Indianapolis Times, Indianapolis, Marion County, 14 May 1942 — Page 20

THE INDIANAPOLIS TIMES ____ = _ THURSDAY, MAY 14, 1042 NEW YORK STOCKS [TRADE TAPERS OFF |fwew price rutes | GRAIN PRIGES TURN USINESS ren orm oo | ON STOCK MARKET|| TO SE BPLANED || [OWER AT CHICAGO

: Mr. Merchant, do you. know IAGO. Mas Lt WL es 30 INDUSTRIALS uu .... | NEW YORK, May 14 (U.P).—| | the new OPA price ceiling CHIOAGO, May 14 (U. P). — Abr & Straus.. 31 — “yp |Yesterday ...cccceunuserceses 9181 =) ‘ 3:16 3.18 .. Stocks steadied today after an early| | rules? Grain futures continued a heavy ft ore 10° 1 rr HE om uck.” 48 decline led by the steels, which| | If not,"b2 at Cadle Taber-| |tone in early dealings on the board Redue 0 Bi oi sessessssenctens * HET x : s made new lows for the year. nacle tomorrow night at 8 Siirats oer while soybeans were High, 1042, 114.22; Low, 92. ky olume substa o'clock to hear Ben wis, ’ High, 1041, 133.59; Lew, nr a in Hemel hour Bil. OPA official roa Do a At the end of the first hour wheat only 56,200 shares, against 80.700 in| | explain the rules-for wholesal- | | Was Off “4 to % cent a bushel; com the corresponding period yesterday| | ers, retailers and service firms. off % to % cent; oats off % to 1 and the total to noon was only 134-| | Marion and Hancock county | |cent; Tv eon % t.-% cent, and soy600 shares, against 177300 in the| | firms are asked to send repre- | |eans off i to up % cent. A caus previous session. Dealings con-| | sentatives. tious, trading attitude prevailed in tinued small through the third hour, Mr. Lewis will outline and | [most of the markets shortly after .

Allison ‘Production Is Now Three Times What It Was in Average Month Last Year 4!

By ROGER BUDROW

THE PRODUCTION OF ALLISON ENGINES now is . three times what it was in the average month last year. Or|A2 Bfiog oi Bt it My = ipl” ret

= . . : . : |Am C , 20.01; Low, 23.72. _ you might say Allison makes more airplane engines now in|am chain & c". 16% 55 Mish 1942, B01; Low, B72.

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y . . . . . [Se Tree ~ a day than it did during all of 1939, or that it makes more in|Am Hide & L.. 3 per 15 UTILITIES The steadier tone was ascribed to| | Interpret provisions. governing | | the ‘dpehing pending further de16% A i - . ee cee®tessbonsece 10 ¥ ctual production figures are taboo because of war cen Pwr ronan ALD. cure seitaprins 1p ARE Ra on of| | Ing records, registration re- | |ate today. the past two days had run its quirements and the: procedure motors at a fast clip, the actua r 8 all oh ahs Net ond “« D, the ack | figures would really be ship . 36% Bish ~14w last Change a volume, prices in individual cases. : Receipts 3236. Shes his Ser Si ibe 18 uncomfortable for the enemy” to know. : 133 (Gent BR Be 2 : Best of all, there will be a | od a 5d ] tl ess. 17 ane : eve : ro . nga Tor cents got an to reyhound 111% AI Eo licy and Allison can do nothin : Hy policy ; hing By UNITED PRESS and Chamber .of Commerce + Ghitle Receipts, 475. Calves—Recelpt ROO Yi. Newspe 51 1R10 9is- Electric Household Utilities Cor} heif tive steady: bette d ind {ted the Allison plant here the other|. rp. wholesalers and service con- As ive’ Borin ATL ge Ty les some$1.81 a share vs. $247,320 or 64 cents common and’ medium steers 12 Anchor Hock Gl 14 Sor ow near choice light 'heife: : 13 cials learned that Armour Il pr pf 54% ...._ | Homestake Evans Products Co. and subsidi- . cows, 36 8.50 t h e production ee oasis 1 pt 8 84% 04% — ¥ Houston. Oil 2h 2 “eee aries March quarter net profit $66, Incorporations Saives steady: top, $1b: Yen Boa Top Is $14.15 Locally as|i re 8 Bu BT ili EST %|Und mI Fish... 31% 31% 475 equal to 27 cents a share vs.|, Grant Ho W, Bd st: Maxi Research Assh. {31 iS $io“down: ind’ medium, $1014} tl G&W I pf.. Y fy eas upp Motor ..15- - . i . ; # A ; i $100,337 or 4l.pents last. year. stock, ¥ Sood "Boy Ro Kelley: ye Harry I souppiv: J oa] 10D ep endy on yi no more difficul- Aviation Corp. . + : a tin I ties in manufac Sows Steady. ald Loco. ct. 907 vs. net loss $66,352 for corre=|poration Act fs sh ares Gontmon on : % | Un vos cooled motor NOW} Hog prices went up 15 cents at|Boinstan oo... rere [dnt Hyd = A. 18 ) i 48 : Ef arenRe nt increasing pita i 8: than there are in|the Indianapolis stockyards today, & pE- par value. WASHINGTON, May’ 14 u. P) nt aper cee 2 : ne - Heavy breed hens, full-feathered. 1c; T! son is keeping| Receipts included 482 cattle, 610 nt Teor ” rag nd... 3 horn hens, ew * Rom ond. Insurance agents Assocla- Expenses $25, 510, 284, 833.92 sug. ot. re. 313. lan anufacturers supplied with plane m pp calves, 5559 hogs and 1277 sheep.| 3 1 3 a No. 2 poultry 3 cents] Meyer, We Walter A. MacNary. Net Def. 15.520.057,127.07 Jarvis Co .... — oh 3 Eggs—Curren receipts, 54 *1bs. and: up, Pont de Nemours & Co., ‘Dela- 19,782.07 243 : those rumors going the rounds. HOGS (5559) -18| Jones & & Lo A 55 55 Le [ES Hubber... 13% 1 13% ... grade A CU @%c; grade ‘A small, | Hooslerland Hatcheries, Inc., Ft, Wayne; Cota Res 32,105,083, i85.14 33.530, Svs 36 Although he declined to tell all to Choice— Re 9% Steel... 46% 45 48 a ap LS Toke LER 3 48 ls A | 2 C0. GON} INDIANAPOLIS CLEARING HOUSE Stk "15-16 rs and Jderchants Trust Co., 'Li-}Clearings ........ 34d ene Currie vans $ Debits : the Rolls-Royce motor instead of Ysrsatarnaey 3 . : Vor Kresge S85 - om 14 : i of. airs the Allison in its new “Warhawk” sesssseseenes 14. ler Bros pf. a Kroger G & B. _ Og Ae 373

"a month now than in all of 1940. Am Loc we 67% 72 | Yesterday .....cecconereeees 11.58 modest amounts of short covering,| | Price ceilings for commodities; | velopments: on the farm bill which ¥ EC . . ae . Fes 1 ._sorship but instead of “giving comfort to the enemy,” it Gi 4 4 4 Een 10in 14.98; Low, 1058. 2 — course. The improvement, however,| | for seeking adjustments -or | | OTHER LIVESTOCK Hotel St. George Corp. (Brooklyn) Beshore. $s Higid! 316: food to choice ¢ ipped lambs, nt M Ceeeve eee ug 4% 4 . 8. di t. any manufactur- lifting the top to $14.15 for good nt oe asi} Un Gag om 3 8 LOCAL PRODUCE Be a Ol apenas ang Rod i or oie . D. . 8 ot Ter dor ze 8 pide 8 oilers, is "3% lbs. Sock, te. tion, The, 5248 Hohman ave. Hammond; W. Spend 19,9 978.660.166.55 430. ‘motors on time. That word from|gjqs for sows were unchanged. 4 Johps-Max is — re «=o 2 vl 26e. ware pa amendment of “articics Good . 6% 5 the story, one Allison official said he - [email protected]| Budd Mfg ... % : Kelsey-Hayes A. SE 14, Virginian BY y pt 21 i 2%

Week AO c.coeee 11.68 and to some long buying based on and services, methods of ‘keep~ is expected to go before the sense . ! : : ’ 9% | Hi : seems to me that now that Allison is really turning out cv pt 54 / Hign, 1941, 2/05: low, 13.50. . failed to attract buyers in ay modifications of maximum 2 ye : ; question-and-answer session 80-275 However, that is a Washington BUSIN ESS AT A GLANCE after his talk. Mayor Sullivan’ : 2005400 Ine. Op ba ed ‘me officials urge all retailers, | {400. Common and medium steers 52) Has0 the fon RI [ 1 . T 1941 net income $701,665 equal to Ens to atten or | [hat dager. cows steady hi 47 so - with Allison offi- Anchor ‘Ho Hel® a Purh the year before. =! |common apd. medium heef cows, 5 : $8.50@ good. kinds Inc. arion: 22° capital | culls and that there are | Sa” x 5559 Hogs Arrive; cedwsy Lumber Co. Speedway: Civ elght clipped fat ewes, 6 months to Feb, 28 net profit $10,=1, Thies acre oTalons oF AA i turing the liquid- 100 par ‘value. TEV Wy 2 q nt sponding period preceding. year, Senate . Realty Corp., us;| Us. Si STATEMENT. Mr. Kroeger ing process. Alll- 1 5 choice 220 to 240-pounders. provisions ¥ §53 Neh for. Proll, Ack; mo varel wins lS Yar : white and Bra rock, 24¢: no capital stock; John: F. Pers, Gibson A.|Receipts . 29 57,344.846.85 Allison officials should stop some of Jones h.. 3 Ss Flywood ... 0 Slaae s—Gr. ade A large, 2T%e¢ |of ao: Te ITO Wh Kelsey. Ha i 1 i fo was glad to see Curtiss-Wright use| 1 cressnrenanee 13 3 lova W .... : Keystone Sti 12 : % | apolis. quoted . Igonier; A - because it offered some competition. 14.00@14. 3yron Jackson.

3 Laclede qe PE “We've beeing going it alone over . [email protected] Lee Rub .......

17 here on liquid-cooled motors,” he [Medium Calumet & H.. L-O-F Glas 23% 160- 220 [email protected]| C bell Wy.. 14 14 14 ‘ee iby MeN & L 4 said. “It helps to have someone ‘pounds 3we bg. rT

g & My B... 51 0 Packing Sows an Pacific.... 4 5 4 4 visio hn d Ai "26 15% te Mills . : Loe ee re else in the field.” Henry Ford is in Good 2nd Cholce— ata RE gs 8 3 30 3 | Loew's Te the field or will be shortly with a| 270- 200 pounds $13.00@13-72 | Gaternillar T.. 38% To.."*|Torihard ...011 11% 1

di Wabash pf .... 25% 25% 6% a 4.

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Waldorf Sys... Walk HG&W.. 32 3% Ward Bak pf.. 18 330 pounds 3.60 .75 | Celanese csssnes Warner Bros .. 4% liquid-cooled motor but Allison offi- 360 POUNUAS +essevsonsens 13 [email protected] ’ x van /2 cials profess to know nothing about | G30 ocd 300 pounds. ...... . [email protected] | Celotex” 0 6% 61% 7 per 30% Moker. 450- 300 Sounds *oiiuiiniin: [email protected]| Cont Foundiyll 1% 1% 1%... 2% Several aspects of the Allison were | Medium— Cone) Lent 159s y pt discussed “off-the-record” but there | 350- 500 pounds [email protected] Cert-td . 241 (Glenn) 17% Slaughter Pigs ae er was nothing new or sensational In! medium ana Good C vt 3 “eee he 16% these parts of the discussion—it had| 90- 120 po [email protected] Pheu T 13° 13° sh all been in the papers here long be- (CATTLE (482) RI&P eee snes

fore the war broke out. Slaughter Cattle & Calves 8 2 2 Choice—

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60 60 a op +B . 1 3 5Y, SVs ysler 55Y 108 8 Corp 9 Voolworth ceed 3 3 ‘a cee b pt 96 Vrigley “sess 2 -— g6% 6 66 een 8 2 2 oe {1 3 dianapolis persons who fear Alli- |; 2s [email protected] | Colgate-P- Po... 17% 5 [TEETER EE RN RJ 4a % 2 ps 10 | aes son will fold when the war is over | Good 1. 1a. 50 EAE did i 1 a iy L) 53 en ; vas Ih : 307% and leave thousands wtihout jobs, 13.18 Ce So aed J etry y re 8 5 3 Dr... "Wh 7 % was the statement by Fred Kroe- .“ 1278 Co oc 3 Zenith Rad IH u% + Y ger, Allison manager. BOUTS. rvvsbsonane nasa Com Solvents ". : 5% 5 % i.7 A ete Se? 2 He pointed out that that big, (1100-1300 pounds ............. 12561275 | Somwith & So . 7.3 6 ----,, |Nat Acme 18% 13% 13 : LOCAL ISSUES new factory represents Gemeral | 750-1100 pounds ............. [email protected] | Somwlith Edison i yy | Nat Aviation .. 6% 7 ws 7 Te Nominal quotations - furnished by local unit of National Association of Securities Dealers. Stocks Bid Ask Agents Finance Co Inc com... 7 Agents Finance Co Inc pid... x? ee Belt RR Stk Yds com .. .. 51 - a | Bobbs-Merrill com sid : Bobbs rrill

Cons Aircraft.. y Nat Biscuit .... Nat Dist ti11 su ers . certainly try hard to keep that Cons Edison pf Nat Lead ons RR Cu ‘of 750- 900 DOUNAS .......ce... [email protected]|5 : said th FOR AMATEURS ONLY trained apd hired thousands of men N Y Air Brk .. ] 1% i ances rk that the equipment is new and good Good [email protected] | $2 ee - HN. Y hs oath , oP - for highly-accurate ‘machine work. Medium 0. Tas 9% fs cio | Nori & ‘West. M1. 291 Tn = v|md Hydro Elec a S:102 GRAND a mon . Sees ’ } sesnsany wey It could be used for making some-| canner 6.00@ 7.50 |g SWE rei ? a No Amer 5% pf 427% ha a 91% $ 10% 4 | Indpls P&L c 8% co

thing elsebésides airplane motors, Bulls (al. weights) © |Curtisscwr A". a1} No Amn Avn... hE x PRIZE 14 id 24

in case there’s not much demand (Yearlings excluded) oreo Chong. . Nor A ninies "> # 10 $100.00 PRIZES | HURRY! GET YouR FILM ZES | SEVAERT 99, 1 00 $5.00 PRIZES exposure POPULAR ures

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Motors’ own money, not the gov- Steers, Heifers & Mixed Cons Cig pr pt. ot 2 1 |Nat cyl Gas 0. ’ Cholce— . ons Coppermin 43 /a N: ernment’s, and that G. M. will 300-750 Potnds [email protected] | Cons Edison . . .. = at 00d— 4 4 . 2. 25 | Cons 4 ) Ya enon a plant going with some kind of 500. 950 pounds Roan Sons BR gu of 1s ty "yy [Nat Oll Prod . manufacturing. Choice Cont Bak Goo C f 780- 900 POUNAS ...cseesees [email protected]|C . Kroeger said that Allison has|Medium rey p Us wees e . Mr g : ha 500-500 pounds ......... .. [email protected]| Cont olf per". 0 0 20’ <3 |Newport Ind '.. mmo : 8 § : 1 500- 900 d [email protected] : ED 2|N¥ Central .. T¥ with considerable technical skill and pounds @ Corn Prod 4 2 NYG aconusal .. 18 (all weights) : NY «Ye

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for them. Good [email protected] | Decca: Rec Inv. a 3 y But, he indicated, it would bel do oininennsde nannies 100001068 Det & Hud... Thi Oi i 32 foolish to permit these fine ma- $:[email protected] Jac & 8 35 sire, | SPR i af 13 chines and skilled men to remain 8006 5:00 Diam t... 8% Is & ==.-130% 19014 idle if anything at all could be| CALVES (610) ehier DC. 194 1915 19% “" os —P.

found for them to, Agi. i Vealers (all weights) Tia . :: A ¥ Good and choice . " u Blas en 3 33 i{;| Pac Cbast 5 Bn TE BL 8 8 Common and medium . vie 333 13. u Pi 3% Pac BR i ICkNTALLY, that Interna- Feeder & Stocker Cattle & Calves stoi a» Bi — a wi I tional Printing Co. plant out in Steers 1 Choice Mars Hill that Allison has leased 500- 300 pounds So $12. 25 13.50 Ea. it. EA ¥ ..... |Panhandle ... _.from the Arthur Jordan Founda- 200-1050 pounds 18.26 22 3 116 © 118 Paramt Pict x tion will not be used as a factory. | 500- 800 pounds sessvesessses 11.25 g1250 E Auto-L ... 24 233 24 Ta Parker D P..... 1 Instead it will be converted into 20.1050 pounds .eceeescecees 11.25 35 Elec B t ne 1y 1 ! Fenner Mines .. 1 “a school and living quarters for | 500-1000 pounds .....ceeecees [email protected] 31% Penn D

— P 1 the soldiers Allison is training to |500- 900 pounds ......... .... 9.25@1050|E 27. Un enn GI Sands.

nn F + 20 3%s 10 a 109 , : : : : service the Allison motor on dis- Sconaas ain (Steers) me. nis of er £ i —3 n Is Water Co 3%s 68 rvinn dl 1 Hant pattlefronts, Some 5 AF. N90, pounds down. '. [email protected] Fajardo me 2 a2 at | 20% 20% 8 m.. 5 ite... ckin gt” 100 (6 : | M 0 R 3 0 0) 0) )) S N A P S H 0 I S Ww 1 4 boys are staying at a owntown Samy ds down : [email protected] Tp. "78 13 , e Dodge. . 4 .e 50 : 9

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American Loan 8s ho Lo 9 Using Gevaert Film ‘ . Kroger's PRINTS

: : DEVELOPING INCLUDED. Clear-O-Bath Service. Get rules and Kioges's . Clear-O-Bath method

brightens prints!

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Consol Fin 5s 50 SEabb Reynolds yavior 4s Home T&T Ft Wayne 5s 86.108 108

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“hotel now. Calves (heifers)

: Fld Phen ..... 34% 33% 339 a | Phil in ge 8 — N Ind Pub se 3%sS 69..... i 108 : restone «se sve - is : 3 d Choice [ i y Ba 500 pounds down [email protected] | GiDHEOHS t vi 86 rin |B go. 2 A. Tel 4% 35 presen} 103 KROG ER S di 4 i 0} RV | K 1 ODDS AND ENDS: Corn is up|Medium Tater Sv. 163 1 Pi : 3 "% | Richmond ‘Wat Works 84 87. i 500 a ds down [email protected] | Florence Stove 2 16} 2. chmon ater Wor 2 ‘86 , glready in some southern Indiana

yl 2 | Folnsb Stl cv pf 32% .32% , Poor B ‘3 2 Trac Term Corp ] . USM Yoaymy fields. . . . This country spent nearly SHEEP AND LAMBS (1277) wy n 1 vo 8 Machine Corp 5s bi 96 132 million dollars every day last Gen

Gen Baking ven ar Good and choice 814. 2a Gen Blo

month for war purposes. . . . Argen=|Medium and good [email protected] | Gen Foods 261% ‘tina is trying to get its farmers|Common 13.00) Gen Foods pf 1124 to grow more cattle, less grain Good and choice i 50|{Gn G&E 6 cv pf 6614 (which it has had to buy as U. S.|Common and medium 4.50@ 6.50 | 5 138% government does). . . . Square D Shorn Lambs G | Co. has devised an air-speedometer | 520%, 5" 3nd" 200d 3081350 5 fe “which registers up to 700 miles an — 38 1 = BIE hour. . . . International Paper Co.| CHIC AGO LIVESTOCK : i vas disputes’ claim of some government Hogs—Receipts, 8500. Hogs active and § war agencies that there is a paperjto 1 Sents | h Sher if than o Jesterdays 3 avers ~ ghortage. adds there is a surplus on choice "180-330 Ibs, $13.90, 3.9014. 10; fost 160hand now. . . . Allan S. Lehman, |}80-Io. averages $13 65@14; good 400-350-partner in the New York investment Satie ceipts, 4500. Calves—Receipts,

Active trade on all Sia sses of cat! io:

“firm of Lehmah Bros, has been|steer market developing

strong to elected a director of Studebaker. saies, $10.860 chins CG On on Everything a a % 4 b «/ 2 high d good DAILY PRICE INDEX [$s Pa sa © to Shade Ls r, Diamonds, Se NEW YORK, May 14 (U. P.).— (Practical top hes $18.68? Vecters ste Musical Instrumeafs, Cameras, Dun & Bradstreet’s daily weighted a .~ Late yesterda; : index 6f 30 basic commodities, | Aibice aes. fod wool Jats, S1E.85- i ble Clothing, Shotguns, Ete.

choice 105-1b. ool lambs, $1 five

piled for Vriled Press (1930-32 i Roles. to-1n. "clippers. AR with Quest Loan The C wl IC Adal, JEWELRY ‘average equals : -1b. weights a 2.50 L co, Ine. Yesterday ....cc.occceeeesce. 157.46 ine sales: fed wool ‘and "Hoth. inne Ril 146 E. WASHINGTON ST, » ‘Week Ago esses ceocesevossee 158.19 vance: TT * doubles oe choice :

) ood fed wool lambs, $14. 75@ 15; strictl choice Month Ago sects sscenciocaes 156.94 kinds. $1 25, : ¢ nb y

: ear Ago teceesscecceconseve 135.11 No, 2 233, BEER ht f er it High (May OY conunasene 168,34|1 75; small ots lig Bie t fat wool ewes. |’

we bo $8.75; fat clippers, £1942 Low (Jan. 2) .......,.. 151.54

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May 14 U.. P.). —Hogs— 220-240 lbs.

WAGON WHEAT p to the close of the Chisago = loday, “indianapolis” fh r mills a d' grain ibe. 5. tors paid $1.10 per " pushel for 381340 es 15; "130-140 1bs. d Whe, P other SF Grades es on oy thet erits), 12, 90: 100-130 be. 1 yellow She BS a 82¢ $11.25. Calves,

po: F 2 . net 2nd No. 3 white | shelled com. Bt; eis Sarbs, $14 Slipped ianbs. $10.80 0 Buy United States X. A SAFE DE = : Le | 4] VICTORY STAMPS BOX 'S.iQ% 0087

TO THOSE ENTERING oa NSURANCE

i ary ea | LI : $3 to $100 a Year THE ARMED FORCES Mmmm || 28 LIVINGSTON 3S emg pte Ses Fig Sour Trust Go. Use our Agenc rise which oo : , 130 ity Trust rovides the Satekeeping of Se- : IE The Home of Erion clipping of coupons, col- : : TAILOR-SHOP CLOTHES To. Econ Veluableo lection of interest, dividends, etc. oo SL Seady-for-Wearing Olothes With ‘Rent w Safe Deposit ney at

You are relieved of all detail but TEL H thon full control and can take ThEdssl TN FEES LEO FAILGRN, 0. ° * THE We action even when away. : Mass Ave. i he Miadis 3 | INDIANA NATIONAL BANK

Ask Our Trust Officer for Details GUARANTEE D

Ls : BUSINESS EDUCATION : UNION TRUST FOMPANY. [AL oo roms pees Yor i AT QUR USUAL | Day 45d evening sestions. Lincoin 4337 aN [X PRICES | Fred W. We CU: Gen : ow

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