Indianapolis Times, Indianapolis, Marion County, 24 June 1943 — Page 27

DAY, JUNE 24,

INESS-

Strikes, Floods, Taxes, Weather|

1043

SO

HT FRR, ’ oy

Cut Indiana Business During May

+ INDIANA BUSINESS “month, according fo Indiana

TOOK A NOSE-DIVE last university’s bureau of busi-

ness research. . Even war production fell off.

1t sounds surprising but

war production officials have :

been warning: us all along that something of the sort would

happen.

taxes, weather and the normal wear

The I. U. economists blame it on strikes, floods,

and tear that results

from pushing the wheels as fast as they will go.

+". Indiana coal: production in May was the.lowest in more than a year. ‘Rains flooded the strip mines, several had to close down, bridges washed out and roads were under water, And then on top of that and the manpower shortage - and absenteeism, John L. Lewis’ miners walked out. . Result was that output fell 10 per cent from April. Up at the other end of the state,

Mr. Budrow in ithe Gary steel district, matters

were not so good either. Blast furnaces that had gone: too long without repairs were shut down. The I. U, report made no mention of y steel shutdown due to a coal] or coke: shortage. As a result, production; in terms of the steel mills’ capacity (which has been increased recently) declined. Department store sales were the lowest in almost a year. This was probably due to shortages in many lines, that June 15th check for taxes, and the usual let-down after Easter. Although department store _ sales dropped 13 per cent from April, they were 24 per cent over May last year. And other retailers “throughout the state had a 9 per “cent gain over a year ago. (If you take into account how much prices have gone up, that may be an actual decrease in goods although a” tain in dollar volue.) But the farmers—they're still prospering. Prices for wheat, corn, potatoes, soybeans, calves, sheep and lambs rose while cattle and hog . prices dipped. Purdue's index of farm purchasing power stood at 126 against 112 a year ago.

3 ” » THINGS “ARE NOT what they seem: Several steel mills shut down during the coal strikes, blaming the coal shortage. Now it comes out that many of them had to “olese down for repairs, and seized / fhe coal stoppage as a good "cance (and excuse) to do it. And—- +" The corn “shortage has many * industrial plants in a dither. If ey buy black market corn, they a catight on the OPA’s If ‘they shut down and:-| give their workers a full we work, 1He-employees have the right to quit (under the job stabilization plan here) and get other jobs. Heads of corn-using plants are afraid to talk for pub- . lication about closing down, fearing they'll lose, manpower en masse.

ODDS AND ENDS: The annual - ‘barbecule and baseball party that the © Old National bank of Evansville throws for its banker friends has _ beén-called off for the duration... Chrysler has, shipped more than a billion rounds of ammunition since the war began in 1939. . . Indiana gasoline sales in April were 12 per cent higher than in March, 15 per ‘cent under April, 1942. . . . A Boston pickle factory has converted to

always

RENEGOTIATION

Aluminum Co., Aircraft Officials Indorse

Principle.

WASHINGTON, June 24 (U. PJ). ~Representatives of the Aluminum Co. ot America and the Consolidated- Vultee Aircraft Corp. yester-

affairs committee a full endorsement of the principle of contract rene-

gotiation. but urged that consideration be given to the post-war readjustment perioa.

tiation law.” George R. Gibbons, vice president of the Aluminum Co., said, “Is that it permits individual reconsideration of each case and allows a readjustment of prices in the proper position it ought to have in time of emergency. The service the act renders at the present time and the application and results achieved

| have been excellent.”

Francis A. Callery, vice-president of Consolidated, said his testimony rep-

Coast aircraft companies; all of whom favored the principle of renegotiation. He urged, however, three revisions in the existing law— to provide for renegotiation only after taxes are paid, to provide reserves for the post-war transition to peace time economy and to put in the provision for termination of contracts more adequate protection to contractors.

GRAIN FUTURES DIP ON BOARD OF TRADE

CHICAGO, June 24 (U. P.)— Grain futures eased on the Board of Trade today. At the end of the first hour wheat was off % to 3, corn unchanged at OPA levels, oats off % to 5% and rye off % to %. In the July options at was off 1% to % from the previous $141, 5 @%, corn unchanged at $1.05, oats off % from 64%c, and rye off % from 95%c¢.

LUMBER BACKLOGS CONTINUE TO RISE|

The central states area,

Virginia, has a total of 9872 mills, LOCAL PRODUCE

Heavy breed hens, 241gc; Leghorn hens,

“pickling” bombs in vats once filled | 33%ec.

with cucumbers. . . . Building con-{w

tracts in Indiana (from January to

i Brojlels, fryers and roasters, under 8 S. Old roosters, 16c. Eggs—Current receipts, 54 lbs. and up.

April) were just a third of last|ssc.

. year's in that time. . . . Shoe store gales in this state were up 15 per

Graded’ s—Grade A large, 38¢c; grade A medium, 36c; grade A small, 26c; n grade, 32c

© cent in May, compared to last year.|,

Bi 1, S0c. Butterfat—No. 1,

"4

CROSSWORD PUZZLE

AORIZONTAL Answer to Previous Puzzle

Navy men

11 Inhabitant of

1 Depicted is the FIL “TATE 12 Flowers : u's. HOEY Off" 0 16 On 1 the, sheltTurn - VISE LL: 1A | ered side [humm 6 RIEIDEHON L. 18 Kind of cheese i+ crown LIAL] ERIS CiHl 20 Type of 16Claws AlL|TIO LAS A2 molding 17. Chatters S 0 reed R| | BE 21 North River 19 Unaccompa- L Jolt, (abbr.) . nied RI0|BIS BRIO [BF [EE[D] 22 Span of horses 20 Ontario EINSITIAPL PIAISEARR] 2 Blackbird of HL [BEEIVIAL PIA ne Suckes guore EAN] [ETABAIRICEEP] 36 ¢ Coon VIEL NOIVIATIES] 5 compass point Concur 51 Music note VERTICAL 30 Irritate 2 Duct (anat) 52 Shooter 1 Brazilian 38 Pay attention Fur marble seaport 3 Foy attent 1 Song of praise 54 East Indies 2 Its former 36 Shepherd ‘ S4Creat Lake = (pp) gold bar pin _ 37 eight shaft : 3s Simvle bore | the ‘word 86 Menace to 55 One (Scot.) 39. Bist «airplanes ‘56 Either 3 b ie 40 Large streams 813 months 57 Anger . . or 0 ver Fil life La Fal in drops 58 Reval} Navy en om, courtyard 78 Acetyl oT a Hie ET adi ent 8 - ® omy est — 8 Mouth part 5 gin, to 9R ard ga Edward Joedal given 10 Verbal 53 Married

ACT IS UPHELD|

day presented to ‘the house naval]

“The great value of the renego-|

resented the opinion of six West!

Despite continued high demand} for lumber and large backlogs of unfilled orders, 31 per cent of the sawmills in the central states were idle during ‘May because of log, manpower and equipment shortages. 2 which includes Indiana, Illinois, Kentucky, Missouri, Ohio, Tennessee, and West

g 3%: E

Hoosier Junior Market Lamb show

at the stockyards.

THE INDIANAPOLIS TIMES Lamb Show Entrant Fourth Time

Dorothy Murphy, 13, of R. R. 4, Box a9, for the fourth year today exhibited a lamb in the annual She is shown with “Arabella’s Daughter,” her entry in the show sponsored by marketing agencies and Purdue university. Exhibits in the 14th annual show numbered 210, 15 more than last year. Twelve counties, including Marion, were represented. In the

early judging, Keith McMillin, 17, Tippecanoe, exhibited the first prize-winning pen of three.

AUTO INDUSTRY

Is an Increase of - $15,000,000.

DETROIT, June 24 (U. P.).—War production in the automotive industry totaled $685,000,000 during the month. of May, an increase of $15,000,000 over the previous month, George Ronhnéy, managing director of the Automotive Council for War Production, announced yesterday.

The output was equal to an annual rate of $8,220,000,000, he said.

Yasuo

Ronney said.’ Total ERE of salaried and hourly-rated employees in 825 motor vehicle, body and parts plants equaled 1,221,000, he added, and more than 85 per cent of these are hourly-rated workers. “The continued expansion in dollar volume of war deliveries is even more significant,” Ronney pointed out, “since it is being accomplished at a time when many plants are affected by contract. cancellations and in the face of sizable price reductions in scores of types of weapons.”

'‘Cycleweld’ Is

New Process

DETROIT, June 24 (U. P).— Chrysler Corp. has announced a new process for cementing . aluminum alloy and wooden and rubber aircraft parts, and opening -& way to “stronger, cheaper and easier building of aircraft.” The new method, called “cycleweld,” eliminates rivefing or’ welding, ‘and according to Chrysler officials has been found fo be stronger and better than either of these processes. Cycleweld was developed ‘by ‘8S. G. Saunders of Chrysler's production process department, working in co-operation with Lt. Col. Paul H. Kemmer of the army air forces’ materiel center; Lt. Cmdr. A. B. Scoles of the navy bureau of aeronautics, and the Goodyear Tire & Rubber Co. at Akron, O,

LOW QUALITY TIRES

WASHINGTON, June 24 (U. PJ.

BRADSHAW GET S 0. <

| The senate has unanimously con-

firmed the appointment of Wilfred Bradshaw, former juvenile

1{sage here, 0 oe area direotor of Be {ihe I office of the —

WAR OUTPUT UP

$685,000,000 May Total

ON SALE FOR $1 UP|

LAFAYETTE, Ind. June 24 (U.

18: Gag: gia

. .

Purdue Finds Farm Price

Trend Parallels Last War

P.) —Purdue university agricultural

extension economists said today that farm price indexes showed a similarity of current price movements to those of world war I.. The Indiana farm price index in April, 1918, was 196, it was pointed out, while the index for April, 1943, was 199, The figures were based Ga

Bae

PORKER PRICES |

200-225- Pound Bring Top of $13.90; 8550 ‘Received.

The hog markef was steady and porker prices unchanged at the In-

food distribution administration re-

Receipts included 85560 hogs, 425 cattle, 450 calves and 550 sheep.

HOGS (8550) 120- J pounds

lela ! am ayy. [email protected] Packing Sows Good to cholce— ; 270~ 300 POUNAS «...soee0e0. [email protected] 300- 330 pounds ccecesscoses [email protected] 330- 360 POUNAS .cev..eecees [email protected] 360- 440 pounds .coccescesss [email protected] 400- "450 pounds ..esceesesss 13.00@13,16 450- 500 pounds «.eesveocs.. [email protected] Mediume 250- 550 pounds ...ceieennnn [email protected] Slaughter Pigs Medium and Good— 90- 120 pounds .....ccc00nn 11:[email protected] CATTLE (425) Steers Choice— 3%- 900 pounds Sssaunsennes [email protected] 00-1100 pounds ....: seaness [email protected] 1100-1300 pounds vsassssase 15,[email protected] 1300-1500 pounds sess RNRINS [email protected] : 9 ceresansenes [email protected] svaasssasene [email protected] evssnsssnsss 15,[email protected] ¢ esssassssene [email protected] edium— 700-1100 pounds ..ecevvecsiis [email protected] 1100-1300 pounds sssenevess [email protected] Common 700-1100 pounds <....... eees [email protected] : Helfors Chol 600--800 pounds ...... cesses [email protected] 800-1000 pounds ....oe:.5... [email protected] Good— ’ 600- 800 POUNAS ..seesessees [email protected] Fe 1o00 pounds ...eeosseess [email protected] cased 900 pounds esssssasasse [email protected] 800~ 900 pounds ....... es.0¢ [email protected] Cows (all weights) GOBER sass err enreriracaninne I io 8G13 .25 MeAIIm ase ssrnssternnensen 2.00 Sutter Pand COMMON ..ccceues 10.38 10.75 Sess shasnsicuasns sans 1.75@ 9.25 Bulls (all weights) (Yearlings Excluded) Beef ’ sess esssetnes eeesscess [email protected] Sausag Good “an weights) ..ecoee. [email protected] HE ocieevarssrovns sere MN 30g13.50 Cutter and common ........ 00@11. CALVES (450) Jealers (all weights) Good to choice ...........c.0 [email protected] Common and edit seeders [email protected] Cull (75 1bs. UP) ....cevinnee 8.50@12 Feeder and Stocker Cattle and Calves Steers Chot 500~ %00 pounds ..cieeccscene [email protected]

300-1050 pounds esos [email protected]

on the years 1910-1914 as 100. - 800 pounds . essessseees [email protected] 800-1050 POUNAS .cocvrceoees. 13. : The economists said that more in- Ld = nnn flationary forces were at work now 500-1000 POURS. .uvesenennss [email protected] than ever before. They cited as a LOCAL MEN FINISH 500-900 pounds ..veeeerinns [email protected] factor the rapid increase of raw ma- Calves (steers) terial prices compared to the more Good and, Choice... slowly prices of ed M TR 0 UR 5% pounds dOWR seseeceniess [email protected] products. id : 500 pounds down ....ce.cce0n [email protected] x He Calves (heifers) They said that price ratio between Sigleen Indianapolis Ten i Good. and. Chalce— prices paid and received by the rac u to recen 3 wig e ne 22 founas dOWR .eecieene eee [email protected] farmer were very favorable and were | #8 OL" Ins Ji Hii Seni 500 pounds down ............ 12,[email protected] not expected to change during the| raining agency of the Genera Mo- SHEEP AND LAMBS (550) {next year. tors Corp, i We Ewes (shorm) ; e following men are connected|Good and choice .....c....... 6.000 7.00 Price increase figures ShOWINg| Lu ujicon: James Marion Chand. | 9Ommon aad choice \l... 4.50@ 6.00 specific comparisons between those ler. Bu D t Joh Erikse Spring Lambs of 1918 and 1943 based on the years| cr: Sugene ‘ent, Joan A. 1, Good and | choldg.............. [email protected] 1914 for 1018 figures and 1939 for John Maxwell Haldeman, Alfred |Medium d good............ 13.28a14.23 1943 figures were offered as: sub-|Henry Hallberg, Erik H. Halvarson, Common ES hori" [email protected] stantiaion of trend similarities, For | Charles F. Hayes, William Magee|good and choice.............. 13.000 14.00 le. th ists id that Hunt, Cecil A. Palmer, Alfred M. Medium and good.....ecc0u.0 [email protected] example, the economists sa a k ames ‘Sterrett. Lin. |COPROR tirtiiii [email protected] the per cent increases in wheat for Rinker, John James Sterrett, Lin1918 was 127 compared to 133 for| Wood J. Talsma, Carl Victor Von 1943. Linsowe and Lawrence A. Walton. J r ) ALL N AMED Corn rose 119 per cent in 1918 and| Philip W. Featherstone and Bruce I Wi 118 per cent in 1943. Soybeans were|G. Fields Jr. are from the Chevro, : up 118 in the first war and 117 per|let Commercial Body division, 10 NEW wrk POST cent in world war II, Livestock prices varied somewhat, N Y. J. E. Hall, an Indianapolis. conwith an increased percentage of 133 . . S tocks struction engineer for more than on lamb prices in 1918 and only 66 set: | 29 Jeals, has been appointed chief in 1043. Potatoes showed a rise of| igh Low Close crane | OF 10 BERL reduction ord in only 12 per cent in 1918 and an in- uction OD 2 Dr tas. Allied Chem ..188" 188 138 —'1_|the Indianapolis district, J. H. Froh- : 4m CoN evan 30% 86 $6 + 1 |lich, Indianapolis WPB district U.S. ST ATEMENT . Am RS 88. 10% 10% 10% — 3 |manager, announced today. Am R Mill .... 14% . 14% 14% -— %| Mr. Hall, who resides at 140 E. WASHINGTON. June 26. (U. P.)—Gov- Am T&T ...18 23% 183% + .%ladth st, has been chief of the reSE Dinh Tain 23 tom. AWW hd TD distribution division in the Indianpared with & year ago: Tabi Year Armour TI oo. “8% 8% 5% .... |apolis area since last Ocotber. He s ....$ 75,582,066,809 $31,314,965, A21 Atchison ...... 3% S42 4% — % | will continue to direct. this division. pending CO 708.042.411 Bhd Satan Balt & O .... 8% 8% 8% — 'y| The production and facilities diviNet defcic 54.132,660.908 18.836,348,878 Beth Stes! s1%4 84 $14 ty sion maintains a record of machine n 3 x x 4 064 | Boraen ........ — panes bil ERG | gba meh Ul BT Se tntanapolis WPB aisirict ebt. . aries e lanapo C Gold reserve, 102.38, 246,447 22,733,765,604 Case i 1 wio- 0%, wm uw. + oh order to assist the armed services INDIANAPOLIS CLEARING HOUSE Chiysley 8a. 81, 0% 80% — ls|and prime contractors in locating Clearings ......... an $ 5,458,000 Gons_ Edison.’ 20% 19% 19% — 3, | plants that can handle additional Dells... ih sadness ys 16,433,000 gon ul beg Alre Ls) 32 B61. y's | War work. LOCAL ISSUES |i. 24 Bx Hi: 3, Dow Ohem.....147 147 147 .... [| . quota In Bast Eodsk A310 Ste oe 3 ficerpo tation : Co., Hartford Ci Siapols echuie dealers, Bid Asked Electric. 37% 38 38 + 3%|amendment i Bag TO a Si Agents Fin COTP DIA ..ccoess T 20 *** |Gen Foods 43% 41% 41% — % | tors from seven to five. SBelt R Bik Yds com ...... 42 4 Motors 54% 54% 54% + Ya Hartford City Paper Co., Hartford City; *Belt R Stk Yds 6% pid. ..... 53 he Goodrich ...... 40% 40% 40% + Y | amendment proving the "preferred stock Bobbs-Merrill €Om .. ....... 3 ... |Ind Rayon 41° 41 41 .., [shall be redeemed and cancelled. bs-Merrill 4%% pfd .:.... © ... |Int H My 7. T% + %| Hub City Finance Corp, Union Oit “Circle Theat om i oe Int Nickel 32% 32% 32% + Y|amendment providing the corporation shatl *Comwith Loan 7%" pfd....... 97 100 |Int T&T 14% 13% 13% — Y have perpetual existence Drug Co Com .......:.. 13 15 |Lia Carb . 20% 20 20% + 3%] Adams-Pontiac, Inc., 1430 Wabash dve., *Home T&T Ft Wayne Krad La’ 51% ... Ww . 26 26 8 + W nn Haute; agent R. L. Check, same adInd & Mich Elec 1% p mo Master Hl 20 20 20 — 1; dress; 1,000 . shares having a ‘par value Ind A880 Tel 5% DI ..:..r- 3. io [Net Blau ii 30% 3% i|of $10" each; to deal it all kinds“ot Ind Hydro Elec 1% ........ IST 61 |Nat Cash Reg . 35% ‘25% 28% .... |miotors and other "Venicles Harry - 9: Ind Gen Serv 6%... ike. | Net Dairy -...10% 19% 19% = 'y|Adams RL. Cheek, Esther Adams, BART ho dR i [Ry Sa iE HS Bae oy Co. Basel do ET el oun oir dols 13% (Paokard ...... 4 le 3 | uiand O'Lakes Oresmerios, Inc. Mu, SINADIS WALEr Df ...-ec.oen0..108 100 |Pan Am A ... 35% 38% = Ja articies of on.” hdment . o Indpls Water Glass A com .,.15% 17 |Penney ....... 23 02% 9% + % Attica & Southern Railroad, Lincoln Loan .Co 5% pfd .....: 92 [Penn RR ..... 28% Wa 28% + YW ne hv t, Lincoln Nat Life Ins er, YIP Todue 2 MN ML Ati; agent HL Attica! N Ind Bub Sery Sore pid... 98. 91 |Procter & 4% 541s 84% © 30| Naoi Fricdebore William: Faprigant N Ind Pub Serv 6%... L917" 101 |Pub Serv ..... 14% 14% 14% — %| The Marion st Co. Indianapolis; N Ind Pub Serv 1% pie Cees 108 111 [Pullman ...... 5% 35% 35% dissolution. polis: P R Mallory COM: :. .orsusss 18% 20 [Radio ........ n% 10% MN. .... Vassar-Guild Fashions Ine., IndianLau wedeeee 12% 14% | Bears Roebuck. 79 78 10 + %|aspolis; Dade mark vin . Pon of Ind Bo pid a “401% el + apolis; registration ma “Vas Pub Se 8 Ind 3% I ptd Li oh 01%: | Serv dng es 15% 154 1 + %|sar-Guild,” class 38: clothing. SoInd G & E 48 Lea i Shan lin on Bh Washington oll TR ‘Stokely Bros pr eae ni 15% 17% SdgEE 1% 1% 1% — %|I Salman, 108 BE. Wi in st, IndianUE (82 SGT HE BM HET fal 0 mam ide pie Ge [Bon vy Deen sel sed — Davidson, * Pred Davidson, Nellie Davidson ! Swift's Co... 3% an Ft x " ea 109 | Timken R Bll ait I ,- indiasspolis BT SESE 107 |Un Air Lines.. 27 7 + o. U 8 Rubber... 43 ; + il )s ‘i | 8 Steel. ll 8% Ph + pid a ‘est Union .. 34 i it) Suan Young Sheet... 35% 35% .35% —

ARE UNCHANGED|

; Butchers

dianapolis stockyards today, the|:

ported. The top for 290-225 pound |: “| putchers was $13.90.

50 Stanley Z. Bronner of the Bridge-

Promoted

Russel S. Kaster

Russel S. Kaster, a member of staff of the J. C. Wilson funeral home 26 years, has been elected president of the firm, succeeding his uncle, the late John C, Wilson. Mrs. J. C. Wilson was elected vice president. The company was founded in 1897.

IN BRIEF—

Roy W. Paton, replacement engineer for the Perfect Circle Co., Hagerstown, Ind. has been elected chairman of the Indiana section of the Society of Automotive Engineers for 1943-1944. s » 8

A hearing on a proposal bY Northern Indiana Public Service Co. to acquire utility plants in La Porte by the issuance of bonds and serial notes which was to have been held tomorrow has been postponed until July 15 by the securities and exchange come mission. * = 8 Ganson Purcell, chairman of the SEC, who was recently appointed to the office of economic stabilization by President Roosevelt, said tha he would still retain his position and duties as SEC chairman. ” ” ” The immendiate organization of special budget committees by industrial companies to formulate objectives for the post-war transition period has been suggested by

port Brass Co. ” #" » An amendment which takes cognizance of a recent national war labor board decision increasing the pay of Postal Telegraph employees by $924,372, has been incorporated into the agreement by which Western Union proposes to purchase Postal. » » » The Murray Corp. of America, Scranton, Pa., capitalized at $10,000,000, today was registered with the commonwealth department of Pennsylvania to manufacture and sell “bodies, stampings, accessories, attachments and equipment of automobiles and trucks, etc.” » ” ” Philip Morris. & Co., Lid, Inc, has reported record sales of $141,046,615 for the fiscal year ended March 31, 1943..' Dollar volume of sales for the previous fiscal year -amounted to $112,309,839. on » o . 8. M.. Buckingham, a Cleveland realtor, believes that the federal

tion’s biggest Single renter,” continue to be so after the war. ” ” »

Harold Hedges, secretary of the feed committee of the department of agriculture, says that during the next year “we will eat as much as we averaged from 1935 to 1939.” ” » ” :

A plan to release frozen materials which cannot be used in the war effort will be formulated by the National Retail Furniture association working with other trade associations. " 2 Representatives of small’ manufacturing interests told the “house

present system of war contract renegotiation threaten the future of small business enterprise. They appealed for legislation recognizing the need of letting them accumulate reserve funds for post-war opera-

government, at present “the na-| will |:

naval affairs committee that they

FACE SHUTOONN-

Shortage of Con Corn. Curtails Output; Industry Seeks

Federal Relief.

The shortage of corn ‘on the open market is seriously affecting: manufacture of starch and its | rivatives, causing many of the !

He

Eg

shut down completely or to off production. 4 Already the Pekin, Ill, plant, of the Corn Products Refining Co, has ground the last of its avallgble corn supply, while the company's Arg% Ill, plant, which grinds an Average of 96,000 bushels per day will have to be closed in about two weeks Ul» less more corn is forthcoming. Leading manufacturers of corn products in Illinois, Indiana, Wise consin and Iowa, reporting stocks sufficient to maintain production for no more than two weeks, asserted that the shortage threatens the nation’s supply of bread, corn syrupy beer and textiles.

‘Situation Tight’

According to Herbert C. Plel, Ine dianapolis manager of Piel Bros, Co. division of the National Starch Products, Inc., the industry has been trying to get "Washington to relieve the shortage. “The corn situation is very tight* Mr. Piel said, “and we have eXe perienced great difficulty in procut= ing the quantity of corn required by our plant for processing.” : The paradox in the situation’ n the fact that there is plenty of corm on the farms, but the farmers ate reluctant to sell their supplies at the OPA ceiling price which is set @&b approximately $1 per bushel, ;

Indiana Plant May Close

The farmer would rather use the corn as feed for his hogs, because in that way he can realize between $1.25 and $1.50 per bushel for “the corn when he sells his porkers, An official of the Acme<Evans Co., says that the corn shortage insofar as it has affected starch plants has meant a sharp curtaile ment in the amount of gluten feéd, an ingredient used in various feeds, his firm has been able to get. Officials of the Union Starch and

‘Refining Co. et Columbus, Ind,

said yesterday that the plant would have to shut down within a week if more corn were not made available immediately. They said the plant was working 24 hours a day, seven days a week, employing 18,000 persons. The supe ply of corn on hand would enabje the company to produce starch fog a week at a reduced grind.

$360,000 FILM SALARY,

PHILADELPHIA, June 24 (U.P). —Paramount Pictures, Inec., New York, paid Film Actress Claudette Colbert $360,000 in 1942, the come pany’s annual report to the See curities and Exchange commission disclosed today, Paramount paid $347,333 to Actor Fred MacMurray, and $336,111 to Bing Crosby, who also received $298946 from Decca Records, Inc.

Ready for the New LAW? §

You owe it to youtielt to find out how Indi-

ana’s new Financial Responsibility Law will affect you if you have an accident after July 1st and cannot pay for it, or prove financial responsibility. For coms plete details, see or teluphone hed

Mutual Agency, Ine: - GRAIN DEALERS

.1740 N. Meridian WA bash 2456

Our Grain Dealers Mutual ana Automobile Policy have always received di

tion.

1 jy aa 3 y Ce] of MOTH JIOLES-BURNT

LEON "TAILORING C0.

In the Middle of 236 Mass Ave. ‘viet ade o

FUR COAT STORAGE niin 2501 Slop MaARILYW Fis 8 go You Save Because We Save Men's Suits & Overcoats || 16” 18” 21" ‘24™ CASE CLOTHES 215 N. Senate Ave. Open9to9

of at least 20% each year.

EE ———— . *

[Lox Laun

for Befter Service fi: | Phone BR. sao

STARCH PLANT §

tion's leading starch plants to either J