Indianapolis Times, Indianapolis, Marion County, 31 October 1941 — Page 28

If Working Hours Were Staggered Transportation System Would Be Helped

By ROGER BUDROW

INDIANAPOLIS IS AN 8 TO 5 O'CLOCK TOWN for } most part. Working hours, that is. icularly wrong with those hours but did you ever stop think of what it does to the street railway system? « Practically everybody goes to work at the same time tries to get home at the same time, traffic engineer has’ to put up|.

: problems the City’ S new

1 ople are working, it makes

ation system. |

in Washington, where the nment is by far the biggest oyer, they have staggered work- « hours somewhat so that one group goes at 18, another at 8:15, and so on. | But, of course, motor car fachere. Well, not impossible... The new Lane Bryant clothing branch, which is moving into the old Cole Motor Car factory on E. Washington St., inquired what would be the best

Here,

That is, one of

a real problem for our trans-|

15-CENT GAIN MADE BY HOGS

Top Advances to $10.70; 8203 Porkers Arrive’ At Stockyards.

A 15-cent advance was made in hog prices at the Indianapolis Stockyards today, lifting the top to $10.70 for good to choice 190 to 200-

There is. nothing) |

First of 1,550,000 ouble yards of concrete is ‘poured on the Norfolk Dam, on the Northfork River near Mountain Home, Baxter County, Ark. The longest cableway ever used in construction of a dam is shown in operation. The. dam, When completed, will be the fifth largest concrete dam in the U. 8,

‘NEW YORK STOCKS

By UNITED PRESS

t | DOW-JONES STOCK AVERAGES

{Plan Would Clear Up Un- | paid Dividends on Firm’s .

Preferred Stook.

‘The plan provides that for each

| share of convertible or non-con-

lative rior preference stock, $20

oné-fourth of one share of

Sonymon, $1. par, shall be issued in

exchange. = ‘A hearing will be held by the Indiana Securities Commission on Nov.

124 at 2 p. non ing proposal After

approval - b Commission, the plan will be y aaeaition formally for

on the present outstanding % preferred stock. Undeclared. dividends on preferred stock amounted. to $673,750 on May 31 this year, the end of the company’s fiscal year. The last dividend was in July, 1938. No dividends caf be paid on the common stock until the arrearages on the preferred are cleared up.

Power Plants on

| Rails Are Ordered

SCHENECTADY, Oct. 31 (. B). Paver |

oe a 0.8 8. Navy Bue Of ard A DO em

plant will be located on the West Coast and the other in the East.

kilowatt steam-electric power plants will be the first of {heir kind to be built, although the turbine generators, boilers and electrical equipsent used in them will be apparatus of the type already proved in service in’ regular central stations and industrial installations. They estimated that the mobile plants can be put “on the line” within 24 hours after they are brought into the Naval shore establishment Where emergency power is needed.

SINCLAIR MANAGER OF SHELL OIL HERE

J. G. Sinclair has been appointed Indianapolis division manager of Shell Oil Co., succeeding J. L. Wadlow who was appointed manager of the Atlanta, Ga., division.

1923 at St. Louis as a construction engineer. He became assistant division supervisor in charge of the

ergency power a Naval protests may Tequire, At was

G. E. officials said the new 10,000-

Mr. Sinclair joined . Shell Oil in|

Decatur territory the following year, |

efense Agencies A For Iron, Steel t( ‘West Coast.

WASHINGTON, Oct. 31

to the Pacific Coast “in ti est of national defense ¢ stability.” i The OPA, OPM, Maritime mission, Army, Navy and & curement Division of the submitted the request for duced freight rates to the continental Freight Bureau cago, which considers all ti tinental freight rates. Defense officials said the e the order would be to low rate per 100 pounds for iro: steel freight shipments and

loadings from the present of 40,000 pounds to 80,000 po The rates proposed would graded downward from $1 100 pounds from the A board to 75 cents per 1 from Colorado shipping all Pacific Coast ports. Present rates range from $ 100 pounds Atlantic pi 85 cents for the same amoun Colorado. OPA said that many ships:

oger Budrow TU" for its em-

High Low Last Chase ployees to come to work, from the

An ; . 30 INDUSTRIALS Service reported. Abbott Lab ... 51% 51% -— Ya|Yesterday .....cccuieiene.. 110.18 "Receipts included 312 cattle, 395| Acme Steel .... 46% 46 vr. | Week Agd ...ccvesrasensness 12118

Adams Exp ... TY 7 7 calves, 8203 hogs ane and 1194 sheep. Addressograph we 127 Month Ago - Shes rons ersnve ss 19600 Air ue... 3% 3 37 3 Year Ago .i.iveiiiee cries. 3a. On HOGS 4 a Si High, 1941, 133.59; low, 115.30. 000 an oice— . Jo0d. BR0 Ohultew i Lagan High, 1940, 152.80; low, 111.84,

N.Y. C. MUST SELL SHIP CO. WASHINGTON, Oct. 31 (U. P). ~The Interstate Commerce Commission yesterday gave the New York Central Railroad 90 days to relinquish its - control over the Nicholson Universal Steamship Co., a Great Lakes operator, after ruling that competition existed between the two and ruled that it violated the Interstate Commerce Act.

pounders, the Agriculture Marketing High

. 19 5 i

became division manager the same year. He was named Chicago division manager in 1931. Mr. Wadlow’s new territory covers six states. He joined Shell as a service station attendant in 1926, was division manager of the GeorgiaFlorida territory from 1930 to 1937 when he came to Indianapolis.

WHEAT PRICES RISE CENT AT CHIGAGO

CHICAGO, Oct. 31 (U.P.).—Wheat scored gains of more than a cent a bushel on the Chicago Board of Trade today before backing down partially under scattered profit-tak-ing. Soybeans showed much strength and coarse grains ruled moderately A higher. At the end of the first hour, wheat «/Was % to 1 cent a bushel higher with December at $1.147%. Corn was up % to % cent; oats up % to 's|cent; rye up % to % cent and soy1, | beans were 1% to 2% cents higher.

U. S. STATEMENT

WASHINGTON, Oct. 31 (U. P.).—Government expenses and receipts om: the current fiscal year through Oct. 29, compared with a year go:

normally carry iron and steel ments to the Pacific Coast Vv Panama Canal “have been p foreign service and shippers and steel products have been to use all-rail service alm clusively.” The rail charges, which are m higher than the rates charges steamship companies, the OP: have now greatly increased ) of transporting steel need shipbuilding and other Pacific J0 defense needs: Additionally, OPA said, commercial iron: steel markets on the West have been disrupted. : The Government: proposal ally would enable the ra increase their minimum enues on transcontinental steel traffic because of th in carload weights on whi proposed rates would apply,

BETHLEHEM STE AIRLINE SHARES ?

broke more than 3 points 1:8 line shares had losses rangh more than 2 points today to 1 a lower, more active stock ms Bethlehem'’s report refle roads of heavy taxes to th of $15 a share on comme while the airline issues: ¥ pressed by two air crashes. where the market softened because of weakness in going and on news of the sinkii a U. S. destroyer off Icelan American Airlines touched’ 2; Eastern Airlines 29% of Northwest Airlines 12% off

LOCAL rer American Airways 15% @

United Airlines 13% off * ove ll Te a nd Transcontinental & Wes off %.

-0.19 Maytag 2 cGraw i cGraw Hill .. 2 McKess & Rob

3 llan St : y 1 Molelion pf ..108 Ts ”

But many of the big stores open ab the same time and one wouldn't ant to let the other have an ad@ntage in opening earlier, or stayBg open later. Most offices and fac- ] Jes start the day at about the p. time, with some ‘variation of

Mead .Corp ... '& Ria: Merch & Mesta Mach ... 30% Miami Cop .... t Pet

Allegh Corp Allegh Lud stl. 3 Allen Indust .. 6 Chem -+ 1180 « 13%

TV VE wo 31 pha Cem .. 18% merad Hav. 4

‘4 60 pounds 214 20 RAILROADS DOUNAS +oovsvsvcsene 1 Yesterday ....cocvvoavesoscees Week Ago cdenssestescechene’ Month Ago setesssesasonaces 29.02 Year Ago ..o..vvvarsy eee 20.32 High. 1941, 30.88; low, 26.54. High, 1940, 32.67; low, 22.14, 15 UTILITIES Yesterday censvave Week AGO ..c.vesvssvnnstnese Month AGO i..oivasssavesese 18.38 Year Ago ..... ade an . 23.29 High, 1941, 20.65; low, 16.82. High, 1940, 26.45; low, 18.03.

28.69 28.61

pounds

sseseneseneee

veesesesendesn A

sessssesssane

sessensscrnse

- NAS coevasessenes Medina 160- 200 pounds Packing ‘Good and Choice— 270- 300 pounds ....... 300- 330 pounds ... S30. 3 360 pounds

360- 400 pounds 400- 450 pounds . 450- 500 pounds Medium 260- 500 pounds .

Sau her Pi Medium and G oo 1" \ 90-120 pounds

CATTLE Slaughter Cattle & Vealers (Receipts, 312) A 8

10. 1g 35 [email protected] A

:) Those 10 new 27-passenger busses 4 polis Railways will put.in ce next week will operate on er runs, owl lines and Sundays use they are cheaper to operate ihe larger busses and so will » used when and where passenger

is not so heavy. o » ”

OPENING of the Naval Ordnance "plant on Arlington Ave. will neces- = Sitate more service out that way|' bly E. 10th St. line) and when eport Brass puts its new cartcase factory in operation out utheast, service will be added in at direction. 1100-1300 oun veral new trackless trolleys| 1300-1500 pounds te been ordered. The same trol-| 5209500 pounds now costs about $2000 more than| 900-1100 pounds did less than a year ago. Street- 1300-1500 bounds “trafic hasn't been deemed Medium Bl avy enough yet to warrant buy- 1100-1300 POURS. +:1oeermeesss i any more streetcars, Com 180-1100 3 POUNAS .covcenvcnse .

...5 8 Steers, Heifers PLANTS employing many wom- Chotee— 50 pounds". always mean adding streetcar - bus or trolley service because | 500- 750 pounds en seem to use the’ surface |cnoy more than men. A case in 750.3 “900 pounds ... is the Allison plant where 750 900 pounds ...sseren.. 500- 900. POUNAS cscesesncsse

, great portion of the workers OMMON «== 500- 900 pounds

Net Last Change

16.83 17.44

sesgrsgene

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A cesses « 0400 10.15 [email protected] [email protected] Am

Munsingwear .. re Cis

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Low 28% 10

High

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er a Ya. Cholce— 750- 900 pound m Loco 10%" 00-1100 pound v. 10% unds 19% 26

.* Am Me res sssneeees: MO0@ILTS Am New m an 1030 0 13 au -P L 6 pf.. 30 sesseeesene 1020@1110 IAM P&L 5 BTA 26% Am Roll Mill. Am

LED: LL ++

144%, —B Air Lines 31 29% R Mill.

RF CS TS

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dS seecevecinane 1: [email protected]

[email protected] a5 10.35| 4m Am

8.000 9.0040 Am

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32% 27% 13% %

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Syming-Gid Gold Res. .22.796'230.651.91 21,497,359,614.20

A Am 24%,

6Ya 13%

. [email protected] [email protected] [email protected] 7.00@ 8.50 An: 7.75@ 8.50

Ys wi. sors fo . 3 . 31% 20

A ol, , 22%

SPL EEIEL 14

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BB. ®a

Talcott J ..... INDIANAPOLIS CLEARING HOUSE Today

. Cleatings

> 8

3% 371% 20

Pair, The . men and they drive their own

Incidentally, that counter the uctor uses to “ring up” pasis not reliable in telling how many passengers are «ear or bus. It can’t subAransfers. For instance, many persons fer from a southbound ‘ColAve. streetcar at Fairfield, take the Illinois St. car, but counter doesn’t show that. So re may be fewer passengers on car at a given time than counter shows.

Tt PIO CN

6 i 13 Ya 15 ! Bn co. 4% . 87% 28

Ame No Am 8 of. No Amn No Pa DD . Northw-Airlines Norwich Pharm oe

seescessvene

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sear’ 8 ares

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Francisco Sug. . Freept Sulphur % Fruehauf pf 96

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Sat dome

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Owens 111 aS

- 10 10% bac Soa’ x 2 23 ac Saas + pt. a 43 Dao Finance ... 9 9

Pacific acite i

8. b: - over. 18¢: No, CHICAGO, er. ioc: |New Mi an Ser 3" The. and over, foc: California, ab redely bs. wad ap ingto crates, $1.50@1

.60, 2 Ai orndo, crates, fingd is: ~GEade 4 A large 36¢c; Grade 50 »

Mexies crates, A small, 33¢; no Pota ia, crates, $2.35 [email protected]. New 37% @38¢c; No. 2. 35%@

Onions 50-1, sacks) Tilinots Wo Ait 1, 84c; No. 2, 3lc.

GLI8;, Mion Sweet any. 1.

18 3%a 3% Be

- 1% 3%

Aviation Corp,

gut 2 min...

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Feeder snd Stocker Cattle 3a.d (Receipts, 395) Steers : Cholce— 500- 800 poun 8 cececassseee $10.50 11.50] Sa3<1050 Doungs sssessssesese [email protected] 500- 800 pounds cescescosescs [email protected] lo by Jan. 1 because of refrigera- i-10%0 pounds 000000000000 9.75 10.60 4 Jen , auto curtailment. . .. American 300-1000 + NOUNAS cesecsseesess 8.78@ 9.75 litute of Food Distribution finds| “500- 900 pounds ............ 7.35@ 8.78 ¢c and dealers aren’t so anxious Good and enSniTe ves * (steers) Bo 20 stock up on food now, what with |Good and chotce— Joo ALS Bi Re they. are. Package |,0%, Bounds down .. .......... [email protected] | BON, shart 9.00010.75 | BOT8

13% 13% 3% 3%

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500 pounds down ...

sess veas

Calves (heifers) Good and choice p 30, poun pounds down ... [email protected],

500 ound down 8.00@ 9.75 SHEEP AND LAMBS (Receipts, J 1194) Lambs

Good and choice ...

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box cars for the Monon, built Michigan City shops. 7) 2 Indiana mers had 63132 els o Whe, under Government loan, as| Common "ro. Sooo: !" . Wf Oct. 18, for $7,153,266, Commod- * Bwes (shorn) Credit Corp. reports. . . . Nylon

Good and choice ...coceevveee 4.25@ 5.90 30 ah ; Bros .. 6 sh bristles were introduced Common and medium .. ceuseses 3.00@ 6.20} tier Bros pf. 22% ree years ago and du Pont re-

ute SZ. M3 22 industries, ranging from CHICAGO LI LIVESTOCK Kt — Ye

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—at these Sensationally Low Prices! :

BERLE LR RRs IRR hei:

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tile slow most) and brewing, mow use nylon in|¢ ¢ diameters as brush bristles.

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10.4 SOW! 400-500" oe v calves, 300;

AILY PRICE : INDEX steady 0 W - oats up cattle trade; re.

EW YORK, Oct. 31 (U. P.).—|covs: BE ovmutont sluughies | nese pr ‘bi ug 1 .& Bradstreet’s daily weight- 3

clearances - La od eraser; 59 elo 7 price index of 30 basic commod- |steers ‘compiled for United Press Ibs. 30-32 average equals 100): ste] \ Coss 000 0000s 14337 m ago 2500000000000 00000 143.28} di © AgO L900 0000000000000 145.56 fF ess sess erennsenece 120.19 high (Sept. 9........ 14791|f fox (Feb. 17) ....cv..0s 12303

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wes, LOCAL ISSUES

al quotations furnishe: National Association. Slcuriies

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