Indianapolis Times, Indianapolis, Marion County, 31 July 1943 — Page 4
4 ti
SATTRIAY. 3 JULY 31, 1948
UTILITY TO HEL POWER ‘BIG INCH
Public Service to Furnish Service for 4 of 26
Pump Stations.
Public Service Company of Indiana, Inc, has contracted with War Emergency Pipelines, Inc, to furnish electric power for four of the 26 pump stations along the 1400mile war emergency pipeline which connects the oil fields of southern Texas with eastern tidewater,
WEP, a corporation made up 11 oil companies building the line,"
" rho id - Liga mp - b yi ili hud Sis chu ’ REAR Shain tlie su eg pts hy ere Arm rip As tains 1 : iE yoo us : : THE ener in EL 3 3 : ERE saad .. id Rie 8 SC XS 4 3 Plait Fie Fer ERR IR ; do hg Ae v 5 % el : ¥ 3 ; A so vo 5 “ w g igi Gk i Ga - —— FY . - > -
NEW ELK HILLS OIL |, 106 PGES RSEIN BRIEF PROBE PROMISED § BI CS a
Top for 200-210 Pounders|indianapolls office at 1413 Circle
Tower bldg. Congressman Charges Navy Failed to Cancel Contract
Jumps to $14.50 Here; 8 Yn President Roosevelt has appoint1000 Received. With Standard as Ordered by Justice Department; Navy Favors Interim Agreement.
ed Dr. Amos E. Taylor, associated with the bureau ior 13 years, diPrices on hogs were up 25 to 30, rector of the bureau of foreign and cents at the Indianapolis stockyards| domestic commerce of the departWASHINGTON, July 31 (U. P.).—Chairman J. Hardin Peterson (D. Fla.) of the house public lands committee an-
t today, the food distribution admin-|™meRt Of commerce, nounced here that his committee would conduct a new and
n " ” istration reported. The top for 200-|" Directors of the Bethlehem 210 pound porkers advanced to more thoruogh investigation of the navy’s Elk Hills oil contract when congress reconvenes.
Steel Co. have declared the usual $14.50. He made the announcement after charging that the
Peters-Dalton, Ine, of Detroit,
dividend of $1.50 on the common Receipts included 1000 hogs, 400| Stock and reported second-quarter cattle, 25 calves and 75 sheep. net income equivalent to $1.67 a — share, compared with $1.49 in the Friday, July 30 HOGS ( )
year-ago period,
navy had failed to cancel its contract with Standard Oil of
California as ordered by the still operating the Elk Hills lease ynder its terms. The navy’s reply, Thursday in a formal state-| ment, said, “The necessary documents are now under consideration by the parties and the department of justice following submission on June 24 in a form which did not wholly meet justice department approval.” Peterson, in his announcement of an investigation, said it would involve “new evidence and new personalities.” He said he had inquired into “certain data” in connection with the contract and the background of persons dealing with it since congress recessed. Information he has received, he said, has convinced him of need for wide investigation by the full committee, ‘Navy Could Halt Output’ In a rapid interplay of statement and counter-statement following his disclosure that the disputed contract is still in operation, Peterson refuted navy contentions that “a recision agreement is advisable in order to avoid loss of government oil which would result from mere cancellation.” “It is true,” he said, “that the navy may receive more oil under terms of the contract than if Standard is allowed to go ahead
justice department and was
IPALCO REPORTS
issued |
NET INCOME UP
Larger Operating Expenses Offset Increase in
Revenue.
The Indianapolis Power & Light Co. has reported net income for the year ended June 30 of $2,287,407, a gain of $96,913 over the 1942 period. The annual report of the utility shows that although operating revenues amounted to $16,479,304, an increase of $1,467,927, operating expenses increased $1,275,354 to total $12,532,816. Federal income taxes bulked large in cutting net income. IPALCO paid $1,325,762 more in such taxes in the year just ended, bringing the total thus paid to $3,411,292. Net for the six months ended June 30 was $1,019,554, a gain of $124230 over the year-ago period. Operating revenues for this period
and pump from their own sections/amounted to $8,527,093, compared to
which would drain from the adjacent navy lands. “But under the war powers act the navy could stop Standards production any time and conserve all the oil in the field.” The balance of the navy statement was a simple affirmation that
the navy and Standard had agreed |ibs.,
to rescind the contract which gives
7,693,336, and expenses and taxes
came to $6,739,494, compared with $5,995,622,
LOCAL PRODUCE
Friday, July 30 Heavy breed hens, 24'2c; Leghorn hens, 2Y
rollers, fryers and rosters, under § 27%¢ Old roosters, 16¢
Eggs—Current receipts, 54 lbs. and up,
Standard use of all navy oil pro-|3ic
duced during the next five years and exclusive rights to develop and
process all oil produced thereafter. |.
A medium, 39¢; grade, 32c.
Graded Eggs—Grade A large, 43c: grade grade A small, 26¢c; no
Butter-—No. 1, 50c. Butterfat—No. 1,
Jubilant over the removal of rationing restrictions on coffee, executives of the Pan American Coffee bureau and the National Coffee association drink a toast to—coffee. Aguilar of El Salvador, second vice chairman of the American bureau; Eurico Penteado of Brazil, ohairman of the bureau; George C. Thierbach of San Francisco, president of the association, and Mario Camargo of Colombia, first vice chairman of the bureau.
They are. (left to right) Roberto
CITY TO BE REGULAR HELICOPTER STATION
Times Special Indianapolis will be one of the regular stopping points for the discharge and taking on of passengers on the Chicago-Cincinnati, Louis-ville-Detroit and Pittsburgh-St. Louis routes of helicopter service, when it is established, according to Mr. L. H. Ristow, general traffic manager of Pennsylvania Greyhound Lines. Mr. Ristow announced the tentative list of towns and cities along the routes which will be provided with the helicopter service, at the same time filing the list of places to be served by his company with this new form of transportation with the civil aeronautics board in Washington. The application of Greyhound Lines for a certificate to operate helicopters along the same routes as the company busses now follow, was filed with the CAB several weeks ago and is scheduled to come up for a hearing early in September,
NITROGEN AVAILABLE Nitrogen again will be available in the mixed fertilizer for wheat and other small grains that are to be seeded this fall, say Purdue univer-
No. 2, 46¢c
sity extension agronomists.
——— eee — == —
CLEVELAND, July 31.
turned out by the artists.
experts are not bothered that way. They just tell us what we are going to enjoy in the year 194x. We're supposed to like it, The copywriters in the agencies are in general more conservative than the artists. The latter capture the eye with a hint of electronic power—power by wireless—but all the reader finds out is that EitelMcCullough of San Bruno, Cal, makes vacuum tubes but can’t tell too much about them yet, If I were giving an award for achievement in post-war imagination it would have to be divided between the artists working for Bohn Aluminum and International Nickel.
Sketch Highway Sleeping Cars
The Bohn men envision cities of office buildings and houses in glistening metal. Dwellings half of glass with “girders, pillars and innumerable beautifying effects made of light alloys.” One release pictures a rapid-transit train suspended from an overhead track, a device used in the much-bombed
Ad Writers, Artists Take Lead in Post-War Planning|.
By JOHN LOVE Times Special Writer —The hardest-working planners of the world to-come are not, after all, in the government offices but in the advertising agencies, and there the supreme achievements in forecasting are
Their lives are not complicated by worry over the problem the social planners have of persuading us to adopt their programs. The airbrush
Friday, July 30 Nominal quotations furnished bv Inglaa, apolis securities dealers. id el Agents Fin Corp com 1 Agents Fin Corp pfd «..coevune Belt R Stk Yds com Belt R Stk Yds 6% pfd Bobbs-Merrill com .......00000 3% Bobbs-Merrill 4%2% pid evenness 40 Circle Theater com ..... « 34 Comwlith Loan 5% pid . Delta Elec com . Hook Drug Co com 13% Home T&T Ft Waviie 7% nd, 51% Ind & Mich Elec 7% pfd . *Ind Asso Tel 5% pfd Ind Hydro Elec’ 1% Ind Gen Serv 6% Indpls P & L 6% % Indpls P & L com Indpls Railways com Indpls Water pf Indpls Water Class A com . Lincoln Loan Co 5; pfd Racoln Nat Life Ins com d Pub Serv Fd pfd.... N Ind Pub Serv 6 N Ind Pub Serv P R Mallory com. . Progtess Laundry com ....uu0e Pub Serv of Ind 5% pt Pub Serv of Ind com *So Ind G & E 48 pid.. Stokely Bros pr pf .... United Tel Co 5% .... Union Title com ..... ses Van Camp Milk pfd Van Camp Milk com
Algers Wins'w W RR 4%% ... 09 American Loan 5s 51
120- 140 pounds 140- 160 pounds 160- 180 180- 200 200- 220 220- 240
240- 270 pounds .,.
270- 300 bounds 300- 330 3a. oy on .
Med 160. 2% pounds
Packing
Good to choice— 270- 300 pounds 300- 230 pounds .. 330- 360 pounds 360- 400 pounds ..
d— 400- 450 pounds .. 460- 550 pounds ..
Medium — 250- 850 pounds
Slaw ghter Pigs
Medium and Good: 90- 130 pounds
CATTLE (450)
700- 900 pounds 900-1100 pounds
1100-1300 pounds ....
1300-1500 pounds
ITER ETRY
500- 900 pounds Common-— 500- 900 pounds
Cows (all weights)
Bulls (all wei + (Yearlings ex
Beef— ved
Sausag
Good “(all weights) sasensns
Medium
Cutter and common 8.00@ CALVES (475) Vealers (all weights)
‘| Good to choice Common and 2 ian
Cull (75 lbs. Feeder ad
Choice— 500- 800 pounds 800-1050 pounds
Good— 500- 800 pounds 800-1050 pounds Medium-— 500-1000 pounds Common-— 500- 900 pounds
Calves (steers)
Good and Cholce— 500 pounds down Medium— 500 pounds down Calves Good and Choice— 500 pounds down
senssnsntene
EET EE
13.70@13 8 [email protected] [email protected] .. 12,[email protected] «+ [email protected] sesssssasss 12,[email protected]
casas eens [email protected] . [email protected]
[email protected] [email protected]
16.50 16.50
14.28 14.50
[email protected] [email protected]
[email protected] [email protected]
uded) cesnssases 12,[email protected]
. 13. [email protected] 3.00812 »
shane sess
+o [email protected] . [email protected] «eo [email protected] « [email protected] [email protected] 8.50910.75
[email protected] (heifers)
A new electric furnace which will add 65,000 tons annually to the production of aircraft steels has been put into full operation at the
% South Chicago works of Carnegie-
Illinois Steel Cory,
» Executors of the estate of the late J. P. Morgan have agreed to sell 73,514 shares of Dwight Manufacturing Co. $12.50 par value capital stock to an underwriting group headed by Hemphill, Noyes & Co. of New York.
» EJ » The P. Lorillard Co. has announced that it is negotiating with Smith, Barney & Co. and Lehman Bros. for a $25,000,000 refinancing program to retire its 7 per cent leben tyres of 1944 and repay bank oans.
Present coffee Y caerves approximate 5 million bags, over and above supplies held by the government for the armed services— one of the largest stocks ever accumulated in the history of the American coffee trade, it has been reported by George C. Thierbach, president of the National Coffee association.
” ® o Savings ranging up to 80 per cent in use of critical materials as compared with pre-war levels have been accomplished in the war housing construction program through
78 the joint co-operation of the gov-
ernment and the building industry, according to John H. Blandford Jr., administrator of the national housing agency.
o NAME NEW MANAGER FOR CAPITOL DAIRIES
Appointment of Leonard J. Tamblyn, Terre Haute, as manager of Capitol Dairies, Indianapolis unit of the Borden Co. was announced yesterday by Norval D. Goss, chairman of Borden's midwest division. At present, Mr, Tamblyn is manager of Borden's Pure Milk & Ice Cream Co. at Terre Haute. In his new position he succeeds Arthur P. Holt, who resigned recently because of ill health. The change is effective immediately.
are acting agents for the U. 8. government. The corporation becomes Public Service Co.’s largest account, with service at four delivery points, Pump stations in Indiana are located at French Lick, Seymour, Princeton and Oldenburg, near Batesville. Major system improvements were required to furnish adequate service by the Indiana utility, which is the only utility along the route serving four stations.
Centrifugal Pumps Needed Additional pumping facilities are required for the 20-inch gasoline line which runs parallel to the “Big Inch” oil line from Little Rock, Ark.,
to the eastern terminal. Pumping. or “booster,” stations are spaced about 52 miles apart in the comparatively level portions of the 24inch line, with working initial pressures at each station of 700 to 750, pounds per square inch. - Electric power, purchased from existing , utilities, was selected to provide the pumping energy because the large capacity of the pipe line made it practically imperative that centrifugal pumps be used for boosting along the full capacity of 300,000 barrels per day. According to Public Service engineers, each pump station in the state will consume almost 30 million kilowatt hours a year on the 24-inch oil line, providing the line is operated continuously at full capacity, 300,000 barrels daily. The gasoline, or products line, will take an addi=
tional 26,000,000 kilowatt hours per¥
year. WEP was conceived originally as a wartime emergency project to alleviate the oil and gas shortage in the East, and eastern shipping points. The long-life operation of the line, however, practically is assured by the low delivery cost in comparison to cost of delivery by oil tanker from gulf ports.
WAGON WHEAT t
Up to the close of the Chicago market today, Indianapolis flour mills and elevators paid $1.62 per bushel ane a3 red wheat (other grades on their merits), No. 2 white oats, 60c, and No. 2 red oats,
60c; No. 3 yellow shelled corn, 97¢ per bushel, and No. 2 white shelled corn, $1.16
RR i
a
SE
RRR RA
Ee
July 31, 1943
Page 2 German city of Wuppertal, where |American Loan 5s 46 —for Any and Every Occasion planning for Cent Newspaper 429 42-51
bs a Medium— transportation was) cy ce Com Bld 1; 82 | 500 pounds down inadequate in the first place.
| Citizens Ind Te Wd 106 SHEEP AND LAMBS | International Nickel, which also 100 Ewes (shorn) {fabricates metals, stays closer to | Indpls Railways Co 58 67
100% Good and choice x 6 Common and choice Lami earth, It expects the farmer will|inapls Water Co 3%s 66 30} ou wad chasm m [harness the jeep like a tractor and|Kokomo Water Works 5s 58 .. EL By BY | . : Kuhner Packing Co 4%s 49 ... 101 . the truck driver will use the|Morris §& 10 Stores 5s 50 .... 101 |Common | - i Muncie Water Works 6s 6 . "ee ars walkie-talkie radio to call for help N Tod Pub Berv 33s 68 08 108 when he has a breakdown. Post-war|N Ind Tel 4s 55 80 84 ion * , .| Pub Serv of Ind 3%s 73 105 coution: We shall still have break Pub Tel 46s 53 101 downs. Richmond Water Wks 5s 57 .
" ’ Trac Term C B87 8 ‘81 Timken- Detroit Axle hired Lau-| ; rac SRR RG 8s 5a 100 relle Guild, New York industrial ‘“Ex-dividend,
WHATS CEBKIN
Continued from Preceding Page
It’s Not the First Jump—
HOME ON FURLOUGH, Paratrooper Sgt. John R. York says it's not the first jump that’s the hardest. . . . It's the second or third. . . He’s been visiting his mother, Mrs. Hazel Stout, 1001 College ave. . . Also
[email protected] (1050)
7 J The ALLIED
FLORISTS" ASS'N
Boom in Marriages— x Indianapolis
THE COUNTY CLERK'S office has heen deing a land-office business in marriage licenses-—536 in the first 28 days of July. . . . Lt. Gen. William S. Knudsen visited the Allison, Curtiss-Wright and Schwitzer-Cum-mins plants here Sunday. Wendell
gett col
Indiana Central College
Registration Sept. 6
FORESTS SHRINKING Virgin forests in America which covered probably 800,000,000 acres in 1643 now cover less than 100,000,000 acres.
a ——e
Willkie’s mother-in-law, Mrs. Phil Wilk, died of a heart attack at her home at Rushville. « «+ « John L. Clark has been elected com= mander of the Garfield Park Legion post. . Four International Harvester employees received awards for suggestions that saved 12,480 hours in war production. . . They are A. H. Barton, C. H. Brown, H. E. Russell and J. D. Rapp. oR Nip-and-Skip Dog— : PATROLMAN Dick Plummer is looking for a nip-and-skip dog. The. animal up and took a painful nip at his leg and then ran, when Officer ‘Plummer stepped out of a police car at South and Erie sts. ... . We had another dog hunt around here the other day, but it was more successful. . . When Sgt. John C. Struckmeyer came home on furlough from Camp Kohler, Cal, he brought his army dog, “Brownie,” back with him. , . , Brownie went A. W. O. L. and things looked dark for a while. . . . Finally Brownie wa® found at Traders Point. ' |! | The acts passed by the 1943 legislature several months ago won't go into effect until mid-September because of printing delays. . A new class in jujutsu has just been stdrted at the William Evans school, 2800 S. Pennsylvania, for civilian'defénse workers.
Ww Ww
Veteran Teachers Retire— PERRY McCART, former chairman of the Indiana Public Service commission, has rejoined the staff ,of the Monon railroad, after a 23-year absence, . . . He'll serve in an advisory capacity, . . . Two sisters who have taught a total of 89 years in the public schools here have resigned. . . They are Miss Effie M. Moschelle, 5¢ years, and Mrs. Arda M. Noble, 35 years. . . . John E. Johnston has retired after 52 years of continuous service with E. C. Atkins & Co, . . . The Rev. Pr. Joseph V. Somes, pastor of Our Lord Jesus Christ, King, Catholic church, has been elected a national councilor of the National Aeronautic association, Donald G. Glascoff has been named acting national adjutant of the American Legion, succeeding Frank E. Samuel, who died unexpectedly. . . . Waldo Housel, local trackless trolley oberator, was honored as a “safety ace” on a natjon-wide radio broadcast by the national safety council.
.Jungles. .
bospa,...
home on leave, 1st Lt. Samuel H. Greenburg Jr. told friends about his experiences in the southwest Pacific . He’s wearing the distinguished flying cross and the airman’s medal with cluster. . . . S. Sgt. Herman R. Léffew has received the second bronze’ oak leaf cluster to the air medal for meritorious achievement in Hawaii. . . . Maj. Peter de Paolo, the famous race driver, now is with the air forces technical training command at Lincoln, Neb. . . The 1942-43 basketball team at the Great Lakes station is on its way Inciuded in the group are Wilbur 8chumacher and Bob Dietz, both of Butler; Charles Caress and Forrest Sprowl, Purdue,
% kr oF
In the Mail Bag— .
ARMY AIR CORPS Cadet Henry E. Davis Jr. stationed at the University of Nevada, writes his sister, Mrs. George March, and describes his first flight: “It was just like getting into the Pontiac to go for some cokes. . . . Keep sending ‘What’s Cookin’.” . . Mrs. J. W. Spragg, 644 N. New Jersey, called to tell us that her nephew, Joseph E.
' Kirsch, somewhere in New Guinea, writes
that even his hbyddies from other parts of the country enjoy reading “What's Cookin’. . « » Pfc. Joseph L. Feltz, formerly of Beech Grove writes us from San Diego to ask to be “put on a regular mailing list so I can keep up on happenings back home.” . And by cablegram we learn that Paratrooper Pvt. Richard E. Duncan, son of Mr. and Mrs. George E. Duncan, 321
+ N. 'Chester, is well and safe somcwhere in
the vicinity of North Africa. . . . Birthday greetings Aug. 16 to Pfc. Herschel M. Scott, in North Africa, from his parents, Mr. and Mrs. J. F. Scott, sisters Ethel and Betty Jane and brother Clarence. . And to Pfc. John T. Dalton, Aug. 2, in Kodiak, Alaska, from a couple of friends at Beech Grove. . . . And to Pvt. Albert Hurst Jr, Aug. 6, at Ft. Leonard Wood, Md. from his folks and Peggy. . . . And to Pfe. Jean P. Christy, July 29, over in North Africa, from his parents, Mr. and Mrs. Paul Christy, both’ of whom work at Allison's, . . . Greetings to all of you. . . . And so long until next week,
Entire contents copyrighted, 1943, L Strauss :& :Co., Ine.
©. STRAUSS & CO. me. THE NAN'S STORE
INDIANAPOLIS
U. 5. A.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
designer, to sketch up highway sleeping cars with noses of curved glass several times as large as those of bombers. ' Another vehicle, the Guild cross-country cattle hauler, with trailer, will be superior to most motorbuses now running on the highways.
‘Fresh as California Dew’
Du Pont goes a long way to advertise the place of cellophane for packaging the products that will| travel by plane. “California fruits and vegetables will appear In| Brooklyn as fresh as the California dew that will glisten on their ripeness.” The supreme competition of the future, it appears from a survey of current paid space in newspapers and magazines, is going to lie between the devices intended to take us somewhere else and those which will make it unnecessary to go. While Consolidated Vultee Aircraft is proving no spot on the globe is more than 60 hours flying time from another spot, General Electric promises television will let you see the world without leaving the living room,
Designers Busy
Those who elect to stay where they are will have furniture of molded plywood, designed by Raymond Loewy for Durez plastics. Both Durez and Bakelite, the latter with the help of another designer, R. Doulton Stott, are proposing interior hardware of molded phenolic resins. : / These are busy days for the designers. Egmont Arens talks for Monsanto Plastics of bonded plywoods which can be rolled out almost literally by the mile and formed into any shape the versatile world of industry will want. Most of the end-products the ad artists and industrial designers are dreaming up are suggestions their clients are making to other manufacturers. The makers of the materials are providing most of the imagination these days, and if the producers of the consumer goods are themselves making drawings, they are not showing them. They don’t want- their competitors to see them yet.
Fidelity EE"
Came
PERSONAL
LOANS Vit esta con Personal Loan Department
Peoples State Bank BR
Yona ead Cs. 4
4 Member
THIS CURIOUS WORLD
Education for War and Peace
Training for War Jobs
Preparation for Post-War ur
Evening Classes Beginning Sept. 2
Introductory and Advanced Accounting Cost Accounting Income and Social Security Tax Procedure Personnel Management Labor Economics History Geography Public Speaking Spanish Pre-Medical, and Pre-Engineering. Lecture Courses in “Ideologies of Other People,” “Some Recent Important Books,” and in “Vegetable Gardening.”
Cryotanalysis Drama Mathematios
Nutrition Chemistry Zoology Russian Meteorology Pre-Dental,
Sociology Anthropology
Pre-Law,
Call or Write for Bulletin
Indiana University Extension Division 122 E. Michigan
cs
FIRST FISHES ON EARTH
OF ARMOR. HEAVY BONE-
English Composition Fiction Writing Red Gross First Aid Psychology—Mental Hygiene
Teacher Training
By William Ferguson
Pre-Business
SAR
Liberal Arts Musie Science
years. Address Inquiries to
Courses in
By following the accelerated program it is possible to complete the regular four-year course within three
Indiana Central College, Indianapolis, Indiana.
—
T= lock: %
CLOSES SATURDAYS
am Tem
IT'S A TWO-DAY HOLIDAY FOR US FROM SATURDAY NOON TO MONDAY NOON
Business Teacher Training Pre-Professional Courses