Indianapolis Times, Indianapolis, Marion County, 21 April 1941 — Page 7

MONDAY, APRIL 21, 1041

BUSINESS

Income of Indiana Farmers Increased 11 Per Cent in 1940 to $306,000,000

———i By ROGER BUDROW

INCOME OF INDIANA'S 200,000 FARMERS last year was 11 per cent higher than the year before—a gain better than that made by any other state in this east north central region. The cash total was £306,725,000, according to Agriculture Department figures, It probably isn't news but corn is still king of Hoosier | crops by a long wav—a 22 million dollars crop. Wheat is next | at 141% million dollars. Raising vegetables is a 1014 million |

dollar industry.

Most of ‘the Hoosier money comes from selling livestock, or livestock products. Last year he| received 200°: million dollars from this source. Crops alone brought

MOS,

U, S. TO APPLY

Top Is Boosted to $8.65

PRICES ON HOGS ADVANCE HERE

By 10 to 15-Cent Gains; 10.425 Received.

HOG PRICE RANGE

Top Receipts April § (.iicciiiiiiiiini SBS 128 Apr 18 oicciiiiinas Cees B00 0: ree BH Cliiiiiiiiiiiiiiii Se 10.200 April 12 (Loe ‘eiascies BS 8.000 [Apri BE oceliiiiianiiiign oo RDS 118 Ah 18 Lceteniiiiiiiiiiee AW 18.082 18 (liiiiiiiiintiinei 8D 1.5% Aphit BE cocciciiisieiieies BBD 2884 April IR. iiiiiiinniiiee B50 1 [April 19 Cintitiiiinctinies B38 1.500 [APPR $1 (oooiciiiiiiiiiiin oN 10.4%

prices rose 10 to 15 cents at indepen: stockyards today, life ling the top to $8.65 the Agricultural Marketing Service reported.

Armam

4

MEEKER Sales Agency 2503 Roosevelt C 2005

THE INDIANAPOLIS TIMES ent Prog ram

PAGE 7

Blores in naca Top Cities : =

i 2

STOCKS’ YIELD AT 7.2 PER GENT

War Babies Shov Showing Most Improvement Over ’40, Exchange Says.

NEW YORK, April 21 (U. P.).— Dividend-paying common stocks listed on the New York Stock Exchange are yielding an average of 7.2 per cent annually on the basis of current prices and 1940 dividends, according to a survey published in The Exchange, official organ of the market. A total of 577 common stocks paid dividends last year, the magazine said, of which 289 paid dividends ranging from 7.2 per cent to more than 12 per cent, while 288 showed a return of less than 12 per cent, Indicating the relatively high return available in listed cammon

ve 1 in 74% million dollars while Gov- | Cts Ne Og re stocks, the Exchange cited 50 repre~ ernment payments amounted to ‘while hoge weighing 180 pounds or sentative issues, each of which has 22': million dollars g poungs ald dividends in each of the past : al less rose 15. cents. The top was p : : There hasnt been any big in-| pad ¢ on good and choice 200 to 210-| 10 years and which are now yielding eréase or decrease in the number 6 per cent or Lee aay 1mbi roadcastin an o : gis hh Buying of Farm Products" v Cpa were 50 cents lower with is. B vicki of 8 per cent ownership fur. w & 8) OP a, arketing veryicé each, led the list, followed by Island Se al Now Under Way to [reported 1572 salable cattle were Creek Coal. 103 per cent, and ne Te | received, 588 calves, 10.425 hogs and ARE i teamshi d thiee vears. An Halt Increase 1707 sh American Hawaiian Steamship an average of 10! ; one. Beneficial Industrial Loan, 9.5 per x out of N hr Et cen ve Ty ious SWaSHINGION, Roel 0 5 4 HOGS Shipbuilding Profitable change owner- —QGovernment economists, wate ne : Barrows and a. nm The magazine pointed out that ship during 8 rising commodity prices, were ready : EN IRE $8 M2 light combat tanks for U. 8, Army roll out of American Car Wright Aeronautical Corp. of Paterson, N. J, achieved record out- | total disbursements on listed comyear in this today to apply “brakes” if the re-| 1 S338 390) and Foundry Ce. at Berwick, Pa. pl plant formerly made subway | put for March by producing Cyclone and Wright airplane engines total- | mon stocks never fell below $1. state. One thing cent trend continues to boost living! 3 HH SR A ou i 000- h H t et ! thes k Kk 000,000,000 in the worst depression state. © s 30@ 3.85 r. He rr m \ was noticeable io : 1 ta aS, ov has ’ contract for $10,000,000 worth of 4! worth of these tough ables, cl ne Jas Jehurse yout Mase list years and amounted to more hist w- AL, | 2%0- ‘ 00 in four of the pas Roger Budrow Jeet ya how The Department of Agriculture's We tite in |B Se P was that fewer Bureau of Agrienltural Economics, UTILITY FIRMS N. Y. S / 0 K S Commenting on earnings prosfarms were lost through fore. Government “watch dog” of prices, | | kine Sows Ne 3.30 pects for listed issues, the magazine closure of mortgages and bank- gitributed price rises to “speculative | good and Choiee— BY UNITED PRESS {ey A IE as ne ie n pr Goes have WERIVIRY WHE SRudiied wns} the ae 3 Bounds : 1% T0 INTEGRATE High low Last Change DPOW-JONES STOCK AVERAGES ON WAR NEWS the most pronounced improvement Pin ee : of increase would not be maintained. | Bounds 1.90) A 30 INDUSTRIALS i st year, are following the same very recent figures on farm debt | : wi |Saturd 18 0.18 | ® § but on Jan. 1. 1840, indiana farm-| Principal Government weapons i ey oleate in Tape. 41h Jt BH Leh ARB crrertaerrenes HEED 009] | rend Joe. hinery, shi ers owed $198996000 in mortgage for control of prices are the Defense) se 30s Hvamen 4 us Am Bx Note BE: Hur Ha 7B mem AEG vue iorearireease: HHESD 0 : ¢ a I oy debt. It was $201480.000 the Year| commission's price control division | 380. B00 pounds ........... +e North American " Light ANG A arr "TI IIR, IIH 210 Re ARE so een araatrerier? aan ost Stee Operations Lowest walling, sted), jron SH EK ae before. under Leon Henderson and the) Stanghter Pigs | RM Loco oi miu Hu Hu ote Man 08a), 13135; Law, 116.13, In 1 Months D BT ge are f Sus Agriculture Departments Surplus! MR Re ahd Goed— sete 40) Power to Sell Gas Am Bed Li. i 1 IW ue High (1910), 132.80: Low, 11084. n Iwo vonitns vue DO 1040. ons ihe basis of corporate STOCK TRADERS, at least 8 pparketing Administration. a or ‘ |Am Rad & 88 8. 6 | RAILROADS : 8 CATTLE Hold [Am Roll Mill pf, a “82% 82a RIRMIUIAY ooo oo iiier irene MIT —008 To Coal Shutdown reports issued to date by 635 com good many, were prepared for th®/ ‘he pepartment is buying heavily | 0 oe [Am 1 of 1380 108 88 [VIE ARS «co vurscesasearses WOE 0.13 ’ . panies with stocks listed on the Exbig news in the automobile Industiv| jn the market to support [AFM sluehter Cattle & Vealers (Receipts, 1874) | > ; | Am EE Li y+ i "| Manth Are Lon cess 2/02 010 > . 0 change. last week. Such news as the 20 jpjces and to accumulate reserves Sates . | NEW YORK. April 21 (U. P).—|am Woolen fh fa 8% | ear Age i aes 00s) NEW YORK, April 21 (U. P)—| "a Bite caven shipbuilding firms per cent reduction in auto oUtbut| which can either be sent to Great ChoeeL, _... 812.006 13.28 | North American Light | « Power Co. | Afar pel of 110 110 110 | High (1901), 90.13; Law, 26.54, [Stocks receded to new lows since|,. ing for 1941, six showed a beginning Aug. 1. and General Britain or put back on the market 1 ARES Coliiiee.... 12.00 a 25 will sell its 35 per cent interest in | Armour $F... GC AT a | High (1000), 32.6%: Lew, 2014 | June 11 today on unfavorable inter- profit, and the combined earnings Motors’ decision not to change 183 15 check anv speculative price LIR-LR Bounds ............. RE 33 Northern Natural Gas Co. as an Atchison ...... 2: 332 Bh vl 15 UTILITIES pretation of the war situation. of the group, less losses, amounted models had been anticipated by boom. - 5 ' " y au initial step in the integration of its | Atl C Line 1812 182 18'2 la [Saturday Chest tEtrEt ERE 181% +005 | Most losses were small. Steels to $14,359, 192. or 154.2 per cent stock traders who have been ligui-| It seeks to establish a “Chicago 30- 900 pounds ...iiiiieinns 183881309 | properties under the Public utility | Atte Ron ‘ a 3: " s [Week Ago ..oiiiiiiiiiiniens Jae ==. | turned weak and leading automobile | ore than in 1939. dating auto shares since last fall, basis” price of $8 a hundred for pj DOUNGE ............. 100091118 Holding Company Act, it was le [exec Ave ceVicveiie svete 155 _ op | ShATES, many utilities and numerous | All six reporting farm machinery. selling & good many short and hogs, 31 cents a pound for butter, 1 1s PHU cocoate [email protected] announced here today. Bath Ir Whe... 200 200 M0 Wieh (1041), 20.65: Low, iss. [other issues made new lows for the companies (making a wide variety hedging against long positions. 1S cents a pound for chickens and 1188 vou nee on 83521025) The proposed deal will coincide Bela Hem 0 Te ZN] ian (1048), 3043: Tew, 1808, year. of war equipment in addition to General Motors stock it down $20 22 cents a doren for eggs Farm |! pounds Lois $I8@1000| with the sale by United Light & Bend Ind Loan. 18's 13 ji © Ho | Losses of a point and more were | agricultural implements) showed a from the highest in 1960 and prices would be lower by Sistine Crgimen- pounle «..iiiiiiia 200@ 875 Power Co. of its similar investment | Bon, Ami 8... a 4 43 — 0 net | Doted in Allied Chemical, Bethlehem profit of 1940. Their aggregate of Chrysler is off £33. and handling costs, Steers, Heifers | in Northern Natural Gas. Naini : 8 +h HH Ahi High Low Last Change Steel, Homestake Mining, Howe $46,582,311 was 107.7 per cent higher £ & & Farm prices now are at the high- age RE oid 1190@1200| United Light has arranged with | | Bruns-Baike 200, 20%, 0% ~— “| tjos. : _ | Sound and Inland Steel. Most rec- | than in 1939. ODDS AND ENDS: New York Stock est level since outbreak of the war. 4 a waghqetubents the investment banking firm of — | Bivens BAP i s An 6 Rt oghized leaders yielded fractionally. Ity Firms I Exchange won't foot the bill for the They are 8 per cent above a vear| so. TSO pounds iii 10.00@ 11.00 | Blyth & Co. to prepare its block Of Can Pacifie .... 3: 3 2, Un Biscuit pf.. 110 110 110 - i | Steel operations fell to 96 per cent Realty Firms Lose “Brokers school” it has maintained ago and 18 per cent above two years) cher Belture | Northern Natural Gas stock for a Seithes £5, he'd * 38" 3%" led SOB jets 1a%e 1a da |Of capacity, lowest in more thantwo| In the aviation group, 14 of 15 since 1822 because attendance is go- ago, but 18 per or lower than Re oe POUREE «u.it ss eres 11.00@1L TS | publie offering. It is expected that | | Chie & uw A \ FN 3 he y | United Dru 3% 3% 3% "| months. This was ascribed entirely | yeporting companies had a profit ing down, expenses up. . U. 8. [In the spring of X ¥ | Good NB "0 Bounds 16.008 11.66 the offering will be registered with [gai a Aik “die a8 ag "| Os ean oh fs fa (to the soft coal shutdown, which for last year, and the group's comsugar beet and sugar cane growers _—_—— | Mes Ate (ah0teubecetie | the Securities & Exchange Commis- |S} sreadtast 4 te 11% 11% ‘a(U 8 Realty .... 1a 1» la \was said to be threatening complete | hined earnings of $69,312,242 were who wanted to increase production | iF “0 pounAR Linnie rso@i0 on sion before May 7, since utility is= Som mv Tr... 30% 30% 30% 1/0 8 Steel i ni 501s 30% : | stoppage of the steel industry in the | yp 96.6 per cent, while 35 of 36 iron, on the ground there would be su- | Soe E00 bounds t.s0@ sol Sues registered after that date will|Qomwith Bd .. 201 30a 2%a — a iUn Stores A... a Se == i$) C distant future. steel and coke companies reported oe po CoRLLLARbRAG See | So ireraft 23% 23, 2, = ui N Cc Cc I S I 3 gar shortage have been turned down i Cem be subject to competitive bidding. | ons Sopprnms 8 s 5... 0 se ecm———————— profits, the aggregate of $263,375,735 b feulty Depart \ A 9.95@ 9.00) Cons v. 19% 19% 195k + Ma|{Va-Care Ch ..\ 1'2 1% 1% he 10 is by Agricu we. TR hl HERE TOMORROW Good LereiLbbLbRlLALLLS IRg 190 SU Cont Bak Na ote ote oie -— | —We oppng 1939 os 87.3 per cent, own payment © OOO, s Cutter and common “a 8 $.28 | 3 ‘o 13a loa 13% : ' t gio — 3 i AT In the railroad group 35 of 44 been made by the American under- Camber s.00@ 600) LOCAL ISSUES [Gin Fred 80% ah dw — %NEWoaw Bi Bu Mi . Pamala tg i writers who bought the $10000000 yy Jeffersonian, the Pennsyl- | tiger att (ollowing Suotatiens br the dian. | Quit Wee's: 4 4 ot oe Be pt 101s 03 10307 — | the black.” The 44 roads’ combined British-owned American Viscose vania Railroad's new streamlined Beet— (Yeariings excluded) ro) actual price of offerings, but | Crosley Corn .. §': 5a 5 «ein | West Yhion Hi A 13% J : DIP CENT A BUSHEL carvines of $205.664.465 were up Corp. The actual price thev will - indicate the approximate market level a BO nL 4° : i . p h the in coach train which wil] begin serv sites ‘eheie iii B00 650) lt ah buying and selling quotations of n Wilson & Co Ay x 4 (843 per cent. pay depends oh how much they Will joe nefween the Middle West and s t s s Davepa Sirs 3 3 3 18) ida op CHICA rill 21 QU Y. In the dollar volume, utilities realize when they resell new se- jee pe re Sunday will be on Sead ese ‘Re aa recent tran: ous. Bid fige Dane Mines 18% 18% 18% 4 “CHICAGO LIVESTOCK | wo GD: 3p ot it ” made the best SOWA willy 23 oo cutities of the corporation to the echibition At the Union Station] OVIEr and common ........ 830@ Tse) Agents Finance Co. Ine, com. Ta © lisa | Trade dropped about 1 cent a|reporting firms showing profits toAmerican public. | Federal offi- here from 7 to 10 p. Mm. tomorrow ood ahd thos Yestere * mg on BERRA SE Tas Me. pid 8 8 Fo enn Bn a 3 to peach: 0 hn nei: te The $8000 | bushel in early dealings today.. Soy taling $493,101.419, or 4.9 per cent cials tried to stop Fred MeDuft of Providing service between here, commen’ BIE CRIB. soa iN 9.50 | Relt RR & Stk Yds pfd..... 3 | ee Auto-l /te WL, 28, a B80. top 8 80. 240- 10 Ibs, 38 40@8 65, 65 | beans slumped as much as 2 cents| more than in 1939. Seminole, OKla., In his campaigh 10 New York: Philadelphia, Baltimore | CY Feed aq Cattle an | Commit Loan $6 pra” oa a | ng ub & ; lg eI Skee oo S3e- I weighs, TROIS lighter | per bushel while other grains lost| Land and realty companies were give scrap iron for munitions (they | yng Washington, the new deluxe) " nt Sucker BT Sy Hook Drug Ine com w Eng 7 andes TE Ta, itn | wed Be i a 0s, fen lamb fade |STOUNA With the bread cereal, | the only group to show an over-all said it would cause Sgt price train will be able to steam from Home Askar Ta Go 08 pid pd A iby | Brseell-o Cerin. 24% MM 24% — 3%! opening slow, largely hecause of liberal | At the end of the first hour, | net loss for the year. Two of the fluctuatons in scrap mar UL here to New York City in 18 hours 0 800 nls coooos verees 10.25€R11.00 a x Mich Elee 7% pid. ...109 iy i. . { Supply and sharply lower packer Some | wheat was off % to 1 cent, May| four reporting companies earned McDuff disagreed, plans to press fla¢ The western terminus of the $90-1050 pounas ..iiilt iene 1028 a iy Gen Serv 6% ps 100. |Fairbanke ot 4 4 4 + N tor est fed teresis talking around $10.50 | potoe. Corn was off Mc: oats off % | net profits for 1940. but the group's campaign harder. About 4900 run will be St. Louis and the Jef-| 500 800 pounds ..... sie #1035! Ind Hydro Blec 7 pf ‘Sh lroner mo 3 BB BR = Wun 0 30a and SHEE ane. ile Jone | to ‘uc; rye 5% to lc, and soy beans combined result was a deficit of persons filed work applications with | fersonian will afford passengers a | 0.108 1050 POURS «vvvevereraes [email protected]| Indpls P&L 5% pla 116% | . ; tL rey EliDaed, 38 off 1 to 1'%e, | $199,487. the local Employment Security Di- 20-hour 15-minute trip from there | Fn 1000 ) pounds CLhiLLvt ties 2754 9.50 | jody nN HL qm td te | Gen Electr 34% oe. : obs Cattle — Receipts, 12,000; calves, 800: | Wheat started fractionally lower| ———————————————————— vik x Anil Common the . | Linton Net Life Ins "$i | n ettrie oo 20a Vea Wha aie yearlings and light steers weak t 250 | he. : vicion between March 15 and April to New York. OR pounds s@ 818) RUoln Nat Life Ins com ... 36% 31% Gen Motor Wis Wa Ma ooo flower; medium weights and weighty bul land then extended losses later LOCAL PRODUCE h ’ Mivh bin BE | 0 Abbi adi abd aabitnid buat al TOY WU PDOUNAEGR Lcivsnniiean « 58 al Ser 2% wi 3 y i ; % vy bo i, ks 9 A : : + 15. when there was a drive to get Another new streamlined train, a Calves (steers) [N Ind Pub Serv 87. pid... .101'> 104': [Gen Riv & U. % 8% . —ia16 jocks, 8c down with very aon ers | under liquidating sales through 4 workers with defense skills part of the New York Central Sve-!aoe. and shotce— N md Pub Serv Tr. pid Hot: 13, Gen Tel 18% 18% la, | 95400 lower: general killing auality less | commission houses and pressure | Heavy breed colored hens. 16¢: No. 2 bn - tem, will be previewed by Indianc| 308 ooinds Gown coo 1030@ass RFE Laundry am RTI, (ol RTD desirable than week age, mediim to £o0d | from professionals. Resting dle |foiored hens, Lic: Leghorn Hens” ie: No, BUSINESS AT A GLANCE apolit citizen until 11:30 p. Mm. t0- | “Son pounds down .. 8 50@ 10.78 0g Berv Cn of Ind 7 pid . 1181; 121s Grevhound Cp. 10% 10% 10% = !a row on steers sealing over 1300 ihe: best mand checked the decline. Weak- [over © 20. White and aBrred Rocks, 20c; night in the Union Station | Calves (heifers) a Haute Elec ‘of “td 9 108 fle aBone S13. hi i Slee sa 2H 50. | ness in soy beans and lard were | Rees i hes foneks, Ye Ry UNITED PRESS It ix the Jame: Whitcomb Riley, Geof and choice | Onion_Title Co com ‘ofl ox Here Bay . 8% 87 87 — ', no big weights and relatively few 1200- | factors on the downside.” Butter—No. 1, 38!3 @3hc; No. 2 340 $00 dr d Van Camp Mik ptd 87 Houd-Her B 10! jo ' 3 00-1h, st 1d. heifers steady to weak, 34! Butterfat—N X 3. 20¢ American Agricultural Chemical named, of course, after the beloved \jo8 fRInas GOWR .ooey Rect NO Yon Camp Mik fom iii 1H . yn hett early. $10. Beef cows shade lower! IV DDIFE INT I aN Lei vs He ads Co. Delaware) 8 months ended Hoosier poet. ; a nes MORR .......h.... 8.001000] Mond bis ut Md et canners and cutters steady to weak; one DAILY PRICE INDE? {ley Co.) : & . ssh s w v April 3 net profit $153,207 vs. net loss ———————————— SHEEP, LAMBS (Receipts, 1707) | Ametican Loan 8 sects 8 108 © Int Retveater .. 44 o MH hg cals are $31 down with lignt| NEW YORK, April 21 (U. P).—| $104088 year earlie: | FOOD PRICES LARS | Soh American Loan Ss Me cies: 100 108 |Int Hvd 1 1 1 dairy bred £10 down to $8.50, about steady Dun & Bradstreet's daily weighted * Need a LOAN a ; b 01 Fin, 58 30 ......i unc. 99 10% |Itn Niek 83, 28% 53 ok: light stock cattle | : American Machine & Metals, Inc. Od ANE CHOW .......... 10.406 10.85 | Stirs Ind Tel 4%s 61 ..... 103 108 int B§ y Ri A 3 IB 12 ew: Veiahty ors 2 o lower. 3 price index of 30 basic commodi-| 12 weeks ended March 22 net profit MERAH April 0 | A jes Medium and good. ....... rie 13 10 3 Ei alia) Warne Shs +102 18 . T&T ..... 2% 24 1 a | es ties, compiled for United Fre On Your Home? £107.385 va: net loss $18,476 year ago. NLChigan Jonailans. A HY W Col Home 1 TRT Wayne 6s 43.102 108 lf | L (1930-32 average equals 100): Atlantic Refining Ceo. and subsidi- i Shes RL Ny Ree | | Good and Weel .. ul ft ge Tel Co 3h «70 ...00 100 I Jock xhd Aircraft 1 yi oh w| OTHER. 1VESTOCK Saturday ........ vessssres 2.129 ol Consult Usit} Q ns s--Calitornia | UO0U ANA CHOICE... vivian cue 308% J06LG LOR, INE ...... % : . 1 ge 4 aries March quarter preliminary get ONS SUS ®. Lettuce “Atizona, | Common ane mediim ‘ih iie Nes ® maps Railway Ine 5 oT (hats 1. Jot 19% 18% + 105% cents higher: 300- 220 lbs. $8.50; BE: | WEBR REO ..vevnemveersnisses 120.65] TURNE profit $2T48000 equal to 98 cents a crates, Nh gure Sianake oN a a JS valet Go us 08 ITO 1 1 1H, M Ma | 200 ot. S80; LEI 180 ibs. $8.30: 320.340 MOtth Q20 ..covevsirversnsive 127.89 | nessee, \ fons 50- okomo Wate AA ‘ ; ox hs. 25: 240- s \ 14 «2 a i common share ve. $3,122.018 or $1.12 sucka) Michigan, Follows, S110 Wis. U. S. STATEMENT Ruhner Packing Go 4'a3 40...100 = 103 |MCCAN Coro .. 13 13 1 “yo | 88.10: 380-300 Ibs.. $8.05; 300-325 lbs. $7.087 | YEAr BGO .....vvevuiis cuiiin, ro BLDG. & SAV.ASSN, year ago. consin Yellows $3. M S& 10 Stores 5x50 ....100 108 |Mereh & Min... 27 27 27... °|330-400 Ibs. AT.80C 15GC1S0 10S, AN 1ieiise| 1941 high (April 17) 129.83. 116 N. Delaware St. 1 \ ! 2 p J { 19 S.. 890 . = 1d Cincinnati Street Railway Co 2 RL AN Rha ‘rece 3 Bt s or the ATR 88s I : 106 Monsanto 7 aE n COM ibs. #73807 100-120 Ibs, 87.00: roughs, | 1041 low (Feb. 17) 123.03. March quarter net income $61.590 Incorporations cusrent fise a year th through h AR io at N Ind Pub Serv hs Mo ..... 107% 109% | Mont Ward 3a 32a 33a — 1.37.25: stags. $6: Calves, $11; fed Western equal to 13 cents a share ve $20908 pared with a ago: IR er of Tad ay hoot: oie Soa Yue he. Se WN. Iambs, $10.5010.78. or 4 cents year ago. | Better Runiness Bureau. Indianapolis: menenses on Wee 8% Pub Tel Co ass 58 Noa 100 103 ' Ap | CINCINNATL April 21 (U.P). Hogs - . bi wl deastin System, amendment Shanping name io Ler | pte .. S.S05.0T4.475.78 &, | Richmond Water Wks Ss 87...104'% 1076 Nat Acme ..... 16% 18% 184% 4 1, | Receipts, 3500: active: generally 10 cents ta ks ended Mortis 35 wep wins Bureau. "IRe. “ane ‘sthtt amend: [fe Dot. 1 BN [7088 Term Ourp. 0°80". TC TUNA Aviation LTH TR ln 8 Re Mend Ang check arden 180-200: ne. w $ { ! 9 : t +o 3.959.172) 483.1 X «dividend | Secu a he 16% 'e s: 100-140 Ibs.. 86.50% income after Federal income and i. C Vanderbur, Ine, Kendallville; dis.) a 3 RR 3 2 | Nat Gyprum Sh da tu i" | in, Dervaws ard hs Joe 8 be olution 1.9! 077.28 1, i 2% excess profits taxes $1 487686 equal sotier Sentinel Publishing | BON Reb SiN 21.32.41 a “a WAGON privy . LAA Hh 1% 1 and 25: oJ hooth Lighiweignis occasionally ‘OR x i N \ 0 he nse e ie * Tr 1 ' 1! 1.50: 8 : th SY cents a share on comb’ TySihte ee To increasing mim. ttoms Co 212578720 I \ =. indianapolis’ Rou mh a rain | N No Amer 5% pf 523, 335s 3s: Un Catile- Receipts, 1100: calves, 500: slow. and "B" stocks vs $1.284331 w American Rusiness Girie ne. elevators paid 8% per bushels for No. 2|No Amer 6 pf.. 5¢': 54's 54'3 -. 1, uneven market: most sales about in line ents year Ago EE SR ME RR | memaarous crane wou |S TIP ERT BBR 0 En A ap cig Sita . ni tate ® at n t per bushel for she new hn, | dn 4 ea I i. yu an, [CUBES es Mitten No 2 sellow corn: No. 3 ‘white shelled | Qhie ON ....... I I I a [ee a meduui Rh SAXOPHONE § Exacting . . . ty nels corvaration: AhAAMAAALARAAAAALA AAA ANAS DRitx JC. | . 8 % % ita < 0.50% 10.40; ood Per | agmitten te Inlane Ye engage in grocery Otis Steel ...... ' v Tae RO The Jos 4 ety ROOT 10 L WATCH REPAIRING Khuoke AEs. L Sr " Suhr BY Ritie Spiritualist Char Seiad oles choles pees held ‘above $1178; art lond Instruction avn AT LOWEST PRICES Joaning |proaih Se. 1 Steel-Maker Weir A Qaokard Ean au... [ER Aiea SenieshB fo LOWE! Quality Cleaning [ti M0 RRR pH ee/-vaKer eir FOVE@S nama: hi I ah 0 [Seder Wat® io lf (INDIANA MUSIC CO STANLEY JEWELRY CO. * DEMAREE The Rp he _Baha's Paine oh is Ih ih. 4 hl Weight canners. $806. sausage bills, $10 : 113 W. Wash Lincoln Hotel Bldg A. C. DEM! lat he Ell ER he dln me. Ratino Mines .. i (eho ia 8.80; vealers mostly oO Ce im eringe. 1113 E. Ohio St. — L1-4088 yn . : a and Ketone [BX Sabre Be intaraeth gi overnment Price Freezing g:s™ "i. i. i: © Fi ww ow : Nparie rthar NH. telson rs. enn RR ..... 33% 23a... | 389, mostly: cull and common, A AMA a Wy Wg asinine Pere M : Hs ht Hao ve | OUTFITTERS TO 98! eo ts, 100: not h sale ’ ! 0 PATSBUREH. ABEL 91 (0. P: (Erect: Mer age. Bh No Be. ie, x market: fed ead” choice "80-1b. ELINED Men's MEN, WOMEN and CHILDREN ITTSRU pril 21 (UP) Ernest 'T. Weir. chairman of Na- Bu Ok, te 23% 23% 23% — lg|SPrine jambs to local ell¥ butchers On And on rw. Y TV tional Steel Corp. today indorsed the Governments action in freening |" oH wk Fay 5 NATSINALY Du Jagger Initrests refusing EPAIRED Women's iron and steel prices at existing rates and advocated a status quo until | te consider more than steady prices; talk- EFITTED Clothes Diamonds, Watches Ww t h - » Radio ......... 4 4 4 sine ing $14 down: few medium grade B80-lb, amends, Watches, | ™ wel 8 Tae RAINE. period, il |Budia pti 88, 88 a8 IUD lellboed grade $80." wooled lambs and TAILORING CO. THE MODERN CREDIT STORE r eir, who two weeks ago rais wages 10 cents an hour for Nar wai? aa ay? 18} sheep scarce, quotable about S LEON y . Musical Instraments, Cameras, Na | Republic SU 00 11 HBL 13d Ta ce —————————— 235 Mass. Ave. Indiana Theater tional Steel's 21.000 employees starting a parade of pay increases | Revn o i 11 11 . 129 Ww. Wash. Is Opposite Us . | \ N . CAG Shotguns, Ete. | throughout the Steel industry, said —— | Resn Tob B11 31 a FOREIGN EXCHANGE € industry should “a € in-| He said there were no facts avail-| v4 April 31 (U. P.) —Follow- LADIES’ The same high analQuest Loan JEWELRY J asen wage costs during the sec Oh [Sand QU suck. obi San 3 a ae noon Eble rates on por roier:| vovienranoes | $1.00, $1.47 ity, but no increase in fie CO. Ine. lond quarter without raising the ble Rt present “on which the in- SING, feetuct: 60 Ra Bi it | cles. Cable Rates Net Chy. [gy HICA Gt i | price of steel until “it finds where dustry, Washington, nor the pub-|Sscony Vacuum 8s 8a Wa | Engisnd eerie ER ? HATS lic” can make a decision on prices. |smerry Corp ... 8 8% — IAP franc) «0230 0002 “ |itstands Federal Price! “They will be available in July. 5 BY i am im — ih Hiv tra) EITTIS . A308 : oh $2.95 Administrator, froze prices at cur- I assume that any procedure on Mr. | siew War .. 8% 8% 63% .... |Finland (markka) ..... .021% Cig 3+ 138 E. WASHINGTON ST. Harry Levinson , \ ~ itgerland (franc) ... .2318 4.0001 . . ‘rent levels last Wednesday When| Henderson Jur woul » be based on Jone & Web .. 3% 3a jp oo |Sveden BRIONA) esos ne i STORES demands for an immediate increase! © [Racls whic e ge 8 i”. apan (yen) .......... SAG iii - o | Mexico (peso) ........ 200 ie, lin prices spread through the in- | Mr. Weir said he believed the Tex Gulf Prod. Na 3a 3% OR sioraole only under U. 8. Treasury USE you CREDIT at g ; |dustry in the wake of the general Federal Price Administrator should [Tide W A Oil . 8'z 8%; 98; license, eh, KNOERLE TIRE CO0., [iT wage increases. |examine the books of each steel = S————S TT ——— 3 a Mr. Weir, at a press conference, company at the end of the second "ARE IV, (OR) INS 2421 N. Meridian 33 i a estimated the wage boosts for steel quarter to determine “what. each I WER TE In The Indianapolis Times, July 17. 1939, we advertised “9-Plece Jo bere and coal miners would in- |company can do” and declared the TED {4 3 3TYAMl CLOTHING COMPANY Distributors for Fishing Outft—Value $10.50 for $595" It has been called to our Jlorease costs in the steel industry by books of National Steel would be 131 W. Washington St §) 3 iE 2] attention (hat we were in error in this advertisement, and that J $135,000000 annually, but declared: available for that procedure. 3 or tor fishing outfit was not & regular $10.50 value as claimed | “As to whether this increase can| Mr. Weir flatly opposed any in- Queer on cei le Ie ua ; be absorbed by the industry as a| creases in prices to meet higher whole, to my mind, is a matter of | taxes, stating that heavier taxes E USED TIRE T5¢ fn The Indianapolis News, November 1, 1948, we advertised, “$5.00 demonstration, must be md 5 lower earnings to . . wm BARGAINS ...cco0000ve ; > w revent inflation. ion your he waten il be accepts as to down pave ]stet imate ‘shou take he sec | The National Steel chairman ex: MACHINIST GOODYEAR or tion your old watch will be a ted as full down pay- ond quarter of this year, when it plained his sudden action in boost- SERVICE STORE ment towards the purchase price oh a new ene.” This advertis- h nd certain | ing wages 10 cents &n hour, while 181, W. South LI-6212 will have higher wages a rta teel Co was still’ nego /a « Sou - Delaware at Walnut RI-1436 ing statement was in error in that we did not accept an old watch other higher costs, and let that 8 hi S mu. oe Ne yi ego. regardless of age. make, or condition, and we accepted only gold J! demonstrate where ne ictus ory ol REIS Organsing Com filled or other watches that had been of a value of $5.00 or greater, Sane. ane - Win - We andustry mittee, denying any “feud” within ; RRR Make Wes tt Ta" Hobby, Use LO AN S — the industry. WE MANUFACTURE ALL GLASSES . _ "mn i$ : Vee W OFTTS MOTOR DRIVEN TOOLS in The Indianapolis News, December 16, 1948, we advertised, AUTO and DIAMOND We believe our employees Were |} oo qpyy SAVES YOU SEVERAL PROFITS | NEW LOW THE INDIANA TRUST CO. dies Wrist Watch te S90 13 This entitled to an advance and we be- Non longer any need sd v. high prices pot good glasses xclusively at Allied With Jewel Elgin Ladies o ate r SL WAS An error, lieved that advance should be 10 These s BR ‘Gold RT glasses complete with TORIC PRICES VONNEGUT'S . as we had ne 17 Jewel Elgin Wrist Watches available for ladies L oO A N oS cents and that's why we gave it, AR of NEAR VISION. ail complete at lowest | 120 E. Washington St. The Merchants National Bank || at $20.15 We regret this error. s n he said. ert with our local branch and Volume purchasing and single own- eee | : ind Refinanuing save many dollars. All lenses ground ership of largest chain of optical — ———— i Y MONTHS TO PAY FURNACE REPAIRS SEpImerPNag ot URS SHIGA in |) series WHILE THE REST OF Guaranteed and Cleaning. Sheet Metal : UARANTEE THE TOWN SLEEPS WATCH REPAIRING . . ne. TURIN : 15-DAY TR141-=MUNEY BACK G HAAG'S ALL-NIGHT DRUG ’ SLE LP Work. Gutters and Spouting — N——— 124 W. WASHINGTON ST. DONE BY EXPERTS WwW Washi S owas w1 | |0 NAL OP | | C STORE . : 4 ost ashington i 1 TI \ A < 4 \ A Open Tues, Thurs. & Sat. H. H. May er, Ine. : 42 W. Washington

22d and Meridian . IS OPEN .