Indianapolis Times, Indianapolis, Marion County, 12 June 1947 — Page 24

iratories Ine... Indianapolis.

+9100. i

iNew F Radio-Phonograph Se Has 10 Tubes, 2 Speakers

‘Electronics Laboratories, Inc, to- two separate amplifiers for indi- ment. began production of 4 new 10- vidual tone control. An automatic Tucker Corp. will get no further aph which will intermixed 10 or 12-inch record{changer is used and storage space | terms on schedule. the for 10 albums is provided. Cabinets are available in mahog-| Corp. by WAA for protection, mainany, walnut or blond. Additional! {tenance and warehousing have been {features include automatic volume in effect since April 1. ‘They were

ow . radio-phonogr: él for less than- $100.

SAAR Ap

he laboratory announced d has been introduced to meet! ); growing demand for inexpensive | dio-phonograph combinations.

NEW CONSOLE COMBINATION—This young lady poses ibeside the new radio- phonograph brought out by Electronic LaboThe 10-tube set will sell for less than |

Plan Has Cut Cost to Nation

Corporation | Hits Shag On. Stock Sale” -

By NED BROOKS Seripps-Howard Ttalt Writer CHICAGO. June 12. —~Preston Tucker is serving as the government’s = custodial agent for the world’s biggest war plant at. the same time he is occupying the nroperty as & non-paying tenant, it developed today. This dual role of Tucker Corp. Is .ipart of the arrangement under which the war assets administration has staked $170 million worth of plant and equipment at Chicago on the infant firm's suoeess in the automobile industry.

Not only does WAA get nothing from Tucker Corp for its use of the plant and ery, but it is reimbursing the st the rate of about $75,000 a month under two, contracts for plant protection, Tinaintenance and warehousing Stock Sale Snagged These contracts give Tucker Corp. the responsibility for watching over millions of dollars worth of government-owned equipment which the firm has the right to rent or

ment still are incomplete. This newest Tucker-WAA tieup

operations through a $20 million stock sale to the public,

mission in Philadelphia yesterday began stop-order proceedings against the sale, charging false statements in the registration state ment. SEC scheduled a public hearing starting next Monday. July 1 Deadline

If SEC prohibits sale of the stock

Tit “could - jeopardize Mr. - Tucker's}...

{occupancy of the Chicago plant. [His agreement. with WAA requires {him to show $15 million in new capital by July 1 and the stock issue 'was intended to meet this requireWAA officials have said that

| extension if it fails to meet the

{ The two contracts given Tucker

buy. WAA inventories of the equip- |

The securities and exchange com-

CREAN RT an fae aed

IRAE WT

That adds up to $75,000.

IMMEDIATE

WA. 3101

—ROOF REPAIRS—

PERSONAL SERVICE All Work Guaranteed

H & R Furnace & Roofing Co. 2003 CENTRAL AVE.

Evenings, WA. 1048

On its own account, Tucker Corp. | employs between 250 and 300 per- | sons. The custodial contracts run to { July 1, when Tucker Corp. is re- | quired under its agreement with | WAA to begin paying maintenance expenses. Meanwhile, WAA officials in both Washington and Chi-

i d

‘and OVERCOATS

8} We have some real bar#3 gains in these garments. H* AU garments are sterilif. ized, cleaned and recon-

Chas. Hedge.

OUT -OF -PAWN cer

Men's SUITS, TOPCOATS

- 146-148 N, ILLINOIS ST.

Phone R1-0006 _____

cago say they are keeping “tight” | supervision over the operation of | the Tucker, contracts.

| Industries Save Coal

In Fear of Mine Strike WASHINGTON, June 12 (U, PJ.

The radio has two speakers and control and a built-in antena. approved by WAA headquarters m p Washington, it was reported, ower Indiana Stocks and -Bonds the opposition of two high officials ominad quotations. Tarnished by imdi- | Stekely-V: of the Wal onal here, ely-Yan Camp pfd ...... , apolis securities deslers: yan Samp vd 13. }.| WAA officials say protection and h STOCKS Bid Asked [Tete Hayte Mialicaie EU (3 3% | warehousing were turned over to 34; nts Jn alia sil : 8 ac] wd To) Co 5% . 100° 0% Tucker Corp. when it claimed fricAx rican States <i A 33 (OPO Mtle com oo... 51 ....[tlon arose from the earlier system " . Ayres 4 { h snes Col com a. i 38 |Allen-& Steen 8s 51 ........ or... |under which outside firms held the B Stk com coon HN Bu American foun ‘is eh ou icumtract. a od 8 “. - ’ *e Bostian Motley BE kevin 97 Previously, the protection and . ner rtilizer 5s 54 ...... 1” ees pee 3 cn DN Co BIS ths 61... 9 :| maintenance contract had been | Citizens Eh Jel dias 61 ws 13 i... held by the Patrick Warren ConCom ub 2s a eas i Con ¥%5 | Consol Passes. ......... ot ....|struction Co, which ved 8 Dy ted ; i | Delta Coli 314s A .+..| $3500-a-month fee, plus Ci I tri fd .. Ti ros 4s deb ....... va 37 oe ed_Indys ries pfd J 3% | | Hamilton Mig Co ss 38 Rhames o : “The warehousing contract was held Delta Eleciric com 14 15 er Crown 35s caaeeeas NT i are Associates, pe ectronic Lab com 25% $5 | Ind Limestone 4s 75 68 3 by Ww housing Ine, ‘ Ft. Wayne & Jackson RR ptd 84 89 | Indpls Fras & Alum 5s 56 97 which got a $2000-a-month fee plus Herff -Jones cl pig. 13%“ 14% 'Indpls P& L 4%s 70... ..... 106% 107% expenses Be TE. dav | Indpis Railways Co ot 67.... 84% 81% : ; ia so Tel Co 3s wie J0F 7 208 port d Gas cae. 4% 16. | Investors Telephone 3s 81 ... 88% Re Lower Cost 4 d oi Mich E L Yeh p pte Shur 108 ,110 | Gunes Packing Co 4s 54 99 { "Tucker Corp. agreed to take fhe i. com Ska fx] 0! d pis ? io L ped Bra 4 110% | Bub h Serv of Ind Ms TL. 108% Jou, contracts at a $1 fee plus expenses. ater ee el 415s 55 Eran 7 SH ater «l A Com ....,. 20 ft | Trae Term Eorp 38 5 iv... » i Claude A. Welles, WAA zone office wii pls Sallwass com 2s} i | © *Ex-Dividend. | deputy, says expenses have declined gan & Co cam __ Lan " SER re — under the Tucker management, with Bean & Co Bid vcloryos Local Produce the additional saving in the fixed oln Loan Co 53% Dia ...300 _ ea I {se Barmon Herrington Col Cu, oe 4 3 { PRICES FOR PLANT DELIVERY Under the two contracts, Tucker ped Homes com A 12 13 | eghorn’ — Slog 2 lbs hud Ne a5: | Corp. employs about 500 persons, on 071 Vg I ic; cocks ind Pub Serv a os He We 1 gy Dens, ae ibs 38 over, He. ap: | about 80 of whom were added reess Laundry com ...... 42% 24 ? orns, o poult: “© - A BE dry oo Bs Mailed Miran aon ry. | to help complete tke in th lh Sery ot Ind om. 3 3% Buitariats A 1, oe No. 3 6c, ventory of plant equipment ordered ery of In > D : Eggs: recelp to case, | - — Gear Tool a osha 37¢; grade A large, dlc; medium, 17¢. np by AA. The government reim Ind G & % 4.3% pid J 111% 113% | grade, 33c. burses Tucker Corp. for their pay.

| —Coal industry sources said today | that industrial consumers have be-

{plies in the belief that odds now favor a miners’ strike July 7. U. 8. Steel Corp. is one of the

. BUSINESS DIRECTORY

ticipation of the United Mine tion beginning June 27

“The company has closed down |

KNEEMOLE | Des

in a walaut

‘RE- WEAVING

of MOTH HOIFR Car WORN Arora

LEON TAILORING CO.

1235 Mass. Ave. he Fiend Bloch.

ei aes

3-ROOM GROUP

Brand new 1947 furniture ingluding: 1047 Zenith Combination Radie and

the equivalent of 3'; blast fur-| naces in the Pittsburgh district.

{gun to conserve bituminous sup-|

EAST SIDE

1. 8216 FURNITURE 08216 H 4 outs Michigan St.

Rtn 07, "Cioce 13 Ra

DR, JOS. E. KERNEL

TRACTION (TERMINAL BLDG.

DIAMONDS—WATCHES

FUR "COAT Bishor. TUR co,

Phono., 17 Garland Gas Range, LM? Cabinet Type Washer. JORDAN BROS. HOME OUTFITTING £0, CABINET co. 420 Mass. Open Evenings RI-9101 }! immediate Delivery All Sie ——— Son | BUI "CABINETS : BROKEN |] 333 W. Washington St. LENSES REPLACED

LOANS. |

| EE ——————————————— | |

SPORTING S08DIAUERASH]

Hiinois

TRADE JOUR SLOTH COAT

big soft coal users which has re- | duced operations slightly in an-|

Workers (A. F, of L) 10-day vaca-

RITE'S

(WRIGHT'S)

GUARANTEED WATCH

AT OUR USUAL

LOW PRICES oP sens

RITE’S

43 8. ILLINOIS ST.

REPAIRING |

Donors Sonth of Was

rm AMAR AON IE SRE

SOCIAL WORKERS HONORED—Mrs. Montgomery S. Lewis, citizens’ committee chairman, (left), and former Governor Henry F. Schricker present certifi: cates of recognition to Mrs. Frances Tyson and other ‘volunteer social workers.

‘World Is Growing Larger,’ Social Workers Are Told

By EMMA RIVERS MILNER The world is growing larger as viewed from the standpoint of | UNESCO. | Dr. Esther Brunauer of Washington last night thus reversed the ! popular saying that the world is’ growing smaller day by day. Dr. Brunauer, state department consultant on the staff of the But large masses of human beings

came to light ag the company hit! United Nations Educational Scientific Cultural Organimtio in othe tion not read. Th : f ! ns, spoke in in other na 8 cannot re e 4 snag in its plan to finance ition the World War Memorial build- |

|recent years, But for the individual } person. the opposite is true. “He has had his scope of interest ene Whereas formerly, he lived aoe a0 in a very small community and ‘had | 800-1000 po news of but little that went ion 0 on in distance places, he now talks| 500- $00 pound across oceans and encircles | globe by airship.”

“Certain countries produce many | canner

vital

| books,”

(ideas, art, scientific discovery, possible for the for a music, literature and every type of [learn to read the works of the book | Goed to recognition ceremony for the vol- spiritual and mental achievement. | {writing nation.” unteer service department of the | Council of Social agencies.

She was invited here

“It is true,” she said, | the airplane and other inventions social service received certificates | UNESCO is only six months old, of travel and communication have last night. Former Governor Henyy | Dr. Brunauer recalled. But she brought the parts of the earth into F. Schricker paid tribute to the described it as moving (oward its closer contact. Thus it seems that volunteers. Mrs. Montgomery Lewis | goal of a democratic sharing of | the world has shrunk in size over distributed the certificates.

{ideal

“that radio, |

Common

Chdice— 6

Good—

the | og

EA or Thy

Nd VETERANS of You will be accorded special consideration in all ways by the 4 Larman brothers, all of whom are veterans theme selves,

THE KITCHEN

‘08

Feabures those nationally advertised 5-pc. ARVIN all- metal dinette sets with tubular chrome styling, all-white metal utility cabinet and 53-pe.. dinnerware service for 8 persons with many

extras. * AUTOMATIC REFRIGERATOR dhd. GAS RANGE

Available, If Desired

ALL 3 ROOMS

On Terms of Only

$59

I 302 E, WASH. ST.

ze Ga 47 MAI, BEECH

700-1100

00-800 $00-1000

| Mediu um {Cutter and "common

"Indianapolis “flour mills and grain elo yalors are paying No. 1 truck wheat, new No. 3 yellow corn, $1.94 per bushel; No. 3 white corn, $1.96;

® Furnishin

Here, in one complete new home! in your affections throughout the fine styling and the manufacturer. Come

Everything for your living room . davenport with

Hogs Up 50¢ at bi - re Extreme Top Price Is $25.25

Fog prices gained another 0 cents at the local stockyards todhy with

an extreme top price of $35.25. k Steers and heifers sold actively and unevenly strong to B50 cents | higher in a limited supply market. Vealers were active and strong with an extreme top 50 cents higher. 1 .GOOD TO CHOIOE ROGS (15)

Fat lambs were steady.

Choice

o Rug

Feeder and Stocker Cattle and Calves Steers

140 pounds . } I Choice 180- 200 . 2%, B00 pounds sevens + 21.50Q22.50 a a0 1 7500 800, POURGS ie.irs vores 10.00021.50 Medium Ee 00-1000 pounds reser series 16.500 10.00 330, 500+ 900 POUNAS Liam ds wesen 14.00Q10.00 | Mediu SHEEP (350) oe 160 Spring’ Lambs

"Bulls (all weights)

Good Closely sorted ..o....vevvis: $16.00 300 330 Hedmm a dood Sipe naga Medium ‘an aa 4h oh Ah . 380 Common .... 3 Phin pod i fe. 400 hy hadi (8harn) 2.000:7.00 Gagd an olce vanes : 400- 450 pounds iisiivsaies {3 80a 18.00 00 | Cominon and medium + uaa 1008 1.5 Hin URES iodienaens [email protected] y " « 350 pounds ............ [email protected] U. S. Statement 20- 100 Pog Mp 17.25@ 23.50 b NE : n : WASHINGTON. June 13 (U. Tne CATTLE (615) wn anH FR chatce poids Wy 5062 00 | Curent fiscal YOAT Roush. June 18 com come 900-1100 pounds LI 001 so | PATeY vith 8 in Waar 1100-1300 pounds + 35.15 127.50 | Expenses sandie tsa Ge Receipts 3807 706: 900 pounds . ¢13.30 Surplus 900-1100 N Ne 25.75 | De o. EA 1100-1300 rs 240.25@20. 7 Cash ance sta LT Medium public go 257.4 16 a a HR

2. 034,8088,13 30,

pounds . 32.004124.25 | Gold reserve 1100-1300 pounds ..a..sesvis 33.00Q034.38 | INDIANAPOLIS CLEA pounds ...t..iecins 18.0061 22.00 | Clearing POLIS SLaAnING 8,825,000 Debts... DL BLIA,000 nd 50 . Pounds .50 d 35 ( A AA wh ana Bovis 2 ; pou “| Gas Ranges 30 Cows (ais weights) odd COOK WITH THE i Bie GAS TURNED OFF 10.00 13.35 Sold Esviusivaly > Marion

$3.35 per bushel for

Ly hei cent

ald? | yp poybenns,

assured

for Three Rooms on LARMAN'’S Liberal Terms

package, is the way to start off your The kind of furniture that will live and gain the years. Every piece oasis integrity of LARMAN’S and in and see what values these are!

Dr. Brunauer continued. ! — Be (81) weights) ........ 17.28911.50 208 N. De alc | ssinage e aware tu m3 ake it] goal in vn § AR A AE ia i740 t 0 NESCO 0 m any ! : 1 {literate nation to| °F and medium (480) 12nd1041 ChOIOB ..i: «vedsnnsns 24.509 137.50 and medium ... ce. 12.50924.50 {Culls ATs pounds up) Lali. [email protected] Volunteers who carry on the city's! Truck Grain

You May Purchase Any Room Separately

A SMART, MODERN LIVING ROOM

"8169-50

. . massive overstuffed matching chair (ull spring construction,

course), 2 finely styled end tables, 3 DEENA table lamps

A HANDSOME BEDROOM

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doir lamps, tress and coil springs.

DOWN

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PAYMENT

with lovely rayon shades, all metal smoker and throw rug.

This sparkling ensemble includes beautiful modern, full-size bed, extra spacious chest of drawers, vanity with Jarge mirror, 2 boucomfortable mat-

MINIMUM

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isi Eh

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( fi Xe

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a (

181] ra