Indianapolis Times, Indianapolis, Marion County, 6 March 1946 — Page 21
6, 1946 alph Lane
IMETHING. '\ > WITH YOU.
. T. Hamlin
NO, SON, OF COURSE NOT == MORE'S TH PITY!
merce luncheon tomorrow in the
rpg re
BUSINESS—
LUNCHEON SET FOR TOURISTS
Chamber Group Will Report Tomorrow.
Reports on trade opportunities ~and raw. materials available to In-|
ican republics will be presented at an Indianapolis Chamber of Com-
Claypool hotel. Approximately 250 Inthanapolis business men and women are expected to attend the luncheon sponsored by the Chamber's foreign trade committee, said Clyde E. Whitehill, Chamber president. Has Two Purposes 8 The affair will be for the. dual purpose of welcoming home the 15 men and women who on Friday completed a 16,000-mile tour of 11 Latin American countries, and to hear the reports on possibilities of two-way trade between this city and those countries, Men and women who made. the trip under sponsorship: of the local Chamber will be seated at the speakers’ table with Governor Gates, Lieut. Gov. James, Mayor Tyndall and Chamber officials. Mr, Whitehill said. Of special interest. to business women will be the reports of Mrs. Jeannette McPheeters and Mrs, Lilllam Kreps, stated Mr. Whitehill. Others Planned. Mrs. McPheeters, vice-president of Knokall Corp., treasurer of Griffey Industries and owner of the MidWest Soap Co., all local firms, made “the tour to find new outlets for her products and to locate sources of raw materials, fats, oils and special waxes, Mrs. Kreps, manager of the Indiandpolis Chamber of foreign trade committee and Indianapolis
dianapolis business in Latin Amer-|
WEDNESDAY, MARCH Gao. ~ New Monon Trains will Look Like This
officials said.
senger and freight yy; on the Monon.
v
Tw
wp
This streamlined passenger, train powered by a dlesel electric engine Is similar to the three ordered by the Monon Railroad. The federal court has authorized ithe spending of $5! million for new pasAbout $2% million will be spent on the new trains,
SPRING FARM WORK BEGUN
Plowing Started in South; Grains Greening.
Hoosier farmers did considerable work last week in preparation for spring, the Indianapolis weather bureau said today in its weekly crop bulletin, Although precipitation was light and there was no snow fall the ground was so soft as to interfere with outdoor work to some extent, the report stated. A little plowing was done in the southern counties and there was considerable seeding of clovers and grasses and preparation for oat
Wheat, rye and barley are greening and beginning to grow, the bureau reported. They are in good
and in fair to good condition in the north,
representative of the U. S. commerce department, will outline fu-|
jobs here.
foreign trade committee in charge) of the luncheon and Preston Woolf |
The affair will be the first of several proposed meetings planned by various groups to hear the tourists’; reports, Mr. Whitehill said.
U. 8S. HAS LESS EMPLOYEES
WASHINGTON, March 6 (U. P). —Federal employees dropped to 2,946947 in January as compared with 3,155,192 in December, 1945.
U. S. STATEMENT
WASHINGTON, March 6 (0. P.).—Goyerpment expenses and a “for the current fiscal year through March 4 compared with a Yea} oqo; Spit 7 is Year st Year Expenses $47,285,311, 436.455.029.306, 688 War spending 38,962,860,256 59,511,555,510 . 27,613,212,338 27,984,150,577
27,
Net defieit *. 19'672,094.608 37.045.155.6T1 Cash balance. 24, 936,090,037 16,713,664,386 Public. debt 279,800,880,711 234.936.241.834
Gold reserve . 20,232,668,012 20,484,501,483
INDIANAPOLIS CLEARING HOUSE. Clearings Debits
15,718,000
ture activities of the foreign trade] group in developing world trade for| Indianapolis to create additional
Bernard Bogy is chairman of the|
is a vice chairman. |
Winter-grains, clovers and alfalfa {have suffered to some extent from heaving, but no extensive winter killing has been reported. The making of maple syrup is | continuing, the report said.
NEW FIRMS AND PARTNERSHIPS
North Pole, 5610 N. Illinois st. Operating barbecue and outdoor restaurant. Fred . Morley, 917 E. 40th; Meredith K. Stewart, Brownstown, Ind Drive In Equipment Co., st. Drive in equipment.
911 E. Fred W.
40th Mor-
ley, 917 E. 40th; Meredith K. Stewart, Brownstown. In ABC Refrigerator Sales Co. 813 Mt. |
Wayne ave. Retail refrigeration. Wm. H. Lynch, 235 E. Vermont; Fred C. Partlen, 413 Dorman st. Galitzianer’s, ond N, Delawaze st. Social club. Larry Etti 3680 N. Delaware st. Carson & Wel amp, 2178 Bluff rd. Service station. Millard J. Carson, 2104 8S. Delaware st.; PF. Wellenkamp, R. R. 6, Box 115-B. Indianapolis Janitor Supply Co., 3921 E. 10th st. Sale of janitors’ supplies, retail. Simon ex, 6001 W. Morris st F. Linwood Openshaw, ington, Barton Tool and Die Cq, 213 E South ¢t., 308, Tool manufacturing. Wayne R. Edmundson and Beryl PF. Edmundson, 1139 N. Oaklapd. I and I Garage, 519 N. Tecumseh St Garage. Walter H. Imel Jr., 749 E. drive, Woodruff pl. Stackhouse Building Specialties Co.
4001 E. Wash-
ewes were steady.
Butchers 140 pounds ... 160 pounds, ... 160- 300
160- 0 pounds
Good to Choice 270- 300 pounds 330- 400 pounds Good— 400- 450 pounds
Medium to Good— $0- 120 pounds .
CATTLE
Steers
Choice—
to excellent condition in the south |%9%¢
3100-1300 pounds ... 1306-1500 pounds “t Medium— 700-1100 pounds 1100-1300 pounds
serene
Heifers Choice— 600- 800 pounds 800-1000 pounds Good— 600- 800 pounds “e, 800-1000 pounds
Cy Newnen
canes
| Lemcke bldg. Sale of building materials. | Donald A. Stackhouse, 4035 N. Capitol. United Engineering Co., 1934-36-38-40
--8 5,162,000 | pradison ave. Tool, engineering, etc. Ora!
A. Kern, Mooresville,
HEHEHE HEHEHE SH REE HET
Circle Tower
1 HR
Telephone:
WLM
0. J. Hop
Li
Offices in 88 cities—
interconnecting all offices. ties research information available at all times.
MERRILL LYNCH, PIERCE, FENNER & BEANE | ©
Underwriters and Distributors of Investment Securities Brokers in Securities and Commodities
-
Indianapolis 4 :
Gidegt 4 Lesn y iv rgiats.
The
alii
BUSINESS DIRECTORY
WASTE
PAPER
AMERICAN PAPER STOCK COMPANY
RI-6341. 320 W. Mich.
WE Buy Diamonds
HIGHEST CASB PRICES | PAID
STANLEY Jewelry Co.
113 W Wash. Lincoln Hote! Bidg
Good and choice Common and medium ..
| Lambs
j Ghatce and closely sorted
‘| hold ‘and he
lowest level,
o> -~
of MOTH HOLES-—BURNS or WORN SPOTS
LEON TAILORING CO. 235 Mass. Ave, =, ‘he Middle of
the First Block
OK
SEYMOUR
Your 42
You Save Because We Save Men's Suits & Overcoats
$ | Sd 2 { a5 24 75
CASE CLOTHES 215 N. Senate Ave. Open 9 to 9
FUR COATS
I IRIAN (ALI aL)
in the State
INCIANA FUR CO.
112 East WASHINGTON St,
MEMBER FEDERAL DEPOSIT INSURANCE CORP
[DiaonD LOANS |
Slaughter ‘Pigs
(1128)
Common and medium ..
GOOD TO CHOICE HOGS (4275)
Packing Sows
. 11.26013.50 | . 16,75 17.00
wees [email protected] | . 1701738)
13.50 14.25 14.88
14.25 14.88 14.85 [email protected] [email protected]
|
17.75 18.0. [email protected] [email protected]
Common — 700-1100 pounds ............
+ [email protected] + [email protected]
5)
Medium — 500- 900 pounds -....... Common— ~ 900 pounds ...,... Cows (all weights) O08 «=i. iin, Medium Eo Cutter and ‘common ve Canner ... : Bulls. an weights) | Beef— Good (all weight) ... Sausage Good Medium Cutter and common CALVES (4 Good and choice
©. [email protected] |
Ewes (Shorn)
13.25@15. s0 [email protected]
[email protected] 16 Bal. 3 16 25@17
15.00 16.28 [email protected]
[email protected] [email protected] |
[email protected] [email protected]
| per cent. since VJ day. the report said, present indications]
{
Cattle Prices Gain Up to 50c In Yards Trade Here Today
The 1125 cattle at the Indianapolis stockyards today consolidated earlier gains of 25 to 50 cents, the U. 8. agriculture department said. The 4275 hogs and 475 calves were reported firm at ceiling prices. The fat lambs among the 1450 sheep sold active to kin and the
UTILITY EARNINGS INGREASE IN 1945
The Public Service Co. of Indiana, Inc., today reported a net income of $3,205,821 for last year. Per share earnings were $2163 on perferred stock and $2.23 on com-
mon stock, the annual report revealed. ° These figures compared with $19.40 and $1.03 in 1944. The report also indicated that the income statement reflects a reduction of $602,000 in federal excess profits taxes resulting from the deduction for tax purposes of accelerated depreciation on certain war emergency facilities. The firm reported that electric {revenues have declined 3 per cent and kilowatt hour sales about 19 However,
are that industries served will re5|tain a substantial part of the gains established during the war. For the full ‘year 1945 revenues were up 2.31 per cent and kilowatt hour sales were down 2.12°per cent. The completion of another 50,000 kilowatt generating unit in December ended the $25000,000 ex-
pansion program begun in 1939, the
report stated. The financial and operating po-
sition of the company improved last! year through sale of all gas, water and ice properties and through the refinancing of first mortgage bonds land short term notes, said the firm. The gas and water properties and
‘THE INDIANAPOLIS TIMES
STUDY Tin OF DIRIGIBLE
Committee Considers That U. S. Has All Helium Gas.
By JOSEPH E. KUEBLER Times Special Writer AKRON, 0, March 6—A goyernment committee is studying whether the dirigible, The Majestic, onetime queen ‘of -the skies, has a place in commercial air transportation, Results of this study may go & long way toward detérmining if America is to proceed with an airship program or whether further development in this field of aeronautics must wait for another day. Closed hearings have been conducted by the government's air coordinating committee. for several months. Its recommendations on the future of the airship are expected in the spring. The committee has been told that in long-distance travel over water the dirigible can be operated at one-half to one-third the cost: per ton mile of a plane, Helium Gas Asset Advocates say the airship can carry passengers and cargo with greater comfort, comparable safety, with greater regularity of schedule and without nearly the disparity in elapsed time that the air speeds of the two craft would indicate. The case for the dirigible has been based largely on the contention that it should be used as a third mode of travel over large bodies of water as a supplement to planes and ships. It was pointed out that other nations can compete with the United States in plane and ship transportation but that only this country has the safe, non~inflammable helium gas needed in dirigibles, Three major airship tragedies in less than five years chilled public enthusiasm for dirigibles and halted plans of business and govemment to build more. 75 Miles an Hour
went down in the Pacific. Then in 1937 Germany's Hinden-
landing at Lakehurst, N. J,
| Graf Zeppelin,
amples of what can be done,
envisioned as
Cuils ... . [email protected] | Feeders and Stocker Cattle and Calves . Steers “+ | Choice— - 800 pounds ..........s4 B$O@14. 800-1060 pounds ...........s 1.000150 Good— 500- 800 pounds ............ 12. Soa 13. 50 800-1050 pounds ............ 12.00@13 Medium— 500-1000 pounds ... SHEEP (1450)
7.00@ 8.00 6.00@ 7
. 15.5 14. 0a 25
[email protected] [email protected]
BOX-LIKE DEVICE EXPELS SHAVE CREAM
WASHINGTON—A box-like de- | vise, somewhat bellows- shaped,
NEW YORK, March 6 (U. P.).— | Petroleum production, which | mally should now be at the vear’s has mounted to more
nor-
to] lp expel{ the contents | Bobbs-Merrill com
one ice property were sold to In-
diana Gas & Water Co., Inc.;, a sub-|
{sidiary, and the remaining | properties were disposed of to nons0| affliated interests.
The company also states that it [email protected] has re-employed 90 per cent of its
{returning veterans,
75 miles an hour. Goodyear Tire & Rubber Co. esti
LOCAL ISSUES
{
six-month intervals.
Nominal quotations furnished by Indi-j}
auapolis securities. dealers:
nd The Chicago Daily News, nec.
STOCKS Bid. Asked + Agent Fin: Corp com ....... Tha S | C P Agents Fin Corp pid ......... 19 20 ee om any Amer States pid ..... . 25 Amer States cl A. ..... N M Amer States cl B 3 ames anager L 8 Ayres 4%% pid... 914 31% Ayrshire Col com rae Belt R Stk Yds com ... 8 0 H. M. Knobloch 1s manager of Belt R Stk Yds pfd 60 ....| the newly established district
Bobbs-Merrill 4%% pfd .
United Tel Co 5% . ...... Union Title com ‘ Bonds American Loan 4'as 55 American Loan 4'%s 60 ......
sales office of the Jones & Laugh-
Market 6591 “lof a shaving-cream or other col-| Sentrfl Boys com «+=: u He CD : i lapsible tube, has- two triangular |ComWIR Loan 8% pid located in the ER, MANAGER and two rectangular sides. One of | | Delta Siecle com sarhsirans 5% 1% Circle Tower, ; | the latter is moveable and hinged | Wayne & Jeckson RR ‘pid 102% 106%2| Mr, Knobloch . ; Heriff-J as 40.000 miles of leased wires to the other at one end. When | | Hers Oe Carus 1% pid 51 | has been assistOutstanding securi- | pressed it forces out the contenis|hook Drug Co com See BT ant district sales as needed. } 15d Asoe Td De ta’ 1a ****| manager for the pr— | indpls P & L pfd 113'z 116% firm's Cincin"ULTRAVIOLET RAYS |baert Loom in | nat office, {Indpls Water Class A com... 20% 32 W. L. O'ConTT wi | TAKE ouT SCORCHES py he Seen res iw » nell, formerly Mo rm ———, | WASHINGTON—A scorch from a Kingan & Co com ............ 8% 9% resident manaRAY 95% 100% .M. , | flatiron can be removed from shirts Ring nth rn | ger of sales in H.M. Knobloch amonds, Watches, Cameras, S|and dresses in only 10 minutes with | Lincoln Nat Lite com reves 3s oa Ihdianapolis, has been named . ¥ Sia special lamp that radiates long- | Marmon-Herrington com ".... 13% 14% | resident manager of sales in Musical Instruments =| wave ultraviolet rays instead of Mastic Asphalt Fits 11a 12%] South Bend. ‘ 2 Mes COM. ...... essss , using sunlight, which requires NInd Dor Bery 5% ooooenrrs 199% 112% | emi JEWELRY many hours of exposure Exvaress Layniey om... 000 a (OPA REVISES "CORN, » INC, The scorched area of the Shirt pub Serv of, ina com + 24 GRAIN REGULATIONS ss G ry: . um146 £E. WASHINGTON ST. mri. is dampened slightly before the [07 CRY Xe $8% pid o.oo. 111% 114 ultraviolet rays are applied. Stolgy-Van Samp pid cnees 2 n, WASHINGTON, March 6 (U, P.), '8 po Amp COM ...... a poe See ow Rk a 8a 91 | —The office of price administration oI PRODUCTION UP U 8 Machine som ..... 4% | has revised its regulations on corn
"| and processed grains as part of thi
. First the navy ship Akron was lost in the Atlantic in 1933. Two years later the Macon, a sister ship,
burg went up in flames as it was
However, dirigible advocates point to the Hindenburg and the | its predecessor, | which made 634 trips, 181 across the | ocean, flew well over a million miles and carried 20,000 passengers as ex-
The dirigibles of the future are 10,000,000-cubic-foot ships, half again as large as the Hindenburg, 950 feet long and with an operating range of 6000 miles. ce | THEY could carry a 90-ton pay ona | that rection chief, took a step In over the 2500 miles from California to Honolulu at a cruising speed of | | outlined | aimed at breaking up the Ee - {boxcar shortage within 80 days and speeding grain shipments overseas. | said | that farmers and live stock growers | were willing to give up their own | | Copyright, 1946, by The Indianapolis Times bread to feed others, but that lack | of feed for their live stock would |
mates it would take two years to turn out the first of these air giants. Successive ships would be ready at!
administration's grain conservation | «ess | program. **| “OPA reduced the maximum prices
‘Modernize Store, Druggists are Told
Merchandising methods of ‘most drug - stores need streamlining,
|Stuart V. Smith told the Indian-|
apolis Retail Druggists’ association
for Wyeth, Inc, Philadelphia, stated that the drug store is not the only place health pro ducts can be obtained. “And unless the drug store streams Hines its merchandise to meet new
Stuart Smith
ized,” he continued.
will, Mr. Smith declared.
EXPECTS SHORT
Than Half Needed.
—Chairman Stephen Pace (D. Ga.)
until after this year's harvest.
government agencies, Plan Broad Program
faced with starvation,”
{ near-substitutes being the
spread starvation and deatii.’
certain administrative which would maintain
venting starvation abroad.” Speeds Shipments
a nine-point
Othér committee members
ruin them,
Pace said there had been “bitter from dairy, poultry ahd live stock producers in areas] He! raid the shortages were blamed on | black | | markets, and lack of transporta-|
complaints” | Where feed supplies are scarce, | “impractical price ceilings,
1 tign™ among others.
‘The florists’ problems ' in holding’
competition, it" will find its position as the traditional health center of: the community seriously jeopard-
Smart, streamlined merchandising and clean modern well-lighted stores are important to hold good-
WHEAT SUPPLY
Food Group Head Sees Less,
WASHINGTON, March 6 (U.P),
of the house food investigating committee warned yesterday that world wheat supplies will be little more than half of the world's needs
Pace made his statement as his committee began an investigation of the wheat situation to find out how to maintain nutritional levels in this country and at the same time prevent mass starvation n BThe committe celled on Secretary of Agriculture Clinton P. Anderson to describe the world-wide grain situation and the steps this government has taken to meet that problem. He will be followed by representatives of industry and other
“Millions of persons in war-torn | countries throughout the world are Pace said, “with bread from wheat and its most practical means of avertine wide-
He said the committee hoped to work out an over-all program, including voluntary co-operation and directives, “domestic nutritive needs and assist in pre-|
FLORISTS: MEET AT PURDUE UNIVERSITY
Times Special LAFAYETTE, Ind, March Bem
customers acquired during the war were discussed by G. P. Poesch,
Hughes, mifHonaire ; who flew half a dozen movie here {rom New. York 3 4 5: W Constellation plane.
New York City, at the opening yesterday of the two-day session of
INCORPORATIONS
the Indiana Florists conference. He advocated continued advertising; {- research to preserve cut flowers and the seeking of new outlets, vWF bahey, U.-8+ Airlines. Inc. Chicago, predicted increased mar- : kets and greater variety through air express during the afternoon session of the meeting Sponsored by. the Indiana State Florists’ association and Purdue university's horticultural department.
RUSS PLAN MANEUVERS CHUNGKING, March 6 (U.P) — A Central News agency dispatch
the Russians had ‘notified Chinese authorities in Manchuria that the Red army would hold maneuvers soon in many Manchurian cities, in-| cluding Changchun, Harbin, Muk-| den and Dairen, The date for start of the maneuvers was not a} closed.
Jo tion;
L & land st. Levan, value; a and
H. Mer Meridian yA W. Lyo! Lemcke bldg. Jodie 250 pik in ine value; oun W rlene m Romert from Changchun said Tuesday that Chul nh
Blythe, Ine.
ho Re admitted to general-contracing b au North Am Merchants SV buliding.
eSB, erican n Lines. Ine.,
poration; admit! uthgeure metals and m
HR oy JE hn Distributor 6. is; Bern |
Ingiananoll 1008 hares no res
products, oceries,
Indianapolis; ag
on Life Inswrance’ Policies «LOW cosT i%
F557
Col. J. Monroe Johnson, defense
that direction yesterday when he program |
come. side.
e
. Buhner Pertilizer 5s 54 vv 8 es than 4,700,000 barrels -daily after a Cn of Com-Bldg 4las 61 ..... 92 -| for all processed grains to discourdecline in November to 4,450,000 Citisens ind el tas 81 -... 153 "**|age country elevators from grind- | barrels from the wartime peak of consol Fin 5s 56 99 .|ipg corn because they now will be 4.944.000; according to Business ndpis FEL INET, 4; le gable to get more for whole corn.| I Week, the magazine of current busi- | (nd Assoc Tel. Co 3s 75 ......104 TGround corn had a wider market, ' | ness news. Indpls Water Co TVs 68 .:...106% 108 OPA said y : { Kuju = ing Co 45 54 ....100 . . | Di t Relief [ po— IR Ind 1 4 Pu b gery, 3s 11 cons 108% J034 The agency also restricted the] Isaster | » 8 u rv of In hes | ENJOY EXTRA [Pub Tel tas £5 Tone Hees wr tal sales of Sor to JuanULE of | In the United States Samm —— Frac Term Corp 5s vi pounds or less. is change | d CONVENIENCE: | 3, Wiliamaon Ine 8s 88 .... 8 lis intended to prevent wholesalers Jak yout, we Red ‘Bank by Mail at from selling small lots in order to FOB EaVe fue | TRUCK WHEAT get the higher retail prices. 260 disasters. Our AMERICAN OPA "also reduced mark-ups for | local chapter has a Indianapolis flour mills and grain ele | Sales of corn by country shippers in disaster committee NATIONAL BANK airs are paying $113 per, bushel lof less than carload lots. The rela- set, up and ready to ea . i AT INDIARAPOLIS v | merits) “oats, IE No. 3 ed tively high mark-up on truck lots at a | merits 4 ‘bs. ‘r better corn, No have encouraged 'h shi ALE - Member Federal ell helled, $1.11 bushel and No. 2[ D8 ag such shipments Sepest immense Corporation| | [white shelled sorn, 9 and have the effect of evading I ion ia,P Divide 2 ——— price ceilings and diverting grain food, clothing, and
PEARS RSON Ss
128 N. Penn. LI1-5513
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FOR PLANT DELIVERY
under, 19¢; Leghofns, 18¢; and over, 22c; under,
springs, 4% Ib
over, 30c: under, 2c, Eggs: Current receipts, 64 Ibs.
30¢; no grade,
28¢. Butterfat: At ceiling,
PRICES i Poultry: Hens, 4% Ibs, and over, 2c:
vour Red Cross
20c; Leghorns, '18c; roosters, 16¢; ducks, 5 lbs. and over, 20c: light, 15c; geese, 20c; capons, § lbs. and 2
to case, 30c; graded eggs, A large, 33c; A medium,
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Autos. © Diamonds e Watches Jewelry o Clothing Radios, ete.
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Open te 7 P. M—Sat. to § P. M.
ILLINOIS and OHIO in |
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First Aid.
Our chapter in co-operatiort with Individuals and organizations maint&ins mobile -ifirst aid units and highway first aid stations manned by trained first aiders, who help care for the victims of trafic accidents until the doctor arrives.
You'll Be Okay, Soldier
Those reassuring words mean a lot when he’s lying in a hospital cot, lonely and worried. Many of our wounded will be in hospitals for months and even years to Your gift keeps the Red Cross at his i, s
bx vx ww x xX
, communication sys- Af #
Home Service.
Bur Red Cross chap- * ter has Home Serve ice workers dvailable Jor duty day . or ‘hight « + «+ trained, - practical people, equipped to act in emergencies. The Red Cross two-way 4
tem reaches around the world, so that in a8 sense the serviceman is no further from his’ loved ones than our Red ' Cross chapter.
. w
A
> \ 0S B\ CX
oo