Indianapolis Times, Indianapolis, Marion County, 21 July 1952 — Page 13
a nT
rum St Yo
rast rRTTIVeREsRRRYY
7 the Republin§t what he's ocrat “shortly 3 nomination.
ld be: “No, I:
what he’s for,
't it true that f the Truman foreign policy wounts of our wroughout the which show iples and, inhem pawns in ities? isenhower is outh UMT, a * conscription militarization
8s solemn obli>eople on July r cut issue to re than ever, lance for the of his duties, 1e counsel of Dewey, and hat” with no cal, state or
| for the Reee, However, way this fall it the Repub- ’ presidential 1 and underor the future of peace and ified for the
-Disgusted.
ds of Democan himself, e, who could candidate, a n the nomirimaries the . This was a by real Re-
ld have had pendent and olition. The ed, many of wer will win ate. sincere adnd every one oting to the d of for all
it. Indiana; -
trio in hold 1st prosaises. _our ship of fenced pilot,
ir reporting Taft-Eisen-rially at the
eridian St.
, Republican
an of Indiewspaper in the Repubs a disgrace
publicanism st Mr. Pul-
presentative tainly is no lee members lacing Gene
mittee can- | their comhing wrong ould be the Republicans plection, pect you to enting their o follow on is men like te known to ndiana. lo surrender m?
pfordsville ~~
ose ritt, director gue for Posaid, howppy to note avors repeal f our cause n the Senate on of Con-
RTLEY Law )4T—after a ght — by a blicans and emocrats In d Senate. It d in some but attempts have failed. pts was one faft (R. 0.), of amendSenate with aid, of remurned up in ministration ‘aft amendrated in the ublicans neuver was g the Taft- * campaign
FALIZE on $s and their nly elect a 6d ~= they athetie Con'fuman has for Taft. it has been 58
presidential - a on a Taft-Hart.
»
!
EST TE
- pricious” decision of the exchange.
- tion is exported and a third of
MONDAY, JULY 21, 1952 len
Business Notes—
Stock Exchange Puts
Leisure Time First
By DON.TE SATURDAYS OFF. appa
VERBAUGH rently, are more important t
members of the New York Stock Exchange ‘than keeping the nation’s millions of stockholders abreast of the market That's clearly what the exchange’s decision to extenc
their closing hour from 3 to 3:30 p. m. (New York time) means. Most of the nation’s afternoon papers, ‘which today, carry the closing quotations, now will be. unable to present this important; Information to their readers. The exchange late last week voted to drop regular Saturday sessions, which had been temporarily dropped for the summer; months, and to extend the Monday through Friday trading sessions from five to five and a half hours. i That means many afternoon) papers will either have to replate their final editions or present incomplete market reports, ) And there's rumbling from the PM editors that they might just forget about the closing quotations altogether, . That would hurt the exchange and in the long run reduce trading, for the exchange needs the
awarded the firm's gross sales award for the year. : Mr, Leete’s net volume was $1,876,000, bringing his total since 1932 to more than $17 million in insurance on 1263 lives. ! F. 8. Harbridge and Jack Brown, also of Indianapolis, were honored for increases in sales for the firm, the sixth largest in the nation,
The Average Man
Are you average? If so, here's
what you have to look forward,
to in 1975—if you're still around then. By 1975, according to the Bureau of Labor Statistics, the av-
erage man can look forward tol:
nine years of retirement before he dies. Right nBw it is about six years. The 12 million persons over 65
|
i
.itoday is about twice as"large al newspape t 3 : i papers more than the news ® | Marine Pfc. Ronald Leo, sweetheart of the late Elsen Fahey, who
was shot and killed by a would-be scientist on the’ campus of Co-
papers need the closing reports. And of course, you the- reader will be the sufferer. Edition deadlines are not mere hours pulled whimsically out .of the air. They're largely determined for newspapers by train, bus and cartage schedules, time need-| ed for regular circulation routes of earlier editions, and, of course, the eight hour day, , A poll of editors of Midwest afternoon papers by the Wall Street Journal indicated many editors do not intend to change their schedules to meet the “ca-
As one editor put it—“The new closing hours of the exchange certainly are not in keeping with their program to encourage public intérest in stocks.” :
The Swiss Watch Fracas
There's a trade war brewing between the U, 8. and Switzerland. The U. 8. Tariff Commission has urged that domestic watchmakers get tax protection from Swiss competition. But officials in
Berne say they'll reduce imports|about his convention from the U, 8, if President Tru- here
man okays the. tariff. That could hurt. Last year the Swiss bought $186 worth of our goods, including $32 million worth of textiles and $13 million worth of autos.
a lot to the Swiss, too, About 95 per cent of their watch produc-
these go to the U. 8. Of the 10 million watches sold here annually, about 70 per cent contain Swiss movements or are entirely Swiss made.
Ward's New Catalog
Montgomery Ward & Co.'s new fall and winter catalog has a new look to it. The firm has lassoed sex and toothy smiles from
agers played New York songs.
that read:
its catalogiriman
portion as in 1900. Americans 45 and over may increase to 63 million by 1975— about half of the population aged 20 or more, And it looks like a continued surplus of women. Today there are a million more females than males over 45 years of age, but by 1975 they expect there’ll be six million more. And by 1975 our nation’s population will be about 190 million persons—40 million more than today.
Harriman Says
He'll Gain on Each Ballot
CHICAGO, July 21 (CDN)— unjustly imprisoned. Chief Justice = {Thomas E.. Kluczynski of the Chi-
Averell Harriman made no claims
but predicted he'll get
stronger on each ballot.
or the. Democratie nomination
“The U.S: watch market means for the presidency. —
His chief greeter was Rep.
Franklin D. Roosevelt Jr., his na-! tional campaign manager.
Outside the Conrad Hilton Ho-
teenmarched while a band
The youngsters carried signs “Harriman, the Man Who Can Beat the General” and
“Harriman for Knowledge and
Know-How.” At a press conference, Mr. Harsaid he had
illustrations after deciding that a;through 25 states in a 2-month
well turned nylon doesn't sell ladies stockIngs. Ward's drapes ’em over a hand. i
limb clad in sheer{C2mpaign,
‘A Forceful Stand’
“I have taken a forceful stand they overpowered him and called
|
| i | i | { | | | {
| |
LONG VOYAGE HOME—Sad journey comes tr an end f
lumbia University in New York. comforted by his mother after h too late for the funeral.
United Press Telephoto. or
Pfc. Leo bows his head as he is is Manhattan arrival from Korea,
Hunt for Six | Jailbreakers 3
§' KANSAS CITY, Mo., July 21—
. |an hour, but six remained at large,
{ | “We are looking for a girl who, }
' Imidnight when ‘a prisoner in an © isolation block called for water.
| A guard
By United Préss
Nine prisoners, including a sus(pected murderer, overpowered a lguard, stole an acetylene torch’ {from a janitor's supply room and ‘cut their way to freedom from the county jail on the 12th floor of jthe courthouse here today.
| Three were recaptured within
{including “Singing Joe” Nastasio {Jr., a Kansas City hoodlum who lonce claimed knowledge of the '1950 murder of mobster-politician | (Charles Binaggio. | The men at large are consid-| ered “very dangerous.” J. A. Purdome, Jackson County | sheriff, said “the whole operation!
_ {took about an hour.”
‘Looking for Girl’
was supposed to have met Nas-|
: [tasio with a get-away car,” Mr.|
Purdome said. The break came shortly after
Pat call.
Ruane,
janswered the He
{with a towel, while another in-/
{mate obtained his keys. |
iblock and they
lopened other cells, {
Imprisoned
For Befriending Drunk
By United Press : CHICAGO, July 21 —A man who tried to befriend a drink
{and wound up in prison because of
h
|
free today after 21 years behind
bars.
When Frank Kallas steps
{through the gate of the state [prison he can thank the Defense t© life for burglary.
lof
Prisoners Committee of the
|Chicago Bar Association.
Months-long investigation by
‘the committee convinced authori-
[ties that the aging prisoner was
cago Criminal Court is expected strength to order Mr. Kallas freed today.
Assistant State's Attorney Rob-
lert J. McDonali will make a moThe tall, balding Mutual Se-/tion in Criminal Court that the
curity Chief arrived from New Indictment against Mr: Kallas be . York Thursday to direct his fight dropped on the grounds he was f
denied his constitutional rights. For Began Christmas; 1930
The chain of events that cost
Mr. Kallas his freedom began on
{Christmas night of 1930. when he {stepped out for a few drinks in
! i
tel. ‘which. houses the Harriman|® Polish neighborhood “blind pig.”
headquarters, a group of
The speakeasy proprietor asked
iMr. Kallas to escort another pa-
tron, who had been drinking heav- 3
ily, home.
‘man in tow. {reached the drunk’s home,
I { |
{When his
‘Mr. Kallas agreed and took the & But when * they # the }
man was reluctant to stay inside. Mr. Kallas insisted that the man
traveled should go to bed, and the two be-
gan to scuffle in the street. The drunk screamed for help. neighbors saw Mr. Kallas wrestling with the man,
i | And ladies clothing is not dis-|on all the principlés of Mr. Roose- the police. played on models for a very good velt and the New Deal and Mr.
reason, They want their customers to focus on the merchandise. The money the firm saved by
{Truman and the Fair Deal” he isaid. “The grass roots Democrats|
eliminating model fees has heen are behind these issues.”
spent on color—there are 228 pages of full color. ° Generally, prices are lower than a year ago, especially in tires, rugs and soft goods. store’s policy of adding pensive lines has been continued.
Little Nipper Winner
Nancy Jean Gillock, 4, daughter of Mr. and Mrs. Jack Gillock, 2240 N. Temple Ave., will soon have a frisky new playmate—a
Asked if he had President Tru-
Mr. Harriman declared he will
pedigreed Fox Terrier pup. [Stevenson would enter the conShe was named one of the 100/test.
Mr. Kallas was charged with
‘assault and battery and held in {the Cook County jail.
Meanwhile, the disgruntled man
{he had attempted to help charged He also demanded a firm for- Mr. Kallas with “breaking and
eign policy to “hold the initiative we now have in the cold war.”
| |
support the Democratic nominee, | no matter who he is, and ex- | pressed doubt that Gov. Adlai]
* Variety of Homes But the/man’s blessing in his race, he remore XI plied: “The address of Mr. Tru-! man is 1600 Pennsylvania Ave, and you can get that information | there.”
With Income
In the real estate pages of The Indianapolis TIMES you
will find a really WIDE SELECTION of properties offered For Sale that can
mean a home for you plus an income that will help you build up your equity toward future security.
21 Years
dollar.” According to Mr.
is-act was scheduled to be set the Bar Association, Mr. Kallas!
was given a’ hurry-up trial on the morning of Apr. 17, 1931. He was sentenced to from one year
Mr. Kallas was on ‘his way to(in vain to attract attention outthe penitentiary before noon. He's|Slde by tearing up bits of news-
been there ever since.
. (choice
Siac, oR
manager of Associated Distributors, called to say Nancy Jean will receive her puppy very soon. |
New Members
Three Indianapolis CPAs have been named members in the American Institute of Account-! ants, the profession's national organization. They are T. H., Bernhardt, supervisor in the firm of Peat, Mar-| wick, Mitchell & Co.; Howard E.| Henley Jr., and Herman A. Lynch, | assistant controller of the Cen-! tral Indiana Coal Co. |
presiding officer of the Senate. For Civil Rights
Mr. Harriman came out vigorously for a strong civil rights plank. “Civil rights. is a national and not a sectional issue,” he said. “It is also an international issue. One billion people have black, brown and yellow skins. “We can’t be standard bearers all over the world unless we are standard bearers at home.” As for Gen. Eisenhower, Republican nominee, he said: “I've worked with him for 11
the
|
iyears, but when he embraces the!
Top Salesmen
Frederick D. Leete Jr. of the; Morrison Agency of the Northwestern Mutual Life Co., has been
PARTLY CLOUDY AND CLOUDY AREAS
philosophy of the Republican party, I'm opposed to him. “The Republican party impedes
progress and could lead this country to disaster.”
Fo Ty
%
4
| \ |
BE TN AIR sara FI THUNDERSTORMS Rm
national winners of the “Little es oma ot scent the Vice oa pnot Ni Ri ” - e e ’ + 4 Ea . ore Sadles contest. 2pon-| ould Be more useful to a Presi-| 7 Avis. motes Sed income, Jim. Franklin, record sales dent in his present work than as AT-I4I8 201 N. DEL. BL-10%
The ad shown here is listed among today’s offerings in classification 49 ApartmentsIncome. Many other income properties are to be found in classifications 48 DoublesDuplexes, 49 Apartments-In-come, 49A Business-Industrial, 50 Resorts-Cottages, 52 ‘arms, 53 Real Estate Exchange and 54A. Read these ads today and every day. Soon you will find the right one to suit your needs and desires.
TURN NOW TO THE REAL ESTATE PAGES.
The Times Is Indiana's Largest Real Estate 9irectory.
:] ASSECIED Anes
SHOWERS
Times photo by Bill Qoates, PICKETING PIGEON — Pat Tacoma, 115 Fletcher Ave., has company on the picket line at | E. C. Atkins Co. CIO Steel workers have been on strike at the saw works since June 9.
Baby-Sitting Service Set Up
At Convention
CHICAGO, July 21 (CDN)— Something new has been added ito politics. | The Democrats are setting up {a baby-sitting service for the visiting femmes with infant offspring, They are planning an eéentertainment service for the mamas iwith restless teenagers.
i i The Chicago Host Committee
|is providing these services with;
recruits from the young Demolerats of Cook County,
Official Weather
UNITED STATES WEATHER BUREAU
Ross (year & [ool com ~July 21, 195% JSchwitzer Cummins 5'a pid Sunrise 5:34 | Sunset B08 Sloat cor oid... Precipitation 24 hrs. end. 7'30 a m. 00 Stokely-Yan A Pies {Total precipitation since Jan, 1 28.37 ranner & Co 5%% ote ...... {Excess since Jan. 1 5.10/ Terre Haute Malleable ...... AE fain 0 8 Machine com. __...... The following table shows the tempera~ #45 {ture in other cities: United "Felephone 8% otd hd 3 Station Low “Ex dividend | Atlanta aa rare ales 8 BONDS | Boston | Vines 70 1Allen & Steen 8s ...... {Chicago - .... £ 78 | American oan 4's 60... Cincinnati ‘ » American rity 6880 ..., | Cleveland * ...... ‘ . 4 American . oan 4%s 55 nver . py 59 Bastian Marie) 8s 6 Evansville 5 a | Batesville ele Co 4%s ..... Ft. Wayne .. 6 Buhner ilizer Ss iy: Ft. Worth .. 78 |(Ch of Com Bldg 4's 61 ... Indianapolis 77 | Ss 62 in Angeles 59 iami 75
rleans :..... ew
Minneapolis-St. Paul ... ew rans “as Ni ork . « homa City Omaha Shes x "Pittsburgh...
— - »
een
eee and tossing them out of a winaaa dow.
“i|sows had a price range of $18-19.!
vealers. were 50 cents-$1 lower,
4 §31.50.22.95, top $23; 285-325 tL sows strong to 50
-below—is—much hotter, and that's | where you will go if you don't
84 i. 8 7% In
4 5 Ge JE ki]
refused vantage of the open doors and remained in their cells.
{cutting through a barred window Son” / ‘entering with intent to steal one/in a metal door. They made to Sen. Estes Estes Kefauver ( |their way to the main entrance
{ A matron, Stella Schultz, said she “knew what was going on, but my better judgment told me] to stay where'd was.” |
| She remained in the women's)
section of the jail and attempted
{paper striking a match to them
|
Hog Prices Rise At Yards Here
Barrows and gilts sold 25-50 cents higher than yesterday inl trading: today at the Indianapolis |Stockyards.™ =
Bulk choice 180-240 pound hogs sold at $22.75-23.25. A top of $19 was reached on ‘120-160 polnd ‘porkers. Choice 300-400 pound}
| Choice mixed year.ings and ‘heifers sold at $33-33.50. Utility: and commercial cows brought bids! of $19.50-22.50. ' Early, sales on|
|with choice and $29.50-30.50.
Hogs 6000; opened active; uneven; bar- | rows and gilts 25-50 cents higher; later! {less active: bulk choice §22.75-23.25, top $23.50
prime selling at
¥
1.75; 120-160 pounds $17-18.
400-600 pounds $17-18.25 | 3 : and choice
{ good {earings and heifers steady; instances] {strong on heifers; little done on several! (loads medium weight steers or on com-| {mercial to good lights; load high choice] |near 850 pounds xed steers and heifers. i834; choice mixed yearlings and heifers 1$33-33.50: load good to chofce.: medium weight steers 331.50; cows opened moder-: iately active, steady to weak; utility and icommerclal cows $19.50-22.50; canners and] (cutters $15-19; vealers opened rather slow, | early sales 50 cents-$1 lower; choice and; (prime $29.50-30.50: some .held around $31; commercial and good $25-20. ! Sheep 500: supply mainly trucked in native lambs, few slaughter ewes; fat] lambs opened slow: few sales and bids weak to 50 cents or more lower: few choice| {and prime $29: good and choice $2550-28:/ odd head good and choice slaughter ewes| Isteady at 37. i
{ {
Clergyman Tells Flock |
‘It's Hotter Below’ |
| SALEM, N. H., July 21 (UP)| \—The “mercury read 90 degrees. land the Rev, Wilfred. De Marais’| jcongregation was sweltering. | Father De Marais canceled his sermon, but called upon his pa-, irishioners to ineditate on one! ‘thought. “Just remember the place down!
behave yourselves.”
J ipa ——————
Local Stocks and Bonds |
—July, 21—"
STUCKS Bie Asked American Loan 9% .. American States Class A ... 74 American States 48% ord ... 24% Ayrshire Collieries com .... 15% 16 | L. 8 Ayres 42% pid co. 101 103% | Belt RR & Stk Yds com .... 335 38%, Belt RR & Stk Yds pfd on 82 . jobbs-Merrill com cee 43 Bobbs-Merrili 4%% ofd ..., 9 = duhner Fertilizer 5% ota wf ari Central Soya . 38% 31 |
{Chamber of Commerce com 22 Circle Theater com oe {Citizens Ind Tel 5% pfa . {Commonwealth Loan +% of R0 84 Cont Car-Na-Var ... .
{Cummins Eng com ver 38 Nn Cummins Eng 42% pid .... 97 Eastern Ind Tel 6% prd .... 96 |Fouitable Securities com ..... 26
Equitable Securities ofd , . Delta Electric com iarevin Family Finance com . Pamily Finance §% oid ... Hays Corp pid ree Hamilton Mfs Co com ces Herfi-Jones Class A pid ..., Home | % of
Ind Asso Tel $2 pid (nd Asso Tel $2.50 of Ind Gas & Wat com Ind Mich El 4%% pid ind [lelephone 4.8 vid irae indois Ath Club Realty Co... Ind Power & Lt com . ' Indpls Pw & Lt pfd Indianapolis Water com | Indianapolis Water 4% pid lindianapolis Water 8% pfd Jefferson National Life com ... Kingan & Co com *Kingan & Co pid {Lincoln Nat Life Lynch . Corporation P. R. Mallory | Marmon-Herrington com oo Mastic Asphalt cinnen | Natl Humes com | Natl Homes pfd wou N Ind Pub Serv com PH N Ind Pub Serv 4'% 4 rina N Ind Pub Serv 4'a pfd .. *N Ind Pub Serv 4.56 pfd ... Progr¥s Laundry com 21 Pub Serv of Ind 3% pfd ..... Pub 8érv of Ind com
| each pool will be in the finals July 31 at Fall Creek the city park and recreation department.
Di Salle Sees Ohio Split in ‘54 Factions’
CHICAGO, July 21 — Mike Di Mike replied. “I'm only eating for 60, Salle got to town today, and all four now.” wasithe eontrols were off-—the laugh|grabbed by a prisoner and choked ter. The roly-poly former boss of is the Democratic nominee foriand Mrs. [government price controls is a Senator from Ohio. He is pitted Three of the nine men thusimember of the Ohio delegation against Sen. were freed from the isolation;which will cast 54 votes in the who backed Sen. Robert A. Taft! ‘cident yesterday | immediately Democratic National Convention. in the GOP National Convention. | na A Asked whether there was har- | 1 Sheriff Purdome said 50 other mony in the Ohio delegation, Mr. Won the Presidential nomination, crash on U, S. 421 between Five’ to take ad-'Di Salle replied: “We're [We've got 62 delegates and only After obtaining the acetylene|54 factions.” {torch and two 50-pound tanks of lent the prisoners went to work, votes are
Twenty-seven
{Tenn.). . IBulkley group. He was askeq Bet Killed between those two|S. State St, suffered head cuts
rand walked out. |
Kallas and] ‘what candidate he favored.
“I don't favor any yet, but I am leaning. you know I carry a lot of weight.” | | A newsman remarked that he After attending a law enforce-| Mr. iseemed to have slimmed down a/ment. conference, i Z lot from the 230 pounds he packed officials found that their auto-|car with him was Lloyd Bettcher;: around when he had the harass- mobiles had been tagged for ille- 8, Kast Greenfield, who suffered: ing, price job in Washington.
40 pounds; 240-295 pounds)
3 i Jou 319; ce or more higher:| 00-400 pounds 318-1, few $19.50; |
MONDAYS & THURSDAYS
TINY TOTS TO PARADE AT WADING POOLS—Cute youngsters like the finalists in last year's. Wading Pool King and Queen search will seek the 1952 title starting Thursday. Tots under 6 will take part in eliminations at 1:30 p.m. at the city's 20° wading pools. The boy and girl winner from
pool.- The search is sponsored by The Times’ and",
‘Two More Hurt In Traffic Here Two persons were injured ir itwo accidents south of Indianapolis over the week end. : In fair condition at Methodist: {Hospital are Robert Huffman, 39 Mr. DiSalle (Michael V.) is a|Acton, who suffered head cut,
former mayor of Toledo, O., and|in an"‘accident Saturday night’
Leta Jones, 40, Haze' Park, Mich., who suffered head injuries and hip injuries in an
By United Press I “Yes, I've lost a bit of weight,”
John W. Bricker,
After Mr. Huffman was injured in %
Dwight D. Eisenhower | Mr. Bricker moved that the Gen-|Points and New Bethel. eral's nomination be made! Mrs. Jones was injured when unanimous. [the car driven by her son, James Mr. Di Salle was asked how his C. 16, struck a road grader of the Oh o|Senatorial opponent had fared agjacent to Ind. 67 at Foltz St. committed to “favorite during the GOP nomination. Mike
i yesterday. threw up his hands in mock!” . Robert J. Bulkley, and 3 horror. p B. Mock! In a truck-car accident here
“I was afraid he was going to today Otto Bledsoe, 38, of 520"
always in harmony.
Mr. Di Salle is in the)
{when his car hit a truck driven. mr sr i - by Marion A. Purpura, 23, of 807 Law Is Enforced |Greer St, at State and South: NEW HAVEN, Conn. (UP) ®astern Aves, Bledsoe was taken to court Methodist Hospital, Riding in the
bandwagons.”
And when I lean
several
‘gal parking.
!slight head cuts.
| 11144. § Nok
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