Indianapolis Times, Indianapolis, Marion County, 24 November 1941 — Page 14

JSINESS

Common Stocks Bring in High Yield | fi But Still the Public Isn't Buying [a raat By ROGER BUDROW.

: THERE . ARE 269 COMMON STOCKS listed on the|? New York Stock Exchange that have paid dividends every year for the past 10 years. + On, the basis of what these stocks were selling at a little] more than a week ago, an investor could obtain a return of ‘nearly 7 per cent for his money, tat is considering dividends

as yield or interest. ' This compilation was made by the

= EEE Sg PRICES DIP c= 5 T0 10 CENTS

Top $10.40 Here; Receipts Bulge to 13,650 Head At Stockyards. dustrial bonds

: rn Boy invent Hog prices fell 5 to 10 cents at a 0 . 2 to 2.8 per cent the Indianapolis Stockyards today,

for his money. As a matter of fact,{the Agriculture Marketing Service there are some Snon Siseks now |reported. selling at prices ey con- . 4 tinue paying the same dividends—| V eights under 210 pounds were would get the investor 12 per cent|a nickel below Saturday’s prices | on his investment. while heavier weights slumped 10]

| i to ome ean a or 5 cnt. Todays top was 1040 ox

market [in this boom. Perhaps it!good to choice 190 to 200-pounders. fears that higher corporation taxes| Sows were a dime lower. Steers, and defense manufacturing will put yearlings and some heifers were a the ski der corporation divi-|quarter higher. Receipts included 0! 2221 salable cattle, 640 calves, 13,tock y xenange itself admits ks as if the high paintin 650 hogs and 3070 sheep. ration earnings has been hod and that EOE now on, 'profits won't be so large. ba “8 ® |. | THE VICIOUS CIRCLE: | Steel mills n scrap iron and steel to ‘make new steel. They've been turnout (so much steel that scrap \supplies are running low. Med evens ’ | ‘To make matters worse, automo- 160" 220 pounds ; ) Ami B .... 42 bile p tion was curtailed to save Packing Sows 3 hsynesss steel so now the steel mills get even Good Ad Choice a less scrap from Detroit because of| 300- 330 ‘pounds -iiil0iiiil the drop in in auto production. fr 360 pounds | 2 2 2 Ge "400 pounds .. : 400- 450 pounds .. THE MANEUVERS the first 3230. 50. POUNAS .eooerasansas U. S. Army (400,000 strong) is | 250- 500 pounds as i . : 1, r holding |in the Carolinas makes Mediuz to Gor D) o business, for the little country 90- 120 pounds stores almost too geod. After the CATTLE October pay day, the draftees Slaughter Cattle & Vealors (Receipts, 2221) cleaned out one country store,

down to a horsecollar. A gunner d50- 900 900 pound ds... with a Flatbush accent asked |1100-1300 ci Te what it was and then bought it. [}300;1500 bounds The draftees bought very air 50 200 pou s pump in one South Caro! town |,700-1300 : 43% Eh a1 and cleaned ‘out all the road maps {1300-1500 pounds veer dL ‘[email protected] 80] Case 3 3 oo in that and other nearby towns. |"-Z0 "710 One r made $1500 in a uiso-1300 Boumas na Ean sie week, after getting leave to be an 730, 1100 pounds agent for a northern brewery. Steers, Heifers 2 2. = G00 750 pounds [email protected] : - pounds. .....cceee. os ger iam ited - 2 ODDS AND ENDS—Canada has Good tad 6 pr i. 329% ordered 2000 ¢ jeeps” from Willys- 500+ 750. pounds Reto [email protected] Champ Fave ave Sead, i Nite Srger ‘may | 750 $00 pounds .. [email protected]| Chos = Oho bi a oO: apanese ¢ cecevesssanis es create shortage of. green tea mext a io pian site. ve nels i year, most of which comes from |[Medium— Japan or Japanese-controlled areas, Wn - TopiNasienie Tea Bureau, Inc., warns. . . . Bureau - poun of Mines estimates Indiana’s daily crude oil demand for December at I 19,700 barrels. . . , General Electric has a 11,500-mile private telephone and telegraph system linking plants} in 17 cities, from Lynn, Mass. to}pg Milwaukee. . . . Experiments in growing tung trees-in southeastern Texas are proving successful, Commerce Departmerit : reports. . England is salvaging 50,000 tons of waste paper a week.

AcE

wm B fue Oouuped by :

Year Ago arian He (1941), 133.58; Low, 115.30. High (1040), 152,80; Law, 111.84. 20 RAILROADS Saturday “esagecvenssesetsase Week. Ago sodbsesssnuasses ne Monts Axo ssssssegansnesees Year ALO .......iccsseensss High (1941), 30.38; Lew, 26.54. High (1940), 32.67; Low, 22.14. x7 15 UTILITIES SAtOrdAY ....iceraeresseesse 15.87 Week Age ssseecssssssuseve 15.79 Month Age eecasscsssessance. 17.9 Year Ago se sssessssessstess 20.40 High (1941), 20.65; Low, 15.52. ‘High (1949); 26.45; Low, 18.08.

. -

WASHINGTON. ‘Nov. 24 (ov. P)— A survey disclosed today that about} | 20 per cent of the over-all Govern-| ment-financed defense housing program has been completed and that many communities throughout the

Q nik nernd Shauune a L & HEH Hb * ay * ges ET FEELEE

928 EB Hit

BEEEEREEEEEREER = :

4 3-3 + :

Boe it

5 sgt

g ® Eg 4 ta itid 3 Foe Sara EEE PD ace HERE 4] | £5

2o% La

+11 EF EEE rE

WEE 3 . . re .

OX +: |

of Nov. 8, approximately 50,000 have heen completed and about 40,000 oc.

cupied. But Congress has not provided all _|of the funds necessary to complete]. the program. The $492,500,000 already available has been exhausted —allocated to projects representing about half the program. ° is considering another appropriation of $300,000,000, which Government authorities say will be sufficient to complete the job. -

, Dayton Appeals The 50,000 completed housing

Ban tae Bn Bon Bo Bo ee Bo Be Bi Ba Bee Bo Be Sn ae ee Be Ba a ben A Bipnden

BBEBBBRBEA §

rtp mag: 28 oa

Eat

Bonn es n =

w 3 2E u:

p f

§ “R

“The greatest jerker of all time,” was the unofficial title which Gov‘ ernor - Schricker gave Charles G. Brucker, Pulaski County farmer, who this year produced 1716.91 bushels of onions on an acre of soil. Officially, the Gevernor is crowning Brucker “Indiana Onion "Kay and presenting the trophy awarded annually by the A&P Tea S00 IE aoa Esl] the ALD 1 oe The. award was made at the Nerhorn Yndimma Musk. Crop Growers Association meeting/st La Porte, :

pees

Been S nna aa | +++

ernment: bonds, savings ° accounts and high - grade municipal and in-

Mobile & Oh 3 i M&O Ph 20%

. . . . . . . .

EEBREREEEE g 1X

Sadatie Hi

To 5 -

2s Eager End Blt

S THEE H+

+4111

= FRESE -

SEES BESS er ®

its Bit ox pi 63% iymonts "Oi :

- 8

£3 ERE Sek ESSERE Fess a 3

1 PO TH FEPR S 8

» EF EE

Hershe Ei = i

Hoflandes & Holly teas yd 1438 ais 71% B- 9% se. 45% 1

Ya Hud oo &8 19 9 Hod Bey Motor. 3 41d

. . He Rand

oe ple

SEES 3

eed Sa +1 LEE] EF] Be

a a La

Railroad Stocks Tyrn Downward NEW YORK, Nov. 24 ww. P Ed mark turned

tHE

gab

8 SEE

«3 tS

| 7% Cn mt Li 15% 92 90%

4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 & £ 4 4 4 4 £ 4 4 # A

SR WE eeRes ls FS FESS

as Cor Aviation

Sy —-

22 EE

vees 10%

+ HAH EH

w =

EB sees

a +

ne L4H ® OEE

saveee

oe -. o oe we

FERRER

HOGS

ry] Pe a

BER FIR HHI] HH

+++ a

BOERS SSS ES

.®

Lee gee

AREER FESS BELE5

available. . In response to many community appeals for Federal assistance, the ASTERN POWER OEM's Division ofs Defense Housing F costing an estimated $50,000,000, 1 $492,500,000 Available of defense families has created a + . w : sericus housing shortage. Mr. Pal-| Services Beginning in Fall Indicated. 25 per cent complete. As a result of] WAS: new request, Mr. Palmer's of- The Off

units represent about 40 per cent of Co-ordination, headed by Charles F. SHORTAGE SEEN A typical appeal was one from mer has assigned 200 units to be GTON, Nov. 2¢ (U.P.).— has prepared a greatly enlarged

BaRing - 8 iti t

the total to be built with funds now Palmer, has approved new projects ‘Dayton, O., where the sudden influx gations of C ivilian built there and these are now about of Production Manage-

Pond S008656

x |

FR FREER FS SEF

program which soon will be submitted to the White House for apY% proval, Here is a statistical picture of the housing program as of Nov, 8: Punds available—$492,500,000, Funds Sllovaln. sot) med $493,500,000 for 1 regular fam- to develop until fall, OPM ily dwelling units, and some .$9,- cials said additional heavy 000,000 for 7334 temporary units,\nower loads for defense industries Suck - as. trailers and portable may force winter, spring and sumuses. units’ under construstion mer curtailment programs in some

Family ; areas. contract—103,792 regular dwellings

anes » 8 2385 ny

wad Sata a

BE, LBB ERE ENE Eun +H aa

+ No

Sa pris EEE SEE

fe Kan C Soy .... 4 Kaufmann at 108° 108° Kennecott ..., 3¢% 34%; Keystone Stl .. 13% 13 Eresze 88 evesiOB i

. . . . . - . .

43 08 30% 20. 3 35 110% 110% 5-32 5-32

Fl: Ht

Liat 4: SSR

SF SEs aeesee’ aasseci

et Arad 19%

3 Cem...

| = | [ v 8

oo -

4+ FEES

137 65 : 5% Sha Stl pf. 3 3 Sion arp 5% 5% Shar & D pt. 58 . 55% Shell Un Oil.. 15%" i847 Simmons

+ Sa

| ¥

Chops

recesses $12. nan 75

ve Ty Jia 12.35 | Carpenter Stl... 26%

. .

Lotkiiced Aire. 284 Loew . 387 Lone Star Cem. 43 Long Bell A....-3% 1808s. + Bis .. 16, Lorillard of A188 Lou G&E . 20% 20% ‘ Me * ses un 34 H aie 3%

a ce 26% 5%. 1a

EXE STRESSES os es

., . .

SHES =e 2

. .

» HE DEER EE »

x OCS tot put bas DY pub fd fut ~-- PAR v «ttt rir LO

re EERE R ee

“«. .

ps HERR DEEL [hE

I+ +++ L4H |]

}: .

Oo a temnorary. They, said upper New York State] DU Pont and Union Carbide hid Oils held steady to TS Jean Soran: In addition, funds have been gl-{P00lDg and rationing program A total of{out of 24 supply areas east of the I age Di S Mississippi face power curtailient fense-housing construction, with|plus east of the Mississippi next The bulk of the atual constryc-| that will have to be. sent upstate| Grain futures lost most of small carried out by the Federal Works | J. A. Krug, OPM power chief,| At the end of th Federal Wor S power’ in certain. fighly _indus-| Cent; oats unchan §td-0 Cal ..... 34%

td Qil I 5% 322 32 + % Sta Oil N J.... + HOOSIER PUBLISHER DIES Bid Pi tani = %| ALEXANDRIA, Nov. 24 (U. P).—| The general shortage is antici- LL er atin Siew Christian H. Meyer, 72, co-founder Dated by both the OPM¥and FPC| thaws ang further ae 3 of the Tri-Weekly Press, died yes-|during August, September and OC-| pean harvesting, wi eee 5% 83. 153 TV|terday, shortly before friends were|tober of next year when drought sponsible for early the JS 4h 8 sre futures &

espected to gather for celebration |conditions reduce the amount of| bean pit. Trading ding anniversary. He established the projects. showing continued BE bragess | Tri-Weekly Press in ‘Alexandria with| - OPM and FPC officials agree that | sideline positions pen acting of on

gains of a pointe: each. Nonferrous Family units. completed—40,623/20C, Lous ol 0, Seas sie mosh metals and motors regular Ph 1622 temporary. y elec. oi a power located for the construction of 2545/before . next fall. Federal Power ore X regular, regular units and. 8264 temporary Commission officials. said that 14 At present, 10 Government Programs next year. agencies are directly engaged in de-| “The only important power sur- SOYBE IN FUTURES their activities co-ordinated by Mr.|year,” an EPC official said, “will be| . , Palmer, ir the New York City area—and[ CHICAGO, Nov, (U. P). == tion and management of Govern-|{o Buffalo.” opening gains in t-hour tra 'ment-financed projects is being on the Board of T Drought a Factor soybeans maintained a Agency through I Division of De A } fense Housin e ce of the has predicted privately that there| Wheat was up &E i % 4 ..._|the USHA Administration and| wil be “widespread shortages” of| bushel; corn urchanged to off Std G & ¥4 pt 13° 1% 1% — : : trialized areas of the East and Mid- changed ow up n ent, and soy west during 1 p a

Fl] pu S8F oo prs Ex

(Yearlings excluded) ec sressssassssessasanses B.75@ 9.00

1 4 12 . 1%

PF PCC RUNS

of Mr. and Mrs. Meyer's 48th wed-| power available from hydro-electric en light power curtailment programs will] price control

FILM PROVES TOO REAL ney be necessary for most Middle- : western and Pacific Coast States. ; 4 oo ALBANY, N. Y. (U. P).—An opell| 1) the Middlewest, it was sald de. Incorporations /

uth Pap en : vee 850 i wift & Co ... Re Medium 716 8.50 NT i! Cutter and common . .. 6.75@ 17.75 re Vealers Good and choice ....... eeer.. [email protected]| Colum G

Pe Jolaniograpn. . EL

P+ Pitt: +4: |,

LOCAL ISSUES

Common and medium cull

Feeder and Stocker St ° (Receipts, $40)

3.00813.0 00@ 8.00 a

air theater at nearby East Greenbush closed its season abruptly while showing a motion picture,

fense would not over-burden niost power systems. And on the West Coast, they point to huge untapped

Highland Hickory Ski iia St. Evgnsvin

Mar sam ess A and 100 shares Class

Brass

atcher

cl +144

aa renstorm wrecked the huge screen Tce, Senerating. machinery and ig Het Su Rol : uate ra. Walter Markus. : of the outdoor “Auto Vision The- Ridley Finance Corp

ater.” nla st. Indianapolis;

SWIFT EMPLOYEES par " value

alsiness:

a financing ° GET OVERTIME PAY is SEES par

CHICAGO, Nov. 24 (U. P). —|Bidt. Svansvilic; agent: Sik 1 ne Swift & Co., meat packers; an- Baers since: I ied "Baller. 5 z| nounced today that the company Fonden felt: Sonics G we & Heinsohn, will henceforth pay all employees] Sirs . EIK hast; 8g time and a half for overtime work. A decision of the U. 8S. District : Court in Chicago Nov. 3 established | The BH. H. Lieber Co., Indianapolis

that employee engaged in “handling, | fu Aer of 056 and Sspumine Same slaughtering or dressing livestock” | ot sto nor Sotapony.- Inc.™; 3200 i {may be paid at straight time rates si, “Lafayette: so Clan, Inc, 112 for work done in excess of 40 hours

Nelson, Savini Woods, wi J : Weindor?, 5 Jocky Surin 2s Wigraties weeks Coll Engineering & Mtg. each year, but other employees are|an amendmen %to be paid time and one-half" for sine 10,4000 ska gas bo vax "ahi 3 $ 20 ... |overtime work. par value. 124% John Holmes, president, said the | fhs, EOPlSr Street Baptist church hot 6112 61% — ‘vw |company believes such a system, smendment oe, ihe i Missiosiaty : while permissable under the law, is 2 t Church. of Michigan Clty: Ile “discriminatory overtime policy,” id-West Box Delaware c Yellow T pf. 118 and the company’s decision to pay of get 8 Yo 8s 31a overtime at time and a half will],

oung S& Young SiS: 5 5" put all employees on

Nominal guctations furnished by local A unit of National -Association of Securites pounds ceesssesens. $10.25 1.3 Co a 200-1050 POUNAS seveccnees.. 10.00@11

Good— 500- 800 DOUNAS +eveeerersss 9:[email protected] Ine Toe Bd. 28 3. | 800-1050 Pounds ooitiiiiii 93081038

y | Medium— geet 3 $0 | 300-1000 pounds ............ 8.250 9.50|Cons Ed

Com: 500- 900 pounds *.00@ 8.25 Gon. © Calves Good and choice— S00, Bounds down $50 "downs down Calves (heifers) Good and choice— Cont 500, pounds: dOWR ........ +. [email protected] gon 8 um— 500 pounds down ........... B8.00@ 9.50|CoPW SHEEP AND LAMBS

(Receipts, 3070) Lambs

A Steers - Chviee

oS: ya >

13% B03

33 jermoia

hird Av Ry... 3 omp Star .. 11-16 omp Star

rissere B38 Tid . & Br.... 37 ¥ kD 5H ia ken

[ransamerica .

[+++ HE +h FEE ERR Sree Sgt SERRE 8

+1 1+ | FN ile

° . oe oe . » .

Nash-Kelv . ean NCh & 8 SL aw 2 at Acm 173 \uto *pitires 39 Biscuit. . 16% 3d & Stare. 44 Can

Drug 3 cu 2, foie 26 a => i i i ‘i

dp os Sle Ind Hydro Boe Si pid. d Gen Serv 6% pfd Tad DEL

SEs RN SRNR

['ri-Con! Tri-Cont pf . Truax Tra .... : 20th C-Fox . 8% mn C-Fox x pt. ie Twin pf.. 20° Twin Son” ow:

Und Ell Fish... 34 Union

Union Carb ... Union EB 21Un Oil Cal .... Un Pacific ... 7 Un Pac pf Un Alreraft. “ee . 40%, Un Air Lines .. 133% Un Sis see 11%

Co [email protected] | C!

Gont . [email protected] Cont Cont

PEFR HF

sr = ’ ad

Ey oh kienes 15% &L SY pid 1110 l110% pr 5 Weer 5% | pla 5 is Yates Co 3% % pe a 80 Nap Life oes

Ins com Ind . 98 N Ind Pu pid......101

Saatans

up b t Sup 6 pf. . . 12% t Sup 2 pf.. A at Tea ...... : tomas ..... 10%

Good and choice

[email protected] Mediu and good n

[email protected]) B,

co 0 pa

«oo . 0

Foss ® OX Fs SE ee

Ewes (shorn)

Good and choice. 4.25@ 5.00 ’ : Common and medium ....%... 3.000-4.35( Dist Seag .... 18% 18,

\ % Doehler 8 20 v TA : NY Dome Mnies .. 1% 1 13 CHICAGO LIVESTOCK | Ri5, tke: 7 4, 4) PY s—Receipts, 20,000; fairly active, |Duplan pf .... C& : ; Du Pont 148 147% - 147 NY Cc&StL pt 46% bulk goo food a8 tee’ Ea Ses | Duques L ‘pt Aids 113% fit NY © Omnibus 1% mos . off een $10.10 1: 25; ood 300-400-1b. sows, $9.90@ ; N ¥ NH&H pf. 15-16 10.15; most '400-500-Ib. kind, $9.78@10. East A Lines. 31 no NYOnt& W.. Y Sh Kodak "..137% 138% 136% N ¥ Shi 2 sales 10 15 cents hi Eaton Mi “eae ith zo0d and Lu kin, ds ea Elec a “ey la $11. SEL ho a strictl Elec Boat . 13 5 nd above; fat yearlings des Tur & LE sit ns

few Pi year! st ¢ a 1 PEL. or. 3 a8.

Fri F FEE dd

E Fiji +F . ts - Si. HAR Na

Milk . > amp Milk ha, Ss80 sn Wg 1 Bonds

rp DARREL DE

wberry Ne AY pf. 108% Newmt Mining 25% rt 914

Te = TES F

? 48 N ¥ Centr pt 163

yadsco Sales. via 5-16

HEHE [HE HE HLH

. Gdpmde md

CE i ry

Yale & T ...... 18% : I

: Es =

St] to =k £5

+1 Amer Virgini 5 32 + No Amer 6. £5 i ns rginian Ry 2 ws ees

Waldorf Sys . 8 1% 8 .... bis + '%| walk HGEW.. 34% 34% 34% oot

To Build Morale in Defense Plants

- «0 ~ [* CX

a Zenith Rad Pend | 10% 10%

hoo

Se w SEE

stead oe ith | medium’ to Ci ts,

att Ives t B 3 7 ceipts, TH oy active hp on aE Joc He o Na b ‘G i classes; t grade| En "0 ohne. of 108 107

steers selli BA 23 ot a | Bamie. Bidg..... &:1

Up to the close of the Chicago market on Sanavnils 2c * bush | Sor Nog smendm ushel for No. ed A Pd 1. ir merits) 1b race.

5 their : 2rderson and 65c per bushel for old No. 2 shelled of : Forrest Ter yellow corn; 62c for new No. 3, yellow ;. 9% tal kK: : shel ed 50 corn; Tic for new Hod chock! wan es Sczeshv. for Neo. white ores “ pkownki. i

lled ‘44c ‘and 44c Sor No. 2 red orp

w Dl: +40 FH =

nN 4

an 5h a a. R. U. P. ome. GC. R. U.

MP PR oA

orks ia 87 108 8 51 3

ayne; to RC. Buin. 37 WIth Ave BUS CRASH PROBE BEGINS Er addiess. of principal RUSHVILLE, Ind, Nov. 24 (U. cago: ¢ o; Shanes of ape Ave. Corp., East C P.).—A Grand Jury investigation b, Inc. 712 Carson of the crash of a Greyhound bus Mass, ‘no. capital ‘stock: William here Nov. 15, in which nine per- ET at ~ Imperial En a Ing, sons lost their lives, opened today |2napolis: ool chin

with more than 25 witnesses sched- corporation; Shane of a0 2 Hea x 2 EE Ei | Exmmr owe mABmiTs |b ghiet FT. WAYNE, Nov. 24 (U., P).—|tion Ty} Sul The annual convention and show of a ‘Pepper Bottling Co} of the American ‘Rabbit and Cavy|w sr leurs. n N. ol Breeders Association opens here tomorrow. More’ than 2000 rahbits have been shipped here for exhibition. |

RICE INDEX|;

steers . 12.25; medium . ; Nov. 24 (U. rr EE down to apart Se > & i aad treet t's dally weighted | 18 Soares: fed “eders s steady: choice offering, : basic commodi- $12.65 ihe 1 loads, $12.25@12. ir Morse .... 37 grade scarce: cows’ in very mod- I Sug «oe 20% ed Supply. fully Steady; wolgly cut- skye 2% jers, few canners b elow $0.50; mist beef cows. [email protected]; active trade on| od 4 Dep si 28

bulls, fully’ stead: o | Offer nes to $9.35; tH] Phen ...ce 2 | steady at $18 down; stock castle 25 cents "restone 8 Righer, scarce. *irestone he A: pt N Strs... 36

Stove. 21% Follan Stl .... 4% Pollan S ev pf. 28% food Mach .... 3a

Bora FEES

TEE

PT. WAYNE, Nov. 2¢ = P.).—! LOCAL PRODUCE fy Beil, SET fier Tate oy OSL d eat i

-CINCINNA Nov. fov, 24 (U. P : Receipts, er ; marke et slow, ear

28a EFEEE

«THE ge ARG 4

Ba tmuSaus La SEES agnSE Fe

[] hry > 00 088 a to FEE

$4 bel

TREN Tyee Te

| Incorporations - bus; change 3 4h E. or os aie E he. IC Sop pend

The R concrete: Machinery ‘Co. agave Laissotution by decree ‘of

Stoller-Zalndt Co, Goshen;

. . . »

9 Big omni a SRS

#1 ="

2 gun Bag SEy o.x¥ Sa [++ ++

TOT MT

- 0

Yad TEER EE

7 +H

pe : i SFI 2

pe, i Eh a 5 Tad ra arrive a 32 y : 630-1b.- heifer: ‘atound . y ers. $100 others, $9. [email protected]; /

R00 R58 I5N +++