Indianapolis Times, Indianapolis, Marion County, 18 May 1943 — Page 13
R
Incentive Pay Plan Being Tried| At Lafayette’s Aluminum Plant
SSURES ORDERLY DRAFT
Indiana Region’s Schedules Cover 475,000 Workers, 1004 Plants.
WASHINGTON, May 18 (U. P.) .— The war manpower commission today assured a minimum of interference with the war production of 5550 plants through orderly withdrawal of men for the armed forces. These ‘plants have filed replacement schedules with selective service state directors and cover 3,000,000 workers liable from military
By ROGER BUDROW
THE ALUMINUM PLANT AT LAFAYETTE is serv-| ing as a guinea pig for the incentive pay theory. That theory| is that you can get more war production by paying bonuses to workers who exceed normal production. The Lafayette plant is the first in the nation ‘where an incentive pay plan has been approved by the national war labor board and it is understood that it was put into effect there at the request of the WPB, whose Vice Chairman Charles E. Wilson is very much in favor of incentive plans.
EMPLOYMENT
Compared With March, 1943 % 5460 . ...... + 05 $2,985,810 . 23 3731 ..ii0000 + 33 2,658 . + 348 . — 168
Compared With April, 1942 59,902 $2,012,507 . 4,290 ....... “e 2615 ......... + 340 L767 0000. = 808
April, 1943 Employment (Manufacturing) .... .73,855 Payroll (Weekly) Less sesevesvenes $3,055,290 Sought Jobs (Persons) vesnee.3,862 Obtained Jobs cassssanvensesd, 584 Filed Unemployment Claims ............337
LEE ER A
There are several reasons why the trial ought to turn out well at Alcoa’s big extrusion plant up there. The aluminum extrusion plants haven't been able to keep up with demand for our big aircraft program. There is plenty of material (aluminum ingots), but the bottleneck is in the capacity of the extrusion plants. Therefore, worker output per manhour might be Mr. Budrow boosted to make a good showing. The Lafayette plan is based on individual workers. The time for doing a certain amount of work in the past is used as a norm and workers who exceed that norm get the extra pay. This is the most common of incentive pay plans and the type that has been used in the past. However, the WPB is believed to favor plant-wide plans where all wrokers would share when production rises. This has some bugs in it yet. Wouldn't that benefit workers whose production records have been poor? And wouldn't it make workers jealous in industries where the material supply was so limited that production just couldn't be increased? The Lafayette plan affects about 2800 workers. Alcoa officials expect it will boost their wages about 20 per cent. How much it will boost production remains to be seen but it should be about 20 per cent also. If the extra pay brings extra production, WPB officials believe that can’t be called inflationary. ” » = IT COST BRITAIN at least four million dollars to knock out those two Ruhr valley dams by dropping land mines from huge Lancaster bombers. That's far from exact but to
get a rough idea of what bombing Europe costs, do this: Take the number of big bombers lost in each raid and multiply by $500,000. Eight bombers were lost in the dam-blasting. Add to that the valuable gasoline. But the biggest loss is priceless — the highly-trained crews.
” ” »
battlefields of North Africa will be arriving in U. 8. soon, according to magazine Steel, to be remelted into war weapons again. Some iron ore has already been received.
= ® ”
ODDS AND ENDS: Interior department experts say U. S. has three trillion tons of unmined coal, enough for 1500 to 2000 years at present rate of use. . . . The next war bond drive will be in September, Morgenthau says. . . . International Harvester spent $25 million getting ready to make M-7 tanks (a big contract) and then the government called off the work, probalily because of the current deemphasis on tanks. . . . Film Daily says 1943-44 movie production will fall 15 per cent. . . . Bendix Aviation Corp.'s profit for the first half of this year (March 31) was $8,190,000. . . . Asbestos Manufacturing Co. at Huntington, Ind. has received government authorization to build a $100,000 plant (with government money). . $l-a-year men cost more than that; it averages $3600 a man, counting travel and living expenses, and the WPB now has 850 of them.
OPA CHANGES FOOD SUPPLEMENT NEED
The minimum business increase needed by institutional users for supplearental food allotments was cut in half today by the OPA.
those given to institutional users during an allotment period to take care of an increase in business occuring fh the period.
Hook Thus, the increase need be only half as great as it was in the past. |;
The reduction applies to estab-
lishments in group II, which in-|; : ¥ Indpls P & L co
cludes prisons, insane asylums and other institutions of involuntary confinement, and to establishments in group III, which comprises hotels,
commercial eating places.
A. T. & T. PRESIDENT WAS PAID $210,250
PHILADELPHIA, May 18 (U.P). —The American Telephone & Telegraph Co. paid President and Director Walter S. Gifford $210,250 in
1942 the company’s annual report S
filed with the securities and ex-
change commission disclosed today. |}
Other A. T. & T. payments included C. P. Cooper, vice president and director, $101,299; C. M. Bracelen, vice president and counsel, who died Oct. 8, $69,545; C. F. Craig, vice president, $52,500; F. B. Jewett and K. 8. McHugh, vice presidents, $66,000 each; A. W. Page, vice president and director, $67,200; M. R. Sullivan, vice president, cnd A. Heiss, comptroller, $50,000 each.
1100-1300 pounds 1300-1500 pounds ...
Good—
1100-1300 pounds Common-—
Medium Saher and common SCRAP IRON and steel from the, Canner
Good to choice Common and med Cull (75 Ibs. up)
Medium— 500
anapolis securities a alers. t t ey Fin men are Supplemental allo $ Belt R Stk Yds com Beit R Stk Yds “8% ri Bobbs-Merrill com .. senna Bobbs-Merrill 4%% pra Circle Theater com
Indpls Water pf Indpls Water Class A San
PRICES ON HOGS REMAIN STEADY
Top $14.65 at Stockyards;
Receipts Include 8300 Porkers.
Prices on hogs remained steady stockyards the top for 200 to 225 pounders holding at $14.65, the dis-
at the
today,
Indianapolis
tribution administration reported.
Receipts included 8300 hogs, 1700
cattle, 450 calves and 75 sheep.
HOGS (8309)
120- 140 pounds 140- 160 pounds 160- 180 pounds 200 pounds . 220 pounds . 240 pounds 270 pounds 300 pounds 330 pounds 360 pounds
Medium—
160- 220 pounds [email protected]
Packing Sows
Good to choice—
[email protected] «oo [email protected] «vo [email protected] vers. [email protected]
270- 300 pounds 300- 330 pounds .. 330- 360 pounds 360- 400 pounds
Good—
13.95 «. 13.90
14.05 14.00
400- 450 pounds 430- 550 pounds
Medium —
250- 550 pounds [email protected]
Slaughter Pigs
Medium and Good—
90- 120 pounds
CATTLE (1700) Steers
Choice—
700- 900 pounds 900-1100 pounds
[email protected] [email protected] [email protected] [email protected]
700- 900 pounds 900-1100 pounds
1 338 16. 2 25@
1100-1300 pounds .... . 1300-1500 pounds ....veieeens
Medium—
700-1100 pounds [email protected]
700-1100 pounds ...... « [email protected]
Cholce—
50 25
15. 16. 15. 5.50
od— 600- 800 pounds 800-1000 pounds
50 . 1 30G15.50
Medium—
500- 900 pounds .. «oe [email protected]
Common—
500- 900 pounds Cows (all weights) [email protected] [email protected] [email protected] J 9.25
Bulls (all weights) (Yearlings Excluded)
Beef—
Good ....iiviiiones biases [email protected]
Sood. (¢ (all Weights) edium
Sausage—
[email protected] CALVES (450)
Vealers (all weights) [email protected] [email protected]
Feeder and Stocker Cattle and Calves Steers
Chotlce—
500- 800 nds
pou [email protected] 800-1050 pounds
sevestsaceee eset ersnsees
Good—
500- 800 pounds 800-1050 pounds
veresesssees [email protected] [email protected]
estanvnetene
Medium—
500-1000 pounds [email protected]
Common-—
500- 500 pounds ..... [email protected]
Calves (steers)
ses sean
Good and Choice—
« [email protected] 13.00914.50
500 pounds down
Medium—
500 pounds down Calves (heifers)
Good and Choice—
500 pounds COWR ...eesees.. 16.00015.00
pounds down .....ceveee 13.50914.00 SHEEP AND LAMBS (5) Ewes (shorn)
Good and choice
Good to choice Medium and good
and choice good
Good Medium and Comm
LOCAL ISSUES
tions by Indi. Be Asked
Nominal
nts Fin Corp ora
Co com Ft vaste 7% pid. a Ind Asso Tel 5% p!
Indpis Rlwys Inc com
restaurants, railway dining|y In cars, clubs, tea shops and other N
P United Tel Co Co 5% Unjon Title com Van Camp Mik pid | vee Van Camp Milk com Bonds Algers Wins on 0 BR 68. “8 Ss 51 . . 98
general Muncie
Reading Co. March quarter net today income $3322154 or $187 a cOM-| 4 whea mon share vs. $1,987,126 or 92 cents| No.
year ago.
[email protected] [email protected] [email protected]
[email protected] [email protected]
ping on every route from England,
meet enemy attacks at sea.
the lines suggested by a committee of experts several years ago. Their recommendations, for a separation of the administrative and judicial functions of these agencies, were embodied in the Walter-Logan bill, which was much debated in congress and failed of enactment by a small margin. Today something similar is functioning as a result of the exigencies of war. Can Appeal Decisions
The OAH, with regional hearing commissioners in each of OPA’s nine regions, will handle the .judicial functions connected with OPA’s administration of rationing regulations. The public may appeal to it from the decisions of ration boards, without going to the expense of starting action in the federal courts and waiting while their slow machinery grinds out a decision. At the head of the OAH is Louis Harris, who has the title of acting hearing administrator. To him will come any appeals that may be taken from regional hearing commissioners now functioning in nine large cities. Mr. Harris has the final word on these cases, so far as the executive branch of the government is concerned. Any citizen dissatisfied with his orders may go to the federal courts and ask an injunction to prevent their enforcement.
‘Respect for Rationing’
Mr. Harris has been head of the industry council of OPA for two years, coming to Washington from New York, and he continues in that office, but his functions as hearing administrator are separate. “We want to bring about respect for rationing regulations, and see that they are observed. Where they are violated, we are prepared to take action, but not punitive action. All criminal procedure against violators, where that seems necessary, is taken through the courts. We seek to secure enforcement of regulations without undue hardship on anyone, Mr. Harris says.
Considers All Letters
“The power to suspend an activity in a rationed commodity must be used with the greatest care, he warns. “Except in rare cases, where a retailer deals only in one rationed commodity, a suspension order of ours would not put a man out of business. It would only suspend his right to do one sort of business for a time. “For instance, if a restaurant were to violate a coffee rationing regulation, we might suspend its right to sell coffee for a time.” But even in that limited field, Mr. Harris says he will exercise his powers with discretion. The OAH considers any letter which it may receive, indicating dissatisfaction with a previous ruling, as an appeal. It doesn’t wait for a formal petition to be filed.
“53 | GRAIN FUTURES FIRM
ON BOARD OF TRADE
CHICAGO, May 18 (U. P.)—Oats futures maintained independent firmness on the Board of Trade today. Wheat held to narrow limits and rye eased. At the end of the first hour wheat was off i to up % cent a bushel; corn unchanged at OPA levels; oats unchanged to up 3%, and rye off to %. Wheat traders anticipated improved crops as a result of the recent rains that fell on wheat country. Prices moved within minor fractions above and below the previous day under scattered commission house buying and selling by
Chicago brokers. LOCAL PRODUCE
Heavy breed hens, 24%pc; Leghorn hens, 22%%c.
Broilers, fryers and roasters, under § hi VT 16e. Eggs—Current receipts, 54 lbs. and up,
Carace A han, se: mo
Se. Butterfat—No. 1, wc; No 8, de
Graded A medium, soc,
This R. A. F. Hurricane fighter, on its catapult mounting in the bow of an allied supply vessel, is ready to protect the supply ship when it carries equipment to battle zones. Providing protection for ship-
the R. A. F. has equipped merchant
vessels with their own fighters, which are catapulted from the decks to
New Agency to Handle OPA
Cases in Speeder: Fashion
By RUTH FINNEY Times Special Writer WASHINGTON, May 18.—An experiment in administrative procedure is getting under way here, and throughout the country, that may provide a technique for bringing government closer to the people and enabling it to act more speedily in matters affecting them. The office of administrative hearings, set up to handle suspension orders issued for violation of rationing regulations, follows rather closely
TVA MARKS 18T DECADE TODAY
Figures It Has Saved Public $100,000,000 in Past 10 Years.
KNOXVILLE, Tenn. May 18 (U.
P.).—The federal government's gigantic economic experiment, the Tennessee Valley authority—which is 10 years old today—has served up nearly 30 billion kilowatt-hours and saved Southern power consumers an estimated $100,000,000. Listing its accomplishments during the decade, the TVA said, besides its 19 dams—and three more under construction—the development has done everything for the Southern states it serves from improving farm machinery and establishing medical units to testifying on North-South freight differences and supervising reforestation, soil erosion prevention and wild life protection, The project on the Tennessee river and its tributaries has provided 600 miles of navigable river channel, increasing river traffic from 32,668,951 to 161,469,344 ton-miles and establishing year-round navigation from Paducah, Ky., to Loudon, Tenn. Flood control has been provided for the area, including the lower Ohio and Mississippi river valleys. In a 10-year review, gross TVA revenues were listed as $89,393,000 on the 29,262705414 kilowatt-hours generated. No total of expenditures was given but cash returned to the federal treasury for reinvestment in the program totaled $44,000,000. Customers included: Wholesale— 83 municipal, 45 co-operative and 11 large industrial. Ultimate consumers served by the wholesalers totaled 527,000. Rural consumers numbered 131,700. TVA power rates averaged 2 cents per kilowatt-hour for residential service as compared with a national average of 3.68 cents. TVA rehabilitated and is now operating the Muscle Shoals ammonium nitrate plant, built in 1918, and has built a new ammonia plant. It is one of the country’s largest producers of phosphorous for military use and also produces calcium car-
service. Providing a list of all employees liable for service, their selective service status, the importance of their jobs, and the time in which replacements can be trained to succeed them, the schedules are used by local draft boards as a guide to the granting of occupational deferments. The schedules, which are renewed every six months, are not binding on the local boards, however, as they continue to maintain authority, subject to appeal, to grant or reject occupational deferments. By regions, the number of replacements schedules in effect are: Region 1, New England, 885 schedules covering 600,000 men. Region 2, New York, 343 covering 116,720. Region 3, New Jersey, Pennsylvania, Delaware, 1065 covering 827,000. Region 4, Maryland, West Virginia, Virginia, District of Columbia, North Carolina, 268 covering 42,000. Region 5, Michigan, Ohio, Kentucky, 761 covering 240,000. Region 6, Illinois, Indiana, Wisconsin, 1005 covering 475,000. Region 7, Tennessee, South Carolina, Mississippi, Alabama, Georgia, Florida, 348 covering 36,967. Region 8, North Dakota, South Dakota, Minnesota, Nebraska, Iowa, 112 covering 115,000. Region 9, Kansas, Missouri, Oklahoma, Arkansas, 299 covering 46,000. Region 10, New Mexico, Texas, Louisiana, 54 covering 23,186. Region 11, Montana, Idaho, Wyoming, Utah, Colorado, 40 covering, 40,000. Region 12, Washington, Oregon, California, Nevada, Arizona, 186 covering 427,500.
WMC May Permit Job Shifts for More Pay
WASHINGTON, May 18 (U.P.) — War Manpower Chief Paul V. McNutt said yesterday he may amend WMC regulations restricting job transfers for higher pay to make them conform to Stabilization Director James F. Byrnes’ modification of the “hold the line” antiinflation order. He told a press conference that the contemplated revision would follow Byrnes’ directive to the war labor board last week in which WLB’s authority to make wage adjustments was clarified. It was expected the amendment would change regulations stipulating that a worker could not take a job at higher pay solely because his wage or salary was ‘“substantially less than that prevailing in the locality for the same or substantially similar work.”
$7,900,000 SALES RESULT IN NET LOSS
NEW YORK, May 18 ( U. P.) — Manpower shortages, OPA limitations on finished products, and higher labor and other costs resulted in a net loss of $188,074 for Union Bag X Paper Corp. in the first quarter of 1943, President Alexander Calder reported today. In the first period of last year, the company reported a net profit of $619,204. Sales for the quarter totaled $7,562,428, compared with $8,805,452 in the year-ago period. Calder said that, although volume was below a year ago, it was at an annual rate in execess of the 1942 average.
ODT TRUCK RULE EASED
Indiana district managers of the ODT pointed out today that fleet operators of commercial motor vehicles are exempted from provisions of general ODT order 21 which requires that tire records be kept on the back of the operator’s certificate of war necessity. However, fleet operators must maintain the required
bide for use in synthetic rubber.
records elsewhere.
U. S. Must Avoid Post-War
current and constantly: threatening
thority to negotiate reciprocal trade agreements as a “crucial issue,” leading “in the direction of international co-operation and increased trade, upon which alone lasting peace can be built.” In his absence, caused by a last-hour notice to attend today’s reciprocal trade committee hearings at Washington, Sayre’s speech was read by Christian M. Randal, chief of the division of exports and requirements of the department of state. “The vote of congress upon the present bill will be regarded by other nations as the acid test of America’s future intentions,” he said. “If we move in the direction of economic isolation other nations closely watching us todey will be forced to move accordingly in a desperate effort to get along without our help. “In that event there can be no other outcome but increasing economic struggle and growing bitter~ ness, lowered national standards of living, increasing expenditures for armament and eventually a third world war.” Sayre described “economic self
'isufficiency” the policy which Ger-
Economic Isolation—Sayre
NEW YORK, May 18 (U. P.).—America must avoid moving toward economic self-sufficiency if the post-war world is to be free from “re-|E
warfare,” Francis B. Sayre, special
essistant to the secretary of state, warned yesterday in an address read for him before the World Trade luncheon. Sayre urged congressional extension of President Roosevelt's au-
many pursued to lead to the present war. European nations which, he said, have grown from a population of 100 millions in 1650 to 519 millions in 1933 “must maintain access to necessary raw materials and necessary markets. If they are denied access to these they will feel forced to fight. “If trade barriers erected along| Ex national frontiers bar industrial nations from the raw materials and markets they need for the maintenance of their populations, they will fight to destroy those frontiers. If goods can’t cross national frontiers, armies will,” he warned.
TRANSPORTATION
Outbound Freight .. Streetcar Passengers
BUILDING
Houses (Permit Value) Apartments Business Industrial Public ... Repairs
Gece nr sssnetsnne
FINANCE
Bank Clearings . Bank Debits
MARKETINGS
Hogs (Head) Cattle Calves Sheep Corn (Bushels)
sre cesses Bose
MISCELLANEOUS
Telephones In Use Postoffice Receipts rrsessee Electricity Output (by kwh) ......
Imports Relief (Persons) Relief (Cost)
Sources of Ohio, Monon, Illinois Central and Nickel
ins Commissioner Indianapolis Clearing H
Board of Trade: U. Indianapolis Power Chamber of Commerce.
KOHLMEYER LAUDS HOOSIER FARMERS
Indiana farmers are demonstrating their American ingenuity and initiative in making necessary adjustments in farming operations, J. B. Kohimeyer of Purdue university, state supervisor of the new emergency farm labor program, said today in an address here before county agricultural agents from 12 Indiana counties, He said that these operations “will utilize available labor efficiently and result in maximum food production.” Mr. Kohlmeyer pointed out that only a very small fraction of the total farm labor needs is expected to ‘be filled with out-of-state workers—that as a rule Indiana farmers will find it necessary to take care of their farm labor needs locally, rather than depending upon getting help elsewhere.
N. Y. Stocks
Net Last Change 2%
1 Va
High Allegh Corp . Allied Chem .. Allis-Chal Am C
PH
Am Am Rad & 8 0 Am Roll Mill . Am T & T ... Am Tob B ... Am Water wo . Anaconda 2 Armour Ill Atchison pf ... 7 Atl Refining .. Balt & Ohio .
FHT +4+++1
Chrysler Comwlth & So. Cons Edison Cons Oil Corn Prod .... Curtiss-Wr A . Dome Mines . Douglas Aire . Elec Auto-L .. Gen Electric . Gen Mills pf . Goodrich 39 Goodyear 363% Hud Bay M&S 277% Int Harvester . 66% Int Nickel .... 33 Int T&T .... 15% Kennecott 32% Kresge S . 23% Kroger G & B. 31% L-O-F Glass .. 36% Monsanto pf A 115% Nash-Kelv .... 11% Nat Biscuit .. 20% Nat Cash Reg. 24'%2 Nat Dairy .... 187% N Y Central .. 18% Noviitt Sparks 33%
Packard Pan Amer Airw 33% Paraffine pf 104 Penn R R « 30% i
SHIH H+ SERS aee : :
Pht HEE EEE
"rrsseads § rvsebrs sre vves
Proctor & G
Sears Roebuck. Servel Inc .. So Por R Sug. South Ry pf Starrett L 8 .
DlAtbE EEE HE
“ . .
110 West Air Bke.. Westing El .... Woolworth ... Yellow Tr
Youn, Rad .... 20%
U. S. STATEMENT
WASHINGTON, May 18 qa. P.) —Government expenses and receipts for the current fiscal year through y 15 compared with a Para
nses .$ ong 032.074. iss $30.03) 966.073 War RE opending 60, 4 842.01 45 Receipts ... 17,142, Net Deficit . 48,786,268, 647 Cash Balance 14,478,531,022 Working Bal. 13, oe, ,885,670
Public Debt. 1 Gold Reserve 454.208, 103 22,708,
INDIAN. APOLIS CLEA CLEARING HOUSE
LOANS
The CHICAG
146 E. WASHINGTON ST.
T1eATiNES ..ccovcsscrnrvnns wees. 8 5,132,000 c ” 18,091,000
on Everything! Diamonds, Watches Musical Instruments, Cameras: Clothing, Shotguns, Ete.
JEWELRY CO, Ine.
Inbound Freight (Carloads) ...........
teste srs ster eRtTe Rs
Secs essseree
Airplane Passengers ...............
«e000. $43,600
vesvenessl tresses » s45.200
Sesser antnens
Seestetstusrssnssrserntansee vases + 355,471
srconne
teerssssaees «1,705,000 vessssserses 1,355,000 ees esee . 378,000
tereaaseenaed 80,000
Secrets Sets resreersstsrtens ane
above information: Indians Empl
. Commerce Department: & Light Co.; Citizens
i# letic club.
is|safety director of the Indianapolis
Eli Lilly & Co. will address the
.18,405 11,931 9,745,812 ..3,684
10,212,557
i ,000
.0 si
«+ $5,000
$127,651,000 $411,495,000
$136,736,000 .. $455,156,000 ...
147,369 28,165 10,355 13,828 ...... . 2,400,000 ...... 713,000 508,000 ...
-10,691 ++.6,661
LEER
ees 0 0 104,000
seresecses 128,459 ceases $484,740 «v0... 80,893,000 Gas Consumption (by Cubic Feet) ......576,063,000 Water Pumpage (by Gallons) ......
v0++.1,230,310,000 - $340,645 1,589 +e+.$16,544
Plate ouse Ayociad]
lon; Bradstre Indian street:
IN BRIEF —
The nation’s manufacturers view the post-war period with optimism, visioning creation of “more gigantic enterprises,” according tc Dr. William S. Carpenter, faculty member of Princeton university, who addressed the second wartime conference of the credit management division of the National Dry Goods association at Columbus, O. / 8 4 8 Domestic-bred chinchilla pelts scheduled for auction in New York will not go on the block be-
cause of a scarcity of buyers able to pay required prices. Auction of the 2000 pelts would have been the first offering since domestic breeding of chinchillas began in this country 25 years ago. This breed is considered better and more expensive than those of South America. =
Roscoe C. Clark, editor of the |: Lilly Review, published by Eli Lilly |: & Co., will discuss “Company Maga- |: zines” at the luncheon meeting of |i
the Indianapolis Advertising club Thursday in the Indianapolis Ath-
” n Joseph C. Cunningham, assistant
Power & Light Co. was elected to the executive committee of the Indianapolis Chamber of Commerce Industrial Safety club at a luncheon meeting yesterday in the Indianapolis Athletic club. ” ”
Oliver Altum, cost accountant for
Indianapolis chapter of the National Association of Cost Accountants at a meeting at 6:30 p. m. to-
sree 7
a
oy men t Securi Divisions New York Central, Railroads: Lage Railways: Indianapolis Municipal Alrport: City Bullde oa Pine adatroet Re irigulrure Marketing Serv : apo Gas & Coke Utility: Indianapolis Water Co.1
17,926 - 33 11,266 7,713,579
4,437
CER
$54,010 ... $25,000 $6,000 $46,192
veses =100.0 . + 80.8 . — 16.7 + 26.8
$110,775,000 ... $313,599,000 ...
+ 15.3 4- 31.3
202,463 ........ — 1.4 27698 ........ — 147 13,660 ........ — 21.7 10331 ......... — 35:8 2,281,500 ...... — 25.3 123,000 «.+1001.6 566,000 ,...... — 33.3 1,500" ......... ~100.0 13,000 ........ +344.4
+
480,810,000 .... 1,082,770,000 .. + 13.8 $229,795 ves + 48:3 S088. anes — 58.2 CU A -— 417
Pennsylvania, Baltimore &
vice: Ahdianapaiis
Postattios] Center Township Trustees . Customs Office; Indianapolis
Declares a $17 Stock Dividend
WILMINGTON, Del, May 18 (U. P.).—Directors of Christiana Securities Co., long known as the personal holding company of the Du Pont family, have declared a
dividend of $17 a share on the common stock, payable June 15 to stockholders of record May 24. ‘The previous payment was a like amount on March 15.
Consolidated Steel Corp. Ltd, 8 months ended Feb. 28 net profit
vs. $516,635 or $1.62 year ago.
SR
Ready for the New LAW?
You owe it to yourself to find out how Indiana’'s new Financial Responsibility Law will affect you if you have an accident after July 1st and cannot pay for it, or prove financial responsibility. For complete details, see or telephone
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