Indianapolis Times, Indianapolis, Marion County, 3 January 1946 — Page 18
a v ; or 8.—Co-ordinators may be apbe issued, congress may pass
8, is good; | Situation tight; no appreciable in- |. . may have to|ventories. ‘Labor difficulties have ay y slowed down production in all asbestos products except insulation and flat sheets. Lum ber—Production declining.
14.88 : Packing Sows Good to produce at present level of labor |goge tn Trt i and material supply. 2%. $00 POUNES .cvevreienien 14.00014.10 Wood Shingles—Current produc-|3s0- 560 pounds ...........
GOOD
Good and choice ; Common and medium
ARRIVE TODAY
Trading was generally active and steady at the Indianapolis stock{yards today, the U, 8, agriculture 14| Cement. and. Asbestos Products— {department reported. : The 11,000 hogs and 700 calves held at steady levels. | There was little change in prices on the 1475 cattle received despite the improved outlet. Sheep totaled 2150, and fat and yearlings lost. fully 25 cents.
while
00 PORKERS|
700 Calves.
Insurance
2 #0» TO CHOICE HOGS (11,000) $13.75014.50 14.50014.85 14.8
today. [email protected]
vases sensatan
evaane
« 12,[email protected] [email protected]
' nae 17.50 16. 1.1 1. [email protected] « 18 16.2%
. 10.25@12. 7.50810. 5.15@ 1.50
[email protected]% [email protected] 8.00
CALYES (109)
Vealers (all weights) . [email protected] [email protected]
to. be the outstanding sea-air rescue describes a 180-degree arc into
Mr. Thacker
10.50@12.%8 | pov Novem
Thacker Joins R. A. Franke, Inc.
* E. B. Thacker Jr. has been appointed manager of the insurance de partment of R.A. Franke,
Inc,
Co
building.
17.00112.1 per cent over 1044.
“ " OMENS amas «evn now on isan [email protected] HARA Feeders and Stocker Cattle and Calves Steers STUDEBAKERS ROLL |. etry 600- pounds ......,..ces [email protected] | 800-1080 pounds ..:......... 13.50@ 15.00 FROM PLANT AGAIN |: 5n somes... segues aihietic clas i 800-1080 pounds ...cecevnins [email protected] - SOUTH BEND, Ind, Jan, 3 (U.|Medium— P.) —Production and shipping of 500-1000 pounds ....ee.iiv.s 8.75Q10.25 new attomobiles was resumed today SHEEP (2130) ker Corp. after a de- Ewes (Shorn) his 13 weeks pian because of| Sootasnt, BS 1 $148 81” Out of to a labor dispute in the factory of a . Lambs parts supplier. : Choice and closely sorted .... 14.50 First units off the assembly line| Shed. o0%e0a 1 1.0 12 0081s 80 were four-deor Skyway Champion | Common... . 10.00911.73 sedans and two models of coupes. “Sd During the war, the Studebaker LOCAL ISSUES _
approximately $1, worth of aircraft engines vehicles.
month a production rate of 400 cars daily with the number of trucks dependent on delivery of certain
-
U. S. STATEMENT
for Either
x 28,113,054, 741 Cash, Blancs, 003,
SREDIT:
Sh i
anapolis
Amer St Amer
Nominal quotations furnished by Indi-
Agents Fin Corp com .,
LB Ayres rshire C
securities dealers:
STOCKS Va.
threes
bs ha.
. gos Pes. 1 hy CASH OR pon. 038 EE ub iH ig Assos Te Cs pl
Kingan
RITE'S INDIANAPOLIS CLEARING HOUSE : Clektings SRA areata re vl GLA CLOTHING & | Eo ie JEWELRY |[ BUY WAR BONDS » SHOPS || cpoumiTY TRUST 0. S$. ILLINOIS ST, Podoral Deposit : of Maryland
JARS DEAL st RITE'S
ins very. 130 EAST WASHINGTON ST. m==—————FOUNDED 1878 i —
: __We Are Pleased to Lg 4 * Announce That ) MR. ARTHUR A. BROWN
Bo, INDIANAPOLIS MR.
§
KARL P. HERZER
~ NEW. YORK City
AROLD G. LAUN
- CHICAGO
Chicago Shock Exchange
on Stock Exchange |
Ros
ts Pin Corp pid ... 19 ates pid ...... . L389% 0B States cl A. ..... 32 pA 4%% pid .... 108 as ol com .. 2h So Nn a Merrill 4 pid’ Lo -.+ | prod Merr % PI ae M I COM +uvvapernes n yrh p ucts, COME +o’ dgannsines 52 1 A 61 . 6% pid..... 105 oe PIG svnansnarss MT .. QOM “sis eesvivar 16 1% veda ot ¥is B% 0%
ear & Tool com...... 30
BONDS
To Kegp Vatusbles Safe Rent a Safe Deposit Box at
J. H. Barnett Jr, Tenn.; G. J. Kucera, Fairmont, W. Va. and G. H. Jackson, Belle, W.|
the firm. ; A The Indianapolis office opened in "11933 with Mr. Browne as manager. .|A native of Michigan, he has lived most of his life in Indiana and graduated from Indiana university in 1920. He will be one of 16 part-
the New Chicago Stock Exchange, ''18tock Exchange ‘and ..../ Curb Stock Exchange.
& Oo com ns a 4 ? Lincoin Loan Co 5'a pid.... ® o Lincoln Nat Life com ......... on ... PR Mallory com . . ...v...e4 35 W% Lincoln Nat Life com ...,.. “wB% .... - gton com .... 4% 1¥ astic Asphalt ',. .......c.00. 1 nr OMes COM .. ..v.iveee 0% 1% N Ind Pub Bers 5% ......... 107% 11 b Sry at Ind 5%... 105 ios Tv 0 com .... 36% | Chicago. Laundry com ... A a o
nt building was
which Is nearly before high navy crhft of the near future. The nose
Mr. Thacker formerly was associatell with the U.S. Pidelity & Guaranty
+ He-plans to expahd Franke insurance serve ices beyond the : lines now oflambs | fered. The firm is located in the
STATE INCOME TAX SET RECORD IN 1345
The Indiana gross income tax division collected more money last than any time in its history, [email protected]| gate Treasurer Frank T. Millissaid
The division Wednesday opened collections of the levy on 1945 incomes, and the cashier's department is prepared for a month in which i it must process more than a [email protected] | lion remittances, Mr. Millis said. 172501808) The 1945 collections totaled $446.a SBgu 352,168, in Increase of $3,520,201 or 15.50 18.
All quarters except the final one owed an increase over the corresponding quarter last year, stated . Payments for the Oc-ber-Deécember period were only $7,853.90 as compared to $8,921,261 in 1044, The collections made last year increased to $319,967.55 the amount of gross income tax paid by Hoosiers} . [email protected] [since the law was enacted in 1933 p.s0@123s| Tax blanks for 1945 now are avail|able at nearly 1000 distributio 125081450 points throughout the state, Mr. Millis said, Deadline for payment of the tax on 1945 incomes is Jan.
REILLY CO. PLANS CONFERENCE HERE
A three-day conference will be held here next week by branch managers and sales representatives of Reilly Tar & Chemical Corp. The meeting will be held Jsn. 10, 11 and 12 in the Indianapolis
Peter C. Reilly, president and founder, will be honored at a dinner. Thursday af the Columbia club to} mark the firm's fifth decade under
* Out of town attendants will include P. C:. Reilly Jr, New York; T. G. Gannon and V. J. Miller, Chicago; N. W. Locke, New York; A. E- Larkin and H. L. Holstrom, Minneapolis; G. J. Plerman, Columbus, O.; W. A. Stelzer, Urbana; O.; Chattanooga,
The Reilly: Co., togetlier with its), affiliate, Republic Creosoting Co. "lis a pioneer in the American coal tar industry and one of the coun“Itry's largest producers of coal tar
BROWNE. ADMITTED AS FIRM PARTNER
ners, 10 being located in ‘Boston, three in New York and two In ‘| “Moseley &.Co. was established in 3 Boston in 1878, and is a member of York * Stock Exchange, Boston New York
gman Be dw HOTEL, APARTMENT | Sh 4 HOUSE SOLD HERE
‘| Change of ownership of the Kirk-| .| wood hotel, 357 E. Washington st., ‘land the Vernon Court apartment building, 3420 N. Meridian st, was} announced today. . The hotel was bought ‘by a cor- ‘| poration headed by Capt. James E.|. Noland, formerly of Bloomington and now an army transportation |officer at New Orleans, La. The
by Charles ¥. and Lillie JF. Kinley.|
twice and
as coast
“as any other guard officials, -
MURAT BUYS PARKING LOTS
Organization Pays $35,000 For Two Plots.
The Murat. temple and . theater has purchased two plots of land to be used for parking space, Karl L. Friedrichs,: recorder and. building manager, said today. 2 The property, costing approximately $35,000, consists of & halfblock bounded by Michigan, Alabama and North sts. Parking facilities are needed now, Mr. Friedrichs said, and acquisition of the space will mean that traffic congestion in the area will be relieved by enabling Murat guests to park off the streets. ; Clubhouse Later The first property bought was a plot with & frontage of 125 feet on Mibhigan st. and a depth of 195 feet bordering on alleys at the rear of the Murat building. This lot cos about $15,000. : The second purchase, which cost $20,000, was of property having a frontage of 105 feet on Alabama st. and bordering an alley on the south
and an apartment building on the north ¥
site of a clubhouse.
is treasurer.
w p
Seek” to Extend the ‘Good
The next session of congress is expected to see an early fight over an administration bill to enable the state department “to sell the Amer-| * ican way of life” around the world.
bill" would permit expansion to a
’ been doing in South America. The
| The latter property, Mr. Priedrichs said, will eventually be the
Raymond J. Sever Is potentate of the organization and Dr. C. E: Cox
PUBLIGITY
reine,
U.S.
Neighbor’ Policy.
WASHINGTON, Jan. 3 (U, P).—
The so-called “cultural relations
global scale of the good neighbor publicity job the United States has
measure has been held up by a hostile house rules committee.
Brown Delayed Bill Rep. Clarence J. Brown (R. 0), one of the committee members who delayed floor consideration of the legislation, said he would demand more information before he would vote ‘to place the plan before the
house. Similar sentiment was voiced by Rep. Robert B, Chiperfield (R. IIL), member of the house foreign affairs committee which has approved the bill. Brown noted that.the state department already has announced plans for a U. 8. information service to carry on many functions of the ‘office “of war. information and the office of Inter-American affairs. “This was done under war powers” Brown told reporters, “but they are going to need congressional approval to continue such a program permanently.”
- Gives Broad Powers
The cultural relations bill would give the needed authority for information services and for promoting interchange of students, knowledge and skills. It sets a June 30, 1948 deadline for authorization of appropriations to assure opportupity for congressional review. “You ceuld drive a horse and buggy through the bill,” Brown said. “It opens the door for the state department to do practically anything it wants, It could purchase radio stations, for instance, or any property ' which it claimed would advance cultural relations.” Brown said the proposal was a “prainchild” of the former Assistant Secretary of State Archibald MacLeish, 3 “It reads like some of MacLeish's poetry,” Brown said. °*
Books
been
library:
by Henry Beaumont,
U. Faulkner and Mark Starr.
E. Jay Howenstine.
Magill.
The following new books have received by - the Business branch of the Indianapolis public
PSYCHOLOGY OF PERSONNEL, LABOR IN AMERICA, by Harold POST-WAR MARKETS, edited by TAXABLE INCOME, by Roswell
OCCUPATIONAL INSTRUCTION, by Elroy W, Bolling and Gilbert
{STANDARD ASSETS
Assets of the Standard Life In-
day.
of small loan insurance, he said
creased to $645,854.
a
Cashiers to Hear
UP 509% LAST YEAR
surance Co. of Indiana increased nearly 50 per cent in 1945 to reach $3,125000, Harry V. Wade, president and general manager, said to-
Insurance in force increased to $36,317,000, not including $1,305,000
and surplus above all reserves in-
The company plans to build a new home office at Fall Creek and
John D. Pearson
necticut Mutual Life Insurance Co., is program chairman, ——————————————
PRICE CONTROLS "10. STAY AWHILE
WASHINGTON, Jan. 3 (U, P)~ Price Ohief Chester ‘Bowles has promised that price controls will be lifted in the future only when it is certain that “prices are not going to advance sharply.” Bowles’ promise came as OPA announced that ceiling prices on fresh citrus fruits would be restored one minute after midnight tonight. OPA said it was necessary to restore price ceilings because prices in many instances have more than doubled - since controls were lifted Nov. 19. The: restoration of ceilings was approved by the agriculture department and Economic Stabilization Director John C. Collet who previously opposed the action. When OPA recommended the ac tion ‘several weeks ago, Collet contended that the price increases resulted from bad weather and transportation shortages which kept fresh citrus fruits off the market. He said at that time, however, that he would approve renewed controls if the excessive price rises were not curbed. : Despite Collet's warning, OPA said, citrus prices have continued to increase, particularly for oranges. Under the order, retailers will use the “net cost” for the largest deliveries during the seven days preceding the résumption of price controls to establish first ceiling prices. The “net cost” must not be greater than if purchases had been subject to control, however.
ceilings each Thursday,
controls were Nov, bumper crop also was expected,
LOCAL INSURANCE
Times Special
versity.
CHANGES F PRICE ESTIMATE
Retatlers then will refigure their
Fresh citrus fruits generally were selling at below-ceiling prices when 19. A
MEN FINISH COURSE
LAFAYETTE, Ind. Jan. 3.—~Twol Indianapolis ‘men have completed. the six-week basic course in life insurance marketing at Purdue uni-
They are James W. McAuley, Indianapolis Life Insurance Co. representative, and W. E. Hollowell, representative of the Equitable Life | Insurance Co. of New York. Mr. McAuley served three years in the army air corps and is enrolled under
Sap ona o dxdana, will be at dinner en v oh ing, of the Tite Agriculture Department: o : . Indianapolis Sees High Income. Tuesday in the | Riley hotel. * WASHINGTON, Jan. 3 (U, P.)— Mr. Pearson The agriculture department revised will - discuss earlier estimates today and predicts “Ihe Service of od “that farm prices would stay ab the Indiana present high levels for the next Department of few months. Tndganes. Its economists now believe that William F 1945 farm income will surpass earli= McNairy, State er predictions by more than $300,Life Insurance 000,000 to reach an all-time high of Co, will pre- 2 $21,500,000,000. ~ side, and Milton A. Softon, Con- | .In October, the department said
demand for farm products would |remain high in 1946, but, even so that income was likely to slip 10 {or 15 per cent, However, consumers
have been demanding farm goods at an unprecedentedly high rate and the department now believes prices will remain close fo wartime peaks at least for the first few months of -
the new year,
See Demand for Fats Latest estimates indicate that: Prices for meat are likely “to con= tinue near 1945 levels during the first half of 1946” Demand for dairy products promises to be “the strongest since .the outbreak of war.” “Measures to support prices” on eggs probably will be necessary but chicken meat prices are due to stay “at present levels.” A demand for fats to increase consumption over present “subnprmal” levels will be “important price-supporting factors.” Potatoes Look Good Feed grain prices “probably - will average slightly higher for the entire 1945-46 season than in -1944< 45” but a little Jess than the peak reached in 1043-44. Wheat prices
present ceilings. Prospects for potato prices are “definitely brighter” now than a month ago. Domestic cotton prices have continued to strengthen.
PITMAN-MOORE HAS EW PENSION PLAN
Pitman-Moore Co. today ane nounced a new pension program.
of 30 and 56, with five years of service, are eligible fdr the plan underwritten by the New England Mutual Life Insurance Co. This plan includes retirement and life insurance benefits and, although employees participate in the cost, the major portion of the expense is borne by the firm, officials said. A separate plan is available with out cost to employees dver 56 with five years of service.
IRON AGE SEES U. S. IMPORT OF COPPER
NEW YORK, Jap. 3 (U, P)— United. States for the first time in
journal asserted, “are fighting a receding “production . . . ” On the
vastly expanded to meet war de. mands, must have markets to con-
Weaver.
LOCAL PRODUCE
= a ae
“Rees:
A
“Ugh over, 300. uni
rns, 18¢;
1, 16¢; t recel is, 84 CUry I ly - x args, 42¢
at AL collng, 0c.
PRICES POR PLANT DELIVERY * Poultry: Hens, 4's lbs, and over 22; under,. 19¢; Jlegho Ibs. and over, 23c; under; 20c; 180; roosfers, 16c; defeks, 5 lbs, an Jeese, 20c; capons 6 Ibs. er, :
lbs. t J A medium, jo; A small, 3c; B large, 36¢; no grade,
springs,
4h
over,
case,
Washington boulevards.
the G. I. bill of rights.
tintie operation.
A A A a ARM A s q
are not likely to decline below
All employees between the ages °
other hand, foreign copper mines, &
4
General's Fir
®
WASHINGT( day to have exp vided American-§ . In his first re _ allied powers, Ma consequences” an This ' report, is war department, fore the three-po foreign ministers on a joint Soviet for Korea and meeting Of the R ican military cor to establish co=t
————— 424 State Life I HERMAN
Platinumsmit}
Expert on Dian Experience |
Selling | Rightful Setting. 4
. of Your Diamond.
SEE IT-
OTA _HEARII
Cut Out T Send for a .
W. A. HEY 511 Chamber Bldg.
GET A 25¢ BOX
p— 1
FA 4 |
Proper Posture B sizes 36 to 50, spe
* RITZ © 3432 N. Next Door No Store Hours Except Fridays 5 Phone
SUPER
*| | PERMANE
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