Indianapolis Times, Indianapolis, Marion County, 20 August 1941 — Page 16

THE INDIANAPOLIS TIMES WEDNESDAY, AUG. 20, 1941)

Lack of Supplies, Orders Worry Small M idwest Firms

because steel is short and because the auto companies won't need theig | product. The C. I. Os plate-glass union—the Federation of Glass, | Ceramic & Silica Sand Workers—sends George Vidmar from Colums | bus, O., to Washington to see what the glass industry is going to do if the automobile industry cuts its output to 50 per cent, there being relatively little outlet for glass in armament. | Congressmen from northern and eastern Ohio and from Pennsyla vania and New York are hearing from a few of their manufacturer constituents, but to nothing like the extent of the representatives from farther west. In Philadelphia, for example, almost every small concern in ths metal industries seems to have been able to get a bite at the ship« building and other big orders. The relationship of distance to the amount of subcontracting that a manufacturer can expect to do seems to have been neglected in the national push for spreading out the work, | What puzzles a number of manufacturers in their letters and wires to Washington is their difficulty in getting supplies even when they have defense subcontracts. Friends of theirs, in civilian production, still manage to do so, they say. Some manufacturers have been hearing that British competitors get all the steel they need—from the United States. They complain they cannot get steel for civilian merchandise because the British | are taking it for the same purpose. Their Congressmen-call up OPM's priorities division and are told its members “will look into it.” The priorities division, under E. R. Stettinius Jr., has a staff of about 200, with about 80 more in separate industrial divisions, and = ! substantial number of them are being kept busy by the complaints and questions daily handed them by the secretaries of Congressmen, The secretaries, incidentally, are also in a tough spot, many of theiw employers having gone on vacation for the next few weeks.

[STOCKS RETAIN A STEADY TONE

PAGE 16

BUSINESS

Small Concerns Here Find Themselves

Caught in a Defense Pincers Movement By ROGER BUDROW

A NUMBER OF SMALL INDIANAPOLIS manufacturers are still out in the cold as far as getting any defense contracts goes. They see a big “pincers” in the making, one which may put them out of business. They are unable to get contracts, for one reason or another. And because so much of their raw materials is going into defense production, they fear they won't have enough supplies to manufacture civilian goods. A firm that makes shoe ma-]

chinery tried five months ago to get defense work but Washington] LIGHTER HOGS

hasn't come through yet, hasn't

even answered its letter. The Top Price Rises to $11.80 As 5500 Porkers Are

concern will try Received.

to get something from the HOG PRICE RANGE Top

By JOHN W. LOVE Times Special Writer WASHINGTON, Aug. 20.—The little manufacturer who gets the worst break in the armament rush is the one who's outside the big industrial centers. That is why Congressmen from western Ohio, from Indiana, from Michigan and Illinois outside Detroit and Chicago, and from Wisconsin, are hearing so many complaints. Hundreds of small outfits are becoming apprehensive over their supplies of materials, and the farther they are, geographically, from the prime contractors to the Army and Navy and merchant marine, the more alarmed they are. The influence of the priorities upon factory production and employment is an experience new to American life. It is vast, shadowy and complex, and the more frightening because there is so little clear information here. 5 A manufacturer of machinery for grain elevators near Lima, O, hears he is being cut off from his steel, though the makers of machinery for the farmer and machinery for the bread baker will get what they need. He can’t understand it. A Milwaukee man spends $50 on phone calls in rounding up $35 worth of material and the necessary priorities for same. Another in Milwaukee sends a man to Washington seeking aluminum priorities for the lights he’s making for cantonments. : An Indianapolis maker of tobacco pipes who uses a little aluminum protests loudly enough, and is fixed up. A very small manufacturer of a part for a larger part for the automobile industry, also in Indianapolis, decides to close up his shop and wait for a defense subcontract. A die-casting plant in Adrian, Mich. closes; one in Toledo, O., lays off part of its force; another near Kokomo, Ind, runs into the shortage of zinc, and the Die Casters’ Union puts on the heat in

CHANGE BUYING NEW

BY ARMY, NAVY

~ = x n

Some western Ohio manufacturers hear they are going to be cut off from their business with Michigan automobile companies, both

YORK STOCK QUOTATIONS

By UNITED PRESS

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS Yesterday .... see 125.3% Week Ago 125.65

Ordnance Department at Cincinnati. Another manufacturer paint — 1s worried about the ingredients he needs. A firm

that makes apRoger Budrow plances for the 3 Aug.

Net High Low Last Change Sipariop Stl ... 16 16. 16 Swift & Co .... 41a 24% 241% Sym-Gould xw . 6's }

Net Last Change 22 tees 62 ons 181s 1442

High 22Y,

Receipts

1,500 9.500

Nat Distillers .. Gypsum .., Lead

Aug. !

Aug. —0.05

—0.16

Acme Steel .... srersenaane Air Reduce

CE EE

automobile replacement trade has yi& bid four or five times but was un- | Au. derbid by a larger concern. ia An ornamental iron working: plant has drill presses, punch | aug. presses and acetylene welders but} despite all the publicity about a| Hogs weighing between 160 and

shortage of these, hasn't received 230 pounds were 10 to 20 cents higha derense order yet. ler at the Indianapolis stockyards

A plant that makes tanks (for today, while heavier butchers were gasoline stations, acids, ete.) is] . ' he Al running out of certain steel sizes. |8€nerally a dime higher. the Agri-

They had an order for 500 to 700 culture Marketing Service reported. tanks of 20,000 gallon capacity. But| Lighter weights and packing sows it would have taken a year or more | ere unchanged in price but heavy to fill that order whereas a 90-day [Sor o, Vere weak. Todays top Was delivery was wanted Dy 80 for some 200 to 210-pound : 3 : sh 10gS. Maybe some of the complaining | yearlings and heifers opened | 4 is a case of crying before the milk about steady. Steers had a weak is spilled. Or maybe they have |undertone while cows and bulls were seen the handwriting on the wall. barely steady They say the Army and Navy have

Calves sold strong in an open imarket, some spots being 50 cents been doing business too much with the “big fellows” and the big con-

higher. Spring lambs sold steady cerns aren't too anxious te share

to strong in an active market while their contracts with smaller ones.

slaughter sheep were steady. Perhaps today’s announcement that the Army and Navy are liberalizing their buying policies will help some. If they do spread contracts around the smaller concerns, the spectacle of many firms being forced to the wall in the midst of a business boom may be averted.

HOGS

Fok bod fk fond fk fk ok fod pod ok SD oS

DID DDD Pp bk ok ok pk pk pk ok ok po

140 pounds 160 pounds 180 pounds 200 pounds 220 pounds 240 pounds . 270 pounds . 300 pounds ~30 pounds 360 pounds Medium— 160- 200 po

OODD tt rit it DD BND DB DDT MND DO ND UN WN: CD hh ok ok ok ed ok (oy

10.754

mds

$10.35 10.50 10.20%, 10.40 10.002 10.35

9.90%10.20 9.65@ 10 00 9.40@ 9.80

® # u

TRENCH MORTAR SHELLS arent what they used to be, as any ‘World War veteran can tell by look- | ing at this photograph. Link-Belt | is working on a large order of these | 81-millimeter shells at its big Ewart plant here, out near Belmont and W. Washington Sts.

|G 0 380- 400 pou nds | 400- 450 pou 450- 500 pounds .. Slaughter Pigs Medium and Good— 90- 120 pounds CATTLE

| Slaughter Cattle & Vealers (Receipts, 1200)

[email protected]

2 >

pounds pounds

pounds pounds pounds pounds

pn pt pd fh

~ a LAODD ODrars ard fd fd pk od fo ® Ome MONS BOND

23 2333 233 3 $33 3332 gg

0 9390 NID POD

| Com mon In World War 1 a trench mortar | 750-1100 1 shell looked something like an ordi- | nary tomato can. only much longer. | It would spiral through the air and | never could be atmed at any specific target—only at an “area target.” The new trench mortar shell has a nose adapter and tail-fin assem- | bly, which should greatly its accuracy. Link-Belt makes all | of it. using forgings supplied by the 'Gooa Government. Medium .

| Cutter and ‘common .“ { Canner .

om Ww oS

Steers. Heifers

[email protected] [email protected]

holce— eo 750 ood 750

pounds

Heifers a or ce 200

Goo Sa 750- 900 pounds ium 500- 300 pounds

Comm increase | “GoTo pounds

[email protected] [email protected] [email protected] 7.00@ 8.75

pounds

ARETE EEE RYN) "testes ssseessssesee

sesesen

cass nnne sssnn.nne

5 5 5 ODDS AND ENDS: C. E. Hamil-| ton, president of Automotive Gear Works at Richmond, Ind.. has been | named as one of eight manufac-| turers of automobile parts and accessories on a new OPM adviosry committee Russian gold has] begun to come to U. S. again, pre-| sumably to pay for war materials. | « + « A. J. Mulroney, who was a national bank examiner for parts of Indiana and Michigan during boora- | choetce ‘ing "28 and ’29, has been elected vice | 500- 500 pounds president of the Federal Reserve ogg ooo Pounds Bank of Chicago. will begin work| 300- 800 pounds about Sept. 1. The Government | (fog; a is asking 65.000 manufacturers who| 500- Joe pounds use metals now needed for defense Eom pounds how much of a supply they have on Calves (steers) hand . At least two automobile Good and chotce— builders are seriously considering of, pounds down abandoning all-steel body tops “for| 506 pounds down the curation” to release rolling- -mill| Calves capacity for big steel sheets, accord- | Good and chotce— ing to Business Week. Pounds down

[email protected] Medium— ————————— 500 pounds down [email protected] WAGON WHEAT

‘ SEEEP, LAMBS (Receipts, 1200) Up to the close or She Chicago market ur

: Lambs (spring) a, mills and gram | Good and choice id 9% ii for No Medium and good red (other zr on their merits). Common and paid 68¢c per bushel for shelled new No. ? Senge corn: No. 2 white shelled corn. Tee; 1 No. 3 white oats, 3lc: No. oats

(Yearlings excluded)

and common ... Vealers

Cutter

| Good and choice

| Common and medinm Cull

Feeder anc Stocker Cattle Receipts, 600) Steers

Svecesnaiess. $10.25 cesssssesaes. 10.00

11.25 11.00

@ a @10.50

9.00@ 9.50 teresaesseees 0.50@ 9.00

[email protected]

(heifers)

Ewes (shorn) Good and choice

All STRAWS REDUCED

styles, but limited quantity.

Levinson

3 Stores

FUR (OATS Largest Selection in the

INDIANA FUR CO.

All

PAPER

AMERICAN PAPER

STOCK COMPANY RI-6341 320 W. Mich.

- SEE the New “EVERSHARP” PEN & PENCIL SETS

\ $8.75 Guaranteed

for Life

STANLEY JEWELRY CO.

State

nw New Policy Intended to Give

9. @ [email protected] B

[email protected]| 1 d.

Alaska Juneau Alleg Corp p pf 19% | Alleg Cp pf xw. | Alleg Lud Stl .. ..160%% “a 35

Alllied Chem Allied Mills Allied Stores . Allied Stores pf 8315 Allis-Chal x ok Amal Leath . Am Ag Ch Del 1814 a Am Bank Note. 87% tAm Bosch ..... 6% {Am Br Shoe ... 27 Am Br Shoe pf 130 Am Cavles & R 2% - Am Can . 821%

Small Firms a Share Of Defense Work.

WASHINGTON, Aug. 20 (U.P) — The Office of Production Management today announced revision of Am Car & ‘Fdy 31% Army and Navy purchasing policies [3 CM ru i to give the nation’s small shops and | 3 oo Ne: on factories, whose production of non-|am. gaw ss .. 37 defense goods has been curtailed, a | Am H&L pf. share of defense contracts.

m Home Pr Ian Jee pf ..

The revision was made following|am 100 cov: &f disclosure that the demands of the|Am ch > Fy 0 defense program for metals and ma-| am Morar". Ne" 1a terials would lead to the closing|Am News 26 down of many small businesses and | 4m gay & Lt. consequent unemployment estimated Art L 5pfA _. at 3,000,000 workers by Price Control! am Rad min Administrator Leon Henderson. Pi rT . The OPM’s council, comprising|am smeit ..... co-directors William S. Knudsen | oh el -.13 and Sidney Hillman, Secretary of|Am Sugar pf... War Henry L. Stimson and Secre- | Am Suma 2 tary of the Navy Frank Knox. also|Am ens established the Defense Contract | Am

& Lt .

Tob Am

Water W Service as a separate OPM bureau | Am

Wat Wipf. Woolen i v in an effort to stimulate subcontract- ok ing.

Woolen | Anaconda . | Am T&T Ris Am Viscose .. Am Viscose bf Armstrong Ck. Artloom . Asso Div Gds. Asso Inv pf...

no Gray!

Vy 1’ V. 1s

ro [ye Ow?

Negotiate Contracts

The new purchasing program provides that defense contracts may be negotiated at prices up to 1i5 per cent above estimates if the work Atl is 10 be done in an area where| 311 & non-defense plants are being forced | ies So br to close. petitive bidding system which fre- | quently worked to the disadvantage] {Bale ue of the small shop or factory. {Balt & O bf In the same areas, bonds posted | Bansal oo -- by manufacturers may be eliminated | Beatrice Cr ,-.. “when necessary,” defense products] Pun My on may be inspected at piants to facili- | Best Re tate prompt payment, and prime Bigelow San contractors will be reimbursed by | pay Engx the Government for additional costs | Bon, Aen B incurred by “farming out” large | Boroeh Warner orders to subcontractors. Ddept Brass

Briggs Mig Require ‘Farming Out’

Bkiyn-M T .... Bruns-Balke .. . Bucyrus-Erie The plan also provides that a|Budd Mig statement be attached to each contract amounting to more than $50.000 requiring contractors to “farm

Bald Loco ct..

Noa

- Cy nS

COPBLIGLS Na Fo » on

x» 99D N00 a DD wT mT] DO =T " o -

abimi LIRNLWLS KILI

De #'»

DOU 400 Dd =T HOD = w 3

Callahan Rie. . Calumet & H. Campbell Wy Canada Dry... Gon Pacific... Case J 1 pf. “ue Cater pillar T... 4 Celanese .. Viol sug. .

| Cent | Cerro de Pasco

1a ie 2 1 1

1'2

Bla.’ 7%

Stocks Agents Finance Co Ind con: .“

Central Ind Pow Circle Theater com Comwlth Loan 3% pfd.

Burroughs Butler Bros.... than $250,000, contractors would In announcing the new program “prevent local depressions in the] er factories “means that the fac- | Chie E Ii.... | Chic Pneu T Mr. those Chrys! er tories which cannot be converted to|SIGve Graph Br Col Broadcast B Com Credit Com Inv Tr . Nominal quotations furnished bv local | Com Solvents omwlth Edison. | Cons Aircraft . {Cons Edison pf 100 Cons Hook Drug Co ¢ | Cons Coal jCont Bak pf ... Cont Ins .. Copweld Steel ..

Budd Mig pf.. Bush T B pf ctf 2 out” a portion of the work if pos- : ! a D Butte Cop & Z. have to submit their subcontracting to prevent unemployment, Mr. Hill- | 3 "OS y midst of prosperity. hg E Il A. tories can stay in business and that | Ic hie p Pn Tl ev pf Hillman said that re-training | Gh. =; k i courses will be provided for Crysler oo 58 58 Pi + 3 Climax Moly Co. defense production. Colum Gas unit of National Association of Securities | Comuith & So. Cong-Nairn Cons Cigar | Cons Film pf... 10% | Cons Coal pf ... | Cont Can Cont Mot | Corn Ex Bnk

Burlington M.. Bush Term sible. For contracts totaling more plans in their bids. man said it was a major move to extension of derense orders to small-|ches & Ohio. . t WRy 5 ‘pf the workers can stay in their jobs. Ch Chi R I & workers who are displaced from fac-|Cieve El Im pf. 113 : -— 1 Colgate-P-P LOCAL ISSUES Gom' Cred with & S pf 5¢ Dealers. Ask $ Cons Cobpermns Cons Oil {Cont Bak A .... {Cont-Dia F Cont Oil Del | Corn Prod

I X m Indpls Water 59 pfd . Indpls Water Class A com Lincoln Loan C# 529% bvifd.. Linc Nat: Life Ins com es 2 N Ind Pub Serv 32% pid. ... N Ind Pub Serv &; pfd N Ind Pub Serv 7% pfd Progress Laundry com So Ind G&L 487% bpfd....... 87 Pub Serv Co of Ind 6% ofd .. 61% Pub Serv Co of Ind 7% pfd...128 So Ind G&L 48% vfd.. Terre Haute Eled 6% bpfd... Uriion Title Co eoM ...cevvune. Van Camp Milk pfd.....evunee Van Camp Mlik com .....eev0 11

Bonés

Algers. Wins'w W RR ¢%s ...100 American Loan 5 0 American Loan 0 Cent Newsoabers' is yaa «.100 Ch of C Bldg Co ¢%s 6 8%

Gy = a Ay

Crane Co ov of. Cream Wht ... Crosley Corp ... Crown Cork ... Crown Zeller ... Crucible St Crucible pf Cub

Wo ENE

gr. KC Soreaan Boy oh

ow OF hn et 1 et (Dt

PDTC LIND TTD =1 w

rd ow

tis Pub Curt Pub pr pf. Curtiss-Wr Curtiss-Wr A Cutler-Ham

~ /|DAILY PRICE INDEX

ry Ing Tel 4Vs 61..... +103 Consol 5s 50 - Ug Revnolds: Tavior 5s 42. T& TF Wa < 1108 Diam Match ... Diam *M pf ... Diam T Mot. Dist Seag Doehler D Cast. Douglas Aire .. Dow Chem Dresser Mfg Du Pont

East Air Lines . 28 East Kodak ...140 55 4} East Kod pf ... RiChmona Nas Works 5s 57.100 Edison Bros Trac Term Coro 5s 8% vous TO *Ex-dividend.

End 8 Jonps, vi, 1 NEW YORK, Aug. 20 (U. P.).—| Eng PS 5.50 ky Dun & Bradstreet’s daily weighted E | Ene PS 6 pf. price index of 20 basic commodities, | Eureka ‘Vae compiled for United Press (1930-32) EX. cello

{ Erie a wi

x J 4 He said the Certn-td 6 pr pz 32 313 - 11g .n I" Ya a «5

This replaces the com-| avn Corp . 2 3% FW

Ys | Gu

?| Houd-Her

2 Ta

Va |

Month Ago Year Ago High, 1941,

Yesterday Week Ago Month Ago . Year Ago High, 1941, High, 19490,

Yesterday Week Ago

Year Ago High, 1941, High,

High, 1940, 152.80;

30. 32. 13

20, 1940, 26,

8];

67; low,

65;

15; low,

133.59; low, 115.30, low, 111.84, 20 RAILROADS

low, 26.54. 22.14. UTILITIES

Month Ago ....... serene ‘ee

18.03,

—0.42 +1.90

Lead pf B.

; PWr & Lt. Steel Sup Penn. Sup 6 pf.. , Sup 515 pf.

Noll oh hd Newpt News Sh. NY central .... NYC&StL NYC&StL pf ... NY Dock "eee NY Dock pf ... Norf & West |, Norf & W pf.. No mer . “e No Amer 6 ph No Amn va No Pa Norwich hatin,

Flintkote Follansh St ev pf

Francisco Sug . Freept-Sulphur,

Gair Robt Gair Robt Gamewell Gar Gen Gen Gen | Gen | Gen Gen Gen | yen Gen Gen [Gen | Gen Gen | Gen | Gillette ‘| Gillette Gimbel 22 | Glidden { Goodrich | Goodvear

vl. Co Ind Am Ti Bronze Cigar Flec Fds . Fds pf G&E A Mot . Pr Ink Rv S of. Refract .. Stl C

f.. Tel Thtre S..R .. S85nf. Bros

14 | Goodvear

of Grhm-Pge | Grand Un i Granite C Stl Gt Nor bof Gren HD ... sj Grybog Cph.vun {Grmn Air E * | Grant Sug M&O

Gu M&O of ..

{ Hall Print .. Ham Watchp# iHanna 5 pf ... | Harb-Walk

=Y dr ‘ Holland Furn. | Holly Sug { Homestake .... B Household FP pf Houston Oil.... Hud & Man.... | Hupp Motor ...

111 Central Inland Stl. | Inspiration { Interlake Ir... | Int Harvester. . Int M Marine. . Int le | Int | Int | Int Int | Int Int T&T | Island Cr Coal.

Cop

| Jarvis Co Johns-Man ... | Jones & I.gh...

. 14

. 18%

—

High Low

i 2 28 30 30 18,2

381

4%; 38'2

[1&1

a Dp 3 Go ae

DDO NI00

— 0 a) et A EEL

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“103 22

2 Ea.

Xcts

13 10337 103

102 5

5 16 7-16

Va | Jones & Lp A 5

| Jones & Lp Kan C Sou “. | Kaufmann pr .“ Kendall pf...,

y 1-16 | Kennecott

Kresge § S . Kress

B35

[Broger aes.

| Laclede G PEs | Lambert . [Leh P Cem pf.. leh V Coal ... {Leh V Coal pf..

{Leh Val RR

: (Lehman

Lerner 'L-O-F Glass ... | Libby MeN&L .. |Ligg & My B. Lockhd Aircraft | Loew's “id | Loew's pf Lone Star Janine

{Manati Sug .. | Maracaibo Bx .. | Marine Mid . | Market St R pf. (Marshall Fid Martin Martin Parry Masonite Corp.. Mathieson ..... Mav D 8

8 [McCrory

| McKes & Rob

® Heke St

Melville Sh | Mesta Mach Miami Cop Mident Pet {Minn Hny Minn Moline Mo-K Tex .“ Mo-K Tex pf. “e

2 | Monsanto

o .“ Motor Whi .. . Mullins Mfg B. Murphy G C . Murray

. 4314 17

Sirs o..v 23

273 36

431% ila 17 30s 27% 302

203, 27%

3012

(Glenn) 27

Last

Ses ® »

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Ohio Oil .. . Omnibus of . ‘ie Otis Steel Owens Ill Glass.

Fish of 2 pf

Pac Am Pac Cst Pac Cst | 2

Arwvs Panhandle .... Paramt Pic Para Pic

Pathe Film . | Patino Mines | Penney “ Penn Coal C Pern D Cem . Penn DS pf A Penn RR .. Pepsi-Cola Peoples Dr ... Peoples Gas Pere Mat pf Pere Mat

Phillips Pet Phoenix H Pitts Pitts Pitts | Pitts | Pitts P

Freings Sc&B Stl :W

| Postal Tel °] Press Stl Car Proc & G Proc & G Pub Serv .s 2 Pub Serv 6 pf Pub Serv 5 Puliman Pure Oil

=i: 16| Bepublic Stl.

| Revere Cop.. Revn Met .. Reyn M cu cv p { Reyn Spring... | Rev n Tob B *| Richfield Oil. * | Ritter Dent. . * Rustless I & St

| Savage Armin. “ | Schenley Dist. . Seab'd Air L... Sears Roebuck. . Servel Inc { Sharon Stl. Shattuck . # Shell Un Oil 4 Simmons ...

Smith Cor | Snider Pkg .... Soconv-Vacuum, So Am Gold .. {So Por R Sug.. {So Por R S pf | oeast Grevh

Ck &Irpf

prof va: ..

Oil Prod... 3

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2036

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1338

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{ South South

Pac Ry

South Ry pf.... 3

| Sparks With | Sperry Corp | Spiegel Inc | Spiegel Inc { Std Brands . Sia G&E 4 pf .

pt :

Sunshine Min | Superhtr | Super, ior oil

| al {

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[SE]

UNITED STATES DEFENSE BONDS AVAILABLE

MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION

Gh SF GI 5) Nowa RD aan

Tenn Corp .... Texas Corp .. Tex Gulf Prod. Thatcher

> | Thermoid

41% | Truax

“1h

Thermoid pf . & Tide W A Oil Timk-D AX ... 323g Timken R B Transamerica Tri-Cont Ira «uo {20th Cent Fox 120th Cent-Fox pf 21 we {Joe Und Ell Fish 3514 Union B&P .... 8 Union Carh 78! Un Oil Cal . Un Pacific Un Tank .. Un Aircraft 3 Un Air Linse .. - Yi Un Carbon ..... 47 Un Carr Fast United Corp ... § United Cp pf... 3 United Drug ... Un El Coal vei § Un BEng & Fdy.. ? United Fruit Un Gas Imp .

-10 Ne AEN

NEA

£3 TD ad 30 a 3a 3

Un Gas Imp pf. ‘10 Un Mer & Mig.. 12! Un Paprbd tS Dist pf... | US Gypsum US Hoffman

—

ty 3 1 Yi ih

>»

®H ND Daman

des DTD drt et DOBI I= TH 2)

TADS

adsco Sales anadium Ja-Caro Ch .. Va-Caro 6 pf | Virginian Rv pr 3 Walkr, H-G&W Walworth | ard Bak A { Warner Bros .. | Warren. Br pf . a| Wes Oil & 8S |W Pa El 7 pf. {|W Pa P pf... | West Union West Air Bke Westing El

1031;

Ya | Wheel Steel

{ White Mot

"+ White Sew M .

ro - DH Dead

1 Willys

Overlind Willys Overld pf ? | Wilson 8 Co . 12 wos Iron Woolworth ? | Worthington . | Worthing cv pf 215 4 "Were pr pf. 691% 2 92 3}

20% 15 387g Tr . 1234

| Young Sheet... 37% |

2's 12%

Zenith Rad

. POULTRY MARKET MOVES

The Marion Poultry Co.

1026 S. Meridian St., owner, announced today.

at Cohen,

B s

has | moved into its new open-air market | Harris

Volume Increases Over

Yesterday’s Small Turnover.

NEW YORK, Aug. 20 Stocks maintained a firm tone through the first three hours of today's session with volume increass ing over yesterday's small total. Some leaders retreated from thei best levels, but in most instances advances ranging to a point wera retained. Some special stocks had gains of 2 points or more. Amusements stood out in volume and most of them made new highs for the year and longer, including

_'2|Paramount issues, Loew’s, Columbia ,

, | Pictures and Twentieth-Century | Fox. Warner Brothers equaled its ‘| high. Steels were up fractions to # » [point and motors had fair sized a= Janes under lead of Chrysler. Air line issues were steady to firm im | dull turnover. Oils, utilities

GRAIN PRIGES MOVE! UPWARD AT GHIGAGO

! CHICAGO, Aug. 20 J. P.)~w | Wheat was in demand on the Chi= . (cago Board of Trade today with prices jumping more than a cent a bushel before profit-taking pared gains. Other grains and soy beans alsa {shared in the upward move. At the end of the first hour wheat to 1 cent a bushel higher at $1.123¢ Corn

3 with September was up 2 to l:c; oats 3% to 2 | higher; rye up

4 to lc and beans were 13; to 2'sc higher. °s| Factors behind the advance in s; [Wheat were the strength in cotton, possibility of freezing Government {stocks of wheat and cotton and talk "lof a long war. Offerings wera scarce until the December delivery (reached $1.16'>. Part of the buying was placed to the account of shorts,

SOY.

HOUSE $3,602,000 . 9,328,008

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IF YOU NEED $5 HERES WHAT TO DO

How to get an Honor Loan—Borrow on just your promise to repay —Convenient monthly installments to fit your income

signed promise to repay. It is not neces essary to ask friends or fellow-workers to sign the loan papers with you. An at no time do we question friends o: relatives about your money affairs You get your Honor Loan simply an privately. Payments in the table in clude charges at Household’s rate o 214%, per month on that part of balance not exceeding $150, and 1259; per month on that part of a balanc in excess of $150.

Fair treatment

If you should get sick or lose your job while paying on a loan Household will show every consideration for yous circumstances. If you have a money problem, bringy it to Household. Or just phone an say you need a loan. We’re here ti serve you. Phone or visit us toda without obligation.

FIND HERE THE CASH

LOAN YOU NEED

CHOOSE YOUR MONTHLY PAYMENT HERE

Dayments | payments | payments

8 payments

10 payments

16 bayments | payments payments

$ 12.98 25.95 38.93

51.91 64.89 77.86

103.56 129.26 154.95

$ 6.65 13.30 19.95

26.60 33.25 39.91

53.07 66.15 79.21

$ 4.54 9.05 13.63

18.18 22.72 27.26 36.23

45.12 53.98

250 300

$ 3.49 6.98 10.43

13.97 17.46 20.95

27.82 34.62 41.37

$ 2.86 5.72 8.58

11.45 14.31 17.17

22.79 28.32 33.82

$ 2.44 4.88 7.33

9.77 12.21 14.65

19.43 24.13 28.79

$ 5.76

7.68 9.60 11.52

15.26 18.90 22.51

$4.83

6.43 8.04 9.65

12.76 15.78 18.77

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 loan ahead of time since you pay charges only for the actual time you have the money.

and ¢ 1a | rails registered small increases. /

Payments include charges at Household’s rate of 214% per month on that part of a balance not exceeding $150, and 114% per month on that part of a balance in excess of $150. IND,

average equals 100): Yesterday .. Week Age . MOnth AO wevrsevarronssvnen Year Ago 1941 High (Aug. MD vevvvvnnen 1940 Low (Feb. 17) .......

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MOS KINS CLOTHING COMPANY 131 W. Washington St.

Directly Opposite Indiana Theater

WASH SLACKS

Plain or Pleated Sanforized Fabrics

$1.50 & $2.95’ Leon Tailoring

Ist Block Mass. Ave.

142 46 Bis BF A C0 14204 Morse .... do § . re oh 143.31 Fraehaut Tr pf ore

Tess reverses

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HAAG'S ALL-NIGHT

DRUG STORE 22nd and Meridian

DE EY

B.E. HENDERSON, PRESIDENT

terse

PERSONAL LOANS $20 TO $300

HOUSEHOLD FINANCE

TWO INDIANAPOLIS OFFICES Third Floor, Illinois Building, 17 West Market Street, Corner Illinoi treed H. S. Meeker, Mgr. Phone: Riley 5404 os _ Sixth Floor, Merchants Bank Buildi , Washington and Meridian M. J. Scott, Mgr, hone: Rlley 1471

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Saas

FOUNDED _