Indianapolis Times, Indianapolis, Marion County, 6 August 1946 — Page 14

A fr ah oS

The petition urged the creation

“ported by the American Veterans

committee, which has initiated a drive for more houses for former

B. Meriwether, counthe petition was today that he Arch N. Bobbitt, to

ave., called Yor the authority, terming the present dwelling crisis as “much ado about nothing.” He pointed out to Dr. Meriwether after the meeting that the ordinance should contain provisions for the city to sell bonds to finnace the project. Mr. Coulon explained the bonds would provide money to purchase surplus materials, land and defray costs of engineering fees for the proposed housing plan. “The contract for building houses for veterans should be awarded to the lowest bidder, just as any city contract is given,” he stressed.

Building 20 Houses At present, Mr, Coulon is engaged in the constructing of 20 houses for veterans at 46th st, and Fall Creek bivd. Editor of Technical Publications at Allison's engineering plant, he helped erect houses in Flint, Mich., after world war I. He is co-sponsor of the petition with Mrs. Lee Burkett, 1428 Park ave. In other housing action, Mayor Tyndall's advisory housing committee still is awaiting a reply from Wilson W. Wyatt, federal housing expediter, on the request for a 30day moratorium against issuing permits for non-residential construction. Stout Field Nearly Ready

Meanwhile, Paul I. Newman, the city’s rental manager for the Stout field project, announced families will begin moving into the longdelayed project by Aug. 15. Financed by the federal public housing authority, the project will have 475 units available by fall, almost five months after the project was scheduled to open, Regional FPHA offices also announced that 14 army barracks will be transfered from Ft. Benjamin Harrison by Nov. 2 for construction of 63 units at Stout field, Belmont park and on the parkway at Kentucky ave. and White river.

LOCAL ISSUES

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City ordinance ! to Create Authority Due to Be Ready by Aug. 19; Bond Issue Urged to Get GI Homes.

An ordinance creating a city housing authority subsidized by city funds with which to purchase surplus war material is expected to be presented to city council by Aug. 19. Denouncing the present housing situation as “ironic and inconsistant,” a 50-name petition was presented to city council last night.

of such an authority,

PHONE BUILDING ACTION DELAYED

It was sup-

“Memorial Board to Study a

$1,000,000 Addition.

Action on the addition of five stories to the main downtown Indiana Bell Telephone Co. building was postponed until Sept. 2 as the

half of 26 variances, Telephone officials requested the | continuance until trustees of the Indiana World War Memorial commission could consider the effect the proposed $1,000,000 addition would have on the Memorial plaza. The commission will meet Aug. 21 to study the construction. Memorial plaza is located within one block of | the telephone offices. The board denied Paul Miller permission to operate a tent fruit stand at 2044-52 N. Sherman dr. Neighbors objected to the insanitary conditions. : Case Now in Court

Pred Millis, Carmel, pointed out that the enterprise violates city and state health laws and city building regulations. A hearing on a permanent injunction against the stand is scheduled in superior court next Monday. At present, Mr. Miller is temporarily enjoined from operating on action brought by Mr. Millis through Judge Emsley W. Johnson Jr. of superior court, room 3. The board also reversed a previous decision granting Mitchell M. Botermer authority to erect a $12,000 two-room retail store at 1018 N. Emerson ave, Object to Store The board this time denied construction of the building, one half of which would have been rented to the Emerson Heights Free Kindergarten society. Unopposed to

+ | Clearings

the kindergarten project, remon-

i strators objected to the store, stat-

ing it would lower residential home value. Forced to vacate its present headquarters at 1014 N. Emerson ave, the kindergarten will resume classes in the Wallace st. Presbyterian church, Mrs. Grace 8. Hornbrook, president of the society, said today. The board approved -construction of an $8000 gasoline station at 30th st. and Sherman dr. by the Standard Oil Co. Seven cases were continued.

STOKELY-VAN CAMP

NEW YORK, Aug. 6 (U. P).—

+... | Directors of Stokely-Van Camp, "Inc, have proposed to inaugurate «+++ |a regular quarterly cash dividend {on the common stock at their meet-

+ | ing Oct. 2, it was announced today. The company previously has been

{paying stock dividends amounting {to 10 per cent in September, 1945, *land

10 per cent in September,

1944,

The meeting of common stock

Fo holders for election of directors

will be held Oct. 2 instead of Sept. 18, the regular date for the meet-

| ing.

The board voted a regular quarterly dividend of 25 cents a share

...lon the prior preference stock, pay{able Oct. 1 to stockholders of rec- .... ord Sept,

19.

U. S. STATEMENT

WASHINGTON, Aug. 6 (U-™).—Govern-ment expenses and receipts for the current fiscal year through Aug. 2 compared with 8 year ago:

Expenses $ 3,837.871,436 3 9 260,302,274 War Spend. 1,288,708,125 7,712,791,565 Receipts 3,670,157,087 7,827,833,860 Net floit 1,167,713,4090 6,432,487,914 ‘ash Balance 10.791 ,588,350 21,971,813,513 Public Debt 498,350,040 2: 019,858

207 62,533, Gold Reserve 20,266,560,750 20,151 496,009 INDIANAPOLIS CLE CLEARING HOUSE $7

Debits aa

352.000

zoning board yesterday upprovey

ep INDIANAPOLIS TIMES

Ad Club Is Host to National Federation Officers .

These newly elected officers of the Advertising Federation of America were amie a of He Advertising Club of Indianapolis yesterday at a conference in the Lincolon hotel. Left to right are Miss Helen A. Holby of New York, secretary; Louis D. Young, advertising director of The Times, first vice president; Elon G. Borton of New York, president, and Mrs. Prudence Allured of Chicago, second vice president. This was the first executive meeting of the new officers, elected at thes recent convention at Milwaukee. *

SHORTAGE OF COAL [PICNIC FOR AVON CO. xi crm ox ss

| SET FOR TOMORROW | {Sue Sherman, local manager, is in

charge of the luncheon and enterLIKELY T0 CONTINUE! Russel Rooks, vice president of

jainment, 0 Avon Products of New York, is CLEVELAND, Aug. 6 (U. P).—

sponsoring the. annual picnie of Leonard P. Ayres, economist of the Avon representatives of Marion Chesapeake & Ohlo lines, today county to be held tomorrow noon predicted a serious shortage. ®or| a Riverside amusement park. many months” in supplies of bi-| A contest based upon sales of the tuminous coal . eastern and western sections of the ne : company “will be part of the day's “That development seems prob- |. tertainment. able despite the good records of| par. Dorothy Beckley is captain output that have been made since| .¢ {4 eastern section and Mrs. full-scale production was resumed at the beginning of June” Mr.

INCOME TAX GAINS

Shirley Wilcox, internal revenue collector for Indiana, today an-

for the month of July, 1946, were $82696,040.86 as compared with $76,455,402.49 for the same period

last year, The collections included all sources of taxes,

2 HOUSE GROUPS

nounced that total tax collections! .

PLAN WAA PROBE

Surplus Property Complaints "Lid to Be Lifted.

WASHINGTON, Aug. 6 (U, P.).— Two house committees plan to lift the lid on complaints about surplus property disposal, it was revealed today. With congress out of Washington, the committee investigating the war assets administration and a small business subcommittee will get down to work on inquiries about how federal agencies have been handling the “de-militarization” of billions of dollars of war goods. The WAA probe, headed by Rep. Roger Slaughter (D. Mo.), goes into action Friday to hear testimony by the mysterious Benjamin Fields, who has figured in the Garsson case. Question Wire Deal Hugh Wise, committee counsel, has been quizzing officials of the |

WAA regional offices in Philadel- | .|phia on how Mr. Fields obtained God

64,000 feet of scarce wire screening ostensibly set aside for veterans’

The committee will branch out later into a general investigation of all building materials disposition. The small business committee's investigation is aimed at all gov-|

ernment agencies charged with pro-| Good

tection of small business against!

monopolistic practices, but WAA | M fediv ry pounds

will be one of the agencies investi-| gated.

The subcommittee, headed by Rep. | 504 Estes Kefauver (D. Tenn.), will not | Medium | Cutter and’ common

hold open hearings until fall, but| canner the committee staff already has be- |

gun digging for material and will| B®

intensify its efforts now that con-|Sausage— Good

gress has adjourned.

TRUCK WHEAT .

Indianapolis flour mills and grain elevafors are paying $1.86 per bushel for No. 1 red wheat (other grades on their merits); corn, No. 1 yellow shelled, $1 5 per bushel, and No. 2 white shelled.

oats, testing 34 pounds or better, per bushel

ratuunir bisa esis Bak nS]

TUESDAY, AUG. 6, 1948

Hog Prices Here Drop $ | After Matching An All ; Sal High

Hog prices at the Indianapolis

stockyards today broke $1.00 under

10,175 receipts after prices matched an all-time high yesterday. Weights 160 pounds and up were selling at $23.75. while light weight discounted $1.75 and sows were down $2.00. Other receipts today were 2650 cattle, 2100 sheep and 600 calves. Good and choice cattle were fully steady. and lower grades were fairly steady. Good and choice vealers were strong to 50 cents higher, while fat lambs were 50 cents, and in spots, more lower.

GOOD TO CHOICE HOGS (10,175)

Butchers “120- 140 pounds. ...oavevnens [email protected] 140- 160 pounds ... +e [email protected] 160- 180 pounds + 23.75 180- 240 pounds . 23.75 40- 270 pounds + 23.78 270- 300 pounds « 33.75

[email protected]

160- 200 pounds .........e0 Packing Sows Good to Cholce— 270- 300 pounds ...eieeenens [email protected] 300- 330 pounds ...evvvevens 21.36@ 23.00 330- 3680 pounds ...ewesvenes 21.006@21,50 300- 400 pounds ..coeeeenens [email protected] 400- 450 pounds ....eseevss. [email protected] 450- 580 pounds ,.esevneenes [email protected] Medium--250- 550 pounds ........iv0 10.00@ 20.00 Slaughter Pigs Madium to Good— 130 pounds ..,........s [email protected] CATTLE (2650) Fholes 900 19.00923.00 . [email protected] «+ [email protected] . [email protected]

[email protected]

. 17.00@1

pounds . 1100-1300 pounds Common

a sien 00

700-1100 pounds ........eeee [email protected] Heifers Chullsb, pounds .....osseves [email protected] 200- 1000 pounds ...ieeeene oo [email protected] pounds . 16.00@ 18.50 in io pounds 16.00@ 18.50 [email protected] Common 500- 900 pounds ............ [email protected]

Cows (all weights) Aasenansirrrnnarasnras [email protected] 10 wal 25 [email protected] 6.75@ 8.00

Bulls (all weights) ood (all weights) ...eiv.. [email protected]

[email protected]

Medium ssasrisasasisns ane [email protected] Cutter and common ....... [email protected] CALVES (600) Good and choice ............ 18.50@ 19.50 {Common and medium ...... 12.00 18.00 LORIE. yuu re irri rnin [email protected] Feeder and Stocker Cattle and Calves

Steers Triasesannays [email protected] [email protected]

Good

500- 800 pounds ........v.... [email protected] 800-1050 pounds ..,,... eee 10,80@16. MAGI 1.3014.50 -1000 pounds sanvenies [email protected] Common — 1 500- 900 pounds ............. [email protected] SHEEP (210) Ewes (shorn) : Good and choice ............ 5.000 6.00 Common and medium ... ... 4.50q 5.00

SPRING LAMBS Choice {closely (Sorted) Good and

Medium ge ro aan Common

CEREEETY

JULY SAVINGS BONDS PURCHASES SOAR

WASHINGTON, Aug. 6 (U, P.).— Americans bought $752,985,000 of savings bonds in July, more than in any month since January, the treasury reported yesterday. Total sales of the three series— E. F. and G.—exceeded redemptions during the menth by $252,804,000. However, redemptions of smalle denomination E. Bonds ran ahead of purchases. E bond sales totaled $386,476,000. Redemptions totalled $442,196,000.

‘HOOSIER’ DROPPED BY AIR FREIGHT LINE

NEW YORK, Aug. 6 (U. P.) — The name of Hoosier Air Freight Corp. has been changed to Airborne Cargo Lines, it was announced toe day. According to J. E. Rogers, presi« dent, the change of name was dee cided upon by directors as more ape propriate to the company’s wide scope of operations,

LOWER CORN CROP FORECAST CHICAGO, Aug. 8 (U. P.).—An Aug. 1 corn crop of 3447,000,000 bushels, 41,000,000 bushels lower than the government estimate, was forecast today by C. M. Galvin of

James E. Bennett & Co.

Ayres said in the current issue of <

“Tracks,” the road's publication. Pointing out that at the start of June there were seven months to go to the end of 1946, Ayres stated that perhaps the production of bituminous coal in the last seven months of 1946 will be equal to about 85 per cent of the pressing demands.

FREIGHT AGENT IS RETIRED FROM B. & 0.

PROPOSE DIVIDEND

The Baltimore & Ohio railroad has announced the retirement August 1 of Earl G. Bumgardner, local freight agent for the company, after 33 years with the company. He is 63. 4: - Beginning his career with the company at Toledo, O., in 1913, Mr. Bumgardner was promoted from

clerk through accountant and chief accountant to Cincinnati supervisor of station service in 1930. He had held his position here 15 years. Mr. Bumgardner has been succeeded by Burns Goebner, former assistant agent at Clarksburg, W. Va.

HINT NEW DEAL FOR BATAVIA COMPANY

CHICAGO, Aug. 6 (U. P).—An agreement whereby Rausch Industries, Inc., Detroit, would buy the Batavia Metal Products Co, part of an alleged Midwest “paper empire” under scrutiny by a senate committee, had fallen through yesterday. However, it was reported that a new deal for sale of the company to another group already was under way. The Batavia corporation is one of several companies of a munitions combine of Murray and Henry Garsson being investigated by the senate committee on war profits. The Detroit organization reportedly exercised an option whereby it could call off the purchase within a a six- month period.

LOCAL PRODUCE

PRICES FOR, PLANT DELIVERY Poultry: Hens, 4% Ibs. and over, 35c; under, 22%¢: 1946 springs, friers, broilers and roasters, 4% Ibs. and over, 30c; Leghorn springs, 27c; roosters, 16¢: ducks, 10c; geese, 10c; No. 2 poultry, 4c less than No, 1. Eggs: Current receipts, 54 lbs. to case, 30c; graded, eggs, A large, 37¢; A medium,

6,000 | 31c; no

rade,

25¢. Butterfat: No. 5 67¢; No. 2, 640.

| YOUR 6. I. RIGHTS . . . By ::|Rewed Widow. To Decide About G. l.'s Burial

WASHINGTON, Aug.

.|are some questions from veterans

and their relatives regarding over-