Indianapolis Times, Indianapolis, Marion County, 29 July 1942 — Page 6
RICKENBACKER HITS
CARGO PLANE IDEA
Believes It Is Better to Build New Facilities Rather Than Convert Shipyards as Kaiser Proposed;
‘Slim Hope’
for Higgins.
WASHINGTON, July 29 (U. P.).—Two senate com-
mittees today heard a war
production board official and
Capt. Eddie Rickenbacker, famous flier and World war ace, oppose conversion of shipyards to construction of airplanes.
Capt. Rickenbacker and
Harold E. Talbot, chairman
of the WPB'’s air-transportation committee, both challenged
feasibility of the proposal of
Henry J. Kaiser, west coast
shipbuilder, that shipyards be converted to production of huge cargo and troop-carrying planes.
HIGGINS PLANS REVOLUTIONARY
‘Was Going to Build Ships Like Henry Ford Made
Automobiles.
By JOHN W. LOVE Times Special Writer WASHINGTON, July 29.—Not a little of the ruckus over the cancellation of the Higgins shipbuilding co.tract arises out of the fact that the cancellation thwarted a revolution in shipbuilding. Andrew Jackson Higgins and his family, fighting what appears to be a losing battle at New Orleans, have all the enthusiasm of leftwingers, and they naturally suspect that reactionaries and saboteurs were in back of the thwarting. The maritime commission simply decided the country didn’t have steel enough for a shipbuilding revolution at present. Existing yards were having trouble enough getting steel without bringing in a revolutionary yard before the industry itself is revolutionized. Steel men are saying around here, furthermore, that the real and unpublicized “bug” is not in. plates for the ships but in propulsion machinery. Up to now nobody has undertaken to build ships’ engines on moving assembly lines. Changes Were Slow Until the Higginses came along, improvements in the art of shipbuilding were being made piecemeal. Even so, they had cut shipbuilding time by more than half. Great advances had been made in
| Andrew Jackson
Meanwhile, Senator Allen J. Ellender (D.. La.) said after a conference . with President Roosevelt that he still held a “slim hope” that the maritime commission would rescind its order canceling a contract with Higgins, New Orleans shipbuilder, for 200 Liberty ships.
Senator Ellender said Mr. Roosevelt did not give him any specific encouragement that the Higgins contract would be reinstated, but he quoted the president as saying the entire steel situation would be re-studied. The maritime commission ascribed cancellation of the Higgins contract to a shortage of steel. Mr, Higgins has said that if the maritime commission does not reinstate his 200-ship contract, he would be very glad to make planes in the New Orleans yard — now under construction—where he had intended to make the ships.
Steel Shortage Blamed
Mr. Talbot, testifying before the senate committee investigating the war effort, said the nation’s steel shortage is so acute that “every airplane engine we have scheduled for delivery in 1943 already has been allocated for a particular plane.” Capt. Rickenbacker appeared before a senate military affairs subcommittee studying a "bill which would provide for establishment of a special supply board to construct flying boats and land-based planes to carry troops and supplies. “There’s a hell of a difference between the two,” Capt. Rickenbacker said of shipbuilding and planebuilding. He said Kaiser's experi-
the training of men, in inspection, in the management of the work itself, and particularly in welding techniques and prefabrication. Whole bows, deckhouses and the like were assembled at some distance from the ships, hauled up to them and lifted into place by cranes. The purpose was to prevent the overcrowding of workmen on the hulls and to free the shipways the sooner for new hulls. Then came the Higginsés with the - proposal to build a great new yard from the ground up, or rather from the bottom of a swamp up. They were going to extend the lateral subassembly bays and bring up even larger prefabricated sections. Still more revolutionary was their plan to carry the hulls along in a “wet assembly line,” a channel down which the hulls would move in stages. ; Power From 3 States Until just recently, the manufacture of ships has remained in the first stage of industry, where the tools were brought to the work. Slowly the shift was started to bring the work to the tools. In a smaller product, like automobiles, this transition took years, and it was not perfected until Henry Ford got his River Rouge plant in working order after the last war. So bulky and heavy are ships, however, that there was no expectation in the shipbuilding industry that its revolution could be fully effected during this war. Too much expenditure would be required for the plant itself. An indication of how far the concentration of machinery would have to go is given in the fact that the Higgins yard was to draw its electric power from three states. After some millions had been invested in channeling and piling at the new Higgins yard, the maritime commission ran into the unbalance not only of chips’ plates but of other materials. It decided the shipbuilding revolution would have to be put on ice.
HONOR LYNWOOD STALLION
Don Again, Pércheron - stallion owned by Lynnwood farm of Carmel,
ence has been in building ships, not planes.
“I say this with all due respect to his ability and imagination,” Capt. Rickenbacker added, “but a doer in one line is not necessarily a doer in another.”
Turner to Testify
He said shipyards do not have enough floor space to build planes and “are not adaptable because the fundamental purpose is not the same.”
“By the time they have been converted,” he added, “it would have been much better to start clean, rather than have a makeshift.’
The senate military affairs subcommittee also was to interview Grover. Loeing of the WPB and Roscoe Turner, famed speed pilot of Indianapolis. Capt. Rickenbacker advocated greater use of cargo planes, saying that at least 20 per cent of the planes produced should be of that
the Renault plant in Paris, March 3. war machine, is a chaos of twisted girders good only for scrap. it to war production when they occupied the area.
Smuggled Photo of Renault Ru
go sg o
INS
tors were manufactured for use of
Pro es RAF Accuracy
This photo, which was smuggled out of France, supplies incontestable proof of the deadly accuracy of RAF bombers during the . raid on This huge shop, where once ‘crankshafts, valves and in: In pre-war days the plant (u
the Nazi
irned out racing cars, but the Nazis converted
FEW LEADERS
Decline on Earnings,
Dividend Actions.
NEW YORK, July 29 (U. P.).— Weakness in a few key issues un-
without increased volume. Westinghosue Electric 1% points to 662 when reduced the dividend by to 7 cents a share on common and preferred stocks. U. S. Steel lost nearly a point on publication of its earnings report for the second quarter. 4 cents a common though the corporation declared the usual $1 dividend, traders were
25 cents
this rate. California declined a point and
shares of each issue were over: hanging the market. Anticipation of an outside offering of 46,000 shares of American Tobacco B sent that issue down nearly a point. General Motors lost nearly a point on its report showing a sharp drop in net profit. Allied Chemical was off nearly 2 points on fears that the new tax bill would hit the company hard. Douglas Aircraft was off 1% to 58% also on tax outlook.
DECLINE IN GRAIN
CHICAGO, July 29 (U. P).—A fair resting demand checked the decline in wheat futures in early dealings on the board of trade today. Rye eased with wheat, while other futures continued steady to firm. Wheat was unchanged to 3 cent
type. He suggested that the entire output of the Ford Willow Run plant — now making bombeis — should be devoted to the construction of cargo planes. Flying boats have the disadvantage of requiring a good harbor, and in some cases are not'as safe in forced landings as land planes equipped with sealed wings, Capt. Rickenbacker said. He said wood cargo planes were “practical,” but he noted that only such woods as mahogany, spruce and some others are desirable and, that there is a serious difficulty in obtaining them. He said he believed “an aluminum job is cheaper and simpler to produce.” He testified that the glider plane has “tremendous possibilities,” and said he regretted that “none of us believed in its potentiality until proven.” He said, however, he was not qualified to discuss in detail gliders’ use in long distance flights.
Owens-Illinois Glass Co. 12 months ended June 30 consolidated net profit $9,090,274 or $3.42 a common share vs. $7,640,538 or $2.87
a bushel lower at the end of the
UPSET MARKET|
Westinghouse, U. S. Steel Al:
settled the stock market today]. A
A dropped
directors |4
This showed a deficit of} share and Am 8%
worried over its ability to maintain 4 Standards of New Jersey and|4
more on word offerings of 100,000|%
FUTURES CHECKED :
NEW
YORK
High Low
Abbott Lab ... AtdresSogipn . Red .
Allied Chem . 132% Allis Chal . 25 Amal Leath ‘pf 13%, Am Airlines. 352 Bank. Note. Ys Shoe 6 1%
Br . Cable&R oe Am
SisulL Co. TE rys Sug p Enc hr %
8 . 48 32 2 co pf ... Mach&Fdy. 10% Mach&Mt.. 5%
Am Metal pf..114 P&L 6 pf.. 16%
10 Roll Mil pf 5514 Ship Build. 252 ome lt 39%
Armstrong Ck.. 27 Artloom Asso Dry Gds.. Atchison Atghison pt..
Atl Refining
-Atlas Corp
Bald Loco ct... Balt & Ohio ... Balt & O pf... Barber Asph .. Samael
Bendix Avn ... Beth Steel .... 53 Beth Steel 7 pt. 109 Boeing Air .... 15% Bohn Al&Br..
Budd Mfg pt.. Burlington M. 18 Burroughs va Bush Term .. Butler Bros ot Byers pf ... 76
Cal Packing .. Callahan Zinc . ‘Calumet & H..
18 % 6 i 0
first hour, corn unchanged to &c E :
|higher, oats %c higher, rye off %
to %c, and soybeans up 2 to ssc. In the September contracts, wheat declined. % to %c below the previous $1.17% @1.18, corn unchanged to %c higher than yesterday’s 89% @893%, oats up %c to 50, rye down %c to 67%, and soybeans %ec higher than the previous $1.71.
U. S. STATEMENT
WASHINGTON, July 29 (U. P.).—Government expenses and receipts for the current fiscal year through July 27 compared with a Jar 280:
Expenses . War Spend 3,8 Receipts
904.73
INDIANAPOLIS CLEARING HOUSE
Clearings . . s Debits .... ... 13,404,000 WAGON WHEAT Up e uiwor UI the Chicago market today, Indianavclis flour mills and grain elevators paid $1.11 per bushel for No. 2 red wheat (other grades on their merits). No. 1 yellow shelled corn was 82¢ per bushel and No. 2 white shelled corn, 88c;
previous 12 months.
No. 8 white oats, 42¢c, and No. 2 red oats, 42c.
s Yea t Year |g $4, is ges, 4,786.11 11 81, 388, firs 350.34
86 Com Solvents .
Ya Cerro de Pasco 29% Certain-teed 1%
20000 00000Q9¢ or B58,
pf.112 imax Moly co 37% oca-Cola .... id
pf . Col Broadecst A. gi dest B 12} ane 3 33% . 34
8%, 21% Com Inv Tr .. 27 8% 7-32
2 19%, 16%
Com Credit ...
Comwlth & So Comwl & S pf Comwlth Edi .. Cons Aircraft.. Cons Cigar . Cons Coppermn Cons Edison Cons Oil Cons Coal .... Cons Coal pf.. Consum Pw pf.
Net’ Last Change
— 14] migh, 1941, 133.59;
20 RAILROADS
+
betty
bi: ht: -- - =
FELT E+IL:
% >
1
1
yy,
Ys Ya
-
= ®
Ya
RG
Lh
DOW-JONES STOCK
Yesterday Week Ago ..
seevcesecssccns
Year Ago
ls High, 1942, 114.22; low, low, |
Yesterday Week Ago ..
seescscecceee
High, 1942, 29.01; low, High, 1941, 30.887 low,
Yesterday Week Ago .. ‘Month Ago .... Year Ago
High, 1941, 20.65; low, 1:
By UNITED PRE; 3 /\VERAGES
Month AO ..cocesccoocasslhd
Month AO ....cconvcesess
i Year Ago
15 UTILITIES
cesssecvectee thi]
High, 1942, 14.94; low, 1038. 3 J
STOCKS
High By & G pf. 120% 120% 102% 23%
88%
Republic Revere Cop Reyn Met .... Ren Spring . Reyn Tob B.. Richtield oil . Ruberoid
Safeway ~ Safeway 5 ot St Jos Lead... Savage Arms.. Schenley Dist.. Scott Pap ... Seabd Air L.. Seabd
High Precision. 13% Pr Ink... 4 Ry Sig... Rty & U.. 3
Gen 3 & Gillet Glliothe $s Rs Pf Goodrich Goodrich pf’
Gen Gen Gen Gen
She
Goth Hos pf.. Graham-Paige Grand Union.. Gt North bpf.. reen H
Greyhound Cp. Gulf Mob & Oh Gu M&Oh pf
Hall Print
Holland Furn .. 23% Holly Sug Homestake Houd Her A... Houd Her B...
II1 Central
oe Ye 3, (IN Central pf . 15%
i {ID ersoll Rand X|In and Stl a Insshs cts Md.
3 Interlake Ir
Harvester. . M Marine. . Nickel
Int Int Int Int Int Int Sh Int T
Johns Man ... #|Jones & Lgh... 20
Kalamazoo S-F
pf Kelsey Hayes B Kennecott . ... Kinney 5 pf... 3 Kroger G&B ..
Loew’s
Long Bell A.. Losse-W Bis.. Lorillard 16% Lorillard pf....
4 | MaAn & For.. Mack £5 Macy R H Madison Sq GQ. x | Marine Mid. .
Marsh Martin Martin Parry... 26
McCall Corp ... McGraw El ... 19 McIntyre P.... McKess R.. McLellan St ... Melville "Spr 24 on
Ya 8 Midland gt pf. -100 Minn Hny 42 Minn Hny BiB 109% 4} Minn-Mol pf.. Mission Soe .s $e Mo-K T 2% mg ot C108 Mont Ward .. Mullins pf
Munsingwear Murray
Gnd fn pon Fok i 16a DCO CD40
maGESLs =
Fra Bd
oo a
orto
*| Nash-Kelv
FS Swe
Lew 134:
Sears Roebuck Servel Inc Shattuck
Net Change | shell Un Oil ..
South Ry pt... Sparks With .. Spencer K ... Sperry Corp .. 8 | Spiegel Inc .. | Spiegel Inc pf-
| Sterl Prod . Stokely Br Studebaker .... Sun . Sunshine Min. Swift Co
Tex Pac L T .. Texas & Pac .. Timk-D AX .... Timk R B ... Trans & Wms. Tri-Cont Truax Tra .... a | 30th Cen-Fox Twin CR T pf Twin Coach
Ys 11Y, 44 5%
34Y, 8% 67 106 11% 71 26 11 Ya
Und Ell Fish .. Union B & P .. 8% Union Carb ... 67% Un El M 4% pt 106 Un Oil Cal . 1138 Un Pacific .... 71% United Aircraft 26% Un Air Lines .. aL Un Biscuit pf .
34Y,
NESNRRNEE
Vadsco Sales .. Vic Chem Va-Caro "'s pf.. Virginian R pf
7 343% 27%
34% 27%
» | Wabash pf .... Waldorf Sys
++
. “oe . “.
e oC Willys Ovrld pf Wilson & Co... Woolworth 2
8 Wrigley 49Y,
Yale & T ..... 19%
30%2 8%
19% 10% 30%
Young Stl Dr 8%
BALTIMORE, July 29
Net
Low Last Change 120% + J 10 — 1g 102%,
23%
SHELELLL
tH
SIRIERE
500 WOMEN OFFER TO WORK FOR B. & 0.
(U. P).—
The Baltimore & Ohio Railroad Co.
yy than Tuesday’s average, Spots
By ROGER THE GOVERNMENT IS
15-CENT GAIN MADE BY HOGS
Top Advances to $14.65 as 4500 Porkers Arrive; Vealers Steady.
Hog prices advanced 15 cents at the Indianapolis stockyards today, the agricultural marketing administration reported. The top rose to $14.65 for good to choice 220 to 230-pounders. Vealers were steady with a $15 top. Receipts included 4500 hogs, 1150 cattle, 650 calves and 2025 sheep. ' HOGS (4500) [email protected] . 13.90 14.50
. [email protected] edium— 160- 200 pounds Packing Sows
od and Choice— ls ... eees.. [email protected] 18 Leo. . [email protected] ls . . 13.
[email protected] pounds . . [email protected]
- 400
sesessscceses
Good— 400- 450 pounds 450- 300 pounds
Mediu 250- U350 pounds
Slaughter Pigs Medium and Good— 90- 120 pounds CATTLE (1150) Slaughter Cattle & Calves Steers
[email protected] [email protected]
Choice— 700- 900 pounds 900-1100 pounds . . 1100-1300 pounds ... 1300-1500 »ounds .. Good— 700- 900 900-1100 1100-1370 13006-1500 Medium— 700-1100 pounds 1100-1300 pounds
[email protected] [email protected] . [email protected] . [email protected]
pouads ... pounds . pounds ... pounds ...
13.25
11.75 . 13.50
12.00
ommon— 700-1100 pounds [email protected]
unds
po! . B x 800-1000 pounds
1400 4.00
Good— 600- 800 pounds 550-1000 pounds
12.50 12.50
13.50 13.50
se000000coc
Mediu - 500- 500 pounds .. [email protected]
Common— 500- 900 pounds Cows (all weights)
11.00 10.0
Bulls (all weights) (Yearlings Excluded)
. [email protected] [email protected] @ 9.5
CALVES (850)
Vealers (all weights) Good and choice [email protected] Common and medium WGI Cull (75 lbs. up) [email protected] Feeder & Stocker Cattle & Calves
Steers Choice— 500- 800 pounds .....ececsee [email protected] 800- 1050 POUNAS- cccoccesses. [email protected]
Good— [email protected]
500- 800 pounds 800-1050 pounds ....ecess... [email protected] cesgesees.. [email protected]
Medium--500-1000 pounds .. Common 500- 900 pounds .. . [email protected] Calves (Steers)
Good and Choice— 500 pounds down
[email protected] edium— 500 pounds down [email protected] Calves (heifers) Good and Choice— pounds down . ...... ee. [email protected] Medium— 500 pounds down [email protected] SHEEP AND LAMBS (2025)
Ewes (shorn)
Good and choice.. ... Common and choice
Spring Lambs Good and choice Medium and good Common
CHICAGO LIVESTOCK
Hogs—Receipts, 10,000; active, good class early; mostly 10 to’ 20 cents higher more; Dae good ‘and choles 180-2 top, $14.75; most. S14 25@1s, 5; 270-330 Ibs. 160-180 1lbs., $14.15@14. 60; light $13.65 Wie most good 400-550 1b, sows, $12.90@1 Sheep—Receipts, 2000; general lamb trade around steady; bulk good fad choice native spring offerings, [email protected]; mostly, [email protected]; lower grades, $13.50 down; four loads Idahos applies around 88 1bs., $14.10; Jearings aor ies negligible; few. fat ewes today’s trade: Very little early Ba on native and western spring lambs; some interests
BUSINESS
Farmers Asked to Market Hogs Earlier To Avoid Over-Crowding Packinghouses
BUDROW TALKING of regulating the
sale of hogs, just as wheat shipments are being regulated at present. The purpose is somewhat similar. 1t fears that so many hogs will be sent to market this fall that the packers can’t take care of them all. At first everything will be “voluntary.” Farmers will be asked to market their hogs before Nov. 1 or ‘hold off until February. If that appeal doesn’t work, Secretary Wickard says embargoes will be applied.
The number of hogs that will be marketed this fall and winter is one-fourth larger than last winter's crop. The peak usually comes in December and January. But lend - lease demands, for one thing,” mean that more hogs will be needed earlier than usual. That 1-cent reduction (per pound) in the lend-lease price, adopted to ease the squeeze on small packers, may discourage some farmers from’ selling at present, Mr. Wickard concedes. But he says if hogs aren't sold earlier this year, the packing houses will be too busy to use them all and the farmer will suffer. 3 As of June 1, Indiana farmers reported their spring crop of pigs 17 per cent larger than a year ago, according to Purdue. Sows to fare row this fall are estimated at 18 per cent more than last fall. ’ s 2 8 :
THE INDIANA STATE Chamber of Commerce will send queries to all its members asking them about employing Negro workers. It will be a comprehensive survey aimed at finding out the real ° facts on the situation.
Roger Budrow
2 2 2
- HOOSIER COWS stand eighth in the nation in production of milk and butter fat, according to reports of the Indiana Herd Improvement association. Average Hoosier cows produced 4000 pounds of milk and yielded 358 pounds of butterfat last year. ” ” # ON THE NOSE: Several days ago the Dow-Jones steel expert predicted exactly what U. 8S. Steel Corp. would do yesterday. He said Big Steel would not earn enough profit to cover its common dividend but would pay the $1 anyway. It did. ’ 2 2 ”
ODDS AND ENDS: Bridgeport Brass Co. earned $894,926 profit in
against $867,494 in same period of 1941. . . . The government bought 4 million eggs (in dried form) in Indiana in the last half of June. . ..
6 cents an the-dollar at London.. U. S. Rubber Co. will operate two ordnance plants in Wisconsin, making six ammunition, shell-loading and explosives plants it is operating for the government now. . . . In
ens $3.50 each, milk 35 cents a quart, eggs $1 a dozen. .. . Maryland and Virginia are sending trucks to Flore ida to bring tomato harvesters.
GRAIN RUBBER VETO
MAY BRING FIGHT
WASHINGTON, July 29 (U.P.).— Senator Guy M. Gillette (D. Iowa),
grain producers a bigger stake in the synthetic rubber program, predicted today that a presidential veto of the measure would be overridden “by a very top-heavy majority” in both the senate and house.
‘Other congressional farm leaders, including senate Republican Leader Charles L. McNary of Oregon, ine dicated that they would fight to the
A last “ditch to overrule a veto.
President Roosevelt told a press conference yesterday that the chances are he will veto it. The bill, which would establish an independent agency with come plete control over the production of rubber from farm products, was rushed through congress last week
Jos. and now awaits the president’s ac~
tion. It was/ vigorously opposed by War Production Chief Donald M, Nelson, who said it would hame string the WPB’s synthetic rubber
on production from oil.
J
the first six months this - year,:
German bonds are selling for around: To
Panama, pork is $1 a pound, chicks4
author of ‘a bill designed to give
program, the bulk of which is based
fe
LR,
today disclosed that it is’ canvassing the possibility of employing women to fill office vacancies caused by the % draft and other drains on man2 | power. : Officials of the company reported z|that as a result of a recent survey nearly 500 women members of the families of men employed by the Baltimore & Ohio had offered their |$ , | Services.
:' HAMPSHIRE LAMB SHOW SCHEDULED
The Indiana Hampshire 4-H Lamb show will be held at Connersville, Aug. 17, in connection with the Connersville fair, Entries should be sent to C, M. Porter, secretary, R. R. 1, Falmouth, Ind., by Saturday, Aug. 8. Pens will be ready Saturday noon, Aug. 15, and all lambs must be on the % grounds by.9:30 a. m. Monday. They % | will be released by 5 p. m. Tuesday.
DAILY PRICE INDEX
| NEW YORK, July 29 (U, P)— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Yesterday ....c.ccccceeeeeees 157.76 Week Ago se0oosqoeccenesnonr 157.72 Month Ago ssscesnceesncesen 156.16 Year AgD .........casscciies 14 14 1942 High (May 4 Sprenates 1 .34| 1942 «
LOCAL ISSUES
Nominal quotations: furnished by local pe of National Association of seeurit: a ealers.
—\ Stocks
Belt Stk ‘Yds com .. Belt /RR Stk Yds pfd . Bobbs-Merrill com Bobbs-Merrill 4%2% ptd Circle Theater com Comwlith Loan 5% pfd Hook Drug Co com ome T Gt Wa Be 7% pid i Ind Asso Tel 5% p ot P Ind & Mich 7% Le In Hydro Elec 7% pfd .. d Gen Serv 8% pfd ... Tndpe P&L Shy pfd .. Indpls P&L Indpls Water 8% pe Indpls Water Class com .. Lincoln Loan Co 5%% pfd .. Lincoln Nat Life Ins com .... : 3 N Ind Pub Serv 5% 9% pfd . N Ind Pub Serv 6% pfd ..... N Ind Pub Serv 7% pfd ...... 9 Progress Laund. 3 Pub Se
Ch&StL .... Acme .... Auto Fib pf Biscuit Cash Reg. Dairy ... Distillers Enamel ... 15
Gypsum .. 4 Gypsum pf Lead 14
bidding steady on natives, or $14 down for good and choice offerings held at $14.25 and above. Cattle—Receipts, 12,000; calves, receipts, 800; good and choice fed steers and all yearlings strong; medium to average good steers scaling 1050 lbs. upward, slow; order buyers and shippers very active on outside account; buying grain fed steers freely at $14 upward; relatively few steer grades, either steers or heifers, in crop, but these less active than other grain cattle; early top weighty steers, $15.50; some held above $15.75; Wumerous loads, [email protected]; best heifers, $14.50, with mixed offerings, $14.65; a liberal supply of heifers sold at [email protected]; cows steady; cutters, $9 down; fat beef COWS, [email protected]; instances with strictly good offerings, $11. 50; weighty sausage bulls, $12.25 down: light ulls slow; vealers ! scarce, $jsasly at $14.15; stock cattle slow, $11. 50@14 00, most offerings, weighty sausage bulls, $12.25 wn; light bulls slow; vealers scarce, steady at $14. 15; stock cattle slow, [email protected], mostly talves down; $14 for choice southwest calves.
OTHER LIVESTOCK
CINCINNATI, July 29 (U, P.) .—Hogs— Receipts, 2425; over 160 lbs., 15c¢ higher: lighter weights, 10c higher; sows steady. top, $14.65 paid for good and choice 180-225-1b. lit 225-250 lbs., also 160-180 lbs., $1455; 250-275 lbs., $14.25; 275-300 ibs. $14.10; 300-400 1lbs., $13.85; medium and good 150-160 1lbs., $14.25; lighter weights, off 25¢ for each 10-lb, fierisate in weight; good grade sows, $12@12. Cattle—Receipts 250; calves, OL 250; fair activity, steady; bulls more active in recent session. ‘Few good 700-lb. heifers, $13.25; other small lots and individual steers and heifers grading good,. $12.75@ 13.25; common and medium steers and heifers, mostly [email protected]; few canners and cutters, down to $8; common and medium beef cows, $7. 50@8. 75; good cows, to $9.50; canners and cutters, [email protected]; sausage ‘bulls active, weighty kinds, $11.40; common and medium, [email protected]; vealers| Morris 5&10 Stores Ss steady, ‘top, $15; good and choice, $14@15; | Muncie Water f common and medium, [email protected]; culls,' N Ind
0; spring)
Ind., has been awarded the title of “premier percheron sire for 1941” because of the winnings of his sons and daughters at all shows of state fair rank and above.
LOCAL PRODUCE
Heavy breed Ri full-feathered, Leghorn hens, 1 Broilers, 3 ~ and over; colored, 18c; white and barred rock. 19¢c; cocks, 1lc. Springers, 8 lbs. and over: colored, 21c; barred and white rock! 2 2 poultry 3 Ee less. g—-Current receipts 54 Ibs. and up,
27%ac. ¥ : Douglas Aire. : Graded Eggs—Grade A, large, 33c; grade ’ g s 8 A, Encaiuen: Sie grade A, small, 26¢: no Dow Sieh .111
rade 1, 42%2@43c; a 2, 40%@ a pera, No. 1, 39¢; No. 2, 36c. (
Crane Co cv Pf Cream Wht . Crown Cork .. Crown Zeller pf Crucible St ... Y, Cuba RR pf .. 9% Cub-Am Sug ..g 6 Curtis Pub .... 3 Quriiss We cee. 6% a urtiss-Wr A ,. 20 3 Cutler-Ham ... 13% Msg e D ne Nat Sup 6 pf. fH . Newt "Minne. - 3% Bfk
‘Cargo Planes in Spotlight
18¢:
Deere & Co..
45%, 4612 n.. 10% No cific . 57% Northu Airlines 10% Norwalk T 8.
Dixie-Vortex
: ces on produce delivered at Indianapolis. quoted by Wadley Co.)
Pac Sos + pf 1 Pac G & El ... ! is Pacific Nils 0 15% Packard 2Y, Pan Am eh 17% Panhandle 134 Paraffine Co... Paramt Pict .. 1 Parke Davis ... Patino Mines ..
Van Camp Milk pf Van. Camp Milk com Bonds Algers Wins'w W RE 42% .. American Loan 5s 5 American Loan 5s > be oh Cent Newspaper 4los 42-51 .. Ch of Com Bldg Co 4's 51 .. Citizens Ind Tel 4%s 61 .... Consol Fin 5s 50 Crabb-Reynolds-Taylor 4s Ft Wayne 5%
Erie pf A Eureka Vac ...
Fair Morse....
Peoples Gas .. Pepsi Cola .... 21 1; | Pere Mqt of.. Pere Mat B tf Phelps 24 Phila Co 6 of n Phil Morris ... Phillips Pet Pillsbury . Pitts Coal pf . Pitts Sc&B | pitts Stl pr Bt 63 Pitts Stl § pf. 23% Pittston .. .... 1% Press Stl Car.. 6% Press Stl 2 pf 24
.
Indpls Railway Co 5s 67 . Indpls Water Co 32s 68 Kokomo Water Works 5s 58 . Kuhner Packing Co 312 49 -s
cl
Kaiser shows, with model, what he means planes. Kaiser engineers scoff at this 12-motored, 200-ton seaplane;
RTL
WwW. WASH ST
see wees ww
+++ + -