Indianapolis Times, Indianapolis, Marion County, 15 March 1940 — Page 36

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" Chofce—

.-Canner ...

‘ fat lambs around 10 cents

1 $10

‘lower, May selling at $1.017%

' FRIDAY, MARCH 15, 1040 _

y 15- -CENT DROP

MADE IN PRICE

OF HOGS HERE =

Top Falls to $5.40 as 8500 3

Arrive at Stockyards; Vealers Steady.

A A 15-cent decline was recorded in

all hog prices at the Union Stock-

Acme Shel ve Adams-M: 26 48 7 16%

12% 10%

yards here today, according to the|Am Chicl

Agricultural Marketing Service.

‘The top price quoted fell to $5.40 Am crys 8

‘on 210 to 220-pound weights. Veal-

ers held fully steady with an $11.50 A

top. cents of the decline. prices to the limited number of

steers and heifers. Fat lamb prices - ruled ‘weak to 25 cents lower.

March Top. Bepts.| March Top Reps. A

..$ 5.60 5038 60 8121 40

13, 20714 eee 9118

- 8. 3. 5091(13 .... 5.

Packing Sows hoice «= ood and “a3: Pr 0- 4.60 3 - 4.60

Barrows any Sis

and C | F 140 $315 450 71 500% 4

360

J0U.

4.25- 4.40 4.10- 4.35

4.6 4.60- 4. 70] Slaughter ae IMedium and G 4.50- 5.05 90-120 . 3: 152 3.85

Slaughter Cattle & Vealers (Revevis, 384)

td gt pot Serr

‘ ht od hd nd fed vB Sohn HER

838 _.

3 10d noo

wo PPA Ooo

.00|Cull Feeder, Stoeper Cattle, Calves (Receipts, 527) Steers

Ha wooo

-3 oa »

Nee 6.50- 7.75] Steers, Heifers

a lope "500. 500- 750. 9.78-10.75| S00- 800.. - 750.

Good8.50- 9.75, 500- 800. .

Heifers 800-1050. adium — 750- 900. 9.50-10.50 500-1000. p150- 900. 850-9. so SERS00 6.00edium-— 500- 900. 7.50- 850 Good ana aoe rs)

8.78- 9.75

5.00. 1. 50.1 edium

5 6.25- #38lges Calves (heifers) 5.75- 6

common 4.754 5.75/Medium— 4.25- 4.75 500 down. 7.50- 8.75 SHEEP AND LAMBS (Receipts, 1185) Lambs

Good and choice ... Medium and good . . Common . Ewes (on shorn basis)

; Good and choice $4.00 Comm:

- 5.00 on and medium ... 2.75- 4.00

sesens

CHICAGO LIVESTOCK [&:

Hogs—Receipts, 7000; opened around 10 cents lower :

, $4. extreme weights, 00 2%. Ib. packing sows, ighter wei hts t to $4.60. Cat sheds 1000; calves, 300; very dragey market on common, medium and good grade steers; weak to 25 cents lower; Supply Ia jargely holdover from early in several loads fresh © iva under a pressure; numerous loads god grade steers and yearlin S bein aken off market; £ value

.50 down; canners and cutters active, $5.50 down: bulls weak, -$6. 6.75; $7 practical top on sausage offerings; $11.50 down; fe

vealers weak, selects, $12; ligh t

y § Yyealefs, [email protected], closely sorted.

13,000; ate Thursday igher; top, Westerns bs $10.15@10. 95: fed range ewes,

eep—Receipts,

$10.35 for few decks locally fod with bulk fed range one double handywei $5.75; barely Steady: toda y's BL e, very little early tradin unSes lower, but. Stn yor Yatly Steady, .25 and above, for best wooled lambs w odds lots clipped native lambs, $9. 506

: HY #5, barely stea

OTHER LIVESTOCK

ETTE, Ind, March 15 (U. P.).— market 20 cents lower; 160-200 lbs ., [email protected]; 250- 356 .90; pigs, $4.25 down roughs, Calves—$10. 50@11. Lam

Ind., March 15 (U. Hogs— cents Lower; 200. 1605500" Ts 1601bs. %40- 0

lbs 3 5% 55: 350 -i00 1bs., i 50° 140-150 Ibs. $4; 130T96- 130 1bs., $3.50; 100- 120 bs., $3.25: wroughs, $3. po stags, $2.7 calves, $11.50; lambs, $10.

‘WHEAT FLUCTUATES

IN ONE-CENT RANGE

CHICAGO, March 15 (U. P.).— Wheat fluctuated over a 1l-cent range on the Chicago Board of Trade today. At the end of the first hour

‘wheat was unchanged to % cent ; corn .was 1 cent 16wer to % cent higher, ‘May at 56% cents; oats were un-

! changed fo off % "cent, rye un-

ichanged to up % cent, and soy ‘beans off 1 cent.

! The wheat market dipped % to % | Co ‘cent from opening highs,

held ‘steady, then developed a rallying ‘tendency. Part of the buying which steadied the market was attributed to local shorts. The un‘favorable’ fone of Southwestern crop reports also was a strengthenng factor.

BUSINESS AT A GLANCE

By UNITED PRESS Dun & Bradstreet reports retail trade this week 6 to 12 per cent above year ago. Armstrong Cork Co. 1939 consoli-

"# dated net income $4,485,009 equal to

IE g >

$3.03 a common share vs. $1,150,795 ‘or 77 cents in 1938.

Canadian Celanese, Ltd., 1939 net| =8 » profit $1,876,595 vs. $1,194,848 in 1938.| El

‘Phillips Petroleum Co. 1939 consolidated net profit $9,833,314, equal to $2.21 a common share vs. $9,049,122 or $2.03 in 1938. Transamerica Corp. 1939 net profit $7,443,672, equal to 69 cents a share vs. $7,039,681 or 66 cents in 1938.

' FOREIGN EXCHANGE

March 15 (U. P.).—Follow-

ing are yore cable rates on major curFehioles: Cable Net Rates Change i i $3.70%, -.01%

—.0000%%

+ ‘000042 a

See Final Edition of the Times for

Closing Stock Quetefitns | 5 and Other Late News

\Packing sows shared 10 to 15 AR a jee Active, clean- A

up trade in cattle allotted strong|am 3

435- 450 Am To

3.90- 4.35 A

and A 8.00-10.50 5.50- 8.00] a.

B - -§10.09-10.25 9.25- 9.85 7.00- 9.00

Ci J NOL TR HEE FRESE nS caliso ts Sen Ha aah

FRR

BSLNBS

i 0 00 =F +4 OO DI 4 DI ON sb $4 bt © ENE NaS.

a ae

ro »

Anchor H Gl PL. 11215 Armour Ill Ya Armour Ill pr ‘pt 53Va Armsione Ck. 39 10% 75%

Arnold Const. .

8.25- 8.75 gids 7.75- 8.78 7.50- 8.50 | Bovis

7.00- 7.75 | Be

550 down. 955-11.00 B 00 down _8.00- 9.38 |B Boeln,

g 1500 down. 8.50- 9.50| Bon Am

DI bt DIU bt NN SR on . 2 3

EY Erie

udd Mfs pf: udd Whe Jf Julova

NCS

Ne 9.3

293, Eolanecs pr of 114% | Coe Aguirre. . Cent Foundry.. Cent RR N

— LDN

— DOIN ODO

o | Col Broadcast ned

Col Broadcast B 251% Colum Gas .. 53% . 87%)

Com Inv Tr ... Com Solvents .. Comw & So ... 6 Comw Edison .

Cons Fil Cons Qil .. . 2 Cons Coal vte' 334 Cons Coal pote 16 Contain ner . 153 Cont Can ...... Cont. Ins «. 40 Cont Oil Del .. Corn Ex Bank . Corn Prod Coty... .... Coty Inter Crane Co Crosley Corp .. Crown Cor! ve Crown Teller .e

Coonerweld St. Davison Chem

Del "& ud Dlac& W 1 Det Edison .. 118 Dev & R . 19% Diam Match - 3

Diam M pf ... 30% Dist Seag . 9” ‘adn

Dixie-Vo! Dixie. Vortex A ehler $ Cost i me Mines . a . Douglas Aire . Dow Chem Presser Be Du ng

7158 : 1% 188

Po) 125 Bann % ot 1 117 +E— East Air Lines 34 34% East Kodak .. 12 152} 3214 7 1%

38% 13%

Hv 34% 152% 3212 17

1% Hi 5 8

Ex-cell-o

irbanks pf . ir M Fy

- a

Florence St ve ore 0 "ollansbee rood “Mach ie heel

"oster WI ] Freept-Sulphur

Be TO DID wa ©!

Gair Robt

[+1 141:

I+: 1+1:

- oe

ESSE Sx

' Net Last Change 3% — 1%

! ¥

— 3 Houses to Be Exhibited;

HLL HE +L)

SHELL

SERRE

§ ; FF

—- . LL ES

AHHH] 1:

o a

Yg| Week AZO ...cocccsssacnasse Yi

| Year Ago ......

i Jloud-Her B...

i Hud ’s Hud B M & 8. ; Mudson Motor., -6

Inlst D 8 0... . Island Cr Coal.

8 Jarvis Co

.| have reserved space. The show will # | Building at the State Fair Grounds

: | Arthur A. Smock, Jocal builder, will

3 about $8500, will begin on March 27. 7 The home, complete ‘with furnish-

By UNITED PRESS

DOW-JONES STOCK AVERAGES

30 INDUSTRIALS Yesterday o..cccccepeeeesss. 148.11 Week ARO cccoccoccccssccces 148,07 Month ARO .....ceec0ees0es. 148.20 Year AO ........ic000000000 143.89 High (1940), 152.80; Low, 144.65. High (1939). 155.92; Low, 121.44. 20 RAILROADS

®s.000s000000 00s »

=0.21 —0.25 =0.26 3.65

30.52 80.87 30.86 csnreens 80.19 High (1940), 32.67: Low, 30.15. High (1939), 385.90; Low, 24.14. "15 UTILITIES

@ve0esvnssssenenne

Yesterday

Month ARO ..cococersossnsce

24.14 24.24 24.92 cecenies R488 High (1940), 26.45; Low, 24.11. High (1939), 27.10; Lew, 20.71.

Yesterday Week Ago ....ccevvencnicnne

BR Cees FES FEE 038 FRESE

et jet QO DY ft pet

DI NCIDI CLO QO b= Bt Se

BI 4 CJ CI C0 o> 09 #4 LI CO

SHSSRR

ce Fn Hack Wat pf A 3 Hil Print vend Hat Corp 4 In

Hayes” MIg .... Hecker Prod oe 190i Hi Mot ,. 15%

409 -3 0

IY CU IX)

Sadat ;

Pe 3 mt CO het put

Holly Sug .... Homestake Cae

ston Oil Hot & Man 1 & Man ot 5 227;

Ill Central. .... 11 3 1%

Inspiratn Cop. . Interchem ... Interchem ph: Interlake Ir

3 Ya 8% — 3 6a .

9% 27% — 7

15% 50 9% 50 + Y%

72% .... 7 pt 56 56° =i i

Kalamazoo S&P 132 13% {CPLDpPB.12]1 121 Celsey-Hayes A 12 2 SSlsey Hales 3 6% Kendall pt : 1% Kennecott . Kimberly Clk.

Jones & L

13 Hie tan 1 ZT * one ont ¥ 22 35% 35% 1 3A - 1 237 ees 3%

27%; eens 312 — UY

21% ...«¢ HY oy 3 —''% Ry .e ls Ya + % 49% — 1; Te — 13 107Y, Ya 25 1a ' teeny 5 5 1a

3308 —f 49%; 4

9% ... 3 cee

(ty CW pent pet pot =

CRC sector

FER j+:

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14 40 0 OD RN =I DIU IB DID.

he, 5 as

Wt ptt D9 pt pb a at &

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DIDI = NB RI -IhI ae o t >

EF] FN Sa B20 FRE SRE RF SW

J es

t .. 108 irks 83

a a

. .

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Id { a 9 Is ad or & |

No. Am No Am Avn.... 23 No Pacific ..,..

Ohio Oil

| of

ES SEE

+1:1 1+

Owens Ill ah.p

1d Sess

Pan A Arrwys a Panhandle .....

Paramt Pict 1 pf. ois 9%

daar

Para Pict 1 Para Pic 2 pf. Parker Rst ph . 21 Parmelee .... Pathe Film .... 11% Patino Mines .. 63 Pen & Ford .. 55%

us Pub Serv 6 pt. ges

Pullman 91 . 19%

Pure oh Pure O 5 pf .

72 | Quaker St Oil. 14%

Radio Radio-K- Or Raybestos Rayonier

Reo . Republic stl .. Revere Cop ... yn Met .... 14% Ld) Spring : Tob B Richfield oil .

TVs Ruberoid ..... 20

8 Safeway .

Safeway 5) Sa eway

"15% 4 (Sharp

D Fis Sheil” Un Oil . - 10% Skelly Oil .... 19% Snider Pkg ... 23 Socony-Vacuum 1 f So Am Gold So Ros R Sug . gai a

10 23% 33 22%

. 30% 30% 5% 57%

Corp .... 45% 45Y% a a 4

In ym-Gould xw .

Prtls LI] ++]

+111

FLEE):

J a

Soa

. . . .

De 0.0.6 PPS SF FASS

+ = nN

0 to! 17% Univ Pict 1 pt. 98

Vadsco Sales vive anadiu

11 ofa =a

Virginian Ry /irginian Ry of a2" Julcan Det .

Walgreen n » ww 101 101.

Wat

a $d to

— a > CITED 0 ib bet C4 bn tt J C1

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oy Vilson Vilson

RSS a ESS +111: NN 2 NRE re

E8885. Saa50

+: = 8

No Amer rs No Amer 5% pf 5515

on oN

HEE =~

of . oodward Iron 24%

THE INDIANAPOLIS TIMES

NEW YORK S TOCKS

Plans. Opening

E. William Benson

A new coffee shop will be opened in Hotel Washington within two weeks as the latest step in the $150,000 improvement program at at the downtown hotel, E. William Benson, announced today. Mr. Benson, president of the Benson Hotel Corp., which operates the Washington and Riley Hotels here, said the coffee shop will occupy the space formerly occupied by Harry W. Krause haberdashery store and will be an open French-type coffee shop. The new Sapphire Room, which is to replace the Cafe George, will be opened in April. It is planned to have dance music in the Sapphire Room in the ®venings.

Curb Stocks

Net Low Last Change 5Ys Sly ....

enigh &CN . & .e Mesabi Iron .

"19% Pantepec Oil V 3% Pennroad 1% DROeRIE Bec o 10% Puget So ad . 18% Republic 6 Rustless TR 13% t Regis Paper. 2% Segal Lock .... 1 Sunray Oil .... 17% Transwest Oil.. 2Y2 Un Cigar Strs.. LI6 Un Gas Corp.. Un Lt & Pwr pf 331 Sho n

Un . US Foil B . Si Un Wal Paper. 2 Venezuelan Pet 11s

Chicago Stocks

High Low L raeseety 1 1312 . 1%

rh : 11% 11%

CLIVE AN) pa

"> op

Ss 0 awn Soua aaa

#03 LOCI sh BI 3, HEFEN

9. a

CID

Gen ONO SESE

5 Y N n U. S. STATEMENT WASHINGTON, March 15 (U. P,).—Government ox penises .and receipts ox the current fiscal year through March 13, compared with a year ago: This Yea t Yea: Expenses... $6,468, 536, 742. 3 se ger, 169, %a8. 04 Receipts.. . 3,750,014,276.89 3.840.943 506.1 Gross Det . h e of...

7.601.64 1 '222996.561.10

INDIANAPOLIS CLEARING HOUSE Clearings 379,000 Debits Cg

stoms. .

. Hich | Last change 8 bi ‘ia 41Yy — Jor thingt 18 Worth be 5 of Ho 44 44! igley 872 87) 87

mY — Yale & T .... oy 32% Yellow Tr .... ; s&wW .. : 108 10% Young Sheet

3s Young Sheet pf 8 Young % Bil Dr. it an

— T 32 Ys 8 iB &

Sie ti

Wri

Zenith

«eo 15% Zenith Rad A 13%

B-

79 Take Space in Indianapolis Home Show As Officials Forecast Big Attendance Gain

Construction Will Be Started Soon.

LO y,| The number of exhibitors for the} 19th annual

Indianapolis Home Show today neared the 100 mark. J. Frank Cantwell, Home Show director, said 79 exhibitors already

open April 12 in the Manufacturers’

and will close the night of April 21. “It is an absolute certainty that the show will be bigger and better this year and indications are for an attendance of, more than 100,000 persons,” Mr, Cantwell said. “New exhibitors are coming in daily and those from previous years have taken increased display space.” This year the Show will have three houses instead .of one to form the center-piece of the, show. They are the “Honeymoon Home,” the “Holiday House” and the “Town House.”

complete the latter in two weeks. Construction on the seven-room

home, designed by Architect Fred- Co.

rick Wallick to be built at a cost of

ings, must be ready for the Show opening April 11. !

Exhibitors: who have engaged|C

space are: /Adams-Rogers Co., All-Steel Self Rising Peek: Architects, Arnott Exterminating Co., . Ayres & Co., Bash Seed

Arthur A. Smock . . . Studies “Town House” plan.

Sentral 2} Supply Co., Central Wallpaper & amberiain Metal Weatherstrip

Cinder Block & Material go Citizens Gas and Coke Ut Clif Ion Electric Co., Crane Co., Crown ore PD saning Co., Wait Eagle Creek Erodicta ta, Co D. As, £518 Farquar Heating Service Co.. Foster Aun ber Co., Furniture Crafts, Ford ¥ Fenc a,

En incering Co., rl B. Sithons eal Furnace Co., Hamilton

sier Fenct ce a H Telephone Co., a Iumbermen’s Mutual Insur ance Co., Indianapolis Lumber

aiczepe ipl beg eral

POR ater”

oover Co.. Indiana Rell W. dian buck &

Koppers Coal Co., Hosenilick Co., McComb Window and' Ddor Co., Marion Music Co., Majestic. 2% Moders Home Insulators, L. Mi CcotP. Mussing Mer. Boe Goal ‘Co. Nigkel Plate Lumber Co. Overhead Door Corp., Jatterson Shade go. PSasRMOn. Inc., Peerless Foundry

it Co., Polar Teo. and Fuel co. Softener Co., The Quarri ph R. Reader & Sons Co, Rail. eral er & Loan Asso

p_Co., Holcomb-Hoke Co., Hoo-|¢!

Co., Singer

er Fiiel = 8 Central “Sates. co.,' fin Lag ih 4nd Trimpe Su upply “Title

0, Utility

| Week ago

| Year ago

3? | dicate the

s Co. Sears, Roe=|

STOCKS LOWER AS U.S. STEEL DIPS 2 POINTS

Britishers Needing War Loan Funds.

NEW YORK, March 15 AU. P.). —United States Steel broke nearly 2 points to a new low for the year to lead the stock” market down today. Heavy vy selling came just before noon with pivotal issues hardest hit. Some liquidation came from London from holders who desired to raise funds to pay for the latest British war loan, experts said. The fact that stocks hardest hity were among tltose heavily held in Britain lent ‘credence to that theory. In addition to liquidation from abroad, many traders anticipated a general peace move before Easter. Suddeness of the decline caught stop loss orders and hastened the recession. New lows for the year were made by numerous railroad shares, in-

{clduing New York Central, South-

ern Pacific,” Nickel Plate issues, Baltimore & Ohio and Delaware & Hudson. Airplane company shares broke as much as 2 points in Glenn Martin. Du Pont was down more than 2, Bethlehem Steel 2 points and Chrysler 23. +

TRAVEL BOOM

Fairs, Parks to Lure Greater Number of Hoosiers, Smock Believes.

The travel season just getting under way will be the biggest in history, ‘in the opinion of E. G. Smock, head of the Greyhound Bus Lines Travel Bureau here. Mr. Smock believes several factors are responsible for the increasing ‘summer traveling of Hoosiers to othey parts of the nation. “The two fairs last year, at New York and at San Francisco, started

| many persons traveling,” Mr. Smock

said. . “Many who went last year

o| Will revisit them this year and

many others are choosing new sights to see.” . “Then, too, the war abroad has caused many travelers to plan on tours in the U. S. and many who formerly did not have vacations now have a week or two. “Of course the national parks are

: the top drawing card this country

has to offer .to travelers. The Smoky Mountains are the most popular trip for. Indianapoiis persons for a week-end and Niagara Falls is a close second.” L. H. Schmidt, city passenger agent for Greyhound, said the ¢om-

summer travel which il be air-

7 conditioned. The fn:

Or..the “néw coaches, Ba be uihe 30 ate. “6-cylinder, 22ycle Diesel e es. Ms, Schmidl said Indianapolis and Indiana organizations are making increasing use of chartered buses. Purdue University and Indiana University and many high schools use them for transportation

Z| to sports events, band tours and

educational trips to state parks and industrial centers. JBut the big increase in travel in coming from’ those persons who want to visit new sections of the

1; | country, stop over for a few days

and have everything arranged for

%| them after buying the fare.”

DAILY PRICE INDEX

NEW YORK, March 15 (U. P). —Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (2930-32 average equals 100): Yesterday ...:c.i sion... 118.88 cesessenssese essing 119.53 Month ago cesssissnsnoeses. 119.24 ss ersnesessressess 104.60 1940 High (Jan. 2) .......... 123.34 1940 Low (Feb. 14) ...,...... 118.31

Y YT Y "LOCAL ISSUES ‘The following otafions by the Indianapolis share . do not” Diian. sent oe Pie. offerings but merely ina as approximate Ratses level based transactions. Star” 2 % & Teno Agents Finance Co com

Inc c T&T Ft Way Ind. 35s Tel Cor dE Mich Elec 1

Ind Hvaro E Hee 1% eves I ipi > pid.

Indpl gp

0b Serv Co ne Ind 6% fd ery 24 of In Pub fey £ Ls Ing 1 % bid. 30 Ind % Bid Ferre ns Eieo » ion Tj

Van Poamp Milk ota Van Camp Milk com.

14 43% 8 A101

Bo nds American Loan 5s 3: ceevenes 98 American Loan 5s

tees "Ind oa 4

Ya ayne 6% 4 rel Co aa

] J Indpls P&L 3% % "68...5. ndpls Railluay Inc 5% or. ndpls Water Co 52% 66. . [nterstate Ft 5% % Kokomo W

‘103

t lL. 100

“ mond Wag, Wks 4s 57... 2

Traor Term Corp 5% 57.

*Ex-Divid

LOCAL PRODUCE der § breed hens, 5 lbs. and over, 12c;

bs., 10c; Leghorn hens, 7c; Barred and Wh ie ck’ rogsters. 4 Ios. and over.

1bs., oe. a reed .s 6c; Leghorn A

gross; -a net. iio: full. case Fi 55 |

cries Mi ho 8 —~MicC| gan ye Spanish, $1.10.

Selling Is Attributed to|

IS FORECAST

pany is building new coaches for’

ouaoheld. . ,, 00.00 hr Phi 006.00 HA 3 J 00.00

C ali ¢ aig S00. 00 Seis 300.00]

® & 2s

“I CANT BUDGET?”

That's what you say, "| just can't seem to dress’ Well, mister, take a tip from Ayres’ Men's Store, You CAN dress well , . . very well . .. on a ‘budget. Here's how: - Li

like | want to, at a moderate cost.”

‘ EXTRA TROUSERS, 5.00

This is, we feel, unquestionably the best suit you . can buy anywhere for this price. Barclay ‘suits are smartly tailored of fine worsted tabrics. Notable are the clear-finish diagonals and the birdseye pattern sharkskins. :

Rich, Heather-Tone Tweeds, na Soar, 3-Button, Soft Construction Barclay

Spring Suit Sik .29.50

MEN'S CLOTHING, SECOND FLOOR.

Fruit = of-the-Loom Spring SHIRTS 1:5

Smartly-tailored of .the famous Fruit-of-the-Loom fabrics, Figurized—built to fit, without the bulges at the neck that most shirts have. Whites, plain colors and’ the smartest of the new patterns tor Spring. All have the ever: neat Cantwilt collars.

. MEN'S FURNISHINGS, STREET FLOOR, \ . 8

“A Royston SPRING FELT at Just 350

Smartly-styled Spring hat, built. expressly for Ayres’ Men's Store by one of the country's

leading hatters.” A lined hat, good-looking, with smooth, smart fines. In Cocoa brown, - Sard grey, Homer ‘blue, Hedge green.

MEN'S HATS," SECOND. FLOOR,