Indianapolis Times, Indianapolis, Marion County, 8 April 1944 — Page 4
PAGE 4
FOLLETTE FEARS MONOPOLY TREND
©
Wars Such Influences Must Be Prevented
Dominating Post-W
‘We Face Eco
WASHINGTON, April 8 Follette (Prog. Wis.) warned
From ar Reconversion or
nomic Crisis.’
(U. P.).—Senator Robert La today that unless monopolis-
~ tic influences can be prevented from dominating post-war reconversion, “we face an economic crisis that will make 1929 and 1932 look trifling in comparison.”
He charged in a statement that the recent Baruch report on disposition of the $15,000, 000,000 worth of governmentowned industrial facilities was, “in spite of its careful
phrasing and guarded statements, aimed at one principal objective, that of liquidating the public's interest in these facilities as quickly as possible and forestalling the possibility that these plants might compete with established corporate supremacy in these fields.” La Follette cited the aluminum fleld as an example. Surplus aluminum is being withheld from civilian manufacture, he said, because the Aluminum Co. of America, which holds large war contracts, “is not free at this time to go back into civilian production.” “Consequently,” La Follette said, “They do not want anyone to go back into civilian production of articles which may later be in competition with theirs.”
Wants to Talk Policy
“To win the war our productive - facilities have been expanded to the point where they now are producing national income of approximately $150,000,000,000,” La Follette said. “If this productive machine can be utilized at full capacity when the war is over, and made to produce the tools of peaceful pursuits, the American people are upon the threshold of a period of unprecedented wealth and material wellbeing. If, on the other hand, that opportunity is lost, we face an economic crisis that will make 1929 and 1932 look trifling in comparison.” He sald it was “high time” for frank and open consideration of the government's reconversion policy.
Cites Truman Report
Citing the third Truman committee report, La Follette said it showed that 70 per cent of the total amount
State Utility
Plans Financing
PHILADELPHIA, April 8 (U., PJ). —Northern Indiana Public Service Co., Hammond, Ind., has asked the SEC for an exemption from competitive bidding and other provisions of the public utility holding company act .in connection with its proposed issue and sale of 220,078 shares of $100 par value five per cent preferred stock. The proceeds from the sale, plus treasury funds, are to be used to redeem the company's present outstanding preferred stock. Northern Indiana has -220,078 shares of preferred stock with interest requirements totaling $1.377.468 annually. It estimates a savings in dividend of $277,078 a year. The new five per cent preferred would be offered to the present preferred stockholders on a share-for-share basis, plus a cash payment. The remaining unexchanged shares would be offered to underwriters for sale to the public. Northern Indiana is a subsidiary of trustees of the estate of Midland Utilities Co.
of prime war contracts were concentrated in the hands of only 100 corporations. These contracts will keep them busy for 18 months-with-out new orders, he said, whereas small business firms hold, contracts which will keep them busy only about five months. “It is clear therefore that it will be the relatively small independent producer, the competitive segment of our economy, which will suffer most from any delay in formulating government reconversion policy,” he declared.
le East 16,006,000 000 Bbls.
_ THE INDIANAPOLIS TIMES _ wile Ao
“
STE
Soviet Russia 5,735,000,000 Bbls.
Middle East reserves; British, 60.4 per cent; and French, 6.09 per cent. reserves except small portion under concession to Japan; America controls 74 per cent of Yenemuetan reserves; British, 10 per cent; and Dutch interests, 15 per cent.
Ninety-two per cent of the world’s proven petroleum reserves of 51,200,000,000 barrels are in four areas, as shown on the picto-chart above. American interests control 95 per cent of reserves in continental U. S., with Royal Dutch Shell holding other 5 per cent; Americans have interest in or control 32.7 of known
Soviet Russia controls all its
NAT'L MALLEABLE CUT IS EXPLAINED
CLEVELAND, April 8 (U. PJ. —When directors of the National Malleable & Steel Castings Co. cut the dividend recently to 15 cents a share from the 25 cents that had been declared in previous recent quarters they were apparently complying with a provision of the $5,000,000 “V” loan credit the company orranged last June, it was reported here today. The credit arrangement stipulated that National Malleable must not declare or pay any dividends if “the aggregate amount of dividends paid or declared after Sept. 26, 1942, exceeds 60 per cent of net earnings” after that date. Between Sept. 26, 1942, and Dec. 31, 1943, the company paid $595,851 in dividends from net earnings of $1,025,663, or 58 per cent. Such dividends were, of course, within 2 per cent of the maximum amount permitted. i While no earnings estimete for the first 1944 quarter is yet available, it is apparent that, even though net for the period should not execeed the 24 cents a share the National Malleable earned in the poorer final 1943 quarter, the company still remains with the “Vv” credit limitation by the declaration
of 15 cents a share.
Page 2
WHATS CEKIN?
April 8, 1944
Continued from Preceding Page
Air Service Wives— THE JUNIOR C. of C. has taken o| project. . . . Several weeks ago the
zation arranged to help wives of Jaycees in the armed forces with business affairs. . . . Now they've added such * household tasks as re-
a theater here too violent in
a stage show a
nile charges of disorderly conduct. . .
are being made by park officials for a citywide park and playground cleanup by school
children April 15. . . . The youngs
be drafted for the work because of the mane . » Heather Leavitt,
power shortage. . old daughter of Mr, and Mrs. David 5756 Washington blvd. gave police,
and water company employees a bad hour
and a half when she got her foot
stuck fast in a water company cut-
in front of her home, . . . They had the pipe to free her.
* Yr %
What's Cookin’ in Sports— BASEBALL PLAYERS doing their spring
training in Indiana thought longingly of the pre-war days in Florida as they braved the
icy blasts. . . . The Indianapolis
managed to get in several exhibition games, defeating the Columbus Red Birds 8 to 4 in
the first encounter and losing a 5-3
to the I, U. varsity in a game called at five . The Cincy
innings because of the cold. . Reds nosed out the local Indians, 4
lending the Tribe Pitchers Elmer Riddle . The Tribe will open the A. A. season here April 19 with the Toledo . Johnny
and Bucky Walters, . .
Mud Hens as their opponents. . . Denson, local heavyweight, knocked Hughes, Pittsburgh, in the seventh the main event at the Armory. ...
day... . . golf pro at Pleasant Run, to serve
brother, Tommy, returns from the navy. . Carl R. Brown was named pro at South Grove. . . . Wabash college has abandoned
intercollegiate baseball and track
current semester and will place emphasis on . The seventh annual Southport relays have been scheduled for
intramural sports. . . April 22. wow
Pedestrians Are Learning—
OUR PEDESTRIANS seem to be improving . A survey conducted
in their traffic habits. . . by Boy Scouts at downtown intersec
Saturday revealed a 58 per cent decrease in the number of folks crossing against the red stop signal. . . . There was 4
Entire con
seated in the balcony of
ing their disapproval of
hauled off to the juveaid division on
. Denson was rejected for military service the following Victor Vaughn has been named
cent reduction in the number crossing between
intersections. . .
a fo new being waged to get
organi-
dropped, in many
in slaughtering of
moving storm windows reducing the egg supply and driving prices and installing screens, s excessively high by next fall. . . . Robert F. and even lending a Gladden, assistant principal of Decatur helping hand on mov- Central high school, has been named actin ing day... .Six youths g
became express
nd were writes us to praise reports some of . Plans
ters will
3-yeare Leavitt, firemen
box first.” . .
and leg off pipe to crack
Indians
Cpl. hear Marine Pfc. N. New Jersey),
decision
-3, after
And now for the
out Ira round of
England, April 25,
until his
for the
folks, . .
. from his wife and
folks. . . And
tions last
Southwest Pacific,
a 3 per and Bud. , ,
Our Hoosier hens have been laying so many eggs that the price received by farmers
cents, and it's feared the situation will result
county school superintendent, Rw In the Mail Bag—
FROM INDIA, S. Sgt. Foster J. Burcope
received their Christmas boxes. . in particular,” he writes, “received a Strauss gift box and, believe it or not, he opened it first, which just goes to show you that even overseas a man will open his Strauss gift . Eugene E. Weisse, S. 1-c, SeaBees, V-mails us from the Pacific that
What's Cookin’—next October. Cookin’ also gets praise from Pic. Russell E. Pritchard, in England; Cpl. Harold W., McMurray (2121 Napoleon), George E. Craig, in Italy. .
17-year-old former Shortridge footballer, has been graduated with a rating of high expert from the gunnery school at Camp Elliott, Cal. , .
Happy Birthday to Sgt. George V. King, in
Cpl. William J. Nimal, North Africa, April 11, from his parents. Robert P. Perkins, parents. . . » And to Cpl. Paul W. Walker, Honolulu, April 25, from his wife. Cpl. Robert L. Fleenor, South Pacific, April 8, from his parents. . . H. Stough, in England, April 22, from his parents and the Hoppers, . . - Truman H, Kemper, New Guinea, April 12, from his family, . Glenn Thomas, Egypt, April 14, from the . And to Cpl. Albert Jensen, England, from the family. . . Edward P. Hatcher, New Guinea, April 29,
Robert L. Byfield,
Mather field, Cal, April 147 from his wife, . . And to Bobbie E. Hill, U. 8S. navy,
. That's all until next week.
nts copyrighted, 1944, L. Strauss & Co., Inc.
L. STRAUSS & CO., i. im MAN'S STORE
. A state-wide drive is us to eat more eggs. . . .
instances, as low as 16
hens to save feed, thus
What's Cookin’. . . . He his buddies have just . “One,
he hopes the war’s over soon so he can see the old home town. . . . Pvt. Allen E. Stewart, in the South Pacific, is a forward looking young man, . He writes his mother, Mrs. Grace Stewart, 3220 N. Illinois, to be sure to put birthday greetings for him in . What's
in Panama, and . We Jack Wesley Smith (1727
mortar birthday greetings. . . . from the folks. .
. « And
. And to 8. Sgt. Hawaii, April 26, from his
.+«. And to . And to Cpl. Arthur . And to Pvt.
. . And to Sgt. William
. And to Pfc,
sister. . . . And to T. Sgt. Italy, April 26, from the to Pvt. John FP. Barton,
&
May 15, from Mom, Dad
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
termination of tie war.
equipment with General Electric, it was disclosed at a television exhibition held here by the electrical manufacturing ‘company. The orders were made under General Electric's plan for the purchase of post-war television broadcasting equipment which will, according to the company, “help. prepare for an orderly transition from war-time to peace-time manufacturing- and help keep workers at their jobs.”
Has New Tube
General Electric also has taken other steps toward development of television after the war. Its engineers have invented, it was said, a revolutionary electronic tube, now widely used in war applications, that will make possible radio relaying of television and FM radio programs for quick post-war expansion of these services.
Installation of an ‘experimental “two-way” television relay network between New York and Schenectady, as soon as manpower and materials are available, is under planning now by General Electric and will involve four ultra-high frequency radio relay stations, allowing a complete
Incorporations
Hoover Laboratories, Ine., Alexandria: agent, Robert H. Malone, Alexandria; 4000 shares without par value; to manufacture metal, wood, rubber, leather, etc. products; Edward M. Hoover, Paul R. Diet. zen, Robert H. Malone, Milo M. Martin, Leslie A. Scrobham, Galen J. Hesler. Norways Sanatorium, Inc., Indianapolis; dissolution. Rainbo Express, Inc., 503 National Bank. bldg., South Bend: agent, A Harold Weber, same address; 1000 shares no par value; A. Harold Weber, Jack 8. Young, Walter R. Arnold. William R. Bartlett Corp., Citizens Bank bldg., Michigan City; agent, William R. Bartlett, same address; 1000 shares no par value; real estate and securities business; William R. Bartlett, Chester T. Glidden, Robert E. Glasscott, Ft. Wayne Wire Die, Inc, Ft. Wayne; dissolution. Donahy's Body Shop, Inc.,, Gary; dissolution. Kingsbury Employee Recreation Assn. Inc., LaPorte; dissolution. Capital Ice Refrigerating Co., Inc., Ine dianapolis; amendment changing number of directors to seven. Commercial Barge Lines, Inc., Evansville, amendment changing capital stock to 100 shares Class A common and 14,900 shares Class B common stock no par vaiue. Kokomo “Steel & Wire preliminary dissolution. Eleventh and Delaware Realty Corp, Indianapolis; amendment changing authorized capital stock to 100 shares of no par value and other amendments.
48-PASSENGER PLANE READIED FOR FLIGHT
SAN DIEGO, Cal, April 8 (U. P.). —Consolidated-Vultge Aircraft Corp. will put a 48-passenger commercial airliner in the air late this month, officials disclosed today. Known as model 39, the big ship is designed for post-war cruising at 250 miles an hour. A model of the ship is now in New York for exhibition, and the first flying model .of the plane will get off the ground before the first of the month,
Co., Kokomo,
Papers Order Television Stations for After War
NEW YORK, April 8 (U. P.).—Plans of the New York Daily News for post-war operation of a 40-kilowatt television station’ were revealed today with the announcement that the newspaper had placed with General Electric Co. an order for complete equipment, to be delivered after
The Chicago Tribune recently placed a similar order for television
PORKER PRICES
REMAIN STEADY
Trade Moderately Active With Day’s Top at © $13.90.
The hog market was moderately active today and about steady with yesterday's average at the Indianapolis stockyards, the office of distribution reported. The top was $13.90 for good to choice 200 to 210-pounders. Receipts included cattle 350, calves 50, hogs 1500 and sheep none.
GOOD TO CHOICE HOGS (1500) 120- 140 pounds .,[email protected]
interchange of programs between the two cities. G. E. has been relaying New York television programs to the upstate city for four years, Station Designed
General Electric plans to make new-type television receivers available to markets where television broadcast services now exist as soon as government authorization allows. Robert S. Peare, G. E.'s manager of broadcasting, said that the company’s television station WRGB in the last two years has broadcast 698 different programs in 31 different classifications, and through them have found “its prejudices and preferences.” : The Austin company exhibited a working mode] of television studios designed for the post-war broadcasting of regular commercial network programs with large studio audiences. Its engineers have developed a basic new building design for the studios, with a turntable stage and unique layout that make it possible to accommodate rapid changes of scene and audience without duplication of costly equipment.
DELAY PATENT SUITS UNTIL AFTER WAR
NEW YORK, April 8 (U. P.).— Patent infringement suits, brought by General Electric Co. in May, 1940, Products, Inc. (formerly Hygrade Sylvania Co.), have been deferred until after the war, in an intermediary decree issued here by Federal Judge Vincent Leibell in the southern district court. General Electric's suit alleged infrigement of the. so-called Spanner and Hull florescent lamp patents. Sylvania denied infrigement and filed a counter claim charging General Electric with infringent on the Fox, Lebel, Smith and MarsdenWheeler patents owned or controlled by Sylvania.
SOUTH BEND LATHE EARNINGS DECLINE
SOUTH BEND, Ind. April 8 (U. P.).—The South Bend Lathe Works reported today that net profits for the fiscal year ended Nov. 30, 1943, were $535,332, as compared with $754,012.99 in 1942, In the annual report to stockholders, the company announced that 1943 dividends of $3.50 a share were paid on the 120,000 shares of outstanding $5 par value common stock. The dividend for the previous year was $4.74.
Marvin Jewelers, Inc, 126 N. Michigan st., South Bend; agent, Paul Flower, 309 W. Marion st., South Bend; 800 shares no par value; Paul Flower, Celia Flower, Samuel Schulman.
LEND-LEASE AID INCREASES
“MUNITIONS _
MAR. - DEC. ’ $1,244,000,000 FOOD, INDUSTRIAL 7 / } 0S $947,000,000 | \ & SERVICES
$277,000,000
$11
, 733
. 000,000
$7,274,000,000
$4,459,000,000
against Sylvania Electric c
140- 160 pounds . [email protected] 160- 180 pounds , [email protected] 180- 200 pounds . « [email protected] 200- 220 pounds ... 3.854013.90 220- 240 pounds .... [email protected] 240~ 270. pounds [email protected] 270- 300 pounds 3.80 300+ 330 pounds . 13.80 330- 360 pounds 13.60 Medium— . 160- 220 pounds ...... weranes [email protected] Packing Sows Good to Choice— ! 270- 300 pounds .... . [email protected] 300- 330 pounds ... .. 13.156@13,28 330- 360 pounds . . [email protected] 360- 400 pounds ..ceeevesvees [email protected] 400- 450 POURAS «..evesrrse.. [email protected] 450- 500 pounds .....s. +. [email protected] Medium — 250- 450 pounds ......ev000n [email protected] Slaughter Pigs Medium and Good— 90- 120 pounds ......c.0v.un [email protected] CATTLE (350) Cholce~ Steers T00- 900 POUNAS ..cevvvveanes 15.75@1 900-1100 pounds ..cceseccecss 15.75@1 1100-1300 und sevens . 16.00916.75 1300-1500 pounds «s..eeeessss. [email protected] Good— 700- 900 pounds .....eseses.s [email protected] 900-1100 Pounds ..ceveresesss [email protected] 1100-1300 pounds ..... ceesnes « [email protected] 1300-1500 pounds . [email protected] 700-1100 pounds .....eeees-e. [email protected] 1100-1300 pounds ....ceeneee oo [email protected] Common — 700-1000 pounds ........ eeess [email protected] Heifers Choice 600- 800 pounds ......... cess [email protected] 800-1000 pounds ....eceseees [email protected] 600 "800 unds [email protected] "1000 po or rerarern 15.00
1300 1000 POUNdS .ieseseccses 14.00 reesensseses 12.00814.00 arta ernie [email protected]
Bulls (all weights) Beef Good (all weights)
sereenans [email protected] rr 008 vevasssrrprncrranians [email protected] oh Ceaser ateerrarane [email protected] Cutter and common ........ [email protected] Cows (all weights) GOOR. veviisrnssevapnrrsnuerse [email protected] Medium .........c.eceaurannes [email protected] Cutter and common ......... [email protected] CRONET sos ctrssrssvarkarrvers 6.25@ 1.75
CALVES (50) Vealers (all weights)
Good to choice : I Sales Common to medium .... 5.00 Cull (70 IDS. UP) .cuvveavncne g'85 Feeder and Stocker Cattle and cir Steers Cholce— 500- 800 pounds ...... sessaes [email protected] 00.1050 pounds ..e.eseesnsse 11.50913.00 Of — 500- 800 pounds ..eeeecssssces [email protected] 800-1050 Pounds ...esseeseses 10.50011.50
Medium
- Calves (heifers)
Good and Choice
500 pounds and down ....... [email protected] ediume-
500 pounds down ....... coven 5.25Q11.50
| SHEEP AND LAMBS (None) Ewes (shorn)
Good and choice. ............ 8.00@ 9.00 Common and medium........ 6.50@ 8.00 ' LAMBS Medium and choice .......... 15,[email protected] Medium and good............ 11.50@ 14.75 OIMIAON «vvovcvsrvorsnessras [email protected]
U. S. STATEMENT
WASHINGTON, April 8 (U. P.).—Government expenses and ° receipts for ,the current fiscal year through April 6, comwith & year ago:
This Year Last Year Expenses..... $70,604,415,546 $56,402,581,818 War Spend... 65,733,180,238 51,913,021,194 Receipts ... 32,304,546,903 15,064,017,840 Net Deficit... 38,209,856,093 41,332,101,128 Cash Bal. ... 15371329,132 3 166,172,387 Work. Bal.. 14,608,525,821 2,403,540,905 Public Debt 186,801,046,685 120,002,024,808 Gold Reserve 21,539,657,107 23,540,869 477
INDIANAPOLIS CLEARING HOUSE
Today Cleatings Ease rtestraiirarennurs $ 4,412,000 Debits ..... trtenieceiirrasseses 14,715,000 Week Clearings ..eeevenercnasnia, «r+ $23,571,000 Debits ....c.iiiiiiiriirinnianas 90,569,000
FOREIGN EXCHANGE
NEW YORK, April 8 (U. P.).—Following are noon cable rates on major currencies: England (registered pound), $4.02; Canada (dollar), 89c; Cuba (peso), Mexico (peso), 20.70c.
500-1 POUNdS .iscesscecnee. [email protected] Common-— 500- 900 pounds ......... wees 8.00@ 0.25 Calves (steers) Good and Choice— 500-1000 pOUDAS sevevsvcennss 11.75013.28 Medium— Ind 500- 900 pounds ,........u00 « 0.50Q@1LT8
81.00%; | 79¢;
Rich =
Andrew F, Howe knows what it's like to be a millionaire for a minute. The 67-year-old St. Louis inventor was awarded $1,958,240 in Springfield, Ill, federal court, in suit against Commonwealth SteelGeneral Castings Co. As court clerk handed him check, Judge Briggle read decree approving $794,038 fees for counsel and master of chancery. With mere $1,164,203, Howe returned to St. Louis, to await bad news from treasury income tax authorities. Tax might be 80 per cent, leaving him but $132,840.60 out of almost two million.
FUEL EXPERIMENT BILL IS APPROVED
WASHINGTON, April 8 (U. P). —An experimental synthetic fuel program to guard the nation against
post-war shortages was assured today following approval by President Roosevelt of a bill by Senator Joseph C. O'Mahoney (D. Wyo.) "Under the measure—which O'Mahoney said will “give the United States the jump on synthetic fuel development” — a total appropriation of $30,000,000 is authorized for use in construction of demonstration plants and experimental facilities. : Coal and other mineral substances will be tested in extensive experiments to be conducted by the bureau of mines in the department of the interior.
LOCAL ISSUES
Nominal quotations furnished by Indian. apolis securities dealers,
Agents Fin Cop com Agents Fin Jorp oa Beit R Stk Yds com . Belt R Se os 2d caren Sobbs-Merri Bobba-ertil i “* Circle Thea Comwlith ed S% pid. . Delta Elec oom Hook Drug Co com ........... 15 Homa T&L Pt Wayne 13 vie Sl Ind & Mich Elec 7% pid Ind Assn Te 5% % Jie 4 1nd Hydro Eleo % ptd.. Gen Serv Indpls PS & L Tine &
HH offered.”
*N Ind Pub Serv 8%. *N Ind Pub Serv 7%..... Pub Serv of Ind §% .... Pub Se
rv of Ind com...
. 5 Progress Laundry com ....... 14 16 80 Ind G & E 48% ....... +2103 Stokely Bao pr pf... 2 17% United Tel Co 5% vvavneeses 87 oo... nion Title com ..... an Van Camp Milk pf . Van Camp Milk com 16 BONDS Aligurs Wins'w W RB %% ...100 ..... American Loan 8s 51......... 97 100 American Loan 8s 46 ......... ” 101 t New: 428 44-51 9 is Ch of Com Bldg Co 4'%s 61... 82 85 Citizens Ind Tel 4%s 61 ......103 108 Consol Fin 60 . . 91 100 d Asso Tel Co 3%s 70 .108 cos Inapls P & L 2V%s og 109 Indpi: Raflwa 80 Indpls Water 101% 109 Kokomo Water Works u 58°..108 ..... Eubner Packing Co 4s 54 . 9 100 Morris 5 & 10 Stores 5s 50...101 ..... Muncie Water Works 5s 66 . -J0 yu Os N Inu I‘ub Serv 7% rene. 101% 103% ! Ind Te) 4%s 85 . .......... 8s 9! Pua Serr of Ind 3s kt) 04 105% 58 103 10. . 87 90 U 8 Mac esse 99 103
achine *Ex-afvidend,
WAGON WHEAT
Up to the close of the Chicago market today, EE ay flour mills and grain elevators paid $1.63 per bushel for No. 1} red wheat (other grades on their merits). 3 red oats,
rn, $1.08 per By i 0. 3 white Shelled & corn, $120
‘ You Can
REPAIR our
SATURDAY, APRIL 8 1944
‘BEAT-THE-TAX' * BUYING NOTED
Heavy | Pre-Easter Demand Also Aids in Boosting
Retail Sales.
NEW YORK, April 8 (U, P).— Heavy prea-Easter demand, coupled with last minute “beat-the-tax” buying, boosted country-wide retail sales 15 to 19 per cent in the week just ended, Dun & Bradstreet, Inc, reported today. The authority noted heavy consumer demand. for seasonal items and emphasized that “beat-the-tax” buying had “left stocks in some departments somewhat unbalanced.” Widest year-to-year gain in sales was noted in the southwest, where volume was up 21 per cent over 1943; on the Pacific coast the gain was 20 to 24 per cent; south, 19 to 22; east, 17 to 21; Middle West, 11 to 14; and New England, 9 to 13. In the northwest the gain was only 3 to 8 per cent,
New York Gain Large
(In Washington the federal reserve board reported nation-wide
week periods ended April 1 were up 31 and 19 per cent, respectively, over the correspondig periods last year) Asserting that no letup was seen in generally heavy demand for seasonal items, Dun & Bradstreet declared that “final pre-Easter consumer buying surged upward in most staples,” and that in New York city department stores have estimated their March volume to be the best for any month since January, 1942, and 23 per cent above March of last year. Demand for apparel continued unabated, with coat and suit business active and sales of children's clothing “about double those of last yedr.” Response to dresses in the latest week was described as “the best in many weeks” as accessories continued to sell well
Food Volume Up
Noting a “definite upward trend in the sales of draperies” Dun & Bradstreet said that sale of other household goods such as wallpaper and paint, small housefurnishings and smaller pieces of furniture sold well, Food volume was reported substantially increased, under spur of the approaching holidays. In the wholesale markets business was reported slow although volume was slightly larger than
“ in 1943, It was stated that while
shortages continue in most lines i “retailers are selective and are not taking up everything that is
Ti ORGANIZATION
AIDS GET ‘C’ CARDS
WASHINGTON, April 8 (U. P). —The office of price administration
08. 2 decided today that representatives
of farm organizations operating to increase food production are “essential” and therefore are entitled to as much gasoline as they need “to carry out the purposes of their organizations.” OPA said that to be eligible for
..| this preferred .gasoline status, persons must be full-time paid em--
ployees of a farm organization which
. iis chartered by the United States
or by a state and which has at least 100 members the majority of whom are farmers, Farm organization representatives {heretofore have been entitled only {to “B" gasoline ration books,
LOCAL PRODUCE nev breed hens, 23¢; Leghorn hens,
Broilers, fryers and roosters. . under # Ibs., 26¢. Leghorn springers, 3c. Old roosters, 16c. PegsCurrent receipts, 54 Ibs. and up, Graded s—Grade A Jarge, 2c; grade A meaiym, Sec; grade A small, Be no grade, 23c
Butter—No. 1, 50c. Butterfst — No. 49c; No. 32, 46c.
BUY a HOME REF / N AN CE Your present loan—
present home—with a
“FLETCHER AVENUE”
HOME LOAN
Larger Poraniage loans are now being made by this State Chartered institution—and a “Fletcher Avenue" loan is low
in cost. There are no loan commissions and each m P Syent REDUCES the interest. This saves you money. et
—
her Avenue" loan can be paid in full at any time with out penalty and with interest to date only. Convert your out-of-town loans, buy a home or repair your present one
with a LOCAL "Fletcher Avenue" home
Your Mortgage Is Kept HERE
PAYMENTS
Are Made HERE
Deal With LOCAL MEN BUY WAR BONDS AND STAMPS
retail sales for the week and four- °
2
SATURI
w Te
MRS. §
. engagement Gold of Nev
“Samuel J, G
The bri ~and she atte graduated f; York and he
os Miss Nanc dore Eaglehar ‘ a luncheon an
¢
“Mrs. Albert M:
.
ess for the pa The guest: *H. Englehart, Gayle B. Woli Jane Leasure, « bara Noel.
Mrs. Klein
MRS. GE( evening for tl Kappa Alpha | Each men Proceeds from given to the w Mrs. F. Sy she will be a H. Insley. : The hoste: by Mesdames . Robert G. Fi Meister, Howa: Others wi Gridley, Elain Julia Ann Art
Easter Parti
AMONG dinner parties Messrs. and mond W. Hel Schaefer, Rob: and Raymond Others ar P. Merriam, J ner M. Ray, § McCann, J. T. Brant and Pr and Mrs, Russ The club’ was held from . Miss Char the week-end the annual “cs The day's a dance recits
St. Pei Will | Unitin In a cand Evangelical Ia bride of T. 8 “read by the R
The bride and the bride
Office) ‘By Ch
The Cheer B has announce: _coming year. | is president; “Buck and Mn “first and sec Mrs. Robert NM ‘ Srader, recorc “ing secretarie Haugh, treasu The board © .Mesdames W Sacket, Merli Bishop and Jc The club lun p. m. Friday . William Leons « ton st. Mrs. ] lane will assi Cecil Vestal wi , hess meeting ~be from the , Clety for the (
Betty Is Ma
The Rev. [
> the vows at 11
ing in the ch Presbyterian Betty Jane Pi Scott. A reception bride's parent: ert R. Wolfe, followed the son of Mrs. Milford, Del, field. The bride w ly blue gabar cessories and a Luana Hill, ms Martha Nev wore matching dine with bl corsages of Rolland Gigue The couple 1565 Carrolltc wedding trip.
B. P. W. Symphon
The Indian Professional W the Indianapc directed by p. m. Thursda Miss Jean 8 the public affa in charge of during the d Security” will
wil parbapat
