Indianapolis Times, Indianapolis, Marion County, 14 August 1949 — Page 37

riant Sg Is Inventory-Building = | pio a By J. A LIVINGSTON = ~~ mone. | Steel executives, who were in the dumps in mid-July be-| : rrr cause no business was in are in a quadary now, because Eee — SRE ; - —ts In an 15 £ What Speedway's 7, Slammin’ # lo add most 1 to determine is: is real business. marking years immediately afte. They! y because a pickup in industrial demand, ational golf Ing in expectation of 8 strike? tee] men are especially prone _ to disbelief these days. They're X historical pattern indus- of this type. They in between" — feast N oolng. Long try nt and famine. , They!to melt steel but not Ls grea i ’ i comtor Baad At Crossroads’ ie ins" Randa. president long list of of Inland Steel Co., made it clear that anybody who had put in orders goitdoms Eee Os maa) 3th St. and & e not hesitate to resist the Board's find ei one Ave. ... ithe : won Subtest Board Institute 38th St and eystone ve expending business section. A 'h occurred responsible for arranging s i ) d could have order of appearangss, It seems Finders, “every power of the gav- . - 5... . Tr I in the All reasonable to assume that Mr. ernment will be brought to bear. 1 - SN Pp vey at Ohle Randall -also spoke for a largeé to compel hoth sides to accept; | i on one of part of if not the entire steel In- your conclusions.” | . hots. On the dustry. Mr. Randall's testimony rein- . -putted from Declared Mr. Randall: “This is| forced the belief that in this a Business Ex ing the eup America at the and pute, the steel industry hasn't ling to find the steel industry cannot stand much give. During the original # : ches on the idly by.” He sald that President negotiations, United States Steel First Chan ! "the tourney Truman, by naming a Fact-Find- offered two-cents-an-hour toward : ges : dollrs. Be a Made by Vadwars | ng an plan, t be willing to go as 1 ot Putt impose on the industry the judg-| high as five cents an hour hie By MARION C EY nal Open. he ment of three men on what wages|off a strike. But that's close to| When the dust settles at 38th for the title, should be. “i the limit. The industry argues it's| St. and Keystone Ave. residents sot putt. “The moment your announce.|time to stop the cost-wage spiral,0n the Northeast side of town maradible ent is made,” he told the Fact-| now. may see a unique inside-the-city er oon business center. * ow him lose Unpleasant Comparison oo oi ar it or the chamon the fnal will take closer to 15 cents, embracing a wage boost, insurance, and the promise of a pension to appease Mr. Murray. Mr. Murray's far ras a behind his labor rival, John L. Lewis, in war and post-war gains.|oDagp 1 Steelworkers and miners live side by side in the same communities,| And merchants at the corner Sl > — : promise future eye-openers. Still LEAD AND LAG IN LEAD | Keystone bridge, where the aveDrop in battery sales sent lead prices ‘down: ‘|nue crosses Fall Creek, and a Rise sends lead prices up. : g branch bank and an automobile oll 2 . SD 0 4 -|goods store, both at the corner. UT0 hl Senate Realty Co., which owns| property, on the northwest corner, 20 is planning an improvement there, which may include the 3 1) Hook Drug Co. 2 The corner already has its own ‘shopping - center. In the Horace : 8 & Betty Court, on the southeast Hi : . corner, is a group of 15 stores, He s . side by side. Shoppers there can HHH fi get everything from an insurance : HH : AH LAH HL lo policy to relief from. an aching] JFMAMJJASOND FMAMJJASOND tooth. | 19 : Sense] @ 4 Greene

‘tries cannot be accepted at full

"Ends 30th Year

Foster L. Stanley, of 5609 Car-|

So Mr. Murray's men hear plenty] about what a great man Mr. Lewis is, how much better off steel workheaded the steel union. : Because the steel strike overhangs all industry, the recent upturn in the durable goods indus-

face value. Most companies manufasturing refrigerators, automobilés, washing es, machin ery, and so on are probably, stepJi0g up sa 50 as to have fin-

case a strike comes,

Store Sales

11% in sively, ne I year-to-year drop was only 5%.

Part of the decline is due, to the unusually hot weather. Women

would rather stay at home than brave the humidity and the sun. There's a statistical reason too. Last year at this time, department store sales were registering unusual summer gains in their boom to a post-war high.- But this summer, following the usual pattern, sales leveled off. Hence, the year-| to-year percentages are not a true indication of the state of trade,

of the willingness of ultimate °

consumers to buy.

Bell Employee

wi Department store sales are down 13% from a year ago in the week ended Aug. 6, as against the week before and 10% in the week before that. Progresthe declines have been getting larger. Early in the year the

4 Lots, 22 Houses

Nevertheless, not all of the recent upturn is due to fear buying. Some inventories have run too

is in lead and auto batteries. As usual, during the spring, facturers’ shipments of batterie declined. The price of lead dropped a n d dealers decided they'd better buy “light.” But once lead prices turned around, battery dealers were in the market again and manufacturers § a ae did the

Sold by Realtors

Group. Announces

26 Transactions Associated Nortn Side Realtors yesterday announced the sale of 22 houses and four lots in In-|

{dianapolis.

Bruce Savage Co. Sold houses!

soliton Ave., has rounded out his 30th year as an employee of Indiana Bell Telephone Co. and

was presented with a jeweled py - 3309 Gladstone Ave, and

ga, Mr. was first employed in Indianapolis as a traffic student afte!

fn 1028 and a Mr. Stanley:

year later was appointed plant

extension

He was a colonel in the Army during World War II, havingi served more than four years. He fs at present vice president of the company, having: been ap-

pointed in April, 1946. 1-Way Windows Embarrassing. When Reversed

in 116 W. 49th St., 112 Blueridge |Drive, 4701 Kingsley Drive, 4137) |Ruckle St. and 5931 Haverford | Ave, g | F. C. Tucker Co. sold houses at

{3538 . Janet Drive, 821 Berkeley

15420 Carrollton Ave. In a crosssale with Fred T. Hill, and 4702 Haverford Ave. in a cross-sale| with” American Estates Co. Other sales were: "!

Ave. and 524 W. Morris St. Ford Woods & Co. S ‘Worth St. and 1120

850 8. Mickley Ave. W. L. Bridges & Son, 1803 and | 1015 BE. 65th St. F. M. Knight Realty Co. 5615 Haverford Ave. and two lots at Kessler Blvd. and Ind. 37. » Joe Berger, 5825 Crittenden ve.

manu-|seice, dry goods store,

jewelers, drug store, barber shop, hard-| factory beauty shop and abe All of this/an

{ware store, {shoe repair store. igrew out of their one small groethe: ;

district has its business organi= zation—The 38th” St. and Key* stone Ave. Merchants ““ourt, is association president.

has its newspaper, the Neighbor- |

Keller Realty, Inc.; 33 N. Traub

corner . . . and more.

hardware store will be on this

now are waiting to see what the First noticeable change on the farmer will do this week. If he| corner so far is a new parking starts pouring his supply of hogs lot and a branch Vonnegut Hard-/ onto the market, which is ex-|

ware Co. store under construc-ipected, now that the wheat har-| OF

vest is over, prices will drop. |g 00x

t a drop and hold out for highin the blueprint stage is a new|cr prices. What he does this an

Farmers Expected to Jam Roads to Stockyards,

Forcing Prices Down,

Indianapolis butchers today could see lower meat prices over {the horizon after Indiana and Illinois farmers jammed roads to .. {the Hoosier capital last week with truckloads of hogs. An estimated 37,250 hogs were sold in the Indianapolis Stock-| the general average was at a new

Local packers and = butchers

Then again, the farmer may ex-|

Prices on- pork loins and hanis|o

Good and choice

er. but dropped to $23 Friday.

ssnmien le A BA BO dropped. butchers|top price was $25.

ackers Call This Week Crucial to Meat Prices

but May Hold Out

yards last week at prices 50 cents fo $1 a hundred pounds lower. Only 30,991 sales were made the previous week.

weighing 170 to 360 pounds brought prices 50 to 75 cents 1oW- | 1ishly inclined were surprised at

The week's top was $23

3.50. the rapid recovery .the next day.

Sow" prices dropped 25 to -50

f 2425 head last

The late top price was

Steers and heifers sold at 50|j1y 75 cents lower while bull prices! Professional bears and bulls are will decide whether or not the jumped $1. Cattle receipts -drop- holding their positions strongly consumer gets a penny or two ped from 6913 two weeks ago to back on his meat purchases in 6800 last week. Vealer prices rose 50 cents to the Hat. “If Tate top price of $27. Eitimates’ week were com-| rose slightly in over-the-counter pared to 2350 the week before. trade last week. Beef brought

Natives spring /lamb dropped $1

{the same price as the previous to $1.25 per hundredweight. Grade) WOK A bel ' | netted 10 points on the week. A

Horace Beville, a salesman In|

Stark-Wetzel & Co.'s promotion] department, and his wife, Betty, |

‘Convertible’ Model Home ‘Will Open to Public

"41950 Dwellings,’ Made in Lafayette, Offered in 2 Sizes, 16 Exterior Designs

Indianapolis: will have its first opportunity to view the sleek! own the corner and the stores “1950 model” home; “convertible” to the family budget, this afterthat make up the court. The noon when the newest version of th parking lot, ‘behind the court, pref was their latest addition. l

abricated “Thrift Home" opens its doors to the public. The home is being shown by Kessler Homes, Inc., Indianapolis ley led the liquors higher.

The court holds an appliance dealers for the National Thrift Home on its permanent site,

store, cleaners, grocery, dentist Centennial Ave. Visitors will be insur- welcomed from 1 p. m. to 7 p. m.

lance office, china and lamp store, | doctor office, brought to Indianapolis from the

bakers,

Business Organization Like other communities, |

Associa-Lu-Nel Apparel Shop, in

The 38th-Keystone district also

building going up east of the Gaseteria, is owned and under construction by the. Grinslade Construction Co. The property previously was owned by the F. C. Tucker Co.; realtors.

| The ‘purchaser will have the Choice of 16 exterior designs . .

i |He .may

|ters

Today |

e National Homes Corporation’s Rubber

the previous week. A total of 218 issues made new highs for the year and only 13 made new lows.

rise on a volume of 1,660, shares. On Tuesday nearly all of

iw, 3

The week started with a sh

Monday's gain was wiped out. On Wednesday the Tuesday loss was: restored, On Thursday and Friday small declines predominated. However,

the market closed higher in allman often und but the utility groups and this was payment of a

It's

gE.

Pp. m. several nights keep up with the demand.” sald.

Where are they going? In alll When you add it all ST directions, wherever they can get motorist is the biggest vacation n° reservations, and can afford to'spender of dll

a strong feature in the late deal-|lars under a Kind

ings on Friday. The Industrial average closed the week at 179.29, up 0.22; rail-

off 0.04; and composite average!’ 64.13, up 0.39. Sales week totaled 5,876,030 shares, against- 5,280,070 shares In the previous week. .

Average Hits New High At its best levels of the week,

high since Feb. 4. :

Traders regarded the decline the broker or

of Tuesday as a normal tech-| nical move. Many of the bul-

They attributed the strength in the market to the absence of the outside public which often becomes frightened and sells heavforcing a sharp decline.

{

{and even the experts are puzzled las to the immediate future of

{above last week's close. Superior! {Oil of California, for example,

of {ssues met! demand sufficient to send them iup 5 or 6 points. Ralls were paced by Nickel Plate, which. {gained 4% points on the week.

Motors Up Slightly

- Steel shares barely held their own as the Presidential FactFinding Board continued its hear{ings on the labor problems. Motors were up slightly. Tire stocks| were hammered down when U. 8.| halved its dividend Chemicals were higher. Schen-.

LO } |

| Business news had severa

Similar homes, which are to bef

at Lafayette, Ind. will financed

Booze Drinking Monkey Gets Reprieve From Gas

ST. LOUIS, Aug. 13 (UP)—Be- | cause drink and -bright lights | were his downfall, Skippy, a 4-year-old rhesus - monkey was saved "from death’ in” the gas chamber today. as Skippy was condemned for bit-| ing the hand that fed him, that lof W. C. (Cotton) Jones, an Olive |

Mr. Jones said, he decided the pet was too dangerous to keep | and turned him over to the Hu-| mane Society for, execution. { Mr. Jones said Skippy was a fine pet until a. janitor at the hotel started taking Skippy with

Forrest Kellogg, a lot in Forest Ridge, W. §@ampton Drive. Thomas F. Carson, a lot In Forest Ridge, W. Hampton Drive. Fieber & Rellly, 3630 Central

"| Ave.

The Spann Co. and American

"| Estates Co., 4815 Guilford Ave.

Butterworth & Teeters and F. C. Tucker, 3608 N. Gladstone Ave.

SALT LAKE CITY, Aug. 13—

There was some quick changing ! :

of windows in the Rose Park sub- |

. division in Sait’ oy

The contractor bought a batch of “one way” glass for bathroom

windows. Home buyers, not knowing

Hone

the panes. .

wife's embarrassment, that perpega hs : The “one-way” windows Dedication will be made Toon Installed the wrong Way, and Oliver Ave. Originated in |

ol the glass, were pleased to note that t came into their bath- - théy couldn't see clear-

4 ¥

’

Fay Cash, a lot in Canterbury Addition.

Legion Building to Be Dedicated

him while making rounds of taverns. The janiter, Mr. Jones said, |sicked Skippy on’ others in the {taverns as a joke, ; ® = » : | AFTER THAT Skippy tried to |bite everyone who came near him {but Mrs. Jones. When he bit Mr. |Jones, his hours were numbered. But today the Humane Society said Skippy was reprieved. It sald Skippy had found a friend who would take him as a pet.

lite bf the union is at stake under ~.|the Taft-Hartley law.”

Ceremony Today

by 26 men, the post now has 1047

Judge G. B. Greene in general sessions court that she buried

better. » - SHE SAID the booze made-~all her flowers more brilliant, “‘espedially the sunflow-| ers.” { Judge Greene declined to take issue on the flower-growing question but gave her a one-year

Skippy took a bite of his arm, half-gallon jars of unstamped °

Far From Hospital

VAN HORN, ex, Aug. 17 intoa nation known as “Celestia” | (UP)—The stork refused to

joy-juice buried among her posies.

Randolph Says T-H Law

Threatens Life of ITU OAKLAND, Cal, Aug. {8 (UP) | ~—President Woodruff Randolph of the International Typographi-| ; ay “the very)

He told 250 delegates at the opening session of the union's 91st convention that “our col-|

and by employers.

Ne. 64 building at Holt

./diana Bell Teleight in each of the two sizes. phone : also select the color|succeeds F. P. {scheme for the exterior paint, as| Baker. 5 BP tha Well as a variety of gable and] O. H. Grant §¥ the Overhanging eave designs, shut-superviso and flowerboxes, at no extra of supplies, was |cost, Kessler Homes said. The price includes cost of theland lot, ading,” seeding and land-| succeeding F. 8. hood Merchant, published by Bisnis at sidewalks and oT ee B. Mullendore, 2739 N. Adams St. stepping stones. The home will . Sanders” Super Service and -a|/pe furnishéd with forced air and L.J. DunneGaseteria Service station, on op-|heating, automatic hot water wold were elected to the board of | posite corners, fill out the inter- heater, screens on all windows, governors. Mr. Barney is district section. Vonnegut’s branch store, according to Kessler Homes, Inc.. manager and Mr. Dunnewold is

Intoxicating Scent | Of Garden.Too Much for Judge |

TWALHALLA, 8. C. Aug. 13

Gruelle to Head Telephone Club

to sell for $325 down| H. FP. Gruelle, 3634 Kenwood d payments of $40.58 monthly Ave. has been elécted president |for the two bedroom size and of the Bell Telephone Club of

Co. He

lected secretary treasurer

Max Barney

& Mr. Gruelle

No Longer Legal

| . To Assault Police ROCKY FORD, Colo, Aug. 13 his claim. (UP)—It's no longer legal to (UP) — Etta Jackson, 53, told assault a policeman in Rocky that

Ford.

The city council hastily passed jars of moonshine whiskey among | an ordinance forbidding assault) |her flowers to make them grow On an officer performing his duty or resisting arrest, after a rou-! tine check of the city's statutes contraband showed there was no such law. y Previously, an offender would have had to be charged with dis-

turbing the peace.

"8 the week, but was off nearly 39 per-cent from. a year ago.-Crude }

equipment and building - engineer. | *

| highly favorable items and a few

that averaged off the good ones

lighting 80 that” on balance production costly lefficiency on the

mortgage. i Financing, Mr. Roberts says, {the key to small home ownerroad, 47.05, 13: 65 [ship and the housing problem. 3d, $745, 1p 1.13: WHINY: Saal. What he has done is to design a J for the house along functional lines (no Do money down. bric-a-brac) which will sell for about $8000. This is the amount/and the best way is to put up a {the FHA will lend on the house few hundred dollars at the start

pick jer has for him the employer b the har reasons, if the em- | dott ene. for him to keep the should he (the worker) be too concerned about his employer. | This Km os thinkins a |a shelter for the machinery when comes n, - lcasionally In contract negotia'tions, but it trickles through the {employee's ‘mind. lit does the damage. Negative thoughts in the min of employees actually cost money. | They add up to carelessness, low‘lered efficiency and an impaired insulates relations yee and employer. | It is pretty easy and inexpen-

And

“loyalty which between emplo

worker.

Construction of the heavy variety had its best week of the) year at $257,314,000. At the same! {time

{point to 82.3 “per cent of rated | capacity. . Coal output fose on!

1 ofl output dipped slightly on the F week, but was off 15 per cent] on the year. EE I

Has Jumped Claim To Celestial Space

{James T. Mangan, a Chicago ad- | vertising man who holds an offijcial deed for all celestial space, | charged today that an Australian Ffrult merchant was trying to jump’ - . Mr, Leo Brandt, 32, Sydney, A tralia, is trying to dispossess/me” | with a claim that he opened negoHans for all outer 1937,

“I never heard of” him,” Mr, Mangan said, “but I dissapprove of his tactics. A s$housand people may have thought of this, but I'm

{the only ‘man who's ever made:

Stork Pays Visit

{formal se “ { J. = 8

N CLAIMS clear. title

tial space of the universe

| MAN

last ty. (Chicago) Recorder. / He plans to organize his claim

spect train schedules on the Ti as & Pacific main line today. A 5%-pound gir! was born Mrs, Calvin Marry of

N. Y., at 3:15 a. m., int

pital in Van Horn.

to| ornell, | : 3 in/the womlen's lounge of the Mtreamlined : 1 | Texas Eagle an hour and 38 min-| THe Propristor of a eigar store

utes away from the nearest hos-

|and ‘has warned the world's air «| forces not to trespass.

Charge Store Owner With Pool Selling

Charges Australian]

CHICAGO, Aug. 13 (UP) —|

Mangan said he learned re

ebruary by the Cook Coun-

Yet, many smaller plants suf-/loan two weeks’ fer these small points of neglect and University. Ji in good housekeeping. : Iroadmen’s . 9 the Department of Com-| One of the reasons is that man-

dow or paint a wall ind equipment it.adds up to greater. The trustee's meeting wil part of the held at the conclusign

fe Hopkins bureau is busier than last ’ some reason arrived about 30 days late this year. But the scramble,

E. No Down Payment builder, 157 N. Illinois Bt. is putting up economy homes for little or nothing down. And not-a one is speculative. : : This is how it works: stumbling block to the purchase of a small home by a low wage earner, a broker or materials erwrites the down. few hundred dol-|

if it meets sound building prin-| ciples. ! But the pur the lot before the FHA can get into the picture. Here is where couple dozen houses, all sold bematerials man| fore he breaks ground. ;

chaser must own Ing” he said.

'Neatness Pays | of the earliest was Henry oa aot D.T. &1 Railroad, much to the amazement of veteran railroad men. He also was one of factories so dirt accumulated could be easily seen. Today most big factories obey | 'the rules of good housekeeping.iis Floors are clean. Atmosphere is| wholesome and as healthy and reflection of the attitude of the inviting as factories can be. But there are others still

“It is the em-/many ways of the respect

| “Oil stocks had a good week iy a a {with the high-priced ones sharply biroy A aly P

That's where —————"

—— a week to

p clean, why

The domestic travel season, for

‘places along the Cocashejcola and hot dog route to visit relatives or friends. ;

G. Roberts, small .homes

Bince the down payment is often the

comes to the :rescue with his second mortgage loan. YY Of course the buyer must be |of good credit standing. If he has ig.a job and a record for .steady |work, there is little trouble, Mr, | Roberts said, in getting hint & {house (and lot) with virtually

second

But the builder said the safest

lof the project. “There is no way | to get around the wisdom of sav

Mr. Roberts has erected a

Business has made admirable progress in recent years in good housekeeping. Ford, who even shined up the engines

the first to paint white corners in his

agement leans too much on fig[ures and loses sight of the human element in his production. This strange, too, because production are nothing more than a

people on the production lines. woe-| Good, clean working conditions, the right down 10. 8_neatly_cropped dn hrubbed lawn, pay oO in i

can de-and sh

way perk up, take pride in their efforts, And, |Slovenly attitudes disappear. : A broom doesn’t cost much, nor -4t-cost-much-to-push it. And... paint is not too expensive. Yet there still are hundreds of small shops which are little more than

|{they ought to be made into decent places in which men and women can live while they work.

as'L. W. Tinsman to Aten Saving Group Meeting

Lisle V. Tinsman, assistant auditor in Railrpadmen’s Federal Saving and Loan Association, will attend a meeting of the board of”

good | & Loan Institute Friday and § is not urday in Bloomington.

graduate school of

All Steel Corn Orib pictured is 12 feet hes of

high (plus 30 ine to k roof) and 8 teat 3 inches in diameter with 800 shel Capacity. Corn . erib com in prefabricated sections, 5 feet wide and feet deep, Bae section ¢ ns. ten : 8" _ cross slats 8 gauge steel. Slats ‘are spaced 1%" part, - Ventilator shaft in middie of erid is 18” in diameter. Ventilating cap form

"AY a fear ¢

"DILL IMPLEMENT CO.

"1531 STADIUM DRIVE

iin 653 Massachusetts Ave, was! {arrested yesterday, police said,

Seven passengers helped after a squad led by Sgt. Cecll lective bargaining law and policy|through the hour and 45-minute|London discovered 13 books of

Thursday.

They left the train here. Mother parted in |"“fair” condition at a Van Horn

{and daughter were re hospital

INSURED SAVINGS

has been under constant attack|ordeal preceding the delivery as by the general counsel of the Na-|the stork caught the Manrys ui- of pick and win tickets in the tional Labor Relations Board’ expectedly. They: were home following Mr. Manry’'s discharge from the Army at El Paso

en route

Currant Dividend Rote, 25%

{baseball lottery tickets and a jar

store, James George, 41, of 1129 Central Ave. was charged with keeping a room for pool selling. The tickets were found on and under, a counter in the front of the store, police said. :

Fi nessa

SUBURBAN FEDERAL po Ty + SAVINGS & LOAN ASSOCIATION . TWO LOCATIONS Madison and Main 709 Main St. Grosnwood Beech Grove (Main Office) i

s vertical ventilation to teel Corn Crib can be er

entire storage area. ; in & few hours time by two

MA-5358

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| Pane Bend