Indianapolis Times, Indianapolis, Marion County, 17 April 1941 — Page 18

PAGE 18

BUSINESS

Government Ceiling on Steel Prices, May Be Only a Temporary Cooling Off!

Br ROGER BUDROW | THE FREEZING OF STEEL PRICES by the Govern-| ment, announced last night, is not necessarily permanent, If! the steel companies can prove that the additional 10 cents an hour they have agreed to pay their workers will mean they |

will have to get higher prices for their steel in order to break | even, the Government is expected to relent and permit some| increases. The price-fixing order came from Defense Commissioner | Leon Henderson just shortly after spokesmen for the steel

| |

industry insisted they would have to obtain higher prices] to make up for the 90 million-dollar annual wage increase granted the 31,000 steel workers, Thus the order is regarded as a quick move to head off any immediate price increases and as a move to provide a “cooling off”| period during which the problem facing the nations basic industry can be tackled sensibly.| The order spe- | cally states] the prices] eel firms) arged in the irst quarter this March) Henderspectacu-

INDIANA WHEAT | CROP SMALLER

Purdue Forecasts Yield 17 Bushels per Acre: Farm Labor Down.

LAFAYETTE. April 17 Despite improved soil Indiana's winter pects on April production of ,200,000 bushels,

16¢

Roger Budrow U.P) conditions, p! 0S~-

Februan be changed Mr was the most lar one thus far in the war to connl ~ ai it as {to re - trol prices. He said it was 10 "pre- 14 01 cent lower than the 1040 vent price spiraling and inflation a itd : kk us Thus another big industry comes | TOP, Pardue University's Agriculunder Government price regulation tural Department reported today. The list now includes secondary | A monthly review prepared in co-

aluminum, zinc, scrap iron, second- | operation with the U. S. Agricultural hand machine tools and, for the] Marketing Service anticipated a duration the current shutdown,!jo4) yield of 17 bushels an acre soft coal The estimated total production was| {10 per cent under both last year's] to jt | igure and the 1930- 39 average | The report said improvement in buying the prospects for the Hoosier wheat futures on crop appeared between last Dec. 1

Year ry shall

+99 SOI1 S

wheat were for

not crop move Ss 1 a total 9"

of Cl

» » x

CORN HAD BETTER laurels. There was so much and selling bean

look

Of SOV

the Chicago Board of Trade yester- 8nd April 1 after a winter season April

th with no extreme temperatures. The ye general deficiency of rainfall since off. |a month or two before seeding time, on [it explained, contributed to the pres1t's [ent abundant nitrate supply in the

that traders to trading is falling largest wheat. Wh bean pit was just is too small. | of soy nearly

day moved over corn pit where The corn pit the floor, next more, a large soy completed but already About 66,000,000 bushels beans were traded in March

is second

to Like 1230-31 Season t

“In general,” the report said, “weather conditions the past winter I 10.000.000 more than corn. Soy bean have been similar to those of the y traders sav the increase mayv be due winter of 1830-31, which preceded to the Government's stabilizing of {the highest per acre wheat yield on hog prices around $9 which boosts record. Jard prices, leaving more buyers for| Stocks of grains on cheaper soy bean products which were listed in the are in competition with lard. lows ¥ Corn—352,036.000 bushels, 38 per cent of last year's crop and 62 per cent as large as stocks were a year ago. Wheat-—4.221.000 bushels, cent of the 1940 crop, an carryover, Oats—14.985.000 bushels, 30 per of “feeder” or supply industries. .../cent of last year’s crop, or stocks K. T. Keller of Chrysler nearly twice as large as a year ago

President | believes automobile production, now | Rye Below Normal The condition of rye was reported

6000 a day at his plant, will fall by | summer because they will be mak- 85 per cent of normal or one point ing tanks nti-aircraft guns and above average, while pasture condibombers. . . Bernard S. Carter manager of J. P. Morgan's Paris branch, says there is a lot of money in France but no one is investing it -vervy much like this country In 1933 . President Guy W. CurtissWright admits his aircraft firm is “having a harvest now but the day of reckoning is coming. The company is preparing for the worst, and if it does not happen, the compan) will be that much better off.” asking for 6 increase in production, Agriculture Secretary Claude R. Wickard believes it ought to be profitable for farmers to have larger poultry flocks because feed costs are moderate and hecause the Government is putting a bottom of 22 cents a dozen on eges . Those [qh clin Loan 5% four steel submarine chasers being|Hook Drug Inc com built at Jeffersonville (at Jefferson- SAR A ville Boat & Machine Co.) will cost{ma & Mich Elec 7 pfd $2,548.900 all told. This company Ind Gen EA is a wholly-owned subsidiary of}; American Barge Line Co. majority |! control of which was bought today|;

{

1 i

Indiana farms review fol-

| ®

ODDS AND ENDS: Investment Bankers Association thinks the Government should confine its lending | to strictly defense plants, let bank-| ers do the lending to the thousands

14 per average |

* i

points below average Increased industrial activity review said, contributed in part a farm labor supply 72 per cent normal, lowest in 12 years, and demand of 94 per cent, highest poried in the same period

the | w of a

re- |

LOCAL ISSUES

Te e ol tions by the Indiar Corp. do not fering t

owing | I repre- | a 1 ir Heat * ¥ Y based on bu ng and selling qu recent transactions Stocks Agents Finance Co. Inc

| ti 1

ncoln Nat Life Ins com .... N Ind Pub Serv of Indiana the Chicago Federated |,So Ind G&L 18% pid American Loan 5s 46 HL | IA | Ind Assoc Tel Co 3%cs \ i J [ IS §

ndpls Gas Ind Hydro Elec In apls PRL I 1dpls P&L com Indpls Water 35% pid by F. Eberstadt & Co. from W. C.|Li . Kelly, founder and former principal {x md Pub Serv 6 owner Those advertisements of Ny Ind Pup Ser} : 2 Dt > TOSS nar x “Laugh at winter with Standard |p¥Serv Co of Ind 6 Red Crown” won for Standard Oil|Pub Serv Co of Ind 7 2 ~ Terre Haute Elec 6% Advertising Club's award for the|union Title Co com best national newspaper advertising | ¥an camp Nuk Sid : ~ i al 1 ) campaign created in Chicago last Ro year American Loan 8 $51 Consol Fin 8s 50 ] Citi zens, Ind Tel dls LA N N Home T& ayne (NY s | IN A WY | Crabb-Rernolds-Taylor 5s © |Home TXT Ft Wayne qo 43 Indpls P 31s © . Indpls Railway Inc § Indpls Water Co 315s JRokome Sate Works, Ss Bn y | Kuhner Packing Co 4'cs 43.. pl) Months to P-A-Y Morris 5 & 10 Stores 5s 50 .... SACKS BROS. ji OLDEST AUTO LOAN CO. IN INDIANA INDIANA AVE

Muncie Water Works 5s 65.... Rai Silk Sh y 5s ain, § Ind

| Richmond W ater Wks Ss 87.. {Trac Term Corp Ss 57 ‘et *Ex-dividend

306-308-310 {

HIGH PRICES fof GLASSES ww

ARE ECESSARY

WE MANUFACTURE ALL GLASSES WE SELL, SAVES YOU SEVERAL PROFITS No longer any "need to pay high prices for good glasses These quality ‘Gold-filled lasses complete with RIC jenses for FAR or NEAR VISION, all complete at lowest factory prices

FACTORY-TO-YOU

Deal with our local tact ory and save many dollars round on rescription hysician-Oculist

NEW LOW FACTORY

| PRICE

Save Middleman's Volume purchasing and single own ership of largest chain Ng optical stores in America save you the middisman’'s profit.

CASH OR CREDIT 15-DAY TRIAL—MONEY BACK GUARANTEE

WCET en

Open frase, . Dp a Sat,

wit The CHICAGO co

F Foaniei Brokers in 146 E. CHICA ST.

Profit

n es nce

of Licen ed

on a }

Diamonds, Watches, Musical Instruments. Cameras “'athing, Shotguns, Ete. JEWELRY

the State « Ine.

April April Apr

April

tural Marketing

Be dropped to $8.50 for good and choice | Bet h 200 to 210-pounders, although a few

1 op

tion was 72 per cent of normal, five Mediun

Slaughter Cattle & Vealers

i | Medium —

1100-1 iC Common

| C hotee. Nn

G Pd Choice

Gooa—

| Med uy

Canner

| Good and Com mon and choice Cull

| 800-1050 pounds

! Common

Goo

Good and choice—

THE INDIANAPOLIS TIMES

Getting Away to a New Lake Record

The ice is broken and the Great Lakes fleet has begun what is generally expected to be its busiest Long ore boats are heading toward Gary and Cleveland from the Lake Superior ports that ship Oil pipelined to Ohio lake ports is loaded for Canada—perhaps Engtanks, airplanes, anti-aircraft guns, it still Here a shipload is about to swing ont into the Detroit River and head

season, iron ore of the great Mesabi Range. land. And while the automobile industry starts turning out has capacity to make automobiles, Cleveland.

PORKER PRICES | CUT 25 CENTS

PRICE RANGE

Ton

for

N.Y. STOCKS

By UNITED PRESS ——

Net 3 . » Chapt DOW-JONES : Yesterday Week Ago Month Age Year Ago . . High (1941), High (1940),

STOCK AVERAGES « 118.60 40.01 119.68 —0.19 | 123.60 0.05 ‘" : . MLI5 —1.20] 133.59; Low, 117.66, 152.80; Low, 111.84. RAILROADS

High Low wy

Last

Adams Exp Allegh Lua Allied Chem .. | Allied Stores ... Allis-Chal Receints 41) can 2,500 Am Crys Sug 5466 Am & F Pw x m Ice pl 1.58 ¥ q,

1 LOCO Too

HOG

April 5 St Apri! April

April

WR. WA " 30.30 Low, 26.54 Low, 22.14.

15 UTILITIES

Yesterday Week Azo Month Ago Year Age High (1941), High (1M40),

Mach Metal Am Pwr & L P&L 6 pf P&L 5 pt Rad & S Roll Mill cv

& M

lp c fh BLS TG wm vet TS ae IG pr

10,2¢ 3.000 11.161 10,032 1,539 12,294

April 99.15

® ada

Am Am

32.6%;

il April

Am Am Sn Am S Am

—0. 07 -—i{}.09 + M16 -—(.23

Yesterday Week Ago Month Age | Year Ago . High (1941), High (150),

18.19 18.89 19.86 : 24.60 18.19, 18.03

16 13

Heavy receipts of 12.294 hogs at he Indianapolis stockyards today |! pulled prices as much as 25 cents ower than yesterday, the agricul- | Service reported AY One Sh Atl Refining . Hogs weighing less than 240 Atlas Corp rounds were down the full 25 cents | vhile those between 240 and 260 Bald Loco cf younds lost 5 to 15 cents. Heavier Bangor & Ai 10gs were unchanged. The top

Low, Low,

20.65; 26.45;

APW Dai Armour [ll Asso Dry Atchison

Gads

Net Change 8

8S = 13

J G3 FS pee Cd 5 C0 O00 Lv C5 db pee Ca on OO be 5 Ls RS PW Kw P

Bo rl > v C550 00 CY fn pe Ca le

Rem Rand | Republic Stl | Revn Met Revn Tob B Richfield Oil

Sears Skelly Socony Vacuum So Cal! Ed | South Pac { South Ry { South Ry pf Sparks With Sperry Corp Spiegel Inc S O Cal

Roebuck

Oil

Steel Stl 7 Bla Knox Bois Warner sold higher. Brown Shoe were steady with

lambs were slightly

1088S Vealers Fat

I dd “am aN AD

CIN a on OD IN re pt BS ND TS oe IO in

a $12 lower

a ou

» o

sh TD CAB 3 CD le Ty nd vr OO 00 QO C0 OO

HOGS

Barrows and Gilts 120- 140 pounds 140- 160

WES 3 a > CVT wd D0 CD UY me et BS 3

or or

Stew-War Stone & Web A Studebaker

"or 0 .

JY i C3 SO

po 0D » 5 te 0B 00 GB 00D Dd pe

Edison 26'2 94! 197s

Texas Corp Tex PC&O Timken R B | Transamerica

J dn CVE = bt OS

DODDS

yt 1G IY

Union Carb Un Aircraft Un Biscuit United Corp | United Cp Un El Coal Gas Imp ‘

und ei. . pouads ‘“

PB BBB NBO TV]

ty Inter rane Cc rucible

unds

PAY king Sows

0 Ww

£3 wt

Yt pt 0D Cg OB et 2

pf 8

® Aa

Edison

Kodak ; vs Auto-b lvwood Rubber Steel

30 Elec 5 Elec Boa 75 El Pw&L $7

tS ~~

21 Ti 8

nas

~~ has

00 pou 1

d ote Slaughter Pigs Follansbee and Good—

- 120 pounds

CATTLE

6800 g Gen Baking n 1874 130 103:

182 0,

10814 4

ib Air Bke i) West El 1 of Westvaco Westvaco pf... | Wheel Steel | Wilson & Co , | Woolworth

| Yellow

Ge ) im hel : Sobel 3 50 | Goodyear . - Greyhound Cp Gulf Mobile oh Gu M&Oh pf .

(Receipts

NBD Nr BDO D Pv ho A oan PEN

Indpls Pw&Lt Int Nickel . Int P&P Int RC Am pf

Zenith Rad d... Yn ™ 141,

U. STATEMENT

RT April 17 (U. PO Government expenses and receipts for the current fiscal year through April 15, compared with a year ago: This Year Last Year $9.432,943,239.77 $7.557.540,578.59

300- 1300 onde S 750- Hd pounds 300 pound Kinnev

Kresge S

-1100 pounds

Steers, Heifers

Libby MeN & LL 5 Lockhd Aircraft Loew's bof 0%" Loft, Inc

196 1, Expenses

00a 11.00

12.00

Receipts .. 5,562,914,742.74 4,588 ,868.620.48 500- 350 pounds Gross Def.. 3,870,028,497.03 2,968,671.958.11 ew TE . | Net Def .. 3,824015,647.03 2,893,015,458.11 Maytag 1 {Cash Bal . 2,194,443 425.35 2,365,701,958.16 McKeesport Work Bal. . 1,449.280,618.95 1,644,589 545.02 [email protected] Pub Debt. 48 166,404,137.75 42,597,259,559.62 Gold Res. 22.420,145,917.62 18,595,758,246.11 [email protected] Customs 286,876,342.03 281,389,445.66 50@ 10.00

N@ 8.50

750- 900 pounds

¥50- 300 pounds

30 0- 200 pounds INDIANAPOLIS CLEARING

8 Clearings Debits

HOUSE § 4,591,000

ron

0- 900 pounds

AG pt pot J fot yt BS et bt

eu. DBS nE 8 a BNE EE

nom mg BONDS Bt

LOCAL PRODUCE

Heavy breed colored hens, 15¢: No. colored hens, 12¢; Leghorn hen, Leghorn hens. 9c: broilers, 3 lbs, over, 19¢; White and Barred Rocks, colored breeds, 18c¢c; cooks, 7c

Eggs, 18c Butter—No 35 @38¢; No. 2. 33%

34c; brtterfat—No. 1, Jie; 1 2 {Farm pickup prices quoted by “he ‘Wadley Co

_— JEWELRY

it AS MARKET ST. Kan SIZES to 48 STOUT TNOUSANDS

TO SELECT (ALA 0) LLEL IM

36 E. WASHINGTON ST.

1G Cd WD OIINS Put

bt 1.5 63 ot DDD NI mf of 505 ros

um utter hand common

Buns (Yearlings excluded)

and 19¢;

1 @

13 Gd

ter and common . Vealers glodied

Parad Sema

GSN

DY on DOD wd UD NH BPO CD

pf 53

" Pere Mqt pr Pet Corp Am Phe

-n

Feeder and Stocker Cattle (Receipts, 342)

3s Pe al Tel ot Pub Serv Pub Serv Pub Ser

A. » 0

C00: 800 rounds 800-1050 pounas

1 103

fr)

0 103 300- £00 pounds Radio Medium 300-1000 pounds

500- 200 pounds Calves

and ehoice— 500 pounds down Medium-- i 500 pounds down N Calves theifers)

(steers) [email protected]% 2.50@ 10.75

500 pounds down [email protected] | Medium-—

500 pounds down .. [email protected] SHEEP, LAMBS (Receipts, 1310) Lambs

ELINED EPAIRED Women's

EFITTED | “ciotnes LEON IAmORING co.

235 Mass. Ave. Formal Dresses For Drill Teams and Lodge Work. Sizes 9 to 44,

MILLER WOHL CO.

45 E. Wash. RI-2230

And

and choice and good

Good Medium Common

UL)

Ewes (wooled)

| Good and choice Common and medium

FOOD PRICES

Sago, April 17 (U. P.).—Tomasatoes lugs, $3@4¢.15. Spinach—Texas Caulifiower California SC 1.85. Carrots—California 35. Lettuce—Arizona crates, Sweet Potatoes—Tennessee | .40. Onions (3011b. sacks)— lows, [email protected]; Wisconsin yee]

Guaranteed

WATCH REPAIRING DONE BY EXPERTS

H. H. Mayer, Ine. 42 W. Washington

bu. — crates, crates, $ [email protected] 2 EY Sok ad Michigt

C. $1.65 2@2 4

| i i

*| Industrial

“|over February and a 25.1 per cent

. |gaining 13.7 per cent over February.

2| filed were the second lowest for any |

12,856,000

21 12¢; No. 2|

THURSDAY,

APRIL 17, 1941

DEFENSE LIFTS BUSINESS HERE

‘Employment Gain Is Biggest In Heavy Goods Plants, C. of C. Reports.

Defense contracts in Indianapolis thave boosted March employment in (heavy goods industries by 71.4 per cent and payrolls by 111.2 per cent over March a year ago, the Indianapolis Chamber of Commerce Business Review reported today. That the increases were due in large part to the defense program was indicated by the report that the increase in employment and payrolls |

Bureau reported today.

Planting of early gardens, truck

Rains have furnished enough

grains are making fair growth and most part.

is still very dry, the Bureau said.

Plowing on Indiana Farms Making Excellent Progress

Excellent progress is being made in getting Indiana farms ready for planting of corn and soy beans, the Indianapolis Weather

The weather in the past week has been very favorable also for finishing the seeding of oats and for hot bed and cold frame work.

finished in southern sections of the state, the Bureau said ture has been good for growthof vegetation. Wheat and other winter Planting of sugar beets has begun in northeastern sections and tobacco plants in southern Indiana are up although still small

Early tree fruits are showing heavy bloom in many southern areas with no apparent damage from last winter's cold spells.

crops and potatoes is practically moisture so the higher tempera-

reported in good condition for the

The subsoil

in consumers goods amounted only | to 2 and 5.6 per cent respectively for | the same period. The 63 heavy goods plans eporL| ing to the Indiana Employm curity Division also led "oi for March over February, with in-| creases of 5.4 per cent in employ ment | and 9.6 per cent in payrolls.

PLAN TOUR OF LOCAL PLANTS

Chemists to Open Student Meeting Tomorrow; Speakers Listed.

Inspection trips through several

Clearings Greater

The non-durable goods group advanced employment 1 per cent and | payrolls 2.3 per cent in this period. For the whole group of 149 manufacturers reporting, employment increased 3.6 per cent and payrolls 7.1 per cent in March over February. |of Indianapolis’ industrial and The Review stated that retail |chemical plants will be a feature of | trade employment advanced 5.8 per| {the 10th biennial student meeting {cent and payrolls 4 per cent over the | |of the Indiana Section, American preceding month, and 4.3 per cent|Chemical Society, tomorrow and and 4.4 per cent respectively over Saturday. The Society's head-| | March, 1940, |

Bank clearings were 16.1 per cent where members will also be above February and 14.9 per above a year ago, and bank debits Norman gained 20.2 per cent and 22.8 per Canada. cent in the respective periods. These Water Works Association, will speak |

shown |

J. Howard,

|figures represent the third highest to the students tomorrow evening |

totals in 10 years, being exceeded on {only by the January high and the Purification.’ | December total. | At luncheon Saturday noon, H. !V. Churchill of the Aluminum Co. d 203 ©f America, will address the mem{bers of “What Industry Expects off t h e Chemistry Graduate.”

Carloadings Increase Inbound carloadings increase per cent over February and 23 per cent over a year ago, and outbound | |carloadings gained 22.2 per cent and | 14.5 per cent respectively. The for- | mer were the highest since March, (1937, and the latter highest since | | January, 1940, gas consumption set another new high with a slight gain

in the morning with E. F. Degering of “Laboratory Gadgets. James W. Meek is chairman of the committee. A. A. Ross is in| charge of arrangements and dance; R. E. Lewis will arrange the inspection trips; E. H. Niles will head

”

increase over a year ago. Electric]

| gues ager of publicity; Neil Kershaw is/| in charge of finance:

STOCKS IRREGULAR IN QUIET TRADING

NEW YORK, April 17 (U, P.)— Stocks moved irregularly in quiet

ltion for March was $1,317,820. This| trading on the stock market today. was 27.8 per cent less than the| Railroad issues were firm on bet-

February total (which was the high- | '6r than anticipated car loadings lest since the 12-year record figure | flsures. Steels were forced down lof last October). {more than a point in the leaders | Relief rolls and expenditures by | learly in the session on Government

{both Center Township and W. P. action in freezing prices, but they | showed marked declines from a “hi (rallied from the lows in the early lago. Job insurance benefit claims afternoon. . Wall Street traders continued ‘month since the beginning of the Cautious on the war news. Domestic 'benefit payments in April, 1938. |business news continued favorable. . | Dow- Jones estimated steel opera-|

IDAILY PRICE INDEX |tions at 98 per cent of capacity.

| power consumption increased 3.9 per cent over February and 19.6 per cent lover March, 1940. | All Utilities Gain {| The utilities—telephone, water ac{counts, street car passengers, and gas meters—all showed increases | {for both the monthly and yearly | | periods with street car passengers

The total building permit valua- |

‘| NEW YORK, april 17 (U. P). — FOREIGN EXCHANGE|@

rates on major Cable Rates Net Chg. $4.01 4 88% 3e3 0505

& 2 e noon cable

“es

—.0001

ase tessa rae

{Dun & Bradstreet's daily weighted | |price index of 30 basic commodities, | \"8 compiled for United Press (1930-32 England (pound) average equals 100): : |Gaiinea (itanc) | Yesterday 129.67 [1taly (lira } (Week Ago 129.44 | Giba tpesor : lan { * Month Ago 127.75 [Switzerland (franc) | Year Ago 121.40 |S¥eden (krona) vie Caner (Fe) 11941 High (April 12) 129.76 | Mexico xo Jon Low (Feb. 17) 123.03 |,

0002

icens

When it's an

When you’re completely refreshed, you're ready to go. Everybody welcomes the happy after-sense of complete refreshment

BUSINESS EDUCATION Strong Accounting, Bookkeeping, Stenographio and Secretarial courses, Day ald evening sessions. Lincoln 8237. Fred Case. vrinci

Central Business College

Architects and Builders Buiding Pennsylvania & Vermont Sts, ple,

“RUPTURE

The NEW DOBBS TRUSS Is Bulbless, Strapless, Beltless

It holds like the hand, touching

SAY IT WITH FLOWERS

From Allied Florist Association

of Indiana

the

which ice-cold Coca-Cola always brings. So when you pause throughout the day, make it the pause that refreshes with ice-

cold Coca-Cola.

body in only :wo places, can be put A seconds. Does not strug sure br men, women and Recommended by doctors Fitted by Factory Trained

GUARANTEED

¥ 7.000402 | (EAs 7) uy

OUTFITTERS (0 MEN. WOMEN and CHILDREN

Livingetons THE MODERN CREDIT STORE

129 W. Wash. 5505s te

everywhere fitter.

Haag Drug Co.

57 Monument Circle, MA-1124

Circle Tower Bldg. |

LOW PRICES

LER 14

quarters will be the Severin Hotel, | ment

cent three films on industrial chemistry. | ments for the

“Advances of Chemical Water |can._controlled until the loan

{taculty symposium will be conducted |

Purdue University speaking yd

t reception; S. M. Cash is man- |

w RK, April 17 (U. P.).—Follow- |early. Feo § cur- | head’ good to choice 7T0-lb.

1.0002 | . . 188.2 -+.00001 3

20 “Transferable only under U. 8. T: re

British Company Given RFC Loan

WASHINGTON, April 17 (U, P).

| —Federal Loan Administrator Jesse |H. Jones

yesterday announced a $40,000,000 loan to a subsidiary of the British-American Tobacco Co. in a transaction which would make $25,000,000 in cash available to the British Government for purchases in this country. The loan will be made to Brown & Williamson Tobacco Corp., Louise ville, Ky., a wholly-owned subsidiary of the British-American firm, “The loan is made in line with the policy of the Federal Govern» to require the liquidation of | British-owned American investpurpose of providing

Toronto, | funds for the purchase of supplies president of the American|in this country,’

* Mr. Jones said, Mr. Jones said the transaction would make Brown & Williamson Amerie is ree

| paid. He added that no other sime

{ilar deals are contemplated at prese lent,

3 SOY BEANS GAIN BUT ‘OTHER GRAINS DROP

CHICAGO, April 17 (U, Pp). | Slightly lower prices prevailed Mh [the wheat market on the Board of | Trade today. Other grains trended fractionally lower. Soy beans dis= played a firm tone. | At the end of the first hour wheat (W as unchanged to off ic, May 913ze, {Corn was off 1s to 3sc; oats off 4 to 3zc; rye off 's to Jc, and soy beans up ‘s to lec,

end

WAGON WHEAT

Up to the close of the Chicage market today, Indianapolis flour mills and grain elevators paid 84c per bushel for No. 2 red wheat (other grades on their merit) ang paid 66c per bushel for shelled new No. | yellow corn: No. 2 white shelled Fey 0c; No. 2 white oats, 33c.

r NY OTHER LIVESTOCK CINCINNATI, April 17 (U. P.).—Hogs— Receipts, 3200. Bidding generally 30 cents lower, or from $8.50 down; most hogs of=fered 15 cents lower from $8.65 down; talking 25 cenis lower on packing sows, from [email protected] Cattle— Receipts, 250 rather active and steady ers dull; bulls easier. Several lots me=dium and good steers and heifers, $9@ 3 50, with 625-1b. mixtures at outside and 90-1b., $10.25; steers and heifers, 745 1bs., 1510: cutter steers and heifers down to $7. 50: cuiter cows, [email protected]; strong weight | canners. $6.50; good and choice vealers, Sb0@i1 50; common to medium, $7.50

8 een — Receipts, 100. Little on sale Around steady on all classes. Odd spring lambs, $12; choice 50-60-1b. as high as $14; wooled medium lambs, $110-lbs., $9.50.

FT. WAYNE, April 17 (U. P.).— 5 cents lower; 200-220 ibs., § : 1805 S., $8. 30; 160-180 lbs., 40 Ibs., 2 1bs., $7.95; 260- 280 1bs., : 300-350 Ibs. ’ 150-160 1bs., 130-140 lbs., 100-120 lbs. $5.75: calves, “sio. S0@ 10.7 5

Calves—300. Cows steers and heif-

1bs., 1bs., $7. st lambs,

ooo

comand =n

ga ~3=~1=d3”

$11; fed

Western

uphill pull

... pause and

TRADE-MARK

. Delicious and y Refreshing I

YOU TASTE ITS QUALITY

’

BOTTLED UNDER AUTHORITY OF THE COCA-COLA COMPANY BY

COCA-COLA BOTTLING CO, Indianapolis, Ine.

——