Indianapolis Times, Indianapolis, Marion County, 14 February 1946 — Page 14
#the White House and Henry A.| red over the recent presidential merce department's functions |
5
4 b { p WAR SUPPLIES Manasco Proposes Swaps For Concessions. WASHINGTON, Feb. 14 (U."B).
~~Rep. Carter Manasco (D: Ala.) : United
of the War Assets Corp, the
by the Reconstruction
E. Allen.
FA Be THE PRESIDENT told congress in his annual message that the commerce department would have a “particularly important role” in : small business assistance. Among some congressmen, this had been MEET taken to mean that the department would inherit most of smaller war ’ plants. ...| Congressional friends of Mr. WalConference Will 1ace have protested the division of the agency's functions, contending that the commerce department has been given the authority over the small business program but denied necéksary personnel. : The dispute centered chiefly on the 104 smaller war plant field offices which under the order were transferred to RFC. One of the main
NEN TO Regional Open Tomorrow.
Morgan L. Fitch, vice president of the Great Lakes region of the National Association of Real Estate boards, has been added to the roster
Sen is and secre functions of these offices is to channel surplus government goods to in the Hotel Lin. small business firms. » » » Mr. Pitch will AT THE insistence of the house
small business committee, the order is now under re-examination,
son, but authoritative sources said it vice president of would not be changed. the pational as- The commerce department spokessoem hy Seak- | |man said Mr. Wallace and other
top officials were “somewhat disappointed” over the outcome. Earlier reports speculated on the possibility that Mr. Wallace, defeated by Mr. Truman for the vice presidential nomination in 1044, might become the spearhead of a movement to defeat the President's
Boyd T. Barnard, Miss Stewart president of the national association. ‘He will discuss “Real Estate and the Veterans.” The day-long session will start at 9:30 a. m. : Problems of real estate board ad-
"A department spokesman denied || smaller war plants will be absorbed Finance
rp, to whose board Mr. Truman he nominated his friend,
«4 base from which Nazis are plan-
U, S.-Argentina relations became highly critical with the publication ‘by the state department 9 & J300-ward idictment | of the South American country,
government's major surplus disposal agency, was called as first witness. Mr. Manasco pointed out that
under the present law, the state de-
charging It with providing a sate; |
innumerable on-the-job courses as
ready ; | Here is what is being considered: |
{partment must get either goods or|#
Le ke:
©. | Trair WASHINGTON, Feb. 14
s as Cheap Help
| N, Feb. 14 (U. PJ} THREE: A bigger VA staff so ~The government, is planning atti progress of te, veteran ina on a. wien i, with a view of stopping his suspects are using G. 1. on-the-Job jiying dllowan
ce if the program is training to get cheap veteran labor.’ bogus.
It will look with critical eye at H. V. Stirling, VA's” education 18-months courses leading to jobs director, said “a serious conditfon 88 Tine Sadan: tenduily ut JAY Sul W sslepuards sje nol {i : set up, : or Janviors plutei io br din vie clerks, salesmen and porters. | Prevent fly-by-night or. gyp-joint The study will cover some 45,000 Schools and training establishments ne ES BR Tie = s for job it 1 “ stateYes opaining ft eacral ex 1 jobs, on which VA may be called The retraning and re-emoloyment|on to pay up to $90 a month in administration, which has taken the ' Subsis alowance, indicated ‘a lead in heading off what some edu- Wide variance in state supervision.
scandal, mid the contro wii ve GASOLINE STOCKS ~ CONTINUE ADVANCE
next week. ONE: Federal money — possibly| NEW YORK, Feb, 14 (U. P..— 000,000 — to hire investigators Gasoline stocks continued their adwho would work with state accred. vance during the week ended Feb, 9, iting agencies, which by law ap- reaching new high levels since April prove firms for job training but 25, 1942, the American Petroleum which often have no staffs to check Institute reported today. applicarits. ’ | The nation's gasoline reserves TWO: Designation of state agen- (amounted to 103,319,000 barrels, cies as “schools,” to which the vet- against a revised total of 103,125, erans administration could pay 000 in the previous week ‘and comtuition; funds would be used to|pared with 93,355,000 in the corre-~
Chiselers Use P IE CONTROL New A
G. 0: P. Senators Offer Four-Point Program.
~Five Republican members of the senate small business committee today recommended a four-point program for overhauling government ‘price-control policies. p .. Their proposals intended to stimulate production of scarce goods, called. for: 1. Junking all maximum average price regulations and other rules based on cost absorption policies, 2, A resolution forbidding any maximum price that would prevent any manufacturer, wholesaler or distributor from making the same percentage profit per unit that he made, og the average, between 1937 and 1941. / 3. “TMat congress declare the obtaining of production paramount to lie maintenance of existing prige” levels and prescribe legislative standards to assure that price eontrols be exercised in a manner calculated to secure maximum production.”
foreign exchange for surplus goods | disposed of abroad. - Ding & comeback. Singled out a8 | “ur req) ‘that we should broaden a loader of the alleged Dro-Naal |... ro). ce basis” he said. “There conspiracy as Col. - Juan RN ore a lot of countries which have Peron, above, “strong man” of the Inelther the money nor the goods to present Argentinian regime. woe [trade for qur surpluses. Yet they sorely need these materials which APPROVES BENDIX |we certainly are not bringing back | to this country. SUIT SETTLEMENT Higher G. I Prioeitios NEWARK, N.-J. Feb. 14 (U.P.).| «1 want to see incorpdtated into —Federal Judge Thomas F. Meaney | any bill we bring out authority for signed an. order today Approving a the state department to exchange Settlement of the anti-trust suit our goods for various kinds of conbrought by the United States gov-|cessions—trade concessions, landing ernment against the Bendix Avial rights, tion Corp. In which the company | sites” was alleged to, have entered Into| The chairman said he also was cartel agreements covering the determined to have his committee manufacture and Histribution . of {make a thorough investigation into aircraft instruments in the world reports that the army and navy are markets. hoarding supplies and that there Leonard J Emmerglick, special has been wholesale. abandonment assistant to the U. 8. attorney gen- and destruction of surplus materials eral, said that under terms of the|in war theaters. settlement the corporation will be| Mr. Manasco said he was certain permitted to continue the manu- one development would emerge from facture and sale of more than 60/the hearing—a change in the law types of aircraft instruments and to give veterans a higher priority
the corporation to make available | federal government, state and local to competing U. 8S. firms the patents governments and their political subcited in the complaint. | divisions now precede veterans.
Cattle Clears Stockyards * At Mostly Steady Prices
renomination in 1948. Other reports have suggested he would leave the cabinet to join the C. I. O. Political Action Committee.
ministration will be put’ under close study when secretaries of realty boards in this area conduct a special conference in conjunction with tomorrow's meeting. It will be first time for such a meeting in this area. : + The secretaries’ sessions will be, under direction of Miss Margaret Kay Stewart, president of the sec retaries’ council. She came here yesterday from Denver, Colo., where she is executive secretary of the Denver Board of Realtors.
TOP RUBBER PRODUCER Rep. Kefauver (D. Tenn) told!
; the house he knew of no one “who CLEVELAND, Feb. 14 (U. PJ— | would accuse the RFC of burning ~ The largest output of synthetic Tub-| 7001 for assisting small business.” ber ever produced by one company nn in a 12-month: period—388577000| ME TRUMAN'S budget message pounds—was furried out by pIANtS | ronoced a $4.5 million appropriaOperated by B. F. Goodrich Chem- | tion for establishing in the com- | ical Co. in 1945, U. 8. Richardson, | merce department an office of tech. president, announced - today. nical and scientific services, the |
: uU. S. STATEMENT function of which would be to]
carry on the small business aid | WASHINGTON, Feb. 14 ©. P.)—Gor. program. 4irv of Co Al | ernment e receipts for the ndersecretary mmerce Alpared with 's ‘vers agers” 7" 1% ©®- freq Schindler reminded the small| For business committee that the pro- | ! posed branch- would not be estab- | lished until July 1 and would re-
» » ” THE DEPARTMENT spokesman said Mr. Wallace's only plan “is to continue trying to do his job.” i The house small business committee told Reconversian Director Johr. | W. Snyder in its recent protest that! transfer of the war plants field orce to RFC would make clerical! workers of engineers ‘and other! trained personnel.
Net defial 33,975,143,303 ( i Cash balance 25,657,416,772 18.7191.812 741 Quire & year to get into full oper Public debt . 279,488.831,576 234 150,827 787 | ation. Gold reserve 20,156,394,387 30,507.038,460 Rep. Kefauver said
{ the Presi- | o INDIANAPOLIS CLEARING mouse dent's plan, which calls for 75 field INGE ooo $ 9,616,000 |OfMices, would duplicate functions 21,369,000 '855igned to RFC,
Policies on U. S. Production
» WASHINGTON, Feb. 14 (U. P).— a-pound increase in retail’ butter The special hotise food committee | prices to encourage production. Mr, set out today to learn if food pro- Bowles wants to keep prices where
|
¥ ceiling prices on cream, At the top of the committee's] There will be no final decision list was butter which the agricul- | however, until the hearings are fure department said would be finished and the committee makes short throughout the year. {its recommendations to the staCommittee members said they |bilization administration. were not “out to cut any throats.” The department- said American But the Investigation was expected {food prospects contrasted sharply to spill over to include the admin- | With those of other countries. While istration’s new food program and 'Americans are eating at least eight the question of price control and | per cent more than before the war, | food subsidies. {the rest of the world will avegage | It may bring into the open a about 12 per cent Jess. . sharp dispute over butter prices be- | Summary On Food
| |
- 1 Media tn Good" cle Cha, -’ 10 pounds @ Comwlth Loan 5% ptd ........ 05... CATTLE (600) {Cons Pin Corp ntd .......... Me .... | iselta Eiectric com ............ 1s 17% Steers | Electronic Lab com . .e 5% 5% Choice Mn Wayne & Jackson RR pf 103'2 106 700- 90 pounds ........... [email protected] Herfl-Jones Co cl A pfd .. HY .... 00-110u. pounds -. [email protected]' Home T&1 Ft Wayne 7% pfd 5% HEA 1100-1300 pounds ... . [email protected] Hook Drug Co com connie 31 wees | 1300-1500 pounds 17.25@1806 Ind Assoc Tel Co 2 pfAs .... 51% ...: 100¢ ~ {Ind & Mich Elec 4%% pid... 111 “rs 700~ 8 pounds 15.50€17.00 | Indpls P & L pid . ...114'2 115% 400-1100 pounds ... .. [email protected] |Indpis P & L com 29% 29% | 1100-1300 pounds +. [email protected] | Indianapolis Water pfd ...... 105 ate 1300-1509 pounds . 15.75@17 25 | *Indpls Water Class A com... 21 23 seuiuni— lIndpls Railways com ........ 19% -r 700-1100 pounds ............ [email protected] Jeff Nat Life com . ........., 15% 17 400-1300 pounds ............ [email protected] | Kingan & Co com . cane BY 9's Common “|Kingan & Cs ptd * 97 101 700-1100 pounds . .......... pid ..... oa Chaice- Heifers {PR Mallory com 600- 800 pounds .«exevs 10.38q47.98 | Maron Herrington com . pounds ‘........... 16.50@ 18.00 | Natl Homes com food " N Ind Pub Berv 5% .. | 600- 800 pounds .......0.... 15.004216.25 Progress waundry com .. 800-1000 pounds ............ 15.25@ 18.50 | cup Serv of Ind 5°. Medium | Pub Serv, of Ind com ....... 34 500- 900 pounds ............ [email protected] | Ross Gedr & Too: com Common
Cattle cleared early at the Indianapolis stockyards today at mostly steady prices largely on shippers accounts, ”
devices. The decision also calls for|for the acquisition of surpluses. The] .
hire state investigators. \ sponding 1945 week.
1/, BLOCK EAST ‘OF
The broad outlet for vealers assured good clearance at up to ceiling levels. No change occurred in hog prices and fat lambs and slaughter ewe® were fully steady. | Today's receipts were: Cattle, 600; calves, 225; hogs, 1625, and sheep, 1025. : i
LOCAL ISSUES
GOOD TO CHOICE HOGS (1825) Butchers !
Ji0- 160 pounds ...::........ N20 14-0 Nominal quotations furnished by IndiI I pe napolis securities dealers: 300- 560 pounds . | 14 60@14 85 STOCKS ~ Bid Asked Medium Agent Pin Corp com ....:.... T% i 160- 220 pounds - [email protected] Avents Fin Corp pfd ......... 19 20 Packing Sews Amer Scaten Mi “ood to Cholce— {Amer States ¢ A"... ..00.00 «70- 30v pounds ... 14.10 Amer Saned, a Ba re . 330- 400 pounds . ..... He Ayrshife Gol ecm FF 00 {Beit R Stk Yds com
400- 45¢ pounds ... | Medium—
260- 550 pounds Slaughter Pigs
Zeit R Stk 39 ya it 7 3obbs-Merrill 4%2% p 1215@1400 5obbs-Merrill com.
[email protected] ; Lincoln Loan Co §% Lincoin Nat Life com
{So Ind G & E 48%. pid...... 10.00@ 12.50 | Stokely Van Camp pid ....... | Stokely-Van Camp com .,.
500- 900 pounds . Cows (all weights)
Good 12.75@ 14.50 Terre Haute Malleable ,,. Medium ‘ : 11.25613.00/U 8 Mashing com caus Cutter and comjpon ... [email protected] | Jnited Tel €0 3% r..euvnares Canner ihn ey .75@ 8.00 A Bonds Beef— Bulls (all weights) | American Loan 4%s 55........ 983
J Good (all weight) .. . [email protected] | American Loan 4%as
Bubner Pertilizer 5s 54 .. 98 ee Sausage— Ch of Com Bldg 4%2s 6 91 avs Good cekrase Naan, 11:[email protected] | Citizens Ind Tel 43s 61 ...... 103 a Medium Ean cranes. [email protected] | Columbia Club 1% 58. ....s. 81 ai Cutter and common ....... [email protected] Consol Pin 88... Cia 9 anes n 'Ind Assoc Tel Co 25 75 ..... 104 at CALVES (225) indpls P & L 3s " oo 107 A Good and cholee [email protected] | Indpls Railways Co 5x 87 .. 3 Common and medium [email protected] in at S02 3 306% 108 Culls [email protected] | y '1nd Pub Serv 3ies (3 108% 10875 Feeders and Stocker Cattle and Calves Pub Selv of Cy 3s 75 1084 110 | Pu Va pny ivy Chott Steers { Frac Term Corp bs ” “w 96% 800- 800 pounds ............ [email protected] | Spx dinianson Ine 5s 85 . J00-1000 pounds ...... Soni [email protected] 00d 500- 800 pounds ......ee.... [email protected] ’ WwW 800-1050 pounds ............ [email protected] TRUCK HEAT Medium . - 500-1000 pounds [email protected] Indianapolis flour mills gnd grain ele-
}
SHEEP (1025)
Ewes (Shorn) Good and choice 6 5
vators are paying $1.70 per bushel for! { No. 1 red wheat (other grades on their merits), oats. Mo. 2 white or No 2 red } 8.00 testing 34 lbs. or better, 76c. corn, No. 2/| 6.50 yellow shelled 3108 per bushel, and No. 2! white shelled corn, $1.23 |
Common and medium
Lam Choite and closely sorted ....
- y 15.50 tween Pricé Chief Chester Bowles| The department gave the follow- ote holes rrewadiies 00 js SPACE INCREASES and Secretary of Agriculture Clin-|ing Summary on 1946 food pros. Common iy [email protected]]| CHICAGO. Feb. 14 (U. P).—| ton P, Anderson.
| pects: Mr. Anderson favors a six-cent- | Butter—About . 1] pounds ” ISSUES OF TREASURY | Person as compared with 105 |in 1945 and 16.7 before the war, THREE ANORy EIGHTH ER CENT Sugar—Slight improvement Jord? ag FOR REDZMPTION |OVer last year when civilains had he, tnd’ Gneent or rensury only 73 pounds person as compared 1. Public notice ls hereby ive that | With 96.5 before the war. Bonds of 1946-4, dated June 15, 1931, ate Metot—A 14 per cent reb; called for Iedemption "June 15, over last year or about 150 . Which #4 0 wueh|per person: more beef and pork, S18 of these ponds, may, In a. less lamb and mutton, , ofler oA one all or any| Fs and Oils—Six per cent | led bonds for ~ther in-|more lard; 21 per cent less marga- | rine; shortening and other oils | about the same,
per | in|
increase pounds
tions of the United Eh event public notice wil) i and an official circular offering will be is.
milk and cream: somewhat more oo cheese and canned milk, » Eggs—The average civilian wil eat only about 365 this year instead | of last year's 300 because of more plentiful meat supplies. Poultry—About the same amount of chicken; more turkey than even last year's record consumption. Beverages—Five per cent more coffee; 9 per cent more cocoa: 4 {per cent more tea,
WURY BONDS CALL FOR
Treasury Ronds Concerned:
FICE OF [PTIO or cent
Ne amount of fresh fruits . [cent less vegetables, Canned Foods — Not enough ho. |canned meat, fish, fats and fruits or to meet: demand, No. 666, Grain Products Not enough to! oy, Meet demand in view of admin.
ry. | 1stration’s program to ‘divert food _ loverseas, '
Fresh Foods—About the same | but 9 per
About 500 plane seats will be re- | {leased daily on the coast-to-coast ” route of the United Air lines with] PRICES FOR PLANT DELIVERY lifting on Friday of the last war- | under, The; Leghorns, The; swing: ia gy. time restrictions on air travel, the and over, 22¢; .inder, 20c; Leghorns, 18c: company said today.
LOCAL PRODUCE
roosters, 16c; ducks, 5 lbs. and over, 20c. light 15¢; geese, 20c; capons, 6 lbs. and’ ii: over, 30¢; under, 22¢ Eggs: Current receipts, 54 lbs. to case 29¢; graded eggs, A large, 32¢; A medium, | 29¢: no grade,
Butterfat' At ening, 50c. INCREASE SLEEPERS RESTORED The Chicago & Northwestern | YOUT Insurance Railway announced today through! / . ee LOWER Your Rate!
its Indianapolis office that effec- | tive Friday sleeping car service will | be resumed on trains leaving Chi- | cago at 9:45 p. m. and 11 p. m. to We will gladly explain how COINSURANCE frequently makes this possible. Check its
St. Paul and Minneapolis, at 8:45 | possibilities tomorrow. §
Pp. m. to Des Moines, at 6 p. m. to | Ashland and Watersmeet and at 6:30 p. m. to Ishpeming. .
| Listen to “BUSINESS HIGHLIGHTS"
b Mecedll cynch Pierce Fang: § Beans
: Every night * Monday through Friday
' WFBM -10:45 P.M hl
. y B ST ——————————————
~
GRAIN DERTERS
. “1
Actual photo taken in our
refinishing shop. Z4 4 ;
Photo taken in our furniture repair shop.
Photo taken in our cabinet workshop.
SAVE AT INDIANA'S LARGEST STOR
and embassy or legation
Conveniently Located at
335 EAST WASHINGTON STREET
T ese are
WASHINGTON, Feb. 14 (U. P).|
produced by Beech Aircraft Corp, according to Aviation News magazine, ; The magazine safi Beech now is building the frst experimental model, which is expected to he ready for road test by July 1. The company recently opened a deSen and development office in Detroit. . The first pilot- model may be produced at Wichita, Kas, Avia. tion News d, but the come pany has definitely decided on mass production, / Among the features of the car would be an integrated body .and frame without the conventional chaksis and frame, and a 90 horsepower Franklin engine driving an ‘electric: generator, which in turn would supply power to small electric motors at each ‘individually sprung wheel.
federal districh courts authority te rule on price-control disputes. The recommendations, filed with the senate, was signed by Senators Kenneth 8S. Wherry, Neb.: C. Doug lass Buck, Del.: Homer Capehart, Ind.; George A. Wilson, Ia, and
4. That congress consider giving
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Actual photo taken in our upholstery shop.
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actual photographs taken of our expe- § rienced craftsmen at work in our different workshops where values are made and your $$$ are saved!
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