Indianapolis Times, Indianapolis, Marion County, 22 January 1946 — Page 16

to hundreds of little-known, tively pula factories scattered the country that make

¥, ' . . = _ % The same is true of most of the other consumer items for which the | ip has waited so long. Each refrigerator calls for 225

H 38

;

capacity production. are virtually non-exist. in pther consumer-production manufacturers have intermittent activity of . For a week or two shipment arrives, they work then, as the supply gets can't be sure how pment will come, |

n i 4 h

k i

£} 5k:

Ls .

- f

;

fi | Hell

the like in store win-

i h

at any given time.

to satis! that the mills are capacity for the hs, ung are scrutinizto eliminate get the best

pees : £ : gz i, :

; E 8

pacity for making and hot rolled | booked for more months. Cold rolled sheets are used for automobile bodies. Hot “yelled bars are used for automobiles, rolling stock, and a wide of smaller consumer items.

fn 1 Zoi

. CHEDDAR CHEESE UP

+" WASHINGTON, Jan. 22 (U. P.). ~Housewives will have to pay 3.75

Feb. 1 as a result of the reof the Jovenmant’s subsidy Lo matmfacturers

L( ANS

dint

strongly opposed President Tru{man's proposal to retain food sub- |

to of their mate- | ty

A is more a pound for cheddar

Diamonds, Watches, Cameras, 1

LOANS ON EVERYTHING!

zt The CHICAG

146 E. WASHINGTON ST.

' BUSINESS DIPECTORY

FARM GROUPS FIGHT SUBSIDY

Oppose Truman’s Plan for Renewal.

WASHINGTON, Jan, 22 (U. P). Major farm organizations today -

gidies after the June 30 deadline now set for their termination, The President, in his budget mes-

sage yesterday, said that unless sub-

sidies were continued, the nation's food bill would go up 8 per cent. Specifically, he said that on July 1, meat prices would be 3 to 5 cents a pound higher; butter up 12 cents in addition to the recent 5-cents-a-

pound increase; milk, 1 cent a quart

more; cheese, 12 cents higher: bread, 1 cent higher, and sugar, 1 a pound.

Farm organization leaders said farmers already had gone ahead with their 1946 production plans in the belief that the government would carry out its announced program of ending most subsidies by mid-year. They said a turnabout now would be “one of the worst] double crosses in President Edward O'Neal of the American Farm bureau said he would make public today a “vigorous

statement” on his views. National

Grange officials said they would “fight * unequivocally” against the President’s move. Other farm organizations, with the exception of the National Farmers union, were known to agree with these views. The opposition of farm leaders indicated a sharp fight in congress:

Fn shim {over- continued subsidy legislation. »

Congressmen from most farming and | southern states were expected to line up against city and labor repative Expected to Drop In requesting continued subsidies,

showrooms, but almost|MT- Truman said that the termina- | to get the promise of tion schedule was announced Nov.

|9 with the expectation that food |

great is the demand for steel| oss would drop but that they had | corporation, ¥ pent-up buy-| not.

A Grange official conceded that | it might not be possible to remove all subsidies by June 30 under the |anti- inflation program. He sald the {Grange favors the announcement now of a definite program for enfi- | ling subsidies “a little at a time” {instead of waiting for prices to fall | {below “present inadequate ceilings.” It was understood that Secretary | of Agriculture Clinton P. Anderson, who favors an early end of subsidies, had agreed to go along with President Truman's proposal | “after a bitter behind-the-scenes | battle.” Anderson repeatedly has main- | tained that wages and other production costs cannot go up without

farm leaders expressed disappointment that Anderson had publicly | abandoned his stand

bn ——

Musical Instruments

JEWELRY CO., INC.

Crutches, Invalid Walkers and Posture Beds Can Be Rented af

HAAG'S

102 North Sabitol Ave.

Wx »

A |

4 OUR (Egy Fe LOW PRICES

NITE’

some increase in food prices. The |:

but must be approved by the war, Harvester refrigeration division Evansville, the firm said, to manufacture refrigeration products. The yiant te expenteg late summer.

Guest Speaker

Dr. Marcus Nadler, New ‘York university professor of finance, will speak at the Indiana Bankers association Trust oonfer-

discuss “Some Economic Trends for 1946”

companies will attend the one- | day meeting. William C. Griffith, Indiana Trust Co. president, is chairman. :

let at ceiling prices.

| classes totaled 175.

DURHAM TRIAL IN

handbook yesterday in an effort to prove the company and nine em-| 700ployees guilty ot conspiring to de- a fraud the government by concealing |1300defects in war materials. Keating said that the defendants failed to tell navy inspectors that 1 some propellor shafts, rocket bombs and shells made at Durham were x not of the dimensions required by | navy specifications. { Phil McNaghy, attorney for the told the court that | there was “no agreement” between the defendants and “no proof of | conspiracy.”

LOCAL ISSUES

Nominal quotations furnished by Indianapolis securities dealers:

ondis—

G Medium ‘ Cutter and common ..

Cows al weights)

END USES FOR ‘SURPLUS 600DS

Diesel ‘Engine Converted to.

Power Plant.

By ROGER W. STUART : Scripps-Howard Staff Writer WASHINGTON, Jan. 22.—Out of surplus war goods once thought worthless thay come a new kind of

‘ |industrialization benefiting both | cities and rural areas.

The Reconstruction Finance

| Corp. has thousands of aircraft and

tank engines for which, up to-now, there has been little apparent use. Engineering firms and individuals have been invited to develop new uses for them. The progress already

a | made, according to RFC, is encour-

Dr. Nadler to Be TRADE STEADY ON LIVESTOCK

‘Yards Get 5125 Hogs" and purposes 1050 Cattle.

Trading was active and steady most of the 5126 hogs received

stockyards to-

| day, the U. 8. agriculture depart-

sows weakened

1050 cattle sold actively and The 325 calves had an active out-

Sheep lost 50 cents and lambs were nominally steady. - The two

GOOD TO CHOICE HOGS (51%)

Butchers . $13.50014.25

aging. Many Available In Houston, Tex. for example, a company has converted a radial diese] engine into a power plant

[| capable of lighting a town of 3000.

The engine is hooked up with a standard alternating current generator, It will develop a 7T5-kilowatt charge load with an operating cost of only 45 cénts an hour. Fifteen hundred of the RFC's

120,000 surplus engines (there will

be many thousands more) are diesels, some 250 and some 345 horsepower, Until the possibility of using them as power plants was explored, however, sales prospects were poor. In the war they were used in tanks. One of the companies engaged in experimental work with engines is the Ford, Bacon & Davis of New York. A contract with RFC directs the. company to make a “study of all-possibilities for the utilization of {surplus aircraft for non-aviation

Supplies Free

. Individuals competent to experiment with aircraft engines as well as with other types of surplus equipment are being offered similar contracts, RFC said applicants, if qualified, would be furnished _the equipment without charge. A Detroit firm, it was revealed, already is developing power plants of 100, 200 and 300-kilowatt capacity from standard type aircraft en{gines. The engines use less than one-third of their available power at reduced speeds. This permits the use of low octane fuels. So successful have the Detroit experiments proved, according to RFC, that marketing plans for the

140- 160 pounds [email protected] | engines now are being formulated. : I Des aan is It is anticipated they will be used FINAL ARGUMENTS EE 58 i ileal iis ti 160- 220 pounds ........ .... [email protected] | cilities as well as for stand-by units “PT. WAYNE, Ind, Jan. 22 (U.P).| Packing Sows and for irrigation purposes. ~The Durham Manufacturing Corp | Fo. 300 pounds ...... 2 ere conspiracy trial may go to the jury oo Pounds : Hi gue 3 ‘MERCHANTS BUY late today after final arguments by| J00- 530 pounds .......... » a “MONEY MART, INC. 250- 550 nds .. .. [email protected] defense and prosecuting attorneys. abi Pigs The plant check cashing facilities Asst. U. 8. District Attorney James| medtum to Good-- of Money Mart, Inc., have been acE. Keating read excerpts from a] 90- 130 pounds [email protected]¢ quired by Menints oe Cor congressional code law and a naval CATTLE (1050) Service.

The addition of this armored car

Its now brings to eight the number

operated by Merchants, according

1808t0 William E Williams, president

. [email protected]% —_

and general manager.

payroll check cashing service. A

pieces 13208165 downtown currency exchange is opa wine hed at 108 8. Pennsylvania st.

for the convenience of the public.

U. S. STATEMENT

WASHINGTON, Jan. 22 (U. P.).—Gov- | ernment expenses and receipts for the

sawsnia 12. [email protected] current year through Jan, 18 compare | with a year ago: . 10. [email protected] | This Last

| Expe 12.75@ 14. 75! War Spending 34 985,167,086 10.75@ 12. 75 | Receipts [email protected] | Net Deficit

pses ... $41, aed 3330 4 52.851, Tea 48,233,037,4° 21,667,508, 321 21.693,848,717

. 19,722, 3, 428

Services of the 23-year-old firm! [email protected]| include daily deposits, thange aid

STOCKYARDS AGENCY WILL MEET FRIDAY

The Producers. Commission 2s80-

convention Friday in the Claypool hotel. The livestock sales agency at the

ganized by and is affiliated with the Indiana Farm bureau. The expected 300 guests will Include county agricultural agents, livestock committeemen from counties in the Indianapolis market |, area, county delegates from central Indiana and east central Illinois, Farm bureau officials, county social and educational leaders and representatives of Purdue university lvestock extension department.

PLANTS ADD 8500 WORKERS IN MONTH

Industrial plants in Indiana added 8500 workers from Nov. 15 to Dec. 15, John K. Jennings, statg director of the U. 8. employment service, reported today. The incregses. which did not consider striking plants, were general throughout the state, Mr. Jennings said, and only three of the 20 labor market areas showed declines during the period. The few declines were attributed by Mr. Jennings to further reduction in labor forces of plants that were limited to war production. Workers at 11 major plants were striking at the time of the survey.

Five new books have been received by the Business branch of the In-

ciation will hold its 24th annualf,

Indianapolis stockyards, it was or-|

ihe To the program, former members of the foreign. economic a tration have been tfansferred the department's bureau of foreign and domestic commerce, With the transfer of the functions of the Smaller War Plants Corp. to the department Jan. 28, the bureau will get an additional 400 people. To meet the cost, President Truman asked for the bureau an appropriation of $11,670,000. This com= pares with $2,500,000 it may spend In the 12 months through the end of dune. : The department of commerce has a particularly important role in the business world, the President said, and added that its program to aid business led him to recomménd “a substantial increase” in the department's -appropriation. The department would be instrumental in administering an over-all anti-monopoly law which Mr. Truman said the country must have. The policy could be applied by all agencies of the government, he said. Such an anti-monopoly law would be designed to encourage the formation and growth of new and freely competitive business.

Promote Trade Mr. Truman said a primary qbjective of the department’s new program would be to promote a large and well balanced foreign trade. Under the program the department will provide improved technical and management aids. It will also overhaul and expand statistics on business operations by industry and regions, the President said. The research activities will be broadened to make inventions and discoveries. quickly available to all business. To expedite the latter phase of the program, universities will be encouraged to carry on more re-

search. The patent office procedures |:

will be improved and a greatly increased number of field offices will be set up so that business will have a better, more convenient contact with the department.

Siaaapols Public libarby. They in-

CLAIMING EXCESS PROFIT TAX RELIEF, by Leo J. Hoffman. HUMAN LEADERSHIP IN IN. DUSTRY: THE CHALLENGE OF TOMORROW, by Sam A. Lewisohn. TELEVISION: PROGRAMMING AND PRODUCTION, by Richard Hubbell.

‘OPERATING RESULTS OF DEPARTMENT AND SPECIALTY STORES IN 1984, by M. P. McNair.

Meetings

Tobacco Table James D. Poling, Calvert Distillers Corp. will stress the slogans, 5 iyou drink, drink moderately” and “Whatever you drink, drink wisely” [when he addresses the Indianapolis

Tobacco & Candy Table at a] luncheon Monday in the Columbia Shut Officers of the group are L.! Linn,

F. Jacobs, chairman; H. BE,

‘secretary; and George Stoutz, treas- |

rer.

31, 157,920,058

3 Canner 6.50@ 8.25 Cash Balance 24,895,709,085 20,125,809 156 STOCRS ‘Bid. Asked Bulls. ‘aif weighted Public Debt .278.607.426,754 233,112,481 535 | Aen Lo i ig serena oh 20 | Boet= Gold Reserve 20.110. 316.150 . 20,571,734,118 | Agents Pin Corp p . ‘eres meio 3 Good (all weight) ......... [email protected] Ames Sues wd”. ree WB age INDIANAPOLIS CLEARING HOUSE Amer States cl B . .... Good . [email protected] Olearings ..........cc.00....s 5,908,000 L 8 Ayres 4%2% pid .. 112 | Medlum on 1000811 35 peggy, LLL. 15,130,000 Ayrshire Col com . 2s | Cutter and common [email protected] Belt R Stk Yds com 30%: CALVES (325) {Belt R Stk Yds pfd 0 ved LOCAL PRODUCE | Bobbs-Merrill 42% pfd ...... 69 Vealers (all weights) | Bobbs-Merrill com verve Good and chaice SD AD ap —— | Sentral, Says com . 5% 59% Common and medium CI ain PRICES FOR PLANT DELIVERY Pain Loan 5% pid oo. 108 ; {culls [email protected]| poultry: Hens, 4% Ibs and over 32c, Cons Pin Corp pid . 97% | Weeders and Stocker Cattle and Calves |UDder, 19c; leghorns. 18c: springs, 4% / Delta Eloctrie com... . 18 1715 | Slee ibs. and over, 22¢; under, 20¢; 'eghorns Electronic Lab com | cos 9" 18c; roosters, 16c; ducks, 5 lbs, and over, Wayne & Jackson RR pf 10a | acenn pounds [email protected]| 20; HEht. 13c; geese, 2c; capons 4 Ibe { HerfI-Jones Co cl A pfd oo! 800-1080 Pounds rai 13.50@15 00 | and over. 30c; under, 22c | Home T&T Ft Wayne 7% td an | Good DOUBLES. vs seievnss Eggs’ current receipts, 64 Ibs. to case, Hook Drug Co com 20 i €00 unds [email protected] 31c; graded eggs, A large, 34c; A medium, Ind Assoc Tel Cq 2 pfd 51 jn 800-1050 pounes Tan [email protected] | J}C: B large, 28c; no grade, 25c. Ind & Mich Elec 4ls% pid .. 110 A. POVDE - cervraneen. » Butterfat At ceiling, S0c indpa B & L pid 14 ie nl 500-1000 pounds [email protected] | Indpls & L com 293 HE | Indianapolis Water pfd 105 * SHEEP (175) TRUCK WHEAT Indpls Water Class A com 2034 { Ewes (Shorm) | r— { Indpls - Railways com 19 Good and choice 8.00G, 7.50 | J 4 a. | Indianapolis flour mills and grain ele at Lue oo 7 Be in { Common and medium 500@ 6.90! vators are paging $170 per bushel for Kingan & Co pfd — 92 0 Lambs 0. 1 red wheat (other Srades on their | Linco Loan Co 5'% pfd .. 99 Choite aid closely sorted 14.5015.25 | merits): oats. No 2 white No 3 g Lincoln Nat Life com sole Mi {Good and choles ............ [email protected] | testing 34 Ibs. or better, oo; corn, No. P R Mallory com $344 34% 3615 | Medium and good .......... [email protected]{ rellow shelled. $1 08 a bushel and No 2 Marmon-Herfington com 16% 17% «| Common — 30051073 white shelled cova, Mastic Asphalt is Ya 13%

Natl Homes com sevurns 73% N Ind Pub Serv 5%.. Progress Laundry com .

110'%

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SERVICE TO MEDICAL PROFESSION’

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Pub Serv 0 Ido e ie 106 in | en ct ce e————— Answer te Previous Pussie ™ Ey a Bn Anant uit . SAREE 150 Ina GO & E 48% bid TA ugk [ Russian Judge A 3 PIA 4 Stokely-Van Camp pfd veal 3) 1% ga Stokely-Van Camp com : n 28. - - bd Mithine com v4" {ii HORIZONTAL VERTICAL United’ Tel Co 5° .. 99 1 Pictured Rus- 1 Capital of the Union Title com , 32 sian judge, Bahamas Bonds | Gen, I, T. —— 2 Writing fluid a or al Hk American Loan 4's 55 .... 9814 | 9An 3 Kentucky ar Lo = ger a a Dubber Pastimes i 54 1 WY | 10 Whirlwind (ab.) SAB Ar Aediarar )s Ch of Com Bldg 4%s 61 ..... #1 11 She 4 Struggle BITIAT ICING | Citizens lug a a “ 61 " 12 Writing table 8 Flock Consol Fin 3s. 96" #0! 14 Nimble 6 New Hamp- 18Brood of 37 Woody plant I As DO A 14 v7) 16 Arabian’ gulf shire (ab.) pheasants 42 Bone Indpis Railways Co 55 57 95 "| 419 Bitter vetch 7 Parrot 20 Restrains 43 Aperture Indpis Water Co 3'as 66 106 107% 20 Minded 8 Trying 21 Il desert ;© 44 Brain passagt Rulngy Tacking fo uM 10 22 Silkworm experience 24 Beast of 45 Babylonian Pub Bery of Ind 8la8 75 108, 107% 23 Polish river ~ 12 Debutantes burden deity Trac Torm Corp 5s 67 061s seve 29 Large (ab.) 26 Citrus fruit 48 Meadow HJ Williamson Inc 5s 55... 0 : an 13 Man's name 81 Czar 50 Gallon (ab.) Bx-dividend 27 Short oar 14 Symbol for 32 Charter 52 Fortando 28 Skirmish selenium 3 Of Etna (ab.) 29 Near 15 Thee Cure! i islands 54 Symbol for 30 Type measurel7 Sea eagle 36 Withered sama “ELASTIC WELL IIITYa | 31 Subject HOSIERY 17843 | 34 Cook 38 Oriental AMERICAN TRUSS Co. Jaren PZ ER TSI", SN RCV A FA | 39 Bury 40 Alder tree —- (Scot.) 41 He is chief te ge * 46 Native metal 47 Stagger 49 Caterpillar BED BUGS | 5 50 Merriment Use SHUR-DETHY] * freien for Yulek. Renlts | __ Forces (ab.) , 53 Compass point [ 54 Salt 7 ‘85:He is one of * the presiding

TUESDAY, JAN. 2, 1946. New Budget Hy 3 Big Boost for Aid to Biseess

WASHINGTON, Jan, 22 (U.P.)~The commerce department budget | for fiscal 1947 provides a big increase to promote Secretary Henry A. Wallace's program of expanded aid, for business — especially business. President Truman proposes to give the department $163,336,000, or more than $70,000,000 above this year's budget. Mr. Truman thus backed Wallace's program to go all-out to pro{mote little business with new services and other helps,

small | State Production Is High,

‘““Lincoin” Habit

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|MILK AND E66 FIGURES HIGH

‘Purdue Reports.

Times Special LAFAYETTE, Ind, Jan. 23.-= Hoosier egg production in December was estimated at 127 million, Purdue university said today. This figure was the same as in December, 1044; but 50 per cent above average. For the entire year, the production was about one per cent less than 1944. December milk * production, esti= mated at 250 million: pounds, and

fore, the report said. This was seven per cent higher than the month's a The year's milk total, 3739 mile lion pounds, is five per cent above the record year of 1942, the university said, The report, compiled by the uni versity’s department of agricultural statistics in co-operation with ‘the U. 8. agriculture department, indicated the chief reason for high production is the record high production per cow in the milking herd. U. 8. milk production last month was the second largest on record, and the annual production was estimated to be the largest im history. Y ml ———————— SCOTT NAMED PARTNER John E. Scott, former OPA enforcement officer, has heen named Indianapolis partner in the law firm of Cull, Gruener & Stearns, Cleveland. Mr. Scott’s- office is located in the Consolidated building.

GEYER

pd Trained Specialists.

Safeguard YOUR VISION.

WE are closed Wednesday Afternoons

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two per cent less than the year be~ ..

The pay is good and raises are regular.

- QLRLS THERE ARE GOOD JOBS

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are pleasant and comfortable.

Come in and talk it over with us at

THE EMPLOYMENT OFFICE 240 N. MERIDIAN STREET

INDIANA BELL TELEPHONE COMPANY

LINTON vors: Hush Ruth: Aon, MUNCIE Survivors: Wesley; ~ Kelly; siste: Charles T Mrs, a Husband, A Brokaw, Mi

TERRE Survivors: wi Ga Wilma Hogl ers, Clyde. Mrs, vors: Husb daughter, M Charles Ha:

T vors:

URNER-~ Wife, Mrs. Isabel

Ww, ; vivors. Bis Mrs. Jane Joseph and * Arthur B Ruby N.; 4 son, Idell | heek

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ing 1510 34,746 in

DEATH Tndianapeli

Beals of W his home, ner & Buc a m. x Please do ! call at mor

away Tues Tolin Pune after 13 nc later.

Alphonse I Funeral on Thursday, church, 9. Friends ms Christian | will meet | I auck serv

FEHR-A!l Beard, M and Claude

Park Ceme HEBEL--M Angeles, aunt of R. eral Thur tuary, Mer Peter & F Joseph ‘cer the mortus please. copy

chapel, 344 dron Bapti welceme., Waldron, 1

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