Indianapolis Times, Indianapolis, Marion County, 20 July 1945 — Page 13
eld together for posevelt is likely etim due to the |
and the south Truman trouble
setts, the house
s stuff to create |
-ferm limitation esponse. Some her sort because lity was directly ~analyzed it a8 ‘ry Truman,
|
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n at all, rather ‘|
t Congress defer ng until an ate
0 do away with }
actical,
was the |
arty together in |
riff program of
party really 18 §
d conscience, manner is moré ressible Senator
s his refusal te |
unity was Brete re were greater, ving more than national finance,
his penetrating
bol. He wanted h.), on his side h the party and
§
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uld be most em | s the Michigan | ‘rancisco confers |
« nator Tobey (R, of Senator Vane stanch isolations r way. He was 1 Woods confers addressing their rho undoubtedly
p. He proposed 15 a delay that program, if not,
defeat it to offer up now, R. Minn: —whe ganization in a
ho voted for the |
when the young |
port of the delay ument was that { President True
e Progressive ationist Senators Mom J~were 50 , at Potsdam. I$ i} lost. _Bemator
to set along by
)y Benator James pre held before & April and in May ect.,, Becore round vater lobby, wo more chances rigation subcome ¢ subcommittee, these fights. —that-there is a it is not as old well co-ordinated ion. Included in 1 Farmers” union ders, the A. F. of vocates, the sups hority who ende ot state,” and a recently formed 1. In early July
e Missotirl valley
rarted out to get r congress to cre=
get which the 31 are spouting at, other authorities r lobby wants to
es $ thority proposals nkin’s bill to die iné areas and pul tic seaboard east and. Ohio valley, Colorado valleys, yrnia authority té
| | |
dmittedly too fare
itchell proposes & htee northwestery
ies an Ohio valley , Ohio, Kentucky rest Pennsylvania,
tler B. Hare pros taking in ‘narrow
represent all the ing beéing done In
reclamation has ire west=roughly, to- some 20 valley kansas, Colorado, oh.
gs naturally wants
in -his bureau of
” ’
valley plan of his nizations making on his bugeau of son why no other ace it‘ y supervised flood
orting both idle as established ur. accustomed - to
| 3
i
. FRIDAY, JULY 20, 1945 _
BUSINESS- -
GIVE POST-WAR PRICE METHOD
OPA Works Out Formulas ‘For. Manufacturers.
WASHINGTON, July 20 (U.P. — The government still is hopeful of returning most consumer foods to the market at 1942 prices, according to Deputy Price Chief James F. Brownlee. : But since that will be impossible in many cases, he told a press conference late yesterday, OPA has worked out several pricing methods for ‘industries going into reconversion. He outlined the following indi-
vidual pricing formulas for three
classes of manufacturers: 1. Those above the $200,000 yearly
volume class, They- may add to October, 1041," costs any legitimate
increases in basic wage rates and in prices for materials and parts. To this adjusted cost they may add, to derive a ceiling, one-half of the industry-wide profit margin for 1936-39. They must fille application with OPA and receive an okay before selling above present ceilings.
Five Methods
2. Those who are in the $200,000$50,000 class. They may follow the same procedure or substitute their
own 1936-39 profit margin for one- | average |
half the industry-wide. profit whichever ‘is higher. They may mail the result to the nearest OPA district office and sell at this price after 15 days if they do not hear to the contrary from ‘OPA. 3. Those below the $50,000 class. They may calculate all their cur-
rent costs—wages, materials and all
others—and may-add to this either their own profit ‘margin of 1939, '40 or '41—wherever their bookkeeping began—or one-half the industry average profit margin of 1936-
Introduced today, it features the
ward speeds.
This is a front end view of the 1946 Oldsmobile, first of new General Motors cars since the industry went all-out for war production.
hydra-matic drive that eliminates
the clutch pedal and gives fully automatic shifting’ through four for-
MARITIME MEN ASK WAGE HIKE
Seen as WLB Chance to Change Policy.
WASHINGTON, July 20 (U, P.) — The National Maritime union (C. I. O) today had brought the war labor board the biggest minimum wage case since the textile workers’ dispute in which the WLB set 55-cents-an-hour as a standard rate. The new disputes will give WLB an opportunity to overhaul its minimum wage policy which a senate subcommittee criticized this week as inadequate and too cautious to eliminate substandard conditions of living for. more than 10,000,000 American workers. Bills were introduced yesterday
39. They may start selling 15 days 1h both houses to raise the nation's
after mailing unless OPA says no. The other two pricing procedures open to Industry are: products with old 1942 prices or wait for OPA to work out an indus-try-wide “increase factor.”
DOUGLAS REVEALS
Either tag
statutory minimum hourly wage from 40 to 65 cents immediately and to 75 cents in two years. They were in the form of amendments to the wage-hour act. The maritime unions. have asked WLB to raise seamen’s wages to a 55-cents-an-hour minimum. The senate subcommiitted said the WLB should consider any wage under
65 cents as sustandard. PRODUCTION CUTS! The séamen's unions are support-
SANTA MONICA, Cal, July 20 (U. P.) —Douglas Aircraft Co. today an-
nounced a drop of more than one-
third in its backlog of army orders and a 24 per cent cut in production reflecting army cutbacks for a one-
during the past six months,
front war.
The firm reported in a midyear statement that the backlog of. orders at the end of May, 1945, dropped
.aimost 35 per cent to $1,052,796,000,
ing their request for the WLB's present 55-cent minimum on grounds their present wages average 34% cents on hour. They are also asking time and one-half for work after 40 hours a week. They have a regularly scheduled 56-hour week:
Hike Would Ruin
Industry, Say Owners WASHINGTON, July 20 (U. P).
- —compared with . $1,612,059,000 thets—Shipping interests on the Atlan-
CHRET Before; oR
Planes completed in the: fost Sif of this year totaled 64,552,000 pounds —a 24 per cenf reduction from the
same period in 1944.
Employment at all Douglas plants dropped to 95,126 last July 1 from
a peak’ of 157,200 in August 1043.
U.S. STATEMENT
WASHINGTON, July 20 (U. P.).—Gov-
ernment expenses and receipts for the current flscal year through July 18 compared with a year ago:
tie apd Gulf coasts told a war labor
granting a 55-cents minimim’ wage in" the maritime industry “would destroy ' the American merchant marine.” John J. Burns, New York City, counsel for 37 agents of the war shipping administration on these coasts, said that American merchant seamen are the highest paid, best fed and have the highest standards “of living and working conditions of gny*seafarers in the
This Yea Last Year 1 Expenses $4.720.883,116 $4.704,805 420 | World. war Spending 4041808204 4023 1, a ceipts ..... 2 3,561,820 Net Deficit. 1245274624 3401043. soy 4810 VETS FILE ash Balance 31477550863 22678015. Working Bar. 28.114 50s 3 012 Ton. 903 In 10 months, 4810 Indiana war Public Debt. 261776800.178 208.545 401.568 | veterans have filed claims for re-
Gold Reserve
INDIANAPOLIS CLEARING HOUSE Clearings Debits
20,213,017,048 21,047,411,802
' 4,474,000 . 16,161,000t0day.
adjustment allowances under the G. I. bill of rights, Noble R. Shaw, employment security director, sald
Local Livestock Market Remains Active and Steady
An active session in the 2400 hogs 2 8 =
received at the Indianapolis stock-
yards today saw ceiling prices on
almost the entire supply, the war food administration said. The. 325 cattle, 575 calves and 250
P R Mallory com Mastic Asphalt * ............. N Ind Pub Serv 5%.... Pub Ser Ind 5%.......
GOOD TO CHOICE HOGS (2400) 120-140 pounds 140- .160 pounds 160 pounds up Medium — 160- 220 pounds
Packing Sows
Trae [email protected] Erie san ae [email protected] irae
sheep and lambs received went Good A Choice. ‘eo unchanged in a clean- “up Arade, anon. POUBCA ssrerevernnss . . 400- 500 pounds .......;...00 14.08 M ume 4 LOCAL ISSUES 350- 550 pounds ............. 12.75@14,00 Slaughter Pigs Medium to Good— Nominal quotations furnished by Indi-| 90- 130 pounds ............. [email protected] anapolis securities dealers: CATTLE (3925) STOCKS Bid Asked Steers Choice— _Agents Pin Corp com I. aan . Agents Fin Corp ofd .. - 19 20 900. 1100 ound: ROO hee ha ne Aral pd ........ 18°... 1100-1300 pounds .:..:.. 16.50917.90 rshire com Leen . , Bel R stk Yds comm “ : 314 39% 1300. 1500 pounds .....,. [email protected] ft RE Y48 Pp 83a ...-|"100- 900 pounds ... ves [email protected] Bopbs-Marril Cm... +veiie 818 *| 900-1100 pounds ... . 15:[email protected] Bobos-Merrill 4%2% pfd ...... 85 + [1100-1300 pounds ... © 15'[email protected] ental Soya com : 1300-1500. pounds [email protected] i neater i 1a 57 - | Medium — omwlt an 5% Dp 700-1100 pounds [email protected] Peta Elec com sssvasnanasi' I) 8 Reon Lay ein a on 3 100 1300 pounds Seats vevevann 13.15@ 15.28 aye ac on p Va 2 Heok reg Co eo 18% in 700-1100 pounds [email protected] Home IT Ft Wayne 7% pid . peas 2 *Ina Asso ‘tel 5% pfd ,....... ‘104% +... |Choice< Sy 600- 800 Ind & Mich BE 4'4 pid ....... 108% 110% ~ 800 pounds [email protected] Indpls Pea Lptd 114% 116 S100 pounds [email protected] jndpis Lepm .oovivnnnia M43, 23% |G 600- 800 pound : pls Raflways com ......... 18 19 P 8 vee [email protected] Indpls Water pfd .. 105 vv es | 800-1000 pounds « [email protected] Indpls Water lass A com ... 10% ....|Medium— fet Nat Life coi 7 rete 1 iw o-30 POUNAS suiiianiirnas [email protected] ngan 0 PIG uae ieneniii our Kingan & Co com............ oh ..| 800- 900 pounds ............. [email protected] Lincoln Loan Co "Sra Pi. 101 Cows (all weights) Lincoln Nat Life com “ Nn £3004 «coi aed re 138014. 25 P R Mallory ptd ....... Medium .......\....
12.76 Cutter and common. Canner
Beef— Bulls Su weights) Good (all weights
Pub Serv of Ind com ... 30%: 3003] gaudOoe st VEINS) c0vieaiis [email protected] Progress Laundry com. “ ‘rid Sslisage~ 2% Ross Gear & Tool com.....,, BH... MORI ol hr rapa in ig 1 *80 Ind O&E 48%. ......... nt ol Medlin 1120 Stokely-Van Camp pr pf..... 19% 20% and common ........ oN Hawa Malleable....... x, n CALYES (575) Shine com “ Yealis (all weights) United Tel Co 5%. «ves | Good and cholic 5 17.00 Union Title com... Common and mediuin | 6.50
BONDS
ig American Loas 4% 35... .... 8 100 eeder and Stocker Cattle and Calves Buhner Fertilizer 5s 54 Choice— Stee American Loan 4%as 60. ..... 98 ' 100 300. Joo Jounds rraianesens - 1. 2 4 Ch of Com Bld ie rere ; . Citizens Ind Te 1 “ Good- d 1 Columbig Club 1% «+e: 300-1080 Rounds . 300 13% ud Amo Tel Co 3i4s rire | 2500-1080 pound om 12.00 Indpls P & L Yas a ic Co pounds ...... cesses 10.25@13. AD Ry 4% [5300-1000 pounds |........... [email protected] Kuhner Packing C ean ; CALVES (Steers) N nd Le ry A ++++| Good and cholce— b Serr. of Tod tee Medium" Nauvannaness 14. 3016.00 Trac Term Corp 5s 67. 98's pounds ON iar Sins [email protected] | ¥ en idend. "''’| Good an | Lo - 800 pounds down Adlai dmey xa + [email protected] WAGON WHEAT "400 Bounds down,........... [email protected] i . , SHEEP (20) .. . ind opines (Shor) we Common and medi odin... 1. booq 00 Food : de NE IREi RS
Cnn Ere shar tra . 5.00@ 9.50
iia an a ll
board public hearing today that
Food Peddlers Combat Strike
NEW YORK, July 20 (U. P.).— Vegetable hucksters and pushcart peddlers set up shop today in front of striking vegetable stores in Brooklyn and Queens with city approval. Henry M. Brundage, commissioner of markets, told the vendors they would have full protection of the ¢ity to sell fresh fruit and vegetables on the streets in front of stores closed in protest of OFA ceiling prices. Brundage said more than 1500 stores were closed in the two boroughs since Monday. He said 100 licensed peddlers had been given the okay to set up business in the worst hit sections.
G.E;; WESTINGHOUSE SIGN NEW CONTRACT
SCHENECTADY, N. Y., July 20 (U, P.).—~The General Electric Co. license with the Westinghouse Elec tric Corp. in the field of electric lamp production has been cancelled as of Aug. 1 by mutual agreement. it was announced -today.--—— The companies have entered into
‘a new agreement under which each
company grants to the other a simpl¢ non-exclusive license under its lamp patents and patent applications in existence on' Aug. 1. The new license provides for no royalty payments and contains no limitations on quantities or prices at which patented lamps may be sold. No licenses are granted under future patents.
John B. Wolf Opens Agency
ES John B. “Wolf, for 10 years manager of A. J. Wichmann, Inc, Indianapolis insurance agency, this~ week opened his own agency in Room 852, Consolidated building. Mr. Wolf will handle all forms of insurance except life, and represents American Automobile Co: of St. Louis, Eagle Fire Co. Indiana - Insurance Co. Maryland Casualty Co, Mercantile Insurance Co. of New York and the Norwich Union Indemnity Co.
BANKERS TO MEET HERE TOMORROW
The regional conference of the American Institute of Banking will be held in the Lincoln hotel tomorrow for chapter officers from Wisconsin, Illinois, Kentucky and Indiana. : David T. Scott, national A. I, B. president, Boston, Mass., will be the speaker at the banquet closing the session tomorrow night. General chairman is William C. Grauel, Merchants National bank vice president, and local president is Justine Simms of the Indiana
4
[Trust Co.
Approximately 150 representatives are expected to attend the meeting which is one of several replacing the organization's national convention.
MAKE BOMB CASES CLEVELAND, July 20 (U., P.).— Three plants of Republic Steel Corp. have manufactured more than 10,000,000 of the metal cases for the M-69 fire bomb for the Pittsburgh chemical warfare procurement district, it was announced here today,
BRIDGE CONTRACT LET MEMPHIS, Tenn. July 20 (U. P.).—The contract for construction of ‘superstructure on the new $8,000,000 bridge across the Mississippi river at Memphis today had been awarded to Merritt, Chapman
75/and Scott Corp. of New York City.
NEW FIRMS AND PARTNERSHIPS
Sunshine Hattin Hatters, 3816“E. Washington. st.. Hat cleaning and blocking. James H. Johnson, 657 Erie st, Jiffy Lift Sales Co., 839 Ft. oe ave. Distrivutor of auto 2 w. Elson, 909 N. New Jersey st. Nu-Way Home Supply Co., 207 E. New York st. Plumbing, Beating: home appliances and supplies. J. W. Hochbaum, 207 E. New York st. Paris Cleaners, 2211 E. Washington st. Cleaners. ld A. Berger and Jacob Berger, 1828 N. Pennsylvania st.
INCORPORATIONS
e All Rite Co, Inc., 220 N. Perkins st., his ville; sgen Skillman, 1218 N, Morgan st., Rushville; ‘2000 Shisres without par value; to manufacture trical, gas, oil and steam a
A light fixtures, etc.; Ary Baa a AY aod Jack Sn
Cal t Sa ms nig haiason. i . Commun unity Furniture Stores, Inc, In1a i: amendment changing name - to " 8 i a FP 202
| |interstate.
RAILS IN WEST “ASK REHEARING _
Say Lower ICC Rates May Mean Bankruptcy.
CHICAGO, July 20 (U, P.).—The Association of Western Railways today had filed a petition with the commerce commission asking reconsideration of a decision
to reduce freight rates on manufactured products in the West and South and to increase rates in the East. The petition, filed at Washington,
D. C, was made public here by
William H. Dana, chairman of the association's ‘western traffic executive committee. In tHe petition, the association said the West would face the alternative of bankrupt railroads or higher rates on agricultural products, live stock and raw materials under the recent ICC class rate decision on manufactured goods. 22 States File -
In addition to the western lines’ request for reconsideration, peti-
|tions also have been filed on behalf
of 22 states. Reconsideration of the decision with respect to a permanent scale of uniform mileage rates. and for temporary rate adjustments would not affect the commission's decision with respect to preparation of a uniform freight - classification,” Dana said, explaining that railroads throughout. the country have agreed to undertake development of uniform mileage rates. Ask Postponement He said they objected, however, to the adjustment to 10 per eent above the present class rate level in the East and 10 per cent below the present level in the South and in the Western territory East of the Rocky mountains. Railroads in all districts also have asked that the effective date of the order setting the interim rates be postponed until April 1, 1946. They maintained the necessary tariffs could not be set and published by Aug. 30, 1945, the effective date set by the original order.
UNITED PREPARES T0 BUY 30 PLANES
NEW YORK, July 20 (U. P.).— United Air Lines today had disclosed its readiness to purchase at least 30 additional twin-engined airplanes to supplement .ts Present fleet. Sharp reductions in air passenger fares and the expected rapid increase in frequency of inter-city services after the war will necessitate a considerable expanded fleet, W.. A, Patterson, president, explained. ie
Af_nresent. inited. 29s. 66. twin- |.
engined Mainliners, af which 57 are! in active service and nine are in reconversion after being released from military service. Patterson said that, of the 30 additional twin-engirfed planes required, some will be Douglas DC-3s of the type now used by the coms pany and others may be of an en® tirely new type not yet on the market. He explained that twin-en-gined planes will be used not only for fast and frequent inter-city flights, but will connect at key points with the company’s fourengined Douglas DC6s, which fly from coast to coast.
PRODUCTION CREDIT MEN SET MEETING
‘Times Special BLOOMINGTON, Ind., July 20— Indiana production credit association directors with central offices at Bloomfield, Huntingburg, Muncle, Rushville and Scottsburg will meet at Indiana university July 23 and 24 for their annual conference under the auspices of the farm credit administration of Louisville,
treasurer —and assistant general manager of the Indiana Farm Bureau Co-operative association, will. be one of the speakers at the meeting. °
COMBAT TESTS : TO BE CONTINUED
DETROIT, July 20 (U. P.).— Chrysler Corp. officials announced today the firm will take over one of the two ordnance proving grounds and will continue to test and improve all types of combat vehicles. The vehicles include the M-26 General Pershing tanks which were used in the defeat of Germany as well as other types of tanks, army trucks, cargo carriers, tank recovery vehicles, and so on.
WABASH FACTORY PLANS EXPANSION
WABASH, Ind, July 20 (U, P.),— Officials of the mechanical goods division of the General Tire & Rubber. Co. today announced an expansion program looking to ‘the resumption” of civilian production. C. P. Bender, plant manager, said that a contract had been let for 18,000 square feet of additional floor space at a cost of $75,000 while additional machinery would hike the hg expansion cost to about. $500,DEVELOPS CLOTHES DRYER MANSFIELD, O., July 20. (U. P. —Westingtonhouse Electric Corp. today announced the development of ‘a completely automatic clothes dryer which has passed final preproduction tests and will go into 5| mass production as soon as facilipute and materials are available,
LOCAL PRODUCE pi haf ens
An
Pk
' THE INDIANAPOLIS TIMES.
ca
LaGuardia Fie
Officials concerned with LaGuardi City's great airport, for, controlling increased use of the field expected
them relative to weather conditions, what air levels to use,.and when and where to land. LaGuardia field is now one of the largest and busiest traffic control
the U, 8. civil aeronautics admin-
may be expected, and preparations for it must be made now.
Traffic Is Mixture
ticularly radio communication with ‘approaching planes,’
centers in the world, according to
istration. But, i} says, a tremendous {increase in business after thé war
Sg, MA Ae wr i
Id Plans for
Immense Post-War I raflic
By: Science Service - A NEW YORK, July 20.—Extensive planning is now under way by
a field on Long Island, New York
sky traffic because of the enormously |
in post-war days. This means parinstructing
ologists and aircraft communi-
cators.
They sit before inclined posting boards with movable cards on which are recorded radio reports of planes received from pilots when miles away. . As the planes approach the cards ‘are moved downward on the board, and off the board when the
These men rarely see the planes | whose progress they chart and di-| rect along the airways of. the world. |
—jcians today had introduced a safety |
“New York's problem is compli-
plane lands.
SLE A Th HE AR
PAGE 1"
EXCHANGE ORDERS CITIZENSHIP CHECK
NEW YORK, July 20 (U. PJ). The New York Stock Exchange has | ordered all member .firms to de- | i i tely the citizenshi Risine immediately Hi u hip, (civil aeronautics board hearipgs on “The exchange. has ruled.” the | {66 applications for new air service {notice said,. “that one of the’ es-| lin the Great Lakes area, the state sential facts which a member firm|chamber of Commerce revealed to should know with respect to each customer is whether the customer is a non-citizen of the U. S.
omy 1S SITE FOR AIR LINE HEARINGS
Indianapolis will be -the site of
day. The hearings will begin Oct. 1,
and so far involve 122 Indiana cities DEATH PAYMENTS uP land towns.
NEW YORK, July 20 . P)—| Indiana cities involved in appli Death benafit. payments ‘by insur- Rr TN 3 ance Mainly U. S. policyhold.{ cations by trunk-line operators are ers in the first five months of this Anderson, Muncie, Bloomington, year totaled $1,140,699,000, or nearly Elkhart, Evansville, Ft. Wayne, $75,000,000 more than in the cor- French Lick, Gary, Indianapolis, responding 1944 period, the Insti- Kokomo, Lafayette, Michigan City, Richmond, South Bend, Terre {Haute and Vincennes.
tute of . Life Insurance reported to-| | day.
cated,” the administration states. “Here, at LaGuardia field, is a mixture of foreign traffic entering the streams of domestic traffic coming from every part-of the continent centering at the country’s greatest metropolis. New York {is now, and will be increasingly, the terminus for intercontinental traffic.” Controlling sky traffic becomes increasingly important in bad flying weather. When instruments were developed to enable pilots to fly through storms and cloudy weather conditions, traffic control along the airways becomes necessary. Now, with many planes in the air in all kinds of weather, and scores converging on a spot like| New York and other great American fields, the pilot must be helped to the ground.
We wiv Don't See Planes
The pilot must ‘be given information relative to weather conditions and landing . conditions, and mus* be instructed at which .thousandfoot - level to approach, when to drop a thousand feet to a lower level, and when and on ‘which strip to land. Three kinds of govern= ment workers perform’ these services, air traffic controllers, meteor=
SAFETY GASOLINE IS DEMONSTRATED
NEW YORK, July 20 (U. P).— Aviation and oil company techni-
fuel for aircraft engines that packs all the power of 100-octahie gasoline but “drowns” a lighted match. Lighted cigarets dunked in =n ashtray filled with the new fuel are snuffed out, and engineers are willing to hold cupped hands filled with the fuel while flame is applied to the fluid. Andre Priester, chief engineer of Pan American, and E. V. Murphree, vice president of the central technical organization of Standard oil of New Jersey, said the fuel had been Proved practical in runhing tests.
INTL LR
|
AND AUGUST
SUMMER STORE HOURS
Mondoy Through’ Friday, 9:45 to 5:15
Saturdays, 9:30 to BY
ge
Ways to Car §
long while, -
1 Of course you MIGHT return to chauffeuring a soap-box scooter, if that car of yours doesn’t last... and last a good
Just figure your new-car chances
Marvin J. Briggs, Indianapolis, |
mr are 2c No.
this way: 16,000,000 new cars are wanted, It'll take at least 4 years to make that many. And yours may be one of the last.
The bird in hand. is worth two \
in the bush, So—
to Z—inflation to
+ Inpestion for cuts itching, attention
Here's how your Tydol Dealer insures long: trouble-free Car life:
vital points ally start.
Veedol Safety-Check Lubrication for every moving chassis part, with § specialized lubricants. Includes, at no extra cost, an inspection of the 18
2. Guard your present car's life. Take it regularly to the neighbor« - hood wear-fighting Champion. your Tydol dealer.
With the superb lubricants he uses, his up-to-date equipment, his all-around care, he’ll not only guard its life=he’ll ADD to it!
There's no time to lose. See your Tydol dealer now.
where breakdowns usu-
Hr Bh
Sibi os Sy 40