Indianapolis Times, Indianapolis, Marion County, 21 September 1950 — Page 16

2° Starring in “JET PILOT”

An RKO-Redio Technicolor Production

Sportsman John Wayne says,"Big fish are great for tall stories, but for good eating, give me the smaller tuna every time!” Only the smaller, naturally better-tasting tuna are packed under

Star-Kist Tuna-Kraft Dinner (Lass than 134 por serving) 1 Me. % eon Stenitist Chunk Style Tune pockoge Kraft Dinner

of the Stars” Use it in all your favorice recipes t00. You'll get extra flavor, extras

quality, extra eye-sppeal.

Bay either PANCY SOLID PACK or CHUNK STYLE... Both are the seme fine Star-Kist quality!

" SorKist The Tune

In Germany's

Steel Scrap

Steel Officials Lament Miscalculation on Vast Over-Supply By JAMES DANIEL Siripps-Howard Staff Writer WASHINGTON, Sept. 21 Some of the nation's top steel executives now are regretting a miscalculation they made only a {few months ago in the matter of importing scrap metal from Germany; | ‘They didn’t buy it when they could get it and now it's withdrawn from the market. Two years ago the steel indus-

[try was using scrap faster than

{the collectors could provide (ft. {(A ton of steel contains roughly half a ton of scrap—50 per cent obtained from the steel mills’ {own waste and 50 per cent from

= the open market.)

The Commerce Department sponsored a plan whereby U, 8. scrap dealers would form a corporation to buy scrap from the Germans, whose scrap yards were | overflowing with war rubble and the civilian afeamulation not needed after Germany's defeat. But Justice Department law|yers pointed out that our antitrust laws permit such joint action only in exporting, and the one-corporation plan was dropped. | Buy Million Tons | . Meanwhile, the steel companies {themselves went ahead and {during 1948 and early 1949 bought |about a million tons of the esti-| {mated 10 million tons of scrap which Germany had to sell. | Subsequently, scrap prices here declined sharply and late last {year the Germans were offering virtually unlimited quantities of {scrap with no U. 8. takers. |

i | After the Korean War started |

the steel industry took another| {look at its ore and scrap piles land decided that if World War II history was repeated, scrap prices {would rise and force up the cost lof steel. Buyers were sent to, Germany. Meanwhile, the West Germans {had been given considerable lee-| {way in making their own eco-| [nomic decisions. Their attitude now is that the Bonn government can use all the scrap it has for| its own role in the rearmament of free Europe. Commerce officials here - that the loss. of this source of scrap is at least in part offset by | the reduced foreign demand for | our own steel output as a result of greater German production. Here at home, government and industry are keeping a close watch on scrap prices. Scrap is the one element Fol {the cost of steel over which steel companies have little oe trol. At one time last spring, | scrap—No. 1 grade delivered at [Pittsburgh, the bellwether grade] —was selling around $20 a ton. | Then about May it bounded to| 1846. It dropped to about $41 or; ® $42 just before the Korean out-| break, Thereafier it jumped back!

iriends

with Hills Bros friendlier flavor !

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: nn 1 4:

THE INDIANAPOLIS TIMES

Bare Shortage!

| NEW YORK & SHERMAN

loIJay Sa WW WEEKDAYS RB

UNTIL [| 1 CN

21st and ARLINGTON NEW YORK & SHERMAN (6th & LAFAYETTE RD. 3350 W. WASHINGTON 8210 E. TENTH 5639 E. WASHINGTON 2120 W. MORRIS ST. 2740 MADISON AVE.’ 831 E. 63d, Broad Ripple 4705 E. TENTH ST.

old) SUNDAYS

UNTIL » 2H }

38th and KEYSTONE 2120 W. MORRIS ST. 22d and ILLINOIS 4705 E. TENTH ST. 3350 W. WASHINGTON 2740 MADISON AVE.

NEW 1

{6th & LAFAYETTE RD.

38: KEYSTONE

OPEN WEEKDAYS

UNTIL

ILE

Yo 10

ITVS GUT GREEN BEANS

ARKO BRAND NEW 2 25° | PACK SLICED APPLES

No. 2 FRESH cans

"| just close up like a clam if it isn't Clapp’s Strained Foods”

2:19

& Schuster, Inge

REG. JARS

UVEHE EE SI IRIE SLSR ETL

LY DAR

Ne FOOD STORES

950 PACK

The Right Combination

STAR-KIST TUNA FISH

REGULAR ‘CAN

AND 3 5

KRAFT MACARONI DINNERS

GREEN LABEL

SALTI

kept cris,

KZ; FTL

GLO-COAT

| CREAM WAX

Regular 9118 Valeo evi utr, 38'¢

IN NIN 8

MIR

PEE

moist RELY ON SPRY inner. “Crit

TABLE GRADE MARGARINE

SPRY 3-78 NU-MAID 2g’ ARMOUR TREET =53" | ARMOUR Tamales pr w 2h 3 STEGNER CHILI =39* Brooks * Beans 2~ 29"

125.foet roll of heavy waxed paper in hendy “Sel-Servics" Dispenser!

WAXRITE POLISH

1] | QUART

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