Indianapolis Times, Indianapolis, Marion County, 27 November 1937 — Page 11

SATURDAY, NOV. 27,

1937

STOCK LIST GAINS ONE TO FIVE POINTS IN ACTIVE TRADING

Tickers Fall Several Minutes Behind Market.

NEW YORK, Nov. 27 (U. P.).—The stock market advanced 1 to more than 5 points in active trading today and carried the main list above the levels of a week ago. The recovery attained such momentum that for a time in the last hour tickers were several minutes behind the market. Incentive for short covering and new buying was the outlook for further aids to business in Washington next week when the President presents his plans for a giant housing program to Congress. Meantime, business was loosening its purse string. New York department stores stepped up purchases. Several railroads entered the equipment market. Rail mills in the South were being stepped up on heavy orders. Inventory positions among mercantile establishments were reported becoming depleted to the extent where large purchases would be imperative before the end of the year, according to reports

DOW-JONZS STOCK AVERAGES 30 INDUSTRIALS 123.71 rire 118.26

censsnsssnassnsare 120.45

+35.45 + 4.62 + 2.32 —0.31 +0.51

Yesterday Week ago Month ago Year ago High 1937, 194.40; low 113.64, High 1936, 184.90; low 143.11, 20 RAILROADS

sears

Yesterday Week ago Month ago . Year ago High 1937, High 1936,

64.46; low, 29.15. 59.89; low 40.66. 20 UTILITIES

Yesterday Week ago Month ago ..... Year ago High 193%, 37.54; “ow 19.65. High 1936, 36.08; low 28.63. 70 STOCKS

Yesterday Week ago Month ago . Year ago High 1937, 69.67; High 1936, 66.38;

Week's Business At a Glance

ADVERTISING—Advertising Age: Week Nov. 13 retail advertising placed in newspapers of 80 major cities 23,240,057 lines vs. 23,736,071 previous week and 24,777,034 year ago; year to date 920,058,082 vs. 887,290,618 year ago. AUTOMOBILES — Ward's Automotive Reports: Production this week 58,955 units vs, 85,757 last week and 102,399 year ago. B AN K CLEARINGS—Dun & Bradstreet: Week ended Nov. 24, $5,183,273,000 vs. $5,192,521,000 previous week and $6,527,449,000 year ago. CIGARETS — Bureau of Internal Revenue: October small cigaret, output 13,802,142613 record high, vs. 13,203,851,027 year

low 38.8%. low 51.20

ago. CONSTRUCTION — Engineering News-Record: Awards this week $72,481,000, third largest of year, vs. $34,753,000 last week and $50,142,000 year ago. ELECTRICITY — Edison Electric Institute: Week Nov. 20 output, 2,224,213,000 kwh., vs. 2,176,557,000 previous week, and 2,169,715,000 year ago. FAILURES—Dun & Bradstreet: Week ended Nov. 18, 206, high since April 8, 1936, vs. 172 previous week, and 143 year ago. INDEXES—Dun & Bradstreet: Week ended Nov. 24, business activity 77.7 per cent of estimated normal, eighth successive decline and low since April 8, 1936, vs. 80.1 previous week, and 98.7 year ago; food index, off 5 cents in week ended Nov. 23 to $2.68, low since June, 1936, vs. $2.87 year ago. LUMBER—-National Lumber Manufacturers’ Association: Week. Nov. 13 production by 453 mills, 181,195,000 feet vs. 212,500,000 feet by 564 mills previous week; shipments, 145,452,000 vs. 185,106,000; booked orders, 142,602,000 vs. 167,945,000.

METALS—American Bureau Metals Statistics: October world lead output, 166,153 short tons, vs. 159,032 in September; total refined output 10 months, 1,554,534 short tons; U. S. output, 45,112 tons vs. 37,989 year ago. MILK—Milk Industry Foundation: October daily average sales 6,637,446 quarts vs. 6,392,141 year ago, up 3.8 per cent. OIL—American Petroleum Institute: Week Nov. 20 crude output averaged 3,573,850 bbls. daily. Gasoline stock 67,661,000 bbls, up 626,000. STEEL—American Iron & Steel Institute: Production this week scheduled at 31 per cent of capacity, low since Dec. 3, 1934, vs. 36.4 last week and 74.3 year ago. United Press Estimate: Steel ingot output this week 408,000 gross tons vs. 479.000 last week and 982,000 year ago. TRADE—Dun & Bradstreet: Retail this week unchanged to 2 per cent over last ‘week and 2 to 10 per cent over year ago; wholesale 4 to 12 per cent over year alo. WHISKY — Bureau of Internal Revenue: October production 7,877,273 gallons vs. 20,298,951 year ago; stocks end October, 449,930 vs.

352,619,055 year ago. (Copyright, 1937. by United Press) oe iin ————————

LOCAL PRODUCE

a rices quoted are for quick gath- > he CoatrY. while for deliveries Each case of

pounds and over, a old roosters, ge cks—White, 4% pounds and over, full terheron and fat, 1lc; colored ducks, 42 ounds and over, 9c; under 42 pounds, RN 11 feathered and fat. 8c; Indiana runner ducks, Sos Geese. 3 pounds and over, full feathe and f tter—No. Hage sii; 8G. a. 2, 3M@ ¢. Butterfat—No. "83¢.

N. Y. Bonds

By United Press BOND PRICE INDEXES

20 20 20 Inds. Rails Utils. caraanes 81.1 1.1 94.2 80.3 70.1 93.9 .. 82.3 70.4 94.8 84.2 74.6 94.3 Year ago 94.7 99.0 106.1 1937 high ..... 95.0 101.2 106.0 1937 low ...... 80.1 69.3 92.3

60 Bonds 82.1 81.4 82.5 84.4 99.9 100.7 81.1

Today Yesterday Week ago ... Month ago ....

10 MOST ACTIVE BONDS Net Month Year Close Change Ago Ago 3% + “4 4% 8% 62 84 15% Botany M 6'4s 34.. 10 e 39% S Pac 3%s 46...... & Loo. 10134 Chi Rk Isl 4'2s 52. 9% 103% 18 CMStP&P 5s 5.... 10% 121 20% N Y Cent 5s 2013... 13% 93% 99% Ill Cent 434s 66.... 3934 --133 46% 80 Penn R R 4%s 81.. 961% +114 102 1103 D Rio Gr W 5s 55. 5% + 3% 8

161% Bond transactions approximated $5,100,000 against $5,352,000 a week ago.

CMStP&P 35s 2000.. ChiNorW 43%s 49..:

U. S. GOVERNMENT BONDS Treasury Bonds Chose

Home Owners Loan Bonds 1949-39 1944-42 1952-44 102.21 Federal Land Bank Bonds

Ask Yield 101% 2.80 2.81

2 82 2.78 2.31

101. 100.24 102.21

July 1955-45 . . 1956-46 1956-46 . y 1955-45 .. 1046-44 .. 1958-38 .. 1958-38 .

br at NE

Chic Alt ref 3s 19. Chi Bur Qu 5s 71 . Chi East Ill 5s 51.

£0 = C0 C0 1 i UY ht = 00 TV ob 1 00 C1 3 60 m1 4a IY I pin 1b oi

taal pad AN RS

Chi R I 4'%s 60 Chi RI ref 4s 34 ct.... Chi Un Sta 33s 6 TN Chi W Ind 4%s 62 Chi W

do 0 NY

Cons Oil 32s 51.. Cons Edfs 34s Con GNY 4lcs Consu Pw 3l2s Contain Cor 6s Dayt P&L 3':s

03 Naa

Keith ref 6s A Krege Fou 4s 45 ...... 9 123 Gas 5s 39 Leh V Pa cn 42s 03. Long Isl ref 4s 49 Lorillard 5s

Lou & Nash McKe & R 52 eh MSPSSM cn io set’ MKT adj 5s Mo Pacif cv 5s 49 Mo Pacific 5s 1 81 . No Pacine 5s PF. 97.... P 3%s 51%w.. Nat Sten! 4s 65 Nw Eng T&T 55 52 .... N Y Cent ref 5s 2013..

NYC StL 4%s C 78 .... NY Edson 3's 65 |...

148 Pere Marq 5s a 56 .\.\. 1% Phil Rd Coal 6s 49 .... Ehiliphige & 37

Reading 415s A 97. Reading 45s B 97. Rem Rd en 56 . Rep Stl C 45s 5% Rep Stl 45s ot: StLSF 4s A Seabd Air Yin 6s ow Shell Un O 3! Soc Vac 35s 8% ° So Pacific 4!%s 81 So Pacific 4'2s 68 So Pacific col 4s 49 Sou id 615s 56 6s A 56

ThirdAv adj o 60° . UnPac 1st 4 UnitedDreg. is ‘53 US_Rubber 5s 47 . VaRy Co 33s 66 . Yoash 515s *A75 dees Wabash 5s D 80 WarrenB 6s a West Union WheelStl 42 % *66

FOREIGN BONDS

Argent 4!5s 71 Australia 3 55 .

76 6638

U. S. STATEMENT

WASHINGTON, Nov. 26 (U. P.).—Government expenses and receipts for the current fiscal year through Nov. 24, compared with a kT ago:

t Yea Expenses .$3, 024 182 044, 77 $2, x 305, 828. 16 Receipts .. 2.265.1 57,312.51 1,612, 1386. 1363.51 Deficit ... 759,004,732.26 1,229, 919, 464.65 . 2.621. 331, 338. 49 1,422,261,468.23 845.181. 1 94 471.26 Pub. Gent 37.087.769.936.29 33,798.210.341.66 Gold res. .12,774.037,038.79 11,162, oe ae 438 Customs .. 13 38 "7. AL 113.5 6.87

tal pur Inac. gold ote 922.24 $1, 249. 480, 514. 95

INDIANAPOLIS CLEARING HOUSE Sisarings

bit Clearings for Week . Debits for Week

FOOD PRICES

CHICAGO, Nov. 21. (4. Wy McIntosh, $1@1 Tennessee, bu.,

Illinois yellows, 85c@$1: Idaho

Bla

THE INDIANAPOLIS TIMES

PAGEL

—

Net High Low Close Cio: Abbott Lab .... / . Acme Steel .... Adams Exp . Addressograph. Air Reduc .... 50 Air-Way El . Alaska Jun ... Allegh Corp .... Alleg Corp p pf 15 Alleg Cp pf $30 1412 Alleg Steel .... 19% Allen Indust .

Amerada a Bank Note 14'2 Br Sh . 33% 85!

HHH HH

tt CODD CO

Car 8 Pr pf 423, Chain & C 177% Com Alc ... 16 Crys Sug .. 16% Enc Til .... 34 Am & F Pwr .. 5% Am&F Pwr $6pf 214 Am&F Pwr $Tpf 26% Am&F Pwr 2 pf 12% Am-Haw SS ... 12% Am Hide & L 33% Am Hide 7s L pf 22% Am Home Pr .. 35%

ttt

«IDEN BIB JRO AI OND ad

+++

Am Zin Anacon da Anac W&Cable

Armstrong ck . Arnold Const .. Artloom Asso Dry Gds . 5

+t;

Atlas Pdr ... Auburn Auto... Austin Nich ... Aviation Corp..

Fb |

Bald Loco ct vl Balt & Ohio . Balt & O pf ... 1 Barber Co Barker Bros Barnsdall Bayuk ~5 We Beech N kg Hem Borin Avn Best & Co Beth Steel

Bigelow San .. Black Decker.. Blaw K ed Boeing Air .... Bohn Al Br ... Bond Stores ... Borden . Borg Svarner oo Bower RB .... 21

+++ | HHH

Bklyn Bruns- Balke 3 Bucyrus- Erie .e dd Mf .

T0000 00 eR A

~oF

FREER

GG) a] dG) Le

Burlington M .. Burroughs .. Bush Term deb Butler Bros . . Butler Corot pf. Butte Byers, ey Pum

OPN

a -

+++

Cal Packing . Callahan Zinc.

tps r

CEE

w =I O00 Ws L100 BO BD

Carpenter Stl 17 Carles 3 ee en 9 2 3

J Car oa: T Celanese vo Celotex e Cent Aguirre .. Cent Foundry Cent RR NJ .. Cent Viol Sug. . Cerro de Pasco. Certain-teed .

—

CO MN WB ee BIBI BI ia DO +: +++ ++

C Chi & Nw Ry Pf 2 Chi Pneu T - SpirnTool cv of 2912 SB sore 1

City Blores Clark E 241 Cleve Euiin Br 2417 Cluett Peab . 15 Climax Moly Co, So

Ai 26 Col Fuel & Iron 13% Col Broadcast A 19 Col Eroadcast B 18!2 “hh 10%

8 Col Pictures vtec 16% Col Carbon .... 7314 Com Credit .. Com Cred cv pf Com Inv Tr 4 Com Solvents’ . Comm & Comm & So Oot. Cong-Nairn ve Cons Aircraft.. Cons Edison ... 27 Cons Fil raent Cons

FFF LF EERE EEE ERE EERE HEL RE

Cont Bak pf.. Cont Can Cont-Dia F.... gon ns, Cont Mot Cont Oil Del .. Cont Steel Corn Prod Coty . Crane Co Crane Co cv “pf. Crosley Rad ... Crown Cork .. Cr Cork cup xw Crown Zeller . Crown Zeller ii Crucible St 31 Cub-Am Cudahy Curtis Pub .... Curtiss-Wr Curtiss-Wr A .. Cutler-Ham .... 24

LOCAL ISSUES

(By Indianapolis Bond & Share Corp.) The following quotations do not represent actual bids or offering, but merely indicate the approximate market level based on buying and selling inquiries or recent transactions.

BONDS

gna a xel (TH) 4lis 61. H Tel & T tis 55....

EERE

Asked ..100'2 103 2 105 1062 Indiana Tel Co 5 Ind Railway Inc 5s 67

Muncie Water works 55 65 .. Noblesville H LL & P 6'%s 47..100 Ohio Tel Serv 6s 47 Pub Tel 4's 55 Richmond W W 5

[ H Water Works 5s 56. . H Water Works 6s 49...... i Water Works 6s 49......100 [rac Term Co 5s 57.. . STOCKS Belt RR St Yds com ........ » 83

I £ T n T I 5

4 Mallory com N Ind Pub Serv Co pfd Sa% N b v_pfd

ute oe au mp pra. n Van Sm .

(By Mb orist & Coy Market St. Jpvesting Corp... 22.23

15 MOST ACTIVE STOCKS Net Close Change 553% 34 181% 112 59's 3s 3612 238 187% 1 23 15 30% 8 42 2s . 01% 4914 503% 238 43% 4's 43% 13 5's 5 5 1s Col Gas&El . 103 10'% 103% 5g Elec Pwr&Lt .. 147 14'2 14% 1% Balt & Ohio .. 123% 11'2 1214 1s Int Nickel 41 4238 + 23%

Transactions approximated 1,140,000 shares compared with 1,230,000 shares last Saturday. Curb transactions approximated 186,000 shares compared with 107,000 shares last Saturday.

High Low 5412 1738 5% 3414 183% 23g 291g 4034

U S Steel Rep Steel Chrysler Gen Motors New York Cent. Commonwlith So Anaconda Cop.. Gen Elec Beth Steel United Corp Packard

363% 19% 21% 30% 42's

+++ I++

Net High Low Close Cloze

Deere & Co ... 23%

Diam Match ... Diam T Mot .. Dist Seag .... Dist Seag pf.. Doehler D Cast Dome Mines ... Douglas Air ... Dow Chem ..

th tr

East R Mil .... 634 East Kodak ....150% Eaton Mfg .... 2004 Eitingon Sch .. a1, Elec Auto L ... 212 Elec Boat 7s Elec& Music Ind 414 t 1473 45 48'a . 25, Elk-H Coal pf . 212 El Paso Nat Gas 19's Eng Pub S .. 758 Equit Bldg Erie Erie 1 p Eureka Vac Evans Prod

boo

8 1304 Fair Morse

Fed Fed Dep Fed Dep. st cvpt 8 Fid Phen 284 First N Strs .. 32%, Flintkote 19% Food Mach ... 30 Foster Wheel .. 19% Freept-Sulphur. 22'2

+++ HHH HH

Gabriel A 2Y, Gair Robt . Gair Robt Ga Gen Gen Gen Gen

cigar -.. rie

DE FR

Motors .. 8 Motors pf.115 Out Adv.. 5Y% out A .... 27% Pub Sv ... 2% Ry Si . 20 Rty& vee 20a R&U pf .. 187s Refract .. 24'2 Thtre i 1412 ™R ....- 12 Gillette S .e 1054 . 10%

. 263% 27, 3a 18's oo 5434 .. 213 . 82

Goodrich pf Goodyear . Goodyear pf Sotham Hos .. 43% Graham Paige... 2 Granby 433 Glidden rts. .... Vs Granite C 1.. 1534 Grant W T . 26

Curb Stocks

By United Press Net High Low Close Change Aero Sup 3 31% 3% + VY

Ala Power 6 pf 63% 633 63% Alum Ltd 71 71 Alum Co Am ... fai: 82 82 Airlines ... 11'2 1112 Xx Brd .. 10% 101% Cvan B ... 233% General .. 1 Maracaibo Super .. N Gas A Austin Silver Bald Loco ws . Barium Stl ...

15% 26

+ 134 +11 4 61%

Can Marconi Carrier Corp Cities Serv .... Sitley Nery s of.

+4441

2 Cor Mas 2 Cooper Bes “ Cord Corp .. Crevle Pet

+++++4-7

c Fl + J:

Jones & Lau stl Lion Oil 17 Lockhed Air Mich Bumper .. Molybdenum .. Nat Rub M ...

A i i A

Prudential PS Ind 6 pf ... PS Ind 7 p pf.

+4+=++4+.

Sunray Oil Technicolor

+++:

18% 91

37% 2

_Bv United Press

FINAL NEW YORK STOCK QUOTATIONS

Net High Low Close Close . 29 28% + 2 Gt Nor Ore ... 13'%2 112 Gt hid Sue. | 2915 2 Gre HL 1 Grey Round ce. Gulf Mobile No

Gt North pf

+4444

Hall Print

HHH FE

Hudson Motor Hupp Motor ...

11 Central

OID LDU +t CD =I OD =1D -1 & x =

HEH

BD Ce Nowe

pr pf ... Business M.135 Jaryester 150 nt Hyd EFA’ . nt He rie . RITA TForeltn nt Mini . nt

— nw wo

nt t

0 2 +++++1

Ta Va 122 1134 — Jewel Tea ..... 54 Johns-Man 787%

53'2

1. i

Kalamazoo Stv . Kan C Sou ... Kan C Sou pf .. 2 Kayser Jul .. Keisey-Hayes B 6 Kennecott ..... 3 Keystone Stl Kinney Kresge SS ..

Kress Shears 3 Kroger G & B .

| +++ +4 +++

Lambert «...cee b

ew’s Loft Inc Lone Star Cem Long Bell A ... Loose-W Bis ... Lorillard . Jou G& EA Lou & Nash ... Ludlum Stl ....

++ EEE

1 i

++ +4

Mac adison sq &

28 "El mod std arine .e arshall Fld artin Gl _. asonite Corp.

Metall corp ... McCrory McGraw ntyre Porc.

THEE HE

K & Robb pf .ellan St ... Mead Corp 14 ead Cp pPIBWW elville Sh ... 48

HAH

M Mesta Mach ... Miami Cop Midcnt Pet .... Midland Stl Minn Hny 61 Minn-Moline ... Minn-Mol pf Mission Corp ..

1 i

+++

Munsingwr Murphy G C Murray -. Myers & Br Monsanto of

+ | +++ HEF EE EEE

oe, 26 ..109 Nash Rely Nat Acm Aviation oe

LE IE IE dedi ad ad Wn 00 pt wT ie TY DD wd et pt Od LD GAA ORE ARN

Distillers .. Gypsum ...

a 0 i ee i

++++++| +4:

HEH]

++.

Nore alk

Ohio Oil 127% Oliver Farm Eq 3

Otis Steel .... Otis Stl ev 1 pf Owens Ill Glass

+ ++++1++

Pac Am Fish s 11% “ee | ver 09 .. 12% . 13% ves BY Paramt Pict .. 131% Para Pict 1 pf. 95 Para Pict 2 pf. 12%

FFF

By JOHN

extent of Government interference with industry has been grossly exaggerated. It is all right for those who hate Roosevelt and for politicians who wish to discredit him and for certain business leaders to want to destroy him to blame the depression on him. But that is not only unfair, but is, what is much more important, the merest distraction.

It is all right for Roosevelt to have claimed that everything that is good was planned by him and that he has brought a new order into the world. That also is just so much preposterous nonsense. But the ordinary businessman who has a business to operate and the ordinary man who has a job to protect—he is not interested in the battle of hates and vanities between these various people. This is a plain hard-headed business proposition with him. And he knows that business is in the hands of businessmen and that they cannot escape their own responsibility by sitting around weeping and crying for the Government to do something. It is also stupid of the Government to keep on calling on businessmen to expand, to invest, to build. It is just so much waste wordage to

put up more houses. People do not

PUL. Wp, Hotes a & patelotic Hoes

Business Groups Must Lower

Price Schedules, Flynn Advises

T. FLYNN

Times Special Writer

NEW YORK, Nov. 27.—Everybody. is asking what the Government will do or can do to revive lagging industry. A much more important question is—what can business to about it? After all, business is operated by businessmen and not by the Government. The Government may have dipped in here and there.

But the

sure or gesture. They build them to make money out of them. There are two things the matter with business. One is the failure of investment and the consequent contraction of purchasing power. The other is the contraction of purchasing power through high prices. The first one is not so easy to deal with. Perhaps the second one is also difficult. But businessmen can do something about that. Business groups have simply got to understand that if they persist in their price schedules they will not only not get those prices, but they will find themselves in profound trouble after Christmas. If business would not set in motion a widespread, well-backed and publicized job among the producers and retailers of the country to put prices down they could do something to stem the tide which now sets in against them. In late 1931 I toured the counWon visiting merchants. In every town amid the general depression I found at least one merchant in every line doing a good business. He was invariably the merchant who saw the handwriting on the wall quickly and chose to dispose of his stock at low prices. He helped HE but he also helped the Souiizyy Jor

demand that the nation’s builders |dustry

MARKETS AT A GLANCE

Stocks strong in moderately active trading. Bonds higher; U. S. Government issues irregular. Curb stocks strong and fairly active. Chicago stocks higher. Foreign exchange steady in relation to U. S. dollar. Cotton futures firm as much as 75 cents a bale. Grains in Chicago: Wheat off 3% to up % cent; corn up 5 to 4 cent. Rubber futures firm. Silver unchanged in London at 1911-16 pence a fine ounce.

High Low Close Qlove “ae A 24 . 25% ne 30Y, Parker Rust Prt 17% 17% Pathe Film ‘ ela 6%s Patino Mines .. 11 4a

“3 Ya

Plymouth oil Poor B

Port Ric-Am A Port Ric-Am B. Postal Tel pf . Press Stl Car .. Press Stl 2 Proctor & . Public Serv .... Pullman Pure Oil Purity Bak

a piney

HHH

8) estos . Rea “ - 3 Reading 2 of.. Real Silk

Reliable Stores. 9% Rem-Ra nd 14 Mot +e 2% Republic Stl ... 18%; Revere Cop ... 175% Revere A 0: Reyn Met ..... 183 Reyn Spring ... 10 Reyn [ob Bs Rubero Richfield oil."

Safeway St Jos Lead BR Fran pf. Savage Ar ..... Schenley ulte R

South Pac South Ry -. South Ry pf .. Spalding Sparks With . Sperry-Corp ... Spicer Mfg ... . 1134 . 2

BI DIRIBD BIND SD oo

3piegel Inc ... 3quare-D-B td Brands 87a Brands pf. 1104 td G & E . Ya

— 4 Bn 3

127%

£ S Su Esra Min Superhtr

Superior Oil ... Superior Stl ...

BO et pt ht BD pt Be et ht 1D CO CD DIDI

DoE IDNWD » @»

a a a oo i i oo lB

Sine Sou .

Tenn core sean Texas C otp Joist EO Prod

+++++4++

Thatcher Thermoid

42 11 6% 8% 37% 21% 5% (EY

Transamerica .. Trans & W Air Trans & Wms. Tri-Cont 20th Cent-Fox .. Twin Cy RT . Twin Coach

DAE

2 3 8%

48% 102 67% 19%

Und Ell Fish ... 50 Union B & P .. Union Carb .... Oil Cal Pacific 87% Pac pf 82 Ajrcraft Cp. 18% Air Lines ... 8 Am Bosch.. 30 Biscuit 18Y 18'2 Carbon ... Carr Fast . 2212 United Corp Va United Cp pt Ts United Dru

~ ad Ne as

++++++ +4444

—

ony

reid

FH EEE

adadqaaaadagaacadac NNBDNNNNHNNNHND wm |

a = no Ss

Un Syelo: ssl i Ti NFL A... 1% i cee 17% a, 28 Y 261% 2604 We 43, 8's 10% 9%

Vanadium Van _Raalte va-Caro Ch ... va-Car 6 pf .

16% 2

HHH

Wabash pf A .. Waldorf Sys

Cre oF

Ey et OWDRWNDDDS

Warner Bros Warner Br pf.

Waukesha Mot.

21% 39 5

[HHH HEHE FE HE HELE Oe . — pi .

20% 3

FOREIGN EXCHANGE NEW YORK, Nov. ad: (0. P.)—Opening | gr

Zenith Rad ... 10% 3% 3

| +

foreign exchange

nn RR 1 Bs by

frane) ....

park) tira t) “(gu fe hemi en : n

RoR

hors

«203% 314 ©

It: iy ure,

NA | Ah ro al - 333

WHEAT FUTURES DROP FRACTIONS IN ACTIVE TRADE

Weakness in Foreign Marts Eases Grain Prices in Chicago.

CHICAGO, Nov. 27 (U. P.).— Wheat futures on the Chicago Board of Trade today shifted up and down within a restricted range on both sides of the previous close. At the close wheat was 14 to 3% cent lower, December, 90 3 cents; corn was 's to 4 cent lower, December, 533% cents and oats were % to 14 cent higher, December, 303% cents. The opening was mixed with May showing conspicuous strength but the bearish import of the fact that Liverpool did not profit fully by the rally here yesterday was responsible for further declines. Weakness at Buenos Aires contributed to the downswing. Extreme strength in securities and commodities brought out a trade of considerable volume, Small selling was absorbed for the most part and prices showed some ability to rally. According to reports there was very little export business in North American wheat done overnight, comprising about 300,000 bushels, mainly Manitobas. Corn at the opening was steady to a fraction higher with commission houses buying May in fair amounts, Quotations held closely to previous closing levels throughout |2 the session.

CHICAGO GRAIN

RANGE Open High Slia $ 90 SlYs .893% 86,

f 8 8

54's 57 577%

92% 94

8.85 8.90 a, ask: b, bid; n, nominal,

oo go3

CASH

Wheat No, 5 red, 84'2c; No. 4 hard, 93c; Ne. mixed, 86c Cor ar 3 SE ixed. "5415¢: No. 4 mixed, 5074 @ 52bac: No. 5 mixed, 48'2¢; No. 2 yellows, 54%@55%¢c; No. 3 yellow, 52@54 Vc: NO 1 fo 5 yellow, 0.

h Ja NS white, 31%c: 2. 67%c¢; ‘No. 3 re %8 @60c: malting,

leaf, $8.37 nominar: $12. 75 nominal,

LOCAL GRAIN

CASH

Wheat market steady, no tines. No. . No. 2 red, 85 ig No. 1 No. 2 red, 84@ steady, recei iy "42 car3 Neo . @46c; No. S whi, 2@ 44c, 4 yellow, cia ac No. yellow, 4015 43 2c: No. 4 mixed, 41@43c; No. 5 mixed, 38@40c. Oats market steady. receipts three carloads. No. 2 white, 20@30c; No. 3 white, 28@ 29c.

ask;

WAGON WHEAT

2 SX grain oh elevators are paying for No. Ted 2c; other grades on their merits. anh corn, new No. 2 yellow, dlc. Oats,

c. LIVERPOOL WHEAT Prev ose

srrenins REN 13 1.13% RE

WINNIPEG WHEAT

Clos Clo 1.11% $1. 1105 1.00% 1. 10% 1.08% 1.10% 1.06 1.06%

May

Nov, Dec. May July

Chicago Stocks

By United Press High

High Low $1.117% $1.10'2 § 1.107: 1.09'2 a 1.00% 1.05%

Low Close 37... I

Am Pub Dery pl Armour & Co Aro Eauip, Corp

NNER RAN ae =

- FO

aps

a a a NONAATE eeEN a

—- -

—-

OD TY CD BD TBD Be et BD 3 Fd

oo — ID OY COE ND AID

Ne Ow » ~ OF OD TN in TC Ue C0 8 BD wT BI + it BD >

— ot BD bt tC ot pt pt BD et Ca pt BD et —— Ea

RAIN WWN WW

oa LE

min vn Ce 83 Ld RF

8 a

CHICAGO PRODUCE

, unsettled; receipts, 2558 aded firsts, cars, 24c; less “Hic extra firsts, ME 2c: 23¢; fresh dirties loc: fresh’

i 6c; checks, 17¢; revi ast 18%e; frigerator firsts,

cases;

hy rosers, 146 Vac;

19%@

Porker Prices Gain 25 Cents; To $8.65 Top

Hog prices advanced 35 cents on all weights of butcher hogs today, according to the Bureau of Agricul tural Economics. Top advanced to $8.65 on choice 140 to 180-pound averages. Sows continued to move at steady prices from $7.25 to $7.75. Cattle trading was nominally steady. Compared with the close last week slaughter steers were steady to weak, bulk comprised shortfed offerings cashed from $7.75 to $7.95. Beef sows ended weak to 25 cents lower, while cutter grades were fully steady. Heifers sold from $5.50 to $7.50, a few lots moved at $8 to $9. Best cows cashed at $6.50 to $7. Bulls had a practical top of $6.50. Sheep and lamb trading today was on a nominally steady basis, Compared with the close last week, native and fed lambs and slaughter sheep are 75 cents higher. Closing bulk of fat lambs was from $9.50 to $9.75, the latter price represente ing the week's top and paid on the close for both choice native and fed Western offerings. Fed yearlings scaling 98 pounds brought $8.25 in the late week trade. Slaughter ewes ended within a spread of $2.50 to $3.50, with a top of $4 on choice lightweights.

Receipts 900

do 1) owx

853333 3 wn

a =

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8.4 Light MH hts— (81 Good and

and

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99 SSD Pd 9A 8 oo

®® 9993 ®m» wan OOM=ad

choice. .

choice... choice. . choice. . choice..

choice. . pac choice. . ac 2

( (350 3

simmer B (100-140) Good and choice..

Dr MID BIW ah ND PDD won OOOD

on a3 S&S 53

—Receipts, 30—

—

(550-900)

——

(900-1100)

.e La PWIDWRAIWNND ID OOOO ULO rt

—

(1100-1300)

g3gkzran 2383388333233 PPOOUNUOOOIIVOD

—

(1300-1500)

09990

bt PAPA 352 23% 1 ONS RED we

wa Sd

(550-750)

Good and choice... Common, medium.

(750-800)

ood Common, ‘medium . Low cutter and cutter ..

Good (beef Cutter, Ion and medium.

Vealers —Receipts, 235— god Sod choice ...... eeunue

(250-500) Sood and choice.. Tg. mmon, medium. 5.00@ 7.50 Rota and Stocker Cattle Steers (500-800) Good and choice. . mon, medium.

(800-1050) Good and choice. . Common, medium.

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Heifers— Good and choice Common and medium ......

ct ofl rm ood Sg 33 g3us

oD 9 83 9938

DN a OP ow ow 3333

Common and medium SHEEP AND LAMBS —Receipts, 200— Lambs— .

m Shorn Ew 90-175 ‘Good and choice.. 3.50@ 4.00 : "Good an medium. 2.00@ 3.50

Nov. (U. P.).—Hogs—Re= NViaki 2500 directs; mare livestock show rejects $8.30,

LR Cattle—Receipts, 2000; calves, 100: market, steady: strictly good prime fed yearlings, stea approximately 170 oes show rejects "sold or 3 $17.85. heifers, 25@50c lower: heifers, $6.25@8; cows, 15@25 . off; bulls, 250 higher: vealers, 0e low gh steady;

CHICAGO, ceipts, 3000, ket, steady:

market,

little changed; Sauhte hier hi

AYNE, Nov. 27 (U. P.).—Livestock: Hog y higher. 140-1€0

160 1 $6.35: 338-250" Le $8.15, $7.95; 300- iso 1bs., Ne: 25; 100-120 Ibs, ughs, sh stags, $6; lambs $9.2

INVESTING CO.’S Bid Ask 1 1218 Inge Bank Cag

00 1 65.00

$7. To. 120

$8. calves, $11.50;

. pt BA htt + Jato SB OH PHC OH SAD E SO®

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Ins Stk FizeR Tr A

PAN DEI

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rv + So.300_ 300"

etd Irth iaN0Y Das SIRI ers wel. 00 00 en

‘1958 3/Plym Fd A 5/Qr In new

ep- Tr w..|Re InCom 3.85 SAlInc new Fd In Inv 15.13 16.08/Sel Jncome rd Tr A 4.43 5.03 Sov

B 4.05 gu \ Gen Cap 28. 8.02 30.i3(8 d uth

Gen In Tr 4.80 StateStIn 74. Group hook |Cuper rCpA 2. icul 1.07 1.17 3 8 a i itlsuner AA

‘80 Sore new 92/Tr St In C

Boros DonVa Dam

y = a = - > w WONDOH S35 w< = a -

| BIRD re ARI ON NBJBRRWDORIO MU

00! Tr Ind . Inc 16.98/ USEL&PA 13. Instl See 1.

ities Le Bnk Grp 1.11 : Ins Grp 1.17 131 welth Fd 12. ————————————

COMMODITY PRICES COTTON New York 0s

96 13.84 1.95

93 14,21

Prev. Close Close December 2 7.97 January March May July Octob 827 Spot. 8.22; up .10.

NEW ORLEANS

1 20

8.04 {i 8.2 2 8.1 2

December january

December

January 712

SAFE DEPOSIT BOXES

% The *

Indiana National Bank of Indianapolis