Indianapolis Times, Indianapolis, Marion County, 24 March 1941 — Page 5

PAGE 5

F. D. R. KEY TO SEAWAY VOTE

Mere Majority Will Pass St. Lawrence Project For ‘Defense.’

By CHARLES T. LUCEY Times Special Writer

WASHINGTON, March 24 (U. P.). —Success in the fight for Congressional acceptance of the St. Law‘rence hydroelectric power and navigation project will rest largely on President Roosevelt's prestige and on the degree to which the develop{ment can be “sold” as a defense need, a survey indicated today. The President’s strength in Congress seldom has been greater; with the Lend-Lease bill passed there is little opposition to appropriations to implement it. But the attempt to place the defense label on the

St. Lawrence project is meeting sharp attack.

THE INDIANAPOLIS TIMES

Help Settle Labor Strife

MONDAY, MARCH 24, 1941

BUSINESS

Retail Sales Improve Most In Indiana’s Four Largest Cities

By ROGER BUDROW

FOUR INDIANA CITIES ARE RUNNING a fairly close race in the retail business this year. All of them, of course, are far ahead of last year. In fact, no major city in the state is behind last year’s sales thus far, according to Commerce Department figures. The cities are Ft. Wayne, South Bend, Indianapolis and Gary—and in that order. Of course sales in Indianapolis far exceed those in any of the other three but in the extent of their improvement over last year that is the way they

line up. Ft. Wayne's independent stores, DEMAND BEST

up to the end of February, sold 23 | per cent more| goods than in! Heavier Weights 10 Cents Lower at Stockyards; 10,641 Received.

the first two months last HOG PRICE RANGE Top

vear; South Bend 22 per| cent: Indianap-| olis 19 per cent and Gary 17 per | cent. | The aver-| age improvement, then, for this group of srersenrssansye- 58.08 rssreastrsnasnyey 5.00 serassruenes 5.08 veressrsusnavanes B10 . 8.20 8.25 8.15 cerasaves $25 sersrvenes 3.33 csersrasaassee R25

Resigns

U.S. STEEL'S NET BEST SINCE '30

1102 Million Cleared in "40; Britain Bought Tenth |

Their Job:

Of Firm’s Output.

NEW YORK, March 24 (U. P) — | Irving S. Olds, chairman of United | States Steel Corp, told stockholders |§ |in his annual pamphlet report today |} that British and American armament orders helped lift the corpora-

|and its subsidiaries for 1940 at $102,.- |

Harrison Meany Kennedy Murray

Meet the members of the 11-man National Defense Mediation Board named by President Roosevelt to help settle labor disputes | in defense industries. Chairman is Clarence A. Dykstra, draft director and University of Wisconsin president, representing the public. Other members are: W. H. Davis, former New York labor mediator; Frank P. Graham, University of North Carolina president; George Meany, A. F. of L. general secretary; G. H. Harrison, railway clerks president; Bs 11.282. a new high since 1930, and | Philip Murray, C. I. O. president; Thomas Kennedy, United Mine compared with $41,119,934 in 1939. | Workers vice president: Eugene Meyer, Washington publisher; Roger | He revealed that exports to Great | D. Lapham, president of American-Hawaiian Steamship Co.; Walter Britain in 1940 accounted for about | C. Teagle, former Standard Oil of N. J. president; and Cyrus Ching, 10 per cent of all the corporation's |

| steel sales, and predicted that “in-| vice president of United States Rubber Co. creasingly larger” quantities would |

be required in the future for Britain |

as well as for the United States’ de- | {fense program. Exports for 1940, he |

Ryan B. Hall, managing director of Indiana Motor Truck Association since 1937, has resigned to become assistant to the vice president of Haeckl's Express, Inc, at Hamilton, O., April 1. He will devote much of his time to or personnel and public relations Some Administration officials forework |see their chief difficulties in the bt SE ae House. They insist, however, that Mr. Roosevelt's strong position will be enough to put it over.

a STOCK PRICES | Foes of the development, led by

March March March March March March March March sane March 21 March March

12 13 . 14 15

Beiter predicted today that uld be impossible to muster Buy on 175 votes for the project the House, and that this would

Wesessr cartes.

seessirsensseunan Davis Graham Lapham Teagle

2 ...

24 Liciecenennennnnn ey

| >» |

Net Last Change

48 14 Saturday Ys Week ago 4 Month agn Ys | Year ago | High. 1941,

o 5 =

2 —0.55

0.06 1.25

—0.18

DN ~~

— 1 — 116.25

133. 39; low, 117.66 20 RAILROODS

tpt 13 00

AU BUT on. 5 A » man

+, | Saturday = YA! Week ago ¢ Month ago 3 om age .. * High, 1941, 2 High, 1910,

or On

00 we ww

3: low, 26.5 32.6%; low, 22.14.

15 UTILITIES

» ”

GOODRICH PLANT AT i AKRON COMPLETED

8339827 AKRON, O. March 24 (U. P) —

78.621 3s The B. F. blo Co. today an-

ei nounced completion of a $300,000 aa 13 manufacturing plant here for the processing of products made from Koroseal, the synthetic-elastic “The completion of the new plant climaxes a program of capital out{lays in the development of Koroseal ‘in excess of $1,000,000 for the production of raw materials as well as that of finished goods,” Dr. H. BE. Fritz, manager of the company’s synthetics division, declared. The expansion, he added. reflects | increasing acceptance of the ma- | terial for domestic and industrial luse, and growing requirements of 2 national defense. and

Saturday 8 | Week ago Month age Year azo ......:» 1. | High. 1941. 20.65;

High, 1940, 26.45;

LIB

low, . low, 18.03.

wa Nnren AW)

ast Yea $67.017,086 in 1939. | Receipts aso With the exception of 1937's $88,- |GIP*,R°f 12/000,000 tax bill, the corporation's tax Cash Bal ' payments last year were the highest Ya Dah! n since 1918 when $297,600000 was] Gold Res s paid In direct taxes to Federal, state | TRIOS

+ 15/and local governments. INDIANAPOLIS CLEARING HOUSE

HEAT S SLOWED i | BY COLD WEATHER

1-16 +

ro I i

eC)

a® am I

83!

eI DNB WEI 3

/ Skelly Oil * Socony Vacuu ‘14 | South Pac

1a Sperry Corp

» he

AS am

L $6.96 4.30 3893 2,593, 2.53 1.83 42,52 18.39 25

a i 02 S300 TY 8: £38 >

nd ay

| Spicer pf ... | Spiess! Inc . Std G&E 7 pf.. Std Oil Ind .- Std Oil NJ . Sun Oil pf Superhtr “rus Superior Oil

6,17 6,615 2.465, 3,492.8 9.276

NE Ee a » 2» a

—— 0 BID Ae ID DD

Ls - |

383 0

| Good 270- 0 130 300130 715 FOOD F PRICES CHICAGO, March 24 (U. P.) Apples Michigan Jonathans, bu. [email protected]. Tomatoes—Mexican, lugs, $2.90@ 3.35 Solsch Texas, bu, [email protected]. Cauliflower —California, crates, $1.65@ 2.15. Carrots—C alifornia crates, $2.40@ 2.75. Lettuce —Arizona, crates, $2.75m 4. Sweet Potatoes—Tennesee, ig $1.256r1.60. Onions (50-1h. sacks)-—Illinois Yellows. 75@90¢c; Wisconsin Yellows, $1.10 Michigan _Yellows, T5c@sl.

LOCAL PRODUCE

Heavy breed colored hens, 15¢; No

“restr Rrenene

125 3 34%

LL) i, | Timken R B

“ 1, | Transamerica ..

. 421, 43,

EN 3

1 tT -

about Un P n Pacifc...... shell 3s | Un Aircraft ... 3814 j Snited Cor 2 | u Play Card 323 1, U 8 Steel 56 iu. SS. Tob. ...... 23 A. 1 —-——

{Un Stores ¢| worker Hi-G&W 2504 Iworth 47

3 3

205s

I -Y

A DIRS ee D0 =

23-3

Times Special WASHINGTON, March . tinued unseasonable cold has held | back early spring farm operations a, until they are from one to three weeks behind time, the U. 8: solos Ser ,| Weather Bureau stated today. How |3 olpred DEAS ze: oot y Ke av «(much harm the cold has done to|0Ver, I9¢: White and Barred Rocks. |winter wheat is still undetermined,| Eggs, 15¢ [put growth in most parts of thel;c" Tat Ne 1000 No wheat belt has been seriously slowed | (Country pickup prices w |down. Although there nas been|Wedley Co) _ |little rain during the cold wave pe‘riod, the soil stil] remains too wet | for field work over most of the country east of the Rockies. In the meantime, the Southwest continues to take an abnormal soaking. San Diego had 3.4 inches of

24 —Con-

rIwce

CARD + 30 a]

Ned

6.75 Ya

Dad UT

3-1 J 3 - + 3

sess erea.

¢ a “men Rae a

WAGON WHEAT anapolis grain elevators to ha 1 wheat, 82c¢c; subject to market 2@ change, other grades on their merits. Cash corn: New white shelled corn 65¢: the inew No. 2 Jellow shelled corn, 6lc: No

shesrtes West Auto Sup. 4 | Westing El 8 ty Woodward Iron. 2 « | Woolworth J * | Worthington

3 . 1 ls are paying 1 31! 27c. by

quoted

IW NIL MILL

Interlake Ir = White oats Int Agric | Int Harvester {int P&P pf ...

) | Yellow Tr

14% a

- «WHEAT, GORN SCOR

. 14%

on a

Heifers Choice— 500- 750 pounds Good — 500- 750 pounds

[email protected] |

. [email protected] Heifers

ceesesancreee [email protected] craserannaaes [email protected] [email protected] 7.25@ 8.50

Bid Ya 20 55 56 10 9

SANE. 83 Sew 1417 8.50 7.50 6.50 2 5.50

Medium tener Cutter and common to Canner ‘

R (Yearlings excluded)

Beef— Good

8.25

tortesctratannntan

tran enne

pid f pig .

Feeder and Stocker Cattle Stee (Receipts, 647)

ns byes .00210.00

8.25% 8.00 1.309 8.25

Choice 500- 800 pounds 800-1050 pounas

| Good— 500- 800 poun 3 S00. 1030 poun | Medi goo. 1000 pounds ‘esetensaanns

500. 900 1 POUNAS ......0vnien ." Calves (steers) Goo. and ehoice— 500 pounds down .. Medium —

13 33

11.00 Ww 11.00 dmerican i Omer i¢ an an tress Tr Conlin $350" in i Horseless Carriage Pome Td T Fi Wase, 105 138 Crabb-Revnolds-Tavlo- 100 I Home T&T Ft Wavne 19 1} soc Tel Co 3'%s 7 P&L 3%s 70 . 108 s Railway Inc 5s 64 10915

Indpls Wate 3'%s 66 10912 500 pounds down

Co Kokomo Water Works 5s Kuhner Packing Co 4!:s 153 | Calves (heifers) © | Good and choice— 100 500 povnds down 10015 | 3

KL | International Sports, Inc.. Indianapolis, change of address to 1011 Fletcher

0 ; rust 100, ... |Bldg., Indianapolis.

. [email protected] un- Richfield oil

[email protected]

Yes, we say: "Those were the good old days." —But were they? Even Old Dee Ambrose used to pass up his

58. y. la : 9%

BR Muncie Water Works 5s 85.. Nat Silk Hosiery 5s 42 N Ind Pub Serv 33s 69, N Ind Tel 4'2s 55 Pub Serv of Ind 4s 69 Pub Tel Co 4! 55 Richmond Wat x Wks 58 57... Trac Term Corp 5 x—Ex-dividend.

Morris 5& 10, Stores 5s 50 7.75@ 9.25 | Mediu

| 500 nas down . 1508 9.25 SHEEP, LAMBS (Receipts, 783)

"gasoline buggie' hitch up "Bessie" te his rig when a hurry-up

12 | Good and choice { Medium and good Common

call came from outside the city limits.

FOREIGN EXCHANGE

NEW YORK, March 24 (TU. P.) —Followfing are noon cable rates on major currencies Cable Rates Net Che Fngland $4.033 Canada (dollar) *France (franc) Italy (lira) Finland (markka) Bwitzerland (franc) Sweden (krona) Japan (yen) Mexico (peso) "<Transferable only under U, Heense

Yearling Wethers Good and choi Medium

own =3a3Ls OD Tron on

| said, accounted for 20 per cent of | tion’s national defense activities as four Indiana ning a strategy meeting for next 7.103 | tional armor plate facilities to meet 1s 16 per cent over last vear, up to ——————— 8.507 | [producing shell forgings, Wp In the Senate, Senator Barkley 302 last year, the Commerce Depart- |to Great Britain and Canada; it is a V Y. S1 OCKS with a 49 per cent gain. Only groc-| Strong preference for lightweight the country who have taken con-| NEW YORK, March 24 (U.P).— tration was able to muster a Senate ruarv last vear. : 1934, even though failing of the . . Marketing Service reported. 30 INDUSTRIALS going steamers are bringing stra-| Bethlehem Steel common showed : / Allied Stores : : Sy wal action of both Houses, and requires squabbling over the new marine am- Sales Best Since 1929 thigh:r. Motors held narrow Pr heavier hogs were 10 cents lower, as| Eh LP : st § 92 | Am and Docks said they belong to the 7 lluctantly-——and only after personal sidiaries rose to a new high since 8'OUp With 7s point gain to 36 x sorted hogs sold to out-of-town | Report Shows. |Am Ww Water W g water. The decision: They're ships on {buyers and prices slumped 25 cen since 1929 at 15,543,856 net tons| NeWs was featured by a long list Similar personal appeals now if Barker Bros ... 1 seus Sheep and lamb | market value of total sales on all; - : . the defense program, as seen by | prices were unchanged. February amounted to $494,820, 307, —o15 although U. S. Steel's 1940 earnings : ernment expen the training-within-industry program 1s ! : nngs p andl Choice— February, 1940. om Inv Tr Wah » 160- 1 pounds close co-operation. 25 | $403,250,573, a decrease of 34.2 per | gO piicon . 220- 2 ODDS AND ENDS Fifty-eight [Soir 300- 3: 23 25 uary. The market value of right | curtis wih pared with 71 in January, while 27] 160Packing Sows D Volume of stock sales, excluding | Dist l n t bale otton as cials are trving out baled ¢ 360 pounds 7.10 amount of bonds sold was $148,218, LE Pw&L $7 pt having enough tungsten for! gs0- 500 pounds Slaughter Pigs {| The two leading New York ex-| ties last month, Georgia Power CO.'S | Medium ¥ t CATTLE {of the value of all sales, Sen Becirie 27 insurance companies. g Gal aver cent of Northern Indi-| Steers EB Shoo’ | 900-1000 ds 122501400 Hos pf... was represented at the annual meet- | poun 2a! changes. : 10.25@ 12.0: » 3 % = Greyhound C ’ 2 + All directors and officers were Good— 10.253 12.95 | CXEMPt exchanges for February, z p. re-elected. . . . I AN 1100-1300 pounds . 1 dult to have 90 packs, Mediu » T0012 ee ———— ne a RIT NEW PLANT BEGUN Common-— 8.00@ io) The following auotations by the Indian- : 4 ori al iy |P.).—Construction has been start-| GAINS AT CHICAGO {ndi ne approximate market level! | rain during the week, and 2.8 inches Car : y 3 y Lockhd Airérati St.cks Ask | Good— here, it was announced today ne resident of the firm. early dealings today. Other grainsi south vali ia. i Agents Binanee Cds ea T 500- 600 pounds p Marke Sint gs ] g southern California, it has been ga ssomwit in full operation within 90 days, ! F i » was up 4x to %:c, May 87%:c. Corn|in Ariz . ry 3 Isto ‘rel Co 30 pid Nat Sup pr. 48: 1; 48 : P a i rizona has helped materially in Indpls Gas _com Pd yy % : | NEW YORK, March 24 (U. P N.Y Ship 13 to_1lc. Indpis P&I Lincoln Nat Life Irs com Go " > s cott seed oil lar Much JAPAN READY FOR N 104 in 7.50 | compiled for United Press (1930-32 : a cotton seed and lard. 1C | Progre Laundry m i Good. an choice ; 2 ¥ } rane 127.60 | Rac Ed Terre Haute Elec 6% pfd. 103 *| certainty prevailing over the Balkan : Year Ago 118.01 | pere Mat pr pf ah farm Japan prepared today to cope with Ro.ds ress Stl Car 38 392 Pub Ser 5 pf | 103%; 103% | sets in the United States. CHICAGO L IVESTOCK| X= Mot : Japanese lirms and individuals will | higher on hogs 240 ibs. and up; , $8.25; : | Republic sh Cot 100, | . aon | Commercial Credit Plan, Inc., of New a der ' 400° Ibs.. $7.35. Roebuck. T11 |industrial loan business; E. G. Miller, T.|tries. 9° ambs, [email protected] or around steady; holdand “Rod and Rilco Laminated Products, Inc., Minne-| Proceeds from goods sold abroad, | manufacture and sell arches, rafters, Cattie—Receipts. 13,000; calves, 800; good | Alaska Juneau Gold Mining Co, | St., Muncie, and change of agent to Reed than week ago, this tending to stimulate Condte Nast Publications, Tne. FLUORESCENT No, we can't blame the manufacturer for that

the company’s total business. Lists Arms Work follows: Receipts Roger Budrow cities with popu- | 7.583 ; : \ i s | "U. 8. Steel is building destroyers week. lation of 100,000 or more is 20 per Lo 1,000 the requirements of the naval and | the end of February. As to the type of stores that are 9,354 | | shells and bombs of various sizes; List «Aided hy Favorable Corporation Reports; (D. Ky.), majority leader, conceded ment report reveals that the auto-| supplying a steady flow of steel to that there would be a hard fignt, ery stores not selling meat and shoe pogs continued at Indianapolis DIP 34 PER PER CENT By UNITED PRESS | tracts with the Army or Navy under | Stocks pushed irregularly higher in majority when the original seaway necessary two-thirds majority. (Ap- ® . ay 49 ic materi a 'i point loss at 762, but Oaied : | Weights under 210 pounds sold at | Abbott Lab .... 48 121.92 tegic materials from distant foreign hibian tanks which operate on both ‘Bonds Slump 38 Per Cent 32 &P ray: and firmness was noted in rails, @ Mere majority), phibian tanks which of Total sales, excluding inter-com- utilities, coppers and oils. Texas Some Senators who voted for the Jer Kir sows, The top was S. Xas were packing p Am Rag EES land and thus their bureau. Bureau 2| 1029 at $1080.900.000 from $857 100 Du Pont, with 1! point gain to appeals from the President. Conpackers. Woolen pf. : Br WOO | 1461 had one of the widest ad- Bressional friends of the project say | Ans . » 51000 in 1939, while production of fin- = : y . . on 3 — and Bureau of Ships wins control. ts| P).—The Securities & Exchange atl Eyine oo tor 1 § # |or more, Vealers, mostly 50 cents | Commission. against 11996811 in the previous, of favorable orable corporation reports, | necessary. | Bendix Ava .... 1! | registered securities exchanges for vear. U. S. STATEMENT I {ssi + Sidney ill- | Defense Commissioner Sidney Hill-| HOGS decreases of 35 per cent from Jan- Case J I : |are not believed subject to the ex- current fiscal Year through March an comGood cess profits tax, total tax provisions pared with a year ago that labor and management roubs Mos" 146" pounds .... 5 Stock sales, excluding rights and § : value of | Comwith & So 180- ” 331 cent from January. Bond sales Cons Oil 240- 2 6 corporations were granted charters | o crease of 38.0 per cent from Jan-|Cub Am_Sug 330- ; 8.00 | and warrant sales in February| rporations quit business compared corpo a P and Choice— Db Seas Ai 300 pounds rights and warrants, was 18,168,693 | Pourias Alre .. | Shares, a decrease of 29.4 per cent | linings for bomb shelters. 400 pounds : Med 6.90| 785 down 46.3 per cent from the noses to pierce armor plate. Medium | Fed Dep St ium and Good— changes, the Stock and Curb/gar Wood $105.000.000 in 3'2 per cent bonds,| 90- 120 4 91.1 per Gen Foods .... 34 than 95 per 199.8 per cent of the value of bond |Gen .e Graham-Paige 100-1300 pounds ...:v.cvennen ing of stockholders in Hammond last p - 900. pounds 95 € Grumman Air E + U. S. cigaret fac-! t [email protected] | amounted to $850,611, an increase 1300-1500 pounds Census shows. 50-1100 pounds «.... 9.00@10 25 | 750-1100 pounds . BY CERTAIN- TEED Jarvis Co apolis Bond & Share Corp. do not repreed on a new roofing felt plant of! | Eink Belt ‘> based on buying and selling quotations of | Choice CHICAGO, March 24 (U. P).— were reported from Phoenix, Ariz. OY | Loft Wheat futures on the Board of While this heavy precipitation has Agents Finance Co. Ine. com 9 750- 500 pounds *Belt RR & Stk Yds pd | Comm The new plant will have a daily |pmiiee: Tt of © 3 | exhibited a firm undertone. Soy blessing elsewhere. Thus. the heavi7% pfd . {beans were up 1 cent a bushel. est rainfall of record in the water- * Hook Drug } 1 Mr. Miller said, Nat Gvpsum .. 16 fe TF ‘Ind & Mich Elec 7% pid rp was up %: to ':c; Oats up sci filling up irrigation reservoirs in v Y Central ] Hydro Norwalk T “ y > . i IX ase - Ba POM prd Dun & Bradstreet’s daily SeiEhien | Demand in wheat was stimulated | Ind Pub Serv 527 pfd i “es N Ind Pub Serv 67, pid.. 108, Cutter and common ... 7.00 average equals 100): | Bac G & ; (of the buying was credited to houses | RE Pub S Co of Ind 6% vo | was scattered. Volume of business [| OF ASSETS Pub Serv Co ‘of Ind 77 118 [Common and choice... YWeek ATO ..ccteeciitonecees 126 33 | BAramy Ret too3n; 3: 33 Pere Marauette. Union Title Co com ! [situation and prospective Yan Camp Milk uid 1941 High (March 20) + 127.75 Ehil Co 8 pt n- 88. any actioa that may be taken al Loan bs 51 102 Pub serv wakes 3 0 sshboas ve | 1 ; 3 : | 94% cvisraas 103 Incorporations | The Ministry of Finance anHogs—Receipts, 11,000; moderately active | Radio Cisaens 4 $l and generally steady to rong om all| Reading good a AoE SA Spa: JT] be required to file monthly reports | 40- 270. 1bs. $7. 60@8; 270-330 1lbs., $7 : 205% 1s | Albany, 113 E. Spring St. New Albany; | On their assets in the United States | 8% 4 | agent, Jacob S. White, 11 S. Meridian St.. Sheep Receipts, 11.000; today's trade. fat, lambs opening very slow; few bids on| Sears I | ,2|P. Foley, Harry A. Weaver Jr | The reports will include assets | BO rae wet 2% Grommes & Ullrich, Inc.. Chicago, Il. . lambs S1@LLES op around sie : ho “Rod 'which it would be impossible or dif- | 8 y 1 = 3 » weights upward to $1 above: | Reel,” “Field and Stream Ce Fag jnevenly lower. Sih Shueen, very Scarce, | admitted to Indiana to securities, dividend revenues, real and | : engage in construction business. { estate, bank deposits and loans. and choice fed steers and yearlings, strong | 1940 net profit, $721,698, equal to 48] Commonwealth Realty, Inc. Indianapolis, to shade higher; trade active, especially cents a share vs. $916.539 or 62 cents D. 'Voran, same address. . : trade on ail weights of value to sell at Ft. Wayne Chapter of the izaak Walton $11 upward: common and medium brades : 1940 net profit, $263,162, equal to 77 cents a share vs. $240,327 or 70 cents L 6 H T N G Commercial and Industrial

Ewes (wooled) Good and choice . Common and medium

WASHINGTON, March 24 (U. P.).| The Interstate Commerce ComGIVEN mission approved a reorganization hy ; {plan for the Ft. Dodge, Des Moines Reg. $250 SX10. Photo: |& Southern Railroad Co., which En: With rch Boas: 1 | would reduce its total capitalization | ty Service Amounting | from $10,162,791 to $3,672,500 and

te S106 _or More. {eliminate fixed interest charges.

pound)

although the automobiles were put together

00%’

Mr. Olds summarized the corporaRep. Beiter (D. N. Y.), are plan8.811 | |and cruisers; it is developing addi- HIGHER AT N, Y. cent. The gain for the whole state 5.398 military expansion programs; it is! i Ching be insufficient. ; 4 SPA Bi 7.814 | fhowing the greatest increase over |is sending large quantities of creel | ady Trade Is Quiet. | but ointed out that the Adminise mobile dealers are still in the lead manufacturers in different parts of | p 5 hy treaty was up for ratification i stores had sales volume below Feb-| ., ywarqs today, the Agricultural| DOW-JONES STOCK AVERAGES the defense program; and its ocean- quiet dealings today. p H ] proval now is thought by concurrent TWO NAVY BUREAUS have been | ; Alaska Juneau . 123.46 ports to meet defense needs.” States Steel held about ': poin g 1 the same prices paid Saturday, but Car land d B u of Yards Am land at ater, ure: ards SEAR : ang sna Yaw 2 During February, SEC pany revenues of transportation sub-| COTP. was a feature in the last Seaway then, however, did so re$8.25 for some 210 to 220-pound as-| {Am . : : Am St Fdies |. of Ships said they belonged to the | WASHINGTON, March 24 (U. Anaconda Mr. Roosevelt is pre to make Steer cattle met indifference from | lished steel also reached a new high VANCes. prepared reported that the! AN OVERLOOKED benefit from | lower, sold well. | Burroughs —0.0 4 Mr. Olds told stockholders that, WASHINGTON, March 24 (U.P ) Gov. man: “A valuable by-product in this | o Cent Aguirre Fecoipts Barrows and Giles | uary, and of 28.0 per cent from é 3 for the year rose to $85.420,545 from are getting together in a spirit of | 110- pounds 3 warrants. had a market Expenses | Cons Aircraft. . ; | 200- 2 190 were valued at $01,476,036, a de- | Coty & 270- 3 ©, -3 | Curtiss Wr in Indiana during February, com- He. 200 pounds | | totaled $93,698. with 21 in January. Farm offi330 pounds .... { from January. Total { worried | 15 ense officials are reported 30 pounds 500 unds 7.00 | preceding month. Largest single issue of securi- | Poutids p 8 | Flintkote : Boangs markets, accounted for 92.7 per cent Gen Am Inv was not sold to the public, but to . More Slaughter Cattle & Vealers (Receipts, 1570) | cent of the value of stock sales. and | Gen G&EA ana Public Service Co.'s voting stock 7} 750-900 pounds [email protected] | Sales on all registered securities ex- | | Gillette SR... | 300-1300 pounds ...iiiiiiill [email protected]| Market value of total sales on all|Gt North p week 900- 1100 pounds tories turn out enough each year) 10. shel % of 9.4 per cent over January. 1100- 1300 pounds 8.75@10. 2) “1 , LOCAL ISSUES Steers, SAVANNAH, Ga.,, March 24 (U. Kennecott sent actual price of offerings, but merely It the Certain-Teed Products Corp.| | Lig recent transactions. 750~ 00 pounds NLR George A. H. Miller, executive vice | Trade scored moderate gains in|been harmful in some parts of Agents Finance Co.. Inc.. pid ie Markt StRynrpf 30 mon Central 4.7% | 500-900 pounds capacity of 50 tons and will be|Mullins pf At the end of the first hour wheat sheds of the Salt and Verde Rivers Home T&1] { Nat Sup 6 pf hd, Gen Sery 57% pid is. DAILY PRICE INDEX NY ack w rye up lic, and soy beans that region. *Indpls Water 5 » nid $i | price index of 30 basic commodities, | Ohio Oil v.| DY the strength in such commodities] 1043 N Ind Pub Serv 7, pid 13% Vealers Saturday T&T Yai with elevator connections. Selling | nl was light due in part to the S&L f 9 So Ind G&L 4.87% pfd 104 Month ARO ......vvvenvaee, 124.36 Pere Mar P40) TOKYO, March 24 (U. P). ae i 2 Van Camp Milk com Phillips ePt_.. 1, | legislation, 1941 Low (Feb. 17) 123.03 L 100s "a Washington to “freeze” Japanese as50 taxa 100 | : nounced that, beginning today, weithts and sows; instances Bi cents | Reo 7.65; -500-1b. sows, $6.90@ 7.25; few ow, Indianapolis; 1000 shares of $10 par value; as well as all other foreign coun- | ood and choice handy and medium weight | Servel a. a | registration of trade marks, and heult ¢ cu io r ri s Ss heavier weights very dragey: nd v bids | BUSINESS AT A GLANCE. Gun'’': Class 48; alcoholic “pa ate, uch as the jteady, odd head choice handyweight ewes, By UNITED 2RESS |sota corporation, $6.7 change of address to ?. Washington on Eastern account; killing quality plainer in 1939. Ri-6421 League of America, Inc, 5 Ft. Wayne slow, steady, less active than last week 5 in 1939.

National Bank Bldg., Ft. Wayne; no capiat $10.25 down to $38.75 and below: ex- : : ith v litt i w Ferro Enamel Corp. (excluding|] with very little shock absorption and when

tal stock; L. H. Duntent, T. Storm, Peter treme top, $14.25 paid for choice medium wholly owned subsidiaries in Hol-

M. Certia. weights: comparatively little above $12 The Junior League of FL Wayne, few loads making, 3 $13@13 50, however; $1 land and England), 1940 net profit, $440,443, equal to $1.89 a common

Inc. a 4248 Beaver Ave., Ft. Wayne: no capital best vearlings all light cattle stock; Mrs, William C. Rastetier Jr is grading good and Detter gefting dependshare vs. $400,947 or $2.06 in 1939. Garlock Packing Co. 1940 net

Phylis Bales, Mrs. Scott S. Snyder, Mrs able action; heifers fully steady, mostly Brady Mulholland, Mrs. Murdoc Mulhol$9.50@11. best around $11.75; cows, weak, profit, $1,132516, equal to $541 a ip vs. $1,004,585 or $4.80 in 1939.

Brad traveling at the terrific speed of 20 miles per, but bulls and vealers, steady; weighty R. Kinnéy Co, Inc., and sub-

over DUSTY.RUTTY ROADS — well,

just about all the nervous system could

a it was Lighting Engineering Service

CENTRAL

Rubber & Supply Co. 118-120 S. Meridian St.

S. Treasury of Waynedale, Allen County, Indiana; Russell Buskirk, Milroy Plough, Vaughn Johnson, Russell L. Poorman. Sundown Saddle Club, Inc., R. R. 1, Jide ort; no capital stock: Joseph A. Tomes. A A. Dunham, Edit Be dior Warehouse, Inc., dissolution.

PRICE REDUCED THIS WEEK

endure.

-Receipts, 3300 Market generally bidding 10 to 20 cents lower than Fr day, |

but weights from 160 lbs. up were as f mdiana polis,

Portage Creek Camp Association, Inc., sausage bulls reaching $8.25, and most R.R. 4 Ft W Boras PE ea a Syn sx ore as IOI | cian ries 1940 net income, $306,428,

: ayne; agent, Russell Bus-! | good to choice vealers, $1112; very few, kirk, same address; no capital stock: to 1 OTHER LIVESTOCK 220 Ibs. Renerally active to 15 cents higher | equal to $4.79 a share on $5 prior than the above prices on butchers scaling preferred vs. $337.278 or $6.92 on $8

maintain club rooms for boys in vicinity CINCINNATI. March 24 (U. P.).--Hogs!| | 220 Ibs and up. talking steadv on 100-150

Thanks to the present-day automotive engie

S packing sows at

hoic — Rubs "Lee Beauts The plan, which would be retrou y kee <aion |active to Jan, 1, 1941, will be filed 337 Mass. Ar |with the Southern Iowa Federal

A. M. to 8 r MONG Abt. Necessary : : : District Court for its approval.

A HOME FOR THE YEARS SECURE... PROTECTED and PLANNED for GOOD LIVING | Financed through the F. H. A. Plan on Convenient terms. |B

THE UNION TRUST COMPANY |

Member—Federal Deposit Insurance Corporation

LOANS

wat The CHICAG

Brokers in 146 E. WASHINGTON ST.

the State HE i sis

on on Everything! | !

Diamonds, Watches Watches, | Autos, Cameras, Clothing, Shotguns, Ete. JEWELRY CO, Inc. |

E+

bs... or rom $6417.50; [email protected] ‘Cattle ecsints. 925: calves, 300 classes around steady: lighter weight steers and heifers in instances stronger: bulls weak to 25 cents or more limited number common and me- ; medium and good $10.75. and good 1060- ; good 755-lb, heifers, ; others, $10.50 down to $9: cutter and, JSommon, cows mostly [email protected], few

[email protected], strong weight canner EN % 750 5.50: bulk Sausage 11s 5: mostly TT

calve 4 $11: vealers, and choice. $1112; common and grade, $7.° 50@ 10;

Most

medium, according to culls, $6. occasionally to $5.50 and under. eep—Receints, 150. Early supply comprised mostly of strictly good 86-lb. wooled | mbs At 1; few common woolskins $7.50. good 82-1b. clipped lambs. eep scarce and quotable around!

YNE, March 24 (U, P.).—Hogs Ne 240 lbs. A Ibs. $7. LA,

sound $10; stead

sieady: 180-2

. _roughs, $3. Calves, $12.50. Fed Western |

Lambs, $10.50@ 10. 75.

Guaranteed

WATCH REPAIRING DONE BY EXPERTS

H. H. Mayer, Ine.

92 Ww. Washington

preferred in 1939. Poor & Co. and subsidiaries, 1940 net profit after Federal and Canadian income taxes and Federal excess profits taxes, $646,236, equal to $1.12 a share on Class “B” vs. $588,807 or 96 cents in 1939. Texas & Pacific Railway Co., two months ended Feb. 28, net income, $385,499, equal to 48 cents a common share vs. $126,691 or 53 cents on preferred year earlier. U. 8. Playing Card Co. and subsidiaries, 1940 net profit after Federal and Canadian income taxes and Canadian excess profits taxes,

;1$1,008,687, equal to $2.61 a share vs. o| $975,640 or $2.55 in 1939.

DELIVERED b 0 and this AD

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OE TT ITE HO. Largest Opticians in America Principals of this firm own

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Broken lenses duplicated, tions filled. Lowest prices.

frames repaired and replaced.

NATIONAL OPTICA]

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Founded 1897 mes]

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