Indianapolis Times, Indianapolis, Marion County, 25 April 1944 — Page 8

WE-ARE NOURISHING

effect of. studies by economists.

‘Most civilians believe they are “sacrificing” some of {heir customary living standards because of the war, whereas, according to two Cornell university economists, the aver-

age American is eating better the war.

man making $3600 a year In cl It may seem unbelievable that al pation can fight such a war as this | and still live better, that we could | have both guns and more butter, yet F. A. Harper | and W.M. Curtiss |

mighty convincing

figures. The aver-| weekly pay-check

is B80 % bigger than ingfl939 (labor department figures) whereas the cost of living (bureau of labor statistics figures) is upeonly 24% from 1939. Back in 1939, they say, the typical family spent 87c of each income dollar “for ‘goods and services, paid -4'z0- in. taxes, and i 3 a To “ * the 1939 incéfe dd¥ar had risen to. $190. Of this $1.26 was spent on

goods and services, 21¢ for taxes and |

52c saved, To prove the abundance of goods they point out that retail sales amounted to $42 billion in 1939 but climbed constantly and are expected to hit $66.2 billion this year. As to money spent on services: Railroad and bus travel is booming, hotels are full, new box office records are made by theaters, etc. » ” » NATURALLY, this increase in living standards does not hold true for the white-collar worker whose salary is frozen nor the high-income persons’ whose taxes are taking bigger slices each year. It applies to the average wage earner. How is this country able to do this? We are producing more food because farmers have had good crop weather, have worked longer hours. We have more non-food goods and. services because more people are working (a 44 per cent increase since 1939), and because we are living partly off of inventories, that is, surpluses built up in previous years. Now, as to the real income of a soldier vs, civilian. The authority . for this, Malvern Hall Tillitt, grants the soldier's sacrifice in leaving home and his hardships in the army, but in talking only about income, he maintains the soldier has the better of it. s 8 = A BUCK PRIVATE makes $50 a month in the U. S., or $600 a year. ring. he is the average, he spends $1.50 for laundry, $1.50 for pressing and cleaning uniforms, $1.40 for movies, $3 for tobacco, 60 cents for soap, tooth paste and razor blades, $6 for other incidentals and gets two 50-cent haircuts a month. That adds up to $15

& month or $180 a year, leaving him |

with $420 left over.

Compare that with the single

Fo Civilians Better Off Than Before War; Private ‘Earns’ More Than $3600 a Year

the war on our pocketbooks, according to recent

And most of us believe that when a person goes into the army or navy, leaving a good +1ob, his income is cut drastically whereas, according to vate, unmarried, actually has a greater income than a single

xo 10 ADD GAPITAL

age wage earners Stock

from the factory

ved. ne preferred alors, berEl FERRI

THE INDIANAPOLIS TIME

CITY RAIL

BUDROW— TWO ILLUSIONS about the

and buying more than before

Barron's, a buck pri-

vilian life.

AMERICAN NAT'L

{ow prices Have AFFECTED THE FARM

| J |

Dividend, Retirement of Preferred Planned By Directors. |

{

“OW ea : tie : RAMEN A AMARA AIC ANBEAN 100 SOMES PIA GOR: FIT S L $ 7000 M Rn d T d y - PRO 7000 More Received loda FH WC —_— More thin 8000 hogs were ‘held fa (heifers) A over at the Indianapolis stockyards | Good and Choice— SE 500 saseses £ i pe Increased Expenses More today trom Josterday and 7000 Asari saé dove Rug» Revokes Order Freezing . — LY re arrived morning, the war pounds down .......ee-.. 8 dom Than Offset $1,500,000 [food administration reported, ~~ |: SHEEP AND LAMBS (100) Civilian Goods Work; — 7 ~Prices were generally steady ex- EW (shorn) C d choice ............ J 3 WITH EVERY DOLLAR HE WAS ABLE TO BUY IN Gain in Revenues. cept for a few hogs weighing more |Common and media ....... 6308 15 Seeks New Plan. THE FARMER RECEIVED NON-AGRICULTURAL ‘ than 350 pounds which sold 15 8 : FOR HIS PR VICES Indianapolis RallWays today re-|cents lower than yesterday. Re-| Medium and choice .......... 1s.25@183s| WASHINGTON, April 25 (U. P. Te |ported that despite a $1,500,000 in-| cepts also included 2000 cattle, 600 | Gammon 0, 800% mene 1158001438 |—War Production Chief Donald M. TST |crease in revenues last year, its net| calves and 100 sheep. CT ——— “| Nelson went to work today on a aged declined approximately| coop 10 CHOICE HOGS (1000) | LOCAL ISSUES new program to allow small busiole | $100,000. : 120- 140 pounds .... [email protected] | o Nominal quotations furnished by Indian- ness to return gradually to the ° : | Net income was $155.875 compared | 1305 13 bounds SIFT IPOS SSSUiiuty dealers manufacture of civilian goods as [os , 180- 200 pounds [email protected] | Agents Pin Cop com ... N v y ps with $253,095 in 1942. 1 2% bounds jigs fients Bin Cop id. war orders taper off. of i 2 Saar ’ Yds com The local transit company 3 138 Belt R Stk Yds pid At the same time, a senate small - pointed out that ils operating ex- 13.05 Bobhs-Meril som usin ittee called UnderTek | penses alone last year of $4,830,000 112.90 Bonbs-Mern iI AV pid : b ess subcomm ca - | were larger than gross revenues for |Medium— [email protected] | Comwith Loan 5% pfd secretary €¢ War Robert P. Patterthe pre-war year of 1938, “a situa- 160- 220 pounds ............ + 10.0001. Delta om pe 1 son and Undersecretary of Navy IRKY tion that must be corrected in post-| Choy us Som | Heme Te Era a 0" jiai4| James V. Forrestal as the first wit|war years when our revenues decline| 270- 300 pounds ............. 12'[email protected] | Ind Asso Tel 5% pfd ........10 : lain administration ah D.% PREARH : WE to normal peacetime levels, either| 300- 330 pounds Ii......l.... [email protected] | Ind Hydro Elec 7% ptd . 92 nesses to explain a o 3 Aenean cRAPEIC BY PIER.S. ©) by a decrease in wage And material| 380- $00 pounds ......e ne... 12.09 12.20 Indvis P & L pid ©. 111 ‘| plans for preserving small business | costs, or a fare increase, or both.” | Ge04Z, odisis am ie in the reconversion period. Nelson ox a 450- 500 rar; "10 | Indpls Water pid ............ will testify tomorrow. ° Denied New Busses Moai pounds [email protected] | oP + Water Pe wen ie The ik chief. an avowed chamoal Miners Accustome ¢ sn hat on three oe.| HB Pou soars Jo at Lie come 148" I The report s ree oc- Slaughter Pigs Lincoln Loan Co 5%% pfd.... 93 97 [pion of the small businessman, yescasions last year the company tried | medium ana BR Mallory 4%a% pid ho 3% 3|terday scrapped a two-week old ° oy Ito secure busses “for our inadequate| 90- 120 pounds ............. [email protected] | P_R. Mallory com ..... ..... 21% 32% |WPB decision, made during his abOo azar S oO Oo S mn I fs ana rapidly depreciating fleet” but CATTLE (2000) EN Ie EE au. 2 sence, which froze all civilian pro|that the office of defense transpor- Chole Steers 1 [ok nd Pub Sery ™ 118 |duction at present levels in tight By FRED W. PERKINS tation, which controls such ration-| gaa; 00 Pounds . oT jue Pub Serv of Ind com .......... 151 17 {labor areas. The order had been Scripps-Howard Staff Writer ling, refused all three requests “on 1100-130 pounds ve "ee 18.00016.50 Pivgress Sing i . wir 18 18 denounced in congress as a threat ETOWN. W. Va. April 25.—It was too late to catch the “man [the grounds that the situation in|Gooa— pune seecer 16.00@16:50 1 giovely Bres pr pt 16% 17% |to the continued existence of small PAG , » Ap | Indianapolis was not critical enough 100- 800 pounds [email protected] | United Tel Co 5c +B rms . 12 1 i ul . . 4 B e © a . " We traversed and doubled back on what [to warrant sending any new equip- | 1100-1300 Ds 7016.00 van Camp Milk pf .. AERO Irked by Decision 300-1500 pounds [email protected] | Van Camp Milk com ......... 15 17

tional bank of Indianapolis will! started out with me afoot. vote May 5 on proposals | the bank’s common capital from | were plain as city streets. $1,000,000 to $2,000,000, pay a 33% |e stock dividend, retire outstanding tne mountain “slopes above. stock and . change . the} We slogged in total darkness James S. Rogan, president, saidiyains have been heavy hereabouts the plan, which has received the| and entered a “break through” or approval of directors and the cludes ies in which ahead there was

| troller ‘of the currency, includes| quite: a racket and about a dozen | four separate proposals, all of which right lights moving around. They must be approved by & two-thirds gee the electric lamps on miners’ vote of the shareholders to make caps. any of the proposals effective. The] We approached and George called proposals are: lout, “Be careful!” Increase in the common stock| pap came an answering hail, | from 100,000 shares of $10 par value up. oorefy]r” . |to 133,333% shares through the] ’ | declaration of ‘a 33% per cent divi-| Means ‘Hello’

|dend payable in common stock tO, a core of times that day I

| shareholders of record the day of Re meeting; ord 25 of heard that salutation and that re- : . ply. It is the miner's underground | $725,000 to Be Retired |way of saying hello or good morn- | A further ing. It doesn’t mean there is any

increase in common . : i 1 _| particular danger at the moment, {stock from 133,333% shares to 200, ‘but it does recognize the perpetu-

0 ares of 11) ros value Ol amer. ally hazardous nature of the miner's 66,6662; shares at $13.50 per share, way of making 8 Jiving. ey | aggregating $900,000. The holders The crew of 13 men. we visited lof the outstanding common stock frst, Were working in the “high lat the time of the shareholders’ coal” that is characteristic of the | meeting would have the pre-emp- Pocahontas region. The vein right tive right to purchase the additional | LD€T® Was eight, feet from top to | common stock in the ratio of two- bottom, and about 15 feet wide. thirds of a share for each one share There was none of the crawling and then held; . working on hands and knees that Retirement of all the outstand-|iS necessary in the “thin seam” ing preferred stock owned by the |MiDes. Reconstruction Finance Corp. in The first operation was cutting a the amount of $725,000 out of an| Xerf” toward the bottom-of the original issue of $1,800,000; seam. This is a hole eight feet Adoption of a simplified set of |9¢€P and six inches high, that runs new articles of association, which |8ll the way across the seam. It will contain no reference to pre- gives room “for what comes next. ferred stock or preferred stock re- | 10 cutting formerly was done by strictions on the payment of divi- hand, with picks and shovels. Now it is done by a monster machine

dends on common stock. o that in the darkness looks like one Plan 6% Dividend of the giant prehistoric creatures

The bank's accompanying letter Of the ages when the earth's procto shareholders states that in view esses were creating coal. of the current rates of earnings and | ‘Retreat’ Dangerous future prospects, it is the intention of the board of directors to in augurate an annual dividend of 6 per cent on the par value of the stock. Mr. Rogan said the requirements for such a dividend basi would be $120,000 annually, or approximately one-third of the bank's net earnings for 1943.

After the cutting machine has {cut, the dynamite men moved in and charged several holes, small | but eight feet deep, that had been | driven by an electric drill into the | face of the coal. Then we retired

Stockholders of American Na-'o... y40 the coal mine, so George Richardson, the general foreman,

to double | seemed to be endless af® confusing underground passages, but to him He knew to a foot how much coal was on

side of us, how much rock was over us, how many yards it was to

LB WRENN PS 7g

{ment to us.”

327 passengers in 1943 compared with 95,835,224 riders in 1942. Gross revenue was $7,537,420 compared

to a safe distance, a~réner shouted \ e..conll

came - down. Then the loading machine was mo%ed up, and it pegan to claw inté the loose coal and

against $3,682,784 in 1942, Wage costs of $3,069,664 were 31.7 per cent

$1,021,178 compared with $941,759 for 1942.

Atlacks “Original Cost”

ting, dynamiting and loading, mostly by machine. Every few minutes an explosion would echo through the corridors from some other part of the mine. The advance into the coal continues all day and most of the night—eight feet of the vein at each take, about 35 tons, on a

Vehicle miles operated rose to 17.757.045 miles and gasoline bought for busses amounted to 1,356,869 gallons. The company bought 48,+ {number of fronts. { 698,000 kilowatt hours of electric That was the advance. Later we Power to operate trackless trolleys saw the “retreat,” in which the|and street cars. miners retire toward the outdoors| Use of the Traction Terminal staafter “bombing” all the coal they | tion, which is leased and operated safely can in the advance. In the|by the company, was. increased by retreat they take most of the re- 2,070,000 passengers for a total of mainder, and because of the pres- 7,263,204 passengers. The track resures they unloose in the mountain | moval program, begun in 1943, was it becomes a grim game of keeping completed at a cost to the comahead of the squeezing and falling | pany of $25.323. rock. It seemed the most danger-| In discussing public utility ous part of mining, but to miners | valution theories, President Harry it appeared to be the most inter- | Reid said when the “so-called; esting. original cost theory is applied Hear It Move’ strictly no adjustment is allowed ! ; for changes in the purchasing power | We looked at an area in which of the dollar. This theory may be mine timbers were already twisted Muse by the Saat that if you and shattered from the great weight Spen in lity hi pasyg property above and at the sides, no longer now take $200 to buy the same held off by the coal. property (due to a decline in the “Listen,” sald George. value of the dollar) you would only hear it move.” be allowed to earn enough to reIt was true. There was a faint and {turn not the dollars to replace the unearthly sound somewhere in that |property, but only the $100 original mass of rock. To a layman it|cost which obviously would buy only seemed the roof might come crash- one-half of the property. Similarly, ing down at any moment, but|your rate of return would be not on

“You can

The system transported 118907,- Mea

pounds 1100-1300 pounds Common— 700-1000 pounds

ss binw$61028826 inobhe. DESIOUS FRAT. CRORE. = Sperattig Are re sn ae Bs

Good—

Medium--

convey it backward to waiting cars. above 1942. Depression sod re- 500-600 pounds eens [email protected] After that there was more cut-|tirement costs were Tea OC ra OUDS oe eesesness. [email protected]

500- 900 ' Bulls

Cows

Good

Good to choice Cull (70 lbs. up)

50 800-1050 pounds Good— 500- 800 pounds

Medium— 500-1000 pounds Common 500- 900 pounds

500-1000 pounds Medivm— 500- 900 pounds

600- 800 pounds ...:... veges [email protected] 800-1000 DOUNGS ...vevaerser. [email protected]

Beef— Good (all weights) ......... [email protected] Sausage— eure ane en aen Ver ivives [email protected] Medium ' .........cc0000nene [email protected] Cutter and common ....... [email protected]

CALVES (600) Vealers (all weights)

Common to medium .

Feeder and Stocker Cattle and Calves

800-1050 pounds ...

~ Calves Good and Cholce—

8000 Hogs Held Over Here;

cesenesinenns [email protected] sevens cesses [email protected]

REE veer [email protected]

PEGI

(all weights)

1all weights) ; [email protected] [email protected] 7.75@ 9.75 6.35@ 1.75

SL. 6.000 9.50

Steers

seesasesnsaes [email protected] ceessssansess 11.50013.00

savessvenesss [email protected] essences 10.50011.50

cessscascecss [email protected] 8.000 9.2%

RARE TAY

One immediate effect of the ac.ltion had been a curtailment of the 1944 electric flatiron production pro.|gram from 2,000,000 to ‘200,000 units. Nelson hopes to find a way to meet

BONDS

Algers Wins'w W RR 4%% ... American Loan 58 51 ......... American Loan 5s 46 ... or Cent Newspapers 42s 44-51... Ch of Com Bldg Co 4s 61 Citizens ang Te 41s 61 SE CB TTP 7 PTO: ” Indpls P & L 3%s 70 .... Indpls Railway Co 5s 67 '..... 7 Indpls Water Co 3%s 68 .... Kokomo Water Works 5s 58 .. Kubner Packing Co 4s 54 ..... Morris § & 10 Store 5s 50 .... Muncie Water Works 5s 66 ...105 N Ind Pub Serv 3s 13 N Ind Tel 42s 55 Pub Serv of Ind 3% Pub Tel 4%s 55 . .. Richmond Water Wks Trac Term Corp 5s 57 . . U 8 Machine Corp 5s 52...... *Ex-dividend.

al goal, Gr Rp mets “Nelson explatriea Al > catiténimg the order that a new policy would .. | be drawn up which would be less arwo.‘ bitrary sand would implement his ....|annéunced plan of allowing manu103% facture of civilian goods where it 105% | does not interfere with war work. 103 | «rt is not an easy problem to

8s 57... would continue to confer with pro- | { duction and manpower officials in i

‘BUSINESS AT A GLANCE an effort to evolve a workable pro-

Arkansas Natural Gas Corp. and| Senator Thomas Stewart (D. subsidiaries; 1943 net income $2-|Tenn), chairman of the subcom-

stock vs. $3,181,195 or $1.45 in 1942. ry (R. Neb.), a committee member, Cutler-Hammer, Inc; quarter had written Nelson that the freeze ended March 31, net profit $471,931 | on civilian production appeared to or 72 cents a share vs. $2,196,663 or | be “arbitrary.” 81 cents year before. Nelson, it was learned, shared the Towa-Illinois Gas & Electric Co.;| committee's feelings and was said 12 months ended March 31, net in-|to have been irked to.learn of the

‘previous 12 months. | 10-day vacation last week. Marion Steam Shovel Co.; quar- | In requesting. the revocation,

(steers)

ves [email protected] [email protected]®

seseveneiy

ter ended March 31, net profit! Stewart and Wherry argued that {$123,458 or $4.76 a share on $7 pre- | small plants cannot be kept idle un- | ferred stock vs. $91,245 or $3.45 year til larger competitors are ready to before. begin civilian production.

George said that wouldn't happen the amount of money it would take for about 12 hours. Meanwhile all to replace the property, but on only the men and machinery would be one-half of that amount, Thus the | moved to safety. {utility investor would get back only | There was no fear evident among his original dollars which might at |the minérs. They are in the presence (the time be greatly depreciation in |of possible death, unless it is foiled |value and which might buy much and held off by science and skill, day after day and year after year. |Many families through generations | | know no other occupation.

put them in the utility investment.”

Like Their Work i

less than they would buy when he|

‘LOCAL OPTICAL FIRM |

| |" war soNDS "AND STAMPS

"Lot's All Back The Attack— ° BUY EXTRA WAR BONDS!

They give their lives—you only loan your money! This can be the year of victory. Our boys are moving in for the kill. Let’s back them up with everything we've got. And remember, lending your money to Uncle Sam is the

eLson scenes [8 ‘STOP MANDATE (8

ROEHL IS IN NORT Pvt. Henry

eight months

813,670 or $1.28 a share on preferred | mittee, and Senator Kenneth Wher-

come $2,532,608.37 vs. $3,212,123.65 decision when he returned from his

man, a civilian earning $3600 a N Y S OR ‘EF’ year. He must pay for his food,| Mr Rogan stated that if the ° . tocks Miners like their work, for one WINS STAR F E safest investment in the housing and medical care—expenses b 2" ° approved by the stockhold- | reason, because the temperature is| The Continental Optical Co., 1402 which the private gets without| 'S ransteraple subscription war- Net |always pleasant down below—be- N. Capitol ave. has received a white charge. Living costs for him take| 55 © Fereng the rights of} High Low Last Change |iueen g0 and 70 degrees. There iS star for its “E” flag. signifying con$2508 a vear, leaving $1092, out of shareholders to subscribe to the new | Allis-Chal ..... 33% 33% 33% + 1a on ey : g. signlly 8 eal, ' tock 1 t Am Can ...... 833, 83% 83%a — 1s |no buffeting of storms, snow or rain. tinued excellence in war producwhich comes taxes that cut it down stock in proportion to their then) am Loco ...... 16's 15% 16's + %|Byt there must be more rea ONS | 45m Avis ” p to $343 or $17 less than the pri-|0dings will be mailed to stock- Am Rad £85: i 3 3 lihan that why 3 Jeasons {ulon during the six months since J = ates ‘met incomes Mr. Tillitt| holders immediately after the am Rol MU 5s 151. 157 +h hair ab w y men fe ners, and wag awarded the pennant itself. ) bases these figures on those com- | Stockholders’ meeting. The war- Am Water wo. $8 S61, $s + i ‘ or = id Cecil Cla ka The company has furnished ie piled by the house ways and means |." will be good for a period of Anaconda _.... 25% 2312 25'3 .... guess,” said Cecil Clark, a high army and navy with more than 50 € ys 130 davs after th : Armour & Co .. 5 4's 47s — va|school graduate who is a section!gier ; ; ys after the date of mailing, 2!" y sa — ifferent optical elements, including committee when it was writing the| . . Atchison ...... 64'2 63% 64% + a|foreman, “it just gets in your! present tax law. which is expected to be around Atl Refining ... 30 Wa Wa el » St 8 YOUr those for hombsights, gunsights, For the married man in service, May 5. Any new stock unsubscribed Bendix Avn 3413 341s 34a ee Other men said they had tank sights, binoculars, aerial camthe comparison is not as favorable hd the shareholders will be acquired | Beth Reel 3012 301s 30 — le|tried any other kind of work, and | C2" submarines and other prech 'I by a group of security houses which | -Wsarner .. : EE T= OTK, sion instruments | Borg-W .. 36Ys 36 36/ ... nts. but Mr. Tillitt concludes that the) as underwritten the entire new | Celanese +... 32°" 31% 31'a + 1|had on desire to do so. One man average-sized family whose bread- |; 0 f 66.6662 |Ches & Ohio .. 442 44 = 442 + 'a|remarked there might be a sense of r { " winner is in the army or navy can, | Of 66666% shares, | Onryees Sons 8a 8's — I ladventure in it, and (he apol DIVIDENDS UP 75 Match cash from his pay allotment and the gov- |, oc certificates for the new GutiWe Si 3. bo jadvenie dn KA a ogized | dividend payments rose 7 per cent Istock and also for the stock divi- >t aa ' i ;* for being sentimental) a thrill in| apov ) ernment allotment, have a standard | . Ck divi-|Gen Electric .. 35% 35 35h + 4 . above a year ago to $354,900,000 ’ |dend will be combined and mailed | Gen Foods “... 4lls 41 41 .... |standing every day, with the ad-|under the lead i . 1 \ | e ) , ey J nde e leadership of the manu of living comparable with those ci lto stockhold . Gen Motors ... 56'z 55% 56'% + alyaneing coal, where no I i i Cian families earning from $1600 t Stockholders upon completion of |Goodrich ..... 53% 42 42% — ha g ' e human | facturing industry. First quarter to $3400 a year. the capital adjustment plan in the Goody ard cp in Ha dh + Ys being had ever stood before. dividends ran 2 per cent above those early part of June. “ |Int Harvester . 68 6774 68 .... You must remember” Georgelof the corresponding year ago ee The bank's latest published state- |Johns-Man 88's 88 88% + Y% Richardson said, as we stood close |period | Kennecott .... 30% 30% 30% “hi : ment, as of April 13;-revealed total Kroger G&B .. 3¢ 33% 33% to the restless rock, “this mountain . “3 capital funds of $3900000. which [LOF,GIs%, 47% 41, 41. — lis not dead. It is always on the| Skilsaw, Inc: 1943 net Income To kop from com; $ { 0) 0 0 included preferred stock in the sum [Loews ........ 50% 39 50 © — is|/move. You can't depend upon it) $272. 684 or $2.38 a share vs. $225,-|, ni ely exhausting our su ply of of $725,000. Under the proposed Mare W i . 3 1 ba 13% — is being static or inanimate. We have | 92 or $1.99 in 1942. jul & illard we are dist utin ’ tomar We hropused Nom en ol th ify i =: to watch it, study it, keep a finger acon w it in smaller quantities. Please or capital from $1,000,000 to $2,000,- |Nat Distillers . 31's 31 31's + 3500 its pulse” ) py * by go bi ,000, ,000, San 3 HR Ye to the d going = bit easy on your supply too. \ FIRE 000, there would be no preferred |N ¥ Central. 17% 1154 17% T 3 Outside, I took leave of the mine today, Indianapolis four milly Sad grain y *Uni l : » py » stock in a capital structure that will { Packard ...... 3% 37 37 .... |foreman. Ted wheat (other o des pig BY, mia y fine since 1869 NCE exceed $4,000,000. am Air 29s 29° 29's Fh “Be careful” said George. He |No. 2 white ihe gra es on helt Merits} 90.4 Proof—Also Available in Bottled-in-Bond, 100 Proof INSUR Penney R Cees as 2 ans — Yl eant goodbye 79¢, No. 3 yellow shelled corn, $1.06 per FRED A. BECK CO., Distributors, Indianapolis, Indiana ; U. S. STATEMENT Phelps Dodge . 20% 20a 20% — : bushel and No. 2 white shelled corn, $1.24.] & D ¥ WASHINGTON : = } Procter & G .. 83 5 53 eee ON HOUSEHOL ernment expenses an Receipts for Che | Pure OI 10 13a Tov Jen Toh) current fiscal year ough April 22, - oo. 16! ! | FURNITURE pared with a yer got ot COMI RERIGSE TI 30" apy an Ii fa Expenses’ rT aTies a eaTiey | Schunley Disk - 14 453s i + h \ - S , , , , , 5 { ; . 87% 1 ” _ ++. including clothing, ] Nar spending 69.882,287,808 35.261/526025 | Socony- vac. {bry a FL x Lu fuel, food ond persanol effects Net deficit] 40902340090 4LMGART 203 Bd Branas | 30s 2 200s La. : ' . Cash balance. 12,842,058.853 10.833.138. : 5 y 3318 4 may be hod for as little 03 Working ance. EERE 0 Sa A = Bs Bn 3a + © | Public debt ..186,995,224,904 130,856,804,962 | Std Oli N J ... 52% 5la 52a oa. $3 A YEAR “1 Gold reserve.. 21,429,038,795 22,481,671,486 Taxas Oo yor" 10% 46 4613 4 VY, ent-Fox . 8s 22 22's 4+ a INDIANAPOLIS CLEARING HOUSE U 8 Rubber ... 42% 424 427% + % YEARS = U 8 Steel ..... 0% 50% 50% .... OR 15.50 FOR 3 on Fee | Warner Broa lily 11a Ine Xu) rotty esting .- 2 . 2 ees ————————————— S & W 14% -"" LOCAL PRODUCE FE ae W Moe he ew Zu a" Steed bens, 23¢; Leghorn hens, KOKOMO FIRM PENALIZED 3 ro GRAIN DEALERS a LS near a | CHICAGO, April 25 (U. P).— roos i EW, Sec Ws ini W So.cipta 4 10s, 30 wp Central Playground Equipment, / o *1 Inc, Kokomo, Ind. was suspended 10 NORTH MERIDIAN STREET Graded Eggs—Grade A la 2%¢; : D i ./ oe > p i er medium, "J6c; grade A small, FH a ig ine var PRodiicsion board Iv ) , 23¢. or ee months from manufac- . . a Butter—No. - wor No oy, 800 Butterfat — No. L|tyring or assembling any iron or steel items, except for certain high-ly-rated orders. The company was charged with failure to keep adeBonds of th ’ quate inventory and production s of the United States Government, records and fabricating, assembling > * Its. Territories and Insular Possessions ahd delivering playground equip- :

* -

Municipal and Corporate Securities Real Estate Bonds and Preferred Stocks

Indianapolis Bond and Share Corp. |

BUY U. 8. WAR BONDS: AND STAMPS

‘| ment, constructed of critical materials; without proper WPB au- | thorization.

is the time to buy it.

+ + +50 the wise he of warning an

not be any more plentiful than it was this winter . . . if the supply will be as good

will stock upwi Cifizens oke NOW. +

It's a cinch, fuel will

losggiit is

der heeds a note = , That god og coke

2, el dealer for a load of coke today. -

CALL YOUR DEALER TODAY!

Yes sir! Coke is again available, and now Citizens Coks, as you well know, is clean

and smokeless, and because it is smoke-

economical: These is no waste

If you want to enjoy the steady heat

fire this coming winter, call your

HATS OFF TO « YOUR FUEL DEALER! In spite of transportation and labor shortages, your fuel dealer did a grand job % in keeping you warm this past winter. : : Now it's Jo turn to help him and help your- : self. Order coke NOW, so the dealer can de- : : liver it in an’ orderly fashion without a rush. eo

‘Get on your dealer's delivery list , . . phone him today. en Ea ee

8 different si

ART