Indianapolis Times, Indianapolis, Marion County, 10 December 1950 — Page 58

Ye To use the buttons they had to Bowen who operates the Moon

Yule Sales Spotty, but Stores Gird for Spurt

(Continued from Page 57) ness is tough. And the button use hard buttons on mattresses business was tougher. then soft ones could be made. And after a little more than a © So. he toured the big rubber six months run the Citizens Bank | compaties over in Ohio, and final- & Trust Co. -in Bloomington ~ ly found a*way to make a sponge Cracked down on a note. The com- . rubber mattress. button, pany closed its doors. Next there was the matter of Next thing Mr. Hadley and bis backing. He couldn't finance it Partners knew, the C. of C. had’ alone. So one of his customers, : TT Williatn Hendricks, a Blooming- Pardon Our Delay + ton furniture dealer, agreed to get. The weekly national business i bel™nd the idea. vognd-up by 4. A. Livingston, . Mr. Hendricks also had a friend, OUteok In the Nation" was a former bowling alley proprietor delayed by heavy pre-Christmas ~-named James Mobley, who also’ ™ail. ~~. === | sold the building to Kenneth;

An

came into the company.

have mattresses, so the Sof-Tuf Freight Lines (trucking’ and Mr.| Corp. was born. The company Bowen said he wainted his bufld-| found an old building which be- ing. : g longed to the Bloomington Cham- What Mr. Hadley had” over- |

ber of Commerce and leased it looked in his lease was a little]

room modern dwelling recently

Center, y

Finish Week With (Center.

Big Flourish “+ lexport field also was a market

. Grain ‘stimulator. CHICAGO, Dec. 9 (UP) | Heavy buying for shipment

futures prices soared to high ne Shor i i levels after encountering very road = to Decembes Som limited activity at the start of when it sold for $1.68 at the the week. At Tuesday's session, end of the week. prices began a steady climb and Cash sales for corn were at i the week with a tre- two-year a flourish. | Oats, the Decaitibaz Jutures Traders indicated that the most Da hsre 2B ugh ari {influential factor in the wave Was changed hands at 98 cents.

ing the price administrator a intermittently all saying that mandato ce con-Week. trols are not in as| The lard futures skidded at yet. the early part of the week but | Compared to last week, wheat recovered enough strength to ithis week closed 51% to 71% centsiclose out the week’s session with la bushel higher; corn 3% to 7% a decided edge over last week. {higher; oats 21; to 2% higher;| Vegetable ofl markets and hog

chased this two-bed- £} the Edsel Realty Co.

Sale of this four-unit ps at 2628-30 N. Alabama

Mri. and Mrs, Raymend C. Vollett i St. was negotiated by Mrs. Marie Hunter of the W. R. Hunter

in a sale

for $1 a year with the provision sentence which said that if the ~ : _ ‘rye 2% to 4% higher, soybeans receipts encouraged the lard fuTt th pany i To sentence Which sd Sat 3 She Owner : of the pr y at 423 S. Butler Ave. was Cecil bb, Co., Inc. The property was purchased by the Rev. Solomon Green 1g to 3 higher and lard 30 to|tures appreciably and traders felt wi Pane a De proprietor of fhe Illinois Grill. The transaction was negotiated by berger. Seller was Otto Laakman. Sale of the converted double 75 points a pound higher. that this week's gain would carry The~lease had a clause for the on 90 days notice. : was completed Nov. 15. bh | The improved interest in the over to next week.

option of another year. So Mr. Hadley and his partners put out of the venture is his patents about $3000 into the building and and a few of the buttons. They 3}

got going. But the mattress busi- still bounce. . S What makes the “tired business man” tired? Three! fraws Chicago doctors set out to study 50 business executives | for the answer. i All of the “guinea pigs” were under 50. The three doctors, Sidney A. Portis, Irving H. Zttman and Charles H. Lawrence, poured out their findings to other doctors last wéek in the Journal of the |

American Medical Association. - i — \ busi- executive assistant, got his old

They found that most ’ nessmen have little time for JOD. Sl : hanging around doctors’ offices Sherrod E. Skinner, v, p. of GM

and boss of Olds for 10 years, became group executive in charge of GM accessory -divisions. CHARLES LOBO,- United Nations “delegate from Pakistan, toured - and - talked Indianapolis last week telling the story of his! three-year-old country which, new at public financing, has yet to discover deficit financing. EVER HEAR of a “bake-off?” Mrs. Ralph Taylor of Greencas- « tle will take part in one in New = York's Waldorf Astoria tomorrow, a Pillsbury project.

ARE YOU STUCK on your Christmas list with someone who “has everything?” : A tip: There's a new tele. vision lamp which sits on the ¢ car and truck divisions of Gen- set, throws light to the ceiling, | ergl Motors. Arnold Lenz, his $8.95.

Rail Stocks Set New High’

>

For More Than 19 Years

: Other Sections of Mart Irregular for Week; Industrials, Utilities Lose a Bit |

| i NEW YORK. Dec. 9 (UP)-—Railroad stocks stood out in the! share ‘market this week when they rose to a new high for more| than 19 years. | # Other sections of the market were irregular. All groups fell sharply Monday and recovered part way later, Only the rails kept | ol going up and up with price changes fantastically high in some | instances. >t : | ' “The big demand for the carrier the market after prices had been fssues reflects several things. forced down. Their demand offThese Include higher dividends et whatever selling might have and earnings in 1950, anticipation Come from the professional eley the . i gern gna ig the, Some short covering helped lift,

prices and offset the effects of! SIP holds with regard to excess ip. usually year-end tax selling!

Gains in the rails ranged winat 1s seasonal at. this. time of

mpre than seven points qn the gieel shares performed well! week. The group was thé out-iang go did most of the other war! standing feature in the Tuesday, panies, Metal issues ruled strong. Wednesday and Friday sessions. sircrafts had periods of strength. The average reached a new top some of the oils, mercantiles, and since Aug..4, 1931, liquor {issues - managed to rise. Industrial and utility shares Electrical utilities balanced off rallied but less vigorously than small net gains and losses. i rails. They lost a bit on the week. Railroad equipments had a As in recent weeks, the market good market in several sessions nad in its favor a long list of on outlook-for big orders for the! highly favorable dividend and war effort and for the ratiroads.

unless they “hurt somewhere Something else they found was that successful men thought they also had superior physical organs “although they know less about the workings of the human body than they do about an automobile.” Twenty-nine per cent had high blood pressure, 27.4 per cent were tod fat, and 12.7 per cent had something wrong with their heart Only 54 per cent “were cons sidered entirely normal without physical. defect.” GM UPPE}S , TWO last week. Harry J. Kis*¥er, v. p. and boss of Pontiac Dhvision became group executive in charge of passenger

1

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Yeap

IRIN ERER

Realtor W., A. Cobb, y And about all Mr. Hadley has re > 344 }- ] 3 a

|

4 TAER LAER RAE IER LAER LAS da as ea) A a i Tt al He i

rm————— PLUS $5.42 TAX AND 1-YEAR WARRANTY

the news from Washington quot-| The soybean market expanded

earnings reports,

Early War News Bad War news was seen as very bad early in the week and that brought selling from the professional traders.

{These companies made big tanks in the last war and are expected to get tank orders again in this*

one.

Farm issues ruled steady. Au-

tos were depressed

further on

fears this industry will be hard

EASY PAYMENTS

; lambs were extremely scarce but: when the lead included show cat- i:

allowed such collections without

dnvestment traders turned to'hit hy

material shortages in 1951.

.ivestock Receipts Held

To a Minimum by Storms

CHICAGO, Dec. 9 (UP)—Crip- wooled and shorn 'lambs excited pling storms that struck the Mid- comment all week, west a wintry slap held livestock" ‘Receipts of “cattle “were prads receipts to a minimum. Cattle and tically the same as last week,

FRILREREREIREN

Te Te Te Te Te Te se Be Te Be BE BS BBO BE

tle from the International Livestock Exposition. The week's top of $37 was a new high -since last February, when $39 was paid for a package of choice steers, Slaughter steers, yearlings and ddy, but recovered virtually all of heifers ig RS. SLrOnE Ny ge, the decline later in the week, | weights of choice steers and good Due to the blizzard that hit theland choice yearlings were in broad siipping areas, fewer hogs went demand. Cows were 25 to 50 cents on shipping account. More hogs higher. Bulls sold 75 cents to were moved from the center of §1.25 higher. Vealers were strong tHe storm areas to eastern killers. to $1 higher, "The week's closing top was . : £18.55 with ‘most 170 to 230-pound weights at $17.72 to .§18. Bows weighing under 425 pounds changed hands at $18.50.to $17. Most 425 to 600-pound weights went at $15 to $16.50. +The sheep market was the most peverely affected by the storms as very few arrivals were noted in the Chicago pens. All classes were steady with a tendency towards weakness, iThe top on wooled lambs was $32 and this was an all time top for December. The top on shorn ldmbs was $29, very few above $28.50. A widening spredd between

hdgs were surprisingly ample. Compared to last week, barrows and gilts closed the week steady ta rather weak in thé hog market, sows fluctuated between steady to 25 cents weaker: On the whole; hog prices declined sharply Tues-

WAR PRODUCTION CONTRACTS

for Small Companies

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Experience has proved that the most effective way fo oblain these contracts is by means of a visual or of a plant's facilities. If this presentation is prepared in AR approved manner to meet the requirements of governmental agen. cies. ft greatly facilitates the procurement of defense contracts.

BOSTON GETS HEP BOSTON, Dec. 2' (UP) — No more free garbage in Boston. Under & ngw contract, a Waltham firm will pay the city $108,000 for garbage wllecteda in the Dorchestir district during the next three years. In the past the city has

If interested in discussing the | preparation of a presentation of Your company’s facilities, by thor. | oughly experienced personnel. phone | Riley 5338. Ask for Mr. Aldred. | |

| 20,000 SQUARE FEET |}

shop, printer, bakery, laundry, dry cleaner, etc. of one-half replacement cost if sold ot once or S-year lease

+ ARNOLD 6. DAVIS, Realfor

; Rasidence Talbot 2909

' i Close Jn north. Very desirable building for food or other distributer, ma- »

For sale possible.

*

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lllinois Street Store Open Every Evening.

3360 N. ILLINOIS TA

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Mess aR

GRRE

STSRRRERN

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“smiles , , .

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Parasi

(Continued { and ++» « When the wo Seems I used funct” to describ 2 business-part

- Bob Butterwort!

ters. . That came al formation of a 1 why by the geni Mr. B. said bankrupt. His Ripple. friends thought so too. Realtor Bob

Ww. Now, honest funct” to mea: but ain't no m And Mr. Wel almost right. Ds

«ceased, dead, ex

that order. Well, Mr. But Teeters, too, ai ceased, dead, ef on the ball and Boys, you're

in new companis

defunct,

‘It's With PI LIKE BOB realtors are fre their field. They know ri satisfy buyer a ghelter their nei way. And they asked, if not | home-hunters, housing today. Our Hoosier the top of spe: plain the busin ness. Pm talki like Lorin D Teckemeyer a and Fred Tuc) Last week, | the Hoosier r spinning. He spoke thi two-day conver realtors in Mi four: top Mic Mr. Driscoll sp cussion Wedn toning the to “listing prope: He knows t rate. Just wat sales reports,

Ballot Blur ONE OF th the year come realtors this w Thursday th elect a new s guide the realt three years. Three of si dates will joir

Dwelli But Re

(Continued

was similar, T applications fc aid were filled That's down fi and the 1020 pe Applications last month hit prog of! filed, the agen Labor was were some | builders said. Here's the cl INDI! Nov. «oe 144 «rs $1,

—————

Dealers Ce Year's Tin

Tin WASHINGT nation's 26,00( building mate: necessary, sto production of This report government 3 Northup, exec of: the Natio Dealers Assoc The dealers and leased lo more than 70 Mr, Northup

Starts Value