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Chicago Tribune from Chicago, Illinois • 50
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Chicago Tribune from Chicago, Illinois • 50

Publication:
Chicago Tribunei
Location:
Chicago, Illinois
Issue Date:
Page:
50
Extracted Article Text (OCR)

BOARD OF TRADE FUTURES tXhuaga 3atli? urtbiuu Friday, March 9, 1956 Page 6 i CORPORATION NET INCOME Thursday, March 8, 1956: Grains, dollars per bushel: lard and soybean oil, dollars per 100 pounds; soybean meal, dollars per ton Wheal Season' range Open Hlsh Low Close Prev. close Yr. ago High Lew 2 18V2.18' 2 19S4 2.18i J.19'--2.19 2.184 2.18 2.22, 1.93 2.15V2.16', 2.17 2.15'a 2.16y2.16. 2.15H-2.15, 2.14'', 2.18 1.88H 1.98 1.99 1.97 l.Dlvl.'Ji i.i)B'2-i.o J.witi March May July September December 2.00 2.01 1.99V 2.03 2.04 2.06 2.09 1.99 2.03T 2.04 2.02 Corn 130 1.30 130 1.30 1.30 1.43 1.47i 1.28 1.34 1.33 1.34-1.34 1.34 1.45 1.49 1.28 1.38-1.38 1.47 1.49 1.33 1.38 l.JS'i l.Jt)pl. March May July September December 1.38V 1.38 1.38-1.38 1.45 1.40 1.30 1.33 1.33-1.33 1.39 1.36 1.31 1.39 1.381, 1.34 1.34 1.301, OaU .60 .6 2 .63 .64 .61 .63 .64 .64 .60 .62 .64 .64 .73 .7 0 .67 .66 .67 .59 .61 .61 .63 .65 .73 .70 .67 .69 .61 .62 .63 .64 .66 .60 .62 .6 3 .64 .66 March May July September December Kye 1.32 1.32 1.30 1.31 1.06 1.34 1.00 1.28 1.08 1.32 1.01 1.22 111 1.26', 1.07 130 1.27 1.28V 1.20 1.27 1.28-1.2S 1.29 1.2 1 22 1.20 1.22 1.20 122 122 1.12 1.27 1:07 1 20 1.21-1.22 Snvhea n.

March May July September I March i May July September i November 2 60 2.58 2.59 2 2.69 2.65 2.20 2.64 2 60 2.62-2.62 2 2.65 2.68 2.20 2.63 2.63 2.63-2.64 IJljKjT't J.J, w.Vt? rV 2 63-2 63 2 44 REPORT of the TRUSTEES of the BEVERAGE INDUSTRY EMPLOYERS LOCAL NO. 744 I. B. of T. HEALTH and WELFARE TRUST FUND Highlights of Administration for Three Years Ended December 3t, 1955 Almost one-half million dollars has been paid in benefits to members as follows Hospital Indemnity 59,598.75 Hospital Extras 61,743.68 Surgical 3 1,693.50 Accident and Sickness 133,439.50 Death and Dismemberment 25,800.00 Life 171,000.00 TOTAL $492,275.43 2 45 2.52 Z.ii 22'i 34 2.38 2 45 2.41 2.45 2.44 2.45 2.38 2.37 2.38 Crude Soybean Oil 14 50 14.58-14 54 March.

i May 9 90 9.85 9.85 10.05 10.95 10.98 15.00 14 44 13.84 13.03 12.09 11.84 14 08-14 06 13.44 12.53 1 1.66 11.50 13.98 13.43 12.52 1 1.64 11.48 14.88 14.39 13.67 12.76 1 1.80 11.58 48.60 48.40 50.10 50 90 14.70 14 22-14 27 13.63-13 65 12.71 1 1 75 11.58 46 40 4 7 85 49,50 50.30 14 14 13.65-13.67 12.75 11 11.58-11.55 46.25-46.35 49.30 50.15 1 9 SoTbean Meal 11.68 1 1.49 11.18 10.94 10.75 10.70 63.00 61.90 61.00 60.00 58.00 56.00 55.90 July Octooer December March May July AUUt September October December Quarter l.odrd Jan. 31 1956 195S I Cafe Sis Months fcnded Jan. 31 Scrusgs Van Bar 960.718 1,096.990 Per share 1.39 1.60 Year Ended Jan. 31 McClcIian Stuns. .1,756.064 1.812.919 Per share 2.02 2.03 Ml Months Knded Jan.

29 Campbell 16,304.000 16.050.000 Ptr ahare 153 1.60 Year Endtd Drc. 31 1955 1954 Ardpn Farms 2.107,051 1.95U.492 Bathurst Pw 3.154.819 2.962.283 Per cl share 4.78 4.19 Canadian Marconi 1.007,065 083, 590 Ptr siiare .22 .24 tCrrro de Pascr. 14.028 570 6.873,806 TPcr share 9.75 5 03 Ckvite Orp 4.854,753 2.668.643 Per share 2 54 1 33 Dccca 3.794 585 3.070 205 Per siiare 2 37 1.92 Duke Prwer 16.511.983 14.587.058 Per rhaie 1.80 1 66 duPtnt 432.000 000 344.000.ODO Per share 9 26 7.33 Elec SK.r Battery 2.585.081 Per share 2 90 Filtrol Corp 5.570 802 3.516.794 Per share 4.23 2 67 Florence 740.553 422.866 Per share 2 02 cGraw Co 174,894 101.452 Per share -27 Frank Siattuck 765.550 605,796 Per share .70 .55 General 3,506. 000 3.210.000 Per share 1.86 1.70 Gen Flreoirolinir. 3,870.196 2,590,183 Per share 5.43 3.64 HuitiC Sash 808.913 710.603 Per share 4 33 3.35 Jesfcp Steel 700,254 25,938 Per share 1,42 .06 Lockheed AilCraft 17.322.000 22.446.000 Per share 6.12 7.94 Ludlow Mle 1.965.229 1.395.702 Per siiare 3.76 2 7 1 Montreal Loco 1.385.93.1 1.192.456 Per share 198 1.70 Muikojn Co 528.483 360.7 13 Ptr share 261 1 73 Miriin.

1 1.795.664 P. 786. 560 Per share 4 44 3.68 Am Car 2.191.352 900.056 P. share 3 45 2 75 Phelps 73.804,099 42.347.81 1 'Per share 7.28 4 19 Phil Trai.spirta'.n 1.328.806 451.430 Pittsburgh 377,501 672.512 Per hare 6 1 1.08 Pratt A Lambert 1.142.713 1.054.096 Per share 5 65 5 21 St Pub Svc 928,367 1.069.450 Per ci A share .62 ,79 0 Eell 64.1 87.284 56.994.339 Univ Consnl 2.293.181 1,630.852 Per share 3 59 2 55 Walaeif 431.687 326.31 5 Per share 101 .76 Wryenberc 1.138.111 911.550 Per share 4 81 4 00 Yale A Te'vne 4 679.837 1,826.81 1 Pt siiare 6 25 2.89 'Net less, -Before depletion. 46.35 70 47.65 40 49.25 50 20 59.80 46.15 58.50 47.25 58.00 47.40 54.00 49.90 53.25 48.50 52.50 47.75 50.75 47.65 -49.

25-49. 7j -47 47.50-48.00 47.75-48.00 "47.50-47.70 Lard 11 90 11.97 12.10 12.25 10.45 12.27 12.42 12.42 12.70 10.60 12 62 12 80 12.62 13,07 1 1.25 13 00 13 10 12.72 13.40 12.05 13 02 13 07 12.50 13.35 12.85 11,90 12,27 12.62 1 3 00 13.02 11 95 12 47 12.80 13 12 13.10 1 1 95 12 40 1 2.75 13.10 13.10 March May Se-piember October 'Bid. CHICAGO LIVE STOCK PUBLIC AUTHORITY BONDS Continental MsrkU Ask 96 88 89 95 100 99 99 1 Bid Chgo. Reg. Pt.

Dis. Bonds 95 Chgo. Transit Auth. 3 78... 863 Do 4 82 98 Florida Turnpike 3 95 94 Great New Orleans Expwy.

4 94 99 Illinois Toll Road 3 95 98 Indiana Toll Road 3 94 98 Kansas Turnpike 3 94 92 Kentucky Turnpike 3 40 94... 98 Mackinac Bridge 4 94 98 Mass. Turnpike 3.30 94 99 N'ew Jersey Turnpike 3 88 102 New York S. P. W.

3.20 95... 103 New York Thruway 3.10 94. ...105 Ohio Turnpike 3 92 98 Pennsylvania Turnpike 3 82. 103 Texas Turnpike 2.70 80 93 Virginia T. Rev.

3 94 98 West Virginia Turnpike 4 89. 80 Do 3 89 73 Comparative Price per 100 pounds HOGS Receipts, 13.000, shipments. 2.000. Bulk ol sales $11 Month aio 11.50-13.00 Year ago 14.50-16.00 Top yesterday. average, $11.95.

CATTLE Receipts, 2.000; shipments. 1.000. Bulk of sales Month apo 16.00-18.00 Year aso 19.00-24.00 Top yesterday. average. $17.50.

SHEEP Receipts, shipments. 500. Buk of sales Month ago 20.50-21.00 Year ago 21.50-23.50 Top vesteiday. $20.50: average. $20.40.

Receipts included 3.000 hogs, and 600 sheep dfrect to packeis. WORLD BANK BONDS Figuies after decimal point are 32dsl Bid Ask Chge. lntlBank381 into 101.16 0.8 Do 3 72 98.12 98.28 0.4 Do 3 76 97.16 98 0 0 24 On the serial 2s. bid prices quoted In vir Iris were 2 50 for 1957 to 1962 933, 99 99 100 10334 104 106 99 104 9434 99 8 1 1,4 76 UNLISTED STOCKS Administrative expenses amounted to only 6 of total income during the first three years of the Trust Fund A detailed financial report has been submitted to each employee and employer for each year to date Semi-annual audits have been made each year by a reputable firm of Certified Public Accountants The Trust Fund is managed jointly by a board of eight management trustees and eight union trustees serving without compensation SCHEDULE OF INCREASED INSURANCE BENEFITS A summary of the insurance benefits for employees provided under the group certificate with the Bankers Life Casualty Co. is as follows: Now on Display Bid Ask Bid Ask MINNEAPOLIS FLOUR MINNEAPOLIS.

March 8 TAPJ Flour 1100 pound colton sacks): Family patents unchanged at standard patents unchanged at $6.40. Shipments. 47,740 sacks. 8 1 JoslMfgS 39 41 Aeorovoxfp 7 AmFurnM 2 2 23 KalsStlCp 23 24 at I 11 12 KellozgCO 35 37 LibLoanA 31 32 LOFGIFlb 25 26 AmHospS 27 29 AniMaiiet 49' 51 Amoce.Mtls 5 6V2 ApesSmlt 50 52 Beam iDist 15 16 17-', 18 BirtmanEI 18 19 Bowser 2 3 ChBrunlng 23 25 BunteBrn 1 1 Jackson Motors ll.icngnt (ll.l'UST Lincoin-t oi.tntental ltaer 6V. Divrrs-v PUv.

M600 LcnsBellL 4 0 4 2'4 MaremtAu 12 14 Merch Din MevercrdCo 6 7 MarmHerrin 8-4 9 MorrsPaM 31 33 Do 5 1 54 NthwEngA 32 34 Do 32 34 OpellkaMf 11 12 P.ibstBrew 10 12 10 1 21 30' 321 4 4" 19 21', Cent Rep CentSoya CentSt.iW ChiAui ChiDaN's You May Have to ask for it BUT IT'S WORTH IT! 25 16 Cili.Mill&L 24 ChlMoldPr 15 ChlRwyKq 37 3 8 Do 27 28 CnlliniRaA 26 28 Do 26' Ceil 7 8'2 20 22 8 8 Cook F.I Cory Cip Pesi-CGB 11 12 I PettibMulI 27 28 PheolIMfg 13 15 PickerlnqL 14 16 I 24 26 I PortsmStl 19 20 I P.operGeoD 20 21 I ScottRadL 35 50 SearleCo 43 45 i SlznodeStl 49' SivySICa 19 20 Skill Corp 22 23 1 SnpOnTIs 29 30 SpiasueEl 46 49 StalAE.Mt 26 28 I StdMlllA 3 4 i Tpmpaxlnc 30 32 I Tlmelnc 57i2 59'3 TokhelmCp 24 26 Surgical Fees Up to 300.00 Polio 5,000.00 Out-patient X-ray and Laboratory Service 25.00 Ambulance Per trip 10.00 Cancer 5,000.00 3 5 3 7 17 19 CimPkE.Mf Eversitp Life Insurance $1,000.00 Accidental Death and Dismemberment. 4,000.00 Sickness and Accident Weekly Benefit 35.00 Hospital Daily Room Benefit: S14.00 per day 31 days 8.00 per day 120 days Miscellaneous Hospital Extras 240.00 Additional 75 of the Next 4,000.00 23 25 19 20 Do FooteBGM lfi 1 7 37 39 Fullri'MtE GerberPr 40 42 SEE OFFICE EQUIPMENT that pays for itself Everything for the office except machines (292-page Catalog, free) Shaw-Walker Store. 27 S. LaSalle St. GlantPttC 2 1 32 31 T'ncmaslnd 14 15 Uarei.Inc 44 452i 11 12 VttlStkYp 12'i 13 GesholtMa 2 1 22 GtLakesInd 2" 3-8 Hart-Cart 10 It HaskelMIg 9 10 HstConPA 17 10 KooverCoA 293, 31 Do 30' 2 Hublnc Co 1 5 1 7 InterBak 23 25 Like any quality product, there is never enough premium Scotch to supply the demand.

You may have to ask for it twice but it's worth it! We respectfully urge you to keep asking for HUDSON'S BAY Best Procurable. "Onr of lit 3 Itit SflcLil im tit WrJ" Hudson's Bay Mr SCOTCH WHISKY 12s, 13. 1 Welts-Gard 12:14 13 WeverhTl 40-i, 42 WhitsCrp 13 143 WoodwGi-v 31 33 I WilslevAB 2i, Zonollte 4i 5 BALANCE SHEET December 31, 1955 ASSETS Jefferson El 7 8 Nominal qvotations hy National Association securities uealt rs 1 Cash CASH GRAIN PRICES HI DSONS BAY SCOTCH VHIKV III I ifKon Dae (i'ompn2 A BLEND 86.8 PROOF. La Salle National Bank of Chicago $43,889.85 Citizens State Bank of Park Ridge 20,000.00 Pettv Cash Fund 100.00 63,989.85 77e.7, for complimentary copy of "The Beaver," distinctive mag- CONTACT REPRESENTATIVE Looking for this arts to represent die shop to leadinq automotive manufacturer for maior die work. Eiceltent contact.

Forward eouipment lst and particulars to 13225 South Norfolk, lechstan Honor, Detroit, Mich. WHEAT Kansas City: No. 1 1 26: No 2 No. 1 red. So.

2 red. Minne-! spoils: Durum. No. 1 $2 St. Lotus: Ni.

1 $2.24. I Omaha-: 1 dk. No. 2' dk. $2.26: No.

1 $2.17. CORN Chicago: No. 2 $1.32: No.1 3 $1 Kansas City: No. 11 No. 2 $1.4 1-1 .42: No.

3 Minneapolis: No. 2 yel. No. 1 $1.48. OATS Chicago: No.

1 hvy. 67r 1 Kansas City: No. 2 64-70c: No. 3 63-69c. Minneapolis: No.

2 hvy. 62-64c. Omaha: No. I 69c. SOYBEANS Chicago: No.

1 yel. 111. and I Ind. 1. $2.61 bid.

1 Experience Rating Refund Receivable from Bankers Life and Casualty Company United States Government Bonds, Series azine of the Hudson's Bay Company. 36,176.80 220,000.00 EXCLUSIVELY DISTRIBUTED BY OLD ROSE DISTRIBUTING CHICAGO 10, ILLINOIS Advertise in The Tribune Total Assets $320,166.65 for 1955 ports LIABILITIES AND FUND BALANCE Liabilities Federal Income Tax Withheld from Salaries 782.25 F.O.A.B. Taxes Withheld from Salaries 87.60 Total Liabilities 869.85 Fund Balance 319.296.80 Total Liabilities and Fund Balance $320,166.65 wxji I 1 RECORD SALES, RECORD PROGRESS FINANCIAL HIGHLIGHTS AS OF AS OF DEC 31. 1955 DEC. 31.1954 (In Thousands of Dollars) $106,099 $68,065 NOTE: The Bankers Life and Casualty Company holds a contingency fund of $65,687.37 for the Trust Fund.

The Balance Sheet and Statement of Income and Expenses were audited and certified under date of January 18, 1956 by Thomas W. Havey Certified Public Accountants. STATEMENT of INC03IE and EXPENSES 3 Years Ending December 31, 1955 INCOME: TOTAL Initial Contributions 50,694.42 Regular Monthly Contributions 966,208.99 Experience Rating Refunds 106,900.60 Interest on Bonds 4,140.00 Total Income $1,127,944.01 EXPENSES: Insurance Premiums 738,309.00 Office Salaries 27,727.63 Legal and Auditing Fees 18,884.00 Office Furniture Equipment Other Administrative Expenses 20,621.43 Total Expenses 808,647.21 Net Income 319,296.80 net sales profit before taxes on income TAXES ON INCOME NET INCOME WORKING CAPITAL PROPERTY. PLANT AND EQUIPMENT. NET COMMON SHAREHOLDERS' EQUITY 5,573 2,362 3,216 23,147 16,932 24,029 10,563 4,130 6,433 30,009 23,256 33,190 DIVISIONS Alloy Metal Wire Connors Steel Delta Star Electric Henry Disston Eseco Laclede-Christy Leschen Wire Rope McLain Fire Brick Quaker Rubber Quaker Pioneer Rubber Riverside Metal Vulcan Crucible Steel W-S Fittings NET INCOME WORKING CAPITAL (In Dollars Per Common Share) 6.15 3.06 28.89 22.29 31.96 23.13 tl yen wevld tiltt eery neest fprf, writ Sox 100.

H. K. erf tr Company, 300 tark Avenue, Ntw York 22, N. Y. EMPLOYER TRUSTEES HENRY MORGEN, Co-Chairman.

Morgen, Inc. EDWIN A. GAUSSELIN Illinois Beer Wholesalers Association THOMAS J. DOYLE Illinois Association of Breweries EERT F. LEY Peter Hand Brewing Co.

BRUCE TELFER Coca-Cola Bottling Co. of Chicago, Int. AL BEHRENS Pepsi-Cola Bottling Co. of Chicago, Ine4 ROBERT E. JOYCE Seven-Up Bottling Co, SIDNEY M.

LIBIT, Secretary Libit. Lindauer Henry Attys. UNION TRUSTEES Int. fro. of Teamsters RAY SCHOESSLIXG, Chairman 744 CHARLES LANPHIER Local 744 CHARLES ALLIS Local 744 PETER BERGMANN 744 M.

HEIXTZELMAN: Local 744 CALVIN SEBAN Local 744 FRANK SEBAN Local 744 HENRY MEYERS Local 744 WW tjt. v. I I 1 Serving I H. K. PORTER COMPANY INC, Alcoa Building, Pittsburgh, Pa.

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