Indianapolis Times, Indianapolis, Marion County, 7 August 1949 — Page 24

2 i Si 3 ip we og

- Business Notes—

“Advertising, Loans :

Black Even Refrigerator Pickup

Sales Show Turn In Affairs | Rails, Utilities and | Aid Recovery From Recent Slump a By J. A. LIVINGSTON : ; down of the I. “TP STOCKS sistk into,new-low- ground, people will be-| Industrials Feature vil was unk of the fis, sien to 000 he I come more uncertain and cautious. They’ Il think and perhaps _ irregular Market Bottles 's. high speed. roicton ne slowed to & diswuraging act in t terms of ‘the 1626-21 depression. “But Tr ‘the market 4 Press Tass Lditor [ creep. a neu — eyes for

“rallies, then people will ‘think anéw: Well, this is ust. a ‘NEW YORK, Aug. 6— oN he inte haa tin. head up industrially 50 go reat : guns, The refrigerator plan moving minor postwar read justment| [4 in ‘Boston that the rise in nl Stocks. spurted to new highs magic of oil has put new.life in Southwestern Indiana and parts. i They Do after all. And they act Re apace to 4 million was) since Apr. 19 in the final session| the city’s trade pulse. lof Tiinois. And ofl means quick ) 4 be expected, that no depragaion, F (this week after a DR An Indianapolis executive, there easy spending. For Evans. YOU p regular ise In the previous 'our| recently, sald It 1s becoming & in. “it means a new TS - After 1 Wrote that at the ¥-{ was likely, F -{ spending to with a touch of ginning of June, stock prices de-| sessions. pending town, prosperity, long overdue. sitting GHned to ReW- Postwar tows: __ Whether the rise in the atoék| | Ralltoad issues “stood. ut yn Dallas ite civic enterprise. The There a reborn spirit’ In ‘the turned into | they “promptly got up from fhe, [market is a cause or a result of that session and their average oD Orman Hotel is humming, |... said the executive wikitor, Nope At le floor. From 161.1 on June 13, the the improvement in sentiment is' reached a riew Ligh sfnce May 27, *04 or filled with businessmen ywyen money is on the move, \ tive produce Dow-Jones industrial average rose hard fo say. For business perked Broad Ripple Ave. “Ylooking west from Guilford Ave)... i. Ma st. of » | # glowing community. SST. |The industrial component made and salesmen. people: have ideas and. I that's anoth 10177, or 10%. up 160. The steel companies, after. a ea ry its best figure since Feb. 3 ana Of! wells, like bubbling springs, | into motion, too. That is what is = - . _. out of the ba Sentiment among pe — famishing for orders during June CG li I fe Fu ih the utilities did their best since are pouring fresh ‘wealth Into) {happening jn Evansville. rT louis Be officials, business men, union and most of July, are receiving impse. n o v ure— rain rices (Mar. 6, 1047. i i i Ta pened to be leaders, and investors perked up inquiries again. Steel scrap has | Utflities rose in every session : : ‘ : sina doing nothin simultaneously. For example, Wil-| risen $1 to $3 a ton, a sign that! L k ' : 'but the rails and utilities rested He said he r liam Green, president of the the industry has eaten into its, rocc ipp e oo 5 After Sharp Drop on Wednesday and Thursday Bom, whi American Federation of Labor, stockpile. ! ll : Ber, the an f . "Advance Slowed ‘want to talk Oth mi neo 3 nn wu To. Fu ther Expansion | con ends tower | v ne er Sign $: ONE, Newspaper advertising in June was up| Corn Ends Lower | Ao hid mid-session, the booths on th TT Over EYedr Agu. Retaters are pushing -harder-to-get-business; | memes vekly “Period LIRA was fighting what Wall! ne OS NDIA which suggests (a) that they're willing to spend money to go affer| ‘New Bridge and Rezoning w od | Street describes as a supply area. | sound booth sales and (b) that they feel the consumer has money. to spend—ifi | CHICAGO, Aug. 8 (UP)—The py, 14 on ares in the averages of Ownie Bi only you plug the right Jom att the right time. | K eys fo Future Development Chicago grain futures market ore where people are willing to left of Tim $16 mil i roan ended | Wrigidaire division of General “By MARION CRANEY . sold off sharply Wednesday butt on ‘stocks. -enough. mon. in the {Motors rehired at Dayton; because; a strong advance yésterday ear-| ‘Can’t yo July 27, thus ending a 27-week', ". ined demand.” The Tap-| Broad Ripple threw out its chest a little more last week: ried prices mostly higher than a, -AS-a-result-the rise was slowed. ~ chew the fat hat Vises Syversal suggests pan Stove Co. at Mansfield, O. J The expanding community not only owns a new four- week a0, an analysis Showadi { Finally, * however, the supply § - Wa, hia added to its force to step up out-' area was penetrated and then,’ _ ' . nose, Gr Somplatat. dan TO THese KaItToms-to- wor iane-bridge, but. has. been. given. the. green light to. further odey.-. [Helped by short covering, the “One-Hundred- Years of Service: Fhe South-Wind- Division WFBM soun “ ning 2 fall. now ns {>| rosters were too late to show up growth by the rezoning of an‘area for future business north| At the close of the Board of! market rose sharply, under the, of the Stewarl.Warner Carp. has fast "awarded certificates and only one aljo trend had been foreshadowed thei July smileys (or un-lof the Indianapolis-Water Co. canal. |Trade last night, September highest grade leadership. | pins to theie veteran employees. From the left, they are Emmett Sr week before (as noted In this” ip Oya Engineering News Rec) Businessmen and residents seuth of the canal already “heat sold at $2.05 a bushel] Until that short period on McCleerey, experimental worker (10 years); Joe Urbaniak, weld. "Dick had column) when six Federal Reserve, NOR mn ng) nee of wwards tor are wodering what the new pe —, compared with $2.05 at the finish Friday afternoon, the market! ing foreman (I5 years); Emil Petersohn, estimator (35 years); Wil phone an in districts reported advances in ord’s comp 2 ri 8 growing Broad Ripple. The foun-|j,q Saturday. [had “been enlivened by more! fam Smith, laboratory technician (20 years); Roland Dickey pro- © Georgia Con! anufacturers Sales. ion FoF THe wer ee. Ee site. when. developed 1.4 abe Tie Pros o HTH ~Gorn;~the-@niy-excoption-to-a- 31HCE. DY. Commonwealth _&. 4. ction helper 10 year and 4 Wiliam Fugit guard] HO.yeatsh.. cocci CRBELS_ROD of some durable consumer goods | was the highest this year, In New| to present stores along| {héen pushed by the businessmen’s| higher market, sold at $§1.26% for + Southern when again_sold on) = : An Anew increased in June, though normal-| York, Gov. Thomas E. Dewey an- Broad Ripple Ave: association for the 25000 resi-|September, down 1% cents for| jl To nl he Tine Tesognized June life insurance sales in w= United States were ’ Dick us lly Iv a drop is to be expected. Be- nounced plans to accelerate the| Could the new bridge, once dents. Installation of new street [the week. September oats at 67% lenders. Straws up 2 per cent.. Glenn L. Martin, head of his own e aa cause demand for refrigerafors State's $500 millon public Works narrow: rickety wboden passage, lights. also. has contributed to {cents a bushel, were up 115 ‘cents. Yon hive elas i [aircraft company for-40- years (aviation is only 46 years old) last the te evisios had been “unexpectedly strong” in| program to cushion the effects of | |some day serve as the key link their safety. i * Soybean Priced Up | y B pe e recov-| { week became chairman of the board. The new Glenn O. Martin Co. is a devel lery in addition to the technical : image. All he June, Nash-Kelvinator increased unemployment. Here 18 & develop- petween a highly-compefitive f resident is C. C. Pearson, 19-year veteran of the industry. ; production schedules in July to ment of major importance — &n/North and South Broad Ripple? |. The nearby delivery of rys sold factors, Several companies re. P Paul Coen, president of the Apartment Owners Association of When he !ig replenish dealer stocks. alertness on the part of state The canal offers a natural di- “RE g I 0 at $1.52 compared with $1.53 Ported higher earnings and a few we ays 95 per cent of the tenants, are. worth having. The Miss Con UR, Numerous companies government to responsibility dur-| vision, last Saturday. September soy-|increased or resumed dividends. | {Idianapolis $32y ED or eatrt . Ee . statistics of ~ have recalled workers. Industrial ing a business decline. Buch moves " ht Aroun a [beans were up about a cent at! Europe talked of a gold price © er Pop can » demands. Not of automobile driver education. Dick can pic Rayon resumed-full production at/are bound to prevent a major nough to go 32.36% yesterday and September rise which would be tantamqunt 2" ager # The American Automobile Asso- gress. Under Ha, Sovmgten, Ve. plant, The spiral downward. | Frank Ranger, president of the - Announces es lard, quated at $12.37 per hun-to a dollar devaluation and that wante ciation reports 340,000 students each player : jBroad Ripple Business Men's As- dredweight, was fully 50 cents was construed to The Jesthes Industry is Claim, 1 have completed behind-the-wheel formation in iii re higher. [potenttatity. - ging its_product. with . ating. The Automobile Assos ber-of -fiHin — artle i odl- | that. ~Jeather. soles. ALS SARE. Dow hacks a confidence has teen -— or oT Haris on vacation. yesterday announced the sale of (The trade indicated that i . Rail Group Alded | more than four times 2s rgsistive the program. ihe - speculative COnLK ve ML : ot i e-1 to nail punctures as neare =1 ~ . - - x} [Fis weekly column will be re< 15 Houses and seven lots in In-/count for - the sha eli-off| Rumors. that the Interstate R:<C2sFleitz Jr. has joined the k h November's post-election drop. sumed on his return. |dianapolis and Central Indiana. | Wednesday but some | weak oes Commerce Commission soon wi pl Sabsuute, The Bgureet Tt ses) Underwood - Corp. as a supply e ia . lover the period reflected the fact ST2nt higher freight rates helped 1 while the salesman, headquartered at 1301 " Cond {Joe Berger sold houses in 3639 {puncture prime leather ’ Pricws + Production) : sociation said be didn't think the NE AVS that the government subsidy for|the.ralls on Friday and they!) ....ct substitute yielded to 180 N. Meridian St. > NEW YO LR - 130 new deyelopment would hurt pres i Prion ye Wh oy oi] and wheat under the trade agreement | Bained 1.08 points in their aver- pounds. Step on it. The Calcium Chloride Assocla- as Evil-Eye, ent business. REIPOP AVE. ie [effective ‘Aug. 1 was not as high age. On the week the rail" ging putty, which flows tion, if you didn't know there was I see that Mi “Most businessmen along Broad [23n 51 and Ind. 29, and a lot n| as anticipated here. average was up 1.15 points, while |}, "soft putty and bounces when one, has been campaigning for | Jbeen given. ] Ripple Lave, arent wortied bout Ny Realty Co. sold lots at The upturn Friday followed re. ihe. industrial netted rolled into a ball, is being used to dry basements and, of course, the, ' Eazzard Char 2 "o | ports on the new farm bill: of-| "protect cameras in guided-missile sale of calcium chloride. The use Lesnevich ne SN / . a think there will be enough busl-) 3030 N: Meridian St. wg at 400-1 rere by a Senate subcommittee age, 0.97 point. Iresearch. Keeps them from of CC flakes, amply exposed, is ~ _ .| championshi; a iness to go ‘round.’ ee vd, and a house| i erhodied two unexpected It was estimated that valuation breaking in stratosphere flights, suggested as a preventive of fust- f Things bi » The new business area ex- at 3470 Salem St. Other sales [provisions that tend to strengthen of all listed securities gained more reports General Electric Corp. . |ing water pipes, corroded heating { Charles can 2% ; 3s Hosth irom the canal a os Lv 353-3 Riles. 4 | the government price support and’ 3 hiliion dollars = dhe week | One fourth of the nation's 26. systems, warped wood, damaged i for Mr. Fink - A poin eet above 65th St. a eon; ey Ave. | structure. ost of that on ay. {000 high schools have some form food, fur and paper, i sessed of fre = a ~~ § | {vetween College and Corneil Ave.[6196 N. Meridian St, and 5730 N. z ! { While Mr * Noble P.. Hollister, executive Keystone Ave. *© “May Wheat Advances Word drifting down the gossip route from ! {rin : Serer Oe Oy ori ¥.. da Bridges. & Son. 4820. ¢ the neignt of thie advance| DO _Estates $8 Millon, Another Hit? Sigush eid guys Soniicl Jes 1 yanking vo EE Re ined : mission, sald the new Area jancia Ave., 1 J] ay wheat here, at Kansas City| MIDLAN TANOTHEr TeVOutIoNAry Hoe: this jane mee . Dens Pud hea. Bound tA an ‘be “divided into two sections. fa i. a st] pe Rg y — D D, Mich, Aug- 8 (UP) Studebaker jolted the Big Three after the war with its coming- i it, . maybe and a lot-on 7ist St. east of/and at Minneapolis, reached its|—Dr. Willard H. Dow, president JA Ye hotcak It had visi responsible fi Apartment buildings wil be Dean Rd: . |best price of the season. This/of the Dow Chemical Company, %8d-8oing, alrplane-vision car. It sold like hotcakes. A i Miami flat. The rally in ‘stock erected mouth of 64th St. Area fr {was also true of January lard and his wife who died in a plane bility on a basis of which no other maker had dreamed possible, -'. - | Si n on ence th moment Butterworth & Teeters; 1519 E.| p 1 3 curred at the very north of 64th St will be used sain’ gt. and B31 Washington here and May rye plus all de-|crash last March, left estates to- [t had lines, too. Smart people} "oo" oye” it on “ine clouds, i Became A that industrial production was sliding to a Jostumy ov. el for residential houses. _ |Bivd. in a cross- -fale with Binkley/liveries of barley at Winnipeg. |taling $8,372376.01, it was re. bought it, liked to be seen in 't. The word is that Studebaker's i E STC Federal Reserve Boer hae of 162 for uly.) May Take 20 Years - [Realty Co. | Strength in lard and soybeans|vealed in probate court today. |And Studebaker sales and profits trying to do it again, ..- THE mh oo By he tation a cold and calculating place, Mp. Hollister and Jack Higgins,| Fred Hill, 5550 Washington| reflected a firm market for cot-/- . .- : ignorant offi tone MGUY only ae. ting oe etd 6357 Gulford Ave, representa-|Bivi. and 37 Kenwood St. toneed ofl 93 Auto Parts & Service “93 Aito Paris & Service - 93 Auto Ports. & Seivic ie te J can sign Ey iasare o8 are interesting on the b basis of vive of the. Business Men's Asso- Robert Walker in 2620 Northview, Favorable ‘reports gu thy the near| 93 Auto Parts & S ervice Auto Parts & Service - 93 \uto Ports. & Service + annoyed at] ling io bi3 8 Jom MAL St-pin: ividends-alons-Good-slelds Armieintion. assisted by Charles Mul. Fay Cosh in So TT Bere Be psp Uhl grain: : ; = he bao : . he i! © CA i )

prices © ODO He iA ay pe even it dividends are cut. Note working with others ‘in March, " & higher er on, In niin the following table that Gen-|1o4s for new zoning.. Last week their speculative confidence nora Motors and Kennecott af- the rezoning was completed.the future ‘has improved (40%! tora returns of 8.9%, U. 8. Bteel| “It ray take 20 ears to dechart), 8.7%, but Standard Ol (New Jer-ivelop the area,” Mr. Hollister Assuming no economic disaster sey), ‘one of the bluest of the blue gaid. “Then again, a new busi-| a e ’s skin-to 1920-21 or 1929-33, stocks, chips, affords only 3.8%: | ness section could spring up with.

ol h Stocks pg / . Re Dividend Yield, In ym businesses seem | § A GU ST SPECIAL

Allled Chemical ..iicsissasssssissess 1768 $0.00 5.1 [unconcerned by = the possibility

Am. T. & Tins . 1] o0 63 [of sompetition. i Commonwea « RAEN TIREEES | Ww 0. | > | Eastman-KodaK ...vessesnssssessers 41 1.70 41 | New Murphy Store D j AM Oo Ly ) “General BIECtrIC +vsgeserssagrsesesass 38 2.00 53 | The Broad Realty Co. and the General Foods «..is aaneasars 4 228 31 [Ripple Realty Co. together have \Y ! RENO EBILININRAN on VF A o excavating n e General MOLOrS yusivsevanvesissnises 5 3% 33 Hook Drug Store at College and ENGAGEMENT RING Jo Mavis Cesssanssnrnanniseseie » IN ss Broad Ripple Aves. on a building B8-MARYVIIE +s100000s pg gy Which: they- will-lease to-the-MuF-. ¥ Xu RR: ciidivisssanssiresssrasssssns 15 et 135 RB 1 tar a 1 anil 4 en . 300 “n'y nnan, Inc. is ng as! Sears. ROSDUCK ess ssnssssssssssssisss_il A A 0° st 13 Ln for-the. realty agencies. .. t BOND. avvasvirmrrevmirerrversases wa Loah® Lo Fletcher. Trust Co. plans to en-| Union Pacttle issn 8 600 74 I ita present branch at 706| U. 8 Bteel ........ srsaveisansirinsns 43 200 [8.7 ad Ripple Ave, to twice its | *Also on dividend. : Co area next February on|

ee - the same location Stocks are being increasingly| grade corporate bonds. ‘and 2.2% %| North Side Chevrolet, 836 -E.!. sought by ‘universities ‘and foun- for long-term ‘U..8. obligations. ‘Broad Ripple Ave. Is going to.

dations for the return- offered. Ever the 12 low-ylelding, super pujid a new office oh. 24 acres in| As a group’ common shares re- duper- blue chip shares in Stan: the 1000 block, east of its present| turn 69% as against 3.9% for dard & Poor's compilation offer site, preferred stocks, 2.6% for high-|4:9%. Other small -businesses ~show- - ~~ ing’ signs of expansion are Ford|

Retail Ham Prices Higher; [iii tir an

_—

~ Other Meats Unchanged 5. 50 SFE a {PONT Lor Tvs Happen to You=uss — Hogs Show Slight Rise in Livestock Trade; ee Mask Mare Poles} | SY BILL KUHN'S Fel Service Grasser-Type Cattle Supply Lightens J artments and Fe 8 ee — Reali mest prices femained generally unchanged in. Tndtanapolal CATAL ent One igh school, J. ribirrer Rossii _For Safe, Dependable Travel ..

ing area as another sign.of a

e e three to four cent: but v t 4 prices Fou D Ia & pound, in chery KePtiplentisul future trade

their hands off price tags of most other cuts ; } Hog prices advanced slightly in the Indianapolfs Stockyards. south Patterson Cataiogh Fan Retail grocers gould see the possihility of= “higher beef prices next ion Westfield Blvd. ky to Patter. | ew - week 28 gat T-type cattle De- estock market as cattle prices ve a Service Plan is in-| 4were irregularly. lower. Sheepico J. 5 atest contribution to a Good and choice grades of 170 (prices lost an early upturn to to 240-pound” butcher hogs sold jnse.at prices 50 cents. lower.

. i . MOTOR Tune-Up. BRAKES Refined Before you start a week-end AND . don't overlook the “or wacation trip be surg your brakes. Good brakes are ‘a car's motor Is ready to give ‘must’ for quick, smooth dependable, economical serv- stods. Regular Chevrolet lin- :

lee, Ings only

The diamond Ring buy of the year, one lorge vi

week. high of $23. - matchéd stones. She will thrill to the i pressive CL Sows weighing 400 pounds and Neher ————————————— For Furniture Store 8 IS pee rn , Including All Labor and Parts “Jess old at prices steady to 25 SAVE WOMAN ON PEAK : beauty of this. stunning ring set in 14K. Gold. And instances 50 cents higher. | SEQUOIA-KING _ NATIONAL] Nev. and modern. squipment, hos]. eerie 3 ogni Inf : : 1 Service Shook Absorbers 1 Recondition Starter Prices of fed steers and heifers PARK, Cal., Aug. 8 (UP) Park | dling only top grode merchandise : -

remained steady In cattle trade] ust be experienced in retail soles as a Joad of high-choice near {Rangers today rescued Jretty ond tore management, Small in ILLUSTRATION ENLARGED 1075-pound steers brought $38, Jean. Lecount, 30, who was] vestment, Beveral loads of choice 950-1150 stranded for two days and nights | ' [oof TO SHOW DETAIL . . . pound” and 1307-pound steers sold'on a 10,000-foot mountain when Address Box B68? : at $27.50, “she: slipped and sprained her, The Indianapolis Times

Cows Rise ankle, ; : ——————————————

Your car's shock absorbers require periodic servicing In A faulty starter ‘oan - spell order to give you smooth, your trip ~ even Jespardise | easy riding. A real comfort your life. Our expert starfer

200viee. Hote service can be depended upon,

Wrecks Rebuilt * Body and Fender Repairs

Co i 50 to 75 cents a w pr ges sok 2 to 73 ema] Convenient Complete. Painting Service IN—~inthe AM. steers and grassers sold mostly |NSURED SAVINGS Budget Terms Factory Built Motors OUT—in the P. M.

BO cents lower. A few good beef : : di los a hn Tigh Jove Current’ Dividend Rate 2'4% " Best heavy sausage bulls sold spp madyatas SUBURBAN FEDERAL" Lh " : : ‘bulk ne ‘good and ready . SAVINGS & LOAN ASSOCIATION . $25.50 to $26.50, Native! received depend: Te #1 to $1.50 higher.| and choice sold at|

hogs sold steady to! the Ci

er, as

i WEEKLY g

Ie Wi 15] OPA | | vont Su ciEvRoLET be els Ge 1. 2, 1 n= $20 KiPpLE

LR Winoh St.—1st Door South of !

"5436 E. WASHINGTON IR. 1121—IN IRVINGTON

a a Me wT euwvan.

at prices mostly 25 cents higher Butchers under. 240° pounds re-| PARTNER ’ . . : x . The top price Jvas $2350. a 25-Tcetved the best action in nog | | indi Ny . - center diamond surrounded by 26 smaller : m e e 0 or ver all “oent . Ha¥ “above the previous (rade, Best grades brought ~ aj + WANTED : : $ 50

"just as a pra “| glare on the and the win twisted shan from the ruil . A little “4% "7 Pinkel temy Hitlerian - leg also displeass “announced th Y'unners some time. distance ope contact. Bu through, eve) <All" the - 1 ward. The | himself, and Were. here that rr J WASHIN thing to do v a prohibition «The troul is growing t: days and eve nation of the . Barring d . figure we ar oii ONO DUS i or feed to tI corn-heavy N what to do © The poor | {tself for th it had the sc rr r————r OP $Y distilleries |

alcohol with Eureka!

Fill er Up THEN A here got to | filling statlo pure grain ¢ same into hi The . cher ’ denature the haven't yet ¢ a motorist_¥ the toxic fl cylinder bloc So the A to get rid of million-gallol and Muscat! “vee lukewarm, . it the distilleri

Mi ——