Indianapolis Times, Indianapolis, Marion County, 17 December 1950 — Page 58

a a

(Continued from Page 57)

ers, television sets, ranges—all It would make no difference if hard goods are holding up well. they did. This year’s figures were And the merchants can’t tell guessed up 10 per cent. But ’

Nati hi vor Place

jshortage buying in the scramble.

whether there's any beat-the- they're easily over.

Straws

careful about arresting suspects.

“Stores ‘are geared for shoplifting in-the “crush; bump and elbow-jabs of last minute shopping. But they are

Store detectives are under orders to make sure they have the

for the pinch. " INDIANAPOLIS LIGHT & POWER CO. expects an uppage in the load on Christmas Day. "That's when the new electrical gadgets get their biggest play, TV sets, toasters, electric appliances, lamps, and of course lawn-trim and tree lights. INDIANAPOLIS RAILWAYS, INC. will have its peak load in the next six days, hard to handle. Shoppers get aboard loaded with bundles, drop them in packed crowds, try to pick them up, get frowned at for squirming. WINE STORES will feel their biggest pull between now and New Year's Day. Wine sells best in the poorer and the gold coast districts, Cheaper binges for the low-incom-

ers, whets turkey appetites for the rich. CORPORATIONS are unload-|

ing their (Christmas presents, or bonuses, to employees. Workers should watch how i’ 8 given.

r rather that the thief has the goods—before closing in

In most cases it will be marked,

“payroll,” that means they pay!

income tax on it. If it's a straight gift, workers should be told. It's| tax free. FOUNTAIN PENS get two big whirls at graduation time in June! and at Christmas,

The Parker Pen Co. at Janes.

ville, Wis,, has been running

This seven-unit apartment house at 3558 Washington Blvd. was listed among top sales closed

Christmas “airlift” to big distrib. | by the Franke-Padget Co. The transaction was handled by C. Scott Padget for his partner, R. A. Franke, who owned the property with his wife. Buyers were Aaron and Camille Aronson, who moved HOTELS do a good food and| here from Los Angeles, Cal, They assumed ownership late last month.

uting centers.

dinner business during the holi-| days, but their rooms are mostly | empty. ‘home at Christmas,

can. » " ” } THIS IS ONE of the worst} weeks | for insurance company J

payout windows. Don't collect on your accident! policy, and more important,

on your “ordinary life.” “

- Outlook in the Nation—

‘Americans Are Facing A Soul-Trying Period

(Continued from Page 57)

tated to take the step They were worried about

too. un-

- ployment. They felt that the

Army, Navy and Air Force weren't ready with war orders to take up the slack. But if the companies are ready for business, as I've ‘noted before, military designers will get off their blueprints, It won't be long then before tanks, guns, ammunition, roll off assembly lines.

Rails Hurt Defense CLEARLY, if limitation orders are to be put on the manufacture of civilian durable goods, business men and workers wil suffer financial difficulty. And if price ceilings are to be put on foods, farm leaders will have to show a willingness to subordinate their particular financial interest to the general

emergency. That's where the .

test of American character will come in. The “sickness” strike of railroad yard workers in Chicago, St. Louis, and Washington reveal an insensibility to the world crisis. You'd think Harry Bridges was the leader of the Brotherhood of Railroad Trainmen, not W. P.

NU-WA HOME SUPPLY CO.

The One-Stop Bathroom and Kitchen Remodeling Store Free Estimafe, RI-5894 236 E. New York St.

N. Keystone at 52d Nora Branch

BR. 5454 BR. 6363 OPEN EVERY NIGHT TILL 8 EXCEPT THURS. UNTIL XMAS |

Kennedy. The strikes tie up the entire economy, slow what little war production has been started. Aside from getting war production up rapidly, the greatest problem the administration faces is inflation. It's feeding on itself, Business men, who six months ago were worried about a possible slump and didn’t want to expand, are now placing orders right and left.

Hurry-Up Man Call

PRIME example: Freight cars 127,000 are on order today as against only 40,000 in June, before Korea, and 19,000 in January, Plant end equipment expenditures of American bdsiness as a whole are estimated up 30 per cent in the first quarter of 1951 as against the first quarter of 1950, Industrialists ‘are reasoning: Anything I try to build or buy two or three years from now will cost more, so I'd better buy now, if I can. Before the administration can work out a program of price control, it must also work out a policy on wage control. That's what stymied Fconomiec Stabilizer Alan

! Valentine in his talks with

General Motors, Ford and

J. other auto companies on pas-

senger car prices, The administration must find some way to suspend the operation - of the cost-of-living clause in automobile wage contracts in order to stabilize auto prizes, These are all work-out problems, Of ‘one thing. however, we ean bé sure. President Truman will issue a hurry-up call for personnel to man the defense

Everyone wants to be) And that’s) 4 what a hotel tries to be but never | ’

be! sure your family doesn’t collect!$

Washington. _D.

Realtor Joe Berger handled the sale of this four-bedroom house at 1301 E. Kessler Blvd. He helped Mr. and Mrs. Ivan C. Frakes Jr. sell their property to Mr. and Mrs. W. Nicholas. Both Mr. Frakes and Mr. Nickolas are contractors in Marion

| { | | | {

County.

Coastal Builders Take Top Designs

WASHINGTON, Dec. 16—A but five of 15 winners and _- ners-up in the 1950 neighborhood development contest were in the|

[coastal states,

This was disclosed yesterday by the National Association of Home Builders. Its contest was con-| ducted to find best designs for| residential development in the country. The association also announced the Tacoma, Wash., Sunday Ledg-| er grabbed top honors in the |irst nation-wide contest of Na-!| itlonal” Home Week newspaper sections. Second place was taken by the

Columbus, O., Citizen, a Scripps- agers will pardon the expression, 270 pound weights sold at §1

Howard journal, and third place, the Grand Rapids, Mich., Press. Winners in both contests will be cited at the seventh annual

Real Estaté—

Federal Noise Lacks Harmony

Piecemeal Regulation

Confuses Builders (Continued from Page 57) war-workers and, for the most

i part, they did it well. But the

headaches and the confusion and the black market they sometimes had to shop in are some bars of the government mélody the real estate crew would like to do without. Their song today, if the teen-

is: “Get out of here with that

BOOM-BOOM-BOOM , , .”

You know the rest,

convention-exposition of the as- Yule Be There

lsociation in Chicago, Jan. 21-25. Neighborhood contest first place] {winners in six classifications were] Standard Properties, Inc. of] Cu. sconomy ‘homes over 50 units; Victor L. Regnier, Kansas City.| large homes under 50 units; Rob-| ert R. Platt, Walnut Creek, Cal. large homes over 50 units; Jesse Hartman, Stamford, Conn., rental homes; W. P. Atkinson, Midwest City, Okla. community of econ-| >my homes, and the Keyes-Treu-| {jnaft Co., Cleveland, community | f larger homes. 5

project of!

agencies, which are bound to SORIA Toledo Is Large Port The other certainty is that Toledp, known as- “the glass taxes will go up sharply. Wall capital of the world,” is also

Street, which has been so gay among the largest ports in the about inflation, may begin to United States, at the mouth of| have some doubts, After all, ‘he Maumee River, the largest! earnings of corporations are ‘iver flowing into the Great going to undergo deflation, Lakes.

« ¥ : lesen am om mmm] : ¥

SPEEDY SERVICE FOR YOUR HOLIDAY CLEANING WED. NOON ..... SATURDAY

AT DAVIS REGULAR LOW PRICES

BRING CLOTHES IN BY .....

+ YOU'LL HAVE THEM BACK

THEM BAC

& “

FERRE FR EE

PRE BNEW t y

Crded naan

A hh i i ta A

16" ADMIRAL CONSOLE TV SETS

BRING CLOTHES AS LATE AS

rousutare SATURDAY

10¢c Extra for this Davis Special Service

Nothing to Buy . . . No Contest to Work! Just Get a Free Ticket at Any Davis Stere. Drawings Dec. 20, 27,

FRI. 10 A.M.

Mery

1st WINNER Robbins, 13212 S. Meridian St.

2nd WINNER Cottingham, Rt. 16, Bex 519, Indianapolis, Ind.

‘2835 Northwestern Ave.

Extra Charge

INDIANA'S LAY]

{huilder’s profit.

UNION TITLE CO. rolls out the red and green carpet for the | 15th time next Thursday. ! The firm's sponsoring the annual Christmas party of the

Real Estate Board at the In- |

dianapolis Athletic Club. It's always been a knock-out with all the buoyancy of a high school reunion. Rr

The fete will cite new and retiring officers of the Board and Albert M. Bristor, head Title

| man, will cut the Yule log.

There's Tradition, Too

NO MAN is indispensable, but some are more determined and more able than others. Such a man is Bruce Savage, who, after tomorrow, will be the former president of the Indianapolis Real Estate Board, With his keen sense of values, Mr. Savage stamped a top-notch administration this year. He's had fine assistance from his retiring associates, Fred C. Tucker Jr., Laurence Warner and Bob Graves as officers and Frank

H. Cox, Norman Metzger and Fred T. Duyenyor, board di- | reetors. - : srr ~ » ”

NEW DIRECTORS, Willis Ad ams, Warren M. Atkinson and

Dick Hoberg, “with six holdover

directors will .name 1951 Board officers in a closed afternoon session tomorrow, ' There's a fine tradition of ethical practice which the men they name will have to follow. But like other administrations, they'll have Mrs. Mary Binford, tops tmong secretaries, to help them.

|AVER AGE C OST $14

WASHINGTON, D. C.—It cost

{87475 to build the average home {rected last year, the National As {sociation of Home Builders says, {The figure includes labor,

materials, etc, but not cost of land or

held generally steady.

A U. 8. Department of Agriculture bulletin said the crippling eftocr of the wildcat strike held receipts down but a spokesman for the stockyards reported that 80 per cent of the receipts moved by|

truck.

The hog market generally held reached $16.75 and odd small tots| steady to about 25 cents lower, A | Went at $17.00.

decline in #pricés was recovered:

Tuesday and then the rail strike curtailed eastern order buyer ac-| gave the trade a weak undertone tivity, cattle receipts were among |

‘the remainder of the week. | The week's top was $18.65 paid only disrupted transactions late]

teparingly Friday. Most good and in. the week.

choice 180 to 230 pound weights, traded at $18.25 to $18.40. 240 to

to $18.24. The 290 to 300 po group changed hands at $17.75 to $18.00. Sows under 425 pounds

closed the week out at $16.25 to|pounds were steady to $1.00 $16.75, and 450 to 600 pound higher.

Snowbound Roads and Rail] ‘Strike Cut Livestock Supply

CHICAGO, Dec. 16 (UP)—Livestock receipts were held to a {minimum by the snowbound roads and the railroad strike but prices!

© Mr. and Mrs. Wallace O. Sherfick purchased this three-bed-room Dutch Colonial at 6517 Rd. 29. Their new residence was part of the H. G. Hockensmith estate. Negotiations were handled by Eugene Barth of Barth Realty Co.

Mr. and Mrs. John R. McCracken sold their residence at 5209 Clarendon Road on the Pearl Harbor day anniversary. Buyers were Mr. and Mrs. Chester Blaszak who moved here from Minnesota. Mrs, Mary A. Ridle of the A. K. Carnine Realty Co. was the agent, 4

CLEAN SAFE DEPENDABLE

goo Rank and file slaughter steers! und Sold at 50 cents to $1.50 lower, | although high choice to prime

weights sold at $15.00 to $16.00. ! on

Bearish Factors

{very bearish factors in sheep trade this past week. The closing top of choice wooled lambs was $31.50. An early top on No. 1 shorn skin was $90.75. A group of fall shorn

{lambs reached $29.50. Summer Ishorn lambs traded at $30.00, the bulk of wooled lambs for the

week went at $30.50 to $31.50. Good to choice 102-pound yearlings- sold at $27.00. The bulk of common to good slaughter ewes found buyers at $15.00 to $16.50. Good to Choice han d y

Real Estate Board Adds Four Members

Four new members were added to the ranks of the Real Estate

Board last week. The Board of. Directors approved active status for Rober F. Inc.; Mortgage and Investment and Harry D. Weller, Hiat Homes, Applicants were stil __subject to the realtors’ examinaLion. Granted junior classification by directors was L. H. M. Graves, Inc.

Co.,

kinds

Higgins of A. H. M. Graves, Robert B. Moore, Indiana

C. Nelson of A.

cents. lower, while canners and The strike plus sharp declines cutters were steady to 25 cents | 'in dressed lamb, particularly at higher. |

i i i bi

t I

TEE

ich $34.05 SUPERFAN iM BN oy th ny FS selling for more than £59.95.

F. J. SIENER LUMBER (0.

317 8. State St. AT-1428

America's Outstanding Combination Self-Storing Windows and Doors Small Monthly Payments

MA. 5354

934 8. EAST ST.

RB Sy - Wet Yovsiee Liny

A SS Sm hh Am SA

1227 CENTRAL AVE.’

Although the railroad strike|

e largest of the year, The strike

Slaughter Steers Drop i

nds weighing 1050 to 1300

Heifers sold weak to 50 cents wer. Beef cows went weak to 50

me cargnart “SPINET”

17-ipch rectangular tube for clear, bright picture. Fi in rich mahogany veneer. Combines best features of table model and console television cabinets—features utility shelf. Capehart Symphonic-Tone System. $000,

'339"

Plus Parts Warranty

HOW TO BECOME ~THE PROUD OWNER OF INCOMPARABLE

TELEVISION | ——IN 2 SIMPLE STEPS! —

CHICA Dec. 18 (UP)—A "Ado, of trading f trea Ne at the Board of Trade this week. nals athan the I a of oe closed the week appreciably higher than

. last week.

Soybeans led the advance with

: all 4} deliveries Friday selling .at

around $3.05—the first time this season that beans have passed the $3.00 mark. 3 _As the nation waited for President's address Friday night, brokers felt that the preponderance of action in the futures will be determined by his speech. The entire market appeared to be sensitive the major part of the week. It was subject to fluctuations on occasions from reports on the Korean situation and also on the news that the ECA will Suspend aid to Britain after Jan. 1 Compared to a week ago, wheat Friday closed 3% to 5% cents a bushel higher; corn 3; lower to unchanged; oats unchanged to 1 higher; rye 5% to 7% higher;

{soybeans Ti, to 8% higher and

lard 115 to 140 points a pound higher. The fact that no molsture in the winter wheat states for more

Projec

West |

Open The hous day will sw pre-World Completio ony of ec brings six frame dwel three nearl estate mark The house on 8, Bilt west of Ly tween Was ' Rockville R They're p Contracting Appel, Inc, inal project and complef 1942,

Ope These hot 2to5 pn features ea dents said have—hardyv walls, wider taps. The dwell

‘than two months gave consid-

erable strength to the market. Wheat trade was fairly active all week with some stop loss buying uncovered and May and July wheat on Friday set new seasonal highs.

Low-Cost, Lifetime Property Protection Materials Only or Complete Erection Terms

RI. 4215—726 Russell Ave. °

Nights and Sunday, TA Ibot 6503

NOW You Can Heat Your Home, Your Office With

ELECTRICITY RADIANT GLASS OF INDIANAPOLIS

ELECTRIC SUPPLY co.

1001 UNION ST., INDPLS.

jeastern CONSUMING Centers WeTe eck Fs Rk mk Fuk J Fo J Fu A J JJ Fark FO FO TOF 0 Yah Yuh J FF JO Rr AA

A COMPLETE CHRISTMAS

for the entire family

FR. 7346

® Come in at your convenience, modest Capehart prices and our con? b any day or evening and see the Yenient budget purchase plan, ¥ advanced electronic features in KS i this beautifdlly finished Television. Why wait longer? We can make it 9 ; : easy for you to be the proud possessoz 3 2. If the price is a problem, we of a Capehart—the finest television will be glad to discuss with you the instrument it is possible to buy. Bh

DON M.,

CONVENIENT TERMS -

p————r

x i s }

Eh. OR men ITE TT

Ie nn

ally constr the wage-ea sell on con firm for $8¢ Keys and for $1000 dc Taxes and 1

The dwell Ing 60x148 dining area smaller un basementles type oil hes utility room

Ampl

With amp area, the un +8choel, chur centers in 8S They're f traffic and community necessary . suburban Ii The sectic ledgers as

! veloped and

& Appel be! Pearl Hark the last tim

x BRY/

ALBEI