Indianapolis Times, Indianapolis, Marion County, 29 April 1941 — Page 21

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TUESDAY, APRIL 29,

U. S. WILL BUY

INDIANA FARMS

3,392 Acres Under Option

For Families Displaced By Defense Projects. Farm Security

Administration of-

flelals today estimated that $1,500, |

000 in Federal funds would be used | in 1941 to buy Indiana farmiand for |

families displaced in the construe-| tion areas of th estate's four major |

defense projects With 23,392 acres under option, new Federal agency, the Defense Relocation Corp.

Charlestown, bury plants. P. G. Beck, FSA director here, said that options, preferably in large contiguous areas, are being taken with a view to subdividing the units | to take care of additional families Appraisals will follow and, if desir-| able, the land wii be purchased and necessary buildings constructed. If needed. relocated farmers may | borrow funds for buying implements, | livestock, feed. seed and other need- | ed ftems, Mr. Beck added. The land

Madison and Kings-

will be rented with a view to ulti-|

mat purchase by the tenant

Acquisition of 10.000 acres by the! in the Charles-| farm fame!

Federal Government town area displaced flies; the 60.000-acre proving ground tract near Madison dispossessed 600 farmers; 80 families were forced to move from the Burns City area, and | 150 farm units have been absor bed| by the Kingsbury ordnance projec hear La Porte Of the 9205 families few are in need of immediate gistance, according to Mr. Beck To date, options have been taken land in

€

affected, very

as-

NOD Franklin ir, Bartl and

INDIANA CRUDE OIL PRICES ARE BOOSTED

CLEVELAND, U Bohio Corp Standard Oil Ohic nounced toda) ase cents a barrel price effective immedia purchases of crude Indidna and Kentuck: The new prices reflecting tent increase will be 1

Al ™ il subsidiary Co an in

the | anof w ol

Bs |

m™ of mere posted v f in

ior Il

3 ni ou

the 5. | Ul $127 a in the Illinois basin generally cluding Southern Indiana; barrel in the oil fields of Illinois and western Indiana, and $1.22 a barrel in western Kentucky

DAILY PRICE INDEX NEW YORK, April 29 (U. P).—| Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press: (1930-] 82 average equals 100) Yesterday Week Ago Month Ago Year Ago . . 1941 High (April mn . 1841 Low (Feb. IT

$1.12 a

« 12041 . 128862 128.89 120.74, cae 128383 « 12303

Thea

“ae

CANADA WAR LOAN JUNE 2

OTTAWA, Canada. April 29 « PP). Finance Minister J. L Nisley announced today that Canada’s third ‘national war lean will be of-| A fered to the public in a campaign ning June 2, The offering, the Finance Minister said, will be known as the “Victory!

oy 1941." Neither its amount

r its terms, he said, have been | ecided.

‘(yrain Dealers UITTTHIA

FIRE— CASUALTY AUTOMOBILE INLAND MARINE INSURANCE

\ SILT ET EN TE

CETL HT ULE

Wa. 2456

FOREIGN ORDERS through American Buying Agencies

“BUYERS FOR EXPORT" (Sth Rewised Edition) is a So AS direc. Shed foreign buyers located in the ate, It includes export mer. rep.

Price $1000. Write today for de seriplive folder and sample pages. JOSHUA B. POWERS, INC. 2 Publishers Representatives 299 Rost 42nd St. New York City

al will seek to re-estab-|

lish a large number of the 905 fami- | dispossessed by the Burns City, |

Tippecanoe, Benton, |

holomew, | 1 Fountain}

linois, |

bar: el |

1941

Bry ROGER BUDROW The chances of getting a job now in Indianapolis are considers ably better than they were only two months ago. Last week more than 700 persons obtained work through the local office of the Indiana Employment Security Division, the accompanying Indianapolis Times Business Summary shows. In i ITT the latter part R of February the weekly number was around 400. More persons are applying here for jobs, too, but the increase hasn't been as great p roportionately as the number obtaining jobs. Roger Budrow In the latter part of February about 850 apblied each week for work. This number rose to nearly 1500 during the week when there was a big Job registration drive on but has now receded to about 950 a week. Indianapolis utilities also are forging ahead of last year. Indianapolis Power & Light Co.'s electricity output, which two months ago was running nearly | 8 per cent ahead of the same 1940 period, is now about 12': per cent greater than last year at this time. Pumpage of Indianapolis Water Co. two months ago was more than 3 per cent under the 1940 period. This gap has been narrowed steadily until this week water pumpage shows a gain «over { last year. Indianapolis Railways likewise has turned the tables and is now ahead of 1940. Two months ago the number of telephones in use in the Indianapolis district of the Indiana Bell Telephone Co. was about 8!: per cent greater than in the same 1940 period. Today this gain has been widened to more than 9 per cent. For the second consecutive week, sales of the larger Indian- ! apolis department stores showed the greatest gain over the same week last year of any city in the Seventh Federal Reserve District. Local department stores’ sales in the April Jo week were 48 per cent

RISING TAXES CUT EARNINGS OF G. M.

NEW YORK, Apnl 29 (U. Py

| |

established | A

General Motors Corp

eastern new highs during the first quarter (am but a rise of almost $47, !

this year, {000,000 in taxes cut net earnings {slightly below the year-ago level, Chairman Alfred P. Sloan Jr. re-| ported today. Net income of the corporation for the March quarter was $64.622761,| equal to $144 per common share, compared with $67.051.693 or $1.50 {per share in the corresponding 1940! period. The company set aside for taxes in the first quarter $65,152,000, con-| trasted with only $18.303.000 in the corresponding period last year. Sales volume rose to $649,192619 in the first three months of 1041, | | from $458,150.556 in the first quarter | ; lof 1940. Unit sales to dealers in the

| United States and Canada, includ- | 3

ing overseas shipments, numbered {109,714 units, compared with 549,182. | Retail sales to United States consumers totaled 608.702 units, compared with 419308, and sales to |dealers in the United States aggregated 653,384 units, against 506,449] {in the initial 1940 quarter.

STOCKS, BONDS OPEN HIGHER AT NEW YORK

NEW YORK, April 28 (U. P) — Stocks and bonds pushed irregularly higher in quiet opening dealings today, while cotton futures

lower. U. S. Steel opened at 53, up 3. Bethlehem jumped a point to 71. Steels responded to settlement of the soft coal shutdown. Savage Arms rose & point to 443; following favorable dividend action. Union Carbide moved up a point to 657%. Du Pont, N. Y. Shipbuilding, Hercules Powder and Lockheed Aircraft had gains ranging from !: point to a point. Rails were the most active. Illinois Central opened on a grouped block of 2000 shares at 8, and N. Y. Central. Great Northern preferred, Santa Fe and Atlantic Coast Line had moderate gains. Utilities were barely steady.

U. S. STATEMENT

WASHINGTON, April 20 (U ) Gove ernment expenses and receipts or the cur.

| with A year a oa) t a.

Dollar volume and unit sales of the | Air

{Am

Anaconda

{Aviation Corp .

| arnsdall

{ rent fiscal vear through April 26, compared I

Indianapolis Business Summary

Bank Clearings .. Bank Debits Post Office Receipts (...oeien Building Permits

“hss Rann

secs Battae

Apartments ...ceveeiiien Business Industrials Public Repairs and Alterations .. Applied for Jobs Received Jobs ‘ Claimed Unemployment Benefits (April 12) .

Freight Carloadings: Inbound ciies

Outbound Electricity Output (kwh) Water Pumpage (gallons) Streetcar Passengers (April 19) Telephones in Use (April 24) Livestock Receipts (head).. Cattle Cestateataies Calves Hogs Sheep Grain Receipts (bushels)..... Corn Wheat Oats

CrrbcbetR REN SLATES

Chri ERR Rt eae

ERLE EEE RR)

Cen Cet batbRRR tr

Catster aRE scare

Cet AL EAE ELLERY

CRBs E Rte RR Cetera RRR ChtE ARRAN ARR

Sources of above fgures: Indi Division: New York Wi tal Rallre

Menon) St \ ally. "Water ndtans pelts

0n Board of Trade:

abov a year ago, the Federal Reserve Bank of Chicago reported. For the three weeks ending April 18, Indianapolis stores showed a 46 per cent gain over the same three weeks of 1940. The same gain held for the four weeks period ending April 19. In all three of these comparisons Indianapolis had larger increases than any other city in the district, which includes Chicago, Detroit and Milwaukee. Hog prices here closed last week

$22,363,000 $60,564,000

anappolis Clearing House Association: ad: Pennsylvania, Louis ui RAYS: belie: Tey Trustee; Indianapolis Postoffice:

Last Week A Year Ago

$19,376,000

Week Before

£28,769,000 $74,275,000 $90,376 $415,111 $241,050 0 $54,500 0 $112,000 $1.561 1,129 631

Last Week

£95,212 $176,903 £149,250 cn 0 0 $8,386 740 435

3,345

£90,464 $216,501 $118,200 0 $53,544 0 $10,000 $34,757 948 709

1,485 1,588

3,006 1.717 10,968,000

2971 2,335 13,404,000 16,540,000 1,437,151 4-168 62,926 5772 297 51,284 2,899 578,000 380,000 22,000 142,000 2,000 32,000

3,125 2,238 13,308,000 219,000,000 1,438,615 +185 63,439 6,225 2,986 49.621 4,607 656,000 492,000 8,000 100,000 18,000 38,000

1,347,660 +154 54,108 6,433 3.435 41.372 2,868 442,000 300,000 11,000 102,000 21,000 8,000

ahdiana Baltimore & Ohio; Hlinois Nickel Plate): City Building C Indiana Bell Telephone Co.:

either the same or 10 cents higher than the previous week but they were so low during most of the week that the net gain was offset. The Government began buymg pork products (but only cured meats) and this buying was offset by light orders from Eastern packers. Fresh pork trade was dull in the East. Light yearlings, light and medium weight heifers and low grade cows continued to hold the spotlight in cattle trading, with a

N. Y. STOCKS

Net

High Low Last Change;

13% 8 17 . 5% $64 €'a

» -»

| Addressogranh ® Reduce Allied Chem Allied Stores Airlines Bank Note Bk Note pf

oo CY pot

“HP Jy PDN <VUrrs - lo

- ~~ DDS «¥

opo. san » — - a i.

Am Am

TtI0m DES a1 ‘en ad -

- p - h

Am & Am Rad & 8

a Am Am T&T Am

hr. wa PA Ar DW. A dd sa ww Ftd] +41

ow -

13 BS NN Dire a Ne

oat - DD res yyy Gye TAT A <

Asso Drv Gds . Atchison : AUC Lh pf

ow» owe. or 13 ESHNCI Fire BS Rn ReaD cs Fyre RN Eee

ws3R rt dA

Atl Refining Atlas Corp

ow "uy oe

of .

| 9

& Ar .. ath Ir Wks .. endix Avn eth Steel Joeing Air . Jorg Warner .. 3dgept Brass .. 3runs Balke

angor

Ls nd 5 5 es Cr GIP - - > Amen ast Gamo - - Fosw

we nN Son ft pt Eid +

ow “© - " “w - »”

ht oa - »

Burlington M Bs, Burroughs .

Callahan Zinec.. 1 Canada Dry ... 12 Caterpillar T... &41 Ches & Ohio .. 38': Chic E II « i% Chic E Ill A 5 3

r 20 «15% 3

31 Comwlith So pt 58 {Comun Edison... 26% {Cong-Nairn .... 13 {Cons Edison .. 13 Cong Coal 3% Cont Mot 3 Corn Prod . . 443 Crucible St .... 38: Curtiss-Wr .... 8% Cutler-Ham .... 15'%

Deere & Co

opened 4 points higher to 1 point De

East Kodak Elec Boat

Fed Dep St .... a Fost-Whi pt Freept-Sulphr 34%

Gair Robt ‘ee Gair Robt pt .. Gen Baking .... Gen Electric ... Gen Motors ... Gen Stl C pf... § Giliette & R ... Gt Nor Ore ....

Grevhnd Cp... Gu M&Oh pf ..

Haves Mig Hecker Prod ..

Hud Bay M&S. . Hupp Motor ...

Ill Central

‘i 139; . 6434 34 2 2's so $77 091,

Int T&T Int T&T Por ..

31% 29,

Johns-Man _. Jones & L 7 pt

CHICAGO GRAIN

Opening prices today on the Chi-

Kan C Sou pf.. ig Kresge 88 ..... 23

Laclede Cal TL Lockheed en Loew's .... . 30 Loft, Tne Lone Star

{cago Board of Trade, as reported by heimeon & McKinnon, were:

Whea Ne. 913; SRO 2.80% SR @.90 Corn—

Oats—

RS TO WOMEN and CHILDREN

WHE MODERN CREDIT STORE 129 WW. Wash, [eisne Tuten

Clothes TAILORING CO. Ave.

SAXOPHONE Instruction

Wea

Per Lesson

GUARANTEED

AT OUR USUAL

68 @.68% 69 @.69% M

/% /r 57108 22777

. } Oem... Lorillard 1 Lou & Nash ‘er

Marshall Fd .. {Martin (Glenn). {Martin Parry ..

Mor & Ess caer

eam .S Sl

Nat Distillers

a CL at Oil . Nat Pwr & Lt .

Newpt News Sh Y Central ..

nin = hee

FEEE Ne sree

0 o Amn Avn ..

AUTO and DIAMOND

LOANS

ind Refinancing

FA EE

MONTHS TO PAY

LOW PRICES

a I

IN|

LL Sussman, LT)

By UNITED PRESS

2 Week Ago

3 Year Ago

Owens Ill Gl .. 8

*., |Fhillips Pet

a Walk H G-W pf

: Brag

DOW-JONES STOCK AVERAGES

30 INDUSTRIALS «0.20 —0.28

Yesterday | Month Ago «0.02 High, 1941, 133.39; low, 1135.38. High, 1240, 152.80; low. 111.84

20 RAILROADS WHY

i | Yesterday | Week Ago .....uven | Month Ago | Year Ago .. High, 1941, High, 1340,

2.15; low, 26.54. 326%: low, R14, 15 UTILITIES

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

20.65; low, 18.0%. 26.45; low, 18.03.

Net High Low Last Change

Otis Elev

opr Qu @

| » |

| Pacitic Lig Pan A

- ~~ -- MELE LL - Pr on

pew

CaCI BGs pt Cs

C0 in 1 83 she OO = 1 63 sn bot CI C3 i Le]

OO sin ret sl G0 = 4 BDC por Dd

Mat of Pere Mat or of

a - New

Cd CI UI RG pt 3 OF sn CIV 0.5 din OO | Cd slim 1 Dad

Pitts Coal “ Pitts Coal of .. Pitts Sc & B .. Pullman Pure Oil

w Kd

’ ~~ ~

Pop - om oo

Radio .. Republic su Ren So Soin Richfeld ®oil

« | Rustless Qi: .

avage Arms .. chenley Dist .. Sears Roebuck

De @ ar an 00D vm pe »

COS pot pt PA rie ae Is CONG put pot ee

oe —— p-. -

rors CONGR PENNE aAN

Superior Oil . wift & Co

pO ->we

Pot pt C0 Cy CIV BCD CY CYS I Cd pee 65 OOO pt CY ID PDS Nd +e OD

~w *3

Texas Corp .... Thermoid ‘hes Timken RB ... Transamerica ..

~ rh “ o

Und Bl ish . Unton Ca % Usion nl ~ ‘pt.114 Un P 8 Un Alveraiy “att Un El Coal .... United Pru . Un Gas Im Un Das Imp Un Mer

3% a

Bie". of 10%

. 58 « 31% U S Rub 1 pf.. 87 U § Steel 53

13% Warner Bros .. 3! West Union ... White Mot .... White Rock Willys Overind. Wilson & Co Woodward tron. Woolworth .. Wrigley

Zenith Rad ....

LOCAL ISSUES

The following apolis Bond & sent actual price rl offer indicate the approximate based o

Notations by the Indiando not Reprs. but mer market level on buying and selling quotations of

Bid Ask Ine, com. °

ey recent transactions.

Stocks

Agents Finance Co Agents Finance Co., Belt RR Yds

ndpls Gas com _. nd Hydro Elec 7 indbls P&L 5% % p Indpls P&

Aeaane

BC . 14

sens

4.8% Dp Teere Sioate Elec 8% pid... Union Title Co com Van Camp Milk pfd . Van Camp Milk com .....eve

Bond

American Loan 5 51 ......ev. 99 Amertal Loan 5s 48 . % |

B® veo

THE INDIANAPOLIS TIMES

Prospects of Obtaining Jobs Here Have Improved Considerably i in Past Few Months, Summary Shows

$333,921,000 $46,130,000 $835,653,000

199,140,000 3,595,740,000

olis Office of State Employment ential: Commissioner: Agricultural Marketing Service: Federal ‘Reserve | Bank of Chicago.

«0.54

2|grocery business.”

o (managers, Mr, Hartford said. Weekly <

NEW ZINC "REFINING

sq | SErve Corp. providing for the sale to

2 | wooled lambs

PAGE 21

PRICES ON HOGS GAIN 15 GENTS

Lighter Weights Up Nickel; Top Boosted to $8.55; 8423 Received.

HOG PRICE RANGE ao Recel $8.3 1,

1941 Thus Far

$377,199,000 $960,533,000 $1,551,660 $3,497,864 $1,612,125 $191.000 $474,124 $1,071,000 $131,400 $370,069 14,192 7,784

% Change ‘41 vs. "90 op 13.0 + 149 “+ 42 4+ 1103 + 38.3 410,511.11 195.1 4 1,023.9 103.0 49.3 15.9 36.3

1940 Thus Far

$1,489,325 $1,663,287 $1,165,330 $1,800 £160,642 $95,300 $64,729 $247,894 12,234 5,711

April April | April {April 2 April 2 April 2 {April 2 | April 2 | April

10,425 11,650 6,256 10,200 10,019 2,000 13,030 8,483

EERE LE EE EEE EEE Casta tatanne cate

“ rn “eran

Prices for most hogs sold at the Indianapolis stockyards today were 15 cents higher than those paid yesterday, the Agricultural Marketing Service reported. Weights over 160 pounds made the 15-cent advance, Hogs weighling 160 pounds or less rose 5 cents. The top was $855 for good and choice 200 to 210-pounders, Vealers were 50 cents lower with an $11 4 top. 1.1 | The marketing service reported 9.2 |2050 salable cattle were received, 42 |879 calves, 8423 hogs and 1293 sheep.

6.3 HOGS 1.7 Barrows and Gilts

2.4 120- 140 pounds : 140. 160 pounds 160- 130 pounds jis 180: 200 pounds «... 0 1 200-340 51.7 | 20-270 270- 300 40.1 24.7 56.1 59.1

64,313 38,041 41.1

15.7 14.1 12.6

55,691 314M 222,899,000 3,608,640,000 21,634,516 103,928 954,127 100,289 43,168 712,732 97,938 10,404,000 7,982,000 454,000 1,646,000 69,000 253,000

48,14 27.576 198,102,000

21,394,509 95,181 996,401 107,026 43,896 730,454 115,015 7,223,000 5,263,000 324,000 1,320,000 157,000 159,000

Fil ++++++

pounds pounds pounds pounds pounds pounds

300- 330 330- 360 | Mediut am -— 200 pounds Packing Sows

| Coad and Choice--270- 300 pounds

DD CO CAH Oe LO 3 PMODOODUOPOW

+1 +++ +

300- 330 pounds 330- 360 pounds Good ~ 360- 400 pounds 100- 450 pounds 450- So pounds .. Mediu 250- 500 pounds

Security Chicago. Indianapolis and Louisville Indianapolis Power & Light Co.: Indianapolis |

most monotonous regularity. Old crop fat lambs failed to recover | Siuruter nn any of a 50-cent loss made early | M5 My unde oo in the week.

CATTLE Relief rolls and costs continued |siaughter Cattle & Vealers (Receipts, 2059) under a year ago. Center Towne ship Trustee Henry Mueller reported there were 4080 relief cases at the end of last week and that £47263 had been spent on airect relief this month. This compares with 6629 relief cases last vear at

7.15

| | cpa 750 Se pounds | 900-1200 sunds .... {1100-1300 pounds ... | 1300- 1500 pounds ... |Good=— 50- 900 ~ounds 200- 1100 pounds 1100-1300 pounas | 1300-1500 wounds

13 13 13. 13

SoMa

L $ @ 6}

25 25 .00¢ 9.75

1 11 1 1

ts | jllustrate “how defense production

ALL U. S. BONDS SOLD

|U. 8S. Government bonds, aggregat-

ooww

Allison Built in |

65 Communities

NEW YORK, April 29 (U. P).— A machine gun or an Allison airplane engine represents the cooperation of plant workers with those countless others engaged in providing the raw materials, General Motors Corp. pointed cut today in its monthly publication, “GM Folks.” GM's survey of the defense production problem was undertaken to

is spread throughout the country and not concentrated in a few industrial areas or among a handful of large companies, as some are led to believe.” The 11 M plants now engaged in defense production buy materials from . “nearly 200 communities, large and small, scattered through 21 states” the report asserted. Allison engines, when assembled at Indianapolis, represent work done “in no less than 65 different communities” and requiring the labor of 10,000 men, the survey said

BY UNION PACIFIC

NEW YORK, April 29 (U. P.).— The Union Pacific Railroad Co. completely liquidated its holdings of

ing $6,444 617, during 1940 and cut its investments in securities of companies other than affiliates by $23,220,610, William M. Jeffers, president, reported to stockholders in his annual statement today. Investments in affiliates were decreased only $1,980,939 during the year.

STOCK VALUES BIE SLIGHTLY

But Total Sales in March Were 31 Per Cent Under A Year Ago.

WASHINGTON, April 20 (U. PJ, ~The market value of securities sold on registered exchanges during March was 1.5 per cent greater than in February and 31.7 per cent below the year-ago level, the Securities & Exchange Commission reported today. March market value of all such sales was $502,188917, comprising stock sales aggregating $383,265,824 and bond sales of $118,851,165. Stock sales declined 5 per cent from the February level while bond sales were

up 29.9 per cent, the SEC said. The volume of stock sales, exclus=-

live of rights and warrants, was 18,«

441,792 shares, a gain of 1.5 per cent over February. Total principal amount of bonds sold was $235'871,~ 934, a gain of 59.1 per cent over the preceding month. Sales on the New York Stock and Curb Exchanges in March accounted for 93.4 per cent of the market value of all sales, 91.4 per cent of stock sales and 99.8 per cent of bond sales on all registered exe changes.

RETAIL CAR SALES GAIN 32 PER CENT,

Coupled with reductions in invest-

ment holdings there was a rise of | $16,496,569 in the road's cash and an increase of $2,219,866 in special de-|

posits. Inventories of materials and supplies decreased $1,725,689. The Union Pacific's own funded debt in public hands also was lowered by $5,201,605 in 1940.

Up to the close of the Chicago market today. Indianapolis flour mills and grain elevators paid 83¢c per bushel for No. 2 red wheat (other grades on their merit) and paid 66c per bushel for shelled new No. vellow corn; No. 2 ie shelled | corn. T0c: No

DETROIT, April 29 (U. P.).—Re= tail sales of new passenger cars and trucks in the United States during March totaled 525,798 units compared with 398,650 in the cor responding 1940 month, an ins crease of 32 per cent, the Automo= bile Manufacturers Association re=' ported today. The March total comprised 449,« 597 passenger cars and 76,201 come mercial units. First quarter sales were 1,317,737 units against 968,109 last year, an increase of 36 per cent.

BS Paag-d

3 =4 =

this time and a total expenditure of $86,826.

A&P TO INAUGURATE 5-DAY WEEK IN EAST °

NEW YORK, April 29 (U, P).— John A Hartford, president of the Great Atlantic & Pacific Tea Co. jannounced today that on May 12 the company’s Eastern division will inaugurate “the first five-day week| and the shortest general working |} hours in the history of the retail |

| Medium750- 1100 pounds 11004 1510 pounds

9.0041 9.00@1

8.00@ 9

1. 1. 1. 1. 0 0

“150- Tio0 pounds Steers, Heifers OR eas0 . [email protected]

pounds ‘ . 1000@11 00|

SH 150 pounds

+ [email protected] [email protected] [email protected] 7.15@ 8.75

Cholce— 750- 900 pounds

ood -- 750- 900 pounds Mediuin 0n- 200 pounds Coo on - 500- 900 pounds

cetera satea Cesatea

75 23 00 00

Good . Medium Cutter and common Canner

The plan, which would immediately affect some 7000 employees in New York City and surrounding territory, provides for a 6-hour reduction in hours to 48 per week and a full day off for all full-time clerks, butcher workmen and store

8.009 8.50 7.75@ 8.25 7.50@ 7.7

Good and choice Sommen and choice salaries will remain unchanged, he Peeler on Stocker Suttle Baers added. Steers Mr. Hartford expressed the belief that the success of the plan would lead to its extension throughout the country in the near future.

Cholce— 500- 800 pounds ........ woses 10.25 $00-1050 pounds coass 30.25 Good - 500- 800 POUNAS .eevcovsesses [email protected] 800- 105) pPOUNdS sesverececass [email protected] 8.75@ 9.50

Me 1.75@ 8.75

11.25 11.25

diu 500- 1000 pounds Com 500- 900 pounds Calves (i004 and ehoice— 500 pounds down

Mediu 500 bounds down Calves (heifers)

ood and choice— 0 pounds down [email protected] fum-— 500 bounds down [email protected] SHEEP, LAMBS (Receipts, 1293)

$11 00@ 11.50 75@ 10.75

PLANT TO BE BUILT Ss

NEW YORK, April 20 (U. P.) — The American Smelting and Refining Co. will begin construction “almost immediately” on a $5,200,000 zinc refining plant at Corpus Christi, Tex, it was announced today. It is expected that the plant will (go into operation within 18 months when it will have a capacity of 2000 tons monthly. A contract already has been signed with the Metals Re-

[email protected] [email protected]

Good and choice Medium and goo Common Ewes (wooled) Good and choice Common and medium .

CHICAGO LIVESTOCK

Receipts. 13.000: weights under steady to 10 cents lower: heavier ll and sows steady. good and choice 180-240-1b. [email protected]: top. $8.55 sparingly 2 . [email protected]. 370, 330 Ibs. $8 [email protected]: good 400-500-l1b. sows

7.50@ 7.85 FY 7500. Calves—1200:

Cattle—Receipts, 3 comparatively little action on weighty upward: but all

teers scaling 1500 lbs. athe i weights steady to vearling strong tn [email protected] trade;

. 6.50 4.00@ 5.50

it of the first 50,000 tons of refined zinc produced by the new plant.

OTHER LIVESTOCK

CINCINNATI, April 20 (U. P) —Hogs— Receipts, 3850. holdovers 100. market active to 15 cents higher, sows steady, top. $8.55 for good and choice, 260-280 1bs., $8 15. 280-300 Ibs, $8.05. 300-350 lbs. $7 .90 @8: medium and good 140-160 lbs. $7.50@ 8. 100-140 ibs. 36.254 787. most good grade packing sows $6.75 @17.28 Cattle—Receipts, 650: calves erately active, steers steady heifers dull and about steady; bulls active, firm;

representative strong with typical shade higher. mostly, early top choice light steers, $13.25: best vearlings, $12.25; several loads. $10.50@ cows and | 12.25; fed heifers fully steady, scarce; sevbulk of run comprised | eral 0020S $9.75 11: best held around medium and ood steers and heifers| $11.50: cows acutely scarce again and eligible around [email protected]; 1078-1b. steers Hh to 15 cents higher: cutters and included at $9.75 and load good 1030-1b. | common beef cows showing must upturn, steers offerings. $11: cutter and common | bulls and vealers fullv steady: both classes cows, $6.50 7.25 freely strong weight in small supply: weighty sausage bulls to canners, [email protected]; sausage bulls. $7.75@ | $8.35 and prime weighiv. vealers to $12: 3,38: two loads meaty 860-1b. feeder steers, | most light vealers, $9610.50: stock cattle 10 vealers stly s steady chgite, Sep Ny Steady, good 3d ( Sheen--Receints, (iy late vesterday, Sheep—Receipts. 100 < fe ambs close airly active, 1¢ about TT pis: 100; dammD, Supply Sell cents higher. .mos to 35 cents up: lambs. $14! common and medium grades predominating at $11@12; occasional cull $6, few 130-l1b. good clipped ewes, $3.50: clipped lambs

other

550. to

Modstrong;

25 shipper top. $11.60: beet 89-102 lbs. wooled Westerns. [email protected]: shippers generally, $0.25719.75; odd head native ewes down from 87. Todav's trade: Fed lambs opened fully steady: most early sales shorn est. erns. [email protected]: little done. however, on wooled offerings: ewes scarce, but early sales mostly steady at $7 down,

LOCAL PRODUCE

17c: No. 3 13e: No. 1bs os White ad 19¢:

slaughter

—Hogs—

bs... $7 40-150 1 : 1%, -130 Ibs, £6 90: Roughs, $7.25: stags. $6: Western lambs sifi10. 25; $8. spring lambs, $11

FOREIGN EXCHANGE

ae Loh. Anti 2 (U. P) —Follownoon cable rat - Ing are es on major cur Cable

Ralgs +. 34.0

breed colored hens colored hens, 13c: Leghorn hens. Leghorn hens, 9c; springers, 3 over. 18c: No. 2 springers, 15c: Barred Rocks, 18c: colored breeds, cocks. Tc Egas—18'2 Butter— oY 1. 36@36lyc: No. 2 3412@ 35¢. Butterfat—No. 1, 32c: No. 2. 30¢ (Farm pickup prices grated by the Wadley Co

FOOD PRICES

HICAGO. April 20 (UP. —A — o bushel, $1. APRIES 15. $3.50@5. Spinach @ 90c. Cauiiflower— Carrots—Califa crates, . Lettuce—California. crates. [email protected]. Sweet potatoes —Tennessee, bushel, [email protected]. Onions (50-1b. sacks)—Iowa vellows, $1.20. Texas vellows, [email protected]: Michigan yellows, $1 71.10; Wisconsin vellows, 85c.

alves $11: fed| coon’ “clipped lambs,

Net Change

KL 7-18 + 09 1- 16 230 —.0001

England (pound) ... Canada (dollar) xFrance (franc) Italy (lira) Cuba (peso) \asetane Finland (markka) ‘esas Switzerlend (frane) . Sweden (krona) . Japan (ven) .... Mexico (peso) 2070 xTransferable only ‘under 0. license

++ | —Illinois, California,

8. Trea sury

COMMERCIAL LONNS

In Co-operation With THE DEFENSE PROGRAM

RRL IPR NL AYA RY

FIR THERETO

Pennsylvania and Market Streets

{Fons

Oldest Loan The CH

Brokers in 146 E. CHICA GS

on Everything!

Diamonds, Watches, Musical Instruments, Autos, Cameras ‘AG Shotguns, Ete. JEWELRY CO, Ine.

the State

~~ YOU CA

BACK 6%

AVE you a money problem which a personal loan will help you solve? Have you been wondering where and how to get the cash you need? Household Finance offers a simple way for you to borrow on just your promise to repay. If you have a job and can make monthly payments you are invited to come in and see us about getting an Honor Loan up to $300. Suppose that you need $100. Find this amount in the first column of the table. Then read across picking out the monthly payments convenient for you to make. You will see, for instance, that 12 monthly installments of $9.77 each will repay a $100 Honor Loan in full. Or, if you prefer smaller payments, as little as $6.43 a month for twenty months, will also repay a $100 Honor Loan. You pay nothing more. Note that the sooner you repay, the less your Honor Loan costs. Six installments of $18.18 each, totalling $109.08, will repay a $100 Honor Loan.

All you do

All you do to apply for your loan is to acquaint us with your prob- | lem. We require no stocks or

N GET A

$100 LOAN

IF YOU CAN PAY

A MONTH

No security of any kind needed —Just your promise to repay — A quick, simple way to get cash foremergencies

bonds—no security of any kin You merely give us your signed ° promise to repay. It is unnecess sary to ask outsiders t6 sign the’ u 4 loan papers with you. And at no a time do we question friends or~. relatives about your credit. You may apply for your loan one day and have the cash in your hands the next.

Same rate fo everyone

The payments in the table include = all charges. These charges are cal- . culated at Household’s rate of 2149, per month on that part of a balance not exceeding $150, and i 1% 9%, per month on that part ofa = balance in excess of $150. Every - Household customer gets the bene- - fit of this rate—whether new customer or former borrower.

Every consideration shown If you should get sick or lose your... job while paying on your loan, you will be shown every consideration. Last year we took legal - action on only one out of each * 20,000 loars—and this was done only as protection against fraud, Please feel free to phone or visit us at any time without obligations =

FIND HERE THE CASH

LOAN YOU NEED

CHOOSE YOUR MONTHLY PAYMENT HERE

2 » pay

scl hp.

6 payments|

8 payments

16 payments

10 payments

20 payments payments

$10.38 12.98 15.57 20.76 25.95

$ 5.32 6.65 7.98 10.64 13.30

15.96 18.62 19.95 21.28 23.94

$ 3.64 4.54 5.45 7.27 9.09

10.91 12.72 13.63 14.54 16.36

31.15 36.34 38.93 41.53 46.72

26.60 33.25 39.91 46.49

18.18 22.72 27.26 31.76

51.91 64.89 77.86 90.71

53.07 59.61 66.15 72.68

36.23 40.69 45.12 49.55

103.56 116.41 129.26 142.11

154.95 | 79.21 | 53.98

$279 3.49 4. 5.59 6.98

8.38 9.78 10.48 11. 12.57

13.97 17.46 20.95 24.40

27.82 31.23 34.62 38.00

41.37

$2.29 2.86 3.43 4.58 5.72

$195 2.44 2.93 3.91 4.88

$20 to $50 loaned only for 12 months or less

with NSW Nas IGBER

6.87 8.01 8.58 9.16 10.30

11.45 14.31 17.17 19.99

22.79 25.56 28.32 31.07

5.86 6.84 7.33 7.81 8.79

9.77 12.21 14.65 17.06

19.43 21.79 24.13 26.46

$ 4.61 5.38 5.76 6.14 6.91

7.68 9.60 11.52 13.40

15.26 17.09 18.90 20.71

33.82 | 28.79 | 22.51

not exceeding $150, and 114% per month Le that part of a balance in excess of $150 IND,

H. S. Meeker, Mgr,

M. J. Scott, Mgr.

WE GUARANTEE the total amount figured by using this table to be the full amount you will pay, when payments are made on schedule. You will pay less if you pay your Jorn ahead of time since you pay charges only for the actual time you have Payments include charges at Household's rate of 214% per month on that part of a balance

PERSONAL LOANS $20 TO $300

HOUSEHOLD FINANCE ( a Ze ESTRBLISHED WI TWO INDIANAPOLIS OFFICES Third Floor, Mlinois Building, 17 West Market Street, Corner Illinois

the money.

;

8. E HENDERSON, PRESIDENT

v3 0p id an

Phone: Rlley 5404

Sixth Floor, Merchants Bank Building, Washington and Meridian

Phone: Rlley 1471