Indianapolis Times, Indianapolis, Marion County, 28 September 1943 — Page 8
ps within the United States.
HALT WINNIPEG
sen esc won meee HEAT TRADE s have been rivals! Farmers to Get 44 Cents A Bushel More Under New Order.
gfe E EPEES
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OTTAWA, Sept. 28 (U, P) ~The Canadian wheat board has taken over control of the Winnipeg Grain Exchange and trading in wheat futures has been suspended, Trade Minister J. A. MacKinnon announced today. One of the principal immediate effects of the government's action will be to increase the price of wheat received by the producer by about 4% cents, based on the closing price on the exchange yesterday. Suspension of wheat dealings followed recent sharp advances in futures prices of the grain, which are now-at new high levels. It had been feared that any further climb in wheat prices would disrupt the
_lCanadian price control scheme, in-
asmuch as the price of flour is now pegged .
Many Unable te Ship
“By placing control of the purchase and sale of Canadian wheat
t. 28 . P.),—The federal comtoday anne _approval of the » Western Union and Postal Tele-| ‘the only two agencies han-
sd company, which presumably
A Western Union Telegraph Co., will ke the telephone, power and gas
4 | Cutter and common.
Rd ; Wl
| Kapok fens 1nd bsaraney to thie Beary Brn pn career “swimming” across river in England. Rotating ng tracks are used Tor steering across the water.
PORK MARKET
Light Hogs vs Decline While Heavies Sell’ Higher; 9350 Received.
A split market developed in hogs at the Indianapolis stockyards today, the food distribution administration reported. Weights from 100 to 160 pounds were unchanged from yesterday: those from 160 to 225 pounds were unchanged or 10 cents lower, weights from 225 to 300 pounds were unchanged, and weights from 300 to 400 pounds were 5- to 15-cents | | higher. The top was $14.90 for good to choice 210 to 225-pounders. Receipts included 9350 hogs, 1975 cattle, 600 calves and 3000 sheep.
“=w The record is Teplete Within the hands of the wheat board,” hoor dui evidence as to the extensive use| MacKinnon Said, “it will be possible CC 3 Vana) wR ~ being made of circuits, equipinent io deal with current and’ future| 140- 160 pounds 13.780 14.55 | and manpower for the operation marketing problems on a basis| 30° }00 Pounds + 1484140 and maintenance of service devoted more siutable to war conditions.” 230 pounds see 1TSG1400 . io the dissemination of race-track| MacKinnon announced an initial au pounds re I ea information to ‘bookies’ a ou payment to producers of $125 a| 0. 300 pounds W088 ~ tomers of so-called “publishing bushel, basis No. 1 northern, in store | 330. 366 pounds ............ 14035@ 14.00 at at Ft. William, with participation | Medium— Expeet Improvement for the crop years 1043-44 and 1044-| 100- 220 pounds ............ [email protected] '45, together with a promise of early : Packing Sews i The commission as 8 whole ex- distribution of payments on par- | Goad »5 Choice™ RHI rammed concern with the failure | ticipation certificates outstanding | Soo. 330 pounds [1.1.il11ll Iti0@1440 fe the management of Western, producers’ hands in connection ne. 4 potnds Resasssnnens 310 i. 3 | Union to make specific plans for with the 1940, 1941 and 1042 crops. |g oo po saesaivrans "speed and price standards to meet| MacKinnon pointed out. that| 400- 430 pOURdS 11ruvresrs 1ESO143S «competition of the telephone and transportation difficulties have pre- Misti Stassenssere J0.8002410 airmail’ and warned that within vented many wheat farmers from | 250- 850 pounds ............ 12.28013.60 . one year it would expect a compre- | srofiting from the recently high Slaughter Pigs hensive plan for h vanvtrsion into "8 prices at Winnipeg. og Ag on RR [email protected] modern, efficient. nation-wide com- ———————————— ord CATTLE (1970) munications system capable of effec- LOCAL ISSUES Siders tively competing with other .com- oh ; ¢ services.” min quotations furnished 3 nde, 3%- So ound cerrasinenane Rugs . Under tie merger, Western Union | gents pin COP SOM vssusees Th o.. [100-1300 Pounds ...vecrrveess 1 $0014.18 $ must also make plansto end the in« Agents s Fin Corp pid hii -» “ 1300-1500 8 eevnvicnsane [email protected] ternational phase of its Spesations, "Belt B 8k Yas Com vo | 300 008 pounds ...... vers. 138081828 ‘which includes several transatlantic | Bobbs-Merrill com ...... es - POURAS «osuvniseenss i i a ; Bobbs-Merrill 442% pid ve [1100-1300 POUNGE ...evensnrs [email protected] cables. with | oi tex {1300-1500 POUNAS +.vevrrsnrass . ‘ ' and others Shanecting | hs ih Loan fom un iti Sahai pounds . 12.750915.50 _ port its final program for this ters|Hook Drug Co com .... *| 700-1100 pounds ......ouee... [email protected] ns for this ters Bosk ny a. his 1100-1300 ea AR nen ~ mination at the end of a year. Ind & Mich Elec 1% bf MO = Fo Soa book value of [ind Auo Tel 3% Did o.-re-300W 100% | 100-1100 pounds ............ D00O1LTS] oo te ras Union | “taapie ra 1.5 BO ry pid 5301 " 3 Va% pid...a a, 0lce~—- - | io make » merged company worth IEE yt cr 16 1] San Bond cri MONA : ¥ Good— $00- 800 pounds issues. 11TGILS0 800-1000 pounds .sieeesccscss 13.00Q14.50
Medium 500- 900 pounds ... Common 800- 900
savsnness [email protected]
Seas nannnnns
pounds Cows (all weights)
Good Medium
8.25010.7%
12.00 10.7%
SEA ARsa ETI RAE ty
CRRRBE oo..iiivisivinansanss
Bulls (all weights) (Yearlings excluded)
Estates ERIE aRR ARN aees [email protected] Sausage Good weights)... 10.008 i RTT ILE 8.002 10.00 Cutter and’ common ....... 6.509 8.00 CALVES (600) Vealers (all weights) Good to choice ... .......... 14.5082 15.00 tCommon—and medium. 10.00e214.00 Cull (7 os. MP) sevscacarens [email protected]
Feeder and_Stocker Cattle and Calves
overtime pay.
ing of operators, and by the elimination of competitive practices and
Steps in the consolidation will be: First, the linking of all Western Union and Postal offices in 90 large
IS SPLIT HERE|
Jones today told the house small-business committee that some of the
WASHINGTON, Sept. 28 (U.
war plants in which the gove
chemicals, These, he sald, represent “only a small percentage” of the Reconstruction Finance Corp.'s $7.020,000,000 investment in Defense Plants Corp. “Many of these plants necessarily will have to be junked,” Jones tes- | tified at a committee hearing, “but others now being used for manufacture of war equipment can be and should be reconverted and operated by private enterprise which must be—given good terms to {facilitate purchasing. p
users of government defense plants generally retain purchase options at cost less normal depreciation, “these options will probably never be taken up because of high wartime cost of construction.” Jones ‘listed RFC's war invest-
Plants Corp.'s holdings as $364,000,000 for Defense Supplies Corp. $434,000,000 for Metal Reserves Corp., and $120,000,000 for Rubber Reserves Corp. The nation’s raw rubber supply
STATE TRUCK GROUP RENAMES WHEATON
Ernest 8, Wheaton, vice president and general manager of the AeroMayflower. Transit Co., was re-elect-ed head of the Indiana Motor Truck association yesterday at the organ-
80! ization’s 12th annual meeting at the
Claypool hotel. Other officers will be selected at the next meeting of the board of directors. Walter W. Belson of Washington, assistant general manager and pub{lic relations director for ltean Trucking Associatio Inc, who spoke on truck and tire con{servation at the convention, said the office of price administration unofficially estimated a shortage of 1,000,000 truck tires next year, He] sald synthetic tires were only 65 per’ ‘tent as efficient as pre-war tires,
FLOUR MILL SUED ON NAME SIMILARITY
1
Food Mills, Inc, manufacturers of “Golden Mix" for muffins, filed suit
11.50/in federal court today to enjoin the
Pillsbury Flour Mills Co. from selling soya bean pancake flour under the name of “Golden Bake Mix.” ‘The company claimed in the suit that Pillsbury used “Inferior ingredients” in its product and that
Hl lbaes: 1 4
.
Steers public dissatisfaction would injure Chotee— Soy Food Mills sales because of sim-200-108 bounds ....0is1s. 1300@12 00 UATILY in names. 300-800 POURS . [email protected]] i a 1 WAL ~V~ S4oeks-500-1000 POUNAS .....rres cir DAS@IL00 uk ule Common 500- 900 pounds ............e 7.500 2.7% Net Calves (steers) - amp. .. High Low Close Change Que mt omnes CC nwerese) Aloch Comm BN FR HCE Medium— [Allis-Ohal ,.... 38 31% 38 + % 500 pounds down ............ [email protected] Am Can ....... oo ow —W Calves (heifers) Am Rad . . tats Gal4 and Che Am Roll Mill. 13% 13% 13% Lon 3 Dn down ...ieeiiiin Neen Am ToT seta 156% 156% .... - A : 500 pounds down ........:. [email protected] Anaconda. veman 25% 21 2 > SHEEP AND LAMBS (3000) Atchison i 00% Ma en +1 Ewes (shorn) tl Re Ws MN Wh .... Good and ehoice............. 5.715Q ¢so/Balt &O pf ... 10% 10% 10% .... Common and choice. ..... sees A00Q 8.78] DOTE-Warner .. Ba Ph 2 + » Good 1nd STATE LA errs CHS A 4% me Medium and good............. [email protected] | Cons WES I crscteissaandeess ioe 9.00@1L00| Cons Vul Air pf 227° + Ye an 3 iw a = og Alrer [138% 138% 138% — 1; Blaze-Blitzing Bast Kodak...161% 161% I6i% + FA jen Bectrie ie 3° BC = Gen Lee AN 41% 61% 3 By Jeep Developed |g iso He 4 + 3 i 39% 39 “> TOLEDO, Sept. 28 (U. P).—A| Dd Raven: Bh a wx fire-fighting jeep that will be a nt Nickel ..... 30% = 30 ms F. boon. to small communities and will | Jonneaten .... pi oi ME I enable fire-fighters in large cities to | Kennecott. .. .. 31 30% 3 reach the scene of a conflagration [I oF Olas .. 35 we Bt = more speedily, has been developed NK» - by Willys-Overland Motors, Inc. it He dw = as announced today. 3 + td —- t the present time, the company mW is using this so-called “blaze-blitz- dal dae ng” jeep -to- fight fires within its yh aE factory. here. . ThE fire-fighting | pen HE - vehicle Is built for quick dispatch to |Procter & G .. 31% $7" : {plant : Pub Serv ...... 1 14% x y Pure : i A ui
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Jones then explained that, while |
ment in addition to the Defense |.
Amer- | -
CHICAGO, Sept. 28 (U. P.).—Soy
FE IE FEETEEEEE ry
U. S. Will 'Junk’ Some Plants | After War, Jones Believes
P.) —Secretary of Commerce Jesse
rnment has invested more than
$7,000,000,000, will have to be “junked” after the war. Jong said, however, that the major portion of losses would probably | be restricted to properties now being used to manufacture ordnance and
in July, 1943, he disclosed, was nearly double the amount on hand in January, 1940, and “I don’t think we will suffer for want of raw rubber during the course of the war.” Synthetic rubber, Jones said, is {now being produced at the rate of {30,000 tons a month, and will be {stepped up to the rate of 800,000 to 1,000,000 tons a year “within a few months.”
securities—for the next Tew weeks at least. He believes stock traders will have an opportunity to buy stocks cheaper before the end of the year. The industrial average closed last night at 13941. Some of the experts believe it could sink to 110 before it gets back to the year's
high of 145.82,
on the out and thus spoil our chances of early sie: Jory. oeice The Jott one |much as’2% cents a bushel on the for the war effort and also. or the | Board of Trade today. Other grains
upturn. At the end of the first hour wheat | up 1% to 1% cents a bushel; Sais Up % W'% snd rye wp Wt
long at Winnipeg, and freezing of wheat trading on the Canadian exchange resulted in opera~tions
Offerings increased after the first few minutes of trading and prices reacted moderately from top levels.
DEMAND FOR PEANUTS UP About 1,350,000000 pounds of
farmers’ stock peanuts of the 1042 crop weré cleaned and shelled to
nearly 50 per cent more than cleaned and shelled the ‘previous year.
meet the demands of peanut-butter | makers and other users. This is
Sompensite. JIANy for th
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War traffic keeps her busier than ever bur’ he manages to- kp, calm and pleasant. = ~~ She stil has “The Voice With A Smile” even wikn the lige: : are thick on the Long Distance switchboard and he circuits are. “Soil rls vhf ted phe
ct 1 lp rey gb rid ou ssh for 4 beusr resson than that.
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