Indianapolis Times, Indianapolis, Marion County, 3 April 1945 — Page 8

{ASTRAL vy. Ei i RT A IRR

PAGE 8

Business

Believes Land Reforms in Europe

FRR YT

Will Reduce Agricultural Output

tor of supply for the war food administration, told senate investigators today that American and Canadian civilians will have to get along with even less to eat this year. He said Americans would get 18 per cent less meat this year than they had in 1944. Their quota for | April, May and June already

Olmstead was senate food investigation committee to explain this nation's food short-| age.

¥ Reason Simple, He Says

one of our “very

He said the basic reason is

quirements are up.”

Olmstead said ‘various shortages|

meats, but in fats and oils, dairy | products, dried eggs, sugar and rice. |

Lt. Col. Ralph W. Olmstead, direc-|

{James F. Byrnes,

MANPOWER BILL

Byrnes’ Resignation Sends It to Death.

By ALLEN DRURY United Press Staff Correspondent WASHINGTON, April 3. — The ‘| senate neared a final vote today on [the dying compromise manpower { bill. Most senate leaders agreed that all’ that remained to be done for {the controversial measure was to {declare it cfficially dead and give it a decent burial, Its “supporters | made desperate last-minute attempts | to rally votes, but had no visible | | success. Democratic Leader Alben Ww. arkley, Kentucky, .told

B

NEAR LAST VOTE

“THE INDIANAPOHIS TIMES.

Water NOT Over the Dam

ik RRS rrr

eat

reporters |

the final vote may come before the|

senate adjourns this afternoon: | Votes Are Like Chicks Barkley conceded somewhat wearily that keeping votes in line for the bil} |of chickens through a paling fence.”

“You think you have them alll

through,” he said, “and then an old hen runs back and they all follow her.” Administration pressure was

has| known to be intense on senators op- | been cut 12 per cent below last year. | Posing the bill.” High officials of the, called before the | war and navy - departments tele-| {phoned wavering members in an at-|

tempt to secure its passage. Resignation of War Mobilizer whose prestige {may have held a few votes in line, complicated the . administration's

simple — supplies are down and re- |problem. Without Byrnes, the go- Dealers, Inc., for 10 days may be |ing, already rough, became rougher.

The bill, a compromise between |

are rapidly developing” not ‘only in separate measures originally passed | cated today.

by the house and senate, would give | {the war mobilization director vir-|

“is like trying to drive a flock |

U. 8S, 1st army’s surprise capture of the huge Eder dam on the

Weser river near Kassel was one of the outstanding tactical victories |

on the Western front. So suddenly was it taken that the Germans were unable to demolish it and unleash its 336 million tons of water, which would have flooded the route to Berlin,

f was active and steady.

7875 PORKERS RECEIVED HERE

bo Top Price Remains $14. 80; U. S. Ceiling.

The Indianapolis stockyards today received 7875, the war food administration said, and the top price remained at the government ceiling of $14.80. Also received were 1925 cattle, 625 calves and 75 sheep. The market

-

GOOD TO CHOICE HOGS (6150)

120- 140 pounds 140- 160 pounds 160- 180 pounds 180-' 200 pounds 200- 220 pounds 220~ 240 pounds ....ece0s 240- 270 pounds 270- 300 pounds 300- 330 pounds 330- 360 pounds | Medium— 160- 200 pounds | Packing Sows

Good to Choice— | 4Th= 300 pounds { 300- 330 pounds .. 330- 360 pounds

| | 13.25@14:60 |

14.08

14.006214.05 [email protected]

SECURITIES GROUP SUSPENDS MEMBER

NEW YORK, April 3 (U. P.)— | Suspension of the New York stock exchange firm of Kidder, Peabody |& Co. from membership in the National Association of Securities

Firm RI

SOUTH BEND, Ind, April 3 (U. P.).~New direct fuel injection systems to help increase the range, altitude and efficiency of America’s larger bomber engines now are in production at the Bendix Aircraft Corp. here, it was disclosed today in the annual report of the company. Ernest R. Beech, president, said that the new . fuel systems were designed” for use with accurate

lappealed to the United States circuit court.of appeals, it was indi-

The firm's suspension from the

Gas Injector |

[N. A. S. D. and the suspension of

sensitive metering control to in-

360- 400 pounds | Good— | 400- 450 pounds 450- 550 pounds Medium-— 250- 500 pounds [email protected] | Slaughter Pigs [Medium to Choice— | 00- 180 pounds CATTLE (217%) Steers

. [email protected]%

Choice— 700- 900 pounds | 900-1100 pounds 1100-1300 pounds 1300-1500 pounds

, [email protected] [email protected] 16.256 17.50 . [email protected]

Bonds Total $23,739,150

SYOIANAPOLIS employees of . General Motors Corp. have . feght war bonds with a maturity value of more than $23,739,150 since 1041, the corporation announced today. : They were purchased through the G. M. war bond payroll savings plan inaugurated in the fall of 1941 and represent more than 800,77 series E bonds of various denominations.

Meetings

llluminators Samuel B. Williams, president of the Illuminating Engineering society, will speak to the Indianapolis chapter at its meeting Friday, April 6, at 6:30 p.m. in the Lincoln room of the Lincoln hotel. Mr. Williams has been editor of Electrical Rec« lord, Elec tragist, | Electrical Con = tracting, and for the last eight years Electrical World. He was gradua-

Mr, Williams

for several years has been a memsber of the industry advisory com-

Good— 700- 900 pounds 900-1106 pounds 1100-1300 pounds 1300-1500 pounds Medium—-700-1100 pounds 1100-1300 pound Common-— 700-1100 pounds

« 14.75@ 16.25 . 14.756 16.25 . 15.0041 16.25 . 15.00@ 16.25

13.506014.75 | 13.50@1% 00 |

11.50@ 13.50

Cholice— 600- 800 pounds. 300-1000 pounds Good—

15.506 16.25 [email protected]

| trical engineering school of the

university.

Industrial Training Ass'n Maj. Charles W. Zemer, | ington, D. C., chief of

ment of the army,

ted from Princeton university, and

mittee to the faculty. of the elec-

Washcivilian | White, Emma Whité, Otto Jensen, training of the ordnance depart- | " will speak on]

TUESDAY, APRIL 3, 1943

on SET

EXPORT DEBAT

Firms to Decide Proportio Between U. S., Europe.

BUENOS AIRES, April 3 (U. P —Representatives of more than Argentine industrial and exporti firms are scheduled to meet. Ap 5 to decide in what proportid Argentina's foreign trade will divided between American a European markets, it was learn today. The meeting, sponsored by Argel tina's chamber of exporters, a is expected to pass a resolution as ing the government to place tH country’s main industries on a w footing and to co-ordinate all actid for the war effort. Another subject of discussion w be the possibility of lower, and eve eliminating, customs barriers, it w said. The announcement of the mee ing was made as the governme cracked down on all firms in a way connected or affiliated with tH axis or axis-dominated nations H placing . them under total contr of the “administration council.” Transfer qf assets of compani under the council can be made 0 by public sale to Argentine citize or to companies organized in Argel tina with Argentine capital. properties covered are to be held security against possible ene damage or injury to Argentine firn or individuals.

White Beverages, Ine, Terre Haul %agent, Ernest White, 1040 6th ave. Te: Haute; 1000 shares no par value; Brn

“How to Establish and Maintain

~World production of these items is |¢,;a11y absolute control over civilian expected to be smaller than in 1944, manpower. he said. Omstead said consumption cuts would be necessary

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

{Harry C. Clifford, a partner, from 14.50@ 15.50 | membership on the New York Stock He could place labor ceilings on | Exchange for the same period were

{any industry, freeze workers and |ordered last night by the securities if minimum | reoylate hiring and “the acceptance | 8

ject a positive, equally divided charge of fuel into each engine cylinder of the bomber at once.

[email protected] | a Satisfactory Working Relationship Between the Training Depart-| | ment and the Line Organization,”

Can Your

[email protected] |

lend-ease and liberated area re-| quiremnets ire to be met.in the| {face of military needs. U..S. military requirements, he continued, are! 10 per cent above 1944. Senator Kenneth S. Wherry ®.|

Alexander Hamilton Institute. OLMSTED SAYS cod managers tates go in for Probably. these eastern European PARAGUAY, good Senor Campos is studying home home-buying practices. He ought! { Neb.) had some special questions) with armaments no longer needed government warehouses; and (3)

BREAKING UP OF BIG ESTATES in Poland, Romania and Hungary and dividing the land among the peasantry will reduce food output in that area, according to the Cultivation on small plots is not! as economical as on large estates, | ‘because modern machinery cannot | be as widely used, the organization | believes. It adds | that the smaller Jaren aren't 2 CO he lords of estates. 4 itt Moreover, small Called by Senate Committee farmers tend to . plant crops they To Explain Shortage. use themselves Bn . . ; a whereas ‘large es- WASHINGTON, April. 3 (U. P.). cash crops. So not only will agricultural production in that area decline, but so will exports. Eastern Europe has supplied food ta other parts of Europe and bought manufactured goods in exchange. nations “will try to- build up their industries to keep from being so dependent on otheg countries. And food-buying Europé “will look elsewhere, possibly to Russia, for agricultural products = neighbors in South America, is preparing for great strides in homebuilding. It has sent two. young men to this country to learn home financing methods, and one of them, Americo Gaspar Campos, is here in Indianapolis. mortgage loans at the Federal Home Loan bank of Indianapolis and after two months there will go to Railroadmeh’s to learn saving and loan association methods. When he goes back home his! ideas will revolutionize his country’s | to have an interesting career. : 2 2 =» for food officials. RAILROADS. have already | Wherry said he would try to fin worked out with the army a plan [out (1) why WFA “lost” 184,000 | to be put into effect a few hours cases of eggs a year ago this spring; | after Nazis are declared defeated, | (2) Whether it is true that “vast so Eastern ports won't be clogged quantities” of food are spoiling in| in Europe. “why we buried potatoes.” Incidentally, high military par- Willis Returns lance no longer calls it “V-E” day. | A special house committee also It’s called “Period 1.” ee: & 8 It plans to start on a fact-finding! ODDS AND ENDS: Several hemp tour about “April 16 to look for plants built by the government are; | black markets,

was

of employment by workers.” Why Freeze Workers

Senator Edwin C, Johnson (D.| | Colo.) wondered why congress should | give the war mobilizer power to freeze war workers in their jobs since the war mobilizer himself had |

|vilian life. ‘dead,” as did Republican Whip | Kenneth S. Wherry, Neb. Major argument against the bill made yesterday by Wayne L. Morse (R. Ore.), former Although he said he knew he was regarded as “a suspect Republican”

administration, Morse sailed into the bill as “going further down the |

among other things.|road to give men arbitrary and un-|

Senator |

and exchange commission on charges of manipulation of the price of bonds of the Jamestown, Frank{lin and Clearfield Railroad Co, in | September, 1942. In a statement issued by the firm | here it was stated that the question developed over a net change of half

d | quit his war job to return to ci- | a point and revolved around a highHe termed the bill | ly technical interpretation of thetand Fuel Co,

| stabilizing provisions of the securi[ties and exchange act of 1934. Admitting -a possible difference of opinion regarding such features of | the act, the firm declared it believed

{member of the war labor board. |it had acted correctly and in entire

good faith.

is investigating the food shortage. pecause of his background in the METAL PRESSING

SEEN IMPORTANT

CLEVELAND, April 3 (U. P).—|

being converted to drying wet corn.| Some of the cities tentatively on the | checked power than any other bill The metal pressing, stamping and

ing Herbert Tareyton cigarets off land, Chicago and Minneapolis. the market to have more tobacco, Senator Raymond E. Willis (R. Jor Lucky Strikes, reports Tide|Ind.), who just returned from a visit newsletter. : . The New ‘Haven!to his state. told reporters that railroad advertises in + the Paris} ‘everyone was talking about the Tribune 'taimed at G. 1.'s on leave | scarcity of food back home. from the front) talking nostalgic- | Willis said his constituents can't ally about eating lobsters, skiing | find what they want at the regular and fishing at places along ~its| markets “but a lot of them talk route, drumming up post-war busi- {about their pet bootleggers.” "ness. With the Pacific war intensifying, Southern Pacific railroad is starting ads hinting that! non-essential travelers should stay home now, adding that - “thé ter-| TIC Scenery wil AIWSYS Dé INere.

NEW CASTLE STRIKE ENDS ~NEW CASTLE, Ind. April 3 (U. P.) —A strike of 850 workers at the Firestone Industrial - Products Co.] “here nat teaay: a

. American Tobacco Co. is tak-|list are New York, Boston, Cleve-|

ever proposed by: this administra- | tion. He said the fight against the bill]! was “a fight against attempts to] | regiment, olir economy.” -. “This may ha our only chance," | he said. Chairman Elbert D. Thomas” (D. Utah) of thé senate military affairs | committee, admitted that Morse’s fears of dictatorship from the vast powers in the bill were justified. However, he said, it would not at-| tually happen, “because the Ameri- | can government doesn't work that | way.” ‘

=

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——

1

u. S. STATEMENT

WASHINGTON, April 3 (U, P.) —Govment expenses and receipts for the current fiscal year through March 31 compared with & year ago This Year $ 73.520,475,544 66,897.136,807 34,520,450,168 38,991,024 876 15.277. 407,966 14,514,485,253 235,003,835,065 20,418,685.253

Last Year % 68,968,252,136 64,246,430,618 31,865,131,002 | 37.103,108.584 16,606,418 488 15,843,616,450 186,993.316,067 21,509,752,637

| Bxpen: Se War Spend, Receipts Net Deficit Bash Bal Work. Bal Public Debt Gold Reserve

INDIANAPOLIS CLEARING Clearings | Debits

HOUSE

Nominal quotations furnished by Indi-|

3%; APW Paper + | Atchison

«iCurtiss-Wr aes 2 Douglas Airc ..

2 Goodyear

...|Johns-Man «| Kennecott

. | Loew's

+ | Nash-Kelv « {Nat . *| Nat Distillers .. 39 +|NY Central

* | Schenley

$ 7,227,000 | MeN cacereintannnnrt reins 20,466,000 |

{forming industry, because of wartime developments, should be of { “tremendous” . importance - to other {industries in meeting the . pent- up demand for avian goods. and’ can

be expected to" be “a heawy con- |

sumer of steel, the magazine Steel

said today.

PLAN AUTO RECONVERSION | WASHINGTON, April 3 (U. P). |= War Production Chairman J. A. Krug will take a group of experts |with him to Detroit later this week to lay the groundwork for the eventual xeconversion of: the: automicbile industry, it was learned to-

{day. “onli

N.Y. Stocks

Net Last Change 43% } 93

1a i» Va

32%

ha

Atl Refining . Bald Loco ct

{Beth Steel %

'2 | Borden

Borg-Warner Butler Bros Caterpillar T . Ches & Ohio . 5 Childs 7

Ya

Du Pont Gen Electric Gen Foods aon {Gen Motors ... Goodrich

»

re tae ee

62 . 41% 647, 587s . 53% 24 772

109% 38

-

a 0 8 NABSANA LGD EUAN Se

Greyhound C Pp. | Int Harvester

Kroger G&B L-O-F Glass Lockheed Airc

-

@ »

(Glenn) 5 Ward 5

Martin Mont

Biscuit

++ | Penney *|Penn RR

| Phelps Dodge .. Proctor & G .. ! Pullman Rep Stl Reyn Tob B.. D Servel Inc Socony-Vae

aa

Bo nt Bh ar

CBA RART END

| 20th Cent Fox U 8 Rubber {U 8 Steel Warner Bros.. | Westing El Zenith Rad

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| Watch Repairing

10-DAY SERVICE!

RIZAL EN) 4u MARKET ST

}

Cows (all weights)

KOKOMO MAN NAMED TO UTILITY BOARD

D. Arthur Williams, Kokomo, president of the Continental Steel

Corp., Indianapolis and Kokomo, and a director of the Union Bank] and Trust Co. and the Kokomo Gas | has been elected a new director of the Public Service Co. of Indiana, Inc. The announcement was made at the annual meeting of the stockholders of the company yesterday. Other directors re-elected were William C. Griffith, Dudley R Gallahue, L. B." Schiesz, Robert A { Gallagher of Indianapolis; Anton Hulman Jr.. Terre Haute; Hugh A {Barnhart and Pierce C. Ward, { Rochester, and William C. Freeman, Chicago

NEW FIRMS AND PARTNERSHIPS

Meridiat’ Purrtire eo nr ecomm fan st. New and used furniture. Bérnard B. Reinschreiber and Kalah Reinschrei ber 1712 N. Meridian

INCORPORATIONS

vy, Business Equipment Co., Inc., 2211 Brook- | side ave., Indianapolis; agent, Arden G.| Ober, same address: 1000 shares without | ar value: to deal in office furniture and supplies; Arden G. Ober, Emma A: Ober, Alberta B. Crail.

Good ... Medium Cutter and common Canner ..

12.50@ 14 5 11.006 132. 30 . B00@ll 6.75@ 8.00! Bulls (all weights) eef— TT Good (all weights) «| Sausage— Good Medium . Cytter and common

CALVES (700) Vealers (all weights)

Good and choice Common and NEN Cull ...... ves

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[email protected] . 10.50@11. 3 [email protected]

17.00 17.50 | 10.006 16.50 5.50% 9.50 Feeder and Stocker Cattle and Calves Steers

| | Choice— 500- 800 pounds 800-1000.pounds Good— 500- 800 pounds 800-1000 pounds Medium— 500- 1000 pounds

[email protected] svaes sesee [email protected]

«es [email protected] . [email protected]

[email protected]

5)

mmo '500- 900 pounds ; Calves teers) Good and choice— 300 pounds down { Medium— 500 pounds down Calves Good and choice— 500 pounds down . Medium, ‘500- poundg: down SHEEP AND LAMBS Ewes (shorn) Good and choice . . { Common and medium . { LAMBS { Good and choice .. 16.00@ 16.50 | { Medium and good ............ [email protected] | | Common’ rian . [email protected] |

KAUFMANN'S TO EXPAND

7.50Q@ 8.75

[email protected] [email protected]

(heifers)

~

of wan

218)

Tamed ST

7.75@ 9 00] 6.00@ 7.75

|One of Pittsburgh's leading depart-|

Corp., 11 8." Menent stores, Kdufmann's,-announced |

Specialty Equipment Tidian of Jagianapol rh et mais TYor Ae ARATERSY “SOA TL of $20 par value; dealing in merchandise, | post-Waz pans’ for two adaitionaf machinery and equipment of various buildings, connected to the main |

: . t¢, Ch : . Babkinds; Homer K. York, Charles D. ab Astore by overhead bridges.

cock, Ruth 8:.4dlomax LOCAL PRODUCE

The McParlan Hotel Operating Co., Inc, Heavy breed hens, 24c. Leghorn hena, |

Connersville; agent, Frank C. Pittman Hotel McFarlan, Connersville; 100 <hares without par value; Willlam E. Bayfield, Robert O. Bayfield, Prank C. Pittman, John W. Reichle Stewart-Wright, Inc {ment increesing capital {shares of no par value The Citizens Loan and Trust 4 Bloomington, Ind amendment chan name to The Citizens Bank and Trust {of Bloomington, Ind Snyder Construction | Chestnut st., Vincenne 2540 Grandview | shares without par 0 manu{facture and deal in brick, stone, lumber and other construction materials Austin | {M. Snyder, Margaret. M, «8nyder, Ger-| trude “M. Snyder; { | Snyder. Materials Corp, 1900 Chestnut | today, Indianapolis flour mills and grain Ist. Vinvennes; agent. Austin M. Snyder, | elevators paid $1.67 per bushel for No. 1 {2540 Grandview dr., Vincennes; 1000 shares | red wheat (other grades on their merits); no par value; to manufacture and deal in | oafs, No. 2 white or No. 3 red, testing 32 building materials; Austin M. Snyder, Mar- | lbs. or better, 6c; corn, No. 2 yellow garet M. Snyder, Gertrude M. Snyder. shelled, old crop, .$1.09% per bushel and Cram Distributing Co., Inc, 714 E. 52d No. 2 white shelled, old crop, $1.24%.

+ amend- 2lc.

to 150

Anderson stock fryers and roasters, under §

28¢.

Broilers, ibs., white and barred rocks, Old roosters, 15¢ Eggs—Current receipts, 3lc; grade A large, 34c; grade A medium and B large, | dlc; grade A small, 26¢c; under grade, 37¢c Butter—No. 1, 50c. Butterfat—No. 1, | 49¢; No. ‘2, 36¢

WAGON WHEAT

Up to the close of the Chicago market

|

RITTSBURGH, April 3 (U. P.) —|

ne fle the meeting tomorrow night of |

| the. Industrial Training association | at the Marott hotel.

|Gyro Club

| Earl B. Teckemeyer,

|

state repre-

| Public Housing on Indianapolis,” lat the luncheon meeting of the | | Gyro club at the Indianapolis Ath-

| letic club “tomorrow.

Real Estate Board

“Hitler and the Junkers”

| land businessman, when | dresses the Indianapolis Real Es-

sentative, local attorney and real-|; | tor, will speak on “The Effect of |

| will be’

| the subject of Louis J. Alber, Cleve- | he ad-

Insurance Rate | Be Lowered?

COINSURANCE often does lower rates, permits owners 10 carry MORE insurance=— sometimes at a lower total premium than pefore. Investigate the possibilities of COINSURANCE right away.

| } # bx { 3

| tate board meetnig, Thursday noon, |

| April 5, at the Washington hotel.

Property Management

{

The Property Management meet-|

GRAIN ULL

0H 1] 2 Is

| |

ing of the Real Estate board will]

| be held tomorrow

10 50a 12 B, § Columbia —L

noon at the

ET

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