Indianapolis Times, Indianapolis, Marion County, 19 May 1941 — Page 17

_lswill have too much defense work to

‘MONDAY, MAY19, 1941

\ BUSINESS

A Year

Today U. S.

By ‘ROGER BUDROW

“IT HAS BEEN JUST A YEAR NOW since President Roosevelt called upon industry’ to rearm America. It hast been a year of pany headaches but also a year of muuch

~ accomplishment.

There were and are labor asdblems to be solved. Short. ages in some materials, notably metals, developed and they had to be rationed.. The Government changed its estimates on what was needed several times, each time putting a

JURISDICTIONAL |

heavier load upon industry.

Where do we stand now ? This} country turned out’ ‘nearly 1500% planes, mostly fighters, last month. A year ago Wwe. turned out. only 450 anarr planes. By October this year . 2600 military planes will be rolling out each month,

Last year this| -

country delivered a: meager 53 merchant ag This year it will be 115— Roger Budrow 4 ji is only a ‘beginning. Whereas only 12 months ago there were only 83 privatelyowned ways (where ships are built) in the U:'S. today there are 234 ‘regdy or under; construction and 60 more. cortemplated. Beginning almost from scratch the tank makers in Indianapolis; Hammond ‘and the East are now getting into quantity production. Cannon, anti-aircraft guns, rifles, maghine guns and ammunition are pouring out of Government arsenals and the new private ones, too. In some instances, American industry is behind schedute. In others, however, it is ahead of schedule. The country has reached now the place where all the plans of the last 12 months are showing real results. : : » * ”

LIFE ‘INSURANCE companies paid oul nearly 17 million dollars to Indianapolis residents last year, according to the National Underwriter's compilation. There was one claim here for more than half a million dollars but the name of the per who had taken out. that much insurance was not revealed. Ft. Wayne followed Indianapolis with nearly three million dollars in clakns, South Bend 2% millicn, and Evansville, Gary and Terre Haute, all. between one and two millions. The state total was 58 million. 2 t 4 ” ca ARE THEY COMING home to roost? That is the question the Indiana Food Merchant, omeisl jour ‘nal of the Indiana Retail Groce} ° and Meat Dealers Association, ask Here’s why: "Food manufacturers have flooded grocery stores for many years, the articles says, with glassware, scissors, hosiery, ‘kitchenware, . beach balls and so on. Now a chain of ' automobile accessory stores is offering 24 cans of assorted. vegetables with a’ coil innerspring mattress, and so on, scaling the offer down to orie can of vegetables with a 98cent. alarm clock. The-aute chain says it has ‘bought 31 carloads of tomato juice, sweet ¢orn, peas, pork and beans.

ODDS AND ENDS: The oil industry, giving up many tankers: to Britain, is considering building & 2000-mile pipline (longest in the na= tion) from Southwest oil fields to the Fast. It would cost $60,000,000 to $75,000,000, take six to nine months to build. . Bolivia will sell all its wolfram, ‘source of tungsten, to the U. S. instead of accepting Japan's offer. . . . There are hints in Washington—but only hints so far—that after Aug. 1 the automobile makers

be building cars for civilian use. ... Timken Roller Bearing has eliminated what the OPM calls the «week-end blackout” and is now in continuous operation 24 hours a day, seven days a week. They rotate four shifs. . Fisher Body Corp. is going to build a factory in. Tennessee

right back, pointing to: President

‘Iployers and employees.”

prescribed field of work as w the public interest is invelved,

Ago Defense Was a Plan; Is Rearming ast

STRIKE STUDIED

Mediation Board Barred Unless - Employer Is involved.

By FRED W. PERKINS Times Special Writer WASHINGTON, ‘May 19.—Defense officials are working on a plan for handling the most troublesome of labor rows—the jurisdictional dispute. This is the brand of controversy that springs up: frequently—usually

is going to do ‘a certain piece of work, & question in which union business agents show lively interest. A week ago: the Labor Department certified tothe. National Defense Mediation Board asrow it had been unable to settle between the machinists and. carpenters, both of the A. F. of L., ovér who was going to install machinery in the St. Louis plant of the Busch-Sulzer Co., which has 14 million dollars worth of Navy-orders for Diesel engines and ammunition hoists.

Case Sent Back The Medition Board sent the case

evelt’s executive order’ creating the NDMB, which limits its field of work to “disputes. ‘between em- » The employer, although obviously caught in the middle, was not formally recognized as a disputaht in the inter-union disagreement. Thea public, through the national defense program, also ‘was in the middle. High government officials, it is understood, -have now recommended to the company that it contract

> | machinery.

strike. attempting to stall the other work in which members of their| union are engaged around the plant, the employer may be recognized as a party in the controversy—and the National ‘Defense Mediation Board will be in position to decide that its as

Second Case Looms

The same kind of dispute has been reported to Government officials as imminet in a new airplane plant which the Defense Plant Corp. (A subsidiary of RFC) is building near St. Louis, at a cost.of approximately $14,000,000. , .'Thé new. plant is to be operated ‘under lease by the Curtiss-Wright Corp. and has ‘been expected to

of training planes and bombers—20

more than a thousand such craft. : Within a week the new plant will

chinery, but the machinists and

plant—are quarreling about who gets the job. As" described to officials heré, the situation is: “If the contractor uses machinists, the “building :trades uniors on the new construction are likely to go

our: production people are likely to

to make gitplanss.

go out on strike.”

—Ask to See the “Clifford WATCH at EASIEST TERMS

IT STORE CRE Theater Is Opposite Us

129 W. "Washes

ELINED EPAIR " EFITTED | Women's

LEON 27052052

rove ors $1.00, $1.41]

'KINNEY'S so son

INDIANA MUSIC GO.

115 E. Ohio St. LIL 4088

USE YOUR CREDIT at

NMIOEEIINS CLOTHING COMPANY BIW. W SE Directly Opposite Indiana Theater

~The: same. high quale ity k but to’ Inérease in

HATS $2.95

har, Levinson SIOR, S.

And

GEO. J. EGENOLF

FUR COATS Largest Selegtion'\ in ithe Stet

LHR FUR HI

29-31 East OHIO St.

LOANS THE INDIANA TRUST co. Allied W

th...

The Merchants National Bank |

“MACHINIST 185 W. South’ u2nr

WHILE THE REST OF

THE TOWN SLEEPS HAAG'S ALL-NIGHT DRUG

Exacting vs waa REPAIRING OWEST PRICES si LEY JEWELRY CO.

113 W. Wash; © 5 Lincoln Hotel Bldg.

Your Hobby, Tes : Y ' MOTOE. DRIVEN : TOOLS Exclusively at

VONNEGUT’S 120 E. Washington St.

a oodworking i

{ KNOERLE TIRE HS a ;

2421 MN. Meridian St.

FUSED TIRE BARG

S 0000s 0sno0te

-GOODYEAR

between units of the American Fed- | : eration of Labor—over which union |

with" the machinists to install the|g

If the carpenters then call .a]

a day, on & program not involving o

be in shape for installation of ma- Son

carpenters—as at the Busch-Sulzer |“

out on strike. If he uses carpenters, Som

. = n

Heads Travelers |

; Herbert 8. Wallace of “Muncie “is the new president of the Indi-. ana division of the Travelers Profective Association of America. He was elected at the annual convention at French Lick. *

HOG PRICES RISE 10 T0 13 GENTS

Top Paid Here Boosted to $9.20 as 9000 Porkers - Are Received.

HOG PRICE RANGE ~ Top Receipts May BL A FA +3535 1,500 May 12 ... . 8:85 9,290 May 18 ceesescsetncecsnsess 9.00 9,177 May 14 cicocceescocacscsse 9.15 10,251 May 15 .. 9.05 11,935 May 16 ..cecoevcccecccscess 9.15 8,245 May 17 ssvsiencesircinsceves 9.18 1,500

evev0vsggec0ane

®0ve00000000000000

Hog prices at the Indianapolis stockyards rose 10 to 15 cents today, boosting “the top to $9.20, the Agricultural Marketing Service reported. Vealers were unchanged from Saturday’s prices, the top being $12. “The marketing service estimated 1500 salable cattle were received here today, 700 calves, 9000 hogs and 100 sheep.

--. Saturday, May 17 HOGS and Gitte

120- 140. pe 140- 260.

835535553

ediu 160- "180 ‘pounds .......... vie

Packi Good and Cholce— ching Sowa

‘00 «IN @

000000000000

pounds pounds pounds pounds

edi 250- "500 pounds

ececcseevtccee ®e0csccsectas

7 a 7.10@ 1.95

sscs0csserose

si HeRter Pigs Medium and Go ule or Thay ound

90- 120 p 1.00@ 7.85

CATTLE Slaughter Cattle - Nealary (Receipts, 100)

Cho 500 90 oo “pounds eens

eesloos 1 900-1 OBR £, eo 8H Ho 300 1100-1300" pound ses 11.0 2 12.75 1500-1500 pounds ...ceecec.e. [email protected] 11.50 11.25

750- 900 pounds. ve.cccecssses «10.28 foro Ponds, 1a a1t00 bounds . 130-1300 pounds .,. [email protected] [email protected]

Mediu 750- 1100 pounds ..ececocsccss 8.75@ 9.75 8.00@ 8.75

3100-1300 ) pounds A

750-1100 | pounds ’ roan Steers, ‘Heifers

Chole . oa 50 pounds nl 11.90912.00 Cone 750 pounds ..... seseeee 10.25@11. P Heifers ee 3 "»

Chot “750 ~%00 pounds .....ce00000 [email protected] & Medium 900 pounds. sessccensnss 10. [email protected] 1900 poOUNdS c.cocecscenne 9.00910.25

ceeecse0ente 8.000 9.00

start before July 1 in the production | Good—

at eans 5 vos vu inus ith 1R8 1k DE ns ) -.(Yearlings excluded) 0000000000000 000 8.

| sHevs0sssessiessntsne “8.25@ 8.75 wr PRES gin in

. i .00 , 11. 00 i

11.35 11.25

10.25 1038

0000000000000 8.715@ 9.60

«000000000000 1.780 a. Calves (steers) Good and choice— 500 pounds dOWN........ ess. [email protected] Mme 4 [email protected] poun OWB es seinoes os 9. ves (asifers) and choico—

Good 500 pounds dOWR......see0... [email protected] adium— 509 pounds down ........ HB [email protected]

SHEEP, LAMBS (Receipts, 0) < Lambs (Shorn) Good and choice. Ce eeian hess 9.00@ 9.50 11a 3 ? 3000 &

Feeder and Stocker Cattle 8 (Receipts, Steers

oe 300 pounds 800-1050 pounds ood

sscc cece 10.28: sceccc0 scene 10. 25

e00e000000000 9.80 0000000000000 0.50

“500- 800 pounds 800-1050 pounds Medi

Medium and g00d.s.cosecveie. Common . 6.50@ 7 Ewes {Wosled) 3 Good and choice........... o Common and medi! Verses

{CHICAGO LIVESTOCK

- Hogs—Receipts, 13,000: few early Sales and bids around steady with last Friday; good and choice 180-300 1b. weights, [email protected]; some held above $9.15. Cattle—15,000; calves, 1000; sheep, § 5000.

LOCAL ISSUES ‘Saturday, May 17 tations by the India fy 0 0

Te not repre. |l1and sent actin | price of offerings, bu ‘but. m indicate proximat ke Pacens ‘hans ying an an a selling marke of yr rv Bid

rt lio follow 8

[igerts Finance Co. Inc., com. Agents Finance Co., & Stk Yds com....

4 G&L 4.8% pid . es Haute = d% pid... fon Title Co Sot n Jesesesces 2 Oeio £ sssecoce amp b Milk COM ,ocvoboe Bonas 3)

_ SERVIGE_STORE _

a Sof $30 w oval $30 ww

. M18 7-16 7-16 +1-16 HTH TH

Atchison ....

5% 20

ia a —Cin

Bangor & as . 5% Barnsdall oe % -

3 Ins ont Oil Del ..

Curtis Pub ... Curtiss-Wr .... -8

Davison Ch cove 1% — ne

| El Bw wal 38 El P El PRSL Eng Pub Ex-cell-0 Rietlls sic oo 34%s a

: 2a

ot A %

t Harvester . . 48%" jut Nickel 241s - 24 Int R C Am pf. 34% 34% — Kelsey Haye A 14 14 Kenneco iid 8 . 353% 35% Kinney 5 pf... 37% 374

hh es 108% ’

. . eas, ESI ©

Gén Baking .. Gen Electr 2 . Gillette 8 R Greyhound cp . . 10

[3% +H

Hupp Motor

Loew's pt Macy NR Ward

he i aa St Nat Sluis . 15%, Nat Cash Reg 11% Nat oy sve 13 Dep St pf. Nat Dhatillers. . Nat Pwr & Lt.. 4 NY Central Pee No Amn Avn .. 12%

8% 19%, 6la 12Y2 12%

Lr +

Ohio Oil ....... 8% 8%

WASHINGTON, May 19 (U. P.

Bank and Stabilization Fund, is finance non-military -operations of

war suppiies. - Great Britain, the principal beneficiary of the aid to the democracies program, has concentrated a staff of high ranking financial experts in Washington and New York. Dr. T. V. Soong, the leading figure in Chinese finance, also is here. Among the British authorities here are: Sir Frederick Phillips, Undersecretary of the British Treasury; Sir Edward Peacock, a director of the Bank of England and now supervising the liquidation of British. direct investments in this country; T. S. Carlyle Gifford, a British financial expert now in charge of

the United States held by citizens of the United Kingdom; Sir Clive Bailleu, head of -the British Purchasing Commission‘ and charged with thewesponsibility of seeing that British orders for- which the United Kingdom is paying are filled and delivered as rapidly as possible; Arthur Purvis, head of the North American Supply Council, the parent body for the various British supply missions; John Maynard Keynes a renown British economist d advisor on internal revenue to the British Treasury; Robert H. Brand, a director. of Lloyds’ Bank in London and now serving as the head of the British Food Mission; Sir Arthur Salter, Parliamentary secretary of the British Ministry of Shipping, working on the formation and operation of the emergency 0 [shipping pool. :

Soong, president of the Bank of China, recently concluded in behalf of his, Government, an agreement that put up $50,000,000 in S| American dollars to be used to stabilize the Chinese yuan. The Belgian Government, as well as the Dutch, has financial leaders in the United States. Their efforts are concerned principally with their colonial possessions outside the Axis sphere of .influence. The British, at the outset of the Lend-Lease program, had approximately $900,000,000 in direct investments in this country, according to informed British sources. The proce ess of sale to. American holders has been diluted somewhat by participation of - thé Reconstruction Finance Corp." which, in the case of Brown & Williamson Tobacco Co., adv: anced a loan instead of making an outright sale, | Despite the concentration of Brifish financial paower'in this country, some ranking British fiscal experts were reported to. be opposed to

0 |erties which have been yield substantigl profits. ing

For example, the Treasury is in-|o

held soap ‘products manufacturing in: nie country. The British,

purchasing commigsions, maintain that the American Lever firm is a subsidiary of a Dutch adjunct off the British firm of Unilever. The ted States, on the other , is seeking to clear the status|ri of the firm so that it might be established to the satisfaction of our|a own fiscal authorities in connection with the.payment for large British war-materiel orders for which this Government has assumed responsi-

i7 (bility.

CHICAGO GRAIN Opening prices today on the ChiThomson & McKinnon, were: as May July Sept. $. 290.9% 8. 014 @.07%, $.98%@. 08% 13% «13% 35% S43 58 58%

J to o JGal T po nc pi 0 Sinton Sally od 8 heat and paid 890 per SiR Sg dh llow co od 5 ite elled corn, 30: No. 2 w

THE INDIANAPOLIS TIMES

NY, STOCKS

By UNITED PRESS

. Net High Low Last Change

‘I Week ago

Vadsco Sales... 8

s | Warner Bros...

United States Am the Democracies’ Counting House

liquidating indirect investments in

liquidation. of their American prop-|s

vestigating the status of Lever|{i"w Brothers, a prominent but foreign- | Zephy

cago Board of Trade, as reported by’

DOW-JONES STOCK AVERAGES : 30 INDUSTRIALS cecssesesssess 1161 +0.25 cesisssessnsees NTI. ~—0.40 Month ag0 cccccosecccsonses 116.06 —0.09 Year a0 ......c00 Sasecain. 122.43 Unchd. | High, 1941, 113.59; low, 115.30. High, 1940, 152.80; low, 111.84, 20 RAILROADS 3 : sesdesunasssassns: 31.83 28.88 21.71 23.93

Saturday .. Week ago ..

Saturday Month 250. ates Year ago . High, 1941, 20:75; low, 20.54. ‘High, 1940, 32.67; low, 22.14. 15 UTILITIES 4 siiassensessascass 19.28 11.46

Saturday ‘Week BEO csceseccccnsossoce: MODtE ALO cvcccocccoccsssee *18.10 YEAr B80 .qeccovesrsencasss 10:40 High, 194%, 20.65; low, 17.31. .. High, 1940, 26.45; low, 13.03.

: Net 4 High Low pest Change

IB 1s

I. 81% ‘ay ib Serv 8 pi 13895 139% 1 Pub Serv 5 pf., Bt 1 re Oil 9

Ruberoid RustlessI&St ..

— Searg Boebyek. ns

Std Brands . Std G & E .... Swift & oid “eee Swift Intl ]

fexa Corp. .. 39%, ex om : i

Union B&P .. Union Carb ... Un Pacific .... United 2 United Fruit

Uv Ri U 8 8

5-16 -

33%

Woolworth .... 27%

Yellow Tr o... 123

) —The United States today is the

counting house as well as the arsenal and larder of democracies. A survey disclosed that this country, through its Export-Import

putting - up millions of dollars to democracies in both hemipsheres in

addition to the workings of the Lend-Lease program which provides

TWO STATES LOWER BARRIERS TO TRADE

Times Special WASHINGTON, May 19.—At least two 1941 "legislatures have taken steps to lower trade barriers that have been interfering with commerce between the states, Paul T. Truitt, chairman of the Interdepartmental Committee on Iuterstate Trade Barriers, reports.

“Notable 1s the upward revision of the Texas 7000-pound truck load limit daw to 38,000 pounds gross weight,” said Mr. Truitt, “This has been an issue of 10 years’ standing. “Tennessee repealed a 10-cent per pound excise tax on oleomargarine made from domestic fats and

ing this action, it is reported that over 900 new oleomargarine retail outlet licenses were issued in that state. The indications are favorable for the repeal of a similar 5-cent per pound tax in Oklahoma at the present: session. “Action similar to that represented in these cases is definitely in the direction of freeing interstate commerce from trade barrier restrictions.” ‘Mr. Truitt called the barrier situation grave, but by no means hopeless. He said that, “because of its close relationship’ to individual livelihoods, to the problem of raising local government revenues, and to the whole question of the functioning of our national economy,” it “demands careful analysis befare well-considered steps toward corfeotion may be taken with confience.”

DAILY PRICE INDEX

NEW YORK, May 19 (U. P.). — Dun & Bradstreet’s daily weighted price index of 30 basic commodities compiled for United Press: (1930-32 average equals 100): Saturday S0c00c00c0000R0000CDS 135.11 Week Ago wesscisovsssssssevs 133.03 Month Ago eescccocoersesnse 129.12 Year ‘Ago ®e080cc0cctenoRsRde 116.52 1941 High (May 14) 0ereninse 136.43 1941 Low (Feb. 17. setibe sabes -123.03

Incorporations

Defenders o Democracy, Inc, 14 W. -8t. ianapolis; no capital Jrock; aite er, Sean Ige os yaya

Wi . View Fark alts Corp, 6503 N anapolis; gent Ch HE a ana hor Ind dianapolis; ois without ae “value; Se business; H. L. Horton, C. W. Have m. F. Newman, yr Jnsutance ‘Agency, Inc, 3154 N. Indi BDapolis; | agent Charis oodlawn Indisnap-

oy Reystone 8th evi,

lis; 300 sh according to spokesmen for their | Wi. = Newn

k J. Weber, no par value; yal estate and building “business: Rhett ae ne. Gertrude Canine, Bern

i: Fimo fun ot yalue Sa:

metal an arin 18, oto: richare ® dawre nce

e Hay-Weaver Co.

th Bend of T023; 860 Sh

shares pre-

makin Trust 3% Blog. oy

fh of of of ba

Ino., _Dickinso Sot, WJ Ba Har:

3g os shiares » preaanuinctyr uring Jaterials, Butts

ticles seceptin Corperation Ac ferred of $100 8 ond 500 shares contmon no var value; be hereinafter

co. Inc.

« «+ for HOME LOANS

at LOWEST RATES & NO RED ‘TAPE

known as D.

116 N. Delaware St.

1ing out” more of its arm:

{2 [such coercion as can be {2 [the OPM, the,

: suggest the advisory

oils. In the first two" Weeks follow-

MORE FARN NG

ouT IS 18 URGED

If Threats. Don Don’t Work, New. Defense Satup Way Be Needed. By JOHN ‘W. LO 'E

; Times ‘Special Writer : : WASHINGTON, May 19. = If

| American industry can’t be persu-

aded into splitting up ad “farmnent conition will nse setup

tracts, another reorgani: be necessary in the def in Washington. Members of the Office tion Management have ing tough to industry late ening to use compulsions idle metal-cutting machi: nation into munitions -

{ Produc-

¥ threatfo get the ary of the|: ‘ork. ‘But applied is likely to be tried out fist within Army anc Navyg=in the shape of a revampin: of armament purchasing.

One direction: it may fike would be to put more productior men into the armed services them: :lves, give

through the factories in much| greater volume than hs; yet been | shown. Some of the extremists in the defense organism even go s¢ far as to system be abolished and a straight-line military authority take.over the whole job of procurement, as in Germany, the dollar-a-year Americans becoming ' temporaty miijors and colonels, regardless -of physical condition or previcus milita: vy experi-

ence. Results Disappoint ing

This is\only another way. of saying the advisory system of defense organizations here, set ur along original lines by. President, Roosevelt, is not yielding the arms yroduction its leaders think the g swing international hazards dem nd. The trotible arises from the size of the production job in a r iechanized & | war, the fact that the Army and ® | Navy don’t have enoug i men of mechanical and producti m experience, and from the inabi ity of the numerous - advisors to persuade enough industrialists to issume all the risks. involved in spr iading out the work: Too many of t! ese manufacturers are still refusin: to urider= write the skill and labc * relations of the subcontractors. :

' Mechornay Is Le: dor

The great size of the industrial job is suggested by A. R. Glancy, chief of the OPM’s orc aance section, who recently said 5 would be the work of 5000 men 0 industry just to serve one .50 «aliber gun firing steadily, and that :ven Henry Ford’s 100,000 workers in Detroit could not make ammuni'ion enough to keep one battery of three-inch he guns gol: Z all the e. The talk of using co: ipulsion to get the defense work ¢ vided: into small quantities and spr¢ad out into small shops originates with the members of the Defen:: Contract Service of the OPM, hea: ed by Robert L. Mehornay of K nsas City, Mo. One form of compl sion would be to write into the cor iracts with manufacturers the requi: ement that

een talk-}|

them rank in the ordnarni:e depart-| s |ments, and let them pus: the work|

“Atlantic Seaboard.

Fa DC A Ri

Joins Pettinger :

NEW ANTI-TRUST ATTACK HINTED

U. S. to Probe Practices Grown Up Under. Fair Trade Act.

By DICK THORNBURG 2 i Times Special W ritee -

tack on monopolistic practices which have grown’ up under protection of state “fair trade” laws will be made soon, by the Anti-Trust Division of

-| the. Department of Justice, it was

|learned today.

Lestie ‘Delmege, | Cleveland ad vertising executive, has joined the Indianapolis advertising agency of Charles J. Pettinger, Inc, as an account executive.

SOOONY-VACUUM LOSES 4 TANKERS

NEW "YORK, May 19 (U. P)— Four of the 19 Socony-Vacuum oil tankers operating under the British flag have been lost through torpedoing or bombing and two others have

been detained or seizéd in “French. ports, company officials ‘revealed here- toddy In addition, the Standard-Vac-uum Oil Co., Inc. jointly owned by Socony ‘and Standard Oil Co. (N.J.), has lost four of its 10 foreign-flag tankers while three others have been damaged. Of the other Socony-Vacuum vessels under {foreign registry, two French-flag ships are believed held at’ Martinique and two operating under the flag of Panama are moving crude oil and products from Latin-America. Socony-Vacuum at present has 37 vessels operating under the United States flag, of which three are to be diverted from their present Gulf Coast—Atlantic Seaboard run to the British. supply service. To offset these losses and withdrawals, company officials said, plans are being studied for increasing pipe line shipments along -the In. addition, eight new tankers are under construction, of which twa will come into service this year, four in 1942 and two in 1943. The tankerbuilding program is expected to cost about $18,500,000.

MARTIN TO ADDRESS MEAT EXECUTIVES

meat packing companies will meet at Fox’s Steak House, 1207 E. Washington St., at 7:30 p. m. tomorrow to discuss plans for the next four months’ advertising and merchandising campaign. Edward A. Martin of the American Meat Institute will speak. The committee ' includes H. W. Vornbrook of Swift & Co.;-C.-K. Eikenberry of Wilson & Co.; D. R. Reid of John Morrell & Co; Gene Deardorf of Rath Packing Co.; and Sam

Salesmen and executives of local

Fair trade laws permit the manu-

|facturer of a trade-marked product {to fix the price of the Produss fees

his plant-on through the wholesaler and any other middlemen down: to the ultimate consumer. That process is known as “yes tical price control.” But, anti-trust attorneys said, the result’ of the fair trade laws has been’ to foster growth of another type of price con trol known as “horizontal.” Obviously, they pointed out, conte

[petition among products will pre=

vent vertical price control from getting out of hand. A manufasturer cannot set his prices at the various "distribution levels too high or he. will find his competitor under. selling him, ; Bu by secre agreements manue acturers of no -compe products have set identical tine —and high ones—all along the dis tribution line, the attorney Such agreements canstitute “ho: zontal price control” and are tions of the Sherman Anti-Trust Law and are. Spesincally prohibited by ‘the Miller-Tydings Act. It is this practice which the antle trust ~ division intends: to attack. Cleveland will be the focal point of the drive. The division intends to call a grand jury there about July . 1. Almost all trademaker products are sold on a national scale awd the results of the Cleveland cases will have equal application in al} states which have fair trade laws.

WEEKLY PAYROLLS RISE IN CALIFORNIA

SAN FRANGISCO, May 19 (U, P.).—Total weekly payrolls of Calle fornia’s factories in February Toa 55 per cent over the correspondir 190 eve) to the highest point. in e tory of the state, according to® the Wells Fargo Bank. The bank, attributed the rise iW payrolls principally to the expane sion in California defense industries, reporting February employment in the ship-building industry 155 pem cent over a year ago and inthe aircraft ‘industry, 129.5 per cent..

FURNACE REPAIRS and Cleaning. Sheet al Work. Gutters and Spouting. :

MEEKER Sales. | Agen

2503 Roosevelt

they share. the work with other manufacturers. :

Harris of Oscar Mayer & Co.

Guaranteed WATCH REPAIRING DONE BY EXPERTS

Bn. Bayer, oo Ine.

on Everything! penny Viatehes, cal Instruments,

Indianapolis,

Print) NAME

-— em a» we a»

da “dn them

‘0 cover.

The: Final >is

AROUND THAT BREATH-TAKING FIRST TURN AND ANOTHER BIG RACE IS ON!

Plan to attend . . . but if you can’t, you still can get | EVERY THRILL of The

Indianapolis 500-Mile Motos

’

SPEEDWAY RACE Accurately Recorded by | WORD, AND PICTURE

. In b TWO SPECIAL EDITIONS’

THE INDIANAPOLIS TIMES

The Souvenir

est race mailed as soon

WINNERS-—A complete fePorting of 100 oe extn 85 pos-

.-sible after the sweepstakes are finished. 2 a

10c—MAILED ANYWHERE aT Em wma wy

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Indiana

. $

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~ ’ $000000000000000000660600000000600000000000000000000000000»

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WASHINGTON, May 10.~An ate