Indianapolis Times, Indianapolis, Marion County, 22 May 1947 — Page 30

Local Airport Amateur Pilots Soon May Fly Ocean Easily ' With Development Center's Safety. Devices ee By JACK THOMPSON Ln

i dos ‘Development of radio and radar “miracle gadgets” ig the biggest job © being done today by the civil aeronautics administration at Weir Cook

For instance, it will not be long before even an amateur pilot can Lo gately fiy the ocean without a navigator and without knowing one rudiment of air navigation, .' All he will have to do is draw a line on a map, climb in an airplane, 1 | ——————— ————— mom——nys twist $ nib and ee oe plified by the low’ frequency omiiHage indicator on the instrument | directional range. ; v . dll do ‘the navigating. Test ranges of this type are panel wi operation here and on the Atlantic CAA Is Own Customer coast. They are flown the same as "This is one of the many projects the VHF system and make it pos‘being worked on by the largest di- {sible for a pilot to follow established: _ vision at the technical development air routes on transoceanic hops.

center~the radio division, —————— In two days of steady driving U. S. Exports for Year

around this section of the country . it is barely possible to see all of the Set Peacetime Record WASHINGTON, May 22 (U. P).

cente: tallations. | ners riod iy CAA is its|—The United States exported $4

[billion in goods and services during : er for its own products. g Se Sustom radio and devices [the first three months of 1947 to being used on federal airways have [establish a new peacetime record, heen developed by the radio section (the commerce department reported today

{ ay. . here. | It said the shipments represented

ids Main Goal w Ler Aids M4 division chief a annual export rate of about $19,Tt ’ *1 500,000,000. That was exceeded only said the even Sagiive Jrolects he, 1944 when wartime lend-lease supervises are .°" |shipments were at their peak. men. of all existing air navigation | Imports during the first quarter

aids. |of 1947 totaled $1,900,000,000, leavNaw 1 being done oo ib an export surplus of about $3,frequency omni-directional radio | 909-000.000 Tor the period.

range, airborne radar, air traffic p_:1 Cael surveillance radar, distance measur- | Rail Strike Talk

ing equipment and micro-wave Revived by Union i equipment. | CLEVELAND, May 21 (U. P.).— The Instrument landing system | ajvaniey Johnston, president of the now is universally used by American | Brotherhood of Locomotive Engiairports. It provides a means for | neers, said today that the strike pilots to land planes by radio beams. | yore taken by the railroad brotherAutomatic System Developed hoods in 1945 still was in effect CAA is continuously striving to{and that if a settlement is not improve the dependability of ILS reached with the carriers this and recently has developed an auto- spring. a walkout eventually will | matic system. z be called. : :In planes equipped with the : automatic ILS, the pilot and co- Local Issues pilot can sit with arms folded while [2 Te ro oo the automatic pilot brings the plane minal quotations NEA 3 down to Within 25 to-50 feet of the | "T'Po Ib securities acklers: ground. [agente Fin. Corp com .. . Because every pilot needs reliable American States pfd ... information about his position in| 8 “Avres $ii%. space, especially in bad ‘Weather, | Avrshire Col Com CAA engineers here have developed | Beit R Stk Yds ptd .. the VHP omni-directional radio| Bobbs-Merrill pfd ..

{| Bobbs-Merrill com . range, Central Soya com .....

POSTMAN'S HOLIDAY — Members of the Playmore club of Packard Manufacturing Corp., who make juke boxes during working hours, will play them at their party tomorrow. Taking a seat to select records are-Mrs. Imogene Kyser (left) and Mrs. Maydell Jackson, and standing are (left to right] Mrs. Anne Georget, Mrs. Doris Bolles and Mrs. Mary Dransfield. Other committee members include Charles Pheasant, David Woodin, William Brooks and Richard Bayless.

[Steel Peace Seen IFor Two Years

ATLANTIC CITY, May 22 (U.P). ~Labor peace in the steel industry for (wo years seemed assured today

as copies of C. I. O. President Philip | *

Miirray’s statement of no-strike policy went to 3000 locals of the United Steel Workers throughout the country. Mr. Murray, also-U, 8. W. president, told the union's executive poard last night that “under no circumstances” must a work stoppage occur during the recently

Isigned two-year contract.

Guaranteed production in the steel industry would help stabilize the nation's economy, Mr, Murray said. “We must resort to the orderly method of adjudicating our differ ences by taking recourse to the

Ljgrievance procedures of the wage

agreement, up to and including arbitration,” Mr. Murray told the board, meeting here in bi-annual session, '

{Too Much Money,

Trade Board Hears

LOS ANGELES, May 22 (U. P) .— Too much money is upsetting this country's economic balance and we face a readjustment but not a depression, president Asa V. Call of the Pacific Mutual Life Insurance Co. said today. “The word depression is a misnomer,” Mr. Call told 350 members of the state chamber of commerce which he heads. “We face a necessary and inescapable readjustment.” “We have in the country today something in excess of $100 billion of money which was issued for goods which never came on the market or have been destroyed,” he said. As a result, Mr. Call said, there is an increasing demand for goods and services which is not offset by a replenishment of other goods and services, thus upsetting the economic

balarfve. .

Labor—

At This Congress Session |

Mine Safety Laws Unlikely

Complexity Cited as Reason for Delay, But Lesson of Centralia Won't Be Lost

By FRED W. PERKINS, Scripps-Howard Staff’ Writer te) WASHINGTON, May 22.--Despite wide ‘attention given the Cene

tralia disaster two months ago, new federal laws for safety in coal mines are not likely in this session of congress. Senator ‘Guy Gordon (R. Ore.) chairman of a subcommittee which investigated the Centralia blast, said he had found the general subject °

so complex, involving confligt between state and federal laws, it needs

much further study. Rep. Max Schwabe (R. Mu) ghairman of a house subcommittee which has been visiting coal mines, thought that ‘Investigation should * be continued after con- { gress adjourns for the summer, He proposes that new legislation be presented at the next. session, in January. Mr. Perkins A pending bill by Senator Harley M. Kilgore (D. W. Va.) would greatly extend federal authority over mine safety. There is no action to press it to a vote. However, there are stirrings within the industry indicating that’ the Impetus to safety work given by the Centralia tragedy will not be lost. Significant among these 1s recent appointment by the directors of the National Coal association of a national mine safety committee. This is made up of operators and technical experts, “to report promptly a program of improvement where necessary.” Industry Hails Move Industry spokesmen say that is the most important, safety step ever taken by mine management. The committee's scope is outlined to include the necessity of preserving management's responsibility for operating the mines, the desirability of supplementing state standards, laws and enforcement, of securing the co-operation of

miners and of preserving the effective werk of the federal bureau of mines under present law. The committee is directed to de« ' velop standards applicable to the individual states and. local cone ditions. Operators have traditionally re. sisted efforts to extend federal authority over coal mines and have insisted that enforcement of safety standards is a “police power’ ree served to the states under the constitution, When the bituminous coal mines were seized by the gove ernment «a year ago the U., 8, bureau of mines automatically bee came the chief safety agent, ale though it continued to work in coe operation with the state mining departments.

Powers Lapse June 30

When the mines are restored to private ownership June 30 this fede eral authority will lapse unless congress passes some new law, The federal inspectors, under the fede eral mine inspection act of 1941, still can investigate and report on mine conditions, but power to force corrections will revert to the states, Under questioning by members of the Cardon committee, John L., Lewis, president of the United Mine Workers, sald power to close dangerous mines should be left with federal inspectors but also should not be taken from state inspectors,

15-CENT DIVIDEND

National Malleable & Steel Caste ings Co. today announced a 15-cen$ dividend for common stockholders’ payable June 21 as of record June 6. »

Hog Prices Steady

System Vastly Superior Somvith Lonn Progt¥ Ag y This range is vastly superior to|Consolidaied Industries com. _ the present low frequency system, |CONSRia'er "ola oP which provides only four courses, is! Deita Bleotric com . g susceptible to static and distortion | Fr ware & Jecrson RR. pid 83° and requires the pilot to work prob- | Herfi-Jones cl A pid ......... 13% lems in orientation to determine his | Ind Asso Tel C2pd... direction from a range station. | 108 9°58 BL OF sii The VMF range is gradually re- udpls P & 3 com placing Se existing setup. In the ‘nafsnapols Water pid near future several hundred omni-|Indpis Water cl A com | Indpls. Rail - directional range stations will be! eft ife com... strategically located throughout the United States. A pilot can determine his direction from a station almost instantaneously when flying (the VHF ves range. . is flown by reference to Progress. Lauiar halt a vertical needle on the cockpit. allery com instrument panel. v2 pom

“Pub Serv of Ind 3'2% pid ... 94 Long Flights Simplified Se Ind CAE 43% pid Lon The pilot determines the compass | Stotey-van Comb ong ©: heading of his course and sets that “2 i on a special azimuth selgétor d

3% iw 15% | 313} 80 | 1445 | 2742 |

51'3

Marmon Herrington com. .... Mastic Asphalt Natl Homes com N Ind Pub Bary 5°

{ Stokely-Van Camp com As long .as he stays on “the

Q { Terre Haute Malleable U 8 Machine com chosen course the needle indicates “on course.”

United Tel CO 5% ...u....... Union Title com v BONDS American Loan 42s 60 ... The VHF omni-directional range provides 360 courses, any one of which can be selected by the pilot. + It is accurate within two degrees.

American Loan 4!2s 58 Citizens Ind Tel 4%s 61 ... Long flights over oceans, deserts

Columbia Club 2s 5s 62 Consol Pin 35 66 ............ 9 Delta Coll 53s 56 "en Goodrich Bros 4s deb Hamilton Mfg Co 5s 56

| 360- 400 pounds Gi

2 | Medium —

i S00- [email protected]] NI hy 0 Bit =i $a Reus i) EN THE MUNICIPAL COURTS. BUILDING

... 11300-1500 pounds

Top price was $24.25, | Cattle prices were practically * steady. Vealers were slow with lit-! tle change. Supplies of sheep and! lambs were limited, but there was no change in prices.

On Market Here || «guest 4 ~.| Little Change ‘Noted hr f/ %.| In Other Livestock | Hog prices remained mostly | ; . . steady --with ‘vesterday’s at the In- | .| dianapolis stockyards today. .

(FROM REALLIFE) No.57.LAD’S LUCKY LEAP

GOOD TO CHOICE HOGS (69089) 140

REE

SEGwaaRE

a rd

220 pounds ............ Packing Sows

Good to Cholce— 270- 300 pounds sla naisn 300- 330 19.002@19. . 18.70 @19.30

pounds ... 330- 360 pounds ... [email protected] 18.26@19,00 | /

18.00@ 18.50

400- 450 po

250- 350 pounds * ‘Slaughter Pigs 90- 120 pounds .

CATTLE (9%)

9) (YX STORIES

THE

Medium-— 700-1100 pounds ...... rere 19.00@23

IN ST. LOUIS, MISSOURY, A PRISONER WAS.

Hoosier Crown 5s 56 1 Ind Limestone 4s 75 63 ke Indpls Brass & Alum 5s 56 i Indpls P & L 4%s 70 rods ea 107% Indpis Railways Co 5s 67 ..... 84 87 Ind Asso Tel Co 38 75 ........101 103 Investors Telephone 3s 61 ... 98'% i Kuhner Packing Co 4s 54 .... 99 N Ind Pub Serv 3's 73 ......105% Pub Serv of Ind 3'ss 75 .....107 Pub Tel 47,5 58 reserve Wl Trac Term Corp 5s 57 .. *Ex-Dividend

Buhner Fertilizer 5s 54 vein Ch of Com Bldg 4'2s 61 .... 9 and jungles have been greatly sim-

107% | 109

. 95% 98;

LU.” S. Statement 4

WASHINGTON, May 22 (U, P.).—Government expenses and receipts for ihe {current fiscal year through May 30, com{pared with a Year ago

Autos’ © Dismends © Watches Jewelry © Clothing © Radios, ete.

GET CASH IMMEDIATELY

181 Your

This Year 1 Expenses $35.409,085,286 $56,607,145,377 ts 36,835,114.052 37.295.638.574 | Surpiu # 1,337.128,765 : | Defic 19,401.511,902 J] [Sach balance 4.158.896.7091 19,008.37 022 |

: ublic debt 257.682.811.301 272.996.307.476 ILLINQIS AND OHIO STS.

Gold reserve 20.887.322,939 20,245,241,344

iINDIANAPOLIS CLEARING HOUSE Clearings . vs vain «n-§ 6,557,000 Debits ....... 19,497.000

Cant

= 4

How have airlines been doing? What about steel shares? Or railroads . . or motors . , or public utilities?

HARTS, such as the Merrill Lynch Stock Price Index Ratios, can give you a quick picture of how the stocks of 74 industry groups compare over recent years with the market as a whole, represented by a composite of 540. stocks. ; But the quick picture isn’t always the complete picture. That's why Mer#ill Lynch presents its new charts only as part of its regular Security and Industry Survey, which analyzes each of the 74 industry groups and providés facts and opinions on over 300 individual securities. The new edition of ‘the S & 1 Survey, introducing

“7711100-1300 pounds ! 700-1100 pounds tivwane

{| 600- 300 pounds 800-1000 pounds |G

| 800-1000 pounds

if! 500-1000 pounds

li}| Medium and good .. :

I} ter,

AWAITING TRIAL FOR A CHARGE OF FIRST DEGREE ROBBERY. TWO DEPUTY SHERIFFS WERE GUARDING THE THIEF AND ATTEMPT: ED TO PUT HANDCUFFS ON HIM WHEN —

Common—

HEIFER Choice—

24 Naas. [email protected]

22.50 24.00

00! 600- 800 pounds .....

UDDENLY THE PRISONER STRUCK WITH HIS FISTS AND RAN FROM THE COURT BUILDING IN THE DIRECTION OF AN 18 YEAR OLD LAD WHO, UNKNOWINGLY, WAS BLOCKING THE THIEF'S PATH. THEN —

eees [email protected] Medium — 500- 900 pounds 19.00@ 23.00 Common— | 500- 900 pounds . .. 15.00@ 19.00 Cows (all weights) [email protected] . [email protected] 11.506 14.75 [email protected]

{Good Medium ‘Cutter and common Canner : Bulls (all weights) Beef— Good (all weights) [email protected]% | Sausage— | Good ver I 504i 18.00 { Medtum caveaee. [email protected] | Cutter and medium * 12.50@ 16.25 { CALVES (350) Good to choice +. [email protected] {Common and medium : 11.504 23.00 Culls (75 pounds up) 8.00@ 11.50 Feeder and Stocker Cattle snd Calves teers

to You

| Choice— 500- 8Q0 pounds | 800-1030 pounds | Good— | 500- 800 pounds | 800-1050 pounds {| Medium—

[email protected] 19.50 41.00

[email protected] [email protected]

[email protected] . [email protected]

Common 500- 900 pounds SHE

Choices Closely Sorted Good to choice

Common 12 Ewes (Shorn) Good and choice ov raies Common and medium

Local Produce

PRICES FOR PLANT DELIVERY Poultry: Springers, 3 Ibs. and over, 33¢; | Leghorn springers, 28c; cocks and stags, llc; hens, 4'z Ibs. and over, 27¢: underi 4'2 and Leghorns, 27c; soft meated chickens, 26¢; No. 2 poultry, 4c less than No. 1

Butterfat: No. 1, §%c; No. 2, S6c, Eggs: Current receipts, 54 1bs. to case, 3Tc; grade A large, 41c; medium, 370; no grade, 33c. . Truck ‘Grain Indianapolis flour milis and grain eles Ivators are paying $2.48 per bushel for { No. 1 truck wheat; new No. 2 yellow corn {$1.65 per bushel; No. 2 white corn, $1.88 | per bushel; oats, testing 21 pounds or bet-

92c; yellow soy beans, 14 per cent moisture, $2.90 per bushel. .

Insurance Personal Property

a) IN 2 al

FHEN THE CSCAPING PRISONER TRICO TO CLEAR Hi5 WAY WITH HIS FIST,

LUCKILY THL YI H DUCKED AND . MADE A FLYING TACKLE

THAT ANY FOOTBA

COACH WOULD BE PROUD OF/ THE PRISONER WAS THROWN FORA LOSS OF YARDAGE AND HIS TEMPORARY FREEDOM.

THURSDAY, MAY 22, 1947

) |

THURSI

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Underpiters and Distributors of Investment Securities J Brokers in Securities and Commodities =~

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