Indianapolis Times, Indianapolis, Marion County, 24 June 1942 — Page 14
NIN A YT
WEDNESDAY, JUNE 24, 1042 Assembly Line in a Bomber Plant
PAGE 12 THE INDIANAPOLIS TIMES
BUSINESS NEW YORK STOCKS
By UNITED PRESS Despite Higher Wages, Labor Cost iit
Last ONE, | DOW-JONES STOCK AVERAGES Hen iow 30 INDUSTRIALS U S Steel pf .108 107% In Steel Industry Is No Higher By ROGER BUDROW
43 1 |Yesterday 40.26 Univ Pict 1 pf.153 153 293% Ya | Week ARO ......coeivenees.. 106.20 +178 We “ry, [Month ARO ......coovevee.... 10109 41.68 Jan orn) Moh 7% TV Year ABO .....uuniionnn "a nvel +0.28 Valteo: Aircraft. 6% 8% High, 1942, 114.22; Low, 92.92. te High, 1941, 133.59; Low, 106.34. Wabash of wi. 2% 20 RAILROADS Yesterday ........ : -* T - - 7 A Week AZO ......sovevnnnences THE STEEL INDUSTRY FREQUENTLY sends out A figures to show how much labor costs have increased in recent years. This is done especially when labor unions are Am Toe asking for higher wages, as is the case now. But theirja figures tell only half the story. The Twentieth Century Fund, established by the late A Roll a: y 3 : Wear BBD ..iiioisessverenyess TONS : : : : » 1942, L , 10.58. Boston merchant, Edward A. Filene, asked Frederick H.|Am Seating ... 8 5 +... Hah 15 20 a ude Harbison, an economics professor at the University of Chi-|{32 34 Fdies--y dAm T cago, to make a thorough study of steel labor costs. What Am Tob - - . - Se he found is surprising. Am Wat W 1 pf 2:2 In spite of the higher wages now
Am Woolen of. paid (average hourly earning of al steel worker is 97 cents), the labor NAZIS CONTROL cost of producing steel was just the
same in 1939 as it was in 1936. Bear in mind
esesne.
»
BIO «30 UY hu &
Airlines 40.15 +0.16 40.32 +0.24
ae
Distil Year Ago High, 1942, 29.01; Low, 23.31. 3 High, 1941, 30.88; Low, 24.25. ¢ x €55 15 UTILITIES Ma cha-Fdy 3 ? g 1 Purl . Uh weies : Yesterday ....coceeeveen 11.% P&L 6 pr; Week ARO .....cieeeeneestiia Jo Pt 5 tA MONth ARG ...ieiiesssaraiees 11.49
9 on oor
Ld ug CON bt BI —
WO a (0 = oa
Westing El .... Vestvaco pf ... Villys Overland 1son Co
Vi 2 “- Noolworth .... 26%
Yellow Tr ..... 10% young Sheet .. 29a Te
Zonite
—2.|OALL ‘SPONGE’ IRON mE BE Sy PLAN IMPRACTICAL
There were many who said this wasn't possible But here it is—bombers moving along a production line in the North American plant in Dallas. Thus assembled as autos once were, the planes are built in tens of thousands against a few hundfed not many months ago. Big ships move backward on this line for greater working convenience,
Distillers
3.09
La RR a
3
jicCan ag . 10 32. Armour Ill pr pf 3 Nore Be. o5 5 Minn HAY -.... a 381% day in reply to claims of two sena-Minn-Moline .. 24 tors that processes to make “sponge” Aviation Corp .. NISSIOh Comp ub” 2 45° i. liron have been suppressed to proiiclaimed there is a new, different] sponge process of making iron directly from ore that would cut the a minute if we could save that much money,” a steel producer declared. é . 2 men nd wa ons rea BIG BLOCKS FEATURE Hog Prices Are Unchanged .|and the United States Steel Corp. o rices re nc an e / . ® TRADING IN STOCKS| Top Remains at $14.50 Here
Marshall Fld 2 9% 94a — YW Martin (Glenn) 183 ! 181s — 3 4 wu PITTSBURGH, June 24 (U. P.) — mr + "previous efforts to make iron from Armstrong CKk.. 2 M & Rob . 1 > Atchison 33% 33 “ve Me > 3% 3 Monsanto 5 Mont Ward ... 5 28% tect the blast furnace production of pig iron. cost of producing pig iron by $5 a ton as compared to the present in recent years attempted to develop a sponge iron process whereby NEW YORK, June 24 (U. P.).— H ri evnained: woud Sted lites og prices remained steady again| Medi 21000 Pounds ..uvevenss 105081178
> WE AIO 4 DBI a re
-
that labor boosted its wages 25 per cent, on an hour- . ‘ y | Bald Loco ct .. ly basis, in. that Reich Usurps ‘Playground Bi § Sh = period by negoti- gs Bangor & aol 8 + 08iNash-Kelv .... : phalt. m . ating better con-| Of British and French [Ramer Atphart- 24 58 3 I [Nar pome, Beatrice Cr. .-.. 4 y Ca Res: tracts. C it li t Beech-N Pkg .. 1 The reason that ap! alists. fendix avn hee es O 0 the real labor . Beth Steel . y P! 2 i i cost in the steel] By PAUL GHALI Boeing Air industry did not { Copvright. 1942. by The Indianapolis Times Bdgpt Brass ... Roger Budrow , and The Chicago Daily News. Inc. Briges Mig. ..... 18.4 increase, although | BERN. June Si. From fina |B rus BE 7 pf. 10812 wages did, is because the steel com- | nancia | Budd RL SSR 1, panies improved their methods. {notices in neutral and German| |Buliard, op 15% . riingtn P Industrial engineering depart-| newspapers, comes the revelation| Bush 1 B pf... 22% > - erm .... « ments neck cir Ra clever Nazi infiltration into the y ods that ha een tolerate 0 B ao ¢ alkan banking wor lumet & : Ws vy =p analysis and classification were used. | g world, practically; Calumet & H.. 3 18% Otis Steel .... Si / Otis Stl cv 1 ‘pf 53172 83} ut Marine. 20 1934 Owens Ill Gl.. 47% 47% 4 —y-
Employees were hired and trained] amounting to the conquest of the/Can Pacific... 2
more carefully. The net result was| markets which were once the fa- Case RTT 21
Masonite Co 25% + Mathieson i 2 21 3 the “sponge” method have proved AsChison Df -.-: 8354 Svat ik I ren & Min .. 26% % 26% impractical, steel men indicated toBALKAN BANKS Atl Refining ... Miami Cop .. 5 ; 5Ya Atlas Corp pf .. Atlas Pdr 45 a | Mor & Ese s | Motor Whi U. S. Senators Harry S. Truman and Joseph C. O'Mahoney have blast furnace method. “We'd scrap our blast furnaces in 4|iron ore simply would be put into a furnace and heated until it be-
that the 25 per cent increase in|vorite “playground” of French and Celanese
hourly wages was absorbed by more efficient production methods.
British capitalists.
Cent Aguirre .. Cerro de Basco 2
This infiltration takes the usual|Certain-teed
Das gs & El 1873 T & T ot. 140%s + Tin C
Pac Finance .. 143% 1
came metal. Objections to sponge iron, steel men said, are that it oxidizes too
Stocks fluctuated irregularly in quiet dealings today as traders awaited further war and tax developments.
today at the Indianapolis stock-|
yards, the agricultural marketing
oo 500 900 pounds
Calves (Steers)
Good and Choice—
Certain- Fey pf 5 9% . 12
Packar Fan administration reported. . [email protected]
Meats pounds down ed 500 Pounds down Calves (heifers) Good and Choice 500 pounds down ..evi...en [email protected]
Medium— 500 pounds down [email protected]
SHEEP AND LAMBS (459)
Ewes (shorn) Good and choice $ 3g 5 4.00@ 5.0 [email protected]
easily and a very rich ore is, re- Action of the house ways and quired. There is also a problem of mn Se ways The top Was $14.50 for good to . removing impurities from the iron |means committee in tentatively b $ &
ore. approving a wiotion to make posts choice 200 to 220-pounders. Sows war refunds to all excess profits sold from $13.50 to $14. Receipts intaxes collected over 80 per cent|cluded T7029 hogs,” 1335 cattle, 763 POST-WAR BANKING brought mild demand into the list|calves and 459 sheep. 5 at the opening but follow-through SYNDIGATE STARTED support was lacking and prices later flattened out.
& {form of wide-scale purchase of | shares formerly held by banks and & AN SOS from Purdue: Seventy- |,,,;51.)s now in occupied countries, ol RIS
five men are wanted as inspec- | together with the foundation of] Clark Ea
tors at Indiana tomato canning : Climax Moly C6 3 new, German- k: 5 plants during August and Septem- | financed local banks. | Cluett Pea 2
: France, it rs, is Colgate-P-P ber. Reason for so many inspec- | ____~ __. A ie of the |; Broadcast 4 | main victims of these tactics. Two Col Broadcast tors this year, says Purdue, is that | SOE aca, B most of the tomatoes will be sold | months ago the Dresdner bank pur-|col Pictures ... on a graded basis. A school for chased 16 per cent of French holdinspectors will be held at Trafal- ings in the Hungarian “German|Com Solvents...
oft: So
Jiptt | es’ wa
OBO a
@o"
SICOBIEAI Es eaBIRE bE
Phillips Pet ... Pillsbury Pitts S &
HOGS (7029) Good to Choice—
Commen and choice Shorn Lambs ood and choice
gk
Di <1 Oy =1 DC x] 5
8 gar the first week of August. | credit bank.” Now the Germans|comw & Sh i. 35% 2 = =
[control this important Hungarian
Comwlth Edison 207%
Cong-Nairn .... 141%
| banking house, three representa-|Cons Cobpermin 41% Cons Edison . 3
ONLY MAJOR CITIES in Indi-| tives of the Dresdner bank occu-|Cons Oil .v...., ana whose stores did a better retail pying former French seats on the|Sons RR Cu pf 3%
business in May this year than May | governing body. last year were Ft. Wayne (up 4 per| . cent) and Evansville (up 1 per cent) Started in 1941 and Michigan City (up 8 per cent).
In Slovakia the Union Bank of | &
Cons Coal pf.. Container
Copweld Steel
All other major cities showed a Bohemia has been reconstituted Corn Prod
485% orn Prod pf. . 167
decline, Muncie’s 15 per cent being| wit}, 5 capital of 50,000,000 kroners, Crane Co
the greatest. Figures are those of} the U. S. commerce department. = = = PROOF THAT the paper shortage must be over: The office of CJtrman financial control. emergency management (Wayne | more, the Dresdner bank recently | Coy’s Washington job) today sent
ane Co cv pf. Bid
{ provided entirely by Creditanstalt | ES Wht
RR. pf -.. a
[Cuba of Vienna and the Bohemia Bank Cub-Am Sug ...
-Am Sug .
| of Prague, both of which are under] Gant Pub pf
iss-Wr
cu “ve Further-| | Curtiss wr ALL, {Cutler-Ham
| was authorized by the Slovakian Beers Wo
&
in a large manila folder contain- | government to open a new branch | Det Edison
ing an “advance release” of last | in Bratislava. week's “summary of war business” German infiltration for publication day before yesterday. And that big folder was used to send only one typewritten sheet of publicity, late at that. = = »
AND ENDS: Cotton
{of 1941, when the “Allgemeiner | | Yugoslavische
creased its capital.
ODDS
| Dixle Vortex A Doehler D Cast.
nto Yugo-| | Dome Mines
ont
118 4 | slavia dates back to the beginning | Du Pont »f ... 122%
EE
0 Ton vy ... |East Kodak ...130% 1283 Bankverein’ East Kedak pf 5 172
Eaton Mfg At that time mi", 6%. 25 | the Nazis were putting pressure on, | Elec Boat
10%
Pwal, $6 pf 20%
is| Regent Prince Paul to join the axis. | |F] PwaL 87 pf. 231% 9
B'S ....
boctal T.0f ... Procter & G ..
{Pub Serv
Pub Serv
Radio K Or ... Rayonier pf 1.) Reading _ 1 orl] Revere 7 of. Li Reyn Tob B Richfield on
Safeway 5 pf...104% Savage Arms .. 11 Seabd Air L pf 15
Ek -
BIBI HARI 1D ~30 1 oy
Sears Roebuck. 527 7 4
outh Nat Gas 0. outh Pac 10 outh Rv pf . . 24 Spiegel Tne pf..
Superior Oil ... Swift & Co ...
eo) Lett:
stealing customers from burlap, big| Prince Paul finally refused but the | Eng Put { Viennese Creditanstalt used the cccasion of a monetary rapproche-|Evans Prod iment to buy holdings of the Belgian Societe Generale, thus becom- | fad 0 £8
Indian export stymied by war. . .
Experiments are under way to make;
Erie ct .... Erie pf A
a
BRD DOOPRID He folly
ajardo Sug ..
2 Inomp Star of. 94% Tide A Oil..
83%
VICHY, June 24 (U. P.).—A syndicate headed by Gen. Count Aldebert de Chambrun, Washingtonborn descendant of Lafayette, is inviting American banks and business firms to participate in an international credit bank which would pool American, French and German capital for the post-war financing trade between the United States and Europe, the United Press learned exclusively today. The plan, still in its formative stage and now being circularized, states that control of the proposed bank would be in French hands and that its capital would be about 30,000,000 francs (only $600,000 in
the present franc). According to the circular the bank would be financed to the
a extent of 45 per cent by French
banks, 20 per cent by the Ger-man-controlled Berlin branch of
*I Dillon Read & Co., New York in-
vestment banking firm, and 35 per cent by French industry and American banks and business firms. It states that the French Ford Co. and the International Business Machines Corp., as well as several
American currency on the basis of|
Turnover of big blocks in a few| 120- 140 pounds
issues was the outstanding feature. Atlas Cerp. preferred opened on a plock of 6000 shares at 48%, up %, and in the second hour blocks of 6400 shares of Anaconda at 2415, up %, and 5000 shares of Kennecott at 27%, up %, appeared on the tape. In the third hour, a block of 2500 shares of N. Y. Central changed hands at 63%, off %, and equal to the 1942 low.
GRAIN AND SOYBEAN * FUTURES IRREGULAR
CHICAGO, June 24 (U. P.).—Grain and soybean futures developed an irregular price trend in early dealings on the board of trade today. Wheat was !% cent a bushel higher to 14 lower at the end of the first hour, corn was unchanged to 14 lower, oats unchanged to % higher, rye off 3% to 7s, and soybeans 14 to 14 cents higher.
U. S. STATEMENT
140- 160 pounds ...
Siedium and good
160- 180 pounds 200 pounds 220 pounds 240 pounds 270 pounds 300 pounds ...... 14. 300= 330 pounds ....ee.ee0nns 14.30 330- 360 pounds ceaen.. [email protected]
Sabnantas )399909999 -
Medium 160- 200 pounds ..... Praiien [email protected]
Packing Sows
Good and i 0- 300 pounds 300- 330 pounds an 400 pounds
Goo 3000 “200 pounds 400- 450 pounds oe a wi pounds cessesens
sreneranenies
Boo. "500 pounds Slaughter Pigs
Medium and Good— 80- 120 pounds
CATTLE (1335)
Slaughter Cattle & Calves Steers Chol 780n $00 pounds 900-1100 pounds . 1100-1300 pounds .. 1300-1500 pounds
Good— 750- 900 pounds 900-1100 pounds 1100-1300 pounds . 1300-1500 pounds . Ni50-1100 pound 1.50@12. pounds see Li pounds "eed i 50@12. 8
3 Closely sorted
0 Invitation 5
C0110 1 pounds
Steers, Heifers & Mixed Cereus vee. [email protected]
Cholice— 500- 750 pounds Medium— 500- 750 pounds
veers [email protected]
Spring vale [email protected] . [email protected] 13.00 14.50 . [email protected]
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.
Good and choice ... Medium and good
BIDS WANTED
ARMY MISCELLANEOUS Date Bid Item Closed June 26158- Frs-Sonto lwnher: Southern 0, 1 shortleaf dimensions; Ris: ho dried: Sominal sizes: 2’ x 4§ x 2” 6’ 6’, No. of pieces—100; x8 X e, 2 x10" 16’, X 16-2100 pete southern pine; finish Save and better: kiln dried; 44S: nominal sizes: Ir x4” % 16. 1” Xx 6" x 16, 1x8" x16, 1” x10" X ie: south= ern pine, No. 2 common; air-dried; 1” x 6; dressed and matched standard; lengths 8 to 16 feet, averaging 2
13 feet 26148- C—Eastern high volatile bitumi-
nous coal—for the period from Jul ad to and including June 3
Heifers
1943 Be 26157-SP6—Hardwood lumber: Birch;
8 B 38 important French corporations al-| WASHINGTON, June 24 (U. P.).—GovTrans West Air 9 northern or appalachian.
. , i ernment expenses and receipts for the | Chofce— ready have agreed to subscribe part | fiers Ascal year through June 22 com- 2. 900 POUNAS ....onvieenss [email protected] ough; bor Reh | Ob SPphlachian. of the 35 per cent allotted to In-| pared with a year ago: t Yea 790~ 800 pounds ..uiiuienees [email protected] facture of high grade office fur- a’ : niture . dustry and American banks. Expenses.$31,314,065,427.24 $12, 393. oto, 517. 87] Meaty 10501255 NAVY DEPARTMENT
; ” WarSpnd 25,003, 083.94 45.41 6.090,621,946.081 500- 900° pounds French banks which have agreed Receipts. 12,384.376,548.76 Common 306-NSA=Organ, electric, com=
7,497 5, 18 to participate, according to the cir- y "064.01 , 408 : 5%: 90 pounas al weights) [email protected], Rea, lete; Walnut or any standard fine ;|cular, include the Bank of Indo-|Work Bal ] BE ery oe re China, headed by ex-minister of Suni er 25.739.765,60463 33,615,115:050.75 Access | foreign affairs Paul Baudoin, and , | the Bank des Pays du Nord, which is a branch of the Union European|p Co., controlled by Schneider & Co.,
wo os
030000 a a
FS
Union B&P 8 Un El Mo 41% 108% Un PaciSc Un Tan Shited Airtiadi. Air Lin Dmted Corp United Corn tf 11% En Pdv Lk
[+4 ++] +
sesar eaten
.
- 1’ op J = Eatoyet wat
instrument, manuals and pedal clavier. sories (standard equipment)-—Tone a of same IRoAREal, Tnles and INDIANAPOLIS CLEARING HOUSE esign as organ ench of same Cleari $ 3,659,000 BUNS a, weights) material, finish and desigh as organ obits ngs Le, 868,000 (Yearlings’ excluded) with music compartment, hinged Good to Organ to be operated on 110
a seberanen: @11. volt, 60 cycle, single phase, alter= 45% s | the leading French munitions firm LOCAL PRODUCE
nating current. 50 foot flexible cable W be Tur nen Hey Sonhetiion: Thi regan to be similar and equal to LOC Ne on, ilions Heayy breed hens, full-feathered, 17%ec; Series 600 Everett Orgatron, of the OCAL ISSUES works is Czechoslovakia to the Ger-| psehorn hens, 14%ac. : CALVES (763) Nominal quorations rurnishea by local] Mans in early 1939 for 700,000,000 I] 2 Ibs, amg oT a Venlers (aif VEighUS) mit of National Association of Secunities| francs. . Dealers.
[D+] +:
3
shennan
CREEL
Strauss-Hirschberg Co. year ende 0 ed Jan. 31 net income $346,020 equal y $1.87 a common share vs. $331,« 603 or $1.79 previous year. Vulcan Iron Works year ended April 30 net profit $196,331 vs. $22,« 770 previous year.
Everett Piano Company, South Haven, Michigan. Springers, 3 lbs. and over: colored, 22¢; barred and white rock, 23c. G00 20a oie aio $13. 2s ® Ask All No. 2 poultry 3 cent 5 less Cull §308134 pag Peg Bigs—Current receipts, $4 Ios. and up, Feeder & Stocker Cattle & Calves
Up to the ciose of the Chicago Market |27c toa. J Inga flour 1aills tnd grain Graded Eggs—Crade A, large, 31c; grade Steers elevators paid $1.07 per bushel for No. rade, 6c. 20c; grade A small, 26¢: no Chotess 55 pounds their merit h . vesseusIgyes S ne lotngr rakes on was 82¢ Be Butter—No. 1, 39'%2@40c; No. 2. 37%@ 2 0 DOUNAS sevessseress 12.2 inf gan ne Sane shelled, corn. ar see, putterrat, No. 1, Hae at Thaian 501 or 800 pounds an 0 oats, T - - serve ess © nite Sus, We re apolis. quoted by Wadley Co.) 800-1050 DOUNAS ....veev. bor
In . Indpls Water 5% pid “102 *Indpls Water Class A com. .. 11% Lincoln Loan Co 5% % se 3 1] Nat Life Ins COM + 2 n
Greece Resists
.
a
2: 88: 8%:
50 Ss lor Wayne Felns 55.10 ayne 5s
jt pdfs.
Ito pl “10 oN
*A Personal Loan
® A Collateral Loan
® An Auté Loan
The Peoples State Bank has inaugurated a special PERSONAL Loan Department to care for this growing service. Mr. Rust, its head, will be glad to receive your inquiry and fully explain this convenient plan.
. 89 Richmond ater Works i. ‘87. nn Trac Term Corp 5s 67 *Ex-Dividend.
“cloth” from soybeans, peanuts, corn, fish protein, yucca, bark of : redwood trees. . . . Cheese produc-|ing the biggest foreign shareholder) Fed Dep St .. 3 tion is ahead of ship space. . .. A in the Yugoslav bank. Firestoge T ... survey is now under way to see if| Two In Yugoslavia Freens Sulphur’ that 550-mile oil pipeline from, : Sar Wa, Fhe, vi Texas shcald end at Norris City, Il1.,| Since the forcible partition of Gen Electric and Mt. Vernon, Ind, instead of | Yugoslavia into Serbia and Croatia, | Gen H G&A... Salem, III. . . . The lead In tin cans|the Allegemeiner Yugoslavische Gen Motors _. 3615 worries steel makers. It has burned |bank also has been divided into|Gen Out Adv : holes in some furnaces. . . . Argen-|two sections. In the Serbian sec- Gen or np 3 Tin tina is trying out a new quick freez- |tion—mow known as the Bank-|gen ing process for meat as a ship space|verein Ag of Belgrade — the Gen 0 saver. . . . Fibers left after juice is| Deutsche and Dresdner banks have| en Si or squeezed from sugar cane are being | joined the Viennese Creditanstalt| Glidden pf used as cold-storage insulation|as the main shareholders The| Geodieat. Bt board, substitute for cork once im-| Dresdner bank's interest in the | Graham Paige. ported from Spain. Croatian section—mnow Known as Gi merth of . the Bankverein fur Kroatia Ag—|Gt West Sug... : {has been taken over by the new Greyhound Cp, PERSON AL | German - controlled Croatian!Guant Sug .... 2% ve Stocks Bia Landesbank. | Gulf M&Oh 1. 2% % |B RR Sik Ya oT tte 5 ae In Rumania, German interest at v obbs-Merrill ¢ : “Monthly the beginning of the war was con- Homeatake. | 327 337 Circle a Gl Rundhante 8 2 |e . b Hud Bay ‘M&S 18% 18% *Comwlith Toon 2% No. Installment” fined to the small Romanische Hupp Motor .. 331 11-16 Hook Drug Co Bankanstalt, founded by the Dresd- WL. Cental or 0% 5 Tha I Asso. Tel ]s% pia 2 2 50¢. EE A i a ge Dolisthe Ind Ravon i 24% 2 5 x Ind & Mich 7 . ' re ank has become the largest share- |ingerso an LO ANS holder of the ey Commer- eH : | 3h 2x Sa ena he has acquired a sub-|or Saver it Bu stantial holding in the Rumanian » AY 2 Low Cost—Monthly Payment J} ~. sit bank and in the aristocratic |T n Chm Bt 43." 8" This friendly, monthly pay- Chrissovelloni bank by purchasing |} Sore! el fa ment loah Service 8% COn- French and Belgian shares. 234 ducted by “Peoples State” Jewel Ten is becoming more popular Before the war German partici-| Johns Men ed 1381 135% : every week. It is convenient, pation in Bulgarian finance was|Jones & Igh... 18% 18% Bh th So ih COM ~evivenes it costs very little, and mall limited to a single German bank, pg... .. 0 ser § Bonas mn . 3 x : < 33, Algers Wins'w W RR 4%S...... monthly payments make it }J| founded in 1905 by Viennese bank- [Kan C Sou ... 3% American Loan 55 Si -. easy on your budget. There ers. Now the Nazis are negotiating | Kelsey Haves ‘8 8 Cte ET ee are three loan plans. Use JI the purchase of a 50 per cent hold- Fehntcop 3B Ch of Com Bldg Co 4%s he the one best suited 16 you ing of the French Banque de Paris oi Raa . jet des Pays Bas in the Bulgarian|re Fh Dues | Commercial bank. As the French|reh v Goal pf. ! bank was a strong Jewish connec-| Lehman | tion, belonging partially to a Jewish | family, it will doubtless be com- | pelled to sell its holding. The only resistance to this comes Ion Te Star Cem . 3% | from little Greece. The Greek gov- | “oriliard pf ...137 | ernment has staunchly refused to], 2 2% i let any Greek holdings fall into coo. 18% 181% | Nazi hands. The Germans have Man Salt ii { had to content themselves with pro- | visional “banking agreements” with | the Greek National bank and the Banque D’Athenes. | It is clear that by this “peaceful | penetration” into the Balkans Ger- | many can maintain a complete set | of efficient banking experts in the | Balkans. Their work is rendered { easier by the fact that Germany | deals with the Balkans through a { clearing system. Pivotal in this system is the Berlin reichmark, the only currency. This augurs well for the experts and their firms.
THE PERSONAL LOAN DEPARTMENT
THE PEOLES STATE BANK
130 E. MARKET ST.
Member Federal Deposit Insurance Corporation
THIS WEEK ONLY This week we offer the beautiful stylish “DIXIE” with
semi-flexible self-adjusting ‘‘Gold-Fi ca TORIC lenses at tap rice 2 so low as to thin a
> of everyone's pocketBoo oo For PAR O VISION. DAILY P RICE INDEX BY antes cirect phiough & local b Beh. wid save the difference, NEW YORK, June 24 (U. P).— Y 37 more:
LARGEST CIANS IN Dun & Bradstreet’s daily weighted AMERICA OUR GUARANTEE
price index of 30 basic commodities, Os tn You compiled for the United Press TOLSCHOn. dios oe ad (1930-32 average equals 100): optical artisans in our modYesterday «.vececsecniencees 154.98 Rae ew WEEK 80 .cosvnssnassssssses 155.24 : MONth 880 «sssssssesssnesss 157.25 ; ; " cessssenanessesnes 139.21 t ) 9
“Uniformly fine since 9 operate branches | gp 1869 ry No Extra Charge
Words alone can’t tell you—~you have to taste Bond & Lillard to know how deeply satisfying is its flavor and ess. Don’t let another day go by without enjoying inexpensive treat. Fred A. Beck Co, Distributors, Indianapolis, Ind.
Y TRIAL! 4 ashington St.
re >, n 1 8, bi ) | a
1 124 W