Indianapolis Times, Indianapolis, Marion County, 9 May 1942 — Page 9

SINE

Indianapolis Escapes Employment 4 From Civilian Goods Curbs i Gor

Loss

————— By ROGER BUDROW

INDIANAPOLIS IS ONE OF THE FEW major cities A in civilian goods manufactur-|Am Ing is more than offset by war manufacturing.

in Indiana where curtailment

From the middle of March to the middle of April fac- An

tory employment throughout

according to the U. S. employment service. Indianapolis employment, however,

per cent decline.

the state declined about 4400,

up that amount, 1.2 per cent.

Loss of the Far East rubber plantations to the Japs had its effect in . the rubber products plants of this state, reducing employment nearly 9% in the last month, the hard-est-hit industry of all. Production cuts in radios and and sewing machines hurt the wood cabinet makers and the leather, non-fer-rous metals and lumber firms suf-

LOCAL MARKET ON HOGS UNEVEN

Advances Range From 20 To 45 Cents; Top Price Is $14.25.

The hog market at the Indianapolis stockyards today was a very

This is a 1.2; went |4

BBB BBDHY dt SEE

FINAL NEW YORK 3700S

3bisoss

Sas Aan A Bat Aaa at Pa fas a »

Pp - \ddresso raph . Af; Rede P

High Low me fe Lab 2, 108% ms Ex] bi 5%

10% 32Y2

\rmour Arm \rmour jrmsizon

oolen pf. 61

Poi ii 3f g C Ck.. 43/4

Inv pt ...

tchison

[TS ERR

las LA

tehison p of. 1 Refining ee

or .

i Net Close Change

2,888

I. A QO 1:

4 | Today Yesterday sesssssetsese Week Ago sesssssncence Month Age Year Ago

sesssavrcnas .

(nt

tess

Month Ago resi Year Ago

DIE FE CEs Pees sue

Today ........ Yesterday Week Ago .

evsesssnssece

2 =

on DID FREE ©

PEE HEE HL

Sales (In 100s) High Woolworth .. 60 221% Gen Motors... 47 34% Soé Vae -eeee 46 Tig U 8 Steel ... 47% 57% 415 243% 5% 93% 19% 7-32 634 343% 213% 113

RES ey es

& SHRSS

DUA] Lb

aa :

Std ON J .. 24 Std O Ind .. 24

By UNITED PRESS

DOW-JONES STOCK AVERAGES

30 INDUSTRIALS teesecsecencascsncesss 98.70

sree

esses

Low 22 34% 6% 467 363 4 231% 5% 9g 183% 3-16 6% 34 21 111g

.« 117.54 High, 1942, 114.22; Low, 92.92. High, 1941, 133.59; Low, 106.34. 20 RAILROADS

“ess sssasesrentnntanes

\POL

+0.79 | Bu +0.14 +0.61 —0.29 +1.08

97.91 96.44 99.45

24.52 24.66 24.67

"High, 1941, 50.88; Low, 24.25. 15 UTILITIES

11.72

High, 1941, 20.65; Low, 13.51

15 MOST ACTIVE STOCKS

Net Close Change 221¢ 34% is 467 561s 4 23% ... 514 .... 91s 19 3-16 634 34 213% 1114

+ 3%

% 1s

Std Oil Oh Starrett L S.. Ster]l Prod Stone & Web... 4 Bude

Net High Low Close Change

. 22 Hi

09 td £000 G4 14 G3 59 ~300 od 1b 44 BI Ft

a several RR FE

.e . PE COCIDI tis

baker .. 4 jun Oil ot A. 119% unshine sey uper iit & wift Intl

LT .. 4% Pac .. 10% JR . Ba Oil .. 8% Ax ... 28%; . 33% ir 9 . 10% [3

Und Ell Fish

-— 18% A

22 ts T gs —3-32 vy,

J CC

Stet lH HLH

FEE + +] Fras meses

PH +

I+: 0 +++:

STEEL DELAYS SHIP PROGRAM

Newport News Firm Not Working at Full . Capacity.

NEWPORT NEWS, Va., May 9 (U. P,).—Officials of the Newport News Shipbuilding & Drydock Co. and navy department representatives said today that shortages of materials were holding up the production of ships. Rear Admiral Ormand L. Cox, naval supervisor of shipbuilding at the yard, said flatly that the short age of ships was due to a shortage of steel. “We've got efficiency here at Newport News,” he said. “This shipyard has never had enough material on hand to fabricate more than half the hulls it could turn out. But there has been a shortage of ma-

ig |chinery for ships, too., It would do

no good to have lots of empty hulls

% lying around with no machinery.” 4

Shifts Not Filled

To show how shortages were affecting the shipyard, Admiral Cox cited the fact that the night shift

"ON THE

JOE LOUIS and the man he defeated to win the world’s heavyweight boxing title, Jim Braddock, will be interviewed on “The Show of Yesterday and Today” at 1:30 p. m.

gram to its list. It's “Navy Person-

alities,” written by Chet Long, yeoman secon class, a series which: includes sketches of personalities in the U. S. navy. The program will be broadcast at 6:45 p. m, tomorrow. Jayne Cozzens, who last week began a series of guest appearances with the Monday night ‘“Contented” program,- yesterday was married to Kelly Dalton, radio baritone,

miss Cozzens

tomorrow on WISH. , , .| WIBC has added a new navy pro-|-

RADIO.

TOMORROW 2:00—N. Y. Symphony, WFBM. 4:00—~Family Hour, WFBM. 6:00—Jack Benny, WIRE.

9:00—Take It or Leave It, WFBM.

. . . Nadine Conner will be back with the “Pause That Refreshes” program again tomorrow. The popular soprano will be guest on the show at 3:30 p. m. on WFBM. . .»Sammy Kaye is this week's “Bandwagon” guest on WIRE at 6:30 p. m. tomorrow. ” os 8 ¥ THE NBC SUMMER symphony returns to its regular Saturday spot tonight at 8 o'clock on WISH with Izler Solomon on the podium. . . .

The war activity of the Russian women will be dramatized with ace companying narration by Deems Taylor on the “Family Hour” tomorrow on WFBM at 4 p. m.

THIS EVENING

(The Indianapolis Times is not responsible fo couran Progra; nouncements cuted by station changes after a Ry % ine: in mie

WFBM 1260 (CES)

:00 String Quartet :15 String Quartet String Quartet :45 Derby Preview

:00 Constance Worth | Serenade i, Business

WIBC 1070 (Mutual) Baseba Base a Base ha Baseba

Fey =]

NBO-Red)

Doctors At Work do Time

1310 (Blue Network)

Jimmy Dorsey y Dorsey fim Hampton Lionel Hampton

Dinner Music Hower 8how

ky Dreier

Golden Melody Sear Parade

Sportpman's Hour Bert Wilson ! MacArthur Week MacArthur Week Tropical Moods Inside Sports

They Like Music Calif. Melody

Z| was one-third as large as the day shift, while the graveyard shift was 5|a little more than ‘one-half as large|. as the night shift. He added, however, that the situation was improving somewhat, and

Melody Bells Dick Reed ’

MacArthur Week MacArthur Week Basonology Ralph ox

Abie’s irish Able’ s rish

Sales on the “big board” were 208,000 shares against 155,910 last Saturday. On the Curb exchange sales were 28475 shares against 33,007 last Saturday.

Union B&P Union Carb ... 6 Un Oil Cal ... Un Face 701%

Un Pac pf 781% United ,Alrcrat 3

3 Gilbert Forbes

MacArthur Week MacArthur Week World News 5 Modern Music

Guy Lombardo Lomb

uneven one, the agriculture marketing administration reported. The bulk of the hogs weighing

between 160 and 400 pounds sold 20 to 25 cents higher than yesterday

Roger Budrow fered also. Cities showing the biggest percentage loss in employment were Huntington, Michigan City, Evansville, Goshen and Kokomo.

Score Board This : 18 War s War

- iH + HAE

[| ++++ —

Dare hid

Green Hornet

Rose Green et

Rose

Sak

. Oct. .

Because factories with war orders are working more than one shift, payrolls for the state increased, although employment decreased. Payrolls rose $115,000 or about 0.9%.

# J » RATIONING OF railroad travel ‘fs coming closer. The war pro“duction board ‘wants it. Office of defense transportation is considering discouraging vacation travel, cutting out excursions and duplicating runs and converting luxury cars to coaches. Freight rationing may soon follow.

” FJ ” ODDS AND. ENDS. Brazil complains she is getting less steel from U. S. than Argentina and Chile who aren't going the whole way on our anti-axis scrap. , . . Cuba’s sugar, rum and pineapple trade is booming. . . . An optical firm is building a field unit to repair soldiers’ glasses at the front. . . . That R. A. F. raid on Luebeck was to get the Bosch Magneto factory making fuel injectors for diesel and plane motors. . . . Roll-backs in wholesale prices of steel, pork, cotton, rayon and woolen goods are expected because of OPA retail price squeeze. «.. The WPB is looking at a gadget which would shut off -householder’s|¢ electricity, if rationing on that is needed.

SOYBEAN. FUTURES LEAD GRAIN MARKET

CHICAGO, May 9 (U. P.).—Grain futures closed irregular on the hoard of trade today, but soybeans remained firm.

Wheat was off % to up % cent|

& bushel; corn off 3% to up %4, oats unchanged to off 1%; rye off % to up %, and soybeans up % to 1%.

RANGE Wheat—

n h Low May. si 550s La 1.21 July. bras faa fal 4 ‘ Sept.. 1 27% 1.27% 1.267 Dec.. 04. 1304 138% 1 hg May.. .86% .87 July.. .89% 893, Sept... 91% 917% Dec... 94% .94% Ole May.. TVs giv. ve Sas Sept 562

¥ ale i Bev

1.27%

1.271, 1.30%

86% 80% Sls 94Y

86% 86

86% 89% .89i

37% 57 56} .56

S57%a Ya 5 56% 66%

.563b .56%2b Bye— May. a5 J15% en .18Y4b Dhue ! 81s 81Y, 847%b 1.847%a 1.83% 1.857%b 1 21% ho TE 181 15

conse p10 12.82 2.82b 12.82 12.82b 12.82 z New.

1.85% i" 1.82%

Yass xJuly 1.86% 1.81%

Vee sere vinee

uly... a Asked. bBid. x Old.

LOCAL GRAIN

CASH 1. NTT IW BY: at NT 1505; 16: 0. I Fo. 1 os we 15@1. 16: No. 2 hard, $1.14@

ly; Auecelpte 50 cars; No. 2 yellow, 771% @179%c; iia ic 13 yellow; mixed

Oat ady,; Receipts, 12 cars; No. wile 35@56¢; No. 2 red, 3% ae. Soy s—Firm: Receip dt ana and "Htinols No. 2 yeliow, 1 78@ 1.19

WAGON WHEAT

ow 9 the close of the Chicago Market dianap: lis flour mills and fai

rades on their merits), in yellow shelled corn was 8lc buihel and No. 2 white Shelled corn, ol mice oats, 50c and No. 2 red

U. S. STATEMENT

WASHING’ GTON. 5 May 9 (U. P.).—Government expens and receipts for the surtent Jgeal year through y 7, comPo 058.1 ee 12 $10, a 026.508. 508.99 penses ,493.00 4,853, 1674 4,110.39 Jar Sra It 6,085, 122.774.19

4,342,870,534.80 2,3 4, 350, 312.07 1,678,111,637.96 | 26 53,872,681,462.71 22,525,262,561.43 | 1 INDIANAPOLIS EEG HOUSE Today pigs

Clearings ssvssves iano ney .$ 4, Seseny 13,0 Depifs "This Week

rh samo

LOCAL PRODUCE

Heavy Yi ng deus, full-feathered, 19¢;

: peed ade

RE. EE

oat lbs. and up,

grades Smal ‘No.. 2 v9

whee Bs Bal:

oy oredr or

OTHER LIVESTOCK

YETTE, Ind. May 9 (Ce Fab Tice 36s higher 160-200 1 .50; Ya 00-350 Ibs., $13.78¢ ; 280°

$13. 0@13. 90; pigs, down; roughs, § Bats 50; lambs, $12@13. ———————————————

- | Cho

mon .. 500- 900 pounds ...... FR

2 market on good and

light st Ry He stzers

but some sold as much as 45 cents higher. The top was $14.25 but the bulk sold from $14.10 down. Receipts included 175 cattle, 50 calves and 2000 hogs.

HOGS (2000)

13.25@14.

nan Ran 50 reves 13956 14.05 : [email protected]

Medium— , 160- 220 pounds [email protected] Packing Sows Good and Choice— 270- 300 d

300- 330 330- 360 Good— 360- 400

13.75 13.70 13.70

13.65@ pounds .... 13.60 pounds 13.60

pounds pounds pounds 250- U500 pounds Slaughter Pigs Medium and Good— 90- 120 pounds CATTLE (175)

Slaughter Cattle & Calves Steers

. [email protected] . [email protected]

[email protected]

Choice— 750- 900 pounds ..... . 900-1100 pounds . 1100-1300 pounds 1300-1300 pounds 0

14.50 14.25 14.25 [email protected] | © [email protected] [email protected] [email protected]

sssssee. [email protected] .. [email protected]

[email protected] Heifers & Mixed

[email protected]

15.50 15.50

estes secssene sessecssences EERE RRR see sven

Med 750=- 100 pounds 1100-1300 pounds eresve

30-1100 pounds Steers, Choice— 500- 750 pounds

Good— 500- 750 pounds Heifers

Choice a: 900 pounds

780: 90 "900 Pounds ..c.ecseeee. [email protected] um

am 00 pounds ......eeecs.v.

Cows (all weights) Good Medium Cutter and common nner Bulls (all weights) (Yearlings excluded) saves sisersenievraees 10.00020.75 Rausage— Good 0010.80

CALVES (50) Vealers (all weights)

A Good and choice

Sommon and medium

Feeder & Stocker © Cattle & Calves

1.30% | Cull

500 300 Pounds ...coeeeesss. [email protected] Good-~ 500- 800 pounds . 800-1050 pounds ..

300-1000 DOUDAS veveeesseeses [email protected] Com [email protected]

Calves (Steers) Good and Choice— 500 pounds down edium— 500 pounds down Calves (heifers) Good and Choice— 300 pounds down [email protected] edium— 500 pounds down [email protected] SHEEP AND LAMBS (0)

Lambs

Good and choice .. Meditm and good . Common

[email protected] [email protected]

Ewes (shorn) Good and choice ........... . Common and medium ..... oo Shorn Lambs Good and choice ............ 12.25 Medium and good ...... eenes 11.25

13. 2 12.2

Hogs—Receipts, 100; choice hogs because of meager fresh arrivals; undertone steady on all classes; quotable top, $14.10. For ihe week: Net changes negligible; high top. $14.15; 180-320-1b. averages brought as much as $14.10; sows topped at $1 gas. Cattle—Receipts, 100; calves none. the week: Fed steers closed mostly 25 cone higher; heifers and cows held 2|vealers brought $15.50 down; c prime steers i id at $16.50; averageT | choice long Jesriing s anid yearling Re st or aso, Ib opi 8° at 414; eers over 5. topped a 3 best for heifers was $ P ts, 500. 30 the week: Fed gained 75¢c to $1; fat pAb around 5c, but fed woolskins lost 10c to 35c. Week's top on choice woolskins, $15.20; wool fat ewes sold for as much 3s $8.50,

OTHER LIVESTOCK

piteen conts higher So0nio Toe arr sD: 90; cents ’ 200-220 1bs. $13.85; 5: 23

100-180 Ibs. $1575, $340-360 he. 813.09 85: - ; - 5. 260-280 1bs.,

$13. 80; 280-300 1bs., $13.75; 300-3 Ibe. ] Ie 150-1 1bs., 3 130-140 1bs., $13

1 . as: 25; 100-139 1bs., $12.75. Roughs, $13. 25: lambs, $14; nes

strictly nominal

ags, $11.50; calves, ambs, $10. 50@12. 50.

GENERAL MOTORS GETS BANK CREDIT

NEW YORK, May 9 (U, P).— General Motors Corp. has arranged for a $150,000,000 line of bank credit

capital which may be needed as a|J result of the company’s conversion

learned today. The move, which follows similar action by several other larger corporations, is necessitated by the fact that the turnover of inven-

much slower rate as compared with normal automobile production,

|thereby requiring the company to {use stantial part of its w

. [email protected] £ 13.5

[email protected]| §

[email protected] be

15.50 ¢

on [email protected] Go

800-1050 pDOUNAS .ccoesvoeeces [email protected]|

sescenes 11 35312.38 esceeses [email protected] | 5

CHICAGO LIVESTOCK [&

J at low interest rates to provide

tories for war production is at a Lely

0|Callahan Zinc . Calumet & H .

0|Canada Dry ... 5|/Can Pacific

Carpenter Stl. . Case J I

6 Case J.1-pf 30% Celanese ...... 16 Gaterpiiap T 33 anese 1 Celotex Bp 13%

Cent Viol A .pt 9 : + Cerro de Pasco 30% Centain-td 6 pf 27

oca-Cola Colgate oie Col Col 0 A Colum Gas

B= I

vTr .... Solvents... h & 8o.. h & So pf om Edison Cons Aircraft. Cons Cigar .... Cons S¥permin Cons Edison

-3

COB htt pt DD

BIC =I

ison pf.

Crane Co cesesecesess [email protected] (Crosley Corp ... Crown Cork ... Crows Zeller on ucible ve 500- 300 POUNAS .eesesseseess [email protected]| Guba RR Pf...

[email protected] g

Curtiss-Wr A..

Cutler-Ham .... 13%

5% 19%, 7% 3% 1

Decca Rec Inc Deere & Co ... Del & Hud . D Lac & W Dev & RA .... 1 ‘Diam Match .. Diam M pf .. Dist Se: Doehler Dome Mines ... Douglas Are . Dow Chem ce Du Pon Duques. L pf. 11804

East Air ines 1% t R Mill ... 2%

Fair The ... Fair Morse .... 30 Fajardo Su . 21% Fed Lt & a Firestone pf A. Flintkote Follans St cvpf 33% Food Mach 28 Freept-Sulphur 28%

Gair Robt

1 $5 of .. imbel Bros eo imbel pf oebel oodr oodye otham "Hos

raham-Paige. Tahd Union ..

ecker Pr Hook ar

& Man pi Hudson Motor. . Hupp Motor ..

11 Central L. L 38 d Rayon .... +; | Inspiration Cop 9 nsshs cts Ma 5

BEoESsESEEIES

& Lgl

to an all-out war basis, it was|mon

Kress Erosor G&B .

ieee 13% Ho He Toy Class +. Bh lige & 5 san Lig Carb

La Li re G pf n

ma wl hol 1 ous 01%

ones&Lgh pt A san 54%

LEE CeEeesTe

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. oe Pb pd pt a ti wT DO INI DD

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Pac Coast Dag Coast 2 of. ¢c G & El.

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BOQ 44 CO UN mT be CN $e

oe] Am Airw aramy Plc: © f..1051 Parke Davis". ws 25 rf. 14%

Park Utah 3s Penn 8 ia

B . 21 19%

- FESR

PAE OUT OBI > hy

al 40 Dodge... 25 3, .. 8114 33% Stil pt. 23% tts & Wa. 3 Sostal Tel ‘Bf. 14 boo si cbf: R28 os G.. $55

pam ou He

sseesssne

2% 47%

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Net High Low Close Change

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1:0 1 4++4:

High an B ...

Am £ 290% Am Lt & Tr .. 98% Ark N Gas A .13-16 Ashland Oil 4 Bald ote wis. Braz T L&P . Brocze Corp .. Brewster Aero.. NEP p

CF hhh

FSS

Co I

“ 8 No oe Lake Sh we %

h C & N. St é ET 2%

Mid SPET Avie Mont Ward A. Nat Fuel G ..

Okla N Gas Vs Pantepec O Ven 3» Pennroad Penn Cent Air. au 3 nix Sec Pitts Plate_.... 61 Selected pa . a Siueer Mig

Std Oil Oh pf. 108 Std Sol » i

Un acne gt 18 Wright ¥ .e

FH HH se Ra

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FRESE SES

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Benda ©

Low

29 9% Ya

4 2% 6% TY

> wo FESF BF

FS SS

BOUIN ICID 004 IO

Curb Stocks

Net Close Change 20% + % 9% + % 13.14 +1-16

+ '%

Phi baat oH

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warabalonBBaBn a0

FEE SS

& 0-3

SF 2 bral He 4H

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High Low

Net Close Change — §

. .

+] [++ + + .

Lid: 14+ +

. pe

1 i 3 1 B! vee 13

| Js ". w a8

nited Corp . 9-32

nited Cp pf. 14%

Un . United Fruit .. 5 Un Gas Imp i

> AAA AAAL LS

+ Es

Un Dyewood pf 38 Bod pag

3 . 43%

on M & M y's Dist pt 5%

de a Brea ale 1 33 Univ Leaf T.. 42%

I» +: rite sleet

Vanadium

cH HE ELLE HE

Shi:

/hite Sew M rillys Sverind 7illys O p : /ilson & Ro’ .

SSSSSSS

ots

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Yellow Tr

Young She; Young Stl Dr ..

i13% 13% 32

. 32 ™ T%

++] |

Zenith Rad 11% nite 134

If you can manufacture any of these materials, contact the war production board, 10th floor; Circle Tower building, Indianapolis. Asterisk indicates plans and specifications are on file there.

BIDS WANTED

ARMY MISCELLANEOUS Invitation Number 1973-S2—Paper, teletype . 1974-BS|--Sheeting; cotton, unbleached;

Item

1975-DS1—Cloths, wiping; cotton; new 13 1976-RS3—Fire-extinguishing liquid; car- ~ bon tetrachloride base 1 26039-SP6—sSoftwood lumber; yellow pine; air-dried 26055-SP5—Needles, sewing, d, sharps, assorted sizes, 25 needles to paper, 144 papers per gross Veterans “Ads, (fndpis.) 42-195—Sutures, ut, 5-foot length (in tube), boila le, plain, medium chromic catgut 1 42-196—Beef, full rib, fresh chilled, short-loin, full-loin, beef chuck, 1amb, backs, lamb legs, fresh, Shitled, loins, fresh, chilled,

southern 1

. 2157 ay products; ter ig butter. .

Army Miscellaneous

6230—Circular saws, band saws, seat cutters, boiler punches, brushes, chippers’ goggles, anodes, metal polish an floor wax 18 6234—1 Switchboard, 4-panel, complete; 2 motor starting compensators M-430—Power sewing machine; type x power sewing machine; type A... -439—Fan, disc type; shall have a capacit not less than 18,400 cubic fee air per minute free delivery M-442—Spring tooth harrow (tractor); ns SE der X-280—B

key

ventilating propeller or 0

Smoking for the steam pert oiginning July S04 and Did besin 30. 1943... 27 Veterans Admn. (Washington, D. C.) The following purchases have been authorized to be negotiated contracts except as noted. Quantity sheets may be inspected at Indianapolis office, war production board, 10th floor, Circle tower.

Contac: 1 Quartermaster Depot, Jeftersonvill

Directive a5: {32 —Duck, cottol FM (42)—1130 ea. bags, laundry, small,

for the surgeon g ae ~Crofglel, no mountain and ski; untain, polaroid ose single "aperture goggles,

. a 44, 46 ts, pistol or revolver. )—Misc: parts for sa

an J-G-183 (19-16-RS 1 and army

field Le ovens, No. 1 ranges. Contact Commanding Officer, Jefferson | i; Proving Ground, Jeffersonville, Ind. CA-42-476—Misc. builders’ hardware, priority rating A-1-j. Contact Quartermaster Depot, Philadelphia, Pa.

clu Ss a rank, officers’ in with eaeny Tn

). pod oa H9—35700 yds. duck, grey, 44”

Ha crater Depot, Chicago, Il. C-C-33 (42)—50,000 prs. mittens, asbestos.

Contact Quartermaster Depot, Jersey City,

DAA-490-33-GS paper, toile Contact Quartermaster Depot, Atlanta, Ga. A-as-61 (14-16-RS)—Misc. hardware. EE Depot, Washington, W-10-OL (16)—Extractors, marking machines, tumblers, dry. . Contact Shit, WR eers, War Department, Washin . C.

Req. No. O. og mp rupgon, nit. i capacity water, gasolin dl No. 1001 addensium ge April 4, 1942, | eac. te of issue, April 29. Contact Veterans Administration, W. hg raids Drive dianapolis Proposals for the furn

t (DA-Br) — 640,000 rolls

and 26th St., In of bituminous

fo ods. ant enaiby Fi 5 1045, il corporation;

Pro sal forms are So Speied at MEE facili po

FOREIGN EXCHANGE

NEW oo oh, May 9 OP) rdilowing

are Reon cable ra oubieRats: Net Chany Net re) ie

2 congressional hearing disclosed

that the yard’s payroll was twice what it was two years ago. Newspapermen visiting the yard # lunder the sponsorship of the Na-

2 tional Association of Manufacturers

saw numbers of warships under construction. Naturally the number

announced that the yard was building seven new type aircraft carriers, including Essex, laid down on April 28, 1941, Bonhomme Richard, In-

Labor Plentiful

It also was known then that four others were building ‘in the Beth-

2 |lehem yard at Quincy, Mass. —Cabot, % Bunker Hill, Oriskany and Ticon-

deroga. It moreover was recalled that a in December that two more aircraft carriers had been authorized. The Newport News yard also is

: building the cruiser Birmingham,

Mobile, Biloxi and Vicksburg. The latest capital ship it launched was the Indiana, of 35,000 tons and armed with nine 16-inch guns. Officials said labor was no problem. Recruits from farms and small towns of Virginia, the Carolinas and Georgia are constantly being trained in the yard and men who built ships in the last war and retired to farms during peace have

* treturned.

“We blow the whistles and they come down out of the hills,” R. P. Scott, assistant superintendent of the steel ‘hulls ‘division, said. **They earn twice as much as they got at home and there are twice as many of them as there were in the last war.”

STOCKS BOOSTED BY NAVAL VICTORY

NEW YORK, May 9 (U. P).—

3 Stocks advanced fractions to more

than a point in moderately active | 1 dealings today on demand attrib- |} uted to official reports that allied naval forces had inflicted heavy damage on the Japanese fleet in the southwest Pacific. The stock list moved forward briskly under lead of Chrysler, which again established a new high for the year. Late profit-taking cut into the gains only slightly and the closing tone was strong. Australian bonds were quiet but the one issue traded rose more than a point. Other sections of the bond list were narrowly mixed in dull turnover. Commodities barely moved in quiet dealings.

LOCAL ISSUES

Nominal quotations furnished by local HY of National Association of Securities

rs. : Stocks Bid Ask

Agents Finance Co Inc A ? Agents Finance Co Ix Inc ord; wee Belt RR Stk Yds 80 gi Bobba-Merriil oom Yds ora sve vers 53 obbs-Merrill Ri) Pid .o.0id 4B Circle Theater com ceaneeey wa's Comwlth Loan oo pfd cenees 92%

Hook Dru Hom % Wane 1% pfd.. 3 Ind y ied Bo 5% bi

DCAM Mk DIA »arsseees Van Camp Milk COM ..eeceees Bonds Algers Wins’'w W RR 4%s.. American an 5s 51 American

of Tnd 4869 ..22.0." En Tel 4 8s 55 . Richmond Water works 5s 57.105 Trac Term Corp 58 U 8 Machine Corp

Incorporations

Harrison County Farm Bureau Co-opera tive Association, Inc., Crandall; amend-

hares of $5 par value, and other amend-

ments. Stokely Brothers. & co, Inec., Indiana . White,

"| is; agent to Jacob 8 Merchants Bonk Bids. Indias potis Co., Missouri

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