davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
BY BEN STERN

"7IIHlN the next lew weeks
w probably will come the an
nouncement of Ira Holmes, Indian
apolis criminal lawyer, that he is
again a candidate for the Repub-
lican nomination for congress. He
has indicated that he will make his
campaign on a liquor law modiflca-
ton platform, as a year ago.
Holmes will seek the nomination
from the new Twelfth district. In
last Mays primary he made the race
from the old Seventh, which con-
sisted of all of Marion county. The
new Twelfth is that portion of the
county which includes the west half
of Center township and Washing
ton, Pike, Wayne and Decatur
townships.
A large part of this area is de-
clared to be wet" in sediment and
should afford Holmes a large vote
in the primary.
The attorney ran second in the
five-man primary last year, obtain
ing 1865 votes against the 1898 cast
for Archibald Hall, the nominee.
y
Indications are that John Bright
Webb, joint representative from
Marion and Johnson counties, may
take the field to wrest the Demo-
cratic nomination for the new Elev-
enth from DR.. w. H. Larrabee OF
New Palestine.
Larrabee was elected from the
old Tenth last year, but as a result
Of the congressional reapportion-
ment measure passed by the legis-
lature his district viii be the new
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
Other Livestock
By United Press

=, CHICAGO, Nov. 2l.-Hog+Receipts
2O;Qoo: including 10000 direct; market,
rather slow. weak TO 10c lower than Fri
day's average; some underWeights off
more; good to choice. 170-2lO lbs. S4.45m
40; top. .$4.55; 200-260 lbs, $4.4064 90:
medium, 140-160 lbs, $4.IO04.25: pigs
scarce; packing SoWs. largely 50; shippers
LOOK; 1900; estimated holdovers 1000
300; compared week ago:
strictly grain fed steers and yearlingS. Is
WoOc hlRher; long yearlingS and weighty
Sgee[S up most; common grades strong to
zoe higher; medium and good grades very
uneven, but mostly steady: all she stock,
25050c; mostly soc higher: bulls, 15@25c
up: vealers. weak to SOC lower; largely
short fed steers run: choice heavy steers.
very scarce. extreme top. $1275; best long
yearlings. STEPS: bulk fat steers. S7@1O.5O:
Slaughter steers widest in trade, history;
higher, but closed slow. mostly $4.75@6.25;
with choice Texas bred yearlingS up to
S740. Sheep-Receipts. 5000; today'S
market nominal: for week ending Friday
lib doubles. from feeding stations. IL 400
direct; market. steady to Csc lower than
week ago. decline on fat lambs feeders
strong to shade higher: c losing bulk choice
fed western lambs, S6M6.25: few $640 the
weeks top; good and choice natives, SIS rs
Q6: best earlier in week. $685.; choice
clipped come backs. SCOOPS: native throw
outs. $4@450: vearlings. .$4.50@5; fat ewes.
S1.75M2.50. Weeks bulk feeding lambs.
S4.2504.75: few S4.85.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
THEY TELL NE

| Eleventh, composed of Madison,
Hancock, and the east half of
Marion county.
Webb, who has a farm in Perry
township, is one of the most
popular young farmers in the
county. He is engaged in the
Rambouillet sheep business with his
father and they are known the
world over as result Of their ex-
port trade.
If the Marion county organiza-
ton decided that it will be expedient
to put a candidate in the field
against Larrabee, Webb probably
would be the choice.
His legislative record, as re-
vealed by the journal, never has
been criticised and liberal tendencies
are shown by his vote to save from
indefinite postponement the bill
legalizing medicinal whisky.
Larrabee is not viewed with high
favor in this county because of the
equivocating answer heg ave to an
Interrogation regarding his stand
on modification.
Any bill relating to prohibition
enforcement or modification-de
mands and deserves fearless and
unbiased consideration, just as does
any other question of public inn
portance or interest" Larrabee
answered.
This non-committal statement
drew from prominent Democrat
here, the opinion that 'Larrabee
evidently is taking firm stand
firmly astraddle the top rail Of the
fence"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
BrightSpots
of Business
Bv United Press

BY United Press
NEW YORK Nov. 21.-Electric output of
the Associated Gas and Electric system
for the week ended Nov IA totaled CO.
293, 566 kiloWatt hours. an increase OF )
per cent over the corresponding week OF
$780,
WHEELING. w. Va.-Officials of
Wheeling Steel Corporation announced
six sheet mills that have been idle for
six weeks at Martins Ferry. o., will re-
sumo operations Sunday night.
NEW YORK-Stanley Company of Ameri-
ca. subsidiary of Warner Brothers Pictures,
reported net profit for the year ended Aug.
81 was 81, III. 254. against S1,366,992 in the
preceding fiscal year.
PORTLAND, Me.-Electric output of
subsidiaries of the National Electric
Power Company in October amounted
to 119,4OO,OOO kiIowatt hours. an in
crease of 1863 per cent over October.
1890.
YOUNGSTOWN. o. - Republic Steel
CORPORATION is preparing for operation Eve
open hearth furnaces that have been idle
for more than a year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
Fishing the
Air

''Willful and Malicious Burning in Ar
SON. will be discussed by Dean Gleason
L. Archer of Suffolk law school during the
Laws that Safeguard Society program over
WENR and an MIC network.
1.-TWO Smiling Eyes" and Missouri
Waltz" will be offered as tenor and So
prano duets during the program over
WLW and an NBC network Saturday at
7:3O D. m.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
STEADY TREND
MARKS TRADE
FOR The WEEK
Industrial Efficiency at
Highest Point in
Decade.
BY RICHARD L. GRIDLEY
United Press Financial Writer

NEW YORK, Nov. 21.-Business
statistics were less favorable this
week, due to collapse of new spec
uiation in stocks and commodities
unfavorable sales" weather and
caution OF automobile makers plan
ming new model production.
AS usual, peSSimiSm was greatest
at New York Unseasonablv warm
weather restricted holiday buving
and steel production held virtually
unchanged.
Moreover, wage uncertainties in
the railroad industry gave concern
to some quarters which had hoped
for an early solution of the financial
difficulties of the railroads.
Propose Direct Loans
Deprived of their requested IS
per cent freight rate increase bv
the interstate commerce commits
sion, the nations railroads have
opened negotiations with labor ex-
ecutives looking toward a reduction
of wage scales.
A favorable development affect
ing the railroads was the filing of
their counter-propoSal with the in
terstate commerce commission pro-
viding for a revolving pool to fur
nish financial assistance to weaker
lines through direct loans rather
than through gifts" as was pro-
posed by the I. G. c. when it grant
ed the 3 to 4 per cent freight rate
increase.
Uncertainty in the railroad Situa-
ton has restricted the usual year.
end inquiries for rails and equip.
ment. Marketwise, railroad stocks
broke to new lows on another flood
of adverse dividend news.
Efficiency Is High
Meanwhile, smaller businesses
with less than average overhead ex-
penses have gradually strengthened
their positions. Efficiency of most
industrial units is the highest in a
decade. Any moderate increase in
general business would find inn
mediate reflection in earnings.
Action of commodity markets
which cheered the farm belt several
weeks ago have been less favorable
due TO peace rumors in the far east
and rainfall in sections of the
wheat belt. Considerable Specula-
tive buying of both wheat and
cotton in anticipation of heavy war
demand had buoyed prices.
The weakness in commodities
worked against security prices.
Automobile Demand Up
International conditions showed
little change. October foreign trade
figures showed further gain in its
favorable trade balance by Ger
many and corresponding adverse
balance by France. United States
October foreign trade improved
the favorable balance
showing loss of only SAT per cent
from last year, while the ten
balance was off So per cent
from the corresponding period Of
last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
w-JOnes
Summary

Minneapolis, st. Paul and saulte st.
Marie system, in ten months ended Oct
81. had net losa OF S. 535,4l5 after taxes
and charges against a net loss Of 81. 800. :
october net loss s6I7 $50 against net in
come Of si90,o74 in OCTOBER. 1880.
New York Gables opened in London at
3 72e7. Paris Checks 95437, Amsterdam
s.sl25. Italy TRIPS and Berlin 1918.
American Commercial Alcohol, Sep
TENDER quarter net loss, S219.Ss6 after
charges, against net loss Of SI65,779 in
the previous quarter and a net loss of
s105,745 in the September 1880 quarter;
nine months net less Ss62, 1927. against
a net profit Of S7O,1s6 in the like 1880
period.
zonits Products declared the regular
quarterly dividend Of 25 cents. payable
Dec. 10. OF record Dec. 2.
Philadelphia Company. declared the
regular quarterly dividends OF $3.50 OF
the Sc preferred stock and si.25 on the
50 preferred stock. both payable Jan. 2.
record Dec !
American Encaustic Thing Company
September quarter had a net loss OF
O74,377 after charges, against net
profit of S2I,405 in the September. 1880
quarter; nine months net loss S312,s1s
against net loss Of sI1,51 in the first
nine months of 1880.
Hiram Walker Gooderham and Worts
Ltd declared a dividend of 6H cents.
payable Dec. IS, OF record Nov. %. In two
previous quarters, payments Of 1914 cents
we're made.
Electric Storage Battery Co., declared
the regular quarterly dividend of 81 on
the common and preferred stocks.
Unaudited report of National Depart
ment Stores, Inc, for six months ended
July 81, indicated an operating loss of
S204,674 after charges and taxes against
net profit Of S416,1 39 in the first six
months Of 1880.
Canadian Hydro-Electric Corporation,
Ltd, in year ended Sept. 81, 1881 had
net income of S2.018,296 after taxes,
charges, depreciation, etc, against a net
income of $780, 69 in the previous year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
swine DISPLAY
STEADY TREND
AT CITY YARDS
Cattle, Calf Trade Slow
and Weak; Lambs
Steady.

Hogs showed little change this
morning at the city yards. The
week ended with prices at relatively
the same levels as Fridays average.
The bulk, ITO to 300 pounds, sold
for $3.50 to $4.75; early top holding
az S4.75. Receipts were estimated
at $500; holdovers were 1873.
In the cattle market slaughter
classes showed only a nominal price
range. Receipts were so. Vealers
sold off so cents at 81 down. Calf
receipts numbered 100.
Not enough lambs were on hand
to make market, prices remaining
quotably steady or at $3.50 down.
Receipts were 100.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
NEW YORK
NEW ORLEANS
COURT RECORD NOTES
END OF GABLE FIGHT
Final Report of Receiver for Taber-
nacle Is Filed.

A court record today bore nota-
tons which ended the long fight
of E. Howard Cadle for repossession
of the tabernacle he founded ten
years ago.
Samuel L. Montgomery, receiver
for Cadle tabernacle, today filed his
final receivership report in superior
court three, setting out disposition
of funds involved in the litigation.
Cadle recently held series of
meetings at which he raised suffi-
Gent funds to discharge indebted
ness on the structure. After the
receivership was filed the building
was used for prize fights and wres-
Ting bouts, but Cadle now has re-
dedicated it to religious and civic
purposes.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21

By Times Special
CHICAGO. Nov, 21-Carlots Wheat. co.
corn, 1872; oats. 81; rye. 2. and barley. 8.
By Times Special
CHICAGO. Nov 21-Primary receipts
Wheat SOS, 900 against 725. 900; corn, 547.-
900 against 677.O00; oats. $4,000 against
1873. 900. Shipments-Wheat. 1853 900
against 851. 900: corn. lat 900 against 258,-
600: oats, 100000 against 256000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
1000 M. P. H. Is Goal
By United Press

81 United Press
CLEVELAND, Nov. 21.-A Jun
kers an-metal plane, designed IN
lily 1000 miles an hour, has been
completed and is being tested at
Dessau, Germany, according to G.
s. Won Heydekampf. research en-
glneer for the Baldwin Southwark
Corporation Of Philadelphia.
Won Heydekampf told newspaper
men that after preliminary tests are
completed, the plane will be taken
into the stratosphere. where max
imum tests of speed can be tried. At
an altitude of $1,000 meters, the
plane is believed by its designers to
be capable Of 1000 miles an hour
speed, the engineer said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
HIGH SPOTS OF SATURDAY
NIGHTS PROGRAM

5:30-NBC (WEAF) Mr.. Bones and
Company.
7:00-NBC (WEAF)--CiVic Concerts
Service program.
NBC (WJZ)-Sketch, 1.-THE
Magic Bullet"
7:15 to -Columbia-Leopold Stow
kowski and Philadelphia SYM
phony to WFBM.
s:oO-NBC (wJz)-Chicago Civic
opera.
NBC (WEAF)-Arthur Pryor
and his orchestra.
S:30-NBC (WJZ)-First Nighter
drama. THE Beads"
9:OO-Columbia - Simmons Show
Boat.
10:15-NBC (WEAF)-Jesse Crawford
Musical Comedy Night"
00-Columbia-Guy Lombardo and
his Canadians.
i1:15-NBC CWJz)-Paul Whiteman
and orchestra.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
Legion Plans No Circus

THE American Legion has Moth
ing to do with arrangements for
any benefit circus in Indianapolis
this winter" John R. Hano, Twelfth
district commander, said today. An
nouncement was made following re-
quests for information on whether
the legion was sponsoring charity
circus.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
MARRIAGE Licenses

Harry ShupinSky. %. of $50 High street
grocer. and Beatrice Shower. 81 6fz Esst
Twenty-ninth. Saleswoman
Robert NARROW. %. of SGT E MICHIGAN
street. dining room manager. and Ethel
Mccain. 20, of 261 North Hendricks place
Harry SnisSen Jr.. IS. of 924 North East
street. COOK. sHc Sophia Pinder. 81 of
924 North East street
VIM. Jones. 26. Fl, Benz. Harrison. Ind.
soldier, and Lonettie Foster. %, of 27i5
North New JERSEY -'A'
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
New York Liberty Bonds

Nov. II
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
BIZ United Press

CLEVELAND, Nov. 1-Hogs-Receipts
600: holdovers none: steady to easier;
top. SIS on 160-225-lb. weights; others
downward to $3.50: pigs and light lights
mostly S4.75; compared week ago IS IA soc
lower: top. S5.15. Cattle-ReceiptS. rs;
compared week ago. steers unevenly to soc
lower: cows and heifers sharing mild
weakness: bulls steady: medium to good
ward. S5G6; common light kinds. draggy;
clearance incomplete; palmer offerings.
$3.50 and under: low cutter to common
cows. $1.5063.25. Calves-Receipts. 10; for
week. weak to soc lower: top, $3.50; bulk
IS: Gull to medium. S5G7. Sheep-Re-
ceipts. so: compared week ago. lambs l5n
25c OF more lover; sheep Setady to Csc of;
weeks top. $3.50: choice lambs at low
time largely Sc: weeks bulk s606 IS:
throwouts, s4a5 and above; fat ewes, 50
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21

New York Gables opened in London at
9.3l25. italy Tips and Berlin 1918.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
Bv United Press

CINCINNATI. o.. Nov. 21.-Butter
steady; creamery in tub lots according to
2gSc; packing stock. No. /; 25c; No, 2,
l7ci No. 3, l2c; butter fat. 29@ 3lc Eggs
Steady, cases included extra firsts sec.
tirsts. -27c: seconds. 2sc nearby ungraded
Slc. Live poultry-Thin and coast stock
sells only at heavy discount; fowls, lbs
and over, 1sc; 4 lbs. and over. l5c lbs.
and over, lSc; Leghorns lbs. and over,
l3c. BOOSTERS, l0c: broilerS colored, / h.
and over, &c.,. Y lbs. and over. Ice: 2
lbs. and over. Ice; fryers. lbs and over,
Ice; partly feathered loo; Leghorn broil-
ers. i ID. and over. Ice; IL lbs. and over,
Ice; . lbs. and over, l5c; Leghorn stays.
lac: black springers. loo: roasting chick
ems, lhs and over. lsc ducks. under 5
lbs. sell at liberal concessions; ducks
white. lbs. and over. l5c: under lbs,
l2c: colored. lbs. and over, l5e; under
lbs. 12c; spring guineaS. IL lbs and
over. i5c; lbs and over zoe; guineaS old
loo; turkeys. No. hens 8 lbs. and over,
24c; young toms No. ] 10 to is lbsl, 24c:
No. /. old toms. 22c; crooked breasted. Use
No. ?. lSc; hen turkeys, under lbs. and
toms under 10 lbs. sell at liberal conces-
SlOnS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
BvUnited Press

EAST BUFFALO Nov 21.--Hogs on sale
500: slow. weak to 10c lower; desirable
l70-2l0 lbs. SIS: few 100 lbs. $50. Cat
tles-,.-Receipts. 25; weeks supply moderate;
killing quality plain: good steers and
vearlines unevenlv steady to soc lower at
S5.50Ml0: lower grades and cows steady
to Csc higher; f1eShv grassers and short
feds S6m6.25: common steers and heifers
S4.75@5.75; fat cows, S465: cutter grades
81 500 2.75; medium bulls s3.75@4.S5. Cat
more under last week: slow at decline;
good to choice s7.5oGS: common and me
dium. 81 50G6.50. Sheep-Receipts.. none;
early loss regained: good to choice. S6.50d
SIS: medium kinds and Strongweights
S5.7566; throwouts. s565.25; sheep scarce.
firm.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21

UuIIo NJCdIIIIgs cACIuutuJ-
Good and choice beefs .. $3.50 AZ!
cutter. common and medium. 2.00@ 80:
CALVES AND VEALERS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21

Charlie FlagIer ard Ruth. heard over
WKBF here for the last wear. now are
making several appearances each week
over WLW. Their schedule for next
week calls for broadcasts at 2:15 D. m.
Monday. IL a. m. Wednesday and IL a.
m. Thursday. Central standard time.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
BIZ Times SpeciaE

$50; steady; bulk best slaughter steers and
heifers. s566; bulk slaughter COWS and
bulls 81 down; stockers and feeders. $4@6;
calves. receipts, ESQ; Slow barely steady
ers mostly 81 and below. Hogs-Receipts,
500; butchers over 300 lbs, S5c higher; ali
lbs. s4s5: 500 lbs. up, ss,75: IT'S lbs lbs
down, S4.25; packing sows, $2.7563.50;
stays, $3.50 down. Sheep and lambs-Re-
ceipts 100; nominally steady; best fat
amos. Sc; buck lambs SIS; throwouts. SO
down; fat ewes. 81 down Fridays ship
ments-Cattle. 800; calves, none; hogs,
none; sheep, none.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
Births
RnVG

Jesse and Thelma Michael, Coleman
hospital.
Charles and Myrtle Skirvin, Coleman
hospital.
Emery and Freda Brimberry IT'S North
Grant.
John and Martha winters. st. vincent'S
hospital.
Girls
Harold and Mary Tyler. st. Vincent's
hospital.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
By United Press

TOLEDO. Ohio. Nov. -close-Eleva-
tor prices: Wheat-No. 2 red, 62@6Sc.
Corn-No yellow. 48@49c. Oats-No. 2
white. S1h @321ac; old oats. premium to
cents. Rye-No. 2. sec. Grain on track.
28lac rate. Wheat-No. 2 red, 56a@57c;
No red. 1c premium Corn-No. Q vel
low, 421s 6431ac: No. yellow. 40@41 1ac.
Oats--No. 2 white. 281a@3Oc;- No. white,
27@29c: old oats premium to cents.
ary 1925: March. 1925. Alsike-Cash,
So so: December. $8.75; February, So:
March. $9.10 Butter-Fanc ycreamery; So
G34c. Fggs-Current receipts. 28032c. Hay
Timothy. per cwt.. S1.00.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21

Lord and Lady Dusen-Berry." a farce
comedy springled with moments of old
presentation of the Hank Simmons show
Boat Dramatic Company abroad the MYTH
cal boat. ''Mavbelle." to ne broadcast over
daY from to 10 D. m.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21

Weather conditions at a. M:
Southwest wind, 16 miles an hour;
temperature, So; barometric pres
sure, 1923 at sea level; ceiling, scat
tered clouds, unlimited; visibility, 25
miles; field, good
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
Produce Markets

Eggs country rum Loss off delivered
in Indianapolis, zoe: henery quality No. l.
23c; No 9 12c.
Poultry buying pricesJ Hens weighing
5 lbs or over. Ice; under 5 lbs. 15c, Leg
3l2 lbs. and up. lac; bareback, lie; Leg
horn broilers. 12c; spring chickens Az
lbs. and up lac under. 14c; old
cocks. 5000; ducks. full feathered &C;
geese &C. These prices are for No top
quality quoted by Kingan & Co.
Butter WHOLESALER No / 30031c: No.
, 28M29c.
Butterfat-29c
Cheese wholesale selling price per
pound American loaf. 2334c; pimento
loaf 2534c; Wisconsin firstS. 19c: Long
horns. 19c: New York limberger. soc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
BIZ United Press

PITTSBURGH. N. .ov. 21.-Hogs = Re-
ceipts $500; market weak to Csc lower:
l60-2lo lbs. mostly SIS; 220-290 lbs. s4.75
MS: packing mostly. $s.7564. Cattle
Receipts. so: market, nominal. Calves
ers up to IS: most medium kinds. s5G
7.50. Sheep-Receipts. 50o market fairly
active. steady; good and choice. 5S-60-lb
lambs. s5.75@6.50; medium grades, s4.75
$3.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
DELAY CAP0NE APPEAL
GangSter Probably Will Remain in
Cook County Jail This Winter.

Do UNffed Press
CHICAGO, Nov. 21.-Al Capone
probably will spend the winter i'm
the county Jail. His attorneys
have obtained delays on their ap-
peal OF his income tax evasion case
which indicate no order sending him
to Leavenworth penitentiary can be
cleared before the middle of Feb
ruary.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
Golden Date Near

bH iNItN NptCtuI
NEW WINCHESTER, Ind. Nov.
2l.-Mr. and Mrs. William Buch-
anan will celebrate their fiftieth
wedding anniversary Nov %.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-11-21
BY ELMER c. WALLER
United Press Financial Editor

NEW YORK, Nov. 21.-Stocks
swung back and forth in highly
confused trading today.
According TO preliminary calcu-
lations, the Dow Jones 81 Co. indus
trial average stood at 97.39, off 81
point; rail average 45.35, up 90
point. and the utility average at
$3.50, off AZ point.
Sales totaled 873, 568 shares, COM
pared with 1,134,175 shares a week
ago.
The action of the stock market
paralleled that on grain at ChicEgo.
Stocks and grains started out firm,
rose fairly easy in the early trad
ing and then turned about more
rapidly than they had advanced.
Steel Makes New Low
After United States Steel had
been down to new low since 1915
at so, off more than three points
from its early high and point be-
low the previous close, the market
met some support and rose from
the lows. Toward the close further
irregularity developed but the list
closed generally above the lows Of
the session.
Uncertainties of the Manchurian
and German debt situations were
among the bad news items over
hanging the market. However, they
were ignored when grains rose at
Liverpool before the opening here
and when the Chicago market
opened higher.
Copper Holds Well
Railroad shares demonstrated
they still were vulnerable TO attack
after Steel dropped to new six
teen-year low. New York Central
made record low at 369s, and
Union Pacific made new low for
many years at 90A. Both rallied
later and closed above their lows
with the general market
Copper shares held well, as did
motors. Utilities declined in the
early selling and rose fractions to
a point above the lows. A few spe-
ciaI issues experienced wide breaks,
including Maytag first preferred at
40, off 10, and National Lead 90,
off 8. On the whole, however,
movements were relatively narrow,
and at the close changes we're small.