Indianapolis Times, Indianapolis, Marion County, 28 June 1945 — Page 23
| THURSDAY, JUNE 28, 1045
Wazi WAR PLANTS - SEEN HARD T0 KILL
Reports Indicate That Industrialists Made Their Plans |
Well; Some Have
Post-War Contracts
All Lined Up.
By JACK FLEISCHER United Press Staff Correspondent
BERCHTESGADEN, Junéi28.—The allies may find it]
much easier to smash German militarism than to cripple German war industry, according to all information available
‘today.
Reports from all sources indicate that allied officers must keep on their toes to prevent the cunning German in-
dustrialists with their ersatz economy from rebuilding a'
potential armament industry. There is a striking similarity betw 2n the German big businessman and the Prussian professional soldier. Both would like to chalk off » world war II as an unpleasant experience, and start over again. From the internationally known Industrialists down to the little factory owners, the Germans have laid their post-war plans well. According to all reports, German big busi ness played along with- Hitler only as long as its own interests were served. - - » WHEN THE German tycoons saw that the war was lost, they stopped ‘wasting their resources and their new discoveries and techniques on
It as far as they were able, They turned their- attention to post-war business. Mdny discoveries, for example, |M gome in the field of jet-propelled planes, were purposely not exploited because German industrialists wanted to save them for after the war. A typical example of how smaller firms methodically planned their post-war program was the Dr. Heinrich Schmitt Werke at Frank-furt-on-Main. The company originally made typewriters. During the war it concentrated on plastics for both military and non-military use. It also developed a new process for producing artificial coal from
which synthetic fuels could be extracted. »
# " THE COMPANY was bombed out of its Frankfurt plant and moved to Koenigstein, on the Elbe river. The entire. research -staff finally yas transferred to the research intitute for substitute products at he Skoda works at Prague. There, according to the Schmitt brothers who head the company, he staff worked in very close copperation with Czech authorities vho placed technical facilities, labpratories and technicians at their sposal. The group continued to develop 8 plastic products, including typeters, teletype printers, parts for planes, vehicles, guns and ammunition. The Schmitts themelves said they were concerned primarily with post-war production.
» " » ON APRIL 30--little more thsn week before the war ended—the Bkoda Corp. made g contract for fhe rights to post-war production pf Schmitts’ principal patents. That is just one example of how undreds of German firms have ooked out for their future. It renains to be seen how the line will pe drawn between production of purely consumer goods and potenwar machinery.
LOCAL ISSUES
|
HOG REGEIPTS FALL TO 3450
Trade Is Active and Most Prices Stay Steady.
Hogs and lambs turned on steady prices today at the Indianapolis stockyards, the war food administration said,
Cattle totaled 726 and sold steady where numbers were sufficient for an accurate test. The 425 vealers received gained 50 cents in an active trade.
GOOD ‘TO CHOICE HOGS (3450) 120- 140 pounds .....»[email protected] 140« 160 pounds ... vo [email protected] 160 pounds Up eee sees 14.80
Medium— 160- 220 pounds Packing Sows Good to Choice— 270- 400 POUNAS sesevevences Good— 400- 500 pounds .. Medium 250~ 560 pounds ....ee..000 Slaughter Pigs Medium to Good-— 90- 120 pounds CATTLE (1%)
14.06 14.05 [email protected]
secssnanen
Choice— 700- 900 900-1100 1100-1300 1300-1500
. [email protected] vee [email protected] vor [email protected] [email protected]
pounds pounds pounds Pounds seseccoctnes ceseneessens [email protected] . 15.26@ 16.25 hpalen « [email protected]
pounds pounds pounds
1300-1500 pounds
Medium— 700-1100 pounds 1100-1300 pounds Common— 700-1100 pounds Cholce— 600- 800 pounds 800-1000 pounds .... Good— 600- 800 pounds 800-1000 pounds .... Medium—e. 900 95 prude Com 500- 900 1 pounds Cows
13. 150 15.25 [email protected]
[email protected] [email protected]
14.50 @15.26 « 14.75@ 15.50
sevssenssenne
seas tsnene “es
(all weights) 12. B14 35
Good Medium Cutter and Common .... . . 6.75@ 1.75 Bulls (all i Good (all weights) ........ [email protected] «ro [email protected] Medium ++ [email protected] Cutter and common 7. [email protected] - CALVES he) Vealers (all weights) Good and choice ....... sense [email protected] Common and medium . } Cull Feedé? and Stocker Cattle and Calves Cholce— Steers 500- 800 pounds ..
eee 13. na. 50 800-1050 pounds
sesscnseens
Good 500- 800 pounds 800-1050 pounds Medium— 500-1000 pounds ........ Common— 500- 900 pounds ... CALVES (Steers) Good and choice— 500 pounds dowm......... . Medium--500
sesesennees, 11.50 ssssesescess 11.50
13.00 13.00
«vs [email protected] [email protected]
[email protected] Calves (Heifers) Good and choice— dOWNn..eveseeeee [email protected] Medium 500 pounds down..... SHEEP (4%)
Ewes (8horm)
Nominal quotations furnished by Indinapolis securities dealers:
Bid Asked oo TH
ents Fin Coy be . . 8. Ayres 4% % p1d.. «104 wy shire Col com .........0.0 17 19% Belt R° Btk Yds com....ooess Yh 390% Belt R Stk ya ptd.. reer obbs-Merrill © Bobbs-Merrill an pt lentral Soya Soni eva rele
theater omwith Loan 8% e.. elta Eleo .
20 . | com
Good and choice Common and medium
LAMBS (Spring) Good and choice Meditm and good mon
NEW TYPE PRINTING MACHINE REVEALED
NEW YORK, June 28 (U. P.).— The General Aniline and Film Corp.
i, | announced today the development {of a new machine for reproducing
architectural drawings, Printed mat-
...} ter, and so on, at: the rate of 30
+ | feet a minute, and. which will pro- . | duce photographic prints, ordinarily
y | requiring about 20 minutes, in a
okely-Van Camp } r oi Haute Malleable ...
herfoan Loan 4%s 56 ...e4. erican Loan 4%s
“shen
matter of seconds without the use
fof wet developing solutions.
The machine, developed by Aniline's Ozalid division, is known as the Ozalid Printmaster and will
** produce positive prints in blue, |= black, red or sepia lines on a white|= .. | background of paper, cloth, foil or «film. The material is specially *|treated and the prints require no
washing, drying or fixing, as is the case in blueprint and the “wet”
:*** | processes.
H Asso Tel © Has 70 pls P I 3%as vee JOT pls Railways oo 557 ov nls Water Co Bs 68 .... Packing Co 4s 54 ....
¢ Term Corp Ls 67 y Williamson Ine 8s 88... Ex-dividend.
U.S. STATEMENT
OTON, June 28 (U. P.).—Govexpenses receipts for the ent fiscal year through June 26, com~
ment and
with a year
- 4 flolt HHH
Bal, Bal, b. Debt... Reserve
19, mb 11,842, 200
anssitissupennrseaiv.y 4,580,000
$98,833, rhe lat $92,275 201. Tae . 88,077, ¥ ’ iain
880 208.1931 408 143 Jen sos 020
” :
{NCREASE Your Insurance LOWER
50 | Allister,
pounds, as much ‘as a composite of the P-b
. They ni In i» Shopping Early! CHICAGO, June 28 (U. P).— Christmas is here, six months early, for about 5000 employees of the Chicago, Milwaukee & St. Paul Railroad Co, now in mili. tary service. The road has mailed Christmas bonus checks for $10
each to every former employee who is in uniform.
U.S. IS NEUTRAL IN BRAZIL TRUST FIGHT
RIO DE JANEIRO, June 28 (U. P.) ~The U. 8. embassy has refused to be dragged into the heated political controversy raging here over President Getulio Vargas’ sweeping “anti-trust” decree-law of last week. In a statement issued through the Brazilian National News agency the embassy today said the antitrust law was purely a Brazilian affair and that the only question that could concern the U, 8. in connection with it would be its application to some American interest,
Argentine Capitalists
Are Warned BUENOS AIRES, June 28 (U.P.). —The new “pro-government weekly De Frente, which appeared last week, published an open warning to Argentine capitalists today, that they would better toe. the line or the same thing will happen in Argentina as in Brazil, where the government has just assumed virtually unlimited powers over business, under a so-called “anti-trust” law,
BRAZIL DEVELOPES NEW RUBBER TREE
ber tree producing a high latex yield which may restore that country to its former prominent position as a rubber producer, the Chamber of Commerce announced today. The new tree is produced by grafting a bud from another tree of high latex yield onto one having a strong root system. The Brazilian government will finance planting and cultivation of the trees in the Amazon valley,
|ties
WASHINGTON, June 28 (U. P.) —Brazil has developed a new rub-
LINK BELT ADDS TWO BUILDINGS
Work Started on Additions To Ewart Plant.
The Link Belt Co. is building two additions at its big Ewart works at 220 S, Belmont ave. One addition, for which the foundation already has been laid, will cover 10,000 square feet. The other will contain 90,000 square feet. Each will be two stories high. Frank 8S. O'Neil, vice president and general manager of the plant, said the additions would cost less than $500,000 but that machinery to be installed within the next few years might bring the invest~ ment to $1,000,000. The expansion will mean an increase in employment, he added.
FENSTERMAKER ON GAS UTILITY BOARD
J. Ralph Fenstermaker, president of Hugh J. Baker & Co, today was elected a director of the city’s utilidistrict , under which the municipally-owned Citizens Gas & Coke utility operates. Mr, Fenstermaker fills the vacancy created by the recent death of Henry L. Dithmer Sr. Elsey, secretary-treasurer of the In-
president.
elect the directors.
Asks Law Curb on Rail Speculators
WASHINGTON, June 28 (U. P.) —Speculators made as much as 9000 per cent on stock of the reorganized Chicago & Northwestern railroad, Rep. Chauncey W. Reed (R. Ill) charged today. The huge profit resulted from inability of a court to change the capitalization in a railroad reorganization plan submitted by the interstate commerce commission. “These stock market operators knew that the court must disap-
INCORPORATIONS
Bartholomew County Agriculvaral Credit i Columbus; dissoluti 0. Holding, Ine. 5 s Market st., I agent, Albert B. Bristor, address; 100 shares without par ; dealing in securities; Albert M C. Edward Blum, Harold W.
MacAlister Machinery Co., Inc. 2118 N Gale st., Indianapolis; agent, Edwin Ww, MacAlister, same address; 3000 shares of $100 par value; Edwin W. MacAllister, Hilda BE. MacAllister, Pershing E. Mac-
Graylynn Blue Room, Inc. Pennsylvania st, Indianapolis; agent, Gaylor B, Millikan, Westfield blvd, Indianapolis; 100 shares without par value; tavern and restaurant business; Gaylord B Jeslian, Elizabeth M, Millikan, Georg . Fisher,
United Oil Producers, Inc., 738 Broadway, Model bldg. Cary; agent, Morrie Kirschner, same address; 3 shares of $10 par value; to prospect for oil and gas; C. M. Page, Morrie Kirschner, Edward Button. Bloomington Broadcasting, Inc., 303 Ine diana Memorial Union bldg., Bloomington; agent, Lawrence Wheeler, 506 N. Indiana ave, Bloomington; 500 value; Herman B Wells, Ward G. Biddle, John 8. Hastings,
Third Morse Realty Corp., Indianapolis; dissolution.
1043 N.
Miers Construction Co., Ine. apolis; dissolved by decree of court.
"HANGERS fc EACH | ;
f MOTH ROLES ~ BURNS or WORN SPOTS LEON TAILORING 00. > Mass Ave She Midis du
shares no par
ut Yor dew|
Reed said. “It cannot make recommendations to change the proposed capitalization of a new company.” Reed called for new legislation to put a handicap on such speculators. He said a bill which would aid in some degree already had been passed by the house but was lying dormant in the senate.
DURHAM OFFICIAL
—Dewitt C. Brown, vice president and general manager of the Durham Manufacturing Co., Ft. Wayne, Ind. entered a plea of not guilty in federal court yesterday to charges of conspiracy in the delivery of faulty war materials for the navy.
MANIEA BANK REOPENS MANILA, P.'L, June 28 (U. P.).~ The National City Bank of New York, the only Americar bank operating in the Philippines, has re-
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THE INDIANAPOLIS TIMES Allison-Powered XP-75—Didn' t See Japan
Brodehurst dianapolis Glove Co., was named president of the board, succeeding
Mr. Dithmer, and L. J. Keach, of the L. J. Keach Co., was named vice
The utility is governed by a selfperpetuating board of trustees, who
prove or approve the whole plan,”
PLEADS NOT GUILTY
HAMMOND, Ind., June 28 (U. P.).
This is the XP-75, the Allison-powered long-range fighter plane which was to have been an escort for bombers attacking Japan, but which was abandoned before getting into mass production in order to concentrate on produgtion of B-29’s, now pounding Jap cities,” The XP-75 had a 3000-horsepower, 24cylinder Allison “wr efigine behind the pilot, and counter-rotating propeller, htweight bomber. Designed by Don Berlin of Genera] Motors, it started out as uselage, P-40 wings and A-24 tail, but changes were made until this design emerged.
Loaded it weighed 20,000
Monticello Is ‘Dough Heavy’
MONTICELLO, Ind. June 28.— Most of the employees of the Universal Machine shop here drew more money than they could carry home last payday. It wasn't inflation. The company paid off partially in silver dollars to show what the plant means to Monticello prosperity. The shiny cartwheels averaged 17 to a pound, making the average paycheck a good sized paper sack full of money.
1500 BOYS NEEBED TO DETASSEL CORN
Times Special LAFAYETTE, Ind, June 28 County agricultural agents today began a campaign to recruit 1500 boys to detassel hybrid seed corn in central and northwestern Indiana, following a meeting of corn growers here, J. B. Kohlmeyer, state super visor for emergency farm labor, said that the boys, who must be 14 or over, will live in work camps at Kentland, Oxford, Lafayette and Tipton.
CHANGES AT GARY TO COST $50,000,000
CHICAGO, June 28 (U. P).— Post-war Improvements at the Gary works of the U. 8. Steel Corp. will cost at least $50,000,000 Irving S. Olds, chairman of the board of directors, said today. This figure will include work:at the Carnegie-Illinois Steel Corp. the American Bridge Co. and the National Tube Co. plants, Olds said.
FCC ALLOCATES
Will Shift FM From 42 to 50 Megacycles.
WASHINGTON, June 28 (U. P.). -—The federal communications commission today announced final wave-length allocations for all
phases of post-war high frequency broadcasting, outmoding present frequency modulation equipment. “In: announcing its final allo¢ation for frequency modulation (FM) the FCC said that 90 channels would be created between 88 and 106 megacycles. The new. allocation would shift the entire FM industry from its present band of 42 to 50 megacycles, The television bands were fixed at.44 to 50, 54 to 72 and 76 to 88 megacycles.
Remodel Transmitters
The new frequency band between 88 and 92 megacycles will be for non-commercial, educational F.M. and between 92 and 106 megacycles for regular F.M. The commission said in its final report that it found these frequencies interference-free and - best suited for F.M. transmission, The new set-up, it was said, would involve remodelling of all existing FM transmitters. In addition, approximately 400,000 persons who bought FM receivers for the lower band before the war must either convert their sets to the new bands or be content to receive standard broadcasts. May Convert Some Sets According to a survey conducted for the FCC, 365,000 sets for combined standard and FM reception can continue to be used for standard broadcasts but cannot be converted «0 the new FM frequencies. An additional 30.000 sets may be converted for FM reception on the higher frequency for about $10, the FCC said
The commission said that it “does not propose to provide an inferior FM service during the decades to come merely because of the transitory advantages which may be urged for an inferior type of service.” Thirty-one broadcasting corporations, firms and communications networks joined in February in protesting the FCC intent to change the FM wave lengths.
DEVELOP NEW FOOD PACKAGE
NEW YORK, June 28 (U. P.).--The American Can Co. has developed a new package making it possible for the frozen food industry for the first time to use fast, automatic filling and closing operations, it was
announced today.
WAVE LENGTHS
Bell Promotes p Halstead Here
B. G. HALSTEAD, Indiana Bell Telephone Co. attorney, will assume the duties ‘of secretary and “treasurer for the company on July 1. He will succeed J. R. Ruddick, who retires on that date.
Bell system for 43 years, starting his career with the Western Electric Co. at Chicago in 1901. He was em-: ployed by Central Union Telephone Co., predecessor to Indiana Bell, and was made appraisal engineer for the latter firm at its organization in 1920. In 1929 he was appointed attorney. Mr. Halstead was born in Clay City. He has been an Indiana bar member since 1916, and is a member of the Telephone Pioneers of America. Mr. Ruddick has been in the telephone business for more than 39 years, beginning work with the ,Ghicago Telephone C6. in 1905. He also worked for Central Union Telephone Co. and for Indiana Bell since 1920.
BOWSER PROMOTES
B. G. Halstead
of the Indiana Serv executive vice preside
as chairman of the board of Bowser.
become effective July 16.
Mr. Halstead has worked for the |
W. MARSHALL DALE
FT. WAYNE, Ind, June 28 (U. P.) —President R. Hosken Damon of Bowser, Inc, announced today the appointment of W. Marshall Dale, former president and director Corp., as of Bowser. Dale, who was president of I. S. C. since 1938, succeeds E. D. Eggimann, who will continue to serve
C. V. Sorenson of Hammond was elected at a board meeting to succeed Dale as president and director of I. S. C. These changes are to
PARLEY HELD ON RAIL RATES
Indiana One ‘of 12 States Represented.
COLUMBUS, O,, June 28 (U. PJ). —Robert E. Jones, assistant publie counsellor of Indiana, was one of dozen representatives of northern states - who, fearing that further changes in the freight rate structure would put Lake Erie and eastern states at a “disadvantage,” met here in a council of war yesterday to dis cuss a plan of action, : The conferees, representing ate torneys general and trade groups, discussed plans for fighting to pro= tect industrial states of the North from a possible move of industry to the South and West if “discriminatory” rate changes are made, Danger in Extension “There is a feeling,” said Attore ney General Hugh Jenkins of Ohio, “that the interstate commerce come mission order (giving temporary rate adjustments) is the opening wedge to change further the rate structure to the ultimate benefit of the southern states and to the dise advantage of Lake Erie and Eastern states.” ¥ : Jenkins, who summoned theother states to. the conference, said that effects of the recent I. C. O, order probably would not be as damaging as was first feared, but that the real danger lay in exten sion of such advantages.
South Had Long Fight The South and Southwest battled for six years for changes in freight rates which they charged favored the industrial North at the expense of the South’s growing industries. Others attending the council’ bee sides Jones were Attorney General Thomas H, Duff, Pennsylvania} Parker McAllister, assistant ate torney general, New York; H. T. Ferguson, representing the Wiscone sin attorney general; Henry E. Foley, representing New England governors; A. N. Schweitert, association of commerce, Chicago; W. H. Atack, representing the Du Ponts of Delaware; George B. Rob=
NEW FIRMS AND PARTNERSHIPS
Precision Sheet Metal Mig. Co., Burgess. pave metal, H. A. S. Emer: Charlie's Welding Service, Wade. Custom welding. ton, 1601 E. Wade.
1601 Charles Levings-
ton. ture. vania,
H. L. Ridenour, 4927 N. P
Bank bldg. Publication. 6319 Broadway. Mail Mart Press, 4024 Central order printing and book sales. W. Morrison, B, J. Morrison, 4024 Central.
ington st. Service station,
Leroy Shane, 2252 Pierson st.
5116 Hudson, 313
B Empire Trailer Sales, 3445 W. WashingDealer in house trailers and furniennsyl-
Fhe American Veteran, 3d floor Peoples Norman Pedigo,
Mail H
Shane's Standard Service, 6136 BE. Yash
inson, New York state department of commerce, and Charles Donley, special assistant attorney general, Pennsylvania.
WALTERMIRE JOINS MOLDTHAN REALTY
William N. Waltermire has joined the A. C. Moldthan Realty Co. as real estate salesman, the firm said today. Mr. Waltermire has been with the Railroadmen’s Federal Savings & "Loan. association for 12 years and was property manager for the ase sociation for several years.
-
1
long wait.
_| opened here its branch closed since the Japanese invasion, .
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