Indianapolis Times, Indianapolis, Marion County, 27 November 1945 — Page 10

(ON LEND-LEASE|

~ Six Nations Agree to Buy) Materials. :

By MARSHALL McNEIL Seripps-Howard Staff Writer WASHINGTON, Nov. 27.—We're about to make a little money out of| M. W. Mays

the liquidation of lend-lease. Problems ahead Over the next 30 years, six na-|of the insurance tions will pay us about $1% billion |fleld will be dis-

cussed at the anfor lend-lease stuff they've agreed nual meeting of

to buy, and they will also pay US'y,, rngiana Asso2% per cent interest. ciation of InsurBuy Battleships ance Agents This interest will amount, roughly,( Thursday and to $750 million. It's chicken feed|Friday im the compared with the $45 billion lend- Claypool hotel. lease cost us. But it would pay for| More than 1000 the battleship Missouri and six agents are exmore like her. [pected to hear

ous sorts, mostly food. That was| public relations. stuff we had ordered and which

i ive it to land, O,, them 50 Mg ing tional Association Belgium has agreed to buy $40 Asents. million worth; China, $64 million worth; France, $220 million; the Netherlands, $80 million; Russia and Great Britain $400 million each.

The government has agreed to sell on 30-year credit terms at 2%

pare asareririmet rt ——————..., Toy . }

get about $65 million. C. Stone.

pay the is shipped in U., 8. bottoms. national director.

il:

4

ge: 1

: i ey 3 0 1

Constructors, I DRUM SETS A

Professional Pearl Finishes J Large Tom Toms

INDIANA A MUSIC C0. . Ohlo 5t._FR-1184

LTT

ABDOMINAL * LAE AA gl g

oS TRUSS Co.

, MASS AVE [ANCERF

seni IA iiabissran Bn = “15, . os Bh A cme Bg

today.

nings reported.

The CHICAGO Store

OUT-OF-PAWN

be told from new.

Others to $1,000.00

$29.75 * $300

WATCHES

and work like new.

ire GRUEN * BENRUS, ete.

Insurance Agents

p 1 tT COLLECTS | Sef Meeting F Here

When lend-lease ended, we had in | discussions on federal insurance the so-called pipeline about $1,400,- !legislation, service standards, un000,000 worth of materials of vari-|derwriting, sales promotion and

“The Three Bogeymen" will be

tended lies. The the subject of C. T. Burg, Clevewa i for our allies vice president of the NaInsurance

Milton W. Mays, New York, business development director of the National Association of Insurance Agents, will have as his topic, “

ter Business.” That totals. $1,204,000,000. Advertising and its value to the . 30-Year Credit insurance ‘business will be the sub-

jéct of Hays MacFarland, Chicago, president of the MacFarland, Aveyard Advertising Co. per cent interest. The interest Will| (ther speakers will be Guy Warapply on the unpaid part of the (field, Baltimore, Md.; principal. The buyers agree to make (Sullivan, state of Washington; Verequal annual payments. non Scott, Chicago; So, each year, the treasury will Fisher, Rhode Island, and Edward

About $700 million of the $1,204,-| Officers of the organization are 000,000 in fod. The remainder, val-|Herman C. Wolff, Indianapolis, ued at about $500 million, is com- president; Howard J. Gescheidler, posed of raw materials such as| Hammond, first vice president; Harsteel, copper and aluminum, cotton old C. Phend, Monticello, second textiles, some railroad and refining |vice president; George W. Mahoequipment and trucks. ney, Indianapolis, treasurer; ‘Harry Incidentally, the buying countries | E. McClain, Shelbyville, secretary, freight if this material [and Fred C, Richardt, Evansville,

. lies in ERT INDIANA ENGINEERS

“rio wntews | T0 CONVENE HERE

But . pile of lend-| yii0ne engineers will meet at a lease supplies overseas, stuff we, ... conference ifi the Claypool shipped Great Britain, Chifa, Rus- hotel Friday and Saturday. sia and the rest of our allies be-| The misting. whith 8 open to to i . [all engineers and technical men, is Re Wor Cquled It Is ving a sponsored by the Indiana Engineera about $3 billion, ing council and the Indiana Society able to sell this to the Of Professional Engineers. Ee it is now stored, Speakers will include Gov. Gates; ook to get 50 cents on|Mayor Tyndall; Chester C. Oberly, be another $1% Ft. Wayne; Ferdinand Jehle, Cenget back from tral Indiana Section American Society of Mechanical Engineers; probably can arrange for sale of) Prof. Carl Wischmeyer, Rito Pull the same terms of -30 years technic institute; Dr. George A. and 2% per cent interest. Hawkins, Purdue university; : liam M. Holland, Indiana Highway

Indiana Section American Society of Civil Engineers; S. C. Leibing, Central Indiana Section American Institute of Electrical Engineers; Dr. E. P. Miller, Harper J. Ransburg Co., Indianapolis; Foster L. Stanley, Indiana Bell Telephone Co.;. Dr. M. W. Cameron, Indiana Society of Professional Engineers; Dr. D. B. Prentice, Rose Polytechnic institute; Prof. Ralph B. Wiley, Purdue university; Russell B. Moore, Russell B. Moore Co., consulting engineers, .

721 IN Ot

“October job placements by the U. 8, employment service totaled [ 15,721, the local office reported

This figure represents a 10 per

cent gain over September and a 47 per cent decrease from a year

146 E. Wash. St ~Established Over 50 Y ears

DIAMONDS and JEWELRY

Diamonds are remounted into new rings, in yellow gold or platinum, Many with side diamondstand can't

About 1 of Regular Prices!

| GROUP ____$6.95 | GROUP __ $37.50 | GROUP ___$14.95 | GROUP ___$47.50

SPECIAL DIAMOND DIAMOND SCOTTISH & MASONIC RINGS “RITE LAPEL PINS

$10 24 w

Basil. L.Mutual Mig. mii pt $3

All watches are rebuilt<some with original cases—others with new cases and dials. Sook

‘®ELGIN * HAMILTON CS WALTHAM * BULOVA $ | > 50

146 E. Waa. 5.

oA P JA &

For Competition.

petitive fuels.

Study Safety

of mines, was invited to attend.

safety.

cite mine workers, Say Production Up

T. Kershetsky

and condition standards.”

Kokomo Executive Joins Maytag Co.

Times Special KOKOMO, Ind., Nov. 27.—B. B. Turner, Globe American Corp.

joined the Maytag Co.

who has established headquarters at the Maytag home office in Newton, Ia, was appointed sales manager of the

of the firm. Mr. Turner

, attended the B- B. Turner . University of

Colorado, and was connected with the White Tar Co., New Jersey,

Co.,, New Albany, N. Y. before | joining" Globe American.

IDLEWILD TO USE

two walls of light flanking the runnounced here today. Developed in conjunction with

ing engineers, the new landing

of controlled light, in sharp contrast to usual runway market lights which resemble Myminated dots _on

ment and other war-developed blind

flying aids, will make Idlewild an :

“all weather” airport.

INCORPORATIONS

Circle Securities, Inc, a... Lemers bldg,

Indianapolis; li agent, Low 8. Love, same address; ares without r value;

Ago. METAL MOULDINGS || Dune the war. USES concen. Lapis Sng rs a Workin "il gone Sink Rime trated on servicing war plants or hon Parm Dairy, Ine. “w 3 Re Cabs on n gr Fg Pri, DELIVERY! war supporting firms. Now, Yoder. same pr shares without

: ever, the agency is re-establishing (par Salus; Santora A Yoder, Shirley B. * Jordan Linoleum Co. service to all industries and serv-|yoqer: e® NOW at 8 N. DELAWARE S8T. |/ices, State Director John K. Jen-

ter W. Yoder, Mildred B Rogers Jewelers, Inc, 202 & Walnut st.

Muncie; agent, Morton OG. Standt, 119 E Jackson st. Muncie; 1000 shares of $35

r value; Morton G. Standt, Tillie M. Iph E. Rector. . e Portrait Studios, Inc., 4913 Indi.

Vogu anapolis bivd., East Chicago; agent, David Buchstaber, address; 200 shares. of $10 ter J. Summers,

value; Lee Coner, Walter vid Buchstaber, Dresser Realty Oo, Terré ‘Haute; pre-

liminary dissolution.

Schwarz Paper Co, Illinois corporation; admitted to Indiana To deal in paper,

atdboand and kindred articles.

e Ben Largent Coal Co., Muncis; amendment decreasing capital stock A 50 shares of $100 par value. Beautibob, Inc, Indianspolis; dissolu-

tion Construction Excavating 1508 8. |

ison st Munes: agent, Maurice E , same address;

disap; Jon reamery Co., Ine, Paoli; dis-

Thirteen Hundred Broadway Buliding " 1200 Broadway, 2 agent,

8. Dailey, » Oaroline 8, Talley, tes, ane Sot 8 3

BE. Main, Port Nagn Jr., par value Rares without rt H. IPalrchiid, Ralph P.

, Walter r Central uve,

. ¢ i eT ———..

_ THE INDIANAPOLIS TIMES _ This Is Fighting Twin Mustang

PLAN T0 HOLD COAL MARKETS {Protucers, Miners Prepare

. WASHINGTON, Nov. 27 (U, P). —Anthracite producers and the United Mine Workers are preparing a program for increased hard coal production to hold industry's new wartime markets against the growing challenge of oil and other com-

A committee of 12, composed of six operators and six U. M. W. representatives, meets today at U. M. W. headquarters. to consider methods of increasing” output per man per day in the anthracite industry.

At the same e, representatives of the U. M. W. and operators arranged to confer with the federal bureau of mines on flood control and mechanization with emphasis on greater production. Richard Maize, Pennsylvania state secretary

NEW TARIFFS CUT COSTS OF PAN AM vieneser

NEW YORK, Nov. 27 (U. P.).— Pan American World Airways will cut its Latin American air travel costs $1,000,000 through new tariffs effective Jan. 1, representing a 60 per cent reduction in travel costs, it was announced today. At the same time Pan American- | Underwriters Grace (Panagra), affiliate company, announced similar reductions over its entire: West coast system.

The meeting also was expected to study improved methods for greater

Thomas Kenney, U. M. W. secretary- -treasurer, said that the unionoperator “conference would probably consider methods to back up the letter sent Sept. 14 to anthra-

‘He said that production had in- costs, filed with the civil aeronautics board, reflect increased utilizaover the signatures of .U. M. W.[tlon of existing aircraft and ine President John L. Lewis, Kennedy, |creased frequencies allowable by the Vice President John O'Leary and use of the additional equipment District Presidents Michael J.|now being made available by the Thursday in the Lincoln hotel. Kosik, Mart P. Brennan and Joseph |armed forces, the company said. . It is expected that further beneIn that letter the U. M. W. rep- | fits will be passed on to the travel- AR TOUR MEMBERS resentatives said increased produc-|ing public, in the form of lower tion per day is ‘the answer to the fares, problem of continuity of employ- equipment are made available to ment and the maintenance of wage| Pan American by manufacturers upon release by the army and navy.

DIVIDEND * DECLARED BY PERFECT CIRCLE

The regular quarterly dividend of 50 cents per share on the 162,500 shares of outstanding capital stock of the Perfect Circle Co., will be payable Dec. 31, to stockholders of sales manager for 12 yeays, has record Dec. 7, the firm said today.

R, FREYTAG LEAVES GOAL TRADE GROUP

The resignatioy of R. C. Freytag, assistant managing director of the Coal Trade association of ‘tange division |Indiana, will become effective Jan. 1

creased since the letter was sent

when advanced types of

Mr. Turner, 1

He will become assistant general manager of the John Meck Industries, Plymouth, Ind., manufacturers of radio, television, interoffice communication, recording and and the Anchor Stove & Range [Public address systems. Mr. Freytag, who has been located at Terre Haute, has been with the association since 1937.

BOOKS

The Business branch of the Inways will be adopted By the Idle-|dianapolis Public library announces wild niunicipal airport, it was an- ihe following new books of interest

‘WALLS OF LIGHT

J. T. Hallet,;] NEW YORK, Nov. 27 (U. P.).— A new lighting technique involving

SIXTY MILLION JOBS, by Henry Westinghouse Electric Corp. light-|J. Wallace. TOMORROW'S HOUSE: guide is so planned that the ap-|TQ * PLAN YOUR POST-WAR proaching pilot sees the runway as| HOME NOW, by George Nelson and a dark area between twin “sheets” | Henry Wright,

SHORT HISTORY OF LABOR

ie ml sid Sn RIAL CATAL Seni

“Ile” technique combined with ra-| 1 1 dar-radio instrument landing eguip=4. LAND

MECHANICAL ‘AMUSEMENT DEVICES, by C. 8. Rhyne.

LOCAL ISSUES

Nominal sedurities denier furnished by Indi

u . 1 Mich Blec 4%% pid. dos

&

tehell. eg A ay Culture, | Mastic

Meetings

TUESDAY, NOV. 27, 196 ‘Rubber May Coot Fast Planes:

WASHINGTON, Nor. 37 Rumoes ay be teed sou or most coatings on super high speed planes. Smoother surfaces for the fast planes are becoming necessary Swe the Fel MMs 974 ther WAY PORCS ate. roonguited 4

110,100 PORKERS| RECEIVED HERE

Local Yards Get 2650 Cattle

To overcome this, Earle C. Pit- = man, Red Bank -N. J, has in- | vented a method to coat aircraft ‘surfaces with rubber having a very smooth outer surface. The process includes applying layers of cement, cement and a top of dense smooth

The 10,00 hogs received today

In purchasing or selling securities, we like to feel that our . customers are acting on adequate factual information. Such information is constantly available through our Weekly Stock Survey, Bond tins on special subjects. We'll be glad to send you

The patent has been assigned to E. I. du Pont de Nemours & Co.

MEETING WILL HEAR SENATOR BREWSTER

Senator Ralph Owen Brewster of

change. The 525 calves and 1200 sheep and lambs also sold actively at steady

GOOD TO CHOICE HOGS (10,100)

Fran Overstreet, Remington-Rand, Inc, will discuss “Preservation and Disposal of Office Records™ at the winner meeting of the Indianapolis chapter of the National Office Management association tomorrow in the Riley hotel.

and field training program in life insurance underwriting pioneered by Purdue university at the luncheon meeting of the Indianapolis Association of Life Underwriters

TO MEET THURSDAY

apolis Chamber of Commerce will meet at dinner Thursday in the Severin hotel. The Indianapolis business men snd women, who will leave here

passports, visas and hotel reservations. ~ Reports will be presented by Elmer R. Krueger, chairman of the

Kreps, secretary of the Chamber's foreign trade .department. A sound color film, “Wings Over Latin America,” will also be shown. The tour, to be made by PanAmerican Airways plane, will take 41 days and will visit 11 Central and South American nations. ' Planned by the Chamber's foreign trade department to stimulate export business from local firms to

was scheduled to start in October. However, local reconversion problems and trade regulation revisions resulted in the postponement. Pan-American reports that space is available for a few more passengers, Details may be obtained from

ARCHITECTS MEET |. AT SPRING MILL INN

The Indiana ‘Society of Asehitects will hold its annual meéting Friday and Saturday at Spring Mill Inn, Siring Mill state park, Mitch-

be

ner, Frank N. Wallace, state ento-

merly, président; Donald E. Compton, first vice president; Theodore L. Steele, second vice president; M. E. Thornton, secretary and ‘O.) E. Williamson, treasurer.

AVERAGE EARNINGS

WASHINGTON, Nov. 27 (U. P.).

..|=The bureau of labor statistics re-

Maine will be the principal speaker at tHe state convention of Small Loan companies to. be held here

copies on request.

Write for a copy of owe lates . Weekly Stock Survey

THOMSON & MSKINNON

SECURITIES » COMMODITIES Phone: MArkee 3501 11 Wall Se. New York Branches in 35 Citlep Members New York Stock Exchange ond othett ’

CRaimi—

The group's 30th anual meeting is scheduled for Dec. 11 and 12 in the

Senator Brewster, former governor of Maine, will speak at the annual banquet on Wednesday, Dec. 12, and will be introduced by Governor Gates. Other speakers will be Dr. A. Ray Olphin, Ohio State university; the 7.23 | Rev. Bernard Dempsey 8. J. St. Louis university; Laird, Connecticut; and Dr. Arthur M. Weimer, Indiana university, Also on the program are Leon J. Ingrim, Columbus, O. president ” of the American Association of Small Loan Companies; Thomas D. n» Griffin, past president of the association and also a director; Victor C. Walmer, Indiana department of financial institutions; H. G. McComb, state department of public 50 | instruction; and Emmett C. Belzer, 13 Indiana Bell Telephone Co. 1

AIRLINE BEGINS ON EXPANSION PLANS

LOS ANGELES, Nov. 27 (U. P.).— Western Airlines has embarked on |? a $15,000,000 expansion program]: with some $7,000,000 earmarked for additional ships, A announced to- |:

“Indiana Leads the Way” will be 300 the titlé of the talk by Prof. Albert |Good— R. Jaqua, Purdue university, when| ggo1; The new reductions in travelihe outlines. the adult educational

Dr. Donald A.

UM 500+ 900 Pounds ..seceececces 12.50918.25

terest are atm ares aaatnian

Good Members of the South American |™ air tour arranged by the Indian-|Canner

Ser esViet sista tenanea

@tetiesear tensa inna,

and Jewelry Best of All! That's wry wise owners INSURE their valuables

with Grain Dealers. Costs so little—gives

Beef ie (all oughta wssssseses [email protected]

The company is ordering 28 fourmotored airplanes from the Douglas Aircraft Co., and from the army, with individual seating capacity of 46 to 56 passengers and equipped |§ for sub-stratosphere operations.

tour committee, and Mrs. Lillian |

pounds sssnssssssess 13. oes: 80

“eee 80st ee oamoiae

424 State Life Bldg. [email protected] pra ERMAN L. WILD

« Good and choice ............. Common ahd medium .......

Es Eat BT

South American nations, the tour|gGood

NEW FIRMS AND ues

Protective Burtay, v. 10th st. Credit protection. | LR 5300 W. 16th.

Bonds of the United States Government, ts Territories and Insular Possessions

‘Municipal and Corporate Securities Real Estate Bonds and Preferred Stocks

Indianapolis Bond and Share Corp. "Buy U. 8. War Bonds and Stamps

ngle . *Ta club, ha i

Dee Wash, 2100 Masssdey service. Lowell W. e Pkwy., North dr.

v S. STATEMENT

"plowing the Priday night din- em ron.

We Will Buy and Sell

Apc States Insurance Co, Preferred Stock

Market: Bid 23%,

Offered at 25

Cry Securirs Coronation

412 CIRCLE TOWER

SrNEAT Rta RE Tatas

sespvrrresrvrersvs ss My TTT000 TRUCK WHEAT

Indianapolis flour mills and Iniots aie paying $1.70 per

NOW 99C AN HOUR:

Liwcos $838

great whisky. Delcae in body,” sich in flavor. We are calling on

——