Indianapolis Times, Indianapolis, Marion County, 27 June 1947 — Page 30

Hog Trade Active H

ces Advance to. $

6:00x16 SIZE TIRE

PLUS LIBERAL

6.00x16 Tube

TRADE-IN ALLOWANCE 245 7

Today, as in the past, you can't buy a tougher, longerJife tire than ALLSTATE Ta ws I'S 88 #5 mney aan buy Only finest materials are used. Treads are designed for maximum road traction.

Hog trade was active’ at Indian-| 200- 220 , 3.00225 apolis stockyards today with prices i HH renrees Rash on weights up to 300 pounds gen-| 310 3% sa Tl ieis erally 25c ‘higher than yesterday. 30. 360 180081830 Yesterday's top of $25 advanced to) '160- 220 pounds ....,....... [email protected] $325.25 in this morning’s trade. Cattle prices remained unchanged a%%e 18.500 19.00 as did those on fat lambs and| 3% a HE ughter ewes. - + 18.006G18.50

Good Receipts were 5925 hogs, 400 cat-| 400- ¢

pounds c.aceevreves RRans tle, 350 calves [email protected]

175 sheep. Mrs. Rounds

230- 350 pounds .....i...... [email protected] GOOD JO CHOICE HOGS (3985) Slaughter Pigs 23.00 90 100 poun-s ...... . 17.3590122.50 28.00 CATTLE (400) 38.35 | chotce— 25.28 LO [email protected] 9001100 pounds ...iiiiii 26.259 38.50 1100-1300 Pounds .evve-esees. [email protected]

Buy 1iog-1300 BAR. savetraoracs Now at [[sioe-ise owmds umm: HR ; 700-4100 pounds ............. [email protected] Gr 25.75027.00 S . 25.75Q137.00 avings ooo [email protected] [email protected]

[email protected]

[email protected] 16.28@ 16.75

} {

Medium: 2... 0. Liane 15.286216.25 Cutter and medium ....... 11.00915.25 CALVES (330) Good to choice ciraaesas 21.00033.50 Common and medium ........ 10.00821.00 Culls (78 pounds up) ........ [email protected]

Feeder and Stocker Cattle and Calves Steers

Chotce— 500- 800 pounds ..... diseses '[email protected] 200- 800 Pounds ....eeconees 19.50031.50 sssesessness 16.50019.50

| Common | 500- 900 pounds ...........- [email protected] SHEEP (175) . Spring Lambs | Good to choice .............. [email protected] | Medium and good............. [email protected] COMMOR.: «one-day isons 16.009 19.00 Ewes ( Good and choice ......., cers 5.000 1.00 Common and medium ......... 4 Loctl Issues Ind Asso Tel C 2 pid ........ 41% 49% Ind Gas & Wat com .......... 14 15% Mich E L 4% pid 106 In ia henna . Water pld 1 In an I os Jeff Nat Life com 11 I & Ve o . 7 L “ 52 *Lincoln Loan Oo 5% pfd..... » ii Matinan Herrington com 6! n Natl Homes com N Ind N Ind Pub Serv

Eerie Hien

(~] - » g = Uy Cp = aj Se Fe " Ew: : FE

if i

A :

+++ [email protected]| million Dodge-Chrysler plant in Chi-

[pany to complete its financing.

2% the firm to show $15 million in new

;| would be unable to meet the dead- |

18% | there would be_no extension. H

=| Toxicology at Indiana u.

% |among 39 enrolled for a summer | ‘lcourse in Pharmacology and Toxi-

= School of Medicine. They include:

Gels 4 Months More

For His Financing

By NED BROOKS Scripps-Howard Staff Writer WASHINGTON, June 27.--Win-ner in two jousts with government agencies, P T, Tucker made plans today fér a triumphal unveiling of his “surprise car of 1948" before Washington officialdom. A Tucker Corp. spokesman said the rear-engine pilot car—model for the 1000 a day, which the firm promises to produce by mid-1948— would be flown to Washington for its firsts public showing. : The exhibit was arranged for July 7-9 at the Statler hotel with government officials and congressmen as guests, Given Four More Months

This announcement followed a decision by war assets sdministration to give Tucker Corp. four more months of occupancy of the $170

cago. The time extension to Nov. 1 was granted to enable the com-

Simultaneously, the securities and | exchange commission in Philadel- | phia cleared the way for a public, offering of a $20 million Tucker! stock issue. { The financing had been before SEC since May 6 and the commis- | sion recently held hearings to de-! termine whether a stop order should | be issued against it because of al-! legedly false statements and omis- | sions in the registration. !

Just Before Deadline

Action of the two agencies came! Just five days before the deadline! set by war assets for the company, to meet the government's financial | terms or surrender the plant. The| WAA-Tucker agreement required

capital by July .1, pay accrued rent and other charges and pay advance rent. | If it met those terms, Tucker Corp. then was to be given a 10-| year lease with an option to pur-| chase the plant for $30 million and the right to buy or lease the | equipment. | Delays in the financing had made it apparent that Tucker Corp. |

line, but war assets officials had |

insisted as late as last week that!

Local Students Study

Fifteen Indianapolis students are

cology at the Indiana University

“o,

REDROOM

in Mattress With Springh as

’ 4

Vist Our Complete HARDWARE DEPT.

Go d. Ind cord construction fights blow- gSons Fin Corp pid ......... outs, gives long wear, Biectonie Lab 2 all *Herfl-Jones cl A pfd s : : Foaaok Drag om Coro. AA Other Sizes at Proportionately Low Prices" quae cutamG Sour, — PAVED." scours unsvnsieinsionies 21,442,000

ROEBI

11) "Watch the swelterers go by” while you enjoy

I ey

Eas os and 3-

V-J Day.

not enough.

.20

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ART he ne Page ah i hy: Be Hk om ag ng

spring,

below a year ago.

The real Midwest gasoline situation!

More motor cars and trucks are on the road in the Midwest today than in 1941 and the per car consumption of gasoline is higher.

Twice the volume of gasoline is being consumed by tractors on Midwest farms as in 1941.

The railroads have four times as many Diesel locomotive units today as they had in 1941. Diesels burn lots of fuel oil.

Additional hundreds of thousands of homes, old and new alike, are depending on fuel oil for. clean, economical, efficient heat.

More planes arrive and depart from Midwest airfields. Every plane has a hungry maw that . must be filled with high octane gasoline.

It takes a lot of tank cars, pipe lines, and barges to bring crude oil to the refineries to produce the needed gasoline and oil.

Also, in the Midwest transportation is a serious bottleneck. At present there just aren't

Steps taken to increase supplies

‘Thousands of new wells have been drilled and are producing additional supplies of crude oil. Hundreds of miles of new pipe lines are in service. Our refineries are producing as never before —operating at new high levels.

Standard Oil's expansion program was blueprinted long before there was any break in the war clouds. It has been driving ahead ever since

Refinery projects already completed have added 13% to our crude-running capacity and other projects now under way, although behind schedule because of shortages of materials, will increase this figure to 27% by spring. Great progress has been made. But all this is

Why the Midwest feels the pinch

Last winter's heavy demand for heating oil" ‘caused Standard Oil to make large increases in fuel oil yields at the expense of gasoline. As the result of this and heavy gasoline demands this Standard’s available gasoline at refineries and terminals are 30%

inventories of °

2 ».

STANDARD OIL CO

re on the

enough pipe lines and available tank cars to carry to the Midwest the extra load of crude oil and finished products from distant producing and refining areas. Here again, projects which will help the situation by next spring are under way.

How Standard Ojl is handling the situation

In the interest of fair treatment of all our customers, we are putting into effect at once an allocation system for the distribution of our gasoline during June, July and - August. Throughout these months the total amount to be supplied*Standard Oil Agents and Dealers in the Midwest will be approximately equal to what they received in 1946 during the same period. Since gasoline sales are running millions of gallons ahead of last year’s, Standard Oil Agents and Dealers, in turn, will be unable to meet an unlimited demand. This temporary allocation system is adopted for your protection. . We frankly do not know how long this situation will last. We are laying our plans onthe belief that it will continue through August— perhaps longer. We do not believe the situation is serious enough to justify the introduction of formal rationing.

How you may be affected by this situation

There may be times when your service station dealer will be out of gasoline temporarily. Even if you are not always able to buy all the gasoline you want, there should be no need for real hardship. Although this is vacation time—if folks will take it easy, will reduce unnecessary driving, and not drive at high speeds that consume a lot of gasoline—everybody should. be able to stay on a fairly normal basis. Nobody needs to become panicky. Hoarding, which is dangerous, would only aggravate the situation. Standard Oil Dealers are cooperating wholeheartedly in this temporary emergency, which there is every reason to believe will got be of too long duration. . We earnestly bespeak your cooperation with your favorite Standard Oil Dealer. Both he and hig want to see you often—and for a long time ‘come. :

MPANY

ay ph of 5

(INDIANA)

LOCI

except

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