Indianapolis Times, Indianapolis, Marion County, 17 October 1948 — Page 55
7, 1043
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applying ir choice AY in an cost wifl
suit your
AIL HIS JPON DAY!
-
The Week In Business
Stepped-Up OilNindustry Ready ' To Compete for Postwar Market
When oil men got together to observe Oil Progress Week they counted their blessings and the lessons they had learned in production, raising quality standards, dur-
ing the war.
the postwar shortage but were putting their house in order %
Mr. Hartley
the best service. Another method is to inspect the stations monthly. Still another check is t6 be critical about their
renewal of
these methods point to the struggle of the gasoline business to shake off the wartime panded distribution systems is lethargy common to most
Country Graveyard
The big crane Shadeland and 21st St. has been busy with the important work of placing footings which will anchor the sprawling beehive of instrument production in 1950 with a $15 million annual pay roll. Today the plant, which hustling ~ Gus Raymond, production genius cago once or twice a werk in of W-E, says is not yet on blue- aerial seven-league boots. prints, looks like an old country| _Eraveyard with the concrete foot- one in Chicago and the pilot and] ‘above: the ground personpel training .plant. in the like the top-of-the-hill tombstones, Linde Air Products—Buiidmg at in Thornton Wilder's “Our Town.” Speedway, moving machinery and | Raymond gets together production units gradually from about once a week with the archi-! {Chicago to Indianapolis. . tect and engineers from W-E's home office, 195 Broadway, N.Y. tion for a think session on project, transition. Asked how he intends
ings jutting
Mr,
told. Wonder
Art Streeter, that costs money.
By Harold H. Hartley
The Times Business Editor
They had caught up not only with part of
for a more competitive market. The gasoline business is chiefly a mat-|’ ter of selling brand names since insiders tell you that quality is pretty well stand- . ardized. Where competition comes in is through filling station service. At-the-pump services are being checked and improvement encouraged in several ways. One company has a “Mr. X” visiting their stations. It paid a bonus to the station attendant who gave “Mr, X”
All of businesses serving the public. The’ oil business, through improved pipe line sources, new courtesies to the public, and ex-|
leases.
gearing itself for the buyers’
market.
=f the site of the new Western Electric plant at
He keeps two plants busy, the
walls, etc. He expects to keep his produc- The National Outlook—
in high gear during the Steel Up. Clothing Down,
FIRST PRODUCTION LINE—In the pilot and personnel training plant in the Linde Air Products Building in Speedway, the alert Western Electric Co. «already is turning out completed telephones. The operation will expand gradually until W-E moves into its multi-million-dollar-plant at 21st and Arlington, Here girls are com“plefing the hander-type assembly friteliaphony: instruments..which. fang on” 995K5; JGeneral . Motors, -GRneFsr “Eine:
Expect ike
Fourth-Round Wage Boost Pattern Looms
Survey Conducted
By Foremen's Instityte By 8. BURTON HEATH
16 Al fourth-round wage boost pattern is taking form, the National Foremen's Institute the basis of fourth-round conitracts signed in the months.
ing organization
raise is 9.4 cents an hour,
a token raise to
of labor leaders,
plans. Undecided On Living Costs
of livin know wage increases will have on it,
that there would be no genera fourth-round increases. If this year’s negotiations fol-| low other years’ patterns, hope is dashed.
past, bring. price
tric and the like,
their unions
af Boods on hand. That as against $2.76 last year and $2.30 in 1946./ $1.58 of goods |
Bread Advertiser Hie grows his own holly. When gut on tha other haad.. prices others are forking over their cash; ‘heavy fuel oil, which last year | tor house decorations, Joe slips y.q “scarce, now are soft, and And they had only
Joe Argus Sr. (American Es- out into the yard and snips his agricultural prices, led by wheat, On order, versus $1.78 last year)
{ates Co.) is money ahead duringiright off the bush:
The Big-Lleap Conservative Nash Motors is taking the big leap this week into the charmed circle of all new post-war models, dependable car, but not much for glamour, Nash this time has shot
the works on
hotter than a depot stove. dealership here with the Pennsyl- {1a deal. * vania Motor Inn, is going to build, ces the promotion of Ken-| an old-fashioned railroad station, noth E, Highley to operating man-! pot-bellied stove, right in the showroom to put over| Show date here next tw
the idea. Friday.
Ww. Rr. Krafft, Monarch Buick|E. Huddleson, Oakland, Cal.
president, -is
build a super-service station on al charge of sales and advertising| site adjacent to his used car lot for 20 years, and Mr. Huddleson|
at 10th and
Firestone Tire & Rubber Co.
Apr. 15 Opening Date Set | For 1949 Home Show Here
Spickelmier Begins
Choosing Committees The curtain will roll up on the 1949 Home Show, Apr. V _ Bpickelmier, nounced JOMBRANY. The show will run to April APE ier 18 aelseting
Mr.
committees from 11 civic and trade organizations
corn, and cotton, are down about and $3.49 in 1946. Thus, the cus- | 25% fromthe first of the year. tomer gets in more “shopping”| Any housewife can explain the for her time and money, Natur-| change that has occurred in the ally, she’s choosier, because she | economy, She sees more variety/has more to choose from,
HOUSING RUSH OVER? Number of new homes started fails to keep early pace, now lags behind ‘47.
Always a sturdy,
its Airflyte Series. The advertising boys say it is] In fact, Indianapolis Nash, sharing the]
Bill Krafft also an-|
all fired, up, ager of Monarch.
Stokely-Van Camp, Inc, nas! wo new board members, Charles |C. Culp, Indianapolis, and Edwin| Mr,
getting ready to Culp has been a vice president in|
Illinois Sts. The has been- a vice president in is, charge of West Coast operations.
THOUSANDS OF HOUSES STARTED THOUSANDS OF MOUSES STARTED
wancn Ee) [ nov. owe
Dote. Department of Labor Prepared for J. A. Livingston
In Neverse { The businesaman sees the statistics in reverse. His inv entory | [turnover is not so rapid. His sales are “stickier” He has to push |
15. Carl harder for volume, even in the hard goods. And what is true of|
president, an-
ment of Commerce figures show, Total sales have stopped climb: . ing. in most industries, but inven-| ‘NIGHT SCHOOL
tories still rise. Result: Payeho- |
sponsorin, logical letdown. ] the show and will include the 2 It voli is going up 2 por cont Use the Hours of ..Ahe Home Show a month, executives expec 0 Between 6 and 9 -
Board. . Mr. Spickelmier is chairman of the executive committeé, made up.
of officers of
Other members are Smock, first vice president; Richard C. Lennox, 2d vice president; Mrs, Muy, Honey C. Prange, 3a vice Edward D. Springer, 4th president ‘president; Carl C. Welland, treasurer; A. C. Crandall, secretary, and J. Frank Cantwell, managing director. , Born in 192% war. The Home Show, born in 1022 | in the Manufacturer's Bidg., at by the Indiana Society of Archi- Appliances, etc. will spread, espethe State Fairground, was one of! tects. the first home expositions in the built in 1940 and 1941. Last April/that home building has slipped. } ¢;,
United States. sponsored by
Real Estate Board and has been show is practically exhausted,” month, under the management of Mr.|Mr. Cantwell said. Cantwell every year since with) for space ‘are coming in from habilitating and expanding in the exception
..jeantinye to go up 2 per cent a . |month or do even better. Wen it doesn't, woe. - Yet a flattening {out in. sales. is unsurprising. People are Sn most of their income; they're saving little. How can shles increase? The important point, however, is that people still have the yen to spend. Businessmen are worried because a good part of the post-| war plant expansion job has been! completed. They fear that what has happened in shoes, men's fuel oil, small electrical
IMPROVE. YOURSELF Our Downlown Location Makes Night Attendance SAFE
Home Show, Inc, Arthur A.
_ Oarl V, Spickelmier
| when cancelled because of the
The home is designed each year Suits,
Three model houses were cially since they can point out
It. was originally two were built. In September houses started were the Indianapolis| “Exhibition space fo. the 1949 down for the fourth consecutive)
“Applications Yet. we're still repairidg, re-|
Naga] oe i
of 1942 to 1945'many firms all over the country.” spots, |
¥
w
retailers is also true of wholesalers and manufacturers, as Depart
riod last year. jtucky Ave. said yesterday.
HISTORY'S BIGGEST
past two
In about 15 per cent of the new contracts there is no increase to £0 into the pay envelope, or only “iron out inequities”. and uphold the prestige
But in these instances thé employer has agreed to use about the same amount of money for sick leave, insurance, retirement, health and other social security
that}
Hoosier C
fu.
Other States May Fail to
Due to Produce 270,686,000 Bus! By MARKY MARTIN. Times
| Indiana
it is good, But they're not all re or, new government crop estimate has predicted. A record-breaking corn 6 Dl dus ticeg t 3,567, foregast for the nation. an Indiana total of 27
S. Est
atmers have looked
|at an average yield Id of 58 bushels
[per acre.
| 1s the estimate too high? sore {Hoosier farmers in the midst of .
belleves on ¥heat sowing, fall plowing and has. Noted)
the harvest of soybeans; took time
‘Out of Line?
Anybody who has driven through the country this BUMMET | pq nrg, knows the crop will be big. But| nee: some farmers and agricultural leaders commented that the estimate looked too high to them. Elf Ward, manager of Eagle Valley Farms in Marion County, told this reporter he has seen other years when yields were better than he expects from his 250 acres of corn this year. After ‘a trip through the Corn Belt across Illinois and Iowa, Willam Adamson, vocational agriculture instructor at Decatur Central High School, Economists say that one rea. Out that way is “just average; not gon they cannot predict the cost|28 80od as it is in Indiana.” is because they do not! The next few weeks will tell a effect fourth - round the story. Pickers have already table in six months, but it takes
last week to say théy thought the! |government forecasters had their
The Wage Research division of {sights set too high. the Institute, a labor fact-find-| serving 30,000 |employing businessmen, has ana0 [lyzed 400 fourth-round contracts and found that the average new
sald the crop
year for Ay [eve seed and other
her pric ert
waiting for that
Te ean Si If lower grain prices are
news to the grain farmer, the
livestock feeder who considers a drop
good news.
With favorable
of sows to pigs next
the quickest way to use feed supplies to relieve the shortage. A pig born ‘can be pork chops on
next your dinner
begun to harvest the big yellow! the farmer much longer to rebuild
| ahead.
Effect on
LL than in”
Prices
The Institute has found, in the farmer remains to be seen, that wage patterns that
ing equipment for the big job
| !
|improved on nature. Farm prices have been on the'learn something new last week increases - and add|skids for some time now, and about the fuel to inflation do not come from federal ieoncessions -made by Big. Steel, | Indiana
| Most of those who have thought ears in some areas, and farmers and expand herds to produce beef, {that inflation might be halting elsewhere are readying their pick- veal, lamb and mutton.
have based that guess on hope
Nature and House Fly
It's the nature of
that
you can't grow meat animals
Even if’ farm prices hold at/produce several generations
“By the time those concerns/the decline as it dropped from/develop strains that are get dround ,to bargaining with|$1.90 in August to $1 79 in Sep-/to the bug-killer. their hands have/tember. been forced by 30 or 40 thousand
Whether a big corn "crop will overnight to end the shortage of [spell finanéial disaster for the meat. Our scientists have not yet
nature of our ever. house
And, untike
progress. He commutes between to do it, he ‘smiles quietly and contracts already signed by|present Jeveia, mountisg farm single season. Indianapolis and the airport- mentions something which sounds {smaller concerns .all over the : hugging Archer Ave plant in Chi-' strangely like “stock- -piling -» M St N [ country,” says A. C. Croft, pres. \[- — —— or @ in ores Ident of the Institute, | Farm Machinery Sales at Peak, to Hold | Experts is radia Oleg | The Jnstitute's conclusions Sn — ———— i . z 3 upon new contracts s Through 1949; Shoe Operations Decline © Drop by Christmas 0 "he Past 60 days. - B L AL By AY Ey Of these about 400 granted ivingston ¢ fourth-round increases varying : ” ys WASHINGTON, Oct. 16 — The trom a5 little as a 4-cent aver- 9 : I ———————————————————— Fru —————————— snseme——" » -~ v ht Mr. Livingston, University > Michigan (1925), worked on newspapers, then pen (rice of Sutter xpe alee to be. age in Paper “mang In 45 Such . : —jomed--the-New—York—Daily Investment News, becoming editor. He was public {and the price of _oleomargarine, struction industry. The rest in- | - . A SP A DE A SP A DE 3 utilities editor of the Financial World and economist for Business Week. He | may drop: That's the Plature as [volved delayed third-round raises. | | ET rare - edited fidential for. the Wor Pi tion Board. HM obtained from competent govern-| The average increase in the 4 cepted thr on bsnes rede. Wor Prouction dourd; Hes oy (ment and private sources here. [fourth round is about 2 cents As an Indiana manufac tuter, you may be classed | RE cme 3 The ‘present butter market is| junder that which started the Ad ce rp hing acid mao re 4 ’ weak, with wholesale prices down. third round, a year ago. because large advertisin, terms of © | _ Steel Vs. Clothes This 1a ascribed mainly to the| At that time the boosts started hun of dels, this aude under: | We're in a hard-goods hard soft-goods soft economy. [fact large quantities of milk sup- With Rnd fluctuated between : : 3 3 : ' posed to go into ice cream, cheese ® an cents, and fell - » Great Lakes Steel Corp., in Detroit, raises prices of ang ge engin went nejcent pattern, Hosta In ur book, you itv belgismal it may ; sheets and strips $3-to-$15 a ton, which means that the stead into butter when summer| The Institute concerns iselt its Selstivaly llions Speskinge- 3 mote import 10 YOU that : Fat : Bh p. b : {sales of ice cream and cheese/solely with lalmor contract mat- ons are 10 LOC plain, simple language: i CONCRETE FOOTING—For Western Electric Plant automobile companies will have to pay more for their steel. so); pelow expected levels. ters, and made no attempt to Prepon funding thse reales vSiiting Spe, 1% ; ’ But Crawford Clothes, Inc., manufacturing retailer of men's Forces own find out whether—or how much— for Indiana manu earn 3 Winking Cat : 8 Pris. Dawg the pay raises have been or will What do we do? We bri adislae | i iclothes, cuts prices 20% * tos for her money. A merchant ¢ can) This spurt in. butter produc- we * to your merchandising +} th end of 56. ® = ye be reflected in higher prices for ide vi i i . oo EIDE S57 he th Bel Terepnane’ Bg, Meet, Present day heeds.” (¢XPHIN the ehange ton Two years'ion otead lees prices are ex |We companies produete 1 deo sig we tromaion od bv. We. actually gets attention. | The Department of Agriculture =o, "0 re’ put lots of guods on Pected to go up again Wi Rr hor: - = ive you We your business. We add our The reason: The cat's leit eye {figures ‘that farm machinery Gut-| |" Oleo prices may go down be-|YVisconsin Realtor | ledge of "how to tell it” to of .* winks at rs-by about every| "Washed windows at 1119 N. Me-| put this year will reach a new rder. Now he has more in the y 8B n | kr ge how to to your : Asn AY, "Viridian. A clocker at the door re- |store, and 50% less on order. His Cause there are bumper supplies To Talk to Board Here of how to make it.” We put se ideas back of yout » seconds, . Zedestrians 4 watch! ted 23,000 visitors in the four- [nigh eh Jomdin at 2 merchandise is more up to date,/0f soybeans and cotton seed. oll o "o' West Wis. | product with the best in advertising art and copy. ca or a win f evels in ut International! "I tro hi Grogan, Bend, ? ’ ik |day showing, Oct. 8-11. Shoe has cut operations because too. Deliveries from manufactur-| S07 W ch are main ingredients), isent of the Wisconsin Board We don't work for peanuts, but we earn out of Johnny Williams’ Tucker show-| Eight Tuckers have been roar- lof declining lers and wholesalers are prompter Ooparigh 1048, by The Indianapolis Times|Of Realtors, will address the In-| else. We are an intelligent selling job for 200m ..became....a.... Pied Piper's ing aver the Speedway. oval for : |and there's less wartime, prople- d Chicago Duly News. ine. diatajolls Real Etats Board at! and se want to 3 the same & for you. ai is 2k EE en ae Ee Lia 50'il gies, The ee Trin EA wrt ean: |] Jicome, without ob course. A : miles) rear-engined, 166 h.p. mod- nounced average for the Tucker tn ¥ have managed to boost their Index Shows Living Cost, tor's Code of Ethics.” Carl G. neon ni el on display. He expected strong is 96 m.p.h. with 135 miles an 4 sales, boost their stocks, yet cut Rj Seytter, president, will be chair- ol interest, but found he had a super hour speedometer top on a Say Suis Yea? tng Sica sa ise for Indianapolis Sev en DTIbIL vice GC. A. SAAS AN D COM PANY : magnet hidden behind his white-'straightaway. aced-emply the following table shows: { The cost of living index for In- id mn : : jays, now has | Monthly Average |dianapolis shows 4 .3 per cent| pres ont, will present the speaker. cA. E Sales Promotion 5 Wind Bag Lusiness cn hand f NS 0 rise from mid-July to mid-August, | 3 ‘The Wonder Bread blimp hovering over the sky-line this week for two or three | Fuss Balok Sticks of Tqen it the Consumers” Price Index of Adopt Inc Incentive Plan 407 G . 5 is a temperamental Jady in a hign wind. Has no control. Passenger y ars; likewise oa s ny $913 $018 /{the National Conference Board, Swift & Co. has started a year- UARANTY Sutbis ¢ LINCOLN 2831 “E¥ car swings dizzily and she has trouble taking off and landing. One airplane Tag | 1947 291 803 519 wk) reported yesterday. long incentive Plan in which INDIANAPOLIS 4, INDIANA fe day in a slightly stronger than — when to uary Lora 308. 881 the rise with 1.5 per awards will be made for sugges- ; wf , 1 bre ne du; pooh eller the o Christmat oD ots ie! shortage of parts oy, ingston | gn every dollar of sales this ‘cent gain during the period. The|tions to promote business, Wil- ; usual bree: B a prop money pours through pocke € as a result of eal. merchants had 32.86 of] index showed a 7.4 per cent in-|liam D. Schmidt, manager of the # into the ground. And, as the pilot sand through a prospector’s sieve./gtepped up military purchases. y crease compared to the same pe-/Indianapolis branch, 223 Ken-
BARGAIN
. gz 300 a0 22 TT PRIORITY-FRE ~ SPOT BID CLEARANCE SALE
With priorities no longer in effect, this great
ac-
cumulation of Government surplus property, consisting of both used and unused supplies and
equipment, is offered to all classes of trade. he inventory includes:
“ADDING MACHINES» BOLTS * CARDBOARD BOXES #.... CARBON PAPER * CHAIRS * CRANES » DESKS * ELEC- * TRIC HOISTS * ELECTRICAL EQUIPMENT # DRILLS *
"FORK LIFTS * HEAT TREATING EQUIPMENT» LAMPS. - ¥ MACHINE TOOLS ¥ MISC. HAND TOOLS * NAILS » NUTS » PAINTS * PASSENGER CARS » PAPER CLIPS *
PIPE FITTINGS * RIVETERS + SCOOTERS * SCREWS » SHIPPING CARTONS » STEEL STRIPS » THUMB TACKS # TRAILERS * TRUCKS » TYPEWRITER RIBBONS »
WOOD PALLETS
: ‘SALE UNDER JURISDICTION OF CINCINNATI REGIONAL OFFICE
SF fi en Perv
AT WAA WAREHOUSE NO. 22 ©
‘Dorothy Lane (Moraine City) 1
DAYTON, OHIO
will be available at the
Tl Sh nei 0.5. locate the catalogue.
OCTOBER 21.23, 1948
INS 260 TSE oh Tally Through Ociobir 200 ae
CATAL E lots to and A ai warehouse or may be yd |
Bo A