Indianapolis Times, Indianapolis, Marion County, 1 August 1942 — Page 4
INHERT AT LOW FOR SECOND DAY
FINAL N. Y. STOCKS
ay UNITED PRESS ° Net ,|DOW-JONES STOCK AVERAGES
TRIALS 30 INDU 108.90
Yesterday «.: esaesas it anes 105.72 Week Ago cesesseseti bee . 106.53
INSURANCE co. SYNTH
HITS BOTTLENECK
"HOOSIER RAIL
High Low —A— +018 +0.48 +0.16
Today
svssctnssase bn
12%
C. R. McCatter of Omaha
LINETOBEREVIVED HEAD 1S NAMED
Elected President at
2 . Prod
Year Ago
Month AZO s.ceccviccioe " Holiday «eo 128.21
‘High, 1942, 14.28; Yow, 92.92.
=0.01
Corn Drops Cent to Late June Levels, Then
Shortage of Building Material Increases Problem of Production Already “Slowed by Grain vs. Oil Squabble. y
(This is the third of a series of articles summarizing the ruubber situation.)
High, 1041, 133.59; low, 106.34 5 RAILEOADS Today ...cocsesevesanid 25 {| Yesterday ...coeeovss Ye Week Ago esqconi Month Ago ...... Year Ago _ High, 1942, 20.01. low, 23.31. High, 1941, 30.88; low, 24.25. 15 DIMETIES
Recovers.
CHICAGO, Aug. 1 (U. P.)~— Wheat sagged to new seasonal low points for the second consecutive session on the board of trade today before encountering sufficient demand to reverse the trend. Long liquidation depressed corn futures to the lowest levels since late June. A report that around 100,000
- Grain Dealers. Directors of the Giain Dealers National Mutual Fire Insurance Co.,, 1740 N. Meridian st, announced today the election of O. R.| McCotter of Omaha, Neb., as president of the company, succeeding the late J. J. Fitzgerald. Mr. McCotter joined the company in 1905, three years after its organization, and worked in the home office here before spending several|ar years in western states as field man. Later he became manager of the ‘company’s branch office in Kansas|,c. City and in 1913 assumed Jjoint|A a “aioe 1017 he has : i Cotp .". “6% ent in Omaha. sxc Hr in full charge of the western|AViation Com.. 2% department, becoming first vice Bald Loco « ot. los i) Presiden SS ota officers of Bale. & Qnie pt 1
the company are Gage McCotter,| get tn’ I. 32%, first vice president; O. M. Earl, vice i sae i»
Seymour Air Center Will Bring Trains Back to “7 Pennsy’s Shelbyville Branch.
Times Special
WASHINGTON, Aug. 1.—War industrial activities in| Indiana have increased to the point where traffic will have to be established on the long-time abandoned Shelbyville branch of the Pennsylvania railroad, Rep. Raymond S. ; Springer (R. Ind.) was informed today. : - ‘The information came to Rep. Springer’s office from
Joseph B. Eastman, director of the office of defense trans- R AlLW AY STOCK NEAR *42 HIGH
‘portation, Rep. Springer had teferred to Mr. Eastman a letter from Connersville in which the Trading Dull Though News From Russia Seems Better. president and secretary; R. D. MacDaniel, vice president in charge of |Boeing Alr
By WALTER LECKRONE WASHINGTON, Aug. 1.—The bottleneck in synthetic rubber is building material. Left to itself, in a free competitive market, U. S. indusinishers of spring whish was ought try would easily meet the demand for rubber, probably long to: boing hiss 4 before existing tires had worn out. Competition would see ppeared to have in- 2 . . fluenced selling of September wheat|that the job was done in the least time, at the lowest cost, in exhcange for December at a | and in the best way. : yw Under war conditions it can have no free competitive and $1.19 a bushel did enough de-|market. The steel and copper, and even the labor to build mand come into the market to|factories in which to make synthetics, must be rationed as strictly as the tires the consumer wishes to buy. But com-
check the decline. Corn futures registered losses of ov i 6 more than a cent net before re-|petition for the $350,000,000-a-year syntheties market is ;| covering. Favorable weather in the|gij]] there. Private business competition,” entangled with .|corn belt and reports that the Commodity Credit Corp. would|Dational politics, has produced the bedlam that today is push its feed wheat campaign in|known as the rubber situation. preference to corn discouraged holders and caused steady long he HOG PRICES ARE
11.48
A 11.47 Month Ago tevsaadhacoes Holiday Year Ago High, 1042, 14.94 low, 10.58. High, 1941, 20.65; low, 18.51.
manos
16 MOST ACTIVE STOCKS
Sales || Net (In 100s) High Low Close Change Schenley .... 60 16% 16% 16% 3 So Pac 32 18% 13% 13% is Std Jersey .. 25 8i%t 314 37%. T& PRR ..24 1610 15% 15% ATG& S Fe.. 28 401 417 42% Penn RR .... 28 2116 21% 214% Para Pict ... 22 16% 16 163% Erie cts 21 61 6 61s Warner .19 (B% 5% 5% ] 18 201% 20 20% Com & 8 ...16 | 4 %-82 1% Atl Cst L ... 15 26% 261% 26% United G Imp 16 3% 3% 3% Ches & O RR 11 81: 313 813% Pullman 235, 281g 23% Sperry Co ....11 28 221%
wn -
Tob z
DHFR ELE EL SR EE LR
a J
HE see wr Ren es
RR 1 «es 18% .. 34% 20%
Arthur B. Newhall, federal co-ordinator of rubber, says the battle has not delayed synthetics production, ‘ that production is moving forward on schedule in spite of it. Bu obviously something has de-
»y = % Wheat— RANGE The “Big Boari” sales for the| open High day were . 114,830) shares against|Sept..$1.17 $1.17 115970 a week ago. On the curb|pec.. 1.19% 1.19% exchange turnover was 17,330 shares 1.23%
Prev. Low Close. Close $1.16 $1.16% 51109 1.18% 1. 19% 1.19% 1.23% 1.23%
. pb. wr
- . oye CRC
1.19% May.. 1.23%
Corn—
87%
RT
SC
‘writer had suggested that the rails tonville and Dublin in Indiana. Excerpts from the Eastman letter follow: “The Shelbyville branch, in addition to handling local traffic was formerly used for through traffic] NEW YORK, Aug. 1 (U. P).—|field work; F. A. Brier, treasurer; |gorden ~ fic as the result of the depression,| The carrier group moved up to|Fire’ Insurance Co. was organized made it expedient from the stand-|near its highest level for the cur-|bY country grain elevator owners to point of service, time and economy |rent rise with a few issues setting|insure their property and for some) Bush 3 nn to route all through traffic via In-|new 1942 highs. Elsewhere in the|Years has been the largest insurer|gyers pt dianapolis and reduce service on|main list, small gains outnumbered |0f country grain elevators in the the Shelbyville branch to strictly In question has be2n used primarily &s a storage reservoir for good order box cars to be used as required. “There is substantial war activity fat Camp Atterbury, Jefferson proving grounds, U. S. Q. M. depot at number of large defense plants at Louisville and Indianapolis. “It is also proposed to locate a large air force training field near Seymour, Ind. “The war activities have increased dianapolis will not be able to handle the traffic. The first move in reHef will be the re-establishment of through operation over the Shelbyville branch between Richmond, Ind, and Columbus, Ind. via Dub-
losses.
ments over the week-end.
at 133%, up 1,
16%.
up 1.
was up % to 47% on few trades. OLDSHUE ON COMMITTEE
Loan Association, '
Southern Pacific second most active stock traded on the “hig board” today, equaled its 1942 high while Texas & Pacific railway, also high on the active list, reached a new 1942 peak at
Bethlehem Steel held at 543%,
pointed a member of the United
nation. It is now doing a general
News from the Russian front was|insurance business, also. viewed as less gloomy than receni-| ° ly, but traders showed little disposition to carry extended commit-
PRIORITIES GLINIC
A .two-day priorities clinic will open at the Indiana War Memorial here at 9 a. m. Wednesday under auspices of the war production
Schenley distillers was the most|board. active issue on the board, rising % to: 16%. Distillers-Corporation Seagram hit a new 1942 peak at 19%,
Two Washington specialists in priorities rulings and problems will attend. Walton C. Grose, assistant chief of the production require-
tract section of the priorities division, will discuss the allocation classification or priorities regulation
W. F. Oldshue, auditor of the|No. 10. Railroadmen’s Federal Savings & i has been ap-|orities manager of the Indianapolis district WPB office, and his staff
In addition, Albert O. Evans, pri-
WILL BE HELD HERE =
ments branch, will discuss the pro-|g while U. 8S, Steel, which opened less|duction requirements plan. Hardy than 45 minutes before closing tine,| M. Ray, analyst of the business con-
Canada Dry .. 11% Can Pacific ... 4% Caterpillar T . 34%
ER ham) . es Pa Ohio. .
Eq .. Cluett Peab . Golgate P-p ve 148% Col & So 2 pf.. Col Brdecst Colim Gas .... Col Pictures .. 83% Com Credit .... 21% . 36%
83 21% 26% 8
Cons
Cons Coal pf.. Cont Can
y! Crane Co cv pf 93 Crown Zeller ..
se we ow
. 0. ~
Mii 4b HITE HEE or
- we
sf Tene SE SE
I14EIE
I.
“oe
s+ i 4 HEEL
Rem Rand n Republic 8tl..
against 19,165 last | week.
High Low
18 % i
i
+1 Pfeiffer Brew. iy : i
postal Tel Procter &
Radio-K-Or . Ravonier pf..
Net Close Change + Yi — i3|Sept.. Dec > May. $ 3.13] Bye— + % + Y
Pere Mqt prpf. 42%: b i Oct. . Ei Dec
"% | Oct...
Sept.. .89 Dec... 91%
May.. .95% Oats— 50%
52 54s
87% 88% 81% 88% 90% ° 903% 91%
90 94% 94lz2a 95%
493, 50 Ya 51% 52a 03 Ys 83% .54 54%
Sept. . Dec.. May..
65% .66b 69% .70b 14% .75%b
86% J0Y, 5%
Sept.. .60 ~~. .60 .80 60 Soybeans— 1.71% 1.72% 1.71%. 1.712 1.7134 ce ers ene eer 1737%8 1.73% Lard— Sept... .. os .. 1290n 12.90 * . 12.85n 12.85 12.90n 12.90
Dec.. .. .e .. aAsked; bBid; nNominal
Chi icago Stocks
Net High Low Close Change Amer T&T . .-115% 1183, 115% — Atchison 417% 41% 417 + Ya Cent - SW Ut pl Ki 1 ki] vee Consol Bis 113 1% 1% IN Elgin Nat Wat. 22% 2% 22% — J»
She Stewart War... 6% 87a 8%
U. S. STATEMENT
Above-Chicago Prices Fail To Hold and Top Falls To $14.75.
The hog market at the Indianapolis stockyards was generally 10 cents lower today. The new top was $14.75. The agricultural marketing administration explained the decrease by the fact that the local market yesterday was slightly above the national level. The top here yesterday was five cents above the highest paid in the Chicago yards. Receipts of livestock today were 325 cattle, 50 calves,’ 1200 hogs and no sheep.
HOGS (1080)
Good to Choice— 120- -40 pounds As [email protected] 140- 160 pounds ..... sresaan [email protected] 160- 180 pounds ... .. [email protected] 180- 200 pounds ... vee [email protected] 200- 220 pounds
layed it.
One large operator under: government license is just now awarding contracts for factories that he admits should have been awarded six months ago. One of the largest ofy the completed synthetics units is running at half capacity because it is unable to get the raw material out of which to make synthetics. Most of the large-scale production units cannot be expected to get into production until 14 to 18 months from now. They may be delayed still longer if congress succeeds in its attempt to throw the present program out the window and start off on a new one—a new one that may be as good, or better, but that is not started. As it stands today the government’s synthetics program has top priorities on scarce materials for plant building. No war enterprise rates higher. If there are materials to be had, the rubber plants can have them.
220- 240 pounds ... 240- 27¢ pounds .... 270- 500 pounds .... 300- 330 330- 360 Medium 169- 200 pounds Packing Sows Good and Choice— 270- 300 pounds 300- 330 330- 360 360- 400 Good— 400- 450 450- 500 Medium— 250- 550 pounds
Slaughter Pigs Medium and Good-— 20- 120 pounds : CATTLE (325)
Slaughter Cattle & Calves Steers
. 10% 10% will hold clinics Wednesday night{Cub-Am Sug.... 6 * 3 ~|Reyn Met ll [email protected]
Curt Pubprpf.. 13 13 3 |Reyn M cu cv pt 4 a and Thursday on all priorities) Sa “UG P pe 8% 6% 6% Reyn Tob .. questions brought up by visiting|curtise-w A.... 20° 19% n Tob B.. : Ga. 4
manufacturers. li Rustiess 1&s..
Decca Rec ne.. 5% 5% Del & Hud .... 9 8% D & W 3 3% Det Bdison ave. 18 16 Diam Match ... 22% Dist Seag .... 19 Dome Mines ... 11% Dow Chem ....11 1 Du Pont
States Savings and Loan League's 1942 accounting committee -by Fermor S. Cannon of Indianapolis, president of the league. ,
on this. branch line be taken up| for the scrap metals campaign. These tracks run between Bento and from the East and Louisville, | Stocks edged irregularly higher in|T. M. Holloran and M. F. Hill, as.Jumbus, Ind. The reduction in traf-|, der lead of railroad shares. Grain Dealers National Mutual local business between Columbus and Bentonville, which is handled via Columbus, while the four miles Jeffersonville and the government bag loading plants at Charlestown adjoining Louisville as well as a traffic to the extent that the time is approaching when the single track between Columbus and Inlin Junction which will restore to active operation the four mile _ stretch referred to.”
WASHINGTON, Aug. 1 (U, P.).—Govas | ernment expenses and receipts for the current fiscal year through July 30, compared with a year gao is Yea ast Yea $4,976,463, q14. 37 $1, 550, 965, 330, 2 4,331,488,549.35 899,488,031. 5,484,766
Butadiene Is Best . [email protected]
. [email protected] The best rubber so far discovered [email protected] | for tires is that made from a base called Butadiene. Butadiene is [email protected] originally a gas, but becomes an unstable liquid when cold, or when Bugs compressed. Other ingredients are [email protected] | needed, but the battle mostly [email protected] | cerns Butadiene. Butadiene can be made from petroleum, or from: alone ria 13:90013.30 cohol—and by several methods Te each class. Or i can be made {! : *“"|alecohol | that was made from Co petroleum. : Petroleum companies were first in the field of rubber synthetics in the present | emergency—some of them had been experimenting with rub- | bers for years. Alcohol had beex 5| used principally abroad, with methods not at first very well known here. The program was pretty well along, at least on paper, before the congressional farm bloc got on the job. When it did there was immediate uproar. Alcohol can be made from farm products, like corn or wheat, of which there is a tremendous and even embarrassing surplus. Some 600 million bushels of those grains, enough to feed the nation for two years even if no more were harvested, was already on hand before the current crops were in—mostly in the government's
Foresees Post-War Demand
Farm-bloc leaders feared there would be attempts to sell this at a lower price than present prevailing grain prices unless something was done to use it up. They also fore--saw a post-war market for syne. thetic rubber, hence a future outlook for grain as well. By May they had forced allocation of 200 million gallons of alcohol to rubber pro-. duction. One reason why petroleum has been favored for rubber was that: alcohol has many important notably in making explosives. By: the time alcchol production had been found, most of the rubber. program had already been set up. - Mr. Newhall himself gives as his [email protected]| reasons for choosing petroleum:
In Advanced Stage 3
The more advanced experimental development of . the Petroleum. process in this country. The substantially lower cost of production. The apparent lack of increasing demands for rubber (at this time the program was originally set up).. Costs, he admits, no longer are a consideration. What we need is rubber, and speed is far more important than price. But even at a, higher cost for the completed prod-, uct, alcohol costs less in terms of scarce materials and equipment for production than petroleum, at the beginning of the program. Now, WPB officials report, improvements
Dl
Expenses . Safeway 5 pf. 108% i a | Savage Arms... 10% Schenley Dist..
Servel Inc .... Smith A O ... 13 |Socony Vacuum Am Gold...
EE EE esa
WHATS CBBKINY
Continued From Preceding Page
More About Our Wackys!
WISH WE HAD the job of kissing the girls goodby. . . . Oh, my. . We heard this week about more local Tassios going to * Fort Des Moines . to join the Wackys (podden, ladies— WAACS)., . . .- Due on August 24th, Rita Lowe of 5708 Broad-. way, on August 81st, Alice ~. Leatherman of - B20 N. Meridian, on Sept. Tth, Jane Gillespie, 2850 N. Talbot, and then later, Charlene “Hawes of 1333 N. Oakland, Elizabeth Nall of 4525 Marcy Lane and Theodora Bosma of 1504 N. Penn. .. -. . Remember em? . . . And, oh, say, one of the soldier-lassies alyeady at Fort Des Moines wrote home this week. . . . It was Irene Sweeney, who was with the League of Women Voters. . . .
HH
pounds pounds .. POUNAS cesenccscans
Bal. 2,531,981, ®|pub, Debt 81,583,461,767.88 55.851,525,640.24 Gold Res. .22,742,790,382.54 22,673,076,244.42
P+ 1+1 +
Page 2 August 1, 1942
Cb INDIANAPOLIS CLEARING HOUSE East Air Lines. 26 East Kodak ... Eaton Mig .... Erie .
. .
a | Clearings $ 5,424,000 Debits .cieecerriariiirairaciens 14,565, 000 This Week $25,986,000 79,931,000
LOCAL ISSUES
Nominal quotations furnished by local unit of National Association of Securities Dealers. Stocks
Belt RR Stk Yds com wed Belt RR Stk Yds pid *,, | Bobbs-Merrill com
Nice News for the Pryors
BEN PRYOR up at 34290 E. 26th was reading the paper the other evening and ale most fell out of his chair when he read that a young sergeant by the name of Pryor had hung through the fuselage of a damaged plane in the South Pacific and held a rod Gamevel] 00... 13% against the elevators enabling the ship to gen Basing ot come in for a crash landing. Next thing Gen Foods ..... 81% he heard was a cablegram from a friend of young Sergt. Hubert Pryor saying that Hue bert had been decorated. The way Ben’ Pryor feels, you'd think he’d been decorated, too. :
pt A oe Clearings Brera Vac ll. Debits [email protected] Brands ... Fajardo S ped b & a Tn Firestone
PRE HE
oe —- Yi + % 3 4 is - 12
§ Starrett L 8... 2&3 Stew War ..: 3un Oil Superior Oil .. Sweets Co
Florence Btove.
1100- 1300 1300-1500 Good— 700- 900 pounds ...eseesee.c. [email protected] 900-1100 pounds .. .. [email protected] 1107-1300 mounds .. .. [email protected] 1300-1500 pounds ...sscescee.. [email protected] Medium— ' 700-1100 pounds 1100-1300 pounds Common — 700-1100 pounds
. 14 50@15. 25
Texas CO ...... 3 | Texas Gulf Prd 2! Tex Pac L T.. Texas & Pac... Thompson J R.. Tide W A Oil.. T W A Oil pf.. Trans&W Air... i Tri-Cont >| Tri-Cont Twin Cy R T 2 Twin C R pt 44 Twin Coach ...
Hook Drug Co com 1 Home T&T Gt Wayne 7% pid 50 Ind Asso Tel v% pfd Mi Ind & Mich 7% pid 106 Int Hydro Elec 7% pfd . d Gen Serv 6% pfd Thdp P&L 5%% pid . Indpls P&L com . Indpls Water 5% p
8 . 31% 126%
2 14% 13% 7-16
Gen Motors .. Gen Mot Pr Gen Out Adv.. Gen Precision. .
Gen Ry 8ig .... Gen Rty & U..
eo 0 4 ° es eo . eo so .
eec0cc0 etc
. [email protected] [email protected]
+
* % %
W. D. Pelley Goes on Trial
THERE WAS SOME activity over at the Federal Building where the goateed Silver Shirt leader, William Dudley Pelley, and two of his colleagues went on trial on charges of publishing seditious material. . . . The case -is supposed to end in about a week. . « . We'll keep you posted. . . . While they were picking the jury, the defense attorneys asked: “Do any of you listen to or follow Walter Winchel or any other radio commen- wa
tators?” . . . To which Judge Baltzell on Sentral PH 38 i
Guess what she said? . . . Why simply that #The chow’s fine!” . . . What's happening m Cent LI 8 promptly put in: “That doesn’t include Lum Insshs cts Md. 5% and Abner, does it?”
Chot ae 300 pounds : 800-1000 pounds a v 5 1d Good— N In b Ser 2% D. 600- 800 pounds
N Ind Pub Serv 6% pfd 800-1000 pounds
Und Ell Pish.. 36%; ; y 12 Medium Union Carb d ; 500- 00° pounds ...ccscccense
Comm Un Pacific .... §00- 900 pounds
18.50 . 13.50
12.50 12.50
14.25 14.25
13.50 13.50
.e . 200080000000 Gotham Hos. ... Goth Hos pf... Graham-Paige.. 5% Gt North pf.... 3% Green H L 31% Greyhound ae Ta . / Greyh 5% pf. United Aire .... 28% Gulf Mo & Oh.. wo 3% : Un Air Lines.. —— Un Biscuit ....
Hecker Prod.. 5 United Corp..
United Drug.... |& Bolland Furn. 23 u nYewsd ot i
Gos m bi 1004 Mer & Mig.
=
c *So Ind G&L 4.8% pid Union Title Co com United Tel Co 3%, Van Camp Milk pf Van Camp Milk com Bonds Algers Wins'w W RR 42% .. 99 American Loan 5s 51 American Loan 5s 45 r 4's 42-51 ..
Citizens Ind oo} Consol Fin § Cranb- Reynolds. Taylor 4s | 82 T& LR ayne 5's 55 103 . TT ute 3 43..103 Ind Assoc Tel Co 3%s 70 ...105 Indpls P&L 3%s 70 Indpls Railway Co 5s 67 ... 1, | Indpls Water Co 3's 68 1 Kokomo Water Works 5s 58 .. Kuhner Packing Cc 4%s 49 Morris 5&10 Stores 5s 50 . . | Muncie Water Works 5s 65 .
Cutter rand common Canner
Bulls (all weights) (Yearlings Excluded)
T+ | 14+ 1 +: +:
Te FF oessssssss
Beef— Good ... Sausa
[email protected] sesesaacescacnas pl HE . [email protected]. 8.50@ 9.50
9800000000000 00000 0
141:
il Hud Bay MS. 18% 18%
Cutter and common CALVES (50)
Vealers (all weights) 15.00
Good and choice ‘ 15.00 Combmon and medium ! 14.00 Cull (75 lbs. up) [email protected]
Feeder & Stocker Cattle & Calves
Steers Choice—
Fe Ses 3 + : I+: +:
H+
, + to these modern girls? Intercon Rub. 7 TY, Bie | {EE Yr ¥ ¥% Int 4 pf 45% : 0,000 Memorial for Butler Xin “ $10 f van Baste pr tis igs. N Ind Pub Serv 3%s 69
3 eee 26% x av 9% 3 THOSE OF YOU who went to Butler will Thanks Again, Fellows sree 2% Virginian Ry . Pub Serv of ind 4s 6 500- 800 DOUNAS ....econsess [email protected] pe tickled to hear that a check for $100,000 WE MEAN IT. . . . You've all been so oN hide a, 7 J Pub Tel 4%s 85 1 S0D-3030 DOURAS .sesvosssures [email protected] Jones a Lah. on 19% . Wabash pf . " Richmond Water Wks 5s 57. ee. | GOOQ=— was presented the university this week. . . . kind in your comments. . , . We're trying Walker C&W 35 i: * Trae Term Corp 5 67 . a 800- 800 pounds vesssesuesens 115001250 It was given by Mrs. Anna C. Zumpfe, as a to live up to it. . . . An “eye-view,” ac- Kan © Sou ... 4% Warner Be pt. he e103, DOUDHA: nsamiantvrse JL NMDA memorial to her husband, the 1 William cording to optical science, about ‘the most Kelsey-Hayes Be A. Zumpfe. . . . Congratulations, Mrs. legible width type, is the size you're reading. Kinney
W Pa L108 108 ve 1560-1000 pounds [email protected] West Auto "sip 1814 LOCAL PRODUCE DORNEH. snfessrrrusdy 30 ’ Busmptel And to Butler, too! « « « We print % % % it in this form
Common i West Union . 23a 500- 800 ds | Westing El... p Heavy Ty Dens. full-feathered, 18c: ns bs and aver: colored, 18¢c; 5 : d KE. 1 : 3 y so that the Why, We re Really Experts! ome: ols WE'RE APT TO lose our amateur stand
Wheel Sea oe Calves (Steers) wh 13% rollers, cocks, lic (Say! Youmay ing if we don’t watch out. . . . Remember,
Good and Choice— white. and Ba HS, rounds dOWD ...cceeeese [email protected] ze colored. ie: | 430000 gown... ..... [email protected] Calves (heifers) Good and Choice 500 pounds dOWR .....cc..... [email protected] like it your- HE ita dOWD....eo..... [email protected] we've been plugging along for our ball club, self!) can clip SHEEP AND LAMBS (None) . ghe Indians, telling you they were going to it out and mail Ewes (shorn) be in there yet. . . . it to you right Well, darned if they in a letter... . didn't start shooting We're trying to the works this week. make “What's . « « They went up Cookin'” a there in the North- regular home west, around St. Paul dish. . . . That a man In the armed serve and Minneapolis, and ice would relish. . . . Thanks to Pvt, O. D. started pushing the
- "oe FRESE
US To con [BHP Univ L F pt. 145
wots Vom
PELE +:
. 0 ° °
n pf Joolworth : rent receipts 54 he. and up,
Ya Graded Eggs—Grade A, large, 35c; grade A, medium 33c; grade A small, 26c; no
grade. io 14% But 1, Rhee Wo. 2, ' J0%0
41c; onterat. No. 1, 3%¢ I) (Prices on produce’ orion y at IndianC b St b apolis, quoted by Wadley Co.) uro Stocks ; he or om OTHER LIVESTOCK i ose Change| pp WAYNE, Aug. 1 (U. P.).—Hogs— Aero Sup B.... 4% 4% 1215 to 10 cents lower; 200-220 lbs., $14.65; Am Cyan B... ges % 7a | 220-240 1bs., .55; 180-200 lbs. $14.55; 16% » 160-180 1bs., 5 lbs. $14.40; 11% 1bs., $14.15; 3% lbs, $14.15; 1bs., $13.65; $13; stags, Lambs, $13; ewes,
ellow Tr 10% oung Stl Dr. Ea
Le Ze 14%
HEUTE IF HH) . pa .
10% 8%
Zenith Rad ....
he yA Ey Common and choice ......... 00@ 5.00 Spring Lambs Good and choice Medium and good Common
pv
: 35 50@14. 2 1: 0.00011.75 %
CHICAGO LIVESTOCK
Hogs—Receipts, 500; very few good and choice hogs yarded, with early sales confined to odds and ends of medium and good sows and butchers; nominally steady. For the week: Sharp fluctuations in hog
DHE +
wow . « ® .
cx
Se
ead Melville 8 Midland Fi i 10 Mission 117
Calves, $15.
Good and ChOICe...cecrveone. Heiny (OPA 851, clo the New York post- $5 down.
5 e = eh
poys all around the.
Twin Cities. .
in a row they did and they were only a me out of the first division when Mickey pefner of the Millers finally handcuffed ‘em stopped the streak. . , . OI’ Gabby Harte won one of those games with a swell @ run and Johnny McCarthy, the Tribe's . t sacker, was in there slugging all week. « Almost willing to betcha now they will BO on Te Ja
. . Won Corp. Woodrow
The Man's
master) for telling his Mom to keep sending it. . . . And, oh, yes,
we've just heard about Gelarden, of 4301 E. 11th,
who's stationed somewhere in India. . . . Hope he tells us how long it takes to get mail over to there. . . . And he ought to tell Gandhi to behave himself, too, . Hope all you fellows, Army, Navy, Marines, are taking care of yourselves. , . k dum remember that all of this Igoe From us to you a home-town onlin,
Store tells you just
"8 ee What's Cookin’,
No Amer io e No Pacifio . eee
Qlo ol
SEE es es Q w
Ih 4:0
HE
Fi hE]
. .
TV peers Tee ws
a 8
bei pRee)d
| - - 2a
. Py . oe .
250.8005 a SR ¥
SEReREECR TWEE
‘URGE IMPROVEMENTS FOR BICKNELL MINE
Times Special
WASHINGTON, Aug. 1.—Federal coal mine inspectors have submitted proposals to the Bicknell Coal Co. for improving the ventilation system, elimination of open-type sparking electrical. machinery and exercising more care in examining for dangerous gases at the Pan-|& handle mine in Knox county, Indiana. : / Dr. R. R. Sayers, director of the bureau of mines, ordered the inspection to guard against repetition of two explosions which in May, 1041, claimed the lives of 16 workmen. Bicknell
prices ended in little net change with a week ago; top fell to $14.50 early on news of the government price reduction, but reduced loadings lifted the top to $15 ater; at the week’s close the top was $1480 fo- good and choice 180-240 lbs. Butchers and $13.45 for mostly weighty
0 Cattle—Receipts, 200; no calves. For the week: Strictly good and choice fed steers and yearlings advanced 25 cents, with choice to prime 1311 and 1343-lb. steers reaching $15.85; choice heifers reached $14.75; common, medium and low-grade grassy and shortfed steers and yearlings closed 25 cents lower with ‘comparable grades of heifers losing 50 cents; grassy and shortfed heifers ended under $12. 75; good fat cows moved up 35 cents, reaching $11.75, but other grades lost ground; heavy sausage pulls hit $12.75 and the best vealers, $15. Shee; A Sons. For the week: Native and western spring lambs .closed 15 to 25 cents higher with a top of $14.50 for westerns and $14.40 for natives; choice 105-1b. yearlings made $12.25; a few western ewes torped at $6.35, with others unchanged. 4
in the petroleum process have put. . them back on an even footing again —it takes practically the same. amount of strategic materials {o equip an alcohol plant or a petrol eum plant, to make butadiene. : There is reason to believe that, starting from scratch rubber could be produced more quickly from alcohol than from petroleum. . As it stands now 30 per cent of the scheduled output of synthetic rubber will be made from alcohol including grains, sugar by-products, possibly wood, possibly even potatoes. Seventy per cent will be made: from petroleum. a There is no difference at all A) the finished product-—and no diff ence in its final fabrication —wheth= er it came from alcohol
‘Co, 6