Indianapolis Times, Indianapolis, Marion County, 30 April 1952 — Page 22

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- Rock Island Refine

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tr 3 TP INDIANAPOLIS TIMES

; WEDNESDAY, APR. 30, 1952

~ Strike Seals Refinery Hore; Pipelines still Bring Gasoline

Fuel Supply

will Cars Sehing

The big pipelines still were | gushing ‘gasoline into Indignap-

olis today. But the oil workers’ strike had sealed the 250,000 gals: A day t . The man behind the wheel still had no worries. There promised to be plenty of gas. Rock Island feeds some of the independents, but in a pinch, other companies can take care of them, Standard of Indiana's feed line went out last night. This morning it started rolling again, Shell's feeder to Indfanapolls kept its {put + through” at normal. And Ohte ON and Texaco were operat. | ing as usual at their terminals.

Not All on Strike All of the oll workers afan't| | go out. Some still hold out of he labor combine. W. A. Kuhn, president of the Tri-State Petroleum Workers Union, Inc. said in Wood River, 111, that the Shell liné north to Kast Chicago was out, It is CIO. Put the line to Terre Haute, Indianapolis, Muncie and Toledo was in operation. L. E. Kincannon, vice president and general manager of Rock Island Refinery, 5008 W, 86th Bt. said the company had given the C10 12 cents in October of 1950, 7 cents more in March, 1081, and last January offered a cost-of-llv-ing raise of 3.4 per cent,

18-Cent Hike Rejected Last Friday, he sald, the com offered the union 18 cents, ut thé union held out for 25 cents over the average of $2.11 an hour, Rock Island wmerves Hoosier Pete and Mais 20 ana. 2 Sow othér Independents In an emergency, it was pointed out, gasoline could be boated up from the Guif Coast and trucked up from Loulaville,

{

TIME FOR LUNCH-—David feed warm milk %o "Bunny Boy.”

the rabbit to his first-grade cla was promptly adopted

beg ‘Pine

A

STEEL WAS blissfully It had a right to be sad, of a nationwide strike.

Altar-Bound

federal court slap-down of the -{Sfman mill grab by Judge Davia ne, One steel man quipped that Truman had been “Pinetarred.” Another sald, “Finally, we're getting down to the roofs of what we came to this country shout In the first place.” hl . » VU. 8. STEEL was taking no orders at the mifls, Bethlehem was still taking orders but didn't think they'd get very far, Republe, biggest alloy, reported thé pic weren't even allowing the superintendent tn the milly at Massillon and Canton, O. Steel warehouses were spelling. Harvey Bradley, president of tid. Ho itiday 8 & Co. sald he had

tlage Heense hy thetr plans for ” Miami wedding struck a snag. rated “A to E.” The couple learned that under; His stocks were spotty, enough must (sheets and Small bars, but the

eo Florida law, Miss Lane ve the written consent of her big stuff, structural, bards, heavy

parents befors the license can be Dito, stainless and alloys are anted. Miss Lane is only 20. Mr. | gat gave his age as 49. Mr. Cugst and the singer flew

n » »

FRANCIS HARDY, U. 8S,

which he rescued from the mouth of a

A

Today «Business

| Limited, Chicago to New Orleans,

cer of ‘Mian

\—whose management led th ‘after Korea to prevent federal | —now is soliciting a governme | The money would be used by s\the Magma Copper Co. to develop

‘what is reported to be the largest known untapped copper deposit in {North America ~the Ban Manuel

"Tucson, The loan would be the largest ever made hy the Reconstruction Finance Corp.

With it, the company would! build & mill, a town dnd a railroad spur. And It would sink

shafts to produce an estimated 75.000 tons of copper 4 vear. Copper is rated one of the three most; eritical metals in essential defense production, { Jess Larson, head of the Detense Materials Procurement Agency, says the company will | simply sit tight dn its copper de! {posits, despite the nation's need, {unless it gets thie RFC Joan. The ¢ompany already has been {offered the privilege of paying! back 75 per cent of its capital

United Pres

Falepnots Bullock, 8, uses an eyedropper to

a very young cottortail rabbit large dog. David has taken ss room in Des Moines where it

a

before-{axes, son's agency has offered to guar\antee the company can get 23% |eents a pound for its eopper any’

{time commercial buyers won't] Bulk cholce 170-250-pounders|

5’ [take it at this price, Tarred Private Lenders Balk

These two concessions were in-!

# | ! Ch S | I led t ke the operation 80 ! . 3 ended to make on he y ort 5 tee lattractive to banks and Insurance| By Harold Hartley

{companies that they would put, {up thie money, But they've refused

\e ompany has offered.

happy. < | Therefore, Mr. Larson says, ‘there's no alternative except an with its mills taking the chill pepo oan.

On thé ether hand, the Ana-

What feathered the smile under steel’s chin was the conda Copper Co. last week an-

notineed it had borrowed $56 milHon from banks at 5 per cent in-terést-the same rate the RFC would charge. But Mr. Larson says Anaconda is able io pledge greater assets.

Business ief Briefs i, Magma Comer Cowie

¥YREE CAKE on the Panama TOuRh a wholly owned subsid-

Corp.~tsn't small itself.

Magma is part of the world-

Graduati ie. . {wide copper empire known as the aduation time Pittsburgh’ ow mont Mining Corp. It

Pinte " is pushing “push shares Newmont's offices at 14/4 plates” for doors, no fingerprints. wii St. New York. Newmont's eaols Mining's “Sooteh- 00 001 15 Fred Searls J nal lite, glows-at-night, Is GIVING CALS has neki government deter § & giving eal hay held government defense} eye buttons a run. has J over the past 10 years. A Kirt R. Keydel, cofounder 1647 federal trade commission re« Household Paper Produets Co. port identified Mr. Searls as one ‘iheaded A regional meeting in the/of six men who directly or in:(Marott Hotel yesterday. Sales up/directly controlled 60 per cent of cent , . , DuPont has athe world's copper. “Harty last Year, the Senate Ins

{this Saturday, 10 candles . + Pen and watch sales are on the lift.)

“on 1300 a it war fume ew near-rubber product tallored to all “defense orders, [called Hylon, resists ozone. Some terior Committee asked Mr. Searls

jgynthetic rubbers don't . ,. then minerals adviser to DeS. L. Demars, salesman with fense Mobilizer Charles E. Wilson! amiable Fred Williants Jr., was = whéther he intended to soften:

knighted one of 92 top-Mners with Nis strong opposition to federal Lincoln-Mercury ,. . A. H. Gard-| aid to American mining companies|t

ner Jr. two-year man with Mu. Competitive with his own com-

taal Benefit Life, landed among

the top five MB agents in tne|l0TeSA

Widespread Holdings

Copper King Chang His Tune on U. S.

{ By JAMES DANIEL Serippe-Howard Mall Writer

WASHINGTON, Apr. 30-An Arizona copper com

elaims about 40 miles north of |

The Magma Co. says it has spent

cost In five years out of income Moreover, Mr. Lar

lary called San Manuel Mining go

pany's foreign and domestic in- &5

S

id

fight from World War 11

subsidies to American mining}

nt loan of $111 million.

Searls has altered his position on government aid. Meanwhile, there's ne effort to blink the fact that the loan would set some sort of record for socializing the investment risk.”

$10 million rounding up the neces sary real estate and making tests. It proposes not to invest any more private funds, except possibly out of future guaranteed profits. All the stock the Magma Co. intends to sell to the public was offered two years ago-—-$2.5 million worth, Meanwhile, studies show

government cost the operation is

expected to be one of the lowest: §

cost—and if that is true, most profitable copper mining operations In the U,

ie Hog Prices Rise

At Yards Here

Barrows and gilts sold "25-50! cents higher than yesterday in; trading at the Indianapolis Stock-! yards.

sold at $17.75-18.25. Choice 250-285-pound porkers had a top bid of $17.50. Small 120-160-pound | ‘hogs had a price range of $14.15. Bows were selling about 25 cents (higher, The cattle market was slow. Package high choice and prime!

ito invest on the collateral the 1125.pound steers sold at $35.

Odd head good and choice yearling sold at $30-33.50. Cows were selling steady. Vealers were acitive, selling 50 cents to $1 higher. 2 or 000; ne! yi aArrows and 1a | punds $17.78 HR op top Sin 1.30 hort 2h 30 3 founds unevenly 516, 18.3980: odd weights over 360

i

n 120-160 Rounds $14- 75 fou s1s ha 0, 836" ows about "25 cents Diane re 300-

Hd pounds ‘$14 75-15.50; ow lights to

mints "TEI vn wenn $30

ess

Cattle 900, calves 300: market slow, seyeral sales wood lo choice steady. little done on sizable showing commercial and

good: phekage around 1} Dun good lightweights 1's choice yearlings Hon z 8

utility and commercial canners and cutters

active, Srey bit, 18° bent mercial * ind and io:

aT olieioe to fi ai ie os aia. mors: fr cult 7. noth - Nn

Local Stocks and Bonds

Apr. 30, 198% aie

STOUR A enLan. Loan 3% A + 4 . 3 0 fea 4S

Ayrsh ire cot lapies oo am «

17 *L Aries 45 10. a elt % 4 a bi Morr) wi Via Ww *

ig hPa 4

by FHT . Commerce um . Ya va ChEK COM ..s.uxivves ren fe 1 al Rid NS 1a. ser ommonwe oan “e pid . 81} 5 add £5 areNa<Var .. . .....000 A i mmins Eng com . ....... 4

SiR

| in a Canton night spot constituted “lewd and immoral activity.

atees Ginter at Sunnyside Sanitorium,

Produce

here from Texas where his band is currently ' appearing. They planned to be married in Miami Monday. Miss Lane sald they intend to go ahead with plans for the Monday marriage. She said she arranged for her brother to fly the necessary papers here from Br. N. Y., before Saturday. Miss Lane left for Miaml to stay until Baturday, She said she will return then to pick up the papers and obtain the license. Mr. Cugat, who has heen married twice before and was divorced recently ih Nevada, flew back to Waco, Tex., to joint his orchestra. Miss Lane has never been mar-

Steels Indianapolis sales maf country, ager, sald the can companies | Tawsiers collected $3000 a day. had laid in big supplies of tin- |trom Connecticut Mutual Life last! piate last month. They sniffed | year trouble, {tu nderw ood Steel phones were a-buze. 8¢Wt- machines . . . Dean Arthur M. tlebutt rattled over long lines. Weimer of the FU Business| The dope: “Mr. Truman mightig.nool is new VP of the AmeriSump the i eT. lean Association of Collegiate Schools of Business. Why don't we'Ve lost a week already. t{ihey pare down that name. takes that long to start up. yo.i Sinclair, ex-Shell division) again, imanager, now pumping Shell at . They felt wr sant he o on- 'Coltax, IL. (really VP and treasrols law would ge! OUR |urer of Farmers Oil & Sapply Co)! on life by June 30. The reason: iwi) headline the AT rotrol the tightening of steel would | ..., Association In Ft. Wayne make pricés jump, coax back | Wednesday next. the black market re

Corp,

ried. Mr, Cugat said that after ‘the wedding théy will honeymoon | in the Caribbean.

afd another steel man, “We Wow just getting ready to go out and toured his homeland just last

summer, jand take orders, when this thing} And if they ask for some taste

sells adding Rhodesik,* North Africa and else- Her?

Fastern na Tele 5 ofd ane fauitable Steurities COM .eqee vous # In the course of the hearing, jy A curities uli Loos demand. Mr. Searls listed Newmont's cop Ami Pinance §% ofd bb . C. R, Johnsen has“joine per. Jainjng interests in oe, fp? £7

| where and disclosed that New-| Hook he nd Asso T

mont operates the Magma Copper, fod $2.50 ae * Co. although it owns less than || HE i COM. ....ee 80 half of Magma’'s stock. sienna 43 oid i Sen. Clinton Anderson En ea Oo wee She 38 N. M.) told Mr. Searls that ol we 11% 9 {regarded him as the man chiefly) nape, Wr. i responsible, for persuading the| ereon Nedonai Life oh | aainann & Co

House not. to pass the O'Mahoney-| ingwn — Millikin ~ bili” a year previously. édin Nat Luge . This bill would have appropriated atporation ck $80 million annually for ex- aren

(ploration for new minerals de- Nati Homes {posits in the U. 8. | Mr, Searls said he would o0p-|N {pose spending even $10 million Ibecause it would “set a precedent.” Pub

b : jose. _ It's one crisis after an-| lexciting sauce, Louis can come up He sald the best thing the gov- | Ross Gear & will the Reds : {with it quick, oul. raiment could do for mining was 5° eae Mor e alone {+80 Ina ning Wine ‘On the Side’ | He stuck to this pesition even Stokely: i

Listen to Him? |

I STAND UP and salute when I find an extra-ordinary man in

I HAVE a serious question.

George ¥. Kennan faces a difficult job #8 new ambassor te Russia . . . to make the Reds “listen.” What probblems confront the envoy . . how he MIGHT overcome them § + + sds told in a 58 new series start. \ ng Mo in 8 } mg Afunday Mr. Kennan ‘MR. X' GOES TO MOSCOW {

Miss Do Ray | Should Do OK

. MELBOURNE, Australia, | Apr. 30 (CDN)=-If names mean anything, a newly-arrived stu- | dent from Ceylon ought to bréese through her studies here, She's Miss Do Ray, who has just enrolled at Melbourne's Conservatorium of Music.

Ne |

Herron Student Wins U. S. Art Award Lo

Sidley Shapiro, a John Her-| ron Art School student, today won & national \art award In Washington, D. C.' | He received the oo Career Award of the National Society of | Letters, It means

Arts and ™ in the

|

£ [toast still on their faces. E (were pretty glum.

Secret Mission

A man wants to know if anyone “pays me on the side” for men like tioning the name of products. I have to confess they do, I first get paid, once a week, by The Times, down at the grilled] . a 8 =n pay window, Getting paid “on the! . JOHN HAD the early side,” is even a little better. Me served sleepy people who had « = =

THAT IS THE pay which selves ethe nd patehed themselves together a comes from the deep satisfaction

hurried off to the bus stop with ,¢ spreading the news of a new Some way to live, usually a new produet. I think this guy was a vacuum,

an ordinary job. It shows, Take a man John Williams who drives a Golden Hill bus, or used to.

runs.

But not after they set a foot

lon John's bus. He sold them more cleaner salesman, He objected to

He said mentioning Electrolux's new, “Ejector Bag! Old stuff, he said. But not old stuff to Electrolux. I know because the company told me so. I believe it,

than a ride to work, “Good Morning to every passenger. And he meant it. " » »

AND HE HAD the happiest

{bus in town, People got to knowling one another. On Blue, Too

The driver's,

good cheer was like a sip of sharp : AN IN VITATION came, on morning wine. ragile blue, | g : I smelled it, expecting a scent

Then he got transferred, And | of hyacinth or wisteria.

(the morning commuters sat glum | It was just right for fts job,

again. But maybe not for long. asking a couple of hundred womThey've got a petition out to getien to the American National him back, the guy with the Bank's finance forum outsyat happy-day bracer. p. m. Monday, | ” LJ i H LS JACK MOORE called from the he ICE PRESIDENT John, Zu Lincoln. He's assistant manager help women whose husbands “alHe was looking at an Impress. ways took care of tha money" sve list of names, Fifteen] {learn to handle something bigger Frenchmen are moving ih on Wim than a milk bill, [tomorro pegTop shots. And I Know some He'll have the head of Kodak could take that course, too. {Pathe in France, the administra«

men who

.|@raph and telephones, and adiinistrator of the French War

WASHIN N, Ment A rent

{Atherton Center starting a 2

ol Spy SR re .

tor of. the ministry of post, tele-|U, §. . Slotamant i

Lanner & ce Sh

{after senators had asked NIM yerre Haute Malle {how he felt about tax subsidies Union Tig :

{fron the Rhodesian government {to Newmont's Rhodesian mines, and Marshall Plan aid to a French ,!len € Steed a weeiey North African mining venture of aAuwrican Security as Fig Newmont owns nearly a gheiicen Lost es | Batesvill Lr

{third > nhner Last April, Mr, Searls resigned Ch of his defense post after Rep. Clare an

“Extra afvidend

Engle (D. Cal.) accused him of| {ius “ blocking the carrying out of the [ndvls fu le Loan ‘ re O'Mahoney-Millikin proposals, {nds a - a 'which had been added to the De- (8 Asso fo! te ee 80 {tense Production Act. | Lanesankamo o

In coming to the govern.ient| for a loan _of ‘$111 milli y Mr. q

sarees

Before

wean “Nu-vue CONTACT LENSES ounce ror apeanance {We believe them fo be) Our Price + $125.00 to $150 Value Only

{ Asi featherweight, tissue-t " , invite, 14 - No sue uetion cup: fl eliiget tar" ho

eo glasses, SE HE adil ‘EEE Jl or toe free : | AT 7 "FREE COUPON"

Cirskvsiiraasnarsanenae

Tare sa tii canna

¢ |at the present time,

Street Funds

The city, desperate for street repair funds this year, will act Monday to obtain an extrs $150. 000 described as a “drop in the bucket” compared to the city's needs. City Controller John Barney

| |sald today he will transfer $75.

000 in salary funds to the street repair account. The salary money is allotted for jobs not filled

The remaining $75,000 he hopes to get from an expected increase in the city’s share of the state gas tax. City Engineer William R. Hunt has outlined almost $1.5 million

% |In street repair projects which he

describes as “urgent.” He said last week $200,000 or $300,000

i ilwould be “Just a dribble” but

ii {would help keep the streets from

United pre Te HEARING—Sally Rand fakes time out from a he ring Defore the Liquor Board in Columbus, O., on a charge that er dancing

More than a dozen witnesses appeared fo support the charge.

Fletcher Trust Expands Offices

getting beyond control. Expects ‘Much More’ An average street repair fund is $500,000. However, the 1952 city budget allots only $150,000

Mr. Barney emphasized be

| {would continue his efforts to find

street repair money and said he hopes to get “much more” from other sources. © He sald he had several other plans for getting money, but wanted to keep them secret until he had acted on them. The drive to get street money was launched by Mayor Clark and Mr. Barney when both Mr, Hunt and Street Commissioner James B. Chappell reported the chuck-hole problem was become ing critical.

Local Truck Grain Prices

uch wheat, $2.31, , 80e.

The Fletcher Trust Co. is ex- Part of the floor will be used lo 'panding to take over more than serve the public and part will be

40 per cent of its building, Presi-'used for accounting and fing;

operations. The west side of the second | 0 by the take over the re-/trust and bond departments will formerly be occupied by insurance, penta’

dent William B. Schiltges, presi ¢ dent, said today. The trust and bond depart- floor, formerly ments will e000 modeled fourth floor, occupied by Foster & Messick.

Fishing lllegal At Ft. Harrison

land general offices.

ii out of bounds for fishermen. S80 Thomas Hensley, chief en-

the Market St. side.

ct mem et at. sc

y!

jearned the other night. An MP gave him a sticker for trespass

Mr. and Mrs. Hensley, RR 12, Indianapolis, found it on their car parked on Tlst St, when they returned from fishing. The provost marshal assured he didn’t want to penalize them. Fishing is illegal on Uncle Sam’s reservation, he pointed out. But mainly he was interested in discouraging parking. Spring, you know.

Ee Citictnnati-—consumer grades: U.8 A Tai%e white, 40-44'3c; brown mix, 3- ig : a edium, we 41%c ©: brown mix, Whioless tom e, 35-|

JE Fy a ‘cont extra ene ; browm mix, 33-37¢; current receipts * cases exeRanged, 30-3d¢. Market steady prices unchanged. Offerings Te supplies ample for improved

3a Rone. hours. 13.080 grown I 4 16-16; 17-186; oe very Offeriies continued hear heavy. Bulk at

ve 4 wi Oachanged i to le lower, Btaight Toads at Jower core of range. pCreame 0 um | butters 83c; regular, $6 Na i: prem

Your Indiana Natienol Branch Bank is

When you buy a new or late-model used

The desks of Evans Woollen Jr., chairman, and President Schiltges will be in front of the elevators on the second floor, and Vice President Robert F. Scott Fall Creek in Ft. Harrison island Norman Metzgar will be on

ELLIOTT’S APPLIANCES

6325 W. Washington (BEN DAVIS)

Daa "No. 3 white corn, $1.70. New No. 3 yellow corn, $1.42. | Soybeans, $2.60. .

HAL A i en end

Sound

Investments THOMSON N & MFKINNON

260 CIRCLE TOWER BLDG.

19" pown

With Any TRADE-IN Radio, Record Player, ofc. WILL DELIVER ANY

Sylvania TV SET

IN OUR STORE EASY [TERMS

78 Weeks fo Pay!

J i a J - iL » I'm hl

When you finance a car

a Good Place te Gol

be arranged to fit your family

car, remember all the advantafies aid AS "You have the benefit of dealing

~ economies of yo at your Indiana National Branch Bank.

. % * rd ® You deal with your own insurance

ally with responsible, experienced bash! officers in arranging your loan. Thele counsel is yours for the asking. And se

agent—and have the benefit of his per- you repay, you build valuable bank eredie’ sonalized advice and service. at The Indiana National Bank,

e You get the full amount of your loan in cash—=and the most reasonable repayment rates. Convenient installments can

nancing your

Aren’t these all good reasons for fis

next car at your Indians

National Branch Bank?

Personal loan facilities are available at all these Indiana National Branches

SECURITY BRANCH MADISON AVE. BRANCH 130 East Washington St. 1377 Modisen Ave. MAPLE ROAD BRANCH KENTUCKY AVE. BRANCH 38 St. ot Washington Bivd. 1225 Kentucky Ave, WEST WASHINGTON ST. BRANCH SHELBY ST, BRANCH - 2821 West Washingten S. 2213 Shelby St. EAST NEW YORK ST. BRANCH UNION BRANCH .

3000 East New York St.

. 120 E Market St.

a

Columbus ( Jim was In the myste murder of now his sto recognition. Jim is nc of The Tim 1948.

BEEN Faulkner cs ing on WIS when you k the hospita Well, Bill guy—and r appendecto: the alr. At prese County M Franklin, operation week. But | shows on b day, membx went to Fr

The India

ITS rum: and Vine t Frank Sins a TV contr J

THE UN recipient of being raise Welfare Fe an unusus WIRE toni In recogr anniversar, month, the and the Sw popular TY star Robert

MAESTE SON report NBC 1s wc the “Big SI weeks in t the weekly

THE My ica have Edgar Alle show, “The 8:30 on Ch The pres the “best being prod

ROBER Dolls” is tl TV. He w U.8. A" f

MRS. F¥ relate how the appeal tion for M mas last yi of Paula ( amonW Mrs. Cot appeal to the associa monetary

THE Ho if you hear with a mi “It mea but two of listening a

TV Tips KATE &§ Joey Faye,