Indianapolis Times, Indianapolis, Marion County, 13 May 1947 — Page 20

| By NED

‘BROOKS

By Scripps-Howard Newspapers , May 13.—Assembly-line methods, viewed by some ‘answer to moderately priced homes, hold little promise for | housing shortage. n is supported by government home-building forecasts of prefabricated and other types of factory-built

production s at around 100,000 for 1947.

A production ‘drop of 500,000 to

homes, as some authorities

y-bullt homes, mers point out that the pre- : cat industry is afflicted by same ailmenta as those plaguing \ onal builders—high producns material scarcities, buyer

Expediter Frank R. Creedescribes the factory-built pro‘a8 “the only major failure” of the plan launched by the governent 1ast year to get 2,700,000 homes ~ § Jor veterans under way by the end 4 of 142. gi 2 $1,500 Out of 250,000 Expediter Wilson W.

homes in 1946. Actual 2 : was about 37200. He gi p. proposed! stepping up the output to 600,000 this year. i Mr. Creedon’s cut back to 100,000 ads “for planning purposes.” He says 1 industry is capable of producing 0,000 2 130,000 under favorable

more problems have ap-;d ian a new industry | than had been expected,” says Mr. Creedon. Other officials note that |

¢ » burst of publicity but little capital } have vanished. i 91,000 Homes ‘Guaranteed’ a a yesr's. production . was. low,

Ee A ys.

- anteed market” plan under which | pile government agreed to buy] ‘homes which manufacturers failed |} sell within 30 days. # "The expediter’s office has signed | rn of these Sng 700 homes in a price range | x we nes in Ten of the 12 the industry and 0 assurance that any. eh production goals. addition, the expediter's office | 1 signed two contracts guarantee8 markét fo two firms which

J-

The

: ay

failed to produce conspicuous has voted to junk it in favor

government-insured loans to get under way. ’

jer cent at a maximum interest rate if 4 per cent. After erection on its , 8 factory-built home would be for the usual long-term FHA

are predicting, would mean a

had called for 250,000 pre-|

the guaranteed market | & year’s trial, the house | Snofbies gohicme Wide: which fac- | 50 home builders would be eligible | Goodric

«One-year loans made by private [1 “would be insured up to 90!

as 37,200 Out of 250,000; : ar Sliced From 600,000 to 100,000

than conviction. It is part of the

ards. The

turers.

library:

Clawson.

Miller.

the

. [insurance if ‘it met certain stand-

house banking committee sald the new plan should be an “important stimulus” to manufac-

Thirteen additional guaranteed market contracts ‘are under study by Mr.* Creedon’s office. These ¢ (deals, involving 27,500 upits, would Buk n the guLput ‘0 be scrapped if the house-approved plan becomes law.

BOOKS

The following new books have been received by branch of the Indianapolis public

business

Terminal Airport Financing, by L. L. Bollinger and others. How to Select Better Salesmen, by William Rados. 4—Square Planning For Your Career, by S. A. Hamrin. Psychology in Action, by Joseph

Grocery Store, by Nelson A.

Local Issues

{ some companies which started With | Comwith Loan a“ pld

’ Nominal qubtations furnished by Indi anapolis securities . dealers:

STOCKS Bid Asked Agents Pin Corp com 7. American States pid ......... 4 2% | American States cl A ....... 32 . ah {L. 8 Ayres 42% pwd .108 { Ayrshire Col com ..... . 3 36 Belt R Stk com ...... . 33% Wa | Bonen R Stk Yds pid . 80 bbs-Merrill pfd ......o000s: 5 ve Bobbs-Merrill com ... «18 18 | Gentral Soya com ...:... «30 323 | Circle Theater com ....... . 15 4 Fa 100 102% | Cont, Car-Na- wn 2a 23% solidated trios com .. 3% % Consolidated Industries pid .. 3% 3% Cons Fin Corp pid ........... ” 9 100 Electric com .......... 14% 15% Slee t oni Lab com 3% 4 onl te SBRHDS

Ind Asso

Intra : & L com

P&L4% pid .. [Ee Water: pfd ter ¢l A com ......

guaranty contracts, cov- Hn

b Tel 42

*Ex-Divi

Ge & 1 com So 1 ht to make eight million square Stok

Ind Asso Tel Co 3s 75 . | Investors Telephone 3s 61 ... | Kuhner Packing Co 4s 54 N Ind Pub Serv 3% Pub Serv of 1nd 3%s 75 .....107

ne Tern hi 5s 51 dend.

at Ro whan NeW 2 measures adopted by con- | [Bet Jones cl A | pid in i

: 1C 2ptd. : lm s & Wat com (Chief among these was the “gUar- ind & Mich E L 4% pid

cesamas

| Mastic Asphalt... EF nd Pub ery red FG

sasenn

110 27 110% any

i Ya

107% 109

29%

id tise

.!in the Central America-Caribbean

181067 you take in Merida, Yucatan, ‘| Mexico; Guatemala,” .| Panama Canal Zone, Caracas, Port 2 lof Spain, San’ Juan, ‘Cuidad Tru-

All-Expense Tours

Are Time Savers

By MAX B. COOK Servippa-Howard Aviation Editer

Interest in Job Is on Upgrade

By S. BURTON HEATH NEA Staff Writer NEW YORK, May 13.—The shipyard foreman asked an idle welder to do a little side job that he often

NEW YORK, May 13.—Packaged, conducted all-expense air-cruises | were announced today for the oi mer season. And you can take your | pick between Europe and atin | { America. “For the first time,” said Ralph | T. Reed, president of the American Express Co., today “American pleasure tourists can now save a week or more in crossing the Atlantic and use that time in sightseeing in Burope. The two-week American vacationer can spend 12 days on the continent, time enough for brief - sightseeing . in__five capitals. Transportation, hotels, meals and sightseeing are included in the ‘package’.” . One conducted all-expense 17-day cruise to Scandanavia costs $1035, New York to New York. Sightseeing is primarily in and around Oslo, Stockholm and Copenhagen. It. includes trips to Bergen and Gothemberg by steamer and motorcoach, Trip to Europe Beginning June 6, as one of nine different cruises, the tourist can spend six weeks in Europe for $2028. Itinerary includes London and vicinity, Amsterdam, Brussels, Zurich, Lucerne, Interlaken, Berne, Geneva, Montreux, Locarno, Lugano, Milan, Venice, Florence, Rome, Nice, Avignon and Paris and vicinity, A $728 Caribbean cruise out of Miami covers Jamaica, Colombia, Venezuela, Trinidad, Virgin Islands, Puerto Rico, Haiti and Cuba in 15 days. : A 27-day cruise to South America from Miami will cost $1447. Countries visited include Peru, Chile, Argentina, Uruguay, Brazil and San Juan. Another cruise, for 22 days, takes

area. There will be four departures | from Miami beginning July 5. For

Costa Rica,

jillo, Dominican Republic, Cama- | guey and Havana. A similar 21-day | trip from Los Angeles will cost $1182,

had done cheerfully, as a favor. This time it was different. “That's not my job, and I won't do it, .and if you don't liké it you know what you can do.” The usually tactful foreman lost {his head. “That's insubordination,” he said. “Do what you're told or go and get your time.” There were 200 welders in the

their tools and started for the pay window. “We're not striking,” they told the foreman, “We're through.” All Arguments Fail His arguments that they would lose seniority and other benefits, his pleas, and his offer to forget the whole thing did not move them. They quit, Two or three. weeks later they began straggling back one by one and were rehired. Not one even | tried to claim the rights and privileges they had sacrificed. They went to work with a will, happy, contented, friendly and co-opera-tive. “And one of them now is worth any four before they quit,” the] foreman said,

Personnel Problems A student of personnel problems spent some time trying to discover why these welders quit as they did why, after losing valuable rights, they came back better workers.

found is that when they quit work was light, they. were bored, the job was uninteresting. When they returned work was rushing, they were interested, and -happy once more. Six months ago" management personnel men were worried about the very low morale among their workers. Now they say that morale, and interest in the job, and willingness to give an honest day's work, are décidedly on the up grade. Had Some Money

When war production gave way

tired of long-continued over-time. They had some money. Many didn't {care whether they worked or not. That source of disinterest, per-

The state department requires

* {fore issuing pleasure passports,

43% Gu | Power Age,”

| Indianapolis, Na‘Inight at 521 E

Plant May Close

confirmation of return passage be-

Packing Firm- &* Head to Speak |

Ralph Zimmerman, general man-

‘lager of Zimmerman Packing Co. | + Cincinnati, O., will speak on “Me-

chanical Packings in a Changing at a family night proigram of Indiana Association 4, of

tional Association

13th st. : Frank L. Sigafoos, president

R. Zimmerman

the opening of the new plant of Zimmerman Co. and of plant operations will be shown by Warren H. Melville and Charles H. Zimmerman, :founder of the firm.

Richmond Crosley

RICHMOND, Ind., May 13 (U.P). als of the Crosley Corp. here threa today to close the plant until its’ 1200 employees agreed to a normal schedule of operation. . The plant was closed again yesterday when the workers left their

sonnel men agree, has ceased being of much importance. But many workers are dejected

at leaving the “up-graded” jobs to

laa Tbsaulir lis i [Labor Is Slowly Climbing ol | Yr in Morale Since End of War ™

yard. To a man they laid down|

The only possible answer he has

to reconversion- it found workers |

list of labor morale builders.

which war-time manpower short. ages promoted them. They aren't {angry; they blame nobody; but they | teel letdown at getting set back to {where they were before the war, leven at much higher pay. Cause Frequent Slowdowns

Shortages promote low morale, too. If material and parts come in [slowly, causing frequent slowdowns |in production, it is hard for men to {whip up enthusiasm to work fast in order to get sooner to a stop{page caused because some part is not available, There is also the class antagonism that has been built up for many years. It helps to.promote strikes, slowdowns and the like, and in turn it is increased by such stop{pages. It breeds unwillingness to work together. Some of the best personnel specialists discuss convincingly, if not for quotation, what they regard as the most important explanation for low morale: Blame on Leadership > “Usually the fault is management’s,” says one of the most widely respected of such experts, whose company has a remarkable record for employee morale. “If morale is low, if workers shirk and quarrel and won't co-operate, usually leadership is to blame.” The one recognized authority will-

sonnel director for Bigelow-Sanford Carpet Co, who has a long record of successful dealings with some of the toughest unions. “The worst problem is in middle management,” he agreed. “It isn’t enough for top management to start

Out of Its

JOB-SEEKER—Personnel managers find man ike the one above registering at a federal employment office are interested in recognition, security and opportunity, rate money fourth on the

ing 16 be qusied is XL. 8. Ball pep gel worker Soaeaie rate. Jie. this

| Prank B. Cheshire, general manager .of the Monon railroad, was elected a vice president by directors here yesterday. He will have of fices in Lafayette. | ‘Vernon A. Hewitt, treasurer and assistant secre , was elected 'secretary and treasurer and will be in Chicago. Both will assume duties he June 1. C. Berghaus, assistant to the manager, was appointed as-

sistant ‘to the president with headquarters a Dicago. Now You , Build Four-Bedroom ‘House

WASHINGTON, May 1 —The government gave big families

controls to permit four-bedroom houses, { Housing Expediter Frank R, Cree~ don. announced that the 1500-square-foot limitation on new houses will be raised to 2000 for persons who need four or more bedrooms for their families. Other applicants who will be granted the exemption are professional or businessmen who need ex-

information to the workers. That does no good at all unless superintendents pass it on to foremen, and foremen to workers, and unless relationships have been established so that workers have confidence that management's cards all are on top of the table.”

Wages and Morale One major personnel director is convinced that, in spite of all the

land owners who are bound by their deeds to build big houses.

a break today by relaxing building

tra sphce for their activities and}

11047, were five times those of preceding 12 months, Richard O'Connor, Ys Yoda income for the Re hci year spurted to $2,150,908, or $4.30 each on 500,000 outstanding shares of capital stock, from 747, or $1.03 on 416,770. shares, in year ended Feb. 28, 1046. Bales increased to $24,013,812 in the 12 months ended with February from $16,801,545 in. the Previous fiscal year, £5

nil Jf

y+ gf Ia {oe

fuss about wage scales, other elements in employer-employee relationships are much more important. He cites numerous studies and polls in evidence. “The worst history of Industral / strife is in two of the best-paying | industries,” he says, “steel and automobiles. Ever since Henry Ford startled the world by setting a $5 minimum, Ford has been a liberal payer. Yet few concerns have had worse relations with their workers, lower morale, than Ford did until young Henry came along and changed the. entire setup.” Mr, Hall agrees with that idea, without reference to any particular industry or company. Wages Come Fourth “In my opinion,” ne says, “money wages come fourth, There can’t be good morale without good pay. We always plan to k at least a few cents ahead of the scale. But I believe. the things that make for

‘

Its Territories and

Betts

I make good, is my job safe? Third, opportunity—Can I hope to be promoted, or is some outsider going to get the better jobs? And fourth, money.”

yesterday's losses. Top price was

gained up to 50 cents. were strong.

GOOD TO CHOICE HOGS (35000) Butchers

[email protected] “y 24.50

g an 0a, 3

[email protected] Packing Sows Good to Choice— 270- 300 pounds 19.50@ 20.00

S.. 19.25@ 20.00

360- 400 pounds ree 10 0a19.50 400- 450 POUNDS ..eeereenenns 18.7 500 pounds 18. 008 1 % Medium 250- 350 pounds ............. 15.009 18. 00} ; ‘Slaughter Pigs 90- 120 pounds ..... .. 16.006 31.5%

CATTLE (2500) Choice

700- 900 unds 26.50 900-1100 pounds, .. 27.00 1100-1300 pounds 27.00 1300-1500 pounds 27.00 Good— 700- 900 pounds 24.00 900-1100 pounds ... 23.00 24.00 1100-1300 pounds ... [email protected] 1300-1500 pounds ...... »esares 23. S0@24. 7s

Medium 700-1100 pounds ...... Careuve 1100-1300 pounds Common— 700-1100 pounds

HEIFERS

cesavsstanann

800-1000 pounds Good —

hood of Electrical Workers (A. PF. of LD. The walkout began Friday when the men went to a union meeting during the noon hour to discuss the | discharge of nine men from the | paint assembly line. Urilon officials refused to com-

they refused to work an hour's overtime last week.

Chains’ Sales Gain

—The department of commerce re-

mated $2,015,000,000 in March, 22 per cent over March of last year.

Local - Produce

PRICES rom PLANT DELIVERY » Poultry: Springers, 3 lbs. and over, 33c; Leghorn: springers, 28c;: cocks™and stags, 10¢c; hens, 4'a Ibs. and over, 30c; under

4% and Leghorns, 20c; soft meated chickang, 26c; No. 2 poultry, 4c less than No.

Butterfat: No. 1, 58¢; No. 2, 56ec. gs: Current receipts, 54 lbs. to case, 3c; grade A lafge, 43c; médium, 38¢; no grade, 33c.

Truck Wheat

Indianapolis flour mills and grain elevators are paying $2.50 per bushel for No. 1 truck wheat; new No. yellow corn $1. 58 per bushel; No. 2 white corn, $1.58 per “bushel; oats testing 24 pounds or better, 80c; Jolow 30YbSARS, 14 per cent moisture, $2. re, $2.00 per bushel,

w——t———————

U. 8. STATEMENT

WASHINGTON, May 13 (U. P.) Gov ernment expenses and receipts for the current fiscal year through May 9 Sou

pared with a yeariago: is Year Last Your Expenses ....$34,321,076,863 $35,588,079,036 i Receipts - ,... 135,734,100,085 36,503,976,451 «f3urplus .,... 1,413,023,211

Ei 19,084,998, 484 Cash Balance. 4,080,158,738 19,162,529.176 Publi Debt .257,639,088,313 272,021 913.964

‘Gold Reserve. 20,813,020,072 20,248,078,066

INDIANAPOLIS CLE CLEARING. HOUSE Clearings , 269,000 226,000

NASR AN Eta ara Teer erveibentien niin 20,

jobs to attend a meeting of Local 1127 of the International Brother-|

ment, but company officials said | the men were discharged because

WASHINGTON, May 13 (U. P.).!

ported today that chain store and] mail order houses reached an esti-|

15.0083. | 16.00G 19.00 | passenger, four-engined plane.

Hog Prices Regain Losses; Steers, Cows Active, Higher

Hog prices gained 50 cents at the local stockyards today, regaining

$24.75.

Steers were fairly active and strong to 25 cents higher while cows Vealers were active and steady.

Fat lambs

Feeder and Stocker Caitie and Calves

° Steers | Choice— 800 pounds’ ............. [email protected] 800-1050 Pounds ..........qes [email protected] 500- 8300 pounds swsenses [email protected] 800-1050 POUNAS ...eoneersrn. 17.506 19.50 Medium. 500-1000 pounds ....cco000...14.50017.50 Common— | 500- 900 pounds ........ veeee [email protected]

Choice— 23.00

Common 13.00@ 16.50 Ewes (Shorn) { Geos and cholo. ........-:.» 7.00@ 8.00 iagviie 6.00 7.00

Common and medium

First New Constellation Accepted by Eastern

| BURBANK, Cal, May 13 (U. P.). j= The first of 14 model 1947 Lockheed Contsellation transports was | ready today for service on Eastern | Airlines. "Capt. Eddie Rickenbacker accepted delivery yesterday of the 60-

The planes will be placed on the

U. S. Steel Goes

{on trial June 16 on federal govern-

On Trial June 16

WILMINGTON, Del, May 13 (U.| P.).—The U. 8. Steel Corp. will go}

ment charges of violating the Sherman anti-trust act. The date was set by U.S. District Court Judge Richard S. Rodney recently during a hearing on a government application for a temporary restraining order to halt the proposed sale of the Consolidated Steel Corp. of Los Angeles, Cal, to the. Columbia Steel Co., whollyowned subsidiary of U. 8. Steel. Judge Rodney reserved decision on the government's request for a preliminary injunction. >

. 21.00 22.78 . 16.506 21.00

FISK FURNITURE

Sell the Finest Innerspring Mattresses Obtainable —If That's What You Want, Come to 2310 N. MERIDIAN. ST. Open Till 9 P. M. Daily Terms

ROMANTIC

New York-Miami run next month.

Bonds of the United States Government,

Municipal and Corporate Securities | Real Estate Bonds and Preferred Stocks |

Intianapelis Bond and Share Corp. 129 E Market Street

Insular Possessions.

Co. 28, the. A

the fiscal

WEST

Greyhound’s best to see the West

One Way

$18.10 $31.70

Rd. Trip $34.40 $61.90

600- 800 pounds 300-1000 d Grain Dealers Medinrrer not TOKYO, May 13 (U. P.).—A! AI 300 POURS + xvixrsvire wa seven-man trade mission arrived in| Mutual Agency, Ine. 500- 900 pounds ............ [email protected] Tokyo from the United States to- | 1740 North Meridien $4. Cows (all welghta) day to confer with supreme allied | edtum seen [email protected] | headquarters officials on plans for | WAbesh 2456 SREY SM Qutter ‘and common ....... ain) opening Japan fo private trade. J Miles of fun in the Bulls (all weights) g 1 DAY TOUR Beef— Good (all Weights) ......... [email protected] De Luxe Custom-Built 5 DAY TOUR ! Sausage - - x COOB= ‘ves. iversnrrsriessnes 17 33a17 59 . Med ” vere. [email protected] find Ta ry res 12.300 16.00 VY KE N KE i : . Knoxville CALVES (600) Round Trip ——- Good to choice .............. 24.506 27.00 : . nm Common and medium ......, 12.50@ 24.50 . THA [email protected]

Culls (75 pounds up)

EXCLUSIVE

DAVIS CLEANERS

ITERATE

NO CLOTHES ODOR NO MILDEW CLOTHES LAST LONGER WITH

Powm- Auptic Process

AVAILABLE ONLY'AT

INTERNE

———

LLL]

. A LE

. » » N

i} o

1 Ea HIT

]

BLINDS

WOOD * ALUMINUM ®* STEEL | : Baked Enamel Finish

35 MONTHS TO PAY

The Nation’ s Capital,

ONE WEEK

DELIVERY "CANADA

ROUNDED CORNERS DURABLE HARDWARE .. CHOICE OF TAPE COLORS

Free Estimate

5 DAY TOUR

$ $

Montreal Quebec $t. John

CLEANING and REPAINTING A SPECIALTY

Roofing — Siding — Guttering IMMEDIATE APPLICATION

‘Greyhound serves nearly all

GREYHOUN Traction Terminal Bldg.

1337 W. Ray St.

AERO VENETIAN BLIND co.

» IM A ¥% | § SE X

or MA-5796

Way 15.25 $15.90

You ean go “abroad” by Greyhound

$64,15* Rd. Trip $21.45 $35.10 $28.65

America is just full of wonderful ‘vacation playgrounds. And

of them . .. conveniently, come

fortably ... and at amazingly low fares. For information calls

D TERMINAL

R1-4501 *Tour price includes transportation, hotels, sightseeing, ete, Fares do not include U, §. Tax :

HO UN D

President. ha opno K

4 : >

$853

5 i

EES:

8328

5858

8853

= ivy

£358 pre EF

aa¥ i 9 i »

SS Uh g = < xX " - -~

2:00~Tvory Cla: 2:15--Charlatee H Dance Ma 3.45 Dance N Ma ‘ fe 101 3:15-~Music- 10) 3:3 ors | 3. Concert ‘41 Hawaiian Musical

Bandi it Gets a

CHICAGO, Clara Vezina man. But sh Mrs. Vezin books in a cal A man ent He thrust a “Turn over keep quiet,” t “It's only $ “You take § change for m The bandit : Mrs, Vezina “Received $7." The bandit the word “mi and fled. ‘

PAY

: 100 Homs GET