Lansing State Journal from Lansing, Michigan • Page 45

News of the Business World Finance Markets FIFTH SECTION THE STATE LANSING, MICHIGAN, SUNDAY, MARCH 12, 1950 NATION'S SPARKPLUG Stock Markets (UOWNON-r'APA LABOR GREW) Grains Up From Early PAY, NIGHT PROGRAMS New Frequency Marks Fourth Year for WILS 1929 NEW YORK STOCKS (Clasinr Prices By AP Am Nat Gas 31i Marshall Field 26 Air Reduct 22 Miami Copper 15 Motor Industry Made Cool Billion in 1949 Stocks Tilt Higher Late In Session Mirl-Cont 40 ei Pet Montan Ward 53 Vk WW Al 208 Va Am Can lllVa Am 27H Am Loco mot 141 Am 14 Vi Am 51i Am TelScTel 151H Am Tob 734 Am Wat Wks 9H Anaconda 28 Price Slide Motor Prod 29 Motor Wh no sales Mueller Brass 14 Murray Corp 16 Nash Kelvin 16S Nat Biscuit 38 Nat Dairy Pr 41V, Nat Pow Lt Va NY Cent RR 13 No Am Aviat MdiMiffi A Jt A Jt A Jt Jt 'A switchover to a new day-and-; Pomeroy explained that, although there are three towers, only one will Arm 111 Reuther of the C. I. O. United Auto By NORMAN NICHOLSON (United Press Staff Correspondent) Workers studies the reports with am 22 North Pacific AU. Refining 40 nhi.

nn ,7. Old Crop Wheat Deliveries 19; Bald Loco Ct 114 Param Pict Bait A- Ohio 10'i Demand Expands with ti ftfll WW: more than casual interest. The auto industry knows the U. A. W.

will point to its record DETROIT, March 11 (UP) The automobile industry, sparkplug of the night frequency at 1320 kilocycles marked the beginning ol the fourth year of broadcasting for radio station WILS last Sunday afternoon, according to W. A. Pomeroy, general manager of the station. The switch took olace at 1 :55 p. Parke Davis 374 Penney C) 59 Penn 18 Phelps Dodge 45 Phillios Pet 64 i EACH E0UALS I MILUON; i I yyyyyyyyy Cains of Fractions to Point Doting Tape Bendix Aviat 41 Beth Steel 7 33H Borden Co 50'4 Borg Warner 58 Briggs Mfa- 31 i be used during daylight hours.

After dark. WILS becomes directional, and employs all three towers. Operating time, under the new setup, would be from 6 a. m. to 1 a Monday through Saturday, and from 7 m.

to 12 midnight Sunday. WILS had its beginning In Feb Lead Rise, March Moving to New Peak By WILLIAM FERRIS Proct Gam 87 An A Nowtfoulws Pedograph Budd Wheel 13i Pullma earnings as justification for its pen sion and other demands. Purchase of Pork when station officials and WILS list 3 29 Can Ale 11V pure OU Canad Pacific 14 Radio of A 14 Celanese Cor 33 Radio Keith Or 8 Chrysler Cor 85 Reming Rand 14 CHICAGO, March 11 Grains nation economy in 1949, made at least a billion dollars in profit during the year. Smashing sales and production records like clay pigeons, motor vehicle makers with few exceptions climbed to new heights of prosperity. Reports Revealed Only two of the major auto producers, Chrysler and Studebaker, WHAT STOCKS DID (By AT) gat.

Advances ....366 Declines 17S Incbanrcd 2S T.tal Uiaes ,..77 New 195a hlchs IS New 1954 laws 15 ruary, 1947, when the Lansing Broad Chi NW 14 BUSINESS OUTLOOK bounded back from an early selloff Reo Motors 10 Repus Steel 25 Frl. sm 630 245 1,1171 21 1 on the board of trade today, By U. S. Forecast eners witnessed a signoff on tne old dial address, 1430. and a sign-on at 1320.

This procedure is unusual, because such a switchover rarely takes place in the middle of a station's regular program schedule, station engineers said. John C. Pomeroy, chief engineer, supervised the switch in frequencies at the transmitter just south Old crop wheat deliveries led the STOCK AVEBAGES (CampUed by the Associated Press) advance, March moving to a new peak and May coming close to its nave revealed their annual financial reports. But indications are 'strong Move Within Few Weeks mi Ind 15 15 Ut 60 Stks Efficiency, Ever Hear of That? Beginning to Enter Post-War Market By J. A.

LIVINGSTON Net chance .2 .1 old high. The new crop months did Colum 12 Cons Edison 30 Cons Pow pf 109 Cont Can 37 Cont Motors 6 Corn Prods .68 Curtis Wright 8 Det Edison 23 Dow Chem 60 DuPont DeN 62 East Kodak 47 Eaton Mfg 29 El Auto Lite 42 Erie 11 Firest 57 Gen. Elec. 46 Gen Foods 49 Gen Motors 74 Seen' to Prop Hog Prices Satardar 41. 44.

that when all the statements are in, a billion-dollar earnings year will Reyn Tob 39 Sears Roebuck 44 Shell Un OU 37 Simmons Co 27 Socony Vac 16 South Pacific 51 Southern Ry 34 Sparks With 7 perry Corp 27 Stand Brands 23 Std $4 pf 59 Stand Oil Cal 62 Stand Oil Ind 44 Stand Oil 67 Studebak Cor 27 Swift Co 36 Texas Co 61 Tex Gulf Sul 72 Tidewat A Oil 23 PreTioas dsr 102.1 41. 44.8 Week are 103.4 42.8 44.6 of the city. not do nearly as well, but they recovered from moderate early losses have been written into tne record 73.4 73.3 74.2 73.4 63.8 74.3 71.8 72.2 books. A day-and-night schedule is another new step taken by WILS. Pre based on news of snow in parts of Month at 102.7 41.6 44.S Tear are 89.2 S8.8 40.8 19V hirh 103.8 42.8 44.8 1950 low 100.8 40.2 43.4 1949 hirh 101.8 40.2 43.8 A billion dollars.

Incidentally, If CHICAGO, March 11 VP) The government may have to buy pork within the next few weeks to -keep viously the station was limited to a and Nebraska. Efficiency is beginning to creep up on us on labor, on management, Casn houses bought old crop dawn-to-sundown scneauie. divided equally among the nearly 10,000 residents of Gooee Creek, Tex, on congress, and on Pres. Truman. You can see it In the unemployment 1949 low 81.4 29.6 88.2 S8.0 wheat, particularly March.

Dealers hog prices up, the production and CiUlette sal 38 New Towers New WILS equipment Includes reported 63 cars of red wheat were statistics. In February, 4,700,000 people were out of work. That tues 7.6 percent of the labor force, the highest proportion since January marketing administration of the loaded out of here yesterday. Local agriculture department said By WILLIAM D. HORGAN NEW YORK, March 11 W) De 1942.

And it's not because new jobs haven't been created. it mostly supplies 'of red wheat have acted three new towers, a transmitter, and a new engineering building located on Lowcroft stn at the foot of S. Washington ave. because postwar technological improvements are coming home to roost. casting company was formea oy w.

A. and John C. Pomeroy. Both men had recently returned from four years service in the armed forces, and John had also served as an engineer for the federal communications commission. Office and studio space was leased on the second floor of the Whit-meyer building on N.

Washington where the station Is still located. Has Expanded It how occupies the entire floorv and includes three studios, a transcription library, a future audience participation auditorium, news room, ahd seven offices. Station officials said WILS will also continue its affiliation witti the Mutual broadcasting system. Of the 24 staff members, 13 were graduated from or attended Michigan State college. W.

A. Pomeroy, president and general manager of the station, was graduated from Michigan State college and served four years in the armed forces. Treasurer and chief engineer of the station is John C. Pomeroy. He attended M.

S. served four years as a drag on prices for the near-by futures. It was felt some of the Average cost of barrows and gilts You can understand what has happened. Ever since the end of the war, manufacturers, wholesalers, and retailers have been installing new mand for stocks gradually expanded today and lifted the market out of an early rut. at Chicago fell under the federal wheat now being moved out would would come to $100,000 for each citizen.

Chrysler made a record of last year and Studebaker cleared $27,563,985.97 after taxes. That's about $160,000,000 for a start, with General Motors, Hudson, Nash, Packard, Willys-Overland, Kaiser-Frazer and the truck makers still to come. Ford, privately-owned, does not release annual earnings figures. Work on the new towers began support level at the close of this week, the administration's market be exported. last November, shortly after the equipment.

Ditto the railroads, the public utilities, and the telephone company. Gradually, these improvements begin to pay off. Fewer men or less time is required to do the same job. March soybeans jumped sharply grant of permission for full-time is7 Timken A 15 l7 pf Transamerica 16 Holland Furn 27 Union Carb 43 Homestake 45 Union Pacific 8fi Hou-Hersh 12 United Aire 26 Hudson Motor 13 United Corp 4 Illinois Cent 36 United Fruit 58 Interlake Iron 14 Unit Gas Imp 27 Int Harvester 26 XI 'S Rubber 41 Int Nick Can 27 Steel 30 Int 11 Walworth Co 8 Jfennec Con 50 Warner Br Pic 13 Kresse (S 41 Un Tel 20 Kroger Groc 63 West Air Br 26 Lib Gl 64 West FlfcMfg 33 Ligg My 86 White Motor 15 Lockheed Air 27 Woolw IF ffl 48 Loew's Inc 16 Young SAW 29 Lone ifctar Ce 79 Younsst 80 Mack Trucks Zenith Radio 48 Magma Cop 15 Sales 520,000 information service said. on snort-covermg, going to a pre it added, "the com The industrial downturn during 1949 accelerated the trend toward mium of Several cents over the May bined average cost at seven markets for the week may have been under delivery.

Buying came mainly from Gains for favored issues ran from fractions to around a point with most below a point. Trading, which was distinctly on the sleepy side In opening dealings, gathered speed as quotations were marked up. Turnover for the two-hour session reached a rate of No Slum Areas efficiency. As companies had less work to do, they laid off least productive workers, union rules permitting. Then, when business picked up again and companies rehired, they took back the more efficient local traders.

Other cereals did not show much change. Corn was held the government guide as a result of the late downturn in prices. workers. oacK by increased purchases of cash grain on a to-arrive basis, totaling However, industry observers say it is fair to assume that the firm makes as much money as Chrysler. GM to Issue Statement GM's financial statement will not CLUE CONSEQUENCES SHi.uuu Dusneis.

"With fall pigs already starting to market and threatening prices, the department of agriculture may find it necessary to buy pork within the next few weeks in order to keep In This Town, Population: 6 DELLVTEW. N. C. (JP) Dellvlew Is around 500,000 shares. Brokers saw no particular reason for the stepped up buying interest Wheat closed to 1 cents high Here's a clue to what happened.

Employment in manufacturing and mining between January, 1949, and January, 1950, dropped 6.2 er, March $2.28 to $2.28, corn was cent lower to cent higher. NEW YORK CITBB fClosinr Prices By AP) AInsworth 11 Ford Can A 23 Alum Co Am 57 Imp Oil Ltd 18 Ark Nat Gas 11 Mid vale 14 Cities Service 70 Niag Hud 17 East 2 St Oil Kv 37 El 20 Unit 40 March $120M, oats were cent percent. But production during the same period declined only 4.2 percent. Thus manufacturing and mining companies were able to reduce their work forces faster than their output, as the following table shows: in the armed forces, and three years lower to cent higher. March as free from municipal problems as any town youH find.

There's oodles as an engineer for the federal com 75 cents, rye was Vt to 1 cent munications commission. prices up. The point at which the government must buy pork is based on a mathematical formula. Its essence is a "guide" price for seven mid-western markets. When the average price of barrows and gilts at higher, May $1.32 to $1.32.

soy of parking space. There are no slums. The budget Is balanced. Alex Dillingham, program director. Drop 62 42 Jan.

1949 15,773,000 191 Jan. 1950 14,803.000 183 Detroit Stocks oeans were to 3 cents higher. be made public until next week, but Alfred P. Sloan, board chairman, already has announced that the giant corporation made a profit in 1949. In disclosing that figure, largest ever earned by a single company in a 12-mcnth period, Sloan pointed ut that "return on capital employed rose only three percentage points if we compare 1949 with 1936." "And to accomplish this," he said, "we had to increase our sales in Employment Production was graduated from Michigan State Dellview has a population of six March $2.45 to $2.46, and lard was 11 Sales DETROIT.

March and Markets at a Glance By AP) NEW YORK BONDS Steady; selected rails rise. COTTON Mixed; week-end erenlnr B. CHICAGO WHEAT Old eroD stronr on late rally. CORN Little chance; cash corn offer- inrs Increased. OATS Steady; trade small.

HOGS Nominally steady. CATTLE Nominally steady. 1 closing prices: to 7 cents a hundred pounds college, where he spent lour years on the WKAR staff, and was pro nigner, Marcn $10.75. these markets sell below the guiae price, government support opera' tions may be called into play. Manufacturing and Mining.

Federal Reserve Board Index. Am Metal Rad (100) 16 Detroit Edison (400) 23 Frankenmuth 50d) 2 Friar's Ale (100) 38c Gar Wood (100) 4 Ger Mich Corp (100) 3 Range of Prices: Open High Low gram director for WBAU, American radio station in Biarritz, France. He has been with WILS since its incep Close There are two houses. Mr. and Mrs.

J. H. Dellinger and their daughter, Gladys, live one house. In the other live Mr. and Mrs.

A. T. Dellinger and their son, Robert. Mrs. J.

H. Dellinger is mayor, and her sister-in-law is treasurer. A. T. Del-lineer is chief of DOlice.

The guide price for all of March Another way to look at it is this. According to the Bureau of Census, WHEAT is $16.65 a "hundred pounds. In the tion. 50,730,000 persons were at work in February in non-agricultural occu March 2.26i week ended March 4 the average Kaiser-Frazer (100) 5 McLeer Mfg Com (100) 4 Nat Samps I400 3i 2.28 2.26 2.19 .2.17 1.96 1.95 but pointed out that the market has terms of 1949 dollars from for 1936 to $5,500,000,000 in 1949." 2.17 155 May July" price of barrows and gilts was only 2.28 2.19 156 1.96 159 Radio Corp (100) 14 been under pressure a good part of 21 cents above the guide, or $16.86 The town his year will celebrate Kud.v Mfg Co 70O 3 .155 1 0734 Sept. Dec.

1.96 159 The average price for this week will Automotive producers, who assembled 6,238,088 cars and trucks last pations, an increase of more than 500,000 over February, 1949. Yet unemployment was up 1,500,000. Of the Increase, only half Is attributable to newcomers to the labor force college and high school graduates seeking Jobs. The other half is attributable to higher output per worker. The boon of technology is bound to force politicians, labor leaders, and businessmen to take a new look at the world around them.

How Sheller (600) 22 Sunray Oil Corp (100) 12 not be announced until Monday. tne week. Most traders, at the same time, gave little indication that they were ready to abandon the attitude of caution which has dominated the CORN its 25th anniversary. The legislature in 1925 incorporated Dellview. The main reason for its incorporation was to Rive police powers to flHST OFJlCIHGAX Cor poratiobt Investment Securities 1714 Olds Towir Phone S0377 Mtmbar Dstro't Stock Exchange March 1.30 Livestock market for some time.

it 90, Veteran Decides To Go Into Own Business residents who wanted authority to CHICAGO CHICAGO. March 11 (AP Hoc prices 1.30 1.30 129 126 1.18 May 1.30 July 1-29 Sept. 1.26 can they deal with the problem? Will increased efficiency raise hell Radio-television issues did better were emoted today 'at a level which left deal with stray dogs which were molesting chickens. The Dellingers with full employment? EXTREME INSTANCE than average. Zenith rose more than a point, Philco about, a point, and fractional gains were tacked on Ad year for a new output mark, are responsible for employment of nine million persons in the country, directly and indirectly.

Provide Huge Revenue Federal and state revenue departments! aware that motor vehicles are the nation's top tax producers, count on various motor vehicle taxes to supply more than a sixth of federal revenue and a third of all state rev- the average cost of barrows and gilts under the government support price. The nominal price was $15.75 to $17 at the end of a week of declining Quotations. say that their town Is the smallest 1.95 1.97 1.30 1.29 1.29 125 1.17 75 71 63 62 64 1.32 1.34 1.36 incorporated municipality in tne The sUDDort orice thus month is CIRCS. John L. Lewis is only too well aware of what technology is doing U.

S. miral Emerson Radio, and Radio Corp. to his United Mine Workers' union. Production per miner per day has risen from four tons in 1920 to five tons in 1930 to 6.3 tons in 1948 and FOR SALE THEATER SEATS while the Chicago price was under that level, the agriculture department did not say by how much. The support price is a weekly average for seven markets and prices here could rlrrvn r1nw th The preferred issues of American Dec.

1.17 OATS March 65 May 71 July 63 Sept. 62 Dec. 64 RYE May 1.32' July 1.34 Sept. 1.36 1.30 1.30 1.29 126 1.18 75 71 63 63 64 1.32 1.34 1.36 1.40 2.44 2.38 perhaps to 6.5 tons last 75 71 '63 63 64 1.33 1.35 1.37 and Foreign Power climbed steeply in comparatively lively dealings. The support without the seven market aver Ba asMHanam aasaast Cash Grain CHICAGO.

March 11 VP) WHEAT No SaC0RN No. 3 yellow $1.30 to No. 4, to $1.294. OATS No. 1 mixed 80 to 80ttc; No.

1 heavy white 81 to 81Vc: No. 1 white age oeing under it. enue. But the tax collectors aren't the USED zna preierred gamed a point or so while 2-point advances, were Dosted Mam reason for the downturn, which ran between 35 and 7-5 writs on narrows During the recent coal negotiations, Lewis demanded a cut from eight to seven hours at the same rate of pay. He finally dropped the demand, but it's likely to come up again.

He got instead a higher wage. Presumably Lewis hopes to get wages up to where miners will make a living on three and a half to four days a week. For coal consumption only ones avidly reading the annual financial statements. Pres. Walter P.

ior tne $6 and $7 preierreds. and gilts, was a sharp increase in receipts late in the week when roads became clear for -shipping to market. This was accom Otners ahead included U. S. Steel.

803c: sample grade heavy white 7' to 79Ac. Dec. SOYBEANS panied by a weakening wholesale pork uetnxenem steel, Chrysler, Mont BARLEY Malting $1.25 to $1.55 nom market. is declining while production per man is still rising because of increas ing mechanization. inal; feed $1 to $1.15 nominal.

gomery Ward, Lockheed, Schenley, Steers and heifers ndi leteadv this DENVER (JP) Ex-navy man Ambrose Ramsey, who this year turned a spry 90, decided to take advantage of privileges extended former servicemen and go into business for himself. He showed up at the federal land office here to ask about a certain parcel of land near Alkali Bend, Colo. "Plan to build me a filling star tion over there," said Ramsey. Then he dug into a travel-weary suitcase and hauled out a document stating that the navy had issued an honorable discharge in 1877 to "Third Class Boy Ramsey." He also produced a tintype picture of himself as a youngster in uni-' form. But the land board had disappointing news the parcel he had an eye on is reserved by the reclamation bureau.

Ramsey said he'd try something else. May ..2.42 2.44 weeK alter snowing strength early. One load of choice 1.241 pound Iowa beeves Shorter work days or weeks could well become pivotal labor issue. In 1946, 1947,. and 1948 unions went after higher wages.

Last American Telephone (at its 1940-50 high), Commonwealth Edison, An 2.41 2.36 155 1.98 INQUIRE LANSING THEATER Phone 23823 2.38 1.97 1.98 orought $34.73. Some Canadian cattle arrived here this week, four loads of July 2.37 Nov. 1.95 Jan. 1.98 LARD 1.97 1.98 year pensions were the big issue. And this year and next, labor leaders aconda Copper, Eastman -Kodak, 105 lb.

wooled yearlings $2S; on late decline good to choice 126 lb. Colorados $25.50: good grade handyweight native and fed western lambs closed at $27 down when there was no reliable market on heavy yearlings such as recently sold American jan. General Electric, N. may call for shorter work weelas presumably at the same rate of pay, so COMMERCIAL BUILDING New buildino, 20,000 S4. ft.

for leas to responsible tenant. Central location, R. R. aiding. Zoned light industry.

Call FRANK B. GORMAN Edward G. Hacker Co. REALTORS Hacker Building Phone 57121 common to medium stock heifers bringing $21.50 and a load of common heifers $18.50. Eastern shippers rave the lamb market good support this week and prices advanced 50 cerrta to tl.

x. central, Baltimore and Ohio, Sinclair Oil and Lehigh Portland above $22; bulk clipped lambs during tnat workers purchasmg power won decline. BUSINESS MUST FACE IT week $25. as to ze, paid early. cement.

10.75 10.92 11.05 11.15 10.70 10.85 11.00 11.15 March 10.70 May ..10.85 July 11.05 Sept. 11.15 Oct. Holding back were General Mo 10.75 10.92 11.02 11.15 11.15 HOGS-Salable 300. total 3,000 (estimated): compared week ago: barrows and gilts 35 to 75c lower with the most de Labor leaders may well demand Increased wages at the same time. They might argue that Increased payrolls are necessary if production tors, Goodyear, Woolworth, Interna tional Harvester, United Aircraft, is to expand and sufficient new employment created to offset techno cline on weights over 270 pounds: sows 25 to 50c lower.

Week's top $17.50 paid on each of first three sessions with closing too $17: choice lb weights K.ennecott copper, Nickel Plate, logical disemployment. By no means is that the sole solution, however. Conceivably. Dollars at Work! Commodity Prices CITY MARKET Poultry prices edffed unward xliThtlv nn were top sellers on most sessions but some averaging 200 lbs. brought the top at the close of the week: average drove uarnsaan on and Johns-Manville.

Ahead in the curb were Technicolor, Babcock and Wilcox, Cosden industrial production and employment may start expanding again. After all. the recovery from the recession of 1949 had hardly begun when the weight barrows and gilts expected to be coal strike intervened and steel and other Industries had to throttle down. approximately 243 ids. tnis week which compares with 248 lbs.

previous week; about 6 percent of marketin sows. central market Saturday for the only significant chance of the day. Forty-two sellers were registered considerably above the number of Thursday. i-etroieum, Creole, Petroleum, Electric Bond and share, Imperial Oil, Kirby Petroleum, Louisiana Land, and Pantepec Oil. Pushed back were CATTLE Salable 200 (estimated): to Since the issue is bound to arise sooner or later, businessmen must tal not given: compared week ago: slaush were: Meats 0 get ready for It.

They can lower prices, thereby widening markets, which would make possible Increased production and emDlovment. ter steers and heifers closed slow and only steady after being 50c to $1 higher at the week's best selling on Wednes Round steak, lb 1 69 T-bone steak, lb. .72 Beef roast lb .53 Pork roast, lb. They can Increase wages and thus enlarge demand. Thev can shorten Salt Dome Oil, Cities Service, Fair-child Engine, and Niagara Hudson Power.

Selective demand aDnesred for hours. Or they can use any combination of all three. Of one thing they can be certain. If unemployment rises another million, coneress and day cows steady to 25c higher: bulls weak to 50c lower; vealers steady to $1 higher: stockers and feeders steady to 50c higher; load choice 1.241 lb. fed steers $34.75.

most high-good to choice cnops. id. .55 rrun nam. in railway bonds. Chunk bacon, lb.

Ill SflYS sucea Dacon, 10. .53 Ground beef, lb ss Sausage, lb 45 Eggs, doz. depending on .32 to .46 Poultry Hens, lb an Lansing Markets FARMERS ELEVATOR COMPANY. NORTH LANSING Beans Si Eea new cwt 35 Live as if you expected to live a hundred years, but might die Springers, lb. .45 Conservative investors have found a way to secure Safe, Profitable employment for their surplus funds through the Prepaid or Installment Plan shares of this association.

These shares may be purchased in any amount desired either on a weekly or monthly purchase plan or in lump sums. The earnings are very good and the security is time-proven through decades of both depression and prosperity. Call, write or phone I Lansing Savings Loan ASSOCIATION eiij 2 02 I Grains Wheat, No. 2 white 1 88 Wheat. No.

2 red or mixed, new 1.97 the President will surely try to do something about it. Far better would it be-if business could turn the trend itself without government aid. SALES IN DEAD HEAT Meanwhile, department store sales reflect the rise In unemployment and the effects of the cqal strike. Sales In the week ended March 4 finished in a dead heat with the corresponding week of 1949. And at that time the retail business was In a slump from the 1948 high and near the low point of the year.

There's a saver, however. This year prices are about 6 percent lower than a year ago. Therefore the volume of goods moving into consumer hands is larger. But since merchants count their dollars, not their unit sales, they're not too optimistic at the moment. They figure they are merely holding their own.

For this they are grateful to furniture, sales of which have flourished. Pradaea Dry beans, lb Carrots, 3 bunches JtS Cabbage, bu i.25 Cauliflower, head 5 to .40 Head lettuce, head J5 Cucumbers, two for .25 Dry onions, lb. in fed steers $29.25 to 33.50. bulk medium and good grades $22.75 to 28.75, few loads at $20 to 22.50 carrying a common grade end: load good and choice 888 lb. fed heifers $28, bulk medium and good heifers $23 to 26.50; good cows $19 to 21.

common and medium beef cows closed at $16.75 to 18.75. canners and cutters $13 to 16.50; medium and good sausage bulls $19.75 to 22.50, nothing over $21.50 late, top $20.50 on weighty fat beef bulls; medium to choice vealers $25 to 30; culls down to $17; medium to low-choice 700-900 lb. feedine steers $22.50 to 25.25; three loads 995 lb. weights also $25.95: three loads common to medium 650-750 lb. Canadians $21.50.

SHEEP Salable 500 (estimated) total not given; compared week ago: after advancing 50c or more to a new high on fed crop slaughter lambs lost $1 to close 50c. In case of big weights 4)1 under late last week: scattered supply yearlings higher early but declined with lambs: sheep steady; slaughter ewes continuing active at $11.50 to 15; closing top high-good and" choice 100 lb. fed Colorado lambs $27.50. feedlot mates having brought $28.50 earlier In week when 118 lb. Colorado sold a $27.

108 C. B. DIBBLE Branch Manager 800 Olda Tower Lansing Peas. 2 lbs 99 uais, iv o. 2 white.

36 lb. test. bu. 68 Corn, yellow, shelled basis 1.00 Rye. No.

2 Rosen 1.08 Buckwheat 1.45 Seeds June clover 22; Mammoth clover. $21: Al-sike clover. $16 alfalfa clover. $30; sweet clover, timothy, $11.25. Bides Fricdland Iron and Metal Sl E.

Maple at.) Potatoes, peck 45 to .50 Potatoes, bu. $1.35 to 2.75 Old potatoes, cwt $2.65 to 2.75 Radishes, three bunches 9 o. I cured beef hides, per lb 17c No. 2 cured beef hides, per lb 15c Meat Packing Company Rutabagas, lb. jot Tomatoes, lb 10 to .15 Hubbard squash.

Ib. .04 Turnips, lb .10 Celery, bunch JJ to .25 Apples Delicious, bu $1 85 to 2 Golden Delicious, hu Phone 46719 117 West AHegan Street AMERICA'S FAVORITE DUSIIIESS POINTS IN A STURDY, EFFICIENT DESK SET V. i areen Deer niaes. per JD. I4c No.

2 sreen beef hides, per lb. 13c No. 1 cured bull hiri IK a E. J. CarroIL President Oscar C.

Bleed, Sec'y and Tress, (No. -2 cured bull hides, per lb. 7c No. 1 horse hides tn fl Produce DETROIT, March 11 OTP) (By Municipal Bureau of Markets) Today' wholesale price on the farmers' public markets: APPLES Baldwin. No.

1. Sl.as to 1.S0 Delicious, fancy. S3.25 to 3.75; No. 1. $2 23 to 2.75; Jonathans, fancy, No.

1. tl SO tn 1 7S- M- Spies, bu. "i tn 1 Calf hides, per lb. He to 18c Mcintosh, bu. $1.50 to 2.50 lb Pio.

skin shorn iambs to $26.23 and jy How's Business? No. 1, 1.25 to 1.75; Northern Spies! fancy, $2.50 to No. 1. $1.50 to 1.75; FOUNTAIN PEN DESK SET PANEK Keds. fancy.

$2.50 to 3: No. 1. $1.25 to 1.75; Wagners, fancy. $1.50: No. 1, $1 to 1.25; Greenines, No.

1, $1 to 1.25. BEETS Topped. No. 1, $1 to 1J5 bu. CABBAGE No 1.

75 arv 1S50 Time marches on Spring is Just around the corner and we need houses and business properties for No. 1. $1.50 to 2. No. DB112 CAHtOTS Tmvaw? tmrurm To Produce Drug, Acth CHICAGO, March 11 (UP) Wilson meat packing firm, will begin production soon of ACTH, the rare drug which offers hope in the treatment of arthritis and other diseases.

A Wilson spokesman said all of the drug produced by the firm will be used for experimental purposes and none will be available to the public. ACTH is obtained from the pituitary glands of hogs. So microscopic is the amount gained from each animal that only 60 pounds would be produced each year if every hog slaughtered In the United States for one year were processed for the drug. Utility Company Files Condemnation Action 1. $1.50 to 1.75.

CELERY ROOT No. I. $1.75 half bu DILL No. 1. 75c to $1 bu.

HORSERADISH No 1 i ut "'oNIONS TVt- ruv fl ui-n. No. 1, $1 to 1.50. AKS.VIPS No. 1, $1 to 1.25 half bu.

POTATOES? Varwv. 5 75 iftn.lK ieil mm No. 1, 52.25 to 2.50. kadishes Hothouse, red, fancy. $1 SO doz.

bunches: No 1. I in 1 ku.k No. I. tl.25 to 1.50 bu. RHUBARB Hothouse, fancy.

70 to 75c 5-lb box: choice. 50 to 60c. SQUASH nlu-inii Summer. No. 1.

75c to $1 bu. i ino. i.7 aoi. bunches. EGGS Lame.

$12 to .1 nun, medium $10.50 to $11.50. small $9 to ALLEGAN. March 11 VPh-Tht our eariy spring business. HOUSES I HOUSES HOUSES HOUSES HOUSES HOUSES HOUSES INCOMES I BUSINESS COMMERCIAL INDUSTRIAL PROPERTIES I PROPERTIES PROPERTIES slow months are gone, take advantage of March, April and May best selling months of the year Call me now to list your prop National Utilities company, which is constructing a natural gas pipeline 27S COMPLETE into Allegan, has filed condemnation action here in establishing its right uv LOWDEN CHICKS In Season Favoritaa for Years LOWDEN FARMS P. O.

RIVES JUNCTION LOCATION trry Rd. at Henrietta of way. The proposed route ex tends 13 miles from the main sup ply line running through the state from the Ave Gradually Getting Bacli to Normalcy. We hope to ha.ve your favorite "Brand-Coal" for delivery in the very near future Place your order now for future forest in Allegan county. CAoade tUe tUifUt foltt a the ufay, ycut unite For Dependable Gas Heat Select STORE HOURS :30 to 5:30 Monday through Friday :30 to 12:00 Saturday Only erty.

Fill Your Bin Early! We are accepting orders for bin-fills with your favorite coal Now! Phone 59481. Tlie Gas Conversion Burner with the Im OFFICE FUDNITUII lUfPllII MACHINES AND FURNISHINGS OJI I proved Principle of Buy and Sail Through Burning Gas. Leo S. Panelt DeICleiiieCo. COMPLETELY INSTALLED PROMER HEATING SERV.

1226 W. Mi. Hope Phone 5-973S (Formerly Stoker Serriee Co.) 536 E. Michigan Ave. With Barnhart A Baker, Realtors "Ask for Am Inspection Yeur Property" Phone 20747, Eve.

25646 321-322 HoIIister Bid. Phone 59401 SIS No. Grand Ave. Phone 5-7134.