Indianapolis Times, Indianapolis, Marion County, 9 May 1946 — Page 33

Yn Wy A i LL gia i y TT

=: rr . : ~r : Hs 0 Te rg ie 0 a . : r a. » ME } Bw a “ o : Shs re) a s . i Y 3 : : i

__ PAGE 38

THURSDAY, MAY 09,1046 o ____ THE INDIANAPOLIS TIMES . a a

SEEK ANTITRUST | bedeiions odes Revi fr Home Sox Hor [ONL DEATERS Local Hog Merket Is inm:

PLAN MEETING Steer Prices in Weak Trend

(CIN 3

B= (| LEVER ON LABOR

The market was firm for the 7650 hogs received today at the Indi anapolis stockyards. Calves also remained firm, while slaughter ewes L Public Relations, Service to were 25 to 50 cents higher on very small receipts. | HY The steer and heifer market was less active today. Prices were steady Be Stressed. | with a weak trend. } | Receipts: Cattle 800, calves 475 and sheep 75. More than 500 coal merchants are | ember

| ~ mg . - expected to attend the 16th annual| GOOD TO CHOICE HOGS . (i450) i { Butchers

. - Business United in Determination to Check Boycotts on P Materials, Writer Finds. = By KENNETH F. McCORMICK =

Ca

Feeders and Stocker Cattle snd Calves

|convention of the Indiana Coal | 120. 140 pounds ......c... [email protected] Steers Time { . 140- 160 pounds .... ver [email protected]| Chotce-. : 8 Special Writer {Merchants association scheduled for | 1g. 300 pounds .... 1488 | 200- 00 pounds ........4 ove [email protected] WASHINGTON, May 9.—Labor leaders are firmly opposed to any | |May 16-17 at Hotel Severin. 300- 330, pounds ... we 14.85 | aL1080 pounds + [email protected] | , y Oppo y 130- 360 pounds [email protected] | ‘8 new federal legislation which would regulate unions, Its champions are | In announcing the meeting, J. 8. jog | 300-1080 uy Lireraess Yee i confident that the current wave of industrial strife will right itself with| | Weber, association secretary here, | 180-220 pounds TING | Medium pun ; * the expansion of production. | {sald stress will be placed on merch-| Packing. .Sows Ora ous, id a Bal 40 | On the other hand, business is equally united in a campaign to! jandising, public relations and serv- 930 on ice iN SHEEP (15) apply shackles in the form of the anti-trust law. {1ce. : 130. 400 pounds ....eecniines K.10 Ewes (Shorn) i ol Biba ttt mhi—————b , i ye a . _ | Good— Good and choi Aha Kernan aie ona Management, points to the con- i Convention arrangements are be- 90097. I 14.10 | Coa EN dirnifa ra iuxe 10a mn duct of the International Brother-| { Ing made by J. A. Hoadley, Sey- Medium— Lambs hood of Electrical Workers « SPENDIN ! mour, general chairman. Other | 30 550 Povnie a” mar! 12.19@U00 | oy i0n and closely sobiad +... 18 00 3 wl * Y " America (A. F. of L) New York! 1s chairmen are F, C. Champe, In- Medium to Goode ’ ing chaice Aya 15.aa@ 1800 local No. 3, to support ‘its demand. ” dianapolis, publicity; William M | 90- 120 pounds NBG) common... assis C0 1 [email protected] Records of the senate labor and Coady, Kokomo, credentials, and! CATTLE (800) | ——— ern tn education committee disclose that : Harold D. Johnson, Hammond 3 Steers MRS. ‘ROOSEVELT local No. 3 conspired with several } speakers, : C00 900 PUREE + .vueiveei 8 [email protected] ‘FILLS IN’ FOR u N New York City manufacturers to tri The 1946 model hofise shown above is expected to attract more than a 100,000 persons to the Manufac- The program will Jinclude talks 900-1100 pounds ... hs a.s0a11 il . . | create a monopoly on electrical Fi Sh 120 Bill turers building in the state fairground where the 21st annual Indianapolis Home Show will be open 10 by a number of prominent Middle j100-1300 puunds ter 10g NEW YORK, May 9 (U. P).— al equipment for new buildings. ijgures ow Billions days beginning tomorrow at 6:30 p. m. Formal opening of the “House o’ Ideas” is scheduled for 7:30 | West businessmen and will ad jour Good ast Mrs. Eleanor Roosevelt came to the a fi] Outsiders Blocked Being Spent Annually { P. m. with Mrs. Marion Esterline and Mrs. Mary Ellery Graves participating in the ceremony. [with an open forum and election 300- Joo Pounds rrsariein 3.50018 5 gc eaeay hen o French 5 . { . . ee - . a . i — hu ~===1of officers 1100-1300 pounds aaa [email protected] | interpreter, bewildered a long i The union had closed-shop agree- | { 1100-1500 pounds 15 [email protected] | sh & aR : rea ’ y Association incumbents are E 1 ; sressanssen id | speech she was expected to trans- ; By DICK BERRY LOCAL ISSUES Shad Goi uU Medium , ; iH Sena ah manuiashie fe ? y | ades oiling Pp Flirting Elkhart, president; Alva | 700-1100 pounds ............. 1325@150! late, walked out on United NaLH ca] uipment and the con-| Americans, out on a spending | Notas! wwotations {erauove rey od] - V. Stout, Fishers, board chairman: 100.1308 pounds .... eve [email protected] tions commission on human rights. 1H According to ae records. the “*MPAIgn unprecedented in history, anapolis securities dealers: } —By OPA Order Frank 8. Pittman, Indianapolis, 700-1100 pounds «oo 1100@1380 Mrs. Roosevelt proceeded with the | i 8 IV by Tet ® during the first quarter of 1946 were STOCKS Bid. Asked : treasurer; Harold D. Johnson, Ham- | cy oes Rafer lranslation for about 15 minutes, i wm > Sa : fay y Fa shelling out their dollars f ds ft? fis Sor oom - 0 WASHINGTON, May 9 (U. P.).!/mond, northern vice president; John | 600- 800 pounds ............ 10 [email protected] Until another interpreter appeared. EY 0 r f L 's for goods A F 0 \iinyaee, 20 | , | Ts : 800-1000 pPOUNAs ....evev.ns. [email protected] i 3 = ro work Bn aha services at the 1 f : | Aer Drarel aig 13, 25 | —The OPA has increased the price P. Vendel, Terre Haute, southern SH-1008 Pounde 1.981790 She admitted later her French 1 : ces a e rate of. 120 bil-| Amer States Cl A ...... rr esr} . Semmme of window shades 2 to 12 cents |'iC® President; J. R. Kiefer, Elwood, | 600- 800 pounds ........o... [email protected]| WAS A Ititle rusty, explaining she A provers ia Whom the union had |jjon annually. i [ET Stes SD ri ra, : Boost in Price Ceilings May Shades ~ [recording secretary, and L. P. Wal- | 800-1000 pounds .....eessiss [email protected] first learned it at the age of thuee. 41 contracts. | : . > Ayrshire Col com «...... 3215. 38 per unit for consumers as result of 1 yA Medium — 1 » Manufacturers outside New York | The figures were divulged recently Delt RUBLE Yay com ere 3 © ; ; ih : : | ters, Indianapolis, assistant secre- | so. M0 POBDAR }s.iiesais: 13.00@ 18.25 u S S T by the’ U.S. depariment of conts| oor Wk Yds com 3 y Cut Livestock Feeding an industry-wide increase to manu- | tary, F Gonaane . S. STATEMENT were blocked, testimony showed, | =~. co Bobbs-Mesril 412% pid .,u... 3 eons . facturers. {The convention banquet “will be 500- 900 pounds ....... [email protected] | y obbs-Merrill] com saenpes 13 | Bid . { and prices increased tremendously. Economists say the rate is likely | Central Soya com ....... Nv Th] we GT fay 9 (U, P.).—| Manufacturers received increases held on May 16 and a special pio- Cows (all weights) WASHINGTON, May ® (U. P.)—Gove ] y WASHIN ON, May 9 (U, P.). " Among the losers was Westing- to increase to $140 billion for the S'Fcle Theater com . ........ 69 t : lie ranging from 15 to 20 per cent.- The gram is being arranged for wives Good 1 : es aati Et A Demats_ and Jeeeipts Lor the , hy 3 r a Did oii 032 5 al su S ere 0 - . ! edin . [email protected] | current seal year rou y ome house, which bid low on a con- year 1946. comulith Lean pi 3 Pid. verses i0l 105%: Smaller meat supplies were pre action is designed to spur produc- of association members. Bo ud Soman. RSI IS] ake Diehl year to € ay com tract 10 1nsiall panelboard and Expenditures for goods and sery- Delta Electric com ........... 18 194 dicted today in the wake Of govern- ition of shades for the veterans er —— Sanner : Me 5 : $ 16.411 44 938.3070 = : S " = |Electronic Lab com #1 8 , : EC { . | Bulls (all weights) Expense 56,676,411, 446 $83 625,307,080 switchboards of a PWA housing ices mount steadily. Experts figure Pt. Wayne & Jackson RR pid 10315 1071, Ment orders permitting sharp rises posing program. TRUCK WHEAT oe ula eig | War spend. 44.138.286.288 15.801, 106.966 project. .Westinghouse was turned |, -. by the end of the year con-|Herfl-Jones Co cl A pfd...... 1: .... in grain prices. Cloth, paper, and fibre shades are | { Good (all weights) ....... 13 50@ 14.00 Rucuipus it 3 341,203 443 38,148.814.373 down because the equipment did] : . {Hook Drug Co com . ........ 2 ....| Price ceilings on major grains luded ti der | Bausage~ vet defict 20,329,203,003 45,476,492,218 |sumers will have to abandon the Ind Asso Tel Co 3 pid pe ! J |ne uae in 1€e order. | ‘Indianapolis flour mills and grain ele- Good ‘ ceraneseas, 1250813801 Cash bal 19,322,281,908 10,524,522 263 not bear the I. B. E. W. label, al- | av-as-vou go plan and: {Ind & Miclr Eiec 43% ptd 113 | Were lifted to encourage farmers to | soreness eee {vators are paying 81.73 per bushel for Medium foorediao [email protected] | Public debt 272.874 443.773 236,557, 796.531 8 - : ) ec 7 readl i . o { R. 3 = 10] serve 2092 " ” though it was union made. ONE: Puch [Indpls P& L com ......... 313 [sell cereals and help relieve famine| INCORPORATIONS gq NO. 1 red wheat (other grades on their| Cutter and i P0G11.00| Gold reserve 20.240.033.301 20,352,034.034 i » . 8 i | 5 : L ua . 1 ” ‘McMahon ros . " aymon n its); t n | - CALVES 5 rT ng Crosby As a result the cost of installation urchase on a credit plan, bls Lt. i "ili, abroad. The expensive price tags Building contractors. Prancis B. McMa- testing 34 os or Raa Mg Bont cud tleatep eh om INDIANAPOLIS CLEARING HOUSE Lamour at the housing project soared to on Indpls Water Class A com ... 21 2215 0n grain will tend to curtail Toed- [hon i Timothy L. McMahon, 1340 E. | yellow shelled, $1.11 per bushel and No. 3| Common amd medium i 1LOOARIOS0 | CIeRrings ......o.viiivirissnns § 9,168,000 UTOPIA” nearly double Westinghouse’s offer., TWO: Dig into their savings. Tet Nat ite pone®™ coe 10a ling of ‘grain to livestock, to divery Raymond, *hite shelled sor, $1.98. OUlS oo veenooeoienio. TS0@1100 Debits... creer. 31,006,000 Boycotts Spread Not Likely to Stop Kingan & Co com ........... 6% 7% it to humans, | Kingan & Co pfd sees 33% 98! for Murder” Charles E. Wilson, president of| Consumer incomes, the depart-|Lincoin Loa) Co 5% ptd ©. 100 = io a Meneies one a = y x n Lincoln Nat Life com vee 18 T6'2 3 ’ ” : General Electric, declared that be- ment estimates, will soon reach $165 PR Maller a v y : : EY OIY -. is cian 32'2 34%, rk, ultry, eggs and to rade cause of boycotts, light-fixture in- billion annually, about $25 billion Marmon-Herrington com .... 14% _ 15% poss 3° a oe But iy said stallation costs had increased four above the expected consumer Spend- | Jatne, Asphait HW Nw the supply still should be well above y * s 2 > . EE EET] ‘. o © to eight times. |ing. Out of -this figure must come|N'ma pub Serv 55 . We 110 | pre. wav jevel The practice of the I..B. E W. such things as taxes and items Progress Laubdry com waanvs Si IE iy Forel, Ineteise on. eran | “ ” u ry o n BE a rerrens i was declared illegal by the supreme fa keg Pee ecu: 2 Pub’ Serv of Ind com ........ 41% 43% ranged from 25 cents a bushel on - a ople will stop spendi is Rots Gear & Tool com ....... 31 ‘ Ee Sours betatite InaRagement, and 1a Ikki TO IE So lng G5: E43% Pd... 10%. [COMA 10.5 cents on oats, Wheat cejlSurista lad, However, nat inion OUIPUL, Income. spending » All Soresiss Con? Za 1% 3 |In8S were hiked 15 cents a bushel i Vv at nions ’ « © hE» . ely-van amp com ...... jurists ruled, however, t u 8 ate reaching Gio Es peak. | Terre Haute Malleable ....... g barley 9 cents, rye 10 cents and were free to carry on their boy- a "|U 8 Machine com ....:..... 3% 4 grain sorghums 18 cents per huncotting activities alone. Economists say that 1946 will not Dnited 2 Co 8% i...opi... B «++ dred pounds ; have seen the end of the boom. hlon Title com ........... wees ~ s oe alon has caused Boyeol: | Nondurable item output available "eo. Li ow ” Effective May 15 i . : ia | American an 4's 85 ..... vies : ’ M Recently the I. B. E. W. inter-|!0 civilians, the department repo: LS. | American Loan 412s 60 .. .... 97 toh The iret euses: effective’ May 15, : : ; i- 1s, in actual physical volume, the|Buhner Pertilizer 5s 54 ...... 98 were designed to cover any rises in ! national president asked local busi- physics Ch of Com Dag dns si. 2 » te Wr t 0. 1087 WN" ness agents to boycott all lighting BTealest ever. Persistent Shortages ciiens Ina Tel is 81. 108 [arn PANY Wp to June. 30, 1947. 4 fixtures which didn't bear the I. B.!'In some items, they say, obscure the Columbia Club 1'as 5s ...... 79 ....| Officials said no other increases NY cone fact that production now is slightly! Consol Fin 5s 56 RRR od {were expected before then. and 5:45 to 6 J E. W. label. As a result, barriers proay : BALLY | Hoosier Crown ss 56 ... 9 101 | h ih th Whaat ware 25¢ Plus Tay were set up in six major cities, Pelow the all-time high of late 1943. Indpls P & L 8's 70. -.... .107 it € Increase, the new whea - John Conte : y 4 | Indpls Railway Co 5s 57 ..... 94 87 [ceiling will be $1.98! a bushel, not 1] 3 which materially increased costs of Large Output Available Ind Assoc Tei Co 3s 75 ..... 104 ; i THE SUN Nation | reer x Indpls Water Co 3izs #8. 104 10g |COUNting the temporary honus. The hil Silvers insta . ey point out, however, $hat 8 |Kuhner Packing Co 4s 54 ...100 new ceiling for corn will be $146: LEAVE IT™ Cases of Grafting much larger share of the output is Nang Pub Serv os 13 106% 18% a bushel, for oats, 88 cents a bushel, m————— Neon Products, Inc., of Lima, O., available to the public now. J IPub Tel As 85 ...v ........ 100 ..| for barley, $1.35: a bushel. was almost put olt of business be-, Durable item output, while g8in- 1 Tne Aon Coy N 5 . o 100 There is no ceiling price now on cause of the I. B. E. W. boycott. Ing on demand, is still not enough “.p qi ioe “'|rye. A ceiling of~$148'; a bushel 1

I. B. E. W. members refused to for the hungry public. {had been set to go into effect hang neon signs because a C. I, 0. Long deprived of durable goods by

, : : June 1. This is now increased to union had been certified by the na- war, strikes. reconversion, etc. the POLKINGHORN NAME $158% a bushel. May rve is now! tional labor relations board as the Public has learned to do without selling at about $2.75 a bushel on

sole bargaining agent for neon em- | ‘hem. If people can't find what the open market. | ployees. 2 they want, they spend-their money ' P 0 The move was approved by Eco-

These practices are not confined | [oF something else. | nomic Stabilizer Chester Bowles, to the electrical union. | Even at that, in the durable item | Robert A. Polkinghorn has been | Secretary of Agriculture Clinton P. Files of the department of justice 8rOUp estimates by the department | named industrial development di- Anderson and Price Chief Paul disclose cases in which unions have of Sommers nok A single lem, of the Indianapolis Chamber Porter following several days of : SpRipired with management io boy- | 3 Inec % om of Commerce, Clyde E. Whitehin,|MSh-hush conferences. cott business competitors. ‘dollar sales. It was coupled with a flat state-| In remote cases, union leaders Increase 32 Per Cent | president, announced today. ment there would be no price rises have accepted graft from corrupt| Individual items listed showed in- He succeeds Myron R. Green who, on livestock or poultry although manufacturers to boycott competi- creases ranging from 20 to 35 per resigned recently to head a new) feed represents a large part of their tors. cent, while increase for the group industrial organization with head. | Production costs. 5 Copyrig 1948. by The Indianapolis Tete as a whole was 32 per cent. These quarters. here. CLEANER FOR AUTOS

ht, The Ch Daily News, 8 EN ul tw |figures and estimates are for the Mr. Polkinghorn will be in WASHINGTON — Ethyl cleaner

[ars quarter seasonally adjusted at [charge of industrial promotion ac- |i; , new synthetic, non-inflammable RAINY W E {annual rates. | tivities under the supervision of]

i) : | petroleum product particularly suitSales of nondurable goods also|the chamber's industrial COMMIS- | apie for washing automobiles.

were up. The most notable dollar sion. Prior to joining the Indian-| — or © SNR | ——— U, S, WHEAT CROPS sales increases were in food and apolis C. of C. Mr. Polkinghorn Indianapolis Water Co .

apparel. Food sales were up 16 per | was industrial representative of the |

Brenda JOYCE

) FOREST’ ,otus Long ROSE”

ROD CAMERON

IER GAL"

VERONICA LAKE

BLONDE"

(2 MONTHS TO PAY

Central * vdeleine Carroll UNTED POLICE”

ronica Lake By Science Service cent over last year, apparel 20 per Pennsylvania railroad here Small earrying FOR HIRE : WASHINGTON, May 9.—Wheat cent, [ens ’ DIVIDEND NOTICE | r t a # : . Br nd other 100d crope benefited OY a Loenage Ee N Preferred Stock | Substantially constructed with | SATURDAY $:TAINY Week over FiOS of she coun. 28 2 ‘ & drug od ° 10 p ho Ast referred loc curved seat. Easy gliding action Jane cent, and drug stores, per | § . § WYMAN try, the U. 8. weather bureau's Filling stations, due to the increased | lo ¥ regular quarterly dividend of One assures you of smart appearance EK-END digest of reports from its hundreds amount ‘of petroleum available. || , | share He ay by" the Sonat of and solid comfort. Satin smooth 0 PIONEERS” of field observers indicates. {showed a 25 per cent increase in | ‘BUSINESS HIGHLIGHTS” | Bareciors on the 5% Sastuiptive biulerred natural finish.. Set up and .deSIDE — om paris of he Suighesgh bo doin sales. ” | holders of record June 12, 1948. | livered in your home ready for “Belmont & Wash. ted, have been getting 100 much) y VALUE! ANGERS of » good thing, so that farmers - LOCAL PRODUCE WermillLynch, Perce. Fanos & Bais | Common Stock, Class “A” | your comfort. A VALUE “DIVORCE” a are unable to get any work dohe { Ger. Fitgeraid in their muddy fields. Only the] domi Radin DELIVERY 35 Every night A dividend of Twenty ents (306) a share| Syd. Greenstree { Poultry: ens, 4% . and over, : 8 n dec y the Board o rec- a — RANGERS" southwest, from western Oklahoma. io "lo. “Toth orns 18e: 1048 brotiers Monday through Friday Y || tors on the Clase “A” Common Stock | BOSTON BLACKIE on out, still is suffering from|sic; Leghorns, 18c; roosters, 16c: ducks, S)auia June 1, 1946, to holders of record Steamer air ow. Michigan drought. Capone 6 be ant over soc under, 220.” || WFBM=—10:30 P. M | - — Come Winter wheat continues to 100k| Eggs’ Current receipts, 54 Ibs. to case, | ’ . . ELMER SCHWIER. LAWN SETTEE $ 98 An ideal lawn chair, $ 95 FACE" good as a result of the timely rains, 3lc; graded eggs A large, 34c; A medium, : Seeretary. : Hardwood frame, a Wasi especially in the northern plains | 2° no grade, 27. ti —t——— —— ee . — EE. tt sem se] Sturdy folding frame in solid ladder back style. ‘ 3 BE-0004 ! region and the north central states.' oak natural finish. Bolted throughout Attractive and well made IN METOO Seeding of spring wheat now is for sturdy construction. Very comfortWLESS } ug

Similar to picture!

Ww. Gail Patrick practically complete, clear to the This announcement appears as 6 matter of record only and is wnder me cwcumsiances to be construed able, good looking and low priced. 36”

h Mischa Auer | Canadian boundary. Some delay as on offering of these securities for sale, or as an offer to buy, ov as 8 sohcstation oon long. EXACTLY AS PICTURED! A EE ROO MAN | in planting resulted from rains, but buy, ony of such securities. The offermg 1s made only by the respective Prospeciuses. Value! NG SUARDEMAN the improved condition of the soil SIDE Bl makes up for this. With fair 3 2119 MA, weather prevailing over the corn A . . Prospect = 1349 belt, planting of that crop should go | d ] P & L h | Eh Ry “| Indianapolis Power ight Company LAWN CHAIR $949 2203 SA. ; More rain generally is needed for Sous Jas in Vara sa: 2 Shelby ™ | pasture and ranges in the Rockies w sh. Folds away into a sma YOR 1. | and areas to the west, except 100,000 Shares space. Comfortably shaped seat INVESTIG/ ; - x Washington and Oregon. Livestock y . : and back. Ideal for porch, lawn ; i | re 11 Satrtary ciion oot 4% Cumulative Preferred Stock oF Un town, “Exactly 43 Pictured! § | locally in the drought-stricken (Par Value $100 per Share) i southwest, S $ oy et Bl i— Price $115 per share fv | . IeCARLO | Plus accrued dividends from May 10, 1946 Tubular.Porch Chair . ” in | BAL Lint | ! Enjoy relaxing comfort in this HITE”

nicely sty rch chair $ 85 142,967 Shares® ATIC DSH, cys WHY 13

TR soft padded hammock = seat. 1X ‘ ’ ee ' i Slightly imperfect! 1108 Prospech ' Common Stock Ey : "ol Tm orhywoonT + (Without Par Value) i " A L— RBAN Price $31 per share ; a YWOOPD | ¢ Al : Ak Tien * This advertisement relates only to 42,814 shares of the Preferred Stock and 88,564 shares of BED ROOM SUITE 3 Matching Pieces $g 50 ARTNER" the Common Stock. The remaining shares of Preferred Stock are to be issued to holders of the Company's outstanding Preferred Stock pursuant to an Exchange Offer made by the Company —=Betty Fled ’ and the remaining shares of Common Stock have been subscribed for by exercise of subscription DAVENPORT and CHAIR Reduced $5950 THE WORLD warrants issued by the Company to the holders of its outstanding Common Stock.

LOUNGE CHAIR and OTTOMAN (985

Copies of the respective Prospectuses may be oblained jrow the undersigned. SOFA BED Spring-flled, modern styling $5950

$ Hi o ie d DINETTE SET Satin walnut finish $4950 EE I cranes | ~~ OTIS & CO. : VEGETABLE BIN 5 Large compariments. $329 HT MUTUAL AGENGY, INC. || 1vuy 1. ros )

. » , i ? : i » ; . A i ¥ VE'IN 1740 N. Meridian St, v2 | ODD VANITIES stightry impertect $2485 Fi Tuo: STORS HOURS: 3:48 taiBHB] | WA bash 2456 LN ; — ; reimesetenee] 2 rentisien Tid it 0 i ——— c—-— | - - —- " - * - - | :

n ‘ x ' ' i “w . . . ‘ J g v s ' X Ba i : + ‘ ar y . qe a V i \ 5 a2 - ., en y 4 % wh ’ i = i ’ ‘ , 3.2 : ; ; -~ i > : ; > :

JOAN BENNETT

ARLET EET”

HORTS