Indianapolis Times, Indianapolis, Marion County, 7 September 1939 — Page 6
PAGE 6
SHORTAGE FEAR SENDS GROCERY COSTS UP HERE
Rise Is General Through Commodity List; Flour In Sharp Climb.
SAN FRANCISCO, Sept. 7 (U. P.) —German Consul Fritz Wiede-
sible “vote of confidence” by the famed Olympic Club’s board of directors when he anonunced he would not withdraw his resignation which whs allegedly obtained through trickery. “We shall wait and see,” he said when informed the directors had The effect of the European war, combined with heavy ‘“precautionary” buying by the- public, was felt today by Indianapolis housewives in the form of increased a “squeeze play” which the embarcommodity prices. rassed club officials called a “cruel Local grocers reported substantial | hoax.” price increases in practically all| Capt. Wiedemann, Adolf Hitler's meats, flour and sugar. [superior officer in the World War The retail price of canned goods and his close confidant since his rise generally remained the same as atop power, submitted his resignation week ago, despite heavy case-lot to the club at the reqeust of a telebuying, but local dealers were un- gram signed with the name of certain how long they would re- Frank J. Foran, club secretary. main stable. Mr. Foran, a wholesale dealer, promptly denounced a ‘rank forgery.” The news got out and to the press
(might decline to accept it. It had been engineered through
Flour Prices Up it as
Grocers increases of
from
pa of E J pound bag of flour. | thank the board of directors for the fo a , I Sar In lhe ro tact with which they handled a delew days has sent the price Ol a j..te situation. To save them from
J y y “ “y : 25-pound bag soaring, the increase further embarassment, I decided to ranging from 35 to 60 cents. ‘resign »
Grocers, pointing out that there is|
reported
10 to 25 cents Mn the retail pe jssued this statement: “I wish to |
Nazi Consul Bides Time In Olympic Club Hoax
we evn
mann maneuvered today for a pos- uss
declared his resignation had been i obtained fraudulently and that they
coal §
Fritz Wiedemann . . . appreciates ‘courtesies.’
High Pressure Methods of
| European war dd country’s
TRADE FIELD OF U, 3. CLEARED IN SOUTH AMERICA
Germany and Italy Expected to Ease.
By THOMAS L. STOKES Times Special Writer
WASHINGTON, Sept. 7. — The is switching this interest toward LatinAmerica. | Military necessity requires atten[tion to adequate defense in our | Caribbean outposts and the Panama (Canal, which President Roosevelt now has militarized, while Europe's preoccupation with war opens an opportunity to increase our trade in Central and South America, where Germany and Italy have been mak- | ing inroads by high-pressure methods, barter arrangements and propaganda. All these matters will come before the projected conference of American republics, for which negotia(tions now are under way and which |is expected to be held at Panama City within a month or so. There
no actual shortage of sugar in the| country, explained that the refiners are reluctant to dispose of their sugar stocks until the market stabilizes, and as a result, wholesalers are “rationing” the retailers. Some of the heavy buving of sugar was attributed to home canning.
Hog Prices Climb
The rise in meat prices was attrib- | uted to the livestock market situa-| . tion. Top hog prices a week ago| Miller, Indianapolis; Ruth Royer, | were $6.85; today they were $8.75 a | Spencer, Betty Ann Pervine, La-| hundred. Other livestock prices were fayette, and Wanda Yeager, Terre| up similarly as the result of de-| Haute. One of the four, selected creased receipts by the packers. on the basis of the best “4-H Club Lard prices, afiected by the live- Report,” will represent Indiana at stock market, were materially higher |the National 4-H Congress in Chi- | today than a week ago. Many cago, Dec. 2 to 8. grocers reported they were selling | Other 4-H girls who will repre-| lard at cost, or below cost. Some sent Indiana at the Club Congress| stores reported eggs up 2 cents a|in Chicago, are: Canning—Ruth | dozen. |Ratcliff, Martinsville; Julia Carr, | Butter prices generally were up Rushville, Marie Watkins, Terre | 2 or 3 cents a pound. A shortage | Haute, and Anna Louise Busby, An-| in the supply of navy beans was derson. Clothing—Miriam Clayton, | reported by several grocers. Linton; Jane Young and Estel Five- | Potatoes, Oranges Up coat, Indianapolis, and Geraldine]
| One grocer said he paid $125 a|MOW, Rochester. Room Improve-| bushel for potatoes yesterday and | ment—Mary Louise Foster, Con$165 today. He said he had increased his retail price from 29 to 35 cents a peck. He saic he was notified by a commission house today that the wholesale price of oranges had Jumped 50 cents a crate and cab- J bage 30 cents a bushel.
TRAQ OUSTS NAZI ENVOY LONDON, Sept. 7 (U. P.).—The Information Ministry said tonight that the Iraq Government had asked the German minister at Bagdad to leave within 24 hours.
Monrovia, Donald Brown, showed the grand champion ‘Chester |
White sow, “Perfect Lady.” The re- |
R. Corron, McComb, Ill.
was exhibited by Francesville.
Tomorrow Last Chance To See 1939 State Fair
(Continued from Page One)
the United States and its LatinAmerican neighbors will consult about their common trade and de-| fense problems, as provided in the declaration of American solidarity adopted at the Lima conference last December.
THE INDIANAPOLIS TIMES
THURSDAY, SEPT. 7, 1939
Ickes to Guard Natural Resources; DEWEY CONCILIATING U.S. Acts to Halt Food Price Increases > BEND BY PHONE
Government May Impose Rigid Control; Hoarding Held Needless.
(Continued from Page One) eral statutes profiteering. The President, however, was keeping in closest touch with the price situation and invited Secretary Wallace to lunch at the White House,
regulating war-time
presumably for a complete review |
of the background and causes of skyrocketing food prices. Mr. Ickes told his press conference: “I can see no legitimate reason for the present increase in commodity prices because of the European war.” Mr. Ickes named sugar as one of the commodities in which he indicated an artificial scarcity is being built up to boost prices. He said a study may be made of Federal powers to protect natural resources from exploitation. He said he anticipated attempts to exploit American oil, coal, timber, fish and mineral resources by war profiteers Fears Petroleum Coup much destruction
“Almost as
could be wrought to our national]
resources through internal exploita-
tion as if we were invaded by a for-|
eign nation,” Mr. Ickes said. “I am
apprehensive that there will be the
usual effort made by petroleum in-
Opportunity for U. S.
The declaration provided for consultation in case of a threat to
TODAY'S PROGRAM
Farmer's and Farm Organization Day. Judging of Belgian horses, Hereford and Jersey cattle, Spotted Poland China and Hampshire swine and Shropshire and Chevoit sheep. Grandstand — Grand Circuit races, vaudeville and band concert, afternoon; stage show and fireworks, 7:45 p. m. - Coliseum—Horse show, parade of champions, band concert, 7:15 Pp. m. Hoosier Music Festival, Building.
x OU
peace, security or territorial in-| tegrity, but with a definite under-| standing that the republics “will| act independently in their individual | capacity, recognizing fully their jurdical equality as sovereign | states.” Argentina balked at a more | strongly cemented pact among the | American republics at Lima, but] finally was brought into line for a modified declaration. The United States has an oppor - | tunity to improve its relations and | trade with Argentina in current ne-| gotiations for a reciprocal tariff agreement. Public hearings on proposed mutual tariff concessions will begin here at the State Department on Oct. 16.
nersville, and Charlotte Hinshaw, champion Poland China sow was [shown by Noble Allee, Greencastle, Battle Ground, and the junior sow by Oscar Anderson, Leland, TI. A. P. Stemen, Middle Point, O., exserve grand champion was owned by | hibited The and
the grand champion
the champion
Ww.
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ram ewe of the Lincoln breed of grand champion Chester White boar sheep. Buck & Doe Run Valley Farm Parkison Bros., owned Hampshire (ram, The champion ewe was owned The Buck & Doe Run Valley Farm (by L. T. Dwyer. T. C. Claspell, of Coatesville, Pa., showed the grand Oshawa, Ontario, showed the chamchampion Poland China boar and pion Cotswold ram and the chamthe reserve was owned by I. A. Wil- [pion ewe was owned by
liams, Liberty. The senior and grand | Bryan, Ft. Recovery, O. |chinery, textiles, office equipment,
Difficulties confront negotiation ot an agreement with Argentina because her principal articles of export—wheat and beef—can find little outlet in this country. But there are numerous articles which each can sell to the other on which tariff adjustments can be made,
Trade Experts Sent South
These include carpet wool, flaxseed, hides, among other of Argentina’s products which this country [can absorb, and, on our part, ma-
| petroleum products and others for [which there is a market in Argentina. Numerous government agencies are now engaged in promoting trade and cultural relations with LatinAmerica, all co-ordinated in an interdepartmental committee which has been very active recently. The United States has sent numerous trade experts to South American countries as advisers, as well as military and naval missions. Recently Secretary of Commerce Harry Hopkins appointed Dudley P. K. Wood, a New York business man, who has had experience in Latin American trade, as a member of his staff of business experts, Mr. Wood is devoting his attention to Latin American trade problems. U. S. Holds Lead
Despite much recent publicity intimating trade reversals, the United States still is far ahead in South America. Our comparable gains over a long period exceed those of Germany, while Great Britain has been losing. Last year, United States trade was 36 per cent of the Latin American total, compared with 25 per cent in 1913, while Germany's percentage of the total was 17 per cent compared with 16.7 per cent in 1913. nEgland’s share has dropped from 25 per cent in 1913 to 12 per cent last year. It is expected that Congress now will be more inclined when it returns to vote additional authority for loans to promote trade with Latin-America. Last session Congress rejected the Administration’s proposal for $500,000,600 for loans to South America through the Export-Import Bank.
WALSMAN, M'NUTT GET TAX POSITIONS
Membership of the County Tax Adjustment Board was completed today with the naming of John G. McNutt, attorney, and Albert PF. Walsman, City Hospital business manager, as board members. Mr. McNutt, 5438 Lowell Ave., was chosen by County Superior Court judges and Circuit Court Judge Earl R. Cox as a taxpayers’ representative to the body. Mr. Walsman was appointed by Mayor Reginald Sullivan as the City’s representative. He previously had served as a taxpayers’ representative, Other members of the board, which is to open its budget review session Monday, are Pliny H. Wolford, Harvey Hartsock, Carl R. Thorbahn and Frederick C. Albershardt.
PAY INCREASE ASKED BY MARITIME UNION
NEW YORK, Sept. 7 (U. P). — War developments brought a strike threat to ocean shipping today and at the same time the State Department began enforcing its drastic ban on American travel abroad. The National Maritime Union announced demands for a 40 per cent wage increase and $250 bonus for each man asked to sail into the war zone.
MYLTON'S S——— 2-PC. CIGARETTE SET % Complete
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terests to rape our natural resources |
for the sake of war profits.” Officials believed that retail price boosts, following closely the hoom in the commodities markets, are not the result of actual war demands from abroad. They attribute the increase largely to a speculative belief that war buying will come
[ soon, and partly to fear among con-
sumers—though Washington maintains this fear is unfounded—that shortages of certain foods are in prospect. Housewives who, World War davs, buy large supplies of sugar, flour and other staples may be hurting their
DETROIT, Sept. 7 (U, P)~Fed=
own interests, it was pointed Any tendency toward
ages and envourage price increases which the facts do not justify.
supply of foodstuffs is adequate and, of most commodities, much more than adequate; that there is no present extraordinary demand, either domestic or foreign, and no
will develop in the near future. The situation in brief:
remembering | unusually |
Paris Baffled
ASHINGTON, Sept. 7 (U.
P.).—The mission De Controle Telegraphique International in Paris__the censorship bureau—today ‘was having difficulty deciphering code messages from the United States. Ambassador William C. Bullitt informed the State Department
up an increasing number of cables from the United States because they could not be deciphered. The messages are for relay from France to neutral or friendly countries, but the bureau will not forward cable it cannot decipher. It suggested the use of plain English or French, or one of the regularly used approved codes.
By U. S. Cables
French Com- |
that he had been advised by the | Commission that it was holding |
French | any |
ket limit 25 cents a hundredweight |
leach of last four days; retail gro[ceries not yet reflecting price rises |in commodity markets; navy bean advanced within past wesk from $2.35 to $550 a hundred pounds, | NEW ORLEANS—Sugar retailed | 6 cents per pouna yesterday, an in- | crease of 1 2-5 cents over Tuesday;
| beans, bacon, rice, salt meat, but-|
ter, lard jumped 2 cents per pound yesterday. LOS ANGELES — Some public markets placed sugar limit at 20
oO)
Children's Hose First Floor
|
nerience
Rte IIL
These facts are, according to the report official view here, that the present edible.”
|
|
reason to believe that such demand |hundredweight
CHICAGO—Sugar advanced mar- iard and other staples.
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1.98 to *3.98-THIRD FLOOR ~
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FN | ” tL Haws JC LT 1 ED ,
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eral Labor Conciliator James F,
out, | pounds per person; white beans up | Dewey today carried on simultaneous hoarding | to $4.90 per 100 pounds com hy might create temporary local short-| to $3.65 Tuesday.
pared negotiations in Detroit and South h (Bend, Ind, in an attempt to avert d WASHINGTON, D. C. — Chain serious strike consequences fn the stores not affected but independents automotive and aviation industries, increase “virtually every| Officials of the ©. I. ©. United Auto Workers Union were called to BUFFALO—Food staples in gen- meet here wth representatives of the
eral advance 5-10 per cent last few Bohn Aluminum & Brass Corp, days; sugar up 2 cents per pound: shortage imported foodstuffs.
| where the union's nine-day strike threatened airplane plants relying KANSAS CITY—Hogs up $1.50 on Bohn plants for 75 to 90 per cent : yesterday, biggest of their bearings. Bearing shortadvance since last War; grocers re- | ages also threatened automotive port housewives buying more sugar, production, already stopped at Packard because of the U, A. W.'s strike BOSTON—Sugar up 1 cent peri at the South Bend, Ind, Bendix pound; retailers report 30 to 40 plant,
per cent increase in demand; beef,| Mr Dewey supervised South Bend lamb, porks showing seasonable ad-| negotiations by phone.
vances _ SE ST. LOUTS—Retail pork chops up| For DIAMONDS 10 cents to 45 cents since last week; | lard up 8 cents; beef slightly] higher, Detroit, Dallas, Moines, Philadelphia, Minneapolis, | Columbus and San Francisco all] reported increased prices and de-| mand for sugar, but no shortages
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