Indianapolis Times, Indianapolis, Marion County, 2 June 1947 — Page 8

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personal and resmall enough for , Will be

coupling plates, he believes with a broadcasting

In Sales of Clothing

WASHINGTON, June 3 (U. P.).— Manufacturers are beginning to feel

Business, department publication.

U. S. Seeks to Promote Wearing of Jap Silk

¢ silk. Its motives are not to make the ladies look more beautiful but to reduce the costs of occupying

. The United States Commercial Co, subsidiary of the reconstruction ‘finance corporation, which has. the

bet- | mass production basis by sizes. In

Calves and Sheep Sell Unchanged

Cattle trade at the local stock-

GOOD TO CHOICE HOGS (8373) 120- 140 $22.00€22.75 140- 160 32, 24.50 160- 180 34.350 24.50 180- 300 . MH. 24. 0. 340 TB T8G 3 30 240- 270 a p 270- 300 . nn ni 35. 386 27 Medium— nn 160- 230 [email protected] Good to 270- 300 : 19.50 33% 380 age 360- 400 50@ 19.00 400- 450 pounds’ ............ 18. 19.00 450- 500 pounds ....... evra RoI Medium 250- 350 pounds ............ 15.00917.35 Slaughter Pigs 90- 100 pounds ............ 16350927.00 CATTLE (2625) k- u 26.50 1 25.35@ 27.00 « [email protected] [email protected] « 33. 35.25 + 34.00025.25 see 3, 23.75 a 200838.00 [email protected] 600- 800 pounds ............ NNenN 800-1000 pounds veetene, [email protected]. 600- 800 sesesateeaes 23. 50 800-1000 Joni ssssaseneses [email protected] 500- 900 pounds ............ [email protected] 500- 900 pounds ............ 16.00919.50 * Cows (all weights) ERODE vag nvm isroiin sev vin wa sss 11.25019.00 Mefittm. .....-.neinniannnin. [email protected] Cutter and common ......... 13. 15.35 KORRIBE 7. os nsdn nonasenncnes [email protected] « [email protected]

cheer asnasrense

«eee 17.25018.00 : ieiagia ds vs 18 16.50

taecescesne. 31.00022.00 PEINRNNNNIN [email protected] con ronnenss 16.00019.00

Sih asannane 14.00016.00 SHEEP (325) Serer a 2. Sa vR Chas ake ) 0D 22.00 BR §U0d urs eoeneee. 18 HGS Ewes (Shorn) sah weg | X

split of the company’s $5 par value stock, it was announced today.

Local Produce

PRICES FOR PLANT D

Poultry 3 lbs vey 32 : . and over, * Leghorn angen, 2%c; cocks and A% and I Leghorns, 125; ft ‘meated hick ; 80! - ts, 5c; 3 poultry, de less than No.

Butterfat: No. 1, $c; No. 3, Sée.

‘| more than seven years ago

For the state as a whole property

$142,191,070 in 1947. The association charged that lack of interest on the part of taxpayers was responsible for the continuous climb of the tax rate since 1935. Urges ‘Economy’ Drive Explaining that budgets determine what the rates

Brakes Urged

Engineers Want Power Operation Science Service

Recommendations were made for the installation of larger relay-emer-gency valves, or one such valve for each pair of brake chambers. Included also are short-throw, largesize foot valves. In addition to well-balanced, fast-

binations, he asserted, should be equipped to that the driver still may apply the brakes in case of a broken

Eggs: Current 5 to case, 3c; H : rade A Bro ae i no

application line.

One Nickel B

CIUDAD TRUPILLO, |

And while prices havy risen slightly

Dominican money has the same value as United States. American paper dollars still are used all over the country. A pound of fresh butter—in from the farm yesterday—costs only 39 cents, There's plenty of beef, selling at prices about half of those in the States. Vegetables are as plentiful as native fruits—and about as cheap. Clothing and shoes are inexpensive, too, although natives complain that the price of the latter is going “too high.” There are few stock models of shoes as we know them in the United States. Shoes are not on a

the Dominican Republic they are

spl opportunities for advancement is energetic and shows a willing-

; YOUNG MAN WANTED i TO LEARN ADVERTISING

We have an opening In our advertising department

u for a bright young ‘man, 18 to 20 years, who would #4 ™ like to learn the advertising business from the ground up. Work entails advertisements and proofs to

carrying advertisers and this néwspaper in our department, :

weekly. 5-Day 40-hour off. - Hours 7:30

Indianapolis Times, 214 W, AM

uys a Lobster

In the Dominican Republic

Prices Are Up a Bit, but Not Even

The Peasants Are Complaining By H. STUART MORRISON

are no food shortages in this eapital city even the peasants are not complaining,

Five gallons of shrimp can still be purchased for 20 cents. One nickel wil buy a lobster, and 2 cents a dozen avocado pears.

Correspondent Republic, June 2—There of the Dominican Republic. since I was here nine months ago,

almost all custom-made, All over the city are little shoe factories, family operated.

Also John—or his wife, or both— opening up a lot of new charge

weren't active during the war.

ing nylons to credit customers, women began opening such accounts everywhere they thought there might be nylons. This created a temporary flurry in credit circles. But the stores discovered that women wha thought they were only looking for nylons actually bought other things, and many such accounts turned into good ones. Except for that unusual situation, the demand for new credit hasn't been so great in years as it was last winter and this spring.

accounts, and reviving many that

Credit experts say all this merely | confirms what almost everybody knew anyway—money is getting scarcer. When folks have money, as they | did during the war, they prefer to pay cash. If they do buy on time, for convenience or in the case of expensive durable items, they meet their obligations promptly. They were so good, for a while, that credit men, had few worries and collection men almost had no jobs.

. Back to Normal { Now things are getting back to | normal. | “Folks are paying slower, we are

sufficient funds’ the collection de-! partment is busier, there are more |

says Arthur B. Buckeridge, manager of the associated retail eredit men of New York City. His organization has more than a thousand members, and interchanges information with 1350 similar groups in this country and Canada. Alvin A. Smith, manager of the Honolulu credit bureau, said | it is so in Hawaii, too. Comparative Figures Mr. Buckeridge ran through reports from department stores and specialty shops. He gave comparative collection figures—this year against last—for the first 10 in the! file. On the average they showed that collections were 7 per cent poorer this March than last March. The range was from four-tenths of 1 per cent up to 30 per cent. No store in the group showed improvement." Said Philip Gleason, credit manager for the famous sporting goods house of Abercrombie & Fitch, and public relations chairman for the credit group: “I hope you will make it clear that this is not a serious! situation. Credit men aren't wor- | ried, or surprised. Loss Negligible ; “We knew that war-time conditions wouldn't last forever. Over-| time is out, for the most part. Wives | have quit work to go back to housekeeping and child raising. Both of these mean smaller incomes. Regulation W, by which the government limited open credit to 40 days, is off. That reduces the pressure for prompt payment. “So credit conditions are just go- | ing back to what they were before abnormal war-time conditions improved them. { “Before the war, losses from bad credit ran about 4 cents on 10 dollars. We don’t expect it to be worse now. Before the war, the loss from | bad checks was negligible—lots of | them bounced, but almost every one was made good. We expect the same to be true again.” Boom Expected Mr. Buckeridge and Mr. Gleason expect another big boom in credit to come when automobiles, refrigerators, ranges and other “hard goods” become more plentiful and! maybe a bit cheaper. They cost too much for many to] Jay cash, so time payments will be in demand. “But,” they agree, “there is absolutely no reason ‘to suppose that even this new demand will bring the use of credit above sound, safe. levels. One thing that is often for- | gotten, by those who measure credit | in dollars, is that dollars change! value. At presgnt price levels, the dollar volume of credit would have to climb 50 per cent above pre-war | levels before it actually became as great as it was in 1941.”

A pair of good shoes made to order sell from $6 to $8. the fanciest cowhide ones for $15. And they're vuaranteed to fit well and wear comfortably.

As for clothing—any tailor will spend an hour taking meticulous measurements and two days later they'll produce a suit that doesn't need any alterations. If the suit is of linen, imported from the north of Ireland; it will

cost $30. The best woolen suit comes to $60.

BATHROOM SCALES EER $15.95

Akron Surgical

HOUSE, INC.

221 N. Pennsylvania St.

week, AM tot

WALL

Make Your Selection From Our New 1947 Patterns

PAPER

DuPont's White House

PAINT

Now Available Come in and get yours

*| per stain on your paint

NYLON SCREENING

No more rust or cop-

We Have the Following widths— | HI d 25" — 3K” — 3714”

LL ; { a 1

| | 22. Washin

gton St. . Opposite Statehouse

DuPont Paint Service

LI. 3458

CHECK BOUNCES—Credit "agencies find that John

Citizen is a lot more ready to take advantage of credit offers like

the “two years to pay" on the sign above than he is actually to pay. |

Too often when he finally does, the check bounces because of “not

sufficient funds."

Go Fishing, Doctor Warns Weary, Tense Legislators

WASHINGTON, June 2 (U. P.).—Congressional Physician George W. 5o0f*

Calver today prescribed “an early vacation, home cooking and plenty of

duties.”

getting more checks stamped ‘not| fishing” for weary legislators who are “showing the strain of their heavy

Dr. Calver has watched over the health of congressmen for 28 years.

partly to the complexities of the streamlining act and partly to a hangover from the gruelling war “There have been too many uncertainties “arising from the reorganization of congress,” he said “The result has been short tempers and frayed nerves that are bound to be reflected in general health.” Only a few days ago, he said, the son of one congressman called him and said: “Doctor, my father is getting positively ornery lately. “When he starts giving me the devil all the time, I know, it's about time that he gets out of Washington. Can't you prescribe a vaca-

AN OP

suits for collection in the courts”| He said the fatigue this session is unusually severe. He attributed this

tion trip for him?” Dr. Calvert said that congressmen always are subject to heavy strain “because it is impossible for them to get away from their jobs.” “I talked to one congressman who

‘(was invited out to dinner six eve-

nings in one week,” he sald. “The invitations were all from constituents, so he couldn't very gracefully refuse. “But a man certainly needs to spend some time with his family and away from his work. “Many of them live in hotels and while hotel food is all right, it

can certainly get monotonous. As a steady diet, it cannot take the place of home cooking.”

Exports 8 Years Behind Market

“" By ERNIE HILL . BUENOS AIRES, Argentina, June 2—~It will take eight years for the American automobile ‘industry to catch up with the demands of the South American market, according to a recent United States embassy survey, : . The sprinkling of new Americat cars here has merely served to whet the public appetite and right now

100,000 cars with an estimated annual requirement of 50,000. Argentina furthermore could use

and 2000 motorcycles, . The present production rate in

weekly, with only 6 per cent set aside for export. Argentina, of course, gets only a fraction. Due to the fact that the Argentines have plenty of money in the bank, new automobiles coming in from the U. S. are selling on the black market for 50 per cent over delivery prices. * New British cars are coming in at

Ford companies which manufacture undersized jobs. With Argentine families large, it is therefore re{garded as a certainty that the U. 8. will continue to sell 90 to 94 per cent of the cars used here. The embassy survey shows the following black-market price range for sedans:

MONDAY, JUNE 2, 147 _

Argentina alone is in the market for |In

100,000 trucks at once and 20,000 an- Picoln Na nually. It also wants 5000 buses | Marm

the U. 8. Is about 100,000 cars|;

an increasingly fast tempo now but a mostly from the Austin and British ie

Local Issues Nominal ‘quotations furnisned by Mdi- = AROpOILS seturitice omer: La Agents " Gutp com 3 » Abrerioan BLater Dia corns 99 38 &metioan Stal > A rove : 3 de Ayres pwd LL rahire Col com ....... 3 Balt B Lah Bw Be R Stk ran So i $ cle Theater ‘un Con Sal NA-VAF coicoiinn x solida . a ated a ot : Delta Electrig 13k Electronic Lab com ..... .... % Ft, Wayne & Jackson ‘A Herfi-Jones cl A pid ......... La . Hook Drug com 1d . nd Asso C 32 pid 80 Ind Gas & Wak com ........ 10% nd & Mich BE L 4% pid .....108 1 ndpls P & L com ..... . i ndpls P & L com... .. an Rolla Water pid ter ol A ndpls., Rallwiys eff Nat Life com : Cingan & Co 3 ngan Co pf Lincoln

CEs reRTeene

Gear 80 Ind G &

tokelv.Va loKe:

com BE 3% Pi Stokely Van Camp com ..... Jute Haute Ma

reese Caanse ea a

feranaasunen

BONDS

Nevenns

Ind Limestone 4s 78 .......... Indpls Brass & Alum 8s 56 .. Indph P&L Vs 0

Investors Telephone 3 al . Kuhner Packing Co 4s 54 N Ind Pub Serv 3%s 173

Pub Tel

Official Black Market Price Price

Return to A. F. of L. WASHINGTON, June 2 (U. P.).—| President Harvey Brown of the International Association of Machintold his 600,000 membership toif they vote this month to the A. F. of L. their union would become “humble, submissive, subservient and ineffective.” The I. A M. was tossed out of the A. F. of L. three years ago after a series of bitter jurisdictional disputes with the A. F. of L. Carpenters union.

ALPHA STRIKE ENDS LOGANSPORT, June 2 (U. P.).— A 30-day strike at the Alpha indus-

rg. aes Chevrolet .....coouesee 4000 er 7500 Cadillac 8375 8000 Pontiac 3050 4578

Te. 3027

& &

today as some 150 A. F. of L. United

Auto Workers returned to work.

N LETTER TO

tries, an auto parts supplier, ended |.

3% : Pub Serv of Ind 3%s 78 .....107 109 1 4%s 58

Trac Term Oo wy. Dividend”

Commercial Sales Co. Opens New Salesroom

Opening of a new salesroom and service station by Commercial Sales Co. at 2133 N. Meridian st. was an- _ nounced today by J. J. Ferris, president, and J. R. Ferris, secretary and treasurer, The company is the exclusive Frigidaire dealer in central Indiana for commercial refrigeration equipment. Open house will be held from 10 a. m to 9 p. m. throughout this week.

U: S. Statement

WASHINGTON, June 2 (U. P.)—Government expenses and receipts for the current fiscal year through May 38 com-

pared with a year ago:

Year Last Yi — Expenses. $36,688,008,131 $57 T84,335.388 Receipts 37.666,941,853 37.960 Surplus Cash Balance Public Debt 181 273 Gol

xDeficit.

INDIANAPOLIS CLEARING eAFINgS ..........iliceiinien $

YOUR OFFICE BOY!

i i VC ie, ie

I will your boss be operating in the red or black? . . . will your pay check be fatter or thinner? « « « Will you be eating steaks or spareribs?

THE ANSWER MAY BE IN THIS LETTER!

You may be only an office boy or the shibping clerk with economical operation? . .. Does be know be con —mnot the president—but you most certainly have a great deal at stake, too.

do it better on rubber? YOUR BOSS SHOULD

KNOW . . .

After all, you've got a lot of bills to pay, obliga- , Quick, 24-hour-a-day shipments mean he doesn’t have to over-stock. Inventories can be trimmed of

tions to meet. . . you've got to be thinking about your earnings 6 months from today . . . just as your boss

does.

Your boss knows (or should) that his comfortable S or 6 year ride on the “gravy train” is over. From here on in he’s due for stiff competition . . . from here on in belts are going to be tightened!

WHAT'S THE ANSWER? Take a look around. For ome thing, does your boss ship by truck? . .. Has be' ciation or to us—will bring him vital information. realized truck transportation works band-in-band With lots of luck,

fat. Warehousing costs cut. He'll-get what he wants

—~when he wants it—with speedier “long or, short haul”

less handling, on

a basis. :

He should know what you've already learned; 3% That truck transport has created new wealth . . , im-

proved standards of living . . .

revitalized industries

. . put and kept millions at work.

If he doesn’t, a letter to his

™ AMERICAN TRUCKING INDUSTRY

State Trucking Asso-

WASHINGTON, D. C. 2h . od ; La

258,348,350, n Reserve. 20,932,463,626 20,243,801.631 = HOUSE x}

$2 billion a

The Whi ident Trun formally sen gress this we There is a port will be t

. armed service

dle of the w The comm United States stands as the

aggressor of | in two wars

‘evident to all

must be de first—if aggre Universal m “is an essent tegrated prog ity intended ft ed States an our responsibi world peace a United Natior Encou; In support sommission ss “One of the fectiveness of the belief of stripping our: necessary to s ership and powers. that peaceful aim: of aggression. tion of unive would reassu oountries and and authority “The additic #0 the incaluls war has elim sones of safe tack on this war universal mediate in its ments in wa need for trai and town—me able at once | Trainin, Specifically, ommended “if tion of ever reaching the : 80 a period c fit him for In any furtur The first i basic training

Don't w unbeco . because have 4 ones, FIRST | the ne

ON EA

GLAS! EYE