Indianapolis Times, Indianapolis, Marion County, 26 December 1941 — Page 16

FRIDAY, DEC. 26, 198%

BUSINESS | 1 NEW YORE STL

30 INDUSTRIALS Whesesnsiesenesss 10867 4-033 Insurance Business This Month Is Expected to Set New Record

Cerndiabaa esse ss T0RSS +0.97 By ROGER BUDROW

seeshusbesaraneas 114.068 0.98 TT TR LIFE INSURANCE AGENTS ARE DOING a rush|} : business these days. It is generally expected that this De-|alied st cember will see more insurance sold than in any one month |Abha in history. There are two big reasons for the rush. One is that there is a tendency to raise insurance premiums. Two of the nation’s leading companies already have announced higher rates. But the most important reason,

and the chief sales point insurance agents are using, is that insur- | ES ance companies are putting in war

clauses in their

new policies. These war risk clauses vary from

company to company, but basicean ally they meon/Top Boosted to $11.75 com will not . Soy or at least| Here; 9034 Hogs Arrive will 1imit - Stock rds ments me paid At ya : f deat R Bud the war o in a oger row plane crash other Di on a regu- ing Service reported. larly scheduled airline fight. Todays top was $11.95 for good There is a third reason, too, for to choice 190 to 200-pounders. Re=the increase in insurance sales, It|ceipts included 435 cattle, 204 is the fact that the public, because | calves, 903¢ hogs and 2055 sheep. of the economic stimulus of war, has more money to spend. $ 8.» . FARMERS DON'T NEED priority ratings te buy farm machinery, as some dealers seem to believe. The OPM is trying to make dealers who sell metal products, particularly farm machinery and hand tools, realize this. Where dealers got the idea that retail consumers must have priority ratings in order to buy, the OPM doesn’t know, but it isn’t se. = » = Good— ODDS AND ENDS: Burlap bro- | 300. 4% — IRI 19. a kers fear the OPM ban on burlap i 3% pounds 10:18 uses will eventually throw them out in of business. . . . The “panicky” rush 250-500. PO gates Pie A to buy food (sugar, flour, pineapple, Medium and Good— dry beans) when the war broke out| 90-120 pounds ....... ..... [email protected] has subsided, American Institute of CATTLE Food Distribution says. . . . N. Y.| slaughter Cattle & Vealers (Receipts, 435) Stock Exchange is discussing plans Steers to open and close an hour earlier POURS .......aenes 33 to eliminate need for “blackouts if Pads cane Ti permanent air raid protection is Pounds ....ieetniens ordered. . . . The U. S. has $156,-| 3 a 800,000 invested in the Philippines, according to the Commerce Depart- |} ment. . . . Government is conduct- Mediam ing a study to see if interest rates|,joo- oo PONE xiikueariore 3 RG12.9 are too low. . .. Crown Paper Box Common— Co. is paying employees in defense| '>0-1100 pounds 8.50@ 9.7 stamps for scrap paper and award- Chote. Steers. Heifers ing monthly prizes to biggest paper| 500° 750 pounds [email protected]% salvagers. . . . Robert L. Skidmore, [email protected] Marmon-Herrington’s export man- Heifers - ager, has been ordered into active 750: oo 900 POUNAS ....vveevens. §[email protected] service in the Marine Corps . . . During November $77,009 was paid i. “sees hesneen [email protected]% in unemployment compensation to ommen ) po ceesveniienee. 1.50@ 9.35 Marion County workers. veeees 1.500 9.50 —————————— l—————— Cows

GRAIN PRICES HOLD - : {RE STEADY AT CHICAGO.

CHICAGO, Dec. 26 (U. P) —Trad-| Medium .... .. .... ing in grain futures languished to- |Cutter and Symmes » day on the Board of Trade, but|. . .. arn prices held about steady. Common and medium. At the end of the first hour, wheat | Cull was off 1% cent a bushel; corn up % to %; oats unchanged; rye un- (Receipts, 08) thanged. and soybeans unchanged Chote a Steers Si bois . - pounds ....... seeens oy Ce pounds .... eens 10.95@11. WAGON WHEAT 500- 800 ° .andS ....iiesesens Ogu E Up to the close of the Chicago market | 500-1050 pounds .......eeee. S.T8Q@IOTS today, Indianapolis flour, mills and grain um. | elevators paid $1.15 per "bushel for No. 2 eres. 90091028 red wheat (other grades on their merits) No. 3 yellow She corn was T0c

1 bunshel and No. 3 white shelled corn, 8c: No. 2 white oats, 47¢, and No. 2 red oats

and cholce— 1. 11.50013.50 edium

LOCAL ISSUES | *% vomes dom .__ ,. amass

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Issue Has Slumped $14 in Little More Than One Week.

NEW YORK, Dec. 26 (U. P.).— Weakness in American Telephone & Telegraph capital stock and strength in Standard Oil (N, J) Jentures a RTORlY irregular stock

rie Yoda nade a new low since 1938 at 119%, off 1%. In a little more than a week, the issue has Jost more than 14 points. Standard Oil gained a point to 42% in a steady to firm oil section. Elsewhere, steels were firm, moe tors and rails mixed and utilities easier. Bethlehem and U, 8. Steel had gains of 5% point at 60% and 507%, respectively. Chrysler was at 43%, up 3%, and General Motors 30, off%4. Anaconda gained % to 26% and Kennecott and American Smelting had smaller advances. Douglas Aircraft lost 1% to 64%. United Aircraft showed a fractional rise, Rubbers were steady to firm after recent declines. Tobaccos dis« played rallying tendencies. Mercane tiles were steady to slightly easier,

Incorporations

Indiana olis Hotel & Restaurant Bank upply Bldg stocks ‘8

v "Hahn, Seifert, Ph ip Grenwald,

Anderson Rent-A-Car, Inc. Andere h © son; ®dissolution 20th. Cent. pf F & W Products Corp., Rhode Island T.. a 4 3%. . corporation; Shange of agent to Jacob Twin ann ‘ee Va , Ris 8. , 1511 RAT Bank Bigs

omo Beverag Co " 2% chan 8 of agent to Wilmer on Sa ©1036 ver 10%

ain 8t,, Kokomo

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Stocks Bid Ask % SHEEP AND LAMBS (Receipts, 2055)

$5 8ual

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Y “Belt RR Stk Yas ora Bobbs-Merrill gom T .; (Goad obbs-Merri i p Circle Theater co - 2 Common GE *Comwlith Loan 5% pfd carling ‘Wethers *Hock Drug Co com => 3 Good snd choice “. Home T&T Ft Wayne 7% pfd. 50 Mediu

CHICAGO LIVESTUUR

wl Cm Boks i a 3.800; t ts steady to strong: 8 cents owes. ood

to 240 1bs., $11.30@11 ibs., [email protected]; {o att LEE V cents

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We've taken a group of our Topcoats and Overcoats from stock

and given them sizable reductions. Limited quantity in each

«8858, FETEOEE ws 5

group . . . plan to shop early tomorrow!

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Topcoats and Overcoats, reduced 10. ..00c0vvieiscisiianssnascsess 23.85 Topcoats and Overcoats, reduced $0. iiieinsnsinsnansesanasanensse 27.88 Kuppenheimer Topcoats and Overcoats. .....coovietsistessssnessess 33.85

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x i A eis um we! an steers, 9 week to 25 cents lower: : 8 tho *Unioa Title Co com 31 offerings now vy cents under preVan Camp Milk pfd Christmas high; yearlings and Nght Steers. van Camp Milk com 1 choice yearlings toppi at $14.25; few Bonds food to chot hy steers scaling 1200

Algers Wins'w W RR 4%s.. American Loan 5s 51 American Loan.5s 45 . Cent Newspaper 4lss 42-51 of Com Co 4lks 51. Citizens Ind Tel 4%s 61 .10 mostly Silas: sm Consol Fin 5s 50 . 9% 00 cents higher; bulls and a Crabb-Reynolds-Taylor 5s S42 1 steady; practical | top cutte 7.80; Home T&8 Ft Wayne 6s .. side on weighty Bulls, ,. veal- | Ind Assoc Tel Co 3'2s 70.. as, $14 down; Stock cattle in negligible Indpls P&L 3s 105% ° supply firm. Indpls Railwey Co 3s 6% 63 66 eep—Receipts, a veal lambs, ral to Indpls Water Co 3'%s 66 ... 108% | 40 ents higher, Jeatlings Kokomo Water Works 5s 58.. sheep. 8 W I strictly ay Choice Kuhner Packing Co 4':s 49 .. ¢ handy Te IaDLE as:

& 10 Stores 5s 50...100 10. choice lo $12. 1855 choice ior Rugg stric ictly ef choice fed ewes, $ ]

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Kuppenheimer Topcoats and Overcoats........coviiiiieiesieneess. 38.85 A group of 85.00 to 95.00 Overcoats, reduced to.....covniseiesnes 69.85

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414

A Group of MEN’S SUITS Reduced

$35 Ayreshire and Varsity Town Suits, reduced to... .oouiiiiiieannnas .27.85

175 Men's 39.50 Suits, reduced BO it st santos citibsrithiinsmnss snes edb (Some of the suits in this group have extra trousers which will be priced at.. $5.00)

PD OPED pe 89

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“e 6 S on 65 y { 1 bib Sery Co dis 85111 08 1. | OTHER I Richmona W Neh 88 OT. % ‘us FT. WA iE 3

*Ex-dividend. 220 lbs. $1 88 160-180 be y 1bs.,

U. S. STATEMENT WASHINGTON, Dec. 26 (U. P.).—Gov-|ibs Jernment, SXpenses Se FH or the 4 . To! A Lure scal year through Dec / pared With & year aso: J ve stags, $6.50; calves, $14.50; lam 1 38. ar

—MEN'S CLOTHING, SECOND FLOOR.

. -

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CINCINNATI, Dec. 26 (U. P.) —Hogs— Receipts, 3825. Market active JSoherally 37/25 cents highet on TR and sows:

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++: +1 LEE

43 Knox and i¥reshire $5 Hats re- 448 Men’s Shirts, whites, patterns, odds 3.65 and ends, broken styles 1.39 to 3.89

.“ Men's etry Cloth Mules... ; ; . heifers, : . 217 Men's Ties, : ATE sia: EE er and X : Soft soles. Brown, white, blue, wine. f i treesis 30610 S06 OA. DAILY PRICE INDEX Comman cows: sow A308 38 pine NEW YORK, Dec. 26 (U. P)— |X Dun & Bradstreet’s daily weighted El “canners. Sh ol price index of 30 basic commodities, compiled for the United Press a i x down to

Debt 57.3699 . , Gold Res 22.749.197, 955.02 iH

INDIANAPOLIS CLEARING rou,

~

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183 Prs. Men's Pajamas, reduced tO .......c00000.159 to 3.89

Li

(1930-32 average Cas 100): Wednesday «o..vieeceiess..s 14999 umn Week ed Sess IR RENIN RN. 149.57

Month AZO ......evvevesnnes 13% LOCAL PRODWCE

Year Ago 1041 Low Rev. 10) 1111100, Taga) ete Rok. Elin ER ARE CROWN PAPER BOX 3 hie iB aff ritivhe "f GIVES BOND BONUS ith

Crown Paper Box Co. has distributed 227 defense bonds of $25

to 55 Men’s Sweaters, priced from

from .....oeeveee 289 to 5.89

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42 Suede Leather Windbreakers... .5. 275 Pr. Sample Gloves OTe

FEEEE

670 Pr. Wool or Part Wool Hose. .... 4e¢

95 Pr. Wool Hose ................. 800

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