Indianapolis Times, Indianapolis, Marion County, 23 March 1944 — Page 12
THE INDIANAPOLIS TIMES
THURSDAY, MARCH 23, 19%
-—Let's All Give to the RED CROSS War Fund!
oa HY Cn - Every Pair
Full-Foshioned Excellent Thirds
4. Pr.
Limit 10 Pairs Excellent Seconds
4
Limit 10 Pairs * All Full-Fashioned Sheer and Service Weights All New Colors—All Sizes
Hundreds of Other Sargaine : Not Advertised °
\
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| can money to a British- dominated
=| create a political issue where none
Calves (heifers) Good and Choice— So) Dounds down .eceeeeeesss [email protected] M 600 pounds dOWD .esecsesee [email protected] Sausa, Good . s.iievinienanncnianses 10.50011.50
SHEEP AND LAMBS (1050) Ewes (shorn)
Good and choice ........... . 1.50@ 8.50 Common and medium ........ 6.350 7.50 LAMBS Good and choice oes 5 16.38 Medium and good eee 14.50 COMMON ...vvvverrennnsnannas nen
PATMAN SUPPORTS MONETARY PROPOSAL
WASHINGTON, March 23 (U, P.). —Rep. Wright Patman (D. Tex.) today - described as “nonsense” and completely untrue the charge by Rep. Frederick C. Smith (R. 0.) that British and American proposals for international monetary stabilization would give control of Ameri-
authority. Smith made the charge ina Nous speech yesterday. Patman followed with a statement declaring that critics of administration planning for post-war international monetary co-operation were attempting to
should exist.
«. MILKWEED IS VALUABLE WASHINGTON, D. C.—Common milkweed plants,.long regarded as a farm weed pest, are now furnishing floss for lifebelts, marine mattresses, and for heat and’ sound insulation.
There isn’t yet the ceremony in taking delivery of a new locomotive that there is in christening a ship,
But, just the same, it’s a great occasion on the Santa Fe when we receive those super-powered, high-speed locomotives so badly needed today.
For every new one means “rolling” more and longer freight trains loaded with war matériel. and more trains operated for the
A SAFE DEPOSIT
1 IS LOW-COST 9 Different Sizes $3 to $100 a Year
SANTA FE SYSTEM LINES
Serving the Southwest and Calfornia ONE OF AMERICA'S RAILROADS —ALL. UNITED FOR VICTORY
New Steel Beauties on the Santa Fe
increasing troop movements.
The three locomotives shown above are among the first delivered of the big fleet of powerful locomotives ordered by Santa Fe.’
And more are coming!
% Locomotives illustrated above— new “g-8-4" steam locomotive, “2000 class”; S400-horsepower Jreight Diesel; © ‘2.10-4" steam locomotive," 5001 class.” You can bet your wn wheels they'll pull a lot of freight cars fast!
; Tion-ioaa 11 BI6 STEEL ES | NY Stocks Big Inch Has No Post-War "MEAT ALLOCATION- : hi — eee — 1 STRIKE LOSSES |: 5% 2 = Se Valu ue, Moffett Declares aes Busi Want ‘Free Enterprise?’ 8 Ame can 5 wow Tw 0 us ness * a bil Am a m Rad’ 8 8 Yh 8% Wh > — Speci) ut h m 14 13 sans oil Am Td To 18% 11 187% — % NEW YORK, March 23.—James A. Moffett, veteran official Swarthmore Economist Has His Doubts |Cut Output 318,000 Tons Am Tob $i Sic 6% T former executive vice president of Standard Oil of New Jersey, tod > i= a > 26% 2604 2614 Z""y,| attacked as “misinformation given out in an attempt to fool the put rm ROGER BUDROW Last Year, Olds Tells An 0. A &™ a T ia statement by two oil men which praised to Big Tock pipe-line as & 3 Atl Refining... 30% 30 30% +4 %| low-cost means of transporting oil from Texas e East coast. fe SMEN WHO ARE URGING US to “return Stockholders. Bold iogo te 20% 20% 20% + W| Replying to assertions by Wallace R. Finney, an adviser of un BUSINES n lize. se. ’ Beth Steel .... 60% 80% 60% .... |petroleum administration for war, ; to free enterprise” are more radical than they realize, NEW YORK, March 23 (U. P)— i TT 3 Bu ¥ - 3 and J. B. Adoue, pipe-line engineer | cept to be pped after the war cording to Clair Wilcox, professor of economics at Swarth- A series of strikes and work stop- Celanese io 2% 20% 0% - 3 for Standard = New Jersey, oat}: His previous Stamens, Gis used “ small | Chrysier ..... 84% 84 84%. C. .. e cost © Inch was about|series he is issuing —— Hore college. t loak to conceal Pages Sised Ry ine antéo ol 3 Curtna- Wr 14 i ii + ,%|$75,000,000, Mr. -Moffett sald he|the government's oil “adventures,” Some may be using such talk just as a clo : grone en By Dro-| Douglas Aug . 0% 5% 5% +1 would be glad to go before s senate|added that’ the pipe-line would their efforts to repeal social legislation or get rid of avar- a oud Cory. of [Gen Foods. d3% 3 8% — J |investigating committee to prove|carry merely a sulphur crude res. But those sincerely wanting “free P , . Gon Rods TLL 58 — us, ithat the cost actually was “in ex-|“which will pit and corrode. Ee er a ti : in reality 5. "Olds told stockholders today. in| Seserih dT dm 43% + Ja lcess of $10,000,000.” line,” This probably will mean etitive economy are . 8 0 y in|Goodyear ..... 45 M% 45 4+ to be & | enterprise” or a private, comp 1 t. Greyhound Cp. 21% 20% 31% + %| The Pinney-Adoue statement was|pressure will have se this the 42d annual report. p: + advocating great and fundamental changes becau i eo revealed thet saikes and work Klogt 5» 3h W% 1% — %lcontained in a study of the Big he go panually quantity dex? nation hasn't had a truly free enterprise, even before the stoppages in . the operating sub-|L-O- Eockhee Stags _ 1% 5h Oh < 5 Inch presented at a recent meeting {livery curtailed. dh "New Deal. | sidiaries last year were four times Loews EE Nae an do. of the American Institute of Mining ; der to provide fresh competition for greater than in 1942, with steel out-| Mars all ih 14 hh - Engineers. 4 Prof. Wilcox lists many erprise. Be firms.” put lost as a result estimated at Nat Blacuis fe Fo ae > % Even as Mr, Moffett, a severe Cor n Refining why we didn't have free enterprise, es 318,000 tons compared with 53,000 Nat Distillers . 34% 34% 34% + % crite of the government's world ofl hraony ties wee the ari envied] UGRESS HAS (A700 IOMISL) Sones, tons so lost in 1042, ono O'.. fi 18: 18 il |program, made his attack on the Plant Closed: quota restrictions of international poe wilcox says. It can choose an CVIUAN MISC. The corporation also suffered, Olds! Fan Am Air .. 30 Bu 2a = 2 Finney-Adoue figures, a spokesman cartels, “patent|, omy of private cartels” or one _ RESERVES disclosed, an estimated loss of 2,600,- | helps Dodge. 21 21 23 + Yifor Standard of New Jersey chal-| NEW YORK, March 233 (U. Pa manopoly, state of public regimentation, both of 000 tons of coal production in 1043|grec'ch, * © - 17% 17% 17% — %|lenged ‘the claims made in the|The shortage of corn is forcing trade batters, hich end up with the state asi ]30URCIU.3. DEPARTMENT OF AGRICITURS CRAPHIC BY PICKS. N.Y. because of four separate strikes Republic Bt... Ifa 11 .... Istudy and explained that, although Processing plants to close down for - gisshm ina a hy re of private en _ | against 32,000 tons lost in the pre-|gcheniey Dist 53% 52 5314 4 14 [both men were officials of the com- Be Seong time e in Jou than & yeas 1828S a FienOr an : ceding year. Sears Roebuck. 88% 88% 88% + %|pany, their statement “certainly did|and is threa opera i Socony-V. 12% 13% 12% — ) es or teTPrise. FORECASTS END OF Man-hours lost by Work stoppages |gouin’ pac -... 31% 30% 30% ....'" |not have the approval of the direc-|other plants, it was revealed today chain s “It is to be hoped that the lead- were 4,845,000 in 1943, a 17-fold rise Did Brands . Nb B, Je iy, |tors, had no foundation in fact and by the Corn Industries Research margaine, ange ers of business are prepared to ac- COMMU NIST PARTY [over the 267,000 man-hours similarly std Oil (Ind). 33% 32% 3% — is |they had no authority to make it.” | foundation. ardization of lost in 1942, and last year's loss was|sid Oil (NJ).. 35 ~ 54% s4% — Ridicules Clai Corn Products Refining Co.'s products, agree- cept the implications of the freedom ST. PAUL, Minn." March 23 MU. 06 per cent of total man-hours. im Lo or FH, 4 in + % es m plant at Kansas City, Mo., suspendments REITs: of enterprise they so warmly P.).—John Gabriel Soltis, field or-| Olds told stockholders that the US Rubber ... 48s fs uh oh Mr. Moffett ridiculed the asser-|ed SPEIBLIUES yesieryay. ie ‘3 price-cutting andi, suse, that our post-war economy anizer for the Communist party in| corporation, which last year broke jos ‘Heel oc. S304 2% 13. I 4 |tion by Mr, Adoue and Mr. Finney] The Penick & Ford, c., plan dividing up of “POU ized not for festriction ® a, ts th pas y {o| many Tecords, was unable in 1043, Westing. Ei :... 98 98 98 ... |that transportation by tanker, once|at Cedar Rapids, ows, faces & shutoe Eagonts| mt tor expan | Is Made From BUIK cease to exist as a politica organi |Eiter payment of “modest” dividends Yotpf"8ex 1 $I 5% regarded as the cheapest method,|down within mob more than, two He further charges that business but for expansion; that peacetime Advance Is Made From Bu cease to exist as a political organi-|f ‘> PIV T ders, to make — : Tt OOTP EE Ee re has not sought to achieve full em- | America will rival wartime America Yesterd t zation after its national convention gn adequate addition to the fund LOCAL PRODUCE Inch, which Adoue and Finney|of the American Maise-Products Co. - ployment of the nation's resources in production; that private enter- Sales Yester ay 4a at New York, May 20. carried forward for future needs be- | estimated, could crude at a] The Clinton Co. plant at Clinton, but to protect the capital value of | prise in America will pig public L Yar ds “We are interested only in sup-| cause of rising costs pressed against| Heavy breed hens, 33c; Leghorn hens, cost of 10.4 cents a lly Towa, is scheduled to close this invested funds. This has been done, enterprise in Russia . g the 008 . porting men who will get behind government-imposed price ceilings. Broflers, tryers and roosters, under § Mr. Moffett declared that trans-{week-end. The Keokuk, Iowa, plant BE demonstrated. yo f our indus-| Most hog prices today advanced |the war effort and President Roose-| Consolidated net income for 1043 ibs, ae Leghorn springers, portation by the pipe-line would|of the Hub, Co. has been closed all margin of profit on a large volume) demonstrated anni lieve Ws Ma yesterday's bulk sales|Velt.” Soltis said. “The Communist|totaled $63,448,546 compared with glass ent receipts, 84 Ibs. and up,|cost 3 cents per barrel per hundred | week with no supplies in sight for a FO rahi and | in higher panes of lioing and 1n|at ina tndiananelis Stackyaras. the |Party will no longer exist (after the|§71248500 in 1043, the report|se "oo Teen 4 Bo # grade | Miles, or 54 cents a barrel for the| resumption of operations. The Anmargin on a small volume ard in- in higher planes of living an th al the In po Po ti fed convention) . . .-although it may|showed. A po ky Sc; grade A small, 2%; no|1800-mile journey from Texas to heuser-Busch, Inc, plant at St stead of cutting prices, has “wasted | the assurance a for the pre i was made by weights continue as an educational group| After payment of common: and Butter No, 1, S0c. Butterfat—No. 1, New York, » 1outs, the foundstion Survey indi. resources on costly methods of pro- masses of our people. bet 8 160 and 400 pounds. |r the purpose of agitating for col-| preferred dividends, there was car-ispe; No. 3. dso. A modern tanker” he said,|cated, has sufficient supplies to last moting sales.” ween po ‘|laboration on an international ried forward for future needs a sum| eee —s “would deliver oil at a cost of 11|it for only a week or 10 days. Bo “If we really are to return to a LOC AL ISSUES Lighter weights were steady with peace.” of $3415861 against $11,215,884 in| ELROD TO BE SPEAKER cents a barrel from the gulf ports = free enterprise system, instead of| rurnished by Indl yesterday's high prices. The top Communist party candidates will 1942. The 1943 total was about one-| Milton Elrod Jr. wiil speak on{to New York, certainly not more WAGON WHEAT ha Tajsing tasifls, we shall lower hem. apolis secutities dealers ’ “™|was $14.15 for good to choice 200, 1 for office in Minnesota this third of the amount so carried for-| pensions and pension trusts st the than 15 cents delivercd.” Up to the close of the Chicago - We shall repeal the Webb-Pomerene Bid Asked|to 210-pounders. year, he said. ward in 1942, and was equal to about Indianapolis control meeting of the| Both Big Inch and Little Inch, today. itasmals Bout Sie nga act which facilitates American par- [Agents Fin Cop com ......... a” *'| Receipts included 7000 hogs, 600 one-sixth of one per cent of the|Controllers Institute of America at he charged “are a Wanton Waste of | req west” (other fim a ticipation in’ international cartels. |¢Belt R Stk Yds com.. 40 cattle, 600 calves and 1200 sheep.| INDIANAPOLIS CLEARING HOUSE |{nta] amount received from custome 6 p. m. March 20 at the Lincoln steel, a wanton waste of taxpayers’ No. 3 white oats, and No. 3 oe “We shall reform our patent Belt R Stk ¥ds pid... ce Clearings .........oeeveeensens. $ 4634000] 0 Cogs Hote), money, and will have no value ex- Ber No. 3 Jolin Jhilled corn, 8 system. We shall repeal the many Bobbs-Merril 5s prd ll. 80 Ll GOOD TO CHOICE HOGS (6400) [Debits ......................... 13,456,000 shelled corn, . : . 20- 140 pounds .....ee...... [email protected] : . : other statutes that operate to ex-|IClcle Theater com... 101% 104%] 130: 160 TS, Laan [email protected] : clude competitors from markets, to Don om © id rersrhes 11% 122% ion ise pounds pa vie {350m .08 . handicap the efficient sellers and to|Hook Drug Co com... ..... ja By, 7 {180-30 pounds ,, - 1405@1418 protect Pre inefficient; the state a ar Sn i 113 116% - iio pounds ve . Wasa 141s pithy laws that permit resale price main- yw} yd med '7% pid. 30 '$ | 30 J00 pounds 1iioiiioii 1 dRaiee ' : tenance and prohibit sales below *Ind Gen Serv ...... 205% 300- 330 POUNAS +vuv.oesesns y : ¥ 2 x cost; the Miller-Tydings act and| jan p a 1 com. a as He 360. POURSE sues sirereee 1 Another chapter in the story, “Working for Victory on the Santa Fe” : certain provisions of the Robinson- Indpis Railways cem .. y 3 14% | 160- 220 pounds .............. [email protected] A iminatory. tax- ndpls Water PIG.» vnsevenes iin Packing Sows ogg the nu- | Lincoln Loan Co" 314% pla... a ” ror 500 pounds. [email protected] merous barriers to trade between Hoi Na 1s Pra... 26% 27% | 300- 330 POURAS «.rsrererrnrs 13.30@1350 states. SE G0] BEE nT hed “We shall abandon the subsidiza-|N 0G Tub Serv 6o7. Doi 108 109 | Good— nearer Ea IY Tens . eeeranneines 131001335 tion of agriculture, the proration of |X Ind Pub serv ” Tots Toes isn. suo BL shin [email protected] : petroleum and the establishment of | bun Serv of Tog 5%. Wk: 10004] minimum prices for coal. We shall | | Progitss Launary £m sresaens 3 2. 7. 230- 500 poungs ry [email protected] : permit motor carriers and water Sons Bros pr yu yaariae ‘a 171s ein nt leew er Pigs carriers to compete for traffic on ‘United Tel Co 5% “an | 250- 500 pounds ............. [email protected] Union Title com . 27 equal terms with Saruies i Tall Van Camp Mik pfd .......... 0... CATTLE (650) We shall strengthen the anti-trust BONDS Cholce— Steers oe division and the federal trade com- Alger Wins yy iy H%... 1% iso" | 100- 900 pounds . . Brg b. mission and proceed vigorously t0|american Loan 5s o's : " e910 oi DI . [email protected] i enforce the laws forbidding re- Ott Newspapers ont, 32-5 Ble 80 83 | 1300-1500 pounds ..eeeeceeeess 16.00016.78) . straint of trade. Citizens Ind Tel 4%s 61 .... Ol ds 14.73015.7 ; “Instead of holding government Consol Fin Se 80 Bo 1i00 bounds errernsiie iwigis f surpluses off the market as a means | indpls P & L 3%s 70......... }350-1500 pounds ..eeeeeseess 14. ! J: N pounds eceessssesss [email protected] of maintaining highly proftable| Iii Rairer S3as fn, 8 | rices, we shall release them at a|Kokomo Water Works 5s 58..105 ..... 700-1100 Pounds .....ecses.s. [email protected] : P Packing Co 49 54 97 100 [1100-1300 pounds 13.00014.75 rate that will stimulate a healthy id & 10 Stores 55 80....100 103 Contioer ee Tren ’ 5 competition in price. Instead of |Muncie Water Works 5 %....108 NE 700-1100 Pounds -~...c0.veuns [email protected] : padiocking, dismantling or export- |} 124 Tub Serv 3 8 73.......101 Chote. Heifers ' ing the government's war plants, | Pub Serv of Ind 3%s 13 600- 800 POURS .........0n. [email protected] we shall sell or lease them to new|Ri% Tel 4%s 88 ._...........100 800-1000 pounds... vee. [email protected] mterprises, or, failing this, we shall| Trac Term Corp 5s 57 ...... 86 89 - 8 48 enuvevsesees [email protected] on them as etic in or- US Muaune Cop 6s 53...... 9% Joz 300-1000 oe cenesscenass [email protected] ; : : 500- 900 dS seseeereenss [email protected] 3 A Mile From Higher Prices” iil Cortiipt Res e 500- 900 POUNAS .....eusensns 10.750 132.00 : He Since 1873 de Bulls (all weights) . ) Poca an (all weights) . 11.50913.35 u a itis ets ak amar ae [email protected] Medium III 10. 0010. 75 Cutter and common ....... [email protected] : Cows (all weights) irr aero 2% 2.00 S| Soatum II 10.00012.00 ’ = | Cutter and common .. [email protected] SE CanNer ..........ciiininnnnnne 6.00@ 17.75 5 CALVES (373) 4 3 Vealers (all weights) & oO = E : Sona to Chotce ceesesernacees 15081000 ° ® E ommon to medium .e..0000ae 3 A Ny y Cull (70 IbS. UP) +eteeenunenes 9 18 926 So Meridian St. Feeder and Stocker Cattle and Calves . s Chol Steers : CO 00- 800 pounds .....cseevsr. 1180 13.00 : 800-1050 OURS +-renneretrs 108001180 : : 5 pounds «.cccocencecee America’s Greatest Hosiery Values! Exclusively Ours! Amaz- rg cB GWie ingly Priced! Every Pair Hand Inspected by Our Experts! |= common" "| a sas 28,800 PAIRS ON SALE FAR BELOW CEILING PRICES! 500~ 300 Dre oas® a Good and Choice— 3 (506-1000 Pounds s..eeeveees . 1L.75Q13.238 500- 900 pounds .........,.. « 9.50@1L7
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