Indianapolis Times, Indianapolis, Marion County, 12 December 1946 — Page 36

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Billions Employers Make Full Contribution

By PAUL R. LEACH Times Special Writer WASHINGTON, Dec. 12.—Labor welfare funds eventually running into billions of dollars will be amassed for - worker protection--in addition to federal and state social security—if programs now forming materialize fully. The United Mine Workers (A. F. of L.) health and welfare program, financed by a tonnage royalty, is expected to amount to about $25 million at the end of this year, Some $60 million is estimated as the 1947 total. The United Automobile Workers (C. 1. 0.) intend 16 ask in their next wage negotiations for a similar program which would collect about $48 million a year. Employers Contribute in Full If the United Steelworkers (C. I 0.) follow suit, their insurance plan will take in about $40 million an~ nually. In each instance, employers make the full contribution. Coal operators pay five cents a ton royalty into the U. M. W, kitty. The auto

THE INDIANAPOLIS TIMES

orkers Seok orc Labor Welfare Funds

THURSDAY, DEC. 12, 1946

DANCE OF THE FLAMES—Like weird dancing figures engulfed in flames, a

war-born airport fog dispersal device is pictured being tried out on runways of Landing Aids Experimental Station, Arcata, Cal.

workers want to assess employers on the basis of three per cent of the gross earnings of workers. John | L. Lewis is understood to want his royalty increased to 10 cents a ton, his original demand upon the op- |

today. Top price was $24.10.

The system, called "FIDO," was

developed at British airfields during the war and may be an answer to commercial _aviation's pressing weather problem.

Hog Trade Steady, Slow; Some Cows Up 50 Cents

Hogs moved slowly, steady to weak.at the Indianapolis stockyards

Steers and heifers sold cully steady to strong while cows were strong

to 50 cents higher. strong.

"=~ GOOD TO CHOICE HOGS (8675)

erators last year. : Butchers At five cents a ton it is estimated | 130+ J40 DUURMS + pseveses that the miners’ welfare fund will 160- 180 pounds .... ‘ 3. de n ne : | 180- 200 pounds .. +L 340063410 amount to $150 million net in five| 330. 100 Bonds 3006s 1d 3 220- 240 years and. in 10 years it will run up| 320- 310 Jounds 3400034. to about $450 million. { 270- 360 pounds 3. 50@23. 44 About half of the annual $60 mil-| 3%. 56 Toind, “111/111! Be lion contribution is expected to be’ Medan 220 pounds ; [email protected] | paid out in health, retirement, dis-| Packing Sows ability and hospital benefits’ dur-| good to Cholce— ing the fifst five years. After that) Fo 3% Jounds Ieiaa dense 3 oan | it is estimated that income from | 90 330- 360 POUNAS «..ennrrirs.s 20.1361. % the continually ‘mounting principal | J80; 400 Pounds .........e.. will take care of benefit payments. | 400- 480 pounds ....oevi.o.. 30 SHIR Opposed Benefit Funds iim am If Mr. Lewis should win his| 250- 350 pound 8 duier Pigs 18,9 10-cent tonnage royalty demand, | | Medium % Gocd-~ /

his fund could amount to about $1 billion in 10 years. The last congress was opposed to | benefit funds so collected being ad- | %

ministered by the unions only, such | Jog -1500 pednds |

as Mr, Lewis wanted. Bills were introduced to assure joint union- | #00 management control, The new cop* «1 gress is expected to be eyen~Hiore insistent upon dual control. The automobile workers benefit] program as adopted by the union| executive committee would their 3 per cept fund used to meet | ility and death bene- | workers would draw as per cent of their avergs for 52 weeks. tomobile industry paid out $1.61 94,000 in wages last year. | At 3 per cent this would mean an employer contribution in excess of $48 million a year. | The steel makers paid $1,351,461,000 | in wages in 1945. A 3 per cent fund | contribution would have aggregated | a little over $40,500,000. Calls for Assessment The Amalgamated Clothing Workers, pioneers in the welfare fund program, expect to pay out $1,500,000 to 2200 beneficiaries next year inf annuities to retired workers over 70, Is The union hopes to lower the pen-| sion age to 65 in 1948. This retirement fund is financed by a 3 per ceht payroll assessment | upon employers. In addition the | clothifig workers have a much older! system whereby health, accident, hospitalization and maternity bene- | fits are paid. This fund calls for an additional | 2 per cent assessment upon the | bosses. The clothing worker funds | are administered: jointly by union | and industry representatives.

fits. Needy,

® PAIN IN ® CHANGES

S Some

Maun ADDRESS

have | 800-

i ture

TAMIN B COMPLEX

Symptoms of Vitamia B Complex Deficiency

wp 202 N. DELAWARE SI. :

- 120 pounds . CATTLE (1445) | choco 700- 900 pound), . 233.00@30. oc! 900-1100 pou 23. Jax 0% 1100-1300 pouxds 24.

24 00433. ®

tessrnaarans 18.50@23 0 . 18.50@ 23.00 [email protected] |

J90- 900 pounds -1100 pounds . 1100 1300 pounds . 1300- 1560 pounds . Mediu.

700- 1100 pounds .....ieunee }100-1300 pounds ......sees1 Common

n { 700-1100 pounds . 11.50@ 14. Se

Bulls (all weights)

| Beef—

Good (all weights) 16.00@ 16 50 | Saysage--14.506: 16.00 Medi um 12.504 14.50 Cutter and common 9.50@12 50 | CALVES (450) Good and choice 28.500 81.001 {Common and medium 14.0040 28.50 |

Culls (75 pounds up) Feeder and Stocker Cattle

Steers

Chote 00 pounds

300 +1050 POUNAS (.ireenniene [email protected] hurt 1000 800 POUNAS sassae As ~14:0002186.50 | 800-1050 pounds 14.00@186 50} Medium. - 500- pounds 17. 50@14. 00) Kimi 500- 900 pounds . 10 00912 50 |

SHEEP (1125) Lambs

{

| Good and choice 20.50923.50 Medium and good 16.504320.50 Common . 13.0016 00 | . Ewes (Shorn) Good and choice 6.00@ 7.50 | { Common and medium......... 8. 0a 6.00

TRUCK WHEAT

“Indianapolls flour mills and grain ele-

| [Hint Harriman

33 8a 1s To Get Bank Post NEW YORK, Dec. 12 (U. P).~

Vealers lost mostly 50 cents and fat lambs sold

The American Banker reported today that W. Averell Harriman, sec-

{ retary of commerce, will be named

president of the International Bank for Reconstruction . and Develop- |

{ ment,

He would sticoeed Eugene Meyer | who has resigned.

Mr. Harriman,

former ambassa-

dor* to Great Britain and Soviet { Russia, formerly headed an investment banking firm. He recently resigned as chairman of Union Pa-

15.006 22.50 cifle railroad.

Army Sets Deadline

vators are paying $2.16 per bushel for No. VALOIS are gayi 1g $2.18 pet bushel for No. | aL, New +-yellow $116 per bushel, and No. 2 Ne £1.34 per busnel: osts testing 34 pounds or better, 80¢ per bushel No. 2 Few soybeans, 14 per cent mois $2.9

ORTIFIED

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eT RT vE Rene ree"...

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. Reserve army . [email protected]| t5 apply for a regular army com14 3010 50 mission today were advised that [email protected] | they must do so before Dec. 31.

‘For Commissions

officers who

wish

Maj. Gen. James E. Chaney, president of the secretary of war's per-

. [email protected] sonnel board, said appointments will 0 | be made in four increments in 1947 [email protected]| from officers who apply for a [email protected] | Jar commission before the deadline. Here to inspect the new officers’

| screening center at Ft. Harrison, Chaney said there are open-

Heifers 800 pounds ........¢04. [email protected] 0-300 pounds ...ieienee Goo B00. “800 pounds .....caieess 18.00@23 800-1100 pounds ....vevvesss Medium 500- S00 pounds ....eeviaenn | common - | $500- 800 pounds . [email protected] | { Cows (all weights) Good ‘ 14 Bae 50| Gen. ag [email protected] | Cutter and common 9.506 12 25 ings for | Ganner 8.00@

additional officers in all che of the army.

‘Cycle Bumps Woman

A motorcycle policeman, | at Vermont st.

uising

and Massachusetts

ave., felt a bump on his vehicle last

8.50014.00 | | night. and Calves | 229 N. East st, | sidecar,

Mrs,

Nora Grubbs,

57, of

was sitting "in the | |de partment. where she had fallen when | Groves, [email protected] | struck by the cycle.

Civilian Group To Control Atom

Army Gives Up Authority Jan. 1

WASHINGTON, Dec. 12 (U. P) = 000 atomic energy plant will pass)

energy eénthiission on Jan. 1. The five-man commission announced it would take over the organization and properties of the army's Manhattan engineer district on that date, It will do so under authorization of congress ang. a Presidential order, With the transfer, the atomic era will enter a new phase. The tremendous industrial plant created by |scientists to build bombs of destruction will be turned to such peacetime pursuits as generation of electric: power and aids to medical! science, The commission said it will carry on where the army leaves off in the! distribution of radio-active isotopes | to medical laboratories for the study | of disease.

Expected to Push Plan

Eh . No Hurry Seen

To Effect New Mine Contract

Operators, Miners Content to Wait

By FRED W. PERKINS Scripps-Howard Staff Writer

March 31,

with or without a contract. Today's situa= tion indicated it would be well past the turn of * the year before the operators and the union spokesmen got together in serious negotiations. No contract is expected to be signed before April 1, and if a privately negotiated one becomes effective on that date it will restore the industry to its regular calendar of operations, ~ The 1 private contract expired Marcl¥81 of this year. The spring

Mr. Perkins

Control of the nation's $1400, 000,- |

It will go ahead with renewed

atomic power plant. A pilot plant for nuclear power is being pushed to completion at Oak Ridge, Tenn., and

The atomic control is expected to push still further spread knowledge of atomic science to all the universities and labora- | tories of the nation. This plan calls for setting up atomic research centers in each of | {the principal geographic areas of | the nation. In taking over the atomic plant, the commission will retain rhuch | of the personnel used by the war | Maj. ‘Gen. Leslie R. Manhattan project com-

She was un-|manding officer, has been asked to [tions ° ensue,

continue in an advisory capacity.

emphasis on the project to build an|

is expected to be completed by 1948. lereignty of the .g

| miners.

goal strike of nearly two months began the next day. The government took charge by seizing the imines and making a contract, the | Krug- -Lewis agreement, in late May.

from the army to the civilian atomic | From that developed the recent 17{day strike, with repercussions ex~}

pected to be felt for years in indus-! trial relations,

Mr. Lewis and the coal operators are generally supposed to be eyeing | each other from their respective corners,~each waiting for the other | to make the first feint. But maneuverings apparently have not even] reached that stage,

Operators in No Hurry The main spokesmen for the oper-

jators are not in Washington, and court. | Mr. Lewis has not appeared publicly | Jan, 14 — decision date uncertain.

since his important press conference | of Saturday.

Another reason for lack of haste on the part of the operators, ac|cording to talk in industry circles, is that they want to keep Mr. Lewis over. the barrel as long as possible. That is indicated by a statement of the directors of the National Coal Ass'n, meeting in New York just before the strike was called off. “Obviously,” they said, “the issue that has been raised as to the sovovernment must

commission | be settled. The industry does not {wish to do anything by word or act the plan started by the army to|

that would interfere with the prompt and orderly determination (of that issue.”

Lewis Waits Court Decision

There was a significant sentence, also, in the Lewis directive to the After announcing his willingness to negotiate a new agreement with either the government or “the associated coal operators,” {he stated: “If, as and when such negotiayour representatives wil act in full Protection of your

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WASHINGTON, Dec. 12.80 far, {there's no sign of anybody hurrying to produce a new contract before That is the expiration date of John L. Lewis’ personal order for the coal miners to ‘work,

| bility and us

U. S.-Owned Buildin

Indianapolis soon may acquire and office buildings at Weir Cook Commerce said today.

that Allison’s is just about finished with its work at the airport and would be willing to release the buildings to the city in the near future. If the property is turned over to the city, the personnel and activities will be transferred to another of Allison's plants here, it was said,

Property Under Lease

Allison officials said, however, that they have received no notification that the structures had been declared surplus. They have the property under a lease which extends into 1948. The aviation company's basic operations would not be impeded by giving up the property to the city, the officials said. Under usual legal procedure occupants of government-owned buildings are given the opportunity to purchase the buildings. The Indianapolis aviation cammission met this afternoon to study the government's action and to try|$ to find out more about the disposition of the buildings. Joseph * Wood, secretary of the commission, said: “The buildings would be a great asset to the city. We need them badly.”

Hangar’s Use Outlined He outlined two immediate uses for the structures: ONE: Hangar space is urgently needed for storage and repaif of | planes. TWO: Increased administrative | facilities, which would be made pos[sible by acquisition of the office | buildings, would aid materially in

interests, within the limitations of [the findings of the supreme court.” | Operators read this statement to {mean that Mr. Lewis would not be ready to talk turkey until the supreme court had disposed of the Lewis contempt case from a ~lower It has set arguments for

In addition other legal issues may be coming up. The government could press for what it asked originally—a declaratory judgment as to whether

in effect. Or it might proceed

The operators have-other reasons for waiting. The national labor relations board could remove the bitter issue over unionization of mine foremen by reversing itself and helding (as it has done previously with a different membership) that foremen cannot belong to a division! of a rank-and-file union. The su-| preme court has agreed to review the Packard case, in which the

legal bargaining rights, under the Wagner act, In any labor union.

the Krug-Lewis agreement is still|®d

against Mr. Lewis and some of his y {aids under the Smith-Connally act.|Pub

question is whether foremen have|

City May Acquire Surplus Hangar at Weir Cook Field

Allison's Reported Willing to Release

gs in Near Future

. Allison's government-owned hangar municipal ‘airport, the Chamber of

The buildings have been declared surplus by the war assets administration in Washington and a copy of the brochure is in the hands of the industrial department of the chamber,

It was reliably reported

efficient operation of the airport. . The buildings were constructed of steel and brick in 1944 on city property at a cost of approximately $700,000 Presently they are in the way of a proposed dual runway the airport hopes to build as one of its postwar improvements. However, board members ‘said the buildings could be moved to the north side of the field where it is planned to have all airport operations eventually.

LOCAL ISSUES

Nominal quotations Jurnished - anapolis securities dealers by a

STOCKS

Agents Pin Corp com... Agents Pin Corp pfd.. American States pfd... American States cl A. L 8 Ayres 4% A pfd Ayrshire Col co Belt R Stk Yds com. Delt RES Yds pfd. Bobbs-Merril] ik 1d; Bobbs-Merrill com » Central Soya com

Bid Asked v1 Ta

*Circle Theater com ........ Comwlith Loan 4% pid. ‘as Consolidated Industries com. . 1Y,

. Ye Consolidated fndustries fd... Cons Pin Corp pid. v oe 97 = *Delta Electric com . . 14 16 Hlectronie Lab som 2% 3Y ac son RR {i Hert! Jones cl A. bd oe HR Mu Ro Se Cea pid a ey Ind & Mich 108 11014

co “Indpls P & I 4% td

Indianapolis Water pfd . 110%; Indpls Water cl A com 191 . 21% Indpis Railways com .. | ,,.. Jeff Nat Life com... 15% 7 Kingan & Co com y 5% Kingan & Co pfd ee 18 82 ‘Lincoln Nat fife 51, ‘pd. wa MY TY Marmon-Herrington com o 1% 83 Lincoln Loan’ Co 5% pid..... 101 . Br iratvienns 8 8%

*Ex-dividend.

Indiana Industrialists

Hear Weisenburger

Walter B. Weisenburger, executive vice president National Association of Manufacturers, will address 'the Indiana Manufacturers association at noon tomorrow in the Columbia club. | Arthur L. Miller, congressman from Nebraska, will also speak.

Conserve Oil, U.S. Is Urged

6-Point National” Policy Is Outlined

WASHINGTON, Dec. 12 (U, P.).—~ The nation must conserve the oil it has and push its search for new deposits both at home and abroad, Ralph K. Davies, former petroleum administrator for war, said today. Mr. Davies outlined a six-point “national ofl policy” in a report to the house foreign and interstate commerce committee. The group recently completed hearings on oil resources prepara= tory to drafting legislation for the incoming congress.

Policy Necessary

Now acting director of PAW's oil and gas division, Mr. Davies recoms mended development of domestio supplies; maintenance of a vigorous domestic industry; conservation of domestic resources; expansion of exploration; development of synthetic liquid fuels and access to fore

| eign oil supplies.

He said his policy is necessary to “assure an adequate supply for the

+ ‘leountry’s future security and prose la | perity.”

Mr. Davies opposed extending

{federal authority over oil producs {tion unless

the national welfare and security and the rights of states are threatened. He urges, however, that the. government exe

“(plore the 900,000-square-mile conti2 |nental shelf for oil deposits and "*|that it maintain a strong position Fy in foreign fields.

Other Recommendations Mr. Davies also recommended: A profitable return to induce business to find and develop new

J oil reserves.

Early senate approval of the Anglo-American agreement pledging

N Tod BES % 1% the two countries to “a recognition P “progres La com . 2 251, |0f principles of fair play and aundr; com sraees 3 25 Pub Serv of Ind y co Tilda 4h, |co-operation in the orderly devel. Rows Serv of 10d 34% pid... sa 97 |opment of the international petro= S80 Ind G & E 4.3% pfd......110 1i3 |leum trade.” Stokely- Yan Samp PIR. ivivss 21 22 Stokely-Van Camp com .. 24 26 Terre Haute Malleable ....... 634 % U. 5 STATEMENT u Machine Om. ....euuiins 2Y 2% — Union, Tid OS a ay +N +++ | WASHINGTON, Dec. 12 (U. P.).—Gove 9 om LL OND'S re " +++ ernment expenses and receipts for the Amerion Jom 4 4s 8 ives. o a Sarre. myeal yeas ‘Brough Dec. 10, come n Loan 4'zs 58....... 9 “ees Buhner Pertiizer » 3 venes 97 . This Year Last Year Ch of Com Bldg 4'4s 61..... 96 . | Expenses $15,775,528.572 $34,502,765,549 Citizens Ind Tel 44s 61...... 103 ... | Receipts 15,247,202,833 16,495,488,710 Columbia Club 112s 5s ...... 86 ....|Deficit 528325739 18,007,272,338 Consol Pin 5s 63... ,......... 97 ve... | Cash Balance 6,373,743,155 25,701,540,134 Hamilton Mfg Co se056 A ed 97 v.+. | Public Debt 262,385,987,199 278,173,584 517 Hoosier Crown 6s 56.. ....... 97 ' ....|CGold Reserve 20,449,730,3690 20,045 008,099 Indpis PAL im 5 5 108% 107° napis Vai vis . INDIAN 3 v Indpls Railways co is 67 E 90 los ia APOLIS CLEARING HOUSE 0 5 EINES .yesensesrvnrenvasrer 21, Investors Telephone 3s 61. 99 Debit: ...cooconcarvsiviciicncen 24,060 000 Kuhner Packing Co 4s 54 Ind Pub Serv 3%s 73 ...... 107° pr Yq Pub Serv of Ind 3'%s 75..... 105% 107% A PD a) v5 St » xs /illlamson Inc 58 55 ........ wr Hi 2 Trac Term Corp 5s 57........ 94% 98 |’ calen Jo

"’BUSINESS HIGHLIGHTS’

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similarly will be possible.

Mobile Telephone Service

Now a reality in Indianapolis

% Bell System Mobile Telephone Service has been ins troduced commercially in Indianapolis. Telephones in motor vehicles, connected to the city’s general tele: phone system by radio, will now enable occupants to talk with any one of the millions of telephones in the

Bell System Network. Conversations between vehicles

For many years, radio telephony has been used extensively as the connecting link across oceans and between land telephones and ships at sea. During the war, mobile telephone communication played a vital role of coordina: tion between moving units of our armed forces.

Now this same medium of communication, its develops

ment greatly advanced by wartime necessity, turns toward

a future of service to business and industry.

Mobile Telephone Service represents further progress

in the Bell System's continuous effort to extend the flexi:

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By ’ Director, Divisl These ‘fou ther develo] visions of { through wh educational training. Q—Howd propose ' to realization