Indianapolis Times, Indianapolis, Marion County, 11 December 1949 — Page 50

i RE

Jutlook Is «Early Settlemen

Sager al

owners of the country’s coal

highest number for any mon

and quiet and (2) stability

~-and would probably like to settle. Mr. Lewis boasts about the few small coal mines that have met his terms. But .his real

investment of the large coal com-| panies in mechanical demands a full work week. Each day the machinery is idle the companies get no return on their money. More, they're out of pocket, for they have to mainThus, Mr.

Lewis’ three-day;

count;

in the Nation—

Stability ‘ ii

ute Is Predicted

vei . By J. A. LIVINGSTON : ~ ON-THE SURFACE, the labor outlook is bad. on +. John L. Lewis is still fussing and feuding with the 000 workers went on strike to enforce wage demands—the

of that, the prospect for 1950 is for (1) comparative peace

time coal production. The heavy dicated in automobiles for 1950,

tain the mines. (spring,

week is calculated to keep the ble hitch:

Bright

t of Coal Mine

mines. In October, some 600,

th since April, 1947, In spite

deprives the coal companies of customary profits, But both sides are under pressure to. settle and soon. If an agreement is made, it will surely run for a year. And that would mean that the nation's two basle Industries— coal and steel—will have settiled on wages and pensions through most of next year. The Bethlehem Steel contract runs through 1051, but has a reopening clause on wages on NoYousbae 1, 1950: Ditte U, 8,

A pattern has already been in-

THE INSTANAPOLIS TIMES = mbe Blvd. House |

~ Windcombe addition . . . Mr. and Mrs. P. W. Vickery recently purchased this frame and brick home in 7814 Windcombe Blvd. The home was constructed by Atkinson ang, Co., builders of the Vickery's former residence in 5314 Boulevard PI. :

$ v ’ wo * £5 » BA

SUNDAY, DEC. 11, 1049

Peak This Week

Stores Ready For Big Rush

Indoor climate control is a

The Ford Motor Co. and the!

equipment | United Auto Workers have estab- uf. It is to keep prankish boys

lished a pension program, similar to that In the steel industry, Gen-| eral Motors is studying a plan. So, it's possible that when the GM contract is reopened in the negotiations will be smooth apd amicable. One possiThe UAW wants a

from industrial starva-| union shop, which it alread 1 of has several o tion “due to lack of coal, yet itiat Ford. GM might balk at that |

HOW THE WORKER FARES Since 1939, his “real’income is up 37%, and his ook week Has increased only 5%.

- | _——— “of

55 i

fi Bre i HH

7 Ls :f

the electrical industry, anything can happen-—because of red International Union of Elee-

the left-wing United Electrical Wor _|week-ends. It is owned and operthe CIO. orien, Ye [ated by ten or eleven Chinese. .,meort more than defray cost

things shape up now-—unless Mr, Lewis is prepared,

cent below what they were at the start of the year--$1.39 an! hour versus §1.40. This is because overtime has been reduced, not!

because of lower wage scales.|

singe the end of the war: ! Jan. Dee. % 1046

The following table shows the Stick one in the garage now. post-war changes in hourly wages H | f Rise w

major home requirement today. Ways to give home owners from playing with the device, STeater year-round comfort and They 10ve fun but not at 25 cents Wer heating costs were exa throw, so the inventors feel Plained to architects and memfairly safe. bers of the Indiana:.Chapter of The night order taker is made the Producess’ Council here yes-

by L. A. Darling Co. of Bronson, teérday. Mich.,, and has been installed at Materials specialists addressing head level on sidewalks outside the annual convention of the the country’s major Indiana Society of Architects at stores, It gets business, too. {the Hotel Claypool sald indoor The ‘device which now wears ¢limate control 1s attained by the head of a Santa Claus will skillful use of fnsulation, fenestri-

(Continued from Page 49)

change seasonally. Next Easter tion and temperature regulation.

you can place your order direct 1 with the Faster bunny. Specialists in Pane Look for this development to| Specialists participating in the

spread in Indianapolis. It ix one Panel wers Homer C. Bisch, local

of the naturals in mechandising| "oPreseniative of OvERAEOmIng and costs only $550, It could ! 8 Corp; . for itself in 4 short time, PAY Clarke, Libbey-Owens-Ford Glass

Shopping Hits [Architects Society Holds Annual Convention Here

Materials Specialists Explain Advantages Of Indoor Climate Control With Insulation

{In Stock List: Volume Heavy |

|was considerable year-end selling

Trend Narrow

Market Held Steady By Cross Currents; Utility - Average Soars

By ELMER C. WALZER # . " Editor WYORK, Dec. 10— Stocks

week with volume at the level fince the week end 6, 1948, Miny cross currents operated to- hold the list steady. There

Nov.

to establish profits for income |taxes, offset to, some extent by |short covering to establish losses. | Also the market was in a digestive process after the utility and industrial averages rose to

moved narrowly during the past] =

Recently Sold by E

nT SW

b «

pew

at 6146 N. Pennsylvania St. was r

new highs since Aug. 26, 10486,

pitals representing ideas of leading Hoosier architects. The exhibit ‘will be on public display through Dec. 15 at the Wm. H. Block Co. Auditorium. Exhibit drawings, photos were classified by a comJmittee including Are¢hur Wugpper,

early in the week. } The utility average was pushed

it furthér new high on Thursdns and on Friday it had its ur aod 46 sales and one pending|N. Talbott;

{loss of the month. Year-End Dividends A depressant for the industrial

stocks in the group selling exdividend. This was particularly noticeable on Wednesday when three stocks accounted for a de‘cline of 1.09 points in the average on the basis of. their aggregate dividends amounting to

Merritt Harrison, Richard Bishop,79% points.

Waiter Smith, M.

Clarence Meyrs, Horace Boggy and George Halverson. | Roger Tennyson of Findlay, O.,

{spoke on ‘Blueprints for Tomor-|

row” the architects’ dinner

last Hight. B Gil Carter Company Sells 16 Homes

| Sixteen homes were sold this iweek by the Gil Carter Co., 6202 College Ave. :

{ Co. representative, and John E.| The Broad Ripple firm reported car loadings

| Numerous year-end or extra |dividends helped individual stocks to rise to new high ground {tor the year. | Meantime the industrial picture | brightened. Members of the Na[tional Association of Manufacturers in session here looked into 1950 optimistically. | Economists predicted a good | year ahead for auto, building and {steel industries. | Industrial production made an |irregular gain. Construction; elec‘tricity output, steel output and increased. There

n » » CAR WASHERS are getting Haines of the Minneapolis-Honey- sales at 6108 Indianola, 6128 Bur- were declines in auto, codl, gaso-

set for their annual holiday rush. well Regulator Co. Around the holidays car own-| whey said proper use of insula ers_want thelr cars slick 80d yon win protect health by preshiny. It is one of the last preparations but along about Dec. 21, the lines will be long atthe washeries out N. Meridian and Illinois Sts. =

heating and chilling. Heating costs will also be reduced in winter and summer and damage to the ‘stricture will be . BE _ BN. . rs crear prevented: by eliminating a -INN, Chinese and! nieas throughout the year Lag

“American dishes, 2133 N. Me- er construction and good building

ridian St. is rolling up an envi< materials, able trade volume. It develops a said. waiting line occasionally on

the panel members

Increase in Gomfort

venting dampness, drafts, over]

These savings and increase in|

{lington, 5811 N. Oxford, 1001 E. {54th St. 6192 N. Delaware St. 5918 N. Oxford, 1240 W. 54th St. {and 919 E. 61st St.

| Other sales included properties ‘at-8005- Haverford, 5718 Critten{den, 5844 Brouse, 2715 E. Northgate; 6130 Carroliton Ave: iN, Delaware St. 1905 E. 524 und T13 E. 73d Bt.

Insurance Firms Buy |$49 Million Real Estate

Purchase of real estate valued

And there are only about 85 iniot installing suitable indoor cli- nation’s life Insurance compan-

town. mate control, they sald. “a 8.8 | Kenneth D. Earl,

THIS IS THE BEST week to qncers’ Council chief, presided at Year.

lay in a Christmas tree. By next|the meeting. week they'll be picked over, and

| The Institute of Life Insurance

a immediately preceding the strike.

line, fuel oil and crude oil output: t Steel Output Gains |. Steel mills stepped up opera‘tions to 91.7 per cent of capacity at which they turned out 1,690,500 {net tons of steel or more than were being produced in the period

Construction came close to set{tihg a post-war record with {heavy building at $302,115,000 |against $219,647,000 in the pre- | vious week, and $83,603,000 in the corresponding week of last year. Coal production reported for the

at a record pace when John L.

Lewis pulled the miners out of state Pro- | 18 in the third quarter of this), pits and put the industry on

a three-day week.

Earlier in the day, the conven- reports purchases increased hold- week but was 1 to 5 per cent unyou'll get the leavings. Play safe./tion members viewed an exhibit|ings to $1.1 billion through Sept. der the corresponding week of oo. co nty: A of model homes, schools and hos-|30. . : A

last year on a dollar basis.

‘Million Dollar Shopping Center Under Way

1947 1948 1949

§ i

cesns $1.00 Sanne L17 severe L230 sesnes 140

$116 16% 1.30 11 140 38 1.39* Nil

A new $500,000 shopping center is springing up at Pendleton Pike and E. 38th St. It will be the merchandising center of a fast-

PEN- SHADE SHOPPING CENTER

§ :

25EES Bing isl ’ & : :

of,

measure of prospective labor, costs. Recently-won pensions add| to payroll costs, Furthermore, ! the Social Security wage |

_ Prices Fall to

By MARION ORANEY The long wait is over. Speculators who had sald pork prices would drop took a bow

up a few cheers. For the second straight week, pork and pork products continued selling at lowest figures since war was declared—the cheapest in nine years. Except for a few grocers who

are going to stick around for awhile, meat counters featured bargains on all varieties of pork.

ing loin ends at 25 cents a pound.

Plunge Was Expected The record-breaking ~ plunge was expected, Meat tradesmen knew something would happen when farmers began marketing the largest peacetime hog crop on record, The peak of the current crop should be reached in January, meat experts said. Christmas hams continued to sell like hotcakes, but a surge of beef into Eastern stores shortN..__ ened ‘appetites there for pork ul from midwestern boosting the supply loc-

A monthly round-up of meat | #00

The higher wage bill puts pressure on wholesale prices.

Age reports that a price advance in steel is unavoidable because of higher transportation, labor, and raw material costs. Sharon Bteel tly advanced some prices, = ‘ meted ’ still nl short supply. Not so machinery, autos, cultural products—as the | Mot ny gantronteg in holdings of Commodity Ving costs, t ey Credit rm So 't Be Sv heir Jaber “prices can’t be lifted willy. " : nm nilly every time costs go i Nher wages. Tha, and alge, hold | 1h, 86 In, 1980, most o the make for easier ;

top—the Iabor leaders. In 1948 and 1949, the pressure was the other way.

sewives Cheer as Pork

prices showed live pork dropped to a 41-month low at the Indian-

apolis Stockyards Nov, 22. Best porkers / brought only ‘$15.75 a

Hourly wages are not a true|Dortheast side.

goes up from 1% to 1% % in 1950. INE space for more than 300 cars. ,

Inflation

growing population web on the

With an Atlas Super-Market, a Haag Drug store, a variety store, and five small neighborhood shops, it will include park-

The huge triangle, edged by the fast-flowing traffic of Ind. 67, E. 38th St. and Shadeland Ave, will feed from Brendenwood and Lawrence township with approaches on three sides. At the Pendelton-E. 38th intersection there is a Gulf gas station already in operation. The development, one of the most expansive in the northeast section of the city, is designed to make car shopping easy and bring merchandise counters closer to the residential bulge of the city in that area. Other Shops Planned In the smaller stores it is expected there will be a barber shop, a beauty shop and several spe-

| {

PARKING

/ \

1/1/17

WALA ANNL JI/1 F777 7077/7777 7777

SHADELAND AVE

clalty stores. The huge Atlas market will be }~ the largest enterprise ir the de-

be 7 SERVICE | zc STATION /

[171/077 77477

~~ EAST 38TH STREET

LLL IL

ry | ZL

TIT IIITIT.

velopment with spacioussmerchan-

dising area, well-lighted and ac- | cessible. 7 It is understood that Maurice|~

{and Rose Atlas, proprietors, have Realtor McClanahan

| hundred pounds, the lowest since/Signed long-term leases.

lifted July 1, 1943. The later OPA ceiling, 115, 1943, Reluctant to Speculate Retail meatmen, reluctant to | speculate, “suggested” the cur-

{rent record low “might stick

still couldn't realize lower prices yround,” since budget-conscious Atlas Buper-Market.

shoppers have yet to begin rush-

{drastic changes either way. In the stockyards last week,

|hogs sold unevenly at “about == AL reer mt met | nog y CR Tork Tas Rae RT TV Th YOU Tk TON 5 J Th Jk Jk

|steady” prices, Where some | weights dropped 50 cents, others |rose slightly, With good and choice steers and heifers still scarce, grades medium and lower sold at prices 25 to 50 and in- | stances 75 cents off, Beef cows sold at prices steady {to 25 cents a hundred pounds higher, Bull prices remained fully steady. Vealers sold at prices steady to $1 higher, compared to the previous week, Native lambs steady to 50 cents higher. he week's top price for hogs

| Man or Woman For Sales Survey

bo Interesting part time work. © + | Call on a limited number of . grocery ‘stores . monthly, Car -| essential, Write for early inferview in. Indianapolis. Give experience, other employment, 4 ‘and phone number to

| was $16.50. Weekly hog esti- | mates totaled 53,000.

$16.25, was lifted Oct.

{ing ‘meat counters. Demand fis| | One. large market was featur- steady and prices are steady—no achieves it bright, sparkling tones 1

last week. And housewives sent|the first OPA ceiling, $14.85, was The Haag lease also is a long- Sells Them Fast When it comes to fast oper-| Ralph E. Heuber is president | ators, Realtor F. V, McClanahan

{term arrangement aimed at the {continued growth of the section.

iof the Pen-Shade Corp. which is right up at the top. . {built the shopping center. Roy Zaph, attorney, represented the corporation, and William B: and Jacob 8. Miller represented the 2219 Shelby St. | week. FLUORIDES SPARKLE | Vitrolite structural

home Mr,

glass because of the fluorides that

|during its manufacture. ‘been located.

BY MULLING

| | { { 1

4 . A Lovely KITCHENAIDER fo SH replace her old kitchen sink . ... $ i 95 up

lovely Kitehenaider (11 models fo choose from) for ristmas. Al ne exira east,

¥ a plastic miniature ped for under the tree. tehenaider when you sav,

ftehennider, ell deliver

NO DOWN PAYMENT

| 88 AT,

FURNITURE AND APPLIANCES Bath 5 t (IRN 1 IM 3505

Take the sale of a South Side McClanahan's firm in completed this

Property of Dr. John Brewer at 2730 Manker St. was sold in ine days. However, the complete are transaction was made within a added to the raw glass mixture few hours after a buyer had

of a new community with shopping and parking on three busy thoroughfares.

dows and doors, keep out

low, the terms are easy.

Phone Hu-

\J/ NE) 11}

-c a a

* More daylight per opening

[L * No painting. or puttying required | *Brazed comers. for exira sirenglh * Non-rusting hardware throughout ® Ten shock sizes * Chica of several popula sis

Woeather-Seals stop heat loss through win.

cold air , , . save

you money, save you work. The price Is

FOR FREE ESTIMATE

DOUBLE HUNG WINDOWS «CORNER WINDOW Sw BAY WINDOWS « PICTORE WINDOWS * MULLIONS » STORM SASH ; SCREENS :

is combination 'imestone-frame New E

land Colonial home ecently sold by Bruce C. Savage

North Side Realtors List

46 Sales During Week

|transaction for the week ending Dec. 5. |

Associated North Side RealtorsN, Tacoma; John M. Max, 2401-3

Walt Veon Co., 4018 Winthrop; Robert E. Walker, 3773 E. 62d St. and a plot in Brenden-

| American Estates Co. topped wood, and Ford Woods, 1020 N, average resulted from “several sales this week with 14 properties. Tremont. ‘

The firm sold a 15th home in a deal with Fieber and Reilly. Five properties were sold’ by F. C. Tucker Co. according to a report filed by association officers. A sixth sale was made with Bruce |8avage Co, American Estates listed sales at 5252 College Ave., 7153 N..Meridian St., 1011 N. Delaware St., 1434 Chester, 4123 E. 38th St.,, 955 W. |20th St, 1002 E. 36th St, a lot iin Woodruff Place, 403 N. Gray |St., 39018 Washington Blvd., 5878 | Kingsley Dr., 4725 Cornelius, 213 | Buckingham and 7213 N, Meridian St

| |

| The combination transaction with Fieber and Reilly was at 4546 Park Ave, Tucker Transactions ‘The Tucker properties were at 3947 Forest Manor, 4120 Roselawn' Dr., 3836 N, Drexel Ave. 6365 N. Addison and 2542 N. Dearborn. {The deal with the Savage Co. was /at 2722 Ryan Dr. f | Savage Co. also listed a transaction with Warren M. Atkinson: at 4225 E. 37th St. Individual

The Veon Co, holds a pending sale at 5845 Indianola.

Grains Follow Downward Trend

Market Hit by Letup In Foreign Buying CHICAGO, Dec. 10 (UP) Grain futures, with the exception of rye, sold lower on the Board of Trade this week following a letup in foreign buying of United

|States grains.

Although the market displayed considerable strength and advances of -a cent a bushel -were rather general yesterday, all

prices except for rye remained

lower than last week. Wheat futures, which sold at

{the highest prices of the year

early this week averaged at least a cent’a bushel lower at the close

isales by the firm were at 4910 N. of trading Friday.

ilitnois St, 5043 Indianola and] 135653 Caroline Ave. i Joe Berger listed sales at 1225, Rowin Rd, 914 E. 50th St. and [5446 Crestview Dr, } | Other Deals Listed i | Other deals were by W. L. Bridges & Son, 1920 E. 65th St. and 6424 Evanston Ave.; Edgar E. Brodbeck, 208-210 E. 24th St., 1225

at $49 million was made by the Week: ended Dec. 3 was running, ‘sro00 00" Ave and 5436 Carroll-

ton Ave.; Alfred Campbell, 5026 Rosslyn; Thomas F. Carson, 3644 Park Ave.; Driscoll Realty Co. 4 lot at 530 W. Ma)./e Rd., and Fie-

Retail trade moved up on the ber & Reilly, 3542 Gladstefie.

Gerdenich Realty Co: a farm In| H. M. Graves, Ine. 5690-92 College Ave., two lots

FREE ESTIMATES EASY TERMS

Iron Railings

« NO DOWN

United States. TA-2434 A AAO Pty of F

—

East of

value, While

clally priced.

at 33d and Yacomma Sts. and 3225/and quiet flour trade.

terete

FENCE TO STAY

SILER NCE co.

Lamp Posts

Call for Representative or Visit the FINEST DISPLAY of FENCES, WIRE WORK and IRON RAILINGS Shown in the

Fairgrounds STATE-WIDE SERVICE

C= ELECTRIC HEATER

Special purchase of UT. approved Electric Heaters. Regular $11.95

_ INDOOR CLOTHES: DRYER

All metal iconstruction for Indoor or outdoor drying, with 34 ft. of, clothesline. . Folds up to umbrella rise. Helght adjustable. Spe-

Trend Reversed : A trend to higher prices which had lasted for several weeks, was apparently reversed in corn and oats as well as in wheat. “How= ever, oats showed only small losses compared with’ a drop of about a cent in e6rn. Soybeans 3150 eased but rye showed independent strength, alded somewhat by a firmer market for rye at Winnipeg and Minpolis. Lard futures were lower in sympathy ‘with weakness in cottonseed oil. Tradihg during the week was only moderately active. Buying by commercial dealers was slow due to a scarcity of export sales

APA EM ERA P22. ASSOCIATION

THE HOOSIER WAY

Fencing

PAYMENT

1701 E. 38th St.

ree Parking

54% Ideal Xmas Present OUTDOOR GRILL

Convenient portable aril .complete with revolving soit and cooking tray fn all metal CHrrving case.

$595

AW last ....iniiinn,

(

Open Sunday . Sia mito! pm,

ce C. Savage

“Many The econor lowest price ping away shortage. It is sma amazingly c doriveniences

"older homes.

fresh air ar can have a j play space f The econo: est moving market toda; the dozens construction small down than for a g monthly pa; rent range. 21H One of builders who the small ho Graves, Inc., of 21 houses block on N, The secret is design a Graves hom ceived to use for comforta fully planne with big hon tions, The Grave years exper struction dev Sylvan Esta experience wi signing and present econ In the Ta ment there is is a little d gpect from { be done with ing, or all th The street oped. It has face with s and curbs, al to a city pa center and t The living home, is ligh ample wall decoration,

tries" It is testured wal

Sm Convenient

ving room

with a space: closet with g is done in a delicately to beige above Wives of kitchen. In { being shown

Five rms tion. In

city par $85

Yes. an-Kraft ki with doul floor, wall