Indianapolis Times, Indianapolis, Marion County, 14 February 1945 — Page 12
Business
_Servel's Basic Pafents Run Out But “It lint Worried by New Competition .By ROGER BUDROW ree
SERVEL'S basic patent on its gas refrigerator made at Evansville, Ind., has expired and several other patents) ' on inventions used on the refrigerator are expiring. |
But Servel says it. doesn’t think) that any company using that ex-| pired basic patent only could make LID ON INCOME | 8 refTigersior that would compete | seriously with i) TAX BACKFIRE ufacturing know-
bas patented see
and has the man- up «a
=
. - oi
THE INDIANAPOLIS TIMES rr
UU go LAER EST) 7% BILL Lie); 1944
. A Last year Americans spent $7,000,000,000, or about $54 a piece, for | | aleaholie beverages, according to department of commerce figures. This is ar all-time record. Last year's expenditures were 18 per cent | higher than 1943's, but over 9 per cent of this is due to excise taxes, |_which alone ran some $2,000,000,000, Of the $7,000,000,000 we drank.
pre-war or post- | war el. Servel has patented Arkansas Withdraws 0. K.; how as well as a distribution co n- | Patman- Charges nections that give ‘Déception ’
it an. advantage) over any new LL By. MARSHALL M’'NEIL Scripps-Howard Staff Writer
« over
500,000,000 went
for 165,000,000 gallons of “hard liquor” and mixed
drinks . . .
drought beer and . . .
competitor. WASHINGTON, Feb. 14. —-Aralmost 10 per cent of the refrigera- | for a six to nine-room house. It | appeared to be growing in the mer. {25 per cent ceiling on federal in- |
But Morgenthau Says They ~ Will Be Far Higher Than Pre-War.
‘WASHINGTON, Feb. 14 (U, P). —Secretary of the Treasury. Henry ‘Morgenthau Jr. today told congress that a “strong” post-war tax system must be maintained “at a rate far higher than pre-war expenditures.” The public debt, he added, must be reduced as rapidly as possible. Morgenthau proposed these poli-
June 30. And for the first time, he went on record as favoring post-war tax reductions to encourage expansion of private enterprise. “Such measures are essential to the realization of full employment in a peacetime economy of free enterprise and competition,” he said. Dashes ports He added that “little if any” ‘tax reduction could be expected until major hostilities cease. Premature tax relaxation, he said, might tend to defeat the aims of the stabilization program. The treasury is
— In the five prewar years (up to 1941) Serve] sold ay be leading the way tors bought in U. 8. A big post-| kansas. may 8 wat item will be its gas-fired unit] | toward reversal of a movement that | heats, humidifies and circulates air | states to force congress to call al in winter, cools and dries it in sum-" constitutional convention to put a | : come, gift and estate taxes, { At least, Rep. Wright Patman (D.
#0 * AMERICAN CENTRAL Manu-
at Connersville, | Tex) facturing Corp, hing in reporting that Arkansas, |
Ind, expects to be turning out post- | {which joined the campaign for the | war products within 90 days after tay ceiling in 1943, has now re- | V-E day. [seinded its action. | Among them will be kitchen cabi-| The Arkansas legislature passed nets and sinks (designed by the a resolution over-ruling the action | well-known Raymond Loewy), civil- of the earlier assembly, saying the | ian jeep bodies (25,000 already on | purposes of the original action had order), refrigerator cabinets for Ad-| {been “misunderstood - by .various miral Corp. (which bought the] { members of tie house and senate.” Stewart-Warner refrigerator busi-| Rep. Patman said he had had Tiess that used to be located in In- |“numerous requests from members dianapolis). lot various state legislatures which American Central, a subsidiary of have passed the endorsing resolu- | Aviation Corp., has ordered $720,000 [tion as to how they might rescind worth of machinery and equipment their original action.” of gasoline and 314,862 tons of oil]
to make these items and is nego- | o Started 1 Years Ago ij- | were delivered to Swedish ports |
tiating for the Steel Kitchens Corp., | y ins it in -|- The campaign for the tax ce vl pia aaiotns 1 1 Conners | n ba oh 8 Yittle-kno | from the U. S., bringing 54 a Bddition . [ing is based upon a little-known |, 'oo;, $13,700,000 to the land never-used provision of the national income that year, Aer ry is | ODDS AND ENDS: The first constitution which says that when | yniikely that these ‘totals will be shipment of caviar since reached U, S. from Russia this| States petition congress, week. making to “earty robot bombs gets| ments to the. constitution, | one mile on a gallon of gasoline; it! Over the last seven years or so| carries about 157 gallons. , . . The Various organizations have pro-| brokerage firm of Merrill Lynch, moted the plan to have state legisPierce, Fenner & Beane finds the latures pass resolutions asking con-| total cost of the war to date is BTess to call the convention, and $1,250,000,000,000—one ‘and a quarter Propose a 25 per cent federal in- | trillion dollars, five times last year's come tax ceiling. Wyoming was the national income, . . . Some in the first to make such application in| sidered quite good. A representa“Businessmen for Wallace” group | 1939; and since then 14 other states, ,,.. of the Swedish traffic board were helped to power through RPC according to Mr. Patman, have, .. caid4 that were it not for the loans from Jesse Jones. . . . Post- Passed the income tax ceiling reso-} ype. shortage, 50 per cent of the war notes: The navy is giving trial lution. The total was 18 DelOre | peacetime traffic volume easily | orders ‘to alr conditioning manu- Arkansas changed its mind. | could be maintained. facturers for de-humidifiers for| Rep. Patman’s list shows ‘these 14 io rather reasonable to expect!
small vessels the navy expects to states have petitioned congress in|, ‘cuiqish truckowner to hesitate] store after the war. behalf of the tax ceiling: Alabama, |
A EC Tea = 1a, (Dn tate Toe: Me ati, user besuse there Js gasiiive in) 100,000 ARE IDLE IN Michigan, Mississippi, New Hamp- {she ad pet salon PUERTO RICO STRIK shire, New Jersey, Rhode Island, | quite aware of that. SAN JUAN, P. R, Feb. 14 (U. P).| —Approximately 100,000 sugar work- |
Wisconsin and Wyoming. | The extremely high gasoline taxes Cites Results in Sweden are apt to create a firs ers. were idle today throughout! SOme months ago, ‘recognizing class obstacle. The American export Puerto Rico as twp unions—the Con-' that the campaign for the ceiling federaction General de Trabajadores | amendment would be renewed beand The Federacion Libre de Tgaba- | cause’ most state legislatures meet jadores—called a general strike in! the sugar industry, - this year, the treasury published a The latter union called the strike study of “the proposal. “This cofi--seeking recognition as ‘the workers’ [cluded that it would be very harmbargaining agent, while ‘the former, ful to government finances and which won the right to represent credit. the workers in an election Jan. 31,| Lately, Rep. Patman-—author of was striking for an increased wage- the soldier bonus act, and a bill to scale. tax chain stores practically out of : existence—has become thé most | vocal opponent of the scheme. “The. gentlemen at the head of the movement to put over this {amendment,” he said, ‘are masters at deceptive propaganda and the subtle manner in which they have waged their campaign "is to be respected, If not admired, for its cleverness.” * \ LOCAL ISSUES | The congressman contends that if the tax ceiling amendment were to become part of the constitution, these results will follow:
By ERNEST
STOCKHOLM, Feb. that Sweden, and another neutral, and gasoline customers they were
{factors - created during: the -war. {Also, one cannot overlook the cer- | {tain possibility of competition. In 1939, some 123,404,210 gallons |
s » it shall | cause of the very black and evil]
Of the 78,000 Swedish cars now left on the road—there were 297,500 motor vehicles in 10839—71,000 of them are provided with gas pro-| ducers, which turn out a fuel con-
accordance with post-war tax regulations and thus the price on Swed- - ish gasoline will be at least twice as high as in pre-war days.
Money: Invested
Another hitch is that some $18,000,000 are invested in Swedish gas producers and the investments are: part private and part made by the state, and the latter is going to be repaid in tax money. The Swedish gasoline industry also appears on the scene. Big investments have been made during the war in building up such an industry, based partly on production of motor alcohol and partly on expensive slate oil works. That industry is ready to face any peacetime competition and a forced consumption of its products is to be expected. But despite the high cost of gasoline that will be experienced here
PUERTO RICO LARD FROZEN
SAN JUAN, P. R., Feb. 14 (U. P,. ~The OPA today froze all lard supplies in Puerto Rico until Feb. 25, because of a sharp decline in the island’s stocks and the inability to increase imports.
Nominal quotations furnished by Indi-
1041 | the legislatures of two-thirds of the | eached in the post-war years be- |
.. The jet engine Ford is| Call & convention to propose amend- | smoking charcoal gas producer. | Gas-Producers Used
about throwing away his gas pro-| :
LINDBERGH
United Press Staff Correspondent 14. Although post-war vide a big market for American products, there is a good possibility Switzerland, won't be thé same oil
in 1939.
Europe Will
has a the ‘house 2/Sweden May | Not Need Much Of Our Post-War Gas Export
Imports of these vital fuels, it was said in trade guar, prob{ably will be strongly impeded by several internal economic and Produesion
pro-
working with a joint committee from congress on matters of postwar tax policies. He assured congress that there was no question of the ability of the country to pay off its huge public debt. Morgenthau poured cold water on {reports in financial centers that the !government was about to offer higher interest rates on its securities offerings. . Interest Rate 193% “Continued low interest rates,” he sald, “will be a major contribution
HOGS SELL HERE
{to economic stability and the main{tenance of full employment after {the war, for low interest rates stim- | ulate business and encourage new enterprise.” The interest rate on the public
FOR TOP PRICES cic
aged 193 per cent, Morgenthau said. Total treasury receipts during
Today's Market Is Active fon 1944 were $45,400,000,000, or And Unchanged as 4500 Porkers Arrive.
An- active Indianapolis livestock |
!five and one-half times thase of 1941, Morgenthau said. Neverthe~ |less, he added, they met léss than {half of the war's costs in the same 12 months. He said he does not expect indi-
market ‘remained unchanged again viduals to cash in their war bonds today, the war food administration On a large scale when the war is
reported. Choice 160 to 400-pound | Over.
{hogs brought $14.80, ceiling pay. Receipts were estimated to reach | afforded by their savings in gov-
14500 hogs, 1000 cattle, 400 calves, €rnment securities.
and 500 sheep.
GOOD TO CHOICE HOGS (1500) 12 $14,[email protected] | will enchance the contribution of
140 pounds ! 140. 160 pounds 160- 180 pounds 80- 200 pounds
200- 220 pounds ...
220- 240 pounds
270- 300 pounds 00- 330 pounds 330- 360 pounds Medium — { 160- 220 pounds
Packing Sows t Good to Choice—
270- 300 pounds
240- 270 pounds a
300- 330 pounds os
Good
400- 450 pounds ,.....
“450- 550 pounds Medium— *250- 500 pounds
330- 360 pounds .
‘price will probably be doubled in| 30 00 Pounds
} Slaughter Pigs edi um to Choice—
- 180 pounds
CATTLE
Choice— 700- 900 pounds 900-1100 pounds
1100-1300 pounds .... 1300-1500 pounds .....ss ;Good—~
ceneyranees 13.752 16.00 sanseareane 13.75@ 16.00 13.75@ 16.00
700- 900 pounds . 900-1100 pounds -.
C1006) Steers
1100-1300" pounds ...¢
1300-1500 pounds Medium — 700-1100 pounds 1100-1300 pounds ¥ommon— 700-1100 pounds
Choice 600- 800 pounds 800-1000 pounds Good — 600- 800 pounas 800-1000 pounds Medium—
Heifers
500- 900 pounds. .
Common = 500- 900 pounds
14.50@ 14.80 80
. [email protected] [email protected]
[email protected] | [email protected] 16.00@ 18.75 [email protected]
... 16.00617.00 .. 16.00@ 17.00
14.00@ 16.00
But he predicted high spending from income, based on security
“The distribution of savings bonds ‘among many individuals in the relatively low income groups
such spending to the maintenance of economic stability,” he said.
SPANISH RELEASE
| NEW YORK, Feb. 14 (U. P.).—| | Quicksilver production from Spain's
{ Almaden mines, which at one time produced half of the world’s metal, will again become United States consumers as soon as shipping space becomes available, Metal Trades, Inc, announced | today. While no offers have actually been- made, the price is expected to be in the neighborhood of $160 for!
The local mercury market earlier! this week rose to $175 a flask, as a new demand for mercuric oxide de- | veloped because of dry cell battery
[email protected]! i nan requirements needed for the armed
15.00 16.00 [email protected] |
forces +dropped to $100 compared with a | high of $196 reached at the begin- | ning of that year.
and oldest in Europe.
POST-WAR TAX | CUT FAVORED}
| cles in his report to congress on the fiscal year, 1944, which ended lastly
front, heing examined by Pvt. Paul Rack which incases it is inclined in
charge of high explosive upon contact.
Another Nazi Rocket
Photo shows a number of carefully camotfiaged “Wurfkoerper,” new ‘German rocket-shells, captured hy U. 8. 3d army on the Western
Weapon Is complete as seen in photo,
charge in hase is set off and shell rockets up, exploding its 110-pound
WEDNESDAY, FEB. 14, 1945
TENITE T0 GET ARMY-NAVY
At War Memorial on Feb. 23.
: accomplishments in the production of ‘war materials, The award will be presented at 8 ceremony to be held in the World War Memorial auditorium at 3 p. m., Feb, 23. The Zenite Metal Corp. was ine corporated in 1908. Prior to the war it was engaged in the metal moulding and general stamping business to which it wil] revert after the peace has been won. Since 1942
Thistlewaite of Opelousas, La. requiring no gun or launcher. ° direction of target, propelling
2 WAGE PLEAS HERE REFUSED
Increases Denied at Metal Auto Parts, National Starch Co. CHICAGO, Feb. 14 (U, P.)—The
regional war labor board yesterday | denied a 3-cent hourly increase
dianapolis. The request was ma by the United Cannery, Hie tural Packing and Allied Workers of America, docal 92, C. 1. O. A request by the United Auto| Workers, local 226, C. I. O., for gen-|
The hoard ordered the parties to] negotiate new rates of pay for| hourly paid day workers.
plant of the International vester Co.
In other decisions the board:
requested. by the Federal
170 workers at the Mogul Rubber | P.
after six weeks’ service. A new rate and progression schedule was | ordered.
Approves Delta Contract
Ordered paid vacations of one; week for employees of a year's| service and two week's after five| years’ service for 200 workers at. ie Hartford City Paper Co. Hart-'
a flask of 76 pounds, duty paid. |
In mid~1944, the price had
The Almaden mine is the largest |
ford City. The International Broth-!
1325G14.60 MERCURY FOR U, S. |erhood of Pulp, Sulphite and Paper | Jb Workers, local 186, A. F. of L,,
| represented the workers Denied a request by International) Brotherhood of Teamsters, local 364, | A. PF. of L., for a 17 per cent general | wage increase and increased night
available 1t0|ghift differentials for 258 employees
of Drewry’s Limited, U. 8S. A, Inc, South Bend. Time and # half overtime pay for the sixth consecutive day worked was granted. g Denied a request by the United Steelworkers of America, local 3133, C. I. O. for maintenance of membership and checkoff provisions at the Calumet Steel Castings, Corp., Hammond. J Ordered maintenance of member-| ship and checkoff provisions at the | Schact Rubber Manufacturing Co, Huntington. The decision ~favored, the United Rubber Workers, local 130, C. 1. O, representing 200 Workers. Approved agreements between the.
Next ranking | Delta Electric Co., Marion, and the|
producers of mercury. in the past, in| International Brotherhood of Elec-|
5! order of- importance, have been United States, Austria, Peru, Italy, |
Cows (all weights)
China and Mexico.
| trical Workers, local B-1171, A. F.| of L., regarding wages, vacations] ‘and retroactivity.
Jimmy Walker
James J, Walker, York City mayor, has been elected president of Majestic Records, Inc, New York, a subsidiary of Majestic Radio & Television Corp.
in! basic wage rates of 180 workers at N| N National Starch Products, Inc. In|
met yesterday and re-elected all!
eral wage increase for 270 workers {members of the hoard: of directors. at the Metal Auto Parts Co, Inc.,| Officers were then renamed by the Indianapolis, was also turned down. | | Board.
| Coval, Wage raises ranging from 5 to 10| | Bristor, cents an hour were granted to 390 cipher, secretary; G. W. Thompson,
employees at the Ft. Wayne, Ind. | tre@s er; Har- | ma
{ Bristor, Albert F. Bromley, Arthur Denied a night shift premium V. Brown, Labor Coval, Linton A. Cox, George B. Union local 22702; A. F. of L., for Elliott, George C. Forrey Jr, Frank
Corp., Goshen, and a company re- | Sadler, Timothy P. Sexton, George | quest that part-time workers should |W. Snyder, Mr. Stonecipher and not be required to join the union Leo F. Welch.
“*lon defense work. The executive officers of the come pany are H. R. Duckwall, presidentj
Gets New Job
CHICAGO, Feb. 14 (U. P).~ former New
Garrett, secretary-treasurer, ammunition branch of the Cincine
presentation address. Mr. Murray will accept the award in behalf of the employees, Lt. Cmdr. W. A. Chapman, junior
Walker, a member of the Amer- officer in charge of navy recruiting
fcan Society of Composers, auth- tion 1 jana, will pre ors ‘and Publishers. {and induction for Ind pres
of the $ paent co Sompany.> + |
Is a direetor | ont the individual award pins,
Mayor Tyndall will give the ade (dress of welcome,
up U.S. STATEMENT
WASHINGTON, Feb. 14 (U. P.)~Oove erie oS Dense and receipts Sor 2 the
RENAMES OFFICIALS rueeocrex, va.
The Union Title Co. shareholders pared ha ] year ago: | Expenses ...§ 59,530, 1343, 33 $ 565, hi 813, yi 6
war Spend. . | Receipts 23,831,971, " Net Def. .. 32,126,824 680 Cash Bal. .. 18,613,411,69% | Work. Bal 17,850,642,578 183,531,924,23
| Pub. Debt . 21,822,829,
Gold Res. .. 320,307, 938.460
The officers Included Willis N.| IG. HOUSE | - INRIANAPOLIS CLEAR ) board chairman: Albert M. Ciearings
president; H. BE. Stone- Debits ...
Vern E. Bundridge,!
I. Directors are Edward: Adolay, Mi!
A Checking Account at
AMERICAN NATIONAL BANK
AT- INDIANAPOLIS Member Federal Deposit Insurance Corporation.
Mr. Bundridge, Mr./
Huse, John K. Parry, George
KEEP. FOODS SAFELY COLD... USE ICE
Melting ICE provides SAFE, LOW temperatures. Your MODERN ICE REFRIGERATOR safeguards all foods with ample
cold, ample moisture and clean-washed air,
®
w
POLA
FUEL CO. 2000 NORTHWESTERN AVENUE
37 W. 16th St. 1902 S. East St. SR) Lz CLL ia ld
ICE AND
Award will Be Presented
The Zenite Metal Corp. has ree ceived word that the army-navy | ‘E" award will be given the men and women of that company for |
the plant has operated 100 per cent |
A. D.«Murray, vice president; J. L | Maj. G. H. Tompkins, chief of the |
nati ordnance district, will give the |
Wn
MIS : 25, as th The cere bride-to-Milner, 1
officiate. Miss © prospective Mr. Cline
Mrs. W this aftern today. Ast Berkley W George M: Larsen, Hs ‘Wheeler.
Patrons /
PATRC sity night” Pinafore,” | council for Among George F. Gino Ratti will be repr They | Dorothy Zie Alpha; Mis Alpha Thet dricks, Kaj ‘Gamma,
Parties A
SEVER! and Mrs. ] have as the Carl R. Ro also, as will Misses Hele group of se!
Mrs. Do Thdianapolis “Dumbarton bers of the ter, D. A. BR.
°
Mr. and New York.
Camp Plan |
“Hi, Neigh! + exhibit whic}
| will stage in
week of web. The ciVic s Indianapolis cil will be | assisted by | Blue Bird an as well as ot Mrs. Jesse the general sub-committe Yeager, exhit ling, decorati program, an and Mrs. Pet The histor; in Indianapol the six-day committee we is formed by school 66 wit] ons as leader. Exhibit A special Feb. 26 will I costumes wo! year the nati gram was in: worn since th: The prograi tay includes don, Nancy | Halgren and'K style show wi and 7:30 p.m club members. The history special progr issued a reque dresses of for guardians and living in Indie From these
anapolis securities dealers STOCKS
after “the war, there are few’ who! Feally believe in the future of the S00 gas producer. A-world-wide adapta- Cutter an 1d ‘com wrecked ion" of dry carbonaceous fuels is C*°"* virtually impossible—at least in view ' Beet— "Of “conventional-olorcar. construc. Good al tions. The danger of carbon mon- Good . . oxide poisoning is far too great and Medd i mrtadn the engines are as vet built to op‘erate’on gasoline and only on gaso-
not they wer: Indianapolis o mittees will s which to con history. The commit fashioned cost Fire supplies, monial gowns exhibit. Persons: wis] material or in mer Camp Pir Camp Pire of ton st.; or Mrs
[email protected] | — = ee art diivamp—
It's a big event... Have a Coca-Cola
1. The principle of id - Asked | pay” will be discarded 20 2. Small. business will be 17'z | because big business will be able to Yrkeep so much-pf-their-“huge profits” that little business will be unable to 35% compete. 3. Government will be unable to Delia_Eieo com crnnien 143 15'2 | collect sufficient money to provide mn >. for more than payment of interest
“ability to
Agehts Pin Corp com .....:.. nau a0 Azents Fin Corp pfd ..........
Ayreshire Col Bulls (all
~ eights) 1225@ 13.00 TT50@ 13:5;
10.50@ 11.50 9.50@ 10.50
R8tk Belt R Stk Yds pf weightst Bobbs-Merrill com Bobbs-Merrill 4%, Central Soya com. Circle Theater com sennse D3 Comwlith Loan 57% pra chess 8 108 -
ple
17.50@ 18.00 [email protected] 8.00@10 00,
Stocker Cattle and Calves
CALVES (10m) : Vealers (all weights) Hook Drug Co com 15! 10% line. Good and choice Homie T&T Pt Wayne 7% pfd. ! on the national debt when the war — Ind Asso Tel 5%, pid 10 Cull
Common and medium Ind & Mich E.pid,... ..... 110 [15 OVer, N, Y. Sto ks
Indpls P & L ptd 11672
Feeder and
Reasons Given Steers
Indpls P & L com ; 23, Indpls Railways com oe Tad Water pid ndpls Water Class A com 20 ar 2 § y REE LC 9 n no longer be able Eingan & Co pid . g4 from the government. ingan & Co com 2% 3 “H 4 of Lina Ton om vi 2 5. The government will be*finanLmeoln Nat Life com 7:4 491, cially unable to provide for incapaciPp Mallory 4%2% ‘on 333 P. R. Mallory com . 33 + | tated veterans N Ind Pub Serv 5% 6. Old-age assistance will have to Pub Serv. Ind 57% “ n : Y pa Pil} Bory oF IDQ com: end and “much’ of the social se curity program generally will be wrecked.”
Progress Laundry com ow ® Atl “There can be no soil -conserva- /
n gw Choice-~ dependents will A 50 pounds to receive relief Net 800-1000 poun Low Last Change Good-Allis-Cha' 444 44%, 1 500- 800 poun Am Can 91° 91 1% 800-1000 poun . Am Loco 33! 32% 33% Medium-— Am Rad & S8 500-1000 pounds Am Roll Mill Common--Am T&T 500- 900 pounds Am Tob B Calyey (steers) Am Water W Good and choice 41 aconda 500 pounds down Medium 500 pourds down . Calves (heifers) Good and choice— 500 pounds down ... 10.50@ 14 Ty ¢ Medium— 500 pounds down . . 8.50@1050 SHEEP AND LAMBS (500) °
Ewes (shorn)
4. War veterans
— , 11.50@12. 11.75@ 13.00
10.00@ 11. [email protected]
8 [email protected] 150@ 8.76
111% 110 2
] AB
Ross Gear & Tool com nr 200@1 1.98 Bala Yor o ct
So Ind G&E 4.87 ‘as 1 110 - Stokely-Yan Camp pr pt a 19%4 / nited Tel Co 57; ahaa Uni ile om 0 on payments to farmers Ben ie Loan in sleet BONDS “There can be no help by the gorden oo . bro ral government for construction Borg-Warner Algers Win'w RR 4'%% £1 ‘aterpillar T American Loan 5s 51 ‘+ lof” highways . nor for improve-' ches & Ohio American Loan 55 46 .... . ment of our rivers and har gp Child Buhner Fertilizer 5s 54 .... ; p 4 harbors, Curtyss-Wr Ch of Com Bldg 4'us 61... ‘| Advocates of the tax ceiling ad-| Doug Airc Atizens Ind Tel 4's 61......10] Ivance tw Asic reRSONS . Du Pont Colutatia Clup 55° : ree nce 0 basic reasons for its Gen Elec Cangol Fin bs 50 i {adoption. Gen Foods nd Asso Tel Co 3%us 70 .... | T irst. is * EASE Gen Mot Tipp aL S Barty? The first. is “to. increase the na-| Goodrich Ledieneiaieniinss indpis Saliva Co=5s 87. tional wealth and over the years Goodyeas . n 5 ater C 1 4 ba aa : Greyh Cp Kbner Packing Blan 58 5 the government's revenue form tax- ind Rayon vv WAGON WHEAT N N jad bus Pub Serv 3s ation and to deprive the federal an Hedy 7 7 ¢ ’ pro - | i hns-Mnan P {government of the power through Kennecott or {unsound and confiscatory taxation Dp oF al : Je destroy the American private PAY " {enterprise system. Martin (Glenn) Mont Ward
| Secondly, they argue, the amend- i ment ‘would “deprive the federal| Nei Boot government of the power through! x © ON ANYTHING »
Rat Distillers " Autos ® Diamonds o.. Watches
Ndi
23
Ss SA
‘4 Good and choice . 25% Commen and medium vo D.50€ LAMBS . Good and choice Medium ana good: Common
LE 7.5
. 15.754216.50 13.50@ 15.50 . nn Bal 25
Up to the close of the Chicago. marke: today, Indianapolis flour mills’ and ‘grain elevators pald $1.67 per bushel for -No red wheat tother grades, on their merits); oats, No. 2 white or No. 2 red testing 32 lbs. or better, Soe corn, No, 4 yellow shelled, old cro $1.09% per bushel, and No. 2 white shelled, old crop, §1.24%
“LOCAL PRODUCE
Leghorn hens,
Col - 55 5 U 8 Machine Lockheed Aire , :
Loew's
oi OF r having fun at. the family reunion
Baby takes his first steps toward his dad home on furlough, and the family circle beams in friendly happy reunion. And, of course, there's Coca-Cola from the fam:ly refrigerator to add its’life and sparkle. To visitors and family alike, the words Have Coke are the signal for a friendly get-together. Plan to Butter—No 1. have a supply of Coca-Cola ready ice-cold in the refrigerator. ( Coca- Cola stands
| en BUILDING SEs] for the pause | that refreibes a happy symbol of a friendly way of life; -— os
NEW YORK, Feb. 14. (U. P)~ ANY BY vied Jor snl y rt 54 oi i Construction contracts in the 37 sore. UNDER AurHomry or J, 04 Soca cons coms Y r mes, advocates of the. JN) Ya © 4 (+o t 'slstates east of the Rocky mountains, hy H propoear contend, taxes under’ the | atin ome # ras 2m. dave - vy aggregated $140940,000 in January 15 per cent cellme would produce|y § Ei" i i 2 Sas +," compared ‘with $150238,000 in the| freater revenue “than under Xn ho Bros : } corresponding 1944 period, F, Ww. Dodge reported today.
Y Cental .. taxation to destroy the American | onio oil .
system of governmnet by concen-| | Puck "re i trating all power in Washington | Penney and rendering the states subservient piel BF to it. | Proctor & G The amendment proposes that in| Bure time of war congress shall have|Repub Sti . the power to levy taxes in excels of | Sciences. nist the ceiling, but this would require | Servel Inc a three-fourth vote of each house, | South pac and the heavier taxes cowid be Std Brands .
levied for only one year, | Sid a on hl nds 4
+: ++++
Heavy breed hgns, He.
a F
Cc. : Brollers, fryers and roasters, | Ibs, white and barred rocks, 28c
Old roosters, . receipts, 3lc; grade
. Eggs—~Current A Pe, 5c, grade A medium, 33c; wade Al rade,
| small, 28¢; no 28¢c. 50c Biittertat—No. 4
under »b
SCI DE high-sign
sees ay
‘d+ +++++4+ ar ==»
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Copan im
COCA-COLA BOTTLING co. OF INDIANAPOLIS, ING.
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: Seman Ln Zenith Rad. 41% Ah 4 onl]