Indianapolis Times, Indianapolis, Marion County, 11 March 1941 — Page 21
‘TUESDAY, MARCH 11,
HOG PRIGES UP
0 T0 25 GENTS,
i
"$8.15 Fon Established Here As Receipts Fall to 7017 Head.
HOG PRICE RANGE
Top Receints. $7 8,585
8355558
otis cue n
Hog prices rose from 10 to 25 cents at Indianapolis stockyards today as receipts fell to 7017 head, the Agricultural Marketing Service reported. Hogs weighing 160 pounds or more were 10 to 15 cents higher than yesterday while lighter weights advanced 25 cents. The top was $8.15 for good and choice 200° to 230pounders. The marketing service reported 1657 salable cattle were received, 509 calves and 798 sheep.
HOGS Barrows and Gilts Good and Choice— 120 0. pounds cose neni pougds ... pounds ...
Medium — 160- 200 pounds .
Packing Sows Good and Choice— 270-300" potinds ..... 00i0ine. 300- 330 pounds ....e.ee00ses 330- 360 pounds esceesccnnces
00d— 360- 400 pounds . 400- 450 pounds . 450- 500 pounds Medium— 250- 500 pounds Slaughter Pigs Medium and Good— 80-130 pounds ............ ...5.50@ 6.35
CATTLE Slaughter Cattle & Vealers (Receipts, 1657) ‘Steers
dD
| O00
pounds .... [email protected] pounds ...... ceenees [email protected] pounds ....e.cveee.. [email protected] pounds ...ee.sssee.0 [email protected]
0 1100-1300 1300-1500 'Good— 750- 900 ‘polinds .pounds .. pounds . 1300-1500 pounds Medium— 750-1100 pounds 1100. =1300 pounds, .
730. 1100 pounds haere Steers, Heifers
ohh sniiawate .. [email protected] [email protected]
sessssvecsess 8. 2 [email protected] 7.75@ 8.75
vesss
Cholce—' | 500- 750 pounds
Good— 500- 750 pounds Heifers esessssessss [email protected] [email protected] 8.25@ 9.50 7.00@ 8.25
Choice— 750- 900 pounds Good— 750~ 200 pounds Mediu ido, “900 pounds sesecesnsnnes
Goo 500" ‘pounds ..
Sssvacsnene,
150@ 8.50 6. .50
(Yearlings excluded)
Beef— GOO veissessvencesnnsrrinase Sausage— . Good
Good Tesesessseesasenaasanes
7.75@ 8.50
7.75@ 8.25 pig) 6.25
Good and choi 11. 50
1941
Bank .Clearings ......oc00000...8 Bank Debits .......cc.c0iii0000 Applied for Jobs (Persons)..... Received Jobs Claimed Jobless Benefits (Mar. 1) Railroad Freight Carloadings: Inbound : Outbound ... Building Permits .............. . Houses Apartments ..cececccsctoicese Business Industrial Public ..... Repair and Alterations Electricity Output ( KWH) a Water Pumpage (Gallons) ...... Street: Car Passengers (Mgrch 1)
secre csrssesesseesinese
sesesscesodeniece
tet rscecrenrsnrrnnates
esevecescoei tment enne 1 eves scecconsobrtonne
Post Office Receipts eaderbannene Livestock Receipts (Head) ieee Cattle Calves HOZS .icoviecenrsnians ode inins Sheep Grain Receipts (Bushels) bere Corn Wheat OalS .cc.eoveersncasicanensisnes Rye Soy Beans ....c..co.despmeiniscee
aie Sinise aielbe aha ee . sessed ecoccoteopronrse
’ ts tak nese ebay vi
IEEE ERR RN RR RN TERN)
se0ceeccecsscoscpsince
Retail trade in Indianapolis in cent greater than the same {eek Reserve Bank of Chicago.
Retail trade here in the March 1 week. improved just as much as the average city in the Seventh Federal Reserve District, but for the four weeks ended March 1, Indianapolis was 1 per cent ahead of the average. '
Employment Rises
Employment in Indianapolis ab the end of February was,b2.6 per cent higher than at the send of January, according to the Indiana Unemployment Compensation Division, and was 33.4 per cent ahead of February last year. Payrolls fell 4.6 per cent from January, Qut were 52.1 per cent above last February, the division reported. As to the price aspects: of last
o|week’s trade here, steer and year-
ling prices fell as much as 25 cents but remained $1 to $2 above last year’s price at this time. Cow prices were unchanged. satisage bulls gained 25 cents and vealers lost 50 cents to $1 but held that much above last year. Many feeders think the present
Last Week.
* 54,486,000
13,421,000 211,440,000
Telephones in Use (March: 6).... .
| sevsecevccocsoesvcsebrcscce soso ngocse:
Sources of above figures: Indianapolis Clearing sation Division, New York Central Railroad, Pennsylavina, Baltimore & Ohio, Illinois : Louisville (Monon), New York, Chicago & St. Louis (Nickel Plate), City Building Commissioner,
Co., Indianapolis Water Co., Indianapolis Railways, Board of Trade, Center Township Trustee, Indianapolis Postoffice, ’
Relcil Trade Here Holding 14 Per Cent Above Last Year
By ROGER BUDROW
Last Week
Week Before Year Ago
$ 21,196,000 65,031,000 856 406 2,951
21,852,000 863 - 506. . 3,063
317
3,690 1,920 $81,800 $66,900
4,310 1,979 $193,450 $125,650 $42,550 $8,200 $6,700 $12,925 13,376,000 217,520,000 1,345,442 101,895 $107,662 56,776 6,405 3,111 41.275 5,985 1,026,000 845,000 48,000 128,000 2,000 3,000
3,215 2,088 $129,260 $99,000 ‘$7,800 $5,000 $7,460 11,720,000 © 204,430,000 1,374,315 $107,660 50,482 5,353 2,572 38,203 4,354
$25,250
1,412,746
secon
$96,427 48,776 5,170 2,392 37,140 4,074 592,000 405,000 52,000 126,000
158,000 25,000 50,000 9,000
9,000 14,000
the week ending March 1 was 9' per ‘last year, according to the Federal
For the four weeks ending March 1, retail store sales here were running 14 per cent ahead of the same four weeks of last year, the pank’s weekly trade summary of Midwest cities shows.
TRADING IN WHEAT NERVOUS AT CHICAGO
CHICAGO, March 11 (U. P.)— Wheat futures on the Board of Trade moved nervously in the early dealings today. The market opened firm, dipped a shade under the previous close and then rallied to
score moderate gains. Other grains displayed a firm undertone. At the end of the firsy hour, wheat was unchanged to up % cent, May - 28% corn was unchanged to up iis oats up ' to ‘2 cent; rye unchanged to up % cent, and soy beans up i to 3 cent.
WAGON WHEAT
Indianapolis grain elevators are nayin r. No. wheat, 84c; subject to Pas 1 re: other grades on their wnerits. Cash corn; new No. 4 .white shelled corn, 58c. new No. 4 yelow shelled corn, 54c: No 4 white oats 32c
$ 18,156,000 45,204,000 868
4,539
256,000
Indiana Bell Telephone Co., Agricultural Marketing Service, Federal Reserve Bank of Chicago.
1940 Thus Far $194,394,000 495,403,000 7,334 2,193 36,880.
1941 9% Chge. Thus Far ’41 vs, "40 $213,672,000 + 9.9 549,889,000 + 11.0 6,955 — 5.2 3,796 + 35.9 22,669 — 38.5
27,674 15,021 $433,339 294,250 1,800 33,800 22,800 63,229 89,878 119,009,000 2,177,140,000 11,815,587 94,062 $858,768 597,624 61,786 24,447 425.874 85,507 4,465,000 3,465,000 200,000 622,000 94,000 84,000
30,909 + 11.7 14,835 — 1.2 $1,727,300 4298.6 625,150 +112.5 —100.0 70,000 4107.1 1,000,200 4,286.8 6,700 — 89.4 210,504 +134.2 129,056,000 + 8.4 2,119,660,000 — 2.6 11,604,882 — 1.8 102,074 + 85 $898,482 4 4.6 536,178 — 10.3 59,903 — 3.0 23,333 — 4.5 381,602 — 10.4 71,340 — 16.6 . 5,911,000 + 324 4,837,000 + 39.6 235,000 + 17.5 752,000 + 20.9 22,000 — 76.6 65,000 — 22.6
i
House Association, Indianapolis office of State Unemployment Compen-
Chicago, Indianapolis and Indianapolis Power & Light Indianapolis
Central,
CROSLEY GORP. HAS $1,589,288 LOSS
CINCINNATI, O, March 11 (U. P.) —Powell Crosley, president of the Crosley Corp., reported today that the company operated at a net loss of $1,589,288 in 1940 compared to a net profit of $84,949 in 1940.
The loss was recorded despite a gain in sales from $16,051,076 in 1939 to $16,915,349 in 1940. Mr. Crosley said the deficit 'was caused by a program of mid-year reorganization, especially in the manufacturing division. He said the company spent “substantial” sums for changes in manufacturing processes, new plans for sales promotion and new designs of products. “Sales for the first quarter of 1940 had decreased, 12.6 per cent compared with the previous first quarter in 1939, which emphasized the need for drastic changes in policy,” Mr. Crosley said in the report submitted to stockholders. “By the third quarter our sales were 9 per cent ahead of the.same quarter the year before and for the fourth quarter 27 per cent ahead, partly due to a general pickup in business but largely attributable to our having improved our product, management, sales promotion and distribution,” he said.
|STEEL SHARES SLIP
THE INDIANAPOLIS) TIMES Indianapolis Business Summary
REAL SILK HAS $341,000 LOSS
‘Violent Fluctuations’ Raw Silk Blamed in ’40 Annual Report.
Real Silk Hosiery Mills today reported a loss of $341,955 for last year, compared with a $169,536 profit the previous year. In his annual report to stockholders, President G. A. Efroymson said the local concern ended the year in the red primarily because of the “violent fluctuations” in the cost of raw silk. Raw silk cgst $4.32 a pound at the beginning of last year and fell to $2.68 by the end of June. Real Silk, in those six months, operated at a loss of $482,329. But in the last six months, when silk prices changed very little, Real Silk made $140,374 profit.
Bank Balance Higher
it was impossible, Mr. Efroymson said, for the company to obtain prices for its manufactured products which were commensurate with the increase in silk costs.
in
end of the year accumulated back dividends on preferred stock amounted to $55.75 per share,
rowing, which ‘reached a peak of $750,000 during the year, to $100,000 and had about $150,000 more cash at the end of the year than at the end of 1939. This was achieved chiefly through substantial reducons in inventories, Mr. Efroymson sai
Benefits Due This Year “During the last half of the year we have made certain consolidations of our manufacturing operations and effected economies throughout our organization with g view of reducing our operating expenses,” said. “The benefits of these changes
Mr. Efroymson added that the company continued its modernization of machinery, installing more
but said that production of nylon hosiery is still limited by the quan-
turers (du Pont) supply.
DAILY PRICE INDEX NEW YORK, March 11 (U. P.).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Yesterday ...............0....12035 Week Ago sessesuntessensvees 124.31
Year Ago .................... 19% 1941 High (March 10)........126.35
U. S. STATEMENT
WASHINGTON, March 11 (U. P.).—Government expenses and receipts for the current fiscal year through March 8, compared with a yar ago:
Expenses. Receipts. .
This Yea Last Yea $7, 746, 353, 839.72 $6,362,610, as 31 3 651.661, Gross Def.
4,007,728,
350 1 B4,685.2° 27,963,050.62 2,140.05
The company paid $2 to preferred All stockholders in March and by the|2
The firm reduced its bank bor-|Am I¢
he|B
will be more fully realized in 1941.” :
equipment to make nylon hosiery B
tity of yarn which the manufac- B
Month ARO .........c0nie0e.. 12327 82
.Copweld Steel . rod
Ind.; James DeVaney of Newton, I
The Winnahs—Ford Dealers
IL, and Douglas S heid of Frankfort, Ind.
PAGE 21
Ke Sn
Boxing gloves attographed. by world’s: heavyweizht boxing chaiplon Joe Louis and $3000 in prizes were distributed last night to Ford Motor Co. dealers by C. I. Kenney, Indianapolis branch manager, at a victory dinner in the Indiana Ballroom. The dinner climaxed a two-months sales contest. More than 700 Ford dealers and salesmen attended. Glove winners, with Mr. Kenney, are (left to right): Gutwein of Monon, Ind.; C. 0. Warriock of Indianapolis; Mr. Kenney; Foster Harden of Covington,
Emil
Net Last Change Adams EXP eee Air Reduc ..... 38in
Am Airlines Am Car & Fdy 2 Am Crys oF. . 14% «S18
a Am Roll M cvpf 67, Am Smelt Am Stl Fdies . Am Am T & T oo Am I Weolen pt’ . hy A in Armour IIt .. 3 Armsurong Ck.. 30% Atchison Atl C Line ... Atlas Corp pf . Aviation Cerp 3%
Bald Loco ct .. 15% Ya
cH E+
Nt Noe
Bath Is KS oer Bayuk C
ps
ol
Beth Steel 7 'pf.124 Bigelow San ... 28 3law-Knox
BONN aR
a =
6 19%. 3org-Warner .. 19 3dgpt Brass ... 11% 3ucyrus-Erie .. 11's f .. 56 23
31,
‘pf 507s abt 334 46% 243,
a oo ®
Na
Bringtn M cv
Can Pacific .... Gaerhiliar T ..
[+++ RE
DHE EE
Certain-teed ... Chi Foew T «ui Chrys dg "Moly Co Sein Colum Gas 4 Comy Solhents . 9% Comwlth Edison 25%
4Y, 14%
Us
EA... Cont. Oil Del’ .
.
t+]
Corn Coty
e Co 612 crane Zeller .. 13% Crucible St ..... 43. Cub Am Sug .. du Curtis Pub ... Curtiss Wr .... 0
Deere & Co ... 21 Diam T Mot ... 8% Dist Seag 17 Doenjet D Cast 22 Dome Mines ... 147% Douglas Aire .. 75%
. Homestake ....
8 Mont Ward ...
NEW YORK STOCKS
Bv UNITED PRESS
High Gen Foods ..... 30 Gen Motors . Gen Motors 1341 Gen Rty & Ya Gen Refract: ve. 25% Gen Stl C pf.... § Goodrich Goodyear Goodrich pf.. Graham-Paige.
Gra. - Gt. North ‘pl... Greyhound Cp. Guant Sug
Low 36's 44
Net List Change High 36% Pitts Coke Iron 8
+ — ' a a
Im Purity. "Bak
Radio .... Radio pf Rayonier
Republic Stl ... Reyn Met .. Reyn Tob B ... Richfield Oil ... Roan Antel
“gre
+ +H it ++ | +
Ind Rayon .... Ingersol Rand... 9 Inspiration Cop Int Agric
Int Hyd El A .. Int M Marine..
Savage Arms .. Schenley Dist .. Sears Roeuck . .
ge LN)
6 14% Int Pap pt. . 67% Intst D S . 8
Johns-Man ....
Joi 58% Ke Kinney 5 pf . 26 Kroger G & B . 26%
Y Coal ... L-O-F Glass _.. Lige & §& My B. . 8
Te & Oil Be Lockheed Aircr Loew’s 32
= CR
+ 44H
Ra >
a . od @
+:
26 26%
Ga Re =
©oR ,
LN rod =~ . = 30 @N a
- >
ld] Cdl Fa Fas
DIO NDO Nee wea —— he
3 idle HE
3 r ¥ 2
a
B 43 Trans&West ~ Ajr 8 Union Carb .. 67 Un_ Air Lines .. United C py . : 2648 Un 85s
y pi112%% Alc - 35
03 «JOO OD Tb & pe J
eo 8 . 32% 3Ys 9-16 38'2
8% 11214 25 %
3%
c = 529% @ - 223
Minn-Moline Mo-K Tex oe a Play Card. 3398 Nash-Kelv _.. a " Nat Biscuit ... Nat Dairy ... Nat Sup Penn. . Nat Sup 2 pf .. Newmnt Mining
cdddcdacaa nnn
US Steel “aes
Vanadium .... 29 Va-Car 6 nt .
No Amn Avn.. Ohio Oil Otis Steel
Pac Colst eva Pac Coss 2 of. Pac G&E
Pac Tin 0, . rd
Worthington Worth cv pr p Worthing pr pt 3 Wrig.
Park go “ens Penn 8 Porn’ Gl Sands. 13% Pet Corp Am..
+H]+:
PH HH HE FL IE
Db HE
3 i
‘FEESEE ERE SEE SF REE
1+:
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SEF
SESE
EF
ro.
Php
+ HE HEIR LE EF HF HE
‘LOCAL ISSUES
The isliowing ilctations by by the Indianapolis Bond & orp. do not represent actual price of offerings. aii merely indicate ‘thé approximate ma level based on buying and selling quotations of recent transactions.
it Jar
he ah 14%, +» 38
2,390,002,866.26 168,765.21 18.237,196.643.54
Common and Te aii waleis Cull 233,397.427.03 "247, 698,484.66
Phelps Dodge. . Philing Jns Be
Puillips Pet ...
market for hogs is an attractive one. Most hogs sold 5 to 10 cents lower at week’s end but still held a margin of around’ $2.25 above: a year ago. Heavier hogs made a 10 oto 15 cents recovery from the past
Yale & = eens Yellow Young Sheet '
)10.00" 7.50
"BRE FERRERS a
Cust: . Dresser Mfg s oms. Pu P
u Pont ......145 East Air Lines.. 2
3
M35 Feeder and Stocker Cattle he (Receipts, 509) }
ON LABOR FEARS
NEW YORK, March 11 (U. P.)— Fears of labor troubles unsettled
INDIANAPOLIS CLEARING HOUSE Clearings ... Debits
isenssee 10.00 10.00
11. 00
Choice . 500- 800 pounds -.. 1%
800- 1050 pounds 349,000
Goo 00- "800 pounds 00-1050 pounds
edium. 300. 1000 bounds 500- 900 p pounds Calves (steers) Goo. and choice— | 20 gounas dow’ ....... «vee [email protected]
8.75@10,00
essesnsdvenns
[email protected] 9.00 10:00 8.259 9.00 1.50@ 8.25
500 ds down Calves (heifers) Good and choice— 300 pounds down . . [email protected]
500 pounds down .50@ 9.25 SHEEP, LAMBS (Receipts, 798) . Lambs , . 10: 33g
75 @ 50a
Good ard: choice. .cuuv.runs ie Medium ‘and good .. . Common Ee oiis ea ra wae as ea « Yearling Wethers ood ng © choice Med In tars Ewes (wooled) Goa: and’ ohoite . LUD 6.00 Common and meditiin ". 3a S50@ 5.00
CHICAGO LIVESTOCK
Hogs—13,000; active, strong to 10c high- ; top, $7.90; bulk good and choice 1803 1bs., §[email protected]; 240-270-1b. butchers, 55@7 90: most 270-330-1b. averages, $7. 35 7.65 most 400-500-1b. packing Sots $6.75 ai heavier weights, $6.50 dow Cattle — 6000; calves, 0 000" ‘generally eady .to strong market on all killing big cattle: spots 10@15c higher on both steers and heifers: active improved all through list; order buyer supporting steer trade. most steer sales, $9@12: ‘medium and Re lightweight steers and Joarlings getti best action on local account at $11 own, choice 1000-1b. Teoring and 2B 1300-1b. steers, $13.25: load or so Jone fed weighty steers held at $14 and above; several loads heifers carried from dull trade Monday, Aging siigntly higher prices; mos: sales, $9al best wei ny sausage bulls, $8.25; choice vealers, $11. both classes steady. Sheep—5000; late Monday light an handy weight fat lambs steady; weighty and less desirable kind weak; top, $11 freely; bulk good and choice medium and handy . weights, $10.90¢11: few slightly above 100 Hos, $10.65 10.76 with kinds upward to around 110 lbs., $10.50; fat sheep | scarce, steady; odd deck fed Western ewes, $6.50; todmy’s trade, practically no early sales fed lambs; bidding barely steady on better kittd--or up to $10.90 and silently 15¢ iRner. or. up ie at sheep, steady; one double 103 Fos, fed Western ewes, $6.65, Mean
“Grain Dealers Hutual
FIRE—CASUALTY AUTOMOBILE (ENRON Eo NN EE INSURANCE
for Careful Property Owners at Substantial Savings
Wa. 2456
11.15 10.50
ceed
few weeks’ low prices. Wheat Erratic
Seasonally the lamb radrket is working into its strongest during the next month. Early losses |} were recovered by week's end.
tions featured wheat markets. Uncertainty regarding the prospective | | farm program caused a; Z-cent slump but then talk of higher loan|y rates and strength in othér commodity markets late in the week caused a reversal in the frend, .Corn followed the action’ of the bread. cereal. Soybeans showed weakness early in the week but rallied later to the best in 10 days. The amount of sunshihe last week, which has some effect upon electricity production, was: greater than the same week a year ago. The sun shone 58 per cent of the daylight hours, compared to 21 per|in cent last year. The average te degrees, same as
rature’ was. 34 ast year, com-
cipitation amounted to .18 of an inch, compared with .06 the same week & year ago and a .79 normal.
OTHER LIVESTOCK
YNE, March 11 (U. P.) is i, B47 06° 320
0 lbs., si. 40; 20; 325 0.160
5: Fed
140- 150 lbs., $6.60; 130-140 $6. 10: 100-120 1b, %s 5. Calves, $11. 50.
bs., $6.85; 8% 35: 120-130 1bs., roughs, $6.25; stags, Western Lambs, $ 0.50@10 : 1 Incorporations Beveridge Self Service, Inc., Indianapolis; amendment increasing authorized common stock to 22,500 shares of!$0.25 par
value White Plains Coal Oo., Inc., R! 3, U. 8. Road 40 (East) Brazil; agent. Carl Kumpf, same address; eight shares without par value: mining coal; can x Kumpf, Curtis Gillespie, L. S. Shaffer Paul Anderson Oil Co., ha, JF Wayne; agent, Paul Anderson, 1821 V fice Ave., Ft. Wayne: 300 shares of commndn no par value and 300 shares preferred of $50 par value; dealing in petroleum produ Anderson, E. J. Little, J. M. Bak F. B. Shoaff. R. F. Baird Jr inde Lockers of Evansville, He. Ni nth Oak Sts., Evansville; agent, John Aull, 420 8S. E. Eighth St., Evans ite: 1000 shares no par; a ue; general stgrage and locker plant business; John U. Aull, E. H. Christiansen, Robert D aoks 1. Son) Madison: disolu
parle Cotton Mills Co. The Lincoln National Life Insurance Co. Ft. Wayne; amendment of arti cles of incorporation Consumers Hat -Shops, Inc., ta tayette; dissolution Sonton: Engineeging Corp., napolis; amendment increasing Papi pin to 100 shares Class A of pat value and 900 shares Class B no par valu The Cooke Contracting oor "Michigan RM admitted to Indiand to conduct general contracting and construction business. Fellowship Press, Inc. of address of office and.ugent to ant St., ‘Noblesville, Ind. Shawnee Coal of Indianapolis; HEY fhere address of office rchants Bank Bl dg. he Ft. Wayne Hospit Wayne: poration. The Ra
rett Jr.,
Corp.
Indiahapolis, Foundation, Ft. amendment of articles pi. incor-
ndolph County Farm Bureau, Inc.,
Sporatior e East Side Fliers, Inc., 411 State Life bldg., Indianapolis; no capital stock: to
promote interest in avaition; Ned Bottoms, J. P. Atkinson, J. R. Scherer and others.
IRE (RLY VON HAL
eT TTT IR
praion 2 8
Extremely erratic price fluctua-|!
pared with a 36-degree nor ntal. Pre~|
FP. |—Mexican Lugs,
cts; Paul) -—
Indians polis;’
and sgeént to*
Winchester, amendment of articles of in- |
Stocks Agents Finance Co. inc, som. Agents Finance Co. Inc.. pid.. Balt & St ds br tea elt RR & Stk Yds p v ae a Pow Comwlth Loan Bo Et Waa hi pid 50 ayne of J ae
ds, id Yo Pa
P&. indpis Water Sid +308 Lindoin Nat Life 3d com. .... 28% N Ind Pub Serv 5% % pfd Ind Pub Serv 6% pfd N Ind Pub Serv 3%, Did Progress Laundry Pub Serv Co of Ind %6%% ‘pid’. Pub Serv Co of Ine, Ie pfd . So Ind G&L 4.8% Cia Terre Haute Elec 8% pid soe Union Title Co co veashua in Van Camp Milk bid’ Creve Van Camp Milk com ...
»
Tt Jt CO = 1 C0 OY i uw
104% 0
Pu 28 55 ; Richmond Water Wks 5s 57 Trac Term Corp 5s 57
LOCAL PRODUCE
Heavy breed colored hens, 14c: No. 2 colored hens, llc ghorn hens, IC; i Leghorn hens, fe; I SIeLS: 3 Ibs. and over 19¢; White and d Bared Rocks, 19c; colored breeds, 18c; cocks, 7 Eggs—Grade A Taree. 15¢; Grade A medium, 13c; Grade A small and No. 3, llc;
no Stade,” C. 0, 1, 33@agiie: No. 2, 3l@ 31hh0s Putters at, No. 1, 29¢; No. 2, 27ec. (Country pickup prices quoted by the Wadley Co.).
FOOD PRICES
CHICAGO, March 11 (U. P.).—Apples— Michigan Jonathons bu., [email protected]. elery —Michigan squares, [email protected]. Tomatoes Spinach—Texas bu., Caulifiower—California crates, Carrots—California crates, Lettuce—Arizona crates, $2.75 eet Potatoes—Tennessee bu., [email protected]. Onions (50-1b. ‘sacks)—Illinois Yellows, 50@60c. Michigan Yello%s, 60@ 0c. Colorado Sweet ¢ Spanish, $1.1
65@85c¢. [email protected]. $2. 20a. 50. @3.75.
“
for complete details.
| Minister Sir Archibald Sinclair. ‘| told the House of Commons today that “formidable” American aircraft 5
steel shares on the stock market today and for a time had an adverse
. influence on the general list.
The steel fears offset whatever favorable influence might have come from a statement by British hs e
reinforcements will arrive in time for the great battle of Britain. The market firmed on this statement, but turned down again on the steel labor fears.
BUSINESS AT A GLANCE
By UNITED PRESS
Allied Products Corp. 1940 net profit $477,964 equal to $4.94 a common share vs. $209,061 or $1.31 in 1939. Basic Dolomite, Inc, 1940 net profit $445,890 equal to $1.27 a common share vs. $320,299 or 91 cents in 1939. Birdsboro Steel Foundry & Machine Co. 1940 net profit $268,400 equal to $1.34 a share vs. $69,824 or 35 cents in 1939. Brooklyn Union Gas Co. 1940 net income $1,802,426 equal to $242 a share vs. $1,802,591 or $2.42 in 1939. Corn Products Refining Co. and domestic subsidiaries 1940 net profit
‘| $9,581,054 equal to $$3.10 a common
share vs. $10,120,398 or $3.32 in 1939. Crane Co. and domesti¢ -subsidiaries 1940 net income after Federal income taxes and other charges $5,134,850 equal to $1.77 a common share vs. $4,444,194 or $1.48 in 1939. Federal Water Service Corp. and subsidiaries 1940 preliminary net income $1,622,372 vs. $1,498,046 in 1939. Gannett Co., Inc, 1940 consolidated net profit $1,235019 vs. "$1,302,319 in 1939. Hershey Chocolate Corp. 1940 net profit after Federal and state income taxes $5,908,046 equal to $6.76
FOREIGN EXCHANGE
NEW YORK, March 11 (U. P.).—Following ire noon cable rates on major cur-
England ¢( Canada ( France Italy i . Finland (markka)
und) ollar)
(krona) Japan (yen) ... Mexico (peso)
DOW-JONES STOCK AVERAGES 30 INDUSTRIALS Yesterday Week ARO ....viv0easssssses 191.16 Month AO ......eo00c0.0ee. 122.61 Year Ago ... 148.37 High, 1941, 133.59; low, 117.66. High, 1940, 152.80; low, 111.84,
20 RAILROADS Yesterday ......cov0e0ee0iass Week ABO ¢ivcesiccnnsisncan Month ARO .....eevi00ceeess 27.92 Year Ago ............. cesses 3095 High, 1041, 2.913; low, 26.54. High, 1940, 32.67; low, 22.14.
15 UTILITIES
cesessssssssans
2.17 +0.28 —1.58 +0.22
28.18 21.37
19.57 19.16 19.61 24.09 low, 18.81. low, 18.93.
Yesterday Week AZO ......eci00neevees Month ARG suacistecenccanss Year Ago High, 1941, 20.65; High, 1940, 26.45;
ves
To Exporters and their Advertising Agents
1A PRENSA of Busnos Alres is det. initely one of the great newspapers of the world. In Bhi br is great-
ur a Lk Our New BL Office will ropa give you full information.
LA PRENSA Buenos Aires .South America’s Greatest Newspaper
Represented Bechusively by » JOSHUA ;B. POWERS! {INC
a common share vs. $6,233,304 or
T Pays 4
$7.24 in 1939.
VIDENp
0. Blue Ribbon Automobile Insurance Policy pays a substantial cash dividend at the end of every policy year. This dividend is paid on all forms of insurance without exception. To date Michigan Mutual Liability Company policyholders have shared in these savings, which are in excess of $8,950,000. Investigate this complete, economical Blue Ribbon policy which provides protection against all financial losses caused by auto accidents. Call or write
MICHIGAN MUTUAL LIABILITY COMPANY
501 Circle Tower Workmen’s Compensation » Automobile ° Croup : Accident and Health ° General Casualty Lines
NO CLUB DUES-+ NO INITIATION FEES . DRIVE: SAFELY . INSURE]CAREFULLY
® LI neoln
220 East 42nd sy New York City”
2348
«|Gen Cigar
Elec Boat 14 El Pw&L y ‘pt’ “281 Pudi 7 pf 3242 Elec S oS ee 31% 8... 5%
Eee Ex- ® ell-o ante Fajardo Sug ... 247% Firestone T ... IT
Flintkot 14Yg Freept ‘Sulphur! 85%...
Gair Robt ..... 1% Gen Baking .
Indianapolis Bond and Share Corporation 129 EAST MARKET STREET
tees 18 Gen Electric ... 34
Sose Wet
delivered day and night COSTS LESS
- than anything else you buy
/ f | I SYP 2
Nearly 80 per cent of business properties gutted by fire never re-open. Sprinkler systems—backed by an adequate public water supply—stand con. - stant guard to combat fire when it first starts, ~ thereby reducing fire losses and the cost of fire insurance. They also are available for homes.
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