Indianapolis Times, Indianapolis, Marion County, 21 March 1942 — Page 9

By omaren Press

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS sessecesnsaneensans 100.82 secesssescersns 100.75

"10 CENTS

” 1500 Porkers Arrive. "At Stockyards.

“A 10-cent reduction was made in| prices for hogs weighing mare than 160 pounds at the Indianapolis stockyards ‘today, the agriculture marketing administration reported. o ‘Lighter weights were unchanged | from yesterday. The top was $13.50.

Today ...

High, 1941, 15850; low, 106.34. ! 20 RAILROADS

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High, 1042, 29.01; low, 25.98. approximately 9:15 o'clock Jmight, Tellowing the

High, 1941, 30.88; ‘low, 24.25,

Yesterday sesvssesenensane ‘Week Ago . Month Ago . Year Ago . High, 1942, 14.98; low, 11.93. High, 1941, 20.65; low, 13.51.

19 MOST ACTIVE STOCKS : Sales Net (In 100s) High Low Sides Chsings 8t G&E 7 " 671 8% " Homestake... 55 24

11.98 ciety of New York -to continue 1s the broadcasts of Mr. Lewis the orchestra's Sunday afternoon concerts for five more years. o » | EE HARRY JAMES has copped the

“Spotlight Bands” award again this 2 . THIS EVENING,

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Stock sales approximated 160,000 shares against 170,000 a week ago. Curb stock sales were 32,000 shares Prepared for Switch, Now Steers

against 41,000 last Saturday. Makes Sta ow a of Tank Armor. : EE torte Sle Etim 1

WASHINGTON, March 21 (U.P). a80—A little Pittsburgh company that] 11 1100-1300 bounds sevineevanchs 30 138 fa5 » YET: g auto springs and POUNAS + o2voevneeees [email protected] bumpers for 29 years is going to 1100-1300 pounds «.sveeeeee.. 10:[email protected] give Hitler a lesson in how Amer- 750-1100 pounds vesssavesssee [email protected] ican mechanical ingenuity is adapt~| choos aii dios 5 % ing itself to the problems of WAr|googe ——o) ctvitteer 16041, production, the war production 500- 750 bounds diem [email protected] board said. today. CTHOCD00 DOURAS ..r.enesner. 12.50013.80 The company is going to make

“hess [email protected] armor plate for tanks, and make [email protected] it in “staggering quantities.” The e biggest production month the con- Band Festival cern has ever had in its two plants|Good . . sole & M B Bible Class So. was $600,000 worth of springs and © 795@ 8. : : sje, Sal iki ‘Sunshine bumpers. The firm now has orders|Canner = ; Ray Herbeck ay Sunshine. iV ces

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for $306,000,000 worth of ‘armor Contrasts plate, and will sublet enough other | Beet— far astern contracts to produce all the armor i avsadeciies avas 975910 38 plate needed for M-4 and T-7 tanks.| Good .......... Sssacasasens 3 00 Executives of the company foresaw the day when springs and bumpers would not be needed, WPB : Vealers (all weights) said, and a year ago started to|Good and choice find out what war work could be|Sopmon snd medium done in their plants. Their engi-|. o| neers studied thousands of war articles — shells, shot, plane parts, cannon and tanks — and picked armor plate as best suited to their machines and skilled labor. Furthermore, they rounded up 8 4 'y|their former competitors, distrib“Ye uted blueprints, plans, manufacturing methods and test results, and at present 15 companies have been allotted orders for a total of $25,000,000 worth of plate a month. 500 pounds down [email protected]

DRAFT EVERYONE, SHEEP AND LAMBS (25) PEPPER DEMANDS a ghee |

Medium Common

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Feeder & Stocker Cattle & Calves teers

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Choice 500- 800 pounds . [email protected] 800-1050 pounds .. 11.00212.00

sesasescesss 10.50@11 essssscecses 10.00@11

[email protected] 8.25@ 9.50

Church of Air ustry Speaks Met. Auditions I Speaks | Met Auditions Classics Nichols Vincent Lopes Nichols Family ] Double or Nothin T ver 9 : Bophle OF oul or ne Gene Autry Bulldos Drummond

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Curb Stocks

on an all-out basis, and we cannot afford to do less.” He also called for elimination of

PT, March 21 35: P.).—H Steady og Sas: LE

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Gov't Reports |The” Bartons’ 38 Aunt Jenny Meet the Band | David Harum 00 Kate Smi Industry Si eaks ' Sam r Bate Smith Cornhuskers. Shun 5 Ho en Trent Ha akers fone. Jou :45 Gal. Sunday atlor : Jivastos and Home

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[11 Cent Pt ‘es 18 [11 Cent L ndpls Pw & Lt 13% Oats—Fi 3| Ingersoll Rand. 35° white, S3%a Ae: No 0, Inland Stl ... 67%

Soybeans—Fi Dts, In. dina and Tilinols No. 2 yellow "31.63 | Inspiration PA 103

nterchem 106% FOREIGN EXCHANGE

Business. M 118% Harvester . n NEW YORK, March 21 (U, P.).—Follow- kel a ing are noon cable rates on major cur-|Int RC. Am pf. i T &-T

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Bottleneck in Shipping Feared. - but “New Methods May Solve the Problem x By ROGER BUDEOW Am THIS COUNTRY’S SHIPBUILDING. PROGRAM is|Am ‘coming in for criticism. Chief point of the snipers is that the goals are too low, that we are going to need many more ships than we are planning for. ~~ This does not mean warships. It is cargo ships, the -ones that will be needed to haul war supplies to the fronts. Railroad men are worried about - it because they fear that, just as SER EER STILTY STOCKS - the auitdle of the squeeze and take . | ‘ -the blame. War : production is gain-\ : ing fast and the : ‘ railroads are 7 : A hauling supplies to our ports. But . > there. tney pite| BUt Railroads, Industrials up, while waiting : : for ships to haui| - Show Small. Gains; them away. Thus 3 ; railroaders fear Trade Is Light. d. Loco. oh. reight cars will .& Ohio .. Ne NEW YORK? March 21 (U. P).— Op age, - reating a Stocks moved irregularly today with Apt. Roger Budrow freiont car short-| OLume light. age ros) and industrial averages . : wed small gains, while the util- } ships have rey ar pe 32 1g|1ty average made a new record low at an annual rate of two million|%® minor decline. Leaders in all tons. These and more must be re-| Sections moved narrowly, while a|Bkiva-M T placed few special issues had fluctuations|s: uns South America is having a hard|208ing to 3 points. B time finding cargo space for its| Steel shares held around the pre-|Butte supplies to this country. As a re- vious close. Motors made small|Byers pf sult copper, wool, sugar, manganese, | 8310s. Union Pacific gained a point| =. flaxseed, coffee and cocoa, all badly | 30d others of the carrier group held | Calumet gH needed ere, are pling ip on the Send 0 frm. Oli coppers, aie [5° docks at Buenos Aires, Rio de Ja- mixed. Homi ‘neiro and Havana. Rarrowly . estake Min-|Gelanese The war production board is try-| 108 featured the market in turnover|Séa & ing to help the lagging maritime aud mele 2 new low of 22% off:3(c co jon shipbuilding program ore meeting . support. by ‘diverting steel from railroads| Fajardo Sugar was down 24 |G and other industries. points at a new low of 21%. New|C One ray of hope is a contract a lows for the year were made by Ch | New Orleans shipbuilder got this several other issues, including 5 week. He promised to turn out 24 American Telephone at 117% off %, ships a month, using a revolution- and Coco Cola at 57 off %. West- g ary “assembly belt” method which inghouse Electric equaled its low at Co was not made public because it|% Off * point. ; 5 might aid the enemy. If pro- 1 Gas pf ©... 39 duction secret is given to other ; Sol Flcture eo shipyards, the coming bottleneck Som Tov Tr + 4 may be averted. : com & So ot : Co! 19 «vu HIGHER AT CHICAGO 5: THE THUNDERBOLT pursuit % { plane '(P-47) designed by Repub- CHICAGO, March 21 (U. P.).— lic Aviation Corp., will be turned |Grain futures developed a firmer Son . out by other aircraft manufac- [trend on the board of trade today. turers also, at the Sovernmeny's Wheat closed % cent a bushel request. higher; corn up % to %; oats up . This is a duplication of Boeing's | to %; rye up % to %; and soy- & experience with its famed flying |beans up % to 1%. : fortress which was so successful | Trading was scattered and dull, that the .government asked Boe- (with little interest shown by either ing to release the designs So (commission houses or professional other concerns could make flying |traders. After opening narrowly fortresses also. irregular, futures advanced frac- eu i 5 8 8 8 tionally to stronger technical po- g + 17 1832 1 «++ |Reyn Met SOME. PERSONS have made a|sitions after yesterday’s losses. , js ‘4. |Reyn Tob neat profit by knowing, or suspect-| The wheat pit was quiet and there Cutier-Ham ~.. 13% ing, in advance that an agreement|was no evidence of the pressure in =D was to be made between the city of|rye or soybean futures that weak-|Davison pt 10874 . Indianapolis .and the Indianapolis|ened the market earlier in the week.| Deere & Co ... 21 21 § A ok 13% Gas Co., according to reports. Some buying of wheat futures ap- Deere Rd Ree. I a There was quite a bit of buying|peared to’ be against sales in out- Bet “Edison of the gas company bonds in the few |side markets. Dev &5 R A 1 weeks before the deal was an-| There was little in the news to|Dixie-Voriex A. 33% nounced. These bonds, listed on the influence traders. The senate ap- Douglas Aire 88% acts Je New York Curb Exchange, went up propriations committee still has set :" tan’ Palb around $200. no date for hearings on the agri-|gast Alr Lines 18 ne Man's ss = culture bill which contains a rider East Kodak - 18% 118% Revival Hour Manha tan Wa falter Wine ODDS AND ENDS: Purdue says|'0 Prevent sale of government. |g “auton Be mY 5 Eo] Bow |Ameroanapum |ERaq Righ : 3 owned commodities below parity 16re yg Lee : iste is ho need 10 le ere levels, and grain men believed a % % | Square D : 4 "| WASHINGTON, March 21 (U./Co Take It Leave It | Bert Bry Shh our of Sharm i as other states have been chosen by reaction mere favorable to Presi- A P.).—Senator Claude Pepper MD Good ERR 70d Xm tolling. |: Hove gRoot the government.’ . Holland's [dent Roosevelt's stand against the; Fla), outspoken pre-war interven- | Medi Hermit's Cave | Concert Rhythms tulip beds are being torn -out to|Fider was developing, tionist, today demanded conscrip- i, Sunny Dunham | Bonds plant potatoes and’ grain. . . . OPA RANGE tion of every man, woman and . Aree Sirens Yos mie Ea is keeping an eye on prices Of Wheat— Prev. ; “ asterwo! ep Fie usic You Wan Bs BE oh iseler. " . . Brush Orn High Low Close Eig 4 child in the United States so the CHIC AGO LI LIVESTOCK Masterworks Roehe Fields Music You Want bristles will come from American | May. $1.35% $1.26%; $1.25% $1 38%, 31.28 4 entire. nation will be engaged in Hogs__300, Not enaugh good and choy Dick Rogers dnight_Serenads | Varieties—News hogs now, even though they are|July.. 128 128% 121% 13 fi BY, Hit, Firestone pf A all-out war.” tog: oF. to fest the market: "quotable 9 ign Of Sian Of Yarieties Follansbee Stl . , " : ilent News—Sign Of SHOFLo® Jpant fhose (once jmperted i Fao Tied 1a coll 8iI cv K; - 34 — {il8wift & Co ... 22 He said in an interview that he|j 0 1b Er I os oT er Silent Slens x from China, Russia and India. . . . ancisco Yeux : a Suit ff #2. B : ed appl the draft principle|$13.65. A New Jersey.company has found Mar. .34% 843 8% 84% a ALT s| {avored app. ye as se Gotile—100. Calves—None. For the week: MONDAY PROGRAMS “se » 7 o o “ 8 some’ vegetable oil substitutes that| ~~ CT C0 CT Gar Wood °F : "| Texas co... 33% o|to everyone, saying that “ea and yearlings strong fo 33 cent : leather/tanners Sn use jnsyead 3 Bept 91% 91% 91% 91% | Gen we new D Ax... should. have his Sefilie place ER cents’ gir; ‘catier and. beet WIBC 1070 JRE 1430 sperm e oll anc Secon a Gen Cable A '. i F.3 where he can e utmost | {CoC off 28 cents; vealers firm; | “530 Early BI Cornhuskers Dawn Patrol which ar ale. ore 2 - Sa on ak iy : Gen Foods .. 3 oth ent Fox. 8 8 *': |value to the war program.” Big A £350, nou “season 8:45 Earl Early io cn ne Bebss.—Troley Tm BE oy the fact that it takes ge SL BU 54% Sh Gen G&E A 0 | Twin ORT of “I know this idea may Seon sified, ot Jor "ing week: ted, wooled | 7: 718 Early gr Jou Name If Rusa " glock ‘ from three to five years for a horse yy . 71% 78% 71% .78%b ‘77% | Gen harsh at the present time,” he up°10 to 18 cents; ghoice SE-Ib’ fed woole 7:48 News |Z name oi | Musical Clock to be old enough for heavy Work, = go gy gon 1% 80% Gen ? added, “but it will bring the war toga", (°FFe8 3°53: LR. SWS HU Moria Totty | Herne Eh and the present horse population is SL... 0% aa fi 81% . |Gen an end much more quickly. We 138 Mrs Farrell not big enough to replace many “CL LL7 issn Sor > R are fighting against forces who are OTHER LIVESTOCK 45 Stories trucks or tractors. oodric LOCAL ISSUES Somtiral rh an 1ocal | OCt 188% 5 an 1 84 i or 30, 3S % hls 8 High Close Change | “fifth columnists and rumor mongunit of National Association © securities Lard— ’ t W-Sug } 1 (450 Sup . 5 ers.” Dealers. : Miz 113% res m Cyan . 31% 31% + ‘% Stocks : Bly Ask| Mar. ; ‘ os : v reyvh 5% - pf. 10% 10% .... |4Am . 18. May. 13, ; ; : , tt Am Lt&Tr 8, — nce Co May. 1382 in na pu ; Guant Sug pf. al 64 Am 2 K he DIM JERSEY SHORE SRE Dt ed 12. ¥ Gu M&Oh pf. 26 Am neo 5" 4) 5 Si oh LAFAYETTE, Ind., March 21 (U, P.).— a Asked. bBid. sNew. : A as A 3. oH “2 ILIGHTS FOR DURATION ws Bor Da Tsas: CE iS Tod 13.30; | 12: Hall Print .... 9% % «se JAH C PFish.... 3% 3 3 : 26:38 Ibs. '[email protected]: pigs, $13.50 | 12: Eilers Futbes LOCAL GRAIN ere By " 57 x: ar i Tae X ATLANTIC CITY, N. J. March| Sw Sue, Ut "Calves. #14 48 | Sircle pom CASH : ad t of ET ——— nkie Parrish Wayne * oid : y olland Fur. 17% vas rp... 9% 9 21 (U. P.).~The entire coas ais : Foie Fe 7a .....-100 Wes ail 10eints, 4 sare; Noid | Homestafe MH, fe ] &S. Be 8 New Jersey was “dimmed out” 10| TU, S. STATEMENT te’ in a {armony oh Gad ort ZL herd, $LIT5Q 110%; No-‘4| Hud Bay Mas fs | t4| Carrier _Corp 36 5% miles deep last night, and will stay| w March 31 (U. P.).—Goy- |r: oman 1 pn Editor's bau 41 cars: No. "i el- 4 : i! w 3% dimmed for the duration, to elimi-|® al oh 05] 398 Ravi Bfecime |Buy Bonds Today |Maw Per low; f nate glare that might silhouette and | comma Jane | 3 ! Time ER iy . betray allied ships to axis subma- fs 991,543.40 rines 300 miles at sea. X 3 satan

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te at Three B Wife Bree at olla eis Electric signs in this famous re-|Net Lo? 1s. stds 3 Hse Bonds Today | Wome ones sort city were ‘turned off and all Sa a82.074 13 in 18 ~, girl x waterfront lights shielded Debt. 62.010,045.187.08 48.628.918.960.56 Ev BE i 3 .

The dim-out was enforced by the NON HOUAR threat of a $200 fine or 90 days in : ; eh - WLW SATURDAY PROGRAVS

jail. Leonard Dreyfuss, state director ‘of civilian defense, warned hat, 11 Ugg Was HO Pe ene cusitnts.. : IP army and navy would declare the ceenes cissceene 34,151,000 coast & war zone and enforce a total | PM denis nbas Aamir es snawine ones 89,748,000

blackout. TEXAS C0. PROFITS BUSINESS AT A. GLANCE] ' ABOVE 51 MILLION

BY UNITED eHlss NEW YORK, March 20 (U. B).—| = The Texas Co. in 1041 had net earn- | ¥: ings. of $51,874,681, or $4.77 per| &: share, compared with $31,547,662, or $2.90 per share in 1940, the annual statement disclosed today. 1880 | President W. 8. S. Rodgers called i¢ |

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