Indianapolis Times, Indianapolis, Marion County, 27 March 1946 — Page 27

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BUSINES

WARMTR SPURS

GRAIN SROWTH

Some Wheat 6 tp 8 Inches High; Pastures, Good.

Vegetation advanced rapidly during last week's unusually warm

weather, the Indianapdlis weather

bureau said today in the weekly

| weather and crop bulletin,

Rain during che last four days

§ hampered field work and caused § some flooding along the Wabash

and White rivers. Some plowing was. done where the land was not

"too wet.

Fruit Trees Bloom Wheat is reported in good condition, with the best growths six to eight inches tall. Pastures are growing, with alfalfa and clover also in good condition. Apricots, pears and plums are blooming in the southern part of the state, and in the extreme south some peaches are blooming, A few gardens have been started, and In the extreme” south a few potatoes have been planted, Some

| oat planting and grass seeding was | reported.

ARGENTINE BANK IS NATIONALIZED,

‘BUENOS AIRES, March 27 (U.

| P.).—The Argentine Central bank,

founded in 1935, which heretofore was operated by all banks in Argen-

. tina—foreign as well as national—

has been nationalized by government decree, : , The unexpected decree stipulated that henceforth all members of the bank's board of directors must be Argentines. Previously, foreign banks were represented and Henry Whitman, manager of the Buenos Aires branch of the National City Bank of New York, was a member of the board. The decree became effective at 1 a. m. today. The Central bank, known as a

“panker’s bank,” functioned similar| 5 to the Federal Reserve banks of the 1

United States.

LOCAL ISSUES

1 Nominal quotations furnished by Indi-

anapolis securities dealers;

STOCKS Agent Pin Corp com *Agents Fin Corp pfd

Bid. Asked

Yds pfd *Bobbs-Merrill 4'2% pid Bobbs-Merrill eom 12 Central Soya com ........ eee DB Circle Theater com 65 Comwlth Loan 5% Cons Pin Corp pf Delta Electric com Electronic Lab com 5% Ft Wayne & Jackson RR pid HerfI-Jones Co cl A pf 51

“2{Canner ..

3 ¥

‘NUMBER OF WORKERS INVOLVED AND SITUATIONS HANDLED

BY CONCILIATION SERVICE |

FISCAL YEARS

RD TEs BATE © Lise CREA OF LABOR STATISTI

0 J—— ¢ 0 1913 1914 1915 16 7 18 193 1920 1321 FEE 1963 44 1925 19CE 147 WER 1909 1930 191 TOOL 1033 1804 1300 1904 1907 1930 1930 9401041 1042 1903 1844 [348

PORKER SALES STEADY TODAY

Yards Get 5900 Hogs and 925 Cattle.

The 5900 hogs received today at the Indianapolis “stockyards continued to sell at steady levels, the U. 8. agriculture department said: The 925 cattle found stronger asking prices tending to slow trade,

with prices steady to weak. The 425 calves and 1025 sheep were unchanged.

GOOD TO CHOICE HOGS (5000) 120- 140 [email protected] + [email protected] 14.85

. 14.85 [email protected] [email protected] Packing Sows Good to Choice—

270- 300 POUNAS +v.iveersens 330- 400 pounds

400- 450 pounds Medium — 250- 550 pounds

Slaughter Pigs Medium to Goo 80- 12 aad CATTLE (925)

Steers pounds 11.75 pounds .. pounds .

@1 p18.05 pounds ..

§18.05

pounds pounis ... pounds .. pounds ..

m-— 700-1100 pounds 1100-1300 pounds Common— 700-1100 pounds

. [email protected]

[email protected] [email protected]

[email protected]

Cholce—

600- 800 pounds 800-1000 pounds Good 600- 800 pounds 800-1000 pounds .

[email protected] [email protected]

[email protected] « [email protected]

sesans eeenss [email protected] [email protected]

| Medium—

500- 9500 pounds Common 500- 900 pounds Cows (all weights) 13.00@ 14.50 Cutter and common

" Bulls (all weights)

* | Beef—

*Indianapolis Water pfd Indpls Water Class A com ,

Kingan & Co pfd . Lincoln Lean Co 5'; ‘pfd . “Lincoln Nat Life com P R Mallory com .... vin Marmon-Herrington com Mastic Asphalt *Natl Homes com N Ind Pub Serv 5% Progress Laundry com Pub Serv of Ind 5%. Pub Serv of Ind com . *Ross Gear & Tool com... So Ind G & 8 487, pid... *Stokely-Van Camp pf Stockely-Van Camp com ..., J *Terre Haute Malieabie U 8 Machine com United Tel Co 5% Union Title com

American Loan 4!38 55...... § American Loan 4'25 60...... Buhner Fertilizer 58 54 5 Ch of Com Bldg 4'2s 61...... § Citizens Ind Tel 4'2s 61..... 10 3 Columbia Club 1'2s 5s Consol Fin 58 56 Indpis P& L 328 70. ..... Indpls Railway Co 5s 57. .... Ind Assoc Tel .Co 3s 75 . ¥o Indpls Water Co 3l:s 68 ...104'% 106 Kuhner Packing Co 4s 54.... 10 N Ind Pub Serv 3's 73 Pub Serv of Ind 3'28 75 Pub Tel 4'3s B85 rs Trac Term Corp 5s 67 H J Williamson Inc 58 55... *Ex-dividend

ENJOY EXTRA CONVENIENCE | ‘Bank by Mail at

AMERICAN NATIONAL BANK

AT INDIANAPOLIS

oe 2 ed 100 28

98

29

Member Faderol Deposit Incuronce Corporation

: | Common and medium .

.| Good and choice . | Medium and good

Good (all weights) 13.50@ 14.50 [email protected] weil yi aah insite 10. ais. 00 and’ commen CALVES (4%) Good and choice Colmes Culls

Cutter

coaliee [email protected] a medium ....... [email protected] vos [email protected]

Fsslon and Stocker Cattle and Calves

Choice— 600- 800 [email protected] [email protected]

sanseene 12.00913.50

800-1060 | Good —

eq! 500-1000 pounds | Choice and Qosely sorted SHEEP (1025) | Ewes (Shorn) | Good and choice

[email protected] 5.75

. [email protected] 6.00@ 7.00 Lambs Choice and closely Sorted .... 16.00 . [email protected]%

Common 11 1L00@13 50

RADIO ASSOCIATION

ELECTS M'CONNELL

‘| ©. Bruce McConnell, president of | (radio station WISH, has been elected | | director for. the eighth district of the National Association of Broad- | casters, Mr. McConnell, (radio stations WHOT at South]

{Bend a and WHBU at Anderson, |

| years. He will assume his new duties {during the national convention of the association scheduled to meet |at Chicago in mid-October.

~ BUSINESS DIRECTORY

You Save Because We Save Men's Suits & Overcoats

518 27 24%

CASE CLOTHES 215 N. Senate Ave, Open 9 to §

[RE-WEAVING|

of MOTH HOLE or WORN SPOTS

LEON TAILORING CO. 235 Mass. Ave, 'n the Middle ot

the First Block

PEARSON'S ——,

MUSIC CO.

Trustworthy Since 1873

~ 118 N. Penn St.

WASTE

PAPER AMERICAN PAPER

. [email protected] |

had reached the strike vote stage.

penn

management together in informal department of labor has the answers, and it is passing them on to students in its school for labor conciliators here. § The first class is now about halfway through its course. There are 27 students, including those attending classes for refresher purposes. The U.S. conciliation service in the department of labor has been so overworked lately that it had to begin training men to handle the flood of business. Also, the labor situation is so complex today that experienced men from the field are

HX 7s | being called to Washington and

sent back to school to bring them up to date on legal trends and me99 | diation methods.

Complicated Job A conciliator has a simple aim and a complicated job. His ultimate goal is to aid in bringing management and labor together to iron out differences without a strike or lockout. Attaining this end is a highly demanding business, In addressing the first class, Seeretary of Labor Lewis B. Schwellenbach told members that the work of the conciliation service is one of

» the’ most important functions the

government is performing at this time. He told them not to get discouraged no matter how tough a job seems, and to remember that there is no labor dispute in history which — hasn't eventually been settled. . In a typical class session, the students sit around long conference tables. Three or four of the departmnt’s experts sit at the head of the class and take turns explain- | o ing various sections of the law dealing with labor problems. Then the session is opened for questions. Last Two Weeks Here are some of them: “Suppose you arrive on the scene {of an pending strike and neither

the union nor management men

will see you?” The answer: “Usually one or the other party | will have requested ithe services of a conciliator. Go to that party and get the issues in the dispute and then contact the other party and {find out his stand on the issues.” A man who had evidently been a conciliator on various disputes { previously, asked: “Suppose a plant is struck and

who also heads the government seizes it and or-

| ders the men to return to work and [they refuse, What can be done in

| succeeds John E. Fetzer, WKZO at | that case?” | Kalamazoo, and will serve for two|

The answer to that one, department admitted, nobody knew. He

| said it had never happened.

The first course will last about two weeks, In that time the student conciliators will be given a chance to meet with labor leaders as well as industrialists. The instructors even tell them how to make out their travel vouchers cor- | rectly.

3 DAYS service.

RI-6341. 320 W. Mich.

| L STOCK COMPANY

WE Buy Diamonds,

HIGHEST CASH PRICES PAID

STANLEY Jewelry Co.

nm w Wash. Lincoln Hotel Bldg.

OXYGEN ™ ERAPY |

This Equipment Can Be Rented at

HAAG'S 402 N. Capitol Ave.

Day Phone Night Phone ——hI586T —— i

Hl 4a 208

ATI 141 W. Wash. St._|

PERSONAL

idelity "tos

TRUST RCOMPANY 123 EAST MARKET STREET

Time to Change to A NEW SPRING | HAT & : _— EVINSON |

87 N. Penni. Ni. & Mkt.

BROKEN LENSES ‘ REPLACED BRING IN THE PIECES DR. JOS. E. KERNEL

TRACTION TERMINAL BLDG.

| well-groomed

appearance §

MEANS BETTER CLEANING

AL)

1 1) SUIT or (del

TRB %[

For Location of Nearest Store Phone Wabash 4521

IEEE

This chart illustrates increasing responsibilities of the U. 8. concillation service since its inception in 1913, During last month the serv. ice settled a total of 222 strikes and lockouts. It was called upon to handle 1342 cases in February, of which 1072 were labor disputes. Of these, settlements were obtained in 482 cases before the controversy

was effected after the taking of a strike vote, and the threatened work stoppage thereby averted. Of the 271 non-dispute situations, 96 were arbitrations “aqueied at the request of parties to labor-management

School Teaches How to Win Employers, Influence Unions

By DOUGLAS LARSEN NEA Staff Writer WASHINGTON, March 27.—How do you talk a “union head into cutting his demand for a 30 per cent increase? How do you sell an employer on installing showers in the locker rooms or allowing workers more time off for sickness? What's the best technique for getting representatives of labor and Kgssions to thrash things out? The

In 369 additional cases, settlement

a

CHAMBER OPPOSES HOUSING SUBSIDIES

WASHINGTON, March 27 (U. P.).—The U. 8. Chamber of Commerce voiced strong opposition today to the administration's plea for $600,000,000 in subsidies to encourage production of materials for the veterans housing program. Instead of subsidies, it said, Housing Expediter Wilson W. Wyatt should authorize “needed” increases in the prices of scarce materials, The chamber’s board of directors presented to the senate banking committee a statement endorsing the housing bill approved by the house. It does not include the subsidy provision, which President Truman has called the “heart” of the program to build veterans 2,700,000 homes by the end of 1947. The Chamber said the house-ap-proved bill gave Wyatt “ample” authority to meet the goals, including authority to order any price increases needed to boost production of materials. It denounced subsidies as an attempt to “conceal inflation and establish, in a sense, dishonest prices.”

NEW FIRMS AND PARTNERSHIPS

B. Automatic Heating Sales and Service, 2106 E Washington. Heating equipment, etc. Dallas J. Page, 419 W, 30th; Orville J. Bailey, 2346 N. Illinois; O. Page, LaSalle. Everready Window Washing and - Glasing Co., 5906 College ave. Window cleaning and window glazing. IL. M. Graham, 35 E. 21st; C. H. Jackson, 5922 College

oe aplebursy Bakeries. 3346 Mars Hill rd. Bakery and food products. James W. Matthews and James A. Matthews, 420

Poplar rd. way Cleaners, 3757 W. 10th. Dry Sleantug. Bo rry C. Porter and Elizabeth M. Porter, 31 N. Addison st. a "Deal Purniture Co., 2744 Roosevelt ave. Second hand and new furniture. Cylas A. Grimes and Mrs. Ethel Grimes, 2744 Roosevelt ave. The Oaroline Mfg. Co, 4927 Ralston ave. Plastic jewelry. Charles L. Carroll, 4927 Ralston ave. West 16th Furniture and Appliance, 152 W. 16th. New and used furniture. George 8S. Abbitt, 823 Dawson. Incar Printing Corp., 219 E. St. Joseph st. PrN and publishing. J. F. Mad- | den, 331 30th; Katherine Prendergast, | 3300 N. Merion Geneva Madden, 331 E.

Goldsmith Steel & Supply Co., 1235 8. West st. Usable and new pipe, etc. 8. M. Goldsmith, 132 E. 48th; Milton Pox, 3024 Park ave.; Irving Gross, 3024 Park. Parkway Hardware, 503 N. Emerson ave. Retail hardware store. Carl Hancock, 1537

. THE INDIANAPOLIS TIMES

U. S., FRANCE SIGN AIR PACT

Grant Landing Rights at UNO Site.

WASHINGTON, March 37 (U. P.). —The United States and Prance today signed a new aviation agreement giving this country-far-reach-ing commercial air rights in France and strategically-located points of

ihe French empire.

France in réturn gained commercial entry to New York, Washington, Chicago, Boston, Puerto Rico and the site of the United Nations Organization, She is the first foreign nation specifically authorized to serve UNO’s eventual home in this country by air. Grants Eight Routes The agreement, which embodies the five freedoms of the air, was signed in Paris by French Foreign Minister Georges Bidault and U. 8. Ambassador Jefferson Caffery. The text was made public here. It was accepted by the United States as an executive agreement, not subject to senate ratification. As such it was almost certain to be attacked in the senate commerce committee, where efforts are afoot to require that all air agreements be treaties requiring two-thirds senate vote. The agreement opens to U, 8. carriers all air bases built on French territory during the war, either partly or wholly by the U. 8. It provides for eight U. 8. routes across the North Atlantic to the Far East, the South Atlantic to South Africa, the Pacific to the Orient and in the Caribbean. France obtains five routes across the North Atlantic, in the Caribbean and between Indo China and Manila if the Philippines government approves. Points to be served by U. 8 airlines are Paris, Marseilles, Algiers, Tunis, Dakar, Pointe Noir, Brazzaville, Guadeloupe, Martinique, French Guiana, New Caledonia, Saigon and Hanol. Unlimited Flights

The agreement imposes no limitations on numbers of flights so long as capacity of airplanes is kept in line with available traffic. Under the five freedoms, airlines of either country may pick up traffic in another and carry it to a third. Senators are expected to attack permission given France in this regard to pick up New York traffic destined for Mexico. Rates will be set by carriers but must be approved by the governments. Disputes will be referred to the provisional International Civil Aviation organization at Montreal. In this and in other features, the agreement is like that recently concluded with Britain. The agreement supercedes one reached in 1939, which limited flights to two weekly, and a temporary one under which service has recently been operating to Paris. Flights under the new agreement can begin immediately. Pan American Airways and Trans continental and Western Air have been designated to operate the North Atlantic services provided in the agreement.

INCORPORATIONS

Service Equipment Center, Inc., 608 Merchants Bank bldg. Indianapolis; agent, Truman ©. Bwing, same address; shares of $25 par value; to deal in machinery and automobile lubricating suppites, ete.; Truman O. Ewing, Homer K. York, Paul ¥Y. Davis. Co., Ie, 1511 Mer-

American Foundry chants Bank bldg, Indianapolis; agent, C. T. Corp. System, same address; 1000 shares of $100 par value; Blaine H. Miller, Edward B. Raub Jr., George C. Forrey IIL Emerson MNeights Civic league, 5210 B. 10th st, Indianapolis; no capital stock; Crawford Furry, Mrs. Ruby E. Frazier, Christine B. Lawson, George BE. Traut, John E. Tamblyn, EB E. Frazier. Sand and Gravel Oo, Inc; 1411 Pletcher Trust bldg., Indianapolis; agent, L. L. Hughes, 4450 Marcy lane, Tediaka polis; 1000 shares no par value; rE = Hughes, Susan B. Hughes, M. J. aylo

Mid- America Engineering Corp. of Indiana, 632 Illinois bidg., In lana lis; agent, Claude H. Anderson; same address: 1000 shares no par value; freight ens portation; William H. Lan H. Anderson, Warren C. y. Westinghouse Electric Elevator Oo. 1linois corporation; withdrawal.

Central

3 gh; Ralph E. Daley, 3517 E

Brooks Clothes, Inc, Virginia corporation; withdrawal.

U. 8. Highway 31, Rochester, Indiana, Surfaced with Kentucky Rock Asphalt in 1934

ASPHALT gives that ex

Unprotected retread has an

KENTUCKY ROCK

tra protection and economy,

average effective lifs of 2

to 3 years, after which comes costly maintenance and

reconstruction. A thin coat

of Kentucky Rock Asphalt

seals the voids, prevents picking and raveling: and adds

many years effective life—plus a non-skid. surface—at

nominal cost

KE

NTUCKY ROCK ASPHALT

is safe to drive on in any kind of weather because of its

skid-resisting and non-glaring

surface. Save the Base—

Apply a New Face of Kentucky Rock Asphalt, +

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1000 | under its own patents developed |

Books

“loLosk ACCOUNT

The Business branch of the Indianapolis‘ Public Library announced receipts of the following new books of interest to local business people:

INDUSTRY ‘IN LATIN AMERICA, by George Wythe. LABOR POLICY OF THE FEDERAL GOVERNMENT, by Harold W. Metz, MODERN CORPORATION FINANCE, by W. H, Husband and James E. Dockeray. A TAX PROGRAM FOR A SOLVENT AMERICA, by Committee on Post-War Taxation, EXPENSES AND PROFITS OF LIMITED PRICE .VARIETY STORES IN 1044, by Harvard uniYershy.

ON LEND-LEASE

U. S., Britain Deal Is First ~ One Settled.

WASHINGTON, March 27 (U. P). ~The United States and Britain today formally signed an agreement winding up Britain's lend-lease account for $650,000,000. It terminated a history-making operation which saw a total of $26,000,000,000 in American goods cross the Atlantic for the British war effort. Officials said the settlement| figure may still be raised a few million dollars as result of certain v minor adjustments,

The agreement was signed for Hixon Will Head

the United States by Acting SecreSlayton Branch

tary of State Dean Acheson and for Britain by Ambassador Lord HaliSlayton & Co., Inc, investment securities, has opened an office

fax. It was the first final lendlease settlement reached with any in the Maco building at 38th

country. Worked Out With Loan st. and College ave. with Orval

The $650,000,000 settlement was worked out durihg negotiations for the $3,750,000,000 British loan and was made public Dec. 6. Like the loan, it is payable over a 50-year 8. Hixon as dis- period at two per cent interest, betrict manager. ginning Dec. 31, 1951, Mr. Hixon's Under the settlement, the Britson, John 8. ish receive title to $532,000,000 in Hixon, will be surplus property and unused lendattached to the firm as repre- § sentative, Orval Hixon was formerly a Orval Hixon

lease stocks in the United Kingprincipal partner and secretary of

dom. The remaining $118,000,000, which is subject to later adjustDaley & Hixon, Inc., lumber deal. ers. He attended

ment, includes goods in the lendlease pipeline on V-J day, and claims by this government against Britain in excess of British claims against the United States. DePauw univer The senate war investigating sity. committee bitterly criticized the John Hixon [settlement in a report last Friday. has recently [It charged that Britain had saddled been discharged |the state department with “onerfrom the army |ous” restrictions that helped beat after serving |down the final figure to be paid by overseas in the field artillery. "A graduate of Shortridge high school, he at-

Britain. John Hixon tended Butler

U. S. STATEMENT WASHINGTON, March 27 (U, P.).—Govuniversity before entering service more than three years ago.

SAYS SUIT FILED ON WAR-AIDING ACTION

pared with a yesr ago: This Year Last Year Expenses § 50,838,055,105 § 71,381,894,841 War Spend’ Ka, 419,405 64,976,723, Recel 156,700 Net Deficit Bn $79.803 Cash Balance 33,054,071, 1086 Public Debt 276,507,727,466 234,877,324,034 Gold Reserve 20,233,414,643 20, 420,322,869 DETROIT, March 27 (U. P.).— President Walter F. Rockwell of the Timken-Detroit Axle Co. asserted today that the government it has filed an anti-trust suit against the firm for conduct which speeded production of war equipment and

INDIANAPOLIS CLEARING HOUSE Clearings $ 7,005,000 17,760,000 saved taxpayers millions of dollars.

0c. light, 15¢; and over, . Ouirrent receipe 54 Dba. to case, od eggs, A large, 33c; A medium, ne: gi Te.

TRUCK WHEAT Indianapolis flour mills and grain elevators are paying 31.73 per bushel for No. 1 red wheat 1othet

Monsan - C0, will discuss “Plastics” at the din= ner of the Controllers Institute of America tonight in the “Lincoln hotel.

ASK S0C-A-POND PRICE FOR COTTON

WASHINGTON, March 27 (u. P). —Southern senators slugged their way into & new battle for higher cotton prices, For the first time, they named their goal—a price of “at least” 30 cents a pourid. Cotton now sells for about 27 cents, the highest’ since the crash of 1029, The southerners regarded the pros posed increase as a “pay raise” similar to those already granted some big unions,

“The government has permitted © other groups to practically write their own ticket and we merely dee sire to compensate southern pros

ducers for the increased costs which the policies of our government have imposed upon them,” said a joing statement by Senators James O, Eastland (D. Miss), John L. Mte Clellan (D. Ark), Burnet R. May= pank (D.8.C,), and W, Lee O’Daniel (D, Tex), The senators promised “everything within our power” to prevent OPA from keeping farmers from receiving at least 30 cents per pound for the 1046 crop. The alternative, they said, was abolition of the OPA “and its vicious anti~-producer tendencies.”

1

Rent © *

SAFETY DEPOSIT BOX

(Limited Number Available Now)

You can have your own, private safety deposit box in the burglar - vault in the new ANCE CENTER, conveniently located at 21 North Pennsylvania Street. The Insurance Center is open from 5:30 a m. to 5:30 p. m. on week days—and ‘til 1:00 p. m. on Saturdays. Inquire at your convenience.

MUTUAL BENEFIT

Debits LOCAL PRODUCE The government's suit, instituted

PRICES FOR PLANT in federal district court here yesterday, charges Timken-Detroit refused to grant patent licenses to

merits); oats, No. 2 white or testing 34 lbs, or better, a oS.

white shelled corn, $1.

3 yellow shelled, $1.11 Der. uanel and No. 3

Health and Accident Association 21 N. Pennsylvania

EIR

manufacturers unleds they bought!

their axles and axle forgings from the firm. Timken-Detroit controls patents on certain multi-wheel | automotive units Tigeded by the! manufacturers. | Rockwell said in Seplving to the action that the patents involved actually were owned by the gov= | ernment and that Timken merely was licensed under them. “Under its license under the| patents involved,” he asserted, “and

Circle Tower

Offices in 88 cities

at considerable cost, Timken could private wire system.

have insisted upon millions of dollars of royalties from the govern- | ment during the war, but instead

Underwriters and Distributors of Investment Securities Brokers in Securities and Commodities

Telephone: Market 6591

0. J. HoLpEr, MANAGER

research information available.

Indianapolis 4

interconnected by our Outstanding securities

gave the government royalty-free! license.” |

TTR TELL

LIFE INSURANCE CO

Bertrand J. Perry, Choirman of the Board ~~ SPRINGFIELD + MASSACHUSETTS

Life Insurance in Joie, an all-time high. Gain during year..

New Life Insurance sold Gain over 1944

Claims paid, due to war causes

Government Bonds owned and on order at year-end, par value

Surplus to Policyholders, an all-time high. ain Qvef previous year-end

Assets

‘Bonds, Mortgages and Other Assets. ... . vn ...$ Interest, due and accrued. . a- is arm Premiums, due and accrued es +

*Total Admitted Assets.

“eae ee

Liabilities Policyholders’ Reserve... .. Policyholders’ Funds. .... ‘ Policy Claims in process of settlement... , Dividends to Policyholders. ........

§ Sis one sue sua ore ene wn eee wee

. jscollancons Liabilities. , we we oe sur cas gin oun mt

Jreant } to Policyholders . rh ee a

State of Massachusetts $250,000; State of Georgia $10,000, **Admitted Assets’ are assets determined in Association of Insurance Commissioners.

700 Circle Tower

Serine

_Nassachusetty Hutual

From our 94th Annual Report as at December 31, 1945

Admitted Assets, 48 alltime high... ce see et tne oe 1m see we oe + $1,014,155,467 Gain during year. ........... re re ove one owe ne won vue ome om os oe $82,570,654

oF van oo oor 30D

NE ae a eRe ae SEE §

nor mn an aan oon wun, reid

Bd

Summary of Annual Statement

December 31,

oo none ome vm ie aie one oe « $1,014,155,467 Sms

79,068,780 -$ 81,174,569 L Annuities in force siovile for annual income payments of..§ 18,336,140 ew Li - woes aoe o3. 155,481,059 “> eat a Sa — na to 5,609,799 Paid to Policyholders and Beneficiaries... : ...c ow 5.8 48,813,236 ims pai rt ae vm oes vm em on $ | 1,881,006 286,000,000 $ 50,440,685 $ 535,287

Total Liabilities and Contingency Funds... .$1,014,155.467 United States Registered Bonds included in the above statement are deposited astequired Nv Taw; with rules established by the National A complete Annual Report will be sent on request, >

E. LEO SMITH, General Agent

MPANY

Alessnder T. Maclean, President

1945 992,985,587 8,159,752 13,010,128

$735,577,836 200,535,952 3,630,063 11,085,380 2,236,967 4,198,584 6,450,000 50,440,685

Srrienirimiriiiirsegrgriegrriig eee

+ + 4 + + + B il: + + + +

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