Indianapolis Times, Indianapolis, Marion County, 1 October 1946 — Page 10

EE Cas ad

J By JIM WASHINGTON,

Ee SR atts oo

is rapidly being dissolved.

| SENATE PROBES | HOUSING CRISIS

Willing to Close Books on Oil Project Quiz.

WASHINGTON, Oct. I'—The senate war investigating committee set out today to diagnose one of the nation’s biggest headache: The

housing shortage. The committee wants to know why there is a housing crisis today when congress, only a few months ago, passed legislation that was supposed to spur all-out construction of low-priced: new homes. The senators figure that if they can find out why the housing program has bogged down, they may also be able to find a cure. Senator Homer Ferguson (R. Mich.) who prodded the committee persistently until a housing ins quiry "was ordered, told reporters there appeared to be remedies for some specific ills. Senator Ferguson said he favors ending government regulations which “in any way” restrict production of scarce building materials. If necessary, he said, price ceil- " “ings should be lifted from some} critical items ‘and, in other’ in- . stances, priorities taken off ma- © terials whose pfoduction is slowing the output of other materials more vital to housing. Oil Project Buried The committee turned to the lem after a hearing into the $133,000,000 Canol oil development in Canada. Senator Ferguson said he for one was willing for the committee to close its . books on the oil project. i Recalling that President Truman recently called the project a “dead horse,” Mr. Ferguson said that yes-

wars” which hamper ard harass movement o former official of the office of defense transportation charged today. Joseph E. Keller, wartime adviser to the “truce” signed by state governors in Washington June 2, 1942,

Virginia, Mr. Keller sald, is eff

a“

TATE LAWS SLOW TRUCK MOVEMENT

¥ - ‘Border Wars’ Resumed Over Weight Regulations; Charges Railroads Are Inciting Interstate Trouble.

G. LUCAS

Scripps-Howard Staff Writer Oct. 1.—~The states are resuming their “border tf freight by motor truck, a

ectively barring shipments from the |New York milkshed to Washington, |D. ©. and points south. Virginia the size of milk trucks differ from

|laws regulating 1 those of neigh-

said. Enforcement officers ' portable weighing stations, and a single milk truck . may be stopped _* as many as three times while passing through the state. New Hampshire and Maine, he said, are busy enforcing maximum weight regulations at odds with those of other New England states against gasoline trucks. “In a commercial sense, it's not much different from what happens to Americans who wander into Yugoslavia,” he commented.

Mr. Keller said it is impossible for trucks to cross from coast to coast, although railroads, commercial airlines and private automobiles can make the trip unmolested. Southern and western states are the worst offenders, he said. They depend on gasoline taxes and port of entry collections for a major part of their revenue.

Pennsylvania Revises Schedules

“The railroads have been most active in encouraging states to resume border warfare against interstate trucking,” said Mr. Keller. “They were never happy about the wartime truce, and since V-J day they have encouraged the states to go back to the old way of doing business. Many of the‘ discriminatory state laws now on the statute books were written by legislative agents which the railroads keep in all state capitals.” Mr. Keller said some good has resulted from the 1942 truce. Pennsylvania, he said, has revsied its weight regulations for the first time in 20 years. But “forbidden zones” remain, seriously hampering the industry. In an address to the napional

Mr. Lucas

terday's questioning of Fleet Adm. Ernest J. King gave it appropriate burial. : |

Mr. Ferguson said he was satis fied that the record shows the com- | mittee was justified in its criticism | of the Canadian oil development as | a waste of money, material and] manpower. Nor,

| ahead and spend the last $30,000,000 | mittee criticism. :

| 1537 REMODELING JOBS GET PRIORITY

A total of 1537 dwelling units in Indianapolis have received priority

federal housing “Remodel for Veterans” program.

vi the overall

ously needed,” Mr. Peters said.

. funds up to $5000.

he said, did Adm. King justify the decision of the joint | chiefs of staff Oct. 26, 1943, to go |

(on the project in the face of com-|

approval for remodeling under the! administration's

The nation-wide program, according to R. Earl Peters, federal hous- | ing administration director here, is | new air filter firm, has been ap- | providing & considerable volume ‘of pointed representative for the Amerapartments and suites for rent to | eterans.

housing program becéduse it provides | rental housing which is most seri- in the firm, is a native of Jefferson-|

highway users conference; William I. Chenery, publisher of Colliers magazine, warned that discrimination against interstate trucking “is part of a very large effort to separate the states into 48 different economies.” .

Form New Firm

Ke »

{ 2 A. C. Pfau: ~

W. Vogel

G. Pfau-Vogel Co, 31 E. Georgia st

ican Air Filter Co. Inc., of Louis

|ville, Ind. A graduate of Purdu

Property owners can arrange for, university, he served as vre protec-| FHA-insured property improvement tion engineer for loans to finance remodeling jobs| actuarial bureau for four years beand qualified lenders will advance | fore joining the engineering department of the American Air Filter Co.

the Kentuck

TRUCK WHEAT

12 years ago.

G. W, Vogel, the other partner, | is a graduate of the University of|

v1 merits) ; r oats, testing 34 bushel.

Indianapolis flour mills and grain eleions are paying $1.97 per bushel for!

Corp.

38 Years of Square 38 Years = RITE'S == ca

(WRIGHT'S)

Good Values on Easy Terms!

Matched BRIDAL SET

BOTH RINGS for 3 » ~A real Rite value: brilliant

diamond solitaire and wedding ring te match,

125 WEEKLY

® Elgin.

Nationally Advertised WATCHES ® Hamilton ® Bulova ® Waltham © Rensie

2475

§ ®Helbros

43 SOUTH ILLINOIS STREET

ODT on state barriers, said

boring states, he

drive

: ville, Ky. following the death of - “The Remodel for Veterans pro- Otto C. Ross, Indianapolis busi- " . gram is particularly desirable in| ness man who had represented the veterans emergency company here for 20 years. | A. C. Pfau, one of the partners|

Kentucky, He has been with the| filter company since 1934, previous|

og) ye Xn then to which he served as a construcNo. 2 white shelled, $1.80, | tion engineer for General Electric |American States pfd pounds or better, T4c

man's Cabinet Entry Acclaimec

HOPE TO HEAL BREACH MADE BY WALLACE

Improvement in Congress’ Attitude Seen One Immediate Result.

By NED BROOKS Scripps-Howard Staff Writer WASHINGTON, Oct. 1.—W. Averell Harriman's entry into the cabinet this week will signal an administration attempt to cultivate a more cordial relationship with American business. This kinship suffered during the 17 ‘months Henry A. Wallace presided over the commerce department, largely because of his devotion to left-wing causes. Businessmen generally regarded Mr. Wallace as miscast for an.office in which mutual confidence was the first requisite. President Truman's selection of Mr. Harriman, 54-year-old millionaire businessman, as the new. secretary has been widely acclaimed by business leaders. Congress Blocks Move

An improvement in congress’ attitude toward the commerce department is expected to be one immediate result. Under Mr. Wallace, the department's appropriations were whacked and congress blocked every move which appeared to widen his authority. The department, with about 35,000 employees, is operating this year on some. $25 million less than was recommended by the budget bureau. The secretary's office, bureau of foreign and domestic commerce, census bureau, civil aeronautics authority and weather bureau were trimmed in actions prompted by apprehension over Mr. Wallace. " The proposed reorganization of the bureau of foreign and domestic commerce is expected to have easier going with Mr, Wallace out. The plan would dissolve the bureau into five divisions for domestic commerce, international trade, small business, field operations and business economics, with new assistant secretaries added for the first three branches. The bureau already is operating with those divisions but the house just before adjournment refused to formalize ‘the plan by creating the new assistant secretaryships. : Reward by Roosevelt The curtailment of commerce department activities dated from Mr. Wallace's appointment as the successor to Jesse H. Jones, a change dictated by Mr. Roosevelt's determination to reward the former vice president for his aid in the fourthterm campaign of 1944. As this year’s congressional campaigns.swung into action. Mr, Wallace was making twice as many appearances before left-wing groups as he was before business organizations. Mr. Truman always was cognizant of business’ lack of confidence in his commerce secretary but he could

{do little about it until the foreign i

| policy speech incident occurred because he had inherited Mr, Wallace from the Roosevelt administration

and the secretary represented his| Goo

only remaining tie with the leftist element which had helped keep the Democrats in power.

_. THE INDIANAPOLISTIMES ____.. =

By Business

‘

minions TUESDAY, OCT: 1; 1946

Leaders

Go to Russian Bloc

‘ yr I my) [EEE Over

More Than Half of UNRRA Funds

// 1}

Tb nn POLAND Be 7 EE ont, ee "® “Sritain; also food and clothing mii v 7 000 0,000,000 § 4 “my; 4 mh more than me i rol "combines, cultivators, etc. 7 BC

EXELIENE-$117,000,000 worth, for agriculturol and industrial rehabilitation

$3,333,000 worth, representing 6597 tons of supplies

29,000,000 worth, includi ,000 in farm mochinery; $31,000, in transport and communi-

cation equipment; $1,583,000 in mining and qudrry machinery

8,000,000 in relief sup_plies, total 118,395 tons

trols in whole or in part, get some $1,572,000,000—more than: half—of UNRRA’s total program of $2,945,000,000. Map above shows how some of this huge wealth of goods is gistributed fo Stalin-bossed countries. Together, Communist-ruled Yugoslavi- and Poland draw nearly a third of UNRRA's total funds. Of this total, the United States contributes twice as much as the rest of the world combined.

Although Russia’s contribution to UNRRA is negligible, the U. 8S. S. R. and the countries she con-

YARDS RECEIVE |"SCaNe" is” PLANNED

altitude with the aid- of rockets.

derstood to be pending. ing on ‘a supersonic- rocket plane

a four-minute flight ‘to 200,007 feet

An offer of $50,000 for a test pilot to make the first flight was un-

| PLANE IS PLANNED 1175 HOGS HERE

INCORPORATIONS

capable of 1500 miles an hour, it

was learned yesterday. Although most of the development of the XS-3 for the navy is

EL SEGUNDO, Cal, Oct. 1 (U, P.).—Douglas Aircraft Co. is workCalf, Cattle and Sheep, Receipts Low.

H & Gimber.

A. Waterproofing System,

Hughes, 1636 Gimber. M. & M. Trailer Repair, 3003-3005

comparison with Oct. 1, 1945, when 4 By 823 E. 21st. §

the supersonic plane will attempt 7500 were shipped in. ———— iL

1636 Waterproofing and cement work. Eugene Arbuckle, 1127 N. Gale; Chas. A.

The first day. of thé month |secret, the program is known t0|ydison ave. House Trailer repair, Orville showed a record run of 1175 hogs involve a preliminary 750-mile-an- Munn, 003 3 Madison ave.; Harry Munn, at Indianapolis stockyards today. hour transonic plane designed to|™\ i side Gas.Appliance Sales Co. It was still small, however, in |surpass the speed of sound. Then 5908 College ave tail gas appliance sales,

Jackson, 59822 College ave.; t.

Industrial Lead Notre Dame

ers to Study Research Plans

Times State Service NOTRE DAME, Ind. Oct. 1.—Plans for expanding {ésearch at the

University of Notre Dame will be

leading industrialists and scientists at the second meeting here Oct. 4 and 5 of the Notre Dame advisory council for science ahd engi neering, it is announced by the Rev. John J, Cavanaugh, president of

Notre Dame,

Fourteen prominent industrialists and industrial scientists are mem-

bers of the council, which was cre- Q. Edg Bobek. president, 3 Peter. Rely. pres ot, Reilly Chemical + |

ated last year at Notre Dame to assure understanding and co-op-eration between the university and industry in achieving maximum realization of Notre Dame's contribution to the future industrial development of the United States.

Harold 8. Vance of South Bend, Ind, chairman of the advisory council, will preside at the first business meeting of the council on Oct. 4. At this time Father Cavanaugh will review plans for 1046-47, and discuss realization of plans. to date, new possibilities and the financial obligations involved. The Rev. Philip Moore, dean of the Notre Dame graduate school and secretary of the advisory council, will present basic study describing what Notre . Dame is doing and plans to do in fundamental and scientific research. The second business meeting on Oct. 5 will be devoted in part to a discussion on the procedure for inviting new memnibers to join the council, and unfinished business.

+ Members of the council will. be

guests of the university at the Notre Dame - Pittsburgh football game that afternoon. Besides Mr. Vance, who is chairman of the board at the Studebaker

Corp., other councit ‘members are: Britton I. Budd, president, Public Serv. ice Co. of Northern Illinois, Chicago, Ill; William Calcott, assistant director, oranic chemical division, E, I. duPont de mours Co., Inc.,, Wilmington, Del.; M. E. Coyle, executive vice president, General Motors Corporation, Detroit, Mich.; Dewey, president, Dewey and ., Cambridge, Mass.; , president, Great Lakes 0., Chicago, Ill, and

William H, Harrison, vice president, Amer-

jean Telephone and Telegraph Co., New | 25¢

York City.

discussed by, some of the rere off)

en Corporation, polis, Ind.; Arthur J, Schmitt, president, American enolie Corporationy Cicero, Ill; Earle OG. Smith, chief metallurgist, Republic Steel I'he tion, Cleveland, O.; Lel nford, vice president, Sinclair Oil Co., New York Cit, Albert F, Zahm, t the elm chair of aviation, Washe ington, D, C.

J. J. MACGOWAN IR. HEADS SOUP FIRM

. PHILADELPHIA, Oct. 1 (U, P), —James J, McGowan Jr, yesterday assumed the presidency of the

Campbell Soup Co., succeeding the late Arthur C, Dorrance. Mr. McGowan, joined the firm in 1908 following graduation from Massachusetts Institute of Teche nology.

‘BANKS TO BE CLOSED ON COLUMBUS DAY

Banks in Indiana will be closed

Buesching, Indiana Bankers assoe

ciation president, has announced, The announcement followed

declaring Oct. 12 a legal holiday...

LOCAL PRODUCE

PRICES FOR PLANT DELIVERY

Poultry: Hens, 4% lbs. and over, a under, 9c; Leghorn hens, 28¢c; 1 springs, friers, broilers and roosters, 40c; Leghbrn springs, 36¢c; roosters, 16c; ducks, 10c; geese, 10c; No. 3 poultry, 4c less than No. 1. Eggs: Current receipts, 54 Ibs. to 42c; grade A large, 58c; medium, 47¢c; small, 32c; grade B large, #4c; no grade,

Butterfat; No. 1, 77c; No. 2, 14.

Calf receipts were low with 400, [ {a= cattle receipts dropped from 1375 yesterday to 750 today, and a slight drop was_noted in sheep with 1850. Cattle prices were steady, vealers lost 50 cents and fat lambs were > weak to 50 cents lower.

PEOPLES O UTVFI

GOOD TO CHOICE HOGS (1175)

um— 460- 220 pounds

Good to Cholce— 270- 300 pounds

300- 330 330+ 360 pounds 360- 400 pounds

Sssassers vee 18.38 seteress 3025

essesneenses 1638 eesnsenennas 16.28

Abas anaess + 15.00Q016.00 » Good— 20 pounds CATTLE

. 1638

a .

ds 30 k( pounds ...... eeees. [email protected] 1100 pounds . .. [email protected] 1100-1300 pounds . «+ [email protected]¢ 1300-1. pounds ...... seesee 17.00018.50 [email protected] | . [email protected] | [email protected] 800 pounds’ ............ [email protected] 800-1000 pounds ....... esses [email protected] 800-1000 pounds ......eees.. [email protected] 800-000 POUNAS «ecvvenssees 16.50018.50 Mediom— 500- 900 pounds seseseres [email protected] Common-— 500- 900 pounds ............ [email protected]

BOOKS

New books received recently by| | the business branch of the Indian- "| apolis public library are: A REALISTIC APPROACH TO PRIVATE INVESTMENT IN URBAN RE-DEVELOPMENT, compiled by Manhattan Development Co. CONCEPT OF THE CORPORATION, by Peter F. Drucker. NEGRO LABOR: A NATIONAL { PROBLEM, by Robert C. Weaver.

" POINTERS IN RADIO WRITING, by Josephina Niggli. COST AND PRODUCTION TABLES FOR OFFSET LITHOGRAPHERS, by Fred W. Hoch.

LOCAL ISSUES

y |

Good [email protected] Medium isn [email protected] Cutter and common 8.75 HB Canner 509 8. Bulls (all weights) | Beef— | Good (all weights) ........ [email protected]% Sausage Good ... ... [email protected] Medium vol . [email protected] Cutter and common. . [email protected] CALVES (100) Good -and choice ........... . [email protected] Common and medium ........ [email protected] Cull vrei ror ees [email protected]

Feeder and Stocker Cattle and Calves Steers :

Nominal quotations furnished by In- | dianapolis securities dealers:

STOCKS

Agents Fin. Corp com

Bid Asked Bases T's ‘e | Agents Fin Corp pid

. 19 .

Deal at Rite's”

i 24 25 bui | meri, Sen Set Id GO OUT OF BUSINESS MODERN IN METAL .. . A sturdy well-built bed yrshire Col com’. ~".... aus 2 31 anna) } Belt R Stk Yds com ...,.... 38 39 TOKYO, Oct. 1 (U. P.). apan’s 1 wi w waterfall Beit B Buk as pid 60 three biggest Ziabatsu firms—Mit- styled in the modern mode with lo der Sl Pian: 1 Laut, Mitsubishi and Yasuda—went head and foot boards. Finished in two-tones to sata ora om ata 28 officially out of existence today in : A Comwith Loan 4‘. pid 102 105 {obedience to an allied headquarters look like costly matched-grain walnut. onsolidated Industries com 1 1% di iv Consolidated Industries pid oh aval pect ve. dissolved ons Fin Corp p Va { e companies were SS01v Pon Teh Som He 1942 | ormally at a final general -stock- COLONIAL IN RICH O0DS vi ui lovely "t Wayne & Jackson RR pid 95 100 | holders’ meeting . . Herfl- s cl A id 14 i ' - Hook, Drug Co com a FH : mn Today's action put an end to Colonial styled bed with graceful y turned n 850 1'el Co 2 pt i % ' Ind & Mich Eleo 4'ate pfd.. 1071s 1105 |historic Japanese manufacturing spindles charming enough for your guest Shap Pk, om co 37 3 [firms and holding companies. Mit- ; ih indianapolis Water ‘pia Ill i66 ' |sul had been in existence 300 years, * room. Choice of glowing walnut or maple finish: . r p © 3 : @ u tnapla Railway's com oe 1s : 1s : | A for 75 years and Yasuda | jel Nat Life com i] 7 or years. | Kingan & Co com ... .,,.is 41; 1 Lingan & Co pfd vena x 83 85 | NR TTT We Lincoln L Jo 5% pfd . | Cincain Nat. Life 5la Prd . ON nw LOCAL MAN HEADS | varmon Herrington: com ., 8'a 0% A a &i *'| ACCOUNTANT GROUP N Ind Pub Serv 5% “vioven. 105 109 : i * ALSO AVAILABLE at PEOPLES NEW BROAD RIPPLE BRANCH N Ind Fub Serv com .. 16 17! ATLANTIC CITY, N. J, Oct. 1 REET P R Mallory ¢ : 20%; 2] . . ’ . ER Mallory com. 2313 2 (U. P.).—Horace G. Barden, 35. Me v. 806 E, 63D ST Pub Berv of Ind com 34, 47':|ridlan Lane, Indianapolis, was Tr ehh gy mpi ree toe Mell o In ‘ ‘ Ya »{ council o e American Institute | Stokely-Van C play 1 Stokely-van Camp Po orus 3 fo of Accountant's state society presi- — Ex Call i 1556 0°8 Machine re ernie i ah 8% |dents at the natie's 50th annual ' n © 20 3% .iieniinnns w UNER ri £78 nies un om Keller Miami, Fla., was For Pr a pt Servi *Ex-dividend. . » ’ “ : P | h n rv ce BOND associa~ ersona opping “1 American Loan 42s = “esau 9 A. elected president of the 1a . P . | American fa 85 ..0... 98 +++. tiON, v Buhner Fertilizer 5s 54 ...... 98 “ane ts ; Ch of Com 4los 61 ..... 96 ye . ~ Gltimens Ind Tel Aas 61 es wu POSTOFFICE ON WHEELS F St § Wide Deliv ” Hamilton Mtg Co o's fread 28 3: WASHINGTON — Highway post- ree a ° : : Ry 3 Hoosier Crown 50 .viis 98 '*.'loffices have been added to the U. 8. » : = ; An ndpls BL ths 10: he 5 “++ | postal system; they are motor ve- * CLOSED MONDAYS o » SN ON nd tars Co Se $.... 8 93 [hicles, within which mail is sorted any : . : . avestors Telephone 3s $1... 96 s |en route, with pick-up and delivery Shop Longer Hours: 9 to 5:25 < : Ws E to P the P los Wat uhner Pa a. 54... ; ta: Ct . ; ying pub bert FRAY ou jis, (iis sucks at. local sighionary pustofiiess Tuesday Thru Saturday : t's Easy to Pay the Peoples Way Iv 0 Y ba ——t——————————————————ti < . 4 2 « os .100 INDIANAPOLIS CLEARING HOUSE | ¥ . Sub DTD 08 BY ooeesnns D5 = 100 VEIOATIMGE tererecsininre reer 0000.00 BN i Williamson. Ino 58 85.......c. 98 | oui DENS" yuiiinsniiesinsrrsnressss 17,208,000 : PLT 5 Wap » 5d vr 1

| Cholce— a | 500- 800 pounds ............ 16.509 117.50 800-1050 pounds ......eev0e. [email protected] Good— 500+ 800 pounds .....oeei00e indie 800-1050 pOUNAdS ....ecsvenen [email protected] Medium — 500-1000 pounds ......ceeevee [email protected] Commoh-— 500- 900 pounds . ; . [email protected] SHEEP (1850) Ewes «shorn) Good and choice . ....,.. 750@ 9.00 Common and medium . 6.00@ 7.50 LAMBS Choice and closely sorted .... 19.00 { Good and choice ............ [email protected] {Medium and goo: ... 13.15@ 16.75 { Common “ses . [email protected]

3 BIG JAP TRUSTS

TTI NG

TAKE YOUR CHOICE OF THESE . : . Handsome Odd Beds v Metal or Wood

J Modern or Colonial J Twin or Full Size

Walter G. Hildorf, director of metals lurgy, Timken Roller Boating Co., Ganton y } ar - Kobak ent, Mutu

Oct. 12, Columbus day, Charles H,

a v proclamation by Governor Gates

\ Ny

COMPANY

» PE! NEW TH !