Indianapolis Times, Indianapolis, Marion County, 9 August 1945 — Page 24
SAYS INDUSTRY IN
~ EUROPE UNBEATEN
Foreign Commerce Weekly
Reports Many Cotton Mills
Ready for Use; Countries Also Have Plans For Air Transportation.
«
By T. W. KIENLEN United Press Staff Correspondent
: NEW YORK, Aug. 9—Americans generally probably carry around with them the impression that nearly six years of war left European industry, particularly in the smaller fought-over countries, in more or less of a shambles. But the Foreign Commerce weekly—published by the
United States department of commerce—in its current issue upsets such beliefs. Contrary to the many rumors current about severe damage to textile machines, a report from a reliable source shows,” the weekly said, “that cotton mills can put into action 2,900,000 spindles immediately — which represents a loss of only 300,000 from the prewar capacity of 3,200,000 spindles ~ in 1038, :
” » ~ IT APPEARS that the rate of production during the war years was very low and that the proportignately large number of idle machines that were stored suffered very little deterioration.” Declaring that if “in the future” all’ available spindles are utilized, the weekly said Czechoslovak cotton mills will need 6600 tons of cotton a month and emphasized that “afl the machines can utilize ‘good middling’ United States or similar cotton.” On the other hand the Czechs witnessed far greater destruction of their woolen and linen mills, » » *¥ DISCUSSING the pertinent question of air freight and the expectations of the man in the street, the Institute of America asgerts that “air freight planners don't see thelr services as competition for surface carriers, Instead
of a new and regular system of | Soo freight transportation by air, they | 200-
see development of a premium service offering speed where it is especially needed.” The greatest likelihood, the Institute pointed out, “is that G. L pilots will enter this field on a contract basis with little capital, one or » ” »
AMONG ALL the flood of comment on the overwhelming Rabor
vigtory in Britain, the “Outlook” |.
of Standard & Poor’s Corp., points out that there exists “the ultimate
prospect that, once British capital | Beet.
is permitted to leave the country, a substantial amount of it will seek investment in the United States.” Along the same thought lines is the statement in the latest issue of “What's Happening in Washington,” published by Prentice-Hall, Inc, that as a result.of the Labor sweep there will be less U, 8, private investment in Britain, “Had Conservatives won,” the publication said, “American firms would have built h factories in Britain instead ‘on the continent where danger of expropriation would be too great. ¥Now the Labor government will have to seek loans from the United States government. Only if government can borrow from government will much construction or expansion take place.”
er —————— PURELY SYNTHETIC WASHINGTON.—~There are no sulfa drugs or even sulfonamides of any description in nature as far as is known. They are products of
two craft, operate as ‘air| good ”
2215 PORKERS RECEIVED HERE
Livestock Market Remains Active and Steady.
The 2275 hogs received today at the Indianapolis stockyards sold at ceiling prices, the U. S. department of agriculture said. : Cattle totaling 975 held steady despite strengthening outside influences, and the 450 calves received were also unchanged. Sheep and lambs totaled 725, and they rounded out steady in spite of an early weak undertone. GOOD TO CHOICE HOGS (2275) £[email protected]
« [email protected] seseesvece 14.80
Pi Good to Choice— BJ 400 pounds ... 400- 500 pounds .. M
250 850 d pounds ........... Slaughter Pigs Medium to Good—
90- 120 pounds. ........... CATTLE (975) Steers
«. [email protected] . [email protected] « [email protected] [email protected]
[email protected] 5.00916.50
pounds pounds 1300 pounds . pounds dium-—
sesesccnnner
Me 700-1100 pounds 1100-1300 pounds .
. [email protected] . [email protected]
. 11.00913.50 . 15. 15.
[email protected] [email protected]
[email protected] [email protected] [email protected]
600- [email protected] 800-1000 pounds . [email protected] 600- 800 pounds ...eeveccses
sstessestane
sessessenene
Cows (all weights)
Cutter and common.. Canner i Bulls (all Good (all
weights) Sausage Good .yeriienene teeesnareee 12.00@12.°) [email protected]
Vealers (all weights)
Good and choice Common and medium . Cull . 5.00 Feeder and Stocker Cattle and Calves Chotce—~ Steers ’ 00- 800 POUNAS ............. 13.50014.75 800-1050 pounds ssesens [email protected] vessses [email protected]
Od 600- 80v pounds .. 800-1050 pounds . cerenee [email protected] Medium— 800 105) pounds «es [email protected] Common— 500-1000 pounds [email protected] CALVES (Steers) Good and choice— 500- 900 pounds Medium— 500 pounds down .......... (Heifers) Good and choice— 500 pounds dOWD ...ecees +o 14.00916.50 Medium— 500 pounds down [email protected] SHEEP (725) Ewes (Shorm) Good and choice Common and medium LAMBS Choice, closely sorted Good and choice .. Medium and good .
[email protected] . [email protected]
(Spring)
~ synthesis.
Has Solution for Fat Shortage
WASHINGTON, Aug. 9 (U.P)
~The solution of the fat and oils
shortage can be found in the hencoop, a withess told the senate small business complaints subcommittee today. Charles Pavia, Miami, Fla. testified that he has patented a method
of extracting oils from “fowl fats” ostriches.” He said he has been working a laboratory in his home. Pavia said he can extract one
from chickens, turkeys “and even on the experiment for 26 years in
gallon of oil from eight pounds of
foul fat. A broiling chicken weighing 3% pounds produces a halfpound of fat, he said, while heavier type chickens such as Plymouth
Rock and Wyandottes produced up
to 1% pounds of fat,
He read the committee a letter from Gallinger hospital in Washington hospital in Washington stating that kitchen tests showed his
product to be suitable for cooking
purposes and some medicinal uses,
FUEL OIL DELIVERY IS BANNED IN EAST
WASHINGTON, Aug. 9 (U. P.y— The petroleum administration. for war today banned delivery of fuel oil to large-scale East coast consummers who already have a 30-day supply on hand or who have ordered more than a 60-day supply. The restriction on invenfories will riot apply to homes in which three families or less‘ are living, PAW said. Large-scale users who feel that the inventory limitation will be a hardship may apply for an exception at the PAW district office in New York. The action was taken, the agency salfl, to provide sufficient fuel ofl to meet immediate military and civilian needs.
DEVELOP NEW TYPE OF AIRPLANE SEAT NEW YORK, Aug. 9 (U.P) ~— Northwest Airlines engineers in cotion with Mayo clinic scient~
have developed a new type of Justable airplane seat, it was an-
adjustable seat hes a hyadjustment, which does on the conventional can be stopped at ony g has lowered arm rests, le cover and simplified floor
ye
§ work aes, but It
nt only one of the“tomnes will have such sea lly all its planes wil
Tractor Output
Is Reported Up
DEARBORN, Mich, Aug. 9 (U, P.) —Ford-Ferguson tractor oute put today was reported mounting on a virtually unrestricted basis at Ford's Highland Park plant, Officials said that offices at Harry Ferguson, Inc. co-pro-ducer of the tractor, have been shifted to Highland Park from the Rouge plant, where tractor production was centered since mid1939. The cost of transferring machines was estimated at $1,750,000, The bulk of the current output, officials said, is for domestic distribution, The remainder goes to the armed forces.
LOCAL PRODUCE
(Prices for plant delivery) All breed hens 26.9¢,
|18s., white and barred rocks, 30 3-10c. All No. 2 poultry. 4c less Old roosters, 21.0¢ s Eggs—Current receipts, large, 44c; grade A medium, grade, 34c.
36'5¢; grade A 3c,
9c; N
INCORPORATIONS
Stendal Coal Corp, Stendal; agent, Pred Ferguson, Stendal; 500 shares of $100 par value; Wilbur B. Brady, Charles Brady, Pred Ferguson, Wendel Ferguson, Shelby Ferguson, Washington Warehouse, Inc., Washington blvd. and Calhoun st, Pt. Wayne; 250 Shistes of soo pat. alue! to hold real estate Lo Trevi tz, Joseph W Darrle 8. Lats, : Dye. ervice Co. Inc. New . Albany; , Basil H. Loteh Sr. New Albans shares withou. par value; * dealin
in autcmoblle ‘kccessories and su Basil i aren a Contes v. | ee 2]
Broilers, .{ryers and roosters under 5|%
No. |{
Bulter—No. 1, 80c. Butterfat—No. 1,|i: 0. 2, 3c.
ug pplies; Lore, |
This is the architect's sketch
$4,000,000 from the Alfred P. Slo nounced by Alfred P. Sloan Jr, fo Motors chairman.
which the City of New York has
cancer center in the world.
GRANT FOR CANCER RESEARCH IS MADE
NEW YORK, Aug. 9 (U. P).— Alfred P. Sloan Jr, chairman of General Motors Corp, has announced a $4,000,000 grant by the Alfred P. Sloan foundation to establish a Sloan-Kettering institute for cancer research at the Memorial Cancer Center. : Sloan said that Dr. Charles F. Kettering, vice president and director of research for Generalk Motors, will direct the organization of industrial research techniques for cancer research. The institute will study the causes of cancer and seek better methods” of treatment and possible cures for the forms of the disease that now resist treatment, Sloan said. Half the grant, $2,000,000, will be used to erect a building on property owned by the Memorial hospital. The other half will provide $200,000 a year for 10 years toward operating costs, Sloan said. Sloan and Kettering said the principle of atomic. research, used in developing the atomic bomb, also were used in cancer research.
ivat 2.50| The energy release that activates
the bomb may also be used in studying and treating cancer.
LOCAL ISSUES
Nominal quotations furnished by Indianapolis securities dealers:
STOCKS.
Agents Pin Corp Agents Fin Corp pid... L 8 Ayres 4%% "pid. Ayreshire Col com . Belt R Stk Yds com. Belt R Stk Yds nfd Bobbs-Merrill com .. ........ Bobbs-Merril 4%% pfd Central Soya com............ 35 Circle Theater com .. Comwlth Loan 5% pfd Delta Electric eom 2 Electronic Lab com. REEL 5% Pt Wayne & Jackson RR pfd.. 98% Hook Drug Co com . cares “aya Home IT Pt Wayne 7% 5 .i Ind Asso Tel 5%
2
9%
oo 10 1
15 51
110 118 24%, Indpls Railways com 19 Indpls Water pfd “ Indpls Water Class A com a Jeff Nat Life Kingan & Co pfd Kingan & Co com..... PR y Lincoln Loan Co 5%% pid.... § Lincoln Nat Life com ...4..... 53 P R Mallory pfd ..... 2 31 P R Mallory com ... : Mastic Asphalt rey N Ind Pub Serv §%.. Pub Serv Ind 5% Pub Serv of Ind com Progress Laundry com ... Ross Gear & Tool com..
3 5%
101
Sc Ind G. & FF 48%....... Stokely-Van Camp pr pf ..... Tere Haute Malleable U 8 Machine com United Tel Co 6%. .... Union Title com
20% 7%
3%
: BONDS American Loan 4%s 66........ Buhner Fertilizer 5s 54 American Loan 4's 60 Ch of Com Bldg 4)as 61...... Citizens Ind Tel 4'2s 61 Columbia Club 1'%s 5s Consol’ Fin 5s 56 Ind Asso Tel Co 32s Indpls P & L 3%s 70 Indpls Railways Co 5s 57 Indpls Water Co 3'%s %8 Kuhner Packing Co 48 54.... N Ind Pub Serv 3%s 73...... N Ind Tel 4'%s 55 Pub Serv of Ind 3%s 73..... Pub Tel 4'%s 55 sesnnnsd Trae Term Corp 6s 67 sess J H. J. Williamson Inc 5s 55... *Ex-dividend.
100 100
85 0... 9
98%
Clearings Debits
$ 4,741,000 cove 13,948,000
n—
We will gladly explais how COINSURANCE frequently makes this possible, Check ts possiities tomorrow.
| ¥
proposed expansion to make Memorial
5':| GREENCASTLE, Ind, 1, Guy
g1, died Aug. 4 at Laurel, ’1'2 was learned here today.
‘| period of thirt {| for opening of
“ |tained by depositing check for § v the Architect, Walter Scholer, 1114 State t
of the proposed Sloan-Kettering
institute for cancer research at Memorial hospital, N'Y. A gift of
an foundation has just been anundation sponsor and also General
The proposed building will be between the existing Memorial hospital and the proposed Dr. James Ewing hospital,
contracted to build as part of the hospital into the largest
Farm-Type Tires Top Peace Rate
WASHINGTON, Aug. 9 (U. PJ. —Production of civilian farm type tires now is topping the peace-time rate and is going
higher, Robert S. Wilson, the new rubber director, said today that enough tires for tractors and other fafm implements were produced in the past 18 months to wipe out” virtually the entire deficit of the first two war years. The rubber industry produced 1,103,361 farm-type tires in the first half of this year, compared with the 2,072,500 in the full year of 1941, the peace-time peak. Present schedules call for production of 2241000 tires this year, and 2,699,400 in *1946.
STRIKERS PICKET FT. WAYNE PLANT
FT. WAYNE, Ind. Aug. 9 (U. P.). —Approximately ‘1100 striking employees of General Electric marked {the first day of their walkout over a 20-month-old wage dispute by throwing picket lines around the {three plants here. A company spokesman said that production continued in spite of the absence of toolroom machinists, tool and diemakers and maintenance machinists, members of local 70, (A. F. of L.) of the International Association of Machinists.
in the plant become worn or are in need of repair, as this is the branch of work usually done by | those now striking. Production and maintenance workters other than those represented by { United Electrical and Radio Machine
| Local 70, are in Local 901 of the|
| Workers of America (C. I. 0), and {are not involved in the dispute | They have reported for work as | usual. .
‘DEPAUW GRADUATE,
THE INDIANAPOLIS TIMES L. Proposed Cancer Center
It is expected, however, that nor- ] .| mal production may end when toois
v Pi
By
EUROPE BUYING
U. S. Pinched as OPA Ceiling Prices Are Exceeded.
RIO DE JANIERO, Aug. 9 (U.P). European countries-in the last fortnight have stepped up their purchases of Brazilian coffee to such proportions that supvlies available to the United States have been re-
duced to a trickle, it was learned today. ' Furthermore, such purchases are being made at prices well above the ceilings fixed by the U., 8S. office of price administration. Until about two weeks ago only small amounts of Brazilian coffee had gone to European buyers at prices above OPA ceilings, but the unexpected purchase by Switzerland of 40,000 bags of coffee from private sources touched off the heavier, movement across the Atlantic. British Follow
Current European demand exceeds anything Brazilian coffee men have experienced since the start of world
war II, usually well-informed sources told the United Press. The Swiss purchase came just at a time that private quarters, receiving the support of the Brazilian government's subsidy, had begun
buyers. Previously American purchases had been made almost exclusively from National Coffee ‘department stocks, which sell only at U. S. ceiling prices. About 10" days ago, apparently following the Swiss lead, the British ministry of food began making coffee purchases here above the OPA ceilings and’ it was recalled that in April of this year Edward Green of the British ministry of food visited here and sought to acquire 1,000,000 bags of coffee for distribution in Holland, Belgium, Norway and the United Kingdom.
BENEFACTOR DIES,
Times Special Aug. 9.— Morrison Walker, university graduate and benefactor Miss., it
A retired lawyer and financier of
DePauw |
New York, Mr. Walker graduated |
from DePauw in 1890. He ewdowed [the university with lectureships, the
..|Walker cup awarded an outstand-
[ing senior, and a 200-volume library on China, Mr. Walker authored “Railroad
..|Rates and Rebates,” “Railroad and
| wages,” and “Interurban Railways,” and other articles in financial and transportation journals. | - ———————— | LEGALS 41 “ADVERTISEMENT FOR BIDS
The Board of Trustees of Purdue Uni-
.| versity will receive sealed bids for the
construction of a Nayal Science Building | located on the Mampus of Purdue Univer Isity until 10:15 a. m. (C, W, T.) on the 21st day of August, 1945, at the office of the Controller, in the Executive Building of Purdue University, West Lafayette, Indiana, at which time and building all bids will be publicly opened and read aloud. {Any bid received after the above desiginated time will be returned unopened. Proposals may be submitted for complete construction including (a) General Construction, (b) Plumbing, (ey Heating ‘na Ventilatirg (d) Electric Wiring and Light Fixtures Proposals shall oe properly and completel. executed on proposal form 96 with non-colluc*n affidavit required by Statutes of Indiana, and must be accompanied by Questionnaire Form 06-a State Board of Accounts for all bids of $5,0000.00 or more. Each proposa) shall be accompanied by acceptable certified or cashier's check made payable to the Trustees of Purdue university, or acceptable bidder's bond, for an amount of not less than 5% of total bid price. Contractor awarded work will be required to furnish acceptable surety bond n amount of 100% of contract sum. Wage rates on this work shall not be ess than the prescribed scale of wages
‘las determined pursuant to the provisions lo' Chap'er 319 of the Acts of General As- ‘ {sembly of Indiana of 1035
No bidder may withdraw his bid for a (30) days after date set ids Instructions to bidders, plans and spe cifications ‘are on file at the office of: R. T. HAMILTON, Superintendent of Physical Plant, Purdue University, State Board of Accounts, Indianapolis, Indiana. Copies of the documents nay be ob0.00 with , Lafayette, Indiana, for each se of . documents. so- obtained, The amount
GRAI
MUTUA
of the deposit for one set of documents will be refunded to each bidder who re{turns the plans and documents in good condition within 10 days after the opening of bids. The Trustées of Purdue University reserve ‘the right to reject any or all bids and to waive any informalities in bidding ! ! THE TRUSTEES OF ’ - FURDUE UNIVERSITY, RB. STEWART, Vice President ‘and Controller. Date: aon oli
August 3, 1045,
: g
Well
x
HASSOCKS Low ov $695 Large selection of styles and colors!
Double-Door
WARDROBES
Well constructed and. nicely fin-
50 ished in rich wal- 1 1
nut. Large, convenient clothes hanging space!
KNEEHOLE DESKS
Seven handy drawers, nice, rich walnut finish!
‘ .
Rar |)
CUR (Rd) XW NE
-
‘MORE COFFEE
to tender bids in volume to U. S.|
Good rn il
construction, 4 Roomy drawers which provide
"3 ROOMS in 2°
gine for airplanes emerges. But when it does emerge, it will fill a need long recognized in experimentation = with faster-than-sound (supersonic). flight “for more efficient sources of" energy.”
Some Waste Energy
Secret NACA reserach {or they army and navy had disclosed that propulsion engines “which operate through simple chemical reaction of fuels” are characterized by high fuel consumption “and a .staggering waste of energy.” NACA scientists estimated that an atomic engine will generate 8,000,000 times as much energy as present jet propulsion engines. And because of the small amount of “fuel” needed for atomic engines, the plane of the future will be vastly superior to present aircraft in payload capacity and range.
SEES EARLY END TO WAR'S STEEL NEEDS
NEW YORK, Aug, 9 (U. P)— Military demands for steel for prosecution of the Japanese war may be nearly satisfied within the next 60 days, the magazine The Iron Age said yesterday. Stating that consumption after that period will be determined by immediate requirements, the publication added that long-range needs
definitely will be reduced. “The first tangible indications that a home had been found for the bulk of ‘must’ requirements for sheet steel products came from last week's notification to the mills by WLB that third quarters sheet schedules: had been unfrozen,” the magazine said. :
}
Walnut Finished
4-DRAWER CHEST
built, all - wood
16%
storage spacel
PLATFORM ROCKER
Science Says Future Plane | Will Use Atomic Principle
WASHINGTON, Aug. 9 (U. P).—Aircraft scientists today envisioned an atomic-age plane capable of flying many times around the world at speeds faster than sound without refueling. ? The National Advisory Committee for Aeronautics said “Many years of research and development lie ahead” before a successful atomic en-
G. & 5. INNUGURATES ADDITIONAL FLIGHT
A fourth daily flight between Detroit and’ Evansville will. be inaugurated by Chicago & Southern Air Lines, Inc., on Wednesday, the com-. pany said today. The new flight, “The Hoosier Special,” is scheduled to leave Detroit at 3:40 p. m. and fly non-stop to Indianapolis, arriving at 4:33 p. m,, K. J. Howe, district trafic manager, said. The plane will arrive at Evansville at 5:50 p. m. The northbound schedule, “The Wolverine,” will leave Evansville at 6:30 p. m, leave Indianapolis at 7:47 p. m. and arrive in Detroit .at 10:40 daily. Also beginning on Wednesday, Mr. Howe said, “The Lone Star Special,” will leave Detroit” at 12:01 a. m. for Houston, and will fly nonstop to Indianapolis, Stops will be made #t Evansville. and Memphis and continue non-stop to Houston, the eight hour and 44 minute trip establishing the fastest air schedule between Detroits and Houston, Mr. Howe stated, This flight formerly left Detroit at 4:30 p. m. Chicago & Southern is able to
jadd the additional Detroit-Evans-
ville flight because of the return of ships by the army air forces, Mr. Howe said. On Wednesday the line will have 10 2l1-passenger DC-3 planes in operation.
WAGON WHEAT
Indianapolis flour mills dnd grain elevators are paying $1.56 per bushel for No, 1 red wheat (other grades on their merits); new oats, No. 2 white or No. 2 red testing 32 lbs. or better, 58c; corn, No. 3 yellow
shelled old crop, $1.14 per bushel, and No. 3 white shelled corn old crop, $1.25.
EE
HD Caton, fd -°
ht ™
ad
[4
Look What
* SOFA BED G:F * COFFEE TABLE
* THROW RUG
Soft, spring-
tilled sea
t
Rocks on dou- » ble coil springs. Nice quality b 1 ue uphol-
$9450
a W
$8.95
An ideal lawn chair, Hardwood
QR NL, nat. Kitchen. Complete! / . fi H300 Wg
ladder-~
ja .
wf LCI
EERE
COMPLETE!
You Get!
Comfortable spring construction throughAttractive covers!
Well built, nicely styled. . Walnut finish,
* 2 MATCHING END TABLES * ROUND HANGING MIRROR * SMOKER * MAGAZINE RACK
THURSDAY, AUG. 9, 1045
TIEUP THREAT 70 RIO PORTS
Dockhand Shortage ‘Slows Cargo Movement.
RIO DE JANEIRO, Aug. 9 (U. P.), —Shipping activities in this seaport, second largest in Brazil from the standpoint of traffic, are threatened with a serious tieup, responsible maritime quarters warned today. Santos, largest of Brazil's ports, already has seen its ocean traffic completely halted as a result of dockside congestion,
Anchor in Harbor
Ships now arriving nere are forced to drop anchor in the hare bor because dock facilities are jammed with vessels unable to unload or take on cargoes with any dispatch because of the shortage of labor, trucks and railway cars. Another difficulty confronting shipe pers is the fact that stevedores who unload ships .are_paid on the basis of. volume, whereas dock workers are paid by the day. Hence, there is no incentive méney-wise for dock workers to keep pace with stevedores and unloaded goods have piled up on docks and in warehouses in spite of everything the government has done to alleviate. the situation.
Hike Storage Costs
In an effort to force importers te remove their goods from dock warehouses the government has initiated a rising scale of warehouse charges, whereby storage costs increase drase tically every six days. The shortage of both stevedores and dock workers here was ate tributable to the fact that many have found better paying jobs in construction work. * As a result of the shortages and the refusal of importers to coe operate in movement of goods from the dockside, unloaded tonnage here has dropped from 1000 tons daily in June to 700 tons in July and for August is expected to dip to 40Q tons a day,
Samples -= Close-oufs!
’)
Daily, 9:45-5:15; Sat, 9:45-1P. M.
13 MONTHS TO PAY Small carrying
charge on deferred payments
* VANITY LAMPS
5%
base, attractive shade!
TLL EA [TEL A Q
n ASHINGTON
LILLE \ i