Indianapolis Times, Indianapolis, Marion County, 4 November 1943 — Page 30

few days. It's rrr, we told him, and ‘things are nearer normal we will look back and shake our heads.” ~ h we turned out 8362 planes, 10 times Octo- . Our ‘war production is fantastic but we dont {© ‘because ‘we, the public generally, don’t see it.

‘goes haywire, like the cancellation of tank

much more concerned about it than we would

} Be have been solved. Nor ay we hear cries}

J yp Wo

_manufactuter|

tracts, i being ‘Attempted ‘Boycott’ of | forced to the wall. | 3 Missouri Described : s By Official. a Joud one.

Business is not! WASHINGTON, Nov, 4 (U. P.).~—| getting rich, 88) Attorney General Roy McKittrick Tait going broke. She Beatles. Missouri charged today that , 215 industrial com- {stock Tire insurance companies of their net in- were seeking &n exemption trom | in! - the first nine the anti-trust laws to obtain : ut this ES wo Drafts power to exact as much profit a : on capital and sur the owners of the companies doom WAS 5 —+thvey want." - Wages are nigh. (and so is the] He appeared before the senate | cost-of-living); - retail sales, despite. judiciary committee to- oppose. the. , are record- Bajley bill which would, its title War bond sales stil climb | says, “affirm the intent of the coni‘not enough). gress that the regulation of the Some companies are burned uP | business of insurance remain With-

® Berge Says. National Lead i | Co. Sent Titanium .De-

| he-Said, were the National Lead Co.,

spite British Blockade."

WASHINGTON, Nov. 4 (U, Py Assistant Attorney General Wendell Berge charged today that American members of the titanium cartel had “felt obliged” to help the Jipanese evade the British ems! bargo befole Pearl Harbor. : He also accused them of trying to prevent seizure of German-owned patents by the alien. property cus= todian.

, organized to suppress com=; petition in titanium—most valuable {white pigment—in a third of af |series of talks before the seriate {military affairs Subcommittee on | war mobilization.”

Four Under Indictment - Dominating the American scene,

E. 1. du Pont de Nemours & Co. and Titan Co. Inc. These companies and four of their officials are under| indictment in New York federal court for violation of the anti-trust laws in odnnection with the titanjum cartel. Other dominant factor in the cartel was I. G, Farbenindus- | rie, great German chemical trust, Berge said that titanium is the most valuable and useful of all {white pigments for paints, rubber | products, glass, paper, enamel and 1 other materials, but has been priced | exorbitantly and its use restricted | by the cartel. He sald the cartel] resorted to “flagrant misuse of patents and has gone.so far to actually pay large sums to potential competitors to keep them out of the

When the day's work is done at the Thomson & McKinnon brokerage house here, women their bowling garb and knock ’em over at the Indiana alleys. The team, only brokerage house the city, is composed of (left to right) Mrs. Marie C.. Christensen, Mrs. Celia Ponder, Mrs. Elsie eaplain, Mr. Frances 0. Bright, Miss Dorothy Rethhaas and Miss Josephine Murdock,

HOG. PRICES SAG

-20- CENTS HERE!

Top Declines to $14.05 as "10,200 Porkers Arrive “At Stockyards.

Hog prices contintied their downward trend at the Indianapolis

50 today as well as 750 amplitude

NEW YORK, Nov. 4 (U. P,).—Present radio receiving sets will be-

come ohsolete after the war. when

radio stations may be expected to occur, General Electric Co, predicted today, in announcing. a “reservation plah” for post-war purchase of radio; "| broadcasting equipment requiring deposit of U.S. government bonds. dcdst ‘transmitter sales for General ||

W. R. David, in charge of broa

Electric, predicted that five -years}=

after the war there will be 500 FM stations in operation éompared with

transition to frequency modulation

of “wireless” FM networks and ex-

plained that leading radio manu-.

facturers will continue: to explain

110n account |EIMUISES IFURE iil 33

G. E. Expects FM to Replace | Present Radios After War

12 Either 13 Symbol for

“uwere short of feud ne. reterees this - season!”

crosswoRD puzzLE 27 Malt drink 29 Fungous diss , ease of rye/’ 31 Rectify 32 Beret

HORIZONTAL

1 Pictured screen aclress,

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18 Biblical pronoun

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— 9:15 Stories

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10:00 Song Sho 10:15 Second | 30:39 Bright He 30:45 ‘Aunt Jen J 00 Kate Bm}! 1:15 Big Siste

11:30 Helen Tre .-11:48.Gal Sund 12:00 Gilbert P 12:15 Ma Perk 12:30 Farm Cir 32:45 Parm Cir

1:00 Dr. Malor

modulation stations. ‘The United States, he also predicted, will have

211s indisposed

titanium business.” H¢ sald Farben had dictated

.30 Lone Scout

use military secrecy doesn't let in the control of the several states.” (abbr.)

siockyards today, the food dis- the advantages of FM radio to the J.00 De. Maplex

enus o 2Qenu t 1:30 Love & L

ntl about their war work." The insurance business is not uncompany here makes a Secret! ger the control of the states, Mcwhich has swell post-war gijttrick said; and added: ‘but can’t advertise it and, «17 go state should undertake to. uw. PONCE demand L5et up regulations based upon fair 4 Tand just classification, hiles, ‘pracDespite the poal strike, 1abor tices and rates, it could result in . is exceedingly small and an economic catastrophe ‘to ' the r and management are Working people of the state - undertaking "in a lot of ways the public, such a program, for the reason ! “hears about. | that. the stock fire insurance com1 Brioes go up gradually, wages panies are so organized that they “gradually. The renegotiation | could refuse to do business in such Jaw probably won't be changed, a state and thereby the state would except In detail. Everybody is won- | either have to engage in the fire what will happen when this insurance business or the people

terms upon which American members might do business and added:

Found Jap Concern : “The fact Jthat DuPont, Imperial Chemical Industries (England) and I. G, Farben are also members of other cartels, such as that involving dyestuffs, makes. their control of a fine more objectionable.” Berge described how the cartel had secured monopolistic control, kept high prices, and divided world | markets ard then discussed how | the Japanese market, until 1937, was |

~ do - without insurance protection.” Support Anti-Trust View

He supported his charge that the that! companies would boycott a state aren't] | seeking. to regulate them by reIn | erring. to. Missouri's ‘own: experi“and La Porte |CNoe, n= a- battle. At hms waged: all combine! {against them since 1809. “When “very. Tew exceptions, 1¢’ “Jegistature ‘passed ww o law in 1913, he said, the companies of many ‘neighbors, Kohl combined “and served -notice they

comb ~rdraw--from--the state. . In .a' quo shat ins were stand: warranto proceeding, however, the en Acreages are courts enjoined such concerted owner’ would want Action. his own crop first, The contention of the companies that farmers busy that exemption’ of them from the havent had much 8nti-trust laws to. run combines over -the Public interest was held to be false or's soybeans. by McKittrick. He said the anti- : yo» trust laws are the only safeguard

his. AND ENDS: Peerless of {that the national gqvernment has

to prevent abuses by fiduciary Bh ane. aan, a has || ustees—the “last vestige of con-

trol the national government has

Pay TE over a national business in which answe, Arge | the people of the nation are vi-

1 bubble bursts. Ess aw { IDLE ‘GOSSIP. “That 1s what| farm Jabor chief, J. B.;

SEER Gu PGES SAG wav woe etes ON BOARD OF TRADE

oust ste mill's blast furnace had| - CHICAGO, Nov. 4 (U. P.).—Grain ble piece blown oj When AN futures declined fractionally on the unexploded hand grenade, pred! Board of ‘Trade toda ! way from Africa with other. : 3 d scrap, blew up in the gas off % to % cent a bushel; oats , + +» + The Bell system is on 1, to 1, rye off Wi to Ni, ane 3000S iis Jeiars & parley off 'i. customers not t0| yn the December of ptions Wheat ed long-distance telephone lines at was off 1; too % cent a bushel from 3 hours. [the previous $157%@%; oats off to % from 761 ® %c; rye off 's

LU S. STATEMENT Jo 4 from SLING Y, and barley

Nov. (U. rom off from” $117.

and recei] LOCAL PRODUCE

= gi breed hema 23; Leghorn hens. ag! HT frvers ano rosters under t 25¢c. Leghorn springers, Old roosters, 186 Sans Current receipts 94 Ibs

2.040876. Gog mggs—Grade A large 0c: grade fr CLEARING Nousg | A medium do; grade A small, 3%; oo

, | grade, 3l¢ «8 5,627,000 BAtr-to 4, oe. Suttertat—No. | |

19,286,000 9c: No. 3

8 for 3 com

aa 40 er as, HN 2.80,

| would cancel all policies ‘and with- |

would be in the]

supplied from Germany... He sald that there were indications. of in- | dependent competition “which final-

ly became so threatening to their

control that the National Lead-1. G. Farben interests thought it neces-| sary to -undertake development of a: domestic manufaciuring. plant.” Seven contruclts: were executed providing - for - formation: of ~ Titan. Kogyo Kabushiki Kaisha. o

Charges Assignments... .*

fused to permit titanium to be-ex-ported from ‘Travancore India, where it is found in purer forms than elsewhere, in the fall and

man participation in the company, | National - Berge said, “thus aiding the Japanese 16 evade the embargo which

placed on sale to Japan.” Berge then cited correspondence | and resolutions which showed how | the American members had agreed | with Farben to assignment of [patents to avoid seizure in their] | respective countries. | for assignment of German patents in this country to the American | | members and was designed to pre- | vent their coming into the hands of the alient property custodian.

Gi In addition, Berge charged that|

| the agreements which arranged for assignment to. “patents also call for resumption - of the old cartel ar-| rangemerits after the war. He said]

At the end of the first hour wheat i such ‘agreements Tor post- ~WAr Tesumption of the “game” are gen-|

[eral in the cartel agreements:

N.Y. Stocks

Net High Aliogh Corp ..

Allied Shem . 1 fees 38% Ra a —

HN 1 . 4 9 13 T

n «. 56Y Ad Refining on 26% I pt iy Beth See pf 119% 1 Borg-Warner’ .. 35'; Boston & Me... 3% Rriggs Mig ves. 26% {Case J 1 ain

. 2% «23% 20's . 58%

{Corn Prod | Curtiss- Wr A 1 Mines .. 22 Douglas Aire... 60% Dow Chem ...

Janis

l ag 1 3a]

En:

Feds

tell:

bil

BE @£0k 4 You Took ir TO CENTRAL AMERICA. / THE NEARER THE EQUATOR, THE 2 THE PENDULLIM SWINGS

5s ’ 3e2

-- - >

We PEELETERE $F F LETHEE EF

Joa Tg, FLL

i 3 v

tH ETRE

aaac ann

tribution administration reported.

100 television stations against nine Weights from 160 pounds up were currently, and 50 international short-

pigment such as titanium the}

When the British government re-|

winter of 1940-1941 because of Ger- |

the ‘British had with good cause |

This called

20 cents lower than yesterday while wave stations in operation at. that lighter weights were 25 “Fhe top * fell Yo "$14.05 ‘for “good © to]:

choice 225 to 250-pounders, Receipts included 10,200 ‘hégs, 650 |

cattle, 4

cents Jower. time.

450 calves and 2000 sheep.

GOOD TO CHOICE HOGS (10,200) 12.006¢13.78 | [email protected] |

120+ 140 pounds 140~ 160 pounds 160- 180 pounds

180- 200 pounds ..

200- 220 pounds 220- 240 pounds 240- 270 pounds

270- 300 pounds

300-130 pounds

330- 360 pounds .

Medium

270- 300-pounds 300. 330 pounds -

300s: AW pountls -

Good - 300: pounds "300- pounds

o- “550 pounds

«- 530 pounds

CATTLE

| Chole

| 700- 900 pounds 900-1100 pounds

160- 320 pounds ° “Packing Sows to Choice

14.00@

14.08

or 14.006014.10

[email protected] is“an immediate

713.35@13 |

. 1, Ball. 8 ans vais 2)

i LOCAL UTILITY

PVN 12.00

11.25@1

(658) Steers

11100-1300 pounds ......co0ees

| 1300-1500 pounds

Lead shipped 700 tons, | | Good

1100- 1300 pounds 1300-1500 pounds Medium | 700-1100 pounds | 1100-1300 pounds Common - 700-1100 pounds

|e 00 pounds Soo. 1000 pounds

Oo: “300° pounds 800-1000 pounds | Medium

S00. - 00 _pounds -

500- 900 pounds

13 18 |

. 12.254 13 00 Slaughter Pigs: tL and Medium and’ Good—

oe [email protected]

. 13.000 . [email protected] | [email protected] |

gis 13.25 | 45001050 Coke Utility, today reported de

oe 10.28 .. 10.50

14 aii] quarter of this year.

15.00

Jeg

250%

12, 30012. ®

10.256@ 12.50

2.00 }

| with $1,476,272 in the same period 15001000 oct year.

"Low Lag Change |

151% 151% - + a A Re

3 ul 500-1000. pounds

%a| 500 pounds down .........

(all weights) [email protected] | 9.504 10,50 | { Medum and common .......... 750@ a3 Canner 600 Butte (all weights)

ee] GOO .. i. ccusaanirarriane | Sausage Good (all weights) Medium Cutter and common . CALVES (450) Vealers «all weights)

| Good Jo choice d medium

up) 6.00@ tocker Cattle ‘and Calves Steers

Cows

[email protected] |

1000@ 10.76 | £.3504210.00 6.00G 8.50

| Com an Cull "as ibs. Feeder and

hotce~— . 500- 800 pounds ®12.00 | 800-1050 pounds 10 nai. | Goud 500- 800 pounds tl 800-1080 Frounds ene

Medium a 500 1000 pounds . eresseen Common rs | 500- 900 pounds . | Calves (steern)

11.00

Sasesetairene 9.7% 10.7%

we 950 8.50@ 9.78 11 50913.00 8.50@ 9.75

| Medium. . - 900 pounds ............. 1.00@ 8.50 Calves (heifers) | Good and Choice—

[email protected]} | Medium 500 pounds dewn .... .:.%. 9.00@11:25 SHEEP AND LAMBS (2000)

Ewes spn) . holce ... .......; 4.79@ 8.73 PRA 4.7%

[email protected] 10.509 12.50 200910.50

4! Good and choice | Medium and good | Common

! LOCAL ISSUES

Nominal quotations tarnished a Indian. lers. i i

Vp! eo 3 Belt R Stk Y

jeit R Stk Yds pid.

¥ Circle Theater com

103 12% 10% |

118

{ Comwlith lan 3% a Se 2 | Delta Elec nb | Hook Dru “Co com

I | Home Ti Wayne 1% La " 5% jd 4 M & Muh “Ee 11 BR

a Ind Rare. “Hee id hid Gen Se: Indpls P & pS ha pid . P&L

Indpls com Indpis Railways com. tndbis Sater tf ater ass A com Lincoln Loan Co 5'2% pid .. 93 Lincoln Nat Life "ep, > Mallory com

® -

Cos :

Ind Pub Be b Serv of Ind 5% pf Ind

Hee uuE=Sseit FFF

H 3

® fect Circle Co. here many years,

104% new position, Mr. Teetor is second

is officer of the corporation.

5 Lb

He told, a meeting of the. com pany’s - sales executives American public. after the war will probably consider a radio receiver without FM as obsolete, and said that this will furnish a strong incentive for the purchase of sets with | the new .kind of reception service

. 13.908 13. "| 13.9861 | included.

David said that in areas where]

potential post-war |

‘with this same FM service.

3 DROP =:

"And Citizens Gas Show Decrease.

Two Indianapolis utilities, Indian apolis Power & Light Co. and the municipally owned Citizens Gas &

creases in net income for the third

_ Both Power & Light Co.|

public through advertising. Network 31 Everything

support of FM, rather than interest from viewpoint of protection, is confidently expected, he. said. Paul L, Chamberlain, in announc-

‘that the|ing thé" “reservation “plan” emphia=7

sized that the plan is not an order for equipment. The G. E. official said the broadcaster will not have [to gign a contract to buy but that under the plan's terms “he can place | |

{his order for equipment at any time: .

32 Roll of ‘tobacco - 34 Doctor of Theology.

“abbr”

‘385 Disordered

138 Sloth »

139 Invaded country 40 Symbol for tellurium

lup to 90 days following the date 41 Musical

when production and sale of com-|| . [email protected] | pnp stations are now operating, there | mereial transmitters is authorized.

“To maintain his reserved posi-

radio tion; -he-must. enter into & mutually {receivers with the FM band and | satisfactory sales contract within!" 112.50813.80| another big market in car radios this: 90-day period. The bonds re-| : main the property of the broadoas- + He, forecast extensive post-v war use er, of course, as well as all’ income napped from them. They will be returned | 5 Short-napp ‘whens contract is signed, or at any 58 Drone bee -| time the -broadeaster- wishes to. fn! 8g ‘Symbol for ks [draw ‘from the plan. In the latter, |

case, the ‘broadcaster: Josés his Pris (ori for equipment.” ’

The Power & Light's Co. net}

lincome for the first nine months this year ‘was $1,438,498 compared

Revenues from the sale of electricity, steam heat, water and rents in the Electric building were $12, * 643, 383 against $11,343,202 last year. | But operating expenses and taxes [totaled $10,050,574 against $8,661,847

was $2,901,861 compared with $2, 036,550 last year,

for the quarter ending Sept. 30 was $221,463 compared with $207,422 in the second quarter of this. year, and with $241,610 in the Seplember quarter of 1942. Gross operating revenues for the third quarter were $2,620,804 compared with $2491973 in the pre= vious quarter, £166,000 Indianapolis Gas plant rev-

enu® bonds on June 1, leaving out}

| standing $7,240,000 of the original | $8,000,000 issue. It also retired $126,{000 gas utility revenue bonds, léaving $5,874,000 outstanding of the {original $6,000,000 issue. On June 1, | 1944, $174,000 of gas plant revenue bonds and $130,000 of gas utility {bonds will fall due,

DANEL C. TEETOR

NAMED PLANT HEAD]

Times Special goin

HAGERSTOWN, Ind, Nov. 4-— S 2 Danse) C. Teetor, director and gen{eral factory manager of the Perhas been elected a vice president, it Was announced today. In his

vice president and’ third ranking

William B. Prosser and William J: Cramer also were named to new positions. Mr. Prosser, ‘who has been manager of the Tipton and Richmond plants and sales manager of the standard equipment division, was named general factory mana. ger to succeed Mr, Teetor. Mr.

Richmond plant, was named mana-| ger there.

+, WAGON WHEAT

fai dlsnapotia flour mills and id $1.57 per bushel for

last year. Provision for federal taxes|

The gas company’s “net income |

The utility retired]

to the close of tHe“Chicago juarkat §3

MONDAY thru FRIDA Y

fsteping

Cramer, assistant manager of thef

Bust

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instrument 144 Railroad (abbr.) '45 Nostrils 48 Decay. 49 Expire 50 Brought up 2 Encounter

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frogs 3 Negative 4 Arid 5 Myself

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Cooking and rationing helps for busy wartime homemakers . ....

"THE

MONDAY dhru "FRIDAY .

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available to WISH listeners weekly.

: 45—Lowell Th p 00 Fred

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00 18. Song Sho 30 Fairy Tale 45 American

3:00 ¥ 3 3; 3: 4 4: 4: 4:

Pp. 4: 00irl Marr 4:18—Por 4: 30—Piatn “Bm 4:45-Front Pag : 00--Big Sister §:18—Hearts In 8:30—Lum & Ab

Wai

s go Regret :00-—~Time to Si ;156=B. 8, Bere :30=Consumer.

Indiana US Nov, 12 for ar Iltinois st. bi apolis Service Illinois st. will be Mrs. ID tional chairm

training.

Wife of the Morrow, amb: is a native of at Smith coll in Paris, She Piinted Pig” and “Quatrai

GINGE “Myths Fol be the topic talk to membx tronomical st Bunday - at ( vania and No