Indianapolis Times, Indianapolis, Marion County, 11 September 1945 — Page 8

VESS—

Top Benefit Is $20 or More |

By NED Seripps-Howa

WASHINGTON, Sept. 1 ers will receive unemployment

Jects his recommendations.

STATES RAISED UNEMPLOYED PAY

n 25 States With 78 Per Cent

Of Covered Workers, Survey Shows.

BROOKS rd Staff Writer

1.——Most displaced war workbenefits approaching the sums

#idvocated by President Truman even though congress re-

This was revealed today in social security hoard studies " as defeat appeared certain for the President’ 8 proposal to

use federal funds te supple- | ment state jobless aid and thereby raise individual bene-| fits to as much as $25 a week |

for 26 weeks. The board studies revealed that | . the states, with nearly $7 billion | in the unemployment reserve fund, | aave made marked progress in. inweasing the amount and duration | sf (heir benefits during 1945 legisative sessions. The board, which has supported] wpplemental federal grants, con- |- edes that the liberalization of state | aws is “impressive” and provides ‘better protection against unemaloyment to larger numbers of workers than before.” Pay Up to $28 { Thirty-two of the 44 legislatures n session this year increased the| naximum benefits or the duration) if the benefits, or both. As a result, : according to the “yoard’s survey, the maximum week | _y benefit is now $20 or more in 5 states which have 78 per cent if the covered workers. The maximum duration of beneits is 20 weeks or more in 31 statés vhich have 80 per cent of the covsred workers. In actual operation, the Council sf State Governments points ouf, hese ratios are even higher beause states which have the most iberal benefits also have the great- _ st concentration of war workers. "Michigan and Connecticut have ‘aws under which benefits of $28 nay be paid—$3 higher than Mr. lruman’s proposal. Washington

{

SENATE WRITES A COMPROMISE

i, 8. Funds : May Extend Pay but Not Amount.

WASHINGTON, Sept. 11 (U. PJ. —A proposal by Senator Arthur H. Vandenberg (R. Mich) that federal funds be used to extend the duration of state benefits is expected to be the basix for a senate finance {committee rewrite of the administration’'s $25-for-26-weeks jobless {pay bill today. The coimmittee holds its’ second

closed session today on the controversial measure proposed by | President Truman. It expects to]

do a drastic rewrite job which will probably knock out altogether the

tsuggestion thatthe federal-govern—1{

ment. use its funds fo raise state pay to $25 for a maximum duration of 26 weeks. Instead it will probably adopt the Vandenberg plan with a possi-. ble amendment to extend the state benefifg 50 per cent beyond their present duration, Under such a‘ provision a state paying $20 a week for 20 weeks would pay $20 a week for 30 weeks {with the federal governmenf re{imbursing the state for the extra 110 weeks. .

Discuss Travel Pay

ind Utah can pay as much as $25, Nevada $24, New Jersey $22 and .New York, Massachusetts and Ohio | o 381, ¢ © Sixteen Pay $20 = Sixteen states have fixed {op senefits at $20 a week, They are| Alabama, California, Illinois, In-| a, Maine Maryland, Minne

ota, New Hampshire, North Caro- |

lina, North Dakota, Pennsylvania, South Carolina, Vermont, West * Virginia, Wisconsin and Wyoming, Maximum weekly payments permitted by other states are: $i8—Delaware, Georgia, Idaho, Towa, Louisiana, Missouri, Nebraska, Oklahoma, Oregon, Rhode Island, Texas. $16—Kansas, Kentucky. $15—Arizona, Arkansas, Colorado, Florida, Mississippi, Montana, New Mexico, South Dakota, Tennessee, * Virginia. Five states — Illinois, Maryland, New Jersey, New York and Wash-ington--have provisions for paying benefits Tor 26 weeks. The period proposed by the President, Benefits in 25 others range from 20 to 23 weeks, Governors Led The move toward liberal payments by states was initiated in May, 1944, at the governors’ conference in Hershey, Pa, as a post-war reconversion measure, As a result of the governor's appeal, 25 states boosted their weekly benefits and 28 increased the length of payments. ‘The 12 states which pay maximum

‘benefits of less than $13 represent 3

less than 10 per cent of the covered workers,

INCORPORATIONS

Whitley Mfg. Co, Ine, South Whitley; agent, Forrest R, Bratton, 1621 EK. Jackson st, Elkhart; 1000 shares of $100 par value; to manufacture trajlers and gene erally deal in machinery; Forrest R. Brat ton, Cieorge Greiner, J H, Kash Rainier Purniture Corp. of Zisnaville, Ind, 180 8 Main st. Zionsville; agent Bette Mendenhall, same address; 200 shares preferred of $50 par value and 2000 shares ~common without par value; . Rainier, Clarabelle Rainier, F

2112 8 Main st, A. Rohrer, 2206 1000 shares Class A common of $100 par value and 4000 shares! Clas B common of $100 par value; to manufacture tools and dies and engage in general machine shop production; Seth | A. Rohrer, Robert D. Ringenberg, Br. vert M. Reynolds, Sr Greenfield Frozen Food Market, WwW. No st., Greenfield; agent, Webb, same address:

, Ine Agent. Seth Prairies st. Elkhart;

Inc, Dale 10 shares of $100 pu value: O. L, Terrel, Wallace N. Flint, ugias Hayes. Kraft Cheese Co. Delaware core oration: admitted te Indiana to mantsacture and sell cheese, confections, dairy products, ete.

Inc.

C. E, Stephenson & Co., Inc, 406 State Life bldg. Indianapolis 4 agent, James R Clements, same address; 1000 shares without par value; import and axpott business; Robert L. Stephenson, Carl Stephenson, James B. Clements, Bima | Stephenson, Carl EB. Stephenson ‘ Glenn Tire Sales, Inc, Muncie; dissoluton Pairview Finance Co., Inc¢., Indianapolis: dissolution, fayette Beverage Distributing Co., Ine LaFayette; dissolution.

U. S. STATEMENT

WASHINGTON, Sept. 11 (U, P.) Coy. srnment expenses and receipts for the current fiscal year through Sept, 1, compared with a year ago This Year Last Yea

Expenses ...$ 17,228,622.478 § 11,874,880, 185 War Spending 14,861,250,535 16,318,689, 25 Receipts ... 6,051,367 508 5.067.939, Net:a®ef 11,177,262, 471 12,806,040,290 | VES Cash Bal... 17.300,638.606 185.405 797, 096 | Pub Debt... 263224,880,682 211.262.5085, 883 |

20,086,221 540 INDIANAPOLIS ol BARING HOUSE Sitarings

20,905,408,487 |

I Fon Curramn a gydrnde grads, 33c: pullets, 06, | COINSURANCE can Butter—No. 1, 80o. Butterfat-No. 1 |H No, 2. 36c, { lower your rate, permit insurance at no greater cost. Ask us for complete details.

« Real Estate Bonds

’ 8.018.000

Bonds of the United States Government, Its Territories and Insular Possessions * Municipal and Corporate Securities

Indianapolis Bond and Share Corp.

{36} V3. War, Bonds and Stamps

Other provisions which the com- | mittee is expected to retain include | | social security coverage for federal ‘employees and maritime workers “land a modified form of travel pay home for displaced war workers. The administration bill, as in- | troduced by Senator Harley M.

the government shall pay travel up to $200 for workers moving from war work to other employment certified by the U. B. employment service, Senator Robert A. Taft (R. 0) told reporters that the committee may change that to give the war worker a choice of travel pay either to his home or to new employment, ‘Meanwhile the committee is continuing to receive answers to telegrams which it sent out to the states

To date 40 states have replied. Twenty-four have informed the committee that they either are prevented by their laws from accepting the funds or would have considerable difficulty doing so. Sixteen have said they could participate in the program. Eight remain to be heard from,

LOCAL ISSUES

Nominal quotations furnished by Indisnapolis securities dealers: 8T

CKS Bid Asked Agents Fin Corp com... TH Agents Fin Corp pfd 20 L 8 Avres 43% pid Ayrshire Col com 10% elt R Stk Yds com.......... 3%

Belt R Stk Yds ptd .......... S14 Bobbs-Merrill 41% pd ‘entral Soya com . *Circle Theater com Comwith Loan 6% Cons Fin Corp pld ‘Delta Electric com Electronic Lab com Pt Wayne & Jackson RR ‘pid.

p

Hook Drug Oo om a | Home IT Ft Wayne Jn pid... 51 ‘he Ind Asso Tel 6% «0 108 oy *Ind & Mich B 4 2% pid... 106 . 108% | 500- 800 pounds ...issveveass 13.00013.50 Indpis P & L pfd .......,.. 12% 118% | 800-1050 pounds ..eeessevssss [email protected] Indpls P & L in Tas Enh 28 28 um = indpls Water prd............ 1086 © ...| 800-1050 POUNAS .iiviesevesss [email protected] Hinde Railways com «17% oe Common. Indpls Water Class A com. > 19% ie 500-1000 pounds ...cvvversien L.75Q10.26 oe Nat Life com. ..........5, 15 . CALVES (Steers) (Kingan & Co pfd .. ........u0 70 7“ ’ Kingan & Co com 4% 5% Good 3nd IS > [email protected] [Lincoln Loan Co 8%% pfd .. 07. 100 |, ;00- 00 pounds ..........eee ; Lincoln Nat Life com 5 Medium. 12.00016.50 P R Mallory pid asi, 800 pounds OWN ..... .ciauns Qo P R Mallory eom 22'% Heifers Mastic Asphalt a “ 8%, | 000d and choloe N Ind Pub Serv 5% ...ieeen. 108 110 500 pounds down vo [email protected] [Pub Serv Ind 5% :...uv.iee 104 108 Mediumes Pub Serv of Ind com ......... 33 34%, | 500 pounds down codes 1L18014.00 1B ogress Laundry com ..i.... 11% ae SHEEP (2500) oss Gear & Tool com sary 41 . 80 Ind O & E 48 110% 113 Ewes (8horn) Stokely-Van Camp pr pf ..... 19% 20%, |Cood and choles ............ 8.000 6.00 | Terre Haute Malleable ....... 1 5% | Common and medium 350@ 5.00 {U 8 Machine com .........et, 3 3% “Lambs (Spring) {United Tel Co 5%....iiivevis MN... Good ANA cholO® .. .ivevives [email protected] Union Title com ops" 30 | Medium and g00d:........s ++, 10.759 11.78 American Loan #3 85 «....v. 98 100 COMMON ..cobiasssnsnnsshnnee 9. 10.00 uhner Fertilizer 5s BM....... 0s American Loan 4%s 60. ...... 08 100 WAGON WHEAT Ch of Com Bldg 4%s 61....... 0 “ans Citizens Ind Tel 4's 61.....108 awh {Columbia Club 1%s Bs. ... 80 8s Indianapolis flour mills and grain ele {Gonsol Fin bs 6 We | cos. Mtors are paying S155 per bushel for { nd Asso Tel Co ys 70..... 108 No. 1 red wheal (other thdes on thelr {Indpls P & L JVs vasa i merits); new oats, No white or No Indpls Railways Co = 31 iv 88 2 red testing 30 Ibs or Batiet 85¢; corn, {Indpls Water Co 3's 68.....107% ...| No. 3 yellow shelled old $1.14 per i Kuhner Packing Co 4s 54...... 9 «++. | bushel, and No. 3 white corn old N Ind Pub Serv 3'4s 73... 10 wens |GrOp, $1.28 IN Ind Tel 4'a8 58 : MH | Oa * {Pub Sery of Ind Ju 7”. “es Pub Tel 4% “ anh Tras Term a [A] ” H J Williamson Ino 5s B5..... ”" ee

*Ex-dividend.

LOCAL PRODUCE

“Kilgore 1D. W. Va), provides that|

concerning their ability o. accept federal funds under the bill, | Medium

250+ G60 pounds ..........e [email protected] Slaughter Pigs Medium to Good-~ 90 120 pounds + [email protected] CATTLE (2250) Chofce— Busers : 700- 900 pounds «ees 16.25017.50 900-1100 pounds .... « [email protected]% 1100-1300 pounds .... . [email protected] 1360-1500 pounds [email protected] Gooa 700- 900 pounds . . [email protected] 900-1000 pounds .. [email protected] 1100-1300 pounds .... [email protected] 1300-1500 pounds .... « [email protected] 1 700-1100 PpOUNAS «ivvnevrnrnss 12.,[email protected] 1100-1300 pounds «.cocsnsne a, [email protected] Common. 700-1100 pounds ......ovvnies [email protected] Chotce— Heifers 600- 800 pounds .....c..oin0 [email protected] 800-1000 pounds ..eveireenans [email protected] Good 0600+ BOO pounds ..eec.ioiverse [email protected] 800 1000 Pounds severncnnsene [email protected] Mediu 500-. 900 “pounds Nieabanknsans 12.00014.50 Common 500- 900 pounds .....c.oieenee 10.009 12.00 Cows (all weights) CROOR - anvsunis vine sin sak nnn [email protected] Medium FPR 9.159Q11.75 Cutter and common “es 1.000 9.75% Oanner ‘oe 5.50@ 1.00 Boel Bulls ll welghta) } Good (all weights) «connie 12.00Q@13.%0 Sausage— CIO0B uvvivrsnvivrnsnsvessns 11.00912.00 MedfUm oh ane rn . [email protected] Cutter and common « 8.000 9.75 CALVES (47%) Vonlors (all weights) . | Good and choice . « 16.009 16.50 Juthmen and medium ... +10. nash

am Cleaner

of 50 field hands.

U. 8. Rubber Co. engineers. In a

a THE IND Picks Cranberries

Working just about like Ma's vacuum cleaner, the machine pictured above is a new mechanical cranberry picker, said to do the work It is shown being demonstrated at Grayland, Wash, by A. V. Anderson (left), who invented and developed it with aid of

single operation, it harvests and

cleans the berries, draws off weeds and dust and deposits the fruit in container in rear, from which Shey are drawn off into small boxes.

| ately-owned ‘|manufacturing company in Mexico,

7100 PORKERS “RECEIVED HERE!

Prices Remain main al $14.80 Maximum.

There were 7100 hogs received at the Indianapolis stockyards today, the war food administration reported. Sales were active at the $14.80 ceiling. Receipts also included 2250 cattle, 6% calves and 2500 sheep. Steers and heifers were 15 to 25 cents higher than last week, while | vealers, Which opened steady to- | day, closed 50 cents lower. Slaught= ier Jambs were weak, ewes firm.

GOOD TO CHOICE HOGS (1100) >,

Packing Sows Good to Choice 270+ 400 pounds .eevierinnen da 400- 500 pounds ..ecieevesens 14.08 Medium~

"Wesdes and Stocker Cattle ‘and Onlves

(Prices for plant delivery) All breed hens, 24.00. Leghorn .hens, 22.8¢. Broilers, fryars and roosters under white dnd barred rocks, Legho' 2 spring All No. 2 poul Old roosters,

|

ers, 28.5¢. 3 4c less,

and Preferred Stocks

A

A 3 It's quite possible

120- 140 pounds .....iiaevis $14 00614 80 140- 160 pounds .....e0i00s + 145001480 160 pounds UDP ..ies cosines 14.80 Medium « 160+ 230 potas — ver LOTS

Work Confinues On ‘Flying Wing’

“LOS ANGELES, Sept, 11 (U. Po. { —Continued post-war development of the secret “Flying Wing" and other military planes was planned. today by Northiop Aircraft Co, although the firm's

order backlog has been cut near-

ly two-thirds by military can-

cellations.

General Manager Lamotte T.

Cohu told a press conference that

the company’s backlog has

dropped from $141, 000,000 to $51,000,000, half involving military plane development.

Northrop's pay roll has dropped

from 8300 workers to 5400 since the war's end, Cghu said.

[MEXICO FORMS -

ELECTRIC FIRM

1U.S. Interests Aid Financing

Of $15 Million Concern.

NEW YORK, Sept. 11 (U. P).— American and Mexican interests have drawn up plans for a priv. $15,000,000 electrical

the investment banking firm of Kuhn, Loeb & Co., announced here today. 4 The announcement was made simultaneously in Mexico City by Luis G. LeGorreta, director general of the Banco Nacional de Mexico, 8. A., who will be president and director of the new company, which will be the largest privately-owned concern in Mexico. The company’s name is Industria Electrica de Mexico. Of the $15,000,000 capital in the new - company, $5,000,000 in bonds will . be subscribed by Nacional Financiera, 8. A. of Mexico, agency of the Mexican government. The share capital of $10,000,000 will be subscribed in approximately equal proportions in the U. 8. and Mexico. td Westinghouse Electric International Co. has prepared estimates and designs for a large electrical manufacturing plant, the initial unit of which will cost $10,000,000. Equipment and machinery for the plant, which will be located near Mexico City, will be purchased in the United

| States as needed, when the necessary priorities and export licenses!

I. C: VIEWS TRADE

are available. . The new company will manufac ture or assemble motors, transform= ers, generators, switchboards and switchgear. refrigerators, home radios, and household appliances

“junder agreement with West

licensing and for technica] assist~ ance. Limited output i§ scheduled before the end of next year and full production is expected before the close of 1947.

LA PORTE JOB AWARDED LA PORTE, Ind., Sept. 11 (U. P.), —A $6,000,000 construction and remodeling program was planned today at the La Porte plant of the Allis-Chalmers Manufacturing Co. A contract for the, work was awarded yesterday to the South Bend architectural firm of Charles W. Cole & Sons. Cole said work on the project would begin tomor-

row.

an

400 Plymouths a Day at Evansville

DETROIT, Sept. 11 (U, P).— « Plymouth division. of Chrysler "Gorp. today .announced that it would be producing 400 cars a day by the” end of the year at its Evansville, Ind. assembly plant. In the division's first statement about new car production, President D. 8. Eddins said he had not determined the date on which the first complete Plymouth would be turned out. “Plymouth is reconverting in Detroit, Evansville, and Los Angeles as quickly as it can,” he said, “but we won't announce the new car until we are able to sup~ ply them to dealers and customers.” ‘Evansville is an assembly unit only. Motors are made in Detroit, as are most other parts. Bodies are produced by Briggs Mfg. Co. at Evansville and Detroit.

CANADA RESUMES MEAT RATIONING

OTTAWA, Sept. 11 (U. P.).— Canada resumed meat rationing today and Donald Gordon, chairman of the wartime prices and trade board, said it was for “the sole purpose of getting more meat to {liberated countries and to Great Britain.” Meat rationing in® Canada, first imposed in May, 1943, was suspend. ed on March 1, 1944 Fish and fowl, Gordon said, will not be rationed. Under the plan each Canadian will be entitled to two pounds of rationed meat each week,

WITH S. AMERICA

Two Illinois Central railroad executives will leave New Orleans today to study the possibilities of

Latin — America as a market for

sale of U. 8. products and a source of material for use in this country. ‘The men who will make the survey are Phillip A. Webb Jr., general traffic agent at Chicago, and Jose M. Giralt, general agent at Havana, Cuba.

NEW FIRMS AND PARTNERSHIPS

The Sea! Tite Co, 427 E. Washington st, Combination storm windows and doors. Shermon, 251 Marathon ave., Dayton,

Tnd. Ladies’ wearing apparel, Alice Green-

gard and Dorothy Jane Greengard, 3641

Guilford.

‘iments if they can show a loss on the

‘| where costs are unavoidable: trans-

Ohio; 8. R. Gordon, 2110 Emerson ave, Dayton, O, : Dorothy's 1500 Main st, Speedway City,

OPA LIFTS LD ON LOSS ITEMS

il Let Manufacturers

‘Raise Prices.

WASHINGTON, Sept. 11 (U-P.). —Producers, beginning Sept. 15, will be allowed to make price adjust-

manufacture of their items under existing ceilings, the office of price administration disclosed today. However, OPA explained, individual ‘price adjustments will be subject to certain conditions. No adjustment will be made under the provision that could be effected under supplementary orders 118 to 119, the reconversion individual adjustment orders dated July 23, An appendix to the adjustment action contains a list of commodities now covered by regulation that do not have adequate provisions for price changes. The list contains a wide variety of goods, from raw materials to consumer items, the ceilings of which caused some hardship to manufacturers. Applicants for relief must manufacture one or more of these items. In addition, the manufacturer must show that his business as a whole has been conducted at a loss in the last three or four months, or will do so immediately as a result of recent industrial changes. Furthermore, he must show that the loss is “for some basic or persisting cause” and not attributable to seasonal or temporary factors affecting operation” reduced production below normal plant ‘capacity; payment or unlawful wages or excessive salaries or unjustified prices for materials; payment of voluntary wage increases under a recent executive order; current pverhead costs that are dbnormally high in relation to sales..value,.except

actions with affiliated firms that are different from “arm’s length” bargaining; and set-aside funds for war reserves or other purposes,

BOWS TO STATE BOARD

HAMMOND, Sept. 11 (U. P).— Plans were in preparation today for a new sewage disposal plant for the town of Highland. The town board ordered the plans started to comply with a state stream pollution control board order to

cease pollution of the Little Calu-

1600 Lost Tob: Here Last Week

‘THERE WERE 1600 workers let go in in Indianapolis last week, while 850 obtained jobs and 8569 jobs remained unfilled, the war manpower commission reported . today. » Of the jobs open, 12 paid under 40 cents an hour, 269 paid 40 to 50 cents; 5569 paid 50 to:75 cents. and 2478 paid ; more than 75 cents an hour. In the state's seven largest areas —Indianapolis, - Gary - Hammond, South Bend - Elkhart, Evansville, Ft. Wayne, Muncie and Terre Haute—an estimated 6200 workers were displaced last week. That compares with 7600 the week before and 38,000 in: only four of the seven areas in the week ending Aug. 24.

MONEY AT HIGH

WASHINGTON, gept. 11 (U.P) — Money in circulation rose $150.000,000 during the week ended Sept. 5 to a new record high at $27,750,000,000, the federal reserve ys disclosed today,

Review your Investments

Today, the careful investor reviews the status of his securities regularly, and makes prudent changes when such action is indicated. As a part of our brokerage service, we maintain an Investment Research Departmerit, which regularly issues timely and informative repons,

Write today for our latest Weekly Stock Survey-

THOMSON & MSKINNON

SECURITIES « COMMODITIES

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