Indianapolis Times, Indianapolis, Marion County, 18 May 1942 — Page 14

BUSINESS

in March.

This country got the idea from Canada. The dominion Am * even got the jump on Mother England by installing rationing and price control boards when the war broke out. Eng-

NEW YORK ST OCKS

By UNITED PRESS

T land poked. along until the first of last year, after whole- Am Tob

sale prices had soared 32 per cent, before doing anything

really effective. For that matter, Hitler beat us all to it by rationing all sorts of civilian commodities back in the days when Chamberlain went to Munich and returned with nothing more than his umbrella and a blissful promise about “peace in our time.” Back to price control. It’s a break for the ordinaryfellow whose wasn’t keeping . pace with the Roger Budrow way prices were going. But it’s not fair to the retailers who have been trying to do the fair thing all along. They must continue to sell their goods at March levels but they have to pay wholesale prices that warrant higher re- . tail prices. That is because they have been spreading their wholesale costs. For example, they had been taking what a rug cost last December, this February and this March, averaging these costs, and then basing the retail price on that average or inventory cost. Thus the retail price of that rug was held down by the lower cost in last December. now the store must replace rugs sold and pay March prices, yet it must keep the retail price at March levels, which were the overage of costs over previous months. The only solution to this, according to broad hints from the office of price administration, is for the retailers to roll back the price on the wholesalers and manufacturers. At the beginning, this country thought, as did England, that control over a few commodities like aluminum, steel and so on would keep the general price structure in line. It didn’t work.

Now, the OPA seems to believe| Good—

that it doesn’t need an extensive police force to prevent violations. . It is going to have some “checkers.” But if price control and rationing is violated flagrantly as the tire|C bootleggers are operating, then something much tougher than “checkers” will be needed. Too many people are willing to take the chance of being caught and being shown up as an “example” to the others rather than go without. 8 8 = wo There are continued threats that the OPA is going to get after the tire bootleggers but it had better hurry before all the new tires are . gone. In England they are having a political boil-up over the way the rich are able to get what they -want at the “black markets.” If President Roosevelt’s phrase “equality of sacrifice” is to mean anything, it’s time we get busy over here. ” 8 = ODDS AND ENDS: Treasury, pleased with its first war financing issue, may try another, but put the interest rate below 2% per cent. . . « Railroads are making more money. The 135 class one roads earned 92 million dollars in March this year, against 80 million in

March, 1941, . , . Advertising club| 500 poun of New York suggests the American|¥

habit of installment buying be used * to order refrigerators, autos, vacuum cleaners, etc, -now and that the stores put the money: into war bonds. . . . ‘OPA says the present g-ounce sugar ration will not be changed until the shipping situation improves. . . . The RFC will buy or lend money on autos, tires, tubes, sugar, typewriters, guns and office equipment to dealers stuck with these frozen or rationed articles. . . . WPB, urging car owners ta “give a lift” to other workers, says the average capacity of a car is 4.2 passengers, but that in 1940 the average passenger load was less than two.

DAILY PRICE INDEX

NEW YORK, May 18 (U. P.).—

| Dun & Bradstreet’s daily weighted y

. price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Saturday sscvccvsevsvenssasee 157.30 - Week Ago ss0vvecssescnesse Month AO «ccevssroecesees. 156.63 ; Year Ago essescssvesnessnse 135.39 1942 high (May 9) cocsncnnes

Allegh Corpo pt p pf 10

Price Control Hard on Retailers, | And May Bring Back the Bootlegger 4

By ROGER BUDROW I Can i Fy!

Am Com Alc..

CUFF-NOTES ON PRICE CONTROL, which we got|A our first real taste of today. Retail prices in 1,900,000-stores in the nation went back (or stayed) today where they were A

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20-CENT SLUMP

Receipts at Local Yards Bulge to Total of 11,643 Head.

Hog prices slumped 20 cents at the Indianapqlis stockyards today, the agriculture marketing ‘administration reported. The top was. $14.15 for good to|B choice 220 to 240-pounders. Weights under 160 pounds declined 10 cents from Saturday’s prices. Receipts today included 2200 cattle, T75 calves, 11,643 hogs and 1115 sheep.

" HOGS (11,643) Good to Choice 120-140

; — »

14. 05 « 13. 95@14. 05 edium— 160-220 poundsr ............ [email protected]

Packing Sows Zid Choire 13.70@ pounds ae.ee.. pes ines 10@ 13.85 300- 330 pounds [email protected] 28 360 pounds es.scsecesecs 13.65 Geo. 400 pounds 400- 450 pPoUNdS ...coeseees 450- 500 pounds Mediu 250- 500 pounds Slahghter Pigs Medium and Good— 90- 120 pounds ..... eves ey [email protected]

CATTLE (2200) Slaughter Saule & Calves

. [email protected] [email protected]

Cholce— 750- 900 pounds ... pounds

1100-1300 pounds 1300-1500 pounds ..

teesssnnes 34.5083. 50 . [email protected] [email protected] [email protected]

. [email protected] . [email protected]

iS ,... 800-1100 ;ounds - 1100-1300 pounds ...

1300-1500 pounds. oe [email protected]

750 i100 pounds ceesceseseses [email protected] 1190. 1300 pounds . « 11.25

730-1100 1 pounds [email protected] Steers, ‘Heifers & Mixed . [email protected] sess [email protected]

[email protected]

Choice--500- 750 Good— 500- 750

Choice—

Oo 900 pounds

pPoUNdS ceseccsveces 12. [email protected]

Com 500- 900 pounds Cows (all weights)

[email protected] Medium 3 [email protected] Suter and common 9.25 Cann 7.50 Bulls (all weights) (Yearlings excluded)

sees

Beef— ++ [email protected]

10.40 18. 80 0.00 8:00 15:00

CALVES (775)

Vealers (all weights) Good and choice [email protected] Common and medium 93021329 Cull 7.00@ 9.50 Peeder & Stocker Cattle & Calves Steers

Goo. 300 800 pounds - s SD =3050 pounds

13.50 13.25

sevsssessssss 11.25@1 secesssessses 112881330 25

[email protected] [email protected]

seescesceses $12.28 . 00

ssensscess 13.

2000 "800 poun 8-100 Pounys $00-1040 ) pounds

Calves (Steers) Good and Choice— down . edium-~ 500 pounds down Calves (heifers) Good and -Choice— 500 pounds dOWN ..eecieecones [email protected]

Medium— 500 pounds down [email protected]

SHEEP AND LAMBS (1115)

12.25014.%5 | 1

Good and choice Medium and good

"152001035 Common

13.50

[email protected]

Good and choice 00 Common and medium 00 Shorn Lambs Good and choice [email protected] Medium and good 12. 001s: 50

CHICAGO LIVESTOCK |“

SaoEs—Raceints, | 34.000, Slow. veraes. 10 to 15 cents lower th ars ood and choice 180-330 Be $13. 90®! enerally [email protected] Pl $14. 15; ul 150. 801b. averages, sis $001 good 400-550-1h. pts,

SOWS largely $1 eceipts, 0 choice is to $14.50 m

Cattle—! 6.000; calve 10 000; fed Ran and yearlings. Sstea cents lower; good

own; early t $15.25 d higher; sizable sup Dies fed sters of value to bring $13. 4,50 unsold; most bids fully 2 Shed Rs heifers steady weak: choice offerings toppin for this class at $14.50; cows scarce, ly steady: cutters up to $9 and better; pats 10 to’ 15 cents higher; heavy Sausees fferings 0 $10.85: vealers firm at 0 3 Do cattle weak, mainly 513 25@ ood to choice yearlings. 000; opening sales fat higher; young. 5-1b. wooli lambs with ts fat sheep

' We manufacture all glasses we sell. high prices for good glasses. These quality “Gold-Filled” rimless : glasses complete with" TORIC lenses for FAR OR NEAR VISION.

No longet any need to Bay

Deal with ' our local branch and save many dollars. All lenses

CREDIT If Desired No Extra Charge

Volume purchasing and single ownership of largest chain of optical stores in America save you.

15-DAY. TRIAL « =» Money Back Guarantee

MADE IN HOGS:

Co: [email protected] £0

12.75|Du Pon

ciseveresses [email protected] 51 P2

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h Steel 53% Black & pecker 153%, Blaw- o 5% Boeing yrs . Bon Ami B .... Bond Stores ... 13 Borden Borg-Warner .. Bdgpt Brass ... Briggs Mfg . Bruns-Balke 107% Be 7 pf. 105

Budd Mig pf .. Burroughs . Bush T B pf..

Butler Bros pf . Butte Cop & Z.

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Calumet & H . ne Canada Dry Carriers & ‘Geir By 24 111 T.-

ar Celanese 16% Celanese 5 pr pf 8512 Celan 7 pf. 118% Ches & hi os 29Y8 1 BEA

13.75 & chensnrneers [email protected]| S00

Co Crosley Corp .. 6 Crown Cork .. Crucible St .... 27 Crucible pf ... Curtis Pub

Curtiss-Wr A . EA Cutler-Ham :.. 13% anf Davison Chem. 10 Decca Rec Inc 5% D lac & W.... 3% Det Edison wens 15% Dixie V Doehler D Dome Mines .. Douglas Airc .

0 2 .122 122 —— Bast Kodak ...117% 117% Eaton Mfg ws +4 26 Ya 28 i Elec gute Boat 134 Hog Music gna, 1518 El Pw&L 301 pf 38%

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| DOW-JONES STOCK AVERAGES

+0.65

High, 1942, 114. 22; Low, High, 1941, 133.59; Low, 106.34. 20 RAILROADS sisasessansss M19 See ettannteentonse 24.64 Month Ago sevescensevessse Year Ago sesevescess 21.8% High, 1942, 29.01; Low, 23.72. High, 1941, 30.88; Low, 24.25. 15 UTILITIES Saturday ......sice0000000000 11.80 Week Ago rey 11.82 Month Ago .....eoveeevecees 10.89 Year Ago 17.30 High, 1942, 14.94; Low, 10.58. High, 1041, 20.65; Tow, 13.51.

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Celebrates

patriotic rally on the historic steps George Washington took the oath United States. It was during the first administration of Washington that the Exchange was formed. Reason for its formation by 24 brokers under a buttonwood tree was war—the revo-

Wlution.

Alexander Hamilton, secretary of the treasury, included the government to refund the Revolutionary War certificates of indebtedness into $80,000,000 of new government bonds. The Exchange was formed to trade in these bonds. From that Humble beginning it grew until today it lists 1241 issues of stock with aggregate market value of $31,400, 000 and 1163 bond issues with market value of $57,900,000,000. Each war brought difficulties and rapid recovery during that long history. “The record of 150 years reveals,” says the Exchange, “war, destructive as it is, as a signpost for future progr “It is not outside the bounds of cautious imagination,” the Exchange continues, “to see beyond World

ican investment capital to effect

opening of great, new marksts for ufacture, in parts

War II an opportunity for Amer-{ development unprecedented, and the|t

New York Stock Fis

150th Birthday:

NEW YORK, May 18 (U. P.).—~The New York Stock Exchange was 150 years old yesterday. Today it celebrates that anniversary in a giant

of the sub-treasury building where of office as first president of the

Twenty years after the Exchange was’ founded, we had the war of 1812. That war gave the United States freedom of the seas and unboundsd prosperity that paved the way for the vast industrial development of the nation joined together by a vast transportation system and a communications system unequaled anywhere. The Civil war was followed by the giant railroad empire building. The Spanish American war left its periad of expansion as did World War 1. Wall Street expects big things to come out of the research and expansion of American industry for the present war, and it is already preparing for it. Meanwhile, the financial district with time on its hands in its daily tasks has gone all-out for sale of war bonds. The stock exchange has specifically recommended these bonds, its sec-] ond recommendation in history. The first was the Liberty ‘bonds of

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{PROFESSOR GLOOMY

ON CREDIT CONTROL

NEW YORK, May 18. (U. P.)—

*| Pointing to the current rapid rise in

income and public apprehension about rising prices and scarcities resulting from the war, Prof. Gottfried Haberler of Harvard university today warned that present credit restrictions probably will be able to choke off but little consumer de-

E/ mand for credit.

In a special study made for the National Bureau of Economic Research, Inc., Prof. Haberler asserted that new credits may be somewhat

{reduced because of greater down ” payment percentage made necessary

by the new Federal Reserve regulations, but added that “it is not likely

s|that credit sales will be much re-

duced below the level that would otherwise obtain.”

However, he said he was convinced that the present experience ‘with credit control will prove useful in meeting post-war economic problems, and suggested for after the war a policy of cyclical variation of credit terms—tightening them in upswings and Uberaliaing them in downswings. “Such a policy,” he said, “might contribute something to economic stability by counteracting the cyclical fluctuations in the volume of instalment credit.”

Ta COSTS ROSE { PER CENT IN APRIL

NEW YORK; May 18 (U. P.)— Living costs of wage earners and lower-salaried clerical workers in the United States increased 1 per cent during April, largely in reflection of rises in clothing and food costs, the conference board reported today.

The board’s index of the cost of living for April was 97.1 per cent of the 1923 average of 100 compared with 96.1 in March. The increase in clothing amounted to 3 per cent, with men’s clothing up 3.3 per cent and women’s apparel up 2.7 per cent. Food costs rose 1.3 per cent.

A drop of 0.5 per cent in coal costs pulled fuel and light down 0.3 per cent. However, housing increased 0.3 per cent and sundries 0.6 per cent. Compared with April last year, living costs increased 11.7 per cent, with -food prices up 22 per cent, clothing 20.6 per cent, sundries 5.9 per cent, fuel and light 4.3 per cent and housing 3.6 per cent. The purchasing value of the 1923 dollar declined to 103 in April from 104.1 in March and 115.1 in apn) last "year.

DU PONT CUTS DIVIDEND

WILMINGTON, Del, May 18 (U. P.) —Directors of E. I. DuPont de Nemours & Co. today declared a “second interim” dividend of $1 a share on the common stock, a cut of 25 cents from the previous payment and of 75 cents from the quarterly dividends paid in 1941.

OTHER LIVESTOCK

CINCINNA May 18 (U.' P.).—Hogs— Receip bis, 3080: welghts a (150 wv, $14 15¢ » -1i S. an 3 of 8 and choice 180-275 lbs. a 75500 -400 1bs., $13.90; 160-180 vod 150-160 1bs., good grade

13. Bis, 825; calves receipts rately active; most prices fully her; good to near choice 65018.15; good 2780 ht Butcher 3.9 well teers, sia! es and and he fi $10.75 12.25; and medium , beer gous, .50 9.75; good y 0.25; canner and’ citer Tune $87 he EH 2 and medui bulls, good stron weight sausage Le 10811 freely; yea calves steady, Sop $15 an and’ ov Sy

ves 14@15; si1@is; ea! $10 down

Cent ts, 100; moderately active, pail nt der RE 8, g hate hE fat clipped slaughter ewes,

LOCAL PRODUCE

Heavy breed hens, full-feathered, 10¢c; orn

hens, il 2 to 3% lbs. colo 26¢c; white and, ba barred rock, Zi: coc Soin ne!

Ne, nt be pg and up,

* Graet Eggs—Grade A large ad A medium, 26%ec: grade y Ta §5%c: no grade, 8%c. Butte No yg 41@41 ic} No. 2, 39%@ butterfat, "No. No. 3, 3dc. ces on produce del genivérea ‘at Indian ADE quoted bv dlev Co.).

WAGON WHEAT

Up to the close of the Chicago Latkes today, Indianapolis flour mills Sa elevators paid $1.09 per bushel m red x heat, Sosher er Jie: on on thelr merits), yello! shel and No. 52 white Shelled. 00 No.'S white oats, 56c and No. 2 rea’ oats,

STOCK PRICES MOVE HIGHTER

Exchange Closes for Hom In Celebration of Its 150th Birthday.

NEW YORK, May 18 (U. P).— Stocks were irregularly higher at noon (11 a. m. Indianapolis time) today, when dealings were suspended for one hour for formal celebra-

A war bond rally was conducted from the steps of the old subtreasury building ' where George Washington took the oath as first President of the United States. A telegram from President Roosevelt stressed the importance of maintaining an orderly market for securities: both during and after the war and congratulated the exchange on its service to the country

With Wall Street largely in a holiday mood, trading ‘was slow. However, prices showed an improved trend in some sections. American Telephone climbed a point to 115% —a new high on the current recovery—but lost most of its rise before noon. Leading motor - and steel shares were barely changed. Rails did little aside from Norfolk & Western, which rose a point. Rubbers were firm, with Goodyear common and Goodrich preferred at new highs on small gains. Chemical and some non-ferrous? metal shares also were firmer. PesiCola was active at a small gain. Commercial Investment Trust hit 8 new high at 25%, up %.

LARD PRICE FALLS

CHICAGO, May 18 (U. P.).— Grain, soybean and lard futures shared in declines on the board of trade today.

bushel at the end of the first hour; corn off % to 1% cent; oats off % to % eent; rye off % to 7% cent; soybeans off ¥% to 7% cent; and lard unchanged to off 7 cents. After levels of 12.82 during the last two days of the past week without attracting a buyer, lard for May delivery was offered and sold this morning at 12.75, which represented a price dip of 7 points. Other months remained at the vceiling level. The current lard delivery month had remained at the OPA top of 12.82 since March 5.

RAILROAD REVENUE ALMOST DOUBLED

WASHINGTON, May 18 (U. PJ. —The Association of American Railroads said today that preliminary reports from 88 class one railroads showed operating revenues in April totaled $458,632,597, an increase of 489 per cent over the same month of 1941, The principal items in the total were freight revenues at $375,345,307, an increase of 49.8 per cent over a year earlier, and $52,899,655 in passenger revenues, an increase of 68.4 per cent. Figures were not given for mail and express revenues, which went to make up the total

$8,500,000 PLANT ‘WILL MAKE BOATS.

PITTSBURGH, May 18 (U. P.).— American Bridge Co. gnnounced today that it is building an $8,500,000 plant in the Pittsburgh district* to produce special boats for the navy department. The plant, which will be built oy the company but owned by the navy, will contain fabricating machinery, shops, warehouses and fitting docks, according to L. A. Paddock, president of the firm—a U. 8S. Steel Corp. subsidiary. He did not disclose which type of boats the plant would produce.

CHEMISTS TO VISIT ~ MARGARINE PLANT

Members of the American Chemical society will inspect the Standard Nut Margarine Co. plant, 1106 Roosevelt ave., tomorrow. Luncheon will be served at the plant. A. A. Robinson, chief chemist, will explain the company's processes used in the manufacture of solid fat from edible oils by the hydre3 |geniaanion process.

ALIEN BILL READY

WASHINGTON, May 18 (U. P.). =|—Chairman Tom Stewart (D. Tenn.) of a4 senate immigration subcommittee, revealed today that his committee “is\ just about ready” to approve legislation autharizing the internment of Japanese and other

|tion of the New York Stock Ex-|° change’s 150th anniversary.

BELOW OPA CEILING =

Wheat was off % to % cent a).

being offered at. ceiling

If you can manufacture any of these materials, contact the war production board, 10th floor, Circle Tower building, Indianapolis. Asterisk indicates plans and specifications are on file there.

BIDS WANTED

ARMY MISCELLANEOUS Invitation Date Bid Item Clases

Number 26076-SP1—Feed fo: Feed A to_be furnished AT cylindrical pellets 2014-S5—Chisels: Woodworkers: : han dled; socket firmer; Devel. edge type A, 1” and 2” 2015-86— Shovels, snow bar. int, long ‘handle, Rey Soon ack or open back . 2016-35 Hammers, handled ters’ 2 claw, 13-16, 1 and 14-paun Sizes. 21 2017-83—Perforators , di adjus sta ble, hole. $a inch outside

a018__Des- Power, scourin for ; for fine mar ID hy OT two 2-0z. bottles to set, Nos. i and '3.. 2 2020-S2—Labels, paper, in continuous fantold | strip form, for fol ers, gummed on one side with ponlocking 1apioce dexisine free from bjectional odor and taste 2 ma ts class A, nainsook,

EE “as

com und Me: type A." 31

inch Squ 2028 83 Cards’ Index,

cu 2026-81 -Sharting, Bickory. "width "3d inches; blue narrow white , paper, wire, Ideal; - rec dy ibber ga); eras ; solid center

85—Bits, Wood horint single twist, or or Soule twist auger

2020-36" Padiooks, ® nctal purpose, pin tumbler mechanism 26075-SP5 — Microscope, non-objective binocular, research type, with equip-

eakers, vacuum, ay flush valves, valves, ‘stop is Al n

in B-gallon a ine a toilet, milled, toilet 2005-S1—Flags, United States: mercerjzed TH type 1, class J,

1 Fy es or machiner 2007-S1—Brus. ely”

artists’ water Soloras

roid; ioi hair, ood qua S 3

2008-81 ™ Jo paratus; lvanized bucket, i Viigo Oral Frm er, mop, squeeze

2009-85 Handies, led : inch_length: ae AT mer; 36. ges, cellulose,

2010-S5—Spo! type A, sha BPe A, rectangular,

coarsepore, zes Nos. 6 a 201188" Piers Sona Those, 6"; en's side-cu 2012-55— Axes,

pound 2013-81" Cookies, lemon 22 2040-S1—Oil. olive, in 1-gallon cans. 22} In 26077-SES_Tubing, copper, bus, .1, 1%,

43-5—Caps, milk bottle, aper, pla ni paper ‘cu ps h lid" (na 1 H 23 for los ot pls. 6200" Mouider Bo -driven) 6286—Machetes, with steel blades,

age, and bone Jandies or

ons Seaic blocks. pipe flanges, copjer a rubber packing and

oan Shain * Tino! ath 8/64" thick ar en pe c| 12-207 Fresh fruits and vegetables: pefruit, oranges, bo pStrawberries, celery, cucumbers, Copinaeh, ihttuce. onions arsley, Dp rs, potato radishes, tomatoes, imes (Veterans Administration, Indianaolis, Ind.) =Mower, power ‘driven, wheel

494— Cotton, purified, USP &T 6283—Steel chains and steel wire springs (for lock overhaul) Ta

16—Magnesium sulphate, U. 8. P XI, second Pplem 6279—Lavatorie: Hi water closets, anne fountain heads. closet tanks, urinals, laundry trays, flush valves, floor flanges. dr drain traps and. an

pipe-exten sic ers fl water closet, poy sh pes, trap screw ferrules, sink plugs and traps, floor drains and c 195% bolts ve 6282—Cocks. ancers and nozzles 6384—Automobile license tags and automobile and motorcycle license

ags 6288—Antennae wire, apparatus cable, radiator se. cellulose-ace and battéry hydrometers.. .

1 6281-8

am.: wheels, orundum "for lathe,

X-208 Books, Class 35 D-146—Bands for matrix retainer “No. and No. 1 (bicuspid and molar); trimming knife, mandrel

lathe e Nsquare

22 indbls P&L 8% 1 pf

'W. Spend 1h 8815

Who Should Be First, Magazine Says. CLEVELAND, May 18. (U. P.).==

S{ Beaks of steel make a7e so jatiintd Y|with orders carrying high priority

19 ratings that producers no longer

can determine the proper sequence

gy of shipments, with the result that

the WPB is being called on more

[than ever to, make such decisions,

the magazine Steel said today." A preponderance of orders already on the books are of A-1-A or A-1-B | priority und in almost every case makers of steel are depending upon directives, the authority stated. “The situation is,” Steel dec “that so much steel is needed: for war purposes, all of which are of

1| greatest importance, that the top g1|Tating has become: overloaded and n further action is needed to. deter mine the most important.

“Steelmakers are not in a

q1|t0 perform this. function and : the question increasingly is being put [SP to the war production board for

solution.” At least one important. Mide

1| western mill is refusing all ord .|except those in the A-1 group an

is accepting those only on the basis

a1|of “delivery when possible.” .

“No rollings are scheduled below

1|A-<1-K. and probability of delivery

at that level is remote as new direc-, tives are constantly received, taking position above all ratings and presse ing delivery dates back,” Steel said, However, despite this confusion, “steel mills are doing a. good job of production, and distribution to most needed fabricators is being managed” without severe difficulty,” the aue thority asserted.

LOCAL ISSUES potitions Hirhistief be woul .

\ tees

Nominal unit of Nay Dealer

8 a Finance Co Inc Agents Finance & Ine

Bei t RR Stk Yds col Belt RR Stk Yds p. Bobbs-M

0 com 4 3 Wane 7% bid .e Ind As Joo To 6% pid. nd. & Mic h 7% pra’. In Elec Ind Gen Serv 6%

td ie

Tndpis Water ro 2 Lincoln Lo Co Blak on

n C ven Camp Milk COM esosscoee Bonds

28 Pagers Wins'w W RR As. weer d

American oan : 3

Oonsol Fin RA Hoe Ta Ph dns i 56.108 T&T

ac 3 88 U 8 Machine Sor 55 81 eaves. 06 100

*Ex-Divide

U. S. STATEMENT magne, Mv ito FE) pu Tent fiscal year through May 15, come

pared yin 2 a Jr nv; Last Year Expenses $36. a1 ol i. BYE $10, Hie EE nes

Work. 70" 43 1,874, Pub. Debt 03’ 434,700,147.48 54. Gold Res. 22, 706,900,639.6 68 22 ae

Receibts.

els G-220-—Faver.. toilet tissue,

geings 11 1ecree CLEARING i

2440 N Meridian St SAXOPHONE ¢l ...... Instruction ro INDIANA MUSIC CO.

115 E. Ohio St. — LI-4088

LOANS

THE INDIANA TRUST co. |||, Allied With

The Merchants National Bank

a be: |aliens “whose freedom is inimical|

to the best interests of the country.”

OoNd « ¢ »

yours. Shi

Reiiicmberad Beauty. .e plus Modest Cost.

You will wih the Very. besk-for a depatiedleved assurance of modest cost must be Service is the remembered answer.

‘SHIRLEY BROTHERS

Ena 2321 N. Meridian 5t TA 3271 U.S. TIRES USE YOUR CREDIT at wW{(0) 3. K Al INE 8

CLOTHING COMPANY

FUR COATS Selection

Shale

ITTV TRY

ICR Bp TT Sh

WE Buy Diamonds.

HIGHEST al PRICES

STANLEY Jewelry Co.

113 W. Wash. Lincoln Hotel

Largest IRI AIT

Buy United tod States VICTORY STAMPS

LIVINGSTON 'S 129 W. Washington St.

181 W. Washington -, | TIRE LIFE EXTENSION GOODYEAR

Steel Mills Can’t Decide ,