Indianapolis Times, Indianapolis, Marion County, 12 December 1940 — Page 31

THURSDAY, DEC. 12,

1940

THE INDIANAPOLIS TIMES

Purdue Forecasts ‘Good Prospects for Indiana Farmers Next Year

Times Special

AFAYETTE, Dec. 12—Indiana farmers will have an average or slightly better-than-average year in 1941, but the whole Hoosier

agriculture - ‘Picture may. be upset e war,

There will be a good demand for farm products but the prices these products will bring and the cost of producing them will hinge to

quite an extent upon the war's eff These are the conclusions of

Published in “The Outlook for Indiana Agriculture in 1941.” This week Col. Leonard P. Ayres, War Départment statistician, predicted that next year will see a boom in industrial areas. with. defense contracts and a depression in farm areas where loss of foreign, customers for farm products will be felt.

Purdue’s experts believe the A

stuffs next year because rearmament has opened more jobs and. fat: tened pay envelopes. Whether or not this will take up all of the slack:

caused by loss of foreign markets, But the Purdue authorities do

sier farmer prospers next year depends a great deal on'-just what. king of farming he is doing—cattle raising, fruit growing or grain farming. Prices of farm products on the whole are expected. fo go higher. And’ if the war continues through another year, PHiss advances may become ;

inflationary in character.

by the one unpredictable factor—

ect in this country. Purdue University’s farm experts,

merican public will buy more taod-

they don’t say. believe that whether. or not a Hoo-.

BUSINESS

Canada Tightens Its Belt for War By Banning Imports of ‘Luxuries’ - By ROGER BUDROW - —

IN ORDER TO SAVE ITS AMERICAN dollars for buygiving up a lot of the so-called

luxuries that it has been buying from this country.

ing war equipment, Canada is

The farmer in the U. S.

conserve foreign exchange, Business Week believes, but the will gain. The Dominion has

manufacturer of heavy goods

imposed two sets of restrictio

“The first is a complete embargo on importation (from U. S.).of sueh things as cameras, silk fabrics, toys and. dolls, “spirits and wines, manufactured tobacco, radios, china and glassware

list are -articles imported only with special ‘ licenses. These include unmanufactured tobacco, trucks, hardwood, veneer 7 hg » raw and a Roger Budrow petroleum products. Washington estimates thai between 50 and. 65 million dollars - in export trade will be affected by the new Canadian restrictions. ‘Canadians point out, however, that they are imposing even more taxes on their own -manufacturets to prevent uneconomic - expansion of their industries during the period ‘of emergency tariff protection and to encourage manufacturers to

concentrate their efforts. on war- D

time necessities. 8 HH » WHEN FINAL PAYMENTS are all made, $12,750,000 will be paid to more than; 135,000 Hoosier farmers for participating in the AAA program this year, according to state

AAA officials. ‘Last spring 140445 3

farmers said they intended taking part. in “the. program but. only a little more than 135000 signed up.

AAA officials believe more thanji3

140,000 will take part in next year’s

program. 2 8

IN ANNOUNCING Indianapolis Power & Light Co.'s $1,500,000 boil- 1}

er addition at Harding St. power G

plant yesterday, President H. T.

Pritchard brought out a point often 13

overlooked by those who think an industry can increase its output at the snap of the fingers. «Extra capacity cannot be installed - overnight as needed,” Mr. Pritchard. said, “put must be planned, ordered and financed many months ahead of the actual id, tions when the manufacturers of heavy equipment such as turbihes and boilers -are overloaded with orders.”

A CHICAGO Board of Trade.

membership sold -for $450 yesterday, lowest price in 45 years. Reason for ‘this, grain traders say, is that the public isn’t. speculating in the wheat pits as much as it used to. Consequently grain brokers aren't making as much in commissions. EE anon of : grain prices under. the Government loan programp is-also blamed by the traders for the falling off in business. Trading| ® ini recent months has been about one-fourth as heavy as in former

days. 8 =» =

‘opps AND ENDS: Auto manufacturers will need ‘less steel during the next month or so, Iron Age|® believes, but the slack will be taken

up ‘by the British. who did not get er 10; most 330-400-1b.

e steel they expected in Noal the | .... Toronto Financial Post reports a torpedo boat plant is nearing completion “at a waterfront lo<ig cation in Quebec Province.” . . fican Maachinist says negotiatween Hons be are about completed for manufacture of twin-row Pratt & Whitney engines at Flint but the Defense Commission ficial announcement of it. . . . Vir-

| boosted to $6.25 for good and choice 4

Choice— X 750~ 900 $13, 25- h td Beet —- FL 1100. 13:00-1

Choice— 5 750- 11.25-12. 25] Choice

particularly under presenti cy,

Canner..

Good and c¢ Common eT medi} desessee

Buick and the Gov-| fe

will make of-| Wese

will suffer from the move to

ns.

PRIGES ON HOGS RISE 10 CENTS|

$6.25; 9000 Porkers Are Received.

A 10-cent advance .was made in hog prices at -Indianapolis -stockyards today, the Agricultural Marketing Service reported. The top in trading here “was

220 to 230-pound hogs.

9000 hogs and 3230 sheep.

Barowsr and Gilts :

Good is Choice— Good to 120- 140 § 4.85- 5.35] 270- 300 oh % oo 5.85 40- 160 20- 6.00 300- 330 5.60- 5.75 5.55- 5.65

Packin ng Sows.

5.20- 5. 50

250- 500 4.60- 5.50 Slaughter PL edium and Good— 90- 120

5.85- 5.95 5.60- 5.90

Steer Bulls Yeariings excluded)

..$ 6.75 7.25

- Geoa 13. 00-14. 75 Smusase— 75, Goo -

13.00-14. d 6.50~ 7.15

pe Medium. 5.50~- 6.50 750- 900. 10.00-12 .25 Cutter and , 7s 5 50 . « CO) - . 1000-13 Bok Os ens a . 10.00-13.00| Good and choice. . 10.00-11.50 7.50-10.00! Common and 7.75<10.00| medium.

. {Cull 4.50-750-1100. 6.50- 17.50] Feeder and. Stocker Cattle Steers, Heifers

Stee: (Receipts, 552)

9. 25-10. 00-9.25-10.00 |’

00-1300. 1 1300-1200; Mo 00. 1100- 1300

500 “750. 9.50-11.28 300-1030. Good— aliens ! 500- 800.. 750- 900. 11.00-12.25/) Medium 750- 900. 9.50-11.00! Common~ Medium— 1-600-7.50- 9.50| Cates steers) © 6.00- 7.50/ 500 down. 0-11.00 Medi

500- 700 Common-— 500- 900.

Cows 500 down .60- 9, . 6.00- Za! Calves, theiters) . 5.50- 6.00/Good and Cho Rao h Gown 8. common 4.50- 5.50/M . 3.50- 4.50 500. an 7.00- 8.25!

SHEEP AND CATTLE (Receipts, 2)

Lambs 8.25- 9.25 Common

Yearling ‘Wethers Good an choice

. 3.25.00 2.30- 3:28

CHICAGO LIVESTOCK |E

Sheaay i: top. oa

$6. see. 2 "tor 220--1b. Sider weisnis wn $e packin sows; .40@ 5.65: heavier kinds, $5.15@5.

Cattle—Receipts, 3000; calves, 1200; fed steers and yearlings in’ very limited “supply; strong to 25c, mostly 10@15¢c highet; dod apd choice fed heifers sharing ades common and medium heifers slow but strong; cows. very active and 15@25c| G higher, bulls strong but vealers weak: hardly enough steers and heifers here to a_dependable market: all intere

Tesly; Lf = Sood and vera [email protected]; 3a

u [email protected]; extreme top, $15. paid. for prime ait eters 1050-1. ice & yearlings, : oads mn fed steers. 4 ood grade of-

‘Index|

Top Paid Here Rebounds fo| :

‘The Marketing Service reported A 570 cattle were received, 552 ‘calves,

A Receipts

4.35- 5.00 B Slaughter Caitle & Vealers (Receipts, 570)

$350. 9.50 6.50 | Shi

City & | Climax Moly Co at Colum as .. "| Col Pictures Col Carbon ..:

in Inv ComlInvTr cv pf. 105 8.25- 9.25! Com Solvents .. 8.25- 9.25! Coinwith & So.: Lo Cormwlth Edison ash 3 9.25. ‘8.25 | Cong-Nafrn . : Cons Aircraft’ . - 7.25 | Cons o jar Cons

00 | Container Cont

ee Cont Ins 25-30.00 | oon Mot.

Crucihle St oy Lan Cricile pf . | Good and choice ......... vied 9.50- 9.75| Cu Medium and good .:i.....cc.. Cu ae 1. 00- 8,00 Curtis P Curtiss-

7.50~ 8.25 Deere '& . 8.78 “3% Dist 4 Eo : Dome Mines .. DOW .e Dresser. Mig oo

Fest alr, Lines. 34% Eaton

ts, 16,000; active, fully| Ee. Autos

& L.. 3% 7s El Paso Nat Gas 317 Eng Johns vf..

First N Sirs... Flintkote Freept-Sulphur.

“however, ‘and crop well oar phi a

_ ND-don’t forget,” the Outlook viclently, they must inevitably That is the general outlook, as aspects of the farm situation.

family’s food will cost more a8 will ~and: sundries.

. should, be cautious about Increasing

and living costs,

{ de higher.

3

Corn will probably be higher than this year, p .ana, Ohio and Illinois, where the small corn crop will Hegly result in a shortage of corn for feeding purposes.

Warns, “that if prices are inflated be deflated afterward.” :

N\

they see it, Here are the various

Value of farm land will go higher, but not boom. So if any farmer is thinking. of buying more land, next year probably will be a good

time to do it—rather than go in debt heavily several years from now when farm products are likely to bring lower Farm families will have more actual cash than this year. The

its clothing, transportation, taxes

. It will be better to repair and remodel butldings and put {ri labor-~ | "saving equipment than possibly several years from now but farmers

their regular household expenses

v Farm wages have “already advanced and ‘probably will go even “higher in 1941. Building materials, farm machinery, fertilizers, are ex“pected: to be more expensive than this year but horses and mules will continue the lower price trend. ‘Prices of feed grains are expected to

partichlanly in Indi-

ss 8 =»

‘No appreciable rise is expected

ment’s loan policies,

The unfavorable

cheaply.

20 - “200

180

Ce EA Reon ’ a S, a

hea . Sy tog sho 4 f 4

Ad

Prices suring World War {1910-14 = 100) Prices during the Present. War (1905-09 =

1100)

sedan b aaa toasters dasa,

1914 “A915, 1939 1940

“second year ‘of the World War—in

-gy UNITED . ign Low Last Change A ; 5% 9-16 23% 10%s

34%a ii,

Alaska Juneau.

Allegh wp sii lh Alles 2a ¥ 10%

Aipfia

32 + TVs 30 63

- ee

¥ Yesterday ... 5 Week Age sesso cesesssesvenss 120.96 Yo | Month AO. cieneicirinsioies 136.97 Year Ago ....cves

| Yesterday ... Vy : Week AgO ... cecsssssvascses 23.67 Month Ago .. Year Ago

Yesterday ... Week Ago Month Age .. Year Ago

1916

1917 1941 }

1916—a’ moderate rise in farm

ary rise in the third year. Prices remained igh until 1920 ‘when they

N.Y. ST OCKS

PRESS

DOW-JONES STOCK AVERAGES

3 INDUSTRIALS Sednseiinennces 13106;

vewecasss 148.98 High, 1940, 152. 30; low, in 84, High, 1939, 155.92; low, 121.44, 20 RAILROADS ' : cesbiovesssvere SNOT

consssee High, 1940, 32.6%; low, 22.14. High, ‘1939, 35.90; low, 24.14.

15 UTILITIES vesscssaccres RO.OB

sesaneee essssesces 20.25 esbesecesevesss 21.40 . ‘24.95 High, 1940, 26.45; “Tow, 18.03, High, 1939, 27.10; lew, 20.51.

1918

+8. 29 -—0.79 +0.36 —oa0t

1919 1920

Following the bulge in Indiana farm prices at the outbreak of the World War and also at the outs “break: of. ‘the present war,. prices .remained relatively steady during the first year. However, during "the

began, followed bra an mu. faflatjenell. rapidly.

STOCK MARKET 8B IRREGULAR

Universal - Pictures First Preferred Soars $14 To-New High.

NEW YORK,.Dec. 12 (U. P)~—A 14-point jump in Universal Pictures first preferred fo a new high for the year featured an otherwise irregular movement in the stock market today. Trading was quiet, with activity tapering off when prices slipped off

4

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after a fairly firm opening. “The Faves Be stock was bid up to 124 on belief that directors of the

market close this afternoon, will make a big payment on dividend BrTearages on the Issue now totaling Ligget & Myers preferred jumped more than 5 points to a new high. Cuban American Sugar preferred .|rose nearly 4 points and General Railway Signal almost 3 points. Steel shares opened with small gains, reacted to losses running to % point in U. S. Steel, and then edged forward slightly in mid-after-noon. Chrysler was down ; point, however, and General Motors held at its previous close.

RAILROAD TO BUY 15 LOCOMOTIVES

NEW YORK, Dec. 12 (U. P.).— William M. Jeffers, president of the Union Pacific Railroad, today announced that the line soon will order 15 Jocomotives and is considering the purchase of an undisclosed number of freight cars.

Age reported the award of contracts for 43 electric and Diesel-electric locomotives and 608 railway freight cars including a contract given the General Electric Co. to. construct 10 ele¢tric switch engines: for the Russian Government. |

NEW FUEL DELIVERY ‘SERVICE IS OPENED.

Thomas F. O’'Haver, formerly in

charge of the Metropolitan Coal & Oil Co’s fuel oil division, has opened his own Fuel Oil’ Delivery Service at 3612 Winthrop Ave, handling | Socony- Vacuum Produess.

Mr. O'Haver

market officia

Yesterday the magazine Railway :

ARGE supplies of ils will tend to keep the price ow in comparison to corn until the 1941 crop prospects are evident, at least.

in wheat prices, because it is likely

| Britain will buy most of her wheat from Canada and therefore prices wil be determined by the demand in this country and the Govern-

Soy bean prices will go lower because of larger supplies of competing oils and meal and decreased demand for soy bean. oil and meal for export. Because of the large supply of hay, prices will probably remain low during the first part of the year. corn-hog price ratio is discouraging hog raising (there was a record number of hogs this year). the expectation there will be more demand for pork products next year, should send hog prices higher. It would be a good idea, therefore, for Indiana farmers not to ‘cut down on hog raising, particularly if they have a good supply of. com or substitute feed on hand or can buy it |

This fact, coupled with

It would be better to preed: the hogs fairly eaily and push the pigs along so. they will be ready for market next fall at the time of the seasonal peak in prices that usually comes aboui September because late-marketed hogs may constitute a larger than usual share of the total marketings. The cattle situation is a little involved. For the past

three or four years farmers have been raising more and more cattle and’ sooner or later Prices + are bound to come down, -

sition for the winter months.

‘the carrying capacity of the farm.

Sheep production is. expectec

uncertain,

smaller storage holdings.

receipts of poultry and eggs and: better. prices.

APL mens in he wey wi Bead atv wd neat of feeder cattle so the prospects for profit will be about the same as this year. In general these have been none too profita ! cause of the high cost of .feeder cattle. -

Feeding of cattle chiefly on coarse feeds appears to be a safe propo-

be-

view of probable feed scarcity in

Indiana, this seems to be a poor year to invest in feeder cattle beyond

But if the farm. is well suited to

raising. beef cattle there is no resson to sell the breeding’ herd Just to take immediate advantage of higher prices.

to continue dt a high level. The

' lamb price outlook is fairly good out the future trend.of wool prices is

Some increase in prices for dairy products is expected, Increased production will be offset by increased demand, increased exports and

Profits from poultry and. eggs are expected to be ‘greater the first y : halt of next year than for the first half of this year. Smaller market

‘better consumer demand point. to

The Purdue experts conclude theif preview into next year's farm - ' situation in Indiana with a warning that it will be a year when: thes unexpected is very likely to happen—when there will be more chances to make good Profits, ¢ or lose heavily, than during normal years. :

'SEC, EXCHANGE

BREAK LOOMS

IN. Y. Governors Refuse to

Withdraw Multiple Trading Ban.

NEW YORK, Dec. 12 (U, P)~— An open break between the New York Stock Exchange and the Seccurities & Exchange Commission appeared in the offing today following announcement by the Exchange that

on multiple trading.

of the Federal agency in this field; the Exchange board of governors: ab a meeting here last night voted to retain the present ruling which forbids Exchange members to act as for out-of-town markets - stocks which are listed on the New York market. The governors’ decision was taken despite repeated requests by the SEC that the multiple trading ban be rescinded in the public interest. Informed Wall Street quarters believed that the Federal agency would pick up. the challenge. The rule forbidding multiple trading has been on the Exchange books for more than 76 years, but no action was taken to press its enforcement - until ctober, 1939, when called attention to the increasing amount of business being diverted to other exchanges as a result of members” activities outside New York. Enforcement of the ruling was begun on Sept. 1 of this year, but extensions were granted fo several

requested postponement of the ruling pending a thorough investigation of its possible effect on out-of-town and regional exchanges.

WHOLESALE FOOD

NEW., YORK, Dec. 13 (U, P)= Wholesale food prices in the week ended Dec. 10 rose to the highest level since March 8, 1938, Dun & Bradstreet, Inc., reported today. The company’s index of 31 food commodities in general use for the latest week advanced 1 cent to $2.49, the seventh consecutive weekly rise, and compare responding 193% week. registered by wheat, oats, hams, butter, sugar, cocoa, steers and sheep | so while flour, corn, rye, barley, lard, beans, peas, eggs, hogs and lambs showed declines.

LOCAL PRODUCE 11 ey a, 8c; bareback Legh c; orn: hens, rebac ghorn hens, 7c; Barred and White Rock springers, Pe: other colored heavy breed springLeghorn springers, ‘11c; Sank old roosters, 6c. jong No No, oF 13¢; No. 2, & h No. 2, 14c; 0. E No. Toe. full feathered. and fat, 5 Ibs. and oor. Tc; Jie, ers oid 6c; colored, 5 1bs., and over, 6 r 5 lbs., 5c. Geese, full, feathered and der Te. Indiana Grade A_ large eggs, joe: Indiana Grade O edu eggs, - 22¢; Small Pigs A and No. 2 eggs, 14¢c; no grade,

C Butter—No. 1, ‘38c@38%%c; Neo 2s 2, 36c@ 36%4¢: Teter No. 1, 3dc , 33c. wiSountry plekup prices olen iy the

U. S. STATEMENT

. WASHING GTON, Dec. 12 (U. 'P.).—Government expenses and receipts ‘for the current fiscal year through Dec. 10, compared with a Year age:

169.33 130% 200,189.98 1,796,895,239.98

41,884,831,895,10 17,421,470, 468.31 4 159,183,918.32 INDIANAPOLIS CLEARING HOUSE Clearings .c.cecaccastsissvasess§ 4,827,000 Debits ..ocecercicconcconen eeeeae 11,136,000

Incorporations

log Colle . ot Ph sical T1 ‘Thera; 38 N Dela st. In ons:

ital Socks io Teach haa erapy 11 branches; D : Benwihaler Rawsrd J Andrews, SnTietis R. Schwin

it has refused to withdraw its bani: Directly challenging the authority :

firms. The SEC shortly thereafter|

PRICES RISE AGAIN:

Increases for the latest week were |b,

12c; bareback hens, |H:

Japan Bpenses $4, 311, 836, 034. 66 sid 136. als, 950. 311 Receip! . 2 02.46 2,328.9

Speaks. Neadas

S. C. Lawson of Ampeo Metals, Inc, will discuss aluminum bronze alloys at the American Society for Metals meeting at Hotel * Washington at 8 p. m. Monday. The meeting will follow the dinner at 6:30 and will be open to the public. A color film * illustrating the manufacture of aluminum bronze alloys will be shown.

LOW WHEAT PRICES: PREVAIL AT CHICAGO

CHICAGO, Dec. 12 (U, P)— Lower prices prevailed in the wheat market on the Board of Trade today in an extremely dull session.

Other grains also ruled lower. At the end of the first hour,

was off 12 to % cent; oats of! % to 5% cent; rye off 1%; to % cent and soy beans.1 to 1% cents lower.

LOCAL ISSUES

The Pollowing Sactationg i 9 the Judisn. repre:

approximate market sed on buying and selling quotations of recent transactions. Stocks Bid A Aq gents Pinance $e co! Va Belt R RR & Stk Yds com - 53 Belt RR _& Stk Yds pfd 58.. Hook Dr Ind Fow Riri ook

& Ind Gen Sov 6% vid Indpls Hydro Sie m 6% a o_ Ele: Id BL om re » Indpls P&L” Sho Indpls

Water 5% with $2.32:in the cor-|§ fod" pup N

Progress Laundry rv Co of Ing po hs o “ 3 b Serv Co of Ind 77 pid... 96 G&E 487% pfd . .....

Van Camp M nD Van Camp. Milk com

‘Bonds American Joun 3 a .

SE 2 “Tol a} 4Y, Crabbs<Reyol ds-Tavior ol 4 T&T Jt Wayne 5

158 : Rihmond. Water Nes 8s §7..

Trac Term Coro 5s 57 76%

FOREIGN EXCHANGE

YORK, Dee. 12 (U. P.).—Following are noon cable rates on na lor currencies: England ( und)

. 10207 Switzerland Hiranc) see «2321 [Yeden arn na) 2381

A 37 PASSE

pn" "a" — my

wheat was off 3% to 7% cent.: Corn|

CHRYSLER WAGE RATES BOOSTED

|New Castle Employees of

‘Auto Firm Expect $210,000 Gain. . NEW CASTLE, Ind, Dec. 13 (U, P). — New Castle citizens today looked forward to an increased total income of approximately $210,000 as a result of the 2-gent-per-hour wage increase granted to all Chrysler (Corp. employees yesterday.

More than 3000 men with over 12 months’ seniority will receive a $40

.|bonus, and working hours. will be

increased from seven and ie : to eight hours daily. The new contract is subject. to approval of the local unions but C. I. O. United Automobile Workers: offi« cials here intimated that this probably will be a mere formality.

DAILY PRICE INDEX

NEW YORK, Dec. 12 (U. P).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press: (1930+ 32 average equals 100). Yesterday I 124.20 Week ago e000 ROONRRRNONYS 124.23 > Month ago eecoscsosntsRee’ 122.98 Year 880 ...vesccsnecsssces 121.64 1940 High (Nov. 29). cvssaree 12433 1940 Low (Aug. 19) ..ccoceee. 11243

May We Suggest— ® Brief Cases ® Desk Lamps @ Chair Cushions ® Fountain Pens ® Desk Calendars @® Bill Folds: " ® Smoking Stands :

BURFORD'S

111 S. Meridian. RI-7301. |.

SRR,

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We Don’t Need Themi! Let

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That, in brief, is what you say when your phone goes unanswered or you ask your ‘customér to call another number, Ask it once about : our Telephone Answering Service, which answers YOUR phone when YOUR _ number is.called—and takes "care of all orders and mes= : Sages promptly. Costs very ittle.

TELEPHONE ANSWERING SERVICE 325 Bankers Trust Bldg. MARKET 332L

NGER SEDAN

Complete with Chauffeur

pr

for Group Trips RENT A G REYHOUND

raion cs en: ~11 Va

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EXT time your whale erowd takat & Wipe N convention, athletic vent, or Toh ny

out-of-town tipi -— go Grey. * hound. You'll'keep your croup toget SD . mxpenses down! It’s more saves delays and confusion, For information calls’ ‘* * . | GREYHOUND LINES : RL 7567 5

tual state control over Japan’s imsilk Sodusyry and fore B curbs on business there} Sesto predicted by Wall Street Journal. .. . The atin fruit sand vegetable juice business, not event . mentioned ‘in the 1914 Census, did

“Washi n_ and Bosart Realty Realty Corp... Indian u

8; hside oto: C., Indianapolis; Amendmells increasing authorized al 480 shares Cass A and §70 "of $100 par value; also change of agent to J. B. Chauncey, 29117 Central Ly Indiananolis,

tt pS See Co., Indianapolis; ates. amendment By hanging name to Robbins

——— in _Fa0D PRICES

ae Sk

esse

$2

ine. Wednesda. | ie, uality; ex Lari; to: Paty Toutch “Hon dam) sébulk 1H 23629.35; e slowing dat few woolec wr or 9 35 ar

Shee p—Recelots mostly ‘steady. “conside treme: Ton, 15¢ Thigher at 30. ers on part choice native | fed Westerns, 0: tod

-

5—| Class

EP Hi + Sh

Ask for Mr. L. NM.

LL 816 Traction Terminal

+ ++

Bigs, t5; | Coffee

. . .

“million dollar Business. last| EE iy _. Poor's Surveys believes|y the shoe industry will.reach a record peak next year.

ret

FREIGHT LOAPINGS LAG

oi

@9.25; shorn lambs steady to rong: spo shade higher: deck good fall shorn lamb: 8.75; about 4 loads recently shorn, $8.15 feeding lambs strong: ewes steady. pack

Fades: J ota, 8 t $8.'

NEW YORK, Dec. 12 (U. P).— Revenue freight loadings on the

‘nation’s railroads in the week ended

Dec. 7 approximated 734,000 cars, a preceding

cars, and compared with 687,000

cars in the ‘corresponding - 1939 pe- [35

riod, estimates based on early reports indicated today. :

“SPOT TO BUY : YOUR GIFTS ©

| GUARANTEE

week's total of 728525|5ED

toby

OTHER LIVESTOCK

Dec. 12 (U. . 220-240 1bs.. 6. -200 1bs., $6; 1bs. $5.00; 240-260 lbs. 7% $6.05: 260- Tos. ss 95: 3 b s.. $5.90; 300-325 1bs.. $5.85: 535.80: 350-400 1bs., 435.15 75: 350-300 40-150 1bs., $5.2 -140 1bs.

FT. WAYNE, es cents ‘hi her; sels: 3 220-220 280-300 8. 1 Toe. 8 $4; calves U. P.).—H Sy AIR pie

CINCINN. Dee, Salable 2850: Boldovers, active, mostly it i higher;

$5.25; st aes, ambs, $9.25.

100-140 1lbs., $4.3 10; sows I 50% smooth ightweights “Mound Cattle—Salable, 250; total, 325. Caves | —200. Stoers and heiters. SL

; TIRE AND BUBBER | co.

on Everything! Diamonds, Watches, Autos, Cameras, Slog, Shotguns, Ete. JEWELRY ;

#

age s good natives, $4.25; load mediurh ewes. Int PX . n seen {int T&T

| Kresge : Kroger G&B'’

Lambert 135 150- ~ "ibs. $4. 78: 100- ao. hi $4. 30. J ughs, $11.50; 1 man

00. : choice’ ee iinie To $9. oot hes 51. moe, $580 50. | Mart

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AT OUR USUAL LOW PRICES

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Woolworth .. Worthington 22

Yellow TrYoung Sheet... 41% rr minasntsalre

for ch corn: New No. he .' 3 white oafs, 33c

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2% i ga’ 32% | 32% : - Joo 15% © 157 43a

GON WHEAT ange. other Oe on

4 new etan metus Cath Be:

new No. 4 Mhits shelled corn

SRigY IAS DAY!

: affow cou Te Wil nd die | and principal towns. Use Air _ Express for super-speed delivery minute gifts, Phone.

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WAG : Indianapolil ats «ram Sic evaars are are IE

31. 25. 50 ichigan

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‘No extra charge of any & Price is. as for Sel "Hl?

Co. Midtown Resity Sop 41 419 Lemcke Bldg. Arnold, sam

Indiana aa PO 0 “share es no LT value; Teal 5 “budier K. Arnold, R. E.

estate Business | Thorpe.

*l sion.” :

Bai. Hudsons dissolu- 5

Buy Direct and Save

glasses, direct ‘fr Iactory, thro it A mare? gta smart to be ry, Be

kestacered Doctor BES

a Payments 2

FAR "OR NEAR ‘ground on ron AINSI Broken “dupli- 3 ¢ re-

- FRACTURE BEDS Can be rented at the new

HAAG'S ALL-NIGHT DRUG STORE 22nd and Meridian

¥ “&

Bldg.

NO MONEY DOWN

Payments