Indianapolis Times, Indianapolis, Marion County, 10 May 1946 — Page 32

Page PDF (8.78 MB)

Back to issue view

§ i *

RTS TR AR

CARAT L

_ and friends.

"tive for featherbedding is the ele-

the government contributing un-

ri A RE RAR RR

Fe : ao

AI yeirare WL

n of hs Housing Project at Hoosier

Plant May Help Solve Problem.

By KENNETH F. McCORMICK Sok Times Special Writer

‘WASHINGTON, May 10.—Because trade unions are feathering

their own beds, building costs have soared some 20 per cent, according | The report is the final estimate of Onslow, director of the National association.of Real Estate

requirement that a

a shop steward be on the job where bricklayers are working is an example pointed to by

U.S. ESTIMATES

locations Are Urged on Basis of Need.

By GRANT DILLMAN United Press Staff Correspondent

WASHINGTON, May 10.—An important agriculture department report today indicates how much help the United States will be able to give hungry people next year,

the size of the winter wheat hare vest. It will show whether the United States is likely to achieve

Mr. Onslow. 2 Before the war, he said, a good

a day. The bricklayers union of St. Louis has ordered the output halved, he added. Mr. Onslow also charges unions have blocked technological Iimprovements in the building industry. “As an example,” he said, “use

GRCUP PROBING

Restrictions Clarified.

WASHINGTON, May 10 (U.P.).— Midwestern senators called govern- | ment price, agriculture and transportation officials into conference

a house from two days to two weeks.” Labor Pressure on Cities Stringent building codes. adopted by man cities, with the resultant higher cost of construction, have been attributed to labor’s influence. In some areas builders are re-

quired to erect 12-inch walls in houses, when eight inches would suffice.

affect the incoming wheat crop. As witnesses, the senate group | summoned representatives of the agriculture and war departments, OPA Administrator Paul Porter, Col. J. Monroe Johnson, director | of the office of defense transportation, and representatives of the American Association of Railroads. Representatives of the flour milling industry also were invited to question the government officials. Senator Clyde Reed (R. Kas), acting as chairman, said the industry representatives and senators want to know: ONE: How long the requirement for. 80._per. cent flour extraction is going to be kept in effect. TWO: Why the government won't let millers keep more than 21-day supply of flour on hand. THREE: Whether the government intends to export wheat or mostly milled flour in its food relief program for Europe. FOUR: What the government is going to do about making available more materials to repair and build new freight cars for grain shipping. Mr. Reed reported unprecedented confusion about the 1946 winter wheat crop. Harvesting begins in about two weeks, The meeting was sponsored by senators from Kansas, Oklahoma, Nebraska, Colorado and Texas. —

Gradually, the public's anger is being roused. More letters are piling up on congressional desks demanding strings be removed from home construction. The storm is rising among 3,000000 married vets and 500,000 nonvets who are living with relatives

‘Mr. Onslow and others familiar with union problems agree the mo-

ment of insecurity in the building trades,

Annual Pay Is Lew Although trade unionists receive high hourly wages, their yearly take-home pay is far lower than in any other branch of labor, “If is the fear of layoffs which cause craftsmen to stretch out their jobs &s long as possible, especially when they see the’ layoff period approaching,” he said. ‘ The Real Estate association is gdvancing a plan by which trade workmen would be assured an annual wage through an insurance pool with ‘employers, workers and employment benefits for trade workers. Building costs would drop off, Mr. Onslow said, because under terms of the federal donation, cities would be forced to revise building odes to eliminate make-work prac-

ors the war, John L. Lewis, U. M. W. president, apparently sensed the need for a progressive new program in the building trades field,

In Steady and

Selling on the hog market at close. Receipts were 6900.

change, while vealers dropped 50 ce Slaughter lambs

Russian sailors, visiting this port Bulls (all weights)

which funnels supplies across the|®Good (an weights) ....... [email protected] Pacific, especially favor meta] yo- |Sausage— nou 4) yoes, the makers claimed. ats LL rks eee iin “gy. ty % Cutter and common ..T5... [email protected]

AVERAGE WEIGHTS USED

WASHINGTON — The general Good and choice ............. [email protected] | Average used by aircraft companies Cully oo, oo. eA et 1 0G 10.50 as a computing standard for pas-| Feeders and Stocker Caitle and Calves senger weights is now 160 pounds. hale Steers Formerly it was 10 pounds more, | 500- 800 pounds ............

FUNNY BUSINESS

WHEAT POLICIES

Midwestern Senators Want

today to clarify policies which will

Hogs Sell for $14.85 Ceiling

[email protected]

By Hershberger

its goal of a 1,000,000,000-bushel wheat crop for the third year in a row. Officials will be watching to see whether recent dry spells in the southwest and northern great plains have damaged seriously the winter wheat, which comprises twothirds of the nation’s wheat crop. Meanwhile, the 48-nation U. N. R. R. A. council urged international | food allocating authorities to distri[bute the world's available food sup- | plies among all the United Nations “according to need.”

Stingy With UNRRA

The most important of these is {the combined American-British-

‘ID TO HUNGRY

| Canadian food board which U, N. R. R. A. Director Fiorello H., La| Guardia has criticized ey i being stingy with U. The board allocates Su i of the three important food-pro-ducing countries. The resolution said there was every prospect the present global food crisis would continue into next year and urged both importing and exporting countries to improve their domestic and international machinery for distributing food. Mr. La Guardia sald, previously if the countries who do have food would share it with those who do not there would be enough to prevent mass starvation even in the destitute nations. Admit No Authority

Government officials meanwhile watched whether the nation’s major grain exchanges would prevent large profits and losses as the result of the government order boosting grain prices. High agriculture department officlals said frankly they had no| authority to moderate the resuits | of transactions in grain futures. Sources at the office of economic stabilization said they were “hoping the boys would go along” with the government's recommendation.

Active Trading

the stockyards today remained active |

and steady, the $14.85 ceiling holding as the week's action drew to al

nts.

held the week's sharpest and most uneven gains. [armor Herrington com

FIRST CROSLEY CAR IS MADE AT MARION

MARION, Ind, May 10 (U. P.).— Production of 1947 Crosley automobiles was officially under way

today after the first: model rolled off assembly lines yesterday. Powell Crosley Jr., spoke during

ceremonies and a “christening” of |

the new car by his daughter, Mrs. Stanley Kass, Mr. Crosley retail for $750 under OPA regulations. A lightweight machine, Mr. Crosley said he hoped to eventually sell it for $500.

LOCAL ISSUES

Nominal quotations furnished by Indianapolis securities dealers:

STOCKS Agents Fin Corp com

Bid. Asked

Agents Fin Corp pfd 20 Amer Btates pfd ......ce00000 25 Amer States cl A -..... . | Amer States cl. B L 8 Ayres 42% pd . {Ayrshire Col com . . 35% Belt R Stk Yds com ..

Belt R Stk Yds pid Bobbs-Merrill 427% pid . Bobbs-Merrill com Central Soya com Circle Theater com . Comwith Loan 4% pid Cons Fin Corp pfd .... Delta Electric com Electronic Lab com .

1 Pt. Wayne & Jackson RE pid 103'; 107% Herfl-Jones Co cl A pfd...... 12 wos Hook Drug Co com “aad 23'% . Ind Asso Tel Co 2 pid .. 52%; s Ind & Mich Elec Sah pid 113

Indpls P & L ¢

Indpls P & L ne EARLE Stans 112 113%a Indianapolis ‘Water “pt. vas 307% 31g 1

Bhdpls Water Class A com... 2 dpis Railways com ...,.... Sor Nat Life com ... {Rings & Co com .. Kingan & Co pid ..

Catch-as-catch-can cattle trade left prices for the week with little | Lincoln Loa: Co 5% pfd ....100

| Lincoln Nat Life com........ 3% 18 Mallory ecom.........es. 33 34% 14% 15%

THE INDIANAPOLIS TIMES.

Tipjen to Construct $700,000 Elect; fric c Plant

said the car would |

.| plan far enough into the future, ‘|and within four years we found that our supply was, not adequate

; Co. of Indiana.

"*’| and new plants until we are ready

‘iplanning for a new power plant |

* gradually. -|Products Corp,

: branch of the P. R. Mallory & Co.

‘|lwe are grateful.

.'|tries here are going to expand to

Bed “@ i! . %

_ FRIDAY, MAY 10, 1946

“ | tools.

City Manager Worth N. Yoder, Tipton, an engineer by profession, works on plans for the new municipal $700,000 Hen yians as Mayor A. D, Bryan looks on checking details,

New Industries and Growth Of Town Forcing Expansion

By VICTOR PETERSON Times Staff Writer

bids for equipment of the new $700,000 electric plant which will go

Bids on two Diesel engines and other necefsaiy machinery will be taken Thursday. It is expected that the cost will approximate $300,000. Already possessing one of the finest power plants for a city of its size, Tipton has been forced to enlarge because of town growth, an increase in the rural load and the settlement of two new industries.

City Manager Worth N. Yoder, an engineer by profession, has designed the new station which will be 60 by 120 feet. Three Diesel engines already in use will be moved to the new location to increase the current electrical output by three and a half times. It is expected that the new plant will be in operation next year. “Our present. plant began supplying power in 1937” Mr. Yoder] said. “However, the city did not

Meanwhile, as other communities and states over the nation enter a brownout because of failing power supplies initiated by the coal strike, Tipton looks to a bright future. “We see no reason at all why we

ity,” Mr. Yoder said. “Our operation is Diesel so we are all right from that angle. The only place we might suffer is if the Public Service Co. has to curtail production. “I don't look for that for a time anyway. The source of our supply from them is located right next to] a coal mine they own and operate. | “Of course their supply of coal

| they are in good shape to date. “As a supplement we have stand- | If they should be forced to ration

by service from the Public Service| POWer we can supply enough here With it we will, {to care for all essential needs,” he

| said.

for the needs.

be able to service our community |

PROBE LUMBER DEALS WASHINGTON, May 10 (U. P.). | —The civilian production administration revealed today it has sent crews of investigators into southern forests to probe reports sawers are | diverting their hardwood into illegal non-housing outlets.

to swing into full production next | year. “All during the war we were!

and work would have gone ahead | However, the Kingston | stoker manufac- |

turers, settled here as well as a

SMOKE M MAY ; AID CROPS of Indianapolis. This. forced us WASHINGTON—Smoke apparatalong at a faster pace, for which |us devéloped to save soldiers and We now also | property on battlefronts is being anticipate that a number of indus- It

some extent.” and insects.

Excellency Grou

craf

~ B. STATESMAN ~21

(WRIGHT'S)

ULOVA

Exeellenen

WeYproudly¥present The pieces of generations of [fine tsmanship.

4 A. PRINCETON = 21 Jewels "352750

“RITE'S @&

43 South Illinois St. "ALWAYS A SQUARE DEAL AT RITE’S”

: ¥ astic Asphalt ‘ War Interrupts Other reciepts: 275 cattle, 350 calves and 525 sheep. Nott Hots con oe 0 N Ind Pub Serv 5% .......... 110 By organizing the huge Gunnison P * . rogress Laundry com . prefabricated homes plant at New GOOD TO CHOICE HOG (6000) Jo. Pounds .eeesseesses [email protected] | pp gary of Ind 5% ....ee.. 10% Albany, Ind, he started an experi- [email protected] | 500- 800° Pounds ......eseses [email protected] (BUD Serv of Ind com ........ 43% [email protected]] 800-1050 pounds ...... svrees 14.300216.001 208 118 on. com -. . ment of using all modern and labor- 1% Medium— So Ind G & B 48% pid. oo ® * 14 500-1000 pounds .......ees 12.50@ 14.50 | Stokely-Van Camp pfd . 22 gavin methods. xe war Bovereups - Hates Choice an closely sorted .... 15.78 StoKely-Van Camp’ com 39% - experiment just as was) 330-300 n SHEEP (525) Tarte [Haute Malieable . s ving successful. 160- 320 POUNAS ....ooeerers . 13.30@14. Ewes (Shorn) United Tel Co 5% .......... Under his plan, houses were to be Packing Nyda 1-0 100g 330{vnien Tita eum Celi es ee . |common and medium ....... 7 built in quantity at lower prices. good to Chales~ ea N10 Lambs Bonds There was to be continuous em-| 3.0" Lop PO a ey 210 Choice and closely sorted ..., 16.00 American Loan 4!:s 55 ...... 97 pon Good and choice . + [email protected] | American Loan 4! : ent replacing obsolete |Good— is nw i ane oe 131391500 | Aulariean) 04a 4128 60 ..... . 450 setesssetonne . er rtilizer 5s 54 . Larger take-home checks ie oy Sesenyy Common [email protected] | Ch of Com Bldg 4'ss 61. = contemplated. 250< 550 DOURAS uiseoeeoeos IRTE@LA00 Oftizens Ind Tel 4%s 61 ag : olumbia Olub 1%s Ss . : Resumption of the project may Sadi a Me U. S. STATEMENT Consol Fin 58 58 »..vovnnnnr. a cause a few red faces now that the pounds ...cocooeceen [email protected] ‘ Rooster Crown 85-86 ........ 99 101° U. M. W, is back with the A. F WASHINGTON, May 10 (U, P.).—Gov-|.ndpis P & L 33s 70 ....... 107 ; : . is carrie (Ms) Indpls Railway Co 5s § : of L. The plan is in direct conflict Steers ernment expenses and receipts for the Fd ea NSE 03T veeee ” with A. F. of L. trade union prin. |Cholce— current fiséal year through May 8 com-|Indpls Water Co 32s 68 .....104 106 ciples. 700- 900 pounds [email protected]| pared with a year ago: Ruiner Packing Co 4s 54....100 Svs Copyright, 1048, by The Indisnapols Times HINO Dounds suns Sin This Year Last Year | pun Sery of tod ary oy... 108% 108% Eo Das ianapans Times 1100-100 bounds .. na 05 | Expenses ...$86,755,555,650 $84,067,434,580 | Pub Tel Ales 85 Lo. oo 1og > 108% © ——————————————————— Good— War spending 44,380,085 816 76,210,408,462 | Trac Term orp Bs 67 ve. 97 100 Sha 700- 900 pounds Begin Recelpts ..... 36,420,710,042 38.302 811,213 | H 2 Williamson ino 5s 55.... 98 wT ALL-METAL Y0-YOE Sho-1100 pounds i" : aon Net deflelt ... 20.374,839,714 48,764.612,867] = Coridend - eses 15.75@16.,75| Cash balance 19,151,160,149 10,371 301,427 1 1300-1500 pounds ...eeeee 0 RUCK WHEAT Medium Public debt..272,874,073,075 236.589,406,515 Indianapolis flour mills and 700-1100 pounds [email protected] vators are paying $1.73 grain oleA POSTWAR NOVELTY [00-1100 .. r+ [email protected] Gold reserve. 20,248,102.019 20,352,588,566 No.l red Jung 47 Der, bushel for Common y erits); oats. No. 2 white or No. 2 red 700-1100 pounds ......... ves [email protected] INDIANAPOLIS CLEARING HOUSE testing 34 Ibs. or, better, T8¢: eorn. No. Re - r 3 : PORTLAND, Ore. (U. P.).—All Clearings .ocecesinirnninenss $,8.906,000 | Lollow shelled, $111 per bushel and No. 3 metal yo-yoes, streamlined, futur- Chiles os SOBA itr LL 378) white _shelled i corn, $1.28. 1 600~ un sens sattaens A . w istic and super postwar, have made| 800-1000 Pounds rereeseessss [email protected] their first appearance at a penny |Good— a y 600- 800 DOUNAS .i..espraves [email protected] arcade here. 800-1000 DOURAS +ressssesees [email protected] Before the war, most yo-yoes|aedium— were made of wood; during the war| 500- 900 pounds ....ceeeeeere [email protected] y plastic took the place of wood, but | Omen ’ 500- 900 BAL. orinvsrorrrs [email protected] - the all-metal yo-yo, its makers pean (aM weights) \ claimed, had the advantage of be- {Good .........coccviiinennstn [email protected] uns linterab! Medi dani renssnrrnrrneses 0840 13.35 ing 5 ki le, unbreakable and Cutter and COMMON ...ovoevee [email protected] | easier eep going. CORDOF sssvsssstosscnssssss 1 8.2 (WRIGHT'S)

2Mhjewels 4

p= master

Jewels [$71.50

Pu ~~ “

Low -

Poa daciude Fede Tam,

THE “PACKAGE KITCHEN" | . Less in First Cost... Less Installation Cost!

l ® Here's » "practical solution to the probisia of a low-priced, pre ! rd kitchen. Comes all ready to install ® BUIT YOUR INDIVIDUAL NEEDS . . Just the arrangement of cuphoards, Si8weis, Frio han ing cupboards you want. BUILT NDARD s That's the of the mo A TAN of Ahlbrand kitchen "eabinets. You get an individualized kitchen, ‘custom. built,’ at mass production prices, NOTHING TO NOTHING TO BUILD they're com- . ready to ‘set in the pace, + + » NO “extra expense for Diterations.

“OPEN MONDAY EVE. TILL § P. N.

wecret

JORDAN

TIPTON, Ind, May 10.—City officials today prepared to. receive

under construction this summer, 4

| b.

will have to cut the use of electric-|30c; no grade, 2%.

| years with the lumber Industry, | ;

{will retail hardboard, plywood, in-|

could be depleted but I understand |

Three Indianapolis Men Open | ~ Continental Lumber Co. Here

Three Indianapolis businessmen two of them associated for many

treasi counters and dis rer . n: 1 'P - In‘ addition ol? ay cases: ‘A de artment to man

Nimber. . the firm | Ufacture cement blocks will be in operation soon, Mr; Zeck said. sulation board and other supplies, | Mr. Flick, a native of Washing|such as millwork, hardware and | ten spent his career in the lumber {industry there before he moved to Indianapolis. During the war he was an inspection foreman at the Curtiss-Wright Corp. Mr: Buennagel, also a career-long lumberman, was a supervisor at the Curtiss-Wright Corp. during the war, A personnel department head at the propeller plant during the war. Mr. Zeck formerly was with the nternational Harvester Co. here and at Chigago.

Harry E. Zeck

Ray J. Buennagel

E. Perry Flick

The company's paint shop will

sell paints and varnishes of the Perfection Paint & Color Co. A Section of the mill will manu-

‘HOT-HOUSE’ LAMBS MARKETED SOONER

ELIZABETH, Pa. (U. P.),.—Farmer Sam Warren's “hot-house” treat

ment to speed the growth of sheep ) gets them to Allegheny county an STUDENT g JOURNAL ner tables three and four months GIVEN 10 C0 GF

ahead of the normal schedule. Warren, believed the county's biggest sheep producer, said his| CLINTON, N. Y. (U. P.) ~The Hamilton College library can offer an unusually complete story of

Merino-Coridale = cross-breeds are kept unusually warm and allowed outdoors only in dry, warm weather. A special diet for Warren's “ex- student life in the 18708—~thanks pedited” lambs, which weigh an|t0 one diligent student who wrote average of 50 pounds when they home every week for four years. reach the slaughterhouse, consists| Ine Writer was the late Samuel of brewery malt, silage, hay, corn William Eddy, class of 1875. His daily journal, careful preserved by the family, has been presented to the college by his daughter, Mrs.

and oats. v LOCAL PRODUCE Arthur M. Sargent, on the faculty of the University of Redlands, Red-

PRICES FOR PLANT DELIVERY Poultry: Hens, 4% Ibs. and over, 232c¢; ands, Cal. under, 19¢; Leghorns, 18c; #1948 broilers, e manuscript not only de 31c; Leghorns, 18¢; roosters, 16c; ducks, P y picta 5 lbs. and over, 20c; light, 15¢; geese, 20c; capons, 6 .bs. and over, 30c; under, 22c. Eggs: Current receipts, 54 lbs. to case, Sic; graded eggs, A large, 34c; A medium, | 8

carefully details what the 1870 | students were talking and thinking {about in their spare hours.

NOTICE OF REDEMPTION OF

Indianapolis Power & Light Company

514% Cumulative Preferred Stock

Notice 1s Mexesy Given that, pursuant to the Articles of Reorganization, as amended, of Indianapolis Power & Light Company, said Company wi redeem on June 10, 1946, all of the preséntly outstanding shares of 5% % Cumulative Preferred Stock of the Company, on surrender of certificates therefor, at the office of The Chase National Bank eof the City of New York, Corporate Agency Department, 11 Broad Street, New York 15, N. Y,, at the redemption price thereof, namely, $112.00 per share; plus $1.03 per share of dividends accrued to said redemption date. All certificates should be surrendered promptly. Pursuant to the provisions of its Articles of Reorganization, the Company has this date deposed the amount of the redemption price for all of the outstanding $14% Cumulative Preferred Stock to be redeemed, with The Chase National Bank of the City of New York, as Redemption Agent, payable to the respective holders thereof, or assigns, on surrender of their certificates therefor, and all rights of the holders of the 5% % Cumulative Preferred Stock so called for redemption, as stockholders of the Company, except the right to receive the redemption price, shall upon such deposit cease and determine, as provided in said Articles of Reorganization. The redemption price, namely $112.00 per share plus accrued dividends te the redemption date; is immediately available and will be paid, on surrender by the holders thereof, or assigns, of their certificates for shares of said 51/4, % Cumulative Preferred Stock at said office of The Chase National Bank

| of the City of New York.

tested to determine its possibilities | i protecting crops against frosts,

~JORDAN CABINET CO.—

SEE OUR DISPLAY at the HOME SHOW!

The Nationally-Known and you can get

AHLBRAND BUILT-IN KITCHEN CABINETS—ALL SIZES IN STOCK . fae “RIGHT-NOW” Delivery with Chrome Faucets

Ready for Immediate Delivery . .. See Our Large Display . .. See What You Gef for Your Money! :

CABINET CO.

Rl ley 9909

A letter of transmittal has been mailed to the holders of record of the $14 % Cumulative Preferred Stock forsuse in transmitting their certificates for redemption in accordance with the foregoing terms and conditions.

Indianapolis Power & Light Company

Dated May 10, 1946 By H. T. Prircuarn, President.

® All are stove height, 36 inches high. ® Tops are covered with black, blue or red marbleized linoleum. ® Most skilfully built of select kiln-dried hardwood and finished in finest white enamel. ® Doors are 5-ply laminated ma- ' ple, warp -proofed and sound - proofed. ® Drawers dovetalied front and back and will not pull apart. ® All hinges are of a semi-con-cealed type, chromium plated. ® Extra heavy ends or sides to insure rigidity and prevent sag-

ging. : oy ® Large sink bowl is of white vitreous china. . Complete with basket strainer, swing spout chrome faucet.

IMMEDIATE DELIVERY SHIPPED ANY PLACE

SIZES AND PRICES

All Ready for Immediate Delivery

42-In. Sink Base..... $ 89.00 WALL CUPBOARDS 54-In. Sink Base ..... 109.00 15-Inch sv vrrrrarerres $18.60 5-Ft. Sink Base..... 119.00 1B-INCH sssvssnesseces 15:60 6-Ft. Sink Base..... 129.00 MN-INCN sestevivnsesss 1050 7-Ft. Sink Base..... 149.00 H-INCR ..ieaneeseness. 31.50 8-Ft. Sink Base..... 169.00 27-INCHh ..oseseesvsess 23.40 9-Ft. Sink Base..... 199.00 30-InCh .evevenrennnes 26.20 10-Ft. Sink Base..... 219.00 36-Inch ...eoovvveeeed 2800 11.-Ft. Sink Base..... 239.00 54-INCH suvvvreinreree $5.00 12-Ft. Sink Base..... 259.00 60-INCH *easresrnnensse $8.00 N3IN0R. .urosissavtt 5100 Or Any Size or Shape All 30” high: 13" deep.

Sink Base Prices Include Chrome Faucet and Basket Strainers. y Two-Bowl Dish Washing Sinks Available, A Small Deposit Will Put Any of These Items in Our Layaway

day-by-day life at college, but also.

8 North Delaware St.

a ——

re wm--

ama.

mmo -

| FRIDAY 'Philac Ind

By HE The séasor symphonic co audience at tl For Eugene Philadelphia typical Philad gram. I say “typi than 20 year Stokowski, thi tra had alrea sinister, Pag for incredible annual trips t . adelphia ban: #Hall patrons | tonishment, Mr, Stokow: knew how to and get im;

out of it. standees wou the freezing | chance at ti

OPE? EVER NIGH TILL