Indianapolis Times, Indianapolis, Marion County, 5 May 1947 — Page 15

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3; | oxpaY, MAY § do AR Sl aii THE INDIANAPOLIS Tings _ LL TE Ye nid | High Prices. Appear No. 1 Issue In 19.

BR Business i with a Democrats Factory Workers Student fo Join 5 0 the Repub: | Cost of ! ical House | Street P YP Interested | in “Jobs Wiliam ol} Sheet Pajer

idea to three of o {si ty senior; wil join the staft of the

kh RI. Wine : in Shows 80 Pct. Increase Seek to Pin But Mosh Hold Little Wall Street Journal upon gradua-

1e patriotic vetHope for Promotion Hon in June.

w= {Between 1940 and 1947 Blame on GOP a Ri

of Lebanon and NEW YORK, May 5—The aver- a journalism ma! Electronic Labotoried

t, Mr. Whole

’ “ : . y 1 i "1 age U. 8. factory worker is not over ng the line laid Higher Prices for Materials and Labor: precis Party i | tired and not bored with his job, oa Inuonie Jadics wets shu { with a soleng» i . of gs ! | nce- | % : i Akg toa we] Helping to Throttle Building Boom ill_Pay at Polls Be ey aa Fun Mrs. Herbert L.|Wdlanasolis Ailes dtm 0 Nor had he ever i By NED BROOK By WILLIAM F. McMENAMIN Opinion discloses today. Ransdell Mr to 8 . oe adianepeia d le he learned to do pe) y 8 ' United Press Staff Correspondent d Thi ducted onl Ransdell 1s senior p- m. ‘of 2 wiped Ai Soripps-Howard Staff Writer WASHINGTON, May 5. = High! | E Survey as ton . KB 1 class president; | Was the first in'the United States. occasion “A a a ASHINGTON. May 5.—“What makes homebuilding costs so high?” prices—and who's responsible for| f BmOne ar i ds Te president of the re bi i radje line is py le a hHome-hunters are asking. them—Ilooked more and more toda : Loyalty Leg e mecium price market. a bicycle from = # ouraged y the followin yalty on, ANUS FRianton “Every plece of material and every hour of labor,” builders are|like the No. 1 domestic issue in the iv lg oon $ J 8 Mr. Ransdell Vice-president of TAs model. yuich sel from $2 ; : answering. - 1948 politicdl capaign. ! : Blue Key. senior of: his carefully Government "studies show home costs up to 80 per cent over pre-| The Demoratic national commit- ; 5 Verily-Se¥er Pep A nt men’s honor society, and president to $325, about 10 per cent \ ight and Tepeat- war figures. Industry surveys confirm this and reveal how each item |tee issued, a statement by former Job ¥ are g of Delta Tau Delta. San the Sompany Scignally vi ry to his debut, has advanced. . Together the And. ye economic” stabilizer Chester Bowles Seventy-four per cent do not feel| He ls former editor of the student | po 1 oaele ag the blacksmith's ings justify the fading qf hope for " in its effort to pin the blame on they have to work too fast. directory, the Rhinie Guide, and ai nd-hand bicycle the housing boom of 1947—the fice ut ut or the Republicans, Eighty-eight, per cent believe their |the Butler Collegian, daily news In addition, the company makes { watching at all boom that was to be the pace- Mr, Bowles said the Repubblicans paper. nine versions of its table “etn . setter for other industries invited inflation by leading th jobs are genuinely essential to the og’ on, sure enough, Tie National retin of - er Ja n 32 3 : ey . 3 company’s SUCCESS. Mr. Ransdell also is a member of J Shines heel Jes : Home Builders reports on a typical Finds Wide Fame congress. G ge P Ps n De Eighty per cent are confident they |the Sphinx club, junior men's hon- fot the old Arsenal, BB 8 Tyce o 9.00 rrespons Ys can keep their jobs as long as they |orary; Utes club, sophomore men’'s| Simultaneously with the showing, A | poor Patroclus. c use : iba e said, has cost the American honorary fraternity; Si the firm announced that its billings th It th open-shop city this year. Its cost 2 housewife and businessman $8 bil lke, y 3 sai Delta rest 1 the resu ” » : - i i j n were $1,400,000, highest ght ea ig: was $10779. In 1040 the identical] Aimed Plan as Squeeze ion in the last 10 months and the (mre Hee sabes ar Vos on or, JTotossior! or £7 acy Month ies a of the eting, everybody home was Walls de ow The io-| On Manufacturers “bill” is mounting fast. Forty-one per cent say their jobs Chi, national profehsional jourpal- War. Jo hie scene of crease: nearly per cent. Pay Heavily at Polls will not lead to promotion, even if ism fraternity, and Alpha Delta | Cabinets for the radios are made rom the treach- Comparison of Costs NEWBURYPORT, Mass. Mays “Unless T badly underestimate the done ‘well |Sigma, national advertising honor at the firm's factory at Harbor idiom = Comparisons oF Major els, Boyd PA IthD, Ee van), the 'intelligenice of the people,” Mr. es y : 1 . - : -Of the 33 per cent who would like Society. 25s . | Springs, Mich. a . eluding both labor and ma erie 5 Sema, ng ay aie ag Bowles said, “the Republican party ‘ ; ; to be foremehi, only a third expect es ts Electronic Laboratories now were: SRT Koes ions Wm Sha wil pay heavily at the polls in '48 GET MORE AIR—Row of cylinders set in locomotive pictured [to get the promotion. loys 300 persons here and, 200 at a bs 100 euling Ne op YPor Diab, gee led | for their reckless disregard for the above are "oxygen masks, installed by the Denver & Rio Grande | Only 19 per cent think they will Predict Shortage the Michigan Pinal, Lines ‘are set eens verrieiaetes , [Welfare of Mr. and Mrs. John Q.| Western railroad on steam engines making mountain-climbing |ever have a chance at a job higher| p 'o procuce ios a. aay. ! Land developments .,... 253 538 a squeeze play on manufacturers’ |citisen 9 g 9. Livan loreinsn. Of N | lr The company has 40 distributors } MRsSONIY .............s .. 506 835 had hit a nationwide jackpot. To - similar charges in the past, hauls between Pueblo. Colo. and Salt Lake City, Utah. As grade Forty-nine per cent say they do atura as for its product, about half of ‘the AT Lumber and millwork ...1222 2501| One warm day early last month, Republicans have replied that the| rises, air loses oxygen. This device delivers compensating oxygen HOt Bet aT hate to Pin out their, “WASHINGTON, May 5 (U. P.)—| total it hopes to reach, Distributor " Plumbing ............... 391 640 Mr. Swanson was raking 1eaved in oct congress was Demoeratic-con.| "0, ["¢ fiebox, thus maintaining ‘maximum efficiency and |ouwn ideas on the fob. ‘The natural gas shortage next, win~ {Of Indiana is the Vogue Distribute lawail has been Heating YT I LL LL 441 574 | ‘his garden and worrying about in- trolled. combustion. Forty- -one per cent do not expect | & ing Co., 1016 N. Meridian st. £ s committee. A. Electrical ......ee00ees.. 120 255 flaion. d ; Other price-wage front dessin to be able to retire and live gom-*" Will be a5 prolonged and severe yyy. pop salesmanager for awail. But the Plastering ...cecovvenens 208 - 3i3| Sademy aires Tame 10 im {0r | ments were: ad woe} bn 22.00q24.00 | fOTtabIy at 65. as it was last year, the federal poW- manufacturing firm, said the he house’ rules Concrete ..........000%.. 226 349 Dp yee Penpieat rp ONE: The National Planning i 0g rices 200-1100 POUNAS ...eeevenn... 22.001:24.00| - “The impression grows:that nei-|€’ commission predicted today on pany. will concentrate its sales of d up ever since, Painting and papering... 202 36 [raph & Joi ov ir a. sociation told businessmen that! [100.1300 Bounds vuarsaneieen 23.0000, 30 ther management nor unions are the basis of a nation-wide survey. fords in dense populatiion oenters, of when it will, Overhead ..,......... 250 450 Put 1tihrices will go into a serious slump | Mediiim — facing the facts,” Fortune com-| . spreading out later. : Sales expenses and profit 450 650 Into effect in his small store in|, e¢ they take the lead in re J 1 2 4 700-1100 pounds ...... reels. [email protected] | ments. ! om Somes Sula Hartge eee LA : Podunk.” % um er g 1100-13001 pounds "..2 111i! 18 506 23,00 | TEDLS. |of steel pipe has: created a bottle- STRIKE CLOSES CAR PLAN’ ateheod bill tor The house had 1236 feet of floor Now Rboui S10. biter iti Thia ducing them. It said purchasing! p Commnn. t ‘They seem to be trying to cure | neck in the gas supply. ft has been WORCESTER, AR rant it.. While Hawaii space.. A smaller house (800 feet) week here Lmoriow.. the plan— power is being drained off the mar- 700-1100 ponds ............. 15.00 18.50 the patient with cafeterias, wash- | deluged with applications from nat-| py Production on more tha $1 need is almost of frame construction cost $5639 in which, according to Mr EWOTEOR ket and that this threatens a seri- Fed Steers, : Heifers HEIFERS rooms, and baseball teams on one ural gas pipeline companies for per-| million worth of trackless trolleys tory. It 1s too an open-shop city in the southwest. |, any ’ 10-year-old boy ai inva ous price slump that would damage : : | Chole ORAS. certain 23.256.25.00 side, seniority, shorter hours, and|mission to expand existing facilities. land railway coaches was halted tofms and Shines On this dwelling the comparisons uo, gp F105 Snowballod seres Se Dory as 2 whole : Active, 50c¢ Higher - 800-1000 pounds ............ [email protected] higher pay on the other. But the lack of steel for pipelines|day when 1200 C. I. O. steel workecretary of the on major items were: ihe cou Cady : ousing ministrator . Good — i “Whereas the simple fact is th : ntry. And, Mr. Swanson . | 600- B00 Pounds .....eeeern... [email protected] Pp: act is at will continue to hold up construc-lers in the Greendale plant of the ho has worked : ; 1940 1947 iii its “real strategy” will be- Raymond M. Foley said there is. Fed steers and heifers were ac-| 300.1100 pounds .. [email protected] | the worker wants to be treated like tion for many months, the commis- | Pullman-Standard Car Manufacg the past year Land and utilities ..... $300 $550 come apparent as time oh serious danger of public resistance tive to 50 cents higher at the In- {Medium ry en a human being. He wants to be | sion said. turing Co. quit work in a wage dison. ; Lumber, millwork, roofingl1143 17421 "x "on Lo) wih Feonomiste | 0. [igh prices in the building in-|4iananolis stockyards today. | Common Deas 109032. | able to. hopewfor advancement, to, The coming shortage of natural| puté. s defenses today - HEE Plumbing ............... 386 145) 3 dustry and added that labor and ! 560- 900 pounds ....... .. [email protected] | have h t eff . . 3} ; Plumbing .......... We do not quarrel with the Vealers were steady while fat| i have honest effort recognized, and gas will extend from the Rocky : -war level. And Painting and decorating. 175 385), onic theory that the plan is guoney Sous 2 operate to reduce bE wee Hoong y Hog phi! Good. Cows (all: weights) re s0ataseld have an outlet for personal in- | Movriain states to New York state,| INDIANAPOLIS CLEARING HOUSE | ter labor ........ 320 825 ” construction costs. : CUUIUUUIIIINL [email protected] | itiative.” the survey indica GUAT or .orenseiresvannentes a5 : 2,000 troops still Carper d 120 216 unsoung, he said. ; THREE: President Truman jumped $1.25 with top price of Cuter and common ....... NT 11754 15.00 y ic ; Debits... csineeneess uiiie . « ernead ......veevesoee But certainly we do not think ised the Nati i : $24.50." DDer ...........o.iieel . [email protected] : ® group consis) Profit .......... veveesess 360 550 that the present ill-balanced price pra Wl S1ion8; Astociation of rns Bulls (all weights) : : heavier. plates, Raymond M. Foley, national hous- structure of the country is econom- plessler® Inc. Yor, asking - #5 GOOD TO CHOICE HOGS (5223) Beetes e vast territory ymon( ; members to make an “honest con- Butch Good (all weights) ........ 17.50% 18.00 ar will tome if ing administrator, says prospects are ically sound. We want to instill in tribution” to a sound economy b ’ gens = v5 | Sausage— - et for “declining cost levels in 1947, the consumers’ minds the idea that reducing costs where possible bi Logg aaa x 1 in ECR 17.506 18.00 hs due largely to a more adequate vol- prices can go only one way—down. | reiterated that high costs must be| 18- 200 es ireiahy eh Satis] er feasyoid 18.004 17.89 OE . ume of building materials with re-| “If consumers don't buy while| eqiced in “all segments of our| 200- 220 pounds 2352430] Outter and medium ........ [email protected] ve were drifting sulting greater efficiency and re-| Fijoes ape too high,” he continued, economy.” 30. 30 pounds To0uauag SL 2 CALVES (650) hile we talk big duced building time.” | Storekeepers ®ill be afraid to add| “pOUR: The chamber of com-| Zi 200 Bounds ... 2 I | Ton Aad medivil eI rg . fail x Urges Less Waste |to their inventories. Then whole- merce . of the United States said! 330- 360 pounds 21.00@ 21 50 | Culls (75 pounds up) ........ [email protected] we fail to take {s! |salers” won't be able to get rid of that d d | Medium — Feeder and Stocker Cattle“ and Calves » that national His formula for bringing cols ¢heir socks. 80 it'll finally come 8 second. found of Wage “IN| sey. 50 pounds. ..... 19.0987 steers . Statehood for down is “ine 8 emelency, 1958 right down to the manufacturer|Cre cs May make it difficult to Packing Sows Choice— : a : wasteful methods in the Industry. | who be forced to reduce his prices. [Pr oc * further increase in the Good to Choice 0 vazni0] Sou 300 FOURS i:seersseyes 18008 19.00 oe removal of restrictive practices bY 1 other words, the old squeeze|® of some manufactured goods.| 300. 330 pounds 0 ODEBOIS onder te ' may also point labor, management and government, | play.” , It contended that while food prices | 3- %0 pounds 21 Bann) 500- 800 POUNAS ...osesn.s «. 18.50@21,00 RRL and Das, and the use of new materials and Twe Caps of Coftee have doubled 1939 levels, non-food| Pounss ; oosaich poundy deve seers. 10918 30, - 06 Suave. 408 techniques.” Once the idea occurred to him,|P''c®® #re up only 31 per cent. 150: th pong: 1202000 | "550.1500 pounds ........... 140081700 be drifting. The. Housing Expediter Frank R. Cree- Mr, Swanson telephoned Norman J. ] Mediu Ca {Sogn 900 pounds ............ [email protected] : complacent past don is less optimistic about the Randall of the Northeast Essex De-| Truck Wheat 20-350 pounds... ure 15.500219.00 SHEEP (1225) ' , | for appropria- possibility of lower prices. He says velopment council. They talked se- a: 120 Slang er Pigs 15.50G.31.00 | Chiolce= IT'S THE SCOOP OF THE ! : they are “leveling off” but he sees riously over two cups of coffee next| Indianapolis flour mills and grain ele- po CATTLE 2075 Ia Flessiy Sorted Carga iyy 3% 528 : ne “appreciable decline for several morning, then convened the city's|) tmer wheat: new No. 2 yellow corm | choo pe Medium and Sood i Tesogan oo iT years.” Industry spokesmen say the key merchants. It was decided to|$!48 per bushel: No. 2 white corn, $1.50] 700- 900 pounds 23.50@26. 5 Common. ..y. 2e<2+ 12001650 SEASON WHEN COUNTRY OR oa Bf t offi : per bushel; oats testing 24 pounds or| 900-1100 pounds ... 24.000126.5 Ewes (Shorm) ' Fa | hope held out by government offi- announce the plan April 19—pa-|petter. 85c; yellow soybeans, 14 per cent | 1100. -1300 pounds . 24. 5021.00 Good and choice ............ 8.00@ 9.00 ) : y eials for lower Prices is drying up|triot's day—"when the shot was moisture, $2.80 per bushel. 300-1500 pounds ... [email protected] | Common. and medium ........ 7.009 8.00 : . their market. fired that was heard ‘round the ) ction _ © Mr. Foley, who also is commis-|world.’” : : CITY SUN MEETS sioner of the federal housing ad- “Our local bankers told us that ¢ Iv 4 . ministration, sees hope that the(& 10 per cent cut wouldn't raise NO MORE SCRUBBING stly temerity to liberal system of mortgage insurance | Harry with the national economy,” an institution, which the house of representatives Mr. Swanson said. “We weren't YOU JUST WIPE OFF the majority of has just voted to continue will stim- |l0oking for 40 or 50 per cent reduc- ; desire to see mre ulate construction of rental homes. tions because they would hurt a INEXPENSIVE, EASY TO INSTALL igorous form of President Truman's housing pro- | lot of people. What we wanted was ' onstituent, The gram for 1947 called for emphasis ® 8radual immediate reduction." erning eye! on rental projects but so far the| Looking back over the past two he says that he results have not been impressive. |%Weeks, Mr. Swanson says he has exactly what it. Out of about 100.000 units, fi-|O0lY One regret —he wished he O Nn oO WwW a dy ever, wrote a mancing of which has been insured /8dn’t received so much personal e thanks to this under the liberalized FHA plan, |BuIslicHY. His fan letters are so . 'The.following only about one-third have been in | ind, he said, that they make him s the story: the rental class. One billion dol-| Plush. and he's been bombarded

lars of FHA's insurance authoriza- | with telegrams.

i Ren © smooth, baked enamel surface | tal patient at St tion has been earmarked for rental L d { Its smooth, baked enam Syriace Mm C. He is a great units, but the volume of loans for | »OCAM ISSUES raised tile effect is easy to wipe clean k, 81 Theres; 1h both sale and rental homes has Nominal -quotations furnished by Indi . ith jam th Its fibre backin i reached only $632 million. anapolis securities dealers: nals win a. Jemp..Ciolh. ’ € Packing e to find anyone STOCKS ips th li H orts question ex- Fewer Rental Homes Bid Asked grips the paste, clings to any smooth, ipy ; - i A : z “a . “yt elieving in. your Meanwhile, the acuteness of the Agents Win Corp com 2% firm dry wall surface, so it's permanent, hat. any person shortage in rental units is empha- | American States cl A ....... 3 cen ; . i with. sized by studies of the Nationally 8 Avres 4'a® pwd ......108 A b-foot length 4!/, ft. deep will cost Association of Rea] Estate Boards| Belt R Stk com ; 3515 nlv 2.70. blessedlvy inexpensive showing that two million homes |p; Stk Yas pid -- ve You -only 4./U. blessealy P ‘ Faw have been taken out of the rental | Bobbs-Merrill com ... 18 Choose from plain, peach, ivory or Svoy pe " market by sales or conversion to|Gimie Thoster com Bs ; bleized effects in | er, Serge Rubin- . eomineicial uses. Oirele Theater sn id ios He 108i green, marbleized effects in ivory. $ | 4 95 fv - i i ‘ - .“s } 2; ° Hinge Pe The association blames t rigid- Sonsoridated Yodusifies com . 3. 5 ‘ . , ! | sful pis H rom ity of rent controls for much of the Sonselidated- indusiries ptd .. Jw 4 b4c running foot Lo a Hh shrinkage, contending" that many Delta Electric com tarares i igh owners have sold their properties] Electronic gom ' ar : : Fdis= : ! Ft. W & Jackson RR pid 1° Floor He Teaderyigis at high prices rather than continue | Her- Jones qd'Ap 353% 2 1 oor Coverings, Fifth Floor d be hung » operate them at low-rent ceil- ind Asso Fe C3 ptd : bird ' gs. n as at com y 2 7 This contention is at least partly ye a pid=suoritd E confirmed by government studies|Indpis P & L 4% pfd ....... 08 10 Ind td... 106 whichshows owner-occupancy at its Indole “ater cl A om ceeekn 20 NY peak level—about 54 per cent. The |Indple Railways com -......13 = ) ve b t | federal home loan bank attributes Kingan & Co com enn. J RY u ure | dome of this increase to “forced”| incon gi Cond ..nrrreee 8, 0 ( sales—cases in which tenants were Lincoln Loan Co 5'2 pfd .+s- 100, 3 | security. compelled to buy homes or hunt for Re wn OR gt een held, Though other living quarters. Rail Hombs Som Sh tae ri a ¢ VY 3% aiiranns. Y n to that of any oy N Ind Pub Serv com ........ ia ET - . allo OM... enna 2 25 EPL a ~~ One Manufacturer in 5 [Frees Taundry com 010 TE : i r to erv of Ind com ........ 42% doy, na. + clear-cut Has Reduced Prices Roe ear don sum BW “ American sister- NEW YORK, May 5 (U. P.).—|S0Ind G & E 43% ped rive. 10015 113i ild be a source of Pear of higher ‘wage demands and |stokely-van Camp oy ius on - ce table. uncertainty about cost of materials Pe te Mai: 7 3] iP Nas .. has discouraged price reductions at United Tel Co 8% nw {| Whether you're in a town or country mood, a - n Title com ee arin 49. iL: : Y nt holds that we the factory level, the National Asso-|" BONDS (this jacket twotpiecer is the casual you'll » totalitarian re- { ciation of Manufacturerssaid today. | xmerican Loan 42s 60... .. 97 ‘ . Secretary Mar~ ‘| Approximately 20 per cent of| American Loan 4's 38 97 (live in and love—now and on through summer. a | 5742 manufacturers queried in an|cn or coer mist on. > " e he did his best i. q Ch of Com Bldg 4128 61 .... 95 ..., : NG s the "Belted Beauty.” a classic fly front, : of defense with N. A. M. survey said they had re-| SUES Io Tei, das 01 ... 1 : scult to reconcile | duced prices on at least one item Consol Fin Ss BB irvine OT ns with a front pleated skirt, Crisply styled : ‘ i this year. ta Coll §%s 86 ............ 95 veo 3 Stalin while re- ; Goodrich Bros 4s deb ....... : ! ! a nal arrangement | Three-fourths of the manufac- Hamilton Mfg Co ba 56 ..... Nr gn "Stonecutter's wonderful, washable, woven : ih oe a turers said that uncertainty .about|inapis Brass & Alun 5656 oF * seersucker in cool black and white or brown and - ed S00D, We MAY || future material costs was the chief Jndbls RL aks 70. .....100% 107° | h h a neighbors don’t | handicap to price reductions. Some ind Asso Tol Go 35 18 Taney yt white . . . with button-on white pique I hy We are.overdoing | 58 per cent claimed the prospect of caters Telsphona: Se or. wh cuffs. Sizes 10 to 18. : : Acs ome say we have | future wage demands as a barrier|N Ind Pub Serv 3%s 79 ..... 108% 107i f . : a “respect for, the || to lower prices and 43 per cent said | Pub Serv of Ind Shes 7 .....107 Block's Sports Shop, Second Floor American state { “low labor efficiency” was a -deter-| Trac Tern Corp 5s 57 ........ 96% 991; : nstitutes the es * : rent-to price reductions. | d pity: Ls BB {Local Produce = i anderstanaing is BR PLANE. BLAST KILLS 9 . Gt

SAN JOSE, Costa Rica, May 5; loro wimmre——— (U. P.).—Reports received. here to- PoE rR DELIVERY 39e; day said that nine persons, tnélud- | Leghorn Springens, 28c; gocks and stags. ing three children, were killed when '{\. and Leghorn: 20. soft mesied cn o a TACA airways plane exploded | ig 26c; No. 2 poultry, 4c less than and burst into flames in the air|"muierai: No. 1, 50: No 3 sc. ‘while flying irom San cage to plies: ¢ Lurks Teseloty 54 Guanacaste. Te Tale 4 large,

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Without it, our ind. Were we to American neighon while we were’ it. The Rfo con--h priority rating. i Noha ma BL

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