Indianapolis Times, Indianapolis, Marion County, 13 January 1942 — Page 13
\ TUESDAY, JAN. 18, 1642 — THE INDIANAPOLIS TIMES ____ — PAGE 18
BANK OFFICERS NEW YORK STOCKS PRICES ON HOGS Indianapolis Business Summary
1941 1942 % Chge.
By UNITED PRESS Last Week Last Week ARE REN AMED! Net | DOW-JONES STOCK AVERAGES N E ALL 1 0 CENTS Week Before AYearAgo ThusFar ThusFar ‘dvs. ’dl High Low Last Change i, 3 INDUSTRIALS wh LL Bank Clearings ............oo.e0. $21,932,000 $20,562,000 $25,008,000 $41,028,000 $42,385,000 + 1.1 Boambee ut
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Radio kr fy Bank Debits ......cocoeieenenies. $73,005,000 $80,677,000 $66,674,000 $108,380,999 $117,923,000 + 8.8 : Postoffice Receipts «o.seveeicereses $109,543 $106,343 $106,435 $148,088 $147,338 = 0.5 Top I1s°'$11.75 Here as 9300 1343 High, 1001-05, 133.59; Low, 106.84 bl : A Eon nls$ ; Building Permits .c.oeveevesnssnsss $99,652 $36,007 $57,765 $137,160 $135,650 —= 11 High, 1880, 152.80: Low, 111.84. * Er Met: ib is Porkers Are Received HOUSES .....ccoiviiciiiiniiies $20,300 $23,200 $37,450 $108,250 $43,700 ~ 59.6
| Abbot Lab .... 489% Abr & Straus . 42
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Merchants Natiot National Keeps ATR HS
Alaska Sunes 2%
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: 3E0 pr ow 3 Apartments 0 0 0 0 0 0 Al © f XW. 53 +o.s8| REID + pass A p ILA LL ETI EEEY Martin Chosen. Jiicen, Lud Su. ai —o11 al i Nee At Stockyards. BUSINESS «..oeuvresesevavsavanss $33,516 0 $8,400 $8,400 $32,516 +2811 All officers and directors of the] Allied Ss hl 3, 534 § oil; DE f por: fis n : Hogs weighing between 160 and Industrial ..ocioiievivenineiee 0 0 0 0 0 0 Merchants National Bank were re-| AER ph High, 1941-15, $0.88: Low, 24.25. § 182, . 108% ''14]350 pounds were 10 cents lower at Publie ......coioeiiicnnnsninens 0 0 0 0 0 0 elected in stockholders and directors Amaj ieath .... Mich. 1810, 32.6%: Low, feud. t 4 CBB 4 +3 |the Indianapolis stockyards today,| Repairs & Alterations ......... $46,636 $12,807 $11,915 $20,510 443 +189.8 meetings today. | Am Bank Nets LonilS fA me | 19 i a i Marketing Service| Applied for Jobs ............c00ins 1,676 1,535 714 1,110 ; + 69.2 {Am Bosc A , : | reported. = Jd. Tr - Tr 13 cial “es o +002 ott ap ap 380 he bi Recei da ess sesarene ee 528 5 . pe are J.P a Jr. presi [3m Br Shoe pf 1360 126 ‘ Ago ULI ieee aas|Seott Pap BE 0 109 x Other weights were unchanged. eived Jobs 475 513 561 702 + 251 dent; Otto N. Frenzel vice presi-| Am y 32% x —o1 i . The top was $11.75 for good to|Lnemployment Claims dent; Carl H. Bals, vice president;| am Bais 2. Br a High, 1941-42 20.65: oo: sss. seafiR Robie 3h choice 190 to 200-pounds. Receipts Filed (Jan 3) ......ccivvvunnnnss 856 781 642 465 380 -— 18.3 i Ck YI Dr Eossaont i eB 5 y[ TEN tek 2643: LOW. included 2400 cattle, 800 calves, 9300| Claimants Waiting (Jan. 3) ........ 992 18% 1,208 855 355 = 58.5 and cashier; G. F. Lichtsinn, assis- Am il... 13-16 : igh low Last ange hogs and 2000 sheep tant cashier, Oscar F. Frenzel, as-|i} ! 8 igh Low Tas Change : Claimants Paid (Jan. 3) «iiieienien. 3,115 2,133 2,208 1,286 1,220 «= 4.4 sistant cashier; Thomas A. Ressler,|} & FF 8% pt HOGS Freight Carloadings: assistant cashier and Manage: of | Am-Haw S8 Inbound seessasitenis 3,941 3,145 3,959 6,166 5971 = 3.2 t Am mn de & L ? ! : the bond Ronast tment, and R. C. Am Home Pr . Outbound ........coiiiinenen, 2,600 2,188 2140 3,395 3,802 + 120 go od 6. Hisuss. F Am Loco Coie Electricity Output (kwh) .......... 15808,000 15,156,000 13,731,000 19,737,000 21,984,000 +4 114 reciors I ; auss, 14m )} 2 3 T. Holliday. A Kiefer Mayer, Wil-| 32 MacheMet Water Pumpage (gallons) .........26%,500,000 232,220,000 217,900,000 306,560,000 365,790,000 + 19.3 Streetcar Passengers (Jan. 3) vic... 1,369,016 1,394,665 1,215,958 509,090 569,910 + 11.9 Telephones In Use (Jan. 8) ..iveee. 4-259 +139 +4251 100,165 111,117 4 10.9 Good Packing Sows Cattle ......cvivvinnivninninne 8,603 5,767 8,206 10,341 9,394 = 92 it ut or CRIVER. consviersesvvsenssovnere : S53% 2,215 2,567 3,607 3,045 = 156
lias B. Stokely Jr. Otto N. Frenzel | Am Edward B. Failer. Edward J. Ben-! Am 350: 330 Sounds oe : 3 : HOPE covicssrnisrnnrersrnenrse S1ADY 40,528 48,388 67,566 65,673 — 2.8
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250- 500 d [email protected] ra ugliter Pigs Wheat P0s00 00 BRRIOREBRORIBOS 4,000 14,000 18,060 26,600 11,200 —— 57.9
A new assistant cashier was Am 5 hamed at the Fountain Square] Am State Bank meeting yesterday. He| er was Emerson Martin, the only new| i yoo! en pf officer selected for the coming vear.|Am Zine br pf Other officers of the Fountain) 133¢"Wacane Square bank are Val! F. Schneider, |; Cob president, H. J. Budenz, vice pres St-| 3 dent: R. E. Sweenev Jr dent and cashier: Carl gistant cashier. and Mr. Martin. fan oR oe Directors renamed ar Atl CG & WI pf senkamp, Robert F. Sween ev. Otto o| Ail Re une Inspiration Cop N. Frenzel Harold J. Koch, Frank Interlake Ir .. J. Schuster, A. J. Vondersaar, Ed-|Bald loco ct . fn: Name. ward H. Wischmever and Val F. [gai & 8 vt sen Schneider. Bangor Ar..
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Susie Min: A ZUBETRtr oil Edie and Shag Oats ...coiiiiiiiiiiiiiininiien 92,000 136,000 48,000 74,000 172,000 4132.4
uperior Oil oo JAH 11 4 pound: .. . -. [email protected] : MR a 5. Bie *, CATTLE RYE ..ovivniinitnnsarnnrinnences 3,000 12,000 0 0 15,000 ° 100.0
Hudson Motor 3 : Likt ift Int 4 Syming-Gould . 34 Slaughter Cattle & Vealers (Receipts, 2400) Soybeans ....c..ccivuiiiiiinens 53,000 84,000 11,000 10,500 97,500 4 828.6
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fl! Central L L Sources of above Hgures: Indianapolis Clearing House Association, Indianapolis Postoffice. City Building Commissioner,
Indianapolis Office of State Employment Security Division, Pennsylvania Railroad, New York Central, Baltimore & Ohio, Hlinois 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 Chicago, Indianapolis Power & Light Co. 30-11% 13h De a ne poun e ctsbeanisbbne : i “en : 1100
dite bo MERE LABOR SUPPLY | —"* COMMODITY STOCKS od i | fy by | TT ee DATA EXPANDED! | Your FEATURE MARKET
Choice— 500- 750 pounds [email protected] NEW YORK, Jan. 13 (U. P.).—
500- 750 pounds [email protected] 1] come T aA X Commodity stocks, notably non-
Choice— toad . ferrous metals, featured a higher, God? PAihes ce 1235612. Unemployment Statistics in moderately active stock market to750- 900 pounds ........en0ee [email protected] To make it easier for taxpayers)
(50-800 pounds ees [email protected] Weekly Summary Cover to meet the increased taxes re- 8a.
Com Gains in non-ferrous metals 500-300 pounds vsbe Wider Range. quired in the National Defense Pro-| yangeq to 3 points in St. Joseph @ 9. : gram, the Treasury Department is/ lead, which sold at 33'i. Patino g : By ROGER BUDROW offering for sale two series of notes,| Mines (tin) gained 1'4, to 19%. The war program calls for tre-/both dated Aug. 1, 1941, and ma-|Howe Sound (silver) was up 2, at mendous manpower in factories), ino Aug, 1, 1043. 335. Among coppers, Phelps-Dodge making war goods. Therefore, the] 1, january of each year two new! sold at 31%, up 1%; Miami 63%, up labor supply situation is of in-|eejes will be provided, so that a/l'¢; Magma 26%, up 1%; InspiraMedium. ees 25@ 9.73] creasing importance. taxpayer can always purchase notes tion 12%, up i%; Andes 93%, up %; Cutter and common ..... : : With that in mind, The Indian-|q,ring the entire year in which he|Anaconda 28, up 7; Kennecott
. 547 i : yy Stee BE. 1388 igs Good and Coles veneH apolis Times weekly Indianapolis|is receiving his income for use in|36'2, Up 1, and Cerro de Pasco 30, : 3: < Y + 156 | Good and choice ..... ...... os 18. 17. 1 olay 3% Un Stores A... : ee Common and medium J .50 | Business Summary from now on i up 1's. : ; or larg Jf... & 4 -... Univ Leaf T ... 51 51 vy [Cu will include more Damen inser gue fe folioniag American Zinc issues had gains si Sy ue ee Feeder and Stocker Cattle yal, % 7eslon tor Lie Year|. nging to a point in the preferred,
ra : - Vadsco Sales .. 7-18 3 (Receipts, 800) detailed informa note is to permit a taxpayer, if he Callahan Zinc firmed 3%. to 1'%.
3 INaeck Th .....t 3 V § i - . i i . lal Nraev RE LL 200 \ § ooo iy JRA 15 : ol tet Steers Sion SHON! he so desires, to begin saving in Jan-| Rubbers improved substantially. * | Monat i | ya Ll C&C bf 15% 15 AR Cerin 811.000 3 Dor supply IN YAS yary of one year and continue yu. s, Rubber preferred sold at 71%
C p Manat: Sug .. 4 1 thi Vv i : 4 00- 800 poun A 3 | Maracas ibo EX ' irginian Ry pf 29% 2912 © Pr 1050 oe sesesrineness 10.95 : ; area. through that year to save for his| up 41i; U. S. Rubber common 171%,
A § 3 ) —W— S0d- 5 Y . : TH ae ya dh Walker HOW pt Pri 18% «00 po: cousessecss JO.SODIL Two sets of fig-|taxes due the following year. lup 1; Goodrich 15'%, up 1'%, and its . 3. 13, 0-165 Botinds sieresssiases 10.00 00 : ures, the number All notes are sold at par and ac- preferred 58, up 1% Oils moved up
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REPORTS '41 GAINS Hy oR on x
The Fidelity Trust Co. during 1941] made the greatest growth since its| Bond organization, President Frank Mec-| Kinney reported to stockholders | yesterday. | Resources increased $£1.000.000 new high was reached in earnings| and a 3 per cent dividend was paid| on the capital stock, “he reported. Directors were re-elected. They are Mr. McKinney. chairman: William J. Coughlin, J. Walter Hannon, Ralph E. Hueber., Jackiel W. Joseph R. Kemper, Joseph |B E. Kernel, John J. Minta, Lowell H Patterson and Chester L. Robinson | An addition was made to the staff <3 of officers. John M. Mulvihill. who has been with Fidelity rust Co 15 years, was elected assistant treasurer Officers re-elected were Mr. Me-|Cel Kinney. president: John E. Ohlever | case Chester I. Robinson and J Albert | Cz Smith, vice presiden Albert EG Lamb, vice president and trust of -| cer; Frank J. Moore, secretary: Being L. Cox, treasurer, and Thomas X. Lanahan assistant secretary
GRAIN PRICES TURN | J 5 LOWER AT CHICAGO
CHICAGO, Jan. 13 (U. P)—| Grain futures turned downward in| early dealings today on the Board of Trade on reports that the Administration may yet get a stiff price control bill At the end of the first hour wheat was off 1c to 2X cents a bushel:| corn off 3 to 3; oats off “c to 14; rye off 2c to 2%. and sovbeans off 2% to 3% Indications that the Senate-ap-proved version of the price control bill, whi was considered highly favorable to farm products. would meet strong Administration opposition sent all futures prices lower| In first dealings
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14 rr yi § 4 2 2 7 8M 3 } | i Pore 3 : ; Na s" 3.8 ¢ Coro POUNAS ciicesccce.. 09.00010.25 of persons appiy- crued interest. When presented|fractions to more than a point in 13 | Maytag 1a = . - 18. 18 ato) B00 cescsvess WIE 548 J ing for jobs and|i, payment of income taxes they| Standard (N. J) and Skelly Sugars % f ww 107% 74 : ay ev. 13Y 4 p Cal the number re- | firmed with new 1941-42 highs in 1 1 17% : b= a ehol J : . will be received at par and accrued | d A Crystal Lp 500 bounds dOWR .......... [email protected] : ceiving jobs, will interest up to and including the ajardo and American Crystal.
15 iH} McKesson & R. Mediu : be continued, as ‘a McLellan St . 500 pounds down .......... [email protected] month in which such taxes are A " 3 : Calves (heifers) they have in the|,.:q nterest will not accrue be- U. S. STATEMENT
la Mead Cor 4] Melville S % | Mengel 30a and thot past. d th turity of the notes. If 3 500 pounds teenies 10.00012.35 yon e maturity of the notes. WASHINGTON, Jan. 13 (U. P.).—Gov= Resch & Mim. Meditm— Roger Budrow ° pt three addi- not presented in payment of {ncome| ernment expenses and receipts for the curs s| ident Per |. 500 pounds down ........... [email protected](,....1 sets are being added. The taxes, they will be ay fo | rent fiscal year through Jan. 10, compared Midland Stl 22 SHEEP AND LAMBS EA » r| with a year ago: Lis jlidiand Su pt. 3% oy x : 29 Lest (Receipts, 2000) first is the number of unemployed ge “under certain specified con-| | Expenses. $12.943.247°001.05 $5.540.151 361 74 nh. Nol 3 £ £¢ ; \ workers who have applied for un-| t th h War Spend 8.827.990.853.88 1,038.730,366.07 Minn-Moline ... i 6 | Whi : $ Lambs ti : th ons & e purchase price paid| pt SRY 3847181'970.18 3.057.540.761.91 Mission orn s Eo 1 verind , 13 13 cers Good And Shoice ‘ ‘ employment compensation at the|gq. the notes. In other words, the | Ree: 1'889.812/080.87 : Monsanto . 8 “oa HH Co... 6 3g | Common : 75| Indianapolis office of the Indiana taxpayer if he redeems the notes | Work. Bel 3'596:995 311.03
ona iB) kg a c 10 : 4 f 7 Yearling Wethers Employment Security Division. Not 58.316 447 657 24 240.072. Ward ployment y * for cash, gets back just the amount Eub, Debt 2 A J Sood End choice f0[all these are entitled, under thelpe poig g j Gold Res. "2.742,591.797.50 22,034.098.013.17
abd choy (horn) law, to Web Sye Bengnte fo Complete information about these INDIANAPOLIS CLEARING ROUSE od Yale & T : 634 Common 4 medium ........ 2.75@ 6.00|the figure shows to a large exten Treasury notes will be found in a Clearings Modena Senne vars iin 353000
| NFER ees 3! 3 Yellow Tr .. 3 hd , |how many persons are losing their D L00. cc E li SV au shy | CHICAGO LIVESTOCK [jon i Ir a el hi OE ints, 29,000; moderately activel The second set of figures is the Banks and branches, or Treasury | AV 3 n X LR
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2, 160- 240 hi Nees 33085: mb Si oul. loyed kers wh " % , gous Bal cu SH WM By 4 ialis 25; Duk 300-330.10. aver. | number of unemployed workers Who| pepartment, Washington, D. C. onite (0... BY $10. [email protected]; most good 360-500-1b. | Will receive benefits but are on the "Eid % : AW SAEIAW IN REBT
$9.85@ 10.35; Mighter weights to] «oni ] Kk ired : 1g, 50. waiting list for a week, as require ” LOCAL ISSUES I a De eel) te 7000; ate Mondas fat| by law. OTHER LIVESTOCK am S ear ngs aroun cents ower, : : Nominal quotations furnished by Ioeal| fod § jneep o& Stead I ew choice light wei ht The third set is the number of FT. WAYNE, Jan. 13, (VU: PB.) -Hogs—10 Bait of of National Association of Securities SRR, 25 B18. io! few big weights, | unemployed workers in this area|fent® J(uer: [180-300 Ibs. 2 $ 12; choice 8) y weights summer |¢: \ ! - Stocks Bld Ask dies, 1.65; few ndy, yearlings, $10; that actually are being paid unem ib Afente Huance Ce the om. 9% 9 |choice tat ewes, $6.50; today's trade: v ployment compensation. elt RR Sk vie s ar py. we fovi Tort | cer; asking fully These figures do not show how ibe. $1085, 100-130 EP “es stea at $12.40 and up on strictly choice » pr stags, $9. Calves, $36. 50. Lo mbs, 15 Trill natives and fed ren nge lambs: medium | NIEH employment is but rather ambs, § weight yearlings, slo; steady. fed medium show the extent of unemployment. at ewes § wn : . Gattle_Receints, sso: Llalves receipts 8 Thus, in reverse, they reflect busislow an wea rage on steers an i i s yearlings; only moderate supply fat Sheers ness conditions in this area. on sale; holdover liberal; sizable stIBpLY
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Loan Co 5%% pid ... 9 $13, mostly $10@12; beef cows weak, can- . Line Nat Life Ins tom ners and y soe 10 to 15 cents lower: bulls |cOmpiled for United Press (1930-32 N Ind P 8 “Eas 92 |steady with weighty sausage offerings at|average equals 100): $10.50 down: vealers uneven, mostly 2 cents lower under close sorting; practical| Yesterday ..eeeecesceciesceee 154.24
top eholce offerings, $18. WEBER ABD cscovvvvscsvinnvens 153.83
Owens TI Glass H . i hn EE WI ily OTHER LIVESTOCK Month ABO ieieereeresiensss 150.40
. Year ASO «ciosiesveeiinsseve 134.06 Pac Coast INCINNATI, J oi U. — en Pac Const 2 2 pt. ik LR BER common and medium 140- 1041-42 High (Jan. 12, 1042). 154.24
Pacific Lie .. i 125@ 118 30: yJ00:140 ihe TR a Luss . ood sows, : RT 4 Algers wi § . mos £0 @ ightweights
Smétiean Loan Ry calves receipts LOCAL PRODUCE
350; e off market but supply Small an \ 1 / AR ant Newsp Hite. 42-5 prices OE on stead but supoly medium hla Bock unwer 4'% [bs.; Barred and Wolf an AVENUI OF Sn cos Ina he oF hie | bed
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Starring
CAROLE LOMBARD IW PERSON
Governor Henry FE Will H. Hays indiana Band Purdue Band Many Other Features
CADLE TABERNACLE THURS. JAN. I15—7 P. M. S. Pt | Ex-cell-o
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steers, $8. oe Ted medium good light- 16e; colored. 15¢: Leghorns, OM ee wie Regeptrope > || CARS ELET00 | wenreo w 1757 Ss, ulk canners and cut- / INVEN 7 ters, [email protected]; common and medium over: fn feasnortd 180; heavy breed hens, - ED We. 1787 bulls, $8.75@10; vealers weak to 50 cents|und bs. full feathered, 160: Leghorn lo and choice, $166 17; early top, | hens, 4 medium, $11.50 15.50! Roasters, 4% Ibs. and over: Ba and Sheep—Receipts, 500; lamb k to 25 hi Ay tT Stjored, 1%. es 3 WHA PALACE GROUNDS ep— ceipts, , lambs wea 0 aqae cents . r Ra oS 8s 49... 09 cents lower; one load good Western lambs, 5 Eggs—Current receipts. 8 ibs. and up LE OIL WAS THE POP RISTIANS IN THE 6 |€0 THE open FLAME Store Yores -+.100 $12.75; few good trucked-in lambs, ja.so; 26¢ ULAR LAMP FUEL OF THE [irl OTR WITH A ROUND WICK e Water tk ne S so {UW . common and nsdium rades in small lots Qraded s-Grade A AN. 8 ay heres YOUNG AMERICA. ITS Fa-id = { . AND CHIMNEY GIV-
NT Pu . 100 |$8.50@11; few culls 50 down; most fat|A mediu Ge: Grade A 10} BLY | f nd’ > ay 1 ewes steady at $46 4.50 grade, 1 100. ? GOURSING CLIPPER SHIPS HAD ] ! J (NG PASSAGE TO A
by 8 THe bags ‘ - 10 “ 108% HANGING LAMPS LIKE THIS § & [FE OOUBLE CURRENT OF 4 kX Water orks Ss 87. 18 Lh AR.
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Sth, JRE 15: tani yellow a 2.10 Mich ian® Hi, $2.15; plore o nis $2.35; Utah 8panish, Y I TT (ret Rid of Them FLICKERING LIGHT OF CANDLES EVE AILMENTS RE -
ORDER MACHIN ; N : Tr DER M, E TOOLS Use Shur-Deth SULTING FROM EVE STRAIN OFTEN GREATLY e local office of the Cincinnati , SHORTENED THEIR WORKING Ure, Ordnance District announced today
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awarded a $3336 order for machine | JEE- RE oo Fricoie > TT 2 = an ; tools. 24 M LRN . YE. FE B © bar: FEE of | ETT 1.1 745 E : | no FORTABLY IN BRILL V UGHTED FAC~ Hert , te PRS TORIES, FREE FROM GLARE. EMPLOYERS BURGLARY * me By MH. I. Hamlin rr NOW THAT SCIENTIFICALLY CORRECT ‘Grain Dealers Mutual’ i yr : UT7ZILIGHTING INCREASES EFFICIENCY AND pe Household Fernitare \ DOC... PUT WED ASBRE ou Zr hae TIS LN ; BEE [BR SAFETY BY ELIMINATING EVE: STRAIN. poliey CHICK... AN RAS, SOME DIB | | ; THING E! e
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™E net enim eee 2s 1g [OO % N . 8 LIGHTING : Residential « Commercial * Industrial REDDY KLOWATY Phone, Write or Visit
INDIANAPOLIS Power & Ligit! COMPANY
