Indianapolis Times, Indianapolis, Marion County, 16 August 1946 — Page 12

”.

~~. But the automobile production gr}

Industry Blames Conversion Strikes, Supply Tieups;

Union Head Says Profit $

By EDWIN

Times Special Writer ’ : DETROIT, Aug. 16.—There are 58,000,000 persons: _ United States. Where's the merchandise? There is a curbstone opinion that in many of the light consumerstuff apparently is being produced but is snapped off store shelves so rapidly by a purchasing-happy public as to create

goods industries; the the illusion of a shortage. But in

eeking Delayed New Cars. A. LAHEY working in the

the automobile industry, the most

efficient and competitive in America, the automobiles are not comng off the line according to schedule. The industry has fallen behind the time-fable by more than 1,500, 000 cars. Thé trade paper “Automotive News” estimates August production will not be 326,000 passenger cars, as the companies planned, but about 250,000. Much of this deficit can be attributed with little arguments to the great reconversion strikes in General Motors, in steel and in coal, when big industry, big unionism, and big government failed so spectacularly to make a smooth economic transition. Still Bogging Down

still bogging down, now that the big wage fights and the big battle by industry against price control are history. Manufacturers without exception and without reservation declare the reconversion strikes of last winter, plus current strikes in little plants that supply the big assembly lines with--material, are responsible for the industry's failure to meet production schedules. President Paul G. Hoffman, of Studebaker, who certainly cannot

be tagged as a union baiter, lists].

28 strikes over which Studebaker had no control, but which for a time stopped-the flow of parts during the first 11 months of ‘peace. Ward's automotive reports attributes the failure to meet August plans to a shortage of manpower in parts plants and in the principal manufacturing establishments.

Doubted by U. A. W. Head

Walter P. Reuther, president of the C. I. O. united auto workers, says the strikes in suppliers’ plants couldn't possibly account for the delay in attaining peacetime production, - Mr. Reuther says steel is in short supply because scrap iron was held off the market for higher prices after June 30; that pig iron is in short supply because so many marginal blast furnaces subsidized by

- OPA set dollars-and-cents, as-is,

‘| OPA’s records showed the warranty

USED CAR PRICE CEILING REVISED

1946 Used and New. Car Listings Altered.

WASHINGTON, Aug. 16 (U. PJ). —QOPA today revised ceiling prices on used 1946 automobiles, In at least one ingtance thé order places a lower price on a 1946 second-hand car than on the same car manufactured in 1042, Prior to today, the ceilings for used 1646 cars and for the same magdels new were identical.

prices, effective Aug. 21, on each 1946 model in each of three regions. Warranty prices, chargeable only by dealers, are 15 per cent higher. On pre-war cars, the warranty price is 25 per cent higher.

Give Examples

The agency cited these sample “as is” prices on four-door used cars built in 1945 or 1946: Region A (East and Central states)—Ford, 90 horsepower, $946; Chevrolet stylemaster, $890; Plymouth, $1009. Region B (Midwest)— Ford, $979; Chevrolet, $923; Plymouth, $1042. Region C (West coast) —Ford, $1114; Chevrolet, $958; Plymouth, $1077. The Chevrolet, in region A, would sell at a warranty price of $1024.50.

price on the same car, 1942 model, is currently $1043.

2 BILLIONS TO BE CUT

WASHINGTON, Aug. 16 (U. P). —The treasury announced today it will lop another $2,000,000,000 off the national debt on Sept. 1 by

| 500- 800

FROM NATIONAL DEBT)

75 CENTS T0 $1

Cattle and Calf Generally Steady.

large.

ning lower.

erally steady, while fat lambs were weak to 50 cents lower,

GOOD TO CHOICE HOGS (7325)

Butchers 120- 140 pounds «...evviness [email protected] 140- 160 pounds . [email protected] 160- 180 pounds . 23.00 180- 200 pounds . 23.00 200- 220 pounds ve 23.00 220- 240 pounds . 3 D0 240- 270 pounds . 33.00 270- 360 pounds 23.00 Medium

160- 220 pounds [email protected]

Packing Sows

Good to Chotce— 270 300 pounds 300- 330 pounds .. 330- 360 pounds .. 360- 400 pounds .. Good

[email protected] . [email protected] . [email protected] « [email protected]

400- 450 pounds e...eseveees [email protected] 450- 550 pounds ...» [email protected] Medium— 250- 550 pounds 15.50 @17.50 Slaughter Pigs Medium to Good— 90- 120 pounds ......v00u0s [email protected] CATTLE (700) Chotce~ 700- 900 pounds ......e00i0e 20.00 @23.50 900 1100 pounds ...evvvivene 21.00 J 1100-1300 pounds ....vevnvies [email protected] 1300-1500 pounds «...ee eases [email protected] Goed— 700~ 900 pounds ..s..eene wees 17.00020.00 00-1000 pounds ....qeveveee [email protected] 1100-1300 pounds .....eevvvves [email protected] J300- 1500 PoUNdS .everssnseiss [email protected] ediu 700-1100 pounds [email protected] 1100-1300 pounds [email protected] Common — 700-1100 pounds ......ceeees [email protected] Heifers Cholce— 600- 800 pounds 18.50 @23.00 800-1000 pounds [email protected] Good 600- 800 pounds [email protected] 800-1000 pounds [email protected] Medium 500~ 900 pounds ...cevenenne [email protected] Common 500- 900 pounds ......e0.0000 [email protected]

Good “es 15.25 Medium eke ens ... [email protected] Cutter and common . [email protected] CRBNBE +ocrtrassnensesaveessd 1003 8.39

Bulls (all weights) eef— Good (all weights)

whesvare [email protected] Sausage GOOR «..oucnuneseirasevess [email protected] Medium .........c.vennveine [email protected] Cutter and common ........ [email protected] CALVES (350) : Good and choice ceieseass [email protected] Common and medium ....... 13.00: He CUS ....oivstannnnrrsrsnsns 10.00@13. Feeder and Stocker Cattle and Calves . © Steers Cholice— 500- 800 pounds .....cecveaes [email protected]

800-1050 pounds [email protected] Good r [email protected]

[email protected]

pounds | 800-1050 pounds | Medium—

| 500-1000 pounds .......cseses [email protected] | Common— 500- 900 Pounds ............ [email protected] SHEEP (675) Ewes (sBorn)

Good and choice Common and medium

retiring securities which become

the government in war time have had to shut down their expensive operations without subsidies. He says springs for automobile seats are lacking because the steel . industry is ‘using the facilities for this product to make other things upon which there is a higher profit. Despite lagging production, many of the auto corporations report high employment.

due on that date. The new cut will bring the national debt down to about $265,500,000,000, Including the new retirements, the debt has been reduced $15,485,000,000 since last March 1.

AFRICA AIR ROUTE OK'D WASHINGTON, Aug. 18 (U, P). ~The civil aeronautics board today issued, with President Truman's approval, a certificate to Pan Amer-

SPRING LAMBS

| Chotce (closely sorted) | Good and choice ... Medium and good . Common

00 ... [email protected] ‘ea [email protected] . 10.00@ 12.50

U. S. STATEMENT

WASHINGTON, Aug. 18 (U. P,).—Government expenses and receipts for the current fiscal year through Aug. 14 compared with a year ago:

8 Year Last Year Expenses $ 5,046,746,676 § 12,533,928,763 Receipts ,669, 898 662 4,212 441,311 | Net Deficit 1,376,848.013 8,317,486,951

| Cash Balance ‘10,992,826,427 | Public Debt 267,662,260,879 | Gold Reserve 20,268,444,109

20,867,947,339 263,076,560,288 20,130,068,261

HOGS HERE DROP.

Prices

Hogs lost 756 cents to $1.00 at the Indianapolis stockyards as weekend receipts were 7325, unusually

Price today was $23.00 for most} weights, with lighter weights run- ;

Cattle and calf prices were gen-|§

“of labor, betray a certain hollow-}|

#4023 per week, This includes the |

/ industry

But wage and hour figures of the automotive - industry in Michigan, as compiled by the state deparjment

ican Airways, service between New York City and | South Africa.

Ine.,

authorizing | *

INDIANAPOLIS CLEARING HOUSE CHOBINES ovo ivrsnivssnaransvs $ 7,102,000 | Debits .

oo - THE INDIANAPOLIS TIMES Britain Prepares to

Act in Iranian Oil Fields Strikes Nn

EL TA EH AR

CLL Ll ll] Britain shifts troops in Iraq to'lran border, worns it will move into without consulting UN if British interests or lives endangered

border. ° .

Middle East, producing 17,000,000 tons in 1945.

<.¥ Domestic unrest in Iran, highlighted by two strikes of 50,000 workers which paralyzed vital Britishheld oil fields for weeks, may compel Great Britain to move armed forces into Iran.’ The British government owns over half of the Anglo-Iranian oil company, whose Khuzistan wells are the largest in the Iran has protested recent dispatch of British troops from India to southern Iraq and has demanded withdrawal of British forces now concentrated on Iran-Iraq

010 MAPS ‘REAL

WAGE’ CAMPAIGN

Aren’t Rolled Back.

By CHARLES ‘H. HERROLD United Press Staff Correspondent WASHINGTON, Aug. 16—A C. IL O. campaign to increase “real wages” today threatened a head-on collision with President Truman’s wage-priceé stabilization program, and may lead to widespread strikes in the mass production industries in 60 to 90 days. - C. I. O. President Philip Murray said the campaign also would “reach the ballot box in - every ‘American precinct” in the November elections. Walter Reuther, president of the United Auto Workers (C. I. O.), may set the course for the new C. L O. policy which was adopted at a national emergency conference of 300 top union leaders here yesterday. Mr. Reuther said his executive board in a special session here would call for reopening the union’s contracts on wages. “In the automobile industry, we are going to take advantage of clauses permitting reopening of contracts on wages,” Mr. Reuther said. “We are going to do it to be in position to protect ourselves on the wage front if the government does not give us the protection we need on the price front.” y Await Price Rollbacks Mr, Reuther said this did not mean “a helter-skelter of strike action.” He said the action is one of preparedness if the Truman administration fails to roll back prices of essential foodstuffs to their June 30 level. He joined the C. I. O. conference

21,975,000

ness in, the “high rate of employ- | ment.” : Compares Figures

department, Michigan auto workers| had an average work week of 28 hours, and average earnings of

18%-cent wage increase of the re-| conversion period. But in June, 1945, according to the same source, Michigan auto workers averaged 42.7 hours a week with average earnings of $54.94. Since June 30, these earnings fig- | ures in Michigan undoubtedly have risen, but so also have living costs, | sending tremors of dissatisfaction | through rank and file workers, and providing opportunities for the submerged radicals in the union to “heat up the job” with demands | that present contracts be kicked out! of the window, and higher rates! demanded. President Philip Murray of the] C. I. O. and Mr. Reuther are steer-| ing away from the wage issue, how- | ever, and are emphasizing the need | for a roll-back of food prices to the June 30 level. y Impact of Efficiency According to informed observers! connected neither with the auto industry nor the ©. I. O. the er-| ratic supply problem in the big | auto factories has’ a direct impact | -on the efficiency of workers, who! frequently attempt to stretch out | the work in the belief their stock of material will not be replenished, and they will be laid off when ex. | isting supplies are gone. There are few complaints in the | auto industry which have not com- | plained about the loss of produc- | tivity per man hour. Whatever the distribution of responsibility may be, the highly integrated and efficient automobile | industry has not reached its stride! A year after the end of the war. There are great hopes everywhere | in the industry of reaching that | full stride of mass production in the 2 Low months ahead. | if this is not done before. the wage issue bursts again, the world-famed American automotive may take its place alongside the decrepit building indus-

try as an institution unable to cope |

with its environment.

imes

Na. oS <7 Ree itty Y 7 MA =e A a —"—_——"—"——— ates”

| {

INDIANAPO! IS to 3 175 te

; 20 Capitol

venue tneolr 3750 o 1;

KICAN BUSLINES

SATURDAY

ONLY

Hint Strikes if Food Prices

Named to Local

Visitors Bureau

Norman W. Lauchner has been appointed a staff member. of the Indianapolis Convention and Visitors

bureau, Paul E. Rupprecht, president, announced today. Mr, Lauchner attended Franklin college before enlisting in the navy in 1941. Before being discharged with the rank of lieutenant, , Mr, Lauchner served on Batazn Mr. Lauchner and Corregidor. He was a Japanese prisoner of war for three years.

in demanding the administration do this job in 30 days or scrap its wage stabilization program. The C. 1. O. urged: ONE. Organized buyers’ strikes and protests against any government “surrender” to inflational demands of big business. TWO. Restoration of food subsidies until next April 1, as permitted under the OPA law, and the election of congressmen who will extend the subsidies. THREE. A full voice for its cost of living committee in OPA decisions. FOUR. Heavier taxes on speculative profits. FIVE. Revision upward or scrapping of the wage stabilization program if thg administration fails to roll back prices. The C. 1. O. also adopted a statement charging “a widespread and sinister conspiracy on the part of organized employers in this country

[

payroll of around 1000 if it obtains

to depress real

wages, establish

speedups, pyramid profits, and to torpedo the living standards of all the people.”

LB R F

FOR 61

TWO BIDS MADE ON WAR PLANT

Top of $4 Million Offered For Local Works.

The war assets administration was reported today to be considering two bids for purchase of the huge Bridgeport Brass Co. plant here. Bids, submitted to the Chicago regional office of the WAA and forwarded to Washington, were made by the Garrett Metals Corp. of Chicago, which offered $4,250,000 for the plant and certain equipment, and by Bridgeport Brass, which = offered $3,125,000. The Bridgeport company operated the 99-acre plant throughout the war. Decision on the sale of the plant, which cost the government an estimated $11,500,000, was reported due by Aug. 27. During the war the plant was used to manufacture shell casings and. at one time had 2500 employees. The Garrett company estimated | its peacetime use of the plant would require more than 800 employees while Bridgeport was understood to be anticipating a

the plant:

MALLORY EMPLOYEES TO PICNIC TOMORROW

The athletic association of P. R.|

Mallory & Co. “Inc., is sponsoring a picnic tomorrow for all employees and their families in Forrest Park

near Noblesville. - 2 Busses . will' leave Mallory plant |

HOOSIER CORN

P.).—A new record high in corn production was indicated today by Purdue university and federal agricultural Hoosier crops were somewhat below normal. Piet

would harvest a crop of 247,775,000 bushels of corn, 5 per cent above last year’s record figure and 38 per cent above normal. :

ever, was expected to equal the

was the reason for the total increase,

* RECORD SEEN

247. Million Bushel Crop Is:

Anticipated.

‘LAFAYETTE, Ind, Aug. 16 (U.

They estimated Indiana farmers

The average yleld per acre, how-

1945 top at 53. Additional acreage

Other crop estimates by the agricultural observers: Make Other Estimates Winter wheat 30,616,000, or 21.5 bushels per acre. ’ Oats 57,831,0000 bushels, 37 per acre, 3 per cent less than last year's crop but 44: per cent above average. Barley 550,000 bushels, two-thirds of 1945 production due to smaller acreage. Rye 896,000, smaller than last year due to less acreage. Soybeans 25,800,000, 7 per cent less than“1945 but 20 bushels per acre. estimate will equal state record. Potatoes 3,720,000 bushels, 120 bushels per acre, 5 per cent nder last year and 28 per cent below average, smaller acreage.

TRUCK WHEAT

_ FRIDAY, AUG. 16, 1043 ' LOCAL ISSUES = '

-N minal quotations furnished by Ine

q dianapolis securities dealers: STOCKS

Central Soya com Circle Theater com . Comwlth Loan 4% pfd a Consolidated . Industries com ,

Hook Drug Co com Ind Asso Tel Co 2 pfd . Ind & Mich Elec 4%2% pid Indpls P & L com .~...! Indpls P & L 4% pid.... Indianapolis Water pfd , Hndpla Water cl A com Indpis Railways com . Jeff Nat Life com .... Kingan & Co com Kingan & Co p Lincoln Loan Co Lincoln Nat Life com :.. Marmon Herrington com Mastic Asphalt

Progress Laundry com .. . *Pub Serv of Ind com 4 *Pub Serv of JInd 3'2% pid.. Ross Gear & ‘Tool com

Sond G & E 43% pid ....11 Stokely-Van Camp pfd ,.. 1 Stokely-Van Camp com . 33 Terre Haute Malleable ..:... 9a 10% U 8 Machine com ........... 3 3% United Tel CO 5% svueevnesnes 9 “tes Union Title com ............ 39 cere BONDS American Loan 4%s 60 ....,.. 9 “een Bubner Fertilizer 5s.-54 .,.... 98 . Ch of Com Bldg 4)2s 61 ..... 96 ° . Citizens Ind Tel 4%2s 61 ..... 103 oe

Columbia Club 12s 5s Consol Fn 55 66 .....

Hoosier Crown 5s 66 99 Indpls P&L 3%s 70.......... 105 Indpls Railways Co 5s 57 .... 9la Ind Asso Tel Co 35 75 .......104 . Investors Telephone 3s 61 .... 99 ‘eon Kuhner Packing Co 4s 54 ....100 Css N Ind Pub Serv 3's 73 ..... 106% 106 Pub Serv of Ind 3's 75 ..... 107% 108 Pub Tel 4%s 35 ........ 00 ss hé Trac Term Corp 5s 57 .. 9

H J Williams *Ex, dividend.

LOCAL PRODUCE

c 58 58

PRICES FOR PLANT DELIVERY Poultry: Hens, 42 lbs. and over, 25 under, 22¢; Leghorn “hens, 20c; 194h

Indianapolis flour mills and grain elevators are paying $1.87 per bushel for No.. 1 red wheat (other. grades on their merits); corn, No. 1 yellow shelled, $1.70 per bushel, and No. 2 white shelled, $1.75;

springs, friers, broilers and Toasters, 2803 Leghorn springs, 26c; roosters, 16c; ducks, 105; geese, 10c; No. 2 poultry, 4c less than No. 1.

Eggs: Current receipts, 54 lbs. to case, 32c; graded eggs, A large, 39¢c; A medium, 32¢c; no grade

oats, testing 34 pounds or better, T0c per bushel

X 0. Butterfat: No. 1, 67¢c: No. 2, 64e.

—ROOM 91 TERMINAL

For the Convenience of Our Customers

OUR CASHIER'S OFFICE

WILL BE OPEN FROM 8:00 A.M. to 4:00 P.M. SATURDAY, AUGUST 17th.

4 TRACTION BUILDING—

Consolidated Industries pid... 4% Cons Fin ‘Corp pfd ..... « 9% ve Delta Electric com . ve 19 Electronic Lab com .. 4% WW Ft Wayne & Jackson RR pf 107 § Herfl-Jones ¢! A pfd eee

Cash in Old Token Coins and Tickets—4 for 25¢

INDIANAPOLIS RAILWAYS, Inc.

1 at 9:30 a. m. Del Giffin, chair man, announced. ;

UR COATS, Scarfs, Jackets, VASSAR GUILD COATS and T HUGE SAVINGS

YEARS

why

In . S1( EVERY O} that make us wondering. . . . tion between t Maryland sts. |

with: “Didn't replied somewk everything-—I'n have meant ps there was the i Maryland and night with a | car pulled up beer at them, : or sell the: sca had no takers, thing we could too. A woman boarded the 21 What puzzled woman was ap) of the ordina looked up as tk out of a “hum: building was si . building,

Mountains

GUS SUES! one of his cust he cuts your customers now Maryland afte was the year, | went to Chicag sion but he v backed off quic me to get on | time he went the water com mountains for me to death.” to Los Angele: “Not if I havi fact, he says, much more tr years barbering footsteps. “Th the trade,” he |

Serial Set ANY OLD] year The Time called “Chicki about it at th marked the fir advertising. A agents rememh card space was

Tast

GUNNISON these “tasty G of fishermen all summer, yo -'ONE: Use TWO: Use Big Jim Wi 2 classification, Big Jim rur * Some weeks, ag his business. 1] some fun. So West headed f In Colorado some trout fisl They said t! famous trout : Jim bought ment of flies hopping bug kr He and Mrs Resort; and Ji with his swank Jim fished 1 caught a trout cited him so . fish's mouth. Then Jim

. friends. with tl

Mrs. N. E. Me lock, a real .e fish for 25 year his flies. He cs

Shares His

80, BY the Jim was living grandest time ¢ He's a gent in Gunnison, I with us. He

Avia

NEW YORI who probably out to win the

coming Nation: Tony has done is indicative of fighter pilots other fast war low cost from Tony, who ¢ in the Thomps of Lockheed an the war on th Star jet fighte Star that he y the list of fast Believe it or (two tons) off gross weight d He will have {x mile Thompson lighter than dt

Plane Is St

LEADING | plate, earburet« turbo-superchai been removed. been moved to

NEW YORK write a differe been writing bi from Hyde Pa drowsier than come head on w sideswiped a s that someone My son’s ma injured but I he And the little | was not hurt. in the other ca I know what a been for all of accident before gether with the talk to me, cou me so drowsy. providence if nc

Black and

I MYSELF / shall look as tl without having black and blue. much all over. I think I wou Penzance, I ar action in the ne that T have mu little discomfort fully.