Indianapolis Times, Indianapolis, Marion County, 4 November 1949 — Page 26

er f Ria Xo

RIDA X. NOV, 4 19:0

PcEw. THE INDIANAPOLIS LIS TIMES _

Fa in Business— Today's 5 “Weather Fotocast | ~ Downtown \

~ Values Drop

Traffic Congestion, Branch Stores Listed Among Chief. Factors

By HAROLD H. HARTLEY, Times Business Editor REALTORS are Keeping an eye on downtown property values, Big money is invested. How to make business buildings earn Thetr salt is the problem, : { High building costs, have frozen new construction, plenty of new~fronting and remodeling. ; The downtown committee of the Indianapolis Real Estate Board: has : just completed a Burvey pouncing' a sudden reversal of among members of a nation-wide the downtrend in food prices. Dr ¢ realty appraisal group. With these & Bs Index stopped in its tracks,

but there's Sr —

Jory WORT » {

4 9 rest” ™

PARTLY CLOUDY AND CLOUDY AREAS

i Jeffersonville school officials ‘were en route here today to dis-| § ‘cuss with the Indiana high school; 3 |athletic commissioner lifting of] = ithe thnge month basketball sus‘pension against the school team. In Jeffersonville hundreds of! the school’s 1100 pupils remained’ ion “strikes’ protesting the suspension, } | No action on the ban can be] taken today, Athletic. Commis{sioner L. V. Phillip said, but “my office is always open to discuss {school athletic problems.” | Jeffersonville Principal Emory| |V. "Theiss and School Superin-| tendent William F. Vogel were {to confer here today after Jeffer-| {sonville business and professional

into their’ slippery groove, scooting to lower levels, just as they had been doing since the first of

struck most cities. But it has still to touch the 100 per cent re- the year tail section. But . & B, didn't make a mistake out-at-the oof. the iad Slag Fre it did -tay--its yardstick. on ing area there are unmistaka fond prices just at the time when 0gs tea Y 0 . Be signs of fringe-rot. puff of buying wind had inTraffic congestion and lack of 2 terrupted the settling adequate downtown parking hurts food prices. the earning power of downtown Best » guessers point to meats FedY HATE” ANA there are-othar woh pt sane rh Tend the parade:

Mr. Hartley

grees. -

Higher Official Weather

indicates the diop to below 32

* . Nov. 4

“ “ Ending Recent Slump Trend ==. -™

Hog prices. today. tightened the brought $11°to $13.50... A

few 7

factors - working. against the to lower ground. And to that we footing they regained yesterday sales of sausage bulls “brought! EXC€sd “Sinee Tunusry” values of business property at the _,, eRES: after siipping‘to a three-year low Prices weak to 50 cents lOWer in. .,. 1 ,ying table shows community Crossroads. *» ® = , clean-up trade. Medium and ture In other eith The rapid growth of suburban . {earlier in the week. good: sold at $16 to $18. Odd avente shopping centers based on the Case of Aluminum | After dropping ‘to a top price of head of cutters and common Boston “inherent 'aziness. of people” 18 FTHEFRE IS a change coming in only $17.25 Tuesday, choice butch- grades brought $13.50 to $15. Eien:

neinnati

entirely ers today sold at prices steady 10! cpoice vealer prices dropped Cleveland

hurting. Lack of modernization. tne delivery of « milk smoke, dirt and confusion, high miceed by the huoseéwite! 5-cents higher than Yesterday's $1. Other grades sold at weaker peorecrite taxes and land values with di- 1 is not the bottle which sets $172 5 average top : hit rouge rices.. Good and choice sold at Fi- Wayne minisning returns and poor and gt her back door but the case Only the same steady quOIAtiONS gon ng 4 $30, Common and me- Indianapolis (CIty)

+ . Avda in later trade, costly public transportation are from which the milkman takes it" C00 0 ok sold at prices dium brought $18 to $26.50. Culls Kansas City

' ; downtown real esate destiny of hat Jaa beén the point of con- oo" ince a top price of $16.25 dropped to $12 to $17. pr Paul » nN was imposed under OPA In late A small supply of lambs sold New York L Aluminum milk bottle cases are jo4e at steady quotations to order Qk aphoms Cf ’ Four Remedies coming into vogue, not for ap- Some Reach $17.50 buyers for shipment east dl id E

240- and choice sold at- $24.

Medium San Praneisc 0 and ‘good brought $20 to $23. Wald

INCREASING distances to the pearance but for their breakage

better residential sections, “the record. pull of branch and. chain stores, C- E. Erickson, president Yearlings were not available

in suburban areas and lack of the company bearing ‘his name to $17.35. Several loads reached giz ughter ewes remained steady adequate arterial’ highways add which 1s exclusive sales outlet $17.50 early, -but later buys were at $10 and less to the woes of the downtown for the case says his company $17.25 and less, ' — property investor. lpaded bottles in aluminum cases| yeionts from 240 to 290 pounds | The remedies on the prescrip- and slid them down -S8-foot long ak " 0 Pp t a 3314-4 1 moved at $16.25 to $17. Choice ‘tion shelf of downtown realtors Tamps at a 33';-degree angle with, o, ounders brought $17.15 include (1) Increasing close-in Only a few breaks per hundred. |; g17 75 Lightweights from 100 * parking on a free or cheap basis,| The conventional cases, he said, 1, 160 pounds sold at $14.50 to (2) bettering and cheapening of Droke several bottles per case on|g16.50. the cost of public transportation, every trip down. Sows sold at prices steady to (3): relieving congestion, getting] an =u stronger than yesterday's quota-

Good and choice 170 to Pr of potind butchers today sold at $17 shir yéton. D. C

MAGAZINE . .

rid of dirt and smoke, better Home Town Boys tions. Bulk 300 to 550-pounders brought $15 to $16. A few lighttfeet Wyhiing. ang. 10) lower | WHEN EMIL SCHRAM, presi: weights athod T1520 and higher.

| dent of the New York Stock Ex- Odd weights over 600 pounds change, reels. off the business brought $14.50, Stags were sal-| score to the Indiana Manufac-/able at $11 to $13, Zaitpugh not turers’ Association next Thurs-| available. power. {day, he will be introduced by a In cattle trade with supply 4 : fellow boyhood townsman. estimated at 300, not enough Round 4 Floyd J. Bailey, president of Steers were sold to test the mar<| - IMA, is from Peru, and that is ket, but prices looked steady. LAST SPRING at a dinner’ I\where Mr, Schram, big time farm- Cows made up most of the sup-| whispered -to-the -treasurer of er (4600--acres-at Hillview, IL) ply. large Indianapolis company, got his start in life, Nov. 23, 1893 Common and medium beef “What's happening?” #5» cows sold at $14 to $16.50, steady |

These adjustments, the realtors believe, will revive and maintain’ the values of downtown real. estate by holding up their earnMg

“I.don't know what's happen: {to weak. Good grades were ab! Ing but I can tell you what's going Cow to Can went. Canners and cutters to Bappen. ug THIS WEEK'S issue of Life - Bi H Fo ” C a -—1 “What?” Magazine turns its roving cam- ces Career — “Strikes,” he replied, “lots of leras on. the pilot plant of the) 9 °9 . { them.” {fresh milk canning Industry at| ‘As 1875 Feet of Sausage He explained, "The CHICAGO, Nov, 4 (UP)—A

inflation | Valparaiso, Ind., with pictures and] “wilds hiave left the business sails. idiagrams.- giant hog loafed comfortably in| The backlog of orders is gone. | An old story to Hoosiers, and ” slaughter pen at Union Stock Prices have come down, Compe-/the fresh milk industry, the proc- yards today, unaware that he is tition will do that.” ess keeps milk fresh 60 days org¢pected to provide nearly a third “But unions have become ac- more at room temperatures by: 5 mile of sausage inks. customed to regular yearly in- keeping bacteria out of the milk. Robert Hawley, Argyle, Wis.| creases. They'll be back for more Most of them get in between ¢OW 14 the 1080- pound’ porker fo a this year. and the companies must and pails and are pasteurized out ;..., packer for $124.20 yesterday say no. Then there'll be strikes.” by dairies It stood four feet high and mea Businesses are looking back Canned milk has been tried in goog six’ feet

; long over the last ‘few years, adding up Europe for years. Chief difference Stock vard Rl sail the the. wage increases granted. One dairy men say, is in the taste. yo (our year-old Duroc’ would

firm figures that in addition to We're so used to the flavor of probably be converted to sausage holiday pay. added vacations and! pasteurized milk that it makes They estimated it would provide, athes concessions, they have in- the germ- free cow-to-can product 1875 feet of links. reased wages 65 cents an hour. taste strange .

“Like That’ ot Nehru ‘Nearing “End

Pp n ~ ~ Nylon for Stenogs ; “THAT'S ABOUT as far as we A NEW ALL-NYLON inked of American Tour ... ean go," said the president. “If we {ypewriter ribbon is appearing on. MADISON, Wis. Nov. 4 {UP) go farther, we no longer will be {he market . Prime Minister Jawaharlal mn a competitive position. will lose, Remington Rand, Inc, claims Nehru of India leaves this after a “oli Busfmess and ola” up” “Hine: ribfan’ 1s thin Eid flexible noon for New York to wind ap’ hb wien snapped his fingers. “Like that,” gives sharp, clear impressions, grueing month-long tour of he said. leaves no stray fibers, requires North America. ” The strikes are here, Business fewer shanges, and erases more| During the trip he has traveled = easily. 16300 mites and- made 42 pubtic Like the Nylon stenographers talks. IE agement's chair is far from easy. wear from the knee down, the! Mr ~The steel settiéments probably new ribbon lasts longer. . resists for London, -en rotite home Nov: will” touch off another round of ‘snags : - ; Tafier-completing.a. voyage of pleket lines emergencies and. dis: ~discovery' to the new world. reds” sftaations -

tomers and competitors, and manNehru will leave New York!

Local Issues

+ Mrs. Harry. Brown.

2200 Bulbs

. ¥ ! ast ome “ne a wns Ne white corn, $1.05 *S 1 0 " [Ne . corn, Ne —— * N' Ind Pub Serv 8% ptd 04's 108 | Ne I 2

) RH HA ETE Tp A en __ La EC ’ > “ a o allory com . 19%, 3 ) povcosn” muy wo WESSEL HE Blacron eamoe light up a | ary ha 2( ‘ollege gery ol In so teenes SW Tu | so? Avie and tid Wesinin so i Ti 3 re = HWY) COMICS IN BIG SUNDAY | HILIP MORRIS nd 1ihnals Sts $0 Ind Oak vid ah + P ONT TNMALE and Iam “8. Horn (Wiegand's) sraro vin Samp raed | a d . tokely. Vv Oo a Was chairman of the florists’ TABOer & Go 3ir®% sid " { rn o smoke celebration. It started off with US Marhire Soy table he | yo wht i? And NOW - {the presentation of 2200 tulips to! Mid Telenhone 8% ora i. #7 “ an le Co 8)

the City Park Department to be

*Ex-dividend.

used in Holliday Park. noNDS 8b next year, when the sod is ena me p shes 60 » ao ere ! saft, and there's the warmth. of fir honn Lut 88 R = Fh | spring in the air, and you ave fuboer seri jer Be 1 R | walking through the charming|¢ Gilgen | “Tag i ds # i | paths of Holliday Park among [ndoh Bre “Aly te 6 98 the tulips, remember who put! hdPis Pali tay f v : them thére—the florists. of In- a Pl iy $n 10 5 | lanapolis. in ols wo HR 3 34 i ERT » . Investors Firat * a wn . \ { Kuhner Pac . #1 i Flip-Flop id = ay, BuADSTREET Shocked Ss i sountry lam wesk by an-) wos

BPE

TODAY AND TOMORROW-Fait, with freezing temperatures in the upper Mississippi Valley, = Mr. the Great Lakes and Ohio Valley and portions of the interior Northeastern States, The dashed line e

UNITED STATES WEATHER BUREAU

Sunset 40 ». m.

Precipitation 24 hours er rding 730°a m, otal precipitation Since January ’

the tempera

High

FASHIONS . . . IN PARADE . DUE NOV. 13 —

OL) swouLD BE SMOKIN

facts in hand the committee is shot. up 14 points Am leaders last night protested that Jooking into its Grocers “were. amazed. They ii action of the association had put! own crystal bail, knew about coffee rtaching for &; Aveo rights of their children in ‘“‘jeop-| The committee the ceiling, but that was only one mepohn AREA ardy.’ headed by L. H. 4 ftem. The rest, insofar as they 6 ° _ Lh . / ; . . SHOWERS Basis of Suspension | Lewis has found knew, were still seudding down- aR GET: ’ + SLEET Fax aad SNOW Jeffersonville had been susthat a disease, | ward, Cm SNOW SHOWERS yy : pended from state competition becalled Sacet | This week the truth came out. y: 7D nD How, is url RAIN cause, it is alleged, they lured ; ! by . tralization, as rices settled back £5 C0 6 4 / two team prospec om Vv 4 It was a fluke, ¢ TW REGUS BATORE CORR 1940 £OW L A WAGNER ALL RIGHTS RESERVED. ; prospects. from _Biiver Part of a a shipment of 2200 0 tulip bulbs i imported from Holland

Creek High School. Phillips sald the THSAA are planted in Holliday Park, 64th and Meridian Sts. by Tacrse

board of directors would not dis-i Fiel (right), landscape architect for the Park Department. The cuss the Jeffersonville case with ..c presented by William S. Horni-(left), chairman of National

“children out of school.” An “atmosphere of order” was essential Flower Week activities. -

before any problems could be dis-| cussed, R. V. Miller, president of ites: et the board, said.

The baard has made ho com--mitment to reopen the case, Mr.

29 Phillips sald. The board will not Leukemia Victim 18 be in-session...today. but is ex. ™

— pected here tomorrow to witness the state cross-country race on 44-Day lliness Fatal To 3-Year-Old Child

| Shortly afterwards, physicians at

she had developed leukemia. She was born in Indianapolis. Her father is a fire knocker for {the B&O Railroad.

TI¥ survived by two sisters; Mrs: |Georgianna Evans, Indianapolis, and Miss Katie ‘Marie Thomas,

La¥ Coffin golf. course, he said. ie aon Cadiz. Ky., and three brothers,

33 —e——

58 38 | Three-year-old Anna Louise Leroy Thomas, Indianapolis, and 3 ‘Wor Id Repor f= Thomas, who died Wednesday in Cevell and John Henry Tuomas, 35 both of Cadiz.

i ® What's doing on all world General Hospital after losing a tm —————— 42 fronts . . . up-to-the-minute 44-day. battle against leukemia. Rabbi Greenfield

+ “reports in a concise, easy-to- will be buried tomorrow in Floral - To Dedicate. Monument

$5 read word picture . ‘are Park tof the vicki tn 2 presented’ EVERY Sunday in tes for the victim o ¢ A monument in memory of 42 The Times. dreaded disease. daughter of MU. yoy vicier will be unveiled

38 and Mrs. Matthew Thomas, 635

33. ® To keep abreast of im- no oJ 'at graveside rites at 2 p. m. Sun- > 4 ne St.. will be held at 1 p. m. ” $ portant developments that Te E in the Patton Funeral 9ay in Beth-El Cemetery. 3 might affect YOU . .. read 'gome Crystal Chapel. Mrs. Lisker, who lived at 903 {~ WORLD REPORT. Anna Louise fell and broke her Union St. died Nov. 2, 1948.

SUNDAY IN THE i

laying in the hall of Rabbi William P. Greenfield and

leg" while in September.’ ‘ Cantor ~Myro Glass will officiate.

- her home early

What management sees.’ and NERARTI 1 We. Statement fears, is a shifting of profits from Nev, 4— 3 ? ii prove « the Investom to the. workers STOCKS Bid Asked WASHINGTON. Nov. 4 {UP —Clovern- ’ i conds you can Po . American States old 4 38 ment expenses aiid receipts for the our 1 few se h A \ {ican Bia £4, COI A fiscal year throughsNov. 2. compared H ee LY in just a “Fe yshite Coa NM r sr 43 t Thy RPO AO i ’ : r. t e Living 8B Ayres 4) & plfd ser 45 101, 104 This You aw Leal i : AORRIS 44 y Belt HR 4 A a ( Expéndes $14.438.512.283 $11.5634.6851.0 Jr ORISTS' WINDOWS are a Belt RA | : Bik Yih Som 0" Receipts 1.338.648. 188 ATT 374.408 PHI LIP ee 0 ) h obbs rril ' 3 Deficit 1.083,864.08 i 0 I EI ‘ this week, with jibes er i ¢ Balance 4.803.237.56) 080.699. 238 IA bl ITATING resh-petaled ‘mums nodding to *C*uiral Sor +0 2 (Public deb 54.885. 040. 114 253 503.418.1483 ELY LESS IRR passers-by. On top of that, it's pociiles: 3 yo [00d Reserve 1171.191 34/008.609.019 | 1S DEFINIT 1 i ’ Cont Car IAL ’ Lt 1A | oki National Flower Week. mar Ny com sai 41s 4t| INDIANAPOLIS CLEARING MOUSE | 1] 1 . d you re now sm ng It is a festive week among the © cumnpns ng. old § of 84. 100 |Clearings $_K.A88.000 shan the bran Y! city’s florists. Mums and button Consolidated tnd com Co... "i, J [Perit , 3.371.008 pompons are in high color. In Hells Fie eond ofd «= ! ~ ® 3 ; the expert hands of a floriat, be. [ouitable Sec fa Com 2 Local Produce ' | Hays Corp ofd w yi : il ribboned and mixed with the other Herft-Jones © f¢ My 0% OF - we . other full colors of autumn. they Ho me Tel x rel + ofd S , Founty Fow! * A los and (gver, Bie ’ 3 : y rug Cog 14 1944 Under a lbs og 10I NS ¥ v a ve Ind Asso Tel 2 vp 0 breed sprifhgerss 2c. ahd Leghorn sprin make striking displays Tid" Clas Sak d Tm i8% July £75. I18¢’ cocks. 140. and No 3 poultyy, te The Allied Florists of Indian- [hd & Mier Ce % tlt] og "leas than 1 vl 1 } 19 88 Toa SANS, | apolis, Inc., this week held a'Indpls iy % pid 38. Sorte 3 * Qrade A gH window contest: Four qualified [ndnis . go com Ws, irae x rad fm a> Grade judges spent the day touring the {240 hie &e ote 1080; " giderial No : Rn Pa w > . % a 10 3 » n ay when roduct i eity. They saw 48 windows Thé | priferso Natlona) | Life com y delivered at W adley "Co poultry plant ) Everybody talks about PLEASURE, but onl ~ top prize went to the Home of oS id - 98 someth . ¢ of Kinea ( in . J : { bout 1 Blowers, S601 W. Washington n Nat ule’ ii il Local Truck Grain Prices. , "ONE cigarette bas really done 3 ing about x. the friendly shop of Mr, and | wo Herripgton com } 4 * That cigarette is PHILIP MORRIS! . I 'd 3 . : Te No red truck wheat, $1.82 ne nes M Bt

Remember: less irritation means more pleasure.

And PHILIP MORRIS is the ONE cigarette proved definively less irritating, definitely milder, than any other leading braad. NO OTHER CIGARETTS CAN MAKE THAT STATEMENT.

w YOU'LL BE GLAD TOMORRO RROW — YOU SMOKED PHILIP MORRIS TODAY!

... light up your present brand DON'T INHAL

NG PHILIP MORRIS!

Holland Ts Planted i in Holliday Park a

“General Hospital told cher parents

In addition to her parents, she

line's feeder 1? poned- until] cials have augural flip scheduled fo! The delay ~~ low completis sow gation work termediate said. Meanwh flight: over t! apolis at 8:30 {ng ceremon Municipal A officials and state and n groups were Regular lir “made at Ko Kalamazoo Mich:

School Open |

Physicists

4 At Purdy

Time: LAFAYET Two. physici interuniversit following a-k at Purdue Un Addresses Eugene Feer University Burgers of t pity of Delft, fessor om the Physicists leges are ex parley sponse Universities Dame, | Purdy

EXCITING | IN TIMES" P

“USE YO

ils

CLOTH!

You Save MEN'S su

ROBERT