Indianapolis Times, Indianapolis, Marion County, 15 June 1944 — Page 20

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Battle Over Railroad Financing] Won by Midwestern Capitalists —_— By ROGER BUDROW=eeeee MIDWESTERN CAPITALISTS HAVE WON A FIGHT

with a group of New York investment bankers who, since

the beginning of the railroad

business, have had a virtual

monopoly on financing the railroads. The Midwestern people are Otis & Co. of Cleveland,

headed by Cyrus Eaton, and

Halsey, Stuart & Co. of Chi-

cago. The leader of the New York group is Morgan, Stanley & Co., an off-shoot of J. P. Morgan & Co.

The battle, according to Carl Newton, president of the Chesapeake & Ohio railroad, was an “old~

fashioned, bare-knuckle battle. The! blows traded and the blood drawn would have de-| lighted - John L.| Sullivan. But in| this battle the referee was the: interstate com -| merce commis-

sion. The purse runs well into the| millions.”

It was fought] over how railroad | securities should be sold. “Selling | railroad bonds,” says Mr. Newton, “is basically the same as selling cigarets, electric refrigerators, railroad tickets or any other article of commerce. The railroad has its own agents to sell transportation to its customers. But it doesn’t have the skilled personnel to sell bonds because it makes and sells bonds only once in a while. So, when it wants to sell bonds to the public, it calls in a middleman known as an ‘investment banker. “The railroad sells its bonds in a block to the, investment banker for spot cash, and lets him worry about wholesaling and retailing them to the public. The investment banker has his sales organization to reach the bond-buying upblic, just as the railroad has its sales organization to reach the transportation-buying public. “The investment banker, of course, must meet his own payroll and other expenses of doing business. And, just as any other merchant, he is entitled to a profit on the transaction. So he resells the bonds at g mark-up. That, in a nutshell, is a major part of railroad finance. There is no more mystery about it than there is in the sale of Ivory soap through a chain of corner grocery stores—except, of course, the bewildering language of the financial trade. “But investment bankers also give many railroads advice on the type of bonds so theyll be attractive to buyers. So when a railroad management calls in an investment banker for advice on what type of bonds it should make and sell, it consults the investment banker in a professional capacity, just as you call in a doctor or lawyer for his expert advice. But here is the rub: In advising a railroad on the salability of bonds, the investment bankers have advised it at what price the railroad ought to sell its bonds. Then, that same investment banker expects to be the buyer of those bonds at that price.” The C. & O. objected to this method, and wanted to sell its bonds to the highest bidder, not just the one banker who it had been dealing with, The battle has been going on since 1937. It just ended recently with the I. C. C. ruling that railroads ought to sell their securities through competitive bidding, finding that “it is reasonable to believe that normally higher prices can be obtained than at negotiated sales.” Ld = » ODDS AND ENDS: Helium, which cost $2500 a cubic foot 25 years 8go, now costs less than 2¢ for that amount; five plants are producing it for anti-sub blimps, barrage balloons, meteorological balloons, etc. . « Now that humid summer is here, cigaret manufacturers are leaving off the cellophane wrapping. « « . One aircraft company plans to give employees a two-week, ex-

BUSINESS CURVE DIPS DOWNWARD

Ayres Says Wartime Peak Was Reached Last

November.

CLEVELAND, June 15 (U. P).— Although business activity is still of boom proportions a “slowly declining trend” is developing, Brig. Gen. Leonard P. Ayres, vice president of the Cleveland Trust Co, said today. Industrial production reached its greatest volume last November, Gen. Ayres pointed out in his monthly business bulletin, and by April] 1044, had “declined” nearly 3 per] cent, “The same is true,” the general asserted, “of non-agricultural employment . . . and the output of munitions.” November, 1943, was also the high level for factory payrolls and inventories, he said, adding that payrolls since have declined about 4 per cent, and inventories 2 per cent. Discussing freight hauls by the nation’s railroads, Gen. Ayres made the assertion that the railroads originated “less freight” per capital of the population in 1943 than they did in the war years of 1917 and 1918. Distance Greater “We have been repeatedly told that all previous records for the moving of railroad freight were broken in 1943,” he said. “The reason why that is true is thdt the unit of measurement is the tonmile, or the hauling of one ton of revenue freight over the distance of one mile. . “In 1043 the average ton of freight was carried a much greater distance than in previous years, and it is the long hauls that are responsible for setting up new records.” In respect to military plane production, Gen. Ayres reported that during the past eight years the United States has built more aircraft than Germany, “but only about 19 per cent more.” U. S. Had Slow Start Asserting that from 1936 through 1940 the Nazis built “60,000 planes while we made about 14,000,” Gen. Ayres emphasized that the “data of German production may not be assumed to be fairly accurate and official though it is probable that they are reasonably reliable.” The facts indicate, he said, that when Hitler ordered the attack on Poland in 1939 German aircraft production had reached a high of 1500 a month “or more” while “our own productive capacity was not much more than 200 planes a month.” “Our production from 1936 to 1944 has amounted to some 168,000 planes and more than half of that huge total was produced in last year. At present our production of airplanes is more than 9000 a month, or at a rate of not far from 110,000 planes a year.” Nazi production, the general's figures show, top 150,000 planes in the same eight-year span. Farmers Lead Gen. Ayres, meanwhile said that the current wartime boom has upped tremendously wartime incomes, particularly among farmers. Incomes of farmers, he stated,

pense-paid vacation at war's end, thus providing an incentive to stick on the job and giving the company a. breather to plan placement of employees after war work ends. . . WPB says new electric irons should reach the stores months. . . . Agriculture Secretary Wickard says food production is up 32% over pre-war levels, could be increased 60% over peacetime levels in the next six years. cago stockyards, having to carry over about 30.000 unsold hogs daily, is hollering “Uncle!” to farmers.

HOTEL MAY BE SOLD 8AN FRANCISCO, June 15 (U. P.) —Reports that an eastern hotel syndicate was negotiating for the purchase of San Francisco's Hotel 8t. Frances circulated here today, and it was indicated that the pur-

chase price might be above $4,000,000.

tee tee eters

MORTGAG

WHI

LOANS

BHD

Get a LOCAL Loan

Why deal “out of town”? Celtic is making convenient LOCAL loans to home buyers daily—it's more convenient— interest reduces EACH MONTH ==you deal with local men right here at home—and payments include interest, principal, taxes and insurance. Come to Celtic Sor a LOCAL home loan. Marion County Homes Only

Competitive Interest Rates

in about three]

.. . The Chi-|

have “increased by greater percent- | ages than have those of wage and salary workers since war began in Europe in 1939” and both these increases surpass the net profits of

'| corporations.

“If the average quarterly incomes of each of the three groups in 1939 are taken as being equal to 100,” he said, “those that they received in the last quarter of 1943 are found to be 213 for the corporations, 242 for t {employees receiving salaries and wages, and 284 for the farm proprietors.”

LOCAL ISSUES

Nominal quotations furnished by Indian. apolis securities dealers.

{

{ Agents Pin Corp com | Agents Pin Corp pfd Belt R Btk Yds com ......... Belt R Stk Yds pfd .. Bobbs-Merrill com ..... Bobbs-Merrill 44% pid. Circle Theater com

| Delta Elec com

Hook Drug Co com ..

{ cee. 154 17% | Home T&T Ft Wayne 7% pfd 51% ..... Ind & Mich Elec 7% ptd..... 113 116% {Ind Asso Tel 5% pfd ....... 103 106 {Ind Hydro Elec 7% pfd ..... 95% 98% {Ind Gen Serv ............... 05% 107 | Indpls P&L pid .

Ind P& L com .... *Indpls Railways’ com . Indpis Water pfd .. .........108 ‘eu Indpls Water Class A com.... 17% 19 id Nat Lite com ne

| |

15 oln Loan Co 5%% pfd... 93 97 incoln Nat Life Ins com.... 38% 432% *P R Mallory 4%%........... 27% 29 *P R Mallory com........... 5 26% N Ind Pub Serv 5%% ....... 102% 105 N Ind Pub Serv 67% pfd...... 108% 107% N Ind Pub Serv 7 13% 115 Pub Berv of Ind 5% 5 08

. sas 6 . ve : pig bs 83...000

..|1942, these products brought $266,- .| 000,

_| broilers.

. 000 last year compared with $16,.1548,000 in 1942,

...|dozen eggs, averaging 35.2 cents pe

—————— 2 ¥

Unaffiliated Unions Seek Place on Labor Dept.

Committee.

By Scripps-Howard Newspaper Alliance WASHINGTON, June 15.—Independent unions, which have been demanding without success equal recognition with the A. F. of L. and the C. I. O. in the war labor board’s membership, have begun to extend their campaign to other governmental agencies that now uniformly. confine direct labor representation to the largest labor organizations, Donald F. Cameron, secretarytreasurer of the Confederated Unions of America, today made a formal request to the department of labor for representation on the standing committee of the department’s bureau of labor statistics. This committee is now composed -of representatives of the A. F. of L., C. I. O. and railway labor organizations. Mr. Cameron declared that the confederation represents more than 500,000 members, that it is more diversified than any other independent group, and that “we are entitled to the same "consideration and representation as other major labor organizations.”

Cites C. 1. 0. Official

This request put up to Secretary of Labor Frances Perkins a question that she has previously met with statements that labor as well at management members of the war labor board are public officials, rather than spokesmen of the groups from which they were nominated. The confederation also made public a statement by a C. I. O. repre- | sentative which it said proved its| argument that the major labor! bodies are using their participation in government agencies to discourage the growth of groups not affiliated with them. The C. U. A. quoted Herbert Lieberum, C. I. O. representative on the Chicago regional war labor board, as stating in a printed publication: “In a great many instances the problems of the unorganized groups as well as the independent organizations are not properly presented by the labor members of the board because they do not have the necessary contacts through affiliations to learn the problems that are peculiar to the particular groups. “Affiliation with the major labor organizations offers this advantage to all unorganized or independent organizational groups. Alert independent unions are seeking affiliation with the major labor organizations and are benefitting by having their interests presented at the war labor board, the war production board, war manpower and other governmental agencies in which labor has an interest.”

———————————————————————————————

HOWE CUTS DIVIDEND

NEW YORK, June 15 (U. P).— Directors of Howe Sound Co. today reduced the quarterly dividend on the capital stock to 50 cents a share from the regular quarterly rate of 75 cents a share previously in effect. The disbursement will be made June 30 to stockholders of record June 23.

28% wn [1% | us es\ e\ ux - TOTAL £1 147, i 9% CJ] w% | 8%) 8% 8%\ NIN 12% ehebeny = = AGRITans] CULT-| ALL MANUFACTURING roet-{ URE SOURCE: U. S. DEPARTMENT OF COMMERCE . ~ ol NIC BY PICK-S, 8. V.

FLOUR MILLERS WIN U.S. SU

Acme-Evans in Price-Fixing Case Where Judge

Reverses Jury.

CHICAGO, June 15 (U. P.).—Defendants in the government's conspiracy suit against 15 milling corporations, were cleared today of charges that they had conspired to fix the price of flour. Federal Judge Philip L. Sullivan reversed a jury's guilty verdict late yesterday and granted a defense motion for dismissal. “I have given the evidenge presented by the government a great deal of consideration,” Sullivan said, “and I became convinced that I should have directed dismissal of the case.” The government had charged the defendants with controlling the price of 99 per cent of the family package flour in the United States. The millers claimed the necessity for using different types of materials for blending made price fixing impossible. ‘Defendants included the AcmeEvans Co. of Indianapclis and the Co-Operative Mills, Inc., of Auburn, Ind. a

Acme-Evans officials said pricefixing was not the basis of the suit but that the defendants “were charged with violating the Sherman anti-trust act in publishing and adhering to a flour package differ-

the price to be charged by millers for packaging bulk flour into various size family flour packages.”

SKIPS CASH DIVIDEND

NEW YORK, June 15 (U. P.).— Anticipating a rise in post-war business, Autocar Co. has decided

ential schedule which determiness

Cut Egg Prices, Willis Urges

WASHINGTON, June 15 (U. P). —The government now owns 5,300,000 cases of eggs and is purchasing 53 carloads weekly to relieve distressed localities, according to Senator Raymond E. Willis (R. Ind). To avoid spoilage, Willis said, the government is freezing 65 cars daily for lend-lease, army and navy and export use. Urging restoration of the “oldfashioned” economic law of supply and demand, Willis said that if the American people can be given “inducements in the time-honored way of lowered prices, the egg surplus will disappear.” Willis asserted that the war food administration’s program of support prices for eggs had left the market in “an awful scramble.”

NEW CASTLE PLANT GETS BIG SHELL JOB

DETROIT, June 15 (U.P.).—F. J. Lamborn, vice president and general manager of Dodge division, announced today that production of

craft shell will get under way soon at Chrysler Corp.'s New Castle, Ind., plant. Authorized by the ordnance department to make the announcement, Lamborn said ammunition assignment calls for output of “millions of shells at a rate of hundreds of thousands a month.” He said that during the past two years the plant has produced another type of 20 mm. anti-aircraft shell, and is turning out armorpiercing cores for 50 caliber bullets used in army and navy airplane machine guns.

N. Y. Stocks

Net Low Last Change

High to eliminate payment of cash divi-|Allis-Chalm ev 111 1 i CADMAN JOINS KAISER |dends on the common stock for(A™ Con 9, 1, Ti L''y, 1944 and instead will pay a stock|Am Rad&ss .. 11 10% 11 cee SAN FRANCISCO, June 15 (U.P.). dividend of a new cl Am Roll Mill.. 14% 14'2 14% .... —Hen i i class of preferred |,n Top... 159% 158% 150 + Ya ry J. Kaiser, west coast indus- mn T® : p Co ’ stock in a move to conserve cash{am Tob B .... 70% 70% 70% + % trialist, announced today that Dr. : Water W.. 73 % 1% — Paul F. Cadman, economist of the | working capital, President Robert Anaconda 38% BK Ba... : , ‘the p page Jr, jor 9% 3h 23%. ... American Bankers association, ge Ir. td Told stockholders today. Ar Coat asia 651s —_ Would become associated with him| Mission Oil Co. 1943 net income At Befinin ... 30% 30% 30% + 1 . . ‘e . - os Q rector of PeSeatit and assistant $280,682 or 82 cents a share vs. $256,- | Bendix Avn ... 18% 18% 15% — h e preside i Borden ....... 32% 32 Fo president, effective July 1. 1393 or 75 cents in 1943. Borg. Warner 207s wi 0% = Cat il . 4 . — ° . Ches *& Ohio 5 4 $y -_ 4 Indiana Farm Income Hit EL Douglas Airc.. 51 50% 51 -— 1 Du Pont -...... 158% 157 158% + % New Peak . ‘43 i Sonam Sos Hd Sore ATA H ch ..... —- 4 in 1 ogs Lead Goodyear ..... 48Y, 48 48 — 3 Greyhound 2015 20% 20% + CT orpraina ae mT ol Times Special Sonne Man... 98% oi 90% + 1 LAFAYETTE, Ind, June 15—To the widely diversified farming of Kennecott 304 Ww Wn. — 8 Indiana is attributed the fact that last year, the cash farm income from LoS op: 3 3 5 ot % | marketing of crops and livestock and government payments in the state Lockheed Aircr 15% 14 Hu + n reached a new record total of $656,286,000, including government pay- (Martin (Glenn) 18% 18% 18% — i |ments of $28929,000. The income from livestock and livestock products|Nash-Kelv .... 15% 15% 18% + ta alone was 3482508000. Comparative figures for 1942 show a total of hat Bisiies bis Bop Mis © i |$567,818,000. Government payments were $25,163,000 N Y Central ... 177% 17% 17% .... livestock products income totaled 0, 22a Mvesteck nd Oliver Farm Xa 534 S34 S33 4. 5 |$416,613,000. This was shown in a Pan Am Air... 33% 31% 32% .... . 16,608,000 pounds of commercial|pan Cee. 101 100% 101 + report received by Purdue univer-| broilers were sold in Indiana last|benn RR Li... 29% 29° 2% + |sity from the U. S. bureau of agri- year, at an average of 28.3 cents Phelps Dodge.. 21% 21% 21% + Y | eeliura) economics, per pound, bringing $5,540,000 in|Pulman .o.. 4s 441 HE = % Hogs continued to be the highest all. In 1942 15,180,000 pounds at | Eure Oil ...... 16% 16% 16% eee single source of income, totaling 23] cents "per pound brought Bera? Ton Bd Sau 335 = i $224,706,000 in 1943 as compared to $3507 000 HBAY server tne 0% Jo 1% + % |$202,678,000 in 1942. om South ac. ove 20% 30 oe | Second in line were.dairy prod- Cattle Income Off SU Brande Jl Nh NA.t 3 ucts, with a grand total of $90,557,-| There was a slight drop in the|Sd Off Ind 33% 33% 33% — % 000 last v Std Oil (N J). 57% 51% 51% + Y ast year, an increase of $13,- total income from sales of cattle|Tenn Corp .... 11 11 11 “hay 831,000 above the 1942 figure of $76.- I Conrox 38 IN 2% + Fan 0. Of these totals, farm but- afk Re or igs: Reine, or U § Steel on 4% 4% 34% — er brought in $285,000 in 1943, with » at $68,045,000 aga b= | westing Ei. 10358 10 - ’ ve 1013 0 $12,152,000 from butterfat, $70,560,-|000 for 1942, Zenith Rad 40a 40 40° + 000 from wholesale milk, and| A slight increase was shown in $7,560,000 from retail milk. In|income from sheep, the compara- WAGON WHEAT

$10,394,000, $58,526,000 $7,540,000, respectively.

Poultry Third

The third ranking farm industry in the state, in total cash income, was poultry, with ‘a total of $83,944,000 from sales of eggs, chickens and This was a considerable rise over the 1942 total of $54,806,000. The price ‘of chickens jumped 18.6 cents per pound in 1942 to 24.7 cents per pound last year. In addition, the pounds of chickens sold showed an increase from 88,974,000 to 112,886,000. As a consequence, the total receipts from chickens was $27,883,-

and

Egg figures show that 143,500,000

dozen, totaled $50,512,000 in 1943. With an average price of 28.1 cents per dozen in 1042, 123,667,000 dozen

tive figures being $7,493,000 for last year and $7,211,000 the year before. There was a decrease in the income from wool, the 1943 amount of $2,241,000 falling from $2,416,000 in 1942, Estimated cash income from the

Up to the close of the Chicago market today, Indianapolis flour mills and grain elevators paid $1.54 per bushel for No. 1 red wheat (other grades on their merits). No. iy 5 79¢, and No. 3 red oats, e . 3 yéllow shelled corn, $1.08 bushel and No. 2 white shelled corn, $124.

principal crops grown in last year, include: Corn, $40,515,000; soybeans, $37,466,000; truck for processing, $11,664,000; wheat,

market, $8,610,000; oats, $6,037,000;

$10,838,000; truck crops for fresh

potatoes, $4,020000; total fruits] Brerercn® $3,807,000; tobacco, $3,326,000; hay,

The

the State

a new type 20 millimeter anti-air-|S

| LINOLEU

eggs brought $34,750,000. A total of |

$3,605,000; red clover seed, $1,019, 000; and miscellaneous crops, which includes sugar beets, peppermint, popcorn, hemp and forest, nursery| and greenhouse products, $12,812,000.|

dW.

v2 ome

wns

ts soountin

146 E£. Wi

BUSINESS

You Save B ’e Save ee ceause We Sane

6575 More Hogs Received

"At Local Stockyards . Today.

There were 6000 hogs held over at the Indianapolis stockyards from yesterday and 6575 more arrived today, the war food administration

were unchanged . Receipts cluded 950 cattle, 725 calves

BE Ti ;

CHOICE HOGS (6375)

: 2

g32888es a

ggazEtaase i &

8 # 87s ¥ 8

«+» [email protected] . [email protected]

. 10.50@10.

400- 450 pounds ........ sere 10.50910.60 450- 500 pounds .....esivvens [email protected] Medium— 250- 450 pounds .....c..vvuun [email protected] Slaughter Pigs Medium and 120 pounds ...........vs [email protected] CATTLE (950) Cholce— Steers 700- 900 pounds .......eee0ee [email protected]

. [email protected]

1100-1300 pounds EA ET [email protected]

1300-1500 pounds . .. [email protected] Goo. 900 [email protected] 700- 900 pounds ....coccnesee S 2 900-1100 pounds .....e«. essen 15.500 16.50 1100-1300 pounds ....eeceanves [email protected] 1300-1600 DOUNAS «cvecvscsesss [email protected] Medium— 700-1100 pounds ..... esssesss 13.50015.50 1100-1300 pounds ........ eeees [email protected] Common— 700-1100 pounds ........ caves [email protected] Heifers Cholce— 600- 800 pounds ...... esesess [email protected] 800-1100 pounds .......ese0s: 16.00@ 186. Good~— 600- 800 pounds ....... eeenee [email protected]

800-1000 pounds .... Medium — 500- 900 pounds .... Common

eves 15.009016.00 wensseees [email protected] [email protected]

KIOOB + cevcoeqrivsnninerngrine [email protected] Medium .........covviencnnnees [email protected] Cutter and common «......... 8.0062 10.00 CBRNE ou ycennssrinsserreres 8.00 Best Bulls (all weights) eof Good (all weights) ........ 12.00013.50 Sausage GOOB ...vovasveinsesniinins [email protected] BUI, aires Vena fea, [email protected] Cutter and common ....... 7.00@ 9.75 CALVES (725) Vealers (all weights) Good to choice .........c0vune 50916.00 Common to medium ... + 9.00915.00 CUBE u. icuvseiisssnns ans nes 7.00@ 8.50 Feeder and Stocker Cattle and Calves Steers Cholce— 500- 800 pounds 3.00014.25 300-1080 pounds .... [email protected] 500- 800 pounds ......es.. ee. [email protected] 800-1050 pounds .....esaveeen 11.75@ 13.00 Medium — 500-1000 pounds ...ceec.0000. 10.25910.75 Common— 500- 900 pounds ......cc0uunn [email protected] Calves (steers) Good and Choice 500 pounds dOWR ..........4, [email protected]% Medium— 500 pounds down ............ [email protected] Caives (heifers) Good and Choice— 500 pounds dOWD ..........00 [email protected] Medlum— 500 pounds down ............ 10.50@ 12.75 SHEEP AND LAMBS (275) Ewes (shorm) Good to choice... ........ .. 550@ 6.50 |Common to medium 4.00@ 5.50 LAMBS Good to choice ..... Cevescerey 13.00§13.50 Good to medium ..........0n 10.90©12.76 Medium .o.vvivvnrveivacransne 8.50@ 9.75 SPRING LAMBS Good to choice [email protected] Medium to good .. 13.00%314.50 Common 10.00912.75

U. S. STATEMENT

Broflers, fryers ¢nd roosters, under 8 Ibs.. 39c. Leghorn springers, 26e. Old roosters, 14c.

Butter—No. 1, 850s. Butterfat—No. 1, 49¢c: No. 2. 46c. i BROKEN LENSES : REPLACED

- BRING IN THE PIECES

DR. JOS. E. KERNEL

TRACTION TERMINAL BLDG. mm

To Keep Valuables Safe Rent a Safe Deposit Box at

x THE INDIANA NATIONAL BANK of Indianapolis

A SAFE DEPOSIT

- IS LOW-COST BOX INSURANCE

9 Different Bises $3 to $100 a Year Member Federal Deposit

Security Trust Co. 150 £. Washington

Terre Haute. may (Terre Haute papers please May, mother Edward

husband of Nellie P. 0 of Mrs. Rosemary Grabhorn and John C. Judkins, stepfather of Lee, brother of Mrs. Hattie L. Mrs. Irene Knei , Mrs. Elsie Salient,

LYNCH-Mrs. Ida L., mother of Mrs Harry Bryant, sister of Mrs. Mary Donshue, passed away in Albuquerque, N. M. Services at Manner & Buchanan Mortuary Friday, 2 p. m. Friends in. vited. Burial Anderson ceme y Friends may ,call at mortuary after Thursday noon.

ROUTT-T. Sgt. Thomas Walker, beloved

Joan and Linwood Routt, grandson of Mr. and Mrs. W. D. Routt and Mr. and Mrs. T. A. Young, both of Danville, Ky., assed away. Service Saturday, 10 a.m, rove Methodist church. Burial

st., yy. 3 sl Crown HI. at the “Chapel of the Chimes.” ara A. mother of Ada MarMrs. Ruth Smith

Charles Clickner, died at her hy 13¢ W. 30th st, Wednesday. Saturday, 9:30, at the Kirby Mortuary, Meridian at 19th st.; 10 a. m., 88. and Paul cathedral. Interment Cross cemetery, Priends may call at mortuary.

CARDS OF THANKS §

BRUNNING—Robert George, 8 3-c. We wish to thank our many relatives and friends and neighbors for their kindness

. We especially thank the priest and sisters of St. Patrick's Shun. MOTHER, FATHER, BROTHER

WILLIAMSON—I wish to sxpress my sincere thanks and appfeciation for many ve and beau

WASHINGTON, June 15 (uv. .).—aov-| $20 REWARD FOR LOST DOG ernment expenses and receipts for the! «LASSIE"—Small , 1 year old; current fiscal year through June 13 part shepherd or collie; white and black compared with a year ago: with flowing white tail, brown ears. Call This Year. Last Year. |[Hapgood, GA-4180. > Expenses ... $88.437,415,808 $72,941,416,707 nh War Bpending 82.615.474.376 671.584.622.467 Strayed English Bull oy 34 Receipts ..... ,904,680,536 18,363,607,282| Black collar; last seen Ritter and Net Deficit .. 49.442,607,621 54,574.346,025| Washington; name ‘Bozo. Reward ie Bai 6.388,021'890 10,130,007 923 | Corry: Working Bal.. 6,388,021, ,130,607, wo, Public. Debt 188.996.811.520 140.747.944.953 | opr. BUliol with _ identification, ~ To: Gold Reserve. 21,212,131,012 22,407,420,713| pg ug, 7.0. Box 418, Ohi . cothe, 5: Rew gt $10 for return INDIANAPOLIS CLEARING HOUSE a Tap RE ET CIEATIDES ..eveensennsancnnin 8 5.114.000 LO ip ining valuable Debits ...10L ii ITS ney. Return Dillfald and con: tents. Reward. MA-8509. LOCAL PRODUCE |LoST—Man's brown leather ® EE oe a i ly n' jHeavy breed hens, 20c; Leghorn bens.| Gress 5530 E. 30th. CH-8179-R3 C

REWARD—WIll give price of dress, for

> ws ~~ 45.N. Penn.

32% W. Washington

2403 x Darke & Sons Cinrs,, 2659 Shelby

COLORED WOMEN

To Work 5:30 P. M. to 11:30 P. ML. Apply Mr. Hocker

PROGRESS LAUNDRY “ 430 E. Market

COMPTOMETER OPERATORS :

Have perminent pos! scoounting department. Excellent working - conditions; good houry and pay. ; Apply Mr. Pantus POLAR ICE & FUEL 2000 :

Northwestern

and Vestal, grandmother of Rose Vestal, sister of Mayme}

Puneral| -

{For light factory werk,

Bo! h ferences. COOK C00 waren Brisas

CURB GIRLS WA-6440 Experienced Sandwich Maker : CALL TA-3M8 2 GUARANTY : 20 N. x FU ; * op salary, §', da INDIANA FUR CO. 114 E. Washington

General Office Work We have a permanent position for a girl between the ages of 18 and 40, no experience Deces- i sary. J Sturacy in Afutes, sential, Cook corps $90 B. or phone MA-3104 Tor 2. Cobra.

GENERAL FACTORY HELP

All departments. Will train if not now employed in essential inHustry. Bring availability papers.

Thomas & Skinner Steel Products Co.

1120 EB. 23rd. }

—@IRLS —

Experience not necessary. ... Towel fo of MECHANICS UNIFORM

AND WIPER SUPPLY ? 313 N. Noble.

GIRLS 18-30

Steady employment: learn to operate machines; clean, easy work. Time and 8 half for overtime, Based on 5-day, 40-hour week.

Central States Envelope Co. 16 $. Sherman Drive

OIRL to care for children week-ends. Refsfences, Must like children, 802 B. Taft

GIRLS

no ex- ; S-day week,

perience necesary Straight time or piece work.

The Geo. F. Cram Co. 730 E. Wash., 3d floor.

GIRL 16 or Over

for light office work and use adding machine. Pleasant surroundings. See

s wife's allotment. Reward. FR-3848. TOST—Girl's ring, sapphire with gold band, Sunday at West ke shelter house. Reward. BE-1874. LOST — Diamond Gruen wrist watch, Thursday a. m. Vicinity Woolworth's or 8. Meridian. Reward. LI-8133.

TOBT—Male fox terrier, black and Wits, 18 Lo RI-4764. on x. Bears ey. cin Bid’ Reward

COBT—Ladys black leather purse. Three| Sisters” serviceman’

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