Indianapolis Times, Indianapolis, Marion County, 21 October 1946 — Page 22
} OF ST
X
is the Jast of
America.
By 8. BURTON HEATH NEA Staft Writer
a
~NEW YORK, Oct.
* te pre-war production of consumer goods.
3
jersion Paradox Shows Industry Making Products Than "41 Rate, Current Levels Behind Demands, four dispatches in which NEA's expert on
y of and’ business gives you an objective report on what
J 21.—In spite of the serious damage “done by strikes, American industry is rapidly getting back
‘Indeed, in many important categories it is far exceeding the best it ever did before Pearl Harbor. That statement may bring incredulous snorts from mil-
Ss
{
strikes
right) Ernest A, Crane, Hartshorn, Metropolitan Life Insurance Co,
Association of Life Underwriters.
~ lions who know that there are yery few things they can walk into a store and buy without d elay, substitution and much haggling. But it is based upon specific production from - the civilian production administration, office of war manpower and reconversion, industry itself, and there is every
vacuum cleaners, heaters,
liquidate.
Yet in August, Detroit turned out _ passenger cars at the rate of 2,800,000 a year, which is only 850,000 behind the 1941 output. Does your dealer laugh if you ask when you can get delivery on a washing machine, a vacuum cleaner, a gas or electric range? He may have only display models,
Overall, it is
manufacturing activity, was at an all-time high for the season.
than in the comparable weeks even
more cars in usable condition.
Unions Hold Wartime Gains
Never before were so many men |In Santos. and women employed in the manu-| Brazil facture of consumer - goods—four [worth of coffee millions more in August than in|per cent o July, and 13 millions more than in [United States. 1939, plague, growers
Labor unions had held most, if not all, of their enormous wartime gains, with the American Federation of Labor alone boasting more than 7,150,000 dues payers, And wages were away up. They . were up enough, in most instances, to more than offset the effects of post-war shifting and loss of overtime.
Remembering the decrease in income takes, the take-home pay of all American workers in every form . =‘incomes payments to individ- . yals"—had climbed back to exactly match the highest net spendable income in all this country’s history, the $142,000,000,000 rate set by the
the south. Fields in the
There is still
country. Copyright, 1946, by
Why, then, is it so hard to buy things that are being produced in record quantities? .
Because of the pent-up wartime and the dammed-up war- NL 4 OR
time supply. Because dealers’ shelves, all the 1 way back to factory warehouses, | "+ were empty. y Because this current high production is just getting into swing. Because there is no backlog of
|
a dozen or a hundred customers
as collective
Sn Vo ‘this } of
industry has achieved enormous production in spite
ma~
rimination against and inter- Receipus 5 10,954,005, 414 12,332,620,022 ce with union organization ac- eft or Surplus.-. Surplus 44,488,101 Ev The firm was advised to Deficit 13707 584,535 ery night
There is a backlog of unfilled orders for fractional horsepower motors that would require 21 months, at the August production rate, to
. Great Achievement And fractional horsepower motors _are essential to the manufac-| po U. S. treasury has made only
lead, coal, electricity, transporta-| tion and electrical goods industries | MO"° than 8,000,000 ounces. that .are basic to manufacture, is properly hailed 85! time authority to sell silver hoisted |
not enough in post-war times, | Increase Reflected b doubtful whether| hig increase was reflected almost | RDERS PUSHED the August output rate, in most|;,meqiately in U. S. commercial
food crops in _the southern part the country #nd
flect on gs, which re-|,.4 advanced far % the Sh wi a ray materials | enough north to R32 supplier t0|anter the south- i ’ and manufactured goods from western fringe of § w , were higher|¢he rich coffee- ; years, producing area : I greater a have by late last week. But serious dam-| age to Brazil's most important ex-|of silver in it. Hence, about sixport industry has been averted, ac-|tenths of an ounce is used. in each |shortage cording to experts both here and|goliar.
exported
f which went to the ago as 1936-<post depression — the
about new price increases but coffee men have now relaxed. Newspapers throughout the country are now displaying cartoons of | dianapolis securities dealers: locusts dying from influenza and
‘ Bid Asked | Mr. Johnston was named Saturdrowning, Tons of the grasshop-|Agents Fin Corp com........ ™ ....|dav by the 600 fath Rye pers are reported dying hourly in| Agents Fin Corp pfd...... L119 ... | day by the athers of DePauw : American State pla o 33 25 [students who convened here. Other |*L, 8. 12 3 officers were i 0 - southern state of | or 3. Avise hae pid re Merritt Thompson, In
Para, one of the worst hit, covered with the dead pests and| comparatively few are still in flight.
Chemicals are due to arrive here Circle Theuter som. Yo ny _— i this week from the U. 8S. in case v a A io com \ ; of further trouble as Tacos Consolidated nausiries Dd ah al WARNS OF LAYOFFS were found of little help in halting | Delta Electric com ......... 14% igia | IN SHOE INDUSTRY
the locust advance.
first three months of 145 when fed- |farmers, to replant some crops in- ind Asso ei Co 3 pid. ll! js #1 lesuse ol OPA's decision lo retain eral spending for war materiel was|cluding most of the destroyed 1nd & Mich Elec 4¢fa%- pid 1014 1004 price ceilings on hides and leather v C , ee . - 3 at its bloated peak. wheat, and most of the damage |indpis P & LA pd 108 112 me Amprican) hoe jdusiry faces was done in remote sections of the |Indianapolls Water pid..... 100, + {its most critical period yet” T. rr 2 : Fmpty Shelves \Indpls Wate! SA 5m 2 15, | Kenyon, Waban, chairman of the
and The Chicago Daily News, Inc. “ingan & Co pt 11100 g6 | Mr. Holly said hide dealers were : incoin Loan Co 6% pfd . ..100 0 y i ea {Lincoln Nat Life 3% pid .... 10 q31, {holding their. reserve stocks in an- | Marmon = Herrington com..... ’ | ticipation of the lifting of controls.| ase A a : | “OPA’s decision,” he said, “may : N Ind Pub Serv 5% . 0 mean shutdowns and layoffs everyn u rv com ... “ wrm—— - |P R Mallory com . 2 24 FOUR INDIANA PLANTS: = Laundry com.,..... 3% 26 TRUCK WHEAT Pub Serv of Ind com .. ves 38%, 38a WASHINGTON, Oct. 21 (U. P.).|Pub Serv of Ind 3ia% pid ... 81a 100 | “qi niioiis flour mills and grain ele oss Gear Tool com ws 32 r mills and grain ele—The national labor relations board |g, 1nd G & E. 4.3% pfd .... 109% 112% |Vators are paving $1.05 per bushel for No today issued directives affecting yan Sup 2H x 1 lye wheat other grades dn their merit): - x ras iss | . y yellow shelled, $1 four Indiana manufacturing plants Terre Haute Malleable 7 $Y | bushel, and No. 2 white shelled, $1.85 Ld and their employees. | US Mashing vom, 2's 2%, | bushel; corn, new, No 2 yellow, $1.22 per The NLRB ! Te i bushel, and No. 2 white, $1.37 ,per bushel; e certified two unions|Union Title com .. esos |Onts, testing 34 pounds or better, 75¢
pling one an F for first ordered an election at one plant,
and ordered another firm to halt|Buhner Fertilizer bs 54 ...... interference with union activity.- ! The United Automobile, Aircraft Columb
strikes, can it be sald that strikes and Agricultural Implement Work- tamton Mig Co $5.58. .¢s sito] Poultry: Hens, 4'z lbs. and over, 6c: | the biggest single reason for ers (C. I. 0.) uni tified Hoosier Crown 5s 56 same d ve.. |Uunder, 2lc. Leghorn hens, 2lc; 1946 | of goods and the threat «LQ. on was cer 1 BS | 1napls Brass & Alum 5s 56... "* | springs, friets, broilers and roosters, 30c; | agent ior em- | indpis k Vas 70 ‘hai 0 | . ; roosters, 16c; ducks, EE nt thie ea. |collective bargaining agent for em- |indpls E&L $s 10, A Or Oo." poultry. 4a ov | ’ . ployees of the American Foundry PA Te a BN. 9 than No. 1 : No. 2 pouty, le less { Co., Indianapolis. The A. F. of L.|Investors Telephone 3s 61.... 9 Eggs: Current receipts, 54 Ibs. to case, E Kuh ‘aa wees [430 ade A 1 , Sec; . : Motors Wanted Teamsters Union was certified at Ning pub sert She A 107 sma, 3c; ude \arge, Fog u y ‘ \ i it had not been for jie inde Air Products Co., Indian Pub Tel dias 35 Ta 10% | Buttertat: No. 1, 820'No. 3, Me... “i ] have reached N amson Inc. . sins - of production months a election was ordered. at the| “Ex.cwidend: © "ly r time might well be |Volney Felt Mills, Inc. Brookville, |™ ~ |1nd., on petition of the Internation- U.S. STATEMENT | Listen to named (and |al Brotherhood of Paper Makers (A. in automo- |F. of Li). 3 WASHINGTON, Oct. 21 (U. RB.) —Government expetises and receipts for the
The NLRB ordered the Lindley Co., division: of Morris , Marion, Ind. to. halt
erence with membership
’
ranges and water
FOREIGN SILVER |Vealers Los POURS INTO U.S.
— Steady action in the steer and heifer Government Makes 1 Sale
unchanged from Friday's prices. | Hogs remained steady, with near
WASHINGTON, Oct. 21 (U. P..
GOOD TO CHOICE HOGS (1600)
Packing Sow that con-|Good'ta Choice— war-| 270- 300 pounds
NEW DECONTROL
The same legislation most consumer
; : 22 50623.00 [tinued treasury’'s emergency oo
THE INDIANAPOLIS TIMES : End State Sales Congress
Insurance officials who gathered here last week for the Indiana state sales congress includ Indianapolis, trustee of National Associations -of Life Underwriters; Wilbur W. | New York; Fred H. White, special agent for the Connecticut Mutual Life Insurance Co. Buffalo, N. Y.; Oren D. Pritchard, Indianapolis, Underwriters, and W. R. McClure, president of the Indianapolis Association of Life
ose $1 in Trading, Steers and Heifers Steady
Vealers lost $1 in trading at the Indianapolis stockyards today.
In 2 Months. | opened at close to steady, but weakened late. Receipts today were 7600 hogs, 2475 cattle, 2000 sheep and 700 calves. ll
300- 330 pounds
Choice 700- 900 pounds 900-1100 pounds 11 15 Good —
700-1100 pounds . 1100-1300 pounds . .......... Common-—
100-1100 pounds
WL ae
o «
Re
survey. conducted
Corp. .
ed (left to president of the Indiana State | financial
eee | LIONS, A
irtually| end of 1947, |18 months,
divisions left the market v
normal Monday offerings.
reason to believe that it is true. |ture of even greater numbers of |. coe of silver in the two months) oo Goin 330- 360 pounds rr [email protected] . You think it is hard to buy an washing machines, vaguum, ¢leags since congress authorized the des, 120- 140 Jounds : 433.00 | caso. 400 pounds HR ais , , | ; a2. — automobile? So it is. They're al- gs, ul Jaren, ir Song Stems | PArtment to sell it during- peace- 160. jn Bounds : 33008 n Bi 460. 4% pounds .. 21.756022.25 most as scarce as hen's teeth, and {uni an hy a : 5! {ime to relieve a reported industrial| 200- 220 pounds : 23 80a 3 5 | Medium ) pounds . [email protected] yay be reached. / kee " | 220-2 » . 23.000 23.5 it may be two years yet before you we es b y. 4 | silver famine. | 38 240 ponds © 3300423 25| 250- 580 pounds ... 10.00a31.25 All but can get one. Attainment of pre-war prodauc-| p,.eign silver is pouring into this| 270- 300 pounds 330002325 Slaughter Pigs Orders B tion rates on so many items, in o ce department, J00- 330 pounds . 23 Medium to Good ¢ klog spite of strikes in steel, copper country. The commerce deparunerlt( 33o. 360 pounds ..........e. 33.00 90- 120 pounds 22 00@ 23.00 the end "of . yb "Nis . st 2 Medium— 2 24 listed imports for August alone at 160- 320 pounds . , 21.00@ 22.50 CATTLE (2435)
dal .. 22.00% 28.00 . [email protected]| of the
00-1300 pounds .. 00-1500 pounds .....
a great achievement. But the real significance of the | the price paid to miners from 7.11 | 700- 900 Ponds. ............ [email protected] | portions. Wor hug Bhind min are | CEDLS an ounce to 90.5 cents an| 290-1100 founds Ceremeremens 11.30a22 00 | Pre na ounce, Treasury sells at 91 cents. | 1300-1500 pounds +11 Soa: 00 | " Medium - [email protected]| and about two-thirds expect
[email protected] | ness profits.
mild business expecled by most to accompany a decline in prices, ‘with employment not seriously affected. Of the total surveyed, 53 expected the peak.to occur and the general | price recession to start before the one expected it within while 12 expected it Cows | after the end of 1947.
Predict Business Recession
PRICE INFLATION END IN 47 SEE
Economists Expecting Mild Business Recession.
NEW YORK, Oct. 21 (U. P).~— Many of the nation's leading economists foresee the end of price inflation in. 1947, according to a
by Thomas
Holden, president of F. W, Dodge
The ‘group of 72 non-government | | economists polled included economic consultants and economists connected with business corporations, institutions, land economic research organiza-
.1' The remaining six commented on 22.25 23.00 the price situation without giving pecific answers as to the time when the’ peak of the current movement |
three of the economists who, expect a price recession before | 1947 anticipated the down-swing in commodity prices to) Ibe accompanied by a recession in| 22.00G28.00 pysiness activity, though only one; 50 expects such a business | ,22.00228.00 Boession to assume serious Ppro-|
recession Ww
S.
universities |
|
as |
About half expect buyers’ strikes, | in-| [email protected] | ventory troubles and reduced busi-
TODAY'S
a - a
LE
&
MONDAY, OCT. 21, 1946 RADIO PROGRAMS
4
ee ————————————————— 0 Les Eigart Orch.
1 3 :45 People's Platform 0 i% Les Elgart Orch,
30 Henry
P. ML :00~=When a Girl Marries 4:15=Portia Faces Life
4:30—Just Plain Bil
4:45—Pront Page Farrel 5:00—8ing America, Sing 5:15—News-—Riss, K'gsbury
5
:30—Thomas Herbert
§:45—Lowell Thomas 6:00-Suprer Club 6:15—Hermit's Cave
ing Orch. :45 Henry King Orch,
: THIS EVENING WFBM 1260 . WIBC 1070 WIRE 1430 WISH 1310 (CBS) (Mutual) : (NBC) (ABC) 4.00 Personal Problems| Easy Does It When Girl Marries| Wheel of Fortune 4:15 Rhythm ‘at findm.| Easy Does It Portia Faces Life | Wheel of Fortune 4:30 Rhythm at Rndm.|Easy Does It Just Plain Bill ews 4:45 Rhythm at Rndm.| Buck Rogers Pront Page Farrell | Musical Cocktall 5:00 Rhythm at Rhdm.|Sports News—Mel. Billb'rd | Terry & Pirates 5:15 Rhythm at Rndm.| Superman Melody ° Billboard | H-R Scoreboard $:30 Pearson Time .| Capt. Midnight Frank Parrish Jack Armstr 5:46 Glibert roroes® | Tom Mix-, Sports~Dick Reed | Melodytyme 6:00 Mystery of Week | Pulton Lewis Supper Club Luke Walton 6:15 Jack Smith Frank Edwards World News News : 6:30 Club Royal Henry J. Taylor Melody Box Lone Ranger 6:45 Club Royal Inside Sports Fred Holt—News Lone Ranger 7:00 Inner Sanctum Bulldog Drumond |Cavalcade Anlerica |Lum & Abner 7:16 Inner Sanctum Bullack Divinene Cavalcade America | Earl Godwin 7:30 Joan Davis Case Bk. of G, Hooda | Voice ot Firestone | The Fat Man 7:45 Joan Davis Case Bk. of G. Hood | Voice of Firestone | The Fat Man 8:00 Radio Theatre Gabriel Heatter Telephone Hour Dark Venture 8:15 Radio Theatre = ~|To Be Announced | Telephone Hour Dark Venture 8:30 Radio Theatre Spotlight Bands Victor Borge Show Indpls. Town Mtg. 8:45 Radio Theatre Spothght Bands Victor, Borge Show |Indpls. Town Mtg. A —— 9:00 Screen Guild Speak Up, Indiana {Contented Prog. Drs. Talk It Over 9:15 Screen Guild Speak Up Indiana [Contented Prog, Voice of the Army 930 Bob Hawk Show Popular Batons pr. I. Q. World: Community 9:45 Bol*Hawk Show |Popular Batons Dr. I. Q. Fantasy in Melody 10:00 Giibert Forbes Prank Edwards Fred Holt News 10:15 Sports Music & Milestones| Henry Schricker Songs of the Island 10:30 People's Platform [Music & Milestones| Music You Remem. Ten-Thirty Time 10 Sport Desk Music You Remem.|Ten-Thirty Time
News—L. Diamond Lew Diamond Or, Tempo Review Tempo Review
News—Sportsman Sportsman Russ Morgan Orch.
Russ Morgan Orch.
WLW MONDAY EVENING
6:30~—Hermit's Cave 6:45--News—H. V. K'It'nb'n
7:00--Cavalcade 7:15-~Cavalcade 7:30~Howard B 7:45--Howard B 8:00~Telephone 8:15--Telephone
8:30—Victor Borge Show 8:45—Victor Borge Show
9:00—Contented
of America of America arlow's Or, arlow's Or. Hour Hour
Hour
TUESDAY PROGRAMS WIBC 1070 WIRE 1430
News Variety Hour Variety Hour Variety Hour
9:15-—Contented H 9:30-Dr. I, Q. id
T
3 raw IL Q :00—News—Peter 10:15—Background ia tha 45—Doodlesocker River
odlesockers:
River
11:30-Burt Farber O 11:45—Burt Farber Th
' WFBM 1260 WISH 1310 (CBS) (Mutual) (NBC) (ABC) 6:30 Early Birds * Farm News Dawn Patrol Hoosier Jamboree 6:45 Early Birds Dixie Four Dawn Patrol Hoosier Jamboree News—Uncle Ezra | World News
7:00 World News 7:15 Town. Crier
EH b §
30 Ayres—Gd. Morn. 45 News
115 130
News—Song Mrs. Farrell Mrs. Farrell
45 00 Morning Melodies 15 Morning Melodies :30 Evelyn Wintera
10:30 Grand Slam 10:45 Rosemary
11
:00 Kate Smith
11:15 Aunt Jenny
11:30 Rom. Helen Trent
11:45 Our Gal Sunday
12:00 Gilbert Forbes 12:15 Ma Perkins 12:30 Farm Circle 12:45 Farm Circle
ee — 1:00 Second Mrs. Burton
PNR | er
:15 Perry Mason
A m————— .00 Rhythm and 8ong
45 Time to Remember
J 10:00 Art Godfrey Show 10:15 Art Godfrey Show
Breakfast Devotion News—Congratula's Little Jimmy
Larry Richardson WIBC Coffee Shop WIBC Coffee Shop WIBC Coffee 8hop
Jane Day's House Jane Day's House Crosby Sings Let's Get Married.
Musical Clock Musical Clock Musica) Clock
Musical Clock Dick Reed Mod. Concert Hall Happy Bthdy., Time
Indianapolis Today Lora Lawton Road of Life Joyce Jordan
News Dunkin’ Time Boys News
«| Time to Shine
Breakfast Club Breakfast Club Breakfast. Club Breakfast Club
My True Story My True Story Church Hymns The Listening Post
News—Board Room Tune Tonics Uncommon Sense [Victor H. Lindlahr
Up to Minute News Coke Club=—Downey Easy Aces Farm Bureau
Larry Richardson You Take the Mike Dixie Four John J. Anthony Cedric Foster Meet the Challenge Queen for a Day
Today's Band A. Van Damme Qt., Dick Reed—News
'Round the Circle Linda's Love Hearts in Harmony
Fred Waring Tom Brenem Fred Waring Tom Breveman Jack Berch Home Bditian David Harum William Lang Four Stars Glamour Manor Four Stars Glamour Manor Talks- Dick & Guy Talks Jimmy Boyer Tello-Test 3 Baukhage
Luncheon Serenade Kay Reporter Noonday Headlines Catherine Daniels
Catherine Daniels Bride & Groom
:30 Lone Journey . 48 Young Dr. Malone Queen for a Day Editor's Daughter | pride & Groom aa oma———————————————— {| = ————_———————— ——————— :00 Surprise Party Downtown at 3 Hite ga Be Beguutl, Ladies, Be Seated :15 Surprise Party P: M. party Pepper Young Lagies, Be Seated 30 Navy Music . M. Party \ Afternoon Melodies :45 Food Chat P. M. Party Right to Happiness | Geo, Barnes Octet ot a— . + Easy Does It Backstage Wife Wheel of Portune 3:00 House Par) Easy Does It Stella Dallas Wheel of Fortune 3:30 Lady's Notebook Easy Does It Lorenzo Jones Wheel of Fortune 3°45 Melody Matinee Easy Does It Widder Brown Wheel of Portune y Problems | Easy Does It Girl Marries Wheel of Fortune 4:9 Personal ey Easy Does It Portia Faces Life Wheel of Fortune 4:30 Rhythm at Rndm.| Easy Does It Plain Bill News 4:45 Rhythm at Rndm.|Buck Rogers Front Page Farrel) | Musical Cocktall WLW TUESDAY PROGRAMS AM. | 10:00—~Fred Waring 1:30=Woman in White a , re WI 10:15—Fred Waring 1.45=~Church Hymns E30 wo Es Wik, Mit | 10:30—Jack Bere 2:00—Life Can Be B'tiful 7.00—Trail Blazers 10:45==David Harum 2:15~Ma Perkins 7:15—~News—Chamberlain 11:00—~News—Peter Grant 2:30—Pepper Young 7:30—Morning Matinee 11:15—Linda’s First Love 2:45—Right to Happiness
7 8 8
8:30—Editor’s - Daughter - 8:45—Hearts in Harmony
:45—Morning Matinee :00—Morning Matinee :15—Morning Matinee
11:45—Everybody M
9 00—Vest Pocket Varieties | 12:30—Big Sister
9
:15—Lora Lawton
9:30—Road of Life 9:45—Joyce Jordan
| 12:45—Dr.
{ 11:30—News—Mkts. —Ev. Fm.
P. M. 12--Noon Fifty Club 12:15—Pifty Club
Malone 1:00--Guiding Light 1:15-—Today's-Children
's Farm
3:00—Backstage Wife 3:15—~Stella Dallas 3:30-Lorenzo Jones 3:45—-Widder Brows 4:00=-Girl Marries 4:15—Portia Faces Life 4:30—Plain Bill 4:45—Front Page Farrell
3
)
WABW (FM) TUESDAY'S PROGRAM
M. :00—-Walts Musicale
2:15~Dinning Sisters 2:30-Dance Maestro 2'45—~Dance Maestro
3: 00—Matinee Melodies i:15—Matinee Melodies
; 30~Modern Concert } 45—Modern Concert
4:00--U. 8. Army ¢'15—Song Makers
4:30>-Tea Time 4 4:45—Tea Time 5:00—Varieties 5:15~Varieties + 1%5:30~Conce
6:00—News Hall Hall
6:45--Pop Conc 7:00—Dance Ca
Viennese 5:45—Spike ‘Jones
! §:15=Dinner Musie 6:30—Pop Concert : ert
Tunes Tunes
valcade
7:15—Dance Cavalcade 7.30~College Classics 7:45-Trade Winds 8:00—~Songs By Gloria 8:15=~-Pan-Americana 8:30-=Just Music 8 45-—Just Music 9:00--Evening Serenade 9:15—Evening Serenade 9:30—-Symphony of Song
()
MOXDA VETERA AT
Isaac Wool .veteran tour the auspices ciation for tr ored People,
: eeting here ¢ meet dianapolis fzation, will
Phillips ©. M West sts,
Former
* HORIZON 1,4 Picture former U undersec tary of in 10 Play part 13 Was usef) 15 Greek let 16 Sonnet ps 18 Hail! 19 Round pl 21 Row 22 Woody pl 23 Barbariay 25 Ordinal number 26 Follow 217 Speed co! 28 Sun god 29 Hebrew ¢ .30 Exhauste 33 Straighte; 37 Currents 88 Airs 39 Dry 0 Dropped Printing t 5 Club 46 Decorate 48 Poem 49 Bent 61 Earlier 83 Expunges $4 Nourishec VERTIC! 1 Movemen 2 Animals 3 Half an ei 4 Destiny
¢)
”
from miners, who get their highest | were in the works. t price by selling to the government, Despite OPA’'s oft-repeated state- | the treasury will accumulate about ment that no rent increases are 2,000,000 ounces a year. Its one planned, the National Association sale, so far, was of 3400 ounces. of Real Estate Boards announced Treasury spokesmen tend to regard |that-it would continue its campaign that as somewhat of a “fluke.” for an immediate 15 per cent boost The legal monetary value of silver in rents. It is urging early removal is $1.20 an ounce. A silver dollar, | of ceilings. however, has just a dollar's worth| The board said retention of controls would add to the housing by creating a ‘powerful {new obstacle” to residential con-| { The price of silver has reached struction. ‘ $200 million | its present peak from a 19th century |
As short a time CHICAGOAN HEADS ‘DEPAUW DAD’S GROUP
Due to the locust price was 35 cents an ounce, S GREENCASTLE, Ind., Oct. 21 (U. P.).—~Wayne A. Johnston, Chicago,
had been talking LOCAL ISSVES | president of the Illinois Central
Nominal quotations furnished by In- | railroad, today headed the DePauw | university Dad's association,
Mr. Hill
in 1945, about 85 low of 18 cents.
STOCKS
39" | dianapolis, vice president, and Sam | Hanna, Greencastle, re-elected sec- * | retary-treasurer. Mr. Johnston was
8 retiring vice president.
are | Belt R Stk Yds com... ‘eo Belt R Stk Yds pfd ......0 Yeo Bobbs-Merrill 4%2 pid....... Bobbs-Merrill com ... Central Soya com
Electronic Lab com ..... ... 3 Wayne & Jackson RR pid u3 A pid coe 14%
Ft y
9 time, according to |Herff-Jones cl 2. BOSTON, Oct. 21 (U, P.).—Be-
2 | Jeff Nat Life com .... n | Boston show, said today. . )
iKingan & Co com .,..
The Indianapolis Times
BONDS bushel, |
American Loan 4'as 6&0 American Loan 4)3s 58
bargaining agents,
LOCAL PRODUCE
Com Bldg 4'as 61
\
The BREAKAST CLUB MY TRUE STORY HYMNS OF ALL CHURCHES
Ch o Citizens Ind Tel 42s 61 a Club 1'%s 5s
PRICES FOR PLANT DELIVERY |
current fiscal year through Oct. 17, com« pared with a year ago This Year 900 607,228 § 2
“BUSINESS HIGHLIGHTS”
Merrill Lynch, Pierce, Fenner & Beane
Last Year
Expenses § 10, 6,040,207 557
Cash balance 8,108,062.816 Public debt 263,707,170,065 Gold reserve 20,304 234,180
13.856.909.093 | 262,146,077.038 | 20,039,052,270
Monday through Friday
"INDIANAPOLIS CLEARING MOUSE M—10:15 P.M.
BREAKFAST IN HOLLYWOOD
Sid» backlog of Or lines that have equalled or even |i arkets, The day after the bill . ; Reser i: 12.009 15.00 - — trical industry manufactured al- surpassed pre-Pearl Harbor levels, |g signed by the President, a New mo: . 300-300 pounds “ee 22.00@ 26.00 most 30 per cent more washing ma- is oven eoush 3 hold its own-with | yok dealer reported he had “plenty Bakers Bid May Be Denied dona) POURS ......eeii 22.00@ 26.00 chines, almost 40 per cent more : . lof silver.” The bill was passed | ; | 800- soo pourids ..... [email protected] | vacuum cleaners, slightly more gas id industry faces the job nol|,giep industrial users complained Temporarily. | Medium F YOURAS GW ovive rine [email protected] only of doing that but, first, of ; . | 500- 900 pounds 14.00@17. d t ; @17.50 ranges, 20 per cent more electric {that foreign silver was going to . Oct. 21 (U. P.).|Common— i ranges, .sbout 50 per cent more eating up the backlog of demand | per countries where prices were WASHINGTON, Oct. © £71 7500- 900 pounds : [email protected] radios snd about 60 per cent more that has accumulated throughout | jah, OPA wound up for a new flurry Cows (all. weights) electric irons in August than in the the war. dr | Judging by the treasury's lone of decontrol orders today. GOO eyes : i S04 33.0 o average month in 1041. | customer — who remains Uninet Meanwhile, the baking industry Cutter and common oe 80a 12 0 . Mother's nylons all have runs? ! ‘fled except as a “western supplier lawaited a decision on its petition | Bae Gh ies: Three times as many were made in —most silver transactions are being} : ' trom | Bt June as in the average month in |carried on by dealers who trade|for removal of price cel lat major | Shusake (all ‘weights) .. [email protected] Millions of listeners ore 1941, and to give her something to -! almost exclusively in imported sil- bakery goods—one of the a ater Goo 14.50913.50 shirred and informed: by wear around the house there were CROP IS V ver. Foreign sellers presumably are food groups sit Se er was! Cutter and common 100081130 © H E N Y 20 per cent more rayon stockings cashing in on at least part of the| The agricurure v | CALVES C30) R i made for woman than the 1841 ie |price increase won after. a six- | scheduled to act on the baker’s-pe- Good and choice 4 [email protected] o TY L E © mate. - > Rai month battle by representatives of tition today. : : So Al a a Tree 350m alo 0 Rn Industrial Pibd ain, Cold Weather Turn i | Some observers believed it would L1150@i1s 0 o AY ; oi Up a i | domestic miners. 3 | ’ ! Iv.) Feeder and Stocker Cattle and Calves Iw el 2 ar U. 8. silver miners ares fairly se-|be denied, at least temporarily, wt : ° Above all, you. can't get building Back Locust Plague. cure. ‘The Ears must a at|while the department decides Choices =~ ers near Wold Haman cuceioune ent, - materials to erect a new home or th . high i y : of | whether controls also should be re- 800-1050 DO Mantas 20 3 » ave! s . . By ERNIE the new high price, every ounce { Te<| 00.190 pounds .......:ess 50@17. fix up an old one. It's a national ar ERNIE HULL newly-mined domestic silver offered moved from wheat, flour, farina son. 00 pounds... SE dies Mondays Wr Nidan scandal, RIO DE JANEIRO, zl : for sale. land semolina. : 0- ib pounds athe ins es 14.009 16.50 ° \ Yet lumber, brick, cement, gyp-|21.—Rain and cold k Bit oie Had More Than Needed Farina is used in making break- | *560" 1000 pounds .......e.... [email protected] o w | B Cc : ! : a. me. ) i , © the l|fast foods. Semolina is used for CommOt- - sum board, structural clay tile are come 0 the rescue of Brazil's coffee Since enactment of the law, the fas : 500- 900 pounds . [email protected] : the A an Re crop. > | treasury has bought .402 908 ounces | macaroni and spaghetti. SHEEP (2000) ® 6:30 P. M. all leaving a . Threatened by “the worst locust of U. S. silver. During hearings on| OPA officials worked overtime to| Xambs ° ’ . time record pace. !ihe ®ill, U. 8. mint spokesmen said {carry out President Truman's or- | Choice (closely sorted) 24.00 Industrial production in August, plague in 30 years, the crop has’! oi, LU. o. pokes ! . Good And CAOICE .....uirs. en [email protected] @ Presented by month ‘for which ‘overall been saved. they had 225,000,000 ounces of sil-|ders for accelerated decontrol. | Medium and good . ‘ HEL 00 GENERAL MOTOR ne ag m avail a 7 per The 60-by-35- ver on hand. They only needed Ceilings were removed today from | Ec EASE 15.00 o % cent above e 1935 1930 aver- | mile, locust mass 100,000,000 ounces they said, to cover [clothing made by disabled velerans | uood and choice .o..evsoans 8006 900 000 0 000000 age, pd climbing steadil & coinage requirements for the next as handcraft projects, and work Common and medium ........ 7.008 8.00 % oid power vin the destroyed wheat, two years. |gloves made from imported oil- | — A ———— oo .- ’ rice and other At the present rate of purchase tanned sheepskins. Other orders most accurate measurement of ; :
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