Indianapolis Times, Indianapolis, Marion County, 26 May 1944 — Page 27

‘Promise to Supply Aircraft

torial assurances that this govern-

_ war aviation talks, it was disclosed

THE INDIANAPOLIS TIMES

—

~ Temporarily Draws Senate Fire.

+ WASHINGTON, May 28 (U. P.). _—Secretary of State Cordell Hull, “in response to a joint request from : the senate commerce committee and . its aviation subcommittee, has given

* ment made no commitments during _ the ‘recent ' Anglo-American post-

today. | ~ Senators Josiah w. Bailey (D. ‘N C.) and Bennett Champ Clark {D; Mo), chairmen respectively of the two committees, had requested the statement from Hull after read-

-/ing accounts of a speech by Lord Beaverbrook in the house of lords!

edly said Britain favored an Amerjean plan for four freedoms of the | air, including right to discharge and pick up passengers anywhere in the world.

Hull's letter reiterated that Assistant Secretary Adolf A. Berle's talks with Beaverbrook were purely “exploratory.”

Report Unsubstaniiated

be accepted and the latter will ad-|

mit System Planned fo

A permit system to regulate hog| Pn « nal ts to the local stockyards|} “re 1605 will go into effect Monday when |Good— wn i the present embargo is lifted. 00-1100 PS tre 18.33 ia 3s | A central agency will estimate 1100-1300 POUDAS assesses. 15.50Q1650 |

and allocate among commission | sedi -

firms the number of hogs which can .+ [email protected]

res. [email protected]

vise their customers as to shipping . [email protected] times and numbers to be shipped. It was emphasized that no hogs would be accepted without permits. Today's supply of livestock in-

[email protected] ves [email protected]

600- pounds ..... Fesidis [email protected] 800-1000 Pounds .....

| Retail Business Volume Up 9 to 12% Over Year Ago, Authority Reports.

NEW YORK, May 26 (U. P)~— Retail trade activity for the past week maintained a favorable comparison with last year despite bad weather conditions, with apparel sales accounting for a sizable part of the total volume, Dun & Bradstreet, Inc., reported today. Women’s and children’s wear sales soared and some activity was noted in the sales of men's wear. Women's cotton dresses, short wool coats, costumes jewelry, gloves, scarfs and plastic handbags sold well and the demand for non-rationed foot- |

RIDGEFIELD, Conn, May 28 (U. P).—American stockholders, the | “trully forgotten” men and women of the past 1] years, should organize 1 protect the best interests of the country and plan te Sint he Batts | for Washington,” in the opinion of B. A. Jarvis, vice president and general counsel of the Investors Fairplay league. Speaking last night before the joint service clubs here, the attorney

pointed out that labor is organized; | " LOCAL ISSUES

management is organized: the | farmer is organized, but the in-|

vestor, “the personification of all SATre! quotations furnished by Indian that is good in America,” 3 vith- Bid Asked out organization. po Ju Sop co aed we x” roman It is only through the organiza Belt R Stk vds com a rarraares 3% “wy tion and pressure of investors, Ja- | Povbe-Merrin com... LL.

| Bobbs-Merril 4%5% oid Can 50 vits said, that the problem of full} | Circle takes

Theater com with Loan 5% pd. employment will be solved; and tt| Duta Elec com is the investors of this couniry who | Home ot rn Pt. Ind & Mich hg — at one and the same time are per-|Ind Asso Tel 5% pla"

Ind Hydro Elec 1% fd sonally interested re »

in seeing that nq Gen Serv d: there is prosperity not alone in ind Pp aL cond jevery part of the country but in:

‘Ind P & L com i Indpls Railways com |every corner of the earth.

Indpls Water pfd oe | *Indpls Waler Class A com. «er i Jet Nat Life com .. 15 17 Lincoln Loa Co 812% pfd... 93 7

cemansan

Of Stock ph Sought

Photostatic copies of the transscript of Beaverbrook's address, now | in the hands of ‘aviation commit-! teemen, likewise fail to substantiate

a relatively steady opening prices |

declined sharply, rall sli il - {Am C cee. 89 88% 89 + | the Londan reports, which were car~{y ooo oo Py a alieg Handy for large-scale sale and produc- [47 {a0 -.---§2 H% & +1 ried associa h OVErY. | tion of pre-fabricated houses. Am Rad&s8 |. sn en en I a press tion ot. er 1 1 i 5 i 5 At 11 a. m. rye was off 1% to 1% Am _ Roll Mill. 13% 13%; 13% + ts ‘thap thé United Press. This was cents a bushel: wheat off % to 1! “Our research has gone far |Am T&T .... 160's 159'¢ 160% + ts . confirmed by Clark and Senator ’ ‘ * h th will Am Tob B . 64% 643 64% + Owen Brewster (R. Me.) cents; oats off % to % cent, and/ enough to prove there be & Am Water W.. 634 81s 6% + i Both Ywever barley off i; cent. tremendous post-war fleld fOr [armour & Co . 5%: 5% 3% eee senators, however, were very x 3 A quieter tone prevailed in the ” _ |Atchison 667s 682 667, . critical of an American agreement it today witlf the trade af mass-production and mass Mar- [pos Toco ct. 200s 20° 20% + Ya “mentioned in Beaverbrook's speech |¢° p a oy ring Sage atnyd keting of pre-fabricated homes,” Bendiz Av ... 37h 37% 3 + J “ee i's is ‘as eins “to supply aircraft to Britain in the > Drees sul break and hadnt sl © sad, Borden 31% Jit: 3% — 300arim: period after the War Whehiuake commitments’ with faterest ro) wo od, hat his men aimed al (Borg-Wamer .. 314 B00 is + 4 . British production will not yet have! producing plans for pre-fab icp. "sx onic | 45's 45 45% - te been resumed. low ebb. houses which would accommodate |Chrysier ..... 861s & 8% + % | —————————————— i urtiss-wr .. .. . 5 5 “es They contended the U. 8. appar- the American taste for individu- [5g cial air 8 48s 48% + (ently had foregone one of Aint U. S. ‘STATEMENT ality as well as cater to the needs Du Pont 146s 146s 146% a { | en Electric 1 3 + ‘potent bargaining weapons without | run Mar 2B 3. P.-Gov. of mass production. Gen Foods .... 42% 42a 422 + ba © ————————————————————————— ¢ 2 Any assurance of the accessibility to “current fiscal year through May 34 com- Gen Motors Oe Sol ihe Th | American aircraft after the war of | Pared with a This ear Last Year SOUTHERN POTATO { Goodyear - 481s 457% 48l4 + a bases Sansuucied under lend-lease. Expenses 3,388,368,790 $68.192,333,126 Fiyiound co S10 Tia 3% Ia EA War ge "Tre oe ue fa CROP IS SMALLER it Barcesier . 4 MC HM + | Ket Defies 45,986.676.111 50,701 615.236 . : 2 v LT ‘LOCAL PRODUCE | Cas Baiance ‘9.412.278 567 13.088 11 ss WASHINGTON, May 26 (U. P). [Kroger G & But wa Ma Su Working Bal. 8649452029 1232546 y FOP Sun HN. 0B “Ul MeA¥y breed hens, 3c. Leghorn hens, pubic Devt. 187 004103 111 135 308 sar 413| —Potato shipments from many |jockiieed Airer 15% 3% lh + Broflers, fryers and roosters under §| 00 never: HINTIRNE NAMINAT outheastern states may drop to | Mamshall Pid. 14h 14% lla be Libs, 26c. Leghorn sprin gers, 23a | Mont Ward eo 47 44%, My — Od Toosters, 18¢ | INDIANAPOLIS CLEARING HOUSE one-half or one-third of normal as Nate 13% 12% 135 ok ulter- 1, § riat-—-N 3 . 21 20° 2078 oe an ge Butieiut--No. 1 ;Olearingy : a en a result of the unusually poor early | Na: Disillers . 38a 36 © 361% - - - =| crop this season, A. E. Mercker, head | XY ¥ Cetueal .. 17%. 11% I... of the war food administration po- |pacgast .. .. au air 4. 1} tons. ; tato section, said today. {Fa Am Al “Dh a7 1's % GIRL WANTED | Fifi cont fod ous shortage is expected since the | Phelps: Doug . Fg A * 3th + Ya We have an opening in our advertising service depart- early crop usually accounts for only |puiman ©..... 441 43 aia © bs ment for a girl between 17 and 20 years old to act as 20 per cent of the total supply and [Pure ORI ...... 105 le: lene Ly messenger snd copy girl. Job entails delivery of a large reserve still remains from |jeb, Hee BC see de. ses * advertising proofs to stores and general service last season. [Schepley Dist: 51% 30%, 50%, [lll to advertisers. Only a girl unafraid to be outside most |Sotony-Yac o. ite 12% 3 oie] of the day need apply. Liberal starting wage; 5-day, POTTER GETS POST | South Pac ... 3 39% 2H — 40-hour week. Working hours between 7:30 a. m. Sid 0 Cai... 31. em 3° and 430 p. m. Saturdays and Stindays off Tom B. Potter, Terre Haute, new- 88 8 (ll, - 35. 350 3s, he ¥ ya oil. ly named state chairman of the Bi 2 (NJ). 56:4 56 Gla See Mr. Young, Advertising Department, Young Republican organization injIexss Co _... 47h {Th 41h | Indiana, has been appointed chair-{U S Rubber .. 473% 47 47 The Indian 47% 1h 21s Ww. Japolis, Times man of the post-war planning eoM=| warner Bros | 12.5 12 1

industries have developed plans Hib

Last Change Allis-Chal 35 Ye

, Publicans,

Young S&W .. 17% 167 1,

. . 127% . mission of the National Young Re-{Westing El .. 100 99': 100 + 1: s [Zenith Red .. 37% 237i

— hs

wear was fairly brisk. | “We know that it takes from’ For the country as a whole, re- $5000 to $20,000 to put one man to tail trade volume for the past week | |work,” he continued. “We know gained 9 to 12 per cent over a year {that we must keep the channels of earlier. Regional percentage in-|private investment open and encreases were: New England, 8 to 10; { couraged to be open so that the East, 10 to 12; Middle West, 6 to [machine civilization of which we are 10; Northwest, 5 to 8; South, 12 to| justly proud will remain in our own | 16; Southwest, 14 to 17, Pacific | hands as citizens and not be taken | coast, 12 to 14. !over by a centralized federal gov-

vesesses [email protected] cluded 7000 hogs held over from !uegiam. . previous days, which sold at un-| 500- 900 pounds ............. 13.00014.50 changed prices. 500- 900 pounds ...e.-s-..... [email protected] Balls (a8 ts) GOOD TO CHOICE HOGS (7000) Beef— yo 120- 140 pounds . «se 10. 3ol1 Good (all weights) ......... 12.000913.00 140- 160 pounds 11.25 85 | Sausage— 160- 180 POUNAS ..ovevvsen.ss [email protected]] GOOG «.vvueceressanensssens [email protected] 180- 300 pounds 1 3 ra, - [email protected] 200- 220 POUNDS ..cocvsey.oee 13.80 Mesium and common [email protected] 220- 240 pounds .....eccee.q. 13.80 Cows (all weights 240- 270 pounds .. 1 ’ 12.00013.50 270- 300 pounds: [email protected] 300- 330 pounds iv 8 Roun - 360 . Canner ..... ; 330 pounds [email protected] al Chi vis = - Vealers (all weights) = w = BNI Good to choice coer. . [email protected] Good to Common to medium. . - [email protected] 270- 300 [email protected] | Culls oF Blache io and 30210.00 300- 330 [email protected]| Feeder = Stocker Cattle 330- 360 . [email protected]}. Steers 80. 409 pounds « 10°0910.3 300- 800 pounds ............. 113081400 SOURCE: U. S$. DEPARTMENT OF AGRICULTURE ©) 400- 450 pounds ............. 10.65010.75| 800 pounds ...eseseeeess 32. SRAPHIC BY PIES, 0. V. 450- 500 pounds ..... seeesens [email protected] | G00 T00 unas . [email protected] 350- 450 pounds ............. [email protected]{ 200-1980 pounds ... + [email protected] . B il d Sisughter Pigs 500-1000 pounds ... . 10.00911.00 ‘GRAIN PRICES TURN | Kaiser fo Bui etm ung Good | ens ro, Calves (steers) i P F b H CATTLE (625) Good and Chow t - Choice— Stee 500 pounds down LOWER AT CHICAGO re a ouses 700- 800 pounds . [email protected] | Medium— { 00: pind ows heifers) | alves (heifers, CHICAGO; May 2% (U. PJ. —| SAN FRANCISCO, May. 2% (U. Good and Choica— P.)—Henry J. Kaiser has an- N. Y Stocks 500 pounds down ............ [email protected] | {Grain futures lost further ground! u lis . . Mem = 10.509 12.06 Boar: toda nounced that executives o poun 3 00 | oR the 4 of Trage {odey.. After; ow Net SHEEP AND LAMBS (125)

Ewes (shorm)

74 {Good to choice 550@ 6.50 Common to medium 4.50@ 5.50 | LAMBS is | Good to choice... ........... 14. 20a14.501 Good to mediums............. [email protected] + | Medium aa 3.00G10.73

\T OFFICER ADMITS CHARGE

Ordered Letter With Business Tips Burned; Tru-

man Seeks Trial.

WASHINGTON, May 26 (U. P).

| {—Chairman Harry S. Truman (D | ber.

+ Mo.), of the senate war investigat- | sing committee told Navy Cmdr. {John D. Corrigan today that he

a should be “immediately court-mar-

tialed” for violation of navy regula-

i Truman injected the observation |

after Corrigan—who has been sus(pended by the navyv—admitted that

‘he sent to the Chicago office of an ||!

industrial consulting firm, of which he is half owner, restricted navy information with instructions that It * ibe “destroyed by fire.” ol “It is the most flagrant violation |

talof navy regulations that has come |||!

{to my attention,” Truman said. “I * | think Cmdr. Corrigan should be im- | mediately court-martialed.”

Denied Charge “| Corrigan denied from the witness

| stand yesterday that he had used |i

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artistically d esigned. All silk Redes

this navy connection—a capacity in {which he inspected war production | plants—to obtain clients for his {firm, Corrigan, Osburne & Wells, { Inc. But a jcountant had testified that the {firm's profits jumped from a minus {figure to a $22,000 net during the | first vear Corrigan was in the navy.

| veyed “restricted” navy information to the firm's Chicago office was read into

! be “destroved by fire’

{ ordnance had given money

{ Chicago office to { your country a favor by selling some

{ that vou gave Danly { client.) ” Six Hired Firm

Committee Counsel Hugh Fulton

brought out in cross-examination i that the list showed the firms which | Corrigan would inspect for the | navy. ! The letter to the Chicago office {was read after Corrigan testified

i he “couldn't recall” ever mailing rei strieted navy information, ordering such material destroyed by fire or “David Amour” to whom the letter { was addressed at the Chicago office of the consulting firm. { It was brought out in yesterday’s | testimony that at least six navy i 'contractors Corrigan inspected for { the navy subsequently retained the

{ Inc., to correct production defici~ | encies Corrigan vesterdayv ‘after joining the navy in April, 1942 { he severed 4all connection with the | company except for drawing his {$12,000 a vear salary. He denied

| war contractors whose production | deficiencies he investigated for the { navy. . Report “Superficial”

His testimony was interrupted late in the afternoon however, while ’ the commitiee heard from J. H. McNabb, president of Bell & Howell

- [email protected] ment store sales for the week [email protected]! €d May 20 rose 15 per cent over a

certified public ac-|

{| A letter mn which Corrigan cone |

the committee's record today. ||!li I It instructed that the information |

It contained a list of manufac- | | turers to whom the navy bureau of ||| for | plant facilities and instructed the ! “do yourself and ||

of these people on here a job and | i then proceed to get them the results |!| (another firm |

firm of Corrigan. Osburne & Wells, ih

- 1 testified that

[that he solicited business among

| Co., of Chicago, that the consulting | firm was retained after Corrigan turned in a critical report on bomb-

(In Washington the federal re- | erument.” serve board reported that depart-| Urging investors to be more statesmanlike and more constructive in their attitude to labor, Javits said | they should take the initiative in providing full employment, and they should see that “everything (done for the working man is done | Memorial day week-end, sports with business and industry and not {goods and vacation equipment sold | through bureaucratic government.” {at a fair pace, but scattered bad There are too many laws on the weather caused a let-up in the | statute books which have made our sales of gardeners’ tools and paint. |governmen{ lopsided, the attorney | Furniture was in fair demand and | charged, and found that much of! material for chiliren’s apparel, such | the benefits now enjoyed by labor as shirts, pajamas and play clothes and the farmer were brought about | showed a sharp rise. Groceries and {in “an un-American and prejudicial | | produce were selling at a steady | manner.” | Fate. One item on which the Investors Wholesale volume remainéd| Fairplay league is working is, for | | steady this week. Additional fall legislation to stop double taxation,! | marts opened with suits and coat |Javits said. “Where, for instance,” ! orders remaining foremost. How- he added, “a ever, fur-trimmed garments begay his dividends from the corporation | to receive greater attention. that has already paid up to 90 per | Deliveries on summer goods con- cent in taxes, these dividends should | tinued strong in the wholesale mar- be free of ordinary taxes. This | ket during the past week and on would provide millions of dollars | fall lines are scheduled on the av-! which labor itself will need in order {erage from August through Octo-

| year ago, and for the four-week period ended May 20 sales were up 18 per cent.) In anticipation of the coming

to provide the many jobs that must be made after this war.”

stockholder receives

Lincoln Wat Life Ins com I 42

P R Mallory 42% pfd ....... 283% 28% *P R Mallory com vives 33%. 28 N Ind Pub Serv 5'27C ....... 10235 105 y Ind Pub Serv 6 ptd kde w 108% 107% N Ind Pub Serv 77% ......es.. 113% 115 *Pub Serv of Ind 5% ........ 1031, 106% *Pub Serv of Ind com . 16% 18 Progress Landry com. . 14 14 So Ind G E 48% 103 108 | Stokely De pr pf.. . 18% 17% United Tel Co 5% ... . 97 . Union Tile com .....eec.venee 23 n Van Camp Mil» ot rheberaiin 3 cers , Van Camp Milk com ........ 19 ..... BONDS Algers Wins'w W RR Ye. ... 100 >e American Leah 6s 51 os. 97 109 American Loan 5s 46 — 93 mm {Ch of Com Bldg pi dias f.. 83 34 itizens Ind Tei 4'ss 61 ..103 108 Consol Pin 5s 50 teu... 08 100 Ina A so Tei Co 328 70 ..... 108 . Indpis P & 7 3s 70 -+- 1083 N34 Indpls Railway Co 5s 8? . a 80 Indpls Water Cn 315s 88 .. 1075 109

Kokomo Waster Works 5s 58 ..105 . Kubner Packing Co 4s 54 .. 97 100

Wnriis 5 & 10 Stores Ss a0 ...10] - suncie Wa cr Works 5s -. 105 N Ind Pub Serv 3 73 . 101% 108% N Ind Tel 4%8 55 = ...... as 81 Pub Serv of Ind 3's 73 .....104 105% b Tel 4i.s 55 ...100 103 | Richmond Water Wks 8s 37 . 105 . Trac Term Corp §s 57 .. 88 o1 U 8 Machine Corp 5s 53 ...... 2% 103

Ura ‘idend

WAGON WHEAT Up to the close of the Chicago marked today, IogialupoMs flour ps and grain | elevators paid $1.63 per bushel for No, 1 red wheat (other grades on their merits). | No. 3 white oats, 9c, and No. 3 red oats, 79¢, No. 3 yellow shelled corn, $1.06 per | bushel and No. 3 white shelled corn, $1.34

OPPOSES INSURANCE BILL WASHINGTON, May 26 (U. P.)., —The American Federation of Labor today opposed enactment of & bill to exempt insurance companies from federal anti-trust laws because it also would remove such firms from coverage of the national {labor relations and wage-hour laws,

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sight production at the Chicago | plant. McNabb said he had heard of the | Corrigan, Osburne X Wells service | and during a conference with Cor‘rigan asked the navy commander if the firm had any engineers capable of ironing out difficulties with

production control. He said Corri« gan put him in touch with L. Leo Evans, Chicago manager for the consulting firm.

McNabb said he paid nearly $28,000 for engineering advice. Crossexamination brought eut that prior ‘to retaining Corrigan's firm he had termed Corrigairs critical report as!

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