Indianapolis Times, Indianapolis, Marion County, 25 July 1946 — Page 6

S NEW PRICING LL RAISE COSTS

‘Boosts Will Be Granted to Auto and Textile Industries; Most Foods Will Return to June 30 Ceilings.

WASHINGTON, July 25 (U, P.).—The cost of lower priced automobiles will be increased $75 to cover higher dealer margins and handling charges under the new OPA legislation, an OPA spokesman said He said a $995 Ford delux eight is expected to cost $1070 after OPA restores dealer mark-ups to the peace-time level of 24 per cent, and makes higher allowance for han- A

dling charges. Previously, OPA had cut dealer margins to 10.5 per cent. STOCK RECEIPTS Even higher increases will be " granted by OPA on more expensive cars, the spokesman said. IN NORMAL Clothing prices will begin to climb

sharply this fall, according to OPA. The increase is due to a new pricing

Price. Boost will’ be. granted on 0900 Hogs, 1200 Cattle Come in Early.

practically all textiles to reflect the highest prices on raw cotton and $i Wool plus average reconversion costs Receipts at the local stockyards ie and 1939-41 profits. 2 OPA estimates that the average l0day continued about normal deincrease in textile prices will be|spite yesterday's $1.50 price jump around 20 per cent. which broke a 27-year record on Most foods will return to the June! 30 ceilings except those which continue to be decontrolled—milk, | Yalled early today, grains, poultry and eggs. The agency| Early shipments were 6500 hogs, expects to act immediately to reflect| 1200 cattle, 1200 sheep and 500 higher grain prices in higher ceil- calves > : ings on bread, cereals, and other . it items made from grain. A number A of minor food items are expected to

GOOD TO CHOICE HOGS (4535)

given them by OPA before June 30.! Medium

250- 550 pounds ............. [email protected] Decontrolled Items Sanghioe Pipe

Most industries can come in for Medium to Good

A number of. items will be| 900-1100 pounds . decontrolled. These items will in-|}}30-1300 pounds .

OPA does not Plan to “bail out”| Soo. 906 pounds ........... . [email protected] businesses .that bought many items Cows (all weights

GS Hi TIANA ir A A SRE

at thee, i rrr hie CALVES (400)

PROFITS DISCLOSED cpu. “=

Farnsworth Television & Radio Gees ~~ Corp, today announced a net profit| $00-1050 BO oo yyuuens after taxes of $476,190 for the fiscal Megime + year neded April 30, 1948, | Common Stockholders’ earnings were ap-| proximately 20 cents a share on| bing, Wd 1,668,568 shares outstanding, comn- Giod and choice . "8

a share on 1411997 shares out-| SPRING LAMBS

hog prices. A top of $22.50 pre-[

Butchers be Sesoniaiied . 120- 180 pounds RE bas #2] 00d22.00 Meanwhile, OPA will have re- « 270 pounds .... cers 30 ; adjust its Pestaurast prices to allow; 200- 300 bounds ............. 2ReN10 for. the decontrolled items from |Medium which food is made. Many items 160- 230 pounds ............. 21 00Q 31.78 are expected to go up 5 cents, and. mi hi meat cuts probably will go much 0- 300 pounds Nase sninyes [3400 higher. The flew legislation permits] 100 399 pounds ............. j143g20.00 3 8 to realize their cus- 80 400 POURAS ov oeernsiins a1. | 400- 450 A esis tasseine [email protected] | tomary profit rather than the profit| Jo” Teg BOUREE +-oo0 eve " [email protected] |

Inflation-beset Hungary set a world bank note record with its new 1000 trillion (one quadrillion) pengo bill. would have happened if they'd issued 1,000,000,000,000,000 notes of onepengoe value. But there's a paper shortage, and besides, one quadrillion pengos are only worth between $2 and nothing at all.

——————— i ua RE ho UNT 1S CONTINUED ~ Any Ameri ¢! point to the Bridgeport airport ny American may adopt any: FOR SLAYER-RAPIST these ideas free of ra: gay w and then from the East Hartford MINEOLA, N.Y. July 25. U, P.).— must be careful he doesn’t unwit-| airport to their destination. Marjory Jeanne Logan, 26, wounded USL infringe on some American Two other groups of passengers

SEMI-TRAILER TRUCK

PILES INTO CABOOSE

A semi-traller truck loaded with

| | required four wreckers and the same 16.75@19 00 | NUMber of hours to clear the ac-

[email protected] cident scene.

som i increase 90- 130 nds ............. 20.0002.00 Jone King of an to Sider he 230. 380 pounds [email protected] plans to gran Rs: TTLE (1335 on such items as farm machinery! cyoice a a : (above 5 per cent), building ma-| 700- 800 pounds ........ Tee. 19.00023.00 | |. terials (around 10 per cent, hard-|i1o0-1300 pounds iil 18 80@1840 i. ware items (10 to 50 per cent), 1300-1500 Sounds + 19.509325.00 { hewsprint, and pig iron. ad 00 pounds . 16. 15@19

mercial. establishmen locks.| 900- 800 pounds ............. 1025018.95] certain valves, pipe ra and 230 1000 pounds ........o.0.. [email protected]| 2202 N. Gale st, was riding in the

I pounds teesessesssss [email protected] | CADOOSe when the truck struck it.

in the past three weeks well above Good ..... oo 1 ng the old ceilings and are required 10| Custer and common |... agit sell under price control because of Canner .. einen. 6.500 8.00, { the revival of OPA. Undoubtedly peer. "' ‘1 weishin | many will lose money. But as one! Good (all weights) .......... [email protected] | { | spokesman for OPA put 1t—"Price| Geen... .............. 120001450 M “e ++ [email protected] Adminisiratop Paul Porter told all Bedmm 2a common oi 0.50@ 12 00

Good and choice , 17.506 19.00 Comme nand medium .. [email protected]

FARNSWORTH CORP. es and Stooker Cattle —y 120 PT. WAYNE, Ind, July 25~The| 51080 pounds .....:0:010 16.808 1180 ave 1es0guese +r [email protected] essssnssenss [email protected] $500- 900 pounds ,...... cerns [email protected]

50@ 8.50 . pared to an approximate 63 cents Common and medium . 6.50@ 7.50

standing in the pr fiscal year.! Choice closed sorted .... $20.00 Pp evious 1 year | Good and choice ....... . 18.50@ 19.50 } The company's working capital) Medium and good .......... [email protected] April 30, was $6,888,222, an increase Common civees . 12.00% 14.25

of more than 50 per cent over the

preceding year. - LOCAL ISSUES

A Sn SR

APPOINTED MANAGER Dr. William PF. Tuley, former- *8apolis securities dealers:

ios a oti

ager for U. S. Rubber Co. Neuga-| Abents Fin Son pie

tuck Chemical Division, has been American Loan appointed operations manager for| Amer Bite of 4." the company’s synthetic rubber di-| Amar Siete ol B i.ooeev.. 3 vision, officials announced today. | Ayrshire Col com ae.

' + ties,” including members of the Arab Consolidated 8 Industries pid a t ¥ 1 league, to a conference on Palestine Sona Ki an ’

Sukh sv nwars 3 » to be held within the next two Electronic Lab. com : A 8 ayne & Jackso RR pfd 103% 108 months. Herfl-Jones fhe 14 da

: el A pi . i Hook Drug'Co com .......... 2» Ind Asso Tel Co 2 pf ...... 52

Ind & Mich Elec 4'2% pid... 1004 112%

Indpls P & Teoma ........ 30 n lo Indpis P & L 4% pfd ...... 110 113% 108 a

Indianapolis Water pid.

" " Indpls Yar el A com....... 22% ndpls Rallways com cane HB BUSINESS HIGHLIGHTS’ | tavaetors Trinpone™ss oi 30" 3 Jeff Nas Life com veer 18% y 3 Kinga 2 G0 COM «ines. TV 8 . . ngan Co pid . wor M4 1 Morrill Lynch, Pierce, Fenner & Beane Lintoin Loan Co 8% pid... 100 . Marmon Herrington com ..,.. 10% 11% Every night Mastic Asphalt .............. 9% 10%

Monday through Friday Nine Ty ent gg

P R Mallory com ............ 2

WFBM-—-10:15 P.M. |Eus serr ai ind com.

Terre Haute Malleable u chine com ...... United Tel Co 6% ..... Union Title com

American Loan 4)zs 80 ...... ”

Columbia Club 1'%s 5 . . Consol Fin 5s 66 ps oo» Hoosier Crown 8s 66... “”" Indpls P&L 3%s 10 . Indpls Railways Co Asso Tel Co 3s

CheamainclWl | is Ba ST0¢,. 84% 0 8... A000

Ind 7 gh Kuhner Packing Co 4s 54....100 N Ind Pub Serv 3%s 73 ..... 108% 1064 Pub y of Ind 3%s 75...... 107% 108% Pub | 4%s 35

Trae Term Corp 5s 57 ...... 99% 101! H J Williams Ine 5s 58 ” :

LOCAL PRODUCE

PRICES FOR PLANT DELIVERY Poultry: Hens, 4% lbs. and over, Abc; under, 23¢; springs, 4/2 lbs. and over, 22¢. under, 20c; ghorns, 20c; Leghorn hens, 19¢; 1946 springs, 32c; 1946 broilers, 32c; roosters, 16c; ducks, 15¢, geese, 15¢; capons, 6 lbs. and over, 30c; under, 23c. No. 3 poulizy, i less than No, 1, + Current receipts, 54 ibs. to case, 80c; graded eggs, A large, 37c; A medium, 8lc; no grade, 25c. : Butterfat: No. 1, 67e; No. 3, 3c.

TRUCK WHEAT

- Indianapolis flour mills and grain el are paying $1.85 per aa or | 4 ®ed wheat (other grades on. their | . 3 Oats, No 1 (eg Mos or) #8c. corn, No. 2 w shelled, And No. 3 white shelled,

Avail

Nominal quotations furnished by mai. |

ly assistant general sales 'man- STOOKS Bid Asked |

n PALESTINE TALKS HINTED | Bult R Sit Yaa 51d *. ! Bobbs-Merrill 4% LONDON, July 25 (U. P).—Au-|Bobbe-Merrill com ......:.... Hh thoritative quarters said tonight| Circle Theater com ” ‘ Britain has invited “Interested par- | Somwiid Loss 4% pia 04, 20]

Bubner Fertilizer 6s 84 ....... " Ch. Com Bide 41 $1 9 “te Citizens Ind Tel 4%s 61...... 0 a ,

11 tons of aluminum, crashed into

{the caboose of a 4l-car train and | overturned early today at Massa-

chusetts ave. and the Belt railroad. The driver escaped injuries. It

| According to witnesses, the truck, {driven by Irwin Russell, R. R. 18, | Box 416, swerved around two cars

stopped for the train and plowed intd the caboose. Russell was placed

{under arrest and charged with dis-

Train Conductor William Piers,

clude some building materials not Medium farisnnrians Rene 1 gram fu She Jevrkns housiag pro- 1100-1300 Ds (rea RELY i mercial, and industrial items such! 700-1100 pounds ma 11.50013.26 | as some types of air conditioning choice an . + = and heating equipment, mechanical- #00 pounds .....,.. cers. [email protected] : : i ly operated refriger ia ‘com- 1000 pounds ..... a raraes [email protected] obeying a railroad signal.

|The train, undamaged, did not stop.

“THE INDIANAPOLIS TIMES

Newschart shows what

and raped by a bandit who killed

her face and neck.

The killer was still at large, the recommends they not be given back object of an 1l1-state police hunt. as they were after the last war,

Police, describing him as a possible] This patent information is secret|,.nment expenses and receipts for the

: only in the sens h «| current fiscal year through July 23 com- | maniac, warned he was armed and ® e that all Ameri-| y § y

The shooting occurred yesterday morning when the bandit invaded the luxurious, 20-room home of William John Logan, a retired banker, in the exclusive Flower Hill section!™" ) of Long Island and fatally shot Mrs, | Private researchers, engineers and Logan, 52, after she had given him ‘échnicians. the money he demanded.

U. S. SELLS NAZI

THURSDAY; JULY 25, 1948

Bundles for all the World—From Uncle Sam

WAR INVENTIONS

Information ‘Liberated’ for American Use,

By JAMES MI HASWELL Aiumes dpecial Writer WASHING LON, July 25.~Uncle Sam 1s now seiing 1or $1 per copy we lormerly secret plans and

» VA pnotograpns of tliose mysterious J S77 | man-carrying kites the Germans ies 000.000. TH $$ built during the war, ' 7 AY 7 / i" The Germans flew the kites.from 7 4 submarines. The kites carried 7 iY lookouts” to spot ships. Now the _ / by American governments. is holding 7 Zh 7 7% the door wide open for some Amer- 7 M / a J lican sports manuiaciurer to build 7 yy nM — [the kites to fly from speedboats—or Laz Uk a en | autos—for fun. I wr Auto-giro kites are only-one of| In the form of food, clothing, medical supplies and money, the United States provided $536,000,000

(thousands of war-born ideas the| jn relief aid te other countries of the world during the first three months of this year. From July 1, 1940,

government is selling, The Ger-

through March 31 of this year, the U. 8. government's overall expenditures on foreign relief and re

mans made an eggless egg white out| y.piitation totaled $3,305,000,000, of which $2,125,000,000 was in supplies. By July 1, 1947, the total

of codfish which seems to be really] something. Cooks say it is better|{ .. poo distributed. than the real egg white for whip-!

probably will exceed $4,500,000,000, the commerce department says. Picto-chart shows how the reliet

{ping inlo meringues,

The Germans made a gasoline Helicopter Wins

engine which runs without spark-|

plugs. They recorded sound on! Race With Plane

tape by magnetism. They found a| {better way to take the woll off al EAST HARTFORD, Conn., July

{sheep's hide, They built what v : | American dailrymen have long 3 (U. P)—An 85-mile-an-hour

Isought, a continuous butter churn,| Helicopter was declared thes winFree of Charge ner today over a 200-mile-an-The office of technical services is| hour airplane in a 50-mile office~ publishing a cumulative weekly cat- | to-office run from Bridgeport. alog of “war secrets” which eventu-| The Helicopter, a Sikorsky 8-51, ally will run to 100,000 items. | made the run in 31 minutes, The federal government is “ilb- | depositing its three’ passengers, erating” war secrets from two other | two officials of the United Airoffices, too The commissioner of craft Corp. and a reporter, at patents is assembling and classify-| their destination. . ing 80,000 German patents issued Fhe airplane made the trip to during the war. These are being| East Hartford in 21 minutes, but {made available to all comers in the| its passengers consumed 48 min-

{ patent office here. utes in getting from the starting

made the trip in a train and a | The third big storehouse of secret| car. The group traveling by

| patent when he does so.

her mother, was ‘getting along sat-|information which the war opened| automobile took an hour and 35 isfactorily” today at Nassau hos-|up is composed of the American] minutes for the trip. The train pital where an operation was per-| Patents formerly held or controlled; run took two hours and two min-

formed to remove two bullets from

here by enemy nationals. The U, S.| utes.

| alien property custodian has taken over 32000 of these patents, and

U. S. STATEMENT

idm” pared with a year ago |cans didn't have access to it before This Year Last Year the war, Now the alien property Expenses $2,798,851,583 $5,929,758,960 |

custodian grants non-exclusive, roy- Receipts 2.092.565.5905

helping small business, veterans, |Gold

INDIANAPOLIS CLEARING HOUSE

WASHINGTON, July 28 (U. P.).—Gov-

pen War Spending 1,038,102,008 5,234,654,905 |

Soviet Writer Says Russians Could Learn Much From U. S:

LONDON, July 25 (U. P.).—, “I think we can learn a lot from Soviet Writer Ilya Ehrenbourg,| American writers and American who recently visited the United | 2rchitects,” he said, “and even in tes |spite of the shattering level of its States, renewed his criticism today | 1551 productions, from American of racial inequality in the United | cinema producers. States. “We know our shortcomings. We But he said that Russia could! denounce bureaucratism and some “learn a lot” from American | times rudeness and technical backe achievements in technical and lit- | wardness. But we do not denounce erary fields. | them just for the sake of denunciae Radio Moscow broadcast Ehern- | tion but in order to achieve ime bourg’s reply to recent criticisms of provement. Walter Lippman, American writer. “But we have no slave owners “It does not help Negroes that and the question is not whether Lippman recognizes Senator Bilbo!Lippman regards us as people but

{as an evil or that Lippman should | Whether we recognize as people

write articles in New York and racial discriminators and slave Bilbo and his like oppress Negroes | OWNErsS. ) ; Sn in Mississippi,” Ehrenbourg said: | I believe in America’s great “Lippman says that when we| future and I am convinced that Soviet people are capable of know=|S0on the American people will cure ing America's value. and of criti-| this cruelest and most shameful cising our own ‘shortcomings then|0f diseases.” : only will he agree to count us a

real people Me SHA at rs VETERANS HOUSING OE a ag are| PRIORITIES ORDERED

qualities, We have neither hid- | WASHINGTON, July 2 (U. P), den either from ourselves or from 3 : : —The civil production administrae

others our shortcomings. “In America for instance,” he tion has announced it will extend

|said, “it is easier to phone from special priorities assistance te

New York to San Francisco than gheeq completion of 200,000 tems

1,940,879.475 | from Moscow to Tula (120 miles |alty-free licenses to American|Net Deficit 706,285,958 3998.473.985 . 3,127,420, 34 manufacturers — with emphasis on| Sear, Baiance 268.280.108.879 2012.20 388

Reserve 30,260,650,138 20,212,768,744

9 orary housing units for veterans, from Moscow).” p ’ 8

Ehrenbourg said that Lippman. CPA said new triple-powered “will say 1 confine mysealf to priority ratings will be given te technical achievements. No, = I builders of temporary units in cities have already written that I love and on college campuses where veterans are in dire need of housing,

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