Indianapolis Times, Indianapolis, Marion County, 2 February 1942 — Page 9
MONDAY, FEB. 2, 1942
U. 8. BUYING BOSS
.
Douglas C. MacKeachie Heads Small but Potent Division in WPB: Co-ordinates Purchases For All Government Agencies.
(This is the third of several articles about men whe have come te the top in the war production setup at Washington.)
By JOHN W. LOVE Times Special Writer
YANKEE SCOT’
No. 1 buyer is &
Fa
BND NNN
Allis Chal Am Ag 1. Airlines .. Bosch
wa 0
ft
fot ot 1D pt vt 03 put a
WASHINGTON, Feb. 2.—The world’s
A the United States Government, buyer now in behalf of Great
Britain, Russia, China and sometimes other countries, buyer} for lengthening battle lines and buyer on narrowing markets. Top purchasing agent is that merger o Yankee trader and Scotsman, Douglas cl MacKeachie. When Donald M.
Fy
ago he left Mr. MacKeachie at the head of | the purchases division. Mr. MacKeachie doesn’t really buy anything. He only co-ordinates advice on the;
Re buying policies of the procurement sections | Ati:
of the Army, Navy, Treasury and others. His division never has been large, and in the formation of the War Production’ Board. giving Mr. Nelson and his men undisputed powers of
control over procurement, the office is going to be smaller. TOP PRICE FOR There will be mare dispersal but no less co-ordination. | There are many remarkable fish] HOGS IS $12 bh in the Washington aguarium, but 1 Mr. MacKeachie is the coldest of] them all. Not many know him, and fewer know him well. As traveling salesmen are well aware, purchasing agents are trained not to take fire easily, and this purchasing] agent is one of the least inflam-| mabile of all Gets Right to the Point
The newspaperman who insists on seeing Mr. MacKeachie does well to have his questions ready. Interviewers do not ordinarily start with
New High Made on Advance of 35 Cents on All Weights Here.
Hog prices reached a new high! ¢ at the Indianapolis stockyards today | & with an advance of 55 cents on all| weights. The top rose to $12.65 for good to ‘choice 200 to 210-pounders, the highest here since Sept. 20, 1937, a question. They say something to when the top was $12.70. open the conversation, to pry the! Receipts today included 2453 catman’s jaws apart. The visitor who tle, 467 calves, 6894 hogs and 2722 begins that way with Mr. Mac- sheep. Keéachie will find himself doing all] the talking. But his arched evebrows seem to invite questions, and the man gvho
HOGS (689%)
: (Barrows & Gilts) Good to Choice 120- 140 pour 2ds
{Am Vv Am-Viscose Nelson wrote] A his own ticket of reorganization two weeks 3
a £ £ 2 | Ass 2 A
Tp 00 sf rt CS | LD rt NCD GD
{Am jm
- ft HDD pt et oe ) CIN pt
Fad bigs
Am
US of ee Gh
%
pot ow
pt 15 wT IID he hn BD g4 BA Ny Ea Rugg
ot
Am-Viscose
- MND etd
Anchor S G of 19 \rppour, Nl .... 33% rm ‘Ta pr of. 66 Armstrong Ck.. 23 Artloom ASSO S pry Gas...
MND ro WD BD «Td UID «1
Ur a Op o 08a
oF oF a raw N 0
Ces
Teck A. 21 Nich, pr ao 32
1 Matsa 0 po 1 0 be on 8 Oy
5 © rt <1 BD i ie 15 3 HC OB LI IS
Bald Loco ct ... 3alt & Ohio 3arber Asphalt . . 3arnsdall
Joston & Me.... 3riges Mfg .... Bklyn & Q Tr Bruns Balke
Z Byron Jackson.
Callahan Zine. a H Pacific ... Connon Mills. r
Carpenter Stl. . Caterpillar T.. Celanese Celanese pr pi 120 Celenes 5 pr pf 90% Celotex pf .... Cent Aguirre .. Cent Foundry. . 2 Cent Ill Lt pf. 99 Cent Viol Sug . Cerro de Pasco 3 Certain-td 6 pf 28!
7 22%
ld hp BW eB S
thm
eve Graph Br imax Mot | Co
4 Y% | Saturday
Net Last Change
o} -»
- |
tal Week Ago
I Ce
1
S| Year Ago “1 High,
| e Lone Star Cem. 1 Bell A.
3s
3
nl Sg i Ya}
Wl 1
—1-32 Nas Sup 6 pf.
el
nl Ys
1a]
12 |
sa! No 2
DOW-JONES STOCK AVERAGES
30 INDUSTRIALS 109.11 110.67 m2
Week Ago Month Ago Year Ago High, 1942, High, 1941,
“ets atrsrertane
Sestraenn
108.94. 133.59; low, 106.34. 20 RAILROADS 28.24 28.91 NR 44 2% 9%
Saturday
| Month Ago Year Ago *] High, 1942, 28.91; low, 26.66. { High, 1941, 30.88: low, 24.23. UTILITIES
13 Saturday Week Ago | Month Ago
sara arse ane
14.94; 20.63;
1942, High, 1941,
low, 14.05, low, 13.351.
Oil Ref khd Aircraft
Net Last Change 10 207% Re 1}
3.
High Low
“ry
la Sa
10 2034 5 #"
Te 15 ..1463% 146'2 =
] < 397 11 1
2 | Lion Loc — 8 + | Long Loriliard * Lorillard of
ee an & For Ma Tr
Irons obo loty BONIS ww a. ph
os
Manati Sug Marine Mid MK!
tSt Rv br oi (Gienn)
o
0
ION TS UII bt ot OO ix CIT LJ vin TH SBD to
Martin {Martin Parry Mat hisson DS
oma Co Ca
A ne on
OCH I bt bt OF 4 C5 O05 C3 ub -n>
fics McIntyre Porc . 5 [ Mel ille Sh ..
@ ~ BO BOCIm re abd lb an ob Lr
rt LIEO0D COLI BILIPaet Jub
BOIIRS Doratd BOLI bapa WJ 00S DOD is =] UY =F OUTS bt bt 105 9 C1 00 sb = UY =F
BION
| Nash- Kelv | Nat Acme 1 Nat Auto Fib ot Nat Aviation. 7 Nat Biscuit .... {Nat Cv! Gas ... {Na Dairy .. Nat Distillers. . { Nat Gypsum ...
ot fot
© Oat am
ow
bt ft
— 0D pa of st
wo BS a
» BO pt « OO OT 15 hn sha 1a fu CO I aT OF 1 bn
Natomas | Newport Ind .. 3 Newpt News sh 233, Newpi N Sh ot 1082 . i . 1512 43's 1334 . 5
st Sr pot ON BE Ae a
w
>» 1 Co UY UY ED +4 06 Ca) 40 60 O5 15 wb vb += uf 10 CA oT Bw] sin
00 CY th pt
a to '
DO DEI rt Or 1
No Amer 6 wt Am Avn. No Pacific .. Norwich Pharm
ft 1 ODD rt Dra BI A ” BaD By ft U1
Shio Otis E
Otis Ste | Owens on Glass
ac JFinance.. Pac G & El.... Pacific Milis.... Pac Tin Cons.. Packard Pan A Paraffine Co.... 2 Param Bay
fot 19 bt 9 bet iy “1
tom
ra OT Ty TAD bt ay
LN
Id od 1 nor 09 a OO Lad
9 wr
“THE INDIANAPOLIS TIMES |
N.Y. STOCKS
By UNITED PRESS
*[ton opened on +1$265 a bale and then
2 small proportions.
2 | Belt RI
PAGE 9
BUSINESS
is actually working to its own Its “gravest” personnel employees live in Indianapolis hear of a plant opening near back, pretty sure of a job bec
WAR NEWS AIDS STOCK MARKET
But Cotton Futures Break On Fears Government Will Sell Supplies.
NEW YORK, Feb. 2 (U. P).— Stocks pushed irregularly higher in quiet dealings today. Commodities were featured by a break in cotton futures. Improvement in the stock list ap-
: peared to reflect better news from particularly regard- |
the Far East, ing the heavy United States attack] on Javanese bases. There nothing in business news of price import. Weakness in cotton traced to fears that the Government will sell] its big loan stocks of the staple to prevent further rise in price. Cotlosses running to| recovered | staples aio, their losses to|
only partly. Other were soft, but held U. S. Steel was up 3: point at | 327 in mid-session stock dealings] and Bethlehem clung to ‘i point rise at 63!2., The American Iron & Steel Institute announced steel operations this week scheduled at 97.7 per cent of capacity, up 04 point over last weck. General Motors, which will announce dividend action after the elose today, held 4 point gain at 327s.
LOCAL ISSUES
Nominal quotations furnished by local unit of National Association of Securities
Dealers. Stocks Bid Ask
Agents Finance Co. Inc com. Ve 9 Agents Finance Co Inc pfd... 20 is R St: Yds com :
Allison Has Labor Turnover Of 170 Workers Every Month
By ROGER BUDROW THE GOOD TRAINING ALLISON GIVES its workers
was | 3 [small percentage of “wrong guesses”
lon these men. {men in the Midwest are better than
disadvantage. problema is that many of its on the “hook” and when they their original homes, they go ause of their Allison training.
The big warplane engine plant here had a turnover of 170 men
(the other of a soon-to-be-released
ON THE RADIO
Leader O. Cathcart-Jones of the
RCAF.
TONIGHT 7:00—Vox Pop, WFBM. 7:00—~Telephone Hour, WIRE. 8:00—Radio Theater, WFBM. 9:30—Cavalcade of America, WIRE.
” # ” Parks Johnson and Wally Butter=worth will be “Somewhere in | America” tonight for their “Vox Two radio adaptations, one of a!Pop” program at 7 o'clock on current motion picture success and WFBM. They will interview worke ers helping to fill President Roosevelt’s order for 185,000 planes. A tribute to Fritz Kreisler on the anniversary of his birthday will be paid by members of the “Telephone Hour” at the same time on WIRE, Floyd Mack will salute the composer and James Melton and Francia
film, provide the dramatic lights of tonight's programs. Cecil B. DeMille has chosen “Skylark,” the story of the husband who paid more attention to business than he
high-
a month at the last count recently. | The company, which has added] around 12,000 employees in the last two and onehalf years, had] some misgivings! at the beginning] about the raw] material available. More than half | of its men, averaging 22 years old, came from nearby Indiana towns, Roger Budrow Ohio and Illinois. |Many were former soda-jerkers,i {high school boys who hadn't worked {before and white collar workers. The company says it has a few [former WPA workers. It declares it is amazed at the
And concludes that
average for mechanical training. They were trained chiefly by the (nucleus of 400 or more old-time Allison master mechanics who went through the eight years when Allison built 20 different engines be|fore it got one that met all require- | ments. Today Allison believes its giant {plant is SompeLenily sane.
ODDS AND ENDS: Vice President Wallace and Navy Secretary Knox asked for new tires, but didn't get them. Pullmans are being converted and box cars heated for troop transports. Other stock exchanges may follow the lead of San Francisco in. boosting commission rates. . The plate glass reception room being built for the Hoosier Agriculture Secretary, Claude Wickard, reportedly will cost more than a torpedo. Office of Price Administration is recruiting price policemen. Interstate Commerce Commission likes
did his wife, as
[the “Kadio The- : ater” presenta- popular works.
lion at. 3 o'clock : Richard Crooks returns to the on WFBM. He “Voice of Firestone” program after has setecied a two-week absence immediately |C1a u dette Col- following the telephone broadcast on bert, Ray Mil the same station. Benny Goodman torn % Bri Miss Colbert and his boys lead off the second anda and Brian 13-week cycle of “Spotlight Bands” Aherne to play the same roles they at 3 new time on WIBC. The pro{did 11 the screen version, gram, effective tonight, will be heard | A simulation of Winston Chur-iat g:30 o'clock each night except |chill's “We shall never surrender” sunday. |radio speech opens the “Cavalcade {of America” program at 9:30 o'clock {on WIRE. The drama for the pro\gram is the story of Canadian Bush |pilots, “Captains of the Clouds,” a
White will sing two of his most
» » 8 Under the auspices of the Treasury Department, Lucy Monroe will
w Wi be . St : sponsor a series of community song{ne arner Bros. pjcture. ars of| . - i the play are James Cagney, Dennis fests throughout the country to ‘Morgan. Alan Hale, George Tobiss, | stimulate the sale of defense bonds. Reginald Gardiner and Squadron Her tour stars Feb. 14 in Baltimore.
|
# " u
THIS EVENING
limes is not responsible for inaccuracies statior changes after press time.)
(The joaisnspong in program ane
nouncements caused b
WFEM 1269 WIBC 1070 (Mutual) Tone Poems Blue Mt. Girls Request Time Request Time
WIRE 1430 (NBC-Red)
Girl Marries Porti
rtia We Abbotts Piano Twins
Dessa Byrd 10-2-4 Ranch Sportscast Dick Reed
Fred Warirg World News Evening Musicale Ralph Knox, News
Telephone Hour Telephone Hour Firestone Firestone
Dr (8 Dr I. Q. Brewster Boy Brewster Bow
WISH 1310 (Blue Network)
Ted Fio Rito Ted Fio Rito Merry-Go-Round Merry-Go-Round
School Days Orphan Annie Jimmie Allen Tom Mix
Harmonv Hall Continentals
ews Luke Walton 2 Mvsterv A Mystery
True or False True or False
Schoolmaster Ham Schoolmaster Ham Concert Master Concert Master
Merry-Go- Round Merry- Ga Round Lum & Abner 5-8 Star Pinal
Phi 1 Harris Sportscast Song of Islands Life Program
News Bovd Raeburn Tommy Dorsey Tommy Dorsey
Lone Journev Tea Time Tunes Charlene’'s Songs Scattergood
Sport Notes Hedda Hopper Frank Parker Gilbert Forbes
Amos and Andy R
Praver—News Sportsman's Hour Jack Armstron Captain Midnight
Fulton Lewis Jr. Bert Wilson Mission Bell Music Tuneful Topics
Cal Tinnev Terrv Shand Martin Gould Melodies
Tropical Moods Propaganda Spotlight Bands Mead’s Children Ravmond G G. Swing Dance Orchestra
Nova Time Enduring Music
Concert Rhythms Bobby Pope Redio Newsreel Radio Newsreel Freddy Martin Marine Salute Johnny Davis s Midnight Serenade News-Varieties
TUESDAY PROGRAMS
WIBO 1070 (Mutual)
Modern Music
Jox Eo
yo Fo eties ay Nineties
Radio Theater Radio Theater Radio Theater Radio Theater
Orson Welles Orson Welles Blondie Blondie
Gilbert Forbes _ 9 Dance Orch. :30 Sandman :45 Sandman
Shep Fields Shep Fields Will Osborne Will Osborne
Lm | iia er oD
585358535853 PSS | nS >
Carnation Carnation Cavalcade Cavalcade
Dick Reed Story Dramas Reuters News Beasley Smith
Music You Want Music You Want Music You Want
nC nL SD OUD
8
WFEM, jase WIRE 1430 WISH 1310 | (NBC-Rzd) _ (Blue Network)
inte 413v
asks ligent ones will get intelligent answers. “This is no de-| bating society,” as Mr. MacKeachie | is likely to remark in some other | connection. i Like William H. Harrison, director | of production in the WPB, Mr.| MacKeachie was born in Brooklyn. | but about eight years later—in 1900.
| Good
140-160 pounds
160- 180 200 220 240 270 300 330 360 Medi u
160- 200
Good 270- 300 - 330
00 330- 380 - 400 400- 450 50- 500 Mediu
250- 500
pounds pounds pounds .... pounds pounds pounds
m-—
pounds Packing Sows
and Choice—
pounds pounds pounds
m—
pounds
[ 2dumy wm Haro AD" 99 hp fh lh pk uh poh fh pk
a Pare rnn
Luda bind or
D9 BI02 09 AI AI AI AI AD 9 et
ft ad . 19 19 09 1 S & - » w S
wns
533
| ont 0 | Cont
{Cons Coppermin
Slaughter Pigs Medium and Good— 80- 120 pounds CATTLE (2453)
Slaughter Cattle & Calves Steers
10.55
{ |
00d — 750- 200 pounds 900-1100 pounds 1100-1300 pounds 1300-1500 POUNAS <uouvvnnnennes Medium — 750-1100 pounds 1100-1300 pounds Common— 750-1100
25 | 5
‘an [email protected] | Heifers |
1225618 11.00@12 4 [email protected]] 7.50@ 9.25
3.25, crise seennen
stresses
Bulls (All Weights) (Yearlings excluded)
8.50®@11.23
Tesaaeen Terenas eneens
CALVES (467)
Vealers (All Weights)
Good and choice Sul of: | ne medium
Feeder & Stocker “Cattle & Calves Steers
Sriceansene
evssssnnenn
1.50 [email protected] [email protected] 1.75@ 9.25
srr esesnsane.
(2722)
there. In 1921 he was graduated rom Colgate University, Hamilton, | An A & P. Executive Most of his career has been spen Tea Co. and he was its New England director of purchases when he Choice— Mr 2 ‘ A! c or. MacKeachie went to work for| gan 1100 pounds Mr. Nelson when the latter was Di- {1100-1308 pounds tional Defense Advisory Commission. He became civilian adviser to in the buving of foodstuffs, and he! and a few others installed that > » > > - pol nds . participation in buying operations) Steers, Heifers & Mixed which gave the Army confidence in| Choice | Good— This confidence had much to do) 500-750 pounds men to the final assignment by ELA 200 pounds President Roosevelt of complete re-| . { Medium — and pro- _500- 900 pounds .. duction. : { S00- 900 pounds the fact that nobody in that agency Cows (All Weights) | Mediu Army anything it didn't know, Cutter and ‘common. . .. already. Cater Mr. MacKeachie is following the |ssocage— same methods in the control of all} Sood master Corps. “We found our specialists anywhere we could and could, on regular salaries, on $1 a vear and on military commissions. i v Choice— job.” : 500- $0C pounds He keeps pushing these men out 00 oy pounds .. Security Building. Fo0-q0 Tounds - i i i S r.1 500-1000 POUNAS ..cvievnneenn Some co-crdination is necessaiy,j 2-900 | ment agencies are buying the same Calves (Steers! thing. He mentions paper as an, NG choice > | Medium— uvers are the Army, 300 Sounds down the Treasury Procurement Office.! the Postoffice Department and the | Gpca and choice— iim— Same way with steel. There are S00 ponds down a number of buyers of steel and| Lambs ] : | Good and choice in behalf of the British. The Treas Meriva ane sood non-military goods. in co-operation’ Good 35d Choias with the British Purchasing Com- | Medium Ewes (shorn) Civilian Economy Hit Common and medium . .... “When we began buying the, LOC AL PRODUCE » Spr and food.” Mr. MacKeachie said, Hee Rock, 16c: colored, i5c; Leghorns, “g " there was a large supply of every-| “gE... yreed colored hens, 5 Ibs. and| und er the problems of buying began to| | SuSer Bo 1bs., full feathered. 16c Leghorn, {| White Rock, 18c: colored, 3% No. tions they impinge on the civilian grades. 3 cents less.) Cock: r. Graded Eggs—Grade A large, 30c: Grade nature of the problem occur, we En STR, Crags Ah Small, Me ne tter— No. SY @38c: branches of the WPB. | selec: butterfat, No. 1, 3&c; No. 2. ic. divisions of the WPB are separated and work by themselves. The func-| U. S. STATEMENT WASHINGTON, Feb. 2 (U. P.).—Govern-
He also went to the public schools | . with the Great Atlantic & a came here months ago. 750- 908 pounds rector of Purchases for the old Na-| or, ove pounds ... the Quartermaster General's office system of close-in advice and direct] 500- 750 pounds « [email protected] the Nelson methods. ? with the rise of Mr. Nelson and his/| | Chotce— 750- 900 pounds sponsibility in purchase, Not without significance is|Snmon— ever intimated he had shown the|Good S Follows Same Methods Beet. buying that he used in the Quarterwe worked them in any way we It was the only way we could do = 0 uso PQUNAS ....iieeenenn of the “home office” in the Social Medium— . mm he explains, when mang Govern-; 500- $00 pounds S00 pounds down example. Big Calves (heifers) Government Printing Office. Nes pounds GOowm ......ih.anl SHEEP AND LAMBS one of the largest is the Treasury. wv does the lend-lease buying of! Common Yearlings Wethers mission. { Good and choice. . ‘shelf-goods,” like shoes, clothing | _Springers, under 4! lbs. Barred and! thing. But as the Army grew larg- over, full feathered, 18c: heavy breed hens, | i. change, until now in many direc- | Roasters. 412 lbs. and over: Barred Th economy. As these changes in the spc. Trent receipts. Si Ibs and wp [AM take them up with the industrial] grade, 24c Bu 1, No. 2. 36@ “ {Country pickup PI quoted by the ‘The public has the idea that the) Wadley Co.) tions don’t have the sharp defini-| the cur-
tions most people think they have. Faent SXpenses ea Te Pt a for o We handie the work just as the pro- | pared with a year are ga
- ch s Yea Last duction and purchasing depart-ig .. . sit 108 102 605.03 86.231. Sre 203 84 4 10,256.034 795 54 63
ments of an industry v have, War Spen 2 . 316.792.584. q do. They h | Receipts .. 4.125.136.379.08 3350 481" 100.95 2
com-
to know what each other is doing, Ne: Def .. and so do we.” ash Bal.
| Fork. Bal _2142.060.26357 _ 665. Pub. Debt 59 879 447 415.22 45.227, | = INDIANAPOLIS CLEARING N WAGON WHEAT | Up to the close of the { today, Indianapolis flour mills elevators paid $1.20 per bushel for red wheat (other ral es
Ne. 3 vellow she corn Was | Rushel alk No. 3 white lled comm. el
.901.399.872.96 1.407.895.040.28
=
* Mortgage LOANS
PROMPT ACTION —Low Interest
BIDG.& SAV.ASSN
118 N. Delaware St Séc, and No. 2 red
Cont Cont
y corn @11.60| Corn
Crosley Corp Crown Cork . 4.50 Crown Cork bof. 4.25: Crown Zeller . 4.00 [Crown Zeller of 113.75 | Cuneo Press
5 | Curtiss-Wr | Curtiss-Wr {Cushman 501 | Cutier-Ham
[email protected] Davega Strs .... 9.304 11.50 | Davison Chem ..
| Det Edis Dev & R A
30 BIE 3
| Fair,
| Florence fos: :
Gen [email protected] Gon
Giiagen
£[email protected] | |Gochel 3
Graham- Paige |
| Grevhound Co Grum A
on their merits): Eh v ok of. 1
EY
> >»
-a
pt pt TY lf pt pt oY i ND a
UD Cd wd rt ot 0G IND CAD Cd pt CD Cd C0 et DD | ht fk CD pk fuk a] yh bh pk
oe Loren NAN BO a Oy ow
TR RL RL BR Sy ph
Com Solvents Comw So Comwlith Edison
Dold oo Ba BIS aN
wu
DUI Pra | OP) aT ht BID 00 ed DDI LI DID Ty mpd
Coe PIO DLs Prs
Cons Edison .. Cons Edison pf Cons Film Cons Oil SSmtainer
© O00 rt x»
'
PDN ra py ts NIDA Dg eB NNN pt
pt =]
I Ort a) NID CHNIT pt Ww oo
1 Ga re
Wop ~ » Bow om
OO rst pd pk it EN 1 et CO OO ON be
of Cub-Am_ Sug .
oo
00 bo ~“1owon
7 of..
| v |
ht BO ahs C3 - “ »
i Decca See a - &
| Dist eSag Dome: D Cast Douglas aire .. | Dresser Mfg ... | Dunhill Du Pont . Duques L pf..
on 03 C0 1 hm > 21 43 00 de CO 13 =F i 3
East Air L8tes . East Kodak ... Eaton Mfg
CO 1D re
oT Pei vty WS Nps Ga
_—AN
Erie pf A Wi.
=
The . Fair Morse .... Fajardo Sug... Fed Mos ul 1
Par LL
20 WHO DNLID TWN
CC a
a No - -
Bw
Hinks
Foster Whee! .. Fruehauf-Tr . Fruehauf-Tr pf.
4 et pt poh
Gar Wood Ind..
Gaylord ont . S| Gen Am
Gen A hs bt : Beking aking ... Cable .... Electric. . Foods
G & EA. Motors Motors of. . Out Adv..
ot bt 03 1 Ue WS Ay toa
Brew
fs DIN a BE
ft IPD rat Dn rn Yn ata NON -.ag fh MAA ft (ILI a bE gyret bt “Hl Nt WLI NYT ra SOR
“Sue pf
rim - ad fbt bk £03 0 151.5 5b 1 51 Gh ~ hn
-7
» “TDD LID IID re = 18d UN in
“HO DLItIS ry
+
Harb-Walk | Hat Corp '
| Hershey Hires C Wiis Joy Sug i. omestake .... 38 Hous Her A Houd Her B Hud & Man 3s | Hud Bay Nas 20% | Hudson Motor. 32
Il Central _. Ill Central pf. . Inspiration Cop Interlake Ir nt
int Int Int Int
Harvester . M Marine Min Chem Mn Ch pf 53a
Int In
304 946 625.98 2.966.083.872.93 Jarvis Co 29 | Jewel
Joh NO LY 3 3. ns-M ©p 330090, Jones Igh.. 23
&
Seton Balamazoe ge gt evstone Sti .. 2.688.000 Kinnev 5 ol. {Kresge SS . Xress Shs Shag Kroger G&B
—— i
Pepsi-Cola
Fy Pere Mat pr pf 3 Am
Corp
"15 | Pub 1, | Pud Ser 8 pf’ 3; SElI& Gp { Pullman {Pure Oil
1% i | Radio Ya Radio : +|Radio-R. Or
5 8
PL ww 1D
DUUIr«“W- 1D ODNODOU UND =] HW
ft A I a BE. DBRT mB DD AD a pt AN oo Mn pt raz 4 glee GAT SD a a moma AB
bE. bt 5 bw wT hs LO
fot 1.5 fe bk £3 bt 1D he wT LO
Ln
Wg La vom eam
tA
PN ”
ft pot
05 hk 1.5 sk pl pk 0 UY UY tl = 1 CD ln bn C5 CD UN Dt UY 50 mT hk Cd 0D
ft ft BG het 1.5 kf pt
ft pot
J DU Irth = TO in BQ UID rt NUN 00 = 104 Cd Co
tw No a
»
in CY DONS -
Belt RR Stk Yds pid Bobbs-Merrill com se evine Bobbs-Merrill 412% pfd .. Circle Theater com id p
the way railroads are using increased profits to pay off bank and RFC loans, rather than divvy out in higher dividends. Aluminum and magnesium production is expected to be boosted again, the third time.
tom
LC Indpls Water 5 fgicsuen Indpls Water Class A com... Lincoln Loan Co 5'2% pfd.... Linc Nat Life Ins com N Ind Pub Serv 2% N Ind Pub Serv 6% N Ind Pub Serv 7% Progress Laundry com Pub Serv of Ind 5% pid. . Pub Serv of Ind Inc com.... | So Ind G&L 4.87% pfd..
No. 25
Your
Cornhuskers Cornhuskers
B ast Breakfast Brea st Jam Breakfast Jam
News Roundup Haymakers Bandwagon Devotional
News Bailey & Arthur Bailey & Arthur Lester Huff
Friendly House Friendly House Public_Schools Meet The Band
John B Hughes Cornhuskers
En BB Early Birds
World Todav Earlv Birds Early Birds News
Jam Jam
Stories
Church Hvmns Mvrt ana Marge Steomothar Today's Band
Marv L. Taylor Man 1 Married Bright Horizons Aunt Jennv
Kate Smith
Low | @nn | aaa-a|an
Heaven-Home Mkts.—Trolley Tim
Sunrise Ranch American Express *
European News Musical Clock Musical Clock Musical Clock
Musical Clock News
Shopping School Shopping School
Bess Johnson Bachelor's Children Helpmate Road of Life
American Express Morning Mail Mornine Mail News
Breakfast Club
Breakfast Club
Walt Schumann News—Music Women in Defense Stringtime
Mary Marlin
Davia Harum
Singin’ Sam For Denise
Holivwood News Rhythmic Age Carl Baker Prescott Presents
Keyboard - Rhvthms Market Summary Farm and Home
may NRE
4 Ya |
1a]
wets 1
=i: 32 Superhtr
+
Eis 16| | West Auto Sup.
+
+
1
1 1 1g 3
a
Sa
| Timken
1,| Twin Coach
b 130, Aircraft | Un
32! Un Dyewoo
‘
a a
Ya
Wh {| Wheel Steel ....
ls i;
%
1 | South
a Rock Willys AN 1d of 5 Worthington .
s | Young Sheet
| Ravonier | Readine
bt pt ~~ - hn on
ad. A wn ow - »~
1 nt Rerance Mig Rem Rand of en & Sarat Reo Mot vic nw Republic Stl . Revere . Cop . {Reyn Met cu vy
HC Pt DIOO Bet fn FY eh hk bd pt A oan i Cy et pt EE I Ee ET = dra A.
ooo.
Ww a
wo dels 1 =TCO00 ra IIL dn DH -
Ladd
2 wn
40's 109% 10934
FR i Nona
” on [2]
o on
CD ot pt wn [od Wed id WNP @»
wo priya me or . La oT a rts. aR
Shell Un Oil ~. Simmons . | Skelly Oil > {Soconv- Vacuum {So Am Gold al Ed .
- Fe
BS bt ot 3 >
BS bt ps C3 0.5 bt $s 043
oes w A w -~ 4 >
on oo
{ South { South
> CAD st st pnt 0 bt bt pk Co al NT RTs [& Cd et fh pk £3 pt = CAN ENR
WLtd fn fa a DO WWD CLOT DO r= WWII WII Dy
LWrstd 08 CA om rt sl Be of CD CT CD pn G0 00 Ld bet LD = IDI DH DOO LI WIT
nn Bota
<P a SON a
| Studebaker
fot bt pt pt pt a} ede OY A
Gy. Ww
| Superior Oil ".. | Swift & Co . 32 | Swit Inti
» a .
sli rt ob Tn DTT py 0 00 CO bet fe = TEI ID et DOO TI CITIT Ty »
aN IRS NR aa
NN or ©
~ -
| Talcott J pf .. | Texas Co
-i hs oo
ots
R B.. | Transamerica Trans & Wms. Tri Twin
Cont CRT pf
pf. 97% Ell Fish.. 30'a BaP .. 9 Union Carb .. 66!2 Un Pacific .,.. 74% Un Pacific pf.. 79'2 Un Aircraft 313% Un Air Lines.. 11% United Corp 11-32 United Corp pi 1514 United Dru 8's
rs PE
xan
United Fruit Un Gas Imp | Un Gas Imp pf 1 1 3n Mer & Mig Dist pf rel) h pr Bl Res “h
oe
a oan a
Smelt pf..
Steel
Steel pf
CY <1 de ya rss WD Torr S COT
J 8 18 S S S S S S S Ss
it
— BI bt iat 0) Cdk BF I10D vs iD oy - eAw ae
Wabash pf wi. 2815 Walworth ches 8 | Warner Bros 33% Warner Br pf... 70 Warren Br .... 1 Warren F & 2 {Wes Oil & S pf 69
| West Pac pf .. West Air Bke... Westing El .... ! Weston El In ..
White Wool w
“.. 38%, 351,
CHIEAGe LIVESTOCK
s—17.000 a and 25 to 40 ce k 20-300 Jc HH 1613.43 good and ad choice \s6. so. 2b. Bi ghts, Tk Tse som un 11 50: Boo to" rvelghts, $1013 $11.35@ 11.90. Sheep—8000: fat mms sales and
sows largely 0 slow: few early DIES whoa 18 | choice light and handy weight native and | ted lambs 15 to 25 cents lower at 12@ | Ba 25; nothing Sore on yearlings or fat ee Cattle — 11,000; calves, 800: stric choice yearlings and medium weight steers, firm; general rage fio Jlow. bout , 813. 3
an early top, $14. 35; medium "weight
to choice and ty steers, $12. Re 15; mos $7. Seats: 0; steer t 3 heifers Pally yy choice offerings. $13.50, mostly $ down; cows weak; bulls Srady: practical to weighty sausage “ul
“15 | American Loan 5s 45 .. | Cent Newspaper 4!2s 42- 51
8 Muncie Water Works 8s 65 0108
a | Pub Tele 4l!3s 55
= | ployers.
‘ling for Indiana. will speak at the
:lat the
Union Title Co com Van Camp Milk ~fd Van Camp Milk com Bonds Algers Wins'w W RR 42s ... American Loan 5s 51
Ch of Com Bldg Co 4!2s 51 Citizens _Ind Tel 4ls 61 ... Consyl Fin §s 50 Crabb-Reynolds- Taylor 5s 42 .. Home T&T F. Wayne 6s 43... Ind Assoc Tel Co 3'zs 70 Indpls P&L 3'as 70 Indpls Railway Co 5s 67 Indpls Water Co 3!'2s 66 .....105 Kokomo Water Works 5s 58..
nd Pub Serv 33s 6 N Ind Tel 45s 5s Pub Serv of Ind 4s 69
Richmond Water Works 5s 57 Trac Term Corp 5s 67 : U S Machine Corp 58 51. *Ex-dividend
MORE PEARL HARBOR WORKERS SOUGHT
Workers for Pearl Harbor will be interviewed today and tomorrow at the local office of the U. S. Employment Service. The Civil Service will accept war plant workers provided they are released by their em-
103
Civil Service is also recruiting laboratory aides with schooling in mathematics, chemistry and physics. Pay begins at $1628 a year.
ADVERTISING CLUB TO HEAR MATHEWS
Comm. R. H. G. Mathews, officer in charge of Navy recruit-
Indianapolis Advertising Club luncheon Thursday in the Indianapolis Athletic Club. Comm. Mathews. a former advertising man associated with the Ford, Brown & Mathews agency in Chicago, will speak on the subject, “The Navy Is Big Business.”
DAILY PRICE INDEX
NEW YORK, Feb. 2 (U. P.).—Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Saturday .....coeeesetccsnnes Week ago .. Month ago ...eeeevrssnssnans Year ago . ‘ 1942 high (Jan. 20) ciieennes 1942 low (Jan. 2).
VINING TO BE SPEAKER
Vernon E. Vining of the Proctor Electric Co., Philadelphia, will speak second Advanced Shles Training Clinic at 8 o'clock tonight at the Indianapolis Athletic Club.
OTHER LIVESTOCK
FT. WAYNE. Feb. 25 to a cents higher: 200-220 lbs., $12.40:
154.41 155.89 152.75 123.43 155.89 . 151.54
ses ss sc sre serene LN
sts sheet
3.(0.. B) aso. 200 lbs. oy 50; bs., $1 sia
130- 140
2 | expense. In insisting upon the lat-
And how it hurts, and nags
{| your cough, chest cold, or acute bron-
Income Tax
Deductions for business expenses form a large item in the return of many taxpayers and must have certain qualities to be allowed. Such deduction must be for an expenditure in connection with Be a tenance and operation of the taxpayer's business or business properties; it must be an ordinary vexpense, and it must be a necessary
ter qualifications, the Bureau of Internal! Revenue is upheld by the Board of Tax Appeals and the courts. Ordinary and necessary expenses are only those which are usual and essential in the case of similar taxpayers, “and do not include extraordinary and nonessential expenses.” Typical business expenses of a mercantile establishment are amounts paid for advertising, hire of clerks and other employees, rent, light, heat, water, stationery, stamps, telephone, property insurance, and delivery expenses. The expenses of a manufacturing business includes labor, supplies, repairs, light and heat, power, selling cost, administration, and other similar charges. A taxpayer conducting morg than one business may claim the business deductions of each.
GRAIN FUTURES SLIP IN CHICAGO TRADE
CHICAGO, Feb. 2 (U, P.).—Grain futures slipped as much as 1 cent a
Lone Journey Jo nis
Farm Hour Farm Hour Wallv Nehriing Dick Reed
Frankie Parrish Linda's Love Hearts in Harmonv Editor's Daughter
Against Storm Maw Perkins Pepper Young Vic & Sade
Backstage Wife Stella Dallas Lorenzo Jones Widder Brown
Girl Marries Port W
Haymakers Bgv Greets Girl
Mid Dav News Haymakers Front Pers Farrel Industry Speaks
Community Hall Buy Bonds Today Buy Bonds Today Lester Huff
Old- -Time Jamboree Old Time Jamboree Old-Time Jamboree Old-Time Jambores
News Picture Footlight Previews Buy Bonds Today Buy Bonds Today
Tone Poems Blue Mt. Gir's Request Time e Abbotts request Time DePauw U.
WLW MONDAY PROGRAMS
9:30—Hilights & Shadows 9:45—Hilights & Shadows 10:00—Peter Grant 10:15 —~Gregor Ziemer 10:30—Anson Weeks 10:45—Anson Weeks 11:00—Chuck Faster 11:15—Chuck Foster \11:30--Moon River
Farm and Home 7 HH -
News People's Man Defense Show Defense Show
U. 8. Armv Band U.S. Armv Band Market Reports Tommy Dorsey
—— d— — Orphans-Divorce Honeymoon Hill Day Dreams Day Dreams
Club Matinee Club Matinee Club Matinee Club Matinee
Freddy Martin Freddy Martin Merry-Go-Round Merry-Go-Round
Gal Sundar
Tune Rev Gilbert Forbes Farm Circl Farm Circle
Dr Malone Jovce Jordan Fletcher Wiley Woman in White
Dr. vid Harum S. Na
‘30 School i the Alr :45 School of the Air
:00 Date with Don :15 Date with Don :30 Sing Along 145 News 0
"4:00 Lone
Bide | nim | Aa | eS | edie | tore | ined PO0o | rons | HS53 | R33 | 5853 | 585358
pt pt oh | ot pt oh pt | th Pt os ph
Pt ps put pet | BIDIBILD | rt it pts | HO OO
PS woo
or
Journey :15 Christian Science :30 Charlene's Songs 45 ttergood
ain | coc | BBR
T ™
| 0 TF
di. }—Girl Marries \— Portia —The Goldbergs eautifu' Life News Reporter Evenin' Neighbor
Lven
Lum 'n Lowell Thomas
‘6:00—Fred Waring
: a 7.00—Telephone Hour i poe of Firestone 8:30— Brewster Boy 9:00—Contented
TUESDAY PROGRAMS
10:0 1 Sr Yaliang Lady rimm's Daughter
1
0-—Mary Marlin 5—Right to Happiness 45—-G Barto :00—Against Storm
’ {15—Ma Perkins 2:30—Pepper Young 2:45--Vic and Sade 3:00—Backstage Wife 3: Hy ~Sielia Dallas
x
SREB Sd
3 4 1
0— News 5—Reveille Roundup :00—-Time to_ Shine :15=Carroll D. Alcott )—Painted Dreams
Consumer
Editor's Daughter Lone Journey News-Farm Livestock Reports
Sm Dm
Ph pt et pt ph pt poh pet A aioas
:00—Evervbodv’s Farm :15—Everybody’s Farm 12:30—Elizabeth Bemis 13 Haars in Harmonv 00—Light of World 1:15 —Mystery Man
4:00—Girl Marries 4:15—Portia 4:30—The Qoldbergs 4:45—Beautiful Li H
John sehelor's Children ews oad of Life
--
TInt
PUTTING THE SPOTLIGHT ON SARS SR BAND EACH WEEK NIGHT
bushel in early dealings today on] the Board of Trade. At the end of the first hour wheat | was off 3 to "s cent a bushel; corn off 4 to % cent. oats off 1 to 1% cent; rye off 4 to 1 cent, and soybeans off 2 to up 4 cent. Trade sentiment was“adversely affected by weakness in cotton futures and by the report that the Government would sell commodities under loan to hold prices back.
VOTES DIVIDEND The Public Welfare Loan Association has authorized a $3 per share dividend payable Feb. 10 to stockholders of record Jan. 29.
Advertisement
What A Cough!
And disturbs your sleep.
Chronic bronchitis may develop if
chitis is not treated and you cannot afford to takea chance with any medicine less potent than Creomulsion
$14.50: |
. Ss... $11. Roughs. $i: $9.75: calves,
lambs, $12.2
BUSINESS AT A GLANCE
By UNITED PRESS Italian Superpower Corp. 1941 net loss $420,428, after taxes, interest] and amortization, vs. $889,321 in| 1940. National Aviation Corp. Dec. 31] {Inet assets equal to $14.38 a share! ™2
stags,
outside, $10.25; vealers fi 10. weighty cutter cows Ahahuly. under
i'vs. $16.67 year earlier,
which goes right to the seat of the | trouble to help loosen and expel germ ‘laden phlegm and aid nature to soothe and heal raw, tender, inflamed bronchial mucous membranes. Creomulsion blends beechwood reosote by special process with other time tested medicines for coughs. | It contains no narcotics. No matter how many medicines vou have tried, tell your druggist to sell you a bottle of Creomulsion with the understanding you must like the way it i Sony ted shen the cough, per-
, or you are to ya your HO,
Ae
BEGINNING TONIGHT
excerr sunoay WIBC-8:30 P.M wi
= NETWORK This week’s line-up... @ Benny GOODMAN {D Freddy MARTIN @ Lionel HAMPTON
OGlen GRAY and the Casa Loma Orchestra
@ Harry JAMES
Saturday night, for a full half hour, Coca-Cola puts the spotlight on the band which, among the hundreds of bands available to us, made the recording that outsold any other according to our latest weekly survey.
PRESENTED BY THE COCA-COLA COMPANY
