Indianapolis Times, Indianapolis, Marion County, 19 November 1943 — Page 35
EEO y SRR RL
| ¥ ead year a those . the uU. s. commerce department.
we Must Be roned Out Constantly As War Production Runs Near Its Peak
“GETTING THE BUGS OUT” OF A NEW MODEL, whether it be airplane engine or something else, is a phrase familiar to most war workers. It might be said that our|{ war production in this country has reached the point where we are getting the bugs. out ad trying to keep others from
getting in,
War production is now at an all-time high and probably won't go much higher. Our efforts Chiefly are in kesping it high and ironing out the kinks.
One of ‘the kinks is in roller and bail bearings where production is
‘mot up to requirements. This may
’s.plan for, 1,000,000 CE iPaeKS NEXE ST YORE; ~will have --to.--be ‘pared down.
flict with the farm machinery and construction programs because of the shortage of such critical
components ns
axles,
engines,
transmissions and gears. These
power shortages have handicapped | foundries and forge shops. : Shipbuilding races merrily along at a terrific ‘clip. But ordnance production is on the way down and some ordnance plants are being dismantled or used for something else, Airplane production may reach 8000
units this month or £ uh over 9000, exceed the combined areas of the 13 original states—Delaware, Pennsyl
units. T
™O HOOSIER 1 fous: millers 100k necticut, ‘Massachusetts, Maryland, New Hampshire, |
on new jobs this week.
* Isaac .E. Woodard, president of li,
Acme-Evans Co. here, was elected chairmen of the new 19-man OPA flour millers industry advisory committee in Washington. The committee, consisting of top flour millers throughout the U. 8, will give industry’s views on price cellings,.subsidies, ete. Austin 8, Tglehart of the pioneer flour milling Iglehart family of Eve ansville, was elected president of ‘General Foods Corp. “Iglehart joined’ General Foods several years ago when the family’s company, along with a number of other food firms, merged to form General Foods Corp. Until his promotion, Iglehart had
~been vice president.
» » . OCTOBER retail sales in Indiana stores (excepting chains and department stores). were. 3. per cent over October ’42 sales. Department stores showed a 14 per cent increase. Indianapolis stores (119 report Be = October sales 11 per cent
ODDS AND ENDS: International Machine Tool Corp.'s net income for
“the 11 months ended Sept. 30 was $1,162,813 or about half a million
dollars more than profits in the first 11 months of 1942. . . . Indianapolis department store sales: last week were 28 per cent over a year ago, the Federal Reserve bank of Chicago reports, best gain in the
| Midwest: . . . The Milwaukee ord-
nance plant, operated by U. 8. Rubber Co. and employing 5000 persons making .50 caliber cartridges, will be closed down by the army and machinery moved elsewhere, because of “changing needs of war” and the large reserve of small arms smmunition now built up. . . . International Harvest Co. will net around $23,7000,000 profit for its} year ended Sept. 30 ($4.25 a share against $4.95 the previous year); a $1,200,000 Christmas bonus to employees is planned.
ALUMINUM WORKERS
~T0 SEEK MORE PAY
PITTSBURGH, Nov. 19 (U. P.) — President N. A. Zonarich of the C. 1. O, Aluminum Workers of America announced today that his unions intend to seek a 15-cents-an-
A At the same time, Zonarich ari-
nounced that the aluminum work= ers will demand from Alcoa elimination of the north-south wage differential, under which workers in southern aluminum plants receive
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| ~Uncle Sam, tne nation's No. 1 cuscomponents are short because man- | tomer and employer; is likewise the
0 and 5 Bt over |
~ {disposing -of -all--real estate. owned
| bought by the navy.
BYRD DEMANDS
U.S. SELL LAND
The truck pro-| gram may con-
Uncle Sani Now Owns Fifth Of Nation’s Total Area, Report Shows.
WASHINGTON, Nov. 19 (U. P..
ranking owner of real estate.
A congressional committee report!
today showed that Uncle Sam now 383,600,333 acres—one-fifth of the nation's total land area. The holdings, according to Chairman Harry F. Byrd (D. Va.) of the congressional economy committee,
vania, New Jersey, Georgia, ConSouth Carolina,
New York, North Carolina | tand Rhode Island. And you could]
throw in eight more-—Main, Ver- ¥
mont, West Virginia, Florida, Ohio, Alabama, Kentucky and Indiana.
Lists Recommendation
~Byrd- said his ~ committee had:
watched with apprehension “the alarming increase in land acquisi--tion in- the last. few years.” states themselves are concerned t0o, Té said, because federal land is not subjected to local taxation and gov-| ernment-ownership thus is cutting into state revenues. Byrd also found that lack of yniform procedure makes possible wide disparity in ap~ praised. values and purchase. prices. He recommended: . ,1. That the government agencies begin immediately to liquidate sur-
plus holdings in.land and real estate|
which are not needed for federal activities. -
Most Is In West 2. That consideration be given’ to
ational functions of appraising, acquiring, abstracting, recording, and
and controlled by the federal government to a central unit. 3. That this unit be made a part of already “existing ‘government machinery. Most of thie federal land sods] ings are in mountain, forest and desert regions of the far west. For instance, the federal government owns more than 78 per cent of all Nevada, 68 per cent of Utah, 60 per cent of Idaho, 45 per cent of Wyoming, 44 per cent of Oregon, 42 per cent of Arizona and 41 per cent of California. Most of this land is In public domain, Byrd reported. The cost of acquisition and improvements up to June 30,.1940, he said, was well over $5,000,000,000. There is no complete of the cost of additions since that date but they would include such concentrated and expensive holdings as 12 hotels bought by the war department and two more
N. Y. Stocks
"Complete New York stock quotations are carried daily in the final edition of The Times.
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4
PRICES ON HOGS STEADY AGAIN
ison, L
Florida Surprised at Survey For Revived Barge Canal
DUNNELLON, Fla.
Deeded for operation of the canal canal,
88 LILLY WORKERS GET BETTER STATUS
Eighty-eight Eli Lilly &-Co. employees who joined the company on a temporary basis have received an announcement signed by EN Lilly, president, that they have been transferred from temporary to regular status with the organization. This continues Eli Lilly & Co.'s policy of giving regular employee status to employees who originally accepted work on & temporary basis during the wartime emergency and whose work records have been outstanding. It is the second group to be thus transferred—in August 200 Lilly employees were advanced to
regular status,
It is expected that additional openings in the company’s regular organization can be filled in the near future, and many temporary employees with good records will again be considered for advancement to the regular-status group. The company, engaged in the manufacture of ‘pharmaceuticals, has many war orders.
STEEL EXPANSION
NEW YORK, Nov. 19 (U. P)— Completion of Latin-America’s steel industry expansion ' program will boost to 1,400,000 tons annual capacity for production of steel ingots and castings, the bulk of which will be turned out in Mexico, the American Iron & Steel institutes said today. bn Full capacity of Latin-America will be somewhat less than that of pre-war Poland but slightly larger Shia. that of Sweden, the institute
5. with an snail capacity 600,000 tons, and Brazil which tapacity. of. 570,000 tons
_— per cent of the Latin-American total. Other countries, with their ton-
nage: Peru, 140,000; Argentina, 65,000; Chile, 20,000; Columbia, 5000,
- {Hleved its construction would vitally
Nov. 19.—Fiwve hundred men, directed by ap-| proximately 100 army engineers, are working at top speed today making a detailed ‘survey for construction of the Florida barge canal. Lock sites are ‘being laid out near the gulf. coast not far from hus 2 : os pe
SPST: Dit OFF
aré "being: compjeted. -Survey gangs are busy eevtywhere along the proposed. line of the canal. Locally it} was stated that government engineers believe the survey will cost close to $2,000,000, “The Florida barge canal origins ally was proposed by Rep. Héndricks of Florida in a bill calling for an appropriation of $44,000,000. This bill was defeated and Florida residents, who are far from being unanimous in their approval of the canal, believed the issue had been settled at least for the duration. Word that the canal area was
ing the way for construction, reopened -the fight with a bing. In the capital, at Tallahassee, state officials expressed great surprise when advised of the situation: They | *% felt in view of the great shortage of farm labor in central Florida that taking some 500 men off farms to do canal work was most unwise. Cost estimates range from $40, 000,000 to $60,000,000 and the period of construction from two. to four
cessor of the old Florida ship canal proposal upon which six or seven millions were spent in the vicinity of Ocala in the mid-30s and which was abandoned when congress refused further appropriations. The, ship canal was bitterly fought by the south Florida residents who be-
damage the state's water base and destroy much of the orange land of the rich ridge section, South Florida still opposes the canal, pointing out that there already is a cross-state canal between Ft. Meyers on the gulf and Ft. Pierce on the Atlantic coast, and that the expenditure of a fraction of the cost of the canal on the existing one would make it an equally effective trans-state route.
‘LOCAL ISSUES aphoral quotations furnished by Sadan.
Susie Comw! Loan Defia Elec com % oa.
| tion sdiministration reported. | cgipts neared 15,000 hogs.
| 280- 500 pounds -.
Te 1800 poain A :
alive with army engineers, prepar- gout
years. The barge canal is a suc- |Cholce—~
Top Remains at $13.60 as 15,000 Porkers Arrive At Stockyards.
| Electric Co,
STATE BUSINESS HEADS TO T0 MEET
142d Indiana na Manufacturers
Convention” Set for Tuesday.
Renegotiation and eancellation of war contracts will be discussed at the 42d annual meeting of the Indiana Manufacturers association
; Tuesday at the Columbia club.
Speakers will be Rep. Wesley E Disney (D. Okla), who is a mem-, ber of the ways and means committee and chairman of its subcommite
{tee studying renegotiation of war
contracts, and Rep. Forrest H. Harregs. (R. Ind.) who is -a-member of
Tite house military affairs commits “| tee, which, with-a
similar Senate committee, has had under consideration the preparation of a new law on-termination and cancellation je war contracts, " Their _speeches will be given at the dinner meeting. A short business session of the association will be held at 3 p.m.
Committee Named
The meéting was arranged by Roy | E. Adams, chairman, James 8, WatW. Lemaux and Harry B. Stephenson, Delta | of Marion, and Mark C. Honeywell, well Regulator Co, Wabash, chairmen of the reception commit-
aompf. W.
slow market at the Indianapolis| stockyards today, the food distribu. |
The top was $1360 for good to! choice 200 to 275- -pounders. ceipts also included 475 cattle, 350 calves and 875 sheep.
GOOD TO CHOICE HOGS (15,000) 120- 140 pounds $11 BOLT 140- 160 pounds 180 pounds ... 200 . pounds ... - 220 pounds ... 240 pounds si..e 270 pounds 300 pounds ... “380 POURS © oy oceaiie + 300 pounds . 1330613 35 Ug a - 220 pounds . Packing Sows
to Cholem— 300 pounds .........0... 12.609512.78
330 pounds .....oierera 1B 330- 360 polinds .....o0i0ae, 1 360- 400 pounds 2.404
“400 300 pounds a 450- 500 pounds .........,.. 12.25@12 “ Medium “- ’ , 1100612:18 Siaughter Pigs Medium and Good— 250- 550 pounds [email protected] CATTLE (435), ‘ Cholces 700- 900 pounds . 900-1100 pounds
[email protected] 16.00¢216 28
TR oS RS Good 700- 960 pounds
TPN vo [email protected] $00-1100 pounds 1% 1100:1300 - pounds TO0FI8 00 1300-1500 pounds ..... sieves 13.006015.00 Medium ’ 7001100 pounds 1100-1300 pounds
10.250012.75 10.25% 13.00
Common. : 700-1100 pounds 8.25910.28
Chales_ ~ 800 po 1 [email protected] 800. 1000 Rounds 14.25@ 15.50
Good 600+ B00 pounds ...i.iveiei. 1250014.00 800-1000 Dr, PRR. . 1250012.40
[email protected] 7.28910.00
Cows (all woubie [email protected] A509 9.75 6.0060 8.50 4.75% 8.00
fum TTY Cutter and commonCanner .... i Bulle “wy weights)
[email protected] [email protected]
8.50910.25 6.00Q@ 8.50
Beef ag. .
Medium Cutter and common ...... CALVES (350) Vealers (all weights) Good to choice Commond medium Cull (75 lbs. up) Feeder and Stocker Cattle and Calves
500- 800 pounds Salus pounds ......ee Coo. 300 pounds 800-1050 pounds Medium — 500-1000 pounds Common 500- 900 pounds Calves (#leers)
Good and Choice— 500 pounds down
Good and choice . Common and medium ....
= LAMBS
Good and choice .. Medium and good on 8.25
MALLORY VOTES DIVIDEND Directors of P. R. Mallory & Co, Ine. yesterday declared & dividend of 40 cents per share payable Dec. 10 to stockholders of record Nov. 20. The dividend is the same amount declared last year at this
WAGON WHEAT
Up to the close of the Chicago market today, Indianapolis flour milis and and gras) 1.87 bushel for 1
! on their merits), oals
snd No. 3 white oats, oper
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1 El a.» 2
} 3 corn, Eat! No. 3 white shelled corn, $1.14
50 i turing Co,
» Farnsworth Television &
12.95 13.80
‘lof Trade
corres 11.90@0278] tum i 500 pounds down. ........... | 9.00011.38
tee. Other members are Rov J.
Co., Attica; W. H, Houghton, Ben- | |x Products division, South Bend;
{EM Morris, Associates Investment Re-, Co., South: Bend; Paul F. Thomp- Dress flights through central Me xl |
son, H. A. Thrush & CGo., Peru; B W. Cooper; Delco Radio division, Gh.
Re- M, Corp. Kokomo; D. A. Williams, |
Continental Steel Corp, Kokomo; Co, Huntington; LS. Murphy, Marion Malleable Iron works, Ma-| orion: J. H. Schroeder, Sunbeam 9 | Electric Manufacturing Co.
Lafayette: Frederick Duncan Electtic Manufac- | Lafayette. . - Others are Cornelius O'Brien, A D. Cook, Ihc, Lawienceburg: WM Clark, Warner Gear division, Muncle; tric Co, It. Wayne;
Holmes,
Corp., Ft. Wayne, P. J Chrysler Corp. New Castle: H.-W: Bockhoff, National Automatic Tool Co., Richmond; E. B. Newill, Allison division, G. M. Corp.; C. Atkins, E. C. Atking & Co; E FP Theis, Curtiss-Wright Corp., Propeller division; G. A. Wainwright, Diamond Chain -& Mfg. Co; H E. | Gottberg, International . Harvester 00,5 1 SRB RI Mallory. Alp; JH. Flather, Prest-O-Lite C67 O. N. 'Reifstéck,” RCA Corp.; Louts | Schwitger, Schwitzer-Cummins Co JE Cady, U.'S. Rubber Co., all of Indianapoiis,
WHEAT PRICES RISE. ON SUBSIDY PLAN
CHICAGO; Nov. 19 (U.P) = Wheat futures maintained an independently strong tone on the Board today with December climbing to $181 a bushel, new 14year high. At the end of the first hour wheat was up % to % cent a bushel; oats unchanged to off i, rye unchanged to off 4, and barley off %, In the Décember options wheat was up % to 4 cent a bushel from the previous $1.60%@%; oats off 1% from 78%; rye off % from $1.13%, and barley unchanged. The proposed flour subsidy con-
Kennedy,
ings were light.
California Hails Its Licorice Root
HANFPORD, Cald Nov. 19 (U, P)) .~Ignhored for 50 years as a useless weed, the first earload of California licoriceroot Was en route East today as the first step in the creation of & new California industry which will help to make the United States Sdepondsiy of other nations for a large share of its drug and oil supply. Licorice, ‘familiar to the layman in candy or cough-drop form, assumed - & new wartime importance as the principal ingredient of foamite, which is used to extinguish oil fires and it's now standard equipment for battle ships, ofl- tanks, pipe lines and -fire trucks. Prior to the war, between 60,~ 000,000 and 100,000,000 pounds of licorice were imported annually from Bagdad, Iraq, Turkey, Russia and Spain by one eastern processing plant alone.
- GLASSES on SRec
D STORE ® ® The CHICAGO STORE ® The CHICAGO STORE | ® ® The CHICAGO STORE ® The EHICASD STORE »
Minneapolis-Honey-are co- |
"Evanss| ville; H.-B. Kahle, Aluminum Co 78 of America,
E. A. Nicholas, Radio|
tinued to have a bullish effect in the flour pit. Commercial inter ests bought heavily and short-cov-ering helped to lift prices. Offer-
The last of 11 giant 225-ton open hearth furnaces at the new DPCinAnced shop at the Homestead works of Carnegle-Iliinols Steel Corp., U. 8. Steel Corp. subsidiary, is scheduled to begin production tonight, «a 8 _ 0» Colder weather stimulated Christmas gift buying this week and lifted vetall sales throughout the country 10 (0 12 per cent above 1942 Jevels, Dun & Bradstreet, Inc, reported today. » n »
Excess reserves of Federa! Reserve
1000 during the week ended Nov. 1 to a total of $1.100,000,000 reflecting a sharp rise in the treasury “float the weekly condition statement disclosed today. . 8 ‘Bituminous coal production fo:
following the settlement of the coal strike, the National Cowl associstion reported today, and compared with] 11,453,000 tons In the 1942 period Production for the year to date Approximated 503805,000 tons compared with 505,763,000 year ago ” " »
Petroleum Administrator Harold {L. Ickes today certified a December | | produc {167 rate-0f 4,604,200. barrels | {dally to the oll produging states, an increase of 58,500 barrels daily over i this month's fue and a new record. | » ‘. William Taylor has been elected {president of Lineas Aereas Mineras, [8 A, of Mexico, W: A. Patterson |
Hog prices opened steady in a Harrison, Harrison Steel Castings | president of United Afr Lines an-
{nounced today. United recently | { acquired control of the company, | whie h--operates passenger-mail. ex
Co, " n. ow A special meeting of the common stockholders of The Pirestone Tire!
Dec, 15 to authorize $60,000,000 of | new preferred stock n " " A record Friday's run today fol lowed a two-day embargy dt the South St. Paul livestock yards. Truckloads of stock, which began {riving nearly 24 hours in advance! jof today's market opening, numfbered 1150 at the start and stock: |vard representatives sald receipts
John W. Crise. General Eleo- | might equal last Monday's record of {down their 33.000 [He bought a vacuum. cleaner
more than 40,000 hogs and sheep,
U. S. STATEMEN T
WASHINGTON, Nov, 10 (UU. pp [ernment expenses Abd receipts for. "the jeurrent fiscal year through Nov. 17, com [pred with & year ago This Year Last Ye ear {ex xpenses $ 4.507.485 284 $308 418 582 War Spend 32,358.060,031 54.275 563 525 Receipts -13.610,500,301 4 782 831 8 {Net Det 20.046. 803 81% 21 677 340 fos Hout Bal © 15,924; 607. 330 2 R22 006,162 { Public Debt - 180.752.800.820 08 010,686 411 | Gold Res 22.005, 180.476 22,741,370 498 ALOHA Lal PE ET NE INDIAN APOLIS CLEARING MOUSE Claariugs $ 4.834,000 bit 15,015,000
system member: banks rose $20°000. | | assignment,
| war {steel advisory committee yesterday that the main job of reconversion . the week @énded Nov. 13 Jumped to]! approximately 11,300,000 net tons
Baruch Wants: WPB t Guide Reconversion of Industry. WASHINGTON, Nov, 18 (U. P) --War Production Board Chairman Donald M. Nelson has advised his staff he will resign unless the WPB is named to guide reconversion of industry to a peacetime footing, but
there was every indication today that his agency would receive that
Bernard M. Baruch, named by President Roosevelt as chief of the reeonversion unit of the office of mobilization, told the WPB's
sheuld-be- handled by WPB:- Baruch thus eliminated his unit as candidate for the bigger assignment, leave ing - Nelson's agency . virtually a ielear field te z I~ While post=war Teconversion was still in the. discussion and paper stage, the WPB's office of civilian | requirements was reported to have {completed a plan whereby a large number of several important houses {hold {tems—including washing ma- | chines; electric irons and electric re | frigerators——would be produced for {civilian use during 1044 {A warning that the bigger job of industrial reconversion is not. being planned with sufficient speed or co jordination was voiced yesterday by Ihe senate post-war economy. and [planning commitiece, It wtiged that teongress act immediately i order to minimize unemployvinent and expe dite production in the post-war
The adimindstrations efforts to {date in the field of reconversion inidicate that Baruch will outline the general pian and that the WPH, [with the aid of the machinery that
G. H. Beasley, The Caswell-Runyan «¢ Rubber: Co. has been called [or |gnirted industry to wartime produc-
tion, will put it into effect and suply the fini hing touches .
VACUUM CLEANER ENDS HAIRCUT WOE
SPRINGFIELD, Ht (U- Posse
Business fell off whén customers of | pernard Kochi, a barber, complained’ that lopped-off hairs were getting ! necks and scratching. with k hose attachment small enough to lice under the collar, and now | busisiess is ood.
"ARMY CRASH TRUCK | CAN SMOTHER FIRES
WASHINGTON “The Army Air [Corps has giant fire-fighting crash trucks which are capable of fmotis lering gasoline fires with thousands
Be Erp A REO BORE IE
{ then of picking up the wreckage and [transporting if to a repair base,
The CHICAGO STORE * The ‘CHICAGO STORE
ENTIRE STORE OPEN UNTIL 9 O'Clock Saturday Night!
gE
GET READY FOR
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—Hundreds to Select From! —FINE ALL-WOOL COATS! ~~ =—NEWEST STYLES!
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Th Savi Are All Jn fa Bog Will Prove Il
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Skillfully tailored! these values!
ALL SIZES—ALL COLORS Men's Brand New Fall Suits 518% - 519% - 521%
Single or double breasted. Choice of browns, blues and grays. All sizes 3¢ to 46
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