Indianapolis Times, Indianapolis, Marion County, 17 December 1945 — Page 8
No Housing or Labor Action
WASHINGTON, 17 (U, P.).—~Congress appeared determined toCheions
OIL PROPERTIES Sinclair Will Get 11 Plants a Te Shi aack-eul Witouk. weti, At Midnight.
YMENT RI RISE SURPLUS SOLD SHOWN BY SURVEY = 5. -
By SANDOR S. KLEIN United Press Staff Correspondent WASHINGTON, Dec. 17.—A huge ‘backlog of surplus government property is piling up.
November Labor F; Higher Force. Higher Than in 1944 But “4. Unemployment Is Double Year Ago.
By ALBRO B. GREGORY The greatest portion of ft is still United Press Staff Correspondent being held by ‘the owning agencies,
. WASHINGTON, Dec, 17.—The country is witnessing | }3uch as the army, navy and mari-
I | me commission, a rising employment curve despite reconversion problems | ony about a third of the estiand labor disputes.
| mated surplus has been released by A survey of the major economic factors today showed these 2 Sniies for FA] bow that employment in November actually was higher than ing tenth of spa Bs hoch sold. November, 1944. Offsetting this was unemployment more | Why? than doubling that of Novem- | "This writer asked that question
of top officials in the surplus prupThe unemployment figure! | ]
| erty picture. A former official, who threw up was up some 40,000 from October | this year,
his hands and quit because he | The labor force, composed of]
thought the job was “impossible,” | 5025 AT AT YARDS was asked his views. All agreed | that the government had a “mess” those willing and able to work on its hands. Each saw a differ- | 1,310,000 larger than a year boo {
ent reason. | EE Other interesting factors in the | ne gon picture: 2350 Cattle and le and 600 Calves Blame Army, Navy Also Arrive Here.
Strikes cost fewer man days of | The army and navy were at labor; latest figures show the fault, said one. Bad administra-, weekly average industrial wage off | The 5025 hogs, 2350 cattle and 600 (tion in the field by disposal agen- | somewhat; the retail price index | calves received today at the Indian- | cies, sald another. Restrictive, .conwas unchanged; the farm price in- | apolis stockyards sold generally fusing policies set by the surplus | dex was up six points, ‘and the steady in a fairly active trade this| |property administration, said still industrial production index took a | morning, the U. 8. agriculture de-|another better grip, up six points. | partment reported’ Briefly, this is the way surplus Sheep totaled 3100. Fat lambs Property is handled: December Strike Increase | The over-all policies coneernin ranged from steady to 25 cents off, po g It was estimated that some 7,000,- land ewes gained about 25 cents. disposal are set by the surplus 000 man days were lost through |property administration urider austrikes in November. However, the GOOD TO CHOICE HOGS (3025) thority frem corngress. The SPA|—
PE irs on ke aad "HEHE “0% he smc acter TIRE SERVICE SHOP | Savage Is Elected OPENS AT NEW SITE| By Realtor Group
thousands went back to the coal them surplus. Then it is up to the Bruce C. Savage is th w. Hughes Lucas Recap & Tire e newly
pits. This figure compared with disposal agencies to get v'4 of them. ice Corp. | Service, formerly located at 1910] Clécted chairman of the Asso-
_ 789,000 man days lost in November Oond 1944 wnen war production was at y 14.10 RFC Sells Plants ag The Reconstruction i... *[email protected] | is charged with selling plants, plant | E. Washington st. has opened at| ciated. North Side Realtors of equipment, planes and consumer Illinois and Walnut sts. the
Faulkner Goes “to N.Y. Job
* APPOINTMENT of Robert W. Faulkner, editor of the Indiana Telephone News, to a new position in the information department of the American Telephone & Telegraph Co. in New York has been announced, Mr. Paulkner’s new duties
An engineer of the General Electric mity fuse which has been hailed as one of the the war. The fuse, which was only. Nodilly is placed in the nose of rockets, bombs, shells sending out electro-magnétic waves which reflect bounce back to the vacuum tube in the fuse. Jectile 10 explode when it comes. within a spec target.
its height. as. po eevesssvsvess 30.007 14.10 Employment in November totaled
$1,940,000, compared with 51,530,000 250-550 pounds ...
195 Bulletin, magazine for
- in November, 1944, and 51,540,000 in Sisughter Pigs October, 1945. There were 1,580,000 uriemployed in November, In Octo-
ber the figure was 1,540,000, and in|.
November last year, 680,000,
Medium to Gooa-— 90- 120 pounds ... ....
CATTLE (2350)
7.00
goods. The maritime commission, the national housing agency and agriculture department also dispose of goods that comes within their
Distributors for the Fisk Tire in nine counties, they are exclusive operators of Rawls Recapping Molds and have installed a new Schild-
Indianapolis Real Estate
Other officers elected are Edgar E. Brodbeck,
employees of the general departments of the AT&T.C. at 195 Broadway,
vice chairman, and Robert E. ® Walker, secre-tary-treasurer, The Union Title Co. will hold its 11th annual Christmas luncheon
1135918 05| Sphere of operation. The office of |meier post-war wheel balancer. ves X 34is00 the sein Hguidaticn commis. They also handle geet brake sioner is charged disposing of | equipment and Mobiloil and gas. $038, ua WL TS the G06" von resvesisenes. 187801300 surpluses held. abroad. Prank O. Sanders is general manpreceding month, and $46.24 in er 160001728] To get an understanding of the|ager, and Frank B. Lucas is proSeptember 1944, a war production | cod seassesesses 16.00@1735 scope of the problem, it is necessary | duction manager, Stanley Hughes, month, when overtime earnings| 700- ve 13 [email protected] to cite certain statistics. Salem, and Raymond Hughes, Bedwere high, 133561600) What is the total in goods and |ford, are partners in the business.
of certain Bell 4 System booklets Mr. Faulkner and pamphlets. A member of the Indianapolis Press club, Mr. Faulkner was asso-' ciated with such company activities as the Bell Telephone club, Bell Camera club and Conserva-
In September, latest month for which figures are available, th: 1300-1
., [email protected] | plants that eventually will be deThe retail price index remained clared surplus? No one knows that answer yet, but a total of $32. 258,000,000 is expected to be de-
“unchanged from the month at 128.9, It was 2.4 above the 1944 month.
previous ree 16, TT 7%
veer 18 %g.%
Named to Post
for the Indian. Bruce Savage apolis Real Estate Board Thurs. day in the Indianapolis Athletic
f
*
:
tion club. His family will join him in New York as soon as suitable. living accommodations can be
found.
EFROYMSON'S
918 South Meridian St.
clared surplus in the year ended 15.259 16.25 | next June 30. / . 13.35015.28 $10 Billion Ready for Sale 9.00012.38)] How much has been declared surplus and made available for dis-
ee
By U. S. Rubber |“... ccers of the board
JOHN W. McGOVERN, general | Wendell M. Hicks, president; manager of the tire division of Onl 0. es wing vice PRvelens United States Rubber Co. has wel » treasurer,
been elected a vice presidént of Mr. Savage, secretary.
Br a, BUILD HOUSES, NOT
Mr, McGovers will retain his
Farmers in November received considerably better prices. The farm price index jumped six points from October to 205, and nine points | “seo.
from Novémber, 1944, 01050 : oh ¥ a 5 posal so far? e cum ve figure Retall and Services Medium ieee 030MIIN0 | ogh November is $10,879,088,000, With the resumption of Opera-| canner @ 1.50
F
Eee ia] [SHOE REPAIR]
SUPER QUALITY MATERIAL
£: Y
s N ext
£ & g 3 EF a
BOOKS
The Business branch of the In-
7 f
<0 ® » -
:
tions in the steel mills as a result of the end of the coal dispute, the industrial index. - rose sharply, six points to 160. This was a marked change following several monthly declines since V-J day. In November last year the index stood at 232.
Even in government fiscal opera- | Culls
tions there was a note of encour- ' agement, Treasury expenses broke off sharply from November last year and . from October 1945. Total
spending of the treasury in Novem- 2
ber - was $4,856,000,000, compared with $7,828,000,000 in November last year and $5,950,000,000 in October. The treasury's net receipfs for ‘November were $134,000,000 higher than those of the 1944 month. The treasury spent $2,282,000,000 more than it took in in November. | The deficit for November was $5,587,000,000 and in October it was $3,420,000,000. ernment economists and statisticians admit surprise at the slow
“rate of rise in unemployment. It|N® st
' had been expected to reach 5,000,000
Bulls (al) weights)
Beet Good (all weights) ..... Sausage
Cutter and common CALVES (600) : Vealors (al weights) Good and cholee ............. Qolimon a and medium :
Feeders and Stocker Cattle and Calves
11.50 in
oes 18.80
SHEEP (31090) Ewes (Shorn)
Good and ‘choice 6.50@ 7.28 Common ‘and medium N.. 5.00@ 6.50
Lambs Choice and Closely sorted . {Good and cholo | Medium and ood | Common
~ TRUCK WHEAT
vers [email protected] 113 1.8 11.26
130 13%
$:75Q10.38
. 14.50 [email protected] 12.004813.50 10 [email protected]
Indianapolis flour mills and grain eleyi $1.70 per bushel! for No sed 0 ar des on their
wheat (other gra
ing or 760; Joly shelled, $1.08 ver bushel, te shelled corn, $1.33.
How much has been disposed? The total of sales covered property which originally cost the government $1,580,612,000. What was the government's actual return on its sales? $501,090,000. Only a comparatively small por
n tion of the property declared sur1.00 plus is consumer goods,
such as automobiles, trucks, clothing, textiles, shoes and other { which are still scarce on the ci mare kets, Through November, a total of $902,522,000 worth had been released by the owning agencies and (of this amount only $421,116,000 worth was sold. Some Planes Non-Salable Officials were careful to point out that a large chunk of the property which has been declared surplus so far constitutes airplanes, of whicn only a small percentage was considered salable. The RFC, which is charged with airoraft disposal, has sold $170,288,000 worth of planes out of an available inventory of $662,852,000. In addition, it has uired $4,424,170,000 worth of aircraft listed as “probably not salable.” It has
title of general manager and eontinue his division managerial duties, including super vision of the U. 8. Rubber plant at Indianapolis, the largesttube plant in the ; world. Mr. McGovern Other vice presidential nounced by Herbert E. Smith, president of the firm, name Ernest G. Brown, John P. Coe, H. Gordon Smith and Elmer H. White.
appointments an-
LOCAL PRODUCE
PRICES FOR PLANT DELIVERY
Poultry: Hens, 4% Ibs. and over 23¢: under, 18¢; leghorns,
0c; ng 15¢; geese, 200; eapons § and 30c; under, 23c. pam
18¢; springs, 4% |, ‘ibs. and over 23¢c: under, 20¢; leghorns, 1ae: roosters, 16¢: ducks, § Ibs. ‘and over
CLUBS, SMALL ASKS
WASHINGTON, Dec. 17 (U.P) — Cilivian Production Administrator John D. Small today urged local communities to deny building permits for new night clubs and “juke
housing shortage. Small told’ the two-day govern-ment-industry housing conference ‘here. that materials which would have been used for such projects then could be diverted to private home construction,
INCORPORATIONS
Geddes Co., 4431
shares of first preferred -and of second preferred of $100 Pil-American Import Ex; 824 Board of Trade bldg. D. John
sh ferred of $100 par Samer
Ibs | Richard C. Kadel, dearo A Sart. 2. : John
Walter
Eggs: wrest receipts, 54 Ibs. to ease, | Davis.
43c; graded eggs, A large, 49c; A medium, 43¢; A small, grade,
We; B large, 40c; nog
Butterfat: At cefling, S0c.
J B. Sons’ gS Inc, Penn. syivants De wal. -
joints” to help overcome the critical |
3 <
Fi i
i g :
i
3% dianapolis Public library reports
the following new books of interest
::1:{ to Indianapolis business men and «+. | women:
INDUSTRIAL ORGANIZATION
vers | AND MANAGEMENT, by Laurence others.
:| L. Bethel and
;| THE PRACTICAL MANUAL FOR | -|OFFICE WORKERS, by FP. A. Faunce,
HANDBOOK OF PEST CON-
Half
fio to. 31:14
MeCRORY" S
. 17 B. WASHINGTON BST. . DOWNSTAIRS
disposed of $613,274,000 worth of the latter, mostly for salvage purposes, at a price of $1,214,000. The rest of these planes will be destroyed.
at the end of this month. * Diamonds, Watches, Jewelry Cameras, Musical
LOANS * ha
CHICAGO coZine.
CO., INC. xt The E. WASHINGTON ST.
“BUSINESS DIRECTORY RE-WEAVING | LEDERER
I TIEN Aaa ot MOTH HOLES-—-BURNS
. LEON TAILORING CO. hid 235 Mass, Ave, ues INDIANA FUR CO.
112 East WASHINGTON ht
PEARSON'S
128 N. Penn. LI1-5513
FURNITURE @ PIANOS BAND INSTRUMENTS RECORDS @ SHEET MUSIC
OXYGEN THERAPY This Cquipment Cas Ge Bemted of HAAG'S
402 N. Capitol Ave. on Phone
org
Plants Move Slowly ot Another slow-moving item Is for- Ce mer war plants. The RFC, through November, acquired $1,980,126,000 x worth of surplus plants and -dis-| 2 pod of $45,860,000 worth at $30,interest generally is centered in consumer goods. But the surplus property administration says the government's chief interest is getting the former war plants sold so they can be placed in civilian production and put men to work as quickly as possible. The SPA points out that consumer goods represents only a small portion of the government's surplus. It estimates that by the end of June, consumer goods declared surplus will total only $3,000,000,000 as compared with $10,000,000,000 in ol Felt Hat—a30
plants and about $10,100,000,000 in ~ STORES ALL OVER APOLIS
PREDICTS 6 MILLION INDIAN OUT OF JOB BY SPRING [| 5 soees atau =~
Ohare 1 Late | ese Xd a
ph Ak kkk RR
MEANS BETTER CLEANING ™ very finest thas a
Pham 1p
DRESS D COAT or ¢ SUIT ig
You Save Because We Save Men's Suits & Overcoats 18" 20" 2 7% CASE CLOTHES
215 N. Senate Ave. Open 9 to 9
Make Woodworking Your Hobby-Use
DELTA MOTOR DRIVEN TOOLS - Bielusively at
VONNEGUT'S 120 EB. Washington St.
USE OUR dvb dd Jiptols
Wk NO INTEREST OR CARR 25 { Phone
Per Lesson
SAXOPHONE Instruction
115 KE. Ohio Bt. — FR-1184
LINCOLN