Indianapolis Times, Indianapolis, Marion County, 29 June 1952 — Page 40

j . u En oT Si : 5 - S » . 4 - » . 1 é& ° a " xe Sf ered SUNDAY. E ¥ THE INDIANAPOLIS TIMES SUNDAY, JUNE 29, 1952. Builde : G O Wins Ford ps B"H Doctor Suggests [rots ot imma wich wit u Ruisic arage vywner wins rora | 3 Ba a Business Oullaok- | 9 Home Treatment . ig a Legisle " . a ying Foxes By ROBER Economists n In Polio Cases | meveps sons maa: | Hie: , kes - 5% y Scle co a ° V | CHICAGO, June 25—Many pa- popularly called ying foxes. They a a AP hi t outSkeptical 7 nr ee ee sp Fouts” contr

{taken care of at home instead A pul 'of in a hospital, if views of Dr.| . Cg {Philip M. Stimson of the pedia-| SR Tw [trics department of the New York shoday VA | ospital-Cornel) Medical Center| Sat ation w! are followed. | Most patients with suspected venes " Janus |polio, with nonparalytic forms, Te See and many with mild forms of last weak apps the disease “might better be eX ind cared for at home,” he believes. a eral ald In | Among the advantages of home| RE

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By J. A. Livingston Skepticism is on the increase among economists. They are “feeling for the top” of the defense boom. The economist for a major manufacturer said in reply to my | midyear questionnaire on the business outlook for 1952-53: “lI count myself among the ;

‘older generation’ of economists| The possibility 1s businessmen who question a permanently ris- may have overdiscounted the deing or a stable business curve. Iicline, that a buying wave will refeel that general business condi- cur and carry business upward. tions will improve temporarily in| Most economists don't regard

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care of the polio patient, he bullde points out, is the important fact requiring {the patient is saved the fatigue, excitement and nervous ‘tension

ranty on each under the VA

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the second pay 9. ke J%52 5 Inflation 24 3 majp problem any ; ame w at (of the trip to the hospital and, recting sha vel better year than '51, rilonger—e en as the House of : . i i re or owner Rev. H. O, Black- [the “excessive handling” that] ; ; that the trend seems to me to be Representatives, which has fust THE WINNER—A 1952 Ford is presented to garage owner b 138 Kngaley Or "Hall sold Hall-Whistler Co. The new owner is Js ily goes on during the first . - work ‘any bal down.” voted to end price control. | Maurice Bailey, who operates at 30th St. and Northwestern Ave., ive Ketchum ; |days in a hospital. | TRa7s aps aap make good

Leaders of t industry fought cessfully, agah provisions. They asserts against warran National Asso Builders has a

Optimism among the econo-| Wholesale commodity prices) : : : Mrs, Other advantages are: Mos$ mists has been in a decline for a are expected to go down about 3| by the Indianapolis Ford Dealers at their party for parts dealers, 8

vear and a half. In December, per cent from current levels and] 9979emen an fleet servicemen this week at the Murat Theater. parents prefer to have their sick]

| . Construction Is : sede? hild at home. There is much 1050—six months after Korea— the cost of living about 1 per Left to right, A. F. Bauerbach, district manager for Ford Motors; | All Grain Futures So in’ Indians Hi ft tome, ‘There is 1 ue LOVE N

nine out of 10 expected produc- cent during the next year and a| CHF Hart, owner Hatfield Motors; Mr. Bailey, and O. F. Yando, | tamil the child. Financial EW YORK, Construction con-|family and the SHEET METAL CO.

Today, only eight half. Farm prices are expected to! ional mana for Ford. { i Br Ao A Bit Fo RL nh Bh I nagar fur Ford tracts awarded in Indiana 1in|COSts are less. Hospital beds and | economists—one out of five—are doubt, bountiful crops are an in-|

{nurses are freed for more serious IR-1930 .85 million, less| 4101 E. 10th St. Rails Hit 21.Y Mark: Tend DOWNWart am isies sioss mition. res miss a treed for more serene ails Hi -Year Mark; |

fluence here, { or volunt. that hopeful. | "Total weput of goods and serv: land 4 per cent more than April The family doctor, who has the) a yay a Two Out of Three jloF8 1 pected to go up about. 2 le CHICAGO, June 28-Gratn fu- "2 oo 1.4 Cor. said thel of the House b . per cent from now to the of | ’ "1 TW. e Corp. s e The Jorécasts 8 imo Tour pal the year, and then Jo tne end of | ndustrials Near Peak tures were easy to weak on the, month 1952 total was $132- buluer Said b terns 81 erpeeration: continua-/0ff by December, 1953, to about (Board of Trade today prompted 795000, an increase of 8 per cent ant E- spo} industria pro etion: lateau: & Where it is now. By United Press {Union Carbide, and Westinghouse PY favorable weather forecasts , .. 1951's corresponding total. VAD Ysdu 5 Ap tion of the : wns: p decline] The same is true of industrial] NEW YORK, June 28 — Blue Electric, over the grain producing areas n,n residential awardsinm A i \ «GC 8 A provision ha ) fite, then = I we how Production, only more so. It's chips led stocks higher during the| oo. (0 Wo rails were well 2Nd Increased receipts on the cash (oro $21.7 million or 23 per cent| Nj VPERIOR /VIILLWORK builder would h The following BS iis have Slated to advance from the cur- past week on slightly increased gisiriputed with the wider ones market. {lower than March. | - i fund of about 8 the views ol e rent level of 214 to 222 by Decem-| volume, in Atlantic Coast Line, Rock Is-| At the close, wheat ruled 1!3| Residential contracts of $22.42 middle-priced Shifted: 19% 18% 34% 33% ber, 1852, and then drop to 219 Rallroads continued the out- 12,4 Kansas City " Southern. |t0 2% cents a bushel lower; corn million were substantially more of 1] 3 N IE +] N FO 2 )) Rl Wg 4 : 3 CO. complaints anc ine FORECAST OF PRODUCTION by June, '53, and 214 by Decem-|standing features. Their average Southern Pacific and Southern! to 1% lower; oats 3% to 1 lower; than March this year and April m 1 & against all ever Date Up Level bn, Qa ber. '53. The bare figures over-|rose 1.95 points to 102.39 on the Rajiway, Santa Fe raised its divi-|TY® 1% to 2% lower; soybeans jast year. | AA ARC ICR APE LYRIC RRs) $300 would go Recey -He A 7% 8% emphasize the rise over the next Week, to a new high since Mar. qenq by 25 cents but the first re-|1% to 2% lower; lard 2 to 10/ Public and private WOrks and se——— the house. Boe, he” ip oman Tt the six months. Some rebound from 11, 1831. Industrials closed the action to it was a decline. The Points a hundred pounds lower. [utilities totaled $2.52 million, a Congressional

the shutdown in steel is auto-| Week at 272.44 up 2.25 points and gtock gained more than a point! July and September wheat de- decrease of 69 per cent from| EE pemsiata Faas increased Mati: their best level since last Feb. 2./on the week, however. Po" lclined to a new low price for the March. | outright pes The industrial average at the| vy. 100i shares and motors 56250N in today's session. Hedge Session ll

from 3 per cent in December, i i | {fom 3 je pe Autos, Wages, Prices week end was only 2.96 points be performed well in the face of the|"¢\lin8 Was in considerable vol- EUELISR{UI 210 3]

only that. but an increased pro-| Auto production is expected to low its 1052 high made on Jan. steel shutdown which was threat. |U™® and scattered selling was] L013

however, the He from again on bers of the Hot mittee are said some kind of 1

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22 and 3.93 points under the 1951 brought on- by reports of good! needed on hom portion of economis per decline about 15 per cent from 13. {ening to paralyze all industry. | Unexcelled Through cent feel the defense boom has current levels. Unemployment high sot a Sept = ae. 1951} Hopes for an early end of the |T3in in the spring wheat termtory. | 80 Y f A HOME government yor just about run its course, Half of will rise from 1.6 million to about trials since 1930. jstrike sustained the market, the| Harvest operations in Kansas PX 20 ears o veterans alike.

these feel the turndown in pro- 2.35 million, according to the con-| 'experts sald, Wall Street clung|ar® now general and the cash Bees will come after Decem- sehsus. The most pessimistic |p» ities ittied ruts OR |e naciously to its adage— never market in Kansas City is weaker ber, the other half, not till June, forecast is for 3.5 million unem- |; oun qeoins EVER BOP sell on strike news.” {with ordinary No. 2 wheat quoted 1953. All told, two out of every ployed, which isn't highly pes- oe There were several features) Expect Post-Stelke 5 {at 5 to 6 below the July future three can be classified as bearish. simistic. In February, 1950, 4.7 xpect Fost-Strike Spurt {price, |

This majority is; in itself, a million were unemployed. ee ierage. group, The Some market men held that the| Trade in corn futures was light cause for skepticism, One econo-| Wages will go up, contrary to highs on acceptarice of the Whole economy would spurt when today. Oats were easier today us mist wrote: “I look for progres- the trend in production and prices| on for Mquidation of the com. tne steel strike was over. Hence, |they followed the trend of other sive weakening in the durable from $66.32 a week to $68.30. pany and Montana Dakota utilg- (they reasoned, the strike would grains. | goods sector of the economy. No - doubt, the feeling, is that's.” ontinued to respond to the (end to prolong rather than end Soybeans a weak on | so gEAAtest Iisgiving is that . aly hourly. rates will getia ft from, Coogi tin TR Te be ithe boom: on oops nara (Selling prompted: by the-weakness: ©. iewpolntsssms ts 8 Yairly com the ultimate, gieer Rettiementz- agua NCALIS SEE SOR Un indiviatiapiD-the gEain At and. ta some: sx “ mon-and-therefofe suspect: ~~ 1 One economist—expee 5 weekly, " : i *ishares met with immediate mar- tent bythe action of Congress in When enough persons come to wages. will get to $78 by De-| High Grade Leaders ket response, Dow Chemical and voting to maintain price controls : expect something and act upon cember, 1853. He's not:a union, What Wall Street liked about Atlantic Refining sold off on for a temporary period of time. |[i.. their expectations, the expected economist either. The most de-the market was its high-grade financing plans. ; {

Manufacturing Experience ~~ MILLWORK OF DISTINCTION

may not happen. It may be over- flation-minded economist expects leadership. What it disliked was \ discounted. Back in December, a pay scale of $60 weekly. the lack of vigorous trading. OPEN SATURDAY G=-A-R=-A-G-E-S Delivery 1850—after Korea—91 per cent Residential building. is expect-| There still was considerable : nd: HOME MODERNIZING Order of the economists expected large ed to be down slightly. No great selectivity and many issues out- - and . E-Z TERMS scale industrial expansion. So did change in the bond market {is side the average group registered SPECIALISTS CUSTOM N business executives. They feared looked for. The same goes for gains ranging to more than 4 ig ow d . shortages. |department store sales. The points, notably in Motorola and | i PRICES {latest index number of depart- Cities Service. Nearly all the i 3 2 ig Defeat {ment store volume is 108. The!televisions were higher with FENCE | ALY i N D recasts {forecast is for 108 in December, Motorola on the lure of the Chi- : Lawn Fence, ypes : oo Down There wers buying sprees in 108 in June, 1953, and 104 in De- cago political conventions and re- LOWEST PRICES Ornamental Lamp & Mall Boxes [Iron Porch Rall and Columns Terms of | : ber, 1953. moval of the ban on “making of NO DOWN PAYMENT July and August, followed by buy- ¢®™m | ing sprees in January and Febru-| _ AS for the stock market, the color sets. ! Visit America’s finest display Free Estimate—Easy Terms—Matorlals Only or Erected

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Consequence: Neither the boom 420 industrials, now around 205, creased dividend, among the lead- o fences and von work.

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nor the scarcities came up to ex- iS expected to sag to 199 by the ers. Gains of a point or more . Display Room } a or Call for Prices or Salesman. pectations. | year-end, 193 by June, 1953, and were noted in such blue chips as 2 N. Meridian } Similarly, the expectation of the| 188 by December, 1053. The Wall| American Smelting, American - LT 3 © Insulated ’ coming business decline has Ine} Street Sptinists are not dee op-| Tobaces, Helles Fens, Goard,| : ’ Siding, Roofing duced caution {in purchasing. timistic, either, e high fore- Roebuck, ontgomery ard, | | Businessmen have ees reducing] cast is for 220, less than 10 per Standard Oil (N. J.), Texas Co.,| SPIVEY BROS. ROOFING CO. inventories. Recessions have cent above current levels, but the fr ——————— OR FREE uh 5 BS Tnfies rs Madison af Troy Ave. | dress, men's clothing, appliance, 20 per cent to 155. vailable 1D-3224 GA-1943 | {

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