Indianapolis Times, Indianapolis, Marion County, 10 June 1942 — Page 15

ts

"WEDNESDAY, JUNE 10, 10%

THE INDIANAPOLIS

PAGE 5

NEW YORK STOCKS

By UNITED PRESS

BUSINESS

Permit Will Be Needed to Ship Grain to Indianapolis Elevators

Allis-Chal_. Amerada - Am Airlines ... 34% Am Bank Note. a Am Shoe

Am Br Shoe pt. 124% 68%

By ROGER BUDROW

AFTER A WEEK FROM TOMORROW no wheat or other dry grains can be shipped to Indianapolis for storage EE Chicle unless the shipper has a permit to do so. That is because Am

Armour D pf A hat MN an ie | Avchison — .

An TR ad

26% au

son 63% nw I pf 35% Refining . Wael

Atlas Pdr pf.. Aviation Corp..

113%

10% 3

Roger Budrow

dally

grams

scour ui

here out-of-town elevators have | bia ilities for storing, and wheat | ators “bulging at the seams.” = =

SIGNS OF THE TIMES: A

went ndage) making 21% billion 400 Some Skepticism million dollars worth. . . bank at

of the acute shortage of elevator space and because railroad A freight cars cannot be used to store wheat, as has been done/ in the past, as they are needed to haul war goods. This permit system was adopted yesterday, at the re-|} quest of the government, by a group of Indiana grain men, farmers and agriculture department officials. The plan does not prevent eleva- | ———————— tors from taking cash grain but the railroads will require a statement SAILING FLEET showing that the wheat will be] unloaded imme- | diately at the ter-| minal and that t space kas already | been obtained. nn for tne COUId Bring i Impais From first time, Indiamapolis has an| Latin America, Taylor embargo on grain, even though it is Contends. only a partial em-| ys SHINGTON, June 10 (U. P).— BE Fone bargo. A 13-man | O pf. committee will The sailing ship may once again ‘Bingor & ar a have conirol over the permits. | bring coffee to the American break- Ba rier Bros. The permit system includes not | fast table. Bath Ir Wks... a but 2. ll nd dry! Under Secretary of Commerce Bele Hem such as soybeans, which will be a big crop this year. This year { Wayne Chatfield-Taylor believes Ben Tod Joan. storage space must be found for, the use of hundreds, perhaps thou- Beth enh about 8 million bushels of wheat sonds, of little wind-powered ves- 1B a | A.... Ti lone, over and above Indiana's gels may be the answer—or at least Bore-Wamer . storage capacity for all grain a partial solution—to the problem Basnt BI Brass “ § Ds x .e hat is why the AAA is bringing =" owing out of the loss and diverorage bins from Ilinois and/Sion of some of the fleet of big is urging farmers to build | ocean liners which normally oper- | the countryside for build- | ates between Latin America and | ag whi can be converted into|U. S. ports. Sush Term ... Mr. Taylor contends that, al-| Juier Pres od tressed” wheat will get the though the small capacity of sail-| riority in shipments. That in- INE vessels would necessitate many a TackinR ludes off-grade and wei grains trips, the scheme has definite merits. it Ds - arr .e Facilities Available | Gaterpinar Bs | In the first place, | struction materials and the skilled fl “de 5S labor needed to build such ships can Chain pl --. 18 Ches & ?3-vear-old mar, retired since |De found in the islands and along Gute. ou 5p 1939, has gone back to work here |the coasts of the Caribbean sea | Se oly Co ; as a machine shop inspector for |The bulk of the coffee supplies | Such Boab a She Naty With neChanivet and would move through the Caribbean Soca Cols 4... 8 electrical engineering degrees and | es “ ‘Col & . experience in such shops as |'° New Orleans and other ull; oo) ES Duesenberg, Midwest Engineer- POTS. Sol B ing and Allison, he had know- In the second place, sailing Ves- Gol Gas & of . ledge badly needed and was hired sels are harder for U-boat com- | om pi, i : in svite of his advanced age. manders to detect. There is no tell- | com Solvents . The U. S. employment service |tale smoke trail. In the first world Somein a's office here believes that other War, the British called the sailing, Cow Saison .- older workers will be getting a | vessel back into service to replace Cons Coppermin break from now on because the losses caused by the German sub- Cony ison ot sit reserve supply of younger men A Manne campaign. { Samm oni is about gone. Writing in the official commerce Consumer Pw pt . 3 2 = = departmen publication, “Foreign, Sontainer 2% Commerce Weekly,” Mr. Taylor Cont Bak pf ..100 D \, N . y 1 , ODDS AND ENDS: Candy sales) imates that it would require over, ont Can =... 263 up 11 per cent last year (in|120 freighters of 5000 tons each to Cont Ins pou 20 per cent in dollar bring Brazil's 1941-42 coffee quota Cont ON Del. : volume (because prices were higher), of 603,600 tons to U. S. Gulf ports. | Corn in Ey sank. 30% pounds or Son Prod pf..168 i . Crane 117% . Central “We may not have that many Crane Co cv ot ss am .- Connersville has frei ghters available for importing Crosley Corp .. KH

State wn Cork ... joined the Federal Reserve system.| coffee” he said. Gown Seller ne Wr Crucible tL. - Just as the ground was broken! «put we can convoy Brazil's cof-|Cpba RR pt Chry Sel DEER, Uainkg Workers Jor to some Caribbean storage base, am =. f. Rh its new Dodge aircraft engine 1°¢ = 2% | Curtis Pub: ©. 1138 iia anc then bring it through the|cyrtiss-wr 0 614 southwest of Chicago, Which |, 1c.» toa Gulf port on an end- | Curtiss-Wr A .. 21% will out- shadow Fords Willow Run os belt of aE a 2012! > OD v o o ID ———- -“ bomber plant. . . . State Chamber of Se :

vovages of " - sailing ships.” ommerce test-letter survey showed|' ooeeos © . ia Det 8 oy ork : : ~% Taylor asserts that some people | Be & RA letters mailed third class out of Bs “vn o Shir _ have opposed use of sailing am M of... ianapolis to 21 other cities took Diam T Mot. long getting there as first ships for this purpose on the| Dixie-Vortex od > 100 tung Wa ixie Vortex a P unds th Ss s i ~ wild milkweed will | STou nds that it is almost impossible] pome Mines... 1 WaT to estimate with any degree of ac-; harvested this year, processed at : . . : ; curacy the sailing times of wind-| new plant at Petoskey, Mich. to ai take the place Of kapok (once im powered ships because of variable L A Wit ie C ) ~ Tes octet) 2 fe as wind and weather conditions, the “ p . {choice of routes and other factors. may mean a8 New crop for farmers

. British are mak- Schedule Unimportant

~ yy arnal . rica eq house panels of] «rhis is true,” he said, “but the FR + S98 Ik, flour, ce- nohlem is not one of foretelling r ingredients, mixed ime accurately. A captain who : into a mould. 5c on a voyage from New Orleans light and fire-ré- , port of Spain, Trinidad, will | estimate the voyage anywhere from three to five weeks, taking along provisions — which take up much less space than fuel—accordingly. WILL BE DISCUSSED “In the spring of the year, with -= § favorable winds, he may make Garr Edwin A. Kuecker, president of Trinidad in 21 days, but he is not Gen the Ocean Freight Agents associa-|aicturbed by a voyage of 25 to 30 3° gen Chicago, will discuss War-|gavs He gets his cargo cheaply, gen time shipping problems at a dinner from New Orleans to Trinidad, and Sen Mills © of . 126% meeting of the Indianapolis Cham-| that is the fact ‘which is valuable to Gen Motors pt ga er of Commerce foreign trade di- him and to us,” Taylor said. R RY ision at the Indianapolis Athletic Bu ®u. Sis Ca EER ah To Absorb Idle Laber ie. TT ud TOMOoITOwW night= T&R. 934 Mr. Kuecker The under secretary contends Gillette SR. Kuecker Steamship ., that the time has arrived to begin Goodrich & { a widely known authority on | construction, by the fastest means | Goodrich of... shipping. possible, of a fleet of these wooden | Soodvear pf . | vessels. Some of the work might be Gt Nor Ore ... LOC AL ISSUES {done by domestic yards, but he be- Fe Weer | br ‘ | ieves the other American Repub- Green H L : roa Air E quotations rurnished by local) lics, particularly those in the Carib-| Suant Sug pf of National Association of Securities) u Mobile &o | bean area, should be encouraged to, Sy Neh 2 Sei Bie Astitake on most of the work as a means of absorbing their idle labor! Balt im Watch and materials. Hard-w. alk In addition, he points out that, ero walk pf. | the Caribbean is the Western Hemi- | Ho m.. | sphere home of the sailing ship. Holly Sug .... | The shipbuilding craft has been Homejake ,-

Hore Sound osx] *| handed down from father to son for OPE Moor.

uge

plant

Decca Rec nt & W

| Du Pont pf ... | Duques L. pf ...

East Air Lines. East R Mull ... East Kodak Elec Auto-L ... 26} Elec at ElecgMusic Ind El L $7 pi. ~ u Flee. St Bat .... 313 Erie 5 Erie ot Erie pf A Eureka Vac

23% 2%

prefab wood

an/ au

Ped L & T Fi

Firestone T Firestone pf A Hmthon ; Flore St Food Pach

WARTIME SHIPPING

9 bk pt C09 pot Cf CODD IND ~T Iga daa CRE Sr

Robt ‘i Wood I

Am Tr Cable of Cigar ~ Hectic 29%

Ww NOR

aC Tb FC

0 et 103

£ ol

finn Weil

| Gen gen Sen

“ w

NaN aan

iS

CO af bt a] hn

OP LG op

of py

bbs-Merrill com Robes Merril a 2% Circle Theater com a Comwlith Loan 3% oh..... Hook Drug Co co f : Home J mn Wane 7% pid.. Ind fd

2 3

Class A com... Co 5%% pfd.... Life Ins com..... Serv 527 pfd.. Serv 5% pfd es 2% phd...... undry com. ......

bf pod pd oa

In Times Special Intertype

LAFAYETTE, June 10—Indiana’s farm product price index declined last month for the first time since Pearl Harbor. The decline, reported by Purdue, was only half a point and the index on May 15 was 1551, using the years from 1910 to 1914 as 100. The Indiana index decline was contrary to the national trend which was upward, two points to 152. The purchasing power of Indiana farm products on May 15 was 102 or two points above the “parity period” of 1910-14 and one point lower than a month ago while the national farm purchasat 100, on)

121; | generations. Scattered throughout | . Stl 78 | Intercon Rub . u Int | Int Algers Wins'w W RR 4s 4) i 26% Cent 3 Neniran Tr Sas 43.51 ... Consol

"18% | the Caribbean islands are little ni Central =» | the other facilities needed to under- nosh cis Md. = 9 % 3% | nt Business M. 113% Int 82t State Farm Index @ Int Van Camp Mi American Loan 5s a Ch of Com Bldg Co 42s 51... 75 rath. Rernolds Tavlor

8 | shipyards, marine railways and all mg Sayon em take this enterprise. | Int Mi S8 IR Has First Decline & & a as Irs ec he Int Shoe int American Loan Citizens Ind Te 4%s 51 -108 Ss 8

Se ab Tel 4%s 55 Richmond Water Works Ss 5 195 Trac Term Corp 5s . 81% S Machine Corp 5 *Ex-Dividend

HEN TURNS CARTOGRAPHIST WYNONA, Okla. (U. P.).—A hen belonging to K. C. Coleman laid an egg, which he says has an almost perfect map of Australia and New Guinea on the shell

I

pi

- pd pk £3 OO

ld ANID hapa pt DUNNO 1D OWI dn a . p I “Jats a pang BB 2,50. aa ’

ft Bi a hn OF 00 CY 7 <1 C8 GY uy ea 6 op Naas ed aNd

dad Pt 9 pt pt Le

a

% | Parke Davis ..

2 | South Pac

ft © “om

1 '

Vij

BD hk pk C0) pt 04 H+

BD bt ph OLY pt Cs)

| Q |

add ERS lo Nea

w -

Lith

Tn TDD be

ov a eantag adie 2] “ & or > ft HA Hb) Sapp] BOM <1CN IRI it -

aE

ose Gs ~N = ft |p hn ay \ - » &a

il;

Th 0 « SEER

wn

[14]:

CO Dy pa wd lOO

py

wf « OO pt <1 COCO pt i | hn

7

0 p= LR —r on a CEB ES aaa RRs

Oh = 13 03 By wloB3i3s + yn

ARRRERE™

FEE

a

<1 om

FH

Fad

fib

SaSani a

land 0 «10 kn Ag

»

[44005

Ta 262

Ii 4: +

4 TEE XE ae

. . ‘

HL]

. . .

4

oo Preis

- oem ea

ol

or »

“ oo

ve | Telautogranh

>

a!

4

«| Markt S R

Miam : Midland NS pt.

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS . 105.09 Week AZO ......vvvveonnness T0215 Month ARS ....c.ivvvvresne, N21 Year Ago «ese 122.18 High, 1942, 114.22; Yew, 92.92, High, 1941, 135.59; Low, 106.34. 20 RAILROADS Yesterday ........ose Week ALO ......eoevve Month Age .. Year Age , High, 1942, 29.01; Lew, 23.31. High, 1941, 30.88; Low, 24.25.

—0.46 +085 -—1.35 +0.29

23.70

High, 1942, 14.94; Low, 10.58. High, 1941, 20.65; Low, 13.51.

High Low i 8% Marshall Fl . 9% Masonite Corp . 25 Mathieson May

McIntyre Pore . McKes & Rob . McKes & R pf.1 Mead Grp “es 6

nge Mista, Mach ...

Minn-Moline .. Mission Corp ..

pt. Aviation. . Biscuit Bis pf....155 Cash . Cyl Gas... Dairy . Dept St... Distlilers

{+} ] Tis

[4] 4: a

Paramt_ Pict ..

Oy - oe

{1

Penney Penn Gl Sands. nn R R

Fddadd

yer wo

[ A “

Phillips Pet ... Pillsbury Pitts Ck & Ir of 6

|

oo

_| Eosiat Tel pf ..

Purity Bak ®

| Socony-Vacuum {So Am Gold. . zs So Cal

| Sule hia Onl...

wi rr ntl

3% | Timken R B. 3 | Transamerica. 1 | Sic

Pitts Stl 5 pf .

Press S¢1 Car ..

bide]:

Pure OS pf ..

+

Reading - Reading 2 pf... Rem Rand Republic Steel. Revere Cop ever 1

Revn Reyn Met Reyn Tob

ph oY oy pk pbk BAN HEN RN Be

=

St Joseph Lead. Savage Arms Schenjey Ds

nd

pea BY put md £3

Ct BI pee

Hn 1 on wT pt

AES Se i EN 0g 1D AD bt pk C1 Gaia a

led]

1 Pd DOP ND DOWN <I rt BCD

Southern N Gas

19 a

South Ry f. parks Wit Sperry Corp. . Spiegel BC ptf Squ

Oh, hy WBE a

REARS EARS #

2 o

Sun Oil . | Sunshine Min. . Superhtr .

| Superior Stl . | Swift & Co ....

Corp ois

122 cents a common shore vs, loss $832 last year;

Net Last Change 13% —18 153% —s 25%, .“ 15 % 1 Ya Vg 1a 3 1s %

71 or 13%

+ + + oJ

19% ha 19% 11% 6812 29%;

Yale & T .... Yellow Tr

20% for wees 1234 12% 123g vad V8 1% 17%

TELEPHONE STOCK SLUMPS $4 AT N.Y.

NEW YORK, June 10 (U, P).— The stock market steadied in afternoon trading today after a morning decline of 1 to more than 3 points. Weakness in American Telephone which, at its low, was off 4 points, unsettled the list. Steels, airline] issues, electrical equipments and tobaccos had losses ranging to 2 points. By 1 p. m.,, some of these losses were cut in half. Westinghouse Electric came back a point after selling at 70 off 2.

OTHER LIVESTOCK

CINCINNATI, June 10 (U. P.).—Hogs - 2850, active; 160 Ibs, up 15¢

; 160 $14.05; 150- 160 1bs., oy 50; Los; sows, $12.2

ine) ts, 525, Calves—Receipts, Steer trade almost nominal, medium to , $12.95; 922 1b. mixed steers and heifers, $12.95; yearling heifers weak to 15¢ lower; 80 1b. good to choice heifers, $13.50; yearling heifers, [email protected]; common jum slaughter steers and heifers, $10. voall 50; common and medium beef cows, [email protected]; canner and cutter Sammon ans medium bulls,

weig' Sausa e bulls Ny Bulls, [email protected]; to weak; exireme top,

Nght

une

s $7@9; [email protected]; and Jightweight vealers steady $14.50 paid 3 choice weights; bulk good to choice, S13@14 common and medium, $10.50@13; $9.50 down. Sheep-—Receipts, 500, ol ring lamb market stronger Dut ne: market steady. Few sales, $15.25@ 5.50; bulk, $15 down; to Chouce Spring lambs, mediu $11@ $10 own: fat A euenter Li@1s fat bucks, $&¢ down.

FT. WAYNE, June 10 Ten cents higher; Ibs, $13.95; 180-

"$6 down

(U. P.

} 280-300 Ibs. ' 350-400 lbs. : 140-150 1bs.. > 100-130 lbs.. $12. 11.50;

‘calves, ; Yearlings,

$10.50;

LOCAL PRODUCE

Heavy hreed hens, full-feathered, 18¢; Leghorn hen roilers, 2 to 3% Ibs, colored, Sees white and barred rock. 25¢; oe Jie All No. 2 poultry 3 cents 1 Rh DQYENS receipts, 3 . and up,

Graded Eggs—Grade A, lar ree, gate A medium, 28c; grade ay 6c: no grade, 26¢c. Butter—No. 1, 3912@40c; No. 2 38@ 38'zc; butterfat, No. 1, 35¢: No. 2, ' 32¢. (Prices on produce delivered at [ndianapolis, quoted bv Wadlev. Co.).

Incorporations

Knox County Purchasing and Marketing Assn, Vincennes; no capital stock; Robert Sangle, Levi Chambers, John Staser and others. Rambusch Decorating Co., New York corporation; admitted to Indiana to enra 38 painting and decorating business. ociated Roines Emmerich , Inc. 4054 no capital Knox, d A. Gardner, Frederick E. Schortemeier and others. Wm. E. Mick, Indianapolis; dissolution.

x the Indianapolis stoc

15-CENT GAIN MADE BY HOGS

Top Returns to $14.15 as Receipts Sag to Only 6385 Porkers.

Hog prices advanced 15 cents at kyards today, according to the agriculture marketing administration. The top returned to $14.15 for good to choice 220 to 240-pounders. Receipts included 835 cattle, 608 calves, 6385 hogs and 339 sheep.

HOGS (6385)

Good to Choice— 120- 140 srervsanese 310.65 “essane 13.15 .00

veeasenees 1X

oe £2o se ow.

seen

S25 883233

“nn NnBhannL

‘eaune L lt0aiens

FR 220 pounds vvee [email protected] Packing Good and Choice— 3 300 pounds pounds pounds

pounds pounds pounds Medium— 250- 500 pounds Slaughter Pigs

Medium and Good— 90- 120 pounds

CATTLE (845)

Slaughter Cattle & Calves Steers Cholce— 750- 9 900-11 pounds 1100-1300 pounds 1300-1500 pounds

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

creerssnanss [email protected]

.. 12.50@ ns

Good— 750- 900 pounds

1100-1300 pounds 1300-1500 pounds Medium -—- 750-1100 pounds 1100- — pounds

13.75

ceevesevaves 11.506 12-50 [email protected] Com!

750- T100 ) pounds saneee “esas [email protected] Steers, Heifers & Mixed [email protected]

Saaeruen eres 12,[email protected] Heifers Chot

CO 750- 900 POUNAS ...veveenenss [email protected] Good— : i 900 POUNAS .ceveesneesss [email protected] 500- 900 veenressssess [email protected] [email protected] [email protected] 00@ 9.75 7.75@ 9.00 8.25@ 9.75 Bulls (all weights) (Yearlings excluded)

csanessees

Cholce— 500- 750 pounds

Good— 500- 750 pounds

mon 500- 900 pounds

Cows (all Welnts)

Beef—

GOR... .....vsveveriasesvesesy [email protected] 2 USARS=— *gond . 18. 50@11. » Medium 9.75@10. Cutter and common 875@ 039

CALVES (608)

Vealers (all weights)

Sood and choice Common and medium Cull Feeder & Stocker Cattle & Calves

Steers

Cholce— 500-800 pounds 800-1050 pounds

Good— 500- 800 pounds 800- 1050 pounds Mediu 500- 1000 pounds Comm 500~ 900 pounds Calves Good and Choice— we pounds down

«. [email protected] + [email protected]

cesrannanaes [email protected] viessseesass [email protected]

cesvenssnses [email protected] [email protected]

12,[email protected]

down [email protected]

Calves Good and Choice— 500 pounds down

edium— 500 pounds (heifers) “avrae voee 11,[email protected]

Indianapolis Saengerbund, Indianapolis | Med

amendment changing name to Indianapolis Saenger Chor.

BUSINESS AT A GLANCE

By UNITED PRESS Applied Arts Corp. 1941 net income $88,582 equal to 89 cents a common share vs. $88,507 or 90 cents in 1940. Dominion Textile Co. Ltd. Fiscal year ended March 31 net profit $1,546,624 equal to $5.22 a common share vs. $2,034,146 or $7.03 in preceding year. Elliot Addressing Machine Co. 6 months to April 30 net income $231,515 vs. $125,810 the preceding year: net sales, $1,951,058 vs. $1564 548. Lukens Steel Co. 24 weeks to March 28 net income $997,080 equal to $3.04 a share. Ontario Silknit, Ltd. 1941 net income $120,703 equal to $1.26 a common share vs. $91,286 or 53 cents in! 1940. Pacific Coast Aggregates, Inc. March quarter net profit $123,907 or net sales $997,325 vs. $530,848. Sylvanite Gold Mines, Ltd, 1941 net income $883,803 equal to 27 cents a share vs. $750.522 or 23 cents for

edium— 500 pounds down 9.50@ 11.50 SHEEP AND LAMBS (339)

nine months to Dec. 31, 1940.

Ewes (shorn) Good and choice | Common and choice Shorn Lambs | Good and choice [email protected] Medium and Food . we 10,[email protected]

CHICAGO LIVESTOCK

Hogs—Receipts, 10,000; JL active; 5 to 15 cents higher; top, ood and choice 180-330 oe) ulk 160-180 1b, averages, $13 Hal bulk 400-550 1b. Sows, ad @13. 75, few lighter

Weights $ Badd 90. i 1000, Late Tuesday--Spring P lambs and fat sheep strong to cents higher; shorn lambs steady; bulk good and choice native springers, $15.25 @15.50; buck lambs discounted $1; fat medium ewes, $6.75; medium to good Som lambs with No. pelts, $12.35. Today’ tage All classes strong to 15 cents high er; bulk, good and choice native sprin a with light short, [email protected]; Pou lambs discounted; $1; small lots Shom lambs with No. 2 & 3 pelts, $13.50 down; choice li htwelght, fat native ewes, $6.85 bE small lots, $6.50 down CRs RectiDts 9000, calves—Receipts, strong;

1000. Fed and yearlings oa $12. Soa medium

$ Ne 6.00 4.00@ 5.00

14. 50 trade; wit broad demand at $12 , $16.50 paid for from Nebraska; several loads, heifers steady; choice weight Bans $14.25; cows weak; cutters, $8.85 down; most fat cows, [email protected]; bulls 10 to 15 cents higher; weighty sausage offerings to $12; veslers 25 to 50 cents ower; mostly, $1475 down; few choice, $15.

WAGON WHEAT Up the close of the Chicago today. gp I B flour mills. and elevators paid $1.05 per bushel for red wheat (other grades on their merits). No. 1 vellow shelled corn was 8lc bushel and No. 2 white shelled corn, 88c; No. 3 white oats, 50¢c and No. 2 red oats, Ee.

(2)

LT

Tex® Suit Prod. Tex G Sul. . Tex Pac L T.. Thermoid .... Thomp Star .. | Tide W A oil. k-D Ax .

| Union B&P

owe

- =

Union Carb ... U

3g Biscuit PE. 10% Carbon .... 44 United Corp ... United Cp of. 12 Un Ens&idy.. i Fruit . 33, Un G ‘ Mer & Mis. 13

en en

a Alcohol Us Loh pr i Pipe F. 35% Pav arg. 267s Rubber . 18% Rib 1 of.. os : Seal Bf. es Us 0! varie. 19M Univ Leaf T .. 47%

a. ul of. 18 2

32

bil |;

LELLEEE #0

rginian Ry Vultee Aircraft. Waldorf Sys ... Walworth ..

Wayne Pump...

PITT

INSURANCE

15

11. BEY!

LOW INTEREST—Save 2% to 3% interest on present or contemplated indebtedness on your policies. Simple procedure, intelligent co-operation. No charge except interest. *Except Industrial, Fraternal ond Government? policies.

YOUR INQUIRY IS INVITED

BANKERS TRUST 08,

I

for Fun and Music

Listen to

Jack Berch and his Gang

Tuesdays and Thursdays

at

Market | § Fa 3

er | 3

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 Ne. Date Bid Closes

3813) SPS-—Sestwond Lumber: 2123- Sida: "Peach; Preserves:

ricot, Strawberry 2124 EPRSR: ground alum; table, Type

2195-51 Vinega 2126-SI VADOTS rated, un 26120 ale jlutomatie ei vertical pendulu 1 26121 is, wisi, to be m from bottom hen a BY Xo ihickness, two ply; bara 1} 1 26123 “3es “aachines Melding, portable olt eezer; Portable Jar-Ram,

ee Polishing Machines, resses, abrasive cut-off ma-

chin Class 51 Sup. 5—Acids, Chemicals and Dru for the neTind Aug. 1, 1942 anuary 31, 1943 NAVY DEPARTMENT

Sch. 208 Meats: Bacon, Beef, Chicken, Ham, Lamb, Liver, Luncheon Meat, Pot Sausage, Turkey, Veal Sch. 218 -Fresh Fruits AY Vegetables: Apples, Bananas, Berries, loupes, Cherries, Gra Lemons, Oranges, imes, elons, Peaches, Pears, Pineapple, Plums. Tangerthes, Watermelons, Art: chokes, Beans, Beets, Brocolll, Cabbage, Carrots, Cauli iflower, Celery, Corn, Cucumbers, Eggplant, Endive, Ghicory, Qaille, han. Noli Rabi, Le s, Onions, OKra, Jee. Peas, ete.

HOUSE REJECTION OF BILL HELPS GRAINS

CHICAGO, June 10 (U. P.).—Grain and soybean futures scored good gains in early dealings on the board of trade today. Wheat was % to 1 cent a bushel higher at the end of the first hour; corn was up % to %; oats up % to 12; rye up % to 3%, and soybeans up 3% to %%. News of the house rejection of the senate amendment providing for the sale of 125,000,000 bushels of wheat for food purposes spurred the upturn. The action, however, served only to prolong uncertainties over the eventual outcome of the measure,

U. S. STATEMENT

WASHINGTON, June 10 (U. P.).—Government expenses and receipts for the current fiscal year through June 8 as compared with a year ago: This Year

Expenses $29,078, uo 201.75 Spnd 23, ,384.84 . 10.8 540, 80 , . 18.4439 % 2,188,396, ob 425,983 4,562,292, 3 716, 164,

Jun Douglas 1 Pine15

to

Last Year $11, 627,536,217.47 5,719, 9

9.05

7,38 8 152.70 084.56 8

4.79 ’ 1s 48 54,866, 13.90 22)587.335.616.95

Gold Res INDIANAPOLIS CLEARING HOUSE

Debits

DAILY PRICE INDEX

NEW YORK, June 10 (U, P.)— Dun & Bradstreet's daily weighted index of 30 basic commodities, com=piled for United Press (1930-32 average equals 100): Yesterday ...covevivverivesee15409 Week Ago sTivETener Evers 15838 Month A80 «...coivviversese 15746 Year Ao ....vvviverveiaveee 137.33 1942 High (May 9.c.eeeee...158.34 1942 Low (Jan. P.c.eeree.ss.151.54

"Views of

CRITICAL MATERIALS

BANNED FROM BULBS.

WASHINGTON, June 10 (U. PJ. |

—The war production board has re=

stricted the use of critical materials

used in the manufacture of electric light bulbs, effective July 1. The action, however, will not curs tail production of the bulbs theme selves, officials said, because other metals will be substituted where

e | necessary.

The manufacture of Christmas tree, advertising, decorative and dise

: play lights will be prohibited, howe

ever. An original WPB order cute ting their production in half. After June 15, blackout lamps may be made only if they have a suffie ciently high priority rating. Officials explained that a number of these lamps now being made are ine effective and the action will restrict production to those approved by the armed forces. WPB also rewrote its order ree stricting the use of transparent plastic wrapping materials, adding rubber nipples for babies’ bottles to the list of products which may not be wrapped in cellophane. The new order, covering all cellue lose sheets up to .003 inches in thickness, also prohibits wrapping of candy products and chewing gum except where used as a protection for the product; animal foods; wine down cartons and carton overwraps where used as a protection for the carton rather than the product. Cellulose caps and bands also were forbidden.

FRANK HOKE HEAD OF DISTRICT WPB

Frank Hoke has been named mane ager of the Indianapolis district ofe fice of the new regional organizae tion of the war production board, it was announced today. Formerly, Mr. Hoke was state dis rector of the contract distribution branch of the WPB in Indiana. He now supervises former branch offices of the contract distribution branch in Evansville, Ft. Wayne and South Bend, which have been converted to WPB branch offices. The regional office for the WPB is in Chicago.

INDIANA COAL PRICE INCREASE IS DENIED

WASHINGTON, June 10 (U,P.).— Acting Director Dan H, Wheeler of the interior department bituminous coal division today denied requests for temporary minimum price ine creases in Indiana, Kentucky, Illie nois, Towa and Colorado coal fields, Colorado producers asked a 15« cent per ton increase and the others

sought boosts of 20 cents a ton to .

give them immediate relief from changes in production costs. Rew quest for higher minimum prices in the Midwestern fields was based on higher production costs in Indiana mines, Wheeler said, and these could not be applied to Kentucky, Illinois

and Towa coal fields.

the Ne

ay

%

with

Gilbert

Forb

6:45 P. M.

ondays, Wednesdays and Fridays

A fs