Indianapolis Times, Indianapolis, Marion County, 29 November 1948 — Page 7

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MONDAY, NOV. 29, 1948

* On Way Out? Experts Differ

‘Wall Street Watches Yule Sales for Hint

By ELMER C. WALZER NEW YORK, Nov. 29 — Wall Street is busy watching the experts for a clue to the inflation situation. Government experts hold that

THE INDIANAPOLIS TIMES

Ram Jet Powered Guided Missile Nears Sonic Speed in Navy Tests

{board postponed action in the ab-

| Trade Mart in New Orleans.

frag er

PAGE 7

Action Delayed On Parking Meters

‘Absence of Feeney Halts Board Ruling * A tentative plan for installation of parking meters in the mile

square area was presented to the City Works Board today, but the

sence of Mayor Feeney. The board was to consider Mayor Feeney's recommendation

{tor installation of parking meters

{ir downtown Indianapolis, The Mayor is- attending the ing “of the International

When You S —Lot No. 2

FREE PARKING

60 W. WAS mIiNC

A Missouri St.

at Star Store

fi» STAR STORE 7/1

inflation is gaining and will gain | * Meanwhile, Lewis * L. (Cap) \ more if no controls are set - : Sousen: iH Satie hginter 1qql point 3a’ wrong Sieases before posed iovatins for meters to the SI a partme - tment o FR ' Novy's nev pilotiess ram jor: steaks over Pacific Ocean in fest; . “The map, drawti up on Mayor| ATTY i = 4 ay len unemployed ““R Shi ino w Capable of Car ing Deadly Warheads in’ the ares. bounded a okiaied : Emr. ott gots 1nes we NCSU pping fy eapon Lap ying y ‘Pennsylvania; Washington and Santa Is Here—Bring the Children

showing signs of shrinking, but 80 far there is no indication this is a trend. 3 Dun & Bradstreet reported that retail =ales last week were slightly under a year ago on a dollar basis. ‘It ‘was the second time this year a dip has been encountered. : The “first one-—in April—resulted from a contorted comparison ‘with an Easter week.

Buying Reticence Noted time in nearly three weeks today . stool. XH Cal. Flight information was tel- In a statement t . ool. Fours of For some tine now--since elec-|as 65,000. striking AFL longshore-| metered back to the ground by|/J* en ec ne PONE THR i 0 The tian great play avd 18 key baby grand tion to De exact—people have been men returned to thelr jobs from an electronic “brain.” |decision, Mayor Feeney disclosed fun, For the 2 piano. Red or JORS retiotni about Buying. Store Maine: tu Virginia. The announcement marked thel Eomle Steady in that the Safety Board had been : Ads say it's thie weather, Others However, the maritime picture first time the Navy had disclosed Y working on preliminary plans year old. ivory keys.

hold it is the election. Still others hold that consumers, having seen a wide market break, feel everything else is due for a decline, hence are awaiting definite results along this line before making néw purchases. This year’s Christmas sales may be a tip-off on the fate and character of the whole business boom for the next year or two, says the current issue of Business

load and unload some of ) Week. tnat|th® "60 ships a nad béen miles an hour, or almost twice| Heavier weights were scarce. A, fn ne layers JScommunlsel ’ The magazine predicts caught in port during the tie-up.|the speed of sound. few bids were made at $21, asiipol "Spi, RECOV Tom the Men's

with a halfway decent Christmas, retail sales in 1948 will break all records. A drop in unit sales, it warns, is the time-honored warning of trouble. Many other soft goods industries have had their setbacks. Some are recovering, others are going in deeper. Textiles are a point for exampie. That industry continues in difficulty. Leather goods makers are reporting re duced business.

Steel Near Record High

Meanwhile the capital goods lines are in high gear, notably

On Atlantic Coast

Pacific Port Strike Parleys Continue

NEW YORK, Nov. 29 (UP)— Marshall Plan shipments to Europe were resumed for the first

still was clouded by the 89-day-old West Coast maritime tie-up which threatened to contintte indefinitely. Despite an agreement reached with shipowners by the CIO Dockworkers who began the walkout, CJO and AFL mariners still were bargaining with employers. On the East Coast, longshoremen returned to work yesterday,

Dozens of coastwise vessels sailed yesterday, ‘but the first transAtlantic ship, the Jutlamiia, sailed for Denmark today. During the strike, some $36 million worth of Marshall Plan goods piled up in port, 300,000 sacks of overseas mail waited on the docks, and $540 million was lost in wages and business.

In Service—

Sgt. Wayne Bush

Controlled From Ground at 600 or More m.p.h.:

WASHINGTON, Nov. 29 (UP)—The Navy revealed today it has developed a guided missile powered by ram jet engines and capable

of carrying deadly warheads at Known as the “Gorgon IV,”

aerial weapon already has stayed in the air “more than 10 minutes”—longest sustained flight ever made by a:pilotless aircraft

with a ram jet engine. The Navy said the Gorgons were piloted by remote control and tracked by radar during a geries of tests at Point Mugu,

that the ram jet has been attached to a missile. The Gorgon's performance was regarded as greatly significant in efforts to develop pilotless aircraft capable of flying faster than sound. Capable of 1500 M. P. H. Although the Navy said the Gorgon was specifically designed to fly at subsonic speeds, it was pointed out that the ram jet engine is capable of about 1500

The ram jet, sometimes called the “flying stovepipe,” has no moving parts excepj for a fuel pump. It depends for forward thrust on the difference between the speed of the entering air and the exhaust gasses. The Gorgon IV was described af an all-metal, high-win, monoplane with a wing span of 10 feet and length of 22 feet. Its gross weight is 1600 pounds, 700 pounds of it fn aviation gasoline for the ram jet engine. In the test flights, an Air Force P-80 was used as a “mother”

ged of Friday. Medium to good grades

almost -supersonic speeds. the Navy said, the 22-foot long

Hog Prices Show

Stockyards Trade Hog prices dropped 25 cents a hundred pounds below Friday's averages in the Indianapolis Stockyards today. : Good and choice grades, 160

$23.75 a hundredweight, with the top price established at $24. Weights from 225 to 270 sold at $22.75 to $23.50, as 270 to 325 pounders ruled $21.50 to $22.50.

weights from 100 to 160 sold at $19 to $22. Sow sales ruled around steady to 50 cents lower at $1850 to $20. Heavyweights were down to $18. In cattle trade,”good yearlings and light steer weights sold at $20 to $31.50, steady with those

were $23.50 to $27.50. Some Go Over $81 Several loads of steers, mostly good to low choice grades, sold at prices above 1. Several loads of good heifers ruled $27 to $28. The bulk of medium to

to 225 pounds, sold at $23.25 to|Ti&ht

Feeney’s recommendations, shows!

Ohio Sts., with the exception of & half-block ‘on Ohio St. Elsewhere in the mile square, meters would be installed on all streets except where parking is restricted by law. Includes Alternate Plan The Mayor announced his intention of making the parking meter proposal last week. It was one of his major decisions on municipal policy during the 10 months of his administration.

for parking meters for the past six months. The Mayor's proposal includes & plan he believes will enable the city to acquire parking meters without having to buy them out-

Several firms, he said, are will-| ing to supply meters on a con-| signment basis and to remove them when notified by the City to do so.

nance empowering the installation of meters on city streets, 1. a————————————————

——————

SILENT ON MRS FDR WASHINGTON, Nov. 20 (UP)!

step will be to draw up an ordi-|}

_ TL IT

PEG TABLE | 4.98

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*19.95 Stake Body Wagon . . . . $15.95 %6.25 Wicker Rocking Chair . . . $5.25 $13.95 Velocipede, 20" Wheel. . . . $9.95

$22.50 Pool Table on Legs . . . . ¥18.50

4-Gore SLIPS

All-Leather ROMEOS

$395

Gift Slip

Donlevy the Gorgons in id plane to launch 80! good grades were $23 to $27.|—The White House declined coms! 4 INKEE" ay whi 3 Op Atound the air. Informed quarters said Common and medium lightweight|ment today on a report that Mrs. LAND rt etl Alt Chrysler had they traveled around 600 milesiyeqriings and heifers. were $20 Eleanor Roosevelt has. been " LAND” an hour and that one stayed Ini, e235 offered the post of ambassador to

to close some plants as a result of a material shortage. On Tuesday, the auto industry expects to turn out the five-mil-lionth car of the year, and experts say the industry this year

Col. G. T. Gifford

Attending School

M/Sgt. Wayne T. Bush, a motor sergeant with the Fukuoka mili-

the air 12 minutes and the others for around nine. A “drag brake” was used to keep them in the subsonic speed zone. Thanks to an automatic para-

Cow les remained steady with Friday’s averages, as good beef cows sold at $19.50 to $22 a hundredweight. Common and medium grades averaged $17.25

France. Local Issues

chute device, several of the GorDonlery will be second only to 1920 imitary government team in the gone used in the tests came to ie oF Sane 84, enti A . \NKEE output of new cars and trucks. |Bighth Army area of occupation,iearth with relatively little dam-|**j - oh teady | Américas Sizes 32 to 44 Montgomery - While the market is moving|Kyusha, Japan, was recently|age after their fuel supply ran A _ssles also werd “Steady & yes SAT fd her | % ’ back and forth, tax selling 18|awarded a letter of commenda-|. > with Friday, Good beef and Tia ghd fer 45.100 || Men's all leather romeos

expected to continue, and many persons are expected to remain on the sidelines pending indica:

tion of the course Congress willl In th dredweight in active trade. Good |Gyitwitn Tare 450M ig" """ 3 : : follow when It assembles In JAN: |secved with He on To Manila Chop and choice grades ‘sold at $31.50 Conselidated. Finanes pia... || flexible stitched soles, | crepe. V-top mods, adjustable uary. Arm to 834. ommon and medium > : : . = Em | Rat Arner. Suid rs Buin Sue an d A ll grades were $23.50 to $30.50, as 8 rubber heels. Sizes 6 fo shoulder straps. You'll buy these mployment Rate and Terry are living in Fukuoka. y culls sold downward to $17. 12.

Expected to Stay Up

tion and a certificate of appreciation for efficiency and ability by his commanding officer.

Their home address is R. R. 3,

out.

bo ees

Hollywood Goes

Times Foreign Service

sausage bulls sold at- $22 to

Belt. Stk Yds pfa Belt & Stk Yrds i

Merrill eo

B50. . i Vealers climbed $1.50 a hun-

Sheep Sales Weak

d w'w

make an ideal gift for | Sleek tailored models, cut in

him. Soft leather with

for gifts and personal wear,

Star Store, Street Floor Star Store, Street Floor

The Perfect Fitting

White, tearose, blue, maize

new length, splenaiff quality rayon

the 7

WASHINGTON, Nov. 20 (UP) Box 285, Insiausyels, MANILA, P. I, Nov. 20~In| In Sheed Jade. fat Iai silos HerfT-Jones ol A pfa lll. —There are “strong indications” Col. Geor wartime, the watchword in the Were wea 0 ce ~ (Home Tel & Tel "9 gd T. Gifford, 4036 N. .“ » 1ay’ ral The bulk of |Hook Drug Co. tom .. . hhead,” but/1ay’s averages. The bu : hat ie jresent Sieh wagloy: Capito] Ave. i mous 33 Ofteer PA Pores heal ig to i. good Si Shioice native Janibe sold iia “Gu 8 wacom’ © I F T A) : F i R M E N AN D B iH Y S ding military ! ” a 50 to $26. e top price dy ae & governmen} Sours a he mand and Loe BO ibirc - ALE $26.25 was paid sparingly. taal i 5 Lon Be. 6—30¢ Robert C. Goodwin, director of Me a Bey i ade, executive of Hollywood's Beach-| Medium to good grades ruled; oi water ei A e @ Boys’ Corduro the B n the r b t 1 for $23 to $25. Three loads of good Indpls Water 5% pfd nel Wilde 6 Bureau of Employment 8e-';n a series of th comber;, nocturnal mecca for Water My . curity, reported that 60,134,000 Tes Sourdes. movie stars and other celebrities, 2nd choice fed western lambs, |iigne Railways co S § 'RICHO” persons were ar work in’ Oetoper recently established a branch in|“eighing from 20 to 98 pounds, Jefferson Nationa) {-UP GIRL” Only 1,642,000 persons, or 2.7 per| [tobert A. Hogan, quarter pono sold at $25.50 to $26. Four loads gnein & O° Pit $ “in Color oy of the wn force. were per master, third class, USN, son of pt midway to the Orient ap. °f 800d and choice, 88 to 95- : nd ) Mr. and Mrs. Carlos J. Hogan, 548 parently is not enough for Larry pound western yearlings, with a ° urner Mr yee. win arded this; N. Beville Ave. is serving in the ‘few ewes, sold at $21 to $22.50. Boys’ sport shirts made eof HIN STREET” py 0s in reg 48/Naval Air Station on the Naval HE HAS NO Ww pe halt. Big tn Slaughter ewes sold at prices fine rib corduroy in wine, x October employment was 1,- Operating Base, Guantanamo vasion to Manila—with .a $500,- Steady ith. thes of. Friaay att] green and cinnamon. Bises ctor 000,000 higher than in the Bay, Cuba. A graduate of Tech- $7 to $8.50 for good and choice ip’ small, medium and Y T igher than same; a] High School, he enlisted 000 bankroll with which to startigrades, a few selling at $8. Com- ; 4 : DE SL Decent 04. Lh a Soren le om pa mom grades were 5,00 SL LEE By BOYS' SHIRTS A ————————————— ———————— ito $6.50. Ge To attra Sig 0 W. Michigan E Zi | od St OES MEETING PLANNED can flag. Estimates of receipts were hogs, Soving Suk (¥ pa: : ai Corduroy or: gabardine, zipper, n Sang X-4Liegre Fy | soutnport Chapter 42, OES, Manilans wish him well, even) 11875; cattle, 2425; calves, 400, sien Vha ‘Fme' CUI bu 1 98 PEALE Congressman Wed "i! observe . Friends Night at Hicugh he ay She better and sheep, 2000. Siokeir van Camp pd ...... 100 plain colors, two pockets, ex- . Sbieckn, ice g their 8 p. m. meeting Wednesday. sper oc vit niteries specialize in gy: : Onited Telephone 6% Bid... i | pertly tailored, a snappy shirt. | Boys sport shirts made of Bed Skelton sh? jnx|Mrs. Anns Elrod is worthy Oil Stove Explodes; u = : | NKEE" fer Ditching JINX n.iion and carey miro, worthy|Or\ntal dishes. : nt. Vadvanss Paint 1358 ” oni, Sizes small, medium and large, | £ANCY broadcloth also cotton CKERED COAT" patron. |Copyright. 143, by The Ingianapails Times Mother, 3 Children, Die Allen & SUeD 58 M1... 1nsenrs wll’ ral Sanne} in bold plaids. Sizes mont and Wash. WASHINGTON, Nov. 20 (UP) MADISON, Wis, Nov, 29 (UP) [American fosn 318 6 -... 108 MEN'S PAJ . : \n Land «Rep. Richard F. Harless of Ari- 3 VP $ ill ¥ T i x —The fire which killed a young|Bastian Morley Ss 61 . AMAS Men % Cotton Flannel Shirts FPAIRS oth i zona and Meredith Howard, [+11 @ r Oo 0 00 OF Pos mother and three of her children|Gitisens md ‘rel als 61° Outing flannel, heavy, in colored M b ce, Bennett, former Ziegfeld Follies beauty, / . was attributed today to an ex.|Soumsia Club 3.5 63 , ' $959 | Many bright colored plaids, full $950 100 W, Woekh were honeymooning today. For Fre a At In au urati on ploding kerosene stove. Hamilton. Mix Gots 1 ++ |jf stripes, full cut, coat style. A $3.95 length, two pockets, good fitting, ~ BE-6004 Their oft-postponed marriage 4 Firemen said Gladys Raines, in|}opsier Crown £8 56 «| value. Sizes B, C and D. expertly tailored. Sizes 1415 to 17. mel Wilde ceremony was performed in near- AFL Musici ' Union Chi f Ag ess 10 Siode whose room the stove exploded ingle Fran & Aum 2g of : 8 by Alexandria, Va., yesterday by usicions Unio Ie rees ag yesterday, ran about the two-|{ndvs P&L Skee od " i ¢ , t the story frame te t ing|Ind ys 1087 [0000000 "| H H ME Church of Latter Day Saints Gala Festival on Eve of Truman Ceremony [tne 30 other residents, |[yitiors. Telephones 61 wi. 8 ov. GIFT SUGGESTIONS for THE 0 I P 5 ’ | It Disney's Senator-elect Estes D, Kefauver By FRED W. PERKINS, Scripps-Howard Staff Writer Her warning did not reach Mrs. Lengsenxamp 0 i o0 . IE» in of Tennessee acted as best man| WASHINGTON, Nov. 20—James C. Petrillo, the bouncing five- {Florence Dinger, 32, who perished | 5,8 Pub Serv tise 78 i | Waterfall Style gin and Mrs. Kefauver as matron of foot-five president of the American Federation of Musicians (AFL), With her daughters, Judy 9, and|Pub Tel a%s 88 .............. | * Chap. 7 honor. whom sident Truman almost put in jail, will conduct a gala (Shirley, 4, and son Billy, 6. IDE The néwlyweds plan a trip to musical festival in connection with President Truman's inaugura- Another daughter, Nancy, 11, Local Produce’ ee ar Chests > South Ameriea. tion Jan. 20. escaped from the one-room apart. — eet | 2208 “Melvin D. Hildreth, inaugural committee chairman, said the ment by crawling out a window| Poultrs—Rowis, 4 la J resnetn Color THE NUPTIALS originally had|White House had apptoved his Onto the room of a 1eaAn-to. The to rma rome Set tarigrs Gorin | { TEXAS” been announced for Oct. © in|Appointment of Mr. Petrillo as his union should be protected other occupants escaped injury.|38e; coeks. 17c; stags, 20c; No. 3 poultry, Boston Blsokie” Knoxville, Tenn, But plans were|MUsic chairman, and that the|from canned mucic and other de-Two firemen were overcome Ie uy ap NO Lops. 8 he. A tase.) 15 East oe changed when the bride's father|Petrillo union had agreed to put|velopments which reduce the de-iduring the two-hour battle to ex- (sc; Grade A hurge, ode; Orage A medium, yrs Loy asked that the ceremony be per ou 2 Zain! jubilee on inaugura- mand for, rian tinguish the blaze. He; Gre B ase rede A small, / formed at her home. " ery a B15 P.M. The ceremony then was set for| The huge National Guard Ay present there is a compara 2 Escape Reformatory [Local Truck Grain Prices | Representative of bargains we offer IDE Tulsa, Okla., bit three more post- Armory here will be converted tive lull on the Petrillo front. The] Two escapees from the Indi |§ for gift giving is this beautifully styled S nements followed before the into a theater for a performance only battle now going on is over P ana No. 3 réd wheat, $3.20, Cedar Chest. 8 -Inch solid red cedar — w po of several hours by featured > Stale -Reformatory at Pendieton; xo. 3 hite corn, 31.33, covered with genuine walnut i marriage yesterday. The come|n oo artists and units, includ-|* 28% to be paid by makers of were sought by state police today.| No. 2 yellow corn, $1.18. re 8 nut veneer in srons—In Color plications included some difficulty name bands and possi s|records and electrical transcrip-|They escaped yesterday Aafter-| New mos selow soybeans, 42.48 Waterfall style. Other beautiful chests i Texaye with marriage license bureaul|, He Ax an Doss by 2 tions. noon. ET Trace to $69.95. i clerks in Tulsa and the illness of (¥TFIOAY, ORCAORIRS. Here Will ©, irouse labor subcommittee] The runaways were Jasper Me-|cuommmin ATOMS CLEARING HOUSE oo! 5:45 to 6300 Mrs. Harless identical twin, Vir man in d his family Tr. 1ru- last December said Mr. Petrillo/Intosh, 19, Charlestown, and Ken- Debits hdr 000, REFLIN ginia, in Mexico. Mr. Petrillo is one of the few %% pal war of She misic heth Burton, 24, Jamestown, Ky. [ERS” “rms _womsincuans stone | gain whom Oohgress has, Ghicago local of “tryannical, ANNIVERSARY FETE SET a Debit 95 taiored upiasia J or. The cketeering 1abor practices.” Mr.| Members of West Newton ChapL PARK’ Guy Youh t this law od trying to Hildreth, who said he was ac-|ter 489, OES, will celebrate the CK SEATS LEE ge bod SAY. quainted “to some extent” with|25th aniversary of the orgenitaand Delaware tted. , | ti , iteh-in dinas oy Tes OVERALLS The act makes it unlawful to Mr. Petrillo’s past doings, ex-|tion tomorrow ; A pitch-in din COSTELLO coerce radio stations into employ-|Plained the union boss volun-nef Will be at 6:30 p. mn. ane ‘ustahed ll, 0" one perfions than are needa |teered to de inaugural music NSTEIN” SHIRTS & [for a broad chairman. : ia Paimer Nl once tor services, of pay ton tra Mr. Hildreth said all festival oriole anon LDIERS” A privilege of broadcasting record.| talent would be furnished free. - 0. op phoning EER ings of transcriptions. sg lt comfort; the whole Mr. Petrillo has been tried twice : Y GAME TABLE SET SIMON BARUCH under this law and acquitted both X' “piatinumemith & Designer family will like it. 43 W. WAABINGTON 4%. times. He has been in conflict ( Table and 4 Chairs Exactly like illuswith all large users of music, in-|(y i Bt Mo

EVERY THURSDAY OLLAR DAY

vising companies, makers of phonograph records, military service bands and high school musical organizations in trying to prevent them from broadcasting or making records. | He contends the members of .

{cluding broadcasting and tele-|

Have a paired & Jewéier enced in Jepairing all kinds of Jerein Remotulding «~ Resets ing: idering—all done gredtest care

FEHR

$24 95 : tration and . * Round table with steel frame, legs and rim; folding steel chairs finished in gray enamel. Red, green, or yellow leatherette table top and chair seats,

Table alone. ...$10.50

Chairs, each....$3.75

igh hardwoods. Assorted upholstery. conversation benches special at $24.95.

in walnut, mahogany or blonde finOther

Star Store, Third Floor