Indianapolis Times, Indianapolis, Marion County, 14 December 1950 — Page 12

Tor Cease-fire

UN OKs Group

FLUSHING, N. Y., Dec. 14 {UP)—The United Nations Gen-| § «ral Assembly today approved the! appointment of a three-member commission to “detetmine the } hasis for a satisfactory cease- 8 fire in Korea.” The vote was § 52 to 5. ] Russia and her satellites, desouncing the plan as a "camou-| "age to make it possible for * American forces to continue their cts of armed aggression in the) uture,” voted against the pro‘osal,. which was sponsored by 13 rab and Asian nations. Naionalist China abstained. The measure names Assembly “resident Nasrollah Entezam to ead the three-man commission nd to appoint two assistants, Mr. Entezam told the Assembly e would not make the appoint. ments immediately, He was expecetd to name ndia's Sir Benegal Rau, who: 1asterminded the Arab - Asian roposal, and probably Canadian 'xternal Affairs Minister Lester J. Pearson. The 60-nation Assembly gave the cease-fire proposal priority ind decided to vote on it without full-dress debate, But Russia and her four satel- - ''tes — Poland, syelorussia and the Ukraine-— ok the rostrum to “explain their ote” and denounce the measure 8 a western plot. -

IEE TY EINE TIS,

boys and girls of School 34

Czechoslovakia, ing countries, took the opportunity of explaining its vote,

The General

Tk

Off §1 Millon

hanks. of the first time since the imposition of |

a «Federal Reserve Board report showed today. ' i

$1 million to $5,212,000,000, the! first reversal since Feb. 1. There! was some doubt, however, whether

long. Indianapolis banks also noted a {slight decline in real estate and {mortgage loans, and called it sea--_Isonal. They attributed the dip to

| They said they expected a return to normal after the first of ithe year, when good building . weather returns,

| Business loans in the

week | ~ lended Dec. 6 rose $177 million toy

1$17,274,000,000—an all-time high. {This is $3,467,000,000 higher than

on the corresponding 1949 date. ¥

The banks’ total loans and in-! {vestments on Dec. 6 were down) {$116 million to $69,807,000,000|

Pupils sit in awe and admiration before the life-sized Nativity scene created by the older [but still were $2,869,000,000 above

la year ago. Loans by the banks! {to brokers and dealers dropped!

Beast of Prey Back

in

Assembly later

fisher — a — weasel-like

EVENING APPOINTMENTS - (

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WEST CHEST.R, Fa. Dec, 14 Traps

ad 6 a TOY 7 (UP)-—Philadelphia (zoo _attend- ported sighting the animal try-'clined $60 million to $32,924,000,- : voted to hold next year's Gen- ants went trapping today for a ing to reach a nest of squirrels 000. The total was $4,229,000,000 Only Egypt. among the support- eral Assembly in Europe.

‘which had been believed extinct

since were set after a farmer

Pennsylvania

animal its favorite food.

. : y weererel .

’

$207 million to $1,464,000,000 and re- U. 8. government securities de-|

lower -than-a year ago.

Low Terms 1 f Desired

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“BOLTAFLEX

| WASHINGTON, Dec. 14 (UP)— 8 Real estate loans by member § i Federal Reserve if System declined last week for the '§ i 1 real estate credit control Oct. ori §

Real estate loans by the banks ¥ in the week ended Dec. 6 fell he 8

the downturn would Gl

{factors other than credit curbs. i

jwere $338 million below last year.| 1896. The banks’ total holdings of }

"

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ih

my

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