PAGE 15 DEC. 9, 1929. THE INDIANAPOLIS TIMES SWIFT CO. MAY SPLIT HEAVY OEW<*ND New York Stocks WHEAT PRICES Business STOCKS FIRMS CAPITAL STOCK SHARES PGBKER PRICES Propose to Charge Each Unite Into —Dee. 0— Fonda— — — Prev. Am Bug Rfg 62 62 62 61% TAKE and GET Four for Convenience. GAIN 25 CENTS Pkg DROP DN NEW Cudhav WILL Railroad*— High. Low. 12:00. close. 46% FORCES/WOTOR Atchison 232 232 232 230 Beechnut Pkg 65 Bv United Press At! Co*st Line 180% California Pkg. 68% 68% 68% 68% CHICAGO. Dec. 9.—A proposal to Balt * 0hi0... .118*a 118 118 117% Canada Dry 69 68 68 68% Canadian Pac ~193% 199% 199% 199% Corn Products. .101 99% 100% 98 change the company’s capital stock 49V, Finance & % Cont Bak A 48% AT Chesa Ohio. 209 209 2P9% 209 49% 49% CHICAGO BOARD SPEED TICKERS STOCKYARDS HIGHER from 1,500,000 shares* of SIOO par SHrfS Che.a Corp .... 62% 61% 61% 62 Cuban Am Sug.. 7 7 7 Baldwin 31% 31% 31% 31% Hershey 79% 78 78 Business of the Real Silk Hosiery value to 6,000,000 shares of $25 par Grand Union .. 14% Chi & N West.. 89% 69 89 89% 14% 14% 14% value will be voted by stock- Chi Grt West 12% Grand Union p ... 37% Mills is running at the highest rate on Jewel Tea 48 48 43 47% Liverpool's High-Geared Machines to Swift & Chicago Lambs Scarce and Steady; C R I & P 121 121 Auburn Auto Stock Gains 5 120% 121V* Cheese 37% Weakness and holders of Cos., Del At Hudson.. .. 128 Kraft ...38% 37 37% in several years and the holiday packers. Del Sc Lacica 148 148 148 147% Kroger 54*, 53% 53% 54 meat Jan. 9. it has been Points Erie 63 62% 63 64% Loose-Wiles 58% 57% 58% 56% Large Offerings trade outlook is very promising, Por- installed in City by president. Vealers Lower at in Early Biscuit 189% 189*, Are Be announced L. F. Swift, ... Nat! 189 189 Erie Ist pfd ... 83% 100% 100\ 101 Natl Dairy 54 53% 54 54 ter M. Farrell, president, said today. The purpose of splitting the capi- Great Nor 100% Gen Foods % 51% Gulf Mob Sc 011 38% 38% 38% 38 51% 51 Vi 51 Main Factors. Earnings for the first nine months Soon. tal stock on a four-to-one basis is Sl6 Down. Session. 111 Centra! . • 131% Loft 4% 4% 4% 4*4 Stand Brands.. 31% 30*, 31 31% Lehigh Valley .. 79 79 79 of 1929 amounted to $6.G7 a share to make it available to more small Bulk. Receipt* Kan City Souh 84% 84% 85 Ward Baking B 5% Bu United Press Inauguration of a system of new Dec Tnp 84% Tobaeros— on the common stock. According investors. Swift present stockholders 2. $9.65 $9.75 10,000 Lou & Nash 133% CHICAGO, Dec. 9.—Wheat prices high-speed stock tickers in New 3. 9.65 9.75 & 43 Am Sumtra 24 24 24 24 Farrell, earnings should be woul be given four shares for each 13.000 Average Stock Prices M K T 46 43% 44 to 1929 4. 9.50 9 50 Mo Pac pfd 136% 136% 136% 1355% Am Tob B 212% 211% 212% 211 opened lower on the Board of Trade York today by the Western Union 13.000 130 180% Con Cigars 48% 48 48 47'% $lO a share. one they hold. 5. 9 25 9.25 10.000 N Y Central 180% 179% General Cigar... 54V4 54% 54% this morning as a result of the Telegraph Company was the first 6. 8.25 9.35 8.000 N Y C & St L 131 The company’s 250 branch man- The company’s capitalization will Average of twenty Industrials for Sat- NY NH <fe H... 112% 113 Lig At Meyers... 98% 98% 98*, 98% weakness at Liverpool. there toward bringing Indianapolis 7. 9.35 9 35 3.800 urday was 263 46. up 3.34. Average of .1121s 112% 18% Prices agers from parts of the country step 8. 9.60 9 60 Nor Pac 94 94 94 94 Lorillard 18% 18% 18% all remain the same, $150,000,000, the 7.500 twenty was 151 64. up 36. Average R J Reynolds ... 52% 52% 52% 53% were cents to I*l cents and other cities of the nation apace rails OSc W 15% 15% 15% . lower, will meet in Indianapolis Dec. 13 addition, of forty bonds was 94.57, off .01. 82% Tob Products B 4 3*4 3% 3% president said. In it was Pennsylvania .. 82% 82'% 82% pressure Cigar 5% 5% due to of large offerings of for their conven- with Wall Street’s era of 8.000,000- Hogs largely 25 cents higher ... United St. 5% 5% and 14 national were Pere Marq ... 183% accumulated surplus of about $76,- ItV 1 sited Press Schulte Ret Strs 7 6% 7 7 new and old Argentine India share trading Seab'd Air L.... 9% 9% 9% 10 wheat. tion. days. 000.000, which would give the new today than Saturday's best prices NEW YORK, Dec. 9.—Heavier de- Southern Ry ..137% 137% 137% 138 was reported buying wheat from Six brokerage firms in Indian- Southern Pac ..123 123 123 123% stock a book value of about $37.50. at the Union stockyards. The bulk. mand for money for the stock mar- Australia, steady prices here. 9.—While the value apolis will be equipped with the St Paul 26 % 25% 25% 25% helped NEW YORK. Dec. Present shares have a book ket caused a firmer tone in both St Paul pfd.... 47% 47 47 46% Corn and oats were down with of contracts let Apr heavy construction high-speed tickers. SIOO 160 to 300 pounds, sold at $9.60 St LAt 8 V.’ 68% 68% 66% 66% and engineering Tvork throughout the value of about $l5O and the market time and call money rates. But this At S F 113 112% 113 wheat. country in the first eleven months of They are: Thomson & McKinnon, Butchers were to higher. Re- St L 112% a total of Saturday was $137. scarce did Union Pacific ..226% 226% 226% 227 MARKET CRASH the current vear. reaching & & priced not deter buying operations, At the opening, wheat Jas. T. Hammill Cos., Roberts ceipts estimated at 7.500; hold- Wee* Maryland 28 27% 28 27% was Vs cent $3,789,107,000. showed a 13 per cent in- were which pace 52 52% % % crease over the same period last >ear, & Whitely, went ahead at such that Wabash 52% 52% to cent lower, corn was cent weekly Hall, Prince Jas. E. Ben- overs 263. West Pac 25% November awards, based on a tickers were forced behind nearly a lower to Vs cent higher, and oats average, registered a 3 per cent drop nett <fc Cos., and Blythe & Cos. Cattle slow, with indications Rubbers— Engineering News- half hour before noon. % from November. 1928. business pointing to steady market, slaugh- Firestone 36% 36% 36 1 It 36'/* BLAME IS LAID was Vi cent to cent lower. Pro- reports. lettings in The volume of on the a Record Contract A few stocks made substantial Fisk 4% 4 4 4 were valued $237,668,000. York Stock Exchange in the ter classes little changed. Veaiers 57% visions were steady. November at New AUTO INDUSTRY gains, but on Goodrich which compares with $329,934,000 in Octo- were the whole the market Goodyear 77 74% 73 73 Liverpool opened ex- and $306,029,000 in November of last past five years necessitated the generally 50 cents lower, selling Kelly-Spgfld lower than ber moved narrowly, with the majority .... 4% 4% 4% 4Va year. telegraph company’s expenditure of at down. Lee 7 pected this morning, while Buenos sl6 of issues headed There were 28 28 TO ‘SMALL FRY’ $4,500,000 in circuit and ticker Sheep and lambs unchanged sell- higher. United States... 28% 28% Aires was unchanged at the open- Kroger Grocery and Baking. Sales a few losses profit-taking. Equipments— changes. LIGHT ing at Saturday’s average. Better due to Fdy.. ing. of prices REPORTS Am Car At 86 86 86 85% The action at Bue- for five weeks ending Xov. 2 amounted 110 grade of good choice A move in the motor shares got Am Locomotive 110 110 109% os Aires have been disappointing to $27,989,348, an increase of 23.06 per To Be ‘Broken In’ and lambs Am Steel Fd .. 50 50 50 50 to under way, with General Motors the $22,744,281 for the same were selling at $12.5° to sl3, lower Am Air Brake Sh 48% 48% 48% 48% Investor of Scanty Means the bulls, refusing to rise, despite cent over Installation of the new style tak- soaring more than 3 points. United Man Elec Sup.. 23% 23% 23% 23% condition of the crops in Argentina. period a year ago. In the first forty- grades sold at $9 to sl2. General Elec ..246 243% 246 250 year, sales totaled ers in Indianapolis will begin in FOR NEXT YEAR Chicago hog 46,000, in- States Steel rase more than 2 four weeks of the receipts points Gen Ry Signal.. 92% 92% 92% 92% Held ‘Victim of Own Export business has been below’ ex- 1930. and gains ranging to more than 2 Gen Am Tank.. 98% 96% 96% 95% $239,492,212. a gain of 41.78 per cent cluding 17.500 directs: holdovers, N Y Airbrake.