Indianapolis Times, Indianapolis, Marion County, 2 September 1948 — Page 8
Sg ———— tastier
“yooma for procedu patients, !
res of
. i
In Cleveland Race
FJ-1's in Event
By JACK THOMPSON When the public gets its first here of the
lich
caliber ‘machine guns. 1 be done in order to determine he military qualities of the craft.
National U. S. Statement American NatIONAl ome ON OE te ror te son
.. Casey, manager, -Personal Loan Department, American ‘National Bank; Carl C, Ki , assistant vice president, Indiana National Bank; William f. Polk, secre“treasurer,” ' Bankers Trust
Co.; Joseph M. Young, manager, Personal L oan t
Fletcher Trust Co., and Roger G.
Hormell, manager, Small Loan Department, Union Trust Co. tions Committee On the Bank Operations Com-
mittee are Roy A Fletcher Trust Co.;
R. B. Coolman, cashier of the New Augusta State Bank, New Augusta, was appointed to the bank operations committee. The appointments were
In Some Cities
com-|lords had suffered hardship.
De,|an increase ‘considerably in exs(cess of 15 per cent.”
“|prices werc dropping. Buyers at
Allison Test Pilot High on List to | Win Air Race |
land on Labor Day. { The newcomer to the National Air Races, Charles E, Brown, Indianapolis, flew his souped-up P39 Aircobra plane to an all-time record for the closed course at
verage speed was 418.3 miles per hour. Allison officials said they feel that the plane is capable of still greater speeds.
” » n A HANDSOME young veteran of 211 missions in fighters during World War II, Mr. Brown bettered the record of 417.424
Hikes Loom
Plan Not Discussed By Officials Here
Reports of increases in rent ceilings of some cities today
ed
no action toward any boost in rents here. Rents Not Discussed
said the subject of rents has not even been discussed by the advisory board here, “The only activity along that line now: is an increase in the umber of landlord petitions for upward readjustments in individual rental projects,” he said. In Galesburg, Ill, landlords won an 18 per cent boost in rent! ceilings yesterday. The Galesburg Advisory Rent Control Board obtained the increase by showing that the landIt was the first such increase granted under the 1948 rent control law. In Chicago, a landlords’ association sent questionnairies to 30,000 members in preparation for a request for a general rent increase. + ‘Justify An Increase’ A spokesman for the group said he thought it could justify
Meanwhile, wholesale food Chicago markets were cautious vesterdsy, and livestock receipts were light. At Madison, Wis., Sumner H. Slichter, professor of economics at Harvard University, told a
‘nounced by Association President ‘Herbert C, Morrison, president of the Elston Bank and Trust Co. Crawfordsville. =
NEW YORK
Iavestment Research Department will supply company and industry : : ri Write or phone for copies of latest releases ii THOMSON & MSKINNON BROKERS IN SECURITIES AND COMMODITIES 5 East Market Street CHICAGO Offices in 39 cities in the United States and Canada
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group of University of Wisconsin students that the price structure appeared to be levelling off, for the first time in two years.
studies.
MArket 3501
TORONTO
the ndianapolis area has taken
250,00 0
~NEW JETS STREAK HERE—These are. two of the Navy's new FJ-1 jet fighters like those Indianapolis residents will see for the first time when they take off from Weir Cook Mupicipel Airport in the Allison Jet Trophy Race Sunday. . =» AF A ————————————
_
ition
miles per hour set a few minutes earlier by last year’s Thomp-
of Cleveland.
Sales, {Brown's ship is powered with an Allison V-1710 reciprocating enA 25-YEAR-OLD test .pilot for gine. The plane is called the KF-1 Allison Division of General Mo-/and was extensively modified at tors Corp. here stands a good the Allison plant in the past few chance of winning the $40,000 months. It won the race in 1946 Thompson Trophy Race at Cleve- ana placed third last year.
OES UNIT TO INITIATE
OES, will meet at § p. m. tomortow in the Masonic Temple for
Trophy winner, Covk Cleland
Sponsored by Stewart Motor Inc, Indianapolis,, Mr.
The Naomi Chapter No. 131,
on To IU Cancer Clinic H Hog Prices Continue Drop; To Price at $28.75
500-1000 arias a pounds 2036.50
‘| members. It must be repealed.”
THURSDAY, SEPT. 2, 1948
me and profits.” But, he said, the workers’ lot must be improved. He said the “rising tide of inflation” has actually reduced earnings of some workers despite pay increases, Plans Speech Monday Mr, Truman will open his cam[paign for a full four-year term in
Day rally in Detroit Monday. is expected to blast the Repub-
Hartley {passed over his veto. The President said today that the “economic dislocation” of re-
wages must end. Asks for Repeal He did not identify the TaftHartley law by name. But he said “there is at present on the statute books a law which unfairly restricts labor unions and their
He said. the welfare of the by:
lican-controlled 80th Congress on! 700. its record of labor legislation 1 and demand repeal of the Taft-| law which Congress 2
duced earnings despite higher! 6o0-
worker must be further improved |
‘ONE: Boosting the present 40-
homecoming and initia
workers lack” these services now.
ere
Local Issues
depress riatonniiraninn
» mennlt's Bia Ahad . in . the 200 DOUBES ....crens.ns 9.009340. B piss saris es ish. prices 1 oc & um 1 1% | Crile it i : " - Srrivans s Gos a re aasedaratansiinne na Po Wayne-Jackson eth cays wOIp PIG ® Ww. - 9 . GOOD Herfl-jones o A Jie. “11 1B 120- 140 pounds ome Tel & Tel % pid... 81 on 155 bounds +. ind Asse Tel 3 ofd.. wa 180- 200 Ind Gas & Wat aes = Ik 17% 200- 220 Ind & Mich E 4%a%... .. 95% 98a 220- 240 Tadpis “P&L t% pid... na Be Fo 300 Indpls PAL §% pa L108 108% 330. 30 indpis Waser $%% Pd. Medium— ndpls Water 5% hk bia x 160- 220 yr dg tr Life Te: sa [Kings & & Zom "01: 25- |Lincoln ‘Nat Life Loan 5% 330- 360 po: Herrington 25.400 pounds 3 is iastic Asphalt 400 450 pounds ...ec.e0cnres [email protected] ims down [- [email protected] Ind Pub Serv RO Ao0 Pounds o...cxier ee 21,00%23.00 Calves (Heifers) ¥ Ind Pub Serv 50- 550 11.50021.00] S00 orous pic N Ind Pub Serv Pins-Medhoo 3-good~ 2" » 00 500-pounds dowm ........... [email protected]|°P R Mallory com divem—— *Pub Serv of Ind 120 Ee . [email protected]| 500 pounds Gown ...... [email protected] | *Pub Serv of Ind SATILE TOS) il SHEEP (12%) So Co Cc Lambs . il ye ars [email protected] | Chalce el sorted ........ Y £ 900-1100 poun 33.00G38.00 Good to choles on... Bo 25.00 | Te¥ 1100- 35. 23.50{ 9 ¢ 4 pounds 2 yb Eps E (Sher AEH, i UU POURGE .ovvnsvsnree o | wes ) 1100 POUDTS ....0ieseees 31.000 35.00 . oo. POURGS ..nerernss [email protected]{0008 Io. choles, ___..-.-..-. 2004.50 700-1100 POURES ..v.ouiviin. [email protected] 100-1300 HE p+ + aa vu enstn [email protected]| Local Prod Commer [email protected] ue x uBdS niin J : - — . holed. Heifers leghors 30c: springers x 800 pounds ............ 34.00Q36.50| Di. 406; Cackn Ang El ie ee a ina legherea 6c: No. 9 poultry, 4a less cents-an-hour minimum wage to at least 75 cents an hour. I Te Th as TWO: Broadening social secur- dium, 43¢; Grade B iarge, 38c; uo grade, ity and national health insurance | gusiertat— no. 1, 67; No, 2. de. programs to cover more workers. THREE: Giving the workers N o the services of “an integrated de- Local Truck Grain Prices partment of labor provided with No. 2 wheat Mm’ - | |Trse Term Corp §s 3%...... adequate staff and adequate|’ Xo 3 white comm. $1.06. |funds.” He said “All American Ne. 3 corn, La. 1S CLEARING New No. 3 yellow soybeans. $3.20.
/
LET'S CRY ON EACH OTHER'S SHOULDERS
Ww
eggs were 24c a dozen, butter sold for 27c a pound and a nice new car— your choice of model and color—was delivered to your door for about $700? True, wages have gone up a great deal since, too, but somehow it is harder to make ends meet nowadays. As far as the Gas Utility's “cost of living” same price increases have gone into effect on items that are as essential to the Utility as butter, eggs and automobiles are essential to you. Average hourly wages have increased from 55% ¢ an hour to $1.35 with 460 more persons on the payroll. Coal costs have gone from $4.14 a ton to $9.29, and it takes 350,000 more tons of coal a year. Oil increased from 5c a gallon to 13¢ a gallon, and 9 million more gallons a year go into the gas making process
Not that it will do any good, but, as the old saying has it, misery loves company. Do you remember the days when
.
than were needed in 1936.
The average wage earner makes more money than he did in 1936. The average company has increased the cost of its product to reflect the increased costs of manufacture . . . in fact, the items are few and far between that sell for the same price today that
they sold for 12 years ago.
Yet, in spite of increases in the cost of gas manufacture... in spite of huge sums spent in increasing the gas plant’s capacity, in laying miles and miles of new gas mains to serve thousands of -- new customers . . . in spite of meeting all the bond payments on schedule . . . there has been no need, up to now, for a general
increase in the rates charged for gas.
It is a fair assumption that you'll agree this is a good job. It
is concerned
is a good job, because keeping up with increased demands for gas has made it possible for Indianapolis to grow . . . it meant new industries, more and bigger payrolls . . . more business for every-
FROM 1936
WAGES sons on payroll,
Hourly rates went from S3W¢ to $1.35, ond there are 480 more per-
FROM 1936
GAS OIL
FROM 1936
FROM 1936 COAL Cool oooh wars $434 in 1936, one $9.29 today, ond 350,000 more tom ; . ove wed a yoor. 1000 from 90¢ to 644.
Oil costs increased from S.1¢ per golion to 13¢—ond 9 million more gallons are ved annually. 3
10 1947
10 1947
body and prosperity for all of us. The credit for this job goes to no one man. It wasn’t a one-man job. It was the result of cooperation and understanding between employees and management; well-trained ahd courteous employees who, when the need arose, worked around the clock .. . and management that has been impartially interested in discharging its civic responsibility of making the gas service in Indianapolis as good as it has been humanly possible to make it.
GAS & COKE UTILITY
_ Operoted by the Board of Directors for Utilities os a Public Chariteble Trust
, the
-
complete trained ized in 1 -Bag~F expert. F
301 OUR 19™
2642
Any normal proper care i can get our which will ai —makes hal: jewel—given «+'s A Teal tr
Our
No Hec
Look
ON
f : 1! C _ for Adults a
SHAMPOO A FINGER WI MANICURE HAIR DYEN
Open D Monday
Saturd