Indianapolis Times, Indianapolis, Marion County, 20 June 1944 — Page 8
No One Solution Is Found.
WASHINGTON, June 20 (U.P). «=A house merchant marine subcommittee warned today that plate fractures on welded Liberty ships are still occurring and declared that -a solution must be found “to insure the safety of our merchant vessels and our merchant mariners.” After more than a year of inthe subcommittee renl major fractures had been found in 4 per cent of all Liberty type vessels and said that ° “almost one out of every 10” had ex-| perienced either serious or poten-| aircraft could not operate. Here a
mm or on pont PORKERS RECEIVED HERE
of the vessels were lost and that casualties were limited to 11 persons; still unaccounted for after taking: to.a lifeboat from one of the defec- | tive ships,
Blame Built-In Stress
The report acknowledged that “no definitive solution” to the problem had been found, but called for greater efforts toward improvement | of welding practices and the quality of steel plate, and modifications in ship design to “limit their susceptibility to fracture and to limit! the extent of their failures should ractures occur.” The subcommittee said that the most important cause of the fractures was believed to be the existence of built-in material stresses and indicated that measures were being taken to reduce them to “safe limits.” This was believed to have| been the cause for the failure of the tanker Schenectady, which broke
2600 Hogs Are Held Over At Local Stockyards; Prices Steady.
Hog prices were generally steady at the Indianapolis stockyards today, the war food administration | reported. The top was $13.80 on 180 to 270pounders. Receipts included 1975] cattle, 950 calves, 5850 hogs and 300 sheep. There were 2600 hogs held | over.
GOOD TO CHOICE HOGS (5850)
in two a few months after lis 120- 140 pounds Takk ib pae lo 0110 launching at the Kaiser Co. yards] 140- 160 pounds ......c.ee.e. 11 at Swan Island, Portland, Ore. inn. 200 boas ds ... oe ie 13.80 00- un le Grab Disputed 220-240 9 Sounds : 13.80 240-270 Pn 13.80 The report noted that Prof. 8. H. ne. Ls nds ev 1.00 Gral hat investigated the Sched-| mx. 3; pounds ..ensisiiaiss 1LS0@ILS ectady case for e American | Medium— Bureau of Shipping and had found| 16> 230 pounds ............. [email protected] that steel plates were substandard rion tol Teckine Sows ce in quality. This opinion, the sub- 307 55 pounds Tuerersra rte 0.50810.68 committee said, was seriously ques-| 10 3% De Sl. N 103001083 60 |
tioned by other witnesses on 3g. 400 pounds grounds that Graf's tests “did not Good- 4 necessarily show that the steel was a 500 pounds substandard.” i rg a Conceding that the stepped-up un oe shipbuilding program had resulted | Medi in some reduction in the margin of | 90- 120 mas nds steel quality, the subcommittee’said
that “there has been no showing of | oy 0,
cerrrvireeres [email protected] | [email protected] |
[email protected]% CATTLE (1973)
Steers oduction of de-| 700- 900 pounds ............. 16.506 17.00 | any large-scale produ 907-1100 pounds ............. 16.50@ 17.25 fective ste steel, [1100-1300 pounds ............. [email protected] | ise. 1500 pounds ....... PI [email protected] | Good— 700- 900 pounds ...... yesosoe 18 318. 25 | 900-1100 pounds . 50@1 8.20 | 2o-1100 pounds .. 75@ 16. 1300-1600 pounds .. 3 75@186. 7 Fae. 700-1100 pounds ......ce00vne. 13.25@ 15.50 1100-1300 pounds ............. [email protected] Common WASHINGTON, June 20 (U. P.).| 700-1100 pounds ............. 10.50G13.35 | —A small cutback in production of | i Heifers oice— 50-calibgr machine guns of the, 800- 800 pounds Cietirenrnres 18. [email protected] » 1100 pounds ......ovvuu.. 6.00@1 type used on combat planes has Good— © 600- 800 pounds ....... eeteas [email protected]% been ordered by the army effective 800-1000 pounds ...... ea [email protected] | Medium — July 1, it was learned today. 500- 900 POUNAS ...evvsessns. 12.50214.75 | The cutback was reported to be common-— . about 10 per cent reduction result- 800- 900 pounds ............. 10.00@ 12.50 ing from the recently announced! “ Cows (all weights) . : i11 Good .. vies [email protected] reduction in plane output. It will GeoC = LU 1000001178 | affect only airborne machine bun Cutter and common .......... 1561000 manufacturers and not makers of CAnner ........................ 5.15@ 1.7 other types of machine guns. Bulls (all | weighta) Seven plants will be affected by "Good (an weights) ........ 12.00013.50 the cutback. Major cuts will affect Sausage. ISON: | Good LL... two of the companies and, the cut-| Medium . ll TIlITU 9.50@ 10. backs in the other companies will] Cutter and common ........ 7.00@ 9.50
be so negligible that no labor dis-| placement is expected,
CALVES (950) Vealers (all weights)
Good to choice Ces [email protected] | The major cutback will be at the Common to Medium vei us 9.00@ 15.00 | Colt Patent Firearms Co., Hartford, culls he 7.00@ 8.50
Conn., where there will be about Feeder and Stocker Cattle and Calves | a 40 per cent cut in production af-! Steers { fecting between 2000 and 4000 C50. 800 pounds ........... [email protected] workers. A cutback affecting some 00. 1 1050 pounds ........c000. 13.00014.25 1000 workers has been ordered at| 500- 800 pounds ............. [email protected] |
[email protected] | . 10.2911. 75 | [email protected] |
the Kelsey-Hayes Wheel Co., Plym-| 8 ae. 19% pounds ...
outh, Mich. H300- 1000 pounds ,.......eee . | “500-900 500- 900 pounds Calves [CT Good and Choice—
Lis Lounds down
The Chrysler-operated Evansville ordnance plant announced today!
SHEEP AND LAMBS (300) Ewes (shorm) J
repacking project when the plant temporarily ceased production of 45] and 30-caliber carbine ammunition. Jacobson reported that the new | type container weighed approxi-| mately 50 pounds. or about half the! ajis.chi ov pf he 2]
N. Y. Stocks
Last Change | 111
weight of the old-style box, Cans jam Can 2. 8 +! co — contain 800 rounds of 30-caliber Am Rad & 8 8 11% 1% 11% nl ammunition or 600 rounds of 45- Am Rol Mill .. 15% 13% 15% — % salibe & T . 160 159% 159% -- ‘4 I. Am Tob B 7 703 0% — DI —— { Am Water W 8'3 8a Bla a Anaconda . 267g 28': 26% — V4 CITY FOOD COSTS Armour & Co.. 6 534 57g — la Atchison .. 68 68, 681 — I, Atl Refining . 30% 3014 30% — 3 RISE 34.6 PER CENT Baud Loco ct © 20: 20 20° — ba Ben Ind Loan 19's 19% 19% + Beth Steel 7 pf 121 121 121 .... CLEVELAND, June 20 (U. P.).|Borden Te 33v 33 33 — % —William L. Phillips. Cleveland re- Borg-Warner . 39% 38% 39 {Caterpillar T 507s 50's 50% 4 8% 2ional price economist for the U. 8 hes & Ohio . 46% 46% 46', ... bureau of labor statistics, reported |Childs 2% ’ 2% — | Curtiss-Wr 53%. ...
today that food costs for Indianap- | Douglas Aire olis wage earners and lower-salarieq Du Pont . workers edged up one-tenth of one | Sen, Electric . 38
-— A
— 13
Goodrich By per cent during the month ending Grodyear 49 — May 16. Greyhound Cp Mk + n Phillips sald that the food bill |Jjohos- Man... 9% = for the typical Indianapolis family gener! py Bi, + was 5.7 per cent lower than a year |L-O-F Glass . 52% 522 — ago, however. Compared with Jan. Lockheed Alrer. 16% or nll os 1941, base date of the Little | Mar” in Glenn a J . 43 Steel formula, this city’s food costs | Nai Disiiers | a 2 were up 34.6 per cent, he said, Oliver Farm 55% 4 Packa 33% — a Penn Cent Air 1512 15% ~— 1% Phelps Dodge . 233 22% — VY, u S. STATEMENT [Foc % : sex + ‘5 lima 4613 — 13 A as — Ya 18 .... dann - 5 va
Lliatl +0:
Reports from the China-Burma-of wounded by helicopter out of jungle-bound areas where conventional
| before the
REPACK AMMUNITION A
Hy al down ............ [email protected] | Caives (heifers) Good and Choice— 500 pounds down ............ [email protected] | Med fum— EVANSVILLE, June 20 (U. P.).— 500 pounds down ........ [email protected] |
Souq to cholce .s........... 5.50@ 6.50 that its ammunition now is- being J mmon to medium... «00@ 5.50 | repacked in metal containers which LAMES ’ | were lighter in weight and hermeti- Good to vat 2.001850 x 300 o choice Ceres snnrres 1 13.5 cally sealed against weather and goog |g Choice -----o---- 13231330 damage. Medium ................. 8.50Q 9.75 C. L. Jacobson, plant director, SPRING LAMBS said that approximately 2000 work- Good to choice ............... [email protected] ers began devoting full time to the Medium to good ............. 1 nan. B
India front tell of the evacuation
casualty is put on a stretcher.
Judgment of $14,000 Sought
The Smaller War Plants Corp.
| today sought a $14,413 judgment | in federal court against the C. D.
S. Pageant Equipment Co. Anderson, in connection with a promissory note. The suit asked appointment of a receiver for the Anderson firm
and named as co-defendants the Mid-States Steel & Wire Co, Crawfordsville, which held a mortgage against the Anderson company, and the U. S. government, which held a tax lien.
PENNSY DENIES FAULTY SIGNALS
Claims Radio Use Would Not Have Prevented
Recent Wrecks.
WASHINGTON, June 20 (U. P.). —Answering testimony of witnesses Kilgore subcommittee, W. R. Triem, superintendent of telegraph for the Pennsylvania railroad, informed the senate group
{that utilization of radio communi{cation would have been of no avail {in preventing two of the more
serious rail wrecks of the last year. Testimony of Assistant Attorney |General Wendell Berge and William S. Halstead, a manufacturer of radio equipment, was “a destructive {and demoralizing assault on the railroads,” "Triem declared yester|d
This assault on the roads, he asserted “started with the Pecora investigation in 1933 and his since been intermittently taken up from time to time to serve ends which have not necessarily been identified with the public welfare.” “In brief, the railroads are | charged with negligence for not using a method of communication which has not yet been developed to |the point of practical usability, and 5 the helpfulness of which in the two selected cases would almost certainly have been nil. ., .” The two instances were the wreck of the Pennsylvania's Congressional Limited at Philadelphia and a train of the Atlantic Coast Line in North Carolina. He said the fact that radio communications would not have prevented the accidents was clearly brought out in the ICC investigations. He also said that experimentation with radio was only one instance {of the overall work being done by the railroads to better their service. Halstead testified before the committee that radio “could possibly prevented the accidents.” Later he was quoted as stating
system would have prevented the | wrecks.
LOCAL ISSUES
Nominal quotations furnished by indian. apolis securities dealers.
Agents Pin Corp com .... | Agents Fin Corp pfd ... | Belt R Stk Yds com ..
Belt R Stk Yds pfd .... Bobbs-Merrill com veesece B Bobbs-Merrill 412% ped. 60 Circle Theater com 45 48 Comwlith Loan 5% pd 107
Delta Elec com Hook Drug Co com 6 18 | Home T&T Ft Wayne 19% oid’ .. Ind & Mich Elec 7% pid... Ind Asso Tel 5% pid Ind Hydro Elec 7% pid. Ind Gen Serv .. ..... . 1 *Indpls P & L ‘ptd rerutever ae 1 ‘Ind P& Lcom . ........... | Indpls Rollways Som 2 | Indpls Water pfd Indpls Water Class A com. | Jeff Nat Lite com 15 17
Lincoln Loan Co §%% prd + 34% 95 | Lincoln Nat Life Ins com. 39 43 *P R Mallory 4%2% ........... 8 P R Mallory com N Ind Pub Serv 5%% 3
N Ind Pub Serv 67% N Ind Pub Serv % ‘oie Pub Serv of Ind 5% | Pub Serv of Ind com.. | Progress Laundry com va |80 Ind G & E 48% .........103 Stokely Bros pr pf........o0es
flatly that a radio communications
Bid Asked TH.
40%
The stretcher Is then placed in a “capsule. is equipped with a throat microphone and. sarshones through Which developed by the
he talks to the pilot.
L. B. MAYER AGREES T0 LOWER SALARY
PHILADELPHIA, June 20 (U. P.). —L. B. Mayer, managing director of production for Loew's, Inc., and long the highest paid executive in this country, has agreed to cut his annual remuneration by more than $500,000, a proxy statement filed by the company with the securities and exchange commission disclosed today. Mayer, one of the Loew's executives with profit-sharing contracts who have agreed to limit their annual remuneration while a proposed retirement plan is in effect, will receive $500,000 a year, a drop of $560,000 from the fiscal year ended Aug. 31 last. Stockholders of the company will | {meet July 18 to vote on an em-| 'ployees’ retirement plan, under {which Wallace Beery, Clark Gable, [Wiliam Powell,’ Spencer Tracy, Jack {Conway and Robert Z. Leonard ‘would be entitled to annual retirement incomes totaling $49,700 each. All employees of the company and its domestic subsidiaries, including officers and directors, are eligible to participate in the plan and retirement pay is to be a percentage of the employee’s average yearly earnings with $49,700 the maximum retirement compensation,
INSURANCE AGENTS MEET The Indianapolis agency of the Equitable Life Insurance Co. of Iowa will hold a conference and dinner meeting at the Board of Trade
These phoios taken used. As AY maa
Treasury O. K.'s Blanket Tax Returns by Unions
By FRED W. PERKINS Scripps-Howard Staff Writer WASHINGTON, June 20.—Another victory for organized labor was. chalked up today when the treasury department, through the bureau of internal revenue, ruled that local unions need not make individual “information returns” of their incomes, but may lump them in a compila-
The result is that no congressional scrutinizer will be able to determine how much income (two examples in Washington) the bricklayers union gets from the Bowen building, nor how much the income of the machinists union is from the Longfellow building. Both are properties valued for District of Columbia taxation at more than a million dollars each, and both are in competition as office space with {commercially-owned buildings which are subject to federal as well as local taxation. The Bowen building is occupied by a variety of private tenants; the Longfellow building is rented out to the government,
Called a Wedge
The union-owned buildings are subject to local taxes, but not to federal taxes, because labor unions for years have been included in a list of non-profit institutions to which immunity was granted by Uncle Sam in his search-—now acute —for sources of federal revenue, Last January congress adopted a new provision in the tax laws, to
and Columbia club tomorrow.
the effect that non-profit organizations (including many others in
tion to be filed by the parent organization.
to|addition to labor unions) must file annual statements of their receipts and expenditures. The returns were to be closed to the public, and open only to treasury officials and the congressional tax committees (ways and means in the house, finance in the senate). They were to be used for an official study of the size of the incomes of non-profit organizations, so it could be determined whether federal taxation should be extended to them, Policy Changed This provision wa$ resisted by both the A. F. of L. and the C.1.0,, partly on the ground that’ it would serve as an entering wedge for further legislation directed at registration, incorporation and complete public financial accounting by labor unions. In May the A. F. of L. executive council was informed by Joseph Padway, its counsel, that treasury regulations had been decided on to require returns from every local union, and he gave instructions on handling the detail. Today's announcement by internal revenue showed a change in
Now is the Time
Official sources admitted that it will be impossible to compute from such a statement the income of any local unit. Rep. Woodruff (R. Mich.), ways and means committee member, said he was “amazed that the treasury department would be so raw in evading the plain intent of congress, Both the house and senate showed a desire to learn the truth about the incomes of local organizations, not merely of the parent organizations.” The law says that information returns on incomes shall be filed by “every organization ., . . exempt from taxation under section 101.” The internal revenue bureau apparently has placed a general meaning on the term, although affiliates of the major labor organizations— C. I O. and A. F. of L.—insist on autonomy or self-government for the constituent units. Without more definite action by congress, the financial. affairs of any local labor union will continue to be protected from any kind of federal examination.
NLRB ORDERS GATKE VOTE WASHINGTON, June 20 (U. P). —A collective bargaining election for employees of the Gatke Corp. of Warsaw, Ind., was ordered today by the national labor relations board to determine whether the United Construction Workers (U. M. W.) should
Trade in 12-Year Bond Default.
that they should be resumed in the early fall. Some $85,500,000 of Peruvian dollar bonds are involved, In announcing the unsuccessful negotiations, the council issued the fi
materials and has received from
in default more than 12 years, Pery does not her responsibility for the bonded debt or feel pinched for revenue, but insists that her margin of trade and exchange is too small to justify payment of any substane tial amount on either interest of principal.”
UNITED AIR LINES SETS SAFETY RECORD
Hanging up one of the most ree markable safety records in the hise tory of the Air Transport Come mand, United Air Lines completed its 1800th successful scheduled flight for the ATC over Alaskan terrain last Saturday. In these operations, United had no serious accident, sustained ne injury to personnel and flew ape proximately 98 per cent of its planned trips despite the fact tha§ the route followed is regarded as one of the most difficult In the
represent the workers,
world.
War Bond .Subscription
This is the critical time of the war—
—the time when our fighting forces are doubling their efforts
to bring the war to a climax.
—the time when we on the home front must redouble the intensity of productive work to offset manpower shortages.
—the time to make our dollars do double duty —to get on
with the war and
protect the peace.
Double your subscription to the Fifth War Loan. The drive deserves every dollar you can spare—every cent not needed for the essentials of living. Call it selfdenial, if you will. Deep in your heart you know it is simply sane investment in your Country—your future —and your children’s future.
Rather than voice your patriotism through your mouth,
N
{ United Tel Co 5% .......... 97 Union Title com . . . 25 28 BONDS | Algers Wins'w RR 4%% ..... 100 | American Loan Bs 51 ........ 97 100 4 | American Loan 5s 48 . 99 101 Ch of Com Bldg Aid te 51.. 84 87 Citizens Ind Tel 4'%s 61 ...... 03 108 onsol BB acai 96 100 . d Asso Tel Co 3%s 0 ..... 108 Lins iIndpls P & L 3%s 70 ..... 106% 108% Indpls Railway Co 6s 67 ..... 7 80 Indpls Water Co 3%s 68 ..... 107% 109 Kokomo Water orks ” 58 ..106 i Kuhner Packing Co 4 = 100 Muncie Water Works Sed 8 ...105 9 Ind Pub Serv 3%s 73 ...... 02 103% N Ind Tel 4% 65 ....... 88 Pub Serv of Ind 3%s 73 ...... 105 106% Pub Tel 4%8 88 ~~... ....... 00 103 d Water Wks 5s 57...105 . Term Corp Ss 57 ...... 88 91 U 8 Machine fA 58...... 9 103 pleavy breed hens, 20c: Leghorn hens, 17e Broilers, yin t roosters, under § ibs., 20c horn 2 aan 6c. Old Sa 14c Butter—No. 1, 50¢ Butterfat—No. 1 49c; No 3. 46e : WAGON WHEAT oh 55 adiadetaradtt SHEE | a today, ny ou mills their Jd No.3 x
let your dollars speak for you. Double your subscription to the Fifth War Loan.
Count on Mallory workers to do their bit for the Fifth ) War Loan. Count on them, too, to keep increasing the
high standards they have set for production of elec
tronic and metallurgical precision products essential to war wt serie). ‘Head and hands, heart and soul, they “all out” in the war effort.
WASHINGTC to be launched It’s under w able to get one | winters fuel bu of an! A
barrage of fuel-sa Begin now,
say, with a thorough clean=
ing job on your furnace to get you off to a
dealer-wi used. to: do. your
cleaner to get as surfaces, Coal En Rou Your - next wi should be on | dealer soon, fu for WAr warns. out a form giv use of fuel, how to be heated, wh ment you have, you had on har goes along with for seven-eighth hard-coal requir all you get this only half your tober 1.
® From July 10 shoe dealers
special ration-fr women, and bo} expecting an in be patient, says partment, Uncl 18 million refur as possible, and interest from MN the date your cl . « « Where big being harvested, full 20 pounds | out of canning of price admin a change from period rule on Areas where it to hand out th at once will | OPA’s regional
We Invite H
Eyes Exaion
Jordan L