Indianapolis Times, Indianapolis, Marion County, 2 March 1951 — Page 46

W N 7 ‘ : ° X : w To es r - ’ : EAN ; Ra a ; : : . ; . i : PAY oles J rg : f - : - i my ke! BN ha fn AJ dy ! Bote : * SEER Aepwe . $e. s . 3 ws bu © y REE ~ A wt | D.. L A of the 3% per cent In“. . Ae IF 8 turn to posts in the n - : ! “AV IN GM Announces pur sers: > rant Car Bikers EEE ELLEIES * 9 6 | a ‘a or Fd \ ¢ 3 ih (7 Won't Be ‘Taken in’ = | wholesale ‘at $1500. The dealer| iW also w : WASHINGTON, Mar. 2 (UP)— 19 Price Hike polls 8 for S000, The fmaues | A r OB NESs on nh: hilip C. Jessup, U. 8. ambassador oT Iv jis s the price os SIOZ 0. Nn I | d 9-m EN : ¢ at large, said today after a eon-/ , 2 dealer can only sell the car for : In i : are reported opposed to wage 15 terence with President Truman Cost fo Consumer 8206230, an increase of about 26 Liv Cost Clauses poliey agency handling such mat- ap that the United States “will not h igh per cent over his list price, , but. Mr. Johnston is under- ** M"" Plan y HAROLD H. HARTLEY p ense I ers he taka ir" by Russia at thie’ Big Won't Rise That H Major automobile manufagtur- ‘Exempted F From Ceiling sic, stood to have an open mind on it. os Tim B E di t " By United Press - ers had announced increases The big effect of Mr. John- Hom es usiness itor | Four deputies meeting in Paris. WASHINGTON, Mar. 2—Auto-/ing from 5 to 7 per cent when the WASHINGTON, Mo. 2--Labor ston’s action was to remdve the - : : Fourth of Volume ““M¥, Jessup, who heads the small mobile manufacturers got the, price agency last Dec. 18 froze jeaders, placated somewhat by ex-|threat of strikes in key automo- _Two fam! THE COST-OF-LIVING index is pulling wp lame.... |. Of World War II ; U. 8. delegation’ schediled . to government’ Soahesd at] A So pv mods) ices at Dec. ption "of cost-of-living clauses Pile and electrical industries. The Burape, ah es to ers e ious It’s falling short of the figure it takes to keep a family By United Press |legve here at noon for Monday's per cent amid indications another from the 10 per cént wage ceiling, lb Sony fet ad were 10 . out of the poorhouse. | DETROIT, Mar. 2 -- General opening session of the Paris cor’ increase will be approved in May. ‘Hold Ex-Employee emphasized today that more con- cost-of-living increases were not ing Hoosier Labor. has suspected this all along. The govern. Motors announced today . it has ference, called at the White House. The Office of Price Stabllira-|, Big W Fi ciliatory gestures are necessary honored. . A Latvia .- "ment would'give ont obe fizure. and the wa i) Teceived more than $3 billion for final instructions. He was ac- tion's action means that dealer If Big arehouse Fire for co-operation. found roms % g gur e wage earner Still worth of defense orders—a fourth|companied by Undersecretary “of Prices to car buyers also will go| ARDMORE, Pa., Mar. 2 (UP)— We T N Fi T k through th keep running out of dough before-the next pay day. of the entire dollar volume of State James E. Webb, up, but not’ as much as 3% per| dis tied f ; . om ' Moving.to avert the threat of| own’ 3 New Fire True gee The official name of the: eh dii——— Wiittary goods it turned out ure The deputies will try to work ‘cent, Dealers may pass on to) was jagrun r the orme plopee strikes, Economic Stabilizer Eric Goes Up in Smoke arrive in i hical he C Brooks will get more than one Ing World War II. . out an agenda for a proposed Consumers only the dollars-and-| 0 grand jury Y|A. Johnston last night modified LCOMB, Ili. Mar, 2 (UP)- their new I myt ical figure is the Con- g08 call from businesses, caught! GM, world's biggest car and meeting of the Big Four foreign Cents increases in manufacturers’ on a charge of starting a 23-hour|the wage formula to permit the HO . The cou sumers’ Price Index.“ short with help, or piled up to truck maker, was the top Pro-\ministers to discuss and settle Prices: : ‘warehouse fire which caused near-| “escalator” cost-of-living clauses Holcomb's $10,000 fire truck, pur- Nikajs Vet v ,-» their ears with letters they've got ducer of equipment for the Armed ,,tstanding , East-West differ- Price Chief Michael V. DiSalle ly 81 faillion damage. in existing contracts to remain|chased just two months ago, went by a previo AND J. A. LIVINGSTON, the 0 8¢t out, or else. [Forres from before Pear) Hatbor (ences. sald the 3% per cent increase is * John Ryan, 54, was in effect. up In smoke yesterday when sponsored | economist, says that when the Aasna's Push-U | Pasldey C. E. Wilson and rem—————— “interim” in nature for 60 daysjat a five-minute hearing late yes-| Labok-had anticipated that ac-| a. 0. gestroyed a garage op 3033 N. index moves up just one point it p lent Becontrol in Hammond ‘and “substantially less” than|terday. Police said he admitted|tion since Mr. Johnston had rec- ted by Fire Chief Harold Hille ticn with t costs employers and employees . AETNA LIFE INSURANCE Is Board Chairman Alfred P. Sloan actual increases in manufactur- setting four fires in the four-story ommended the modification to the | ®' y Te Council. P about $20,000-an hour. sailing along, and laid $49,925,780 outlined General Motors’ part’ of WASHINGTON, Mar, 2 (UP)— ers’ costs in the last half of 1950. structure which held furniture, Wage Stabilization Board Tues-| lard. r here as a I If you run that into a year you on the shelf in new premiums last! the national defense program in a|Housing Expediter Tighe B. Woods, Mr. DiSalle said his agency is paintings and other valuables of day night.’ But the board could| The town’s volunteer firemen, Hu get something like $40 million, Year. [Preliminary statement in advanceitoday ordered decontrol of rents working as fast as it can “to pro- wealthy main-liners. . not act because labor members attending a lodge meeting a block Helen Ve And still that isn't enough to That's'the word I get from per-| fof the forthcoming 1950 annual in Hammond, Ind.- The action vide a compreherisive: pricing] “They gave me many a head- had guit. away, formed a bucket brigade, band was ) boot the wolf away from the sonable Paul M. Williams who Ireport. : |wgs taken after the community formula.” Presumably it will be jache,’ so I thought it was time I| Some labor men said that a big but couldn't save the truck, two Pot. Vetr door. . runs Aetna’s general agency. here. Not All This Year {passed a resolution declaring no ready at the end.of 60 days, {gave them a headache,” police|step the government could take|automobiles, two tractors and a c ter A ns With last. year's premium lift, ney pointed ut What most of housing shortage existed, | Mr. DiSalle gave this illustra- quoted Ryan. ito .get labor representatives to|school bus in the garage. ay iii te aL , SO THE government's fefigur- Aetna racked up a total of $31a; {he Projects included in the huge Papi ing ithe cost of lying. Things M8847. And FPagl, Willer ‘aling=up or “make-ready™ wiuge, 4 -before the have béen added, shifted from Pushed his owh prem mse 0 $3 billion wasn't an estimate - a distingui; luxuries to necessities ince the for ordinary and group business 91 what could be attained this “ serving in & last rating years of 1934-36. last year up 13.9 pér cent. year. * public hea The average wage today Is ; a. - served as pr $3500, It was $1500 in '34-'36. But| IN THE FLUSH of such public Messrs, Wilson anid Sloan said Red Cross. the government forgot to add in Acceptance, Aétna's surplus rose of its defense orders after the The ship television sets, frozen foods, to $68414.221, up $2,444,997 after ete os emergelicy had. been de United Stat canned baby foods, and gas fur- transferring five million bucks clared’ by Re Truman Dec { in New Yor naces, not to mention such ab- from surplus to meet the stock 16 1950. 4 i The secon solute essentials as home per. dividend of 1950, Ab is the Schw ‘manents and group hospitali- Aetna’s assets are pushing hard mt or Jie Deen Siovalized 3 live with a gation. toward the $2 billion mark, exact of the total dollar volume, GM 3556 College ® nn figure $1,812,314,530, with nearly sald 35 per cont ‘were ems it! : Mr. and UNCLE SAM'S : new system $170 million added last year. was building for the armed forces and their : won't be ready until next year, | All those long figures make me ,, qo the Korean War broke out, || # have spent But you can tell the govern- dizzy. But they mean Aetna's ,, ., 55 aircraft propellers, bomb- suffering ir ment’s plenty suspicious of its Pusy, and that’s what counts. | opts navigational instruments, yar me own figure from the way it's eas- {diesels and jet engines. cam Ing off the wage freeze. Chrysler’ s School J Hela an Jet engines. oar el a chance t Two million wage earners have YSLER'S NEW fast-and- (accounted for by products similar : their pay checks tied to the in- furious Fire Power V-8 engine ist; jtems made by Phe company ot LOOK! FAMOUS BRANDS! i dex. getting a going over by agency civilian distribution—trucks, staff | « tec And they don’t fool. mechanics up at C. H. Wallerich’s, cars and parts. In most cases, aulomonie |950 N. Meridian St. [these orders can be filled this 2400 YARDS OF BE] TER . $3 Billion for GM Chrysler's revolutiénary step-up] year it said, * | x : GENERAL MOTORS has $3 to 180 horsepower and power, = To Build, Convert Plants billion in defense orders on the steering, plus its velvet- smooth] The remaining 55 per cent gov- | . LL ThooKSs. {torque converter were followed up jers guns, planes, tanks, projectiles Tt TIE TE hs Ch. ASVIEVES SEs tPAIhInG courses for the men ahd new jet engines. ‘These are rT ns : IRE : : : are confirmed orders. And most in the hack shops who will keep the orders for which new plants vo I 5 Si : is of them are in the tooling up or them running. 'must be built—or for which ci- |} + ° ACTUAL 59¢c UP TO é9c YARD VALUES : & make-ready stage. Two-thirds of “a: "nn : |villan plants must be ‘converted to’ £ 80 J. F: FOX, Chrysler's re-|\war production. » EVERY YARD STRICTLY FIRST QUALITY -

the $3 billion was not placed un-

til after Dec, 16 last, One example Is aw s big order

gional service manager and Wil]

A SPRING SALES

‘taries and stenographers

All of GM's 34 manufacturing !lan E. Walker, district service for Air Force Thundcrjet fighters

divisions are in the defense busi- |

“ness. Thirty-five per cent. centers

around aircraft propellers, bombsights and navigation instruments, jet and diesel engines. - Then GM will deliver a volume o¥ products closely identified with |

. what it already makes, such as

trucks, staff a SChrysler's new power steering, aff cars bearing 49 and the changes in its torque con- | plant’ at Cleveland which has been ]

verter, IN THE THIRD oLASS, GM |i - The inside word is that the storage center. will make products’ not made in| Chrysler: pace ‘car this year has

electrical equipment. LH

time of peace such as tanks, |

planes, guns, projectiles and Sap |

phire jet engines. For these either

new plants must be built, or old

plants be converted. The announcement made by and Alfred P.:Sloan Jr. looks to| me as if there is hardly anything in fighting equipment which GM | will not; or cannot make: And to show you how fast war production is really moving, I'l give you the figures.

» » - DURING ALL of World War II GM delivered $12,300,000,000 in equipment to the government. And today without a big war, GM already has about one-fourth of its entire World War II production on the hooks. I saw a March of Time movie the other night showing what the Russians had in 1939. It-scared me a little. And I'm glad GM is in there pitching in a big way today. 1t makes mefeel safer.

‘Our Miss Brooks’

IF YOU HAD to write a thousand letters, and wanted them all to look quite personal, how would you go about it? I don't know what you'd do, but I'd call Martha Brooks, of

the Brooks Business Service at] 525 Circle Tower. That kind of

a job would be apple pie for her. She takes office "overloads. When correspondence piles up, and mail gets behind, she takes it on with a crew of Grade A typists, turns. it out overnight, and on holidays and Sundays. ” ” n THE LOBBYING associations have given her office a spin during the meeting of the legislature. Secretaries rush out daily bulletins to their members to tell them how this or that special bill is progressing, and what they can do to stop it out in the counties. She gives extra work to secrewho are married and want to pick up a few days work. And when a stenographer wants to buy an Easter outfit, she can pick up the extra bucks working evenings for Miss Brooks. ” n SHE HAS THREE electric typewriters, and has a fourth on order. And they can turn out 12 sharp carbons,

.A_strange business this is But

{before “the - Real that controls won't have an! sald they

representative, bought a mobile service unit. to the Wallerich! agenty where more than 50 area Chrysler service experts are tun-

ing up their own know-how on|

this ‘new fast-as-the- wind powerplant. : And that includes Hydraguide,

{been #locked at 120 miles an hour,

Still Building IT WAS Sng NEWS to ‘hear Arthur Weimer say yesterday |

| meeontharles EB. Wilson, GM president, that home building is still rolling

He's one of the best- Rim men On housing in the country. And he says all the regulations {have hardly scratched the paint off the housing industry.

tJ » ” "HE DIDN'T SAY, in his talk Estate Board,

effect eventually. He haven't done much so far. He says this is likely to change. So the tip from the able business dean from Indiana University is if you're going to build, get going, now,

100 Per Cent THE LIQUIDATING trustees |of the old Fletcher American Na{tional Bank announced ay that Coupon No. 20 is ready to be paid. And means

that ‘means a lot. It the trustees, Otto J. Feucht, John P. Collet and Wi¥liam N. Fleming Jr., have hauled the bank out of the hole 100 per cent. And many banks which went down in the depression quicksand took their depositors money with them and the depositors never got it back. The trustees have a pat on the back coming for seeing a tough deal through. It's good fer the town to know we have the talent to do a job like that.

All the Way C. S. OBER and the Pacific Mutual Life came up today with

three group policies. And they were, he said, unusual. The policies cover employees. of Business Furniture Co., Stationers, Inc.,, Stewart's, Inc., and the E. J. Gauspohl Luggage Co. In these policies no assessments are charged to the employees. The boss pays the bill, all of it. ” n ” AND THEY ARE covered with $1000 death payment, double indemnity for accident, 70 days in the hospital plus all services, surgery, X-ray, medicines up io $1500. The surgery limit 1s $20 Employees can get aboard Soo: 90--days-—on—the. payroll,

and. ern states,

{which will bé made at the plant lat Kansas City, Kas., now turning lout Buicks, Pontiacs and Oldsmo-| biles. Another is Cadillac's light tank —one of the first major contracts assigneq to the auto industry. The! luxury car division soon will be rolling out the tanks 'in'a wartime,

jused since World War- a as a

General Motors now has 12,000 | suppliers. In World War II that (figure jumped to 19,000—spreadling the task to tiny shops and |big factories across the country. In World War II GM turned out {$12,300,000, 000 ir in Weapons.

Hog Trade Active, Prices Strong

Choice Loads Sell at $22.75

Hog trade opened active today at the Indianapolis Stockyards with prices strong to mostly 25 cents higher.than yesterday's best time. Hogs, 8000; bulk choice 170 to i260 pounds. $22 to $22.50; several loads, $22.60 to $22.65: few loads! choice ,No. 1 near 190 to 230 pounds, $22.75; few 260 to 290 pounds, $21.50 to $22.25; 120 to 160 pounds, $16.50 to $18.50; sows sharing advance; most choice 300

to 550 'pounds, $18.50 to $20.25; few choice lights, $22.50 or more. Cattle, 400: calves, 300; all classes moderately active, about

steady; 1 load choice 1155-pound steers: short prime ends, $36; small lots commercial and good yearlings, $29.50 to $32.50; odd head choice $34 to $35; heifers virtually absent; utility and commercial cows, $23 to $27; odd young individuals to $28. Bulls steady Utility and commercial bulls, $26.50 to $30; good and choice absent. Vealers active, steady; good 'and choice, $33 to $35; bulk, $34 and above; common and medium, $22 to $32. Sheep, 500; supply mainly a load good solid mouthed breeding éwes, held near $23 to go back to country; only a handful native lambs here: few lots medium and good steady at $37 to $38; slaughter ewes quotable steady at! $16 to $22.

Greyhound Drivers

Strike on Coast %

SAN FRANCISCO, Mar. 2 (UP)—AFL bus drivers went on strike today against Pacific Greyhound lines in a dispute over wages, crippling service for 100,-§ 000 passengers in seven far west-

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The 3600 Greyhound bus drivers and station workers voted to, * strike in California, Oregon, Nevada, Utah, Arizona and New| Mexico. The walkout affected con- | nections as far east as El Paso, |

Tex, |

U. § “Statement

| WASHINGTON, Mar. 2 (UP) _Govern- | ment expenses and receipts for the cur-|

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