Indianapolis Times, Indianapolis, Marion County, 23 June 1943 — Page 15

Sixteen Indianapolis War Plants Honored With Army-Navy ‘E’ Flag |.

By ROGER BUDROW-

Ir YOU'VE NEVER ATTENDED ONE, you ought toi wangle an invitation to an army navy “E” ceremony. Fifteen Indianapolis war plants thus far have received this recognition for their production and another gets its coveted ||

pennant Friday.

Usually there is a gala decorated speakers’ stand (out-

side the factory in this weather) with flags of the united

nations, flowers and bunting. Seated up there are the com-|: pany officials, several representatives of _employees and a

‘number of army and navy officers.

~The main speech is delivered by an officer of the service which has the largest amount of contracts with the company. If the company makes mostly shells, then an ordnance officer is speaker, and ' so on. At the conclusion of his speech the “E” pennant is presented to the head of the company and either soldiers or sailors run it up on the flagpole. That is : when you really Mr. Budrow hear from the employees and their families and friends. Naturally, they get a big kick out of the honor and it puts a kick in production, too If an army man made the main speech, then a navy man speaks briefly in awarding the “E” lapel pins to. representative employees. (The others get theirs afterwards.) Lately, the army and navy have adopted the custom of having some wounded soldier pin on the lapel pins. Pvt. Fred Paine, who was wounded at Buna and is now at Billings hospital at Pt. Harrison, did the honors yesterday at Quality Tool & Die’s “E” ceremony. Ma-chine-gunned on the right side, he had to use his left hand. Just as in weddings, there is usually some “hitch” in the ceremonies. At Link-Belt's ceremony last week, the “E” pennant was raised on the speakers’ platform at the same time another fluttered its way to the top of the plant flagpoie itself some distance in the background from where the ceremonies were held in Washington high school’s athletic field. It was dramatic but would have been more so had not the pennant on the speakers’ platform been upside down. Yesterday a speaker said that less

than three per cent of the war|Medium—

plants in the nation have “E's” s0 far. If that figure is correct, then ely Indianapolis has more than s share. Concerns here which have won the

honor include P. R. Mallory, Stickle|g

Steam Specialties, ' Whittington Pump & Engineering, American Bearings, Allison, Eli Lilly, Electronic Laboratories, Schwitzer-Cummins, tewart-Warner, Packard Manu-

wcturing (Homer Capehart), Stoke- Sod

ly Bros, Holcomb & Hoke, LinkBelt Ewart plant, Bridgeport Brass, Quality Tool & Die. National Malleable & Steel Castings get its “E” Friday afternoon.

Reportedly there was some squawk |’

‘about the ceremonies taking up too much of the workers’ time so the ‘program has been cut to half an hour. Yesterday, Quality Tool & Die employees marched out of the plant as the Stout Field band played, got their “E” in about 28 minutes, and went right back to work. 8 8 ROANE WARING, national commander of the American Legion, has made some bitter criticism of wartime strikers and some of the Legion’s members have in turn criticized him for what they regarded as his anti-labor views. ‘But here is what he has to say about the government's war fraud

charge against Anaconda Wire & Cable Co.'s Marion, Ind., plant and five of its officials: The company did not contest the charges that faulty wire was delivered to our armed forces and our allies and it and the five officials - were fined. “The Legion has a resolution that condemns alike employer or emYloyee for any action that hampers the war effort in any way. The Legion therefore condemns these people. I personally condemn them and know that they will meet the condemnation of all good citizens. I trust they were fully and severely

HOG PRIGES SAG

Lbs. Bring $13.85 Top; "12,775 Received.

Prices on hogs dropped 15 cents

day, the food distribution administration reported. “The top for 200-225-pound porkers sagged to $13.85.

Receipts included 12,775 hogs, 600 cattle, 525 calves and 425 sheep.

HOGS (12,775) 140 pounds 160 pounds 180 pounds 200 pounds 220 pounds 220- 240 pounds 240- 270 pounds 270- 300 pounds 300- 330 pounds 330- 360 pounds Medium— 160- 220 pounds

Packing Sows

Good to choice— 270- 300 pounds 300- 330 pounds 330- 360 pounds 360- 440 pounds Good— 400- 450 pounds 450- 500 pounds Medium 250- 550 pounds Slaughter Pigs Medium and Good— 90- 120 pounds

CATTLE (600)

180200-

. [email protected]

[email protected] [email protected] . 13.15

[email protected] [email protected]

sessnece sescssssenes

[email protected]

Choice— 700- 900 po 800-1100 pounds 1100-1300 De 1300- 1500 pounds

700- "900 pounds 900-1100 pounds 1100-1300 pounds 1300-1500 pounds

. [email protected] [email protected] «+. [email protected] . [email protected]

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

... [email protected] [email protected]

. [email protected]

edium 700-1100 pounds 1100-1300 } pounds 0! 700-1100 pounds

Choice— 600- 800 poun 800-1000 pounds ... o0d— 600- 800 pounds ... M2000 Pounds “os ed '500- 900 pounds . . [email protected] Common—

800- 900 pounds . [email protected] Cows (all weights)

. [email protected] [email protected]

ee. [email protected] . [email protected]

[email protected] [email protected] [email protected] 15@ 9.25 Bulls (all weights) (Yearlings Excluded) Beef— Good Sausag

Good an weights) .. Medium

. [email protected] [email protected]

sevesssevene segs eevee

CALVES (525) Vealers (all weights) Good to choice Common and medium Cull (75 lbs. up) ° Feeder and Stocker Cattle and Calves Steers Choice— ‘ 500- 800 pounds . 800-1050 pounds Good— 500- 800 pounds 800-1050 0 pounds . Medium: 500-1000 ) pounds esscesssssnce

00 900 1 pounds ..... ove Calves (steers)

Good and Choice— 00 pounds down .eeesoce.

[email protected] [email protected]

. 15.00916.50 edium— 00 pounds down [email protected] Calves (heifers) Good and Cho108 0 50 ounds down ..es.e0e. ooo 14.50@185. Mediimes ®

500 pounds down ........... . [email protected] SHEEP AND LAMBS (425) Ewes (shorn) Good: and choice Common and choice Spri Good and choice Medium and good Common . Lambs (Shorm) Good and choice Medium and good Common

LOCAL ISSUES

Nominal quotations furnished , Indi. anapolis securities Somers, Bid ed Agents Corp com Agents Fin Corp pfd .... *Belt R Stk Yds co my *Belt R Stk Yds 6% p

punished for their culpable con-|sq

duct.” A s 8 8 ODDS AND ENDS: Indianapolis|, department store sales in the week

om T&T Pt Wayne 7% bg lia Tom el a hp alk

ending June 12 were 5% higher |ilo

than a year ago,. still leading the

Midwest, . . . Purdue says the wet +n spring hasn't hampered the corn |ind

borer. , . . ‘OPA Chief Brown may not, name his general manager. for ‘several weeks. . . . Joseph Weiner, utility ly for SEC and lately with the has a job as lawyer for: Cities Service Co. . .., London's cost-of-living index dropped a point this month. «+ . . Five of the six in Indianapolis . which carry’ out merchandise destined for overseas use shipped 11,733,989 pounds of export goods last month, a sharp increase over the 8,163,753 pounds in April,

wacey WHEAT

ose of the Chicago mar! Setdiars otis 1 our mills and

Jud 4 31. 4“ bushel for } per ‘on their

So Ind G & E 48

1 0 In Nat Life Ins com Pub Serv 5%% pid. Pub Serv 6%

Progress Laundry com. Pub Serv of Ind 5% pfd.. 98 Pub Serv of Ind om, sees raj *Stokely Bros pr pic ER bp 1 United x Co Co 8% «.. Van Camp Milk wa sssesecses Van Camp Milk som

Algers Wins'w W ry ans 2 American Loan 5s 51

sec cees

. seed

63..... 98°

15 CENTS HERE §

Porkers Weighing 200-225 i

at the Indianapolis stockyards to-

For its “excellent production, precision gages, the Quality Tool

sl BRIEF —

The republic of Mexico on Julyl will resume service on its external indebtedness, according to an announcement by the international

committee of: bankers on Mexico. #” ” ”

Arthur Collins, British economist, predicts that capital will be rationed in the United States and Britain to prevent private enterprise’ from competing with government in financing the war. 2 8 = The shipment of fresh or green vegetables in refrigerator cars with bunker icing or body icing has been prohibited by a car service order issued by the interstate commerce commission. » 8 » The treasury today offered holders of $303,000,000 in series A tax savings notes an opportunity to redeem them for ¢ plus interest at the rate of 1.92 per cent a year from the date of p aE. s nn oF J Douglas Aircraft officials claim an all-time record for production of warplanes with 13,096,000 pounds turned out in May. The total of combat and cargo aircraft was 150 per cent over May, 1942. s = =

Labor shortages have forced Brown Co. to suspend operations of its Cascade Mill, Berlin, N. H, one of the largest sulphite pulp oo| manufacturing plants in the East,

134 effective July 4.

# ® # A proposed merger with General Foods Corp. has been approved by stockholders of the Snider Packing Corp. at the annual meeting. Burt C. Olney, president of Snider, will become general manager of the Snider Packing division of General Foods.

Consolidated net income of International Telephone & Telegraph Corp. rose to $1,247,957 in the March quarter from $165,712 in the corresponding 1942 period, the corporation has reported.

N. Y. Stotks

et het Change

Be% + 85% 15% 11

A Atl Refining .. Balt & Ohio .

Borg<Warner.. Bdgpt Brass ... Ches & Ohio .. Chrysler ....... 80 Comwlth & 80. Cons Edison .: Cons Vultree 4 Hu

3 SEREET LIES Ee FEeEsssEREEaEe Seen

th er ERR EE Be Re + 2 CRs Ex

SESE RSLS a 3

85 aes oi Woolworth .... 30% Yellow

a I deh pass

ggaaddd

if 8 8

FL +L HHH + LHR LH Faw

both in quantity and quality” of & Die Co. 401 N. Noble st., was

awarded the army-navy “E” pennant yesterday.

CARLOAD INCREASE OF 4% ESTIMATED

Railroads in the area comprising most of Indiana, part of West Virginia, all of Kentucky and one-half of Ohio expect an increase of nearly 4 per cent in the number of:carloads of commodities they will carry in the next three months. The Ohio Valley board which represents this area has estimated a 12.4 per cent increase in the amount of grains to be carried and only a 417 increase in the amount of livestock. It is estimated that there will be a decrease of 6.3 per cent in hay, 19.9 in lumber, 34.9 in cement and 54 per cent in the number of agricultural implements to be carried.

PERMITS EXPLAINED BY ODT EXAMINERS

George F. Burnett, Indianapolis area manager for the office of defense transportation, has announced that beginning tomorrow field examiners of the ODT will be available at ‘principal cities throughout the area to answer questions and help solve ‘difficulties ‘of operators of commercial vehicles in connection with certificates of war necessity. Mr. Burnett said that anyone wishing’ to contact the field examiners while they are in the operator’s ' district, should seek -an appointment through the local chamber of commerce or the county farm transportation committee. ‘ If any operators wish consideration on appeals, Mr. Burnett said, they should bring with them their operating records for at least 30 days.

Incorporations— TER

Appeman Aircraft and Automotive Fngines, Inc., 5219 Hohman st., Hammond; agent, Owen W. Crumpacker, same address; 400 shares without par- value; W. Ralph Appeman, Warren Bohling, Henry J. Schmuese Irvin and Ruth ‘Swartzberg, Chic Ill.; registration of trade mark ‘¢ stang, ** class 44: non-alcohilic beverages. Mineral Solvents Co., Illinois corporad Indiana to distribute

, Windfall; amend-

ory, . agara Canivas ® Products, Inc. adits. ; ame en spall to 1000 Meier Electric and Indianapolis; dissolution. © Vesta Cou og

Speaking for employees in accepting the “E” lapel pins was Joseph Shaffer. The pins were bestowed by Pvi. Fred L. Paine, a hero of the fight at Buna, who is now recuperating at Billings hospital.

Chief speaker at the ceremonies was Lt. Col. F. W. Smith. Participating in the program were Ray W. Rice and Mrs. Rice, co-owners of Quality Tool & Die, both of whom are active in its management.

|GRAIN FUTURES DROP

Even Wall Street Has Wage Trouble

NEW YORK, June 23 (U. P.).—

Preparation of a schedule of salary classifications for Wall Street, as suggested by Robert Abelow, executive director of the New York war labor board regional office, has been completed by the association of stock exchange firms. A “horizontal” wage scale, based on experience rather than job or department, has been worked out in the plan, which will be submitted to the WLB for approval. Back office help will be divided into groups of special skill and knowledge, senior clerks, clerks and junior clerks. The association said it felt these classifications would cover the complex Wall Street salary problem more efficiently than would a division of margin clerks, purchase and sales clerks and others.

CAN EXHIBIT SHOWS FIRW'S WAR ROLE

An exhibit showing how the can manufacturing industry is directly contributing to the war effort opened yesterday at the American Can Co. plant, 1936 S. East st. Included in the exhibit are items ranging from hand grenades to land mines. Among the products displayed are TNT containers, machine gun ammunition boxes, containers for field rations and antiaircraft gun motors. One group in the display highlights the part canned blood plasma is playing in the lives of wounded service men.

CIGARET OUTPUT RISES WASHINGTON, June 23 (U. P.). —Cigarets produced in the United States in May rose to another record total at 18,476,252,800 in the upward trend prevailing since November, 1940, but the gain over the corresponding 1942 month was the smallest shown over the 29-month period, according to figures released by the :|department of internal revenue.

rt Corp., 1619 W. + Gary; agent, Joe H. Wildermuth, 527 Broadway, Gary; 75 shares of $100 par value; fo} estate business; Arthur Claussen, les J. Kramer, Joe H. Wilder‘muth, Alica M. Slick and H. Stevens. Land O’La : Creameries, “Inc., Minne©0! amendment of articles of incorporation. ad Seas veareriN es

at our new low price.

ON BOARD OF TRADE

CHICAGO, June 23 (U. P.).— Grain futures declined fractionally on the board of trade today. At the end of the first hour wheat was off % to % cent a bushel, corn unchanged at OPA limits, oats off 3% to %, and rye off % to %. Generally favorable - harvesting conditions and the possibility of an increase in winter wheat estimates continued to give a bearish tone to wheat.

LOCAL PRODUCE

Heavy breed hens, 24%c; Leghorn hens,

Yac. be ah {fryers and roasters, under § Old roosters, 16¢. Bges—Curtent receipts, 54 lbs. and up, Gr d 1 y 3 A iraded Eg 6c; Pea ange is Ee grade, 32c

Butier—No, so” 50c. Butterfat—No. 1, 49c; No. 2, 46c.

Investment Study Pays

ce ELK HILLS DEAL “JUST, SAYS KNOX

Committees Study His Suggestion Navy Renegotiate Its Contract With Standard Oil; Affair Termed ‘Teapot Dome Without Black Satchel.”

WASHINGTON, June 23 (U. P.) —Three congressional committees today are studying Secretary of the Navy Frank Knox's suggestion that congress authorize the navy department to renegotiate its cancelled contract for acquisition of Elk Hills oil lands owned by Standard Oil Co. of California. The other choices, Knox said, are abandonment of any. present hope of protecting the naval oil reserves from drainage through operation of the Standard wells nearby, or

condemnation proceedings to acquire the company’s land.

The latter, he said, would be costly and involve prolonged litigation. Both the senate and house naval affairs committee are studying Knox's proposals, as well as the house public lands committee which has been investigating the cancelled contract with Standard of California.

The original contract was declared illegal and void by the justice department, which said it contravened law enacted in June 1938. Knox, in a letter explaining the details of the navy's deal to the committee, said he felt and still does that the original contract was a satisfactory arrangement.

No Oil to Navy

Under the original contract, Standard would have gotten 27,500,000 barrels of oil and the navy none for the first five years. But after that, the navy would have gotten 76 per cent of the production and would have had the right to determine how much if any oil could be produced. Chairman J. Hardin Peterson (D. Fla), of the house public lands committee, said he would ask the rules committee today for immediate action on a bill granting the committee subpoena powers, an appropriation and additional investigating authority to implement its inquiry into history of the contract. Despite statements of Knox and Naval Attorney Keith Kane that the contract was “just and equitable,” Rep. James O'Connor (D. Mont), said: “It is simply Teapot Dome without the black satchel.

Went Beyond Legal Scope

“We haven't yet heard many details of the contract, but we have heard enough to know that these fellows (the navy) went far beyond the legal scope of their activities. Congress never intended to grant anyone a monopoly or to let any government agency do so.” . - In a letter to the chairmen of the senate and house naval affairs committees, Knox explained that the navy entered into its original contract because the other alternative, acquisition by condemnation, would have involved a very large cash expenditure and prolonged litigation. Knox said he felt and was advised that the method of acquiring Standard’s property through the negotiated contract was expressly authorized by the congressional act of June 30,1938. :

TCF ISSUES 100,000 SHARES PHILADELPHIA, June 23 (U.P.). —The Securities and Exchange commission today had on file a registration from the 20th Century Fox Film Corp. covering the proposed issuance by the company of 100,000 shares of no par value dividend cumulative preferred seock.

aes wh

MALLEABLE EF’ PROGRAM SET

Army, Navy Men to Award Flag, Pins at Friday’s

Ceremony.

The award flag and “E” pins at the army-navy “E” production award ceremony at the Indianapolis works of the National Malleable and Steel Castings Co. Friday will be presented by Lt. Col. George M. Enos, tactical assistant to the industrial division of the Cincinnati ordnance district, and Lt. Richard Morey Jr., naval adviser to the war production board. The awards will be accepted by Stowell C. Wasson, manager of the local plant, and Jack Holt, secre-tary-treasurer. of the United Auto« mobile Workers local 761 (C.I.0.). The ceremony will be attended by Governor Schricker, Mayor Tyndall, and a group of officials from the company’s Cleveland headquarters, including Charles H. McCrea, president; Walton L. Woody and J. A. Slater, vice presidents; Cleve H. Pomeroy, secretary-treasurer, and W. H. Moriarty, assistant to the president.

Gets Bank Credit Of $7,000,000

CLEVELAND, June 23 (U.P.).— The National Malleable and Steel Castings Co. announced today t it has arranged with a group of banks for a revolving credit up to $7,000,000 under regulation ‘“V” of the federal reserve system, and has made an initial borrowing of $5,000,000. The credit, guaranteed by the war department up to 75 per cent, will terminate Sept. 30, 1945. The credit will be used in amounts as needed for additional working capital required: by the company’s expanded operations in the war program. Its, founders in Cleve« land, Chicago, Indianapolis, Sharon, Pa., and Melrose Park, Ill, are prac toally 100 per cent on war Progucs ion.

DAILY PRICE INDEX

NEW YORK, June 23 (U. P.).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Yesterday «.eeciscevrsnenesss 160.82 Week 880 +.vcsvesscsvisesesns 170.38 MONth 880 seceseevnennsceess 171.90 Year ago sevesseese 154.80 1943 High (April 2) .eceeee.. 172.40 1943 Low (Jan. 2) ... 166.61

STOCKYARDS CLOSED JULY 5

be closed Monday, July 5, in celebras= tion of Independence Day. ¢

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