Indianapolis Times, Indianapolis, Marion County, 28 September 1945 — Page 31
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FRIDAY, SEPT. 28, 1045 = RN BUSINESS— -
W WAGE BOARD “MAY ASSIST WLB
Official Say Group Would Be Administration Instrument "TT Formulate National Wage Policy. By CHARLES H, HERROLD United Press Staff Correspondent
WASHINGTON, Sept. 28 (U. P.).—A new tri-partite
E war labor board may have to be created shortly by Presi- | dent Truman, official sources disclosed today. The board would be the administration's instrument for formulating: future national wage policy. It would
sina 0 wna 1075 PORKERS RECEIVED HERE
wage cases which have piled up in WLB offices here and Most Livestock Trading Still Active and Steady.
in the 12 regional WLB offices since the end of the Japanese war, These include 600 applications to ‘® reduce wage rates for. civilian proThe 4875 hogs received today at the Indianapolis stockyards sold actively at steady levels, the U. S. department of agriculture said.
f duction in plants: which formerly made war goods, 200 fo raise wages] | upon being granted price relief and } 150 to raise wages which would increase the costs of materials to the The week-end meager cattle supply of 700 moved quotable on a steady basis, and the 500 vealers lost their recent gain of 50 cents. Slaughter sheep and lambs to-
federal government, taled 1200 and sold steady.
» AT SOME WLB: ‘Hhembére | were said to feel that the. tisk of processing these cases should be turned” over to the labor department which, under Sec-
retaty Lewis B. Schwellenbach, is assuming full resporisibility for the
settlement, of trial disputes. GOOD TO CHOICE HOGS (48%) There i & g that a continu- | 120-140 pounds ...eesveess . [email protected] ing ageney ‘under Schwellenbach| 140- 160 pounds ..... oe 145001480 instead of the liquidating WLB |edit 0 «rromiesees nw should decide the cases because the | 160 320 pounds ............. [email protected] decisions’ forfii She basis for long-| Packing Sows term goverment policy. 2H0- 00 Bounds recavserss 14.08 John W, Gibson, special assistant|dood— ~~ U to Schwellenbueh, disclosed mean- | Megnume. ot 108 while that'he was hopeful that the | 250- 850 pounds . ........... [email protected] oil thdustry conciliation conference | yreaium to oughta Hip .in Chicago would develop a formula] 90-120 pounds ............. [email protected] that could-be adopted nationally for CATTLE (100) the séttiemment of the many disputes |hoices oo poungy' 1 pn arising out of union demands for 900-1100 pounds ©. we. [email protected] higher wages. 1100-1300 pounds .. oe [email protected] » an 1300-1500 pounds .... «es [email protected] NATIONAL trends, Gibson said,| soe-1100 bounds ..oirriitil 182001075 11 00 ds . . usually follow the first industry, 1300-1300 is MI + 1 : : wide settlement reached between Snes Sounds ... . 12.75015.25 labor and management. 1100-1300 pounds ,.. [email protected] Schwellenbach announced that a CTo0-1100 pounds [email protected] | special committee has been appoint- Cholse— ER ed to develop a study on which to| 5065 J5@11. base a new cost of living budget. Gosa- Spas ? : Bag nds 5... caine [email protected] ig group iclndts Tee rae i. Joe-1000 BO er ‘tive of business and the department Hind ih, pounds ...icvenerses 13.26@ 14.76 of agriculture. The committee, now | 500- 900 pounds ...,........ 10.00012.25 in session here, will work under a Cows (al weights) i congressional appropriation. Wana v ean dl eh a [email protected] The chairman is Hazel Kyrk, Uni- | Guster and common. 1 1.00810: versity of Chicago home economics |® Ppa 5.500 7.00 professor. Other members are Dor- | Sest—~ ’ othy Die pol “serieul g 200d (all Weights) ......-. 12.00913.50 fPtural “experiment station; Amy| ypequg ill agile i Hewes, Massachusetts state college; | Cutter and common... .. 8.00@ 9.7
CALVES’ (500) Yeuiene All weirhts)
Emily H. Huntington, University of California; L. E. Keller, Brother-
* hood of Maintenance of Ways Em-|Good and choloe ............. [email protected] Dloyesh (A110; Boranus Mitchell Sapna matun... 1 Sg ot T=! . Pesder and Blocker Catfl search department; L. Donald |choer Tlie and Calves 3 < Montgomery, United Automobile| S00- ve ieakayerve. 13.500714.70 i Workers (C10): Howard Myers, e100 POUNAS uinsasenes.. [email protected]
committee for economic development, ahd Margaret G. Reid, de-|, j« partment of agrieulfure. The budget will be ready for use next June 30, the labor department said.
500+ 800 pounds .«..virveviss 12.00013.50 =1050 POUNAS +.soewssevine [email protected]
1080 pounds ....eeveeeves [email protected]
Common 500-1000 pounds ,.. . 8.750103
CALVES (Steers) Good and cholce— 500- $00 pounds .,......ve0.s 14.50018.00
$asnnsan
UM - y 35 000 APPLY FOR 500 pounds down al ass 12.000 14.50 ) Good and choices » ‘ 500 pounds dOWND.......v.sis 14.000 16.50 Medium WHEAT INSURANCE 500 pounds down, ....... «i 31.96@ 14.00; SHEEP (1200) : More than 85,000 Indiana farm- od Ewes (Shorn) ; yers have applied for wheat crop G and SROM08 Lo sre saesnens 38 $n insurance, L. M. Vogler, agricul |%""* * SUL tural on agency state
chairman, said teday. DeKalb county led all others with (c applications totaling 1370, Mr, Vogler stated. Shortage of farmers to serve as salesmen handicapped the work in many counties, he added. Deadline for sign-up was Sept.
NEW FIRMS AND PARTNERSHIPS
ay Drill Extracting Serv
#15 N, Gray st. Tap Teingyal, wi Hughes
15. on wheat seeded this fall for Jr., 915 N. Gray Gol dberg Industries —— 607 Security General buying and selling. Goldberg, 001 Security Trust bldg.
MILK SUBSIDY Agriciture Department
agriculture department will carty through its long-standing pledge} to increase milk and butterfat sub-| | sidies to producers on Oct. 1, Secretary Anderson's office sa to-
wage board to take over the stabilization functions of the da’.
subsidy program because of the end of the war.
was announced last April by War Food Administrator Marvin Jones.
go up throughout the country on Oct. 1 from 13 to 17 cents a pound for butterfat and an average of 25 cents a hundred pounds for milk. the subsidy payments per hundred pounds of milk go up from 35 to 60 cents. In Pennsylvania, New York, Texas and New Mexico, they rise
state it goes up from 45 to 70 cents.
| decided by the agriculture depart
180] pressed himself as anxious to gét
1% CROP LOANS READY,
2 RAIL RETIREMENT
DUE FOR RAISE
Hike Starts Oct. 1.
By EARL RICHERT Scripps-Howard Staff Writer WASHINGTON, Sept. 28.—~The
No change has been made ® thel The subsidy program for a year
60c In Indiana Under it, the subsidy payments
In Ohio, Indiana and Kentucky,
from 45 to 70 cents per hundred; in Colorado from 55 to 70 cents. In seven California counties where production costs are high, the milk subsidy is increased from 55 to 80 cents. In the remainder of the
Expire in, March
In two countiey in Tennessee, the milk subsidy goes up from 45 to 70 cents while elsewhere in the state it is. increased from 35 to 60 cents. Milk subsidies go up from 456 to 70 cents. per hundred throyghout Alabama, except in two ¢olnties where “ they jump from 65 to 90 cents. J The increased payments, designed to cover increased feed and labor costs during the fall and winter season, remain effective through next March. They will not, however, result in a great cost increase to the government because of the seasonal production decrease.
Wants to End Subsidies It is estimated that subsidy payments for the next three months will be $137,700,000, only $700,000 more than during the July-Septem-ber quarter, For the January-March quarter, it is estimated that $144. 900,000 will be paid. What will be done about dairy subsidies after next March will be
ment and congress. Practically all the $568,000,000
subsidies for the year ending next] June 30 will be exhausted by then. And Secretary Anderson has &
out of the subsidy business as soon as possible.
FARMERS ARE TOLD
Applications for crop loans are being accepted by the emergency crop and feed loan office, farm credit administration, the office said today, Loans for harvesting of crops for market are secured by a first mortgage on the crops, and are due Nov. 30, 1945. Loans for the production
first mortgage on the. crops, and loans for purchase 6f production of livestock feed are secured by a first mortgage on the livestock to be fed. The latter types are due Aug, 31,1946. * Pleld supervisor for the service is Leo M. Stadtmiller, whose office is room 425 Federal building.
BOARD WILL MOVE
The railroad retirement beard will move Monday to new quarters in room 309, Kesge building, H. L. Alberty, district manager, said today. The board is now located at 15 E. Maryland st.
"EASTERN AIRLINES ", ON 40-HOUR® WEEK 3"
ete, Manning W. Goldberg, 607 Security Trust bldg. Metro Claaners, 3925 KE. 10a, cleaning
harvest next spring. Lut bldg. Masning Interests Co., 607 Security
s+ Establishment of ‘a 40-hour week | Roy D. Wilson, 848 N. Gran ! * : y anapolis securities dealers: without reduction’ in take-home | Stokes Jeudiry. Shop, 33 E Waning. STOCKS Bid Asked pay for all ghound nnel oF ae ae ave. W. Watkinson st. gory om esi vh “ha. Eastern Airlines. » WAS AD=ig.ia Pe merchanaie e snd cece (I LS 8 Ayres ros, AW bid 1 108 n x nounced vesterdsy by Capt. Eddie pores. Sierman st; Bue Fisher, 3437 W.| Belt SER Six k Yds i” 3 »" Rickenbacker, president and gen- Washington st.’ BAI SST W. : Belt '® stk Xds pid ......... ne eral manager, ‘the. local Eastern [ton 5 Who Wholesale retail Ea Bobbe Merril Sin » Jaton 8%... office said. $18 and accessories. Herman L. Ridenour, | Central Soya com ..... ad, a % This step is in ‘line with the| Memore Novel Faull ot. 010 Odd Fellows A Ha JETTA, | REE firm's policy of establishing the play, Novels, Floyd L. Wesver, York Qons Pin Corp pid ... vs ixmsasilll ig basis of peacetime opsiations, Capt. i Blecironis Lab com | Sw en , ollows close- ayne & Jackson RR pid. 01% 04% Joga backer of $25,000,000 wort} INCORPORATIONS *Hook Cocom 10 of planes and equipment, reduction | ,qume Market, Ine. Indianapolis: fad ro Tu I " Foi in passenger fares, re-opening of |amendment changing name to Chase & Par pte Yan 3d... 1004 14% many war-closed stations along Ce ervey Inian- mais om, 1. yer ere 3.» w Eastern toutes, and the announce spol; meried iis, Bald Loo Cream Co | C1020, Wate Glass A oom. 140s 0 ment of the line's new Detroit- prefe hates Wg Se tue 10a 1500 *Indpls Railways com........ 1%... 0s. shout preferred Loar a us Jeff Nat Life com............ 15 sn Cleveland, Miami serv a Hig Bi ek oe Go. Inc. Shelby: |Kingan & Co ptd............ 0. 0 Nov. 185, vile: Amendment reducing capital stock Bigs 200 Co sh pid ua th Lu i —— 10 306 Shates no har Yhlus And desighating | Lincoln Nat. Life com ....... 8" United Airlines 4 ills, resident bY Wa in other amend. To Take Same Step Alr_Servios, Inc. Wellsboro:
» CHICAGO, Sept. 28 (U. P)~— hie Ia pal Hunt, First Nations) Bank
Ground personnel of United Adr
Lines, Inc., will go on a 40-hOUf|Densi W nnell. week effective not later than Jan.| Globe Laboratories, Inc., 8 ¢1, the company announced LD di om hares. of 8
LOCAL ISSUES
Nominal quotations furnished by Indie
served more than two years at
authorized by congress for dairy!’
of winter grain are secured by al’
SAY GOST OF LIVING
‘| ported’ that prices of living essen- , | war IL
* | statistics released figures covering
| years,
MAJ, WILLIAM B. ENGLER,
THE INDIANAPOLIS TIMES Advertising News—
William B. Engler Named Times National Manager
who returned to civilian life ‘this week, was promoted to national advertising manager of The Indianapolis Times, according to an announcement made by Louis D. Young, Times advertising manager. Maj. Engler was group intelligence officer in the 9th bomber
WEEKLY SALES OFF IN-STORES
City Shows 16% Gain Over Last Year. CHICAGO, Sept. 28 (U, P)—
division of the 9th air force. He
air bases in England, France and Holland. He has six battle stars for engagements in World War II in addition to four battle stars from World War I. Maj. Engler is married and resides at 920 E, 49th st.
Maj. Engler
» 2 # ELSIE, the Borden cow, is now making her appearance in newspaper advertisements on behalf of the Borden Co’s homogenized milk. The agency is Young & Rubicam, New York. » = » THE THREE SISTERS advertising account is now being handled by the Russell Stevens advertising agency. ... John J. Larmer, former consulting director of A, Robert Snyder Co. of Dayton, O, has been appointed director of the Evansville Co-operative League. . The Typographic Service Co. has moved its plant to the Graphic Arts building at 215 N. Senate ave.,' occupying the entire street floor. Arthur 8. Overbay, “Typo” president; ‘made - the announcement in~an attractive mailing piece sent to the entire advertising fraternity. ., , . Lea A, Stur« geon, formerly advertising “man= ager of The A. Burdsal Co, is now advertising director of the Midland Building Industries, Inc,, 907
E. Michigan st. 2 » »
LYMAN HUNTER of station WISH, will be the lecturer Thursday night at the advertising practice course at Butler university, sponsored by the Agvertising Club of Indianapolis. n » . JACK H. MUNRO has been appointed advertising manager of the Indiana division of Sterling,
Inc, effective Oct, 1. The Sterling, Inc.
stores in Indiana consist of
Outfitting Co. on E, Washington st. and
Mr. Munre stores in ‘Anderson, Muncie, Richmond, La Porte, Goshen and Elkhart, Ind. Mr, Munro who resides at 2838 Central ave., has been a member Indianapolis
of The Times advertising staff for the Mast seven years. Prior to that he was associated with the Omaha Bee-News Stsint later with the Omaha World-
make -hix ‘head~ FER 128, Pe
SIMULAANEOUS with his ‘appointment ns advertising manyy “Mr. Munro announced the selection of Russell Pletcher as _ art director for the Indiana division of SterlFletcher until. last week was a chief petty officer in the U. 8, navy, He was assigned to both naval and WAVE recruit-
Mr, Fletcher ing in the navy recruiting office in the Eleectrie building for the last 21% years. Prior to entering the service, Mr. Fletcher was chief artist at The Times.
UP 31% DURING WAR
WASHINGTON, Sept. 28 (U, P.). —The labor department today re-
tials rose 31 per cent during world
The department's bureau of labor
the six years between Aligust, 1939, render last month. The bureau said food prices advanced 50 per cent; clothing, 46 per cent; housefurnishings, 45 per cent; fuel, electricity and ice, 14 per cent, and miscellaneous goods and serv foes, 24 per cent during the six
“Rents, the only major group to remain relatively stable over the
LOCAL PRODUCE
period rose 38 per cent the” * {bureau sald,
trade
home amount for every classifica- 8t., Jeffersonville; agent, — Bei Yh, “Bs details of the pian will be an-|AREE EMT: Suiboaring Corp, 1hi i a dntpiorized api * STEEL SINKS, PIPES Pax value sad other amendmen. DECLARED $ SURPLUS wi evi Me 11, Wighs
% Tod Tel 4%8 88. .....o0.. Serv of Sis 1 [ew rp 58 61... .... 94% HJ tne be 55... 04 5 A
3%s 73...... nu
won the
Manhattan,
busses,
papers, . .
Ine,
Ad-of-the-Month Awards HAL SCHULTZ, chairman of the Advertising club of Indianap~ olis' Ad-of~the-Month Committee, announced the winners of the Adof -the-Month awards for August at the Ad club luncheon in the Athletic Club yesterday noon,
The Ad-of-the-Month in newspaper color was awarded to the H. P, Wasson Co. for an ad that appeared in The Times. . . . L. Strauss & Co. was winner in the larger than half-page black and white newspaper advertising, The advertisement appeared in The Times and The 8Star....The award for smaller than half-page black and white newspaper advertising went to the Wm. H. Block Co., and this ad also appeared in The Times. , . . In the magazine classification the A, & P. Tea Co. award for an ad in: Women's Day. .. . Keeling & Co,
Corp. of Massillon, O., ner in trade papers, the advertise ment appearing in. automotive . ‘The outdoor and poster award went to the General Outdoor Advertising Co. for an advertisement of the Milk Foundation. Charles J. Pettinger is the agency. . . . The judging was done by a committee selected by the Advertising Club of Cincinnati.
Raybestos Signs HAL R. KEELING, president of Keeling & Co., Iné, in the Chamber of Commerce building, has an~ nounced that their advertising agency had acquired the Raybestos account effective Oct. 1. The Raybestos division of Raybestosis located in Bridgeport, Conn, It makes brake linings, brake blocks, clutch facings, fan belts and hose for trucks, tractors and passenger cars. The account was previously handled by the LeQuatte Agency of New York.
FEAR AFFECTS BODY WASHINGTON. ~Fear or hatred may definitely check the flow of gastric and pancreatic juices, and of bile.
Residents of the Midwest seventh federal reserve district spent less
the week ending Sept. 22 than in the preceding week, the Chicago Federal Reserve bank sald today. Dollar Volume sales, however showed a larger gain over last year's corresponding period than the gain recorded in the week ended Sept. 15, the bank said. Indianapolis registered a 16 per cent gain; Chicago's increase was 14 per cent; Milwaukee and Detroit showed gains of 11 and 10 per cent, respectively. Up 13 Per Cent
Comparing the Sept. 22 week with last year's corresponding date, the district as a whole exceeded the 1944 figure by 13 per cent, Gains in the three and four week periods ended Sept. 22 from similar periods of 1944 were 6 and 3 per cent for the whole district, Indianapolis stores showed the greatest increase, 14 per cent, in the three-week period. Milwaukee sales {rose 9 and 8 per cent. Chicago reported an increase of 7 and 4 per cent. But Detroit showed losses of 2 and 3 per cent.
Mallory Names | Harold Buell
Harold C. Buell has been appointed assistant to Ray F. Spar-~ row, vice president in charge of sales, P. R. Mallory & Oo, ~Ine, reported today, Mr, Buell was associated with the American Bank Note Co, as general manager of the com- § pany’s Chicago oid division before HC. Buell joining the Mallory company.
FEWER FARMS BUT LARGER CHICAGO (U. P.).~Illinois. has lost 6958 farms, but gained nearly 600,000 acres in farmland since 1940, according to the 1945 census of agri-
‘money in department stores-during
Prforitios Don’ t Always: Ve U. S. Surplus Buyers Find
By ROGER W, STUART ! Scripps Howard Staff Writer 5 WASHINGTON, Sept. 28.--Sometimes it pays not to. ave ¥ pron. ity—-especially when it comes to buying surplus property. - Priority buyers, such as government agencies, states, municipalities, and veterans, usually get thé cream of the crop. But often they have to pay dearly for the privilege. k They're the victims of “escalator prices.” They buy an item for a high price, only to find the same thing selling for-much less a little. later.
_Meefings
Realtors
Buyers Yell
They can—and do—yell about it. But that's all; they get no adjust ment. Escalator prices have been fixed in the sale of many surplus articles, A notable example is liferafts, The first batch of liferafts which became surplus were sold by the navy on the West coast for B50 cents apiece. They sold like hot| cakes, Then the maritime commission, | designated by the surplus property (* board as disposal agency for most marine goods, suddenly called a halt. The commission decided to do the selling.
Prices Cut But nobody knew just how much the rafts should bring. So a price estas appraisal by the Amerie. of $50 was fixed for good used ones.) ... Institute A a: Estate Ap= Fourteen hundred were in that|praisers and has lectured on real batch and they sold “fairly rapidly.” | estate in the Drake university shod Soon, several thousand more rafts | Of commerce.
became surplus, Storage was diffi- : by cult. Good used ones were cut to Chemists y Ta Al $25. ‘Those requiring repairs brought| “Some Practical $10. Polarographic Analysis in the These rates still are standard, but|maceutical Field,” be special deals occasionally can beiby Gordon OC. Foxworthy, Eli made. A maker of children’s life belts, for example, recently bought carload—500 rafts—at $7 apiece, chose the poorest quality sawed the wood in them to belts. “It's often necessary to’ escalator-price system in the of articles which don’t readily have a civilian use,” according to » plus property spokesman. Seek Normal Rate
“In such a case we don't know what the price should be, so we pick a low one. If the goods sell too fast, we hike it up. If they sell too slowly, we lower it. Eventually we hit what we call a normal rate.”
National Lit
casionally have been stuck with
culture.
Gomer lady=tear your Electric bill ‘apart and we what it's. all shout. "This little piece lights all your lamps. This one plays your radio. This cools and keeps your food. hie washes 3 re (Cooking and ironing and cleaning And so on. “Thar s 8 lot of different jobs for Reddy Kilowatt ‘to do—yet to be covered by one small bill. And—hold on! You've paid for more than just
Barichy. About 25c of every dollar you pay for Reddy Kilowa's service gos in turn for taxis hich
your clothes, «This | “talkes care eof the
Ve soo communi and help pay for the wor)
Let'sitear ‘your electric bill to;pleces
goods at the highest prices, the sur-
Taxes UP.. - General cout of ving UP 2. You'd think the cost of Reddy's services vould be up, too. But it ion. 1 It has even come down & little since the war began. san: Actually— The average family get's about twice as much Ele; icity for its money today aw it did Sftpen years ago! This welcome fact comes from the careful planning and progressive spirit of America’s business-managed, self-supporting Electric companies.’
170 ELECTRIC LIGHT AND POWER COMPANIES
SELF-SUPPORTING, JAX PAYING. BUSINESSES