Decatur Daily Democrat, Volume 56, Number 250, Decatur, Adams County, 23 October 1958 — Page 2

PAGE TWO

Record Central Soya Sales And Earnings Highest Earnings In Firm's History Central Soya company, Inc., and its feed division. McMillen Feed Mills, reported the highest sales and earnings in its history for the fiscal year ended August 31. v ~ Net income after taxes amounted to $6,718,126. up 44 per cent from $4,665,267 the year before. Based on 1,133,150 shares of capital stock presently outstanding, these latest earnings were equal to $5.93 a share against $4.12 in 1957. Net sales were up 14.9 per cent to a record $225,967,682, compared with $196,531,334 in the preceding year. Earnings before income taxes were $13,887,354, as against $9,789,923 in 1957. Income tax provisions total $7,169,228 and $5,124,656 in the respective years. Central Soya s feed division, McMillen F*eed Mills, obtained the largest feed tonnage in its history, said Harold W. McMillen, chairman, and Dale W. McMillen, Jr.,

DON’T TAKE A CHANCE TAKE PLENAMINS Smith Drug Co.

PRESENTING... NEW PHRVAI ER ’RA I wKm V W UliniwLCn iJwl the lion-hearted car that’s every inch a new adventure 7r -Jw - 1 .--rs ~~ ” - ’ v ~ 4 " In th. ntyle that mt the rtend.rd for an induatry: Chryalor New Yorker 4-door Hardtop The adventure starts the moment you see this Judge the strength of the new Golden Lion engine, lion-hearted Chrysler '59. From its regal new grille Feel how True-Level Torsion-Aire Ride calms the to jts channeled roof to its gently rising fins, road. Set Chrysler’s Auto-Pilot. This optional Chrysler keeps its beauty simple! driver-assist holds and patrols your speed, lets Let Chrysler’s new Swivel Seat turn with you ou cru \ se W ‘ y our oot accelerator, as you ease behind the wheel. Feel it lock securely See this lion-hearted Chrysler. Your Chrysler into place. Measure Chrysler’s new dimensions of dealer has 15 new models in a wide price range, leg, head and hip room. Look around you through . uc/IDT rn f* LID VC IED ’RQ tempered safety glass windows. LIUN*nC/IKI tU UnnYOLtn 33 ■FAK7MI' *■■■■■ S&F 'WM ■ WaLO WMhwMM— ; a- - 1 ... . .. ...... New Swivel Seat! Available in ’59,-\ New Golden Xlon Engine! Puts out New True-Level Toralon-Aire Ridel this Chrysler exclusive turns in and out more power, more torque per pound Anexciusive Chryslerextrathatcomwith you as you enter and leave the car. "* than any Chrysler engine in history. bines the comfort of air suspension Combines convenience with comfort. Choice of 305, 325 or 350 horsepower. with the control of torsion bars. . ' • . r . .. See It tomorrow atl r ' • .« ' ‘ PHIL L. MACKLIN CO. ioz s. Fir,, st.

president, in their import to shareholders. “Good feed business resulted in an active demand for soybean meal which contributed to satisfactory processing margins in the soya division. The relatively new grain merchandising division enjoyed good growth and improved profits." September 1, Central Soya took over funder a three-year lease with option to buy> the facilities of The Glidden Company's chemurgy division which include grain storage in Chicago, Seneca and Lockport, 111., and Indianapolis; soya protein, flour and lecithin production units, and research laboratories in Chicago; and soybean processing plants in Chicago and Indianapolis. “In the opinion of Central’s management, these new operations complement Central's existing facilities and should show satisfactory profits,” the report stated. Capital expenditures during the year totaled $5,415,430 and were paid entirely from earnings and depreciation. The company opened a new feed plant at Des Moines, lowa, Oct. 2; completed construction of additional grain storage for 2,750,000 bushels at Marion, Ohio, and 5,800,000 bushels at Decatur, acquired grain storage facilities on the Tennessee River at Guntersville, Alabama, and made substantial expenditures at all plants to improve operating efficiency and provide better customer service. Over 2,500 Daily Democrats are sold and delivered in Decatur each day.

Last Model T Ford Is Assembled Today Golden Anniversary Os First Tin Lizzie MAHWAH, N. J. (UPD—Ford Motor Co. turned out what undoubtedly will be the last Model T ever assembled today to commemorate the golden annivtersary of the first “Tin Lizzie.” The 1909 Model T rolls off the assembly line at Ford's assembly plant here interspersed between two bright and shining 1959 models. Immediately afterward the Model T, the world s first mass production automobile and an American symbol of frugal operation, will participate in an economy contest with one of the 1959 Fords. The Model T. driven at its top speed of 20 miles an hour, averages about 13 miles per gallon. The new Ford, when driven at a conservative 30 miles an hour for best gasoline economy, uses about 24 miles per gallon. Actually, the Model T—a twin lever job — was not new. It was reconstructed from parts obtained from anti qu e car hobbyists throughout the nation. The bulk of the antique unit was purchased from John Skaff. a Flint, Mich., furniture dealer who collects antique cars as a hobby.

THE DECATUR DAILY DEMOCRAT, DECATUR, WBfAWA

Emm M Um parts afriwpiy wan not available. New wheels, for example, could not be found and were made expecially for the golden anniversary Model T by a Newark. N.J., company. The fenders were made by a San Luis Obispo, Calif., shop and the reupholstery and touring car top was done by a custom shop near Detroit. Although Ford produced almost 15 million model T's (all black)— the last one in 1927 — only the first 1,000 were twin lever jobs. Only about a dozen are believed to exist today. ' The “new” model T is 2*6 feet taller and 6 feet shorter than the 1959 model, with a -four-cylinder engine of 22 horsepower. It will be donated to the Sdison Institute for display in the Henry Ford Museum in Dearborn, Mich. Ironically, the model T, is valued by museum authorities at about $5,000 —about twice 1 the price of a 1959 Ford. Lehman Member Os Steering Committee Charles A. Lehman, route three, Decatur, has been named a member of the steering committee for the Little United Nations assembly that will be held at Indiana University March 19-21. Lehman, a senior, will head the business and registration committee, a position he held for last year’s LUNA meeting. Trade in a’ good town — Decatur.

Miss Ellen Welch Is Association Officer Miss Ellen Welch, student at Christian College, has been appointed secretary-treasurer of the Missouri college newspaper association. Miss Welch is editor of her college newspaper, which holds membership in the association of college newspapers throughout Missouri. The appointment is effective for the school year. A secondyear student at the junior college for women, she is the daughter of Mr. and Mrs. John F. Welch, 133 Porter Vista. She has been employed by the Decatur public library for two years. Rainfall Shortage Is Partially Eased Band Os Showers In State During Night United Press International An October precipitation shortage was partly alleviated in Indiana today by a band of showers which peppered down on most of the state during the night. Many stations in the southern two-thirds of Hoosierland reported rainfall totaling up to nearly an inch. Among the reports were Evansville .83 of an inch, Indianapolis .79. Seymour .65. Bluffton .48. Bloomington .45 and Lafayette .29. Fair weather followed the show-! ers and clear skies were due to stick around well into the weekend. if not longer. Mild temperatures were expected. too. The mercury crested at 67 at Lafayette. 68 at South Bend. 72 at Indianapolis and 74 at Evansville Wednesday. The top was 80 in the Louisville area. Then it dropped into the 40s throughout the state this morning, including 41 at Lafayette, 46 at South Bend. 47 at Indianapolis and 48 at Evansville. ; Highs today will range in the: 60s, lows tonight in the 40s, and; highs Friday near 70. The out-1 look for Saturday was “generally fair and somewhat warmer." Display Os New Band Instruments Friday A display of new band instruments will be shown at Monmouth j high school in co-operation with! the Decatur Music house Friday! evening at 7:30 o’clock, Darrell Derig. band instructor at Mon-, ■mouth, said today. ' f The display will be shown for , all interested persons anticipating lessons for their children in the near future. It was also stated that additional demonstrations of various instruments by members. of the school band will be! shown. All persons interested ; are urged to attend the display | and demonstration. Doll’s Wardrobe Printed Pattern’ FOR DOLL ' 74”—22' 1 zl / L ,\ feX_L* f / /vi tW i qOwRl \ , \ J p l' A» ' vF r. •.‘V • Bff Sew-easy! Turn scraps of fabric into a. dream wardrobe for her favorite doll. The Christmas gift she’ll treasure. Printed Pattern includes jumper, blouse, party dress, hat, coat, pajamas, robe, petticoat and panties. Printed Pattern 9100: For dolls 14, 16, 18, 20, 22 inches tall. See pattern for yardages. Printed directions on each pattern part. Easier, accurate. Send Thirty-Five Cents (coins) this pattern—add 10 cents for each pattern if you wish Ist-class mailing. Send to Marian Martin, Decatur Daily Democrat Pattern Dept., 232 West 18th St., New York 11, N. Y. Print plainly Name, Address with Zone, Size and Style Number.

Many From County Attend Conference Form Policy Debate One Os Highlights Several hundred persons from Adams county attended the national Catholic rural life conference in Fort Wayne during the past several days. The culmination of the entire program was the farm policy debate between Republican Sen. George D. Aiken of Vermont and Democratic Sen. Hubert H. Humphrey, of Minnesota. Both men are members of the senate agriculture committee. The Very Rev. Msgr. J. J. Seimetz, pastor of St., Mary’s Catholic church here, was honorary chairman of the entire conference, and chairman of the debate session. The question discussed by the two senators was “What share of responsibility should local, state, and federal government have in the farm problem?" Sen. Aixen started by explaining that government was the biggest single influence on the American economy, and that it was seldom if ever as efficient as private enterprise. More than one-quarter of the gross national product of $450 billion goes .each year to the government. Government. Sen. Aiken continued. has little incentive for efficiency, profit, or service. The public calls for economy in government, but remains apathetic to any further responsibility. At the present, he added, more than $5 billion is appropriated through the agriculture committee, including the agricultural goods given away to foreign countries through the state department. There are seven reasons that warrant government regulation of agriculture, he concluded: <l> to maintain the national economy; <2> for an adequate dietary level for the Afnerican people; <3» to preserve the forests, soil, and water resources; <4> so that farmers will not be penalized for producing enough food for the country; <5) for international trade and good will; i6> to develop new national resources; and <7) for research of such magnitude that private industry cannot undertake it. Rev. Viz'ard, the delegate from the conference to attend the sessions of congress, asked that all those who attended the sessions be’ delegates to their own people, and explain the program, and ask them to join in making it successful. Sen. Humphrey, who arrived after the program started due to the mixup between central standard and daylight savings time, then spoke. He and Sen. Aiken, he explained. were both members of the same committee, and more often than not agreed, differing mostly on the details of plans rather than on principles involved. He regretted, he stated, that the Rt. Rev. Msgr. Luigi Ligutti, one of the founders of the NCLRC. could not be present, as they were good friends, and often discussed agriculture back in Minnesota, which contains 50% of the membership of the NCLRC, a tribute to the interest of Minnesotans. He congratulated Bishop Leo W. Pursley, Fort Wayne, on his election as president of the NCLRC for the coming year. The country needs to take a good look at its agricultural policy, Sen. Humphrey said. The economic aspects of agriculture have been bad, with income down, costs of operation up, and the greatest disparity of all time between costs and income. The situation is so bad that young men are looking away from the farm because it seems to lack opportunity to make a decent living and raise a good-sized family, he continued. Farmers must borrow money at a higher rate than others, he .added. At present, the return for an hour's labor for a farmer nets him only 70 cents, compared to the $1 minimum labor wage. ' -■ « Such conditions need not continue, he said. Stop listening to the propaganda which uses the following lines; lower prices will cause lower production. This is obviously false, since each farmer's overhead will continue, he must pay for his machinery, his farm, his children’s education, and therel fore if prices go down, production ■ must go up . Also false is the argument, he said, that if prices go down, consumption will go up. Prices must go down at least 5% to raise consumption 1%, and this would bankrupt every farmer if carried out very far. i Look out mr slogans that sound i good, but mean nothing, he warned. The' slogan, “free economy" is , sheer nonsense. Chaos would rei suit from it, and every farmer in the country would be ruined. There i would be no protection for any : farm goods, and every price would drop at least one-third, many j more. . If "free, economy" is such a good thing, why doesn’t the rest of the economy ask- for it? he continued. When abolish tariffs,. when fair trade Jaws are repealed, when special tax privileges 'are eliminated, then the farmer should consider “free markets.” The farmer actually is and has!

Jg f - - ISf If i -W wM i 1/ ** Ik r / s If • W DRIVER SENTENCED TO Mil - HU mother tries to shield Thomas D. Speakman, 21. from the camera in Chicago after he was sentenced to six months in jail for 25 traffic arrests. Speakman, a suburban Winnetka resident, pleaded guilty to drunk driving, reckless driving, driving with license revoked.

been on a managed market. Just as the retail prices in a store is based on a wholesale price established on a fair- profit-to-the-manufacturer - and - handler basis, so the price given for farm goods is established, in reverse, by what is bought. The farm program should protect the farmer from the natural avarice of the buyer, the same as fair trade laws, tariffs, special tax gimmicks, protect others. The first farm law was passed in 1788-89. during the first session of congress, and there are now 155 pages of laws devoted to farm problems. A food stamp plan to get the surplus food to the needy is urgentlyneeded. he continued. The surplus prevents price gouging of the consumer. and can be managed to help the market, rather than hurt it. Public law 480. which provides food for the hungry of the world, is more effective than H-bomb strategy, he added. But a real program, accepted for five or ten years, is needed rather than the hand-to-mouth one-year present plan. The senator then concluded with a farmers' bill of rights, outlining his entire program. He was interrupted seven times by applause during the speech. After the speech several questions were asked the senators.

OPEN HOUSE 910 PARK VIEW DRIVE—DECATUR 1:30 to 4:30 P. M—SATURDAY. OCT. 25 As we are moving to Vero Beach, Florida, we must sell our home immediately and welcome your inspection during the hours shown above. Located in the Park View Addition, this fine home must be seen to be appreciated, offering every convenience for comfortable living with a minimum of care and maintenance. Carpeted Living Room. Three Bedrooms. Modern Kitchen featuring Built-In Stove and Oven Units. Oil Furnace. House was finished in May 1957. Price—sl4,soo. Loan of $11,300 at 4% percent interest, payments $79.00 monthly, may be assumed as part of the purchase price. Immediate Possession. Mr. & Mrs. Richard Kershner, Owners & Tenants. NED C. JOHNSON AUCTIONEER—REAL ESTATE 3-3000 — DIAL — 3-2796 Decatur, Ind. MWWWWWWWWWWWWWWWWWWWWWWWI WUSED and t ■■■W RECONDITIONED CLEARANCE ' PRICED ! > ’ -y 21 Westinghouse—On Matching Legs s6o Zenith Table Model $65 21” Westinghouse Table Model 21 Westinghouse—New Picture Tube s£s 21” G.E. Table Model With Base 21” Hallicrafters Console—--21 eni th Console—A Beauty $ 125 21 Sylvania Console—New Picture Tube $155 17 1958 G. E. Portable—Like New $155 $5.00 DOWN DELIVERS EASY WEEKLY TERMS SERVICE STORE f | I 121 -X. 2nd St. Decatur, Ind. ■■■ ■ SERVICE STORE - 121 N- 2nd Street WWVWWWWWWWWWWWWWWVWWWWWVW

THURSDAY, OCTOBER 23, 1958

Attending the Monday session from Decatur were Mrs. Peter C. Miller, Mrs. Louis Rumschlag, Mrs. Herman Geimer. Mrs. Henry Heimann, and Mr. and Mrs. Lawrence Beckmeyer, among others. For the Tuesday morning session there were present Mr. and Mrs. Richard Geimer. Albert Laugerman, Frank P. Heimann, Mr. and Mrs. Cletus Gillman. Mrs. William Kohne. Mrs. Leonard Schwaller, Mrs. Lawrence Braun, Paul Kohne. Leo N. Seltenright, Mr. and Mrs. Ireaus. Gase, Mrs. Severin Schurger. Mrs. John Schurger, Mrs. Mark Schurger, Mrs. Elmo Smith. Mrs. Jack Brunton, Clarence Beckmeyer, and Dick Heller. Jr. Special youth groups from the St. Maty’s church attended the Saturday and Sunday sessions, and the fourth degree Knights of Columbus and many others took part in the sessions and planning meetings. FRENCH (Continued from page one) to negotiate with the French without insisting on Algerian independence first. De Gaulle also was strengthened by the fact the extra-legal “committees of public safety" disbanded in Algeria and appeared to have lost their power.