Indianapolis Times, Indianapolis, Marion County, 14 November 1946 — Page 30

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_THURSD. Tur Page

THURSDAY, NOV. 14, 1948] ||

ine Months |

Hogs Move Actively Here; "ae 1 ~~ | 6000 Received, Gain 50c

Hogs moved actively at the Indianapolis stockyards today as 6000 receipts gained 50 cents. Caws regained yesterday's losses while vealers were fully 50 cents higher. Slaughter sheep and lambs gained a like amount. Other receipts were 11,050 cattle, 450 calves and 12,025 sheep, *

SEE A

; HRS Cy % : 5 GOOD TO CHOICE HOGS (6000) | : Butchers pounds pounds pounds pounds pounds pounds pounds por nds pounds pounds

Slaughter Pigs Medium to Good-— 90- 120 pounds

CATTLE (11,080)

140 [email protected]

Choice | 700- 900 900-1100 1100-1300 1300-1500

pounds pounds pounds pounds

23.006 30.00 +» 23.506 30 00 + 24.006 32.00 + 24.00 32.00

25.00 [email protected] 25.00 a

pounds pounds pounds pounds

Medium — | 160- 22¢ pounds | |

——————. ————

veo 18.006223.00

Packing Sows Choice-~ pounds pounds pounds pounds

11300-1500 | Medium 700-1100

. 19.504 24.00 | Good to 00 23.506 24.25 pounds

. 14.506 10.00 pounds

+. 15.006 19.00

pounds . 11.50@ 15.00 pounds 23.250 24.00 | H pounds ....e “eansas [email protected] | 3 pound:

. 22.50 27.00 pounds

[email protected] 21.006 23.00 Good 600- 800 800-1100. Medium-— 500- 900 Common 500- 900 pounds ............ 11.50@ 14.00 Cows (all weights)

Indiana Stocks and Bonds

Nominal quotations furnished by dianapolis securities dealers:

STOCKS

pounds

17.506 22.50 pounds

175002250

pounds [email protected]

In- | *Pub Serv of Ind 3'2% pid .. | Ross Gear & Tool com | 80 Ind G & E 437% | Stokely-Van Camp pfd ...... { Stokely-Van Camp com ard { Terre Haute Malleable {U 8 Machine com .. ‘| United Tel Co 5% . Union Title com

99's Good Medium

Cutter and common ... Canner .

[email protected] 12.752 14.78 9.757 12.7% 6.50@ 9.78

Asked Bulls (all weights) *Y I Beef Good (all weights)

,|8ausage—

Good Medium . Cutter and common

CALVES (450)

Good and choice Common and medium ...... .iCulls (75 pounds up)

and Stocker

BONDS eensnens [email protected] .«+ | American Loan 4!2s 60 «+. | American Loan 4!as 58 . | Buhner ' Pertilizer 5s 54 {Ch of Com Bldg 4'as 61 | Citizens Ind Tel 4%s 61 .... Columbia Club 1'as Bs Consol Fin 5s 66 Hamilton Mfg Co 5s 56 Hoosler Crown 58 56 9 : | Indpls Brass & Alum 5s 56.... 97 Indpls P&L 3%s T0 ?| Indpis Railways Co 5s 67 Ind Asso Tel Co 3s 75 ... Investors Telephone 3s 61 Kuhner Packing Co 4s 54 :{N Ind Pub Serv 3%s 73.. Pub Serv of Ind 3%s 75 Pub Tel 4%%s 35 ..... .. | Williamson Inc 5s 55 ... . | Trac Term Corp 5s 57

NEW FIRMS AND PARTNERSHIPS

Meridian Household Co., 2153 N. Meri-!Gond and choice .z|dian st. Household goods, etc. Sylvia yj qium and good 110'5 | Marcus, 5332 Kenwood; Sol Roth, 5314 Common 18!; | Winthrop. | E Sh | Globe Identification Bureau, 241 E. Ohio Ewes (Shorn) 25 |[st, Personal service. Frank L. Schutt,|Good and choice ... 4115 510 Middle dr., Woodruff Place.

Chakrassirsraens cernne 14,[email protected] 12.00@ 14.00 [email protected]

27.00G29.00 . [email protected] 12.50@ 17.00

Feeder and Calves

Cattle

Y , | Cholce—

«ve 186.50017.58 . [email protected]

1.59

. 12.50@ 14.00

pid » Saan pounds Fears More Shortages

. 14.00 pounds .

es 14.00

500-1000 pounds Common-— 500- 900

pounds > SHEEP (12,025) Lambs Choice (closely sorted)

10.00012.50

will be a

said,

Indianapolis,

|Common and medium

Living Room Ir

Strange Secret

Hits Oil Treaty

Plans to place foreign trade under governmental control through | the social economic council of the United Nations are a “dark spot” in the oil industry's future, Mr. Pew said.

Suggests Four Points Pointing out that the relationship between organized labor and its constituents offers a key to management, Mr. Breech suggested the following four points be considered

of the

Item Pot. + Admissions ‘ 20 Use or lamse of seats or

Sabaret charges .....y

ub due; ah Initiation fees .. Jewelry .... 10 10 10 10 light bulbs and ubes .. Long distance phone calls | over 24 cents Domestic telegraph, -and-radio Leased wires Wire and equipment service Local telephone service Billiard and pool tables, each . Luggage

Bectric There is a famous painting called “The Light of g the World”. It shows Christ knocking at the door

of a humble dwelling.

cable

When the artist, Holman Hunt, completed it, a critic turned to him and said: “There is an error in your painting. You have forgotten to put a latch on the door.”

“There should be no latch on that door,” said the artist. “It is the door to the human heart. It can be opened only from within.”

‘THE INDIANAPOLIS. TIMES 3 Jo W a = we “i $ CHICAGO, Nov. 14 (U. P.).—Alfred P. Sloan Jr, chair- Official Says. —~— avoided. Mr. Sloan told the | $51,600,000 in the first nine months ltute's annual meeting last night|g. Breech, Ford executive vice presiT Aerial Photo. {have advanced to a point where | a Ford official volunteered any in- imes Aeria oto . 3 | Medium pret J llowing an inspection trip by high company officials yestérday. | "2504 markets.” | Usuelly, approximations of profits Chicago following pec p y g pan) 250-580 By ALBRO B. GREGORY | Mr. Breech, spoke to members of | lican tax experts believed today the a straitjacket, of government Con" |. i jealers and sales officials from Times Foreign Service |dia will permit American lines to [Agents Pin Corp com dia and the United States today and Pacific services. American States cl A ephone Service, luggage, liquor and ship between wages and prices Is| xpla Am, | | Boos Morsili, 4 ave sulted despite three price increases. iCes. |S. than ever before. fe ra om right elimination of excise levies but some may have increased in relation tion of possible tax rebates under India has signed with any nation, weeks’ negotiations between the In- |Consolidated Industries com .. {Pt Wayne & Jackson i nority However, had results for the nine passengers from any foreign stop | Truman with the rank of minister. | hos Asso Tel Co 2 ptd Rep. Harold Knutson (R. Minn.), Yeon ’ rer senna — Indpls P & L 4% pid ... : “Pur ¥ 5, NOW rent- wi e been $32,000,000, Mr.! The terms will enable Pan Amermittee in the new congress, said ex- Further denrands, now appa would have {indi Water 3. 4 tom i 1City. t; Robert L. Hill, 5020 W. 15th y for still further wage increases,” he he added. After the war, Ford and the Transworld Airline to use 19 le ipent; Stones Kingan & Co pfd for next year. I Herbert. E. Hill, Robert L. Hill, Marjorie Marmon-Herrington com “quickie” measure after CONBIeSS cy.ipac hence further shortages, and loss of about $35 million with that ready at Bombay, all aircraft from anapolis; dissolution. {N Ind Pub Serv 5% . : % North Street Realty Corp, Laundry com retro- ae vi “his rity to rate in Income taxes. The cut would be retro Mr. Sloan said that a “rapid ad-| Gambled Millions This authority to ope 000 a year. : ment” appears at the moment “to hoped in so doing to get in there taxes and administrative sections of pags a production team that could do next year, back to Oct. 30, 1045.” He said that! “And the company did get jtself effective but his aides said it prob- increases are imperative,” but “we that it would lose, after the proThe only wartime excise tax re-| Mr. Pew, who is a Republican fooling. The Truman administration has|the federal government have been manufacturing improvements. And they are in effective barrier against | ‘see the opportunity of establishing great many things that we would the 20 per cent tax on theater ad- [tional treaties and agreements de- of America and in the opportunijewelry tax returned $223,342,000, said. (operation of our employees, that Comparison Given’ are applicable, together with the be the levels to which the taxes posed Anglo-American petroleum! ONE: With “too much isolation” Fax feat becaues it would provide for a Must be developed who can “underindustry throughout the world. {cannot have an ‘officer caste’ in our terior J. A. Krug: - “I do not believe | TWO: Corporations should drop {to ‘take over’ the oil industry. or | “leadership.” {livered by Ralph K. Davies, acting people at all levels of government. 12 months to working with govern- | ; 10 enced, well-informed citizens who vators are paying $2.03 per bushel | FOUR: Vision — goals — should and No. 1 white, $1.34 per bushel. oats, ing Nov. 12: mass distribution will be met py jy % corn are unfavorable. Corn picking : { SILVER FIRM AGREEMENT

. . 3 PRICE HIKES Montgomery Ward fo Submit Bid on Fall Creek Plant \ t x x ® Meh , & ’ FAIL 10 HALT Period of Adjustment Between Wages and Prices Company Still Has Faith in Forecast as Unavoidable. | Future of America, man of the board of General Motors, says that a business| ;eppERSON CITY, Mo. Nov. 14 “pacession” to adjust wages and price apparently cannot be (U, P).—The Ford Motor Co. lost . y oo. [Of 1946. . INCOME LUXURY American Petroleum insti-| pic was revealed today by Ernest ' Juat «posts sand hence selling prices dent and director. X OUTS SEEN —in many lines of production—| Seldom, if ever, before today has : é ' Bidding is expected to be brisk Nov. 20 at Cincinnati for the big Fall Creek Ordnance plant at 21st TA FE es ab ar Ta Serriation dbout the, companys st. and Northwestern ave. Latest to announce that a* bid will be submitted is Montgomery Ward Co, of | 430-¢ Expect Excise Reductions 10.1 another speech before the-in. have been obtained only from statis- SN . . : : ; . {stitute J. Howard Pew, Philadelphia, tics filed by the company with the U S -India Air Pact Paves Become Effective July Ist. president of the Sun Oil Co, Massachusetts commisisoner of cor- | . . |charged today that proposals offered | porations. | . BE Way for Round-World Flight United Press Staff Correspondent Mies he Re le become the Missouri supreme court and the| ay or oun - or | S WASHINGTON, Nov. 14 —Repub- ons, organtz . state assembly, civil leaders, nearby “wl Po : : nN Agents Fin C fd new G. O. P.-contiolied congress oy ls Somestic any mia Dearborn, Mich. Kansas City and NEW DELHI, India, Nov. 14—In- [connect with existing EUropean | American States pid would set July 1 for sharp reduc- national trade St. Louis. Pe : : ,_'L 8 Ayres 4%a% pfl in the stiff wartime excise Mr. Sloan said that “the attain- : {signed a bilateral air transport] For Indians and Americans in|Ayrshire Col 'com Mons n such things as jewelry, tel- ment of a sound economic relation- | Had Three Price Hikes lagreement. It paves the way for |india ‘this makes possible much Belt R Bk Yds com taxes 0 The huge loss, he explained, re- American round-the-world air serv- faster communications with the U. Bobbs-Merrill 41a? {the real problem of the moment.” i 3 travel fare. p i , ; h lica- first that| Settlement was reached after six Circle Theater com Present plans don't call for out-| “While the purchasing power of | The loss was before the applica-| This agreement is the firs at| | By six | Clicle Theater Som. id utback to pre-war levels. In to advancing prices, that is not true, the carry-back provisions, which It follows the line of the Anglo- dian interim government and an | Consolidated Thi log a © es. that would mean & 75.as to others” Mr. Sloan said. “And | cannot be determined accurately American-Bermuda pact and af- American delegation = headed by Delta Blectfic. com. Sore ot reduction from present in all probability the favored group until the full year's operating re- fords full fifth freedom rights. Brig. Gen. George A. Brownell, per- | Re represents a relatively small ‘mi- sults are known. | Aircraft will be permitted to fly sonal representative of President nerf-Jones o 4 pid I 3 p ; : . ; s s|Ind & Mich Elec 4'2% ho will be chairman of the tax-| | months represented. Speialing ioe igo india and from India to any | CoPYTEn, eG bY INE INY News, Toc. |Indpls P & L com who . sults for all of 1946, the loss still foreign place. — j ® 1d. writing house ways and mesre 4 | INCORPORATIONS |indiansgols Watsr oid ] ly in the offing and rapidly taking Breech said. - ican Airways to operate through |————- ATS IE Nat Lite com size feduetions voile ae definite form on the part of labor| The deficit came as no surprise, Karachi, New Delhi and Calcutta| Forest Hill Corp, 1001 Main, Speedway Kingan & Co com the second 0 a st.. Indianapolis; 2000 shares of $100 Par| Lincoln Loan Co 5'as »fd.... said, “will lead to another wave of told its employees 1946 operating Bombay and Calcutta. : . |value: real estate business; Effie C. Hill, | Lincolln Nat Life 51a nid. The first, production interruption through results probably would restilt in a' Until an isolation hospital - is McCoy. MASEIC ASPRAI sr ove Kamore Robes, Inc, of Indiana, Indi- | Natl Homes com meets Jan. 3 for an immediate 20 another advancement in the prices amount doubled if a wage increase the west will enter India at Kara- "navies Engineering & ‘Equipment €orp.,|N Ind Pub Serv com ... per cent reduction in personal in- of goods and services.” should be granted. chi. Indianapolis: dissolution. P R Mallory com . dissolution. *Pub Serv of Ind. comr active to Jan. 1 and would reduce ;uctment involving a more or less treasury income by some $3,500,000,- _violent, through temporary, shrink-| ‘‘The Ford Motor Co.” Mr. Breech age of business volume and employ- Said, “gambled millions because it N ion Cut " See No Corporation : ~~ 'be unavoidable as the prelude to ahead of competition with the best The second will deal with excise gigpilization on a sounder economic Production team in the industry— the present tax laws. No reduction ge charged that the cause “of our its part to pull the company out of in corporation taxes is contemplated existing economic confusion goes any financial hole.” Mr. Knutson did not say when he on that day a contradictory na-|into a hole. When management expected excise reductions to become tional policy proclaimed that “wage told its employees last December ably would be with the start of the must, above all else, hold the line Posed Wage increases, something new fiscal year next July 1. on prices.” like $65 million in 1046, it wasn't pealed thus far was the $5 auto use party leader in Pennsylvania,| “Of course, we have had to defer levy. It was abolished last July 1.|charged that “too many men” in!large expenditures for much-needed been reluctant to undertake early attempting to force collectivism|We are going to have to earn back reduction of excise ‘taxes on grounds upon American economy. They now these losses before we can do a inflation. | such a system in this country like to do. In the fiscal year ended last June, through the rear door of interna-| “But we have faith in the future missions alone returned the govern- | Signed to weld us to the collectivism ties in a keenly competitive sysment $415,267,000. The 20 per cent |of the remainder of the world,” he tem. And, with the continued coand the 15 per cent levy. on ,pas- | | faith will be Justified.” senger transportation, $226,749,000. r The following. table shows {tems and services on which excise taxes amount of wartime tax and the pre- : y war tax. The latter probably will, He urged a re-study of the pro- by leaders of corporations: will be pared by the new congress: agreement. He said he would exert 1 business and industrial manageWartime Pré.War €VEry effort to bring about its de- Ment, top men in any company Tax 10 |“super-state cartel” constituting na- stand thoroughly the men who are , |tional socialization of the petroleum |'0 Work under their leadership. We i | Earlier, the institute heard a industry. We can't have brass ! |Istatement from Secretary of In- | hat-ism.” \in, nor.would I support, any pro-: the word “management” from their {posal forthe federal government thinking and substitute the word the gas industry.” THREE: Businessmen should Secretary Krug’'s message was de- spend more time working with tdirector of ‘the oil and-gas division Company executives -should- give & oS of the interior department. per cent of their time in the next| $10 nent people, “not as opponents -or o cd— FARMERS HAMPERED proposals, but as honest, - experiTRUCK WHEAT : BY WET WEATHER want to make a contribution to the! Indiadapolis flour mills and grain ele- | public welfare.’ for No } Ted heat jones Spades on Dun merit The crop report for the week end- never be forgotten, so that the | Boating 34 POC off Betis Jeane. oats. problems of mass production and No 2 yellow soybeans, 14 per cent mols- | Wet ground prevented extensive — | plowing. Conditions for drying late 'N¥OuBh mass leadership. to date varigs widely. In some areas Listen lo it is as low as 10 per cent, in others ' WASHINGTON. Nov. 14 (U. P)

as high as 80 per cent, The federal trade commission Husking and cribbing made good said today that the International progress. Wheat is making excellent Silver Co. Meriden, Conn., had progress and the tallest is about agreed to cease advertising Royal three inches. Sowing of wheat con- Danish” silver without specifying tinued in southern Indiana coun- it was American design and ties. manufacture, ° Late gardens continued to bear m— Combining of soybeans was done 4n| SYRUP PRICE HIKED fore ani er ime on | WASHINGTON, Nov. 14 (U. P) Bi ~The OPA announced today that Meadows are generally green and | A . ow ow ; pastures continue to improve. |retall prices on cane syrup will go fup 1 cent for the most popular sized can. The producers’ ceiling has been raised 10 cents.a Georgia gallon, effective immediately, to reflect. parity. y

“BUSINESS HIGHLIGHTS”

Merrill Lynch, Pierce, Fenner & Beane

Every night Monday through Friday

WFBM—10:15 P.M. 4

BUSINESS DIRECTORY

we' " “Upt WATCH REPAIR modernization Pony botany, pd Prompt Guaranteed Service

ing business as usual! Pay us a visit! FREE ESTIMATES — % Hamilton's — Alinson Jewelers

DIAMONDS 4 WATCHES 1 Monument Circle APPLIANCES HARA

19 EAST MARKET ST.

Sometime, during the next few days, there will be a knock on your door.

ani It will be a neighbor soliciting for your Community Fund and its Red Feather services. When he calls, we hope your door will open wide for him. We hope, too, you will 6pen your heart and give generously.

It means se much to so maay,

LOCAL PRODUCE

PRICES FOR PLANT DELIVERY

Hens, 4'2 lbs Leghorn hens, 1946 broilers and roosters, 3c, roosters, 16¢c; ducks poultry, 4c less

Poultry- { under, 20¢ | springs, riers, i Leghorn Eprings, 26¢, - 10c, geese, 10c; No. 2 eee | than No. 1 { Butterfat: N ie, N 2 | Bees: Curren

[ REROOF Now fit" i.

rade medium, | B large, Immediate Application |

and over, 24c

20c¢;

Share J

“INDIANAPOLIS COMMUNITY

. \ This Year | Expenses § 13,139,215,060 § 29,987 ,094,313 Receipts 12,110,681 183 14,112,216,225 . Th" { Deficit 300.533,008 18885774 088 3 ay Th ou i 6,206,647,970 12,800,542, 7 of MOTH HOLES—BURNS (oh Bal 202.954 305.682 ; or WOR rons Public Debt 261.086.306.086 362,054,383.69

——

Barrett ne. APPLIANCES-FURNITURE

~5440 BE. WASHINGTON ST. 1054 VIRGINIA

80c “ 10 Case 36¢ 43c,

grade 40c, no grade, 25c

U. S. STATEMENT

ACHIEY YEARS

WASHINGTON, Nov, 14 (U. P.).—Gov-| {ernment expenses and receipts for the

current fiscal year through Nov. 12, com. [re ————————————————— PATS With year ago

PII CTR

VE [3

APPEALS IN] —

“*

INDIANAPOLIS CLEARING HOUSE CIAFINER. wasnsssss aun sesnses 3 0088000 DODIAS rags iossessesnsnsscorers DOEA000

§ >