Indianapolis Times, Indianapolis, Marion County, 21 August 1949 — Page 31

Steel

Of Men

Al

content to let the facts speak.

As one observer expressed it,| : ' of Inland Steel, and Arthur B.| president of

“Management carries emotions to the hearings, the union statistics.” That's not entirely accurate, Philip Murray, head of the United Steelworkers got his Scotch up early. He accused the ~heads of the steel Industry of being the “most sanctimonious band of professional racketeers in this country.” But he was promptly rebuked. Carroll Da rty, chairman of the Fact-Finding-Board, struck the words from the record, and said: “We are here to hear thé facts In an unemotional way.” Mr. Murray had a He was talking for the benefit of

steel workers in particular and of!

Doubtful Strategy

ve were set up for the purpose of

Stormy Sessions Arch Backs Who'll Make Decision |

Homer, pi Tét their emotions go, too—but in a different direction. Mr. Randall accused President Truman of “repealing collective bargaining” by appointing. the Fact-Finding Board, And Mr. Homer brought on a rebuke from Samuel I. Rosenman, a member of the panel, a former Supreme Court Justice in New, York, a former counsel to both Presidents Roosevelt and Truman, and a man of stature on his record, when he declared that Bethlehem could ‘not {approves “an | ure”

ithe union.”

Mr. Rosenman demanded: “Am I to understand you assume that recommen an increase?” Mr,

Twin beds on a train, first of their kind on a sleeping car, are

Railroad ‘on the new Spirit of St. Louis,

ich ig

Trading also picked up on the

Wall Streets quarters attributed the highly improved sentiment to various economic developments in Washington. In particular, in- - |vestors were quite impressed with

“Reduction in Spo Potato Surplus Le Despite Cut in Acr

reaching new highs for the year.

Surplus L

yesh ”

Support Prices May Be Invoked Again As Maine Growers’ Know-How Boosts Yield By HAROLD HARTLEY, Times Business Editor . ORONO, Me., Aug. 20Farmers in the rich potatoland of Aroos-

took County may not fare so well with support money from Uncle and

American appetite for Maine potatoes. + little seat of the University of Maine, eight miles north of Bangor, the agricultural economists are watching the weather

and the crop, estimated for Maine| oo do mot like. The

this year at. 60. million bushels, | : i Fa Nt they let the word recession got soggy n 3 Vitus ul wp y (and stick to the side of the cooke Culling utensil.” .

: And you can take this as being year more than the 23 per cent|oorrect. The Maine farmers know the farmers have had to cut thelr | thet potatoes, and housewives, “Harold Hartley, Times Busi- |t00. And they would like to get ness Editor is ying ‘tn {dong without support money, but

the results of the meeting between Emil Schram, president of the New York Stock Exchange, and President Truman. The exchange head visited the Chief Executive on Tuesday and presented to him personally his recommendations for tax cuts. The report contained recommendations for encouraging invest-

introduced by the Penneyirania

Selim sould New Aluminum Awning Plant Completed designed to force “concessions to A Ci eg hs ¢ a i

ment of new equity capital, which, according to Mr. Schram, has been decreasing for years under the impact of a faulty tax structure. 3 View Lifts Values ~ This, coupled with the Presi-

Homer indicated that Bethlehem could only assume that there was a good possibility of that. Whereupon Mr. Rosenman sug that it was in order for Mr. Homer to withdraw the statement and apologize. Mr, Homer than said he did, not intend to cast any reflection Point ‘clear — Bethlehem cannot| _on_this board. But he let his and will not approve any such

{ AAA

| |dent’'s reaction in which he was ‘quoted by Mr. Schram that nation's economy should -be kept in a strong position, lifted the whole stock market, The mid-week rise carried the Industrial average

when it gets right down to cases, Maine. {when Uncle Fini holds out a wad acreage, potato support money Of green stuff, like everybody else, |will again be rolling into Maine they take it. {by the millions, ; And that isn't only, Maine, This state produces one-sixth of that’s man—everywhere. ithe nation’s potato crop. Last)

| |year the government paid Maine| farmers about $60 million for po-| B ors tatoes they could not sell above

support prices.

; J The crop this year has been cut from 73 million bushels to 60 mil-| ouses S lion bushels, But the farmers] y tell you in the Caribou loam counitry of Aroostook County that

even the reduced acreage may produce too much for the Ameri- Recent Transactions can appetite for French and Ger-| Agsociated North Side Realtors man fries, or those balloon size| t spuds you bake and spread with Yesterday announced the sale of butter. {31 houses and four lots in cene Yield Per Acre Rises tral Indiana. Dr. Charles H. Merchant, a| RButterwort Cornell man, head of the Depart-| worth 4 Teeters { houses at ment of Agricultural Economics 3710

Association Lists

sold 7970 Englewood Ave, N. Gale 8t., 3524 Brouse St.,

statement stand. Mr. Murray didn't impugn the board. He attacked the steel com-

| action.” ; | The point is this: Once having |ylelded to the President and

Completion of the new Kool Vent Aluminum Awning plant in

Pendleton will be celebrated by

back to the levels of Nov. 4—|at the U. of M.,, says the crop this| lot. at Lakewood Drive and two days after President Tru. Year Is unusually good with ap ggip "st and a lot in North

man’s surprising electi {promised yield of about 400 bush-| urp g on ‘victory, lels per acre, up from 380 bushels Hills on Englewood Ave.

4 { { " 3 tos l Il call 1 —— pales. a My, Homer Jedlarcd: agreed to appear before the| Hoosier representatives of the firm Saturday with a picnic and all-day open house fo the public. wall. Sst Em ts last year. a aaavage — pound vous i this country are face to face with| Board, the companies should have] Kool Vent officials announced greater production and new manufacturing techniques will bring about |with this, Ward's Automotive] prices for Juctoe I ae od vania St. 5408 Haverford Ave. . X 4 the question whether a few unions been gracious about it—as a mat-| 10 per cent price cut in their aluminum awnings. : Reports disclosed that U. 8. auto/cyt in the national crop this year 4720 Boulevard Place in a crossaking , can, by threat of nationwide ter of manners and strategy. Why ° | — |makers are “almost certain” to/from 446 million bushels to an es- sale with American Estates, and ustom- strikes, force the nation to accept arch the backs of men who are Mo % Di Shar | as Recordleo Masse Made produce a record-smashing 643,-/timated 369 million bushels. That, [4117 E. 35th St. in a cross-sale ww ob a: fourth-round of wage increases going to decide your fate? You | 000 cars and trucks this month.|says Dr. Merchant, should help to with Walt Veon.

which is not justified on any can determine after their decision grounds. I want to make this! whether to accept it.

: The Bureau of Transport Economics and Freight Rates Statistics of the Interstate Commerce

Commission has just published an excellent and persuasive argument {unintended of course) against further wage increases. It presents a table showing that since the end of the war the railroads have had eight separate freight increases, totting up to 57%. The latest,

Pen

Meat prices finally are on

Pig Crop Floods Markets

* Retail Counters Expected to Reflect Meat Price Slump Early Next Month

By MARION CRANEY

Weight of the largest peacetime spring pig. crop on record

Sales Manager

Leo Masse, 510 N. Emerson |Ave,, has been appointed salesland Kaiser-Frazer {manager of Hedges Pontiac, Inc, {output this week

3215 E. Washington 8St., John units, i Hedges, firm week. the way down. jresident Sale Others Booming . | Other industries were

The agency also disclosed that/keep the price up. despite labor trouble at Chrysler divisions and suspension of Nash|pens to be the potato state, Dr. St, Beech Grove, and one-half operations, | Merchant, a baldish, bespectacled a double at 637 N. Hamilton

was 14654552, sald potatoes like the loam Ave, and 70 acres in Madison down slightly from last of Aroostook County which lies

Edgar E. Brodbeck sold houses

When asked why Maine hap-iat 2448. Ethel St, 313 Cincinnati

County. Other sales were: A. H, M. Graves—A lot at 304 Brockton on B6th St, 3214 and

{about 150 miles north 6f Bangor. {It is rolling land with a fair mois{ture content. The farmers use

J . y nounced ! signed warp beam with Yo R Moirs than i reversible slats divided by 2000 volunteer | dowels. | workers i cover Reg. $16.95 under the diTable ‘Model Loom® rection of M ' idth Burkhart during Weaves up to a 26:38, wis the Oct. 10-24 Comes already he warped, ready to 14% ’ Soul for 1040 1» Mrs. Burkhart | use. | $1,280,000.

time in Detroit

granted Aug. 2, was 3.7%. All these have been in response to higher costs of raw materials, supplies, and wages. Yet earnings are not increasing. Rather, the railroads are barely holding their own financially, Such a chase of wages and costs and prices can be endless. The higher freight rates will enter the cost structure of coal and iron ore, which in turn will boost production costs of steel, and so on. The latest freight boost is not enough to force a rise in steel prices. But if on top of it, wages g0 up, then a price rise might be unavoidable—despite assertions in the Robert R. Nathan report. The Steel Fact-Finders have a great responsibility—just as h Homer said. They will decide not only the wage level in steel, but in other industries. Walter Reu.ther’s United Auto Workers ahd

LY

ROEBUCK AND CO

cision on steel. The United Packinghouse Workers Union (CIO)

early last week. and the John Morrell Packing Co. y

sent hog prices tumbling $2 or more on all major livestock markets.

Hoosier farmers flooded the Indianapolis Stockyards with

§ Mr. Masse has, 4 more than booming along. Construction had potato market much the same as

30 years experience in the auto-

also power equipment and watch the 3234 N. Tacoma Ave.

another busy week, but it did not| Indiana farmers watch the price] Walt Veon—5351 Carrollton fare as well as last week when of corn and hogs. {Ave,, In a ‘cross-sale with Hall-

AAT ITN ye

agreed to extend their present contract to Nov. 1 and continue negotiations. And John L. Lewis is likely to use the Board's findings] ~{f they suit his purpose—as a lever in coal negotiations. Thus the Board will influence, if not set, the pattern fora fourth round. A decision to increase wage costs would quickly filter throughout industry and the price structure. Either that, or, if the companies demur, it could generate a rash of strikes. ;

more than 40,750 grunting, squealing porkers and sold them at prices as much as $250 a. hundred pounds off. iT hey expect the drop to reach Consumers could see prices sag Bovernment support -levels—this| slightly in retail trade as pork fall or winter. A bumper corn loins and hams sold at a few ¢roP. they sald, will enable farmcefits less. They're still waiting es to feed their hogs more cheapfor the promised break. ly and make meat abundant. A sharp $1 drop in hog prices The American Meat Institute Monday, “followed by an even also predicted lower meat prices, | {sharper dip Tuesday, was blamed especially pork and pork prodon high recelpts—9000 head or! ucts, within the next two weeks. | more each day. Farmers became| Butchers handed shoppers a’ 50 uneasy that 18 of 35 entrants féW more pennies back in their

to the annual Hoosier ton-litter

ad

change on purchases of loin cuts

the sale of a membership in the Chicago “Stock ~~ Exchange at $3500, up $100 from the last previous. sale,

ments were completed today for fore the contest.

Store Open’ Every ‘Monday and Friday Night

ow, which was held Thursday,

Membership Up $100 |.» 0 0. i A 1 i be- Hivestock price decline was -noty N . were Tort Whe cantons. [expected 10 shaw up Ker == Jecontr ol Aims

{early mext month. Beef prices re-

i Continued Drop Seen mained steady.

Despite a temporary recovery later in the week, U., 8. Départ-|

{price Friday was $21.25 sparingly. | ". Steers Mostly Steady

nw yr RT A le

Until 9 O'Clock (Opens Monday at 12 Noon)

Reg. $99.50 Jack-Type, Six Harness |

FLOOR MODEL LOOM

$=

Exclusive “Hearthside” loom raises harnesses always to same height. (No pulleys—no leather straps to stretch). 600

Steers and heifers sold mostly] . steady as grassers showed a 50-| cent to $1 drop. Beef cow prices

showed an increase -of - 50. cents,

| top in cattle trade. | Late bulk of medium and good beef cows sold at $14.50 to $16.50. Some medium and good beef and sausage bulls sold at $17 to $19. Vealer prices rose $1 to a top| eo Price! ' pushed native spring lamb prices! Sale Price! pushed ni $25.50, _ Estimates of-réceipts last week and the previous week respectively are: Cattle, 7650 and 6801; calves, 2175 and 2479, and sheep, 4925 and 3566. ~

Also Sold on Sears Edsy Terms jack-type design,

Residential Head | Named by Chest

Mrs. John H. Burkhart, 8102 {Englewood Ave. will head residential workers for .the 30th annual ' Indianapolis. Community

ropes——no

Steel heddles with selective (Fund, W. hook-up allowing any heddle Kuhn, general combination, Specially de- chairman,

- Tv

questions on weaving looms.

August 27, from 9:30 a.

COME TO SEARS TO SEE WEAVING DEMONSTRATION

Mrs. Horace A. Leathers of Lizton,“Indiana (Expert Hand Weaver, Meniber of Indiana Weaver's Guild)

will be in Sears Notion Department Monday, August 22, from 12 noon until 9 p.m.; on Friday, August 26, from 12 noon until 9 p. m.; m. until 4:30 p. m. She will be glad to answer your and to instruct you on the proper use of "Hearthside"

{chairman of residential District No. 16 for the past two years. She is vice president in charge jof organization for the Girl

Pauw University. She also 18 an active member of the Indian | pols League of Women Voters.

Home Week Heads

and again on Saturday,

Now. ‘Only

A choice of colors in

1

Xa

Regular 59¢, "2 Ib. Skein

Cotton Rug Filler

4c Skein

Maysville rug filler—gives rugs Jonger life, works up uickly for weaving. Soft, fluffy 3-ply cotton, |/4-inch in A Croyat. Wide range of colors ‘Regular 59¢ Carpet War

ALABAMA AT VERMONT.ST, - ©, FREE PARKING + + + LI 8531

J

Mr. Palmer ‘Mr. Graves A. H, Merriam Graves and Fred Palmer, Indianapoils builders and redltors, have been appointed co-

in 1/2-Lb. Tube___54¢ autiful 4-ply cotton,

ra

ance of National Home Week Sept, 11 to 17,:M. L. Hall, president of the Marion County ResiSantini Buliders, Inc, yesterday. -

: #

A

Woods Modifie and hams. But full force of the; : I S

Good -and-choice 180 to 240-}-

offi .an-/ment of Agriculture experts pre- pound barrows and gilts sold at tals het Sfaietea prices will slide still Jower:{$1.50. to $1.75 lower Friday than He Lack — mm the week before. ‘The 40,775 head! o\ syrrnamoN last week was compared to only| 187,230 the previous week. Top

"dropped $1 to $1:50, but -bulist-Lhese are the areas where the Fed steers reached $28, the week's Breatest, he said. He repeated his |

AX price .of, $28. Higher yeceipts that he would decontrol one-third i a er) Apa Err nT 4

The top price was rental areas” in which rent ceil-|

i slashed .40 per cent. . ed

i decontrolling the entire one-third |

‘ress in this action on Monday at

| Mrs. Burkhart has served as Yount Named to Head |

Scouts and is president of theiof the service ‘department of Indidnapolis alumni group of De- Bogda Motor Co., Inc., 1018 ‘N.

{was connected with Berg-Warner Co., Muncie. vot

chairmen. for the local observ-||""-

ithe year.

when the dustry, Output rose almost a half-| I Nat's know-how. Maine farmers

organization Was million over last week.

on special Mr. Masse signment in the carbide tools department in. Allison Division of General Motors Corp. three years.

{considerably higher | similar week last year, Retail trade

Bradstreet, Inc., disclosed tha per cent below a year ago.

Gains .. throughout

{awards reached a new high fer

Electricity production also re25- hounded this week after slipping] one way and a cabin in Morgan {somewhat last week. It was also than the

held around the same level as last week. Dun &

such trade this week was 3 to 7

When asked why more potatoes Hottel Co. 6111 Broadway.

Coal production con-|/ Were mot srown in Indiana, his| Keller Realty, Inc—33 N. : eld. Before he tinued to improve despite the|eYes twinkied. “There's another Traub Ave. and 1345-1347 Bridge work week. in the in./factor which is not in the soil. St.

Alfred Campbell—8080 Ewing have it. They can grow potatoes St. and 3854 College Ave. ' almost everywhere, even in In-| R., E. Peckham-—3925 Broad-

Housewives Decide “What is a good potato?” he {was asked. ‘The housewives decide that he replied. “All we know is preference they show at the

County. ; Fred T. Hill-4929 Central Ave. and 4110 Byram Ave. he W. L. Bridges & Son—1811 E. na 56th St. and 1819 E. 56th St. Ket counters | PF. M. Knight Realty Co., 1448 I a , Kiel Ave. Joe Berger, 809 E. 50th | “They like medium to large po-| ge |tatoes which cook up fairly dry St. Ford Woods & Co. 5535 N.

t

the .malh|hyt hold their shape in prepara-| Delaware St. Charles Binkley, stock list were mostly fractional tion. They Mke a light skin with 6848 Willow Rd.. M. G. Gerdenich, with a few pivotal stocks jumping few shallow eyes and blemishes.

[1347 W. 27th St. Willis Adams, | “I can tell you what kind of (5449 Winthrop Ave,

more than a point. |

Attorneys Find s Authority ON, Aug. 20 (UP) Woods said tonight that his lat-| est “economy” plan to decontrol| rents will be aimed at keeping re-| strictions tightest on big cities.

demand for rental housing is statement of yesterday that he would ask local advisory boards to police all controlled areas where he cannot afford to maintain paid workers.

"Originally Mr. Woods announced.

of the 1000. so-called “defense §

ings now exist. . The purpose of] that plan, announced Wednesday, was to open the way for dismissal of one-third of his workers because his appropriation for the current fiscal year has been

: 9% Senate to Vote The Senate on Monday will Vote pp on a proposal designed to restore part of the cut. | When Mr, Woods’ attorneys studied the law, they found he has no authority to decontrol an! area where the demand for rental housing had not been met. | "86 he abandoned the plan for|

"Or the areas. As of tonight, he’ does not know how mahy areas will be decontrolled. Hh He said. his seven regional chiefs will announce their prog-

their respective offices. The seven men have been in Wash-| {ington for the past three days conferring with Mr. Woods.

Bogda. Service Section |

Chester W. Yount, Pennsylvania Hotel, has been ‘appointed head

(Meridian St, | dealer; | Mr. Yount formerly was service | representative of General Motors |Corp.. He once was research en-| :gineer of the Plerce Arrow "Mo-| tor Co. and operated his own busi | ness in Buffalo, N. Y. He had been production and planning engineer of J, H, Willlams Co: and }-

Kaiser-Frazer:

fe==> ro oPEN. -.. MONDAY & FRIDAY TIL 9 P. M,

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