Indianapolis Times, Indianapolis, Marion County, 2 September 1943 — Page 21

« Eslsakir § g

i BE - i 2g

2 g : 3

J | f

oe va rw Sh dn HS

£8

e. which will he Eompleted about Dec p Lr Eh a To Te ot mew facilities in the Hawthorne yard in Indianapolis, new and extended passing sidings at Ben Davis and Clayton, and

~ | spent to extend the present deste | ward siding to Kraft coaling station:

3ERY¥ HE

31 228

the betterments at Dunreith, Dublin and: Centerville, will further improve the movement of freight and er trains over the three main-line divisions, extending from St. Louis, Mo., to Columbus, O.— approximately two-fifths the distance between St. Louis and New York™ --*The projeets at the-seven points mentioned, at an -expenditure of nearly $2,000,000, are among a large

. number of improvements in the

Pennsylvania railroad’s western ter-

. ritory, on which our railroad is ex-

Pending a total of 20 million dolIn {ts Hawthoe yard. here the|

and with coal and water facilities at each end of the ‘relay tracks. This project, to -cost $192,000, will permit through freight trains to he supplied with coal and water while

- polis on ‘the Indianapolis-St. Lous “main line,

At Ben Davis, $227.500 will be "To Keep Valuables Sate Rent a Safe Deposit Box at ~~

THE: = of NDNA NATIONAL Bn

pjcapacity will be constructed at

1] and Centerville, will provide greater flexibility in handling the heavily

~d4

~ PORKER PRICES

IN BRIEI—

to accommiodate as many as four average freight trains at one time,| and extend the present 139-car westward siding to 232 cars eapacity to accommodate two freight trains at a time. A new eastward siding of 150 cars

“RISE. 15 CENTS|

Top Advances to $15.30 as 6000 Hogs Arrive at Stockyards. A 15-cent advance was made in hogs weighing 160 pounds or more

at the Indianapolis stockyards today, the Jood distribution ‘admin-

Clayion and the present 138-car siding, now used for traffic méving in both directions, will be converted toi serve westward trains. - These aprovements at Clayton will total

The improved facilities at Dublin, Dunreith and Centerville, which will include a new eastward passing siding and an extended passing siding’ at” Diblig, And extension of both eastward and wéstward passing sidings at Dunreith

concentrated passenger and freight movements between Indianapolis and Richmond, will cost nearly $500,000. Improvements east of Greenfield, including ‘ the construction of 10 miles of new main track, construction of a new eastward passing sid- | - ing and extension of two westward passing ‘sidings and one eastward passing siding—all to accommodate | 532% 150 .cars, bridge and signal work and reduction of grade will total $825,000. .

RYE FUTURES TURN | "LOWER AT CHICAGO}!

* CHICAGO, Sept. 2 (U.P). Grain * futures moved irregularly lower on the Board of Trade today. In early dealings wheat and oats were Up*% to off % cent a bushel: and rye unchanged to off % cent. In the September options wheat was unchanged to up % cent al: ~| bushel from the previous $1.45% @ % ; | Sag oats. off 4% from 74%, and rye off % to '% from STS @ YY. = Rye opened steady, but developed an easy undertone under selling by eastern interests. Stop loss orders! at around $1.05 a bushe] for: ber contributited to the

ERI FTE

$ es

Packing Sows

od $585 8 Hi

§ : 3

13.404013.78 [email protected]

12.35Q13.28

[email protected]% 16.

¥efseseneante.

a. Hae-1100 pounds ses 1100-1300 pounds

700-1100 pounds

4.50@15. 14.509 15.75 . 13 Buen 50

. 11235013.00 sans

essa es bane

srssenNsenane

chairman, 7s (reported that during the months ended last July 31 the company discovered 10 new oil pools in addition to tions. in e by others on the outskirts of established fields also-added to the com pany's indicated reserves in these fields, he added.

Domestic air lines increased their

earned surplus by about $15726.876 during 1942, the civil aeronautics board revealed today.

CAB officials consider this a re-

markable showing in view of the fact that the air lines are operating with 51 per cent of thé planes in use before Pearl Harbor, half of commercial transport planes were taken over by the army in June, 1942,

Nearly

. . . The National Safety council reported {oday that accidental industrial deaths rese only 3 per cent during the first six months of this year despite increased production and employment. Deaths among railroad employees rose 18 per cent compared with a 16 _per. cent increase in man-hours worked, ¥ x ®

Price increases were responsible

for ‘orily ‘a part of the 12 per cent rise in retail sales volume in July compared with a year ago, the commerce department revealed today.

The department's sales index was

sup 178 points on July 31 over the same date a year ago, while the price inde 82 points. The assumption that price advances only partly were responsible for the sales increase was supported by the fact that shother retail sales index of the adjusted to eliminate

x showed a rise of only

underground reserves Ugh record drilling of explorawells on its: undeveloped oil rties, Prank Phillips, boerd announced today. He seven

~producing formapools, Wells drilled

N.Y. Stocks

Net x A last Change

abs 19% + % ais t+ 13% + 9

Pls

750 14.00 resents. [email protected]

I+1+111

eseseans IL gH

sessasisnese BL

ervenevarans 10.35Q@1108 iets 8.00010.38

iq Shel I+: +1

BE a

=F He

[fs

“hs LT 26% Ei oe

> -

ww FE Datel

3 £3

% F SFEEFE

TABI i

LJ J

2 =

820

f 3izeanag

—i%

“e3sziEns

e oo. s F

LOCAL PRODUCE Heavy breed hens, 3c; Leghorn hens, y fryers and rosters, under © Teesipta 56 ha. and up

Ala He; grade grade A smal, 36. bo

¥%oishow a decline in brand approvals

Ya %

FEF

(FEEE FFF PEE FE 55 5 SEE FE FErisEv rE

Lage Heavy Profits. That Is Why You Pay the |

High Prices Today.

By CHARLES T. LUCEY Times Special Writer, 3 © WASHINGTON, Sept. 2 —Although heavy = profit-grabbing “in the liquor industry has jumped the cost of your favorite brand, indus- | try representatives point out that | if you “bought” only the tax you would be paving, on the average, | about $270 a quart of 100-proof whisky. It works this way Federal tax is s a gallon. Allowing 6 per cent for financing brings This to $638. Under new mark-u recently put into effect; the wholesaler is allowed a 15 per cent margin, and this can be figured on the tax as on the whisky itseM. So, 15 per cent of $636 adds another 95) cents; that brings it to $7.31. The retailer is allowed a 33% | markup, which, applied to the | $7.31, brings it to $0.75,

Expect Lower Prices |

Stale tax varies, of course, bu the average over the country is! $1.08 a gallon. This, added to oy $0.75, brings the tax and mark-up part of the deal to $1078 a gallon, | That's $2.70 a quart. Most whisky being bought today is under 100. proof, so the price would be shaved somewhat, of course. The cost of the whisky and the mark-up on it is added to this, and when heavy profit cuts are taken at the various levels from distillery to- retailer the result is the high prices you're paying. But the liquor prices are counted on to be lower under the new mark-up limit system ‘than under the system which theoretically - set ceilings st March 1, 1942 levels, but which was circumvented in various ways. Wholesalers and retailers were bound by the OPA ceiling, but often there was uncertainty as to what price levels of March, 1042, had been.. There was heavy demand and short supply, and this encouraged many dealers to get what the traffic would bear. The OPA tried to check violations but with most of its investigatory staff concentrating, naturally enough, on food and direct cost-of-living items, enforcement ‘was of little effect in most localities,

Use Brand Names The liquor. buyer who can show

he is being overcharged has a means of redress under the section |.

of the price control law providing for: triple assessment of damages. If the purchaser can show he has been overcharged he is entitled to triple the atourst of the overcharge or $50, whichever is higher, plus | attorney's fees, While officials generally agree that new brand names have been a chief means of avoiding CO interna] * revenue bureau “records

in 1942 as compared with the previous two years. ‘But some of those approved earlier may not have gone into use until price ceilings came into effect, it is conceded.

| over,

| subsequent: phrip

today with » Standard Oil of to 54 million dollars, ©

{own line for 447500.000, ‘President of the Tennessee Co. 15!" Curtis B. Dall, former son-in-law of President Raosevelt, now an Army. major, who appeared at a

to support his ‘company's application,

no certificate of public convenience | in Tennessee, where it was char-| tered in 1940 by Mr. Dall, John BE. “+ Buckifgham, A—8. Marshall, -Mal-| colm C. Hill and Wade. Thompson. The company had $100,000 capital to start and 26 days later asked power commission approval of a pipeline from Louisiana to serve Nashville, Chattanooga, Knoxville and other Tennessee cities. Approval was not granted and earlier this year, the company asked certificate for a longer pipeline. Now, the Tennessee company is contending with the Hope Natural Gas Co, Standard of New Jersey

ization program for the com-

pon has been with Atkins 16

DISCOUNTS HUGE

UNEMPLOYMENT

Zelomek Believes 6 Million Will Be Jobless if War Ends in 44.

NEW YORK, Sept. 2 (U, Py== The prevention of post-war unem- | Pes] ovenust io Toa ployment, assuming the-end of the taxes, at $6,500,000; war next year, is a challenge to The Hope company’s application | the government to establish recon-|estimatéd cost of its line at $54. versions, terminations, tax and re- {235216 and proposed to “buy gas; negotiation policies that will en- in Kansas at 4 cents a thousand | able business to reconvert to peace- [cubic feet, bring It east at an aver- | time operations quickly, A. W. Ze- age cost of 1026 per mcf and sell | lomek, economist and head of the it for 27 to 20 cents to eastern ns International Statistical bureau, | companies. said today, Borh companies propose to sell | It also is a challenge to busi~| gas- also to other eastern com ness to plan flexible’ policies that | panies, to make up for anticipated | will ‘insure high production at low| shortages in natural gas during cost, he said. |the winter of 1044-45. The line As a result of a study on unem- would require 12 months to build, ployment dangers in the first year Many Object following the War, the Cotnomi®! WpB officials believe the line sald that the widely circulated es- | timate of immediate post-war un- | must be built to care for industrial) needs, and. sald they would grant!

employment. between 12,000,000 and 15,000,000 is fallacious. — His own | material priotitier Res Sitter: tom: conclukion was that this figure will| PANY. after power commission {designated the successful applicant. not exceed 6,000,000 in 1944, even Hove pro t to issue 40 ta 45 i both the Ruropean and Japa- | | million dollars in bonds to build the nese phases of the war should be lin ne and ‘provide the balance n

fa- line to bring western gas to| West Virginia, Pennsylvania, Ohie and New York. Year (eo Build Preliminary estimates of both companies indicate the line would be a financial bonanza. Tennessee |

and |

Sees Upturn In Building "| orval between thé ending of both The fallacy of the higher figures, phases of the war. Should the peZélomek said, is that they concen-iriod be longer, it was stated, the trate within one brief period all the effects on employment would be less adverse 1 ps. Attendant upon the | unfavorable, war's ending # postpone to some all the favorable turing . employment, now at .about * he sald, “the ad-| 16,000,000, will experience a net de-

ones. “Actus

verse factors will be spread out over cline during the first post-war year :

a year or more, depending on the (of about 4,300,000. “Clovernment interval between the ending of the employment will . decline about two wars, and will operate more or 1,500,000 and construction “employless simultaneously with the favor- ment will decline 150,000 to 200,000 able ones.” during the first half of the year, but The statistical bureau's study sug+-| will regain its losses as construction gested six to eight months as the materials become available during shortest “reasonably possible” in-| the second half of the year."

shock

+ Zelomek estimated hat manufac:

WASHINGTON Sept. 3.~The fizht between Oh TON, Sept. 1—-The fit mtwsen

New Jersey subsidiary.

Opposing the application, 210w before the federal power i is the Tenness’e Cas & Transmission Co, which wants

cash The Tennessee Fennetses Oo. nfo the power it would sell 1" securiin recent power commission hearing!ts costs.

Pighting both petitions Is

largest group of intervenors ever = Opponents of the Tennessee com- appear in a federal power o88t, pany’s application contend it is hot| cluding railroads, | now in the gas business and holds) und labor unions;

KNOX COUNTY NEE

coal :

100 APPLE PICKER

LAPAYETTE, Ind. Sept. 2 (U,

J, B, Kohlmeyer, Purdue sity chief of the Indiana em 1 farm labor program, said tod that scattered areas over the s are asking for help to aid in has vesting and canning programs. |__Approximately: 100 apple ple are area, 30 men to work in canning | subsidiary, for the right to -bulld| plants in Miami and Fulton co ties, and other counties have 1 | quested for 300 year-found nr workers. Thirty farm hands to corn are needed for two weeks' work beginning Sept. 20 i Montgomery county, Kol

needed in the Knox com

nes

id. He sald men. ...wanting

‘estimated its cost at $47,500,000, an-| ould apply. tothe. county. | agent nearest tham, or the co including cont in_the counties in nopd

workers,

A SAFE DEPOSIT BOX "io, care

$3 to "$100. a » Year ; tera] Corp. DN

Security Trust Co,

139° KE Washington

, Mai | Your Savings

wu ri seoninis

but thanks to new animal feeding, our

- and propagation.

“mins used to. fostily

armies are being greatly improved in quality

15 ay ous Gols poss mah oft dh ho cause brewer's yeast is the source of the vita~ * of research and. Yabo on work | :

Boley (ns

i: plense os

AMERICANS ARE STILL THE BEST NOURISHED PEOPLE ON EARTH—and there's Reason

Our food may be stretched out these days to share with the peoples of the United Nations,

scientific developments in . fh feathered and four-legged

you eat meat raised on —T you're geting. nutrition plus;

. SLE

Anheuser-Busch is Amelias Spin Ran of yeast vitamins for cattle and poultry feeds:

wr - Our large-scale production of natural vitamins

feed mixtures. Now, when

is ore ous Torti teste front eses