Indianapolis Times, Indianapolis, Marion County, 12 April 1946 — Page 16
" HOUSING PRIORITY CONTROL RELAXED
Residences Planned for Under $10,000 Get Right of Way; Veterans’ Widows and Farmers Included in Order. |
I “ By HELENE MONBERG 1.2 United Press Staff Correspondent WASHINGTON, April 12.—The government relaxed its restrictive emergency housing order today to permit many groups of non-veterans
véreians
: a | RINNE ARITHMETIC
'
VETERANS
775,000 3,025,000
NON-
* "2,700,000 325, HOME === NEW HOMES IN Sa HOMES’ SHORT SEEKERS NEXT TWO YEARS
os
OF NEED, (NEA Newschort!
to construct new homes or other essential building. ! The civilian production administration and the national housing ——————
ency said priorities assistance now would be granted to servicemen, . ° : Oi WwW | al: widows, farmers and other special groups. Bring in Deepest I e
In the World as a Gusher
In addition, any home owner may make repairs or alterations which are absolutely necessary or will provide additional lving space, although priorities ald will not be given in such cases. This means they can do the work but must scrape up materials wherever they ean, Builders completing non-veterans housing started before March 26 also will be allowed to gO ahead provided the sale price is under $16,000 or the rental under $120 a month. CPA officials said the step was taken to get such homes “out
of the way fast.”
forces, the mercHant marine, Americans who served with allied forces during the war, widows of men killed in service and widows of |
a child of the deceased.
dwellings to maintain or increase essential food production. most food is considered essential|ing. most farmers will be included if
tend $10,000. THREE: Producers of scarce materials or products who can show
WEEKS ISLAND, La, April 12 (U, P.).—The world’s deepest proWorld war II veterans living with|duecing oil well was gushing black gold today from 13,700 feet, The well was brought in amid the picturesque Evangeline country TWO: Food producers who need yesterday by the Shell Oil Company after 191 days of actual drilling. to build, alter, or repair farm On a production test, the well turned out at a rate of 530 barrels a day. However, it will be permitted to produce only 380 barrels a day under Since the Louisiana system of pro-ration-
The site of the record-shattering cost of construction does not ex-/well is owned by Dr. Charles M. Smith of New Orleans, and the 83-year-old doctor was on hand yesterday to bring 'er in.
Early House Action Seen FIFI tT Tae FOr WOTKers is 1 | on. The. action was taken following peding produc complaints the housing order was too narrow to cover many deserv-
rd tornado or other natural disaster, ing cases. Originally only veterans
FIVE: Educational institutions or
sistance. dort housing accommodations for service- with a . Future homes bullt under the... anq veterans. pound.s.
homes were destroyed by fire, flood, wrench which opened the valve onj| the drilling rig’s “Christmas tree.”| : reterans’ hous- And the opening of that valve did | or persons building veteran: [public organizations constructing or the trick. The black gold poured ing were eligible for priorties #57 altering dormitories or other groups forth through an 1164-inch choke _pinancial experts today gavel § tubing
pressure of
“Assisted by Btate Conservation Commissioner Joseph McHugh, he FOUR: Disaster victims whose gave a hearty tug on the top cock|
|
2760
program must sell for not more| gr. Gyners of buildings which than $10,000 or rent for not more; ..e peen vacant for six months than $80 a month. because lack of repairs made them
LOCAL ISSUES
Meanwhile, the house Was eX- |; ,.nitaple,
pected to take early action on the| ' parmers must have the recom-
Nominal quotations furnished by Jndianapolis securities dealers:
senate version of the controversial| .. qation of their county agricul Aectt. Pio. Com STOCKS Bia Aste Patman housing bill. It either can|i a1 conservation committees. | Agents Fin Corp pfd im a vote on the bill immediately or send a Amer States pfd Lu» it to a conference committee to Amer States of B ......eees.. 33 work out a compromise measure. BUS LINES ELECT L's wes dace pf... 1000 Senate Figure May Be Cut Belt R Stk i pom... 3 40 Bobbs-Merrill 4%% pfd wire semsooos mn muenwn| HALL PRESIDENT sci 2” * ii y » entra YA com .. 2 subsidies which the senate 83-| p Gul, Indy Gite Thebtn OR 710 oi | proved but the house rejected. Re- Call, : ndishapolis, was Cons Fin Corp pid pe a t|elected Indiana Bus association Deita Electric com .. ........ a publicans led the house figh Electronic Lab com .......... 6% % against subsidies but their oppo-|president at the group's annual PL Wayne & Jackson RR pid 103s 107: | sition appeared to be diminishing meeting Wednesday in the Lincoln Hook Jone: Co” loom ition i a somewhat. hotel Ind Asso Tel Co 1 p ... 83 ; . ; Mich Elec 413% pfd ...111'% 113% Rep. Fred L. Crawford, ~Mich., Mr. Hall is regional manager of I Bet gli P ii5 3 ir blican member of the : °8 ag Indpls P & I) pfd .. cn 1% 113%) fanking Repu J the Pennsylvania Greyhound Lines,| Indianapolis Water pd ..... 105 : house banking committee, said he Ine ’ Indpls Water, Class A com . 2 n believed the house would accept the ™ a a IR 3 senate version “by a slight margin.»| Other officers are John Martin, gi..." aE %| : y vice president, and treasurer, and| Kingan & Co pfd ... 100 | Rep. Ralph A. Gamble (R. N. ¥) |p, ,' 5 garman, secretary. Both| Lincoln Loan 8st vid | predicted,” however, the sengie Ng are from Indianapolis BR Mallory Lite, te Ears 0 ure may be cut from $600,000,000 to At last night's banquet Leroy T Marmon-Herrington com 15% | $300,000,000. 5 Yoder, Indianapolis public service a 98 At the same time, Senator Robert commission chairman; discussed N Ind uly Serv 57% 11% v ’ TOgres u com eve A. Taft (R. O.) sald he thought general problems still facing the Pub. Serv of Ind 5% 107 congress should take final action|y... and deplored the public's fafl-|Pub Serv of Ind com 431, this year on a long-range housin on p Rees Cour & 150 sou 33% Biure to realize the lines still operate{So Ind G & 8 48% pfd...... mY 113% bill designed to stimulate construc-|,n der wartime difficulties Stojely-van Sump 9b %* Ba . ely- n J tion of 15,000,000 new housing units| He said the group he represented | Terrs Haute Maheable 9
during the postwar decade. The|replized the companies still were senate is expected to vote on it| handicapped by lack of equipment Monday, and repair parts, shortage of manTaft Elaborates power, and overloading. Mr. Taft said the bill was per-| Col. Austin R. Killian, superinhaps one of the most important to|tendent of state police, presented come before congress this year. He! safety awards to the Swallow Coach said it would give “decent housing”| Lines, Inc.; Indianapolis-Vincennes to all pf this country's 37,000,000 Coach Co., Inc.; Blue Bird Lines, families. Inc.; Vincennes Transit, Inc, and Under the government's broad-| Danville Bus Line. ened housing order, priorities assist-
Kuhner Ind
Other ‘speakers yestérday included|N
ONE: Members of the armed| George E. Owen, St. Louis. *Ex-dividend
U 8 Machine com , United Tel Co 5% ... Union Title com
American Loan 4%s B88 American Loan 42s 60 Buhner Fertilizer 05s Ch of Com Bldg 4'zs 61 Citizens Ind Tel 4's 61 Columbia Club 1'%s 5s Consol Fin 5s 56 Indpls P & L 3's 70 Indpls Railway Co 5s 57 Ind Assoc Tel Co 3s vas Indpls Water Co 3's 68 .. Packing Co 4s 54.....100 Pub Serv 3%s 13
Bonds
M....
5
ance will be granted to the follow-|State Secretary Rue J. Alexander; Pub Re 38 75... | 00 ing groups: Claude M. Gray, St. Louis and FN on Corp ne 5 i
——— ee ————— GRANTS cor or us
for all the children
children!
New Easter Shoes
«3
Designed to give growing feet ample com- - fort and support! Leathers that take rugged wear! Favorite styles of mothers and
“To help growing feet" Parent Magasine says WEE WALKER SHOES, Tan and white. Sizes 1 to 8.
Trim and flexible for infants’ feet. White pigskin, Bises 4% to 7%. Reg. 1.79.
Brown Oxfords for boys. Sturdy wear, wing tip. For school or dress. Rubber soles. Sizes 84 to 3.
Outstanding values. Boys' moccasin oxfords. Famous for long wear. Brown leather, “rubber soles and heels, Sizes 8'4 to 3.
Brown saddle oxford for girls or boys. Brown rubber soles. Bizes 8% to 3.
Boys’ brown oxfords, with wing pT cord soles, Sizes 3's
1.49
1.47 2.21 1.99
1.99 2.98
¢ |listed men.
”
108% 110
| ment,
:|cated that the deficit for fiscal 1946 ..|would he about $21,700,000,000, or .:'|almost $7,000,000,000 less than an-| . [ticipated in January.
- | $64,700,000,000, or about $2,600,000,,|000 below the January estimate.
howerer, indicated that he hoped for lower expenditures.
Point to Pending Bills Bureau of the budget experts said
= THE INDIANAPOLIS TIMES
HOGS HELD AT | Amendments Deal Body Blow
300- 330 pounds 330- 360 pounds Medium
500-1000 pounds Choice and closely sorted .
Good and choice . Common and medium
aX
CEILING PRICES To OPA Controls, Porter Says
6100 Are Received Today
At Indianapolis Market.
The 6100 hogs, received today at
|the Indianapolis stockyards continued at ceiling prices, the U. 8S. agriculture ‘department reported.
Receipts of other classes of live-
stock were too light for an effective market test,
GOOD TO CHOIOR HOGS (8100)
120- 140 nds [email protected]! 140- 160 pounds 14.250 14.85 160« 300 pounds 14.8%
« 14.85 [email protected]
160- 220 pounds veces [email protected] . Packing Bows ; Good to Chofces— " 270- 300 pounds ........... ’. 14.10 330- 400 pounds ...ieviiinenn 14.10 Good : 400- 450 pounds ......iieinne 14.10 Medium 250- 550 pounds ............ [email protected] Slaughter Pigs Medium to Good-— 90- 120 pounds [email protected] CATTLE (375) Steers Cholice— $00 pounds [email protected] 900-1100 pounds [email protected] 1100-1300 pounds .+ 17.00918.08 1300-1600 pounds vere [email protected] Good— 700 900 pounds [email protected] 900-1100 pounds . . [email protected] { 1100-1300 pounds .. . 15 78g17 00 Ha em 1)00=1500—pounds—+5 15 15Q1T 251 | Medium — a 700-1100 pounds ..... . [email protected] " . ’ 1100-1300 pounds 14.00015.75 Common-— Experts Say President § 700-1100 pounds Bate [email protected] 7 eifers - Cholece— Plan 50 50 Bet. Bo0~ 300 PONDS “ovis. unerin [email protected] 800-1000 pounds .....eoi000- [email protected] WASHINGTON, April 12 (U. P.).| Gaod | 600 BOO pounds .....enveves [email protected] 00-1000 pounds ...... seeses [email protected] President Truman about a 50-50 Medium... ine B15 chance of achieving his hope for a! dammon— © = reeves : ; balanced federal budget in the 1047] 500 800 pounds ....ccoovvens 11.00013.23 fiscal year, which starts July 1. fq.4 COWS (1 weigh) oo YSAPIS 00 They agreed it could be done, but | Medium SN veveras 1128 HH said_government ending may be GILT 400 bomen + REI considerably higher next year than et Bulls (sll weights) of — the administration has anticipated.) “5070 (; vegnta ......... [email protected] Cheered by the steadily closing Sausage— gap between government income| Fadl ni Hoa 250 ‘land outgo, Mr. Truman told his| Cutter and common ....... [email protected]
news conference yesterday that his CALVES (350) ...|aim was to balance the books in| Good and choice ............ 17.500 18.05 | | the 1947 fiscal year. SOREN S14 WOO .-cooss 19081100 He sald 1947 receipts would be| Feeders and Stocker Cattle and Calves substantially higher than the $31,- holo Steers 513,000,000 estimate of January but| eoo- 800 pounds ............ 15.006 16.00 that it was too early to venture| 800-1060 pounds ............ [email protected] a revision of the January spending| 500- 800 pounds ............ 13.00 @ 15.00 estimate of $35,860,000,000. His state Ju.i0se pounds ...ienieilnn 13.0062 15.00
Sierras ver. [email protected] 15.75
SHEEP (50) Ewes (Bhorn)
14.75@15 | 6.000 7
: _- FRIDAY, APRIL 12, 1946
TOURIST SPREE
WASHINGTON, April 12 (U. P.).—OPA Chief Paul Porter says the fight against higher prices suffered a “body blow” that may cost the
public $2,000,000,000 when the house accepted three amendments to|\/ i endi {the price control extension bill, a Reatan ng May Mr. Porter wrote in a letter to Chairman Brent Spence ;(D. Ky.) op $200,00 |of the house banking committee, that the amendments would “swell the p 0,000. | profits of a few already prosperous — ————| Vacation expenditures by visitors industries” and do nothing to re- to Indiana ma ’ lieve hardships in other industries. PRICES RAISED Lord this y set an all-time reoHe referred to amendments which | year, Henry T. Davis, would eliminate OPA’s cost-absorp- | (Chairman of the advisory committee tion and maximum average price (for the state department of comprograms and require the agency | merce and public relations, foreto consider actual rather than par-| cast today. ity prices on cotton and wool In| Se ad » Mr. Davis, who also is secretaryfixing prices{on garment made of : manager of the Indianapolis Conthose materials, Increases From $66 to yenbion bureau, estimated tourist None of the amendments was) ‘returns to the state would top $200, needed, Mr. Porter contended, a | 3417 on Most Costly Autos. 000,000.
WASHINGTON. April 13 (U. Po). “The pent-up desires of millions of Americans for long-deferred va-
doBts. fhe WI public ‘was told cations is being stimulated by the Mr. Porter denied the maximum |°%% "h& OPA ceiling prices on ‘Victory Vacation year’ program of dverage price program had dis- |four 1946 model General Motors au- the National Association of Travel
couraged clothing production. He |tomobiles would range from $66 to Officials,” Mr. Davis said. sald he challenged any critic of |$417 higher than in 1042. | At the same time, Lt. Gov. RichOPA to show “100 yards of.apparel| The new prices affected only Pon. a: James, director of the defabric which was not being made |tiacs, Oldsmobiles, Buicks agd Oad- (P00 u ent of commerce and public into garments.” Fabric, he said, is|illacs built before the 105-day Gen-| © 2t0n% sald the department had being used as fat as it is produced. [eral Motors strike and now in the| een averaging more than 60 replies H hands of retai a day to tourist requests, Mr. J e added that the cotton and, hands of retail dealers. nd. Mr g ames wool price amendment would add| New and higher prices will be| 5 - Davis will discuss tourist
about $120,000000 a year to the|Bnnounced later for cars built after|SoraoP lenis over radio station
) a1 {the company granted an 18%-cent| WIRE on the “Inside the Indiana nation’s clothing bill in addition Capitol” program at 9:45 rm
to a $60,000,000 increase every time {hourly wage increase. OPA did not, the price of cotton —went—up one S8¥ When the new schedule would | ’ #
cent, be announced. | The cost absorption: amendment, The approved increases over 1942 RINGLING KIN BACK
he said, will not increase automo- | Pricees includeg: { Pontiac, from $66 to $95 average NEW YORK. April 12 (U, P).— John Ringling North, blood nephew
bile productiom or sales, Mr. Por- | ter said OPA figures showed that Boi} Oldumibie: rom oo 8 Ji the industry “has been prospering” gq 8 erRee $77; Tiida although many people had the idea $148 to $417, average $286. $ SOM of the five founding Ringling Brothers of circus fame, was back in power today as first vice president ‘of the Ringling Bros. and Barnum
merely will result in a “sharp and unwarranted increase” in living
that it fared ill during the war. The increases covered only techmeat subsidy program July 1 and |the fall of 1945. give meat producers a price in-| OPA previously granted Chevrolet & Bailey circus. beens announced. Who had unseated North three years U.S. STATEMENT me IR WASHIIOTON. Aor 13 (0. Foo a LOANS ARE CLEARED ager of the circus. Haley recently ernment expenses and receipts for the ” (served a prison term for involuntary
Mr. Porter did not mention the {nical and engineering improvements crease. Buch a move would boost|a $43 increase on its four-door se- North, executive officer to James Ringling had been business mancurrent fiscal year through April 10 com- manslaughter in connection with > n FOR 6 STUDENTS disastrous circus fire at HartIu ford, Conn.
house agriculture committee's recmade in the 1946 models and w ommendation that congress end the |,\q materials cost snot ey retail meat prices about six cents dan to cover technical Do Haley, newly elected president, a pound. Other Chevrolet prices still have not| eplaced Robert Edward Ringling, pared with a year ago: This Year Last Y
L Year Expenses $53,117,048,700 $76,241,007 039 War spending 12.241,829, 104 69,380,575,434
| Receipts .... 150.780.2523 35,504.250.245 ‘ | | Net defeit 18,068, 163,447 40,646,847,198 The first Sroup o Jomns to Indi-| An PR Cuncemen) last night also Jas alance ,813,481,818 13,743,811,437 | ana university students who ar -| revealje t Public debt ,274.379.566,302 235.232.077.362 | : 8 ox 8, stockhoidars had
20/352708.470 20.418,522,699 | O- 1S Was cleared today with the named a board of directors com{state department of veterans af-iposed of Haley, North, Mrs. Aubrey
Gold reserve
INDIANAPOLIS CLEARING
Clearing, HOUSE woe | 18175: |Ringling Haley, Mrs. Charles RingDebit”... vn 15,550,000, A total of $1690 in loans to 25ling, Robert Ringling, George D.
students -was approved by William | Woods and J."R. Griffen, who also Stalnaker, veterans affairs director. WAs named secretary-treasurer, Loans are made from a state fund| Meanwhile, a statement regarding
TRUCK WHEAT
| Indianapolis flour mills and grain ele. | vators are paying $1.73 per bushel for
the President apparently did not Lambs 0. 1 red wheat (other grades on their financial as ported i ong . f ri take into consideration several Good®na choice . .. | 1533p 1e.00| testing 34 Jot. of better Mer corn, No 3 I densa oe Ee Aros or org, "os pending bills which would cost ad-|Medium and good ........... [email protected] | yellow shelled. $111 per bushel And No. 2| ’ {made today
ditional billions.
Common
| prepared.
| They cited the $600,000,000 in building subsidies in the pending housing bill; the $632,000,000 in-| |volved in one army-navy pay raise| (bill in the house; and the $3,000,000 |or so that would be required if con|gress decides to equalize mustering| out pay benefits of officers and en-|
Mr. Truman said decreasing ex-| penditures and rising income indi-|
He estimated receipts for the current fiscal year at about $42,900, | 000,000, or $4,300,000,000 higher than| the January estimate. Expendi-| tures, he said, will amount to about
Cites Fiscal Policy
“It is the aim of our fiscal policy |to balance the budget for (fiscal) [1947 and to retire the national debt {In boom times such as these,” Mr, | Truman said, “In our present fight against inflation, fiscal policy has a vital role to play. A continuation of our presens policy, which is to maintain existing tax structures for the present, and to avoid non-essential expenditures, is the best fiscal contribution we can make to economic stability.” Even with no new tax cuts and| « continuation in the present high| level of industrial activity, govern-| | ment income in the 1947 fiscal year |is not expected to approach the | $42,000,000,000 estimated for this | year. A major reason is that part| | of the present year's income is the | result of high wartime payrolls. { Appears Justified { | However, Mr. Truman appears] | well justified in believing 1947 in-| | come will surpass the $31,513,000,000 forecast in January. The question! {af whether the books can be balanced arises because spending also) may be higher than the January | estimate of $35,850,000,000. Mr. Truman himself conceded that some of the 1946 spending cuts were the result of deferring ex-| penditures “into 1947 or subsequent years.” r | In addition, it is far from certain | that tax rates will remain the same in 1947. ‘Theres has been strong | sentiment in congress for more tax | cuts a8 government spéhding is reduced.
MOVES TO SPEED UP "RAIL REORGANIZATION
WASHINGTON, April 12 (U. P). ~The senate interstate commerce | committee has approved a bill to speed reorganization of bankrupt rallroads, a process which now| sometimes requires more than a! decade. The bill would permit groups af{fected by the reorganization to agree on a plan among themselves and to put it into effect merely with the permission of the inter state commerce commission. Reorganization under section TTA of the bankruptcy act now leads to tedious court litigation. The bill would affect eight roads riow in reorganization under TTA Missouri Pacific, Rock Island, New Haven, Denver & Rio Grande Western, International-Great Northern, Gulf Coast, St. Louis & San Fran-
cisco, and the St. western (cotton belt). VAN JOHNSON FINE HOLLYWOOD, April 12 (U. P.).
Louis-South- |
|
|
|—Movie star Van Johnson was in!
¥
Open Tonight Open Tomorrow Night
‘09
“and THIS Sofa Bed
is the kind so many are asking for—
Buys This Five-Piece y SOFA UTFIT
AT SOUTHSIDE FURNITURE ¢0.
TOMORROW
WITHOUT I;
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In Addition to the
*Sofa Bed
The group includes:
*Occasional Chair rocker
*Coffee Table *2 End Tables
All at $1.25 Per Week
0%, DOWN iW
A YEAR TO PAY
So many people have been demanding Sofa Beds WITHOUT ARMS that we finally induced some of the leading makers to give us this type sofa fed again! Consider this more or less of a Southside “scoop” until other dealers learn that many of you PREFER sofa beds without arms. Now here's a FIVE-PIECE sofa-bed outfit which actually gives one room the service needs of both living room and bedroom. Sofa Bed, Coffee Table, TWO End Tables
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OPEN MON., FRI. SAT. UNTIL
ND)
[“fme” condition today after an }
9PM
LARGE, ROOMY Two-Door Wardr
A greats big storage space to keep mente—on hangers—in good shape.
FOUR-DRAWRE a CHEST inches | wide. y $ Make’ your toast st the table—have $ py A wiissimlisr te every tice piping hot—-no cold toast d in the base), maple or —no wailingne waste. Conserve daywalnut finis
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932-934 South MERIDIAN Street
STATE EXPECTS *
] i 4 4 | | }
FURNITURE LL LE &
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A’
Yes, |] prices counts have stock purch
OPEN