Indianapolis Times, Indianapolis, Marion County, 10 March 1942 — Page 13

oa ~% Chee. Thus Far Thus Far 42ve. dl $192,060,000 ~~ $229,352,000 +194" $500,939,000 = $628,926,000 + 255 $888,015 $931,045 + rl

‘Week Last Week _ Before -A Year Ago $25,465,000 $21,852,000 $68,011,000 $54,486,000 $100,467 . $101,311

ME INCHANGED —— | Postoffice Receipts Sse owas ss $119,207 ‘Building Permits ..........cc...... $344,740 $5,425 $193450 $2,534,649 - 58.6 pings stassuasetesesssnesess SLO $125,650 $618,850 + 26.9 ' Csaremesiiannnic : 0 0 0 $13,000 $231,650 ha Eensvnseasavinbepanses 0 $1,479,500 Pub : IT» 0: ! $6,700 Regains & ions veresaves $10,690 $197,949 haa ) Jobs Raina. sdiundunie os 1,199 6,961 The top somites at $136 fox] Recetved Jobs AL TE 513 3,796 good to choice 200 to 210-pounders.| Filed Uemployment Claims...» 432 4,304

hd z i also were steady with a| Freight Carlosdings: dort vs, ws 3 = $15.5 Sop. ¢ "ss catile; 2 _ Inbound ... oes shasncesciiinerns 4,639 cre 0 Sh | pp Water. Pumpage (gallons). .........236,770,000 | Sgreetear Passengers (March 1).... 1,717,508 SE —. (March 5) -..... +166 | Livestock Boshipts (head) ......... 50,924 Cattle 6,415 : 2,500 36,099 5910 955,000 701,000 60,000 176,000 9,000 9,000

ABOVE PARTY = = a :

. Abbott Lab ... 39 w 3h —1 Yesterday .:-, me I Perth Posh To Tesi 3 2 fs ge Ee § One on ey _—e har ; Hn Bs! on £ ’

High, 1941, 188.59; low, 106.34. Purdue Reports.

. .

—- y x slex

to Remains at $13. 6 as

Mpa

Sha H+:

aly Litt: ok: | +: 14:

20% 125 ’

- 20 RAILROADS

~8%

LB, unEe, o. So PS

A NRE SNFSSEE a 00 — = Re a3.8

FLLF: aki

- 67.1 - 971 4+ 463 - 312

Pisamseensiserinenges..

Fe NN

P)~—A conjinued rise {in prices of AR FEE Indiana farm productsi has pushed Am Haw 8

Am Hid ia

Re aco Swede HEL;

oF a."

py REESE FE er sors

pPNW SERSSE FRSERES tli : +

RO BD SENS .

partments working in co-operatign with the'A

_ High, 1941; 20.65; low, 13.51. ‘U, 8. - agtisulivrgl mi keting serv- : ice.

4,608 2,690 15,563,000 238,980,000 1,651,528 +119 64,166 7,452 2,929 45,488 9,297 695,000 498,000 55,000 116,000 15,000 11,000

* 35,890 19,871 114,265,000 1,972,440,000 10,377,798 102,043 486,699 53,352 21,003 344,592 67,752 5,916,600 4,952,500 233,600 662,000 15,000 53,500

AICI bt ps NOD RS ha a ’ .

2 EEF BEE 8s

2,335,790,000 13,566,784 112,664 494,519 57,941 21,467 - 333,335 81,776 6,085,200 4,370,500 245,200 1,150,000 98,000 221,500

Sources of above figures: Jndianapolis Clearing House Association, Indianapolis Postoffice, City Buildin Commissioner, ' indianapolis Office of State Employment Security Division, Pennsylvania Railroad, New York Central, Baltimore & Ohio, a a flinois Central. Chicago, Indianapolis and Louisville (Monon) ; New York, Chicago & St. Louis (Nickel Plate): Indianapolis Grsraaaabaes 110001200 Water Co,, Indianapolis Railways, Indiana Bell Telephone Co., Agriculture Marketing Service, Indianapolis Bosrd of Trade, CATTLE (1983) Faia Center Township Trustee, Federal Reserve Bank of Chicago, Indianapolis: Power & Light Co.

na I Ahar .

& C13 13408 iscose t 1131 1135, 4 Wa Bo a 3

,y i A 4% Hy Ya

pig ieee io)

tesesiesivninassusnesente

cesensrvins Renan treniee

: ioe « Sows $i ol Garris (bushels) cceocesees id 4 le sxes nd, Rayon a Tat i ) J Teens gg I..$13.0 ~ : nrseSsgnsansanssatseee ss to 99. Ins Corp ’ “ee # : 4 50 Rang 3 ¥ ~ 24 Be Tale & press a i % Shes fe § : Wheat es sRPsROssedessRsResRee of specific farm products, only } ¥ : SPH _— o yt MM on = Fellow 3 8% : Er : Th ~ \ Sa Oats sososcssssccssnss ovesssene eggs, lambs and calves pf Indiana's ntercherr er Ef wu a” 3 ; Rye 17 major farm commodities failed to Ot E wr "1 ‘move upward in price, and only py eit 3a 36 + All Bus M.-L 380 43 Tt |%onlte ..... oo % ‘butter remained stationary for the|Ban Ir wis “monthly period. : | ue]

STOCK PRICES SAG; 61 ' TRADE IS IN|A RUT

NEW YORK, March A (U, P) —| Biv L eakness In special ifsues today Ee ‘dragged the industrial stock average |Budd Mie . to a further new low since ughs ‘March 31, 1938. Trading, however, Bush T B 3 pt or Bi ey around the dullest pace in Bush Term ght months. . * Chrysler hit a new high at B2%, up %, but fore up half its mi

oA 02S BRT ors 1 beds Bi +1

SES

ies jumped fie points, over ae reaching 101 or one point above parity. The| Atchison national index of farm prices’ pur-|Atl C Shain power dropped, however, |

Sr. er REE ANT ARERR

$8s408000080000s0 00000000000

sescaany

Soins vase snes

a ste mass

1% -— Soybeans sess ieessassennsctecss

CO-OPERATIVE ADDS 4 NEW DIRECTORS:

Four new directors were elected | 73 to the board of Co-Operative Serv-| 11 :., ices, Inc, at the eighth annual|Good— 2: esting last night { They are OC. Mervin Palmer, Butler botany professor; Jack Rosebrough, of the Hoosier Farm Bureau Life Insurance Co.; Mrs. Mary See4| ger, public school teacher, and Paul

O. Turner, Indiana Central economics| good— professor. All filled vacancies on

— 4 | Zonite.

ft PPD

Jes Ha8G8558.

Woe a SEER > 3 y U1

3 a. ea. Johns. & Lgh ..

Westinghouse Co. Develops

aesasttansnn a ase, Conn., March PITTSBURGH, March 10 (U. P)~In an annual report to stocke Fra > 10° (U. P).~United Aircraft COID.|p;iqers, Westinghouse Electric & Manufacturing Co. today announced |voluntarily reduced its contract|development of numerous “secret” war devices, including equipment prices on’ planes and equipment for|which will increase accuracy of tank fire on rough ground “fiftyfold.” fers sesanses [email protected]| the United States navy by $10,000, Reporting completion of a “record breaking” yeer, officials of the

company declared: \ . 11.50m1a50|000 during 1941 but had record” .pynouon many are intensely tory.”

ye A

elsey Hayes B nnecott pound

A . B00 8-3- BROS

BEEF a Ww

8 on Sa

res .... 87 Byron Jackson.. 10%, —C Cal Packing ... 17%, alumet & H... 6%

| to a small

Che cal and gory

Toe a point or more to new’ lows; while ‘Standard Oil (N. J) and Texas Sa hit new bottoms on fractional 1 Sry International Business Machines, off 4 to 121, and Westvado Chlorine, off 5% to 21%, were utstanding ‘weak spots. America Smelting held a one-point gain in a firm copper group and Eastern Air Lines Jumped 1% to 21%, a favorable 1941

Co ‘earnings statement. Sears Roebuck| gd

Golot

| Broadest

m Credit m Inv Tr

slipped off to a hew law at 4614,|Cmin Tr cv

Off %, and losses outnumbered gajns | &

‘elsewhere, Uneasiness over the wear situation and over tax Siscussions continued as the qutstanding m sants. ;

{oh PRICES RISE

"IN EARLY DEALINGS

CHICAGO, March 10 (U. P).—

et depres- a

Coty Inter

‘Grain futures scored | fractional

gains in early dealings on the Board ' |G

of Trade today. At the end of the first hour wheat Gu

1%; rye up % to %, and

ybeans up % to 5%.

Traders drew encouragement from BD the fact that the President in his!

, Crown Cork

Crown Zeller cible St ... Fd Sug... 1

Curtis Pub

Cur ub of. ceils was up % to % cent a bushel; corn! Gurtlas Wr A':"

up % to %; oats re wm

Davison Chem Dore &

+ 13% Ald

as Jas 38 Plotures of 3

Cream Wht ... 1 Crosley Sop we

y P&L cu pt 10734. & Co 20%,

n, (while Gen-| a: iy 3 A id O .... 88 5 88 C 18 Celanece rr Lob .115%)

1 Yi

—- 00 00D Wt td gy DIM BILD

9 9 | 167% 168 27% 2% 9-16 13% 6% 17% iy 9%

% 142 75%.

10%

4 8% 3%

CE wene Es a 25 Bo 2223

Thi HE

BERS RRR

Flt H+]

Err +ic de or Rat 8 SEN *

LDL ++1

HHI: 4 +

1 PEL I: |: ICU J J NS Ey

10% 10% 107%, 107% . 20% 0%

+ HL

Lone tar Cem. Loose W Bis.

adison G. anati Sue ... Marine Mid ..

as nil Fla” of.

Martin (Glenn) artin Parry . asonite Corp... D8

Tory cGraw Hill .. cIntyre Porc..

ullins Mfg: B. ullins pf

urphy G c.

ITY ...: no 8%

Nasl-Belv " 435 4Y h & St L.. 23% no

Nat Sips a 7 f 69 Ss Nat ad y 12% Nat Mal & 8ti C 1s Na Oil Products 3 Nat ry r& Lt, 2 Nat glee 814 at Sup Penn.. Nehi 5% Newmt Mining . 28% N ¥Y Air Brk.. 29

26 6 ort & West ++ 168 188 Nort & W pf. ju 1 a No Am

BY 8 2o Amer 8 ‘pt. 45 3 No An Avn.... 12 1

I: HE

28 : N _.¥ Central... 8 8Y, NYC & st L ot : NL H.. 2 Ya

the board.

ing at the First Reformed chureh, |, 3100 E. 10th“st. The organization, with offices at 1020 E. North st., operates a coal yard, filling station ant food market and has 800 members. Principal speaker last night was

Indiana Farm Bureau Co-Operative and president of National CoOperatives, Inc; of Chicago. He discussed the economic possibilities of the post-war.

| INDIANA HARBOR

STEEL UNIT BEGUN

CHICAGO, March Construction workers are building a new blast furnace unit at the Indiana Harbor plant of Inland Steel Co., Vice president Clarence B.

Randall ahnounced today.

Mr. Randall said piling had been driven for four stoves and was be-

%|ing driven for a 1000-ton furnace.

The company hopes to complete the unit by November, cutting the normal 18-month construction period to one year. The unit was described as an “insurance unit” to take up the slack in production next fall when two of the company’s five furnaces probably will require relining. Blast furnaces must be taken out of pro-

* duction every four to five years, for #|a minimum of 61 days, to be re-

. Choice—~ More than 200 attended the meet-

I. H. Hull, general manager of the|C%®

500 U. P3010

[email protected] [email protected] [email protected] 7.15@ 9.50

Bulls (all weights), (Yearlings excluded)

[email protected] 3 10.26 | jm: 8.7 9.75 8.00

CALVES (564)

Vealers (all weights) $15

Good and choice Common and m Cull

Feeder & Stocker Cattle & Calves Steers

Ghigtce . 11.25

. 12.25 . [email protected]

. 10. 15:00011:38 25 [email protected]

80C 10 Pe ees

Medium ao 560-1000 0 pounds sesseave sesese 500- 900 > pounds reuiaviee sees Calves (Steers) Good and Choice— 500 pounds down

[email protected] Medium— 500 pounds Soma [email protected]

Good and che ; 500. pot [email protected] Modi ad

500 pounds down [email protected] SHEEP AND LAMBS (971)

Ewes (shorn) Good and choice Common and medium

aro IU

profits for ‘the year, nevertheless, the annual report disclosed today. President Eugene E. Wilson and Board Chairman Frederick B. Rentschler explained in the statement to stockholders that the company was

so | determined “to avoid excessive prof-

its resulting from accelerating volume of war production” and had “stabilized profits at pre-war levels and passed on to the government important savings made possible through: increased production.” The company’s 1941 net income amounted to $16,721,380 or $6.29 per common share, compared with $15,443,057 or $5.81 per share in 1940. Shipments during 1941 rose to the record volume of $307,000,000 compared with $126,000,00 in the preceding year and only $51,000,000 in 1939. °

NEW ASSEMBLY LINE SURPRISES. VULTEE

VULTEE FIELD, Cal, March 10 (U. P.).—Introduction of powered assembly lines enabled Vultee Aircraft, Inc., to greatly increase plane deliveries ‘to the armed forces in 1941, although the year primarily was one of “preparation for tre-

2 | mendously augmented war produc-

oo HoT! in 1942 and 1943,” the com00 | pany’s annual report said today. “This mechanical handling. aid to production was pioneered by

interesting, none can be discussed in detail, only a few may even be mentioned. “Research engineers produced a device for army tanks by which the markmanship of gunners, when the tanks are movihg over rough ground, is improved fiftyfold.”

The: company also disclosed development of a new plastic panel for radio equipment on warships which is shatterproof under shock. Another development was a power-supply system for industrial plants which is. “bomb-proof, sabo-teur-proef and outage proof.” The company stated the system is “being applied to many of the country’s most important defense materials factories both old and new.”’ .

The report revealed development of a device to utilize power formerly wasted in “breaking in” new airplane engines by test block runs, one manufacturer, it was disclosed, has been equipped with a battery

of alternating current generators

provided with special controls. “Each generator is driven by an engine. just assembled and required to make the ‘green’ run,” the report said. “The power thus developed is supplies to the plant electrical system and is used in the manufacture of other engines. Little or no addition power is required by the fac-

Net income during the year was $23,117,510, an increase of 22 per cent over 1940.

SCOTT HEADS EXCHANGE * PHILADELPHIA, March 10 (U. P.) —Edgar Scott, a member of the brokerage frm of Montgomery, Scott & Co., and a governor of the New York Stock Exchange, today

was élected president of the Philae delphia Stock Exchange.

# LOANS

ON LIFE INSURANCE

LOW INTEREST—Save 2% to 3% interest on present or contemplated indebtedness on your policies. Simple procedure, intelligent co-operation. No charge except interest. *Except Industrial, Fraternal and Government policies.

YOUR INQUIRY IS INVITED

BANKERS TRUST CC.

PENNSYLVANIA & OHIO STREETS Member Federal Deposit Insurance Corp.

ETA LOAN

LLL +0

HOWTO G

ww... "radio address last night did not!3 Baa 17 openly oppose the I 8,8, ‘ette bill preventing the 19% 1 .ernment-owned farm ; Ise “i%0% 100% 1 ‘below parity. - | Du Pont of

No Pacific 6% 6 No 5 Pwr pf. 104% 1047. HO ei

ig Farm # 19% 19% Omnibus Bf ... 74. 1

: lined with fire brigk, Mr. Randall ord ends and 15, 000; St “a Viltee in the aircraft industry. Resald. weights 0) down about 5|sults obtained from the original : $80.30 he. 8 thai 3 50013 a as! Tob installation were far in excess of LOCAL ISSUES Ibs. Roel, "ood 400-5 forecasts, and similar equipment is : Sheen Rec eipts, 000; late Mon onday; now being installed at other Vultee Nominal quotations furnished by local bs stron ents hig! manufacturing divisions.” uml of National Association of Securities Vultee ently is employing ealers. to curr Stocks Bid Ask double :labout 1000 women at the same joens psec ca Jog cop fh | Some fe od ec ato BE SSO 0 0D 0 er en er Br SE Yr rE eri LT LS igs a8; Shricts choice 92-96 Ib.| 3,ing comparable work and many ‘kd Catt Receipts. alves, 1200.| of the women are wives of men now

500. Bobbe- Morell 4 2% otd. tead, ners) ste i Circle hes ter i fot Slow. ‘weak to 45 cents lower: choice; on duty in the armed forces, the > bulk sell- report stated. ly.

a BE Er EERE

TO PAY YOUR INCOME TAX

No security of any kind required Monthly payments to fit your own pocketbook

$50 loan for only $3.20

The cost of a Household Finance loan is surprisingly reasonable. Suppose you borrow .$50 and repay in four monthly instalments of $13.30 each, You repay a total of $53.20. The cost of your loan is thus only $3.20. Or suppose you borrow $100 on the six= month plan. Your six monthly payments of $18.18 each total $109.08, “The cost of your loan is just $9.08. _ If you need a loan to pay part or all of your tax, or for any other good reason, see us at once. Or just phone and say how much you wish to borrow. We are always ready to make helpful loans. Phone or visit us without obligation.

Free Income Tax Help

[el ad |+:

3 109% 109% 122'%, 122%: 122% on ln

- 314

IF ORR

agra RIB ORD

20%, Gy

“Uk

++:

East Air nse. t R n..

lee T FEES F a & x t

U MUST PAY at least one-fourth of your total federal income tax by March 16th. If you do not, your entire tax becomes due at once. If you need additional cash in order to pay your tax on March 16th, and if you have a job, you can borrow the UThY R LIVESTOCK money at Household Finance, Then INNATI, March 10 (U.P) you may repay your loan in small 1" Bo-38 he op. Sid Tor Tor “Sood i. | monthly instalments. See in the table i. medium to ol 8, Jib-so0 prin | below how you may choose a conrespi Sulphir 341, 34% 34% . $11:[email protected]; good sows, $11.50@ venient payment plan. =G All you do

ee 3 8 dry a Rte 6 oe... Yel ¢ 5. s—250e Active strong: {gar ir mob... ae Te jig . Inc com All you do to apply for an Honor

er Supe. bulls; bulk x Soon and 2 4 Boy of. 3 Loan is to tell us how much you need and how you wish to repay. We require no endorsers or guarantors, ho stocks or bonds, nosecurity of any kind. You merely give us your signed promise to repay. This plan saves you the embarrassment of asking friends or fellow-workers to sign the loan papers with you. And at no time do we question friends or relatives about your credit. You get your Honor Loan simply and privately.

FIND HERE THE CASH LOAN YOU NEED

CHOOSE YOUR MONTHLY PAYMENT HERE

51.91 | 26.60 11.45 9.77 64.89 | 3325 | 22.72 1431 | 12.21 77.86 | 39.91 27.26 17.17 | 14.65 36.23

103:56 | 53.07 2782 | 22.79 | 1943 12926 | 66.15 | 45.12 | 3462 | 2832 | 24.13 154.95 | 79.21 53.98 | 41.37 | 33.82 | 28.79

WE GUARANTEE the total amount figured by this table to be the full amount you will pay, when payments are made on schedule. You will pay less if you pay your dan ahicad of tine 4iics You pay charges ouly for the actual time you have the muney. ude charges at Household's rate

of 214% per month on that part of a balance Tk etcending TE on = AO teen ] in excess of $150. SE usrasein aseief

Je.

rt pd pk ie 0 ttt BIN Rd =

TF RR SHEE FLL

. Three y were awarded

He 4 te e

ph a ©

h Loan LN ‘nid. . 1500 1b. steers. ist seve: eral Ags steers and earlings ing, $i .25@14 gho Sice , cit 1bs., m ed u el ers. g : cutter $2 ractie al top hty sgusage © bulls. $10.50: choice oalers. $18,

TPH

End ‘Johns 48%, | riEnk P 8,5. 50 ot HY a rway Panhan ndle Param Pict .. Parke Davis .. Park Utah ae datino Mines .. ney-

+: cH a

FRESE

TO ¥ 533 re

Per Eu,

6% Bria 22s 8% Swe i

RIN en

a REREEEE 20 5 gasses

En '

Been: > sie o>

to good steers, 11.75@ mixed steers and heifers. and thors around

Wh he w

BNR REE <

Pub 2A 4 113% 13 3 b Ser 7 299

a at on

oh.

Sue +1] |

FEF GFFR

BY ht

HELE +L):

EERE Lo SEA : Cobiks 4%s 8: ‘80 Hix a0: vealers 8 10.55;

4%s 61......1 ‘choice, yiols, mon a Home T& fed lambs a tly 3 60; a Tas and med} ns 8011)

um on. $7.50 down; Tat pg '$4@4.

WAYNE, March 10 (U. P.).— -220 ibs., 1350; 180-200 -180 ' 1bs., $13.30; ; 240-260 1bs., $13.35; : sebd Ibs, 13.25; : ~ $13.18° 150-160 1bs., .85° ihe $ido; 130-140 1bs., 3 1002130 1bs.,

408 IT hs, $12.35, "Stags, iL. Calves, in % ——— rt ———

ceene wei ’ .

foe C Tore %e 8 1.. WAGON WiEAY ;

nour one hd grain per bushel for No. 2 races Sore thelr, Jenisl

£478 —g ; % ET: Ag ats wile shelied o. pot

MEN] me Jo es SOIT

ai 383 Bane 13 UNREDEEMED wante d

whS oe Su Tes ms

- ES "

Purity Bak

» 6 win

Pads ewe

oF 5 0 11+

oA, GO +311

Rayon or able §

This new Income Tax Estimator shows approximate tax you will have to pay. It’s freel Ask for one—and for official U. S. tax forms. Anyone is welcome to,

these incometax services.

SERS

WO eI]

Mot ven eo aot 4 viv 11 Republic Stl pI. 29

n us ich ; by

1d e9 Rustiess 1& St. 2

$a] >

Ba Csas 55 ses

i: . oe

0T- 38083 wes-ahors NR Ee Pil lb HL

vee 30% .

GRAIN pe

jreyhoun in 1 reyhd 5% i 1

$ 3.49 6.98 10.48

13.97 17.46 20.95

ERE

288

hi 2 oh [/ (7/10 hod g WR UsvAL EE TIF Id

~ AND TOPCOATS

terns and colors. Al

4 {vier ok, A. rapsasces

"HONOR LOANS —$20 TO $300

HOUSEHOLD FINANCE Corporation

: TWO INDIANAPOLIS OFFICES ~~ | Third Floor, 2 Wook Set

H. S. Meeker, Mgr. Phone: | S———