Indianapolis Times, Indianapolis, Marion County, 9 September 1948 — Page 26
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PARADE OF HOMES—Frank Cartright, executive vice pres“ident of the National Association of Home Builders, studies’ The "Parade of Homes.” Mr. Cortright _spid he was so impressed with the section he ordered 500 copies Ror distribution to members of the association.
Times special home section,
per cent of demand deposits, effective Sept. 24. Requirements of member banks in other large cities were raised from 20 to 22 per cent, effective on the same date, and the so|called “country” banks of the system were ordered to boost their reserves from the present 14 to 16 per cent on Sept. 16. It was the first increase in reserves ordered by the board in about a year. Under the old law, reserve re-
g Sheers, Heifers 50 Cents
23.00@31. 24.000 31.50 18,003.24.00 800-800 0G 34. 800-1000 pound. 1... seagens Er] . : fee te air Ky. +« 22.00030.00 isin Swag
Cutter and common
19.80 16.50
‘vind dg
24.80 23.50 22.00
Fraararhanin anda nanens
Custer and common
Pooder and Sots Ositle and’ Catver Oholoe— Ret Rianne [email protected] [email protected] + }[email protected] + [email protected]
as OWE uviveiiess [email protected]
Onives (Heifers) etait TO a
59 years. She was a charter mem- | Lin ber of the Union Congregations]
Na Survivors include two “sons, |! In and Albert Asche, two rs; Mrs. Petty and Mrs. non Kirby, and a sister, Mrs, Carrie Becker, all of Indianapolis.|®0 Five ffandchdren and five great-
a
children also survive.
Otis George, Salesman,
Dies at Age of 60
for Otis George, 4032
THE INDIANAPOLIS TIMES
1 Elevator Strike Perils Wheat Shipments a, Te! se Black GoM Stock 5, oe... Support of Egg
a * Of the company’s 98,544 stock-/made to offset: labor and{pfogram went into effect in May, Report Trolley [ipo a te Indian-|material costs. EE ao athe government has bought the -
quirements of all member banks had been raised during 1947 to the legal limit. Congress voted at the extra session this summer to increase the limit to 30 per cent for the New York and Chicago banks, 24 per cent for other big city members, and 18
THURSDAY, SEPT. 9, 1948
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of John Oscar DeWitt, 55, of} ° Rul » The company also announced|’ You' Austin 1a an auto sscident ‘two} 10% as Shareholders higher prices on other farm im-| Changes Plan peid for by | “Dewitt, mechanic for the| More than 10 per cent of thelbras: announced by the company] WASHINGTON, Sept. 9 (UP) occ 3 : ings ond Ce - ous diivdends. dream-home nersville, collided. McCaffrey price * z . revealed in a survey today. re a ae 7, were| Since the 1948 purchase support py
in apolis, 10,866 live in Indiana, itemize increases. equivalent of 75 million dozen and not ge the in, eggs at a cost of about $31 mil.
: ‘Nn 9 | More than half of the stock- = . tion. Passengers Drop holders ive in the 13 Nore Con PACITIC Area Hit Department officials had hoped | ® nil : sim ES or shareholders live in and end o 3 Million Decline : shareholders es fea sub- 2 because this is the low nroduc- | Noted in 8 Months urbs and on farms as in,the 25 y ajor p tion season. A sharp drop in the
*
Dividend Rs
largest cities. egg market during the bi 2 Rg "A decrease in thé number of| ~~ days forced the change in pl-ns street car, trolley and bus riders Breakquun af, Wigures Fear Tidal Wave |, Purchases Egg Powder
during the first eight months of| Standard Oil statisticians re- Egliguwed Tremor Prices are supported ‘through |
1048 compared with the same Pe-|in the United States have 10 of HONOLULU, T. H. Sept. 9[tne PUrc nc of dried e68 be on |
riod in 1947 was reported today|more stockholders, Whiting, Ind.,|(UP)—The largest Pacific earth-(o. & Ve MEENC FO T0000 BF | by Indianapolis Railways, Inc. [where the company's largest re- quake this year shook the ocean|,), producer, During the ~ = | Transit firm figures released|finery is located, stands eighth! floor yesterday somewhere be-i;. 41 program, the government ° today show only 57,158,616 reve-|2Mong cities with 9744. tween Fiji and Samoa andlp.. nought about 24,650,000 | 5 boarded the cars| The average company stock-Taised fears that a tidal Wave|poungs of dried eggs, of whirh Be aes Oa ol holder owns 157 shares, accord-| might have torn across those is-13 175000 pounds have been this. year up 10 235. 31, 8a lands or the intervening atolls. |turned over to the federal school
ing to 1947 records, and there are against 60,294,633 during the same period last year. This is 3022 more women stockholders on| But the tremor, recorded as|lunch program. -
~ [the company’s payroll than men.[of “major intensity” on seismo-| By law thé government is 2 3 decline of D3 per Sunt or 3,136, Institutions, both charitableigraphs in Hawaii and on the/mitted to support egg pric: at GLASSES P , and commercial, owned 11,314 at|mainland, apparently occurred{90 per cent of parity. With the . oT The company reports that dur-isp, ong of 1947. No individual{deep in the earth's crust and|bolstering effect of the svoport N ing ‘this period the number ofigi holder owned as much as) created only a one<foot rise along|program, producers’ prices ‘“is ° . 1.0F transfers collected totaled 16,-|,,o ner cent and no'corporation| Samoan shores. year hove averaged 91 per cent QUT-OF.
442,874, whereas only 15,120,697 or other insitution owned as much of parit, Army's tidal wave warn- ye were collected in the first eight| . gq... per cent, Mr. Blough re- Mg va al,
AN STATE FAIF
he Hard Water Suds Sih,
r cent for the country banks. of 1947. This is a gain ib vs on Jos nr or 8.68 per Lf poe Janda ois. dmmediately pied U. S. Statement iE In Most Cas The firm reports it bas expert-| Clear Rail Wreckage [bers Point naval observatory n-|mes Suosoc ng Dub Tor 50 vi: - EX4) LAFAYETTE, Sept. 9 (UP)—{enced a loss in revenue passen- Banal er rohaT: Beat. ¥ Caspaned Relatives in Kentucky were noti-|gers every month this year. Its| GREENFIELD, Sept. 9 (UP)—|Strument. Jont Sacnt year ; YOU fled today of the death of 15-|report says: “The steady decline|Tracks of the Pennsylvania Rail-| The alert was cancelled after This Year Last Year At year-old Jean Wellman, one of|is in line with passenger de-|road were cleared for traffic here/the Fiji and Samoa stations re $0.253.420.108 10004108 ; six persons injured in an auto ac-|creases being experienced by|today after 17 cars of a freight|ported no appreciable disturbance|peficit 1118750360 1902803 850 FIT YOUR cident near Montmorenci Mon-|other transit systems throughout|train were derailed and some|on land or sea. Dal BA a0e 20s cy 300 Aer SAME DAY day. She died in St. Elizabeth|the country due to greater avail-|overturned in an accident caused] Naval headquarters here said|Goid Reserve 323,793,083,248 °31,765,488,481 : Hospital here yesterday. The vic-|ability of private automobiles and/by a burned out wheel bearing|today the quake apparently was Roush BS nd Io tim's home was in Catlet{dburg, /post - war employment adjust-lon one of the cars. No one wasion the ocean floor nearer Fijij AROLIS CARA a Da ments.” injured. _ than Samoa. x | Te :
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COORBANN | 17,
GRAIN |
MUTUAL AG 1740 North ¢ WAbes
BUSI
¥ ol Produce
ringare, Sh and broilers, 38¢;
Li ad gor oe
Réue—Curreuh. recsipia.
Te; hens der 4% Ibe. 40 leas
: grids” a ue
Butierfat- No. 1, 67; No. 3, 8do,
$
%y/Local Truck Grain Prices
No. 2 white, cogn, $1.88 2 yellow cofn, $1.73. oats, 66c.
New No. *a yellow soybeans, $2.22.
Giving Meaning to Facts
~ Facts ate meaningless unless soundly interpreted. Remembet, too, that factors which have a bearing on investment securities are continually ‘changing. * That is why we believe you will find our invest- : ment research facilities of real value. This department is staffed by men of broad experience who ~~ make continuing studies of company and industry trends. The facts thus githered, and their implica tions, are regularly made available to our clients through weekly pegs and monthly bulletins on
| | 3 You o invited b write for our current Stock Survey Jl THOMSON & MSKINNON I BROKERS IN SECURITIES AND COMMODITIES 5 Basc Market Street
* Offices in 39 cities in the United States and Canada
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