Indianapolis Times, Indianapolis, Marion County, 23 August 1943 — Page 12
®
Department's
Present Policies Give Clue to Methods
For Gigantic Reconversion of Industry - At End of Hostilities.
By CHARLES T. LUCEY Times Special Writer
WASHINGTON, Aug. 23.—Establishment in the war department of an office to administer termination of war con- . tracts marks the approach to a gigantic reconversion prob-
lem in which thousands of businessmen, holding billions of
dollars worth of government
orders, have a vital interest.
So far the war department does not wish to talk about
contract termination when
‘hostilities cease, and its ac: tivities currently are directed to settlements growing out of
- entbacks or revisions of needs resulting from changes in the army supply program, To this end, Jorders for prompt termination have been given by Undersecretary of War Robert P. Patterson, and a detailed and fengthy guide for officers engaged in such work, known as PR-15, has
. been compiled in an attempt to
clarify and codify governing law and procedure. While the problem today is one of cutback and revision—settling contracts where the army decides $00 tanks or guns or trucks are needed instead of 1000—the experience and precedent built up undoubtedly will apply to cease-firing contract terminations, officers’ in charge believe. Hence, the war department’s approach is significant.
Discretionary Power Wide
! Termination provisions are contained in most contracts, and the new regulations give the contracting officer, in determining proper settlement, “a very wide range of discretion,” and say that he “may act upon such evidence as is satisfactory to him under all the circumstances, with a view to reaching a fair adjustment expeditiously and with a minimum of technicality.” The contractor would be paid the contract price for all supplies completed and delivered. This amount is not subject te negotiation, and does not enter into the negotiated settlement to be made on the uncompleted part of a contract except, perhaps, as an accounting} guide. . With regard to uncompleted pore} tions of a contract, the contracting officer “may allow the contractor by way of settlement such amount as will, in his judgment, give to the contractor fair, full and reasonable compensation for the contractor’s
. costs, expenditures, liabilities and . commitments incurred in connec-
tion with the uncompleted portion
- of the contract. . . .”
Ask Subcontractor Aid
The war department also will permit “such reasonable allowances for
profit on the uncompleted portion of
the contract as the contracting offi-
cer deems just and equitable” for|Mediu
work actually done on this uncompleted partion. Negotiation of settlement for the
~ uncompleted portion of a lump sum|GSea
contract, the new regulations stipulate, “ is primarily a problem calling for the exercise of sound business Judgment by the contracting officer and the members of his staff. . . . The negotiation should be carried | © on in the light of available accounting and other relevant data and as
: 8 business negotiation to be com-
pleted speedily and equitably.” The regulations provide that
. “prime contractors must be pressed
to effect prompt, fair and reason-
able settlements of their outstand- | se imc
ing commitments to subcontractors and suppliers, and pass on to them # reasonable share of partial payments on account of terminations.”
, = Cites Three Problems
There are three major problems to termination, in the view of Col. Bryan Houston, officer in charge. First, under partial termination, it is sometimes difficult to get a contractor to say what the war department owes him because he is not sure; if the cutback is from 1000 to]
500 items he doesn’t wish to settle Se
PRICES ON HOGS RISE 5 CENTS
Top Advances to $15.30 as 6300 Porkers Arrive At Stockyards.
Hog prices at Indianapolis today advanced 5 cents over Priday’s prices or 15 cents over Saturday's, the food distribution administration reported. Weights under 160 pounds were 15 celts higher than Friday. The top was $15.30 for good to choice 200 to 210-pounders. Receipts included 6300 hogs, 2275 cattle, 675 calves and 2200 sheep.
HOGS (6309)
0 . 270- 300 pounds .... 300- 330 pounds .... ve 330- 360 pounds ..,..eceee.s 14. [email protected] Medium 160- 220 pounds [email protected] Packing Sows Good to Choice— 270- 300 300- 330 330- 360 360- 400
+. 13.50
[email protected] [email protected]
14.00
Good— 400- 450 pounds seesesvcons. 450- 550 pounds Medium— 250- 550 pounds Slaughter Pigs
Medium and Good— 225- 550 pounds
CATTLE (2275)
tessspeeaces
Choice— [email protected] 15. .50 16.50
sesso ennne
16.50 Good— : 700- 900 pounds ...sesevssecs 900-1100 pounds ... 1190-1300 pounds 1300-1500 pounds Medium 700-1100 pounds .. 1100-1300 pounds
OMmOon-— 700-1100 pounds
[email protected] 3 Ros. [email protected] [email protected]
ssesensens ste sssnsereee eeesaeens ers
«+ [email protected] [email protected]
assess
esebvons
Choice 600- 800 pounds 800-1000 pounds Good 600- 800 pounds 300.1000 pounds
[email protected] sessesensene 4 50a18.18
[email protected] [email protected]
[email protected] 8.75011.25
vesserstenens sveecsaneseee
Common SENN RNNRNN NN 500- 900 | pounds ...iiseeneses
Cows (all weights)
sesveetinevatnsas sseeasss [email protected] [email protected] 1.50@ 0.76
Good
Bulls an weights) (Yearlings excluded)
er seasons [email protected]
Good weights) ..ee0a0. 11 S0a13.2 [email protected] . 1.75@ 9.00
CALVES (675)
Vealers (all weights) 113081 80
pe (78 Ibs. uP) «eivvsss wv [email protected] Feeder and Stocker Cattle ig Calves
Cholce— 500- 800
po 12.75@ 14.00 800-1050 pounds
+ [email protected] | Al
Good— 500- 800 pounds 800-1050 pounds
tsvcnsnorree
0 : 500- 900 pounds ........ «ooo [email protected] Calves (steers)
Good -and Choice 500 Jouhds AOWN uteeseensine [email protected]
[email protected] Calves (heifers) Good and Cholce— no pounds down .. 500 pounds down «....venasee SHEEP AND LAMBS (2200)
Ewes (shorn) Good and choice .... Common and choice
Spring Lambs od and thoice and good
for the cancelled 500 until he has|®®
delivered the others. Second is the disposition of materials. There is still material in government warehouses from the last war, and the aim now is to| ag, take under government control as
little material as possible. In all| Boros:
cases attempts will be made to dispose of it by sale, but there probably ‘will be cases when melting down is the only answer. ° Third is the pressure of tite and
other work on both contracting” offi-
cer and the company involved in
trying to reach a settlement.
LOCAL ISSUES
Nominal quotations furnished by Indian. apolis securities dealers, Bid Ase Agents Fin COrp COM cvoqoeess 1% Agents Fin Corp pfd ..... Bi 8 com
Bobbs Merstll 45 $%% pid o” - 0 cssnnes Circle Theater com 37% Comwith Loan 5% pfd ...ess. 99 1 Delta Elec com ’ 11% Book Drug o2 com Home T Pt Wa Ind & Mich Fleo Bd Si Re 1) 0 ee Ind Gen Serv 6 vs Indpls P & L STs "vid pg Is P & L com
13 8% pt. er sea¥ 100 COM vovses 8 pid...cense. 100
pid iv eansogre com Setssates
+ [email protected] Auch A
Am veerssseases [email protected]
B [email protected] [email protected]| CO & Alk
% | Yellow foe ae
EMPLOYMENT
sera estRNaN
Payroll (Weekly) ...... Sought Jobs (Persons) Obtained Jobs
TRANSPORTATION Streetcar
BUILDING
Apartments ... Business
Public
FINANCE
MARKETINGS
Hogs (Head) Cattle Calves Sheep .... Corn (Bushels) Wheat ......c.. Rye ... Soybeans
MISCELLANEOUS
Imports Relief (Cost)
Ohio, Monon, Illinois Central and Nickel
Chamber of Commerce,
By JOHN LOVE Times Special Writer CLEVELAND, Aug. 23.—A cheering announcement to look for one of these times will be the elimination of the deficit in the allied merchant fleets. : With American deliveries of new cargo ships running at an annusl rate of around 20,000,000 tons, and with 90 U-boats disposed of in three months, the losses from sinkings will be made up before long. This will be something which didn’t occur in the last war.
Different From ‘18
A whole series of improvements will be recorded, such as a decline in congestions at the docks and a drop in matine accidents. Before the war is over the volume of shipments may exceed that of peacetime, if indeed this has not already
N.Y. Stocks
Net Tas Change ore Tig 36 81% 12 8% 13% Ys 154% 8Y Ph
‘Low Allegh Corp .... 3% 2 Chem .. Hou
% Ye
Faas
pa.
so 8%
33% 3% 26 107 45
ing Bait A Oo pt . Borg. Wats . & Me
oe
PASEFEESRREE PE FEE 2 EREES Fees #
funn
RE
Po
CLIFT +L
E Fseeser v2
HEH ER
A+ LHL:
Tr
Ted FRE dre
Pp U. 8 Gypsum rm U 8 Lines ih or.
West Ale ER ati Worth 19%
1+
| ea &
Complete New York ried daily in the final edi-
Employment (Manufacturing) ..........80,998
sosssnsscaccosess R64 sseesaassnse sees D0 Filed Unemployment Claims .... ¢..c..-169
Inbound Freight (Carloads) ............18,968 Outbound Freight sscesssscancascnnsess 13,140 Passengers .........oeceeeee+..10,039,706 Airplane PASSENEers...cocvescocencsscses $002
Houses (Permit Value) cossessurensesess $14,200
SPP QecENNINCINEIIQRORBR NIT, C0800 000 NNN RRRREPI RNR RNRRNIRN" . cesssensasssssessenssnsssseess $28,050
sessssssbisscecsnesshasassnsesnsresl
Repairs ceaceutscssssnssncassancsasssene $37,183
Bank Debits .....cvcocoressissesnee
Cah evra ssesesa reser reise RNS cescsssesessessesassasssacensens 10,693 essasessesasssnsnasseess 533,000 ssssensensspussscsseerses3096,000 Oats 8000000000000 0000000080 400090000 407,500
cssesacsessnncensessssssnsessssses 2000
4eseecessanissssncscsesssssens 144,000
Telephones In USe ......coveeseseeesses. 130,413 Postoffice Receipts .........opevec0e00..9457,492 Electricity Output (by kwh) ............90,912,000 Gas Consumption (by Cubic Feet) ......574,851,000 Water Pumpage (by Gallons) ...........1,855,000,000 Sladen cs tnnsiarnsisnsnesevas-303319 Relief (Persons) ....cccceocescescescsesss.1,054 cas snsisansnssnsnsasen sens» 313/453
Sources of above information: Indiana Employment Security division;
Shipbuilders Expected to ee Catch Up With Sinkings Soon| =:
%4| reorganized OEW and the war ship-
stock quotations are car- | |
July, 1943 June, 1943 . 79,881 scene 4,200 svscseener 4160 .coiensne 124 8080000
esses $3,341,620
A
16,491 Ses NNen . 12218 ssssaes 9,935,669 eee 3,621 sesssner
$45,500 sss 0
$500 cessasan $61,400 sess $500 sesescen $57,814 sss
0 $2,800
®
$134,017,000 ovo» $447,648,000
a
«+ 202,656 231,418 ..vne. 17,326 coceess 11,134 eesenie "10,598 sssasee 1,370,000 1,159,000 sees 321,500 essen
147,200 secnnae
129,809 evans $441,923 ses, 88,874,000 ... 582,503,000 ,. 1,510,340,000 . $94,683 Canave L220 ..iecees $15,123 ......
Plate Railroads: Indianapolis Railways; In
been accomplished by heavier load-
ship movements on the Atlantic are improving is furnished by the arrival the other day of British magazines just two weeks old. This was the first time in years these particular ones had been So prompt. Six weeks ago some of the managers of the foreign-trade departments of industries around here were unable to locate cargo space for what they were able to ship. Today they are being offered space they cannot use. Exporters Complain This fits in to some extent with complaints voiced in shipping circles in New York. There the statement has been made that vessels have been putting to sea only partly loaded lately, but that this was due to the failure of the office of economic warfare to release the space for exports. In the port of New York the complaint has gone to the point of Di the discrepancy on a lack of co-ordination between the newly
ping administration. South American concerns are still piling up bank balances in New York and elsewhere, and would be able to buy greater quantities of the things they used to get from this country if these things could be manufactured. Cargoes of coffee and other South American products are increasing, and so is South The first streaks of the dawn of foreign trade may be clearly seen.
MILKWEED FLOSS NOW A WAR NEED
WASHINGTON, Aug. 33 (U. P).
a formerly imported from Netherland East Indies. ~ The department of agriculture is sponsoring a three-year program to encourage collection of the pods from wild plants. Harvest goals were set at 1,000,000 pounds of milkweed floss this year; 3,000,000
59,400 asseere
Compared “July, 1942 62,090 ....... $2,22 1,449 "ee 5.47% sssvnnns 2,582 caste 1,404 sesenaee
% + 147 + 004 — 558 — 139 + 363.
+ 150 + 18 + 10 + 10.5
16,747 CEES EEE 7.900.349 .... - 3,750 sess eses
+460.0 - 54.3 -=100.0 - 11
$151,700 ...00 0 ; 0 s2asse tess
$500 densest $43,404
seen
$128,912,000 .. $366,783,000. ..
158,437 ...... 25,390 essen 13431 ....... 22,515 tessnes 2,251,500. ..,. 1,135,000 seve 544,000 esses 31,500 sesevee 63,000 sacsence
+ 12.0 + 115 + 25.9 + 25.9 + 11.3 - 78.0 -— 50.3 — 46.3
116411 ...o.. $410,149 seenve 72,322,000 456,707,000 .. 1,410,350,000. . $287,129 esses 2,119 sssescre $21,343 covnee
“en
New York Central, Pennsylvania, Baltimore & disnapolis
Municipal Argent; City Build-
ing Commissioner; Indianapolis Clearing House Association: Dun & Bradstreet; Agriculture Marketing Board of Trade; U. S. Commerce Department; Indians Bell Telephone Co.; Indianapo Indianapolis Power & Light Co.; Citizens Gas & Coke Utility; Indianapolis Water Co.; U.
lis Postoffice; Center Township Trustee;g 8. Customs Office; Indianapolis
Deaths—Funerals 1 indianapolis Times, Monday, Aug. 23, 1048
Frances Mae,
Monday i L at resi- * Mount Tot Servi ¥ice Wednes. 10 a. m.
t Macedonia church, w of Traders Polct, Friends Iuvited. aril Maced em:
A little plece of evidence of how BEENGLE_Rev.
Irene Mary Jean and David C, of 3
Harry e Peace St. Matthow s Evtscopai church, 19 8. Bitter Burial Washington Park.
me, OTT rp 64, father of Mrs. Violet A ryt Dorothy H James H. Hi gue Lo L Elliott; prother 0 Ss. pman. Passed a Saturday, Funeral ‘Tuesday 2. p.m ” Mrs, Wm, Shipman’s, Second ave, W., Mars Hill. Friends may call at dence after 7 p. m. today. Burial Floral k, Farley service. AN—Abe, of 523 E. 24th, passed away Sunday afternoon, ' husband Lena, father of Emanuel, Alex, a
urial invited. (Peru. Ind., ar widow of Sohn ther of Earl
ply yours trick and
T. and Wray J. Kirk-| 904 othe , of Atnés Br alton and Ho S Eire
aw! at the Saal Colorado ave: ave.
1
a | PLANES «il For Our Armed Forces—They're
Deaths—Funerals
t call : ROBERTS—William B.,
Cm 1234 Prospect St.
«
MISS JEFFERSON or MRS. BROWN Monday Through Friday, 8 A. M. to 5 P. M. Saturday, 8 A. M. to 3 P. ML
ARE NEEDED
* All former telephone ssemtory ,
2 : ¢ : 3 ¥ and " 4 Sia *%
% Young women, age 8 and over; with | no telephone operator experience
ARE URGED TO APPLY
}
PLEASE SEE ea 240 N. MERIDIAN ST.
SALTSMAN, 18 N. BELMONT or
. MISS WILSON, 1721 N. RURAL
MONDAY THROUGH FRIDAY 8 A. M. TO 5 P. M.~SATURDAY § A. M. TO 19 NOON
INDIANA BELL TELEPHONE COMPANY
Indianapolis Times, Monday, Aug. 23, 1943 HAMILTON--Adaline, mother of Evaline Machan and Nancy Boicourt. Passed away Sunday a. m. Puneral Tuesday 2 p. m. at W. T. Blasengym funeral home. Burial New Crown. Friends may call at 531 Norman ave. until! 18 a. m.
Tuesday. W., of 1047 Windemire; lo" Yes Dorothy of Mu. Nona
MILLER—Fred Busband of of
Robert an OE Away Sauirday. pass will be hel
Irving Hill 1, 53 Wodnesqay, Ghape a. ington Pi Friends TAY call at any time htter %i:30 p. m. Monday, NIEHAUS—Bernard A., age 61, passed away at his da ter's residence, 1472 N. Grant ave, Sunday morning. Beloved father of Charles and William Niehaus, Helen Niehaus, Mrs. Ruth Lauterbrough, Mrs. Gertrude Decker and
ph Mrs, el schmi Kirn. Funeral and services from Speaks & Finn funeral home, 3859 Col108% aver a yssday 2 p. m. Burial Crown RON J Thomas, age 67 years, beloved father of Homer, Loyd PatterSun WA | of Mrs. L. P. Enfield, ol Gha rth Jom 1 ay Cant pe inois a 10th, Wedn ednesday, 3 p. m. Burial WashPear Pri may call at the chapel any time after 10 a, m. Tuesday R— A, age 38 76, 1410 E. 10th st., father .of Mrs, Frances Davidson and Houston Pitzer, both Indianapolis, away Saturday evening. Planner & Buchanan nfortuary Wednesday, 3 p. m. Priends invited. Burial Crown Hill, Friends may at the mortuary. of 2627 N. Olney
le of Arthur and Ted
to E. higan Husband of An M. Susman, e Peace Chapel. Burial Cr Friends are wel . Funeral Directors
rest- Ww. T. Blasengym hr
CONKLE FUNERAL HOME of|1934 W. Michigan St. _____ BE-193)
1934 W. M Market 1334
FARLEY FUNERALS .561 io
FLANNER ¢ & “BUCHANAN
$8 W. FALL CREEE
- 981 N. Delaware St.
“HISEY & TITUS RE &
CIR CH-1808
SHIRLEY BROS. CO. = ROBERT Ww. STIRLING
~-9433
IR-1150 TA-0030
eyed
Lost and Found 7 "ss reward for return. AR zeturn of female police stra, st.
LOST ellow yellow male cat, tiger Toc, som strayed; 2 Banenk’ for Suiesky Bo 1100 W. D for Information ursd, from 1402 P! easant Nard, 5 ubbles. Svening Pet. MA-2878.
i | LOST—White, wire haired terrier, year old.
Vicinity of 2800 E. Washington. Reward.
FR-3105. T. Miller; | [6ST Black silk coin purse, in Ju Irvingloh
or near by,
m.| ST Patent pursé oa kL ao) AT
mor: ton bus Sat pA yeward. IRmay eall
near 54th and ao Bit 2236,
Schools wn Instructions 7A} Schools & Instructions 7A
| Greatly Needed!
- MEN and
PH YSICALLY HANDICAPPED
WOMEN
PERMANENT POSITIONS FOR
12 MAIL OPENERS 7 STOCK CLERKS (to fill orders) 8 HAND BILLERS (no machines) 8 TABULATORS 10 TYPISTS
We are an old nationally known mail order hou recently moved to Indianapoils. We have over employees and have openings now for 45 young women, married or unmarried. Good wages even for beginners. Pay is based upon a 5-day 40-hour week with time and a half for overtime. ‘ Several better positions also. All positions permanent.
Apply Employment Qffice, Main Floor
LANE BRYANT, INC. 152 E. Market
Make Globes of the World > For Schools—Aviation—Home
edo Fascinating Mang Work
Good Pay While Learning in Light, Clesh Factory Permanent Buplovitent =50-Hout, 5-Day Week Do Not Apply If Engaged in Essential War Work
The George F: Cram Company, Ine. 3d Floor—130 E. Washington Street
* YOUNG WOMEN * i 17 to 30
For Clerical Work
See Miss Jefferson
INDIANA BELL TELEPHONE CO.
240 N. Meridian
GIRLS—-We have an
to 8:30 . to 5: 5) ». Pon. aaurdays Peterson. vertistng Bi ite ‘ment, The Indianapolis
Schools & Instructions TA Poros TT LEARN BEAUTY OULTURE |..Ll-0873 or BR-1381. Demand for operators exceed the 4 ? allo aT : BE Flat Work
lie us Tee day produces Ironers, F d Folders and Shakers
ie Le LUX LAUNDRY * 5301 Winthrop
- Attention MHousek
woman to care for 3 children, 7, $13 without aun, t. 8 Miles west of
line. BE-2110 oh dn
wet to lg 18 with, Permanent esr]
hoons and |
J COLORED i WOMEN S| Freight House Truckers - Penn. Railroad 1146 S. Emerson COUNTER GIRLS °° 2 3. ¢
Ek Meals a ue Ribbon Dairy. Bar, % pen
White or colored; excellent salary, ann)
OFFICE WORK Essontial Industry
| old established firm. has
I
| * Bishwashars—Cotored :
GUARANTY CAFETERIA - LN EL osiented prefesred fo w to. work in| oppartunity.