The Indianapolis News from Indianapolis, Indiana • 30

THE INDIANAPOLIS NEWS, THURSDAY, FEBRUARY 7, 1946 MARKETS AND FINANCIAL Indianapolis Industries BUSINESS, By Roger Budrow Studebaker's Part in Preparation Liquor Shares Break, Steels Wood Grain Bins I Being Sold to Aid Housing Shortage Wooden grain bins which have Canning Machinery Built Here Speeds Handling of Products for Invasion One of the good industrial stories of the war concerns the project Studebaker undertook ad South Bend in preparation for an invasion of Norway in 1942. What was needed was a vehicle small enough to be carried by airplane, light enough to be dropped safely by parachutes, able to climb a 45-degree slope in soft snow, cross bare rock and get through spring freshets. Iff 1 ill ''efK hii i -tr--. irt-J It i'y -s, ,4 I 1 J- La. J.

KURT MAHRDT Move Higher NEW YORK, Feb. 7 (AP) A break of 3 to 5 points in recently buoyant liquor shares adversely affected most stock market departments today although steels sue-, cessfully contested the shift. Further profit cashing on the; lengthy climb to fifteen-year highs was attributed partly to the be- ref that the list may have at east partly discounted the mo-; rr.entarily expected new price- wage policy of the administration Talk of imminent settlement of steel hlnme aided metals. DeJins dwindled appreciably sfter a fairly active opening and extreme declines were reduced in the majority of cases near the fourtn hour with scattered gamers appearing- Prominent on the offside most1 of the time were Distillers Hiram Walker, American Distilling. Schenley, National Distillers American Airlines, Chrysiar, International Harvester, Ameiicar Kennecott American Power and Light, Goodrich.

Southcry Railway and New York Central. Pius signs were regis- tered for United States Steel Bethlehem, Republic Steel, General Motors, Philip Morris, American Smelting. Southern Pacific and Wiison Co. Bonds and commodities were spotty. Among Curb stumblers were Croft Brewing.

American Gas, Cities Service. Electric Bond and Share, and Babcock wnson. Niagara Hudson Power and Barium Steel were resistant. Distilling securities had to con-j On Sunday, May 17, Studebaker agreed to do the job, an article relates in the current Saturday Exening Post, One week later the design was com-pleted and production begun, The new vehicles, which looked like a light, open tank, were flown to ice fields in Canada for testing. Engineers set up a shuttle airplane service to bring newly-designed parts up from South Bend, As each change in design improved the Weasel's performance, details were telephoned to South Bend and the- necessary modifications made in the production line.

In October, the Weasel was accepted. And then the Norway invasion was crossed off and North Africa written in. "A little mad now," Studebaker and officials of the office of scientific research and development went back to work, this time in sand pits and mud-holes near South Bend. Some modifications were made in body and engine. The vehicle proved Itself in the swamps of Louisiana, The Weasel was busy from then on, in Italy, ashore at Nor-f mandy, at the St.

Lo break-- through. It went to Iwo Jima, Leyte and Okinawa with the Army and Marines. "Many a wounded soldier and Marine is alive today because the medics came and got him in a Weasel." Salesmen Cut Remington Rand's action In slashing salesman's commissions points up a current problem many firms face: Reduced profit margins (from rise in costs and OPA'i hold-the-line on prices) and the fact that many goods will sell themselves these days, so why not cut commissions? Here's the counter-argument: If we're to raise public con- POLISHING A PATENTED COIL -William Williams polishes the patented Kook-More Koil used in Langsen-kamp's large catsup tanks. The patented coil reduces 1 of tomato juice to 250 gallons of pulp in thirteen minutes. I seventy-eight Intervening years, tho firm has rpmainpH in the am-1 tvnir tt nniramn enn i of the founder, is president and in i Ai-tui Th tirr jel a modern plant and warehouse at UJ.

UJ vVi lUUtiVlii 1 111 1H Hi vv. upivo of a number of plants in lMsanapoli9 tnton Station to the close of last week Very early in its history thej kinds ticall were ab. of Norway Is Told sumption of goods, more salesmen will be needed, so why not pay well to build sales forces for the future? More Miami Beach Robert C. Grzham of Washington, former executive vice-president of Graham-Pasge Motors and well known around here, is undertaking a big development at Miami Beach, along with W. O.

Brings, chairman of Briggs Manufacturing Company of Detroit, and C. Fisher, one of the famous Fisher brothers of Detroit. A new village. Bay Harbour, is to be developed, covering 245 acres with 4,500 feet of ocean front and one and one-half miles of bay front. Plans are to build fifteen hotels and apartments along the ocean.

250 homes, a beach club, yacht club, shopping and community buddings all costing upwards of $30,000,000. Mr. Graham and other members of the Graham family own half the project. Scraps American tin users wonder if Great Britain is holding back the 9,000 tons of tin reportedly smelted in the Far East durins? the Japanese occupation in order to jack up to price. Eleven of the largest United States steamship companies plan eighty-nine passenger and passenger-cargo ships, costing $400,000,000 to $500,000,000, replacing twenty-two ships lost in the war and furnishing added service to fill world-travel demand.

Ball Brothers, of Muncie, will have a fruit jar plant about fifteen miles east of Los Angeles in the truck farming and dairying region of El Monte. levels, showed a substantial gain last month, Moses E. Smith, Den- mint 111411 OUpVIUHCMUClil i K1 1 I .1 with 29,927 ounces of gold valued at $1,047,431 turned in the month about double January, 1945 total. Plans of registered Invest merit i companies for bonuses, prof it sharing and pensions must be filed with the securities and exehance commission prior to their adoption i under a new rule by the SEC. Kroger Grocery and Bakitr Company reports sales for the four weeks ended January 20, ot $38,273,549 or 15.8 per cent, over the 1D45 Der od.

i BrisUol-Myers Company has de clared an interim dividend of 35c i on new common stock, equal to uc on me oia common, which paid 50c. Warner Gear to Expand at Muncie Special to The Indianapolis News MUNCIE, Feb. 7 Expan- tinn nf thf Warner Rpar Pnm- i pany's plants west of Muncie has i been announced by A. L. Emmert.

president of the local Borg-Warner I division. The addition will join I the two plants on the location and will add approximately 000 square feet of floor space, The company manufactures trans-1 missions for many of the lead-j ing carmakers in the plants. P. R. Croas Named Mutual Life Agent I i i i I I I i qORPORATION BRIEFS CHARLES II.

GAUDING Two Are Named a. RnriK PnQt UvIIIIv I vljij J. Kurt Mahrdt has been named cashier of the Indiana National Bank, succeeding Paul C. Buckler, who has been vice-president and cashier since 1942 and who will continue as vice-president. Charles H.

Gauding, a member of the auditing department, was named auditor to succeed Mr. Mahrdt, who had been auditor since 1939. May Rye, Deferred Oats Show Gains CHICAGO, Feb. 7 AP) The deferred options of oats and the ceilingless May rye continued to be the only grain futures traded on the Chicago Board qf Trade today. Fractional gains were shown by oats while the rye was up as muchJ as 3V cents at times.

At noon oats were Vc to higher while rye was $1 higher. Trading was light, but the fluctuation in the rye were rapid at times. Brokers generally withheld comment on the federal order banning the use of wheat in distilling and brewing. By Thomson McKlnnon (Range tor First 2Vj Houri' Trading) Oat Hog Receipts Smaller Yet, 3,500 Head In A shrinkage in the marketing of hogs at Indianapolis continues and most of the buying orders are unfilled. Fresh receipts Thursday were estimated at only about 3,500.

far less than usual at this time in the week. For the same day last I week the total was a few more than 6,000 and a year ago about 5.600 arrived, It is now generally believed there is really a shortage in the supplies ready for market in the territory tributary to Indianapolis. In the last few days, however, there also i a shrinkage in the marketing at other distributing centers and it appears the rush following the set tlement of the packing house strike is over. Prices still hold at the OPA ceiling levels. The gross total of receipts here for four days is about 22.000 com pared to 30.400 for the same time! last week and 24.500 for the corre-i sponding four days a year ago Near the end of the first quarter of this month the receipts show a loss of about 3.000 from the cor- responding period last February.

Total receipts at most of the lead-! ing trading centers for 1946 to date! shows an increase of nearly' 150,000 from the same time in 1945 but af decrease of 1.819.000 from the cor-! responding period in 1944. Brisk Outlet for Cattle Even the smaller packers and butchers had dilficulty in getting sudd ies from the run of onlv about 1.000. Consequently the com- lines soon passed over the scales at ifnllv ctoaHv cfrnno nricoe inv weakness noted earlier in the week! has been fully overcome and prices! nnw are in a strnnc nosilinn mm- sent again and not many were eligible to be classed as good. A few steers brought up to $17 but the rank and file of the offerings fell in a range of $14.50 to $16. Occasional heifers were sho' up to $16 with the larger nurnher grading medium to good at $13.50 to $15.50.

A few cows brought the subsidy price of $14.30 but the beef grades were usually in a range of $12.75 to $13.50 with plainer kinds at $9.50 to $12.50. canners and cutters $7 to $9.25. A load of thin cows, in calf, went back to the country for feeding at $10.65. Best bulls continued up to $14 with medium to good bolognas at $11 to $13. The best calves held the ceiling price of $18.05.

Lambs Strong to Higher The trading in lambs was a little slow in getting started but culminated in sales at strong to higher prices. Native lambs were reported at $15, $15.15 and $15.25 with others of the better sort down to $14.50 and plainer kinds $14 down. Most of the fed Texas lambs sold at $14.50 to $14 75 with outstanding sorts up to $15. The best sheep held at $7.50 with others $5 $7.25. GENERAL HOG QUOTATIONS 100 to 110-pound average $13 25 110 to 120-pound average 13 50 120 to 130-pound average 13 75 130 to 140-pound average 14 00 140 to 160-pound average 14 25 150 to 160-pound 14 50 160 to 400-pound average 14 85 Rough packing sows 13 00 14 10 Range in prices a year ago 14 80 CATTLE QUOTATIONS Steers for slaughter Good to choice $16 0018 03 Common to medium 11 75 Feeding steers Good to choice 13 50f14 00 Fair to medium 10 00M13 00 Stocker calves 13 00 15 00 Butcher heifers Good to choice 15 00 17 75 Common to'medium 9 50 it" 14 50 Beef cows Good to choice 12 75 14 30 Common to medium 9 25foi2 SO Canners and cutter -7 OOt 9 00 Bulls and calves Beef bulls 13 25CT14 00 Bologna bulls 10 00 Good to choice calves 17 5018 05 Common to medium calves 10 50 17 00, SHEEP AND LAMB QL'OTATIONS Good to choice lambs.

$14 E0W15 25 Common to medium lambs 9 50fi14 25 Good to choice sheep 6 00 7 50 Common to medium 4 50 fi 5 75 Yearlings 13 00 down LIVE STOCK RECEIPTS Following is statement of receipts at the Indianapolis live stock market for periods indicated: Hogs Cattle Calves Sheep Thursdays ,500 1.000 400 3.400 Week ago. 6.196 1,292 1.191 6.791 7,329 8.911 444 655 3,610 Year ago 5.650 21.493 30.406 24.539 3,517 Wk. thus far 11.593 2.187 1 7.636 3.096 6.816 2.419 15.720 3.382 6.445 Same last wk. Year ago Mo. to date.

Year ago 26.935 7.486 30.404 10.708 Gross Rece'pts for Year to Date 1946 1945 Gain Loss Hogs 200,918 242.012 41,094 Cattle 45,106 57,446 r2.340 Calves 12.918 19,858 6.940 Sheep 56,742 51,455 5.287 Hogs at Eleven Markets Estimated Thursday 72.000 Same day last week 88.000 Same day, 1945 51.000 Same day. 1944 122,000 Week thus far 357.000 Same last week 445.000 flame time. 1945 227 OOO Same time. 1944 565.000 tame time, 1943 336,000 Year to date 2,330.000 2,183,000 4.149,000 2.691,000 Same time, 1945 Same time. 1944 Same time, 1943 COTTON FUTURES FIRM NEW YORK.

Feb. 7 AP) Persistent mill buying against textile orders and I outside buying in new crop positions ad-: venced cotton futures today. Noon prices weer 10c to 35c a bale higher. March, 25.47c; May, 25.46c; July, 25.45e. i QUALITY-PLUS BABY CHICKS Prom V.

S. Ind approved pullorum controlled, expertly selected breeding flocks. Demand always greater than the supply order now. FRANK CONWAY BREEDING FARM and HATCHERY R. 15.

Box 694-B. Indianapolis. Ind, Location: Shadeland Ave. at E. 35tb St.

BUYus." APPROVED Pullorum Tested Chicks Bay the Best They Cost Less Hatch Every Tuesday WHITE PEKIN DUCKLINGS Bay Now Limited Supply IIOOSIER DELL HATCHERY 4451 W. Washington St. BE. 5043 Plenty Parkinc Space. Visitors Welcome been used by the government for storage of surplus crops in recent1 years are now being used to relieve the housing shortage.

Of the 449 granaries on hand In thirty-two counties at the first of the year, 211 were sold during January, according to A. Troyer of the state production and marketing administration, in charge of sales for the commodity credit corporation, the government agency that owns them. The coft isnges from. $66 to $282, depending on their size, Mr. Troyer said.

Buyers have been taking the structures, which range in size from 8 by 12 feet to 14 by 24 feet, and fitting them up for homes. County AAA committees have charge of sales. Bluffton O.K.'s Bids for Power, Water Equipment Special to The Indlanapolu New BLUFFTON, Feb. 7 The city council has unanimously approved-accepted bids for Diesel electric generating equipment for the municipal light and power plant and also for a new 400,000 gallon elevated water tank. Two ordinances authorise the board of public works and safety to complete the two installations it a cost of $198,887.

The two 1,000 k. w. Diesel engines and generators, together with auxiliary equipment, will be installed within six months by the Norberg Manufacturing Company, Milwaukee, on that firm's bid of $163,027. The water tank will be installed within six to eight weeks by tht Pittsburgh-Des Moines Company, Chicago, on that firm's total bid of $35,860. Home Building Picking Up in Anderson Special to Tht Indianapolis NfVl ANDERSON, Feb.

7 Reports indicate that a large number of homes are to be started here soon by Individuals and business firms. Elmhurst Development Company will start thirty new homes in south part of the city while William Wicker will start three houses "in North Anderson. R. R. Byrum is completing thirty dwellings in south part of the city.

Parking Meter Contract Is Let by Bloomington Special to Th Indianapolis Ntwi BLOOMINGTON, Feb. 7 A contract for installing 300 park ing meters at a cost of $19,200 was let Tuesday by the city of Bloomington to the Dual Parking Meter Company of Canton, O. Delivery within sixty days Is stipulated. NEW YORK FLOUR PRICES. NEW YORK APi -Flour Sprint terna (100 poundii.

3 78: aoft winter straight 08 pound). 3.774: hard winter atraltbt (100 pound) 3.7( HAVE YOU ANY FEATHERS? rm Nev) or Old S. Hifhttt Cash Priest Piid for Frtshly Piokad Qoosa or Duck Futhtrs (No Chiokon) ana feather bcdi. Urgently nedefl. Mall small aampta In erdinrry enrelep for prieea anal ahipninv tara i dept.

Feather Beucht for Year E. DUBKLE 537 N. East Sf Indiananolls 4, Dept. 1. Phone RI.

6695. mmmn Refan Shiaptoa Chart Bronze Poults 156,000 Capacity Smith incuDaiors G. Livers, See-Gen. Mgr. H.

Mantus, Field Supervisor list and circular and Supply Company Phone 710 PREMIER vV' MIYDRIDS TOR EVERT SSSb FARM aaa- xyCW. VERY FARMER XsX ULS--1 All Breeds)) TubeTeaCd I I field due to the government's! nine-point food conservation program which bans the use of wheat for alcoholic beverage manufacture. It was suggested, though, that some companies have large stocks of aged whiskey on hand and have also been purchasing alcohol from government surpluses for blending purposes. N. Y.

Stock Prices NEW YORK. Feb. 7 (AP) prices of (elected shares were: Midday ACF-Br 17 Hupp Motor 83'4 Illinois Central 41 4 Irtdpis Pw Ar 30 Interlake Iron 19 Int Harvester 96 'a Int Nick Can 414 lnt Paper 43' Int Tel A Tel 9. Kenneoott Cop bBt Kroger Groc 48 LWh 13. Lchigil Coal 5a Lockheed Aire 41'.

Air Heduc 55l, AiiiMa Juneau, il't Corp. Al C.i Dye Allied Strs. 50'. Am Alriinea 71 Am Ac itaa le Am Can. 9 I1 4 50 'a 12', a oistmdy." Am iHlO 41 Am Pw It.

Am As St. Am Roll M. Am 8m At Am fctl Fdrs. Am Sug Kef. 1 1 Loriiiard.

28 19' 4 Loujsv Nash 7H4 35 i Martin. 41 'a 713 McKess At Rob 50V4 Mo-Kan-Texas 15 Montg Ward, 78 'a Nash-Kelv 24 a Nat Biscuit 334 Nat Can 20V Nat Dairv Pro 42 Va Nat Distillers 73 Cent 33s No Am Aviat 15 North Am Co 314 Northern Pac. 33 Va Packard Mot 124 Pan Am Airw 24 Param s. Penney C) 564 Pcnn-Ccnt Air! 39 Perm 46Ta Pepsi-Cola 364 Phillips PtX. 523 47 37 Vj 1941'.

Am Tel Am Tob B. 85 la Anaconda 50 Armour i5' Aaionorp 1i3 Baid loci. 37Ji "10 28 31 55 28 1 1 1 31 52 22 'a 30' a 213 45 74 fili 49 61s. Bendx Avla. Best foods.

Beth St! Boelns Airpl. BucVrus-Erie Butter Bros. ce nc: Pressed 6tl Pullman Pure Oil Radio Corp Repub Avia Repub Steel 28' Caterp.i rr 66 Ml 22 a 13 19 Celanese Corp, Or ro de Par, Chcs Ohio ienrysier corp'iias Chi A NW 39 SaXeway Stores 27 Savage Arms 16Va Schenley Dist. 112 Scars 421 43 12', 33' 4'. 33 5 31 46 22 37 Mi 42 Coml Solv.

Comw Edu. Comw A Sou. Cons Edtson Cons Vultee. Cont Can. Cont Mot.

Cont Del. Crane Co. Crucible Stl. Servel Inc Socony-Vacu. South Pac.

Southern JMt Sperry Corp Stand Brands Stand Oil Cal 21s 17 65 58 38 48' 467i Stand Oil Ind. 404 52 3i Stand Oil J. 68 Stand Oil Ohio 23 Stokelv-Van Cp 33 Studebaker Cp. 32W Sunray Oil 9 Swift fc Co 40'i Texas Co 58'. 4 Tide aW 20 Transamerica.

19 34 Trans Ar A 57 34 Twent C-Fox 513 Union Carbide. 107 'a Union Pacific. 159 United Air 45 United Corp. 6 ''a Unite dAircraft 35s Unietd Gas I. 27 Rubber 6fi Steel 95 Steel pf 160 -Warner Br Pt 36' West Un Tel A 51 Westinsr A Br.

38Mt West Elec 385 Willys-Overld 23 Wool worth FW 56 Cuban-Am Sub. Curtiss-Wr. 11 Deere fc Co 47 Del Lk 14 Alrcft. 94 "a Xu Pont de 193 Eastern Air 104 El Auto Lite 79 Mi P3' Lt. 22 trie 21 3t Par ns Tei ish Motors 7bi.

O.Ilette Safe 30 ooodricn. 754 "jjyear ej Graham-PaiRe 14'a North Ry pf ei' CEn 45 Homestike Min 54'H General Elec 51' Houston Oil Hudson Motor. 26i 32' Underwriting House in Trouble With SEC Htnu me uioKer-cieaier registration of Van Alstyine, Noel one of the largest underwriting houses in New York. The SEC said the proceedings were an outcome of the firm's handling of the sale of securities for Higgins, New Orleans, before the effective date of regis tration of the securities. Last Close Open High Low Feb.7 Feb.O July 80 803,4 80 80 Vt 79 80 s.

1 Sep. 783-4 78 Va 78 V4 18 78 78 78 Dec. 78 79 78'a 78V 78V4 78 y. ,1 May 2 08 2 10MT 2 7' 2 08 2 07 Thf Langnenkamp Com- jL. Indian-, (t.

r-j; i Specialty of the F. H. Langsen- year-old industry, is building ma-1 chinery for canning of tomato products. In this field the firm has developed an efficiency which has given it a world-wide reputation. Machinery has been shipped to Russia, Palestine and other far-distant points.

William Langsenkamp. who had learned the coppersmithing trade in Europe, emigrated here from the kingdom of Hanover as a young man and took a job with Cottrell and Knight, a small coppersmithing shop at Georgia and Delaware streets. He purchased the business in 1868. During the Building Permit Values Lower in Evansville Special to The Indianapolis News EVANSVILLE, Feb. 7 Reflecting the present shortage of materials January building here dropped considerably below the December record, according to a report from the office of City Building Commissioner H.

C. W. Kratz. Amount of the building in January totaled $251,372 compared to $923,954 in December. It was well above that of January.

1945. however, which totaled only $69,286. While more permits were issued in January than in December jobs were smaller. Mathews Corporation Names Publicity Aid JR. H.

G. Mathews, president of the Mathews Supply Corporation, has announced that Marc A Williams has been appointed assistant publicity director of his company. Mr. Williams will assume his new duties immediately. He attended Indiana University and is a Delta Upsilon.

Since his discharge from the Navy a year ago he has served on the staff of the Indianapolis Star. The Mathews Supply Corporation, 517 East Washington street, is distributor of factory-bilt fabricated houses and garages and at present has ten active branch offices throughout the state. Prices Only Fair at Farm Horse Sale Special to The Indianapolis News NOBLESVILLE, Feb. 7 The first farm horse sale in central Indiana in some time was held here Wednesday. Attendance was large, but only fair prices prevailed.

Fifty-five head were sold, the top being a pair of geldings which brought $180. Average work animals ranged from $40 to S60 and what Raymand Wood ward, sales manager, terms "plugs" I went for $25 and up. PRODUCE EGGS Country run weighing 54 pounds or more a case. 29c a dozen; Indiana Grade A. larse.

32c; medium. 29c: no grade. 25c POCLTRY. Prices delivered In Indianapolis, Hens Heavy "breeds. 4i pounds and over.

22c a pound; under 4J2 pounds, 19c; Leghorns. 18c; springers, 4'2 pounds and over. 22c; under 4Va pounds. 20c. Leghorns.

18c; cocks. 16c: ali No. 2 prade poultry. 4c less. Bt'TTER FAT Indianapolis buyers, prices.

No. 1, 49c; So. 2. 46c. Butter prices Jobbers' selling prices: No 1.

45c a pound. NEW YORK DRY GOODS NEW YORK. Feb. 7 (API The cotton textile market continued largely inactive today. The wool goods supply was tight.

Only routine business was reported in rayon goods. AVERAGE COTTON PRICE NEW ORLEANS, Feb. 7 (AP) Average price of middling fth-inch cotton Wednesday at ten designated southern spot markets was 25.31c, up a pound. BANK CLEARINGS February 4 This year Last Year Clearings 5.784.000 4.238.000 Debits 17.008.000 16.581.000 Garage Remodeling Special to The Indianapolis News EVANSVILLE, Feb. 7 Plans for remodeling and expanding the Roberts Motor Company building here, have been announced by Dave Roberts, proprietor.

Floor space will be increased to 12,000 square feet, doubling the garage capacity. The estimated cost is Langsenkamp firm added to its general coppersmithing business the manufacture of brewer equipment and of copper and brass kettles for farm and home use. It was only natural then that pioneers in the canning and preserving industry would go to Langsenkamp for their kettles. Add to this the location of the city in the heart of the tomato country and' it can be seen how logically the firm developed as specialist in tomato canning equipment. This equipment is shipped to all parts of the country, and on export, and is used by the largest and most prominent canners of tomato juice, soup, catsup and chili sauce.

The complete line of canners' equipment manufactured in the plant includes steam jacketed kettles, steam coils for cooking tanks, complete stainless steel cooking units, de-serators for catsup, hot break systems, pulpers, finishers, juice extractors, chili sauce machines, water scalders and many more items, all built to specifications of Langsenkamp engineers. The equipment is adaptable for canning of products made from apples, peaches, pumpkins, squash, sweet potatoes, berries and citrus fruits. 4 "Greater Efficiency in the Canning Plant" is the firm's slogan. Langsenkamp engineers are responsible for innovations in machinery which have resulted in greatly improving the finished products, as well as eliminating waste and increasing production in canneries. The hot-break method for tomato juice and catsup is particularly significant, doing away with the necessity for peeling tomatoes before they are The hot-break system retains practically all the pectin and food value of the tomatoes.

Speed and efficiency of the process forty tons of tomatoes can be handled in an hour and a minimum of air is introduced results in a better emulsified product (it doesn't "separate" in the can), more palatable and with more food value, according to experts. The Langsenkamp firm has developed a machine for making chili sauce which releases approximately twenty-five women from the tedious duties of chili sauce manufacture for easier duties. The Kook-More Koil, a patented fast cooking method, reduces 1,000 gallons of tomato juice to 250 gallons of tomato pulp for catsup and other items in thirteen minutes. Langsecjtamp's juice extractor is so designed that it rejeets cores, green portions and other undesirable parts of the tomato, using only the ripe, desirable portions for the juice. In addition to the manufacture of production' units for the food field, the Langsenkamp Company handles large warehouse stocks of brass, copper, aluminum and stainless steel.

A third phase of the firm's work is handling of wholesale refrigeration supplies Not only is a complete warehouse stock of these supplies maintained at the Indianapolis plant, but the business has grown to such an extent that warehouses have been established in South Bend, where a new building is soon to be started, and Louisville. in addition, resident representatives are stationed in Evansville and Ft. Wayne. Langsenkamp salesmen are specialists and each of the three departments of the factory's business has its own corps of salesmen. Since canning factories were rated as a war necessity, the Langsenkamp Company was 75 per cent, engaged in it's normal activities during the war.

The additional 25 per cent, of the facilities was devoted to airplane and anti-aircraft parts, some naval equipment and supplying copper sheet and tubing to local war plants. The firm has a total of seven-; ty-three employes. Total floor; space in factory and warehouse isj 45,000 square feet. 9 nn i. ICeilincc Wheat, 1.80'i; corn, Sl.lSVi i oats, 81c; rye.

S1.44'; barley, 1.22Vi. All wheat, corn, July. September ceilings. I harlrv. May oats and and.

December rya at S. A. E. Meeting Improvements in modern brake designs to keep pace with increased speed and engine power will be described the evening of February 14 by Ralph K. Super, Detroit, in an address before the Indiana Section, Society of Automotive Engi.

neers, at the Hotel Antlers. Mr. Super is brake division engineer of Timken-Detroit Axle Company. His paper also will deal with new methods of rating brakes on commercial vehicles. Robert C.

Wallace, engineering director of Mar-mon-Herrington Comrany, chairman of the Indiana Section, will preside. PEPPERMINT OIL NEW YORK (API Peppermint oil in New York: Natural. S6.1S a pound: redistilled. $6.65. Broad Breasted Gasoline atocka rose another 1,093,000 barrels in Ue week ended February 2 to a new high of barrels compared with a year ago, the American Petroleum Institute reported.

Total production for the week was estimated at 13,841,000 barrels. I Dresser Industries, Inc. Cleveland. has deferred action on a dividend on common stock, in order to better evaluate the out- come of steel and other strikes and their effect upon wages, prices and the profit position of the company. Precious metal mining in the WW, although still below prewar 10 Public Utilities Give Scholarships Special to The Indianapolis News LAFAYETTE, Feb.

7 Privately owned Indiana public utili ties, which in December gave the Purdue University agricultural ex-periment station $43,000 with vhich to buy and equip an average farm for research and on the uses of electricity, today gave $1,275 In scholarships and special awards to encourage rural electrification activities among 4-H club members of the state. The scholarships to be awarded In the farm and home electric field will be good in any college or university. First prize in the state vill be a $150 scholarship and a trip to the national 4-H Club congress; second, $125; third, $100; fourth and fifth, $75 each, and the next six places $50 scholarships each. The six counties with the best organized electric projects will get prizes ranging from $100 to $50. The ten companies that contributed to the fund are Public Service Company of Indiana; Indian-apolsi Power and Light Company; Northern Indiana Public Service; Southern Indiana Gas and Electric Indiana and Michigan Electric! Southeastern Indiana Power; Indiana General Service Division; Mooresville Public Service; Madison Power and Light, and Indiana Service Corporation.

1814 Increase for Live Stock Sought Special to The Indlanapcli News KOKOMO. Feb. 7 An 18.5 per cent, increase in price ceilings for cattle and hogs has been demanded by the Union township Republican committee. A resolution, addressed to the OPA, was adopted by the group at a recent convention, protesting that farmers would be put to un fair disadvantage with labor unless they get better prices for live stock. The convention sent a copy of the paper to Representative Forest A.

Harness. SURPLUS? HAVE TOO MACHINERY. TOOLS. STOCK. Bl'ILniNG SITES.

REAL ESTATE? We Can Sell Them Quickly PhB BR. 41S Writ li JOHN MAX, Auctioneer Mem her of National A act ion Co. E. 63d. Indianapolis 5.

lad. i Announcement has been made 1 A Feb- 7 (AP) bv Claude C. Jones, general apCnt The securities and exchange com-for the Connecticut Mutual Life ednesday announced it Insurance Company of Hartford, fas lnstiluted proceedings to of the appointment of Paul termine whether to revoke or sus- Produced by Indiana's Largest Turkey Grower COMMODITY MARKETS APPROVED H.T.t. Will produce 25,000 market tnrkeya for 1946 R. Croas as agent for the company in Indianapolis and vicinity.

Mr. Croas was retired from the Army service December 15 after twelve years in the Army, during which time he saw service in Australia, the Philippine islands, India. Burma and China. While overseas Mr. Croas served as a finance officer for Gen.

Stil-well's Chinese army. He operated under Chinese army regulations. using Chinese clerks and in-' terprcters. I When hospitalized in India he was finance officer on the staff of Maj. Gen.

Howard C. Davidson. commanding general 10th air force. Mr. Croas was graduated from Southport High School in 1934.

and attended the University of the Philippines while serving there. XA. lWaDaSh rirm to Use Plane for Sales Trips Special to The Indianapolis News WABASH. Feb. 7 The first in- rincirial -v.

4.. lu uu in airplane for service and sales trins hv its omnlnvps ic tho AT inps DJ IIS empiOe IS tne (jr. M. Diehl machine works. Thev have purchased a two-seat 6a horse power Aeronca craft whirh will be used by Floyd R.

sales manager, and Max Pretorius. former Army pursuit pilot, for! road trips and demonstration work. securities uiLOINfl I I i i 1 I I I Largest Exclusivejpirkey Hatchery vi-ffj; I jrrinuiaiiu New Modern a 6 Iy LIVE STOCK CHICAGO. Feb. 7 (AP) (USDA -Salable Boss Receipts.

8.500: active, steady; sood and choice barrows and gilts, ceiling; cows at $14.10 ceiling; complete early clearance. Salable Cattle Receipts. 60OO: salable calves, rece pts. 700; led steers and yearlings, including yearling heifers, luiiy steady: trade reneraiiv active: most steers, S14 75 St 17.25; top S18 Paid lor two loads choice yearlings; several loads. $17.40 17.66.

most heifers, S141tl6: best leifers, 516 75. sizable stippty cows active to nest buying interests except on strictly pood ollennts recently selling above C13.5C: bulk beef cows. $9 50 12.25: can-I rrr? and cutters In demand at S7.25i 8 .75: bulls rm. most sausage offerings. Sll.iCa 13; beef bulls.

S12.74il4; veaiers very scarce, fuliv steady at S15.50 down, Salable Sheep Receipts. 8.000; mod- active, early fcw ioacis sood and choice ted western wooied s'sms. 51515.25; load pr so at sls carrying small medium end; i0ds good ar2d choice fed yearlings. $12.90: native slaughter ewes, 57.75 down: load good to choice Wyoming ewes ab0ve S7.E0: one ioad ted slipped Iambs held above $14.50. NATIONAL STOCKYARDS.

Feb. 7 (AP! (CSDAi Hogs Receipts. 4.500: good and choice barrows and siits 100 pounds up. S14.80: odd lots medium and eooi SO to 100 pounds $13. 50t 14.50: sows all weights.

$14.05: stags. $13.751 14.05. Canle Receipts.2 500: calves, receipts. 1.000: general market displaying some slowness compared wan earlier in weefc; prices not essentially chanted however: supplies light: about ten load steers on 1 sale; few choice steers. S17i 17.25: good, medium around Jew Rood heifers and mixed yearlings.

$14 25m 16: medium, S12ftT4: 40 per cent. i common and medium. $8 2512; canners and cutters, beef bulls. $13.50 ,14. sausage bulls, $llfl3; choice veaiers $9 'i 17 90.

Sheep Receipts. 2 500; slaughter lambs strong to 25c higher to shippers and small killers; early bulk good and choice nanve fed western wooied lambs, $15.50 15 75: few at top, $16 for nearly two decks mostly choice natives: part dec cectc medium ana gooa iau cuppeo times, Poults CI E.SCnner,-rreff4urer Write for price Thomas D.Sheerin and Company Turkey Denaijm- i Farmers Hatchery Investment Incorporated 161 N. Jefferson St. MARTINSVILLE, IND. OA Lin CHICKS FROM SELECTED FLOCKS BLOOD WILL TELL MOCHESVILLE GREENFIELD FRAHKLIH.