Indianapolis Times, Indianapolis, Marion County, 13 September 1941 — Page 9

Boing Si fy pe 4

i | rs

SOY BEAN PRICES|

SAG AT CHICAGO

£ . 4 Pull Grains Downward Also; All a

7-Cent Loss Is Cut Before Close.

CHICAGO, Sept. 13 (U. P)— Soybeans showed firmness at the outset on the Chicago Board of Trade today, but slumped €3% cents a bushel in later dealings under the weight of further profit-taking sales. The downtown uncovered moderate. resting. order support and

with buying credited to profes-|.

sionals the market recovered a good

part of the loss to close 1% to 2% |4

‘cents a bushel lower with October at $1.86%.

Brokers attributed the downward |’ band to a weakened technical con- [4m To

dition brought about by the recent

sharp advance which carried prices more than 50 cents a bushel since A

Aug. 1.

. Armour Wheat and other grains ‘were An y=

affected by the weakness in beans. Wheat dipped more than a cent a bushel before encountering resting support which checked the downward tendency and caused a rally from low points. Volume of trade was small, apparently in view of the pending resumption of

angor & consideration of price control leg- Bangor &

islation.

bushel lower with September at $1.18%. Corn was unchanged to off 3% cent, September 7%c; oats un-

changed to % cent lower, Septem- |Blaw-En ber 51%c; and rye was unchanged | Bosing Ale"

4 cent, September 75%c bid. RANGE

to up 4%

Wheat

1. 2, 1.27% 1.28%

"a1. 11% 1 +1

13 1.26% 1.26% 1.28

1.26 1.27%

io. .. 1.27

July.. 1.28 Corn—

AN ‘May.. 89% .

Oats— : xS8ept. .52 Dec... 3%

N9% /

A 78 ne He 84%

88%

55% 55

90% i}

May... .55%

. Rye— % t. 3 “Faep Auth

Mey: .. 84% 8 Soy Beans— -xOct.. 1.88

et... 1.90 Dec... 1.91 May.. 195 Lard— t. 10.9 gx 1g ar. 13.07

Wheat—No. 1 red, $1.18%: No. 2 $1.18%: No. 2 hard. sLigk Ro. 2

§ No. Se 38;

0 N 188 1.83 1.90 1.91 1.95

BHEOS Histits [LSE RR=33T =

ho pak ht bi

red, ark

Vly, Je eliow hard, 1.18@1. 3 H 2 2 mixedg (smutty), a

ellow, v, 14 1 Hig “oars; X Ne Ty jo. ° ts—!

Tar 3. ® nixed.

No. No. C 41%c; No. 1 while: Ki she: No. 2 ‘white. | C0 & Bie: 3 ei 2 mixed | go} ial heavy, | Go

No. 3 “red rane ATV 04d. No. 1.9.

Shits

82¢. nominal; Teenings. x Wa Nag ash Provisions—Lard, TH loose, $10.85 nominals feat, 1; bellies, $12.37 nominal.

. LOCAL GRAIN

CASH Wheat—Easy; sceipts,

"red, $1.05 106 No. LS a1 0% RT $ellow, 0@70 Aci, No. 33 te carn: Ps Mi Sk No.

cars;

Slow, 68%2@10c; over yellow; Ba under yellow, ee D. No. 2 ipts, ote . eliow, [email protected]; “finots [email protected].

gay

a8 yeliow. #5. ' WAGON WHEAT

pt HE lose of the i mai CF

for. No. 3

PITTSBURGH, Sept. 13 (U. An Investigators of the hee of Price |; Control submitted . the

FINAL NEW YORK ST OCKS

> By UNITED PRESS

SSE TREEERILEEED

Yesterday oc.cc.cccooceccsss 127.18 Week AZO ...ccooerceseecces 127.26 Month ARO cccocivecccccccss 125.06 Year AgO ...cocv0nne series 128.38 High (1941), 183.59; Low, 115.30. High (1940), 152.80; Low, 111.84.

> ry

RSE Ho

Yesterday ...... Week Ago Month Ago ...... Year Ago -«..... Sedhmennee ve High (1941), 30.88; Low, 26.54. High' (1940). 32.67; Low, 22.14. 15 UTILITIES

essesssensescsscae

BII0O 8 et 00 CO) tt host DI COD a

sssssvseess

SSSR ae

Am Com “Alc... Am Crys Sug.. Pw.

Beatie RN bobbi HELE 0 8

\ nm Month Ago ......... ; 18.31 Year AO ....cvecuvenn. canes BLS * High (1941), 20.65; Low, 16.82.

High (1940), 26.45; Low, 18.08.

il ES

sessosse

030 - a BRA Aaa aa st

>»

. . tae

11%,

Gair Robt Gam 15%

ewell AB 1878 Wood Ind 4%

1" ty & U. | ¥ tefract .. 4 tl Ca pf. Bh

Ba Wheat finished 3% to % cent a|3at

gen Gillette 8 R Gillette S $5 of 4512 bel Bros. .. 9 fobel, Adolf i pich .... “19 oodrich pt Jovdyes

Tes

Hos pf Oh am Bate | jranite C ho t. North t West’ sug . réeen H L . rum Air EB .. 18 18 Gulf Mo & Oh. 3% 3% he

FH ELE

28% 35%

ONQANANQAAQ 2

Ham Watch 13% 13% Ham Watch of 1073 107%, Mfg ... i 2%

Itt]

9 16 4% -

org Warner .e 5 t Brass ... Hud Bay M&S, Hu oe “Motor . 3%

Bad

FWEPWRHERNRRR Re

[Il Ceniral [ndp is P& Le. "18% nd; Rayon ... 31

O00 ei?

CID het pea 0060 Ub

L++1+1 1:

Tamme sues me anesee se mn

Cee

bt [1

ers Dp yroh Jackson

‘al Packing 114 & H. 13%

‘Canad

Tasos 4 st D8 ..... 13%

alumet Hy ay

: Eee EEE gets ®

‘an

Chrysl STD or mized, v1 8

7 “shane: No.. 3 yellow, 18%0 =

. Com tons C 11.25 nom-}¢

1|C Los % 04; ged Ngo Se ont In receipts, 51 cars; No. 3 gh

is Co Johns-Man Jones & Lgh .

lad. ©

. 10 10% . 69 68% 23% 23%

——

Kan C Sou a Rayser eo: 8Y B 6 Kennecott 2 [Rresfe DS .. 5% Kroger ‘G&B .. 38

DELHI HE HE

Lill a: £ FEF ee "59 he | 3

Fes & =

Leh 8" Gem G na 3 it

W'S Lone Bell A .. - Ra

Loose-W Bis Lorilla lard .

pdt DAU bd gb

FEF ERR

tea -

Mack T¢ ives 31 is +e 28 matt Sug ve 8

17 ti all fis; 31} artin. Parry sonite Corp 26%

Moda TAW

Sie Ei)

SELSaR BENE FRE

ACI Apt IAD CI ® BH ooin 00 mn =a 3009

roy ps aa LD Se Bona INS Ly ee bt Fhe Gren B33

Son

SRE BRE RRS RAE Shere rll + «

1d of nl

228 5

} ~ qr

au ’ [md ~e

REL 3

Cy em. 1 2 Pon! ears : 16a 1 2 ——

—

Prbn hr PELE

Firs

Sabet] Lo 4

FULL LH TE

oa =

| DOW-J ONES STOCK AVERAGES

+0.10 +0.08 +0.09 40.15 +0.64

. | Deere & Co ‘_o | Gen Motors .

| Net men Low Close Change

de +

bi br] Leb

Riis = ; rf ae

Tas

gegsges Q k

| Saturday. 2161,000 shares against 76,000 a week

; Packard 2%

. geaadadd

20 MOST ACTIVE STOCKS Sales > Net (in 100s) High Low Close Change Aviat Corp...25¢8 4% 4 4% + % Curtiss Wr... 93% 9% 9% . Yellow Tr ... 155% 15% 15%% Erie cert wi . 5% 5% 5% Socony Vac 9% 9% 914 Cons Airoft 47% 45% 46% 21 26% 27 391% 3914 391% 18% 12% 18% 873%; 84K 87%. 28% 21 28% 4 4% au 17% 17% 11% . 26% 263% 26% 195% 19% 19% 3% 38% 3% 19% 19% 19% 30 20% 29% N Y Cent ... 18 12% 1214 12% Warner Bros. 18 5 5 518

Stock sales approximated 230,000

shares compared with 240,000 last Curb Stock sales were

. . oe ee RoR

Lehigh V pf..

OF =

oe =a

Pepsi Cola ... Pac Tin , Nat Biscuit U 'S Rubber . Goodrich . Gillette Int Paper .. Woolworth ...

ry @ on

80 64 48 42 si 24 238 23 23 21 20 19 19 18 18 18

PELE Lg EF *

earlier.

Net ‘High Low Close namie 2% an Am Airways 17 17% £8 Paramt Pict .. 15% 1ai 1 is ... 29% 20%

ee 1 «. 14% 14% . i 97 10 53

3% 22% 28%

“4% Ys

H+: PH

il Bitts Sc & B . 5 dgstal Tel pf . 12% Press Stl Car .. 10

Lilies

Fae

iit it

. ee ve

ens oil. ustless 1& 8t 1&8 p

iad

I H+:

eway wad a 1

£% Fran of 6 vage Arms .. thenley Dist. . Hi henley Dist pt 94 a) ak Sears Roebuck. vel 3

112 = 113% 4

Fa,

a 00403 €O

O03 NCO abt ON! FE

Snore w ‘ >

S300 Gn a £309 HEN =I in

ibe

CL MRR SEER 30083 g Se . -- . >

o BY uf With ... pice By oe Shisser el Inc .... uar a Std

CIC DIit put but DI bd pd Pb DI CI Iet «300 +4 00 «J LIDI I =T SONS

63 ety Bre rabarans BY LIS Lol HL +5 HE El ae FLL

ANWR ODIDI=DIDIWE) NOD JOH

SSE a ee es Eg

Sey

SONRSNE SNARRES

Cb LOB

ODARD TDI +s Cobb toby

ES RS

on pl:

Nd RNIN! 0 a a

Ne ins ' ran & W 2s Fax Tes eae ion in t- Fox

20th Sentry 4 Twin CRT pf .

‘oe

mE 34 a Ge

HP Union hg os ‘1 Un oil Cal: .... i

Rees Bae 3 S

Com

: dood and chofce ......,.aseds

Ey rit rats oe a orl] use, them. stand. Others defend the rents here by saying they. are not out’of line. : The Federal Government sent a man here three weeks ago to

about it yet. Sn i What is the rent s

the story of food crt, elt, es a eae od lv Indianapolis since the ‘World ar . It is made

‘Government's own statistics, those i 0 Buen of Sot Bete A -. . . 5 a TAN

THEY SHOW THAT: ‘

{mom the

“They are availble to anyone Who

else—food, clothing, . utflities, sundries, housefurnishings—that. the

{ average family has to have.

he ‘Rénts here went up with everything else in that “hoomlet” of - 1937—but whereas everything came down again for awhile, rents went

ight on going up.

3. Families who can’t ‘afford to: pay. much ren ‘are

hardest,

Ee 1 ke, thult wiih thls hart, 16 shows whgt rents and the

other items were on June 15 this year but ‘not. since. Bureau of Labor Statistics’ made its usual ‘quarterly ch

This week the

Indianapolis. But these figures will not be available until about the 20th of next month. But certainly they wil show that rents have gone

. even higher.

8 8 =

ONE WORD OF caution in studying the chart. Those figures at the

i. left are not dollars, they are index: figures.

FEW HOG PRICES | CHANGED HERE

Weights Under 160 Pounds Marked Down 25 Cents; Top Stays at $12.10. "HOG PRICE RANGE

Top $11.95

Receipts Sept. 6 cocecscntaccsnnscss

Sept. 11 .iieoseebosces Sept. 12 .cieesesonsescssne 12.10 Sept. 13 ... . 12.10

sevens

same as yesterday's, the Agriculture Marketing Service reported.

Only those hogs weighing less 1 ds were changed, and NY

than 160 they were marked down 25 cents. Today's top price good to choice 200 to 210-pounders.

An estimated 50 cattle, 50 calves, Phoenix

1000 hogs and 50 Sheep were received.

Good and Chol 120- 140

8 secseesteass

ins rees all 08 ' essves 11.65 venens 1

Good and Choice— 300- 330 pounds 3%: 380 pounds :.ieeesiieses 10.

380- 400 pounds veins 2038 400- 450 pounds . Nets 10. 00 | 4 500 pounds ; © — : 250- 500 pounds ...ccececsnes Siaughter rip.

Medium’ and caad-— 90- poun

120 . 10 me,

CATTLE Slaughter Catlle & Vealers (Beceipts, 50) Steers

seoesvosven

IS 1S . nds .... 1

rite tediur 750- 1100 pounds 1100-1500 0 poun unds 750-1100 Pounds ......oceense Steers. Heifers

Cholce— 500- 750 pounds ee kbann vey Good— 500- 750 pounds

esssss0eeno. escdsscssssse

[email protected] [email protected]

®sssecceseen ssscc00nntes ®scstossesse

séseecebosese

sss0sessenesnses tsc000000 sesebens anes. sess avwe

fi snd i iia ~

ssssses

Bulls Beet— (Yearlings Ei

GOOA .i.oc0s0c00csssscscssns Sausage—

+00 s00000c0s00000000000

Good and choice ..

sensnvers 15:50 Common and medium ........ 9.50

‘Feeder and Stocker Cattle % (Receipts, 50) Steers

seesssssssss.$10.50 ds ..oooooiee $1050 11.25

9.180105 [email protected]

ojce— 800-1080 bounds 002 ado und - s 800-1050 Pounds sosssssecsnns Medium - . 500-1000 pounds ceeccsovenees

POUNAS sceosssvcccoe

6sseseevsetce

9.00@10:00

Good and cholice— atunds down : evieieannes/11.00013.00 500 Dounds down ..eoeeinveee [email protected]

» Calves (heifers) 23, Dot down sesseasagane [email protected]{ C¢ 800 ‘bounds down 3.50810.50 SHEEP, LAMBS (Receipts, 50) Lambs (spring) fostuand end CHOICE. vou isu esses Sevesasins evans gee

ROO cicocscsncss « Ewes shorn)

500 poun

sssuaseccons

Common and medium ... secebese

OTHER LIVESTOCK

PFT. WA Sept. ‘13 i. yo cents low +g

Most hog — ices at the Indian- Int ere the apolis stockyards today Ww Len

was $12.10 . for}

[email protected] | 88D 1.00@ 9.00] Ind Asso Tel Mich

11.50| Lincoln Loa

b Serv 1.50@ 9.00 80 nd

Index figures aren’t as

Curb Stocks

Net High Low Close Change

[+++

Fae

STE 50 (3 1 oobata LI ot

woo R

FRESE RS

a — LL i PELE Fh

Pry 3548 3929.4 OAD 4 831 3 1 bt ED EE! pb fh pb eb pud fd put

SEE sees

2.2. i

IQA QC I £53 oF 8 8

42S 833

orem

ge > 3 = D301 GEDIBI ~T 300 Co BI ih Tub 1h 12 G1 GD OY a

oho

00 Da BNOOD IO Be Sie De MOOD -ID ea CN SY . |: ae

FREES RETR win Ze Se Ten FREES SW RE SESRRERRSRRSRRS IRERSE 2 8,238

3 an eo Oi

- om -*

ana Sra

®y

ey B01 03 = 14 00 CD F

335020

BNFSRRSERERRRS

2 1

Taggart Bros Ph! ona t . Un Gas 3 Pos as Co Un git Sos,

. 10 % 9-18

SEER HE

Lo onkd De

3 sToues HOLD FN

IN DULL TRADING fis:

NEW YORK, Sept. 13_(U. P.).— Stocks held firm in dull trading to.|day. Bonds were mixed ‘and. commodities moved narrowly. : Yellow Truck featured stocks in volume, while J. I. Case at a new high of 87 registered the best gain— 3 points. Several other issues made new highs for the year and longer, including Colgate-Palmolive at 155%, up %; MclIntye. Porcupine, 37%, up 4%, and Brown Shoe, 37, up %. Aviation Corp. turned active and moved up fractionally. Other air-

crafts were strong. Douglas gained |$

a point and Consolidated nearly a point. Railroad shares were very dull. Steels had a small turnover ahd moved in a narrow area. Motors were mixed with Chrysler easier and General Motors registering a minor

. LOCAL ISSUES

Nominal National Asse furnished by loca 9 Lnit of N al Association of Securities | Cl

Bid nn

Stocks

Agents Finance Co ind com... ance Did. .

Tak Pt Fy 1% Ind pid: gir das

ind Ge Serv v 6% oi +1109 Ind Hydo Elec 1% ~¥iy 43 Snaps P&L 5% % Dd. voi. Ll

P com nas Water 5% pid dpls Water Clast A £OI 4» ‘ n

“oi iad. Tho. 60 4.8% vid. Tid g

gers. Wine’ w American

cen ha Bi i hy a 1 Fin 5s 50"

EET, ne"sibe 4g 1h Bht"E 3 Kokom - su i :

# Wayn

al is

Months MR

"These index’ figures are Lased on’ “100. Because the years between ' 1085 and 1939 were partly depression, partly normal times and partly aye Si pi Sa pepe, the Governthent chose them to be the basis of comparison

yn So the average rent you paid

‘probably paying more now.

ee x those years between 1935 and 1089, tis Well call 100. Instead of paying 100 now, the average Indianapolis in family is paying 1143—that is, it was on June 15 this year. It is Nothing else here has gone that high.

‘But there is something to be said on the side of. the landlords. fey. claim that rents haven't gone up as much lately as have other

things. That's partly true.

~ From the middle of March to the middle of June, rents in Indiane _apolis increased slightly over 2 per cent—2.1 per cent to be exact Food costs here went up 7.8 per cent, clothing only .8 per cent, house1, Indianapolis rents are ‘higher: sropmeionaiely than anything ‘furnishings went up 5.8 per cent, miscellaneous things .9 per cent, and fuel, electricity and ice costs went down .1 per cent. The cost of living for the .average family here went up 3.3 per cent. Thus it will be seen that in those three months, on a percentage ‘basis, food and house furnishings went up more than rents, but on. the other hand, clothing, utility bills and miscellaneous things didn't

“being Ble the 0. up, as much as Tents and one actually went Sows.

ONE THING MORE. The “little guy” is the one who's being hit the i

hardest—the family that is paying

less than $30 a month rent for its

eck-up in home or apartment: About 18 out of every 100 families that pay $30 "a month or less had their rent raised between March and June.

And

what ‘is nore, it was raised more proportionately—2.2 per ssnlmtian 1 was the rent for the higher-income bracket families. : Out’ of every 100 families paying between $30 and $50 a! month rent, 9.4 had their rent raised. It was'raised an average of .5 per cent, : Out of every 100 families who can afford to pay $50 or more rent, 6.7 had their rent raised an average of .8 per cent.

JONES PROMOTED BY PENNSYLVANIA

J. B. Jones, who for the past 10 months has been superintendent of

the Indianapolis division of the |S

Pennsylvania Railroad, will be promoted on Tuesday to superintendent of the Cleveland division.

Mr. Jones will be succeeded in|&en

Indianapolis by J. L. Cranwell, who

is now superintendent of the Monongahela division, with headquarters in Pittsburgh. “Mr. Jones has been in the service of the Pennsylvania since 1927, when. he became an assistant in the engineering corps of the Logansport division.'! He was graduated from the University of Illinois in 1826. Mr. Cranwell ‘is a ‘graduate of

|the University of South Carolina of 1026, and in that year became a |N°%* Banc

rodmapn in the Norfolk division of

the Pennsylvania. He has been} superintendent of the Monongahela §

division since June, 1940.

CHICAGO LIVESTOCK}

Hogs—Reoceipts, 100; -nominally steady; hot enough good and choice hogs toma 12.15. For the cents higher; however,’ 15; : 240je

Pr: yearling light as stea increased supply yearlings, is" to ae gents Wi all grades medium weights, : 25 ‘and excessive ! heaviesy 25 to Go. cents down; fed heifers Steatly to 25 cents lower; beef cows, 26 to 4 veak to 35’ Sauners cutters, and bulls, weak 25° cents off; vealers, 50 cents h Fixed yearn heads head 12.75; ies, fed steer crop,

2.25@ : ably Modest 5 ass ers and warn ply grace 10, 15, 2 Ma

up offerin tanas at $ 0.15: best he! Bors 2.65;

cows Jpached ut fe rass cows above $8.50 Fr ractical outside $9.2 strictly choice

avy sausage Su Sas Yenlérs Jeske 808 SiS. ks ive Tomb r the wee pring la s1G1 aE Tower; Aheep and pring lambe, 0 50 cents off; few doubles closely ru Bandywelght esterlls ‘on close, 12; choice: natives, bulk ‘wood. and cholos, $11.35@ 11.80; throwouts most! y $9 own; best Jearlings for eek, $9.50; Yery few native ewes above k good kinds, $4.50@5; three doubles” rie Western feeders on close, $11.7

LOCAL. PRODUCE

Hes oreed colored hens, § (bs. over. full feathered, jo; hens. under 5 lbs. full feathered, 14¢: he: avy reed hens, Ter pia hens. 13¢c: Leghorn hens 10¢: sprin, Bar and White Rock. 16c: No. 3 springers, rred d White Rock. 13¢: colore: pringers, 3 ibs. and vore, 15¢: Leghorn springer: Ibs. and over. 18c: Leghorn Yom springers, 3 Ibs. and over. llc:

28 Genta, receipts 64 Ibs, and up. Butter = No..1, 38@38%e; No. 2, 36 3c; butterfat, No. hy 1A Wo. 3, 3c. ne

oun pickup - prices quo Wadley Gor” Be isred 3

FOREIGN EXCHAN GE

NEW YORK. Sept. 13 50 h P)—Follows ing, Are YORK. cable major cur‘cab e “Rate

Emr Fh

400 1-16 +00%

and Deavy breed 14¢: N

run |p!

Debits k

Chi icago Stocks

High Low

\dams Oil & \llied Lab £5 \llis Chalmers ...... mour & Co

a rN a

"Seu"... h Edison ..... Bis

nd nl 8tl Co Bt yaatyester avs evens WB

a 00 het bt 9 $b BD Cb

MESSE

Beosoenmte FONREESES

. - . . 0A fot DD bt 9 GI bb CD 53 BD ST SA HN

0 SB RNES

us.

WASHINGTON, Sept. 13 (U. ~Go |S heal ee, pi ugh Bept, for Phe ore pared with : 280: 3h some

this Expenses. . .$3,808,68 | Expense os 1,087, 9% 69 Hi in 8, att ba ie a3 ie 008.31

Gross Bet. 2,720, 908, To 86 Net i 7 2,443, 431 Soe

05 stoms .. 0%, 338.81 57, rH Boat

INDIANAPOLIS CLEARING HOUSE

T Clearings snivanea Today o's

sreenes

| U. S. Government Bonds

U. 8. GOVERNMENT BONDS Treasury Bonds

Low a8 1946-44 erses oe FAT 107.1: 14 3s 1958-56 104.13 104.13 10 3

MAURY MAVERICK TO AID HENDERSON

WASHINGTON, Sept. 13 (U. P). —Maury Maverick, former Texas:

0. Congressman, today was appointed

assistant and - consultant to Price Control Administraor Leon Henders son. Officials said that Mr. Maverick, who also has been mayor of San Antonio, will begin his new duties) this week.

Personal Loans

May he arranged through our Personal Loan Department

The Peoples State Bank

130 E. Market . Member Federal Deposit Ins. Corp.

‘WASHINGTON PARK MAUSOLEUM Washington Park Cemetery Information ’ Phone IR-8383

A SAFE DEPOSIT | IS LOW Cos BOX Pir SURANCE $3 to $100 a Year

Member Fede: Ee

Security Trust Go.

RENT-A-CAR, INC.

_W. F. Heater, Riley 71!

To Keep Valuables Safe Rent a Safe Deposit Box af % ‘THE ‘INDIANA NATIONAL BAN of Indianapelis

NOVELTY smozs 310, iy

SUMMER DRESSES nee see NOW S| to