Indianapolis Times, Indianapolis, Marion County, 19 April 1944 — Page 8
city's 74 major factories.
PAGE 8
BUSINESS
Turnover Decreasing in City's War
Plants b — By ROGER
NOTES ON LOCAL MAN the city’s major factories are ployees than they had several
The turnover rate in February, latest available figure,
was 5.9 per cent against 8.85
quite an improv ement hn. not as good as December's,
5.45 per cent. Major reasons are the 'stabiliza-| tion p=, Lib freeze”) oh De cancella wi which ton Be n workers pi hp that the days of | easy-picking for, jobs are about | over, SO more are. holding onto the jobs they have. A good percentage of the turnover is due to women who are quitting, although just how. much, no one knows. Not all the news is good, however. Absentee{sm is increasing. It amounted to 69 per cent in February, which is worse than all during last year with | the exception of December when | absenteeism hit 8.5 per cent in the
Again, women are blamed, by practically all plants, as being the
ut Absenteeism Is Growing BUDROW:
POWER: For several reasons, having less turnover of emmonths ago.
per cent a year ago. That's
4000 PORKERS | ARE HELD OVER
7850 More Releived a Prices Unchanged; Top Is $13.80.
There were 4000 hogs -held over at the Indianapolis stockyards today from yesterday and 7850 more
. THE INDIANAPOLIS TIMES
kJ
“Discuss Plans for Auto Industry
Various executives of the automobile industry mat in Washington to discuss with the WPB the resumption of automobile manufacture after the war, Chairman Donald M. Nelson notified the motor heads that renewed passenger car production is not yet in sight. At the meeting were (left to right) Henry Ford II, who put himself on record as pledging that war veterans will get job preferences in the Ford plant after the war; C. E. Wilson, president of General Motors, and Powell Crosley Jr., president of Crosley.
arrived this morning, the war food administration reported. Prices were generally unchanged in a slow market. The top price continued to be the government floor of $13.80 on 200 to 270-pound-ers, Receipts also included 1025 cattle, 600 calves and 125 sheep.
Three Indiana Plants Seized
WASHINGTON, April 19 (U. P.).—The army has extended its possession and operation of the Ken-Rad Tube & Lamp Corp. of
INDIANA BELL WINS 0CD SECURITY AWARD
The national security award which represents outstanding | achievement in the protection of
Water Co. Names
Finch Engineer
Lewis 8. Finch, principal assistant engineer of the Indianapolis Water Co. has been advanced to chief engineer, replac-
Owensboro, Ky. to include the ing William C. Mabee, who retired
worst offenders. The husbands of GOOD TO CHOICE HOGS (7830) employees, plant facilities and serv-
drafting 4F's for labor battalions
300- 330 pounds .. 6 12.50@12.€0
330- 360 pounds ..
and operate the Ken-Rad facilities.
Attending the ceremony will be a
many women war workers are em-| 130- 140 pounds ooo $1v@ll Rind four eae Dessing ices in wartime will be presented to on April 1, it was announced toployed, so they don't Reve bi ox 160- 150 Pounds 3 2041595) and Tell City, Huntingburg and |the Indiana Bell Telephone Co. at| yr. pinch joined the water for a living and when if ee 200- 220 pounds . i 30 Rockport, Ind. the war depart- |3 p. m. tomorrow In the company’s| company Feb. 2, 1942, after extaking a day off, they do dq a Pounds 13.80 ment announced today. auditorium. tensive” experience in the water Note: Absenteeism ay wo ine; Zi. 300 pounds, ne The new seizures were made un- | Col. Manford G. Henley, Colum-| works and sewerage field. He was to be a problem all Jutougn 8 war) § 30- 360 Pounds -....esseerrs 13.00 _ | der authority of an executive or- |bus, O. acting regional director of| chief engineer of the Indiana ~~ because the percentage 0 od | Medium IE worn as eer mn [email protected]| der issued April 14, in which (the fifth civilian defense region, State Board of Health from 1925 -# employees has oer Sncpegsing ol ? Packing Sows President Roosevelt instructed the |will make the presentation. James| until 1933, when he went into probably will continue t0 do 50. 15004 to Chotce— »<10gs| War department to take possession |F. Carroll, Indiana Bell president, privaté “practice with Dan Bab4F's? The Washington talk about | 270- 300 pounds .. - 1255413 8 | will accept the award. cock, specializing in municipal
water works and sewerage prob-
y weren’ yi - rverees \. 124521255 1 they weren't in Jeanie York 5 29 pounds . ne The order grew out of the cor- |group of telephone employees who| lems. After Mr. Babcock's redidn't cause much of a y + | 400- 450 pounds .....eveeenns [email protected] poration’s refusal to comply with |are directly connected with the se-| tirement from the firm in 1936,
There were some phone calls and letters, mostly from 4F's wanting to know if their jobs were classed “essential.” Manpower officials have no way of knowing how many 4F’s aren't in essential work; draft boards are trying to find that out now. ” = s ODDS AND ENDS: The late Edsel Ford's estate in Grosse Point ‘Shores, north of Detroit, is for
700-1100 POUNAS +.evsvesaress [email protected] sale: $500,000, . . . Packard has cut 1100-1300 pounds ........ . [email protected] costs of the Rolls-Royce aircraft| 700- 71000 pounds Heda! [email protected]¢ DIPS IN STATE engine 34 per cent in three years. Chotesn, dns 1S BIS 50 . Perfect Circle Co. of Hagers- 200-1000 TOUNAS oonrreernnres 15.00% 15.75 town earned $669,000 in '43 against | “ga0" oo ounds .....e.es... [email protected] . . #478000 in 42. . . . WPB is ex-| 800-1000 pounds oiinenenn 1oasoc; Declined 1.3% During March pected to remove restrictions on | soo. 600 pounds ....... veers [email protected]| : . sale of second-hand typewriters to| Common— = For Third Straight
civilians; OPA is planning ceilings.
- + + + Unable to extract the scent BGC, yoni) 0... 120041275 Month. of new-mown hay from the drying | sausage— grass itself, du Pont synthesizes it| FooC, -oowioieerein Ha lite! Indiana employment and payrolls from coal-tar for use in perfumes.| Cutter sud an Li 8.50@ 9.75| trended downward in March for the - ows (all we! S ood aie 117581350 third straight month, Everett L. GRAIN PRICES TURN Cutter and common 775@ 9.75 | Gardner, director’ of the Indiana Canner 6.25@ 1.75
MIXED AT CHICAGO
Good to choice .............. 15.50 @16.00 , CHICAGO, April 19 (U. P.).—|Common to medium .....5... 93031500 Largely as a result of retooling . Cull (70 lbs. uD). "6.002 9.50 for design changes in various plants, Grain futures developed an irregu-| “Feeder and Stocker "Cattle and Calves | combined employment in all the lar trend on the Board of Trade choice— | manufacturing and eight groups today. 200-1030 bounds _...iiiiiiill 118013.00| Of ~non-manufacturing industries
At 11 a. m, wheat was unchanged to up % cent a bushel; oats up % to off %; rye unchanged to up %,
Comm, and barley bid off 4. 500- 900 > pounds ves (riers) 8.00@ 9.25 Corresponding weekly payrolls, Good and Chojces oT Mr. Gardner said, were estimated at WAGON WHEAT 500-1000 pounds ......... eee 117501328) $96 210,045, or 1.1 per cent below
Up to the close of the Chicago market
today, Indianapolis flour mills and grain | 500- 900 pounds ............. [email protected] | February, but 13.2 per cent above elevators paid $1.63 per bushel for No. 1 Calves (heifers) March, 1943 ’ red wheat (other grades on their merits). | Good and Choice— ’ : No. 3 white oats, 79¢, and No. 3 red oats, | 500 pounds and down ....... [email protected] Hf: h bushel. and No. 3 white shelled corn. $1.3¢ | Medium— Few Higher 8c; No. 3 yellow shelled corn, $1.08 per | 500 pounds down ........... [email protected]
TOO MANY HOGS FT. WAYNE, Ind, April 19 (U.|
Medium and choice .......... P).—Ft. Wayne Union Stockyards medium and good............ [email protected] | turing industries, however, seasonal Co. officials said today that a glut- Common ..................5. [email protected] | gains were recorded for most of the
ted market had stopped the buying of hogs for the next two days.
N. Y. Stocks
1 1300- 1500 Good
{Good and choice
450- 5 pounds ,... . 12.40 12.50 |
Mediu 250- 450 pounds Slaughter Pigs Good—
Medium and pounds . CATTLE (1025)
90- 120
. 15.756 16.25
pounds .... 700- 900 900-1100 pounds .. 1100-1300 pounds .. 1300-1500 pounds .. Medium—
3 Bulls (all weights)
CALVES (600) Vealers (all weights)
Good—
500- 800 pounds . 800-1050 pounds Medium 300.1009 ) pounds cane
ssesses sevvesceeree
SHEEP AND LAMBS (125) Ewes (shern) ~ cerencune ol RY IN
Common and medium LA
LOCAL ISSUES
Nominal quotations furnished by Indian apolis securities dealers.
Agents Fin Cop com ... Agents Fin Corp pfd .
20" X aver Beit R Stk Yds com , 3615 5:
49¢c; “STATE LEASES OIL LAND
Hugh A. Barnhart, director of the! the or fh
+ [email protected] "1600616 50) said, constituted a threat to vital +. [email protected] pounds ..cavessscese 14. [email protected] |
vere [email protected] | wees [email protected]
eee [email protected] . [email protected]
75% 9.00
[email protected] ! payroll declines.
Ba Asked | down 19 per cent from February,
Indiana department of conservation, small announced a contract has. been) Yabes where Jpey usual signed with David Henry Smith of | peas (phlegm), t Worthington for the leasing of five, new areas in Posey and Gibson | # sXacely as counties to drill oil wells in the In-| antes unless y satisfied diana-owned side of the Wabash [Sum tne re” empty ha river bed, The areas are in the Grif-
I a war labor board directive establishing a 50-cent hourly wage minimum and. awarding an hourly ‘increase of three cents to the | firm's 4000 employees. The situation at Ken-Rad, the President
war production.
EMPLOYMENT
employment security division, said today.
studied dropped 1.3 per cent from February to 604,055 wage earners. Employment, however, still exceeded March, 1943, by 0.3 per cent,
Both durable and non-durable
; istered March and
In non-manufac-
employment
eight groups studied. March factory employment was -l estimated at 441,445 wage earners,
-ibut up 1.2 per cent from March,
iois| 1943. Total weekly payrolls for
er necessary to suffer from these terriEle tacks iitiout he benefit Jou n cailed ceive from a physician's presen, on ca Mendaco. wibhi hin a very sho Pos ter start cf ir
et thru the blood, thus reac as the largest Bronc wial usually adie ky 37 help liquestr “thereby Be oh reer we A Srulpist Ns the Tesults > r own as dirscied case. Under our, <M y
culatin
est as wel
loosen
reathing a. Mendaco jon
money back, '
goods manufacturing industries reg-| -
curity program, H. S. Hanna, vice
president, will preside.
he maintained his own practice as consulting engineer.
IN AD SUBSIDY
New Affiliate of National ‘Editorial Association to Get $1 Million.
‘By ROBERT TAYLOR Scripps-Howard Staff Writer WASHINGTON, April: 19.—The National Editorial assaiation; sole supporter of the 12; to 15 million dollar yearly subsidy for weekly newspapers, stands to profit’ more than a million dollars a year on the appropriation, under legislation now headed toward a house vote. Officials of the association ap‘peared before committees of the senate and house as weekly newspaper publishers interested in boosting the sale of war honds and proposing paid government advertising as the way to do it. Their association, however, is engaged in soliciting advertising for weekly papers and has formed an affiliated organization, Newspaper Advertising Service, Inc., to Apna advertising for the weeklies jon a commission basis. ” And under the pending house bill, sponsored by Rep. Clarence Cannon (D. Mo.), the National Editorial association will be the agency representing weekly newspapers which with Treasury | Secretary Henry Morgenthau in| preparation and distribution of the government advertising. The association's advertising service operates on a commission of 8% per cent—represented as adequate | {to pay costs and “provide a sub-
will “co-operate”
| stantial balance for the promotion | { and further sale of advertising space |
lin community newspapers.”
ing subsidiary.
BONANZA HIDDEN
By HENRY
soundness of the immense project that whether or not there proves to hemisphere “it is impossible to have too much dil available for the navy.” They agree that the Saudi Arabian. pool, 15,000 round-trip miles from the Umited States, cannot legitimately be called an American oil reserve unless it can be defended against-any eventuality, But these officers contend that to the extent that Arabian oil could fill the European market and thus reduce
can be defended, the Middle East project aids our national security. Therefore, they hope Standard Oil of California and the Texas Co, will develop their Arabain concessions in a big way and sell Arabian oil to Europe whether or not the American government builds and maintains a pipeline. Beyond that, naval leaders are reluctant to give any indorsement at all.
Hope for U. S. Support
Second, the twb concessionaire companies themselves, while not | saying so, must feel they are on the |spot. Recalling the debacle which overtook American oil companies in Mexico, where our government failed to support American nationals
post-war shipments from the west-. ern hemisphere, where oil deposits |
WEDNESDAY, APRIL 19, 044 Pipeline Proponents Give = -: Reason for Their Support
-
J. TAYLOR
Scripps-Howard Staff Writer WASHINGTON, April 19.—Interviews here with leading Dropuiieats of the government's Saudi Arabian oil venture reveal three main reasons for their support in the face of all objections. : First, high-placed naval officers, although not satisfied with the
or
as now presented, nevertheless feel be ample post-war oil in the western
The third source of support, of course, is the government sponsors themselves. Apparently they be-
lieve their project will improve America's official voice at the international oil conference they have
matter of Washington-London-Mos-
ment’s sponsorship of the distribution of the raw materials of the
world.
be receiving its stimulus from there. But as this program is action, opponents believe that the taxpayers’ viewpoint the trouble will only begin with the Saudi Arabian. affair. That is why the opposition to the project extends beyond the project itself and into a questioning of Washington's longterm economic intentions and foreign policies,
convened here, especially in the
2 © WEDNESt INDIANA © . 4. ALUMN
in retaining their properties, the two | oil companiés undoubtedly have now {recognized ~ Washington's Saudi | Arabian proposal as their own best
FARM EMPLOYMENT LOWER WASHINGTON, April 19 (U. P).
| safeguard against the lurking fear of being “abandoned” in Saudi { Arabia some time in the future.
| Such support as they give the
contain the hope that the American government, once it is a “partner,”
At that rate, the taxpayers of |will have to continue to aid them| DETROIT, April 19 (U, P).<An~ the U. S, would be paying from [in every legitimate way if any post- | !nouncement was made today of the $1,041,000 to $1,249,000 into the cof- ‘war oil trouble in the Middle East! appointment of James H. Marks {fers of the National Editorial as- | should arise between themselves executive vice president of the F “ | sociation’s newly-formed advertis- and King Ibn Saud, Great Britain ard Motor Car Co. Marks has been
lor Russia.
government's project now seems’ t6]:
| —The agriculture department re- | ported today that farm employment as of April 1 totaled 9,080,000. or about 228,000 less than a year before.
PACKARD PROMOTES MARKS
{an official for 28 years.
-
granted the odd sections on each side of the track to the railroads, with certain strings’ attached, end : these grants varied in depth up to several miles. The even sections retained by the government were Jor the most part sold to settlers at a substantial in:
crease in price.
The Land Grant policy was very helpful in getting the railroads started in those early days. BUT!
Isn't it out of date today?
Land Grants were made, Santa Fe's net realization from these lands has been about $23,000,000. In 1943 alone, the government received from Santa Fe; in the form of rate reductions, approximately $40,000,000! Many governmental agencies as well as private shipper groups are convinced that the time has arrived for the entire repeal of these burdensome
Land Grant requirements.
Net : High Low Last Change Bok 2 Fuk Yds pra o -----| manufacturing industries were es-Allis-Chial cen Ys 33% 3% + Y% Bobbs. Merrill 4%7% PIA ev... 40 LL... timated at $21,311,152, down 1.5 per n o...... 5 B84 V 8413 — 8 Circle Theater com 46 - , Am Loco .. ... 16% 168% 18's ..., |Comwith Loan 5% 5 |cent from February, but.14.0 per Am Radabs co 8% 9 ly + 1 Del 18 Hee com Cee . |“ h higher than a year ago. m Ro L120 12%; 123 1 00 rug Co com .. Lo. ! Am T&T ..... 157% 151% 1573 + 1. |Home T&T Ft Wayne 7° pfd 51% | In the eight groups of non-manu-Am Tob B Ww 60%, 60%; 60% — la Ind & Mich Eles (J pid .. 113 1613 facturing industries studied, employm ‘ater Vo. 63 6! 83 1 1 dn $50 el 57. pi 0 0. Anaconda c 25% 25'3 2514 +o Ind Hydro Elec 17 25 | ment rose 0.4 per cent to 162,610 rmour & Co . 5 47 47 — 1, |Ind Gen Serv ........ wage earners, while wee ayrol Atchison ...... 65 64 64 J"lIndpls P & L pid .... | estimates of $4.898.893 y 5 vrol Atl Refining 28%, 28! 28% — 13 1ihdpls P & L com .. 7 | pe ™ brine 6 per a oco ct... 183, 18'2 18% ... »dpls Railways com ... 2; cent higher than in February. ComBendix Ava ... 35! 342 343, — 1, | Indpis Water pfid .........0.. cond . °. : H ’ , Beth Steel... 571s 511s 71a — 14) Indpls Water Class A com ... 1713 19 | pared with March, 1943, non-manu- % To speed the settling of the West, our-nation wanted Bo. Ce... 30% 1 301, = 1, | Jefl Nat Life com ..... «.. 15 17 i * BorgWarner © 397 39% 33% = 4*| Lincoln Loan Co 3% pfd... 93 facturing employment es decreased railroads pushed across great unsettled areas to develop Celanese ...... 323% 325 32% .... | Lincoln Nat Life Ins com..... 35 3 |< per cent, accompanie: y a o o o * Ches & Ohio. | 4413 4% 44% 1p |B R Mallory 41% pd oo... 36 2% por cent increase in weekly payroll rich but distant regions and to bind the country toChrysler 811 07 — | allory com ............ 2015 oye . Corte 0 fhe Me SL = Ed serv wig pid. 11101 1040s) estmates. gether for military and other reasons. Douglas Airc .. 48'2 47% 47% — 1a|.N Ind J Serv 5% on 108 eee eee y road. Du Pont ......143 142 142 — 3, Nin Serv 1% ..: : ’ , 7 Ben Bitrie hts “uy Mhu, 31] Pub Serv of nd 57 ins GRAHAM-PAIGE TO PAY In the 1850’s and 1860’s, to encourage railroads to Gen Foods .... 417 5 1,| Pub Serv o ee “. ; 7 7 Gen Foods 01411 417 41 + su | Progyess Laundry com os | DETROIT, April 19 (U. P).—A push their tracks into the undeveloped territory, Congress Goodrich ...... 43 421% 1h ee 1 f 1 y & FE ro by / . JD Goodyear 1 40%, i Tal Stokely Bros pr PL eevieennnns 17141 quarterly dividend of 622 cents per Greyhound C 183% 193 193, 4 1? nite ° 05% aes coeds re Greyhound p © ae MW El: Union Tile eom 37"'| share on class “A” preferred stock Int Harvester . 691, 69 80s — 1, yan camp Mok vt. i | of Graham-Paige Motors Corp. was Johns-Men 88 87'%2 88 vee | amj kc . i lar y Kenecot uBR FEB. | BONDS | declared yesterday. . = Glass 48'¢ 45'% 46) . Algers Wing’ 7 15% ...100 . ! Lockheed Aire. 18% 152 15% 1 | American ra ha le 100 | U. S STATEMENT new .. 59 58% 50 + 2! American Loan 5s 46 L.. 99 101 *,e . Yeranal a . M 13% M h Cent Newspapers 41:8 ‘44-51... 99 . | WASHINGTON, April 19 (U. P.).—~Gov5 Mont hit A 3% Bu —- 1a Ch of Ce m Bl ldg Co 8 4! 2s 61... 82 oo | ernment ErpAnSes and receipts for the sufs - » » + a | Citizens Ind Tel 0 { rent fisca t ugh April 17, compare : 1 Nat Biscuit .. 20% 20% 207s th Consol Fin 85 50 ons 10 | with 3h Joul Saousk ApH 17, solnh . . In return for their Land Grants, the railroads were Nat Distillers. 31'2 31% 31's + 14 Ind Asso Tel Co 315s 70 . . This Yea Last Yea . o CY Central .. 17% 17's 17% + ts Indpis B & L 34s 70 100" | Expenses ....$73 567,836.099 $58,108, 603.918 required, for all time to come, to haul government Onio on iesvny 1a 17% 17% Ys { Indpls Railway Co 5s 67 .. 80 | yar, spending 84.353 301.913 ‘34 Lo 3 842 fr . h d il fa bel h ackar 3% 37 . © | Indpls Water Co 3';8 68 ..... 1072 109 eceipts ..... 33, 355,784, Fan Am Ar 293 20° 28's Li. | Kokomo Water Works 5s 58 ..105 « ..... | Net defi | 40:213085.648 43.140.610.214 passengers, freight, and mail at rates far below those ennev 281 98, 98! - 1g | Kubner Pack Co 458 54 ..... 97 1 Cash balance. 13,8 4 T.4 1 1 pmernED ERC Weebl ples beds fide sppiiseeie'so ordi ee. Phe Dodge. 21 20% 202 | M Ww s 5s ...105 cee ublic debt 4 | ‘ . . Pe oie 2 Dr Xu 2 | Muhcie W sere 3a ne oi i637] Gold reserve.. 31.479,313,398 22,501,608,567 | Since the Land Grants were made, railroads have Pullman .. 382 38% 30% — Y !N Ind Tel 4'28 55 ... ....... 88 91 | REE . . Pure Oil . '. 157% 15% 15% + 14] Pub Serv of ind 3%s T3....... 104 105% |" INDIANAPOLIS CLEARING HOUSE paid out in reduced rates on government traffic Republic St] .. 183% 16% 18% 1p Pub Tel 435 55 ...100 103 | Clearings $ 5,012,000 o » Ren Tob B30 i awa od Richmond Water wit SSIS | eben III 17,777,000 many times the amount they have received from Sehenley Dist. 48's 47% 47% 4 15 | Trac Term Corp 5s 57. ...... BT D0 | ievre————— : ' re # | these Land Grants. South Pace .... 28 27s MY, — eee ees : . Sid Brands 29% 20 rl LOC AL PRODUCE | ma Uucus In the case of the Santa Fe, here are the figures: 8 al .... 35% 35% 35% + la ’ . . Std Oil (Ind) L328, 32% 321% — In more than 80 years. which have elapsed since the BASH HL HY G3 C ifn wes ven 5 leon bm d (hile 7 2 xas CoO 4 46% 46Y 3 : 20th Cenmt-Fox. 23% 22% 2215 + 14 pBrollers, fryers ana roosters, under : oosene You Sleep . Us R rk... 43% © 43% 43% — 13| Old roosters, 6c. US Steel ...... a 50); — Ya| Eggs—Current receipts, 4 Ibs, and up, Say Thousands of Suffe rs Warner Bros .. 11% 11%. 113, .... wheezing, rec -- ae Nesting yn BB ui Guid Rn Grads A tatgu, 315, Sren oF or Birth ga Ast hms, Fila Jour < Woes 2 — medium, 26c; grade sma ic; no| and rob your of v im Ftan Zenith Rad 10 38% 35% 3% — 13 | grade, 23, . oxygen because you can't get air in an etme in du 1, 0c. Butterfat — No. 1, o your lungs properly. But now i" is no : 0. 3
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