Indianapolis Times, Indianapolis, Marion County, 26 December 1950 — Page 8

a ae a i i i es A Sen it

HAROLD H. HARTLEY Times Business Editor

Opening Sales

Prices of Gils Barrows Up in|

“ | | ‘

Off Bal

Strength Computed of 1,667,000;

- Range 50 Cents : FOOD STORES are still wobbly on their feet, punch-| To $1 Higher; Easy Pickings Seen in the South ~~. drunk from their week-end pounding. Trade Active week-end hit a new record of Chinese s Natlonatists officials were reported in Washington today ; 3 as saying stepped-up

They had never seen anything like it. Sales in single

groceries bounced from 10 to 100 per cent over last year. weight barrows and gilts were They'd have bought the | 50 cents to $1 higher today than : L | actually set the price of it Frida " the - front doors if we'd put a | product, merely reflects the on Se. a ne Indians

Prices on light and medium|

thing as good as what they had. 5 » ”

heir gifts were selected especially

of them, and nothing else | New N. Y . HOME Local Produce

pepresent quite the same sentiment of the giver. i Bo keep your gifts. Every. thing's useful at some time or other. : And you'll probably be happier with what you have than anything you .can find.

Paste in Your Hat EVER TEMPTED to stick an fnvestment toe in ‘the stock market? Most people have been but they don't know where to start. And if you ask someone, they talk for hours and leaving you mumbling

to yourself just 10 yards ahead

of the man with the butterfly net.

1 am going to give you some, The vanguard of the secre-| «Cummins En

solid rules. I'll put them in one paragraph. You can clip and save them. But if you can find stocks which measure up 75 per cent, they'll probably be all right.

- n - PICK STOCKS WITH: ONE: A long dividend record. TWO: A good earnings history, not too many loss years, . THREE: Lots of cash, and not too much in debt with bonds or preferred stock. FOUR: The stock must be in a going company or an institution, not merely a venture. S FIVE: Stay with companies gefving an essential industry and are growing. " These are the rules for “insti-

futional stocks,” the safe ones, |

and it comes from L. O. Hoover,

Coroner Cyril McDonald said and then came over to me grin- versity of Ilinois. He got out in

ni | i. ] the victim, who had been dead ning. OS HOFLE were ser IN Settles Down | approximately 14 hours, had been mental reasons, knowing that : { |

violently raped.” Police were

| : | Egws—Current | i488; Grade A lar i i 300 Vans Used | $0ey Grade B large. & Sak 1 "To Make M Fe Pouity- Bowls. ‘tr Se and over. le { 0 aKe ove under 4% Ibs. and Leghorns. 17¢: cocks t

| NEW YORK. Dec. 26 (UP)— and stags. He. and No 2 poultry. 4c less sticks to him like a leech. He 18 bring out on litters and knowing Butterfat—No. 1. 85: No. 2. . known as Butch wherever he goes. what they had to go through I'm

The United Nations formally

imoved Into its new glass and Local Stocks and Bonds while and then went out and help. marble skyscraper headquarters boarded the “Slick Witch.” Cmdr. this outfit feels the same way.” Player was bound for a Korean

Bid Asked i port to take over as executive . officer of a naval troop transport. Horsing Around Makes

in mid-town Manhattan today. tothe iA : | The United Nations secretariat {mericas States com. staff of 3500 men and women | 1AJaire Collerles com ...... 18% 18% {from all over the world found not shelt RR & k Yrd s {a paper clip out of place, 80 gobbs-Merril tk Yrds com... 38

1 aR smoothly did. it go, according to|-Bobbs-Merrill fd ¢}i%

{ y. | *Cent| 80. BA {Byron Wood, the United Nation 8| Champ. of Comm com. |moving co-ordinator. | Com Loan 4% Bid. ...

§ com tariat deserted the old Sperry| Consolidated Finance 8 pfd... 361 gyroscope factory in Lake Suc-| *Deita Elec QO i vsiis cs 7 , Sastern ing Cele § pfd cess, N, Y, last" August, | Equitable Securities com : » » mily nance com 3% It took 300 vans to carry the pani} Finance 5% ofd files, furniture and diplomatic Hovs Store Ya w . trimmings the 23 miles from Lake Herfl-Jones ao Ago»

91 100

Success, ~*Hook Drug Co com . n Ind Asso Le! 2 ofd 4 4 Each piece of furniture and all [jd Aso iq, 2 ofa =... 8% fa the fixtures were tagged with the Ing Mich El 4% ptd ceo 104

exact location they were to oC- “indpls P & L com cupy in the new 39-story, $65 mil- Indpis P & L 4%

ptd “wh *Indpls Ath Club Realty Co. .. 84! lion skyscraper. Files were packed Ind Gas & Water com c fed :

as Indpls Water

- =

Jett t : a hitch. Fach department was ‘Kine & coon Life com..19 1h

moved separately. Ring A skeleton staff of 500 will re- L heh Corp ingion on main at Lake Success to handle Mastic Asphalt .......... translation, documents and com- Ng: Homes {munications of the Security Coun-|N In ¢ ¢il and Political Committee. The sN Ind Pub Serv 4'% nid buildings of those two organiza- "a

102%

: By mae at ~34 w

{unable to find the murder weapon. Player of Alameda, Cal, who Was to come to work and a telegram gunnery ‘officer on the battleship: Aug, 2, telling me to report for {Missouri in 1946 when I was on duty, rece 8. 38 Ths to cass. the Missouri during its trip toifirst job. I was burned up when ge, 3 ara Rs

iports. Cmdr. Player: is one of «“Byt after being here a while

% pta ... Sik {ida ptd .... 82% 6 4000 pounds of Christmas pack15% ages for troops in Korea. The two-| 191; engine plane climbed above the Francis, the movies’ talking mule, -|clouds over Korea strait. There failed to show up for work on his 93 96 |was an orange sunset to our left. latest film. today as a result of . Yaa: ray 2 9 By the time we crossed the Korean| “too much high living” during the shoreline it was dark and the holidays. 13° 14 harbor lights of Pusan winked!

i hello. 3

1% |lights of Pusa 18 labove and dark below. é'4 outside and groaning engines— ———— ———m— Wi) the feel of flight and of void— U, S. Statement 31'4/ those were about the only sensa-| : 2, {tions coming to a man in the WASHINGTON. Dec. “4

{June and soon got a job but: “I never got to go to work. Commander Hever I got a letter Aug. 1, telling me

Served on ‘Big Mo’ He was

It would have been my

stanbul and other Mediterranean 1 first came over here.

hose persons whose nickname! ang geeing those wounded we

We talked over old times for a. ojad to be here to be of some And I think the rest of

We took off with a cargo ofiMyle Film Star Ili HOLLYWOOD, Dec. 26 (UP)—

Veterinarian William V. Kakim (said the long-eared star was suf‘Always Accept’ fering from “just plain gout, like

engaged in the invasion of Tibet,

supplies to Red armies in Korea. = te Formosa — and claimed : 1 to divert a large number of troops which had been

southeast ‘they have forced the

nations are as strong as Russia.

Both Senators are members of the U, 8. delegation to the United Nations. They expressed their views today in separate in-

LIQUOR, CASH STOLEN Burglars got five cases of beer, 12 fifths of wine and an undetermined amount of cash in a break-

terviews with the United Press.

satellites.

without Russia.

The pilot, Capt. Merle J. Lee, human beings get from too much

3" 1 28 of Berwin, Il, a Chicago high living, in Hollywood or any vl Ton “** ‘suburb, invited me to sil In~his other place. seat for awhile,

That's a priv-|

| Ne. 2 truck wheat, $2.19. After passing the harbor city| Ne 3 Te real was overcast Jo. 3 oats. #6. w & corn, AW Black! No. 2 yellow corn, $i.57.

~

26 iment expenses and receipts for the

{pilot's seat. Once a series of red|rent fiscal year through Dec. 21, com-

He assured Universal-Interna- : 1063 {lege frequently acorded to cor-/tional Studio executives that a Mu 287, respondents on iransport planes. Francis, who is insured for $100,-| 2 102 1 always accept but I'm always 000, was not in critical condition. been executive vice president | 2i% afraid I'll kick some knob with! f

in cases, moved and set up just \dpis Water com... itl 188 0 eet or hit a ceiling handle Local Truck Grain Prices where they were needed without *Indpis Water 4%. % pfd 102 104% with my head and set us awry. | —

(UP)—Govern- |

{ since 1949. :

Ralph J. Cordiner of New York, above, is the new presi- | | dent of the General Electric | { Co., succeeding Charles E. Wil- | | son, who resigned to head the | overnment's new Defense Mo- |

ilization Board. Cordiner has |

AT YOUR

Once they have “exhausted! Pa their patience completely and i [9 is & hopeless cause,” he added, “perhaps it will be desirable to, reconstruct the United Nations

Such action BECERRA

PUREX BLEACH

at. 19: Gal....33¢

Gallon . . . 53¢

in at a tavern at 453 N. Rural St. > end. 3 =

[A

KROGER

| | 1 { i | | | i i

1 } i

“Have you heard about

The CHRISTMAS CLUB

price on them,” one big | ©f raw materials, labor and dis- |active. ish now undoubtedly would mean peice operator said. # tribution, plus a normal profit.” Hogs 10,000; uneven; medium em by Arrrdi that OC a war” Fone > Anotiier looked. at his store | ap nat HOt OBIY goes for shoes, itiand Deavies around 30 esuts the long week-end. the mainland will be able to cut| Mr. Lodge said the Russians this morning, wiped his fore | Airs soneune ot Ad Hy I to $3175, neces Made Siofs Sweeping eastward |off. the Tovement of supplies I en » - » [40 «(8 Atlantic Coast was , some : ead and sighed, 3 ow + knaw a words before? {head choice, mostly No. 1, around for many traffic crashes. believe that the Chinese Reds had! “They are constantly doing all tao y 'Beer Year? [720 bounds down, $28; 20 to 219 Highways were dangerous over been down substantially [they can to torpedo it by weakThe big volume stores with pepe WHERE I shift cars 300 pounds, $20 to $20.50; choice a Wide ares of ibe Midwest. by supply probietus. in cy hip, “But we cannot do . the huge parking lots got the bulk jn my jdea-mobile. I had always NO- 1 near 270 pounds, $20.75; few The Tups 1948 Fall Forces Scattered anything about rebuilding the ! ; of the business, and food rolled ipought prosperous times brought /08ds Dig weights, near 350 toll fo Dig ee Shetvon: aly Generalissimo Chiang Kai-shek j,iteq Nations until we have re- pr out their electric-eye doors by the on more tonsil washing by the Pounds, $19 to $19.50; 120-to-160- ard ri st nas 10 ‘now places the number of Na- versed the situation as to mili. Hue ton. stronger stuff, \pound slaughter pigs, $17 to $18;| Ey at when S11 8c |tionalist guerrillas at 1,661,000! 7 "toot Nth the arrow # x |B choice near 160 pounds, $18.50; | ea were counted While these forces are scattered, |, i. iino fro "M CUSTOMERS LEFT anywhere But the beer industry says itisows 50 cents higher: choice 300 420 In traffic, 63 in fires, four Inher main strength is said tol ~ 8 Noscoy vestwarg from $10 to $50 at the checkout Will turn on its “educational” 1, 550 pounds mostly $16.50 to plane crashes and 124 miscellan- live in southern’ China. is re e * stand, Carry-out boys groaned, And promotional program next|g17.75; choice lightweights, $18 aol, . Chiang claims “close control” § i U : = wished out loud the closing hour YT for a bigger cut in the puy| Cattle 1750; calves 150, slaugh- The Weather Bureau blamed "O08 CRU FO rillas in| oviet Union would stop the run. window swag. ter heifers rather scarce, all today's snowstorm in the Kast ', . oi etching from southeast, THE newspaper KomsomolsThe stores’ turkey stocks, , AN a.» {slaughter classes active; steers on the cold wave which swept the|, southwest China. Because of kaya Pravda said today that Her- — _ chickens, and hams went in tons, ; NOW how prosper- ang mixed yearlings strong to- 50 Plains states and the Midwest. ,, Nationalists here believe bert Hoover's criticism of the +00 but they began to cut hard > mignt affect the beer busi- centg higher; heifers strong; cows } yesterday. The cold air collided Chiang is in a position to prevent | United Nations’ Korean campaign 13 candy prices near the closing hour| |S NOW & man ups the size of ryjly 50 cents higher; smail lots pa : 8 [vith a warm front from the STE 0A TOU ONC asion of indicated that “American plans : Rag Saturday, dropping first 25 per 8 malt tank, unless he goesichoice near 1100 pound steers . 4 |South, setting up turbulent con- I do-Chin if Washington willl for world domination are crash- 48 cent then 50 per cent depending Tom A hort beer o a “longisas: couple loads held near $35; Frank M. Grandstaff, Tennessee's famed com -convict, (ditions that dumped snow pio the ies as ling.” : —_ on how much they had left, x ut, come to think of it, hulk good steers and mixed greets his childhood sweetheart, Mrs. Mildred McConkey, 46, [throughout the Great Lakes re- oe it I never heard of a “long beer, earli ; : . r 4 A | If President Truman would re-| “If such a diehard imperialist 18 The Bread ‘Run’ But I may. There are a lot of Tos "Hoo 2235 pn a hi Shortly after biz anival abrihe Ft. Wayne airpart following his Par: | Chicago appeared hardest hit, [call the Seventh Fleet from the as former President Hoover calls : 30 GROCERS EXPECTED a run things I don’t know, o medium steers, $31 pon $31 = don from a life sentence. He composed the "Big Spring Cantata Six inches of new snow fell last Formosa Straits, they insist nsane’ the policy of Truman, : on bread, but they never dreamed And beer may taste a little Common and low medium mixed two years ago and achieved national fame. Mrs. McConkey said (night and early today. Forecast- Chiang could invade the mal. Acheson, Harriman, MacArthur — it would be as big as it as. Some salty next year. It may contain yearlings $25 to $31; good beef the wauid marry. the sx-prisoner “sHer he Jas o chance Jy prove ers expecteq three inclies Mofe to Tn ny a Sa south oC an Siggeats fe sxami. : 6 stores ran out, put in hurry-up some of cows, | himself. ! 0 s too e, calls to bakeries Po were Ee Ae ® dears of he heewers oh a, 50 cents higher: | . oy Ee ay der 10 inches China. ican mean only one thing—Ameri- i ting trucks over town on emer- and transportation. medium and good beef and Pusan Lights Wink ‘Hello’'— : Other Areas Hit Four Field Armies [can: plans for world domination —ll gency deliveries, Bucki '51 sausage bulls $24.50 to $27. in . * ¥ It was snowing also at Colum-| This, they contend, would are crashing,” the paper said. The Sunday stores took it on ucking Vealers active, steady; good and! Slick Witch Plane Boasts bus,” O., Pittsburgh, and as far threaten one Red field army, . 14 the chin. They ran as high as, THAT MR. GIMBLE who car- choice $34 to $36. east as Harrisburg. The weather-| which is reported deployed alon Austria 3 seven check-out lines. Their ries on the Jack Benny-Fred Al-| Sheep 975 fat lambs fairly | S man said the snow would sweep | the Indo-China frontier, and force) PRESIDENT KARL RENNER, Ss bread shelves emptied fast, before len feud with Macy's in New York | active, strong to mostly 50 cents, " y age rew 10 the Atlantic Coast. High winds its Withipawak rapnrined 10. Ma bed since tt poon, they had extra truck loads and has cross-bred a department higher; good anda choice native! caused drifting in some sections. One Nationalist official here Christmas Eve as a result of 1 hurried in. Still it was not enough. store with a circus, has taken a/lambs various weights $31.50 to| Commander of Troop Carrier Wing of 1400 Other sections of the country said the Communists were dan- over-exertion, is recovering satis-* 13 . 8. =» bead on the buck volume in 1951, $32.50; short 3 decks good and| f : Hd ’ had seasonable weather. It was gerously close to over-committing factorily, his physicians said to- = AND THE LITTLE store at ‘yy says it will be bigger. But| oct 35 pound fed wooled west. Affectionately Known as ‘Butch’ to Men mild and fair in Dixie and South- | their armed strength. He said the day. — 29th an nois Sts. actually had 1. didn't have tq warm up the s ; foad good and| By H. D. QUIGG, United Press Staff Correspondent {orn California was enjoying a Reds have four and a quarter 1 Ea ec SAL Pll ond hat ou. Every $0015 J Pond (d shor lambs ABOARD C446 “SLICK, WITCH" OVER KOREA. Dac, a8. cord breaking midair heat millon men, in tour fia armier. Germany " ‘business will handle more dollars. |, -: 4 8 shorn The old correspondents’ cry, “anybody. here from Chicago?” works h Of these armies, he said, one! A COAL shortage in n al oh . wid Joe sdlesmanager. It But I did like his respect for{ natives $25.50; hait ook Prime 5s ne So the Srew of this plane. Everybody here is from Chicago— any Shildien died in fires dus. and half of another are in Korea; has forced ah Sumany — . J 31 0 ereabouts. . | y Nobody shonld have gone {Bgutes. pe {slaughter ewes quoted mainly] Matter of fact, the whole troop carrier wing of 1400 men of (0f Mrs. Etta Saunders perished 3 Second 18in Tibet, 2na the ea port Shignents iy one ik hungry. | HE SAYS THE NATIONAL in. $10 to $16. | which this plane and crew are a part is from Chicago. The wing, In a fire that broke out in. their ne gid, leaves only half of one International Authorit for the 4 But, I suspect, a few did, be- come, yours and mine and 150 er {composed of Air Force reserves /Beacon, N. Y., home as their, nv for internal security, includ- Ruhr announced: oars -— ¢ause man and the world he has million others, now add up to Search Is Launched |was reactivated as a group early | partment 8/8Sgt. Leroy W. Sam- mother wrapped Christmas gifts. ino the constant fight against | 5 0 bt, i like that. now as always. §238 billions, up 10 per cent trom For Rapist-Mu vd in August. They've been flying uelson, 24, of Elgin, IIL, a flight/At Albuquerque, N. M., | guerrillas. India 11 Keep Your Gifts |last year, and that wages are Pp erer men and supplies around Korea engineer, talked with Cpl. Daniel children were asphyxiated during . . THE 16-year-old Dalal a 53 Pp : running $153,500,000,000 (bil- VALLEJO, Cal, Dec. 26 (UP) in their C-46 Curtis Commando Johnson, 24, of Chicago, the 2 fire blamed on short-circuited (Jnifed Nations “living Buddha” of Tibe Lama, pis tl . THE DEPARTMENT STORES jo" —An intensive search was on transports ever since. radio operator. Sgt. Samuelson, Christmas tree lights. a Tes, 18 Ties aa had their biggest Christmas. But wpa¢ the astute Mr. Gimble is '098Y for a murderer who raped| Your correspondent was waiting one of the few men in the wing| Three other children burned to| SEN. JOHN J. SPARKMAN from the Chin Co ws ay they were ready for it. saying is that the all-wool dollar ®Nd killed a 55-year-old mother in a passenger shack of an airbase not from Chicago, is an Afr/death and 13 persons were left| (D. Ala.) believes any immediate 0 se un: { Sales were running, with not, “o ino so chrink, and we're go- °f SIX children. lin Japan to board the “Slick Force “regular.” {homeless by a fire that destroyed effort to reorganize the United Bry marching down on his capial figures in from departments.’ 'Coon4 more of them, if we . The mutilated body of Mrs. Witch” when a familiar looking! I asked Cpl. Johnson what he two homes ‘near Cleveland last/ Nations by ousting Russia ame eports from Kalimpong said Between 15 and 17 per cent ahead | get them to spend. Nellie Bryant was discovered figure walked in—a huge dark, did in the last war and he said, night. doubtedly would mean war. The Dalai Lama is traveling to pL ast ear a os were running That's the average person's Yesterday by a neighbor, Mrs. tough-looking man in immaculate “same thing—radio operator on a And Sen. Henry Cabot Lodge, ... 0 nn a it of yelifig 10 ight. People pes Ta po trouble. Yours, maybe. Mine, of Robert Ramey, who went to the naval uniform with three stripes troop carrier in Europe.” N GE H od Jr. (R. Mass.) cautions that ef- preceding him and an 400 t ight. Were Wise 1o the fact course victim's apartment to invite Bet jon the sleeve. I called out: “Hey,| After the war he studied me- ew ed fort to “rebulld” the world or-i,, 0" these re iy at they might not ge to Christmas dinner. Butch.” He looked aroun ' startled chanical engineering at the Uni- ganization will fail until the free : ports

—

w A Combat Piles | BUY NOW FOR YOU AND | . — +..i He was a combat cargo pilot

“in the same kind of plane in the YOURS—a home of your own. ; ii: |CBI theater in the last war. Curtalled building ean lead to 1

gnalyst for W. E. Hutton Co, tions are not scheduled for com- Pub Serv of Ind som . Bo 38% semicircles appeared below—fires Pared with a year ago: _— (And if anybody knows, he pletion for more than a year. os Cer nl om 8 in bleak mountains. {Expenses .....$18,068.117.500 $19,813,157.878 . : should, . So Ind'G & E com... 13 1% “Look at that hill burning down Defer =i eae es Saarinen 1% Spending Units 3 Families Driven | inioxel-yan camp com Loo. 161s (Sle ther” said co-pilot Lieut. Ed- Gh OUR: 308450 35703 258.033 484.408 : ith th : br THE COUNTRY HAS 45.2 mil- . Tanner & Co sak pid ... 9 mund J. G. Ganey, 25, of Chicago.!Gold reserve. 22.795.539.557 24.427,00,510, fy } Wi ¢ _— 3 lion “spending units,” loaded with From Home by Fire SUS" Machine Co 3 sys Nobody up_here knows whats INDIANAPOLIS CLEARING HOUSE | : dough, or the stuff it buys. Fire, believed caused by defec- bnion Title one 8% 0fd .... 88 sey, DUrNIng and I'm not gOINE dOWN| creprings ........ ............ 5 5545008! .- : » 12 The Federal Reserve Board tive wiring, destroyed a frame : BONDS {to find out. | Debits nies +o 24,368,000 Ig van ages : i. a 8 *

crawled out of a pile of figures double house at Sahm and Mus- len & Steen 8s = oo Bastian A 5s a

today and reported the “spending kingum Sts. today. 4 Te units” family groups who throw| Families of Ike * McKinstery, Gunner Periitser 3o'38.

all their dough into the same Kitty yred Sanders and Howard Ander- Sonmbie Cup s 8 - to buy the big things, cars, houses, (son were driven from their homes citizens ind Tel 4%as A

oi tas Sil 4

EE a It Tl ap a er tat ees tel At Fletcher Trust you only have to make 25 deposits at

gL a ©3| Equitable Securities Sa "e on. | { L . . . : applistices, about half had an nd took refuge with neighbors in iii a any as oraduated|old economic law of supply and, two-week intervals — fewer trips to the bank for you. : i fa oS WES apr, a dom eee 2 : ¥ x = { { ithe last war ended. e n f - ABOUT HALF HAVE cars. Ten Attic and second fioor ore Ri bath a ::\tne University of Tllinois, was|the Real Estate. Classified ook At Fletcher Trust there are different plans to fit every | per cent with incomes o or gutted and furniture on the first Mjsaencs Nets igraduated, got a job, held it! for ¢ Tir lect a Si . fess have cars, but 90 per centifloor was watersoaked. | bile Service Ses ”... " ga Rt and 2h was called _— days your a budget — choose the one you like best: 3 of those with $7500 a year and No Sstimate of damage Was Tiction Terminal sa 81 i “¢ {back Tor the Korean War. '. range et Headset ~ . ___..up:have autos. javai able. | sisted Back in the fighter radio com- ! Sn ; i 4 ~ These “spending nits" Aren't RET ates Stocks | 8 ately | 7 $2 every two weeks gives you $50 much interested in buying nes I d Ww Hh I i i - | oi —— EE _.they cannot see, like stocks, oO ay S ea er. oO oCcas | $4 every two weeks gives you $100 1 ¥ bonds. Only seven per cent have | |

$6 every two weeks gives you $150 $10 every two weeks gives you $250

hed business shares. : } But they go for homes. About 21 million owned all or part of the roofs over their heads.

Slick Answer | A LOT OF THE BOYS are go-| ing to have an up' and coming apswer to price freezes. The, slickest came from the shoe industry. It explained that it “does not

- WATCH REPAIRING

No other laxative

At Fletcher Trust you can open your club account

gives you ALL . | —— 1 at any of our 14 offices — and you can make your these advantages - | bi-weekly deposits af any office. You can't beat that

for extra convenience! :

DHICIOUS ih: ho ie | y TOR RELIEF OF CONSTIPATION ~Join the thousands of your neighbors who are opening their ; 4

PARTLY CAOVWDY AND T ARIAY .

Winters com mor 0 tats ms waren TODAY AND TOMORROW Snow is of cold (

a LE hole