Indianapolis Times, Indianapolis, Marion County, 14 November 1950 — Page 24

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grammer Shoop amelie: Bgured J for example, that the more peave a spear through A white am Sa vheat, the more flour an 3g; - = in flour the more bread and timated to be nearly four billion an: ate. Jou zat torel Bow BE SURE TO READ SECTION > ’ y - cakes and pies and no jump in Pushels” he reminded me in his R OW FOUR of The Sunday Times, It

price But they don't: use my kind of arithmetic out here. They dope everything out in terms of production and inflation to figure whether food prices are going up and how much.

To get the answers for papa’s ‘pocket and mother's food budget, I talked with Harry A. Bullis, board, Chairman of General Mills, largest flour producers in the world and second biggest makers

of ready-to-eat breakfast cereals,

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d continue to exert’upward pressure

Board of Trade. See Food, Price. Hike Mr, Bullis, a national vice president of the U, 8. Chamber. of Commerce and a member of the Committee on Economic Development, said “Although the supply of food is good. my best guess is that extra dollars for spending that our inéreasing defence program will. put in people's pocket will

on food prices. But I look for no

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substantial increases inthe immediate future, particularly if we can check inflation.” "I asked him if the price of bread will go up. “I can’t answer that directly,” he replied. “You see, flour in bread is only one of the price factors. You have also the cost of labor and milk and shortening to consider.” He pointed out that the bakers are the flour millers’ most important customers and that the price of flour fluctuates with the price of wheat, “The price of wheat is at about the same level as it was before Korea,” he added. .| “We have another billion bush(el crop of wheat with an adequate carry-over this vear,” he said. “And because -of this situation there is no need for price, or use aor inventory controls on grain at this time.” Picture Could Change However, he explained that certain things could happen to offset this optimistic picture: ONE: Full-scale war in thes riceproducing Pacific areas would cut down the production and export of rice, therefore sharply increasing the consupmtion of wheat in place of rice in Japan, Formosa and other areas dependént on the United States, Canada or Australia for their supplies, TWO: Our grain-consuming animal population is ‘almost at an alltime high, Although we have ample feed supplies at present! jour animal population may con- | {tinue to grow to meet the needs’ of our domestic demands and for shipment to our armed forces abroad. THREE:

Full-scale war or a

_ greater step-up in our prepared-

ness- program may call for the {production of large quantities of ‘grain. “As none of these factors seems likely to develop at the moment, I feel confident i... will ‘be no grain shortage this | crop year which ends July,” 1951, " | he said. Too Much Money | “But our crop of extra spend- | ing money may be too great as ia result of our mobilization plans,” he added. “About a vear from now there mav. be around

$25 billion more spending money

in our ‘pockets to buy only five billion dollars worth of more goods.. Much of this should a¢ siphoned off by taxation, interest { rates and other such indirect con- | trols if we hope to block runaway food prices.” f Next I talked with Mr. Uhlmann, one of the best-informed f grain men-in“the wortd: What he said makes mealtime sense when | You remember that i meat,

| “Our corn crop ghis year is es-

4. DRIVE IN: | rat ILE UTILS: BY " 02Y an an SPECIAL

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N Wheat Crop Suffi cient; ===: Corn May Be

Grain Men Warn U. S. Extravagance | May Trim Nation's Full Dinner Plates ALT ORY rT

Last of a Series . vast northern territory. Out here,qians 10 be held Wednesday on)

“By GAY NOR ‘MADDOX, Times Snecial Writer think of a steak as something juicy EN, WOMEN 3.0 Dea: BE ole ola. to broil and a loaf of bread as something vou make sandwiches out ontains tonic oie Of for the children’s lunch box. oh boda oo Pacaume Jax. of them mainly in ferms of bushels of corn and wheat, We have a big “orn and a big wheat crop this year. Bv my old

and with Richard F. Uhlmann, president of Uhlmann Grain Co.;aml former president of Chicago

THE | INDIANAPOLIS TIMES

Lure of Old West Health Conference Strong in Australia Will Hear Educator

Times State Serviee DARWIN, Australia, Nov; 14. FRANKLIN, Nov. 14 — Dr. je DN er feel you'd like to/ Warren Southworth, head of the ve in days. of the old west and sti ® big money? {Department of Health Education, i | Both are je. today in the {University of Wisconsin, will 3 possib y ;Speal€ at the third annual Health

Short in 1951

as much. as $225 a week shooting buffaloes for their hides. Australia. unfortunately, can’t provide you {he excitement of raiding’ Indian braves. Even the aboriginal natives only.

J. Everette Light, superintend- | ent of Rushville city schools, is general chairman. Harold W.! Richardson, president of Frankin College, will give the welcome rarely address.

But here in Chicago they think

Board of Trade building office, ®VeT. there are always the py-

“That's 4 per cent below the rec- HONS. crocodiles. deadly Taipan has been especially designed to ord year of 1949. but snakes,

a” billion * and the prospects of dy- be helpful to those interested in bushels larger than in the vears ng ot £1050 Tor The Tammie Tome homes. This big Real Estate secimmediately before World War ~ tion is full of news about the 3 ~ this year than last and that those tremendous building industry of He warned me not to be too porkers are being fed to heavier Indianapolis as well as offerings

sure that would be enough for all weights. pres Ct err — r ih ly 1, For Sale! purposes, “explaining: “Don't But fortunately, the corn of neat Hy. 000_HOMES.For-Sale overlook the fact that our popu- yields per acre this vear were lation is increasing at the rate of above average and we had a rec-| FALL Ld

2.5 million persons a year. That ord carry-over,” he said. *“It‘ could mean ‘we are facing a takes about seven pounds of rather permanent feed grain grain and forage to produce a shortage . You see, we now have pound of meat.”

to produce about 22 bushels of He ended on corn per person in .the United, warning: States to give him as much meat butter and milk as he

of TRADE MARE OF AUDVOR, Ing SUCCESSOR TO Wesreru Elecrric HEARING AID DIVISION

this note “But unless we cut out our national extravagance - and the

eRES. give American doliar some wants." e __so@al security, too, inflation is DIPHON He added that we are raising going to {trim our full dinner Ay E COMPANY OF INDIANA

a lot more bacon and pork cnops plates,

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Mayor's Time: Pres ‘Reca As H

I LEFT City Hall, It was « cover my re being held t Somehon

Marine

Red Pc

In Pus -By EARN] United Pre TOKYO, ~U. 8. M shores of the voir-—one of the North} Wednesday t defenders ha had not had But the C back hard in Bouth Korea four-mile ret A _motori 7th I Homer L. L delphia, Pa. of the Chosii apolis Time) A half ho scrambling commanding the artificial “We've con at.this Sd

~POITTTE ACT

The Chosir of North powar had b by.the Chine:

<them time to

equipment Leave The Marin overran hea ment the (| time to remo American diverted fron drive northv

» on Monday

shores of tl 20 miles nort The 7th was gree-oelow Ww Some 1500 reported in Fusen.

Anotl Warn —TFhge that : “mer + dianaj row. will r low © night degre The sv last “ni Tow Ww . and cast 4 It wil mild .. casion © aftern