Indianapolis Times, Indianapolis, Marion County, 17 May 1946 — Page 16
embodies the goal a concerted drive here
a ” ACCORDING hw Rep. Gerald W. Landis (R. Ind), membes of the Republican food committee, freeing milk will mean a retail increase of at least 2 cents a quart. He favors the decontrol to get pro"duction, he said, : Butter, with a top ceiling of 59 cents in Indiana, will increase to . ¥5 cents, Mr, Landis estimated. He ‘sald his figures were obtained from ©. »C. Hadley, Indianapolis, execu-
tive secretary of the Indiana Dairy
Products association. : Mr. Hadley headed an Indiana delegation asking removal of price eontrol, :
: o ® » CHARLES W. HOLMAN, secre-
y OPA Amendment ‘Would Remove Controls “From Milk, Meat and Poultry. By DANIEL M. KIDNEY
ay 1 Ble sioat and poultry Would be removed e control ner an OPA amendment prepared today by Senator
rt (R. Ind). offer it 88 & member of the senate banking and currency pittée on Monday, the senator said. The committee will meet to the senate version of the OPA extension bill.
—-80n, executive vice president, In-|
BANKERS HEAR |_
The Capehart
2-CENT RAISE ON MILK SEEN
‘Removal of Dairy Goods
From OPA List Urged.
Times Washington Bureau WASHINGTON, May 17.-—Retail milk prices will be increased at least two cents a quart in most major cities if OPA controls are removed as desired by the dairy interests, it was estimated here today, An estimated 20 per cent increase in butter prices also will result from’ amendments to the OPA extension bill to be offered in the senate banking and currency committee on Monday. One of the proposed amendments would remove all dairy products, meats and poultry from OPA control. It will be offered by Senator Capehart (R. Ind.), who said today he was finding consider-
TALK ON TAXES
€. of C. Official Urges: 17: Factual Approach, -
Despite large state revenues, Indiana is operating with annual expenditures at less than 5 per cent | of receipts, warns Clarence A. Jack-
diana State Chamber of Commerce. He spoke today at the final session of a two-day meeting of Indiana bankers held in the Claypool hotel, y “A drop of only 5 per cent in revenues, which could occur easily, would throw the state into an operating deficit,” the Chamber of Commerce official declared, Most of the schools need more money; most of the cities are in financial distress, Mr, Jackson continued. This situation, coupled with the usual demand of taxpayers for | lower taxes, is not “one to be solved {by a display of emotions, but by| hard, statistical facts.” Otto N. Frenzel, president of the {| Merchant's National bank, today | prepared to submit to the associa-| | tion a resolution calling for provest to the federal reserve against reported plans of the in tem to eliminate Indianapolis’ status as a reserve city.
PRICES REMAIN | The proposed move, he said, would reduce the prestige of local banks|
operating on the federal reserve 6500 Head Recevied Here; |
system, among other banks in the country who still operate under the Cattle 50c Higher. Sys t. pose: - ystems. Another Pro 4 resolu Hogs remained firm at the local bringing ceiling prices
tion would request establishment of | Reserve bank here. in a Steady market.
bays, for experimental and testing
By MAX Scripps-Howard
are being tested for performance conditions.
EE cpu
a branch of the Chicago Federal Stockyards,
Charles H. Buesching , of Pt! Calves were strong to 50 cents Wayne was re-elected president of higher, while cattle were steady the association at today's session, |'P # Week-end clean-up trade.
Other new officers are Robert Dp. Sheep were too limited for a fair| Mathias, Evansville, vice president, | 5!
THE INDIANAPOLIS TIMES
Through these same bomb bay | high explosives and the two atom bombs which ruined Hiroshima and Sn Nagasaki were dumped in war to
purposes at all altitudes. » .
Supsriorts Are Making Tests Of Latest Type Jet Engines|i
B. COOK Aviation Editor
NEW YORK, May 17.—Suspended under the huge double bomb bay doors of a research B-29 Superfortress, latest type G. E. jet engines
characteristics under actual flight
doors, thousands of tons of
help establish peace. The experi{ments with ‘jet engines now under {way are aimed to further cement | global air relations and improve | ida air service. Wy the same time they will aid n. development of faster and more I eve) fighter planes in case of another war, The B-29 with a torpedo- -shaped axial-flow turbo-jet engine, will be viewed by the public in flight opera-
'tions as a part of the big G. E.
air research demonstration at Sche-
| nectady- airport on June 21 and 22.
Accompanying the Superfortress and similarly equipped, will be two B-24
[Liberator flying laboratories,
It will be the first time that standard reciprocating engines have
tary onal - ts were 6500 h 250 cattle, | been used to send a flying labMilk a tun ay Taille able sentiment for its adoption bd Andrew Humphreys, Linton, eine Were 100 oni |oratory through the air for the he various state organization men MONE committeemen. easier. ioe testing of jet units: told th te ittee that Following similar action by the ven Hoosier bankers earlier GOOD TO CHOICE HOGS (6500) | Co-operating with General Ejechere, tol the senate comm ined t kers, dairymen |Were elected as representatives to Butchers from 60 60 to 80 per cent of the butter |0réan mea! pac n din the American Banke fat 120- 140 pounds .... [email protected] tric on the national air research * mow is going into the black market. Put on one of the outsta 6 pres- |. TS association.) jio. 160 pounds 14.20@ 14.8% demonstration will be the army air An Indiana witness was Fred H.|Sure-group pleas against OPA. Vice Presidents Named 300-390 bounds 148 | forces, navy, aircraft manufacturSulire. He was introduced as Senators and congressmen were| Robert H. Myers, Muncie, was |,330; 360 pounds 14.6001485 | ors and some of the major airlines. dairy farmer and president of the|Chlled on by home-state delegations named to a three-year term as a| 160- 220 pounds .+ [email protected] Tt is expected that 200,000 persons Mid-West Producers Creameries, | Interested in price increases. member of the A. B. A. executive Good to Cro rH Som | will view the demonstration during Inc, South Bend. Committee Hears Pleas council. Oscar E. Lamble, Evans-| 270- 3% Pounds weve Jl the two days. He blamed OPA policies for the! Under the leadership of Secretary | Ville, was elected to membership Good- ow B10 The gas turbine to be used in butter hostage. Charles W. Holman of the National | oP the nominating committee, and Medium-- POURS nen ? the test is the TG-180 type which . Co-operative Milk Producers as- Paul Bogart, Terre Haute, alternate. | 250- 550 po: Ereughter Pigs > 2@1400| powers the Republic XP-84 army air : "FP PRESENT OPA price control| sociation witnesses from leading| Four were named vice-presidents Medium to Good— ) forces jet fighter plane. It is one and subsidy programs are continued, | gary. states presented pleas before (Of various divisions of the national| °° 20 PURGE Lo oo 1L38@I30 foot gmalier in diameter than the the result will be utter chaos,” he te committee. organization: Bugene T. White, Steers [I-40 jet unit powering the famed said. “The industry Js fast ap- oe > Ry said a “confidential Warsaw, national banks: Walter “io: 300 [email protected] | P-80 Shooting Star, and is more proaching a point where black mar-| oon showed 60 to B0 per cent Richardt, Evansville, savings; Hugo |,200:11%0 re 1830@1 TS | streamlined. kets will have the larger peroentage| , 0 putter output now is-being| Melchior, Jasper, state banks, and | 1300-1500 [email protected]| Instruments in the big bomber of the products produced. OPA has| _."\ "ioc markets. Witnesses C- E- Stout, Goshen, trusts, C90e 907 pounds ............ [email protected]| Will record characteristics of the jet so badly bungled the entire milk were unanimous in wanting OPA Shal bankers succumb to sociali-|,9%0- 1100 pounds ou - 15 gis 30/engine under flying conditions problem that it is now impossible fleld. zation of business? 1300-1500 pounds | . [email protected] | where, in the past, it has been necfor OPA or any combination of gov- Mit Sus of the Unis): fha were That question was asked by Ww. G. Mediu pounds [email protected] essary to utilize a test pilot in a ernment agencies to restore any made by production men themselves Aschenbrener in another talk. He 2100-1300 Pounds [email protected] | jet-powered fighter plane to obtain semblance of order.” in talking with congressmen. They|lS Vice president of the American | 700-1100 pounds ............ 1100g12.50| that type of statistics. LOthers A lai io Sebi maintained lifting OPA controls is| B20k and Trust Co. Racine, Wis.| g00. so pounds 1 1sas@irso| The B-29 is capable of speeds in against price con inclu Mr. Aschenbrener discussed “Cor-| 800-1000 pounds ............ [email protected] | excess of 400 miles per hour. Many A. Klepper, Indianapolis, Kraft Sen ia} to keep milk and butter respondent Banking.” 0b POURS ss.eoricas 15.35@16 25 | Vital facts concerning operation of Cheese Co; C. F. Byers, Goshen Country, City Tie-u 800-1000 POUNAS .....0vnvsss [email protected] | the jet engine at altitudes in excess Milk Condensery Co; N. D. Vicrey,| Meanwhile the bureau of agricul- u P Med um— of 30.000 feet Ye obtained Marion Producers Creamery: R. J,| ture economics brought out its May| The Wisconsin bank official] 500- 900 pounds ............ 13.00G1835 5 e tan : manager of the Evans-|r®Port on fluid milk prices in city urged the strengthening of rela-| un seo pounds ......... 11.00g13.0 FOUEh the NeW sewip. ville Milk Producers association; | markets. tionships between city and country oid Cows. all weights) s#iese] Cluster Miller Wilkinson Prices Advance banker, as preferable to the “s0-| eam '. 1 lll . [email protected] ad °, Cc mn, “Prices of bottled milk delivered cialization of business.” Cutter and common Verna 12611 23 # n “ee 8. to homes in 25 cities during early by FITS uy aukes san SOOpersie - Bun ai weights) is Jay vomsered toe. sharper ad- re and ay | 2s av LOCAL FOOD DRIVE LOCAL ISSUES ; trot the presdius month thet ry. Inui loan fle and by pro- Ag weights) ........ 1118143 e specialist's ‘know-how’| Good ...................... [email protected] hinery for the local food colguotations furnished by Indi-| has been shown in the past three) Sodium tee 1100G12 80] Mac ry for loca co anapolis Recurities dealers years,” the bureau reported. |With his own intimate knowledge| Cutter and common . : 15.006 11.00 | lection under UNRRA leadership STOCKS i “An increase in the average for/ot local afta," declared Mr. Good abt a2 (400) [email protected]| Will be set in motion today with sv. 18 30" | these cities from 14.92 cents a quart ener Common and medium 1080G16.00 the naming of subcommittees on «MB lin April to 15 cents in May was | The speaker also believes the Culls [email protected] | finance, collection, publicity. and . pe larger, J) t Feeders and Stocker Cattle and Calves rin i :+++/shown, For the fourth consecutive "8 commercial loans of the Steers packing and shipping ig a meeting at 4 ‘|month, the average buying prices C!'Y banker might offer an oppor-| Choice i. [email protected]| 2 2 Py m. in City hall. ‘8 lof dealers showed an advance. At|'unity for participation by the 860-1080 pounds ............ 1630g17.50| Appointed by Mayor Tyndall last +7 00.18332 a hundredweight, the average COUNTY banker. Coo. 300 pourids [email protected]| Week, Roy Badollet, chairman of 3 i om | buying price was two cents higher | ep 800-1050 pounds 0 | the emergency food committee, will "188% 106is|than the preceding month and COLUMBUS DAIRYMAN Nn uD. POULHA. ~ai0ssseee se [email protected] | T€€t With Chamber of Commerce .. (seven cents higher than a year IS DISTRICT HEAD | Choice and closely sorted .... 15.7% Vice President William H. Book, + 18 10] earlier. SHEEP (100) Red Cross Director Virgil Sheppard RR pf..103% 108% | “Supplies of fluid milk were suff- | Fred Shure, Columbus, was elect- | Good and choice ............ 8.00@ 9.00 and a tentative group of 25 citizens. ptd 3 ee c d medium 1.00@ 8.00 ; ; .{clent to satisfy all consumer needs ed head of the district chapter of | Common and medium ....... 04 8%] Following instructions issued by ‘during early May in spite of con- the American Dairy association at|Choice and closely sorted .... 16.00 Secretary of Commerce Henry A. tinuing heavy demands.” |a meeting at the Hotel Severin And _chgice 15. 258130 Wallace, the drive will call for cash
A .e Axa w 1h FO Eom... 1
a»
A one-cent increase in retail milk
::::|price was allowed by OPA in New «| York City April 25. Four other
cities had one-cent increases since Jan. 1. Memphis and two others got a half-cent increase. The New York increase applied both to store and home delivery,
i While the others got increases on ; {home delivery only,
Present prices per quart on home delivery were listed as follows: Birmingham, 17 cents: Ban Fran-
*** (cisco, 15.5; Denver, 135: Washing-
ton, D. C., 15; Evansville, 14: Indi-
.|anapolis, 14; Cincinnati, 18: Clevea land, 15; Columbus, 14; Pittsburgh,
18.5; ‘Knoxville, 18; Memphis, 14;
'| El Paso, 15.5; Houston, 18,
INSECTICIDE CEILING WASHINGTON, May 18 (U. P).—
The OPA today set a ceiling retail
price of $2.65 each on new onepound insecticide bombs ‘declared surplus by the government. They
ou ter Co 3%4s 68 ....1 108 Fras i don i Sha a 10 ioe Pub Tel das 8 . ih i ah, ov » rhe
"| now are available to civilians.
yesterday. Mr. Shure also is head of the Farm Marketing association. Also elected were Fred Seise, Lebanon, .. district vice president, and Dale Long, Indianapolis, managing director of the Independent Milk Producers association, secretary - treasurer, Representatives from Indiana, Hlinois, Kentucky and Tennessee attended the meeting.
-
INCORPORATIONS 7
Crown Chemical Co, Ame.," “108 Transportation bldg, Indiana olis. i gat. Harof i L. Peterson, asme shares 0! Ay rons, Dorothy Meriden st,
L. Peterson, Inc. a N Indianapoli; Mark Mack, same addrans. Le no td Rubin Hecht, ns Cd Deli. ie
al ying: E ioe Bh Lultan atger. . & we Machine Co., Ine, 241 N. Oray
100 par value:
1. "Suppl oo sei , Indianapolis polis
A view of the great influx of
expected, it is necessary to privie Tnivicucss to list with
Convention Bureau Seeks ~ Rooms for Racing Fans|
convention bureau any rooms
which they would like to rent, with | Par
the night of Wednesday, May 29, are asked to fill out the coupon below and mail immediately.
) . Joh Persons having rooms to rent for
st. agent, Paul W. Benedict, same address: shares no par value; to operate machine shop; Paul W. Benedict, avid KE. Wilkerson, Lucille T.
Ben Indiana Parm_ Bureau Co-operative Association, Inc., Ind Ianapoil, ailsndment increasing cepital stock 80
prefer of #1
° ianapolis’ t, herb, 3139 N, papolie: age st, Yo apolis; 150 shares of $100 par value; May ech Scherb, Grier M. Shotwell.
Indiana Furniture & Toy Stores, Inc.
I visitors on Wednesda:
BBsRasonrnnts Variants
WBbassrnennr sunning
1 have available the following accommodations for use of
for 1 person... Price........per room
y night, May 20, 1046: Sere biiinn inact antsaaRtnrans
CLAN RR ATR RNR RA RA
| ar vhiye;
| MeClay Dorp. ndi
Indingpoie dissolution, oe DS Inc., 130 E. Washingoh agent, Mortimer T. esent, iia Central ave. Indianapolis;
00 shares at par value; to engage in indonee ‘ngineering; Mortimer 'T. Pres|ent. Constance H. Present, Saul Present, dwest Brewing Co, Inc, 31 Agnes Indianapolis; agent, Walter J. Riersame address; 5000 shares of $100 Walter J. Rierden, Paul A. ilkey, Everstt McQueen. 130 E. Washington at. | Room 1019 anapolis; agent, Joseph |€, Wallace. same address; 100 shares of 1810 par value; 2, Sperats insurance and real estate ageffey; Joseph C. Wallace, James L. Beattey, Cassatt Marts, Ford Woods & Son, Inc., 155 B. Market st, Indianapolis; agent, Ford V. Woods, 8825 N. Delaware st, Indianapolis; 1000 shares no par value; rei estate and in. surance agency; Ford 8, win David Woods, Arthur A. Bret The Schwab Agency, Je te 1056 Consol
[o, den,
dated bldg., Indianapolis; t, Theodore R. Dana, 1156 Consolidated Bldg, Indianapolis; 1000 shat no par value; insur~
ance ney business; Robert J. Schwab, John W. Brouwer, Julian W, Schwab. way Club Veterans of all vU. Wars Ine, Stn st., Indianapolis; no
capital sock; James F. Oh M. Summers, Chas, 3 A Patterson and, oth-
lo
INDIANAPOLIS CLEARING HOUSE
apman, Glenn |:
«vv [email protected] . [email protected]
REAL SILK HOSIERY VOTES 2 DIVIDENDS
Real Silk Hosiery Mills, Inc. today declared a dividend of $1.25 a share on its prior preferred shares, series A, and a dividend of $1.75 a share on its seven per cent cumulative preferred shares. Both dividends will be payable in cash on July 1, 1946, to stockholders of record as of the close of business June 14, 1046, A quarterly dividend of 15 cents per share on common stock also has been declared. This will be payable in cash June 15, 1946, to stockholders of record at the close ‘of business May 27, 1046.
Medium and yous . Common .
and tinned food collections, with churches, schools, labor, veteran, civic and community organizations canvassing neighborhoods. Calling for immediate action, Mr. Badollet urged a co-ordinated cona | tribution campaign to include cash donations as well as canned baby foods, soups, condensed milk, vegetables, honey and fish.
PLANT TO HOLD OPEN. HOUSE
HAGERSTOWN, Ind, May 17.— The Perfect Circle Co. here will have an open house Wednesday from 9 a. m. to 9 p. m, according to an announcement by George Keagy, plant manager. All departments will: be ‘open for inspection and tours will be conducted from the plant cafeteria.
138 E. Washi
Resa 8 SAACRAAR a ania oe
B- 29 Carries. Engine Under Bomb Bay During Research
First picture of B-29 Superfortress carrying a G. E. axial- flow turbo- Jet engine suspended trom bomb
LOCAL PRODUCE
PRICES FOR PLANT DELIVERY
Poultry: Hans, 4% bs. and over, 42 lbs.
i Sp 8, A doe; ghorns, s, 19¢; 1946 springs, 20c; capons, 6 1 22¢. Eggs: Current receipts, 54 30¢; graded Less, 30c; no grade, 27ec, Butter at: Sle.
30¢; ; roosters, 1léc; ‘ducks, 15¢;
A large, 34c;
Me; and over, 18¢: Leghorn 1946 broil. geese,
bs. and over, 30c; under,
Ibs. to case, A medium,
TRUCK WHEAT
Indianapolis floor mills and grain eles!
vators are paying No. 1! merits), testi yellow shelled. $1.36 white shelled corn,
OAS,
A. DIRECTOR 21 Jewels $57.50
B. TREASURER 21 Jewels $67.50
Te Croellbney
2l- jewels
The Bulova
$1.88 per red wheat (other grades on their | No. 2 white or No. red | ng "34 ibs. or bet tter, 83c; corn, No. oJ bushel and No. 3
bushel. for |
ins FRIDAY, MAY 17, 1946
Find Prices Nearly Hold Line When Controls Are Removed
By Seripps-Howard Newspapers WASHINGTON, May 17. —Thg office of price administration reported today that consufner goods “prety, well holt the price line” when
controls ‘are removed,
tweezers, razor strops, canes, key] chains, sofa pillows, ice-cream freezers and leather billfolds.
Prices were checked that day in three Washington stores. On May 15, five weeks later, the same three stores were visited and prices taken on iderftical items. In most instances the prices were unehanged; in a few cases there were increases, but none more than a few cents, OPA regulations require manufacturers to fille price increases on articles from which controls have been removed during an indefinite “suspension period.” In other words, | pfoducts freed from price control {merely are placed on probation, Frequently, OPA said, consumers may be misled when prices on freed {items go up as soon as ceilings are lifted, and may feel justified in {complaining OPA does not imme2 diately re-establish controls. In {such instances, however, controls
An independent check supported OPA's claims.: "|April 8 OPA suspended prige ceilings on hundreds of articles, including coathangers, needles, pins, flower-pots, lawn-sprinklers, manicure files,
’ ol
For example, on
were lifted for the purpose of “let ting water seek its own level.” Had controls remained, OPA would have had to grant equal price htkes. Frequently, too, prices shoot up for several days and then fall back. A good example, OPA said, is strawberries, on which ceilings recently were lifted. For four days, strawberries sold at three and four times the old ceiling price. After a brief period prices dropped and now in many areas strawberries sell for less than the old OPA ceiling price. When prices increase and “hen hold above the level OPA afready had decided was normal, controls are re-established. OPA said it had not been forced to re-establish controls on ‘any item since December, when it placed ceiling prices back on oranges. Thousands of ar¥icles of consumer goods have been freed in recent months.
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