Indianapolis Times, Indianapolis, Marion County, 5 December 1945 — Page 10

CHIEQ

~ ‘CHARTS’ HIS

: Senators What's What With Business.

By FREDERICK C. OTHMAN United Press Staff Correspondent

WASHINGTON, Dee. 5~Chester —Bowleshas- projected the art of the chart into uncharted realms.

to see at 20 paces. chart, our government probably would collapse. Every day there are new charts, charting problems all over the place: In the White House, at the Pearl Harbor inquiry, in the treasury, out at the zoo (where the chart keeps up with the hay eaten by the zebras). So much for the background. . . . LET US march on with science: Chester Bowles, leading professor of the chart, strode into the senate small business committee hearing with his phalanx of OPA assistants, his easel, his charts and copics of his seven-page statement. Each senator and “each correspondent received a copy of the closely typed statement, which said the OPA was more good than bad and ought to be continued. Prof. Bowles stood at his easel. His assistant, wearing an OPA price-approved suit of blue serge and a speckled necktie purchased below ceiling price, unveiled the stack of charts and-—what do you think? Word for word, in let. ters two inches high, was the tekt of Bowles’ typed statement. . » . THE SENATORS could read it in print. They-could look at it on the charts, They couldn't miss hearing it. Bowles read in.a clear, strong voice, while his assistant flipped each card away as soon as

squinting, Without - the

LUMBER PRIGE LEVELS PEGGED

All, Used and Some New Wood put Under Ceilings.

Ceiling prices on all used lumber and certain types of new lumber were nailed down today by the OPA. Prices were fixed on used lumber, such as comes from the wrecking of buildings, to prevent inflation because of the scarcity of new supplies, E. C. Latham, district OPA price specialist, said. * Established by grades and specifications, the ceilings on used lumber became effective Nov. 19. The new lumber regulation became effective Monday. The regulation on new lumber fixes its price as sold by the government and private owners at the mill price plus the cost of transportation. Hardwood, plywood, ship oak and a few other items not likely to be found in surplus stock are omitted from the new regulation. Sales of privately owned surplus fumber amounting to $50 or less and sales of $300 or less by the government, government contractors or government agents, which were ex-

to know was where did Bowles get

“Nope,” said Prof. Bowles, trying to explain that prices didn't go up, but volume did. “Dumb,” muttered Wherry, trying to escape the assault by chart. “That's just dumb.”

leave for the sénate chamber. So did

I.° The one place in Washington where there are no charts.

JOHN HANGOCK LIFE ‘AGENTS MEET HERE

The 53d annual meeting of the Indiana agents of the John Hancock Mutual Life Insurance Co, is being held today in the Lincoln hotel. Dan W. Flickinger, general dgent for Indiana, is in charge. The luncheon today is dedicated to M. E. White of Kokomo in recognition of his 16th anniversary with

MEANS BETTER CLEANING

WAY

‘Let Us March On With Science as ‘The Professor’ Tells §

A chart (in case you came in late) is a large white card with red squiggles and printing big enough for senators, by

Col. Ernest R. Lee

Col. Ernest R. Lee, aid to Gen. Dwight D. Eisenhower, yesterday was named president of the Terminal Transport Co., Inc, 530 Kentucky ave. Carl Volmerding is and currently is in charge of operations until Col. Lee ‘returns from overseas duty in about 30 days. The firm, whose main office is

Wallace Sees ' Prosperity, but

By H. D. QUIGG _United Press Staff Correspondent

NEW YORK, Dec. j.—Secretary of Commerce Henry A. Wallace told the National Association of Manufacturers today that business could expect “a few years of unprecedented peacetime prosperity.” But he warned that the “danger of deflation” threatened .the long range

, Carl Volmerding

> here, operates common carrier truck lines serving Tampa and Jacksonville, Fla.; Birmingham, Ala, and Atlanta, Ga. Col. Lee has served as the general’s aid for five years. Before the war he was in the automobile business in San Antonio, Tex. Mr, Volmerding was associated with the

Indiapa Railway Co. for 20 years. K

Few Years' of

Gives Warning|%s

He urged both capital and labor to work for increased production | and consumption to raise the star dard ef living of the whole nation. Government's job is to encourage such enterprise he said.

clude a public discussion of the industrial ‘ future of atomic energy

responsible . for the harnessing of

The * congress’ program will in-|

by nine scientists and industrialists | 800-

It wasn's long before he had to P

At the dinner tonight, Walter. B.

the atom. Wallace told a meeting in Madi-

picture. . Wallace spoke before the golden anniversary Congress of American’, Industry, opening the program of a three-day survey of production by leaders of industry, labor, the government, and science. “Both inflationary and deflation. ary forces are at work in our economy,” Wallace said. “The deflationary forces threatened to last a good deal longer.”

that iwas a break in the market over-| right. ge

Active trade cleared steers and

srissnbein nes $13.75@ 14.50 140- 160 Jounts cries senunans 14. 1 160 8 UP coevesnsrecane 1 ~ Medium— 160- 200 pounds ....secosenee 14.88 Packing Sows Gbdod to Choice— 270- 400 pounds .icicicccanne 14.10 400- 500 pounds ..... sesssees 140001410 edium-— 250- 550 pounds ......cccc000 « [email protected] Medium to Good— 90~ 120 pounds .........e000 [email protected] CATTLE (1300) Steers 700- § . 11. 18.05 900-1100 pounds ...eoeececsee 17.235918.08 11 po sresiueivaten nRauns 1 1 Pounds civrcencnsees 17.38 Good * 100= 900 pounds ...iissvess.. I5T5017.00 Y 1 Pounds eee . 9 1300-1800 POUDAS »esssesresens 364 N00. 1300 pounds 13 15.75 1100-1300 POUNDS +vvvresserese [email protected] 700-1100 pounds _....:... wees 10.50013.75 pounds .. esveer [email protected] 800-1100 pounds ....... seneen 16508111 600- 800 POUNdS ...ossssevees 18 16.00 $00-1000 POURS «.eesevisgres 15.25016.35 Medium— 500- Pounds ..oevnpsnenes Com 500- 900 pounds .....coemevee

EBS ass stents senna an

“resNs seri nsninEniete

sessspeasesanes 11 TT SPP Li

survive a depression such as that i OCAL ISSUES

Gmpt under an earlier Action. £7 [pis boss reached the last word Wallace said President Truman's| The atom symposium, to be held CALVES (425) Sales of new lumber by saw mills This new chart is known as the program represented thie simplest/at the Thursday luncheon session,|. . 4.4 eaters (all 'welghis) and concentration and bution | 11-out-attack-upon - cofisciousness way to deal with the problem—io will have President James B. Co- Common $d MAI «es are not affected by the new chart. You can't escape it. Shut hold the line on prices to prevent/nant of university as| CU coo co ioiher Catile 4 yards Most of that affected |YOUr eves and there's the profes- inflation snd to maintain the vol-| moderator and will include Ma). Steers Fegulation. sult of [SOF reading aloud. Avert your gaze ume of purchasing power to prevent | Gien. L. R. Groves, tommander of | To to will be that left over as a and find If staring at she | deflation 600- 800 POUNAS ...o.eeveeses [email protected] termination or cancellation of gov- you yourse, g . . the Manhattan project, as one Of| 800-1060 POURdS .....eess.... 13.50915.00 same words in your hands. ‘The long run solution to our|the round-table speakers. On : : ernthent contracts. : {problem, les in the § | 500- 800 Pounds ...civeeesess [email protected] Copies of the regulation affecting Only possible way to combat a}Pro direction of| Also on today’s program Was| 800-1080 POUDAS «.ec.cevsrsss 13.50 Both used and new lumber may be [chart like this is to stand up and seeking profits through mass pro- | Frederick O. Crawford, of Cleveland, | ase oop . ... 8.75010.35 obtained at the Indians OPA dis. (Yell. Senator Kenneth 8. Wherry, duction and mass consumption,” |chairman of ‘the N. A. M. executive| SHEEP (lS) trict office, 420 N, Pennsylvania st. |lawyer, auto dealer, and under- Wallace said. committee and president of ThOMD-| 0 sna ehotee oo... 8359 1.00 a igs taker of Pawnee City, Neb., did so. oe Siace _Yarued that this prin-|son Products, Inc. The luncheon and medium ...... 4.750 6.35 ig . = » e worked out success- [speaker was Ira Mosher, retiring ’ URGES LIFTING OF THE SENATOR also is a furnl-|fully. He said it was doubtful if |N. A. M. president. Go ey Morte re 10s - | ture merchant and what he wanted [the economic organization would ediam S00 4008 re ests IOGIE

Meetings

Indianapolis chapter 37, A. 8. T. E, will have a dinner ‘dance at 7

tel, John Hillman, the News, will speak. Harry Boese, chapter chairman, will preside, Harry R. Greenlee, L. G. 8. Spring Clutch ‘Corp. chief engineer, will |C! speak to the Indiana section, 8. A. E., at 8 p. m. Dec. 13, in the Antlers hotel, His subject will be “Automatic and Semi-Automatic - Transmissions.” A dinngr will be held at 8:45 p. m. hd

cnn

suena

WESTINGHOUSE MEN | TO ATTEND SESSION

Members of the Westinghouse Electric Supply Co. 137 8. Pennsylvania st, will attend the first

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Those attending include ©. G.

STORES ALL OVER Lichtenstein and Nathan P Paulus, INDIANAPOLIS returned in 1045 from overseas serv- Lore, I'aianapolis branch man-{} BRYN 8 or som most convenient loca ice with the American Red Cross, |**°" 20, Bers: metchandins Wa | iB and Kenneth C. Long, recently re- 26°F; 40 . ©. Cole, T. v. wake, || [PER1VAA JU.E turned from service with the navy| Stimson and John Drewry, in the Pacific area, will be honored. Piiliance specialing. ‘II ILLINDIS and ONIO STS. Open to 7 P. M.~Sat. to 10 P. M.

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NEWSPRINT CONTROL that chart saying profits of small [In the 1030's. : LOCAL PRODUCE ASHINGTO! ; . P.)~|furniture dealers were up 185 per Nominal quotations furnished by Indi . - ie Sewapaper industry advisory cent? Bowles sald he got the 1ig- BAD FARM WEEK a sawols sofurliies dealers: . © (Priess for plant delivery) committee of the civilian produc- from the furniture dealers. | STOCKS Bid Asked vy breed hens, 33s. » tion administration from furniture dealer Wherry} | : we RIDA bers under § its recommendation that all news- 'f, Senator Wherry said. He INDIANA REPORTED » gs haired rocks he print controls be lifted on Dec, 31,(Sald how can you increase your | ; ors ! ole However, CPA officials told the Profits on furniture when you have Hoosier :farmers had a bad week 3 . ; furniture? eee urges wo, rade off yoni ae Sr uy late | profits up 460 per cent. ‘ and crop bulletin put out by the | #04 MB utter—o. 1, sto. Bugertat—to. 1, We; : The nmi proposed yester=- “Now that's impossible,” cried the weather bureatl. Cc Theater com . .. 60 vrs. | NO. 3. 30c. v day that a voluntary t | senator. Slow progress was made on farms | SSW Loan 57 pid Al. a ee . Qistribution plan be substituted for] Bowles kept going. Department (0d an average of 40 per cent of |Deits rr di TRUCK WHEAT government controls after Dec. 31.|StOre rofits 1324 per cent higher |e Work In corn poking and husk- | RESTORE 145 S00 an sid 100 © 108 | : It said a voluntary plan could be[than before the war. ing remains to be done. Cribbing is | Herr ol Aptd ..... 10. 3t |, Judianapens Sour and grain “ » Home T & T Ft Wayne 1% pid 81... are paying $1.70 per bushel _ worked out to give botl small and| ‘What? yelped. being delayed because of the high | Hook Drug Co com .......... 30% [oi|Ne. 1 red whest ‘(other grades on large users an’ equitable supply “One thousand three hundred and | moisture content of the crop and |Ind Assos Tel Oo 2 pfd ...... PO |. i oo ee ore: : % " . {some rotting on the Ind & Elec ¢%%% pid... 100% 113 " Such a plan, it recalled, was used|twenty-four per cent,” the profes ground has! indpis P & L pid ....oevenrss 14 118 | Jetiow $1.08 per bushel, + after world war I and proved suc- {Sor replied, pointing - at his chart. [Deen reported. y ol Indpls P & L COM «oovvvennree 33% a |Yhite nn test ol Soy bean combining is been ines Weta fue £ uly iii (RICK’S’ AIR LINE Meanwhile, the office of price] “THAT'S an awful big figure” {OW but wheat shows good color ai y nh. J ’ administration is expected to an- interjected * Senator Allen J. El- and condition although growth has|Kingan w ) CONTRACT RENEWED Dounce: Friday an increase’ of $6|lender of Houma, La. “Are we to|D°R slow. Other winter crops are (Fi.cdi : S ton in the price of newsprint. understand department stores have |T®POrted in fine condition with pas- | Linco) “The boost Wil become elective, in been allowed to do that? If it's true, [Pres SnOFt, but still. green, in most most instances, the first of the|then OPA has been a failure.” reas. . year. j ; “Yep,” sald Senator Wherry.

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