Indianapolis Times, Indianapolis, Marion County, 5 June 1944 — Page 7

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rganize Park

s Interested in ball leagues to k are requested ; at the park's tonight at 7%

to be organized ng to play must ey desire to get of play, sched-

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‘Stock Market Ide Lately; Invasion Reaction Awaited

‘WHAT THE STOCK MARKET WILL DO when the

invasion comes is anybody's guess and practically all the experts are guessing. Proof that no one knows can be seen

in the fact that opinion is divided about in half.

‘What the stock market will do after the war is another

question many seek to answer Barron's says that history seldom repeats itself in the stock market and even if it did, there are differeee ences between the two wars which would throw comparisons out of kilter. This war is far more global and al-

last one. In the few months after the last war, stocks went down although there had been ho great war speculation to react from and despite the fact that most people expected them to go up. In this war, stocks took a real tumble after the fall of Europe, wobbled lower until Pearl Harbor when they sank again, touching bottom with the fall of the Philippines and then started upward until the fall of Mussolini. Since then they haven't done much. The next month or so ought.to be interesting gto watch, » EJ ” COMMON MILKWEEDS could be used to tenderize tough beef, according to Business Week. Before. the war, some tough meat and sausage casings were

also.

Tells Them We Will Go Our Own Economic Ways For a Long Time.

MOSCOW, June 5 (U. P.).—The United States and Russia will live in different economic ways for a long time to come but there is no

IMPROVED AUTO

Experiments Made Busses; Packard Describes New Packaging.

today.

DRIVES TESTED

DETROIT, June 5 (U. P.)—Conversion of military vehicle drive systems to commercial vehicles will bring new extremes of smooth operation and long service, Albert H. Deimel, Spicer Corp. Toledo, O., told 1000 war production engineers

Deimel spoke in opening session

reason why they cannot co-operate practically in mutually profitable post-war trade, Eric Johnston, president of the U. S. Chamber of Commerce, told Soviet trade leaders yesterday. Johnston, “speaking straight from the shoulder and non-politically” declared “each of our countries should be allowed to pursue its ‘unique economic experiments unimpeded by the other.” Johnston, who arrived in Moscow Friday to spend a month surveying Russian economic conditions and discussing trade problems, spoke-at a luncheon given by Anastasi I. Mikoyan, Scviet foreign trade commissar. Guests included 100 Soviet trade experts, members of the foreign affairs commissariat, Russian military men and U. 8. Ambassador W. Averell Harriman.

of labor and management met this

| building to hear the inside story on

adjustments are being made on the

of the three-day national war materiel meeting sponsored by the Society of Automotive Engineers. “Operating ranges of hydraulic torque converters, now used on mili-| joined in laughter at his jibes at

Didn't Get It At first puzzled by Johnston's

available for motor] . | iand left-wingers. |

make them trucks and busses after the war,” he

ment. “However, the rate of adjustment Givens, A. F. of L, 'is falling rapidly now as most cases blunt remarks, the Russians later |, ve already reached the top brack{et within the government's ‘holdt . . tary vehicles, are being extended 10) 4 1 prican Communists, Marwists the line policy, ” he sald. |Mildred Giese, WLB research and Vided for materials not processed, d by the C. E. D.s re- | tained income The meeting was one of a series statistics, both of Chicago. {are approved by the C. E. D.'s re- :

Approximately 500 representatives afternoon in the War Memorial

wage rate stabilization from Edgar L. Warren, chairman of the sixth regional ‘war labor board, Chicago. Mr. Warren detailed five ways that an increase in wages may be secured. They are the Little Steel formula, -sub-standards of living wherein the employee receives less than 50 cents an hour, the stabilized wage rate between industries and jobs-of the same type, merit in-| creases and the meeting of intraplant inequities. : “Today about 80 per cent of the|

stabilized rate,” Mr. Warren said. “The stabilized rate is reached by taking the first low rate cluster of workers. That does not mean the |

cannot,” he said.

the wage rate is stabilized there. Monday Those below the rate can rise, others will be held on successive Mondays lat Evansville, Terre Haute and con Mr. Warren said that in the past South Bend. of Th £0 16 months more than 40,000 cases! A question and answer period fol- 0 :¢ subcontract on which no : i illum a Bnew os the meeting Participating on|WOrk has begun and no costs in. | nation or reduction of federal sales! wages or increase profit levels—or Of these better than 70 per cent/the program was the wage rate curred. have had some sort of an adjust- committee composed of Mr.

Explains Wage Increases

= 1

Edgar L. Warren

War-|

Uniform Termination Policy Announced by U. S.

Board. ;

WASHINGTON, June 5 (U. PJ. —A uniform termination article to guide the settlement of claims under fixed price subcontracts was announced today by the government's joint contract terminaion board. John M. Hancock, acting chairman of the board, said the article was a “major first step in the speeding of payment to subcontractors whenever fheir war business is cancalled, freezing their capital for

| ‘other war work and for the speedi-

est resumption of civilian production.” The new provision, the first official definition of the termination

average, just the first low cluster. peing held over the sixth region in rights of subcontractors, was forTherefore, the lowest rate might be large industrial areas to acquaint mally approved by War Momibilza80 cents an hour, the top $1.50. The labor and management with the tion Director James-F. Byrnes. I average might be 90 cents but if the functioning of wage rate adjust- | supplements the uniform termina- | profits tax, removal of tax first low rate cluster is 85 cents then iments. One meeting. was held last ton article for prime contracts, 3 i in Ft. Wayne and others Providing in effect that: Fe for income from were distributed or yeinvestment of 1. Subcontractors will get the full tract price for all completed stantial

Proposes Elimination of Double Levy on Dividends, Repeal of Excess Profits Tax and Slashes in Federal Excise or Sales Taxes.

By EDWARD A. EVANS Seripps-Howard Staff Writer

WASHINGTON, June 5.—A revamped post-war federal tax system, intended to spur establishment and expansion of business and industrial enterprises and so to pro‘mote high levels of production and employment, was proIposed today under auspices of the committee for economic development. Among changes urged were) | elimination of double tags. (Seis 20g on a tion on corporate dividends, for reinvestment. The porgion

\repeal of the wartime excess-| payment, credited to the stocki holder, would apply on his personal

| tax liability if and when dividends

“gub- | corporate income resulted in a realin| ized capital gain. This change, Mr, {Groves argues, would enable cor-

government bonds, and

relief” for families

(articles but nothing on the portion | jower income groups through elim-|porations to reduce prices, raise

2. On work begun but not com- | the subcontractor is en- | Dook form—title, “Production, J

{to do all three—thus encouraging n | expansion of investment, output and s | employment.

{and excise taxes. The program was published fi

iren, 8. A. Robinson, industry; Paul pleted, and Leslie titled to actual costs plus a profi

Towner, C. I. O. not to'exceed 6 per cent of the Study.

we Also present were E. B. Harris, actual costs. bureau of labor statistics. and Miss

“I shall try to show you my ad-|

{said. “Three experimental busses i | equipped with the new drive system 'miration for your heroic deeds and | have already given more an 100 ny grata Sor your Psp yr jinvitation by talking to you from |

3. A 2 per cent top profit is pro-|

plus 8 per cent profit on the re{mainder of the costs, but the ag-|

; |and Taxes"—as a C. E. D. researth | 3- Help small, new industrial enIts author is Harold M. terprises to overcome their present Groves, professor of economics at handicap in raising equity capital |the University of Wisconsin. His by allowing them an exemption conclusions and recommendations {rom the advance payment on re-

|search committee of businessmen | 3. Repeal the excess-profits tax and economists, with minor excep- Soon after the war ends, but let the

1 | LO igregate profit is not to Al y 1 ] 625 PORKER CAL 1SSUFS Iper cent of the oo So eed ® tions which will be explained in repeal take effect a year later so | Nominal quotations furnished by Indian-| =. _|a forthcoming statement. |that inflation-control measures can } Apo a a ler ndlan-| Hancock said more than a million

Eid 7

Asked Subcontracts and purchase orders

| While the C. E. Ds main pur- be continued while needed. pose is to stimulate business and |

| ” treated with juice from pineapplps (CIfY fransportation operations.” |, v5itom of my heart, non-politi- | Ane Tn Corp pfd ils" [7|Were now outstanding. While fo for we . Help Higher Brackets Engineers from General Motors | ian p P “" industry -planning for greater pro- | and papaya tree fruit. ‘Thess in Corp.'s research laboratories divi- | CalY and with frankness” Johnston | Belt Ro Was “pid ens arn 5 ado yy or i Jares RH he | qi ction and more jobs than the! 4 Make the personal income tax poris much smaller now, but a ’ said. “ re 501 "3 f ¢ por 1 said, the bulk of smaller business | , " 3 3 i | . Re 8 are Fi nbinghiaige sion described the design and opera- | S.0 you cant have Sola ea | EE Botbe- Merril] i mn? |doing war work falls into the sub- | country has ever had in peacetime, the post-war federal revenue sys- . {tion of an improved indicator to y € Circle Theater com ........ “41 | |its belief that governmental poli-|tem's mainstay taini i contractor class { mainstay, main ing a broad the juice of milkweed stems and | |standing. 325 M Carri Comwlth Loan 37% pfd ...... 104 107 : cles should favor healthy, vigorous © leaves would do just as well. The |measure and make permanent; ooo 40 tell w direct ore arried Over Seta Eec com oo... 12% 13% ; ; Co base and a high standard rate, and visual records of pressure surges in going you a ect. | Hook Drug Co com .. ... .. 1513 17% growth of the national economy— | ; ; eatch is that it would be more ex- : harsh, tough business fact. In eco-| . : {Home T&T Pt Wayne 77% pfd. 511 . especially of new and small enter- |lighten the tax load for families in ofl circuit breakers, ascertain de- | From Saturday; Prices [ind a Mich Eiec 1% pra". 113° 118i Specially ds pensive than other ways, {nomic ideology and practice my ’ p toc S lead it i | tower ; flection in engine flywheels, eylin- | Coot ts oy sex ® “ Ind Asso Tel 5% ped Co a 108, . . . { prises—leads to its interest in post- | lower income groups by eliminating | y r ec 1% ptd ..... y » | w ici "i. der heads and blocks, record de- jo 0 "ol oo rd rm Sou Hold Steady. en Serv . 10st 107 | High Low Last Crange mn; bux Zolivies. Hom, Datiora) jor reducing federal sales and excise ODDS AND ENDS: A Time mag- | tonation, measure pressures in guns o. =..." we are most ollec- | i RAT oll de. i (Alec ev ptalie J FL T—w CORIIAR, EU Ce Ta, prem. | taxes. azine poll says business executives and make jet propulsion studies. | minded and’ most a a Hog receipts at the Indianapolis |indpls Railways com......... 13%a 15 |Am Loco .... 17% 17% 17... | ° € rp. says: | 5. Moderate somewhat the per- ; C. E. Heussner and C. O. Durbin, | stockyards today amounted to 11,000 | 10dpls Water pfd ....... -... 106 {Am Rad & 8 8 97a 9% 9% — hh Would Encourage Risk |sonal tax Schedule as it applies to don't believe the government can ted, and, gentlemen, make no mis- : Indpls Water Ciass A com... 17% 19 [Am Roll Mill. 13% 13% 13% — a * upper and middle income level {of Chrysler Corp.'s engineering di- with 325 carried over from Satur-|Jjeff Nat Lite com ......... ... 15 17 |Am Tob B .... 673% 67's 674 — la] « | 1 evels get back more, than 27c on the| = "oo 1 War take, we are determined to remain |g, he war food administration Lincoln Loan Co $%a% pid... 83 7 |Am Water W . 1 én es — 1n| “We must have an environment where present rates, ranging up to dollar for its $16 billion investment | ~~. 4 .¢ P pagkaging oe {so and become more so. | reporte a Leos Nat Lies Ins com... 38% 4341 Anaconda a wn Bla BH 1s/in which men will have a chance gg per cent, defeat themselves by , pro - y % pid ....... { r 0. . 5... y in war plants. . . . Because Pitts- | (SSC "0 Le ures of 40 All Middle Class Prices were steady. Receipts also P:R: Mallory com ILI 204 38 [Atchison oe17 eel sel nl a ee shemselves | preventing investment of high inburgh factory workers have moved 4 lincluded 2250 cattl j IN Im Serv 512% | 4 ining .. s 32 32 — 3;/and create more ) or ers. | comes in risk enterprises egrees abo e, 1025 calves and |N Ind Pub Serv 6<% pf 107% | Bald Loco ct .. 20! 19% 18% — 1 | . from crowded districts 10 OuLIYing Ss” wih ve In the| “There is a point that must bei, pep, |N 1nd Pub Serv 7% a 115 "Ben Ind Loan . 18% 187. 17 + 14|OUr present tax laws favor thos¢| g, Eliminate tax exemption for insuburban areas, eight elementary ropics. | totally clear between us before we! s . *Pub Serv of Ind 5% ... 107% Borden ........ 31% 31% 31% — %|who live on interest from debt and | come from government securities, at “Properly designed containers re-icqn be really co- tive friends. | JOICE s *Pub Serv of Ind com 18%; | Borg-Warner . 37% 37% 37 — laoffer little hope of reward to those | : schools, built to last many years, Re : ! y co-operative friends.] GOOD TO CHOICE HOGS (11.625) _ [progress Laundry com 161; | Caterpillar T . 483, 48'z 4823 — lu} op least on new issues, and if possible will be abandoned for lack of pu- | sist humidity, moisture, watery employ some 2000 people. They | 10. Ho pounds Line eRn anvee 30 250113 0 nd G & E 43% .... 108 |e, & Ohio . 46% 46 46', — 1% |who risk their money to put people ,, outstanding issues pils. . . . Rumors that Philco would | APO mesg Pro a stand have unions. I have contacts with| 160- 180 pounds . Hain [Disk Eros DLE 8 hewr os s 3' 3% oo |to work. That condition should be| 7 Adopt an adequate fiscal prouy the Eureka Vacuum Cleaner | . | those unions. ieve in the right | . Union Tile com ...... 27 ouglas Aire . . 4 48% a rsed. ; i > being denied Th oT | sid Dehydrated ‘packaging pro- of plo : bel h - - | ho: 7b pounds 13% Van Camp Milf pf Toy [Da ent’ C.l130 148s MB | wAmerica was ‘made grea by [S750 10 avoid inflation. oth during . are e dee The . ) of my employees to have unions.| 230. 240 pounds ... .. 13.80 (v Milk com .. 31 Gen Electric .. 36% 36's 36's .... | * and af he w on long-distance railroad travel in | tects equipment from humidity for Some 13,000,000 Americans now be-| 10- 373 BOURCh --: ‘nn an camp MK CR ONDS Gen Eircirio 38 384 384, hose who gambled their last dimes | * 0 or © a i ; i 270- unds . . Wins’ 2% oun. rp y . 47 7 7 Britain has spoiled a boom antici- [38 Jong as six months. And Vapor jong to unions. Some 200 of thesc| 300- 330 ie L178 J Algery Wiis RR 2 Woe eedrear cp 3, 3% Si ooo. |on an idea or a product, and the | , . pated by resort hotels lucky enough |de-greasing and rust-proofing will ynjons are large enough to be na-| Jit: 360 pounds .. [email protected] | American Loan 5s 48 99 101 [Ind Rayon ... 40% 40% 40% .. willingness to do this is what we PROPY CTION,” JOBS AND { edium— 1 . 7 {Int y 4 74 47s — 1h ” Ss” i is - to be outside areas under military | completely neutralize the corrosive | tionally known. 160- 320 pounds ........ ... [email protected] a Ent Len 108 Nash Ree Tie one | must bring back. | GAXE i pubijisnieq BY Yu Me rule. . . . The treasury has said | effect of fingerprints on metal parts| “No one of them in our current] on tee” ng. Sows (Goma Pen 35 30 Sit We 36. 10 Rat Biguit .. 31% + A — Aid New Firms | Sras-Hil Bock Gos New: York, at : " | so T 0 * wessad {Nat 378 T 37 . { + | 91.8 Y. *no” to the New York Stock Ex- | Within 15 seconds.” jelections is asking voters to favor| 270- 300 pounds 1078@1088 Indpls P & L 35s 10... 108% 10815 Ny Central | 177% 11% 17% = vl or? 2 oom change request to boost the salary Chrysler officials said the method, the primary socialist principle: | 300- 330 pounds ... ... [email protected] Indpis Railway Co 5s 67 ” 80 [Oliver Parm Eq 32's 52 52a — sl Mr. Groves’ thesis is that tax | of its president, Emil Schram, once developed cooperatively by the i{Common ownership and operation 300. 400 pounds ... Li RIOTS EN aerer Works uf Fold el | i JEETERLEN. + J + policies, properly recast, can at | U. S. STATEMENT army ordnance packaging section! ve | Goof wee ’ “Re " 84 8T 100 paneer AIT = 29% 2% — 8 tract risk capital into productive| ATOR J. Z . of Peru, i $48,000 to $55,000 Y gg zs ER atl jof production and distribution. 400- 430 POUNAS «.everssene.. 106301078 Re Ta or totes 5¢ 80... 101 "0 PennTRR Tae one ete = 1} activity capable of providing a na- Oa Tend ants rome a year. , .. Trade people expect a and . Johnston told the group Amer-| 450- 506 pounds .....coeerees [email protected]. Muncie Water Works 5s 66 ...105 Phelps Dodge . 21's 21 21 — 1 : ha current fiscal year through June 2, complan for reconversion of the auto board, has been teffned as Im-/fcan communists were wasting their Mo /ulm= oso § Ind Pub Serv 373... 101% 103% Pure Oil ..... 18% 16 18 7. "tional income so great that post- ,. .q"sitn a year ago: ’ industry will be announced shortly, [portant as manifacturing and! time, | 380° 430 DouRg pwier Pigs 05081030 KN Ind TH A ves 1 ie pas Bobi BH Le Dt Me TR federal budgets, estimated Bt @@onces .. torrie i0s S00 tiinins which doesn't mean Detroit will | transporting equipment, which must| “Not long ago” he raid, “an Medium and Good— | Pub Tel 4las 58 100 103 | memenier TD pf 1070 10714 1070s ZT 1/20 billion dollars a year or more, AF 08 i TEAi0.402,908 T0.342.314.912 start making autos soon, although |arrive in satisfactory condition for] , : .| .90- 120 pounds : . [email protected] | Richmond Water Wks 5s 57...105 -~|8ervel Inc .. . 18 177s 17's — 1s can be balanced without undue Receipts . 37,965.277,179 17.762,318,926 8 : ug | Ty American research institution ad- CATTLE (21%) ¢ [Trac Term Corp 5s 57 ...... 88 81 lgocony-Vacuum 13'a 13 13 — !s|hardship to the taxpay His (Net Def 7.511.107.4785 52.576.536.285 Packard is going to make repair immediate use. |dressed a question to a large num- CHOIt= Steers tesoqieny|C SMIhine Corp 8 82 W102 igourn Pac... 30% 304 ig — ein 0 the a a yar. S Cash Bal .. 8521820124 12,504.560.899 arts on quite a le. , FYt jp B00- pounes ............. 191 ————————————— {Std .O Cal . 37} 37 37 .. principal recommendations: Work. Bal 7.764.988.9029 11,741,013 544 pu » ve re re tr diag |e of people all over the United | stih solngy 000: 16.s0g16.78 | atio Std Of (N J). 38% 36% 56% — 's| 1 Eliminate duplication in cor- Public Debt 188.318.279.373 140.242.496.323 important developments including ‘ 1 oi roy | 1100-1300 pounds -............ [email protected] | INCOrporations 58% 301s Mh — 1 . % | | States— To what social class do you 50 1 Std Oil (Ind). . 33% 33% 33% . : |Gold Res... 21,262,156,410 22,426,592,266 {new cleaning and rust-proofing think you belong?’ 1390-1500 POUNdS «..evvrinieas 16.30918.73| , yr Hutchens & Co, Indianapolis; dis- [Tenn Corp .... 11's 11 ~~ 11 =~ — la porate and personal income taxa- J. | compounds and operations, dehy-| ! . boo POUR +1esssensrs 15.25@ 16.28 | Solution. 20th Cent-Fox. 25's 24% 24%a — tion by confining the corporation! INDIANAPOLIS CLEARING HOUSE a po a AT Most of the organized Wwage| 950.1100 pounds Tt 18 50616.80 2 Pattern, and Engineering Corp. |U 8 Steel $23 8124 31 — Ya itax to a withholding levy on divi- Clearing eerrereteeeserserees 3 Lam rating agents and Wrappings, en-|earners replied that in their Opin-|1100-1300 pounds ............. [email protected] | COIUmPuS: QUOTOn. ie rt B. oovierrereeroreesieier 2 gineers said. jon they belonged to the middle 1309-139 pounds ...cteceneens [email protected] ——————————————————— .- | Medium— class. So, perhaps, in a Way YOU |.700-1100 Pounds ......eeeeses 14.00@ 15.50 ln LOCAL PRODUCE cannot blame our American com-|1100-1390 pounds ........ceeee [email protected] mon-—— . ’ munists for their failure. If I may| 700-1100 pounds . [email protected] mche Rheu- Heavy breed hens, 20c; horn hens, v matic nest sder Eres. | 17 ” . . ao , put It frankly, how can they make|. Heiters | rollers, fryers and roosters, under , { St a Ly Wn yan] | ibs. 29c. Leghor . Roe a proleterian revolution among 600- 800 pounds ............. [email protected] > Biadarr troubles, Deuslly in such cases. tne | Oia roosters, ee, Turn 1 workers who do not even know they 800.1000 pounds [email protected] yery dose right | Butter—No. 1, 50c. Butterfat—Ne. ” = the Kidneys Dush out excess acids : "i are proletarians? | 600- 800 pounds ....eceene... [email protected] tad Ynez "And this Cleansing. purifying | NS. 2 4 Bridses | 300-1000 pOURAS -.oeeeeverers [email protected] Kidney y List {| Medium — 1 ks Jou ied Touneer Sasugt snd | WAGON WHEAT ges { 500- 900 pounds ..... vaesesas [email protected] Be ave ya aetly 03 ire od | 22, * I nour mth go oe Johnston said a gulf separated CGEMEET [email protected] Jour own particular | Y, DB s Int the American and Russian peoples 11 weights) ' ! jas Under our guarantee unless compiete- elevators paid $1.63 per bushel for No. 1 ue peop Cows (all weights) PRABRY satisfied ¢ 1 . Good ea . Cree meds 11.756 13.00 A FY BE Tour money Sack: oa No por gid a Sad No. 3 red. outa [Ti EE ee Medam ‘ eset sy gi wn 13a 1a £5 PR TA A » guaran! snes. Only 9c, No. 3 yellow shelled corn, $1. per 4 : FU0S utter and medium ........ . 2% 10.489 8 85e, 75¢, $1.50 at druggists. bushel and No. 3 white shelled corn. $1.3¢ | jt {Canner .. i, . 650@ 8.35 eee -. : . | Bulls (all weights) Emons — “The first bridge,” he said “has {0 Beer Chm on Everything! do with Fascism. We American (Cone a weights) ....e.00n 12.00 13.25 TE ——— business men, since we believe in| Good .............coeienens 10.756 12.00 i com i i | Medium rr iwveireereetere 10.00@ 10.75 ; Diamonds, Watches Semis petition, are egunst) Cutter and phi vos) 2.15 10.00 2 3 " . asm. . . . CALVES (102%) : BW J Musical Instruments, Cameras Ji “The second bridge has to do veslers (ll weightn) ooo 0 300d 10 CNOICe.. Livin : : cl thi Sh t Et with industry. It is our common Common to medium ......... [email protected] Oldest L 9 ng ” i $ iF ton for production. At first CY Feeder and Stocker Cattle and Calves © Boston The CHICAGO 4 WELRY | we misunderstood your New Soviet] Steers the State { iali 7 Choice— Co. Ine. | socialism. We thought it merely Coole pounds

146 E. WASHINGTON ST.

ready existed. Now we know that

one of your main aims is to increase the total wealth and every year to distribute more. “The third of the bridges is the

BUSINESS DIRECTORY PEARSON'S |

128 N. Penn. L1-5513. FURNITURE ® PIANOS BAND INSTRUMENTS RECORDS @ SHEET MUSIC

bridge of export and import trade. I am happy to learn that you gentlemen do not regard trade with capitalistic countries as being counter-revolutionary.”

LOW-RENT OFFICES All outside, light modern rooms

$25 up. THE INDIANA TRUST BLDG.

Cer. Virginia Ave. & Wash, St.

saxophone gf .25 Instruction Aas INDIANA MUSIC CO. -

115 E. Ohio St. — FR-1184

L S

DIAMONDS, WATCHES, JEWELRY, CAMERAS.

INC.

COR. CAPITOL & WASH. ST.

LINCOLN STATE PAWNERS |

\WLB DENIES WAGE

Ho Make Woodworking Your Hobby. Use a = oeLta | BOOST AT KOKOM MOTOR DRIVEN TOOLS Exclusively at CHICAGO, June 5 (U, P).—The

regional war labor board today an-

VONNEGUT’S 120 E. Washington St.

at —————

LIGHTWEIGHT FELTS

«for early. summer

HARRY LEVIN Your Hatt

| WE Buy Diamonds

wage increases for 285 employees of the Hoosier Iron Works, Kokomo, Ind. and ordered further negotiations to eliminate difficulties arising out of distribution of work to 'molders and core makers. " An agreement between the Huntfngton Furniture Co. Huntington, ‘Ind., and the United Furniture Workers of America, local 331, pro-

plan, hospitalization and

3 HIGHEST CASH PRICES PAID

STANLEY Jowsiry Go.

ceived the board's approval.

|] 113 W. Wash. Lincoln Hotel

granted a mium for night workers,

2.0838 Va

was to distribute what wealth al-!

nounced denial of a request for!

viding for new rate ranges, vacation rest periods effective May 26, also re-

The board denied proposed wage increases for employees of the Cummins Engine Co., Columbus, Ind. but approved a vacation plan and { per cent hourly pre-

800-1050 pounds Good— 500- 800 pounds | 800-1050 pounds .. Medium—

| 800-1000 pounds {Common-— | 500- 900 pounds ............. [email protected] | Calves (steers) Good and Choice— | 500 pounds down ........... [email protected] | Medium— | 500 pounds down ...... ..... [email protected] | Calves (heifers) Good and Choice— £00 pounds dOWD ........... 12.258 1430 Medium— 500 pounds down ........... [email protected] SHEEP AND LAMBS (200) Ewes (shorm) {Good to choice... ............. 5.50@ 6.50 | Common to medium... .. 4.00@ 5.50 | (Good to choice .............. 13.50614.25 ] : IGood to medium 10.50 13.25 oO an Medium .... .. 9.00 10.25 BATRRNg {Good to choice .......... «+. [email protected] - Medium to good ve. 13.50@ 15:00 ; Common «.. 10.50G13.35

1 |

FINE GROP WEATHER ~ DEPRESSES PRICES

CHICAGO, June 5 (U. P.),—Excellent crop weather continued t>

depress grain futures on the Board of Trade today. 1%; oats off ¥ to

la;

1%.

the also contributed to the downturn.

Aha ts ied

Card in Ye Group

Wherever they went, they walked . . . on guard at every step. Hardships taught our forefathers the virtue of self-reliance and the need for cooperation. Thus, in the humble cradle of privation, the spirit of our

Democracy was born.

Our enemies foolishly ignored the enduring influence of our Nation’s heritage when they jeered that we were too soft to fight. Little did they dream that, almost overnight, free men could perfect the finest and best-

equipped fighting forces the world has ever seen.

At 11 a. m. wheat was off % to rye unchanged to off 1%, and barley off

Favorable crop news from virtually all parts of the wheat belt and from Canada coupled with anticipated early wheat arrivals turned market bearish. War news

So, today when good citizens see an A card on a windshield, they recognize it as a symbol of what people can accomplish who have learned from experience to work together to attain a common objective. That same spirit will win this war—and in peacetime that same unity of effort will keep America strong and prosperous for our men and women now on the fighting front.

* * *

In addition to supplying the armed forces with glider and bomber fuselage frames, wing parts, gun turret parts and foodstuffs, Anheuser-Busch produces materials which go into the manufacture of: Rubber«Aluminum « Munitions « Medicines + B Complex Vitamins « Hospital Diets + Baby Foods + Bread and other Bakery products « Vitamin-forti-fied cattle feeds+ Batteries+ Paper + Soap and textiles—to name a few.

Mast folks are more tired then usual oo when they finish eachwartime day. A is @ welcome companion in