Indianapolis Times, Indianapolis, Marion County, 19 December 1941 — Page 38
PAGE 88 _ ns : - = L a THE INDIANAPOLIS TIMES ki . FRIDAY DEC, 19, 1041 TY | FINAL STOCK QUOTATIONS YESTERDAY | Shires Works [REVAMPING OF BUSINESS en I | 0PM EXPECTED
DOW-JONES STOCK AVERAGES New Setup Would Give a
go ALLL ERBRRLREReRLY 108.21 wis ARS (iiiiiiiiseiienss 11058 a8 Greater Voice to Industry.
Month Age SRRARARRRRRRRA 168 +0.87 Year Ago . WASHINGTON, Dec. 19 (U. P).—
SRLRRRRANAAS 198.87 408 High ( asin), 188.58; Lew, 109.01. Heh (1540), 152.80: Lew, 111.84 20 RAILROADS Yesterday Freres sesnssenscs DEY The Office of Production Management has ordered an internal reorganization to give industrial spokesmen greater voice in the new war Proustion program, it was learned
Week Are SRALALRR RARER Ue Month ARS (iiooviiiesstiig mae Year Age cosdteeents SRM igh an), PT Lew, 24.08, High (1910), 32.6%: Lew, WAL 15 UTILITIES CEeciese verettesy 1860 cesssveneves BRAY SRLARARNARRAANS 158 19.36 OPM officials said the resvgunizv.Rib Hah. hp hy Fy tion was an “initial one” with more : . scheduled to follow in an effort to set the OPM on tha virile, wartime basis neede to carry out the $150,000,000,000 victory program. The Supply Priorities and Allocations Board was understood to have asked the OPM to begin the reorganization. \ The initial plan, it was discloseliet : . places the many branches—w! President ‘Harmon P. Elliott of 1,0. {1c OPM divisions and Tepthe Elliott Addressing Machine | osent automobile, refrigerator, elecCo. said “Merry Christmas” to |trical, farm squipment, Blumbing £ hi 0 with a bonus |and other manufacturers — under 160 94 8 ep! y a companys direct responsibility to OPM Coper cent o pany Directors William 8. Knudsen and common stock—worth about $430,- |gjdney Hillman, Secretary of War 000. “I can’t take this stock with |Henry L. Stimson and Secretary of me when I die,” reasoned employ- |Nevy Frank Knox. er Elfiott, ! Led to Delays
Heretofore, the branches have Net been responsible to various other High Low Close Change OPM officials and to their respective Un Gas Imp... e¥% 4% .... (divisions such as production, mate=Gas Imp pf 5 {2| rials, labor purchasing, contvact dis- : . tribution and priorities. The old plan led Yo many costly delays in working out proper curtailment programs for peacetime industries with the result that when the actual orders finally were complay Cara! ~... "| pleted there “was no time left to plywood... 21% 2 .... |work out an adequate conversion Realty .... Jb A a program,” officials said. Hx Director Discussed
Under the new plan, the branches will draw up curtailment and con=version programs simultaneously on recommendation of the various divisions. The programs then would be approved or disapproved by the OPM directly. 114 Other reorganization plans said + Jato be under unofficial consideration within the OPM are: | Appointment of an executive di2|rector who would have under his Ja=Caro Ch ... ...._ command a production and con-Ja-Caro 6 pf.. 20% Ve version branch and a procurement and production planning unit, 8... 8% 6% | »| Streamlining of present OPM di-~ Pe 18 1 visions to eliminate overlapping} functions which again have cropped up between the priorities, civilian supply and the materials divisions . [over curtailment programs.
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Railroads and War Department Working Out Protective Plans
By ROGER BUDROW
LAST SUMMER THERE WAS SOME SNICKERING when one of the prominent New England railroads announced it was going to build special cars equipped with fire fighting equipment to be sent to cities attacked by bombers. That|} was when “it couldn't happen here.” IH Hin ‘Now the War Department is planning a vast protection ime | system for railroads, particularly rail terminals and yards. | ! This blackout plan will be patterned after the British 3 methods. It is expected that railway signal) | Am Gr
= aed 657 lights along rights-of-way will be Am ars i : Xohed s0 they can’t be seen from HOG PRICES SE | “ie e air but can on the fun. in i How it ® ¥ %
will
possible to a 1 flage big vards| She 0.88 and terminals has i 55 tr pt Ru
not been worked Hide & LL out yet. An Hide & os gl ThE.
THE oriuish have Practical Top Is $11.45 asf E B ot’!
carefully screened
all terminal lsht-| 9000 Porkers Arrive EE
ing from being
seen by airplanes and have all lights At Stockyards. An
Ee yA op Hogs weighing between 160 and HE switch which can | 290 pounds sold 10 to 15 cents high- | Am ® Budrew De pulled to throw | er than yesterday at the Indianap: | dot : ot ersthing 3 to olis stockyards today, the Agricul arkness in event of an air rai re M : Service repor During the first air raids, the Sh Cee oh POPE British slowed trains down to 15 Other weights were unchanged. miles an hour. But this was later] Today's top was $1145 for good | rajsed t 25 miles an hour dur-|to choice 190 to 200-pounders, but ing daylight raids and 15 miles|, few exceptional hogs sold at
during night raids. Later, as they became more experienced, it was $1150. Receipts included Y00 cattle,
raised again to 30 miles at night 600 calves, 9000 hogs and 1000 sheep. and 50 in daytime. Lights are doused in passenger coaches and reduced lighting, with blackout curtains is used in dining coaches. Some British railroadmen are believed to be in this counfry now helping Western railroads devise protective systems.
FORD IS TESTING a “revelw- J tionary” new airplane engine of | original Ford design. It is expected te develop 1500 te 1800 and pounds A horsepower to the altitude of $2. B 3 EN REE 500 feet and Ford engineers say it Good, Toon a8 Ln aust Rien pr A will set a new low in ratio of 3-10 pounds VAARLRRRRLAL 2 he gust Dole weight to horsepower. 330. son DOWNES iy. iieiiee 4h Bald S 250. 500 pounds . wy [email protected] |B THE HOUSE OF MITSUI huge Shauehter Pes Ba business and industrial organization Medium te in Japan, has been drastically re-| 120 pounds Seeley organized for the first time in its) 800-year history, according to a Swmughter Cattle on Vealers (Receipts, 811) Domei broadeast from Tokyo. nateth Executive control has been shifted | Fi 0 ands . E from the chairman to the newly- 1100 0 NM IH i Ben created office of president. The same | | 3op.18 4 ERE B businessmen who handled its af- Good fairs in the past will continue to do| (88-, s0. the broadcast said, with the 1100) R Mitsui family itself remaining in | 1500-1580 SII RIE RB the background. Medi hon vs | Bod * ® » LS NR pos CARRRRAL LANL sai E > ODDS AND ENDS: Old food and oe 1100 b pounds ry ene LE beverage contaners at Army camps Steers, v - rir rE a ane Sol Sn TRO ES pOUnEE vievccliicce IRIE@INES | BREA QO NC N ! make 80 small tanks a month . . . ee we pounds ALARA VA RLRRAS nen ry British sugar prices have been cut oes Weitere two cents a pound . . . War in Medi-| 750. 908 pounds .iccinsiiinis [email protected] hg shit Bn 8. rh Meh S00 PoundE ..iieiieieied 9.05@1NES s may force production of syne L thetic sponges . . . Manufacturers Sm POUNES (Lisiatiinies TS0@ 088 Buds complain it is hard to get Hiner nis So0- pounds ... _-. v.500 8.50 ugd ¥ (cotton muslin, silk) to make U, unary flags but say that demand isnt - Rv heavy as in World War I . . . Greater A Leas ta F gerap collection campaigns (waste sea paper, rags, metals, old rubber) are B on the way. Beef sasare.00l B
BRAMAN RR RRL
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* HERE ARE YOUR AFTER CHRISTMAS / / PRICES .... BEFORE CHRISTMAS.
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DAILY PRICE. INDEX
NEW YORK, Dec. 19 (VP). Dun & Bradstreet's daily ted price index of 30 basic com ities, compiled for United Press (1930-32 average equals 100): | Yesterday SRR RN RRR RAN 149964 | Week Ago SRARAARRNRARARA AAS 150 54 Month Ago satan Bannanannane “an Year Ago . ciesssssaces J2885Y 1841 High (Dee. 2 Sasha 150.54
LOCAL PRODUCE [194 Low (Feb. IT) ........... 12308
«Thursday, Dee. 18 3
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