Indianapolis Times, Indianapolis, Marion County, 25 June 1942 — Page 20

Page PDF (9.91 MB)

Back to issue view

PAGE 20 : ik THE INDIANAPOLIS TIMES THURSDAY, JUNE 25, 1042

| "NEW YORK STOCKS

ah Wow DOW-JONES STOCK AVERAGES) n st Ole

ry 80 INDUSTRIALS

Taxes Are the Big Reason for Cut a hy

In Power & Light Co.s Dividend Ua Sota oy 2 aol, WAR; Now, Srp.

Wigh, 1011, 183.30; Wow, 106.94.

By ROGER BUDROW : INDIANAPOLIS POWER & LIGHT CO. trimmed its]am can sails somewhat yesterday afternoon in order to be more i ship-shape to ride out the storm of war and war taxes. It reduced its dividend rate to common stockholders from $1.60 a year to $1.20. } The common stockholders weren't surprised. They Am know that the company’s income is going up but they also know that recent wage increases, present tax laws and that

Berd.se #

Wigh, 1931, 30.88; Wow,

sp SE

Fon EFEE #

18% 12% eas 1% :

% Bh Sun m-Viscose ... | Am-Viscose Pf. 13

Wich, 1912, 14.9%; 58. RRS RSE ES IN, Y, STOCK MARKET one being drafted in Washington now are more than off-|Am zim

% i ho oh Net SSLY setting the increased income. It is the same with utilities | Afro const g> §* Ben { > ns DRIFTS AIMLE Bry ‘Gas. . : b

Df urphy G C.. 55 everywhere nowadays. | r

= pd

- AY on

Ream

Ve Bi Se Sp oil Cowl NEW YORK, June 25 (U. PJ Was so large a reduction Justi-

A550 3 LO Lime. 30 “ ~N | $tooks @rifted aimlessly in quiet fied? The utility's forthcoming) AVintion Gor. 3% % we (RuSoREN Lo. th 6 oy, | dealings toddy with traders withe quarterly report, due in a few weeks, to Pibies 4 4 4... |holdimg commitments pending de1 fe We wig sh eee a Ina ioe 35” =1 [tails of the latest war developments The company] Bat 3: a Rian ig ia did fairly well in| Bell Aircraft... : : he first quarter ' yg I Around mid-session Bethlehem, the first qu Bh American Smelting, Goodyear, Lock a gw Government Expected to Beth teal”, 0 80% heed, Loew's and Souter Railway ary-March) this we 5 ; ) | year, but it isn't) Take Over Control BS Sgn. 11 white D. 5 Stes, Amoriown Toba: anxious to have Bohn, TSB ? - co B Anaconda, Chrysler Douglas : “oe % , YT Ye on “ [oe July L nites ‘ : " Ne fm 51 5 io Aircraft, Johns-Manville, Ken- " Here . eo Bn ; report. : Are you Somewhat confused about| Prices Meg .. XW BW Norwich Phat “Ss = lot ori Dan Parific, Ss FT ii Et hh a However, USINg | the rent situation here? Here IS aj Judd Mie bf... ale Wh hiv Oil : ov. | Rubber, United Aircraft and Wool- This powerful anti-aircraft gun being built by Fisher Body oan knock down bombers about seven miles high, Standard & Poor brief summary of the situation and! Burl M cv bt.. 55 55 a [Otis worth had small gains.

Roger Budrow Corps report, it | . 3urroughs ee 5% = Sov i bi 5308 5 bX , orp. port, {some questions and answers from Bush T B vf. a tg 12 Owens IN Glinss @h 48% Easy spots included General Mo- |

can be seen that the Power & Light the OPA. | Butler Bros % bu 5 3 Pin. tors, American Can, Santa Fe, -{ P * R # 1 C Tm und DRI. >. afer gaya. off he A rent director has been ap- Bron Fackeon # : ie” J Fre a Na 3B, B, + J Chosapeake & Ohio, General fice | § oq rices Ise 0 ents; 00~ 900 bd RO ivan @10.50 Siti eR Ss wing Biers or Pele, JRavast \. Youside. yuste Cal Packi a) Pa TOT pr. Tepe 0's ¢ oo |trie, Montgomery Ward, Sears Roe- . M500 Sounds down [email protected] serves, had cents available I0T likely the government will SnnoUNce Gon ‘Pace. 3% 3% 5, "| ba gs 2° 1 buck, Standard Oil Go, (N. J.) and T P d L | | | 1 4 60 VS every share of common stock. {shortly that voluntary rent control ne 8B 8. "| Dac oft. Phe : Westinghouse Electric op Qi oCQ y Ss » 500 pounds down [email protected] That is 2 cents a share belgw has been unsuccessful and that it Sa i Sy, ; a oo“y | Pah Am Afb... 18% en : ust oa oa (heifers) what the company had been paying | will assume control as of July 1 this San x <8 L110 20 : Ot vn TS 4 ts ~~ UU. Ss. STATEME NT Hog prices were generally 10 ¢ents higher at the Indianapolis stocks 500 Pounds dOWA svvvuevsas [email protected]

ow AED S. 23% 3, . Medium (40 cents every three months), but! year, fe | WASHINGTON, June 95 (U. P.).-Gov.| YATds today than yesterday, the agricultural marketing administration $00 Pounds down 1.vviises SSV@ID00

it is 8 cents a share more Than| Then tenants, without consent of |Certain-teed .. 2 2 Ne ve 2 > yf [ernment expenses and receipts for the reported. SHEEP AND LAMBS (43%)

E 3 "i : rAO0d v . current fiscal year through June 20 comwhat the board ‘of directors voieflandlords, will automatically 0 Darel WIth & Nort ager ne top advanced to $1480 for good to choice 200 to 220-pounders. Rwor shor) yesterday to pay irom now On. back to paying what was paid for 0 Corp ... 8% Phil Morris pL. 100,

v ‘w This Year. Last Year, { RNA vor it it hinted Ghat the v 9% 9 Expenses $31.415 307 084.32 $10 435,005. 35.00 | Vealers were steady to 50 cents higher with a $14.50 top. Good ANd ONO... vvvvvnon B Re sn However, It IS hint al UA€ the house or room or gpartment Chi wr BG ss A304 Ibisbury |. 17% a i

| C d chotoe .... War Spd. 25,005,965,143.12 ~ 6,114,346 445. Receipts included 6258 hogs, 858 cattle, 527 calves and 435 sheep, |“OM™MoR #0 report on profits for this quarter Ten kn in “ey o saa P Morris 4 VY: pf 1083 Receipes RH 804,128 01 515,576,943 62 pts a ’ o > a ee Shorn Lambs Ss rat 5 = » a July 1 last year which is the ceiling inns ST 7 3 + bitts Forgings.. 17% Net Def, 18203 3 ,846,430,508.5 | Clood and choice .... April-May-June, Wil not look as date set for Indianapolis. Land- | Sar Ba 29% 2 4 y bites, & & on ee by ly — Gh Bl $38 584 350. 1162,354,341.¢ . HOGS (625%) Cammen : | Medium and good . good as that 38-cent one and TUS jords here have asked the OPA to Sluett Peab .... 287% 2 w iw Bittston oo 1% 5 So Jal Work Bal. 584,350. ,013,931,577. ss 50-1100 pounds ............. [email protected] Spring Lambs i a / Sta pl... 191% DV p ub, Debt ,6.74,546,8 (6. ,198 968,749.23 | (Good to Choice = J - in I Procter & G... 41% 5 i Gold Res. 2279442213295 22619073161. 40 ponds . DB I0AIIEY | cmorce. Tre Heifers & Mixed oy LI

- Dd ETI Sie fe FEFTFFTERE

x »

37 . 24%

lin tion Qay.

bl FI+5+

[+++]

x 13 Pud Serv... ... 10 9% 9% ...- | So Broa B Liat pub Seis of... 100% % «| YNDYANAPOLYS CUEARING WOUSE | 160- 180 pounds ... 14.40 14 1 : : i J > “ So Et A Sak & | Purity P10 > 8.4%, 20- 240 pounds 14.85 14.6 ow a . So0T i ol Rm )- 270 pounds 14.45@ 14.60 | Choe- | ceiling date is used as an example. {Com Inv Tr ... % | RRA10 6 * LOCAL PRODUCE BE A Tr (Erle Sot Su wuunds Ren w up. From the middle of April to services that a landlord may pro-/Comw & So df. 243% i . 39 39 + 2 | Leghorn hens, 14Ykd Medium -= - pf. , “ha ; 58. Meo ip ) y p ComwIith Edison 20% , yonier 3 a or Broilers 2 Ios, and over: LN “us 180- 200 pounds 134501490 500-900 DOURGS +.vsvvesvanes [email protected] Cons Baison _. 19% Cop on. 47 4% + 1lpurreq and White Tock, 230 Qpoa ane Choice oR «0 rent receipts, 5¢ Tos. WMA WD.) gan” 400 wounds 14.006 Grain and soybean futures were

will show earnings more nearly In change the ceiling date and there | Colgate-p-p 3 e with ve-to- y -15 i 160 pounds .....» ++ 13.606 14.50 | 500- 750 pounds .... ........ [email protected] | Medium and good ....... wit Hie x is still a chance of that being done. Col Broadeast B 11% RN ; Bo § 180 pounds 14 B14 Medium=- . | Common on. ~ aa 1 taken by the GIrectors yosWer-| But in the following questions and | Solum Gas Pare Oi ’ TS dy |Clenr S3AG3.000| 200. 590 pounds 14 80 13 60 0010 pounds .... [email protected] | ————— answers the original July 1 Col Pictures 0 g ly 1, 194, Com Credit FOOD COSTS are still going | Does rent Com Solvents .. 8 Bo wom i Nea 5 300- 3aod | po control extend 0! comwith & ; on i "2 % Heavy breed hens, tull-feathered, 17%; S30. 390 Youias vo WH0GINE | agp. 900 PORES 1aaavavaaess 1225@IB00 the middle of May the Vesa) | vide—such as Janitor service, hot Cong-Nairn .... 16% white and barred rock, 21c; cocks, 110. Packing Sows Hg = the U. S. 0 1s - | water, Sane facilities, furniture {ONS Copperm 3 Springers, 3 Ibs. and over: colored, 220; 500- 900 pounds [email protected] CHIOAGD." 3 219.39) ill rise 1.7 per cent. anapolis | and garage Cons Edison pf. 88 | Revere 7 pt All No. 2 ay 270~ 300 POUNAS +. .v nuvi. 14.15 Cows (all weights) ¥ une v Pi : , : , 2 poultry 3 cents less. : y food bills increased more than the or Cons RR Ofb Bt Se 3% gis Reve et a oe JE EN yy BERS—CU 300 200 Tovats 14/006 14.10 | Sodthn +11 9 average—2 per cent. -What if a lease ca Cont Bak pf .. 93% yh M ‘cu tv = nh x rade s—~Girade A, large, 31¢; grade a- Cutter and common Eo calls for a |S On Fo. Jt —— A Snednum, B00; grade A Small, 280. nO| 360 400 pounds 13 85® 1400 Caner 25@ 7.7 steady to fractionally lower in dull

, The bureau of labor statistics [higher rent than the July 1, 1941 3 x Gin aoe 0 : n . , a > > % | y 853%, 8394 3 , , 260, : 400~ 450 pounds 13.8b@ 13.85 Bulls (all weights) a points out that price ceilings do | ceiling? 8 Mot 3 3 3 or 5 Di...104 08s / sp ULter No. Jo 3800, Ne. 3 $T%@ Se ¥ pounds 13.75 13.90 Yeariings excluded) early dealings on the Board of net cover 40 per cent of what the A—That portion of the lease is Cont, Seeel ‘ % Roebuck. 51% I: : ; (Prices on brodyce delivered Bt TnAIan: | HEC. B00 DOWNES ............ [email protected]| BEI= 10 rs@1Lys | Trade today. average city family buys for its | voided. Crane Oo. oo Tes / \ : os on 2 % wo | apolis, quoted by Wadley Oo) Slaughter Pigs TOIL At the end of the first hour wheat 00d "9 mB@i0%s was % to 4 cent a bushel lower;

table and that 40 per cent of the | Q—Does rent control apply to | Grane Co cv pi 88 2 & Du. 51% Rees WAGON WHEAT Medium ard Qo : M 9.5 @10.76 5 : 90- 120 pounds ...... 12.106G018.85 Sv & Sh 3 ; Oy 2 Je 8.75@ 9% | orn unchanged to '% lower; oats

Crown Zeller .. .“. Ss Vo 1% . ; y diet cost 2.4 per cent more in the | houses newly constructed? Crucible St" .... 284% 2 Saw & Stl Soi : Up to the oiose of the Chicago Market ” 4 ruci ) i ) iahapolls flour wills and grain ) 658 : middle of May than a month | A—VYes, as soon as the building is Cuban Sue 5% Cou aw — Nacuith aw of iw REM per bushel for No. 2 TLE ¢ . a CALVES g(52%) unchanged to off %; rye % to % earlier. Food subject to price [ready to rent, it is subject to vent SUTUS TWO... Sv Gh Gh... ne 1 100 10% + Yo Led NOOR OF Shelled. corn Was 82c Der St Vealers all weights) lower, and soybeans unchanged to ceilings cost 1.1 per cent less regulation. |CurtisssWr A . 19% th .. 1 > “ne Rush a No Sole flea, coll Ay hated a Good and oholce 3 1300 oft 1%. In the past year (from May mow tenant lives on the second —D— Bo ui 3 3h 3% IE 500.110 pounds a 780m 10.00, Indefinite postponement of the > i . 5 3 _ | Davi . 85 5 : “wn . 40 4 ad 1100-1300 pounds § \ Sla= 13) Indianapolis food costs have | "OOF Of & building which has a gro-| Ruta, Fn: ¢3 : Do." a © %| BUECTED VICE PRESIDENT [1300-1300 pounds oveiiii: Feeder & Stocker Outils & Catv | hoating On proposed farm legisia s tion at Washington discouraged in=

risen 21 per cent. The U. S. av- | CIV Store on the ground floor. Does Deere & Co ©... 21% , on 33 he NEW YORK, June 25 (U. P| Good wl erage is 19.1 por cent. rent control apply? Be oy x or x 3 oy ui 8 ! . y oh 3 G " 2 | J50- 000 POUNAS ..uvvunennann 1} Me 13.30 00. #50 POURED + uvssaveass [email protected]% terest in the grain futures markets, A—To the store, no. To the Yiv 33% 381a — ae PB 3 34 The election of Charles G. Taylor J00-1100 bounds «.v ++ [email protected]| §00-1050 DODGE 1uvi.veeier. 12.05@ 18.50 RE dre ® Et ing quarters above the store, yes. | Douties Aire .. 5¢ = 58° 5° i eb 38% — 18 |Jr. as a vice president of the Metro- j300:1500 pounds ..... \» 12.:50@13:50, B00 800 pounds - aan LLO0DRTR| Son 3 " stooned. 10 ng “ODDS AND ENDS: RCA has dis-| Q—Is th relli Dow “333. NEW ve. 4% “Ipolitan Life Insurance Co. was an- Medium J0-1050 DOULA .vusvaveees [email protected] tOTday was postp eg ODDS Al NDS: RC! S 'gis- | S the dwelling space occupied | py Pon 112% 12% 750-1100 DOUNAR +.vvuveresss [email protected] | M interests a chance to be present, i its old packing cases Tor by janitors, domestic servants, man- il... 2% i ————— ; . ms re en —

dium: 1 1 1 »| nounced today. 1100-1300 DOUNAS +. uv.vven. 11.50 12:80! 500-1000 pouds .. ....... 1030@11.% radio tubes, which used 210 pieces| ager and caretakers under rent con- | East Air Lines. 21% 21% “we i T ; i / Z II 74 : . , . win / ’ 7 7 _ f packing material for every 1000 trol? Fat Nosh MGW HOA MN LL Toes Goodin WEB . ein ea N 2 § 7 5 7 Z Z 7 77/4 700 7 ? : & 0 7 ; oo ai

3 ul . : y LE 30% 30% tubes, for a new case using only 22 A—Not when the space is part of | 5 & Mo Tha Su x x oy. uo 3 y rr parts, less cardboard and requiring the pay these persons receive. ElPw & L Ad Bn J I “ gz wie TE V7 / _ a i 7 7 1.

smaller shipping space. . . . Inland] Q. If a tenant wants to pay more | Eng PS 0 pf.. 50% Steel Co. rolled 3515 tons of ship than the maximum rent, may he | Boe ot Boo % TD. no plate st its Indiana Harbor, Ind.|do so? 20th Cent-Fox.. mill yesterday, & new record and| A—Ne. That would make the Ped Lt & T.... &% % 8% 4 Crt Bit Fish enough to build 7-10ths of a 10.000- | landlord subject to civil and crim- | Fe ooo — Union B& P... ton Liberty cargo ship. . . . Small] inal penalties. Pt gs DI Sets i drops of fused hard glass are being] Q—Will the tenant receive a re-| Fog fei § used as substitutes for sapphires/bate for the amount he paid over Freept-Sul ..... 30 once imported from Switzerland for the maximum up to the time the Pw. such instruments as ammeters and [regulation went into effect? [Gen Am av ... voltmeters. . . . Some cotton plant-{ A—Neo. Gn gn TH ers complain it is hard to tuv boll-| Q—Although the rent was $32 on Gen Electric ... 2 weevil poison. . . . Some sugar firms July 1, 1941. the present tenant Sen Mores co 3 A worry about housewives sticking to moved in some months later and gen prognion °° sugarless receipes after the sugar has always paid $38. What is the cn Tel . :

h Ao. 10 4 4 5 os R ave 16% J6° 3 . on . 74 : : shortage is over. . . . One reason maximum rent? | RN DT ab: —e See RRR or 108 - i D YO NEED steel mills are worried about get-| A—The maximum is $32. Tt doesn’t | Goodrich oN : ower TOS Wh ou iveve 3 : FINA NCIAL ALD FOR PRODUCTION OF

ing scrap steel is that in normal ma | Gootirich Df .... ¢ 9 — u 0 ap steel is : at n al) tter who paid the rent on the 30 & = 3 Vadsco pt A times scrap (from automobiles, etc.X maximum-rent date. spf... 85 6! 5 oo | vanadium 14% 14%

fo WB! ame hitk r ; i G ige . ~Car Sl 31 1 i — Wi came back but now steel is going] Q—Then how can a tenant find Granby 1 : Vinsinian Ry pi 3° 96" ud BeTOSS Seas as tanks, guns. {out what rent was paid on July 1 Gt wet Sue Nn 2s EE BS we 8 ge, 1941, if he has moved in since then? SSR cs 1% 1 oh LOCAL ISSUES : BUSINESS AT A GLANCE A—He can ask the landlord or Greyvhod 8% of Li's II Nominal quovavions furnished by local

i : : look at the registration statement Gut Mon & Oh 2% 2% BV wis | Unit of National Asseciation of Securities Brazilian Traction Light & Power ghat the landlord files with the local O° M & Oh bf. 20: 20% Yo | Qeners. Ak Co. 5 months ended May 31 net| —H— Stocks Bia : rent director. False information in Bel Stk rofit $0.867 M0 v $8.927 075 vear | . Ham Watch ... 8 8 t Yds c0m «eveveee 8 wee profit $9.86%.270 vs. ICIZLUD VEAr| mis statement will subject the land- | Herb-Walk 18% 13% 13 ve | BODbS-Nereill Bom © oie 8 .

y b com ....... 4 220. lord to criminal penalties Shel oh 92%e 2 | Bobbs-Merrill 4 8 en Chicago Yellow Cab Co. and sub-| he By : . le Theater oT ae, ® _Chicat 4 | Q—What should be done If the Houston Oil .. 2% 2% 4% : h Loan 5% pfd...... 89 sidiaries March quarter net profit janglord and tenant disagree on! hudson Motor! 3% 3j = ah BX Wane id oid. 8 $114220 or 38 cents a share VS.ighot the rent was July 1, 1942 ae 4 he Bch 3% on oy . A—Rent Director Herbert ee 5% 3 ove, | Ink Hydro Elec 7 a Do you want war contracts or sub-contract? Has this nation-wide n .

production speed-up caught you short of capital for fulfilling such cone

wa 2434 CR Va 4 oh 8%

EMMMNMMIN

FE++0 f+ +07;

$4:

Regulation V, simply, is this: If your bank, or one that the War Pro.

+14: [I FF

sidiaries fiscal year ended April 30 Temple. {if the house was vacant July 1, 1041? ning ... 2% I : Lir Life ch com t Pape a Int Pa or $3.04 a share vs. $157,825 or gy ypinl guid: to July 1, 1941, is the 1: x eR a > y ~ {authority to set maximum rents for oe 58% ) 3 : ] 27 DAILY PRICE INDEX [SWooriey 10 Se¢ Wasim yeitis fort) 3B n Unite Tel G0 B70 ora. 1110! Dun & Bradstreet’s daily weighted] Q—On the maximum rent date the —. Wing's W RE €48. oo. { Loar Bs BI ........ room cottage. Then he built 8 bed- | & beon oT Be 2 i%s wo 38 i rege 88. Ihe 13 i tion for a guarantee of the loan from the Federal Reserve Bank in Week ag “. rent? 12% 12% 1942 High (May 9) .eevevnnes tingui i - 2 , ’ inguished from ordinary repair and |L (Phone MA. 8511) Regulation V was passed to facilitate and expedite wer production. and papered the living room. Then ment for © counsels the n tb at your service For full information see or write to any of the banks below or come

Thompson-Starrett Co. and sub- ht Df : ? Serv 6% Pra ...euve 102 | willl fix it. His office is in the Murat I © 3 y i Vs | *In ls BRL SI% pre. ILL oh net income $1385 vs. net loss $724,- | : . 3 9% - rv § 02 > » Q—What rent should be + Bl 8 6 “en Water A com... 14% i = NT ib Oo. fist Your Ek : Oe | Lincoln Loan BT Be tracts? If so, and if you are capable of the necessary production, . i ear | van - ¥ - . J | A—The last rent ch | Int Nickel .... ; N % In b Serv 5%% pid... 7 . . ended April 30 net profit $306.929 arged In two int Paper . 1 Si - Bub Serv 62% ptd 8 Regulation V was passed to aid YOU. ” he &h 28% PrevIgUS Yeas. Q—Does the rent director have| Te . 1 “en dE : J & Lgh pf A. 57% Bin : van Cam “ 5 . NEW YORK, June 25 (U. B)—{ A—Ves, J ® Leh bl B. 1% tn Ven Gams Pil 8 duction Board contacts for your, can not itself handle the loan neces. price index of 30 basic commodities, landlord charged $35 for a four- ReRevaaves AH I sary for your plant's war production, that bank will make applicaroom and bath in the unfinished! Kresge ++ 183% ; 10 Yesterday «..c..veuse attic. Is he entitled to raise the| Ges on Wy Taw vy * The War ; ey : 3 8s j6 Production Board Chicago, now authorized to act in this capacity. Month ago .... sreanae A—Yes, because that was “a Lon Nv Roni Gp lee Le -" +108 Year ago sesauunaes 138) nk. 12% . gh BWR 10th Fl. Circle Tower . major capital improvement as dis- |; n 2% 33% Nt 74 Bldg. Indianapolis 1942 low (Jan. 2) ...vavenenn maintenance. Ligg & 1 B . 8% 6 Q—! i 5% a 5s 99 .P. B, innapoli . ‘em 4 Las : A landlord painted the kitchen I 0 0 oy 5865. 100 : Tainteins & DECIR] GeDATe This financing includes money for the obtaining or conversion of proe : - t d actor | . he raised the rent $2 a month. IS|Ioniilara pf .. heeding Anancial assistance duction facilities for handling war contracts and sub-contracts, the increase allowable? Lou G&E A ... in aus itying for and convert. ' A—No, because painting and pa- 150K Neh vv, 55%, : w PB jC : titw pering constitute ordinary repair ton listed below, © : - . y tact the War Production Board in Indianapolis.

and maintenance and are generally M provided by the landlord unless the| Mkt St Ry pr pf 8% | rental agreement specifies otherwise. | nasi: = 00) 55° Q—Suppose the landlord has not| Moor, Te: 3900 made normal repairs nor kept up Nore! on. 10% the property since July 1, 1941. IS|Moretsht. the tenant entitled to a reduction? |Mengel

A—Yes, if the deterioration : ; ; moe than wear and fear. AMERICAN NATIONAL BANK INDIANA TRUST GO.

Incorporations a et BANKERS TRUST €0, MERCHANTS NATIONAL BANK mypmeille, sichamen; Sibglne same 1: . iin FIDELITY TRUST CO. PEOPLES STATE BANK

= Fer

Fer EE 144: 0 HPAES

ch name of Arts, Story and > y ’ Bonds of the United States Government : ‘ = gl Crit bale e ts Territories and Tnsolar Possessions inti FLETCHER TRUST CO. SECURITY TRUST 0. ,_ Same Tess; res 7 of ‘par value; / _ . : E75. Bicgon a 0. siermbery Municipal and Corporate Securities 10 a INDIANA NATIONAL BANK UNION TRUST CO. vestors anagement Corp., anap- / A . u E

x { olis; dissolu : ar? Real Estate Bonds and Preferred Stocks MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION

BUY U, S. WAR BONDS AND STAMPS