Indianapolis Times, Indianapolis, Marion County, 7 August 1946 — Page 24

¢ ¥

ter.

SO CPA

John D. Small and price chief Paul Porter. Shutdown Threatened , Steelman said there was an’ “afmost complete stoppage” of nie UAW Plans Demand for and leather distribution. This, he | ih added, threatened an ] shutdown of shoe production. {A shutdown at this time would retail supplies in late winter.

since price

adtened Shoe Production Shutdown Stirs U. S. Action

Against Conspiracy to Withhold Hides.

There was no indication that any

government officials expected shoe rationing to be resumed. Until June, shoe production was at record heights with the expectation that producers would turn out - between 500,000,000 and 600,000,000 pairs this year. began to trail off with the withholding of hides when the old price law expired June 30. : No Increase to Be Granted The OPA Ras announced that no increases will be granted in the phice of hides, despite the fact the industry has had no price raise control went-into effect. OPA officials state that under the

imminent

Production

000 WASHINGTON, Aug. 7 (U, P.).—Possibility of a critical shortage of shoes by late winter today stirred the government into vigorous action 30 fubntha aw hee smoke to force hoarded hides and leather into the market. With a shutdown of shoe production threatened, the department of, pg. when you read down the began an investigation of an alleged conspiracy to withhold from the market until higher prices’ have been authorized. The justice department investigation was requested by teconver- | sion director John R. Steelman after a White House conadministrator |

CHRYSLER UNION STUDIES ‘BONUS’

‘Living Cost” Raise.

DETROIT, Aug. 7 (U. P.).~Nor« man Matthews, Chrysler director for the C. I. O. United Auto Workers, said today he would ask the U. A. W. executive board to reopen the Chrysler contract and present a “cost-of-living bonus” demand. Mr. Matthews said the motion would be offered to the board by 15 presidents of locals in Chrysler plants, although it might be tabled in view of the price-wage conference called by C. I. O. Chief Phil Murray in Washington Aug. 15. President Walter P. Reuther was scheduled to make his report to the board today. He was expected to discuss in detail his studies of the price-wage situation and his recent action in calling a labor-manage-ment conference for the auto industry. No major company accepted his invitation:

By REDERIOR e. oT United Press Staff Correspondent WASHINGTON, Aug. 7. — You don't catch me kicking about the fact that nowhere can I buy a |couple of planks to build some | hookshelves. The lumber’s going into Wilson | Wyatt's G. I. building program and that's all right with me. I'm not even complaining about Mr. Wyatt's report today that 225,houses were built in the last

That's all to the good.

small type in his book {t turns out} that almost exactly half of these "| houses were begun last year before | there was any federal housing expediter,

GN

rebuilt army barracks. That's okay,

new price control act, price increases are not possible since the industry still makes good profits. CPA officials will check the numper of hides in the hands of slaughterers and the amount of hides and leather in the hands of tanners. Where stocks are found to be over minimum requirements, CPA will

Amount Not Set

The Chrysler director said rank-and-flle members in plant locals voted July 10 to reopen wage negotiations with the company unless prices were rolled back to June 30 levels, but that no specific amount {had been set because the price rise

order the surplus hides released | has not been determined.

the market. No Sympathy for Hoarders Officials said that the day after price controls were reinstated sales of hides virtually ceased despite the fact that cattle Slaughter continued | at record heights. Steelman said the shoe in-| has reported that a great ‘of plants will have to sus-

“It is not a wage boost in .the ordinary sense,” Mr. Matthews said. “We choose to call it a cost-of-living bonus.” The Chrysler contract is the only one with the U. A. W., which permits reopening of wage negotiations upon notification by the union. the executive board opened the third day of its confer ence by authorizing a five-man special committee to work out a program to bolster

Meantime,

the union's

shelter in the calaboose.

HOGS $1 LOWER

Little - Change in Lamb, Vealer Prices.

Cattle trade moved steady at Indianapolis stockyards today, with some sales of beef cows, choice steers and yearlings strong. tending higher.

= - dianapolis securities pathy for hoarders who seek to eX- finances. Hogs lost mostly $1 from Tues-|Googe called for a free arbitration STOCKS tort Savunive profits from he pub day and vealers and lambs Were|service technical staff, and research tis es Bid Asked ’ ents JOIrPp com ...eovne y eran lie by hue ding production fr U. S. STATEMENT steady with Tuesday's close. information on wage rates, produc- | Avents Fa Gor ara Ll ie Li mark American Loan 4'a 85.. . 9 vss GOOD TO CHOICE HOGS ($30) tivity, labor costs, profits and a|i nC cen Sites pd ....oeees 38 es L PRODUCE re ASHIN JGTON. Aug, 1 «. oF )=Gov. 4 utchers [email protected] wide range of other:information for | American States cl A «53 eu ns C « 140 pOUNAS .. cave nnnnne LOCA surrent a Neat CO us. 3 come] 1 ja 1st pus” . 8 22.75 | workers and management. Ae ws rr “0 112% 4 a - .. “ ’ PRICES FOR PLANT DELIVERY al This Yea Last Year ia 270 pounds . 3 i R83 gig, Ho: iltiry chaired Ti the ene Belt BN re 0 rH Joey: Heat 4% ibs. and over, 3c; | Expenses § 398d 114480 "50 & 9.919,348.021 270- nds . 00| tire living cost rise is directly at-|ge: R Stk Yds pfd ... a: 1946 springs, friers, broilers Rotel foit 318. 133.304 003 3.003 304.01 ee. pounds: vveneeresnss tributable to the selfishness of a Bovks- Merrill 4% ptd 72 conn FE “% Rhy Nels. | in Balance 267407004 133 263.588.918.431| 0 230 POURLD ring ‘Sows | 20082230 handful of C. I O. leaders Who|Ceniral Sova ‘com '..il.ill!! 0% 8 outers. : . u vy \ ' > YA COM: ...coeies 5 ; No. 3 poultry, do less than | Gold Reserve 20,206,260,284 30,151,182,000| Good to Ohofce— 8 ah forced a break in the price ceilings Olicie Theata Som pid a ol 270- 330 POURS. ....iunnens so|last February.” Consolid s om. 1% 3% Current receipts, 54 to case, y | 330- 360 pounds ....eeeniven 20.004 20.50 | *°* . onsolidated Industries com , 1% 2% wR segs. 4 large Te. a medium, Ct IANAILIS CLEARING met ooo | 300-400 pounds Lilli 107842035 He declared that labor must use Consolidated Indutiries pia . 4d 8k uttertat: No. | 1, 8%; No. 3, 84a. Debits 2eavizciecs Coes $17,108,000 G00: 430 pounds ....cu.crns: 19 300120 00 restraint in this “time of crisis.” Delta Biectric com Ca 3 49 . 8%; No. 3, 64c. "Debits ...................... 580 ag i, [email protected]| « i i lectronic Lab com wu 4% 5% 1 ay, oun We must refrain from causing| py wayne & Jackson RR pid 103° 107 | 250- 550 pounds ........ioes ¥[email protected] any unnecessary interruption in Herp nes oa A Dla : jin ‘ene Slaughter Pigs a ook Drug Co com ......... 5 St Mediu to Good |production, because production|ing asso.Tel Co am pH 124s % 90- 120 poun nds iE TIT [email protected] | alone can save us by reducing prices Ind » gn he ba % ptd..110 113 | Buy Diamonde || ® USE YOUR CREDIT | “i tn ngpisw) Poper level Indpls P 6 EA pid 1A aise) 700- ndianapolis ater . sees uy a 18.50 3.0 A. F. of L. to Continue Policy Indpls Water cl A sien chives 22% : w} . ‘ > " ndpls Railways com ........ 1m 19 HIGHEST CASR PRICES [email protected]] “We receive a setback when wage joy" Nat Life com ........... 5% io; "An [email protected] rates are increased 17 per cent and|in8an & Co com, ........... wa Saree 1 STANLEY Jowelr Co. : J gis so | prices are raised a compensating 17 pincoln loin Co st prd wee: 100 aii] J Sat 1814 2 1s W. Wash. Lincoln Bldg. 11 19.501 her.cent-because the increase in thé! Marmon bib aon com 15 1344 8 8 es 1 ! — I - nds . 3 2 1 oo | cost of living is out of proportion| nat SA Aaa lt 10 ; | 1100-1300 Pounds rion to increased worker income. IN 300 Tub Ber SX - sees mn ALL LEVINSON STRAWS] Citi voumss ........ 313001300] “we can only increase real wages | Er manfetocat oo. : hotee— by lower operating costs and hold-|Pub Serv of Ind com ...... 40% 42% C Bs od is [email protected] . Pub Serv of Ind 3'2% pfd ....100% 102% 300-800 pounds Ct 18.60922.50 ing profits at a reasonable figure,” | Ross Gear & Tool com co 32% 34 ~ Good=——"- Mr._Googe.. said, “not by a. wild 20 Jat SE % pe cell M3 $00. 300 DOUBds rssesusesers 1600@18 30 scramble of irresponsible groups stokely-van Camp com ...... 3 31 Medium — S010 within the C. I. O. who seek to mis- | I*tre Haute Malileabls ...... Si SN CTD PUURER +yvs e222 130081600) 004 workers through false propa-| United Tel Co 8% oil "| 500- 900 pounds [email protected] [ganda with a view to gaining con-|Union Tide com ............ 39 . wr Cows (all weights) [email protected]| trol of these workers for political| Sob on : 2 d be iedr M1 ; { Medium ¢ . 1 yy 3» purposes.” Buhner Fertilizer 5s 54 ...... 98 large oF, sod Sli 935'0i| He pledged the A P.of L to con-|Ch.2f Com Beg iu ff Tn Assortment. ....... $6.98 Op | Beer Bulls (all weights) tinue its present policy of better| Columbia Club 1%as 6s ....... 8th] sane ry I Beef— Oonsol Fin 58 66 . ........... 09 * Hub F it Cc VAI bg ‘ 3 1 NES Good (all weights) ........ [email protected] | Working hours and conditions for it8| go, er crown, 5s 56 ©... 33 0 u urniture Co. INI LDS Sausage— 12.00@1300 southern members and to shortly | Indpls P&L Jie 0......208 il w. st. 00 as “ | Indpls Railways Co 5s wees NM 9 414 E. Washington CT I I TET I ILD; BIN " [email protected]| “engage in an expanded effort for| i 4"Asso Tel Co 3s 75 ......104 rd § Shelny Furniture Co. : Cutter and comman 8.50G1078 | larger social sevwrity benefits and| Investors Telephone 3s 81 .... 98 | : ” uhner Packing Co 4s 54 ... ! 1113 Sh 131 W. Sassingten St. | Good and choice _ [email protected] | health funds for our members, N Ind Pub Serv 3%s 73 .....106% 106% | | Common and medium . 12.00 18.00 e———————————————— Pub Serv of Ind 3%s 78 .....107% 108% == | Culls ub Tel 4%s8 38 ............. 00 OXYGEN THERAPY Feeder and ss Cattle ‘and Calves CHAMBER, Clo CLASH Sam Corp » nu teriies 20% 101% teers ams Ine 58 90 ....... .“ 1 This Equipment Osan or Rented at Cee pounds [email protected] OVER PRICE BLAME -1080 pound [email protected] HAAG'S a) bouts WASHINGTON, Aug. 7 (U. P.).— TRUCK WHEAT [email protected] ‘ 402 N. Capitol Ave. 300. 800 ounds . M na Business and labor today blamed +1019 pounds gt each other for rises in the prices of | Indianapolis flour mills and grain eleoar Phone by Phone Medium 13.00@ 14.50 " vators are paying $1.86 per bushel for 6361 .1956 low pounds YI manufactured goods. No. 1 red hes otner gia on their hy % merits); corn 0. 1 yellow shelled, $1.85 500- 900 pounds [email protected]| William K. Jackson, president of| ne: bushel, and No. 2 ‘white shelled, $1.95; . . " 0) SHEEP (2400) the U. 8. Chamber of Commerce, | oats, testing 34 pounds or better, 65¢ bi est show in town. N | Ewes (shorn) per bushel. WAST | Good and choice 5.00 % declared prices have jumped be-| i on m—a———— Common and mediu “5 cause of the higher cost of labor.

PAPER AMERICAN PAPER | STOCK COMPANY |

$20 W. Mich.

PERSONAL LOANS

iy 123 EAST MARKET STREET

DERAL DEPOSIT INSURANCE CORP

[ * RE-WEAVING

i

Crawford Furs

17 N. Penn. “Operated by Ex-Service Men"

RE-ROOF NOW

Immediate Ap lication INDIANA

ROOFING SIDING (

EL 18}

Se ————

Jordan Cabinet Co.

Immediate Delivery on All Size Built-in Kitchen Cabinets

SEE OUR LARGE DISPLAY | 8 North Delaware St.

SPRING LAMBS Choice (closely sorted) “red Good and choice Medium Common

Distillers to Use

More Potatoes

WASHINGTON, Aug. 7 (U. P.). —American drinkers can expect less grain and more potato alcohol for a while. The agriculture department disclosed today that the August grain allocation for distillers had been cut about 15 per cent below June and July levels, Officials said that the cut would be more than made up by the production of beverage alcohol from potatoes. Up to July 31, distillers had

and good .

purchased about 23,000 carloads of

Yes! We're our store! BUSI

NESS AS

DIAMONDS # WATCHES APPLIANCES

19 East MARKET St.

Biodanising and enlarging USUAL!

w Hamilton's—

surplus potatoes that the govern ment bought under its price support program,

MEN'S FELT HATS

CLEANED and BLOCKED

MUSIC CO. Trustworthy Since 1873. 128 N. Penn, St.

PEARSON'S me |

OHIO

SHOE REPAIR

45.47 WEST OMIO STREET 18.8. lilinols (Just OF Wash.)

“Stone walls do not a prison make, nor iron bars a cage” years ago, and here's the Burnette family, of Appleton, Wis., to prove it, of the Outagamie county jail make a home for Mr. and Mrs. Theodore Burnette and their nine children. Evicted when their rented house was sold, they were homeless and in desperation asked the sheriff for

Read a little further and comes up the fact that some of these homes for veterans are trailers jacked up on blocks: Others are

too. Any roof in days like these is better than none. Mr. Wyatt's report then gets around to the nubbin of the current housing shortage. Of all the houses started this year for veterans, only 40,000 actually have anybody living in ’em now. That's less than 1000 houses per state. Later on, maybe, will come houses in wholesale quantities, Mr. Wyatt thinks so, He held a press conference to explain his report to perhaps 100 reporters, They sat in the: leather chairs on

'Stone Walls Do Not a Prison Make —Here It's a Home

BIRMINGHAM, Ala, Aug. 7 (

In an appearance before the A.

the government could take to prevent strikes. He declared that the *“government’s present effective conciliation service” should be expanded. Mr.

{outlook said- the increases “are in

| The C. 1. O.'s monthly economic [fact speculative values reared upon

taken by market operators, manus

sorted gamblers.”

‘THE INDIANAPOLIS TIMES

; Othman’ s Lowdown On GI Housing: It's A Tough Job

American Federation of Labor representative, | federal government to establish a headed by perhaps persons who understand labor and its problems.

a flimsy structure of long chances|

facturers,, middlemen and other as-| |

either side of ‘a ‘conference table such as you see in the movies, while, Mr. Wyatt sat at the end, with & helper at either side, to answer questions. A lot of cellars have been dug. Nearly 500,000, Many of these will turn into houses before the year is out, many more holes will be evacuated. And if the bricks and the bathtubs hold out, houses are going to cover the landscape like a rash, Mr, Wyatt, & cheerful Kentuckian with a reputation for hard work, answered questions, friendly and hostile alike, He is encouraged. He thinks there still are too many banks, bowling alleys and beaneries being built. He hopes the government will get more hard-boiled.

He's inclined to be a little vague and pass the question on to somebody else (who also is vague) when asked about what he's doing to lower the prices of veterans’ houses. Indications are that some of these lads are getting stung with cracker boxes for which they pay rose-covered-cottage prices. “Mr, Wyatt says the average price of homes for veterans still is $7500, that the top price is $10,000, and that it will stay there during the foreseeable future. How long that is, he does not know. He adds that there is no way of telling how many of the 225,000 new houses—of which his report was so proud—actually have veterans living

FOOD BALANCE SOUGHT BY UN

come Problem.

The United Nations food and agriculture organization warned today

gram is set up immediately, *

past.

by 1949.

the poet Richard Lovelace told us 300

Stone walls and iron bars

CATTLE STEADY, AFL Official Asks U. S. to

Improve Labor Department

U. PO. -- George Googe, southern today called for the well-equipped department of labor,

F. of L.'s southern policy committee

in Birmingham yesterday, Mr. Googe said this was one important step

LOCAL ISSUES

Nominal quotations furnished by Indealers:

meeting early in September, nation.

in them, After all,

Warns Surpluses May BeWASHINGTON, Aug. 7 (U. P.).—

that surpluses of some foods may become a problem within two years unless an effective world food pro-

It sald .that although the world now is in the midst of a critical food | shortage, with the prospect that some commodities will be scarce for years, there wil be a surplus of other foods as soon as the crisis is

Wheat may no longer be short after the 1948 harvest, it said, while| pared with 20,348 the previous week. the sugar situation should clear up|G. M.'s output for July was 75.051,

may restrict their food production|M. has turned ouf 248,631 cars.

many of these homes were started before he got into action. About one-fourth of the houses now going up will be for rent. Mr.

Wyatt wishes this figure were bigger. A dozen airplane companies

are figuring on building houses of aluminum and steel sheets; the expediter won't make public their

names. Mr. Wyatt is not worried about his critics in the building trades. The fact that they are able to criticige him indicates that they are feeling ‘stronger and more able to take nourishment, He thinks this is a good sign. Selah, I'm not criticizing the housing , program; I know it's a tough job. ages like those we face in the present emergency,” it said, The agency proposed that the world solve its problems by stepping up production of scarce foods and at the same time encouraging industry to build up buying power to buy the food. Its recommendations were based on the most complete survey ever made of world food needs. The survey took three months and covered 70 nations, including 90 per cent of the world’s orid's population.

G. M. OUTPUT STILL

DETROIT, Aug. 7 (U, P.).—Gen- | eral Motors Corp. reported today that its auto production climbed slowly last week, but planned output for July fell far short because of continuing material shortages and supplier strikes. President C. E. Wilson said 20,693 cars were produced last week, com-

|up only 13,193 compared with a

BELOW SCHEDULE

‘WEDNESDAY, AUG. 7, 1946 |

"RAILWAYS" SUIT

BRIEF 1S FILED

Emmert Says Circuit Court Lacks Jurisdiction.

Circuit court has no legal aue thority to order any increase in Ine dianapolis Railways transit fares, Attorney General James A. Eme

mert contended in a brief on file at the court house today. The state's position was outlined in connection with the Railways’ suit in circuit court here, seeking an injunction: to prevent the . publie service commission from continuing to impose a no-increase order against the utility. ‘The brief set.out that the only authority circuit court has in the case would be an order, requiring the PSC to reconsider its findings. Decision Due Monday

The PSC recently denied the Railways’ petition for a fare ine crease from the present four tokens for 25 cents to three tokens for a quarter. Railway attorneys, in a hearing in circuit court last Friday before Special Judge Horace L. Hanna, of Danville, contended that the ine crease was necessary to finance purchase of new equipment, The Emmert brief said a transit fare increase would be asking transit riders to pay now for equip= ment to be bought in the future, Judge Hanna has set next Mon day for a decision in the case. He will either order the PSC to recone sider the case or uphold the state emomission’s findings.

EGG TO END ALL EGGS CLOVERDALE, B. C. (U, P.).—A

| hen on the farm of James Hull has

really outdone herself. She has laid an egg in the form of a chick. Shell-less, the curiosity looks like

The organization said that unless | planned increase of 50 per cent over action is taken at its Copenhagen | June, *

s| Since Jan. 1, Mr, Wilson said,

G.|

The|

a fully developed chick embryo, However, it is not an embryo, bus an egg. The egg has a head, a beak and

instead of increasing it. total for the same period of 1941 indentations for the eyes. Only “And there may again be .short-|was 1,385,905. | missing details are the legs. a :

IRIS ILIA COMPANY

As a service to investors,

room.

1070 on

SECURITIES - § East Market Street

STOCK MARKET REPORT

by RADIO

we broadcast the first hour

security and commodity prices direct from our board

WIBC

Your Dial

10:05 A. M. . . . Monday Through Friday.

THOMSON & MSKINNON

COMMODITIES MArket 3501

11 Wall Street, New York « , Branches in 35 Cities Write for our Monthly Bulletin on Cusrent Investment Opportunities : Evans as anc Svan —— !

i's Spinning...

“THE WHEEL OF FORTUNE"

The NEWEST Show In Town

‘| BILL FROSCH and the WHEEL OF FORTUNE

Every afternoon Bill Frosch spins the WHEEL and starts "the The BEST bands playing the NEWEST hits . . . all the TERRIFIC tunes with sweet selections and solid | swing, too. Musical frolics with fun . . . surprises . . . excite-

ment. Listen...

EVERY DAY...Monday Thru Friday

3:15 14:30. -

"More than an hour of musical funl"

WISH

1310 ox EVERY Deal _

-

ee

WEDNES!

RAD

(The Indianapo ments caused by st

WFBM 1260 (CBS)

(——— 100 Feature Story

116 Personal Prob :30°Tea Time 48 Tea Time Tur

Tea Time Tun Word From Ci

sad

Hi

Patti Clayton

The Whistler The Whistler Dr. Christian Dr, Christian

weal

Acad, Award | . Acad, Award

Se uelaaan an 8532853 |s5v2| 8553888

10:00 Gilbert Forbe 10:15 Bus. Highligh 10:30 Invitation to 10:45 Invitation * 11:00 Blue Barron (

6:00-8upper Club 6:15-—Nws,, Riss &

WFBM 1260 (CBS)

6:30 Barly Birds 6:45 Early Birds

a= 8x3 EE o 88 os nn ZE o9

130 Ayres Good 1} 145 News

Rhythm and | Rhythm and Mrs. Farrell Mrs. Farrell

Valiant Lady Light of the ¥ Evelyn Winte 45 Bachelor's Cl

10:00 Art Godfrey 10:15 Art Godfrey

ada -

aone® PS £u08

veo%e = 858

11:00 Kate Smith 1115 Aunt Jenny 11:30 Helen Trent 11:45 Our Cal Bunt

A ———— tt ¥ 100 2d Mrs, Burts Mi

tus 5858 Fy ° » 23 °o ~~ "EE oD

45 Young Dr, M

Surprise Part Surprise Part Maine ry Bal

2 i

Ayres ogra Ayres Progra

=8|s8

&8

M, 6:30—Hymntime ybody's C

1 46—EV' :00=-News-Jones ¥:15-Cadle Taber 7:30--Nws., Riss, W 7:45—-Chuck Acres

Ellery Quee 6:30 when Mil Mr. Berle, who will try te solv refers to the ini more fun than

» “Sad Sack,’ wrong, is etheri performed for sell Fords this 1 this will be the this column—n on the program »

“Marriage program at 7:3 Lake City, Uta advantage of a they'll not only but they'll be é » Tuner-inne radio air are | fact, the news) RSVP tonight Fantasie in F wrote the musi “The True Glo ”

“Academy | tonight. It is first presented effort in 1943 tc play, if you wa effect on the li

5 L. 8. Ayres come up and 3:85 tomorrow in the minds of of it in the sal them that it is o “The Whis contemporary, laughs on the the movies, but that if yom car and hear his ve along. I yom tuning in for tl

n Dave Rose | musical selectic he will present

Evening, Frient when the leade will do well in