Indianapolis Times, Indianapolis, Marion County, 8 November 1941 — Page 9

A Depression Atter War is Over dome sissl 0 de de de og Yostoragy LL 188 an Bo 30% = 'y [Week Age serevengenrs TUBAL 40 “lsn’t Necessarily in ‘the. 2 Cards A ie -B3 ROGER BUR THE NEXT DEPRESSIO » BE ‘the ‘other evening. As usual, most ‘persons were gloomy about the prospects of escaping a. collapse after the war is over. That's what happened after: the Ci til and World ‘War; wasn't it? © : -Yes, that happened: last tide, arg ed ‘one of the group, bu that doesn’t mean it is going t ‘happen this time— |: nec ssarily. ‘But, of course, he ‘admitted, if everyone in the chuntry believes there will be: «depression and acts accordingly, there probably will be one. He Then he cited some of the opinions Te = 38

‘of Harold Moulton, president of the

Brookings Institute at Washington, to ‘show that a depression isn’t a sure Yung bys any|

means. hy m uy “IN DULL n “harder * to build :

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until the war is Lowest Since 1938; |

‘over... Automobile production . has | Rails Hold. been cut and Ator there will bel NEW YORK, Nov. 8 (U, P). [dhe thousands and Stocks settled down to the. ‘usual{atl Ge&WI pt thousands, of Saturday quiet today with prices|atl Res

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18 MOST ACTIVE STOCKS yh Bales Net 1 ach. . = : 340 pou 0:00@1. cago . Theater f aA (18 1008) High ‘Yow Cltge Change Ear Tn GL 4278-300 pounds. ....e.ese rine i88ED. 0! Tat Mer Mar 108 13% 19% 18% + % : ; | 20-360 Pounds ‘ores ites ier. BLI50 8 Teal id Ace Verses’ Lis 3 ; C2% 1% 1% + 3% X jal 3 46 5-16 ware 214% 145% 14 “eee CBT 8% i 23% 2s 58%, 38% LW Socony Vac... 32 10% 9% South Pac ... 31 12% 12% 1 Amer ‘Rad .. 30, 4% 4% 4% Badio Corp... 30 : 8% 83% Gen G&E A. 29 1% 1% Aviation Corp 28 8% 3% N Y Cent ... 28° 10% 10% Stand Oil Cal 28 : 28 nh

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Loker BY worn out auto- lower. © 4 ‘Roger Budrow obiles | and|: Enough! leaders. had losses ‘fo EEE PA =z at trucks that will need replacing. The|pring he. averages down slightly.[*"*"*" orp. a 81,000 shares, compared with S10 Vadsco adseo Sales + Je airlines aren't expanding near as/Only a minor decline was needed’, sia, Lose. ot. a Weck earlier. » = Jan_Raalte ... 26% ‘much as they want to now and after to. send {the utility - average into Ohio ": | 39, ns = HE on st af the war: theyll have a long way t0 new low | since 1938. : Ali all pt 8% Bs : va Pe 16% go. “Railroad shares held well in the ane Iter... Hh Low ane onsiee “In other words,” he. continued, face of -a threatened strike of rail-|B Intertype ..... # # 3 ia Jewell Ty Tp 4%. 110 wr 8 + Tr

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“I'm saying we shouldn’t be growl-|way employees on Dec. 5. Market ‘» ing about these sacrifices we're be-|men believed the Administration | ing asked now to make because of \would, do! everything in its power thé defense effort. Because they are| to settle the dispute. really a blessing in disguise. We are| Japanese bonds weakened to feajust postponing our wants—or de-|ture the foreign section of the band mand—for & few years. market. ‘Domestic corporate and Keith-Al-O pf . 13% 13% «another. thing. - Whether you|U. S. Government issues were nar- My Kelse 3 es: Ys % have noticed it or not, there has|rowly irregular. Bin 3 to: RS ee AB 3. Bo been a major shift in policy among| Commodities were dull. Wheat Bucyrus oe teva Kress «........<38. 21% ng BL ... 1 defense officials in Washington. At/eased while cotton futures were Bucyrus ET PEM nue 18 : : est El 1 pf. 9 the beginning of the defense Dro-|steady and coffee and black pepper |Budd Mfg pi. 61% AR 13 Wheel Steel . 38n gram the idea was to € non-| firm, ro fue Butte ns £7 3° 3 Fs aut 3 ot ia Fo White 3 «defense manufacturing in favor of i eb Jo ea bh V Coal... 1% 1% oo [hte Sew Mi i defense manufacturing.~ The boys : : Cal’ Packing oa a0y al RE... 3 | i illys Qverld pt da who wanted to expand this eountry’s ‘DE Q ¢ c.. 3 % % .... |L-O-F is 8 & Co.. a br _ Bulls productive capacity lost ‘out in the g L lumet, & H.. 6%. or Bb ST MWe on AT Ro ii 20% 20% Fit Le arguments. winging, Wh Ca CO. RT a ar My “bi. 1 Ga nN Goa ' 8.15@ 9.25 “But now they are ng, y A’ : ase JT 78 5 5 “ee J s eo Ya i : Lesssonasssennssveseses lo C only last week 'a big expansion was WEATHER FORECAST Case J I L..1 * 2:++,, |Lockh ah 38% 18% Young Sheet... 35% 35. 35 < — Goa pisettanreesveoesessie Teen ~announced for the Gary steel mills. ple Ths : | Geranese ia re ies 108° BE? yee. a Young Sa Dr, 12% 11% 11% = Cutter and common ........ 6. The aluminum industry CHICAGO, Nov. 8 (U. P.). —r S otex vs T% n fo —2— : o e Voalits. ing. Look at Allison, what it has sharp bresk. in soybeans carried a|Gent Foun y.. 3% 2 F . {Lorillard ws is oe 0 = Zonite. vives 3% 3% BH Good aid i sirens 13 la / 4m

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| Noonday Bhvilima | iE En dies vag BID, 11.50 pee 1080 Pounds eessecosssees 10.28 11.35 : Ek . Radic Trarbiers 800 POUNUS ,ceoco000000s 3 $10.60 : { : : Salon Birnge.

300-1050. POURS sscevvescncss D.TI8 010.50 = = Bob Parker 500-1000 noundS veseessvinyes 875@ 9.78 ymphony | Shall” We Waits

Cat! "pounds etn anss ish gn clntyve Bote. 33% 4% Ys 4%’ .... .|Cood snd ‘cholce— Lellan St... 7% = 1% 7 ; Aire 1 9 ] Sib pons dows amebaiidraey 10,[email protected] elville Sh ... 31% Aer | "400" pounds down Cede. 9.000010.78 ! Calves (heifers) Le :

Good snd CHOI 30= 4 { down .e.i.eneevs [email protected] os on

500 ‘pounds down iii..i.i.J. 8.00@ 9.75 5:00 ath : a 7" SHEEP AND LAMBS ‘| 8i48 Gene Autry Es hee ea Measints, %) : 1%: mane sen asin Common: seedless mus wha vn .50@ 9 ; ; “twes “ne wel Air Forum

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| Revival: Hour Revival Hour ;

CHICAGO LIVESTOCK| HES EE |E gE top, an AY : : It: joare ! Side. Tn Thorbil

aon ‘Em Roll eak 101 o: es ‘Keep ‘Em Rolling H, ; | esky % hoe SH Art Ease herenate es all ‘wi : 1 Stocker | 13:00 L . ey ah IE" |B OUrtisseWr ov 8% Bice ol crop ers steady; cows and domi ; : Sent CASH | . Curtiss-Wr A’. 25% N , Apr. 8ia 100% 10614 itts “Pla % 85% Fo 9 fies aod ; Wheat—No sales. : he : e . : see 33 Sa glianis® 2350 2.60, tries ‘in September, twice as’ much crop: yellow, ' 76%@ Del -& Hud. .... 10 Newport Sh. A Jn 5 a) Av. Ue % 4% $5.306:10.35, hn, g Fm ot by ‘as in September, 1940. | . . Argen- 5 tow, m. Halole No. 8.301 |D Jack 8% Eo Te a8 THE i tine elevators are jammed with 142,- | oc: i ~yelow. v. ie Ne. Segal Vo. 2% 9% 2% oo TR S0; ou cutter "oows. el 000,000 bushels of old Wheat, most A No. 4 yelloy ora ae eens 687 8% ig To awn . of which must be moved 0. ‘make Dea [3° yellow, $6161.91; No. Doehte : - room for the new crop in January|$ gellow 8108. ite, sic: No. ¢ white, 4c;

Airc. S70 10 and February. No. 1 mixed heavy, 50%c: Ni peciai | Dow ee. 116% 116 vy ony, 50%c: No. 1 ted. a | Dow Com... % qa R Du: Pont pei. 111% 126%;

: ’ Barte; No lee 70@86¢, nominal; | : and screenings, 42 s 5+ e THREE 10 ATTEND En ETE se 5 loose, $0.87; leat, $10.35; bellies, $11.78. |= a Bs Hi SHIPPERS MEETING ors: crore [Rid EE Bi 2 10CAL C 'GRAIN 5, Ei 3 BiB tend th “Indianapolis ren will 8-| rece} pis. 2 carloads: 1| Erie. De 4 oa u o 0. National Association of Shippers Ad- fed, Sromo LE: KG pr 3 Thora Aisaree Bie wf. 5 visory Boards in Chicago oo Monday SO Nieak recelpls, 3 doo ads. new ey

and Tuesday. 66% @67c; white © corn, Tc_over yellow; They are H. A. Hollopeter, Ingdi-mixec. T@gke un RES Buf 10 i 2

§ lhe point of all this is that these|dull and listless grain market into|Ss factories are mew and |{herefore|new Tow ground for the day in late e1en an e 0! oh been using. Ang. J thetefore dealings on the Board of Trade | make chea) Dubro wil be pip 5 able to buy ane |aoybesn ¢rives showed Gan their products in large q tities. osses| of 1% % cents |G Gt is! ination. bushel; wheat closed 1% to 1%

If es Teal ge ely do we | cents lower; corn off % to 1 cent; - aren't Going fo he 50 bag OF at el oats off % to % cent, and rye off

! 1 to 1% cents." It they can ld © it awa. lo J Action ox beans as. erratle c Ge oul e shor n. 1"ONLY 93.1 CEN “of every |lowing an opening break of 7 Ei dollar life insurance companies |cents bushel, prices advanced Col & So collected fast eT ponanoNiers early 4 dents only to “drop back| col ims pa in pr etait nought aga the final nal hour. in 233 cents of| every dollar and | | RANGE : jscell us income was 3 cents, Wheat— | © Prev.

- Open! | High: - Low Close Close Institute of Life. Insurance re: |... .#. 16% $117 WLIS% SLIS% $117

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; om Eight cents of every dollar went | May.. 1.22% 1.22% 1.20% 131 i i &

| ; 1% 1 for agency expe and. commis- | uy. . 1.23 148 131% 131% 138 3 : sions fo | and 25 cents | AaUh 125% | 8Ga8 Faison pt iit: more was for h office salaries, |pec:: I - 78% % eA a Cons ‘Oil... 8% - Payments to policyholdets com- |May.. .84 84Ys 83%. 83% prised 50.8 cents while 24.5 cents phi 2 cn 1.88 85% 88% i ‘was added to policyholders’ re: |! Blt% 50% 80% 51% serves. f : : i May.. [Bn 53% © .52% . : B17 So oo. iy I uy. 87s S1% a ODDS AND ENDS: 'Armstrong Dec We Ler een Cork’s linoleum presses are stamp-|M May.. Bs J43 72 ing. out alumin airplane = wing by Ba. Pn. Ah ' tips now, . . . Southern iron mills|Dec... 172% 174% 1M% 170) have started using ore Rar May.. 1.78 176 1.73 s opped ) > July... 1.92% ay... Aa 73% 1.75% L12% Dec .. 9.80. 9.82 9:80 Jan ..10.03. 10.05 97 Mar .11.35 11.35 11.25 : Am Bu pf 120

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Nom uotations furnished local {Co Fado crates, 196 1.35, Oa | pe ot Nations) Association of br aon California, crates, $3.75@4. Lettuce—Cal- | oc

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