Indianapolis Times, Indianapolis, Marion County, 8 May 1951 — Page 13

| bankruptcy. 1glo-American rious enough the Big Four {cans. . ationalizationof contract is

ritish Empire y 1s this trus {ting to see

g to kick the ary base, the

it can save essential oil ne with the k and close that area st completely tes involved, Conservative ly concerned.

to say it."

So «Q -

vy, but in my vy if he would , New York, n have urged y they would and the like r worthwhile

mind is this. his parades 1g back from hat a shame much honor r general so stimation as know, 0 Caesar the hings to God certainly got think he was

t at the ball ry low we can that was it.

and, City.

plors + + . of } a guardian od -and true . or Unifed respect from ne . . . may . « may He 1d may dear ne to city or message . . . + +. that a n each place Burroughs.

NS

Day with amid war

Aneurin » haircuts.

ommentaling at us

ceiling on ‘b beefing

basketball tion in a inder-paid

arrange a facArthur

e Defense 88.

Hs as well 'e to stay.

Reena sae iain as aet tases ri teu itoaunIeReReRetEeerasEaneeenEIIIeRuneuaiEouatuIsaIIIsentaenRItitOY

d

t agency in ressed alarm

quite a bit of suggest that ng should be ‘acked, and y we cannot es of crisis.”

mber eaid, nagement or of their own Lge, decide to he-wisp subive bargainn remember 1 labor not freedom but re when they fer mutually 1 under congovernment.

stabilization dification of gaining,” Mr. management rve and aug\t strength, nose modifirotiation. To 0 forget ‘the history and e the larger are now en-

guise

J HAROLD -H. HARTLEY Times Business Editor A QUEER GUY is the borrower. He lives backward. When he’s making money like mad, he borrows like mad, burns the coin candle at both ends. But when the boss lays him off, he tightens up like a clam, detours the finance companies, to stay off the hook.

The advertising reads the other way. It says, “Let us

help you out of your trouble,” —————————

) #hink what it would mean to That's when the borrower DuPont has a product

drapes.

sturns his. back, when he's named “Erifon,” and “nobody but Plowed into the rear of their car

low on bucks, . ‘ “ ” » I'VE BEEN TALKING to lenders. They tell me there are two reasons. . One is that when he doesn’t have a job, the borrower has a slim chance of paying back. And the other is that he knows it, and trims his budget and reels in his

DuPont knows where the name came from. )

8 » ” BUT THEY treated a chenille robe and a heavy drapery with “Erifon” and found they wouldn't burn. And it won't wash out, stays for the life of the cloth. Put into clothing, think what a comfort it would be to the moth- : ers of children who insist on borrowing habits.

You'd be surprised at who bor- Playing with matches. rows. It’s often the guy who has Coal—0il more cars and TV sets than you! HERE'S A WAR which never do. And maybe he's the big boss ends. A hot one, too. = at a factory, or does the hiring It is the running javelin-duel or is foreman of a production petween coal and oil. I watch the line. They borrow bigger, up. to coal industry's bulletins. The one £1500. today is quite plain. oon Beir It says, “We don’t need foreign BUT THE LITTLE GUY 18 "oni oan meet fuel ey the sweetest meat when he's on pe a regular payroll. For “touches” WHAT the coal boys mean is up to $150, he pays 3 per cent a that they want oil to play the month. Over $150 he gets it for game ®n American ground rules 1!', per cent a month. ~ and stop importing. Then it says: _ Borrowing is a habit. The fi- “The coal industry of the United nance companies have “steady States had pleaded repeatedly for customers.” relief from the ‘dumping’ of forThey keep. borrowing, and pay- eign oil.” ing back, then borrowing again, What the coal operators mean all their lives, pedalling away at is “let us do the heating. Don't the 3 or 1! per cent, and seem bring in foreign oil. Let us pay to like it. the wages here. so the money 7 8 2 will be spent at home.” 1 WANT TO TELL you about the “plain signature” loan. The signature is “plain” enough, but that doesn't mean you drop in at

n n n THAT'S good reasoning. But they don't mention the real one. They sell coal for a profit. And

lunch, pick up 100 bucks by they would like to sell more for ~ vour name on the dotted more profit. Pins 3 And who'd blame them for

They always check your job and that? your income. They have to. They Ersatz may try it “blind,” by not telling yy BOTHERS me your boss who's calling. : abdut controls. They'll hold prices Chances are the boss will tell in line fairly well, mayhe with the if you're on the payroll, but he'll oyoantion of meat. balk at telling how much YOU, put manufacturers, I am told earn without knowing who he iS yy Robert Sturgeon, Earlham Coltalking to. It could be, for all lege economist, with the OPS, that

THING

he knows, just a nibby neighbor. theip ceilings allow them to wig- : They can compete, and they PY the

2. 4 =& x gle. THEY LEND to couples who costs to lower prices. want to get married, sometimes # » =a : keep on lending. And they lend THIS MADE ME think. One to people who have to make a thing ceilings do not control is car payment to a loan compauy quality. But they try to control

* competitor. That's borrowing profit margins:

from Peter to pay Paul. What is to keep a manufacturer There's -a clearing house. Most jn a scarcity market from makcompanies belong. They try -to ing more profit by cutting quality? hold a guy to two loans through It happened before. the Indianapolis Exchange, Inc... I remember the men's suits, where they keep tab. flapless pockets, narrow lapels

A and no cuffs. THE ROUGHEST loan, I sus- - ! pect, is the guy who gets nicked stuff they made them of was like

And some of the of 1418 E. Raymond St, and

10 More Hurt In Traffic Mishans Here

Eight of Victims Are Hospitalized

Ten more persons were added to the Indianapolis traffic casualty list following three serious accidents last might and today. Eight of the victims were hospitalized. - A mother and daughter were hurt this merning when-.a truck

at W. Morris St. and East Drive of White River Pkwy. Taken to Methodist Hospital were Bertha Cunningham, 67, and her daughter; Mrs. Norma Hastings, 40, both of 59 N. Hamilton Ave. The mother's condition was seri-

r

ous. Struck by Gravel Truck ° Their car was struck by a Pp r gravel truck driven ony Joseph romo ion o Hayden, 47, of 930 W. Burdsal

First ‘Non-Com:’ Direct Under ORC's

Pkwy. Wilson Hastings, 34, had stopped for a red light when the truck crashed into his car. Five persons were injured when a car was wedged under a semi- members .f the Tank trailer at Meridian and Morris Organized Reserve Corps. Sts. early today. Charlas R. Barnett Most severely hurt was Osborne King, 30, of 1515 College Ave.

under the ORC's new Now qualified enlisted

reserv-

. . ists who have proved their ability, Indianapolis may advance directly to the highTraffic Casualties est grade for which they are . qualified. (126 Days) This plan also provides that a 1951 1950 qualified civilian without prior Accidents ..... 2628 2736 military service may be" enlisted Injured ....... 1136 978 directly into the grade for which Killed ...v.... 25 25 he is qualified.

Se The occasion also marked the His right ear practically torn departure of Capt. E. Earl Jusoff, he was pinned in the right tice for a tour of extended active front seat of the damaged car. duty, for which he had previously When freed. he was taken to St. yglunteered. Vincent's Hospital where he is in : : a serious condition with internal in- Stationed in Kansas juries. He also suffered head and hip injuries. In the same hospital:

Capt. Justice is now stationed at Ft. Riley, Kas. A veteran of World War II, he will have nine Eugene Watt, 18, R. R. 19, years of service this July. driver of the car. Mrs. Justice and their children, Harold Caldwell, 18, of 1416 E, Michale Earl and John Everette, 11th St. are at Ft. Riley with Capt. JusOther passengers in the car who tice. > were less seriously. injured and' With the departure. of Capt. not hospitalized: Justice, 1st I.t. Raymond F. GibThomas Collins, 45, of 1021 §. On became company commander. Capitol Ave. : Lt. Gibson is bookkeeper at The Roy Jenkins, 21, of 845 N. New Indianapolis Times. Jersey St. 2.72 . Driver of the semi-trailer owned AT CAMP Breckinridge. Ky. Adkins Transfer Co., Don McCoun is Louisville, was Guy Redmond, 30, finishing his basLouisville.” He was arrested for ic training with reckless driving. ; the 101st Air Three Hospitalized Borne Division, In the other serious accident, according to three men were hospitalized after word received by their car rammed the safety zone his parents, Mr.

abutment on Massachusetts Ave. and Mrs. Vern at Walnut St. last night. McCoun, 4316 E. In General Hospital are: Curtis Michigan St. E. Compton, 23, of 3711 English Before enter-

ing service Jan. 31. Pvt. McCoun was employed at

Ave. driver; Edward Branson, 24,

Don McCoun

James E. Parks, 23... of 1207

. CONGRATULATIONS—Capt. E. Earl Justice Mrs. Charles R. Barnett and Lt. Raymond Gibson.

Hoosier Heroes— .

Cpl. C. R. Barnett Given

was the first receive an advancement aiect from corporal to master sergeant ers ivstem of promotions,

PAGE 13

Sergeant

to Receive Advancement

New System

It was a’time for hand clasping and well wishing recently for two (Medium) Cempany of the 329th Infantry, $36.25;

non-commissione

Plane Doug Returned To Undergo Checkup

WASHINGTON, Ma

(sen. Douglas MacArthur's plane, spring lambs and few wooled old

the Bataan, will be j

maintenance depot for a checkup $30 to $33; few good and choice

and repairs. Gen. MacArthur

who interrupted his hunt for a : lane to the Defense Department to $31.50; one head $32; good and p day party tomorrow for P “ 230 to $31 robbery victim. pretzels este 4 cn en N $31. y 8S. 4g The eighth grade student Pretzels by the handful

“The Bataan probably will be

sent to the air depot

town, Pa., the Air Force said. decided

has not been will be done with the the craft comes out o tenance depot about from now.

, left, M/Sqt.

returned

| | | | | |

* Hog Prices Here Steady to 25¢ Lower |

Trading Opens Moderately Active

Trading opened moderately active on light to medium weight barrows and gilts at the Indianapolis Stockyards this morning. Hogs, 10,425; fairly active: Barrows and gilts steady to 25 cents lower; most loss on light weights; bulk choice 170 to 240 pqunds, $20.75 t8 $21.25, latter price fairly |, freely: 2407to 270 pounds $20.25 tos $21;°270 to 350 pounds $19.50 to 1 $20.25; 120-to 160-pounds-§17 to $19.50; sows fully 50 cents lower; some bids off more; choice 325 to! 550 pounds $17.50 to $18.75; few! lights $19; over 600 pounds bid $17 to $17.25. Cattle, 1450; calves, 325. Cows steady. Good and choice steers and vearlings closed strong to 50 cents or more higher; commercial and utility under 1000 pounds steady; heavier commercial steers slow. Choice 1227-pound steers, $36; loads near 1000 pounds, good and choice light steers and mixed yearlings, $33 to 1 officer to $36; choice mixed steers and heif-

»|

MUSIC FOR MANUAL—A new Hammond electric organ, presented yesterday to Manual High School by the school's Dad's Club, is tried out by Miss Freda Hart, music teacher, to the enjoy-

‘arryi short rime end Aol . ] $36 Tying Shop or ment of William Knapp, Dad's Club president, and student Carl — Utility and low commercial Keyler. sa i : scarce. Good and choice heifers, -

$33 to $35. . Sheep, 150, small supply about steady; good and choice native

15-Year-Old Given Life Term in Slaying

LANSING, Mich, May 8 (UP) Fifteen-year-old Lawrence Gibson went to prison today for life for the slaying of an auto worker

Big Bender LITITZ, Pa., May 8 (UP) —There was a new twist today to.the pretzel party, The townspeople of Lititz, birthplace of the salted delicacy, will have a birth-

vy & (UP)

hlaced in a crop lambs $35; utility to good

shorn ewes $17.

the Bulls, steady; commercial $28.50

pleaded guilty to shooting Laverne G. Roose, Apr. 6 in front of a bowling alley. Gibson

will be given out. School children will be given a

at Middle- QUICK AS A WINK you see It what the score is in The Indian-

ne 32,

vet what apolis Times Classified Ads. : mid-week holiday. A plaque plane after Whether you are in the market said he thought the life sentence will be unveiled on the f the main- for property, a car, a business or for second degree murder was N. D. Sturgis plant, the a month ‘ak in The Times Want! “unfair,” but “I am willing to pay oldest pretzel factory in Ads today! for it.” the world.

NOTH

OF EITHER A

burlap. , in a little poker game and wants) p. Scratchy. to “keep things clean at home.

Broadway.

CUTTING = QUALITY is the . Three persons were injured in

the Texas Co. He is a graduate of Howe High School.

‘ag strong as, stainless steel.

He makes a small touch, say for same as raising a price. But if 25, and pays it back at $5 athe OPS wants to go info how month. well things are made, it will get Which means that he has to into a briar patch with millions of chisel about $1.25 a week out of thorns. his lunch money or car fare, or And my guess it, it will never cut his cigarets or cokes. _ get out alive. “But that's no trick at all,” said one manager, cheerfully, “the [ocql Stocks way wages are, and prices. But I dont recommend it. We like to play it straight.”

$4996—M. O. D.

and Bonds

—May 8— STOCKS Bid American Loan §% ptd American States com .. {American States nfd . Ayrshire Collieries com

173

. : , a » *L. 8. Avres 4',% 3 : WHAT'S A WEDDING worth? ods Se id Yio, pra 2000 12 ry . &- Delt RR & Stk ¥Yrds com ..... y t's good to know. June's blo Bobbs-Merrill com = Co = 350 »

soms are a-bud. And church aisles Bobbs-Merrill pfd 412% .. will be busier than race tracks Gebiral soya

Chamb of Com com next-month. Circle - Theater com ,.

Ta 30%

y : Com L. 5 g When the wedding rolls around, Cummings he’ com ny 3 , . ngs RE pid... ..n 01! } that 8 where the Father of the Consolidated Finance 8 pfd Pao 19% Rride gets his bankroll nipped. Goniin-Car-Na-Var Cae 15 There's no backdown. He has to!gasie:n jaa gre Spt 00 15% y 5 Equitable Securities com . £0 all the way. In front of his: gouitable Securities pfd .. friends, yeu know, he can't stint. Family Finance com...) di | amily Finance 5% pf : ; = ed . |Hays Corp pfd ww e a 10 I DON'T SUPPOSE everyone Hamilton Mfg Co com .... rs goes the whole route or they'd Home T&T 54 mia 2. li have to put up the SRO sign in HR, @ am “ee 19 bankruptcy court. But the News- Ind Asso Tel 215 ptd S01 paper Publishers Association Ing Mich a 41 bed®™ 8% 108" ; [nd ‘Telephone 4 8-10 md ....’ picked up a line on the average iq, felephol Water oom." % 19 wedding tab from Handbags and Indpls E & L com i] 32Y, i s % Accessories which, in turn, got ingpis ai Cub’ Realty co ll 31 185 it from Brides House, Inc. Indpls Water Co 5% ofd 107 109% on Jefferson National Life com ... 10 11 You're getting it from me. That Indals Water 4'2% pfd .....100'% 104 makes the fourth pass. I hope it's Kingan & 8 pla “avevase dB Ne 3 .Ancoin a Ale. ..... 4 still straight. Lon: Cory e. ees 8 4 2 =n Marmon Herrington com .. 6% | Tw astic sphalt . ‘ee : THE BRIDE COUNT this year{y*if, asooalt, ane is about 13 per 1000 population. Nal Homes otd crs 103 % 1 And here's what they estimate a IN Ind Pub Serv 40a bf 3a y i n ub Serv 4'3 pd . 7 wedding is worth to the. retail Progress naundry com... 3 : trade—it sounds like a mark- Pi ie allory Po com, .. 37% ’ u 0 down, but don’t be fooled—exact- Pub Serv of Ina com’ nines 1 , = oss Gear Tool com ly $4996.15, M.O.D. | Schwitzer-Cummins pfd 19% (M.O.D. means Mostly on Dad). So Ind G & E com 2 Va So [Ind G&E 4 8% pfd 10912 ‘ s y Stokely-Van amp com 3 Farm Garages |8tokely-Van Camp pid 13% Forme a SoS oi? a: . ’ e alleable 4 FARMS USE STFEL, more 08S Machine Ca. . ~........... 3 a than you suspect. Shjieq hatphone 5% ofd .. » And this summer they will take 2 " sONDS T°’ Th i about as much as industry fori Ale & Steen sz = ..... tes: | building American Loan 448-60 ....... of . American Security 5s 60...... 91 esas | This is what has happened. Bastian Morley SBA err | esville Tele Co 4'4s ..... { The farmer has been buying Bibner Fertilizer Ss sa “ines i y d { 0 om £ 28 O61 ...... machinery. That is because his x3 0 tom. Bide 42s 61 ...... " help has run out on him, off to!Citizens Ind Tel 4las 61 .... 10] Equitable Securities 5s 60 .... 97 “es the cities for factory jobs. { Hamilton Mfg Co 5s 65 .... 99 al » ” » Indpls Paint & Color 5s 64 ...100 . . ,» Indpls Public Loan 6s 64 ..... 97 HE HAS TO HAVE “garages Ind Limestone J .- 7s i n S80 e 8 3 . for his tractors and field equip- Indpis Railways 8s 67 1) ment. So he needs steel, , Wood | Eanesencaing. i we , sts , nd Pub Serv 8 ve 101 would do, but steel lasts longer, § Jd gub Sery 34% 102%

Bprague Devices 5s 60

§ 8 erect. 1s_easier to Trac Term 5s 87. ..

And that's why the demand for farm building steel. And I think he'll get it. Either that or he'll put his X on the other ballot.

Titanium® I PICKED /up a piece from DuPont. But Jit made me think of P, R. Mallory & Co., Inc. It told me about titanium, A sw, field in which the Mallory. company is highly interested. The word “titanium” is a mysti-| fier. It isn't common like steel or iron. Yet titanium’s star is rising to play a much bigger role in the way we live. Titanium is stronger than aluminum, lighter than, but almost

PARTLY CLOVDY AND CLOVBY. ARIAS

” ” ” AND I PREDICT that it will move into both those fields. An-’ other thing it does it to resist saltwater corrosion. DuPont's working along another line, fire-proof clothing. But!

most of the

the other 15 accidents for the 24- wna hour period. SERVING AS a tank instructor Early this morning, two men: at Ft. Hood, Tex., is T Sgt. Bille were arrested when found un- G. Vaughn, son of Mr. and Mrs. conscious in the front seat of a Poter Vaughn, 3335 Marshill St. damaged car halted on the wrong Sgt. Vaughn enlisted in the side of Pleasant Run Pkwy. N. Army in July, 1948. After basic Drive, at Churchman Ave. training at Ft. Knox, Ky. he Police arrested the driver, Jo- served 11 months in Germany. seph Tucker, 26, of 2019 N. Penn- Upon his return to the states, he sylvania St.. on suspicion of oper- was sent to Ft. Hood. Later he

CROSLEY

AUTOMATIC DEFROSTING

SHELVADOR

0.’s.

TM MCULAATOFS. CORR 1951 (OW L A. WRONIR ML MGNTS RESIS

TODAY AND TOMORROW-—Fair skies

Asked ating a motor vehicle while under went to West Point.

the influence of liquor and leaving the scene of an accident. He also was slated on public intoxication and city vagrancy. Wesley F. Pell, 28, of 1726 Cot-

tage Ave. also was slated for public intoxication and city vagrancy.

Electric League

{ Howard W. {York City will to the Electric

Bennett of New speak Thursday League, Inc. Dinner wil. be served at 6:30 p. m. Mr. Benn ett, General Electric Co. executive cepartment staff member, will speak on “How Our Business Syst:m Operates.’ Ralph Fenster- . fake, president, ndianapolis or. Bennett Chamber of Commerce, will introduce the speaker. Albert L.. Maillard, Electric League president, will preside.

Car Kills Boy, 6

HUNTINGTON, May 8— Harold

Miller, 6-year-old son of a carnival worker, was killed here last night when he ran between two

.|parked cars into the path of a

car’ driven on Ind. 5 by Roy

..| Braden, 70, Warren, Ind.

| ——

Statement

WASHINGTON. May 8 (UP)—Government expenses and receipts for the current fiscal vear through May 4. compared with a year ago This Year

Last Year

Expenses $ 34.898.280.336 § 133.690.789.109 | Receipts 38.364.961.634 30.694,719,000 Surplus 3.466.674.2907 Deficit 2.996,070.109 Cash Bal 6.793.987.679 4.224.619.890 {Public Debt 254.569.158.849 255.835.185.199

!Gold Reserve 21,754,494.590 24.247.173.310

*

reach faf enough north to warm the hearts of Hoosiers, too.

{

a

|He attended

Before entering service, Vaughn was employed at the Utility Sales Co. He attended Decatur Central High School.

Sgt.

5 o n TAKING basic training at Ft. Bragg. N= C., is Harold E. Cast- ; 3 ner, son of Mr, i

and Mrs. Henry 4 M. Castner, R. R. jj

1, Acton. Before enter- 1. ing service in P March Pvtij

Castner was employed at The Indianapolis Times.*He at-

Pvt. Castner

tended Arsenal Technical High School.

o o o | ONE OF the highest scores attained in the history of the Engineer Replacement Training Cen- ! ter, Ft. Belvoir, Va., was obtained by #4 Cpl. Edgar V. Jones, son of Mr. and Mrs. Sammie Jones, Columbus R. 4. Cpl Jones at- . tended an eight- & week leadership training course there. The school Cpl. Jones is restricted to engineer-soldiers who demonstrate unusual qualities of leadership early in their army careers. Before entering service in August, 1950, Cpl. Jones was employed by the Cummins Engine Co.. Columbus. He is a graduate of Columbus High School. Stationed at Camp McCoy, Wis., is Pvt. William H. DeGraphenreed. son of Mr. and Mrs. Fort DeGraphreed, R.. R, 18, Box 576. He entered service in Oct. 1950. Before that he was employed with several Indianapolis Dry} Cleaning firms.

EASE

GET YOUR ENTRY BLANK TODA EASY TO FIND

EASY TO PARK

Crispus Attucks |High School. He {also is an ac- Pui lish ian- . Sor Shed plan DeGraphenreed st STRAE fo | A brother, James, served in World War II. Pvt. DeGraphen- \ -— reed has another brother and 1 of FOTOCAST NJ three sisters, INDIA NA » LEGEND a—— ak i —————— TATE SQIOOL > © amme [TTI ros ¥ THowt 5 in | Local Produce _ DEAF . oe flow thin eg men a 7 nd ST } es Ej aL [Te 7 ¢ | arge, c. an yrade medium, 42¢ . : r de, 33 { J . A will prevail over “poultry Fouls, 4'3 Ibs. and over. 32c; or, u 2037 East 4bth St. nation, including Indiana. That southerly air flow will ana aed. 3%, ane NoT3 poultre gg io fr Ds . : . NO: » Butterfat—No. 1, 84c; No. 2, 6lc. | "

Appliances Our Specialty

OR A

CROSLEY

FAMILY THEATER

TELEVISION

Y

E J. KINZ CO. |

HU. 2657 |