Indianapolis Times, Indianapolis, Marion County, 15 March 1946 — Page 28

RRS as ma

recommended by the group's avia-

the’ expansion

wi

»

iii bibbamtiely Bate international atrport for in- © bound planes from Europe and Latin America have been begun by

the Indianapolis Chamber of Com“merce. Chamber directors yesterday decided to ask interested federal agencles to favorably consider the plan

‘tio committee. * Alr conditions at Chicago, a primary terminal, often prevent plane landings, and it is felt that Indianapolis is the closest logical alternate airport, the Chamber said. Chief obstacle to the plan, officlals sald, will be the necessity of obtaining a permanent Indianapolis inspector or deputy inspector from the bureau of immigration and naturalization, since inbound travelers from most foreign nations must be inspected by the bureau. Part of Plan

The’ chamber sald that the bureau would not require additional personnel, but rather would have to reorganize its fleld forces and redistribute them in this general area to provide for the assignment of necessary personnel here. No problem is anticipated in customs inspections, the civic group said, since Indianapolis now has a well ‘organized office of the collector of customs. It is believed details of the necessary work could be worked out with no serious trouble, The airport proposal is part of the Chamber's broad program for of internationel

trade as it is felt that the city would be designated a primary international air terminal as such air

W. R. Haslet, F. K. Brown, H. right), new officers of the Society for the Advancement of Management.

Managers’ Name New Officers

G. Semler, R. C. Gery, G. E. Schioot and Herman Drach (left to

PACKARD GRANTS

at. the Corp.

Chairman of the corporation's

Homer E. Capehart, tative.

duction bonus, Mr.

tive to March 1. production now,

vices and “juke box”

company official added. WILL RAISE OIL PRICE Co.

of Standard Oil (Indiana),

Stanolind Oil and Gas Co., today

PAY, BONUS HIKES

A new union agreement providing pay and bonus increases to all hourly workers was in effect today Packard Manufacturing

The agreement was signed last night, W. F. Struby, firm president, announced, following three weeks negotiations with local 2850, United Steel Workers of America, C. I. O.

board of directors is U. 8. Senator who signed the agreement together with Sam Macer, a union regional represen-

Hourly workers gained an increase of 10 cents, plus a unit proStruby explained The contract is retroacThe firm is in manufacturing automatic music reproducing decoin controlled apparatus. Present wage rates approximate $1 an hour, the

HOUSTON, March 15 (U, P). — The Texas Co. and two subsidiarigs

Stanolind Oil Purchasing Co. and manager of Sears-Roebuck & Co.

announced they would crude oil prices 10 -€ents a bale on

increase |Ples and “planned promotion.”

Messengers Once Again Available

Effective today, messenger serv Ise is again available from Westtern Union Telegraph Co., the local office announced. Messenger errand service was suspended during the war in order to concentrate facilities on speedy movement of the unprecedented volume of war messages, officials said.

OIL DEALERS HEAR PROBLEMS AIRED

Local, national and international problems were discussed by speakérs at the opening session of the spring convention of the Indiana Inde pendent Petroleum association yesterday in the Severin hotel. News Commentator: Alex Drier advocated a firm and positive foreign policy in dealing with Russia and stated that "basic ignorance on both sides of the Russian and

“American issues must be cleared up.” Hugh K. Duffield, Indianapolis

urged better basic business princi-

Other speakers at the first ses-

HEADS

Admits Chapter.

Officers for 1946 were recently elected by the Society for the Advancement of Management. They are Herman Drach, presi-

THE INDIANAPOLIS TIMES

LOCAL GROUPE

Technical Societies Group] e260-

PRICES STEADY

All Light Today.

GOOD TO CHOICE HOGS (2085) Butchers

The Indianapolis chapter of the recognized national professional society of management personnel

dent; William R. Haslet, first vice 1100president; H, G. Semler, s d} Good vice president; Francis K. Brown, - Joe pounds .“ page 17.00 third vice president; T. R. Gockel, {100-1500 Soinas 157501108 secretary-treasurer, and Ralph C.|1300-1500 pounds [email protected] Medium Gery, national director. 700-1100 pounds: ............ 13.500 15.78 Mr. Haslet is in charge of activi- L030 pounds .......e.... [email protected] ties, Mr, Semler in charge of pro-| 700-1100 pounds ............ [email protected] grams and Mr. Brown in charge of | Heifers membership. 600- 800 BGS wus dis vaers [email protected] Round table conference group| ¥e:1008 pounds ............ [email protected] chairmen are N. D. Skinner, A. E.| c0o- soo POURED sesvirnnsess 15.00Q16.28 Sinclair, L. G: Haggerty and T. E. is-1008 pounds ...... verses 10.35@1650 Reilly. 500- 900 pounds ............ [email protected] Dr.’ Laird to Speak 00-900 pounds .......i0 [email protected] G. E. Schloot heads the publicity | qeos TW wap 13.25@14.%0 committee, E. W. Mikels the recep- ng nd reesei [email protected] tion committee, A. J. Kertis the |Canner a4 common’ Maly haus service committee and T. F. Whit-|, , Bulls all weights ten the membership committee. Good (all weight) .........

this month.

has said it will allow an increase in crude prices of this amount later

SELECT FROM OUR LARGE

© STANLEY—121 W. WASH. ST.

ELGIN GRUEN BULOVA $9 24 75 esos - HAMILTON Ur RENSIE

DIAMOND SET EMBLEM RINGS Scoftish Rite K. of C., Eagl tn Se - $4.05 50 odd Fellows and All Others

Ben Rives WITHOUT DIMOND... 3147 Up

Little as $1.25 Per Week!

STOCK OF FINE WATCHES

OPA sion of the two-day meeting were the date set by.ihe OPA. The William H. Trimble, Indianapolis,

who spoke in the absence of R. J. Rogers, president of the association: A. W. Peake, Chicago; and Roy PF. McConnell, Chicago.

CUBA OFFERS SUGAR

MIAMI, Fla, March 15 (U. P.).— Cuban Ambassador Guillermo Belt said here Wednesday that Cuba

AT WAR-TIME PRICE

was admitted in January to membership in the Indianapolis Technical Societies council. At the 8, A. M. regular meeting Wednesday, the group will be addressed by Dr. Donald R. Laird, psychologist, writer and inventor.

Cutter and common . CALVES (am)

Good and shoice ! .. [email protected] Common and medium . [email protected] CUE cancnssinncuns.. + [email protected] Feeders and Stocker Cattle and Calves

Steers oo 500 pounds ........ cess [email protected] 800-1080 pounds ........ veer [email protected] Good .

A native of Indiana, Dr. Laird 12.00013.50 » 00- ee 13 has held professorships at six col- NGL leges and-universities. He will dis- s.75@1038 cuss “Human Relations and Pro- Ewer (Shorn) duction.” Good and choice . . 1.00@ 8.00 and .“ 6.00@ 7.00 Lambs : . Chofce and closely sorted . 15.50 eetings Good and chores :

could furnish the U. 8. 3,630,000 tons of sugar at the war-time price of 3.675 cents per pound.

from Havana to Washington.

Cuba he had conferred with Presi-

that amount,

American countries, he said. Although other countries

pound, it will go to the U. 8S. at the old price of 3.675, he said. A fiveman commission from Cuba is to follow Belt to Washington March 18 to close the deal with the American government.

MILK PRODUCTION AT PEAK IN STATE:

Indiana milk production passed all previous records year, the bureau of agricuitural economics reported today. Hoosier production in 1945 was 3,693,000 pounds, slightly more than Six per cent above the 1944 figure. The increase in Indiana paralleled those of neighboring states, The bureau said the Hoosier pro{duction "increase was “remarkable” since the number of milk cows decreased three thousand to 796,000 last year. Milk production per cow jumped from 4370 pounds in 1944 to 4640 pounds in 1945. «June was the peak milk month in | Indiana, with 381,000,000 pounds. | The low point came in December | | with 241, 000,000 pourids.

iii cdl

CHAMBER SUPPORT BALANCED BUDGET

{ The plan for a balanced pe) budget has been endorsed by the| Indianapolis Chamber of Commerce. The Chamber's directors yester- | |day voted unanimously. authorizing Chamber action to strongly support bipartisan congressional group declaration that the federal budget | can be balanced during the fiscal year beginning July 1, through frugal Cappropriation action.

.

sur-

| | | | |

HARTFORD ACCIDENT APPOINTS MANAGER

Belt arrived in Miami on 2 flight

In dent Ramon Grau San Martin on

the U. S. contract for the 1046 Odban. wage: Stop 30 be signed

ot said that his country's sugar production would equal an estimated 4,250,000 tons this year. Of Cuba will require only 620,000 tons for its own use and for exportation to other Latin-

are purchasing the sugar at 7 cents a

last |

Sales Executives

J. M. Heffelfinger, general sales manager of Boozer-Test Management Service, will discuss “The! Sales Manager and His Relationship to Salesmen and Sales Problems,” at the meeting of the Sales Executives council Monday night in the Lincoln hotel. Mr. Heffelfinger supervises the sales distribution of approximately 30 stores and warehouses, for Boozer-Test, world's largest distributors of piston rings and spark plugs.

VETERAN REOPENS PET HOSPITAL HERE

Dr. Paul T. White, recently discharged from the army with the rank of major, has re-opened his Pet hospital at 1227 N. Capitol ave. Dr. White was station veterinarian at Pt. Custer, Mich., and at the Percy Jones hospital center at Bat-

food inspection duties, he took care of war dogs, pets of army personnel agd R. O. T. C. horses at Michigan te college.

GRAIN DEALERS FIRE

Increases in all departments of business during 1945 were reported today by the Grain Dealers National Mutual Fire Insurance Co. in its 43d annual report to its pol-

*P R Matlory com . Tre y 37 icyholders. Marmon- Herrington com .... 13% 14% At the close of the year both as- a apie]. rin |sets and premiums in force were|N Ind Pub Serv SN . ry

|at an all-time high, the report said, but after taking care of an increase in insurance reserve of over $300,- |, the reduction in surplus was I $14,000.

| ota as $5,755,476. The stockholders meeting will be

T0 PAY BACK WAGES

tle Creek, Mich. In addition to his| Doe

REPORTS INCREASES

Pub Serv of Ind 5% Pub Bary 8 i com

com Soind G & 8 Lin pid Stokely-Van Camp pf

" Terre Haute Malleable. Total admitted assets were re-

AT YARDS HERE

Classes of Receipts

Trade was generally steady on light receipts in all classes of livestock at the Indianapolis stockyards today, the U. 8. agriculture said.

14.35 | senate floor. Ra 3 Forbid Interference : [email protected]| These would insert the language 180- 330 pounds .. .......... [email protected] | Of the controversial Hobbs “antiA Packing Sows po racketeering” measure into the mina rR 14.10 imum wage bill and forbid any gov330- 400 pounds ............ 14.10 ernment agency to interfere with on POURGS «u:.ivavsees 14.10 farm commodity margin es. - Mr, Truman has clea emonti we BUEN] 212d that he 1s Willing to. veto Medium to Good— even requested legislation if it is 10 pounds 11.25018.50 | made the vehicle for unrelated and

FA require the government to oon-

WASHINGTON, March 1§ (U.

Minimum Wage Bill Faces Barrage of Amendments

minimum wage bill Taced a barrage of amendments including several which might draw a presidential Senate sources sald Tt was entirely possible that — President might kill his own suggestion for & higher minimum wage rather than agree to some of the proposed amendments.

P).—~The administration's 85

85-cent in 3 thie senate today,

FRIDAY, MARCH 15, 1048

INDUSTRY SHOW TO OPEN JULY 1

Union Station Will House Permanent Display.

Administration supporters were particularly concerned with proposals to trim down the increase or to tie in the boost with a new

prices. They were less worried about two other suggested amendments which they felt they could defeat on the

controversial amendment matter, Not long ago, he vetoed a war ap78 | propriations cutback which he had recommended because it carried a rider returning the U. 8. employment service to “the states. Mr. Truman insisted that the two questions be considered separate and congress finally passed the cut back bill without the USES rider.d Concede Scant Chance Administration leaders already are conceding that there is scant chance that their bill will be approved. It would increase the minimum to 65 cents immediately with a further increase to 70 at the end of two years and to 75 cents two years later, The farm price amendment would

sider "farm labor costs in setting the levels at which it will support farm prices. It was proposed by Senators Richard B. Russell (D.

method of figuring farm support

Okla),

BATTLE BOOST IN COTTON: MARGINS

WASHINGTON, March 15 (U.P). —Angry farm state congressmen declared war on Economic Stabilizer Chester Bowles and the OPA today because of a government order boosting futures margins on ‘cotton exchanges.

Chairman Elmer Thomas

(D. of the senate agriculture committee, said the powerful farm bloc would strike back with an allout fight to end OPA’s life in Jane. He said the order was a threat to cotton growers as well as the exchanges. Benator Burnet R. Maybank (D. 8 C.) angrily told Bowles that the “best thing” he could do for the country was to resign. Bowles precipitated the storm when he directed OPA to issue an order increasing , margin requirements to $30 a bale in the coun[¢ry’s three cotton exchanges at Chicago, New York and New Orleans. Effective date of the order will be announced later. ' . Bowles said he had asked the exchanges to take the action voluntarily, but they refused. Speculative ‘buying in cotton is sending the cost of clothing upward, he! said, “and I have no choice but to! employ and exhaust all the legal means at my command to stabilize due university agronomists. prices.”

Tentative plans to open the In. | dlanapolis Industrial Exhibit in Union station on July 1, today were announced by the Indisnape olis Chamber of Commerce. The Chamber's industrial exhibit governing committee said the opening would be marked with dedication ceremonies. The permanent display of many Tufiucia of local plants will consist of displays and large wall panals displaying enlarged photographs of many of the city’s major industrial plants. House 10 Units The display cases, now under construction by the Engineering Metal Products Co, of Indianapolis, will have the form of the observation end of Streamlined railway Sus with large plate glass windows in’ aluminum frames. Bach will be approximately 16 feet long, six feet wide and eight feet, six inches high and will house 10 display units. Some of the cases will extend horizontally from the west wall of the station and the rest parallel with the eagg wall.

URGE GROWTH OF LINGOLN SOYBEAN

Times Special LAFAYETTE, Ind, March 15.

| Hoosier farmers are being urged to {grow the Lincoln soybean by Pure

Because of the higher yielding

The economic stabiliser said ft] ability and greater oil content of

was a case of boosting margin re-

| this variety, state farmers can help

Ga.), Burnet R. Maybank (D. 8S.

quirements or putting ceiling prices| on raw cotton, a step he called “the |

meet the call for greater soybean production this year by producing

C.), and Olin C. Johnston (D.S.C.). Senator James O. Eastland (D. Miss), and W. Lee O'Daniel (D. Tex.), suggest that the language of the Hobbs bill be included in the

last and least desirable alternative.” this strain, the agronomists say. Cotton margins heretofore have ranged from $10 a bale in Chicago ers could increase production 3,000, to $30 in New York.

They declared that Hoosier farme

000 bushels by growing this variety

legislation. Chairman Elmer Thomas (D.

LOCAL PRODUCE

instead of others, including Mane chu, Mandell, Ilini and Dunfield.

Okla.) of the senate agriculture committee, proposed the amendment on margin prices after Economic Stabilizer Chester Bowles instructed OPA to increase the!) margin requirements on cotton futures to $30 a bale.

Medtum and good Common ...

WESTERN UNION CO.

Retroactive wages totaling $133. 700 will be paid to 935 local em- | ployees, the Western Union Tele- | graph Co. said today. The increase will be paid both to organized workers, represented by the A. F. of L., and to organ | ized employees, Payment t0 over 60,000 nationwide employees will total about $31 = 000,000, officials said. i

LOCAL ISSUES

Nominal quotations furnished by dealers:

indisuapolis securities

Asked

com 51y t Wayne & Jeckson RR ‘pd “102% Ra Co cl A pfd | Home TXT WM Way 1% pid 51 Hook Drug Co co nd Assoc Tel Co - ‘pd Mich Elec 412% ptdIndpls P & L pfd : jag is P&L com... apolis Water pfd : tindnis Water Class A com... Tani Railways com Jeff Nat Life com .... Kingsh & Co com

& Tool

Stokely-Van

shar aanaae

hel : ecto! American Loan +%s 88 | a Apri] -3 Dir will be American Loan 4%s 60 97 elected at this session, the Company | Buhner Fertilizer bs 54 8 stated Ch of Com Bidg 4s 61 ..... 92 | Oltinens Ind Tel 4%s 61 ..... 103 ss Club Y%e 8s ...... 82 vous) i - Fin Ss 56 .renrre » avin] Indpls P & L 3%s 70 . ..107 Indpls Rallway Co 5s 3 935 964% Ind Assoc Tel Co 3s 15 | Indpls Water Co Cvs 68 °..... 106% 108 Kuhner Packing Co 4s 54 ....100 . N Ind Pub Serv 3%s 73 106% 108% Pub Ind 3%’ 78 108% 110 Pub Tel ¢%s *6 ... ...... 100 Arthur C. Wolf has been ap- Trae Term Corp Ss 67 ....... 85 .-

pointed Lincoln - Mercury district supervisor with headquarters in Indianapolis. An employee of the Ford Motor Co. since 1932, Mr. Wolf was recently. discharged froma the "army with the rank of lieutenant colonel alter four years of service.

the Indianapolis Ford tor Co. branch before the war, ahd his ap-

C. E. Shumaker has been named manager of the Indianapolis branch | office of the Hartford Accident &| Indemnity Co A native of Angola, Mr. Shumaker was special agent for the Hartford Fire Insurance Co. in'Indiana for 10 years, and recently has | been special agent for the Hartford |

{Accident & Indemnity Co, in viel

Indianapolis territory.

ra r———————— PRICES AT PEAK WASHINGTON, March 15, (U.| P.) —~Wholesale commodity prices during the week ended March 9 spurted to a new peak since September, 1920, reflecting higher ceiling prices for grains, the bureau of labor statistics reported today. The bureau's index of whole commodity prices on March 9 stood at 108.2 per cent compared with 107.8 a week earlier and 105.1 ‘a week ‘he- |

; . Z ’

Re "ol

pointment is part of a nation-wide |g | program to establish” an exclusive Lincoln-Mercury division with the Ford Co.

Bx He served ms sales manager of

Cash balance Public debt

| Clearings | Debits Vana

1 | i J Williamson Ine Ss 86 .... . *Ex-dividend. ! |

U. S. STATEMENT

WASHINGTON, March 15 (U, P,).—Gov-" ernment expenses and receipts for the current fiscal year through March compared with a Jour a |

t Yea Th 4.314 sr 764, 447, 801 089,008,258 62,036,970,337 . nL, 174 28.993,579.565 . 19,609,540,140 38,770.867.8326 | 24,661,608, 15,406,052,842 278,576,500,809 235,250,117,479., reserve. 20,232,256,516 20,453.474,7190

us Net deficit

INDIANAPOLIS CLEARING HOUSE . ceiienen 86,645,000

oe. 17,971,000

We Offer :

Agents Finance

412 CIRCLE TOWER

59, ‘PREFERRED STOCK 1} AT PAR AND ACCRUED DIVIDEND To Yield 5%

- Crry Secuniries CorporaTion

favestment Bankers

Company, Ine.

r—

ang over,

light, 15¢c; geese, over, 30c; under, 22e,

HARD-TO-GET ITEMS!

PRICES FOR PLANT DELIVERY Poultry: Hens, 4% Ibs. and over,

20¢:

wie unten receipts, 54 Ibs. to ca

ded eggs. A large. 33a:

~The CHICAGO Store

146 E. WASH. ST.

We

The LOW PRICES

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13 95

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TRUCK WHEAT

anions flour mills and grain ele. 13 per bushel for Nore 1 Pos wheat (other grades on their merits); oats, No white or No. 2 red yellow shelled, $1.11 per bushel and No. $ ‘bs. ‘r better. T8¢. corn, No. $

——

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