Indianapolis Times, Indianapolis, Marion County, 22 August 1946 — Page 24

to one-half the present reduced rate of approvals for n and industrial construc

y is forcing the : objections of Civilian Pro- | gdoction Administrator John D. Small, who has insisted previous . glashes have reduced non-housing construction to “dangerous ‘evels.” | Wyatt revealed the step in an- _ nouncing a series of moves to assure anletion before winter of thoui of homes and apartments started in the last six months, but | now stalled by lack of supplies. © 3,000,000 G. L's Homeless Roosevelt, national housing chairman of the American Veterans committee, said at a news conference

yesterday that 8,000,000 G. L's are homeless.

“The veteran has been patient but he is fed up,” the son of the late President asserted. “He is fed up With the glad hand and the windy talk and he wants action.” "Praising Wyatt for “doing every-, thing he can,” Roosevelt called on President Truman to call a special | session of congress in November to act on the Wagner-Ellender-Taft | long-range housing bill.

cut over

" afford houses even if they were available, he said. Under the hous"ing bill about 10 per cent of the © 1,200,000 homes contemplated each year for the next decade would be Other Steps to Be Taken Roosevelt sald he would ask Mr, . Truman to place all building materials under priority and that 90 per cent of these materials be set aside for veterans’ homes. .. Wyatt revealed the new plans to his veterans advisory council, of which Roosevelt is a member. "In addition to the extra slash on non-residential building, he outlined these steps—all to be taken before th~ end of August: ONE: More materials will be put under priority—maybe 50 instead of the present 25. These should cover all the needs of a home builder,

TWO: A bigger proportion of

Unveiled ;

Navy plane,

the Lockheed Constitution. The 92-ton f

officials in Washington unveil a 7-foot scale model of the navy's newest and largest transport our-e ngined monoplane, capable of carrying 168 passengers

is now undergoing final tests at the Lockheed plant in Burbank, Cal. Left to right, Rear Adm. Leslie C.

Stevens, assistant chief bureau of aeronautics; Vice

Adm. Arthur W. Bradford, deputy chief naval

operations for air and Rear Adm. Harold B. Sallada, chief of bureau of aeronautics,

” LJ

| 68-Passenger Craft

Due

HOG PRICES RISE

To Bring Bus-Class Fares T0 RECORD HIGH

WASHINGTON, Aug. 22 (U. P.).—The 168-passenger Lockheed |

Constitution, unveiled today as the world’s largest transport, may whizz, Ln ; miles an hour with bus-class fares. Cattle Generally Higher in

over the airways in the future at 425

Announcing purchase of two of the 92-ton, four-engined craft at a cost of $27,000,000, the navy said the first will make its maiden flight

about Sept. 20, at Burbank, Cal. The colossal double-decked ships will be turned over to the naval air

"A ‘third of all veterans cannot| transport service for trans-Pacific/a five-story building. five span is 189 feet and length 156.

years or less the first commercial It will carry a crew of nine with classes advancing. {three reserves. -

operations in about a year. In

versions should appear. ‘In these, the 3000-horsepower | Pratt & Whitney piston-type engines probably will be replaced by gas turbine engines which will add) 125 miles an hour to the present) estimated speed of 300 miles an hour for the navy models. | ‘Lockheed Aircraft Corp. spokes-{ men said the resulting increase in|

combined with dow operating costs might make possible fares in the! bus transportation category.

and high-priority cargo over long ocean expanses. It has an operating range of 6000 miles; being able to fly nonstop from San Francisco

CE)

scarce building materials will be bow n

on’ P) [LIC]

set-asides, which now average: 50

| was well below the cost at which it can Be produced in China.

3 TRUCK WHEAT

Indianapolis flour mils es grain ele$1.87 “bushel 1

Are pa : / 1 red wheat (other grades on their merits)

corn, No '1 yellow shelled. $1.70 Ber bushel ang No. 2 white shelled. $1 is: per bushel. » :

. orp. Indianapolis: agent, Quy

York to Dakar in less than 13.

which’ permit “in-flight” mainte-

these facts about the plane; On the top deck there are seats

staircases fore and aft.

a flight. The cabin is pressurized for 10,000 foot altitude - pressures

feet. > |

The Constitution is 20 tons! heavier than the Martin Mars, |

largest landplane now flying.

INCORPORATIONS |

Its |

Rainchek Mfg. Oorp., 10 N. Delaware,

address, 500 shares without par value; manufacture and sell goods of all kinds; Owen P, McCaflrey, nneth

Ann C. McAndrews Ralochek Sales C Martinelli, same address; 500 shares without par value; merchandise distributor for manufaeturers and dealers; Owen P. MeCaffrey, Kenneth G. Meyer, Ann C. McAndrews

SINESS DIRECTORY |

~—WATCH REPAIR— Prompt Guaranteed Service FREE ESTIMATES

Alinson Jewelers

CLIFFOD HEADS

KOKOMO PLANT

payload and frequency of operation Continental Steel Corp.

Names New President.

KOKOMO, Ind. Aug. 22 (U.P) — The constitlition was designed, |, former high school odd-job boy

the navy said, to speed personnel was elected president of Kokomo's big Continental Steel Corp. yester-

day by the board of directors. Ralph K. Cliffod, vice presiden

to Tokyo in 19 hours and from New and: general manager, who started { working part-time in his high school

SE hee fn

Mr. Cliffod 8

station, it was announced today.

The exhibit, displaying products for 92 passengers. Two cabins on|of 74 {pdustriab firms with an auxthe lower deck will accommodate 76. | iliary exhibit of 20 photographic The decks are joined by spiralimyrals with an industrial theme AD enor- will pe installed in the train conor | mous galley can serve 300 hot meals course of the station and main-

tained there permanently, After the opening ceremony, ther

when the plane is flying at 25000 wil] be a dinner at 6:30 p. m. in room of the Claypool

the Riley hotel. P. 8S. Pearce

tons heavier than the Army’s C-74,| dedication committee, Members of committee are K. W, At-

the kins, E. C. Atkins & Co.; H. Carnine, Engineering

|s. | Emory Sharp, L, 8, Ayres & Co. PRICES FOR PLANT DELIVERY | Popltry’ Hens, 4a ibs and over, under, 23; Leghorn hens, 20c: springs, friers broilers and roaste Leghorn springs, 25¢;- roosters, 16¢; | 10¢; geese 10e 0 2 poultry ie less th | Se; jraded ees, A | NO

| Eggs: 32¢; no grade Butterfat ——

U. S. STATEMENT

emmment expenses and receipts for

pideney of

: is chairman and Tan Cav sg 1 world's largest seaplane. It is 21 Merle Sidener vice chairman of the Common snd medium ....... 5.50@ 6. @ w

James | Medium and good ............ { Metal Products Co.; Theodore B. Griffith, | L. 8. Ayres & Co:; Harry S. Hanna, Indianapolis. agent, Guy Martinelli, same} Indiana Bell Telephone Co.; W. R.| Krafft, Monarch Motor Co.; William G. Meyer, H. McKitrick, Indianapolis Union 10 N Delaware, | Railway Co.: H. T. Pritchard, Indi-| Standard Oil of Indiana and repre'anapolis Power & Light Co.; Russell, sentatives of the National Maritime Williams, Gaseteria, Inc. and| union (C. IL O.) were reported today tc have reached a tentative agreement for settlement of a strike] which has tied up at least five of |

He. 1946 ucks, large, 3c; A medium, Current receipts, 54 (bs. to case, ly Cc. No. 1, 67¢; No. 2, 64de.

WASHINGTON, Aug. 22 (U, P).-—QGov-

current fiscal year through Aug. 20, com-

Turbulent Trading.

Hog prices rose to new records In

|single tail towers 50 feet, equal to turbulent livestock trade today at The wing-| Indianapolis stockyards.

The" extreme top for hogs was $26 with all

Cattle, ‘while scarce, also turned | active and generally higher, veal-

$3 to $4.

GOOD TO CHOICE HOGS (7709) Butchers 120- p

Medium-— 160- 220 pounds Packing Sows Good to Choice

Slaughter Pigs Medium to Good— ?

per cnt, may run as high 8s 90 nance of engines and mechanical,| Williams who will retire from the per cent. - . electrical and hydraulic fittings. post So, become chairman of the |; o0°1500 pounds " 3100836.00 - THREE: Enforcement will be Crewmen can move through man-| board of directors. F200 pound 2 » to assure compliance with [size tunnels in the wings to inspect| After Mr. Cliffod was graduated 900-1100 Pounds. : 18.00821.00; | | priorities and set-asides. There are|and adjust engines and accessories| {rom Kokomo high school, he at-| ze 150 en 1830871.00 | many loopholes in the regulations. |while in flight. |sended the University of Michigan. | Medien. s0gin.00] | “Non-residential construction] In disclosing completion of the Later he became chief chemist,f,jo 1300 Bounds runes Rg "cannot be permitted to continue| Constitution, Vice Adm. Arthur W. then superintendent of the largejCromur : diverting the present volume of ma-| Radford, deputy chief of naval op- metal plant that employs several Ne Len! terials from veterans’ housing,” erations for air, remoyed a three-| thousand. Cholce— i Wyatt said. “Tough action is need-|year secrecy label from a project| He was made vice president and 300-1000 pounds [email protected] ed and such action is justified at/that involved 3000 Lockheed ‘en-|Seneral manager in 1944. od-i00 pounds [email protected] the present time.” gineers and skilled workmen. SS S300. 1000 pounds seansasrenens [email protected] b JAPANESE SILK CUT Disclose Details INDUSTRIAL EXHIBIT Soo 900 POUNAS .evrrureriens [email protected] ommon-- : Had the war continued, Adm. { 500- 900 pounds ........... [email protected] “RESENTED iN CHINA Radford said; the navy planned 10; . Good : To i 14.006 15.50 SHANGHAI, Aug. 23 (U. P)— buy 50 of the mammoth planes « 10-BE OPENED NOV, 1 Medium as ; ig 1g ! silk exporters voiced dis-|$2225000 each. The two experi-| mye pngianapolis industrial ex-|* meme (a welghie) Aen appointment today over the decline| mental models cost $17,000,000 plus yt sponsored by the Indianapolis] Beef of the price of Japanese silk sold i . Good (all-weights) ......... [email protected] an additional $10,000,000 for en- chamber of Commerce, will be |Ssusage— to the Uni States from $9 al gineering and tooling, { . COO ...oocuornvinsvsnesans 13. 14.50 gl 8g 4 i opened to the public Nov, 7 tum [email protected] pound to $6.63 pen pu with \ : The navy and Lockheed disclosed Cutter and common [email protected] Silk ‘circles here held the price a ceremony at 3 p. m. in the Union CALVES (325)

« Mi e| 500-

Good and choice

SPRING LAMBS

Choice closely sorted ..... Good and cholce

Common .

STANDARD

the company’s oil tankers.

the

Call MAS717 BISHOP FUR CO.

tnd Fleer Kahn Bldg.

’ ae a pout pared with a year ago pi - Expenses $5,655,188,747 5 h06,630,6 ' of MOTH HOLES—BURNS 888, 830, Wo Hamilton s or WORN SPOTS Net Befcit 1.410,847028 333 378 ANDER & LEON TAILORING CO. Cash Balance 11,061.847.594 20,131,332,620 "/ fod * WATCHES 23 In the Middle of || EuDliC Debt 267740389121 263,235,420,380 : 5 Mass. Ave. a 4 Gold Reserve 20,274.768,162 20,088,748,038 st : INDIANAPOLIS CLEARING HOUSE |} . CIAARIMER +o «issues sasinsns vine 9 6,000,000 RDI esse a 17,021,000 | § FUR STORAGE iw REE % 1 Modern Vaults :

Listen to

———————

Jordan Cabinet Co.

Immediate Delivery on All Size Built-in Kitchen Cabinets

SEE OUR LARGE DISPLAY

Every night Monday through Friday i

WFBM-—10:15 P.M.

8 North Delaware St.

’

“BUSINESS HIGHLIGHTS”

Merrill Lynch, Pierce, Fanner & Beane | ©

‘GRAIN DEALERS MUTUAL AGENCY, INC. 1740 N. Meridian St. WA bash 2456

RECORD HOOSIER]

“ers going up $1 to $2 and lambs’

270- 300 pounds .......... .. [email protected] 300- 330 pounds ........00.0 [email protected] J30- 360 pounds .......e0000 [email protected] ;o. 400 pounds ...eviueiinn [email protected] | 400- pounds .ccaveviine. [email protected] | t | 450- 550 pounds ............ 1.008225 Medium — 250- 550 pounds ......

: [email protected]

20.00@ 23.50 . , 21.00 26.00 | Gh

Good and choice ............ 20 31.50 ‘ommon and medium ........ 13. 50 Culls rnd <M 13.00 Feeder and Stocker Cattle and

16.50

REACH AGREEMENT

CHICAGO, Aug. 2 (U. P).—|

| The company is one of 17 firms involved in the Great Lakes shipping strike, now in its eighth day.

ty Rr

CORN CROP SEEN

Prospects for Balance of Nation Declines.

—Although prospective corn pro= duction for the entire nation declined 55 million bushels during the first 15 days of August, agriculture department estimates for the Indiana corn crop were unchanged. b. The estimated production for Indiana, based on conditions as of Aug. 15, is 247,775,000, or 53 bushels per acre,

the total national crop, 1946 pro-all-time record. :

terday estimated that the crop would be 3,442202,000 bushels on the basis of Aug. 15 crop conditions in the 12 principal corn producing states and Aug. 1 conditions in all other states. Will Break 1944 Record

The department's Aug. 10 esti mate, based on Aug. 1 crop conditions in all states was for a production of 3,496,820,000 bushels. The previous all-time record production of 3,203,000,000 bushels was set in 1944. The department said the decline in prospects during the first 15 days of August was due principally to continued dry weather in the Great Lakes area and Plains states. The lack ‘of moisture was most severe in southern - Michigan and southern Kansas. “Cool nights and less of the hot humid corn weather than is usual in August explains the lack of offsetting improvements in other parts {of the corn belt although some improvement was shown in southern Illinois and Kentucky,” the depart ment said. Indiana Gets Rain

Rain, however, relieved a serious | drought over much of the corn belt, {including the greater part of In- | diana. | “Some fields of corn in southern

“WASHINGTON, Aug. 22 (U. P..]!

Despite the predicted decrease in|eing duction is expected still to set an ! Lin The agriculture department yes Luin

IPICKETS AT LA FACE COURT HEARING

THURSDAY, AUG. 2, 130 PORTE |way to company property. They yesterday

on warrants sworn out by Owen J. Higgens, as“LA PORTE, Ind, Aug. 22 (U. P.).|sistant manager of the plant. —Hearings on company-filed charges against 31 Allis-Chalmers’ pickets|to will be held today?in city court. The pickets are accused of tres~ '| passing and blocking the right-of-

were

warrants followed warnings of local of the C. 1 O, Farm Equipment Workers that picketing “must be stopped.”

United

The strike started March 14.

‘. Nominal quotations furnished by Ins dianapolis securities dealers: * STOCKS Bid Asked Agents Fin Corp com .. Tie « Se Agents Fin Corp pid .. 19% 0.8 American Loan 4'2 85.. 97 American States pfd ,. «2H 2% American States ¢)] A. , 33 ee L 8 Ayr % vid A100 112% Ayrshire Col co Ves 35 35%: Belt R Stk Yds com,. 8% © Belt R Stk Yds pfd.. 63 we Bobbs-Merrill 42 pfa 3 wes Bobbs-Merrill com . 14 Central Soys com ....... 5% 7% Circle Theater com ........«. 5 “eh Comwith Loan 4% pfd .. .. 104 Consolidated Industries com.. 1% 1% nsolidated Industries\pfd .. 4a 5 Corp pid ..... .... 97% Delta Electric com ...... i 19 Electronic Lab com . 4a 4% *Pt Wayne & Jackson RR pfd. 103. 107 Herfl-Jones cl A ptd ....... iis Hook Drug Co com .......... 2% ... [nd Asso Tel Co 2 pid . 62 Ind & Mich who pfd....100% 112 indpls P & COM, ...o0susud 30% 31% ndpls P & L 4% pid. 112 113% ] anapolis Water pfd .108 b Water cl A com 22% BY [ndpls Railways com « ith Y Jeff N Life com 15 1 Kingan & Co com ...... 6% 6% Kingan & Co pfd ...... 92% 96% coin Loen Co 6% pid 100 i Lincoln Nat Life ” 80 rmon Herrington com 13% Mastic Asphalt ..........oc00 9% Natl Homes cOM ........ee00. 9% N [na Pub Serv 8% .. 11 P R Mallory Som ravi 30% *Pub Serv of Ind com Ya *Pub Serv of Ind 3% % pfd.. 100% 102% Ross Gear & Tool com ........ 33 34 So Ind GO & EB 4.3% ptd ....11) 113 Stokely-Van Camp pfd ...... 21% 22 tokely-Van Camp com BU UW erre Haute Malleable . 10 10% U achine com v3 3h Onited Tel Co 5% 99 ares Union Title com ......ivovnee. 40 ers BONDS American Loan 4%s 60 ....... NM PTT Buhner Fertilizer 5s 54 ...... 98 cone \ Ch of Com Bldg 4's 61 . 96 PO Citizens Ind Tel 4'%s 61 .103 sens Columbia Club 1%s 68 ...... 84 as nsol Fin 68 66 .. .. 9 "ase Hoosier Crown 6s 66 ......... 99 as Indpls P&L 3%s 70 .105 . Indpls llways Co 5s 57 Me MY Ind Asso Tel nH o...... 104 ‘evs Investors Telephone 3s 61 .... 99 .ie ” Kuhner Packing Co 4s 54 100 vay N Ind Pub Serv 3%s 73 ..... 106% 106%: Pub Serv of Ind 3%s 15 ..... 107 108% Sub Te 4%s 35 al 100 . ac rm Corp 5s 57 ....... 9 101 H J Williams Ino 5s 58 ....... 98 ves *Ex. dividend. Michigan, southern Kansas, Oklahoma and western Texas were too far advanced, however, to respond to improved conditions and in some cases these fields are being salvaged as silage and fodder,” it was said. Prospective "yields as of Aug. 15, compared with Aug. 1, improved in Illinois and Kentucky; remained unchanged in Indiana, Iowa and Missouri; but declined in Ohio, Michigan, Wisconsin. Minnesota, South Dakota, Nebraska and Bal sas.

This L .] |

choose Patent

The dressy shoe for that new fall ensemble

$745

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Gleaming black patent is always just right for dress. . . . The open heel pump, as pictured, is just one of the many new shoes arriving daily. Sizes are to 10s. Widths 3-A fo B.

STOUTS SHOE STORES

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SUR 4S

ing high school | ~ basket picnic at ! and Mrs, Elwood Springs rd. and 38 Guest speaker will be Walter graduate, of Bever Guedel will relate planning the rac 4 “People Are Funn! 8 eral Electric Hour Horseshoes, bad outdoor activities afternoon and ev ‘# ment. | The ..class Knox, now in sen greet her friends. The arrangemen sists of -Mr, Rog Siebert, and Mrs. Brown,

spol

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