Indianapolis Times, Indianapolis, Marion County, 7 February 1946 — Page 27

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ett Johnson TE ——————— S———————— , of course. millions f them. So,

> libraries.

v.T Hamlin

/! THAT'S A ! AFTER MY ERS COME

K,1LL GO TO Jf ' MOON FOR

M IF HE WANTS!

. implement production.

I COAT Restyled

THURSDAY, FEB. 1 1048 _

BUSINESS— .

OKELY REVEALS EXPANSION PLANS

Frozen Food Line to Be Developed With Construction of New $300,000 Building in California.

'* Stokely-Van Camp, Inc,

line:shortly with the construction of a new $300,000 plant in ' California, company officials said today. The plant will be located at Oxnard, about 75 miles north of Los Angeles. It is expected to go into production when the seasonal pack becomes available this summer.

The frozen food plant will be operated in co-operation with Oxnard growers and the Union Ice Co, ‘according to offcials. Union Ice will construct the new building on its own property in Oxnard. The firm has been contracted by Stokely-Van Camp to handle the freezing of foods packed at the plant. ® » = . WHEN COMPLETED the new structure will be approximately 120 fcet by 700 feet, and it is expected to employ about 400 workers, Officials stated that operations are expected to be conducted on a yearround “basis. The products to be packed will.include lima beans, peas, caulifiower, _brocoli, orange and lemon juices and spinach. Stokely-Van Camp, Inc. distributors of the nationally ad-

__yertised Stokely, Van Camp and

Honor Brand labels on fruits, berries, vegetables and pork and beans, operates plants in 15 states,

* Hawaii and Canada.

FIRST SHELBY BUS IS RECEIVED HERE

The first of an order of 10 busses has been received by Indianapolis Railways. Ordered in December, 1944, from the Mack International Motor Truck Corp., the vehicles have been expected since September. Six more of the busses, to be used on the Shelby line, are being driven here, officials said. The lasi three are tied up by a strike and delivery date is uncertain. The 41-passenger busses will be the largest operated here. Use of new metals makes the weight con® siderably less than in similar-sized vehicles, the company said. Some will be placed on’ display before being put into service.

SAYS STRIKES HIT FARMERS CHICAGO, Feb. 7 (U. P).—Alva, W. Phelps, president of the Oliver Corp., said today that the Amerifarmer is in a worse predica-

than ever before because of

strikes tying up 60 per cent of farm

To Keep Valuables Safe Rent a Safe Deposit Box at THE

* * INDIANA NATIONAL BANK of Indianapolis

(WRIGHT'S)

A GOOD RELIABLE PLACE

wr,

cn. |

| CREDIT! RITE'S

CLOTHING & JEWELRY

SHOPS 43 S. ILLINOIS ST.

4 Doors North of Marylan ATWAYS « SQUARE DEAT af ITE. | —————————————————————— |

a J JN oO A 8 BO

& obese ccot:

Diamonds, Watches, Cameras,

LOANS ON EVERYTHING!

CHI

Oldest Loan Brokers in l he the State

146 E. WASH

.jand Jan. 15, 1946, in factories ac-

{81,605 persons were employed in {the 115 firms studied. By January |

| Jerr Nat Life com..

N Ind Pub Serv 5% | Progress Laundry com..

will expand its frozen food

EMPLOYMENT UP IN QUARTER

City Shows 2311 Since November.

Employment in Indianapolis increased by 2311 during Nov. 15, 1945,

Gain

tually at work, the local U, 8S. employment service Office reported today. The report was compiled from reports by 80 major manufacturing firms, Thomas W. Bennett, manager of the office, said. Future Darker “Although employment in an additional 35 non-manufacturing firms decreased slightly in this same period, there was a total gain” Mr. Bennett stated. Shortage of steel was reflected in drastically reduced anticipated employment needs for the 80 firms, he said, in pointing out that future figures are expected to be less bright. Last November the companies had expected to need by March 15 approximately . 3900 additional employees, Mr, Bennett stated. However, by Jan 15. contributing firms had lowered anticipated future needs for March to 1350. 200 Net Decline

During the same three-month period, 35 non-manufacturing firms showed a net decrease of 800 workers. The trade and service establishments, employing 19,991, said

shortage of stocks in retail trade. The decrease of employment of women in non-manufacturing was offset to a large extent by an intrease of 600 wome:rl in manufac-|; turing. This resulted in a net decrease of only 200 women in all the! 115 firms covered. .As of thé middle of November

this total had increased to 83,139.

LOCAL ISSUES

Nominal quotations furnished by Indi- | anapolis securities dealers: STOCKS Agent Fin Corp com Agents Pin Corp pfd ... Amer States pid . J Amer States cl A

Bobbs-M Central Soya boi

b com 5 Wayne & ron RR pf..102% | Herth Jones Co cl A pfd . 1 | Home T&T Ft Wayne 7% pid 51 Hook Drug 20 Ind Assoc Tel C 2 pd ; 51% Ind & Mich ee 4%% pid .. i% — a

109% | 38%

31% | 113% |e

Pub Serv of Ind 5%

So Ind O & & 4.8% pid Biokely: Yan Camp pie A Stokely-Van Camp c . Terre Haute Malleabls . USM

Union Title. com

American Loan 4%s 55 American Loan 4s 60 Bubner Pertilizer 5s 54 . Ch of Com Jd Citizens Ind Te Columbia Club 1%s 6s Consol Fin 5s Ind Assoc Tel Co Indpls P & L Shi 70 Indpls Railways Co As % ‘awe Indpls Water Co 3%s 68

nd Pub Serv 3%s 13 Pub Serv of Ind 3%s 7 Pub Tel 4%s 55 AS 96%

Trae Term Corp Bs 67 H J Williamson Inc 5s 65.... 98 *Ex-dividend.

108" 108% 110 09%

Musical Instruments

JEWELRY CO, | INC.

CAG

INGTON ST "isan

BUSINESS DIRECTORY

BROKEN LENSES

BRING IN THE PIECES

DR. JOS. E. KERNEL

TRACTION TERMINAL BLDG.

BUSINESS EDUCATION

Strong Accounting, Bookkeepin Day and evening sessions. Lincoln 8337. Stenographic and retarial courses. Case, principal.

Central Business Colle ° Architects and Builders Bi Pennsylvania and Vermont Hm ed

1 ————— RE-WEAVING

of MOTH HOLES-—-BURNS or WORN SPOTS

LEON TAILORING CO.

235 Mass. Ave. 1}, iad or Yo —

DIAMOND LOANS

* WE BUY DIAMONDS «

O11 tL Inc.

7. Have Your Old Fur

Reasonable Prices Call MA-571%

BISHOP FUR CO.

2nd Floor, Kahn Bldg.

SHEETS Watch Shop

722 State Life Bldg.

WATCH & JEWELRY P REPAIRING

_10-DAY SERVICE

ls Re A

"This

Safely Tim wheels are siandard equipment on al moth of wheel, which grips.a blown out tire so that it will not come off the

Snes ip skeswige, is sali to uve punctured at 75 miles an hour.

brought cars to a safe stop

Grain Bins Sold For Vet Housing

Wooden grain bins are “going like hot. cakes” as temporary housing units for veterans, the state production and marketing administration here said today. The granaries have been used for storage of surplus crops during

PRIGES STEADY |. ON LIVESTOCK

4025 Hogs

and 1050 Cattle Received Here.

ni _ THE TNDIANAPOLIS TOES Is 1946 Chrysler

GRAINS RUINED “IN ARGENTINA

Locusts Destroy Food for

Europe’s Starving.

the last few years, according to A; F. Troyer, of thé marketing office. The local office is in charge of the sales for the Commodity Credit Corp. that owns the bins. Of the 449 on hand at the beginning of the year 211 have been sold, Mr. Troyer said. Ranging in size from eight by 12 feet to 14 to 24 feet, the structures sell at 10 cents per bushel capacity. . The county AAA committees have charge of sales.

CASHIER, AUDITOR

ELECTED BY BANK

IK Mahrdt

stitute of America and the Indianapolis Control.

¢' | quirements,

* under,

29¢c; graded eggs, A large, 32¢c; A medium, ‘| 28¢; no grade, 25¢c

C. H. Gauding J. Kurt Mahrdt was elected cash-

lier and Charles H. Gauding, au- "

{ditor of the Indiana National Bank the decline (all female) was mainly lat the board of directors’ meeting

due to seasonal decline and to yesterday. | Mr. Mahrdt, who has been with the bank since ditor, since 1939, is a past president 500-1000

of the Indianapolis Conference 2 600Ean Auditors and Controll

1928 and the au-

S$ & member of the Controllet Sin

Mr. Gauding, with the bank since

1925, is also a member of the In- In dianapolis Conference of Bank Au- on nner

ditors and Controllers,

and cashi as vice president. CPA CITES CLOTH LACK WASHINGTON, Feb. 7 (U. P.).— The civilian production administra-

Bid Asked | |tion said today it was urgently Common and medium 1

{necessary to continue its low- cost clothing program because of the |critical shortage of cloth. CPA said "manufacturers had available only 2,- |

1 [000,000,000 yards of cloth in the face | 5953300

{of an estimated need for 3,000 000,{000 yards to meet all clothing re-

LOCAL PRODUCE

PRICES FOR PLANT DELIVERY

Poultry: Hens, 4% Ibs 19¢; leghorns, 18¢; Ibs. and over, 22c; : ‘eghorns, 18¢; roosters, 16c: ducks, 5 Ibs, and over, %120¢; light, 15c: geese, 20c; capons 5 Ibs and over, 30¢c; under, 3c Eggs’ current receipts, 54 Ibs. to case,

and over 123¢;

U.S. STATEMENT

rent fiscal year through Feb. § compared with a year ago: This Year Last Year $44,123, 302, 4s $ 57,682, “208, 309 | 36,501,329,746 52,675,512,785 | Receipts .. 24,426, 373 241 24,5486,177,590 | Net Deficit . 33,136,526,219 19,249,385,173 233,803,818,853

| Expe enses War Spending

d Reserve 20,156,703,634

INDIANAPOLIS Ciarings Debits

CLEARING HOUSE

CROSSWOR

U. S. Army Leader

the «= Corps Area VERTICAL 1 Group of three 2 Demigod 3 Bone 4 Males 5 Again 6 Heavenly body

HORIZONTAL 1,7 Pictured

12 In attendance 13 Hindu queens 15 Veritilate 16 Closer 18 Short sleep 19 Midday 21 Written document 22 Conservative 23 Bachelor of Arts (ab.) 25 Thus 26 Dish 29 Thick soup 33 Cluster of sporangia on

7 Waste allowance 8 Auricle 9'Registered nurse (ab.) 10 Nevada city 11 Period of time

17 Measure 20 Unassumed

ofic

“Paul C. Buckler, a vice president’ Sect since 1942, will continue i

i poun 800- 10% pounds { 500-1000 pounds ..

Good and choice Common and medium

Lam! Choice and closely sorted ....

Medium and ood Common

Civil engineering construction awards for the past week declined 21 per cent from the previous week, but ran 169 per cent above the cor[responding 1945 period, WASHINGTON, Peb. 7 (U, P.).—Govern. | Ne€TiDE News-Record reported toment expenses and receipts for the cur- |day.

—Reports that Argentine meat exports would be cut sharply this year {were denied by packers today. Pack20,548,353,271 ers said this year’s exports probably will be larger than in 1045, {when they were 35 per cent below 17.008 000 | those of 1944.

22 Pho i] 41 Cotton fabric 24 Diminutive of 42 Disorder

26 Greek letter 28 Exist

12 Cooking vessel 32 Ever (contr) 55 Symbol for 14 Foreign agent 39 Policeman

An active and steady trade quickly cleared the 1050 cattle at the Indianapolis stockyards today, the U. 8. agriculture department said, The 4025 hogs and 375 calves remained steady at ceiling prices. Native lambs among the 3325 sheep sold strong to 25 cents higher, while Texas-fed lambs and slaughter ewes held to steady levels.

GOOD TO CHOICE HOGS (4025)

«+ .$13.50014.25 « [email protected] 14.85

ay M33 ee [email protected]

[email protected]

14.10 10

« 1010 12.750 14.00

120. pounds ve evs erao [email protected]

CATTLE (1050) Steers

ds ..

. 18, 2a11.0 15.

.e 17. .. 15.75@17. 41 . [email protected]

.. [email protected] [email protected]

[email protected]

[email protected] ++ [email protected]

«ss [email protected] «eo. [email protected]

. 12.50915.25 [email protected]

nngus 11. : . [email protected] 6.759 8.00

Bully’ CHIT wel git) . [email protected] [email protected] [email protected] [email protected]

Medium Cutter and common CALVES Good and choice 17.50@ 18. 2 al. 506@ 17.50 s [email protected] Feeders and Stocker Cattle nd Calves 4 Steers

Chelees - 800 poun [email protected] $00. 1060 pounds . [email protected]

dS ...evevees ve [email protected] [email protected]

[email protected]

| Mediu

SHEEP Ewes (Shorn)

[email protected] [email protected] 11,[email protected] [email protected]

Good and choice

CONTRACTS LESS NEW YORK, Feb. 7 (U, P)—

the Engi-

DENY MEAT EXPORT CUT BUENOS AIRES, Feb. 7 (U. P.).

D PUZZLE

IC IH) IN = 1 All IN] 1 DIEIA] E |

ol IR AZ PI RTICER LIOIG]

11 INIG | AL ud = Ria RIE] QIN

Elizabeth 43 Chaldean city 25 Bowling term 44 Fail to hit 45 Satiate 47 Broad smile 48 Wife of Odin 49 Hen product 51 High card 52 Varnish ingredient

27 Land parcel

30 Crimson 31 Letter of Greek alphabet

iridium 57 Universal language

(slang) 40 Nomad

for fuel. Now that world markets are reopening, this practice is expected to cease. Coal and petroleum are being shipped here in large quantities. By discontinuing the use of cereals for fuel, Argentina probably will be able to export more than it did last year or the year before. Unfortunately, it will be impossible to build back to the banper years of 1036 and 1030 ‘with exports of 324 and 175 million bushels respectively. The government has estimated that this year's wheat crop will be 36 per cent under last year's. It is estimated that 108,000,000 bushels out of a total crop of 149,000,000 bushels will be available for export if burning of cereals is stopped. Linseed Crop Poor Almost half of this amount will be taken by Brazil, however, while additional earmarked tons will bring the wheat already sold up to twothirds of the exports. Here in Santa Fe, locusts are going through the fields destroying everything in front of them. They sometimes darken the sky. From the train window, miles of them can’ be seen swarming across the coun-

tryside,

Argentine farmers have replanted

some of their corn erop and hope to regain losses experienced during the early part of the growing season. Estimates of final production will be impossible for another 30 days. Total acreage in corn, however, is some 1,500,000 -acres under the average of the past five years.

Corn prices are more than double what they were one year ago.

,| Copyright. 148. by The Indianapolis Times |

The Chicago Daily News, Inc.

. SAFETY ...

or misplaced money

roll"

Yankee Money,

Techn ques

Are Industrializing oxic

labor in mills and industrial plants. Encourage Investments To encourage investment, the federal government has granted five years of tax immunity to new business. Production machinery may be imported free of duty. The influx of American capital has been accelerated by low interest rates in the United States and much higher rates here, Too, Mexican capital is becoming bolder as the revolution levels off, yielding greater protection to private enterprise. Westinghouse is co-operating on electrical appliances. Electrification in Mexico is a first order of busi-

ness. Expect Big Market Great hydro-electric plants are being installed as a by-product of extensive irrigation projects. The higher standard of living sure to come from efficient industry is ex-

for electrical goods,

extremely low output per worker.

pected to create a broad market

Industry has suffered from an.

, The American company is supply-

ing technical assistance and patents. Mexicans are putting up most of the capital. This is the pattern the country hopes to follow in its industrial expansion. Its policy is to resist exploitation, to encourage Mexican as well as foreign investment but with Whe latter in a Junior | position, To improve -Mexico’s agricultural production, the International Harvester Co. plans to build a $1,600,000 factory at Saltillo, Mexico has been importing its chewing gum from the United States though it has extensive chicle resources in Yucatan. It plans to

Listen ts “BUSINESS HIGHLIGHTS”

by Merrill Lynch, Pierce, Fenner & Beans

Every night Monday through Friday

WFBM—10:45 P.M.

or keep it hidden at home. checking account and KEEP them SAFE!

at home or at the place of purchase.

in line—no miscounting change—no

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No, standing "flashing a

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After opening your account you may do all your depositing by mail (or by one call at the bank each * pay day). It's convenient and safe—your check in the’ mail marked for deposit only is safe—it can not be used for any other purpose.

PROOF OF BILLS PAID...

A canceled check is a legal receipt of a bill paid, There's no argument—no paying the same bill twices Your check is permanent PROOF of payment; ine cluding date, item paid.and to whom paid.

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Your check stubs and canceled checks give you an

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