Indianapolis Times, Indianapolis, Marion County, 2 January 1946 — Page 8

group, explained Hat pany's 11,000-ton eight-story of- 700-1100 pounds ear [email protected] > rah caliber LOCAL ISSUES fice bullding here was moved to |choice— aviaa} the : *an adjoining site and the present | 300-500 Pounds o-oo er Hg buil 3 14 : : ¥ % Nominal quotations furnished by Indi- VICI erseled. THIS ensinessin Coo 800 pounds 14.75@ 16.00 be selected by the |2napolis securities dealers: world wide attention » 250.1000 POMDAE uirasesiney 15.00@ 16.25 TOC - . Me board poi / mg Yared Seg ee 00-00 POUNAE wevverrreins 12.006 15.00 » THAW THREATENS 300- 900 pounds ............ [email protected]

oc] [OT INSURANCE IAT $156 BILLION

, {Indiana were cited by Mr. Krueger.

{tered life underwriter or the char-

1946 model even if you are ‘it can be proved by simple

Owned by 71 Million Policy Holders in U. S.

Approximately 71,000,000 holders of life insurance in the U. 8. owned a total of $156 billion in policies at the end of 1945. These figures were released today by Edward A. Krueger, national treasurer of the American

Society of Chartered Life erwriters, and manager pf:thé field service division of the Statg Life

Insurance Co. of Indianapolis. The figures do not include 'Na~ tional Service life Insurance, Mr.

2 (U Nit Handful of new autos are]. hation's streets, but if you are the ren't driving one. - -° ;

Streamlining and full vision are brought out in the cars pictured here, but it's very probable you won't see them on the road in the very near future. It is possible, however, that you may see them sometime for Ward’s Automotive Year Book lists them id the form of a forecast. Editors of the publica tion asked leading car designers to sketch What they believed to be the trend in auto styling and ‘these were the result,

i a Er

Krueger pointed out, New business increased about five per cent and totaled about $16. billion he said. War Bond Work

The outstanding work of Indians insurance men as volunteer workers in payroll savings units was_recognized by the appointment of Eber M. Spence as national chairman of the war bond payroll savings organization of the National Association of Life Underwriters, Mr. Krueger stated.Mr. Spence served as payroll savings chairman for Indiana in the state war bond organization of the treasury department, Other facts and figures marking the development of insurance in

Indiana paliby-owners and beneficiaries received about $60 million in payments during 1945. Extension Courses Purdue university established adult extension courses in life 'insurance marketing combining aca demic study and field work. The istudents are all sponsored by life]; insurance firms and agencies. .. Butler university established a department of insurance offering {instruction in life insurance and in" general insurance lines. Both courses qualify for professional examinations, either for the char-

tered property and casualty under‘writer degrees. Si eaves fi The Indiana State Association of Life Underwriters and its 18 local units sponsored two seminars to train life underwriters in a knowledge of National Service life insurance and the provisions of the G. 1 Bill of Rights and pension | legislation for war veterans.

pid Bobbs-Merrill 4'2% pid Bobbs-Merrill com ... Central Soya com Circle Theater com . Comwith Loan 5% pid. Cons Fin Corp pid ... Deity Electric com ... . Hee ronic Lab com 5% Pt Wayne & Jackson RR pd 2 Herfl<Jones Co cl A pid .. 10%

waukee, will ‘discuss “The Abo Pont - War

So I Miss Annette M. Snapper, MilTruth

Home T&T Mt Wate 7% pid 3 Hook Drug Co 19%

& L com . lis Water pfd ....... ater Class A com..,, flways com .. ‘ Nat Life com

Marmon- ARertington com Mastic Asphalt

¥ rs yRtokely-Van Camp pd

leAtomis' Power’ and the Alorhic Boma wil be discussed by %. J

Natl Homes com RA hy 1*N. Ind Pub Serv 5%........ Pub Serv of Ind 5%....... Pub Berv of Ind com... Progress Laundry com .. i Ross Gear & Tool com S50 Ind G & ¥ ¢.8% pfd

. Bell system,

‘tin,

{in good condition. will now be exposed to low tem-

Mr,

Bell Telephone

Names Engineer

Charles A. Pfieiderer has assumed the duties of chief engineer for the Indiana Bell Telephone Co. © Pfieiderer,

building and equipment engineer, succeeds Vance - Oathout lh who will retire next month aft-

YARD RECEIPTS INCREASE HERE

17,500 Hogs and 3200 Cattle Received Today.

* Trading was active and prices held fairly steady despite increased receipts at the ‘Indianapolis stockyards today, the U, 8. agriculture

er more than 42 / years with the

“A native of § Louisville, Ky. 5 Mr. Pfleiderer was graduated from Purdue university in § 1922 with the’ bachelor of science degree in electrical engineering. He joined Indiana Bell's engineering department that same

C. A. Pfeiderer

It was under Mr. Oathout's direction that the telephone com-

Vance Oathout

{—Above-average temperatures last Beats (all weights) +o... in. [email protected] week thawed ice and snow through- | Sausage " out Indiana so that several river | Sood a ST 1 a1) 38 points reached flood stage, the In-| Cutter and common [email protected] _|dianapolis weather bureau report. sALYES (800) ed today in the weekly crop bulle- |Gooa and choice. | "10 0017.50 Sanimon and medium 11lod1.0 11 : Ice jams were reported at various Feeders and Stocker Cattle and Calves

Bd and caused some local flood- | ing.

ceeded,

, (and corn harvesting. An estimated | 800-1050 pounds --~1+15 per cent of the corn crop-is still | Medium — . ‘lin the fields, the bureau said.

Other activities included butchstock.

winter grains, grasses and clovers | Good

peratures, the report said. CHECK ON PARKING LOTS

—A national survey

SHOE RECORD NEW YORK, Jan. 2 (U. P.).—The Tanners Council of America today estimated shoe production for 1945,

| Stokely-Van Camp com 25 Terre Haute Malleable xP u Machine com .. . , United "Tel Co 5% . Union Title com .............. in BONDS American Loan 4'cs 55 ..... 8 100 Bubner Pertilizer 8 Se .. 98 ; American n es. 60... ... 98 100 Ch of Com Blag 4'4s 61...... 1 a Citizens Ind Tel 4%s 61..... 103 Columbia Club 1%s 3s........ ki Consol Fin 6s 86 .. ........ 99 Ind Assoc Tel Co 3s 75....... 104 Indpls P & L 3%s 70 .......107 * | Indpls Railways Co 5s 87:... 93 Indpls Water Co 3'as 68....105 107% Kuhner Packing Co 4s Me. 100 vis N Ind Pub Serv 3%s 73...... 104 Pub Serv of Ind 3%s 75...... 106% 107% Pub’ Tel 4%28 88.. .......... Trae Tern Corp 5s 67 ..... Mh W% (|HJ Wilistsoh Inc 5s 55....: 1 ve *Ex-dividend U. S. STATEMENT

‘| WABHINGTON, Jan. 2 '(U. P.).—Gov‘ernment expenses and receipts for the current fiscal year Shrough Dec. 28 compared with a year a

This Expenses $37,049, 244, “i Ae, 0, 931 War spending 32,130,496,8 43,276,380,438 Rec 19,737,521, 3 19,019,578,083

Net deficit’ © 18,211,711,054 27,557,229.348 balance. 26,021,419,435 22,308,715,519 Public debt. . 278,543,393,988 231,750,174,148

20,638,726,808 INDIANAPOLIS CLEARING HOUSE

Gold reserve , 20,004,948 244

Sadan hnnrenntadnann

7,885,000 19,375,000

2 {total of 500,000,000 pairs. B

civilian and military, at a record

ROBERT L. WALTER T. CECIL B. THOMAS

THOMSON &

department said. The 17,500 hogs and 600 vealers showed no price changes, The 3200 cattle lost about 25 cents in a slow-starting session. Sheep lambs were lower, and slaughter ewes held firm.

120- 140 pounds 140- 160 pounds ...,......... 160 pounds up Medium—

year and has since heid the po-.| 100 200 PouRE Locos 18S sitions of facilities engineer €quip- [Good to” Cholce— ment engineer and building ahd | 270-400 pounds ............ 14.10 equipment engineer. 400~ 500° DOUNAS .evvinriniyes 14 ih 8 10 Medium— Mr. Oathout = 550 “pounds ...... . 13.50@ 14.007 has - been con- Sidughter Pigs nected with the | Medium to Good telephone busi- | 0-120 ponds o 3 [email protected] ness since he body es was 17.. He |choice— : Joimed "ge Bel | 10% oven lags system in 1003 {1100-1300 Sie [email protected] when he began 1300-1500 . 11.25918.05 work for the | 700- 900 138811.0 900-1100 : . Iowa Telephone | 00°30 [email protected] Co. 1300-1500 [email protected]

Common

Good... i. Gu fum [email protected] Cutter and common 7.50@ 10.25 Canner 5.75@ 1.50

FARMS WITH FLOOD ==

ering and the general care of live- Good and choice

York Stock and other pba exchonges

totaled 4900 head. Fat steady to 25 cents

GOOD TO CHOICE HOGS (17500)

..$13.75@ 14.50 14.509 14.85 14.85

. 12.2356@ 15.50 [email protected]

Cows (all weights)

Bulls (all weights)

[email protected] | 4

Returns to Local Brokerage Firm

Morris W. Champion has returned to the brokerage firm of Thomson & McKinnon after two years in the Navy. Mr. Champion, who is commodity representative for the firm, served as branch manager for James E. Bennett & Co. in Terre Haute and Indianapolis before joining Thomson & Mr. McKinnon in 1940. - Located in the Circle Tower, the firm is a member of all the principle commodity and security exchanges throughout the U. S,

SALES:AT- PEAK NEW YORK, Jan, 2

“AIRLINES SEE BIG GAINS DURING "48

JAT. A, said.

(U, P).— The dollar volume of retail trade for December hit a record high, Dun & Bradstreet, Inc. disclosed today. in reporting retail sales for

Preparing Now for Another Banner Year.

WASHINGTON, Jan, 2 (U.P)~ America’s commercial airlines which broke all records last year are preparing for another banner year in 1946,

‘The: Air Transport association sald today that 24 major U.S. airlines will be operating 1414 planes capable of carrying 58,284 passengers by the end of this year. \ That compares with a domestic fleet of 402 planes in service on Dec. 15 and a pre-war peak of 359 planes. A. T.A. sald ' wartime improvements also should boost commercial aviation. 'Aflrlines now are studying the peacetime application of radar, electronics and improved flight instruments. “The performance of planes took a big leap as war needs ended,” “There began to be available aircraft capable of 300-mile-an-hour speeds as compared with the pre-war 180-milé-an-hour speeds. -

50 Or More Seats “Capacity was rising to 50 or more seats, while pressure cabins were due to raise comfortable ‘over-the-weather’ cruising heights to 30,000 feet.”"

» Last year. despite the press of war commitments; U. 8. airlines flew 57 per cent more passenger miles than in 1944 dnd carried 39 per cent more ' ton-miles of express and freight. In 1945, A. T. A. said, 6,600,000 airline passengers flew 219,169,000 miles as compared with 1944 when 4,500,000 passengers flew only 144,» 240,000 miles. Even so, the association said, “the aircraft still were insufficient to handle the steadily increasing demand for seats, particularly on the eastbound transcontinental trips.” Shortage Explained It said’ part of the shortage! of seats on eastbound: flights was die to the fact that the army and navy in December temporarily took over 70 per cent of the available space for returning servicemen. ™.. At the same time, the U.S: overseas air fleet carried 460,000 pas-

of mail and 8,336,000 ton-miles of express and freight. - The domestic air network, includ-

increased by 4034 miles during the year. That brought the total number of “authorized air routes to a new all-time peak of 66,971 miles. Domestic airlines in 1945 carried 72,231,000 ton-miles of mail, an increase of 41.2 per cent over 1944

period.

the past week at a level 7 to 11 per| cent above the corresponding 1044 |

and cargo, an increase of 38.4 per

sengers a total of 32,000,000 miles’ and transported 4,625.000 ton-miles{

ing passengers, mail and cargo, was

and 24,505,000 ton-miles of express |

WEDNESDAY, JAN. 7 17 | Future Is ik atthe U.S. Patent Office, Says Othman

"By FREDERICK © OTHMAN, United Press Staff Correspondent WASHINGTON, Jan. 2 (U.. P).~—There's one place in all the world to start the new year right, where ideas flow like air, the future’ is bright (for everybody but Oysters), and only geniuses are allowed:

The U. 8. patent ofce,

Spokane, Wash. It is desgined first to make an oyster Hysterical and then to .grab him while his nerves are frayed, If you ever have tried to open a non-co-operative oyster, you'll understand the necessity of Geronimo's machine, You put the oyster in it and a reciprocally operable hammer goes to work, bang-bang-bang, bankefy-bang, on the oyster's overcoat. An oyster can stand only 80 much of this, He opens his shell to see what's making ‘the racket and pfst—a chisel-like tool automatically pries it the rest of the way. Then you drop in Another oyster and bang-bang-bang, . Miss Ethel L. Flelschhauer of Lafayette, Ind. has designed for the new yedr a bath tub with a builtin, form fit rumble seat to make bathing a joy, while the General Motors Corp., has bought the rights to three of the trickiest railroad cars you ever saw. These were designed by George A. Jergenson of Detroit. One is a two-decker, one has a sunparlor upstairs, and one has three floors, someting like a house. I also approve wholeheartedly of the umbrella patented by Benjamin B. Levine of Pittsburgh, Pa. It has no handle. The Levine parasol has instead a harness to fit the human head

is the only umbrella ever made that'll keep you dry while you're carrying two suitcases. The invention of Houston Far-|r rington of Macon, equally useful, but I guess it'll have to be tried out first. designed a combination, twinmotored airplane and submarine.

the sea with equal ease. As soon as he gets the first model built he'll prove it. That brings us to Sampson Isen-

and a chin strap to hold it on. It

Miss. may, be

Houston has

It will, he says, sail over and under]

Let us consider as our first invention of 1046 the somewhat complies cated, but entirely practical, machine of Geronimo R. Ragupos of

untold - thousands of marriages

it is when you want to read in bed and your wife wants to sieep. - Or “vick-versa., . Leads to the die vorce courts, Isenberg has invented a method of printing with fluorescent ink, hich lights up when subjected lo tra violet rays. All you need in your bedlamp is

invisible light. This strikes the printed word, as printed by Isene berg, and it lights itself, withou$ disturbing your sleeping partner. Keep it up, inventors. - Continue this pace and 1946 will go down in history as the year that life (exe cept for oysters) living?

OFFICERS NAMED BY HARDWARE DEALERS

Officgrs for 1046 have been named by the Indianapolis Retail Hardware ' | Dealers’ association. They are Prancis Helkema Jr, {president; = Wesley Brown, vice president; ‘QO. A. Hufnagel, second vice president; Harry Alexander, secretary, and E. K. Oder, treasurer, The next meeting will be held Tuesday, Jan. 8, at 8 p. m. at the Beech Grove hardwawgp store. H. D, Bishop, paint manager of .the Pittse burgh Plate Glass Co., will 1 be e guns) speaker.

ENJOY EXTRA CONVENIENCE: “Bank by Mail of

AMERICAN NATIONAL BANK

A WNTIANAIN

berg of Chicago, who has saved

KLEIN

GUARANTY BUII

‘cent.

Chee. - 800 pounds ...... 0.000 [email protected] | The' usual mid-winter work ioe) 800-1060 POUNAS ..v0ves tress 13.50@ 15.00 Good including manure hauling 500- 800 pounds rrivaninsnye 12.00@ 13.50 AS reas [email protected] 500-1000 pounds. ...... [email protected] SHEEP (4900) Ewes (Shorn) 6.50@ 17.50 | Common and medium 5.000 6.5 Lam Disappearance of snow reveals | Chelce and closély i . [email protected] ood and choice ... ......... [email protected] Medium and 4ood APA 12.50 14.00 | However, they | Common coon. [email protected] FIRST BUSSES ROLL ALLENTOWN, Pa. Jan. 2 (U.|

|P.) ~The first busses built by Mack |

since 1943 rolled off |

945.

on Life Insurance Policies « Low cost

Vd We are pleased to anmounce that

TURPIN

NEW YORK

O'HARA

We NEW YORK

PEPPER

MIAMI

HISLOP

TORONTO ~ have been admitted as general partners in our fiem.

MS$KINNON

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