Indianapolis Times, Indianapolis, Marion County, 14 March 1946 — Page 31
hs
'H 14, 1946 d Ralph Lane Se
—By Al Capp
] HURSDAY, MARCH 1, 1046
SINESS— i TRIKE SLOWS XPANSION HERE
tate Factory Employment ‘Fell Last Month.
The steel strike halted the genal reconversion expansion in Inana during February, Noble R. w, Indiana employment security vision director, reported today. The expansion in manufacturing nployment had been noted in ee previous months. Factory employment, estimated at 8,840, was 1.3 per cent lower than mid-January, while correspondg weekly payroll estimates of 4,000,564 were down 4.2 per cent, . Shaw said. Plan to ‘Catch Up’ Employment was down 28.7 per pnt from a year ago, and payrolls own 388 per cent. Mr. Shaw said he expects the bruary employment loss to be pgained rapidly following the setlement of steel strike late last honth, and that general expansion continue because of a tre-
ibid
. THE INDIANAPOLIS TIMES - Ls Vii & Co. Ready to Move Into New Home
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NON- WIC BUILDING HIT
Crackdown Planped to Aid Vet Housing.
By NED BROOKS Scripps-Howard Staff Writer WASHINGTON, March 4A crackdown on all non-eéssential con~ struction for the next four to six months was planned today by government officials as part of the program for getting thousands of new homes for veterans under way. After the first sharp curtailment, the plan is to ease restrictions gradually, allowing non-housing |
of its relative essentiality. This program is being ‘embodied in an order soon to be issued by the civilian production administration, which 1s working closely with Housing Expediter Wilson W. Wyatt.
Outlaw Night Clubs
has been in preparation for more than a ‘month. CPA officials hope it can take effect by April 1. New construction for racetracks, night clubs and similar amusement
construction to resume on a basis!
U.S. Searchlight STATE umm
Declared Surplus
CINCINNATI, March 14. — Approximately 850 anti-aircraft searchlights have been declared surplus and are being offered for sale by the War Assets Corp., of ficials here said today. The $14,000,000 worth of lights are being offered at a fixed price of $1000 each. ‘Original cost was $15,000 each. Each unit consists of a power plant, control station, power and control cables with a 60-inch lens that develops a beam up to 800- | million eandlepower.
The order, now in its third draft,
U. S. STATEMENT
Expenses
Net Deficit Cash Balance 24,605 99 Public Debt 278,584, gas 135 Gold Reserve
WASHINGTON, March 4 (U, P.) gave
ernment expenses and receipts for th current - fiscal year through compared with a year ago:
March 12,
This Year Last Year § 48.502,563,006 § 67.287 618,137 39,051,672,283 28,772,730,0668 15.410.808.024 9,721
20, 232.8 0,823 30,458,445,744
tt sr
T0 CUT T RATES
Reduction To Be Effective &
April 1.
The Indiana public service commission announced today that the | Southern Indiana Gas & Electric | Corp. had reduced its rates effective April 1, Commission Secretary Sam Busby said the voluntary rate reduction proposal promised annual sav ings of $250,000 to customers of the utility in Evansville and vie cinity. Busby sald that gas consumers would save $66,000 a year and electricity users the/ balance—about $186.00. The downstate corporation was
79 | the fourth to reduce its rates since
the federal excess profits tax law was voided. The other three were
technical intelligence committee of the WPB, Mr, Mize participated in a three-month investigation tn in.
military council
FORESEE GREEK Tn WAR ATHENS, March 14 (U, P
that elvil war might result ultimately if elections are held in
the reductions in rates were esti mated at $3,275,000.
»
Greek political sources said today
Greece on March 31 as scheduled. -
dustrial evaluation for the allied
hendous pent-up demand for conmer goods accumulated during he past five years. Increased employment also is exoted ‘to result from new products nd new marketing and processes eloped during the war, the reort continued. . Non-defense plants suffered durthe war, Mr. S8haw pointed out, nd nbw see a chance to catch up material and manpower become available. These latter plants have abmost of the most produclabor supply, Mr. Shaw said. he unemployment figures, he exincluded people out of ork as an indirect result of strikes. Most jobless are mostly those in n between jobs, the division said, and whose unemploypt will be of short duration. PDth are those without the skills experience now in demand. Vets Return Veterans reclaiming their pre Jobs partially offset the factors ontributing to unemployment last onth, the report stated. It is esti4 that approximately 50,000 ns had returned to work in by mid-January. Non-durable goods
places will be outlawed for the time being. Any‘ construction which requires use of the dosen scarce materials previously listed by CPA will need a permit, which must come from a local CPA office. Local committees will help the field offices determine whether proposed building are deferrable. The order is expected to prohibit most commercial building except {where its immediate need can be shown, as in the case of shopping centers near new housing developments. The order also will make provision for releasing materials for building necessary utilities extensions and transportation systems. In the case of industrial additions, the applicant will’ be required to show that the project will provide substantial employment, Builders who have started com- | mercial or industrial structures or| homes not already covered by vet-| erans’ priorities permits will be re-| quired to show that the work was started in good faith before the] government put the industry on notice that housing was to have first preference on materials. In general, it-was learned, CPA] plans to deal leniently with struc-| tures already under way. But an legitimate start on a building. excavation will not be considered a
Seek Low-Cost Homes
L Stra 4 Co. wil mov Inn Ho new home a1 the southeast corner of Tinos and. Washinglon
|STORE OPENS ON APRIL 1
Floor Space Will Be Three Times Larger.
Indianapolis shoppers «who are downtown on the first day of April will have the first opportunity to visit the new L. Strauss & Co. store at the southeast corner of Illinois ‘land Washington sts. The store might appear to be in a confused and incomplete state; nevertheless, it will be opened and will have three times the floor space of the old company. Store officials are proud of the progress in construction. Except for the walls and floors the entire building "has been rebuilt. Work will not be completed until the middle of April Escalators have been ordered and will run to the fourth floor; however, they have not been delivered. So elevators and stairs will have to
umes fof CPA atto tudying their attorneys are stu e Has Marble. Front authority to require builders to sur- | The shopper who expects to Se render any materials assembled for | a brilliantly decorated and com- |. structure against which a nop plete interior will be disillusioned. order is issued.
But no matter, business will con- ' A special inter-departmental comtinue uninterrupted. mittee has been created to make
A marble front extending to thei ... endations to Mr. Wyatt oni second floor will give the exterior| co,» government projects as postof the building a modern effect. On offices, flood dams and power de- | | i
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New Organization Promises End to Surplus Confusion
By ROGER STUART Scripps-Howard Staff Writer WASHINGTON, March 14.—The agency whose job it is to pit into the hands of civilians long-needed shirts, shorts and other surplus war goods—the War Assets Corp.—today resounded a familiar theme songs. Delays and confusion which have attended the disposal of surpluses from the beginning, officials chorused, will disappear—come March 25. On that day a new organization will come into being. War Assets
TRADE STEADY ime sens ON LIVESTOCK
will get down to business, cut red tape and sell surpluses. Yards Get 3775 Porkers, 525 Cattle.
Same Song - It is the same song which, with {only slightly different words, has {been sung by disposal agency officials ever since the first piece of Trading was generally steady with prices unchanged at the Indianapolis stockyards today, the U. B. agriculture department said. The small supply of 525 cattle
war goods was declared surplus. The surplus property act was "| sold steady, with cow prices ranging up to strong.
adopted in the fall of 1944, A threemember board was set up under it to replace the temporary surplus property administration which had been headed by Will Clayton. The new board, congress believed, would be able to direct with efficiency and The 3775 hogs and 275 calves were unchanged, andthe 1850 sheep also held steady. GOOD TO CHOICE HOGS (3778) Bu! 1208 pou
ned
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WR BP SC 0) JEP SW LCT 8 Son id A mn did
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dispatch the disposal of an estimated $100 billions worth of goods. The board lasted six months. During that time surpluses piled up in warehouses and rusted in parking areas. Veterans complained that they were unable ‘to buy goods. Businessmen complained they were given a run-around. Continued delay and confusion brought demands for one administrator to replace the strife-torn board. Congress, heeding President Truman's request, abolished the board and created the surplus property administration. W. Stuart Symington, a St. Louis businessman, now assistant secretary of war, was named administrator. Still goods piled up. Congressional committees investigated. Disposal officials explained there was too much division of authority. Center disposal activities in War Assets Corp., a subsidiary of the Reconstruction Finance Corp. they demanded. Gregory Nominated
So War Assets Corp. came into being. The consumers goods division, ‘which previously had been a part of first the treasury department, then the commerce depart 18.38 { ment, landed with War Assets Corp. 1533G16.50 in the RPC. That was two months [email protected] | ag0. «+. [email protected]| Nreanwhile, although millions of ... [email protected] | shirts, for example, had been de- . [email protected] | Clared surplus, they were as slow as ever in reaching civilians, Asked 450|to explain the delay, officials re113s | plied that War Assets Corp. lacked proper authority, that it did not have enough help, that it had too few sales outlets. Give us, they asked, a new organization. Create a war assets administration to replace War Assets Corp. We'll establish new policies, create new regional offices. then the goods will begin to move out-of the warehouses. (~_ President” Truman has nominated Lt. Gen. Edmund B. Gregory, present head of War-Assets Corp., to be C0 wh 12.00013.50 | the DEW administrator. The senate 800-1050 POUNAS «vvavesesess 12.00@13. 3% military affairs committee has not Mediums yet taken action, but is expected to confirm the nomination in time to permit the new agency to be set up by March 25. Plans call for several thousand additional workers. Regional offices, it is understood, will get the bulk of them.
BUILDING AWARDS UP 9% IN PAST WEEK
NEW YORK, March 14 (U. P.).— Civil engineering construction awards for the past week ran § per
p 160,620 workers in the non-man-groups studied, and a decrease of 0.8 per oent noted in retail trade groups. Coal mining showed an employnt drop of 0.4 per cent, but an of 35 per cent in payand non-metallic
PUring
300D GUESS, SHERIFF /
$13.50 14.25 «3 i
14.25 14.85
tenon : Ras
the Illinois street side there will be velopments.
a number of small aquarium type| The plan to permit a gradual redisplay windows. sumption of non-housing construcose entering the store of] tion, with projects given priority in| Washington st. will encounter the|ine order of their essentiality, was same island type of entrance incor-| jecided upon after some officials | porated at the old location, the only | a4 warned that a rigid no-build-| difference being two revolving doors | ing order would cause unemploy- | opening into the first floor. Esca- ment in basic industries if contin-| lators will be a-short distance from yed for a long period.
the doors, thereby. enabling cusLOCAL ISSUES
tomers to reach other floors without having to battle crowds on the Nominal quotations furnished by Indianapolis securities dealers:
first floor. Floor for Women STOCKS Agent Pin Corp cOm ss.ae
Though planning to deal mostly in men’s clothing, L. Strauss & Co. | agents Fin Corp ptd intends to devote the entire third|Amer States pfd ... floor to a modernistic store for women. Men's wear will be on the first and second floors. Two new features to be added to the traditionally conservative main floor are a commer tobacco shop, easily accessible from either. Illinois st. or Washington st., and a huge balcony, extending half the length of the building and reached by a spiral stairway. On the balcony will be an extensive shne shop and a men’s lounge, which officials say should do credit to the most exclusive club in town. Boy's and young men's clothing will be sold on the fourth floor. The fifth will be occupied by an alterations shop and valet service. A complete sports shop will be located on the sixth floor. There, one will be able to purchase every conceivable item of athletic equipment from boats to boots. Also, the sixth floor will have a travel bureau prepared to give advice and information on trips to any place in the world. Near this section the traveler may buy luggage for his itinerary. Plans are to use the seventh floor for office space and employees recreation rooms and the eighth for a stock room.
OPA INCREASES HOG CEILINGS IN STATE :
WASHINGTON, March 14 (U. P.) ~The office of price administration late yesterday ordered live hog
Good— v 400- 450 Pounds ..ecsesscess 14.10 12.75814.00
hotels gained on ‘both oounts.
CLEARINGS FALL NEW YORK, March 14 (U, P.)~ Bank clearings in 24 leading cities for the week ended March 13 dipped 7.5 per cent from the preceding week but topped a year ago by 6.1] Toe soo per cent, Dun & Bradstreet, Ine, peported today.
INDIANAPOLIS CLEARING HOUSE 17 $ 6,572,000 | 900-
11.25013.50
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Sturdy Steel Walls
reres [email protected]
seses. 13.50015.78
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Cholce— 600- 800 | 800-1000 pounds Good—
Deltas Electr.c com .... . Electronic Lab com 84% Pt Wayne & Jackson RR pid 1021 Heriff-Jones Co cl A Pp! Home T&T Ft Wayne 1% ve sl “Yook’ Drug Co co! . @ d Assoc Tel Co ind & Mich Eleo a FE Indpls P & L pid Indpls P & L eom Indianapolis Water ig tIndpls Water Class A com *Indpls Railways com
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cent above the preceding week and 83 per cent ahead of the corre-
News-Record reported today. Awards for the week ended today aggregated $74,769,000 compared with $68,369,000 in the previous week and $40,763,000 A year earlier.
LOCAL PRODUCE
PRICES FOR PLANT DELIVERY Poultry: Hens, 4% Ibs. and over, 33e: under, 190; Leghorns, 18c; springs, 4% Ibs. and over, 22c; under, ; Leghorns, 18¢; : quo, S Ibs. and over, .30c; 200; capons, 6 lbs. and
to case,
At
sponding 1945 period, Engineering:
ceiling prices increased ‘in 10 secondary markets, four of them in Indiana and Illinois, in a move to maintain equitable distribution. The changes included: Terre Haute, Ind., $1450 to $1480; New Salisbury, Ind. $1445 to $14.60; Belleville, Ind., $14.40 to $14.55; Elgin, Ill, $14.45 to $14.60,
“TRUCK WHEAT
Indianapolis flour mills and grain elevators are paying $1.73 per bushel for No. 1 red wheat (other grades on their merits); oats, No. 3 white or No. 2 Jed yellow shelled, $1.11 per bushel and No, testing 34 ‘bs. Tr ter, Sine) 40g No 3 white shelled corn, $1.26.
Eggs: 300; graded eggs, A large, 33c; A
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