Indianapolis Times, Indianapolis, Marion County, 10 March 1944 — Page 12

WMC Plans Manpower Priority Ratings For War Plants in Four State Areas

By ROGER BUDROW meee | BUSINESSMEN ARE WONDERING JUST WHAT the

new Indiana manpower priorities plan is going to mean

to them.

As announced by State WMC Director John K. Jen-

nings, there will be a state*'manpowes committee which wiil set priority ratings “for each manufacturer, giving the one making the most important war item first call, the second most important second call and so on down the list.

The committee which will deter-] mine who is most important con-| sists of the top men here in the | army and navy procurement offices, selective service, the war production board and heads of WMC divisions. Realistically, this should have been done] as soon as possible after Pearl .Harbor, just as]

it ever was to be! used, should have been ordered long ago. B fsn't over vet and Mr. believes

TAXES BOOST

BOND CASHING

‘Redemptions Almost Equal

Sales in First Week Of March.

the labor draft, if | WASHINGTON, March 10 (U.P). | —Indicating that many people are ut the war | ! cashing in war bonds to meet tax Jennings | | payments, the treasury’s daily statethat anything that will ment showed today that almost as

help end it sooner should be tried. ,;0 ponds were redeemed as were

even though it may seem late in getting under way. It also should be noted that an] Informal system of priorities has already been in effect but it has been a sort of rule of the thumb] arrangement. If specific priority ratings are made, the wheel tha squeaks loudest may not always get the most grease. The committee will be an advisory one. When the South Bend situation is taken up, the South Bend WMC director will come down here and give the committee all the facts of the situation and the committee will advise what he ought to do; in other words, who he should send prospective workers to and who will have to wait. However, final authority rests in the WMC directors themselves. At present, manufacturers are being queried as to the products they make. It will take a while to get these replies in and sorted and priorities set. up. ‘Fhe priorities plan will apply to Indianapolis, East | Chicago, South Bend and Ft. Wayne areas for the present but probably will be extended. It is hoped that some advance planning can be accomplished. At present, news of a contract can-

contracts awarded between June,

t time. | bought since they , were placed on sale May 1, 1941/ / only 7 per cent have been cashed in. Since July 1, when tax withholding went into effect, have been 28 per cent of sales. The rate of redemptions began to rise sharply last June, when quarterly tax payments were due, and continued to rise, reaching an all-time monthly. high | demptions fell off only slightly in January and February. In relation to the total $29,977.755.541 of series E, F and G bonds sold since May 1, 1941, when they | were first offered, through March 7, only $2,184,278,859 have been re-| Since Jan, 1, while redemptions have been at a high dolthey average only 9 per cent of sales—due to heavy buying during the fourth war loan.

U. S. STATEMENT

Good and WASHINGTON, March 10 (U. P.).—Gov-| 500-1000 pounds

deemed.

{lar rate,

for

{sold in the first week of March. Re- | demptions were $62,200,859, against {sales of $74,313,514. However, the whole period {since Jan. 1, redemptions equal only |, 9 per cent of sales made in thal

And of all the war bonds

in December.

redemptions

Re-

REMAIN- STEADY

Top Holds at $14.20 Here; 10,450 Porkers Arrive At Stockyards.

Hog prices were unchanged again today at the Indianapolis stockyards, the office of distribution reported. The top was. $14.20 for good to choice 200 to 210-pounders.

tle, 500 calves and 900, sheep.

GOOD TO CHOICE HOGS (10,450)

120- 140 pounds [email protected] 140- 160 pounqs . i 5 3 850 160- 180 unds . 13. X 180- 200 Dh « [email protected] 200- 220 pounds . [email protected] 220- 240 pounds . [email protected] 240- 270° pounds . 14.00@ 14.10 270- 388 pounds . [email protected] 300- 330 pounds . . [email protected] 330- 360 pounds [email protected] Medium— 160- 220 pounds .........s.s [email protected] Packing Sows Good to Choice— 270- 300 pounds [email protected] eee. [email protected] «oo [email protected] 360- 400 pounds seeevesee... [email protected] Good— 400- 450 pounds ..eceecesse. 13.15213.30 450- 500 pounds ...eseecenss [email protected] Medium 250- 500 pounds ............ [email protected] Slaughter Pigs Medium and Good— 250- 500 pounds ............ [email protected] CATTLE (473) Cholce— Steers 700- 900 pounds [email protected] 900-1100 pounds ... « [email protected] 1100-1300 pounds ... . [email protected] 1300-1500 pounds ... [email protected] Good— 700- 900 pounds .. [email protected] 900-1100 pounds .... ves [email protected] 1100-1300 pounds .... . [email protected] 1300-1500 pounds .... vos [email protected] Medium-— 700-1100 pounds [email protected] 1100-1300 pounds 12.95 @14.75 mmon— 700-1100 pounds ... ...%..... [email protected] Heifers Choice 600 800 pounds [email protected] 800-1000 pounds ... . [email protected] Good— 600- 800 pounds ..eseeceesss [email protected] 800-1000 pounds ... oo [email protected] Medium— 500- 900 pounds ..eececene.. [email protected] Common— 500- 800 pounds ............ [email protected] Bulls (all weights) Beef Good (all weights) ........ [email protected] Sausage— Good ... [email protected] Medium ..... . [email protected] Cutter and common .. [email protected] Cows (all weights) GOOd iii [email protected] Medium ......oiiiiiiiiiianaa, [email protected] Sunar and common .......... 7.50@ 9.75 CANNEI ...cvvernrnnennnnenanns 6.00@ 7.50 CALVES (500)

Vealers (all weights) Good to choice . Common to mediun® .. . Cull «(70 lbs. up 5.006 Feeder and Stocker Cattle and Calves

Choice—

500- 800 pounds ..o.ceeee sees [email protected] 800-1050 pounds ..... sesesses Il. [email protected] Go

0d = 500- 800 pounds ...ceessseecee 1080011. 50 800-1050 pounds seesscecesces [email protected] Medium. 500-1000 pounds ..eeeccecess. [email protected]

Common— 500-900 pounds 8.00@ 9.25 Calves (steers) Choice

PRICES ON HOGS

Re- |; Peipts included 10,450 hogs, 475 cat- | §

T. Pritchard

Edison ‘Electric Institute Post-War Committee To Meet Here.

Plans to extend the benefits of war-born electric developments to. the public as soon as. pos= sible after restrictions end, will be considered March 23 at an Indianapolis meeting of the postwar planning committeé of the Edison Electric institute. The institute is a national organization which functions as a clearing house for operating and development data for a large part of this country's electric utility industry. H. T. Pritchard, president of Indianapolis Power & Light Co., is a member of the committee. He also is a member of the committee on public utility services of the Indianapolis post-war planning organization, and his company has had a special program under way for more than a year to prepare for local electric service after the war. The institute post-war planning committee, which met previously in Detroit, St. Louis and New York, will hold an all-day session here in the electric company’s office. H. C. Thuerk, president of New Jersey Power & Light Co., will preside, and Col. H. S. Bennion, vice president and managing director of the institute, will attend.

SEE GREAT LAKES OPENING EARLIER

Lake Superior was said to be frec

Cars ins [email protected] gellation or cutback is obiained ernment expenses and receipts for the Medium-— usually through the “grapevine” in- current fiscal vear through March 8,| 500- 900 POUNAS ............. [email protected] stead of official sources. If the compared with a year aso, |. o, Calves (heifers) BUFFALO, N. Y., March 10 (U.P). local army and navy procurement | cienges . oN bis Year! | | S00 pounds down eee... [email protected] |The navy hydrographic office said officials can have advance Infor- ws Spend. .. 58.633.501.374 45.503. 822,638) ‘500 DOUDS GOWD .veevsers. 9.251150 today that conditions on the Great mation on such cutbacks, the al- FERC Sat 00 akingl™ location of manpower can be Cash Bal. cl 7618218407 4,943.780.26 Skee ASD te WigR Lakes were favorable for an earlier i | Work. Bal. |. 16,855.498.39 1,161,638 handled with foresight. ope. Can 397.908 854 119411 663.222 Ewes (shorn) opening of lake havigetion than last a 5 = ) Gold Res. ... 21,670,092,090 22,643,421,154 Good and choice ............ 1.50@ 8.50 | year. oo (DS: Studebaker Common and wedi Lessee 6.25@ 7.50 OPS AND ENpe: April| TNDIANAPOLIS CLEARING HOUSE | Good and choice LAMBS een: woopisz|, 2 Fick reporteq he sighted solid Corp. stockholders will vote Apri [Clegrings .........cccocvuinnnn. $ 4,150,000 Medium and GOO ..... sss. [email protected] | ig¢ from Buffalo to Long Point, 25 on a retirement annuity plan for {pebits .............ccoein..n.. 14,508,000 | COMMON +vveveneeevcavenesses [email protected] tario, but said that westward the employees making over $3000 a year. ice was broken, newly frozen and .. More than one-sixth of the war, T)AJLY PRICE INDEX GRAIN PRICES FIRM rough.

1940, and January this year were in

nois, Michigan;

compiled

NEW YORK, March 10 (U. P.).— the area comprising Indiana, Illi- Dun & Bradstreet's daily weighted | Iowa, Wisconsin and upper | price index of 30 basic commodi-

the total was over $21 ties, for United Press

billion and exceeded only by the| (1930-32 average equals 100):

New York area. .

cook chickens after the war, . .

. Swift & Co, Yesterday ........

ceeerseses 17263! Grain futures developed a firm but plans to sell quick- frozen, ready-to- Week ag0 ......oeven vvinnn 17209 dull tone on the board of trade «| Month ABO veieersicarcense. 172.02 today.

Six pilot plants to extract alcohol Year Ago ....... ceersavenees 171.21

from leftover bananas will be built 1944 High -(March 9) .. [1944 Low (Jan. 15)

in Jamaica.

sessscens

eee. 17263

170.69

{

at this {ow ¢

gold, matched

MEN'S RINGS | $37.50 to $500

Lovely LOCKETS $2.50 and up ;

ip HRHHELRSESG

~~~

$48

B oo

1 ag RIFaeL

Exquisite 3

engagement 14K gold.

72=27

RTT

_Smartly styled Bridal

Ensemble CLE IC TITS

3 Eas 1) C

Ways te Buy:

, the market opening, scarcely enough

IN DULL MARKET

CHICAGO, March 10 (U. P-—

At 11 a. m. wheat was unchanged

to up ? cent a bushel; oats up| %s to %; rye up % to %, and barley quoted up 3 to %.

Traders showed scant interest in to start trade in the wheat pit.

{Nothing new developed overnight to furnish a fresh market incentive.

N. Y. Stocks

Net Last Change

of ice off Two Harbors and Duluth.

KENTUCKY STEEL CO. SOLD SECOND TIME

NEWPORT, Ky., March 10 (U. P.). —Sales of the Andrews Steel Co. and the Newport Rolling Mills Co., for the second time in less than a year, was reported here today and confirmed in New York. Lehman Brothers Corp, New York, admitted the sale had been made but said that details would have to be announced by Charles

THE INDIANAPOLIS TIMES Host ab Parley

NEW SUBSIDY

Administration Moves to Extend Price “Control

~ Another Year.

WASHINGTON, March 10 (U. P.). —A new all-out fight over the food subsidy program moved a step nearer today as administration leaders introduced legislation in the house and senate to extend the price control act in its present form for another year, The resolutions were introduced by Chairman Robert F. Wagner (D. N. Y.) of the senate banking committee, and Chairman Brent Spence (D. Ky.) of the house banking committee. At the same time, Wagner's committee called Price Administrator Chester Bowles to a closed meeting to discuss price policiss. A promise of fireworks came almost immediately from Rep. Jesse P. Wolcott (R. Mich.) ranking minority member of the house committee. Although favoring price control extension—the act now is scheduled to expire June 30—Waolcott said Republicans would fight for these major changes:

Lists Changes

1. Elimination of consumer food subsidies “now carried on by the OPA without congressional author-

ization.” 2. Court review of OPA decisions. 3. Clear definition of the intention of congress so that ‘there will be “no misuse of powers.” “We want the OPA to control prices, but we do not want them to construe the language of congress to the extent of controlling business,” Wolcott said. , The fight over subsidies, favorite administration device to hold down food costs, will start where it was left off last month when President Roosevelt vetoed the commodity credit corporation extension bill because of am anti-subsidy provision. Congress subsequently passed a CCC bill continuing subsidies, but subsidy foes promised to renew the fight when the price control extension came up.

Studies- Compromise

Wolcott said he saw, “no weakening on the part of the anti-subsidy front” and felt the bloc would be

FIGHT LOOMS

(Last of Three Articles)

By JOHN W. LOVE Scrip oward Staff Writer WASHINGTON, March 10.—Competitors of the fast-spreading coops have been raising the cry of unfair treatment at the hands of the government, especially in income taxes, They want the co-operative stores, wholesales, elevators and oil stations taxed on the savings they make for their patrons. There is a. belief among several business organizations here that they have more chance of getting corporation taxes reduced after the war than of having co-ops pay taxes on their incomes from buying and selling.. A good many businessman are not sure they want the co-ops taxed, but they. hope the co-ops will see the need for lowering taxes on business concerns in order to encourage post-war expansion, It rankles, though, in the mind of a feed dealer. or an oil man who finds a farmer-owned co-op competing with him and not paying income taxes, but using the money for expansions he cannot afford to make,

‘Higher Taxes Started It

The members or other patrons of the co-ops pay their own income taxes on what the co-ops return to them in patronage . dividends, of course, provided the co-ops are organized under the Capper-Vol-stead Act which exempts the farm-er-owned associations. Village or city people can sometimes share in the benefits, but they are not allowed to draw dividends from more than half the business. Otherwise the co-op may get taxed. When business taxes are low the old-line competitors didn't make much of a point of the discrimination in favor of the co-ops. Now that taxes are high and going higher the co-ops are spreading faster than ever, and the competitors suspect there's a connection, Competitors have been organizing lately, and they had some share in getting congress to vote to require the co-ops, the labor unions and a lot of other “non-profit” organizations to report their 1944 incomes to the Internal Revenue bureau. It stops with reporting—no new taxes are laid on them.

Pay Double Tax

able to put an anti-subsidy provision into the price control extension. The strategy of the anti-subsidy| forces is that Mr. Roosevelt would] find it hard to veto a price control | extension with a subsidy ban be-! cause it would threaten the exist- | ence of the office of price adminis-| tration, which operates under the price control act, Price Chief Chester Bowles said last week that his staff was study-| ing the act with a view to finding provisions that” could be compro-| rhised with the anti-subsidy foes.| He emphasized, however, that ‘the food subsidy program was not one of those

30% of Shoes Had Substitute Soles

NEW YORK, March 10 (U.B,) Henry M. McAdoo, president of United States Leather Co., says 30.4 per cent of all shoes produced in the U. 8S. in 1943 were soled with substitutes compared with 22 per cent in 1942, ne Substitutes for leather, he added, at the company’s annual meeting yesterday, have not been generally satisfactory and predicted a swing-back to leather as soon as supplies become ade-

H. Stamm, Andrews Steel president.

quate,

Indianapolis Firm Finishes Alaskan Telephone System

(U. P.).—The final strands in the

,|2600 mile telephone system installed in Canada and Alaska by the

U. 8. army with an Indianapolis company as contractor, have been

Norman Wells to Whitehorse, Brig.

Gen. Ludson D. Worsham, commanding general of the northwest

High Low Allis. Chal .... 38% 37% 38% + 7% Am Can ...... 84% 84 84% Am -Loco ..... 18 17% 18 + 1 Am R & .. 10 97s 10 4 VY Am Roll M .. 132 132 13! — 3 EDMONTON, Alta, March 10 Am T & T ...150% 159% 159%; .... Am Tob B - 81% 0 60% — 1 . ! 17s 4 14 | Anaconda . 201! 261 8; ! |Armour & Co’ 8%, $14 ‘sw 14|joined on the 595-mile circuit from Arh FP is $5 64lg 4 14 teens -— 3 : Bald L ct .... 21% 300 i + a, service command, announced today. Bendix Avni. Chan Wr Mh 4h The line from the oil wells of | Borden Be EL 597e 30°® — lat Whitehorse is the last link in the org-Warner 73 37! 373 4 7 | Celanese Toe dol 3 3 +h northwest telephone system. |Ches & O ... 47! 46% 46% + 1,| Completion of the line follows {Chrysler .,..., 84l, 831y B41 4 1g t last kK S| Curtiss-Wr ..... 57 5, 83, closely an announcement last wee! 1 Du Pons Se HEL 15614 146%, 4 yen ec ric ved 357 ls + {Gen Foods .... 4213 oi pik T ‘lat Norman Wells to the refinery at i Gon motors ne 57% 58 + | Goodrich ...... 447% 3, ” | Goodyear *10 a, ie 44% + % the development and — of * | Greyhoun De 21 2n + A an 'Int Harvester . 1214 72% 1215 jajoll and Eine in northwes - | Johns-Man _.... 02:2 93ta 93a + 1 ada and Alas | Kroger .e a 3, i / : : |L-OF Glass... 4434 440; 442: T= 3¢| The line parallels the pipeline for Lockheed Alre. 172 17% 17% .... the most part and is connected ew's .. 60° 603 03 aes Mershall Fld | 14% 1435 143¢ - 'y, | With a 2026-mile telephone system Mons ard cee 48% 46% 46% + YU that extends from Edmonton to Nat Biseuit | 2i1h sine ae 2, | Fairbanks, completed by the army Nat Distillers L321; 14% 15 — Vp last fall. It is now possible for onal cee jo% 182 18% + Y% officials in Washington to talk di{Ohio Oil ...... a 181% 18Va — I | Packard . 4 3% 3% .... (rectly with men in the fleld pon Am Air 3 Jas: at + Ylithroughout all northwest service Phelps pDodze . te 1% 21% + ‘sytcommand installations. S Orgings. 137%¢ a Pullman wines. ie 41% aia : Ye Men who built the elephinne line i RE. + Vi | Republic sti... 11 Ima my Xoo experienced the same ar ships as| Reyn Job B . 30 3 0 those who built the Canol road and chenley ist .. » y 46% 1% i ine. ! Sears Roebuck. 887% 88% 887% ro * pipeline Temperatures ranged Socony. Vacuum 12% 12% 12% — % from 80 degrees gin zero to 60 | Sou ac a 287% 29 -— . 8td Brands 297% Bh 20% .... s(below. Men BY Jae Nos Sought Sd Sf lmai 3 Hu I £2 | er ‘beds, toe. that buckleq and n 4 a ‘ana Y {Std Oil (NJ).. 54%a Bala Bis + % ol 8, ( ha ps on econ ror ft Me Mit ©. muskeg in which horses and ent-Fox. a » a ee. muske; whic orses and] | US“Rubber:-.... 45% 45 45% 3% sie fien foundered. \ | Valier BE Be Tals] ne. sere was supers esting oho 3 y Young S&W «+... 16% 167, 18% + 3 e Sys SUpery sed and Zenith Radio.. 37% 36% 37% + 3% Planned by the U. 8. army corps of | : engineers and the U. S. army signal | LOC AL PRODUCE corps.” The Miller Construction Co. Indianapolis, Ind., was the primary Heavy breed hens, 23¢c; Leghorn hens, | contractor. Broilers, fryers and. roosters, under § Work on the line from Norman | a, 25, oy Leshorn springers, 23. Wells to Whitehorse was started | JHs—-Cuisrent receipts, 54 Ibs. and up,|last July, Men, machines, and ma- | 28Yac - z Graded Eggs—QGrade A large, llc; grade terials had to be transported tre A Inediiun, 30c; grade A small, 26c; no mendous distances to the job site.! rade » BT tier No, 1, 50c. Butterfat—No. 1, 49¢; No. 2, 46c. : HENDRICKS TO SPEAK | es . Thomas A. Hendricks, executive SKIN DRYNESS! secretary of the Indiana State

Medical association, will speak on

medical’ service after the war and the Wagner-Dingley bill at the monthly dinner of the Professional Men's forum Wednesday at the Co-

DAME NATURE LOTION REMOVES HAND OR FOOT ROUGHNESS, DRYNESS. HAP WHEN OTHERS FAIL

the Canol project to the refinery

Local forests were utilized for the poles, and crews had to work night and day cutting trees to keep ahead

’ '4| that the pipeline from the oil fields|of the pole setters and linemen?

The logs often had to be heated

} v. | Whitehorse has been completed for over fires to thaw them out before

[the bark could be removed. Post holes had to be dug while temperatures were down to 40 and 50 degrees below zero when the only way to loosen the frozen ground was to use dynamite and steam-thawing equipment. The line traverses what

{previously was unexplored country

and crosses four ranges .of = the Mackenzie mountains. Scores of rivers had to be crossed and at one pot in the crossing of the Mackenzie, a four-mile submarine cable had to be laid.

SUPPLIES and ~ EQUIPMENT

: for the —— || Draftsman— =| Engineer and j Architect—| 2

(Founded 1854)

A y, Vi

1) 3

vy ¢

Your average small business { house, like those in the county | towns, pay corporation taxes amounting ‘to 25 to 30 per cent of {their incomes after expenses are deducted, including reasonable sal-| aries of the owners. A few of them pay excess-profits|

and are using it these days to buy oil refineries and stations, feed mills and elevators. The former owners, “tired of working for the government,” sell out to people who can keep most of the money thay make. Congress lays corporation income tax on business concerns in the expectation they will pay it, and not sell out to co-ops, as some $15 millions’ worth of plants did last year.

May Take Bigger Hunk

Unless business concerns are again permitted to lay aside earnings in adequate amount after the war, it is conceivable that the coops would grab off a large hunk of the country's business—except that only farmer-owned co-ops are tax exempt on what they put by for expansion. Representatives of the nation’s consumers’ co-ops here, including those owned by city people, say they have no inteniion of moving for tax exemption for the non-farm co-ops. A national leader inthe Farm Bureau movement, Murray D. Lincoln of Columbus, O. takes the position that the tax exemptions do help the co-ops to expand, but that their growth will reduce economic inequalities and the violence of depressions in this country, thus greatly to lower the costs of government. If the co-ops end up by being taxed, it may be because of favors by the government other than those in taxation. Some of their elevators have been getting exclusive contracts for government grain buying, according to the competition. They are able to borrow money for expansion purposes at 3; per cent, but what most annoys competitors is the feeling that the security isi! inadequate. Co-ops have been given loans up to 100 per cent by both the federal security administration and the rural electrification administration, and competitors have little choice there but to sell out,

U. A. W. Interested

The recently announced intention of the United Automobile Workers to look into co-operative enterprises may lead to more interest among city people in this form of “consumerism.” The union has retained Donald Montgomery, former consumers’ counsel with the AAA, to set up plans. The union has gone no farther than to discuss whether to go into insurance, including automobile liability, or into other lines. Before they open co-op stores in Detroit, however, it is expected they will attempt what they call “collective consumer bargaining,” for dis-!; counts with existing stores. Mer-

| taxes, but when you get up among | chants would be approached with (the middle-sized and big fellows, Suarantees of patronage in return

including those who compete with the big co-ops, you find taxes aver- |

corporation incomes,

After the owners draw their sal-| aries and dividends they have to

pay income taxes on them also, and these amount to a second substan- |

come, Owners of co-ops are taxed only once,

The private concerns have a more | understandable. case, .though,

lay aside money for expansion,

tial tax on the same business in-|

in|

{for special discounts to members. Included in the recent action of

{aging around 70 per cent of their| Congress requiring income reports

{ were those from labor unions. These reports are expected to reveal to congress the extent to which the unions have enterprises like cffice| 79% buildings and apartment houses which compete with types of business paying income taxes. (Their

| buildings have to pay property.

taxes now.)

No love is lost on either side be-/ ® y their complaint that théy cannot) tween the labor unions and the big! | reduces soreness of colds’ sore throat.

but| Always be sure to look for the name whereas the co-ops can and do,| there's a middle ground which is'on the box—St. Joseph Aspirin.

western producers’ co-ops,

FRIDAY, MARCH 10, 1944

Untaxed Co-ops Expand af Expense of Heavily-Taxed. Business, Competitors Say

fertilized by frequent speeches, these to the effect that each group needs the other and that consumers’ co operation is the means by which the strains of post-war readjustments can best be overcome. In the event that farmers’ co-ops find themselves under serious attack, they are certain to appeal to labor unions for support,

FORD FIRES 10 IN

LABOR DISTURBANCE

DETROIT, March 10- (U.P). —

The Ford Motor Co. said today it

had discharged 10 men and suspended 10 others for participating in a disturbance in which 250 men - destroyed property in the aircraft: building labor relations Wednesday. The action, taken In the presence of high officials of the United Auto «

mobile Workers (C. I. 0., came +

shortly after R. J. Thomas, inter national president of the union, wrote officers of Ford local 600 de--

manding “drastic and effective acs *

tion” against leaders of the riot and

those responsible for a walkout in |

the préduction foundry Tuesday.

CAL ISSUES -

Nominal quotations furnished by Indians apolis securities dealers. .

Bid Asked Agents Pin Cop com ... vo TC aries Agents Fin Corp pid. . 20 avs nd Belt R Stk Yds com. 37 41 Belt R Stk Yds pfd........... 33 id Bobbs-Merrill com .....,, bk RRP Bobbs-Merrill 432% pid Baie Circle Theater com . «42 45 Comwith Loan 5% pid. 301 104 Delta Elec com .......... 11% 13% Hook Dru rag LCocom............ 18 17 Home T&T Pt Wayle T% pid. 81% ..... Ind & Mich Elec 7% ptfd 1 Ind, Asso Tel 5% pid .

Jat Hydro Elec 7% pd... nd Gen Bery ..........c.svs, Indpls P & . pid.. Indpis P & L com. Indpls Railways com

Indpls Water pid 1 *Indpls Water Pola A com... 18 19% Lincoln Loan Co 5% % pid 87 Lincoln Nat Life Ins com 37 P lory 4% % pid MG *P R Mallory com.........,.. 23% N Ind Pub Serv Y Su 108 d Pug 108 N Ind Pub ery 7% . 118 Pub Serv of Ind §%. 104 Pub Serv of Ind com. 18% Pr undry com 18 Bond G & E 43 pid . 05 .. Stokely Bros pr p 17% United Tel Co 3% ..ovveveneen 9T onus Union Title com 3 n Van Camp Milk ptd seenes 89 Lill, Algers Wins'w'W RR 4%%...100 TT American Loan 8s 51.......... 97 100 American L#an 5 4 .. 99 101 Cent Newspapers os ‘42. HE . 95 82 Ch of Com Bldg Co wif 61. 78 82 Citizens Ind Poa “hs 8 ...... "103 108 Consol Pin 83 60 ............. 5 100 Ind Asso Tel "co. a 10.0050 08 ..... Indpls P & L 3%s 10......... 107 109 Indpis Railway - kd 470 77 80 Indpls Water Co 3lis 68 .... 107% 109 Kokomo Water Works 5s 53..108 carn Kubner Packing Co 48 54. ..... 97 100 Morris 5 & 10 Stores 5s 50 ...100 103 Muhele Water Wore 8s 66....108 ane N Ind Pub Berv 3 s A Rah 101% 103% N Ind Tel 4's 55 87 90 Pub Serv of Ind War. n.. A 104 105% Pub Tel 41.8 55 100 103 Richmond Water Wks 8s 87... 108 Trac Term Corp 5s 537... ...... 85 1] U 8 Machine Sop $s 52 ...... 99 103 *Ex-dividend WAGON WHEAT Up to the close of the Chicago market today. Indianapolis flour mills and Ji per bushel for

elevators paid $1.63 red wheat (other grades on their merits), Ne. 2 ig oats, T9¢, and N 8 3 red Fe

led corn, $1.08 eh a No. 2 white shelled corn, $1. rd

M Relief

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FRIDAY, TO HON

Annual Med: Capital Re, by Col

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The standing c¢ spondents, the { the Washington [ every two years | men themselves, control of the av 3 The purposes | J the specificatibr judges are to b scribed as follow: | the association: i “This award ¢ E journalistic achi

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