Indianapolis Times, Indianapolis, Marion County, 12 February 1950 — Page 42

TL 4

= + = s

Outlook in the Nat

follows another. stretches on and on without en

ness Week, in a brilliant edi-| | torial, poses this dilemma: Not to use the H-bomb, be-|

gs war. Yet to use it might make large sections of the. world unInhabitable, Russian recognition ‘of the Ho Chi Minh regime in French Indo-| China -only emphasizes the atomic] threat. Britain, France, and the United States have favored the Bao Dal regime, as the Kremlin knew, Therefore Stalin has open-| ly accepted the risk of conflict _in the Far East, He's using there, | as in Eastern Europe, his pres-|

can get away with, presumably without war, Russia's on-and-off blockade of _freight movement resembles John| L. Lewis’ tactics in coal mining. TWO: The coal strikes and the| threat of a telephone strike sug-| gest that the bright young college graduate, looking for a lucrative career, ought to investigate labor relations. Faet-find-ing boards seem likely to become | a commonplace in American life, so that more and more arbitrators, mediators, and fact-finders will be needed. Relations between manage- !

cause of the danger of retalia-| tion, might mean a risk losing

fion— ]

~ U. S. Economic Future Rides on Tenterhooks

Postwar Readjustment Period

Unending; Business Declining _ Byd. A. LIVINGSTON GTON, Feb. 11--Sixes and sevens. That's the| k from the Jaton 8 capital. One harassment 7d of

Batar. read ustriért

ONE: The Hydrogen Bomb, more fearsome than the * atom, makes Americans shrink from-their own power. Busi. 50 cents lower despite a short,

reached that “state of affairs where. the government ean | adopt a hands-off pelicy. Disputes in basic Industries | are a heritage of labor's rise to eminence and te political power. under Roosevelt and Truman and continuing do- | mestie disruption, As yet, no satisfactory tech | nique for settling disputes In | basic Industries has been developed ~~ as President Tru - man’s reluctant resort to a. Taft-Hartley Fact-Finding ! Board makes clear. | THREE: ECA Administrator! [Paul G. Hoffman has returned

ment and labor have a

sure tactics-—seeing how much he!from the Continent despondent Were largely steady. A top of $18

over the Marshall Plan. In Eucountry for itself — still runs |strong. The British have refused {to go along with the Hoffman! program for European integra{tion, which means cutting down upon trade quotas, lowering tariffs, and making currencies convertible, As a result, Hoffman {is thinking of suggesting a cut! in the ECA appropriation for next |year. One effect of that would be to curtail American exports. The! more important effect would be to

{regenerate European distrust of to 300 lbs,

American motives,

est on record and divi

U.S. STEEL'S '49 FEAST After famine of '30s,income per ton is 5th highe

Ton of

dends rise.

‘“« "ww

Sopot fr 3K Liviogmon

ECA's Pressures

Yet, in Britain, Integration rationing and price controls. + ECA was set up for relief, fe. construction and rehabilitation, But Hoffman, indirectly, i8 press. for internal political changes. UR: The - Department of ricuiture, already saturated with the potato blues, is now con« fronted with Héwvy surpluses in cotton and wheat. The department has stated that its proposals for reduction in 1950 wheat plantings did not go far enough and a further cut in plant. ings is to be sought for 1951. The whole farm program fis creaking at the seams. Nobody is- happy about it,-inclyding the farmer, whose income is dropping. FIVE: The business situation

Overproduction

this column suggested. A clue to the business situation is autos. Supply’ has so caught up with demand that Michael J. Saada, writing in ~. the Wall Street Journal,

the National Automobile Dealers Association at Atlantic City In one word: “OverproducSethe” ‘During ‘these slack winter months, dealers are offering concessions to get rid of cars and prevent them from backing

Conceivably, production schedules might even be cut That might have the effect of transferring some - production from _the first to the half. No such output as last year, imedrty 5,100,000 passenger cars, can be expected im 1950. The 1929 total was 4,600,000.

is deteriorating, partly because of | strikes. Steel mills are banking only 67,000.

summed up the convention of

—!

Hoffman has insisted all along that | the United States does not intend to | hh interfere with the domestic affairs of foreign governments. And! superficially, the term “integration” implies noninterference, America wants free and multilateral trade.

would mean 1 the e modification of

furnaces for lack of coal, General Motors is eliminating Saturday and overtime work, and Chrysler has lost production because of the walkout over pensions. The flow of purchasing power to. Workers has dropped a bit. Furthermore, unemp loyment jumped to mearly 4,500,000 in January from 3,500,000 in December. Part of this was seasonal normally the service and construction industries reduce forces during the winter months, Part of it was due to unusually severe weather, especially out West, As-an indication, 301,000 workers who had jobs were not working because of bad weather; in December, the number was

But you can't “excuse away” the entire increage, created as fast as people are joining the 1abor sure-thing, first-half upturn. in business—a earry-through of the - momentum of the last few months ot 1949 ‘has not taken place, | as

Jobs are not being force. The so-called

The mference is that steel demand may subside somewhat, And the steel companies might begin wooing customers instead of vice versa. Prices would be shaded and profits per ton of steel would tend to decline. The steel Industry is far from famine but it may do a little less

feasting... Stoackhalders, however,

should continue te-fare well, The U. 8. Steel dividend rate, at $2.60 a common ‘share, is less “than half the 1949 level of earnHinge of $539 par share, earnings were impaired by a 42day strike.

Rope for Handrail A large, smooth rope “strung! through large screw eyes firmly attached to every other wall stud ‘will “provide an’ inexpensive good: looking handrail for basement or attic stairs.

| be

t] Jaf Dealings

{good

And "49

Hog s Steady To He Lower | During Week

Beef Steers, Heifers Firm ta. 50¢ Up on

caine a dmg aitn

CHICAGO, Feb. 11 (UP)~The! i big packers bought relatively few ‘hogs this week and prices for barrows and gilts ruled steady to

supply. However, the market here was! very competitive for sheep and prices for fed lambs rose to $26.50, { highest since last July, Slaughter {lambs were 50 cents to. fully $1 higher on wooled: offerings of an weights, Light receipts of cattle fated! to stimulate trading much and! {beef steers and heifers were’ | steady to only 50 cents higher at the week's close. Beef cows and! bulls went up as much as $150 while vealers held steady. Hogs Reach $18 Top Most of the décline in butcher | hog prices was on weights over [300 and under 200 pounds; sows

was pald every day except Tues-|

Ditto in Berlin. |rope, economic nationalism--each day but the quality of hogs under!

200 pounds was poor and only a| few of such weights were top i sellers. The decline took place despite} a continuing shorter run of hogs and an advancing wholesale price trend for fresh pork. A review of prices follows: " Hogs: Most good and choice! 80 to 230 Ibs. Friday brought! [$17.25-817.85, a few down to $17. Comparable 240 to 270 Ib; weights were $16.35-817.25 with others 280 $15.75-$16.50 and 300 $15.00-$15.75. Most | and choice sows 450 ibs.

to 375 lbs,

{and down were $14.50-$15.25 with {heavier

weights largely §13$14.50. 3 Beef Cows Gain Cattle: High-good and choice fed yearlings sold at $29.50-836 with the latter price the loadlot top. Odd head choice yearlings were up to $39. Most medium to average good fed steers brought $22-%29 with a few common to low-medium steers under 1000 Ibs, $20.50-$21.50. The bulk medium 2nd good heifers were $22$27 and good cows, $18.50-520.

Medium and good sausage bulls!

closed at $20-$22 and medium to choice vealers at $27-$33. Sheep: Illinois fed lambs scaling 94 to 102 Ibs. topped at $26.50 with 105 to 107 1h. Colorados $26.25 and 116 Ih, wheatgrazed kinds $24, Top for num{ber one and fall shorn clipped ambs was $24.75 with the bulk $23.75-824.75. : A deck of choice handy yearlings sold at $22 wit’ comparable twos at $19. Medium mixed yearlings and twos were around $17. Good to choice fed western ewes in loadlots ran to $13.50 with cull: to good kinds $10-$12.50,

Grain Futures Up 1-4 Cents

CHICAGO, Feb, 11 (UP)— Grain futures went up one to more than four cents a bushel this week on the Board of Trade and in doing so largely offset the break in prices last week. Since Baturday of last week prices for wheat generally have risen three cents a bushel. Corn and rye prices are two cents high-

Mai

gh or

This rome home at 31s College Ave. ee boei ‘old by A. L Schmidt to Robert M. Gwin.

Za Ls

THE INDIANAPOLIS Trams

ior Sales of | the Week

Gil Carter Realty Co. handled the transaction.

Dr. and Mrs. Y. K. Slocum, It is

er, oats a cent higher and soybeans mostly three to more than four cents higher. The break last week was the sharpest in some time, but traders sald it was more out of sympathy with declines in 1948 and 1949 at this time of year rather than the result of any real sell. ing pressure, Reports of continued dryness

buying in wheat, Wheat in western Oklahoma and Kansas is sub-

event of winds. Some loss already been reported. Market strength developed In rye and corn during recent trad: ing. ‘What's in a Color? Range Times Special CHICAGO, Feb. 11 -- Buick's colors have taken on high-toned fashipnable names. +—Ab the forthcoming Chicago auto show, one of the few left in the country, Buick will display CAFE TR THX eRe” BIAMK “Vents white,” “Gotham green,” and “Buffalo brown and tan.”

‘Here's Buick’s

over wide areas of the Southwest | have brought about considerable.

ject to damage by dust in the] has

{furniture gov

This attractive two-bedroom residence was among sa -Mead Compton-of the firm sold the home throug

8 located at 4577 N. linois St.

sales of the Driscoll h-The Times. for Mr,_.and Mrs, David .C. Pellet} to.

{

Pa—_— Bo ¥

Toh

think it's

Sparks

. housing” measures are

Real Estate—. Architects Are in Uproar

Over Zoning Decisions,

~ Builders Feel That City Planning Is al In Poor Shape Because of Polifies ~~ rT

"By the Real Estate Editor Architects have their drawing boards in an

more than perturbed over adverse

Said one this week: “We're know. who's in-the-know. But we high time professional planners helped mold the ys,

politicians - and . non-professional people, the mild-mannered spokes- | man said,

the Indiana Soélety of Archi-|

carefully. At their fnitial 1950] decided to have {they design properly zoned. An editorial

ing blistering of co-op housing in Sweden,

“do-little { In Sweden, &3-0p housing ac-| counts for about 20 per cent of| construction, while public hous-| ing bites off 70 per cent and

# wh “

4 | |

Realty Co. last week.

A modern, brick p valing. fhis home at 5839 Ralston Ave., was sold fo Mr. and Mrs. Allen Hug: : gins. The seller was Clarence Hamant, local builder. Joe Berger Realtors handled the transaction, one of 12 made during January through The Times by the firm.

| Looking Around—

Smart Furnishings Need Not Be Expensive

By FLO It's easy to make the house you're planning to buy a colorful, comfortable and cheerful home. All it takes is a little “taste.” And that “taste” is mostly from the eve and not the pocketbook. Brightening the interior of your house banks heavily upon eye appeal, that right mixture of color and comfort, Too often clashing ‘colors and too many furniture styles give a room that “fire sale” look. Every-! thing in the room loqks jumbled, like a mussed-up bed. The room repels rather than attracts, The same is true of a room overloaded with rich furnishings, shadow boxes, gaudy drapes and

ithe ugliest of all—transparent

you're planning to buy, Make it comfortable and colorful. Let us help you with your interior decorating problems. Write to “Interior Decorating,” Real Estate Department, The Indianapolis Times.—The Editor.

And attractive, but economical furnishings are -the mark of. a Twise housewife, . A neighbor recently asked how | she could brightén her drab dining! room inexpensively. Her dining room is rather large for roomis of that function today. It measures 12'x12", Her room has dusty rose walls, white ceiling, maroon carpeting, deep aqua drapes with maroon /

festoons and dark A n

You must live in the house

C. & S. Air Freight Gains. ~60-Per--Cent--

she retain all the furnishings. “Brighten your room by paint-| ing your walls a soft gold and your ceiling an off-white color.” 1]

To save her money, I suggested|

private enterprise 10 per cent.

{through an allocation system,

MEA reports,

Financing is also complex in| Sweden and the MBA study con-| {cludes “despite long experience of| Swedish. co-operatives . . , they’

SuNDAY, FEB. 12, 1980

They want RS resentation on city zoning commissions. They're feeling like political orphans,

P for Indianapolis is| te Any tor, the fingers of) | participation on zoning and plan. ning, llegislation concerning construc. ition and. greater civic “responsie

Yesterday, the local chapter of | bilities.”

uproar. They're decisions concerning zoning and’

not politicians. We: don't even

Monday on poor zoning practices here spurred the move,

And that move was that archi. cts will demand more active

correction of adverse state

That's the program they

tects cued up their T-squares 'adopted~for 4950.

“We want to be where the final

directors’ meeting the architects say-so on -the city’s growth -is the structures made. {being just the spots in the exin The Times pansion cloth here.”

We're not satisfied with

Opponents of the Sparkman “middle-income house bill and the Maybank and Spence “co-operative

congressional mailboxes with re-

says co-op housing proposed by the Sparkman bill would anything to broaden the market for housing” in the U. 8.

{have not been able to obtain cost redyctions sufficient to raise the very low space standards of hous{ing in that country or to account {for more than 20 per cent of

b | Construction is rigidly controlled housing production at any one

time. “The Swedish experience is cone {sidered significant at the moment because it is the outstanding European example of this type of housing and housing financing.” »

Cal, and Waldrick, N. s

borhood Development Contest, A jury of leading community) development experts chose seven other award winners and two honorable mentions in five classes of the nationwide land planning competition. Winners were cited for economy

Winners of Neighborhood Project Contest Chosen

‘They Are Seattle, Houston, Kansas City, Mo Lafayette, Cal., and Waldrick

Times Special

WASHINGTON, Feb. 11—The best neighborbul, RoE butiy™~ In the nation today, as determined by a national cont los cated in Seattle, Wash.; Houston, Tex.; Kansas City, Mo.; Lafayette,

NJ.

Builders and developers in these cities were announced today as winners of the National Association of Home Builders’ 1949 Neigh-

of project, attractive home design, {overall land utilization and plane ning of shopping centers and edue cational facilities. f Basis of Award The jury emphasized its decise fon was controlled by contest cone

Life Expectancy Of Humans, Cars, Homes Compared

ditions, The basis of award was’ 70 pet cent for site plan, 30 per cent for architectural design of structures. A statement by the jury said: “4“The projects presented were

HOW DO YOU measure the 1 value of a house? .. That's not so much a problem for the professional appraisér as it is a current problem for Hoosier home. seekers.

babies and automobiles, the National Association-of Home Build-|iries ers came up with these statistics this week, Every minute In the U. 8. two houses aré built, seven babies are born and 10. automobiles Are produced. .

NAHB REPORTS the life expectancy of a modern home is about 100 years.

the life expectancy of a person w today is 66.8 years. The Automobile Manufacturers Association states the life of an average car is 8.4 years.

The two houses built every min-

Putting this questioh alongside try.’

Federal Security Agency says!

ute have a total use value of 200%:

felt to be an excellent cross-sece tion of the various types of resi. dential developments being built in this country and were a great credit to the home building induse

iy material submitted as ene in the competition included maps, specifications, blueprints, photographs and other important planning data. Winning plans will be first dis. played at the annual NAHB cons vention and home show exposie tion Feb. 19-24 in Chicago, Awards will be made at the convention. > List of Winners The winners Were!

Project of eco mes unde ts—Parkwood, , Beatie. "Wash. hyd

roject of sedi y Domes r-50 units ates Cale Frat: Unie

Vernay aor, Ta Col., nver, wood, Dallas Bx: yin Sesond; Whig. Pr arger over 50 u aus lands. | Wal dries 3 1st; i Wyner Hills. Hillsdale third: Rides Park, Parma Bodh o. honorable wood

Rental housing -— Parkwood, Houston,

Years, while the 10 autos produced | 3 every minute “last” 84 years, the! NAHB points out. The conclusion. , , .

told her, “You'll have your bright § and modern room.” She did , . . and she has.

Chicago & Southern Airlines, | serving Indianapolis, reported yesiterday a 60 per cent increase in! ‘air freight in 1949 over 1048. The airline carried 467, 546 pounds of international freight! against 201,452 pounds in 1948. C. & 8. laid this increase to the opening of daily service between {this country and Caracas, Vene-|

Pleasing calor schemes to. ‘blend with your furniture--newly purChased or “10-year-sid” wedding gifts—-can be accomplished on a budget.

lonial furniture. She wanted a bright and mod-| €FR Pooh. “Bhe had even “looked™ at new dining room furniture. This was. unnecessary.

ness Le square foot.

Home owners “may choose Between three types. of file to decorate modern Dative. Plastic type, shown abeve, has and permanent colors, It costs

Ceramic type. in

in use for centuries.

foot for: walls, $1.75

waging a sharp battle to continue its leadership of the tile industry. It has been

the bathroom here is

Cost is $1.90 a square for floors.

3 Types of Tile Available for Modern Bathrooms

The third type, shown above, is bak enamel on steel or aluminum. vantage, dealers say, is the tendency for the enamel coloring to wear off. Steel tile . costs 90 cents a square foot,

A disa

{port showed.

Net Earnings Off For U. S. Rubber

The United States Rubber Co., which operates the world’s lagest inner tube plant in Indianapolis, reported net earnings, after taxes and all charges, of $15,1000,072. This was equivalent to 2.9 per

Tela, according to G. J. Ke eller, § cargo traffic and sales manager. Further

dicted when C. & B. puts its 300! miles-per-hour Constellations into. service.

Salt Damages Concrete |

Excessive use of salt to melt ice on sidewalks will damage the concretefand leather shoes. Calcium chloride mixed half and half with sand and spread sparingly is recommended instead of salt.

gain this year.was- pre-f.

AND

(EVE ENTE AT] 1

cent of sales and $5.62 a share on common stock,

and $8.48 per share in 1948.

from 1948, the stockholders TeHerbert E. Smith, chairman, and Harry E. Humphreys Jr. president, said the devaluation of

net loss of $1,980,721,

CEIVES

] Hit nc SHEN

A —, V ting. 3 A rocaing

pn o uo wn 0 WRITTEN LI Hibh VE Ci oun nd Bevan of

compared to $20,141,585 or 3.5 per cent of sales

The consolidated net sales were ‘ |$517,430,676 a decrease of 9.5

foreign currencies resulted in a

ADVANCE HOTEL RESERVATIONS

ITINERARIES SIGHTSEEING

All plonned and —_— extra cost to Greyhound tc Fig

GREYHOUND TRAVEL BUREAU

acnoss 34~That thing S[TIA]l ISICIOIRIE! 1—Musie: as written DTS ch ot AVL JLIANIEIS] ATL 1A toe) y mbal for . DIOILILIAIR] CINSIRIED) $—To hit lightly um [LOITAISENEIAITT 13—8hoemsker's tool 40—Encountered CREW] FAG) a, I fiend IEEE . |) [6 3 EN Dread nth 34 Actusl bain, Be RIAIPIIDAMITE] in sleep $0—Gull-iike bird METIRCIATT INT ISIETR W--Very smal 31—8hade tree mE CIOS] I nto dine S819 relese f He SE oe he Hetty im A ER i 14 complement §1—Pronoun Hi! IST INIEIAIRIST TAIR[T] 24—Ci y game Apptoschies FAMERS IAL] }pan of dap 65—Native metal 33~To soak 1=To piace he.

Tex, first; Fost 8 second: Srest drove,

(Fon, ‘0. nti

APPLIANCES

Stepp ~ Spring

IU Exter

Of Selli (Continued re : Smith, Inc. ) co-chairman ¢ tional Commit

Teeters, secre Butterworth & Mr. Teckem assemblyman IREB and the will address th session of the He will talk The 1950 M: °° © His talk will ¢ at which seve professors will

Others who Dr. H. H. Ma) marketing; Jo real estate.in neth Dameron ~ vertising; Dr. professor of ge ber of the Co ning Commiss Weidler, dean commerce an Dr. Robert B Zeiss, staff Weilder, and land, real est are OSU assoc Mr. Teckem: lectured at IU lina Universit speak at a nr conducted by Connecticut in Local realtc “farmers,” bul — to start the hi

Philippi Lure An

15,000 Civilian By PAUL Times Forel MANILA, P. most America the Philippine world’s large: civilian Americ Here on the -munist Asiatic 15,000 nephew Uncle Sam ar ous fields of ci About 15 pe already joined sociation of th recently mark versary. The organiz to promote th nationals and tween the “L the Philippine Filipinos. Comoriehty 80.02

Judge Doi To Addres

Judge Donal of the Indian Court, First Di the Indianapol American Soc Life Underwrit bia Club Tuesc His subject | of Life Insura mer member where he tau banking.

State-Wide §

BR-5421 ;,