Indianapolis Times, Indianapolis, Marion County, 19 March 1945 — Page 6

No. ‘shelled, old crop, $1.09% per bushel and

Baines

Building Boom Eating Mandiedily From High Costs and Restrictions| By ROGER BUDROW | « BUILDING SHARES, ARE BEING TALKED UP on

the stock market.’ ket operators.

They are~a perennial favorite of marRecently, most of them appeared bullish!

on the building groups on the theory there will be a big

housing boom after the war. Now some of the market men are beginning to wonder just how far a building boom will go. With prices what they gre, they can't imagine how — average working for wages can aff build a = the conventional type. With taxes high and interest still a .big item, | the only boom| that might come is in the field of| p refabricated| houses, some be- | lieve. This type of construction runs into zoning difficulties. Some point/ out that union troubles might be stirred up if the prefabricated home| cuts into the construction crafts operations to a large extent. ® x = | INCENDIARY BOMBS which we are dropping on Jap cities look like a piece of hexagonal pipe, square | at each end and having no fins! Cloth streamers slow its fall Standard Oil of New Jersey and |;

. the army chemical warfare serv ice| developed it. Burning gobs of jellied | ©

gasoline are splashed as far as 100 feet. It sticks to the sides of buildings or on the inside walls, when a bomb goes through the roof. n n " ODDS AND ENDS: Westinghouse wowed the Pittsburgh federal tax/ collector with a $25 million check—for its quarterly payment. ++» The Monon railroad had $10,632 net income in January vs. $103,400 a year ago. . Q. G. Noblitt, president of Noblitt-Sparks Industries of Columbus, Ind. sold 1300 of his common shares in February, leaving 16,350. Stockholders who attended the annual Ligget & Myers| meeting a week ago (in Flemington, N. J) were rewarded with a carton of Chesterfields; only half a dozen were there. . . . And only 15 out of 40,000 P. Lorillard stockholders got

its gift of 10 packs of Old Golds,|

two packages of Briggs pipe tobacco and five Muriel cigars. . . . (R. J. Reynolds—Camels—meets April 3 in Jersey City, and American Tobacco —Lucky Strikes—the next day in] Flemington) . The convention ban and the curfew's damper on hotel bars and nightclubs are beginning to show their effects on hotel ledgers.

LOCAL PRODUCE

Rory breed hens. 24s. Leghorn hens

Btoters, fryers “and ‘roasters, under © te and barred rocks, 28¢c. old POSSE: 15c. Eggs—Current receipts, 3lc; grade A large, 34c; grade A medium, 3l¢; grade A pmall, 26c: no grade, 3 : Butter—No 1, 50c. Butterfat—No. 1 49¢: No. 2, 36e.

WAGON WHEAT

Up to the close of the Ohijeage Saree ~“Yoday, INAI&HADONS hoyr writs & elevators spaid $1 67 pers oushel ne No 1 red wheat (other grades on their merits); oats, No. 3 white or No 2 red, testing 32 Ibs. or beiier 69c, corn, 2 yellow

| association said in the current issue lof its week!

RISING COSTS CITED BY NAM

Claims Post-War Civilian Prices Must Follow.

NEW YORK, March 19 (U. P).—| Unless: the. pricing program for| civilian goods is revised by the oftice | of price administration in time for | a great obstacle tol

production and jobs will be faced, the National Association of Manufacturers said today. This is “practically the unanimous judgment of manufacturers.” the |

| reconverson,

vy publication, N. A. M/ News

nothing but trouble for the Germans and Japs. have made an outstanding record in hitting enemy ships and planes. Westinghouse Electric & Manulaciuring Co.

This deadly lineup of 5-inch dual-purpose naval guns at the, Louisville naval ordnance plant, means Th ese guns, used on destroyers, cruisers and battleships, |

THE INDIANAPOLIS TIMES _ Navy Guns Built"At Louisville Plant

FR ARO TPR BL a z

rid MONDAY, MARCH 19, 1945 Power Substation Doubled

—_ PANAM, PRLS 3 Sl FOR U.S. ROUTES

Parries Threat of Domestic Lines in Foreign Fields.

WASHINGTON, March 19 (U. Po -—Pan American airways handed a new problem today to domestic airlines and “government agencies trying to break its strong hold on overseas air commerce. The big international airline applied to the civil aeronautics board for 12,738 miles of routes within the (United States. The routes would cut deeply into markets of the do- § mestic lines which want to extend Ja their routes overseas. A Declaring that it proposed to } bring air travel rates “within the range of the average man for .the first time,” Pan American said its § first domestic routes would ° be ‘|served in part by 148 and 204 passenger aircraft, o.oo. Pan American proposed routes

Capacity of the Indianapolis Power & Light Co. substation near Hunter rd. and Southeastern ave. has been doubled, at a cost of $250,« between New ‘York and Miami, New| 000, by the installation of three transformers: each weighing 434 tons, Orleans, Los Angeles, San Fran-| which take power from the 132,000-volt steel tower loop around the cisco and Seattle; Chicago and| city and reduce it- to 33,000 volts. The first current was switched Miami and New Orleans; Los An-| through the new sub yesterday, geles and Seattle.

Termed “Attempt to Confuse” A representative of the domestic lines called the Pan American ap{plication an “attempt to confuse | the -issue with an 11th hour threat | {which will be recognized as such by | [government agencies; congdtess and

Civilian Prices In its article, the association asserted that the current OPA pricing Doliies for civilian goods threaten o be an even greater obstacle, in their (the judg- | | ment, sion of industry which was origi-| low-income groups, they will turn nally regarded as the primary bot- | Other ‘ism’” to solve their living pr | tleneck in the resumption of civilian | fproduction What disturbs the manufacturers {most in the prospect is the ques- | Exemptions tion: “How can we produce civilian |C0Sts have

manufacturers’) WASHINGTON, March 19 (U.

ing of wages and increased living

lowered living stand-

goods after the war production is ards of the low income groups to]

far below 1939 standards.

’ the News said. | Losses Carried |

The reason for the question is the enjoying thé largest incurrent OPA policy, which eriginat-.COMe.. payments and the greatest

cut away,’

are today

|In general terms, quires the profits on war: goods in the house. any form to carry the losses on| As a remedy, he urged approval civilian goods. {of his bill to raise income tax exThe OPA will not allow any cost emptions in the lower brackets from increases to appear as a rise in the $300 to $800 for a single person and {price which will cover the civilian to $2000 for family heads, with an loss, N. A. M. added. additional $500 for each dependent. “Popularly, such a situation might Loss in revenue, not seem intolerable at first glance. be met by “eliminating the present {In fact, many of the firms which Outrageous waste of taxpayer money are concerned about it, as it affects and raising tax rates for higher (inthe post-war prospect, are never- Come) brackets theless managing to get along. un-| Emphasizing the problems of lowder the present war conditions. That €F Income groups, Engel said: is because the industrial system of _ CDiess these people are given the nation is still more than one- Soe relief, they ln are 10 50+ half in the production of war goods clalism, communism or some other

ne ism. This 1s going to be the real re ey ” {Tey oan P00, the civilian losses, problem during the coming post-

war period.” a What Will Happen i ee ise “But what* happens, they. ask. U. S. STATEMENT

when the tide of war orders goes

out? ernment expenses and receipts for the current fiscal year through March 16, .com“Direct costs ‘of materials and pared wi th a yest ago 14bo 0 vil in- This Year - Last Year labor for scivilian goods have in Expenses $ 68,748 921 $ 64,751,365,131 creased an average of 25 per cent war .Spend 60,629,198,263 Receipts 27,417,533,283 over the pre-stabilization years, and Noe: Deficit 37333 820.198 Oye ad has gone up. 50 per cent.|Cash Bal 16,795,042,517 Work. Bal 14,58 16,032,261,662 \Pubiic. Debt 234 8 3 187.211.1287 an. ‘the break-even Gora Reserve 20d

and in many * instances civilian goods are being sold by manufac-

38.692542. 438 15.344,900,802

INDIANAPOLIS (C LEARING HOUSE Clearings $ 5,206,000

No. 3 white shelled. old crop, $1.24%.

turers for less than they cost, | Debits .. 17,823,000 |

ELECTRONICS...

ane workin’ or

"Train Thr

to yardmaster... Train Three-One-One to yardmaster . . ."” radio communication os bes tested, and it's working on”

the ROCK ISLAND LINES.

Almost a year ago, ROCK ISLAND was the first railroad to receive its own permit from the Federal Communi-

cations Commission to test

nection with the operation of its rains. -

Regular installations wefe

neer-to-conductor-to-flagman, train-to-

yardmaster.

~ The ROCK ISLAND LINES established an

Electronics Deparfment.

Keep

Ye 2ahroadl

also include transmission of written messages in facsimile by radio, induction and radio telephone between engine and caboose and between stations and moving trains, portable short-wave radios that automatically bridge gaps in storm-damaged communication lines ...and microwave-radar developments.

ee-One-One

Yes, ...

This is another practical example-of the working of ROCK ISLAND LINES’ Pro“gram of Planned Progress. Yesterday's planning provided a war-ready transportation system which is doing its wartime job with. notable effi- | ciency. Today's planning will provide finer, safer, swifter transportation . . ; |

radio in con-

made, engi-

Experiments ~ tomorrow!"

= Your Wor Bonds : : : : ond Buy More!

ROCK ISLAND LINES

4100S ~ ali veiiep 108 victory

P.).—Rep. A than the physical reconver-| warned today that unless some financial relief is given to millions in the

“This despite the fact that we Ary

he said, could 3"

21,649,872 SIT

Low Incomes Threaten U. S. | With Various ‘Isms’:

Engel Albert J. Engel (R. Mich),

to, Socialism, Communism or some

oblems

Engel 1s a member of the hin appropriations committee, which lof their partnership. pafses on funds needed to run the government reduced income tax |

| N.Y. Stocks

Net High ’ Last Change | A is-Chal ~.... 43% 43 4344 Is Can .... 3 ; 94 s Am Loco : 32 1 Am Rad & € 3% 13% 3 Ya | Am 1 ill 18 3s Am

j +1

+11

ed in the discretion of the price prosperity that any nation has en- Ar administration, the paper continued. |joyed in the history of the world,” An: this policy re-|he said in a speech prepared for! Ar

1 1 | “8 3

RLLLA Lh 1

Lockheed Aire . Loew's Martin (Glenn N Chast L Nat Biscuit Nat Distiller NY Air Br Oliver Cor Packard 2 Pan Am Air Penney Penn RR ‘ Pfizer (Chas) Pub Ser 5 pf . Rem Rand _.. | Savage Arms .. { Sedrs Rosbuck | Socony=Vac Ted | South Pac ..... 4

4 8 ® 4 B

WASHINGTON, March 19 (U; P.).—Gov- |S

Std Oil Ohio “. 5 Texas Co ...... 5 US Realty 3- : a US Smelt pf ... 64's 21 ] -—-13 Warner Narner Bros .. | Vs 1 — Lg

LOCAL ISSUES

anapolis securities deale STOCKS i Asked {Agents Fin Corp com. Ya | Agents Fin Corp pid.. . 20 | Ayshire €ol com ‘oe . 17 Belt R 8tk Yds com... : ! 4 Belt ~R Stk ‘Yds pfd.... . ; . Bobbs-Merrill ~ com Bobbs-Merrill 413 Central Soya com Circle Theater com *Comwlth Loan’ 5% pid | *Delta Elec

Indpls Jeff Nat Kingan & Co pfd Kingan' & Co com ‘Lincoln Loan Co 5'27% pid .. Lincol Nat Lite com P. R Mal lory pid , | PR Mallor fd Ind Puy Serv 3%

£ i 4 8tokely-Van Camp pr United Tel Cc Un ion Title com BONDS Algers Win'w RR 4'2% American Loan -3s- 51 American Loan 5s 46 Buhner Fertilizer 8s 5 Ch of Com Bldg 4's 6 Citizens Ind Tel 4's 61... Columbia Club 2-5s : Consol Fin 5s 56 ‘ae Ind Asso Tel Co 3% 28 Hu . Indpls P & L 32s . Indpls Railways Co 5s S 4 “ei Lh Water Co 3'2s 68... Kuhner Packi ng Co 4s 54.. . 28 73 Pub Serv of In 8 34s 38 Pub Tel 4's Trac Term Cor 2 5x 67

ow - —— — FT. WAYNE TO GET NEW AIR SERVICE FT. WAYNE, Ind, March 19 (U. P.) ~The Chicago and Southern Air Lines will start regular service {here on June 1, the company’s pub- { lic relations office announced today

I'he schedules have not been com(pleted yét, but it is believed ‘that

there will be two flights each way daily. This stop will be on the air-

{ line's new Detroit via Paducah, Evansville, Indianapolis, Ft. Wayne and Toledo. |

SHOE REPAIR

HEEL LIFTS ATTACHED 4

Please call for shoes when promised

FASTEST SHOE REPAIR

IN TOWN WHILE-YOU-WAIT SERVICE

McCRORY'S

17 E. WASHINGTON ST. DOWNSTAIRS

He declared that frees

|last 23 years in office building man- |

3 |

Is |

2 ‘square feet of

= imately 400,000 square feet, operated Bridgeport Brass of 2.09,

2 agement firm of Homer Warren &|11 67. Co. In this latter assignment He |

, of “sufficient size. and importance |

Nominal -quatations. fussished, by Indi. |

-|dising buildings, parking et rages, etc.

route from Memphis to!”

the public.”

The plant is operated by the ‘Company officials said they did Ae Wank the domestic routes if (1)

" E JOINS en or monopoly instrument is KLEIN, KUHN FIRM A Hoe or (2) domestic carriers are kept out of foreign operations.

Klein & Kuhn, real estate man-| 1f the governmen, 5 going lof abandon its “historic policy’ of agement agency, announced today | separation between domestic and that Frank H: O'Connell of Detroit | foreign carriers, they said, Pan {has become an associate member American should be awarded Jones routes “in the publie "inerest.” All the points Pan American {proposed to link domestically, ex{cept Chicago, already are terminals (for its 90,000 miles of international | routes extending. into 60 cou into 60 countries

FROM -

Mr. O'Connell is a graduate civil engineer of the University of Mich- | 1gan, saw duty in the armed forces of world war I, and has spent the|

{agement in Detroit. Mr. O’Connell was president of |

the Building Owners & Managers'| BRIDGEPORT BRASS {association of Detroit, which repre- | |sents approximately 55 of the prin- LEADS IN SAFETY

{cipal office buildings in that city. He was a member of the Detroit real {estate board, the Detroit board of | The Bridgeport Brass ordnance | commerce, ‘and the Engineering | plant ‘here is rated as one of the «|Club of Detroit. He headed the | leaders in industrial safety in the {mayor's committee as co-ordinator ination among plants engaged in for all large buildings in the city | rolling, finishing and fabricating of of Detroit for the office of civilian| metals, according to a recent redefense. {port . from the National Safety { He has been manager of the Buhl| council. building, a 2l-story modern office | The council is conducting a nabuilding occupying a half block in|tion-wide safety . contest among the center of Detroit's financial dis- | manufacturing plants. ‘The most {trict and comprising some 320,000 | recent report shows Bridgeport rentable area. He Brass being in fourth place nationwas manager of the 18-story Ford|ally, among all the contestants in | building and the 23-story Dime its particular group. This report | building in Detroit, totaling approx- | further shows a frequency rate for against by the well-known property man-|the average rate of the group of

‘WHEN £LYING KITES

INDY DAYS and kite flying time are here —and_you can have loads of fun with this spring sport, but here's a word of caution 80 no boy or girl will get hurt— Fly your kites in open fields and away fou traffic and Electric lines. Never uke wire or tinsel scing, oe 8 wot string. And above all, never climb a tree or pole to. get back your kite if it should become SENG. in Boarby wires. eo

The importance of industrial {safety in the bridgeport Brass pro-

| am is indicated by the fact that . | to produce steam and electricity |

{there are three full-time employees {for tha; heating and all operations! in the safety department; in addiof both buildings.

.| tion. to safety monitors in the sevFor the

last three -years Mr.|...) qepartments and on each shift. O'Connell has been- associated With | 3atety classes are conducted on all

the Whitney Realty Co., owners of [the David Whitney building and] Hise shifts numerous other commercial prop-| erties . in downtown Detroit. He} managed the 19-story David-Whit ney building, which is the leading medical building in Detroit, and operated for this estate merchanlots, ga-

| was also’irrcharge of a power plant |

USE OUR BUDGET PLAN

NO INTEREST OR CARRYING CHARGE

INDI IES Posse 7

PT ny

WASH AT PENN. IND FLOOR KRESGE BLDG

A nine

To All Organizations Now Engaged -in Waste Paper Collection :

HOW WASTE PAPER FUNDS CAN

AID WOUNDED VETERANS ... or Worthy Local Projects

All over the country, schools, churches and other patriotic organizations are collecting waste paper to make or wrap the 700,000 items constantly being supplied to our Armed Forces. Often these organizations choose some worth-while community project to which they donate the money derived from the sale of waste paper. But many have + already decided to channel a little or all of their waste paper funds into a new cause . .. added comforts for our returning wounded.

face the future with the confidence that comes from their knowing that they are being appreciated. The use to be made of waste paper funds is always up to the local organizations concerned. But while the need for waste paper grows, so too another need...a

very human need . . . is growing as the casualty lists lengthen.

A LITTLE WILL HELP

If you can apportion a little or all of your waste paper funds for wounded veterans, do it now. Send those wounded boys more of those “home comforts” they deserve. If your organization can’t do this today, we are sure you will add this great cause to your list later. Save waste paper more than ever... you'll help to spéed victory and to aid those who have borne the brunt of battle. Those are aims which are paramount

with every American. sos] rosa

‘SIE WASTE PAPER

V 10 SPEED VICTORY TO AID VETERANS

OR LOCAL PROJECTS

THE NEED IS GROWING

s For the casualty lists are lengthening, Daily more of the boys who fell in our defense are coming back home for the tender care they so richly deserve. While the Government provides all the essentials required for treatment and convalescence, there are many little “extras” and luxuries which ean do a lotto help the boys

EXTRA COMFORTS THAT WASTE PAPER MONEY CAN BUY FOR WOUNDED VET ERANS Radio- phonograph combinations, records, sound movie projectors, settees, lounge chairs, sun’ porch equipment, cigarettes, long distance home phore calls, billiard and ping pong fables, cards, books, games, sketching and painting supplies, ote.

For further informa-tion-about the Double V Waste Paper Program in your community, get in touch with your local® Salvage .. Committee Chairman or this newspaper.

U.S. VICTORY WASTE PAPER CAMPAIGH

FATTER. RT meen.

— - — EE ———————————c—

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MONDA

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Services fo

Bruner, nation

_géologist and

at 4 p. m. | & Buchafian will follow, The Rev. C Rev. P. W. W Dr, Bruner, university for day in his ho He was 84.

Assum

In 1881 he natural scienc and later he at Drake un became profe geology at B until his reti He was a degree of d Butler ' in 19 made profes: Butler zoolog 1032 to 1038 of graduate sf Author

Widely kno world, he w; American Ass vancement of bar of the Soc Eugenics socie York Aeadem He also wa diana Acade served as pres

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Perfect cious gi eyes we 839, of protect caring Have th ularly a glasses credit,

GLASSE

INDIA