Indianapolis Times, Indianapolis, Marion County, 15 February 1941 — Page 9

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pig

|" Reports Gains

FINAL NEW YORK STOCKS

By UNITED PRESS

Net High . Close Change

DROP 10 CENTS 300 Sold Early at Steady Rates; Top Paid Here Falls to $8.30. HOG PRICE RANGE

Feb. 4 sorratstmacsnerysist: 5h noth

-+0.89 —3.44 +0.41 +0.21 +0.52

Relaxing of Far Eastern Tension Is Factor in Improvement.

. NEW YORK, Feb. 15 (U. P).=— Stocks were firmer today after yes terday’s break to new lows since June 11, Steels led the recovery. At the high for the session, Bethlehem was at 76% up 1; U, S. Steel 57% =

up % and Youngstown Sheet & Tube 323% up 1. Coppers were firm. Chrysler and General Motors

[+++++

26.65 26.54 28.26 29.03 9

Today Yesterdav a Week AZO cccccovssscssnnses Month ago %.... cocecerones Year ago ....... High, 1941, 29.73: low, 26.54 High 1940. 32.67: low, 22. 14. 15 UTILITIES

sssstacsssbsgensennnnes

seescesstsvsenrans

[+++] +4

Today Yesterday Week aZ0 ..cccaessvnsnntans Month a0 .....ccenevveceecs Year ago ..... High, 1941, 20.65; low, 18.85.

esssensssssecintene

fs Low. CloiEis t DOW-JONES STOCK AVERAGES — : 30 INDUSTRIALS Indiana Involved in Another | &see: Esp «-:: ‘3% ‘8 Di . | Addressograps 3 ia 13 Week AZO -c.cevesseassaesss 12471 Battle Over Freight Charges dius dire: BY; a iin By ROGER BUDROW (the oT i High, 1040, 15830; wo, 11183. FREIGHT RATES ARE LIABLE TO BECOME. front Amerada I 29 WAILROADS page news again soon. The Interstate Commerce Commis- 2x sion is making a big investigation and when it is all lover A Indiana will find its annual freight bill has been increased | Am 20 million dollars, according to estimates the State Chamber of Commerce says are “conservative.” To begin with, it is necessary to realize that Illinois, Amar we Indiana, Michigan, Ohio and the other states farther east have lower freight rates than any of the other states. Rail-

Most hogs sold at 10 cents lower

road freight rates, set by the ICC, are higher in the South

than here, higher yet in the Western States, still higher in A . Metal

1 Metal tal pt. 14

Loco pf 81 Mach&Fdy. 12% CL a

2 iH 6%

High, 1910, 26.45; low, 1803.

15 MOST ACTIVE STOCKS Sales Net

| at Indianapolis stockyards todayy

although 300 weighing more than 220 pounds were bought in early trading by an out-of-town packer

made small gains. Rails firmed. Savage Arms and New York Shipbuilding gained a point. Home= stake Mining was up more than a

the Southwest and reach their peak in the ‘Mountain and Pacific ‘Coast States. ; *

When the governors of the South--ern states got together several years WHE AT CORN ) Am T & T CLOSE LOWER : = ‘A Am Zin

ago on a camA Prices Sag in Late Trade;

paign to bring factories in the Other Grains Show Decline.

South to relieve the depression, one of their ideas was to get CHICAGO, Feb. 15 (U. P)— After showing a fractional upturn a gocd part of the season, wheat futures on the Board of Trade 10st [pag 1, ct

: 21 ave Ve RudéSs | = oh 6 va ibe (in 100s) High Low Close Change G a» 53 g2%a 5 *|at the same prices paid yesterday. . } y M'Neill 178 5% 5'2 5% % : 3 : R M cv pt 65% 1162 : The Agricultural ‘Marketing ServSafe Raz. Wright.103 53% 1% 1% 3 n 23 8 Ye Seatin 5 575% 57 Bila 5 oil ha 7 y 2 | ice reported the top today-was $8.30 Ship Build 31 12% 12 12% + % Op3, pf. 84 :-- |for mostly good and choice 200 to st res 14% 14% 14% % 210 pounders A total of 100 A a oii 3 | Radio . ar .... |cattle, 25 calves; 4407 hogs and 25 a 4 0 0 hit sheep were received. 761% . 576 6% Me 17 17% 2235 2216

point. Great Western Sugar pre= ferred gained 2 points. American Steel Foundries and Bath Iron Works also were up a point. East= man was more than a point higher at its top. Small gains were noted in rail road shares, which responded to better earnings reports. The New York Central statement for 1940 showed net income at $11,265,084, ‘a new high for a decade. That oil compared with $4,509,236 in ° 1939. Lightly relaxed tension over the Far Eastern situation was seen as a factor in improvement of the stock market. It also influenced Japanese ‘ dollar bonds, which rallied. Domestic corporate bonds and U., 8S. Governments were steady. Grains were steady, while cotton lost a few points. Pittsburgh reported’ steel opera=

Cur’s U 8S Steel .... 70 NY Central.

| +++: oh fh fo 4 :

Edward B. Raub . . . re-elected president of Indianapolis. Life Insurance Co.

Gen Motor... 4| Gen Elec ... 52 Beth Stl ..... 49 Rep StI ..... 4% Anaconda ... 45 22% Socony Vac.. 45 B87 83% 87% Int Paper ... 43 11'% 11% 113% Radio 44 4 41s Sthn Pac ... 36 8'2 8's 83%

—- DUT = = DI LI 03

HOGS

.Bdrrows and Gilts to Choice— 140

BID =

tbh Foi HEY TR Fr TI

$3,712,455 of ‘Insurance Sold During 1940, Raub Reports.

All officers -of Indianapolis Life Insurance Co. and Walter H. Huehl, the only director whose term expired, have been re-elected, it was announced today. Directors whose terms did not

lower freight rates into the North and they strccedded to some extent. Now the Southwestern states have : joined them in ‘another attempt to lower rates. Much will be heard about a new transportation rate theory called

—

...|Rep Stl oe Ah | Ben Bil pr 104) i HT evn Met - Stock sales approximated 400,000 ren Top* rrre iol shares, the most for a short session | Reyn Tob B ... 324 this year, compared with 180,000 Roan Antel ... last Saturday when volume was the’

sesastisesay

A NSPE 335 «I CO bb pt OO OO ON 9 D930 0 9-103 ®0 0s i N00 ODI CGI LI ee TO coomSoqQuowm

edium —- 180- 200 pounds Packing Sows

21 Good and Choice— Vi.050 ese sesnsn an x srssasavesiive 330 330. 360 pounds ...ces00000... T.10@

ood— 360- 400 pounds ....e0..0..... 6.90@

na oo

tustless 1&S. 10 smallest since Sept. 14. Curb stock |g... ay sales were 98,000 shares against ateway 5 pt 53,000 a week ago. suck Lead

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ANS ND. DIS EEELE b H

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Roger Budrow

—

Aust . Aviat Corp ...

— 00 CLItOMLY

ms -«. Schenley Dist . Schenley D pf. cott P 4'% pf..1

“the destination level.” It means that a manufacturer of machinery in Mobile, Ala., for instance, could ship to Indianapolis at the low

ground in the late dealings under scattered selling led by a professional operator. Prices dipped a share under the

Balt & O Bangor & A . Barber Asph .

1d Balt & Ohio ..

Barker B pf ..

SRE aAe

Net Low Close Cliahge 3 Va 3,

High Gillette S R ..

ag 1 7 1a 1a

eabd Air L ... eabd A L »f.. ears Roehuck.

RNa = WW — CE aas

ow on

400- 450 pounds .....ee0...... 6.85@ a= 50 500 pounds ... 6.65@ ed 250- 500 pounds . 6.15@

Slaughter Pits Medium and Good—

expire are Edward B. Raub, A. Leroy Portteus, Albert H. Kahler, Dr, James B. Young, George A. Raub and Irving Lemaux.

tions next week will hold at the present rate of 98 per cent of capa=city while Chicago will reduce its | rate from 98 per cent to 93 per

8 I Officers are Mr. Raub, president; Mr. Portteus, vice president; Mr. Kahler, second vice president and superintendent of agencies; Mr, Choices. Huehl, actuary; Dr. Young, medical 200 POURS o....veve. 810. oo| director; Charles L. Rouse, sec-

cent as a result of forced closings of some furnaces for repairs.

preceding close. Easiness in corn also was a discouraging influence. {Ben In : Other grains sold off small frac-| Beth Ste cl ; tions of a cent in the late trade, | Bein 1 5 Wheat closed ‘off % cents, May Black & cen 9@79'5c. Corn was off %, to [1% cents, May 60'sc; oats off 39s to .°% cents; May 343%c bid; rye off 's to Borg- Warner .. 3 cents, May 43c bid, and soy Brow. CB.am beans unchanged to off & cent, | {Briggs Miz reas 19 May 911: @91%c. Early firmness was due in part: to the better tone to the stock market and light selling pressure. A house with Eastern - connections was: a’ moderate buyer of the May delivery at the outset. The disturbing situa- | Bulova tion in the Far East and in the por 5% Mir Balkans caused traders to operate {Bush Nn 2 cautiously. Bvers A M : Corn prices dipped about 2 cent Byers of a bushel in the last hour of the session under local and commission house pressure which disclosed a limited demand. Volume of trade, however, was small.

1 ‘8 1.]8 1,

90- 190 pounds CATTLE : Slaughter Cattle & Vealers (Receipts, 192) Steers .

oo 31

AAD @AAeR

rate prevailing here while an Indianapolis machinery manufacturer would have to pay the higher rate if he were shipping to a destination in Mobile, even if the freight went over the same rails. - Why does this territory have lower freight rates? The State Cham‘ber of Commerce points out that the cost of operating a railroad in ‘the South (mile for mile) is higher than .in the North because the number of tons of freight handled ‘per mile of road per day is about two and ‘one-half times greater in the North; northern roads handle ‘more. cars per train, greater loads inh each car. It concludes that although the South has higher rates, their railroads make no more net ‘profit after paying operating costs than do northern railroads. a” un n s+ REAL SIGNIFICANCE of “blackout” (windowless) factories is not ‘so much the fact that no light can escape to direct hostile bombing planes but is in other advantages, according to the new magazine, Modern Industry. These advantages include air coniditioning maintaining right working temperature and removing heat and fumes; acoustical and shock absorbing material which dampen noises making it possible for clerical employees to work efficiently a short distance from crashing stamping ‘mills and presses; and artificial:

-e BN

COO tt £2 | +441 | | + 35328252; i ®

HERO ONONWHII OB | ND hb

Graham-Paige.. Granby Grand. Grand U wets a WT .

ne»

thE rE

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Curb Stocks 900-1100 pounds .. retary; Paul E. Fisher, treasurer; :

4 1300: 1500 Buns evares o|and Egbert G. Driscoll, cashier. Low Close Change Almus G. Ruddell and Obie J. i a? 2» Smith were reappointed to the ex-| 3 .. ecutive committee and all other|Am & & officers and department heads were reappointed. Mr. Raub reported assets .increased | $2,140,922 during 1940, bringing’ the total to $26,144,751. B Surplus increased $151,129 to $1,633,435; insuranc® in force in-|B creased $3,712,455 to $114,767,904. The company paid $1,718,007 to| BY policyholders and beneficiaries bringing the total to $24,249,542. All| & these gains ‘were greater than those & made during 1939, Mr. Raub said.

ocony-Vacuum. Por R Sug .. 1 Cal Ed .. ... outh Pac .....

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Bt a OD CODD dt DOr ot pt OD bet DD hot pet pot £3

cesses tsesense

1300-1500 pounds

Medium—, 750-1100 pounds .....eeevees 1100-1300 pounds ....

Common— 750-1100 pounds .. . Steers, Heifers Choice— 500- 750 pounds .. Good — 500- 750 pounds

CR = WG BND AS NB NB

9.00 10; » 1.75@ 9.00

ACS ONLICIDI rt Bid ek ph OO eh DD bt bb ft £3 o

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ov M38 14% f ...105%2 105%

T1462 146% 6 6

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ullard [email protected]

[email protected]

WDD = WOON DODA 10D Xn

tt NIDD — R= ORNL ONE=DL

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Std Oil N tarrett y tew-War . tokely Br tone & W Studebaker .... HAshite Min Oil Cues . Witt & Co Hudson Motor. . 2 Syming-Gld ww Hupp Motor .. 16 y Syming-Gld xw

Heifers

tpt

Choice 330-9 900 pounds 750- 900 pounds ... Medium oy 900. pounds

Com 500- 960 pounds

[email protected] [email protected] 8.50@ 9.75 7.00@ 8.50

Fon es 221m Chicago Stocks

3 , senses Tex Gulf Prod 275 7 8... Canner 25 G Sul . 38Y ; rier

tesserae

° a a @® ann J. 00m) GD re J Ja

Cal Packing Cal Packing pf Callahan Zinc.. Calumet & H.. Can Pacific .... Car C & O

Carpenter StI. Carriers & GC

3 La Pa

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Con Steel . Sond “pet reole Pe Low 5th Hr. Preor B Enale Bcher L. El Bd & Sh

11 ‘Central .... 11 Cent pf .... ndp]s P&Lt ... nd Rayon .... 23 Inland

Telautogrash .“ Tenn Cor -e

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RANGE

447, Se

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Wheat— 2 Open High May, .$ .719% § 153, $ July.. Jay 142 13%

Sept.. .74% Corn—

May.. .61 July.. ".60%

—- =

Low Close 79 L198 § (Yearlings excluded)

on DADO T WW

Beef — Good ; Sausage— Good Medium Csrenn Cutter and common ... Vealers

Good and choice ..... Common and medium .

nterchem pf .. : 1.25@

nterlake Ir ... gric se 1 Harvester. . ai Hyd El A.. 1% Marine . T7'2 . 3% . 237% 11 11%

SF »w a

"73% : Fairchild E an A

Ford Glen, Alden ... A Po

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N=IDOD

Bruce E L Cont. Ill PS pf.. Chgo Corp cv of. Cities Service ... Comwlth Edison . Conso' Feeder and Stocker Cattle Steers’ DN bbe res

ge D (Receipts. 305) Elgin Nat Wat ......... Choice—

Eversharp Inc 500- 800 pounds Fuller Mfg Co .... 800-1050 pounds Gen Fi Good — 500- 800 pounds 800- 1080. nOUNAdS .eesnsecseree, Mediu : 500-1000 pounds Common — 500- 900 pounds Calves Good and choice— 500 pounds down .. Mediu

ume 500 pounds down

Calves (heifers) Good and choigs N pounds down ...... 8. .5 Medium— 010 5 500 pounds down 7.50@ 9.00

SHEEP, LAMBS (Receipts, 93)

d. Certn- td 6 pr pf 2 Epamp Soper, : 4 ’ . ¢ amp Pap of.. Sept... .60%2 Checker Cab .. 1 Dats Ches Dn fo. 3 ; 3 n43:b!l 3814 os MT Be ‘3174 '311.p [3171 Ches & Ohio pf 10 Sept.. .31% / 134 35/{IChi Pnue T.. Rve- Chi Pn TI oy of 3 May.. .43Y July. 443} Sept.. .45Y Soy 'Beans— May.. .92%

July.. .88% Lard— Maren 6. 32 May.. 6.2 July.. Sept. .

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Transamerica Tr & West Alr. Tri-Cont Truax Tra .... = 20th Cent-Fox .

= Saas

ee @ = — °

m Int Petrol Irving Air Jones & L Sti Kirby Petrol ... Lake Sh Leigh C & N. Lone Star G. La & Ex Marion St shvl Mesabi Iron ... Molybdenum .. t City Copp..

PILE EH]

Union B & P .. Shion Carb n Oil C

a ww NY

sesessessess $10. 1

[pteny er Coal:

TR ANNR RDN -3 an nN

sesso ssnane,

an Aircraft ... Afr Lines .. Un Biscuit . United Corp ... United Cp pf .. United Drug ...

8 | Jarvis Co Jewel Tea ..... i Johns-Man 512 55V4 4! Jones & L 7 ‘pf. 10032 100% ——

924% 88%

Pt bt £3 3 4.00 WNW DI -— ~

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DW DLONDLLAD

0 ik. 283 Col Broadc’'t A 19'3 Kan

1 | Col Broadcast B : C Sou 4 64s 5 : : ; ree 2 / i Js | Kaufmann DS. 13% 6.65 7 6 Z 18 é : v y-Haj $s . 99% 31% 12

steers)

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[email protected] 8.50@ 9.75 M

—- —- 3 NF Jed _ 30 0 a EE

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om’th & So pf 49% Som th Fdison, 289% Cong-Nairn ..., 17 Cons Aircraft. 2394 f 94

Gypsum ... 61 Gypsum pf.174 Ind Alc ... 22's ath 3%

Kresge Rresie ps :

Ee Ge De De OF FEFSSESSSSSE Se 5

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Puget So 6 Republic Avn..

St Regis Paper. Lock

enn Press Stl Car ......... Process corn ; uaker Oats p Ravtheon pf .. . A ) gezal Loe K "WL % we B02 150 2|Std P&L i L&P .

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Lambs Good and choice 10.25@ 10.65 Medium and good ... [email protected] Common 8.0 9.00

Yearling Wethers . Good and choice Medium

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tan Dredging : tan: Oil Ind loyart-Ws -War

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P sien Technicolor RE Un Airc Pd .... Un Cigar Strs Un Lt & Pwr pt 21 i

U S Steel 4.75@ 5.50 : Un_ Shoe 3309 4.30 Ut & 1 pms 2 U s Foi

CHICAGO LIVESTOCK Yeneguetan Fit:

ss ananiade 20% Un Wall Paper. a en West Virz Coal. : — Hogs—Receipts, 500; little done; holding most offerings at yesterday's prices; Jew Sige on tutchers about Steady "at $8 FOREIGN EXCHANGE n. or e WwWeek—Hogs los to 10 cents; late top, $8.20; killers showed in- The followin ot . NEW YORK. Feb. 15 (U, P.).—Follow. terest with top prices around $8, all in-|apolis Bond as Cie Es aan ing ae 12" noon cable rates on major curs terests buying freely when, at iow time, |sent actual price of offerings, but merely Net top fell below $8: well finished outchers|indicate the approximate market level PLAN scaling 190-240 A predominase S0Ws | based on buying and selling quotations of | gngland, pound ... comprised about 5 p recent transactions. Canada. dollar .. i 4.00 V4 Arig Eda. 3 “ovof:

5.508

PO SE

Cont Bak pf.. ; Cont Can

+1 14+:

CERN

531 532 Univ Pict 1 pf. 13014 139% ha

Vanadium 26! Van Raalte pf’ ‘11475 2%

' + — at @ AN

26 11412 WVick Chem .... 423% Va-Caro Ch. ... Va-Car 6 nf .. 20 Virginian pr .. 40 Vira Ry of ... Vulvan Det ... 89

LOCAL ISSUES

Lorillard Yalaorf ® ae

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>» ana NANNY

Mack Ni avis Macy R Madison sa G.. Manati Sug . Marine Mi

this class closing at 240-1b. butchers were bringing [email protected]. Stocks Bid 3 tira Cattle—Receipts, 100; calves, .ione. For |Agents Finance Fup com.. 9 ‘hla, arkka oie aie the week—Fed steers and yearlings ‘were | Belt RR & Stk Y Sonar franc : a 25 cents higher: closed active on the ad-| Belt RR & Stk vas pid Sweden, kro ona nee 33887" +-.0001 vance; fed heifers ‘in excessive supply, |Central Ind Pow 21% Japan y . Vans choice kinds weak to 25 cents lower and SOmMWRB | Loan Bid y .. 2. medium to good grades 50 cents down; a other Classet funy st steady: most fat steers Home T&F pt Ft " Wayne 7% oid 2|sold at [email protected]; little above $14.25; |Ind Asso Tel Co most Fed a nd choice héavy Colorados,|Ind & Mich Figs 1% $13 14.25; prime 1307-1b. bullocks topped |Ind Geb ery 6% pid , $15.75; but next highest price, $14.85; with best jSarlings a 0: moderate Shs Jl 5 red medium steers, $9@ 5: oustan ing 1057-1b. heifers nade $13. bulk ifer crop sold at [email protected]; / Bt little above $11.25. best light offerXx O & Vs J wel ings stopping at $11.50; thin stockers very NE age If i a] illyse ver p eep—Receipts, Pro { = gress Laundry Vilson Fat lambs closed steady to 10 cents high Pub. Serv Co of Ind 8% pid.

er, sheep stron week's and :closin 0) fat as a 1075 to shippers one city Rub Serv C2."! 3d 10% pHd.. nfd.;..

03 33-303 K rt Cl Find TRTACAT NE a ANT

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va Mexico, Yooso

FOOD PRICES

CHICAGO, Feb. 185 (U. P.).— Michigan Jonathans bu. $1. To Celery, Michigan squares, 75@$1.15. OE Mexican lugs, $3. Spina

dddd dd Add

L1Ht4Et | tats dg5ddg<dggsss

Davison Chem . Deere & Co .. Deere nf

WHOLESALE FOOD a HIGHEST SINGE 1937

Diam Match ... NEW YORK, Feb. 15 (U. P.).— Douglas Airc .. 657% Wholesale food prices in the week 3 Laas ended Feb. 11 rose to the highes? Du Pont pf ...121%; 121% level since late December, 1937, Dun | Puaues L 116% & Bradstreet, Inc., reported today. me haa ; gn ec-Auto-%L, ... 277 271% f The company’s index of 31 food 3 123% 1 '2 | Mullins Mfg B.. Young Stl Dr! ] uoted fo around $9.50; good to choice commodities in general use for lhe Bl e 933} 2 ee Munsingwear .. p 10% 8s. z— estern ewes, $5.75@6; shearing lambs, . ; Murphy G C... 68 : 2 [email protected]. latest week was $2.55 compared 2812 Murray Zenith Rad Soe ‘with. $2.54 'a week ago. Increases i ak Zonite were reported in the price of flour,

Indpls Sic Indpls Pat 55%. Pp. Jiepis Water 5% oe i Nat Lite Ins Ind Pub

+: 4+]

. .

For the week—|N \ohiga

Sweet

wee

Yellows, Spanish, st [email protected]"

DO YOU WANT MORE PEP?

Is Your Liver Inactive Making You Feel “Down?”

you shoulg try Haag's Liver Pills Fithou ay. I tf your liver isn't recret ing all the bile it should the bile flow is not stimulated sufticiently to correct faulty elimination. Constipation results, and that ‘low’ pepless a sour interest in in itfe Jags ana Jour re not LAFAYETTE, 15 (U. P.) — | P ei Quise § Market A Fes Mower: 160- 200 Ys. HE 70 ’ A ol puis, and Suny’ ops [email protected]: pigs. ; a8 39: 250. 325 os / Stores in 25c and 50c A

own. Calves. $13@13; lambs, "$1010.35. - U. S. STATEMENT |° = Gorenment Bon al JEWELRY / FA) i

operate street ne public oo Har] . WASHINGTON, & Feb 15 (U. P.).—Gov- Treasury Bonds John, Ralph Shadle, J. D. Rem pel Garl| ernment expenses and receipts for the Jish be WEST pede 30

oth oh ot Rh hh oh

butchers, TL bulk good to choice fed Westerns, $10.25@ 10.75; mostly 310.50 late to packers on 94-100-1b. Neights, io Joads 108-1b. heavies late, $10. good to choi $1010, 25, mo

<< . Comma . CO OD mda Te

5 12415 140 Monsanto Monsanto of EB. 3.119

[+1 HLH:

van Camp Milk pid. Van Camp Milk com.

Bonds American Loan 8s 51....

summer shorn fed Aga [email protected]: recently shorn, @8.75; few just good light yearlings. $9;

rere ome T&T Ft Wayne 51s... Crabb-Reynolds-Taylor 6s 42.. OTHER LIVESTOCK |Fome T&T rt wayne 6s 43. i WAY E Feb. 15 (U. P.).—Hogs— | Inc Yas 70 Incorporations sexi Sandy "oe, ‘3a 30 ~ 188 4 $8.10: $0-18 Ibs., $8: -240 lbs. .95; | Ind General Elevator Co., Inc, Maryland $7. pn Ka 280 lbs. $7.55: 280- | Ko 2 | corporation; admitted to ‘Indiana to install | 300 lbs. 7.40: f. 30; 3 Zu elevator equipment, in waterless gas hold- p S The. :20: 50-160 1bs., |! cid Sor anni Scholl M. 0: Inc., New York corx a to Indiana to manucture foot comfort appliances and reme-

+] 1+]

Nash= Rar cine Na

Acm Ao Fibres Aviation.. Biscuit. Ca =: Reg. «3

+++ +1

1+1:

ie. 8% Nesave 414 —F a Then Fair The 27 2% Fair The of.. . 40% 40% Fair Morse .... Fajardo Su . 19% 19%

Ex-cell-o 25%2

lighting providing uniform light— day and night, winter and summer. ODDS AND ENDS: The Brazilian press is sponsoring a movement for Government control of cotton along » i - Wheat—No. 1 hard, 853; “Bona fide buyers” wanting to pur-|y, mixed, 65%c; 'No, 3 yellow, 62v2@ chase British investments in this|e3; 4 yellow, 31% fella, No. 4 country can get loans from the RFC |’ yellow, 57@a8%c: ise, Pay iT ot Yo money directly (because of neu- 0 YPle, pravy Cons Egizon, pi 10822 trality law) nor can it lend to? es ) ns 7 American agents designated by the ; sample vellow, 84%c | Gong obs. PL. ; feed, , 45@56¢ | Consumers p pf. 103% vestments for the future. . .. N. Y.|seeds per nominal Timoinysead, $4; alsike, $9.50@12; fancy red top, $7.50@ Stock Exchange has turned thumbs 8; red clover. $8@10: sweet clover. $3. soe down on a proposal to stay open $5.30 nominal; leaf, $5.37 nominal; $11.12 nominal. Standard Time) closing time. Some members thought they could pick LOCAL GRAIN up some badly-needed business if 00 Wheat-Jrasy; Jegeinte, So 5 Jo, 4, aed. 16 ) . 9@ 0. ‘+ . . Edward Clayton Eicher of Iowa 3a ioc! No: § fora. TTaT8e. Crane & cv pL. 10974 is reported leading the field to be Gorn Easy, receipts, 22 ca 15, a No. 2 Crown Cork 22% : : l . 2 Ta SEC Chairman, succeeding Jerome |Y§llow. 55@56%c: Ho. CeO low: mixer Eracil 3 Sam err 85% ; ats—E ts. 11 Cub-A EA ner T. Pike, one of the SEC: Com- LE IR gl ae a BASIE Cut = Sug of. 73 missioners, running second. . . ais Beans—Steady: receipts 3 carsi In- ) 5% ‘Wall Street Journal says Indianap- 2 yellow, 831, @84" PY Cart Pb Curtiss. wr A. 203 .four-wheel drive trucks were used ushman 7 p 3 Indianapolis grain elevators are wayin 1 to drag field guns for the British |for No. 1 whe Be Al MarIt|Cub Am § cv pf ia ‘in the battle against Italian-held change: ot other grades on their merits, Cash — No. 2 white oats. 32¢c. 83 trucks were useless on the desert. NT . . ..January airplane output is estimated at 1054 of which 962 were .one of Britain's largest, has added 4521 workers because so many of 4ts regulars have been taken into get their bank salaries, less the armed service pay. LOCAL PRODUCE orn hens. 9c: No Leghorn hens, 6c: arred and White Boal broilers. 3 lbs, and over. 19¢c; No. 3 broilers, 16c; hi i) a %* di ig 4c; In “A” medium - ar Way a” noes 2 eggs. |lard, cottonseed oil, cocoa, steers Butter—No. 1, : S2%¢. Butterfat—No. ; N o> 3 2%. [oats barley, sugar, hogs and sheep Country Ee auo e v e were lower in price. No

” n 2 the lines of coffee control. . . . CASH @86'4c. Cori— ¢: 0 le grade. 55% @ but.the RFC can’t lend the Erith ixed, hea Cons Oil _iB British to buy and hold these in Pia Consumer 3 Cash Provisions—Lard, $6.15 asked: ose, past its regular 3 p. m. (Eastern belies, CASH ~the Exchange stayed open longer. —Easy: receipts, 22 Sonn Fier 377% N. Frank who resigned, with Sum- corn, 1@ 21%c under. b ana No, 2 yellow, | 84@85c; Illinois No. Curt Pub or ‘bt 23 : Marmon - Herrington’s olis - made arm g WAGON WHEAT Cutler-Ham n; 4 white shelled corn, &7¢; Bardia. * Reason: Two-wheel drive ¥o. “military”. . Lloyds Bank, Ltd, the armed forces where they still Heavy hens, l4c: No. 2 hens, lic: Leg- _ roosters, Tc. pn 15¢: 34@34 5c: No. 32@ |and lambs, while wheat, corn, rye, 30c: eg.

hs, $6.5: sao." $5: $10.2 Stag

t Dep . Distitlers rs Gypsum. . ad: C... M & Stl e r & Lt. dies. Pearson Construction Co.. Michigan corSun’ Penni’ 3 Be ration; admitted to Indiana to engage in Sup 5% of 2 Puailding business. Ross Garver, Inc. dissolution.

Montpelier Fair Association, Inc., 306 S. Main St., Montpelier; no cap ital stock;

S.. : calves, $13.50;

+H] +: H+]

— an

Terre Haute;

Firestone pf A.102:% 2 [| First N Strs ... 38%

21 Florence Stove . 313% Florsheim A ... 21 12 "Poster Wheel . Fost-Whl pf "11169 Ya Freent-Sulphur. 34

- *® 1

a ah a a, Naar

Capital Losses May Be Deducted Under Only Certain Circumstances

No deduction is allowable for losses from sales or exchanges of property, directly or indirectly, between (a) members of a family, (hb) a corporation and an individual owning more than 50 per cent of its stock (liquidations excepted). (¢) a grantor and fiduciary of any trust, or (d) a fiduciary and a beneficiary of the same trust. If (1) shares of stock become worthless during the year, or (2) corporate securities with interest:coupons or in registered form are ascertained to be worthless and charged off during the year, and are capital assets, the loss therefrom shall be considered as from the sale or exchange of capita). assets as of the last day of such taxable year. In determining “gain” in case. of property acquired before March 1, 1913, the cost, or the fair market value as of March 1, 1913, adjusted as provided in section 113(b), as amended by section 215 of the Revenue Act of 1939, whichever is greater, should be used, and in determining “loss” the cost, so adjusted,~should be used. If the property was acquired after February 28, 1913, the cost, except as otherwise provided in section 113, as amended by _ sections 213, 214, 215, and 223 of the Revenue Act of 1939, should be used. The taxpayer's return should state the following facts: (a) For real estate, the location and description of land and improvements; (b) for bonds or other evidences of indebtedness, name of issuing corporation, particular issue, denomination, and amount; and (c)for stocks, name of corporation, class of stock, number of shares, ‘and capital charges affecting basis (including nontaxable distribu-~ . tions).

Low 8.2

+! er

Walker, ‘Harold Nelson, Clyde Neff, Edison | current fiscal Year through Feb. 13, com- 1946. “ seeesease.108.2 Rust. pared with 2 ear ago: Yea 112 S ear ti BV. Knight Corp. New Albany; final Expenses .36.800.218, 140.13 85. 198: $19. 5. 57 Ronoco Realty Corp., 1313 Merchants 29.93 Bank Bldg., Indianapolis; agent, Alan | t Boyd, same address; 1000 shares of $100 4| par value; real estate ese} N. V. Cox, T. V. Smith, H. W. Spin | Chateau Apartments, a * Indianapolis; articles accepting ol provisions of General Corboraues ct of 1929; 1080 shares com-

mon no par value . oil Co., Inc.,, Warsaw; dissolution. Aranoff, ne. Rast a dissolution. Root Lumbe: rown Point; dissolution. The Black Oak. Volunteer Fire Department, Inc., 2650 Calhoun St. Gary. d.: ld, same

resident agent, John R. MacDona! ‘address; no capital stock: to or ize and

Qperate & volunteer fre department: ALI} THousaNDs oF Mathias P. Wein St. LOVELY WOMEN WHO CHERISH NATURAL CASH IN A FLASH

AUTO LOA!

20 Months to P-A-Y

SACKS BROS.

OLDEST AUTO LOAN CO. IN INDIANA

306-308-310 INDIANA AVE

Gair Robt

Gen Gen Gen Cig Gen Cigar pf..12 Gen Electric . Gen Foods .... Gen Mills Gen Gen Motors ... 413 Gen Motors DL 12 Gen Out A 4 Gen O Adv A . 4

Gold Res. . 49. ,06,394.37

3 Customs "205, 240,958. 958.77 224.552,990.92 INDIANAPOLIS CLE CLEARIG HOUSE —Today—

Defense Training Program Under ‘the United States Office of Education

Rose Polytechnic Institute

"OFFERS 12 WEEKS TUITION FREE NIG COURSES IN ENGINEERING FRAFTING . FOR HIGH SCHOOL GRADUATES OR EQUIVALENT ¥ DRAWING EQUIPMENT ONLY TO BE FU BY 8

FIRST MEETING FOR R TIONS AND INTERV]

SHELL LE ELE

gis Steel _. 7 ens nm Glass 42%

Po 2 2 pac An Fish .. ae i 4 Pag & C Sa 2 of 2 ac Coa 3 } $= Pac G & El ... 26 1 Pacific Mills .. 11% Pac Tin Cons.. 3%

FESEE

on on Everything

Diamonds, Watches, Autos, Cameras, Clothing, Shotguns, Ete.

LOANS =

Oldest Loan Th e CHIC AG CO., Ine.

Brokers in 146 E. WASHINGTON sT.__________|

mildly vey i ant. ants MON D AY, ) your

cleanse and help skin sm and and goft. Apply t Cutjzura ra Oint;

hel blemishes. You may be su ara at’ results t your dragmsts today.

Arsenal Buildin;

the State