Indianapolis Times, Indianapolis, Marion County, 13 February 1949 — Page 48

8 can

Conf ollers First fo Detect hifts in Buying Habits

BN

By HAROLD H. HARTLEY, Times Business Editor [E SENSITIVE EYES of department store con-

gee a change in business or buying habits

than anyone else. They can pin down a break in

in Indianapolis last year was about five times (from $20 million, ./t0° $100 million) the lead of the

and 1933. And if one examines the rest

that this ratio applies to most

Second Week

ou

Drop $4 Billion in Paper Valves From

|the’ pat. ‘week ana at the close!

High Made Jan. 22 D. Clark

deep depression years of 1032

of the economy, it will be found}

showed a loss in paper values of

high made Jan. 22, _ ~ © Jt was the second week of desimilar

n Spot

Truman Advisers P

ry

Victims of Institutional Lag With Anti-Inflation Program

By J. A. LIVINGSTON WASHINGTON; Feb. 12—Leon Keyserling and John

someness, of the inelasticity,

are almost perfeét illustrations of the cumbers

of government action.

Yet, as men go, Messrs. Keyserling and Clark are agile

around $4 billion from the year's Program

g

0 other businesses. they should, sharp-| Department stores In the| break, along with Charge ast year, ( chart), .. Shoe i A . last year, For example this eds w,|stores were next and -apparel Mr. and, Mrs. Edwin Orem have purchased this new frame house through Cleo Taylor of Phillips /week’s loss in the posite aver- Wreck in the °Federal stores were third (4 per cent up). Realty Co. Ovid Clark, the seller, built the house. agé amounted to 1.4 ts. A a that sales volumel The turn came in the furniture On the Far \ > year ago the loss was 1.44 points. By NOEM, Percentage Change in Sales, 1948 from 1947 Br “ City Watches Tide of Prices Wop MY I dividull Sit ROME, Fe : «Grain Down Trend wh It Sho S somo of the selling was traced fo Pape. Pius X ’ n ¢ t il . traders who were raising money 35 per cent, steers 40 per. cent, cotton 10 per nary secret if gg : en Ops or e S * |to boltsér commodity margins. dinals today Department stores | . i ‘ dinal Minds A S : Official Buyer Notes Big Change _ The break in commodities, far had been fo | ’ moi spectacular than stocks . action ei | When Seeking Items Once Hard to Get brought the Dow-Jones commod- "ot in a position—even were they that lang befare Sauig er Tussion and | \ Farmers Cancel Orders By HAROLD HARTLEY, Times Business Editor {ity Index down to a new low since po Sinai ny Bust declines) taking a Keynesian approach. Neil wid oa . In U Mark | If you doubt that prices are coming down, ask the man who June 2, 1947. h the price ve - ted a Fe-l, "i is a period of readjuste rinces “of nA nsteady et does the shopping for the City: He knows. : | ~ Fear Another Blow analysis of Mr, Truman's SON ent, a tax boost would be the | pein ipal’ alm Apparel agores i By HARRY MARTIN { He always gets bids from four or five suppliers, then buys wh tion. Besides, on the next day 3 Principal y R By PP uy ere, On Wednesday — the 9th—the|at his wrong medicine. It ‘would take dinal Minds: | Times Farm Writer ‘ {he can get the most for the least money. | commodity ‘break was th AS press conference Mr. ‘Try. money from potential spenders that of ; ‘Albert H. Losche. wit - e widest man stood pat. po ups When grain prices slipped last Tr y h 13 years’ public purchasing experience, since Feb. 10, 1948, almost exact! and increase deflationary pres- Church in Hi Furniture stores (week, many Indiana farmers says there's been plenty of change in prices, and the once hard-to-ig year: The reasons for aL Sen. Walter ¥. George (D. Ga, sures. The sole excuse for it Cardinal ) agreed it had to come. “We're al- get aes are cluttering up the, 4 customer of an old firm and ties dropping also were similar to| VD? is chairman of the Senatelwould be that the government tenced to li “3 i ofionee vores |ways the first to get it in the] Two years ago the City adver- Nad & strong priority ( and a few those of last year, namely uncer- Finance Committee, was not sowould spend the money promptly charges of t Fousshol neck ™ said one. "Farm prices al-|tised for tires and found no bid. | Strong words). Today, Mr. Losche | tainty over what will be done hampered. He declared that a and add some of its own-—by Court in Buc JR ways lead the way.’ ders. ‘Tires were bringing too **" et it > the carload, no) es Sovetpment in pur- tax boost would be hazardous un-|deTEH Ruaneing. 8 2 tafiation Jills : day a on J : ; uch : {questions asked. e ay : , dy "Th rice aki ached up nto UCR 0 1, ope, marke, 40d Tout ilar ond new tf AC he preset tm, Grain ee mothe an [ee Fone peo rs fae. _business. It broke under the level mand vernment st 4! farm ne a maf rders/ Vth a thrifty City purchasing |® Purchasing agent, unless he is perts point out, there are 343| ‘Rep Robert L. Doughton (D th turned But’ the | Lack ¢ by he levelimand. the-governm rangled | farmer canceling orders & IGE © lon the selling end. And right|million bushels of wheat in the )E en up Again, . * “However 5 3 he Jrevious , and the/the applicance it business for tractors, combines, balers and *8*"% $1500 Iu Bid |there Mr. Losche remembered the]loan atcount.-and. if the govern.| as’ QLhAlrman of the House present readjustment is differ ! sufficiency went a e oper Yusinessinod choked off sales of refriger- other equipment at the smal fast Tord S the City hundréds and hundreds of pounds ment uses this for aid abroad, it Ways aa 4 Means Committee, ent—Dboth in quality and quantity. i ciirity of inf $ : about cent, ators, stoves, larger console elevator trading posts. ™ a A of “vegetable oil” which is piling|is feared markets will get an- es hose sentyments: . It has lasted longer. It is much t © om menti y Jewelry business about 8 per cent. |radios, irons, driers, washing ma-| The question the farmer asked|OPNed bids for $1500 worth off, ., vats and he still h ther --bl 8 We will get a better view of|sharper. And it has spread it nth 3 Bo there we the story of chines and other household equip-|was “How can I reduce my wage truck tires, received 21 bids. More by hn , and he 8 as that other --blow. the situation.in the next 80 days|throughout the economy, thus: whiech-the oly 3 the American cutback ment. costs?” He couldn't cut wages Dan that, the bids were followed : : For a time, the stock market ‘ en. about t i system. He cut jewelry first, then| Those with an ear close to/and he couldn't let his hired men|UP AnXiously by 18 salesmen who . " . [resisted the commodity setback Lasbor Less Militant fom res in September = Pope sald. i then applied moderate official Washington bring the go, and still run his farm. appeared in person to add a little | on the theory it, plus some signs| from 1745 in September to : “Above all 3 to furniture. ence in undercover news| Fertilizer was’ stil high, the|Vo¢al persuasion to their quota- ran TICES dail of a slowing down in busjness,|1714 In December. International Shoe workers have taken a A and sus k Regulation W which|that if automobile and appliance same went for spring seed. |LODS. | |might hold back tax and price 3-cents-an-hour cost-of-living wage reduction. General Motors work- Jy cedure, the 2 % appliance business out|sales @ not pick up by April Implement dealers Struck al The City buys gasoline. Theres, control legislation. ers are due for a cut of at least one cent and possibly two cents in : construction # alien 10 Jowply Regulation HP be either|strong sales note, sensing the beth 3 change Ja Bhat, Ae. a At End of Ww But when President Truman oh a a and the price af Shredded Wheat; and the phy: 5¢ de-|softened or entirely. farmer's declining income. Ford- us at the City reiterated his demands for a $4 Hans : were off 4 per cent from the cor-- ; Cardinal ap, | & nl Dearborn deal : found trouble getting any of the| - : billion tax rise and price-w: A, & P. advertises these reduc. : cusation not I on 3 i ON ere tod in Indianapolis that |companies to commit themselves| CHICAGO, Feb. 12 (UP)~controls on Thursday, the shage|tons In meat prices compared|SCRMLNE FULL po A bit’ against i “The Time Is Now,” meaning the 1°" anY length of “time, but|Spectacular drops in grain futuresimarket plunged down. With October, 1040: Chuck roa per cent. = : and condem 3 ’ there's no trouble now. The City on the Board of Trade this week 37 per cent; lamb 35 pér cent; rib . He said t k ime 10 geil - |nmot only bought its gas cheaper unsettled other commodity mar- Industrial Average Of roast 31 per cent; fryers 22 per| THCTL: Many: unions like: used Cardin oi ~ Plan For Quality by 1 cent but the present holder|kets and provoked two investiga-| At the end of the week, the|cent; pork 38 per cent. a ee out Joe ; means of af : - ery to Jammer now is not of the contract cut his own price tions into alleged “speculation,” jndustoal oibrir end a 3 new| TWO: Retall sales are hotlgor a fourth ok ng ; by charging : or IR ’ tai. |b « 30; railroad, . : garian or Sugdance WY, Te sl aly cent just to keep the busi a ak end, prices were since Feb, 14, 1948: utility, since pushing ever higher and higher. mated Clothing Workers is a Hungaian mato growers is “Plan for quality,] The white-haired, shirt-sleeved| Actual pri Jan. 8, and 65 stocks, since Mar. NOW that goods are more plentl- ig Opents,. though. mg Prais pick for quali fo on : ctual price declines for thei; 394g ful, consumers rush less to buy./than a year has elapsed since the The a unity. Shy yer To purued Ha ind ngs past, However otal SVR Trading increased to a daily Sears, Roebuck reported an 11 per 123,-cent wage increase in De- He _ prais A n s than for some recent weeks 0 i e ymber, “the 8 , 2 {to hogs-and corn storage. While/the City keeps an eye on the ups and ‘Friday's prices f average of 1,006,000 shares|cént drop in January as compared cember, 1947. In the silk dress ; people, ayy ‘Hoosier-produced pork 1s im-/and downs of the soap business, liveries ped significantly peo aguinst an Average for the full with sy Lawl sgo- Tha may be adam jhe Spies. Dan tore ey proving, the push is still on to but it does. . than the lows Tuesday. sessions . last week of 778,000 partly gue BEyILg nan ust IAT. : the -utmost move more “Good” and “Choice” Extract Vegetable Oils M del) . shares. All markets were closed the farm belt as a result of the/won't take ft. And arbitrators 1 hogs to market. For the TAIMEr| In the Sartiati, tate ot id i ge very JPrices compareditoday for. the Lincoln's birthday pice arop. Sales of Separtnent Jeciaed against | any award in J ’ ae w means rtme ’ h . 5, le trad Farmers, ca rape 1 ,.|you're reading before breakfast |Wheat 5% to 5% cents a bushel holiaay. stored In. the week ended Feb, 5,/ New Eng lea : The Pope price slide. Sus ed aie 4 stop here) the garbage is prog-|lower; corn 3% cents lower; Oats|decitne. Prag 8 mod ale gversal . : great conso better corn cribs which qualified fessed to extract the vegetable/1% cents lower, rye 11; &ents|pyt experts said rhg® notin | LABOR MARKET LOOSENS ] ceived mess ~ Hor government loans. {ofls. The soap companies have|lower; soybeans 11% cents lower|cat . . : : ) : . ; the. W AS it is, they have to sell for| CC" ager for the supply, paying|and lard 110 to. 113 points a Ei tel 1 twee) }oyolls sise. 6s quis and bitm drop. a om John l1ess” than they co F19% cents a pound last year, But|Pound lower, "| voor ’ Cardinal's se : rowed in d vy have bor this year the soap companies are Demand Improves Noms electrigly Gulp, sis pro-| — We are d ry-floored, well-roofed! pot eager. Ineed th h Pp duction, and ofl and gasoline out- | i to the Lord, , |storage. That is the way the interested at all ey are hardly| Tuesday's limit drops for alllput. Auto, coal and car loadings| |¥ eo gr to comfort TE we rota a vos; ary! The last bid was 47; cents and [ures delivisien. tha Afst aioe So ed galas... Bitpl Sade hela, grace all un : » e 00 many|the C { «0 ' ug e low clos-|its own. : .. cribs won't meet the government the City atifenc ep in indig-|ing for the week. Demand im-| Thanks to a stepup in produc- 60) gti standard, ell keep it proved Wednesda th +-Those wi ‘| until the price goes up.” a | y, and under the(tion by Chrysler and Chevrolet fibert: f 1 dangerous position to take April inn BTR. | en bo gms Ae 40) - : of n cks was to 109, " - the uncertain. days. {wheat recovered. about 6 ns units, compared. with 102977 ia ; ins Min Tes e City stored its vegetable corn 8 cents, oats 6 cents, rye 14|the previous week and 83,966 a A religion ant vy ; fats in tanks and is waiting for a/cents and soybeans 4 cent: y o al le vinity, no c higher market. The nD Toate = d year 259, fz 2 exist., = esda, Take typewriters, A few years hit the bottom permissible Racay Steel Output Dips | 16 Cai ago you had to “know somebody” |allowed in a day's trade and there Steel production dipped to 100.1 n Sixteen Cs ] 0 get a typewriter. Today, it is were b | per cent of rated capacity at! FMAMJJASONDJFMAMJJASONDJFMAMI JASON consistory, v CHICAGO, Feb. 12 (UP)—Live- different. = Typewriter salesmen|experts credited the com re| Which level the industry turned, LAR ERE LT se utes. The P stock markets rallied on the haunt the City purchasing office general liquidation of long lines| Ut 1,845,400 net tons of steel. ® Biseay +0 Labor Siutiuite ) Prepeged for J. A. Livingston the consistor [strength of somewhat reduced re-| With alluring tales of the merits/and general lack of confidence {n/ 10 the previous week the rate/.s +o. + _- . _s Internal conditions in the labor ; grief over tl ceipts toward Friday but gaims| OF er Products. [future prospects with-bringing on wor 3 een oe terns and the out: Shift in Bargaining marie: waicats a sry jo the B Df Cur failed to offset basic underlying! - Similarity of Bids We eiiing spree. | Steel mills Tt A year 880. pargaining power of unions vis-a-vis management. Layofls are i ag weaknesses which brought lo One thing which worries Mr ve came when 30y-\ it and prod ‘ Per| icing. And the rate of hiring has dipped to about two-thirds of ANC. nobel wer . beans futures all dropped their 10- cen produced 1,670,900 tons. declare them prices at the close of the week Losche is the unerring similarity cent limit Demand for oil and gasolin what it was In 1946. The same gues for voluntary quits. Apparently, In the same week, hogs sold at/of bids among the typewriter|then wheat Neguening first corn declined and gasoline Ee lies workers are more satisfied with their jobs—they are better adjusted ! Sates “ 3 thelr _lowsst. level since the re. companies. The strong evid oo : rose sharply, indicating to some | onl ye kom hat you the economy is likely to undergo The ponti moval of OPA controls in 1946 Of price agreements worries Mr. Report State C experts a possible price reduction 10-th8 boss, Xop koow what. you a real supply-demand test—with- points: - ae parle Dat brought the | Losche. Every bidder has signed po oh Dr oal before the vacation season sets San da it 0 oF Wnting out benefit of big wage boosts, a ~. ONE: Thi ' op steers and|a “non-collusion afdavit” but Production Ops in:—-Carloadings-- were -- slightly . all new. shot in the arm from forel : “most seriol choice heifers. {somehow the bids Le P bo ; The over-all inference is that * e oreign ! : o come out ex-| Coal prod . above the previous week, but well : 4 ald (like ERP), or a jump in : conducted 000 eats Were down, being 34.- actly the same. “Most amazing.” [tons in Feat, the ral mass below 4 year ago, eh toring Mit tn It. The Gen: armaments, | Publicity bet sheep. and 2200 eo yaogs. ins 24 exe-wiking comment. {Association of Indiana reported toh, jae Si I BY Jos ub. eral Motors two-year contract|. Will consumers be able to ab- conducting | : 1 e lig ulb people present !in Te i 7 goods American seg 11.200 00 cattle, 54,000 hogs, the same problem. The City buys| The 2 Fal Yeo eray. at the all-time record of §24279,- | Auto Workers Union big ed ord oe. SdGatry : -to_soe what 11,200 sheep and 2100 calves last! abo ,214,000 produced in Jan-|000,000. M fn Auto Workers Union can hope to|can p A ui . week. {about $5000 worth of bulbs aiuary this year was 90.000 tons un = mi oney In circulation was get out of Chrysler and Ford.| My guess is yes—atter | bit. oO: val |year. But the discounts, st ; 5000. tons | up a miere $1 million. Business y 8 2 trial was “t Sut Choice steers were absent from + Strange- below. the same month a year|failures rose to 145 high High coal stocks above ground—| Great wants still persist: For J Church in B : the market much of the week |. © | Identical, to the pén-ago. January tonnage, the asso-|since Dec. 3, 1042, a 3 res 70 million tons as against 52 mil-| housing, autos, clothes, household i THREE: backs in with the actual top $26 paid Mon-| The unsmiling light bulb|ciation reported, is usually the with 136 in ’ A lion tons a year ago—weaken| goods; for roads, public schools, IB hy h: zr Lo a Vink os gay and Wednesday and prices $1 Silcomen ay t to i Fair Trade largest of the year. land 97 a ey us week | john L. Lewis’ power to drive a|university buildings, public works, yo) A New Wardro x n ; 0 $2 lower. es Act. But there is a low-|. Earl ul : hard bargain. Indeed, unions : ~~ dsigned- or nics banement: Wardrobe Box. op {10P-.0n steers. in load “iota waelS priced brand (Sylyania) which reau of Mines put 1948 produc. Mm : HEY _the Oulist Stel Wotkiis But at th moment, the detain be. publicly oe bgp hd Yo Nang vp It is an example of the urge to 50, Sholos heifers were $21.50, 1" op - YR Suds and wip in Indiana at approximately: Predicts Bright RE Tad GA . direct Jott, ote in-GE0 ANH dn SHY... ae been. y : ] » OF 1 build more and better products in| "0d Sausage bulls * brought the share of it: - mitHon-tons; about one and a gy ep Te" TA _direct pay increases. ment, and prices—proBahly has d / OE A et ducts am 8aIme_price..in.- a highly Bh he bread Out Carpet [half million-tons under 1047. BUIIAING Prospects |_ For the first tme since VJ-Day, turther to go. ¥ fession atte of the Capito! Box Gardner. 00 to get its share of dwindling" ° Ploture. pes TdcHs-— motor trucks—there's| — = —— ~~] “min wages and full employ- Younaer Brother Tp oe ¥ ee Call BO ME oo 018 consumer dolar. [been a change'in them, 0.” 20) Hammer-Benders ment in" butaing. mausey wii Conger Brother Tulsa Pastor Leads | rour:m will hold about 40 garments and The tight-sealing wardrobe box Wins Insurance Trip faster—on ays He "Times Special continue through 1049, according Joins Ford Business ‘March on Washington’ i against the ean be sealed against moths an alls designed for use in small Oren D. Pritchard, manager used to have to wait, bow trom CHICAGO, Feb. 12. [to Robert P. Gerholz of Flint, Times Special CHICAGO. Feb. 12 (UP)—The i pletely false Moisture. in 1 apartments, attics or basements °f the Indianapolis Agency of the waist and spread the red car-| Newsmen wh Mich., chairman of the Realtors’| DETROIT, Feb. 12-—Willam| a . E can did not are ive feet high, [for off-season storage. It Is not|'M® Union Central Life Insurance| pet-after—he LE row ans rt B ver Si {Washington Committee and past/Clay Ford will join the Ford ‘eV: Wallace J. Murphy, leader nation of n 32 inches wide and 22 inches deep.|the first of its kind on the mas Co. has qualified for the com. salesman in. truc Nutional Womes Show 14 president of the National Assocla- | Motor Co: early next month; of Tulsa landlords -battling gov- structions ic It i inn Tier than most on the ket, but officials at Capitol Box Pany’s convention in San An-| Now, cement. Last October you Chicago-Feb. 20 to 24 may tion of Home Bullders. Henry Ford II, company presi- ernment controls, paused here to- of Hungary at ng win jana ihe Jenacks insist it is one of the most stur- mio, Wohin Monday through could not buy cement in Indian-| °°Me home with bruised ee, iS Sr iving ut 4 Rew and deit, and his brother, announced day on his way to Washington FIVE: T moving, Mr. Gardner asserts. 'dily built. | nesday., eau of wages, prices today. | Lik — yo i ee ee apie unless you had been an Pagers and prize money, land living A rt ty na ares to become acquainted "1, 22 ower from Tulsa, to i Millon ho can production men will be Inter- i | 3 ’ on a population increase of 15/ e company, my brother charge that rent control leads to 4 t ike Beavers wii i ie cn ot tnoer EMPloyment Picture Bright | | mo rome mov ou mien ib hme, oT a ve sgh of ne'er « Ml. RB, , War an e 2 - award three prizes, $100, r. rholz his pre- operating) Mr. Mu said . Ho Sh a cms in on oe vine 2 In Bedford Limestone Belf | wm. oo pre [oy mi wb it i, FU Si a keel if y een the answer to Ger-| i ’ ? overcome the deficiency » Henry 1000 property own when it : ca dure man staying power in the war, reporters most adept at |of depression rtim II sald. : nem When. | - Re "The GOIIMANE Bl. | meiosis | Jobs on Increase as Labor Uni nailing into steel. tailment, and. aha wa eo San.|. The younger Mr. Ford, who is Fepchts Wash i been suppre ‘ways have a high rating in| With-#ome permanence. ‘The only! as Labor Unions, Great Lakes Steel Corp sion on th 8 Seine 24, received his B., A. degree from We Jian to get an r Ware, driver } per man, and they| Fats, and that is tentative, for Industry Near Contract Agreements calls it “The Hanimer-Bend- [He reotntly Spoke a “nicage Yale University last week, are Boing 0 oll TE tine wp ' ork Ska héuvers 30 keep Hetr et 2 anapolls station, ' BLOOMINGTON, Feb. 12—One of ‘the brightest employment! 08. Contest.” . _. Real Estate Board meeting. or state socialism poh vod that #f fui , tide of the war i vd 1 one-minute look at an animated limestone Tiana is he BiopmIngton-Budtyrd. sre, home 91 the Wh t’ N i R | E > . Bureau of Standards try.” he sald. Si . everywhere : ow. (advertisement, o Jobs are on the increase here despite th a s ew An eq state: Official to Speak } " fang rp «Television. is still fine-penciling| TV men figure thi th spite the tapeting off in : Distributes Bru be sbived w $18 rate card. The reason: C gure this will be ef- Other sections of the country and labor agreements with the EE W. E. Braithwaite, chief of] the conditio a ahs. Teas n: Costs fective. A minute is a Jong time, limestone crafts are predicted this week. packagin and material Bas Lilly Paint Products, Inc, has ameliorated 35 all in and paid for Palsy tara a Yun, och ” ur this week with agTesment has be h hiing of the National Bureau of "e€d appointed exclusive = dis- they will b ip ’ ary , and some, of course, since the war week with ement has been reached be- i i tributor for De | schedules and staffs are set upiget much more. 9970 on the payrolls, a gain of {ween his company and the In- net meeting of the Indiana Ma. |Prushes Gordon Riley, D. & R. Finally. : Story of the Week cons, romer tm weer oar Uh ui neresh of 57 oer a6 BepUEts § How Con terials Handling Society _tomor-|\l0 TATSST, announced last peased, fr : ain days is the tale of N | . ; L Hatel, . rr bring peace %b-who tan a general » dows vo Fo ed and a Year ago in the 16 firms sur-/tract to be agreed upon by Fri His subject will be: “The Need better days ho general store country vey: y the Bloomington Em- day. for 8 re . owned the store and Eb worked for him. Eb kept asking|ployment Office. Blacksmiths S| ap Buhanidisaton, a 480. nib] for, and getting. higher and higher wages. Ned saw his si { ign : Mr. Braithwaite has had al- ensue for a ; aw his sales go] The gain was entirely in male] The I a Lads down and his bills pile up, yet he hated to cut the wages of his faith- employment, the female employ-itute o Shdiana Limestone Jnat Oa ay Tour Sapisithee rn : TS ———————— - 4 ya : bar. uo as adSul elerk, . [the clerk, and breathed a sigh. of Ment figure remaining relative gaining committee of the Stone ministrative assistant, secretary, Ha . Finally when something had to "constant, dropping from 33.7 ’ 4.) whe relief. : "4 {SOntant, dropping T Per cutters Association of America, {chief business specialist and now; i ; ‘be done to keep the store going, Eb prospered for a ‘while a8) ve refi 1. per cent, Thomas representing cutters, planers and is ‘commodity specialist. PHILAR © Ned said to Eb: “T can’t pay your Proprietor. Then Eb noticed hix| CLIT: employ ment office man- carvers, A two-year contract has te eee . , (UP) — Bo 15 Bl agenidn money,” Won't you, Mast han Jo Sp, There waa 08°F TPL [uesn signed with'the Disckamitha’ Named NAM Officer 891080 ; ome stock?” take some of his pay In stock. William G. Riley, president of “The Tpdiana Limestone Co. em- : John L. McCaffrey, president of Rubber Co took some stock, and the Ned took more and more in stock the Indiana Limestone Co., said|ploys approxima tely 900 of the Mr. Fieber Mr. Argus is Mr. Seytter the International Harvester Co., 2 : poe fook more and/s4 things got worse, but it kepton¥ wage contract a Eo 2700. aie hi cis newly deed’ | t of the. OF has been elected regional vipe| id hid y The a contract he owned contgol going. Le | signed and others are predicted workers in the Lawrence County rd, chats with Carl Sevier, retiring resident. and Fioh of Manufacturers - RRChEER, 1 wat a MoMA: EMI(S 0 rn A you guessed it), Ned [Before aontipets axpire Tussday: storie belt. ‘Others operate under| Joseph Argus dr, officer, at the agnual banquet nounced today by Waliace ¥, Ben. LIN 147: off 4s 3 | {Se Store again. \ Mr. Ra virtual complete |the Limestone Institute. | eld rechitly in the india Athletic Club. ph 7 ane CON

gh ; ae

nett, NAM president.