Indianapolis Times, Indianapolis, Marion County, 14 August 1946 — Page 8
E HERE VERAGES 13%
Meats Lead gad. Gains. After, OPA Suspension.
Food bills in Indianapolis between ‘mid-June and mid-July showed the greatest increase in history for a comparable a U, 8. department of labor survey showed. Sparked by 34, 26 and 25 per cent increases in various meat cuts, the overall cost of food rose 13 per cent , . or from $10 to $11.30 for any given amount of food, the agency said
The Indianapolis food price index in July was 763 per cent above Aug. 15, 1939, prices. Or what you could buy for $10 in August, 1939, now costs $17.63, the government survey showed. As subsidies and OPA controls were temporarily suspended, round steak prices rose 34.5 per cent; pork chops, 26 per cent; bacon, 25.5 ; er cent. Last OPA prices quoted on overall meat ceilings were for midMay. Meats were so scarce in June, dealers failed to quote prices. The survey showed the price of lard rose 23.2 per cent from OPA's discontinuance to mid-July. Dairy products jumped 23.9 per cent and butter to 80 cents a pound, 21 per cent higher than the OPA ceiling. Eggs rose 11.2 per cent; milk, 12 per cent; fresh fruits and vegetables, 27 per cent; sugar, 2.7 per cent, while coffee remained unchanged and carrots dropped 6.1 per cent in price.
LOCAL PRODUCE
®
At South Ben
By EDWIN A, LAHEY Times Special Writer SOUTH BEND, Ind, Aug. 14— The Studebaker Corp. has one of the best, if not the very best, labor relations histories in the automobile industry. It should then follow that everybody is happy in South Bend, and that Studebaker is meeting its production quotas. But it isn’t. In April, May and June, the production quota called for 75,000 Studebaker cars and trucks. The total production was 17,290. Why? One way of putting it is to cay that strikes and slowdowns in the plants of Studebaker suppliers are responsible, Another way is to say that other employers do not get along with their organized workers as well as | the “home town” Studebaker Corp. | It is the province of & big thick book, not a newspaper story, to discover how much of the reconversion cramps can be attributed to the wistful union-busting of die-hard employers; how much to union demagogery and rivalry, and how much to the see-saw of living costs and wage rates, Effect Widespread
But the grim economic fact is that mechanized society is indivisible, that when an employer and his 500 workers, who make door handles or axles for Studebaker, come to a head-on collision that stops production, the effect of that stoppage sends out its ripples until Jhe 12,500 workers in Studebaker (or any other big plant) are made idle. Since the end of the war, Studebaker employees, who are members
ducks, | of the C.I. O. United Auto Work-
Current recet to ease, egEs, A pt. Ne: i medium,
Ne riage, Te, 1, §7¢; No. 2, 64e TRUCK WHEAT
Andinnapors flour mills and $1.87
a, yo i tao wheat fhe: Staats on their per bushel. a "No. '2 ‘white Bite shelled: oh s: 75: w e! ond} bounds or better, 70c
ers, have lost 15,000,000 man-hours of work, or more than $20,000,000 in wages, because of stoppages in other plants that affected Studebaker, according to Paul G. Hoffman, president of the corporation. In a chronology compiled by Hoffman in a letter to Walter P, Reuther, president of the Auto Workers (who appear to be concerned over the bogdown in auto production), there are 28 strikes
NOW. YOU GET FILTERED AIR CLEANING PLUS
MOTH PROOFING
ONLY
PLAIN DR SUIT, OR COAT
DDT |
listed between Aug. 14, 1945, and July 30, 1946, all of which stopped production of some Studebaker part in plants not owned by Studebaker. Some of Items Involved
The strikes ranged from a few days upward to a few months, Some of the items involved were propeller shafts, shackle bolts, transmissions, glass, auto frames, engine bearings, locks and keys, fuel pumps, horns, cushion springs, hose clamps, axles, { bumpers, piston rings, | equipment and window hardware. But while the auto
harmonious relations with its own employees. Last autumn, when Reuther and | the moguls of General Mofors were fighting it out with hyperbolisms | at 10 paces, Studebaker quietly ne- | gotiated a 12% -cent-per-hour wage increase with local50f the U.A. W.C.1.O, with an “open-end” pro- |
f| ENJOY EXTRA
CALL WABASH 4521
LEGALS
Ir. the Matter of De by ASTEining
Notice is hereby given the taxpayers of the said manlcipali a at i Rd meeting place on the 20th day of August,
mL DEBT SERVICE I 1. Interest on School Bonded Debt § 158 206 25 3 Ah eit” od 8 34. m. 00 2. Interest on Library Bonded Debi 23.240 00 3 Business Director's. Office. . hhas0 3. Payment Bonds — Sinking Pund 528,000.00 i Boa General ol ‘any R06 Total—DEBT SERVICE $ 700,836.28 6. Supply Department . 13'220 00 FIXED CHARGES —— | 1. Administration 20.00 Total-~GENERAL ADMINISTRATION $ 251,503.00 1. General ' 28 325 00 Tm Total—FIXED CHARGES ...... $261,345.00 . - 33. a 1 | CAPITAL OUTLAY . 0.000 3 | Administration ' $ 17,800.00 . e490 3 Remenlary Schools 101,359.00 3 4.054.543.28 igh Sc Is I 66.760.00 $ 21,365.50 | Total—CAPITAL OUTLAY $ 186,019.00 MIND TRANSFERS Free Kindergarten Society $ 72,000.00 2 Art Association 9,221.00 3. Children's Museum 8,500.00 sessenanany § 1,006,235.00 | 4. Symphony Orchestra 25,000.00 : PHBE 5. vs ens x nan $ 1,9000 Total—FUND TRANSFERS .... | . Elem ry Schools ...... seers 354,461.00 v ’ } hem ML elem sn 98,510.00 Total —SPECIAL FUND $ 7,672.995.50 | TUITION FUND . A Lian AAAINTENANCE $ 354.871.00 INSTRUCTION UXILIARY AGENCIES 1. Regular Teachers’ Salaries . 498,780.00 ementary Schools $2.889,346.00 Rha uuinnsnnrneidbnsisns 145,442.00 | Total Instruction—TUITION FUND $ 2.589.346 .00 ————— | —— Total--AUXILIARY AGENCIES $644,222.00 | GRAND TOTAL—ENTIRE BUDGET $10.562,341.50 ESTIMATE OF FUNDS TO BE RAISED FUNDS REQUIRED FOR EXPENSES To 7. Miscellaneous Revenue to be » DECEMBER 31st OF INCOMING YEAR received July 1st, of present Special Tiition Fear, > December 31st, of next school year (Schedule fi L Fo bang ¥stimate tor oftice of School Board, © 2 ar Ba Sal sa § 1.672,006.50 $2.880.346.00 8. Special Taxes (See Schedule) 612,800.00 on uly 3 b ransfer Tuition and All | a 870,231.75 1,543,575.00 Other Revenue (See Schedule) 4,432,921.00 8 Foal 4h (Add Lines 5, . % Sl $ 3.876,574.00 84,432,021.00 Amated x 525,000.00 None ! ’ NET PINCOME REQUIRED TO Hn Bo ma oy xpenditu BE RAISED FOR EXPENSES co $11,068,227.25 $4,432,021.00 | DEC. 31st. OF EXT p mo fron ) AND To BE SCHOOL YEAR (Deduct Nine 8 rom line 4) $ 7,191,653.28 PROPORED ar hs LEVY: 10. Operating Balance (Not in exi: 5 Actual Balances. June 30th of cess of expense from Jan, 1 to Fase $ 310.511.00 June 30, less Misc. Revenue for 6 collected, present same period) 56,400.13 oy settlement) ©....., 2,083,263.00 11. AMOUNT TO BE RAISED BY : ' TAX LEVY (Add lines 0 & 10) § 7,248,062 50 PROPOSED LEVY » LEE PPT TT TTP SARs anans sesniantriannsersnsiseasnes (Estimated) 8552.287.220 Levy on Property ie Amount to be raised e Pane st RIE a vi nT a aaa en a AY AE ers $7,248,062 .58 omparative ‘Statement of Taxes Collected and to be Collected. Collected Jo Be 1943 Collected Collected Collected — 1944 1045 1046" ,800.91 1 “" $6,234,798.61 $5,207,942.70 $6,061.962.00
h pave a ver
S2LEGALS
ght to be heard thereon. o “Wit ny ape appeal to the Bate Board
Bearing in on on Tn
CONVENIENCE. ‘Bank by Mail et
AMERICAN NATIONAL BANK
At mBlANAPOLIS
Mamas Fadeent Mopar Insurance Corporation
The Board of
City of Indiana polis, Marion County, 1946,
BUDGET CLASSIFICATION
After the tax of
cer Corp. anc
\ibor Relations Are Good
ignition
industry | | stumbles fitfully through an over- { long “reconversion,” the Studebaker Corp. still maintains its record of |and conceded that there might have
_ 53 LEGALS NOTICE TO TAXPAYERS OF TAX LEVY
the Tax Rate for School Piirposes
the School Corporation o Indianapolis, Marion County, Ind. Schoo)
Indianapolis, Indiana
or ™E ¢
d; Stoppages
Elsewhere Cut Production
Paul G. Hoffman, head of the
Studebaker “home town” in-
dustry.
vision stating that the corporation would increase rates to conform to whatever pattern was established in the bitter General Motors dispute, Studebaker was the first of the automobile manufacturers to sign a contract with the C.I.0. and, while there have been temporary flareups and misunderstandings, the union has never had to resort to a plant-wide strike. Observers in South Bend give two main reasons for Studebaker’s fine labor relations history. The first is that Studebaker is a real “home | town” industry, The men who run Studebaker are South Bend people, not Wall St bankers, and the men in the plant likewise are “homestowners:" ~The father-and-son teams in the Studebaker plant are legendary, and have been the topic of advertising campaigns. The enlightened attitude of Studebaker’'s top officers, particularly President Hoffman, is cited by the local citizenry as a second reason for the corporation's wholesome labor relations history. HofIman also is head of the committee for economic development, which entertains the notion (considered quaint in some circles) that capitalilsm will work if given a chance, No Big Differences When I visited the Studebaker plant, I discovered that the officers of the company were somewhat reluctant to talk about labor relations. Further inquiry at local No. 5 revealed that this reluctance sprang from their desire not to indulge in anything that might seem {like public recrimination during the discussion of a joint problem. Jess Harrell, financial secretary of lqcal 5, revealed that the com-
the “problem” of production rates,
been some slowdowns in the Studebaker plant in protest “slowdowns” in the settlement of grievances. Harrell insisted, however, that [there was no issue that the corpo- | ration and the local could not set[tle at the conference table, or {through frank discussion at mem- | bership meetings of the union. The unwillingness of either the {union or the company to discuss their immediate problems for publication was itself in drastic contrast to labor relations in other segments of the auto industry, and a pretty convincing: piece of evidence that a corporation and a union can live together in relative peace, given the willingness on both sides.
Copyrignt. 1046, by The Indianapolis Tynes and The Chicago Daily News, In
52
Commissioners of the City eof
Indiana, that the proper legal officers of At" 1700 P.M. will consider the following
IAN , Business Director.
4 -
y . . . - \ CAREY
pany and the union were discussing
against |
THE, INDIANAPOLIS 1 TIMES : i : le
am
WEDNESDAY, AUG. 1, 1946
Auto Union Boast No-Strike Record
"HOGS UP $1, TOP PRICE IS $23.50
Cattle Active and Steady, Vealers Gain.
Hog prices at the Indianapolis stockyards today regained the dollar they lost yesterday, hringing the top price back to about $23.50. Cattle trade was fairly active and generally fully steady while veal ers gained 50 cents. Sheep and lambs were about steady with yesterday’'s averages. Receipts today were 5225 hogs, 1125 cattle, 1500 sheep and 375 calves.
GOOD TO CHOICE HOGS (3:25)
Butchers 120- 140 pounds ..$20.00@ 20.76 140- 160 pounds ........... [email protected] 160- 180 pounds 23.50 180- 200 pounds 23.50@ 23.60 200- 220 pounds [email protected] 220- 240 pounds +. [email protected] 240- 270 pounds 23.50 270- 360 pounds Medium
160- 220 pounds ° . Packing Sows Good to Ohoice—
270- 330 pounds 2. 006 21.00 330- 360 pounds ........ . 19.50@ 20.76 360- 400 pounds ...cieniiiie 1. [email protected] Good 400- 450 pounds ....e00veee 19.006220.25 450- 350 pounds .....civenr0s [email protected] Mediu 250- 850 pounds : . [email protected] Slaughter Pies Medium to Good~ 90- 120 pounds [email protected] CATTLE (1125) holce—~ 700- 900 pounds ........ 20.00@ 23.50 900 1100 pounds 21.00@ 26.00 1100-1300 pounds @ 1300-1500 pounds Good
700- 900 pounds 900-1000 pounds 1100-1300 pounds .. 1300-1500 pounds Medium 700-1100 pounds 1100-1300 pounds Common — 700-1100 pounds
[email protected] [email protected]
Heifers (‘helce 600- 800 pounds
|
{
1R50@23 OD
for
U. S. Reserve Board Stiffens Rules on Installment Buying
WASHINGTON, ‘Aug. 14 (U. P.) —The federal reserve board, stiffening the government’s anti-inflation drive, has ruled that installment payments on the purchase of no-durable goods must be completed witih 15 months instead of the present 18. The board made the regulation applicable to all consumer credits up to $2000. Previously the maximum was $1500. Installment payments on the purchase of durable goods still must be completed in 12 months, except for automobiles, on which payments may extend 15 months. The increase from $1500 to $2000 in the maximum will affect auto-
mobile financing, however. Previously, if a person bought an automobile with a bank loan in excess
long a repayment period as he could negotiate.*
800-1000 POUNDS ...r.rrserss. [email protected]| oes PAPERINE MACHINE 600- 800 pounds i......eie 17.00619.00 800-1000 pounds ...uivviinis 17.00 19.50 Medium 500- 900 pounds ....ee00000n 13.00617.00 Lommon— ’ 500- 900 pounds ............. [email protected]| H. G. Barth of the Hyde Manudo Cavs all weignts) 13.35@ 15.28 | f8cturing Co, Southbridge, Mass, Gutter sod common 1111... . a 1810.15 |82Ve the first demonstration in the 00@ 8.26 | Middlewest of the Thomas wall-
Balls (all weights) paper machine which trims, pastes,
Bese 3 ‘velahm 100@1450| 300 matches wallpaper in one suisape— Walgae) srr WGN operation, at a meeting of IndianGoo, Air crass [email protected] | apolis dealers and guests in the Medium and common |... '8.80g10.15 | Lincoln hotel last’ night. : CALVES (375) ,The Thomas machine, invented Good ahd ChbIe Loss. iis 19.00620.00 and in use in Europe since 1937, is Comon and medium ...... 12, 5019.00 portable, weighing 35 pounds, and Calls. .......0n0e ; [email protected] |i. gelf-operated. It requires no Feeder and Stocker Cattle and Calves electrical power. Clioite Slee Mr. Barth explained that the ma500- 800 pounds ............. [email protected] | chine eliminates the usé of a table, 300-1050 POUDAE ...coesinries [email protected] straight edge, and trimmer, and can 500- 800 pounds ....icenness [email protected] | prepare a roll of wallpaper for appi On1050 POURS sesxrrrerers [email protected]| )ication to a wall surface in two 500-1000 pounds .....e00000e [email protected] | minutes. Common— 500- 900 pounds ...... 10.00@ 12.50 suse oom Inflamed Eyes? Ewes (shorn) = Good Ang chose ius... 3.00 $00 Get prompt relief with Lavoptik. Also soothes granulated eyelids; relieves tired, SPRING LAMBS sore, itching, sticky, burning or irritated Choice (closely sorted) [email protected] | eyes or money refunded. 30 years success. [Sood and choice [email protected] | Praised by thousands. Get Lavoptik to-
Medium and good
. 11.00 13.00 | day (Eye-eup included). At all druggists
a
of $1500,, he could legally have as.
CEILINGS REMOVED
ON INK AND SCALES
WASHINGTON, Aug. 14 (U. P). —~QOPA today suspended price conxols on home-size bottles of ink, commercial scales, and lamps for nedical treatment, The agency also dropped removed controls from cast metal lawn furniture, metal beach umbrellas, and novelty floor coverings.of all materials when they are made to order, OPA said none of these items _____|enter significantly into the cost of living or doing business. Also included in the exemption from price control were: Radio crystal receiving sets. Sensitized photo film plates and photo sensitized materials, not including roll film or motion picture film for amateurs. OPA emphasized that neither bathroom nor baby scales were included in the suspension order on scales. Heat lamps not approved ‘by medical associations remain under
ceilings.
U. S. STATEMENT
WASHINGTON, Aug. 14 (U. P,).—~Gove ernment expenses and receipts for the
current fiscal year through Aug. 12 come pared’ with a year ago: Ee This Year Last Year =
Expenses.....§ 4,709,424,680 § 11,832,127,339 Receipts... .. 9,370,043,051 3,838,880,770 Net Deficit 1,338,481,629 7,093,237, 468 Cash Balance 10,001,554,136 21,048,012,863 Public Debt "267,600,735,755 262,064,060,040 Gold Reserve 20,268,799,710 20,129,084,714
INDIANAPOLIS CLEARING HOUSE Clearings $ 6,438,000 Debits 10 131,000
NEW FIRMS AND PARTNERSHIPS
Quality Roofing & Siding Co, 7252 Ralston ave. Roofing, siding, insulation, C. E. Young Jr., 1562 Haynes ave. Metal Building Products, 733 E. st. Bullding material. Leo Stella, 732 R, 33d st.; Paul Raymond, R. R. 1, Box 153, New Augusta, Ind. Martin Bros, Quality meats, retail, John Martin, 5395 Rybolt; Eugene Mare tin, 2662% N. Harding; Clinton Martin,
B, R. 2, Lexington, Ind.; Olinton Martin r.
3d
Hobart-Mathews Co., 1037 Keystone ave. Coal and fuel business 8d planing mill. Benjamin Dorman, 3402 Broadway; Harry Dorman, 3034 Park ave.
Bell Sheet Metal Co,
te Sheet metal. Wesley Bell, R. Sa Bog
22, Indianapolis, Ind.
—
“
Cirele Tower
MERRILL LYNCH, PIERCE, FENNER & BEANE
Underwriters and Distributors of Investment Securities Brokérs in Securities and Commodities
Telephone: Market 6591
0. J. HoLpER, MANAGER
Offices in 83 cities interconnected by owr private wire system. Outstanding securities research information available.
ARRAN HRMVETRAA 00
Indianapolis 4
THANK YOU
waiting for delivery of your
EW CHEVROLET
We are doing our best to see that you get your new car as quickly as possible
We want fo thank every one of our customers in this community—and every prospective customer as well—for the friendly patience with which you are awaiting your new Chevrolet.
That patience will be more than rewarded when we hand
you the keys to your Chevrolet, for here, in our judgment, is the first and only automobile to bring you Big-Car quality of | lowest. cost.
We know how difficult it is to wait even a day for a car of
such exceptionally fine quality; but we believe you will understand that we, and the Chevrolet Motor Division, are as eager fo deliver cars as purchasers are to obtain them: Unfortunately, the cars produced so far this year are far fewer than we and the factory had counted on. Chevrolet headquarters at Detroit sums up the situation thus:
“Even though our rate of production normally exceeds that of any other manufacturer, we have been able to build, up to July 1, only 12.4 per cent as many cars as we had built up to that date in 1941. Production | is still far below normal, because of frequent shori-
ages of essential materials
and parts. Strike after
strike at the plants of our suppliers has seriously impeded our progress toward full production, and the
cumulative effect severely
hampers every manu-
facturing and assembly plant. In June we were able to build only 29.2 per cent as many cars as we pro-
duced in the same month in
While production is restricted, shipments of cars to us. As production increases, we are assured of gefting our proportionate share of the total number of cars from the factory. But we want you to know that as quickly as these cars are received, we will speed deliveries to our customers.
We thank. you, again, for
1941."
so—in proportion—are
your understanding and
patience—confident that when your turn comes to enjoy the Big-Car quality of the new Chevrolet, you will be thankful that you waited.
Remember— Our CAR-SERVICE is your best CAR-SAVER. Keep your present car alive’ until you get delivery of your new Chevrolet by bringing it to us for skilled service now and of regular intervals.
SEE YOUR LOCAL CHEVROLET DEALER
levy has been determined, ten. or more taxpayers Tax Commissioners for further and final action y Auditor not later than the fourth Monday of September and the State
THE BOARD on seno0 COMMISSIONERS ig
Listed on page 15 of your classified telephone directory
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