Indianapolis Times, Indianapolis, Marion County, 15 October 1941 — Page 16

Talks of Austria

NEW YORK. STOCKS _

DOW-JONES STOCK AVERAGES

30 INDUSTRIALS Yesterday sessssecsaseconehs 121.88 : Week AGO sossennsovesesiens 10413 Month Ago Wessessssnscsniee 120.38 Year Ago Tenses es Bolen ans e 181.97 High’ (1041), 133.50: Low, 115.30. High (1940), 152.80; Low, 111.84. i 7 20 RAILROADS Yesterday seventeen esnesenns Week Ago seeBs sass 28.81 Month Ago gesssessessens 20.40 Seaba 3 Mek

Year Ago ..covccsvssnsse fees 2871 Sears . Sharon Stl ... Sharon 8tl

Net ; Last Ohange

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Safew: Satewsy 8 pt: Week a A Year Ago Before Last Week $26,631,000 $15,878,000 $37,799,000

' $91,077

—- seas

ThusFar | Thus Far ’41 ve.’40 140 | 1941 9% Chge. $804,720,000 §979,372,000 + 21.7 $1,991,351,000 $2,411,285,000 + 21.1 $3,566,861 $3,741,915 + 49 $1,342.440) $9,428.169 4 284 $3,373,543 $5,644,085 4 613 $1,741,780 $2,837,125 4 629 $1,086212 ~~ S$1,225715 4 12.8 $1,532,650 $1,234,250 ~~ 19.5 $128,126 $434,000 4-238. $647,515 $924,139 + 42% © 32,863 44,530 + 35.4 + 14,662 2.228 + 516

70,949

1]

DID BPD — aR . .

. et ad et dt NOOR Ti

FREES Saas 458

i Ea | Week Bank Clearings. ee euusgsssbaesses. 524,949,000 3 Bank Debits “as cevrsssnsssnanane ss $64,530,000 # Postoffice Recelpts .osoesssssataccns’ $85,054 ‘Building Permits: «coves passes $206,680 $317,128 $115,020 .2 "Houses Ceieesvsussisernuiaaiens $133,500 ; $274,100 $76,450 ‘Apariments sesasennssunssscnee 0 ° 0 " “ Business sssescennteninsIssRvee $42,200 $14,000 $12,725 iy Industrial ...eccsosvarassnsisee 0. 0 $12,000 in “Public eveesseasiensusasesererey 0 0. $6,500 a Repairs & BS: snsevvcece $30,980 $29,028 - $7,345 Applied for Jobs STIR 1,242 764 Received Jobs arsvesssrssNiRRnBc tee 604 445 Claimed Unemployment : Compensation (Oct. 4 asssasvanne : Freight Carloadings: “Inbound ......0si00 asSsnscnes . ' Outbound SesanenesassBOvEneROe 2,004 Electricity Output (kwh) «evvee.e.. 15,187,000 Water Pumpage (gallons) .....e....269,160,000 Streetear Passengers (Oct. 4) i..... 1,103,567 Telephones In Use (Oct. 9) ceseecoe hn Livestock Recepits (head) ccc.o00ee = 06615 Cattle WOBPOUL ORONO 0000000000DOD 5,992 2,530 48,156 19,937 462,000 300,000

: an. 28.38 . Savage Arms ..

it pd go NOT» .

wr co BASS -25e

i

$66,881,000

High 1941), 30.88; Low, 26.54. $121,662

High (1940), 32.6%; Low, 22.14,

15 UTILITIES Yesterday oocccovesesncicecs k. Ago ease sEness esate Month ABO sessccevescesves 18.90 Year AZO .coescscsicassesss IID High (1941), 20.65; Low, 16.83. High (1940), 26.45; Low, 18.03.

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17.87 18.07

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Norbert . Silbiger of Richmond, come Ind, will speak on “Austria ...| yndianapolis Before and Under Hitler” tomor- |. railroad yards row noon at the Indianapolis Real | thus far this Estate Board luncheon in the | year than did Washington Hotel. Mr. Silbiger, a native of Austria, | this time. was captured during the early | carloadings.’ They have increased days of the first World War when | 86 per cent, The Times Weekly he was a 19-year-old officer. He Business Summary ‘shows, over year.

was confined fo prison camps in a Ps But the big increase is jn the

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Net High Last Change Gen Shoe, ceases 10% Gen 8tl C pf... 78

=

Ss seis

- 46.8

Gillett Fs 3% elie Gillette S $5 pf ta . 45

stusenis. Phd 14138300

WIR CS 4 D0 CN od pt fot

144. 1441 1,820

DWNT RIN aT pt Of

iid

£9ngms ™ FRR

Cimber Bros .. Glidden pf Goodrich of + sae oodyear ..... bs yeas De ess

C C Chrenby Tr Grand Yon wets. 10% C Grant ( C C GC C Gul GC

nu; Mx Fdies.. Sugar pt. 96 Sumat .... 18

= a .

+ 86 + 194 + 11.5 + 99 + 57 + 10.8 -— 54 we 18.9 - 3.3 - 108 ~ 33 ‘+ 383 + 56.4 + 14.0 + 24.5

3844 2,112 15,289,000 269,220,000 1,417,885 +234 64,503 6,587 3,073 45,545 9,348 549,000 365,000 25,000 25,000 ’ 118,000 124,000 Rye Ssenasstecsetebsslsebetones 5,000 0 23,000 404,000 229,000 - 43.3 SOYDEANS .evovrerseseensensenes 14,000 35,000 38,000 301,000 ‘431,000 + 453 Sources of above figures: Indianapolis Clearing House Association; Indianapolis Posteffice; City Building Commissioners IndianapolMs Office of State Employment Security Division; Pennsylvania Railroad; New York Central; Baltimore & Ohiog Hlinois Central; Chicago, Indianapolis and Louisville (Monon); New York, Chicago & St. Louis (Nickel te); Indianapolis

Water Co.; Indianapolis Railways; Indians Bell Telephone Co.; Agriculture Marketing Service; ‘Indianapolis Board of Trade} Center Township Trustee; Federal Reserve Bank of Chicago: Indianapolis Power & Light Oo, |

|

3,590 3,254 2,191 12,567,000 230,690,000 1,345,314 C4261 75,133 6438 ' 2,650 55,731 10,315 465,000 294,000 42,000 ' 68,000

122,478 101,538 564,088,000 10,699,860,000 54,512,919 108,018 2,270,058 204,407 119,457 1,674,138 235,576 27,376,000 18,122,000 4,035,000 4,678,000

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Russia, Siberia and Manchuria for five years and was one of the few survivors.

HOG PRIGES DIP 13 T0 25 GENTS

:| Top Falls to $10.75 Here; 8465 Porkers Sent to Stockyards.

HOG PRICE RANGE Ton Recelnts Oct, 1 Ger B80 00000000 000 i . Oct. 8 ,.. alt Oct. 9 ., Oct, 1 Oct. 1 B08 sassy 11.00 Qect. 1 sressanasrasensans 10.85 90

$00cssacsee

fe 15 cesveeces

A 15 to 25-cent price reduction was made in hogs weighing below 250 pounds at the Indianapolis stockyards today, the Agriculture Marketing Service reported. Heavier weights were steady to 10 cents lower. The top was $10.75 for good to choice 220 to 230-pound« o. Vealers were steady with a $14

Good and Choice— Sedat 8 9.50 LE 9.90 - j028

# *

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vi Xela. 9 rand = . 83% t West

WwW Sug Py Leldl% 141%

b-

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ESE ames an

of the city. increase of 15,000 cars over last year at this time. That amounts to more than 19 per cent. Railroad men here say most of this increase is due, in some way or other, to national defense manufacturing. One said that there was a big increase in shipment of coke manufactured here and sent to the steel mills, Scrap paper shipments have picked up. Automobile parts and body concerns have been busier than usual most of the time. Another thing, large quantities of gravel have been sent from here to build new roads throughout ‘the state and for use in defense such as the Jefferson Ord--nance Proving Ground near Madison. Last spring it was freely predicted that October would be the time when the railreads weuld be unable to take care of all the business they had., However, an actual decrease (a small one). was shown in inbound and outbound carloadings here last ‘week as compared with the previous week. Railroad officials believe that

"IASK U. S. TO PROBE STATE GAS SETUP

The Indiana Public Service Commission announced today it has

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Calves sess esse estdenscencecene

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HOES secsssssonvesnssescsenssne Sheep esses veesescisseteisnte Grain Receipts (bushels) eeveesneve Corn Nerssvass saree shes etsates Wheat rivdavesrvesensiness analy

Oats cevesiesssasetssssvnsesetss

&

Hayes MIg ..... 23% 3 Heaker Prod ves i 7 l v.- . 81% 81% Li % 110%

1 . 108% 4

19,808,000 11,588,000 3,538,000 3,758,000

ae ®

a

; 2 1109 100% Hen 0! Ju Aviation Bs ve # 3 Bt ae wey ei Househd F pf..108 Houston Oil ...~ 4

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Hud Bay M&S. Hudson Motor... % Hupp Motor ..s

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Ill Central ceeee' 8 dian Ref ..., 7% Is Pw&lt.. 16 Rayon «se 36 and vate 13 ration Cop 0 Int asinione 3155 156 .e "eo 49

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In Union B & P ..: Union Carb .., Un Oil Cal ... Un Pacific «.... T4 gn Tank ...ee. 27 1 1

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picking up and delivering loads faster than heretofore, thus making more cars svailable. They have heen urging manufacturers to help them do this by Jioad Jain loading promptly the retail pron od “beat tax” buying stimulated sales hy “the larger Indianapolis department stores, according to the Federal Reserve Bank of Chicago. A

$5 BREAK IS MADE BY WESTINGHOUSE *

NEW YORK, Oct. 15 (U, P.).—A break ‘of more than 5 points in Westinghouse Electric common stock

I+

the heavy traffic last spring and early summer was caused by cone cerns stocking up on supplies because they were worried (and rightly) about shortages, ' At any rate, it appears that the October ‘bottleneck expected in railroad facilities will not come to pass. “Another reason may be what Ernie Pyle noticed, that the railroads are speeding up their trgins,

naw Fecuid was set here for this year as the public rushed to b articles that were taxed aft

In Indianapolis, | for the week ending Oct. 4, a 22 per cent gain in sales was made|over the same week of 1940. For the four weeks ° ending Oct. 4, a 17 per cent ine créase was repor over the samq four ‘weeks 0 last year,

u. 8. STATEMENT

nASHINGTON, Hi (U. et P.)—Gos xpenses and| receipts Tent. fiscal Year th ps 13, come

DeP pond.

Net El th Cash Bai, . 16 Work. Bal.

Un 4 Un’ Ai Un Carbon .... nited Corp. .. [Tnited -. Un Dyew pf. a Fru vos as Imp... M a

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Intst Island Cr Coal.. 31% — Jewel nd esnes 34% Jo Bns-Ma veo 62% Jones & J & Igh Dp Al 61

O Sou «20% 20%

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Oalumet & Hs . 3 Camp

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Defense

Quiz

(From the Treasury Department)

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is ¥ 8.9 1110.86 71 $2, 4 1,518,323 gy wie

8,685,01 57 "9 631.932,101.56 3, Fk 38 76,884.602,56 Tan 348750 40

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OIL MEN HERE ASK LOWER STATE FEES

A. resolution asking the State to lower the license fee of the petrole- | 533 um industry by $5 to ' compensate for a $5 raise of the Federal fee was scheduled for adoption today by the Indiana Independent Petroleum Association, Inc., today.

1100-1300 Common —

Cho 306-50 150 pounds e..ee.eavs

po! 330- 360 POUNAS .eecavevncess Good— 360- 400 pounds ..ccecevee 400- 450 pounds

un 450- S00 Pounds .

Mediu! 250- 500 pounds Sla Medium and Goo = 120 pounds

750- 900 pounds ..... 900-1100 pounds

1 900-1100 8 bounds

780-1100 Sounds sesencssenes

unds Sets

750-1100 De cess encase uns Steers, Heifers

Tho. 900 pounds Good—

750- 900 pounds wescseifdin ume

Secsenasboien

+ 10.40 10:30 [email protected]

«+ 10.10

sevens 8

1100-1300 pounds «ecscceccssse 11.50 12.50 1200- 1500 NOUNS seoseesvasees 11.00

50- "900 pounds Sensetensdnne 3 38

ts eves e vn 10, 4)

1300-1500 Ds esssccsseces 10.25 Medium

[email protected] i 8210.50

10.40

10.25 [email protected] [email protected] [email protected] 9.35@ 9.75 2.25@ 9.50 [email protected]

8.75@ 9.75

Slaughter Cattle pa (Receipts, 1020) . | Choice—

12.78 12.16

12,00 12.25 12.00

11.50 11.00

8.00@ 8.25

[email protected] [email protected]

11.50912.50 [email protected]

[email protected]

complaint alleged that N

asked Federal investigation of natural gas and pipe line contraets on

behalf of consumers in eight northeastern Indiana communities. The Commission filed a petision with the Federal Power in Washington requesting scrutiny - alleged “exclusive” contracts of the Northern Indiana Public Service Co. Complatntaniis Ft. Wayne, Hun Decatur, Colum City, South Whitley, Ossian and Preble. = The petition was filed by the state body because individuals do not haye recourse to the Federal The complaint set out that exclusive contracts by which N. I. P.8.C.

re consumers in

obtains its gas prevents the- utility

from buying allegedly cheaper gas from récently, opened fields across the state line in Ohio. It was sald N. I. P. 8. C. now purchases its natural gas from Mich-

in turn gets its supply from the Panhandle Eastern Pipeline ine Co. The but for its exclusive “con could ‘buy cheaper gas from the |. Central States Developing Co., Inc, in Ohio and thus lower its consumer

igan Gas Transmission Corp., which|smice,

Q-If the many Americans who are sharing in the present greater

aational income spend all their in-

nings, how do they lose?

ww spending tends to push

up fe prices of products available Din limited almost all, of the expanded income

uantity. Thus, all, or

would be absorbed by higher prices, leaving little or nothing to show

for greater earnings. By restricting

our spending, and investing in De-

fense. Savings Bonds and Stamps, increase in total spending will be prevented and we can buy the goods which are scarce without a rise in

prices. Q—Can the Treasury call Defense Savings Bonds for redemption prior to maturity? A-No, but a Defense Savings Bond may be redeemed by the owner at his option in accordance with Treasury regulations. . NOTE~To buy Defense Bonds and Stamps, go to the nearest postbank, or savings and loan association; or write to the Treasurer of the United States, Washington, D. C. Also Stamps are now Jon sale at retail stores.

incorporations

ranging to nearly 3 points in a few special issues featured an otherwise narrowly irregular stock market today. Westinghouse fell to a new low at 751% off 5% while its preferred was down 3% points at 121%. The break followed announcement the company will offer new stock to present common holders at $70 per|! share. Rights to subscribe to that stock opened (on a when-issued basis) at $1.25 each and then fell to $1 when the stock broke.

GRAIN’ PRICES SKID SHARPLY AT CLOSE

Wheat: prices backed and filed a good deal of the session on the Chi-

the final hour dropped sharply under liquidating sales and stop-loss|? selling. Unfavorable war news and weakness in commodities were depressing influences. Wheat finished virtually at the low point of the day and showed net losses of 2 to 2% cents a bushel with December at $1.15% @ 1.

8 Pub. Debt, .51,549,005,864.85 44,0 Gold Res. 122.775/903,010.00 31,37.651 1858.

INDIANAPOLIS CLEA CLEARING

Heav) over,

Sotl springers,

cago Board of Trade today, but in [Leghorn

i 10c. Tor oe.

Wadley

hens. Inder - 1 he Sun feathered. Alo;

“Legh

™ FOOD PRICES

CHICA AGO, Oct. 1s ( ichign bu., ea

Us B= @31.30, ma

nions 90c@$1; Idaho Sweet Spanish, 87'c; rado Sweet Spanish, 85c,

LOCAL PRODUCE.

colored hens, 5 lbs, a

hi en. a 10 Bured ng White Rock, 15c: No. Ba da Rock, 1d¢;

2 lbs.

Apples—New os

and over, J rent receipts, 84 Tbs. and up afc: Bue NS Led: anty leks "orion be a 1%

HEHE LH LH

Mission Sa oe Moe's Mains 3 ial: “ait “ees Ba Ure

Save -B "iN 4 4 6

9 7

- On Your Home?

Consult Us! ! ¢

BLDG.5 SAVASIN, ' 16 N. Delaware St.

Meeting in their annual fall convention at the Severin Hotel, the oil | men also were scheduled to hear Warren C. Platt, editor of Petroleum News, Cleveland, O., on special problems of the jobbers Yesterday B. L. Majewski, Chicago, chairman of the marketing committee for Division 2, blamed il the railroads for the Eastern Sea-| Cutter and common ....e. . . Belt RR Stk Yds COM ...ess board oil shortage. He said the rail- Good aid choles ecalers i RR & Sf [Stk 3 ds pt oes 31 roads Sought low injmine sis Short. Snmon and medium Sed wk 5% pi pid’ ai 96 +9 1 sion of eoonoric Rams of Petro- Feeder and Stocker Caitle Po ase. Tel Co 88 Ags Re i sid, leum transport, such as pipe lines (Receipts, 425) Ind & Mich 1% Did +e..s. water and truc truck.” ? holo Steers i ee, oo oR A. W. Roth, Greensburg, who was 500-800 POURS [email protected] Hydro vice president last year, was elected president at yesterday's - Phil T. who

Ind H 28880 44 800-1050 pounds ..ceceee 10.254 11.25 Good— , Indianapolis, was president last year, was named Emmett

7.00@ 8.50 A 3%

sce ssnsaldon Cows Good .. ssessntsne Medium | ersnsssse naan sssatense Quiter and medium ...

Sess assani ns ine esaven

Trust Co.| Corn closed off % to %ec¢; Decem=~ ber 74% @3%c; oats off 1% to 2c; December 48%@%c; rye off 1 to 1%c; December 68%¢ a; and soybeans wars down 4 fo 5%c, October 1.56 od i >

rates.

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5 ssalition Lafadeie Oil mplo Assn, Ine,

Li pio) articles of in-

LaFrance-Foamite

Sorption, enagel i

Indianapolis.

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LOCAL Seo nr Suctations Jutnishea lnc Dealers.

local | tion, New. ork

$ink Siag, nd

B! _(Yearlings excluded)

Seats stnstenvectnss eee

Stocks Bid Ask

Agents Finance Co Ind com... 7% ® agents Finance Co ine pid... 2

Post

say

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Nat ind Pup Serv Ind Ju

Indpls’ P&L 5%%: old seesnys 11 500- 800 pounds Sees stsssnnn 9.75¢ 10.50 vice president; Farmer, nd Pub Serv 8% pia

fights Fai hg 300.1000 pounds eessssecnsess 5.75@10 i Loan Ce 5%% pid hg 20 500-1000 pounds Sess etignnes 9.00%10.00 Common 7.500 9.00 vassJOLo Camby, was re-elected treasurer, and ; ool NX ii» 114 George Hifmayer, Indianapolis, was Calves (steers) ohn ‘Ken- Good and cholos—, J 500 pounds down .... unds down cieceseccens [email protected]} o a GoWn ve.veieen. [email protected] SHEEP AND LAMBS

. 31 500- 900 pounds Se ssecnsssnns [email protected] * | Medium Calves (heifers) (Receipts, 1235) Lambs

t+

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re-elected secretary.

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essen.

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5 % pt dl 98% 500- 900 Pounds Gotd indo choice

ee oe oe .e

The convention will end with a, banquet tonight,

CHICAGO LIVESTOCK

or OSs Resell od 13, ry ‘toby 300- 10 yt 318.00G:0. 80; a hd HE a ceo Sab: dove Sogo win ET

a ts, © 13,000; Sienis a sy a a ws

Wins'w RR 4% Ee I 81 Ameri Loi

a ts. Oh of Com Bldg Co 4% 61.. Citizens Ind Tel 4%s 61 . Consol Fin Crabb]

i. 5% +p esse . 241% fa

Sorse se 39%

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SHE

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Otis Owens mn Glass 45 4“

ac A aan ee 11 11 Foi at Hy ALR &, I ot. 154 15 .. 3% Pack oan Ar Airways 16

Insure Comfortable Winter Evenings at Home With a

FULL COAL BIN |

There is y y definitely a good chance that we will have a coal shortage before the winter is over—don’t forget World War I, and our heatless. . hey may be Tepeat : Rs against shortage urther price fall coal bin, Order; Now. :

eesssssaeess 11.28

tssvectoane iH

‘Good and choice . - | Medium and Good Comm

— . » -

ERTS TESTER PEE ez FREES

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11.50 11.00

+H 9.50

teat

“| Good and choice ............. 4.35@ 8. s| Common and medium ... R 4.

DAILY PRICE INDEX|¥

io date; NEW YORK, Oct. 15 (U. P) .—Dun oS and crolce; stric Ee ly §hoice | & Bradstreet’s dally weighted price inrgly” $11 1935 trade; | index of 30 basic commodities com b and? a steers, piled for United Press (1930-32 aver5 ts, ee equals 100): FR Batik Sesierday Se BesnesBOrtNONRN lun ago sees esscncssssasnts yesserday | Month\ago” HR 146.79 etits; soon na- Year ago sevesersnceseinsione ; an 1081 Digh (Sept. 85. 0s sererss 147 phi th Re davis la41 low (Feb. Wl 123.03 ot

t. ha eatlings, fight nf iad ros, steady.

OTHER HER LIVESTOCK

A a Daas eg lower: S100 “on | Bode , and iso-180 $ 85: 200-350

it-ad0 The 107m medi os 140-160’ Ibs., $10. 0:10G10.35 medium ¢ 5: sows, 35¢ lower; good

tHE LE +H

et ohvtrtot

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bid.

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2388.5 SESRR

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RAdS. EK Or il : tif SME SRAAGE ‘of