Indianapolis Times, Indianapolis, Marion County, 10 April 1945 — Page 7

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ARRAN RE. PL.

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Business” -

Sees ‘Much Work

V-E DAY should not bring a flood of war contract cancellations here although undoubtedly there will be a number of them, in the opin-

ion of informed industrial and

governmental men. oy “Indianapolis, Anderson, Muncie and the like are really part of the auto industry,” explains one expert.

“We make components—parts tor the auto industry, which means parts for war © items the auto factories are making now. “The auto industry is going to keep busy, either making war items, or where war contracts are cancelled, going back into making cars, which ought to keep them busy for several years. “Consequently, I don’t think Indianapolis has anything to fear

Tope,” he said. In addition to making "all kinds of automotive parts, the city has some war orders which will be needed in the fight against Japan, such as the jet engine being made by Allison for the P-80 Shooting Star. » . » still has ° “sizable government ery) for delivery during 1945 and 1046, and these orders, plus a huge backlog of potential civilian orders, point to complete absorption of our production for an ihdefinite period with practically no conver-

Jewels after the Roman nobleman | Thyrsus tipped her off to the com- | ing of her enemy Octavian. . . . in Saudi ‘Arabia is boosted to 120,000 barrely a day late this Year, "King Ibn Saud’'s oil income (21¢ a barrel royalty) will reach $25.400 a day,

EVANSVILLE PLANT LOSES CI0- BATTLE -

—The Republic Aviation Corp. of Evansville, Ind, was ordered by the national labor relations board yesterday to cease interfering in activities of the United Auto Workers Union (C, I. O.). “n The NLRB action upheld a complaint by the union that the company had been interfering with union organization at the Evansville plant, The decision ordered the reinstatement of three . discharged | union employees, discharged for union activties. “The NLRB dismissed, however the complaint of the union in Tegard to three other workers whom

“TUESDAY, APRIL 10,

Beyond V-E Day| ~ ==——pBy ROGER BUDROW=——

about the end of the war in Bu- |

J. D. ADAMS Manufacturing Co. |

orders (for road-building machin- |

1045 ix

bo PR GR EEN BR

This photo shows Allison-powered P-63 Kingcobra fighter planes, bearing the Red army star, winging over the Canadian cataract at Niagara Falls to start their long flight to Russia. Pilots of the U. 8. air transport command fly them to Fairbanks, Alaska, where Red army fliers take over and fly the planes across Siberia to eastern front bases, completing a 10,000-mile ferry trip.

U. S. CAN STUDY BRETTON WOODS

Congress Needs Time, Too, Before Decision.

By JOHN W. LOVE Scripps-Howard Staff Writer WASHINGTON, April 10.—Congress is going to ‘take more time to

make up its mind about the Bretton Woods proposals, and. so that portion of the public which also wishes | to master the subject need not be hurried. The mood of urgency which surrounded the program a little while ago has lifted, for the present. Secretary Morgenthau wanted congress to accept it before the San Fran-

ences, with the Russians receiving concessions at two of them comparable to the recently disclosed agreements to seat three. Russian delegates at San ‘Francisco. The concessions in’ the Bretton Woods program involved an increase in the Soviets’ access to the stabilization fund in such a way as to provide opponents of the program with one | of their arguments. against it. * Few Americans Will Know

~‘Those who object to speed in the adoption of the international finan-

| cial Progra’; madmit there—"is no

chance for any mere than a small minority of Americans ever understanding what it is about, but they want to be sure congress does. They want to be sure. congress { knows where it is taking the na- | tian, and that it understands the Bretton Woods financial program | is part of a seamless fabric, another | portion of which consists either of lowering American tariffs or providing for lowering them through | the broadening of the reciprocal

the union sald had been dismissed | 2tter: or its equivalent, the Bretton

for the same reason.

N. Y. BANK TO ELECT FRASER SUCCESSOR

NEW YORK, April 10 (U. P.).— Financial circles today expected directors of the Pirst National Bank of New York to consider at their meeting April 17 a successor to the | late Leon Fraser as president of | the institution. Directors were scheduled to meet tomorrow but postponed the meeting one week because of the suicide

of Fraser yesterday at his upstate New York home.

————————————— MEXICO ORDERS ENGINES

NEW YORK, April 10 (U.R).~— The National Railways of Mexico has placed an order for 16 steam locomotives of the 4-8-4 type with the American Locomotive Co, and a similar order with the Baldwin Locomotive works, it was announced today. It. also ordered seven diesel-electric locomotives from the Electro-motive division of General Motors Corp. for use on its lines in mountainous country.

——————————— JETS USE CUBAN NICKEL WILMINGTON, Del, April 10 ~-American foresight in opening up Cuba as a second source of nickel supply means that this country will have enough of the metal to meet needs for the jet propulsion aircraft. program without jeopardizing|p other armament needs, L. M. Williams, president of Freeport Sulphur Co., said today.

"U.S. STATEMENT

WASHINGTON, April 10 (U. P.).—Government, - expenses and receipts. or the Pith es ao April 1, compared w a yeal ago: This Year Last Year . $75, 358, 355,010 $70,891,393,926 68; 001. 66,002 249

7,202 Nh c t 2 Reserve. 20,417,040,024 31, $30,445,300

* INDIANAPOLIS CLEA CLEARING HOUSE

5,374,000 190,000)

Pub Serv Ind 5% ........0000s

Ross’ Gear & Tool com i or Sona CG & BA8% .: tokely-Van Cam r pt U 8 Machine on? y

Kyiv «ov. | Island st, Gary; agent, Bernal L Evan United Tel Co “3% Srasisines «ve. | SAME address; 500 shares without np Union Tile,com .....,..... 27 sess | value: Bernal L. Evans, Dgnald F. Tay- - BONDS lor, Charles Hecker,

American Loan 8g 51 American Loan 58 46 ..,,..100 “es

"| statul

‘|8ame address; ‘ 500 “| value; George Beleslin, John Kopach, Gil- ‘ | bert Gruenberg.

. | common stoek o Evansville

Finds Hoosiers In Healthy Spot

NEW YORK, April 10 (U. P.).

| Hoosiers are lucky.

The Midwest, on the basis of mortality, is the healthiest section of the U. 8. according to statisticians of the Metropolitan Life Insurance Co, However,: they - added, every state in the union recorded a°decline in mortality in the decade prior to the war.

NEW FOREMAN GLASS IS SEEN

‘Unions Will Bar Il Bar Promotions,

Christopher acknowledged pat) any employee may join any union, and described his letter as “an hopest, opinion * arid - presentation of facts “which should” let those reading it form “their individual opinions.”

Status Would Change

“In my opinion,” he told his foremen, “should union representa-

tion of foremen become a fact, their | B® in management would. be]

materially changed “because their functions would change materially.

They may well become. what" the’ majority Opifitot oT “the national

‘traffic cops.’ “Candidates for higher management would then be selected and trained for their positions from the start, not promoted from the rahks. Lower supervision would then function_ in the capacity of routine leaders carrying out instructions, |'thus shutting off the opportunities for promotion that have in the past been open to those with ambition

trade treaties. : and ability.” There is no chance for both these re . gPeat pieces, of legislation being| _ _|2dopted at the same moment. The| - N. Y Stocks extension of the trade-treaty act : is coming alorig next. Without the Net Au cn i Huh Low Last Change 18-Chal sees 43 43% 437 + Woods fund for stabilizing curren- (Am Can ...... 94 93% 7% + Ng cies would probably’be waterlogged Am Lo Bo in dh -—- 4% - - n . “ean in the end, but with lowered tariffs [Am Roll M .. 17% 17% 11% +. % and larger exports, it might not be iy TD . 192% 153% 153% — “ Reggae or needed on the scale pro-|Am Ww, w ..... 1172 11% 113 + a Attscollda ‘ 3134 31% 31% -— u rm o ... 7 TT .— ¥ er————————— Atchison ...... 86s 84% 867% + 1% t pron 34% y Discuss €ROP INSURANCE, (nS Lif 2, A, TU Three representatives of the In- Benak 483 40% M0 — X sane. 7 7 1 . {diana AAA are in Chicago today at-|Borden re .357 33% 35s — 13 e . | Borg-Warner .. 38! 377 38' ) fending a meeting discussing theg re Caterptiar—T 50% — 5045 a va stablishment of government Crop in-JChes. & O .... 49% 49%; 49% — ip LIS “os 3 53 3 surance. They are Marshall Vogler, Surtfewr ... or a 190% AAA chairman; Clark Baker, AAA Gen Elec Vives 41 403, 41 : . en Foods .... 42 413 41% } committeeman; and John Thomp-|Gen ‘Motors .. 83% sist sn + 1 son, field representative. Goodyear ..... 52 52 52 . Int Harv ..... M% mT 1 -_ 8 . Johns-Man 112%, 112 112 —-— Vy LOCAL ISSUES Kennecott 31a" 32 a -—- WN Kroger G&B .. 3824 38! 382 — Wa Glass ... 57% 57% 31% — 1 STOCKS Bia Asked Lockheed A 30% 20% 20% coer ’ Loews Ty 2: 1 7 — Agents Fn Corp com .. Coo Martin GDL. 242 24%. 241, 4 an Agents "in Corp pid ... 20 Mont Ward ... 34% 54% 54'5 w. 4 Ayrshire Col com ....., 17% | Nash Kely 16% 16%2 16% 4 4 Belt R Stk Yds com 40%; (Nat Bis ,...., 4's 24 4% + W Belt RB Stk Yds pfd .......... .... | Nat Dist 3% 31% ‘1% — Y Bobbs-Merrill com N Y Central 3% 22% 2% 4+ Ww Bobbs-Merrill 4's ptd .. 69 Ohio Oil ..... 18% 11% 18 . ..., Central Soya com ... 32% 34Y [Packard ....., 6% 6la Bl 4 1a Circle Theater com ... an AM A ...174 11h 11h ,.., ComWith Loan 8 3% pid ., 105 108 (Penn RR ..... 38% 35% 35% 4 M4 Delta Bleg com «rei 1 15 |Phelps Dodge.. 27% 26% 26% — 14 Electronje Lab com aB% 6y,| Procter & G.. 56% 56... 56% .... Fi. Wayhe & Jacksori RR pid 8» Bullman °,..1., 8h du 49% "4 Hook Drug Co com 10% | Rare Of... 19 BE, = 0b Home T&T Pt Wayne 1% pid. .... | Repub Stl 2 2h ‘UY — by *Ind Asso Tel 5% pfd- ..... 104% | Bocony-Vae 183s 16a 1644 — 3 Ind & Mich E 4'a% pid ....11 113 | South Pac 3h 10% wh ..., Indpls- P&L... ..0.... a. 115% | [Reyn Tob B .,. 33 32% 33% Indpls P & L ‘com radi 229, 247, {Schenley Dist .. 46a 46'; 46% + 3, Indpls Railways com ........ Servel Inc oe 19% 19's 19% .... .| Indpls Water ptd . . ,...| Std Brands ... 30% 30% 303% — VY Indpls Water Class A com 2 [Std Oil Cal ... 41% dlls 41% 4 1 Jeff Nag Life com ,....... ....|8td Oil Ind .. 36% 36'2 36'3.... Kingan' & Co pfd ............ oo. |Std Oil NJ ... 50 858% 58% +4 Kingan & Co ps 2% 3, | Texas Co 33% 53a 83% + WN *Lincoln Loan Co 51a% ‘pid. 97 {20th Cent-Fox. 27% 21% 27% .... Lincoln Nat Life com {US Rubber ...58 36 -5 — 'v P R Mallory pfd .... US Steel .. 63 627, 63 + % P R Mallory com . . Warner Bros .. 13% 13% . 13% N Ind Pub Serv 57 Westing El 126% 126'% 1264

INCORPORATIONS

Public Beverage Co. Inc.

Supreme ‘Beverage Oo. Inc. jway, Gary: agent, Gilbert Gruenberg, shares without r

Chesterfield-Minai, Inc., 1012 E. 21st st., 1ndianapalis: agent, Arthur L. Chester field Sr. same address; 1000 shates with out par value; precision plating, electroTotating Business; Arthur L, Chesterfield : Br Nae r R. Binai, Philip 8. Chestere

Steuben County Farm Bureau Co-Operas tlve Association, Inc, Angola; amendment . | increasing. Saphal stock to 400 SE rred stock of $25 Pls value, . 28,000 value

te

labor relations called them, namely |

“11 COINSURANCE often

504 Broads |}

7750 PORKERS RECEIVED HERE

11925 Cattle, 750 Calves, 125 Sheep Also Arrive.

The Indianapolis stockyards today received. 8000 _hogs, the war food administration reported. Top price. for hogs remained at the government ceiling of $14.80,

and the market was active and steady, Also received ‘were 1925 cattle,

| 750 calves and 125 sheep.

GOOD TO 'CHOICE HOGS .(1750)

120- 140 pounds [email protected] 140- 160 pounds .. [email protected] 160- 180 pounds 80 | 180. 200 mounds

sion problems,” reports Chairman 7 bY DISS 300. 220 pounds " holders. cisco. conference April » Dy pass : . po i RE. Sms to Sorkielders the [Ing the Spence bill, but there is Says Christopher. 340. 340 Bounds ing. 300- 330 pounds .. . ; nd net | no chance now of this occurr: oR o . 4 my aa navy Pop Li Baolb 24| The San Francisco conference is| DETROIT, April 10 (U. P.). THE | 2388 pounds profits dselined 2 (after ue 3 of indefinite duration, however, and | Packard Motor Car Co. Bipatesl 160- 200 pounds ............. [email protected] 3 Shars pg §. 8 so the administration, as a good-| today that if its foremen choose tol te choy tne Sows . 00 a—— . = =» wy Ensuite, Jay put ou 0 Deal bargain collectively their present £1 300 pounds avynssaovine 5 to have the U. S. accept the | : ; : - 330 pounds .....ie...0. : - : s taken over by a new 33. 360 BE urerssann ver, 14.05 ODDS AND ENDS: Meal-hun- | woods agreements before the dele- duties may be ta I ae ji gry Detroiters bought 27,000 red| ioc depart. The outlook at pres-| classification of management rep-| "“ " points worth of meat across the on; i that the house committee |resentatives. ] 400- 450 pounds ............ Wo0a10 river at Windsor, Ontario, last |,, yanking and currency will take| - George I Christopher, Packard | gm, POUNCE coorteserene: . Monday, a “slow” day. ... A Ger- |35 gous more to conclude its| president, made this hint in a letter | 250- 500 pounds ........ .... [email protected] man textile factory had pillboxes | earings. to foremen whewsoon will partici- ii Pigs around it, where guards watched Russ May Deadlock pate in a national labor board elec- I Cheam 11350137 over slave laborers. . , . Indianapolis tion to determine whether they wish CATTLE (1925) : department store sales in the pre-| If It had once been important ,, p, oy recented by the Fore- Steers Easter wee ending March 31 were | that the Bretton Woods agreements | ,..g association of America (inde- | Chotce— 6% over a year ago Why the |be rushed through congress before pendent), He warned that in ac- 200.900 founds sessrerecine Ji301708 furor over charges that some Chi- (the San Francisco meetings came | qi, unionization, foremen would | 1100-1300 pounds ... + [email protected] cago grain speculators have made |to an end, there will still be plenty | raise a bar against promotion. 1300-1500 pounds °3 [email protected] )» money on tips reportedly coming |©f time, shauld the Russians pursue| pc joer followed a similar dec- 700- 900 pounds... 1475018 38 . 4 - ) POUNGS sec vevoncanes @ ad from the inner sanctum of the gov- | there the practices they ned laration by C. E. Wilson, General|,100-1300 pounds 15.00@16 25 ernment Commodity Credit Corp.? [both at the Bretton Woods meet-|\;oi0-c corp. board chairman, who | | 1300-1500 pounds’ | 1111111111 [email protected] asks Investors Reader. People have ings and their Predmiparies hid has said that management is con-| 700. 1100 pounds 13.502 14.75 been trading on inside information | Washington, apd at Dumbarton cq... 0 steps to be taken. should [1100-1300 pgunds 1111111 13 [email protected] at least ever since 30 B. C. when (Oaks. . foremen align themselves with| OD100 BOUTS +....errreee 11.50013.50 Queen Cleopatra hid her gold and| Deadlocks at all these confer- Heifers

} niin 600- 800 pounds 800-1000 pounds

3000

[email protected] [email protected]

B00- 800 pounds ..,...<. . [email protected] 00-100 1000 pounds ,...sseece.s. [email protected] 3 | 500- ‘900 POUNAS «e.iveesnnsss [email protected] | Common— - 500- 900 pouhds . [email protected] Cows (all weights) Good .... .. [email protected] Medium o . [email protected] Cutter ig common . [email protected] Canner .

: .. 1.00Q@ 8.00 ot ‘Bulls - (all weights)

Good. (all weights) ......... 13.00@13 15 Sausage— Good: .....c.. Cesar sehen bb [email protected] Medium . [email protected]

Cutter and common > . . [email protected] “CALVES (¥50) 5 Vealers (ald weights) Good and _ choice . [email protected] | Common and medium .“ . 3 J04316 50 ull 30@ 9.50

Feeder and Stocker Cattle and Calves

COMMON -,.. vaiianrinsnsihsn [email protected]

LOCAL PRODUCE

2d Heavy breed hens, 24c. Leghorn hens,

Sprotiers; fryers snd roasters, Ibs, white and barred rocks, 28c. old roosters, 15e. Egge—Current receipts, 3lc; large, 34c; grade A

under 5

grade A medium and B large,

"1,|31c; grade A small, 6c; under grade, 37c

Butter. Ne. es 80¢c. 4bc: No. 2,

WAGON WHEAT

Up to the close of the Chicago market today, Indianapolis flour mills and grain elevators paid $1.67 per bushel for No. 1 red wheat (other grades on their nosis); oats, No. 2 white or No. 2 red, testing’ 3 Ibs. or better, 60c; corn, No. 2 yellow shelled, old «rop $1 09% per bushel and No 2 white shelled, old crop, $1.24%.

Butterfat—~No. 1,

a

Can Your ; Insdrance Rate Be Lowered?

does lower rates, permits owners to carry MORE insurance= sometimes at a lower

AAAS. +

- THE. INDIANAPOLIS 1 TIMES ~-Red-Stars‘Over Niagara- ——

Steers Choice— 500- 800 pounds ........... [email protected] 800-1000 pounds ........... [email protected] Good—, 500- 800 pounds ........... [email protected] 800-1000 pounds ........... [email protected] Medium-— 500-1000 pounds ........... [email protected] Common — 800- 900 pounds ........... 1.50@ 8.75 Calves (steers) Good and choice— 500 pounds down '.......... [email protected]% Medium— 800 pounds Sows Ein [email protected] Calves (hetters) Good and choice— . 500 pounds down .......... [email protected] Medium 500 pounds down .......... [email protected] SHEEP (125) Ewes (shorn) Good and choice ............ 1.75@ 9.00 Common and medium ........ 2 7.75 LAMBS Good and choles ....... . [email protected] Medium and good ............ [email protected] |

| NRE ——— bk _Bi=nbS |___ oFie we FL 598 38 5.5 PF 380% gs __ See G88 u_ Sees § BEE 5k 5 33 SBE

rae as di U. S. STEEL AT GARY

GARY, Ind, April 10 (U. P).— a shutdown of the, Carnegie-Illi-nois plant of U. 8S. Steel Corp., employing 6500 workers, was threatened today as a strike of more than 800 employees in the pickling department, tied up production of vital war material, Workers in the pickling department started a slowdown March 11 in protest against a revised incentive pay plan providing equal production with fewer employees, a spokesman said,

HOMES WILL GET NO MORE REFRIGERATORS

WASHINGTON, April 10 (U. P.. —Householders: will get no more mechanical refrigerators from the nation’s stockpile, the war production board said today.

of the original 700,000 are left in the national reserve and these will hereafter be assigned only for the most essential military and public | health needs, WPB said.

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Charge When He Got ‘Mad’ BELOW U, S, RATIONS

NEW YORK, April 10 (U. P.) —Def counsel charged in federal WASHINGTON, April 10 ©. rr : RK, Ap . P.) —Defense sel ¢ e ederal | court yesterday that the Norden Co., makers of the famous bomb sight, | Americans this year may be exe and other defendants were indicted for conspiracy to defraud eae their slinimest rations of government because James H. Rand, president of Remington-Rand, Inc.,{the war but they still will fare much of Elmira, N. Y,, “was mad” when the. navy took over ‘his plant for | better than their British allies.’ & failure 10, produce, | ‘war food administration survey The charge was made during edge of having done anything yoo today. argument on an application by the wrong” the only possibility they defendants to inspect the minutes have of counteracting the Fr es 1008 Suonomisia Predict hod of a grand jury. which accused|was to-learn of the evidence betorle dined gt a rate nine per cent shots them last December of Harte) the grand jury.

; ; {the prewar level, will return to a withheld technical _informati rate Pro that before Pearl Harbor, from the Remingtdn-Rand Co, * 6. E, STRIKE ENDS AT The catch in this diet analysis, WFA sub-contractor in making the so- ‘admitted, is that foods Americans called football unit of the bomb like most, such as meat, butter and sight. Defense counsel also asked | FT. WAYNE BRANCH sugar, will be considerably scarcer the court for the names of 100 han before the war. | witnesses who appeared before the| FT. WAYNE, Ind, April 10 (U.| This is the same situation the grand jury. P.)—More than 6Q0 striking | me have experienced for more Former U. 8. Attorney Charles H.|Ployees of General Electric returned | |than five years. WFA reported that Tuttle, who represented the Norden|td their jobs today. The number! ihe British diet in 1945 will be as Co, said that, Norden had exceeded |0f strikers started with about 250 | pyutritious as before the war. But lits navy schedule, had set up a|last Friday and grew to a reported | |the “morale building” foods, such as school to instruct Remington-Rand|700 by Monday. ¢ |fresh oranges and eggs, will continue employees In manufacture of the| The workers voted to return toto be rarities. football unit and had given their|their jobs after they found that the| Generally speaking, Canada’s | patents to the government for dis-|wage dispute, which precipitated | present food situation is superior [tribution to other subcontractors. the strike, was in the hands of [either to this country’s or the United I They said that, “having no knowl-{governmental agencies. Kingdom's.

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