Indianapolis Times, Indianapolis, Marion County, 24 April 1947 — Page 14

rors weds Boys’ Hav a Way | to Put Slug on Taxpayers

Devise Gadget for Which Can Be Fitted

Price-Jumping Into New Law

By CHARLES T. LUCEY ’ Soripps-Howard Stat Writer

WASHINGTON, April 4.—You

may have thought, as a consumer,

that every known way to put the slug on you for higher prices already had been found. But no. The “wool boys” in congress have devised a brand-new gadget for price-jumping. It can be fitted neatly into’ a plece of legislation, and that's what they're trying to do now. Here's

the story— About 10 days ago the senate passed a bill providing that the government’s Oommodity Credit Corp. ¢ontinue through 1048 to pay a support price of 42 cents a pound for ' uncleaned - domestic. wool. ~ Cleaned, so that it can go into wool fabrics, that comes out at about $1.20 a pound. Surplus on Hand But foreign wool, even after a 34-eents-a-pound tariff, can be sold here 10 to 123 cents a pound cheaper than domestic wool. In recent years the CCC has piled | up a huge surplus of domestic wool | ~more than 400 million pounds.) ~~ It wasn’t permitted to dispose of this wool at below the so-called ty price, and so was at a comTa disadvantage in relation to fmported wool. But still it manto sell a lot of wool taking a

all domestic wool had gone on| market, the wool price would have been forced down, Thus while |B taxpayers provided money to meet)

Might Add 50 Per Cent Then the house agriculture committee added its further price-| jumping gadget. It directs the sec-| retary of agriculture, whenever he

It is no derogation of the secretary to say he should not be given nist kind of power.” Mr. Herter contends the bill pl contrary -to congress rules. He points out its import fee would produce tariff revenue, it did not originate in the ways and means committee, but came, instead, | from the senate. By rule, the house | acts first on all money bills. * Chairman Hope says the bill may come to the house floor next week,

| wool, politically, is strong.

Local Issues

Nominal quotations furnished by Indi securities dealers:

ts Fin Corp American States American States PA ik ng Ayres ¢%% a reshire Col com .... Belt R Stk Yds com .. Belt R Stk Yds pra

*Bobbs- Merrill ptd.. Central Soya com . | Circle

Pt Wa | Herf? Hook d

d & finds proper cause, to levy an addi- |}

.{Tex, and Millville, N. J.

to business to keep prices down. ‘Means Embargo’ Rep. Christian Herter (R. Mass.) charged that “in effect the importfeé proposal will mean an embargo on foreign wool, because the secretary of agriculture can fix prices high enough to keep foreign wool out until domestic wool is sold. “There isn’t a single manufacturer who can tell what price he may be paying for wool—the secretary can, without formal or informal hearing, determine what the import price is

We have some real bargains in these garments. All garments are sterilized, cleaned and reconditioned.

and OVERCOATS 1 ts

UT-OF -PAWNw—s

— Men’s SUITS, TOPCOATS

Te Exdimdena™” New Insecticide Tops DDT in Some Cases

NEW YORK, April 4 (U. P)— new insecticide has been tested by

scientists at the University of Dela-

cells DDT, the most powerful of all insecticides.

_ BUSINESS DIRECTORY

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RE-WEAVING

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You Save Because We Save Men's Suits

* | businessmen.

‘lof home canning supplies and the * [familiar mason jar is a household % | stock item.

‘| plans are in the making for further | Sash

i; | partment works overtime to concoct 223%

9 ‘lput of 720 million assorted bottles.

.|will market a new jar next month. - {This is aimed at the up and coming +.|home freemer trade. «+: |will eliminate the tedious work of +*{containers while ha . | feature of re-use.

...|canning during the war has fallen], ~|off, the company is certain simple|: 09

* {mand for jars to a top level

BROKEN Today, of .the founding five, only LENSES : :

to be. His decision would be final.’

GUIDING LIGHTS—Top executives of Ball Bros. Co., Muncie. inspect one of the familiar mason jars. Shown are (left to right) | Edmund F. Ball, executive vice founders, and George Alexander Ball, president and founder.

} 3 resident and son of one of the five | |

THURSDA

gh SC WF “CAREFUL CHECK— Thorough carties over to examination of food pack Here Mrs. Marjorie Lockhart: laboratory technician, and Karl Ford, chief research technologist; begin a food experiment,

yards today.

130- 140 1%- 160 60- 180 200- 230 230- 240 240+ 270 30 M

Hog Decline Is. Checked: Prices Rise 25-50¢c

Hog prices checked their 2-week decline at the Indianapolis stock: 1 Most hogs sold terday. Top price was $33.25, Cattle trade was generally steady in an active trade while moved at unchanged prices, Sheep and lamps remained steady.

GOOD TO CHOICE HOGS (3275)4

NEE | ob

vol the jars and seals in Ball Bros. containers.

Muncie Home of Mason Jar Students to Tour

Now Employs 3600 Persons

Five Ball Brothers Started in 1888 With Five Glassblowers and Big Ideas

By VICTOR PETERSON Times Staff Writer MUNCIE, Ind, April 24—In 1888 city fathers were so anxious to attract Industry that they gave a plant site and a natural gas well to

'and Rep. Herter says & determined | {fight will be made against it. But!

an infant concern.

It was a wise move, and five brothers brought five glassblowers to

‘town. They settled on seven acres.

William, Frank, Bdmund, George and Lucius Ball became Hoosier |

Today their firm, Ball Bros. Co, is the world’s largest manufacturer

the current president is alive. His has been a long career which first! saw he and his brothers found an egg barrel business, then an oil can plant and finally the glass works in 1885 at Buffalo, N. Y. Without a once-abunudant supply of natural gas, Indiana might never have lured the five brothers from the East.

u. S Statements

WASHINGTON, April 24 (U. P) gos. ernment expenses and receipts po. current fiscal year through April pared with a year ago: | This Year Last Year Expenses § 31,950,387,760 $ 52,900,602,02 Receipts 34,322,682,614 Detbeit 2,363,294,854 cit 17.973,432,985 Bal 4,788,327, 300 21,381,815, 581 Public Debt 257,879,713,874 274.319.539.513 Gold Reserve 30,506,651,046 30,249,038,395 |

Plant Covers 100 Acres

The seven-acre site has grown to 100 with yd and

IlL.; Okmuigee, Okla.; Wichita Falls,

A new plant will be completed at El Monte, Cal, by fall and

expansion at South River, N. J.

Meanwhile, the firm's idea de-| 0 CrienG HOUSE

$ 6,334,000 : 15,108,000

In line with the times, Ball Bros.

The manufacturers contend it prelllving frozen fi in paper saving

While the impetus lent to home

home freezing will increase the de-|

Also on tap is a plan to boom home canning. City cliff-dwellers will be the target. Rural families already average a yearly home pack of 300 jars. The plan is for community canning and next year should see several such Hoosier estahlishments. Ball Bros. Intends to interest city firms in installing canning equip-

ment. Canning by Experts

All the housewife has to do is to make an appointment, bring her fruits or vegetables, prepare them for the jar and leave. The canning will be done by professionals on a mass production basis.

The next day she returns to pick

up her pack . .. all for the modest sum of about 2 cents a jar.

project here which was operated at capacity. Mason jars are only part of this vast glass empire which is now under the direction of its second president, George Alexander Ball, one of the founders, All types of commercial bottles, ._ pt insluding those for beverage, are —/ | manufactured. The firm is really four separate industries.

Besides the manufacture of glass, the company boasts the largest sinc rolling mill in the United States. Here are made jar caps and bat-} tery shells. A rubber plant turns out bottle seals and other specialties such as refrigerator gaskets and milking machine udders. The fourth plant produces all the boxes used by Ball Bros.

IRCREASE Your Insurance

Local Factories

‘Chemical Society Sponsors Meeting

The Indiana section of the American Chemical society will sponsor a tour of Indianapolis ine dustrial plants tomorrow and Sate urday for more than 300 chemistry and chemical engineering students from Indiana oolleges and univer. sities.

T h e tours,

which are open |

to seniors and juniors, will be part of the section's 11th biennial student meeting. It will be the first meet~ ing since 1040. Dr. Thomas 1 charles Allen Thomas, president-elect of the national society and vice president of Monsanto Chemiical Co., St. the | Louis, will speak on atomic energy {at a dinner for the students Friday g night in the Lincoln hotel. Dr.

34.927 164.043 | Thomas 1s project director of Clin-| Truck Wheat

ton Laboratories at Oak Ridge, Tenn, *

Dr. Esch to Speak Dr. L Lynn Esch, president of Indiana Central college, will address thie group at a ‘luncheon

| meeting Saturday in the Lincoln. EN Liny & Co. will give a Junch- |; 00-1500 pounds | eon for the students Friday noon | ow. lin the Lincoln, after which the! 100-1100 po {group will tour the Eli Lilly plant. | Climon A dance will follow the dinner "1100 pounds Friday night,

hoice—

will be the Beveridge Paper Co. md Reilly Tar & Chemical Co. Citi 800- 800 pounds sens. Gas & Coke Utility, Pair-|aogi.® Pounds mount Glass Works, United States Rubber Co. Indianapolis sanita.

tion plant, and Indianapolis Water

1100-1300 oun :

Other plants included in the tour | Coo 800 pounds ws pounds ..

THURSDAY, APRIL 24, 1947

of Rivers in 8 Near Flo

By Selen WASHINGTON

this country rea Just now, is a fi

There have bee a lot of places couple of weeks, are out of the haven't made an ~but dump jus night's rain into there will be spri Wettest spot is the Mississippi, Towa, to its junc at Cairo, IIL The lower Oh! and several tribu sissippl in Iowa Moines, Skunk a J have taken on | 500- 8 they can proper], 13. saan Bo £ pounds bash, a tributary 14.00910.80 | 300-1000 pounds : too, but not in 500- 900 pounds WEnbus enna as yet. | SHEEP -Spring flood 26.50 | Chofce— Just about here. 26.80 | Good to choice 27.00 | | Medium ne good =. 00) {Common .... Vary ay keg Ewes : (8horn)

3 3.7 slGood and x DIOIOE 2s ans sis p- 15 | Common and medium

today at prices 35 to 50 cents above yes-

vealers . Cows (a weights) 20. 25

33 ‘a8 are B H » Bear. ulls (all weights)

ud 2 : a. weights) HRs i

fo isdieds

Medium | Cuter and common nee

CALVES (575)

and Choice . [Joed mon

med Culls (78 oe up) Feeder and Stqcker Cattle and Calves 8

3338 24.00 [email protected]

00 kOCal Produce

18.004 23.235 [email protected]

PRICES FOR PLANT DELIVERY

Poultry: Teavy sprin 2% Ibs. and | over, i Leghorn springers, 8c: cocks i 2 20033.00 and ; Ags, lle; No. 3 poultry, 4o less than

2.00 under, 30¢; Leghotn hens 30c, sofs Lop mo | ehigkens, 38¢; cooks and sae 480; we 3.

21'50¢3 poultry, 4c less ; Butterfat: No. hn — ~ 3 We ts, 84 Ibs. to

16.50@21.%0 ise: Cu i rece: case, o 0 hy . N : ooo 14.00016.50 sk, 3, i medium, Me; ne

Co. Symposium for Teachers A faculty symposium for teachers whose students are participating in the tours will be held Saturday morning with Dr. Ned Guthrie, chairman of Hanover college de- | partment of chemistry, in charge. Pi Norris W. Rakestraw of the! Scripps Institute of Oceanography, | La Jolla, Cal, will also speak. Wayne H. Hilty, Eli Lilly & Co., is chairman of the Indiana section and R. J. Kryter, Esterline-Angus Co, is vice chairman and general chairman of the biennial meeting committee. Assisting” Mr. Kryter with arrangements are F. J. Ludsack, W. F. Benson, Paul H. Lahr, H. E. Cory, A. N. Stevens, Mr. Hilty and Dr. Guthrie.

Me pusInEsSS stress

Indianapolis flour mills and grain eleSuton are paying $2.65 per bushel for No. truck wheat; new No. 2 yellow corn, yg corn, $1.63 pounds or better, He Jellow soybeans,

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