Indianapolis Times, Indianapolis, Marion County, 19 September 1950 — Page 14

: PAGE 14 Today in Business— . Can the Bosses, ' Ruml Preaches

: Economist Wants to Run in Sub Team on Business Game

By HAROLD H. HARTLEY, Times Business Editor - BEARDSLEY RUML stuck his neck out today. He wants to can the board of directors. . ] " He spilled this little gem at a Taxation Forum of the| ~ Amarican Bar Association, and it was just a short putt this side of economic treason. : Instead of the people who put their sweat and bucks inte a: business having the. me 10x. s+... right to run it, the economist GE Higher and author would pitch them emir bmn an out and run in a substitute team.| "Ang refrigerat

On this team there would beers ranges, water heaters and four paid trustee-directors Tep- automatic dishwashers are no ex-

{

i {

|

BUT I DO KNOW that when Mr. Ruml uncorks such wisdom and lets it fizz, the hard-money,

boys get out the salt shaker. job now probably isn't trying.

Plenty of Jobs

Subcommittees of running the big show, about the gion reports that employment in only way they'll get on.the board po P oym

Is the way the other boys did. the peak of 287,200. Buy stock. Pyrat ® \

It's in durable goods mostly, |

And as for canning the board|metals, wood, cloth, the things we of directors, that's something can't eat. )

only the boards themselves can

9. taries and steno; he And they won't. Period. | nographers,

Can You Collect? WHEN SOME COMPANIES sell you “hospital insurance,” they Buy Now, Save mean just that, THIS SOUNDS LIKE the an-| And they do not guarantee that Pui ged. But sts more thang x : save you money. YO AV De abis 40 Bet nts a The gift Pavy . ear lies)?

|straight down the road, about! One policy holder found the 8 D A we

three pages deep on the talendar. hospitals full, and had to take | While nobody likes t d hi§ wife to a nursing home. po ® on Tone]

until they have to, laying in a!

not a hospital.

That's one of the problems to!® ole,

It's a pretty good guess that |

ers of 15 states in the Midwest meet here as the guests of Indiana Commissioner Frank Viehmann next week. Hospital insurance has grown faster than hospitals. And that, say some of the companies, is not their problem.

Kaiser's Tipoff HENRY KAISER let the cat out of the bag today, a cat everybody knew was there. He raised car prices from $10 to $120. : You can expect similar increases from the others. I'm told they want to hold off until the new models come out and some find it hard to wait. The reason is plain. Wages went up. And wages are prices. So there's no doubt that you'll pay more for your 1951 models. Key to price levels is big, rich General Motors. When GM decides to go, the others will scamper along in a hurry.

Dumping Bonds

the lid. And if 1 know Washington, that will come after Christmas gifts are bought and mailed.

Bedding’s Boom

SINCE the melting of last winter’s snows, people have been buying bedding, whole suites, mattresses, springs and bed clothing. It's a tie-in with the housing boom. And what it's done finally is to raise prices. : Simmons has boosted the price of its Beautyrest from $64.50 to $60.50. So have some of the

once for fear of a frown from the | Department of Justice.

hit the ceiling—the government ceiling, that is.

Eye-and-Buy Appeal IT USED TO BE that a store

display cases inside. enough.

{gale was others. They don’t all go up at jcan Legion.

sons,

Hog Prices Of 29 Ots.; Trade

Fairly Active

Early Sales o Choice Grades Top of $21.85

Hog prices declined 25 cents in moderately active trade today at {the Indianapolis. Stockyards. | | Early sales of good and choice |grades, 190 to 260 pounds, brought! ° $21.50 to $21.75. Early top $21.85. : | |" Hogs 10,525, 160 to 190 Ibs., | PRICE resistance always devel-{$21 to $2150: 120 to 160 $15.50 to $18.50; s, home freez- good and choice 300 to 550 Ibs. {$19 to $21; choice lightweights |$21.25; extreme heavies down to

|good yearling steers $30 to $30.50; {medium fed steers $28; little done ANTONE WHO CAN'T GET a on heifers, asking $28.50 to $30 {for medium and good 800 to 900 That makes it easier to swallow.” gam Springer, administrator for|IP heifers; common and medium| po ployees| ie Indianapolis office of the Batts, grass Yeaslings and hoje and customers—yes. But as for| _jers 0 ; cows fully steady; State Employment Security Divi-| 4% cet kind $22 to $22.50; conr.| -

[mon and medi 3 th I h | medium $19 to $22; e Indianapolis area has reached and cutters $16 to $19

Bulls Steady

Bulls generally steady; medium jand good beef and sausage bulls, But there's a shortage of secre- $23 to $25. Vealers fairly active, ng too. Steady; good and choice,” $32 to They're asking for, and getting|$35; common and medium, $25, $50 to $60 a week, with some, t© $31. Heavy slaughter calves| hitting the choice spots at $75.5l0W

28; common, laughter ewes

$20 to steady to

thigher; advance largely on choice lightweights; choice, $8 to $13.

bulk medium

~The company refused to pay, (gift now and then will beat steadsaying the nursing home was |i, rising prices, give you better p eran }

. : get a conference workout when prices will continue to edge = Dies at His Home e State Insurance Commission- until the government clamps on Herman Nightengale

Rites in Francisville

Herman Nightengale, veteran of World War I, died yesterday at his home, 728 N. East t.

Mr. Nightengale, who was

was employed as a mechanic at Essig Motors. there for three years. He was a native of ISllinois and lived in Indianapolis for six years. He was in the 23d Engineers during World War 1. Mr. Nightena member of the Amer-

He had wor

Services and burial will be

|Francesville. Friends may call at But they are on their way up. Flanner & Buchanan mortuary And they'll continue until they today.

Surviving are his wife; f

rs. Sa

Good, Bring

sows steady,

; some early bids weak to {unevenly lower. Sheep 1250; spring lambs about

Richard C., Francesville; Philip D., Los Angeles, Thomas E., Lafayette, and David, Winamac; two da ers, had a door, show windows and/Bleicher, and Miss Caroline NightThat was /engale, both of Winamac; three brothers, and two sisters.

_THE INDIANAPOLIS TIMES

Today's Weather Foto

| was

PARTLY CLOUDY AND

1bs., CLOUDY AREAS

ug So rd

; FOTOCAST LIGEND

cast

resenting employees, manage-| ception. ($18.50. Y YA &D salliate rE AREA ment, customers and stockholders. General Electric kicked up the| Cattle 2375, calves 400; steers. Y, SHH oH . Tu AR He's a former chairman of the prices on these items from six and heifers less active; but about l) OY ik Som? OMETLL slow big R. H. Macy & Co. and au- to 13 per cent today. |steady; two loads high good 1075-! C Tk THUNDER RAIN thor of the “Pay-as-You-Go”| But GE won't be alone. The lb, steers $31; mostly choice held . 4 . STORMS ida plan, ‘rest will go along. Count on that. at $32; high medfum to mostly y st WGULPALOFF, COPE 19SOEOW. 1. A. WAGNER ALL MIGNTS RESERVED.

“| northerly winds tonight and temperatures in those areas will dro | morning. Scattered thunderstorms and rain showers are predicte influencing weather in the lower Lakes and southern New England.

TONIGHT AND- TOMORROW—Northern New England and the upper Lakes will have cool, to the low 40's by tomorrow

along the air fronts which are

_— TUESDAY, SEPT: 19, 1950 Let the People Guess— Ee

4 Planes Vainly Chase "Wash Tub' in the Sky

CAA Workers in Missouri Plot 4 Course of ‘Mysterious Object’ POPLAR BLUFF, Mo., Sept. 19 (UP)—Four planes chased after a strange spherical object which hundreds of persons saw foaring across the sky. But the pilots said today that they couldn't get

near it. : oo ; Police, airport ard radio station personnel said “just about everyone in Poplar Bluff” saw the object for five or six hours - yesterday afternoon. ". Civil Aeronautics Authority workers at Malden, 28 miles « southeast of here, plotted its squtheasterly course from 4 pom until dark. * ' But descriptions of the object and guesses as to its identity were almost a dime a dozen. ; : National Guard authorities at Memphis, Tenn., who sent two F-51 fighters up to check reports that a “translucent wash tub” was at large in the airlanes, were close-mouthed.

o ! = ” ” WHEN "AIRPORT Manager James Newsom of Poplar Bluff called them to ask them what the object was, they, replied cryptically: ‘ “That is for the people to guess at.” . Then they hung up. A National Guard sergeant at Memphis finally confirmed that the F-51s climbed to 30,000 feet but could not make contact with the object. He did not say whether the pilots actually saw the object. : ’ 4 A CAA official at Malden, who maintained two-way radio contact with the F-51s, said the pilot of the first plane up reported from an altitude of 31,000 feet: : “It’s still way above me, apparently motionless. getting any nearer. Fuel supply almost exhausted.”

I'm not

*~ Municipal League nize! "= a1.

Convention Expected To Attract 700

{nounced today

nue for cities. lofficers. the oldest in the U. 8.—will seek! ways of reducing city civil taxes and still maintain necessary serv-/ ices to the public. Schricker to Speak [to be called off. The sessions will open in the, Claypool at 10 a. m. with Gov. his niece objected. Schricker making the opening ad-| ® = dress. Vernon C. Anderson,| . imayor of Hammond, and presi. Homecoming dent of the league will preside, and Mayor Feeney also will speak. Citizen who quit The main session, tomorrow af- Haiti to protest ternoon, will discuss ways of sup-| American interplementing city incomes with the vention in Korea, cities’ cuts of state taxes. (arrived in Miami, The meeting will then hear the Fla. yesterday. report of John V. Barnett, re- The 28-year-old $F search director of the Indiana|ex-Air Force’ pi- | State Chamber of Commerce, who 10t, w ho de-# will speak on “Recommendations nounced his citiof the Indiana Tax Study Com- z2enship two mission for the Relief of Cities Years ago to draand Towns.” jmatize a oneThe convention will then break man crusade for up into panel discussions on traf- Peace, said he fic safety and control and the Was back in the new reassessment law. \U- 8. to stay. en ———————————— 8

[Frankfort Man Begins Withdrawal

ne: Serving 2 Sentences

A 36-year-old man, who gave his last adress as Frankfort, to-

Francis P. Matthews,

54, ked

in

Garry Davis

rah

one for 10 to 25 years in Indiana a note reading: State Prison on charges of rob-

Not any more. The research-

while armed.

jenter a store, what makes them

Bovis. buy. So they've changed store]

The impulse is to buy now the

A merican States com

HE AIPLIC HAS been ture. ers have been Yaiching hi Local Issues . s them turning the cash into durable tomers. noting what make —Sept. 19

merican States pfd

|chandise with 80 far this month runs as high as

th to one. Rea W, boosting down payments, may slow this. But it

. It's more than showmanship.

ner in Mexico City.

in La Jolla, Cal.

Plane Timebomb iE Plotter Gets 1-20 Years =r [] EN | SANTA MONICA, Cal, Sept. ha Nd

{19 (UP)—John H. Grant, 32-year-|

old aircraft engineer, has .been sentenced to one to 20 years for| {trying to murder his wife and two children by timebombing an air ! liner. L ! Grant was convicted last month Ww of six counts of attempted | K R 0 M S 1 3 # | 1 ) u murder. Superior Judge Orlando TILT {Rhodes yesterday sentenced him ‘ v : |to one to 20 years, on each count, YAN LTE ICE LIER Al but ordered the sentences to run, ‘ concurrently.

worse. The sal i : 0 far this month runs as nin o|displays and showcases, theatrical Bien leit 2 am n om ‘ve lighting effects. pamily Finance 5% ofd |. It's a kind of visual efficiency|eri-jones cy A pid

L P . : | Marion. Herrington com

i achine Co | United Telephone 5% nfd .... Un Title

Debits

ign. | AYE ire Colleries com . things they may not be able to “¢587 ’ . Bog Sater y. my © 0 That's why they use more dis-il% Ayres $p® Pld, 19) In Jul play, running show windows al- ¢Belt RR & Stk Yrds com 4 ft July and August the public jot (4 the sidewalks, indenting ponne Merril nia 4% ill 1% cashed in $761,405,000 worth of soors to add vestibule window Central Soya SE a Savings bonds and bought only! rh ’ |Slrcle Theater com -.. é Fon) 911.000 during the same Pel "Inside %isptays are arranged so “Cimmins Brg pia Th " . er- Consolidated Finance 5 pfd B In Indianapolis the figures were ihe customel staggered Boor Sojin-car-Na Var ..... Te ga

m .. pid ...

1

TD, ww

eT & T 5% pid

1-| Hom also may not. The public sti “hich steps up the currency cal- Jatt Tn08 FA Od holds $34 billion in U. 8. bond ,jorles of the cash register. | fod sue at dom : a cal, ‘Senate. OK’s O'Dwyer nd Telephone 37% bid S— : co! hl) i. . {*Indpls P & L 4% pid ‘2 The New Method of |For Mexican Post | Indpla" Water Co com, 01 IT | WASHINGTON, Sept. 19 (UP) |*Indpls Water 474% ptd .. (10 Roach Control |_Mr, and Mrs. William O'Dwyer | Kiger, Nationa! Ludo com 111 lof New York today were assured Kinein & go pia sensersenas "of of having their Thanksgiving ain- | Core Life ... A271

| The Senate cleared the way for | Natifomes tom |... 111 af ithe former mayqr to take over as Nat Homes oid bi ceovene 100. 1 |U. 8. Ambassador to Mexico yes- IN Ind Pub Serv 4iy pd... 10012 |terday by approving his nomina- | 12d Pup Sery 42% pfd --.. 2034 | - | Pro Laundry ) 20" (tion, 44 to 22, over bitter Repub {Erosress Laundry cum x) {lican protests. {Rub Serv of Ind 31a .......... 8, i 8S Gear Tool com ......0 0537 The State Department said Mr. Schwitzer-Cummins bid aan 1 “0 0 In com ... 9° O'Dwyer probably will come here So Ind SEIcm-- RA next month for some SE Yo Camp: a 4, |trated briefing. He and his ex-| Fanner & Co BA% td 3 {model bride now are vacationing|Terre Haute Malleabls ....... S.

103

21% | 103

\j3% the Korean War, a spokesman

lery or T'll kill you.” > Paul Dana Toney was sen- | Y kill yo tenced by Special Judge Robert] :.|Rutherford in Criminal Court 2.| . Toney was found guilty after a| ../|one-day jury trial of robbing a ..|Gaseteria Service Station, 1101 *|Central Ave, of $100 last Oct. 11. In addition to his prison sentences Toney was disfranchised paid out $1000.

‘for 26 years. | ® = 1%! - tn } "" Denver A. Huber Uncovered 00''| Services for Denver A. Huber, | » lass N. Walcott 8t., will be at | ho used to be # 10 a. m. tomorrow in the Harry the film colony's |W. Moore Peace Chapel. Burial Primmest cellu{will be in Washington Park. lod queen, made Mr. Huber, who was 47, died @ movie in her 2sy, Sunday at General Hospital. He Pathing suit and was a native of Iillnois. He lived Surprised every- “* here for 15 years. . jone. 5'| Surviving are his father,”Jacob, “It's the darn.|Terre Haute; a sistar, Mrs. Lavon dest thing,” she Caron, Kankakee, IIL; two half- sald today. “Men {1,, sisters, Mrs. Iris Clevenger and who never used 7 (Mrs. Bernice Hoshour, both®of In- | to notice me give $ |dianapolis; and a half-brother, | me that undress03 Eskil Gilbert, Chicago. |i ng treatment

man says.”

16%

18%

“Hand all the bills through the bery and commission of a felony window and don’t make any out-

bank worker what ‘to do. The other worker saw the customer's

Like most tellers would do in a {similar predicament, Miss Tylutke' {made her first transaction—she

In Hollywpod, Joan Caulfield,

2, DENIES ‘PEACE’ ROLE | _- . NEW DELHI, India, Sept. 19 Official Weather

25 #'2 (UP)—India has not been in-| UNITED STATES WEATHER BUREAU 181; volved in any new moves to end | —Sept. 19

The release said the Navy's old-

Dr. Lippincott got a letter from {the Secretary but the stunt had

He couldn't “volunteer” because!

Garry Davis, self-styled World the U. 8.. for

| It was Alice Tylutke's first day in the teller's cage yesterday at [the Lawndale, Ill, Savings and {Loan Company. The 23-year-old day began serving two sentences. woman was still more nervous They are one for 15 years and when her first customer gave her|the present fare is “excessive.” TWO: That the transit service)

{is “inadequate, unreasonable, un-

1 {

Miss Tylutke asked another!

|

Niece Blocks Doctor, 100, Meets Tomorrow From Enlisting in Navy

| The Navy's idea, it was anin Philadelphia, {was to have Dr. George C. Lippin-| . lcott, Salem, N. J., “volunteer” for Poet James Turner, who likes wp TCb0klmately i oeuirg service on his 100th birthday an-| . (the ndiana unic i . Sead; Sood a dn to| Convention will meet tomorrow|™ rie vel to $24.50; /at the Claypool Hotel to discuss est retired veteran recognized the ‘(additional ways of raising reve- Armed Services’ need for medical without seeing a ghost. And it was all set for to| , Indiana’s Municipal League— pr Lippincott to get a congratulatory letter from Navy Secretary

Spooksman

At Saffron Walton,

|ghost over the years.

Terre Haute Hits Bus Hike Plan

Urges PSC Hearing On 2 Key Charges

The city administration

crease. Two separate

Ito set

charges.

| “unreasonable, just.

England, |

ghosts, today offered the most| haunted house in England for, sale today. He is asking $12,600 because he lived there four years,

The house is built on the site| of the old Borley rectory where legend has it a nun was bricked up alive after being found with a monk. More than 200 persons have reported seeing the nun’s

of Terre Haute officially protested that city's transit service today and urged the State Public Service Commission to deny Terre Haute City Bus Lines a fare. in-

petitions, signed by Mayor Ralph Tucker and the Terre Haute Board of Public Works, called on the commission

a public hearing ON rector of the society.

ONE: That the proposed fare| increase, from three tokens for

ahi a nt | pyr hy ” Mayor Tucker also said FOUNDED 1913 ; y

unfair and un-

just and without respect for pub-

lic convenience.”

PSC Chairman Hugh Abbett

said a date had not been set for {a public hearing. However, Arn-/

ture. to.

“ fold Atwood, commission secregun and replied “Do what the tary “indicated a hearing will be - {held sometime in the near fu-

careful, personal brokerage service. It

Peter Stuck Freed”

In Robbery Case

| Peter Francis Stuck, 18, of 1250 {Cameron St., was dismissed in| {Criminal Court No. 1 yesterday

{on armed robbery charges when

Sunrise -.. 6:20 | Sunset

| { i} (for the foreign affairs ministry pi. iitation 2¢ hours ending 7.30 8. m. {said today: | Total precipitation since Jan, 1 104 | Excess, since

* CHRYSANTHEMUM JAPANESE “The following table shows

98 i “vies : e In othe ties | on TH soNDS 5 The chrysanthemum originated "55, h other cities: High Low] & ....;In the Orient. It is the imperial Atlanta B88 ----|flower of Japan. Burbank oo. ill 4 54 ree : Chicago 85, 64 Teer L | P d © Elncimnall . ” a { eas {Clevelan : | | kOoca roavce Adin ‘80 32 : {Evansville ......... . 85 67 | Eggs—Current receipts 55 ibs. to case. Ft. Wayne crue . 78 62 31c; Grade A large, 47c; Grade:A medium. Ft orth . cee . 89 4 | A 40c; Grade B large, 33c. and no grade Indianapolis (City) . . 80 69 ..|%0¢. |Kansas . 87 72 i] Poultry—Powls, 4'4 lbs. and over. 23¢c: Miami . ........ . 85 6 ....lunder 4'3 lbs. and Leghorns, 17c: cocks New York .. 72 f1 ..../and stags, 13c, and No. 2 poultry, 4c less Oklahoma Tity .. . 84 686 | ..|than No. 1, maha “es . 88 63 | -f Butterfat—No. 1, 583¢; No. 2. 50¢ [Pittsburgh .. CTT 81 LOT | meses - ees SAN gntenie ‘ens 3 It . ’ : -e San Francisco ...... 5 Service tas 78 wi“ Local Truck Grain Prices 5"wcit Ra 0 Srming 82% Washington, D.C. ...... 4 60 ~dividen re ueen ” — Se p—

INDIANAPOLIS CLEARING HOUSE arings $10,801, $34,434,

434.000. No. 3 oats. Tde.

another youth was implicated

the robbery of Charles Madden,

33, of 331 E. 50th St., Aug. 10.

of the same address.

Fred is in jall awaiting trial on ‘charges of rape, assault and bat-|

in

Peter is a brother of Fred, (Charles, 21, and Albert, 24, all

tery with intent to murder, and /kidnaping.

’ | Albert is out on $5000 bond on Miss Caulfield [the same charges. They are charged with the kid-| | with their eyes. ... And I love it.” 'nap-rape of a 20-year-old South st {Side girl June 21. No date has

been set for trial.

Dwelling TL

. It pays to URLE

Grain Dealers Mutual Agency, Inc. 1740 North Meridian St. WAbash 2456

8 = » n » ” THE OTHER F-51 pilot made a simliar report, the CAA official said. . The CAA worker also logged a report from an F-80 jet plane, base and destination unknown, which presumably had been told to size up the object. At 40,000 feet, the F-80 pilot reported he appeared to be “no closer than on the ground.” Two Poplar Bluff residents, Harwood Inman and Floyd Fredwell, said they went to an altitude of 5000 feet in a small civilian plane and flew about 10 miles toward the object without seeming to close the distance. Mr. Inman described the object as “something like two big white balloons tied together, one beneath the other.” He said he thought it was “some sort of secret military apparatus.” CAA operators at Malden described it as “very large and | shiny, perfectly round-looking something like a “translucent | wash tub.” They said it moved erratically, spurting ‘at high | speed for a moment and then appearing to hover almost | motionless.”

Takes Presidency Of County Group

Edwin H. Gable took over the presidency of the Marion County Society for Crippled Children and

Fred Gray Petty Rites Are Set for Today

mes State Servic

TI LOGANSPORT, Sept. 19—Services for Fred Gray Petty, employee of the Indiana Gas and Light Co. for 20 years, were to be at 4 p. m. today in the Goodwin Funeral Home at . Frankfort, Burial will be in Bunnell Cemetery there. : Mr. Petty, who was 82, died Sunday in his home. He was em-

last night suc- | ceeding Karl R. | Zimmer, now president of, the state organization, the Indi{ana Society for Crippled Chilren. New directors

ployed many years by the Nickel Plate Railroad.

EXPERT WATCH and JEWELRY REPAIR

Reasonable Prices, Free Estimates FAST SERVICE

elected include: All Work Guare David P. Wil- Mr. Gabl Bring Your Sranised liams Jr., Taylor y 3 We'll Clean ‘Em Free!

C. Parker, Mr. Zimmer and Miss Louann Myers. Roy E. Patton is executive di-

king Jewelers

JO West Waen-St

37 Years of Service to INDIANA INVESTORS

This business was founded 37 years ago by two men whose aim was to give

» SOUTH BEND

has grown to an organization of over © 500, with offices that cover the state of Indiana, and with offices in 33 other | important cities. i Such growth and stability is a good indication of the type of brokerage service you can expect from Thomson & McKinnon. Our aim is to keep our customers constantly informed of investment opportunities and significant trends in the business world. We maintain a well-staffed Investment Research Department which regularly issues Stock Surveys, Bond Reviews and other periodical reports.

FORT WAYNE ®

ANDERSON ®

& INDIANAPOLIS

[EVANSVILLE H

Write today for our current Stock Survey

THOMSON & MSKINNON

BROKERS IN SECURITIES AND COMMODITIES 5 East Market Street MArket 3501 Offices in 38 cities in the United States and Canada .

MEMBERS NEW YORK STOCK EXCHANGE AND OTHER PRINCIPAL: - SECURITY AND COMMODITY EXCHANGES

INDIANAPOLIS

No. 2 truck wheat, ]

“| No, |. No

000.1 No 2 soybeans, $2.07.

=

- THE INDIANA NATIONAL BANK gz OF INDIANAPOLIS % Notice of Shareholders’ Meeting

4 Notice is hereby given that pursuant to call of its Directors, a special #imeeting of the shareholders of The Indiana National Bank of Indi-+-anapolis will be held at its banking house at 3.Virginia Avenue in the + City of Indianapolis, State of Indiana, on Thursday, October 19, 1950 “at 11:00 o'clock A. M. (C.S.T.) for the purpose of considering and ‘determining by vote whether ‘an agreement to merge and consolidate # the said Bank and The Usion Trust Company of Indianapolis, located | +lin the City of Indianapolis, State of Indiana, under the provisions of ithe laws of the United States; shall be ratified and confirmed, and for

£ithe purpose of voting upon any other matters incidental to the proposed [smerger and consolidation of the two banks. A copy of the aforesaid . frAgreement executed by a majority of the Directors of The Indiana : ti Bank of Indianapolis and approved by the Board of Directors The Union Trust Company of Indianapolis, providing for the con-

J olidation, is on file at the Bank and may be inspected during business ORDER OF THE BOARD OF DIRECTORS. : : : : ©) KURT MAHRDY, Coshier

a cigs gy is

Tae Union oF Jn

Notice of Shareholders’ Meeting

Notice is hereby given that pursuant to call of its Directors, a special meeting of the shareholders of The Union Trust Company of Indianapolis will be held at its banking house at 120 East Market Street, in the City of Indianapolis, State of Indiana, on Thursday, October 19, 1950°at 1:30 o’clock P. M. (CS. T.), for the purpose of considering and determining by vote whether an agreement to merge and con—solidate the said Bank and-Trust Company and The Indiana National

* Bank of Indianapolis; located

Indiana, under the provisions of the laws of the United States shall be adopted, ratified and confirmed and for the purpose of voting upon

any other matters incidental to

of the two banks. A copy of the aforesaid Agreement approved by the Board of Directors of The Union Trust Company of Indianapolis and executed by a majority of the Directors of The Indiana Natienal Bank -

of Indianapolis, providing for t

and may be inspected during. business hours. BY ORDER OF THE BOARD OF DIRECTORS.

Trust CoMPANY DIANAPOLIS

in the City of Indianapolis, State of T

the proposed merger and consolidation

he consolidation, is on file at the Bank y 3 1 New York

»

CLARENCE R. KUSS, Secretary

rue raster

We cordially invite you to visit us in our new office at 1117 CIRCLE TOWER . TELEPHONE: FRANKLIN 1433

Requests for investment information or service will be welcomed.

A. G. Becker & Co.

: sl Meme. ea "New York Stock Exchange New York Curb Exchange Midwest Stock Exchange

A. G. Becker & Co. Established 1893 Underwriters and Distributors

|

of Linoleum in Indiana RUGS from $2.39

* HOOSIER + "PAINT & LINOLEUM CO. RITE’S JEWELRY SHOP 211 KE. ‘Washington R1-8313 48 8. ILLINOIS ST.

SPANISH AND HAWAIIAN : INDIANA MUSIC CO. 115 E. OHIO FR-1184

San Francisco

an -

_

TUESD. Bo Yanl 4 M Lool

os New

With By © NEW Yi ‘mad stretch the Yankees, tizzy Americ with a lace d . The Red to take seco percentage pc place Tigers. At the mo! for the tired ” wonderful opg race wide ope of five games Red Sox at [ they have bee have bounced favor is the f remaining ga teams out of f ing today wv Thereafter De the pooped-ou land, then cor the schedule the cousinly | more with the

Resj

The Yankes going to hax other four mn New York ove two in Boston son the follow But they, tc day from the against conte: went to Cleve to wind up a while the Ya anemic Whitq game after w in Chicago to game,

Sena

Things alsc rough after t Yankee Stadi Sox, for the E have to take. Senators in headers next day before ge spite against | they wind up i Sox, after lea a couple of off on the Yankes successive dou Athletics and four games i against .those ers” in the D Bosox The Red |! straight over yesterday, pu tallies agains and Hal Whi win, 3 to 2. Singles by | Ted Williams. wild throw, a Walt Dropo, long fly did when rookie tered in the Ti der came in tc straight day eighth victory club. at mid-se In the only activity, the within half a ding, third-pla ers, as Larry two-hit, 13-to-Cardinals. Tommy Bro day in the homers, a sing he was about | colating in the the Cubs bla:

Dunkel’: To Appe

Dick Dunkel forecasts, ran] sons will begi Times Sports |] His Power - has been 80 p selecting the games since 1 the major - fo important M schools. Tomorrow: pairings for gs

©