Indianapolis Times, Indianapolis, Marion County, 15 December 1943 — Page 25
Prospectus Discoses That Malloy Family Owns 26% of Company's Stock
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By ROGER BUDROW
THE SURPRISING THING ABOUT THE P, R. MALLORY & CO. stock offering today is thé revelation in the
. prospectus that the Mallory 26% of the company’s stock.
Philip R. Mallory owns 53,487 shares or about 15.4%
60,000 Shares of 4%4% Cumulative Convertible - Preferred on Sale.
Public offering was made today | of 60,000 shares of P. R. Mailory & Co. 4% per cent cumulative convertible preferred stock at $38 per share, |
family itself owns only about
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{Plan Would Force Stocks
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| 4 Years or Older on Market.
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| WASHINGTON, Dec, 18 (U, P.) =
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| The senate finance committee ap |' {proached a showdown today on a | plan to force millions of gallons of = {aged whisky onto the market by|
of the stock. Mrs. Mallory owns 6182 shares or 1.8% in her own name and, with Jerome Sinsheimer, the company’s legal counsel, as trustee owns 30,000 more shares or 8.6%. Other family holdings include 600 shares or .15% owned by Dorothy Courtney Jones, daughter of Mrs. Mallory by
SEE EE DENTE PLANS NEEDED-AYRES
‘other members of the family but ‘they are relatively small, just as are the holdings of the company’s Transportation Will Be 44's Biggest Headache, Official Warns.
officers which even CLEVELAND, Dec. 15 (U. P).— Brig. Gen, Leonard P. Ayres today
were not listed. The prospectus also discloses several other interesting features about the company. One is that it is not dependent to any great extent on any one company . (it sup-
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Proceeds of the sule, which will be somewhat under $1,500,000 after underwriters’ commission and expenses are deducted, will be kept as a reserve for expected peacetime expansion of the company. The company, which has several plants on the East side here, manu. factures metallurgical, electrical and electronic progucts. Rapid growth of the company’s business has been closely associated with the widespread adoption of resistance welding, increased use of light metal alloys, advances in “pressed powder metallurgy, and the rapid expansion of electronic applications in industry,
Sales Treble
Die to increased war demand, the company’s sales increased from $4,900,000 in 1939 to $18,318,000 in 1942. Net profit for the 10 munths Oct. 31 this year amounted to
plies auto and radio manufacturers with parts in peacetime) for, its business. Of its five largest customers, none took more than 4% of the company’s production in the last peacetime year. Of course, production now is for war. Last year 17% of this was on prime contract, the remainder being either subcontract parts and materials for other manufacturers or for replacement maintenance,
The company owns a minority in- against the hazards and injustices
terest in a British corporation, Mallory Metallurgical Products, Lid., to which its European patents and business have been transferred. now owns all the stock of Light
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predicted a 1944 victory over Germany and warned the nation’s industrial, business and government leaders to prepare now for the readjustment into a post-war economy. Gen. Ayres, presenting his annual
land Chamber of Commerce, asked for “definite post-war planning that consists of getting ready to-work on peace-time production.” “This will be the best safeguard
lof the transition period,” the vice {president of the Cleveland Trust [Co. advised. “For some firms the remaining time is shorter than they {think and for others it is longer
business forecast before the Cleve- |
‘Metals, Inc, making magnesium than they hope.”
[$719,278 after provision for federal income and excess profits taxes and an appropiration of $200,000 for post-war contingencies,
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SOUREE SUBIAY OF THE CUNSUD (1900), BILL TRIPHONE SYSTUM. AMER. BAS ANMOCIATON
AVE
Post-war "Full Employment’ Means Many Will Quit Jobs
Times Special WASHINGTON, Dec. 15.—Results of two studies made public today by private research organizations agreed that “full employment” after the war means that several million persons now at work will not be competing for jobs with demobilized soldiers, and thus should help to produce a less critical industrial situation than has been forecast.
The present workers expected to retire from the labor market include older persons, young people who have not completed their schooling, and women who will re-
IN BRIEF—p= & mre me
‘Willys-Overland Motors, Inc.ijljes.
This compares with a net profit for the full year 1942 of $495101] after federal income and excess profits taxes, an appropriation of} [$212,500 for post-war contingencies {and certain refunds under renego- | tiation proceedings with the gov ernment. { Net profit for 1941 was $702.742| and for 1940 was $635,228. Annual {dividend requirements on the 60,000 shares of 4'%% cumulative ocon-| | vertible preferred stock are $63,750. The preferred stock is convertible share for share into common for
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castings here, and has a minority interest in Capitol Broadcasting Co., radio station WISH here, Mallory paid approximately $2,600,000 for the old Ford assembly plant, the four-story building on E. Washington st., which it bought in 1941, The $6,000,000 which Mallory bor-
the life of the issue and is redeemable on a graduated scale, ranging from $35 per share on or before Dec. 31, 1948, to $25 per share after Dec. 31, 1963.
Has $6,000,000 ‘V' Loan
In addition to the preferred stock, the company *has- outstanding a $6,000,000 “V” loan and 343,588
‘No Real Inflation’
Gen, Ayres declared the “pros{pects are that we shall not experi{ence real inflation in 1944,” but {warned that serious increases in living costs will result if farmers are {successful in their campaign to se-
lcure higher prices for agricultural
rowed early this year through a products. “Vv” loan came from the Manhattan| He praised the American people Co., J. P. Morgan & Co., American for not going on “undestrained
shares of common stock of an authorized issue of 500,000 shares. The
National bank and Indiana National bank of Indianapolis, the Central National bank. of Cleveland, Continental Bank and Trust Co. of New York and the Merchants Na= tional bank and Mercantile National bank of Chicago. : To 8 PHILO T. FARNSWORTH, the guiding light of Farnsworth Television & Radio Corp. of Ft. Wayne, spends very little of his time there, He leaves much of the detail of running this up-and-coming concern to others while he works in his laboratory on his Maine farm. Farnsworth essentially js an inventor, not the executive type. When he hits on something redhot,” it goes to the engineering staff (250 of them) at Ft. Wayne to be hammered into something commercially usable; » 2.» _ ODDS AND ENDS: Since several distillers decided to declare dividends in whisky instead of money, meat’ packers have had letters from
sprees of buying and hoarding,” asserting that thelr purchase of war bonds and debt payments had
unaudited balance sheet as of Oct. 31 shows total current assets of $11,005,201, including cash of $3,024,-
971, and total current assets of $0,765,864.
‘helped stave off inflation. “No one can guarantee that as a
which currently has a $200,000,000| Conclusions made public by the backlog of unfilled orders, has en-|Brookings Institution, as result of hanced its post-war prospects by |g study by Karl T. Schiotterbeck, steadily improving its working cap- financed by the Falk Foundation of ital position, President Ward M. pittsburgh, doubted the foundation Canaday said today. ‘> . = employment problems in the déTotal money per capita in the mobilisation period. United States at the end of Novem-| The Brookings conclusions were ber was $145.05 compared with based on expectations of a gradual $140.40 a month earlier and $109.26 demobilization of the armed forces, a ‘year ago, according to the treas- over two to three years, and that ury department. [ihe greater part of an abnormal . nw increase of five American Steel & Wire Co. to- {including elderly persons, house
day had in uction (ransmis- wives, and others net normally em-
sion wire for electric power made
{ployed will probably not wish to {continue at work after the war.” out of steel instead of copper. ". "=
6,000,000 To Retire
The action of many restaurants in| The Public Affairs Committee, limiting customers to one cup Of ‘Inc, of New York, predicted that
coffee, despite the elimination of... oy milion persons now emrationing on the beverage, was loved. or. in th " I under attack today by the coffee in- Ploved, or. in the services, wi dustry. “There is absolutely no jus- | probably have stopped working altification to limit the service of cof- together.” It stated also that if fee to one cup,” according to W. F. there is to be a large post-war cons Williamson, secretary-manager Of striction program, which has been the National Coffee association. urged as a probable necessity both ea = » {for employment and to provide for Rep. Butler B. Hare (D. 8. C) building that has been. neglected
people we shall continue to act in that restrained and prudent fashion, Corp., underwriters, states that the! but ‘as long as we do we shall Mallory management does not be-|
avoid real inflation,” Ayres said, lieve that reconversion to a peace-| Shortage Big Asset time economy will be unduly bur-| {the post-war years “periods of op- its normal business. “Our greatest business assets as we enter the transition period will mand for automobiles, dwellings,|Am® Chal long list of needed goods. We shall A TT 1 ong list of needed es {Am ' have accumulated great money sav-| Am Water W 1 Atl Refining .. Balt & O pf -.. Gen. Ayres said 1944's biggest headache would be transportation Carriers & Gen 4% Checker Cad .. 24% “As their carrying capacity de{clines, the freight and passengers
The prospectus of Lee Higginson |
444:
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densome, because its war produc- | The Cleveland bank official termed | tion in the main is an extension of | portunity,” and predicted huge markets for post-war products. be our accumulated shortages” he stated. “There will be a great de- Allegh Corp household furnishings, agricultiiral Am Loco .. Aa appliances, and so on through a Am nai 4 Anaconda ings with which, to buy these|Atchison goods.” Borg-Warner . Briggs Mig ... 26% as automobiles and trucks wore out with no chance of replacement.
4TH) 3
City Iny ...... Cons Edison pf 102% Cons V1 Aire pf 8
today called for immediate congres- during the war, “labor unions will sional authorization for post-war have to co-operate with the build construction of a vast circular sys- ing trades in removing restrictions tem of super-highways throughout that hinder large-scale construction ‘the nation as & guarantee against and Increased use of manpower. possible future military transporta- | The unions will be expected to -co-| tion bottlenecks. {operate in peace as they have oon assisted in war production. They
also have a contribution to make in Chairman Donald M. Nelson of |... oeation of smooth-working
the war production board urged to- | » day that war contract termination "71% MC HOCUNE PRORTINL' | legislation include mandatory ad-|;,cnentr goes not mean the con- | vance payments and loans, to Pro- | .....ance at work of the millions of tect concerns from bankruptcy. {emergency workers agreed with . Vo 8 statements made by industrial lead- | Living costs of American wage ers in the New York convention earners and lower-salaried clerical last week of the National Associaworkers for November held un- [tion of Manufacturers. They fig-| changed from October, the na- ured that under good industrial tional industrial conference board conditions in peacetime three or reported today. | four million persons who could . = = {work if it were necessary are not A decision by Federal Judge Active competitors in the labor Simon H. Rifkind of New York market. today upheld the constitutionality | of the emergency price control act]
Green Agrees
| making it subject to immediate taxation when it is four years old, A group of Kentucky distillers was scheduled to testify against the | proposal of Chairman Walter Iv George (D. Ga.), that the new tax rate Of $0 a gallon be applied to all! four years old or older stock now being held in=hond, Work on individual income taxes wis alsh expected to begin today. George was dubious, though still hopeful, that the committee could report out a tax bill by Friday as originally planned,
Much in Storage
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Under present law, whisky is not | taxed until it is withdrawn from| warehouses or becomes eight years old. Testimony before the Van Nuys committee investigating the liquor situation showed that there were 117,000,000 gallons now in storage that are four years old or older. |
Cmdr, W. E. Gladding Is the new commanding - officer of (he naval ordnance plant near Irv. ington, opérated by the Lukas. Harold Corp. manufacturing the
Nerden bombsight, succeeding |
Capt. G. P. Kraker who has been
ordered to active sea duty. Cmdr, |
Gladding has had 14 years sea duty and. recently was gunnery officer aboard a cruiser in the Pacific area.
SHELL OIL CO. ADDS
NINE STATIONS HERE
From Yesterday; More Arrive Today. Prices tumbled on Ughtwelghit hogs
iat the Indianapolis stockyards to|day, the food distribution adminis tration reported. : : : | Hogs weighing from 100 to 110 {pounds sold 50 cents lower than {yesterday while those weighing from 110 to 160 pounds declined 25 cents, Other weights were unchanged in price, About 4200 hogs were held over from yesterday while 9000 move ar{rived today. Receipts also included [1350 cattle, 425 calves and 2050 sheep.
GOOD TO CHOICE NOG (9000) J20- 1% iy 10. pounds 160. 180 pounth .. 180 200 pounds .. 200+ 220 pounds .. 220+ 240 pounds 20
| i = 270 pounds
{ 270- 300 pounds . | 300° 330 pounds | 330- 360 pounds { Medium | 160- 230 pounds
| Packing
|Gooa to Chotes= i 270. 300 pounds 300- 330 pounds 230- 380 pounds 300. 400 pounds .... a
|
Sows
pounds
450 880 pounds
|for predictions of large-scale une
million workers,
Under George's plan, owners) The Shell Oil Co. announced to-| would either have to put this whisky | day it will add nine new stations in on the market or pay more than rndianapolis and five more through$1,000,000,000 in advance Lae. out the state before the end of the order to hold it. The Oe yearl It is expected that most of | to force a large quantity o "i the present lessees will continue op-four-year-old stock on the market ........e shel ownership, and. thus relieve the shortage. t The new’ diitlets are part of the Late - yesterday, the committee op= 0 0 ih the midwest which
fall provision” in the Pay-a&-you- nw, Refining Co. of Cleveland, go tax law, which was written In tO, 4,010 J (+. Sinclair, manager {capture the steep Increases In IN- or ojo Indianapolis division, {dividual incomes from war busli-\ «our urpose In this acquisition,” [ness. -Itsrepeal would make these goiq My, Sinclair, “is two-fold. To incomes subject only to current expand service facilities In basic rates without further penalty levies: market territories In these times
peal Broker Provision Re {so essential and to prepare for the
| 700-800 pounds
{when service and maintenance are “h%
Medium 250- 880 pounds Cie Slaughter Pigs Medium and Goode 00. 120 pounds
CATTLE (1350)
Steers [email protected] 16.28 16.50 16.50
000-1100 pounds 1100-1300 pounds
1300-1800 pounds
"voted to repeal the second “wind- Shell has just purchased from the One
700- 900 pounds .,. P00-1100 pounds | ..., ‘ve 3 11001300 pounds ............. [email protected] 1300-1500 pounds 1325@ 15 50 Medinm 100-1100 pounds 1100-1100 pounds Common 700-1100 pounds
10 5047123 00 10.75@ 13.2%
Cl [email protected] Heifers
holes 800- ROO pounds 800-1000 pounds
coo 1450015 38 [email protected]
vision of the present law Applies geain assume its pre-war propotonly to Incomes which were ap- tions" preciably higher than in pre-war
years, Its repeal would not affect } Bi another provision under which tax- GRAIN AND COTTON given 25 per cen! Of 1042 income PRICES ARE MIXED
This second anti-windfall pro- post-war period when motoring will 4209
| Common
ne 600- ROO pounds ...... eran 800-1000 pounds
i Hei we 10.00012.78 [email protected]
1000011 28 8.754010.00 I
SND 47S 8.504 6.7%
| Medium.
800. 000 pounds .......... 500. #00 pounds mn Cows (all weights) ood v ny Medium ' Cutler and common Cannes i Bulls (all weights) Reet Good (all weights) ... [email protected]%
payers will have to pay the unfortaxes. This unforgiven tax will have March 15, 1044, and March 15, 1045,
NEW YORK, Dec. 15 (U.P)
Banaaee Medium Cutter and eammon
8350 2.78 s75@ 0.28
to be paid in equal installments on in addition to current taxes for Irregular price movements charac-| those years. terized trading in major farm com- | The committee also: modities today: Limited the amount of business] Cotton futures held about steady loss tax deduction of an individual after early easiness. Fasiness was operating as a trade or business attributed to scattered hedge sellto $20,000 a year plus gross income ing. Shortly after the opening, howfor the taxable year. Business losses ever, prices moved to around the; would have to be shown for five previous close on trade price fixing consecutive years in order to be against textile contracts. The bueligible for the deduction. |reau_of census cotton consumption Repealed a provision in the report at 838813 bales was in line house-approved tax bill disallowing with ‘trade expectations and had no fees pald war contract brokers as| influence on the market. a business enterprise. On the Chicago Board of Jrade Defeated an amendment repeals mid-mornipg wheat prices were uning the margarine tax. changed to off 'f-cent a bushel; Amended the bill to permit cor. oats, unchanged to up '&; rye, up porations to make Income tax de-|'s to’, and barley, unchanged to ductions for contributions to vet-|'4-cent a bushel higher, erans’ ‘organizations providing the] The hog market continued steady. contributions do not exceed fiye| Wool top futures were firm, per cent of the company's net in il come, 21 Kept the house provision requiring financial accountings by labor unions and other non-profit organizations ,
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DAILY PRICE INDEX
NEW YORK, Dec, 15 (U, P).—Dun & Bradstreet's daily weighted
N nN U. 8. STATEMENT WASHINGTON, Dee. 18 (U.P) ernment expenses and receipts for the current flseal year through Dee. 13 com- | pared with a year ago i This Year Last Year Expenses . § 40,602.554,3268 § 31,108,301 471 War Spend 38,137,706,204 28,716,881,164 Reotipts .. 15,276,141,122 5,880,621, 480 Net Def .. 25.418412,083 25.115,195,000 Cash Bal .. 3001.238 101 6.502,008,721 | Public Deft 170,411,392.879 106,672,474 885 Cold Res .. 230.044.313.006 22,744,056, 820
Cov
i
Cond and
stockholders asking dividends ' of [they would have carried must be
slabs of bacon, rib roasts, etc., in- | passed along to the railroads, which |!
and maximum price regulation 330 in a test case brought by four
CSS EE
William Green, president of the American Federation of Labor, agreed in a panel discussion with
stead of just cash, ... Newest fruit ~ Juice on the market is fig juice, . . . Latest Wall Street rumor is that Park & Tilford, which has 99,000 barrels of whisky stored in Kentucky, will declare a whisky dividend to stockholders, selling it at cost. . . . Farm equipment manufac. - turers want to know why U. 8. ships horses to help Européan farmers when tractors would take less room ‘on ships, and wouldn't take any more of war-hungry Europe's feed.
INDEPENDENTS GAIN MORE THAN CHAINS
. WASHINGTON, Dec. 15 (U. P). .=Price controls and rationing have been an unexpected blessing for the nation’s independent stores whose "sales increased. 105 per cent this while chain store sales were ‘up only 35 per cent, the commerce department reported today. - The upward trend in independent . store sales was “contrary to what was expected a year ago,” the de‘partment said. the independents’ $48,300,000,000 in total sales showed that wartime restrictions “have been more favorable to the merchandising methods of independents. ’
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are already burdened to capacity,” he asserted, adding that if Ger many is whipped next year, the railroads will face the task of shifting huge numbers of troops and war materials from the east coast to the west coast. Predicting that “next year. will usher in the beginning of the end,” Gen, Ayres also prophesied sustained steel production, a slight advance in commodity prices and
crease in labor shortages if Gerin general industrial production
when the European phase of the war ends. :
REALTORS REPORT
the general cost of living, a de-|P
many is defeated and a slackening P
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PESETFETES SEFEsEFE was
Nn Int Nickel pf.. Johns-Man .... 86% Kennecott .... 30% Kroger G & B. 31% L-0- +
533 a8 FEE SEITE
>
£ #5 FE
The Associated North Side Realtors today reported 11 realty
each was reported by Charles Bink-~
Co., Broadbech - Dahiman, Forest Kellogg, and Fred T. Hill.
Buda Coe. year ended July 31 net income $000,102 or $4.81 a share vs. $788,369 or $4.22 previous year,
11 SALES IN WEEK i
sales in the past week. One sale| Loun% 5% { Seal Rad .... 33% ly, Johri Robbins, Ricks Deseo {Oo., R.E, Peckham, Fay Cash, John It concluded that/Max, M. E. Gerdenich, Ford Woods| increase to
b+ 3-11 Soar Ile
& For Sec. 'U 8 Gypsum ..17° | Westing El ... | Worthington ... 31 B&W... 14% 12%
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Ba FEE 8
HHI IR HEIR HLL Le I I ee CL TL
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FINLAND COMES THROUGH
WASHINGTON, Dec. 15 (U. P.). {| ~The governmcat of Finland has paid the United States $233,915, the entire amount due today under the funding agreement of May 1, 1923, and the postponement agreement May 1, 1941.
This announcement is neither an offer to sell, nor a solicitation of offers te buy, any of these shares. T he offering is made only by the Prospectus.
New lssue TE—————
60,000 Shares.
~ P.R. MALLORY & Co. INC.
¥:
(Par Value $25 Per Share)
Price $25 per Share
misma.
* 4%% Cumulative Convertible Preferred |
dividends from October 1,1943, to the dete of delivery.
Copies of the Prospectus may be obtained from the undersigned.
of |80 air network
Shais-story SUpIsIe |industrial leaders that married women who have competent breadThe Allegheny ordnance plant! winners in their families should erected at Cumberland, Md., for the |return to supervision of households making of 50-millimeter . shells, sor their husbands and children. Shiels MS DCH JAUATH nes Rens : Another speaker on this subject verted to the manufacture of tires, | © 8 Miss Rui NM. Leach, vice will be taken over for Sovernment | P ehident of the International h mn fu f th | Business Machines Corp. She dealt research work rtherance of the |i) the question, “will the women war effort, it was indicated today. .).; nave taken jobs because of the ie WPD y , davai the | VOT continue in the labor force ~today {after the war?” : manufacture of steel insect screen| p.. answer was that “some will, cloth used for making and repair-|,.. nos; will not , , . what I-be-08: window screens ng oreen ive that women want is not to » blished a {keep these jobs, but the freedom equitable distribution to eivilians. | SR TP ; . : 8 =» “In the post-war era women The 14-year-old, 37-story Palm- should look forward not so much olive building in Chicago has been to a greater proportion of workers sold by the Colgate-Palmolive-Peet-as to a wider range of jobs which Co. to a group of Chicagoans for will permit any special talent of an undisclosed sum. { women to be applied to our produc-
{ human welfare.”
JLOCAL ISSUES
Nomina! quotations furnished dy Indian. | apolis US dealers. Bid Asked Agents Pin Corp 9% ts Pin Corp pl 20 R Stk eit R Stk
ing was reported to be $6,500,000. ” . . Announcement by American Alrlines, Inc., that it now will accept air express shipments from the United States to 40 cities in 21 states in Mexico gives U.S. shippers
| COM, yiuuoee id.
Ye 1 com...
Association of Life Underwriters at
i
meeting tomorrow at
29g
Hien
Bonds Algers Wing'w W RR 44%... American Lean 8s aks Amerioan Loan 8s $6.. : Cent Ch of Com 5 » RTH ’ by Co 5s 61
Yes 88 Yorks 8s
The total investment in the build- tion capacity and the promotion of |
price index of 30 basic commodities compiled for United Press (1930-32 average equals 100): Yesterday {Week Ago ........... | Month Ago |Year Ago ....... .......... 11943 High (Oct, 18) ...000enes 1043 Low (Jan, 2).....
INDIANAPOLIS CLEARING HOUSE
Clearings , 8 £807,000 Debits ERA IEFY 18,200,000
‘SEEKS 0. XK. FOR BONUS
. 16083] Loew's theater announced today it | . 164.38 | is seeking war labor board permis- | 173.30! sion to grant a holiday bonus to
166.61 | employees earning up to $50 weekly.
. 170.63 . 170.38
IS is the traditional season for looking back, looking ahead, making plans, As we look back over the year that ._is coming to an end, the performance of - * the railroads stands out, War traffic has been kept moving. Essential civilian needs have been met. All America can share our pride in that record. As we look ahead, victory will con. tinue to be the business of the railroads until the war is won. We of the Illinois :
determination and confidence. Then, too, we are making plans for after the war. We plan to develop and resume the improvements in service which were interrupted by wartime restrictions, to increase the inherent econ
CALVES (12%) Veaters all weights) Ciood to choice Common and medium Cull (70 lbs up) Feeder and Stocker Cattle an Steers
Chaojee--800- #00 pounds 800-1050 pounds Gnnd 50OO- AND pounds R00-1080 pounds Medinm 500-1000 pounds , Common 500- 900 pounds Calves (steers) Good and Choice 500-1000 pounds Medium 500- p00 pounds Calves (heifers) (innd and Choices 500 pounds down «+ 1oo@12 50 Medium. 800 pounds down R15@11 00 SHEEP AND LAMBS (2080) . Yearling Weathers (lond and choice .. 1200012.7% 10.5041
Medium Ewes (shorn) choice . Common and medium LAMB
ior 10501178 « 102511 80
9.50@@10.28 935010.28
0.250 228 ene 828
11331278 s00@11 28
Ginod and eholee | Medium and good Common '
a a cuits, °
LOCAL PRODUCE Reavy breed hens, 23%¢; Leghorn hens,
RBroflers, fryers and roosters, under 4 ibs, 25¢. Leghorn springers, 2% Old roosters, 16e Eggs Current receipts, 84 ba. and up, v Graded Fggs-Crade A large, 43c; § A medium, J8¢c; grade A small, 30¢; grade 0c Butter-No Butterfat—-Ne. |, 49¢; No. 2. 4 WAGON WHEAT Up to the close of the Chicago marked today. Indianapolis flour mills and or elevators paid $1.57 per bushel for , 1. red wheat (other. grades on their merits), 9c, and No. 3 red oats, $1.08 per and No. 2 white shelled corn, $1.34
1 8 5 4 3 0
» 4 MM 1 10. 1 vf 1
16: rade no
1, 80e fe.
No 2 white oats, 0c; No. 3 yellow shelled corn, bushel,
Looking AHEAD ON THE ILLINOIS CENTRAL