Indianapolis Times, Indianapolis, Marion County, 27 October 1941 — Page 13

“NEW YORK STOCKS _

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS Ssiurday Less isensnnsesnnine 120.78 45 Week Ago eesaseneassansecns 120.18 40.08 Month: Ago “es Ceriaes ss esvese 126.05 +0.02

( BUSINE Indiana Farmers. Raising More Hogs, Cutting Down on Cattle and mil

By ROGER BUDROW

INDIANA FARMERS ARE SHIFTING from cattle and lamb raising to heavier production of hogs, according to the Indiana Farm Bureau. H. L. Royce, director of the Bureau’s livestock marketing department, has several reasons for this. Probably most important among these is that it is more profitable now to feed corn to hogs (because of the good

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8:30—For America We Sing, WISH.

x FESR

9:00—President Roosevelt, WISH, WFBM, WIRE, WIBC. President Roosevelt addresses the nation by radio tonight from the Navy Day Dinner in Washington, D. C. His talk will be broadcast by all Indianapolis stations beginning at 9 p. m. : The President's address will bef | preceded by a radio program origi-| |nating at the Navy Day Dinner in

Saturday Tesssnnasencsavecea Week Ago CE Month Ago versesssiesavesen ; Year AGO ii.creiveecsansins 28.46 —8] High, 1941, 30.88; Low, 26.54. High, 1940, 32.67; Low, 22.14. 15 UTILITIES

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prices for hogs) than it is to feed corn to cattle,

PRICES RISE FIVE GENTS

Reveipts Bulge . to 11,200 ‘Head, Largest for Any Market.

The .second thing that is dis couraging farmers from feeding more cattle is the present high prices they must pay to replace the cattle they sell. Mr. Royce points out that. feeder ‘stock from ‘the Western ranges now costs the Indiana farmer more than he is receiving for his finished cattle. But Mr. Royce believes the price outlook for highquality cattle next year is good, ‘especially in the latter part of the year. In the months of July, August and September last year, Indiana farmers bought about 60,000 head of cattle to feed and sell later. This year they have bought only 37,000 head. The same situation prevails in the case of feeder lambs, he re-

Roger Budrow

PORKER

Most hog prices day at the Indiah

reported.

were unchanged.

pounders.

the Agriculture Marketing

Weights over 160 pounds made the advance while lighter weights Today’s top Was| sic Li $10.60 for good to choice 190 to 200- | 4H

The market today was generally

rose 51 cents toapolis kyards Service

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26 Ana Yk cabie: 31 Arch-Dan-M Armour Del 8 an Ar r I

mo Armstrong. Ck. 29 Artloom

«or 65 vos 24% : 0% Va 3%

as Corp ... Aviation Corp...

High, 1041, 20.65; Low, 16.88%, High, 1940, 26.45; Low, 18.08.

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| Chicago at which the chief speaker : Admiral Harold R. Stark, Naval operations. t will be introduced

ovan. s 8 @» Jane Withers and Jackie Cooper {will . share honors on, tonight's “Radio Theatre” program : on WFBM at 8 "|lo'clock. They : will appear in a : radio adapta tion of their recent movie, “Her . Pirst Beau.” » In another WFBM program tonight a preview of the world premier . of Paramount's dane: Withers new musical picture, “Birth of the Blues,” will be given by Parks Johnson and Wally Butterworth on “Vox Pop,” T o'clock. The program will include an old

SH ALTERS LOAN RULE

+ %| WASHINGTON, Oct. 27 (U. P).— % |The Federal Reserve Board today announced revision of its instalment

by Col. William J. (Wild Bilb Den-|

preview of the new of the Blues.” Miss Martin is wife of Richard Halliday. . . . reports that Anne. Seymour, star of

‘|the network’s “Mary Marlin” pro=

-|motion picture is scheduled to go

before the cameras Nov. 6 and will:

county fair. ... As “We, the Peo= ple” enters .upon its sixth year of broadcasting, the show claims to have brought 3000 persons before

the microphone in that time. In «=

an Bald Loco ct . Purity bic"; oo 13% case you have wondered, the title

the same as it was last Friday. Re- 12

ceipts rose to 11,200 head of hogs, largest for any market in the na-|p tion. There were 1780 cattle received, 555 calves and 3330 sheep.

«sss |credit regulations to provide that all instalment loans of $1500 or J nL 2:**s, |instead of $1000 as under the orig- ::** |inal rules—must be repaid within 18] \

*'% months. or 4

ports. As to hogs, Mr. Royce believes Indiana will produce about 5 per cent more hogs this spring than it did last spring. The Government has requested a 15 per cent increase

time jazz band to give the impresSion of Basin St. in the early ’S.

f “ee Radio-E-Or Ry Sec ll C ...° yonier ...... al Silk

—

sen Eee TE BR sheer we Eas

THIS EVENING

in pork production.

Although it may appear that pork| Good a

production is not up to what the Government wants, Mr, Boyce believes. the increase may be. more than the present estimated 5 per cent,

8 8's SOMETHING NEW, designed to help the small manufacturer, has been started by the Indianapolis “Chamber of Commerce. Myron

Green, head of the Industrial division of the C. of C., discovered that one manufacturer had 25,‘000 pounds of scrap steel sheets, some of it the much-prized stainless steel. oo hmgh the steel was scrap, it good-sized pieces that might Ib ie enough to stamp out small pieces. So Mr. Green put a notice at it in the defense bulletin he sends to manufacturers in this area, hoping to help out some firm needing such shee steel. If the idea works, he wil extend it to include listings of other materials. s 8 = ODDS AND ENDS: There is talk that September-October automobile sales . fell below the production quotas set by the OPM (facts will soon be out) which may make some faces red around OPM. . , . A plastic has been picked to supplement copper for making pennies—but it’s Just an idea so far, nothing definite. . . . Washington laundries are asking customers to return wire coat hangers. . . . Studebaker has 100 million dollars worth of airplane ‘orders to be filled, according to magazine Aviation. .

America customers for heavy machinery have better priority ratings than nondefense customers in this country.

I Car ‘Bright Work’ Out After Dec. 15

WASHINGTON, Oct. 27 (U. P.)— New car buyers who dote on shine and glamour have until Dec. 15 to satisfy their desires for work.” Chrome grilles, decorative trim, fancy hub caps and the ‘like will be eliminated after that date. OPM Priorities Director Donald M. Nelson, who recently ordered the

industry to halve 1042 model pro-|pfeds

duction, issued the latest edict to manufacturers, . He ordered a halt in the :production of all “bright work” requiring the use of aluminum, copper, nickel or chrome except in amounts needed to complete cars before Dec.

15 in order that the critical metals]

may be diverted to defense produc-| good tion. He had warned last month that the “no bright work” order was imminent and chided manufacturers for not having the shine voluntarily. bo gsniod * Special permission may ni Mr. ly said, for the restricted | , use of materials to plate bumpers ad bumper guards but only if the urers can show that allfsoo possible measures | havo been utilized conserve needed me fons the “bright work” which go,’ are shiny windshield

must wipers and mirrors, lamps and|s1

grille work, exterior and interior

body trim, hub caps and steering stee

ic and horns.

"LOCAL ISSUES

att of 51" Noufiial “Association of Securities

“bright | good— 500- 800 pounds ...eececcecce 9.76 800-1050 pounds .cceccesccses 0.75

nd Chole.

[edium-— 3 60- 200 pounds Packing Good and Choice— 270~ 300 pounds ..

330- 360 pounds ..

400 450 pounds Medium

Medium and Good— 90- 120 pounds

Cran 900 uid 00-1100 Pn 1100-1300 - DO Good -1500 pound

“9 nds ... 900-1100 pounds soso 1300-1500 pounds ....

dedi 80-1100 pounds ... 1100-1300 pounds

ommon— 750-1100 pounas Choice— 500- 750 pounds 500- 750 pounds

Choice— 750- 900 pounds ....

750- 900 pounds edi

um-— os. 3 900 pounds ... 500- 900 pounds

see

. Some busi- Good nesses are complaining that Latin-|o «

Veal

Good and choice Common cull

Choice— 500- 800 pounds .... £00-1050 pounds ....

Mediu 590- 1000 nounds ee.

Good and choice— pounds down um-—

alam 500 pounds down .

and choice Medlum. and good

Ewes Good and choice

“$10

foo: b, 10 Shits,

0-1 “Yto0-16. SOWS, -

to and Western Jamis w

by locally

er eb

HOGS

300- 330 pounds .....

ood— 360- 400 pounds s.ceecsesscee 50~- 500 pounds ececceccses 250- 509 pounds ..... Slaughter Pigs

CATTLE Slaughter Cattle & Vealers (Receipts, 1780 : teers

sassssmsiens 13.00

1100-1300 Hounds seseees

ese see

Steers, Heifers

and medium Feeder and Stocker Cattle

(Receipts, 555) Steers

veeriens [email protected] sono aegis Srucinl

Calves (steers)

SHEEP AND LAMBS (Receipts, 33%) Lambs

shorn) ves 4.25@ 5.90 ‘Common and medium .. . eliminated. some of|

CHICAGO LIVESTOCK

ans Dishes, uk 300:

: Sood and choice he, genérd y 19; s30ei0s 60; ot

BS 60010, 0, ith id

3000; Strietly SUE

8 be rain Tetarding co ying, but but ‘undertoe

OTHER LIVESTOCK

Tuy SE i Efe Franco-German

. LOCAL PRODUCE ET Ee Ta ae SBE od 2

nome: ie

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Cesvesisaane [email protected] Bu

8.60@ 9.60

12. 5 3

Leer 10. aan 25 [email protected]

9.00 11.00 10.25

8.00@ 9.00

etcssense esses

[email protected]

[email protected] | Sou Co

[email protected] 8:[email protected]

7.00@ 8.50

.e 110 838 9.25

on 1.2%@ 3.00 So

10.50 10.50

desseacss 8.75@ 9.75 7.25@ 8.76

«+ [email protected] [email protected]

Yedvrees 10.00911.50 £[email protected]

Sevsctnse

cessnss 300@ 6.30

active, 10 to 20 270 1bs., S10, 26

ative; 25; most dice Js $12 gown;

olf ‘lambs, 9.88: few ‘decks

[email protected]| &

Sl aE ae SE

Li: 11s

Burroughs Butler Bros.. Butler Bros ptf.

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Byron Jackson.

Callahan 24ne., . Calumet & H

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By DAVID

ago; | parallel with its military

Beobachter 1.25¢ | number of German Banking Journal.

Increasing penetration by organ, the Voelkischer

, Principal notice is given to the establishment of what is called the

M. NICHOL

at| Firma Aero Bank in Paris by its]

Sine

eathered, ic} .

3, sic.

2, gle

t bank, Der Deutschen Luff-

ago with Government backing, chiefly to finance aluminum production and related industries. Aero Bank will serve, says the

‘ | orienting French ‘industry into the '|continental “new order.” The capital of Aero Bank is fixed at 200,000,000 francs (about $4,600,000, with the franc now quoted a at about 2.3 cents).

In ihe. Balkshs. the. Detain

fahrt, founded in turn a few months|

Nazi Corman Is Conquering |i Europe Economically Also He

Copyright, 1941, by The Indianapolis Times and The Chicago Daily News, Inc. BERN, Oct. 27.—German’s economie conquest’ of Europe continues » in the business and

German : 13: | financial interests of most of the continent is a in Hitler's Jay 3 . Its account is based on the current] y

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- —1-16 Steel Institute, howdever, estimated 7 “....|break all records in history with the

+i The change, together with a series ponrieSAidianapons Time

(The Indianapolis Tints 1 15 (BOY cssvonsible for inaccuracies fn program ane

of other minor revisions of an ad- = '# | ministrative nature, becomes effec2:3 [tive Dec. 1. ‘The original regulations — 1% | were promulgated by the board, in co-operation with the Treasury De‘partment, as a step to avert inflation, %| Other changes announced today 2 would: y,| Require a signed statement of the 2 purpose for which an instalment i |loan is desired. Liberalize provisions to facilitate repayment of instalment loans by farmers in accordance with the seasonal nature of their incomes.

WFBM 1260 CT (CBS) fo id — Tone Poems Meet the Train Request Time Request Time

4:00 Mas! 4:15 Masterworks 1 Charlene's Songs Ben Bernie

00 Sports-News Fit Bo Sore 838 & Gilbert Forbes

6:00 Am d {3S al

Tunefal Topics

Cal Tinn Sky over | Britain Boy, Girl, Band Boy, Girl, Band

Ninety Nincie

eater

Raymond Gram 20 Grand Club

Pres. Roosevelt Pres. Roosevelt

called “add-ons” — supplemental credits—permitting either separate treatment of the additional credit or repayment of the combined credit in 15 months with the monthly payments to be not less than they would have been without the “add-on.” ‘Eliminate the requirement for down payments of $2 or .ess, and for, the $5 minimum on monthly instalments. Exempt all business loans unless they are for the purpose of making a down payment on an article enumerated by the original regulations. Ban extension of cash instalment do ~ %|loans for the purpose of making a **** |down payment on such articles.

NEW YORK, Oct. 27 (U, P)—A break of 1 to more than 10 points in Tobaccos unsettled the stock market today. Trading was quiet. - Announcement by George W. Hill, “% president of American Tobacco Co., that the company’s management = ‘% | favors a reduction in the $5 annual dividend to $3 sent American Tobacco common down to 56% off 1% and the B stock to 58 off 11%, both new lows for the year. Other tobaccos : followed.\ R. J. Reynolds issues made new lows, the common at 50 off 2 and the B stock at 28 off 1%. Liggett & Myers declined to 83% off 1% and its B stock to 83, off 3%. Philip Morris lost a point and Lorillard a fraction. The captive coal mines strike | F: M. caused some selling in stels. ' Losses ranged to more than a point in Bethlehem. The American Iron &

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Public School Mercy Frontlines

join B. B. Hughes Music contrasts Boy Greets Gir)

Mid Day News

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Industry Speaks

Community Hall Seve eS Indianapolis er - {Indianapolis ‘oman in Lester Huff

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6:1 ga 7:30 8:00-=Dr. 8:30--Brews 9:00]

5:3 : bner 5: AS— Lowell Thomas

i''y [steel production this week would

Three Rhythms Sportsman's Hour

Tom, DICK. "Ha Tom, Dick, Harry

TUESDAY PROGRAMS

dn Musi Gioc

Lester Huff Musical Interlude Cheer Up Gang

iendlv House 1s

Front Pars. I Farrel Ahe ahead Oia: Tame. “Varieties

Siesta Time Indianapolis Abeaq he

aa . ) ue) irl Marries Abbo Vegabonds:

Romantic Music Club

Luke Walton A Mystery

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3ehind

lelepha Felephone

Firesto!

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Brewster Brewster Boy

Pres. Roosevelt Pres. Roosevelt Cavalcade Cavalcade

Dick Reed Admiral Nimits Rhythm

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News. Varieties

EC Red)

Heaven-Home Heaven-Home

Shovoine School Bathelo lors Children Helen r's Chi

Helpmate Road of

Fever Youne

Lone Sourney ingin’ Sam r Datense oy Dic ck Stone Dick Stone Farm Hour

Gi Se

Piano Twins Linda's Love -

Foarta | Ha Rony B te Wife

WLW MONDAY PROGRAMS

6: Pr ring Weather Cavalcade

=% % rate at 99.9 per cent of theoretical *| capacity. Rails, coppers, oils, airline shares — and “mercantile issues registered -— i small losses. Motors held about

a % steady. Westinghouse Electric lost a point.

Dividends 4 Lynch Corp. 50 cents payable Nov.

5 vs. like payment Aug. 15. a ~ Otis Elevator Co. 40 cents on com1

9 $ EER ur Beautiful Life

WHOLESALE F00D PRICES ARE LOWER

NEW YORK, Oct. 27 (U. P).— Wholesale food prices declined in the week .ended Oct. 21 to the lowest level in nearly two months, according to the weekly food index] compiled today by Dun & Bradstreet, Inc. The company’s index of 31 basic] an food commodities fell to $3.26 in

*® F

1 Texas Pacific Coal & Oil Co. regJular quarterly 10 cents payable Dec. 1 record Nov. 10.

mon payable Dec. 1 record Nov. 14.

Container Corp. of America 75 cents payable Nov. 20 record Nov.|° total dividend this year to $1.50, the same as last year.

the latest week from $3.29: in the| sh Ce: previous week and compared with and

tea, peas, eggs, potatoes, ar lambs were higher. Wheat, rye, oats, mess pork, bacon, lard, tonseed oil, cocoa, beans, steers and hogs were lower.

asoy WHEN.

elevators lang

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