Indianapolis Times, Indianapolis, Marion County, 14 September 1948 — Page 3

TUESDAY, SEPT. 14, 1948

Warns Agdinst STRAUSS SAYS...

TRADITION WITH A

Penny Cut in - TOUCH OF _ A Bread Prices pd \ He ay, Slash |

By EARL RICHERT

Howard Stall Writer WASHINGTON, Sept. "14 A one-cent reduction in the price of bread would put practically every baker in America in the red, a) leading indus here today.

of Washington, a member of the | board “of Governors of the American Bak-: ers Association, “a reduction of half a cent a} loaf also would put the average : a baker in the hole.” The aver- Mr. Richert age profit on a loaf of bread is! slightly less than a haif-cent, ac-| cording to industry figures. | That, said Mr. Graeves, is the! reason bread prices can't come down though wheat prices have| ° dropped about one-third since! January. | Agriculture Secretary Charles| Brannan and others have pointed) to the decline in wheat prices as proof that city consumers do not necessarily benefit when farm| prices drop. | Blame “Something Other” | “Something other than the] price of wheat is keeping bréad| up, Mr. Brannan said in a] speech in Towa last week. The baking industry contends] -that the ‘something other” is localized factors of cost and com-, petition which, more so than the! price ‘of wheat, determine retail bread prices. - Flour represents only one-third of the baker's cost! of producing a loaf of bread. The baker usually gets 12 cents of the 14 cents a consymer pays for bread. The grocer gets 2| cents, Here is where the 12 cents goes, according to industry figures: 4 cents for flour; 2 cents for milk, sugar, shortening, yeast and salt; 3.6 cents for labor thourly wages are up 80 per cent over 1939): 144 cents for overhead, insurance and equipment; .48 of a cent for taxes and 48 of a cent for profits. bases and Reduce Revenue “My plant turns out 400,000 — Emerald loaves of bread a week,” said one baker. “If I reduced my price modified a cent a loaf that would reduce! ; my revenue by $4000 a week and Full inches I'm certainly not making that much profit.” Another major contention of| the baking industry is that bread

h Floor did not go up every time wheat priceswrose,

Marks 30 Years As Phone Worker

Mrs, Mary Franklin, 1221 Man-! hattan 8t., today observed her, 30th anniversary in the telephone! business. An operator here for the Indiana Bell Telephone Co., she will receive an aniversary pin co mmemorating her service. Before joining the Bell System, Mrs. Franklin was a PBX aperator at the old Marion Club and later worked on the ‘switchboard! at the McCordsville exchange, | She has been a member of the] Telephone Pioneers of America, a national organization for vet-| eran telephone men and women, since 1940.

Mrs. Franklin

Pennsy Clerk ] To Retire Oct. 1

Times State Service LOGANSPORT, Sept. 14.—| Harry L. Higgins, chief clerk to| the superintendent of the Logan-| sport division of the Pennsyl-| vania Railroad, will retire ir active service Oct. 1. He will be succeeded by Carl J. Manders, clerk in the railroad’s| operating office here. A dinner| honoring Mr. Higgins will be held | Sept. 30 in the Isaac Walton club] house, \ | Mr. Higgins, a native of Mo-| rocco, Ind., entered the railroad's| service as a clerk in the mainte-| nance of way department here on| June 12, 1903. He advanced to| secretary to the general manager at Pittsburgh and later to secretary to vice president. In 1917 he was appointed chief clerk to vice president.

Local Insurance Agents : . : [2 \ \ To Get Training Course, Indianapolis life insurance agents are to have a two-year- \

advanced training course made available to them by Life Under-| ° writers Training Council of New DOBBS York beginning next month.

wis Set Je bas HATS NOW'S THE TIME FOR A MAN ‘10 GIVE THOUGHT TO HIS FALE HAT!

Underwriters Association. He Tange in said the new course will supple

ment train ro which price from if icp’ : hink mellow (due to liberal and know-how hand kneading)— sil iigivie. sents. have hii $8 fo $20 of course, it isn't absolutely necessary fo! : he knows that Dobbs handles color like nobody handles pleted with their own companies. WH in order fo buy a hat---Buf a man who does a bit of coloredesp and richeor it. the Tight pastel Hones OES 3 to Hold Dinner p08. tr thinking, naturally and with finality, And among Dobbs’ presentations (a sensation in

Syeen Esther, Chaplet, No. 3 are really : . ' the Hat World) are those GLOVE FINISH HATS— to Bold » Brothers’ Night Dinner. Sanckal says fo himself or audibly---IT'S THE DOBBS! aah sha Fires oe or a baby's A regular meeting with initiation : : Of ceremonies wil follow at 7:30 shies For he tia d'the doyelcoc {that's "cockeyed” touch——whichever is softer— p. m. in the Mas y e. or he knows—an e deye s"c y | PLAN TEA, BOOK REVIEW (everything spelled backwards) world knows—that Dobbs, the master And the DOBBS is as outstanding in VALUE The Women's Council of Cen- : P 9 tral Christian Church will hold considered) hatter, initiated about every advance in the Art of as it is in other egsential respects. th are ee al $10 Hatting—that Dobbs felts are richer, smoother more it's the Dobbs @ Period.

presidents will be guests of

GAR TO HOLD CARD PARTY

goEtetare 0 L STRAUSS AND COMPANY, Inc.—THE MAN'S STORE— THE MAN'S HATTER

Thursday at 2615; E. 10th St.

Pi ST EIA a En Pw oi wi ts pin ot lly A Rr eet

ony ya AR WO NOOR eR, MR og He a AAR a A ng