Indianapolis Times, Indianapolis, Marion County, 23 February 1950 — Page 30

THE INDIANAPOLIS TIMES THURSDAY, FEB. 23, 1950

Today in Busingss—

Me ws i eam:

‘Business Yaka es January Drop

‘Production Declines 45%; Department Store Sales Slide

By HAROLD H. HARTLEY, ES — ‘Business Fditor Indiana business tailspinned in January, According to the Indiana University Bureau of Business Research, industry's wings iced: up partly because of i ini isruption in steel production, the freeze in coal mining. Disruption in steel produ ti n a I yy also due to inactivity in the coal flelds added to the decline. prices mostly 25 cents: higher Hoosier business dropped four per cent below January than yesterday's average at the : Indianapolis Stockyards. last year, a slip greater than ,.. vo... wil be operative this ! :

Some pricés ranged as high as usually declared seasonal. year, expected to avoid tle-ups.|. = Tc higher than RB 2a , “Coal production in partic- The lumber market in the West!

day's rate: Heavier grades apalready is feeling the pull of the. ** . ular was unseasonabiy-depressed a a0 8 p peared-to-be-25-to-b)-cents higher,

— Hog S Up 25 Cents; Trade Active

——| Top of $17.75 | Reported on

| Choice Loads

Hog trade in barrows and gilts today was moderately active in

tracts gave the spinning ship ‘a the rails, ice- packed, graded in, 1,w good 850 to 1000 pound shot of high-powered fuel. Fav- giandards at 59 cents and selects, gioers sold from $25 to $25.50.

orable weather brought a 5 per petter for frying, 10 cents higher. other small Ints of mos ty me cent increase in construction,

But : the tuna packers aren't dium steers sold from $22 #® = =» missing the sales boat either. 10ad. mostly good and oh in yearMEANWHILE, a business sur- They figure .they have salmon lings, held at ahout $26.50: comvey by the National Association licked, that they are a- direct mon and light mined steers and

of Purchasing Agents report a competitor with the meat counter. heifers, nation-wide upswing in trade for

$19 to $21.7

fa Bm = Cows were gener i fully 50 February. The spurt began last! pqUNA SALES crews are tour- cents higher than the Tuesday month, but while continuing, is ing the country urging grocers to rate. Good beef cows went at settling into a more gradual the country urging grocers to prices ranging from $19 to $20; climb. move their goods. They're using common and medium, $16.50 to Industrial inventories continue movie trailers, too, in color with $18.50. a downward trend, emloyment is Bing Crosby and Billie Burke] Bulls were scarce but trade was slackening and the buying policy. doing the cooking. In the lobby steady. Medium and good sau-

of the public is conservative, report notes,

Open New Offices

the movie goers are handed Bing’'s sage bulls sold from $19.50 to $21, favorite. tuna dish, and Miss and the best heavy sausage buiis {Burke's own casserole recipe. were eligible to $21.50. Vealers

td — were active-and-steady-wih-yes-FARM BURFAU Insurance to- And el TL oe ghgese terday’'s and Tuesday's average. morrow will show a fresh face MAaKers are sitling on their hands. "01 oice grades brought They've moved. down prices g : g with the grand opening of new of- Heddar 99 dents) and Jonghorn, $31 to $33; common and medium, fices in the Farm Bureau In- Cheddar ob cen ther’ ho unevenly $20 to $30, surance Building. Formerly the $2Me price. And ey're gelling) Sh Crest 27 structure at 130 E, Washington their own recipes around. tied in| sep Crest at § St. went under the name of With macaroni and spaghetti. | In sheep, trade was active and Security Trust Buflding. Watch the ads. There'll be ne trong.

Dividends Planned

NORTHERN INDIANA Public 00K it. | Service Co.,, Hammond, has de- . 2.2 clared a 35-cent per share dividend on common stock payable Mar. 20. Also declared a 2214 . cents per share on the 41; per New York Central,

{And they'll also tell you how to lambs sold at $26.75

ter ewes, $0.50 to $12; choice

manager in Indianapolis for the, lightweights, quotable to $13.

is now in the

| American States ptd

RAILROADS are making news NICKEL PLATE was happy. american States com gain. . too, It was in second place, up Avrihize Colleries com ,.. “The Chicago & Eastern Ttinols from seventh. . pg Uk Railroad has handed Hoosiers “ something new today. A Budd “self-propelled diesel car now is on a two-week experimental run from Evansville to Chicago.

[Contes ral Bor std am “

‘Chennault Loses. Case-

HONG KONG, Feb, 23 (UP)The Hong Kong Supreme Court, The train leaves the southern dismissing a claim by Maj. Gen,

[2]

Cu . Cummins Eng p .e - Consolidated ¥ Pinance 5 pfd .. 97

FES a ES nn 43 $07 A io% RR Columbia are DY {Ia

EPCHE RR ee a

Wayne

building boom, nofifyin Cus-| due to the influence of labor un- ; 8 ) wing 8 than the i geale. : The convention, scheduled to ; : 5 tomers. that shipments cannot = - finish today, will include speeches rest, January production 45 Per ,,.,.e for four or five weeks. It's Bulk gooa and choice, 170 to hy B. J. Martin, “Financing the cent below that a year ago,” the yo order pile-up, 235 poiind grades; sold. from $17 Bale”: by Cliff Rowley, “Warm report states. : There is nothing in sight this to $17.50; several loads at $17.60 . 70 Degrees”; by - Pete Pfriem, An 11 per cent slide in de- vor vo put the brakes on bufld- 10 $17.65. Top for the day. settled ; : . . “More Profit with Prefabricated partment store sales’ evidenced |i I 8 at about. $17.75:0n a. few loads Roy Rogers . . . long distance to Miss Donna Carter. “Ducts”; by John Higgins, “In- ¢ ‘haiderable reluctance on the fn a Other Tanges were: 235 to 270 t HL ° ' ro, : centives for Selling.” part. of consumers to part as free ALL STORES have advertising pounds, $16.50 to $17.25; Shoice} c b K t B H d Speaker alter the. 12:30 4 F w § 2: vm. 17 with contents of the pay en- copy moying for the hopper for near 235 pounds, $17.50; 270 to 0 oy ing oO e ear luncheon . will be Donald PI velope. Production_of electricity the Lenten srason when red meat 335 pounds, ‘$18 to $16.75; 100 to with “The News’: Fred Gombert, ww is aw 2 pep des, FeBsonaliy makes way for fish, poultry, 160 pounds. $13.50 to $15.50, Over Long Distance Phone “Organizing to Sell, " and an ing ue i big oy _ cheese and macaroni, Sows were steady within ranges gpection of Victor heating equipgeneration necessitated 'y ne But th - £ g ¢ na ment at th H -N artaie 1e pork market is already of $13 to $15 for 330 to &™ Hookyu Betwee r . nt e all-Neal factory ~Huiel-shortage, : looking far ahead to Easter, the pounders, and $15.50 for choice - P n Donna Ca ter, Western Idol and research laboratory. : A bre adying influence game gu day for ham. Pork prices began 270 to 330 pound stock. To Be Completed From Theater Stage Yesterday's program included a | gler 8 stone e Ww > . bs : 3 {piers " per ne higher $0 stiffen 188, wed). ahQ -1eost Cattle Trade Active King of the Cowboys Roy Rogers will’ speak from the stage of welcome address by Fred 8. than last year. They crested De- grocers believe they'l) stay unui , All price ranges in cattie pro Fountain Square Theater tomorrow night via long distance Boone, president, Hall-Neal Furcember shipments which set a the. faster. bells. sing. duced active trade. Steers and By a special felephone setup, Roy will talk to. Donna Carter, "ace Co, and a panel by heating 20-year high. : The succulent oyster will be In yearinos scored a 25 to 75 cent winner of The Indianapolis Times-Fountain Square Theater Roy EXDerta called “The ' Question “ A there fighting for the consumer price jump Rogers mystery tune contest. Both ends of the conversation will ~°X Allied with stone, building con- dollar. Shipments are already on Several loads of high medium be audible to the theater audience, aT emt

" . p y In the special presentation at | Services for John P. Walsman, ASPER b. 23 (UP)—Twe otir ATA Sires Ne Te oa bi s ps m. Mayor Al Feeney will re ired Indianapolis businessman py Sikes for Ms SBeriPl. Biter 1822 College Ave; will be at 3 4rouble broke out on an AFL 8ive Donna a letter of introduc- and inventor, will be held at one “Will be held at 1:30 gy p. m. Saturday in Harry W ' Lr : tion to the NM reles. 8:30 a, ) av i ATTY . ; : Uphalsterers’ union picket line at Hon 15 ihe fayor of Los Angeles. u a om Monday in Harry W. Monday in Harry W. Moore Peace Moore Peace Chapel. Burial will he Jas Per ‘ Capt. William for Hollywood Saturday . ES aes Chabel; anid at 9 Chapel. . Burial will be in Floral be in Crown Hill Cemetery. e oli / . gr a. m, S T ¢ Thompson, here from Indianapo- ‘hile there they will appear on tie re Tomas Aluinas Park Cemetery. _| Mr. Walsman, who was 88, lis to direct state police opera- two - radio broadcasts and will Crown Hill Chant Wi e In. Mrs. Hogston, who was 65 died yesterday in General ‘Hos- ° tions in the trike against thes watch Roy Rogers on location for > ) ery. -moved—to—Dalas; Tex; seven pital. A native “and life-dong office furniture factories, said the filming of a forthcoming pic- , r Bair, who lived in 1862 W. years ago. She died there yester- resident of Indianapolis, he re- : ture. 60th St. died yesterday in St. day. She was a native of Daviess tired 20 vea Linus Mehringer ‘was charged Vincent's: Hospits years ago after serving with assault and battery and Also taking part in tonight's pitai. He was 75. |County, Indiana, and lived her 15 as custodian at Verano Apart‘Henry Hertzog with malicious Presentation will be Miss Evelyn, A native of Constance Baden, Years. |ments for 20 years. “trespass. D'Amico, of the toy department Germany, Mr. Bair was superin-| She is survived by two daugh-| Surviving are a niece, Irens

Short three decks, good the factories in. October, seeking Of the contest, and Earl Cunningdoubt about what to eat fogsLent. and choice 102-pound fed western a union

Scattered good and choice na: factories tive grades brought $26.50 to $27; using reduced-=work forces comF. L. COVERSTON, former as- medium and good natives, $24 to posed of both old and new non- Wrentmore Resigns sistant to the assistant general $25.75; medium and good slaugh- union employees.

Bid Asked”

| |

117, the picket line ahd breached the 104+ picket line to permit 10 or 15 cars

18'2 he pulled the hair of one driver;

Roy 1 to Greet Contest Winner “a Tricycle Ride

Furnace Dealers Wind Up Session

Convention Hears Sales Consultant

A national sales consultant last night told Hall-Neal furnace deal‘ers, convening in the Marott Ho- { i tel how to sell their product in a competitive market. More than 200 dealers. from over the United States heard Jpavid Osborne, former sales training director, Studebaker Corp., give six rules to follow in correct sales procedure. Mr. Osborne also. listed 200 other faults which could cost sales for the dealers, and suggested remedies for each of them.

Convention Ends Today

a A

Donna will also receive her contest prize, tickets to Hollywood for herself and her mother, Mrs. ‘Rosalind Carter, 917 Pleasant Run Pkwy. The contest prize was provided by Borden's

Mickey the Chimp is one of the many free attractions at the 1950 Sports and Boat Show at the Fairgrounds cattle barns. Here, | Mickey nonchalantly rides a miniature tricycle while Mrs. Harry I LeVine, of Florence, N. J., keeps him on the "straight and narrow

F. C. Bair Rites Set Tomorrow

* Arrest 2 Pickets

Capitol f " In Jasper Strike Dajries and Borden's Furnas Ice 1 path. am Co. Walter Kemper of « s | . 1 Charge Attempt rns Furnas division will Retired Inventor Rites Monday John P. Walsman

make the presentation.

Dies Here at 75

Services for Frederick C,

To Halt Cars Rites Saturday

Mayor to Be Present For Mrs. Hogston |

Bair,

The AFL union struck against ©f Wm. H. Block Co., a co-sponsor tendent of Weibach Magneto Co. ters, Mrs. Norma Martin, Indian- Golding, and two nephews, Clifin Zurich ~ Switzerland, before apolis, and Mrs. Thelma DeRoo, ford Collins and Fred Walsman moving to Chicago in 1910. There Grand Rapids, Mich.; two sons, ! he was co-founder of the Swiss James and Donald Hogston, Dal‘Magneto Co. las, Tex.; a sister, Mrs. Mary He was a resident of Indianap- Smith, Indianapolis, and a broth{olis for 18 years, and was co- er, James Morris, Terre Haute.

founder of the Bair ? anufactur- M : rs. Oscar Kaelin

ing. Co. here in 1936. Mr. Bair held many automotive Mrs. Beulah F. Kaelin, 45 E.

shop, paid vacations and ham, ‘manager of Fountain hourly pay boost, The Square Thealer and daddy” of continued ‘to operate, the Roy Rogers Riders Club,

a 10-cent

Bulgarian People Told Of Break With U. §S.

| SOFIA; Bulgaria, Feb. 23 (UP) |—Bulgarians were told for the first time today that the United

A. E. Wrentmore, president of Capt. Thompson said there was American Home Owners, Inc. for a state police detective In plain the past four years, has resigned

—eent cumulative preerence A oe assistant superintendent's. office, Estimated receipts hogs. clothes at Jasper Desk this morn- hig postton—the-organtzation-—am ignition patent — and —in—earter 524-8t-died-yesterday-in-Generat jlatey en i omatic. PR Fie Meanwhile, Stokely-Van Camp, for NYC at Van Wert, O. | 7500; cattle, 900; calves, 400 and ing when about 100 pickets nounced today. He will be sue- Y82'S_Was a member of the Hospital. She was 58, ulgaria Inc. declared 25 cents a share ILLINOIS CENTRAL Railroad sheep, 700, [piocked the drive and prevented ceeded by Henry A. Working, American Society ‘of Automotive. A native of New Albany, Ind, (The Bulkarian government, on common and 25 cents on 5 is purring over its last year's em- Se jone car from. entering. Another first vice president, Engineers, and was Studebaker she had lived here .50 years, She WAS Informed of the break last ’ cent cumulative preference stock. ployee safety record. It climbed Local Issues lcar was forced in, and the de- THURMON DS 5; Joppa ‘entative to the Delco-Remy is survived by her husband, Os- Monday and the announcement i to the top, 2.63 reportable injuries, = [tective called for reinforcements. } RMOND EVES SEN ATE ectric Co. in Anderson. He was car; a sister, Mrs. Nellie Hass- Was made Tuesday in Washing- | New Rail Car for each million man hours. STOCKS yey, fe Break Picket Line FARE -ESTON, 8. C., Feb. 23 an honorary member of the Remy man, and a brother, John Sinex, ton.)

Country Club. Surviving are his wife, Selina;

Gov. J. Strom Thurmond,

8ix uniformed troopers went to i unsuccessful. presidential candi-

all of this city. | One of two government comServices will be held at 3 p. m./muniques published in all morn. i State Dor two sons. Fred. Indianapolis; and Saturday in Flanner & Buchanan ing newspapers said the U. 8. [to enter, Capt. Thompson sald. To gain in Charles, Detroit, Mich., and four. mortuary with burial in Crown | ‘exclusively carries the guilt” for |Rocks were thrown at these cars, JIOnDSton fore U.S Senate. a Br 214 hildren. Hill. |the rupture In relations. + he safd: TTT <> = Mehringer was arrested when

Open Every Friday and Monday Night Until 9 O'Clock

(Store Closes Saturday at 5:30 p.m.)

{who was attempting to enter the

; Elec 12 13 | . | Indiana city each morning re- Claire L. Chennault, today grant- Equitable Securities com |... 33 plant, Capt. Thompson said, and] . turning at night. It has a top ed the Chinese Communist gov-| Family Finance 5% ptd .. 7 100 | Rertzog Was picked up when he : speed of 83 mph, cruising speed ernment possession of $20 million Hertt Sore pid we pie grabbed” another car after sevof 70 and average of 50. in Chinese Nationalist Airlines! Home 11 0 Ta 1 5% pfd Hi eral Mckets shouted “turn it - . “Will it bring back some of equipment. Ce Tel 2 pfd 11% over. Ci 8 ® ; a HE DUSHIESS TAI OAAS HAVE JOR meemrmmr roms emotes EE Vater Coc os y A pA said there was : . - ee ae tas tt ~ - » . a 7.7 only token picketing at the e ; A : to other forms of transporta- Wants Testimony Bared ndpls P&L ‘om 1s, ORY token picketing other) | wm ge - Lp yp ——tion®**—asks—Clair—M,—Roddewig,— {Feb 23 (UP) Indois Fei 5% 163." two plants —and—no trouble 1 &Y ; — C&EI president. - ASHI RTO Ren, gs jdnis- Water to" nw —18%[Ft—was—the second time this — OEBUCK AND CO. mr - — a BB | Sen. am F. Know jAqDls Water <0 3 month state police had inter- - ) 44% 103 ! % Wider Streets Cal.), asked ‘today. that Navy RE) tite com 10 12 [vened in’ the strike. Earlier, ol : a n EAT 0 vlc . 3 - CONSTRUCTION, regidential Secretary F Fake 3 5 Was liens: Kin san & Co com Sh s '|state police and Supt. Arthur M. . . : -and commercial, has been rhoving secret oa Den reall Maron: Ne: An com JENS Se Qi Thurston were brought here on ” > briskly .all through the winter, OUsting of Adm. Louls I ‘ tic Asphalt «a vs orders of Gov. Schricker after conveniently mild. Builders have a8 chief of naval operations be Nat Homes Ing iver ‘100 © 103 (local authorities asked for state this year tabbed as being equal to Made public. N ind Dub Serv om. Jil aid a ad A g >, R. Mallory com ..,.... 2 oN "hos PI'S / a | or better than last year. ff w h | Bro Rp Mallory com veins 2 23] nose roopers were recalled tesidential developments were 0 cia eather | Pub Serv of Ind com 27% 28% after two days during. which in the thinking stage, ready to UNITED STATES WEATHER BUREAU jon Serv of Thd 3apM .... 8, 3 [stones were thrown on the picket go on the drawing boards. Out! __ heb. 2 Anse |Schwitzer-Cummina nid 18° 19 line and tires slashed on several northeast Fred Palmer is. getting! Sanrise 6.28 | Sunxet 5:30 180 Ind G & E pid om, aia autos, ~~ ready to open a new section: for pr 2M N end 7 Wn iy m ry Stok: Ty Van ea AT nb fd ...... 2a i Union and management fpokesGI homes, Others are planning T al precipitation since Jan. 1 124! Lanner & Co-5'2% pid ...... 07 men held daylong negotiations-in cons “ince Jan 12 08 ae re Haute Mulleabie Rly » » to turn“the“sod of meadows, and." EE fram achine Co. il the State House at: Indianapolis cut them with streets. ls shows the “lempera- onion rite ephone 5% fd sa we “Tuesday with Labor CommisDevelopers are finding restric- Low ivisend BONDS [sioner Thomas R, Hutson -as ‘tions are getting tougher. The f. 7 Allen & Steen 53 87 .... [mediator hut the meeting broke 7 rules. now call for streets 60 Riirbank 4 jean Loan 4, ws 4 «+ joff “without a settlement being feet wide of blacktop. This makes Cincinnati 24 [Bastian Moriey bad; ..|Feached. the lots cost more, runs up the fener" 2 ia -

~ Today's Weather Fotocast

i st. Lou's i 1 frm Cons = NS

TanaNTA

FORTY WORTH »

—

PARTLY CLOUDY AND : CLOUDY AREAS

AM FOTOCAST EC 3 AFFECTED canes [00S -Yore SLEET SNOW o SNOW SHOWERS [7 ey ¥ i AND FLURRITS VA RAIN FM RIG USPATOFF, corn 1950 LOW. . A WAGNER ALL mien Ts aestaveo. | .

' "= TODAY AND TOMORROW-—By tomorrow morning terperatures in the Ohie Valley, Great Lakes area and along the East Coast are expected to. dip inte the low 20's" as the late winter cold [| ave sontipues to grip the. nation,

| ! i 3 A 8 CTOTTAWA TT ORTatio. eh. 20 BUT THIS is not “dimming the Indinr polis ieity) 231 {Rane Paght & Color To UP) — The Research ont 3 vision. of a boom housing year, Mam 81 | Indos Public Loan & ; fay Cans ine Minneapolis-St. Pau 5 Limestone 4s 75 84 hinted today (Canada may be conBuilders and developers are mov- New. Orleans 3 hd Asso Tel 38 75 _ ....... I ’ ‘ Qi 47 !Indpls Railways 5s 67 7 [ducting hydrogen bomb expe ing ahead with sleeves up and Jt%, Yuk 31 | Investors Telephone is ments. An official report said ex confidence. Skiahe 22 Sumer Sucking “" . | . | pe p said ex- _ 33 Lapgenskamp ’e eriments ha een made CanIn commercial construction the fan’ Antonio RT LR nu... 01% Rms Chalk River Oma av. San Francisco 43 De r i ‘ ; : - labor market is in good shape. at. Louts 3% bite Rervice las . ceeen 108 jc energv plant with neutrons, a f-living contracts signed Washington, D ¢ A Fraction Terminal 55781

- vital element in the production of

a rec tots. 8 1 ! . . . he in Tins Susie grade, 20 ne ? * 4c. and’ no hE Eoin 10 Ibs and over, 30c:| vs FULLY FLEET-PROYED—SUPER RESULTS nde Ds le #hoi ns, -lde; i v “ . tian 0a [2c and No 3 poultry. 4c Tess —Safest mile-making Ist quality we ever made RA * A GOOD TIRE TO GO BUY!

i | | |]

| Def Cash

Public debt i" ai it : 3 % 370.00 — : Gold reserve 84 31% $4 139. Jie : Gives you full benefit of its super mileage INDIANAPOLIS € R + HOUSE # ALLSTATE BONDED CORD CONSTRUCT ON | Dente a Lt |

atom bombs, *

U. Ss. Statement

WASHINGTON ment expenses ar

plus tax 6:00x16

Feb 21

vd oceipts for ih

[ Ar t I A YEAr aso

i a Yer .. Liberal Trade-In Allowance | 23 25 24.002.102.341

iH 1.821.463,518 ‘balance

% ENGINEERED FOR ITS X-41 COLD RUBBER

—Finest Quality 100%, rayon cord; 4 plies

Local Produce % 18 MONTHS—LIFETIME GUARANTEED

‘Local Truck Grain Prices

trick wheat S104. 1

n. 0 18; soybeans $2.13.

NO. 3 oats 0

2 vellow

“CUT-SKID” TREAD -—SUPER SAFETY Those hairline safety-slits you see on the tread (232 in oll around the tire), plus over 3700-contact angles, grip the road like c¢ giant squeegee when you apply brakes or-start—up to 15% more stop and go power! It's Sears new "100- level”: original equipment quality tire!

25 YEARS OF THE WORLD'S: FINEST Business Engineering

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Sizes for all cars. Tires mounted—no extre charge. ALLSTATE . TIRES—Sears Super Service Station

Saiyan tr WS

“A

_ ALABAMA AT VERMONT ST.

Engineering Bldg. Chicage 6, MN. | ‘Established 1925

FREE PARKING IM. 5381

Sgn

Wednesday, Lawrence

- Shortridge Wednetday, Sacred Heal

‘« Washington

Warren Cen Thursday, 8

CEE

Broad Ripple Friday, 8.8

Decatur Cen

Ben Davis | Friday, 9:4 - Crispus - Atty

Cathedral .. Friday, 11: Deaf School

Manual ... Friday, 1:3 Southport .

~ Gary

Beate

1949 In De

By KU Gary M: - ference were diana high gulfed all the Mann's |] regular seas in a tussle shooting, by when it was boys of Coax swept to the The tourn gear today a. 40 remaining all, 145 cont

Among the ing tofirney Cubs, who Anderson a and unbeats “meets Cann games. Jasper’'s champs oper tomorrow. Two of ls high-riding and AuburnSaturday's s Central's | town foe R their 20th = their 21st c Jensen was ~netting 25 pi

Auburr

Auburn’s Garrett's tou East Chic Gary Froebe district giant Froebel han 56 to 29, witl dropping eigl velt’s Rough royal befor “Washington, Pavichevich for the winn ,.. throw by Bil

pointer by provided the Gary Ma

balance, hit against Eme —no-better tha during the —Mann jumpe “when Emers the field dur It was jus next two sta exactly two moved out after breaki and never | after.

But’ elsew]

Indiana SEC 10 BRO

F 126 A.)

SA 1 St