Indianapolis Times, Indianapolis, Marion County, 13 June 1945 — Page 9

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NE 13, 1945

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JUNE

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5:45 'Til 630 Costello

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«Janis Carter

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———— 2442 E. Wash. MA-7038 ~George Murphy OMES THROUGH” e—Fredric March ED A WITCH"

est East Side

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3155 E. 10th « « PARK FREE

5:45 to 6-—30¢

nchot Thos. INE MITCHELL

WATERS”

Charles Arthur RUGGLES LAKE

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{Fred MacMurray

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Marjorie Reynolds

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'N 6116 It's E. Wash. Cool GTON SHOWING! n—Henry Hull

VE BURMA”

—-Ann Sheridan ID ZONE"

230 £10th Y "ASANOVA BROWN" ; ON HARVEST MOON"

E. Wash, St, at New Jersey r—Paul Henreid NSPIRATORS” own “GHOST GUNS" 733 Ruth Tery N. Noble Lulu Belle GHBOR, SING" “MY BUDDY"

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Evelyn Keyes GE AFFAIR" oll—=Noah Beery, Jr, ESTERN SKIES"

an—Ray Massey

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is~~Leon Errol 'S HER MAN"

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WEDNESDAY, 3 UNE BUSINESS—

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7 13, 1048

EILINGS ON PRICES

FAILED IN

Controls Have Always Been Unsuccessful If the Short-

ages of Goods Last Long Enough, Records Show. :.

bo By JOHN W, Scripps-Howard Staffs Writer

WASHINGTON, June

LOVE

13.—‘“Assorted vultures who

hre preying on the vitals of their country in time of common istress by selling above prices set by this price chart shall ye exposed by name to public view.” Thus read the warning appended to America’s first ceil-ng-price list, published in 1776 by the committee of suspen-

sion and observation of the ‘ontinental Congress. It yas

ent to me by a Philadelphia eader who neglected to credit its

ource. The list - contained ommodities, coffee, um, chocolate, hepper,

eight India

only West

loaf and

ump sugar and isbon and Liverhool salt, all of hem imports and 11 of them, exept the rum, juoted at prices ither higher han today's or elatively higher. This primitive method of price ontrol was, ineffective. Prices in ontinental currency rose and rose hintil the currency itself went out f use. Food was scarce in the ities because the farmers wouldn't onform to official prices or disrusted the money, usually the lat: er. Gen. Washington's troops at alley Porge lacked Jor food in a bart of the country which had blenty of food, but the army had othing but paper money to trade or it.

Mr. Love

2 u "

| Anti-Bottleneck WPB Unit Named

WASHINGTON, June 13 (U. —The war production board appointed a joint committee on| critical materials and products | which will help prevent bottlenecks in war industries, it was announce d| today. WPB Chairman J. A. Krug said | (the commiitee will consolidate | | functions now performed separately by the WPB; army and navy Roger E. Williams will represent WPB, Lt."Col. N. G. Kenny the

army air forces and Donald L. Col- |

ell the navy.

ARDS RECEIVE 8100 PORKERS

900 Cattle’ and 650 Calves Also Arrive.

No price change accompanied the run of 8100 hogs at the Indian-

1776 |

The huge task of disposing of America’s. surplus war supplies is in. the hands of Stuart Symington, St. Louis Electrical Equipment. Co. executive. He will succeed Guy M. Gillette as chairman of the surplus property board | on July 15.

VETERANS GET LOANS, 600DS

Plan Revealed to Aid Small

| Business Ventures. |

WASHINGTON, June 13 (U. P.).| —The surpius property board disclosed today that food, consumer goods and small vessels were the fastest moving things it had to sell.| | At the same time the Smaller| War Plants Corp. announced a plan to grant veterans going into business a top priority to buy up to $2500 worth of surplus property. - In its second quarierly Yepori t congress “the board sdid ’ £l¢

SARYNEN HT | CHEESE ORDER

Say ‘Holiday’ 27 Mion Less Butter and Milk.

WASHINGTON, June 13 (U. P). —War Food Administrator Marvin Jones overrode protests of WFA) dairy experts in declaring a 37-day, “cheese holiday,” it was learned to-| day. The order suspended }imitations from June 8 until July 15 on the| manufacture of all kinds of cheeses. | There had been restrictions on pro- | duction of all types except cheddar, the object being to obtain more cheddar, the basic type. The other varieties are more profitable. { Jones, in announcing the removal of quotas, said they had been imposed in order to assure a sufficient supply of cheddar cheese for the armed forces, but that this was not regarded as necessary during the current. period of heavy milk production. Milk to Decline WFA officials, opposing the action, estimated the holiday might mean the less 5f 1,000,000 pounds of butter, 2,000,000 pounds of cheddar or 8,000,000 pounds of evaporated milk. Charles W. the National

Holman, Co-operative Milk Producers’ federation, declared yes-| terday that the suspension could not be justified -as a surplus handling move because milk production

decline.

LESS STEEL USED jee

BY SHIPBUILDERS (D. “Wyo.), told reporters that such

NEW YORK, June 13 (U. P.).—| The shipbuilding industry, largest wartime steel consumer, in the first ikrter of 1945 took less than half

$265.000.000 worth of sano sur-/of the amount of steel it received in

pluses in the 10-month period fromthe corresponding 1944 period, the|the hott on industry of the concen-|aluminum

(June, 1944, to March, 1945.

figure represented about 16 per|ported today.

cent of outstanding surplus, it said.

Four-fifths of the sales as a gen‘eral rule were made. to ngn-govern-ment buyers, the board revegled. The SWPC’s plan will go into effect July 1. It is intended to speed {up the transfer of surpluses from | government stock piles to sites where veterans’ businesses will be to | located, and keep unscrupulous buyers from getting their hands on ma[terial which SWPC is earmarking (R100) {for veterans. $1400@1480| ‘Under the plan a veteran mav 1430014 80! apply for $2500 worth of surplus property for his business and at the same time apply for a loan to buy the surplus. The program is limited to a veteran’s business with. an invested 214.00] capital not exceeding $50,000. Of this "amount at least one-half must be +c ~.. | l0BNEd to a veteran. If a non-veter-@137 |. is associated with a veteran in {the business the non-veteran can16.25@17 50 | DO OWn more than one-half inter16 25@17 50 | est. .

16.25@ 117.35 16 50@17°75 |

apolis stockyards today, the war food administration said. Cattle trade was steady on ceipts of 900. Good and Choice vealers turned on steady. levels, but lower grades | dragged. Total ‘receipts amounted to 650. Sheep and lambs amounted 325, and they were unchanged.

THE HISTORY of price control s long, but these efforts all had one hing in common: They failed. Men night be hung or sentenced to the balleys, but ound some means of eluding the

ystem. The Russians went to the extent f collectivizing agriculture in or-| er to make sure the peasants alsed enough meat and other hings and delivered their surplus 0 the cities. Yet even in" Soviet Russia there is evidence in the lat-| st budget of a considerable amount pf price inflation during the late; jar, though it may have come to n end a year ago. A farmer's habit of holding out broduce in periods of rising prices intil he can either get a higher price or trade it for something he eeds is ‘as old as prices them-| elves, ‘Newspaper reporters’ stories pf trips into the country and their Hiscoveries that they could buy meat without trouble, or that nearly verybody they talked with adhitted selling poultry at higher] han ceiling prices, read like those which would have been printed in he. days of Edward IIT in Eng- | Boor 300 pounds and, after the Black Death, if| 800-1000 pounds

i ; 8 inv | Good — printing had been invented. | "600- 800 pounds

[email protected] | northbound. 2 8 = Sog-100 pounds .. [email protected]| A new southbound departure at "500- 900 pounds ; [email protected] 9:52 a. m. provides service to Louisgg ds 2 11 012.50 ville, Nashville and new through Cows (all wiighis | transportation to Birmingh am, Montgomery and Dothan. The {trip will continue to Tallahassee, Tampa and Miami. The other southbound parts at 10 p. m. for Louisville Nashville, Chattanooga, Atlanta, Macon, Jacksonville, Orlando, Vero Beach, West Palm Beach and

16.007 16 gp) MEW. 000@18 50] FEastern's former departures from

re-

the survivors always

| | GOOD TO CHOICE HOGS { 120 140 pounds 140- 160 pounds 160-pounds up Medinme—160- 22¢ pounds Packing Sows Gond ta Choice— 270- 400 pounds Good— - 550 pounds Medium~— | 250- 350 pounds ‘. " Slaughter Pigs Medium to Good— 90- 120 pounds ... . 11

CATTLE (900) Steers

[email protected]

. 14.08

12.75

Choice 700- 900 pounds 900-1100 pounds 1100-1300 pounds ..... “asian 1300-1500 pounds Good - 700- 900 pounds 900-1100 pounds 1100-1300 pounds 1300-1500 pounds Medium-— 700-1100 pounds 1100-1300 pounds Common-—-— 700-1100 pounds Cholce—

EASTERN TERN AIR LINES ADDS 3 DAILY TRIPS

Basternn Air Lines today announced that on June 15 it will add I-two daily southbound trips and one

1500716 25 | 15.25@ 16.25 156.254716.25 156 25@16 50

[email protected] 1375@ 15.35

<11.75@13 |

15.25@16 75 [email protected]

MODERN systems of price con-| rol in wartime are far more elaborate. than those of other days, but hey are bound to fail if the war is The only save them is for

13.00@14 75 11.00213.00 itte 825@11 00 thing Cd 700@ 8.25 ¢ Hs (4 ) gOV- Bul) all weights

and ©

asts long enough hat can ronment

trip de-

! he 00 14.25

to keep putting more 3nod 12 004 12.75 N 1 Ss 107 5@12, 00 Int the enforcement Cutter and common 8 [email protected] hind hope the war will end before

CALVES he effort bcomes too great.

| Vealers (all Good and choice The black market in meat, toether with markets in all shades 5.00@ 9.00 Weir Cook municipal airport rePets and Stocker Cattle and Calves |main at 11:20 a. m. 1:45 p. m,

Common and medium Cull f gray, appears to have grown in Cho Steere his part of the country to the point | 500- 800 pounds ... [email protected]{8 P. m. and 11:45 p. m. where the office of ‘price--adminis- | 300:1080 pounds . [email protected]{ The Evansville stop no .longer ration can’t do a great.deal about | 500- 800 pounds . [email protected] Will be included in the 8 p. m. det. It could probably‘ police the | uy joo.1050 pounds + 1150@1300, parture nor will the two flights sholesale and retail end of the “so. 1000 pounds 10.00011.50 | from the south stop at Evansville. distribution” more effectively if it] The other new trip serves Chiut thousand S | cago, leaving here at 4:10 a. m ands of new inspectors to| CALVES (Steers) 2 g ork, but there is no disposition in} Good ond shot |G an choice ongress to provide it with the| 500 pounds down LOCAL ISSUES unds it would need this late in| Medium— he g; 500 pounds down e game. quotations furnished by securities dealers: STOCKS Agents Fin Corp com

TATE CROPS NEED Gio i 3 SUN AND WARMTH ccc

nds an Ayr Airy Col com State farmers made good progress| C

10re energy

(850) weights)

Cnn 900 pounds 850@10 00!

| [email protected] |

1.75@ 14,00 Nominal anapolis

(Heifers) Indi-

[email protected] Bid Asked

[email protected] Ewes (Shorn) pid

oti. cass BS

LAMBS (Spring)

me dium | Bobbs-Merrill 427% yood and pathy 1Shom) y mE *Central Soya com Rn RIo1ce 13.75614.25 | vl o1e” Theater com weather bureau crop report said to- Good and choice . 15.007 16.00 | Hook Drug Co com a Medium and good ‘ 13 ais 75 Home T&T Ft Wayne 1% day. Common 11.5070 13.28 | *Ind.-Assb Tel 6% ptd Although much corn is coming up Indpls Railways “Indpls Water pfd Jidpis Water Class A com Nat Life com ; Pid an &. Co pid ........... Wheat is heading at the Michigan | Kingan & Dh border and its condition is good, Canadian dollar is slated for re- "Lincoln Loan ge 5% % pid. i Lincoln a ife com. ....... according to the report. Mint, hay,| valuation for the purposes of for-|p'r Mallor¥ pd Pub Serv of Ind com . conditions unfavorable for .curing minion unit at present is “grossly «progress Laundry com... and saving. | undervalued.” | Ross Gear & Tool com...

COLD, WET WEATHER TO CUT HONEY CROP

Chief Bee Starkey of the Indiana department | of conservation warned beekeepers today that cold, rainy weather would reduce honey production. He said an epidemic of swarming would occur in late June or early July,

Sou 500 pounds down . 11 Belt R Stk Yds com th 00a 7.00 Belt R Stk Yds pid in: planting and cultivating the!Mediim and good 12.004 EA : 'o Comwlith Loan 5% arly part of the week before heavy ©°"mon [email protected]| po) Elec com | | Electr nic Lab com P ' rrmer——— *Ind & Mich E 4%% Prd. ve 1 L.pfd .. : and tomatoes and other plants made SEES REVALUATION Tdpis P& Lon. progress, garden truck and melovs need sunshine and warm weather OF CANADIAN MONEY pastures and clovers are in good | |eign exchange, the monetary. expert PR Majlery fom ors condition. of the Financial News said today|y ee Pon Sarr Bo |*S0 Ind G&E 4.8% | Stokely-van Camp pr pf U S STATEMENT | Terre Haute Malleable : United Tel Co 5%........... WASHINGTON, June 13 (U. P.).—Gov-| Union Title com ernment expenses and receipts for he

SHEEP (325) 50% 6.00! Bobbs-Merrill com halns slowed work, the Indianapolis Ft Wayne & Jackson RR pf com to hasten growth, the report stated. | LONDON, June 13 (U. P.).—The! Some cut alfalfa was damaged by | With the observation that the do-|Pub Serv Ind 5 | U 8 Machine com Inspector James E. current fiscal year through June 11 com-

American Loan 4'2s 55 pared with a year ago: American Loaf 4%s 60. This Year Last Year | Buhner Fertilizer 5s 54..... Expenses $93,571,869,802 $87,685,016,521 [Ch of Com Bldg 4's 61, War Spending 84,717,128,107 81,809,479,127 | Citizens Ind Tel 4)is 61., Receipts 41,146,005,288 38,625.587,460 Columbia Club a3 58 Net - Deficit . 53,225,864.104 49,050,391,411 | Consol Fin bs Cash Balance 9,012,617,193 17,359,310,400| Ind Asso Tel oe 34s ry Work, Bal... 9,140,665467 5,5606,485,073 | Indpls P 1 34s 70 Public Debt 242,349.949,568 188,784.052,100 Ifidpls Railways Co 5s 57 Gold Reserve 20,267,750,408 21,211,682,817| Indpls Water Co 3's 68 Bal ———— & Kuhner Packing Co 4s 54...... INDIANAPOLIS CLEARING HOUSE |N Ind Pub Serv 3'as 13 crneeid Clearings $ 5.513.000! N Ind Tel 44s 55 | Debits

Your dollars are needed 16.922 nog | Pub Serv of Ind 3%s 73 10.9%, 000 pub Tel 4'as 55 ; MORE THAN EVER! - | Trac’ Term Corp 5s 67

LOCAL PRODUCE H J Willlamson Inc bs 58 ui Ae

“Ex-dividend. "All breed hens, 27c

fryers and WAGON WHEAT

All No. 2 stock, 26'zc. indianapolis flour mills and: grain eleOld roosters, 20%zc. |¥ators are paying $1.70 per bushel for No.

Jurrent recaps _tice ge All red wh heat” (other grades on thelr merits); grade A medium, No oats. N No. ite of a3 red. tein 3

Te UInEh WAR BONDS

AMERICAN

roosters

under § white and barred rocks,

30'ac.

AT INDIANAPOLIS.

THE DUAN AOL TOES |

| of butter, 300 rubles.

Moscow Stores

Reduce Prices |

P > zr MOSCOW, June 13 (U, P.).—All prices were reduced ‘25 per cent today in “commercial” shops, state-operated stores which sell a wide variety of consumers goods. outside of the rationing system with high mark-ups. Typical prices at the commer= cial stores are: One pound of sugar, 225 rubles (about $54); pound of meat, 150 rubles; pound

The same commodities distributed under the ration system cost: Sugar, 1.42 rubles; meat, .44, and butter, 12.5. The commercial shops were opened about a year ago with the object of controlling inflation by collecting liquid currency in the hands of the. population.

SENATE CHECKS - SURPLUS LUS BOARD:

Grads to Review Plans and Policies Tomorrow.

WASHINGTON, June: 13 (U. P) —The senate military affairs com-

secretaly of | nittee voted unanimously today to

hold a “full-dress review” on Thurs- | day of the plans and policies of the| surplus board.

{ Members and administration offi-| soon would begin its seasonal de- cials of the board will be questionad |about | “concentrated groups”

“rumors and reports” that gain control of surplus plants.

Senator Joseph C. O'Mahoney,

| FSports are coming to congress “of | desire on the part-of many. people to prevent the objectives of the sur-| plus property act and to bring about the absorption of surplus plants, not for the purpose of encouraging a free economy, but to strengthen

This American Iron & Steel institute re-|trated groups which have played civilian production

{such a huge part in war r production.”

NATIONAL BANK |

Pd ied 4 66c; ve. a 80s. BUSI Ab.NG, 1 J old ofop 81 10 per s No. 3, 36c. te, shelled Sora. a jatop, nn. 3

Hard enough, the problem of trying to accommodate more than three times as many hungry passengers in about the same number of dining cars as we had in 1939.

But here's a harder one—what to serve!

Travelers’ tastes have always run to steaks, chops, ham, chicken—conservative staples—things we now. find as difficult to get as the housewife does. For dining cars are regarded no differently from home or restaurant— we must operate on a rationed basis, too.

So test kitchens of the Pennsylvania Railroad dining

car department are busy experimenting with new food combinations, seeking appetizing “alternates.”

“Favors Budget get Control of is

are seeking to]

SEEK TO SNE. FARM SUBSIDY

| Democrats Rap amendment Affixed by Senate.

Ww ASHINGTON, June 13 (U.P) — House Democrats’ sought today to try to strike a senate-affixed farm profits amendment from the. price control extension act. | Three of the nation's biggest farm

TRUMAN ASKS Walker, Named AGENCY RULE Bank Director

gress, is also a direc-

Mr. Walker

the Children’s

th tne

ALUMINUM RELEASED m—— i WASHINGTON, June 13 WU. P.). LESS PULPWOOD DUE

{a letter from Mr. Truman, who sald| ciation and of have called the amendment “silly” would impose such controls. Snyder, William Storen and Hugh { Price administrator Chester sound doctrine of an executive o agricultural commodity ceilings, porations which have since come) WARD IS OPPOSED = eoritrol extension bill, criticized the bill. It later developed that he mis-|of appeals to deny a Montgomery | Call It Departure ing the United Retail, Wholesale “This amendment overnight would (00L WEATHER AIDS peals court for a mandate to stay Out that the subsidy program has ries today. army to seize .14 Ward properties, horses in the middie of the stream.” Indiana berry shipping season into the mandate while it prepared an Co-operative Milk Producers Feds {expected to be sent from the Bor rd- | | decision did not involve the legality | {world war L —More than 100,000,000 pounds of] WASHINGTON, June 13 (U. P).| will be released for | —Pulpwood production this year |federally inspected meat production

Chairman Carter Manasco (D.| tor of 'the {organizations—the Farm = Bureau |Ala), of the house committee .on| Young Men's { Federation, ' the National Farmers {executive expenditures made public | Christian Asso- . {Union and, the National Grange {he wanted “to eliminate any mis-| museum, and “unworkable.” They. said it {understanding as to my attitude Other officers are Irving Ww. |Would result in higher prices and on the Byrd-Butler bill,” which! [emaux, president; George W. inequities among farmers. | “I heartily favor this proposal,”’| v. Brady, vice presidents. (Bowles sald they summed up his |the President said. “It is a long-de- | erie ete {opinion of the rider which would layed forward step applying the apply a cost-plus pricing formula budget, as enacted in the budget RESPITE ASKED BY | Two Democratic members of the |and accounting act of 1821, to od house banking and currency com. many important goverhment cor- mittee, now considering the price Mr. Truman “told a press confers; District Attorney J. Albert Woll. | sid C FORTATR ‘ence last week- that he opposed the! today asked the federal circuit court | ¥ program. | understood the reporter's question|Ward & Co. request seeking to pre- Rep. A. 8. Mike Monrosidy (D, |and thought it had referred to an-!vent the army from carrying out Okla.) said, “it would nullify the {other bill. |war labor board directives benefit-|Whole subsidy program. and Department Store -Employees remove farm subsidies,” Monroney C. 1. 0.) union aid. Moritgomery Ward asked the ap- Rep. Paul Brown (D. Ga.) pointed STRAWBERRY CROP action for 30 days onthe court's been followed for several years to LAFAYETTE. Ind. June 13 (U, !decision that the late President encourage wartime farm production —Indiana still harvested strawber- Roosevelt had authority to order the and added that “we can't change | The Purdue university market|' The company had said it was im-| They voiced their criticism dure news service reported that cool bortant for the stiuation to remain ing testimony of Charles W. Hol { weather had extended the southern in “status quo.” The company sought man, secretary of the National this week. {appeal of circuit court's de- eration. He said the amendment But only 800 to 1000 crates were | cision to the supreme court, Was in line with a principle in op= Woll said that the circuit court's eration in the milk industry during |en-Pekin and Floyd Knobs areas. | Vv SE —.—. {of the WLB’s directives. MEAT INSPECTION UP CHICAGO, June 13 (U. P.).—The war meat board reported today thas starting this | will be lower than in 1944, the war|in the U. S. increased by -44,000,000 week, WPB rev vealed today. iproduction board has announced. |pounds last week,

so often they come up with a “find” =and it quickly makes its way to the dining car.

However, if you look on the menu for an old favorite ° r >... and do not find it, we are genuinely sorry. Wholesome food there is—btit the choice isn't as varied as it once was—and will be again! :

PENNSYLVANIA Raikou

* 53,001 rotered the Armed Forces 01 howe tron thayrirmes for 1 vow Conary

Every Buy Extra Bonds during The Mighty 7th War Loss *