Indianapolis Times, Indianapolis, Marion County, 4 February 1951 — Page 38

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PAGE 38 ______ THE INDIANAPOLIS TIMES __: :

orth Side Homes Now Have New Owners Realtors Seek to Help J Bish REE : ~~ U.S. Find Plant Space § Seen

Make Spot Checks | bat Ce ested tx etosa worl Supp

“Oulook in the Notion— a These Two N | Prices, Wages || “ssiioR { Still Confusing

wig

Policy to Be Determined In Case-by-Case Decisions °*

By J. A. LIVINGSTON THE United States is still in the sixes-and-sevens, the| tooling-up stage, of rearmament. And more and more the importance and the difficulties of Eric Johnston's job, as Economic Stabilizer, become apparent. We must get out munitions production fast. But that SE depends as much upon maintaining men in plants—avoiding| "| 4 strikes—as it does upon pro. —— rr -| viding raw materials and new, Ape SWS ney. duns ay. |

machinery. ’ On paper, the agreement seemed The recurrence of “sickness” favorable. Increases were granted

strikes on the railroads Indicates|to all operating employees — In| + Mr, and Mrs. Miller B. Jackson have purchased this home at the kind of problems Johnston|varying amounts. A cost-of-| 3830 N. New Jersey St. from Mrs. Cora Rickers. Mr. Jackson has

and his associates will have to!

deal with. In late December,| Presidential Assistant John Stee man announced an agreement between the heads of four railroad]

| However, . brotherhoods and spokesmen for get owever, ilis Yarden did sot x 1 the railroads in a dispute which with overtime pay on the sixth al Nn p S had lasted for 22 months. /day. That, they regarded as a The terms were rejected by (basic grievance: Why should they

. : ] » the heads of the railroad locals. |be denfed what most others work- Livestock Recei ts Apparently, the leaders were (ers have? There's another angle,

repudiated or they signed an too.

cent an heur boost,

: Railroad workers, like an| Lambs Set New Keep-Up-With-Jones workers, want to keep up| R rd H Gai ecord, ogs ain with the Joneses, And the railroad workers have not managed,| . . either since 1930 or 1046, to keep pace with workers in other in-| CHICAGO, Feb. 3 (UP)—Hog dustries, They've lost economic caste, as the following tables prices spurted past parity, while : . 2 lambs set a new price record at

Mrs. Adele Gordon is the new owner of this ho Central Ave. She purchased the home from Harry W. Heidergott, engineer, and Mrs. Fleidergott. The house has three bedrooms. |nq*suggested that a “Plant Site The: American Estates Co. handled the transaction. The salesmen Board” be established. were Richard Leppert and Bob Dinn,

living adjustment was provided| been transferred here from Calumbus, O., by the New York 1 /for. And 120,000 workers In rail:| Central Railroad. The house, with three bedrooms and bath, was road yards were awarded a 25-| sold through Fieber & Reilly, Inc., by Eldon (Al) Alig as broker.

(Continued From Page 37) for areas covering as much as 100,000 square feet of floor space. This condition, multiplied nationally, formed the basis of the association appeal to Washington. “Such an office would mean great deal to Indianapolis,” Mr. Kuhn said. ’ The society, with a membership of more than 360 industrial specialists, outlined the proposal in leters to National Production Authority and Public Buildings Service. . It pointed out the society's fav-

os of 44) |orable position for making spot

chefks and surveys to provide a planning basis for the agencies,

Most recent developments on

y ~

the Indianapolis scene were plans for transfer of the Army Finance Center from St. Louls to Ft. Har-

rison. This raised housing and

building questions. ; Also established was the Office

a(of Price Stabilization.

Deals actually closed with the government are often far below the number of requests received, Mr. Kuhn said. This is attributed to the “lag” between government planning and final execution, especially when new agencies are being launched. It was pointed out that a board with supply and demand information at its fingertips could serve to expedite the operation. Mr. Kuhn is currently serving

as a district vice president of SIR.

BUY TODAY

‘Distrib Of Lal Is Big

(Contin in short su over clamp made on bi ing materia)

JOHN (© Cormick Ia president of & Builders “Common supplies sh June at Ie concerns ar sonably nor The shortag steel goods, plumbing. | hibitive use line lead-ins ready exper galvanized p CARL Ra gut Hardwa est hit in b cluding nails a fair stock in 60 to 90 d; THOMAS tary, Bfirnet ~—"“If buildi summer it because of I

8: Bgicate Recent the stockyards this week. . y vp i i X Weekly Increase | However, the rail .tie-up cut [ h H Y WwW ll N d ¥ fh Industry Earnings Since '39 Since 46 down receipts of livestock in the e ome ou 1 ee or LT Class I RR $64.54 + 108% | 267% last few days of trade. 3 : : : W. L. BRI Steel . 68.82 +130 +43 { Cattle, also, moved upward in . % 9 8 ; iF % Lo WiL. Bridge Auto is 75.05 +128 +49 a market, which “threatens tof i : ; oh 2 BR RK ; — “With eutt Bituminous Coal 73.57 +208 +27 |come to a standstill on Monday, : : Ii .of “houses to Metal Mining 70.93 +145 +51 {if the railroad strike continues. ; \ come, Somew Printing and Publishing 76.93 - +137 447 Cattle receipts were cut near- : ; ot - r Sg supplied wit} Construction 78.33 +158 + 39 {ly in half as compared’ to a week * pA ! ’ “in : ? % r gl We're: alrea Petroleum. . CSP a a +144 +48 ago, and all interests were forced “ IN THESE TIMES OF INTERNATIONAL ~ you and<ydur family a secured haven . debpite the f n its first major decision on how to administer the w to buy for numbers even hives 3 ; tami > : reeze, the Wage Job eiaion — RE, ee ————a th We wage plied to the East were curtailed. | UNCERTAINTY and shortages, due to against outer tribulations. . . hi slowed Mm Board faced this very problem. But that would have barred the! All slaughter class sold $150 war preparedness, it is more important BUY YOUR MORE SUITABLE HOME : ‘ : IE ins Originally, the board held that $1.60 wage increase in the coal/to $2 higher, except bulls waic ; 2 : ' . TODAY, . : «8 inly wages should be frozen at levels industry ge brought an imme. traded 50 cents to $1.50 higher. | than ever 10 insure the, security and hap Lb vital DOCOUSS he upd nxpanion of ; . "business. ‘Dis prevailing on Thursday midnight, diate row with John L. Lewis and Stockers and feeders were fully piness of your family. A: more suitable : , I : _héaters are b Jan. 25. this United Mine Workers, |30 cents higher. home is the best insurance you can pro- ing thousands of Silled workers during : avs Mi : « . | Hit $41.50 Top . . ese newcomers wi . y . Toward ‘Litile Steel’ I board then decided that! | geveral loads of prime steers vide. A home that has more con- be buying homes. So, you will be wise to Gr ———————— dent, North § Dor to'Jan. 25 wage contracts negotiated oq at $41.50; most prime steers veniences, that is in a more desirable. choose your home now while you still have Z g Whe Ine BO ns er aay. That let Lewis in under the wire. In-land yearlings $36.541; cat 1667. location, is the home that will provide a wide variety from which to choose. g ON THIS PAGE rise g To i They argued that any “stabilization order must have a cutoff Fore Wo Ble HAT re steers EXCEPTIONAL RANCH g : gre Just '§ holds _priorit date” and that therefore the board should stick to the original de-| gq; OE commercial to low: HOME. White painted S. a few of the MANY % can’t be secu termination—Lewis or no. Then,|—— en | good kinds 820-831: small lot! brick, in ‘wooded tract E HUNDR 2 -As-a rule, p if the ruling is modified, to correct workers a fifth round Increase.| prime heifers 837.50: load choice in Canterbury. With 3 = EDS of home = and you get { inequities, Lewis could apply for That, incidentally, would permit ¢, prime 1001-pound weights bedrooms, oil heat and £ values you will find of- = manufacturer relief along with everyone else. the railroad workers, when they gag 7s and most good and choice many modern gadgets - 2 try have a | What will emerge fs a ruling finally come’ to terms, to get their|paiers $30-836. ond conveniences de- fered for sale in the Real 2 Lumber is similar to the Little Steel A granted. The dates of| ad val kinds, | scribed in the ad, this JOHN STRANGE DIS- eis = good shape, ¢ of the last war. All members of agfesment then would be less im- , Utlity an Fommencia 50: util- home sounds swell! See TRICT. Family home, this Estate Section of today’s = better quality the board are hoping to develop a portant than the surrounding cir- $26-$29.50; good eove:3 : 2375. Classification 42. one is beautifully de- Times. = is tightening standard which will allow all cumstances, the equities, involved. ¢X aha a ER . signed for a family with : = B. J. FORS . | ils ADT i . Fora G. Sargent » The entire prob- and cutters $20-§23.50; light can-| active children. = = Production af Postwar High lem of price and|ners down to $18; utility and complete dasetigtion und. i TURN Now TO = going to ha wage stabilization 5 still confused and unseftled. Both the Office commercial bulls late $26-$20.25; the deen 42. = PAGES 40.41.4243 = Hi aor of Price Stabilization and the Wage Stabilization Board need man- 800d and choice bulls $28.25- in Class = . 2 refusing bla power—staffs—to handle problems as they arise. : |$28.75; medium to choice vealers EB “ 3 every day.” ~_. Policy ultimately will be determined in case-by-case decisions, late $35-$40; cull and common Ti TE W ONIX both in Washington and in the '$25-§34; medium t§ choice feed-| Co. Inc. —"We

field. Thus, you might say that orders on hand will take an aver- Ing steers and yearlings $30the tooling-up phase of economic age of 12 months to fill and in|$3450 and a few low-medium| stabilization is far less advanced many cases some of these items, stock steers down to $29. than the tooling-up of war pro- such as heavy presses, will re-| Hog prices were at the highest

duction. {quire 18 months and more to levels since September, although

Industrial production has build. {the strike tended fo slow Hp trade

Just pushed up to another post- A Meanwhile, the big squeeze on after Wednesday. war high, 20 per cent ahead of |civilian production is still to come.| Butchers, sold $1.50 to $2 higha year ago. Steel production is [Auto output last month was estl- op with a closing top of $1.75, running at the rate of 100,000,- mated at 500,000, as high as De- and.sows traded mostly $1.50 to 000 tons a year, and plants are cember. The prediction of wide- $1.75 higher, instances up more. expanding capacity so rapidly spread unemployment in “Febru-| Most 180 to 230-pound butchthat the goal of 120,000,000 ‘ary and March, because of con- ers, $23.25 to $23.50, scattered! tons, expected in 1954, may be {version to armament production hunches, $23.65 to $23.75; most achieved in 1952. {now appears overdrawn. . {240 to 270-pound butchers, $22.25 “And orders to machine tool] But disemployment and indus- to $23.25: 270 to 320-pound companies have reached the high- trial disruption have resulted weights at $21.75 to $22.50; sows, | t point since August, 1942 from -the unexpected and organ- 450. pounds, $19.50 to $20.25, thich was in the early days of ized illness of members of the|jjghter weights, $20.50, and 450) the get-ready’ stage for World Brotherhood of Rallroad Train- to 600-pound weights, $18.50 to

War II. Unfilled machine tool men. : 1810.50. Drastically reduced receipts of The Week in Business— sheep indicated a forced market

{locally and at 12 other points with all classes higher than the

Stores Here Feeling [mes wi odonin

Top wooled lambs reached $38;

an SD: ’ ; Cold Snap ‘Pinch IEEE

A . A . | Grocers Join Wail as Weather Wooled lambs, mostly fed : ' westerns, bulked at $36.50 to Puts ‘Freeze’ on Customers 837.50; shorn lambs No. 1, skins (Continued From Page 37) | And whose personality is it? [0 summer shorn, $32.50 to $34; conditioning and ice-making ma-| ye says it's the add-up of every scant supply native lambs, $30

clinery = the b] a {to $37, mostly $35.50 to $37; with y person in the place who sees or supply inadequate for demand! | RICHARD STROEVEIR 20 talks tc a customer. {most slaughter ewes, $20 to $24,| his restaurant at . Penn St. land bucks, $17 to $20.

last week after years of success. If they make it a pleasant ex- a A Be His little secret of quick lunch perience, the customers come pAyS EXTRA DIVIDEND

customers who kept coming back back. And that's what happened | CHIC ’ TPL is that a business has a person- in his place—they kept eomingl, SOI-AUDE Feb, 3 OE

ality. back. declared an extra dividend of 50| : . It may be hard to imagine how the cents in addition to the regular Health by Wire American Telephone & Telegraph Co. quarterly payment of 50 cents on| could have anything to do with helping you live longer. {the common, both payable Feb. 27)

But it can. And that's what it is trying»o do, right here in 0 holders of record Feb. 15. Indiana, lke this: . ent, Doctors in Indianapolis and about -22 Indiana counties on Tuesday will sit in on a one-hour; —— pres r—————————————— telephone conference hetween two vascular diseases of the National of the top cardiologists (heart Researeh Council. men) in the country. | “With him will be Dr. Edgar AlIn Indianapolis Dr. C. J, Clark, jen, associate professor of Inchairman of the post-graduate ternal Medicine at the University committee. of the Indiana Univer- of Minnesota Medical School. sity Medical School, along with! From Brookline, Mass., will Dr. J. W. Denny, chairman of come tHe learned voices of Pr. post-graduate work: for the In- Howard Sprague, president of the diana Medical Association, ar- American Heart Association, inranged to bring together the fore- structor in cardiology at Harvard most living authorities on cir- Medical School, along with Dr, culatory diseases. en Samuel A. Levine, senior assistant

In the telephone hook-up, linked at Peter Bent Brigham Hospital

two ways to loud speakers here and in Brookline, Mass. and .to the Mayo Clinic im Rochester, Minn., four noted doctors will discuss heart ailments, with. Dr. George Bond of thie staff of the IU Medical School, as moderator. On the Mayo end of the line will be Dr. Arlie Barnes, professor of medicine, Mayo Foundation, and head of the section in

in Boston and clinical professor of medicine at Harvard. Over Indiana the doctors will gather in hotels and meeting halls to listen. From the auditorium at the Medical Center the doctors may ask questions submitted in advance, And if the Hoosier doctors listen, and learn, through the long lines of the American Telephone

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on plaster bo ware, glass, i ness, mainly diversified w averages will RILEY president, ' SI Heating Co. | hit by lack tubing in r: we are worki ALBERT J Zickler Plum “We expect | be rough abc have a stock of bad weatl work has pr standstill.” LESTER / manager, 8 Supply Co.—* to meet hot ments in 1 slowups in d blocks becau labor and ma lays in brick like last year ELLIOTT sistant to ge zens Gas & production ca to take man year 3643 nev service were to that was ¢ 40 per cent industries ove

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Nights and

Whether or in nee