Indianapolis Times, Indianapolis, Marion County, 27 May 1942 — Page 20

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Small Packers Here Complain i They Are Caught in ‘Squeeze’

By ROGER BUDROW

THE SMALL PACKERS

SFT INDIANAPOLIS TIMES

3 ¥ !

NEW YORK STOCKS

ASutestograph

Alleg I 3 or 0

Allen AL hem Allied Mills

{Allied Stores ... Allis-Chal ... A P

IN THIS AREA are genuinely! ;

CA worried about being able to stay in business. They say they jim Bank

are caught in the biggest blame the government for it.

“squeeze play”

in history. They im Cun

The government is buying meat for lend-lease from the | AS larger packers such as Kingan & Co. Swift, Armour and 4 ory others. Such smaller firms as Stark & Wetzel or Hilgemeier i are not allowed to sell their products to the government be-| Am Hide &

cause their plants are not inspected by the federal inspecThey are state and city inspected. This has been |

tors. going on for some time.

Inter R- Test i pf

Set

fy i“

The other half of the Se ce eg

play came in recently when the government froze the wholesale prices for meat, thus limiting the price the packers can get for their finished product the government did not freeze the prices the farmer can get for his livestock at the stock- _ yards Yesterday the top price for live hog at the local stockyards Roger Budrow as $1460 for 100 pounds. Now 1 tark & Wetzel Hilgemeier paid those prices for live hog, they would lose money because their wholesale limit is aroun an average of $13.40 because of that price, proese. Th uchols firm out in Denver just ted up the other day and the owner tacked up a notice, "I can't take it anymore.” Stark & Wetzel lost $1600 last week on 80.000 pounds of beef. They figure right now they are losing an average of one cent on ev ery pou of meat they pack The only thing they can do is © sell as little as possible to keep their outlets open and hope the government will come to their rescue. To Shims it looks as if someone is takSRY antage of the war situation ueeze the little packer out of

f St Ol

Turkish gov-

DMD ome

CC costs and BS

aline

Naxing pians w

ill buy

going here are reports new war plant will be built which will dwarf even Fords new bomber plant, world’s biggest ry under one roof Argeni huge corn surrivaling famed .R s boost0 jelin rubber produc- |

11S C 1S UsSia i WOOL 1 needs more from “waxy type t tapioca im- . another

a door-to-door noney” jnvestments ‘in They make no com-

If you are now purchasing your home on a "Lease Contract,” it may be possible to obtain a loan here and get your deed.

Exchanging “contracts” for "mortgage loan" financing also permits your filing "mortgage exemption" claims each year with your County Auditor. This results in substantial reduction in your real estate taxes.

Don't delay! We will be glad to discuss these arrangements with you NOW! Your call may result in substantial benefits to you. At least it costs nothing fo find out here.

CALL THIS WEEK

Lie ta P|

alaints | 3

Chicago * and re-j nactive memberships;

PORKER PRICES = FALL 20 CENTS _ =

Shippers zy More in Early iE ww 1 ot Purchases: 8765

Am Voorn of. Hogs Received. Hog

Am Zine g prices

Anaconda stockyards cents lower

Armour Il Armour ml prpf Dry Gds

at the Indianapolis HN today were mostly 20 ANEW. than yesterday although [Ati Refining some early sales to shippers were ties Par higher than the later bulk sales,|Atias Par pf the agriculture marketing admin- 4 {| istration reported. Bald Loco ct The practical top was $1445 for, alt Is Qn good fo choice 220 to 240-pounders. | Bangor&Ar pf Receipts included $20 cattle. TS3|Borecis Acoma calves, 8765 hogs and 173 sheep.

HOGS

hoice

(8763)

: mi Borg-Warner { Bdgpt Brass .. Sruns-Balke. . 3ucyruss-Erie Judd Mt 3uffalo © ullard 3ulova W

YARED sk pt ft fuk oh pk fk fu fk ok

elf of ff BL085L55457

pounds pounds

= Ss

urlington i ut uugns . 3ush Term vers NM Rvers

— i " ow a - ot an

rs Lo

pounds Packing Sows Chae. pounds

pounds pounds

ok pot ot Win a8 A fk poke

pounds pounds

pounds

.-n edad ad Gad Aa ot pt pot “wd

£30- 500

— vi rs a -~ fy wi

pounds Slaughter Pigs snd Geod— pounds

CATTLE (820) Slaughter Cattle & Calves

Hoy

wibyd Cop oh

1100-1300 pounds A". iy 500 pounds .

s 8p { Col Pictures of edit

Com v Tr os 00! Com Solvents .. Comwith & So Comw & S pf.. Comwth Edison Cons f {Couns Cons Eidson Sons

Qil caeuee bd Son. RR Cub pt s Coal 12.50813. 25 | Container ont Can « I ors Soh Ins Mot

ko pounds

10.50 ‘Mixed

[email protected] 2.0 13.3

mmo! 30 100 pounds

Chakie Steers. Heifers 3 otce 300~ 50 pounds

RB s0 pounds | Chotce_750- 200 pounds

T50- 900 pounds ..asssannaans Medium S500- S00 pounds ......seens Common-— S00- 900 pounds ......a.s0es Cows (all waist

5!Crane Co 50 Crown Cork Crown Cork pt Crown ‘eller pf Crucible St 0 {Cub-Am Sug . Curtis Pub {Curt Pub pf jcut ler-Ham

common

Balls an weights) (Yearlings excluded) Beef— Good . RUD AVS— Good Med: um Cu

ps cou

ter and common CALVES (733)

| Decea Rec Inc | Deer re & Co. Hud

Choice - 800 pounds 800-1050 pounds Good

[email protected] | RAPID

300- pounds 800-1050 pounds Aedium 300-1000 pounds Common 300- S00 pounds Caives (Steers)

good and Choice 500 Pounes down Medium300 poun

. 1125Q12.25 |

10.25@11 50 |

| Bag odak son Elec’ ute- -L eC [email protected] Elec & M { Eng Pub ct of

saanne

Erie

: = - [email protected] | EX-cell-0 rdo

| Fas [email protected] | IS Ma &

{F Ded [email protected] | Firestone T Food Fair Stores (173) TK

down Calves (heifers) Good and Choice 500 pounds down Medium 300 poun nds down

SHEEP AND LAMBS

Ewes (shorn)

choice .. and medium .. Shorn Lambs Good and choice . “ok Ajedium and good...

CHICAGO LIVESTOCK Gen

Hogs—Receipts, 13,000. General market, Gen 10 cents lower than yesterday s average; Gen closing mostly 10 cents oft; ex AT 432 Gen Ls, bulk 180-330 Ibs, $1413@1440; Gen and choice 180-330 Ibs. Sit he i 40: | Gen -330-1 sows, largely $13.i3w 14. !Gen { Seep—Re ceipts, 1000; late Yesterday | Gen fat jambs slow, mostly 13 to 33 cenis Gen OWer: double choice shorn lambs| Gen No pelt, $14.50; bulk good and Gen

= 3

Good and

common

Gen A | Sen

Out Adv A Ry Sig Refract

08 «x - ots, $13 3614.2 23: medivm to & n FT kins. S50; best native SPINOR Gen T & R S. 3.73: several doubles, mediull | Giidden pi 0 good Lightweight Calliorhias $14.50; | Gobel Adolf with deck choice 92-l1b. weights, $13.50. To- Goebel ‘Brew dav's trade—practically no early trading; | Good I very littie of any ass on sale to te Ton top quotations; most bids on all ¢ 5 . steady to slightly lower. | Gotten) Hos, - Cattle — Receipts. 15.000. Calves — Re- | Got ° Psi . 800: fed steers and yearlings, weak | Granite LC, to. fas cents lower; strictly Fhoice Shs | Ger Vv ings absent: bulk. $12 504 ¢|Gt Nor Ore _.. choice 1251-ib. aves ages. 81 18 = Sug pf next highest price, 1 H ers steady at S206 * ot FP $14.30: cows fully teady: vearlings. scarce; bulls. strong e 13 cen:s higher: vealers Eeedy at $15.50 down; CH cows, $8.50 down: fat cows J3@ mostly; Ra sausage bulls reach $11. ©

OTHER LIVESTOCK

CINCINNATI, May 27 (U. Receipts, 3300: all weights, classes, 25¢ lower; top, $14. good and choice 180-235 lbs, Sid. 30; 300-400 Ibs. $14.13: S14. 23: medium

one hd

$15125 HE Grevhound C Gruman Air E. Gulf Mob & Oh

fact Wat .

Motor.

- Ill Central i {Ill Cent pf ... 1 Cent dian Ref and Stl

and heifers, as Bal 25° medium steers and heifers, $11@13: i mon and medium beef cows, as. 5; zood cows to [email protected]; small lots 1413 | >. smooth cutters, $10.25; bulk ind cutter cows, [email protected]; common and | medium bulls, $9.50@ 1! 10.33; kinds, | M $116 11.25 mostly; individuals, 11.35; veal: | Int steady: ¢$ good

Hen and hedium. seis

arvis Co ewel Tea. ohns-Manv

FI. WAYNE, ones

May 27 (U, cents lower: 20-40 be. : 180-200 Ibs.

Ja. oJ is |

| Guuatia S&F 50-160 Ibs. Kennecott © 130-140 1bs., Rresge S

50; calves, | roger G & B. lambs, $13}

AEs

wean 7 no

Ib $1 SB 50:

stage. $it clipped

: 150 : 100- 130 Jbs.. . $13.29; SR 815;

“win fot ot

HL wh

WAGON WHEAT Up to th: close of the Chicago Market pin | today, Ind flour mills and in j Slevators Pa d $1.07 bushel for No. 2

1233 . 13% 4s

BED ot pt put

oh pn

S19 11-18 Hus

High Low

—r— 11% 11a 31h 3's ‘a 3% 33% 4's

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“aba an asaasss He [email protected] | East Air Lines 2

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Last Change

Sy UNITED PRESS Net | DOW-JONES STOCK AVERAGES]

30 INDUSTRIALS

ills 3s

sq | Year Ago “ High, 1943 114233 High, 1941, 188.3%:

low, low,

yesterday “1p | Week ARO .....s0 W | Month Age 1 4 Year Ago High, 1942, 2W.01: low, High, 1941, 30.88: low,

1% Yesterday

High, 1942, 14.92; low, High, 1941, W065: low,

20 RAILROADS

9.41

106.84.

2W®.93 2WB.88 AUB MWe 2s. (rN AUN.

10.58. 18.51.

-0.23 +017 +138 +021

s Lone St Cem = Ig!Lorillard of .

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| Pac Coast

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Peoples ‘Gas : . Pepsi-Cola qt of.

8 Phil Morris. . .. Phillips Jus .... Phillips Pet Pitts gon pf

Pullman Pure Oil

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Texas Co ... Thermoid we Third Av Ry .. | Tide W A Ol ..

ers.

Belt RR Stk “ae Belt RR Se Yas ord “an Bobbs-Merri BOR bs- Merrill Re co

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% pf Indpls Water glasy Lincoln Loan Co 52%

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IN N Pub { N Ind Pub Serv 7% bid | Progress Laundry com | *Pub Serv of Ind 5%

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LOCAL ISSUES

Nominal quotations furnished by local unit of National Association of Securities

Ask 8

Bid

Lincoln Nat Life Ins com. ...- Ind Pub Serv S'a% pid .... Ind Serv Rid “ss

pfd .... 88

2: *Pub Serv of Ind Inc com.....

8° pfd

8 Van Camp {4/Van Camp Milk fom

Bond. | Algers Wing'w W RR 4s | American Loan 3% 3d American Loan Ss 8 | Cent New soapet ass Ch of Com tiene ine T Consol F raib-Revn

bp fb ptf eG

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U SM; *Ex-Div

ASHINGTON, May nment expen: and

pared with a 8] * | Expenses 837.289, RE fis. 03

wr S301 912 EX 215, 101.13 980,332,476. 33 3.045,246,690. Wk Bal 3.983.330 141. 53 Pub. Debt 73.873,158,818.30 Gold Res. 22.710,797.218.06

(U.

713

Net Last Change

tl Wes Ol & S..

Ya — 1%

‘al 4 a

1a )

wha Jw.

+ 1

- a

iam

=a “re

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-n-Gy - DoD SB

DDD P

‘29 3 34 95 12 18 86 ag! 8 84

94 14 90

| At the same time,

s | wheat

8 {soybeans off 4

High | Rmken RB .... 33% Trans 5 w Air 93g Tri-Cont Tri=Con P, . 82 20th Gen Fox. 10's

wi oa Pa

S58.

Und Ell Fish .. 33% Union Card ... 83 Un of Cal .... 10ia Un Pacific 69 United Aircraft 281s

Un Air Lines Un Biscuit pt. 1988 bon

— o BD ea 3 Lob DCH LE

anadium Norm Meh |

Yaidors Sys Wake H-G&W MN war oF Bros... 4%° Waten Br pf. 2% Wash Gas Lt. J% West Auto Sup 147% Union 258%

ls Ta is la 1

| Westing Westvace pt.. | White Mot . Willys overlnd | Willys Overld pt Wilson Co | Woolworth Worthington Wright Aero

is 3s 2% Yellow Tr .... Ul } Young Sheet 29% —tl— 11% : 1

Zenith Rad

STANDARD OIL GROUP * DEMANDS ‘ANSWER’

i NEW YORK, May 27 (U.P).—A i ° | minority committee of Standard Oil

1/Co. (N. J) stockholders announced : | today that at the forthcoming an‘nual meeting June 2 it will demand |] “full and adequate” answer from (the management to the charges ‘made before two senate committees | concerning Standard’'s synthetic 13 | rubber link to the German dye trust. | The committee, headed by WilFloyd 2d, a long- -standing {holder of 103 capital shares of the company's stock, issued a Proxy 2 statement to all “small” stockholda ers appealing for their support in demanding a complete airing of all |the facts involved in Standard's ' |agreement with I. G. Farbenin- + | dustrie. the committee [stated its intention of demanding immediate abrogation of all “cartel understandings” which the company might still have with the German Hush

| |

“ BIG CROP REPORTS

SLOW WHEAT TRADE

CHICAGO. May 27 (U. P).— 12{Grain and soybean futures eased in learly dealings on the Board of | Trade today. Rye displayed inde|pendent firmness. At the end of was off 0 4 bushel; corn off to 3s; 15; Rye unchanged to

first hour, cent a oats off up %, and

the

to Ss. Federal, reports, showing prospects

state and regional crop of a

: large winter wheat crop, discourF. aged heavy trading by

bulls and S|there was no other news affecting

6 [the market.

| BANKS DOUBLING WAR PLANT LOANS

NEW YORK, May 27 (U, P).— Commercial bank loans to finance production of war goods increased more than $891,000,000 in the March quarter of 1942, according to the American Bankers association's | ing banks. The survey showed today that 406 reporting banks in 159 cities had war production loans outstanding in the amount of $3,120,486,260 as of March 31, an increase of $891. 196.800 over Dec. 31, 1941. In the final three months of last year such loans increased $406,000,000. The 406 reporting banks had loans of $1,641827,768 for supplies and equipment and $895,679,751 for new plant facilities and construc- | tion.

NO DIVIDEND VOTED | BY BERGHOFF BEER

FT. WAYNE, Ind, May 27 (U. | P.).—Directors of Berghoff Brewing | Corp. today voted to take no action | for a dividend for the June quarter

11's | because of “uncertainty caused bv

3 13 ‘99 100 108 100 106 108 109 80 108 100 102 108%

108% 102

85 100

. S. STATEMENT 27 current fiscal year an eh) iL go:

—Gov-

P.) ipts for the ay 25 com-

INDIANAPOLIS CLEARING HOUSE

LOC AL PRODUCE

Beaty breed hens. full-feathered.

| esi 2 to 38% Ib barred Jog,

cents less. Sint 34 Is. 4nd 4D:

Grade mn. Ite:

colored.

ce, cocks,

26¢: ec.

Sade - ®.]

1 Joseph A

19¢;

| war conditions.” The company had been paying 25 cents a share quarterly. Sales for the year to date, the company said, are in excess of a year ago.

RAILWAYS DIVIDEND

Directors of Indianapolis Railways have voted a dividend of 50 cents per share on the common stock, payable June 15 to stockholders of record June 5.

Incorporations

Gladstone Coal Co., 8th and Main sts., Petersburg: agent, H. Scales, Vincennes ave., Petersburg; 1000 shares no gar value; Robert Benward, ren J. ohnsonJohnson. S. Hugh Di The Women's Guild of he Evangelical & Reformed Church, a corporation, 605 Spe: ave. Evansville: no capital stock; Elsa Schuessler, eston, Mrs. Jesse M. Menge! =a others. The South West oryie, and Democratic Club of South Bend Ww. ana ave, South Berns no capital stock; Margo, Michael R. Pinter, Steve N.

Barczo and others. Elastic Stop Nut Corp. Union, J. registration of trade mark “Elastic stop,” class 13: hardware and plumbing and steamfitting supplies. ose oe a ol Club of Whiting, Ind. 17 st., iting; no {apits stock; Stephon Chernota, Joseph Blaski, Joseph Darnay and others. Beatrice Creamery Co. Delawdre corporation: amendment of articles of corporation. The Dearborn County Loan and Building Assn, Lawrenceburg; amendment of articles of incorporat on. Ww. E Squibb Distilling C Vin cennes; amendment DR rainy *aital stock ,000_ shares prefe of $2 p 28¢; value and 1,000 Shares common no J e.

Inc,

The Ine.

‘Doing All Right’ in Tech-|

{dent of the General sElectric Co. . of it, in the technical warfare.

- 18 technical brains a square mile than

tlcians are tirelessly searching for

A location

equipment, LE 1, instruments and super-chargers.

| after the war civilians would see

survey of the country’s lead- |

in-

| |

.| were mixed. Rails rallied after early

(rights,

6. E. STEPS UP ITS RESEARCH

nical Warfare, President

Declares.

SCHENECTADY, N. Y, May 27 (U. P.).—Charles E. Wilson, presi-

said today that the United States was abreast of the axis, or ahead

In t= General Electric plants here, where are concentrated more

anywhere in the country, techni-

better planes, motors, ships, radios and instruments to help beat Adolf Hitler and his stooges. “From everything we can pick up, we believe we are all right,” Mr. Wilson said. “We compare well with the enemy, if we are not superior to him, in technical warfare.” General Electric soon will be turning out $1,000,000,000 worth of war production a ‘year, mainly electrical equipment—huge dynamos and turbines for warships, merchant ships and power plants ashore, searchlights, fire detectors, radio equipment, X-ray maplastics, motors, welding vacuum tubes, airplane |

chines,

mployment Doubled The company now employs 130,000 persons, twice as many as it did | in 1939. One of the most important jobs is turning out turbo-electric equipment for the country’s power plants. This year’s output will be about 3,000,000 horsepower, and this equipment installed in new plants, together with inter-connecting circuits so power may be exchanged between sections of the country and consumption spread, wil! give the nation 10 per cent more electric power. Newspapermen visiting the plants under the auspices of the National Association of Manufacturers, saw huge pieces of equipment for Shasta, Boulder and Bonneville dams. The laregst single generator had a capacity of 85.000 kilowatts, or approximately 75,000 horsepower. -It was almost as big as a house.

Energy Piped Among other things che correspondent saw were huge, 60-inch searchlights that throw 800,000,000 candlepower beams, and 1,000,000,volt X-ray tubes capable of penetrating four inches of steel in a few minutes and recording flaws sterescopically so they may be repaired promptly. The tube does in three minutes what it requires a 400,000volt tube three hours to do. Engineers said the war was stimulating scientific research, and that

many changes in the uses of electricity. They expected, for instance, that present radio receivers would be outmoded by color televisions, and that new safety devices for aerial and naval navigaton would be used. Dr. W. R. G. Baker, vice president in charge of radio and television, said high frequency electrical energy may be piped instead of wired. “You can squirt energy out of the end of a pipe, the same as you squirt Wel he he a

FORD SURPLUS ROSE $5,000,000 IN 1941

BOSTON, May 27 (U. P.)—The| Ford Motor Co.'s surplus was increased $5,050,142 during 1941, according to its balance sheet filed today with the Massachusetts state tax commissioner. Total surplus was $612,678,531 as compared with $607.628,389 in 1940 and $601,239,506 in 1939. The report also showed: Assets: Real estate, $143,924,799 against $134,056,274 in 1940. Machinery and equipment, $200,600.862 against $187,823,423. Merchandise and supplies, $142,748.017 against $101,469,372. Prepaid insurance, taxes, $796,761 against $918,139. Note and accounts receivable, cash | 9:4 stocks, bonds, securities and patent $230,580,915 against $288.-

ete.,

922,676. Total assets, $713,189.884. Liabilities: Capital stock. $17.264.500 same as in 1940. Accounts payable, against $70,425,746. Reserves, $19,736,919 against $17,871,249. | Surplus $612,678,5631 against $607. | 628,389. | Total liabilities, $718,660,356 against $713,'89,884.

TRADE INTERESTED, IN ‘PEACE SHARES’

NEW YORK, May 27 (U. P.).—| Strength in selected issues in the so-called “peace” group stood out today in a firm, quiet stock market.! Motors were outstanding perform- | ers. Several chemicals and building | stocks were strong at gains ranging to nearly 2 points. Otherwise, the main list moved | narrowly with a majority of issues slightly higher. Steels gained fractionally, while oils and aircrafts

$718.660,356 against |

$68,980,406 |

irregularity although there was no particular feature. Norfolk &| Western was up more than a pore in the high-pficed group. L

FALSE TEETH

FIT LIKE NEW! Deatus-Eze, the

ternal & Service Clubs of BRE

DENTUR 24

| ‘ions with assets in excess of $250,1000 in the manufacturing, mining,

WEDNESDAY, MAY 27, 1942

ON THE RADIO

TONIGHT

7:00—Quiz Kids, WISH. 7:00—~Nelson Eddy, WFBM. 8:30—Mr. District Attorney, WIRE. 8:30—Baseball, WIBC.

AMERICA'S FIRST war summer finds most of the popular NBC-Red (WIRE) program remaining on the air, Among those to “hold out” for the summer are Information Please, Rudy Vallee, Kay Kyser, The Telephone Hour, Voice of Firestone, Cities Service Concert, Fred Waring, Johnny Presents, Mr. District Hour of Charm, Fitch BandwagEzra Stone Or Elery

The Aldrich Family, starring Ezra

Stone, will take a four-week vaca- |.

tion, probably in August, and a sustaining program will take its place. Bing Crosby will leave the air but brother Bob will take over with the same program. Fibber McGee and Molly have no vacation plans. » » 8

“NAUTICAL NARRATIVE weekly navy dramatic program over WISH, has been changed from its old spot to 9:30 each Wednesday. This weeks’ offering is “The Man Behind the Spirit.” Arthur Jordan conservatory students do the job,

LJ » 8

Attorney, | §

EDDIE CANTOR, with Gracie Allen as his guest, will broadcast tonight from the San Diego Marine base at 8 p. m. over WIRE. ” » » “GREAT MOMENTS in Music” over WFBM at 9 p. m. will include

several selections which were not performed in the first presentation of the opera last January. Among them are “Che Gelida Manini,” Si Mi Chiamano Mimi,” “A Mimi Tu Piu,” and “O Soane, Fanciulla.”

2 » #

“SLEEPY LAGOON,” an old song, has been rewaxed and is spotted in every juke box in the country. Mary Ann Mercer, the liqe uid voiced song stress of “Uncle Walter's Dog House,” (every Wednesday i 7 . Mary Ann Mercer nay - hon promises to “do things with it” when the program broadcasts from Camp Robinson, Ark, tonight. 2 ” o “Mr. and Mrs. Ulysses S. Grant,” the play dramatizing the story of & man who became president seven years after his failure and disgrace will come over the airways via WISH at 7:30 p. m. Ring Lardner Jr. has authored the play which is built around “what might have

happened at Vicksburg.” » u 2

THIS EVENING

Indianapolis Times is Sas caused by station

WFBM _ 1260

WIBC 1070 (CBS) tua

not responsible for inaccuracies in progrem ale changes after press

time.)

WIRE 1430 (NBC-Red)

100 Are U. a Genius? :15 Are U. a Genius? 130 ‘Wheeler Mjssion 45 Scattergood

390 Indiana News 943 flopper

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ASKED TO REPORT reports being conducted by the

Woman in Beant] ile $ Sonn weet River ary Marlin ONLY BIGGER FIRMS WASHINGTON, May 27 (U. P). Studies of corporation financial office of price administration apply only to a selected list of corpora-

construction and wholesale fields, it was announced today. OPA said there had been some | confusion among retailers whether| they were required to make financial reports. Today's announcement said they did not—that the order covered only about 25,000 corporations in the categories listed above.

'DAILY PRICE INDEX

NEW YORK, May 27 (U. P.).~= Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Yesterday FE Week AgO..... Month Ago . Year AgoO.. 1942 High (May 9 ..... 1942 Low (Jan. 2)

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Phillips Packing Co. and sub= sidiaries fiscal year ended March 31 net profit $1,116,690 equal to $2.26 a common share. No comparison is available due to change in fiscal year from Dec. 31.

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