Indianapolis Times, Indianapolis, Marion County, 19 December 1948 — Page 8

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By EARL RICHERT Seripps-Howard Staff Writer

market for - used autos and ol

country,

gaining.

cities. The report from booming’ Hous

Now, he's trying to get $15,000. The reason for this situation

to get a place to live,

for rent in Houston,

& month, : Used Cars Cheaper

~.were only. partly responsible

Cleveland dealers in the so

- are still selling all they can get

pecially the more expensive ones

ing one-year option to buy. If the tenant wishes to buy at the end of the year, he can apply the rent he has paid on the down payment. Used-auto prices are still up in Ft. Worth, but sales are off. One dealer said he hadn't made a sale in two weeks and claimed Regulation W (which requires a onethird down payment on any automobile) had cut his business 75 = per cent. Demand for new autos In Ft. Worth is apparently as ~ strong as ever, : it amma Le Home Sales Slower

Used homes are coming down In Pittsburgh and the market is slow, especially on those above $12,000. There is no across-the-board cut in'prices of new homes. The reductions are those of barSaining, of taking a smaller profit in order to sell. Used-auto prices in Pittsburgh have slipped sharply since September and are still slipping, Demand for new cars, continue, but many cars are on exhibit in showrooms and ger ones are being ‘ warehoused. Even some persons | offered Chevrolets are turning them down ‘and waiting for the bew model next month. . Brand-new “used” cars still sell at premium prices in Evansville, Ind, but 1946 and early 1947 models are no longer selling above new-car prices. Older models

~ Evansville dealers, still selling . 8ll the new autos they can get,

For Old Homes And Used Cars

Survey Shows Buyers More Wary of Prices

WASHINGTON, Dec. 18—The

homes is softening across the|

Such are the reports to ScrippsHoward newspapers from key!

ton, Tex. cited a man who was offered $18,000 for his own home| & year ago and refused to sell.

ft was said, is that the customer . ho longer must pay a premium Last year were virtually no places Now it is possible to rent an unfurnished. two-bedroom apartment for $75

In Cleveland, used-auto prices have dropped 10 to 15 per cent in _8ix months. Dealers say the approach of winter and the tightening of credit under Regulation W

They report people are hesitating to.spend money on non-essentials. county chairmen of the Christian

called “popular” makes ‘of cars

However, quick delivery can be obtained on some new cars, es-

: Ft. Worth, Tex., reports prices d remaining high on both new and|9U® used homes, but a slow market and a drop In construction volume. y

_t The. CROP program is inter-

down in price but up in demand. \of-the-way places as the Philip-|

8 |

Hamilton.

start on its way East tomorrow, The train, laden with soybeans Lin. ceremonies in the railroad Severin Hotel.

Rural Overseas Program (CROP)

Gates. to Speak

dent Frederick Hovde of Purcampaign chairman,

state CROP director.

will join

mas Day. One phase of the CROP drive {was the opportunity given public and parochial school children to bring pénnies to school for powdered milk to feed the children of Europe. More than 92 Indiana counties have organized committees to assemble the grain for the train. The grain not enly will feed the hungry abroad but the milling and processing of it will give idle folk employment,

faith representing the collaboration of Church World Service (Protestant), Catholic Rural Life and Lutheran World Service,

Oldest Marine, 73, » Signs On Again QUANTICO, Va., Dec. 18 (UP)

Pupils of the Oscar C. McCulloch School help CROP drive. Chester Hatton, Phyllis Chisclm,

Hoosier Food Special Train Doctor to Plead Heads East Tomorrow

Gates Tops List of Notables at Dedication iy Of 256 Cars of Grain for Europe Hungry

A festive luncheon In the

{and for county agricultural agents : . | will precede the dedication. {To Head Wabash Seniors

Gov. Gates and Gevernor-elect Schricker will speak as will Presi-|—Willlam Wagner of Indianap-|died of stab wounds from his own

and|the Wabash College senior class| Dr. Rutledge, critically ill trom Dennis Anderson of New Castle, under a newly-adopted .electoral|poison he swallowed while detec-|

The Indiana train will go tojunity. I “| Philadelphia where it 325 Ft. Worth builder Is offer-|others from various parts of the Mr, Wagner are William Lowes/Hattman after his wife's confes. for rent a new home with a country for dedication or ChFist-

Big Hearts . . . Prop CROP Drive

! Left to right, Karen Malicoat, | “Norma Sanders, Jamesette Webb, Wayne. Wiseman and Jimmy | |

‘Unwritten Law’ | Hattman at Cedar Rapids,

| His lawyer, Leo ¥. Laughren,| » Wheat and corn will be dedicated; qi0ated that self-defense as well yards down the street from the|, what he called “the traditional hotel for district “and |pjght of “a man to defend - his| a rells ” ~ 7 or. home” would be the bulwark of William Wagner Elected he aetense. | Meanwhile, new evidence was advanced in support of the docTimes State Service tor's. story, told from his bed in CRAWFORDSVILLE, Dec. 18 City Hospital, that Mr. Hattman

olis has been elected president of knife.

system intended to develop class tives waited to arrest him yester-| [day, admitted that he engaged Other class officers elected with|in a hotel room battle with Mr.

of Acton, vice president; Frankision ‘that she had had intimate Beardsley of Frankfort, secretary, relations with the Emerson Elec-

and Don Little of Crawfordsville, |tric Manufacturing Co. engineer |treasurer, with whom she worked.

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“lof the Indiana Farm Bureau are!

[somé “grass-roots criticism.”

ST. LOUIS, Dec. 18 (UP)—Dr.|ture Claude Wickard, now Rural | Robert C. Rutledge Jr. held in|Electrification Administrator, toid the hotel room slaying of Byrqniof how he helped organize the

Iowa, today revealed through his pointed out the tremendous pro-

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225 Hoosier Visitors By DAN KIDNEY Timés Washington Bureau | ‘WASHINGTON, Dec. 18—Two! hundred and twenty-five members|

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The Cabinet official was prin-/ cipal . speaker at a Mayflower Hotel pre-Christmas dinner given| by the visiting farmers last night. | He outlined the many things the! Agriculture Department does for farmers now and added that one’ of the greatest needs is construetive criticism of this work from the Farmers themselves. Secretary Brannan didn't go into the matter of parity pay-| ments, or suggest what President Truman will recommend regard-| ing them. ‘Wickard Speaks The Hoosiers came here from! the National Farm Bureau meeting at Atlantic City, which went on record for a flexible parity payment plan. Former- Secretary of Agricul-

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