Indianapolis Times, Indianapolis, Marion County, 25 October 1941 — Page 9

Defense Shortages Have Caused at Least 3000 to Lose Jobs. in Indiana Thus Far By ROGER BUDROW.

AT LEAST 3000 WORKERS HAVE LOST THEIR JOBS in Indiand industries so far because of the defense program. But as far as can be learned, no Indiana concern has been forced out of business completely yet ‘because of

defense shortages.

The 3000 figure is probably conservative. The Indiana Employment Security Division asked 28 concerns, known to be hard-hit by defense material shortages, and they

alone said they had let 24388

But it is entirely possible that some very small firms in this State “have been forced out of business and the word hasn't .got around. However, neither the Employment Security Division nor the Indiana State Chamber of Commerce nor the Indianapolis Chamber of Commerce knows of any instances. There are a number, however, that either must have some defense work . very soon or materials to make their regular products—or they are going to have to close up. An Indianapolis shoehorn manufacturer is keeping two men on the payroll to whitewash the plant and do odd jobs—hoping the log am will break. He hasn’t stamped out a shoehorn in two months—no steel. He has chased all over the Midwest hunting defense orders, without success. He is still hoping but he can’t meet payrolls forever with just hope. There is some encouragement in the appointment of Floyd Odlum, the spectacular Wall Street organizer, as head of the OPM Contract Distribution Service. He has appointed Frank Hoke as head of the Indianapolis office which is Just getting under way. If some of the small mantufacturers can’t get any orders through this new office, then, they believe, it means the end for them. But they are still hanging on for a "while, still hoping. # 8 8 INDIANA'S FARMERS may not realize it but they grew munitions this summer. Great quantities of alcohol are needed to make smokeless powder at Charlestown. Production of this alcohol hasn’t kept pace with the growth of the string of Government powder plants. So the Government asked the big whiskey distilleries to make alcohol for powder manufacture. Schenley’s big Lawrenceburg, Ind., distillery will convert 65,000 bushels of corn a month inte

grain alcohol, starting about Nov.

Roger Budrow

1. It will make 850,000 gallons of |

alcohol for the Charlestown plant by Jan. 31, 1942. Seagram’s distillery at Lawrenceburg will mash between 10,000 and 20,000 bushels of grain a week for the Charlestown plant.

BRITISH ASSETS in this country have shrunk from $4,483,000,000 at the beginning of the war to $1,527,000,000 on Sept. 1, according to the Treasury Department.

IF JAPAN should move south, cutting off U. S. sources for tin, rubber, burlap and pepper, there are these consolations: U. S. has a year’s supply of tin now, can still get some from Bolivia. We have here and on the way 613,000 tone of rubber, enough for more than a year at the present curtailed consumption rate 50,000 tons a month. There is a 3-month supply of burlap here and on the way. U. 8, has enough pepper for two years.

ODDS AND ENDS—Paint takers who thought new U. S.- wl ge tariff-cutting agreement ou d give them a break on linseed oil got a rebuff when erie” Tie ducers raised prices 5 cents a bushel right after tariff slash was made. . . . Italy is getting oil from grapeseeds as substitute for olive and linseed oils. . .., China is experimenting with growing flue-cured tobacco. . . . Old rags (needed to make asphalt roofing, linoleum, certain paper) have gone up $15 a ton|? since July 1 and Office of Price Administration is threatening action if dealers don’t stop it. . , , Bureau of Agricultural RP omomics predicts wholesale commodity pres will rise 10 per cent next year, tha farm income will. boom two billion dollars more. . . . du Pont’s new|9 nylon plant in Martinsville, Va., will 5 start producing on a small scale Nov. 1, eventually will double pal production of the synthetic fiber.

LOCAL ISSUES

fu y local $ el JASE SBR SASF SR) Stocks Bid

d com... 1% hg ofa... 20

in, 8 ptd “... 57

3 i

d seenece

pid.ccoees 4, 1 cane 38 Loan ve . 27 Ind Fup ‘Serv 815% pid... 39% Ns Ind Bub aa sry “7% Pot. .y id DOR, ind. 5 e., com A B d i 1 Rt . oid 8 3 0° ail Did as... if i

RX 4%s ...1 [} GR

de 81

H % | Ibe

__ FINAL

NEW onk's: Rafe

ror oom. lh

employees go.

PORKER PRICES FALL 5 CENTS

Practical Top Top Is $10.55 Here as 2500 Hogs Are Received.

yesterday at the Indianapolis Stockyards today, the Agriculture Market- |’ ing Service reported.

above 160 pounds. Lighter weights and pigs were unchanged. Today’s|¢ practical top was $10.55, but a few sold at $10.60. Receipts included 125 cattle, 25 calves, 2500 hogs and 25 sheep.

HOGS

men 5

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an Wat An Naolen

: A Most hogs sold a nickel lower than | 830,

“The decline was made on weights bt

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p= 4 2 ESSE

gag secre oe uge st

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209% \nehor Hock al 15%

ch-Dan-M r I

tlas Tack Aviation Corp...

ald oes ct.. 3alt Ohio *3 3alt & Ohio pf 6% ] & Ar .. 6%

od and Choice—

Go : 120- Jo pounds ssesnsnninee 10.10 140- 10

Packing 'Sows Good and Choice—

Good— 360- 400 pounds 400 450 pounds . 450- 500 0 pounds . oe

Medium. 250- 500 pounds ....

Slaughter Pigs

Medium and Good— 90- 120 pounds

| CATTLE Slaughter Cattle & Vealers (Receipts, 125) 8

ses00ssentone esesssensoe, esoensenaee

$12.00@12. 5 . «1 1ea1200

Re : 0a@its POUNAS evveersnses. [email protected] { oes [email protected] . [email protected] « [email protected]

[email protected] [email protected] | C

8.00@ 9.00

dium 780-1100 pounds Lip Lie pounds

Oso 100 1 pounds

see0tesece ae

C Ci

[email protected] | C : ¢ [email protected] | Gon $:[email protected] [email protected]

7.00@ 8.50 C

esespertene

Cons 8

setesccdenee

08 a Medium and medium CANNEL ““ecvoensoierorans enaves Bulls (Yearlings excluded) Beef— Good Sausa| o— Goo

$00 000000000 000000 000

8.75@ 9.40

8.75 7.75@ 8.75

MEAIUM + vvosensees Cutter and commoin........ Vealers [email protected] $3083 .00 6.50@ 8.50 Feeder and Stocker Cattle (Receipts, 25) Steers

Good and choice Sotmmon and medium

Coo 300 pounds [email protected] 800-1050 pounds erevsenenves [email protected]

500- "800 pounds ..ieevceccess 9.78 105 800-1050 pounds’ G0 ets essdonee 9.75 0.60 Medium— 500-1000 pounds ssces0csetece 8.715@ 9.75 Common 500- 900 pounds Ss se0 sven 1.25@ 8.78 Calves (steers) og an ee Medium— 500 pounds down . Calves (heifers)

CO DORR GIT «esse ins 10,00011.50 Modi. pounds dOWR ecc.cc.eses [email protected] SHEEP AND LAMBS (Receipts, 25)

Lambs

«+ [email protected]

. [email protected] 11.76 .00@10. 25 (shorn)

Ewes Good and choice ....... eevsee 4.25@ 5.20

3u 3

UPR Eh sass Za

Col Plstures '. ve

[email protected] | Com In Com

8.000 8.7 on 75 Cont ¥ gid Cont Ins 476 G

9.25 | EF 7.00@ 7.75 | GuboA

. [email protected] El

End J End Johns bt. aid a si a ot n

BE e Erie ga

E¥8ssnice *

w OND

& bt RETES tH FL

Fa 3

N a

sh Term .... utler Bros pf.

Calumet & H..

Carpenter St t1 Carriers & Gen Case J I.

Celanese 24 Cent Ill Lt pf.114 nt RR NJ... 2%

ty 1& Glimax Mol Moly C oo 3h

Sore ate is gt

4 1 Sot 3 tact A a

olum Gas ... ol Gas pf A.. 59 7 TL a3ig . 29% 9%

om redit .

eivaats.. omwith & So.

Ya Comwlth Edison An»

ong-. ns

Aierati. 33% Arcratt: 22 ns Cigar .. 13

Cons Cons Cons

Se 3% t. 53% nk.. 38 4 15% 23 - 12% oe <3 7 y is’ Pub’ ... WE. 2: os EVAL 2800 ‘268 ol —

16% 16% 113 112 . 35

EE iy

di dt R

ed Wat BA.

Ys restone T , 16 intkote 1

Common and medium ........ 3.00@ 4.35

CHICAGO LIVESTOCK |

CHICAGO, Oct. 25 (U. P.).—Hogs—Re seipss, 300; strictly a nominal market good and choice hogs pecan use of meagex nu undertone stead For the Jere 20 to 35 cents Heuer

mo Finished at A .85, kings Seheraly, 3 0.40. ear Ss as 1 i teiante bl well as choice

cents higher er lightweights nd strictly choice an i, Be weig! Ty v 3 d,

cents; 1b cents; Toads Ld MW i

13. 30; mmeroud and wel oo Iu loads st

and a “si. 75 1.86 and Fein 00-1400 1bs., $11. ir

choice 11.85; weight oy choice weight i ie hor of pees 2

OQ000

Fost-Whi hl pt’ Foster Francisco Hy .

i careiid@ orence Stove: 23%, Mach . 30% +125 a

G&E ‘8 Gen Motors ... 39 Gen Motors. pf.125 Refract .. 1

.q 12 12

lined Gen T&R ..... Gillette S R .. 4 Gimbel Bros ... Glidden

jobel, Adolf .. j00drich

Bas theice 921-1b. he ior as, : a cents

rs, steer calves, ai For ents

igher, Sheep

d ‘yearlings , Shrong. “a stric tly choice Jat st

nettve lambs 1 choice natives, Wt eis, oth * throwWed most. $9. Jon; hoist 104 11. 90. with x

ed, Tos. at Pon ing, eck. do BGILIE Ao ce

fat ewes, $5.50, vulk 5 Batives, $4.78 u

OTHER LI ESTOCK PT. Sra 186in 3

: to 5: ¥ 160-180 the." 3 ibs, $10.16: Sod feo

. nse Ha 00; 280- 350 HERS oi oe itl 136 Ine, 48 Pi

matket, Boos lowe: H

1bs.,

6.330 Jos, HH 100 55, 41.00;

10.01 i830 90 105: "ld i sii, 1578, ons

Local PRODUCE

the week— C

Hudson on olor. i By Hupp, i

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By UNITED PRESS

80 INDUSTRIALS Today sa sasssaceseeessneries 190.98 Yesterday snctenancssvsscess 12L18 120.10

- High (1941), 20.65; Low, 16.82, ~ High (1940), 26.45; 4 law, 18.08.

Gen GAE A..198 1% 136 1% Westinghouse 155 178 Com & So. ..110 %

[Dow-soxEs STOCK AVERAGES)

+0.451; oui

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—0.04 : A

15 MOST ACTIVE STOCKS

Net

Sales Gn 106uy High Low Glove Chante

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u & Nash.... 68 Macy Tr..cocoees 27 Magm a% Bt. on f 8 ar fo 21

Nat Bond ¢& Nat Can OC

rwich Pharm 10%

Quis oF oes

5B Sere 3 1 pf 85

55 Ill Glass 46% 45%

Pitts Stl Pitts Stl pf.. Pitts Stl Br Pitts Stl

Plymou ona ope Poca 1 Postal Tel pe. 12 Press Stl Sh. 8 ub Pub §

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Chicago "Stocks

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U. S. STATEMENT

WASHINGTON, Oct. 25 (U. P.).--Gov-érnment eXpenats and receip ts for the current fisca. year through oct. 23, compared with ‘a year Expenses $6 6.003.370 015 013.19 $2,968. 679 150.08 2 cceipts «3 4,525,638,428.08 +B 361,478.69 ,279,571,755. ,749,706,705.95 - 615,194.13 Oe 30a 13

Anatol CLEARING HOUSE Today

-$ 4,521,000 SAAT ic 1

FOREIGN EXCHANGE oe

YORK, Oct. 235 . P.) —Following are A am cable rates o

D.. +: 54.03 03%

i158 % iii18 Sri ceseenans 38 36.1

106. 108.18 1 .108.11 108.11 108.11 ...1032 . 103.3 1033

"FOOD ) PRICES

Oct. 28 (U. P.).— pg bu, $1 1 65. Tomutots, [email protected]. crates $1.

1.50. Sa.

2%s 1959-56 1946-44

3 80-1b. sacks): slorads Eweet Spanish, sayc@sl.

Dividends

Canadian Industrial Alcohol Ltd. interim 15 cents on “A” and “B” common payable Dec. 1 record Nov. 20 vs. 10 cents June 2.

i ji

. a 8

ma. currenable Rates Net Sos- Dee...

1 (w

s—N - ISiow, $1, i jd 3 ye ine

Hp Cash Pro

38 24s

Fermor S. Cannon, 54-year-old president of the Railroadmen’s Federal Savings and Loan Association of Indianapolis, has -been nominated for president of the . United States Savings and Loan League. The election will be held "when the association convenes at Miami, Fla., Dec. 1-5.

STOCKS SETTLE |: BACK IN A RUT

Many Traders Absent for Week-End and War Cuts Volume.

NEW YORK, ‘Oct. 25 (U. P.)— Stocks settled back to a dull turnover today with prices moving irregularly in a narrow range. Enough leading issues showed losses to bring the averages down a trifle, although there was no particular pressure. Many traders were absent for the week-end, which partly accounted for inactivity. Another restrictive force was uncertainty of events abroad. Steel shares were dull and lower and coppers gave up small fractions. Motors were narrowly mixed with a. fair amount of business in General Motors. Oils . encountered profit-taking after their recent bulge. Rails balanced off small gains and losses. Mercantiles and chemicals were steady to firm, while utilities eased. Johns-Manville lost 2 points in the building division.

GRAIN, SOYBEANS LOWER AT CHICAGO

CHICAGO, Oct. 25 (U. P)~— Grain and soybeans futures trav-

{2|elled a downward path on the Chiv, | €a80 Board of Trade today with

wheat off 2% cents a bushel and

soybeans down 5% cents before the Seiipe was halted and a mild ral-

occurred. At the close wheat was 1% to 1%

ber at $1.16%@1.15%. Corn was off 5% to % cents, December 75% cents; oats unchanged to off % cents, December 47% @47%cents; rye off: 1% to 13% cents, December 63%b; and soybeans were down 4% Io > cents, December $154%@ Sentiment was disturbed by the Japanese situation, record quantity of wheat in interior mills and elevators and on farms, and also by a move on the part of the Treasury to discourage speculation in commodity markets,

Wheat— RANGE

Dec. $178" $100 oLI0% $:5050 $ May.. 1.30% 1.20% 1.19% 1.30 July.. 121% 1.21% 1.20% 13

1.21 Corn—

76 81%

Prev.

18% ‘16%

I 1% 27%

I 122 1.22%

76% Ye

“84%

5% 81%

83%

ey: » July..

78 82%

75 1

41% 50% 49% 49 48%

4 Tn 1.57%

1.62 1.62%

42 a

1.5¢% 1.89 1.60

wo we Ss FE i

May.. 1.61% July.. 1.62% Lard—

Dec... 9.52 Jan... 9.76 Mar .11.10 May .11.32

etapa 8332 » Frog 358i

9.57 9.76 11.10 11.82

9.30 9.50 10.90 11.15

ees =O D® eo bps QO

CASH Th 2 hard, $1.11%: No. 4 hard i sone 1 yellow, 72% @173c; Ya 3c; No. 3 A ; No. 4 : ooo. apr

N > He No. 4 vel eliow, § 5 02a! Ry AR No. 3 white. 73 ellow, No. 3| i. 50% @ Oa white, 46Y,@46%e¢: white, 0% @46%a0 10. pn fe, 4% Ne. 1 red, special heavy, 48Vic: No. 1 red, special, io Barley—Malting, 68@84c nominal; feed basi oe ae Bae: Re. i i No, 3m i malting, 12@84c: No.

ae. od, $9.32 nominal; $9.4 Snominal; leat, $10 nominal; $11.25 nominal

LOCAL GRAIN

red Sisie Fi i Lave, No. i EN dos

Hg]

67%c¢;

lobse, bellies,

No. 2 ET tei ; Tecelpte, 1 Sa; No. 2

ol eit

cents a bushel lower with Decem-|.

Lid

ON THE.

Rep. Raymond S~Springer (R.

Pbears on WFBM on the CBS , “Public Affairs.” He will

“Screen Guild Theatre”: broadcast at 6:30 p.m. tomorrow on

Greer Garson

. Adolphe Menjou and, Verree Teasdale, man and wife in private life, run into ¢rouble attempting to solve “The Case of the Evil Angel” on the “Silver Theater”

Ind.) will diséuss “Our National De-| fense” at 9:15 o'clock tonight when 4

TAN

RAD 10 TODAY :15-Rapmond |S. Springer "TOMORROW

_4:00==Family Hour, 'WFBM. . 5:45—Eleanor Roosevelt, WISH. ‘9:45—Helen Hayes. !

fw on WEBM ot.8 p.m tamu] X |row. . . . Helen Hayés presents ? |radio version of “Kitty Foyle” w |she brings her own radio theafer

to’ ‘WFBM at 9:30 o'clock tomo:

"|night, . . . Two prominent drama!

stars, Betty Winkler and Bailey, will be heard in Nothing of It” on the “Knick bocker Playhouse” . tonight. show is scheduled on WIRE at

Minneapolis will be presented as the second group of operatic hope=

fuls on WIRE at 4 p. m. tomorrow,

THIS EVENING

a Times is not ns) Ao Aelia sstation: change after oress rons uaaceuracies n° oresram oe :

ies) “utuaty”

ma) Wem

d owa Purdue-Iowa Purdue-Iowa Pied Piper Jr. Pied Piper Jr.

A uraue

Meadow

brook

TOOK

Pan-America

Syncopa Ly Gilbert Forbes

usic ; Stardom Prelude

Waltz Dream Bert Wilson

Inside Sports

reen Hornet reen Hornet Hawall Calls Hawaii Calls

Guv Lom Guy Lomb Hobby Lol Hobby op

1 Parade t Parade - Hit Parade es Serenade

Three Rhythms Sportsman’s Hour Jerry Sears Theater of Alr

Soothing Serenade Bo

Stardom Prelude

ion Bell Music

rdue-Iowa rdue-Iowa inks Hi-Jinks

Melody Inn ollywood News Jean Cavall Edward

Purdue-Iowa Purdus-Jowa

Recita, Desi Halbon Religion in News 1430 Club 1430 Club News—Maj. Domo

American Beiente

Varieties . Varieties

ews Luke Walton : : ih Program

Bison % & Garkorte : Soin and Vin Freoy Black

Vas eve Behind the News

| Playhouse Playhouse

r of Air er of Air er of Air r of Air

Bill Mundy Harl Smith Qajifornia Musie California Mus!

Tommy Dorsey uie Lo

Louie Lowe Grit Williams Griff Williams

ea lea Nea ea

Serenade Pubic fairs iB . 8. Army 00 Gilbert Forbes

18:3 i130 World Today 10:45 Vaughn Monroe

iL 00 Will Osborne 1:15 Will Dsborne i 30 Tommy Tucker 11:45 Tommy Tucker

OOOO | WHW® | I-33-3 | ABAD | AeA | hid bib Ji $858 | 5558 | 85585453 iia

Hemisphere Review BE Review Se al 5-Star Pin

i Chico

Fy River Boat | River Boat

Music Huse, an Bri

= [ Islands igode

iy Brigode Abe Lyman be Lyman

From Prisco Brass Eiohim Brass Etchings

Abe

SUNDAY PROGRAMS

WFBM 1260 (CBS)

+30 Timely Tunes 7:38 Timely Tunes

:00 World Today :15 Organ Loft :30 Organ Loft :45 Gypsy Caravan

WIBO 1070 . (Mutual) gomel Baur Hour Hallelulah 4 4 va

WIRE 1430 (NBO Red)

Gyos y E Enselble

Fora

Lrving! Lrvingt

WISH 130 1310 Sunde) Serenade

fon Chiron

Southlan Lester Huff Hit Revue Hit Revue 4| Lester Huff Lester Huff ' Contrasts

Favorite Music Rnvthm Fashions Rhy ons

- 8 B. udapest trina 4 2 Budapest String 4

:00 Country a 1:15 Country Journal :30 Opera ems :45 Round Table

:00 Gilbert Forbes 12:15 Unbroken Tunes :30 War Relief :45 War Relief

00 Spirit of '41 18 Spirit of ay :30 World T :45 ae To! ay

. Symph Symphon ymphony hon)

C. 0 Bi

a =

Lutheran Hour

Hi-Lites Radio Warblers Tangled Tunes Salon Strings

Rhyme-Reason Lawrence ‘Welk Disney Songs Football Review

Sun, Jerenade rience

Church of Air Church of Air

Defense Program Defense Program Music Salon Music Salon

Lf beta

00 N 116 N 130 N. v8 :45 N. Y. Symp!

oS 4 al nn EEIE TO

Beam

2 : ae

5808 | 5858

Bulldog Drummon Bulldog Drummon

Timely, Tempos

Nobod Sona en 8 Ig Nobody's Children

Industry Speaks ; Sk ry y Sheaks val] Hour val Hour

val Hour val Hour

Dear Mom Public Affairs Screen Guild Screen Guild

S11 | conta | snencheh | Muni | Sac0cacs

Rev Revi Revi Revi fommy Dorsey

Moon Hangs Moon )iangs Low

Bernie Oymming

:45 Ford Hour

:00 Jake It. Leave ):18 Take It. Leave 0 Helen Hayes 38 Helen Hayes

:00 Hermit’'s Cave :15 Hermit's Cave :30 Masterwor: 145 Masterwor, Masterwor|

Masterwor! 30 Bob Chester 0 Bob Chester

:00 Linda Cotta :15 Linda Cotta 130 8 non

Answering you

Blue Barron Blue Barron

asse Art Kassel Sign Off Silent Silent Silent

o 3

dnd [ad pk ket | pdr pk ed ve .

Southland Echos

.Noondav Rhvthms

Double or Nothing Double ‘or Nothing

MONDAY PROGRAMS

Jake Feld Jake Feld Indiana U. ‘| Indiana U,

Mem, Bn Sop

News he Re a “pert wn a Down Sout an ed Second Guessers Second Guessers ces Sundav_ News Wo Sires, World Is Yours Melo Time Yn r Round Ta Round Table un, Concert

hola eae

Review Canaries

& Ei cto Eoviow™

cor ed Tu! Sunday Spec

Slee op

Sry Pini stant BE

aber

Met. Auditions Met. Living Diary Living Diary

ghee Bel a pe Flags | 5

Flagg & gi d News y 1! '

Bandwagon Bandwagon

arlie M

arile M M arthy

+1 Man's

Manhattan nhattan American Album a rican Album

Walter Win J Three aachell Irene Rich ae, oh Hour © of TIO Sherlock Holm es Sherlock Holmus News Highli Busines ighiinnn Playhouse Playhouse Music You Want

ik 5 wh |¥ WE

Binas ven

Chern aor Glory ile Agen

Abe Lyman Gi A 25th St. Bantists

WFBM 1260 (CBS)

8 Barly Birds “7:00 World Today TRE gird” ties 3:8 2% TT Farre

8:45 Stories

iE. and Maree

stepmother Rhythm

VIROL

Bill J Home Prolio

ast Jam reakiast Jam am

as eakfast Jam

News Roundup Ametican Revue Devotional

Pick a

BEL an

0 pt pt {th pt ft HE 0000 | ve waste | se susess BEES

Tren! Gal Sunday

TE aa

Heaven-Home, Trolley Tim

Burapes n News

Shopping School

Shopping

Bashalor’ Children

Helpmate Road of Life

Mary Marlin Young

wid Harum

EEE

jans, EE 3

Ee rere

shobabai | LLILOLA riot tripigs 23090000

Industry Speaks

Community Hall padeaaeels

pets $358 2

JE, in i.

2 2 Hip

:00 Date or oe Date with Don ing Along ews

Masterwor

Ben

Circle e Time 162 2 Dream 0oldOl Time

ap Tunes’

5353858

Tone Poems Meet the Train

Roauest Jim Fame

. . . . “

rm Fla From | {rr Farrell

ead ead

varieties

Harold Turner ia lis Ahead | jncianapotls ea:

BREE, |

Nally Neh Nehrling

i EE

20 Jones irl Marries

s Man

peat = "batter 3 Pence Hime

ii Fi

e Abbotts Vagabonds

WLW SATURDAY PROGRAM

e Co. Jamboree , Kaltenborn