Indianapolis Times, Indianapolis, Marion County, 10 October 1942 — Page 4

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! 5

& BEREREESE

et we cone| TRADE LIGHTENS With Two Millon Share Days - By ROGER BUDROW

der wEER

Ton Declines to $15. 25 ¢ as 4600 Porkers Arrive

At Stockyards.

Hog prices turned 15 to 28 cents. lower in a slow market at the In-

But Prices Hold to Best of 4

; The Year in Average; A MILLION-SHARE DAY IN WALL STREET is to Steels Q : ter. brokers what pay day is to the boys in service. For a teels Quieter.

ge they have good money in their pockets. This has NEW YORK, Oct. 10 (U. P)—

the dullest year on the stock market since 1912. That| Trading lightened in the pre-holiday it was up until yesterday and the day before. ~~ - I ro rigs. hea

More than a million shares of stock were bought and|in the averages.

d on the N. Y. market on both days. They were the year’s| Omnibus Corp. featured in turnst million-share days. And the general price average Se 3 xaos snall sn, walle g upward to the year’s highest. point. General Gas & Electric A How come? Well, for one thing " : also had large turnover at 1% off ‘war news was better. But re-| were fruits and vegetables (down %. Fair volume came into Gen-

: eral Motors, Socony- Vacuum, member that the speculators aren’ 3.2%) and sugar (down 1.9%) Sout nc, New York Cenmbling so much on what is hap 8 = = tral and Commonwealth & Southpening as they oppg AND ENDS: Washington em,

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$15.25 for good to cholos 240 to 200pounders. Receipts included 460 hogs, 276 cattle, 35 calves and 275 sheep.

HOGS (4600) Good to Choice

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are on what Isl; oonin talking about billeting war

going to happen. So, judging from the way stocks ,went up, they expect definite upturn in the united nations’ prospects. Another reason is that the public that was : burned badly ‘back in 1929 is coming back slowly to the market again. Ordinary ‘folks who are making good money ut have fewer places to spend it, “taking a fling” in the market

workers in private homes in boom towns. |. . . Indiana State Chamber of Commerce tells members that “removal of the penalty rate in the state unemployment compensation law looms as a distinct possibility in the coming session of. the legislature.” . . . Roadside stands on U. 8. 52 (from here to Chicago) complain their business is already off - considerably, fear gasoline rationing will knock them clear out. . « . Rubber Chief William Jeffers didn’t like it when the OWI (office of war information) blue-pencilled his first public speech.

Steel shares were quieter with firm while gold mining issues held and utilities steady. Oils held small ‘levels of the year. point. American Telephone was firm. Western Union made a new high for the year. A few preferred shares made wide its high at 88 up 4%. Radio-Keith-

Orpheum preferred made a new high at 47% up 3% points.

ETT TERRA

gains and were around their, best|}

prices about steady. Coppers were{Am Zin steady. Motors and rails were firm, Armour 11

Du Pont gained more than afi, Aviation orp:

ld Loco et .. &

Ohio .. Dt & Q ot .s

gains, Hat Corp. preferred equalled Bangor & Ar, - n Bernsdall 1

: §;uqsoigucuas,

DEERE 4 HL

$35880adalR,

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Hank ab FRESRE qa > oz ny SRT EERIE

I ‘GC . Murphy 4% pt. 110% 110% wm Nabco L Co . 6% Naan-Kelv ere 35% Nat A 18% Nat Allie) Pibres 4%

+. |Nat Aviation -~ t Biscuit ... 1

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sesvasesevins hs J4.00

1s > cesses 15.08 tastesesarans * 1810015, . Li pounds

unds, eaves vanes A “er LA 15.1

pound venesssnes 15,[email protected] [email protected] pounds ..eocsesseces 13.00 15.10

Pounds .cccevcenesss 14. 15.10

‘Good — 400- 450 pounds . castssbintns 14.86 1% 450- 550 pounds . csssasnnnssee 14.

Medium 250- 550 pounds [email protected] ‘Slaughter Pigs Medium and Good—

90- 120 pounds ........" 13.009 14.00 CATTLE (275) Slaughter Cattle & Calves Steers Cholce—

gain. And if the public gets the Chicage o Stocks

k market fever it had in the SMALL FIRMS NOT “Hoover boom” almost anything can Low Close Change “happen. § J| Abbott Lab ... 47% 41% There were other, more tangible W L LID Tr Whi. 2% oe . 27 Ce % 1 PS 8 pt 53 53 53

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y . Hudson Motor .

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Ill Central ....

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15.78 18. 3

16.80

which would be easier on corpora- , ti profits and dividends. Heavy Roosevelt's executive order provid-

earloadings and continued high|iD8 War labor board supervision of earnings helped railroad stocks.|Wage adjustments. Movie shares were boosted to new The WLB unanimously voted late | Mh highs on news their funds held in|yesterday to exempt firms and in-|Mir

‘block by England soon would be|dividuals employing eight or less

: No'west Bancp. 10% ‘released. : persons. Paramt Pic i) a

Talk of her prices sent ‘the Mr. Roosevelts order providing|Pure Oil (w) .. petroleum highs E Frico highs. Steel [that no wage increases or decreases|usker Ost mills set their highest production|P® Sranted except with WLB ap- Stan Beds 4) 35 ‘record and their stocks went up,|PTOVal gave the board authority tog gs Rubber (u) 23% ‘Bonds were irregular and commod-|8T8nt such exemptions in the case| Walgreen Co .. 18 {ties, for the most part, went to the of small total wage adjustments as|yeilow Tr (u).. 13% season's Jowest. it might deem necessary for effec-|Zenith Radio .. 16% tive administration of the order. DUCE £4 2 . The action taken by WLB ex- LOCAL PRO ~~ FOOD PRICES in Indianapolis |tensively relieved its administrative |; Beary reed, hens. full-festhersd, 11a rose 0.2%’ from the middle of |purden. If the step had not been| Springers. 1% lbs. and over: golored, 18; August to the middle of Septem- |taken, it would have been forced to|bs Ted and white rock, ide: eocks. be.

ts ber, according to the U. S. bureau |act on wage adjustments of the 8¢ Ibs. and up.

Haeaseioer

1 1100-1300 pounds .....s 1300-1500 pounds sesecesscane i

pounds cvsavessverie 18 - pis ¥

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THR EE LE DEE FL

ares [email protected] cessation 13.75 18.25

Db] PR TE A

vesesssasees [email protected] 110-130 pounds .. cesessasensess [email protected]

Coo 1100 ) mounds enesnse [email protected]

Choice . 2% 25. + 600- 800 pounds .....coeeeasd Walgreen 18% 18% i 800-1000 pounds ...coeevsnces 14008125 Walker H-G&W 38% Wh 38Y. = % | Good 3

Walworth .... 4% 600- pounds ...cceoeneee 12.75014. Ward Bak B .. % $00-1000 pounds ..ceeeescss Ra 3014.00

Warner Bros... 8 o_o 1300-00 pounds ....vesseees 10.50012.78 CROP REPORT SEN = <i i Tr GRAIN PRICES DOWN == oo Ana

Ive on nn ol CHICAGO, Oct. 10 (U. P).— Ph cr a3 #loemt a bushel on the Board of|sea cent a el on e a 0. Trade today after the publication|® Sige Od all waighte) +1. © 163881150 3 Dav is - 38% % of the record and near-record de- ceressesss [email protected] 134 eee JEaZEer.Et 2 + %| partment of agriculture crop rearmelee fa... |port. Vealers (all weights) Wheat broke to the lowest levels Sood and choice ......... ve. $18.00 in a month induced by: the bearish |Sommeon and medium 18.90 it Net crop estimate of 984,046,000 bushels| Feeder & Stocker Cattle & Calves Low Close Change 8 is ©..”|of: winter and spring rain. This teers aI qt pf. 2 crop topped last month's estimate| oor 800 pounds wg1su0 100% + 3% Pet +lof 981,793,000 bushels and was a gi pounds '. sesunesnees in 12.15 . 1 *'y | near all-time record. . eal if = Phila 8 pin 61 Corn slid to new lows for the Tames : sonseneneens INAS rhe :.% | season . and : December: futures|M dropped. to the lowest for any fu- Nal Sounds csessssseesss [email protected] tures since last December. The = 00 yoiads Bhasin 9.00010.00 possibility of a hog price ceiling ves (steers : substantially below the current| 3339 324, Cholce— market, coupled with a bumper corn crop, the highest on record, s| sent. prices to the low point for| geod and Choice— : *| the year. [email protected]

1560 por pounds down 10.00013.78

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NY N Y NH& N Y sh ig : 0 A | Norf & West od ¥[No A

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Butte Cop & Sug Ng a . i% , Byers, AM . ; = rvis Co ese 3% 8Ya Johns-Man_ 80% . ; Bw nn i, | Norwalk T pt . 8% 4 .... |Norwich Pharm HW

+ ir BEF EERE OR FREER PEER Err

10% 5%

{3 32 14%

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Ya 247 4%

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Elev ...... 18 15%

LEE

Bulls (all weights) (Yearlings Excluded)

ceeces. 11.20012.28

A Pac Coast .... 6% Pac G .

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817 “28

- of labor statistics. U. S. average [small retail and service establish- 0 ded s—Grade A, largs, 38c; grade was 0.4%. ments such as shoe shine parlors, |A, PE he: grade A, small, 35c; no Biggest increases here were (barber shops, grocery stores, filling |S75d% 6. = uous No 3 wo

at Indian-

(Prices on : i i apolis toted "by Wadley Co.) E 7] I % +1 Curb Rn

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Page WHATS CBBKIN

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eggs (up 8.7%) and fats and oils stations, jewelry and drug stores and |48%e; butterfat, No. 1, 48¢; No (up 15%) and biggest decreases |other retail shops.

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Oct. 10, 1942

iw FE 53988.

Forel Feks

I+ FWA

Continued From Preceding Page What's Cookin’ in Sports— Hanging’s Too Good for 'Em— INDIANA'S BIG THREE, still nursing WISH YOU FELLOWS did be. bere 168 bruises from the kicking around they got a R. OC. A's public war out hie a

week ago, are hoping the tables are turned tern this week-end. . To date, Notre Dame Coliseum fomortow af oan. The feature attraction’s to be a “necktie” party for A. has tied one and lost one; Purdue lost two, Hitler, B. Mussolini and another rat named

[email protected]

[email protected] Calves (heifers)

i442

-3 Wet WO

—- '

: 9-32 32%

and Indiana

. university won . over Butler ‘but lost its Big

Hirohito. They're

effigy. . . . Too bad it isn’t going to be the real thing. . . . But never mind; it won't

be long, we hope.

going to be hanged in

. « « Were all looking

Nine opener. coliast . week's scores: Vanderbilt, 26,

forward to Oct. 18 to 22. That's when 2000 troops are coming here with tanks, planes, guns, etc, to put on a thrilling sham battle

“for us home folks out at Butler stadium.

. « « Proceeds go to army relief. Tickets at THE MAN'S STORE. . . . We took time out during the week to note the birthday of James Whitcomb Riley with a pageant at the

gons Coppermin

Edison .. 15%

Cons Edison ot 87 Cons Film ha

% Rasonier PE ven

Radio-K-Or Bt. Ry Sec Ill C . Raybestos Rayonier

15 16% . 1%

41 Reo Mot Republic stl . ab

Revere C Reyn Met Dey M Reyn Sprin Reyn J field Of ustless 18

LOCAL ISSUES

Nominal al Justsiigns furnished by local uit. of of National Association of

Stocks Belt RR Stk Yd

s com Ys| Belt RR Stk Yds 6% fd

SHEEP AND LAMBS (275)

Ewes (shorn)

Securities| Goa and choice 6.00 Common and choice ... &. 538

. 14.00 : 1278 i 10.50013.50

CHICAGO LIVESTOCK

Hogs—Receipts, 800; not enough good and choice hogs to make a market; nominally steady; quotable top, $15.65. For the week—Butchers held sitady. to to 3» cents Jower. Sows advanced cents per hundredweight, Darvel

om Butche 3 3 sho awed Res as. 200 Joatd. —— ‘es ers bringing . Ss, aver Safew 5 Lincoln Loan 5 fees 88 | 300-350 20 cent of the swine Bonny 5 .107% v, Lincoln Nat Life Ins com... 2 market, were in the unusual position of St Jos Lea 32% 32% .s commanding a top of $15.75, highest price ragmBy iN Tha Pub So iis Reins she ca -16 : attlle — Receipts, AE an Fran i. 5 Ie 6 Pr adiy com i2 For the week. veral | ioads of medium Schen] 0% .... Serv 3% “oes 88 wR eds and ad weighty stee Seab'd o Sees . 1 rh [1 Seab’d 5 Ind Ind 84 ifs" 1h ‘Light ries reached $16.85 and Y, a Co com’ . 37 Ib.; atl ngs Srovghs $10.88. Shoice . a lings sls. h me aa were in demand, with ners and . cutters, the Spo department. Vealers were fully I eep—None. For the Good

old Lockerbie st. home. The army joined in with about 20 planes flying around during the ceremony. . . . Sheriff Feeney has invoked the 9 o'clock curfew law to put a crimp in the activities of hallowe’ening Juveniles.

—

3% 4 9% 8 i .15-16 15-16 5 bf. 101% 101% 46a 44%

Notre Dame hopes for victory over Stanford and I. U. over Nebraska. Purdue takes on Northwestern and Butler's braving Ohio uni sity. . . . If Billy Hillenbrand’s a little off his game this week, blame it on’ love. He's just announced his engagement to Miss Inge Pelikan, a junior from Evansville. . . . orge L. Gardner, assistant to the I U. athletic director, has reported as a first lieutenant in the air force at Miami Beach. ., » The hockey season opens Nov. 1 at the Boliseum with | the Caps meeting the §0eS, he wants ‘Washington club. The Caps will show their What's: Cooks in a pre-season match with the parent in’” to follow iroit Red Wings Oct. 21. Herbie Lewis is him. . . ok as manager. + Well, pass the

J Vr & “What's

Cookin’ ”! Pvt. ats Off, Fellows— .

THE MAN'S STORE is proud of Pvt. B. . Kirchner, who used to work at Kingan’s before ‘that wag 3. life, guard si ihe soon as he has read his “What's Cookin’ ” he d Ripple pool. Down at Keesler fleld, sends it to a soldier friend at Camp Grant. ; he saved a comrade from drowning. They both like it, he says. . . . Jimmy Mills s off to you, Pvt. Kirchner, . . . Yes, (301 ) has joined the navy and EE oe oo gone to Great Lakes, where he was made a N. Delaware). Wile escorting flying ; ‘He’s the nephew of Mrs, ss over German-held France, this -haired lieutenant and three companions thot down four German Focke-Wulf 190 Sichters. Hope he gets 40 next time. . . . nd then there’s Milton Russell, 2343 Colwho has given five sons fo the armed ps, Virgil, 24, is in the army air force; , 21, army; Hubert, 21, coast guard; arold, 18, marines, while Max, 19, joined he navy Monday. Real patriots, those

Err FE SEEEEE SRRErsRsEs 8 a srees woe ou rN Q =

HEHE HELE ELL

or rare

% % % My, How We Get Around—

JACK J. HEIMLICK, who has been around town for some years—lived seven years at the Claypool—is going with Uncle Sam's army as a buck private. He called THE MAN’S STORE to tell us that wherever he

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ad to at $10@11. . in the week choice Colorado lambs Y ed $14.50. Jearlings We were $12.75. Most ewes h .50@5. , and feeding lambs st s at $13 pbs,

FT. WAYNE, Oct. 10 (U. P 25 sents x

$14.85; 160-180 1bs 140-150 100-130 Ibs.

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CINCINNATI, Oct, 10 10 (U. P.).—H Receipts salable 500, total 900. All weig! grades and classes barrows and bo cents lower, sows steady. Day's bob, $15. 3 aid for good 200-260 1bs.;

160-1

ERR $2 PEER Fe Pile i ie seer F e » 2k go" gays

sows, $14. ago weights over 160 bs: 25 cents 25, ce lovers 256 cents higher, sows cen e—Receitps salable 300, total 600.

DR. SAUVAIN ACTING |cHisesii i El A I. U. BUSINESS DEAN| yg STATEMENT

WASHINGTON, Oct. 10 (U. P.).—Gove ernment expenses and recei for the current fiscal year through . 8, compared with a :

iF $

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SEasgtisies

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us a line, sometime, Jimmy. . . . Betty Jane Scott, 1736 N. Alton ave., reports she has

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3,407 Cash Bal. y oe , 305, .05 EB Fo) Gold Res. 2.156.074.6439

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