Indianapolis Times, Indianapolis, Marion County, 8 July 1948 — Page 5
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"HURSDAY, JULY 8
Bushel Crop Estimated
Increaséd Acreage Called Major, Factor
By LARRY PIPER Moving north with the ripening grain, Indiana’s 1948 wheat har-
vest--ioratast 3s ihe lajeeet 1 17 years—is now in full in
Marion and other central coun-|
ties. Pre-harvest estimates placed the Hoosier crop at 39.6 million bushels, which would be the largest since the bumper yield of 44,460,000 bushels in 1931. Purdue University experts said today that harvest field reports indicate the estimate is being borne out. They expect the average per acre to be about 22%; bushels. * Increased Acreage While the wheat on the whole appears to be turning out a little above the 20-bushel long-time average, an increased acreage is the - major factor in the heavy total production. Indiana has 1,760,000 acres in wheat this year, as compared with 1,552,200 in 1947. Last year’s average yield was 23 bushels an acre. Highest in the last 20 years was 26 in 1931, while the lowest was 121; in 1942. Most of Indiana’s wheat now is harvested by combine. Cutting
is nearly complete in KnoxX|Bloomington, Ill, attended LinCounty—banner wheat county of |coln College and the University the state—and elsewhere in the|of Illinois. southwestern area. - Last week|the Western Electric Co. in 1924 the wheat was combined on the|as a test set meter maintenance Purdue University experimentaliman.
In 1926 he had charge of pur-|
farm near Bedford, with a 24bushel average yield.
Some stem rust was reported! later acted as chief of the inspecin the southern counties, but the|tion results division and the qual-
damage was not severe.
In the Greencastle area this week many farmers are reporting < yields up to 30 bushels an acre.[office equipment and in 1943 beCombining will not start generally in northern counties before
the end of this week.
The Marion County yield this year will be about average, or in the vicinity of 25 bushels to the .; of acre, believes Horace E. Abbott, 8. 8 is. Le olde hatents on county farm agent. However, the . county has less than 10,000 acres th 1 in wheat. The acreage has been of :the nsw. plant hate. gradually shrinking, as farmers
comv< MOVE {0 ISOlate
oats crop is close to the bumper category this/ year, Mr. Abbott » reports.. With introduction of im- Tito S readin proved varieties, the yield per acre has been climbing steadily and the farm agent believes a 1948 average of 50 bushels an Kremlin-directed campaign of, acre is possible. Acreage also has|eastern European Communists to been growing as oats advanced|isolate Marshal Tito and Yugo-
turned to soy beans. However, Marion
into the profitable crop category.
The county this year has between and Hungary. 15,000 and 20,000 acres in oats.
1948
THE INDIANAPOLIS TIMES
argest State Wheat Harvest Since 1931
PAGE
In Full Swing
W.E “MANAGER—The new Western Electric plant to be |up enough under rent control to
erected in Indianapolis will be under the management of G. F. Raymond, who comes here from the Archer Ave, shops of Western Electric, yg Chicago.
Western Electric Names Manager
G. F. Raymond to
pointed manager o1 the new Western Electric plant to be erected here by 1950 employing 5000 men and women, it was announced today.
Mr. Raymond, a native of
He began work for
chase materials inspection and
ity standards division.’ From 1936 to 1938 he served in the manufacture of disl central
came superintendent of the government apparatus equipment shops. In 1946 he became superintendent of the rcher Ave. shops in Chicago. In 1941 he married Helen Balk
He will supervise construction
LONDON, July 8 (UP)—The slavia spread today to Romania
Tension between Yugoslavia and her two closest neighbors,
Local “Produce. -
Bulgaria and Albania, has been high ever since the Cominform
Poult: ringers
Ibs. a over, 28c; unde!
7) he, 19c; No. 2 poultry 4c less .than Communists. - vo. 1. ¢
Eggs—Current receipts, 54 lbs. to case, Romania's suspension of oil ship-
35¢c; Grade A Large, 46c; Grade A
dium, 40c; Grade B Large, 38¢c; no d Mee ments to Yugoslavia and the in-
Butterfat—No. 1, 77c; No.
3, 3c. (Prices quoted by Wadley Co. delivered
at plént.)
and broilers, 38ct|excommunicated the Yugoslavs ; cocks and stags,|from the family of international
Tr The latest development was
tefruption of the Bucharest-Bel-grade boat service for “technical reasons.”
: i 45 ac iol OF « 2
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tions, are regularly made available to our clients. through weekly surveys and monthly bulletins on
You gre invited to write for our current Stock Survey
THOMSON & M¢KINNON
BROKERS IN SECURITIES AND COMMODITIES 5 East Market Street CHICAGO Offices in 39 cities in the United States and Canada ,
a SECURITY AND COMMODITY EXCHANGES
This new move followed Albania’s severance of economic re-
Steady Rise | Seen in Rents In Key Cities
regular surveys in key cities. abreast of food. rents are going
be an important factorwin the constantly mounting: cost of living to moderate-income families in big cities. i
rent-control rents have gone ip an average of 6.9 ‘per cent throughout ‘the country—the same amount as clothing but far from the 30 per cent increase for beef and veal in the same period. : Many Si
the last year came in the JuneOctober period when thousands]
o of tenants signed the so-called, Head Operation Here “voluntary Sign per cent rent in- commander at Ft. Harrison and|
G. F. Raymond has been ap-| creases.”
vhousing officials here say cau-
6.9 Per Cent Boost
Noted in Past Year By EARL RICHERT Scrivos-Howard Staff Writer WASHINGTON, July 8—Rents
are continuing to go up slowly|
Although far from keeping
Since Congress loosened the law
i {
ign ‘Leases’ Most of the rent increase in
this year there was a general hesitancy on the part of both
any rent changes because of uncertainty whether. Congress would renew the rent law. So rents remained fairly level. But since Congress renewed the law in February rents have been climbing steadily in all cities checked by the bureau. Expires in March '49 Miss Helen Humes, head of the rent section, says thousands of tenants who did not previously sign the 15 per cent increase leases are now ‘signing them to insure occupancy of their present quarters until the end of 1948. The current rent law expires at the end of March, 1949. Local rent offices also are granting thousands of rent increases as a result of so-called’ hardship applications by landlords. Any landlord who can| show t he is losing money on current rent income is. almost automatically given a rent increase. Although President Truman criticized the current rent extension law as being too loqse,
tiously that the law has not broken the dike because rents are not making sensational advances.
Funeral Tomorrow Times State Service CRAWFORDSVILLE, -July 8— Services for Cornelius J. Brennan, former Veedersburg busi-
= === Col. Beaucond Plans to Retire
Army this month.
| U. §. Steel Adopts
RETIRES FROM ARMY— Col. Charles A. Beaucond, Ft. Harrison post commander, leaves the Army this month after 30 years’ service.
Post Commander
Col. Charles A. Beaucond, post
at Ft. Harrison in 1917. During
group commander in the South Pacific. standing instructor at infantry and artillery service schools.
It was also announced that
-{less disclos ment of the
Drops ‘Basing’ Method After U. S. Decision
PITTSBURGH, July 8 (UP)— U. S. Steel Corp. predicted “hardships and dislocations” for the| {nation’s industry today in announcing its departure from a Pearl Harbor to do her last duty] 50-year-old policy of absorbing as a guinea pig. She was marked | freight costs to distapt customers.
would follow its switchover. { Mr, Fairless said the shift re-| sulted from a U. S. Supreme; Rear Adm. Marshall Court decision holding a similar commander of Task Force 38, freight absorption Sysiem ” the which carried out the attack, said cemen us an unfair laborithe New York sahk because she At Ft. Harrison hd He said U. 8S. Steel arently was had no choice but to change. Under the present system, a|peljeved. ex jve of the Indiana Military/steel customer pays the same de-| During the first two months ‘og istrict, will retire from thelivered price regardless of which| mill he buys from, A pative of New Albany, heor the actual freight charges. tenants and landlords to make|attended Purdue University and i aE eT was first lieutenant in the Army
lead
its location|
Whisky, Cash Taken
World War II he was an artillery From Zombie Inn . Theft of $275 worth of Whisky | jaorees at her anchorage in Pearl He also was an out-a54 $20 in®cash from the Zombie 5 rbor. ug Inn, 4623 E. 10th St, was re-towed to the target area, she de-
transferred June 15 to Indlansighen he reported for work this|
town, Pa., where he was to 8erve| poring and found that the door /misses as a senior air instructor with) 4 pean pried open.
prod-
‘of two {hail of ito test i
[for assault with 1000-pound radar
Pilot Goes Down The Navy later reported that a; Marine Corps fighter plane fell linto the ocean and sank with its [pilot in the maneuvers that sank| the New York. The pilot was, not identified. | The kill was scheduled for noon
{tests and cut her up for scrap.
Blamed on List Greery,
more heavily {damaged at the Bikini tests than
“The stuff we threw at her her,” he said. “She {already had listed. When you get somebody off balance, you don’t have to hit him very hard to !knock him over.” | Adm. Greer said that the New {York already was listing three
{didn't sink
When she was being
{vertising Co. (Jacobs, Inc. was announced to-{least the week after next before day by Charles A. Gallup, former the President can issue the series
Gallup Co. presJacobs offices are in Y ork, Chicago,
apolis,
Battleship New York Sinks [Sees Convention F.0.B.-Mill Price Ahead of Navy's Schedule
Rolls Over While Being Towed To, Make Wonder Weapons Target
{ HONDLULU, July 8 (UP)—The battleship New York, survivor 1d wars and two atom bombs, finally went down under a ets and bombs before the U. 8. Navy could get a chance newest wonder weapon on it. The 27,000-ton battlewagon rolled over and sank prematurely President yesterday while being towed to a target zone 44 miles southwest of (Predicted today that
Advertising, Firms
|guided “bat bombs,” aerial and] President Benjamin F. Fair- submarine torpedoes and omer ANNOUNCE
reluctant abandon- modern non-at~=jr Weapons. rporation’s historic “basing method” of selling steel and adoption of the f.o.b.-mill system. Mr. Fairless said “big steel” will quote prices on all its ucts f.0.b. the shipping or mill point “in the near future.” Others May Switch Because U. S. Steel produces today after those weapons had} a third of the nation’s steel out- been tried out on the 34-year-old put—50,000 tons of finished steel Dattleship. The Navy chose her a day—It was expected that the/as a target ship because it would majority of other steel producers cost too much to decontaminate in the her after the Bikini atom bomb
Delaying Draft
WASHINGTON, July 8 (UP)— A top Selective Service official"
Truman will put off preparations for the new peacetime draft unM til after-the Democratic Convenerger tion.
The merging of the Gallup Ad-| He told 2 reporter it was his ig with Bozell &!"best guess” that it will be at
of orders necessary to put the draft law into operation. _ Top White House aids, he said, are believed to be too preoccupied with convention matters to draw up the orders this week or next. Although the draft law provides that inductions may not start before Sept. 22, it will take time to set up the necessary mas chinery. Mustn't Play Hookey Before the draft can start, Mr. associated with Mr. Gallu Truman must name a national Bozell & Jacobs : P |Selective Service chief, set a regin Omaha as advertising account|istration date, appoint state draft executive for 10 years and later|directors, name local boards and as vice president and co-manager get up a basis for granting dee of their Indianapolis office handl-|ferments. ing national accounts. Men 18-through-25 must regis He is a member of the Adver-ter for the new draft but only tising Club, Press Club, Sales|those 19-through-25 will be draft-
ident. Bozell &
MinneDallas, Houston,l Shreveport, Angeles, Louis-}§ ville and Seattle. Mr. Gallup was formerly
Omaha,
Pendennis Club of Louisville and|unteer for 12 months of duty in the state and city chambers ofthis country. commerce. Defense Secretary James Fore restal said yesterday that memU. S. Statement
bers of organized reserve units hp will be draft exempt—if the units me ABHINGTON, uly fo tor inejTequire at least 35 drills a year
current fiscal year through July 6, com-and if the members do not play pared with a oar ago: hookey.
ported to police today. |veloped a 10-degree list. This Was|gypenses hl Yeates seseasesss| To qualify for exemption, the Owners Harold Bearman and|dque to the motion of free water Receipts Meson eee is men must have been members of Col. Henry A. Sebastian, com-|Robert Thopy said the burglary|inside the warship and further |Deos seiance' 4450031400 _2.700.4s8.083/such units prior to midnight, mander at Stout Field, will beiwags discovered by the bartender leakage, Adm. Greer said Public debt 253,018 448,631 58.206.632.13¢| June 24, 1948—the date the draft Ee oh believed the near-|C0ld reserve 33,883.603,068 31.204.001.088 oot was effective. Their absence from 500-pound aerial| TNDIANAPOLIS CLEARING RQ SE _|rate from drills must not top 10 bombs opened her seams aft. Slptings Cel sass o0e| POr cent. .
the Pennsylvania National Guard. Indiana reservists will give a farewell dinner in honor of Col. Beaucond and Col. Sebastian tonight, with officers expected to attend from throughout the state. *33
Italian Reds Keep Strike. Wave Rolling
ROME, July 8 (UP) — Italy's 850,000 steel workers struck at noon today in another of a series of anti-government token walkouts which Communist labor leaders threatened to build up into a nationwide general strike.
The half-day walkout of the steelworkers was to be followed by a 12-hour strike of glass and ceremics workers tomorrow. A nationwide strike of gas workers was set for Monday, and threatened to cut off all gas supplies by midweek.
nessman, who died Tuesday in
St. Bernard's Catholic Church, with burial in Calvary Cemetery.
Chicago, will be held tomorrow at|/had the government admittedly
The systematic strike campaign
“greatly ied” with the threat of a general strike.
Hog Prices B
apolis Stockyards as good to
lations with Yugoslavia and denunciation of existing AlbanianYugoslav commercial agreements.
| 3 ‘Gable Gets in Spot
COLLEGE ‘That Isn't Fitting
ranged from |a top of $30. | Authorities at the Stockyards {blamed an inadequate supply and l“yery strong” demand for the |year’s highest prices thus far. The
record of $29.50, established on |
NEW YORK. July 8 (UP) — Jan. 12, was broken yesterday, as
MArket 3501 TORONTO
Clark Gable, en route to his tai-|prices rose to $20.50. Today's gox, rices. . Th lor yesterday, got off the elevator |$30 is the highest for the year, $2.00 prices, ry It's scarce, but Capitol Camers has jon the wrong floor of a Fifth and just $1 below the all-time rec- higher than yesterday's averages. it in stock Avenue building. When he asked |ord of $31, established on Dec. 24
Record, Hit $30 Top ,
Hog prices soared to a new) prices from $20 to $23.50 for the yearly high today at the Indian-| bulk average.
choice * 170-t0-240 pounder sales|strong, ranging from 50 cents to $29.50 to $30, with|$1 higher in spots, with less
reak Year's
Fat lamb sales were steady to
| attractive quantities considered. { Prices on the bulk of good to {choice spring lambs were from $30 to $31, with a top of $32 sparingly. Cows closed unevenly, from $25 {cents to 50 cents higher, with
|
| good beef cows around $23.50 to
»
July 8S oN EOLLTYIE Colon for a fitting, those in charge of|and 26 of last year. 123%0P TO CHOICE Hogs (S18) co < : the establishment prepared to| The hog market closed active| 140- 160 pounds vee 33 00 CAPITOL CAMERA CO. take his chest measurement. today, with a good clearance of| j50 300 boungs 3304.18 207 W. Wash. St. RI-8972 The actor suddenly realized hogs, Some 250 pounders sold| 200- 220 pounds . . 20.50 30.00 that he had stumbled into the of-|for as much as $1 higher than 2 4 pounds . . 3p 40k 0 fice of Ruth Merzon Originals,|yesterday, with sows closing ag-| 270- 300 poun . [email protected] which specializes in outfitting col-|tjve from 50 cents to $1 up, at| 30: 33 pounds pa 331.00 lege men for female dramatic ay ’ ; parts and shapeless women. He| poands he ara [email protected] Sow fled down an outside fire oacape, Local Issues Good to chdlce— To BE ——~ | —July 8— 370- 3% Jeunds 23.50224.50 RAIL ACCIDENTS KILL 291 | STOUAS B14 Asked| 330 360 pounds |. ~ 22.90624.00 in the Brep ten Iaumths of aT) Agents Pin_ Corp com Sryeees 2 is 360- 400 pounds [email protected] there were persons n | American States ofd ........ - reeneas 34 400 -450 und: 22.00 X . |American railroad accidents but American States bf =: 25% 450-500 Pounds 70.00633.50 ] | A 4 fd series ‘€5 103: um only 33 were train passengers. +3 bvies Hadi i. "8 0a 250- 550 pounds . 17.00G:19.75 A ——————————————————=retes. Bly & Stk Yds eam. roe x 32% Pista lum ts good— 13.0003. + : | tk Yd . . ho pounds . v Local Truck Grain Prices Be a 14 n CATTLE (1000) me mee + wt | BobbS- Merrill pd .... Steers No. 2 red wheat, $2.11 Central Soya com ...... 31% | Choice— No. 2 white corn, $2.12. Circle Theater com .. 700- 900 pounds ............ 33.509 36.00 No. 2 yellow corn, $1.92. Comw! 4% pid . 90 | 900-1100 pounds ... [email protected] { No. 2 oats. 77c. Consolidated Finance pid 1100-1300 pounds . [email protected] . 2 soybeans, 14% moisture, $3.72. Cont Car-Nu-Var ....... 2 ~ ne LC - — Cummins Eng COM........... 18% 700-900 pounds ... ... 33.50036.50 Cummins Eng pfd ....... 900-1100 pounds ... ... 33.006336.00 Consolidated Industries % 11100-1300 pounds ... .. 33 00.36.00 FOUNDED 1913 Consolidated Ind ofd 3% | Medivm — Delta Electric com ........... 17 | 700-1100 pounds 217.000 33.00 Electronic Lab com % 1100-1300 pounds [email protected] Fu Wayne-Jackson BR R 89% | Common— Hays Corp pfd w w . 700-1100 pounds ............. 19.00027.00 Herff-Jones cl A Jie. « 11 13 | Heifers . ’ ome \ & Tel 7% pid..... 52 2 { Chotce— » . _* ind TUR OM Lerseigliaes | 600- 800 pounds ............. 35.508 37.00 Te) 2 pld . oonnenens 1 Giving Meaning to Facts Ind Aso Te dom 11 Tv mvs] 800-1000 pounds LL [email protected] Ind & Mich E | 4% pfd .. 100 130, .| 600- 800 pounds ........... [email protected] . 5 Ci saree . . y, y i Indpls P & L 8% pfd......... 3: 108 1 00-1000 bounds veiperrerres [email protected]| Facts are meaningless unless soundly interpreted. Indgls P&L Bf 4% oo M3 106 | S00. B00 pounds ............ 25.50G22.00 y . . ommon Remember, too, that factors which have a bearing indpls Water 4... 1 I DURES xenauvnssin [email protected] . on investment securities are continuafly changing. Cows (A Weights That is why we believe you will find out investment research facilities of real value. This department is staffed by men of broad experience who make continuing studies of company and industry trends. The facts thus gathered, and their implica
CALVES (
Good to choice ....... + 27.006G29.50 Common to medium ...... ... [email protected] Culls (75 Ibs. up) ........... 13.504 17.50
on and Stocker Cattie and Calves 0! cesessssesss 37.00Q29.50
500- 800 pounds .......e0000 35.00Q27.50 Medium 1 500-1000 pounds ..... eeeiees [email protected] Como 900 pounds .... ....... [email protected] y ives (Steers) Good to choice «or [email protected] Medium $00 nounds down ..... ..... 233:[email protected] Calves (Heifers) Good to choice pounds dowm ........... [email protected] Medium— . po down .. [email protected] Sprin, Choice closely 32.00 choice [email protected] Medium to good 27 20.00
Open Daily 9:30 to 5 Monday Thru Saturday
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€ Good to choice Common
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