Indianapolis Times, Indianapolis, Marion County, 29 June 1950 — Page 36

Eo Upward

New Peacetime Record Seen; - FRB Index May Exceed 195

u une Production |

the prosperity wheel of fortune.

peacetime records.

By HAROLD H. HARTLEY, Times Business Editor MILD JUNE has become wild Junie in the spinning of

The Federal Reserve Board, the “Mr. Whiskers” of _ finance, says production this month will blow the lid off all

The add-up, which Reserve Board calls its index is ex-|

{f passenger cars and homes {s went, stil a-whooping. And who knows how far it will go,

“their ying heads and looking

debt, buying bigger cars and paying three times as much for 4 home as they used to. : {plated shells.

* the government is tied, lock, stock, and barrel, into this prosperity,

The conservatives are predict-|

tober of 1929." But that can't beginning.

are no ill winds blowing across heivy seller,

in the banks and there is $27 bil-|

level since January 11, 1040. {line

“to pay more for our prosperity y! fun. And if we can't pay it, we'll

Sign a note, That's what a lot of people are doing.

. roast beef, cube steaks, or hot

coming-out party up in motor-

e told me the story as

The big families got to com-|*&

~~ Mary for lunch.

mala

new wing on the house “to re. ceive the guests.” But that was just the Jegins ning They hedged against rain by putting up, on the broad velvet acres of lawn, a tent which would hold a circus. It was supported by two ornate Roman col-

thirsty, and tired. So a dozen|for veterans.

and walls, some kind of cloth, bile. from falling + on their noses.

had a cow, right there, for those

ordinary one. nt ne. bar also] But I don't r who wanted it fres

arms, whispering whatever the|

There was no crashing, The, lee sald.

pected to nudge past 195, boys lined up at one table, and, using 1985-30 as par 100,~ the girls at another. And you oy hit 193. But the production had to be on the list or out you

the money-green meadows now, orange juice whacked from i There is still plenty of money cents straight to two for 49 cents.| All along the line from lima lion In eireylation, beans to strawberries, peas and $21 sel sprouts, the price siippage _THE EFFECT of the boom Is|has hit the deep freezer. landing right where you would! Housewives should watch this expect it to. Prices are edging up. maneuver closely. It's about time The Dun & Bradstreet whole- for the fresh produce to come in, '© sale food price index ross eight and that may jerk the price rug cents last week to the highest from under the whole frozen food

“80 If we like it, we can expect Chip War, Scene i

battle of the year.

: a 14-cen fished the ch Bis of beef out of coupon attached to every pack-|

peting in giving the parties, each Malaria KO? family trying to outdo the rest,| WITH GUNFIRE crackling in! like the women at the church|gorea, there's something timely who take turns having the auxi- in a new drug for malaria, - , It is called Camoquin, which | This one was given. by thelsounds like a combination of | _-parents of Ro girl who was! ajomel and quinine. “coming-o And they didn'tiyn, parke-Davis & Cd. label. spare the horses, or the dollars! pr ® A. Sharp, director of, either, niin clinical investigation, called the HE H SP THERE are "US “Unsurpassed as an ant!

big as hotels, this family) Malaria, so the 80 od ‘doctor started right off by bullding aj 4 por the greatest amount of serious illness and the greatest number of deaths over the entire world. ~ About 13 per cent of the people! have malaria each year. And maybe Camoquin will check it. Hope is running high.

- umns with more chrome than an Push-Button Ride automobile grille, THERES which will be. swell IE Br At such parties the guests get coming out which w swe! The abcrattry occupies 1000! bars are scattered around, here! It will run on well-concealed ‘square feet and Includes a total and there. And if you don’t go batteries. And that isn't new. But, of eight pump stations. : to thé bars, they have them on there's no steering. The old juice-| The Peerless test laboratory was Som Om aan ik pd

{Aren't they more important?

And one of the biggest name TRAFFIC VICTIM DIES society bands in the country gave! PERU. June 29 (UP). the young and eaget an excuse to I, Gribble, 75. Peru. shuffle over the floor, girl in boy’ 8 hospital yesterday of injuries suf- prove {fered when he was hit by an design. young and fair whisper on a!dutomobile. The car was driven warm night in June, {by Charles E. Gill,

INDIANAPOLIS

Co.

Crutches, invalid Walkers

and Posture Beds Can Be Rented ad

HAAG’S

102 Nerth Capitol Ave.

I _ You Save Because We Save 1] MEN'S SUITS & OVERCOATS

$22.95 ..

ROBERT HALL Clothes

Cor. Senate Ave, .« Jovriang st. Open »

———

Accurate — Dependable

Quick Service—Moderate Prices

% Wolf Sussman, Inc.| 239 w. Washington St.

| sees LARGEST SELECTION cms

OLDS ae of Linoleum ir Indiana

BAND INSTRUMENTS |] ico cone re wun ie we ws

INDIANA MUSIC CO. | * HOOSIER. * 1 OHIO rnuu || PAINT & LINOLEUM CO.

tHE. Washington

~ Walch ‘Repairing 3-ROOMS ) 8388

Trae wing

Few Loads Range To $22.50; Sows + 50¢-75¢ Higher

Hog prices climbed 50 to 75 dent; E. E. Mecents higher and in instances $1 Mullen, Citizens

{ higher

| Stockyards: In active trade sales of good

Bow prices soared 50 cents Most good and choice] 330 to B50-pounders sold at $15; { The guest list was a whopper, to $18. A few 270 to 330-pound BUT THEY MAY have forgot- 1500, about the size of the Whole} weights moved at $18.25 to $18.50. ten something, two things in fact. town of Plainfield. One is that there are 20 million And it's my guess that some-| mare people in the country than thing else was a whopper. in the last boom, The other is that| That was the

‘Frozen Food Drop

no gold- higher.

Cattle Prices Steady

i Cattle prices remained fully | steady in fairly active trade, Two loads of medium to mostly good 775-pound heifers sold at $29. A Frozen food prices broke to- joad of medium to good light. ing a “November wilder than Oct-/day. And that may be Just the weight steers reached $29, also. : “Several small lots of medium and be much more than a guess. There, Kroger's broke the fee with & good yearling steers and a few)

frozen peifers sold at $28 to $30.

on common diary types.

$21.

reached $22.

15 up.

Bulls Strong to Higher

OD officers are W. J. Topmiller Jr. Mallory & Co, first vice presi.

i 14 Sa & Coke Utll- & Indianapolis ity, second: vice

25. A few gy $2240 to SI B. Conner

Grant,

EF ‘Andrews, Pitman-Moore ,. is the new president of the ing ts Association of 4 napolis. was installed at’ et.

Willia cholee 170-240 Pounders as Electric co.

and Dt $21.75 jlaaas- ranged f

Co., national director, and O, H. any two naIndiana Bell Telephone tions.” Co., alternate director. Mr. Austin,

| {country’s United LISS g ect Nations delegation, was empha-

Term Assistance Resolution Invalid

invading North -Korean! j Communist forces,

P.R

LAKE SUC

Peer-

sizing the broad, {global basis of

Request for Help ©. ame

| County 5 "stand

By HENRY SHAPIRO [flict between the U. 8, and Mos-| United Press Siall Correspondent

MOSCOW, June 29-—Russia re. 1 fected today a United Nations re-| Common and medium grassers iquest that it help Bouth Korea were scarce, but quoted steady at| repel to $27.50. Some cow prices showed a 25! to B0-cent higher tremsl, especially that the Security Council resolu-| Bulk tion calling upon United Nations plement the Security Council's] common and medium sold at $18 members for such assistance was |resolution by offering arrfed aid] Odd head good grade Invalid because Russia and thet, the Republic of Korea. Canners and cut- (Communist) Chinese People's ters sold at $14.50 to 18, ‘mostly ¥iepubigic did not attend the wi $1 ‘ing at which it was adopted.

Bulls sold strong to 50 cents Nations Secretary-General Trygve cogs”

THE POTATO CHIP makers higher at $21 to $23.50 for me- Lie. i i tn jare crawling back into the dium and good sausage bulls. was released by the Soviet News $ __ say “Chart it’ or [trenches Tor the second holiday (ood beef bulls reached $22.50. Agency Tass. Cutter and common sausage bulls ~The two bjg makers which are moved at §18 to $21. banging away with pared=down— Yealers IT'S GOOD TO KNOW when priced are Gordon and Red Top. COMTIOn Aba madam Brow ght $21 } we have a few friends In for Ton as Ale mo rial bow Red to $27. Culls sold down to $15. the United States, Britain, France, | 49 cents, while Gordon still held Bidding dropped 50 cents to §1 dogs in-the hack yard, and MAY |at 35-cents for a half pound. i0_rather inactive ade. To ind Ino AF an it.| But that won't happen again. Good and choice sold at $27, while how T nod Tuveh Hii Gordon's geared for heavy gun-| jothers remained unsold, Sellers ‘a young fellow who'd been to a ning over the Fourth of July. Wd ule Guiden wi come out moneyed Detroit. It wasn't just a full pound for 35 cents. It "one party, it was the last of a will be a coupon deal with the

jasking $28. Slaught Most wer to $10. Breeding ewes were un—Heattered

& yearlings sold at {brought largely $15 to $18.

{and sheep, 200.

Peerless Division = Starts Pump Tests

New Laboratory ‘Has Eight Stations A quarter-million dollars pump-testing equipment was put inte service at Peerless Pump Division of the Food Machinery & Chemical Corp. 2005 North- * {western Ave, today.’ The advanced test-laboratory techniques, the company reported, are to insure peak product quali and to guarantee matching or excustomer requirement of:

wheels. They comé to you. \propelled chairs had a steering designed for a capacity of over a

The tent had a silvered ceiling handle like an electric automo- half-million gallons of water, be-|

{Heved to be the largest in the | pelia Bice and a hardwood floor, The ropes, This new one will be electron- lcountry. which held it to the stakes were ically operated. The patient just

t pushes the little button forward to keep stumblers. ana. strays" back, and that's the way he testing of several units at the

{goes, with variations for turning./same time, a test pit 30 feet wide yor . { It's a kind of a take-off on/and 192 feet FOR THE UNDER - A G E R § those push-button windows they're deep was built.

there was a dairy bar, not an| 5S putting on automobiles.

To get ample water for the H

didn’t do it on wheel chairs first. feet in diameter and 40 feet deep fadola ito teat verticle pumps.

The

{T. Klein, both of Kokomo, fuit to obtain money which they {Allen ® Stee said the company owed on the lease of a Kokgmo building. an A Hawdrd—eircuit court ruling ch first found in favor of the com- | Sohn bis Club 2-58 th Thalman and Eaultable Securities 8 30 sv aae Mrs. Klein asked a new trial on (ndola Fast % Color 5 84... the "basis of new evidence. an " new trial was granted but Mont | gomery Ward objected and filed | the appeal. 8 Appellate {| Bowen, Bloomington, said hero! 8 was sufficient cause for a new! itrial.

pany.

es a erat vel] killed last midnight when his au- : . i ee a ET at ow" = Gruin Dealen | Hope, "State axe Local Truck Grain Prices | car hit the train 10 cars back of

t | Hope

-sold steady at $27.50 ito $2850 for good and choice.

h

The| in Ly

5 BIG STORES 37 8. ILLINOIS ST.

346 W WASHINGTON ST

| Suaranioed WATCH {REPAIRING

r weRNOTON + +5 RITE'S JEWELRY SHOP -

1063 VIRGINIA AVE. 43 8. ILLINOIS ST.

MA, 5554 [puo.r

r

LOANS

DOWN PA PAYMENT. |§ © WE BUY DIAMONDS © SUSAN. INC.

the locomotive.

Poison Defense Rests | SHELBYVILLE, June'29 {~The defense rested today in the ‘rat poison’ murder trial of Clarence E. White, 38, a truck driver charged with killing his wife.

u. U.S. Statement

WASHINGTON. June 29 \ —Govern and receipts for Jn. current yeas hg June mpared

; | ent expenses fiscal with a

Ed 38

The text of the Soviet note

Mustin Asserts

Between U. S., Soviet, Ambassador Says

By CHARLES LUCEY Reripps-H or Jar

j Ambassador ri nn a { president; Seeley today called the attack on the Mr. Andrews |». ean republic “an attack upon , secretary, and the United Nations itself” and I1I, Gaseteria, said it was recognized generally treasurer. in the United | Don M. Johnson, American Pa-'Nations that ni from 240 to 270 pounds per Stock Co. is local director; :1 “this is not a THOSE PARTIES start at 10 moved at $21.25 to $22. Prices BE. Wayne Allen, Diamond Chain conflict between or 11 p. m. and go right through from $19.76 to $21.25 were paid! The conservatives are shakingly, pirat on’ scotch, bourbon| for 270 to 325-pounders, Slaughround. They peop {and champagne. Then come the ter pigs sold at $16.50 to $18.50. a Bee ls going in eggs, just ordinary eggs, and that might sirprise you,

PARTLY CLOUDY AND CLOUDY ARtAS

LEGEN bend SHOWERS pevery OMTILE \ A THUNDER - STORMS TM RCUSPALOFF. COPR 1950 TOW. L.A WAGNER ALL BENTS RESERVED. —

{against Communist aggression; , | from North Korea and making it!

TONIGHT AND TOMORROW-—Cooler air will cover the upper plains and Great Lakes. i is part of the circulation pattern around the huge high pressure cell centered in Kansas, Precipitas

elear—without naming Russia—/ tion will be widely scattered. Thunderstorms will occur in the southeast and in the lower Rockies. that this action is no narrow con-!——

‘Americans Think Korea Big Gamble, but Worth It

Believe Now Good Time to Test Strength Of United Nations in Preserving Peace

“The defenders of Korea,” Am-| bassador Austin said, “are defenders of the United Nations itself. World opinion ‘against ag-| gression has been mobilized draThe Soviet government held! imatically and effectively.

ready nations are moving to im-

+ UN _Suceess Parallel —— “The success of the forces Aight. ing the North Korean invaders! Russia sent its reply to United would be a United Nations suc-

“termination to help the UN enforce the peace. The people's support| {of His decision to back up the UN by sending planes and ships resist the invasion of South Korea showed up in a coast-to-coast survey by the Secripps-Howard

There have been groups in some {countries —— unwilling to take a {stand on either side—which have! The note contended that to be attempted to dismiss the world. valid, the resolution should have situation as simply a conflict be

A Bousewife in Terinessee an

attorney in Texas voiced the fvlews and Ye of millions. Alr Force. The recruiting office Hote! Sues Rob Hope

decided to stay open two hours; B ald Mrs. Charles Whiteside of longer each fod P r Libel, Slander. Sen B® glee

ripps-Howard Ne

a men who wanted to know how to, | Wednesday.

| Suspended Practice CANDIA, N, H,, June 28 (UP) ~—Dr, Hermann N. Sandér resumed his medical practice with. in minutes after being reinstated lyesterday by the State Board of It’s a big gamble, Br it's worth it. "We mi might just as well find Medical Registration which oust-

jout right now whether a United Nations order can be made to stick. | « ’ That sums up America's opinion of President Truman's “de. |a00uIttal of the ‘mercy Rilling”

a woman cancer patient, — " Dr. Sander said he treated a {patient who had heard the news jover the radio. He said he plans {ber” of telephone inquiries from/to resume practice “fully” next

led him 10 -weeks ago after his

‘go—-about-rejoining the Army or

been approved by all five per- tween communism and U. 8 “im-

manent members of the Couneil-— perialism.”

‘Russia and China, Russia Absent

f 1 | [charged that South Korea invaded North Korea after long and organization had mustered a com- | {careful Dianning under American

Russia did not Attend the meet. (Dé 1st few days for stopping Ing and China was represented hy Communist aggression. he Nationalist delegate, Tsiang

problem,

auspice “It vy remarkable that the in-| .° Marks Peace Chapter Yasien of North Korea occurred less than a week after the Wall Fo end Emissar yi

—AggTess. adviser to the State Department) of Korea marks a chapter in the in| Visited Beoul and told the Nation- history of the organized effort to

‘al Assembly that ‘the eyes of the restore international peace,” lentire free world are on you,'"” a ambassador said.

{Tass dispatch from New York!

fe AArcie neater com,

1 long and 12 ‘feet! tnd wala Bo ; nd Mich And at one end of the rectangu- Jobs’ &

P know why they!lar pit there is a round pit 10 indpis wh

incel N Rat pte

| America

n L Bastiar Morley le J

E-aividend i i 88 BONDS i fnneapolis.Bt. Paul . 10 by s+ |New Yorons ies 1 y aw OK ..coisaeins .e ona tar 60 maha 111 8 gy +1 an Antonis ...... 3

co *American States pid .. +-Collieries Sop : h yr 45% of be 8 d

Drus Co som oe fei 2 ofd

ofd in Sop Dy Nationa) Lite coin oe im- Kagan vs

Dortant in the pursuit of perfec-|

of Com Bide 4'4s Bens 1nd I's 4's

u 0 .e blie Service 3%s raction Terminal 8s 87 ...

said, {curity Council has undertaken I {enforcement action to end al 1 oca cei breach of the peace. Issues .| This pointed up a fact that be-| ~June 20 came clear once the United States Ya es com... Bh. Asked ad given leadership within the

oid. 45%

| ree i Ege "phi {vulnerable to a swift Communist a {move, and the fact that there is titan) Ind Tele § ofd . *|tn be stern resistance to such ac-| 8 mt n com id tion was especially heartening to Hom Porn Hig oo Td. leaders of thosé areas here at RE W fe. a Success. & T 5% pid.

#% LIGHTNING LIKE WATER

19%] | sistance.

By upholding United

{of that view—and they cite the] (world-wide support in the UN in| Worth:

: In Houston, Tex., three al w K, 9 ( — | Nations rules against aggressive org ang a friend, all war veterans, | x YORE, Jute 3 (UP)

But U. 8. officials want no parf, War, we can preserve the peace.” joined the Air Force “to get in on The Foss Hotel has flled Said Heard L. Floore of Ft. the first part of the fight” forces as such Ft. Worth reported a 10 per jagainst comedian Bob Hope and

$100,006 libel and slander suit

Believe It’s Bluff -! San Francisco was matter of ome of the people vou meet fact. Of 30 persons asked what Som the p ple. y {they thought of the. Px at's, VAS filed yesterday in in state oe ? | bluffing. They Ruess Stalin wiil decision, half were not aware of : He said he and other members ghandon his puppet state in North what was going on. of the U, 8. delegation had talked | Korea now that the United Na-| Searcity Rumors [sumer goods, with at least a score of United tions has called his bluff, if it is! Rumors of scarcities, controls mobiles. land rationing popped up in most! Personnel Alerted “I don’t.think it will come to Cities. Reaction varied. Birming-| said Wade Ingram of Knox- ham, Ala. reported “business as were struggling for berths on an inspector for the Ten. usual” on such items as white ships bound for the Far East— «1 shirts, tires, coffee and sugar. So expecting war bonuses to 8° into think Russia will back down” did San Francisco, Pittsburgh, leffect this week. Others fear another world war. Memphis and Albuquerque. | Pittsburgh speeded up its civilBut most seem willing to follow But Houston dealers reported ian defense activities by recruitthat you can't buy a Chevrolet or ing key. personnel. World War IT | truek tire there. A shortage of volunteers were being informally Charles E. Lo- auto tires was expected there next alerted. Florist Ben Decker of Lookout neinnati and Indianapolis. El Heights, Ky., was worried. He has “I think it is the finest Paso’s two largest dealers said geraniums growing in World War rch of all and I think there they were swamped by orders for II air warden helmets. will be a war soon.” {new cars, Customers in Ft. Worth | - “Let's hope we can keep growCincinnati's Army recruiting of- asked for tires. In Memphis, deal- ing flowers in helmets,” he said fice reported a * ‘tremendous num- ‘ers said there were no shortages wistfully.

'munist world to co-operative arms aid for South Korea, went far be-|-government is the only valid gov. YONd the seven members of the on the street | Others ®rnment of China. Security Council. | “It is quite plain that the said Noon estimates of receipts were: decision of the Security Council _ |hoge, 4350; cattle, 625; calves, 425,-0n the Korean problem has no

legal force,” the Soviet note said. Nations delegations and that al-|gne,

{most without exception, the over-| The Soviet press, meantime, seas leaders at Lake Success had] been elated that the world peace ville,

e f Farmer bined strength to meet a world Resse Board: o :

“The adoption on June 27 by the Security Council of the reso-

lution concerning the complaint

john Foster Dulles (Republican! ion upon the republic gan, 18, enlisted in the Marines. Week. Auto sales were spurting in

Across "his application he scrib-

through if called on. Recruiting Inquiries:

“This is the first time the Se-

{United Nations to a firm policy. of resisting Communist aggres|sion—here was an action that jnistilled new "hope and spirit {leaders of many delegations here. | There are many areas around —Ithe world which have been seer

3 | Lightning has no objective point on {when it starts toward the earth, 104% puf follows the path of least re-

th ‘Official Weather

10 ood 13 7 rij i UNITED STATES X WEATHER BUREAU

in pump building, is expected Maino: Heerin ws 438 astic Aspha 49, iy . died in a Is ehable Peerless Division to im-! Nt Homes in Bysshokssennts i . a | Sunrise ..... B:20 | Sunset . 8:17 its OM posses 4 31 Precipitation un hrs. ending T: 1:30 8 m “in pump N an Fu se on pid ceeve 1938 a] i Total precipita ation since Jan, | IN In b 22 | Exe Xcess, since 1 1 een FER 2 E a . aaa ls The fo lowing tole shows the tempersregress Laun m 20 ure in other ¢ Montgomery Ward Faces bic Bery of Tad com 11, Station High Low -~ bile ery_of Ind 3% 13 adaia” AeA ERRE RAE . ‘New Suit on Lease aer-cammi fs tds , [Burbank 08 i n Eco . The Indiana appellate court has! 8 nd 0 &'% ora : hah Se - 8 {approved a new trial in a $3700 Siokeiv-va van Gump pid "Ill ii . ‘8 a a | Evansville sre : | suit against Montgomery Ward &| re. | auth “Malieable vesanas y % "We pr. Ware Farias FS | Action was taken’ yesterday. ! "a ag Cia 5 ote d Pt. x city) .- ara " Sigmond Thalman and C arolyn| Unjgn Tit phone. § ses {In iazang] § (City) . -

N40 AANA 88 80 | Sanaa

§ an De aiaco cena

Local Produce

| Le) 1

| i | ! 1 I b | EET ad lh i |

1 [ele h

uy spe "Oe

by pow, 4% ™s. ana over. wl bs oock:

and horns, 15¢:

1740 North Meridian Si.

Ee 3 truck “wheat, 187

o. 3 White corn, 81.78. WAbash 2456

. 2 Yellow corn, $1.35. | No. 3 Oats, Ble. | _No. “3 Soybeans, $2.71.

ADVERTISING MANAGER

so: | Washington, B.C ............ 81 65

the

AGENT

Mutual Agency, Inc.

— WANTED —

An advertising agency seeking to éxpand its personnel

will offer to an advertising manager a greater opportuni in advertising. The person selected must have a goo educational background and advertising experience. Write complete details igths fo. whi education and experience

“in advertising and’ sales; present income The pe * "i rR agfls in strictest

> . > EE t ' : ¥

Next Sunday . . . in

have no business in there, but to cent increase in recruiting. Draft), {the Paramount Theater, charging enforce a mandate of the United headquarters in Pittsburgh were| Mr. Austin pointed out that this Nations, it's a good thing to be besieged with calls as to “what! ewer TetsRin 4 Ting -fu, “who has no lawful right, support, committing the non-Com-| there.” quoted steady at $6 to represent China,” the note said. Russia contends that the Peking:

and when.”

{that Mr, Hope made derogatory remarks about the Forrest's accommodations from the stage of the theater last March. The suit

When PARADE'S Sid Ross invited Pierre, the cane asta playing chimpanzee, to a game of roulette at one

of Las Vegas' gambling-casinos, the results were dise asterous . . . for Sid.

You can profit by his experience~—bdcause a sad but wiser Sid answers the question: "Can a Chimp Play

Roulette?"

THE PICTURE MAGAZINE INCLUDED WITH

et he Sunday Times

{or prospective shortages in conincluding auto-

Merchant seaman in Houston

re tation St., ark. Frien BCHEEFERS 16th ‘St. william Ma Bcheefers, k Bcheefers, 4

awa neral Pri LACKWE!

nd.; Clear oscoe Willi

egal Noti ~~ NOTICE 0 PROC Notice is hes