Indianapolis Times, Indianapolis, Marion County, 16 December 1941 — Page 25

"NEW YORK STOCK QUOTATIONS _

Low

Indianapolis Business Summary

Week Last Week 1940 ed Before A Year Ago - Thus Far rar Bank Clearings veressesssarenses ss. $26,664,000 $27,910,000 $25,878,000 $1,011,784,000 Bank Debits veh essa ate srrussusess 567,449,000 $72,654,000 $59,590,000 $2,501,585,000 Postoffice Receipts Sess nResBBIRRNLY $116,001 $122,504 $98,457 $4,433,508 Building Permits ...ceisevvivvnion $68,042 $323,559 $10,248,777 Houses Sess ANNERERtLIRR BRR R RRS $57,200 $154,700 $4,502,545 Apartments cuveecosvsnsnessnine 0 0 $1,915,780 Business ...cocvevesessssnsnesse $2,000 $14,600 $1,536,162 Industrial $6,100 $6,700 $2,408,850 Public ......ccoieuenssovnsnninn 0 $138,869 $317,395 Repairs & Alterations .ovevvense $3,842 $8,690 $735,433 Applied for Jobs vivaa aa salbEs EERE. 1,172 65 39,103 Recelved Jobs ...........oonvvensene 31 525 18,649 Claimed Unemployment Compensation (Dee. 8) sense asEee Freight Carloadings: Outbound .........coveevesnnns 2,805 Electricity Output (kwh) .......... 16,328,000 Water Pumpage (gallons) .........259,480,000 Streetoar Passengers (Dec. 6) ...... 1,562,962 Telephones In Use (Dee. 11) ..vves +4128 Livestock Receipts (head) cesses 61,436 Cattle Pest besbssanbeseBRERERR 6,258 Calves PREBBLE basa 2,215 HOES «..ovstnssstnnssasssssasnns 42,912 Sheep ....c.vevevvivincsnsnsenne 10,051 Grain Resin (bushels) ...cei0es. 620,000 “Corn ...v.. 539,000 Wheat . TsreetsessEvasIeRIts ELS 31,000 Oatls ...covenennronisniesinnnnes 18,000 ceresssscesubsansteees 23,000 9,000 77,000 546,000 279,000 -- 48.9 18,000 50,000 18,000 1,022,000 1,138,000 4 114 Sources of above figures: Indianapolis Clearing House Association, Indianapelis Postoffice, City Building Commissioner, Indianapolis Office of State Employment Security Division, Pennsylvania Railroad, New York Central, Bsitimore & Ohio, Illinois Central, Chicago, Indianapolis and Louisville (Monon); New York, Chicago & St. Louis (Nickel Plate): Indianapolis

Water Co., Indianapolis Railways, Indiana Bell Telephone Co., Agriculture Marketing Service, Indianapolis Board of Trade, Center Township Trustee, Federal Reserve Bank of Ciieago, Indianapolis Power & Light Co,

Motor, Rubber {SOYBEAN FUTURES Hoh i a Shares Weaker [TURN UPWARD AGAIN

NEW YORE, Dec. 16 0. Pi CHICAGO, Dec. 18 (U. P).— Gain in Indianapolis Best

15 T0 25 CENTS

Top Falls to $11.35 Here; 11,300 Porkers Arrive At Stockyards. Most hog prices slumped 15 to 25

1% | cents at the Indianapolis stockyards| the Agriculture Marketing

§

at $1,217,428,000 $3,035,465,000 $4,644,221 $11,315,017 $6,913,645 $2,887,128 $1,411,988 $1,320,400 $684,000 $1,019,887 54,449 27,859

: 3

Net High Low Last Change — 497,

Abbott Lab “ov Yesterday .....iesssasesese. MILI 30.0200 Va Lab ot 10834 1083

Week Ago sesstaBattERtRLt 100.27 3.25 Month ABO ..iconsnnnncnnne 115.87 -.38 Year AZO .....vsssavesenos 150.58 —0.54 High, 1941, 133.50; Low, 100.01. High, 1000, 152.80; Low, 111.84.

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Yesterday Week AO .i.covrveneninsnns Month Ago .. Year AO ......vvuus Wat auni High, 1041, 30.88; Low, 24.25. High, 1940, 32.67; Low, 22.14.

15 UTILITIES

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Allied Chem ...141 Allied Mis his 19% Allied Stores bf e ores pf 79! Allis-Chal » i

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ogs weighing more than 160 pounds made the decline which brought the top price down to SIL SOF £900 1b ehivles 190 to 200-

PO Weights under 160 pounds were i?| unchanged. Vealers were steady with a $14.50 top. Receipts included 2300 cattle, 700 calves, 11,300 hogs and 3050 sheep.

+++ I ++++++

15 | Yesterday Week AZO ...cvvinsnsennanan y, | Month Ago 15.71 —0.08 Jel¥ear ARO .....svsssreseeth « 1981 -0.12 High, 1541, 20.65; Low, 14.96. High, 1940, 26.45; Low, 18.08,

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Celanese pr pf. 120 Celotex p » 1

14.07 40.01 18.37 —0.9

Airlines . Bank Note Bk ie pt. sy

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2,247 1,82 149,162 4,335 2,347 13,894,000 215,220,000 1,438,258 +221 85,512 1,215 2.421 64,996 10,820 $40,000 666,000 21,000 58,000

87,754

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FER OF FEES

187,200 128,150 597,796,000 11,709,920,000 63,598,725 99,641 3,145,476 310,845 147,100 ,2,425,246 346,085 25,714,000 16,003,000 3,672,000 4,162,000

2288 144,738 702,361,000 13,041,390,000 67,680,447 110,350 2,012,114 261,600 142,739 2,143,868 327,427 33,165,000 22,520,000 4,279,000 5,074,000

2,733 15,938,000 262,060,000 1,528,183 +185 78,160 6,466 2,633 60,289 8,772 616,000 480,000 39,000 38,000

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Ben Day « aheaveauaes Tag

1200- 1300 pounds ...cosseses . 1300- 1500 pounds - ver [email protected] «+. 12.00

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Weakness in motors, rubbers and mail order shares stood out in an otherwise irregular higher, moder-

ately active stock t today. came into General Mo-

|

Soybean futures hit the recovery trail today on the Board of Trade after losing the maximum of 6 cents a bushel in each of the two

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Armour Ill or ot Armstrong Ck Artloom fuse Pay Gds ..

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1100-1300 pounds Common— 750-1100 pounds .

Steers, Heifers

[email protected]

Chotce— 500- 750 pounds

Good— 500- 750 pounds

[email protected] [email protected]

Choice—

Of Midwest Cities, Bank Reports.

By ROGER BUDROW

Indianapolis department stores are enjoying greater increases in

Selling tors and drove it down 1% points to a new low at 31%. Chrysler made a new low 44% off 1 and rallied slightly. New lows were made by Sears Roebuck at 57% off % and Montgomery Ward at 26% off %. Rubbers receded fractionally.

previous sessions. At the end of the first hour, bean prices were up 2% to 3% cents a bushel. Grain futures followed the trend of soybeans, and first hour wheat prices showed gains of 1% to 1% cents; corn was up 5% to %;

oats up %; and rye up 1% to 1%. Soybean traders were encouraged by reports that Price Administrator Leon Henderson would take under consideration any complaints from the fats and oil industry, and: the withdrawal of ceiling prices for soybean futures inspired some confidence.

NEW Cream Stops

Under-arm Odor «+s prevents perplidtion

28 TV 41%

[email protected] [email protected] [email protected] [email protected]

750- 900 pounds

Good — 750- 900 pounds Medium 500- 300 pounds Comm 500- 900 pounds

their Christmas trade than are de-

partment stores in other large Mid= western cities. This is shown in the weekly reports of the Federal Reserve Bank of Chicago. During the last week of November, Indianapolis stores made a 24 per cent increase in sales over the same week of last year. Chicago stores in that week had a 12 per cent increase, Detroit 17 per cent, Milwaukee 22 per cent and other cities an average of 14 per cent, Although this margin was nar rowed the following week, ending Dee. 8, Indianapolis stores still led.

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Feeder and Stocker ‘Cattle (Receipts, 700)

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Already the LARGEST SELLER to Prevent Under-arm Odor

1. A BETTER way to prevent rancid odor and perspiration stains, ] 2. Saves shires from rot caused by underarm perspiration. 8. Takes but halfa minutetouse. 4. A greaseless cream which disappears at once.

8. Arrid has been awarded the Approval Seal of the American Institute of Lau for being harmless to fabric.

More and more MEN turn to Arrid every day . . try a jas.

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SHEEP AND LAMBS

(Receipts, 3950) $3 sen B

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11.10; good 400lighter weights to $10.50. 10.3% ie 7000; late Monday, fed lambs Slosiny 0% oo 50, cents (DImher; fat Reariings 25 cents

Higher. k and

and er 32. Soa lings, $1 25; 1 market not established: biddin ng 15 cents lower or upward to $12.65 for strictly ‘choice fed lambs held fully steady at $12 up; few lots choice 88 fed yearlings barely steady $10.25; fat sheep scarce,

steady. Cattle—Receipts, 11,000. Calves—Re000; steers and yeatiings ts lower: mostly weak cents off; SH little change on to choice rlings or choice medium and weighty steers; strictly choice kind very scarce; Sarly. op yearlings, $14. 4.39; choice to rime ferings hel ab: $14. mo pouty 81 he

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Steel issues held fractional! gains ry Dp RengAwagier f-drley w ues ga notably several preferred stocks. Wright Aero rose 10 points on one sale. Building shares, oils, some rails and coppers were higher. Utilities had weak spots, notably in lowpriced issues. The better issues were steady. JocaL PRODUCE or Tul Teguer Ho 1gons. hea wr" oa es lie" full feathered, 14c; The increase here was 11 per cent! | re "Rock. ae: oe ite a oon e inc over the Same Vek 00, he) ut "Wht, 8 Not oii They ase "(Rl 00 | average city ndiana, s le Michigan and Wisconsin made only i ER rn T PR os, Ss oe Ce Oe me | Rodin he: Grade. &' cal He Indianapolis Power & Light Co. last PY 0 3 "Skar No Ne. doe week, the second consecutive week a {Country nt; y hee, ‘orices 0. did! Gy the new high has Beta set jn Gn w amount of electricity consumed-— tn 10308000 wlowattehoust, U. S. STATEMENT at is the m y the utility has ever sold in a week. The ere SEpeames De receipt ts Pl the previous week was also an all-time | current fiscal year through Dee. 13, comhigh (15,033,000 kilowatt-hours) but pared with a a ean): the record was short-lived. BEF Spend $19. ose HE 3 gti 18 Part of the gain is attributable to| De 4 SH the usual increase at this time of | Net “Be ; year, with the Christmas season and sh short days, but part of it is due to| pup. the continuing increase in the Gold Res. amount of power used by Indianapolis industries. INDIANAPOLIS CLEARING Employment is still gaining here 0.824.000 and the report of Cane SWHSHID ins Trustee Henry Muelier shows that relief rolls are now about one-third OTHER LIVESTOCK emt of what they were last year at this uv 2 CHICAGO LIVESTOCK time. 15 to JAYNE Wer; 100 Hoo. Boy ICAGO. Dee 0. P.).—Hogs—Re.| At the end of last week there Le, to 35 cons lower | were 1647 cases of relief compared "24 Iees|with 5042 at this time last year, sn and an expenditure of $15,182 as compared with $45,663 at this tire in 1940. .| DAILY PRICE INDEX NEW YORK, Dec. 16 (U, P.).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1830-32 average equals 100): Yesterday J OI Week ABO ......sovsvessnses 14862

CHEE HEIL]

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LOCAL ISSUES unit BE Nps KWeciation "of Seturities

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Month ago tesserae 144.01 Year ago vesesnsess 123.29 1941 high (Dec. 12) ..vieee.. 150.54 1941 low (Feb. 17) ..veveeves 12303

FOOD PRICES Chigan, by ue 8 g P. J Ap

Michigen, M on copier

lier canoe so CONTROLLED BY MICROSCOPES AND TELESCOPES, THAT MAN CAN LOOK INTO MINUTE ATOMS AND INTO DISTANT STARS «+. FAR BEYOND THE LIMITS OF UNAIDED

Sondre ios FERRE

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RR Stk ¥ ds steers, Belt RR RR Stk Yds p andy 0 “Bs cents -Merrill com

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Fy pnFard: cow vs “uf. Waals a 0

ings TYRE h ready’ at "Hs wn; ock ca negliei sup and Reneral ing WT Ss afahter Steers

much less desirable than Monday

OTHER LIVESTOCK meeps, S880 Siow, 4 cin ents s lower. Hood a

chotee 1 180-200 1! 5 1bs., "410.95 ibs.

-275 a down, od 2B@Y. oy

“TAKE IT FROM ME, CLANCY”

"You've never seen a traffic jam like the one we're going to have on Christmas Eve and Christmas Day! “Even with every Long Distance line and opera. tor busy, we won't be able to handle all the friendly calls that folks want to make. “Being Christmas, though, I figure they'll understand and forgive us for any delays. . . . What do you think?”

INDIANA BELL TELEPHONE COMPANY

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Also other types of rest estate loans af low retes

PENNSYLVANIA AND OHIO STREETS

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Colorado sweet Spanish,

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In EARLY SENTURIES, ™E SEVEN SIANCUTD CAND ELABRUM WA

@9 lors tuly eon : 50; rs y steady. $ js oniers 50; ‘strict common and medium, $1

mbs—Receipts good and tee track 13; Bok Foun, lambs, down; culls as Yo%

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& FIGHT BETWEEN JONN L. SULLIVAN AND JONN FLOOD WAS STAGED ON A BARGE AT NIGHT ' WITH THE AID OF LANTERNS088) TOMY. . MYRIADS OF LIGHTS BRILLIANTLY ILLUMINATE THE SPORTS AMPITHEATRE / FoR INSTANCE IN MADISON

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ICIDAL LAMPS, PROVIDE THE INVISIBLE ULTRA Vi

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CURES fics AX Ra HERE, THE LIGHTING IN THE AT 0

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For Facts about Modern LIGHTING

Residential © Commercial © Industrial

» . - -

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=u meses

Why tire yourself out? Send yout out-of-town gift packages the easy, economical way <= by RAILWAY Expriss, Low rates, with pick-up and delivery at no extra charge within out regular vehicle limits in 53 cand pal wes. Foe

ChE

a p——— 115 E Ohio St

MARILYN FURS A Better Fur ih Less Got

2440 N. Meridian St.