Indianapolis Times, Indianapolis, Marion County, 13 February 1943 — Page 11
NoittSparks Industries Making 180 Different Froduets for War
: NOBLITT-SPARKS INDUSTRIES, Ne, made 180 ditferent ‘war items last year for the navy, five branches of the army and the office of civilian defense. Some of this f was on direct contract, some through sub-contrasts, From the company’s plants at Columbus, Franklin, Seymour and Greenwood, almost 16 million dollars worth of war ‘materiel was turned out. But profits, as in so many cases, were lower, despite increases in sales. G. Q. Noblitt, president of the
company, stated in his annual report : iho net tnoome tor 062! J 6 : : Was, $861,007 which 13 equal to $362 a a share on the he 237,500 shares of J §§ : b stock outstanding,
. compared with $1,095,438 or $4.61 : in 1941. ; B hare I vear| TOD Advances to $15.75 as|sm the company cut Arr Ahr ‘Hock Gi 18% its price to the| 1900 Porkers Arrive at Armour Tipe Bt 5532 overnment on : 7 . Eo of the war Stockyards. -items it manufac- : tures’ and Mr.| Hog prices advanced generally 2 : Noblitt said prices|cents at the Indianapolis kyar tias Mi. Bud others will be ots ¥, the zood a Sarbution Mme A on ty, I warrant. The| istration repo: 8 CB rodoet as conditions warment. The was lost in a few sales. Bald doo, ot : 12% 12 * in December that it wanted to look| Weights from.160 to 300 pounds Bangor & Ar.. 7 over eertain products to see if con-|sold generally in a price range of |ZaREF & APf 1244 tracts on them couldnt be rene-|$1555 to $15.70, while 300 to 400-|Barnsdall ..... 14% gotiated at a lower price. The com-|pounders brought $1550 to $15.55, |Bentrice Cr ... Bor } pany suggested that renegotiation|and 100 to 160-pounders sold from Bendix Avn ... 36% pe " Best & Co .... 26% pe put on a “over-all” basis which [$14.10 to $15.10. Best & Co .... 304 was granted. Mr. Noblitt said he] The top was $15.75 for good to Beth 8t 191 1g expected the renegotiation to start/choice 200 to 225-pounders. Sows Bor shortly. weres scarce, bringing $1450 to Bosing Air 2s 108 * While the war is absorbing all|$15.25. Receipts included 1500 hogs, | Bond Stores . the firm's efforts at present, Mr.|500 cattle, 25 calves and no sheep. Borde i Noblitt assured Stockholders Jat . Bower r® Bre . the post-war period has n n HOGS (1500) rew ¥ ‘neglected. A committee of four di-| = 10 oie Bdgpé- mis, ‘rectors for several months has ben [email protected] Bristol ty Strat. : So making detailed plans for recon- 140 160 POURAS....coneisees 14.85 15.60| Bri Stol. My .... 3% verting without delay when peace 180 . . 15. , BH comes. In pre-war days the firm : 2 . manufactured the “Arvin” auto- 15. Z mobile heater and radios and other 55 tl [email protected]
automotive equipment. ; Tia Ves .- [email protected]| 3 #8 8 2 180- 220" pounds......... vee [email protected]
a1 SOME INVESTORS apparently Packing Sows Buctingtin M.. ; 32% rT’ are optimistic about the prospects |¢ und: [email protected] urtougns © Sy pI of Servel, Inc., the Evansville gas : js t0ais. is) ush TB pt... i yelvigeraos ams — ; Ee re. [email protected] Butler Gai 3 8% stock felt as low as Ga 150 POUNAS. ...q.iveer.. [email protected]| BYOTS, A M.... 11% but recently went as high as | Zo i pounds. .... [email protected] | Byers pf C $12%. po pounds... veecsas Mi TBI BYSIS Pl ion Bw ~ Now in war production, Servel's 150- 250 pounds [email protected] | a1 packing ... 25% "volume is not what it was in Slaughter Pls Callahan Zinc. "15-16 - peacetime, but is on the up-grade. | Medium to Good— alumet & H... 71% CATTLE (500) a. share, ar 2 = = Slaughter Cattle & Calves Sartiers a oo ah INDIANAPOLIS has grown faster o Case J 1 Bs than normal because several large| ! » u oh . 18. 00 | Cater rpillar T. “ os war industries have been built here,1100-1300 pounds .... : Celanese 5 pr pf 96% 9e% ; nf a RO. luring in workers. It has a “good” 1300-1500 pounds .. oes Colotex on +e Interlake Ir. as prospect of retaining many of these ob povods s0| Sent Aguirre iA Liv : In people after the war, in the opinion 3 ae rit Cent I Lt Lt pe. ‘108 of De LD M. Hauser of the|jso 1500 pounds ............ [email protected] Bena Fasco. 31% censu§ bureau. Medium— : ertain-teed ... Dr. Hauser rates this city “A-4.” 00-1100 pounds Tresssisees Jal oi Cities in “A-1" have the best pros-| J19-1300 p prevssnserer BLEUE, ct pects of keeping war-boomed popu-| 700-1100 pounds teses. 11.50013.50 |G lation, “A-2" have superior chances, ORE: Heifers “A-3” have excellent prospects and| Choice— ¥ ” 600- 300 dS viiieenieie 14.75@15. y “A-4” good prospects. Evansville is| $0,000 POURS i101 nr 18780 16.50 | SHOE, W Ry -put in the same class with Indian-|gooa— ; Ch 2% apolis. S00- 300 Pounds cecsgneasans 13 5014.18 Ch Pn Ph 2 ot 38% Ft. Wayne has only a fair (or im POUNGE..srevnresys HL DQUIS CLR 14 “A-5") chance of staying where it} 500- 900 pounds ....eceeees. [email protected] ‘4s in population. South Bend Common— : "stumped Dr. Hauser. It is in «“p-1, »| 500- 90 pounds an sain ssesss [email protected] LA 55 I meaning a city which is losing pop- Good 8 ; 50 | Cleve Graph Br 32% ulation or growing very little and 50} Climax Joly Co 32% hard to figure out post-war pros- Guter wna Common a pects.
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A 57% 57 Sed = ; May.. .80%. 80% July... 82% , 83% Sept.. .84% 84% Dec... .88 8% Soybeans a—Asked; b—Bid. 1°’ Wheat t—No Jakes.
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The original cost of Northern Ine
$71,001,032 yesterday by the publis service commission, which is $9,498,= 326 less than the amount carried on the company’s books. The commission ordered the come pany to amortize the write-off ak a rate of $282,000 over 30 years. petition by the city of Hammond asking that the determining of original cost be deferred until utlity submitted its own cost report to Hammond was rejected.
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LOCAL G GRAIN
Wheat—Pirm; receipts, 8 cars; No. 1 red, $1. 51%@1. 53%; 50% @1.51%; $15 503% @1. Siu No. 2 hard,
Cio% 1. o Liou receipts, 31 cars; No. 2
Corn—=8Steady; yellow, 92@03c! Not 3 yellow, 89% @o1%e; white corn, 17¢ over yellow; mixed corn,
1@2%c under yellow. Un Bate 58%c; Wo 2 zed. Ls @58 0 8c. Noy. 8 Soybeans Nominal," receipts. “Sars: Tn- Un Wi Paper: 2 Home Ta Fo Wayne 1% pti. 80% le 0 . diana and Illinol [] y W, 4 Wright Harg . 2% Tel 6% pfd..coco... 95
: Ind Asso T U. S. STATEMENT ————————" "ind & don 1x pla ool awn ampemmoton re 3 ©. Fon: Chicago Stocks [hits es 3% 5 ie
current fiscal year jie h Feb. 11 com- Indpls P. & L COM ....occ000 14 pared with a Sear a ug 4 Net Todpie RI 3 Inc, COM ...... 14 This Last Yea High Low Close Che Wa ys a cieses104 Expen - $44,020 344,131 83 321, 625, S67 Am Rad & 2s: ie = 1% 7% + Ya Water ss A com . War Sp eiiding 40,439,087,639 11,300, 1980.78 3% : Receip '650 5, 105, 998. 4 1% Net Deficit. .. 85,092,926,331 10,142,133,343 . C caves 4% 4Y, Cash Bal aes 6.887.583, 303 2,901.200,012 ves 6% Work. B 2,141,849,632 | Cent PS 6 2 3 Public kr “116814180 048 66,244,763,498 w % 9-18 Gold Reserve.. 22,642,273,963 22,741,289,635|C hgo Corp ee 3 : \ slid Cities Se reive .
6% INDIANAPOLIS CLEARING HOUSE |Comwith Edison 34%
Consum Today Mls Corp 11% CIOAPINES ..eeovcnensnnrsssssnss.$ 5,780,000 Debits ©. : rd Tn 00 a
Clearings, «s+. $20,687,000 Houdaille-H Debits ........... Sama s a eeeioee 58,901,000| 1nd Stl Pr: oe - Int Haryester i
TL Ken-Red Tu FOREIGN EXCHANGE |uibby Menar NEW YORK, Feb. 13 (U. P.).—Following iid we In Print . are noon cable rates on major currencies: Mi England ( ung $4.02; Canada (dollar), |ymy 90%c; 3 Cha (peso), $1.00; Mexico (pego), Minn
20.70¢ Montg Ward Nash-Kelv
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LOCAL ISSUES
Nominal quotations furnished bdy fie of of National Association of See
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Algers Wins'w W RR 4%%... 99 American Loan Bs 51 .. . 94 American Loan 58 46 Cent Newspaper 42s 42-51. . cae Ch of Com Bldg Co 4%s 51... 2 Citizens Ind Tel 4%s 61 ....103 Consol Fin 5s 60
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ais 29% : : Young Sheet Spiegel . | Sylvania El Pd. Young Sheet pf. 85% ; ..+._ |Studebaker .... Syming-Gould. % % 5% Young Stl Dr . 1%, 1 Sunstrd Mch T. 1
Trane Co Talcott J ..... 6 : - Ys “e Wisboldt Stores. 6 8 8 . | Trac "erm Corp 5 Tenn Corp .... 10% + Zonite . 3 + Yates-Am Mach, 52 ean x-dividend. Texas Co. ... Tex Gulf Prod. 3 Tex G Sul .... 3 Tex PC&O .... Thermoid . Thermoid pf .. Third “Av Ty
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Eo! Kuhner Packin Co 4%s 49 Morris 5810 es 5s 50 Muncie Water Works hs 66 104% N Ind ‘Pub Serv. 3 072 N Ind Tel 4%s 58 Pub Serv of Ind 4s 6. .oanainy Pub “Tel 46s 5
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ol & 4 : Bulls (all weights) Col & Aik pf . $4 2 has) oer (Yearlings Excluded) So! Ruel & Eon 1 . Cel we - ODDS AND ENDS: WPB has ps a. 13.25@14 25
lifted the ban on making metal gauss Yas : Col Broadcass A 18%
Good fat weights) a........ [email protected]| Col Broadcast B 18 pails, buckets and washtubs for| [eoc & 13.00| Colum Gas 3 civilians; substitutes were too long Con atid common 9.50 11.50 | Col Gas 6 pf A. 51%
in coming. . . . Treasury Secre- CALVES (25) gol Pictures oi n,
tary Morgenthau is working on ¢ Com Inv
Tr ... 33% $11 - Vealers (all weights) Com Solvents . 12% plans to raise at least 13 billion dol- | 5.4 ang choice Ee [email protected]| Comw & So ...13-16
lars in April's victory fund drive. Common and medium 12.00 18. 00|Comw & So pf. 41% 41% Cuba is talking about setting Cull (75 lbs. up) [email protected] Somw Zdison . rn
up a central bank, like our Federal| 'eoder & tn & Calves | Gong-Nairn ... 19%
Reserve. . . . One chain bakery |cChoice— Sons ohlreratt, 11% bakes bread in pans with shallow| 300-1080 bounds 0 133861350 | Cons grooves, showing novice cutters|Good—
500- 800 POUNAS .....cs.00..+ [email protected]| SONS Fil
| Cons where to cut. 800-1050 pounds .....eesee... [email protected]| 000 moog
Medium— 3 ; 500-1000 POUNAS ....cc...... [email protected]| CONS
LOCAL PROD UCE 500-7900 pounds sanve sessrian [email protected] Cont Bak
6% Cont Bak pf. 191 Hea: breed hens, 3% lbs. and over, 26¢; hens, 3% Ibs. and under, 23c; Leg- Calves (steers) horn hens, 23c. Good and Choice— in Brolless, a Ibs. sna ver, solored: gec; ats, Jounds down [email protected] white and barred rock, 27c; orns, — ‘ Roasters, 4- lbs. and over, colored, 27c;| 500 pounds down [email protected] Cont white and barred rock, 28c Calves (heifers) Stags: ain aie; peavy breed, 22¢. Good and Choice
C Cocks, . 3 Eggs—Current receipts, 54 lbs. and up Hd pounds. down [email protected]
jum-— ded s—Grade- A, large, 35c: 500 pounds down .. [email protected]| & medium, 33; grade A, small, 25¢; SHEEP AND LAMBS (0)
7 1, nd No. 2, 46@ Ewes (shorn) ose butterfat, No. 46c; No. 2, 43c, | Good and choice ... (Prices on produce ten at Indian- Cra ot . apolis quoted by Wadley Co.) Lam! be ur © | Good and choice vas ’ A Cudahy : WAGON WHEAT Medium and good . «14. \35 | Cuneo. Press.
to the close of the Chica market : oe - Curtis Pub ... 3a. oy. *omritanapotis flour mills ee graf Lambs (Shorn) Curt Pub pf .. 42% elevators paid $1.45 per bushel for No. 2 Good and choice [email protected] | Curt Pub Pr pf 38% wheat (other des on their merits). | Medium and good Curtiss-W. 7% 2 white oats, 56c, and No. 2 red oats, on 12:[email protected] Curtiss. Wr A. 24 56¢; No. 3 yellow corn, 30s per bushel, . Yearling Wethers Cutler-Ham ... 19%
and No. 8 white corn, $1.0 . . [email protected] ’ Good and choice ............ 13, 0a1s. a0 Davegs strs 5 . v. 8S. GOVERNMENT BONDS © Treasury Bonds Canadian. Industrial Alcohol Co., Dece
Net |Ltd., quarter ended Nov, 30 net ini low Close Ch 3Yss 1945-43 20134 101.34 101, for 3: = come $132,775 or 12 cents a share |D 3 000.60 Vo 100.10 100.19 10019 + 1 hi $148,223 or 13 cents year ago.
Your Income Tax—No. 23| tr
Taxpayers who use the simplified net income and the normal tax net tax return have no worry over this| income is the amount of the earned
: income credit. The surtax nét initem. All they have to do is consult come is the net income shown in
the chart on the reverse side of fiom 19, less the personal exemption East their return, find their income block | ( em 21) ‘and the credit for dein the appropirate exemption col- ents (item 22). The balance Bio umn and then enter the amount on|subject to normal tax is the sur-|Elec the face of their return as their| tax net income léss the earned intotal 18%. i le ‘will sh : : the longer e follo example ow ks 3 uihers ah: oer how to compute the normal tax and figuring begins atter Lhey have com- surtax on a net income of $3500, all puted all their deductions and cred-| of is Fefiretents a its and now Start to calculate their without gy Net income ..........ee.ve.s.$3500
Less personal SESHPUOR. veo | 300 500) :
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Many thousands of government allowances, or allotment checks are now being mailed to relatives and friends of men in the armed forces. As usually happens where oppor= tunities of this kind present themselves, large numbers of swindlers are obtaining and cashing these checks by stealing them. forging indorsements, or counterfeiting them.
The United States Secret Service has started a nation-wide “Know Your Endorsers” campaign in an effort to minimize : : the losses to business houses where these checks are cashed, , 7 ~ and to protect those recipients who may be victimized. The . : is following suggestions are made by the United States Secret - The appearance of Service for handling government checks:
this Information Mes-' 1. Very jdefinite identification should ‘be required; sage in these columns Letters or cards should be scrutinized carefully ts evidence that this as they may be forged o soles Even Sovial jo eats ibe. ‘Security cards, driver’s licenses, efc., may have Un Stores : publication sub scribes been prepared to fit the occasion. Univ Oyelos ti 131s : to the principles of : ; niv Leaf T.. i a 64% : the Better Business 2. The check should be indorsed 5t the He it le Vadsco Sales .. L 18 % 11. 3 : He : cashed. If already indorsed when presented, the aes 100 B ureay, and co-oper holder should be required to sign his name again. Ven Norm Moh 10% 10% 10% .... ates with the Bureau i t anetk Victor Chem 26 ? wn protectin - 3.7A stranger presenting a Government chec Va-Caro 6 pf.. 4 . % AE lie rare to g She pub. should be Im carefully, especially if the Jieinian my ot 2 33 : check bears an out-of-town address. Questions Vulcan et i 2, 92, 1's of refusing to accept make a forger nervous. e A cra RC PEC } Vultee ‘Airc pf. ie the adveriising of 4. Be wary of checks drawn in favor of a woman fi irms whose advertis- that are presented .by a man and vice versa.
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Waldort ys 5% cu 2% - "ing and sales policies y Walk Hir-GEW. 42% 42% 42 ° are proved by the Bu- 5 Be Supidon of any person Who is in a big Nee EEA he By reau to be contrary to : : Ward Bak B. 2 ite - public interest. _ 6. All checks should be initialed by the person: who 5 o : accepts them. 5 18 2 Ena i ‘Thie abovs stggestions. will Drovide.s satogusd ugalfish lots. : : ; in handling U. 8. Treasurer's checks. If you should desire further information along this line, a itive of the Secret Service will be glad to furnish. personal ir lo Your efliovess after hours or at any time that, 1s mosh
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Balance (surtax net income) "$3000 ajar Earned incume credit......... 350
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Net income subject to norSurtax upon the surtax net income: | F On the balance above $2000 ¥ ($1000) at 16 per cent..... 160
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