Indianapolis Times, Indianapolis, Marion County, 23 October 1941 — Page 26

Top. Advances to $10.60 as 7341 Porkers Arrive; ’ Vealers Gain.

Hog prices rose 10 cents at the

Indianapolis Stockyards. today, lifting : the top to $10.60 for good to ‘choice 190 to - 200-pounders, the Agriculture Marketing Service re ‘ported. . Vealers weré 50 cents higher with 8 $1450 top. Today's receipts included 525 cattle, 306 calves, 1341 hogs. and 2344 sheep. :

HOGS

. vessssesinnne cesses sneen cssvvssenanes “eesesssesnes tecsvcsesaess

Cscegeassesace [email protected] fum— + 160- 200 pounds ....ccecv.... [email protected] Packing Sows :

Good and Choice— - 70-300 pounds ...sssecccecs 800-330 pounds s.cevecccee.

330- (360 pounds «..cecvessses - Good:

360- 400 pounds ....ecseveses 200- 1450 pounds cesesesanses 450- 500 pounds ..epeceevcses Medium 250- 500 POUNAS ceviasnssves

Slaughter Pigs

Medi and Good— fog, pounds

CATTLE Eitan Cattle & Vealers (Receipts, 525) Steers

Several miles ‘southwest of the {there is a steady hum. “It is the two | newest and most powerful motor.

call it simply “No. 3.”

twin: which will join it sometime in 1843 cost the company $5,000,000, including boilers and new buildings. The story of “No. 3” starts about three years ago—before national defense ever became a newspaper| headline. Long-range estimates then indicated that: Indianapolis might need more power this year. The decision to order some generating equipment was a big one because, if the forecast were wrong, the new motor would be a $2,000,000 white elephant. How correct the decision was everyone now knows. Allison, Naval Ordnance and Bridgeport Brass— all big power users—are joining the other factories already here, and all using much more power than formerly. General Electric built “No. 3” at Schenectady, N. Y. It took more than a yea: to build. Then they tested it there, tore it down and

Slshipped it to Indianapolis in 20

freight cars. Most of the motor (95 per cent) is iron and steel mined and manufactured in this country. But there is also silk, wool oil, antimony and tungsten from China, rubber from Ceylon, asbestos from -Quebec, tin from the East Indies, shellac from India, nickel from Canada. The turbo-generator is as big as

That is an understatement. The motor alone - can generate enough |eg balanced power (37,500 kilowatts) for: all of | wr a in, & me a

the industries and homes in a city trieit the size of Evansville, It and the 32 nuh Slectricity Ja the, iy

It has a main shaft that ens "%

Im rag ROGER: BUDROW - :

Sirele, por}

It is the new giant. turbo-generator of “the Indianapolis Power & Light Co.'s Harding St. plant. Engineers, in their matter of fact way, |

37 tons but revolves 3600 times a minute—more than twice as fast as the ordinary electric fan. Electricity for Indianapolis begins with Indiana coal which the Power & Light Co. burns to turn water

which turns the generator creating the electricity. This motor uses a 600 miles-per-hour tornado of steam which strikes nearly’ 5000 “buckets” or blades attached to the : massive rotor (just like. a windmill). The tip of the largest bucket travels at 800 miles an hour—faster than sound. The motor now uses stearh at 400 pounds ‘pressure: and 700 ‘degrees temperature (Fahrenheit) from the present plant boilers that service the other two generators. Buf it will use 850-pound steam at 900 degrees Fahrenheit, the temperature of iron when it glows dull red, from the new boiler which is being installed. This steam, incidentally, enters the turbine at 900-degrees temperature, leaves just 1-30th of a second later at. a temperature of only 92 degrees, is condensed and returned to: the boilers to be used over again. The new turbo-generator is cooled with hydrogen which circulates

from Wtite River into steam,

. The new turbo-generator (last in line) is smaller but more powerful than the other two.

more freely and -+thorughly than |hour.

Otherwise Stok: Market Is Easier in Quiet Dealings.

NEW YORK, Oct. 23 (U. P.)—

| A break of 3% points to a. new

low at 60% in Columbia Gas pre-

[fered A stock featured an easier,

stock market in the early

| quiet afternoon trading today.

National Lead preferred B declined two points to 141 and New York & Harlem lost a point to 108. Laclede Gas issues had gains of two points and more ‘each. Caterpillar Tractor lost 1% points. - Elsewhere the market registered only fractional changes, most of them small losses. Traders. were awaiting an anticipated test of the recent lows and many remained out of the market.

PARITY BOOST AIDS PRICES FOR GRAINS

CHICAGO, Oct. 23 (U. P).— Wheat futures turned strong in the closing hour of the session on the Chicago Board of Trade today after backing and filling within a moderate price range a good deal of the session. The late rally carried prices up more than 2 cents a bushel and

‘was due to repdrts that the House

committee voted for legislation boosting parity payments on wheat

in Japanese-controlled terri peared today ‘to

favor of Nanking.

Continued = weakness in the Chungking- backed yuan, now sell ing at 33 to the VU. 8S. dollar on the “black bourse” Kere, has increased. demand for issued by the - Central e ‘Bank of the Wang Ching Wel Government at Nanking, and the belief appeared to

be growing in Chinese banking

quarters that the latter soon will become Shanghai's official medium of exchange. Chinese ‘financiers in Shanghai have supported Chungking in the currency war, but it was feared that the Central Government's ag parent decision to discontinued SH bilization operations here mig swing them over to Nanking. ;._ al Meanwhile, some clarification OF Chungking’s attitude on the sta bilization question |is expected at the forthcoming conferences here between Chinese, United States and. British interests. Complete collapse of the yuh in Shanghai, financial experts point out, would result in a flow of

‘Chungking currency into occupied

territory, thereby |increasing the already serious threat of inflation being combatted in Free China by the Stabilization Board.

LOCAL ISSUES

Nominal otations furnished unit of Na tonal Association of soutien ties

lihood of a power shorfage in In-|capacity of 111,000 kilowatts and 10 100 Ber. cent an ordinary bungalow, yet some of [air. Bearings are lubricated by a| Company officials are proud that|dianapolis. When the new boiler the entire company 221,500 kilo- Profit. taking erased part of the|Peiers : the parts had to be fitted to the continous system that cools and|they can answer with a resounding|is installed early next Joan, the |watts, compared with 93,200 kilo- upturn and’ ot the ‘ck Dp th 0 e Stocks. | on = 10-thousands of an inch, as deli- circulates 14,000 gallons of ofl an|“No” any questions about the like-|Harding St. plant alone will have alwatts only 10 years ago. ps Hn a; 1 Ss ie nar Agents Finance & ho Cord: s OM | vesoen

higher with Dec. at $115%@%. |Beit RE & sik yds bed ii: 8 NEW YORK STOCK MARKET Q UOTATIONS

Corn ended the day up % to 1%c, | &, Seats B Tem 8% pid iil 96 By UNITED PRESS

EB Sounds sans sannsvier$ 00-1300 Lk Perr aire fio: 1500 pounds “esses eases

ha 900 unds He Lai

pars SHER

Bhi Soom

Dec. 74% @%c, oats up % to %e¢,| Hook Drug Co c wo ‘aid % Dev. £34, and rye up % to lc, Dec. BE ey To, ch oid r+ 100% 780-1100 POURAS .evvevensnrs a pew style October soybeans fin. | ing Jndpis 8 i bed { - Net bd e : . Steers, Heifers High Tow test chuye|POW:JONES. STOCR AVERAGES High Last =e Last Change Hig Last Change [}o0"0 a SL Ye dit &L 84%

Choice, INDUSTRIALS (Glenn) 27 3% — %|Eiits 81 8 30% — %|On Aireratt . /500- 750 pounds ......... es [email protected]( ¢ Lab ... 81% Yesterday ........coeeeee.., 120,56 —0,51 Parry .. 6% 4 Plymouth. O 16% 16. 16 .... |Un Air Lines .. ta| Deferred months were 1% to 2% |n 3Bl8

750 pounds aenves 10. [email protected] Adam Week ARO .cicocevssasseens 118.52 —2.00 orp. a 20% ve Postal _ Tel 12 -— LIU nited Cum 5-16 a1 sone cents off.

p : nited ddressograpt. . iat s|Month Ago ...cocoveesnse.. 126.38 ~1.16 3 HO % Ei ty > ji a : : ty En D: wd pf. t : 3 ETT 1 LOCAL PRODUCE fog Sub gory eo vid: Heavy breed colored hens, 5 Ibs. and DroRisss Laundry com |.

| Ala 33 ho Year Ago 36 —1.04 2 2 ~.""1,| Pub Serv 17 17 — Ya C . 10ice— Alaska Junea: : y is | Pub £130 1 0. - United Fruit x ni of 900 pounds -............ [email protected] (Allegh din stl. : aust High. (1041); 133.49; Low, 113.30 5 “| Ellman... fa 24% — '%|Un Gas : over, full feathered, 15c; heavy breed|Pub Serv os Ind, Inc. com. hens. under 5 Ios.. full I heres, 14c; No.| Pub Serv of ind, "Inc., 5%

High (1940), 152.80; Low, 111.84. 10 + Un Gas mp pt 12% Mr, 00 pounds. ..ccerresvss 8:[email protected] Allled Xi Stores 20 RAILROADS & 00 eee. | Pure O . 98% i ese of... 18% edium— ve | 76% fof c. 3 oo 2_ heavy breed bens, lle: Leghorn hens, *So Ind G&L 4.8% pid | coves greight i avi 12¢* No. 2 Legho! 9c: gh ers.| Unlon_ Title Co com ceesee 3

= 900 POUNAS «ovvensseess :[email protected]|Allis-Chal Yesterday ....eccocvvveeeee. 28.38 Barred and White. Rock. ite: No. 2 ng-| Van Camp Milk pfd ........ 67

—R— merada Week AO ...cecescocssesces 27.80 . viol 28 3 ; ia a eens 500-900 pounds .........c. 7000 830 i Month AES «....creiiucreis 2804 ¥% ers, Barred and White Rock. ld: colo red| Ven Camp Milk com .1111L. 11 springers. 2 lbs. White ® oy ‘14c; Bonds

Cows Obie 3 Year Ago sesenseesee. 28.08 od springers. 2 Ibs. and over, 13c: Sea sess annie veesene 8.00 8.76 Am Can High (1941), 30.88; Low, 26.54. avi : - Algers, Wins'w W Rk 4%s ...100 asessssns if! 8.00 |Am Car . . +1 lesbo springers. 2 lbs. and over. Sor AT an Loan 6s 5 9

Medium a : High (1940), 32.67; Low, 22.14. +d " SM and Wedium T1110 6000 7.30] Am Car & F pi 67 x >’ UTILITIES i At ®Ess—Current receipts, 84 Ibs, and up, | American Loan 5s 46 . 43-1’ 100 Yesterday ...cccevseicencece 17.40 . ee 33 a 319% Revere Cop .. . cents. Week ARO ...coccovecccesss 17.40 Reyn Met wale Month AZO ...oecceesensees 18.27 — % Year Ago ........ eessenaess 2213 + % High (1941), 20.65; Low, 16.82. 2 ; High (1940), ‘26.45; Low, 18.03. 43% —

750 unds .. Hota fi pos see

| ss

. . .

cn taal NO NPI 0) ret Do Oo bet

+14: Fosse Tae

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verse. 4T75@ 6.00/Am C L 28 ce Cent LR los’ Am Graded s—Grade A large, 34c: Grade| Ch of B 0 4 Tt 6l.. "1a medium. 53 Jc: Grade A small, 31c: no] Citizens Ing Tel ve...108

we VNR RRENN, BRAD E

SERIRISS PS rR pr funaasnanaganaun

(Yearlings excluded) grade, 19¢ : 1, 3e@3ntic, oNo. 2 30 Pattertat, No, , 8lc.

+ $5 we

24 iv Pict 1 pf 156 185 u%@ | Ho —— n i 8 v a2’ Yadsco Sales . nr 287 as STAVER ELECTED n 5 Vas 1 201 A Van Norm Mch 15 is 11% eens NEW YORK, Oct. 22 (U.P.).—The Bp a Wort xs 5 58. 104 10s ue . election of L. D. Staver as presi-| Runner Packing Co 4%s 48 ..100 if

dent of the Atlantic Utility Service| Morris 5 & 10 St 0s 1 1h

Corp., service organization of the|N Iai Put 3%s 69...... bi Associated Gas & Electric Co., was|N Ind Tel 1 55 - 10 Pub Serv of pd ® 69 anes + # i announced here today. : b Tel Co 1074 Richmond Water Works 8s’ 87. i Net. |. Trac Term Corp 5s Wa High Low Last Change *Ex-dividend. Willys Overind 1% 1% 1% .... o

morn ff 4 ET FOOD PRICES

24 Nase J 0 th .... 30% 30% 30 : foolworth .... 30% 30% 30% % CHICAGO. oct. 23 P.).— tio

+ New Michig N85 Tom: Worthing cv pf 58 85 85 1 Bs : wa pr pi 54 54 54 I 1% iL 2.10, oon Mopme : gan, crates, $1. % 1, | New Mexico, crates, $e 8q3. 50, Yi %

Beet, Stig $9s00evesssvcssscesosie

Cater and COMMON. ...e.es Vealers

Sood and choice mmon and medium Cull

Gs sssssssssssssnasrenssnee

4 -

WD —

Net High Low Last Change|N, We 2 : You 3 Cub-Am 1 1 6% .... is Van Raalte pf. ais 114 Cub-Am 8° pf. 11g 117 . : 8 68 68° 3% Virginian Ry .. 35 35 Cudahy 2% 12 12% coo 11% ah —W— Curtis Pub i 2h 11-1 11-16 Bo 1 3 % Lo, 60 el ¥ . . pe Pub rp. . a o. ese a or? ys .. Curtiss-Wr . 8 812 ies Reg a / f Curtiss-Wr A.. 25 Sth 23 25% Ne Sash —e oa 10 10 eka . 4 4 Walgr 18 ’

%~ I++: 411+]

het 8

FF SCSC RCN

FREE

Feeder and Stocker Cattle (Receipts, 396) Steers

ya 800 pounds .. erie «:3]8.50 1050 pounds .. 10.25

- "800 pounds c.cesveececcs 9.78 800-1030 pounds «ccevecccsves 975

Medium. #800-1000 pounds esses

Common : $00- 900 pounds «..ee.ee.evs 1.26@ 8.75 ‘ Calves (steers) Good and choice— Sounds dOWR veeesnaesnnesr [email protected] 500 Pounds down .. [email protected] Calves (heifers) Good and choice 500 pounds down ...s.eess..s [email protected] um-— $00 pounds down ..i....... [email protected] as P. SHEEP AND LAMBS Aviation Corp.. (Receipts, 2344) Lambs Bald § Loco of ct. . antl ¢hoice ......iveees ARE Balt FF hie 4: | dq. s. 0:[email protected] | B23 SF We a n [email protected]| ga’ 0 es

Stl Fajes. . 2% Stores . 19 Sumat ... 18 T eves s182 Tobacco: .. 66 Tob B |.... 69 1 pe ao oie aa 1

2o88a3 : : :

82 -

Tet on —- a

SHELL LIA LH

25% 10%

24% V Iscose £.115 DL

Wosten pt. 4 Anaconda .....

Cribb 3

2 re dd SOUT *

Cod

Saree iy gog

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FLEHT+ ++

our rstrong Ck..

2EERBREEEEEE BEERS BERD [oll etl cod 5h

me es ... 14% Douglas Airc .. Dow Chem ....11 Dresser Mig: oes 16% Du Pont 1 Du Pont pt ....126% ¢ gig East Air fines. ve Mw t BR Mi

Yellow 13% 13% 13 Yellow £110 119° 119 California, crates, Tp 3¢ Ys | Sw.

n P bu., 1 Steel Ves i youn Shee wily Onions. ( 50-1b. gneagen bi 3 lows, esting. ve sep 1 [email protected]%: Colorado Sweet Wilcox oa “ Zonite ........ 3% 2% 2% % | 95¢c.

NATIONAL DEFENSE... “PRESTONE” ANTI-FREEZE... | AND

EF EEsses 2%

LOB BI = BI =I03

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“1 Ewes (shorn) Good anf CHOICE ....c..u:ree Common and medium ........ 3.00@ 4.38 Ben Jud Peper epee

U. S. STATEMENT

3 Pr. WASHINGTON, Oct. 23 (U. P.).—Gov- Bond Stores coe ernmen ent | expenses and receipts for the 2 ‘ @urrent fiscal year through Oct. 21, com= pared with a year ago 0 ! This Year Last Year ; enses. $6,456,234,183. 8 $2,930,268,867.22 | Brist : d 4,417, id 097.0 $12,035,588.65 | Bkl

. -

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Taniby . 15% , 18% otis Steal” cesses B32 6% Pee Pac Am Fish .. 10% Pac Co. Pac Pac

HB £

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ri-Cont pf 0th Cent-Fox Twin Coach

aed. ates FREESE

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1903,289,910.77 1,303,5 52.901313.717.8 44.081, ,884,007.43 B Sol Res. 33.185,427 010.94 21,425600,109.35 | Bye

Byron Soa 8 INDIANAPOLIS CLEARING HOUSE

steussesnserses eeees$ a3: 0% cal Packing. i Shri

Callahan +13. et & ne 6%

SF SESEES

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Pathe Jum a - 13%

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A SAFE DEPOSIT BOX IS LOW COST INSURANCE 9 Different Sizes

$3 to s 105 a Year

serene vann eesti anns essen

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PR 4

Timi: SR

WAGON WHEAT

to the close of the Chicago market r mill rain

e Celanese pr of 120% erro de Pasco 30

FE FESS BY

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elled corn: 38c for No. 3 ‘white oats, ats. i) vo ues Pj

ana 38c for No. 2 red o

RRS OR SDS ESS

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TE imax Mi y Co 3

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Ham Watch.

= Ses E ws tt 0 :

Hi HIF HH I

Clothing, Shotguns, Ete.

wir The bi BE ey

CO. Ine. 146 E. WASHINGTON ST.

® A large insurance . agency in good standing with its companies _ has influence with . those companies—value to clients more than

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Hud Bay 19%

Il] Cent asada Ci wee Inapls. P&L |:

Inspirati cop meer AH A nd

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FRICSNSNGES Rass

* SHIELD LEE [+14

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ANY OF THE ARMY'S HIGH ships, pioalotond ob ueel tn SPEED TANKS, trucks, combat pedo boats in fighting trim. By ri cars, liquid-cooled airplanes and other equipment that protects you, “: ig .

® LEBEN

FERR a

Cee WaT IDE

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Ltd FER

: he ElupdfntN. 38

vital defense equipment use “Prestone” anti-freeze plays & vital role in the 3 anti-freeze. This one shot, all winter pro- tion's defense. tection is also used by the Navy to keep

Loh

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ih ca ris HD e000

Capital $100,000 Fully Paid

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ith

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inancing ‘problem to us where. wil nd careful consideration.

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