The Akron Beacon Journal from Akron, Ohio • Page 18

of AKRON BEACON JOURNAL WEDNESDAY JUNE 25, 1341 TRADE WINDS I.C.C. Truck Control To Ease Rail Traffic By LOU SCHNEIDER Beacon Journal Financial Writer NEW YORK, June Interstate Commerce commission has convinced President Roosevelt that a shortage of rail freight cars or a railroad traffic tieup is likely this autumn and winter because of pending heavy defense shipments and that immediate regulation of the trucking industry is necessary. Present plans, soon to be made public, call for the setting up of operator-committees under the chairmanship of the 16 I.C.C. regional directors. Cooperative work will be arranged so that no truck making 8 of 50 or more miles will return empty to its home base.

it submit to congress for legislation on interstate truck TEAR, I.C.C. has a lengthy truck industry report prepared which merce. Purpose is to overcome restrictions at various state lines. The report will show that factories in one state could rush parts via trucks to plants in another state if restrictions at borders were eliminated. LAW--The bureau of budget asked the Interstate Commerce mission TREE seek quarters outside of Washington since space is necescom- sary for work of detense.

But that I.C.C. can't do a thing about it. The law under which it operates says its headquarters must be a located in Washington, Only an act of congress can aid in this matter. PROSPECTS -Rail circles and expand at the present rate, 42,000,000 cars. This will compare nearly 53,000,000 for the record Railroad's long -range earnings by the threats of wage increases.

it would boost the annual pay roll 1,150,000 employes. Class I carriers last year. WARNING -Joseph B. Eastman, merce commission, warns railroad its present wage demands the result AVOIDED--Investors purchasing Ing railroad issues. Carriers are ing operating costs and taxes.

traffic comes to an end, rails will for isolated cases. estimate that if freight loadings hold the 1941 total will reach as high as with a 1940 total of 36,354,000 and of 1929. year, prospects however are dampened If given in full as asked by labor, about $600,000,000 for the some earned less than $200,000,000 chairman of the Interstate Comlabor that if it 1 is unreasonable in will be adverse public sentiment. for long pull income are avoidcurrently faced with steadily mountFears are that when defense revenue be far from self-supporting except AIR FREIGHT- -The air transport industry is looking ahead after the close of World War II. The leading air lines have formed Air Cargo, to make a study of the most efficient means to transport freight.

Shipments of late have been showing a rising tendency. It is likely, says the head of important air transport line, that after the war huge bombers will be converted into freight carriers and that special scheduled trips will be made daily in all sections of the world. PENNSYLVANIA R.R.-Friends of the Pennsylvania Railroad management say that at present wage and tax scales the 1941 net operating profit should top the $100,000,000 mark. After all charges there should be cleared slightly more than $60,000,000 which would leave a net of about $4.75 a share for the year. Reports that Pennsylvania Railroad will distribute over $3 A share in dividends this year are scouted.

Only a little better than $2 will be paid out. This because the road is faced with the following bond maturities: $20,377,000 this year; $47,000,000 in 1942, and 000,000 in 1943. LARGE FIELD Here's why conservative investment managers, anxious to participate in the defense program, like the General American Transportation shares: In addition to being an "old-line" securities favorite, the company leads the country in furnishing to and servicing for railroads and shippers 56,000 tank, refrigerator and other freight cars of types not usually supplied by railroads; is the leader of building tank cars and an important builder of freight cars. Moreover, company operates the largest private tank storage and terminal facilities in the world with 5,500,000 barrels capacity at Cateret, N. New Orleans, and Corpus Christi and Houston, Tex.

Not only does it manufacture passenger motor busses but also produces all types of heavy welded steel equipment such as tanks, towers, pressure vessels, pipe, but is also a holding company. INVESTMENTS -General American Transportation owns a 22.2 per cent interest in Steel Car which is actively engaged in armament production as well as working full time on freight cars and equipment. And, it owns a 6 per cent interest in Aviation which itself owns important interests in New York Shipbuilding, Vultee Aircraft, Pan-American Airways, Republic Aircraft and others. RAIL FACTS--Claims paid now in transit average 25 per cent of serve about 25,000,000 meals railroad center, serves 20 class terminal companies. weight motive is 144 tons.

stretch is 79 miles on the Seaboard Line N. C. because of loss damage to freight those 20 years ago cars world's greatest I carriers and 14 switching and of an average steam freight locoof straight track in the between Wilmington and country. Gains In Aircrafts, Steels Counter Downward Trend By VICTOR Associated Press NEW YORK, June 25 -Small steels countered a general, but stock market today. Transactions were at a slow pace toward the second hour and few variations ran to more than minor fractions.

Await Definite News Operators were awaiting definite news of the of the RussoGerman which, thus far, fortunes. was clouded by European censorship. On the outcome of the battle for the Ukraine, it generally WAS thought, depended the length of the breathing spell in the battle for Britain- -and, consequently, some influence on the amount of American arms reinforcements for the British. Chief among advancing shares were Boeing, Douglas, United Aircraft, Glenn Martin, U. S.

Steel, Bethlehem, U. S. Rubber, Manville, Du Pont, Paramount and Warner Brothers. Inclined lower were General Motors, American Telephone, Anaconda, Kennecott, American Smelting, International Nickel, Santa Fe and Pennsylvania Railroad. Bonds improved slightly.

Commodities were mixed. Outstanding business news given consideration in boardrooms included: A decline in the Associated Press index of electric power production last week to 143.8 from 145.2. An upturn of 7 to 8 per cent in furniture prices and a request by the OPACS that furniture makers hold down their charges. Gasoline Stocks Down A decline last week of 562,000 barrels in gasoline stocks despite an increase of 2.2 points to 89.8 per cent of capacity in refinery operations. Continuance for the third successive week of anthracite production at 1,200,000 tons--a five-day week.

MA trade estimate that freight carloading jumped 23,000 last week to 886,000, the highest week since November, 1930, and a record peak for this season. COTTON MARKET NEW YORK, June 25. (AP) -Cotton futures opened 3 to 6 points lower. Opening: July 14.48; October 14.71: December 14.78-14.80; January 14.84; March 14.88-14.89; May 14.87-14.88. OLD FIRST-CENTRAL TRUST CO.

CLAIMS Bought Sold Quoted The MAYFIELD -ADAMS CO. FR-5124 718-798 SECOND NATIONAL BLDG. How Much Will U.S. Sacrifice? Business Men Say Answer Is Key To Speed In Defense By PAUL GESNER AND JOHN BECKLEY Beacon Journal Financial Writers NEW YORK, June 25. The question of how far the United States will go in national defense can be answered with a question: "How much are we willing to sacrifice for defense?" The sacrifices foreseen do not include the German decision to give up butter for guns; instead, the problem is: "With money raining on the American people after a decade of drought, will they forego the desired automobiles, houses, refrigerators and the like These are the question-answers arrived at by A.

A. Patton, analyst of James B. Colgate after talking with executives of 35 companies covering a nearly complete range of major industries. "INDUSTRY," says Patton, "has never faced such an insistent consumer demand with less confidence of being able to meet its requirements. The reason, of course, is that all industry is convulsed by the readjustment from a peacetime to a wartime economy.

"There is little question in the minds of most executives that the domestic rearmament program will sustain business for two years or more. A majority also concedes that many durable and consumer lines must be curtailed if the tremendous arms program now on the docket is to be pushed through. "The great question, however, is whether the American people are willing and ready to make the necessary sacrifices. "The recent spectacle of labor and the farmer demanding. and getting a larger 'take' has tended to increase the doubt as to what course to take." ONE OF THE GREAT problems now developing, a number of Wall Street analysts agree, is that of speeding the defense effort without causing great dislocation of normal industry and consequent unemployment.

How much is the government going to be able to spend? Some men close to OPM say they think it will run from $24,000,000,000 to $26,000,000,000 in the government's fiscal year starting July 1. Assuming that national income rises to record-breaking levels of around $100,000,000,000, it is apparent that a big slice of the nation's total productive effort will be going into defense, instead of homes, furnishing, clothing and the gadgets of every-day life. It has been estimated that European warring nations have been to pour from a quarter to half their production into their war effort. Can the United States make the necessary consumer sacrifices to divert any huge slice he of its output into a peacetime defensive effort? Many analysts insist it will take a much more intense public realization of the urgency of the problem that currently exists. BUSINESS EXECUTIVES say that more and more the men of OPM are talking tougher turkey, are telling concerns which will have to get along without material needed for guns and ships to get busy and find a way.

One tells this story as indicative of the frame of mind. He. complained to An OPM lieutenantman who had been virtually a lifelong Wall Streeter before going to Washington -that if he turned out materials as fast as the government wanted them, he would be unable to find space to store them. The old Wall Streeter, now in OPM, replied: "Hell- go and get the stock exchange. They have plenty of floor space.

They could do their business the atreet." SOME BUSINESS BIG SHOTS say the problem is reaching the point where more and more attention must be given to coordination and over-all planning, that it is all right to tell manufacturers to find a way, but finding a way means make the fullest of general industry to cooperation. materials and facilities, and to keep the wheels turning. Throughout the nation, there are hundreds of enterprises making luxury and non-essential products which, if denied materials, will close down. Their forces will be unemployed, may go on relief and add to the already staggering government expenditures. Over a period of time, many such workers may be absorbed in defense work.

But it is the problem of making such reallocations which requires careful planning, intensive cooperative effort, if difficulties in the adjustment period are to be avoided. A RARELY MENTIONED pect of the shipbuilding program, one of vital importance to the national program of gasoline distribution, goes right back to the horse and buggy days. It is the present boom in the building of river barges, the snubnosed, ugly monsters which are the merchantmen of shallow waters. Right now there are 32 of these oil barges total gross tonnage of 16,020 under construction. As soon as they are completed Gets Knudsen Trophy Cadet Officer John Berteling, top man of his class at Grosse Ile naval reserve training base in Michigan, is congratulated by Lieut.

Comdr. R. C. Young. OPM Director William Knudsen waits to present Knudsen trophy.

At left is Rear Admiral John Downs. Deaths: Akron Area, Elsewhere neral home, Cuyahoga Falls, and burial will be in Oakwood tery. Friends may call at centie funeral home. FRANK STOVER Frank Lee Stover, 2-year-old son of Mr. and Mrs.

Clarence Stover, 375 W. South died Tuesday at Children's hospital. Friends may call at the Viall-Kesler funeral home where services will be held at 2 p. m. Thursday.

Burial will be in Memorial park. MRS. BERTHA LARSON Mra. Bertha Larson, 58. wife of Nels Larson, died Tuesday at her home, 1072 Schumacher st.

Besides her husband, she leaves five sons, Larry of Chicago, Carl, Robert, Ralph and Gordon, five daughters, Mrs. D. E. Davis, Mrs. Arthur Adams, Mrs.

John Binford, Eva and Ruth Larson. A native of Sweden, she had lived here 38 years. Funeral services will be held at 1 p. m. Friday at Billow's chapel with Rev.

Carl Bostrom officiating. Burial will be in Greenlawn Memorial park. Friends may call at the chapel Thursday. EDWARD M'GREEVY CLEVELAND Edward McGreevy, 47-year-old political figure, known as "the night mayor" during the last administration of Harry L. Davis, died unexpectedly today at his home.

McGreevy slumped to the floor after finishing breakfast and a fire department rescue squad failed to revive him. JERRY HICKEY Jerry Hickey, 60, resident of Akron for 40 years, died this morning at his home, 1074 Raymond st. He was known to many Akronites years ago when he delivered ice in the horse-and-wagon days. He leaves his widow, Kathryn; a daughter, Mrs. Karl Gordon of Akron; brothers, of Akron, Patrick, Thomas, William and Joseph of Circleville, and two sisters, Mrs.

Mary Johns of St. Louis and Mrs. Marjorie Van Camp of Sydney, Australia. He was a member of the Eagles lodge. Funeral services will be held at 2 p.

m. Saturday at Prentice Co. funeral home, 856 Coburn where friends may call after noon Thursday. Burial will be in Mt. Peace cemetery.

MRS. TERESA DE LEONE RAVENNA Requiem funeral mass for Mrs. Teresa DeLeone, 73, who died at her home at 210 S. Meridian st. Tuesday, will be sung by Rev.

Leo Schlindwein at 9 a. m. Friday at the Immaculate Conception church. Burial will be in St. Mary's cemetery.

CORLISS CLOSE MILLERSBURG -Corliss Close, 48, a native of Millersburg and a barber here for many years, died in Elyria Tuesday following a heart attack. He was A former commander of Holmes post, No. 196, American Legion. He leaves a son, Robert, Millersburg: his mother. Mrs.

Emma Close, Akron; two brothers, Raymond, Akron, and Don, Cleveland, and a sister, Mrs. Robert Weiner, Akron. Funeral services will be held at p. m. Friday at the Elliott funeral home.

Burial will be in Millersburg cemetery with the American Legion post in charge of services. EDWARD J. TINNEY YOUNGSTOWN Edward J. Tinney, 61, international representative of the Stage Hands and Motion Picture Operators union, died today of a heart attack. He was known to theater men throughout the country and had helped settle several strikes.

ROBERT D. WHIPP COLUMBUS- Robert D. Whipp, former newspaperman and director of college's publicity, is dead at 31. He formerly worked on the Beacon Journal and WAS editor of the Westerville Public Opinion until illness forced him from the post nine months ago. A penny supper will be served at Forest Hill Community church.

Damon from 5 to 7 p. m. today. Right Here in Akron Finance Equipment, Tools, Machinery! The DIME SAVINGS BANK S. Main at E.

Bowery Events Of Today, TomorrouNews In Brief, Vital Statistics Wednesday 5-Penny supper, Forest Hill Community church. 6-Firestone Park community picnic, Heintz park. 6-Neighborhood Boys committee, Y.M.C.A. 6 -Ohio Real association banquet, Mayflower Batate, 6- -Citizenship class, Jewish Center. Robinson Clay Product Co.

dinner, Portage Country club. orchestra concert, Goodyear Heights Reservoir park. club, Y.M.C.A. 7:30 Swedish women, Y.W.C.A. swim and dance, Jewish Center.

7:30 -Local 484. Workers Alliance, 10 E. Market st. Hanks, council, D. of Ellet Junior hall.

8-Night auxiliary, Akron court, Order of the Amaranth, 302 W. Long st. 8 Greenfield reception, Carl Kuhn home, 109 Good st. Fencing club, Y.M.C.A. 8-Second Ward Democratic club, courthouse.

8- Cooperative Women's guild sewing, 1613 E. Midway st. 8--Ladies' auxiliary No. 555, F.O.E., Eagles temple. 8- -Camp Wilford auxiliary, armory.

Thursday orchestra, Y.M. 12-Kiwanis club, Mayflower hotel. 12-American Legion Luncheon club, 53 E. Mill st. 12-Real estate board, Y.M.C.A.

1-Americanization class, Jewish Center. of Malta, Loyalty and Coventry sisterhoods, 101 N. High st. Ward Republican Women's Veterans' auxiliary picnic, Chestnut Ridge park. 6-Citizenship class, Jewish Center.

Toastmasters' dinner, Y.M.C.A. 6 Camp committee dinner, Y.M.C.A. 7--National A.C., Y.M.C.A. WPA orchestra, Waters Park. correction class, Y.M.C.A.

of district No. 14, D. of 2218 20th st. 1 767. Knights of Pythias, 1002 Kenmore blvd.

8 Art class. Jewish Center. 8-Summit County Federation of Republican clubs, Mayflower hotel. Marriage Licenses Verl R. Rice, 37.

of S. Main truck driver, and Mildred Jones, 39, of 106 E. Tallmadge drug clerk. Arthur Willis Pitts, 24, of 1155 Laird mechanic, and Marie Aileene Evans, 23, of 217 Mission dr. John C.

Kehrer, 22, of Coburn IBM operator, and Marianne Phillips, 21, of 189 N. Adolph bookkeeper. Michael M. Marcinko, 22, of 667 Seiberling rubber worker, and Eileen M. Henry, 19, of R.

D. 4, office worker. Robert Thomas, 21, of 858 Glenn Goodyear employe, and Edith Schwab, 20, of 127 N. Adolph av. Ray E.

Barnes, 20, of 2209 Munroe Falls Cuyahoga Falls, Firestone employe, and Virginia E. Spiker, 19, of 169 Cutler Parkway. Nathaniel Woodall, 44, of Cleveland. 0., Ravenna Arsenal employe, Christine Harris, 45. of 1168 Duane housework.

Stanley H. McCray, 39, of 35 Dresden rubber worker, and Gladys M. Raub, 29. of 111 Elwood Barberton, rubber worker. John Leib, 33, of Cleveland, papercutter, and Freda Davison, 39, of 57 N.

Adams st. Herman Zuelsdorf, 20. of 1869 Springfield truck driver, and Loraine Manthey, 18, of 342 Gibbs rd. Frank Thomas Hicks, 21, of St. Petersburg.

Sears Roebuck Co. employe, and Betty Shelton, 20, of 468 E. Buchtel av. Divorces Filed Elora Thornton, 294 Barder V5. Eugene Thornton, 293 Barder neglect.

Reeta Evans, 81 Oak vs. Jasper N. Evans. 209 W. State neglect.

Fred L. Ford, 1429 Bailey Cuyahosa Falls. vs. Stella A. Ford, 1442 Hite neglect.

Grace Weatherell, 300 E. a Exchange V6. Paul Weatherell, Cleveland, 0., wilful absence. Mary Hamas, 1164 Ackley VA. John Mamas, 1083 E.

Market neglect. Thelma Wilhelm. 797 lard L. Wilhelm, Canton, cruelty Marcy st, Julia Paul. 1438 Marcy vs.

R. D. 1. Canal Fulton, neglect. John Pug Fannie Rossi.

873 Hammel st. Greno Rossi, 552 N. Main st. Estates Filed William J. Bittman.

George L. Smith. Will Filed James G. Scales. CHARLES FLEMING DIES IN NEBRASKA Charles Fleming, 75, of 49 Hurlburt former master mechanic of the Miller division of the B.

F. Goodrich died Tuesday evening at Ponca, where he had gone with his wife to visit Mrs. Fleming's sister. The fatal attack came just after CHARLES FLEMING heart attack fatal Mr. Fleming had arrived in his automobilemin the a son, western went city.

by plane to Ponca after learning of his father's death and was accompanying the body back to Akron today. Mr. Fleming was born in Millersburg and had been a resident of Akron 46 years. He had been retired for the last six years. Besides his widow, Mary Netta, one son, he leaves two daughters, Mrs.

H. C. Spindler, Cleveland, and Mrs. R. A.

Mertz, Willoughby, and three grandsons and two granddaughters. Mr. Fleming was a member of the Odd and the West Congregational church. Funeral arrangements were to be completed after the body is brought back to Akron sometime Thursday. TOLEDO GRAIN TOLEDO, June 25.

(AP)-Grain on track, 26 cent rate New York nominal. Wheat-No. 2 red. to Corn 2 yellow. 75c to Oats--No.

2 white, to Soybeans -No. 2 yellow, $1.25 to $1.36. Hay---Unchanged. TOLEDO LIVESTOCK TOLEDO, June 25. (AP) -Livestock steady: receipts, hogs 150.

Cattle 150. Calves, sheep and lambs light, Traffic Court reckless Dillard Powell, 31, of 485 Winans driving; dismissed for want prosecution. Harold Anderson, 23, of 693 reckless driving: dismissed Kenmone of prosecution. for want Gerland Epling. 18.

of 706 Puller reckless driving: paid court costs st. James Babcock, 21, of 268 $11.08 of reckless driving: $5 fine and court Spicer of $13.35. costa Ralph J. Mask, 27, of Canton, paid $6.80. speeding: Lee Porter, 22, of 599 Canton ing: $10 and costs.

speed. Herbert Mayo, 20, of Canton, driving; $10 and costs. Freckles Paul Maione, 27. of 22 Willard speeding: $5. and costs.

Ted Brown, 20, of 202 W. Miller speeding; $5 and costs. Russell McGiffen, 43, of 1382 crashing red light; $2 and Curtis it costs. George T. Haramis, 19, of 801 speeding; costs.

Store Joseph Young, 36, of 52 Hurlburt double parking: costs. Matt A. Leidel, 39, of 1045 Oak incessant blowing of horn when not essary: costs suspended. Snow Williams, 26, of 727 Euclid reckless driving; $5 and costs. Edward Ahern, 42, of 157 double parking; paid $1.

Herman Dandrea, 33, of 709 speeding; $5 and Bowery costs. Ernest Tyrity, 30, of 556 Van crashing red light; paid costs. Bures John Rubel, 25, of 645 N. Main speeding: $5 and costs. Steve Skafee, 51, of Peninsula, boulevard stop; paid $2.

George Gingo, 20. of 120 Charles reckless driving; costs. 41, Robert boulevard Kilgore, 21, of 496 Dorchester stop; costs suspended. Al Moon, 20, of Medina crashing red light; $5 and costs. Charles Allshouse, '51, 'of 1136 Brittan insufficient brakes: driver's licena ordered impounded until brakes are paired.

Russell Harris. 41, of Hilda ing; $5 and costs. The Third Ward Men's and Democratic club, will Women's meet in the jury room the courthouse at 8 p. m. Thursday to elect officers.

MRS. MARY JAMIESON lived here 68 years Mrs. Mary Jamieson, 83, resident of Akron for 68 years, died Tuesday at the home of her daughter, Mrs. Charles Crisp, 170 Hillier av. Mrs.

Jamieson was the widow of James Jamieson and a sister of the late Mrs. Samuel Besaw. She was born in England and came to Akron in 1873. She was a member of the Fifty Year club. She leaves A son, Samuel of Cuyahoga Falls, and four daughters, Mrs.

Charles Crisp and Mrs. F. W. Schaar of Akron, Mrs. William Combs of Grand Rapids, and Mrs.

C. P. De Boer of Columbus, 10 grandchildren and nine -grandchildren. Funeral services will be held at 3 p. m.

Friday at Billow's chapel and burial will be in East Akron cemetery. Friends may call at the residence after 7 tonight. KARL W. KINZEL Karl W. Kinzel, 49, of 1129 Laird died Tuesday' at Peoples hospital.

He leaves his widow, Lila; four daughters, Reva, Joanne, Mrs. Corine Baptiste and Mrs. Pauline Knotts of Akron; a son, John of Cuyahoga Falls; two brothers, Edwin of Akron and Joseph of Marietta; his father, John Kinzel of Marietta, and two sisters, Mrs. Anna Schlicher of Akron, and Mrs. Josephine Clay of Hempstead of New York.

Funeral services will be held at 2:30 p. m. Friday at the Long funeral home where friends may call and burial will be in Lakewood cemetery. MRS. DANICA PLANCHAK Last rites for Mrs.

Danica Planchak, 69, of 260 Lloyd were to be held this afternoon at the Kucko funeral home and burial was to follow in Lakewood cemetery. She died Monday at Peoples hospital. She leaves her husband, and a daughter, Mrs. Anna son, James Alexander of Antron, Alanskas of Detroit. JACOB R.

LONGBOTTOM Jacob B. Longbottom, 73, died this morning at his home, 1400 Manchester rd. He been on the custodian staff at Rimer school and was a member of Akron Baptist temple. He leaves two sons, George and Earl, a daughter, Mrs. Emily Reyner; three brothers, Thomas, Edward and John, and three sisters, Mrs.

Eva Somerville, Mrs. Robert Young and Mrs. William Senior. Funeral arrangements are being made at Campfield-Hickman funeral home. HARVEY WHITE Harvey White, 408 Allyn custodian of the Oakwood in Cuyahoga Falls for 20 cemetery years, died Tuesday.

He leaves a daughter, Mrs. Lila Smith of Kent; a brother, Irving of Cuyahoga Falls, and two sisters, Mrs. Edna Hardy of Melrose, and Mrs. Emma Elzbeck of Cleveland. Funeral services will be held at 2 p.

m. Thursday at the Weller fu- most of them will be rushed into service to carry petroleum from the southwest to the east, taking the place of a few of the 50 oceangoing tankers turned over to ish use. MORTGAGE MONEY SERVICE FHA Loans and low cost Mortgage Loans to meet your needs for buying, building, refinancing, or modernizing. IA G. A CHANGE AT MAIN AKRON.

OHIO JE 5111 The Church of God, 1321 Latfer will have a special musical program Thursday at 8 p.m. Mrs. Charles R. Lewis will direct, a chorus of 40 singers. The June meeting of the Second Ward Democratic club will be held at the courthouse jury room at p.

m. today. Democratic candidates have been invited. Judge Arthur W. Doyle, member of the executive committee of the Akron area defense council.

will be the principal speaker at 8 p. m. Friday at the meeting of the Summit county unit of the War Veterans' Republican club, 376 8. Main st. Plans for the municipal primary campaign and a perma nent meeting place will be discussed.

CHICAGO LIVESTOCK CHICAGO, June 25. (INS) -Hogs. 15.000, 10 cents higher. Holdovers 1.000. Top 10.75; bulk 10.40-10.70; heavies 10.25-10 65: mediums 10.40-10.75: lights 10.25-10.15: light lights 10.00-10.50; packing sows 9.50- 10.25: pigs 9.00-10.00.

Cattle, 10,000, steady. Calves. 800. Beef steers, choice 11.00-12.75: medium 8.00-11.00: yearlings 8.25-13.00; butchers, heifers 7.50-11.50; COWS 7.50-9.00; bulls 7.50-10.00; calves 7.00-11.50: feeder steers 8.00-12.00; stockers, steers 8.00-12.25; com and heifers 7.00-10.00. Sheep, 8,000, steady.

Lambs 12.25-12 common 10.00-12.25; yearlings 9.00-10.28 feeders 9.00-10.00; ewes 3.50-4.75. CHICAGO PRODUCE EUBANK Financial Writer gains among the aircrafts and limited, downward trend in the AKRON STOCKS By MERRILL LYNCH, E. A. PIERCE CASSATT First -Central Tower, Akron, 0, EARLY QUOTATIONS Close Bid Ask Firestone com 14 do pid General Tire 11 do pid 104 107 Goodrich com 13 do pfd 60 do Goodyear com do pid Mohawk Rubber Seiberling com do pid 5 pc 40 43 First Cent Tr Co 11 Ohio Ed 6 pc pid do 7 pc pid Quaker Oats com 70 74 do pid 149 148 149 Renner Brew Co 12 15 Wellman Engineering PITTSBURGH LIVESTOCK PITTSBURGH. June 25.

(AP) sylvania Department of Agriculture) Salable hogs, 300; steady; 160 to 180 pounds 10.75-11.00; 180 to 220 pounds 11.00-11.10; 220 to 250 pounds 10.85-11.10: 250 to 290 pounds 10.50-10.85: 100 to 150 pounds 9.25-10.50: roughs 8.25-9.25; rail hogs sold at 11.20. Salable cattle, 50; steady: steers, good to choice 11.00-11.50, medium to good 9.50-10.50. common to medius 7.50-9.25; heifers. good to choice 9.25-10.00, medium to good 8.00-9.00, common to medium 6.25 7.50: cows, medium to good 6.75-7.75, good to choice 7.75-8.50, canners and cutters 8.25-9.25, common to medium 6.25-7.75. Salable calves, 125; steady; good to choice 11.50-12.0, medium 9.50-10.50, culls and common 6.00-8.00.

Salable sheep, 900; slow and market not established; choice lambs 12.50-13.00, medium to good 11.25-12.25; common lambs 8.50-10.50: clipped ewes 3.00-3.50; clipped wethers 4.00-4.50. CLEVELAND LIVESTOCK CLEVELAND, June 25. (AP) 400, steady. Steers, 1,200 lbs. 10.50-11.50; 750- 1,100 lbs.

10.50-11.50: lbs. 9.00- heifers 10.00-11.00; cows 7.00-8.00; bulls 8.00-9.00. Calves, 400, steady. Good 11.00-12.00. Sheep and lambs, 200, steady.

Good 12.00-13.00: wethers 5.00-5.50; ewes 3.50- 1.50 Hogs, 1,000, steady, Heavy 10.45-10.85: good butchers and yorkers 10.90; roughs 8.75-9.25. NEW YORK BANK STOCKS FIRE INSURANCE STOCKS Bought, Sold and Quoted Eaton Inc. INVESTMENT SECURITIES HUGH M. EATON, Jr. President BEN J.

ANSLEY, Associate 306 Ohio Bldg. HE-4131 CHICAGO. June 25. (INS -Butter024 tubs: steady. Extras, 92 score, standards.

90 score cars. EXC firsts, 91 score. firsts. 88-89 score to 35c; specials, 93 score, 10 cases; steady. Current ceipts, fresh extra firsts, fresh firsts, 27c to dirties, checks, Cheese---Twins, 20c to daisies, prints and longhorns, to 21c.

Live Poultry--Steady, strong. Turkeys, 11c to 17c: hens, 16c to Leghorn hens, 10c to 17c; springers, 18c 10 22e: broilers. 18c to roosters, 10 14c; ducks, Pc to geese, Tc to 10c. Cassatt LYNCH, E. and Commodities Securities A.

PIERCE, Underwriters Brokers and Distributors TOWER 25, 1941 MERRILL of FIRST (Greund Fleer) OHIO June KRON, the for than Plan much more a To Investors Defense Program Program armaments. It objective. Your National Defense dollars program to time The effort coordinated the spending coordinated goals. planned, personal defense select programs. securities Investors, desired plan their investors to of each or Three months special needs, we programs.

them information to aid $100,000, In Portfolios ranging individual detailed information each security designed for securities, concise we is analysis summary of the the 1 Portfolio. Below interest in individual ing date in an included with approximate plan industries. industries. plans high participation executives. defined, PLAN -Diversified purposes.

stable for PLAN -range securities diffusion income return selected liberal, risk. PLAN income return program stocks PLAN -An capital growth. bonds, preferred PLAN -A balanced program executives capital. PLAN -A compact trustees, for featuring bought securities PLAN "If as to I ask yourself: hold?" you We suggest buy you those I own holdings, we Portfolios, personal today, comparison with all your the investment problems. or or if your you own particular of yours, discussion Sincerely 1.4.

A. Reed Manager 1940 dividends on.