Detroit Free Press from Detroit, Michigan • Page 28

ism i iifiliiMiiiiniiMyi ii 2S Thursday, Sept. 11, 1852 DETROIT FREE PRESS Business Briefs FLOCR APOLIS tAP Flour cotton sacks. Wednesday: FamilT patents unchanged. 7. S3: standard patents unchanged.

5. TO: shipments. 50.40. Clamps Put I PI Ml, pi sk. Ii CXEVFJjAND For the second straight week Great Lakes iron ore carriers have posted a new weekly record for BUSINESS AND FINANCIAL tonnage hauled down the lakes, in the week ended Monday, on NPA' Tool Orders WASHINGTON (JP) Because of declining defense demand for their total cargo was 3,384,431 tons.

This exceeds by 48,448 Ore Ships Sef New Record August Boosts Crop Prospects Heavily WASHINGTON (JP) The Agriculture Department reported Wednesday that crop prospects improved during August to raise the prospective harvest to about the second largest of record. Some crops recovered from severe drouth conditions which had threatened production in Eastern and Southeastern states during August. Prospects for corn the major feed for producing meat and dairy products improved nearly 50 million bushels. The total farm product crops and livestock products together shapes up as the largest in history, the report said. Deputy RFC Administrator Installed WASHINGTON (JP) Supreme Court Justice Stanley F.

Reed swore in Clarence A. Beutel, Chicago banker, Wednesday as deputy administrator of the Reconstruction Finance Corp. Beutel called his appointment the "apex of long, varied and exciting banking career." tons the record-breaking haul of the previous week. For the 1952 season thus far. tonnage has reached 41,284,129, 20,562,068 under the corresponding period of last year.

New Round in Fight On CLEVELAND (JP) The long battle between Kaiser-Frazer Corp. and Otis Cleveland investment company, was on again Wednes I machine tools, the Government Wednesday began clamping down EVERYBODY'S BUSINESS on trie awara or eaeraiiy-guar-anteed "pool contracts." The backlog of machine tool or ders has dropped markedly be Auto Sales cause of armament cut backs and row day, this time over whether there had ever been any offers to settle it. Edgar F. Kaiser, K-F president, said at a news conference that the investment firm had made three verbal efforts to settle their court squabble. To this, Otis President William R.

Daley said to a reporter: "There have been no offers, verbal or otherwise." Moat investors aim for both profits and dividend income. However, your needs and desires deteraiine what is best for you. Let us help plan a program small or large tailored to your needs. "Your Investment Account" our new booklet tells how we can help. Write or visit for your free copy.

Paine, ebber, Jackson Curtis Mmbtn An Xark Stock ExrJmm THREE OFFICES Mm IMa, (timed Mot on V4. rtoobuot stretchouts." Contract cancellations in some recent months have exceeded 40 per cent of new orders. Wednesday's action by the National Production Authority (NPA) is intended, NPA ex 83,000 iii July BY LEO DONOVAN Free PrcM Aatomotlve Writer WALL STREET plained, to reduce the govern List Revives ment liability for costs Incurred by tool builders when their output under pool orders exceeds the demand for tools. Automobile sales during July, the figures now show, fell off 83,000 passenger cars, despite the anticipated demand many "Da COWVM1MC1 UVTOWM aOWMTOWM dealers thought the steel strike would stimulate statisticians R. I.

Polk farm cation of the device on the vehicle, Ison points out. NPA issued a new form on which builders will apply for contracts It requires each firm to report in detail the length of time required to fill an order, the mini Science Shoics Please mum production lot which can be accepted, and the volume of pri The success of "science" shows presented by the automotive "Big Three" is also being enjoyed by ority business on hand. Immediate i Peliw 5 Bulls' Hope NEW YORK (JP) Despite a great show of vitality in a recovery attempt, the Stock Market Wednesday closed lower for the fifth session. The market actually gave a much better account of itself than the bare statistics indicate. At the final bell there was an impressive array of pivotal issues carrying plus signs.

Nevertheless the market was lower on balance anyway you look at it. The Associated Press average of 60 stocks lost 40 cents (Tuesday it dropped $1.80) and stood at $108.10, lowest in two months. Bulls were gratified by the action, but it was stressed that Wednesday's performance couldn't be taken as a signal that the end of the reaction has been seen. Closer scrutiny of applications, NPA said, not only will minimize the government's dollar liability but will "protect machine tool builders from producing beyond known defense requirements." "As defense requirements les Westinghouse Research Labora tories. General Motors' previews of scientific progress still draw large and interested audiences, and Ford's engineering show which attracted such crowds at Dearborn, was, at last reports, being put on film for national distribution.

1 Ag j0 MM -linn linn, 1, 11 Hu 11 1 1 1 for the auto industry, reports that new car registrations were only 340,454 units during July. TRUCK SAL.ES, as reflected by the registrations, rose slightly, however, from 71,471 units in June to 72,134 in July. "With new passenger car registrations for the year totaling nearly 2,500,000 by the end of July," the statistical agency reports, "total foreign cars regis-' tered thus far this year touched 15,903. "While imported cars showed a gain of 5,000 units over the same period of 1951, they nevertheless are only a small part of the overall new car registrations for the year. "Effect of the steel strike is expected to carry over to August new car registrations." Fisher Co.

Elects At a meeting of the board of sen, new pool orders will be proportionately fewer in number," the NPA statement said. cnrysiers touring engineering Pool orders are large quantity orders placed in advance of need by the General Services show has created terrific interest in the Great Southwest and has tour dates booked far in advance for showings in the East and Far West. HERRING-HALL-MARVIN SAFE COMPANY Ideas, Inc. Westinghouse's "Energy In Ac tion" presentation will be made before members of the Engineer THE "BUSINESS END" of a turbo-jet engine will be explained by Robert A. Best, Westinghouse reporter, at the Westinghouse eight -act science show at the Rackham Building Friday at 8 p.

m. The presenta tion will be made to the Engineering Society of Detroit and is open to the public. Tpie show, called "Energy in Action," is scheduled for an 18-month tour of cities in almost every state. Sale of Hotel Near Finality Sale of the 600-room Park-Sher 1095 Beaufait Ave. ing Society of Detroit on Friday at the Rackham Building, begin ning at 8 p.

m. Mfl Detroit 7. Phone LOrain 8-0140 The eight-act show demonstrates aton Hotel to Louis Schleiffer, how mankind has utilized unseen New York Hotel operator, was directors of Fisher Robert Shields was elected a vice forces around him to ultimately Just Off the Tape Dividends BrlggsIfg. Co. 75 cents a common share, payable Sept.

30 to record bf Sept. 19. Commonwealth Bank Quarterly of 1.25 a common share, payable Oct. 1 to record of Sept. 19.

LeMaire Tool Mfg. Co. 10 cents a common share, payable Nov. 3 to record of Oct. 15.

King-Seeley Corp. Quarterly of 50 cents a common share, payable Oct. 15 to record of Sept 30. expected to be completed Wednesday night in New York City. MORTGAGES develop the "atomic theory." Pump Solves Problem The hotel, Woodward and Klrby.

'Freedom Production? Observed before joining Geyer in one of the Sheraton chain and for son. 1949. president. The announcem was made by i 4 Charles T. Fish- er, president of Auto industry engineering skill merly known as the Warden, is expected to be renamed the Park-Shelton by the new owner.

and ingenuity has no better ex ample currently than Fisher The hotel was bought by the Per. Kate Kee'ded P'We Fundi Available For Conventional Leans Or Residential Properties Inrladlnc Apartment Houses Mortgage CormpoDdeot Metropolitan Life Int. Co. GREATER DETROIT MORTGAGE CORP. ANDREW L.

MA 1 4 ITT, Pres. 317 West Fort Street WOodward 2-9600 Sheraton Corp. of America in 1943. ArcumulKtlv Body's solution to a serious bottleneck in production of hand-operated hydraulic pumps for raising and lowering 90-mm cannon on tanks. the company.

Shields has been with the company ince 1928 and has been a director since 1930. The O'Sullivan Sub. Lioiliclatinr Farmers9 Markets Int. Hydro. El.

Wts. and Measure. be following wholesale nria company, found- growers' sales of local produce. Wednesday: Apples. Crabapple.

No. 1. Z. bu. Apples.

Greenings. Fancv. ed by the Fish- Shields er brothers, specializes in investments and real estate. E. H.

Eardley has been appointed chief structural engineer of Albert Kahn Associated Architects and Engineers, Inc. He succeeds Joseph Matts, in that position. Paul P. Chester, assistant secretary of Baker, Simonds Detroit inveestment-bank-lng and securities firm, has been named a director of the company. He has been associated with it for 12 years.

Four hundred Detroit region dealers were informed of fall promotional plans of Sinclair Refining Co. Wernesday night at Hotel Shelby. PI IncrraMd Alliance- are Extra Mt. D. A bio Co.

RfKUlar Athy Prod. Bronx County Trust, N.Y. U.S. Plywood pf Int. OllucoUon Prod.

Nat. Lock Novadel Arene BeattI Ltd. Bris pa fir. Gt. Lak.

.25 -15 10-1 I i .87 Vi 10-1 10-15 .30 9-22 10-1 .01 ll-lO 11-30 .15 S-32 8-30 100 8-1 10-1 .37 8-18 10-1 .25 10-4 10-15 1 .25 9-18 10-1 i .10 -16 10-1 .76 9 19 9-30 .40 9-19 8-30 I .62 Vi 9-19 8 30 .50 9-19 9-30 J.00 No. 1 2 bu. Apples. Wealthy. Faner.

3 60 No. 1. IT50-3 00 bu. Apples, Wolf River. No.

1. 3.00-3.2a bu. Blueberries. No. 1.

6.00-7.00 24 pt. case. Cantaloupes. No. 1.

1.00-1.50 bu. Grapes. No. 1. pk.

basket. Plums. I bu- Plums. Damson, No. 1.

2.25-2.50 hu Plum. v-U i 2.00-2.50 "bu Peaches. Fertile Hale Fancy .4. B0; No. 1.

3.00-3.25 bu. Peaches. J. H. Hale.

Fancy. 4.00-4.6(1 bu 1. bu. Peaches. Halehavent Fancy.

7a bli N'rt. "1 i.n nn Fisher, which produces the Pat-ton T-48 tank, was called upon by Army ordnance to help solve the serious shortage of the pumps which were being made by only one supplier. Each of the pumps Is built to closer tolerance than fine grade watch, with valve clearances, for Instance, only three hundredths of one ten-thousandth of a nineh. That's about one-hundredth of the diameter of a human hair. Flint plant Ko.

1 was selected because of its highly trained personnel and manufacturing facilities. Within six months it produced its first pump. Now tooling for mass production has been Do Gt. West Klberta. Fancy.

4.00-4.50' hu 1 Four Detroit banX? have agreed to publish quarterly statements of condition to provide more regular periods for purposes of comparison, it was learned. The decision nearly coincided with the irregular fall call issued Wednesday by the Comptroller, of Currency, the Federal Reserve System (applying to state members), and State Banking Commissioner Maurice C. Eveland. The reports on condition were effective as of the close of business last Friday. The four banks, National Bank of Detroit, The Detroit Bank, Manufacturers National Bank and Industrial National Bank, will publish the Septus call only in a legal publication.

Quarterly calls, however, will be published in newspapers and magazines it was decided. Prominent sales directors will participate in annual sessions of the Michigan Tobbaco Candy Association at Hotel Statle Friday and Saturday. They Include James Harris, vice president of Congress Cigar Brooks Holiday, district sales manager for Beechnut Packing George Wise, of Medico Pipes, and Zenn Kaufman, merchandising director for Philip Morris Co. Appointment of Ralph L. Wolfe and Walker R.

A. Graham, of Dtd. 3.00 bu. Pears. Bartlett.

Fancy. 400- On Machinery Equipment QUICK SERVICE Our Representative Will Gladly Call UNION INVESTMENT CO. 320 Fort St. W. WO 3-7474 GM Official to SpeaJi Fred M.

Ison, general sales manager of the Saginaw Steering Gear Division of General Motors will talk on "Possibilities of Power Steering in Farm Tractors" at the Society of Automotive Engineers tractor meeting Thursday in Milwaukee. Greater efficiency, reduced driver fatigue and increased driving ease are arguments for appli No. 1. 4.00-5.00 bu. Pears.

Favorite. Fancv. Vn i r.n.t nn bu. Watermelons. Fanes.

2.0(1 1 bu. Walker L. Cisler, president and general manager of The Detroit Edison called attention Wednesday to the "Production For Freedom" theme being celebrated this week by industries throughput the United States. Cisler, who is active on the Michigan Economic Development Commission, emphasized that the industrial production symbolized by the Detroit area marks the great strength of our economic system. "There is no better evidence of the productive genius of America than is to be found right here in our own Detroit and Southeastern Michigan area," he said.

"DETROIT JUSTIFIES our confidence that America, holding fast to its system of free enterprise, can continue to lend the world in creating and maintaining the conditions of better living. "We must remember though, that to continue our production for freedom we must protect our freedom to produce: As long as our American economic system is left free to function, our productivity will go on increasing to assure a free and strong America." VKOETARr.Ftt VHP r- DETROIT STEEL Round. Fancv Of fl i no si! Company speakers included J. MacGregor, recently named De- i troit manager; J. C.

Curran, area bu. Beans. Grei-n, Flat. Fancy. U.50 1.1-'5-2.25 bu.

Bearib. Green Ken-tiicky Wondf-r. 2.50-3.00 bu. Beans. Lma A CORPORATION CRUSHED manager, nd H.

L. Lussow, of Chicago, assistant district raney. n.iio No. 1. 3.00-4.00 bu.

Beans. Roman. Fancy. 4.00 No. 1.

bu. Beans. Wax. No. 1.

2.25-7a bu. Reeta. Tnnned 1 rrK k. "vr Beets. Bunched.

No. 1. 75-90c dot. bchs'. Broccoli, Fancy, 2 50 A No.

1. 1775- lis mm i Mb bu. rahha-re. Vanra i'Xv IT" V.ut."u taoDaife. vurjy, 1.25-2.50 bu.

Cabbape, Bed. Faxicv. 3.00 ODD-LOT TRANSACTIONS VTEW TORK (AP) The New Tor Stock Exchange reported. Wednesday, these odd-lot transactions by principal dealers on tbe Exchanre for Sent. 8: Purchases of Toronto Stocks Jo.

l. 2 on-2 ro hu r.u... 28th Consecutive Dividend Year The Board of Directors of Detroit Steel Corporation today declared a quarterly dividend of Twenty-five Cent! ($.25) per share on outstanding common stock payoble Sept. 15, 1952 to stockholders of record at the close of business Sept. 8, 1952.

R. A. YODER Aug. 29, 1952 Secretary-Treasurer 163.708 shares on 5.820 orders: sales of Sprouts No. 1.

bu. Carrots. No- 1. 00'5c dos. bchs.

Carrots. Tooped. Fancy 2.00 No. 1. 1.00-2.50 bu! Cauliflower.

Fancy. 3.00 No. 1. 2.O0- 2.75 dOZ. Celerv.

Fancv 1 tt An 133.107 shares on 4.719 orders, lncludingr shares sold short on 48 orders. Ferr Driveways. Parkins; Lata. ate. Cronin-Coa! Supply Co.

WO 2-6855 NO. 1. 50-75C rfoi. bchs. Celerv Fanr i' 4.00 3 doz.

crste: No. 1. 2.75-3 7S a rini ic Accounts Receivables ir Government Contracts Machinery and Equipment CALL ERNEST J. FREW WOODWARD COMMERCIAL CORP. 1S (insrrilan HtHf.

tt'O 5-44 14 crate. Celery, Root. 1.25-1.50 doz. Com LARD CHICAGO 'APl-Cash lard vai cents a VfedneFdav: loose. 8.625.

10 Sweet. Fancy. 1.25 5 doz No. 1. 7.ic-1 0(i I Close Issue Close Aunor 2.85 Malartii- 1.85 Barvue 6.00 Mid font .44 Broul 2.8 New Cal t3 Buff Ad 13hi X.Concord 2.34 Ca! Ed 13.H Nipising ".00 Malart Noranda 80.

"25 Caviar .100 X. C. Oils l.P'I hem. Re. 1.

Pamour rhrstervle PavniatPr f'oliliream 1 Piolcfrow 1 O. Disc I il Preston 1.55 Ppt LwllIC 3.15 Reef FjktMal 3.15 Pan Ant M5 Falcon btltte 19 OO St-urrr 3. HO Frobisher 7.4' Silanro 35 Giant Yk 9.00 Sip. Rook fl.50 i Hard Rook Sullivan 2.P5 Hollinger 15.50 Teck Hu 2.30 I Hud But 69 75 Trans Res .45 Kerr Add 18.75 TJ. Asb.

S.35 Madsen 1.65 Cpp. Can. 1.65 i Labrador S.35 Ventures S2.37 5 i.z. Cucumbers. SHcero.

No 1 1 -1 .75 bn. Pic-kle. 4 O0-4 50 bu. (ueumberk. Dill.

No. 1. 2.O0--.V50 bu. 'r1'11 -P- 1 doz. bchs.

int, L-oiir Type. No. 1. 50-7oc ok. basket.

Eggplant. Round. Fancv. 2.00 No 1 1.00-1.25 bu. Kohlrabi.

No. 1. pfc-l "5 doz. bchs. Leeks.

No. 1. 1.25-1.75 bchs. Okra Vn 1 9 nn. Things every Insurance Buyer should know No.

57 Green. Fancy. 1.25: 1, 7a oens. unions, t)rv. Fancy.

00 o0 lb. No. 1. 2.25-2.60 50 lb. The M0N0P0WER Corporation 1435 E.

Mllwiuku, Detroit It, Mich. DIVIDEND NOTICE JJfiw Onions. Pieklinr, No. 1. 4.00-5 00 25 lb.

ba. Parsley. Curly. No. 1.

75-BOc doz. bebs. Parsley. Root, No. 1.

uviis. t-ar-nips. iso. 1. z.iio-Z.yS v.

ou. Peas', Black Eye. No. 1. 3 bu.

Detroit, as vice presidents Gayer, Newall Ganger, Detroit and New York ad agency, was announced by B. B. Geyer, agency president. Wolfe joined the firm in 1950 after servinsr as Produce JMarkets Federal-tHata Market ws Service. The lollowinj- prices rr dozen were paid b.

Detroit by first receivers for case lots of Government -Traded errs from aradin- stations. Wednesday: WHITES U.S. Grade Jumbo. t9-72: larrce. 63-68; medium.

53: small. 42. U.S. Grade B. large.

60. U.S. Peewees. 35. BROWNS U.S.

Grade A. Jumbo, 7: larre. 64-65: medium. 61-62 -small. 40-42.

U.S. Grade B. lar-ce. 68. U.S.

Grade C. larre, 36. U.S. Peewees, 85. U.S.

checks. 34. TRENT OF STAPLE PRICES NEW TORK The Associated Press weighted wholesale price index of 35 commodities. Wednesday, advanced to 185.00. previous day 184.6S.

-week asro 185.21. month aro 15.81. year ago 190 33. 1952 1951 I9.50 1M9 Hish 1A5.C0 S15.71 207.64 177.37 Low 183.17 189.34 15B.30 lBO.OS (19C6 average eauals 100). ICA basket.

Peppers. Hot. No. 1. 1.75-2 25 bu Peppers.

Pimento. No. 1. Dk. basket Peppers.

Green. Sweet. Fancy. 2 00: No 1 1.25-1 75 bu! Peppers. Red l.

2.56-3.25 bn. Potatoes fancv. 3 00 60 lb. baff: No. 1.

2.25-2.75 Potatoes. No. 1. 4.50-5.25 100 lb. W.

Pumnkins. No. 1. 1.00-1.50 bu. Radisnes.

Red. Fancy. 1.00: No. 1. Th Director hare declared a pccial dividend of five (.05) cnt per eh ere en the Common Stock, payable September 29, 1932, to shareholders of record at the close of business Sept.

22, 1952. No dividend will be paid to shareholders who have not surrendered their shares, for transfer, to this company re-organized as of November 19, 1945. P. R. Bierer, Secy-Treas.

Womrself A tjsninst STOCK MARKET CLASSES Start Sept. 1 7:30 P.M. HIGHLAND PARK HIGH SCHOOL Text material furnished. NO CHARGE FOR FIRST MEETING. Sponsored by ADULT EDUCATION DEPARTMENT Wolfe president Wolfe-Jickling-Conkey, Detroit.

Graham was with Grant Advertising and McCann-Erick- Pay in prices per dozen, fob. Detroit, for commercially (Traded errs: WHITES Grade A. large. 60-64: medium. 49-52: small.

36-39. Larsre A. min. 55-61; medium min. 60, 47-49.

BROWNS Grade A. lar-ce. 68-61: medium. 46-49: small. 39.

Grade B. larf-e. 48. Large A. min.

i50ft, 54-59; medium A. min. 45-48: small A. min. 60.

33. Current receipts (cases included, checks. 27. Market steady on all grades except smalls, which are weak and burdensome. Overall demand improved but spotty.

Larre clearing readily- mediums and good quality Grade short of fair demand. Smalls in light demand and inadequate supply. Radishes. White. Fancy, 1.00: No.

1. 75-0c doz. bchs. Rutabagas'. 0i i 5 nu- Quash, Acorn.

No. Ai 61 bu. Squash. Delicious. No.

1. 1 i.1,0 -tu- Snuash, Summer, Fancy. No. 1. V.

bn. Sauash. Italian. Fancv. 1.75 No.

1. 1.00-1 50 bu. TomRtoes. Green. 1.25-2.0O bu.

Tomatoes. Fancy. 1.00 14 lb. basket: No. 1.

75 -P0e 14 lb. basket. "00 No- I- 1.00-1 50 bu. Tomatoes. Freen.

1.25-l.i5 bii. Turnip. Fancy. 1.50 doz. No.

1. doz. bchs. Tumin, Topped. Fancy.

2.00 No. 1. 1.25-1.75 bu. GREENS Cabba-re. No.

1. 1.25-1.75 bu. fo'lard- No. 1. 1 bu.

Kale. No. 1. 1.00-1.50 bu. Mustard.

No. 1. bu. Sorrel No. 1.

1.25-2.00 bu. Sninach. Fancy. 2.50 No. 1.

1.50-2.00 bu. Turnip No. 1 1.25-1.60 bu. Swiss. Chard.

No. 1. 1.00-1.50 bu. LETTTCE AND SALAD GREENS Celery. Cabbape, No.

1. 1.75-2.00 bu Endive. No. 1. 1 75-2 25 bu.

Endive. Bleached No 1. 2.23-".75 bu. Escarole. No.

1. 1.50-2.00 bu. Escarole. Bleached. No.

1 2 bu. Lettuce. Head. Fancv. 5.00 3 No.

1. 3.00-3.50 3 doz. Lettuce. Head, No. 1.

1.50-2.25 bn. Lettuce. Leaf. No. 1.

1.25-1.75 bu. Romaine, No. 1. 2.50-3 00 bu. EGGS I.arre.

IP O0-20 OO 30 do, case; medium. 16.50-17.50: small. 13.50-14.50. Detroit Butter Prices to retailers and Institutional users: Grade A A (83 score). i 82-85.

Grade A (92 score. 81-84: 1 78-82. CO-a-EIonth $2 Livestock Br rSDA HOGS Salable 650. Market mostly steady: bulk choice barrows and trills 180-260 19.75-20.40: few small lots choice No. 1 and 2 around 200-210 20.50.

top: motst 260-325 18 some 350-400 16.50: bulf 160-180 140-155 17.50-18.00: bulk sows under 400 16.60-18.00: most 400-550 15.00-16.00: over 600 14.50: numerous lots 100-160 lb. feeder hoks. 17.00-1!'. 00. CATTLE Salable 600.

Limited supply rood and low choice fed steers and heifers airly active, uteady at 31.00-33.50: hitfh choice and 'prime absent; strictly a ped-dlinc- catch-bid trade on other slaufrhter Grade (90 score. 1 75-80. Market about steady. Supplies ample. Trading slow.

Hcome STOCKS From COMMON Detroit Poultry Live Poultrv: Parin-r nrices ner lb. b. Detroit for No. 1 Grade, up to 10 a.m.. Wednesday: Hesvv bens.

25-27: lirht hens. cattle: clearance incomplete: few sales 20-22: heavy roasters. 33-38: liarht broilers. 36-38: old roosters. 18: heavv ducks.

24: ducklinrs. 33: young hen turkeys. 37: young torn turkeys. 33. utility and commercial ftraes steers ana heifers.

20.00-26.00: small quota utility cows mofitly 16.00-19.00: liberal supply canners and cutters, with most sales 13.00-16.50; some lightweights. 12.00 and below: few sales cutter and utility bulls. 16.00-22.00. but most bulls unsold: few small lots choice around 480 lb. stock Detroit Stocks The products of science and invention are wonderful and indispensable.

Yet mishandling and carelessness often make them seem like engines of destruction. Electrical devices the housewife's boon have burned homes and buildings to the ground. The automobile a triumph of mechanics has caused over a million deaths; Machine tools key to our productive mastery have crippled! and maimed; A tremendous amount has been done by the insurance industry, industrial companies, public bodies, and groups of citizens to prevent fires and accidents and teach the public to use modern inventions wisely and safely. Yet we can never hope to eliminate human careless-ness completely. To be realistic, therefore, you must do two things.

First, be sure you are not guilty of carelessness yourself. Second, get adequate financial protection through insurance. Don't let your insurance lag behind invention be sure you have enough varieties to cover all the hazards created by modern scientific progress; And be sure you have a competent independent agent or broker to guide you in the selection and coordination of your entire insurance program and to represent you if you should ever be so unfortunate as to have a loss; WEDNESDAY calves. 30.60: several lots medium and Sales Issue good stoclr.ers and ieeders. j.ou-.i'u: common and interior replacement cattle down to 20.00 and below.

CALVES Salable 100. Supplies largely lower grades vealers and heavy -daugh Grain Pit CHICAGO (AP) All rrains move! lower on the Board of Trade. Wednesday, prior to issuance of a Government cron report which the trade expected would boost estimated production from a month aro. Soybeans lost tht most, the September contract selling- off 4 cents at one time. A slight recovery set In before the close.

An increased movement of new crop soybeans to market In central Illinois, yilus ideal harvest in-r weather, also created liquidation in beans Wheat dosed 1 to 1 lower, Pent. Corn. 1 to Hi lower. Sent. 1.77.

Oats. li-lH lower. Sent. R5S. Rve.

lower pent. si.f)4i. Soybeans. 2 to lower. Sent.

3 15-S3 14; Lard 35 to 50 cents a 100 lb. lower, Sept. $9 S7. ter tnese very stow ana wean: choice and prime vealere fairly active, firm: practical ton 39.00; bulk high good and choice. 35.00-39.00: commercial and ifood mostly 27.0O-35.0O: some cull and utility 15.00-23.00: numerous UNITED Service Announces New Sound Investment Program HCC to build an income of $200 a month through a diTerI-fied iarestmcnt ia souod, dividend-paying common stocks, is outlined in a special Report just issued by UNITED Service.

Stocks for this portfolio hare been selected with an eye to long-term earnings prospects and a liberal income to keep pace with the rising cost of living. 12 STOCXXS YXEX.DXXIC UP TO 7.7 This 12-Stock Portfolio includes sound Issues, diversified over 10 basic industries, and yielding; from 5.7 to 7.7. These stocks have Ions; dividend records and appear in an excellent position to pay liberal dividenda for many yeare to come. In addition to the average income of S200 a month, these isauea can be expected to increase in value. POX T1IE YOUNG EXECUTIVE OR PROFESSIONAL MAN mmmdplm it mlm prwkUd Je grdmtbf mcemmmhitimg at rHtr- I mmtKwd hrmrgi pmrcJtMtt a tmyfmtly elctd Grvtb Stocks.

Onz Mont! "TRIAL" At tm introductory osTer, we vriU seod this Special Report aod the 1 Weekly UNITED Service for oae full month to new readers for only A jurlhtr tbligatioH. talttmam will cmlL) l. commercial and good over i.o in. siaugn-ter calves. 20.00-28.00: heavy culls down to 15.00.

1 SHEEP Salable 400. Limited Inquiry for hirh good to nrime spring lambs at unevenly lower prices, no sales. Receipts lartrely cull to low good sprineers. mainly without reliable outlet: small sunnly sbeeo steady: most slaughter ewes cull to low Sood at 6.00-8.00: few good and choice. very shelly culls down to 6.00.

Estimates for Thursday: Cattle ZOQi calves 25: hogs 150: sheen 25. Ramre or futures Rirh Wheat One a 1 32 Sent. TVec. March 2.3Pi 2 44 i 44 i Msv Julv Low 2H 2A 134 lti 17 35 24, 9- 24 i 5' 3S 36 ft 74 69 43t 6-4 18 174 3-5t ii 34 1 i 274 42 i 35 4 18'4 9H 16 26 81 14 19 19 54 21 124 12 '4 li 28 Hi eh 2 24 13. 144 9H 134 7 174 35 4H 9, 24 6'.

3S 36 3i 6'i 7H 59 7 74 434 ii 17 32M. 24 2l 24 34 18i 27, 42 4 35 '4 18 T4 17 26 8i 15 4i 19 i 64 21 i 124 12 7 1 i 384 Close 34 24 134 14H 9 '4 134 7 17 4 354 24i 9s 24 5 34 36 3J B'i 74 59 74 43-4 4i 64 18 174 324 II 34 184 274 42 35 4 18 T4 94 16 '4 26 84 14 14'4 39 5S 21 4 124 12 '4 li 284 Sept. 400 Allen El. Etj. 230 Altes Brewing 100 Amer.

Metal Prod. 477 Am. Radiator 100 'Baldwin Lima 251 Baldwin Rubber 100 Big Bear 110 Burr. Add. Mach.

10O Chesap O. Rly. 100 Cons. Pap. 400 Del.

Clev. Nav. 1760 Detroit Edison 100 Stove 1 00 Economy Baler 154 Federal-Mogul 600 Frankenmuth Br. 180 Gar Wood Ind. 300 Gemmer H(.

1018 General Motors 310 Goebel Brew. 100 Goodyear T.R. 134 Hall Lamp 100 'Hayes Mfg. 175 Hoover Bl. Br.

100 Int. Tel. TeL 100 Lnt. Harvest 100 Lansing Stamping 100 'Mueller Brass 276 'Nat. Distil.

Prod. 100 Nat. Elec. Weld 130 Cent. RR.

100 Niaff. Mohawk 320 Parke. Davis Co. 100 Parker Rust-Proof 100 "Pennsyl. RR.

100 Pepsi-Cola 200 Pfeiffcr Brew. 135 Radio Corp. of Amer. 160 River Raisin Pap. 100 Rudy "Mfg.

1211 "Southern Comp. 200 "Southern P. RR. 103 'Sunray Oil 201 Sparks Withinrton 100 Timken-Det. Axle 1322 Toledo Edison 350 Udylite Corp.

1 00 Wayne Scr. Pr. 100 Toung, S.W. Dec. METAL COMB.

DOORS fio 14 2 44 i 2.44 i 2.40 4 1.74 1.74 i 1.H0H 1.80 4 .91 90S .86 '4 1.744 1.7S l.ROH 1.8a1 March May JUIT Oati Baked Enamel Finish 3G Close 2.31 Mi 2.384 2.434 2.43 2.39H 1.774 1.73 i 1.77 1.79? 1.79 .85 .881 .90 .86 i 1 94 1 99. 2.03 .115 3. Oft 3.Ri 3 09 3.08 i T-o-' 1.81 4. 2.3S 2.434 2 43: 2.394 1.774 1.73 1.77H 1.7P4 1.79 .84 4 1 94 1.9S:, 2.024 3 13si 3 i 3 07 3 nsu 3.07 i Sent. Dec.

March Mav .86 'i Ju'v Rve -TP-7 Sent. 1 P5ll Nov. -mo1; Mar 2041! Business Established 1842 THE ATLANTIC COMPANIES ATLANTIC MUTUAL CENTENNIAL Office in 23 CUUa from Coatt to Cot Horn Officii 49 Wall Street, Aet York DETROIT The National Bank Bldg. CHICAGO CXNCCtnATf CLEVELAND GEAND RAPIDS INDIANAPOLIS ST. LOLIS Marinm, Fir.

Inland Transportation, Fin Art; Jewlry, Fur, Registered Mail, and Yacht Insurance rsamt I P5 OOli 2 .04 3 ns 3 1 rtin'i 3.09 Soybeans Sept. nr. 3 OS "si Tan. 3.10 March 3.J014 Mav 3.09 "i StVKE WANTED Manufacturing business. Must have shown profit each of past six years.

Net worth $200,000 to $400,000. Writ details to Box 1760, Detroit Free Press, Detroit 31. i.ara UNITED BUSINESS SERVICE 9.85 Sent. 10 25 10.4 7 1070 11.S0 210 KXWBU3Y STREET BOSTON 16, MASS. 9.87 10.07 10.32 11.

50 11.50 11.65 11.83 1025 10.50 10.70 11.P5 ll.pn 12.15 12.25 10.07 10.30 11.40 11.45 11.65 11.05 Oct. Nor. Dec. Jan. March May 11 S2 12 15 12.25 Total sales.

15.089 shares. Unlisted trading privileges. -flfc, 40,.