Indianapolis Times, Indianapolis, Marion County, 28 June 1946 — Page 25
FRIDAY, JUNE 28, 1946
BUSINESS—
be expected,
ready are before the courts, conasted with 32 in 1938 Most of the investigations began immediately after V-J day. They) ncluded such fields as housing, | ood, fuel; banking, electrical equip ent, metals, optical Suipmets,
ransportation, oil, gas, tires al instruments, radio Darts, fo ng machines, clothing, beer and
eavy industries. Deny Letup in Cases
Other inquiries are being made in 18 yet undisclosed fields, but they
PARS” rrie
ctory DE ; R. Armstrong 8 Mar. Martin
FRFRONT” GUITARS”
)2 Roosevelt CH-7202 ESTIGATOR” LSTWARD"
Ibott at 224 ronica Lake
nditioned pter of I RANGERS”
al eo. Breet JREVER" Vernon Y THM" id 5:45t0 6 re 25¢, Plus Tax
ret O'Brien
ica Lake GLE'S"”
STS TODAY x
$13 Seat AL”
vi GIRL" I — and A. estern 0259 LLA JONES” oF PLAINS"
grid Bergman unk”
A
he Edw.
“Huge Cast of Big Stars LIES” t on Greece”
. Michigan 20
Bob Armstrong Marion Martin TERFRONT" OF BADLANDS’ 700 W, wash. BE-
& bar LO BILL" mont & Wash. p Cast of Stars LLIES” , Subjects iitioned
ce ———
AN 'O0D r Theater "amily LONDIE” na Barrie
nvolve manufacturing ecessities of life,
La Follette Jr. (Prog, ontendeq there has been a ‘ erous curtailment” nti-trust activity. Justice department officials argue here has been no curtailment, but hey do say congressional limitaion of funds for the anti-trust diiston has hampered the program.| Mr. La Follette recently succeedd in restoring to the appropriation | r the year starting July 1, $200,knocked out by the house 'hether the house conferees will ccept the restoration was not yet nown.
of government |
20 New Suits Filed During the - war 20 anti-trust ages were suspended at the reuest of the war and navy departents. Since the war ended, hese resulted in pleas of nolo con-| pndere’ by defendants and levying] f fines against them, One case was pttled by consent decree, Twenty new anti-trust suits have en filed since V-J day. They inolve mica, television equipment, henolic resins, nickel, ball bearges, dental alloys, artificial limbs, ectrical equipment, axles, coal, quid gauges, metal culverts and ilk. Settlements
satisfactory
struments, the Associated Press, chemicals, yes, the match trust, borax, gas anges, grain machinery, oning “equipment, rugs, vitamins,
machine tools, sponges and ice.
BEER DEALER LOSES RECEIVERSHIP SUIT:
Judge Walter Pritchard of super- |
eceivership.
Appointment of a receiver had een asked by Charles Ehrlich, Los ngeles, Cal, beer dealer, on the rounds a contract he had placed ith the brewing company for 14,7 cases of beer had not been ful-| lle. Mr. Ehrlich also charged he | ad not received payment for 14.D0 cases of empty bottles which he eturned to the company. Judge Pritchard said he petition for vidence showing the assets of the lompany were valued at more than 00,000, greatly in excess of the
he denied |
or 14,000 cases of beer.
TRUCK WHEAT Indianapolis floor mills and grain eleors Are paying $1.88 per bushel (other grades on
their ; OBS, 2 white or No, 2 red Bting 34 Ibs. or better, 83c; corn, No, 2 low shelled, $1.36 per "bushel and No. 2|
SN ERT AEG ry
RRY OF TRUST ASES PREDICTED
ustice Department Reveals 167 Inquiries Are Underway With Numerous Indictments Expected. WASHINGTON. June 28 (U., P.).—Justie department officials said
oday a drive to eliminate monopolies and ether restraints of trade was 10w in high gear and that a flurry of indictments in various fields could
There are 167 investigations being made in various fields and many re expected to result soon in federal grand Jury actions.
TRUMAN LAUDS FAMINE RELIEF
‘Warns Nation F Food Crisis
cellation of
| elev ators.
receivership on|p)
1935-44 {number of pigs, saved was 121 per {cent of the average.
0
Some 127 cases
|
Has Not Ended. EK
WASHINGTON, June 28 (U. P.). products! _president Truman said yesterday hich affect the production of the that, so far, the nation has done {a good job in getting food to hunEarly this week, Senator Robert ory people overseas but he warned + Wis, the famine crisis is not over and ‘dan-|that “each one of us” up the fight. He said the United States would |Quarter-Century club were inducted | Utility's personnel.
at the Citizens Gas & Coke Utility |
must keep
meet its goal of 6,000,000 tons of! bread grains exported in the first | |€ix months of 1946. than shipped, and the rest is ready or on| The club's membership its way to ports. weeks, gone, she added, At the same time, it was disclosed | the government is considering can- {ber of me Tigh, presented he in adler: | which requires farmers to sell-half eral manager, presented the cer-|A. A. Gallagher, of the wheat they deliver to grain The farmers don’ we like The new group brings the club’'s|{who also qualified for membershi {the regulation, and an agriculture | Active membership up to 100 and this year. | official 12 of may be lifted next month.
Already, have
more
5,500,000 tons been | In “another three
the full amount will have
the set-aside order
said there is a chance it|
Lauds Co-Operation
r, Truman said this country had | made a food to hunger areas and that this | was achieved by food-saving efforts {and the * the public, both those who eat at, at the local stockyards today. home and diners-out, the farmers, | millers, gency committee, and government! | agencies.s Asserting the food crisis is still | to the |here he said “co-operation and deistice department have been made | termined effort. by the public—by 26 cases. These involved aircraft! each one of us—must be continued metal hose and tub-!during
“good record” in getting
‘splendid co-operation” of |
bakers, the famine emer-
the coming months of!
hunger abroad.” His statement accompanied a re-| | *Agents Fin Cor air condi-| port on famine relief submitted by| American Loan
|
the office of war mobilization and | Amer States ci A .. | reconversion.
Calls Shortage Proof
Mr. Truman sald the fact house-| wives find it har to buy bread | noses: Merrill com is proof the famine-fighting pro-| gram is a success, and added that| sComuith Loan 4% pfd “the loaf of bread and the bag of| flour they don’t buy r court 4 today refused to place much more for hungry he Indianapolis Brewing Co. into|abroad.” The additional shipments needed | 14 45505! fo. 2 Py a in the first weeks of July to make | Indpls P & L ‘ up the 6,000,000-ton goal will not be| counted as part of the 250,000,000 bushels of grain scheduled for ex-| i port during the new crop year start- | ing July 1.
SURVEY SHOWS MORE HOOSIER PIGS SAVED
LAFAYETTE, Ind, June 28 ~The Purdue university department of agricultural statistics announced that a pig survey as of June 1 showed that Hoosier farm- | | ount involved in the contract (ers saved 3.991000 spring pigs this |v 8 Machine com ......... : | year from 586,000 sows or 6.81 pigs per litter,
| mean that
children
|
(U,
number of sows that far- | | 1995.4 was 114 per cent of the] spring average and the]
ite shelled corn, $1.5
Tomorrows
7—pe. STUDIO LOUNGE il
*89: ”
$1.50 a Week
It takes but a minute to convert this handsome 2-purpose outfit from a cozy, comfortable living room to a restful bedroom. And for tomorrow, Fritz «Schneider ives you the entire 7-piece out5 for the usual price of the studio bed alone.
J | |
Fritz Schneider
SPOTLIGHT SPECIAL |
For Comfortable Doubled-up Living and Summertime Guests . . .
S
Dean T. Burns (left) assistan
as & Coke utility awards a 25-year service scroll to Ralph Eback,
wis Fd Service meciilis,
|
t general manager of the Citizens |
13 New Members Join Utility’ s
7th nnual dinner meeting at Lin-
{coln hotel this week.
an employee to complete 25 or more Thomas L. Kemp
| machinist;
| years of service,
| general manager and honor mem- { Gray.
| tificates to the new members.
: | requires | guard;
25-Year Club at Annual Dinner :
Thirteen new members in the constitutes 9.3 per cent of the Gas Year—$48,000,000,000.
The new members are: Stella] Fittz, secretary; Rohbert Malone, | custodian; Ralph Eback, customer service specialist; Fugene Rossi, John N. Underwood, con-| Charles W. Kerkhoff,| William . Harris, oiler; Haves, tender; Oliver P fireman; Walter Lentz, assuperintendent; Dell Pine,
trol man; | Ernest
sistant
general manager |
of a company mine In
Here, Holdin
Abnormally light week-end rece
early receipts moving fast. Other receipts today were 150
Hog Receipts Drop to 1200
g Ceiling Price
ipts of only 1200 hogs were received |
The ceiling price ruled the market, with) 1000, Hence.
cattle, 200 calves and 175 sheep,
THE INDIANAPOLIS TIMES ecialist Gets Service Scroll
| Yet it. will be no higher than $21 - | 000,000,000,
SPENDING NEAR
. S. Business inees Year Ending
0 Market for First Time IS BEING WITHH
By Science Service
PAGE *
| WASHINGTON, June 28 (U, P.).
PHILADELPHIA, June 28.—Fluorine, a chemical element discovered | —Fabtic producers awaiting the
On Optimistic Tone. ou lubricants than any known to wonder insecticides.
WASHINGTON, June 28 (U, P.).|per —The government's 1046 business facturing company announced, | | year ends tonight, marking 16 years |
| ening evidence that the era of defielt spending was fast drawing to a | close, There were promises that further | slashes in spending may be ex-|
A gas, fluorine is now available in steel pressure cylinders for eximental use in industry and science, the Pennsylvania Salt Manu- weeks in anticipation of higher
ne of the most chemically active | will not break down
Some of these compounds any now available, TWO: Non-burning, for wartime
“bomb” and dyes.
| pected. And there were few indica- | Ue ts: scientists predict will come | practic al and safe.
| tions of appreciable cuts in govern-' | ment income. |
picture: ONE: Net income of the
around $43,000,000,000. TWO:
| $64,000,000,000.
THREE: ' The deficit was less]
than half that of 1945, approximat- What was termed a move to assist and fire. proofihg materials, {in supplying mategials for the veterans’ housing program.
ne sei 000,000,000. War spending, including VR pensions and demobilization costs, was little more than
half that of the record previous| Hancock,
FIVE: More than $12,008 900.000 of debt was retired During the 1946 fiscal year, federal income was larger and the ex- | penditures smaller than expected. | Deficit Under Estimates The 1946 deficit was estimated at $28,620.000.000 as late as January
January, March and June wera
Roger Baird, repairman, and months in which net income ex- |B Bland, W. A. It has been many | Moynahan, West Va. years since the goverhment had an|H. Moynahan and B. W. Duck. The pi excess of income over expenditures | program is being sponsored by the Indianapolis Real Estate board.
| ceeded spending.
| for any month Barring unexpected disturbances, the budget should be balanced in the new fiscal year, with some money left over for retirement of debt. The administration will fight! new tax cuts. The budget for the new vear, ok i cluding international loans not yet {approved by congress, is $35 ,860,000,-
| from fluorine: |
Ifrom 12 cents each, Spending was drastically | jjvered.
Marion, Boone, Hamilton, Hendricks,
Shelby counties,
50 LOCAL REALTORS
{morrow will complete a week-long course in Hotel Real Estate Management,
arranged for the course are Robert
Metal, come {rer notice was posted in Queen plete wit two swings and tra- .» Cheapside, today: peze bar. While . worry about the soap ra- they last
ition? The food we eat doesn't give [us str strength | to wash. ” |
ONE: Stable lubricating oil that | requires fluorine
[x<ray and nuclear physics, FOUR. An
A price Increase in concrete blocks
of the cost may f.o.b. or de-| Other possibilities for
under any of the 96 known elements, fluorine | present engine operations and may | in the red, but there was heart- | combines rapidly with most other make possible “dream”. engines that | {elements to form very stable com- {require more stable lubricants than | branch, said the withholding prac- | pounds. are in freons used as refrigerants, | | bropellants elde
THREE: A gas now known that | to manufacture | ~|and, which is a nearly verfect in-|
Principal points in the 1046 fiscal OPA BOOSTS PRICE |sulator for high voltages used in| treasury OF BUILDING BLOCKS
' was the second highest in history— |
insecticide developed In Germany but impractical because become available,
133 years ago, went on the market for the first time here yesterday with | fate of the OPA extension bill, have |& promise of important new scientific. developments ranging from more | ‘been
withholding shipments to | clothing manufacturers for several
“| prices, an OPA official said today.
Theodore G. Maynard, assistant |chief of OPA's clothing and textile
| tice will lead to new clothing short
‘in the next few weeks.”
non- -Poison- | ages at consumer clothing levels insectl- | ous liquid to replace mercury in the|,
| Present mercury vapor boiler, mak
», Here are some of the new prod- |ing the most efficient vapor engine| He noted that OPA’s enforce
{ment branch is not large enough to
{check inventory violations of the
ARMED CONFLICT LOOMS - PARIS, June 28
| whole textile industry. He indicat~ ed, however, that action would be Yokes against some fabric produc
(U, P)~A fluorine | [spokesman for Adm. Georges Thierry to 14 cents f.0.b. and 16 include heat transfer and dielectric D'Argenlieu, French high commiss [cut from the previous year to about... delivered was announced te-| media, other insecticides, fungicides, sioner for Indo-China, sald today day by the district OPA office, in | fumigants, germicides, stable sol- [the French will resort to “force of
fvents, anesthetics, fire extinguishers arms” if unable to settle the border
and 1 plastics and _weed killers.
resins { dispute
' means.
Effective June 18, the order affects
Morgan, Johnson and
TO FINISH COURSE
Fifty local real estate men tomanagement given in Severin by the Institute of Those heading committees which |
Brennan, Roger T.
Albert Milburn, John
CLOTHES LINE POSTS ALL-METAL, Pr. $1.95
SWINGS
TOO WEAK TO WASH
LONDON, June 28 (U, P).—This All
$19.95
Exceptionally well made and designed. Lightweight hardwood, white enamaled. Mor=~ tised joints and bolted. The finest millwork we have seen for some time,
Chair $11.95 CHAIR “!'» Whe $14.95 SETTEE Platform Rocker $19.95 PICNIC TABLE __$25.95
Carload Sale! RED CEDAR FENCE POSTS
Tustrated
7 ZZ band UE”
wd ARKLINGION- IR B19¢
with Slam by. peaceful
"Leisure Time" LAWN FURNITURE
with net income at the the current year, the] could be balanced and|
{lev el of
| budget
Calves moved rapidly, while cattle and sheep, both under pressure) further considerable inroads could!
{in the week-end cleanup, took some
losses in quotations. |
|
| GOOD TO CHOICE HOGS 200) Butchers LOCAL ISSUES 120- 140 pounds 14.28 j- 180 pounds 14.85 | 160- 300 pounds . 300- 330 pounds 14.85 Nominal quotations Jursished by Indi- _—o 350 POUNAS ..venernvane 14.60@ 14.80 anapolis securities dealers gf | STOCKS Bid Asked | 160- 229 DORRES AG ow . [email protected] Agents Fin Corp com ........ Tia . Good to Cholce— Pid. 19% 270- 300 POUNGS ....eesueess 14.10 a 8 330- 400 pounds ......eeeses 14.10 *Amer Btates pid. .. 24% Good 33 400- 4% POUDAS ...venasesss 14.10 Amer States cl B 3 Mediu L 8 Ayres 4%2% pid 108% 250- ry pounds ...... . [email protected] Ayrshire Col com ... 38 40 Siaurhier Pigs *Beit R Stk Yds com ........ 38 40 Medion to Good *Belt R Stk Yds pfd ........ 62 or Pe 320 pounds _ .. [email protected] *Bobbs-Merrill 4'a pid 7 CATTLE (150) trove 32 % " Steers Central Soya com ....... Ta le nice. Circle Theater com 1 | T00- 900 pounds .....aeee well [email protected]% 04 107 900-1100 pounds .. « [email protected] ons Fin Corp pid 27% . 1 1100-1300 pounds . [email protected] ‘Delta Electric com .......... 19 20% | 1300-1500 pounds ...vceeeeres [email protected] Electronic Lab com 17 5% | Good— Ft Wayne & Jackson RR pd. 103 107 T700- 900 pounds ....cece0 seve 16.25017.00 | *Herfi-Jones cl A pid . 13 ..e+ | 900-1100 pounds « [email protected] | Hook Drug Co com ... .. M4 , 1100-1300 pounds .. [email protected] nd Asso Tel Co 2 pf 52 1300-1500 pounds .. . [email protected] 110 112 Medium com 321% 33% | T00- 1100 pounds se..ees eeses [email protected] dels P & L 47% pid 109%; 111 | 1300-1300 pounds .....ieves vw [email protected] Indianapolis Water pfd ..... 111 11313 | Common Indpls Water ¢1 A com... . 22 23 700-1100 pounds . ........400 [email protected] Indpls Railways com vor 38 . eifers Investors {oElephony 3s '61 ..98 101 Choles poutids 17.00011.75 Jeft Nat Life com ........... 3% . ” t . . | Kingan & CO €OM .......... 6% Tha a, 1 Pounds ...ceveennes [email protected] | Kingan aia 12 962600. 800 pounds ......sss.e. 16.008 17.00 { 2 arse { 3 Lincoln Nat Life 60m ........ ” 3 a 1000 pounds ....es . « [email protected] Marmon-Herrington com .... 13’ * Mastic ASPRAIL «i..ehesn 111% Cl 900 D pounds assess ess [email protected] *Natl Homes COM ......eves 93% | d . [email protected] N Ind Pub Serv 5% ....... 1102] 1" 906 "coms Gai weighs | an. PR Mallory com ...... 000d 34 Ciood- .... .. [email protected] Progress Laundry com. Medium : 12.008 13.75 Pub Serv of Ind com ve 4% Cutter and common ......... [email protected] Pub Serv of Ind 3'2% pid. .e 10134 Canner . : © 7500 9.00 *Ross Gear & Tool com... 34 Balls (all ‘welghts) |80 Ind G&E 48% pid 2. | Beet *Stokely-Van Camp pid ...... 3 a 214 50 | Stokely-van Camp com 2 e Soot. ! weights) ...... 14.00@14 erre Haute Malleable ...... 9'2 10% Good ve. 12.50014.00 3g . Medium “a Lo. [email protected] United Tel Co 5% ........... 09 Cutter and common . [email protected] Union Title com . serene 3 PR CALVES (300) American. Lia Jone 97 Good and choice viene. 17.50018.00 ral 2 eee oa ‘| Common and medium........ [email protected] Buhner Fertilizer 5s 54 vee. 98 Culls [email protected] Ch of Com Bldg 4'2s 61..... 9 $4 Citizens Ind Tel 4's 61..... 103 Feeder ‘and Stocker Cr Cattle and Calves | Columbia Club 1'zs 3B. vere. 9 Ohoice— | Consol Fin 8s 66. .......... 9 500- 800 pounds . [email protected] Hoosier Crown 5s 56......... 929 , 800-1050 pounds 16.50@ 17.50 Indpls P&L 3'2s 70 107 ++ | Good— Indpls Railways Co 5s 57... 94 97 | "500- 800 pounds ... ves [email protected] Ind Assoc Tel Co 3s 75 104 | 800-1050 pounds s.eeeees sees 14.30916.00 Kuhner Packing Co 4s 54. ..100 | Medium— N Ind Pub Serv 3's 73......106% 108'%2| 500.1000 pounds ..........ss [email protected] Pub Serv of Ind 3's 75......107'2 108% | Choice and closely sorted . 15.75 Pub Tel 4%8 35 ...........00. 100 SHEEP (175) Trac Term Corp 5s 67...... 99 Ewes (Shorn) H J Williams Inc bs 55....... 98 Good and choice ... ....e.use 1.500 *Ex-dividend. Common and medium 6.50@ 7.5
. for Holiday
INCLUDES:
Spring-filled studio bed 2 Walnut veneer end tebles Matching cocktail table 2 Handsome table lamps
Smart occasional chair
{be made {stands at
in the debt which now more than $269,000,000,- | 000. Saving “ossible { In January, President Truman! estimated the national debt would! be cut to around $271.000,000,,00 by | the end of the 1047 fiscal year. But the treasury began retiring | fssues with funds from the ab. normally large cash balance. The result will be that when the new year starts Monday, the debt will| be just over $267,000,000,000. Thus it would appear likely that| with favorable conditions prevail- | ing through the coming year, the national debt could be sliced to be-| low $260,000,000,000, with part coming from the cash balance and the! remainder from excess of income, This would save taxpayers millions of dollars through cuts in the [present $5,000,000,000 interest | | charges.
LOCAL PRODUCE |
PRICES FOR PLANT DELIVERY | Poultry: . Hens, 4% lbs. and over, under, 20¢; springs, 45 lbs. and over, 22c; under, 20c; Leghorns, 18¢; Leghorn hens, 19¢; 1046 springs, 30c; 1946 broilers, J0e; roosters, 18¢; ducks, 15e; eese, 30c; capons, 6 lbs. and over, 30c; under, 22c. Eggs: Current receipts, 54 Ibs. to case, | 30c; graded eggs, A large, 35¢; A medium, | Joc: no grade, 25e, Butterfat: Sle.
BANK CLEARINGS Today Clearings . Debits
. 8 4,843,000 $16,763,000
HOME LOANS
LAFAYETTE, Indf June 28— Consolidated Industries, Inc, of | Lafayette, manufacturers of the Consolidated stoker and other automatic heating products, is well
expansion program. The corporation has moved offices to its new plant on Route 52 at Lafayette, and production lines] are humming. Observers report that the new factory, specially designed by Consolidated engineers in _ conjunction
This announcement appears ds
omy
under way with its new $600,000 |
offering of these seonribies for sale, or as an
Consolidated of Lafayette Making $600,000 Expansion
| with Douglas P. Sterling, industrial | engineer of Stanford, Conn. Is | outstanding from a functional point of view. Novel arrangement in con- | veyor lines and material handling produce a high delivery rate at the end of the production line. Production of the present line of | stokers is only a beginning, according to Consolidated officials. At a | recent meeting of regional sales managers, plans for invasion of other markets in the automatic heating field were announced.
a matier of record ond is under mo oircumstamoss lo bi construed as an Co buy, or 41 ¢ sobailakon of on of ob of twch_seoursties. The of ersng ss made only by the Prospecius.
1,025,000 Shares
Portsmouth Steel Corporation
Common Stock Par Value $1 Per Share
Price $10 per Share
Copies of Me Prospectus may be oblainsd from ie sndersined
!
‘OTIS & CO.
-
It's convenient and thrifty { to deal with local friendly J | Celtic officials. Loans made for 5 to 15 years to fit your budget. Monthly reduction of principal and interest saves you money. Find out how easy it is to “obtain and repay a home loan from Celtic.
Marion Co. Homes Competitive Interest Rates
JAVINGS ¢ LOAN ASSOCIATION
of Indianapolis
23 W. OHIO ST.
CHECK YOUR
RAYON Cord Construction
Now available in sizes 6.50x16 and larger and soon in all sizes,
struction , .
+ « longer . high
cooler . even at They're
safer,
Drive SAFELY and SANELY—Don't Have a
TIRES BEFORE YOU
IMPERIAL TIRES
Stronger, Safer Than Ever Before
Built of GRS-10, the new wonder rubber, and 20% more cords in a new type of body and, tread con- . these big~ ger, huskier new tires roll speeds. too.
LEAT!
Longer Wearing,
Treads are wider, flatter . . , more even tread wear, less scuffing, maximum traction and skid protection.
157;
a rer Hydraulic BUMPER JACK SIDEWALLS Simplest, quickest, easiest jack install
Bonderized and prime-coated to prevent rust and corrosion,
Easy to and remove, to use on the market. Never
has to be reset after first time,
Finished in finest baked-on Place under bumper and give white enamel. Fits all 16- a few easy pumps on sleeve inch wheels and cars from 1930 pumper . .. that's all. To reto 1048, inclusive. lease, turn bleeder valve screw and weight of Set of 6% an hs the 127% Four ® rest. *
odio Sikes
REPAIR ) } SERVICE
All Makes i Home or Car
TIRE RECAPPING REPAIRING and = VULCANIZING
Balanced
GOLF BAGS
The Hickory Stick does the trick. Lightweight, easily carried and always in balance. Plenty of room for 15 clubs. Large zipper pockets and adjustable. wide shoulder strap with rubber pad.
Sun Tan or White, $ 00 . Olive Green Trim
BATTERY REPAIRING RECHARGING and RENTALS
=