Indianapolis Times, Indianapolis, Marion County, 15 September 1948 — Page 28

e of 11 per cent over a year

rie farmer's share of the $709, the report said, was $377, an increase of four per cent over midStill, it was less than the 5381 share the farmer got in

5 old: Indianapolis

“landmark’

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"in the middle of the 1300 Block N. Senate Ave. was removed today with appropriate ceremonies. attended by. this group of men wielding shovels and street patching equipment. Motorists complained they had been ‘dodging the chuckhole for many weeks.

the | Around the World—

Big 4 Asks UN to Solve

Beats Deadline Set Up by Treaty After Two Days of Futile Bickering

‘The Big Four finally agreed today to submit their disagreement ucts regarding disposition of Italy's former African colonies to the United 1; pe held tomorrow. Mr. Peters a AT General Assembly. two pf futile bickering, including one session which ending| A nearly all night, the representatives of the United States, Russi: Britain and France got together on the text of a joint letter: Lie, United Nations ~ Od ecnetary-goatral; asking him to submit the question to the Gereral Assembly: at its meeting

. Nations must n of the colothe Big Four agreed

ganda secretary for Gen. Charles de Gaulle, annoynced today that De Gaulle's Rally of the French, People has launched “a fund: "{{hlsing catpaigh intended ..to Beip place J De § Galle 9 Ingponet in

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Philip or Elizabeth Mary, - was reported today, Queen Elizabeth, who actoms., panied King George to London for the opening: of parliament yesterday, held a consultation on the impending birth with the royal physician, Sir John Weir.

Elizabeth, now at Balmaral Castle, Scotland, will return “next month to Buckingham Palace to await the birt

Soviet Union :

The Literary Gazette published today a‘ letter credited to de-

he

séendants of Count Léo Tolstoy|

denouncing his ‘daughter, AlexAOS Tolstoy, for her work as

2 tion in the United Stated. . ‘The Foundation was involved

. [teachers who did not return to the Boviet Union aa scheduled. One of them, Mrs. Oksana Kasen kina, jumped out a window at the let consulate in New York. - “We déspise and curse all who are trying to usé the name of the

American gangsters, iynchers of Negroes, murderers, stranglers of

ted democracy, dnd enemies of the aned freedom- ~loving PeOBlen: i "

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7 were Kenneth B Keene, Spencer W. Curtiss, I vice: president in charge Graham LeVay. A Thomas Publishing Co., vice president in charge of

Manufacturing Co, treasurer, and |, Miss Portia Christian, Caldwell, |} Larkin & Co., Inc, secretary. cones mee iis’

Film Actor to Wed

HOLLYWOOD, Sept. 15 (UP) —Movie acter Tom Drake said] today he would marry Gloria daughter of comedian Jack Haley, in December.

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Kinnan, ow; Macvin bo hu of > Stokely-Van

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Chores 800 pounds

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Church Plans Benefit

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Jeeder and Stocker Osbtis and Cains x . irtaaiie [email protected]]

1000 POURES +eps oe vspee. [email protected] 300- 900 poun 21.00@%.00 "Gato Bears) .

‘The Mary and Martha Society

Church will hold a fish fry tomorrow and Friday nights on the church lawn, 38th St. and: BanProceeds ‘will. go. into

Rites Scheduled For C. H. Peters

Times State Service DANA, Ind., Sept. 15—Services

for Charles H. Peters, who taught

telegraphy to. Roy White; president of the B. & O, Railroad,

‘died Monday night in Union Hos pital, Terre Haute, Mr; Peters, who was 78, was a [nitive of Dana. He was a'retired | station agent here. He is survived by his wife, Mrs. Charles H. Peters.

William E. Traylor

. Bervices for Willlam E. Traylor, 71, who died yesterday in his

- THE INDIANAPOLIS TIMES -

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held at 1:30 p. m. tomorrow in the Shirley Brothers West Chapel. Burial will be in Crown Hill Mr. Traylor, who was born in Maysville, Ky. was a retired}: hoisting engineer. He had been in Indianapolis for 40 years. He is survived by his wife, Mrs, Alice Traylor; two daughters, Mrs. Marie Williams and Mrs; Florence Johnston, and a son William Traylor, al of Indianapolls,

uv. $v Statement

WASHINGTON, Sept. 15 (UP)—Governs ment expenses and receipts for the cur-

{ New Crown Cemetery

{finished his high

ree For fear Requires Record ‘Outlay of *7C

Services Friday |

For Local Soldier |

“Sgt: Monroe Burial in

Services for Sgt. Albert Maynard Monroe, son of Mr. and Mrs. Chester Monroe, 953 Albany St. who was drowned Jan. 20, 1945,

ew Crown Cem-

etery. Sgt. Monroe attended Manual ‘ High School and

school course at

WEDNESDAY, SEPT. 15, 1948.

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Banks Fear U. S. Cus On Credits Will Cut Market for New Cars :

Rules Out $3000-a-Year Earner, They Auto Manufacturers Are Not Wor

By ALBRO B. GREGORY, United Press WASHINGTON, Sept. 15—There are two different schools of thought today on the effect that installment credit curbs will have on the spending habits of individuals, : The new controls, prescribing specific down payments on cone sumer crédit purchases, become effective Sept. 20. Most ‘drastic of the controls governs the purchase of stomp. biles. They require a payment of one-third down with 15 months | The Joint Committes on fn. to pay the remainder, plus interest s and insurance. Where the | exceeds $1000, however, 18 months are allowed for payment, The automobile manufacturers

o ruled but of the new ear

the YMCA, He Sft- Monroe was employed as a window trimmer for Sears Roebuck & Co. for five years. He was 25. A paratrooper in the 11th Air-| borne Division, Sgt. Monroe entered the Army Oct. 14, 1941. He' was stationed a year in Hawaii,

returned to the U. 8, and was

sent to New Guinea in May of 1044, Survivors’ besides his parents! are three brothers, Paul, Delson and James; four sisters, Mrs. Juanita ‘Shadbolt, Mrs. Mary Gene Kessler and Misses Jo Ann and Barbara Monroe, and his grandmother, Mrs. Eva Monroe.

Realtors Annual Outing To Be Held Tomorrow

Indianapolis realtors will take to the fairways tomorrow for their annual picnic and outing, John B. Lookabill, chairman, of the Indianapolis Real Estate Board, sald today. Several hundred are expected to tee off. A president's cup along with four other trophies will .be

rent fiscal yedr through Sept. 13 com-! “ipared with a year ago: This Year Last Year Expenses $6,067, 0.411 a. 169,403,218 Rectipis 5,784,086 s 393. 204.894 x 78,548,37 Cash alanes aa ay 2.913, lic Debt 252.6 170 258 09,

awarded,

Actually the great bulk of | {new car ‘buyers will be in the 1 {third of the wagé and {earners, at’ least until next J 30 when the law expires. : > The regulations also will” gov+ ern the instaliment purchases &¥

say they will not suffer appreclably. But financing organiza-| ‘tions, for the most part, think] {the controls ‘will hurt. Many new cars are now being ‘purchased with ‘one-third down, |

‘generally with the remainder {payable in 24 to 30 months. a number of other hardgodf§ Ba Worried items, lke ' washing machinas, | mks ‘Wo radios, mechanical refrigerator§

Most “banks insist, however, and furniture; or {that used cars be.paid for in 12] ny.ce jtems, however, will To months.

quire. down ‘payments of 20 In

Banks which finance install-| cent, but the payment period will

ment purchases, are worried. be 15 months. 4 They point out that the short- - ened credit period will make it Local Produce = impossible for a $§3000-a-year ied wage earner, with wife and child ioghorns or isso “i tak] to meet the heavy payments out [i 30 17e “he of income. and Ieghorma. 28e:’ & a poly, 4 Using an $1800 automobile asa 4 1s 0 ods base, one Washington banker hres Eade. ry > Le: crude to

dium, 43c; Grade Rufterfat— No,’ 1, #70 is 3 edo.

Local Truck Grain Prices No. 2 $2.08. Ne. 2 white corn, $1.93. No. 2 yellow (corn, $1.73. No. 2 oats, 6c.

BLE

worked out the problem this way. A $4000-a-year earner with wife and child could barely meet the installments. But if he had two children the bank would not finance the car at all/because his basic living costs would make payments of $80 a month for 18 months almost impossible.

»

home, 5504 W. Ohio 8t, will be

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from an

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Between New York and Harrisburg, streamlined electric locomotives, drawing their energy

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Over the Pennsylvania Railroad's lines west of :Harrisburg—smooth operating Diesel “locomotives generate their own electric power.

New No. 3 yellow soybeans, $2.29.

=

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