Indianapolis Times, Indianapolis, Marion County, 28 February 1947 — Page 24

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"46 Profit Sharing : Statement Issued Profit sharing statements for 146

ig He Hopes fo Retire af 25 i $100,000 and Idea for Children's Records - Put Howard Styne in Platter Business "By ROBERT RICHARDS . ’

. Tied United Press Staff Correspondent NEW YORK, Feb, 28-—Howard Styne is president of a $250,000

have been distributed to 329 local —The national labor relations board . ¢ at cutting down union raids on each Nope. * The poor guy 1s working overtime 80 that he can retire Proceeds have been credited to each at 28.

employee's account in the firms savings and profit sharing pension fund. i) All employees are eligible after one year of service, Those now sharing have to their credit a cash balance of $125,874.38 and an aggregate of 13,518 shares of Sears

“At 25, I really want to start living,” sald six-foot Mr. Styne. “I want to. turn this business over to someone else and then I'll get serious about music.” Howard, a recent graduate of Juilliard school of music, isn't exactly ignoring the high notes now, He's in the midst of writing tunes for two Broadway musicals. One, “Roast Beef and Roses,” will be produced next fall by Al Borde. The other, , “Wedding Ring,” is scheduled for action at about the same time. Songwriter, Producer “I've got it all figured out,” Mr. Styne said. “I'm going to be a combination ' Broadway songwriter and producer. And I'll be good.”

Mr. Styne started his present

T1048 Christ,” narrated by Msgr. Fulton J. Sheen, with an introduction by Francis Cardinal Spellman, 18 on Staff “Then Mrs. Roosevelt has written us a story about her grandchildren, called ‘Bobby and Betty in Washington,'” he sald. “We're doing those three for children and then I plan to branch out into adult stuff.” Mr, Styne has a staff of 18, nét including" distrib , at work in his Brooklyn office. and he’s planning immediate expansion. The blue-eyed, brown - haired

service with Sears had credited to their acgounts $1.27 for every dollar they themselves contributed. Employees who have been with the company from

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: LO (Ind) for a bargaining election at/company, Monarch Records, last|youth is’handsome but there's no ice, the company. placed $3.81 : TUNONE C2) NUE $ $5 Sa the plant of Reed Roller Bit Co, |NOvember with an idea and $100,000 use in getting excited about hum,|the fund fo revery dollar Ly i Mr. Lucey oof up in those ’ 1944 1945 1946 °|—the last named item probably gals, the member. ‘The fourth | first héctic days of the war when 134 oi 192 i - ie ‘Houston, Tex. The companys 2000|,.,.¢ the more essential. steady date is 20-year-old |pating group, employees over 86 © the threat of close-venturing sub- HOW SAFE IS AIR TRAVEL?—The recent deaths of 53 people in the crash of a Smpieyecs Se TOW eMac ied “Just & few years ago, 1 was a Doris Gimbel, daughter of Elas|years of age with over 18 years marines and airplane bombings] Colombian Avianca airliner near Bogota, Colombia, and numerous other fatal air acci- |e pp a conteack They kid too” Howard said. <1 listened|Gimbel of the department Store service, received 45.08 from the. || Seemed real. dents since New Year's once more focus the spotlight on air travel safety. Although [until Aug. 30, 1947, a two-year|to #il those corny records that kigs/clan. company for every dollar deposited. No private insurance companies . pe : t. must put up with—-Mother Goose, And she's about all I can han- | sould take such a colossal insurance] most of the crashes were of foreign, military or non-scheduled planes, formerly air- agreement. thé “board has heid|8nd all that type of stuff dle,” he said. : Local risk, but the government did.| minded Americans are getting jittery about flying. Cold statistics, from civil aeronau- |uer coon a Jeane tract dia], “Well. T got pretty fed up with - ocal Produce Newly mine ED a ro tics board records, indicate that up to the end of 1946, American flying was safer |not bar a collective bargaining etec- |! 20d fT o something Power & Light Co. PRICES YOR TLANY DELIVERS . E pillion. than ever. As top chart shows, U. S. planes flew 6:046,000,000 passenger-miles in |tion Toned wy aa Siiaide ution Starts in Record Field ‘Declares Dividend andr, Tho; Coghs V8 ibe. ana over, Bei ; But only a small fistful of money| | 945, with 75 passengers killed in accidents. But this is only 1.24 fatalities per 100, |for one year. So he took the $100,000, inherited A dividend of 35 cents a share on | oer es ti Sait, tas. geen ; No. Was put out in payment of claims! 00)) 000 passenger-miles flown—lowest fatality rate in U. S. airline history, In 1942, | “We think” the board said in its|from his father’ estate, and started ‘common stock, payable April 15, has| Butteriat. No. 1. ee; Wo. % we “- Re Losses Small Ith h ly 55 killed. th + 3.66 100.000.,000 ssenqer- decision, “that the time has come|in the record field. {been declared by directors of the |3sc; grade A large, 40c; medium, 350; ne i Siben hare at home "es 3 result, 2 'OUCH ORY 03 DASSENQErs were kilac: Me 1818 was TD ILMAL, passeng when stability of industrial rela-| “Our first album was about Fala's| Indianapolis Power & Light Co. Reade, 3%. dt of enemy attack or action of the] Miles. Bottom chart shows the record for international flying, where the fatality rate |tions can be better served, without|life at the White House,” he said.| It will be paid to stockholders of Truck Wh \ ; military, naval or air forces of the| per 100,000,000 passenger-miles was 3.64 in 1945 and 3.52 in 1946. unreasonably restricting employees|“It was only released a few months record April 2. | ruc eat U. 5. in resisting enemy sttack” 3 : k in their right to change representa-|ago, but we've already sold 75000! The regular quarterly dividend oly Tadlans is’ fou Bie and Pain lee Were " fal only INDIANAPOLIS JEAmN G HOUSE |. 0 by refusing to interfere with albums.” ’ : {$1 a share on preferred stock, Pay- | vators ape ~ $2.30 bushel for about &_ half-million dollars now, Few Want Job Jlentings .:...ivniicsnnessas: %,3:]08.0 | bargaining relations secured by col-| The state of New Jersey is buying able April 1, also has been declared. No. 1 truck wheat: new No. 3 yellow with some claims still to be settled. 1 FT ues Foc ih Meath “+ lective agreements of two years'[the album for its public schools. (It Will be paid to stockholders of (IT4F per’ biel: oats ian vid A Jap submarine lobbed a few Of Policewoman DARL -reoeiiiees sree SU ee duration. Next Mr. Styne plans a “Life of record March 17. rer ve pe ushet:, %o. I shells ashore on the West coast, 4 ’ = ; ] er Ss pom. Some Hume acsieis retirement plan, and good hours, = | » 3 i But the ES 0 Bouse leveled few applications for policewomen 2 never materialized. ; jobs have been received to date, { So the U. 8. government, which Capt. Golden Reynolds, juvenile aid ; took the uge underwriting risk, head, said today. % : winds up a profit. Applications are being made Sw pliey helters have Sed available through the board of safeSi} 1, FECOVer Premiums on the ty for a 30-day period ending AN - ground that they were excessive March 24. Applicants must be be- 5 . Sa hat Ye 8 got Inge tween the ages of 24 and 35. Al- ‘ : 11 uates or persons } ! = ‘ 3% mewn among policyholders have are preferred it isn't necessary, i elqg been introduced in congress. Capt. Reynolds said: * : : a U. 8. Took the Risk S juveniles will constitute 5 : Ee But the answer of the Recon- : ! mainly the duties of policewomen = aaa : struction: finance Corp., parent of NATIONAL HONOR and at least applicants are > : HAM {War Damage Corp,” is that the Henry W. Manz (above), busi |2oPed for Sing the J periog, . ~~ government took the risk and is f T h Capt. Reynolds said.. : : ane i © entitled to the profit which hap-| Ness manager of Ihe limes, has | Beginning salary is $2400 a year : | hy Hepburn pens to remain. been elected to the board of |with a regular appointment to the & 2 SMAR’ 5 Fire insurance premiums are not| directors of the National Better |police force and a 20 to 25 year : $ - SAT. NAT. i refunded simply because the policy-| Business Bureau, Inc. pension retirement plan. Te . ! SAT. 4

- - ! pointed out. > il PARAM 4 “Policyholders got what they paid IX qg St d d St g J 'B = for—prdtection,” say officials. o S ed an ron ¥ ’ or \ ; Joan Les wien on pve eins wa Open 25¢ to 50c Lower ( / MECCA : on ~ their contents. About the same on pen cio c ; 0 ~ Ce GUY ee ce findings and MEI-| poo prices rounded out steady to strong after opening 25 to 50) J atime | A other similiar amount on _|cents lower at the Indianapolis stockyards today. = i TACOMA 4 plants : mam A steady clean-up trade cleared the meager cattle supply. Vealers, . 3 A OB More than half of all insurance |*DeeP 80d lambs were steady. N Sd yy, : LS Garren TDA arith was in New York, New Jer-| goon 10 .cuoice mods ce iL} TUxEDC and California. 25.50 Dry Cleaners : Jane Russ Both U. 8. Steel Corp. and Amer-| } 2.00 : wt “HOME ON fean Telephone & Telegraph Co. 2.0 * » “= insured for more tham a billion 28.35 Join Institute | 5, : iy each, and paid annual premiums of ro i ~ 2 about $1% million. 2% | : . Biggest Task Ahead ‘0! Ten dry cledning firms have i The government did not set up 7:5 joined W Iorm the .Retall Dry r : { sf Erm 0 wh a | et vm abdomen The Red Cross Emblem Stands for insurance program. More than 500] 270- pounds Seekers 35.5 en for the purpose of exchanging ideas : [TTI : insurance i and 83 sssntnasses " J] 4 «. casualty and murety companies| ee bounis [iii REame| i, SHabUShing high ethical Sacred Principles Which Engender 1 : age corporation in receiving appli- Center Inc.; Darko & R | ations and premiums’ and’ ising Gel aj DUE espect au Over the World! Sat. } At the peak of- the program only pfu AL. Daman Olennizs : / CAR’ ] & half-dozen or so persons were Servi Alin Inc.: / oe w employed in this huge operation by oe. Diy Clasters, : / LL IN the government. s : 00 Gregg & Son, Inc.; Swiss Cleaners, REGUL! The biggest task ahead, which |i} Soa sol oc 0 er Durie ! : | must be accomplished before the | 00-19 Maso and Chas. alkge Ds eaer 5 ; 3 ; ani te . Insurance corporation can be liqui- 8 sorersiernes NQEN rr nT Sines wgrollbs iT IS THE BANNER under which all peoples serve — without national STRANI | dated, involves auditing of the rec-{,900-1100 pounds 1111110! 31 80g 24.00 go to Chicago tomorrow for the ' \ ; al ords of the 600 participating comi- |1300-1500 Pounds 1150024.00 var Soren of Sin) ; SSOMEWHE pe . Medium— : i y » “ . Ye of Je . * panies. i may be a year or more |{Ll0 BOWE vv... 2083150 to be held there at the Navy Pler. | ] religious or racial partiality — in building the structure of international “DANGEI before the treasury finally gets its COMMIDL nda Al : v SAT. CARTOO hands on the estimated $210 million id Local ‘Issues 4

profit to be available. Good— A reserve of $2 million has been set up to provide payment of pend-

Nominal quotations furnished anapolis securities dealers:

. peace, good will and humanity.

by Indi.

ing claims. In fiscal 1946, about 800 ” Bid Asked » . : . . claims were filed against the war |qooq Alerican tates pid »:1uii: nw . IT IS THE OFFICIAL INSIGNIA — by international treaty — of the oy ’ Tonite, 5: Samage corporation ‘and of these American States cl eens "ers 3 “i , Ps i Matsaret were : avevaaee Sek gare paid and two denied Bulle tal wa Ayrshire Col eT i 8% . A . . “iis “Our Yin Beet— * Yuights Belt R Sk Ya pId eorninirs 80 0, medical services of the armies and navies and the Red Cross Societies 20 Good (all weights) “........ [email protected] | Bobbs-Merrill cOM. +.....0e.. 16 i 8 . John urt eaping Good" 16.000 16.80 | Circle. Theaver ‘oom |... noo vr WSOMEW “users snaaretantniny A 2 CALE COM ....ovveee - ediim ...............0000. [email protected] 1 g ‘ {3 5 Prom Wil d Tr oll ey Cutter and medium «.... 1: [email protected] Conoliaidp Todo ie wom a of the world. '§ Hab Sate. CALVES (500) onsolida ustries pid.. : ! a AA Good abd eBolce........ .\ ; : Cons Pin Corp. pfd............ ” Yass . p BIRMINGHAM, Als, Feb. 28 (U,|Common snd media ste 35 730 A J a THR 1 - iy k: b- ~The F2hOPpS and! Pool) Tweye J IUIES UD) +2iyiars, h OV | Pt Wayne & Jackson RR pfd.. 92 ” | . 630 E halls of Tuxedo Junction added the Feeder and Btonker Cattle and Calves Horll-Janes 3 ADI couse au Hv UNDER THIS SYMBOL OF HUMANITY, your American Red Cross Ponite, 5¢ ld ride of a runaway trolley to Cholos, pounds 5 ”» Jud 3 a Sa 1 POR 40% Bl1% | , Peter Lo . the lore of the Negro community 00-1060 pounds 111111111 17.50 18.50 Ind &bech Eheo Vin id 100 sith, ; Jaod 1947 zor i today, pu ndp! COB... cvvsvven 91% Hf Ee 500- 800 pounds ....... sever [email protected] | Indpl % DI ore [ s pledged to ca on in . a - E SETroRimately 20 passengers were wN3.1000 pounds .eivevianees 15.00017.50 tnalanagalis Water Bia crasane 106 pial o . 9 4 i Injured yesterday in leaping from| 500-1000 pounds ............ [email protected] Mer el A com...... 20 3 the moving tear after a Common— Indpls Ralivan OOM "vs duures 3% Wi ; iy ; stree small| "500-900 pounds ............ [email protected] | 11 8 COM ,.ovarevaees . . i iy &: Adults, 28¢fire biojte ont in the control box, CALVES (525) a of Co tom raver He I THE NEED FOR AID to stricken human beings never ends. The need for funds - op Demnls forcing motorman away from Aakibe Lincoln Nat Life 5% pid. ..... 5 61% ® ; Te Wo 5! the front of the car. osely sorted... 23.78 Lincoln Loan Co Bl pfd..... ou - ; Willard Park An alert conductor fer Good and choles ............ [email protected] | Mt mon Joiring n com ..... a Ya | v s Baur : hod EE oy re A Jerend She idium 404 400d ........... 1§30ga130 Natl Somes a i Be to continue this noblest aspiration of mankind never ends. < i came, i» . ’ Ewes (Shorn) . i to GLE & dup our « rhe : sto at the bot- Good and choice .......... 0000 7.50! *P RM 1d YT, wee 10 Hn ’ Gage iy ' Clagdette AR But while the stnking roa ommon and medium......., 5.50@ 6.00 Progren laid 23% 8% : : fre hy & iy A : 4 “Tomo ¥en . iq’ *Pub Be f 5 ’ xe R | - rolling ‘ down the grade, panicky New Cleaner Rosy Sear’ & Tool an =n YOUR SUPPORT IS ESSENTIAL! Syivia. Sid Passengers jumped from doors and Stokely-Van Camp ER — , — - Ww windows In view of gaping onlook-| Trill, 8 new soapless detergent, Stokely_Van Camp com '...... a ay ty : ; . y . or lu the ‘Junction area, madelis now available in “local stores. (3 8 Machine com -......\:! 3° 3 ! » . SPEED |: nous & Popular song. One|The cleaner was produced at Ar- [Union Title om... ier: a, nes i te. | ® b aiNGEL mour laboratories and Armour: & American Loa. Ae wi ’ : 3 p ! n 4%8 60.....i 91 o... iy : : " ' DAIS or them. Sn. 5s Sls. ©. A. Keun, RUS RR THE | J | ere or TT , I of Armour 0. 18 in charge of of Com 8 61...:. 96 hi . ir ; A Bn ; i eT Statements : local sales. The soap is manufac- Columbia, Clun” 2s Bs ng ph 41 : : 1 : " i OLD T STAT , : an» ; see & i — a " Delt i a { - via . William oon oo | red tn Loutsvile, Ky. Hamicon. Mg Co so 4817500 B11 fi: ist | Indi li | fan ; Hh isch 3 i TN ] ndpia rss Alun Bs 56.. Noon : ! : “nil n lanapo Is { i er Pry ..26 com- | JAMMOND GETS FM PERMIT Indpls PAL 34s ee a 1% a : gible Year last Year | WASHINGTON, Feb. 28 (U. P). fod Amo T eo 5 oN ah j eves 3 win ~The federal communications com- Kuhner packing Co dn ber... 8 : . ® ug ia | Nlsston today suthorized a finallX Ind Pub Serv ies TI... 108% 1014 #047 | rant for an FM radio station to|Pus Ter dss gs cir 100

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