Indianapolis Times, Indianapolis, Marion County, 28 August 1942 — Page 18

SINESS

Close Squeeze Expected This ‘Winter in Local Gas Supply

By ROGER BUDROW

WILL THERE BE A GAS SHORTAGE HERE? Offi‘of Citizens Gas & Coke Utility have had to answer that estion quite a number of times lately. Their answer is: obably no shortage, but a mighty close squeeze. Here is the situation. The utility’s full capacity is be‘tween.27 and 28 million cubic feet of gas a day. This sumer it has been running as high as 17 to 18 million but this

Union City Farmer. : Best Heavyweight Stockyards.

A heavyweight litter of and shown by A. A. Rowe of City, won first prize in the annual Hoosier Ton Litter hog at the Indianapolis terday. : It was bought by Armour: ; CO. Tortie Win. Hl. Block Oo 30

PUBLISHED § 3th LINK-BELT §

Vel. 1, Ne. 7 - —0 apt 92. TO: AMERICAN WORKING pi ALLS AND WOMEN Mew in m va

Soller. sulors and marin. on our fighting ees om me " RSE

Published by... and for . . . Employees of Electronic Laboratories, ine.

SER ICToy Code § 7 «v* GOT FUN??? Dt ortoneiss} . [_AIN x : \ ; :

As 3 Link-Belt Produc.

ter it is expected to go to 30 million or so.

Before anyone jumps at the conclusion that that. means a greater consumption (30 million) than there oapacity to ‘produce (27 to 28 million) let him remember that huge -new gas holder out. on Northwestern ave. That holder alone can store 12 million cubic feet of gas and with the other holders around town, the utility can have a re-

Thus when peak demand exceeds utility’s capacity to produce, it draw on these reserves. And it is a good thing now that the atility built those new 41 coke ovens year because that boosted its capacity one-third.

such war plants as the new factory, A ’ armor plate lant at Fall creek and Northwestern ave. and the Bridgeport. Brass _ plant use large quantities of gas. ~ = All this gives the background to : war production board’s order 2 week limiting installation of : oe gas equipment for space heatFrom now on, the WPB , no gas can be delivered for ting a home, store, office or factory unless the equipment was in‘Stalled before July, or unless it relaces other gas equipment of the ame or larger capacity, or unless ial permission is obtained from 2 WPB. \ 3 One thing still hasn't been cleared by the WPB. Albert Evans, PB priorities director for Indiana, gsued the order several weeks ago, efore Washington did. He put the ate at July 1. The other day Fashington came through with the

and made the date Sept. 1.|:3

HOG RECEIPTS RISE TO 13,215

Prices Fall 5 to 25 Cents At Stockyards Here; $14.70 |s Top.

The first of the fall heavy hog yruns arrived at the Indianapolis stockyards today with receipts bulging to 13,275 head, according to the agricultural marketing administration. Prices turned 5 to 25 cents lower than yesterday. The top was $14.70

| for good to choice 220 to 240-pound-

ers but most hogs sold from $14.65 down.

HOGS (13,275) Good i Choice—

330- 360 Medium: 160- 300 pounds

Packing Sows

... 14.00 ees. 14.00 ee. 13.80 Good— 400- 450 pounds cececcscocce 450- 5% pounds ...

13.60 13.30

®esccccns

Mediu 250- | 550 pounds Slaughter Pigs Medium and Good— 90- 120 pounds CATTLE (490)

Slaughter Cattle & Calves

.. 15.25 .. 15.25

remains to be seen which date|Gocd—

be the one used here.

2 2 ® “WITH BUILDING of new homes estricted by the war, building and Hoan associations in this area stand p lose about one-third of their usual business. “However, shifting of war workers has increased sales of already-built

“homes. But most of the associations’ idle cash goes into govern“ment bonds, into building bigger ‘cash reserves which will be handy

edium post-war business and. toward | zon

ing stock in the Federal Home bank.

3 This bank was started 10 years|

by the government to stimuand supervise building and loan jations. At that time the govent owned 80 per cent of the stock. Now the ownership is about 50 between the government and associations. The government's may go lower, depending on length of the war. Just the her day $500,000 of stock in FedHome Loan bank of IndianoF J A ANOTHER INDIANA CITY has been singled out to be a - “guinea pig” for a survey. = First it was South Bend where “Paul McNutt sought to prove “that people don’t know enough «about nutritional foods nor eat “enough of them. .' Now it's Ft. Wayne where the U. S. Chamber of Commerce is frying to find out what kind of goods people plan to buy when the war ends. The C. of C. hopes to get information that will guide business in converting back to ~peace-time manufacturing. 2 : ® 8 = ~ ODDS AND ENDS: Three emwere fired, arrested and ‘fined for turning in false fire alarms j the Kingsbury ordnance plant near La Porte) in a recent three period. . . ; Farmers around tlanta are leaving open cotton * Stand in the fields to pick peanuts

‘which sprouted rapidly because of| 3 gavy rains. . . . Greyhound does Rec

{ Jot. own the tires on its buses but nts them from tire manufacturrs under mileage contracts. . .’ . The Monon railroad’s net operating ome went over a million dollars July ($1,238,000) against $971,000 July, 1041,

LOANS

{® ON ANYTHING ®

® Diamonds © Watches @® Clothing ® Radios etc.

BET CASH IMMEDIATELY

ACKS BROS.

s was bought by the associa-|Gnod—

+| Gold Res. 22,746,761,379.27 INDIANAPOLIS CLEARING HOUSE | $

. 13.78 oes 13.78 . 13.75 . 13.75

pounds .. pounds .. pounds .. pounds ...

1100- 1300

pounds

1100-1300 pounds ...e..

Common

700-1100 pounds

Heifers Choice - 600 800 800-1000 Good—~ 600- 800 pounds 800-1000 pounds Medium 500- 900 C‘omman 500- 900 pounds

Cows (all weights) -

pounds pounds

vs80000000 0s

Bulls (all weights) (Yearlings Excluded)

Cutter and common CALVES (625)

Vealers (all weights) Good and choice Common and medium Cull (75 lhs. unm) Feeder & Stocker Cattle & Calves Steers Choice 500-300 pounds 800-1050 pounds ......

800-1050 pounds .. edium— 500-1000 pounds .. ommon — 500- 900 pounds Calves (Steers) Good and Choice— 500 pounds down edium— 500 pounds down ’ Calves (heifers) Good and Choice— 500 pounds down

Medium— 500 pounds down

SHEEP AND LAMBS (1575)

Ewes (shorn) Good and choice Common and choice

Spring Lambs Good and choice

Medium and good Common

OTHER LIV FSTOCK

PT. WAYNE, Aug. 28 (U. P.) Five to 35 Sent lower; pos 2320 ibs., ne is: $14. 55; 180-200 1bs., $14. 240-300 1bs., $14. 0: $14. 3s: 280-300 Ibs. $14.20; 200-350 1bs., $14. -350-400 1bs., 150-160 Ibs, $13.05: 140-150 1bs., 130-140 1bs,, $13.35; 100-130 Roughs, $13; stags, Sil. 28; lambs, $14.50; ewes, $5.25 d

U. 8S. STATEMENT

WASHINGTON, Aug. 28 (U.

260-280 1bs. -

current year through avg. 26

with a year ago: .

his $9,528; 8,574,968,999. 11 308 ,584.1 8,285,380,473 0 Cash. Bal. 3,619,083, a. 86 Work. Bal. 2,856,625,194.90 Pub, Debt 85.950.405,548.5

Expenses/,

DAILY PRICE INDEX

NEW YORK, Aug. 28 (U. P.).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities compiled for United - Press (1930-32 average equals 100):

Week Ago ee®e0cecsesissscece 157.69 Month Ago s8c00c0s00sRR0Re 157.60 Year Ago Ces seen eeOTRReRS 144.62 1942 High (May 9) «c.eeese. 158.34 1942 Low (Jan. 2) . 151.54

Electrical Products Corp, six

DIS AND OHIO STS. to 7 P. M.—Sat to 10 P n

$140,450 equal to 54 cents a share ‘vs. $168,316 or 64 cents in the 1941

= ended 'June 30, net income

cping” di\S ing, o

this has to do oh producing parts ng 2A

a logical question. ines are as esentisl

2. fact

Wor ers ho &

bring their scrap

take it to 8 fil gate who weig! fy

AUGUST 15. 1942

Vol. II

For Victory....

There were 490 cattle, 625 calves and 1575 sheep in the day’s receipts.

essenee seeeee $1300813.78 [email protected]

[email protected] [email protected]

[email protected] 14.15

14.10 14.05

13.90 13.65

[email protected]

[email protected]

$15.00915.78 16.25 16.25 . [email protected]

15.00 15.00 215.25 15.25

vee [email protected] . [email protected]

[email protected]

pounds «.eeseccecs. [email protected]

¢ 1g [email protected] . [email protected] 7.50@ 9.25 5.25@ 17.50

10.80@ 11.75

vesssass. [email protected] [email protected] 8.50@ 9.50

[email protected] [email protected] [email protected]

[email protected] . [email protected]

. [email protected] «oo [email protected] [email protected]

[email protected] [email protected]

[email protected] [email protected]

5.25@ 5.75 4.235@ 535 4

14. ald 5

$13.90; $h%

1bs., 50 Salvee, $16;

P.) .—Government. expenses and receipts for the compared

Yea ast Yea 38, 207. 13 § 2 ren 784, 074. 83 1,925; gal ,067.49 2,143,819,414.20 2,578,654,379.30 30,899.25

0, §7.385,719,115.7¢| Don 22,715,222,206.47

‘LET US ALONE, SORENSON ASKS

oe

Washington; Optimistic About Production.

By RUTH FINNEY Times Special Writer DETROIT, Aug. 28—War production at the Ford Motor Co. and in the Detroit area generally will come along all right if Washington will

“just quit legislating,” and “just let us alone.” The quotations are from Charles Sorenson, vice president and general manager of the Ford Motor Co. He was talking to 15 reporters who visited the Willow Run. plant this week in the course of a tour of war industry sponsored by the National Association of Manufacturers. The reporters were armed with questions raised by recent magazine articles charging bad morale at Ford plants in this area. “Our accomplishment nere is one I don’t think we should be ashamed of,” Mr. Sorenson said. “I'm sure nobody is going to be disappointed in our production when we get going. “In spite of all you hear said about us, I can’t help being optimistic. Detroit is in good shape. I don't think you need worry about how were coming out. There’s no confusion in this town in any sense.” Mr. Sorenson said he made his appeal to be let alone to members of the Truman committee of the senate when they visited the Willow Run plant. “They went through the plant,” he said. “They saw our washrooms, our hospitals, our parking lots, and other facilities we have built for the comfort and convenience of our workmen. Then they asked us how about our labor problem. “I told them that if they'd just let us alone we'd be all right; that we'd get things done if heya just quit legislating.”

Defends Opposition

Mr. Sorenson was asked whether labor leadérs were urging workers to slow down. “No comment,” was his reply. He was asked about Ford opposition to the government's plan for

Willow Run plant. $They don’t seem to realize,” he said, “that the air is going to be full of airplanes around here. It’s dangerous to have people living so close to a plant of this kind. “We planned the finest possible system of highways leading to. this plant so people living within 25 miles could get here easily. There are. a ‘hundred small towns in a 25-mile radius. Let them grow,

intrigue in these things.” ing in tents and trailers?” one re-

Ford Official Is Irked by|

a great housing project near the|; . Beth Steel ..... 21

“In the meantime people are liv- 3

porter asked. “Oh, yes,” Mr. Sorenson answered.

Cent of Every Pay

Emergency Defense School | ~ Sessions St Start August 17]

Ve fae ETE, Qarvice: Auxiliarv | 10 Per Cent

By

pamphlets

project.

line lives.

stories on

workers.

ment. “It gets

helps

come one

New

In these columns, the workers are invited to send in their ideas

for new

The story of the heroes on the home front of Indianapolis’ mass war production is being preserved for history along with the men on the fighting fronts. Thousands of words with blazing headlines and action pictures are being printed here every week, telling ‘of the achievements, difficulties and hard work of the men behind. the machines. These are in magazines,

being published by most of the larger war production factories. The factory newspaper has become a fixed institution in most war plants as a morale-building

It is creating the family” atmosphere for workers who read the plant news hot off the presses to learn how the man at the other end of his assembly

Plenty of Shop Talk The magazines are full of pep

“These shippers are axis-rip-pers,” reads one plant newspaper caption over a group picture of

“Save the scrap and. beat the Jap,” reads another. Each plant newspaper talks shop of every department, thus giving every employee the latest developments of another depart-

acquainted with each other’ and them understand other’s problems,” one editor said. The “idea” columns have be-

features in the newspapers.

Every week the “Productioneer,”

Put at Least 10 Per Into War Bonds

LEND THREE AND GET BACK

FOUR; AN INVESTMENT IN

AMERICA “Al AND ITS in War Bonds - Helpe—(1) Our Boys Fight Steel

on Shs utc ras 2 tie ws

+4 Mosmmston ie [YL PORPRORi

War plant newspapers “cover” men behind the machines.

Publications in

Tell Story

NOBLE REED

and small newspapers

. “happy-.

production.

the employees better -

each

of the more popular

Ideas Welcomed

production gadgets.

War Plants

of Home Front

published at the Link-Belt Co., carries a list of workers submitting winning ideas. “The Hoosier,” a magazine published by the Indianapolis plant of the International Harvester Jo., uses large pictures of machine shops where workers are trying out new processes. “Scrap is reduced 95 per cent and production is increased 25 to 30 per cent,” reads a caption in the “Hoosier” over a story telling of a new production idea.

Complete Newspapers Other larger plant magazines and newspapers include “The Blade,” official publication of the Curtiss-Wright Corp., propeller division; “The Alliso-News” at the Allison airplane motor division of General Motors; “Beat the Promise,” put out at the RCA Manufacturing Co.; and “The Electronic Beacon,” of the Electronic Laboratories, Inc. “The Blade” is a complete. newspaper of personnel activities, promoting production increases and support of war bond campaigns. ‘The Allison publication also is a complete newspaper, even to recording the personal lives of all workers.

"Promote Bond Sales

The RCA’s publication is full magazine size with plant.pictures and stories. Another plant publication will be out next month at the Mar-mon-Herrington Co., factory. It will be known as the MarmonHerrington News. All of the plant publications are devoting a large per cent of their space to promotion of war bond sales among employees and as a result many of the plants have reported 100 per cent subscription from’ employees. :

N. Y. STOCKS

Allegh Corp .. Allied Chem .

Allis-Chal Am Rad &

Borden .

Bor:'-Warner. . Chrysler Comwith

Gen 8.

Don’t stick another right under our Good noses. There's always plenty of|Int Harv

“But- they always have. That has Nat

nothing to do with construction of

this plant. We didn’t cause it.” While he talked a heavy rain

YeSterday «....eceseeessesss, 157.52 was turning the countryside into a |Z

near-swamp. No Materials Shortages “Washington goes into tantrums,”

Ra Real Silk pf said Mr. Sorenson, “but Lincoln had P

all sorts of troubles too.” Asked if women being hired at the new plant were joining the unions, Mr, Sorenson said he didn’t know. “I'm a great believer in letting things go along by themselves,” he said. o>

Unlike other producers, he did}

not complain of shortages of ma“We have no difficulty in

Am Rell Mill.. Am T & T ...11

3dgpt Brass

Cons Edison ..

Gen Electric .. Gen Motors oe

Net Low Last Change

+1 HEE i : -

+11; sags

I+: +++] Ht or esrrers

P4442 |: - . .

Sy UNITED PRESS ; DOW-JONES STOCK AVERAGES | Id

30 INDUSTRIALS

oes 107.07 « 105.72

+0.24 +0.48 0.34 High, 1942, 114.22; low, 92.92. High, 1941, 133.50; low, 106.34.

Yesterday

iy, | Week ago ....

Month ago Year ago High, 1942, 29.01; low, 28.31. High, 1941, 80.88; low, 24.25.

Yesterday

High, 1942, 14.04; low, 10.58. High, 1941, 20.65; low, 13.51

Complete N ew York ‘stock quotations are carried daily in the final edi-

{ACCOUNTANTS

| Bobbs-Merrill 4%% pf

0.48] ron

tion of The Times. :

“ans

toh:

.

UTILITY WON'T APPEAL

+ LE

Electric Power & Light Corp. will -|not appeal the recent securities and exchange commission dissolution order but will continue its efforts to it cleared the left field wall. poration to comply with the provi{sions of the Public Utility Holding Company Act, President Joe H. Gill announced today.

sess

a

PH

FLARE

Frac Tenn Oo

NEW YORK, Aug. 28 (U. P)—|

UNE 29. '94:

2 Berkshire cross-bred hogs.

per hundredweight, top price i= auction which followed the sh In the lightweight division, Maue rice Redelman of Greensburg ‘Won first place with his litter of DureeLeRoy Turner of Richmond, who won all the top prizes all year, had

| the three “best fitter at this years

show. Other prize- winners were: Lightweight hers, with pigs ave

Se Livingston, Covington, third; LeRoy Turner, Richmond, fourth; Maurice Redelman, Greensburg, fifth; Turn er, sixth; Raymond Morris, Port land, seventh: Leo Busenbarrick, Zionsville, eighth; R. L. Heilman, Hope, ninth, and Webb Crane, Loogootee, tenth. 1 Heavyweight litters, with pigs ave

Holsapple, Orleans, R. 3, second} Jesse Bentz, Ridgeville, third; J. Di Prewett, Muncie, fourth; R. L. Heil man, Hope, fifth; Paul Green, Zionsville, sixth and seventh; C. W, Hodson, Rushville, eighth; Turner, ninth, and Laurence Bentz, Ridge. ville, tenth. Best three litters: Ralph Heilman of Hope, second, and C. W. Hodson,

* | Rushville, third.

NAME SPEAKERS

First Meeting Scheduled For Sept. 23 With H. T. McAnly.

The Indianapolis chapter of the National Association of Cost Accountants will open this year’s program Sept. 23 with a discussion of cost accounting as applied to war production. H. T. McAnly of the Chicago firm of Ernst & Ernst will be the speaker. On Oct. 21 Harry E. Howell of the Grinnell Co., Providence, R. I, will speak on wartime accounting problems. Henry P. Nelson, priorities official from Washington, will speak |.q-* on priorities and allocations at' the Nov. 18 meeting. The “Information Please” forum on federal income taxes will be held Dec. 16 with Troy G. Thurston, Charlton N. Carter, James L. Rose and Charles Murray participating. On Jan. 20 C. B. Caldwell, per

ployment relations as an aid in reducing costs. Dr. M: O. Ross, acting president of Butler university, will speak Feb. 17 on economic problems and their wartime costs.

sor of accounting at Ohio state university will speak April 21 on the effect of the war emergency on standards on budgets. A forum will be held May 19. Speakers Ior the Nov. 4, March 17 and May 5 meetings will be announced later.

LOCAL ISSUES

Nominal quotations furnished by 1 unit of f National Association of Securities

Stocks Be

Circle Theater com Comwlth loan 3% pt Hook Dru

‘bt sesssses 92

Van Camp Milk Van Camp M

ls

Algers Wins'w W RR 4%% .. American Laan 5 3

b Serv Pub Tel 4%s 55 Richmond Water Wks 5s 57..105 ip. 5 5s 67 80 *Ex-divi

WAGON WHEAT Up to the close ofthe Chisago slovaiors” Fad ol $1.19 per blast 3 Sor TR No. 1 yellow ed thats Be ); 35d No. 3 white shelled Be No. 3 white oats, 43c, and No. 3 red oats. 43c.

Ohio Seamless. Tube Co. six months ended May 31 net income

Bu 4422,

sonnel director of Sears, Roebuck, | will speak on personnel and em-|}

relations tol}

Russell Willcox, associate profes- |}

315204, equal to MM o commonien

Army-Navy 'F

for

American Bearing

Like the men on the battle lines who are rewarded for meritorious

action, the workers of the

Amer-

ican Bearing Corp. will be awarded the army-navy “E” on Sept. 8.

Rear Admiral William C.

Watts

will officially award the flag while Comm. G. HL. Bowman will pre-. sent lapel emblems to the em-

ployees. Governor Schricker and Sullivan will head the list tinguished guests. Peter

Mayor of disLam-

bertus is president of the corpora-

tion.

LOCAL PRODUCE

Heavy breed hens Leghorn hens, 16¢. Broilers, 2 Ibs. and over; ‘white and harred rock, 20c; ¢!

warred and white rock, 32c. Ail No. poulery. 3 cents | Eggs ceceipts 54 be.

Graded s—Grade

0. 1, 46@46%c; butteriat, No. 1, 42¢; No

cocks, lle. Springers 3 bs. and over; colored, 216;

full-feathered, 19c: | the previous $1.71%.

and ap.

arge, 38¢; um, 36¢; Sa aS, 26¢: No. 2

2 4@ 39¢

GRAIN FUTURES RISE; SOYBEANS LOWER

CHICAGO, Aug. 28 (U. PP). Grain futures firmed to show slight gains in early dealings on the board of trade today. Soybeans marked time pending government an= nouncement of control of the crop. At the end of the first hour, wheat gained % to % cent & bushel; corn and oats unchanged to 1%: Ive % to %, and soybeans unchanged to off %. In September contracts, wheat gained % to % cent a bushel from the previous $1.17%@%: corn gained % to % on the previous 83@83%; oats un from yesterday's 49; rye up %, and other October soybeans unchanged from

ae Fidelity

BOXES | TRUST Hoommny 123 EAST MARKET

INSURARCE CORP

(Prices on produce delivered at Indian-

polis quoted by Hagley Co)

wily. in Sma | monthly or

MEMBER FEDERAL DEPOSIT

oo

A

on

T [|

EASY TERMS!

|* AUGUST FUR SALE *

FREE Storage

LIVINGSTON'S

129 W. Washington St

'WE Bay Say Tames

STANLEY “Jewelry ce. |

013° W. Wash., Lincoln Hotes ids.

emesis ete

"FRACTURE BEDS

‘New

HAAG'S ALL-NIGHT

DRUG STORE

i

eraging more than 225 pounds: van