Indianapolis Times, Indianapolis, Marion County, 19 October 1943 — Page 18
at Georgia and Delaware had learned the trade
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and left Europe as a young man to
3 3 years later in 1868, that man bought the business that Cottrell
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| the canning industry grew,
Amp is now making equipdehydrate eggs and vegetalatest ventures are in the
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ties by corporation officials’ shows. That brought his holdings to 1807 shares,
Other Hoosier transactions included the purchase of 100 shares of Noblitt-Sparks (Columbus). capital stock by Yandell C. Cline, making 501 he holds altogether; purchase of 50 shares of common in Perfect Circle Co. (Hagerstown) by George H. Keagy, making 5116 of the common he holds directly and 2066 more through a trust; sale of 500 shares of Stokely (Indianapolis) common by Charles Culp, leaving 4825, and sale of 900 shares by Lyle 8. Moore of Newport, Tenn, leaving 893. . = S80 THEY SAY: Emil Schram, N. Y. stock exchange head, believes Americans will do much investing
abroad after the war and it won't be unusual to see names like United China Stores, Queensland Packing, Asiatic Rubber, International Tin and African Copper on the stock Lexchange, «+ + Wilfred Sykes, Inland | Steel president, said the government should pay off claims on canceled war contracts first, then settle any differences later. , . . F. W. Dodge Corp. predicted construction volume for 10 years after peace will exceed the annual volume of any previous decade.
U. S. STATEMENT
WASHINGTON, Oct. 19 (U. P.)—Goveérnment expenses and receipts for the current year through Oct. 18 compared with & YeAr ago:
This Year Last Year ~ Expenses ...§ 36,341,746,7%61 $13.308.041. 474
DAILY PRICE INDEX
average equals 100): Yesterday «oocioveverasoncees
Year Ago
WAGON WHEAT the close of t
76¢; No, 3
| Automotive Wanted
Paid in CASH
'37, '38, '39, "40, "41, ‘42
ALL MODELS
ABELS
1030 N. Meridian RI-253|
1-1 IRd I
at 28 FS 8 a8 8 8 OF uy
REECE IIT INK ™ INK uo
Cash for Used Cars
1iMmMmnAnoR | 1}!
HOME OR DRIVE TO 1021 N. FINK GE MERIDIAN EAGER TO BUY AT TOP PRICES!
NEW YORK, Oct, 19 (U, P).~— Dun & Bradstreet's daily weighted price index of 30 basic commodities, compiled for United Press (1930-32
17321 Week AGO ..ioneeesssneess Holiday Month Ago BERNINI NNNNNRNT 172.42 cevsarsessansansese 100.82
1943 High (Oct, 15) 4su0esese 173.40 1943 Low (Jan. 2) ....ceeees. 166.61
low ih corn, 9%¢ per bushel, and No, 2 white shelled corn, $1.16.
#4
A CALL BRINGS US TO YOUR
signed to place loan funds at the disposal of small plants engaged in the production of war and essential civilian materials. : Under this new plan, regional agents of the SWPC will enter into
purchase agreements up to 100 per cent with bangs on loans of $25,000 or less where banks agree to close and service such loans. The interest rate on that part of the loan carried at the risk of the SWPC will be 4 per cent, with the bank paying 1 per cent per annum to SWPC as a repurchase charge. Predicting that this new plan will bring the banks and the BWPC into “even closer harmony” in their efforts to promote small businesses, Carter puinted out that nothing in .he new procedure will alter the present policy: of having all loans first made available to an applicant's local bank. :
Regulations Listed
SWPC agents wil be given authority to make loans up to $25,000, and the borrower will designate the individual bank from which he will obtain the loan, Among the regulations imposed upon small business borrowers are: 1.’Applications must be sent to Washington for approval by ‘directors of the SWPC when more than 25 per cent of the loan is to be used to pay any financial institution, lending agency, fixed or other funded debt, 2. The applicant must absorb all expenses involved in closing the loan. 3. The borrower must certify that he has tot, and will not, pay any fee, commission. or bonus for obtaining the loan. 4. A participating bank must pay the repurchase agreement charge of 1 per cent per annum quarterly.
War Spend... MANE 'v147soaser| 5: The bank must agree to exerNet Def. ... jas, aan 18.153.304.083 cise reasonable supervision over Wibod i mati HR ect the security of ihe lan. Sold Res. L. 23,135,340,023 23,758,324,088 may aseurity " INDIANAPOLIS CLEARING HOUSE DMM +oiasssninon seviverssr $ 6,540,000 BALL SUIT APPEALED DIE ass nn ss esta arasevairas 18,502,000
~T0 CHICAGO GOURT
CHICAGO, Oct. 19 (U.P). —Attorneys for George A. Ball, Muncie, Ind. financier and industrialist, and the George and Francis Ball Foundation filed appeals today in the U, 8. Circuit Court of Appeals against a $3664316 judgment, : The judgment was returned by Federal District Judge Robert C. Baltzell in two companion suits at
Tals | Indianapolis & year ago and he ap- ! proved the amount after a hearing
there last June. Plaintiff was W. L. Hart, Ohio superintendent of banks acting as trustee for several closed banks at Cleveland, principally the Union Trust Co. Judge Baltzell ruled that the judgment was due because of the disposal through the Ball Foundation of the vast Mid-America Corp. railroad holdings, accumulated by the late O. P. and M. J. Van Swer-
fngen, The district - judge ruled that Hart, as trustee for the defunct Cleveland banks, was entitled to 55 per cent of the profits of the disposal of the Van Sweringen interests, Hart charged that the $3664316 represented principal and interest on shares of the Mid-America Corp. allegedly held by the defendants and their relatives since April 1, 1937, The suits claimed that at the deaths of the Van Sweringens, who in conjunction with George Ball owned 8250 shares of common stock in the railroad corporation, Ball caused the shares to be converted to him,
IN BRIEF—
. . Negotiations between the PepsiCola Co. and Chase National bank of New York for the purchase by the soft drink firm of . a Cuban sugar mill property owned by the bank were announced today by Walter 8. Mack Jr., president of the company. He indicated that at least two more weeks will elapse before the sale is made. The price will be around $3,500,000, . = =n Consumption of newsprint in the United States in September
of 39 per cent from a year ago and
~ WASHINGTON, Oct, 19 (U.P) ~ A Albert M. Carter. acting chairman |i and executive director of thei Smaller War Plants Corp. today} announced a new loan system de-
amounted to 299,755 tons, a decline
FLIER SAVED U.S, QUININE SUPPLY
Daring Philippines Dash Saved U. S. Seedlings For Nation,
By DAVIED DIETZ Times Special Writer Because of a Flying Fortress that streaked its way out of the Philippines after the fall of Bataan the
facing our fighting: forces. It was before dawn on April 13,
ministration in Washington, Col.
of experts of the U, 8. Department of Agriculture, To date 110,000 seedlings have been growh from them and these
in Peru, Ecuador, El Salvador and Nicaragua with the assistance of
the U. 8. Office of Foreign Agricultural Relations,
Seedlings Now Flourish
The seedlings, now flourishing in Central and South America, were grown from Col, Fisher's seeds in the department of agriculture’s “plant introduction garden” at Glenn Dale, Md.,, under the direction of B. Y. Morrison, head of the division of plant exploration and introduction. Mr. Morrison now has an additional 250,000 seedlings started at Glenn Dale, ad these will be
enough. He says that all available green-
been planted with cinchona seeds because of the immense importance of getting a supply of quinine on this side of the ocean.
N. Y. Stocks
shipped also to Central and South! Agents Fin C America as soon as they are large|Asents
250- 550 pounds
700-1100 pounds
Feeder and
have now been distributed to nur-| Good— series at agricultural stations set up| S55
house space at Glenn Dale has| Circle
Low Last Allegh Corp .. 3% 2% 2% + Allied Chem ..150 140% 18 ive Allis-Chal ..... 30% 0% W% .... Am CBR vavevis . ” 8 — % m Loco ...... 1 123% 12% + % Am Rad 8 " "a Mh +N Am Roll Mill ., 14% 13% J¢% » Am’ Water W , 0% 0's OS + Ansconda ..... 36's 2% MWh + BB Armour Jl .... 5% 5% Be i.e. Atchison ...... 0 MY 0% + % Atl Refining .. 38% 230% 33% + %W Balt & O pf ,. 10% 10% 104 - — Ya Borg-Warner , 34% 3% 3% + % Boston & Me . 3% 3% Pa —- % Briggs or 30% WY WH — NN Cased 1 aranss 124% 10 124%. + 5% hes & jo 48's 483% 4% + BW Col & Ak .... 28 as 2% iss Cons Edison .. 22% 22% 2% + % Cons Vul A pf. 31% 21% My .... Curtiss-Wr A. 19% 10% 104 o.oo Dome . 22% 22% .... Douglas Aire . 62% 81% , 62% + % Dow Chem ....120% 137% 12% — 3a Elec Auto-L .. 37 n Aras Gen Electric EL ¥% 3M + WK Cen Foods .... 42 42 Q enn Gen Motors .. 52% 81% 82% + % Goodrich ..... 41% 40% 41 + Goodyear 3h 3% 3% 4+ Wh int Ha « 0% Ne + a A Mn Dato n anes 13% + Johns-Man “Ng Nn Na + 5 Kennecott .... 31% 3 N% + % Kroger O & B. 11% 31% N% — % L-O-F Glass Ts 30% a + N% M% 11% .... N% NK + % We WN +B 19% 2 wees 0% WN — % 18 H% + % 3% » enn 1T% 1TH... 3% 3% + % NK NN ~~ % ¥% 1 + % Proctor 57 MU + % Pub . 15% 18% — % Pullman ...... mn 0% 1M + % pure ON 18% 18 — % Rem cose 1098 SYS ABYG MNase Bears . "8 ss 8s 4+ % Bervel Inc 17% 11% 17% + % Shell Un Ol .. 23% 23% 23% .... Brands ... 27% 0% 1% + % : 3h 3% 3TH ~~ % « 4% 34% MWh + ¥ HE NR NRE ERS CTH ee «100% 100 Toe wens . Ns. ¥ » as HN MN —- A 1 0% + " ee 0% MN Ye sess
Rise.t9 12,100.
Hog prices broke as much as $1 stockyards today
330- 360 DOUNAS ...vveesesers 360- 400 pounds ...eeeeevnnes
400- 500 pounds ...ceevnecens 480- B00 pounds ...cescsnnnin Medium
dso...
cents under yesterday's close, ranging from $14.35 to $14.50. ; Recepits included 13100 hogs, 2.250 cattle, 550 calves and 2.800 sheep. ;
GOOD TO CHOICE HOGS (13,100)
Medium and oan oe Bigs
quinine industry is being restored 250- 580 pounds ............ 13.00914.25 to. the Western Hemisphere. SATIS (aw) ‘This is good news because quinine |cnolee—~ .. is vital in the fight on malaria, and 700. 900 pounds ..... seesnais 150001625 900-1100 48. .iecernnen . malaria is one of the chief dangers| 1100-1300 vi vg irarrver saves bH @16.50 1300-1800 pounds ......ss000.¢ [email protected]
1042, that the Flying Fortress left 1100-1308 pounds. [email protected] the Philipp! . Al it was Col. inne TI lo * Arthur PF. Fisher, now attached to re.1100 nda essasssennnans [email protected] he tite of Tot ie a Huh i3v0 Jove 8 eesseesesss [email protected]
Fisher had spent many years grow= | cnotee— oy ing cinchona trees in the Philip-| 800- 800 pounds .......... Jor 14.00915.25 pines and he carried with him two| 00-1000 pounds ....... veers, [email protected] small cans containing 2,000,000 cin-| 600- 800 pounds .......vee... [email protected] chona seeds: . 230.1000 potinds CerenNtastens [email protected] Sheok ort Attack oH-318 pounds Sestsenennse 10.00212.28 § 900-900 pounds ......ce00i0 [email protected] Mi Flying Fortress shook off Oows (all weights) » apanese Zero fighters that at-|QOod Coo-o:oooooe eo 10 00G Se tacked it and although one motor|Cuiter and common.......... T1308 3% went out of commission reached| =~ Bulls (ah weighis) 9 3 Port Arthur, Australia, after dark. ald - AR REP [email protected]% After reporting to Gen. Mac- Good (all weights) .....0.. 9.75911 00 Arthur in Melbourne, Col. Fisher Cutter aid common ....... €00g 178 racecded hy bot to San Francisco, | CALVES (580) en flew ashington, where he| Vealers (all ts) : put the precious seeds in the hands |Good to « orem 14.50@15 00
PY. yous cs arins” 080 Stocker Cattle and Calves Steers ;
senses anene
PELLET TT TTT
sessnssteian
00-1000 pounds " poun sesvaesseces 85.20@ 8.75 Common i 1. 500- 900 pounds ............ Jase 8.7 : (steers) 800 pounds down .......... «. 1200913. Medium-— 500 pounds down ........... 0.75912.00 Ives (heifers) Good and Choice 500 pounds dOWR .eviiiienne 11.759 13.00 Medium— 500 pounds down ..........o [email protected]% SHEEP AND LAMBS (%900)
LOCAL ISSUES na Justa rions furnished XN Indian.
dealers, .
. 14.60@14,60 14.006 14.60
13.28014.25,
[email protected] 14.408 14.50 14.40G14.50 14.40@ 14.48
14.259 14.40 14.25@ 14.40
$.00010.75
11.50012.7% [email protected]
[email protected] 10.00911.28
: INDIANA CORN
oo report that few years have shown
1 | Was broken in the southwest part
ager, also will speak.
SUPPLY LARGER
Crop Smaller Than Last Year But Carryover Is Greater.
Times Special ; a LAFAYETTE, Ind, Oct. 19.—-With the Indiana corn crop having suffered very little from . frost, the prospective - production on Oct. 1 remained the same as a month earlier, at 209,136,000 bushels, the Purdue university agricultural statistics department, in co-operation with the U, S. bureau of agricultural economics, reported today. The estimated per acre yield is 48 bushels. This, with 27,048,000 bushels catried over, makeés a total supply of 236,184,000 bushels, which compares with a 216,702,000 bushel crop and 15374,000 bushels carried over last year, for a total of 233,076,000 bushels. The indicated soybean yield of 19 bushels per acre, with a production of 27,702,000 bushels forecast, also remains unchanged from a month earlier. The tame hay crop, on the other hand, now is estimated as 2,602,000 tons, which is slightly larger than the figure given a month ago. This is due to higher yields from the later harvested hay crops. ! Pastures Beiter
Pasture condition on Oct. 1 was 81 per cent of normal, the 1932-41 average being 68. The statisticians
a higher condition for this date. In spite of heavier inshipments of feeding wheat this year than last, stocks of wheat totaled 6,704,000 bushels as compared to 6,378,000] bushels last year, Stocks of oats on Oct. 1 were 26,717,000 bushels as compared to 42,208,000 bushels last year. : 3 - “Hay and grass seed estimated so far available,” said the report, “indicate larger production than last year. ‘Timothy seed at 36,000 bushels is the same as last year. Alsike clover seed at 2600 bushels is 10 per cent up from last year. Red clover is yielding .80 bushels per acre where in 1942 the yield was 10 bushels, Production is forecast as 208,000 bushels this year, compared with 94,000 last year and the 1932-41 average of 182,000 bushels.” | Rain Aids Polatoes
The potato prospect remains at 5,100,000 bushels. However, swee® potatoes improved after the drought
of the state and 200,000 bushels are now expected. The tobacco crop estimate stands at 9,775,000 pounds, the same as last month. The expected apple crop in commercial counties remains unchanged at 1,081,000 bushels, but a decline is shown in prospects for peaches, pears and grapes, with estimated crops of 157,000 bushels, 60,000 bushels, and 2000 tons, respectively, The estimated egg production for September, in Indiana, is 119 million eggs, an increase of 11 million over the production last September. On reporters’ farms, only 70 per cent of the cows in herds were being milked Oet. 1.
CR RR
[ndpls Indpls Indpls [ndpls Lincoln Lineoln P. R. N Ind N. Ind N Ind Pub Serv of Pub Serv of Bold ONES Stokely Bros Un Tel Co » a amp MOK Van Camp Milk Algers Wins" American Loan Oent Ch of Com Consol” Fin Ind Asso Tel Co 3%s 10 aii Indpls P & L 3%s 90... 100% Li «1 7 = an pe i Kovome War orks % 38.1188 aby Kuhner Packing Ys 0 100 101 Morris 5 & 10 Se 50 ..100 103 Muncie Water 5s 05...108 ... N Ind Pub Serv 3%s 69......108 108 No Ind Tel 4's 88 ...... « 80 Fun Ted asasssd Pub Tel 4%s 85 ........ ssaval Trac Term 5s wii ‘8 a ER AE Ae 101 LOCAL , PRODUCE vy breed hens 330; Leghorn CR a receipts, #4 ie and Ww A oe; 2 Sihdsd Beps—Grade A, large Jus Seams tiene. 1 Wa ' Suttertat—ie. L oe: No. 3 dts The Sun Oil Co. had at k P " plant octane
-
Tonite
BR ————————————— J RAE Yost Sat dt
(Tonight)
The glorious soprano of Eileen Farrell rings out in familiar songs we know and love, Baritone Bob Hannon, Contralto. Evelyn Mac. Cregor and Violinist Remo Bolognini are accompanied by Victog Arden’s orchestra in a half hour of pure melodic pleasure.
EDWIN C. HILL at 9:15 p.m. (om)
Able reporter, Edwin C. Hill discusses the Human Side of the News, the stories behind the news, the forces that create the news, that give it life and substance.
(BS Nework~ Rai’ Fin
JOYCE JORDAN. ILD. at L13-p. M0. (tomar)
- Joyce Jordan, her days of interneship behind her, meets the problems of the world of medi. cine, and the problems of being a pretty woman, in an absorbing story told five times weekly, and . always excitingly!
1
MARY LEE TAYLOR
* Mary Lee Taylor and her rec. _ipes have been a help to women for years...and now, when food is of paramount importance, her pro.
every home-maker. Every Tuesday and Thursday.
a 10:00 a.m. (Tomorrow)
gram is even more important to
and Tomorrow
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