Indianapolis Times, Indianapolis, Marion County, 4 August 1950 — Page 16

"Squeeze the trigger, captain” . .. Cpl. James W. Demarse (lef), 5705 Shimer " Ave., is acting as coach as Capt. William E. Pond, 3540 N. Gale 5t., fires the M-3 sub-machine gun on the range at Camp McCoy. The two Hoosiers are members of jt 304 384th PL

battalion. Capt. Pond is a patrolman in the traffic division of the

—— ST In.

Truman Wary In His Reports

x Reporters Try to Define | Class Up 25c¢ Phrases, Call Strike a Strike _— inti of approximately $700

Then members of the « 120 F.-A bettiien re reserves on Indiana Bi trainer, miniature pieces at EE air, in firing practice at Wi En 13w okt to right) are Mei. Myers, 5 i2 Canaliion. Ava; LL Frank hws, 2 2444 N, Talbot St.; Maynard Cohen, Kansas City, Mo.; Pfc. uer, Drive, Woodruff PI - Sn a . The Weapon is known as the " grasse gun" in Army and Lb. William Morris, 4325 Winthrop Ave., and standi ing Sans right) are Lt. Les ne St., the snomy in the: raining scene at Camp MeCoy. The men are members of 2]

a gt

Barrow and Gitt Quotations Steady

Some of 250-280 Lb.

er —————————— ws ri—

Business—

i { i

An influx of approximately 8700

patches about them, a lot of the accounts, and then they|—= would miss something important. A habit of these publications is never to call a strike a strike.

In: the book issued this week, a ‘strike is referred to as a “stop-

By JOHN LOVE, Scripps-Howard Staff Writer THE MOST cautiously worded publications I regularly |

read are the economic reports President Truman and his Some 250 to 280 pounders Wels economic advisers put out twice a year, . |nolding strongly along yester‘So cautious are they that if newspaper reporters in climbing as much ss 25 cents ‘Washington didn't take certain liberties in writing the dis: pigher than the general figure.

{yards today brought fully steady sales action in barrow and- gilt ade,

day's price lines, but sgme were

thr h Bulk good and choice 190 to 240 people wouldn't read th oug nd stock ‘sold from $24 to

nd then “the; use ‘really ly high- $24. 25. as words. calls them “af-| About three joads of anders

25 ders firmative reinforcements of our|selected 195 fo poun economic stability and growth,” brought $24. 35 to > = 50.

credited to Leon Keyserling,! weight brackets were $23.50 i$

tr page.” a “tiesup"- or a “contro " versy.,” Thus when ‘Truman says we can't afford stoppages in vital industries, he means no strikes

“might,” they say, have to be pounds; $23 to $23.50 for a few

man warns us against those “of! a character which might lead to another inflationary spiral” What is that character? He doesn't

T the economic advisers, which fol=

well as in price Jolley.

civillan production. To the ex-

vilian enjoyments.”

suming prices don’t rise,

-administration is willing to sac-

h pr is in the past be ° shaped or retarded,” but doesn’ t Datuc are.

lows that of Mr, Truman's, we| “FEE THEY RINT moderation” | : bli acm should be used In wage policy as/(O7ce Tis own StALUELY. lcurate market test. Prices were|Frank Hoke, president of hel |quotably steady. however, and a|chamber here, pointed out that! {few head of club yearlings held artificial and very painful short-| lsteady at about $31 to $32. Cows ages can be made to exist in a| {were barely steady; common and|very short time by the scramble ‘medium, $18.50 to $21.50; odd to store more than normal inhead good, $22; carners and cut-/yentories.

THERE'S Just one thing more, jer finds that supplies of a few| the hint that higher wages won'tithings can't be guaranteed to buy more goods after a while. It/last, but “a wild scramble , . is contained in these sentences: lcould turn a manageable eco“In considering wage policy, it nomic situation into one of utshould be remembered that the most gravity.” only production which is avail-| There's a hint that able for civilian consumption is/ {creases might be justified in cer-

tent that increased production is)

channeled into military purposes, |; it cannot be translated into ci- ‘the.

“on the order of about 2% per, cent a year are about right, as-|

When Truman -and-his-advisers get around to telling what the "POR his return. calves, 250, and sheep, 400,

as using as economic docu-!

Guarantees against losses in

lcould be told of outlays, either pounds, bringing $18.75 to $21. 50. | proposed or authorized, which! A few choice grades reached as| will be suspended. thigh as $22. Other stock brought!

Meantime the ordinary citizen, $17.50 to $20.50 for 450 to 550

justified in continuing to buy ran 4 Tn HVely Tine e SnTl (3 GDI Ri Net

| Twice in the reports the public| {is told to buy normally. The read-|

ters, $15 to $18.50. |

{tive of reducing demand will be/with a few going at $3l. only immediate solution.”| Odd head good sausage bulls!

cases 4 13 RM Co com casas - | Brogress Launary com veaes ‘ 2 66 Pub Serv of Ind com 36% {Pub Serv of Ind 3g

3s ve Heo me T & T 5% ord Batesville Tele Co ay

HOOK Drug Co 2om 161% | Ruhner Fertilizer Sa foreign investments. “ing Asse fel 2 pfd Cn of Com Bldg 4'%s "81 A Columbia Valley administra-| ind Mich Elec (re sia 707 +1 Columbia “Club® 3a 63." tion and the St. Lawrence sea- hdl h EI ora 813 103% | Hamilton Mis Co way. ndpls 3 5 : indpls Paint I Stimulation of private invest- Tndols Water €o’3 <" ba 109% ator, Phe foun %. 8 ” theatie fammen © 107 lade: SENG] ie con 1. indelible When the economic advisers) {Einealn” A Nut” Lhe 7100 ° 104” IN“Ted "Pub Bory Ts 730000104 10 eome to these items they are Eso Herrington com “00 ‘au 134 Publi Service 30h ee 7 " 107 similarly reluctant to name them, Nat Homes. tom or “Ex-aividend i st ‘ 5

PARTLY CLOUDY AND CLOUDY ARIAS

Today’ s Weather Fotocast

a sssumaen CORR 1950 EW. L A. WAGHER. ALL MGHTS RESERVED.

”

FOTOLAST®

Marks 30 Years | Campbell to Shek ; As Bell Worker ‘LOGANSPORT, Aug. 4—=Alex

and paymaster with Indiana Bell i Telephone Co. are positions held by Walter E. Hansen, who com-

present job in 1939. Hels a native, of Indianapolis.

of Telephone Pioneers of America | This jewel doubtless should be| Other hog prices in yatious in 1942. :

is r. 24 for 240 to 270 pounds; $22.50] hewd advise " Ibid for hogs weighing about 300 of ' Uroes H "SOME © f these “projects sounds; $18 16 $20 Tor 120710] 160 pared down or: deferred. It would |165 to 180. improve our tempers, as we con-| Sow trade was steady, with 0 ie uying

there. {template the sacrifices we are to good and choice stock in weights | As for wage demands, Mr. Tru-ip, cqjled upon to make, if we ranging downward from 450

say. By turning to the report of . tly pounders, and $16.25 for weights| Commerce shook a warning finger | it je Hag the cash, 18 Appurentiy} ing upward from 600 pounds. at its members toddy and told In the cattle trading, supply them to avoid rush buying of raw and processed materials.|]

Vealers were active and steady rises stimulate more Scare buy-! price In-| op good and choice pricing at ing, and scare buying stimulates| {$31 to $32, with the top settlingimore price rises. Result? One of! tain directions, Where the supply, $32. Common and medium|two things he says is certain to an’'t be increased, “ihe alterna- mostly priced at $23.50 to $30, happen. ,

Along in that“part of the re-| {Then in their cautious way the went as high as $23, with bulkistep in with allocations, then port the reader gathers that the |advisers urge businessmen to use medium grades holding in the $21 priorities, then rationing, and advisers think wage increases {extreme caution on pricing policy. to $22 range. Cutter and com-| price and wage controls. If the, ‘mon grades sold from $17.50 to government does step in, all the] Harold HW. Hartley, Times [g20 50, {rush will be to no avail and a Business Editor, is on vacation. | Estimated receipts in addition rollback of prices will cause em-| His column will be resumed tg the 8700 hogs were cattle, 325; barrassment to those who bought

rifice, the reports become about! indiana Stocks. and Bonds Ts iE {buying public will know there is| ~e.|no real shortage. The owner of

high - priced

. tere} WORN PT ww : AeA Sr .e ry; vised...business.. men... to conduct. BY turning iy the Tanuary re- [Central Soxh 40% 80 Ind € & . 30%, (themselves and their businesses port we find a list. It included: Com Loan 4% nid..." ar ‘amp ‘Mialin a normal procedure. There Health insurance. (ERR eo tor [iuokely-Van Camp nid : 41% 17% will not be war orders for every-| Production payments for agri- | Gonsolidated Pin riance 5 od “ : Terre, Haute °Malleabls » |one, he said, and the procurement eulture. Deita_Eleo ¢ ay Se 13 United Hoimg oo = sta’ ] agencies will. not be knocking atl wejederatoatd fora kids: of We Te eo preset Pug aig ena” =r @Very-4oor urging conversion. -education; Family Tats tom 100 wd 1 BONDS +—— The - Indianapolis Chamber in! Assistance ' to underdeveloped Haya Corp fd ww [Alen & ston = ro ... a letter to Senator Capehart ex-| countries, = fjamiiton Miz Co com . 2 ee Moy 1a "er {pressed the willingness of busi-|

nessmen to pay higher taxes l ‘}manded by She situation “Korea. . :

government should eliminate a| - {very large amount of its own

Local Truck Grain Prices

Yorodaction will be only a small! 3% part of total production and. ad-!

| poses. The chamber suggested that the first expenditure to get «ithe ax should be public works.

government should be able to finance the $10 billion additional spending for military purposes, with the projected $5 billion tax increase and a reduction in other goyernmental spending:

From clerk to disbursing cashier|cratic candidate for United States supervising a German police raid Jats iso attached two German : senator from Indiana, will be the/on a Communist newspaper was Socialist- Local Produce

pleted 30 years

Mr.Hansen,

who-lives at 5828. Central Ave., received a service emblem in recog-| i

nition of his re-! cord. He started A with the firm

Mr. Hansen 1920, and was

Mr. Hansen became a ‘member y

ay “ ¥

Will Bring Federal

Control, Group Warns | The Indianapolis Chamber of

Mr. Hoke explained that price

Sees U. S. Stepping In ONE--The “government will

t high levels. TWO-—Within a little while the

m erials will be

Urges Heine BSTutniy 1] But, it also pointed out that the}

pending for non-military pur-

The letter explained that the

No. 3 truck’ wheat, $1.66, No. 2 white corn, $32.00. No, 2 yellow corn, $1.41. No. 3 new soybeans, $3.30. # No. 3 oats, Tie. « i

U. S. Statement

A year ago. Thi Year Ex 8 1 Fe.» HE he 1 | Cash Ba. Tn ot Gold Re. .. 36.306,83 ni Hi INDIANAPOLIS CLEA CLEARING HOUSE | Cleatings $8.927, Debits . $33,581,000

MNHCTID Ne JeSwe; ig GS? DLL ~ _fLow

THUNDER: oF WORE GA rn

TONIGHT AND TOMORROW—Scattered” showers “and “Thunderstorms will cover the: plains stator, with fair weather over much of the eastern part of the : ooiniey, Corl air v will continue to maeve in from the north and cover the horfhigast ; : s

ment ex for the } fiscal Year throush Aus i od with

FUR COAT rsp |

WASHINGTON, Aug. 4 (UP)—Govern-

STORAGE MARILYN FUR 0.

FR-2581 8 9 R OHIO 8T.

WAYNE'S MARKET

nt pg

of service in the/Cass County Democratic comindustry today. |mittee, genéral Program 'Chair‘George Brubak r announced. ceived a cut elbow, { “Korea for the Koreans, Ger-|

. RATED .

Camp McCoy,

many for the Germans, = !

_|American Hurt in German Red Riot [fay io i omer FRANKFURT, Germany, Aug.|' Shouting “Slaves of the Ameri-| mp, poster has been Sained

Campbell, of Ft. Wayne, Damo-4 (UP)—An American official cans!” the biue-shirted Commun-|i,. three Allied zones.

re St. sin il a defense against an anderhand knife thrust. The ide hold he is applying could break the arm of Sgt. George F. Wilkin, 1861 N. Harding

The newspaper, the

‘down for 90 days on orders from Jesse Callahan, of Dallas, Tex. (the U, 8. high commission for rea public safety official, was producing a forbidden Red poster| oor a Ibs, and pushed through a window and re- which said: and stags. Je and No. 3 poultry, és Butterfat—-No. L No. 3. 60s.

uo Grade B larks. 336. and Do srade. over, 18¢; Ee I Lahore. 1007 S0CkR

principal speaker at a political {injured by defihnt Red youths last ische Volkstimme, was closed | oEstr—Currens recetpts 35 bos, to rally Aug. 13, sponsored by the|night. Jads A h, Bedi

és less

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