Indianapolis Times, Indianapolis, Marion County, 31 October 1940 — Page 26

Be INESS

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' THURSDAY, OCT. 81, 194)

Selling Electricity to Indiana's ~ Farmers Aided by Diversification

By| ROGER BUDROW INDIANA'S HIGHLY DIVERSIFIED AGRICULTURE

is a boon to the privat utilities and the Government’s Rural ‘Electrification Administration. The more uses there are for

: “electricity on the farm, the easier it is to convince farmers to go to the expense of| installing electric power. Field and truck crops, poultry, dairying and livestock

comprise most of the farming in the state.

for example, the REA reports

electricity can be used for feed

grinders, ensilage cutters, water pumps, stock tank water

heaters, milkers, utensil sterilizers, milk coolers.

he larger farms, it can be yashers and cappers. |

~ A recent survey of 4000 REA System members revealed 93% : hong i dios, 92% rn seize irons, % refrigera t o he 4 41% had|vacuum cleaners, 76% had ashing machines and so on. Mare than a tourin had electric [water

Fl Roger Budrow small portable motors, poul ry lighting. . A Decatur County REA installed an electric see sheller, elevator and graders to cut costs of drying hybrid seed coin. A Fulton County member aised eleclis to aid in propagation of millions of tiny celery plants. Rural hatcheries, nurserif ing plants, grain elevat

member

es, packors, saw

1. ¢'mills, CCC camps, coal mines, quar-

9 5 - fr A A 2 * y

“

-t ph

LI J ’

' steadily rising costs,.is ma

land reities are

ries, hotels, tourist camps tail stores in farm commu using REA power lines. | At the end of 1934 there were 123,500 Indiana farms receiving central station electric service, the! REA says. By June this year, 72,600 more farms had been oh to distribution lines. The REA claims credit for more than half} of this. Today, it reports, half of | Indiana bie. have electric powg ir avail‘able.

” o ” I THE BUREAU OF MINES is experimenting with a chimney device which vibrates an aluminum cylinder, producing high frequenr sound that, in turn, credtes high frequency waves. These are directed at the smoke, causing particles in the smoke to coagulate into hunks of soot, which fall air stream by. gravity. $ un

THE BIG QUESTION worrying

the numerous defense agencies. this | &

week is whether the nation’s capacity for steel-making ought|to be increased. If it is not to be increased, by building new private |or Gov-ernment-owned steel works, then there may be a hecessity [for Gov‘ernment rationing of steel for consumer needs. Rationing of steel wo 2 mean forcing some users to get, along without as much steel4s they could make up into domes refrigerators, furnaces, sfore and office x [would be ple wait (One of mplishing to shortht financ-

buildings and so on. It the same as making pe for their new automobiles the ways in mind for accqg it, if necessary, would be en the terms of installme ing.) ” 8 ” ODDS AND: Eos Oa ada will soon have a $1,500,000 oe plant, according to the Financial Post. International Harvester itl forge and machine 75-mm. shells at its| Milwaukee works, in addition. to making tractors, American Machinist reports. Principal problems confronting furniture dealers are increasing difficulty in Keeping up with orders and rising prices . Institute of Life Insurance reports that although women spend twice as much time as men in| the home, © men have more accidents. « The , automobile industry, in the face of

ces on its pt Journal 1lture De-

effort to hold down pri products, the wall Stre reports. The ‘Agric . ‘partment expects a “moderate” ins 1 crease in food costs during 1941. . . ; Aircraft stocks went higher yester‘day on reports Britain will build a «String of airplane facto forkes in the 8, New York orld’s Fair bondholders will receive| 39.2 cents on the dollar insfead of the 38.4 cents announced two wedks ago because of the large revenug¢ from gate receipts in the final week of the fair which closed Oct. 27 and the! _ lower-than-anticipated cost of demolishing buildings.

DAILY PRICE INDEX

NEW YORK, Oct. 31{ (U. P).— Pun & Bradstreet's daily weighted . price index of 30 basic commodities, compiled for United Press (1930- . 82 average equals 100): | § WeSterday seesevesssvespeess 12022 Week ago cessnivensrraeprees 121.38 Month ago ceererecasnecheres 118.34 "Year ago: Ciebesianeserhones 11791 1940 high (Jan. nk 122.34 1940 low (Aug. 19) <.euslocsss 112.42

rs are payin ct to marke their merits, yellow shelled shelled corn,

WAGON WHEA fianapolis Srain elevato 1 wh 8c: subi : other ras on corn: New 3 No 2 white oats,

BE TIMES Want Ad

I for

5 chile : 0. of 2 white! 30c. |

jut of the Gooa

. mediumweights

king every |}%

And on used for pasteurizing, bottle

PORKER PRICES RISE 15 CENTS

Advance Confined to Hogs Weighing. 160 Pounds > Or More.

‘A 15-cent advance was made in hog prices at Indianapolis stock=yards today, the Agricultural Mar-

, | keting Service reported.

The increase was made on hogs weighing 160 pounds or more. Lighter weights did not change in price. The top was boosted to $6.20 for good and choice 230 to 240pounders. Vealer prices were strong, the top

advancing 50 cents to $12. The Marketing Service reported 923 salable cattle were received here, 494 calves, 7600 hogs and 1100 sheep.

Top Repts. ..$ 6.05

* Top Repts.iOct. 11,313] 29 . 2 ; 35000 30 ,... 6.05 28... 615 12,475) 34 ..... 6.20 600 Barrows and Gilts | Packing Sows 1 | 270- 20. 6.00-

Oct.

5.85-

Ooo OouUo

6 6 6 6. 5 5 5.

= STs oom

2 Slaughter Pigs 160- 200. 5.40- 5.90! 80- 120. 4.65- 5.00

Slaughter Cattle & Vealers (Receipts, 973) Choice— Bulls 150- S00 $12.00-13. 25) (Yearling: excluded) 1325-14.00iG Good ....$ 6.75. 7.25 10{60-12.75 Sausage.. 6.25- 7.00 0. 12.75-14.00 Medium.. 5.50- 6.25

10.50-12.75]Good and 10.78-12175) choice.. 10.00-12.00 ommon and 7.75-10.50| LS 0 3.00. T0.79 glaedium. -. 7.50-10.00

i : 6.50- 8.00! Feeder, Sticker

(Receinte: 494) Steers. Heifers Choice— Choi 9.50-10.25

500- 800 500- 750 11.50-12.50! 800-1050. 9.50-10.25

0od— 500- 750. 10.00-11.50] 500- 800. 8.50- 9.50 | 800-1050. 8.50- 9.50

Medium— 5 00. 17.50- 8.50

900 6.00- 7.50 Calves (steers) Good and choice—

5 9.50-11.25 5.75- 7.50 Medium— | 500- 900. 8.00- 9.50 | 500 down 8.50-10.00 Calves (heifers)

1100-1300. 1300-1500. Mediums"

50-1100. 1100-1300 OMIM ON —= 750-1100.

Heifers Choice— 750- 900. 11.25-12.75| Common — Good— : 500- 900. 7.25-10.00| Medium— b Common-— 500- 900.

ws 6.50-

’ - od— 5.5) | 500. down. 8.50-10.25

common. 4.50- 5.60] Medium— Canner .. 3.25- 4.50, 500 down 7.50- 8.75

SHEEP AND LAMBS Cheselis, 1100)

Good and choice. .8 8. 118- 9. 20 Medium and good 8.7 Common 7. 3 7 Ewes (wooled)

Good and choice Common and medium ...oeeuee

CHICAGO LIVESTOCK

Hogs—Salable, 13,000; opening fairly active: steady to :strong; later trade .slow; some, interests bidding steady to 10 cents top, $6.20; bulk good and choice 200330 fi $606.15; mostly, $6.106,6.15; well finished 170-190-1b. averages, 3a Sasi most 300-400-1b. packing sows, $5.8 Cattle—Salable, 4000; hie 800: dependable trade on strictly good and choice steers, yearlings and fed heifers steady; other grades slow. weak; bestéfed steers, $14.50; several loads choice | light and $13.75 14.25; hulk Supply slaughter steers, $9.500112.50; several loads and lots common and medium, grade, $1 and below; bulk fed steers, $9.76 11.25; fat cows slow, steady; cannery and cutters strong; bulls steady; best (heavy sausage kinds, 2a 10; vealers, steady;

selects to $11 Sheep- 0 a. 3000; late |Wednesday fat lambs, strong to 15 cents higher; most10 to 15 cents up; §ood to choice, natives, [email protected]° top, $9.25; gogd to choice fed Western lambs absent: forays trade practically nothing done on [fal lambs; asking stronger or $9.25 and slightly above to choice natives: most early bids about 15 cents lower at! $9; sheep, steady; part deck good fed| .yearlings, $7.75; good to choice light slaughter ewes, $4.25; no action on feeding lambs.”

OTHER LIVESTOCK

CINCINNATI Oct. -(U. P.).—Hogs— Receipts, 347 2 weights 200 Ibs. up, 15 conte higher than Wednesday; lighter weights and sows steady; 100-13 140 1bs., $4.50@ 5.25. most good packing SOWS, [email protected]. Cattle—Receipts. 300: calves, 200; supply ST but and fairly active for offerings grading medium and better; bulk of run comprised canner to medium steers and heifers around [email protected]; oy good 860Ib. steers and ‘heifers. $11.5 Sheep—Receipts, 1000; 10 or slow and mostly stead to weak; sales good to. Shoice trucked in nearby lambs, $9 “a ) PT. WAYNE, ‘Ind, Oct. 31 (U. P.).— Hogs—Steady to 10 cents higher; 220-240 Ibs., $6.05: 200-220 lbs., $5.95; 180-200 Ibs., $5.80: 160-180 Ibs., 3 65: 240-260 lbs., 260-280 1bs., $5. 90; s i; . $5.80; 325- 250 1bs., S., 70; 150-160 1bs., 5.4 85.20; 130-140 1bs., $4.05; : 100-120 Ibs., $4.45. Roughs, 84; calves, $11.50; lambs, $9.

Co Clood .... Medium. . Cutter and

7.50! 6.50 Goo!

3.5 2.7

on good

early

$5.25; stags,

LOCAL PRODUCE |

Heavy breed hens, 12¢: bareback hens, 11c: Leghorn hens, 8c; bareback Leghorn hens. 8c: Barred and White Rock springers. 13c; other colored heavy breed springers, 12c: Leghorn springers, 1l¢; bareback springers, 9c: old roosters, 6c. Indiana Grade A large eggs, 27c: ana Grade A medium eggs, 23c; small Grade A small and No. eggs, 15¢; no

grade, C. Butter—No, 1, shag ac No. 2. 30%2@ 3c; butterfat, No. No. 27¢. (Country pickup ay quoted by the

Indi-

Wadley Co.)

NEW B5-ROOM house, modern, 2-car garage. Adults only. DR-4634, Ring 1.

Quickly Rented the House

If you he a vacant house just remember that TIMES Want Ads can do the same for

you as o the cost fo you is so

did for Oliver Dungan . . . and

small.

On dairy farms,|

13,840 | B 9044

‘Hazel At GI

second vice president.

Athletic Club, are (left to right) J. W. Larrew of Val . castle, president; Fred C. Richart of Evansville, chairman of the board, and Howard Bradshaw of Delphi,

THE INDIANAPOLIS TIMES Stoner Heads Insurance Agents

PAGE 25

New officers of the nds Association of Insurance Agents, elected yesterday at the Indianapolis ka of first vice president; Simpson Stoner of Green-

Net High Low Last Change —

Adams Exp .... 6% Air Reduc_..... 42s

Way . $2 AS bop 11 ww exh Lud Stl. 23% Alben Ne ...170% Allied Mills ... 12 Alp ha P C

8Y 2Y

4+: ters

4 13 Ja 1114 23% 170%2 12% 16% 61

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12% 16% 61

' FRESEES

3 Am 1

9 37% 94

8 2 Am Am Am Am Am Am Am Am Am Am Am Am Rad Tla Am Roll Mill .. | 15% Am Roil Mill pf Bn Am Set Am Am T

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Am Am W Anaconda Armstrong Ck..

Atlas Tac Aviation Corp..

to rt

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— BOG LI ~JOUTN ~~ UI=] A= 3

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86 Beth Steel 7 or 125% Blaw-Knox .. 955 Boeing Air .... Bohn Al&Br ... Borden . see 19 Borg- -Warner .. Bdgpt Brass ... Bklyn- M T .... Bklyn & Q Tr. Brown Shoe ‘ae Bucyrus Erie . Budd Mfg Budd Mfg pf ... Budd Wheel ... Bullard Da hs Bush TB pf ctf

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Callahan : Zinc... Can Pacific .... Carpenter Stl ..

EN ® Ne

Chrysler Climax Moly Co Col Fuel & Iron Colum Gas Col Gas pf A. Com Inv Tr... Com Solvents . Compt 2 = . omw & S § SO Fdison Cons Aircraft Cons Coppernms Cons Edison ... Cont Ba Cont Corn Coty Coty Jrown Crok ... Crown C cupfww Crucible Sti Cub-Am Sug of Curtis Pub ... Cu tiss-Wr Curtiss-Wr A Cutler-Ham

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17%

201 31, 2815 90 Ys

Davega cu pf.. Davison Chem. Deere & Co ... DlLac & W ... Diam Match .. 28'2 Douglas Airc ... 90'% Daw Chem «138 138 Dresser Mfg ... 23 23 Du Pont 1697 1697s —F— East Alr Lines: 31% 37,

Eng Pub S .... Equit Bldg ....

Florence Stove. 35 Foster Wheel .. 16'> Pw 5047 343 36a 50Ya 7 3Vs 35 2% 1315 18Va 5

35 182

Gen Am Tr ... Gen Electric .. 343 Gen Foods .... 36% Gen Motors ... /

Gobel, Hondeieh Goodyear Graham-Paige.. Granby t Nor . Sypman Air

Gu Ma Oh Bt

515 15% 17Y 1Y,

100 Hecker Prod 77% Herc Pdr 514 Household F of. 108% Houston Oil Howe ay “ui

DHE

751% 1063,

Inland St! .... Interlake Ir . Int Harvester. ! Int) Nickel Shs

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291% 267% 21% —Me—

2634 Vs

HHH

Maracaibo Ex .. Marine Mid ... Marshall Fld. 143, Martin (G) .. 327% Mathieson ... 30%

+: +1

ucts, the Iron Age said today.

basis, the magazine added. “Announcement of a Presidential decree setting up the machinery for a priority syste over all private industry and the/ appointment of a Priorities Board of the National Defense Advisory Commission was immediately followed by a fresh rush of steel orders, particularly from those cohsumers and distributors who had not hitherto provided ample protection against the future possibility of restricted steel supplies for non-military orders,’ the trade publication stated. : “It is suspected that a‘good many buyers are trying to obtain more steel than their prospective requirements call for, and to guard against such overbuying steel companies are carefully watching all orders. “Most of them -are not accepting any blanket commitments for the first quarter, insisting upon complete specifications and dates of shipment. It is believed in the industry that if users refrain from panicky buying there will be ample supplies for all consumers, provided delayed

| The

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N. Y. STOCKS

By UNITED PRES®

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS +0.79 —1.04 +0.12 —0.04

Yesterday ¥ Week ABD ...vvcessstsioness 131.36 Month Age Year Ago High 1940, 152.80; Low, 111.84. ‘High, 1939, 155.92; Low, 121.84. 20 RAILROADS Yesterday

‘y, | Month Ago 3

Year Ago High 1940, 32.67; Low, 22. 1s. High 1939, 35.90; Low, 24.14. 15 UTILITIES 22.14 22.18 22.00 25.88

40.25 -0.16 —0.02 + 0.15

Week Ago

High 1940, 26.45; Low, 18.03. High 1939, 27.10; Low, 20.71.

Net t Change

High Loy McKeesport 73% McKess & Robb. 5Va McKess & R pf 29! iami C .e JS Midcon et Midrand stl pf. 11% Mont Ward ... 39

5 “ Va Ya Ig 1

4| Nash- ely

Nat Acm Nat Aviation .e Nat Biscuit

Nat Da oe Distiliers .

Nat Nat pi Nat Magne in Nat Oil Prod.. Nat Sup 8 pf.. 40 Newberry Newport Ind ... N Y Central... NYJH & H pf.. NY Ship ..... Norf & est.. 218 Norf & W No Amer ¢ No Am Avn..... 8 Northw Tel ... 37 ——

Oil 612 Oliver Farm Eq 17!4

: Oboard Marine. 23'2

778 & 1 Pac Tin . Packard Pan Am Alrwys Sie Paraffine of ...102 Paramt Pict 83% Para Pic 3 pl - 0 Park Uta

Pac

Penn Peo

Phillips Pet .. Pitts Forgings.

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Pullman Pure Oil Pure O 6 pf ..

+11

Rey e hs Roan Antel ...

St Jos Lead ...

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Tex Thermold . Timk . Timken BR 8 .. 4713 Tr & W Air ..

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Und By Risl, Union B & Union DT wis Un Pacific .... Un Aircraft ... Un Air Lines . United Corp .. United Cp of ..

ROL BN = BDI HADI 0 be SBI NC ID S REES

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Yale & a Yellow Young Sheet .

147 a

Beli

* 1 :

4 Zenith Rad ..

Zonite 2Y% 2%

M anulacharers Rush to Buy Steel Supplies for Future

"NEW YORK, Oct. 31 (U. P) ~—Commercial steel users are beginning to show greater concern over future supplies because of increased national defense demands and lengthening of deliveries on many steel prod-

Steel ingot output advanced % point this week to 96 per cent of theoretical capacity, indicating another new record high on a tonnage

that continuation of this week’s rush of orders “will cause confusion and lead to formal priorities sooner than would otherwise be necessary.”

October business, the magazine] :

said, has been the largest for any

month this year, and some com-|: panies thus far in 1940 have booked|

as much business as in all of 1939,

even though September and October| of last year witnessed a heavy or-|:

dering movement.

"DOWNTOWN BUILDING!

Next door to The Times ® Convenient Location © 12,000 Square Feet ® Lease or Rent to Suit ® Office—Storeroom— Warehouse— Manufacturing

W. R. MULLEN 224 W. Maryland St.

deliveries are accepted.” ‘magazine warned, Bowave:

8 S. , | should be declared.

U. S. STEEL UP MORE THAN 33

Sections Join Rise Stock Market; Trade Is Active.

NEW YORK, Oct. 31 (U. P)— U. S. Steel common stock advanced to a new high for the wear today at 683% up 33% points (83.3712) to feature a broad, active advance on the stock market, Best gains were made by Bethlehem Steel at 88% up 3; Douglas Aircraft 9114 up 2'.; International Harvester 527% up 2%; Wright Aero 105 up 6'2; Union Pacific 84 up 2; Associated Dry Goods second preferred 86 up 5 and a new high; Sloss ShefTield 100 up 4%; Norfolk & Western 219 up 2; and General Printing Ink preferred 1097: up

All in

213%.

All sections joined the rise. Rails were stronger in response to a sharp rise in ear loadings to a new high for more than a year. Utilities firmed on the electric power earnings statement which showed a sharp rise. Oils, mercantile issues, amusements and coppers made small gains, Building issues did little despite highly favorable construction reports. iThe general advance which came after a firm, moderately active opening, was seen as reflecting the recent sharp rise in industrial production which now is placed at a

ain’s request for additional planes and cargo ships; and a strong technical position of the market. Part of the rise was attributed to Willkie strength.

JAPANESE TRYING

: TO BUY MORE COPPER

NEW YORK, Oct. 31 (U. P.).— Japanese interests have re-entered the U. S. market for electrolytic copper, informed trade quarters said today. > Tokyo buyers were said to be seeking 1000 tons of foreign-mined copper here in addition to the small tonnage bought recently around 11 cents per pound. It was pointed out, however, that

are more in the nature of options than actual sales, inasmuch as

21 they have an “escape” clause can-

celling the deals in the event a U. embargo on copper exports

In the domestic market U. 8S. consumers are showing continued interest in copper.

WHOLESALE PRICES CONTINUE UPWARD

NEW YORK, Oct. 31 (U. P)— Wholesale food prices in the week ended Oct. 29 rose to the highest

?|level since April 30, Dun & Brad-

street, Inc. reported today. The company’s index of 31 food

1*| commodities in general use for the latest week stood at $2.34 compared

with $2.33 in the previous week and $243 in the corresponding 1939 week. Increases for the latest week were shown by barley, butter, sugar, cottonseed oil, cocoa, eggs and rice while flour, wheat, corn, rye, oats ham, lard, potatoes, steers, hogs and

1 1a lambs registered declines. 8

U. S. STATEMENT

WASHINGTON, Oct. 31 (U. P.).—Government expenses and receipts for the current fiscal year through Oct. 29, compared with a year & a Year

Ris Yea ..$3.113.457, 738. a2 . 724.659.

Pub. Debt. 44.116, [8 330.55 Gold Res. .21,497, 353. 1614.20 Customs .. 98,617,117.84

INDIANAPOLIS CLEARING HOUSE

Clearings ... ....5$3,046,000

Debits ....

Clearings 91,944,000 Debits .....voniveinsis vierseens 237,961,000

FOREIGN EXCHANGE

NEW YORK, Oct. 31 (U. P.).—Following are noon cable rates on major currencies: Cable hates Net Chg. England (pound) $4.0 : Canada (dollar) taly (lira) Finland (markka) .... Switzerland (franc) ... Sweden (krona) Japan (yen). ... Mexico (peso) ..

-+.0000%2 —.00012

—.0005"

record hig hin many indexes; Brit-|ed

present purchases by the Japanese,

32 Bank Bldg.

UP-GRADING IS LATEST DEVICE IN PRODUCTION

Purpose Is Fast-Training Of Semi-Skilled Men As Substitutes.

By JOHN W. LOVE Times Special Writer

WASHINGTON, Oct. 31.—The old battle over scientific management draws to its close. With the blessing of a New Dealer and labor leader, Sidney Hillman, the practice of subdividing the factory job is being given a new name and incorporated into the national defense program, The new name is “up-grading.” The purpose is to train young men rapidly in large numbers for the thousands of new jobs for which highly skilled men are no longer to be had. The dearth of skill is one of the effects of the long depression, but it was something the administration was willing only this year to admit. Mr. Hillman, who is head of the labor division of the National Defense Advisory Commission, and still holds the presidency of the Amalgamated Clothing Workers, created a “training-within-indus-try” committee ‘and the committee recently announced a plan of “streamlined job progress” which breaks down into small parts what used to be complex handicrafts.

Unions Fought It

Though the purpose this time is the fast training of semi-skilled men as substitutes for men of alld] arounc¢ experience, the method is the same as that developed more than 30 years ago by such leaders in scientific management as Frederick W. Taylor. Labor unions fought it for years, called it| the doom of skill in industry. It! became the core of the system of continuous assembly and the production line. Today the defense program is laying hold upon this nettle, scientific production, and adapting it to the national emergency. The November issue of Fortune magazine attributes to Mr. Hillman the view that output can be maintained if industry will change its production methods to conform to the quality of labor available—+that quality being, in the main, the| lack of skill. The other solution to the scarcity of skilled labor, according to Mr. Hillman, is to move jobs to areas where trained men are, or wilh be by the time they are need-

Learns Next Step “In up-grading,” says the magazine, “a worker is not required to achieve great versatility, such as comes only from lohg experience as apprenticeship or journeyman, but is encouraged to make the fullest use of his highest skill. At the same time he is urged to learn the next and more difficult operation in his specialty so he can be stepped ‘up as scon as possible.” Instead of attempting solely to give young men three-year apprenticeship courses to fit them as allaround machinists and toolmakers, the training-in-industry committee is encouraging employers to set up courses on the lathe, the grinding machine, the boring mill, and so on, doing particular jobs like several of those on the machining: of en airplane piston. Work Is “Set Up” Skilled men “set up the work” they arrange the tools and jigs to turn out the product. “The new operator takes up from there. If the semi-skilled man learns enough of these jobs he can eventually qualify as a machinist. Under this system it is estimated that he | could achieve the goal in perhaps eight years, assuming he spent enough time on each machine to be useful in the production process. In as little as three weeks, or as much as four months, a young man can achieve as nich skill in his specially as a veteran. In| three weeks some men can do work on one machine, by working only on that machine, within limits so fine as to be measured in tenths of a thousandth of an inch, in other words in hundredths of the thickness of a cigaret paper.

ELECTROLUX PROFITS DIP NEW YORK, Oct. 31 (U., P)— Electrolux Corp. today reported net profit of $197,115, equal to 16 cents a share, for the quarter ended Sept. 30 compared with $294,389 or 24 cents in the like 1939 quarter. Net profit for the 9 months ended Sept. 30 amounted to $1,094,675 or 88 cents a share against $1,113,000 or 90 cents in the corresponding 1939 period.

Incorporations

Senack Shée Co... Missouri corporation; withdrawal from Indiana. Elwood Conservation Club, Ine. 1301 South K St. Elwood; no capital stock; to promote propagation of fish and game ‘and conservation of wild life; Herman Pace. Myrel Rose, Melford W. Leroy

Pace, Morris Hobbs. J East Chicago; dis-

The Hen- Ery, Inc., solution. Sims Mfg. Corp., Crandall: dissolution. I ary Building Corp., First National Mishawaka; agent, Irvin A. Hurwich. same address; real estate business; 450 shares of $100 par value; M. H. Cohen, 8. Coski, erron. Park Dental Laboratories, 5135 Hohman St,, Hammond: agent, Brown, 5141 Hohman St., shares no par value; to manufacture dental and surgical suplies; also deal in autos end accessories, etc.; Clyde Brown, Alice Mendenhall Charles Hov R. h McDaniel, Ft. Wayne: registration Ro wa ar “Have Us Check the Tires We Sell Qu,” class 34: belting, hose, machinery, Sacking and.non-metall c tires. -operative Investment Co., Hammond: fina dissolusion. Magnolia Petroleum Evansville; change of agent to TATE Wallon 855 E. Powell Ave., Evansville Possum Hollow Mining Corp., Jasonville: ffange of agent to F. M. Holl, 212 Ww. St., Jasonville. ME aid and Schaefer Co., Illinois corration; change of agent to Jacob 8. hite, 1511 erchants Bank Bldg, <dianapolis.

McCan,

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OUTFITTERS

MEN, WOMEN and CHILDREN

565,000 Workin Steel Industry

- NEW YORK, Oct. 31 (U. P).— Employment in the steel industry during September rose to an average of 565,000 employees, the fifth consecutive’ monthly gain, the American Iron & Steel Institute reported today. In August, an average of 360, 000 workers were on the industry's payrolls, while in September, 1939, em-~ ployment averaged 502,000.

DEFENSE HEAD 18 SUGGESTED

Commissioners Should Quit Private Business Jobs, Prentis Declares.

An executive head should be appointed to co-ordinate the efforts of the National Defense Advisory Commission and all Commissioners should divorce themselves from their private business connections, in the opinion of H. W. Prentis Jr. Mr. Prentis, who is president of

the National Association of Manufacturers, made these suggestons in his . address before the Indiana Manufacturers Association last night at the ‘Columbia Club. He did not suggest who should head the Defense Commission nor did he name those on the Commission who have not severed their private business connections. But he pointed out that all Commissioners should follow the example of Mr. Knudsen (formerly with General Motors) and Mr. Stettinius (former head of U. 8. Steel Corp.)

Warns of ‘Red Tape’

Mr, Prentis called for the elimination of “red tape” in the preparedness drive. And he warned that “diverting a substantial part of our industrial effort from peace-time purposes to goods for national defense means inevitably a lower standard of living unless we are all willing to work together. We cannot eat our cake and have it too.” The American people “must recognize that there is no substitute for personal sacrifice, toil and devotion. In that connection I sometimés almost wish that for our national good we could by some miracle be forced to live for 24 hours here in America under the rule of a Hitler or a Stalin or a Mussolini; newspapers censored, academic ‘freedom gone, all teaching except in accord with the ideas of the dictator, suppressed; religious liberty vanished; concentration camps filled with political prisoners, our unemployed—sad as their lot|o may be—at forced labor under guard of soldiers with loaded rifles and fixed bayonets, as the tens of thousands that I saw three years ago working on canals and railways in Russia! “At the end of a day of such purgatory how quickly every patriotic American would be galvanized into action in defense of the principles of the American ‘republic! How cheerfully he would devote his time and effcit to preserving the precious values of freedom to which today he scarcely gives a fieeting thought!” Walter B. Stephenson of Marion, second vice president of the Delta Electric Co., was elected president of the Indiana Manufacturers Association, succeeding E. M. Sims of Elkhart, Metal Forming Corp. president. Officers re-elected include J. Henry Schroeder of Evansville, first vice president; J. H. Kempster of Buffington, second vice president, and I. W. Lemaux of Indianapolis, treasurer.

COLUMBIA l ASSETS OVER 155 MILLION *

NEW YORK, Oct. 31 (U. P).— Columbia University and its five affiliated institutions have estimated capital resources of $155,071,205, the university announced today. esources include capital endowments of $87,995258 and land, buildings and equipment valued at $59,163,263. In the last fiscal year, the university’s budget aggregated $14,929 9186. Affiliated schools are Barnard Cullege, Teachers’ College, College of Pharmacy, Bard College and the New York Post-Graduate Medical School, all of which are educationally a part of the university system, but under separate financial control. The New York School of Social Work, which joined the uni-

. | versity in June, 1940, is not included

in the figures. The reports disclosed that living alumni and former students of the university, including Barnard and Teachers’ College, having passed 100,000, comprise the largest body of its kind in the United States. Last year 31,411 students registered in schools of the entire system.

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$5,803,900 OF STATE'S FARM PRODUCTS SOLD

Government Agency Report Covers All Purchases Since 1936.

Times Special LAFAYETTE, ‘Ind, Oct. 3l1.— Between the first of '1936 and the middle of this September the Gov ernment bought more than five million dollars worth of Indiana farm commodities, according to information received at Purdue University . In addition to the $5,803,900 purchased by the Surplus Marketing Administration, thousands of dollars of Hoosier-produced commodities were purchased on markets in adjoining states. Amounts purchased of the various products include 150,668 bushels of resh apples; 250,000 pounds of smoked bacon; 40,000 pounds of dry or bellies; eight head of cattle and calves; 26, 170 barrels of wheat cereal; 29,900 barrels of corn grits; 21,700 barrels of corn meal; 11,600 cases of shell eggs; 455,000 pounds of dry salt fatbacks; 614,713 barrels of graham flour; 496,902 barrels of white flour; 576,000 pounds of smoked hams; 10,040,000 pounds of lard; 522,000 pounds of dry skim milk; 84,400 cases of evaporated milk; 16,410 cases of canned peas; 99,000 pounds of smoked picnic hams; and 56,539 bushels, of wheat for flour,

UPTURN IN STOCKS AIDS WHEAT PRICES

CHICAGO, Oct. 31 (U. P).— Firmness borrowed largely from the stock market carried wheat futures fractionally higher on the Board of Trade today. Price movements in other grains were narrow. At the end of an hour wheat was up 1s to 5 cent, Dec. 83%. Corn was unchanged to up 3 cent, oats off 1%, and rye 14 to 3 cent higher. Soy beans were up ! cent. Wheat scored an early upturn bub lost it under selling attracted by the somewhat better prices. The second upturn appeared = better founded. Mills were on both sides of the market ahd some selling in the May position was régarded as hedging.

LOCAL ISSUES

The following Jucstasions by by the Indiane apolis Bond & Corp. do not merely sent actual i ot offerings. but mere 3 indicate the approximate market 5 sed on buying and selling tations recent transactions. Stooks Bid Ask "Agents Finance Fore oom Belt RR & Stk Yds Belt RR & Stk Yds oid ‘Bs.. Central Ind Powe I pid Hook Diug. In Home Ft TA id pid, Ind Asso Tel Co of.. Ind & M Ind 5 Serv 6% pfad Indpls Gas com Ind Hydro Elec » Indpls P&L com

Lincoln Nat Life Inc com..... N Ind Pub Serv 52% pfd.... N Ind Pyb Serv 6% pfd.. N Ind Pub Berv. 7% pfd

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Terre Haute Ele Union Title Co co van Camp Milk pd. Van Camp Milk co

American Loan 58 51. ‘ American Loan pe a“... Citizens_Ind Tel 4Yas 61 Crabbs-Reynolds-Taylor §s 42 3 a A

ndpls Railway Inc 6s 67... Indpls Water Co 3Ves 68..... ipierstate T&T §las

Kuhner Packing Co 4Y% Morris’ 5&10 Stores 5s ; 45uncle Water Works 2? 6. : A Nat ig] Hosiery 5s 4 wean Ind Pub Serv 3%

Pub Tel Co 4'as 55 Richmond Water os 5s 57.. Trac Tern , Corp Ss

— FOOD PRICES

CHICAGO,, Oct. 31 P.).—Applés—e Wisconsin Mackintosh, Th ‘81. 3082. —Michigan, bu., 40@65c. Tomat fornia, pa 81.5032. ae I oom, bu., 25@40c. Caulifiower—New York, crates, $1. Carrots=—California, crates, [email protected]. Léte tuce—California, crates, [email protected]. Sweet Po= tatoes—Tennessee, bu., 90c@$1.25. Onions (50-1b, sacks) Indiana Yellows, 57%¢; Colorado Sweet “Spanish, $1.02'[email protected].

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