Indianapolis Times, Indianapolis, Marion County, 5 February 1945 — Page 7
he was he city
MONDAY, FEB. 5, 1945
To
-
THE INDIANAPOLIS TIMES
° : ! Business a ; “We Have Enough Coal for 3000 Years,
And Other Facts of Passing Interest —By ROGER BUDROW
DESPITE WHAT YOU THINK about coal right now, it is our most lavish natural resource and it has a great future. While you shiver, tick some of these items away.
Coal comprises 98.8 per cent of x our- fuel resources. What we know BULL MARKET IN
of now should last 3000 years, I the last 200 years, we've extracted a -meager 2 per cent of the 3 billion tons ‘of bi~fuminous. Coal is the basis of our national industrial strength. . It makes us‘ the|« biggest steel producer, powers our railroad ‘network. More than half of
Many Bringing Over $100,000.
By EARL RICHERT our homes are Scripps-Howard Staff Writer
heated with it: 55] WASHINGTON, Feb. 5—There’s per cent of our electric power comes|{a “bull market” on in radio stations. from it. We are the only nation| The boom, under way for some Which doesn't subsidize its coal time now, hit a new peak last week production. with the sale by Hearst Radio, Inc,
160 Changed Hands in '44,|
“|“the border of western Europe's!
NEW BORDERS DISARM NAZIS
75% of Power to Make War Is in Rhine Basin
And Silesia.
“WASHINGTON, Feb. 5 (U, P.).—| A survey of Germany's’ industrial might showed today that internationalization of the Rhine basinand the ceding of Silesia to Poland would strip the Reich of an estimated 75 to 90 per cent of her power to make war. = France is demanding that “the whole Rhine basin,” including the Ruhr and the Saar, be considered
~ Sea-Going Wrecker
This “Retriever,” sketched here, originally was a cargo carrier but was converted by two marines to fit a new need, retrieving thousands of dollars worth of disabled war equipment from reefs and surf.
w
strategic and economic security,” Gen. Charles DeGaulle has reportedly obtained Russia's approval of a plan to set up a separate Rhen: ish state under allied protection, There seems no doubt that Polahd will get Silesia to compensate for the loss of eastern Polish territory to Russia. ,The alternative would
Nome Businessmen Can't
Sell All Scotch, Cigarets
NOME, Alaska, Feb, 5 (U, P.).—Nome businessmen, too, have their
New and bigger uses for coal—|qr siation WINS in New York to
through research—have been found
be to leave Silesia in Germany,
problems with “shortages”—but mostly they are concerned with a lack
of customers,
MARKET ACTIVE
HERE FOR HOGS
4000 Porkers Are Received At Local Yards; Prices Same.
There was. a very active market for the 4000 hogs received at the Indianapolis stockyards today, the war food administration reported. Prices remained at the $14.80 ceiling. Receipts also included: 2400 cattle, 700. calves and 1000 sheep.
GOOD TO CHOICE HOGS (1000)
..$14.000 14.50 14:[email protected] 14.80
M 160- 220 pounds A Packing Sows Good to Choice
Good — 400- 450 pounds ..... . 450- 550 pounds .. Medium 250- 500 pounds
14.00014.05 14.00914.05
= PAGE?
“Meetings | WAGE RAISE-DENED Automatic Engineers 229 AT SOUTH’ BEND
The secretary and general man-| CHICAGO, Feb. & (U. P.).—Wage ager of the Society of Automotive increases have been denied 229 ein- °
| Engineers, John A. C. Warner, will
be a guest speaker at Wednesday's ployees of the Bendix. Home Apevening meeting i pliances, Inc. South Bend, Ind, by at Hotel Antlers. {the sixth regional war labor hoard, The chief speaker {on the grounds that several raises will be James M. had already been given by the comCrawford, society Wl (pany through changes in method of president, w h o | payment since Jan. 1, 1941. began his profes- | The United Auto Workers (C. I. sional career here {O.), bargaining agent at the plant, in. 1906 when he had presented the petition on the joined the Anibre basis of the Little Steel formula. ican Car Co. Among other decisions the WLB Many’ of those {announced yesterday were: who “knew him . Continuation of the present unionwhen” have been J A: C- Wamer 'company contract between the Arn. in¥ited to the meeting. - Mr. Craw-|0lt Motor Co, Warsaw, Ind., and the . ford is now chief engineer for United Auto Workers (A. P. of L), Chevrolet. until terms of a new contract are | determined. : : “te Denial of a 15-cent hourly increase Industrial Training {for plant protection: employees of Training of employee will be dis-|the Warner Gear division, Borgcussed by a panel composed of la-| Warner Corp. Muneie, Ind., member bor and management representa- of the United Auto Workers (C. tives at the Industrial Training As- I. OJ. sociation dinner meeting Wednés-| Final arbitration of a dispute beday at the Marott hotel tween 400 members of the United
{I. 0.) and the Harbison Walker Re~
{ Gas, Coke & Chemical Workers (CQ. MLT.
| fractories Co., East Chicago.
D. J. Angus will discuss propul-| .
the Crosley Corp. of Cincinnati for sion of ships at the meeting of the
The biggest problem confronting the northern merchants this year by the government, United Mine approximately $1,700,000.
Would Solve Problem is one involving the disposal of a huge surplus of cigarets, butter, and
Slaughter Pigs Medium to Choice 90- 180
workers and the big companies. In| “This is the highest price ever| Should those political decisions on|an embarrassing supply of pre-war Scotch and. Bourbon unavailable poysds Silke aa Institute of FP . PUBLIC SERVICE 00. ont, 10 1900, for example, seven pounds of | nai for an individual radio sta-| Post-war German boundaries be even on the black market in the Ly the Apex Grill, 6:30 p. m. Wednes- | ¢oal would generate one kilowatt tion. (The transaction is subject made, they would solve most of the States for two years. Chotee— a day, Feb. 14. : | BUYS BUILDING SITE hour of electricity. Today three- to customary federal communica-|problem of how to keep Germany N. y. Stocks The goods were ordered last fall ao 08 pounds 16.00 17.00 " a ad Rip. fourths of a pound should do It.| (ions ‘commission approval) disarmed. They also would reduce [to take care of the wild, roaring; 1100-1300 pounds .. ae 16.000 103 F oO . | Public Service Co. of Indiana: een the In 1920 a passenger train burned| In 1944, licenses to operate 160 to a workable minimum the amount free-spending gangs of construc- 3300.15% pounds .. +++ [email protected] FArM Uwhners | which now occupies about one-half kets in ‘up 19 pounds of coal per mile; [radio stations changed hands, more |0f direct control needed to make High Laster is tion workers, later recalled, and : po ies 14.25@1600] M. O. Pence of Purdue university’s the Traction Terminal building, the only today it's 15 pounds. than three times the number of sure that German factories are en- Allis-Chal .... A 41% *s (the town has reverted to its old to-l1m Pounds @18 00 | agronomy department wil] hold the has bought, through a subsidiary, ss Tech After 200 years of orthbdox min- license transfers (45) the previous gaged in peaceful pursuits. a ton lai 4 'y, | status as a picturesque Arctic vill- 1300-1500 pounds [email protected] | first of three meetings dealing with, goiith Construction Co., a building the sec- ing, production is being stream-|year. And 33 of the stations sold | If the Rhineland, including the Am Rad & 88 . 13% Ye :
12. 95@14 25 | Problems of soil fertility” and crop [email protected] | improvement at the Purdue univer-
; an age. : | 700-1100 pounds site at the southwest corner of ice boys lined. Coal is washed and processed Eskimo tribesmen hunt seal and |1100-1300 pounds
brought more than $100,000, many Ruhr and the Saar, is made a sepa- |Am Roll Mill.
[Am T&T
i : Meridian and Michigan sts. “forse done many ways. The newest use is|of them much more. rate state under international coz- Am Tob Bo walrus along the open leads in the Co Ten poids [email protected] 1 Sity center, 802 N. Meridian st., at 8 merly occupied by the old Univerit looks powdered oeal—with 50 million tons| A number of factors are respon- [trol, and if Silesia goes to Poland, it her W +| ice-pack within sight of Main st. p. m. Wednesday: | sity club; have to & year going to cement and .copper|sible for the current high turn-|Germany will be left with only the|Armour & Co. ... | The- blue-eyed sled dogs roam the|Cholce— 1 The site, now king lot 5 : ; : : 3 i . At . — : 600- 800 pounds 00 : s W a parking lot, was Industries, public utilities, River|over in radio stations. Liepzig-Cheminitz-Dresden area in ning 38 15 | crooked alleys, unmolested, in their 800-1000 pounds 3a 16.00 bu . N owned by William *B.” Stokely Jr. Rouge, etc. Not Worried by FM Ne Se 5 a heavy 1nuuseiy Bald Loco ct... 21: Hany fo food, Te Jie Boies 16 0 Points... MEE usiness INews and associates, and has & Meridian _ ’ imenti i . or*to the war C= me vs silenc 7, ar ne NULLArY | 800-1000 pounds .......e.o... 14. : st. front of 94% f it North 1eyre experimenting in piping Beth Steel .... o 1 A 1000 pi 5 [email protected] st. frontage of 94% feet and a : / 2 “ar igh and the mar=|counted for less than 25 per cent of | Bord vn .e lice doze at their headquarters, | Medium— | Michi nitments powdered coal from the mine to its x Propié are hig 3 hae ih Germany's hessy li Bor Warner "on dust galliering on a. ight 500- 900 pounds 11.75@ 14.00 By UNITED PRESS | Michigan st, frontage of 202 feet. m plays destination, with air pressure hurl- | Ket is frozen—no new st Ss p ye } Sury., Caterpillar T , 154 Wilh g g Neir nig Como | Coca-Cola International Corp. 1944 It cost $130,000. An additional 48Ing at along. One cubic foot of air be built now. Overall, radio rev-| The loss of the Rhine basin and |Ches & Ohio... 5 1s | sticks. 5 09- 909 pounds [email protected] Hy. erual oly foot strip immediately south, is un0 Broad j will take 2% pounds’ through the | enues were up 20 per cent in 1944 Silesia ,would deprive Germany of ITnude foe pot And the merchants sit and eon-| 4 Cows (all weights) {net ifcome $5.807.394 or $29 88 a 3 ’ . 8 of gas pipeline. ‘Short pipelines are op-|Over 1943, a peak year. And sales!at.least 75 per cent of her coal and | Douglas Aire . 'a template their mountains of stock. Mediun re [email protected] common share vs. $5,847,568 or $29.96
Mediun a tr Xevshnow whats in those cases Custer. SBA Asemon |. lll]
. [email protected]] ., : 8.004¢11.00 | VAT 880.
6.75@ 8.00| National Steel Corp. and’ subsia-| iaries 1844 net profit $10,751,369 or [email protected]| $4.87 a share vs. $11,698,362 or $5.30 + 115081250 in 1943. : Sh 1050@1150] Allied Mills, Inc. and subs 12 .50 > ! 8.508 10.50 months ended Dec. 31 net profit] 181,163,450 or $1.45 a share vs. $2,023,- | 17.500 13.00) 980 or $2.53 in 1943.
longer ones arer®f<program time by individual sta- | iron mines and steel industry. Some | gu, Pon ric. 291 13 s ; 5 Ly : ; 2 : tions were up 26 per cent, {estimates "are that it would mean Gen Foods ... 1s over there?” mourned George Mad- " Coal is found in 31 states, TIt| . The post-war outlook for radio, |the loss of as much as 90 per cent Sen Motors £1 T as sen, part owner .of the Polar Bar underlies 500,000 of our three mil-|t00, is aimost unlimited. And men |of her coal supply. In addition, one Goodyear |... 57 - 1's|and Curio Shop. “That's benedici : : | Grevho 5 1 : : lion square miles of land. No place|in the industry apparently aren't half of what is called her “en. [Greyhound ep: 33% 1g |line—the real stuff. And look at In thew®. 8. is farther than 500 | afraid to pay high prices for stand: | gineering industry” would be gone— | Int Harvester.. 77% 1, that ancient Scotch and Bourbon miles from a coal field. J jard stations because of the post-|industry that produced airplanes, | ohns-Man 8 and those cigarets. Biggest stock Smoke has been the chief plague.|WAr prospects for FM (frequency locomotives, armaments: »| We ever had in here. Only we're h Dague. * (short on customers.” 8 > ?
.s 1 textiles, | Kroger G&B .. 371; 1 But constant research is gradually| modulation) and television. | munitions, machinery, synthetic om |L-O-F Glass . 5412 54 + 3 %{ You - could shoot a cannon! [email protected]| Arlington Mills year ended Nov.| ‘s/through the joint upstairs, he |"! £005 10.00 30 net income $596,831 or $3.13 a
aki pe {Lockheed Aircr 20% cutting this problem. The railroad] They expect FM and television nitrogen and rubber. Dy Siearii 2 locomotive is one .of coal's biggest stations to lose money for a long| Rul Mo weal) Jas e . ! SL} . { uhr Most Concentrated Mont Ward ... 51 5 “ ’ customers; 94 per cent of them are|time until receiving sets for them | |Nash-Relv .... 17% 17 % added, “and not hurt a soul.” Zeeaur 04 Stocker Cattle 24 Calves share vs. $938,809 or $9.65 in 1043. __Coal-burners. Germany, having &re widely distributed. And profits) What Germany's potential terrl- (Nat Phocuicrs © Tee “ay At least one merchant, though, Steers | Iittle petroleurh, has got much of | from standard —stations—must—pay--torial losses-will-mean-to her-ability -N-y-centrat== ht refused to-give-up.— rm ‘her gasoline and light oils from coal,| the cost of their development; they to make war is best Skala Dy a =r | ane ge ain't over yet, and we - 1.39130 some five billion gallons of it an-/5ay. (There are 350 apprications cataloguing what those areas have pan am Air... ya could stil: have another boom here,” | = 500. 800 pounds ...... coven 100001130) | nually. Experiments in that line| for FM stations and 100 for téle- | contributed to- her war production Poun BR dao. a said 300spound Monte Ferguson, | 800-1000 pounds ....s....... [email protected] ON i a cov] are being broadened ii U. 8 | vision mow pending before the FFC.) | in the past: Procter & G... 3, |owner of the Nome Grill. Medium current” fiscal year through Feb. 3, com-! = ® ahi The Ruhr. valley—an. area 60 by Pullman 21-Only.” he added. plaintively, “it | commone. o ***"*""" tr $TRGI0N pared with a year ago : *Thousands—of tons of “coal are 20 "Divofcefhents’ e eS 2 Pires OI pay," ] dded. plaintively, “it : d J year ago: used each vear to make nvlon. 20 miles, the most concentrated repub sti... ly | Sure is quiet around here. I guess Many-colored. fabrics waterproof Not the least of the reasons for manufacturing region in continental Reyn Tob oii 4 we got our reconversion headaches and wrinkle-proof, can be processed !N® radio station turnover is the! Europe. It is east of the Rhine, |servel mc... 13 's| ahead of every other town in the from coal. The list of by-products FFC order of late 1943 against north of Cologne, and in that valley | Secor Vacurm : 2 ~ 44 | country.” is long—medicines, paints, ete. ownership of more than one station | was located the bulk of Germany's std Brands ... : Coals big advantage is its cheap- |! & community. {heavy industry. The steel mills and Std Oil Cal... NEW FIRMS AND ness. To make it more efficient! Since then, there have been 20 factories were built on land that {std oil (NJ). PARTNERSHIPS 1 ie 1) i . , n } Texas Co ..... cleaner is the coal industry's big oy opemiens and nine cases are covered one of the richest coal fields, Texas Co Fox. 28% | Job. pe g. Price Plumbing & Heating Co., Hoefgen st. Plumbing and heating, Price, 1518 Hoefgen st.
erating
NOW; planried. :
hat the cided to
Bulls (all weights) Beef— Good (all weights) Sausage Gi
{
CALVES (700) Vealers (all weights) Good and choice -............,
Flying to U.S. STATEMENT RI]
asketball Stokers jesterday
Cholcae- : ~ 500- B00 poun Teves
wn TTS0QIZTS] 800-1000 poun Good—
Try TWA first for wartime travel. TWA Ticket Office, 108 W. Washington St., Clay pool Hotel Building. For reser vations, telephone =~
. LINCOLN 2596
Last Year | $51,223,918,436 40.623.657,717, 22,008,497.687 30,315,409,508 | 15,464,787,759 14,702,021,172 | 178.684.693.953 | 21,910,143,723
This Year Expenses .. $57,186.995 509 War Spend.. 52.240,959,587 Receipts . ai. 203,754,143 [email protected] | Net Deficit. 32,983,240, 866 Cash Balance 19,206.414,204 [email protected] | work. Bal . 18,533,506,850 Public Debt 233,747,681,337 Gold Res.... 20,548,611,409
7.50@ 8.73]
ELI + +4 ++ 14
. Calves (steers) Good and choice, , 500 pounds down Medium — 800 pounds down ...... ... Calves (heifers) Gud and Sholcne 00 pounds down [email protected]% i es n Medium °° 2 INDIANAPOLIS CLEARING HOUSE } $500 pounds down .. ... [email protected] | (feari SHEEP AND LAMBS (1000) Elearingy Debits Ewes (shorn) Good and ‘choice
POINTS THE way $ 4,311,000 18,788,000
In a forced ‘sale of in the world. Each of the valley’s|u 8 Rubber... 56% 5 5s Ne pe, the Selier ots 7108 have} six major cities wR canted of 8 Sieel oa +2 v ay tax on his profits if his) one or more phases of the manu acC- | westing El ...1223% OUR GOVERNMENT has about| ° P* plases 1 : maney is reinvested in radio, ure of steel, chemicals and power, | Zenith Rad ... ja 300 treaties with the 200-odd tribes :
The high prices paid for the sta- | For example, Essen was the home of | - : of Indians in this country, most of tions sold has been worrying FFC | the famous Krupp works and the| i 0Y VILLE which run for perpetuity. Some are officials for several months. But! center of Germany's heavy steel | |
“ rather odd, for these times. they seem 30 be the only ones. | industry. . ’ : ormer Chairman James L. Fly! .The Saar—An area of 737 square | PLANS EXPANSION Wu Sample, 3 21st Slerk | wrote to the senate and house in- miles. The Saar coal field is far| ) | half of calico last year as her share| Sele Commerce committees last smaller than the Ruhr or Silesian| gon ANTONIO, Tex. (U. P).—A|Abenis Bia Gorp com all of calico last |summer asking direction on policy but the area is second in import- + | Ayrshire Col com .. of the calico yardage one of the in" passing on cases where the| ance in steel making to the Ruhr program to expand San Antonio's BULK Su Jas com | SYIaN | s-Mer Cove New. Tom fEtbes get gach year = sales prices are far”“in excess of because of its own iron deposits Boysville” has been announced by | Belt R Stk Yas pi | e octaws, ever since y 3 | 3 : : li - | Bobbs-Merrill 413 pfd ’ going-concern: and physical prop-! Lorain | Don F. Holiman, founder and gen have been getting $600 a year for pay! prop-| and its proximity to the rich the upkeep of a blacksmith and
: Central Soya com erty values of stations. iron deposits. leral manager of the institution Circle Theater com money to support.a troop of light Only Rich Can Buy horseman. Another tribe gets 400
: i " [Comwlth Loan 5% pfd ....:...105 108 Silesia—"This is my Peru, Fred- |. tablished to “provide a home for! Delta Elec com... ; or erick the Great once said of this| : f ab Electronic Lab com But he received no answer. And | industrial area which is 25 miles! care and understanding of aban- Hook Drug Co com saddles and bridles, which are sold | Chairman Lea of the house com- jong -and 12 miles wide. It out- doned boys’ pronto because members of ‘the mittee says he canhot see what! ranks the Saar as an industrial The ‘present capacity |Indpls P & L ptd |... a 17 |St. Mishawaka; agent, T. Vernon Lowe, | \ tribe like automobiles better: An- public interest would be served by! area and is second only to the ville” is 20 boys, but when the ex-|1,;0ic p © 1 Yom 1918 Homewood ave, Mishawaka: 1000 Daily 9:45 a. m. to 5:45 p. m.
| Home T&T Pt Wayne T% | Ind Asso Tel 5% pid 5 | : : % s 1 WOE on shares without par value; to -econduet a other tribe gets $320 worth if iron | regulating the prices of radio sta- Ruhr in heavy industry and pro- Pansion program calling for a new | Indpls Hvays com * [general engineering and contracting busi- Monday 12:15 to 9 p. m. and steel: tions. He says the law | ] z
of “Boys-|Ind & Mich E pfd ............1 i : : its two-story building with dormi- 1,4nic water Glass A oi. | ness; T. Vernon Lowe, Okal M. Voorhees, gives the duction of minerals. In 1943 its) { Indol er Class A com . The office of Indian affairs han- .
[email protected] 13.25@ 15.25 cereal ot [email protected]
INCORPORATIONS
William Tell Woodcrafters, Inc, 345 t st, Tell City; agent, Edgar .} , | Schergens. 537 Majn st, Tell City; 1000 shares without par value; J. Henry De“''|Witg, Alfred Coffinet, Eugene Huth-| ‘** | steiner, Edgar W. Schergens. - ! 711 Taxicab Co., Inc., 410 Pear] st. New| Albany, agent, Roy L. Marsh, same ad{dress; 1000 shares without par value; 15'5 | Roy L. Marsh, Mary Marsh, Jennie D.| 57% | Williams.” | 19% | The Milmer Corp, Indianapolis: disso- | «+++ lution,
Mishawaka Builders,
LOCAL ISSUES 00d 2d Sheree,
Common .....
GLASSES
J ON EASY TERMS
Dr. Chas. B. Early i
OPTOMETRIST ~ OFFICES—First Floor Mezzanine
' Nominal quotatichs. furnished by anapolis securities. dealers, : STOCKS
Ins.
328 8. Main OFFICE HOURS
A)
Wasvinaron ran
FFC no such power, dles such treaties. It had a $26] The FCC complaint on this score million bydget, last year and 12,000 is that purchasers who pay prices employees. There are around 400,-|out of proportion to actual value
000 tons or 36 per cent of Ger- | cational training quarters is com-
coal output was more than 90,000.- tories, recreation facilities and vo-
's total i | pleted, “Boysville” ‘expects _to be Being lad Fils ares Russian | ble to welcome 55 new homeless
000 Indians, now, an increaes of 100,444 in the last 10 years,
LOCAL PRODUCE
*" breed hens, 240. Leghorn hens, ¢
Brotiers,: fryers and roasters, under 6 Ibs., white and barred rocks, 28¢. ’
Old roosters, 15¢. Eggs—Current receipts, 33c; grade A large, 37c; grade A medium, dc: grade A small,” 28¢; no grade, 3lc
Butter—No. 1, 60c. Butterfat—No, 1, 49¢c; No. 2, 36c.
CHILDREN'S COLDS
- Relieve Miseries With Pine Vapors
PINE BA
THE V
—————————— SHOE REPAIR
HEEL LIFTS ATTACHED |
Please oall for shoes when promised
FASTEST SHOE REPAIR IN TOWN WHILE-YOU-WAIT SERVICE
McCRORY'S
17 E. WASHINGTON ST.
| censes.”
DOWNSTAIRS
and income are really paying the extra money for broadcast channels which under the law, belong to the general public. Commissioner C. J. Durr dissented on commission approval of thres sales lately for ‘this reason. Hel pointed out that one important feature of the American broadcasting system had’ been that individuals and groups with only moderate means could establish and operate radio stations, “The present inflationary trend in the price of radio stations will tend . . . to push radio broadcasting more- and more beyond the reach of any but the well-to-do,” he said. “Certainly the inflationary trend should nét be encouraged by permitting the capitalization of 1i-
One of the sales to which Commissioner Durr dissented was of station WILD at Bessemer, Ala., for $106,000. The station listed its net worth, including tangible and intangible assets, at $14,236. Its net income for 1043, before federal taxes and without deduction of any salary for the proprietor, was $4966, Mr. Durr said. The purchase price for WJLD, he said, represented a profit of nearly 800 per cent- on the cost of its physical properties and over 650 per cent on its net worth. 4 ————————————— NEW R. C. A. SALES UNIT NEW YORK, Feb, 5 (U. P).— Radlo Corp. of America today formed a new R. C. A. international division to supervise sales and other activities of the company and its subsidiaries outside the U. 8.
Mother heres a \ fast-acting chest rub
that will not irritate childs
skin Remember, your shild’s skin is thinner, more delicate
Get
Er os SER
‘ ain
eT:
MENTHOLATUM!
2 io P Menthofatum. With no irritation to delicate norrial skin, Mentholatum helps ease away soreness and tightness from cough-wracked aching chest mus cles... vapors rise high into nasal
‘| passed by the senate, was designed
armies and is destined to be combined with Polish Silesia in the reconstructed Poland,
88,169 BUSINESSES GONE DURING YEAR
NEW YORK, Feb. 5 (U. P).— The business population of the United States showed a net decrease of 88,160 during 1944, Dun & Bradstreet, Inc., reported today. The authority pointed out, however, that the last six months of 1044 evidenced a complete reversal in trend beginning in July and continuing through the. remainder of the year. In the final half, new enterprises exceeded withdrawals by 28,460.
_1 0. Zervas is managing director.
boys. - HESS RENAMED BY ELECTRIC LEAGUE
Dan C. Hess, Indianapolis Power & Light Co. vice president, has been re-elected president of the Electric league. C. H. Domhoff, Guarantee Tire & Rubber Co. was re-elected Vice president; ©. PF. Fitchey, General Electric Supply Corp., secretary; C. G. Lammers, Westinghouse Elec~ tric Supply Corp. assistant secretary; H. G. Crawford, Allis-Chal-mers Manufacturing Co., treasurer, and P. G. Winter, American Elec-~ tric Co., assistant treasurer. Walter
Plan to Curb FDR's Power
To Create Government Firms
- WASHINGTON, Feb. 5 (U. P.)—8enators Harry F. Byrd (D. Va.) and Hugh Butler (R. Neb.) today revealed plans to introduce a bill to place sharp curbs on the President's power to create government corporations to subject existing corporations to stringent . congressional
control.
with possibly “ulterior motives,” Butler said the bill was based on the growing realization that congress “has been very careless in the past and is now ready to establish order in the corporations.” He said the proposal had bipartisan support and that had “no connection with the George bill, Henry Wallace, Jesse Jones or afly other individual.” The George bill,
to divorce federal loan operations from the commerce department <n a move to keep them out of Wallace’s hands in event he is confirmed as secrétary of commerce. Byrd said one“bhase of the proposed new measure had been approved by the senate when it wrote into the George bill his amendment to place the reconstruction
“| finance corporation ard other cor-|"
porations, under jurisdiction of the
According to the administration of setting up secret corporations
Kingan & Co pid Kingan & Co com . Lincoln Loan Co 55% Lincoln Nat Life com P R Mallory 4%% ........ P R Mallory com N Ind Pub Se
0 | 33% | Ne} 111'a | 108%, | Pub Serv of Ind com ... 4 Progress Laundry com Rosy Gear & Tool com go hd eg 48% : ely-Van Camp pr pt Uhited Tel Co §¢ W Union Title com
Algers Win'w RR 44% ...... American Loan 5s 51 ... American Loan 5s 46 ... Buhner Fertilizer 55 54 . Ch of Com Bldg 4'zs 61 Citizens Ind Tel 44s 61 Columbia Club 5s Consol Fin 5s 50 . Ind Asso Tel Co 34s 70 Indpls P & L 3%s 70 ...... Indpls Railways C6 5s 67 Indpls Water Co CYss 68 Kuhner Packing Co 4s 54 ..... N Ind Pub Serv 3'is 73 N Ind Tek 42% 55 ... Pub Serv of Ind 3%s 73 Pub Tel 415s 55 .... Trac Term Corp 5s 67 U 8 Machine Corp 5s 52
*Ex-dividend,
poration may he created by any federal agency Yexcept by. direct congressional action or. pursuant to an .act. of congress specifically | authorizing such corporation.” The RFC itself was created by | an act of congress, but many of its| subsidiaries—defense plant corpor-| ation, defense supplies corporation | and war damage corporation, etc.— | were set up by the RFC itself under its broad powers. Many other existing corporations have sprung up through executive orders issued by President Roosevelt. The proposed Byrd-Butler bill was regarded primarily an at-| tempt to restrict Mr. Roosevelt's corporation-creating activities;
USE OUR BUDGET PLAN
general accounting office for aud-
WAGON WHEAT
Up to the close of the Chicago market today, Indianapolis flour mills and grain elevators paid $1.67 per bushel for No. ) merits); oats, ‘No. 2 white or No. 3. red, red wheat (other grades on their testing 32 bs. or better, 69¢; corn. No. 9 yellow shelled, old Stop. 81.00% per pty and No. 3 white shelled, old erop, s %.
..| Without par Sa. Hehneth C. Herrington, Joseph J. Hemp-| . | ling.
1 deff Nat Life cons... res 3% 17% | Joseph W.. Jontz, Howard W. Lowe, R.
Loran Barr.
Mishawaka Wholesalers, Inc., 328 8. an st; Mishawaka; agent, T.” Vernon! Lowe, 818 Homewood ave, Mishawaka; 1000! shares without par value; to deal in lumeber, coal and general merchandise; Ti Vernon Lowe, Okal M. Voorhees, Joseph | W. Jontz, Howard W. Lowe, R. Loran Barr, | Bunker Hill Creamery Co. Inc. Bunker | Hill; agent Leo L. Kriner, 210 Bankers] Trust bldg, Indianapolis: ~100 shares! without par value; David Rosen, Leo L. Kriner, Paul B. Clark. «A Portage Oil Corp., 1208 N. Division at. Mishawaka; agent, Fesler A. Millbern, 646 E. Irvington ave., South Bend; 1000 shares value; Fesler A. Millbern,
on Everything!
Oldest Loan Brokers in the State
Diamonds, Watches Musical Instruments, Cameras ; i ud Clothing, Shotguns, Efe T
The CHICAG
146 E. WASHINGTON ST.
JEWELRY Co., Inc.
of MOTH HOLES —. BURNS N SPOTS
LEON TAILORING CO. 235 Mass, Ave, 1.00 Wade ai
SAXOPHONE 4 95
Per
Lesson
> Instruction INDIANA MUSIC CO.
115 E. Ohio St.—FR. 1184
~ BUSINESS DIRECTORY
Everybodys CREDIT IS ©
SEYMOUR
ASKIN & MARINE STORE
141 W
=
Washington Ns
Ezxtravagane«
LEVINSON
Your Hatter
THIRD
B. PALMER of New York
"in MURAT
IYI RNR ail1:
CHRISTIAN SCIENCE
UNDER AUSPICES OF
CHURCH OF. CHRIST, SCIENTIST, INDIANAPOLIS, INDIANA
Entitled: “Christian Science: Its Teaching and Its Practice”
By . » LEWIS, CS.B.
Member ‘of The Board of Lectlireship of The Mother Church, The First Church of Christ, Scientist, in Boston, Massachusetts x Michigan and New Jersey Streets : ~ ~ TUESDAY EVENING, FEBRUARY 6TH, 1945
: 8 o'Clock ; CoA an _, THE PUBLIC IS CORDIALLY INVITED TO ATTEND
City, N. Y. THEATRE. . °
o
PEARSON'S
128 N. Penn. LI-5513
B A N D INSTRUMENTS RECORDS eo SHEET MUSIC
You Save Because We Save Men's Suits & Overcoats
18° 21" ‘24™
CASE CLOTHES
WE Buy Diamonds
HIGHEST CASH PRICES
STANLEY Jewelry Co.
18 W. Wash. . Lincoln Hote) Bldg, 1% USE Youn ono ai |
on SE . No
FURNITURE s PIANOS |
LOW-RENT OFFICES All outside, light, modern rooms.
“THE THOIANA TRUST BLOG.
MA-1441 { Cor. Virginia Ave. & E. Wash. St.
————————————. OXYGEN THERAPY
This Equipment Can Be Rented at HAAG'S 402 N. Capitol Ave.
Day Phone Night Phone L1-5367 ; Rime
¥ § i : i i