Indianapolis Times, Indianapolis, Marion County, 1 August 1944 — Page 9
T PEOPLE”
TUESDAY, AUG. 1, 1944
~~ TOMORROW'S JOB—
Industry Expects Post-War Boom on Its 'Fair-Haired Boy’, The Home Freezer Cabinet
By JOHN W. LOVE Seripps-Howard Stal Writer
CLEVELAND, O, Aug. 1.—~The
growing new market after the war promises (0 be the home freezer or
electrical appliance with the fastest-
low-temperature cabinet for food storage.
«The device is distinguished from the mechanical refrigerator, but there are people who believe they will be combined. It is sometimes called the Deepfreeze, but this is a trade name owned by the Motor
LABOR-RENTING FEES ATTACKED
Government Moves in to Halt Racket Costing U. S. Millions.
WASHINGTON, Aug. 1 (U. P).~— A house military affairs subcommittee reported today that the government has gone a long way toward
halting a nation-wide labor-renting racket which, in one instance, led a
war industry to pay $3,112588 for
services normally worth $728874. “If both government and industry | continue their efforts,” the report
Products Co. of Detroit and Chi-
cago. A few other companies were mak{ng the appliance just before the war, Stewart-Warner with its Eskimo Pantry, Schaeffer with its Packaway, Nelson and one or two more, but apparently all the major manufacturers of refrigerators are going to have them ready as soon as the {war production board gives the signal. General Electric is calling it “the fair-haired boy of post-war.” Others with new models will include Nash-Kelvinator, Westinghouse,
and Sanitary. Industry Is Rapidly Growing The great and growing field of frozen-food preservation has several types of apparatus, and the coming boom seems likely to affect them all. They run from the home cabi-
net of three to six cubic feet of 300-1500
Frigidaire, Quillen Brothers, Jeyett Good
“sald, “not only can this practice be storage space on up through the completely abolished but also untold store and other commercial instaimillions of dollars can be saved to lations to the service plant with
= WRT RRR at
Fla), Thomas E. Martin (R. lows),
. duetion of unnecessary, Sosa of | The subcdminittee ft” fovea the labor-renting rackef’in a March | 14 report which charged that certain “engineering companies,” with the apparent approval of the war and}
, havy departments, rented skilled |
workers to war plants at rates from $32.60 to $12 an hour when the men | themselves received from 65 cents) to $2.75 an hour. Traveling and liv. | ing expenses were often added on. Detroit Firm Charged Today's report said that one De-| troit firm paid its employees from 80 cents to $3.78 an hour base pay! and in some instances rented them out “at a flat rate of $275 to $350 a week.” Under cost-plus-fixed-fee government contracts, the report noted, these charges had to be reimbursed from the public purse. | The department of labor, war
© manpower commission, War’ labor |
board and the army and navy—the, same agencies previously criticized for failing to fight the racket were praised for “effective results in the direction of national curtailment of this practice.” Rep. Carl T. Durham (D. N. C) headed the subcommittee. Other members were Reps. Clifford Davis (D: Tenn), Robert L. P, Sikes «(D.
and Ivor D. Fenton (R. Pa). As an example of fees paid for rented labor, the subcommittee cited agreements whereby Higgins Ajrcraft, Inc, New Orleans, lea. paid “a total of $2,113,583 for rented labor whereas if they had been able to secure the same personnel at prevailing wage rates in their own locality, they would: have paid $728.974."
Report Protested
Officials of the Higgins concern met the report with a protest that
anybody's guessing.
- the taxpayers in the consequent re-|lockers and rooms, -even'to completes
meat packing gn a sah scale,
{industries in existence. They are still being set up in many towns.
The WPB laid down rigid require- oog-_
ments which excluded the plants from urban areas and reserved them |. mainly for the use of farmers. The Ohio Farm Bureau News reports that about a quarter of the {farm families in the country are using this form of food storage. The third great section of this refrigeration business is the mercantile, consisting of the distribution of quick-frozen foods at retail. This branch had its.big expansion before the war and much earlier than the other two, but the makers of the commercially branded frozen
foods will offer greater variety, even | con,
{to the complete packaged meal. The lockers the stores use are pretty crude, some of them, compared with what the industrial de{signers have been working on of late. The plats makers; enimelists] ‘and metallurgists have new ideas to try out.
Effect on Canning Questioned Just where merchandising energy and competition will carry these in-
| dustries after the war is beyond
Families of larger incomes will buy the home cabinets in great numbers, probably enough to influence kitchen design. A possibility is the five-foot cabinet at less than $150, one capable of holding foods at zero temperature. Most city dwellers, though, may elect to use the food lockers to be set up in the neighborhoods, and then again they may only buy frozen foods as they need them, What's to happen to the canners and the big tinplate and can indus. tries back of them is a question. Same for home canning and the glass jar business. If millions rents ed central lockers or bought thei
- | 1400-1300 300 pou
Le 2164 fconipost one of the . Ea
PORKER PRICES
Market Active With Top at $14.80; 10,675 Hogs
Are Received.
The hog market was active and prices steady at the Indianapolis
at $1480 on 160 to 240-pound weights. ¥ Receipts included 10 675 hogs, 2700 cattle, 800 calves and 1500 sheep. GOOD TO CHOICE HOGS (10,675) 120- 140 pounds ............ $12 100 da
Pael Good to Cholce— 270 300 pounds 300 368 a. 65 cornssnnesens 13.40013.58 ceaesenress,[email protected] csvenanances [email protected]
oo 350 Juda - Medium—
Slaughter Pigs podium and Good - 120 pounds ............
CATTLE (2700) ano"
. 10.50013.00
vevanvese 10.804 csesevannass 3 !
. [email protected] iaesenaene «es [email protected]
TOF IO0 posta 1H ie DORAN] Heifers
-
[ed ium~- : : 700-1100 pounds .oieecenes ds
Chotoe~
800- 300 pounds « 18.75 $00-1100 -pounds
- 10.00
16.50 18.7%
15.78 16.00
«ees [email protected]
Foie srercssserees i 500-500 900 pounds ..ecceva.
1L 2813. 00 « 9.50G
Sau : Good ...'..c.iu.en trvsevaie [email protected] Medium .., 3% Cutter and common 8.38 CALVES (389) Vealers (ali weights)
[email protected] 8 13.50 Culls $509 8.00
Feeder and Stocker Onttle and Calves Sears
Cholce poo a pounds .....euueeess 11.501 030 Pounds ..esevcecnces 11.78
300- 800 pounds ay S00- 1000 pouns 3111111 PRS N: S00-1000 POUDAS ..oeneecenson 7300.00 Common
vase 1000 LTS Calves (stoma) ade and Cheice—
W200, Deuads OWE uveevannes RBGLLY
500 pounds dows ............ Oaives (heifers)
500 pounds OWE ....c.en.nn
ia
[email protected] « 8.0Q1050
od
14.00
Commo
BIG BOND REFUND PLANNED BY ARMOUR
CHICAGO, Aug. 1 (U. P)0— George A. Eastwood, president of Armour & Co. today announced
STEADY HERE]
‘ts | sonnel and all have served at least
338 |increased the government's inter-
stockyards today. The top remained | ¢
function yesterday. »
Service pins were presented to 89 employees of the National Starch Products, Inc, 1515 Drover st., yesterday in honor of continuous duty with the firm. The 89 honored represent approximately 40 per cent of the per-
five years with the company. Albert Pasch, 224 E. Iowa st, is the oldest employee in length of ARLVEMOETIIY
ga with he ization since 1882.: He ip in the milling - department. His pin is topped by a diamond, as are all 25-year pins, but has eight stars at the base, each symbolizing five years over 25.
ASK CURB ON CORPORATIONS
Group Claims Big Federal Agencies ‘Encroach on
Business.’
WASHINGTON, Aug. 1 (U. PJ— 00! The joint congressional economy! committee, declaring that government corporations have grown 80’ powerful that they rival government, itself, today urged prompt action to! make them subject to closer control
by congress. The recommendation was made | in a report, based on nearly two years of study, in which the com-| mittee, headed by Senator Harry P Byrd (D. Va.), revealed that gov-| ernment corporations had grown in number from 10 to 44 in the 13| years ending June 30, 1943. These 44 corporations, which have
est as a proprietor from $3,700,000,~ 000 in 1933 to $14.800,000,000 in 1943, “encroach upon and compete with business, with business under aerious disadvantage,” the report said. This advantage to federal corporations, it said, exists because “they have practically unlimited government credit at low rates of interest, freedom in some instances from federal, state and -local taxation
Albert Pasch (center) receives a servis pin for 62 years of service with the National Starch Products, Ine, from A. H. Halden, vice president in charge of production, New York. Herbert C. Piel, | Indianapolis manager (right), was master of ceremonies at the plant
Local Firm Employees Get Pins for Company Servic
the committee's failure to credit the own, the market for canned goods New Orleans company with having jmight be reduced, and then again first exposed the labor-renting | (it might end only in more food be
tentative plans for refunding $76,~
000.000 in outstanding bonds. . + » €XcOpt taxes on real estate, and | “Armour & Co. has tentative plans they also enjoy the privilege of pen-
racket to congress put the company | ling purchased. For one thing, the | fT the refunding of its outstand- |aity mail and other concessions
“at a disadvantage.” Col. John H. Jouett, vice president of Higgins Aircraft, said that because of a shortage of manpower, his company—"along with General Motors, Chrysler, United Aircraft and other important government gontractors”—with the “‘reluctant consgy of ‘the army air forces” was forced to employ the services of the labor-renting outfits,
Contracts Explained
The report said Higgins made three ts with the Michigan Design and Engineering Co, Detroit, at rates from $3.70 to $4.50 an hour straight time, up to $5.70 an hour overtime; one with the Affiliated Engineering Co., Detroit, $4.30 an hour straight time and other pro. visions; and one with the Carney Engineering Co, New York City, $4.50 an hour straight time. Various types of contracts were entered, it explained. One between the Brewster Aeronautical Corp. and MacDonald Brothers, Inc, Boston, Mass, called for Brewster to pay: *“(a) full reinbursement of compensation to each man including
seasonal fluctuations in prices may | be smoothed considerably. The boom we had in the domestic | refrigeration industry after the last! War appears to be all set to be re-| peated in the newer applications of | the same art,
GRAIN PRICES MIXED ON CHICAGO MARKET
CHICAGO, Aug. 1 (U.P.) —Grain futures displayed an uneven trend {on the board of trade today. At 11 a. m. wheat was unchanged to up % cent a bushel; oats off 4 to up %, rye up % to i. and bar-| am ley quoted up 1 cent to % cent.
LOCAL ISSUES
anapolis securities dealers . Ba
time and a half for overtime; (lb) |Del
related social security and unemployment taxes: (c) expenses not
exceeding $6 a day; (d) a fee of $30 |g ao
a man each week.” The report listed 13 other “typieal” firms which rented labor, most of them operating out of Detroit.
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LOCAL. PRODUCE.
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Nominal quotations furnished by Indi- 4
Loew's +4 Martin Glenn) 18" is sh-Kel v . , | Nat Biscuit ‘or aan
ya ‘ip
ing $76.000000 of first mortgage, {four per gent bonds, and its series; 'D, three and one quarter per cent bonds for the dual purpose of re!dueing interest charges and extend!ing maturities, thus effecting further improvements in the company's Rossicia) structure,” he said. “Banking interests with whom the tentative plans have been discussed have expressed a belief that present tions in the money market Son that such objectives could | be accomplished at this time.”
N. Y. Stocks
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*/the National Industrial Council at
similar to those enjoyed by regular federal agencies. “Add to these the prestige of . government agency, and business meets an invincible competitor.” The committee recommended the | prompt establishment of “public control” by having the corporations submit annual “business-type budgets" first to the budget bureau and then to congress for approval, with provision. for control accounts. in| the treasury and audit by the GAO.
STATE FIRM TO GET SEC HEARING SOON
A security and exchange commission hearing has been ordered for! Aug. 3 on the Northern Indiana Public Service Co.'s proposed re-| financing. The hearing will be held at Philadelphia. i The company proposes to egt nance its presently outstanding 320,-| 078 shares of cumulative preferred stock by offering holders the opportunity of exchanging each share of presently held stock for one share of $100 par value five per cent cu= mulative preferred stock of the com | pany, plus a cash pdyment of the| difference between the redemption] price and $102, and adjustment for accrued dividends on shares surrendered and the shares to be issued. The company also proposes to enter into an agreement with the First Boston Corp. providing for its services in forming and managing a group of security dealers, including itself, for obtaining acceptances of the exchange offer, providing the offer is granted.
COCHRANE TO GO TO CHICAGO MEETING
The Chicago mid-year meeting of
800M FORESEEN IN AUTO REPAIR
'Sale-of New, Rebuilt Parts; Predicted as Record Breaking.
By Scripps-Howard Newspaper Alliance TOLEDO, O., Aug. 1.— Business done by automobile repair and service shops, now at record- breaking leyels, will be even larger after the war, Royce G. Martin, president of the Electric Auto-Lite Co. predicted today. The automobile industry probably
will be unable for at least four years {to fill the demand for new cars, Mr. | {Martin said. Meanwhile the public, | with gasoline rationing and other | driving restrictions lifted, will want
to do more highway traveling than ever before, and: much of it will be! 8.0» done in present cars, now averaging | more than seven years old.
| Servicing Earns Respect
“Independent repair shops are now enjoying their greatest boom,’ even though ODT figures show that, lon the average, they have lost more Herbert C. Piel, ‘Indianapolis /than 40 per cent of their skilled memanager, acted as master of cere- | chanics. . Automobile dealers, who monies, and introduced A. H. Hal-| {find that they are being “carried” | den, vice president in charge of 'and are even making a profit from production, New-York, who present. sale of parts and shop repair work, | ed the pins and spoke briefly con- have learned a new respect for the gratulating the employees. | service end of the business.
i bushel
Sale of Chicago Club Planned
CHICAGO, Aug. 1 (U. P)— The 42-story Medinah club building, which was erected in 1929 at
a cost of more than "$8,000,000, will be sold at public auction Aug. 14, Arthur C. Youngberg, trustee, announced today. A bid of about $790,000, subject to delinquent taxes of about $500,000 has been made by John Mack, hotel man, who made a down payment of $75,000, Youngberg said. He explained that under a federal court order any one interested can go above this bid. Although Mack
MAKES 50.000 PROPELLER HE
Curtiss - Wright Blade Would Harness Ninety Million Horsepower. 4
Production of the 50,000th pro} peller is scheduled to be completed today at the local plant of thes Curtiss-Wright Corp. propeller ai-5 still will be authorized to obtain |vision, the company reported to-3 the property if he tops the high |day. 4 bid by 5 per cent within three | mn, propeller, with its four hol!
days. 5 The ornate structure, which has |low steel blades measuring 16 feet, been in financial trouble almost |and eight inches from tip to op< since its erection is now in federal [posite tip, is said to be the largest. court trusteeship. Sale of the |in the world in quantity productions: building is said to be difficult be-. Although only slightly more than’ cause of peculiar structure to SUP- | three years have elapsed since the. por: 8 Hop-Book wimming pool. | first propeller production was: @ cub, Willen NAS Neel) ODaral~ | started in Indianapolis, approxi-. | mately 90 million horsepower could>
ing at a loss of about $100,000 a year, has 439 bedrooms and 13 4 now be harnessed by propellers produced here, the company said.
floors of club rooms. | * The Indiana Steel Products Co.| UU, S, STATEMENT * of Valparaiso, Ind., and the Martin {Band Instrument Co. of Elkhart, |, WASHINGTON. Ag) ed NGOve {Ind., are among 25 firms that have current fiscal year through July 328, com< won the army-navy awards for ex- | pared with a gol te Last Year. & cellence in war production, it was a Year. * ] announced today. $ 7.537.708,778 $ 8.813, 307.5%
TWO STATE FIRMS GET ‘E’ |
WAGON. WHEAT . \ < Cash balance. 21,848, 879,131 Up to the close of the Chicago market Working bal. 21,086,028 433 today, Indianapolis flour mills and grain Public debt 200.710,370,769 elevators paid $1.44 per bushel for No. 1! | Gold reserve . 20.992 886,205 red wheat (other grades on.their merits), ere i 2 white oats, 79c, and No. 3 red oats, | INDIANAPOLIS CLEARING HOUSE No. 3 yellow shelled corn, $1.08 per | Clearing and No. 3 white shelled corn. $1.24. Debits ©
ee
SUMMER STORE HOURS: DAILY, 9:45 10 6:15--SATURDAY, Lost AT GP. M.
A
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