Indianapolis Times, Indianapolis, Marion County, 13 December 1941 — Page 9

2 :

TORN UPWARD 532;

But Commodities Sump a and Ou" Due to Fears of Price Ceilings.

NEW YORK, Dec. 13 (U. P)— Brey Favorable war news from all fronts today imparted a strong tone in|S the stock market and prices rose fractions to more than a point in|g moderate trading. & 1 Bonds also turned higher, but Song G E Balt 3% commodities failed to respond to Creaole wl o's ah Allied successes on Far Eastern, Bec : African, and Russian fronts. They were influenced by fears of price ceilings. Wheat lost more than a cent a bushel while soybeans were down the limit of 6 cents a bushel. Cotton had losses ranging to nearly $1 a hale. Automobile shares were promi- * nent among stocks which failed to participate in the advance, Chrys- B ler lost more than a point and General Motors fractionally, each|l® 3% WK to a new low for the year. Further MOTH x ML 4 4 curtailment in production of néw 0% t Aeme ..... 18% \ Ww + uw, passenger cars was a factor. Pack- ht Nn Nn to Mb... 3% 3% 3 s|ard, an exception, was fairly active |yat Co WM. [Nat Alte R Ra i/at-a small gain. Tire shares showed

un “in y 51% 51 os «101; ‘s ignificant d 1% 1% a Can (1 5 , la Insignifien

; SEEEIEE ad PUBLIC SERVICE CO,

" 28, 1940, when 890,000 shares were) Puget Co 5 pf .

ul . Last Saturday's sales were de o 4 = 3 COMPLETES LOAN iE st Curb stock volume na: fead ..... 14 + J 113,000 shares against 101,000 a Nat Massy C 10h 3 : wt Sega ed 5h ae mt Steel | a8 tick

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BUSINESS

Women to Be Permitted to Work In|3 Indiana Defense Plants at Night. By ROGER nT ———

WOMEN IN INDIANA DEFENSE FACTORIES will|3} be allowed to work on late night shifts from now on although there is a state law prohibiting it. The War Department has asked the State Labor Department not to enforce the law in order to speed defense production. But State Labor Commissioner Thomas R. Hutson warns that the law still applies to concerns not working on war orders. The Indiana law prohibits women from working in factories from 10 at night until 6 in the morning except in a few cases where they are allowed to work until

midnight. Relaxing enforcement of the law

for the duration will permit the i smokeless powder and bag-load- " ing plants at

Charlestown to

use women ‘ workers three shifts a day,

seven days a week,

® ath ver- Top Is Boosted to $11.50; Nn he same . thing at the 3000 Porkers Arrive sh - loading plant at King At Stockyards. bury and the] shell « loading,| Hog prices rose 25 to 35 cents at

Roger Budrow torptds and the Indianapolis Stockyards today, bn ane

epth bomb yh. agriculture Marketing Service A tant 13 ™ - plant at the Burns City Naval Am | reported. \

munition Depot The General Electric Co. at Ft.| Weights above 160 pounds were) Wayne, which has large defense (38 cents higher than yesterday | A orders, is understood to be anxious while lighter weights were up al to use women on night shifts also.|quarter. Today's top was $1150 for! Few industries in the State are good to choice 190 to 200-pounders. | actually working around-the-clock! Receipts “included 75 cattle, 25! At now, like the steel mills are, but calves, 3000 hogs an and 300 sheep. | with the huge “Victory Program” ahead and more men taken into HOGS the armed services, certainly de- Good and Cholce— fense factories will be busier than R- 8 . ever and more women will be work-| so. 180 ing in them. = = SR, Bri THERE WERE 789 Indiana a. RN manufacturers who went through | 33. 3% the defense train during the first | Medium— day of its two-day visit here this week. Only one in that 769 said Packing Sows he didn't see anything on dis- Good and Choice— play that he could make to help | 330° 3% Bounds the war effort. He was the op- wo. 360 pounds erator of a stone quarry near | GoodBedford. %- In pounds The idea of using a train to 300 8 carry defense items around the country so manufacturers can actually see what the Govern- | Slaughter Pies ment wants them to make seems | Matt te and 8 : to have caught on well. A plan Ei cv 1 an of permanent exhibits in 40 cities, | CATTLE . which would probably include | Staughter Catlle & Vealers (Receipts, 13) Bh Ee Bros ai 3 \ Indianapolis, is now being dis- i Butte Cop & Z 2% cussed. | RN 8 : A Ba wi : » = ® aN \ \ ODDS AND ENDS: OPM has assumed full control over Sheepskin God supply so there will be plenty of] flying suits, jackets and coats for | the air fighters , . | War Depart-|, ment has authorized use of a new standardized plastics for pistol! ga grips, slide handles on machine] Re-Tiee pounds guns and bayonet handles . . . In| Steers, Heifers three days this week, the Clopay ts Corp. at Cincinnati switched over Good— from civilian paper products manu-| 3%0- 50 facturing to making “blackout™| sa window shades, shipping a carload | Ne et 200 pounds 12.95@13 25 | Certain a day to coast cities . . . Insurance Goad Shes’ Col bal \ pounds .(...aciiess Hm 8 3 companies are refusing to sell in-| xtavium ~ os & gh surance against air raid damage, , yy pounds .iiccicieies Sense | eae I) although there is plenty of demand HN "000 POURS ........oeiee. T50@ sso! § re Ry 3 for it. They say they can't agree) Cows | ike 8 ot I 3

k g S050 § ignode 8S pf . 30 Sn 12, Jp 25 to 30 cents, top a 313 25: owe sahiatbLn ‘ uly cents er, we cutter on a8 standard rate; ‘want to know good : i Hi er, Plegel - g ghty et s

To. 13% 12 «da 3% 9T% hg oh 3 3 Ind reaching $7.40 and most fat cows. $7.75@ ena «8% x vole ‘ 4 “aie Ran cei : “ee x 4 4 ‘ tein A & Co . 1 1 3.50: bulls strong to 25 cents higher, and . Tt «Ry x x ak ¥%3 Ss pL. 2 . fave S © 10% Woo “ ’ , «vss [Vealers 25 to 50 cents up, weighty sause~es

Pure Purity Bak . bulls $9.50, and choice vealers setting i Print Mfg = er Prod U9

758

SER EERE PAGE CESS :

FEEEEESE # $i SEFES

Yi arrannes cessss 110.88 Week AR® .viiieinineninnn 1a Month Age ....ccoiinecceine, 1IEM Year Age . seisteasiases 19281 High, 1941, 133.59; Lew, 100.01. High, 1910, 152.80; Low, 111.8% 20 RAILROADS Tolay ....... Sessrisases «umn FoSterday . ..o.ccoiiiinnnie 28 Week ARS .....ccivievccines 28 Month Age ....cciieiiiaiiie 2T8L Year Age . NES Righ, 1911, ‘so; tow, 24.25, | High, 1940, 3267: Lew, 2014 15 UTILITIES

te SssRAtt ARREARS Week Age SastenstaataRtiee Month Age TE High, 1981, 20.65; Low, i. 12, High, 1910, 26.45; Low, 18.08.

16 MOST ACTIVE STOCKS

Net (an Tooe) Righ Low Close Change Aviation Cor 114 NSW 5% 4s a LLU LAY 33 NR NN 532 Ww 19% 19% 1%y 5 50% 30% &" " 8% 84%

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Fats and Oils as of Nov. 26.

CHICAGO, Dec. 13° (U. P.).—e Wheat futures tumbled more than 2 cénts a bushel and soybeans dropped the 6-cent permissible limit in today's short session on the Board of Trade. , Enthusiasm in all grain pits was chilled by an OPA order imposing ceilings on the prices of fats and oils at the levels of the closes om Nov. 26. Closing wheat prices were near the lows of the day with losses of 2% to 2% cents a bushel: corny finished off 13; to 1%; oats off 13% to 1%; and rye off 1% to 2%.

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Public Service Co. of Indiana,

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Inc, today borrowed $10,000,000

Net th ot 4h ae in a Close Change | RAt Tan 1.70 ah + [from six banks and two insurance Lt ge ee Cie Natoma mn Je companies. The loan, represented Tech

e ot 31 2 a RRB ‘3B 3 + -"'y|by unsecured notes, carries an av- “" ‘ 26

S erage interest rate of 2.6366 per u 0

| cent. : Wheat-—No. 1 hard, $1.26% Participating in the loan are the Wept, ¥ oul Corn—Old No. 1 yellow, 19%c:

Indiana National, Merchants Na- ————————————————— yellow, 78l2c; No. 4 yellow, 77%c.

No. 4 mixed, 72%e¢c: No. 2 tional and American National Banks 3 vetlow Xd; 120; No. 3 yellow

of Indianapolis, Chase National GC h icag 0 S toc ks No ys

Hank of New York, Sonuinenta: Il- Jane: slo. No white, 3 o; No. 3 whitey inois National Bank & Trust Co. Pa ood ecial heavy, 55c 73@9 and Harris Trust & Savings Bank|apbott Lab ... shh 28t emis =r and screenings, © 45@ 680 4 RemIALL deed of Chicago, the Travelers Insurance s Chalmers. 27% 26% 27's + 2 AE Ha ee No. 2 barley. Soe; No. 3 barley, Co. and Northwestern Mutual Life|4 &Co. IN Ie an 4 Ue; N 8 9c; No. 3 malting Insurance Co. A Rye. ‘No sales, 1 The loan is being used to redeem he po. 3 yellow, $1.58,

Cash Provisions—Lard, $9.85 bid; loo! $10.05; \ f, 48,800.00 a Public_Service Co. of Belden Mik. eaf, $10.37 nominal; bellies, $13.

nomina bentures maturing semi-annually to Breach & "Sons. . Sept. 1, 1049; $400,000 Northern In-|gro¥n F&w .. diana Power Co. 3 per cent serial| Butler Bros notes maturing annually to Feb. 27,|& : 1945; and $396,923 Central Indiana Power Co. 273 per cent collateral Hotes maturing semiannually to| Chg 59.

Ch Ma mew Apres bear interest at & Lr ‘4, 2% an per cent and mature serially to Dec. 1, 1050, Comwith Edison Early last week the company sold Bacter > Som an issue of $13,200,000 of 3% per Ee cent first mortgage bonds, series EK C, to a group of eight insurance companies to refund all underlying mortgage bonds. They were Northern Indiana Power Co. 44's, due in 1965, and Terre Haute Electric Co.,

:| Ine, 5's, due in 1044, P 9 : The company’s funded debt now Inl Ctl Co.... . utchers topped at $11.35 with 180-270-1b, a os g at [email protected]; most 270-320 consists of first morgtage bonds, ‘ y co libs. offer ) Is WB 3 in s. offer ngs at di: 5@11, and 400-500-1b, series A, B and C, totaling $55,850,- vu ob a Baad Towa it [email protected] Ud: 100: § i } . ; 3 p “y 0 calves. 2000, and the $10,000,000 loan. ! ‘ 4 + the week: Good {0 choice fed steers am yearlings 50 to 75 cents higher with ine %|stances up $1; common and medium grades, especially comon offerings, ve uneven, closed slow but 25 to 50 cents ups 5 | toD. $14.35, new high since May, paid for choice to prime 1071-1b. Colorado fed yearlings; 1argely [email protected] market, Jil most bid weight steers $12@13; 1448Ooh belt striotly choice offerings up $13.50, and comparable 1248 lbs. at $1. 00 sprinkling very common killers under $115 nga ‘ 5| light yearling steers scarce’ fed heifers ears- Roebuck : acutely scarce, mainly shortfeds at $10@

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LOCAL GRAIN

Wheat—Weak: receipts 8 1 red, aL 16%@1.17%%: No. 2 Tod $1160 1.16%; No. 7 ard, $1. a 18%, Corn—Weak: recei pis, 3 30 carloads: 3

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CHICAGO LIVESTOCK

CHICAGO, Dec. 13 (U. P.),—Hogs—Res ceipts, 300; few early bids and py about steady with Friday's average; load good and choice lightweights, $11. 25; some 1b. averages held $11.10; for th week: Butchers advanced 75 cents to $1.15 and acking sows 175 :

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risks as British Government did Canner SERREEEE sees whtn Nazis were air-raiding the) h British Isles . . . Treasury Agents) geet— (Restle: exec have taken over full supervision eye of General Aniline & Film Corp. | en (iis big dyg producer investigated ford Sutter and Common o.oo... its connection with the German! Veaters

chemical trust, I. G. Farbenin- Good and choice Cabin dustri mmon i medium ustrie. cull

—-

Sreciy at $13.50; stock cattle up fylly 2

Or Deoteipts, 100; late Friday 1as lambs and vearlings strong to 15 cents higher: fat sheep steady: choice fed West ern and native lambs, $12.50; bulk ogose and choice, $12.25 up; choice 95-1 fed yearlings, $10: few choice fat ewes

U.S. STATEMENT Watters” mba. closing Ho” 16 ceria

3 Th yearlings and sheep sharin WASHINGTON, Dec. 18 (U, P.).—Goy- late top fat native and ted Wests ernment expenses and receipts for the arn s, $12.50; bulk good and choive, current fiscal year Shiougn et. 11, coms- % 12.40; ¢ light and handy mxperave | APlboReter oo, Lust wear | Sl atuOAS, HO eibers, $020 Uo . choice wo at ewes, u er ses 9. 350.2 14.077. .381,886,780.25 | fat natives, $5.15 down: few Jocks white . Spend 7,069,241,085, . faced feeding lambs, $10.25@10 Receipts . 9 et Def .

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Nominal quotations furnished by local Cholee— unit of National Association of Securities] 500- 800 pounds 10.75@ 1200 Com Dealers. HE pounds. [email protected] | Come: Stocks Bid Ask | Gx 3 i 500- 800 —ounds oot 10) 11.35) ents Finance Co Inc com... Y'% 9 pam Finance Co Inc pid... 20 ava A — sRENH| » Con Belt RR Stk Yds com . . 39 Te | [email protected] Beit RR Stk Yds pfd....... 8} ii AO Bobbs- Merrill com i is Bobbs-Merrill 41:7% ree, 8 Toa $= . a : Boor Dif on. oor 1 gr . 1asesds Home T&T ™t N Way ne % te | m-— . Ind Asso Tel LRN TL » 500 pounds down .. sEs@NEs BY dud 2 10 “: Calves (heifers) |& ndpls Gas Latah Ind Hydro Elec 15% pid. . | Good and choice Ind Gen ay 8% pid Indpls P&L © \ Aaah sobh whi *Indnls P&L Sh % | > Jodbis Water Sh Sid ny SHEEP AND LAMBS

Indpls Water Class A . Lincoln Loan Co 5'%% pid... 90 (Receipts, 300) Lambs Good and choice . ne Medium and good .... ‘ait Common .

Line Nat Life Ins com... ..... N Ind Pub Serv Size pfd.... 93 Yearling Wethers Good and choice ium

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34.333 FOOD PRICES Sub, ‘Debt 5, 13215263 44,206,560, 4

Gold Res. 22,774,819, 845. od 21,858,390, 98. 4 CHICAGO, Dee. 13 (U. P). topples aan. 1 Bn $8. oad. 6 ifn Calle exican, lugs, caulifiower, Cal INDIANAPOLIS CLEARING HOUSE fornia, ‘erates, $1.78@3: spinach, Texas, bu. 90c; carrots—California, Rr tod: Clearings .... ceeee 8 5,877,000 | letfuce—Arizona, crates, [email protected]: ne cesses 15,074,000 | STO sweet Potatoes Tennessee, bu, $1 ™h Week yellows” ST4TY 47 0 Siar kas Minielo's Clearings «..o...cviiiiiiiiiiiis 26,604,000 Wisconsin yellows, $1.55: Utah sweed

Spanish, $1.35; Idaho sweet Spanish, $1.20. TTTVIY VI TE rT Toe d FORKIGN EXCH ANGE

(U. P.).—Follow- Personal Loans

NEW YORK, 13 ng 0g closing cable rates on major curs May be arranged through our

Cable Net ersonal Loan Department

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Bonds um Algers Wins'w W RR dhe... io } Cutter and common . American Loan 5s 45. tel mor | Cent Newspaper 4'5s 42. 51 | Citizens Ind Tel 4's 61.... J | 5 oe Consol Min . 5s 50 as pgs A Ty ay ful Tepeneres eS.

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BUSINESS EDUCATION pr BSERN ¢ to "EHO . Accounting, Bookkeeping,

TAK 32 8 enogTphio and Sscretarial cour; LEON Tao, ¥s BE Va Garant, Sein. Lineal 433, 238 Mass. Ave, Adie o Central Business College

ral itects and Builders’ tor Tdote.

Ron bars - “st 1 " +11 a0 ¥ lien . . EE —— — : ylvania & Vermont Sts. ; Hy = WN oe [Bontte (iiiciiie omen] ath Year SANTA'S WONDERLAND i y Lesson TEER TET rr Te Ve sm CT EXCLUSIVE

Instruction > a NDIANA MUSIC 60. PROGRESS MARKET E. Ohio St. Ll 4088 LAUNDRY

PHOTO-LITHO and FOR WAR AND | risxocsars rein "WASHINGTON PARK BOMBARDMENT || aaianssetts pine MAUSOLEUM

INSURANCE || see | Washington Park Cemetery |

calls MN Better Fur Coats | LL 9119 OR RI 9000 For Less Money

BON 0. AsPy ||" ARiLIN FURS

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