Indianapolis Times, Indianapolis, Marion County, 5 September 1941 — Page 35
Ee nace, N. J. fr, (Of 1841 than in the fret half of| were spring labs and sheep. a is lighter but stronger 1940,” the Board said, “their com- BAN ON ! C G. ORDER — = Aer and tougher than preteetion now bined pet income after taxes and i i Rp companies, on the other hand, SOUGHT BY TIFF RIN which, as picture at left shows, earned -93. per cent , more income was 51 per cent higher than|pFederal Court asking that the Inin the first half of last year.” terstate Commerce. Commission be ied
io Ba, how B cents lower. Vealers were steady, used. Picture above shows how |cOntingency tax Teserves was oply pilot would be protected by shield | 14 Per cent higher, The 95 small can’t be pierced by 30-caliber ma- © Ziffrin Truck Lines, Ine, 1120 S. i Federal taxes than +n the first half| h eisine-gun bullets; of 1940, and after taxes their net|Division St., has'filed a petition in The Board's survey disclosed that all 275 of the measured companies|restrained from ‘enforging an’ order
Dyckiay's ows
pers whe just can't make up their minds are going’ to have life made} easy for them. . There won't be 80 many varieties.
WASHINGTON, Sept. 5.—Shep-|
© High Low Tast Chuare
Because every new discipline has Ads: Si a
to be headed up in an agency here,
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the movement to cut down the varieties of civilian products is shortly to have its bureau. The slogan will be: “Simplify, simplify, simpli~ fy. » The bicycle industry is the first to agree publicly to thin out its models. Refrigerator makers have had some recommendations for simplicity placed’ before them. The subject has been broached to the
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Rie makers, both in steel and d but with emphasis en steel. Practically all the manufacturers A of electrical appliances are in line
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NEW YORK
rmr—ser—s (BY UNITED PRESS. corer
; .. 30 INDUSTRIALS 2g | esterday ....... Frtestessn: 121.51 Leia | Welk Ago o.iive 1 Month Ago ..... eke . Year ABO: ...ocicevnssnocsons 133.12 | High (1941), 133. 50; Low, 115.30. High (1940). 152.80; Low, 111.84, : RAILROAD
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hs
Month Ago ....... Year Ago ; High (1941), 30.88; Low, 26.54. High (1940). 32.67; Low, 22.14. 15 UTILITIES
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3] Week AO ....o.icienneeecess 18.00
Fl + 1
Year Ago High (1941), 20.65; Low, 16.82, High (1940), 26.45; Low, 18.03.
4
Yesterday «iveceses sesneseeds 18,65 -
Menth Ago sassasensssantsees. 18.65
DOW-JONES STOCK AVERAGES)
—oa|N —0.34 —0.61 —0.9§
—0.87
—0.05 —0.05
Steel % Owens m Glass. 487,
Pac Am Pish... 107 7% 2 t Ss
charged off an average of 51.6 per cent of their earnings to tax reserves in the first six wi 301 oe of this year, compared. with per cen e 1940 period.
net. income. after Federal tax re-
a | Serves Was only 2 per cent higher.
AERO’ STOCKS SOAR
|ON'F. D. R, SUB ORDER
NEW YORK, Sept. 5 (U. P.).— President | Roosevelt's statement
Althat a United States Naval ‘squad-
ron will attempt to “eliminate” the submarine attacker of the Destroy=
Earnings of these companies be- | | fore taxes were up 82 per cent but
issued- against the: truck firm last|¢ June.
_The order prohibited. the Ties
the Commission's ne “capricious Be Sion oder.
a mien "t trouble asi ego
tr I si te some c. € has as
hardship on shippers consin and Minnssots. ares,
Willkie to Join
order jeopardized a $49,-|1100-000 investment and has worked a}Good in the Wis- 750- 9
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Steers Arr mm nn 3 90 pounds a irrareenss is J
00 pounds 900-1100 Sounds cee 1100-1300 Bois 1300-150 00 pounds
750- 1100 pounds. avevssossnss By 1100 1300 POUNdS eeconcenssse 2.38
CT50-1100 ) pounds
er Greer hrought strong demand}: inte aircraft shares in afternoon
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. ¢ | ; ; 3 ! ; Af i ; i hs i iy J Mother Hen Plan Wauld Help Smal Frm) } 1 {Lar Firms Put Asidg a Here but Sheie Are Several Missing Links Bigger Proportion, | 9000 Porkers Are sont priorities meeting at the I. A. C. yesterday went away dis-| [2 ny corparations set|. ; 48 \ Ten appointed. It seemed they had come there thinking they ig : ag 38 nner SIB00 « 11.85 HEEh 3S. coerrnrceeieives NWF Sept. ® Leceicnnccnssnnie 11.90 Perhaps today’s announcement that President Roosevelt reated an OPM subdivision to hel small firms get de- . has crea nO Pp g Livestock salesmen obtained 10 cents of a 15-cent increase gts ington that didn’t pan out that they can’t be blamed for | | keting Service reported, . being skeptical even about the latest one. Slephen Gilman, vice president | All weights of hogs and: sows made Society, will speak at. the I A. S. 200 to 210 vers. -pound hogs. - Forum meeting at ‘the Antlers Cattle trade was mestly ‘of the’ Marmon - Her - TR TENER MODELS practically live off these concerns. 3 :. 5 Myon Green of Less Variety In - Civilian trying to promote more of OBI of RN fre NRE ing business but 9.» ¥ : + Roger Budrow 1%, 5 gifficult i do light metal stamping, too many ‘for the heavy defense work to be ‘ lacks enough” heavy forging facil- : ities, lathe facilities and autoThis makes the “mother hen” plan hard to work out. Anether stumbig plants are overwhelmed with|; . defense work already. And the top Walter I. Longsworth, Chamber of Commerce president, was comparing were in transportation and in the So A ; EC Rr ’ mething is to be done with indus- Net ; men rm hotce— : coal supply. We don't have those trial packaging, beginning with steel |; High Low Last Change |bonhacdlo stock dealings teday. Invest ; Gugrs0 BUUREN rar rdess ee LEGGE practically every manufacturer 8f, oo. wis po the new regulations a aay VL $4 7 - Chote eT LI 1 1 “ene oxy selected sugars and specialties were _ | Js0- 00 DOUNAS ..\vveess feeling the pinch. on installment buying, the pro- rab. i 3 8% #% — |B n ar 3 8 a strong. -Aireraft shares had moved nomination as one ef six new di Good— 0 Doty. oeorserirrs QI tion in the amount of aluminum terials, fre now being sppreached Ia s | Francisco Bug. 5% : at 2% ES velt’s assertion, heavy demand |resources, it wag revealed today. He “500+ 906 pounds reese ne 9.00 on I ; on this fourth front. | Freept-Sulphur. 40 0 cree orp Am .. 6 swept into the aircraft group and|will be elected at the annual meet- : Cows unds, has Gar Sood lid i tive feat firmed % to ition Mr. Willkie . had accepted | ° diana donated 365,000 pounds, 5! Zin God Wd nd pf 4 active feature, firmed % to a jew sition a little more yet to be collected, meals t en defense 430 nda % Gen Se . high’ at 10, Douglas jumped 1% to|since the Presidential election last 4 ; 8 hold, with fense charts would have been an- cow Plymouth oil .. 1812 — highs. Glenn" Martin spurted 1% |a director of the Federal Insurance| Go ag the les dE ee pound. nounced before this, except for the Gen Out Aq ostal Tel pt. i 10% %!to 305% and United Aircraft and|Co. Mou od Coin re : 2% fractions. : ODDS AND ENDS: The OPM re- ment between OPM and OPACS had | Aithizen ih det i, 3m uw Bu TY Sugars hed gains ranging to 6 AYRSHIRE i ATOK A Gommon and medium ports that work on‘850 housing units to be ended. A Sy ot oh points in Cuban-American sugar 7| FL preferred. Many new highs were layed by lack of water and plumbing f op Tr (TS Flo ors here, .fol- | Atlas Pdr ..... 71 4 Rion Corp’ « 4 : 500 ounds “000000000 $10. equipment, is to announce a priority | lowing the visit of Bernard M. Aix ear pi... sat shares. also reached 'new highs. ; : £1050 DOURAS oevssssrresns AA - Rashes 8 Rails held steady despite indica-| Avrshife Patoka Collierles Corp, Gh «corh is denting, some being cut fori, o single agency the wark of simsilage, some soy beans are being cut|pjifcation, substitution, reclama-|] | a net profit three times greater than Comm Grumman A 560- 900 pounds Guant Sug Weather Bureau's weekly Crop re-|i, oot along with fewer models in port. . . . Thus far the Government io erchandise, use less of some in Indiana and private industry has oston & fe .. go te the rubbish pile. rew 6! CHICAGO, Sept. 5 (U. P).—|$115000 - Regriy Meum. LL oh T %| wheat futurss forged ahead to new| $29,000 last year. ° contracts are expected to save: two 8 large Indiana concerns from com- and Allocations Beaton Ioaly Jre-5t = ih pa : Wa Je Ete al} i aes: Ni hs , | period in which prices were held in pared with 1,834,428 tons the pre- Medium” and good ’ B Bay i i s we ro} ans Ne: : 1 — 4|check by scattered profit-taking. vious year. A new strip mine and |© boats and She Seivel Ierigernio: palgn. In SmplIeatir. © tans 4 s 5 4 concern. at LVansv - | facturer would seale down his vari o . ‘Collier ~ | Bulova W 5 ingersoll Rand .10814 Socony-Vacuum 9s 8 gis ©.."|nigher with September at $1.16%.|View es Corp, a wholly standargisstion all he i y Vea oo * afin op: Jat Am Gold 21a 2% .... |Corn wasup % %0; oats % to 5ic|owned subsidiary. The mine, with : produets much alike. 3utte Cop & Z.. ; 3 oer terlake Ir Bu pr at Nat cu 3% : LOCAL iBSyks In reducing the spread of mod-|Byron Jackson. 3 = fi Harvester -. 5414 : E ih Ry... Jan, 1 Felents’ Spa ome: top: Boi oS Tet mi search fH unit of National Associa oh gopuritios sizes throughout the industries using i Int Mi 5. 3. see t 4 ; rt oan level 1urtnaer e way De Stocks sia. Asc metals’ a number of henefits are al nan, Int Nickel... 28 5 44 Si Be i n 5 5 STATEMENT ; fan diminished and wi - scattered buyi |ing prices rallied quickly. Much of Sept. 3, com- gn
MOST OF THE 500, BUSINESSMEN who attended:the| aw vom ses 8 @ HOG PRICE nANGE Aug. 30 As sauane seen they heard about was all the priorities red tape. i Sept. 3 Atesesseeseans sees what. But they have heard of so many plans from Wash ; y E» : “net come after ta Xi Tor Doge, at. the ao 12 for some time have passed on a good to $12 on severgl loads on choice” portion of their work to smaller ones ~—Allison; Merz Engineering and “New Trends in Accounting. » for bulls, which were weak small plants here Commerce is Manufacturers. ken” way of do- * apolis has too many concerns that * over the country. And ~this city « thing is true almost everywhere, a big plant to head it up and our work to do. World War I. The problems then for the new industrial Puritanism. war demands so much material that | “yo ioc which have been feel- pl gl £3 | Bars Bie a pk. ia "35 oi: |list was irregularly lower, although! wenden 7. Willkie has secepted —— INDIANA WAS 11TH in the na- |the effects of the rationing of ma- Immediately following Mr. Roose-|vestment - trust with $57,000,000 in| com: 800 pounds «...oueresses [email protected]° fense, according to the OPM. In- ! Soir Robe. oe level in years. - Curtiss-Wright, an|' It was ‘the -second corporate po- | Cu The: aim is, of course, to spare| An Vis p oa 1 oes for every household. Rhode Island |3ctivity. Its new unit in the de-)Riuoien;) i : Goh Heotric) ox g% | Boeing at 32%, up 1, hit new nominee. -On June 4 he was elected 5 s11eesetaeasnaseraeaeey Dr det r & or se 99 first to be simplified. - The argu- . Good and choice J : (Receipts, 600) unification is again moving over TRIPLES ITS PROFITS. Steers soft drink and department store| Cholce— housing work. . . . Most of Indiana’s| Ope of the plans would combine A| Gianhy SR . 3 i tions: had d reached a stalemate. ters in: Indianapolis, today reported| 545-1000 pounds ry asi 8 ish Spas ta es OD apples, according to the Indianapolis| won1q aim, to persuade the public Gu. M&Oh 1. 2a T T : 0 $441,883 in the fiscal you ended| 500 ‘bounds [17 RA sey swan Ml BY : June 30, with $148,966 in Calves (hojfers) ' OO oe vase industry has | LIC industry the things that now Borg Wainer 0 3 18 bh 5 GHICAG 1940, a Yhis sear were S20. pounds dows . 0.501208 compared. . ; to OPM report. . . . Recent defense reetar of the new supply, Priorities Board of Trade today after a shart|tons of coal in the 1941 Year, 0om=| coq and chores ‘company got a large order for life scribing the forthcoming cam- Bud Ill Central eT. 18% wheat was % to % cent a bushel Hlinois, is being developed by Fair-|Common and matin rhe Chis . manufacturers would be turning out |g Interchem pf . beans were 12 to lic higher. expected to be in aper ation before Hogs _Recaipt ts, Sone: A apaals . Namifai ‘Ggatanans & ocai | €1S, brands, varieties, numbers and| = 3 ves 1 1: ne Soi i opening. , however, Agents Finance Co : Canada Dry . 5 a ern. Would Save Metals
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SINE) Survey Shows. © | To Stockyards, Aug, 20 eeecanasavessscese 15.00 would learn where to’ get the materials they need." What i Sept. 4 Sect vacntannasnten’ “hu 12.00 fense work will cheer these anguished businessmen _some- 3 for hogs. at the ianapoi Some of the bigger firms here of the International Aecountants We ddvance, boosting the tep. ps Hotel. at 7:30 p.m. Menday on |cleanup kind and prices were Steady to : ample. Some a¥ the Chamber of Products Asked of this “mother preposition; For one thing, Indian- . had. The same thing is trtie all matic screw machines. The same bling block is that such a plan needs executives already - have tee much the situation today with. that of troubles now, .but the mechanized drums. - 32% 21% 2% + 1 JParamt Pict ... 1 During the forenoon, the main NEW YORK, Sept. 5 (U. P)— 500~ 750 pounds a «en [email protected] 2 x 8 posed excise taxes in Congress and ints : narrowly. rector} of the Lehman Corp., an in- | pediu Pots and pans_ii donated ta. de- Not “Standardize” Ge Phila HE fr 85 . Be lit moved up to the best general ing at Wilmington, Del., Oct. 15. Gn which means about .38 of a pound oh Bronae, 1. " du 78. Lookhesd at 31%, up %, and|fall, at which he was Republican |Beet— 4 # variety of plans here. These had procter & G 4 30% 3% 59% — | Consolidated ~Airoraff moved up : Vealers hn Al Feeder gnd Stocker Cattle -| The spirit of reor anization and at Charlestown, Ind. has been de piri g ee A ey ; Goo plano speed this-and other defense| parych to the White House, Em : otham rgd ‘ : Se tions that ourrent labor negetia- (coal mining concern with headquar- 00-1080 patna ia for hay but there is a good crop of | tion ‘and conservation. The director hes year as Guant, . Suet pf. 53g WHE AT ADVANCES Net profit, before Federal income |aood and chotce— and excess profits taxes, was|,200 pounds down ...... has loaned or paid for directly $245,- products and save up and turn back Boeing Air | provided about $28,000,000, according | “penalg Nelson, executive di- Bd font ross .- i ; I SHEEP, LAMBS seasonal peaks on the Chicago] The concern produced 2,080,732 » LAME plete shutdowns. A Kokomo stove the word “standardization” in deith A O At the end of the first hour, washing plant in Fulton County, Good Good 33 choles . | Smith Cor T .. 13% . million dollar order for cartridge glies, but : 3urroughs .... em ,:... Ya 22 : So cai Bug. 184 higher; rye up % to %c,+and soy an 800,000-ton annual capacity, is t Harvester .. 54! A ) of profit-taking was noted at the Agents Finance Co Ind com... T% # |sought. These are: an Pacific ... 0 the demand. was credited to early
&, Btk Yds com. 1. Saving in the use of metals, |SoD
Belt’ Gential nd LA through doing without many agces-|Celotex sories bo
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nn one § R 8 wow owe WK | Sl fe J: Bul 2 PRICES APPROVED cots
Seite euCo: ..,,| WASHINGTON, Sept. 5 (U. P). Scie xw _.’®|—The Agriculture Department announced today that an amended Taio 3 Federal milk marketing agreement 8 for the Chicago area, providing an
2. Avoidance: of price increases S due -to the higher overhead costs ey which regult from a decline in pro- o Indpis b&L SYat ord ] duction, when thiz follows the raIndpls Pal Ol 50 “ 3 19%! tioning of materials. STaapls Water Class A com 3, Providing the steel mills and fine Bd P other supply industries with larger . N Ind Pub Serv 5%a% pld <.. "101% orders at one time, making it pos- Ya N ha "Bn “Ser” at i i ele for tiem Sir. longer TF fEmeen Erogress Laundry com, 1jo. {1na Wwithou anges and the Colfaie TF 1117 B60 |Lackde g .... Pub Serv Co of Ind on fs Pub Sery Co. as, 1% p 3 13 hn At some date in the future it may|< Terre Haute Tie 5 6% pid. “108 be necessary, it has been suspected Union 1 Title So CO vusaienares BY ooo for some time, to merge the manu- £855 6 Van Gamp Mi Shin § facture of civilian products which |Gemwith Edison 2334 are now made in a number of con iterate «. §
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Kalamazoo S&F 8 4 | Kaufmann D8 . 14 aufmann of. .103 ennecott ve 3 8 | Keystone sti. Kinney 5 nf.... 3
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14 =
LOCAL PROBE
increase ‘of approximately 15 per a fives, sit dew. as. Sent IO BROdyoers: will become ef- ie. al eaphered: 188 ne yo and = Seng Se font. The amendment was a approved by. th ih rin lagers 3 Ea thn Bi em es slg Re five producers voted springer, 3 be: and’ 2 i 2 Legtor against i. hom ringers, 2 lbs, and over: 11g;
The amendment, which bases socks,
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WAGON WHEAT ‘of the Chica mills 4
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24
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Bends i Teun Togo £8 Gb.1:eo: cerns, either to free thelr plants for| Con = Cent emesis o i re .
armament werk.
defense orders or keep up industrial Re : {acitivities in. cities Joi aga adapted to] ge
5
-
re SERRE
Ih
=
on prices paid for evaporated milk, would inerease producer prices for
prices for Class 1 and Class 2 milk [2S
Bu ae; et aie ah ek io % i Kad! jane or unbEy || pickup Grices aired
P w. urrent receipts 54 .bs. and up. | ele a rs oF id per o. ; No. te 2C
8 white sh [1 ic; No. 2°rad
vo| 2311
RGIS AS
Citisons, nd Br 8’ el aes Conso .
Crash gesholos asia ‘6s 48 ome T & T avne
2|Class 1 milk from $2.36 to $2.70 = | hundred pounds “on the basis of July quetations, and Class 2 prices from 8197 to $222 a hundred pounds.
OTHER Ee ives
UB)
Sens_ Oil much easier if the a iw a s Coal |simplified, even standardized, and “| the separate trademarks sould be maintained.
OIL MEN THREATEN | i a
Corn Prod of. 1757,
00 NOTHING’ STRIKE =:
- FRANKLIN, Pa., Sept. 5 (U. P)—|& The Central Pennsylvania Oil: Producers Association today threatened|Cr a “do nothing” strike in: reprisal against a government order slash- S
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.
173% as 5612 A... 21% 21% «oo 663% 66% —_—M 317% 31
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FOOD PRICES
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® {HLT J RE 3, AI 4 i AM oe : ; i oh 28% «24% position to the oy cut od artis +1 * & 10° a nt v a . : 13% 13% | , Y H| Al 3 by Price fa it. Glrtsiowr A” 3 T Alhim Bef 5 Fi se ofp Leon Henderson, which froze Pénn- + | Bavison = br Minn Hny Alife 3 UIs Va-Cara.€h ..,. 1% " 2 : For the an Fog 5B, 20g, Arte Hit H IRI of amet, Ds 8 TC Ca derson was without legal Youer to oo 243) i da By order the price cut, which restored |Ri¢ #%28 Ro N- ns MB. levels prevailing before the nfth 2 118 ja uray be bs RNAV E Ea 4 gos : 2 as, | aa Dun & Bradstreet’s daily weighted |E°S, oi is i BRE gee. 1915. vate I. 4 | HAL for Careful 44 ToT ARCA 18 : price index of 30 basic commodities By : 23% im / J ; cove He pt Tames 23, ’ 2 hae 1 eas {compiled for United Press (1930-32 "|average equals 100);
sylvania grade crude at a top of : to i Cu choles ot hese gee hand: » ir ane 293% esterday RI RE RS 145.90
$2.75. a barrel. David B. McCalmont, president 8 nis + Cspired by cost) "stom. Shr i o ‘comfort Bu Pont [i188 188 3 = N it L...-92 ” 1 5 ay 98 : AUTOMOBILE in effect Aug, 14 pl. 2 qi ts be hy TO $ Sniop By Mu Bp Xd i dl INLAND MARINE -BEJNI RY PRICE - INDEX Vagal : TM RID | NEW YORK, Sept. 5 (U. | ol 11 ED meena 14388 Bie
€ | 5 lo] pos | 3 PTs at Substantial Savings
