Indianapolis Times, Indianapolis, Marion County, 10 April 1947 — Page 26

EE wg

y Frey Single

"By CHARLES CORDDRY

Sw a Dmied airli h ASHINGTON. —United States nes have te in, i ms a miner rr thus far in post-

war ilernigtionl at

ee and foreigners Jusiness to date generally has heen

This will be done in hearings on ils to set up a single U. S..international airline, comorising various {ransportation interests, to replace ‘he present system under which iniiividual lines compete. ‘ An analysis of trans-Atlantic ‘ravel just published by the civil neronautics board probably will figre - importantly in the hearings. It shows that 67,235 trans-Atlantic nassengers departed or arrived at

Yew York in the last half of 1946.

They travelled on three U. S. and .ive foreign airlines.

U. S, Has 76" Pct. of Business , |

The U. S. lines—American Over~sas airlines, Pan American airways ‘nd Transcontinental and Western \ir—gathered in 10.87 per cent of he business, or 51,606 passengers. The study shows American ~iti~sns comprised 4852 per cent of ae total travellers from July to

december, 1946. This compared with |, ide spread claims during the war

| 400- "450 pounds

2at they would make up 80 per Good ant of the market. U. 8. airlines carried not only ‘443 per cent of the Americans oing to and from Europe, but’ also 3.75 per cent of the aliens. They, ade 7423 per cent of the 2301} rans-Atlantic flights in the sixnonth period. Competing Equally “We are competing almost equally

‘hich officials say is too low. $700,000 Profit Latest C. A. B. figures show that

American’ lines have carried an overwhelming share of traveling to and from this country,

[Medium

International Line

Aviation Editer found for-

no gold mine, .

Hogs Uneven, Cattle Steady

Vealers Lose 50, Cents Here

Cattle trade at the Indianapolis stockyards was steady to weak today. Vealers lost 50 cents. Slaughter lambs were neminally steady. Hogs sold unevenly, steady to 50 cents, and in some cases 75 cents, above yesterday's general trade.

GOOD TO CHOICE HOGS (4025)

{has become a big business.

not been made.

Butchers a ver $32.00922.75 40. 10 pounds |... 1:'5 304% | members, did a $182 million busi10 1 Lunds “+ 38000 2 32 ness in 1945 at the retail level, acfoo. 330 bounds ............ 30043 cording to the farm credit ada +t Dns ~ 3800 378 ministration. 300. 330 pounds ..... ‘J BEBM| The PCA estimated that when al330- 360 pounds .....ieveenve [email protected] | ]owances is made for wholesale and ay eT [email protected] | manufacturing, - the total volume; Packing Sows - would be $250 million. Much of| Chol done by affiliates | Ol iia 31 73@22 35 | this business is y iy

330- 360 pounds

3 08 3 35 a5: 400 pounds [email protected]

[email protected] [email protected] |

Assan anetans

450- 500 pounds

250- 30 pounds Slaughter hp

90- 130 poun . 16.3502. CATTLE 78) Coo- 900 a - UNAS. va.eesansens 900-1100 ond seraansasras [email protected] 3100-1300 pounds ....eceecv.0 3 24.50@127 1300-1500 pounds ..ceeceececs 24.50G 27.00 700- 900 pounds 00 900-1100 pounds #883 50

1 100-1300 pounds 1300-1500 pounds Medium—

re Zags

ith the foreigner and we are lick- 700-1100 pounds xetsrstnasss Fe an ig him hand over fist when it ey, POUREE s.«xesesssrs ame to dealing with our own citi- 700-1100 pounds ......ccevues [email protected] ans,” according to C. A. B. Chair-|choice— an James M. Landis. “It looks as| $0- 300 Pounds «:..w-ere-.- 3 ni) A 98 Hae: ell with | S200 Pounds ............ } he pany ¥ loo 'w 600- 800 POURAS ......ceeens ji gnn 3. tel this to (00.1100 POUNAS ...eseeees.. [email protected]] Mr. Landis attributed Ie ia oa3 y ty, bet- S30 pounds cenas evens. 16.50G 150 sr safety records, schedule reliabil- 900 pounds oa eae ning 13.509 16.50 y and trust in U. S. airmen. . oem (al we tiem) 15.30817.50 Financial data on Atlantic opera- Sutter and comon 111111 11250 14.99 ‘ions is sketchy. C. A. B. has not Cann or os [email protected]| ceived year-end airline statements | gees — weies } ‘nd has not determined a perma- Good (all WeIgHEE) orvenenes [email protected] ent mail rate to replace the pres- snes vesnauhbnanian ives 16. [email protected]| ‘at temporary 75 cents a ton-mile 2 medium 100. iT 0G1450|

Megium and medium . CALVES

Good and choice Common and medium Culls (75 pounds up) “Weeder and Btecker Cattle and Calves

‘merican overseas airlines for the Cholos. Steers 1 months ended last Nov. 30 had/| 500- 800 ‘pounds ............ 1.00g30.5 . net profit of $700,000. But the air- | $00:1050 pounds ....c....... ne indicates it will report a net| 500- ogppounds reessracees [email protected] 88 for the entire lear. : 0-108 pends Sean tentuns Hd 19.00 The figures show a $2 million Su0-1000 pounds cts ttant tres [email protected] ~rofit for Pan American's Atlantic | 500- 900 pounds ............ 12.00§14.00 ivision for the 11-month period. SHEEP (100) ‘ut the estimate depends on re-!chojce— ty sipt of mail pay requested by the [Good to choice ............. 2. 22.75 irline but not yet granted. At the Common. ce i 13 i0G 6.5 ‘resent temporary rate, the line Ewes (Shorm) ould show a slim profit or possibly | 350% 80d hele joo. -------- $008 200

, loss, officials said. ; T. W. A. is shown to have a loss ‘or the period of more than $3! aillion. Figures for the same period showed “omparative operation costs for the ‘ompeting trans-Atlantic carriers 's follows: A. O. A.—$2.14 per revewe mile; Pan American — $3.52; 7. W. A—$4383.

Hardware—Appliances

'Admirak to Inspect

Ordnance Plant Here Rear Adm. Malcolm F. Schoeffel,

at the Indianapolis naval ordnance plant. Capt. George P. Kraker, commanding officer of the local plant, sald Adm. Schoeffel also will visit fhe naval supply depot at: Crane, Ind. today." Adm. Schoeflel is a graduate of | the U.S. Naval academy and has| spent His entire career in aviation |

344 E. Washington St,

Men’ s SUITS, TOP and OVERCOATS

A... We have. 8 ASS inh in hese garments.

ea echned ad recon

5199

{ t4s-1aah.iLLiNoIs st.

gunnery and carrier command.

GOATS

14.50@2050 its $17 million business in’ 1945] o0| amounted to more than $1 million.

24 00027.00 federal income taxes,

333 with a bplef pause in operations 11.00 when funeral services begin today

deputy chief of the navy’s bureau of ordnance, was to arrive here at] 10 a.m. today to survey operations!

of the Indiana Farm Bureau, Profits $1 Million

The association said profits on }

|The co-operatives operate free of

{ The association, with headquarserves R85 Hoosier county farm bureau co{operatives. It distributes nearly every essential to the farmer. | Completion of a $1 million crack-

‘Allison Employees Here ‘To Honor Ford

Employees at Allison division of {General Motors Corp. will halt operations for a few minutes when | services for Henry Ford begin in Detroit. | Allison officials posted the fol{lowing notice on all company bulletin boards: ] “In recognition of Henry Ford's outstanding contribution to the social and economic life of this country, Allison will pay respect

at 1:30 p. m."”

Report Tax Collections 8 Per Cent Higher Here

Federal taxpayers here paid approximately 8 per cent more to the internal revenue collector during the first quarter of this year than they did during the same quarter in 1946.

Collector F. Shirley Wilcox pointed out today that 1947 payments totaling $311,310,476 were greater than the 1946 payments totaling $290,152,436, despite repeal of the excess profits tax.

rvington Sewers

Resul in Complaint A representative of the North

Indiana Farm Bureau Co-Op Has Become Big Business Super Seniority

$ 17,209,662 Association Sales of 1945 Are Nearly Double $9'/: Billion of 1941

The 20-year-old Indiana Farm Bureau Co-operative Association, Ine.,

Some 190 co-operative associations in the state, representing

NEW CRACKING PLANT —The Indiana Farm Blreau Co- .operative- association's new $1 million eracking plant at Mt. Vernon now has a refining capacity of 4000 barrels daily. Built in 1940 as a tapping plant, the refinery was converted to a cracking plant in 1946 to Produce commercial esis and enrich illuminating gas.

Suit to Test

day at Evansville,

ing plant at Mt. Vernon enkbles the association to process 4000 barrels of petroleum a day. In additiofl, the association owns four bean processing plants, a fertilizer plant, several frozen locker plants, a 17500-barrel oil storage terminal and two subsidiaries in the Farm Bureau Oil Co., Inc. The co-op association also holds interests in serum corporations, printing firms and - milling industries.

when he was laid off.

Another case

Veteran Laid Off In Seniority Dispu

"» | ‘The frst case in Indiana to de- ruled in Iavor of the union,

Association sales in 1945, according to report just released, were o termine whether a union coniract, ™ is

ly double 1941 sales of $94 billion. Report for 1946 has Can establish a super-seniority that $17,209,662, nearly double es of $95 po conflicts with the G. I. bill of rights| Truck Wheat

192 oil be heard in Federal court Tues-

The U. S. district attorney filed the suit against the Chrysler Corp. at Evansville in behalf of Oral W. Simpson, a veterrn, who seexs to be paid for 68 days last summer

The lay-off came as a result of a/ union contract providing that shop! stewards, who are minor union officials, be retained longer in their|N jobs than other employeed Simpson now is employed at the plant. | in which

the | i

will be heard at the same time.

Ray L. Luigs of Haubstadt, a

former employee of the Evansville] industrial firm, seeks reemployment, He alleges he was laid off as a direct result of the super-seniority union provision. An arbiter selected to hear a dispute between the union and com-

the controversial contract clause,

Indianapolis four milla and grain elevators are paynig $3.68 per bushel for No. 1 truck wheat; new No. 2 yellow corn, $1.60 per bushel, and No. 2 white corn, $1.77 per bushel; oats testing 24 nds or better, 86c per bushel; No. 2 Siow soybeans, 14 per cent moisture,

Local Produce.

PRICES FOR PLANT DELIVERY Poultry: Heavy springers, 2'; lbs. and over, 33c; Leghorn speingan, 28c; cocks and pam, 15¢; No. 2 poultry, 4c less than|

ow To 20c; Leghorn hens, 0c, soft meated

poultry, i] less than No Butter: No. 1. 60c; No. 195 Buiter % 3!

- a rece.pts, i. case,

Own Stock i in

against the sald’ today. owners of its stock. While most the strikers. The union spokesman said he Knew. of several such stockholders on picket lines, Another fact about A. T. & T. ownership — the stockholders outnumber the em- § ployees. The an- §¥ nual report for 1946 showed 617,-% 000 employees in the parent company and the 21 {subsidiaries, and 605,660 stockholders. » The policy board of the national federation of telephone workers meets regularly in a hotel here. But its main attention is on an-

Mr. Perkins

fe Pany several months ago concerning other meeting—conferences in the

government auditorium between the union or long-lines employees and spokesmen forthe A. T. & T. A settlement there will set the pattern for all the other unions and the subsidiaries of A. T. &. T. {if {last year's precedent is followed. Conferences Broken Off A third set of conferences going on here—between the unions and

Bell Telephone Co.—were broken! off last night.

request of Secretary | Schwellenbach and Director Warren,

of Labor Conciliation in an unsuccess-

mate.

a0c* Frade A Conciliators in that matter 'fre- | Chrysler Corp. is a defendant also| Jes ane * aren 43 medium, Sic; "° quently issue optimistic statements! Simin

PRODUCT

$ REDUCTION | % REDUCTION

FARM TRACTO

$10 T0-$134 | UP T0 10.6%

MOTOR TRUCKS

$50 0 $300 | 1.9% T0 3.6%

INDUSTRIAL TRACTORS A

$3570 $50 | 1.0% T0 1.6%

2-ROW MOUNTED CORN PICKER | 1

$52

64%

MILKER UNITS

$1270 $17 [14.4% T0 18.4%

PLOWS

$970 $20 | 3.0% 10 10.7%

CULTIVATORS

{2=yE1%

$570 $10 | 45% T0 74%

This is a partial list of price reductions. See your dealer for complete list.

case (1.97%,

(4.9%).

(3.5%)-

Irvington Civic league yesterday {complained to the board of works | {that ‘three -sewers emptying into, | Pleasant Run creek in the Irvington | ‘area were contaminating the stream. |

The representative, John Steidle, | said the civic. league was worried | about the health of the residents,

to prevent the condition.

T T

{Local Issues

Nominal Quotations furnished by Indl anapolis securities dealers _ bh - ; STOCKS

Agents- Pin :Corp com American Statés pfd American States cl A.... L 8B Ayres 42% pid.... *Ayreshire Col. com .... Belt R Stk Yds com ... Belt R Stk Yds pfd ... Bobbs-Merrill pfd ...... *Bobbs-Merrill pfd.....

BUSINESS DIRECTORY _

Central SOys COM ....co0000ne Circle Theater com Comwlth Loan 4% Consolidated Industries com.. % Ys Consolidated Industries pfd .. > 3%

Cons Fin Corp pfd........vv.. 1 ver Delta Electric com........... 14% / 15% Blactronic Lab com 2% 3

RE-WEAVING

of MOTH HOLES — BURNS or WORN SPOTS

LEON TAILORING CO.

BROKEN LENSES

[243 REPLACED

BRING IN THE PIECES

“DR. JOS. E. KERNEL

TRACTION TERMINAL BLDG.

Ft Wayne & Jackson RR td. 85 20 Herff- Je cl A ptd .

tHook Drug Co 60m ........ss 28's 27 Va | Ind Asso Fel C 2 pfd......... 49% 51% {Ind Gas & Wat com eee 18% AGY {Ind & Mich 2 L $ 3% pid. Regn 107% 110 {Indpls P & L taraFunie 27 29 |Indpls P & Lam" PI... anne 109 112 | Indianapolis Water pfd....... 108 ay { Indpls Water cl A com ..ovues 20 22 |Indpls Railways com

sesso

deft Nat Life com

236 Mass. Ave, 3.7 mee”

You Save Because We Save ‘Men's Suits & Overcoats

18 21" 24" | wEASECLOTHES,

We're a bit “torn.up” during our modernization Program, but we’ ’, doing business a% usual! Pay us ‘a visit!

—<k Hamilton's —

DIAMONDS 4 WATCHES ¢ APPLIANCES

b) TERT

19 EAST MARKET ST.

Gin ba Joi

Crawford Furs

171 N, Penn, “Operated by Ex-Service Men”

Kingan & Oo ol Kingan & Co pfd 8 83 -fLincoln Nat Life 3'; pfd .... 37% 60 «| Lincoln Loan Co 5% pfd....100 . Marmon-Herrington com ..., 71% 8% Masti ASDRAM ovorveiivrcias TVa 8} Natl HOmes COM ....cvvivnusnss 2 13 Ind Pub Serv 5% ........ 107% 110! Ind Pub Serv com. .....e..0. 18 18% {PR Mallory com. ....co0se00s 23% 28% Progress Laund}y COM s.vvnse 23 25 Pub Serv of Ind com ......... 42% 44% Pub Serv of Ind 3%% ........ 95% 91% Ross Gear & Tool Som renee 32 Bo:Ind G & E 4.3% 110% 112% Stokely-Van Camp p he sehen 20% 22% Stokely-Van Camp com ...... 18 20 Terre Haute Malleable., 8 9 U 8 Machine com 1% 2Y, United Tel Co 5%...00 0uu0s. 100 "ee

Union Title com .... BONDS American Loan 4%s 60....... American Loan 4%s Buhner Fertilizer 5s

vesese ineaie

TRADE JOUR CLOTH COAT IN ON'A NEW

FUR COAT BISHOP FUR CO. Floor Kahn Bids,

Hamilton Mfg Co 5s 58 Hoosier Crown 5s 56

cesanaan

” LN wesosn,|

bi Announces Details of $20,000,000 Price Reductions

Details of the recently announced International Harvester policy of making price reductions to save users of our products approximately $20,000,000 a year have now and asked the board to take action ® been worked out. We have reduced prices on 163 models. These cover 12 basic models of farm trac-

tors, 123 basic models of farm

basic models of industrial tractors and en-. . - gines,~and *13-models -of-motor- trucks, -as~

)

machines, 16

‘well as certain motor truck takments. . The new lower prices are effective as of

* March 10, 1947.

These reductions were made not because

of any decline in demand, bu

believe nothing is more important to this country than to lower the prices of the goods

people buy.

While pricés have not been changed on _ all products, we have made red ever possible, in the amounts possible. Prices of many of our most popular products have

been substantially lowered.

Altogether, more than”half of the company’s customers will be benefited by the

reductions, which range from

and from $2.50 to $300 per item, based on

list prices, F.O0.B. Chicago.

Since the people have demanded that the government withdraw from price control in peacetime, the responsibility to keep prices . in check is back where it should: be—in the hands of business and industry. The business outlook makes it possible for us to

t because we

uctions wher-

19, to 23.8%,

move toward the goal of lower prices, and we have felt a duty to act as promptly as possible. ; Our ability to maintain these lower prices will depend on the supply and price of materials we buy from others and on uninterrupted production-at reasonable wage levels. . The prices listed here carty out our announced lic hat iid ROH. to Jigh a Lif it can-be- reduc omen -

22 More Types of Products

Listers and Middlebusters—7 models $5.00 in each case (2.80, to 4%).

Corn Planters —4 basic models reduced $5.00 ‘in each case (39, to 4.89).

Grain Drills—11 models reduced $14. 25 to $20. 00 (4.49,

Mowers —2

to 6.3%).

reduced

basic models reduced $4. $11.50 (2.5% and 5%).

2 Sweep Rake —1 model reduced $5.00 (5.59%).

Pickup Hay Baler — 1 model reduced $75.00 (4.1%)..

Self-Propelled Combine—1 basic model reduced $122.50 (3.4%).

Ensilage Cutters—3 models reduced $22.75 in each case (4.8%, to 7.1%).

Ensilage Harvester — 1 model reduced $33.75 3.9%).

$5.00 and $10.00

Company records show that about 50,000 of its

in the higher brackets, a company representative sald many were among

_|convention for next June.

management of the Southwestern |

These negotiations | rent fiscal year though April 8, | were brought to Washington, at the” Ye

| Many Telephone Strikers

Company

While Most Employee-Stockholders Are In Higher Brackets, Several Are on Picket Lines

By FRED W. PERKINS ? Scripps-Howard Stalk Writer WASHINGTON, April 10.—~Thousands of stockholders are on strike

American Telephone & Telegraph Co., a union spokesman

employees are also of these employee-stockhoiders are

—but they wer: doing the same thing before the strike started. The general outcome will. be expected to affect an effort of President Joseph A. Beirne to transform the telephone workers’ federation from an association of 39 autonomous unions into one national union. These unions voted some months ago to set up a new union —the Communications Workers of America—and set the first national The union aim, and chief underlying Issue in the controversy (outside of wages and other benefits), is sys-tem-wide bargaining. A. T. & T. and the subsidiaries Oppose this. They want to keep bargaining on a local or individual company basis. Although it owns all or most of {the stock in its subsidiaries, A. T. & T. insists it does not interfere with their collective . bargaining. The unions counter with the charge that company policies and arguments show a marked similarity.

U. S. Statements

WASHINGTON, April 10 (U, P.).—Govjernment expenses and receipts for the eur-

omwith a year om

This Expenses ... $30, 428, si tm 851.21 Receipts ov 33,144.571.092 33, He ite Surplus “s 2.716.080.000 x17 413.380 284. Cash Balances 5.118 180 21.025 404.879 Public. Debt . 257.877, mn 718 274.3868.879,

280 chickens, 25¢c; cocks and sags. i16c; No. 2 ful effort to end a subsidiary stale- Gold Reserve 0. 496,610,370 20,253,495 523

INDIANAPOLIS CLEARING HOUSE

$ 0,368,000 19,815,000

} Hammer Mills —2 models reduced $5.00 in each and 3%).

Lime Spreader —1 basic model reduced $2.50

Power Loader —1 model reduced $25.50 (8.9%). Manure Spreader — 1 model reduced $13. 00

Milker Vacuum Pumps —2 models tdi in each case (11.59%, and 19.6%).

Portable Mitker Yacuum Pumps—2 models reduced $17.00 in each case (11.3%, and 11.7%).

Stainless Steel Milker Pails— 2 models reduced

(18.5%, and 23.87%,

Cream Separators —4 models reduced $13.25

in each case (89,

to 10.4%).

Tractor Trailer—1 basic model reduced $12.75

(5.5%).

Milk Coolers— 5 models reduced $8.00 to $18.00 (1.99, to 4.3%).

Industrial Tractors (Wheel) —4 basic models re-

specifications on

duced $19.00 to $56.00 (1%

Industrial Power Units—8 models reduced from $10.00 to $150.00 (2.39,

Motor Truck Attachments —7 items reduced from $6.25 to $268.00, including a change in

to 3.4%).

to 11.4%).

two items.

tomy on aw

o. om wy

00 and | At, Automatic Pickup Hay Baler ~price reduced $75 or 4.1% a Self-Propelied Combine —price reduced $122.50 or 3.4%

i HIGHLIGHT REDUCTIONS 0 SPECIFIC MOBELS

~ price reduced $125 or 10.6% — price reduced $74 or 5.3%

~ price reduced $134 or 8.6%

Farmall-H Tractor Farmall-M Tractor

W-6 Farm Tractor

LA 2 — THURSDAY, APRIL 10, 04

j ! | 3

wine. YN

Gen Le M:

type devel ahead of our ularly in jet because they a government search and unequalled by

paper syndic an immediat apolis office

Pa $150 a loecatic

‘ fal off conges full ence, ote, N WESTE

Tired. Often Sleep

Doctors say miles of tiny t urify the blo en they get in the daytime up nights. Itre sometimes shov with your kidr lect this condit ful When disord mits poisonous blood, it may rheumatic pair and energy, sw eyes, headache: Don't wait! A Pills, a stimul fully by million give happy rel Se of kidne: waste from you

EASY

HC (Ri ctr