Indianapolis Times, Indianapolis, Marion County, 5 June 1947 — Page 28

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This Constellation is known as the - gold plate model. It will carry 50 passengers on short hauls like East-

ern’s New York-Miami, Chicago- | Chofce—

New Orleans and proposed New York-Mexico runs at 300 miles per hour. 55 Per Cent Capacity The engines turn up that kind of speed at only 55 per cent capacity. That means they're economical on

Heavy Hogs Up; Lightweights Off

Barrow and gilt prices on 160 pounds up at the local stockyards today were 25 to 50 cents higher. Lighter weight hogs dropped mostly 50 cents to $1. Top price was $24.50. Steer and heifer prices were unchanged, while the cow market weakened. Vealers were mostly 50 cents higher. Sheep and lamb prices remained unchanged with limited supplies.

GOOD TO CHOICE HOGS (3025)

120- 140 pounds 140- 160 pounds 160- 180 pounds 180- 200 pounds 200- 220 pounds 220- 240 pounds 240- 270 pounds . 370- 300 pounds 330- 360 pounds . Medium— 160- 220 ponudS ...cecncvnce Packing Sews Good to Choice— 270- 300 pounds ... 300- 330 pounds ... 3K 308 pounds ..% 360- pounds Sess hsanae Good— . 400- 450 pounds ..eciceccees 18. 18.75 450- 500 pounds ......e- eens 11.75@ 18.50 Medium— . 250- 350 pounds .....e.0e ves [email protected] Sia Pigs 90- 100 pounds ...........s [email protected] CATTLE .1250) Choice— 700- 900 nds .ooone oN 26.50 900-1100 Ean eannarvin [email protected] 1100-1300 pounds ...ecce.ssve. 35.25 ¥ 700- 900 pounds [email protected] 900-1100 3. a 1100-1300 . 34.00025.25 700-1100 « 20.00023.75 1100-1300 pounds [email protected]

3.

800-1000 pounds [email protected] 800 pounds ......c.e.e. 23.00G 24.50 800-1000 pounds ....... canes 33.2502¢.50 um— 500- 900 pounds ceseepescees [email protected] 500- 900 pounds ............ 16.000 19.50

[email protected] vee [email protected]

Medium Cutter and medium . . CALVES (550)

Good to choice .... ......... ¥ 50 Common and medium........ 12.00@ 24.00 Culls (75 pounds up) ....... 8.00912.00

Feeder and Stocker Cattle and Calves

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500- 800 pounds <...... erses 31.009022.00 500- 800 esesnnene [email protected] iy, Pounds SN-10 POUNAS .ievesccnnss 16.00@ 19.00 od 500- 900 POUNds vrrrrvrrr 14.009 16.00

Choice— Closely Sorted Good to choice

gas and maintenance. Rick can turn his planes around | and carry three and four loads be- | tween cities where only one was | carried by slower planes. It isn't | the glamor that makes Rick love speed; it's the dollars and cents. Capt. Rickenbacker believes the

Constellation is the safest transport | N in the air today. He intends to prove

that by performance,

BUSINESS DIRECTORY

| Medium and good | Common...

Ewes (Sharm) Good and choice Sane . { Common ai and medium

| Truck Grain

Sadisanpoils flour mills and grain eleying per bushel for truck wheat; new No. 2 yellow pr

Yalers are payl $2.43 $1.79 per bushel; r bushel; oats, testing 94c; ‘yellow soybeans,

moisture, $2.80 per hushel.

‘No. 2 ‘white corn,

JORDAN BROS.

CABINET CoO.

333 W. Washington St.

34 pounds or bet14. per cent

NEW BANK BRANCH. The “hove orshifects drawing. a how the Belmont Branch of the Merchants National bank will appear when the building is ready for occupancy at W. Washington st. and Sheffield ave.

Merchants National Plans

Branch In Belmont Area

Safe Deposit Boxes, Night Depository Service, Ample Parking Facilities Promised Soon

A Belmont branch of the Merchants National bank will be opened! soon at the northeast corner of W. Washington st. and Sheffield ave, 7 g was beginning to ‘loosen re-

according to Otto N. Frenzel, bank

the present building. The Haag Drug Co. now occupies a portion of the building. The portion to be occupied by the bank

service station. Complete banking facilities, including safe deposit boxes, night depository service and ample park-’ ing space will be provided. At the same time, plans for enlarging and modernizing the Brightwood and Massachusetts ave. branches of the bank are being made. The building now occupied by the Brightwood branch, 2355 Station st, has been purchased and the entire building will be remodeled and used exclusively by the bank. The Massachusetts ave. branch, 815 Massachusetts ave. will soon occupy enlarged and modernized quarters. A fourth branch of the bank, 38th Street branch, is located at 21 W. Maple rd. The services of the trust, real estate and insurance departments

27.00 (of the Indiana Trust Co. will be

offered at each of the branches,

Small Fry Pace

nwenn| 100 Much for Him

DECATUR, Ala, June 5 (U. PJ). —Since the horse and buggy era, Pedestrian W. A. Ellner has doggedly dodged all forms of traffic in Decatur, but yesterday his luck ran out. Walking home at noon, he neatly sidestepped an oncoming tricycle powered by a 5-year-old. The maneuver carried him into the path of another velocipede, manned by a 4-year-old—coming from the opposite direction. Mr. Ellner was taken off to the

branch Was formerly a garage and

|the Argentine demand.

Business—

Sh bid Hike Steel Prices

Have Plenty of Cash, * Willing to Go Higher By FREDERICK OECHSNER Scripps-Howard Staff Writer WASHINGTON, June §. -— One of the big factors in the biddingup of steel prices appears to be

Export figures show that Avgetisi tina has been getting an increasing} share of American steel products, This particularly is true since the decontrol of many items and re moval of nation-by-nation quotas several months ago. U. S. authorities can reinstitute a quota on any country which shows a tendency to grab too large a share of the total exportable supply. But no occasion to do this has arisen in Argentina's case, according to officials. Steel Need Universal : Argentina needs steel desperately, as do all South American and most other countries. If she is to carry out her gigantic five-year plan she will require all the metal she can ‘get.

president.

The corner building, known as 2128-30 W, Washington st., has been’ purchased by the bank and work i underway to remodel and add to!

Outlook Dismal For Mine Peace

WASHINGTON, June 5 (U. P)— The coal mines administration today pushed plans for returning the government-operated soft coal pits to their private owners on June 30. This will be done regardless of whether a new wage contract has been signed by that time with John L. Lewis. A spokesman for the administration said the schedule would not be affected by the dismal prospects for an agreement between Lewis and the two groups of mine oper-. ators. The government's legal authority to hold the mines ends on June 30. Negotiations for a private contract currently are stalemated. Mr. Lewis' United Mine ‘Worekrs (A. F. of L.) ended their bargaining sessions yesterday with southern coal operators and talks with northern and western operators broke off Saturday. In both cases negotiators were far apart on wage issues. Sources close to the union predicted that a coal strike on July 1 was virtually certain for at least some of Lewis’ 40,000 miners.

The plan was put into effect last January, at just about the time the

|strictions on steel. It calls for extensive industrialization of Argentina. This will include the building of new factories. It provides a vast program of public works and expansion of transportation and shipping. The plan calls for more farm machinery and a hundred other things—all needing steel. A huge program of armaments, putting the country on a “total defense” basis, is also called for, Military Budget Secret Argentina's military budget 1s secret. But President Peron has stated that his policy follows the adage: “In times of peace, prepare for war.”

money. With a gold reserve that President Peron put at “1500 tons,” and with meat and wheat for export at high prices, Argentina went into the creditor class in a big way after the war. A lot of her ready cash has found its way to the United States. Much of that went to the steel market; according to indications. Argentine government purchasing agents reportedly have been arriving with letters of credit for as much as $13 million. And their steel bids, sometimes made through other South Americans, have provided tough compe-

What's more, Argentina has the|Ind G

tition for many domestic buyers, in view of the limited supply. Some of the big steel producers, however, have refused to sell to “gray market” middlemen in spite

U. S. Statement

WASHINGTON, dime : 5 (U. P.).—Government expenses and ts for the current fiscal year OUD une 3 DTS with a year ago: is

“Th Expenses st ils, vias $56.67 S18.6 esl. "108 Receipts 38,727, 071 "993 aL, 205,821

Surplus cit Cash balance

of fancy prices offered.

FRENCH RECALL ENVOY PARIS, June 5 (U. P). — The French foreign office announced today that Ambassador Gilbert J. Arvengas had been recalled from Cairo for consultation. Activities of Abd El Krim, Arab leader, in Egypt, ap-

1,804,315 2.809,977,164 25

e741 1443037 Public debt 7,006,652.543 371,463,922.976

hospital with several broken ribs,

REWEAVING

N TAILORING CO.

Mass. Ave. Bn ea!

BROKEN. LENSES

17.3 REPLACED

(BRING IN THE PIECES

DR. JOS. E. KERNEL -

TRACTION TERMINAL BLDG.

TRADE YOUR CLOTH COAT

IN ON A NEW

| FUR COAT

BISHOP FUR CO.

2nd Floor Kahn Bldg.

| KNEEHOLE DESK ‘in a walnut veneer finish ......

[Mh hoy is

INC

HARDWARE 344 E. WASHINGTON ST.

3-ROOM. GROUP Brand new 1947 furniture including: 1947 Zenith Combination Radio and Phone., 1947 Garland Gas Range, 1947 Cabinet Type Washer. HOME OUTFITTING 00.

424 Mass. Open Evenings RI-9101

INDIANA BEL

Gold reserve

20,989,241,651 . 241,154,722

QL] [ORV

or at your place of business? .

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parently will be discussed.

® Time is short! The telephone book is going to press. Call us at once if you wish to make any change in your present listing: The new directory will close in a few days. Please check your listing in the present telephone book.

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) company

oa.

vision

SLEEK AND TRIM—Buick "Moar d production of a new estate wagon on. the series 70 Roadmaster chassis. The streamlined car features sweeping airfoil fenders. It will carey six passengers and has a 29-inch wheel base.

today Smouncd

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PRETTY GIRL SEES ATTRACTIVE CAR—The smart, un-named blonde—holding the dog—looks longingly at the new Frazer Manhattan, announced today by Kaiser-Frazer Corp. First Indianapolis showing of the new model was today at Stewart Motor Sales, Inc., 3209 E Washington st.

Indiana Stocks and Bonds

Nominal: quotations Juralneq by indi- Gear & Tool com 32 . snapolis securities dealers So Ind CG & EB 437% 113 STOCKS Stokely-Van Camp pid 19 a Bid Asked Stokely-Van Cam 17 Agents Pin Corp COM ...ee.. © Ss Jule Haute M% M a hid Anterican States pid ......000 M 2 | United Tel Co on American States cl A ... . 33 |Union Title com ........ . Is B Ayres 4%a% pwd 108 BONDS rshire American Loan 4's 8 ....... "” eee Av Sol so oom. x Ru Xe American Loan 4%:s 58 ...... ” es Belt R Stk ae fd 60 Buhner Fertilizer 53 54 ...... 4 . Be Me hy *2 | Ch of Com Bidg 4's 61 3 a Bobbs-Merrill com ... : 10° ia; (Sitisetis Jud Tel 4 81 WS :Central Soya com Dama an 88 iin. no Circle Theate + 3 ea | Delta coll 816s 56 III w x 3% 3 S neh Bivs > on sesaves n . Consolidated Industries com ..° Ya 3, t Hamilton Mig Co 38 98 ...... 9 “ee Consolidated Industries pid .. 3 3% cones Crown 8s 56 ........ n . Cons Pin Corp pid 97 Ind Limestone 4s 7 ... 68 = Delta Electric com .......... 14% 15% |Indpls Brass & Alum B56. 97 ieronic. Lab. Com 2% 33. |Indpls P & L 4%s 70 ........ 106% 107% Ft. Wayne & Jackson RR ptd. 84 pls Ra Co wel... 84 8 Herfl-Jones c¢! A pid 13% _ | Ind Asso Tel Co 3s 75 . «++ 304 103 Hook Drug com 25 Investors Telephone 3s a oe. 98% «na Ind Aso Tl Ha 3 Bid. Juhnas Packing Co 4s 54 ” LEP N Ind Pub Serv 3'as 73 ...... 108% 107% Ind & "Mich i T “* pt Pub Serv of Ind 3%s 75 ..... 107 109 indpis P & L ¢ Pub Tel 4%28 88 .............. 1 Indpls P & L Trac Term: Corp 35M. crese 8 Indianapolis Water oud *Ex-Dividend. IR ys com. . Jeff Nat Life com Local Produce Kingan & Co com n Xingan & Co it Sree PRICES FOR PLANT DELIVERY Lincoln Loan Co 5% pid ....100 ira Poultry: Springers, 3 Ibs. and over, 33¢; Marmon Herrington com .... 6 7 ghorn spribgets, 2%c; cocks and stags, Mastic A 1t 9 |10c; hens, 4% Ibs. and over, 24c; under Natl Homes com . 13 [4% and Leghorns, 18¢: soft meated echickN Ind Pub Serv 5% 100% | ens, 23¢c; No. 2 Poultry, 40 less than No. N Ind Pub Serv com 18% | L Progress Laundry com 2% Butterfat: No. 1, $e: No. 2, S6e. PR n% Buss; Cusiuit decsipia, 34 De. 30 case, Pub Beiv ot Ind com . 40 2 3%; grade A large, 4l¢c; medium, 37¢; no Pub Serv of Ind 32% pd. 93 » | grades ge.

isis Eo

Expect Mild Simp

WASHINGTON, June 5. (U, P,) = A poll of businessmen, farmers and labor leaders indicated their belief that a mild recession may be In

‘|the offing this fall, but discounts

fears of a serious depression. The poll was taken by Dun & Bradstreet, New York business statistics firm, for the joffit congressional economic committee. The committee will open public hearings {June 23 to question businessmen and others personally on the economic outlook. A majority of the §88 persons participating in the poll expressed the belief that production, employ« ment and sales will be lower in the second half of this year than they were in the corresponding 1946 period. There was general agreement that prices on most goods will drop and that wages will increase further.

Indiana Master Torin

Meet Here June 10-12:

Problems of the plumbing trade will be discussed at the annual con= vention of the Indiana Association. of Master Plumbers, June 10-12, at Hotel Lincoln. Some of the topics which will be taken up are the shortage of skilled labor, need for a broad ap-

prentice training = program, and scarcity of many plumbing ‘ materials.

Officers of the association are A. C. Sandberg, Lafayetle, president;

ven. |Albert W, Smith, South Bend, vice +++ president, and C. O. Merts, Lafa~ .|yette, secretary-treasurer,

INDIANAPOLIS CLEARING ROUSR

‘ALL RISKS’ Insurance

Personal Property \ 1 iT

# A AGENT

It pay

MUTUAL

Grain Dealers Mutual Agency, Ine.

1740 North Meridian $0 WAbash 2456

48% hrs. Chicago to Los Angeles 55% hrs. Chicago to San Francisco

P. FISHER, General Agent, SANTA FERY, ™ 31 Meréhants Bank ie INDIANAPOLIS 4, IND., Phone: Wha 9516-9617

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® Daily Service ® No extra fare Daily ; Westbound Schedule » Smooth Diesel power Lv, Chicago « + . +» 12:13pm ® New type chaif cars Ar. Grand Canyon . i 7:00am ® Courier-Nurse service Ar. Los Angeles 4 4 4 11:00am Ar. San Franci i : ® Roomettes, bedrooms, compart- ” id Li tem ments, drawing rooms and berth | A“ Diego : i i 1 230 pm accommodations Daily o ® Beautiful lounge car: ; i A Schedule Lv.San Diego . . . . 11:45am ® Delicious meals as only Fred Lv. Sin Prancisco 8:00 am Harvey can serve thems Lv. Los Angeles , , , 1:30pm ® Through Pullmans direct to Rim * | 1v Grand Canyon : 830pm |° of Grand Canyon. fo — ; : As. Chicago $44 ¥opm For further information, salle — !

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