Indianapolis Times, Indianapolis, Marion County, 21 August 1945 — Page 8
‘Business—
GERMANY’S COAL
SUPPLY CRITICAL
‘Ruhr Mines Lack Men, Food, Homes and Transportation; General Destruction and Allies’ Red Tape Add to Hopeless Confusion.
ESSEN, Germany, Aug. 21 (CDN).—Western Germany
will fall nearly 50 per cent s
hort of the 25,000,000 metric
tons (2200 pounds each) of hard coal it has been “ordered” by the allies to produce between how and next May for the
liberated countries.
First Underwater Welding Photo
| {
Allied authorities admit that Europe will be extremely,
lucky if it survives this Win ter without serious civilian
disturbances due to the critical lack of fuel. There simply will not he enough for political, social,
or economic safety, let alone com- |
fort. Here are the reasons, based or) the opinion of experts and fortified by observations in a week's tour of
KAISER TO NEW RFC
$117, Million to
BET |
Aid Fon-
the Ruhr, which once produced %) tana Plant Employment.
per cent of all the hard coal mined |
in Western Europe:
1. Lack of manpower for the | mines. 2. Shortage of food and houses for the miners. 3. Crippled transport. 4. The general chaos and destruc-| tion in the 2000 square miles of the Ruhr, now Germany's greatest junkheap. 5. The incredible tangle of red) tape and overlapping agencies with which the allies festooned themselves when they began to organize the coal authority. » ” ” LAST SPRING the coal problem in Western Europe was investigated. | On the basis of this report, the| state department sent a terse memo to the White House, saying that unless there were a drastic increase in coal supplies for liberated Europe, violent disorder ‘was almost inevitable. The last week in July, President Truman sent an order to Gen. Eisenhower repeating the state department memo, It asked him, as the American member of the allied control council, to take every possible step to achieve export of 10,000,000 metric tons of coal from Germany by Dec. 31, and 15 million tons more by April 30, 1946.
{original
| WASHINGTON, Aug. 21 (U, P.).| Finance |
—T h e Reconstruction | Corp, will loan $11,500,000 for improvements of the Kaiser Co, steel plant at Fontana, Cal, the agency announced today. The RFC said the loan is being | made “for improvements and addi{tions” in order that the steel pant ‘may be converted to civilian pro- |
[duction and continue its Present]
{high level of employment.”
LOAN
h!
This is the first known picture
THE INDIANAPOLIS TIMES
|STATE BANKERS SET
DISTRICT MEETINGS
Dates for the nine regional meetings sponsored annually by the Indiana Bankers’ association were announced today by J. O. Sanders, association president and president of the First National bank, Huntingburg. The meetings, which will be attended by district bankers and their wives, are as follows: Sept. 25, region two at Michigan city; Sept. -26, region one at Ft, Wayne; Sept. 27, region three at New Castle; Oct. 9, region six at Terre Haute; Oct. 10, region four at Frankfort; Oct. 11, region five at Greensburg; Oct. 16, region nine at Indianapolis; Oct. 17, region seven at Wyandotte Cave, and Oct, 18, region eight at Evansville,
TO VACATIONISTS
BOON HELENA, Mont. (U, P) ~Gover-
two days off,
on those days.”
zation rules,
Employees of War Contractors—Must be paid time and one-half if they worked. The two days must be counted as work whether they were worked or not in computing overtime pay for the sixth and seventh days of work last week. The government must reimburse war contractors who make such payments, War contractors are not required to pay employees who did not work, ployees at straight time rates and President Truman is expected to direct that they be reimbursed for such outlay. All Other Wage Earners—President Truman “hopes that straight time wages will be paid to all wage earners who did not actually work
The war labor board has already ruled that any and all of these sepcified wage payments may be made without violating wage stabili-
TUESDAY, AUG. 21, 1945
|Here Is Victory Holiday Pay SE READY MARKET Schedule, According to U. S.|
WASHINGTON, Aug. 21 (U, P.).—Here’'s how the government says that workers should be paid for the two victory holidays proclaimed by the White House for Wednesday and Thursday of last week: Federal Government Workers—Pay° at straight time rates for the
FOR WAR VESSELS
WASHINGTON, Aug. 21 (U. P., —Government officials expressed confidence today that there will be ready buyers for a lar portion of
by the United Statgs during the war. : The pricé that Uncle Sam will get for these vessels will uncertain until congress acts the ship sales bill. But as of now it appear certain that more than half of t! ships will find an eager market. Is Adaptable Maritime commission officials se there would be little need for scra, ping and that the lay-up-fleet wou. not be the problem it was afte world war I—simply because the
However, they may pay such em-
the needs of commerce, Britain, believed to have replaced most of her shipping losses, is not
nor Sam C. Ford believes that the growth of airlines after. the war will make Montana, with its many dude ranches, lakes and other outdoor attractions, one of the greatest recreation and’ vacation centers | of the nation.
RADIO . FIRM BUILDS
P.).— The
“*
of an underwater welder at work.
This arc welder, working under 15 feet of water, was photographed through a porthole in the specially designed tank used to train welders
in underwater welding and cutting vision of the Panama canal zone,
operations in the mechanical di-
| Fim Announces 3 Appointments |
The new loan is in addition to an
of $111,805,000 made the
loan bv RFC for construction of plant,
Total indebtedness of
1. A 15-year 4 per cent first mortgage of $69,500,000, representing $58,000,000 sound value of present fixed assets plus the new improvements and additions. 2. A 25-year second mortgage for $34,510,380, without interest, representing the balance of the original loan invested in fixed assets. 3. A $10,318,000 note secured by 103,180 shares of 4 per cent first preferred $100 par value stock of Kaiser Co., Inc. Interest on the first mortgage loan and dividends on the preferred stock are payable during the first two years only to
» ” 2 IT HAD BEEN previously agreed
between the President and Winston |.
Churchill that 10 Downing st. would send a similar order to Field Mar-/| shal Sir Bernard L. Montgomery. The White House order would be meaningless, otherwise, because the Ruhr is in the British zone. i The experts predict, however, that they will fail. According to estimates, the Ruhr will yield 2,-| 500,000 tons for export by the new, year, April 30, only half of Truman's! goal. Exclusive of Spain and Portugal, which apparently will not be con- | sidered, Western Europe will have a coal “deficit” of 12,000,000 tons in
the extent earned. Present value of the plant, figuring depreciation, is estimated at $58,000,000, RFC said.
Kaiser-Frazer Corp.
Files in California
SACRAMENTQ: Cal. Aug. 21
(U. P.).—The Kaiser-Frazer Corp. |
formed by industrialist Henry J. Kaiser to produce automobiles on | the Pacific coast, qualified to do}
and another 10 million bY|y giness in California today by fil-| ©
{ing documents with the secretary lof state. The corporation was organized in | Nevada. It plans to issue 5,000,000 | shares of no-par value stock. G. G Sherwood, Oakland, a “director of
the plant | will be revamped and RFC will take | these securities:
H. S. Liddell A. C. Menefee Three new ss department heads were an=nounced today by the Insley $§ M a n ufacturing Corp. 801 N. Olney st., exca= vation and con=crete equipment manufacturers. Donald A. Koehler as com- D. A. Koehler modity director | will eo-ordinate procurement and | production schedules. Before joining the local firm. he headed the procurement division of the | Chicago bureau of yards and docks. Prior to that, he had his | own business, the Koehler Construction Co, Lincoln, Neb, H. Stanley Liddell, service man- | ager for two and one-half years, | {-will- manage the firm's order department, He will co-ordinate shipping and order processing | functions with production sched-
the last four months of 1945 alone, |) "ooo designated as Cali- | ules
a competent official estimated. Allied military requirements and es-
fornia agent
sential needs in Germany will con-|
sume another 8,000,000 tons. ” " = BRITAIN, once one of the world’ S| biggest exporters of coal, is in poor | shape to help. Nevertheless, it is making small exports by sacrificing fuel for home consumption. Estimates for Europe's bedrock | needs do not allow for heating of private homes. In Germany they do not even allow for hot water for civilians. These grave shortages apparently forced the U., S. to reverse its announced policy. Ickes said recently that the U. 8 would undertake to
ship 6,000,000 tons of coal to Europe |
by the end of the year. A month earlier he had said that the U, S. would fall short of its own needs by
37,000,000 tons, and would suspend |
foreign shipments in ‘September.
Copyright. 1945, by The Indianapolis Times | and The | The Chicago Da Daily News, Inc
STANDARD OIL FIRM.
ENDS RECONVERSION'
CHICAGO, Aug. 21 (U. P.).— Robert E. Wilson, Standard Oil Co (Ind.) board chairman, today announced reconversion. of the céompany's refineries has been completed. Reconversion Involved shutting down units making toluene and other special military products, but facilities used for 100 octane aviation gasoline are operated modified conditions, Davis said. The change-over did not necessi- _ tate any lay-offs, and none are contemplated; in view of the company's major post-war construction | program, but a reduction in over-| time was likely the company said. !
It's quite possible COINSURANCE can lower your rate, permit
I: FIL BIE
urider | 3
WPB Says Forks, Oils Still Needed
WASHINGTON, P.)—The war production
Aug. 31 (OU. board
today urged 21.000 volunteer sal-s |
vage committees throughout ihe country to “stav on the job” until the reconversion program has been completed WPB Chairman J. A. Krug said that tin can and paper salvage must continue, that fats and oils must be conserved “as much as before.” All these ma- | terials are scarce now and will | continue to be so for some time, Krug said. Krug said | and those
salvage committees who - have provided trucks for the collection of vage had done a fine job and he hoped they would continue to do so to help “avert shortages that might hinder reconversion.
sal-
Charles A. Menefee, who has been with the company for 18 vears, succeeds Mr, Liddell as manager of the recently reorgan-
1zed service department.
WEEKLY SURVEY PLANNED BY WMC
WASHINGTON, Aug. 21 (U, P) —The war manpower commission sald today it is instituting weekly survevs of employment to provide up-to-the-minute information on changes in labor market as reconversion progresses. Manpower Chief Paul V. McNutt {said the surveys would be based on reports from the nation's 166 principal labor market areas. They will show the extent to which cutbacks affect employment, and number of job openings, in area
|
the
the each
RAIL REVENU ES LESS WASHINGTON, Aug. 21 (U, P) —Operating revenues of class I railroads in July declined 2.3 per cent
LOCAL ISSUES
from the corresponding period of | 1044, the
Nominal quotations furnished by Indie|
securities dealers.
STOCKS
anapolis
Bid Asked revenues were
Agents “Pin Corp com . .s 2 Agents Fin Corp ptd . 19 20 L 8 Ayres 42% pld en 105 Ayreshire Col com svaasees 18 18 Belt dt Sik Yo ‘om . crate TVs elt R Stk Yds pfd .......... 83!» ri Me. rill com a Bobbs-Merrill 452% pie. : Central Soya com Circle Theater com Comwith Loan 57, pfd Jeita Electric com Bream Lab rom *Ft. Wayne & Jackson RR pfd § Hook prug Co com 18 Home IT Ft Wayne 7% pid.. | Ind Asso ‘iel 5% pid Ind & Mich FE 4%% pid . {Indpls P & L pid {Indpls P & L com | Indpls Water bfd { Indpls Railways com *Indpls Water Class A com Jeff Nat Life com | Kingan & Co pid |Kingan & Co com
Va P| Lincoin Loan Co 515% pid 7 100
Lincoln Nat Life om 59" 2 {PR Mallory pfd : 3% PR Mallory com 2 110 106"; 300,
Ross Gear & Tool com .....
5/80 Ind G & E 48 4 |Btokely-Van Camp pr pf
Terre Haute Malleable U.8 Mach.ne com . United Tel Co 5% . Union Title com BONDS American Loan 4lis 55, 100 Buhner. Pértilizer 5s 54 .... § Americen Loan 4'%s 60 . ’e 100 Ch. of Con Bldg 4'28 61 ..... Citizens Ind Tel 4'4s 61 ... Columbia Club 1's és Consol Fin 5s 56 ' ind Asso Te) Co 4'2s 170 indpls P & L 3% s 70 . Indpls Railways Co 58 57 .... 00 Indpls Water Co 3'%s 68 ... Kuhner Packing Co 4s 54. . N Ind Pub Serv 3's 73 .... N Ind Tel 4'2s 55 . Pub Berv of Ind 3's 73 Pub Tel 42s 55 whens Trac Term Corp bs 67 + 21 H. J. Williamson Inc 5s 55 . E3-dividend,
WAGON WHI EAT
39a
294,
Medium to Good—
a wey 700- 900 pounds
Railroads announced today Freight revenues were 1.5 per cent below July, 1944, while down
7.3 per cent,
th A. A. R. estimated INDIANAPOLIS CLEARING HOUSPE Clearings
Debits 16,853.00
|delayed had icontendere. N ical tubing);
| Surgical | American | Conditioning Corp.
Association of American |
passenger |
“ 1 § HRRT.000 RB
U. S. NAMES 23
IN TRUST SUITS
War Work PosOAA Action
At Earlier Date,
WASHINGTON, Aug. 21 (U, P) —The fustice department prepared today for early action in 25
{anti-trust cases that had been held
up during the war at the request of the armed forces, All the 23 companies or associations involved were engaged in war work and prosecution of the suits was postponed to prevent any interference in war production. The army and navy yesterday withdrew their objections. 10 Settled Assistant Arty, Gen. Wendell Berge said most of the cases could be brought_ to court speedily although it would take some time to
icomplete all of them.
He said 10 others that had been since been settled. for the most part by pleas of nolle Those now coming to trial ina volve Alleghany Ludlum Steel Corp. (stainless steel); Allied Chem- & Dye Corp. (dye stuffs); American Air Filter Co.; American Brass Co. (flexible metal hose and American Optical Co. Bausch & Lomb Optical Co.; American Surgical Trade Association Supplies; Association of Railroads; Auditorium
ing units), Name 14 More Brothers (open Central Supply Association
Bemis bags);
{ (plumbing supplies); Elgin National
Watch Co.; General Chemical Co.; General Electric Co. (three cases involving tungsten carbide, fluorescent lamps and incandescent lamps; Hamilton Watch Co.; Imperial Chemical Industries, Ltd.; New York Central Railroad Co.; Optical Wholesalers National Association: Smoot Sand & Gravel: Southern California Gas Co.; Waltham Watch Co.; William 8. Gray & Co. (methanol) ;« Merck & Co, Inc. (pharmaceuticals), : VOTE FOR STOCK SPL IT WILMINGTON, Del, Aug. 21 (U P.).—Stockholders of General Mills, Inc, today voted to split the com-
mon shares of the corporation on a
three for one basis { Under annual stockholders’ meeting, the authorized number of shares will be increased from 1,000,000 to 3,000,000 and three shares of new stock exchanged for each share of the old.
LOCAL PRODUCE
(Prices for ol lant delivery) All hreed hen a5 | Brotlers, fryers Bde roosters under 8 bs. white and barred rocks, 303c All No. 2 poultry. 4c less Old. roosters,..21.9¢ Eggs—Current receipts, 38%¢; grade
grade A A medium, 37¢; No S0e Butterfat—No, 1, 49%¢. No
+, 5300 Hogs and 700 Calves
Sell at Steady Levels Here
The 5300 hogs and 700 calves re- ' ceived today at the Indianapolis stockyards sold at steady “levels. the U, 8S. department. of agriculture reported. Cattle totaled a spotted terday Sheep and 3300 Lambs and ewes lost
1925, and showed improvement over yes lambs amounted to barely 50 cents.
were steady
GOOD TO CHOICE 120- 140 pounds 140- 160 pounds 160 pounds up Medium | 160- 220 pounds Packing Sows Gond ta Choice - 400" pounds Goode - 500 pounds Medium — 250- LB0 pounds Slaughter Pigs
HOGS $14.00 14 RO 14.50@ 14.80 « 1480
(53)
80- 120 pounds CATTLE (18%) Stedrs
Choice 700- 900 pounds 900-1100 pounds . 1100-1300 pounds 11300-1500 pounds "| Good —
900-1100 pounds 1100-1300 pounds { 1300-1500 pounds
15 00 16 50 #0 15.2890 16.78 | Ceakans areas 152581818
Indianapolis flour mills and grain eleValors Ny paying $1.51 per bushel fo a ii) 1 ‘wheat sto" grades on thel o white or No red ob or better, 54c: corn
3.y Na $1.14 per Chafee... - : and” y an ma i 5 re eos sian 800-1000 po
| Medium. | 700-1100 pounds’ ...i.iiivenan 13 25018 25 Tr 1100<1300 pounds’ ae 3 S0@1h 25
ri Common 21 1700- 100 | pounds Cas niabed gt ‘Heifers
seaveinens Te srbnnenndiien 15.
c13.2014.75
1 _— 19 | 500 pounds down
, 14 15@16 25 | ©
Goo e600- 800 800-1000 Medi im H00- BOO pounds iv ieiiiies Cemmon - 500. 900 pounds Cows (all weights) [email protected] 10.256112.25 7504610.25 625Q@ 1.50
. [email protected]% pounds . [email protected] » [email protected]
1050®12.60
Good Med mm i “utter and common anner Bulls (all weights) Beef Good (all weights) +i... 0 SANSAR Ow | Gooa { Medium . oe | Cutter and common . CALVES (70) Vealers (all Weights) Good and choice . Jommon and medium . [email protected] Cull 5.00@ 9.50
Feeder and Stocker Cattle and Calves
12.008012.7% [email protected] [email protected]
15.50 18.00
| Cholce— 500- 800 poiinds 800-1050 pounds rood ~ 500- 800 pounds 800-1050 pounds | Medium - | 800-1060 pounds ...ieeceninns Common 500-1000 pounds .... ea CALVES (Steers) {Good and choice 900 pounds
' 13.50@ 14,75 risen vesans [email protected]
+ 12.00013.50 [email protected]
+ [email protected] [email protected]
12.00@ 14.50 Heifers nod and choice 500 pounds down Mediume 500 pounds down .....
SHEEP (3300) Ewes (Shorn) Gond and choice [Common and medium ....... LAMBS (Spring) and choice
[email protected] . 11.75@ 14.00
Cond A Medium and good .. 301.00/ Commen, teaseaarerenaiinnens 10.00 1h.
(air condition- | |
| mesh
f the plan approved at the
»
1932 —RCA Laboratories originated micro-wave equip-
ment, which later was used in successful radar experiments:
1934—Echoes were obtained with microwave equipment set up near Sandy Hook: This experiment showed for the first time the potentialities of microwave radar:
1935 —An experimental microwave pulse radar system was developed by RCA laboratories: It was demonstrated to the » Army and Navy in 1936:
1936 —A lower frequency high power radar was supplied fo the Army by RCA.
same used in today's newest radar sets.
1937—RCA developed an airborne pulse radar. This equipment operated very satisfactorily for detecting obstacles such as mountains, and was also invaluable as an altumeter. It was demonstrated to the Army and Navy in 1937, and at their request was classified as secret.”
1938 —RCA started development of a practical altimeter employing FM principles. This and the RCA pulse altimeter later became standard equipment for the Army, Navy, and the British: A large quantity of altimeters of these types have been manufactured for controlling the height of paratroop planes at the time of jumping, for use in bombing enemy ships, and for other military purposes.
1938-9 —RCA Victor manufactured the first radar equipment purchased by the Navy.
1939-40 —Twenty high-power sets, based on the Navy's design, were developed and installed by RCA Victor in the Navy's important vessels.
1940 —RCA developed and built radar apparatus which was especially suited for use on destroyers, and apparatus designed especially for submarines. These equipments were among the earliest procured by the Navy, and have proved very successfuls
NEW PLANT IN EAST
ROCHESTER, N. Y.. Aug. 21 (U.|of 60,000 square feet,
1937 —RCA microwave radar was used to scan the Phila. 5 delphia skyline with cathode ray indication essentially the
expected to be a buyer of many | $300,000 bullding, alongside its main|of the American ships. However, plant here. large markets are expected to be The building will have a capacity (found in Latin America, France, and be used Poland, Norway, China, Denmark
Stromberg-Carlson Co.[for the manufacture of chassis for|/and the Netherlands, besides U. & {has begun construction of a new|radio and television sets.
shipping firms.
RCA’s role in the development of RADAR
1
mankind's new “sixth sense”
The story of Radar —the magic beam that enabled the United States Navy to sink a Jap battleship eight miles away at night s 3 + that helped save England in her darkest hours by detecting enemy planes : 1 : that automatically aims guns aod detects
submarines : : : this whole story is now officially released:
RCA takes this opportunity to congratulate the Office of ! Scientific Research and Development, the Army and Navy re- | search laboratories and all other elements of the radio industry for their splendid work in so perfecting Radar that it became one of our most powerful weapons in wianing the war;
Radar’s contributions in peacetime wifl be equally as grest s s 4 Ja making private and commercial flying even safer : 1 1 in detecting obstscles at sea 3 1 ; and in hundreds of other ways yet to be discovered:
As for our part in this great effort, we here list the major developments in Radar made by RCA
1940 —Experience in the manufacture of vacwum tubes made it pgssible foc RCA: Victor to be the first and only manufacturet in the United States to produce a radar tebe developed in England: RCA also produces many other types of radar tubes, incloding the cathode ray tubes of which RCA is largest manufacturer in the word: RCA’s unchallenged leadership in cathode tay tubes for radac was nude possible by extensive developments in television, since telesion; 00; requites high quality cathode ray tubes,
1941 —RCA Victor supplied receivers and indicators for the type of radar then used by the Army.
1942 —Loran, a system of long-range navigation; was manufactured by several firms, but difficulties were encountered because of size and weight of the receiver; In 1942 RCA Laboratories undertook the design of a simplified, compact receiver, and achieved such success that large quantities were ordered from RCA Victor and from other firms instructed in RCA's design, and other types were discontinued,
Some of RCA developments; are of major importance in developments of other concerns engaged in radar manufacture;
RCA gave complete design and instruction to other firms in altimeters, tail warning devices, bombing devices; tubes; Loran receivers and other radar equipment designed and developed by RCA.
Several hundred RCA specialists were abroad during the war servicing radar and communication services for Army and Navy equipment made by RCA and other firms.
RCA was represented on the National Defense Researcn Committee and on-other government technical committees on war activities,
RCA engineers have been loaned to government laboestories for special radar projects.
RCA has co-operated with England in rade projects
How RADAR works
The boy, who yoo-hoos at a cliff and hears the echo, is in effect illustrating the radar
is reflected. Radio also has echoes. But, of course, radio travels much faster than sound; it travels at the speed of light, 186,000 miles a second. Knowing the speed of sound and
w
principle. The sound strikes an object and «
light, also the time elapsed before the écho is heard, distance can be measured. For instance, knowing the velocity of the radio wave, and by recording the time required for the echo to come back, the distance to the object that reflected the signal can be determined. #
Ee] a of America
30 ROCKEFELLER PLAZA, NEW YORK 20, N. - Yi
the vast merchant ship fleet buili
new ship crop is better adapted to |
TUES]
Ms.
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