Indianapolis Times, Indianapolis, Marion County, 2 February 1945 — Page 12
_ PAGE 12
i
"localities clamoring for services of
ow
Busines
It Seems As If Unemployment, Like the! Poor, We Shall Always Have With Us! "Herbert
= By ROGER BUDROW # he SPITE OF THE PLEAS FOR WORKERS, there still
were 1,549 people receiving unemployment compensation
checks in this state last week. - But when you realize that this job insurance, that [Jacob Goldberg, stocky, white-haired
1,400,000 are now in jobs cove doesn’t amount to much.
“But still a person wonders, why should there be even/give the senate war investigating
1,549 getting checks while idle in these times. why, explains Gardner, director of the unemployment compensation division: A war plant finishes its contract, closes down ir part or altogether until it gets another, furloughs) its employees. It) may take a few | weeks for them] to get other: jobs, | or until their reg-| ular plant re-| opens. War
to change models or military needs. Workers | are idle while the plant is retooled | for the next job. Some Jayooffs are due to material shortages. Then there is] inventory-taking, which means al shutdown, and if it lasts long| enough, puts workers on unem- | ployment compensation. It is true, Mr. Gardner admits,| that there may be jobs open in one| town while in another idle persons | draw compensation checks. “This man and his family probably have lived in a particular town for years. There may be no .immediate job, though he may believe an opening will come. eourse, there are employers in other
of his skill, but he is unwilling to move himself-and his family to a new location, fearing a possible housing shortage and other lack of opportunities. Instead, he will colleft. compensation until. local industries call on him. b “In a state of perfection, every able willing employe would be gainfully occupied; but in actuality this irreducible minimum of unemployment exists.” : so » = LOCKHEED'S so-called $1000 post-war personal airplane is a more closely guarded secret than many military developments on the West Coast, reports Aviation
News. Plant police on roads ad- ceretenaenss [email protected] 800-1000 KB +ir arenes ness MH O0@I53 jacent to the airport where the Medivm—s 208159 plane is tested urge curious oo S00 pounds eessnaseresss [email protected] motorists to keep moving. One | 500- 900 pounds ............. [email protected] flight was canceled when a motor- Cows (all weights) ’ COBB «cei viva sninnsiiviransy ist parked and wouldn't budge. MOAT |e x: 11.00@12 25 ss 8 = Cutter and common .......... [email protected] anner . 6.75@ 8.00 ‘WEATHER . NOTES Preumatie| Bulls (all weights) tools were used in northern New re ATR 3 00 all weights) ......... York freight yards to cut away ice! | Sausage— vers) from cars. , . . Chlorine for In-| Pood eeesibeeiiiaianiig eens [email protected] edium
dianapolis water supply got the! lowest it’s been, |
because of a de-| layed shipment.
. . Pittsburgh is|
‘using river barges more than ever! Soi . « Army bulldozers are cléaring Common and medium ’ snow-bound Buffalo railroad yards. S“!
. ‘Grain elevators in the northwest have closed. . , . The Buffalo congestion (80 inches of snow so far) meant slowing of eastbound traffic and a dozen freight trains were set on the sidings of the N. ¥. Central between Buffalo and Chicago. - ~ » ' SULFA DRUGS soared into prominence as germ-Kkillers, replacing many of the serums made from horses, rabbits. Now penicillin is cutting into sulfa production. Sulfa profits are growing smaller, prices are being cut, competition grows, r * »
NOTES ON HOLLYWOOD reported by Fortune)—Good grade | movies once cost $60,000 to make, | now cost over $1 million. ., , , But fewer are being made. . The! “star” system, it was discovered | early In’ the industry's life, is the | best, way to office. . .
(as
insure -getiing box| « The “stories” aren't as|
|.
Of | Goo
S
red by
BIG NAMES IN
Bayard Swope Wrote U. S. Officials in Behalf of Goldberg. WASHINGTON, Feb. 2 (U.P), ~
| president of Surplus Liquidators,
(Inc., may get his chance today to
WFA Anticipates inates 4500 Hogs Liquidators, Inc. he tes‘ifi-" ~- Today to Sell
EE PRICES
at
Ceiling Rates.
Unchanged conditions» prevailed | at the local livestock yards today, | {more about introductory contracts the war food administration report- | are canceled due ed, Ceiling price of $14.80 was paid | Washington officials M/| for choice 160 to 400-pound hogs. Estimated receipts reached 45
{ sheep.
GOOD TO CHOICE HOGS (4500)
$14.00® 14.50 [email protected] 4.80
140160-
140 pounds . 160 pounds : 180 pounds 200 pounds 200- 220 pounds 240 pounds 270 pounds
330 pounds 360 pounds
300 pounds ..
Packing Sows
Good to Cholce—
270- 300 pounds ..
300- 330 pounds 330- 360 pounds 360- 400 pounds
00d = 400- 450 pounds ............. 140091405] The entire proceeding, LaGuardia ig. Dab POUNdS seviaieess... 14.00 14.05| said, was “scandalous.” 250- 500 pounds ..:.......... [email protected]| The mayor said Surplus Liquida- / q red Slaughter Pigs tors, Inc. conducted the sale in edium- to. Choice— ’ hi TI care: . [email protected] such a way that, while the city was CATTLE (0 - |not allowed to hid at all, a’ member 5 of the police squad merely blew eers
Choice— 700- 900 pounds ...
800-1100 pounds 1100-1300 pounds 1300-1500 pounds”
Good—
700-_900 pounds . 900-1100 pounds .
1300-1500 pounds . Medium— 700-1100 pounds .
1100-1300 pounds .
Common - 700-1100 pounds
1100-1300 pounds .......
16.00@17
12.25@ 14
“Heifers
Choice— 600- 800 pounds . 800-1000 pounds .
Good— 600- 800 pounds .
Cutter and common
CALVES (500)
Vealers Good ‘and choice
| { First the senators, who are lookling into possible irregularities in | disposal of surplus goods, have a
00! | commissioner who happens to be the | hogs, 500 cattle, 500 calves and 1500 Saisie -in-1aw of Brandt's son, Rob-
[email protected] . @17.25 vee 16.006517.25 « [email protected]
[email protected] veeses [email protected] [email protected]
12.25@14 (an auctioneer's foot was informed:
[email protected] [email protected]
{committee his. own views: as to twhether he is (1) the “best aucor (2) a
| tioneer’ that ever was” ‘tyrannical’ auctioneer whose New York operations were “scandalous.”
| few more questions to ask Herman Brandt. An cfficial of Surplus
| terday that he told former Surplus | Property Administrator wvui | ton that “Jesse Jones sent me” when he went up to see him about | a contract last spring, . The senators also want; to know letters written for Brandt to ousted Commerce Secretary Jones and other by Herbert former New York racing
Cay
| Sw ope,
Denounced By LaGuardia
Brandt, who said he got in touch with Swope because he and Goldberg wanted to ‘get introductions to the proper officials to put our proposition over,” is authority .for the statement that Goldberg is “the best auctioneer that ever was.” ! Mayor Fiorello H. LaGuardia of New York testified on the other hand that Goldberg operated an auction of surplus war property in his city last winter in an “unethical, tyrannical and unfair” manner.
his nose or wiped his eyes, and the auctioneer shouted, Sold!”
Prices Hiked
There was all manner of “signalling,” his honor said, and asked an assistant to tell the senators how a man who accidentally touched |
“You touched my foot and when you touch my foot, that's a bid.” Another onlooker, he said, was told: “Don’t look at me like that; when you look at me like that, it means a bid.”
SURPLUS PROBE
ni
THE INDIANAPOLIS TIMES
4
. Stilwell Road Open
The first convoy to break the land blockade of China, effective for two and one-half years, detours around a new causeway along the Stilwell road on its way toward Kunming, from the starting point at Ledo, India. The new route, China's lifeline, carrying vital .supplies to the material-starved people of the country. Opening of the link is tribute to the determination of U. engineers and the fighting qualities of the allied troops who fought to keep the area clear of Japanese.
W. H. Jungclaus
William H. Jungclaus, sume the presidency of the Blige ing Contractors
Indianapolis on Feb. 1.
is an executive of the William P. Jungclaus Co. third generation of that firm.
membership w H Jungclaus | meeting of the *
contractors group will be held Wednesday at 6:30 p. m. in the | Aitkin-Kynett Co., in Philadelphia, |
Athenaeum, to handle its advertising.
‘Heads Builders
returned veteran captain,
will as-
association of’:
Mr. Jungclaus
and the
The regular
wage earner
[lev el
earnings for
of January, 1941,
HANDLES
has
appointed
La Guardia described Goldberg’s
Surplus Liquidators, Inc, as a “high-sounding corporation” com- | posed of “an industrial diamond |
[email protected]| salesman, “an insurance broker, a
lawyer, and a distributor of toilet! seats.” A customer of Surplus Liquidators,
[email protected] Inc., told the committee today that
| 10 days after he bought surpius
[email protected]| War goods at the firm's New York | 9.50910.50 | auction he was asked to pay an
additional 20 per cent for some of
(all weights) his purchases. [email protected] Alfred -Saffar of the A. & B. agian 18.00 10.00 Surplus Co., New-York, said Gold-
Feeder and Stocker Cattle and Calves
berg ‘told him the prites jumped |
Speers because “the government found | Chole ? that in certain items they didn't| 500- 800 pounds ............ 11,[email protected]| gét enough.” | 800-1000 POUNAS ....eveeneen [email protected]
Good
| | |
good as those of the stage, but look | anapolis securities dealers,
at the differences in audiences. | «+ + Color adds 5 per cent to 25]
per cent to the cost of a picture. } Agents Fin Corp com
Time is the most important producing factor as costs run to $20,000 a day... . “Going My Way” less than $1 million, ii $12 million. bigger money (a film cutter makes up to $350 a week) and books and
cost should bring
plays that used to bring authors Home F&T Ft Wayne 7% pid. 51
$10,000 now fetch $50,000 ; Zanuck has an option to biy “Forever Amber” rights for $200,000, which emplains why the movies are subsidizing plays “on Broadway in| self-protection, so they can share in the profit when they sell their hit Play to themselves for a movie,
STOKELY-VAN CAMP APPOINTS. RICKETT
Stokely-Van Camp, Inc, has appointed Charles, F. Ricketts, formerly of Indianapolis, as divisional sales
. Labor wants Circle Theater com
United Tel Co 5° { Union Title com .
BONDS manager for the New England ter- agers win'w RR 4'%2% ...... 100 ritory, ©. C. Culp, vice président in| American Loan 5s 51 .........100 American Loan 5s 46 . 100 charge of sales, said today. Buhner Fertilizer 5s 54 ..... 1
. Mr. Ricketts, a Vernon, Ind, joined the company in 1028. For the past six years he has been in charge of featured la-
Bedford, Mass,
LOCAL PRODUCE
nny breed hens, 340. Leghorn hens, e. Siyers and roasters, under 6 and barred rocks, 28 "> “receipt. 34c; grade A . a A medium, 36c; $1ale A
native of North'Ch of Com Bldg 4'%s 61.
Citizens Ind Tel4) Columbla Club 5s Consol Fin 5s 50
Ind Asso Tel Co 3':5 70 : . Indpls P & L 3'45 10 ess hels sales with headquarters in New Indpls Railways Co 55 67 ..... 88 20
«5 61
Indpls Water Co 2's 68 vax: 1083 Kuhner Packing Co 45 54 ..... 99 N Ind Pub Serv 3125 13 104 |N Ind Tel 415% 56 cores BOYS { Pub Berv of Ind 3's 73 . 1052 | Pub Tel 4%58 55 ian 100. { Trac Term Corp 58 87 '....... 95. U 8 Machine Corp 5s 52 .. mm
*Ex- divi idend.
wr “Spending. Receipts ..... 23,
bt at
SEE 4d rn | Bola
: tar taedts 20,192,535, $46,316 * 12.238. 111 190. 2.030.538 11476006117, i, TOT 174.093.492.800)
U. S. STATEM ENT
and* receipts for
870,425,106 -22,788, 5
WASHINGTON, Feb. 3 (U. P.).~Goy- investment of approximately $28,ernment expenses 1, | current fiscal year, through Jan. 31, compared with a year ago: et Yea Last 6,627,861, 81 $52, 581, 7 350 5 702,601,640 49,002, os. 9a
the |
“| A $7,500,000 price-tag has
230. a0 pounds ..... caneese [email protected] - pounds ...eeecee... [email protected] t 0-100 J ee OCKS 500-1000 pounds. .....cscev.. [email protected] Common-—- Net | 500- 900 pounds ............ 7.50@ 8.75 High Low Last Change Calves (steers) rig Chal ..... 41% 41% 41% + Good: and cholce— .. Am Can’ ....... 90% 90% 90% — Am Loco ......, 28% 28% 28%: + ey pushes dowg 3. - : nso. | 30 Rad & 8 8 13% 13% 133% ... 5 Am Roll Mill .. 16% 16% 16% — Va: 500 nds down . ; [email protected]| A T & 1 161 1592 161 o 112 Calves (heifers) {Am Tob B 68% 68 68'a — la Good and choice— {Am Water W... 93 93% 9a = a 500 pounds down [email protected] | Anaconda - 31% 30% - 31% + 14 Medium— Armour & Co .. 8&'u 84 8% — Ia 500 pounds down . [email protected] | Atchison «1% THe 18% + 1a p @ At] Refining 35, 345, 35% + Y SHEEP AND LAMBS (1500) Bald Loco ct 26% 26 26's Ly Ewes. Cahors) Ben Ind Loan.. 23% 234 23% - ’ {Beth Steel ..... 70% 10 07s } Sg Good .and choice 6.715@ 8:00! Borden verb va 3434... 343% A Common and medium ......% 5.00 6.75 Borg-Warner 30, 394 390, La LAMBS Caterpillar T 491, 49 49 + VN, Ches & Ohio 52% 517% 52% Ya Good and choice . [email protected] | Childs ceive GYR 6a 62 Medium and good [email protected] | Curtiss-Wr 54, 5% 5% a Common 10.75@12. 78] Douglas Aire 68'z 68'5. 68'; | Du Pont 158% 158% 158% 5 Gen Electrie 38% 38%, 38'; 4 1s LOCAL ISSUES : Gen Foods 40% 40 40% + a 3 | Gen Motors 64%, 637% 64%, ‘ ——— | Goodrich ~...., 59 59 5 1% | Goodyear . 56 55 56 Nominal quotations furnished by indi- Froyt wound Cp. 23% 23% 23% a | Int Harvester. 77% Tita 77a 4 . | Johnson&Johnsn 32% = 32%, 32% a STOCKS Johns-Man 109% 109 109% + Ia Bid Asked Kennecott . 3 367% 37%. . Kroger G & B. 37's iV 37's la : 20 | L-O-F Glass 53s 52% 53% Agents Tip orp pid 18 | Lockheed Alrcft 20's 197% 20 + Ya 403 Loew's 75 75 75 4 Vo Belt § Bik Jax com ? Martin (Glenn) 28° © 22% 23 saan Nash-Kelv 17 167% 17 Ye Belt R'8tk Yds pf . Ie it ’ ” 2 | Bobbs-Merrill 4% pid .. 68 {Nat Biseut + 34% Uz AU Central Soya com 351; | Nat Distillers , 367 36% 36) -— 3s * N Y Central .. 23% 22% 23% + la Comwitn Loan 5% pid ....... 105 108 Ohio Oil . 19g 19 19's + ve Delta Elee com... \csitauvse 14%, 15 Packard Sh Sa 30 4 A Electronic Lab com 5% 5 Pay Am Ar 33h 1 . ag 2 Hook Drug Co com 17% 19% Pane RR 30314 24 344 } . nn J ’ . n J 4 Phelps Dodge . 26% 26's 26's ET pain ge 19, joan Erato eS 3 TAL Indpls P & L pld 113%. 1131; | Bullman 58% 43M 184.4 Indpis P&L COM .versrriness 21%; gay, | Rule Ol rl, Dade 1300 en, Indpls Railways com ......... 143 opus 3 Ww 3 ! : Indpls W td 105 Reyn Tob B 32% 32% SAV —~ napis- water p rune ani. | Schenley Dist . 42%, 42% 42% +4 % Indpls Water Class A com .... 18% 20% Servel Inc 207% 20% 20% + Ya Jeff Nat Life com , cere 13 17 Socony-Vacuum 15% 15% 15% 1b |SRIUpan ds Soi «cade nsosnn 8. [south Pac 40% © 30% 40% 4 1 ingan 0 con v 4 3 Lincoln Loan Co 51 1% pid... .. 97 3 8td Brands 30% . 30 30}, : I In: Nat: Lif . 49's 8td O Cal 197s 30% 39% + a BE Cer iat tresses 320, Std Oil (Ind) . 36% 36% 36% + a ER Molar rt Lyranss 33 Std OIl (NJ) . 58 57% 58 ‘ N OLY m. 110% Texas Co . 5213 52 52a + % 3 Pub Serv ind 3; 0 crinan 108vs 20th Cent ” “8 28 28 . raves U 8 Rubbe 55% 53% 552 4 1% b Serv of Ind com ...vseves 2% 0g 8 Steel 603 80 60% mY Progtens Laundry com ,....e4. | warner Bros .. 141s 14% 1445 Ve Ross Gear & Tool com ... Westing El 122% 121 122) ! So Ind G&E 4.07% . 111 [zenith Rad ... 40% 40% Ca a Stokely-Van Camp pr pf 01 | ——— rd 3 :
HiLTON ANGLING FOR “| THE STEVENS HOTEL
CHICAGO, Feb, 2 (U. P).—
a | Negotiations are in progress for pur- +| chase of the 3000-room'Stevens hotel
by Conrad N. Hilton, president of ‘| Hilton hotels with headquarters in [New York, it was disclosed today. been {quoted on the Stevens, the world’s largest hostelry, although Daniel __ | Healy, attorney, for TT |Hotel Corp, said any estimates | would be premature. The hotel, representing an original]
1000,000, was bought by the army in February, 1942, for $6.000,000 and | |s0ld "to the Avenue Corp. for $5,251,000 the following year.
‘CHEMISTS | MEET TU TUESDAY, The American Chemical Society will meet Tuesday. moon. at the Warren hof#l. Eugene R. Hupp of vous Water Co. Coli Tsolauon bs
the Avenue,
| |
will i
Valentine Feature
$29.75
The attractiveness of the setting coupled With the large diamond will make her genuinely appreciative.
Bridal Pair
$39.75
A fascinating ensem~ . ble irr ‘the. modern manner. Streamlined for beauty, the 3parkling diamond reflects her loveliness . for the years to come, “asy Terms! -—
LA
8-Diamond Bouquet
$225
Three gorgeous | matching diamonds in the“band . five fascinating diamonds in the engagement awww ring. ARRAN AN
—FEasiest Sucsibis Terms Will Be
Arranged for Your. Purchase
—Pay as Little as $1.25 a Week
* After Usual Down Payment
AATRE A UU ARNURRNRNNA NAAR WW NN
CUNNRUNURU VERRY a.
3-Diamond
= $49.75
A three-diamond en- . gagement ring. Exquisitely styled in ‘rich simplicity, it's a ring that she 11 wear always.
$1.25 A Week! ag
ANNAN ORY 0 AAAARRNARRAN AN WARN
RNY NW
Extraordinary
a
is open to traffic
S. army
NOVEMBER AVERAGE EARNINGS AT RECORD
NEW YORK, Feb. 2 (U.P.). | National In d ustrial Conference
| Board reported today that average value to be “considerably less.” weekly earnings of the American for Novembet hit a record high of $49.46 while hourly| earnings rose slightly from’ October|jympia Terminals Co. Inc. of Into equal the all-time peak of $1.08) gianapolis, and vice president of Co{set in September last year. | Hourly
BASCA ADS
Basca Manufacturing Co., Ine, of| Indianapolis,
NNN \ NW WN ARR Ww
Diamond Feature
beauty woman - will be proud to wear
this full-cut diamond upon her finger for time eternal.
—The|
the
INDIANA STONE PLAN ATTACKED
SEC Says Reorganization Is “Fair but Not
Feasible.’
) PHILADELPHIA, Feb. 2 (U, P.).— The securities and exchange commission today recommended that the U. S. southern ‘district court of Indiana at Indianapolis disapprove the proposed reorganization plan for Indiana Limestone Corp., -Bedford, Ind, on the grounds that it is “fair, but not feasible.” The plan, submitted by Indiana's trustee, Albert Ward, Indianapolis, was referred to the commission Nov. 2, 1944, by. Judge Robert C. Baltzell after a hearing in the Indianapolis court. The commission now has sent its 31-page opinion to the court for its consideration in deciding whether the plan meets the requirements of chapter X of the federal bankruptey act. The plan submitted by Ward provides for the organization of a new company or the reorganization of Indiana with a capital structure consisting of $2,595,800, principal amount .of 30-year four pef cent general mortgage sinking fund ins {come bonds and 140,000 shares of $10 {par value common stock. Through lan exchange process, these new {securities would be distributed be{tween the present bond holders at the rate of a $400 bond and 20 |shares of common stock for each $1000 old bond. The present common stockholders ‘would be excluded. | The commisison recommended an lall.common’ stock structure for the reorganized company “in view of the uncertainty as to Indiana's future earnings.” The commission also disagree with Ward's $4,000,000 evaluation of the company, stating it believed the
HEADS TRUCK LEASERS Charles P. Clark, ‘president of Co-
lumbia Terminals. Co., of St. Louis,
November thas been elected president of the | tapped October by 0.1 per cent, ran| National Truck Leasing System, a {3 per cent ahead of November, 1943, |and exceeded by 42.3 per cent the| ent truck leasing companies. the base | month of the Little Steel Formula. |
| NEW FIRMS AND
nation-wide association of independ-
PARTNERSHIPS
Sp per Circle O-Ranch, R. R. 18, Box 5 Riding Academy. David C. Deuper, 18, Box 565
TIERRA TAL AR EVRA REVVER ANN ANWAR ARRAN
NAAR NNN
ANNAN ARRAY
6-Diamond Duet
697°
A duet of glorious design with three magnificent diamonds In each ring. She'll be thrilled with this. Easy Terms!
>
Any
Visit Indianapolis’ Interesting Store
bir bb yd Nvwann
Mont
FRIDAY, FEB. 2, 1945
Thousands of Jobless Seen On West Coast After War
NEW YORK, Feb: 2 (U. P.).—Unless piers are laid beforehand te
take up the slack in jobs that will result when West Coast shipbuilding
and airceaft industries “fold,” the Pacific Coast area will experience a
“disasterous” wave of unemployment,
the magazine Fortune warned today.
Althpugh peacetime industry eventually will absorb the some 800,000 displaced shipyard and aircraft workers plus about 800,000 local serve
icemen who will seek industrial employment, the magazine pointed out that the pre-war working force of the West Coast covered by unemployment ‘compensation was only 1,900,000 persons against 3,100,000 in 1943. The publication, which devoted its entire latest issue to the West Coast area, sald that if steps are taken ahead of time to absorb the surplus working force, “niost of the trouble can be avoided.” “Both private and public maintenance and capital expenditures,” it said, “need to be anticipated for several years ahead and concentrated as much as possible .in the years immediately following...the war.”
Would Dismantle War Towns
“Congress should decide now what assistance it will give to state and local public works, Action now
would enable communities to gef ready. Irrigation, power, airport, highway and similar developmental projects must also be anticipated, and as many as possible scheduled ahead for the early months of peace.” The magazine called on the building industry and state, local and federal governments to plan jointly the dismantling of the “jerry-built” war towns and the establishment of
permanent communities to take their place. “Unemployment compensation,
and perhaps, aid to workers who want to leave congested areas in|: search of job opportunities elsewhere need to be re-examined with the inevitability of unemployment in mind,” it continued.
Has Steel Indusiry
Jobs will be needed in the five!,
largest West coast cities for an extra 500,000 persons after the war, Fortune estimated. The magazine made public in its latest issue results of a poll conducted among businessmen on the future of West coast business.
Nearly 50 per cent of the West's|
leading: executives expec? post-war employment in their companies to| be greater than pre-war, and nearly 34 per cent believe it will be even higher than in wartime. However, in spite of the large proportion expecting eventual high employment on the Pacific coast; almost 71 per cent foresee more or
for St. Valentine's Day
Shes Dreaminnol 1 Diamond
Indianapolis’ Most Interesting Store!
7-Diamond
75° =
A seven-diamond engagement ring reflecting glorious beauty, This is a'ring to live eternally . . . on her hand and in her heart.
less unemployment in their come munities during reconversion and nearly half believe it will .be worse than in 1937-40. The magazine noted that the war has given the Pacific coast one major asset: essential to post-war industrial growth—the kind of a
“Together, the new mills at Provo, Utah, and Fontana, Cal, have about one-fifth of the capacity of the entire British steel industry,” Fortune pointed out. “Technical snags must be removed and freight-rate reduce tions obtained béfore the mills can deliver their steel as cheaply as the best mills in the East and the South. But the new plants won't be dismantled or relegated to ® stand-by role after the war; the West has the industry and will keep it.” The magazine said, however, thas the new mills should be refinanced with private capital. The Prove mill is government-owned and the Fontana plant owned nominally by Henry Kaiser who owes the Aecone struction Finance Corp. its value. _ Summing up, the Fortune article said “western industry has a right to expect the elimination of every unfancied discrimination agains$ its growth. It even has the right te expect vigorous assistance in the development of its resources.”
INCORPORATIONS
J. C. O'Connor & Sons, Inc, Ft. Wayn articles accepting provisions of Gener Corporation Act of 1929; 1000 shares withe cut par value, The Wadley Co, changing number
Indianapolis; amends ment of directors @ three,
Phelps & Peck, Inc, Michigan Cit amendment . changing name to Boyd Phelps, Inc. Standard Dolomite, Inec., 2300 Kentucky ave. Indianapolis; agent, Philip Luts, 734 Circle Tower, Indianapolis; 1000 shares of $1 par value; mining for coal and minerals - and construction business; O. Herriman. Articles of merger of The Keller Furie ture Co. Inc. Corydon, into The Kelle Mig. Co., Inc., Corydon; 40.000 shares having a par value of $10 each. Gotham osiery Co., Inc, Delaware gorporation: certified copy of amendment, Acme Axy-acetylene Co., Inc. Indiane apolis; ‘change of agent and principal | office to Jacob S. White, 1511 Merchants bank bldg, Indianapolis Anderson Fellowship Club, Inc, 11 w, oth st. Anderson; agent, Charles W, Brown, Columbia Hotel, Anderson; no caps ital stock; recreational; Francis B. Moe zingo, Willlam J. Mozingo, Charles w. Brown. Hoosier Tire & Supply Co. Inc. 424 ie st. Columbus; agent, James ‘Dickey; same address; —2500 shares
ALARA
Herbert J. Boeschen,
Adelaide W. chen, James Dickey. -
% 3 Easy Wa to Pay at DEEb!
i Deferred Paymenis — as * Little as $1.25 » Week!
2 Charge Your Purchase * and Take It With You!
Layaway * or Cash!
ay
ARAMA ANNA RN W NW NNN NIRRRRRRR. ANNAN EAA
10-DIAMOND DUET A gorgeous creation, 3918
Both rings .....
steel industry it has always wanted,
1. Keeler, .C. Bruce McCown, Claude M..
without par value ut par value;
Can 4 ATTY {3
18 N. ILLINOIS ST. uiries Hote Bid.
Identification * BRACELETS.
KS A or Tal or .. Without 3
"Easy Terma!
Genuine Wind-Proof
LIGHTERS
$495 1o 2
f chanical at and ardny on
i Rag