Indianapolis Times, Indianapolis, Marion County, 14 March 1941 — Page 32

PAGE 32

BUSINESS

U. S. Tin Smelting Deal With Dutch Comes in for Criticism

rr ————— By ROGER BUDROW

THE INDIANAPOLIS TIMES Indiana Farm Price Index Rises

AFTER ALL THE TALK ABOUT co-operation between| North and South America, the tin deal with the Dutch recently means that the old ties with Europe are still preferred, according to Business Week. The U. S. has contracted to buy 18,000 tons of Bolivian tin concentrates annually for the next five years. This is| neaMy half of Bolivia's output, consisting chiefly of low. grade ore. The higher grade Patino tin will continue to go to England. ,

The Dutch this Bolivian

AIR COOLING A NEW UTILITY?

Carrier Believes Big Developments Will Follow War.

company will smelt ore in Texas bec ause| no American company Knows how to refine these low-grade] ores economical-| ly Business| Weeks savs. { “Armchair strategists,” says Dr. the article, “still protest that much Bolivian] ore is still going to Britain fon refining, despite] NEW YORK, March 14 (U. P) — the long convoy|Air conditioning is visualized by They con-|seientists as one of the big developas cheap 10iments of the future which will re-| bring the necessary high-grade Un ceive impetus after the war economy ores from Nigeria or the Belgian|comes to an end. { Congo to the U. S. and do the whole Dr. Willis H. Carrier, head of Carjob in this country In this way rier Engineeting Corp, predicts the present emergency would be general acceptance of air conditionutilized to build a domestic 1in- ing which in the future, he believes, smelting industry which in time, it will be operated as a public utility is claimed, could operate as cueap- with the service cool and warm air ly as Holland or England. metered in the manner of metered " “Hemisphere enthusiasts go one gas and electricity today. step further. They want to subsi-| Westinghouse Electric and Manu-| dize a domestic tin refining indus-| facturing Co. forsees vast possibilitrv if necessary because they be-|ties for an air conditioning device lieve this is one way of building the precipitron. This apparatus, acquickly a two-way trade with South cording to the company “electro- | America. If Bolivia were able inicutes” grit, bacteria, fungi and] time to supply all tin needs pollen, cleaning the air which enters it would mean the creation of 70 to the home or business. 100 million a year of dollar Mav Reduce Hay exchange which now goes to Eu-| ‘ : iki rope.” | Air-borne impurities are removed {from the air by high electrical charges carried in the fine wires and plates of the precipitron. Electrically cleaned air, it is said, has proved a boon to sufferers of hay and asthma. Ragweed pollen, puffball spores and other major irritants are eliminated by the precipitron. Potentialities of the precipitron are viewed as almost unlimited by Westinghouse executives. Dr. Carrier, who has been in the air oning business since 1902, believes wider of air conditionwill reduce sharply and provide a service with greater dependability than possible with present systems “Not only will the buildings be cooled,” said Dr. Carrier, “but buildings in the future probably will be provided with arcades which will be enc from the street limited to automotive trafic. There will be head enclosed crossovers from to block so that a pedestrian eo from store to store and trom to block without ever subjecthimself to the rigors of winter, torrid heat of summer days, or hazards of street traflic.

Health Placed First

Roger Budrow haul across the Atlantic tend that it would be

n i

in iil

| | | st |

of our

nila qoliars

Fever

= x

FEWER Indiana

before.

” WERE in year

foreclo homes ities last the according to the Federal Home Loan Bank Board All told, 1361 Hoosiers their homes. compared with 1887 in 1929 9 per This he average 25 per Ft. W centage d foreclosed with 133 decline. Indiana

THERE m (

vear

ST On than fey er

]

i 9m cand a ine of 27 cen

han cent,

ayne

dec

is the national

tier had perTe

4311

conaitl use ing costs noli . is homes pared witl

406

losed

ovel : block ENDS Heidelbach Co.. one of Wall private banking 1876) is going ness, following the death partner, Henry R. IckelFalstaff Brewing Corp has insured h 11S yeas business $1.000.000 been asked for $1 and $5 notes which were bea British vessel from offi in London to but were captured Spain will 1941 cotentire ex-

over

ODDS AND Ickelheimer Street houses

ay ma

blo ck

oldes founded busi

S vk¥

mn the

out ol the ha

heimer at St Llovds of kept found

of its 13

Louis throug “Air cooling will not be overdone. Conditions will be kept reasonably comfortable at considerable econbut. what is more important, with ideal construction for health. “Such improvements which are here envisioned will not come at once but mayv be confidently predicted as the logical development of the near future in an art which has already done so much for human comfort and efficiency.” Here are a few of the needs of the carried from future for air conditioning as tabuAmerican Car & jai6q4 by The Research Advisory In turning out gervice of which Bert H. White, vice an Army president of the Liberty Bank of hedule. Buffalo, N. Y,, is director: sa Direct refrigeration without use of gases or movable parts; economical method of storing winter cold for summer and vice versa; elimination of drafts in air conditioning; met od of using the same apparatus or heating and for cooling; and a means of sterilizing the air in a heating system to free it from bacteria,

London S culture

alive since the was

omy to Malavan BAT hipped on

mg the the crown bv a German? buy most ton crop as portable = last vear Foundry in Cleveland five tanks a dav, dein order for 329 ahead of

SMALL GAINS MADE: STOCK TRADE SLIM:

aim voh

Noy r p enaraver’s f

colony ajqaer. Al well

plus

gentina s

as the

ered S(

t {

use

NEW YORK. March Stocks made small averages today with yesterday's small session In percentage utility average Incorporations Commonwealth Southern premade the widest helped an erred. Thin markets brought advance of more than a point in several wider gains in utility prefereds, fading commen stocks Consolidated Edison, Commonwealth Edison, North American, and Public Service New Jersev—were steady Aut omobi le iss were mixed Chry at 68 and General Motors 434 Production for industry this week totaled 131.410 cars and trucks This is the record for the period and a new high for any week the spring of 1937. It compared with 125.915 last week and 105.720 a year ago. | Steel issues were firm fractional gains, aided by indica tions a strike m be aver Rethlehem's Lackawanna Railroad issues were firm, building stocks inued in mand. featured by New York building. Allied Chemical points. Johns- Manville nearly a point.

"Grain [TRIAD Hutual

TL ENE YI YS A AUTOMOBILE INLAND MARINE INSURANCE a Cl TaN Owners af NLSEL PI

Wa. 2456 |

. 2 e >

the

rise

hi Sevimour Development t.., Seymour

M \ . M n Ra nl \ Droege J: 8 s Hoadlev. C. H Ba dwin : Liam Topie.

Grant of ally and © Eleanor narrowls up

oft

10s

1 glier S1e1

with

e Peppi er. Jac ab | iger, Lloyd Grif-|

Bround Assn. Inc, | capital stock: .0 oper vi Weldy, Kenneth |

the Erwi B. Opi Bu rial

Edward

Tomi R cemetery Pr phn Har

highest on nson i H Ine Ince Ww vo., Nex of retireand stock

preierr sUthor ized capi

and held r-

ine Jeffe

1sfer Co, o Pa il i ; le

agent

. Qt

nig

ht ted plant shipgained 2 was

1 a Inc Frankfort Co-operative, 1000 shares of rati ve

HarIn-

5 a a Hybri

Third Qt

Grower

cont \favett »

ont - B. McCra a Christia : “no

An drews ‘urnbu Lyman Wilmoth Tavern, Inc 507

. Michi gan | linus Mal 255

arek

ess; C Lillis an Kossiibe Jefferson Countion | In New Yor! Indiana to m antomatic Sherland | ravior, | Dar in Johnson,

v. JH John 1 withou ding Em

Dealers laure stand- } CC

nauo an Oo n corporation ac to conduct general ¢

Co., ted t ontracting busihoy rican ruction & Remodeling polis; change of address| Indianapolis 449 State St. Huebner, 5231 1000 shares no and general W. Millikan, | Huebner Ine... 3510 agent, Walitre shares no par store; Hyman Morris Good-

Ay Const Co., Inc, diana to 314 Ft, PS Hamm. md; Ho hman rea bus

kan

ness; Walter

re eh ang: A

it Clothing ast Chicago: ’ address: 1000 l 0 operate clothing rood an, Walter Semon,

h diana change of Broadway, Federated

Steel agent Gary Foods Ing Chicago, of rade-marks, ive detergent and Sarban class 45: foods and of foods: “Hector” elass 45. ae nsondaten A Lahoratories, Ine. Ohio Eh change of agent th Ezra Weiss, 8 E. Market St, Indianapolis,

Dispatch 1c Gary; to Richard Melvin, 504 nl; ‘Sparkle, | polishing !

In Q

| i { | | i

Air ‘ Allied Chem Allis-Chal | pal

Am Am

| Cons cons i Cont

| Deere

Pac Param! Park U

Phillips Pet Pitts

Pub

WHEAT PRICES RISE

|Trade developed a firm understone |p! |after

deand Expenses

80 933 1934 1935 1936 1937 1938 A sharp increase in the price of hogs, together with moderate im

animals and minor gains in grain prices, lifted the Indiana farm 15 and Jan 15, according to Indiana University’s

1939 1940 1941

provement in prices of all meal price index 6 points between Dec,

Bureau of Business Research,

N. Y. STOCKS

By UNITED PRESS

JDOW-JONES STOCK AVERAGES 30 INDUSTRIALS 122.56 —0.63 C1259 —0.M . 111.66 —3.1 —1.58

Last Cte |

Yesterday Week Ago | Month Ago Year Ago ... High, 1941, High, 1940,

Abhoit Lab Reduc

Leath Am Airlines Am- Haw SS Am {Am

133.59; Low, 117.66, 152.80; Low, 111.84, 20 RAILROADS “ 27.92 —O.M 27.89 —0.03 26.54 —1.02 shdssaven 30.01 —0.51 3: Low, 2. 54, v2.67; Low, 22.14, 15 UTILITIES

| Yesterday Week Ago Month Ago ... Year Ago . High, High,

cesssnessaciens

Am Anaconda 24 Seabiodioiien Armour Iil pr pf 13 Asso Inv Pes 95 Atchison ‘aes Atchison pf... Atlas Corp .... Aviation Corp

1941, 1940,

1946 —0.13% 19.41 0.06 IRF —0.13 oo 201 0m 18.81, 18.08,

s | Yesterday | Week Ago Month Ago Year Age High, High

Bald Loco ct Balt & Ohio Bangor & Ar Boeing Air Borden Briggs Mig urroughs

"oN

Low, Low,

20.65; 20.10;

1911, 1910,

pf 26 1

cic Ee HBLLD

1S pt pee OD % x

Net Low Last Change

108.

1234 13'4

High Scott Pa 4'; pf 108%: Sears Roebuck 72 Shell Un Oil 124 | Socony-vac 8'z South Pac . 9 Std Brands pf 111% | Std Oil Ind 26 Std Oil NJ : Studebaker Sun Oil pt Superior Oil Syming-Gld

Chit E Ill Chrysler Climax Moly Co Colgate-P-P | Colum Gas Com Credit Com Solvents Comwlthh & So 11- 1 Comwlith rdsn cons Aircraft Edison Of .. Can _. Prod

=F a. ES

~ “ou LC iirc

hoe «Gx a

‘a 1

Corn Sihne Co Cn Co cv Curtiss-wr

Texas Corp

= 00 pe ey SN = IU se Dice

‘a ls

Lanz

‘pt 1 | Timk-D 1s ! Transamerica I'ri-Cont

Un Pace

a . 20! 2

16: 4:

& Co Diam T Mot Dist Seag

Douglas pf

wes “woo

Aire...

ta BN, rr ER

Eng Pub 8S

“e

{US Rt ibber US Smelt US Steel

14 36'2 15

Enamel Strs Wheel.

Ferro First Foster

TIONG OO +e OO rt INNS — 1 TIES vs 30 bt OO rt

lh Oil & S.. 2] iv © 2 Robt 17 Air jie Wood

Gair Gar

nt Ind’ Woolworth

Wrigley

on ->

Young Sheet L Young Stl Dr.

BUILDING AWARDS MORE THAN TRIPLE

NEW YORK, March 14 (U. P.) — Engineering construction awards this week, aided by a heavy flow

of public building, more than tripled the volume of the corresponding 1940 period and topped the preceding week by 28 per cent, the magazine Engineering News-Record reported today. The construction authority estimated total awards for the week ended today at $132 626000 against $103.962000 a week ago 308.000 a year ago. It was the 28th consecutive increase over the yearago level. The latest week's cumulative awards for | date to $1.256538000, an increase lof 130 per cent over the first 11 weeks of 1940. Private awards were up 91 per cent and public contracts 151 per cent,

dO LS ft wt hn ln CS JCD CRIRS aD Fm} oa

——]

aan DB

Guant ‘Sug

Hanna 3 Houd-Het

Harvester M Marine Nickel

Int Int Int

Lambert Leh P Libby Loew's Lott, Inc Lorillard

Cem . McN & L

tt G5 «100 1S UY me 03

Masonite Mathieson Mengel

Corp

! Cel val i Cent volume lifted ! th ear to No Amer 5 :

No Amer Avn

G&El ... Pict tah

Penn RR

LOCAL \L ISSUES

The following ouotations 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.

Stocrs

Agents Finance Co. Ine, Agents Finance Co. Inc. Bel R { Yds com. Sik yds, pf Gomwith Loan 57% Fe Hook Drug Inc co 14'3 Home T&T Ft Wane: hd pH 50 Ind Asso Tel Co $6 «..108 Ind & Mich Elec 7% "ota. os: 109 Ind Gen Serv 67% pfd 100 Indpls Gas com Ind Hydro Elec Indpls P&L com Indpls P&L 5'.° Indpls Water 5%

AFTER EARLY SLUMP i. toi

'N Ind Pub Serv 5'3% 4 (U. P)—| IN Ind Pub Serv 6c the Board of ®

Pitts Coke&klI pt ScXB. .. Pitts Sti Pittston rocter & Ser Pub Serv

pf i: 404 G.

5 pf

: 3. bY 25 2 oa 103': Radio Radio-K-Or Republic Stl Reyn Met . Revn Tob B .. Richfield Oil

hi 4 pf. 3 . Bia com

5 of uo

Fran of

Safeway St L-S

CHICAGO, March Wheat futures on

Ind Pub Serv 7 pfd

rosy ess Laundry com g ub Serv Co of Ind 6% pfd

b Serv Co of Ind pfd a show of easiness at the out- $2, J0d G&L 38°, pid pa Other grains followed the Usion Title Co com ....

Terre Haute Elec + an Camp Milk pid Soy beans displayed yu Coit Milk oa

Bonds | American Loan 5s &% | American pan, consol Fin 5s

F 18 Citizens Ind_Tel

set action. strength, At the end of the first hour,| wheat was up 'i to 'sc, Ma; 86':c. : Corn was unchanged to up ‘tc; rye piH=eni, SAC a diy 8 unchanged to up ‘ic and soy beans Crabb. Rev.aolds-Tavior 55 42.. up to 1c. | Home T&T Ft Wayne as 18 Professional and house selling accounted opening dip in wheat. ering and buying influenced by action of the soy bean market converted losses into gains later.

U. S. STATEMENT | Ihe

55 WASHINGTON, March 14 (U. P.).—Gov- Richmond tater Ww ks 3s 57 ernment expenses and receipts for the Trae Term Corp 5s 57 current fiscal year through March 12, |

ores sie gtr, FOREIGN EXCHANGE

a s Year 2,363,298 8: 36. 338 23%. 034.4 58 NEW YORK, March 14 (U. P.).—Follow3 130.044 111 ling are noon cable rates on major cur2,700,253.07 3 rencies: Cable Rat es Net C hg. | 2,325.831,282 oe | England .. 84 | Canada 0015

tes w

~-Iow DooCOSIO PSUROWN

]

tt pt pp ft

fl pk pt po fh fd -

I S Indpls P&L ea ion Indpls Railwav_ Inc 5s 67

the Induls Water Co 312s 66 . » okomo ater orks 5s Short cov-|gokomo Water Works 3s the Kuhner Packing Co 4!5s orris 5&10 Stores 5s 50 Muncie Water Works 5s | Nat Silk Hosiery 5s 42 Ind Pub Serv 3%s 69 N Ind Pub Serv 3%is 69 N Ind Tel 4'4s 55 Pub Serv of na 4s 69 ... Pub Tel Co

aS Sn =1 -

NNT

- bh ft bt Bo fh fe fo nt nd hk fd

DPD OCHICTSOoOWOCES Dede DO nla = IF NNO =I Ww]

ht wo oc wwe

“:3 105% ‘i 91 «11%

Receipts Gross

{pound) (dollar) (franc)* tlira) ie Customs 51| Finland imarkka) | Switzerland (franc) INDIANAPOLIS CLEARING HOUSE Sweden (krona) Clearings oi S$ £291,000 | Japan (ven) Debits nn, R83, We Mexico (peso) .

1.608.766.4402 42.397,784.048 99 | France 18.255. 168.12 3.81 1taly 251,445.003.¢

'803 308 it 4 7.178 198.7 17 8.234,397.06 38.534 512 99

irseal

RETAIL TRADE HOLDING GAINS

Wintry Weather, Dun & Bradstreet Says.

NEW YORK, March 14 (U, P).— Retail trade scored a further moderate rise this week despite “the setback to spring buying occasioned by

v, | per cent in the previous week,

and $43.- |

Ask

_ | profit *| common share vs. $3,214,043 or 2 in 1939.

the wintry weather,” Dun & Bradstreet, Inc., reported today. “Reports from individual cities showed greater irregularity than in weeks, but the number reporting a decline in sales was substantially than those with gains,” the authority declared. | Dollar volume of estimated 6 to 10 per cent above

| * | preceding of centers less

trade

retail sales was

[with a year-to-year gain of 7 comparisons with a year somewhat distorted because early Easter in 1940. “The ability of trade to rise the face of unfavorable weather was (attributed in most |insistent demand for ings and automobiles, Bradstreet explained. “Response to promotional efforts

ago of

were

home-furnish- " Dun

in housewares was said to be especi-|

ally strong: cooking utensils, dinette

sets, sunlamps,

| selling items. On a regional basis, showed the following percentage gels over a vear ago: New Engand, up 5 to 8; Bast 3 to 7; Middle rs 7 to 11; South 6 to 15, South- | pest 5 to 12; NO West 6 to 9, and | y Coast ‘ a hy a steady stream of orders for current and future needs was reported at wholesale. “Demand continued strong,”

retail trade

for replacement Dun & Bradstreet said, lines more than distributors could handl® by the requested time of delivery.”

STEEL INDUSTRY ~ REPAIRS FURNAGES

NEW YORK, March 14 (U. P) — The steel industry's program for modernizing and enlarging productive facilities in 1940 increased the nation's annual blast furnace pacity nearly 2,000,000 tons, although no new furnaces were com-| pleted, the American Iron & Steel | Institute reported today. At the end of 1940 such capacity was “very close” to the 1929 level of 57.855,000 tons, the authority | said. Several new blast under construction

| {

at the close of

last year and will be ready for use|

before the end of 1941, raising the [annual capacity of the industry around 60,000,000 tons. “Steelmaking capacity at the pres-

ent time,” the Institute said, “is

| almost 40 per cent higher than in | Ste 2 (1918, and 15 per cent more than in |

{ 1929, | for steelmaking than in earlier { years, however, because of | greater use of scrap metal as a a; | material.” Total capacity 1940 was 84,148.350 tons, open hearth, Bessemer and ingot and castings. Only 25 of the 231 blast furnaces in the country were inactive on Dec. 31, 1940, a record low number, | Whe Institute said.

BUSINESS AT A GLANCE

By UNITED PRESS

American Manufacturing Co. and | subsidiaries, 1940 net profit $517,375 vs. $549.671 in 1939. | Diamond Shee Corp. and subsi2 diaries, 1940 net profit $812,739 equal to $1.66 a common share vs. $847,123 or $3.31 in 1939. General American Transportation Corp. and subsidiaries, 1940 net $4,242 405, equal $4.11 a $3.11

including | electric |

| « General Motors Acceptance Corp. | KE ia

nd consolidated subsidiaries, $10,144964 or $20.29

|a share vs. in

1939. Magma Copper Co. Arizona Railroad Co.,

and Magma |

$2.78 a share vs. $1,385,851 or in | 1339.

New Record Calls for Celebration

When a record is broken it calls for a celebration.

in March, 1936.

Monarch Buick sold more new and used cars in February of this year than in any other month of the company's history. At a dinner at the Lincoln Hotel last night were (left to right, front) M. G. Griffith,

The last previous high was

Harry Moore, William Krafft, president, Jack Ryan and Delmar Godfrey, and standing, left to right, Bert

Sheets, Harvey Barnard, Roy Eberly, K. E. Highly, E. G, Frost and C.

March

Advance Is Made Despite) hogs weighing on

{

the | corresponding 1940 period, compared | Good

to 12| { 300-

The | the! in| instances to the

and bath accessories] were frequently mentioned as best-

“and in some |

ca- |

Goo. furnaces were |

to |

| |

1940: | net profit $10,180,994, equal to $20. 36 180 Ibs;

1940 net profit |lambs, before depletion $1,132908, equal to] $3.39 Salable

| | eood

MOST PORKER PRICES STEADY

Some Lighter Weights Sell 10 Cents Higher Here; $8.05 Is Top.

HOG PRICE RANGE Top ($8.15 8.15 8.00 7.90 5 90 Cisassabinnasiaee 095 IL siisiiiivinicsises 8.18 12 siiiiiinnisarianes 8.08 IB iisiisisnssnennees 8.00 HH ciisiaseniiiiinis 3.05

Recfiptit

3 1 5 B siceninntninnrennns 7 sa 8 10

I~ R014 5,461 a0 1.000 10,775 . M7 7,563 | R841 | 7,103 |

March March March March March March March March March March

EE I

Sess ss isan nnnene

Good demand for hogs cqualled the supply ta Indianapolis stock-

3 In 10 Stores Fail in a Year

WASHINGTON, March 14 (U, P.). —Three of every 10 new retail stores established in the United States go out of business within their first year and another 14 per cent fail before reaching their second “birthday,” according to the U. S. Department of Commerce, Over-optimism on the part of the new merchant seems to be the principal factor behind this high mortality in the retail field, rather than

FRIDAY, MARCH 14, 1941

BRITISH IMPORTING MORE U. §. GOODS

WASHINGTON, March 14 (U, P.) —Exports to the British Empire in January amounted to approxi= mately $224,000,000, a gain of $24,= 000,000 over December and $16,« 000,000 above the monthly average for the last half of 1940, the Com=merce Department reported today. The gain was offset by a 40 per

depression conditions, the department said. It was pointed out that many retail concerns are started on a “shoestring,” so that even a heavy seasonal decline in their line is enough | to force them out of business.

CHEMICAL INDUSTRY ACTIVITY INCREASES °

NEW YORK, March 14 (U. P.) —

Activity in the chemical industry |

cent drop in value of exports te

Japan and 10 per to Latin America. Total U in | January were up to | $325,000,000. Exports to the United Kingdom were the largest of any recent month — $117,000000, much of | Whiek was accounted for in sale merchant vessels valued at 2 400,000 and heavy iron and steel | valued at $23,700,000. Shipments to Japan in January

cent S. exports

1 per cent

yards today and prices were steady in the first quarter of this year 1S | amounted to $11,600,000, the smalls

the Agricultural |

(to 10 cents higher, [ Service reported. The dime advance was made on 200 pounds, bought | |by out-of-town packers. The top was $8.05 for good and choicz 220 to | 230-pounders., The marketing service reported 314 cattle, 370 calves, 554 sheep and 7103 hogs weie received.

HOGS Barrows and Gills

and Choice— pounds pounds pounds pounds pounds pounds pounds pounds noe nds pounds

Good 1€0180- & 200- 2 20- 2 i 27

2 330 Medi 160-

1-31-1080 ~T~1-1=3

-] WACO DLDO-T SUNT INI DOD

-3 wo

200 pounds ...

Packing Sows and Cholce— 200 pounds

330 pounds 360 pounds

270- eB sanae

330Good - 400 200- 450 450- 500 { Medium 250- 500

Criss nsenrnae

7.00@ 6.90 @ 6.85@

6.15@

pounds pounds pounds

Cas esastt anne

pounds . ives Slaughter Pigs vdedium and Good—

90- 120 pounds 6.35 | CATT LE

Slaughter Cattle & Vealers (Receipts, Steers

314) |

| Choice— 750- 900 { 900-1000 100-1300 300-1500 Good 750- 900 pounds | 900-1100 pounds 1100-1300 pounds 1300-1500 pounds Medium — . 750-1100 pounds 1100-1300 pounds | Common-— 750-1100

$12,256 13.75 10.254 12.00 «. 10.256012.00 . 10.254112.00

pounds pounds pounds pounds

8.754 10.25 10.00% 12.00 10.00@ 12.00 [email protected]

9.00710.25 9.004110.25 8.00@ 9.00

pounds fivevat ved Steers, Heifers Cholce— 500- 750 pounds Good— 500- 750

[email protected] |

pounds ie [email protected] Heifers Choice750- 900 Good750- 900 Medium— 500- 900 Common— 500- 900 pounds

pounds Tear iaanes 00@ 12.00

pounds T56r11.00

seas an nan,

pounds ..eeese 50@ 9.75

7.25@ 8.50 Cows ie 50@ 8.50 .50

Good Medinm : and common

Cutte Canner

(Yearlings excluded)

Beef-— Good 15890 Good feed Medium Cutter an vd common i Vealers

8.50 8.25

He 75@

26m 7.75 25@ 7.25

11.00612.00 7.506110.00 5.506 7.50

Good and choice C -ommon and choice

Feeder and Stocker Cattle (Receipts, 370)

Choice— 500- 800 pounds 800-1050 poundas Good — 500- 800 pounds 800- 1030 pounds Medi 500- 1000 pounds | Com 500- "300 ‘pounds alves and eho! hie ke 500 pounds down Medim ds 4 500 pounds dow Calves (heifers) Good and cholce— 500 pounds down .. 9.2510 75 Medium—

500 pounds down "50a 9. 25 | SHEEP, LAMBS (Receipts, 559)

caer aan

sess anntan Cassatt as ene

sess sasnannre

(steers) 10.00%11.75 | [email protected]

Good and choice . [email protected]

edium and good Common . Yearling Wethers

Less pig iron is now needed | Good and choice

| Medium ‘ ‘Ewes (wooled)

the Good and choice

Common and medium |

as of the close of | 1C HICAGO LIVESTOCK

7000: generally steady tol 10 cents higher; advance mostly on weights under 220 1bs.: top, $8.05 sparingly: bulk good and choice 180-240 lbs, $7.75w8; most 240-270 1bs,, 37,000. 7.85; 270-330-1b. | averages generally, 3507.70; bulk smooth 400-500 lbs. ; preking. sows, $6.7567; heavy and rough kinds, $6.50 and below. Cattle— Receipts, 1000; calves, 200; supply medium and good light weight steers and vearlings, full steady, largely | $9410.65: weighty steers, scarce, one load! good around 1500-1b. weight, $11; moderately active trade on all classes to local big killers; several loads good heifers scaling mostly £50 lbs. end above, [email protected]; | market active on both cows to [email protected]; werk: odd good heavy sausage bulls, | vealers steady, practical ton, $11.50. - Receipts, §000; late vesterday; | fat lambs fully steady: few decks choice handy weights, $11 15: bulk 7ood and | choice handy and medium weight Westerns, [email protected]; few scaling 103108 lbs., $10.604110.75; double and deck lichtweight shorn lambs, $0.40@ 9.50, fat sheep, scarce. steady; today's trade; fat lambs opening steady to 10 cents lower most early sales good to choice handy and medium weight fed wooled lambs, $10.75 | #11: with few loads choice medium weights | held slightly higher; fat sheep very scarce, stea

OTHER LIVESTOCK

FT. WAYNE, March 14 (UU. be ~+3S Steadv to 5¢ higher; 200-220 lbs, $7.75. 180- 200 1bk.. $7.55: $7.40: 2 $7.20:

Hogs—Recelpts

small

i lbs :

$6.10! stags,

100-120 $5. calves, $10.50@ 10, 18.

fed Western |

CINC INNS TI March 14 (UU. P.).—Hogs 3500; total. 3700: holdovers, 50: to 15 cents higher: early top, $8.25 and choice 200-240 lbs, $8.10@ 8. 20: 300-350 lbs, $7156 7.25: 160-180 lbs. $7.8 18: medium and good grades 140-160 Ips. | $7.057 7.40; packing sows steady, mostly |

$696.50 Cattle —-Salable, 300: total, 455: calyes 300; week-end supply small, steers, heifers] and cows active, mostly steady: scattered lots medium to good heifers, 685-830 Ibs. | $8.256: 10.25; cutter to common cows. @6.75: strong weight canners. : sausage bulls, $7.5068.25; vealers steadv: good and choice, $11@12; and medium, $7410 Sheep—300: active, market: good | wooled lambs scaling 3- pr . $10 Jom 11: deck good 90-1b. clipped lambs, $9. others absent. |

DAILY PRICE INDEX

NEW YORK, March 14 (U. P)). —Dun & Bradstreet’s daliy weighted | price index of 30 basic commodities, | compiled for United Press (1930-32) average equals 100): Yesterday Casa sss san santas Week Ago SAARI RE Month Ago Ceres scass erase Year Ago ... CisisEnnnane 1941 High (March 10). caa0ss 1941 Low (Feb. 17)....

steadv

common |

stron

126.25 124.80 123.35 118.50 126.35 123.03

sean

COTTON SEAT SOLD NEW YORK, March 14 (U, P) .— A membership on the New York Cotton Exchange sold today for $4,250, up $350 from the last previous transaction.

WAGON WHEAT fndianapolis grain elevators are nayin for No, 1 wheat, 82c; subject to marke ehanse: other grades on their merits Cash corn; new No. 4 white shelled corn, B58c,

Ww. Higginbotham,

5% No. 4 velow ne led corn, bdc} No. while oats 3

si nis tga

expected to show a rise of about 13 | per cent over the 1940 period, ac- | | cording to the current issues of the

| Chemical & Metallurgical Engineer- |

ing magazine, The magazine reported that con(sumption of chemicals continued to run at a high level through last | month and stated that the outlook | “appears favorable for some time | to come.’

| est monthly total since 1936.

LOCAL PRODUCE

No. 2 10c; 3 Ibs, Rocks,

colored hens, ldc; 11¢; Leghorn hens, hens, 17¢; broilers over, 19¢; White and Barred colored breeds, 18c; cocks, Tc.

Eggs, 15¢ Butter-——No. 1, 33@33'2¢; No. 2, 311%¢: buterfat, No. 1, 29¢; No. 2, 27¢ (Country pickup prices quoted by ‘Wadley Co.)

breed hens, 2 Leghorn

Heavy colored 0 |and 31@

the

——

1940

6.00 Woods 3:95

now

5.00 Irons

2.95

now

Woods come in No.'s 1, 2, 3. Irons include No. 2 up through the putter.

8.00 Woods

6.00 Irons 3.95

now

The woods come in

No’s 1, 3 and 3 The Irons from No. 2 up through the putter,

$12 Woods now 6.95

$10 Irons 3.93

Woods, No’s 1, 2, 3. Irons, No. 2 up through the putter.

now

ASK ABOUT AYRES

Woods and Irons

Models at

40% OFF

1940 Selling Price

DEFERRED PAYMENT

SPECIAL

ular price 15.40. Wh

Made by Wilson, for men or women, reg-

Golf Bag, 3 Irons and | Wood,

flo 15 sets last... @ OF Sef

AYRES' LUGGAGE. EIGHTH FLOOR, ..

A IEA