Indianapolis Times, Indianapolis, Marion County, 20 April 1944 — Page 21

ms Broad Ripple to get under , to register. nny Mencin, 1e event. carry an ate Behrens 604, ed for 1014,

ne was also

DN

LESS league was 81st consecu~ y with Presiassy predict will be the

s i of No quantity of around more military draft drains,” he of play may ry to rumors, lenty of playthrough the nt permits us

il home.

urge to

ITIRSNAS AP D AJ WJ LJ

{ BUSINI

ni

New ‘Post-War’ Products Whet

Public's Appetite for Buying

By ROGER

BUDEROW

“THE GREAT INTEREST IN POST-WAR PLANS is

just ‘made-to-order for many companies.

can't sell their new products

Although they now, they are telling about

them, thus whetting buying appetites.for the future. Du Pont has- a new- chemical treatment which can change most soft woods into hardwood, at a cost of 31% to

f

415 cents a board foot.

The transmutation is done by

steeping wood under pressure in a chemical which forms

a resin like those in plastics.

be changed to.any wanted. The company says cheaper woods thus can be used for hard-to-mar furniture, floors, walls, drawers that wan, stick, ete. The process makes the wood resist ant to moisture,

strength of steel. ‘This “plastic glass’ costs more ! than metals but its advocates claim it is so easy to use ‘that the low cost of labor involved offsets this disadvantage. They hope to see it used alter the war in washing machines, refrigerators and other appliances. U. S. Rubber has a new fireresistant asbestos product now being used on heating and ventilating air-duct systems on airplanes which the company believes ought to have a good post-war market. Yesterday A. T. & T. announced that it plans to tryout short-wave radio relay systems’ for longdistance telephone service and for telephone service and for television, Already it is known that coaxial cable systems—cables capable of carrying several hundred ‘telephone conversations simultaneously in two metal tubes a little larger than a lead pencil with a copper wire inside each extending along its axis— works all right but it remains to be seen whether or not radio relay systems will be better and cheaper . ss 8 =» ODDS AND ENDS: If factory production per man-hour hadn't increased as it has since world war 1, due to better machinery chiefly, U. 8 would need 35,000,000 workers

instead of actually 13,600,000 to turn our current production. , . . State

WMC Director John K. Jennings says utilization and training must be stepped up to avoid a manpower crisis,

LINOLEUM TL Se _—

The wood’s color can even

U. S. FOREIGN HOLDINGS LISTED

Private fnvestments Total $13 Billion, Treasury

Reports.

WASHINGTON, April 20 (U. P). —Private American holdings in for« eign countries total more than $13,300,000,000, the biggest shares being in Canada, Germany and the United Kingdom, in that order. The figures, based on preliminary tabulations of a census of American property abroad, were released today by the treasury department. The treasury said the census, initiated nearly a year ago with the aim of furnishingsthe government information for use in economic, financial and commercial dealings with other nations, was the first of its kind undertaken here. The largest block of American investments was in the British Empire—$5,800,000,000, not far from half of all foreign holdings. Of this total, $4375,000000 is invested in Canada, including ownership of government and corporate securities, manufacturing and mining enterprises, urban and farm real es-

tate. Germany Leads The investment in the United Kingdom (England, Scotland, Wales and northern Ireland) is $1,030,000,000. Holdings in Australia and New Zealand total $160,000,000. The report showed total investments in enemy countries fincluding Italy) of $1,775,000,000. The bulk of these $1.290.000,000—were in Germany, with an additional $265,000,000 in Italy and $80,000,000 in Japan. “The investment in enemy nations is more than triple the $450,000,000 of known axis holdings here” the treasury said, adding, “the bulk of the property has probably been seized by enemy governments.”

218,000 Owners

The figures also showed American ownership of more than $2,000,000,000 worth of property in enemyoccupied lands. United States’ financial interest in Latin-America was evident in the total of $3.250,000,000 invested in Central and South American countries. 7 In these investments, Cuba led the parade with $785,000,000, Mexico came next with $420,000,000 and Arsen followed with $355,000,-

Do treasury said the holdings belonged to a total of some 218000 owners, . including

ROACHES Use SEUR-DETH for Quick Results

Amott Exterminating Co. —] 29 Me An

viduals, 32,000 estates and trusts and 16,000 business enterprises.

170,000 ipdi- [Am

IS WHET

P-> HOUSING AND THE WAR _ | NEW DWELLING UNITS IN NON.fARM .

‘ADVICE’ ON-OIL

Congress and Industry Win In Fight to Help Make _ Foreign Policy.

WASHINGTON, April 20 (U. PJ. —Congress and the oil industry have emerged victorious in thei fight to join with the administration in making future U. 8. foreign policy on oil. This became evident in the state department’s announcement late yesterday ha three industry leaders would be permitted to attend the current Anglo-American talks, and in the statement by the special senate ‘oll committee that congres— sional participation in formulation of national petroleum policy “has begun.” The concession to American oil interests followed protests that the United States was represented at the petroleum conferenge only by government officials while the British delegation included men high in the British oil industry. The state department first tried to satisfy the industry by naming a 10-man industry committee to meet only with the American dele-

rr os A

IN BRIEF INSURE U., 8. WORKERS — Lauchlin Currie, administrative assistant to President Roosevelt, an‘nounced group insurance coverage on civilian government employees will now include those stationed

overseas or those who travel abroad on assignment,

CELANESE TO EXPAND-Cana-dian Celanese, Ltd, has been authorized to expend $2,500,000 for plant expansion, a sum which President Dr. Camille Dreyfus said the management hoped to increase to

Director

Prices {

20 to 25 cents at the Indianapolis

ministration reported. A 20-cent decline was made in 160

SELL L CHEN ER

Prices Off 20 to 20 10 25 Cents: 5000 Held Over From

Yesterday. or lighter hogs declined today, the war food ade<

$5,000,000 by 1945.

GAS RESERVE UP—The nation’s

to 200-pounders, although a few brought steady prices, while hogs under 160 pounds were 25 cents.

gasoline reserves increased 678,000 barrels during the week ended April 15, but failed to regain the 11month high set two weeks ago, the

on 200 to

lower than yesterday. Other weights: were unchanged with a $13.80 top +

Approximately 5000 hogs were

270-pounders,

EIT | ETE | CTT a” at 29.000 87.000 ly fi 34.000 68.000 ne ER ih 18.000 46.000 SOURCE: U.S. DEPARTMENT OF LABOR

from 480,000 in 1916 to 120,000 in

The 1943 total of 351,000 new dwelling units was less than half of the 1941 post-depression peak of 715,000 units. The rate of decline, however, was much greater in world war I, when the total declined

1919,

Checks Center

DAVIDSON HEAD OF

0’CONNOR GROCERY Eich:

Roy L. Davidson has been elected | Chrysier

president of M. O'Connor & Co, wholesale grocers, 600 Kentucky ave. succeeding the late William L. O'Connor, Mr. Davidson is rounding out his 89th year with the M. O'Connor organization and previously held the office of vice president. Other officers are William 8. O'Connor, vice president and treasurer, and 0. C, Haug, secretary.

until every

MN GOES A LONG WAY § \ TO SATISFY THIRST

That's because we take a Jong time to age Fox De Luxe carefully, thoroughly...

golden drop reaches the peak

of flavor perfection. Result: beer that's not too bitter, not too sweet . . . but always

BUSINESS DIRECTORY

Banks' Exchange Charges on

mellow,

always enjoyable. The grandest

beverage you ever tasted! Fox De Luss Brwg. Co. of Indiana, Inc. Marion, Ind.

FOX DE LUXE

he seer or

ALANCED FLAVOR

WORN SPOTS . Mi TAlLOWING go. eee

’

BUSINESS EDUCATION Strong Accounting, Bo 0 kkeeping,

of Controversy

American Petroleum institute disclosed today.

GARDNER TO SPEAK.—Everett L. Gardner, Indiana employment security division director, will speak at the Indianapolis control meeting of the Controllers Institute “of America at the Lincoln hotel April 26.

DENIES CUTBACK. — Republic Aviation Corp. denied reports the company is releasing employees because of reduced schedule but because of “increased efficiency.” It

Isaac E. Woodard, president of Acme-Evans Co. of Indianapolis, has been elected a director of the Millers National Federation, the national organization of flour millers, representing the states of

held over from yesterday. Today's receipts included 6700 hogs, 778 cattle, 700 calves and 975 sheep.

GOOD TO CHOICE HOGS (6700) 120- 140 pounds $10. Rail. 3 140- 160 pounds .... 11.

nal TIGR Dain vile ha

Indiana, Ohio and Illinois. Mr, | 160- 180 pounds .. Woodard this month celebrates | joo. 230 De oy 13. Leung 3 his 37th anniversary with the local 3%. M0 Younds . ee B 2 : milling company. 270 300 pounds. ... ee 1330 300- 330 pounds 13.15 : 330- 360 pounds 13.00 BUSINESS AT A GLANCE] seaiom— . 160- 220 pounds ........cuu0n 10.00012.79 By UNITED PRESS Packing Sows Good to Chol American Agricultural Chemical 270- 3 ony eter eis rans 1 Hi 1

Co.. (Del.) and subsidiaries 9 months | 300- 33% pounds .

Bleneguipiie and ge Day evening sessions, Coin

Fred W. Case,

fesse nstsssssnanne

Assets of Estates and Trusts Transfer Agent, Re . of Corporate

LIABILITIES. | Capital Stock ..... $1,500,000 00 } RIS as gritrenneinlen vn 1,500,000 00 erved Capital Debentires 500,000 00 ad | Undivided Profits ........ 488,200.25 $3,988,200 25 RESEIVES ............i.civnni RE I 761,869 55 Accrued Interest and Taxes Ensersessas 138,168 18 t Ceposits ess ssesnese 717.803,381 53 {

TRUST DEPARTMENT

- and Trustee and Bond Issues..... 20,087,008 09

Member Federal Deposit Insuratce Corparation

added it is currentl | 330- 360 pounds ... ’ 1790 gation, but further protests brought By RUTH FINNEY ies curvenily Operating at| ied March 30 net profit $1,053,751) 360- 400 pounds . Tl 1245G 13.68 * the agreement that three of the 10 Scripps-Howard Staff Writer pe es. | Good— y would attend the two-power confer- ; } a vs. $1,280,755 year before. | 400- 450 pounds ..... ceraran [email protected] ; “advisers” 10 th WASHINGTON, April 20.—Suppose you want to buy something and MORE ENGINES. — Production Atlantic Refining Co. 3 months| | 450: 500 o pounds ...ieeescenns [email protected] Phoes 5 aa The full S- govern. you send a check to pay for it. of Pratt & Whitney 2000-horse- | 250- 450 pounds ............. [email protected] ip Sp 1 e % Smiizee Suppose when the check reaches the store from which you make power engines for fighter planes ©nded March 31 net income $4,159,- Slaughter Pigs a d fi Bl} Reet ia e Amrit | the purchase, the store has to pay a bank 50 cents or a dollar for cash- | and bombers has been stepped up 45 000.or $1.51 a common share vs. §1,- | [sie 20a Good rere 8.00G11.00 joan / clegation aller CONIErence ing it. How long to you think you could continue to do business by per cent during the last three 334000 or 45 cents year before. | CATTLE (735) 4 ‘check? months at the Ford Motor Co. Contai {f Americ . i Chote Johis A Brown oF Soca: Veen | YOU may be surprised to know this actually is an issue before Con- | company spokesmen said Weim eggs olf. 0 ROSIIE + 1.0 W. 8. 8. Rodgers of the Texas Co., Fes why A SH his pas ive Voor banks h Te ge w 517 or 73 cents a common share Vs. | 1300-1300 pounds .. 16001600. | and A. Jacobsen of the Amerado yn Clu Fickce Which. its op- business in a large way, One ex. CIVILIAN POPULATION = or 48 cents year before. | io: son pounds . angus | Petroleum Corp., as the industry is might wreck the whole I ge way. Une . | 900-1100 pounds - | BGI: | advisory members. The conference {iriure of check transactions. (city has recently becorne the largest LOCAL ISSUES [fits pas rin FEHR | recently me the 00-1500 MA i De Ta er oo wo vals Heling oy 5 of Ss toe OFF 3% IN 3 YEARS mins gages fined 0 toe | $5157 pons es, : e ral reserve - ($90,000,000 are deposits of other Bid Asket| ) § . 12 se 2 board has ruled that RSTpHOR of banks (which could be called on VasHliaTon. Apci 20 J P). | Agents COP ol 700-1000 pounds city ee 100081278 exchange charges on checks, by demand) as compared with $38,000,-| — office of war information re-|ggi"s srk vds com . 38 40s _ Heifers STRAWBERRY CROP | banks, constitutes payment of inter- 000 in individual deposits. fort Sinlon oes at from Apri Belt R Stk Yds pid . 53° “56% pou POURES +n veeerens 14181550 est on demand deposits where this y ov the civilian | opus Merrill 412% prd’ *+*+| 800-1000 pounds 30% WILL BE SMA # BE I Jags epee unt Popuiaiion fall aboot 9.0 per cent Cirle These oe 1d. 108 | 600: 300 pounds [email protected] : LLE The federal reserve act forbids pay-| The legislation which has passed from 131329104 to 127.307884. Delta Eee com. . . ll 131, | 300-1000 pounds . 13.75G14.78 | Times Special ment of interest on demand de- ihe house would set aside the ruling | So Pog (rio he country’s) Hook Dr tg OO Co re 7% pid 2s | 300-1 800 pounds ......useeee. [email protected] LAFAYETTE, April 20.—Here is a iors; he ruling | of the federal reserve board and let| oo ai or ane 00 Tram il Io & Mk Be oe pd... 01 1 | 500- 900 pounds... 100061 some nger { ,011, » hed i ulls (all weights bad news for Indiana straw-| . ,.ge charges for other banks, the Present practice continue. Banks About 9500000 men and 138,000 |ind eon serv. - ro. il ® 1% od (all Weights) +e.overes [email protected] berry lovers! A report by Purdue gn, favor them by keeping large in the southeastern states are, for women were inducted into the I Lr, 10% sausage— university agricultural statisticians, deposits with those first banks. the most part, the ones which refuse | armed forces, however, leaving 3|Indpis Railways com... 141; So 1 sails co-operating with the U. 8. bureau Ae what does all i Hani to cash checks at par when they 204 ig population loss of about = Kom Water phe dm is is” Cutter se i 18504 10.00 of agricultural economics, indicates|, 't\ CSI PATS of fhe Ol oye proied, In 3 witepend the Lincoln Loan Co yia% pra 1! 83 81 [good LE 111501350 that Indiana strawberry ac for i Stric 0 umbpia e prac 1ce « incoin at i . ns com..... 9 175@ °.78 tT | hacks wnen the checks are Presents igo, ‘vot, exist, Southermwrs spot Us S. STATEMENT (Flush tops. 8 ofuie sed common o.oo... a 118 y rom payment. sored the legislation and are asking! WASHINGTON, April 20 (U. P.).—Gov- N Ind Pub Serv 31% pid... 101 ‘a jth CALVES (700) i ment . u CTV 80 «cecaiuen Year ap, Must Make Deposit hits passage in the senate. They Call | curren: faces vear through Abril 18, come | *N Ind Pub Sery 1% ... HS 1 pod to oer an guste son A large part of the reduction is In - other is, the company it a measure in behalf of small|pared ¥ith a Year Meo: Last ¥ Ey Soy ] ial Fo nm, Common to medium .... [email protected] hy 3 S Year Ss 3 4. Que to the scarcity of labor andj fves tie check o|Dusiness. But small banks In the Expenses ...$73,567.836.099 $58 706,693.218 | Progress Laundry com 4.30 100 oe upl 8 ng 34 competing. non-f on § Ww receives the check you sent|34 states were the practice is for- | War Spend.. 68,553.501,873 54.071.338.642|*So Ind G & E 4.8% . 108 he : arm terprises. eceipts ... 33.355784,802 15.553,611,153 | Stokely Bros pr pf . 17% =| doesn't get the full amount of it if |bidden have not been forced OUL Of | Nei Def... 40212.030.646 43,149,610.214| United Tel Co 8% rvevirors OT wione Chole 0813.08 More than two-thirds of this year's nw takes § business. Cash Bal... 13826233472 7.463791.271 | Union Title com ..... 3% | JOU. 300 Bounds. irra. eceneee LUBY strawberry in the state con. | 0 CO RPADY takes It to one of these ; Working Bal. 12.863 427.250 6,701.166.692| Van Camp Milk pf ........... 1 ..... 800-1050 po savaserseesse acreage "| exchange-charging banks. That Now to get to your checks and the Publis Debt 186, 40s. S01, 33 126.267.182.386 Van Camp Milk com .......ss 15 17 300 aa 1 158 sists of old. berry beds. way the bill may affect you if it Sucre date wkd, 1,608.5 BONDS 800-1050 DOURAS «ecesenesseee would mean the company was get- 3 a ; For the country as a whole, yields ting less from you for a certain|becomes law— ¢ INDIANAPOLIS CLEARING HOUSE | Acre Wins'w W RR 4%2% 10% iw | 2500-1000 DOUNAS oeeeserserses [email protected] are expected to be larger in 1944' product than it got from a buyer in| Both the National Association of Clearings ...........ccccooene. $ 4,045,000 | American Loan 5s 46 ......... » mm RT sounds reeneeenns 800@ T20 than in 1943. However, total pro-|a state where such charges aren't|Credit Men and the American Re- Debits 3 CE Ne lB Calves (steers) duction is expected to be somewhat made. So the company hunts tail Federation charge that if the! ti Citizens Ind Tel 4%as 61 ..... 103 108 Good aes Cholce— Lei: less than last year, due to the re- around for a bank that will cash exchange-charge practice is thus | ncorpora 1ons— I Sy Co 3148 70 ven. 08 ..{ Medivm— IL rm , duced acreage. In western Ten- the check at face value. y legalized, it wil] spread all over the | Ppairfield Colonial Apartments, Inc. In- Indpls Pat 3a ho alr 1897 In 500- 900 Eh iis 0.501078 nessee, freezing temperature and| Some banks have entered into an|COUntry: that you will never know (diana Pa Cita! | Indpls Water Co 3i2s 68 .....10T% 109 |Good and Choice— frost on March 29 killed about one- | arrangement with smaller banks in|" Del You write a check whether it and other amendments Eokome Waeicr Works 4s 58...108 * _ __..| $00 pouads and’ dUWs v...s P3007500 half of the strawberry blooms and [the exchange-charging states as iS WOTth the amount for which you |, Co-operative Savings and Loan Associa- | Kubner Packing C0 4 5 07 100 500 pounds down ............ 9.25011.8 small berries. The indicated condi- | follows: have written it; that as a result, Ti ———————— Muncie Water Works 5s 66 108, 3 SHEEP AND LAMBS (975) tion of Indiana strawberries is con-| If the smaller bank will keep|SIiC¢ Checks constitute the prin-| Owens-Illinois Glass Co. and sub-|3 fod 70,2553" 70 iii "es ™ oi | Ewes (shorn) siderably poorer than at this time largs deposits with it, the bank re- | CiPal business currency of our coun- | sidiaries 12 months ended March 31 | Pub Serv of Ind 34s 73... lod 105% [S004 and eROiCE ._..r.o-o 3730 S last year. ceiving the deposits will absorb the 77: the growth of such a practice |net earnings $8935797 or $336 a DiS 70.4 "Water Wks 36 87.108... exchange charges, and let th would amount to a depreciation of | common share’ vs. $9,555,472 or $359 | Trac Term Corp 3s 57. ....... 37 90 Medium and choles .......... 1038 0a ’ 8 It. ” U 8 Machine Corp 58 52...... 29 102 | Medium and good.... 14.78 N. Y, St chant from whom you buy receive |Our Currency. I previous 12 months. *Ex-dividend. Common . . [email protected] ocks the full amount of your check. | —— rn" { 29 i i A? High Low Last Change ow ings he rg a : | AIBA IAL (rbd Boe Ia 3%, 7 ii| with it by the smaller bank to cover| erican e n ian Am Rad & 88 sh sa I a the exchange charges and more too. | ® h I d 2 Ee HARA CE Caecsimbie | National Bank rd 2 18 fn YC National B Avaconda 253 25% 25% .... And what does the smaller bank At Indianapolis rmour & Co.. 5 4% 5. {get out of it? It gets the amount iti i i 3 EC Re TE 3 I de me] . Statement of Condition April 18, 1944 of Indianapolis Bid leo i.. 104 1% ile — |: many cases is sizable. The smaller| RESOURCES { tas . |B'th Steel... s8is 31s 33¢ 7." banks are fighting hard to keep, Cash on hand and on deposit with Federal : Statement of Condition April 13, 1944 Borden ai 30s 30 30's. |these revenues. Reserve Bank and other banks.......... $23,831,682 94 org. 1 ‘ ty + I - | Conde i 3 mE Hi The federal reserve board wants, ebtednass” (reasury certificates of In 12 800.000 00 RESOURCES $4l% ~~ 3 tn ctrm Phie bhacmiies 2b oe cs aa 8 LGROIRADESS ....... cc cccivcrneerenean § i 81% 81 sis o 1 '|to stop this because it says it adds Other United States government securities. 39,974,178 31 | Cash on hand and on dei oi i oh up to payment of interest on de-! Other bonds and securities ..... vesesssass 1,708,859 87 posit with Federal ReDu Pont uz 12° gat TO : mand deposits. The reason dates Stock in Federal Reserve BankK.....cee0s.. 1,500 00 serve and other banks. $ 74,239,240 19 Gen Eectric 381 38 38% + i, + back to the days before the bank! Loans and discounts. .............. ceases. 10,587,511 42 U. S. government securiGen Motors... 5834 se 3, I + holiday. When money begihs to get « Bank buildings and equipment............ 831,650 92 ties ................. 123,318,429 3 $107,557,669 49 Goodrich ...... az 43 a" © :l'tight, consider the position of the Customers’ liability account letters of credit 386,717 76 Other bonds and securities ....... 24,668,213 47 Greyhound vo 3% 1% % = 1.. small bank which h 1 ost Accrued interest receivable and other re- Stock in the Federal Reserve Bank 300,000 00 Ind Ravon ©. 35% 35% 38% © sof its liquid cash oy eed Foagy sources ....... ere veeesns. 218,694 73 Loans and discounts verivvener 27,659,202 69 arvester . 69's 60° 65° posit wi —— Banking house ......... tessecnrrernes ,000 00 Johns-dan es 8 88a saa {larger banks in different sections of $90,428,796 05 Other real estate owned ....coo000veee 5 00 Kroger G & B.. 33% 33% soa © .. the country, in order to have its LIABILITIES Accrued interest receivable......eu.s.. 618,964 28 Lockne Claas .- 48a 48, 46 '% exchange charges absorbed, and in Preferred Stock... TT, veeesesss.$ 725,000 00 Other resources ................o.eee 29.971 19 Loew © 581s Sew asi. © i4 order to have someone else put its Common stock. . teveeeassessssesess 1000000 00 Rrrrrprprrge Maranali’ Pia. 1 13% 13% ,. money to work instead of lending it Surplus ............ tessecsnsssseasessss 1,000,000 00 Nash-Kelv 12 the §3% © 1 locally. (Senator Carter Glass once Undivided profits. ..... Fr ered soak nn 4 a LIABILITIES Nat Distillers, 31% 313 31% - 5, said the practice resulted in draw- Reserve for retirement of preferred stoc N Y Central... 17% 17% 17% - 14 1 th Reserve for dividend payable in common Capital | ...ovvenvnnnnnn.. $4,000,000 % . Ohio OH ..... Me 17% IT = 2 ing a e money from country 325,000 00 Surplus ............ 6,000,000 00 : 3 Tow 35 TH CC CORY TOM COURIY IE gtoek Loi... , Pan hm Af ae 20.0 gait T is banks to money centers for Specula-, Reserve for ‘taxes, interest, contingencies, Undivided profits ........ | 4759951 20 § 14,759,951 20 Penn R R .... 29% 201, . 4 | tive purposes). LN ceeess 581,903 77 Interest, taxes and other expenses acPhelps Doage- a 20% 203, — @ The small bank needs, its money Letters of credit outstanding..... vessssses 386,717 76 crued and unpaid................ . 475,608 79 Pullman ...... * 39% 3% 17 a: back and needs it fast because its Yiberest collected but not earned. ......... 17,560 83 Deposits ........... vevecssscccseases 236,060,074 95 Pure Oil D168 16 . Deposits Unearned discount .....ceceeceesnence 21,349 17 a 16 16%, '; | small depositors are asking for it. po iliti Republic StI... 163% 16%, 16% _ 14 When it demands money from th United States government Other liabilities ......cccmoseesecccene 7.952 01 cin Do py Dh Wh bre ae tit Ber we deposits ...... veces .$ 8,792,782 45 TTT Socony-V Tipe 130 1 + ceerenene ,542,438 7 $251,334,026 Sceny-Yacuum Ba 2 12 + J4 large banks? Its apt to close its Other deposits 76,749,656 30 85,542,438 75 Si4 S, Sa a“ + 38 3 Wa doors, particularly since the re- $00,428,796 05 Member Federal Deposit Insurance Corporation 38 Od fh. 52% 81% saa oy Serve board finds that in recent years | Member Federal Depot Insurance Corporation i exas A - x 2000 Cent. Fox 22% hs Ha Tel i] | ww ome oR 1 S, - US Steel 5 Son Ba . ——— Warner Bros 11% 11% 11% + . oe | . s 147% 147% + rn Ey | Fletcher Trust The Merchant LocAL PropUCE || © ONANYTHING o | he Merchan'y.. san Heavy breed tena, 3%: Leghorn nens. || Autos © Diamonds © Watches Company National Bank & . Broflers, fryers and roosters, under 5} Jewelry © Clothing e Radios, ete, , : a : a horn springers, 2%. Statement of Condition April 18, 1944 ; # Egge—Current recetpts, 84 ws. sod uw. || GET CASH IMMEDIATELY of Indianapolis antl Njs=Orade 4 A large, 7c: grade BANKING DEPARTMENT : Yo Sudeapinces , o2oer=Ne. 1. $0. Buttertat — No. L _ RESOURCES Statement of Condition April 13, 1944 t= Cash on hand and with Federal Reserve . 00. % the WAGON WHEA1 rot . and other ks ee IlTlll .-- 316008. 102 81 . : lose of the Chicago ma United States Securities ....... Pp , 1 i ay, flour mills and grain RE E i tlevators paid 31.69 ver vusner for No. 1] ILLINOIS AND OHIO STS. Other onde and eserve Bank “ee 2541302 3 SOURCES + No. 3 white sate foe nd No 3 red cata, || OPen to 7 P. M.—Sat. to 10 P. M. | Loans and Discounts ............... Ter 7,116,063 66 Cash on hand and on deposit with Federal : Sushel, 32g q white ih Open Sun. to 1 P. M.—Mon. to 9 P. M. |' Bank Buildings (Main and 7 Branches)... 900,000 00 Reserve Bank and other banks..... ee... $32,580,535 53 : yellow shelled corn. $1.08 per Other ReSQUICeS ...........ccovcevedsnes 34,503 92 United States government securities...,... 38,188,199 36

$82,101,619 51

Other bonds and securities. ..ccevovveenns 4,901,285 83 Loans and discounts .......ccesevssneee.. 10,081,215 85 Bank BUAIBING. «oi covecotnsssnrrassiienns 900,000 00

Total SENS NININBINNIERRORINIRRIOIIRIRIETY $88,070,238 56

Arr—————— s $82,191,619 :51

LIABILITIES

Capital SNPs ERN ena NO REBORN: .$ 1,250,000 00 ‘Surplus $840sscnsnnsnsssnsionscssnsnsnas 11,250,000 00 BS Undivided profits A EE Ey 16 Ta "Reserved for taxes, interest, etc....c.ouus. 1 Deposits eecssesncssnsrssnssatcntatrnnae 21.35.13 2

et gr [erro reer

Total, cessesccrerasersentnnansiratnane -

, oa