Indianapolis Times, Indianapolis, Marion County, 10 February 1952 — Page 38

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" = SUNDAY, FEB. 10, 1952 | eet (Steel Savers ‘Pepper Box’ Finish

Many jet engine parts which An unusual and attractive fin.

.inow require stainless -steel o ish “may be obtained by using high alloys may soon be mad |gloss; eggshell or flat paint in any

™

s THE INDIANAPOLIS. TIMES

Ro,

Business Outlook—"

Maybe There'll

“

of much less critical grades o desired color for your backs 4] Houses tor § steel protected with a special'ground. While the paint is still — ‘ ¥ : . type of high temperature por-wet, aluminum or bronze powder 1271 EU Be No S um celain enamel, according to the is shaken over the surface from Se |Porgelain Enamel Institute. an ordinary salt or pepper shaker, A-i condition, an Ie A ——, ——— complete storm p 4 : CALL WA 460 ivi FOR CO By J. A. Livingston 5400 Dn. 358 mo, ©

HAPPY HOM 108 E. Market No. COLORED—51 On South side. Goo 2 nice lots. Not comp very good buy at § MR. BEHRENS, Res McCLANAHAN REAI

WASHINGTON, Feb. 9—There's a new theory going around. We're not going to have any boom er bust. We're, not going to have any recession or depression. We're not going to have any#inflation either.. We're just going to, §

C— &

FOR STRUCTURES

have good business well INto] rs —emrromerm———"— THIS IT 1954 and perhaps .'55. |... However, that is not a com-| NORTH SIDE MANSION—Herbert A. Sloan, general agent ASSAD. Wed, yae It's a comforting theory. i Piets story. Delonge Input 50 for the Occidental Life Insurance Co., is the new owner of this | 4 car geraxe. Vs Dik Sounds sxe economies Collen, ing oma Sr ae! I1.room brick classic at 3447 Washington Blvd. It was sold .for | wk A_— : | : LRTI ’ a : : : . . ie : | r Ze, I 8 Noi 30 Jarfetehed 28% anus on materials and supplies Mrs. Elizabeth Johnson by Ralph Coble of Frederick B. Cline Co. LANDSCAPED BRICK—This attractive North Side brick home 0 from recent decisions in Wash-|—NO longer 1s accelerating. SS — ; at 6120 Park Ave. was sold recently by the Ford Woods Co., spy. ington to slow down defense True, the monthly Yet of Se : Ho and Cattle realtors, to Mr..and Mrs. Ben Liebeman and Annette Maybruck, | =X : ery ONE of ihe be schedules—or rather to flatten énse outlays is expected to rise p iN aves g : Former owners were Harry Marcus and wife. : | . . : ; bedrooms. % co out the peak by $1 billion in the next 12 N . : and extra toilet P ’ months. But, over the. previous: ‘Prices Higher, ul Wl % tories. Modern The latest estimates of the 12 months—from January 1951 . ™ ; ® unusual Teatures Department of Defense are that ty Jamary 1055-ine san was Hit GraiNS Market Unsteady Senate Unit Tackles | Fe Joe expenditures will reach §5 billion gy 8 philljon—from $1.6 billion to | . { . . income $4230 a month along about the be-g34 pilijon, And the rise started | | CHICAGO, Feb. 9 (UP)—Live- Y HH Pp bi SD Ty ginning of 1980. That, 8s agains; from a much lower base. 80, per-| CHICAGO. Fob. 8 rain mar- Stock markets were irregular this ear S ousing ro em . . rade. Wi sor © current outlays of about $3.4 centagewise, the economic impact he waves of Week but hog and cattle prices) ; Call Fred G. billion. was greater, os Bi ai dng ih Yu 0 finished generally on the up side hi ROBERT F. LOFTUS | He sald the armed services an Wi 1491, HU-4044. It will take a year or so after| Meanwhile, plant expansion 18 of Trade and finished well below While the sheep market was lower. WASHINGTON, Fh SThe ave heen o2Y Sonservalive in : GREGORY & ; that, according to present plans, likely to begin to taper off. And ast week's prices with the ex-| While the settlement of the » YeD. Fee certifying new. installations as to build up stockpiles.of equip-/overcapacity in some lines: has ception of wheat which managed Wage dispute brought an end to Senate Banking Committee starts permanent—which they must be w re ment. = Then, once plants have become a reality. In hosiery, in ¢, hold mostly fractionally above the work stoppages that had hin- Preliminary work this week on to qualify for FHA housing aid— BEST BY TEST” 6134 CHES demonstrated a capability to textiles, and in shoes, manufac- the previous levels. dered. slaughter in some plants measures to get defense housing and that government housing of- JOHN STRAN

produce planes and tanks and turers have demonstrated that! other hard goods in quantity, their present-day equipment production will taper off.

On Monday. two waves of sell- and worried other packers, there is ing hit the wheat market and was no general improvement in more than a match for demand, forced prices down to the lowest the demand for hogs as had been| | And if it were not for short- levels since the second week in anticipated. In fact, during mid-|

into high gear and bring more mortgage money into the market. than actually are needed in de-

ficlals have tended to program |fewer homes, rather than more,

SPICKELMIRE CO.

Committee staff experts are dig-|fense centers.

A beaut

ira

i {ging throu eatiConcession to Reality ages of steel, copper, and alum- October. There was a lack of ex- Week, prices declined as much as|E08 Hous a Mogntala OF seals Against Direct Loans 1110 E. 52nd ST. BR-2424 That decline won't occur, inum, the same would be true of port and mill buying and in ad- 75 cents and Wednesday the aver-|, "0, ernment, ‘banking, insur- 105 S. DENNY ST. FR-1192 though, until 1954. And even most, if not all, durable consumer dition the .news from both Korea 38 cost of barrows and gilts was 5 = 00 oa to str repre- Federal Reserve Board Chairthen, there will be no sharp drop goods. a and Egypt had a more favorable $17.28, the lowest since early May, | entatives at a EY Tonng | man William McChesney Martin RR A ORES and] blocks. Specialy I ay a Drecinitate Antici : f Def Hse, Ho 7 the last t table conference conducted by the|JT» told the committee that the city. o hia a bust. Why? Simply because icipation o Tense | rater in the week, however; in-| owever, the las! iwp days Of | Senate group last week. board is against any additional i AMERICAN ES there hadn't been a boom. lspiration for buying in wheat [the week, receipts were curtailed . meait TERICAN XS This rescheduling is not sud-| Not only that, but business has! meat from reports that Ar- and prices advanced substantially | Spokesmen said formal. hear- direct government loans or mort- % " den, according to Assistant Sec- already prepared for defense. gontina had suspended exports of With closing prices ruling Zensr- jigs on 19s pousing legislation gage purchases to stimulate the 3 t f Defens Wilfred J. During 1951, manufacturers’ in- , im- ally steady to 25 cents higher. .|would not get under way for at| housing capital, on th OPEN 2:0 retary o nse g rers’ in- wheat which may cause some im On the close most 180 to 220-|least another week, possibly long-|2°¥ of housing capital, on the x roa INRCO

McNeil, who is controller. of de- ventories rose 26 per cent. But porters to turn to the United!

The hearings will go into a|8rounds it would add to the gov-

floor plan Att

. {pound butchers brought $18.50- er. ; ah. : fonme ngs. 1 hey Rhngs the inventories of mawtactyrers| Stiles for required suppites. 4 18.65, top $18.75 iy. dozen or more recommendations, ernment’s deficit inancing Why Your Best Buy is § RITE" preakiash © schedules into line with prac- of hard goods, which would in- early by the decline in com-| Friday's sheep trade on good many of them conflicting, put for-| troubles. 4 ment with off hn ticability. clude munitions makers, in- modities, the sharpest in some !0 Prime lambs stood unevenly ward at the conference.: | Mr. Martin also spoke out Ereczeway With: In the initial rush to get plants creased 38 per cent and are still time and this- accounted for a Jowes than inte Jast week, marke) Building trade officials, led by sgainst the use of tax-exempt | BO TR started, procurement officers did rising. Soft-goods manufacturers’ [8irly substantial portion of the ng several weeks of continuously Alan Brockbank, new president of 1, n4s to finance public housing— | rice $26.500. 1

not allow for time lags in getting {nventories, on the other hand, Pressure in all’ markets. : machine tools, materials, com- have turned down. 'l Both corn and oats also ‘hi athes-Octiber: 1950 ponents and new plants. | This buildupsof inventories by|lOW levels. Corn contracts dropped Compared io Friday {ast ‘Week The - rescheduling 1s largely in durable goods) manufacturers sto the lowest points since mid- oo TOG

falling prices, and a new low én th t/the winter-fed “crop, the lowest Builders, reaffirmed their convic-

tion that 800,0000 new homes caniionths of 1951 and about $750 | be erected this year, in spite of

e National Association of Home ,y,,,t $328 million of those bonds |

were floated in the last six |

el WINDOW THAT'S

million more are expected this {

LI-4752 or Mrs HU-1078. . BRUCE SAV,

Circle Tower

aircraft. The revised plan calls an anticipatiofi of defense delly-|October and new seasonal low $3719 Jop on eT rs nae materials shortages, if the fi- yo... MEASURABLY BETTER + oorbICE RE for bullding up a- 143-wing Alr eries. And if defense schedules/Marks were registered for the yo. "x 67 to 107-pound cholce|N3NCINE Jam is broken, | He sald those tax-free issues , Situated in an ex Force by the end of 1955, a post- should happen to be reduced, be- deferred deliveries of oats. lto prime fed wooled lambs sold| . Ne mortgage bankers, in turn, |,psorh money that could other- a home is offered fo ponement of a full year. In most cause of peace in Korea or a| Oats showed outstanding easl- '\ “eog wy 0g ith 110 to 120-|Made it plain that 'they can find wise go into government bonds 5.Times Better than the Next raves of owners items schedules have not changed change in program, then the Nes8 and actually declined more. ;ors" 5t $26-28. Choice to Plenty of better investment bar- or private home building and a! ’ jize eining ool, significantly. theory of three recession-proof|than either wheat or corn. The... 506 t5 111-pound No. 1 skin Sains than housing in the money «afford an opportunity for wealthy Best Window...10-Times Better fret floor, two extra Eff N A years ahead would fade fast. [only bright spot during the week land fall shorn lambs were $28.50- Markets right now. They sug-|individuals and corporations to W Porch: full basement ect Now Apparent The best protection against a a8 temporary talk o eftons to lor. gested an increase in the 4 and reduce legally their income tax than Most in Reducing Jit wales heute: 7 The aircraft decision is already major business setback is not the P27 108 Sumiieg Sates ray While slaughter steers and heif- (4% per cent government mort- payments in a period when it is Cold Air Leaka o sale S14 Lulu “coursing” through the economy. defense effort, but current con-|/%.: .(ers sold steady to 50 cents higher gage rates would start plenty of essential that tax revenues be as ) 9 1

The decline in soybeans was

{brought on by weakness in the grains, cotton, vegetable olls and 1Ked, TAP 10 Susecel that the {soybean meal. Traders were In-|o teair due to moderate to. light {clined to watch closely the cot- | cupplies

{ton market and beans moved]

The Air Force has released 20 servation .among businessmen. million pounds of aluminum, part Even executives in metal workof which will go to stockpile, part ing plahts, who have defense orto automobile and other manu-|ders, are subdued. They don't like facturers for use in the second the outlook for profits. They're

fin the week, trading usually housing capital flowing.

some housing projects planned for,

large as possible.” :

Fear “Ghost Towns”

| The bankers also expressed fear Harry Rosebrough Opens Own Office

FIRST PAYMENT APRIL (5TH

RRR BREST An

Lulu G1 “ATKINSON

Immaculate He A perfect eolonial archite venient center his 3 lge. bdrms. up

quarter. jnot overextending themselves on ; Few loads prime mixed steers military or atomic energy proj- IE or The theory now is that the up-|{commitments. readily with any price changes, and heifers sold at $36.50-37.75. ects in remote parts of the coun- Harry Rosebrough, a gradu- : Onl Wea ime Ate ser ward defense pull on business for| A return to hand-to-mouth buy- High choice and prime heifers try may turn into “ghost towns” ate of the Weaver School of Real i y fils "hath. Den | ; : Estate and a practising broker Z

Radio Equipment

another two to three years“will{ing (in contrast to the’ brought $35-36.50. Few loads |it peace is restored and the gov- % 1 i 3 jhat Will appeal tend to offset any RA de- Korean goods - are - better - than-| $y 1040 to 1100-pound heifers, $31- ate Se 20 installa. here for the past four year i % Air-Tight Interlock Construction Marearer | Evans pressions, such as we have had money philosophy) is reflected in Host to Builders 134.75. tions. They asked legislation to] Tak goened Nis owD office at : SIARGARET EVANS in hosiery, men’s clothing, tex- recent declines in commodity mar-| Radio Equipment Co. will act pa eae protect them against loss in such| "yr Rocenrough will special- erin Shen th Pits et. on wall Street 1s Joining |as hosts at the monthly meeting It Occurred in Oregon, instances. ize in South Side and suburban Weather.-Seal OPEN 2 of economic jolts|in. e stock market has been! of the Marion Coun side L . ; PEN 2 soft the last two weeks, (35 the M fion og ty Resigentiall pif Operator Forgets Topmitiee Staff Ascistant Jo properties. : OO CAMMRTION iy WEEROWS AnD SOSRS 5:31 BROUSE-

into a serious business setback.

paeum. SALEM, Ore. (UP)—The story

By ELMER OC. WALZER

seph P. McMurray said, however," In addition to real estate, his 3

1ST WEST OF

to sell quickly,

gi . ’ a nation-wide survey he has just office will handle fire and cas- Almost new s : Good Fellow- i) going uround Oregon : Sapitol completed showed no evidence to ualty insurance and bank money 481 DO nig oC ra ing rra ic ship Hour starts BOOUL 33 absenlimindec. ceva OF justify those fears, ‘orders. FE PTT SRE RR {ached _ garage. lat 5:30 p. m. operation ” me ay new office : z 13 “SUND Y i iii the John Strang v ! u n n ortland. e was|, 3 he King School have been most popular for sev- with dinner at e 0 N A to sell quickly

: busy, also confused. ' United Press Financial Editor eral months. £30 pm. AM - the account goes here, she

BATHROOM |

m. GL-1621.

ha gE GIL CARTER CO. F

NEW YORK, Feb. 9 "(UP)— The Street continued intrigued His Relics oO stopped on the fifth floor and ieee Trading on the stock market ‘by reports—verified or not-=on|gjes—every one when a prospective passenger . os this week fell off to the lightest new oil discoveries. lattending will asked: “Going down or up?” she! 0 ON $-BEDROOM M( level of the year. "| A feature on Friday was a new receive a door- | stepped from the elevator, looked - i a Io Prices jumped around. They|interest in automobile issues prize. SN at the light and replied: | - i Dosrudtion. kof fell early in the week and then Which haven't done much lately. In addition, §§8 1 must be going up.” ; a Bedrm_3pe il rallied irregularly. The indus-| Ward's Automotive reports in- the following 0. oo ie Ly ; ment, game rm

trials were lower, rails about creases in automobile production appliances will steady and utilities at a new 30. in the second half of the first be given away—a 9-foot Philco year high in the reckoning for quarter. The industry is behind electric refrigerator, a Bendix the week. . iite- quota now, figures indicated. automatic clothes dryer and a Trading averaged only 1,410,000) Utilities moved narrowly all 34-inch Youngstown cabinet sink. shares daily for the full sessions, week and on Friday set a new | On hand to tell about their contrasted. with 1,874,000 shares high since Sept. 14, 1931. Consid-| Products will be M. L. Ondo, sales

FORD FENCE

IF YOU ARE REMODELING BE SURE TO SEE THIS

place. oil furna garage, See this orated hdme, 1: new carpet. Cal FRED T. HILL

TT"HEN 2

TWO-BEDROOM Located 6186 Burll

for the full days last week. [erable investment money is re-| Manager for Youngstown Kitch- Lowest Prices SENSATIONA L OFFER Senool ares. And c Indications were that specula-/ ported moving into that group, ®Ps, and Grant Lang, salesman Eth replace, full-s

Visit America’s finest display

{for Bendix. X = | of fences and iron work.

tive buying was on the increase making .it the best performer so since many low-priced {issues far in 1952.

with fireplace, full-s

kitchen with pl separate breakfast 1

enty

1]. Frank Ranger,

ir YO Stith Display Room -~ 1 i ent cabinet are turned very active. While prices slipped rather UR CABINETS BUIL : rags: J OWhers Ar High - priced issues reflected easily on Monday, the list en-| T | 2110 N. Meridia . > LE nave ed t

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Jamestown White Steel Kitchen Cabi-

nets bulld and fin. statied exactly as you wand them, Phone for estimate,

@G-B APPLIANCES VEOS WALL TILE RUBBER FLOORS

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2451 N. MERIINAN HI-8903¢ | BR, 5421

‘thin markets with wide fluctua-/count®red strong support in subtions of as much as 25 points re-| sequent’ sessions. sulting: from small transactions. | Zs a inns Late in the week new invest-| ment buying centered on several! of the top-ranking issues in the||: various groups. Some Investment! trust buying was reported. Large| investors also accumulated stocks! that had been depressed earlier in the week. i i} tion, real market leadership did | tion, real market ladership did not change. | Leadership remained in the oils, | rails, metals, chemicals, and tires. ! These groups are the ones which

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Lifetime Materials

|#: LUMBER

4 NY PERIOR Ma LLWORK

BURNET-BINFORD LUMBER CO.

LIAR Ac iok) TAlbot 3315

BUILD YOUR OWN 2-BEDROOM $3213

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Plans and Finance Your Job

You Have a Good Lot and You Oan Furnish the Labor, Then You Can and Should Have a New Home

FOR BUILDING OR REMODELING SEE ° | IM-5558

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7916 & 7920 MEADOWBROOK DR. Stone and frame ranch type bungalows, 3 bedrooms, all -twin_size, glass tile baths, large living room with... stone fireplace, dining room, large kitchen with breakfast space, attacked plastered 2-car garage, overhead doors, auto. gas heat, abundance of closet space, large lots in new addition of quality homes.

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All-steel porcelain finished bath tub, 5-foot recess type complete with chrome finished solid brass fittings -and fixtures. Comes with plugs for shower, attachments. Both left and right styles.

It comes complete, ready to install, with fittings Included ot this sensational new low price.

UNIVERSAL . RUNDLE

Porcelain lavatory with wide

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Barn Price . , . $18.85

UNIVERSAL - RUNDLE No. 722

Barn Price . . . $77, oo | Save fa 25%. 15% Lem jl tie Tools—Paints ‘Hardwares

. sume- GI,

8008 East Washington St. 1 Mie Exe ofGity Limits ||

PAUL PARTLOW BR-5633 5425 Colles

7219 WILLIAMS (

(7200 North just e Sherwood Village.) 1} brick one-and-a-half with 2 bedrooms anc also 2 bedrooms ar Large living Toon wi ing room. kitchen space, dishwasher. T tached "2-car gArage BR-7808 : WALT VEC 4208 COLLEGE R! 301 E. 2 6-Room mode living room, room. nice kiteh Yooms amd bat nient. H. A. hea side and out, Pri sale. Shown hy 8 M. C. McKinsey old . R. Donnell

JACK C. (

139 E. Marke

* OPEN 2 to -

SEMI-SUB.-Lge 2-bedrm bu oi] heat, auto. water softener. Side drive only 3-yrs.-old. A re FHA loa difference 3245 E. 4 HAYNES ’ Realt

“There in a Differ GL-2228 4606 Eva

3534 BAN OPEN 2:00 New 3-bdrm large lot in F area. Eating s; tiled hath. Price this today! Jo CH-5780, IM-652

? F.C. TUCKER

MAY G 2-Bedrm. , bit. full din. bath; gar.: % JOE BERGER. ASSOCIATED NORT 6325 GUILFORD, 1

3509 KEN #-Story frame in bedrooms and ‘bath ing room and kit basement, coal fur water heater. Garag B00 completely furn *00D HOMES MA-24085 - 1025 Circle

NEW LI

Vacant 3-bdrm,, 2 Close in location on Ver, good transp.

bung. 1941; fir

~ might consider con!

JOE BERGER. ASSOCIATED NOR 6335 GUILFORD | BROADWAY, 7-rm.-mod., good cond, 4 rms, bal. used 3h $200 per month, ~famjly home or a real buy at $9350( ~2488 COF

: EDSEL R 1824 RL Modern house, 6

* tov 3-3-room apts.

income, oil heat, A-3521 C.S. PA FRANKE-PADGET,

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4860 C,

"Excellent ‘2;bdrm, al eves. HO

- te. Be = Ss