Indianapolis Times, Indianapolis, Marion County, 2 June 1942 — Page 8

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PAGE 8

RAILROADS POOL ROLLING STOCK

By Co-operation They Hope To Avoid Government

Control. By NED BROOKS

Times Special Writer

WASHINGTON, June 2 —Railroad managements were prepared] today to resist any

establishment of a

ated pooling system, the contend, would risk such and congestions government operation

oper riers shortages

marked

carCar

Defense tention of disturbing the present 5; car-interchange system, and even| the managements believe it unlike-| Iv that any move toward federal | 3 operation is near. A They recall, however, that Mr Eastman, while serving as co- Pit nator of transportation from 1933 to 1936, initiated a study of the feasibility of a federal corporation to assume ownership of all freight cars and direct their distribution.

Improve Method

Suggestions cently from other sources within the administration that production and

transportation could be improved if Bru exercised greater |BuSvius Erie o {Budd Mig

the government control over equipment. The railroads, apparently effort to head off any trend in this direction, have been bulletins defending their present pooling system these, by J M. Symes, ic vice president of the Pennsylvania and former operating vice president of the Association of American Railroads der existing blunder.” It

The path

One of

conditions would be a continues: of true progress lies over to a system that has already not in adopting some un system, but rather in

not changing of car proved a tried

in pooling

failure,

move toward | 3 government- | 3 operated pool of their rolling stock. |"

BS) An of |; the roads in the last war. | jm Transportation Director Ar Eastman has not indicated any in- an

Ri have come more re-|

Budd in an { Burlington | Bur Troughs . . : Butler Bros pf distributing | Brron { Cal

Can Carpenter Stl

asserts that any revision “un- |;

N.Y. §

Net High Low Last Change

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Adams Exp . Addressograph Air Reduc Alaska Juneau . Alleg Cp $30 4 Allegh Lud Stl.. 16 Allied Chem gL

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By UNITED PRESS

: Week Ago .. Month Ago

A Yesterday ..

1s | Neh

sin 3

TOCKS

DOW-JONES STOCK AVERAGES

3d INDUSTRIALS coicess 100.8% 00.1 Ceti stitattniee 1.29 YORF ARO (ccciciiics seesetig 117.88 High, 1942, 114.22; Low, 92.92. High, 1941. 133.59; Low, 106.34. 20 RAILROADS

—0.49 40.23 40.59 41.20

Yesterday

Sete EtaRt Ren

23.59 23.93 21.61 Nn

| Yesterday IWeeK ARO ....cicciiiantiiins Month Ago .. Year Ago High, 1942 2001; Low, High, 1941, 30.88: Low, 2423 13 UTILITIES

Cette raat tian

na nae 1n.as 18.98

Week ARG ....ciiieianrensss Month Age ... Year ARO cciciiiiiciniinsss High, 1942, 14.94; Low, 10.58, High, 1841; 20.65: Low, 13.51.

ETRE EE

Net Charge -— 3

Low Last 14%: 103s 113%

5' 96

High

Minn-Moline ... Mo-K Tex pf . | Monsanto | Monsanto pf ..10 Mont Wara . Mor & Ess

Murray... Myers & B

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| Nash-Kelv NC& N

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PORKER PRICES FALL 5 CENTS

Top Declines to $14.25 as 10,900 Hogs Arrive at Stockyards.

Hog prices turned 5 cents lower at the Indianapolis stockyards today, the agriculture marketing administration reported. The top was $14.25 for good to choice 220 to 240-pounders. Vealers were steady with a $15 top. Receipts included 10,900 hogs, 1682 cattle, 932 calves and 241 sheep.

HOGS (10,900)

Choice pounds 60 pounds pounds pounds pounds pounds pounds pounds pounds pounds

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C3 pt pt pt

160- Bo pounds Packing Sows Goa and Chojce— 270- 300 pounds 300- 330 pounds 330- 360

9 HIHIDIDIDD

— 2 Yao us S

fk pts I Cs SA-3 CH fo pt ~100 ad

pounds (ee. Good— 380- 400 400- 450 450- Sy Neediv 350- 500 pounds d Slaughter Plgs «| Medium, and Good coos cos IC15@13:00 CATTLE (1682) Slaughter Cattle & Calves St

pounds pounds pounds

Pt ft pt w ww oy 3 DOS HD ft pot ft Ww WL Wee 3 ei PSU

po 2 3S ® — S

Choice— 750- S00 pounds 900-1100 pounds 1100-1300 pounds 1300-1500 pounds

3383 SHAS Ere acneacn PESTS Dworem

Chases

Good— T50- 000 pouNAs cceesninnine 900-1100 pound 1100-1300 pound 1300- oy? pound Mean 750- 1180 pounds 1100- ay pounds Com 750- Tivo pounds

Steers, Choice— . 500- 750 pounds Good — 500- 750 pounds

Chase RaRt Le

Cesatsteene

8333

98 ADD

wmnnna

Casta btienane

ft pt aren DD ft pnt

EE EE

[email protected] Heifers & Mixed

[email protected] 12.50913.00 Choice--30 200 pounds 0! — 750- 900 pounds

Ceriierecase [email protected] Ceeteresesaes [email protected] Ciiseeasseess [email protected] Coes [email protected]

te (an wee 19281100 9.50 10.

THE INDIANAPOLIS TIMES Indianapolis Business Summary

Bank Clearings ...coieoivevvnnnes Bank Debits ....ccoiiviisaiiainnii Postoffice Receipts coivviieianinnias Building Permits (cicviveiivciniee Houses Apartments Business ...coveecesisesiosisese Industrial Public Repairs & Alterations ...coie0. Applied for Jobs ........ ceiver Received Jobs co.cc ciiciiannnne Filed Unemployment Claims ...... Freight Carloadings: INbOUNA «cccciciiiiiiiririines Outbound Electricity Output (kwh) ....ca0.. Water Pumpage (gallons) ........ Streetcar Passengers (May 23) .... Telephones In Use (May 28) i.e Livestock Receipts (head) «..eeiee Cattle Calves cicescvviscisarsassnienns

Stresses

Gs besetstacnnntnne

Geet strsestnsttrnn

Chet bisa nndanee

Chis LBbcBtrRRINRNNN

Sess rtrsbreIsebrtRRb

HOES (ievetviecnicsncsncosncsnns SHEEP «ciciciiiiississssessnces Grain Receipts (bushels) ic.oovaees Corn Wheat cc.cooiiviieinvisnsensnns Oats Rye Soybeans ..cciieiesiecisiinnie

ChcsBcsestbisacenrantrr

Css ssstttrsbreRRerRRRRD

Sources of above figures:

Tlinois Central,

RAILROAD SHARES LEAD STOCKS LOWER

NEW YORK, June 2 (U. P)— The stock market developed a steadjer tone in afternoon dealings today after a decline led by railroad shares. Many leading issues came back from the lows, which in many instances represented losses of a point or more. General Motors was strong, selling at a new high for

the year at 363, up 4. Steel shares came back partially

. $20,430,000

271,320,000

Last Week

$52,804,000 $101,224 $49,305 $31,500 0 $800 0 0 $17,005 1,643 820 236

4,158 2,409 15,113,000

1,106,747 4-238 47.873 5,568 3,145 37,697 1,483 427,000 323,000 15,000 74,000 0 15,000

Week Before

$26,817,000 $77,117,000

$85,184 $156,423 $135,925 0 $11,000 0 0 $9,498 1,245 776 312

3,098 2,378

15,204,000 254,730,000

1,792,671 +121 59,946 6,791 3,517 46,508 3,130 495,000 324,000 34,000 108,000 23,000 6,000

Last Week A Year Ago $19,380,000 $49,269,000 $64,555 $122,257 $94,550 0 $11,500 $4,000 0 $12,207 931 619 150

4,887 2,594 13,114,000 313,770,000 1,426,972 +4212 44,180 4,402 2,929 34,861 1,988 708,000 636,000 14,000 46,000 0 12,000

Indianapolis Clearing House Association, Indianapolis Postoffice, City Building Commissioner, Indianapolis Office of State Employment Security Divsion, Pennsylvania Railroad, New York Central, Chicago, Indinapolis and Louisville (Monon); New York, Chicago & St. Water Co., Indianapolis Railways, Indiana Bell Telephone Co., Agriculture Marketing Service, Indianapolis Board of Trade, Center Township Trustee, Federal Reserve Bank of Chicago, Indianapolis Power & Light Co.

150,000 Pants for Army Made Here

Lewis Meier & Co. Indianapolis clothing manufacturers, announced today the completion of an order of 150,000 khaki pants

for the army.

The company has a new contract for 60,000 more pants. When that order is completed, a total of 210,000 will have been turned out An order of 25,000 of the green jackets will be finished

by the firm.

shortly.

DAILY PRICE INDEX

NEW YORK, June 2 (U. P.).—

| % Chge. '42 vs. '41 +4 16.1 4 25.8 + 55 - 50.1 - 1.7 ==100.0 - 75.8 - 91.2 - 91.3 -— 52.8 + 34.2 4 19.6 + 52.2

1942 Thus Far $554,248,000 $1.528,525,000 $2,113,043

1941 Thus Far $477,382,000 $1,215,138,000 $2,003,587 $5,970,613 $2,979,787 $2,393,525 $2,353,605 $391,000 I $904,994 $219,376 $1,577,300 $138,500 $181,400 $15,800 $522,394 $246,343 20,736 27,822 11,446 13,684 6,964 10,596

87,144 56,238 312,290,000 5,312,480,000 35,092,419 115,010 1,175,303 133,814 59,566 865,786 116,104 12,910,200 9,434,500 460,000 2,542,000 161,000 312,500

+ 04 + 47 + 13.2

86,760 53,698 275,831,000 4,754,150,000 27,390,478 104,840 1,200,126 122,218 58,637 919,619 108,652 13,247,800 10,387,500 545,600 1,864,400 150,000 302,500

2.5 9.2 - 15.7 + 36.3 + 13 + 33

Ll +1 +++

Baltimore & Ohio, Louis (Nickel Plate); Indianapolis

GARY STEEL MILL BREAKS 10 RECORDS

CHICAGO, June 2 (U. P.).—The Carnegie-Illinois Steel Corp., Gary, Ind, and South Chicago works, America's two: largest steel plants, established 23 new weekly and monthly production records during May, the U. S. Steel Corp. announced today. The steel production increase over the previous record established in March was approximately 20,000

OPA ANSWERS

Same Goods Under Varied Brand Names Must

Hold to Price.

WASHINGTON, June 2 (U, P.).— Retailers who sold identical com=modities under different brand names for varying prices must observe the price ceilings fixed for the brands, the office of price administration said today. The ruling was made in answer to a question from a retailer, who said he sold three brands of haire nets at eight, 10 and 12 cents dur=ing March, the month at which price ceilings were fixed. The haire nets, he admitted, were identical except they were packaged under different names. He asked if he could charge 12 cents for all three brands. The OPA said “no,” he must continue the eight and 10-cent brands at their March prices. Q—How are maximum prices determined for “travelling demonstrators”—for example the demonstrator of a new knife who moves from store to store? A—Such demonstrator is deemed a “separate seller” from the store in which he demonstrates. , . . His ceiling price is the highest price at which he sold and delivered the knives in March. His top price in March, however, does not fix ceilings for the stores in which he demonstrates. Q—Is sea moss, used in preparation of medicines, covered by the price regulation, or is it exempt because it is a crude raw material? A—Sea moss is covered by the regulation. The regulation makes no blanket exceptions of crude raw materials. Q—Is rental of delivery trucks covered by the regulation? A—The leasing of used trucks is not covered. If the businessman making use of the leased trucks supplies the driver, he is renting the trucks, and the regulation does not apply. But if he does not con-

PRICE PUZZLES

ENS HAN o oO I

CISD GY OMS

tons or the equivalent of the amount needed to build more than 700 medium tanks. Blast furnaces proximately 2000 tons March high. Ten monthly records were broken at the Gary works and seven monthly records and two weekly records fell at the South Chicago works.

Cleve Gi aph Br i Climax Moly Co 35! Cluett Peab . 29! Cluett Peab pf.

Phillips Pet tts Stl us Pitts Stl of B tts Stl 5 pf .

675@ 8.25 trol operation of the trucks he is purchasing delivery service, which is covered. Q—Can a store start making a small charge for a gift packaging service, formerly supplied without charge? A—No. Q—How should ceiling prices be marked or posted where cost-of-liv-ing commodities, such as ice, milk, bread or groceries, are being sold at retail from vehicles? A—The prices should be posted on the side of the vehicle nearest the sidewalk, in such manner as te be s.lclearly visible to the passing public.

wn oo CY . on

making the present tried and suecessful system work even better, as experience permits the further per-|Coleate-P-P : th “ Col & Aik pf 1g of its details ol

1 Broadcast Car Assigned

Dun & Bradstreet's daily weighted price index of 30 basic commodities, compiled for the United Press (1930-32 average equals 100): YESOra8Y cocoeereccvrviveens WEBK 880 .ocovesevirnnrvens MON BBO + ccvveviervvsvrees Year ago Esra ETE Yee 1942 High (May 9) 1942 Low (Jan. 2)

after losses ranging to 3 points in Crucible preferred, which made a new low. Youngstown Sheet & Tube made a new low at 281%, off 1, and failed to recover. Coppers were easier with Kennecott at a new 1942 low at 263%." Pressure on railroad issues relaxed, but they failed to recover to any extent. Their losses ranged to more than 2 points in Erie preferred A stock. Shares of reorganized : roads which had been bid up on outlook for heavy war traffic were hardest hit.

Bn LBS BSS. 0

Bulls (all weights) (Yearlings excluded)

- pt (£5 oon

pt pot pot Cd Cr) UD ~ -

Ne fot pp pr Nee on - on

Beef— GOO (i cerntitiiiiiernni SRuSage—

[= “ CY CD rt 1G sl CIN Cd oe TS OD

increased over

Poor ‘i Postal Tel bf Press Stl Car Procter & G .. Goo Pub Serv Ae divi

Iub Ser 3 14 82 £9 ‘ Sa Cutter and common

Pub Ser CALVES (932)

Pullm sn Veaiers (all weights)

Pure ‘ 1 Pure o 8 ” ‘ Rat Good and choice .. ‘ . a and medium ...

[email protected] 10.50@ 11.50

3.30813. 2.00@ 98.50

apthe

cr RERRE E+

a prae we < por C5 po w "~ ~ELELERaS REN PROOIN- 3 Ardy-4 Dut 7k +1 POA - w - - +d Lal

ol Broadcast olitn G

155.38 156.84 157.65 135.21 158.34 151.54

~ a

~ 19150

9 <> ” on

system, the division, ex-

existing service car requirements on a day- m + basis and assigns equipment -° determined. The didecides what numbers new cars are needed in each area and which roads should : y them Each

wned freight

the

Ss car

”

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SG wi

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[SL

| Purity Ba Cu

are

Feeder & Stocket Cattle . Calves

Choice 500-800 pounds 800-1050 pounds Good-—

Le dd WY pot pon - ™ -

“

issues were steady to slightly easier. Tire shares, some oils and several special issues had small net gains. Utilities steadied. Mercantile shares Douglas Aircraft touched 54, off|were firm and tobaccos were nar3{, before meeting support. Airline rowly mixed. :

WAGON WHEAT

Up to the close of the Chicago Market today. Indianapolis flour mills and grain elevators paid $1.04 per bushel for No. 2 red wheat (other grades on their merits). No. 1 vellow shelied corn was 82c per bushel and No. 2 white shelled corn, gic: No. 3 white oats, 50c and No. 2 red o IC!

nd types of

op. oR

Saat easann

oh wo ow on

Seestetraane

OO pt OF ps pos OO 05 dow CD C35 i 4.5 Co plow

G0 pe

2b ft

Republic Bu Rep Stl pf Repub Stl pf 4 ie Revyn Tob B ...

@12 1150912. 50

[email protected] [email protected]

tell Rtene cethaatbaees

500- 800 pounds i: -1050 pounds ed Pim 1060 pounds 500- 800 pounds Calves (Steers) Good and Choice— QOWR (cocci

’

sh ss sf sf Cad pot £5 15D 05

13 wl pt pote (FY pt po - rn

the 1.700.000 railroad-| cars now in operation | 1ssigt “home” position, and| becomes the duty of a railroad to! a car owned by another line n its homeward journey as soon as oy . rat ne <Q unloaded ( m Wi A $1-a-dayv charge against a road handling a car which it does not is designed to keep the equipconstantly back to its ' base . ics have contended that rail-| roads often send cars home empty | to escape payment of the $i-a-day unnecessary hauling. | 2 “ railroads say this is not an ing. BREWED ¢ “ portant factor | Boue 5) Dresser Mie pian Sil [Du

Pont | Dugues L of

wo won ht fC wo A on

Seth tenenene

9 pee Ar CIOS fin OID de LD TY oe 0.5 C5 hwy

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1303 10s 1583

Cont Oil Del. Copweld Steel Corn Ex Bnk Corn Prod Corn Prod

Sit tantennne

wb “w wo oo ar ow

wows PL

a rar

[email protected] [email protected]

por

bt yl pt yt OFT

or OF we | port put OF Bets

500 pounds down .. Calves (heifers) Good ana Choice— 500 pounds down

Medium— 500 pounds down

SHEEP AND LAMBS

Ewes (shorn)

Good and choice Common and choice

Shorn Lambs

Good and choice ....cccoenes 12.00 Medium and good cess 10.50

OTHER LIVESTOCK

FT. WAYNE. Jie 2 be. BP) ~—HO Se 1 eLhts Sri In 20-240 } '

Soy woh

12 pf.il 1S Roebuck revel Inc .. haron Stl ‘ sharon Sti pt harp & ‘ immons . mith Cor T ocony Vacuum o Am Gold .. Cal _ Ed «.:

$ hae Bb

rr Ea

een

® eN Ea

[email protected] [email protected]

(241)

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GOVERNMENT REGULATIONS (Now in Effect)

wits CET BD pt pt pt

-. ahs

13.00 11.50

fot “(OBC «IRIS

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rau

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- fos ot © CG on wo a

Use Fewer Cars

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po pot py « Pe fot poe yor a» hg 43 CONG rt = C3 GING 0 GING pee or Jo CY ot C5 wif C3 Co CF ef CY pout 13 Cu C5 mck 153 OS C3 43 TF CA) OO AG

Heo RIAA IAAI INT wn J

oF wn -. Nn

pooling system is possible, | point out, because all in the United States, Canada Mexico operate on standard feet 8's inches. In South urope and Australia rack gages still impede ion In the United 1871, there were 19 idths of track. Fed Dep St .. their system the roads | Ferro Enamel . is shown by the record | iis Stone LY C estone pf A. year, when ton-miles of | Fhntxote ooocot exceeded the previous peak, |Einss Su °F of

| m | Bue

-. ~ or pot pt £3 CAD C3 le Cad pot CJT ot CT CF CoD CY Cad A CIT ot C3 03 CD =H RI NCI LI DI OO = HII DN DBO

Carriers

hs 130-140 lbs.

fo 15 bot 83 15 RS

—-

per bb BS 0S

Crd plo CY pt pot pt 35 For 3 Co Cd

- - reg oO

oe 0IS

Roughs, $13.25; : Calves, $14.50; Lambs, $14: Ene io [email protected].

LOCAL ISSUES

>| Nominal quotations furnished by local «| unit of National Association of Securities

Dealers. Stocks Bid Ask

Agents Finance Co Inc com... 1% ° Agents Finance Co Ine pfd.. “es Belt RR Stk Yds com «coooane Stk Yds pfd «oiooene err

rar hw 0515 GO

Sw ift Intl ‘ Svming-Gould

NAAN » toes ow £3105

. pot 1 pot 15 15 15 EE a

Talcon, J of

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Cd CHV CIN pt pt pot pot C5 CH BG RED 0

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ODO OBA

Require Prompt Payment of

84.448

£39

PE ER

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PC & ‘““ Texas & Pac Thatcher ‘o Tide W A Oil.. IT. W A Oil of . Timk-D Ax .. Timken R B .. Transamerica. . 1s Tri Con . 15-18 811 > 2

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Retail Store Charge Accounts

13645 put pot CS OF 13 OF we

go > p> > . Hasan

135 C5 put pot

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traffic 29

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Ft Wane 1% pfd.. Ind Aso Tel, 3% 8 fd ..c.

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All customers who use "open" or 30-day charge accounts in Retail Stores are hereby

CIO 0G Cd Cs 15 0 von ON CNT G COCO NG» ¥

F300 me Hor rar 05 pee on -.- oo

notified that all stores must abide by uniform, nation-wide credit policies, as specified by Regulation "W."

cr LIE

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pr Poa A 4 INA gy

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Van Camp K PIA ccceceecs 65 Van Camp Milk com

Bonds

Algers Wins'w W aR 418. American Loan 5s a American Loan Es | Cent Rte The Ch of | Citizens Inq oS | Consol Fin 1 Crabb- Reynolds. Ta vior 4s 82 &T Fl + evne ne 108

Sen

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2 “www

bill: EEE

Bad N

42-51 Ju

An Example:

Bills rendered June 1, covering charge purchases made in May (or prior) should be paid in June. Customers who do not pay such bills in June have only 10 days of grace (until July 10) before account is “In default” under the new government ruling.

wf po

0D BD pow Cot 50 5 thw CVRD Lod

sions events luxury

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When a 30-day Charge Account Is “In Default” the store must refuse to extend further credit to the customer until the default is corrected in accord with government. regulations.

“

NBII OND ~ cf fi; —

ln DD Oy “NS

fos

| Univ Leaf

GORI Gre DO 0S 9 se wo Ed

a ne ndpis Water Co Kokomo Water X Wor cs 5s 58.. ner Packing Co 4'is 49 Morris 5&10 Stores 3 50 Muncie Water Works § Ind Pu iy PL Ind Tel 4!

Pub Tel 4 Richmond Water Works 5s 57. i Trac Term Corp 81% 33% a 2g Machine | cor’ 5s 81 > sl. Sst fms, Regulation "W'" does not diminish the normal conveniences or privileges of retail store

i DUTY ISSUE CLEARS; i GRAIN PRICES RISE

p « 49 W Pa Y pf.. 58% West Auto Sup. 15, West Ait Bk Da remain unpaid. nn a 8s 3a 1 Stl a pf 60 | Dvetind it CHICAGO, June 2 (U. P)—| Ron Co. Bt Grain and soybeans futures firmed, Neoiateh * in early dealings on the board of trade today. At the end of the first hour, wheat was up % to 7% cent a bushel: corn up 3: to 5 cent, and soybeans up : to Si cent. Encouraged by reports that the executive order authorizing purchases of war materials to be admitted into the country duty free dealt with industrial materials rather than commodities, the grain market firmed to recover at least a moderate portion of yesterday's losses.

LOCAL PRODUCE

INDIANAPOLIS CLEARING HOUSE | Loew” : «$6 Hea! breed hens, full-feathered, 19e; | Lorillard “ . 13.00% 000 ara hens, 1 Lou & Nash ... roilers, 2b to 3'% lbs. colored, 25¢; white

ALUMINUM CO. TO BORROW |*"8i°80°3 Buiirrs cons lens” rrent receipts, 5¢ Ibs. and up.

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Tra 53 . Mace 00h “cent Fox. 10 by 5 per cent, although the; Foster Wheel 20th Cnt Fox pf 23 ) a ati Mr. Eastman has been unsuccess- | Gair Robt Union Carb ... 63! ful in persuading the war produc-|S® ne i Sod B Banat 8 tion board to allocate additional Gaviord Cont steel for new freight cars, but au-|Gen Baking yen Sionze locomotives probs ably will enable the| | Jen roads to meet the heavier demands. | [Sen The WPB allocations will permit| Gen \ about half as many as the roads Sen asked i ‘ n TRR The most serious shortage has de- LY llette S 85 pt veloped in passenger cars, and it|Sidge oro. | Goodrich pf A.A R. order discontinuing excur- | Goodrear to conventions and sporting Sosa and abandoning £ features BURNETT TO SPEAK Guant Sug George F. Burnett, In dianapolis| Gul if field manager of the office of de-|® MN fense transportation’s division of u.n print will speak at the Hanna 3 pf. . wi Pp Hecker Prod | meeting of the inter-fleet safety | Here Pdr ts at 7:30 p. m. tomorrow at| Her TTP the state board of health audi- | Homestake torium

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Sulphur Tein CY R T 23 ads had 26 per cent fewer cars. . Gar horities > | Ge the ies believe allocations for NeW | Gen construction of some 60.000 new cars, | Sen was responsible for the recent|Goodrich i Grevhound Hsin transport, 3 ad-Her A

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The ideal way to keep accounts in good standing is to follow the established custom and form the habit of paying charge accounts in full within 10 days after receipt of bills.

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U. S. STATEMENT

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Don’t Forget, You May Still Use Your Installment Account—Consult Your Store for Terms

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Expenses or "S60 234. 285.45 a Ww. nd 22,130.946,353.04

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THE MERCHANTS ASSOCIATION INDIANAPOLIS

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A $150,000000 increase in the indebtedness of the company has been authorized by stockholders of the

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Graded §rade A m 26c. 1 ee ea 381%: @

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minum Co. of America.