Indianapolis Times, Indianapolis, Marion County, 14 June 1944 — Page 6
rubber.
cially those in
to get the railroad to leave several boxcars on the siding for cars which he used to store the wheat in until it was picked up and bauled to terminal markets like Indianapolis. This year the railroads won't be
they be able to haul the grain away from the country elevators as promptly as in the past. It's the
manpower shortage, etc. farmers will just have to keep the harvest on the farm until the country elevator has the space to take it. = 2 »
THE INVASION has many stock market followers trying to figure out if the time hasn't come to switch from “war babies” to peace shares. It isn't as simple as it sounds. Stocks of some companies which have been living off of war contracts for several years, have turned lower than need be, considering they will have good peacetime business, too. Actually,
Hauling, Not Storing, - Wheat Harvest Will Be Problem
REMEMBER TWO YEARS AGO WHEN there were pictures in the newspapers showing farmers storing wheat in empty filling stations and storerooms because elevators were crammed to the rafters? There won't be anything like that this summer although the wheat harvest of more than a billion bushels is expected to be the largest ini this nation’s history. The reason, of course, is that war has created a’ heavy demand for wheat, as human food, as feed for likestock and as an industrial raw material to be processed into alcohol for making synthetic
Transportation experts, however, say there will be some disappointed farmers around harvest time, espethe habit of hauling their grain to the] elevator as soon as it is threshed. The country ele-| vator operator has| always been able
him,
.
1
lane since the system started. Day before yesterday more than 5000 hogs were held over. This is unavoidable, livestock men say. It's impossible to know so far in ad{vance just how many hogs can be ' sold. | Actually some overshooting of the mark is intentional. If the local stockyards would run out of hogs, {buyers for the packers would take | their business elsewhere, naturally, | where hogs are obtainable. Inasmuch as many of the hogs brought to the local market are sold to east~| ern packers whose orders very from day to day, a surplus is deemed
| necessary.
Present
rr t J = ODDS AND ENDS: The treasury’s| lexperts say corporation profits, |
| year, the first downturn since 1938's
“recession.” . , . The allied jet-driven|
| P-38, without the propellers. + « . | Harvard's graduate school of engi- | neering says there will be too many radio engineers after the war, because of the many who took mili- | tary courses. . .., J. Monroe JohnIson, head of the office of defense} | transportation, didn’t attend a rail- | road shippers meeting in Indianap- | iolis yesterday because he is trying, |to reduce public traveling and de-|
| cided his own example of practicing | {what he preaches would help the] idea; he stayed in Washington. ... Continental Steel Corp. of Indianapolis and Kokomo, trying to reas-|
The Hamilcar glider, shown above, has been credited with much of of the inland fighting changed policy. agreements were made in In Normandy. With a greater wingspan than the four-engined Lancaster bomber, the Hamilear stunned | pRaceipts U, 8 airlines have Sed pout) negotiation by “Pan-Am" the Germans In the Initial stages of the invasion by unloading a tank which blasted the enemy out of their | 450 cqives 100 applications oreign opera-| other governmen 2 positions. Waiting to open fire on the expected landing of troops from the Hamilcar, the Germans were shocked to see the tank come racing out toward them. 7 GOOD 130- 140 : ce 140- 160 160- 180 180- 200 INDIANA WHEAT (Corn Planting RAIL RATE CASE|£ 2 CROP IMPROVES! ... =>" 2°"! HEARING OPENS: = ting is about completed | | 3%. 360 L in Indiana and 75 per cent of the : 160- 320 pounds .. ve. 10.50Q13.90 opposed monopoly soybeans have been sowed, the In- Pac May Go Ahead or the Comunity Sompanys idea i i dianapolis weather bureau weekly i i Good to Choice The CAB is aware of congression- proposed . Trippe. among Rains Delay Corn Planting So Pleas for Uniformity Made 3 2 Ea - . ne ion drt ie Le | members ot “sive senate commerce 3 - . unds « 10. h! . | subcommittee head Senator But Pastures Are Best | “To = fo 2ieas the Srvend has Before Entire ICC 360. 400 pounds 10.50G10.65| Welch Pogue said, and will be pre-| Clark (D, Mo), which has been ort said, but added that “excellent Membershi 400- 430 pounds .. [email protected] | pared to conform to any new law. studying the question, some favor In 20 Years. | progress was made in farm work.” embership. oe bounus [email protected] pt it apparently feels that under|has been shown for a “chosen inTTE —| “There was much setting and re- SHIN 350- 450 pounds ............. [email protected] | existing law it must hear pending strument” or for “little chosen inLapay: abi Jt setting of tomatoes; some collar rot WASHINGTON, June 4(U, P). : Slaughter Pigs applications. struments” which would give a few Even though the planting of cor reported: the condition of the crop —Oral argument on uniformity for Medium and Good SIT The CAB, when it granted Amer-|companies exclusive U. 8. fiying - was delayed In er. the|iS mostly good. Potatoes, onions railroad freight classifications and A ELy {Toe ican Export Airlines in 1940 a cer- rights in limited world arcas, Indiana by onl because of extra 20d garden truck are fair to good, rates began today before the entire coice— tificate for overseas operation, took pasture conditi ecause 4 | needing rain in some localities. |membership of the interstate 700- 900 pounds [email protected] (a position in favor of more than : rain was the best in 20 years an p COM=| 940-1100 pounds ... To [email protected] ts for the hay and wheat] ~The outlook for the wheat crop = issi 1100-1300. pounds ».. [email protected]|0n¢ U. S. line abroad. Asked today i prospects for the hay continues good to excellent; heads|™ercé commission. 1300-1500 pounds . [email protected] {about CAB policy on the monopoly : : 4
crops advanced materially during
able to’ spare the boxcars, nor willltaken together, will be lower this May.
These were the high spots in the monthly report of crop conditions as of June 1 made by the depart-
familiar story, lack of equipment,| (‘Tocket”) fighter plane which mays ment of agricultural statistics of the So the|see action, reportedly looks like &|Purdue agricultural experiment sta-
tion and the U. S. department of agriculture. A wheat yield of 21.5 bushels per
acre, making a total production of
27,240,000 bushels or 67 per cent above last year, and 90 per cent of the 10 year average from 1932-42, was predicted based on the reports as of June 1. The improvement was general throughout the state. Rye prospects were unchanged in total
[prospect with an average yield of
13.5 bushels per acre, or production
lof 1,580,000 bushels indicated.
Oats production is forecast at 36,630,000 bushels which is 110 per cent
some are cheaper than many peace stocks ‘which, boomed by enthusiastic traders, may be higher than their prospects warrant, - 5 -
| sure its employees that their work {is helping to win the war although| many of the products are the same | as those in peacetime, put out an| elaborately - illustrated booklet;
it
THE BULL'S EYE is tough to hit,|seemed such a good idea for emThat's what those in charge of reg-|Ployees that it was sent to stock-
ulating hog shipments to the Indianapolis stockyards say. To prevent any more gluts, a permit system has been put into effect. A committee decides how many hogs can be sold, and issues
holders, also.
2.3% INCREASE IN
Just that number of permits.
This number is decided upon four or five days in advance, so the permits can be sent out to the farmers. | Supply and demand haven't jibed | tion advisory board estimates a'55 per cent of average.
ANS
DIAMONDS, WATCHES, JEWELRY, CAMERAS, ETC.
LINCOLN STATE PAWNERS
INC. COR. CAPITOL & WASH. ST,
the Columbia club.
Felt
HATS
Cleaned &
us 50:
~— FACTORY METHOD —
OHI HATTERS
CLEANERS 45-47 W. OHIO 18 8, ILL.
Washington, was the | speaker of the session.
Chamber of Commerce. Freeman Bradford,
{man on arrangement.
CARLOADINGS SEEN
The third quarter carloading forecast by the Ohio Valley Transporta-|
{1944 increase of 2.3 per cent over| {last year with two-thirds of all
Four Indianapolis organizations which sponsored the 73d regular | meeting are the Indianapolis Traffic | club, Chamber of Commerce, Board |of Trade and the Indiana State
. secretary- { general manager of the Indianapolis | Board of Trade, was general chair-
{of last year and 94 per cent of av|erage. Barley production is forecast at 1,035,000 bushels, which is 82 per cent of last year but 12 per cent above the average. Prospects for the hay crop are above average and hay making is under way in many counties, although late planting of corn and soybeans has kept many farmers from the hay fields. The Hoosier peach crop gives indication of a production of 570,000 bushels which is 360 per cent of last year's crop, and nearly twice {the 10-year average production, | Prospects for the pear crop are {twice as good as last year but only
Crop reporters having less than 350 laying hens and pullets reported {an average of 104 birds, which is
| commodities shipped showing an ins} yoo helow last year but higher |to new efforts for nationalization of (crease. The board met yesterday in|ihan any other year. Egg produc-|the mines, Kennedy expressed dis-
tion was 56.9 per 100 hens, the same
Governor Schricker spoke at the 8s 1942 but 15 eggs below last luncheon which closed the meeting. |year. Milk cows on reporters’ farms [ON to take advantage of any situa|C. R. Megee, manager of the open| produced 17.7 pounds per cow tion that will give them an opening SPECIAL ee _|car section, car service division, on June 1 which was the same as a |'® Propagandize their own ideas,” principal
| year ago, but 73.2 per cent of cows are in milk compared to 75 per cent a year ago.
LOCAL ISSUES
Nominal quotations furnished by Indiane apolis securities dealers,
Agents Fin Corp com ... Agents Fin Corp pfd . Belt R Stk Yds com .
Belt R Stk Yds pfd ... 3 Bobbs-Merrill com ........... 5 Bobbs-Merrill 42% pfd....... 60 Circle Theater com ve ee. 4
Comwith Loan 5% pfd
At your request, Gas
to you for labor.
If materials or repair
repair your appliance,
will also be fixed, but will be made.
FREE SERVICE
FOR YOUR GAS APPLIANCES
Inspection, Adjustment, Repairs . .. Free
at your home and inspect, adjust or repair your domestic gas appliances (range, water heater, gas refrigerator) NO MATTER WHERE THEY MAY HAVE BEEN PURCHASED, at absolutely no cost
Replacement Parts at Actual Cost !
be ordered for you and installed free. You pay only the actual cost of the material or the repair pert itself. If no material or parts are needed to
Water heater vents, should they need repairing,
Utility service men will call
parts are needed, they will
the work will be done free.
Delta Elec com
Hook Drug Co com .......... 15% Home T&T Ft Wayne 7% pfd. 51% .... Ind & Mich Elec 77% pfd...... 113 116% Ind Asso Tel 5% pfd ....... 103 106
are filling satisfactorily, southern fields are ripening and some is about ready to cut. The harvest of barley is under way and a good crop reported. “The condition of oats is spotty, some poor, some very good. There was considerable cutting of alfalfa and clovers during the week, with conditions mostly favorable for saving the crop.” ’
SOCIALIZATION “HIT BY MINERS
Kennedy Also Reports UMW Has Over $10 Million
In Its Treasury.
NEW YORK, June 14 (U. P.)— The United Mine Workers of Amer-
ica is definitely against any efforts to nationalize the country’s coal mines, Thomas Kennedy, secretarytreasurer of the union, declared today in asserting that enough coal can be produced to avert a shortage next winter if government agencies will co-operate and consumers buy their supplies now. At the same time, Kennedy revealed that the U. M. W. A. treas-
{ |
...|he said, while anthracite produc- - {tion also is higher, totaling 30,791,000
13% he maintained, was accomplished . |despite the fact that 18900 fewer
a time and material charge
Phone MA-4421 for “Free Repair Service”
There are no strings to this offer. Work will be done in the order in which requests are received, on . regularly scheduled runs in the city. All we ask you to do is be patient. Such an offer will bring
a flood of calls, and we will handle them as soon as
and your co-operation will front” in fip-top condition
ury now has more than $10,000,000. Informed that some operators be{lieve a coal shortage next winter {would spur socialistic propagandists
belief. “Socialists can always be counted
he said. “However, they will never get anywhere with the idea because, to succeed, they will have to reckon with the U. M. W. A, and we are definitely against it,” the union executive added. Despite the manpower shortage bituminous output averages $570,000 tons a week more than last year,
tons up to June 1.
This increase,
men are employed in bituminous
+ HARLIN : PER PESTSISEE FIER FXG OF FEE
mission's own motion July 29, 1939,
the ICC in its annual reports and decisions ever since it was established in 1887. The present investigation was instituted on the com-
in response to complaints from interests in the south and southwest on the unfairness of present classification practices and rate-making. The country now hag three main classification territories — Western, Southern and Official (eastérn)— each having a different classification structure.
placed in class one, called 100, and other items are in some 26 or 28 categories designated as a certain percentage of class one. However, the same item may be in a different category in each territory, and the percentages are also different. There are more than 20,000 lesscarload and carload ratings in the
One Held Here
Earlier hearings on the case were held in St. Louis, Indianapolis, Columbus, and Washington from 1941 to 1943 before three ICC members and a committee of state commissions having one member each from the three territories. A 'report by Examiners Paul O. Carter and W. J. Koebel, based on the hearings and issued Dec. 4, 1043. proposed a single class-rate structure for the entire country with 30 classifications. : Some shippers oppose uniformity on grounds of impracticality and dislocation of carriers’ revenues. Railroads opposing the commission's stand point out that present structures have been built up as conditions required and claim that so many exceptions and commodity ratings would result from the proposal that uniformity would be merely theoretical. Advocates of change consist of those backing uniformity and those wishing to further extend the classification in official territory as being the most generally favorable to shippers. A uniform classification plan has been urged by the Southern Governors' Conference, the Tennessee Valley Authority, and the American Farm Bureau federation. Those wishing to extend official territory classification include the Southeast-
Within a territory|gooa a certain number of items are|Med
complete consolidated classification. |",
Uniformity has been advocated by|Good—
1100-1300 pounds ... 15.75
1300-1600 pounds ..
[email protected] 15 16.50 16.75 [email protected]
question, Mr. Pogue said there was nothing new to announce. The im-
certificates might be granted other
plication seemed fairly plain that
»
FUNDS FOR
WASHINGTON, June 14 (U. P.). —Southern senators, fresh from their recent successful filibuster of anti-poll tax legislation, turned their combined efforts today to & floor fight against approval of s $500,000 appropriation for the Pres ident’s fair employment practices committee. :
3
mittee yesterday recommended the appropriation for the committee which President Roosevelt set up by executive order to assure fair wartime job opportunities to Nees groes and other minority groups. Southerners on the a - tions group lost their fight to kill the FEPC grant in committee by a vote of 14 to 6. Senator Richard B. Russell (D. Ga.) promptly served notice that they would carry the fight to the senate floor, The House had disapproved the appropriation, Full senate consideration of the measure was tentatively set for Thursday. : Columbia Investment Co. Ine. 307 N, Pensylvania st, Indianapolis; it, O. Bogs
3 Ss, same address: 500 res $ $100 par value; to operate industrial loan. Kittle,
and investment business: John
eign landing rights by means of yim, J. Kistle, John 8. Kittle Jr.
Ewes (shorm) Good to cholce.. ............. tne 6.50 Common to medium......... «4 8.50 LAMBS Good to choice .............¢ [email protected] Good to medium ............ 10.00912.75 Medium .......c000000000 $.50@ 9.7% SPRING LAMBS Good to choice .............. 14.75@ 15.50 Medium to good . .. 13.0042 14.50 Common ..........ecocovnnnee 10.00912.75
U. S. STATEMENT
WASHINGTON, June 14 (U, P.).—Government expenses and receipts for the current fiscal year through June 12, compared with a year ago: This Year, Last Year. Expenses ....$87,975,112,857 $72,616,639 613 War Spending 82,176,148,057 67,275,004.888 eipts .... 38,750,035,681 18 367,762.967
Net Deficit .. 49,225,039,526 54,345,412,248 Cash Balance 7.209.761,308 11,092,532 707 Working Bal... 6,536.926,982 10,329 873.257
Public Debt .188.801,058.870 140,608,212.756 Gold Reserve. 21,211,652,745 23,407,554,400
INDIANAPOLIS CLEARING HOUSE
ress ssnasresanenaann
LOCAL PRODUCE
ysavy breed hens, 30s; Leghorn hens, C.
Ind Hydro Elee 7% 98% (coal mines compared with last year|{ern Association of Railroad and |17c Ind Gen Serv . .......o..... 107 3 ; Broil ers end roosters, under § Indpls P&L pid lio tls * 113 [and the normal working force in|Utilities Commissioners and thes. 200. tote springers, ‘INA P & L COM ovr veninins 16% 17% |the anthracite fleld has been cut|Southern Trafic league. State| Old roosters, eco 2 *Indpls Railw mol y ; ’ —No. ¢ o. | pindpls Railways comosooet B13 by 28,000 men. commissions have been divided. |e! No. a sta To to © !Indpls Water Class A com.... 17% 19 | Jeff Nat Lite com ci .ee 13 17 | Lincoln Loan Co sass pid... 5 97 .. 9 i Lincoln Na e Ins com.... 38% 42% N. S bk tf tf [*P R Mallory 4'2%........... 26% 28% ® Y. toc S ver Ising u ns a S IN a Maliory som, Cire a 26 Net | n ut erv 512% . N23, 105 e |X Ind Pub Serv 87 pd oe... 105 10713 High Low Last Change Offi M k Aw od |N Ind Pu erv T% ... .113¢ 115 Allig-Ch y { | Bub Serv of Ind 5%.... ‘10s 108 Am Can AN au bt : a Icers, a es ar 5 | Dub. Serv Ina COM ..vea-vea 378 18% Am Loco ... 18 17% 17% — VY 3 undry co . . 4 LY ER a dry ara 3 a An Rad 3 8 Hn jo is - 4 New officers were installed and Ad-of-the Month contest awards | Stokely Bros pr pt... S 18% 18% |Am T & T.a38% 158% 188% ia Were made at a dinner meeting of the advertising club of Indianapolis To . vi ne m To . y 1, Vg w= VY Dhaai a pes - Fy Am Water W , The Te Te — ie at Highland country club last night. {Van Camp Milk pf ..........100 ,..,. nacond . 3 ene - |Van Camp Milk com...... eee 31 . Aon % Co , 2 Ba A -— a Ernest J, Niebrand, advertising mai roch ’ BONDS Alchisey RI sve 8% 66 — Ys manager of Coca-Cola Bottling Co.,|® ling b ure prepared for , ) t efining .. 31 Ve 4 | |Algers Winew RR 44% Bald Loco ct . 20% 20 20% — 1a was installed as president; Louis D. the Hastings Manufacturing Co. by | American Loan 8s 81 ......... Ben Ind Loan . 18% 18% 18% .... i Keeling & Co. was the winner, and [Ch of Com Bidg Co 4% Bein Steel 7pf.120 120 120 + a Young, advertising manager of The|g, eight-page booklet prepared by [I y orde “ig ’ 4 ’ 3 | Citizens nd Tel 434s 61 Borg-Warner. 40° 30s FE + J%|Indianapolis Times, first vice presi-| The Studio Pres for Executone In 4 Asso Tel Co 3%s 0. | Caterpillar T 8% Ars 49% — %|dent; L. T. Sogard, copy chief of| Communication Systems was the | Indbds P &L oo 98 08% | Chiids _..... wa ae Tae Keeling & Co. second, vice presi-|runner-up. The Continental Opti- | sess. Curuss-Wr ...., 5¥% 5 S ste : . L. | napls Water Co 3s 6 lm 108 |SETURE Wn hE dent; H. L. (Speedy) Ross, Bozell &|cal Co. was the winner of the]: Ko komo a) Forks 53 58 108 10" Du Pome... 155% 156 + 3, |Jacobs advertising, secretary; D. V.|award in the outdoor, poster and reer Gen Ciga f..148%% 8% ~~ 4% Oar i ; Muncle Water Works Sa 06'L. 105 GT Ct Mf Mens 14 Mate — Ji |Kennedy, sales promotion manager|oar oard classification. N Ind Tel 4128 85 reer: 1 19%%|Gen Mowrs ..| 63% 62% 63% + % Of Packard Manufacturing Corp, ¥ Pub Serv of Ind 3%s 78 ......105 108% |3004rich ..... Ue 303% MB% ~~ 4 )treasurer, ; { 14 > yPar .e A " -— ¢ |Fub Tel 4%3 35 wis se 8110 103 {Greyhound Cp. 20% 0% 0% .... Three new directors installed were {Trac Term Corp 58 57 ....... 0’ Hazel AL Gi. 108% 108% 195% ...» |George Madden, advertising man- | ly 3 cv sine |U 8 Machine Corp 6s 52...... 99 103 | O er 13 113% 113% + ager of the Wm. H. Block Co.;l Johns-Man .., 98% 95 9% ~~ 1%!James J. Lee, manag Up to hoo pa Kennecott "1 30% 20% 0% — % Brown & Bigel les oa vosty Indlaronans fou, Soieags Basu 1-O-F Glass 31% 1 34 ace Se ow poi A. Stuts elevators paid $1.55 per bushel for No, 1 jockay Alrersfy 18% Wa " = eon, advertising ma r of the red wheat (other grades on thelr merits). | Nasn-Keivr .... 16% 15% 15% = A. Burdsal Co. L232 w oats, 79¢c, and No. 3 red oats, ait . Wasso the! 79c, No. 3 yellow shelled corn, $1.08 per Nat Bact cer FH 3% +414 *. The H. P. W n Co, won bushel and No. 2 white shelled corn, $1.24. | ¥ ¥ Central .. 18 17% 18 + Ad-of-the-Month award as well as Oliver Farm Bq 3h "a 7% «+++ (the newspaper classification. The Am Air. 32a 34 3 + Wm. H. Block Co. was given the| caer a 100% 188% sory frunner-up award in the newspaper n5 iu BE classification. The Ad-of-the-Month ’ 4 inh 31% + award for magazine and trade| srokis 10% ws 18 + paper advertising went to the 8 —-— Roger Beane rtisin agency i! a Wh 3% cc, lan advertise ave . dal La 1h 18 = ment for the Quality PE
JH
wnt The
Medium — 700-1100 pounds ....... veese. 13.50015.50 [companies if the board found them 1100-1300 POPNAS ...oeaeeens. ITS@ISIS| oaified mmon-—— 700-1100 pounds eis . [email protected]| Also, when asked whether existChol Butters ing law does not require the foster600- 800 POUNAS ...e.eersrone [email protected] | ing of competition, Mr. Pogue quoted 800-1000 Pounds .y...esvreer [email protected] 0 foo tutory mandate that there shall 600- 800 POUNAS ....ecesseeee [email protected] | be “competition to the extent neces000 pounds easessnssenes 15.00516.00 sary to assure sound development” Kant POUNdS ...eesesesess [email protected] (Of both foreign and domestic air $00. $00 Pounds .......s.ensn [email protected] | COMmerce. Cows (all weights) Lists 20 Routes waa 4 bbb ve AR [email protected] um - [email protected]] The board announced it had tenQuiter and common ..----: 00@ 8.00] tatively decided on 20 international Bulls (all weights) air routes it believed desirable for Beef t-war U. 8. operation. These Good (all htS) sesenees 12.009 13.50 | POS Bra as would girdle the globe and would Shongum 771s I0oe@io ns 30d 60.000 route miles to 80.000 Cutter and common ........ [email protected] miles heretofore operated. The CALVES aw plan was called a first draft and Veal ) - " Good th ch ers BI weigtny, 3081450 very elastic. Common to medium .... ..... [email protected] It is recognized, the board said, Feeder and Stocker Cattle and Calves that there must be agreements with many nations before these 0. purids scivrrreivs 1300014 35 |FOUtes can be inaugurated, but the Zo pounds .e..aveees ++. [email protected] hearings to begin soon will mean 500- 800 pounds ...... veeses. 11.750 13.00 | Just that much necessary procedure oe1050 pounds crsaseny seen [email protected] out of the way with a saving of S00-1000 POURS 4uiveecrene. 10.251L.78 time later. oMmmon — 800. 500 pounds ............ [email protected] The CAB called attention to a Calves (steers) government policy of acquiring for- | Good and Cholce— 500 pounds down ............ [email protected] Medium— 500 pounds down ............ 11.00€@13.235% Caives (heifers) Good and Choice— 500 pounds down ...........s 12.759 15.00 Medtum— 500 pounds down ............ 10.50@ 12.78
South
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