Indianapolis Times, Indianapolis, Marion County, 27 September 1949 — Page 10

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Today in Business—

‘If in Business Is Big and Very Uncertain

Dr. Harry C. Sayvain of IU Paints

Picture of Gradual Recession By HAROLD WH. HARTLEY, Times Business Editor

HOW BIG is the “if” in business’ :

If you know, you can make a fortune, but you probably

Still Lonely— ~~

1 Wife to Death

(UP) —Andrew Loda. 55, beat his May 25. wife With a lead pipe last night, slit her’ throat from ear to ear police after the shooting that he - with a hunting knife, and then killed Helen Doris Merle, college field with obtaining $2500 trom Local Issues called police and confessed her homecoming queen of 1948, when Mrs. Grace McShan. H

% Ayreshire 1 com ,... because “she was horsing around’ An all-male jury was selected fact, on one occasion, I loaned [8s Ayres 4'a% pia ser “ with another man.” a Ee 3) yds pd

3 te Vo. - * 4 . . ge -.

' TUESDAY, SEPT. 27, 1949

Student Faces ~ | Ex-Fighter Held Under Bail Murder Hearing

er Hearing 1, 2500 ‘Sweet Talk' Case

(EVANSVILLE. Sept. 21—A Go soperfield Denies Taking ‘a Dime”

former Evansville College junior ge : Fiom Texas Woman on Marriage Promise

charged with the murder of his Slashes Her Throat ond . Yaread Wie Was Mio George 8. Satterfield. former Indianapolis middleweight Aghter,

i . uled to take the stand in VanderIn E. Chicago Home burgh Circult Court today to tell charged with sweet-talking a Houston, Tex.. woman out of $2300 on

EAST CHICAGO, Ind., Sept. 27 a pretense of marriage, was released on $2500 bond here today. Bis story 91. shooting lam? p Satterfield, father of three children, was arrested by Indian= Richard Thomas Merle, 28. told apolis police Saturday on a warrant from Houston police. | The warrant charged Satter-

| - 2 slaying. | uarreled after he went to Nousewife, and then leaving town. | . Sat, 52 “ He told authorities that he had aes in an attempt to “I never took a dime from that american Staten” oi danish er 2% planned to shoot her a month AO effect a reconciliations woman,” Satterfield asserted. “In| American States com ...... 3 iu

SA yesterday to hear the case and Der $10 to tide her over until pay | Beit

Deputy Coroner Richard H. prosecutor R. 0. Williams said sia

old 4'3%

“I knew her and I took her Central Sova

J : ih |{Callahan, who conducted an In- he would ask the deat ty. ¢ v won't because Sven with the best it » 2 Zugum, Devart quest at the scene, ordered him id ask the dents Penshy home from the cleaning plant om wom 4 wa " , vain, chairman of the Finance art- } r the grand jury. Where she w b y Jj od inh 18 Dr. Harry C njval ama P held fo wig Jury his wife AEC, Notre Dame Set but I never took any money from Eimmine fag oid ET ment at Indiana University, bundled up the figures, brought Adda Yall TS a Radiati » her.” 2 Consolidates Pibance , “ them to Indianapolis and dumped them into the minds of the dragged “her to the basement. adiation | roject Came As ‘Surprise’ Gonsoidate = ede A local chapter of cost account: a 'where he slashed her throat. SOUTH BEND, Sept. 27 (UP) gatterfield said his arrest came Ecuiteple Securities Com ..... 8 4 product, or a new model, or lower | The couple had three children. --A contract giving the Univer-|as a “surprise” to him. He sald Herff-Jones ci A ptd ...[ a ants. |prices, over the. town's. back | Loda was released from a tu- Sity of Notre Dame and the he and his family moved to Indi- deme Tel & (eo '& oid . ] 19% His conclusions: fence, 'berculosis - sanitarium last. June. Atomic Energy Commission joint anapolis from Houston four | nd Amo Tei 3 oid Bn Ri ONE: The August-September Publishers keeping books on |In 1937. he was a patient at a Sponsoring of a radiation chem- months ago where-he worked as [29 hE 43% ..- Wil 0 recovery is a “phony.” space and results found In a |Danville, Ill. hospital after a latry project at the university a presser jn a cleaning plant. In pls &L som. a + 2% TWO: The recession trend will survey that groceries, bought one B® nervous breakdown. was announced today. The family returned to its 'indpis b.&L 8% BES... WG, ps resume this fall and run day eaten the same day, or within %.! Loda munched a chogojate bar The Rev. John J. Cavanaugh, former Indianapolis neighborhood yater Co 5% ptd 1063 1

through 1950,

|a day or two, topped the effective

bd Is s !'while being led to a cell in the CSC president of Notre Dame, and Mr. Satterfield obtained a -Indsis White ia Luk Com 10 bi

said an agreement was reached partnership in a garage. He said Kingan & CoD

THREE: No crash, no panie, list of advertised items, with city jail. Bean" & Go ‘vid 0 1% no sharp declines, but a mild autos second. and quite strangely s——— te for the AEC to provide a his wife was expecting her fourth incoln Nau Life od in course downward, finance and insurance third. . 2-million-volt * Van De Graff child. [armen-Iorinston com " He painted a convincing back- . no» Chemical Group Names electrostatic generator, or “atom pq. gatterfield told police he Mastig Mivialt ae Hl drop for the post-war boom. “The |INHUSTRIAL institutional ad- 2 Notre Dame Doctors smasnet ‘ “ last saw Mrs. McShan “about four Not Home pid 0 vee ee 10415 money supply went up from $60 yertising, the long pull type which ” . Times State Service building to house the gen- or five months ago, just before N Ind Pub Service com =... FA “Biilion in 1939 to $170 -bIHION IN geil an industry to its employees; - : ’ A NOTRE DAME, so. 27 ay raion i be “stain this fall 1 jeft Houston." go Maligrs “com ae 181s » y . "ye - E, A I EI RR a IN LL a EET 19 20! 1047, almost tripled, he sald. community and many of its Sweet Lips Co ra good Coon dog!" University of Notre Dame Shem i a ready. next spring | 3ye skid Mrs. McShan told him proetess ‘Laundry com ..... 1 3 “That was inflation stockholders and customers, ists recently were elected to offices otre Dame already has one she would “get even” if he didn't Bub SY, of ind 3's otd : The wartime scarcity of goods, ranked about even with the A SAD, unhappy hound dog eved coon dog. And with all his of the American Chemical Society “smasher,” a million-volt unit in Wor » eos tise 3s. what RO Ce AB 0 nylons, cigarets, autos, appliances No, 3. group named “Sweet Lips” howled experience at detecting he could at the society’s annual meeting in the physics department, which is a A wha So’ ind GAE ota

and capital goods, built up supply. Newspaper ads do it Almost half of U. 8, production and because went to war uses, he said. “Put those two forces

newspapers

a boom.”

Buyers Had Enough IN THE FALL of 1948, demand Seedling in a mere 80 years. showed signs of letting up. Ameri-| cans signaled that bought most of what they wanted, snapped their purses shut. The by Ralph M. Hower

exception was housing. .

vertising and news columns.

with their stored up war earnings, and bond purchases, was Good Em absorbed largely by runaway

ployees

week that capital spending, fac-|dicapped. tory expansions, big machinery buying Is turning downward. curity Division Some manufacturers are wonder- mave For some ing whether they have overbulll. pioyers shy awa

quickly, ¢ have . their own character at stake In 0- their advertising they are gengether,” Te sald, “and you get erally believed both in their ad. And he wanted to hear his former

Advertising is a $1 billion industry which has grown from a

The best recent literary pano- spurned him. they had rama on advertising is “The His- hn " y tory of an Advertising Agency” astic tail-wagging, “Sweet Lips

(Harvard University Press), the story of N

Ww. | The buying power of the people Ayer & Bon, Inc., Philadelphia, about it

ONE OF THE MOST worthy {"“weeks" is coming up Oct, 2-8. It

poses, Week pointed out this is the week to hire physically bane) Hog Prices Full Steady In Indiana the Employment Be- With Trading Picking Up

reason some emy from hiring the ac

apolis dog pound. “Sweet Lips” in a box on his front porch last was lonely . he wanted to night. chase 'coons in his native hills wa. INSPECTOR master recite poetry.

cause Inspector John J. O'Neal Indianapolis detective, had Despite the widest of hound-dog smiles and enthusi-

tag a jingle was attached. “Please take me in . . . and treat me well. I'm a good coon dog and can run like hell.” “He . . . said, “I don’t know a coon from

failed to find a home at the inspector’s house, Inspector O'Neal was perplexed a jackrabbit, all, but just couldn’t,with a coon dog?" convince himself that he had any use whatever for a large, sad-'dog pound.

Hog prices were fully steady in steers and yearlings and most

mournfully today in the Indian- pot detect who left “Sweet Lips” Atlantic City, N.J.

“Sweet Lips” on his front porch. chemistry. Dr. Milton Burton, di- radioactive decay. “Sweet Lips” was sad, too, be- In addition to his name On a rector of the university's radiation —

heck,” the inspector Cyrrgnt Enrollment What could I do At IU Set at 13,489

“Sweet Lips” was taken to the Indiana University announced {today that its current enrollment! of full-time students is 13,489, a competed in the event and more that

decline from last year's all-time|than

/the enrollment had reached a took the grand champion ribbon “stabilization point” following in the gilt division. |graduation of most war veterans.’ ee

used for experimentation In Stokely-Van Camp pid

Dr. Kenneth N. Campbell, cur- nuclear physics. “She knew that I was happily Janae & Co tin otd {rently engaged in cancer research, "The new generator will be used married. 078" aching com i here, was elected chairman of the to study the effects of high Will Fight Extradition Union Title Co O'NEAL found society's division of medicinal energy radiation produced in sONDS

After his case was continued nen & Stew %s to Oct. 7 and he was released on }

: pos bond, Mr. Satterfield said he Bastian Mots se 8) + 5 | roject, was elected . bond, \ erfie sai e an Moiles : [Oe te: the society's di- Carmel Hog Raiser {would fight extradition to re- ch TV 4 oh " | i i : turn him to Texas to face trial, '2itisens Ind Tel ¢las fi 10 vision of physical and inorganic Gets Ribbon for Gilt : « _ olumbls Club 3-50 83 ’ chemistry ' g ” “I'm not going anywhere 1 amyton fe Corn, se 9 aes SIOUX FALLS. 8. D., Sept. 27 don't have to as long as my wife piaots Bras Sig tesa 98 . (UP)—A hog owned by Kenneth iq in the way she is,” he said. {nduis Saint & Color 80 64... 8), ooo

‘Hayes, Caledonia, Ill, breeder, pe denied “running away” from ina . Asso le 3» 18 today held the grand champion Texas. He told police: Av eatore Lamonone boar prize of the Berkshire Fu- “Gee, I didn't run away. My Subhas: _ Packing “ {turity Show and sale. wife and I had planned to come N Ina Pub Serv 3'as 13 . Exhibitors from eight states pack home as soon as we heard 2aPer 4ct Co 88. .-o00eeoe we were going to have Public Service Fa 78 nw 104 ide $1500 in prizes were another child. We came back to 'Ex-amdena. = awarded to S0 entries. | be near my folks, all the family A ——————— Lynwood Farms, Carmel, Ind. 5." . i : ¥ y either one of us has Ship Movements Mm

By United Press New York Arrivals—Queen Marr, Bouthe ens gmpton: Marine Shark, Havre. Comfort, UP'—Govern- Bremerhaven, Puerto Rico. San Juan

BLOOMINGTON, Sept. 27 (UP)

h of 14414. niversity spokesmen believed’

U. S. Statement

WASHINGTON. Sept. 27

ment expenses and receipts for Pd CUT New York Departures—Granadero, t

In addition, there are 8337 part- Official Weather

Dr. Sauvain said that prices tive mid-morning trade today head scaling under 1100 pounds time registrants at I. U. centers ™ : Ad AE Br ge at par - Nad iam tua ta Pini Physically handicapped, although 44 the Indianapolis Stockyards sold strorig to 50 cents higher. |in East Chicago. Gary, South UNITED STATES WEATAER BUREAY A ah rs ein Pep . oI” j{adi: Bert Macquarie, Brdney: Somnavind new markets, overcoming re- ful Records of ability and faith- arter an only moderately active Several loads of mostly good Bend-Mishawaka. Ft. Wayne, Ko- -. Pxpe § 3001s 8 TATaiigary Haven Puerto de La Crur. ~~~ sistence, lifting consumption. Ance are unsurpassed.opening session. head, weighing 850 to 1050 pounds, komo. ‘Indianapolis. Jeffersonville sunrise = 5:38 | Sunset 8:34 (Recetp's ~ s48383872 a30700000 LEGAL NOTICES They are efficient, steady, rella- Barrows and gilts sold &t fully gid at $28 to $29. Odd head of and at the Earlham College-1. U. po cisiaiion 24 hrs ending 730 a.m. 00 Deficit 1 438900.38% — orang LEGAL NOTICE Easy Mone ble, careful and versatile at jobs steady prices. The bulk of 800d choice yearlings moved at $30 to center at Richmond. Zotal_preciditation since Jan. 1 na So B8iot 258.124.890.377 253.234.647.817 | Will sell at Public Auction on October Y Y not affected by their handicaps. 10 choice hogs. weighing 190-260 g33 put the bulk of medium to S———————————— Excuse since Jan. | Gold Res. 234.600.368.805 23.865.454.130 7th. 1848, 2 pm. rer 18-01 78828 ia Now buying Is largely con- And there are many handicapped Pounds, sold at $19.75 to $20. The j,i cooq short feds and grass- Team Wins Tourney wi Saawing tule 4HOYS the HMPERS-: | puntANAPOLIS CLEARING MOUSE {SESE sterase Shares amounting - te fined to two fields. veterans still trying to A top was $20. A few head weigh- ! ; Station High Low $.3.215.000 Wiley Auto-Park. 117 West Maryland ONE: Buying for current ‘Place on a payroll $ 3 nd 4 ing 165-190 pounds brought $19.25 rained kinds sold at. $22.50 to Shortridge High School golfers . Jims” i 5 or Glearines 1.210008 Wiley Auto-Paxk. 17 West Marsan rather than accumulated needs, are crippled roll Among these to $19.75. Choice head near 190 $28. Three loads that were un- yesterday captured the Marion Basten : : uaa : (r—— —— — A ate (laste oes by Sep victims, pounds sold at $20. (sold yesterday brought $27.50 to County Invitational Golf Tourna- Chieaso ...0...... ........8 Sof income rather than sccumu- battle casualties. and other ™ ightweight 100-160 - pounders 27-50. ment at -the Broadmoor, Country Cleveland. irri eares WE WILL BUY lated funds. They are good moved at §14.50 to $17. A group; Common to medium grassers Club, scoring a total of 317. Tecn Denver dil doped | BEE 3 PREFERENCE He predicted that housing and are grateful for Smployes. They of 290-pounders sold at $19.75. and odd selections of light native scored 335; Broad Ripple 348; PC Warne : an ¥ Mu HERFF JONES (0. CLASS A STOCK autos wil! continue strong for at stay on the job and do their beat Sow Prices Firm Steers 304 at $1950 to 3M. A;Washington 358: Howe 372, andl inlibiasats ‘ely. Bob PRESENT BID 93 least another “year. He also ®t. Sow prices were firm to spots “HOt load of high good to mostly Lawrence 337. Ransas ‘City srreresne BEC 0 8 pointed out industries have New Products higher. The bulk of all head 550 Choice heifers. near 9500 pounds. pn Sern | Ena gol. Po01 LL - ) CD CITY SECURITIES CORPORATION thinned down inventories, played , oo pounds and down moved at $16 to Prought $29. Other small lots of Lgeql Truck Grain Prices Jey Yori eos oa close to the belt, put the brakes! T FULL-SIZED vac $1850. St were on hand in medium lo Jove heifers sold at __. i aw gmana wiwionty INVESTMENT BANKERS on early. This will cushion the 8 he al lingited nu only. 4 (20. |" New No 2 red wheat, t187. rtsbureh ones a WwW downslide. . <,.) Aime abe om g packegs Bought most of the Cows Still Active ¥ 3 Sell corn. 311. san Prancises ars & 8 417 CIRCLE TOWER LI 5535 Easy Money be pri ih loys thi gr ax will steers in the tary morning 885-1 oon sold actively at. frm Nn ay MC iow soybeans. $30) Washington, D.C nM This is every indication that Which chil- sion. Most medium to good fed..." Good beef cows brought

the government through its Ked- 4" can record their voices and : Voice can be for sir

Discs can | roast.

lay them back eral Reserve and Treasury would pla) . press for easy money to keep Srased with magnet. goods moving, employment up. | reused. No needle, Labor unions pushing for

higher pay, he said, would help D® replaced by a super-incandes-

“keep buying power up. [cent 3000-watt bulb, He summarized: “There will | be further recession but it isn't #0 bad, and we cannot expect to continue indefinitely at the credit of an inflationary boom. “And the recession won't be A “suntan meter” as bad as many business men |! appearance next have feared.” measures

building Brooklyn-Battery inel passages. require no dimming. will

i= going ecutive offices in t

the rounds of top ex ] hands of the had enough

ww A i " communities industrial policy Sealed beam headlamps will four firsts, } makers. They are studying it. appear on bicycles (battery or ONE: First commercial tele- Spring lamb prices were genMore than one is shaping the generator), and up in thrifty New vision set ever approved by Un- erally steady. Good to choice

course of his business to this Milford, Conn,

pattern. are turned on and off by photoelectric cells receiver ever approved ‘by Un- sorted head moved at $23.50. The Better Bosses Carpenters’ aprons soon will be derwriters' Laboratories bulk of medium to good sold at THE ALERT New York Cen. lighter. Reason: An aluminum THREE: First 16-inch metal $19 to $21 and common to meRatlro Lew tor en- ail is coming on the market, tube ever approved by Under. dium light weights brought $16

tral . Railroad is spotlighting supervisory skill To its 3000 supervisors the railroad is offer- 3 Ing a 10-unit correspondence Blue Ribbon Steaks course on how to be a hetter boss KROGER'S ia The course by mail is an easy championship beef

one-third as heavy

Rodger

11,000-mile. right-of-way. They in Indianapolis + get “diplomas” when they finish

ther. It tells the bottom rung supervisors what it takes to get a. Kroger's mahogany desk and a secretary serve grand in the front office D. & B lists five “musts” fur executives.

champion at

an's and will go over the Kroger David J Baker vice president Aten aac: Grade B 42¢. O WE: | 4 i rade ‘A ONE: The power of quick ad- o, Ripple counter at 93 cents Hugh J. Baker & Co al, TRS Ne Srade ak

justment. Business likes agile thinkers who can zig-zag with ease through the toughest problems, unruffied. « TWO: The ability to dele. gate work, giving the right job. to the right men. THREE: The capacity to analyze and synthesize, to bring separate parts or efforts to: gether quickly into an orderly whole, FOUR: Ability to make prompt decisions, in sisfiple accurate words, FIVE: Mastery of thinking.

policy

IF YOU want to be a better’ boss and stay where you are the NYC will probably lend you the course, or its outline. If you want something even better, you can «follow Dun's five points or marty the boss’ daughter ’ { Incidentally the NYC is bro-, churing the Riley Centennial, tied in with an atiention-getter on its crack Cincinnati. - Indianapolis. Chicago train, the James Whit. comb Riley.

Why It Pays IT IS DIFFICULT to tell. a newspaper advertiser it does not 4 pay. He knows from experience, year in and year, qut, that it plays ‘the lveliest tune on his cash register, and lures more dollars into his bank account. | ‘Newspaper because it sells on the spot, here and now; today and to

PARTLY CLOUDY AND CLOUDY ARIAS

ce of a community neighbor, pre

A a ’ |

Theater are spotlights will soon |Dreak even but Kingan's won't.

Latest use for fluorescent tubes . to light the edges of the now Three Firsts tun- } The light ribbons

make spring It the amount of ultraDr. Sauvain’s scholarly analysis violent in sunlight, and a minute ’ measurer tells you when you've

the street lights derwriters’ Laboratories:

going In for . ~. Of to White Sulphur way to reach the bosses along the Brown, hustling branch manager awarded a gold trophy to the winner of the Rush Dun's (Dun & Bradstreet) Re- ville Fat Steer Show. bought the view this week goes one sfep far- animal! and put it on sale in its tushville store at regular prices, © also bought the rethe Manufacturers State Fair, had Kingan's dress it It was 52 cents a pound on. the Corp; hoof, dressed to 89 cents at King

Today's Weather Fotocast

— —

_ TONIGHT AND TOMORROW-—That 13ng curving air front from New York State down inte - . morrow. It.assumes the sincere 10xas marks the south and east edges of cold air coming down from Canada. Government tors ; dict the mercury will go tumbling inte the 30's in some states and 40's in others. Stormy weather |

loin, 80 cents for chuck $16 to $16.50, common to medium . grades, $13.75 to $15.50, and canIn the deal Kroger's will about avy and cutters sold at $11 to, But championship. beef is good Bull prices were steady and the promotion for packer and store bulk of medium to good head sold

alike. lat $15 to $16.50. A few head brought up to $17. Vealer prices in late trading

FEW SUSPECT that a tele- were $1 higher after opening vision ‘set has fo have a fire steady. Good to choice head sold underwriter's approval, but {t early at $26 to $28. They brought does $27 to $29 in late session trade, L. E. (Lou) Randle, president Common to medium bulls sold of Assoclated Distributors, 210 8. at $19 to $26, while culls brought Meridian St. reports that In- $12 to $18

dianapolis-made RCA sets poast f 3 Lamb Values Steady

mixed weights brought $22 to TWO: First projection television $22.50. A small lot of closely

writers’ Laboratories to $18.50 FOUR: First metal cabinet, the A load of good to choice 117: anniversary table model 9-T-246 pound fed yearling brought to get the underwriters’ approval. $18.50. fully $1 lower than the previous offerings brought at the stockvards. They carried full Ne FOUR INDIANAPOLIS ex. 1 pelts ecutives will attend the Institute Slaughter ewes were steady and of Industrial Relations at White Sold at $5 to $8.50 Sulphur Springs, W. Va., Oct, 17- ’ 1. They are Harold L. Schuman, Local Produce

industrial relations: Indiana g wh ——— Association; Vie- Reultts—Svs bY 1s ang’ over, 3% » under § bs an J y Krannert, Inland Container nise¢ springers. 3c phe spring. Samuel R. Sutphin, produc- {I*,, 205, cocks. l4c. and No. 3 oeultr

ess than No Beveridge Paper Co.. and Fsss—Current receipts. 88 Ibs to ease to Grade A large. Ac. Grade A me

tor L

tion

Cnicaso®’ —— * ) ' ] [Sp : J -— — Dinven | KANSAS CITY, ¥ \ § I griops | \

-—————

FOTOCAST

LEGEND

o, 7 MAM

TT ARC SCATTEREE fin SHOWERS ay ARIA Nhe SEH Tired] snow

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ZL "aw

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