 8% 9% 9% Equipments— Am Brake Shoe . 40% 40% 40% 40 Am Car & Fdv .31 29% 30% 30% Am Loco 26 24% 25 25 Am Steel Fdv .. 23% 22 22% 23% Bald Loco 4’, 4% 4% 4% Gen Am Tnk Car 44% 43 41 44 Gen Elec 38% 37% 37% 38V, Gen RR. Sig .. 39% 36% 36% 38". Pullmar Inc 38% 37% 37% 38% West Air Br 32% 30% 31 31% Westingh Elec .. 93% 90% PI 92% Utilities— Am A- For Pwr 7% 6% 6% 7 Am Power & Lit 8% 7% 7% 8% A T A- T 160% 158% 158% 159%. Am Wat Wks 20 18% 19 20% Col Gas A- Elec 13% 13% 13% 13% Comm A- Sou . 2% 2% 2% 2% Consol Gas 32% 21% 31% 32% Elec Pwr A- Lit . . 5% 5% 5% 5% Int Hydro Elec .. 3% 3% 3% 3% Interboro RT .. 17% 17% 17% 171. x Int TANARUS& T . 12% 12% 12% 12% Lou GA- E A’.. 20% 20% 20% 20% Nat Pwr A- Lit .. 10 9% 9% 10 North Amer .. 25% 24% 24% 25% Pac G& E .29% 28% 29 29 Peoples Gas .. 39% 38% 38% 39% Pub Serv NJ .. 45% 43% 43% 44% So Cal Edison .. 25% 25 25 25% Std Gas 5% 5% 5% 5% Stone A- Webster 11% 11% 11% 11% United Corp ... 7% 6% 6% 7 Un Gas Imp . 17% 17 17 17 Ut Pwr A- Lt ’A’. 3% 33 3% Western Union .. 72 68% SB% 72% Rubbers— Firestone 17% 17% 17% 17% Goodrich 12% 11% n% 12 Goodyear . 21% 20% 21 21% U S Rubber 15% 14% 14% n% U S Rubber pfd 41% 39% 4040% Miscellaneous— Allis Chalmers $4 32% 33 33% Am Can 142 141 141% 142% Am Mach A- Fdv 30 29% 29% 30 Anchor Can 15% 15 15% 15 Brklvn Man Tr 42% 41 s , 41% 42 Burroughs Add 26% 25% 25% 26% J I Case 101 97 98% 99% Conti Can 93% 92 92% 92% Caterpillar Tract 57% 55 55 57% Crown Cork 45 44% 44% 44 Curtis Pub 22% 21% 21% 22% Curtis Pus Dfd . l^ 7 , 103% 103% 105 Pe r? A: Cos 52 49% 51 51% "rstman Kodak 161% 161 161 iso% Fes**r Wheeler 23% 21% 22% 22% Gillette 18 17% 17®, 17% Glidden 43% 42% 43 42% *

Ingersoll Rand . .118% 116% 116% 116 Int Bus Mach ..181 179% 181 179% Inter Harv .. 60% 50% 60 59% Nat Cash Reg . . 20% 19% 19% 20% Owens Bottle .. .121% 129 129 121%. Rem Rand ... 17 15% 16 a 16% Underwood E . 80% 80% 80% 80 Worth Pump .. 23% 22% 22% 22% Foods— Am Sugar 53% 53% 53% 53% j Armour 5% 5 5Vs 5% i Armour 6 pet pd 67 66% 67 60% ! Beatrice Cream . 18% 18% 18% ,8% ! Borden Prod 26% 26% 26% 26% Cal Packing . 36 35% 35% 35% Can Drv G Ale 12% 12% 12% 12% 1 Cont Bak "A” .. 10 9V* 9% 9% Corn Prod ... 71% 70 70% 71% Crm of Wheat .. 37% 37 37 37 Va Cub Am Sug ... 5% 5% 5% 5% Gen Baking .... 12 11% 11% 12 Gen Foods 33% 33 33% 33% Gold Dust, 20% 20% 20% 20% G W Sugar 33% 32 32% 33 Hershev 77 76% 76"* 76 Int Sait 26V, 26 26 26% Natl Biscuit .... 34% 33% 34 33% Natl D Prod .... . 19% 19Va 19% 19% Puritv Bak 14% 14% 14% 15 S Porto Rico Sug 26% 26 26V, 26% Std Rands 15% 14% 15% 15% Un Biscuit 24Va 24% 24% 24% United Fruit ..70 69 69 69% Ward Bak "B” . 2% 2'% 2'% 2% Wrigiey .76 76 76 77 Retail Stores— Assd Dry Goods 17 16% 16% 16% First Natl Stores 49% 48Va 49 48% Gimbel Bros ... 7 6% 7 6% Gr Un Tea 3% 3% 3% 3% Allied Sts 8% 8% 8% B'% Jewel Tea 59% 58% 59% 57% Kresge S S 27% 27 27% 27% Kroger Groc ... 26% 26'% 26% 26V, Macy R H 53% 52% 53 53% McCrory St 14 Va 13 13% 14 McLellan St ... 13% 13 13 13% Marshall Field . . 13% 13% 13% '13% May Dept St ... 55% 54 54% 55 Mont Ward 38% 36'% 37% 38% Natl Tea 9% 9'% 9 5 /a 9'% Penney J C 81% 79'% 80% 81 Safeway St .. 33% 33 33 37% Sears Roebuck . . 65% 63% 64% 65% Woolworth 57 56% 56% 57 Aviation— Aviation Corp ... 4% 4% 4% 4% Boeing Aircft . 14% 13% 14% 13% Curtiss Wright . 3% 3% 3% 3% Curtiss Wr "A”. 9% 9% 9% 9% Douglas Air . 34% 32% 34 32% Nor Am Av 6% 6 6% 6Va Sperry Corp 12% 12 12% 12% Unit Aircft New 22% 20% 22 20% Chemicals— Air Reduction . 172'% 171 171 172 Allied Chem . .164% 163% 164 163 Am Com Alco ... 31'% 29", 30% 31 Com Solvents . . 20% 20 V, 20% 20% Du Pont, 139% 136 137'% 139' Freeport Tex ... 28% 28 28 28% Liquid Carb .... 35 34 34% 34% Math Alkali ... 32% 31% 31% 31% Monsanto Chem 90 88 3 , 88% 89% Natl Dis (new) 31% 30% 30% 30% Schenley Dist ... 51% 50% 50% 50% Tex Gulf Sulph . 33Va 32 32 33% Union Carbide .. 71% 70% 71% 71 U S Ind A1c0... 49 47% 47% 48% Drugs— Bristol Myers ... 41 40% 40% 40% foty Inc 6% 6 6% 6% Lambert 23% 23% 23% 23% Ifhn & Fink ... 12% 12% 12% 12% Sterling Prod . 66 65% 66 65% Un Drue inewi 10% 10% 10% 10% Vick Chem .. . 42% 42 42% 42% Zonite Prod 5% 5% 5% 5% Financial— Adams Exp . 9% 9% 9% 91/, Alleghenv Corp 32% 33 Am I.it Corp . 10'% 10 10 10% Chesa Coro .. . 60% 58% 59% 60% Lehman Corn .. . 91% 90% 91 92% Transamerica ... 12 11% 11% 11s, Tr Conti Corp .. 7% 7% 7% 7% Building— Am Radiator... 21% 20'% 21% 21% Gen Asphalt 21", 20% 20% 20% Holland Furnace 27% 26% 27 26', 2 Int Cement 33% 32% 32% 33% Johns Manville 91% 89% 91 92% Libbv Owens Gls 46% 46 46 46% Otis Elev ... 24% 22% 24% 22% U S Gvpsum 82'% 82 82% 82 Ulen Cons .... 3% 3% 3% 3% Household— Col Pal Peet ... 17% 17% 17% 17% Congoleum 44% 43% 43% 45 Kelvinator . 14% 14% 14% 14% Mohawk Carpet . 21 21 21 20% Proc & Gamble 47% 46% 47% 46% Servel Inc . 14% 13% 14 14% Simmons Bed .. 17'% 16% 17'% 17% Textiles— Amer Woolen ... 9% 9% 9% 9% Belding Hem ... 13% 13V* 13% 13% Celanese Corp .. 28% 27% 27% 28% Collins Aikman . 44% 41% 42% 44% Gotham Hose ... 9% 9% 9% 9% Indus Ravon ... 30% 30% 30% 30', Kayser Julius .. 26 26 26 26 Real Silk 9% 9% 9% 9% Local Securities (Reprinted From Late Times Y'esterdav) (Because quotations on local securities are unlisted on an Exchange, The Times can not assume resnonsibilitv for the accuracy of these figures gathered from local brokers.) STOCKS Bid. Ask. Belt RR & Stk Yds com ... 50 52% Belt RR & Stk Yds 6% pfd . . 52 Central Ind Pow 7% pfd 17 20 Home Tel&Tel Ft. Wn 7% pfd 50Va 52 Hook Drug Inc. com 14 15'% Ind & Mich Elec 7% pfd 99 102 Ind General Service . 87 91 Ind Hydro Electric . . 53 57 Indpls Chain Sto Term pfd .. 52'% 62'% Indpls Gas Cos com 38 Indpls Pow & Lt 6 pfd . . 82 85 Indpls Pow & Lt 6%% pfd . 88 91% Indpls Water 5% pfd . 102'% North Ind Pub Svc 5%% pfd . 67 70 North Ind Pub Svc 5%% pfd . 68 71 Progress Laundrv com 6'% Pub Svc of Ind 6% pfd 12 15 Pub Svc of Ind 7% nfd .. 32 35 So Ind Gas & Elec 6'r pfd . 93 97 Terre Haute Elec 6% pfd 79 83 Union Title com 18 20 BONDS Atlanta Dlstr Term 6% '4l ... 62'% 70 Buffalo Distr Term 6% '4l .70 80 Brooklvn Postal Sta 5%% '4B 37% 42 Home Tel&Tel FtW 5%% ’35 .103 105 Home Tel&Tel FtW 6% '43 103 106 Indpls Railways Inc 5% '67 .. 49 53 Indpls Water 4%% '4O .. 105 107 Indpls Water 5% 'SO & '6O 105 107 Indpls Water 5%% a3&'54 103% 105 Interstate T & T 5%% '53 . 93 96 Kokomo Water Works ’SB 104 105'% i Lafayette Telephone 5% '57 102 Morris 5 & 10 Stores 5% 'SO 99 102 Muncie Water Works 5% '65 102'% Noblesville HL&P 6% '47 96 98 Ohio Tel Service 6% 47 95 Richmond Water Works 5%’57 104'% 106 St. Louis Post Office 5%% '3B 18 25 Sevmour Wtr Ist mte 5% '59 101 104 Terre Haute Water Wkss% '56 101 ”3 103% Terre Hau'e Wat Wks 6% '49 103 105 Traction Terminal 5% ’57 .. 70 74 TIME EXTENSION ASKED Erip Railroad May Use Bonds as Collateral for Bank Notes. l ime* Special WASHINGTON. Nov. 30.—The Erie Railroad has aske i the Interstate Commerce Comrr ssion to extend beyond Dec. 31 the time which it may offer a bond is ae, it was announced here today. The company is panning to pledge 55.431.000 of its first consolidated mortgage 4 per cent bonds , as collateral for bank notes.

y. S, BUSINESS ENJOYS ACTIVE HOLIDAY WEEK Textile Mills Busy; Steel at New High Level, Report Shows. Time* Special NEW YORK. Nov. 30 —One would have to go back beyond 1929 to find a period more conducive to American thangskiving than the present, particularly if one leaves out political situations abroad and political arguments at home. This setniment is expressed in the magazine Business Week in its issue published today. “Pressed by urgent Detroit requests for deliveries, steel has reached another high level for the 1 year,” the publication reports. “Improved railroad earnings and the possibility of rail price increases are stimulating equipment purchases. Farm Income Increases “Construction maintains a wide margin over 1934. Textile mills are j busy. Factory employment is back j j to the October, 1930, level. So is ; farm income. Brokerage houses report the best volume in years. "Behind this, of course, lie uni certainties and possibilities of disturbance. To be considered are France's gold drain unstemmed by : higher discount rates, the partitioning of China, the Ethiopian struggle, oil export problems, impending legal decisions on AAA and the utility act, the prospective Federal ! budget, the approaching conngressional session, the January initiation ! of security insurance and the A. F. | of L. split.” Carriers Add to Programs Commenting on the tax situation Business Week states: “Six leading industrial companies paid in direct taxes to national, state and local governments in 1934 the sum of $84,700,000, equal to 34 per cent of their net income prior to taxation. Five cents out of every dollar of their sales represented direct taxes. “Tobacco interests are watching record-making cigaret figures roll in together with strong evidence of a cigar revival. They are also keeping an eye on Louisville, where an option held on control of AxtonFisher may hourly be exercised by Standard Commercial Tobacco Cos., representing progressive and oldestablished leaf interests. “With steel mills operating at the year’s best instead of the usual yearend slack, durable goods industries give every indication of being well on the recovery road. Numerous additional railroad programs have been announced this week.”

N. Y. Bonds (Reprinted From Late Times Yesterday) DAILY BOND INDEX 20 20 20 20 Inds. Rails. Utils. Bonds. Today 90.8 81.6 102.9 91.8 Wednesday ... 91.0 81.5 102.8 91 3 Week ago 91.3 80.4 103.0 91.6 Month A ago .. 89.9 79.3 101.7 90 3 1935 high 91.4 86.4 103.1 91.8 1935 low 83.6 71.0 89.3 83.0 Copyright. 1935. by Standard Statistics.) L'. S. GOVERNMENT BONDS (By Abbott, Proctor & Paine) Prev. Close, close. Treasurys 4%s 1947-52 114.31 115.3 4s 1944-54 110.19 110.18 3%s 1946-56 108.30 109.2 3%s 1940-43 107.4 107.6 3%s 1943-47 106.2 106.8 3%s 1941-43 107.1 107.7 3%s 1943-45 105.6 105 4 3%s 1941 107.21 107.19 3%s 1944-46 104.25 104.22 3%s 1946-49 103.17 103.17 3%S 1949-52 103.13 103.10 3s 1951-55 102.17 102.16 3s 1946-48 102.16 102.17 2%s 1955-60 99.23 99.28 2%s 1945-47 100.40 100.22 Home Owners’ Loan Corp. 2%s 1940 99.13 99.15 3s 1902 100.20 100.22 Federal Farm Mortgage Corp. 3 ‘‘ s 102.14 100.25 3s 1942-47 101.10 101.11 Prev. Close Close Domestic Alleg Corp 5s '44 . 87% 87% Alleg Corp 5s '49 78% 79 Alleg Corp 5s ’SO 50% 51% Am Frgn Pow 5s 2030 69 67 Tel & Tells%s ’43 113% 113% Am Tel & Tel 5s '65 .... 113% 113 &Cos (Del) 5%s '43 .... 94% 94% Atl Coast Line 4s ’52 .... 96 96% Atl Coast Line 4%s 64 84 83'Am\7^ P m, S c Fe 4 ' 2S 48 108 10Y% Am Wat Wks 5s 44 no 110% Am Rolling 5s ’3B 118 121 Balt & Ohio 5s 95 , 81% 82% 1 Balt & Ohio 6s '95 83% 83 Bah & Ohio 4%s '6O . : :58% 59 R°ch & Pitt 4%s '57 ... 64 63% Uhl Milw &StP 5s ’75 14% 151* Chi Mllw&St Pss 2000 .... 7% 7% Cleve Un Term 5s ’73 99.-.. 903' c^V'Sv 4 '^: 77 ■:::•• ll j ™ g a as ! S s A 6 r 52 10 9 , 100, Can Pac Perp 4s *4 2 L 2 Cent Pac 5s '6O SL ® 4 < i Big Four 4%s ’77 ! Big Four 5s '6.3 . "! go, 4 Colorado & So 4'-s an --, ; Chi & west Ind 4s 's2° Sad : Chesa Corp 5s ’47 . 1 i Uel&Huds 4s ’43 4 i N Y Dock 4s ’sl . LL >5, ;N Y Dock 5s ’3B . 57 4 =~ 7 B | Erie 5s ’67 • 88 ! 2 88 % ; Grt 1 Nonhern 2 7s '*’36 '''''' ••• • ■ JOO * 10?% grt Northern 4? A'! "X ;;' ! I*B w& s s'%* -49 •• • • u 1 * - 5s j, IV 111 Cent 5s ’63" S 63 |g,- §|? Interlake C & Iss 'sl af% aa 2 Internt Hv Elec 6s 44 471! 47% £ el & Tel 4%s ’39 .. 83 83 Internt Te & Tel 5s ’55 ! 751. 74,, i I* 1 £- & Tel 4* ? s *52 .. 71 j 2 72 , & i NaU eS na%v ß °(s b i 5 ', a SO 102 % 103 ' vt a :i s*4s 48 104 i Natl Steel 5s ’56 105% 105 7 ; IP I K tasy. ft* IWHsW 5 %% ? 7 % N Y Cent 4%s 2013 (old) 71% 72 Nor Amer Cos 5s '6l 1031* 103 Nor Pac 3s 2047 72% 72% 5 Nor Pac 4%s 2047 1. 89 89 (Nor Pac 6s 2047 102% 102% Nor States Pow 5s '4l .... 106% 106'-® New Orleans Term 4s '53 .... 82 82 ' ; Otis Steel 6s '4l 101% 101% ; Print Rv 4% s 'B4 104% 104 Penn Rv 4%s 'Bl 105% 98% Penn Rv 4%s 81 98 104', Para Publix 5%s 'SO 84% 88% Penn P & L 4%s 81 105% 105% Postal Tel & Cab 5s '53 .35% 35% : Rem Rand WW 5%s '47 105 104% Shell Union Oil 5s '47 103% 103% Sou Pac 4%S 68 76% 76% Sou Pac 4%s 'Bl 76% 76% ; Sou Pac 4%s '69 77 76% Sou Pac 4s 49 79 80 Sou Rail 4s '56 51% 52 | Sou Aail es '56 66% 66% ! Sou Rail 6%s '56 69% 69 Sharon Stl Hoop 5%s 43 102% 102% Texas Pac 5s 'BO '. 92 91% Texas Pac 5s '79 92 92% 1 Texas Pas 5s ’77 93% 93% Union Pac 4s '47 11l 111% United Drug 5s 53 94% 95% U S Ruober 5s 47 100% 101 NY NH & Hart 6s '4B 28% 28% ! NY NH & Hart 4%s '67 27 27% ! Warner Bros 6s 39 86% 86 Western Mary 5%s '77 104% 104% FOREIGN Argentina A 6s '57 98 98 Argentina B 6s ’SB 98 98% Brazil 8s ’4l 28% 29 Canadian Govt 4s ’6O 106 106 Denmark 5%s ’55 100% 100% German 5%s 65 30% 31% German 7s 49 39 38% Italy 7s ’sl 54 56% Japan 6%s 54 98 98% ( Poland 7s ’47 103% 103% Rome 6%s 52 44% 48 i Tokyo Citv 5%s 61 80% 80% ■Yokohama 6s 61 82 83

NASH DEALERS HOLD SALES PARLEY HERE

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Lafavette-Nash dealers of this territory were to assemble at the Lincoln today to attend a luncheon and sales meeting as the guests of the E. L. Shaver Cos., local distributors. Shown above, left to right, are L. H. McCarty, Nash Motors Cos. president, and C. H. Bliss, vice president and sales director, who were to be principal speakers at the luncheon, having come here from the Nash plant at Kenosha, Wis.

Revolutionary Changes Held Vital to Carriers Reorientation of Railroads’ Policy Made Necessary by Competition, Trade Magazine Asserts. Time* Special NEW YORK. Nov. 30.—Revolutionary changes in the railroad industry now being made and to be undertaken in the future are little realized by the general public, according to the current issue of Railway Arc, published today.

Changes in locomotives and cars, as well as in tracks, signaling, operating methods and employes’ training and work, are essential in order to enable the railways to rebuild their passenger traffic, the magazine says. Traffic Gains in 1934-35 “Passenger traffic and earnings increased in 1934 when there was a Century of Progress exposition, and again in 1935 when there was no such favorable influence. General business has improved, but it was improving from 1923 to 1929 when railway passenger business was steadily declining. “The evidence indicates that the recent increases have been due to efforts of various kinds made by the railways themselves—installation of improved or new kinds of power and cars, increases in speeds, better showmanship, advertising and selling, reduction of rates. Reorientation Is Vital “It is almost like starting anew business. They have the advantage of building on an old and strong foundation. They have the disad- i vantage of having gradually to tear away a superstructure of old facilities. methods and traditions while erecting anew superstructure. “It was just when the railroads had reached their highest development to accomplish the three purposes of (1), rendering adequate and reliable service with (2) maximum economy and <3) maximum safety, that there appeared outside competition which has made it necessary to reorient their policy. “How much speed by rail does the public want? With what kinds of equipment can it be attained with maximum comfort and minimum cost? 100-Mile Speed Essential “Can steam or Diesel engines best furnish the power? How much will day coaches and sleeping cars have to be redesigned and lightened in order to minimize the amount of power required to pull a fast train at speeds up to 100 miles an hour—for maximum speeds up to 100 miles an hour must be made in many parts of the country to maintain schedules averaging 60 miles an hour for long distances? How about tracks—because tracks must be adjusted to speeds and to the kinds of equipment used in making them? “Theorists may theorize and researchers may research; but only the hard, costly tests of varied experience under service conditions will solve the problem of speeding up railway passenger service with comfort and safety to the passenger and reasonable economy to the railways.” MOVE TO SPLIT STOCK Shareholders of Air Reduction to Vote on Motion. Time* Special NEW YORK. Nov. 30.—Stockholders of the Air Reduction Cos., Inc., will vote on a recommendation by directors of a three-for-one splitup of the common shares April 6, Charles E. Adams, president, announced today. The contemplated splitup of the common issues will make the sec- ; ona in recent years. In 1928 a I three-for-one division was made, it j was stated. Busigraphs sales of HOUSEHOLD ELEC. REFRIGERATORS fEOISON ELECTRIC INSTITUTE) tA DOTTED LINE IS THE PAfT FOUR YEARS AVERAGE OF 2 THE SAME MONTHS | 200 £ vfP ! aeiili Wm. SONDJFMAMJJAS 193* I 1935 The packer CORP. GENERAL DSTR:BJTCRS | INCORPORATED INVESTORS Low prices, big values, coupied with liberal advertising, make sales. That is one reason why sales of electric refrigerators have increased so rapidly. The number of electric refrigerators sold in 1934 was 42 per cent ahead of 1933 sales, while in the first nine months of this year sales gained 15 per cent over the corre--1 sponding 1934 period. The averaae price of the electric refrigerator sold in 1931 was $245, whereas today it is approximately hall that i amount.

Turbins for Boulder , Wheeler Dams The Baldwin Locomotive Works through a suhei diary has received govern meat orders of SOOO,OOO for hydro-electric turbines to be installed at Boulder Dam and Wheeler Dam.

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SUITS ASSAIL UTILITIES ACT Holding Firms File Actions In Last Rush Before Deadline. By United Pres* Approach of the Sunday deadline for registration of utilities holding companies was marked today by a flurry of new suits assailing the holding company act and seeking to prevent the Securities and Exchange Commission from enforcing it. In the face of the mounting wave of hostile litigation, the commission won a point when Federal Judge John P. Nields in Wilmington, Deldismissed a petition of the Central Public Service Cos., because the commission was not named in the action and given its “day in court.” The commission, meantime, announced in Washington that it had exempted from the registration requirement a limited number of holding companies, including those that are predominantly intrastate. Ten more utilities, including the Cities Service Cos., filed suits in Wilmington, making a total of 23 such actions instituted in that court alone. Twenty companies began similar litigation in Minneapolis to restrain enforcement of the act. Local Livestock (Reprinted From Late Times Yesterday) HOGS Nov. Bulk. Top. Receipts. 22. $9,504) 9 75 $9.80 6000 23. 9.604/) 9.75 9.75 2500 25. 9.60® 9.75 9.75 6000 26. 9.60® 9.75 9.75 6000 27. 9.704/) 9.80 9 80 3000 29. Light Lights ,140-160) Good and choice . .$9 754/ 10.05 Medium 9.25® 9.85 Lightweights .160-180) Good and choice .. 10 054? 10.15 Medium .. 9.554/ 10.05 (180-200) Good and choice.. .10.054/10.15 Medium 9.55 'S-10.05 Medium Weights (200-2301 Good and choice .. .10 004/10 15 (220-250i Good and choice . 10.054/10 10 Heavyweights (250-290i Good and choice ...10 004/ 10 10 .290-3501 Good and choice .. 9 854/ 10.15 Packing Sows (275-3501 Good 8 95® 835 (350-425) Good 8 80®) 9 10 (425-450) Good 8 60®> 875 (275-450) Medium ... 8 35®) 8.85 Slauehter Pigs (100-140) Good and choice .. 9.50® 10 00 Medium 8.75® 9.85 CATTLE —Receipts, 9000 — (500-900) Choice $10.50® 12 25 Good 9.004/111.25 Medium 6.75® 9.00 Common 5.00@ 6 75 (900-1100) Choice 11.75® 12 00 Good 9 25® 9 25 Medium 7.25® 9.25 Common 5.50® 7 25 (1100-1300) Choice 12.00® 13 25 Good 9 50® 12 00 Medium 7.50® 9.50 (1300-1500) Choice 12 00® 13.25 Good 9.504/12.00 Heifers ,500-750) Choice 9 50® 10.50 Good 8 00® 9 50 Common and medium .... 4 50® 8.00 (750-300) Good and choice ... 8 75® 11.00 Common and medium 4 75® 8 75 Cows Good 5.25® 6 25 Common and med.um 4 25® 5 25 Low cutter and cutter 3 00® 4 25 Bulls, good 5 75® 625 Cutter, com. and met. bulls . 4.00® 5.75 VEALERS —Receipts, 500— Good and choice 11 00®11 50 Medium 9.00® 11.00 Full and common 5.00® 9 00 Calves (250-500) Good and choice ... 7 00® 950 Common and medium 4.00® 7.00 Feeder and Stoeker Cattle (500-800) Good and choice . 6 50® 825 Common and medium . 4 25® 650 (800-1050) Good and choice .. 6 50® 850 Common and medium 4.25® 6.50 Cows Good . 5 00® 6.50 Common and medium 4.00® 5 00 SHEEP AND LAMBS —Receipts. 3000— Lambs. 90 lbs. down, good and choice $10.50® 11 50 Medium 8 75®10 5O Ewes 90-125i Good and choice .. 4 25® 525 All weights, common and medium . .. 3 75® 4 75 (120-1501 Good and choice . 3 25® 4.25 Unlisted Stocks 'Reprinted From Late Time* Yesterday) ißv Blyth & Cos i NEW YORK BANK STOCKS Bid Ask Bankers 66% 67", Central Harover B & T 122 124 % Chase 37% 39% Chemical National 55% 57% Guaranty 309 312 Irving 16 17% Manufacturers 33% 40% National City 34% 35% Cont 111 (Chicago) 93% 95% First National of Boston ... 42% 44% Natl Shawmut 25% 26% FIRE INSURANCE Aetna Fire 56 57% Citv of New York (new) 28% 30% Federal Ins 83% . Great American Ins 26% 28 % Hanover Fire Irs 37% 39% Hartford Fire Ins 78% 80% Home Ins 36 37% Ins Cos of N A 68% 70% National Fire 71% 73% North River Insurance 27% 29 % Phoenix Insurance 83% 92 Westchester Fire 34% 36%

U. S. SECURITY HOLDINGS SALE RECOMMENDED Prevent Credit Expansion Is Goal of Advisory Council. BY RICHARD 1.. GRIDLEY (Copvricht. 1935. by Untlfd Press) WASHINGTON. Nov. 29 —Sale of a portion of the Federal Reserve Banks' $2,430,000,000 government security holdings as a means of restricting possible future credit expansion has been recommended by the Federal Advisory Council, it was learned today. The Federal Reserve Board, however. probably will ignore the suggestion for the time being, particularly in view of the forthcoming Treasury December financing which may involve more than a billion dollars. The advisory council, an unofficial advisory bodv of the Reserve Board comprising one representative from each of the 12 Federal Reserve Districts. made its recommendation to the open market committee of the Reserve board which is charged with fixing of the board’s open market politices. Definite Policy Revealed Tire recommendations were the outcome of the council's meeting with the Reserve board last wppk when the entire credit inflation situation was canvassed. It was not until today that it was revealed that the council has adopted a definite policy to reduce credit inflation possibilities by direct sale of the Reserve banks’ government sercurities. Sale of a portion of the government securities would tend to soak up a. corresponding portion of the $3,000,000,000 excess reserves of the member banks on which it is estimated a credit inflation of mere than $30,000,000,000 could be built. It was said in authoritative quarters. however, that the Reserve board plans no action at this time to ; disturb the present credit situation. This is in line with implications given in a statement last week by Marriner S. Eccles. chairman of the board, that the board would not take immediate action to pare down excess reserves. Further Borrowing Forecast Meanwhile, the Treasury went ' ahead with its December borrowing program. Falling due Dec. 15 are $418,291,900 of 2 1 '. per cent, notes which probably will be refunded into new obligations. In addition to this operation, however, it is believed likely the Treasury will seek to borrow another $500,000,000 in “new monev” which would carry the miblic debt across the $30,000,000,000 mark to another all-time peak. Indications that the Treasury would seek another large volume of funds were seen today on its decision to refrain from borrowing $50,000,000 additional this week on short term bills, a picture that has been carried on for the last seven j weeks. A total of $50,000,000 in bills are | being sold this week but the nro- | ceeds will go to repayment of a ; similar obligation that is due. In the last seven weeks $i09.000.000 has I been borrowed weekly, giving the Treasury $50,000,000 in “new money” every seven days. Abandon Open-Market Policy It is apparent that Treasury 1% | desirous of having the Reserve | banks continue to hold their $2,430.- | 000.000 of government securities. These were bought by the banks j during the Hoover and the early j days of the Roosevelt administraI tion in an effort to force easier I credit conditions and thus stimulate ! business. These open market pur- | chases were abandoned two years | ago and some observers said sale of | the securities in the open market at ! thi s time might tend to depress the government security market. If the banks hold the securities until the government completes its , winter and spring financing needs, the Treasury could borrow on much ; better terms. After this period is passed. Administration officials are counting j on a near balance of the Federal j budget which would reduce borrowing needs. Then it would be poc. sible for the banks to sell their govj ernment holdings to restrict credit expansion without interfering with financial operations of the Treasury. Chicaeto Grain Futures (RfDrintfd From Late Time* TetterdavL Htifh Low Close CTom Whfa ( E" 99% 97% Wi Ju,v 91% 89% 99% sgi* Corn— Er* S'9% .58% ss% 59,'. i WAV 59% .59 59% 59,7 J ’ j!v 60% .60% 60% .60% Oats— I jjL' 26% .26% .26% 26% Y a , v 2 *’s 28 28 2R% Rve— R?- J 9% .48% 49% a .48% 3S- ;S ii% W." .Wi Barley— Dpc 44b 44 I.ard— U 6 12 70 12 57 12 79a 12 60 tj? n 12 6.5 12 57 12 65b 12 57 Ma Z . 12 50 12.37 12 50a 12 40 aAsk. bßtd. LOCAL CASH MARKET Citv strain elevators are pavtne 93 cer.% for No. 2 soft wnrat. Otner graces , n their merits Cash corn new No 4 veilow 1 al cents and oats 19 cents

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