Indianapolis Times, Indianapolis, Marion County, 23 April 1946 — Page 8

Quai ee ats a amen “ oi

THE INDIANAPOLIS TIMES

By NEA News Service In Hollywood, a movie hopeful offered to trade an apartment for a motion picture contract. He wasn’t |'s0 dumb. It's a lot harder today to find a place to live than it is to crash the gates of Hollywood. But ingenious America is finding

©. OF C.

Commissioner to

Myron R. Green, industrial -. com-

migsloner of the 'Indianapolis/some kind of an answer to the Chamber of Commerce for more| problem, even if it's only a barrel, ahd

a doll house, or a telephone booth. And that barrel is all right. Ardell Hagen of Devil's Lake, N. Dp. looking for a place for his wife and 18-months-old daughter, Elaina | Marie, converted a barrel- shaped ! roadside hamburger stand into a

organiza ,| cozy two-story apartment complete tocal on, Be anes aot WD ou heat, running water and be revealed until incorporation and | electricity. : finite y Herbert Anderson is going to have Be rd Jocation of She plant by the a little more trouble with the doll " ied for a large part of the | oe he and his wife rented in industrial expansion of Indian- | Minneapolis, Minn. The doll house apolis during his work with the C.| | was built in 1900 for a 3-year-old of ©. by local businessmen, Mr. girl and Anderson, who is five feet, Green had delayed his resignation |11 inches tall. has to stoop to get fof” several mionths until current through the doorways. problems were solved. | Tight, But Useful ‘Due to Mr. Green's efforts, a| gByt the place is completely large portion of the city’s metal | aquipped—electric lights, stove. fireworking ‘establishments were con- place, running water and bathtub vested to defense work before the three feet long by a foot and a half Pear] Harbor attack. During his|wide, a little tight maybe but still tenure, C. of C. officials said, the 5 pathtuh. f city enjoyed one of its greatest in-| The telephone booth idea ‘was qusirial ajgrowths, .. |good for a while. Helen Magne, a

WEST INDIANAPDLIS 55 + == oor

10 years, has resigned the 0 become president of a new intotrinl. firm being established

eral offices of the firm have bes opened at 705 Electric bldg. “MY. Green said the nature of the)

She put an out-of-order sign on ed” her on the ground that announced plans for a new branch Move Into School Washington st. and Harris ave. has already been acquired and con- Robert Lopez converted a school permit. | boards with colorful chintz. to. residents and businesses in the | {School district, unable to find other stone, cast bronze doors, marble] classroom at Tuckahoe high school,

girl.

Hogens

house,

[the lobby of a New York City thejoe tne booth, and lasted several days petore the theater manager “disThe Indiana National bank y I peri Bin company had prior bank to be built in West Indianap- | claim to her “home. olis, at the southeast corner of W. Schools might provide an answer Property for the new structure to your problem. Mr. and Mrs. struction will begin as soon as fed- room in Rochester, N. Y., into a eral housing building regulations | cozy apartment, covering the blackDesigned specifically to offer al And Prof. John C. Goff, superincomplete range of banking facilities |tendent of Eastchester Union Free western section of the city, the new | quarters for himself and his wife, bank is to be built of Indiana lime- moved into the home economics and bronze fixtures and with year Tuckahoe N. Y.round air conditioning.

structed by supporting columns. one from a Chicago junk dealer for | Except for a large decorative chan-| $300, planned to move it to Down-| delier at the center of the ceiling. erx Grove, Ill, where Mrs. Nevko-| the room will have concealed light- dem said she could make it look ie wlll be: King ob real cute” with a little fixing up a par area fo customers and a meeting room in Sleeps in Bank the bank for the use of clubs and! A Kansas City family bought Ce civic groups. for 875, took off the wheels, and

The branch will offer a complete moved in with their eight children. hunting is wrong.

solved

say.

Use Army Training

a a Tr oo

burger stand

Looks as if Mr. and Mrs. Herbert Anderson were giants, but that's just because they're living in a doll house in Minneapolis that was built for a 3-year-old

oa hg

It's a barrel-house, but no blues because it’s home for the Ardell in Devils They converted it from a haminto a two-story

Lake,

How about an old streetcar? Mr.!door to a bank and laid down on] The banking room will be unob-!and Mrs. James Neykodem bought! | the lobby floor. Lee Shaw and their housing problem by renting an abandoned drug store in Ine, San Prancisco. They have in the sink, but it's still fun, they to locate a home.

N. D.

two other girls] | discharge from the mgrchant ma-)

to bathe

Perhaps vour approach to house

Two ex-G

banking service in its operation and |A Los Angeles contractor converted |looking for an apartment in New York City remembered their mili-|

will be backed by the resources of | {old streetcars into stucco-faced, the main bank, | blue-trimmed cottages. At

. they have plenty of windows. STEEL PLANTS WILL Of course, if you are on the des- | CUT OUTPUT TO 40%

perate side you might try the! CHICAGO, ap a (U, P.) —The Carnegle-Tilinois Steel

{method used by an inebriated gen-| Corp. said

| tleman in Boston, today its Chicago plants will oper-

| door. | | place

Lt.

even the

sively weary and unable to find quarters, he simply broke in the ate at only 40 per cent of capacity by the end of the week because of the coal shortage. Company officials said plants presently are consuming 4500 tons of| coal a day, compared with 22,200 tons a day on April 1, first day of

——t Floor, Corner Sts Caras Marke: & NMinois, Traction Terminal Building

‘Crutches, Invalid Walkers and Posture Beds

Can Be Rented at

HAAG

402 North Capitol Ave,

Tr iD LOANS

nk WE BUY DIAMONDS

Pi ARTS PRINTING, SERVICE

Established 1031

Men's Suits & Overcoats

18" 21* 24"

CASE CLOTHES 215 N. Senate Ave. Open 9 to 9

SERVICE TO MEDICAL PROFESSION 316 8. HAMILTON t MA-3149

least {tary training, picked a suitable dis- | trict, laid -it off in areas of operation, and went to work—door-by-| | Land.” By enfilade they found al that Feeling exces- | house superintendent di was going to be vacated. (j.g.) James Cary,

Livestock Market Remains Steady in Active Trade Today

awaiting | | George Timko got tired of looking | for a place to live and started build-

the coal strike. The Indianapolis livestock market remained at steady levels today | 1435100 494 12.300.747.783 | under, 19¢c; Leghotns, 18¢; springs, 4% ; a oi Bal. 21,435, ¥ » y oT y . with trading active. | Boston public library, read up on Sit To. yr, Sar 21s 001 235508 433 sd6 | Ios. and over, 23; under, me; Legrorns, || Imlianapolis Bond and Share Corp. T VE N= RITE Receipts for the day were: Yiops, 9500; cattle, 1500; calves, 400| carpentry and masonry, and is Gold Res. .... 20.240.511.505 20.395808.371| ig Ra ihe. and over le) PE and sheep, 200. building his own. : CLEA sg | And over, 0c; under, 2 179. & Market Strout | 8 le, this housing problem INDIANAPOLIS CLEARING HOUSE Fggs: Current Teosips, 5 Tos. 19 Am, imple, Nis 8 3] RATE. ses te evans Saas $ 6.972.000 30c; graded ‘eggs. A large, 33c; A medium, Walch Repairing GOOD TO CHOICE ROGS (9508) |, == isn't it? Clesringe ss.- 22.432.000' 0c: no grade, 27c ee Butchers J- 1100 pounds ....oseseeees 13.502 15.50 120- 140 pounds ........... [email protected] [100-1300 pounds ......eeqe..s [email protected] 10-DAY SERVICE 140- 160 pounds ............. Js 3 14.85 | Common— p JEW TT " Ee 160- 300 Pounds .....enuersss 700-1100 pounds ............ [email protected] t's | ib 330 DOUDAS + rrsnnsnsnns 1428 Heit Ll . dve N 330- 3680 pounds ............. [email protected] | Cholee— . Medium | 800- 800 pounds ...... . 18.25@17 73 160- 220 pounds ; [email protected]| 300-1000 pounds ............ [email protected] LINOLEUM | Pavey Sows Soo: 300 pound [email protected] Good to Cholce— Jy ounds .... é > EN irrrri Tet 300-1000 pounds resisareses [email protected] 330- 400 pounds ............. 14.10 500- 900 POUNAS .u.iensvene. 13.508 15. 28 | f— Common — po. 450 450 pounds .......evu00n 14.10 800- 800 pounds ............ 11.00018.25] wee 280- Re ds 13.1 - Com (all vaiehte) < BON hi Pn [email protected]| 00a : [email protected] | Se Medium to Geode | Medium ‘i en 11.28 13.28) All Types of 90- 120 pouhds . [email protected]| Tuner and ; ommn rinssnsss, S80 METAL MOULDINGS — is 44 waghho and Sink Rims for { Chotce— : gv) (all weights) 8 | "100- 900 pounds ............ 18.73017.73| Satsage RA rervervas 13.5014 30 Your Kitchen Cabinets | 00-1100 pounds = W18GITTS| “Gond . [email protected] FREE DELIVERY pounds ke 18.05! Medium [email protected] J d Li le j 1300-1300 pounds .. . ei Cutter and common 3.00G11 00 ordan Linoleum Co. T00- 800 pounds ....uuse. 13 [email protected] | CALVES (400) 8.N. DELAWARE ST.‘ RI1-9909 |{,100:1300 pounds ......0 0") [email protected]| 0000 and choice 17.508 18.05 1300-1500 pounds .......... 1 5@17. a So PRanon and. medivm 1:00017.50 a and Stocker Cattle and Calves Steers . Safeguard | Choteo 500- 800 pounds ‘va 15 50@18 5 oe 800-1050 PEE YOUR VISION | 2o% oo Rg Know the Condition of Your {-D00- 800 pounds... \yiiri14.00@18:50 Eves We will examine them 800-1050 pounds .,.. 14.00@ 15.50 to determine your needs and | Medium furnish the proper glasses if | 500-1000 pounds 12.00@ 14.00 necessary. | Choice and closely sorted 15.7% . SHEEP (200) We Are Closed Wednesday Afternoon Ewes (Shorn) : Good and choice BONE 200 i” RE n Common and medium T00Q@ 2 00 Choice ‘and closely sorted [email protected] Good and choice ‘ 3 nen » . Medium and good 14 00615 25 Established 35 Years Canon 1 5713.7

+4 BALSANZ TO SPEAK

Arthur

Balsanz

airector

{sonnel of American-Marietta Co nf

Chicago, will speak on "Value of Public Speaking to the Business | Man,” at the meeting of the In-

| dianapoliz control nf the Gontone +1 |

{ Institute of America at 6 p. m. to-

morrow

GUARANTEED VAL AT OUR USUAL

IE TIT 3s i IE X3

11%

RE-ROOF NOW Immediate Application

p RIAL APPLIANCES INSULATION

N00

00D PAY

at Hotel Lincoln

There are Good Jobs for You ot the Telephone Company

2 STEADY EMPLOYMENT

% PLEASANT WORKING - CONDITIONS

Come in ond talk it evar with us

0 N. Meridian 5t

LT)

| bearing the legend “No Place to

| tractor.

per-

Otis & Cor Gels Gets Shares in Competitive Bidding.

The highest of four bidders when Indianapolis Power & Light Co stock was sold through competitive bidding yesterday, was the Cleveland investment firm of Otis & Co. The firm purchased 1,000,000 shares of preferred stock and 142,967 shares of common stock. Otis & Co. which staged a fight to have the public service commission order the light company to sell its stock through competitive bidding rather than through private negotiations, paid $15,651,510 for the stock, $1,900,000 more than the stock would have sold for through original financing methods. An Otis & Co. representative, Harry W. Irwin, said the difference between the indicated offering prices on the original negotiation was $108 on preferred stock and $24 on common stock, compared to the competitive sale price of $115 on preferred and $31 on common. The three other bidders on the stocks were members of the original syndicate, headed by Lehman Brothers, The second highest bidder was a joint bid of Lehman Bros, First Boston Goldman, Sachs & Co. of York, which offered $15,507,077. Preferred stockholders have until May 3 to exchange their present shares for new ones. The new ones will yield almost 3!2 per cent based on the $115 offering price, but holders will have to add $1.97 for each share. Common stockholders may buy one new share of common for each five held. unt; until May 17.

MINIATURE HEATER WARMS 5 ROOMS:

PHILADELPHIA, April 23 (U P.).—A miniature heater that cats warm a five-room house in three

Wanted: Landing field for stork, So Stuart Karbel turned sandwich man when he went house-hunting in Hollywood, Cal.

Tia 2 New Tenting in the park was foot a Cleveland newsman’s stunt here, but some people resorted to It to find a home,

TIA Post- war. Draem Home Is Where You Find I+ 0HI0 FIM § GETS | award R. Meeker. Elected And a Doll House Will Do If You Can Move in

the staff of J. D. Adams Manufac- | turing Co. as an engineer, Howard

R. Meeker has become president of |

the Indianapolis firm, He ‘was. elected at the .annual stockholders’ meeting held vyester-

‘day at the plant, 217 S. Belmont

ave, to succeed Roy E. Adams who has served as both chairman of the board of directors and ‘president. Mr. Adams retains the office of board chairman. At the meeting the board also declared a quarterly dividend of 20 cents per share of capital payable June 29 to stockholders of record at the close of business June 15. Mr. Meeker joined ‘the road building machinery firm in 1913 in the engineering department after graduation from Purdue university. In 1917 he became factory manager and served in this capacity 1925 when he entered the sales department as division sales manager. In 1930 he became general sales manager and served in that -capacity until 1939 when he became executive vice president, Other officers re-elected at the directors’ meeting wer: Floyd D.

{ Wallace, vice president; William W.|

White, secretary-treasurer; C. C.

stock |

until [.

LIGHT 00, £0. STOCK President of J. D. Adams Co.

Thirty-three years after he’ joined

Howard R. Meeker

Reed, assistant secretary, and W. E. Tirmenstein, assistant treasurer. At the stockholders’ meeting, the following directors .wers elected: Mr. Adams, William W. White, Morris L. Brown, Joseph W. Hart-

{ley, Harry T. Ice, Mr. Meeker, {Virges E. Trimble, William H. Macomber, James A. Ross, Floyd

'D. Wallace and Clifford C. Reed.

| LOCAL ISSUES

~GOrPr—=ant-

Nominal quotations furnished by Indi.

anapolis securities dealers: STOCKS Bid. Asked Agent Fin Corp com ...... wie TH a Agents Fin Corp la . 20 Ames States pfd 25 Amer States cl A . “ Amer States cl B ver L 8 Ayres 4% % pid . Ayrshire Col com .,.......... 33 It R Stk Yds wn 40 Belt R Stk Yds wie Bobbs-Merrill ols pid’ ae Bobbs-Merrill com .... ia Central Soya com ........ 62! Circle Theater com ........... 6 “a Comwith Loan 4% pid ....... 105 Cons Fin Corp pid 9 at Delta Electric com 19 Electronic Lab com .. 67 Ft Wayne & Jackson RR pid’ 106 109 Herft-Joffies Co ¢l A pfd ...... 11% ee ook Drug Co edm ......:. 2% ws qd Asso Tel Co 2 pid ....... 52 ee Ind & Mich Elec 4'2% pfd... 11% : Indpls P & L com .......... 31 32! Indpils P & L pid .......... 111% 113% Indianapolis Water pf . vs 112 113 Indpls Water Class A com... 21 22% | Indpls Railways com .. ...... 1

Jeff Nat Life com ............ Kingan & Co com .

| minutes was offered to America’s streetcar in the background . is | home-owners today. home of Mrs. Edith Sands ang} The unit, smallest on the post-| her family in Chicago. |war market, is on display at tne] 17th annual national oil heat expo-! | sition which opened at the Com-| | mercial Museum here. Measuring 44 inches long and 21! { inches wide, and weighing 187 Rewards Offered | pounds, the unit is equipped with | Ex-paratrooper Stuart Karbel, his'a tray-like filter that removes dust | wife expecting a child, paraded the and dirt from the air. An auto- | streets of Hollywood, Cal. between | Matic humidifier’ imparts moisture. |

and a circulating fan. providing al a Sn oars we Je ies a complete change of air in the home|

8 Vi where to deliver the new baby, and Ix Hives every TO Cop. - | nounced that a larger unit, with Jtwice the heating capacity, can be used for stores, restaurants, general farm buildings and homes of | more than five rooms.

U. S. STATEMENT

i WASHINGTON, April 23 (OU. P.) —Govng a houseboat on the shore of | ernment expenses and receipts for the

the Delaware river near Trenton, {current fiscal year through April 19 comth ear ago: N. J. And navy electrician’'s mate {pared with a Th BS Last Vout Bill Snyder couldn't wait for a con- | Expenses "$54,210,635 "033 $78,634,955,917 y | War Spend. .. 42,924,382,004 71,524,143,721 .. 34,842,791,583 36,450,659,707 . 19,367,838,450 42,184,295,700

End of trolley line? Nope, That

passed out handbills in the streets of Columbus, Oy. in an effort |

In Washington, D. C., a baker of-

apartment. Veterans

Joseph J. Cook and|

| Receipts He borrowed some books from the | Net Def.

*Kingan & Co pfd Lincoln Loan co 5% fd Lincoln Nat Life com .... P R Mallory com .. . ! Marmon-Herrington com Mastic Asphalt {Natl Homes com N Ind Pub Berv 57 | Piogrsts Laundry com ub Serv of Ind 57 | Pub Serv of Ind com ‘Bo Ind G & 8 437% & B 4837

com...

Ind G pfd

Sen Van Camp pfd 21% 22 Stokely-Van Camp com 33 34 Terre Haute Malleable ...... 8% U 8 Machine com .......... 3% United Tel Co 5% ......... ge Union Title: com. <........... 34 . Bonds American Loan 4%s 55 ..... 27 . { American Loan 4!2s 60 ..... 87 . Buhner Pertilizer 5s 54...... 98 Ch of Com Bldg 4'zs 61 .... 9414 Citizens Ind Tel 42s 61..... 103 Columbia Club 1%s 5s........ ” Consol Pin 5s 58.............

*Ex-dividend.

SEES U. S. WHEAT OFFER AID TO STATE

The 30-cents-a-bushel premium | for wheat, offered by the govern-

"| ment to aid the international food

crisis, would add $450,000 to the farm income in Indiana if the en-

.| tire farm-stored grain is delivered 2| prior to the May 25 deadline, L. M. "| Vogler said today. The state director of the produc-|

*| tion and marketing administration | -| said there was more than a million! "land a half bushels of farm-stored| .| wheat in the state.

Under the emergency wheat purchase program, Mr. Vogler ex-

| plained, farmers may deliver grain : :~1to local elevators under “contract| *l of sale” to the Credit Commodity -| Corp. The grower may sell at the

prevailing market price or accept| the market price on any date between the day of delivery and June| 15.

Mr. Vogler said that | program is in effect for farm-stored

‘scorn with no terminating date yet | 9v, | announced. 4

TRUCK WHEAT

Indianapolis flour mills and grain vators are paying £1.73 per bushel oe No. 1 red wheat (other grades on their merits); oats, No. 3 white or No. 2 red testing 34 lbs. or better, 78c; corn, No. 3 yellow shelled, $1.11 per. bushel and No. 2 ¥hite shelled corn, $1.

The premium will be paid in! "| both instances. a similar/

TUESDAY, APRIL.23, 1948

TWO SURRENDER IN USED CAR VIOLATION

" DETROIT, April 23. (U. P) ~~ Two Kentucky defendants of the 31 persons charged in federal indicte ments . with operation of a ninestate, multi-million dollar black

here yesterday. John C. A. Nelson, 45, Pp ducah, and. B. H. Brown, 57, rray, pleaded not guilty before Federal Judge Arthur F. Lederle and were released on bond of $1000 each, The district attorney's office ane nounced warrants had been issued for Jack Sellers and John L, Roba ertson, defendants. Previously, Ben Fishel, 33, Cairo, Ill, pleaded innocent there and was free on $2500 bond pending transfer to Detroit for trial. Federal authorities said Mr, Fishel and his wife, Dorothy, 28, were ring leaders in the glack mare ket, they were named in a separate indictment at Danville, ni, charging them with sale of thousands of ears for an illegal gain of $500,000.

rt —————————————

ERIC A. JOHNSTON BETS ON CAPITALISM

SOUTH BEND, Ind. April 23 (U, P.).—Eric A, Johnston president of the United States Chamber of Commerce and new motion picture czar, was on record today as “bete ting on capitalism” in the mount ing fight between capitalists and Communists, “Capitalism can use some of ths crusading spirit of communism,” he told the South Bend Association of

Commerce last night, “but I'm bete ting on capitalism.” “Communism is a theory bu

capitalism is an accepted and tough | fact,” he said.

| 8

| 3

| &

CRAIN D) EY

Hoosier Crown 5s 56 PE 101 Indpls P & L 3%s 70.. Indpls Railway Co 5s 57.. . 9 Ind Assoc Tel Co > ® ve Si i | Indpls Water Co s weed . Kuhner Packing Co 4s 54.....100 Bonds of the United N Ind Pub Serv 3%s 713 rien 2004 108% Pub Serv of Ind 3%s 75...... 107% 108% ps Pub Tel 4%8%85... ...0ors.. 00 Its Territories and Trae Term Corp 35s 67 . 97 100 H J Williamson Inc 5s 55.... 98

LOCAL PRODUCE

PRICES FOR PLANT DELIVERY Poultry: Hens, 4% Ibs. and

Municipal and Corporate Securities

a Real Estate Bonds and Preferred Stocks »

over, 2¢;|

States Government,

Insular Possessions

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