Indianapolis Times, Indianapolis, Marion County, 28 October 1951 — Page 44

=. THE INDIANAPOLIS TIMES - suxpay, ocr. 28, 1051 BE [De

Business Qutlook—

Indiancpolis Apartments Are Sold -

©

Livestock

1951 Is Banner |

Corn, Soybeans Up

’ § 4] House I —————

; i | ; : aa Receipts U . But Others Weak Ww Y D oesn t 3 ; : © : P Remodeling Year CHICAGO, Oct. 27 (UP)—Corn ha : / ] Ni . y down; 2 bes L ’ . ; i : Prices Down A . and soybeans futures made mod- : . tami C b G Ww - $1? | If present trends continue, 1951 est gains on.the Board of Trade & In : as Oo eS » By United Press should be a record year for old- this week while other grains % hail Propt CHICAGO, Oct. 27—S8harply in- house modernization’ and re. Were irregular to “weak. 5 Quick poss . ! : E GOODE { creased receipts of livestock on ay Sovbea ric x i # 408 INL/ vs v the . market this week brought modeling. eg, ph Sn . hp id ere listen by £ si — : By J. ‘A. Livingston prices down on a definite lower A study of building statistics export sales of around 2000 tons : p3iz E. LOS ANGELES, Oct. 27—I committed a social error frend, With declines on four out! {Om governmeni, Sources for the tp Halland and firm off and meal i HTT “Eneiish D Al Dy . . § p he five t . 8 th .. first part of this year shows that nas - ¥ St. For a ; F fan : : of the five trading days the ac prices. Other aids to the mar- : Pr both here and in San rancisco. My office mailed me a cumulated downturn amounted to new-home construction was down vane J cussion of 1 copy of “The Favorite Fifty" when it came off the press. $1 to $1.10 on barrows and gilts 21 per cent from last year, while were an -advapce in cotton op) Zoi .« It's a list of the 50 stocks most frequently picked by the as compared with prices a week purchases of old houses out- futures prices and cloudier REALTORS he? i tae El P ’ ago. o~ scored those of new dwellings by weather over the producing ter- © COLOR large investment companies for omega imtr———— Increased receipts of cattle a 15-to-10 ratio. ritory “with some raid in pros- 5 Room he thelr portfolios . It prepared by Paper is merging with Soundview and calves this week included ap- The imposition of regulations pect. By the end of the week Downstairs | Algeitinger . a oY eh Pulp—to be close to an expand- proximately 7000 entries for the requiring down payments.on new all deliveries of beans were trad- property fn’ hpi o bs gen ing market as well as raw ma- I and sale. Supplies homes that in many cases are be- ing above $3 a bushel ! S650 AD, fact: y tw Ves terials.” of cattle for the regular market : : ’ : at i MEMBER O companies -- Standard Oil Com- also increased. yond the Teans of the middle Weather conditions over por- § COMM pany of California and Southern Movies Don't Belon Thé week's run in hogs was the income family was considered re- tions of the Corn Belt were un- ; 848 Pacific Co., and 8S. P. might be 8 Franses 9 emer ry Flin wy : \ largest since January. All weights Sponsitie for the changed-buying [RYOrADIY ret and this Appeared bath; mode; regarded as Southwest. I felt that San anciscans and Angele- : - of butchers shared in the decline ig : 3 ¥ : sent nt. Also there spect at al would interest invesment men on nos will grant that maybe the EAST SIDE APARTMENTS SOLD—The Linwood Colonial apartments (above) at Washington which dropped quotations to new Kite hen, bathroom and living Vas Bliying attributed to shipping a the Pacific Coast. So I showed it movie companies don't belong in St. and Linwood Ave. and the’ South Linwood apartments, Linwood Ave. and Pleasant Run Pkwy. OV figures since December, 1950, TOM are expected to receive the i yes s presumably against sales 2 in Irvi around. My error: ! : the list; they’ have been sold. They were purchased through the Kiser, Cohn & Schumaker investment firm f Prices on sows followed the trend Major share of modernization A NES 42 North The reaction was midway be- ; ey’'ve had their ups id tified Ii “Sal 9 ‘ n & Schumaker investment firm for an ;; pytcher hog sales, closing the dollars, the study.indicates, with the United Kingdom. In the cash 42 North (ween amused superiority and2"d 40Wns too often. They'll unidentified client. “Sale price was about $400,000. The buildings house 100 one and two-bed- week roughly $1 under last Fri- durable, easy-to-clean materials Market the trading basis was Hirty looks. “Why they're nothing concede that the aircraft com room apartments and were built in 1940 by the Moynahan Construction Co. Former owner was day's prices. such‘ as tile among leaders in 2Dout steady for both the old and BEAU ; Sut 4 Dunc of New EaBianders [panies ate speculative. But they Arthur Wolf. Kiser, Cohn & Schumaker will act as rental agents for the new owner. The week’s top was $20.30 with preference for floors and walls. ne rr gram, twit who can’t see beyond the Appa- miss among the Favorite Fifty = TT ———————— the closing high at $160. All Because old houses usually are a Snes n tn market early ving ¥ lachians,” commented one invest-ig,uthern Calif St k T ° . weights butchers from \(80 to lacking in window area, glass . ae re ected the expected Kitchen | ment broker. Who. for OUVIOMS alifornia Edison, Pa- oC 9 um e gam ort | ers 280 pounds sold throughouf the probably will run tile a close Jesu Pe Rorgan truce par- gaa reasons had better go unnamed. cific G. & E., Pacific Lighting, * * week within a 25 cent sphead. Second in remodeling “expendi- iio Tn Hers in the se- Full has ' . Safeway Stores, Bullock's, Rexall, For Third Stra \ Week . Most such weights closed \ at tures, the report predicts. week there was a i in the ‘nvestors Want History Food Machinery, American Pot- $19.40 to $19.50. It also pointed to a Erowing {de on the part of ar ne pon : "The manager of the vest: oh §& Chemical, as well as the By ELMER €C. WALZER held fairly well, being sustained IS d es Lambs Active trend on the part of home buyers racuits of the British rt Jor . i other companies mentioned. United Press Financidl Edi by 5 smal Hie Hr i As the Jewish holidays” came to begin modernization in the ; B21 &ections ment funds of a large bank d Press Financial Editor by a small rise in production » smd possible effect, if a vasn't taken aback at all He ry Dan Br do something NEW YORK, Oct, 27 Stocks . McIntyre Porcupine fectured The weekly sales report of to an end early this week, trad- kitchen, presumably upon the in- domestic markets ! ny, on ed. ol § ’ . is slight. Next May, th? declined this week, ‘th thi + rabeh ina hi J on ROC : , ' ing on lambs grew tjve Sistence of the housewife, wh peril Ral ni said: “That s what you'd expect. Nations]. Federation of SecOHty ok. Setback XK, e ird the gold miners with a wide sad- the Associated North Side Real- gon i g 0 more active Shands. mest of h 10 Dats heid a mixed trend this Most “investment companies buy Analysts holds its co . 2Kly K in a row vance. Utilities performed best [OTS this week listed 24 sales And the market closed with prices SF 0 er time in that week with the December contract -— stocks of long established com- San Francisco — first ign IH ntrease, too, with the of the major groups and lost a at a total value of $284,069, generally 25 to 50 cents higher oom. losing 's cent a bushel this week panies. Age and lengthy dividend from the eastern seaboard. West oy > oy pas ye Rear Ihe few cents on the Week. shalrmap Willie Adams reported. than Sate Inst. Week even Daugr C ked C ili I. Sompation to last weeks ALL-C records are important. Further- Coast economists, statisticians ry) sessions ” Marg Tor ie Wall Strest observers said the The Rajan the Siosing top way the same as LICE 8 Ings Pi, - A 4-he more, investment managers want and analysts are primed for the ‘The week ut ted ‘with ~ market performed well in view of Ha Suu 1. Hammer — 5925 a week ago. Yearlings wound up A recent independent survey S——— hi to know something about a com- kill. There will be plant tours, period f sh BE ta brief the news on corporation earnings. averford Ave. the week on a steady to strong shows that two out of every three mest pany. They like to be able to talks by presidents of West Coast hi . arp Selling that Wall peclines had been anticipated for oad Woods & Co.—128 Detroit basis, but the strength was al- houses have cracked ceilings. $ 00 . I, a talk to the officers and see the companies, and trips to oil fields, o selling pers sai gppeared to be the big companies but the ones” p oe most entirely confined to prime , # 116x301, properties. If they don't get to lumbering operations, etc. vera Ioit S13 POTS. uslrlanbeing sported gre said ‘to bel Driscoll Rial 05 ~3505 E.jorseninigs. PionEE ’ ' Ti on a ET iE tn age Yverage fell 5. 15 points. Jt rose much larger than expected. ashington Sy CoB N Compared to Friday last week. RING located then don't, well then, they shy What happens—when East meets resumed its decline Thursday and ,, Lc list sagged on Friday as waldo Ave ORT Seok bulk good to prime lambs includ- T0 LOAN F away from such enterprises as West. Which group will be most Friday, although with losses the British election returns came gp. Tucker g ‘ing natives as well as fed and THE GAS HEAT EVANS-BR ation C04 Weyerhaeuser, By- proy nelay i smaller than early in the week. ;n Showing the Conservatives With! Gerdenich Realty Co.—Lot 434 clipped westerns $30.50 to $32 Gl 2 tons ackson, California Packing, By closing time Friday, the a working majority. The Size of Arden. i Few lois closely Sort mative sold INDUSTRY 2 Lrewn Zellerhach. You Can't H Id selling appeared to be dying up, the Jnajouiey left much lo be de- Edgar Brodbeck—708 W. 324 at $32.25 and a deck choice and — At that Point, he smiled, and 0 experts said, and some issues Be "or ne lo Inarket men. St. and 701 Bates St. prime fed westerns went at $32.40 \ | AS iv Remodeling 0 went on: “But it is queer. You A uU b Il rallied partially, a few sub- u ™ Was : out in line with Fieber & Reilly—1427 W. 524 at week's best time. Most utility. oor . 19 : BR ore. 100K O¥eTgthe Favorita Kifty and 4 h Umbrella stantially. = : goarlier expectations of the finan- §t. and 4401 Washington Bivd, [to good lambs werd $27 to $3050. op R anne o vou nd "a lot of growth com- oe i BF “Boor earnfrgd™ y. Bsial-communitizg. 3.4 wo Wik tron Co. 5301" Evanston tmugrer steam ando hl ips: ifi- Ee Fu epairing vhs A33cions meme £3 : cially. 5 micas, Qf Your Roof ports, reflecting ravages of the Industrial production held high Ave. 3326 Arthington Ave., co- finished the week 50 cents to §1 Ee T_T Sma HeCtell 0 US the Dig Accent these days = © CW AT A RES Re HITT BSC red Somhe Food With EEF HOC CORT CEES SHA LAF a ting Broder SOR TLE «8950 owar- witteigi re hols andar Xai ! a x Yeour-#H SE re eS SP Encated io Pom, Monsanto, Union Car-, The roof of your home takes a earnings, and several other items gasoline, steel and-fuel oil. Car E. 46th St, 5033 Caroline Ave, steers off most. Cows lost 50 "ARO Es py rang Carbon, Dow Chemical, greater beating from the elements that might have been favorable, loadings gained and retail trade 1937 Norwaldo Ave, 3601 Caro-.cénts to most £1. and bulls de- r How erck. You also find than any other part of the hous including the Conservative victory and Ww holesale trade improved. line Ave.. 3440 Station St., and clined fully 50 cents. Vealers , - - BRUCH e great natural resource com- _ pal USE. i the British elections. Declines were noted in construc- 1944 N. Kessler Blvd. held steady until late but closed ! F 1 Cireie T panies like Amerada Petroleum, It's the front line of defense "This ‘week’s PODL earings tion, electricity output and kero- F. M. Knight—4422 Ralston weak to as much as $2 lower or COMFORTABLE . Otandard Oil (N. J.), Interna don't take it for granted, w S Week s Door earnings lead") sene production, Ave : oy Pea : ? tional Papér, Gulf Oil 'e . gr ed, warn er was Bethiehem Steel whiecn t oy aye. : Compared to Friday a week taf Oil Texas Co » Continen- the experts. showed a drop’ of 28 per cent in Forest B. Kellogg—4516-18 Car- ago. five loads prime 1038 to LIVING - ’ ‘ : . net income despite a rise of 28 St d T I roliton Ave. 1350-pound fed steers sold at West Coast Mushroomi per cent in sales for the first U ents e Willis Adams—6159 Winthrop $40.15 to $40.35. but the late prac- THE : ng nine months. ve, tical top was $39.75. an Te a hat Rifiages me is that here, General Motors Corp. released Realtors of UN HIgh yagtere—1330 E. 72d St. = a 2 lanitrol t ne Our E-Z acific Coast, we have the its report today showing third- : ; e Spann Co. Inc.—3000 W.1 America's Combination fastest growing area in the coun- quarter net covering the. recent cur in 00 County, high 44th St. and 1108 N. Alabama Sustanteg CONVERSI Payment Plan Fy, with the possible exception dividend bv a mere cemt. Givsi CHOC) students who observed the St. | Self-Storing : : ) ene. xM 8 1h Nati ir i = — te — - of pans ot Texas and perhaps| nine-month total also was down nites a, 3 Xion Win : Windows and Doors BURNER t saris of the Southeast. Youd sharply because of higher taxes. Tor aon toncomon roan ne Jtfong Adhesives Used Small Mo. Payments Call the Lumber i - Zive Sons ey, Tet vo ial A nlarorable Rarwinge the Indianapolis Real Ber Modern adhesives used in the STILL LEADS Number, MA-2419 > : z ; g list of other, unfavor- ig : manufacture of hard . : geography as well as investing in | able eRnings ,Board this week at the Washing- ardwood ply- THE WAY! i £7 hd : i gs appeared. Rails ' wood are s : : . 5711 2'd-age. I'm astonished ag : ton Hotel. stronger than wood it- 934 5. BAST ST. . J that! made a particularly bad showin self. so th : | Bdrm, | T’nion Oil . : . g hev ar uv : Sell, 80 at the fiber of the wood — EE trop He oh, of California isn’t on| in several instances. Wiig are 60) Doyal of HOWe i; break long before the ad- GET FULL DETAILS . dining area reat . at's a company with | On the other hand, some of the sn SCNOO% Cherry Sheppard Of hesive will give away ; TODAY FROM fovea ¥ No reserves and shale oil oil companies had sharp eagnings Arsenal Tech High School, and Cli ill et Sa Ly . p ‘ 2 ultim is in Colorado which will! gains. Standard Off (N. 1), thei Richard Creasy of Warren Cen: CONTINENTAL vane ds mately Prove of great value. feature, earned nearly as much tral High School. : Wm f Steck (o 2 Or. You don’t find Richfield Oil iff the first nine months as it did}, H+ 1. Harshman, assistant ' : : : : ASSOCTATEY Cut you find Humble, Phillips, all of last year, and 1950 was the SuPerintendent of schools, will in- Plumbing & Heating Contractor Lumber Co., Inc. $325 GUILRC ure Oil. You find Louisiana ; : : ; best year it ever had. The Jer- troduee ihe students; Who were : : "and and Exploration Co. but High winds rip at it. Ice and sey net for the nine months was 2MONg nine feenagers to make the 4923 College Ave. BR-5451 Morris & Harding $1. MA-2419 QU/ ™hat's the matter with our K Ut snow freeze it. Sleet and hail beat 47 per cent higher than a year Pp ‘© the United Nations under : : . ue ; pote as County Land Co. * Res , a at it. And the sun blasts at it aga. Texas Co. also had a good the joint sponsorship of the school Nem—————————— oa 98s from oil and gas 19 Oya - with temperatures exceeding 150 report. / board and various civic and busi- Lowest Prices aE A a S154 million“ in thew first aged degrees. As a result of this showing the NSS leaders. Yisit America’s finest display lgve.y Dedro "* months of this year, as sign Home owners regulariy inspect oil group gave the best perform- - - S—— of feaces and iron work i cored 368 caly $1.2 illion : against gijewalls, heating facilities, basa- AnCe on the market. Some gains R Display Room , Auiomatic De hE 24 million per month dur- 3 a all g ’ were particular} rd g Rd 3 SE 3 t & wn by 8 ing 1950 and $1.4: ments and all other parts of ghe Were particularly wide as in Texas | rs *949." 3 million during pouse. But all too often they Jie Pacific Land Trust and Amerada. LS . 7 \ I - 5 get about the roof. y ~ Chemicals were the widest ; ) § ~~ S. Cruse ] ast Over-Conservati "It's only reasonable to e ; losers of the week. Farm im- id y OF Vv Xpec ents had a i : : . si Bulls on Califorai ® that eventually the buffeting will ements had some big declines. Lol THYS 213) 10) 5328 We sntae ir ornia. Oregon. and begin to tell and signs of - wear Metals were hit for a time but aT - ' Toit, a ran age that the east- will develop, cqntractors point their week's lndses held to small] J (4 \ om : sracted ode ! s nt trust is overscon- out TR ; . s { “ amounts Steels slipped back on ly Seales’ 3 z a Ir; = r=ervatiy, © They'r! ud pt : rtf ours vook--but. rol: widelet VE VE <r A “I OR ) RSS : : i te d 4 : A i To as A Wt the If your roof. has givén Tong the week but pot widely: - Motors ( y RELL ORT FENCING—GATE BRECTED 4 1 hv - , ries ans NMS ey FN RE er whi years of trouble free. service oy ; - GLE YL - nS PLETE mn] : MANUFACTURED IN OUS WN: PL cit : ‘aid Targne: pn reper ILC CNL 4 Yat oy. bi = it EA C-— ss LS v } . = Th . = BIgnes. ert one nT JORDAR 5n0S: || [aR ORNAMEKTED: BOX ORK te INUFACIUMED IN OVA SWiHaNT | os Douglas, North Amerie ing, contractors make periodic inspec- | 333 W. WASH $1 LU. 469 Frep Extimate—Easy Teemwn rin en, TIRE} BE 3% ONY Tia Consolidatéd Vulte in and tions. . #4 . - Free State-Wide Engineering Service TI <= Wr 0 2e, - 't. 4 i: ——— sms ¥ 2 R the Favorite Fifty. rs ake Any roofer will tell you that its | % BUILT-IN KITCHEN CABINETS | = mrmmeemrerms me eee mes BR. 5427 ll "a it Ix. seu nut 8 zled that Inter YT Duz-ifar cheaper to cover an old | k ASPHALT TILE # LI ! homer | the list, but or paper's on weatherbeaten roof with new * aX OL | YOUR TABINEYS BUILT Dasani Aor Cooma Zellerbach. y Siagie Hua to Fufier the conse- . I . e ol row feed; - wry and e argument runs like this: of a roof failure. amestown . ig “Not only do we have ‘| The cost of repairing cracked I Stee Kitehen Cab ' : 4 ’ Jou. a a . MENT Raturale cos or great walls and redecorating, walls and NU-WA pax yu ede im i , Vz «air [ir )’8, » Ror A MERI Growin companics, but alsa we Cnet can quite ecasity out- MELICIVIBRIITINGNION ©:oL ix ENCE DeiLAR = haw . 4 . 1 | : . have a growth region, In 10 STANCE the cost of an entire new | or estimate. 3 \ STYLES Wire Partitions—Window Guards—Factory Fence IMME ¥ears, the population of Cali cor ey Warn. - uli vi Dik pds 8-8 AFPLMNCYS ; a fornia, Oregon. sce EE — Kitchen Remodeling Store VEOS WALL TILE Call or Write for lllustrated Folder has i : and Washington 4 RUBBER FLOORS A : : 188 increa . 3 . has increased 50 per ont ax wpe | LISELI | \LE a%p Call TA-2434 EAST OF FARGROUNDS 1701 E. 38th St, * the country. HARDWARE Inc { 236 E. New York St. | RAUP CABINET CoO. FREE ESTIMATE—EASY TERMS MATERIALS ONLY ‘Therefore, this is No ows] | 2451 N. MERIDIAN HI-899 ! S ONLY OR ERECTED ing market for oles 20 expand. ” Open Mon. & Fri. Eve. Til 8 |H 2 J oe COMBINATION DOORS State-Wi i Gamera Blears. at's why |. lion . —— S10te-Wide Service 208 COLLE General Meir ang 2Unghouse, N. Keystone of 52d.....BR-5454 ——— C Fi EE — ae Dare and other com- | Nera Branch ...........BR483 Strength—Insulation—Safety ustom-Fit of TAME] oo s nts here. : 'pe ’ ’ tet That's one of the reasons Scott Castleton Bramch ...... BR-0415 Style—Color—and Low Cost in certified kiln-dried Have Nothing it os good os STA- condition; : = . — ———— , DRI for stopping water and tol base o 5 MODERN MASONRY ESu—— California Redwood | beating mon STA Hum" ou can bw an a masonry > / h o | “is the inorganic mineral Eh : " ERF Withholding Tax R home with BRIKCRETE cheap. . to save you money! | @ DONE=-Ar oe WL | i >» 4 BUY DIRECT stays white when wet : er than you can build a frome Exclusive interlock con- : ‘ subject “to olin 8 Ror ; ] 2 4 , . 4 “wegr, or- eampl | Changes Nov. 1st! ee. home painted once og Indiana's Only test | amucion sels suo cr. | asement ne dun Sa ow Toducer Making Lhain and noise. Don't wait tion, rubbing off or flaking and 3 room wy . . - q an room Most pavrol departments will be bogged down in con- INDIANAPOLIS BRIKCRETE Link Yence + « Order today! ue ke fn nsigting. we. portatin | bus on unless they act NOW! or withholding tax rates 1900 S. Tibbs Ave. BUILDING & SUPPLY, INC, BE-34N . ® For Residences MA-2274 must be use ginning Nov. 1, 1951. Ph Newcomers to the mason JACI % . —— ———————— — —_———_ a —— % 1 : 3 Reduce the amount of detail labor required and figure a “| ® Estates ® Factories one : waterproofing field say “new,” 130 E : Jou Car fio with speed, accuracy and assur- ® Schools ; ond “never before” and make BE NI Ee rw REINFORCING BAR ® Institut a oe : ; nstitutions. . os ex- ondition : I'he new Delbridge Chart shows BOTH tagRdeductions S : : Sopded for years with hundreds il) convert] | «= social security and withholding tax on the safne line for ’ Material Only or ; . of thousands of satisfied users hardwood fl instant recording. : Deformed — Structur al Q valit y Complete Erection Service for FREE Estimate to prove it. Only STA-DRI i inusually ® | A hinged - card. visible - index : . doves to advertise and support ; 195000 ‘down system of beaut and durabil Approximately 20 Tons—40 fo 50. Lengths Free Estimates — [1 {VQ ] A WALL OF WATER ne Rid ‘x i ished in four editions for A a *t Va" h ® h ER NINE ANGRY - i os nr SIZES: %" —Y4"—"A Easy Terms eér-Jea FEET HIGH WITHOUT LEAK THR or monthly payroll iods. . All ( 3 : COMBINATION STO AGE. Contdining mold $114 Carre editions embody daily period Open to Inspection at Our Yard onfinenta! Steel Corp. ECO RM WINDOWS mildew inhibitor. oo : ou targa living . 3 $ counter. bre ' | 726 Russell Ave, . ollege Ave. comes in white and a variety Cabinet type AMERICAN (COMPRESSED STEEL (ORP. IM. 5013 | 3 Folens at no extra cost, | : Poe ; 0 , 1200 E: Mar . wa ont be satisfed with “second. } 28 A yland St Tel. 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