Indianapolis Times, Indianapolis, Marion County, 17 February 1952 — Page 38

three apts, s

THY. INDIANAPOLIS TIMES SUNDAY. FEB. 17, 1952 SUNDA , - sh v n Ki, ° | i { wi b, Business. Outlook— | Livestock 4 + VARDWARE in; V Cost of Livi Ray Prices Are Vem | | ie . Keystone a cess BRost O ving Irreqular Nore ran cov BAD es M Sh ow Di a » United Press . astieton Brame eases ph es v ay Pp A ai ack NU-WA Yates Noo!

lower in trade at the end of the complete bah rYRE , week. : os ngs. ne - #By J. A. LIVINGSTON on ‘pricks. ssesawed up. dnd HOME lian ole} John Neal H WASHINGTON, Feb 16—~When Ellis Arnall, former down during the week and at the ST y ART \ ——o low timges Monday and on the RT j 127

governor of Georgia and now director of the Office of Price Stabilization, tried out Michael V. DiSalle's swivel chair for|

close the average cost of barrows and. gilts hovered near the recent

ree Estimate, RI. 5894

2-8tory 6-rn 1. candition,

v ’ y eo smt., auto. size, he said to newspapermen gathered around: “That's 21-month low point of $17.28. 236 E. New York § “RE wk #fitot oat, Dut 11'3 NOt NOt al the Teese | Top for the sveek was $18.60 a i COLORED—16 mbment.” 8 2S Year cost-of-living con-| Tuesday, On the ig Yop was aA A ASA LR apis Stren : pe LL, | $18.40 sparingly, with sales o sR SE A Se MA pM ———— $7500. Terms, It was a timely comment, But if Mr. Murray gets too far 180-220 pound weights at $17.75- Th 0. L. STARKS Arnall becomes stabilizer amid ahead in the wage parade, if he lass for the riost part. mostly YOUR CABINETS BUILT i Serta)’ an economic lull. Indeed, DiSalle moves ahead of the cost of living, $18. Choice 230-240 pounds closed to sult your needs To Mako: is looking forward expectantly Mr, Reuther—under rank-and-file at $17.25-17.80, comparable 250- Whit COLORED — I to the release of the January pressure—might hecome dissatis- 270 pound weights at $16.85-17.50. | Jamwwe bn mod.; fence Consumers’ Price Index of the fied with his contract. And what- Butchers 980.320 pounds closed at 5 J Shey xn "i CTE a Bureau of Labor Statistics. He ever Mr. Murray gets will spur on $17.25 - 17.80. Butchers 280-320 stalled exactly as you ————— expects it to show a slight drop John IL. Lewis, no respecter of] sounds sold at’ $16.40-17. Sows | want them. Phone : for the first time in seven months. formulas and always a terrific] a atmas and. less closed at 197 estimate, IN BEAUTIF Chen he can. say to Ohioans, in competitor, particularly with his| $15.25-16.50, mostly 15.50 and | G-B APPLIANCES aldo nis campaign Yor the Democratic arch rival and. former friend, | above with. 400-500 pound weights | veos waLL Tia a nomination for senator, that he Phil Murray, | at $14 50-15.50 : y z RUBBER FLOORS Foom an g 3 - sat . ah - Ts 3 arge livin went out in a blaze of price de Need Political Guts With receipts well above a week RAUP TILE AND place; ful clines. But the fateful Index 8 = g . j4001 solution would take arlier and sharply above a year CARINET CO. onto » ve t the ve ideal solution wou ake earlier and sharply a yea . . not due until the end of t ot Tarnbs and vear: 2451 N. MERIDIAN HI-8998 um; larg em plenty of political guts. It could| earlier, slaughter lambs and ye: ‘ ki with spac: month. be something like this: An award] lings were 50 to T5 cents lower DIAMOND JUBILEE STOVES -— 75 Years of stove-ma ing Ons 81 bh This much, however, is known. qr gix to eight cents an hour to| for the week. slow at decline, es- stand behind the 1952 models of the Gibson ranges. Gibson stoves replace. Housewives will soon have leas the union with no price rise, The pecially on cull, utility and good and refrigerators were displa ed at the Kiefer.Stewart Appliance anc aulo. a Somplain sheet Wholesale adininistration. would tien nave WEI § inative lambs and all yearlings. Division showrooms this week. Above, WwW, T Ferguson, general Home, with prices have gone down Ior IWO g double problem: Co . riday reek . ’ f i can be ha i (om . . : : mpared to Friday a week manager, points out some of the range's new features to Miss oli, ! months and are now nearly] To persuade the steel com- FIRST OF ITS KIND—The Indianapolis Business Machine School 'ag0, the week's bulk high choice Bett ger. ron : * AMERICA : per sent below Shel post panies to absorb the wage boost hic week will begin to train office girls to use all the latest office "and prime steers under 1400 _ NY : Resltory 5% $ AK. AN [a] "Ices, ' its p yg i . . . « ”re 4 Se—————————— n Ropean Is be I TT ata time when their Profits AT® machihes. Above, J. R. Jones, training director, shows Miss Betty pounds sold at $35.75-38 with a . which have been y Nigh, already declining and when new |very modest supply prime 1008- as JORN S1

have finally “relented.” and higher tax rates are taking

Wilson, student, the technique on

Stocks Off

an adding machine. tes S - 1350 pound weights at $38.25-39.

Volume Lags

Lowest Prices

IMMACULA 585%

. . effect this year. Early bulk choice - steers were 3 ; ag ma . Lon Escalation Economics To persuade Mr, Murray that § T » $32.75-35.50 while late ‘bulk was By United Press , What buying was done centered Visit America’s finest display Kessler BI oo that's the best he can get and 51 Kroger S Biggest 1633.50-36. Prime 1425-1450 pound] NEW YORK, Feb, 18—Stocks| 4 ee There was of fences and. iron work. Excellent Declines in living COStS POSSESS yoy 1a goq1ish to call a strike, wt Yor ht $36-37. Choice to declined this week with volume : : : : Display Room fireplace, economic power all their own in The second .will be tougher : Bers roug es BUSH Ss do off sharply. considerable selective selling, too, 2110 N. Meridian size bed modern society. A pronounced... tne first, Mr. Murray has Sales Year: Net Drops rghit 33s 30-35 25 Nort The week was cut down by Lin- centering on chemicals, oils and Full base Gfop In the Sos! of iy gz youd talked such big meney to his mericial and good steers” $27.50- coln’s birthday holiday. NeXt metals all of which were the out- and hot a eh Agr nm or 'm the membership that ‘an eight-cents-| CINCINNATI, Feb. -16 — Net; Kroger opened 183 new, re- 32.50. Utility grades $24-27. week will be shortened by Senlee standing strong spots on recent foi’ with inbile. electrics .. per-hour award would seem like operating income for 1951 of located, or remodeled stores in Sasi - Washington's birthday on Friday. lies Bustesaion, wtomobile,. electrical equipment yop ps fe's made it hard for 9.112.940 or $2.48 per share after 1951 and 78 more were in process Transactions averaged a mere Falls. Lg ind other Industries, Wages are ji qaif to bargain down, But 80, taxes was reported today: for the of construction at the end of the Auto Dealers Vote 1,242,500 shares for the four five- As in recent weeks, the utilities Butterwort! tied to the cost of living index, for that matter, has the United Kroger ompany by Yosepiy 5 Se Federal restriction on Rew To Clos S d hour sessions, against an average performed much better than the XE 6302 GUILFO If- the cost of living does ho States Steel Corp, which has ya), president, in the retail food store construction is expected to e undays of 1,412,500 shares in the previous other major groups. They all but FENCING—GATE ERECTED more than stabillize, that would gaid: No wage boost without a ¢ yany' wnual repor share- limit the company's program in| Today is zero hour for most week for five full sessions. set a new high for 20 years. COMPLETE BEAUTIFUI check the wage-price leapfrog- price hoost! [Eoipany § Rune Dost fo sha 1952. FRUYS ioe > new and used car dealers in In- Prices declined steadily from A few of the rails managed to ORNAMENTED IRON WORK 2 pl Peery ct

ging which has been carried on

‘Political Economy’ | This was equivalent to ‘nine

At the end of 1951 there were

idianapolis af they will ¢lose up'Monday through Thursday.

On register gains on the week. New

Free Estimate—Easy Terms

with large lv.

den, large din

between labor unions and busi {tenths of a cent per sales dollar 1978 Kroger stores in operation in on Sundays, James D. Strickland, Friday they rallied rather sub- York & Harlem generated a con- | Free State-Wide Engineering Service lovely phe a ness ever since the war. That's! what's clear at the moment is compared with one and one half 19 states, a decrease of 76 from president of the Indianapolis Au- stantially and then lost a large siderable activity for that issue | BR, 5421 Eres BR. 1845 IR. $083 and two, ifle | a mighty dubious if. this: Economic pressures—sup- cents per sales dollar in 1950 |the end of 1950. Employees of the tomobile Trade Association, an- part of the recovery. and ran up 30 points. : SIL Sm It depends on what happens in | s a . lcompany totaled 26,864 and share-|nounced. | Traders held to the cautious Se RR RRR won property . the

ply and demand—are at the mo-| ment favorable to consumers. The!

union to get an increase of 14 4ollar is perking up in buying| "2S $12,657,940 or 3345 per ‘y, Hall reported that 95 per will remain open today because fairly good shape without ex- fo otk Soe or 15 cents an hour—the amount power. Price stabilization really Share. Dividends totaling $1.85 ons of all eligible employees are of their introduction of new mod- cesses, but pending a clarification - line for “this which is commonly. mentioned—|ig here. {were pald in 1951, “ members of the Employees’ Sav- els at this time, but most dealers'of the foreign problems no one R E. WAL then leapfrogging is on again.| "At the same time, however, it's], Sales for 1951, totaled $997,086.- joy ana Profit Sharing Plan will be closed, Mr. Strickland wanted to build up new commit Dt The United States Steel Corp. and equally clear that political pres-|>->: an all-time high for the yi. was inaugurated at mid- said. |ments. 3-BED {company and an increase of 16 eo 1232

steel, Were Philip Murray's steel The company’s total net income

the rest of the steel industry sures will would immediately demand price stabilization will relief.

Steel Is the Key

| |

determine how lon To wie per cent over 1950. Despite record

last. - extent is Mr. Truman willing to/Sales in 1951, Kroger net operat-

year.

Are now

owners 26,254 at the end of 1951.

Members’ total deposits at| the year-end were $943,655 and| | running at an annual argue Mr. Murray out of taking IP8 Income was adversely affected ;.;1a or $2.5 million. The Kroger| no more than a cost-of-living in-|P¥ Price controls, higher operat- any Scontributed $665,344 tol

{ DeSoto and Plymouth dealers side. They found the market in

CE co

- {inspection will

Attractive ( on corner lot. jporyation, Livi itchen, 23 be down; lg. be ment, social re heat, 2-CAr g

And If steel prices go up, then crease? To what extent will hey lig costs and higher federal. rynq out of 1951 before-tax ) "A BY ably. for aute not only would hundreds of con-,4I&e the steel. industry to forego oo : earnings. { = f . WA a ip kta priee vise? Unless the Office of Price Mr. Hall also reported that op- VPERIOR IAL ILLWORK MANUFACTURED IN OUR OWN PLANT + AL | In Adam Smith's time, eco- Stabilization or Congress gives tions for the purchase of 148320 ~~ BEAR

price, but also prices of tanks, guns, planes, and other military] equipment. Munitions are subject

nomics was called “political econ- recognition to increased costs of shares were issued to 338 officers omy.” It was never more so than distribution, especially wages, and and executives under provisions of

BURNET-BINFORD LUMBER CO.

CLEANING SERVICE TO INDIANA MUNICIPALITIES AND INDUSTRIAL PLANTS

mold and mildew inhibit STA-DRI comes in white and fi & variety of colors at no extra cost, Don't be satisfied with second-raters” or take some-

NE 4 BEDRMS.

A ‘spacious

to negotiation rather than price today! - {provides for necessary adjust-the stock option plan voted by ® Vie a St TAlbot 3315 located near s control. Thus,” the Ei] : ET outs ot ceiling prices, the already company shareowners last year. | 1401 W. 30th WRB Ai al — FOR Arc. Ideal to would be pushing up the price of » reduced profits of food chains will “Qur 1952 sales should total Dace, lass t defense Hogi lteel. ? Which Grain Markets be Jurther lowered, Mr. Hall pre- well Over 8 Piltion Sonar 21 AUTOMATIC COFFEE PROTECTION Deep’ lot wit dn’ : . ted, (costs of doing business w se, | ! $24,750. Mr, V wou n't held the’ deficit. Off in Week | Wage costs increased $12 mil- especially wages and taxes,” Mr, i HARRY [ Nor is that all. A 15-cent ‘ {lion over 1950. Federal income Hall predicted. | VENDOR SERVICE “ : GL-2720, REAI jump in steel wages would frac-| CHICAGO, Feb. 18 (UP) — 4yeq fnereased from $11.48 mil-|—— pl—— we all : Rais ture the cost-of-living formula Grain markets on the Board of lion in 1950 to $12.59 million last BUILD A WING Selling Wire Work ; l iron Railing FIRS the Wage Stabilization Board has Trade worked downward this jo. 0 suite of oer OReratin ME " Call or Write for Prices or Salesman s 4000 ST) tried to adhere to. It would en- week, generally lod by the nearby sarnings or 1051 Krogers eer ~~ ON JOUR HO Maxwell House Coffee Call TA. 2438 EAST OF FAIRGROUNDS (701 E. 38th St TRA courage other unions to demand March gontract, ? tive federal income tax rate in- Also Automatic Pastry FREE ESTIMATE—EASY TERMS—MATERIALS ONLY OR ERECTED tees more. So far, for instance, Wal-| Markets lowered every day In creased to 58 per cent from the, | and Donut Venders State-Wide Service ie Bgryg ter Reuther’s United Auto Work-|this short week with the excep-| 1957 rate of 47 per cent. For Factories, Offices, efc. RTT TT ALLL - Bill Allen, ers Union has been content with tion of Wednesday when trade, Cash on hand at the year-end pi—— ¥ Ed) BRUCE. Sus Inkgel Seay to 3 on was $30,128,288 and net working © Installed free ; Ciels : at day dealings occasionally capital was $61,528850. Total ® Serviced Daily Y — Sharper Wins were fairly active, but slow at inventories were $79.170,757 at ” ® Installed on Profit Sharing Basis N EW DE LUXE * GE S | C {other times as there were no par-the end of 1951 compared with . mL aies ontest [ticular developments to stir the $72,223 385 the year before. For Information Call America's Outstanding Combination A A ; : trade. ” mom——— meme restric William Sharper of Sharper & : - in De Do Gardner Electric Company, has On Ane oer ree Says =e ve nN : AUTOMATIC VENDORS C0. Storm—Screen Windows and Doors Gen. ideal been named a national winner in Mar Bie 8 t= : 1001 S. Delaware FR-259T | : ED hr the General Electric Co. Multi cuperative action since There was XQ SAVE up T0 4 5. a wm S E L F - S T 0 R i N G : Million Dollar [little of consequence in the mar- \ —— -“ mT — . a “Road Race Jam- BB {kets or the news to arouse traders. aAdt 28 é ® Switch from storm windows fo screens in 3 seconds. WYNNED horee” sales con- J A portion of the selling in wheat | : al RU SCO Enclosures Click, That Quick! : WL test. He is one jf (was regarded as representing) |} B® INUM | A LTR + brary, liv of 16 to. be so > liquidation. To some degree wheat ALUM i : F ALSCO Joom and Honored In Sis Ee rae a ar COVERING | NOW Is THE TIME TO ORDER : COMBINATION Mr. veut enya. Indiana pH a the Southwest was selling. i ” RUSCO PORCH ENCLOSURES or RUSCO BREEZEWAYS iit strict. BE es . y i} = —for complete spring and summer enjoyment . . . Ls As a contest Whit 10 eaporlers ahd snowsal only the RUSCO all-metal window has all the necessary © 0 eo 0 00 WIN IRM SCREEN a1 Sone. My. Shar. ; lof A winter wheat area (1) features for a ¢ etely satisfactery installation. ® MARKET » RS - OPEN per has een RE 7 . . New 3-b awarded a trip ; |__The only mention of export in CALL OR WRITE NOW FOR FREE ESTIMATES . “.- With Geen, Ha wivacle weatirstvigping Rome Wit I ¢ Bhs |U. 8. wheat were the sales of that seals out dirt and Noise, Seals in the dons and to San Francisco! ya 8 bene ? ‘ | y A .:, ® heat bath, full all i i |three cargoes to France and S38 : _ . Baths SY expenses be Mr: Sharper Hevpt ~ * * HU-65317. ing borne by the gyat, L : Any< Time. Day FIRST PAYMENT MAY 15, 1952 £ C TUC General Electric Co. and its cen-| By Doing It Yoursel . ol : -———— ¥ tral Indiana distributor, Electric 398009 (EW. DIFFE ADblianess, Inc. Indianapolis, | | The finest, lowest-priced or ¥ Indiana's leading 2 ono he Indianapolis contestant : | firpl,, full ¢ won his award by selling well! porch that you can buy. We Can Furnish a Contractor | WY i9rgen pos n kitchen, ‘brits over his contest quota in 8 of I mr ’ nfow aa oor ' JOE BE the 10 of the company's major IN BEAUTIFUL COLORS ] Company, : er GUILPO home appliance lines, in compe-| 1 edicle Installation USE OUR EASY > South East Street Indianapolis S———y tition with some 150 other G.E.! - immegiare Insraliatio : dealers in this territory. Over-all Ph CY. 0481 BUDGET PLAN In less than 6 years more than 6 million ALSCO windows and doors in use! %.BEDROOM sales figures for the entire con- Ty 0 ro ‘pronerty Protection one . - L School area. fest show that better than $100 | “Aateriais Osiy se Osbiets Srocten |! 3929 W. Washington » TEI | EE —— rored fireplac million worth of G.E. major ap- IM Free Estimate—Easy, Terms . gror | BF TITERS : { . —— y oy 1358 1-car g pliances were sold during the : 5013—726 Russell Ave. | " YIMATES v > 2 3 or) ; A : en RA a EL PAUL PAR sales campaign. -) REE ES I i ave . 4 BR-5633 542 es : a ; : : -.; Co : : Vothing is as good as STA- 0 RUS OF INDIANA —The ALTUM (0. { DRI fot stopping water and At 461 ; ; | dl caulitying masonry STA- schools ar - : ale -— is the inorgani ner, sant. A f 2 1034 COLLEGE AVE FR. 4305-6-7 =, Wal adh DRI i faery, PTA. aide mod. ' — | one- Ir coating for all’ masonry, that come, Ver / 4 RT re pd : stays white when wet, is not E 22% innes A 173 em 0: Ye TAT Y cel {= ~. subject to weather-wea - TT. BH flounecny another acu developmen <bha sement SE ee Ether. we, or. Moder i =~ ~~ gration, rubbing off or flakin fodern k " _—d Sis —- and is. stone- : aang oil heat IN DRAIN AND PIPE CLEANING SERVICE Sy rl one ied rg ee : A Newcomers to the masonry = NO UNNECESSARY DIGGING : Naterproofing field say FICE yim. A : new”, “never before” Fm. PROMPT DEPENDABLE SERVICE make ‘claims that STA-DR inde): Bow has exceeded for years with Biiced rich. hundreds of thousands of L-5541 the Roto Rod satisfied users to prove it EDS R ; Only 5TA-DRI dares to ad- 0 FO » ' vertise and support the claim " | that IT WILL HOLD A Prispiigr) INDUSTRIAL PLANTS MUNICIPALITIES WALL OF WATER NINE with, picture 5 FEET HIG : plenty of bul ; LEAKADE H WiTROUL ar. bressew $ * . ontaini R | ows on A COMPLETE SEWER AND DRAIN SN ED MARTIN

9301 Park; Owner need sincere about stone, 1% stor eting, att. MS O

® Sanitary Sewers ® Storm Sewers Im provemen { L oans fing thats “just as” good". Tie BNeH | ® Water Mains . ® Cable Ducts Springtime is the logical “fix-up” time for the home. | sys “Best by Test’. Dp. apie No Equipment fo Buy .. . If you are thinking about any of the above work, or any J : . BHA “appror. No Help to Hire iy other home improvements or modernization work, we will ; BY owner. 51 ia ; , be glad to talk with you about a low-cost, convenient gloom mo Lr ) : ; Arsenal improvement loan. Come in any time — no Sibling tm. | - pI pstessitesi ‘ 4 aa : . bligation.. ’ po Orel tor sell . ESSE oo wen FREE ESTIMATES DAY OR NIGHT CALL , Youl wuvings ot Aisinol ave insvmed \Y | D A or : — =p vi fa : $10,000. by go mene of the U.S, Goretrmen. a r ML CARTES aid HI-8988 Citing EE . PRC ’ : 2 ‘s > : h, PL- “| BETTER, FASTER SERVICE FOR LESS! | pn | S PI Cc a . aan’ | Me Td 3 ; X ? ? or d ama, > - . ; : rg 3 " * = \ hdd, rs., t “1 Residential, Commercial, industrial . ie? BUILDING & LOAN ASSOCIATION EAN KELMIER CO. a Tala She” i Ch Gib vi Lg EE : Ce s Gina re. oy ¢. ¥. Pu : - : : 4, 4th. Floor Front, State Life Bldg. Phone AT-1303 1179 E. 52ND ST. Cov BRU

PTE EY

LATE

wa w

Serving Indianapolis Homeowners For é6 Yeors

WET Pa ’

105° S. DENNY ST.

5 oa

FR-1192