Indianapolis Times, Indianapolis, Marion County, 16 December 1942 — Page 22
GE 22
USINESS
War Manpower Commission Sets Up To Solve Evansville Labor Problem
By ROGER BUDREOW
~~ AFTER COUNTING NOSES, EVANSVILLE found that before next fall something has to be done about its labor supply situation. Somehow, Evansville manages to be in the limelight. When it was called “defense,” Evansville was creating a furore over being left out. When automobile and ‘refrigerator production was halted, Evansville officials hit
the ceiling.
They hit it so hard that now Evansville is swamped with war contracts. So swamped, in fact, that it has become nec-
essary to establish a war manpower commission office there,
the first in the state. In normal times Evansville has around 14,000 factory workers. But now with a booming shipyard and a growing airplane factory, employment has soared to 30,000. But by next fall, if Evansville meets all the demands made upon it, it will be necessary to have 52,000 workers in the factories. Faced with such a job as that, the WMC stepped in and an employerlabor committee
Mr. Budrow
a formed. Evansville has always been able to get together in such matters
better than many other areas. For one thing, a few industries dominate the picture. These include Servel, Sunbeam, Chrysler and now Missouri Valley Bridge & Iron, the shipbuilding company, and Vultee aircraft.
or . A much more difficult situation
will exist when and if the WMC has to help in the Gary district: It is regarded as next most critical area, as to labor. But up there you have the influence of Chicago which would be disrupting, to say the least. ” 2 os ODDS AND ENDS: Army has a “corner” on all sheet and pillowcase production for several months. , . . WPB has stopped work on five
reclamation projects in the West.
« » « Jesse Jones’ RFC has put 18 billion dollars into war industries so far. . . . Roasted cereal-chicory is being sold as a coffee substitute. « « « Powdered meat will be added to British diets before the war is over,
officials predict. . . . Railroads, as to
be expected, are putting up a stiff battle against OPA’s request to cancel the rate and fare increases
granted last spring.
MACK TRUCK PLANT TO MAKE BOMBERS
‘WASHINGTON, Dec. 16 (U.P.).— Navy torpedo bombers will be built by Vultee Aircraft, Inc., at the Mack
Motor Truck Co, plant at Allen-
town, Pa., the yar production board , announced today. Converting a section of the motor truck plant to production of aircraft will save at least six months in the output of “a large number” of torpedo bombers, said Charles E.
Wilson, production vice chairman of WPB.
Wilson wrote C. T. Ruhf, vice president and general manager of the Mack International Motor Truck Corp., that the latter’s co-operation
in turning over the plant to Vultee
was “unique in our experience.” Wilson pointed out that extensive expansion of Vultee production facilities was necessary. This would have taken considerable time, he said, but the problem was solved when the Mack company agreed to
vacate one of its large plants in
Allentown so that Vultee could move
in and “quickly get into production
of the torpedo bombers,
Townsend Realty Corp, 21 N. Catherwood ave. Indianapolis; agent, John F. Townsend, same address; 100 shares without par value; Besse K. Townsend, Earl ‘C. Townsend, Earl C. Townsend, Jr., John ¥. Townsend.
You Save Because We Save Men's Suits & Overcoats
6” *18" 21" ‘24°
CASE CLOTHES iad N. Senate Av. Open 9 to 9
of MOTH JIOLES—BURNT SPOTS
LEON "TAILORING CO. 235 Mass. Ave. In the Middle of
GENERAL TIRE IN RADIO FIELD
Buys Yankee Network ‘in New England; Part of Post-War Plan.
AKRON, O., Dec. 16 (U. P.).—The General Tire & Rubber Co. announced today that it has purchased the Yankee network, radio chain serving 21 New England stations, some of which are owned by the net-work, William O'Neil, president of General, said the purchase was the first step in post-war expansion plans of the rubber company. The plans in-| clude entrance into cther fields of
said. John H. Shepard III, president|G and general manager of the network, will apply within the next few days for transfer of the chain, the announcement said, adding that Shepard will be retained in the General Tire program.
with plants in Akron and Wabash, Ind. Since Pearl Harbor it has converted 100 per cent to war work, making 500-pound bombs, barrage balloons, navy barges, lifeboats, reconnaissance boats, life belts, gas masks and other war materials in addition to tires. “The post-war America is going to be an entirely new America,” O'Neil said, “with increased manufacturing capacity and facilities, entirely changed methods of merchandising and advertising, a tremendous buying power and an even higher standard of living. “With this in mind we are making plans now for our expansion after the war.”
SUGGESTS LOWER RATES FOR COFFEE
WASHINGTON, Dec. 16 (U.P.) — A reduction in railroad freight charges on coffee shipped from gulf coast points to Chicago, St. Louis and Memphis without regard for long and short haul regulations has been recommended to the interstate commerce commission by Examiner Andrew C. Wilkins.
was one of America’s large coffee consuming centers and because of present conditions the rate from the gulf coast should be the same as from New York.
DAILY PRICE INDEX
NEW YORK, Dec. 16 (U, P.).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Yesterday ...ocoeecsenniassss 16440 Week AZ0 «ecoscessscescesee 162.80 Month ABO secescssecvecsses 160.02 Xear AZO ...csceeseessaies.. 140.82
1942 Low (Jan, 2)...eccee.0s 151.54
SAVE on FURS
of QUALITY
n Fuha 2440 N,MERIDIAN
HANGERS—Ic EACH
We buy sable wire garment hanger: at 10c per bundle of 10.
41 Stores All Over Indpls.
ITLL.
the First Block
WHEEL CHAIRS Why buy one? Rent one at
HAAG’S ALL-NIGHT
DRUG STORE 22nd and Meridian
ASKIN & MARINE
Good Clothes, Easy Credit 127 W. Washington St.
WE Buy Diamonds
HIGHEST Tsu PRICES
STANLEY Jewelry Co.
Wash. Lincoln Hotel Bldg.
USE YOUR CREDIT at IVIIGISHSIINGS!
CLOTHING COMPANY
131 W. Washington St. Directly Opposite Indiana Theater
manufacture and merchandising, he | Cho
Until the war General confined its M manufacturing entirely to rubber|g
Good and choice .. Wilkins pointed out that Chicago Medium and good
1942 High (Dec. 15) censeecaes 164.40 we
WASTE PAPER
. AMERICAN PAPER : STock COMPANY
320 W. Mich.
. SHERWIN WILLIAMS
Has a Fait for Ev
ur VONNEGUT'S
5
IE ual BOXES
100% FUR FELT HATS 2% to *3%
No Wool Content
TOP PRICE FOR HOES IS $14.30
Market Fully Steady at Local Stockyards; 9300 Received.
Hog prices were fully steady at
with a top of $14.30, according to the agricultural marketing administration, Receipts included 9300 hogs, 1000 cattle, 400 calves and 2000 sheep.
HOGS (9300)
[email protected] 3 50@14:25
220- 240 pounds .. 240- 270
270- 300 300- 330 330- 160 Medium— 160- 220 pounds Packing Sows Good to Choice— 270- 300 300- 330 0- 360
ve - Sseesenprere
. [email protected] [email protected]
+ [email protected] [email protected] . [email protected] [email protected]
Good— 400- 450 pounds eccceccccccs .. [email protected]
450- 500 pounds ...eeceece.e
Medium— 250- 550 pounds ........ esse [email protected]
Slaughter Pigs
Medium to Good— 90- 120 pounds
CATTLE (1000)
Slaughter Cattle & Calves Steers
pounds pounds pounds pounds
1100-1300 1300-1500 Good— 700- 900 900-1100 1100-1300 S05 Mediu 700- 1100 pounds 3100,1500 pounds
700-1100 pounds
pounds ... pounds pounds ... pounds
. B Ha 7
. 13 T9015. 00 [email protected]
11.75 11.75
13.75 13.75
ice— 600- 800 pounds “ee [email protected] 590-1000 pounds sees. [email protected]
I 800 pounds . [email protected]
800-1000 pounds Medinm-— Spa ae pounds . Com 500- 900 1 pounds Cows (all weights)
10. BOI 2
ood ..
Cutter and common 6. 00@ 7. 50
Bulls (all weights) (Yearlings Excluded)
e080 cscs [email protected] Sausa,
Good all weights) .cevevee. [email protected] Medium [email protected] [email protected]
Beef— Sed +» essees
Cutter and common
CALVES (400) Vealers (all weights) Good and choice [email protected]
Cull (75 Ibs. up) [email protected] Feeder & Stocker Cattle & Calves Steers
seseesseanas [email protected] [email protected]
Cholce— 500- 800 pounds 800-1050 pounds ..c.cecavsees Good— 500- 800 pounds 800-1050 pounds Medium-— 500-1000 pounds ..eececesee Common— 500- 900 pounds Calves (steers) Good and Choice— 00 pounds down Medium— 500 pounds down
Calves (heifers) ‘Good and Choice— 500 pounds down eee.... eos [email protected]
Medium — 600 pounds down [email protected]
SHEEP AND LAMBS (2000)
Ewes (shorn)
Good and choice «wo. 17.00@ 8.00 Common and choice . 5.50@ 17.00
Lambs
«so [email protected] . [email protected]
. [email protected] [email protected]
[email protected] [email protected]
sesseesee 15.38 15.50 15.00
12 00013. 5 * Yearlinz Wethers
Good and choice Merium
14.00 12.50
CHICAGO LIVESTOCK
Hogs — Receipts, 19,000; active, fully steady; good and choice e, 190-330 Ibs. jis. 90 G14 05: bulk sales all weights, 200 s. up, $14 and $14.05; top, Sle) od i? choice, 160-190 lbs., $13. 13.90; sows mostly steady and good I glen: 400 lbs. gow, $13.90@14; bulk, 450-550 Ib. ov ia $13.7 5@13. 90; extreme weight down Cattio- Receipts, 8500; calves, receipts, 800; fed steers and yearlings, 150 25¢ h high 4 er; active at advance; bulk, $13.50@16; top, $16.50; several loads, $16.25 @16.40; heifers shared steer advance, a $15 bulk, [email protected]; cows firm to 15 cents higher, cutters to $8.75, most fat cows, $9.25@11; bulls, 10 to 15 cents up with weighty sausage bulls to $12.90; vealers, steady at $15.50 down; stock cattle slow,
Sheep—Receipts, 9000; today’s trade, fat lamb market in few’ opening sales and bids weak to 15 cents or more lower, few loads of strictly good and choice few wooled lambs, $15.25; odd lots natives, $15; no other classes sold sold early.
OTHER LIVESTOCK
FT. WAYNE, Dec. 16 Sisagy; 160-200 1bs. os si; a: 70: $50. 160 iy o 3 3. 75: 140-150 $i 13. 3,50: 130-140 1bs., $13. 25; 100-130 1bs., oi Roug hs—$13.25; sta S, $11. 50; male ‘hogs, P 50 doy own} calves, $15.50; lambs, $15; ewes,
14.25 13.75
‘WAGON WHEAT
Up to the close of the Chica today, Indianapolis flour mills gl elevators paid $1.33 per bushel for No. red wheat (other grades on tnete hetite), te as pin doe "A No: 2nd ote : ow corn, No. 3 white corn, 98c. per bushel" an
Incorporations—
Jane Lee Stores of Indiana, Inc., 25 Monument circle, Indianapolis; agent, William C. Harrison, same address; 8 shares class A common, 8 shares class B common and 8 shares class C common of $50 par value; sale of general merchandise; Rachel Bjrabaum, Irene Gershman, Robert E. The McClure Mfg. Co., Marion; amendchanging name to McClure Coal &
Evansville; final Inc, Hammond; dissolution
Michigan Limestone & Chemical Co., Michigan corporation; withdrawal, Fabric Roll Protector Co., South Bend; “cone ion. Liutor 84 conomy uor ores, Inc,, Warsaw; nt, Lillian uise Anderson, R. F. >. a erceton; 500 shares no par value; Lillian Louise Anderson, John Ferris, Mary
. Munsie Joint Information Office, Inc. 1128 8. Mulberry st., Muncie; no capital stock; to maintain office to comply with orders of office of defense transEostation of the federal government; Gail Hunt, Norwood S. Craig, Michael J, Uremovich and others. Fred Medart Mfg. Co., Missouri corporation; amendment of articles of incorporation. Roy Randolph, Indianapolis; registra tion of trade-mark, “Raythorne’'s No-Boil Anti-Freeze,"” class 6: chemicals, medicines and pharmaceutical preparations. Western Founda atin Co., Illinois coration; change agent to Jacob 8. ite, 1511 at Bank bldg., Indiahapolis amberiain Metal Weather Strip Co., me. tor og williams, Het E. 10th 0 Indianapolis.
Naas Sanderson Co., dissolutio! John oO -hmuser,
st.,
R.| barred and white rock, 22c; cocks,
the Indianapolis stockyards today| i
built by the government in Texas.
when filled. skimmings are drawn off.
Tin is being refined in the United States now, at a large smelter
Here the tin ore, just discharged
from the crusher, is stored in stockpiles. The raw ore comes in bags direct from the rich mines of Bolivia.
Tapping the furnace of the tin smelter in which pure tin is extracted. Here tin is drawn off into floats which weigh about 18 tons The metal is then conveyed to polling kettles where
JESSE JONES IRKED BY PERKINS’ TACTICS
WASHINGTON, Dec. 16 (U. P.)— Secretary of Commerce Jesse Jones told the senate banking committee recently that the United States is paying 10 to 20 times the normal market price for some strategic materials to keep them out of axis hands, it was learned today. Tungsten, used in processing steel, was mentioned specifically. Jones told the committee that “there is no way to measure its value to us by way of dollars and cents.” “The real measure of the value of such material is the lives of our boys,” he said. “Our job is to keep such material from going to the axis if dollars will do it.” Jones was questioned about his activities as a member of the board of economic warfare and said that he was seldom consulted when the agency, headed by Vice President Henry A. Wallace, wanted financing out of Reconstruction Finance Corp. funds. The BEW, he said, is empowered to issue directives to the RFC “requisitioning” funds for whatever purposes it deems worthy. “The board meets occasionally, but few things are submitted for discussion or a vote,” Jones was reported to have said. “The BEW is largely directed by Milo Perkins and his assistants.” Senator Charles W. Tobey, (R., N. H.) asked if Perkins was a “oneman band,” and Jones replied: “That is about correct.”
LOCAL ISSUES
Nominal quotations furnished by local unit of National Association of Securities Dealers. Bid Aske Agents Fin Corp com Agents Fin Cor, pd. Belt RR Stk Yds Belt RR Stk ¥ds 6% pid. . Bobbs-Merrill ¢
; | Bobbs-Merrill Dh pid
Circle Theater com Comwlth Loan 3% Je Hook Drug Co Home T&T Ft Wayne 7% pid. 51° pf
Indpls Water p Jugpis Water Class A com. In Loan Co 5% pid Ln Nat Life Ins com Ind Pub Serv 5%% pid .
s—|N Ind Pub Serv 6% pfd | N Ind Pub Serv 7% P.. «| Progress Laundry .com.
oe 1 Pub Serv of Ind 5% pid . ssecss Pub Serv of Ind com So Ind G&E 4.8 Cr United Tel CoO 5% .eeees Union Title com .... sos Van Camp Milk pfd..... esssse Van Camp Milk com..c.ev0eee Bonds
Algers Wins'w W RE 4%%.. American Loan 5s § American Loan Cent Newspaper 4%s "42-51. Ch of Com lag Co 4%s 51.. Citizens Ind Tel 4's 61 ... Consol Fin 6s 60 Crabb-Reynolds-Taylor 4s Home T&T Ft Wayne 6s 43. Ind Asso i So 3¥%2s 70 Indpls P&L 3 Indpls Railway “co 5s 8 Indpls Water Co 3Yzs 6! Kokomo Water Works 8 58.. Kuhner Packing Co 4%s 49.. Morris 5&10 Stores 5s 50 Muncie Water Works 5s 66..
Pub Serv of Ind 4s 69 Pub Tel 46s 55 Richmond Water Wks 5s 57.. Trac Term Corp 5s 57 *Ex-dividend.
LOCAL PRODUCE
Heavy breed hens, full-featherd, 20c;
Leghorn hens,
"1c. Roasters, 4 lbs. and over; solored, 21¢e; white rocks, 22c; barred Jocks, 3 All No. 2 poultry, 3 cents less. Eggs—Current receipts 54 lbs. end up,
0c. Graded Eggs—Grade A, large, 39c; grade A, medium, 37c; grade a, small, 3sc; ro
erade, 356 iC. —No. 1, 48@48%¢c; No. 2, '460@ Pd gr $, No. 1, 46¢c; No. 2, 43c. (Prices on produce delivered at Indianapolis quoted by Wadley Co.)
WAGON WHEAT
Up to the close of the Chicago Jparke: today, Indiana) flour mills and red ‘wheat paid $1.36 per r bushel for 2
re: . 3 white oats, 46¢c, and No. 2 red oats,
fo. 3
toc: No, 3 yellow corn, 80c per bushel, and No. 3 white corn, 98¢c. ‘
Springers 1% lbs. and over: colored, 21c; ?
heat (other grades on their merits). |
Pullman to Make More Plane Parts
CHICAGO, Dec. 16 (U. P.).— Harry V. Hughes, assistant works manager of the Pullman-Stand-
‘ard Car Manufacturing Co. ane
nounced today that new war cone tracts would boost the production of “flying box car” subassemblies to “vastly increased numbers” in the former railroad freight car factory. The new contracts, which total 14 times the government's initial orders, he said, called for “vastly expanded production” of wings and tail assemblies for Uncle Sam’s largest aircraft of the two and four-motor cargo type. Hughest said that $5,340,000 had been appropirated for aircraft expansion at the Pullman-Standard plant. Recent plant expansion, he said, was made possible through Defense Plant Corp. approval of $2,500,000 last April 1 and an adidtional $1,340,000 on Oct. 26. :
WHIFFING, HEAD OF SAFETY CLUB, HERE
Wayne Whiffing, safety director at Lukas-Harold Corp. was elected president of the Industrial Safety club of the Indianapolis Chamber of Commerce last night. He succeeds E. A. Frosch of the Allison division of General Motors. Karl A. Cretors of Hugh J. Baker & Co. was elected vice president. Ray Black, safety supervisor at Allison, was elected chairman of the executive committee, succeeding C. M. Richart of Mitchell & Scott
d| Machine Co.
NO DIVIDEND ACTION LOS ANGELES, Dec. 16 (U.P.).— Directors of Consolidated Aircraft Corp. and Vultee Aircraft, Inc., took no action today on dividends on the common stocks of the respective companies. Previously this year, Consolidated paid a dividend of $1 a share and Vultee an initial of 50
cents, both on April 18.
hel A,
tol A
Fis
These are “pot boilers” in which the pure metal is kept at a temperature of about 750 degrees Fahrenheit until it is poured into molds. The plant-is the finest and most modern in the world. ' Before the war, England and Holland did most of the tin smelting,
NICKARD HAVING ‘BUREAU WARS’
May See Byrnes to Iron Out |4
Trouble With WPB, OPA and ODT.
WASHINGTON, Dec. 16 (U. P.).—|Bo
Economic Stabilizer James F. Byrnes may be called upon soon to iron out some difficulties Secretary of Agriculture Claude R. Wickard is having on the new wartime food program with the war production board, the office of defense transportation and the office of price administration. President Roosevelt named Mr. Byrnes as his agent, to be the judge in disputes between Mr. Wickard, as
the new food administrator, and |;
other government officials. The new powers leave virtually no phase of the war effort, as it affects civilians, outside Mr. Byrnes’ scope. Mr. Wickard and WPB have clashed over production of farm machinery for 1943. Mr, Wickard originally called for an output equivalent to 50 per cent of 1941 production. WPB proposed 25 per cent. A compromise of 37% per cent appeared agreeable, but at the last minute it was lowered to 20 per cent. Mr. Wickard has complained that that low percentage is a threat to the food program. Unless WPB yields, it may be one of the first disputes to be decided by Mr. Byrnes. supersede any to the contrary issued
by WPB'’s two top men—Chairman 5
Donald M. Nelson and Vice Chairman Ferdinand Eberstadt. Wickard also is said to be in disagreement with ODT Director
1Joseph B. Eastman over farm truck
transportation. Wickard is ipsisting on liberalization of orders applying to supplies. of gasoline to be made available to all commercial vehicles. He insists that farm trucks
come in a special category which
should receive special treatment. Differences of opinion exist between Wickard and OPA Administrator Leon Henderson over rationing and distribution of food. President Roosevelt’s order establishing Wickard in his new post directed that he and Henderson consult on the amount of food to be rationed and when restrictions should become effective. Complaints, it is known, have reached Wickard about the shortage of meats in some areas. He blames it on OPA’s maldistribution policies.
APPLY FOR GAS JAN. 1
Salesmen whose products-are essential to the war effort were advised today by Kenneth M. Kunkel, state rationing officer, not to apply to their locdl war price and rationing boards for supplemental gasoline mileage rations until Jan, 1,
Mr. Byrnes’ orders would | gi6r®%
N.Y. Stocks et ol
High eer 9-32 Ya 26% 1% 4
Allegh Corp .. Allied Chem ...139 Allis-Chal
ope “pe 3 +
Armour Ill Atchison Atl Refining ... Balt & Ohio . Bendix Avn .
Borgs«Warner .. Bdgpt Brass Ches = Ohiopf. Chrysle Co
Curtiss-Wr .... Dome Mines . Dow Chem ... East Kodak ... Elec Auto-L . Gen Electric .. Gen Mills pf . Goodrich
Db . w .
8Ys
Hudson Motor . 4 4% 4% ... 10% 10%—3-16 56% 51% + Y%
Indpls P & Lt.. Int N 65s T1Y4 27% 19%
26 30%
Kennecott Kresge SS . 39 Kroger G&B .. 26% L-O-F Glass .. 31 Link Belt 23 Monsanto pt A112% Nash-Kelv .... 6 Nat Bisciut ... Nat Cash Reg.. Nat Dairy .... N Y Central .. Ohio Oil . Packard fan Am Alrys. 2% a
Phillips Ret .
FEE FF
“ =
SEI el +1 i: =
Ly
Rem Republic St1 .. Sears Roebuck Servel Inc Socony-Vacm South Pac ... 156 Std Oil Ind ... J. 45
IEEE bes Ewan
&
Un Gas Imp pf.10 US Rub 1 pf . U S Steel pf .. U 8 Tob Warner Bros . West Union .. West Air Bke . Westing El .... White Mot .... Woolworth . Yellow Tr Young Sheet . Zenith Rad ...
.
Peele br;
Complete ‘New York stock quotations are carried daily in the final edition of The Times.
THREE RAILROADS GET NEW PRESIDENTS
CLEVELAND, Dec. 16 (U. P.)— Three railroads ‘serving the industrial center of the Midwest were headed by three men today after having one presidence since 19317. Carl E. Newton, New York ate
-| torney, was named president of the
Chesapeake & Ohio railway; John W. Davin, president of the Nickel Plate, and Robert J. Bowman, president of the Pere Marquette Railway Co. George D. Brooks retired as acting president of the roads after serving for the last five years, but will continue in a consulting capacity. :
SS ISTE
IN SHIPBUILDING
Lyttelton Says Britain and U. S. to Exceed 20 Million . Tons in 1943.
LONDON, Dec. 16 (U. P.).— Britain will be able to increase her was effort as much as one-third through agreements reached for American materials and equipment, Capt. Oliver Lyttelton, minister of production, told the house of come mons today, Reporting on his recent visit to Washington to discuss war production problems, Lyttelton said combined Anglo-American shipbuilding will “substantially exceed 20 million tons dead weight in 1943." Dead weight tonnage of shipping is carrying capacity, expressed in
| American tons of 2000 pounds, of
cargo, passengers, stores and fuel. The United States, Lyttelton said, plans to build a higher proportion of faster vessels. “It is presumed that Britain will get a portion of them,” he said. Definite agreements were reached,
Y|he reported, for the materials and
equipment to enhance British war effort, during his four “weeks in Washington.
Agree on Minimum
The most important agreement reached, he told commons, cone cerned a minimum program for ime
» ports from America during 1943.
“The United States government
has undertaken to allow to us, 1% | from their expanding production of
American ships, the tonnage needed to achieve this program,” Lyttelton added. He said the United States had agreed to details of new British merchant shipbuilding and the utili=
2| zation of American shipping for
Britain. There was arranged also, he said, a combined program for building escort vessels and for alloting them
to both the British and American 2| navies.
Furnish Transport Planes
Agreement was reached for a further allocation of American raw materials and finished munitions for British ground forces and for various types of aircraft, including transe port planes, for British use. Announcing the 20-million-ton shipbuilding program, Lyttelton said: “This colossal total in a single year represent twice the mercantile tonnage controlled by the United States before the war.” The allocation of %ircraft for Britain for next year will be, he said, “higher than any figure previous discussed.”
WHEAT FUTURES AT NEW SEASON HIGH
CHICAGO, Dec. 16 (U, P.).—
wn Grain futures eased fractionally
after wheat reached a new season high in early trade on the Board of Trade today. At the end of the first hour, wheat was off %4 cent a bushel; corn off 14 to %; oats unchanged to off and rye off % to 1 cent. Soybeans continued inactive. Minneapolis trade circles reported that wheat offerings in the futures markets were steadily absorbed yes-
.|terday by mill buying and order
buying over public wires,
U. S. STATEMENT
WASHINGTON, Dec. 16 i. P.) —Gove ernment expenses and receipts for the current fiscal year through Dec. 14 come pared with a year ago: This Year. Last Year.
Expenses $31,574,207, 583 92 $10,056,519,075.08 War d. 29,074, 362.31 45
Clearings Debits
Atkins Realty Co., Gary; articles ace cepting pI Dr isions of General Corporation sharés common of $100 per val ia
WE PLANNED FOR TODAY 6 YEARS AGO
Of course, we didn't foresee the war, But we did antici
jes growing America and an accompanying need for more efficient transportation. Moreover, as one of
America's great railroads, we accepted our responsibility
to meet this need.
Six years ago, we undertook a program of Planned Prog-
ress, to increase the
efficiency and scope of Rock Island
service. To this end we made many improvements. We built giant bridges; reduced grades; eliminated curves. And we reballasted and improved our roadbed, laid heavier rails, put in millions of new ties, to accommodate heavier,
{aster traffic,
We built one of America’s largest fleets of streamlined trains— the famous ROCKETS, and put into service scores
of Diesel-powered switch engines. Many mod
y modem improve
ments such as roller bearings have multiplied the speed and power of our steam locomotives. Every piece of rolling stock has been put in top condition.
These improvements . . . plus many more . . . have pre-
pared Rock Island to move the men and materials of
war
in a precision-like, efficient manner. They make it possible Bor eter 0 bs rhe ae a hale
Moors ight, dong tue millions of tou-siles per day we
As we receive the necessary materials now on order, we shall continue to increase our ability to serve America.
FOR HOLIDAY TRAVEL— heavy troop move-= ments, plus the many men of the armed forces on well-earned furloughs, will crowd to ca‘pacity all transportation facilities. Others, traveling through necassity, should buy tickets and make reservations in advance, cancelling promptly if plans change.
Buy War BONDS
ROCK ISLAND LINES
J.D. FARRINGTON, Shin Suscuive Otte ;