Indianapolis Times, Indianapolis, Marion County, 14 October 1942 — Page 6
"WORK OF WMI
Nelson Directive Prevents
44 Continuance of Major Salvage Projects.
By DALE MCFEATTERS. Times Special Writer
PITTSBURGH, Oct. 14.—A direc-
tive by War Production Chief Don-
ald M. Nelson has halted the scrap . salvaging activities “of ' War Materi-
. als, Inc.
As a result, hundreds of proj-
ects throughout the country, involving hundreds of thousands of tons’ of badly needed scrap metal, - were at a standstill. ‘The work of newly ‘established regional offices across the country, looking toward eventual recovery of five million tons of scrap iron and steel, was suspended, and plans ‘to set up other regional districts were discarded. Under Mr. Nelson's order, it was learned, WMI is to be reduced to the status of “check signer” for the special projects section of the war production board’s conservation. di-| vision,
Nelson Halts WMI Search
Finding that “conflict” existed between the #hpsial projects section and WMI, , Nelson' is under- - stood to have notified Jesse H. Jones, whose Metals Reserve Co. is WMTI’'s parent, that active scrap searches by the agency are to stop. (In Washington, . Mr. Nelson's office said the original understanding was that the function of WMI was to be the financing of scrap deals, but, that confusion and duplication had resulted when both WMI and the WPB’s conservation 'division. began negotiating for scrap _ materials.) "Steel men, who had looked upon WMI as a last chance of getting a ‘safe flow of metal to their mills, were considering protests against the action. Informally, some Pitisburgh steel officials were urging John M, Hopwood, WMI’s president, not to resign.
Hopwood Silent on Plans
Mr. Hopwood, a Pittsburgh industrial engineer who became head of WMI with the assurance that the agency would be “non-political,” has given no hint of his plans, but it is known that he is “not interested in signing checks for WP. Beyond a statement confirming the directive and the fact that WMTI’s wings have been clipped, he had no comment. Puzzling to observers was the fact that a prior directive by Mr. Nel- . son, recommending creation of War Materials, Inc., definitely prescribed “proad powers” in view of the seri‘ous scrap situation. . Allocated 500 million dollars of RFC money, WMI was empowered to recover scrap metal from projects where costs of demolition, preparation and transportation would - push the market price above OPA ceilings. WMI was hot to touch any scrap that could be moved within legal price maximums. Made a Whirlwind Start
No sooner had the new corporation. got under way, however, than WPB’s .special projects section complained that its work was being duplicated, that WMI's activities were a waste of time, that it already had brought hundreds of : projects to the point where only financing was needed to complete them. ‘To steel men, a whirlwind start by WM1 was the most cheering prospect of the entire scrap pro- ' gram, which many considered had muddled along without success for more than a year and a, half. In the six weeks since Mr. Hopwood became president, WMI has ‘injtiated scrap recovery projects with more than 200 railroads and street railways throughout the country, negotiated for recovery of thousands of additional tons with cities and industries, established regional offices in half a dozen metropolitan areas, laid plans for other offices, assembled an over-all staff of almost 300 scrap experts, engineers and executives, and renovated an abandoned building in Pittsburgh as national headquarters.
LELAND HEADS BANK WASHINGTON, Oct. 14 (U. P.).— Appointment of Simon E. Leland of +Chicago, as chairman of the Federal Reserve bank of Chicago, was announced today by the. federal reserve board.
THIS CURIOUS WORLD
SPECIES OF FISH TASTE ‘WITH THEIR FINS]
Sergt. William, H. Campbell of the
marines,
These posters ; are among those available fo Marion county retailers and {rade groups who have pledged space for patriotic displays for the “duration.” The posters may be obtained at the victory display head-. quarters on the second fioor at Ayres’. Presenting a representative section of them are (left to right) Pvt. Duane Oberlin of the army, Petty Officer Richard J. Powell of the navy, Mrs. Kathryn Langen and Staff
ERRINGTON HAS GIRDLER POST:
Local Tank Manufacturer Named a Director of Aviation Corp.
A. W. Herrington, board : chairman of Marmon-Herringtony Co. of Indianapolis, has been elected a director of Aviation Corp. to replace Tom Girdler of Republic Steel Corp., it was announced today. Mr. Girdler will devote his time chiefly to the operation of Consolidated and Vultee Aircraft, both of which are Aviation Corp. affiliates: , Mr. Herrington is also a. director of the Gar Wood concern, president of the Society of Automotive Engineers and a governor of the American Society of Military Engineers. Marmon-Herrington officials said they did not believe that Mr. Herrington’s directorship on the aircraft company would mean that Marmon-Herrington would undertake aircraft work because it already has “plenty of work to do” on tank . dnd military truck orders.
tor Emmanuel, New York financier. The company and its affiliates builds the B-24 bomber, basic trainer planes for the army and navy, operates several plants build-
York Shipbuilding Corp. It also holds large interests in American Airlines, Pan .American Airways
Other subsidiaries are Northern Aircraft Products, Lycoming Motors, American Propeller Corp., Spencer
tral Manulsciuring Co.
N. Y. CENTRAL FAILS
NEW YORK, Oct. 14 (U.P.).— Directors of the New York Central Railroad Co. took no action on a capital stock dividend at their monthly ‘meeting here today. The meeting was described by the company as “routine.” Failure of directors to declare a dividend on the stock came as a keen disappointment to some Wall Street quarters in view of persistent rumors within the past few weeks that the road would resume payments on the issue after an. 'l11year lapse. The last disbursement on New York Central common stock was $1, paid in November, 1931, Declarations of dividends on Erie common Stock after a lapse of 76 years and resumption of payments by several other roads which had not been able to make any distyibutions since 1931, after which railway earnings suffered their sharpest decline in modern ‘history, reportedly had resulted in a deluge of stockholder letters to N, Y. Central officials asking when the road's security holders might expect resumed dividends on their shares.
—By William Ferguson
Aviation Corp. is headed by Vic- in
ing aircraft parts, and the New Radio
Corp. and Reosevelt Field, Inc. -
TO ORDER DIVIDEND
N. Y. Stocks
Net High , Change Allegh Corp . Ya 2 Allied Chem .. Allis-Chal Am Can Am Can pf ...16 Am Rad & 8 8. Am Roll Mill.. Am T & To 29 Am Tob B .... Am Water W...
Iv Ys Ya
-— A
&
_ {Anaconda
Armour III ... Atchison , Atl Refining . Balt & Oho... Bendix Avh.. Beth Steel .. Borden Borg-Warner... Bdgpt Brass ... Chrysler ....... : Comwlith & So. ls Cons Edison ... Cons Corn Prod ... Curtiss-Wr ... Dow Chem . Dresser Mfg . ve Du Pont East Kodak ...141 Elec Auto-L . Gen Electric . Gen Foods Gen Motors ... Goodrich Goodyear Hecker Prod... Hudson Motor.. Int Harvester.. Int Nickel . Int T&T... Johns-Man ... Kennecott .
LHd+HL FER EEL LRA
L-O-F Glass... Mont Ward ... Nash-Kelv .... Nat Biscuit .. Nash Cash Reg 177% Nat Dairy .... 15% N Y Central .
+:
Paramt Piet. Penney Penn RR ..... Phillips Pet .. Procter & G...
a
LITT)
em Rand .... 10% Republic Stl .. Sears Roebuck 3ervel Inc . Jocony-Vacuum.
PHIL
Heater Co. and the American Gen- 2 itt
United Aircraft Be, Un Gas Imp .. ak
U 8 Rubber . U 8 Stee 50 8 Sicel of. Warner Bros . ‘West Union ... West Air Bke .
Yellow: Tr .... 13 Zonit
Complete New York stock quotations are carried daily in the final edition of The Times.
OTHER LIVESTOCK
CINCINNATI, Oct. 14° (U. P.).—Hogs— Receipts, 3500; weights over 160 lbs., 20 cents up; lighter weights and sows, 25 cents higher; top .$15 paid for good and choice 180-260 1bs.; 260-280 and 160-180 lbs., $14.95; 280-300 1lbs., $14.90; 300-400 lbs., $14.75; medium and good 150-160 lbs., $14.50; good sows, $13.75@14; smooth light weights to $14.25. Cattle—Receipts, 950; calves, 250; moderately active; steady; good 650-1b. mixed offerings, $14; odd head steers and heif-
ers, [email protected]; medium grass steers to [email protected]; common and medium steers, $10@13; thin light weights down to 8; common and medium beef cows stead: $7 [email protected]; few good cows, $10 and ter; canner and cutter Jews in liberal supply, $5@8; bo good weighty sausage bulls on sale, but salable to $11.75; early
GRAIN FUTURES TURN UPWARD
“ Traders Hope Ceiling on
Flour Will Be Raised In 60 Days.
CHICAGO, Oct. 14 (U. P.).—Wheat,
| corn and oats futures strengthened M sland rye eased slightly on the Boaiy 3, | of Trade today.
Wheat was up % to % font a bushel at the end of the first hour; slcorn up % to %; oats up % to 3%, and rye off %. Soybeans were in-
bl active.
In, the December options wheat
5. moved. up 3% cent a bushel from 2 | yesterday's $1.24%, corn up 2 from)Com .'Tuesday’s 80%z, oats up %. from the 4 previous 48% the previous 1% 0%, and soybeans Medium Va | inactive.
, May rye % off from
Traders expressed less pessimism
4 today, and while disappointed over
the témporary flour ceiling, there was some feeling that when permanent ceilings are established ‘at the end of the 60-day period, they
* will be adjusted toward Righter 4 | levels.
GOAL MINERS’ UNION VOTES 6-DAY WEEK
CINCINNATi, O., Oct. 14 (U. P.).
the mine work week from five to
a |six days to step up coal production *|to war-time tempo, 4|that miners should be paid time
but insisted
and a half for the sixth day. The union also adopted a recommendation of its scale committee | that a wage increase be sought because of high living costs and be-
« | Cause miners’ earnings “are far be- . low those of other basi¢ industries.” The ‘cominittee, however, did not
make any specific wage proposal. President John L. Lewis of the
"3,|U. M. W. wired Fuel Co-ordinator
Harold A. Ickes of the convention agreement to Ickes’ request, adding that it would be necessary for the government to consider “a few vital|200problems” before the six-day week could be inaugurated.
A. F. OF L. APPROVES OF ‘JOB FREEZING’
TORONTO, Ont., Oct. 14 (U. P.). —The ‘American Federation of Labor today approved job freezing in war industries “provided the rights of workers are fully protected.”
executive committee report restating the A. F. of L. position in response to a request by Fowler Harper, deputy chairman of the war manpower commission. Harper telegraphed the conven-| tion that Chairman Paul V. MecNutt of the commission was “highly t| concerned” over an earlier resolution condemning the {freezing of workers in western mining and
$11.50; common and medium grades, $0G 14: thin Jight weights down to $7.50 vealers steady: $16; good ne choice, $15@16; out ans, $1450 d
BYAS AT RAILWAY EXPRESS
Robert J. Byas, formerly of St. Paul, Minn, has been appointed general agent for the Railway Express Agency here, succeeding
Michael J. Kelly, recently promoted to a superintendency at Cincinnati.
FUNNY BUSINESS
lumbering.
LOCAL PRODUCE
Heavy breed hens, full-feathergd, , 17 Leghorn hens, l4c. . Springers. 1%, lbs. and over; colored, 18¢c; barred and white rock, 19¢; cocks, All No. 2 poultry, 3 cents less. ggs—Current receipts 5 ibe. and . up,
Graded Eggs—Grade la A, medium, 6c; gra de A. 1 Ag dsc grade
grad Butter—No. 1, @48%ac; No. 3, 460 No. 2, 43c.
46'2c; butterfat, No» 1, 46¢c; (Prices on produce delivered Hy Indian. apolis quoted by Wadley
071020 CENTS
| Top Advances to $15 Here;|
—The United Mine Workers of Medium— «| America today agreed to increase
The annual convention adopted an| @14;
-7900' Porkers Arrive’ At Stockyards.
- Hog prices advanced 10 to: 20 cents at the Indianapolis stockyards today, the ' agricultural marketing administration repc . Weights from 160 pounds up made the 20-cent gain while weights sold 10 cents higher than yesterday. The top. was $15 for good to choice 240 to 280-pounders. Receipts included, 7900 hogs, 1475 cattle, 475 calves and 1775 sheep.
HOGS (1900)
$13.50 14.25 X 14.80
160- 360 pounds Packing Sows Good and Choice—
330 pound 330- 360 pound 400 pound
Good 450 pounds .cceciecvens 4%: 550 pounds . Medium 250- 580 pounds Slaughter Pigs Medium and Good-
es estes
[email protected] CATTLE (1475) Slaughter Cattle & Calves Steers 16.00
Choice 15.00 cedeseces [email protected] 15 1H
.2 esssssgecese [email protected] “oo He . 5.00
othe mands, 1 - poun 1100-1300 1300-1500
14.00 14.00
pound
“sees ncenren
11.76 11.78
ediume— 700-1100 pounds . 1100-1300 pounds .
Common— . 700-1100 mounds [email protected] Choice 600- 800 pounds . 800-1000 pounds Good=— 600- 800 pounds .. 800-1000 pounds
Medium— 500- 900 pounds ...
« 400 15.00
15.00
seseccsnane sesesssceses
[email protected] [email protected]
[email protected] [email protected]
sess sent eree sesstendee
mon-— 500- 900 pounds Cows (all weights)
Sesssannenee
‘Bulls (all weights) (Yearlings Excluded)
chine prsserivannesnsne 113501235
Sausage— Gdbd ‘(all weights) ceceefe.. Medium
Cutter and common CALVES (475)
Vealers (all weights)
Good and choice ............. Common and medium ° Cull (75 lbs. up)
Feeder & Stocker Cattle & Calves Steers
Beet— Good
12.00 11.50
11.50 10.25
Chotce— - 800 pounds 800-1050 pounds
Good— 500- 800 pounds . 800-1050 pounds
eessvee 1390813. sscesessecnss [email protected] 11.00012.00 [email protected]
Sutniven pounds sesssreseesss [email protected] 500- 900 3 pounds ............. [email protected] Calves (steers) : Good and Choice—
ste eteennse sseesstnseses
a. [email protected] 500 pounds down [email protected] Calves (heifers) Good and Choice— oy suds dOWR .ciceesees. 12.75014.50
500 pounds down ..... . 10.00013.7
~ SHEEP AND LAMBS (1775)
Ewes (sho Good and choice Common and choice
Lam Good and choice Medium and good
seesee
mmon i ys 12.75
a
ogs—Receipts, 10,000; barrows and slits pas 10@20 cents higher, neveaty To most of agdvalles hui Sows, unevenly la
good choi aid lb1s: So: top, 25, “compara hs ’ 160-1 1bs 1bs., Han S15. [email protected]; bulk 0-550 1bs., $14, 85@15, Cattle—Receipts, 11,000; 2 ves, 800; choice fed steers and yearlings, strong to 15 cents higher; $17 150d 10 for Ya dozen loads or more sca callng 1 1bs.; 2, best 1040-1b, yearlings, $16.75; medium jo good grades less active but fully steady; heifers firm; best, $15.85; cows; Jals cents higher; weighty beef cutters to $9; Asive trade on good gtade cows sho $11.50 upward to $12.50; bulls active Bh strong: weighty sausage $12.50; vealers steady to . R Sheep—Recei pts, .. Late Tuesday— Fat lambs closing 10 10 oy! 25 sents Bo other sla ter lambs, $14.10; us
throwo $11 yeariin S, $13; (TR slau 5.75; double 63-lb, fee Today's Trade—F at lambs earlings around 25 cents higher; slaughter ewes Strom ; ai j20uble choice Colorado lambs, $14.7 od and choice truck-in natives, re .25; throwouts mostly $11.25
ughier Swes,
wr; 2 2 doubles shoKe fat yearlings with | Li
1 skins, $12.50; few others, [email protected]; 6 doubles slaughter ewes gradin common to good, $5.50; few smal small lots, $5.75,
OTHER LIVESTOCK
" PT. WAYNE, Oct. 14 $s P.).—Hogs— 15 to 20 cents "higher; 260-280 lbs., $14.90; bs., $14.80; 220-240
240-260 1 4 $14. 0; .60; . 280-300 Ibs. uM, 75: 0; 350-400 Ibs. ; 160-180 Ibs. ay its 45: $14.15; 140-150 1Ibs., 3.90; gi a 100-130 1bs., "$13.40. ags, $12.75; male h
Ro! io ive $16; lambs, $13. ewes, $5.25
DAILY PRICE INDEX
- NEW YORK, Oct. 14 (U. P).—
no| Dun & Bradstreet’s daily weighted 14
price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Yesterday SIRT Week Ago resesseessnseaseess 160.65 MONth AO ...cvecenseosrenss 150.61 YORE ABO ......cvsesivasesses 143.51 1942 High (Oct. 1) ...0veiesss. 16145
s| operation with the U. S. bureau of
25! the record crop represented 54 bush-
oof largest on record.
$5 nd
4.60; | Van Camp
1042 Low (Jan. 2) ............ 15154
‘Bank Clearings S8so0ssnrnssnsnidone $27,476,000 Bank Debits .......c.000000i00000..571,399,000
‘Postoffice Receipts .............0cse ‘Building Permits .........ce0ceeees Houses Apartments ......ccivvennennean ‘Business easbosnsnsnvsns soinnin Industrial ........co0c00000n00e Public tssSeirarinsevrasrsanse Repairs and Alterations........ Applied for Jobs...........cce0rnevs Received Jobs .......... Filed Unemployment Claims....... Freight Carloadings: VINDOuIE +... ciecivinisarens Outbound
Sssscnssnibe
F Electricity Output (by kwh) sess
Water Pumpage (gallons). ........ Streetcar Passengers (Oct. 3)...... Telephones in Use (Oct. 8)......... Livestock Receipts (head).........s Cattle : CRIVES .ovvacecisicrcassssrnceess HOES aesesrsaianinviseiseressss Grain Receipts (bushels)...,....... Corn WHERE ceseaessicoreccicriseeers Oats
Rye 0000000000 00000000000 000008
- Soybeans $0000% 00st nsnvsnnse
Ssssesecssesnsssssenscene
0000000000000 000000000000
. 278,270,000
Week Last Week Before A Year Ago $28,810,000 $24,949,000 $76,980,000 $65,530,000 $118,572 $82,968 | $86,580 $234,018 $54,700 $191,400 0 ° $3,500 $32,245 $25,000 0 nh $3,380 $10,373 1,014 12712 25 612 109 538
Week
$81,395 $166,515 $159,000 0 0 0 0 $7,515 1,067 675 158
+ 4,492 2,808 17,015,000
4,147 2.832 16,873,000 281,730,000 1,917,200 +119 67,353 7,707 2,973 45,711 10,962 1,007,000 786,000 101,000 104,000 2,000 14,000
4,308 2,590 15,187,000 269,160,000 1,403,567 +392 66,615 5,992 2,530 48,156 9,937 462,000 300,000 25,000 118,000 5,000 14,000
1,946,441 +197 69,694 6,591 , 2673 51,127 9,303 870,000 639,000 119,000 62,000 0 50,000
$2,511,285,000 $3,009,885,000
10,433,990,000
: 1942 % Chge. ThusFar ThusFar ‘42vs.'dl $979,772,000 $1,129,149,000 + 153 + 199 + 48 - 36.8 — 40.6 -=100.0 — 198 + 48 - 96.3 - us + 11.7 + 18.5 + 183
$3,723.75 $9,451,507 $5,701,605 $2,837,125 $1,211,760 $1,745,300 $434,000 $903,533 44,451 22,406 12,660
$3,894,347 $5,970,013 $3,387,080 0 $244,841 $1,826,040 $16,300 $498,579 52,302 26,558 14,962
162,974 101,586 626,471,000 11,062,870,000 69,399,224 118,524 2,311,713 259,297 123,168 1,685,117 247,921 26,444,000 18,431,500 6,706,000 4,426,000 320,000 554,600
- 43 - 54 + 111 + 60 +314 + 88 + 18 + 268 -3a 0.7 52 53 03 + 653 - 18 + 39.7 + 16.8
170,107 107,426 564,088,000
52,831,697 108,910 2,270,202 204,551 119,457 1,674,138 235,576 27,928,000 18,487,000 4,060,000 4,802,000 229,000 475,000
Sources of above figures: Indianapolis Clearing House association, Indianapolis postoftice, city building commissioner, | Indianapolis office of the U. 8S. employment service, Pennsylvania railroad, New York Central railroad, Baltimore & Ohio, |
Tilinois, Central, Chicago, Indianapolis & Louisville (Monon) ;
New York, Chicago
& St. Louis (Nickel Plate); Indianapolis
Water Co., Indianapolis Railways, Bell Telephone Co., Agriculture marketing service, Iudiapapolia 3 Board of Trade, Indiane
apolis Power & Light Co.
BIGGEST CORN CROP EXPECTED
220,914,000-Bushel Yield For State Estimated By Purdue.
LAFAYETTE, Oct. 14 (U. P.).— Despite threats of extensive corn borer damage to Hoosier corn crops, Indiana today claimed its largest crop in history with an estimated harvest of 220,914,000 bushels. Purdue university, working in coagricultural economics, estimated els of corn per acre, four bushels greater than the previous record established in 1939. Department estimates placed the current crop at 25 per cent more than last year’s and fully 38 pet cent in excess of the 1930-39 average. Carry-over on Indiana farms of old corn was set at 15,374 bushels and, augmented with this year’s crop, Purdue farm leaders predicted the Hoosier feed supply would be the
Several factors entered into growing the crop, which for. several weeks was threatened with extensive destruction because of the Eurbpean corn borer. Officials said extremely favorable growing conditions prevailed tassughout most of the state. Inc planting of hybrid corn tended to make the record crop, and concentrated use of commercial fertilizers, combined with other factors, played a prominent role in: production. Estimated carry-over of oats on farms will: be 40,893,000 bushels, so "al to 1941 but one-third greater 00 | than average. The carry-over of wheat on farms was estimated at 6,970,000 bushels, one-half as much as 1941 or average. Soybean production was forecast thiat 30,135,000 bushels, more ‘than ce | twice 1941 crop figures and five and a half times as large as the average
crop.
‘LOCAL ISSUES
inal quotations furnished by local 0 "ot Nations Association of Securities
Siocks.
Belt RR 8 Belt RR She vas 8% . id Bobbs-Merrill com Bobbs-Merrill 4%% pf .. Gomwlth Loan 5% pid..... La
98 14% "85%
‘01 12%,
pid.. Union Citle Co com .. Duited - Sta vr n Cam Cereuss a p
Algers Wins’ w W RR 4%2%.. American fean 51 "| American Loan 5s 46 Cent Fmt Sas 42-51" Ch of Con Co 42s 51. ‘Citizens ind Tel 4%s= 61. 108
y, | pany would comply with certain
Allison's Wins Army-Navy 'E'
THE ARMY-NAVY “E” pennant will wave over Allison's here. The award was announced yesterday by Robert F. Patterson, undersecretary of war, and James V. Forrestal, undersecretary of navy. 3 F. C. Kroeger, Allison general manager, commented: “We are proud of the outstanding job the men and women of Allison’s have done to ‘merit this. high production award. “The standards which earned the award must be continued, and even bettered. ‘We must build today the enginés we had expected to build tomorrow. We can do no ' less.”
NEW YORKER HEADS INSURANGE. GO. HERE
Norman T. Robertson was elected president and general manager of the Secured Fire and Marine Insurance Co. which has its main office here, at a directors meeting yesterday. * Mr. Robertson, for the past several years, has been a reinsurance intermediary in New York. He is a native of Texas and has been associated with the Continental Insurance Co. and National Liberty group of insurance companies,
TEXAS FIRM BUYS PLANT U. S. SEIZED
BOSTON, Oct. 14 (U. P.).—The Murray Co. of Dallas, Tex. today took over the $1,000,000 war production plant of the S. A. Woods Machine Co. which was seized by the army on presidential order Aug. 19 after wage negotiations resulted in a strike.
the war department, said the Texas
both the seized South Boston plant and the Natick plant of' the 92-year-old Wood company. He did not disclose details.
NEW BUS LINE TO
The Central Illinois Coach Lines, Inc., has been given authority to operate as a common motor ceach carrier between Effingham, Ill, and Vincennes, Ind., by the interstate commerce commission. The authority was granted provided the com-
Maj. Ralph F. Gow, representing xX
company had arranged to operate;
VINCENNES IS 0.K.’D%
WASHINGTON, Oct. 14 (U, P.).—| No.
INDIANA PETROLEUM ASSOCIATION MEETS
The Indiana Independent Pee troleum association opened a twoe day convention here today at Hotel Severin. The speeches will center around the industry in wartime. Talky scheduled for this afternoon ine - cluded “Results of Gasoline Ration» ing in the East,” by John Harper of the Harper Oil Co., Long Island City, N. Y.; “Purpose and Activity, of Petroleum Industry War Coune cil,” by Royal E, Decker, Plymouth Oil Co., Detroit, Mich.,, and “Tire Regulations and Effect on Petroleum Industry,” by Prof. Warren Leigh, OPA, Washington, D. C. The association was to elect of ficers this afternoon and a banquet and entertainment is scheduled for 6:30 p. m. - The convention will ree sume at 12:30 p. m. tomorrow and will adjourn with another banquet tomorrow evening,
B. & 0. DIVISION LINE HAS MEETING HERE
One new director was elected at the annual stockholders meeting here yesterday of the Cincinnati, Indianapolis & Western Railroad Co., the main line of which forms that part of the Baltimore & Ohio system from Hamilton, O., through Indianapolis to Springfield, O. R. L. Snodgrass of Baltimore, Md, was » elected ot succeed the late’ George M. Shriver. Other directors” were re-elected. The majority of stock is owned by the B. & 0.
U.S. STATEMENT
WASHINGTON, Oct. 14 ) .—~GOVe ernment expenses and Sects gs "for the current fiscal year through Oct, 12 come pared with a year ago:
This Year.
v
Al
Last Year.
6,781, Gold Res. 22,787, 647,158." 158.70 22, 115,31, 390.99
INDIANAPOLIS S$ CLEARING HOUSE fleasings Debits
WAGON WHEAT Up to the close of the Ghicago Joasket’ ; today, Indianapolis flour mills and n elevators paid $1.24 per bushel for * red wheat (other grades on their merits) 0. 2 yellow shelled corn was 78c per bushel and No. 2 white shelled corn, gic} white. oats, 46c, and No, 3 oats, tse A :
SAFE DEPOSIT BOXES
AMERICAN NATIONAL BANK
ICC regulations,
MUIR LE SIAN
LEON TAILORING co
235 Mass Ave. i. rat ieiee
SHERWIN WILLIAMS
Beca Longer.
'VONNEGUT'S
AT INDIANAPOLIS
HANGERS-—I¢ EACH
We he A rR er ay 41 Sows A All Over Indp
IVETE
You Save Because We Save Men’s Suits & Overcoats | 16° 'I° 21° 24° |
~ CASE CLOTHES 215 N. Senate — — Open 9 to 9
FUR COATS
R CO.
CIITA