Indianapolis Times, Indianapolis, Marion County, 30 November 1940 — Page 9

64 Idle. Factories in Indiana 3 ‘Are Offered for Defense Work ;

By ROGER BUDROW

THE DEFENSE COMMISSION SENT A LETTER this|:

week to 500 manufacturers working on rearmament con“tracts, advising them there are a number of unused factories’ which they might take over if they need the roam.

Two of these were in Southern Indiana—one a furniture] |

fagtory, the other a diamond Perhaps only these two

whole situation in Indiana.

saw and tool factory.

fit the Defense Commission's | purposes or perhaps they. haven't -had time to survey the

Because there are really 64

factory buildings in this state, empty or partly empty, according to a survey by the State Chamber of Commerce and

the State Division of Publicity.

This number includes only

those with 20,000 square feet of space or more.

The list of 64 really isn’t complete ‘because a number of towns haven't atiswered the questionnaires sent them by the two organiza tions. In all probability, there are a good many more, : The survey shows there is one available, unused factory in Akron, Brazil, Ft. Wayne, Muncie, New Al- ; - bany, New Ha4% ven, North ManRoger Budrow chester, Seymour, South Bend, Tipton, Knightstown, Lafayette, Liggonier, Linton, Logansport, Michigan City, Mishawaka, M sresville, Vincennes and Greencastle. There are two in Crawfordsville, Elwood, New Castle, Noblesville, Garrett, Lawrenceburg and Mont- * pelier. There are three in Bedford and Frankfort, four in Connersville and Kokomo and five in Shelbyville and Indianapolis, The State Chamber and Publicity Division want ‘more Indiana towns to send in details about any “ghost factories” in their vicinity. Then if the British Purchasing Commission or some manufacturer wants to buy or lease a factory, all the information will be on hand. 2 ls 2 INDIANA SHIPPERS feel they have won a skirmish over a “newfangled” transportation theory called “destination level’! The battle wasim fought over freight rates on paper products going from Indiana to the Southwest by rail, > ‘An Interstate’ Commerce Commission examiner recommended the “destination theory” be applied, which means simply that shipments from the South to a northern destihation would be lower than shipments from the North to a southern destination. . The State Chamber of Commerce opposed the. whole idea, pointing _ out that it would mean an Indianapolis paper box manufacturer would have to pay- $256 to .ship a carload to Dallas, Tex. while the charge {from Dallas here would be only $110.40. The ICC tossed out its examiner’s proposal and now this freight rate situation is right back where ‘it started. H. A. Hollopeter of the State Chamber is cheered by its “victory” and the railroads and Indiana shippers- are expected to get together on a rate reduction, pos-

sibly 25 per cent, between here and 4 A

the Southwest. 2 9 8

ODDS AND ENDS: Copperweld|A

Steel Co. will spend: $1,000,000 in the next three months expanding its plant at Warren, O. . . . Rice prices in Shanghai are the highest in history—414 cents a pound com-

pared with 3% cent before the Sirio- BLL

Japanese War broke out.... Auto-

mobile production upset predictions| 8

this week: by surging to a new high for any week since May, 1937, with

LOWER POWER

Group of 14 Downtown Organizations File Complaint.

The Public Service Commission has been asked to settle the long-| standing dispute between the In-|{ dianapolis Power & Light Co. and a group of 14 downtown organizations over power rates. The organizations yesterday filed

Commission charging that the power rates which they pay are discriminatory as compared to the rates charged industrial firms and asked that the commission order the company to fix just and reasonable ates. : John Ruckelshaus Jr. attorney for the 14 organizations explained that his clients contend that the rates as now fixed charge hotels, clubs and restaurants a higher rate ranging from as much as 60 to 90 per cent than that paid by firms which are consuming power for industrial purposes. Officials of the down - town orgagizations who brought the complaint are charged more because they receive their

expensive ducts.

rate, Known as Rate E, because head wires, a much cheaper system for the company. Filing’ the complaint were the Russet Co., Indianapolis Athletic Club, Morrison’s - Washington St. Corp., Columbia Club, Hotel English, Severin Hotel Co., Inc., the Jewish Community Center Associa- [3 tion,” People’s Outfitting Co., Inc., the - Benson Hotel Corp. BensonRiley Hotel Corp., Antlers Hotel Co. Inc, Graylynn Realty Co. Hotel Barton, Inc.,, and J. N. Cranny of cranny Restaurants.

Curb Srocks

High Loy \ero Sup B.. 6% 6Y4 \lum Co Am. 157 1567; yan B.... 36 35%

Wet Close Change 6%. .... + %

E.:. 3 . +]

cee cee pegs ae

Bald Loco ws. .

8 Bath Ir Works Beech Airc

an output . of 128,783 cars and|Col F &

trucks, according to Ward's Reports. | & « +» The Agriculture Department says the acreage seeded to winter wheat in the U.. S. is about the same as a year ago and stands are considerably better than at this time last season. . .. London retail-

ers who are not licensed will not| Ger" Aiden

be able to add any more aluminum kitchenware or silk hose ‘to their supplies because of the present “urgent demand” for silk and aluminum, the Board of Trade ruled.... In resigning yesterday as FHA head,

Stewart McDonald told President}

Roosevelt that “modern, well-de-signed, single family homes” are being built at the rate of 1000 a day (about the 1928 rate), half of them for people with incomes ranging from $1000 to $2500 a year, the monthly payments averaging not|y

more than $27. including the mort- xy

gage insutance.

LOCAL ISSUES

The following quotations by the Indianapolis Bond & Share Corp. do not represent actual price of offerings. but merely indicate the approximate market level based on buying and selling quotations of recent transactions. *

Stocks

Belt RR & Stk Yds com . Belt RR & Sty Yds pfd 5s. Central Ind row 7% pid... Sook Drug Inc com 34 Home T&T Ft Wayne 7% pid. . Ind Asso Tel Co $6 pfd d & Mich Elec 2%. v D

Van Camp Milk com ......... 10

American Loan Ie Si ale American Loan ve Citizens Ind Yel iis 81 103 Crabbs-Reynolds-Taylor 58°42. Home T&T Ft Wa) 5% ] Indpls P . Indpls Railway ihe 58 & Indpls Water Co 3's 66 te T&T 5%s 5.

Heyden Ch .... Humble Oil.. mp O Can.. Insur No Am., 72 Irving Air .... 13% Jacobs Co Jones & Lau Stl 3394 Petrol. . 1%

La X ieee Mid-SPetAvic Mt City Cop Nab Bellas

Technicolor ... Un <n 1.5%p - Un & Pwr A ne 16 Un i s Pwr pf 24

Un Sho 56 Un Wall Paper kJ

Utah Idaho g Wright Harg .. 3

FOOD PRICES

CHICAGO, Nov. 30 (U. P.).—Ap Michigan Jonathans, bu., [email protected]. A [ies Michigan, squares,

@10c. Caulifiower—New York, crates, 3

weet Spanish, $1.3

lation was started in September.

RATES SOUGHT

a complaint with the Public Service|

A Indianapolis Power & Light Co. say that the|Am

power from underground wires in Am

Industrial users in outlying areas A they ey are charged -a cheaper |4Am

they receive their power from over-|4

nh >» Jr ih

| Can Pacific

3 25@65c. Tomatoes — | CoO 07 |California, lugs, $1.25@2. Spinach—Bu., 60

@1. Feiiow, 65¢c; Indiana Yellows, 621%c; Utah |C

. wr Net High Low Close Change

dams Esp ees 6 Ri 4

p leg Corp of Toe DF 9%

eT.

Y Airiines ie Pl: Bank Note. 8% Bosch 7 Br Shoe. : 38% Cable & R. or Ya

m Can Gar & Fdy. 28% Car & F pf 60%

: "o > Sle Ee He rE Fr . Sa . . Bt +

Am Am Snu 52 m Stl Fdies .. 27%

A Am Stove Co .. 1292 Am - 16% Am T&T "1667

Am Am Tob B Am Am

Armour Del pf 110 Armour. Ill pr pf 5 Armstrong Ck.. 31% Artloom 5

aN 30 =~ »

Atchison pf G&WI1

1 Refining ... las Corp ...

e 0 ~

hn ». WATE ENN

lL LE] LE

3angor & Ar pf 2 3arber Asphalt. 1 arker Bros ... . 297

4 5 87 9 0 8

I+1% FTE

Il FEES

+ —

t. . Bigelow San .... Blaw-Knox

HHH = as

. ray 0 eas -_ SH Sr ot

Sr libbe LL

3 rave 3utler Bros .... Butler Bros pt. Byers, A M ... 10%

Cal Packing ... 19% Hl Th Campbell . wy.. 14Y4 Canada Dry ... | 13%

ay Carpenter Steel 29%, Carriers & Gen 3

JI Caterpillar, T.. Celanes Celanese pr pf. 119% Celotex Cent Foundry. .

se OW

1 4% 7

PD HEE EE HEEL LE rE

+++] FEES

+1:

h & So p Comith Edison. Jae Cons Re t 3% ns Cig Sans pernins Ti Cons Edison 17s Edison pf. 105% tamaries. 2 2%

D+ gat

+: > NNR

. . . . “eo

hr Fas

39% Mot a 3% Cont Oil Del . 19%,

pid] 1+:

Ice Skating Rink B. Order for Building Change

Iceland, Inc., a skating rink corporation at 926 N. Pennsylvania St., 01 | filed suit in Circuit Court yesterday to set aside an order for construc- H %| tion changes made by the Administrative Building Council of Indiana. The building housing the rink lies back of business buildings in‘ the 900 block-on N. Pennsylvania St. and according to the petition, instal-

Va Week ARO .c.ococsososcesces

: Yesterday

2 | United Corp..

‘Crown Ckeupfxw 43 hs

® Crucible pf oo. 90% Curtis Pu ;

. Freept- Shuphiir’ i

By UNITED RES

DOW-JONES STOCK AVERAGES ‘

30 INDUSTRIALS Today erssssessssssssesasses 131.00 Yesterday ...ccociccencesssce 130.03 Week Ago sssecc0cssesssocee: 131.4% Month ARO .ccccosecccscens 134.85 Year Ago ... eeeseses 146.62 High 1940, 152.50; Law, 111.84, High 1939, 155.92; Low, 121.44, ¢ 20 RAILROADS

40.97 —0.11|K —0.27 +0.44 +0.08

21.97 8.15 29.38 29.22 3176

Today ..ovoveacess Yesterday ...cccoepccncacons Month Ago Year Ago High 1940, 32.6%; "Low, 29. 1". High 1939, 35.90; Low, 24.14, 15 UTILITIES

Today ... 19.97 19.95 20.42 23.44

25.11

Week ARO cicooase Month ARO cvcecpniveconsscss Year ‘Ago High 1940, 26.45; Low, 18. 03. High 193%, 27.10; Low, 20.71.

15 MOST ACTIVE STOCKS © Sales Net , (in 100s) High Low Close Change Comw & Sthn.476 7a % 7s A122 1% 0 1% 01% US Steel .... 93 684s 672 68% Para Pizture.. 80 97% 931 934 Anaconda .... 63 21% 27 2% Rep Steel 55 22% 2215 22% Int Mer Mar.. 48 10% 10's 10% Bkilyn Man T. 45 6 6 6 Cons Ed ...... 42 217 2133 21% Curtiss Wr.... 89 9% 9 9% + United Gas ... 38 10's 10 10 — 4% N Y Shipbldg 34 24 23's 24 + 312 Int Paper pf.. 33 0% 69 70 + 1% Beth Steel ... 30 867s 853§ 863% -- 12

Jd , Stock sales approximated 340,000 shares against 240,000 in the short session a week ago. Curb stock sales were 107,000 shares against 77,000 a week ago.

—

High Cotn Ex Bnk . iy 48% Corn Prod 4 Craen Co ? oi 20% Crane Co cv pf. 105% 105% Crown Cork 26% %

“a4 Ya

2 Ya

—- — a

Crown Zeller .. 15)2 Crucible St .... 421,

ior 1% Curtiss-Wr .... 9% urtiss-Wr A . 28 tler-Ham .... 20%

JH AEE LE

Davison Chem.. 6% fee 3%

st Seag .... Dist Seag pf ww Dixie- sex 4 Dome Mine « 1 Douglas Airc’ 00 192. Dow Chem 130% Dresser Mig . 2114

on 157%, 156 Duques L pf....116%2 116 ee Y 33% [144

77% 12094 21

tHE HE

33%

Bast Air Shes. . Kodak.... 142%

5. 1435 5 16

36%

Hl: oy +++

Brie 2 pf....... 34 Evans Prod ... 8Y% 8%a Fn Fair Mor e 8 437 Fe Mi Mo & :

. . Po ad wn iv

1 ElE]: .

Francisco Sug

ii i+i+lis EE Sessese EE

41: ++:

cts. tA . 1214 ees 34 es 1115 . 26% . 207% ireyhound 1

Grumman Air E 12% Gulf Mobile Oh.

dH HEEL]

&8. Hudson y Motor.

Net Low Close Change) p pi IN

: America’s young farmers and cattlemen opened the 41st annual International Live Stock Exposition at Chicago today. Among the miore than 400 youngsters, most of them 4-H Club members, who led their waddling cattle into the main arena were Melvin Schneider, 18, of Riverside, Towa, with “Chunky,” . his Abptdeen-Anugus steer, amd Bertha Flagdyn, 16, of Wellman, Iowa, with “Baby,” her Hereford steer.

FINAL NEW YORK S1 OCKS _

else Hayes B 8% nal pt; -s ..103 Rondel . .- 35 SS

Kroger G&B

‘

seve 247,

.iq Car! Lotkfeed Aire .

ott, nc 20% Lone Star Cem 10a Loose-W_ Bis .. [ou & Nash .. 59%

A 156 Ex . arine Mid ktSt Ry pr “pt artin (Glenn) artin Parry . asonite Cor DDS

. . 28% cCall Corp. oe 12% cCror

cLellan pf ... Mead Corp .... 9%

Melville Sh... Mesta Mach .. 37% 9a

idland si’ ee. 30% n Hny B pt. 108 nn-Moline .. 4 ssion Corp .. 5i% : ohawk cp - “en nsanto .... 34, ont Ward ... 38% or ESS .... } lotor Whi ullins pf urray os

Nash’ Kelv ..... SY Nat Acme ..... 21'%2 Biscuit ... 17%

2 Owens “Ii Glass Pa.

Pon Pac Coast = pf 13% Pac G. & El 27 Pac Tin Cons . 414 Packard Pan Am Afrways 1538

Patino Mines. . Pen FE . 44 Penne 88 Done Gl Sds cts i fh

Phelps Dodge Phila Rd C I Phil Morsis

hlic Stl pf. 100% b Stl pf A. 95. yn "Met 3. Reyn coe 3215 ID? ast . 13%

safewa St 128 on

Savage Jean. enley Dist .

Net "High Low Close le

—

247

Biseuit pf..169'%2 1 .» 16%

ye sat

ge a

<p ite =

oe EN

oe Sd a Bae Ne

Va gahada, (

~ daqdaqaaaaaaac

33% n Virginian Ry pf 32%

BY ‘BIE STEEL; TRADING GAINS

| Tax Announcement Provides

Chief Stimulant to Market. NEW YORK, Nov. 30 (U. P.)—

U. S. Steel common stock led a rally on the stock market today

| with a gain of more than a’ point. | Trading picked up.

Bethlehem Steel was up nearly a point. Crucible rose more than al point. A few issues moved against the trend. Norfolk '& Western dropped 415 points and Gotham Silk Hosiery preferred was down 3%. Principal market stimulant was Senator Harrison's announcement that any tax bill to be passed in the next Congress will not be retroactive on 1940 incomes. Other

record high for steel production in the Pittsburgh area; a 224 per cent rise in building permits in October as compared with a year ago indications of a broad capacity expansion program for the steel industry; near-record December production schedules for the automobile industry, and wide gains over a year ago in department store sales. Interest returned to issues whose companies are a big factor in the defense program. Railroad equipments, machine ' tool shares, aircrafts, and motors were prominent. Utilities were steadier after the recent declines, with low-priced issues unusually active.’ Rails were firm. Oils were about unchanged. Bonds were firm.

£00FFEE ACCORD

SIGNED BY U. 8.

:114 Other American Nations |,

In Plan to Stabilize Industry.

WASHINGTON, Nov. 30 (U. P). —The United States has signed an unprecedented agreement with 14 coffee-producing nations of the|S Western Hemisphere in an effort to stabilize the coffee industry and bolster the new world’s economie

: defense.

The agreement is a direct. out-

+ |erowth of the Havana Conference

and the inter-American program to

lerect economic bulwarks against Ob

totalitarian trade penetration. It divides on a quota basis the world - coffee . markets, including those in this country, among Brazil, Colombia, Costa Rica, Cuba, the

® |Dominican Republic, Ecuador, El

Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Peru and Venezuela. The amount of coffee each nation may export in any

? lone year is limited in an attempt to

assure “equitable terms of trade for both producers and consumers by adjusting the supply to demand.” The pact, effective for three years

i from Oct. 1, 1940, provides for crea-

tion of an inter-American Coflee

%|Board ‘with headquarters here to

administer it. | The United States agreed to limit, its annual coffee imports accord- ® ling to the following quotas (in 60 kilogram bags): Brazil, 9,300,000; Colombia,-3,150,-|d 000; Costa Rica, 200,000; Cuba, 80,000; Dominican Republic, 120,000;

000; Guatemala, 535,000; Haiti, 275,000; Honduras, 20,000; Mexico, 475,000; Nicaragua, 195,000; Peru, 25,000, and Venezuela, 420,000.

Government Bonds

U. 8. GOVERNMENT BONDS Treasury Bonds Low Close 3%s Ids 5 Mar . 102.2 102.2 102.2. 2Y; 953-4! 108.9 108.9 108.9 108.11 108.11 110.3 110.3 110.2 110.2 110.9, 110.10 Home Owiers Loan Bonds | 2%8 1944-42 1025 10318) joi. 3s | 1952-44 108.2 108. 08.2

FOREIGN EXCHANGE

NEW YORK, Nov. 30 (U. P.).—Following

cies Cab jo Rates Net Chg. England Ei : esse. $4.0 y olla . taly (lira) nd Fomarkka) ‘ 3witzerland (frane) .e Sweden (krona)

pan (yen) .... Mexico (peso)

Net High Low Dlose change Syming-Gd ww

7 ¥ 5 | Syming-Gd XW. . IA 6% & 3

Texas Cor 37% { iy

FTE

Cont 20th Cent-Fox.. 6 6 20th Cent-F pf. 163 16% Twin Coach ... 9% 92 — Und Ell Fish.... 31 30 B&P... 13% 13% .M% MN veo 13% 130 793 . 8 84% 27% . 43%

+++ H+ +

: RGR

United Corp Ay United Cp pf ..

sR HH Hb Fas SE

a oQ °

{o] = 2 *Ja rom 08 an 5838.5 Bp w

un Pr of.. 2 88% 831 Sizer ‘pf. 128 8 a 'oh os 30%. Univ Leaf T 58 © Univ Pict 1 ‘nf. 99% 99 —y

rs on

anadium 33 329, mabash pf A.. Y% jalker H G&W 20%

TH+ oe

ia as 1) 23% a Mot. 16%

‘Woodward, Ala.. '

items which aided the list was a] -

Ecuador, 150,000; El Salvador, 600, |}

are closing cable Tates on major curren- Ibs

% ® + ‘0 Hy Air-Conditioned SYRACUSE, N. Y. Nov. 30 @. P.).—Carrier Corp. has begun construction of an air-conditioning| system in another of the ‘Wood - ward Iron Cos blast furnaces at|

This is the third Woodward blast furnace to.be air-conditioned. H. A. Berg, president of Woodward

ing of ‘the first two furnaces “has increased pig iron output by 10 per}:

cent” at the same time reducing coke requirements “by: approxi200 pounds beri fon of iron er ton of iron ore.”

PORKER PRICES SLUMP. 10 CENTS

Top Quoted Here Is $6.05; 5000 Received at Stockyards.

Hog prices turned 10 cents lower].

at Indianapolis stockyards today, with the exception of prices on those hogs weighing less than 160 pounds, the Agricultural Marketing Service reported. > The early top price was $6. 05. The Marketing Service estimated 250 salable cattle were received here today, 50 calves, 5000 hogs and, 100 sheep. | :

Repts. 19,000

Nov. Top Rcpts.|Now. Top 23 s:$ 829 nerd 385 oev 15 «os 6.15 1 29 vee oa » cee 26.05 so Barrows an ilts "Pac king Sow 120- 140 § 4 1s: 338 270- 300 $ 5.55- *s. 75 40- 160. . Poo 300- 350.. 5.55- 5.70

5. 8o- HS 195] Good 5.90- 6.00] 360- 400... 5.45- 5.60 5.90- 6. 08) 400- 450.. 5.35- 5.50 5.85- 6.00| 450- 500.. 5.30- 5.40 5.75- §.90|Mediu; 55- 5.40

5 70- E 85| 250- 00. ; 5.65- 5.75) Stanghter kr 5 160- 200. 5.40 5.70] A052 Slaughter Cattle & Yeslers (Receipts, 250) Coot 900 $12.50-13. Bulla - 75| Yearlin, . 90K 2.75-14.25| & ood es. eluded \ 15 00-14. LR . 13.00-14. S0/Medium

tter 900. 10.25-12.50| Ci 00. 10.25-12.75 alers J. 10.50-13.00/Good 1300-1500. 10.50-13.00} an Medium— Com 750-1100 7.75-10. 2 1100-1300. 7.75-10.50|c 1 OMMON == 750-1100. _6.35- 7.75 imscsipta, 00) cho Steers, Heifers (Receipts, 50) . 00 750. 11.25-12.75 Cab %00.. 9.25-10.00

00d ~— 500- 750. 9.50-11. zs; S00080.., 9.25-10.00 Heifers |

ce HE ooo 8 8.25- 9.25 U0 =~ . ad le on 8.25- 9.25

' Z J30- 950. 11,25-12.50], 00-1050. . ood— edium— 750- 900. 9.75-11.25| 500-1000... 17.25- 8.25 1560. ‘900. 7.50- 9.75 ag. 1:50-9:78 500d and choice— 500 down. 9,25-11,00 ¢ 00- 0] 500 down 8.25-10/00 5S oles (heifers)

10.00-11.50

00- 900.. 6.00- 7.25 Calves (steers) ommon— 500- 900 6.00- 7.50 ws Medium 50- 17.50] Mo0- 900. . 8.00- 9.25 Medium. . Cutter and 4.75- 6.00! common - Caner. 4.00- 4. 75] 30 do down 7.00- 8.25

um 500 down 1.50- 8.75 SHEEP AND LAMBS (Revelpts, 100) |

Good and choice Medium and good n 6.75- 8.25 Yearling Wethers

{food and ch . Medium h . ole . 1.00- 7.75

Eves (wooled)

Good and choice doe Common and medium ens

CHICAGO LIVESTOCK

Hogs — | Recel ts, 500; salable supply strictly good and choice hogs too sm to make a market; undertone steady. For the week— Butcher hogs lost 10 cents, packing sows off 35 to 45 cents: closing top, $6.10; closing bulk, 210-310-1b. a Verag et [email protected]; most packing sows finished $5. ek the Rack ts, the week: hoice mediumweight wei hiy fed steers strong to 25 cents highe all grades yearlings stead Sa to av erage; good mediumweight and weighty RB oces fully 25 .cents lower; extreme mercial "steers, $15, new hi Internationa d a8; largely $9.75@1 4 trade steers; long yearlings, oe 40 strictly good and choice fed heifers, cents higher: prime offerings A tant Osfs. 25; cows, 25 to 50 cents higher; bulls steady Yealers. 50 to 75 cents up, closing, $10.50

‘Sheep—Receipts, 500. Mostly steady xcept short Jams, oo 25 cents lower eek’s treme fat lambs, $9.70; oting Simi, 59. 65; ir good d fed Western lambs

3.50- 4.256 2.50- 3.50

lambs, $8. 2508 60: -50@8.

OTHER ein

LAFAYETTE, Ind., Nov. 30 (U. P.).— Hog market, 10 cents lower: 160-200 1bs., 35s 20as. 60; 200- 250 bs., $5. 70@5. 90;

1bs., $5/[email protected] ughs, 3550; calves, TE Ds swe. 8 gis

WAYNE, Ind.. Nov. 30

A ATT $7

s.. $5. Rough $5; stags : stags, 3.75: calves, $10.50; lambs, se .

Chicago Stocks.

High Low Close ‘Addis Mig . 10 Armour & Co LH 8 Aviat Corp .... 3 Bliss & Laugh’ Hi 19 Borg-Warner . . 3 20% 10% Bruce EL .... . 10%2|

5%a \ 19% Ya | 3%

PH In

Marshall ried + Mi

West Miller & Hart, pf. Minn Brew ... Montg Ward ° Nor Ill Fin

Quaker Oats iY Sangamo errick Corp B..

Star ou Ind.

$ Su § £ ] 1

U.S. STATEMENT

Iron Co., stated that air-condition-|

n.75- 8.50| May

to 20|M

300: calves, 100. For|% and M

Bade shorted |S

For the week— [NO

250- | N

y Bean Indians rad 92@93

RISES T0 BES LEVEL OF YE

Greatest Holiday {oliday Volum Decade Expected, Authority Says.

NEW YORK, Nov. 30 (U. P Christmas buying got under in heavy volume this week and stores in many centers enlarged their staffs in ‘preparation for ° best holiday volume in. a “dece Dun & Bradstreet, Inc, repo!

today Retail trade for the country 8 whole was estimated at the level of the year and 8 to 10

cent above the corresponding

period, compared with a year-it year increase of 7 to 10 per in the previous week. The official .opening of { Christmas shopping season was [If ported as “exceptionally enco!

«Starts With Rush”

“Stores were particularly | fied with the spread of demand with the continued interest in ter grade merchandise,” the; t authority stated. “Gift buying started off with rush in toys,* children’s apparel, accessories and cosmetics. Tu: over in seasonal ready-to-wear a other winter requirements especially. brisk as weather con tions again spurred the covering requirements.” The most favorable sales comps isons came from centers in Middle West and South, with the former showing gains of 12 to per cent over the zorresponding 1939 period, and the latter up to 14 per cent. In the Southw snow and ice storms held the n gin of gain over a year ago to 5 to 10 per cent. Percentage creases for other regions follo New England 6 to 8; East 8 to Northwest 4 to 9, and Pacific C Tto9. ! #

* GRAIN PRICES CLOSE

UNEVEN AT CHICA

CHICAGO, Nov! 30 (U. P.). — firm undertone prevailed in tk Board of Trade wheat market day. Other grains were somewha/ uneven. Wheat Slosed % to % cent higher, Dec. 89% @% Corn was changed to off % cent, Dec. 62% 5c. Oats off % to up % cent, 39%a, and rye unchanged to off cent, Dec. 437c. Soy beans revers their general trend in late dealing to show some gains, yncianged 7% cent higher, Dec. $1.00

RANGE

Wheat— High

63% 62 62

29a 367 JS3% 327 44 48% 49

1.00%

: 974 '94Y,

DIRIDIBND

DDD WC 1 c ne @=3un

Be. eis aAsked; bBid. CASH.

. 4 white, a $1 —Sample grade, 40%c;

41Y,@41%c; No. 2 white, , 1 mixed, heavy, 40%c; No. 1 extra h mixed, 403c. Rye—No sales. Soy BE yellow, 99% c@$1.

No. 1bs.. nomi 75; alsike, $0 i on ; red clover, $8 Cash aR — : loo ose, $4.80, n ong =.

"| $4.87, nominal! bellies, § $9. 25," nominal.

LOCAL G GRAIN

CASH * joteipts, none;

Sa 0880: No 3 haruls

ellow. 57 He ts, 32 carloa

Wheat -Silong; red, 87% 0. 1 hard, 86% Gorn No. 3 yell low, 55 A@sTYic:

receipts, 4 93%4c: «Illinois : p

grams

WAGON WHEAT

Indianapolis (Frain elevators are I Bec tats, are m lg Shy os on % ir meri corn: New No. 4 new vellow shell 55¢, new No. 4 white shelled cor) ; No. 2 white oats, 34e. RE

LOCAL PRODUCE

| Heavy breed hens, uu bareback 11c; Leghorn he ens, 2 reback hens, 7c; Barred & ite Rock sp: ers, 13c: other - ul heayy bree = ers, 13¢; Leghorn springers, lc; sn ‘ingers, 9c; old roost 6 ana Grade A large egis 276; diana Grade A me 23¢. Bm grade 4 and ‘No. ag, c; No

@36)ac; No. 2, 1, 33¢; No. od

tter—No. 1, 36 A . Butterfat—

(Countzy, pl pickup p {Ces | auoted

Wadl

| CHICAGO, Nov. 30 George. A. Eastwood, Armour & president, today estimated the co

10 % pany’s sales for the fiscal year

ing Nov. 2 in excess of 735 dollars and net earitings at mately eight million dollars. | The preliminary estimate

| pared with 1939 sales of $715; % (909, an increase of roughly $19

000. Consolidated net earnings the entire company in 1939 $7,012,057.

| To Exporters and their

Ww. GTON. N —Goy ernment expense. oa 2 receiots 4 the current fisc Near through ‘Nov, 28, compared wit! th A year (AR:

is Xpenses . 43.985 a. 139. 8 leceipts 2.153.8 ii 1 ths Def. 1.801, a0; Be 18 Net Dal. HE 783, 380.75 ‘Bal... 1,753.988 1243. L a or

09 On Oct. }4, the petition says, an| 14 ‘also ‘claims that the ‘building 1 107 order was received from members of 808s ns gone Sade Sie) class 25 In ] ; ’ : signed to e committee, since |] the councils administrative com- iy les Si, Ls of the nspitatn. ov’ 1 mittee, notifying the corporation council exempt a part-time ice-skat- [Interchem pf . changes would have to be made in|ing rink. te Eke the building before it could be ap- Furthermore, the petition says, in t

soumven RAILWAY ) | proved. the committee of / the . council

Defendants in the action.are Don-|js' not properly ‘constituted, inasNEW YORK, Nov. 20 (U. P)—~|alq F, Stiver, director of public much F it does not include the The Southern ‘Railway today an- safety; J. W. Ferree and Charles) State Fire Marshal, nounced the purchase of four oil-| Fox, the administrative committee. Other changes included “removal electric 4000-horsepower ® locomo-| The ‘corporation says it is ready|of wood partitions and wooden tives from the General Motorsito comply with all structural changes| stairway and replacement with con-

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Corp., with delivery scheduled for next January. ‘The engines will be

. used on the Washingtonsto-Atinita Cincinnati - to - Chattanooga

suggested by the committee, except the order to construct the entire

with ragips, fireproof steel columns

ceiling of %-inch cement or gypsum

and . covering. of - coal chutes with reinforced

crete or steel, replacement of steps|’

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