Indianapolis Times, Indianapolis, Marion County, 11 April 1944 — Page 6
PAGE 6
USIN
chicks this spring. | As the adjoining charts show, egg and poultry prices are following the pattern of the first world war. Poul-
ESS r =o | F THE AMERICAN_PUBLIC SAVED COTTON MILLS :
Purdue Warns Egg Glut to End Soon, | — - Prices This Winter to Exceed "43's.
THE PRESENT EGG GLUT-WON'T LAST very long,! according to Purdue economists. Farmers are cutting down| their flocks, egg production will fall and prices will go higher than they did last fall and winter, they believe. Indiana started out this year with about 6 per cent more laying hens than at the start of 1943. Thus, egg production is booming. Prices fell and chicken feed cost so much in proportion to what the eggs brought that farmers culled their flocks heavily, sold many layers. they would, have kept otherwise and are raising about 17 per cent fewer
try prices have been higher this
time but egg, : prices haven't had as extreme seasonal ups and downs ‘mor have they gone as high as in 1919 when a dozen eggs cost 70 cents. Purdue expects chickens to cost more this year than last and says unless ceilings are raised, considerable poultry will move through “abnormal marketing channels” which 1s’ a polite phrase for black market. It predicts the same thing about eggs. However, this doesn't mean that poultrymea wil clean up big, Purdue warns. The margin of profit will be smaller than in recent years. Feed | supplies will still be tight. Therefore | regular culling to Keep Jow-produc-ing hens te a minimum and the use| of labor saving ideas and equipment] will be necessary to stay comfortably on the profit cide of the ledger. !
= 2 o STEWART - WARNER had to refund $11 million to the gov- | ernment after the renegotiators | got through looking over its 1942 | business, stockholders were informed today. Using that yard- | stick on last year's profits, Stew- | art-Warner believes it will end |
up with a $2 million profit, plus | dealings confined to purchases by another $1 million for post-war | local packers, the war food admin-| That would be $500,- | istration reported.
reserves. 000 more than '42's net.
= = » ODDS AND ENDS: The late Edsel Ford's Detroit home, a 20-room | affair on the Detroit river, has | been bought by the United Auto |
000 to be used for its medical regearch institute. . . . Wayne knit- | ting Mills of Ft. Wayne has
|
bought the Rogers Hosiery Co. of ) Mr, Yrirat | were Terre Haute, Bedford, ShelbyGOOD TG CHOICE HOGS (11,200) | . , y Athens, Ga., for about $1425000. | 150. 140 pounds ............. $11.25412.00 forces band from ta ica) Ville, Wabash, Brazil, Princeton, ... The last of 1200 triple-deck | 140- 160 pounds .....ccsue.s [email protected] Ft. Harrison will give a musical| oo oo Cotte Clinton, Martinstroop sleepers rolled off the Pull- | 180- 200 Pos r2rnevrees 13.004 13.30 program. W. H. Klett of Marmon-| Huntington and Sullivan. man-Standard Car Manufacturing | 200- 220 pounds 13.80 ~~ Herrington, Inc, foreign trade com-| "© oo rates as given by the Co. at Michigan City, Ind, four | 230- 270 Dn 13.80 | mittee chairman, will preside. The PSC were: : months after production started; | 370 3% POURAE oo i73% meeting is open to the public. Class A—First 40 kilowatt hours they were tigned out at a rate | 330- 360 AS snruveereees 13.60 | a 8 » . nex . ” e Lyn | Medium- {| L. H. Kerr of Johnson & Higgins, | at 5.5 cents: next 35 kwh. at 4 cents;
of 12 a day, three times as fast as | in peacetime. . . . A New Jersey aspirin manufacturer advertises his product in Colombia, South America, by having the name of
360- 400 pounds ...cecvensees [email protected] | i - the aspirin painted on the sides |Good— ~~ 12.000 13.05 Commerce Foreign Frade Separt |than 200 kwh at 2 cents Me + - S ceeevenencecs [email protected]) v i * of bulls used in bullfights. . . . E. | 450. 500 pounds ...eereeees: 12.85@ 13.00 | ment tomorrow evening In ropsey | Rural—First 40 kilowatt hours at| A. Nichol i - | Medium— {hall, Public library. Mr. Kerr will v . Nicholas, president of Farns | "250- 450 pounds ............. [email protected] discuss marine insurance |6.5 cents; next 35 kwh. at 45 cents; | worth Television & Radio Corp. | Slaughter Pigs | cs = 2 I next 125 kwh. at 3 cents and more §
of Ft. Wayne, sold 5000 common | pedtum and Good—
LL
Cents _. per doz EGGS i. |
°
se
8
wr lL Public Service Co. Agrees
HOG PRICES OFF 1070 30 CENTS
3000 Holdovers Expected
8 The Indianapolis hog market got| Juan Felipe Yriart, first secretary | » dominant off to a slow start today with early of |to a predominantly industrial state)
hogs held over.
to 30 cents lower than yesterday; nor Schricker will lighter weights were unchanged. extend greetings, Workers union (C. I. 0.) for $50,- | The top was $13.80 for good to and the Colonial { choice 190 to 330-pounders.
[2125 cattle, 500 calves and 50 sheep. school
160- 220 pounds .e.ivivescens
Good to Cholce— 270- 300 pounds ..e.eeennnnn 300- 330 pounds 330- 360 pounds
_ THE INDIANAPOLIS TIMES
IN BILLIONS LARS
WORK LONGER 48-Hour Week Ordered for
Industry by McNutt; Lack Manpower.
WASHINGTON, April 11 (U. P). ~The cotton textile industry was ordered today to go on a 48-hour working week to combat growing manpower shortages threatening the industry's 1944 production schedules. The order, announced by Manpower Chairman Paul V. McNutt, will become effective May 14 for workers employed at a mill in which any. portion of the industry is carried on and who devote more than half of their time to work in connection with the cotton textile industry. y Surveys conducted in Columbus, Ga., Spartansburg, S. C., and Dallas, Tex., where the industry is already on a 48-hour week, showed that the longer week can be expected. to increase production, and it has been approved by representatives of industry, the A. F. of L. and C. I. O. unions involved and the war production board, McNutt said. The cotton textile schedule for 1944 amounts to 11,000,700,000 yards of fabrics. Production in 1943 was slightly less than 10,000,0600,000 yards, and employment dropped from §08,000 in 1942 to about 450,000 at the end of 1943.
WORLD WAR T
SOURCE: SECURITIES AND EXCHANGE COMMISSION
GRAPHIC BY PICKS. N.Y aud
|
1939 ‘40 '4L "42 "43 ‘4
To $400,000 Rate Reduction
The Public Service Co. of Indiana, Inc., agreed today to slashing new rates effective next month which will save $400,000 annually for approximately 200,000 electric power users in 69 counties. George N. Beamer, public service commission chairman, said the new rates will be accomplished without protracted or expensive hearings.
By S. BURTON HEATH 2 NEA Staff Writer MUNCIE, Ind, April .11.—Middletown, the typical American city, is taking this war in’ stride—but not in a typical way: Middletown, of course, “is Muncie, selected as “typical” 20 years ago for a number of reasons which included a high degree of industrialization along variegated lines, Being industrial, Muncie of course is heels-over-head in the war. But she has kept her head, and when peace returns, her hangover will be light. In fact, far from being typical in this respect, Muncie is almost unique. ‘When war loomed, city leaders got together and did some long-range, realistic thinking. They decided not to go after new industries.
Local Industry Grew
While other cities, dreaming of vast new factories and influxes of worker hordes and floods of quick money, sént persuasive delegations to Washington, Middletown stood pat. It preferred to expand its established industries which, after the war, would be in a position to reconvert and continue in production here. Of course, if it develgped that completely new industries were needed for the betterment of the war effort, they would be accepted without protest. :
Cotton textiles is the fourth in-| dustry to be placed on the 48-hour week (which does not exclude the! overtime pay requirements of the wage-hour iaw) on a nation-wide, basis. Previous orders covered steel, |
|tutes one of the largest single volluntary reductions in the PSC's — { history. Beamer said that industrial users {would profit the most by the reSTEEL OUTPUT UP—The na-|qyction since they consume more ‘tion's steel mills in March produced than half the electric energy sold [the second largest tonnage of steel | by the company. However, he in the history of the industry and added that small users also would lin the first three months of 1944 benefit. turned out more ingots and steel “Indiana is now using more than | for castings than in any Otherig,,. times as much electric energy s quarter on record, but continues. i sed when world war I ended,” to be plagued by manpower short-ip A Gajlagher, company president, ages that are holding down Pro-|g,q «jts industrial production and duction, the American Iron & Steel empldyment are far ahead of those institute reported today. days, the state having changed #_# from a predominantly agricultural
1 17 ‘ver
1914 ‘1S ‘16 1939 ‘40 el
|He asserted that the savings consti-
mining and milling.
facturing or procesisng products
fabrics, bed
Top Falls to $13.80, Government ‘Floor.’
and cordage.
ne rian embassy Plana cei power has fumished Ls 2 : , . |the drive for change.” ing marking ob- * | Beamer indicated the possibility of further rate reductions in the commission's statement, saying that i “the door is left open for further x}: changes if business conditions and the level of operating costs warrant them within the next year or so.” |He also said it was a first move p in a general post-war planning { program. Included in the larger cities and {towns affected by the rate change
| servance of Pan|[American day It was expected there will be 3000 Thursday evening {in the World War
Weights over 160 pounds sold 10. memorial. Gover-
{chorus of George 11,200 hogs, Washington high and the
Receipts included
342d army service
: ins will be {next 125 kwh. at 2.5 cents, and more icago insurance firm, wil than 200 kwh. at 2 cents.
{speaker and discussion leader at | " y [email protected] | de clinic conducted Class B—First 40 kilowatt hours o the foreign trade at 6 cents; next 35 kwh. at 4 cents;
13.05@ 13.2 Indi lis Chamber of | by the Indianapolis Ch next 125 kwh. at 2.5 cents, and more
10.75@ 13.00 Packing Sows (Ch
{than 200 kwh. at 2 cents.
Muncieites also decided to pitch in and personally handle as much as possible of the greatly increased task. As a result, there has been an. astonishingly small numerical increase in population—with few of the transient mob problems which
lumbering and non-ferrous metal have plagued so many boomtowns. increase in checking accounts is
Before the pre-war defense boom
The cotton textile industry, under | began, Muncie had a population of | the order, includes all plants manu-'49,720, of whom 16,000 worked in|
factories. Now the population is
blankets, towels, diapers, face clcths,| Tennessee, most of whom stayed table “linens,” yarns, threads, twines here during the depression. They|is a typical American city—except | are helpirig to man Muncie’s war'that it has kept its head and re-
: hes your
cigarette taste
recruited from Indiana and neighboring Ohio, ¢ s Muncie is crowded, but the influx has been cared for, somehow, by doubling up. As a matter of policy there has been no wild building boom, nor has a single federal housing project been constructed to accommodate war workers.
One New Factory
The Chamber of Commerce has records of 52 general industries lo-
cated inside the city limits, of which, 22 employ from 100 to as many as,
3500 workers each. All are doing war work, most of them exclusively. Yet there is only one new industry of any consequence —a Goodyear plant which occupies the only gov-ernment-built factory in town. Payrolls have doubled—to a current figure of $650,000 a week. Money is being spent freely, but a lot of the war wages are being salted away in savings. Savings and time deposits in the two major banks have mounted from $2,663,500 at the end of 1941 to $5,400,000 now. Safe deposit boxes are all in use, with long waiting lists. More than $10,300,000 worth of Series E war bonds, the kind bought by savers, have been sold. The Merchants National bank and affiliated Merchants Trust Co. tell me that in spite of all the new mortgages they have been able to place, their net loans on mortgages have been reduced from $707,000 in March of 1940 to -under $417,000 now, exclusive of FHA, and C. C. Wingate, vice president of the national bank.. believes: that a sub-
|stantial portion of the $15,000,000
saved money. Prospects Bright Muncie has sent about 5500 men
containing more than 50 per cent estimated at 52,000, but about'25,000 and women into the uniformed | 20¢ by weight of cotton and/or cotton are employed in factories. waste. Such products include woven‘ In the late 20's there was an in- deaths reported by the war and sheets, pillowcases, | flux of workers from Kentucky and |navy departments.
services, and has had about 55
Muncie still is “Middletown,” still
~~ Muncie— Typical Middlet Overproduction in War, Sees Easy Shi
plants. Thousands more have been| fused to be:stampeded into an fll advised boom. nd
own'—Avoids
3 4 ; f ¥
I've looked over enough mush-
room cities to feel that Muncie has
been very wise. When peace returns she will not have hundreds of vacant shacks cluttering up her landscape; she will not have mag-* nificent government-built factories falling to pieces as somber reminders of vanished glories; she will have a minimum of jobless migrant workers to be supported out of a stricken municipal economy: she will not have a burdensome municipal debt contracted to finance temporary expansion. 3 Muncie is doing her full duty, in fighting men, serving women and factory production. But shé is dos ing it in such a way as to avoid a lot of headaches and heartaches inthe post-war future. $
GRAIN FUTURES TURN
LOWER AT CHICAGO
CHICAGO, April 11 (U, P)~— Grain futures ruled steady to easier on the Board of Trade today. At 11 a. m. wheat was unchanged to off % cent a bushel; oats off 1%: rye off % to %, and barley unchanged, He Wheat opened fractionally lower in a market influenced only slightly by the government crop report yes-, terday indicating a winter wheat crop above expectations and moderate farm stocks. Rye reacted to crop report futures showing corn stocks on farms were a little larger than had been antici pated.
LOCAL PRODUCE
Heavy breed hens 33¢c; Leghorn hens,
Broilers, fryers and roosters, under § Ibs., 26c. Leghorn springers, 23c. Old roosters, 16c. rent receipts, 54 ibe. and up,
Graded Grade A Me; A medium. He: grade AL charade
Bu No. S0c. Butterfat - oe N : No..2,
he
ss
|
* SQUI CLOTHING ¢ 35 Years in th
‘Always a $¢
Sb ———————
¥ d ps > Against such “abel direction
Lydia E. P
5.8
90- 120 pounds .............
CATTLE (2125) Steers
shares of his holdings of the company's stock last month, leav500, according to SEC.
Cholce— 700- 900 pounds 900-1100 pounds 1100-1300 pounds 1300-1500 pounds
AUDUBON GROUP TO MEET
... [email protected]! . [email protected] | ) . 16.00016.75 since 1931 will be started shortly
8501100 DISCUSS PERU BONDS—Dis-| wy bee” (03 the minimium
|cussion of plans for the resumption | 1.106 for both Class A and B were
lof service of Peru's external dollar : : t $1 1 {bonds which have been in default he Wills the WinIni Chsiee
"H mm Hea
The central district of the Indiana Audubon society will hold a
business meeting at 7 p. m. tomor- |
row in room: 217, Shortridge high | Medium— + 147501600] = x = | apolis securities dealers. pia Asked school. The group will hear Alex- ey Pounds RDO 8 Ng. FIRMS TO DISSOLVE—Plans fOr agents Pin Cop com ......... T%h «vue ander Sprunt Jr. of the national Common— 7 dissolution and liquidation of the Ageris Jia Or pid: os io Audubon society, present an illus-| ‘00-1000 pounds ............ [email protected] Mexican Petroleum Co. (California) | Belt R Stk Yds pid. ......0 83 ..... trated lecture on “A Naturalist Choice felfers and the Huasteca Petroleum Co. ZobbsNernil Wile pra "00 0 Afield, Afloat and Aloft.” | 600- 800 pounds . ........... [email protected] subsidiaries of Standard Oil Co. [Circle Theater com 46 PE | Goode? BOURES " eves, sre 15.00@1600 (Ng) are under consideration, | Berta Elec com’ pd. veeees 11% 3% MISUNDERSTANDS RED INK | 6-10 younds o.oo... 142081960 C. H. Lieb, president of both com- ion), 5% Whoa nota iw oo. NEW YORK, April 11 (U., P.).—!Medium— | panies, disclosed today in revealing Ind & Mich Elec 7% pid ....113 116% , 00- 600 pounds” ....eeeeeses [email protected] that the firms will receive $19,673,260 | [nd Asso Te §% pid 95
Salvatore Angeloni, proprietor of a%Common— Brooklyn retail meat market, said] 300- 900 pounds he thought the red-ink figures in| goer
1 1
8.000165 in Lima, Peru, the Foreign Bond-
“eee 147581575 holders Protective Council, Inc., an- . [email protected] {nounced today.
LOCAL ISSUES
Nominal quotations furnished by Indian-
00d —~ 700- 900 pounds .. 900-1100 pounds .. 00-1300 pounds .. 300-1500 pounds
Ind Hydro Elec Ind Gen Serv Indpls P & L pid ....
[email protected] in compensation for properties seized |
Bulls (all weights) |by Mexico in 1938.
»
[Smoke
as)
his ration bank accot y “Good (all w [email protected] | So on : int were Sree weights) ........ [email protected] . Indpls Water pfd reins credits, instead of overdrafts, and |™ gq [email protected] Indpis Water Class A com... 18 19 thus overdrew his ac A 08 Loins @12.0 N. Y S k Lancoln Loan Vo 5%% pfd... 93 97 640 ipl his accoun by 130-1) Sutter and common. Ll." Rg . . toc S uin-oln Nat Life Ins com... 34 38 40 meat points. A three-week sus-| mmon ........ [email protected] !P. R. Mallory 4%4% pfd. ...... 25% 27% pension was ordered ! Cows (all weights) Net |P R Mallory com ..... ...... Nn 22'% : per 1} as ra . Good ....... Ce . [email protected] | High Low Last Change{*N Ind Pub Serv 5'2% pfd. ...102'2 105'3 % : — Medium . on 10.00912.00 Allis-Chal cen 3 3 347s + oe *N Ind Pub Serv 6%. 105% ® | ter and common .... [email protected] | Am Can ...... 1 7 -_— *N Ind Pub Si Tuvan ¢ Check Itching | Canner Co 65 7.7% Am Loco il 17 17% 17% + + Pub Serv of Ind 5%... ; : CALVES (500) am 30 i 13 1814 1314 Pub Serv of Ind com .. . . i Am T & T 157% 157% 157% . Pp First Application! Vealers (all weights) {Am Tob B 62's 61% 8100 — ve eG AE ae r orm, Pimples, Scables, Toe | mon to medium ......... 9.0010 14.00 | . cn. “as A §la + “s United Tel Co 5% ...eeuess «97... r {cull (70 Ibs. up) h Armour & Co.. 37% 5's ole J 9g ccd on ONE APPLICATION of | . up Lol. 8.00@ 9.00 | Armour 67's 6634 672 % | Union, Title cam... n 7 AR OINTMENT. Repeat us| Feeder and Stocker Cattle and Calves |Atl Refining .. 20% 205 20%, nt | Van Camp Milk Ls ‘16 8 nature helps heal. Money back if | Steers Bald Loco ct . 10%, 19% 18% .... | an Camp Milk com 16 ar fails to satisfy. Try it today. | Cholce— Bendix Avn ... 36% 36 36 —_ BONDS I ——— 300- 800 pounds trevvnensneens [email protected]| Beth Steel ..... 582 Eh 28% — la Algers Wins'w W RR74%% ...100 ..... -1050 POUNAS eurerirarnss 11:[email protected]| Borden ....... 3075 307s 30% .... |American Loan Ss ol ~oe 97100 : TYPEWRITERS | God 200 pounds os0@1Ls Borg-Warner - 38% 36 Wh + 7 | American Loan 5s 46 hi » 101 | : - 800 pounds ..... veseness 10.50@11. ese Lo 35g 3 Re | Cent Newspapers 4'2s 44-51... 99 ..... REPAIRED | 800-1050 pounds 111i 10.50 1150 Ches & Onib.. 4514 43% i Z 42 Ch of Com Bldg Co 4%s 61. 82 85 | Ye If American - | Medium— urtiss-Wr . Sa Sig 2... Citizens Ind Tel 4's 61 103 | any make | 300-1000 pounds ...ueves ee. 925@l0S0) DoUBlas Alre . S04 BON AON |e so Tel Co 34s 70 1... 108 | NO \Y/ ime ( han c in taste ROW many wa) We loan you a typewrit | Common— u Pont . 5 5 ; {Ind Asso Tel Co 3'2s 70 1 i t besid while making renal | "500- 900 pounds ............. 8.00@ 9.25 Gen Electric .. 36 38% 35% - % | Inapls PEL Du 0 “i 0 aL 8 fat or ’ Calves (steers) Gen Foods .... 424 42 42% + Yo|indp: Railway Co 58 7 | t double the : Underwood Typewriter Co. Good and Cholce— Gen Jistors on Pa 88a S00 _ no. Water Work 5 8 .. i 2 : 00% more or , 00-100 ! . 8 453, 457s ° s 6s 68 . 5 and 1 25 E. Maryland © MA-1387 || 200-1000 pounds o.oo... [email protected] | Goodyear ..... 427s 42% 427s Ya | Eubner Jacking Co 4s M a eee ee in edium— { Greyhound C 201 201, 203 a, | Morris tores 5s ..101 . — . = - | 800- 800 pause tans [email protected] | Ind Rayon . Pt ih. ama — 3 | Muncte Water Works <8 oe 103% . A . ry | alves (heif | Int Harvester . 71 70% 1 een u ub Serv 3s 8 ........ ‘or 1 i ; iil AMA LC] VAN Good and Choice. eters Johns-Man ° 903% 907% nn — vi N Ind Tel 4Y28 65 . ..... 8% wl THERE'S NO WARTIME LOSS of taste or flav or in Raleigh GLORIOUS . . | 500 pounds end down ...... [email protected] Kennecott... 31% 31% 31% + % | bun Tei ate 3p as ell do : i id i li f DIAMOND RINGS | 4" mer som 0 Kroger Gam’ L340 TN 940 1 RR TSG we sss Cigarettes. .. because Raleighs laid in ample supplies o $ 2 pes pounds down [email protected] J oekheed Aircft 1614 1614 16%4 — 1g | Trac Term Corp 5s 57......... 87 90 . : 14 re ASY | SHEEP AND LAMBS (50) | Loew's. 61 61%: 617s + wl Y 8 Machine Corp 8s 53... 99 102 the finest field-ripened tobaccos . . . before the war. up TERMS! || . [Marshall Fld . 14% 14's 14Y% — la] vice RITES] Coot one conn ods i oh ght A : } Good and choice 8 00@ 9.00 Nash-Kelv 12% 12% 12% .... ED h b i ht more Common and medium... . d Nat Biscuit 21% 21's 21g — 3 NOW FULLY-AGED AND MELLOWED, these brighter, J. RCE Ass 8.50% BON Central . 19% 18% 19% + 3a v ' 3 1 Tl : [Ohio O11 .... 19% 18% 19% — ! i 4 i . - Medium and choice .......... 15.25@16 5 | Packard vp ree as 4 * 4 ¢ .. * i golden tobaccos bring you a genuine Pre was P easure Medium ‘and good ....... CBA pan Am Air 310 31 3 wh x ; Tas: ; l | Common - 900@1125 PemRey _....... gu ams 28s ol ; smoke... without harsh icritants... without loss of taste. { — | Ehelps Dodge. 21% 21's 21% rT. ' : { | Procter G.. 54% H4l3 543% ... i { . | Henry Ford /l | Pullman ©... an ain die | FRESHER, TOO... because Raleighs are protected two Phew 9 a Caen | Republic Stl . 16% 16% 16% .... . ’ i i agent; {Reyn Tob B ... 30 30 30 .... ways: (1 the world’s best pre-war moistening gent; Is Promoted |Schenley Dist’ ava 82 Ban + +. @ single Insurance $e ys: (1) by P : | Sears Roebuck. 883 883 3 ; { ; 1 1, i i Ent td ty id EE we roe vou fon and (2) by Raleigh's exclusive inner wrapper 4 { Sou Pac ..... 303 295 30% TARR 3 SEIROIT, April 11 (U.P).— |Std Brands We 00 We Fl] common hoz env al 36% 36'z 36% Ya | Be Ford II, 26, son of the late |siG on tnd... 33 = 33% 33 T ul BURGLARY « THEFT FIRE sel Ford, was one step closer 34 ont N J... 53% 531, 53% .... | * xs {Texas Co ...... 47% 47Y 47% .... | . i 1 utual today to presidency of the Ford |aoth Ce i-Fox. 26 23% 23% .... |&f © A Ome Deslens Mat Motor Co. after his election as {US Rubber ... 41 463 41 + W 1icy on Household Furniture i 2 eel ..... Ye be — . executive vice president. | Warner Bros .. 123 12% Yue a and Personal Effects, plas cov The announcement was released | yesun Elo --. §80s 90% 8h + 1 erage on your luggage sod | ow - cen ‘a 'Y | Josteraey ater a meeting of the [Zenith Rad ... 36% 36% 38%a — wearing apparel while you are | board of directors, placing-young EY EATER RE ERT + | Ford second in authority only. to | U. S. STATEMENT waving: Fi | Henry Fora | Sarot LPO EL and pin Mtoe ho i Announcement of the promotion current. fiseal year through April 8, com- | came with a release revealing the °*™*% “7 ® YL MP0 | X : { This Year. Last Year, resignation of Joseph Galamb, in | Sxpenses . ¥11.246,733, 14 § 813,052, ; i | War I . 66,341, 52,290,554,7 t Sarge body engineering Receipts _.... SETI 1810431: 129 remin me: | Net deficit .. 38,609,724,221 41,615,277, LB ET G or the past 16 years. | cuqn “balance. .14.970.111,602 3.148.712 ‘2% | DE Yl ERS : N . Gregorie, who was proms | Working Dal. 14207300805 2.386.104.648 5 Kaladi ls nent in body design under Edsel | Boos rcevve 31 530.136.167 22.540.305 305 |
803,100; 1
Ford, was named to succeed Gal- - eo, amb, Salambs resignation was INDNANAPOLIS