Indianapolis Times, Indianapolis, Marion County, 8 November 1940 — Page 32

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so a Auniti Plants to Replace Town PROCEDURE ON | P | unitions Plants to Replace [owns resides Here | ENNOX NAMED S p RAR ’ : Morgenthau’s Proposals Renew IS SIMPLIFIED Ed . » » ! . Talk About Inflation Control Legislation, Building Code La \ . » EE ————————————————— By ROGER BUDROW 3 Discussed in Annual SECRETARY MORGENTIIAU'S REQUEST TO RE- Indiana Employers Granted Meeting Here. MOVE tax exemption on Government bonds to beissued in Permission to Take Richard C. Lennox was elected the future is expected to boost the price of the present tax- i resident of the Indiana Society ; v ases 10 1cago. p exempt issues, particularly the ones that won’t come due Times Saecial of Architects today, succh Hing Ed-: : . ; . : mes Specia for some time, according to financial experts. WASHINGTON, Nov. 8.—Indiana Na J posta, 50= Mr. Morgenthan pointed out, however, that the tax on employers who would use handi- ciety’s convention at the new In Government bonds would not be retroactive, meaning that capped persons at less than the Ped- giana Board di Shan ule there would be no tax on the Government bonds already eral minimum Wage may take their Center campus here were Ralph E. in the hands of investors but only on those to be sold in the case for exemplions before the re. Legeman of Evansville, first vice future ” gional Wage and Hour office at Chi- president; John .R. Kelley of In- : : cago instead of applying to Wash- dianapolis, second vice -president; Yesterday's boom in, the stock ington, it was ong tod David V. Burns of Indianapolis, market was attributed to inflation : : P ay. Richard E. Meier, head of Tne secretary; Richard K, Zimmerly of psychology set off hy Mr. Morgen- Cel. Philip B. Fleming, Wage and| , coi pinance Corp. at Evans. |ndianapolis, greasurer; and Ralph thau’s request to Hour. Administrator, gave the Chi-| ville and the Indiana Association |O: Yeaser of Terre Haute, director lift the national cago and Minneapolis regional! of Personal Fin at large. E ance Corporations, ; debt limit from ¢ offices full power to act in such| will preside at the oe The architects discussed proposed the resent, 45 4 : : : legislation and codes during the p1 t 4 cases. Their rulin Indi 25th annual convention here Nov. billiod to 65 bil- : ulings cover Indiana, 27 to 28 afternoon session. The annual dinlion. The mar- Illinois, Wisconsin, Montana, Minne- : ner was scheduled at Hotel Lincoln ke, Was ready DT oy a) South melitite th Ww ( rs ada opening session . - . . ’ y e / iy Sood np Top Here Boosteu to $6.40; examination necessary in each case NE DU PONT STORE Blucher A. Poole, engineering chief. Srdaed age ss : and expedite the handlin i- of the State Boar Health, sa cain. : Jecaivse 9990 Are Received; EE the rey 5 i OPENS TOMORROW es be poera Oo Lr ony ¢ who tim - tion selling was Vealers Steady. ; : : 1 ew doin lmployees and em been harder to sell to the pubis abot lover ‘ The Missouri towns of Hamburg, Mechanicsville, Howell and Tonnerville, adjacent farms and burial |P!OYers, Col rieming said. than has safe water supplies an If the public| Prices for hogs at Indianapolis grounds will soon be replaced with plants which (will manufacture T. N. T. and other explosives. This The handicapped provision was| The new du Pont Paint Service safe sewage disposal because the Roger Budrow cts amie [Stockyards today were 10 to 20 cents| 18000 acre tract is being ¢leared by the War Department for plants to be erected at a cost of $10,000,- written into the Fair Labor Stand- Store at 249 W. Washington St.|public health benefits are more in : Ee ded d higher than yesterday, according to 000. The measure affects 500 land-owning and tenant families, storekeepers and farmers, Above is |2'dS Act by Congress to protect em- will hold its formal opening tomor- tangible than those accruing from : minged an Hamburg, one of the towns that will disappear when the munitions plant built ployees, handicapped by age or men- row. R. J. Nast is the new man- safe water or sewage disposal.” He start b . the Agricultural Marketing Service. plants are built. : § : : : arts uying commodities and Hog: weighmeg | lesz. than 160 tal or physical defects, against loss ager, assisted by T. S. Halpin, Har- [said cost of good housing was prob= equities, it is expected the Govern- = : of their jobs which might result if old Oliger and Edward Busald ably the greatest barrier ment will step i pounds were 10 cents higher, while : 2 : 1 step in and | by sheer those weighing more than 160 they had to be paid the full mini- Du Pont executives to attend the threat bring an-end fo the rise or pounds were 20. cents higher The A mum wage. opening include G. A. Bieseker of at least slow the advance in com- |i, advanced to $6.40 for 00d and] x x “This protection is vital to the ex- Chicago, western regional manager; modity prices op Be 930 to 240 ya By UNITED PRESS ¥ istence of persons so handicapped,” |M. L. McKenna of Detroit, district / . noice 4: 40 - 'S. 4 * To : Yaa 3 . Shortly after the war broke out| vyealers sold at steady prices with High Low last LL DOW-JONES STOCK AVERAGES Col. Fleming explained. “We want sales manager, and H. E. MacCleary and prices, especially sugar, werela $12 top. The Marketing Service ma 3 INDUSTRIALS every bona fide handicapped person of Wilmington, Del, manager of 10 ENGINEERS HERE rising, the Government removed reported 466 salable catile were re- Abiott Lab sees 53% 63% 53% + Y Yesterday seressaslseccanens 137.95 5.97 to enjoy this protection. Sores. store WUl specialized it import quotas on sugar. Some he-|ceived, 571 calves, 9990 ho Gams Kip sine $7 oon eek AKO ti.iuicibesireiess 13441 —0.20 . Specia ize In pain's, DOR quota ew or Teli edly Alves, 9950 hogy and Adama] ioe ais 22s 2% + 1% Month Ag0 ...vvurheenens... 13104 40.65 ‘ ‘ . . wallpaper and allied items. It will| The Indiana Section, Society of adopted again. Mfr. Morgenthau Ahem PLE St 1 2h Be dW Year PRO rurxssaisliiosisase HONS 10.80 Profit-Taking Develops In Indiana Bell offer service for home moderniza- | Automotive Engineers, will hold its. was very emphatic yesterday in Nov. Top Rpts. |Nov. Top Re Allo Chem rs 4° T8' u* X11 Tigh (1940), 152.80; Low, 111.84. tion also. annual new car meeting in Hotel > y ! yess 2... 620 00 6... 6.38 10, Pot | Allied Stores ooo 8 8% 8% ov | MWh (1939), 155.99; Low, 121.44. Stocks but Losses Antlers Gold Room next Thursday saying controls would he enforced 4 ov. 6.35 ws . 6.2 1590 Allis chal a. 387 387s 387 4 Va 20 RAILROADS To Sell Stock evening to pre inflation. Bw. 4 4 Alpha, P Cem... 11%: 1702 1702 oo |VeSterday a..o.ceeheceeeese. 20. : 0 prevent any inflation Hareows suid Gills... Pasiting Sows An Bank Note. 10i; 10% 104 0.1 |ueserday t . BOM tom Are Small. Joseph Geschelin, Detroit technical 120- 140 § 5.00- 5.60] 720- 300. 5 95. 6.10 | Am Boseh ..... 89% 89% 8% Ye ee RO covovcechoscessece 20.32 40.02 a_u = 140- 1€0. 5.50 €00|-300- 330.. 5.85- 6.00 Am Br Shoe... 38% 38% 344 try, [Month Ago ......ibieeiiien 2874 0.04 Indiana Bell Telephone Co. today editor of the Chilton Publications, DIESEL-POWERED busses have | 160- 180. 6.05- 6.15 330- 350. 5.75 5.80 Am car’ ‘Yay. 9% i% Wh 1 1% Year ARO ...cc.oiubeerenn... 32.79 —0.09| NEW YORK, Nov. 8 (U. P).—| aq the Public Service Commission will speak on the “New Mechanical 180- 200. €.1G~ 6.306 Good hod die i 21 . 2 GY. J proved satisfactory in more than a|700- 220. 6.20- 6 40) 360- 400.. 5.70- 5.80 | {00 Ene Til ... 2Vs 20a 2Y 4. ta| High (1940), 32.67; Low, 22.14. U. S. Government bonds were bid tat 3 i Advances of the 1941 Series Auto- . y : 220- 240. 635. 6.45! 400- 450. 5.60 595 Angftwr jo uf 7 10a 131s Jil High (1939), 35.90; Low, 2414. up nearly a point to new highs for |{0F Permission to issue $4,000,000 in mobiles.” year’s service hetween Chicago and| 240- 210. 6.30- G.40( 450- 500.. 5.40- 560 Ain-tiaw ‘55 2. iz sis sys Ja Seriara 15 UTILITIES the year and longer today. common stock which is to be sold Earl C. Booth, chief engineer of California, W. A, Taussig of the| 30- 330. ola G0 250- 500.. 4.60- 5.60 an ine gee 6512 B6%5 Bats XW Woo ay rasfersuieres i 30 ss| Investors were reported compet-(to its parent company, American Ei sukrieatisn puding a Toiins fhe pi opli-Spks Indusizies, Qom Burlington Transportation Co. told |Medinm— Slaughter Pies BEIIEE corrirs 4's - Va. 4a oil Inponth nr BY =" ling actively for the issues which Telephone and Telegraph Co. at New y bus, » 1s chairma e pe DO too Sov. 50-000] a THT TE 10/40 Lcd pees Ji HE MLE year Ate eerrioiliriiili 3541 —ewz|would be the only non-taxable se- [YOrk, at a par value of $100 a share. York Sis, Wil be tom down 1o)section. The dinner Will be at 6:45 the Society of Automotive Engineers |siaughter Cattie & Vealers Reciipiy, 466) Am Mach & Fdy 137s 13% 13% + % High (1940), 26.45; Low. 35.08 o curities on the market if the Treas The stock is to be sold to reim- make way for a parking lot and |p, m. and the 8 p. m. meeting will . ¢ jce— iil VI & Ll 3» 3% 3% esre : WI - % i - i today. In the first few months of Choieet0 $12.00-13. 30 reapings, Ne eluded) Ain Roll Mi. 1e% 18% 18% Fv | High (1939), 27.10; Low, 20.31 ury’s proposed ban on tax-exempt |burse the company for money used DEW ue W. H. Trimble an- be followed by an open discussion. eperation a great deal of trouble 1300- hoy. ¥ 2 on 10S + oh 150 Sel 4 pi 143 ny ha I issues should be put into effect. to discharge its obligations and to oaay.. : . was experienced with engine failure, | 1001100. 13.00-14:2 Ried. " 578 6.95 Au Sugar CL. MDa CDs 17a ol Net | With only a y volume of the |P2Y for additions to its plant and co Be Se Credit Union br |¢ an ant Jobaced v.. 1418 . “a Vs a equipment, since Nov. 1, 1935. The » s : 900. 10 -5951Am ‘Toh B .... 14 4 74 a in Low Last Change quip ’ he said, but this was oh and i 130- 1080-1200 couing iN. 575 a Tob. pi ..li4s 148 tat x Bows Eiey ,.... 3. 13 + Treasy. loans offered for sale, the petition asks that the company be|in 1922 and was regarded as the Meets Wednesday fuel costs have heen cut 30 per cent, [1100-1360. 10.50-13.06 Good and Am Type F_.... 'b 5 5 — Y|OLis Steel ..... D i% 11% 11% + 1, strong investment buying lifted | 1: wed to issue 40,000 shares newest development in that type : | 1500-1500" 1076-1500, clioice . 10.60-12.00) A Water W'. ob I inh ’ prices as much as 29-32 point in the ? ! of structure. During the remod- |. LD€ Indianapolis - Chapter of Mediim-— ommon an sens 8 v/8 3 78 ef — $. vps . : : hy a on» | dedimm 2.00-10.755 mmon and, ola Woolen bi’ . 53%; 6302 53% + %|Pac Am Fish... 8% 8% 8% + % initial half-hour—a spectacular ad- eling the company will transfer the Credit Unions will meet at 7:30 p.m, MAINTENANCE costs for light|L100-1300 5.00-10.5 Cul Bowe ibe Au Zins ...... J0 1H 1% — fPackard ....... 3% 3% 3% ... |vance for these ordinarily narrow-(|J. S. ESTIMATES BIG [tire business to the corner service Wednesday at the Eli Lilly & Co. aircraft must be lowered. |as they| 750-1100, 7.00- 8.00] Feeder, Stocker | Andes Ln 13 30 1 FT Ylbemebonge ine RR" + %inoving bonds re [st d to the No. 2 sto ¢ (auditorium. h : ied tly Steers Armour 11 1100 5% 3% 3% oi. [Pitts Sc&B .. 3 1h Im Ln 8 Songs i Michigan and West Sts, - 0 | 'R. C. Learmouth of the Farm have for automobiles, to make od ou Steers, Heifers le (Receipts, 571) Artloom seven 8 1 1 a Pub Serv ooo Fh) 3, $+ T d Profit-taking brought an irregular 1940 COTTON CROP | Michigan and West Sts. Credit Administration and a State vidually owned airplanes| popular, Choice Al © den 8 az soon Ullman «overs 2 271% 27% + li|decline into the stock market. Vol- ; according to R. W. Rummel, chief |dogq 0: 11-50-12.50 She- Jon... 3.80.10. Atl Reffiing . ih 230 34 T i Purity Bak 00 13% 13° 1312 T 32 ume lightened after early activity.| WASHINGTON, Nov. 8 (U.P)—| T[., S. STATEMENT DE engineer of Rearwin Aircraff. Stand-| 500- 750. 10.00-11.50 Good— Diario 9% ba Vat | Losses wer Il and a few i iculture Department tod a a } : FW y ; | 50G- 800.. 8.50- 9.50 —h wo 0 were small and a few issues The Agriculture Department today 8 ¥ in lend of the fiscal year and the methardiesiion of equipment Wil be 8 big Heifers 500-1030... 8.50- 9.50 Bald Loco ot. 18% 18% 18% .... Radio .. veieeineie x 1 3% + 1% |retained gains. estimated 1940 cotton production at me SHINGTON. Nov. 2 P). Govern hii ear and Ee Yeducing repair cosik, 1e De-|Chelee, - 0 127s) 500-1000. 7.50- 8.50 Balt & Ohis .. ton “4% ‘4% ... |ESSGDR Gore: $e 33s 23s, x°'1| Business news continued highly |12, eo Bale, whith fs more han rent flscal vear wo Nov. 6. compared ’ ; A5-12.71 5 00 0 Barker Bros ee ! Revere Cop .... 130 13 33. i i es greater an las ity se ons ejgotpats fii | BEA Cas ad gg yop BORER HE BB di sl CR market cpmaiions. Au ears view. frzones - iii: oi Bins Thurston to Speak ~ edinm— / re ’ 1c oo 2 of ) . - x cel . y : o . ODDS AND ENDS: Transconti-| s00- $40. 775-10.00,200 down. $.0-11.25| Bendix Avi .... 34% 347% 34% — J = So tomobile production this week rose Favorable weather during October Ro 1442.799.44351 1465.250.449.11 At I. A. S. Forum nental & Western Air is going to|Common— pled. Beth Steel 1% 9a, 9% J. 7, Sears Roebick. 80% 0% N% + % d ductio rospects in |Net Def. 1424042,603.51 1,455104,799.11 et Ar Ve & West g Amt mag) DUG- 900.. 8.00-/9.50| Biaw-Khox 3s Ys Ys oh DsiShelvun oil. 117 1° 11* I i!for the 13th consecutive week and |increased production prosp Cash Bal.. 2.049.308.628:37 1.980.760.783.91 buy 15 new 24-passenger D(C-3s. , . 500 down.. 8.56-10.00 | Boeing Air .... 18 18 18 Va|Simmons ..... 0% 20% 20% -- Ya Carolina, Missouri, Arkansas anc | Work. Bal. 1.311.798.281.70 1.279.748.898.87| Troy Thurston, president of the Calves (heifers) Borden 20 20 9 i. 1, |Socony- Vacuum 9 9 9 © i;|the total was the best in three { Pub. bt 44,171,143,566.67 41.168.071,490.07 iati Celanese Corp. has started a $200.000 ows Good ve- Warner ‘1 21% 21% Sly, 4 7i|South Pac... 8% 9 8% IL I3|vears. General Motors reported|OXlahoma. Dry weather, however, Gold Res. 21, 580.5 365.096.11 17.130:243.913 08 Indiana Association of Certified yarn warehouse at Cumberind, Mo. | 9008... = 190: Til umn. . ss-ase| GICTERS: oo dl BL pat DL UISMMR EVE HE MET fiTecora Oetober sales and the U. B:|Chen A Indicated redueton rhe Oe Etaxer ‘at the I. a. 5. Forum OF . . . International Institute of Agri- Cutter and | 560 down.. 7.50- 8.75 Biiyn U G ne 16% 16% 16% 1. 4% |Sperry Corp hn On Be I 0 es an crop in Georgia, Alabama and Mis- ND3 . oe ; speaker at the I. A. S. Forum of toh test rik is common 5.00- 6.25 Bucyrus-Eiie .. 10% 10% 10° Std 0 Cal ...020 20° 920° I i:|Steel Corp. reported record ship-|qicqi INDIANAPOLIS CLEARING HOUSE i i . culture estimates Japan's unpolished | oF" £067 5.06) Eudd MIE .... 52 G52 bi; “Sta oil Ing LIE 3m gin 3 is of finish sissippi. CIOATINES «rvvvsensnesnnsennssr. 83,713,000 | INdianapolis at 7:30 p. m. Monday rice production this year |will be| . SHEFP AND LAMBS (Beetipts, 4654) | Budd Wheel “ib AR [rao Std Ol N J ne 36'4 38 > %* 1 nn ments of finished steel for October. Debits .......... adn ..10,659,000 | at Hotel Lincoln. sme as the average for ] 19 Past Goad ‘end choice, +9 9.35- 9.50 Birliingion 3 300: Mo Miu, Sun Ol ran 5 | wv ww TI FOOD PRICES Synthetic Dry CI ve years. . . . Railroads last year |} a 28- 9.00 | Byijer "Eros ... §' 5! GY, v Swift & Co .... 224 22 2 + % nthetic ur eaners : COMMON: «odivc. .». ve ks €.50- 8.00 2 2 2 + 2 FOREIGN EXCHANGE y y paid out about $300,000,000 for wages, Ewes (wooled) Butte Cop 2: 4: 45a 45s Ve Te WHEAT PIT RULED ’ indi : ns. ers 5% 10% 10% local pichases Jd janes i Tova, Sominen usd eatin eee 278-380) Blo ackson | ME NE we ay Texas Corp ... 30% 30% 3% — % ALLE TLR sy 125 P¥%e-| NEW YORK. Nov. 8 (U. P.).—Follow- To Hear R. S. Schaub innesota, or an out a= —C— Tex Pac LT En 51 oh 3 32 ery—Michigan, squares. 50@85c. Tomatoes ing are noon cable rates on major cur- h . . kota, Missouri, Kansas a 3 Callabsn Zine . 1% 1% - 19% oo. Vicker BRB. sis sit % + —California, lugs. [email protected]. Spinach— |rencies Cable Rates Net Chg.| R. 8. Schaub of the Schaub Enbraska, according to Z. G CHICAGO LIVESTOCK Campbell Wy .. 1612 1612 16s 2**3, [2000 Gent-Fox pt 18% 18% 18% + um Piola Ts. Oe Callie England Ea). vs 1-- $0.00 00% | gineering Co. Chicago, will speak hy Su bi or , Dry .. 13% 13% 133s .... > y , a - : vl. t th ting of Synthetic Dr (tar ays : HOGS—Receipis, 8000; moderately ac-|/Can Pacific ... 3% 35 ass I ''y, a nia, crates, [email protected]. Lettuce—Califer-|Italy (lira) oe at the meeting Y etic y Western Railways Topres ntative. | oot ostly steady: some lightweights Carriers & Gen 31, 31. 31, 1 ia|Union Carb .. 6% 76% CHICAGO, Nov. 8 (U. P.) —Infla- | Fnnceeee 3225@235, Sweet Potatoes (Finland (markka) Cleaners at 8 p. m. Monday in +. . The Daily Bond Buyer reported OIE. top $6.50 sparingly; bulk good and|Case J I 611 ei ol bo 0p ll J : : Tennessee, bu.. [email protected]. Onions (50-1b. |Switzerland (franc) .. today that on the basis of |incom- |choice 200-330-ib. butchers, $6.25@E 45; 180- | Celanese .'..... 9 Swe See Nv Un Aerts ool M2 $e tion talk continued to dominate the |sacks)—_Minnesota Yellows, 50@57!s¢; Colo- Sweden (krona) ...... Hotel Washington. C. A. Mackey id returns Voters "Tuesd y ap 210-ih. BPSIages FROSHY sedoge 35} ‘most | Cent Aguirre 19% 19% 19% V2|Un Air Lines’. 10° Board of Trade wheat market today BR es I OEg LAY Reh as 1 Th will preside. ! : R ~ | packing SOWS bs, $6@E€.25, heavier | Cent Foundry 3 3 - Je |lUn Gas Imp .. 115 11% as it did in the previou ssion but eesenalens proved issuance of $10,400,000) in new |kinds, $5.85@€.10. Cerro de Pasco. 35 35 35 i 1% |U 8 Dist pf ... 10% 10% 1 Pp S session bu ici i Yaci Cat Receipis, 1000; calves, 400; y|Certain-teed ... 5 1% Hip .... oes 23% 3 - - municipal bonds and rejected issues pseRete) Ped ere od Ver inEs Champ Paper . 23 . 23 : 23 : + u 3 Ruthuer cers Tae Bw Prog taking smothered. an eatly up totaling $11,450,000, . . . Chinese cot-|strong; more Botive on Jearlings and light Ches = So. " 2, 48 v HY ye tured independently ton mills are curtailing their pro- Steers than weighty _ blllachs: OO enee| Chi Poe. T .. 14% 14% oa: — easy in early dealings. duction because of excess ihvento-|comimon, a good grades selling Coca-Cola *_....110 © 110 * 110 © 1 i, |Vamadium ..... 36% 36 38 — 3% | At the end of the first hour, wheat : a lat $7 up to $12.25 and better: top $12.90|Colgate-P 1295 12 13 © i%|Van Raalte’fI115° 115 115..." |was up % to % cent, Decembe Ties fodoraing & enor from paid for 1100-ib. light steers; several B23 ea Erokdeast A 23, 23 23 + Va a, 87%. Corn was unchanged to 4 hanghai. , . . Combine USINESS [[email protected]; fed heifers scarce; common Colum Cas ees 553 ale hin 2% 4 6 : s res .. 6! 612 6i Wabash pf A .. 5% 5 5, cent higher, oats 1 of Sear fRognnck & Conde Bigom EE oo fa Bing Ge “Tail cel Pies Bl ses 20s 20% 2073 + 0 Walwortt: enna 6% 6% ova x''wland re % to 5.0 3 fo % sents er ar 0 stead ighty saus bulls $7.25 dowr ih rend qd. 33 4 1. Warner Rros 3! 2 Ve — : Co. National Bellas Hess, New Prac- | veaiers Up to $11.00: closing trade | Eh E tea On BY fn x ¥|weSu SB ake jes 8 Tf [bests advanced 1% to 2% cents 3 i i J ’ 30" “oss Ss ce 28? 22%, 22%, oe 4 ess Co, and Spiegel, Inc., Tose last |Siocker and feeder atule much Rare serve! Cone Cigar Lille Alle Tit 7% West Air Bke ag ass ayn La bushel, _ in the Yhazt Gaten 151 " . o 5 \, “e 3, 3, 3 de year to about $1,180,000,000, gccord- | ~Sheep— Receipts, 6000: late Thursday fat Cons Qi"... 6s Gr an rr Moh Mt Ly lnction of the 3 flea! alc eq the ; o y UOE asians i 37 $7 Vg / ; b . ing to the SKC. yma Ted Wesiern 10mbs to, choice n8-| con: Gil Dei 1020 0 20 0 0 Zw Wilton %Ca'C v4 2/4 22 I Ji|Some mill buying appeared ‘early y [email protected] top, $9.75; good to choice shorn Copweld Steel .. 2172 2172 21, +4 i, Worthington .. 23% 23% 23% -. Y land shipping demand was reported and medium peit fed lambe, $8.95@9; Gorn Frad .... 47'4 46% 47's - 3 (Worthing pf B 88 88 + Ya > P DAII Y PRICE IN EX Montana feed! ne lambs, $9.35 today’s trade | COtY ......... 4% 43, 474 — good. There were some indications 41. 8 | Slow: most bids. ls@he lower on t Grane 0 i 22% 33% 32% + Ya voli we Ven of increased country offerings as a ee a ‘ ees 1078 “8 Ya Y veils 3 1 iy NEW YORK, Nov. 8 (U.|P).— lambs” early ssies oniy weak conch ering | Crucible Bil L145 45%, anv YW rec. 10 181 184 =z ja (result of the higher prices. The pun & Bradstreet’s daily weighted |wooled lambs, $9.50: good ke epoice held to oul ann Sng or Ea ot iz rey / '* | July delivery scored a new high for price index of 30 hasic Commya ities, Ig Sood Beliver: oi ie oo ea Curtis TO pees 2% 27s 2 + a LOC AL ISSUES the season. compiled for United Press (19: yearlings, $8.25, shout steady; slaughter cy "gun, *70' 92% 91% 22 y i * WA ways ssure a ami er ’s ewes very scarce. § were Ya V2 GON WHEAT average equals 100): —D— The following quotations by the Indian- Indianapolis grain elevators are paying rda divine 121.54 ; i apolis Bond Share C do not .repre- [for No. 1 eat, 82c: subject to market Jose gay. posrisinvernios LE 0S OTHER LIVESTOCK [Bloc &W .... 1. 4 8. :- [ent actual rice of offers. but merely change other S7ades on their merits. Cash The clothes that have everything—but the high price. All wool fabrics in the Month ARG sarin eerses| 11944] FT. WAYNE Ing. Nov. 8 (©. Po Loiiss neo. Wh Wh WET based on buying and selling quotations S3c; old No. 2 old white shelled corn, 5c; smartest patterns and shades—styles for men and young men——and tailoring with . ogs—20¢ higher: ns., 200- i 3 Year AO co ivinnis sires 118.62 i Ibe, SEAT 180-300 Jos SE: 16OTIEO East Air Lines. 38% 30% Wh — | sponte p Stocks Bid Ask all the features of high priced clothes—produced in our- own UNION SHOP by 1940 High (Jan, 23.34. | S.95%80: 240-260 10s, $6.15, 260-250 Wt. Elec Boat’... 5% 15% 15% .... |Agents Finance Corp com...... 7% 8 rt ft Y ’ h buy KAMBER CLOTHES that ; RO. 100 ibe. $6.05 9 Tos; Blec Boat... 15ta 184s 18%... |GEERU-Fillalse Corp Sor Je 3 expert craftsmen. You can’t go wrong when you buy —tha 40 Low (Aug. 19) 11242, \ | 395-350 bs. $5.95. 2350-400 ibs., $5.90°| Fy Lr is ate Ye 3% /a _ 1940 Lo ig fo ni ke 8 HEC TR Central SE TG Si 3 "48 BUSINESS AT A GLANCE is why hundreds of men buy them season after season. VISIT US TODAY. 3 - -i40 lbs, $5.15: be. © 160- eS pi "78 Hook ‘Drug Inc com........,.. 16 By UNITED PRESS 120 lbs. $4.65. Roughs. $5.25. Siags, $4. ~F— Home T&T Ft Wayt ne 7 fd. 30 53 Calves. $12, Lambs, $8.25. ¥ Freept-Snlphur. 36% 36% 30% 4 % Ind Asso Tél Co $6 pf plc > 111 Columbia Broadcasting System CINOINNATI, Nov. 8 (U. P.).—Hogs —G— hd Sah Ret roid. --+ (Inc, 39 weeks ended Sept. 28 con- BUY DIRECT FROM THE MAKER Oo eR, x Serv eo DP . ai " . ’ =” ceipts, 3500; active Weights 160 ibs. u Be Gair Robt: ..... Indpls G ave oe Z higher; lighter weights steady to 10c B20 Cen iy Inv ... & 2s 2 T Ye a va Bree. 6 % ‘pfd. teens . 83 FH S0lidaied het profi, $3,331,786, after er*ln inslancee und tows JC Wigher: lop | Gen AR IT LLL 64rs 64s sess 1 3 [del PAL com’ CSI AL 3 SS pro xes, equal to $1.94 ALL - S the Mi ddl m an ’s Pro it hy ows, $368.50 Fost goad en Se ww’ wR on Ya | mals Bal 610% Pata: Si iis, [2 share on combined “A> and “B” 4 os ave 1 e 1 Cattle—Receipis. 575, eaives, 300; market! Gen Motors ... 54 84 Ea Indpls Water 6% pid.’ 1... 102 i vs. $3,432,955 or $2 year ago. SIZES on all steers an heifers activ na G R ay n ' une at Life Ins com .... " gp, Sli » tama heifers til re a Gen: Ry (Sig... 31 y x + We x Ind Pub Serv 51,0, pid En 104v.| Consolidated Coppermines Corp. The middleman’s profit goes into your [] [] [J (N Deiters SL SomalRE., fig sionnd 14 Gimbel Bros ... 1% I%e 1% + YIN Ind Pub Serv 77% 2... 198, 193, September quarter profit $124,961 pocket and BETTER CLOTHES go onto b Sheep—Receipts, 1500. active and sirong| Goudyear . 5 874 189, 189; Ti Progress Laundry com...... 14 16 before depletion and Federal in- our back What we save b 1 y7 | A V4 ) and 2%c higher, numeraus Joes good | Graham- Paige EH Tg Ta Pub Serv Co of Ind 6% pfd... 45 48 come taxes vs. $330,948 yea y ? by Yolume » trucked in nearby lIsinbs, $9.50; good to| Granby . €’ 0% eh 1m Pub_Serv Co of Ind 77% pid... 94 97 : year ago, production goes into better woolens choice offerings relativeiv a 9 few|Gt North pf.. L99%, we. age To 42 fie Ing GAR 15% la . 95 1o3 W. T. Grant Ce. October sales : > ® joe as 3@16. common ahd medium 6 Jest Sug. 2 22 2 ver DTI Cl cont a naa 102 $10,172,015 vs. $8,732,797 year ago, finer tailoring and greater values—THE / TI 1 | Gram "Af 1 Nes His Wh 3 wlYan Came Mi Wn [5 154 per cent; 10 months sales, UTMOST FOR YOUR CLOTHING 3 wee fle Bonds 580,399, vs. $75,177,051 year ago, DOLLAR EVERY DAY IN THE YEAR. PY [| LOCAL PRODUCE! Hayes Mfg .....% 2% 2% .... |American Loan 8s 51 ......... 99 103 [UP 6.9 per cent. 5 coer 54 ; Be: on lerican Li terens 103 : Heavy [breed hens, i2¢; bareback hens, Houd-fier B er 14% 14% 14% 1 % Clie "tnd" Fer 4 Als Sai ils 106 Revere Copper & Brass, Inc., and C; s€ crn Lens a C tes + 4 hs-Reynolds FLIES SAVER A hens foie Bure &nd White Rock spring: = Home TAT Fi Wavie sits |. 103 10s |Wholly-owned Soisiciaries Septemers, 13c, other colored heavy breed spring-|fl Central .... 9% 9% Sh +, me T&T Ft Wayne 6s 43...102 105 er quarter net profit, $417,204, after AUTOMOBILE ers, iZc; L.eshorn springers, 1ic; hereback inland Stl .... 93 93 3 1 Ind Assoc Tel Co 328 70......107 110 Federal in Springers, 9 o 3 ; : 3, 1 172|Indpls P&L 3%s 70 come and excess profits LAND MARINE ber % Young ‘hens. Tos. snd over. Juspiain Cop. 17s 11% in = 5 Induis Railway ing 53° 67 6 taxes, equal to 7 cents a A i , youn CIGS, - 8s 2 y a Tg er b 1) fois, "18-3 Js, id, Youn; Wha Jui J Marine. 8 a 2a + Te Interstaie T&T 5} il i 101 share vs. $331,505 or 77 cents on 2na yer, Cc T 8, > cen $ / 0 - “wan TYR ANCE 0c Oyo eo rene io Yee, 03 om Int P&P .. 8 6vsa 16s + Ys |Kuhner Packing ores #- 184 % 103 4 Class “A” year ago. Duets Ye, jp feather snd fat In aT a Ih oy % (Morris 5&10 Stores 5s 50 1 103 U. 8S. Gypsum Co. and subsidiaries | Ss. a over, ¢; whit { t e 7 t ater . 1 for Careful Property Owners and Tet, ner 5 15s re Se: ers i Ne ig Hosiery bs 4d. 100" 3 months ended Sepl. 20 net in- : ; thered and fat, 5 lbs. and over, 10¢:|jne & Lgh 7 pf 102 103 102 + i Pub Serv 3%s 108% alter excess profits taxes and ceior { f 5 - Ind Tel 4%s 55. . at Substantial Savings fe, td, Idler runner ie =, a re fly Serv cl 23 Tig ATE 1081, | Federal income taxes, $1,713,781, ieece—Fiiil feathered and fat, 9-13 lbs. | Kelsey-Hayes B 8% 8% 8% + ¥% Ricl Pe) Co 48 65..0.0.. 0), equal to $1.32 a common share vs. cer. Bc feepens a fat, 14 4 us Kennecott ..... 359 i BY; .... Tac Term Corn Wii ds 40 ny $2,613,003 or $2.08 year ago. i re arge eges, Te; In- a diana Grade A medi 23 L-O-F Glass ... 44% i 3, 3 Grade & 2d Ng: 2 7 es a ECE zo Bade. 19. 1.0ck 4 A858 uve 32 : a2 hn + ve | Use Our { —No. 1, 312% @33c; | No 2, 2@ BW'S. ..iienves 209, 29%, 29% + Wi 3ic. Burterfat—No. 1 28c¢c; Na. 2, 2c Loft, Ine ...... 2% 2% 0% 4+ WY oney n Circulation Rises Layaway (Country pickup prices gualea hy. the : Wadley CG.) se fy ee Plan ; - < — Marshall Fld .. 15% 16% 15% ... Martin (Glenn) 34%. 34% $4%a2 + 14 fed: 18 fw To Highest Level in History H i MORTG AGE LOANS [iis i 4 4 and- Tailored Garments McK & Rob 5V4 Hh H -— 15 Meungel .... 4 4 4 od. dig to buy, build or .refinance on terms you will like, |JMiain Cop... 10% ge 10a + Li WASHINGTON, Nov. 8 (U. P. )—Excess and required reserves of With features of as Y Federal Reserve member banks in the week ended Nov. 6 dropped high priced clothes F. H. A. LOA NS Nat yi ere BH WK Wh 4 Sharply from the record levels of the preceding week, under the combined ¥ Selous woolens at Biscu % 18% 18% ... |influence of rising monetary circulation and treas —exclusive patterns Net B&SH LAT 11 01 KTH ury bank deposits, TH E U N | oO N TRUST. CO M PANY Nat Lez y las 14% I a according to the weekly condition statement issued by the system today. and shades—seaCapital and Surplus $3.000,000.00 Sat Gictien’ a 2k 1 ne ole report also disclosed that Sone. Jreates; buys ’ : Nat Steel ...... 0 i 1" "yy, [loans X s ce. Member—Federal Deposit Trisurance Corporation Nat Sup Peni. 5% tive i 1 Linen 0 Sones Se and Industry > member deposits and other Federal p . Lt Sup 6 p aly dV dys 4 W% = Newport Ind ... 8% #3 84 + % Creased for the ninth consecutive Reserve bank credit showed: a def° NY Ship... . 941g 247% Jat 3's, |Week to a further new high since crease of $19,000,000. bg 4 gi, - 7 E thing! RO Pmer avai: 13a 13 134... (mid-1937, | Partially offsetting these factors : vveryining. No Pacific ..... w fT 1's + vs| KEXcess reserves of all member were increases of $4,000,000 in : NS BMI . = barks dropped $200,000,000 in the| Treasury currency and $82,000,000 : . Ohio Oil 1h TH 1% + Wat i ; Diamonds, Watches, 0 eves . *s | latest week to a total of $6,730,000,- in monetary gold stocks, the latter 1 Autos. Cameras Wilton Carpet, 18-27-In. | SS aoactual resciver, were down | to a new record high of $21,581,000,- : ’ y J 5 18 . a4 at $13,979,000,000. 000. Clothing, Shotguns, Ete. ae SPECIAL .. O90 ||" Money in circulatino rose $120-| The system's holdings of U. S. 000,000 to a new all-time high of| Government’ securities showed a SEE 1 he C IC AG JEWELRY $8,385,000,000 and Treasury. deposits| $5,500,000 decline at $2,327,300,000, ; Bro HA co., Ine. vn the Sal Deane “vile reflecting nd drop of $1,500,000 in i 146 EAST | ASHINGTON T Bi AK or 000,000, ' while reastey nd holdings and of #4 :

. THE INDIANAPOLIS TIMES -

FRIDAY, NOV. 8, 1940"

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