Indianapolis Times, Indianapolis, Marion County, 9 November 1942 — Page 13

WPB Order Limiting Inventories Designed to Aid Small Concerns

= . ANOTHER GOVERNMENT ORDER IS COMING lim~1ting the amount of merchandise a store can carry in stock -and the amount of material a manufacturer can have in stock. 4 Agitation for such measures has come from the smaller . Stores and manufacturers who complain the bigger ones 2gobble up all the available stock, leaving them little or noth“ing to work with.

But small business is already complaining that the WPB order, “ still to be made public although its ‘general provisions are fairly well known, is a case of locking the barn door after the horse is stolen. They say that because the order does not propose to confiscate any existing accumulations. But in a sort of “white paper” put out by the WPB, Mr. Budrow jt 5 stated that the government war agency isn’t so concerned about the little fellow as such but is worried about the uneven distribution of supplies. . The forthcoming order, as now #Planned, will limit their stock-sales ratios by quarters for the base years 1939, 1940 and 1941 and keep their current inventories geared to that .base. That, of course, applies only to civilian goods. Merchants or manufacturers witi less than $100,000 sales or $25,000 inventory in the year ending Sept. © 30, 1942, will be exempt. So will t+ food merchants, eating and drinking places, second-hand stores, florists, antique stores, service establishments, steel or other raw material warehouses, dealers in motor vehicles or replacement parts, hay-grain-feed stores, farm implement dealers, fuel merchants and importers; and BanUtantgens supplying these merchants

SE es

TRADERS BUYING ‘PEACE SHARES’

War Stocks Sold Heavily; Market Opens With A Rush.

NEW YORK, Nov. 9 (U. P.).— Favorable war news brought selling into war stocks and buying in peace issues today on the stock market. Trading began with a rush at a rate of nearly 2,000,000 shares for a full session and later quieted. The market opened on blocks of 1000 to 15,000 shares, largest in International Telephone, which made 8 new high at 6%, up . Among widest decliners were aircrafts, biggest beneficiary from a war on the basis of contracts. These stocks broke fractions to more than a point. New York Shipbuilding lost nearly a point. Steels were down fractions to more than a point. Patino (tin) Mines lost more than a point. Railroad issues, regarded as war stocks because of heavy war demand on transportation, declined fractions to more than a point. Gainers included utilities, mercantile shares, airlines, rubbers and tobaccos. Some chemicals were strong, notably Allied, which was up nearly 4 points. Oil issues held about steady. Sears Roebuck, Montgomery Ward, and Woolworth made new highs. Homestake (gold) Mining (closed by a war order) rose more than a point.

» 2 8

ODDS AND ENDS: OPA is looking into the illegal upgrading of cigars and canned goods (renamed, relabeled and priced higher) because it is an evasion of price ceilings . . . There is a rumor some sort of monetary agreement was made when Treasury Secretary |, Morgenthau was in London ... No restrictions on holiday travel are expected; first come, first served « » « U. S. may adopt that Canadian law freezing business expansions, prevent new concerns from being launched for the duration.

LOCAL ISSUES

Nominal quotations furnished by local tinit of National Association of Securities Dealers. Bid Asked Agents Fin Corp com

Aids War Firms

WASHINGTON, Nov. 9 (U. P.).— Manpower authorities reported today that war industries have welcomed as an invaluable aid in stabilizing their labor resources the newly-announced “manning table” plan of the war manpower commission. By aiding employers to anticipate and itemize their manpower requirements, the new plan is designed to facilitate the selective service system’s occupational deferment program. It will enable local boards to withdraw for armed service workers now deferred who can be replaced without disrupting production schedules. Similarly, it will clarify the essential nature of jobs for which deferments are justified’ Officials said the tables, which must be approved by selective service and WMC officials, would list specific jobs, not specific workers, in order to prevent possible discrimination, principally against union members, when local boards begin withdrawing replaceable men for the army.

U.S. STATEMENT

WASHINGTON, Nov. 9 (U. P.).—Government expenses and receipts for the current fiscal year through Nov. 6, compared with a year ago: Las

This . $24,084, ‘os 976. 11 $7, 526, bar 21m. 12 War Spend. 22,007,852,832.47 5 . . 4 582, 225, 261.71 . 19,49 99. 473,164.40 4 870, 063, 111. 64 4,797,604, 308. 8 2, 338. 282. 326.52 . 4,035,095,722 8,186. 2

©.22,740,116,187.10 22,788,091,716. i

3obbs-Merrill com 3obbs-Merrill 42% pf Comwlth Loan 3% Pe Hook Drug Co 12% Home T&T Ft Wayne 7% pfd 51 5% p 95. f h 7% “pid [nd Byaro Elec 1% ord Ind Serv 6% a P&L 5%% EI Indpls P&L com . Indpls Rlwys Inc,’ com Indpls Water 9% pid Indpls Water Class A com. Lincoln Loan Co 5% pfd .. incoln Nat Life Ins com. Ind Pub Serv 5%% pfd N Ind Pub Serv 6% pfd N Ind Pub Serv 1% pfd Progress Laundry com Pub Serv of Ind 5% pfd.. Pub Serv of Ind Inc com So Ind G&L pfd ....c..00 "ee Union Title Co com

Algers Wins'w -W American Loan 5s § American Loan 5s ° ‘Cent Newspaper 4las 42-51 . Ch of Com Bldg Co 4%s 51.. Citizens Ind Tel 4%s 61 . Consol Fin 5s 3 Sa Yi %)as Taglar 4s ... i Hom T&T Ft Wayne 6s 43.. 108 Ind ee Tel Co 3%s 70..105 Indpls P&L 3Ys 0 106 Indpls Railway Co 5s 67 [ndpls Water Co Iss 68 Ya Kokomo Water Works 5s 58..104% Kuhner Packing Co 4'2s 49.. - 98 Morris 5&10 Stores 5s 50..

“78 106 97 108 108 821, 108% 101° 101 109 109% 101

Expenses.

Gold Res..

INDIANAPOLIS CLEARING House

Clearings dreviee etenssreennrsens $ 4,456,000 ebits 12, 675,000

5 Richmond Water Wks 5s 57. % Term Corp 5s 67

Trac . 841s “Ex-dividend.

SIWORD PUZZLE

Answer to Previous Puzzle ring (colloq.). 10 Traps. 11 Entreaty. 13 To move ip water. 14 Skills. 16 Foe. 18 Twirl. 20 Arid. 22 Animal. 23 Recording secretary (abbr.). 29 Witty thoughts 33 Within. 34 Like. 35 Pompous show 36 Age. 38 Auricle. 39 Paid notice. 41 Book palm 43 Grain. 45 Alaskan city 50 Ignited. 52 Beverage. 53 Animal skin.. 54 Three (prefix)

. HORIZONTAL ¢ 1,5 Pictured U. © 8. Naval. official. ‘11 Peels. 12 Beginnings. 14 Morindin dye. . 15 Erbium (symbol). 46 Finish. 17 Chews upon. 19 Bright color. 21 Peril. 24 Grasp. 25 Black, viscous fluid. 26 Javelins, «~~ 27 Half (prefix). , 28 Biblical pronoun. - 80 Print measure.’ -81 Tensile

D G

Al D A G E

| L 0 AT VERTICAL 1 Judge Advocate

16 Arranged (abbr.), 47 Exclamation. 48 International (abbr.). language. 2 Mineral rock. 49 South African 3 Rove “ trength village. 4 Nova a Sen 51 Dine. (abbr.). '82 Jumbled type. 53 Foot (abbr.) 5 Two-wheeled - 35 Long for. 55 Myself. cart of India. 87 Music note. 56 He holds the 6 Command. 40 Male deer. rank of —— 7 West Indies 57 Sun god. 42 Right Worthy 58. Pocketbook. (abbr.). 58 Parent. (abbr.). ortune. .8 Hen’s product. 59 Symbol for 1 Operatic solo. 9 Member of ‘samarium.

6

=+rationed goods in England and of-

New System Is Expected To Go Into Effect After Christmas.

By ANN FRANCE WILSON Times Special Writer WASHINGTON, Nov. 9.—American housewives will learn about “points” shortly after Christmas. Point values have been put on

fice of price administration admits that the American rationing system will follow closely the British pattern.’ So, American housewives’ shopping lingo is about to change for they will discuss the “point” value of various rationed goods instead of the price. And these may vary just the way prices do. For example, if the output of peas were increased and consumption reduced, making peas more abundant, their point value might be lowered by the OPA. Thus there might be a “point bargain” sale of peas. Though the general ration books will not be distributed in large cities before the first of the year they will appear in mfddle-western and southern rural areas before Christmas, making it possible for Christmas shoppers to pick up their ration books on their one-day trip to town.

Statisticians’ Headache The new books contain stamps

n ered 1, 2, 5 and 8 units (such as pouandy, dozens and quarts) or points, hese four numbers were

not chosen by chance. Mathematical experts decided on them because they add up to more different totals than any other four numbers. In fact, card in hand, Mrs. Housewife will be able to purchase any item requiring from one to 16 points except four and 12 points. You are supposed to tear off your point coupons vertically, not horizontally. But conceivably you could make 4 points by tearing off two 2's horizontally. Possibly, there will be no rationed goods requiring four or 12 points. However, though the machinery is all set and ration books are rolling off the presses by the thousands,

statisticians have a far worse head-be lowered in order to stimulate

Rationing by ‘Points’ will Control - Shopping: Follows British Pattern

SPEC oi Pe

DOWN TO 2 POINTS

2

ache than that of finding the four right numbers for the ration books. Now they must work out the total point value of goods on hand in order to be able to distribute them equally, since rationing means equal distribution of a limited supply.

Take beans, for example. The total point value of all beans must be compiled and then divided by the number of ration-book holders in order to divide the beans equally. OPA admits that the job of keeping the demand within the supply is no small task.

To further complicate the situation, however, points will not be allotted to foods, supposing foods are rationed, on the basis of their relative food value only. Points will also be allotted in relation to supply and demand. Here again, supposing beans were more abundant than peas and at the same time less popular. The point value of beans would then

With ration “points” allocated according to supply and demand, Mrs. America may soon be shopping for point bargain sales.

the consumption of the more abundant commodity. In this respect point values will be able to balance supply and demand.

Meat for Sure

Meat, however, the one item which it is known will be rationed, will probably not be included in the point system. As in England, housewives will have to choose one butcher and stick by him for the duration. He will keep track of his customers’ rations and also he will be able to guage the amount of meat needed from the wholesalers for the week. Though OPA {is not mentioning any of the other goods that will definitely be rationed except coffee, it is understood that fresh vegetables and fruits will not be on the rationed list. Even in England, where food is anything but abundant, no means of rationing goods which are sold straight from the grower to the retailer or

WHEAT FUSURES SAG 2 GENTS A BUSHEL

CHICAGO, Nov. 9 (U. P.). — The |a wheat futures market broke more than two cents a bushel on the board of trade today. Rye and oats strengthened. At the end of the first hour, wheat was off % to 2% cents a

bushel, corn off4 to up %, oats up 15 to %, rye up 1% to 1%, and soybeans inactive. Favorable war news failed to stimulate buying in the wheat pit and the weak market dat Kansas City had a bearish effect on bread cereal futures. Liquidation by a large commission house contributed to the decline. Traders awaited a change in attitude toward flour ceilings on the part of the office of price administration. Corn advanced to new highl|1 ground on the opening market induced by buying of May corn by cash houses, but turned irregular. Commission houses bought rye in moderate volume. May wheat futures firmed in the Northwest but December weakeped in Minneapolis and Kansas City. Other grain futures strengthened

Winnipeg exchange.

Hogs—117,000; slow, 10 to 20 cents lower than Friday on all weights and good and 1bs., [email protected]; top, $1 4.45; lbs., $13.75@14. 20%, 5.800 and choice 300-500 1bs., 314 25014 Cattle—1600. Calves—15Q0; a all grades fed steers and yearlings steady; gomparatively little done however; undertone weak n 50 ood to average choice; common and medium grade closed steady; strictly Shee offerings steady, several loads, [email protected]; best around $17.50; fed steers mostly steady; gor Sis weighty offerings, $16.50; bulk $13.50 to $16; cows slow, steady; weighty cutter cows, $8.7 most medium to good fat cows, $9. hoe 12; strictly good ewstern and cows to $13; bulls and vealers active, firm; heavy sausage bulls to $12.65; vealers, $15.50 down; stock cattle steidy on good and rhoice offerings. stro medium grades; latter selling Fd si@La; Choice western stock steer calves to $15.7 Sheep—6000; early sales on a aaughter classes fully steady; unevenly higher on best fat natives lambs; bulk good and choice fat clipped lambs with No. 1 pelts, [email protected]; choice fed yearlin $13;

Sirade

in out of town markets.and on the|p

CHICAGO LIVESTOCK |: P

N. Y. Stocks

High Allegh Corp ...13-32 Allied Chem ...143. Allis Chal

Net Last Change 13-32 -+1-32 143 + 3% 27Vs Ve 69%2 Vs 6Ys Vs 11%, Va 12 Ys V2 . Ya Ys 1% a 1 Ya 1 Ya Ys 8

vy, Ya

8 Ya 58 2)

Am Am Roll Mill... 113 Am T & T.... Am Tob B..... Am Water W.. Anaconda

Beth Steel Borden Borg-Warner .. Bdgpt Brass ... Chrysler 6 Comwlth & So.. Cons Edison ... Cons Oil Corn Prod .... Curtiss-Wr .... Douglas Airc . Du Pont

Gen Electric .. Gen Motors .. a2

74 Ys ‘ 3 iy Hecker Prod .. Hudson Motor... Indpls Pw & Lt Int Harvester .. Int Nickel t T&T ... ohne an . Kennecott

esge SS Kroger Ss & B. L-O-F Glass .. Link Belt ‘

Ys

SOA AI . :

ul

+1:

Oil 11 Owens Ill Glass ackard 2 Pan Am Airwys Paramt Pict .. i

++ HH ++

Republic Stl ... Sears Roebuck . Servel Inc

oy

Std Oil Ind.. Std Oil N Jes. Stew-War Stokely Br .... Studebaker ... Swift & Co.. Texa 9Y2 United CArsiati EH Un Gas 5 U 8S Rubber, U S' Steel U S Steel pf.. Warner Bros .. West Union ...

EN,

I+;

62 28%%2

other decks good, [email protected]; holding best slaughter ewes upward to $6.25 and above.

THIS CURIOUS WORLD

JAPAN,

ACCORDING TO ANNUAL PER CAPITA CONSUMPTION OF OA P, IS THE OIRPTIEST OF ALL THE MA JOR Nations /

COPR. 1942 BY NEA SERVICE, INC. T. M. REG. U. S. PAT. OFF.

[++ +++]

Young Sheet .. 33% 32%,

By William Ferguson

( 7) EW SN, \

nil o ol, oy, ’

ALTHOUGH cr ee

IN THE UNITED STATES ARE NAMED FOR ABRAHAM

consumer has been devised.

s | lines, it was understood.

Va. »| decided upon to test elimination of

% | community has its own brewery or : breweries.

: to be avoided.

215

by Offerings little better than steady; sows

7% around 825

CROSS-HAULING OF BEER TO BE BANNED

WASHINGTON, Nov. 9 (U. P.).— The office of defense transportation contemplates restriction of beer deliveries to ease the wartime traffic strain upon transportation facilities resulting from cross-hauling, it was learned today. Deliveries of beer probably will be limited to small areas around the producing brewery, inasmuch as this is one commodity in which there is an exceptionally large amount of cross-hauling by railroads and other transportation

Cross-hauling, it was explained, is the practice of shipping commodities produced in one area into another area producing the same or similar commodities. Beer was

such practice, since virtually every

R. J. Lund, chief of the WEB miscellaneous mineral branch, has warned that cross-hauling must voluntarily .be eliminated if serious impairment of supply through inadequate transportation facilities is

OTHER LIVESTOCK

FT. WAYNE, Nov. 9 (U. —Hogs— 5@10 cents lower; 240-280 bz. i Ri 25; 200- ; , $14. 15; 280-300

Roughs, $13.75; stags,

12; mal |8 15; calves, : ils hogs:

$16; lambs, $13. 75;. ewes,

9 (U. P.).—Hogs— » | Receipts, 4225; compared with Friday's a ? |Saturday's markets, 160-280 1bs. steady to cents lower; 280 lbs., up: 5@10 cents Moers hghingignis Sn A steady. 's top, or good and choice 160-240-1b, weights; 240300 1bs., $14.35; medium and good good grade sows, $13@13 Cattle—Receipts, 1300; calves, 400; receipts light for Monday; all steers and heifers, . except strictly good .and choice, fully 25 cents and more higher; most good kinds in limited numbers of choice

CINCINNATI, Nov.

bulls steady; good 95075@14; medium steers, ; good to choice 875- 1b. heifmixed steers and heifers Ibs., $14; individual head steers, $14.25@14. 50; most good baby beef type calves and yearlings, [email protected]; few individual head, $14; good feeder calves scaling 425-450 ibs., $14; 525-550-1b. feeder steer calves, $13.50" common and medium beef cows active, fully steady at [email protected]; good cows, [email protected]; some outstanding young fat cows higher; canners and cutter cows, $5.50@8. Sood bulls, $11.75 down; common nd 2s ium, $9, 50@11. 25; vealers steady; top, $16; good and choice, $15@16; common and medium, [email protected] soba Receipts, 600; ‘rat ket: t steady; gh to test marke ew good lots, [email protected]; choice kinds PA a early, but believed salable to $14.75 and Bre ora far slaughter ewes weak, mainly

steady to stron 1175-1b, Steers, $i [email protected] ers, $13.85;

——————————————————— WAGON WHEAT

p to the close of the Chicago market body, Indianapolis flour mills and grain elevators paid $1.24 per bushel for No. 2 red wheat (other grades on their merits). No. 2 yellow shelled corn was 75¢c per Jushel and No. 2 white shelled corn, age

|in the price of crude oil.

HIGHER PRICES FOR OIL SOUGHT

| [Industry Fears Shortage

But Does Not Want To Be Subsidized.

This is the third of three articles on a threatened shortage of petroleum.

By MARSHALL McNEIL Times Special Writer

WASHINGTON, Nov. 9.—The oil industry and officials of the government dealing with petroleum prob-

the oil shortage with which the nation is threatened. They aré unanimous in the belief that there must be more exploratory drilling—more “wildcatting”— to discover additional petroleum reserves, and that processes for developing substitutes for oil should be sought. How to bring this about is quite another problem. The industry has its answer: Higher prices. But thus far, although it has been carrying on a vigorous campaign for many months, it has not convinced Leon Henderson, the price administrator, that an increase is justified. If there must be more drilling, Mr, Henderson suggests a government subsidy. The oil men’s argument is this: Costs of drilling have gone up. Labor is hard to get. Civilian consumption is being curbed. There must be more wildcatting, and this can be best achieved by making wildcatting profitable again. But Mr. Henderson takes the position that neither the earnings reports of oil operators nor the cost

seem to warrant a general increase He mentioned the subsidy alternative, Bert Aston of Roswell, N. H., testifying before the O’Mahoney committee of the senate, gave this answer to the subsidy proposal, and he might have been speaking for the entire industry:

Ickes Doesn’t Say

“The oil man doesn’t want a subsidy,” he said. “He isn’t that kind of an animal. He doesn’t want the government or anyone else to subsidize him. All we need is an adequate price for our oil.” ~ The National Conference of Regulatory Bodies—public agencies that regulate the oil industry in the various states—passed a resolution stating its position this way:

lack of drilling and exploration work; and “That provisions be made at an early date for an increase in price on crude oil whereby the producers may be given an added incentive for making new discoveries.” Secretary of the Interior Ickes, the petroleum co-ordinator for war, hasn’t said that an oil price increase is absolutely necessary. But he has said that the whole situation as to price should be restudied. Senator Joseph O'Mahoney ' (D. Wyo.), whose committee has been investigating the industry, has not said that a price increase is necessary, although he seems to lean that way. What he did recommend was that the government, through the Reconstruction Finance Corp., start immediately the financing of wildcatters. “The nation’s need for new oil reserves is so great,” he said, “that the operator who already has good oil property should be able to offer that property as security to the RFC for a loan to be paid back over a sufficient term of years, provided the advance is to be used in the exploration of new fields.”

Cole Lends Support

Former Representative William P. Cole (D. Md.) in a long report on

-»|0il to President Roosevelt, said there

'|was no other way to assure ourselves of adequate supplies of oil than to see that oil producers get at least cost of production for their petroleum. “For lack of foresight,” he wrote

in the East Indies and in Burma to | deny this precious product (oil) to our enemies—let us not deny it to ourselves by failure to develop oil before its shortage is a catastrophe. There are several ways that this can be accomplished. “By the government itself drilling —the most inefficient, uncertain, and expensive. “By subsidy—subject to endless delays and the hazards of favoritism. “And lastly, by an increase in the price of oil, slightly above the cost of production. ‘This last method is certain, is free of complications, and follows our traditional economic system. “It is of paramount importance . « . that we look at our drilling campaign now for our supplies of petroleum in the autumn of 1944.” In addition, Mr. Cole recommended that the government wildcat the indicated large oil reserves of Alaska, saying this could not be

No. 2 white oa 46c, and No. 2 red oats, 46c. a i

done by private capital.

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lems are all agreed on how to avoid |

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“Resolved: That the nation is on, the brink of an oil shortage due to

Mr. Roosevelt, “the united nations ; have failed in France, in Rumania,

Forbes Coming

B. C. Forbes

Business Editor Speaks at Chamber of Commerce Meeting Nov. 18.

B. C| Forbes, editor and pub-~ lisher of Forbes magazine and now managing director of the Investors Fairplay League, will speak at the luncheon meeting of the Indiana State Chamber of Commerce here Wednesday Nov. 18. He will discuss “Our Economic Future.” Louis Ruthenburg, president of Servel, Inc, of Evansville, and who has been president of the State Chamber of Commerce this past year, will preside during the day which will be devoted to the organization's business affairs. New officers for 1943 will be elected during board of directors meeting oom the membership session. Business representatives from every county in the state are expected to attend. Mr. Forbes’ work with the Investors Fairplay League is in organizing the many investors, life insurance policyholders, savings depositors, homeowners, small businessmen and other propepty owners into a group to express its opinion on affairs which jeopardize the security of their holdings.

G. OF G. HAS RATION

HOG PRICES OFF 1070 15 CENTS

Receipts Swell to 15,000 Porkers at Local Stockyards.

Large receipts of hogs at the Indianapolis stockyards today sent prices down 10 to 15 cents below Saturday's, the agricultural marketing administration reported. The top was $14.40 for good to choice 200 to- 300-pounders. Receipts included 15,000 hogs, 1850 cattle, 500 calves and 3500 sheep,

HOGS (15,000)

pounds UNIS coenes pounds ...ee. pounds ..eee . pounds ..eoeccecenes pounds

120- 140 140- 160 160- 180 180- 200 200- 220 220- 240 240- 270 270- 300 300- 330 330- 360

Medium — ; 160- 200 pounds ............. [email protected]

Packing Sows

Good and Choice— 270- 300 pounds 300- 330 pounds .... 330- 360 pounds 360- 400 pounds Good— 500- 450 pounds 450- 500 pounds

.. [email protected]

14. 35014. 40

14:[email protected]

sso cs e00 0000000

crresssnises 14.3 . 14.25

14.35 14.30

Medium— 250- 350 pounds Slaughter Pigs

Medium and Good— 80- 120 pounds

12.309 13.55 CATTLE (1850) Slaughter Cattle & Calves Steers

[email protected]

pounds pounds pounds pounds ....

pounds pounds .... pounds pounds ..

1300-1500 . [email protected]

Medium— 700-1100 pounds cceecccosoee 1100-1300 pounds ..... nr Common— 700-1100 pounds . crsssanes

Heifers

12.25 12.25

14.75 14.75

[email protected]

Choice— 600- 800 pounds ceens. [email protected] 800-1000 pounds .....es000400 14.85@15,95 Good— 600- 800 pounds ..eecceseess 800-1000 pounds esessssseess Mediim— 500- 900 pounds . Common — 500- 900 pounds Cows (all weights) [email protected] . 10. 20010. 73

[email protected] [email protected]

[email protected]

[email protected]

Bulls (all weights)

(Yearlings Excluded) Beef—

BLANK FOR FIRMS

The Indianapolis Chamber of! Commerce has an advance supply of official application forms for obtaining gasoline rations for trucks: and company-owned passenger cars, C it was announced today. These forms are OPA R-536—the application form for transport rations required for commercial motor vehicles, and OPA R-551—the application form for fleet rations for passenger automobiles where three or more are owned or leased by and operated by the same firm or person. In each of these categories a single application form may be used for all vehicles for which the applicant seeks gasoline, according to Alex L. Taggart, Marion county war price and rationing board chairman. The forms will be distributed free of charge, the chamber of commerce said. It asked those wanting forms to call in person.

DAILY PRICE INDEX

NEW YORK, Nov. 9 (U. P.).—Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Saturday ........ccec00000.. 160.70 Week ago ssesssnsess 109.68 Month ago—Holiday, Year ago ........... cesessees 144.88 1942 High (Oct. 1) .eee00e.. 161.45

. [email protected] Sausage— Good. (¢ Jail weights) ceessaes Mediu 10.00 9.00

11.25 10.00 CALVES (500) Vealers (all weights)

Good and choice 15.50@16,00 ommon and medium , 14. Cull (75 lbs. up) [email protected]

Feeder & Stocker Cattle & Calves Steers

Choice— 500- 800 pounds .. 800-1050 pounds

Good— 500- 800 pounds 800-1050 pounds ...

Medium— 500- 900 pounds Calves (steers)

Good and Choice— 500 pounds down

Medium—=— 500 pounds down Calves (heifers)

Good and Choice— 500 pounds down

Medium-— . 500 pounds down : [email protected] SHEEP AND LAMBS (3500) Ewes (shorn)

Good and choice . .....e..... $ 3% £00 Common and choice ....e.c0..

Lafhbs

Good and choice Medium and Good:

[email protected] [email protected]

. [email protected] [email protected]

[email protected]

[email protected]

[email protected]

. [email protected] 13.25@ 14.25 [email protected] Yearling Wethers Good and choice Medium

[email protected] [email protected]

BUSINESS AT A GLANCE

Nation Paper & Type Co. year ended Aug. 31 net income $367,583 or $5.13 a common share vs. $183,678 or $2.27 previous year. Standard Oil Co. of Ohio nine months ended Sept. 30 net income $3,413,359 or $3.92 a share vs. $4.,-

1942 Low (Jan. 2) .......... 151.54

464,095 or $5.30 year ago.

WHILE THE REST OF

THE TOWN SLEEPS HAAG’S ALL - NIGHT DRUG STORE 22d and Meridian

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