Indianapolis Times, Indianapolis, Marion County, 10 March 1947 — Page 10

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) h ‘the Washington office, and a

r Pumpage

“One Million More Gallons Than '45

A net operation profit of $719, (8

957.40 in 1946 after taxes and pay-

wn : "THE

INDIANAPOLIS TIMES ____

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MONDAY, MARCH 1

o.In1

oy 4 rh wa

ment of dividends of $340,000 was ES

reported by the Indianapolis Water Co. today. 7 The 1946 net profit from usu operations was $178,874.04 higher | than the 1945 net of $541,083.36. Added -to 1946 net revenue was a federal tax saving of $320,715.35, which brought total net revenues for last year to $1,040,669.75. The tax saving, effected by the refinancing of the company's: 3'z per cent first mortgage bonds by

licated. Almost all 2 and % r cent bonds, will not| are many and complicated. § i o — : newsprint comes fram Canada: the U: Si took 80

Yeeur, however. . Sets Pumpage -Record The company. established a new, annual pumpage record of 18 — tion gallows last year—the eighth consecutive year of steadily Increased pumpage. Pumpage in 1945 totaled 17 million gallons. “The company listed operating revehus at $3,600,732.10 and expenses, including depreciation, at $1,356,803.42. It spent $415,003.34 to lay 13 miles of water mains and to install oil burners on steam boilers at the Riverside and Fall creek pumping stations.

Hope New Drug Helps Leukemia

Treatment Has Advantage Over X-Ray

By Science Service WASHINGTON, March 10. — Newest hope for a chemical treatment of leukemia, deadly cancerlike disease of ‘the blood, is urethane, or ethyl carbamate. The trials on mice and human patients this chemical gives as good “reSults as X-rays. The tyemendously high white blood cell count

PLENTY OF WOOD—The looking at comes from trees like plenty of trees—but very littl

hands of U. S. newspaper publishers. The reasons

per cent of Canada’s production

it from Canada to U. S. pressrooms, that is the

problem... SFR

“. Zz Oo - = oO 8 + o 2

NOW

WORLD PRODUCTION AND CONSUMPTION

COMPARISON—Long range tause of the shortage is: Consumption up, production down. With world production down, the U. S. needs more newsprint because. of many new outlets demands of advertisers. No new newsprint mills are being built.

paper you are these. There are e paper in the

u. S. in $946. To gét

mediate “crisis +» .Quities.

BOXCARS NEEDED — Relief from present emergency depends largely on boxcars. U.S. is short nearly 100,000 cars toaay. freighting is heavier than expected. When more boxcars are to be had, pechaps by falda then what

Postwar

drops to normal, the enlarged spleen and lympth glands are reduced in size.

in both mice and‘ numaus treated.

Some of the mice, however, held anapolis securities dealers:

the ' improvement for almost two weeks after the urethane treatment was stopped. This is a relatively long time in mouse leukemia, Advantage Over X-Ray

The human patients have been gus a treated too recently for, doctors to Belt R Sik Yds pid

know whether the treatment will

prolong their lives. The chemical Circle Theater com

treatment has the advantage over|

} Q Local Issues Relapses, unfortunately, occurred — -— - —- -

Consolidatde Industries com 12

Nomina! quotations furnished vy Indiq STOCKS Bid Asked Agents Fin Corp com 7 American States ofd ...... 24 5 {American States ¢l A ....... 32 iL 8 Ayres 4%a% pid ....... 108 ' ! Col com crue 330 8 Stk Yds com....... 34'¢ 3 rreena 60 Bobbs-Merrill com 18 18 Ce iral Soya com 38'2 382 ki 80 Comwith Loan 4% pfd 100 102'2

Hogs Off 50-T5c, Steers Gain Here

Vealers $1 Lower, Fat Lambs Weak

traces ta transportation: diffi

ON. THE PRESS—These are one-ton rolls of | newsprint. The Indianapolis Times will use up one of the rolls in just 45 minutes. With advertisers crying for space, many papers have had to ration ads. With newsprint: mills unable to store their : product in Canada, U. S. papers pay premium prices for whatever paper they can get. The im.

Reduced Prices | Seen :

{by the university and the U, 8. de-

ever,”

—————

Special Businessmen's Program ‘Is Set

Times Stale Service BLOOMINGTON, March (Prof. D. Lyle Dieterle of the In{diana university school of business | wilt direct a special prograin for small businessmen in Indiana. The program is sponsored jointly

| partment of commerce.

With New Competition

WASHINGTON, March 10 (U. P.). ~The commerce department said today that business is “on the verge of a period of intense competition” and urged businessmen to begin now to seek ways of reducing their operating costs and selling prices. “There are now more retailers in business than there were before the war and the implication is that the competition for the cons sumers dollar will be greater than the. department said "in a! special study, “Unless businessmen start reviewing their pricing policies now with J & view toward meeting this com- { petition, they may find themselves iaced with making drastic price] changes.” hi

10.—

End'of J. I. C |Brightens Farmers’ Outlook

ase Strike

438-Day-Old Walkout Terminated By 25-Cent Wage Increase

RACINE, Wis, March 10 (U. P.).—The outlook brightened for equin{ment harried farmers today with the end of the 438-day strike at the

I. Case Farm Equipment Co.

Case employees, members of the C. I. O. United Automobile Work-

ers union, voted 927 to 448 last night to accept the'company's latest

offer which included wage increases averaging 25 cents an hour, new grievance machinery and improved . - vacation allowances.

The settlement at the two Racine

.plants officially ended ihe companywide walkout which began Dec. 26, 1945, at Racine, Burlington, Iowa.

‘Rockford and Rock Island, IIL

| plant manager, and Frank Hope at

also indicated an end to the farm ‘equipment shortage which has plagued the nation. +

an announcement

The J. I. Case settlement followed last Saturday

that the International Harvester Co.

planned orice

reductions which

would save farmers $20 ‘million annually. The reductions. the com-

pany said. were . based on

Canning Company ‘At Noblesville Sold

the

Times State Service

premise’ that there > would be no more strikes, no increase in cost of | raw materials, and satisfactory settlement of present contract negotia-

tions

Farm leaders hailed the week-end

developments as the removal of a| major bottleneck that has kept |

farm production cost high.

The Case strike at the Allis-Chalmers farm!

settlement

left

| the |

equipment plant at West Allis, Wis., the only major post-war labor dispute still unsettled. The Allis-Chal-

mers strike,

involving 6500 work-

ers, began April 30, 1946. The com-

~ pany has ‘however, and company officials said _|that a majority of the workers had

returned to work. | The Case strike originally inNOBLESVILLE, March 10.—The volved 3500 workers here, but many Acardia Canning Co. has been pur- of these were wartime employees |chased by Chauncey Craig, Robert in excess of the normal complement, {Craig and Mrs. Robert Craig, all of Noblesville.

Truck -Wheat

Robert Craig will be general man. ————~ iager. Vern Wibel will continue as

Indianapeiis flour mills and grain ele

‘will contract tomato acreage for or

{the piant. The new owners say or better, 89¢ Hog prices were largely 50 to 75 ‘they have sufficient canning sup- 'S0Ybaans 14 per cent moisture, $3.43,

cents lower at the Indianapelis Plies to contract 150 acres of. tomatoes this season. |

$500 Million Spent

J+ |stockyards today, selling at a top |

American military government

rces have spent nearly $500 mil-

lion in Germany in 17 months of occupation, it was reported today.

X-rays that it can be given by Consolidated Industries pid 32 3 : += |Cons Pin Corp pid .......... i .... price of $28.50. mouth. But in some cases it had | Deita Electric com |. 15 ioia |” to.be stopped because of the nausea Preetionic 2 Som BE id 2 7s 3% Steers and yearlings were spotit "caused. Hertf-Jones cl A pid . 1314 Details of the mouse experiments Hook, a teva VB are reported by Drs. Ruby M. Eng- Ind Gas & Wat com 1% 135: lambs were steady to weak strom, Arthur Kirschbaum and, l08 & Mich EL 4% pid -.. 108 11l's : Harry W. Mixer, of the University Indpis P & L 4c ptd .....'108 110%; : . . i J fa a * . 5 of Minnesota medical school, in the maple Water of x con. oy a OUP 10 CHOICE HOGS, 1348) journal, Science, published here. Inépls Raiiways com 13'a 120- 140 pounds ehens $24.00G 24.73 3 < + 4 z Pr 120- s . - A The human patients treated were yh Sm a2 1, 140 160 pounds 24.50% 23.50 Drs. Alexander Haddow, Edith Pat- Kingan & Co pid 8012 832 120. 200 bounds 28 358.23 30 terson, Inez Thomas and Jean M. Yinculs Na: Life $'z pid 582 61 200-200 pounds... ........ 28.254.28.50 Watki : Be incoln Loan Co §'; pfd 100 20- 240 pcunds re rt 28.90% 28.59 atkinson in Manchester and Lon- Marmon Herrington com ila 814i 240- 270 pounds ........... 23.7 4 23 don, England. sult ; fastic Asphalt 8! 9's. 270- 300 unde 27.504 27.75 ngland. Results were re- Nai) Home: ag i 50 TA a 725% 27.35 ported in the English medical jour- N Ind Pub Serv 5°, 107'; 110 330= 360 pounds 27.005,27.25 nal, Lancet, I A Bub. Serv com 1813 19%, Medium — : { Mallory com 41'z “44 | 160- 220 pounds [email protected] ———eee | Progress Laundry com 23'> 253 Packing Sew G : {Pub Serv of Ind com av, acking Sews IL DODDS TO SPEAK {Pub Serv of Ind 3'," .... 8313 98 Good to Choice— {Ross Gear & Too! com “33 270- 300 pounds ....... 24.00@ 25.00 | ANDERSON. March 10 (U, P20 [0G & E35 pid... 10 1:5, | 300-330 pounds ............ 2.00824 30] Y. M. C. A. officials announced to- Stokely-Van Cam comp |... 20 32 '! 360- 400 pounds ........... [email protected] day that Gil Dodds, holder of they a a suit, Maileadle $5 Bl CO) POUHEE oi. world's record for the indoor mile United Tel Ca 57, 100 338. 500 pounds ............ 23.00923.75 run, would speak April 16 at 4 ban Title com . 49 "350-550 Uns. father-son banquet. BONDS | 20. 130 po Bukbter Pigs 18 00@ 33.00 Se ——————————————————— ee. | - pounds . t u S j American Loay 412s 80-200. PT ii} cn CATTLE . (3109) i 4 rican 12 . — . . Statements y Buhner Fertilizer ; 2 . Nn a 700~ 900 pounds . 23 [email protected] | irirpopebei imag “ol |Ch of Com Bldg 42s 61 96 ~.. 1 900-1100 pounds ...,...... [email protected] | WASHINGTON, March 10 o. P.) —Gov. | Sitizens Ind Tel 412s 61 103 .. | 1100-1300 pounds ........ 25.00@ 27.50 | ernment. expenses and receipts for the Columbia Club 2's 5s 88 vee. {1300-1500 pounds ............ [email protected]| Paved wih a es Lush March "com BOE En 38 90 E “55 un pounds A year ago: ' i t 28 95 vee) SH un feireades Bp ge TiAAT jut er |HIMURCMIE CH go se 3] CL seks seiner [1 Bhat FoPenses $26.214,276,022 $47:047,340,503.| yon) rown 5s 56 97 ta. 11100- POURES -Jiiiaes 50/0 25.00 ceints 27.257.791:074 27.991 497891 | pls Brass & Alum Ss 56.. 97 1300-1500 pounds ............ Burplue 1.043.515.051 x19,055,838.112 | [nabis pak 3's 7 108% omg {Medium © © 0 Pubic Debi? 765305.868.495 24.113.342.819 | Ing” Ase met) h0 38,87 «31 (3; 190-1100 WOUBME «r1rrirernsy [email protected] | Gold Reserve 0.300.003 11 “091TH | Investors Telephone 36 61. "98 “sy |Common""""" pking 380,803,174 HALELEN | Runner packing Co 4s 54 oo 98 : 700-1100 pounds ~~... ....:.. AR — pias to Ste aa aa Oa 0 ig ETERS, } eter A TOMI CLEARING. BOSS Ly “ST OL IIS BU Re LT oor: eth : § 8.410 or

Debits

Taxes, Spending and Debt.

Byrd Believes Even VA Can Cut Its Expenses

There Is No Agency That Can't Reduce Costs and Still Serve, He Says

This is the fifth of prehensive and detailed speech on Feb. 19, by Senator Harry F. Byrd Ee — ———————————— .

By SENATOR HARRY F. BYRD

I am anxious In my desire to out

tion's defense. I think, in justice to the veterans administration to ‘demonstrate that on an economical basis, We owe it service at minimum administrative |~ Cost. Veterans pay taxes, too, and 80 will their children, :

requesting 47,000 civilian employees of il of approximately 250,000 scat-

1 ¥ 1947 the total veteran 0 of all war wag 14,341,bre, there would-be one ee to every 50 vet.

United. States |

ns of veterans | . for assist- |

{Trac Term ‘Cor s - I8834,0% <Ex.dividena PhS.

a series of excerpts reprinted the budget delivere

to give every possibl veterans, and especially to those who w

/1t is proper to require the veterans’

the administration of this She a 5 agency is

vide for them reasonable and propThe veterans’ . administration 1s|® ®d and care. when expenditure reduction is so! vital, this agency, as well as_every other agency of the government,

should come under the scrutiny of | co

(single agency of government which anno reduce its ‘expenditures and b ‘a e same time pourse, it is\a recog. | service to the people. There is mol

from ‘the com-

of Virginia.

e aid and assistance ere injured in the na-

veterans to provide maximum

But in this day,

9 , 3 96'3 2, | 800-1000 ‘ pounds | Goo

d in the senate, {

600+ 800 .~potinds ”

mn 600- 800 pounds 800-1100 pounds - Medjumi—

Beef — Good (all weights)

Beusage— COOK rte i. iy i nes 18.50 17.00 Medium oi. a 14.00% 16.30 Cutter. and medium 11.00G 14.60 CALVES (575) ¢ Good and choice . 27.006 29.00 Common and medium .:., . 13.5061 27.00 Culls 175 pounds up) 8.00@ 13.00

Feeder and Stocker Cattle and Calves

| Steers é Choice ul | 500- 800 pounds ............ 12.50% 20.00 | 800-1050 pounds ............ 18.306 20.00 ‘Good — 500- 800 pounds .....ie0.00e 16.506 18.50, 800-1050 pounds .........ss. 16.50@ 18.50 Medium Sy 500-1000 pounds ../.ieiume... [email protected] Common 500- 900 pounds _... is... [email protected] ‘SHEEP (5400) Lambs Cholce—

Closely sorted

ngress. | In my judgment, there is not a

give satisfactory

Good to choice .. .... 26@ 24.00 Medium and good @22.25 COMMON ..%....i0 eins vensd @17.25 Ewes (Shorn) Good and/ choice ken se 6.000 7.50 Common and medium........ 5.50@ 6 C0

King Jewelry Co.

Expert Watch & Jewelry Repairing 3-DAY SERVICE Free Estimates— ‘Reasonable Prices

e All anteed Rin

Gen. Joseph McNarmey said prin-

cipal items in the expenditures from Aug. 1, 1945, were to feed the Germans and to pay the salaries of

military and civil

personnel = as-

signed to military government jobs. The figure does not include the (cost of maintaining the American occupation army of about 125,000

A profit of $276,404.04 after all

The company listed its total sur-

ERR 18.00322.50 | 86 562,627.20 and HASHMI NS ND,

20 Real Silk Declares

. [email protected] | plus at the end of 1946 at $3,167,203, after payment of stock dividends! [email protected] [totaling $240,000. | The company listed its. assets as | its liabilities at {

An operating profit of $1,223,872.44 1946 was declared today by-the

tedly steady to 50 cents higher. On AMG in Germany ; 28 i 2 i 513 Vealers were $1 Jower while fat | BERLIN, March 10 (U. P.).—

.apaun J. D. ‘Adams Publishes _ wwe Financial Report |

taxes was disclosed in the 1946! financial report of the J. D. Adams Manufacturing Co., Inc.

Real Silk Hosiery Mills, Inc., Indian- |

10.504 13.25 | 431.01, The company's earned sur- | [email protected] plus since 1936 was $1,836,929.20, | Bulls (all weights) |

Net profil after taxes was $843.-

500- 900 pounds enero 17.00921.50 Common lin 500- 900 pounds . : 13.50@ 17.00 Cows (all weights) { » Good 15.2561 17.50 |apolie. Medium ] 13.256 15.2% Cutter and common .. Canner

Real Silk's financial report listed

- NOTICE ” ..of SPECIAL MEETING ‘of

Allied American Mutual Fire Insurance Company

A special meeting of the members and shareholders of Allied Ameriean Mutual Fire Insurance Coms. . pany will. be held at the Home Office of the Company, 142 Berkeley Street, Boston, Massachusetts, on Wednesday, March 19, 1947, at 10:30 o'clock in the forenoon to consider a proposal to amend the charter to permit the Come pany £% write or reinsure all lines of insurance other than life and endowment and transact any other business now or subse- " \quently permitted by law. By order of the President’ H. C, Kneppenberg, Jr., £ Secretary

NOTE: Members unable to vole in person may vote hy proxy provided such proxies are received and recorded on the books of the Company at least three days before the day of the meeting.

| |

[email protected] | assets at $7.233,057.31 and liabilities |

154

continued

operations,

‘Annual Wage' Asked From G.M.

V. A. W:-Also Seeks 23%c¢ Hourly Raise

The C. I. O. Auto Workers union has opened a drive for a guaranteed annual wage in the automobile industry by seeking a guaranteed 40-hour work week from General Motors Corp. In a week-end announcement, U.

A. W. President Walter P. Reuther sald the minimum pay for a 49hour week was the. first step to-

Ltion and purchasing power. DETROIT, March 10 (U. P).—

in economic demands to be handed to G. M. in contract negotiations this month, : : Almost simultaneously, President Truman asked his council of economic advisers to study guaranteed annual wage plans and report to him on what effect they would have in stabilizing employment, produc-

The U. A. W.-G. M. contract expires on May 31, but Mr, Reuther sald- negotiations on economic issues In the agreement could begin As early as March 19: G. M. and other industry spokesmen declined to comment on Mr. Reuther's demand for a 40-hour week, Besides the guaranteed work week, Mr. Reuther said G. M. would oe asked for a 23'4 cents an hour

G. M. local union delegates Friday. and Saturday. Mr. Reuther demanded the ecoe Jomie advances “without increases in the price of cars” Industry executives previously had stated. that any wage increases this year almost certainly would be followed by further hikes in the privés of cars and trucks, The U. A. W.'s demands against General Motors were similar to those already being negotiated with Chrysler Corp, with the exception of the 40-hour week. The union was expected to make the same demands on the Ford Motor Co. next month,

MECHANIC KILLED

CROWN POINT, March 10 (U. P).~Paul O. Herman, 42; a mes-

pay increase, an employer-financed, insurance : program and improved

ward steady employment and pay in the industry and was contained!

are paving $2.46 per bushel for

truck wheat;

new No. 2 yellow $1.47 per bushel, and No. 2 white, per bushel, oats testing 24 pounds r bushel: No. 2 yellow

TTITITOTL

CLOSED MONDAYS—Open 9 to 5:25—Tuesday Thru Saturday

of the

Chimes’

vacation allowances. The demands! were drafted at a conference” of

presents the

hor

AY TUR

{iF

* Terms Cheerfully Arranged

* Free State-Wide Delivery

* Call Miss Gray, MA. 4401, for Shopping Service

chanic for the Pennsylvania rails road, was killed yesterday when a driving rod on a locomotive struck him as he worked on the engine.

Our “Cradle Room” is a nursery-like bed. room for infants or small children whe have

passed away. If is one of the many unusual

facilities available reasonable cost,

Range

oven ,

JAS White

lain fin

for Convenient Kitchens

water heater .". . all right now to make yours a carefree kitchen.

A. Cabinet Style Sink with double drainboards and Porcelain enamel top . . Complete with

. convenient sin and spacious cabin

storage space below. baked enamel base. faycets.. 54" Long ...

B. Automatic Gas Water Heater, Fully insulated, com-

pletely safe and dependable. 20-gallon capacity sievaiiava,

C. White enamel all-stesl Cabinet, boxad, ready fo be set up, 43" high,'5 convénient

shelves ...

FURNITU

4.Bur Thermostat controlled

<i SEAWE Sie

Crest eartrntantarteartantaaen

nal

47 SOUTH MERIDIAN

only at Wilson's — at

TIN MTT

M AR K

ner Crown Gas Robertshaw

.o.broiler, utility

4 - E40 EG Buri Rss asns imine - a CW SS 1169.50 . a

shes es

k . .. dependable et. We have them

$108.00

379.50

tft t ve

*12.95

RE CO.

Fee

0, 1047 |

MONDAY

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