Indianapolis Times, Indianapolis, Marion County, 4 June 1942 — Page 17
THURSDAY, JUNE 4, 1942
BUSINESS
Search Is on to Find Pickers: For Indiana’s Big Tomato Crop
By ROGER BUDROW
THEY GOT THE STRAWBERRIES IN, with the help of cool weather and New Albany school children.
Now they
are tackling the problem of finding enough farm hands to
harvest our big and financially important tomato crop which will start ripening about the middle of next month. Informed persons pooh-pooh talk of crops going to ruin for want of harvest help. Last year the owner of a big orchard downstate was complaining loudly about a “labor shortage” but a Purdue official, investigating the situation, found the reason he couldn't get pickers was because his pay was far below that in other orchards.
Out in Idaho, the governor is | making a big fuss and getting a lot | MOST PORKERS
of publicity for that state’s sugar | beets by letting state employees off | work to help with | Top Returns to $14.20 as 7612 Hogs Arrive at Stockyards.
the harvest. Cal-| ifornia is finding | it hard to replace | Hogs weighing more than 160 this Pounds sold 5 cents higher at the
low - paid Japanese workers who gether in | : ; th . Roger Budrow state to as Bl a ain
have now been moved inland by farms supplied with labor. hy io yeported are the U. S. employment service, eorted.
the government. Three government agencies are working to- : Lighter weight SOW: rer the agriculture department's war 8 NS nl OW boards g i I : rg = Sots nia ed ie | good to choice 220 to 240-pounders. SIOVIEe gy ha 4 th wpa | Receipts included 747 cattle, 692 pl PL SErVEC on € , 7612 hogs and 228 sheep. what the prevailing wage rates are | in each locality. If the employment service can't find enough workers in that county, they will go to nearby counties. | After exhausting that possibility| 15 they get WPA workers. WPA work-| 2 ers must take the work offered| 27 them even if the pay is below WPA | 330- 380 pay, or else be cut off permanently | Mediv im a rom 1 rere | 220 pounds . from WPA rolls. About 100 were | Packing Sows cut off from WPA last year. One | Good and Cholre— n 270- 300 pound employment official said that many | 350” 33 Pounds on WPA now are older men unable | hr 360 to do the heavy harvest work.
calves
HOGS (7612)
to Choice—
Good
3993I993DD amv bt L225 ater et tetatat
tbrirtidrt-$-2
pounds
pounds
ood — Geo 400 400- 450 450- 500
BECAUSE OF the need for labor, | J§f™ae™ [0 nqc there will likely be fewer protests| Slaughter Pigs this year about workers coming up (Medium and Good— from Kentucky, Tennessee, Arkansas Yg Yo poles and Mexico CATTLE (147) Some of these migrants have their Slaughter Cattle & Calves own farms and come up to pick up some more ready cash. Others work the whole season, in fruit orchards, wheat fields, sugar beets and to- Gana pees matoes. | 750- 900 If the situation gets really tough |1200- 1300 in some sections, city office workers |1300-1500 and school children will be asked NEo1100 pounds to help. “But we'll get the crops 1100-1300 pounds in, don’t worry,” that is what you heard on every side.
pounds pounds
" pounds
»” 2
Cholce— 750- 900 900- 1100 p 1100-1300 pounds
pounds pounds pounds pounds
wo 33853 S S83 RID
[email protected] [email protected]
[email protected] Heifers & Mixed .. [email protected] [email protected]
Common— 750-1100 pounds Steers. Chotce— Soe 750 pounds
500- 750 pounds
z ”
THE REASON for this scouring for farm workers is obvious when you look at a map showing how many big war plants have been built in this state. Some women whe had been working for a wellknown canning factory operator left his plant to work in a war plant net far away and said they wouldn't go back if they could help it. The draft has taken some help from farmers also.
=
[email protected] cresenasase 12,[email protected] [email protected] [email protected]
Chot 330. “900 ‘pounds
= S00 pounds Med i 500- - 900 pounds Com 500- 500 ) pounds Sows
sess
all were
Masur Cutter and common . Canner Gahk Bulls (an weights) (Yearlings excluded) Beef —- Good Sausage — Good Mediu Cutter and ‘common
CALVES (692)
Vealers (all weights) Good and choice Common and medium Cull
10.75@ 11.75 |
= =
ODDS AND ENDS: Cancellation of orders for structural steel (because of WPB’s ban on more war plants) may let steel-makers turn out parts for pre-fabricated ships. urgently needed. . . . Voters o. k.d only $4.235300 of municipal bonds in May, smallest May since '33. .. . Retail sales in April (for all U. S.)) were 3 per cent under April last vear, first year-to-year decline in three years. . Gasoline reserves dropped 669.000 barrels in the Indiana-Illinois-Kentucky area last week. Engineers are making soil tests at Gary on the site of that $100,000,000 synthetic rubber factory, largest in this country. Sged ol 11.50@ 14.50 Operation is to start early next Medium— year. . . . One bomber plant, making tC Pounds down 3508110
@13.50 10.00 Feeder & Stocker Cattle & Calves
Chotce--500-800 pounds 800-1050 pounds
Good--500- §00 pounds 800- Jash pounds Mediu 300-1000 pounds Common— 500- 900 pounds Calves
| Good and Choice— 500 pounds down Medium500 pounds down Calves
12.50 12.25
.. [email protected] . [email protected]
[email protected] (Steers)
(heifers) . 10.00
n
planes that can reach eastern plants SHEEP AND LAMBS (228) Good and choice Workers at Indianapolis Dro po p | Dealers. Stocks Bid Ask Circle Theater com 4 50 90 {Ind & Mich T% ofa ‘el ers’
of Germany, is 70 per cent ahead Ewes (shorn) of schedule. SO hd IOIeS is Shorn Lambs WORKERS TO VOTE ein snd eond AT DROP FORGING CO. LOCAL ISSUES Nominal quotations furnished by local unit of National Association of Securities Forging Co. will vote Monday for BR : rush RR Stk Yd sanaiie . 51 collective bargaining agent. Belt RR Sh Yas s ‘ord sssevess OF bs-Merrill © . the ballot will be the Steel|Bobbs-Merrill 412% pd’ Workers Organizing committee, Lo- | Somwitn Loan 5% pid. Hook Drug Co co cal 2156, affiliated with the C. I.|Home T& ¥ Wane 7% pfd.. O., and the Indianapolis Die Sink-|ind Asso Tel 5% pid Ind Hydro Elec 77% . lodge 230, affiliated with the | Ing Evdre en “ofd International Die Sinkers’ confer-|Indpls P&L 52% pfd . ence. Indpls P&I. com
Indpls Water 5% pfd Indpls Water Ars A com Lincoln Loan Co 5%% pfd.... 83 Lincoln Nat Life Ins com Ind Pub Serv 5%% bpfd.... N Ind Pub Serv 6 N Ind Pub Se
WAGON WHEAT © the close of the Chicago Market todar, Indianapons flour mills and grain elevators paid 04 per bushel for No. 2 red wheat Ne rades on their merits). | shelled corn was 8lc No. 2 white shelled corn, Ic: No. 3 white oats, 50c and No. 2 red oats,
Uo
pfd . {Pub Serv of Ind Inc com o Ind G&
Milk com ... Bonas
3 | ign wins'w W RR 4s % | American Loan 5s S51 | American Loan 5s 45 {Cent Newspaper 4lzs 42-51 ... |Ch of Com Bi Co 4%s 51... Citizens nd Ru 4%s 61 .... { Consol Fin 5: { Crabb- Reynolds. Taylor 4s wa 33 T&T Ft
| Van Camp
Indpls P&L 3%s 70 . Indpls Railway Co 5s 67 ndpls Water Co 3s 68 a | Kokomo Water Works Ss re
SURGLARY « THEFT « FIRE
| 4s 55 Richmond Water Works 5s bi & Trac Term Corp 5s 67 |U 8 Machine Corp 5s 51 | *Ex-Dividend.
© A “Grain Dealers Mutal Cacy on Household Furniture aad P onal Effects, plas cov
841, 102
Kellogg Co. and subsidiaries 1941
‘net profit $3,740,756 equal to $1.71 a| Food Mac
common share vs, $4,200,423 or $1.92 a share in 1940.
A SAFE DEPOSIT BOX oa INSURA} $3 to "$100. a Year
Ne ereranes Gor Trust Go.
unchanged. The top was $14.20 for |,
Crew's bunks
{ Control room ‘and fli ht deck
Passenger seat (convertible to berths)
THE INDIANAPOLIS TIMES Martin's ldea About Future Air Liners
PAGE 17
‘Observation room
Passenger seats: (convertible to
berths)
Times Special NEW YORK, June 4—If and when the army or navy request it, Glenn L. Martin can put into construction the world’s largest airplane, a 250,000-pound giant flying boat that will dwarf the navy’s new 140,000-pound flying boat “Mars,” currently the biggest thing on wings.
Martin disclosed that he is set to produce the new plane at the recent presentation the American design awards, sponsored by Lord & Taylor. Martin received the award in the field of aviation for his design of the “Mars.” Described as the ocean liner of the future, the projected transport will carry 102 passengers with 80
I ss windows in floo
pounds of baggage each, 25,000 pounds of mail and a crew of 12. Powered by six motors, it will make the New York-Londen hop in 13 hours. And since commercial passengers would travel in roomy comfort, its capacity as a troop transport would be very considerably greater. This capacity can also be com-
NEW YORK STOCKS
By UNITED PRESS
Net High Low Last Change —-— . 40'2 6 1238 3112 23s 934
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DOW-JONES STOCK AVERAGES
30 INDUSTRIALS 40.85] —0.10 + 1.06 +0.45
Yesterday Month Age
High, 1942, 514.22; Low, 92.92. High, 1941, 133.59; Low, 106.34.
20 RAILROADS Yesterday Week Ago .... Month Ago .. Year Ago High, 1942, 29.01; Low, 23.31. High, 1941, 30.88; Low, 24.25, 15 UTILITIES Yesterday Week Ago ..... Month AO ......co000000vee Year Ago High, 1942, 14.94; Low, $10.58. High, 1941, 20.65; Low, 13.51.
Net Change 1a 38
%
Last 18%,
1/, 28>
Low > 4 4 "yy
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Net Low Last Change | 33 701% 35
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RAILWAYS-COACH LEASE APPROVED
The public service commission today approved a 10-year lease under which the Indianapolis Railways will take over the operating routes and equipment of the Peoples Motor Coach Co., a subsidiary. The lease will give Indianapolis
17%
Indianapolis Railways is the parent corporation, holding all stock in the coach company. Purpose of the arrangement, according to the petition, is to coordinate transportation facilities and operate the equipment of both companies over the authorized routes of each according to need.
U. S. STATEMENT
WASHINGTON, June 4 (U. P.).—Government expenses and receipts for the current fiscal through June 2, compared with a year:
Ee $38 232.985 076.95 $11, 32.3 3s2 225. 21 Receipts 32.375.786.501.37 ,529,059,209.10 449.102 102.35
Artist's “phantom” sketch, above, shows interior of proposed 250,000-pound ple arranged for peacetime commercial use.
puted in terms of 1000-pound bombs, and the result is one to strike terror to Axis hearts. For a fleet of these giant aircraft could spread such ruin in Germany’s industrial centers. and Japan’s crowded, tinder-box cities as to make the devastation of London, Rotterdam and Manila seem like bonfires by comparison.
STEEL CARGO PLANES ON WAY
Budd Co. & to Build 900 Giants; Carry 9000 Lbs. 600 Miles.
PHILADELPHIA, June 4 (U. P).
+|—The Edward G. Budd Co. soon . will begin work on the construc- : tion of 900 stainless steel cargo
planes, a company spokesman disclosed today. He said parts will be made at the firm’s Philadelphia plant, which is now re-tooling, and the planes will be assembed in a $12,000,000 plant now under construction. The firm, a specialist in the construction of stainless steel railroad cars, expects to hire 15,000 workers in the new assembly plant which is being financed, in part, through a loan by the Defense Plant Corp. of the RFC. It was stated production will start early next year and will be stepped up to a maximum output of 100 planes a month. The planes will be twin-motored transports with a freight capacity of 9000 pounds, a wing span of 100 feet, and a cruising range, fully loaded, of 600 miles. They will be able to travel 5000 miles without refueling if fuel tanks are substituted for cargo. The ships will be designed so they can carry trucks as well as troops.
BOWMAN ELECTED AT ACME-EVANS CO.
William H. Bowman has been named a vice president and general sales manager of the Acme-Evans Co., President Isaac E. Woodard announced today. Mr. Bowman, who also was elected
a director of the company, joined the Acme-Evans firm last July when it purchased the brands, trademarks, goodwill and other property of the Lawrenceburg Roller Mills Co.,, of which Mr. Bowman was vice president and director of sales. The Lawrenceburg firm now functoins as part of Acme-Evans. Before his association with the Lawrenceburg company, Mr, Bowman was associated for years as sales manager for two well-known mills in the southwest. His entire business career has been spent in the milling industry, and he has a wide acquaintance among the flour trade.
BUSINESS AT A GLANCE
By UNITED PRESS Gaylord Container Corp. and subsidiary March quarter net profit $273,133 equal to 38 cents a common share vs. $211,838 or 26 cents year ago. General American Transportation Corp. March quarter net profit $627,698 equal to 60 cents a common
4 (share vs. $1,165,853 or $1.13 year ago.
Lakey Foundry & Machine Co. six months ended April 30 net profit $118,390 equal to 27 cents a common share vs. $167,993 or 38 cents year ago. Philco Corp. IMarch quarter net income $286,035 equal to 21 cents a share vs. $269,772 or 20 cents year ago. White Rock Mineral Springs Co. March quarter net profit $3,683 equal to 35 cents a 7 pc first preferred share vs. $30,702 or 4 cents a common share year ago.
Reo Motors, Inc, and subsidiary March quarter net profit $282,082 equal to 60 cents vs. net loss $19,273 year ago.
VINCENNES NAMED DEFENSE RENT AREA
Times Special WASHINGTON, June 4.—Vincennes, Ind. is among 24 communities in 17 states designated as defense rental areas, Price Administrator Leon Henderson announced {oday. Under the law, communities so designated have 60 days in which to adjust the rents to the prescribed rates voluntarily. Rents are to be frozen at levels prevailing on March 1 of this year.
REMC PROJECT READY : ANGOLA, Ind. June 4 (U. P.)— Dedication of the newly constructed $24,000 building of the Steuben county rural electrification member-
"oo ship corporation—the first in the
state to be built solely for REMC
s|use — will be held Saturday, with
‘PEACE SHARES’ PAGE MARKET
Chrysler, General Motors Make New Highs
For Year.
NEW YORK, June 4 (U. P). — Automobile shares led the stock market higher today with increased
volume, Chrysler made a new high for the year at 627% up 17% points and General Motors made a new top at 38 up 3%. Goodyear made a high in the tires. American Can rose a point to a new high at 68%. Dow Chemical rose 3 points to 107 and Du Pont gained a point to 112 in the chemicals. Sears Roebuck rose 21% points to 55% Steel issues had fractional gains and other war stocks, while higher, lagged behind the so-called peace groups. Railroad issues were steady to slightly higher with volume light. Aircrafts were mixed with Douglas easier. Copper shares were steady to slightly lower. Moderate profit-taking near the end of the third hour brought some of the leading issues down from the highs, but no particular pressure developed. Market operators were becoming somewhat more cautious on the be-
\lief the market hight be tested ‘around present levels. noted that the technical position had been weakened by moderate short covering late in the previous session.
They also!a7c.
Jones Statement Aids Grain Prices
CHICAGO, June 4 (U.P. .—Assurances by Secretary of Commerce Jones that duty-free imports of foreign-produced war mater ials would not affect domestic prices stimulated a strong tone in grain prices in early dealings on the board of trade today. Wheat rose % to 2 cent a bushel at the ena of the first hour; corn was up % to %;: oats up %; rye unchanged to up , but soybeans were off 1s to 3s. Firmness in grain prices was ate tributed partly to the stronger tech nical position of the market, with sentiment affected to some extent by the fact that wheat prices are well below the loan value. The recovery move staged in the cotton market also encouraged grain trades. Commission house brokers and professional traders appeared on the constructive side of the market, al=though after the first half hour some profit-taking was in evidence. Further liquidation lowered the July delivery in the soybean market to levels fractionally under yesterday’s close. October contracts also showed some weakness. Profit taking was most noticeable in the oats and rye markets, which receded from earlier grains to a steady position. Grain futures cone tinued firm on all other markets.
LOCAL PRODUCE
Heavy breed hens, full-feathered. 19¢g Leghorn hens. 15¢. Broilers, 2 to 3% Ibs. colored, 25c; white and barred rock, 26c; cocks, tic. All No. 2 poultry 3 cents les Eggs—Current receipts, 54 Tbs.
Graded Eggs—Grade A, large. Sade A Inet, 28c; grade small, 6c: no grade. Butter—No. fe “t0@40tac; No. 38%.@ 39¢; uttertat. , No. 37¢; No. (Prices on brodice delivered at Indiane apolis. quoted bv Wadlev Co.).
and up, 0%
2,
OF SUPERIORITY
1 light in weight 2 cool 3 crisp 4 porous 5 fade-proof 6 wrinkle-resistant 7 crease-holding 8 dry-cleans perfectly 9 distinctive 10 moderately priced
KUPPEN
exclusive with us.
COUNT 10 — KEEP COOL!
© 1042 Kuppenheimer
Have All 10 Features
iN THESE TIMES, it is doubly important to keep cool, keep up your morale! Today, it is doubly important to get these 10 features—because you want each dollar to bring the utmost in value. Kuppen-
heimer summer suits, with these 10 features, are
37.90 and 40.00
MEN'S CLOTHING, SECOND FLOOR
L. S. AYRES & C0.
HEIMER Sunwate Suits
