Indianapolis Times, Indianapolis, Marion County, 8 June 1952 — Page 42

PAGE 42

Ne arg GE eh] AF § al

"A House That's Cute,

By DEAN H. ROBINSON This little home is of the “all on one floor ranch style” that is becoming so popular in America today, It's cute, compact and should be very economical to

build. Outstanding features are the step-saving layout and the use of part of the breezeway for the utility room. You enter the front door through a porch with flagstone floor and planting box on the right. Inside is an entrance hall and coat closet and to the left, the large living room. For economy's sake there ia no fireplace shown but one could be built toward the front along the left living room wall. This would necessitate an extra chimney but it would look very nice. The kitchen is directly back|" of the living room, It boasts of | the ever popular corner sink with | picture windows facing in two directions, There is also another window here which makes this an unusually light and cheerful room. |

The utility room connects and|

LIVING ¢ DINING Tere

2IoROOM

woe

there is a covered back Porch porttolio of Sixty Small Homes. ...eeee....82.00 .

which provides protection from

the garage and also makes easy Thard Book of 100 Small Homes..........$2.50

access to the backyard eating! space. The garage is large and could!

Compact

Building plans and specifications; first set..$7.00 Additional sets on same order, each for....$3.50

| TOTAL ENCLOSED (Small Homes No. 195)...

CYA

smth

Do You Like This House?

Fill in this form, inclose check or money order payable to Scale Model Home Planning Department and mail to The Indianapolis Times, Indianapolis 9.

ssasssesenes

Sess

Sets snsnsnee

be cut down to one car to save INAMSO ..iviecersreersrnacessssssaraessssssesnsinsssssssssescsnes

itional money, but even if]

there is only one car in the tamily Address NaN EINR IIIB tir IeN tats tetesIIttssesssRRRSS

this extra space would be ideal

for work or hobby shop and tor City sesensensiiarsaitessanisnsaseases State CRs esssrst esata

extra storage. i

Both bedrooms are on the left! ~with bath between. These’ rooms have cross ventilation and plenty of closet space. The architect has, - shown swinging doors through-! out, but sliding doors save the!

By United Press

on ~ —— : —_— - - Fras Soybeans, Rye Top Grains {lowed the same pattern with the | CHICAGO, June 7 — Boybeans nearby contracts losing ground |

space usually occupied by the and rye were independently strong whiled deferred contracts held a swing of a hinged door and could [this week on the -Board of Trade steady tone.

be easily substituted by your while other grains were rather builder. The bedrooms and their irregular. | closets, the kitchen, bath and! utility room could use sliding| doors.

{on soybean meal ceiling.

Ray Katzenberger On Factory Visit | Jove dung ine last tno

Ray Katzenberger, president ot (into rather severe profit-taking Tires, Inc, 12th St. and Capitol 80d

Compared with Thursday a

week ago, wheat ruled 1% to 2 The scarcity of offerings inicents a bushel lower; beans from the country even in'lower fo the face of the advance stimulated lower to % higher rye 7 to 10% {considerable buying as did talk higher; soybeans 5% to 13 highabout possible action by ths OPS oe; lard 38 to 48 points 100 pounds lower,

Paper Goes South

gains were cut by several The pulp and paper industry 18) firm offer of 12%; cents an | hour retroactive to Mar. 1, as |

corn 1% % higher; oats 13%

{80 per cent of this is scheduled

How Many?!

THE INDIANAPOLIS TIMES

Business Outlook—

There's Some Steel on Hand

By J. A. Livingston

| Neither defense nor business will suffer from a short |

| steel strike. To that extent, the Supreme Court ruling

suited the times,

omy generally, Most large companies have sufficient steel to carry on. You don't hear of major companies shutting down or threatening to shut down because of lack of steel. But you do hear of refrigerator and washing machine companies laying off workers for lack of customers. The strike crystallizes — | dramatizes—the change in the

economy. When it first threat- |

ened in December, Charles E. Wilson, then Defense Mobilizer, called it “unthinkable.” : Steel men weren't certain whether supplies would be tight or loose. But now most steel men feel by the end of the year

“unthinkable” is here.

No Sellers’ Market

The strike put Philip Murray, president of the United

Steelworkers, and the heads of | | prices, production and profits | are rising, when managements

the steel companies on their own, Members of Mr. Murray's union are up against payless

come. Plant maintenance, office expenses, and so forth, go on, production or no. ’ Both sides are ‘under pressure and find it profitable to agree. That's undoubtedly why Dr. John R. Steelman called them to the White House for another try at an agreement. The economy is loose enough —at the moment—to absorb a short steel strike. We're out of

resulting layoffs of railroad and other workers will be made up later on. The coal, limestone, iron ore and steel will still have to be moved. Total consumption of steel in 1952 will not be af. fected

er pn

come now that both sides are feeling the strike, When talks

the Supreme Court announcement if would hear the case, union and companies weren't | far apart. . :

But for 2 Cents

One of the sayings around Washington was that Nathan P. Feinsinger, chairman of the

Wage Stabilization Board, who was trying to bring the indus-

try and union together, was

| within “two cents of being a |

{ hero.” { The companies had made a

against WSB’s original recom-

{pects of small production of rye South, says Power publication. mendation of 123 cents retro«J this year along with limited of- The industry plans to expand active to Jan. 1, 2% cents on ferings and strength shown in the over $100 million worth in the| July 1, and 24 cents on Jan. 1,

80, on a one«ear contract,

| they were only separated by

terially one way or, A quick ‘settlement might

pay days. Steel companies are | up against financial losses. Idle plants mean all outgo, no in- !

the sellers’ market in steel. The |

steel will be plentiful. And the | round of wage increases.

A shutdown would have to last a month or more to interfere with armament output or the econ-.

and two months’ They were also

2% cents retroactivity.

| about 3.4 cents apart on fringes | —time and a quarter for Sun- |

day work—and on the union shop. But the negotiators seemed satisfied they'd be able to get together on wages and fringes | if the union shop {issue could | be settled. Thus, a one-year contract, . calling for a wage boost of around 15 cents, is { conceivable. Mr. Murray would be able to sell that to union members as being in line with WSB recommendations.

A steel agreement is unlike- |

ly to set in motion ahother For one thing, a great many workers, as in the auto industry and in railroading, are tied to long-term cost-of-living contracts. In the second place, wage patterns are possible only in bumptious inflation— when

would rather pay higher wages than lose production. That's not the case today.

When Profits Fall . . .

,The record speaks for itself. In the last year, earnings of shipbuilding and rubber workers have gone up 17 per cent an hour, But earnings of clothing, tobacco, shoe and leather workers have hardly .increased at all. In hosiery, the union actually took a wage cut. Managements have to respond to conditions. When profits are rising, they're easier

at the bargaining table. But when profits fall . ., .

struggle in steel {s a” case in "point, Throughout the early

were broken off May 3, after |

Ave. has just returned from a CeNts: |one of the leaders in the phenom-two-day distributors conference! Rye made its advance on pros- enal industrial expansion of the at the home of- ss cc fices of the Pennsylvania 0 i Reb Yon ut ; 3 (Winnipeg and Minneapolis/next few years, and an estimated! 1953. Mansfield, O. {markets for the South During a tour | Wheat futures lost ground this for the South. of the firm's (week in the face of continued)

[tavorable weather and crop con-| |ditions, Increased . arrivals of! {new crop winter wheat at South-| {western terminals, inactive foreign demand for U. 8. ains | were displayed. be a bearish crop LY After more According to the report by a than two yearsyg,. Katzenberger private company the winter | of research the {wheat crop is estimated at an! “flexomatic action” and exclu-jncrease of 35 million bushels! sive bead tie-in construction now over last month and if realized increases the cushioning effect of will result in the second largest the tire by more than 35 pericrop ever harvested in the U. B8.!

cent, Corn and oats generally fol-|

plant sales features of the company's new Silent Vacuum Cup tire

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discussions, the industry resisted any wage increase. The companies wanted no part of any pattern. In 1950, the industry earned 15.4 per cent on its. net worth. But in '51, this was down to 12.3 per cent. And another drop this year impends. Since the end of 1951, net worth has increased about 9 per cent. But net earnings in the first quarter were down about a fifth from a year ago.

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| | | {

Railroad Shares Highlight Active Market in Week

By United Press day and the industrials immeNEW YORK, June 7 (UP)—iy0i010 "took over leadership.

{Railroad shares set a new high ro ders said steels were behind

y During Week

By United Press CHICAGO, June 7 -— Cattle,

sheep and hogs lost rather substantial price ground during the past week,

After seesawing up and down,

the market on barrpws and gilts as well as sows closed the week 25 to 50 cents lower. Due to the |fact the market was closed last Friday, receipts were somewhat

larger.

The week's high on hogs was

$21.75 paid sparingly on the close, but quite freely at other times. Closing prices ok bulk choice 180 220 pound butchers were $21-21,50 with choice 230-270 pounds going at $20-20.75; butchers sold at $18.50-10.75. Sows weighing 400 pounds and under brought $18-19.25 on the close while 400-500 pound fows were $16.50-18.25. Heavier weights sold lat $16.50 and below,

280-350 pound

“Sheep prices dropped this week

with the weakening factors the sizable receipts in the aggregate

for more than 21 years this week |;,. ariet and they bought the and a dull to lower dressed mar-

to feature a broad, strong stock group Some short covering also {market lst. helped lift prices and stir up ac- | It was the most active market tivity, Rails, meantime, man-

\since Apr. 26, the broadest since aged to better their earlier ad-|

ket, especially on old crop lamb carcasses. Spring lambs lost 50 cents to $1.00 this week.

Steers over 1100 pounds were

{May 10 and it showed the most vance and they closed the week under downward price pressure at

igains since May 24. lon the highs. This upturn followed the| Supreme Court decision against) government seizure of the steel mills, and a steel strike that lidled 650,000 workers, slowed and 219 were unchanged. A total

coal mining and threatened to while 98 made new lows. { halt automobile production. Oils produced some wide gainWall street anticipated a shorter when the industrials led the strike with a settlement of sub- jist Their gains ranged to 6

ed by the Wage Stabilizationimore than 3 and Cities Service 3. Board. This, the traders reasoned, |Chemicals had gains ranging to would set a pattern for other in-imors than 3 points. Firestone dustries, and freeze a new infla- was more than 3 points up on the tionary potential into the econ- week. .

omy. Aircrafts perked up under the Satisfied Traders {lead of Douglas which netted 3 The Suprema Court decision points. This group got a boost satisfied the traders’ best hopes, from the remarks of the two! the analysts said, and was cOD- leading Republican contenders

first reaction of the market was/

phir Affiliates of NAREB Murray called out his steel-| workers. » All

{ly with ' the

car d akes it loo Th IE aitiinal S158 OB the “decision, . Later] +{in golors to match your oer. ne collective-bargaining prices slipped off when :

{practically all times in the week A total of 1395 issues appeared as a result of a liberal accumulajon the tape during the week. Of tion of choice and prime steer these 839 advanced, 337 declined Peet carcasses in dressed trade

On the other hand the supply of

|down railroad operations, reduced of 133 set new highs for the year weights under 1100 pounds was

hardly sufficient for trade re-

(quirements, but finished steady

to 50 cents lower. High choice and prime over 1150-pound steers

stantially the bundle recommend-|noints in Barber Oil. Shell was up generally showed the $1 decline

and sold at a new low since November, 1950. ;

DISTRIBUTOR WANTED

A recent item in Parade Magazine I

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strued as highly favorable, The tor the presidential nomination, | Thich: unseratches your car’ Ii 8 vy

hides little nicks and scratches on your like new. It comes

Thousan

of replies came fron Indi. 11s.

es want you to represent. us in

* 3 Indianapolis and .eash in on the tremen-- + Affiliated organizations of the §ous profits you can make from Lyb-Nu that happened Monday. National Association of Real | fesponsible individual. (Tuesday, the list moved narrow-| Estate Boards include the Na- bis e in. Or he may be tendency - lower. tional Institute of Real Estate Joi Si is is fasncislly abs fo carry

m business and w own business again. ‘Or

(Wednesday, the rails got into ac- Brokers, Institute of Farm Brok- | on.

}

{was good, and many bought the Real Estate Management, So{issues heavily with the result the ciety of Industrial Realtors, ‘average made its best gain since Women’s Council and Secretaries {July 24, 1933. It ended the week Council, lat a new high since Mar. 25, 11931. The rails tired a bit on Thurs-

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SUNDAY, Those Bad Bi

Average cost of fixing up a is 10 to 135 per chase price, plu penditures, ace Lockyer, presid York Boclety of praisers: Writing in t gage Banker said: “This 10 to 1! such items as

-~ {ng, modernizin

ernizing bathro and heating | work, new hay miscellaneous f{ “It does not | as changes in | ination of free-s major alteratio sign, installatic rooms, lavatori garage space. “Even after tion, it is still 2 old neighborho undegirable inf ually creep int hoods, “Progress ha neighborhoods. opment is tak suburbs. “The automo ways and a s have obviated t ing within wa station, school Mr. Lockyer America want cars, new refri vision sets, nev “We have an changing the |

Bond Pri Up in NV

Real estate tinued their up May with all cl in this investm« ing important j The 40 Bond the Amott-Bal Price Averages cent for the mc crease was | April. For the Averages show cent. E

“The average

*bond on, May

as compared v 30 and $861 at In the classif property the fo

“scored during

{ssues—up 0.5 apartment hot per cent; eight ing lssues—up 18 ‘office build! per cent. For the year centage chang groups are as tel issues—up

apartment hot

cent; eight aj issues—up 3.1 } fice building 1 cent.

Essay Cont

The Nation: Real Estate B for the second nation-wide ei public and pr students. The be, “What th Means to Me.” receive a flve-( ington.

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