Indianapolis Times, Indianapolis, Marion County, 31 October 1944 — Page 6

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suo wN samy |

*Jook how he ended up—with his

. make-up that made a summer tan

‘Local

latrines to earn college tuition

to fool around with some crazy idea that won't make you}

PORKER TRADING IS ACTIVE HERE

a living, Raymond Binney did that. And name in half the newspapers of the land! It seems this quiet 38-year-old fellow doing g research at Homer Capehart’s Packard” Manufacturing Corp. thinks he has a way to make television , practical in a very short while, a way to have national television : shows like our present big time Betty Binney radio programs, without having to build hundreds of expensive television stations or a nation-wide neilwork of special television cables. . Of course, it won't work” Binney and his co-workers have been told that by any number of engineers. They even called up after the story in the papers over the week-end. A local man, connected with a well-known concern interested in television, pooh-poohed Binney’s

idea. New York offices of national 3

magazines called up to .get more details than the wire stories car-

ried and you could tell they couldn't |3

quite believe that somebody out in Indianapolis had cleared the big hurdle that has stymied television «good images at low cost. 2 8 8 ONE FELLOW with the A. T. & T. whose wires would be used by Binney’s development, said “If you can do half of what you say you can, you've got the world by the pants.” Binney just laps up challenges like that, and shows you the photograph of the televised image of his daughtermodel Betty (above) as proof his idea works and then quotes Edison: “When the mind conceives, the hand can do.” se 85 =»

THE WAY they make up models for a television broadcast is enough to make a man shudder. At Saturday’s demonstration for newspaper and fadio men, Binney's daughter wore a lipstick that looked

purple when she stepped away from | Good—

the bright lights. She had a facial version of leg

look pale. Eyebrows, eyelashes and even a few shadow spots were

painted on. Took her half an hour, Sead ~ she said. It looked it.

8» THE POINT of bringing all the |B8eef.

make-up part in is that it shows that, even if the laboratories and the factories are nearly ready to bring up. popular television at a reasonable price, there is much to learn in producing the shows.

Textiles dod*t all show up the|Culls

same, pigments have to be studied— there are so many to be learned yet. If television really is

years nearer, due to Binney’s dis-|gGood—

covery, then it means that the industry and all its off-shoots, will have to telescope their planning. to| 200 be ready technically on time,

BINNEY’S INVENTION is a Vacuum tube circuit. Like to know more about it? So would a lot of other people and Binney isn’t talking. The patent application is in the hands of U. S. patent office examiners now, Anyway, it would take only a week or so to equip a radio station with the circuit so it could broadcast television, And it could be built into post-war radios at little extra cost. 8s SOME SCOFFERS said that it is all very well to send a television image over 12 miles of telephone wire here in Indianapolis, as was

done Saturday, but how about longer’

distances? Well, they've done it over 50 miles of wire strung back and forth across the laboratory ceiling and Binney doesn’t see any limit yet.

Incorporations

Parcel Dispatch, Inc., 766 Massachusetts ave. Indianapolis; agent, Virgil T. Catterlin, same address; 1000 shares without gary value, to transport personal property; bp, T. Catterlin, Willlam Lewis, . Kealing. Sa Products, Inc.” 613 State Life bldg., Indianapolis; agent, William E. Call, same address; 1000 shares without par value; general manufacturing business; William E. Cali, Frederick E. Gates, Garth B. Melson. B and F Lumber Co., Inc., 121 W. Kirkwood st, Bloomington: agent, Donald Hansen, same address; 1000 shares of $5 par value; lumber business; Donald Hansen, Orlan Beatty, G. Kent Carter.

LINOLEUM

6 Ft, 9 Ft, 12 Ft, Widths

Large Selection of Inlald Immediate - Installation! FREE DELIVERY!

Jordan Linoleum Co.

Inventor of New Television Principle Has Plenty of Scoffers

HOW TO BE AN INVENTOR: Get kicked out of high school, knock around the world as a merchant seaman, mop

, then quit before graduating

ithe decline in prices which began

Good to + 1270- 300 pounds . [email protected]

Ray I

[343 Nat Life com........ ee.

Price Decline Halts’ With Top at $13.75; 8300 Hogs Held Over.

Hog trading was active at the Indianapolis stockyards today as

last Wednesday came to a halt with the top at $13.75 on 160 to 240pounders, the war food administration reported. There were 8300 hogs held over from yesterday and 10,500 received today. The market remained steady. Other receipts included 2150 eats tle, 600 calves and 1700 sheep.

GOOD TO CHOICE HOGS (10,500) pounds [email protected] pounds +» [email protected] pounds 3.7% pounds pounds pounds pounds .. 00 pounds . pounds pounds Yoo 32 pounds [email protected] Packing Sows Choice—~ .. . 300- 330 pounds . [email protected] 330- 360 Tt sesns + [email protected] 36. | 400 pounds .evsesssvees. [email protected]{

4000 450 pounds «.avseserresss [email protected] 150 S30 pounds cieescsnvess. 13.25 [email protected]

Slaughter Pigs Medium to choice— 90- 120 pounds ..s...e0ennnn

CATTLE (2150)

[email protected]

[email protected] . 8. Sod 1. 3

75@18 6 15@18. 2 12. 1516.50 [email protected] [email protected] [email protected]

[email protected] [email protected]

[email protected]

1300-1500 pounds ... Good—

700- 900 pounds ..eveeecosess 900-1100 pounds ..coeovesanese 1100-1300 pounds s.ceeveevnves 1300-1500 POUNAS .svqecscovcas Medium-700-1100 pounds ...eesseeess 1100-1300 pounds . Common 700-1100 pounds

Sanne

Heifers Chofoe— 600. 800 poun everaevetones

ds [email protected] 800-1000 POUNdS sesssisevnons

[email protected]

[email protected] [email protected]

10.009 13.75 [email protected]

600- 800 pOUNAS ..eceovensses 800-1000 POUNAS secosevsocece Medium— S00 =

500- 900" pounds Cows (all weights)

pounds sscapecsstns

. 10.75@1 um ¥ ther and common .

Bulls (all weights)

Good (811 Welghts) vuvenes 10. Saus 4 Good evista Cutter and common CALVES (600) Vealers (all weights) Good to choice i Common to medium .

Steers Cholce— 500- 800

dS iiecincesesss [email protected] 800-1050 Pounds

esssssasesse [email protected] 500- 800 POUNAS «vovessesses 10.00@10. 00.2000 poun cssesecesnses Hag » 500-1000 pOUNAS cesecessssces 8.715@10.% 1.50@ 8.75

[email protected] 9.00011.25

500 pounds dOWD «..eseccens

jum— Calves (heifers)

d and Choice 0 00 pounds dOV ..ivevesons . [email protected]

ium Negi £[email protected] SHEEP AND LAMBS (1700)

Ewes (shorm)

Good to choice Common to medium

Good and choice Medium and good

LOCAL ISSUES

Nominal quotations furnished by Indianapolis securities dealers, Bd Asked

Agents Fin Corp com Agents Fin Corp pd,

Bobbs-Meérrill 41; pid Central Soya com Circle Theater com Comwlith Loan 5% pfd

16%2 Home T&T Ft Wayie 1% pid. 651% *Ind Asso Tel 5% pfd 1 Ind Gen 8

Indpls P & L pid .. Indpls P & L com... ndpls Railways com Indpls Water pfd Indpls Water Class A com Jefl Nat Life com ress Lincoln Loan Co 514% pfd “es P R Mallory 422% ....... P R Mallory com .... *N Ind Pub Serv §% Pub Serv Ind 5% Pub Serv of Ind com. Progress Laundry com. . Ross Gear & Tool com.. So Ind G & E 48% as Bros be pt United Tel Co 59 Union Title com

Algers Wins'w RR $a% American Loan 5s 51.. American Loan 55.46. Ch of Com Bldg 4!2s 6 Citizens Ind Tel 4%s 61.. Consol Fin 5s 50 . . Ind Asso Tel Co 3%s 10. .

Ye 70 -.. Indpls Railways Co” 5s 67. Indpls Water Co 3'as 63 Kokomo Water Wks 5s 58 Kuhner Packin Muncie Water Ind Pub Sery 3% Ya 8. Pub Tel 4'%s

+1100 Richmond Water Ju, 5s 57.... Trac Term Corp 5s 5

207 W. Wash. 5t. Opposite Statehouse

U 8 Machine Corp 2 52

*Ex-dividend.

Estates Loan Company, Inc.

AUTOS—_FURNITURE DIAMONDS

. PERSONAL LOANS -

For Prompt, Friendly Service Call, Write or Phone MALIT88

The diagram, lower

Photos and sketches. above show some of the innovations the Pullman Co. has now in experimental service. Photo at upper left shows new type car, with six passenger compartments. At night, compartments are converted into sleépers, with berths in three tiers, as shown in diagram, upper right. . Sketch at lower left shows new “Threedex” commuter coach, with two game rooms at left on middle deck, and stairways leading to upper and lower seat decks. coach, which provides Pullman comfort at a minimum cost.

right, shows the new “day-night”

CRITICIZES JOBS GIVEN TO VETS

DAV Says Business Rushes Men Into Unsuitable

Employment.

NEW YORK, Oct. 31 (U. P).— Milton D. Cohn, national commander of the Disabled American Veterans, charged today that because of the manpower shortage, industry was rushing disabled veterans into jobs unsuited to them and as a result many veterans were “falling by the wayside after three

or four months.” He said the D. A. V. was pushing legislation to provide adequate allowances for dependents of disabled veterans and for better vocational educaitonal opportunities. “I saw one man with arthritis in both knees, a veteran of this war, in a stand-up job at a war plant only last week,” Cohn said. “I asked the company why he could not have a sit-down job and they said it was up to him whether he took the job or not. Industry as a whole is not using enough consideration in placing disabled veterans.”

Overall Program Urged Cohn said that because no family allowance was granted disabled veterans and because the vocational pay and allowances were less than after world war I, the men were returning to industry too quickly. He urged that the overall employment program for veterans be streamlined and said that there were 237 national agencies all “‘competing” with each other to help the veterans which caused confusion. He also urged that a clearer priority be given to disabled veterans in civil service lists. The D. A. V., Cohh announced, has begun a training program of five months academic work at American university, Washington, D. C.,

-----1and 18 months on-the-job training gi; {under the supervision of D. A. V. 3

service officers to help disabled vet-

"COLLAPSIBLE WATER

TANK IS PRODUCED

NEW YORK; Oct. 31 (U. P.).—U. S. Rubber Co. has announced that

“it is producing a new 150-gallon col-

lapsible cloth and rubber tank for

.|use by the army air force ground

crews to help -in eliminating the dust hazard on newly made and

.|captured air fields in war areas,

The tank, which also will be used

84 Ya to carry the army's water supply

as troops advance, is made from an

51; | eight-ounce duck cloth and coated 91

with synthetic rubber. - Measuring 56 inches long, 39 inches wide and

‘116 inches high, it-is equipped with

three 2%-inch valves, One valve

is used for intake of water, one for

gE air vent and the other for attach- §| ment of a spray pipe.

A carrying case has been specially designed which is fully equipped

with spray pipe, assembly tools and

a repair kit which contains selfcuring cement, sand paper and brush. An instruction book is enclosed to expedite repairs should the tank be pierced by ‘either bullets or shrapnel.

LOCAL PRODUCE

wn breed hens, 22¢. Leghorn hens,

912 Kahn Bld

Soviet's Absence Discucsad As Air Planners Gather

CHICAGO, Oct. 31 (U. P.).—Russia’s refusal to participate was the chief topic under discussion among the early arrivals gathered here today for thé opening of the international civil aviation conference to-

MOTTOW, Representatives of more thancountries will participate in the pact of the peace settlement of world war II. The conference will begin with a welcoming address by Adolf Berle Jr., assistant secretary of state and chairman of the American delegation who will act as temporary president. A delegate of one European neutral not “blacklisted” by Russia said frankly he thought the conference would be vitally affected by the absence of one of the big four on whose co-operation rests the lion's share in formulating the peace settlement. The spokesman for another neutral European delegation which Russia also failed to classify as “unfriendly” said, however, that the absence of the Soviets should not Sause the conference to fall short of its aim to establish world-wide air services on a “provisional basis.” Satisfactory bilateral arangements could be worked out with Russia later, he presumed.

Daily Press Conferences Set

Lincoln White, press officer for the U. 8. representation, said that arrangements for the conference are about completed. Other sources reported that Berle will insist on having the conference as “wide open” to the press as possible. was pointed out, however, that the assent of other delegates will be necessary. White has stated that he expects to hold daily press conferences at which U. S. delegates and various committee chairmen will explain latest developments.

Birtish IdeasOpposed

The few delegates and observers who have arrived here predict that the main business before the conference will be to close the wide gap between Britain and America on the question of how much control should be lodged in an international aeronautical body,

The U. 8S. has no sympathy for the rigid system proposed by Britain and supported by Canada, New Zealand, Australia and other units of the empire. American officials were said to be confident of Latin American and Scandanavian support for their “open skies” principle under which “commercial need” would be the chief factor determining where, when and how airlines might fly and. do business, subject to “reasonable” regulations by individual countries.

Transport Expansion Sought The U., 8. will seek multilateral agreements on a national and most-

favored nation basis under which world-wide commercial air trans-

port would be restored and ex-|req

panded immediately on a provisional basis at least. The Swedish delegation, headed by Ranger. Kumlin, minister to Brazil, was among the early arrivals and was reported particularly favorable to the U. S. viewpoint, Commercial airline officials were preparing to conduct the delegations on inspection tours of airports and manufacturing plants in the Chiea area.

U.S. STATEMENT

WASHINGTON, Oct. 31 (U. P).—Gov-

ernment expenses and receipts for the|:

current fiscal year through Oct. 28, compared with a year ago

is ¥ Last Yea! ..$31,432, 128, 100 $29, 5.166,008, ors

» 12,420,931,790 12, 104, 150, pH 19,011,196,309 17,061,855, 748 Cash Balance 10,293, 936, 686 19 482,022,767 Working B Public Debt. . 3 ,940, Gold Reserve. 20, 126, 500,930 23,115,535,887

INDIANAPOLIS. CLEARING ‘HOUSE

Today— WER ssb abr rana baat ian hi

Debits *..coouirivnsersneitanres This Month—

Expenses .

Debits .

50 united, associated and neutral convention to draft the aviation

ALLISON GIVEN JET ENGINE JOB

Tooling Up for Quantity| Production After First - Of Year.

Allison ' will begin quantity pro- A

duction of jet propulsion units for the army air forces shortly after|g, the first of the year, it was announced today.

Borg The new contract is in addition |g}

to present production and delivery schedules on Allison liquid-cooled

V-1710 aircraft engines, of which |Du Po

more than 60,000 have been built since the war started, E. B. Newill, Allison general manager, said. The jet propulsion unit was designed Group _ Captain Whittle of the R. A. F. and General Electric was the first U. 8S. manufacturer to produce it in this country.

Spend $12,500,000

A large number of subcontractors are now being engaged by Allison and tools and machinery bought for earliest possible delivery. To provide necessary new facilities 17 specially designed test cells will be constructed and additions

Re will be built to two departments.

Cost of this construction together with purchase of necessary tools

and equipment is covered by a s commitment of the Défense Plant|8

Corp.- for $12,500,000. “Allison is proud of the role it has been asked to dssume in the

production of jet propulsion units,” |vork &o

Mr. Newill said, “We regard this assignment as an opportunity to apply to a new and difficult job the ‘know-how’ that this organization has learned through its manufacturing experience on the V-1710 and V-3420.

Cites Product Variety

“Allison js the first producer of reciprocating engines to enter this new field so we now have a range of product that is unmatched by any other manufacturer of airplane power, “This range covers single and two-engine installations capable of operating at all altitudes, direct and extension shaft drives and jet propulsion to open an entirely new field for the plane designer.”

WAGON WHEAT

Up to the close of the Chicago market today, Indtanapolis flour mills and grain elevators paid $1.62 per bushel for No, 1 wheat (other grades ‘on their merits); oats, No. 2 white or No. 2 rod, Wat 3 Ibs. or better, 64c; corn fan shelled, old crop, $1.09% or “bushel No. 2 white shelled, old crop, $1.24%

Guaranty Survey Prediots

_|anty Trust Co. of New York said

War-Deferred Demand Will Increase Buying.

NEW YORK, Oct. 3 (U. P= Latin-America can be to provide a large market for this nation's goods after.the war because of its holdings of more than $3,000,000,000 in gold and foreign exchange in the U.- 8, and abroad, the Guar-

today. The holdings, which include $2,000,000,000 in gold mostly in the U.. 8, and some $500,000,000 of American dollars, have been built up, the bank said in the current issue of the Guaranty survey,

their opportunities for purchasing foreign goods have been limited by wartime conditions. These factors, it stated, have resulted in the accumulation of a large volume of deferred demand | Shoes for goods from other nations, including the U. S.

’ “Demand Will Be Needed”

“Many industries in this country, with their productive capacity greatly expanded during the war, will be in excellent position to meet an augmented Latin-American demand - for their products—will, in fact, probably be in urgent need for such a demand,” the bank said. “The same will be true of our merchant fleet, which has grown to enormous proportions as a result of emergency requirements for shipping facilities and can be kept adequately employed if only overseas trade is maintained at high level."

Poll Conductefl

‘The bank said that in view of the conditions existing in Latin-Amer-

and need for a large post-war trade, it had conducted a poll of representative Latin-American bankers and businessmen asking for their opinion on the trade outlook. The replies, the survey revealed, generally tended to support the view that the general outlook for post-war’ trade between atin-Amer-ica and the U. 8. is decidedly favorable, although some uncertainties are cited. They pointed out that difficulties still surround such fundamental questions as international relations, trade barriers, free enterprise, currency stabilization and the prospect of lasting peace.

N.Y. Stocks

Net last Char e Auscha pF.

PH HEAL Fr

rarer - »

sdb 2 : EET ITE

156 Gen pons pf ..147 Gen Electric .. Goodrich Goodyear Greyhound Cp. Ind Rayon .... Int Harvester . Johns-Man ..., Kennecott .... L-O-F Glass. . Lockha Aircraft Martin jGienn) 3% Nash-Kelv 15 Nat Biscuit . «3 Nat Distillers. . N Y Central.. Qliver Corp..,. Packard

Yt]: rr’

Phelps Dodge. Procter & Pullman

td Oil (Ind) .. 8td Oil (N J).. 20th Cent Nox. U 8 Rubber U 8 Steel Warner Bros « 12% Westin, a «104% TP «es 13%

YON GEHR TO SPEAK ON FOREIGN TRADE

The second class of the Indianapolis Chamber of Commerce foreign trade institute, to be held tomorrow night at the Claypool hotel, will be conducted by George H. Von Gehr, member of Langner, Parry, Card and Langner, international patent and trade mark lawyers. The subject to be discussed is “U. 8. Property Protection in Foreign Countries” and procedures for registration of trade marks and

H+: LF HL a ::

Mr. Von Gehr's talk, Mr. Von Gehr is secretary of the

4! Chicago Bar associa tion.

supplying large quantities of their plastics in shoes products to the united nations while |viewpoint will be more than aes-

ica, that pointed to the possibility

through Latin-American said that “the role of vinyl

products will be outlined. An hour}: of classroom instruction will follow {f::

Chicago Patent Law association and | Ei vice chairman of the. patent and|[: w | trade mark law committee of the

ORICA, OGL. 31 (0 PIeThe soe ndusieys satu wp. today to the leather

I Ca

shortage—shoes mixture of air, water, gas, salt and a handful of chemicals, pi These elements. are heing blended nto a’ Dlestle, transparent ‘or ORB Rng od Stn. rs rail wn ging hl

‘| eyes sparkle, designers said at the

Spening

Color and plastics will be the twin keynotes of the 1945 spring season, the ‘exhibition of shoesstyles indicated. Lemon yellow, char~ treuse, blue, red, purple and lime ap-, peared singly and in contrast. on soles, or in splashes on uppers, giving a new flash to footgear no longer under the war-imposed color limitations. From industry's laboratories have

come the developments in vinyl

plastics, creating a two-way trend affecting post-war manufacturing of men's, women's and children's shoes. ae J. R. Price of the Union Carbide & Carbon Corp’s consumer di-

{from the buyers’

thetic.” Plastic Is Tissue-Thin

“Children’s scuff-proof shoes and men's plastic-treated work and sport are industry's answer to a public still harassed by airplane and Jeep stamps,” he said. This versatile plastic can be fash- * lioned into an evening slipper to resemble silver-spun glass and in an afternoon pump and handbag ensemble to resemble patent leather. It is made of vinyl resin‘ powder mixed, plasticized, and pigmented to a dough which after going through a roller comes out ‘as tissue-thin sheets.

Will Be Sod In Spring

At present millions of these sheets go to war. A display at the shoe exhibit showed uses ranging from waterproof seamless gun cases, cable coverings and shatter-proof | glass to base hospital supplies. “Cost to the consumer of the plastic shoe will be competitive ‘with any other good shoe,” Mr. Price id.

The new shoes, he said, will be ready for general sale in the spring. Plastics in combination with other materials or used for the entire construction of the shoe still require a shoe stamp, he stated. The exact number of shoes to be! manufactured by Easter for retail sale, is a trade secret, governed by the amount of materials permitted

after military allocations have been :

satisfied, according to Mr. Price.

CONTINENTAL STEEL

QUARTER NET DIPS |

Times Special KOKOMO, the Continental Steel Corp. dropped

during the third quarter of this |

year to $120,522 or 60 cents a share, President D. A. Williams has reported.

Profits in the preceding quarter amounted to 83 cents a share and were 65 cents a share in the third quarter last year. net amounts to $443901 or $221 a share against $2.14 for the first nine months ef 1943.

Oct. 31—Profits of | |

Nine months’ |!

BUSINESS AT A GLANCE

OF We national shoe fal}

$5,418,199 or $1.63 a share vs. Bp

909,591 or $1.83 year ago.

Loose-Wiles Biscuit Co. and subs"

sidiaries 9 months net profit $1,992,-

$2.56 year ago. Continental Steel Corp. and subs

65 cehts year ago. Beneficial Industrial Loan Corp. and subsidiaries 9 months consolidated net income $3,047,734 or $1.38

year ago. Decca Record Co, Ltd, year to March 31 net income £61,226 (pounds

sterling) vs. £60,230 preceding fiscal year,

net income $6,329,176 or $1.79 a share vs. $6,860,356 or $1.96 year ago.

United Drug, Inc, 9 months consolidated net profit $1,479,440 or

{$1.06 a share vs. $1,863,917 or $1.33

year ago.

Northwest Airlines Ine. fiscal year ended June 30 net profit $517,889 or $1.45 a share vs. $300,092 previous fiscal year,

Graham-Paige Motors Corp. 9 262,920 vs. $1,007,434 year ago.

earnings $7,839,760 or $1.40 a share vs. $8.892.116 or $1.60 year ago.

a share vs. $3,191,620 or $1.46 a share

Standard Brands, Inc, 9 months

1 SE 3530 a shate va. 1.56810 ut,

months to Sept. 30 net profit, §1,-

General Foods Corp. 9 months

SCE

— i

That Is the Question!

South Delaware Street at Eli Lilly Co.

Victory necessitated the movement of thou.

sands of tons of war

material over our high-

ways in the past three years. The fact that very little repairs were made, during this time, has impaired these highways. It is now time that our attention ‘should be turned toward post-war reconversioh of—Roads

—Streets and Highways.

t experience, those in charge of this ro a that KENTUCKY ROCK

ASPHALT is~ very economical. It forms a

non-skid.

firm yet resilient surface. It does not crack from is own internal stresses, is clean and free from dust, non-abrasive, non-glaring and No other material has been developed which combines so many of the Sesiratle

qualities and charasteristics

KENTUCK

Y ROCK ASPHALT.

Doesn't Wrinkle With Age

KENTUCKY ROCK ASPHALT INSTITUTE

Corn Products Reining Ov. sad. subsidiaries 9 months net income

sidiaries nine months to Sept. 30 net profit $443,902 or $2.21 a share | vs. $481,618 or $2.14 year ago; September quarter net profit $125,522 or 60 cents a share vs. $147,280 or