Speedway Flyer, Volume 20, Number 47, Indianapolis, Marion County, 29 August 1952 — Page 4

page 4

Back to school 'daze; k ifwsas J

Let us help you take the daze out of back-to-school days. The items below represent only a few of the many we have on display—all upright quality and downright values! Come on In, If, only to browse around.

J

I; ? > ■ z

(from Battar Hornet * Gordon* HANDYMAN’S BOOK)

SPEEDWAY HARDWARE 1812 N. LYNDHURST BE. 3156 OPEN MON. and FBI. NIGHTS TILL 8:30

Patronize Our Advertisers Before You Buy, Chc-L T/te Ads

x NOTIONS and 4 OFF BEAUTIFUL HOOPED APRONS _ $1.49

WATCH FOR OUR GRAND OPENING TO BE ANNOUNCED SOON

- 5308 W. 10th STREET

S J sHHHk 9H|MB<- ?

fbsNipt 81*49 2-call locating flashlight. Snap-switch, streamlined metal case.

21

LIGHT |Ka BULBS lae ®°* Dependable, long-life, buide frosted lamp Mbs. 25-40 or 60 watt.

re I

FOOTBALL $3.25 A full-tixe quality football ... of a low price.

HIHTS r fcHcnzLqmftn. NO. 7 U REMOVING SCRATCHES To remove shallow scratches or hairline cracks, soften finish so it runs together—with alcohol for shellac, turpentine for paint or varnish, lacquer thinner for lacquer. Let dry 48 hours and rub smooth with rottenstone, clean and wax. Sometimes painting little scratches with iodine or rubbing with walnut meat will do the job. Wax of the right shade may suffice.

Report On Small Loans One out of every five Hoosier families—faced by a pressing financial need beyond their immediate resources—turns each year to an Indiana licensed small loan company for temporary help. The “typical” family gets a loan of $228. And, most likely, the money is used to pay debts owed to scattered creditors, to pay emergency medical expenses, or to pay repair bills. Such loans to 473,475 Indiana borrowers during 1951 totaled $108,093,618.45, Joseph McCord, director of the Department of Financial Institutions reported today after analysis of sworn annual re-

IF YOU HAVE REAL ESTATE OR INSURANCE PROBLEMS WHY NOT CALL v ■ Mitchell-Waltermire Realtors CA. 0014 CA. 0014 3330 W. 10th Street Or Call Evenings GEORGE G. MUELLER 1614 Cord St. BE. 8009

Bike PaM 85c

LUNCH BOX $2.89

Sturdy Padlock 25c

NEW LOW SUMMER PRICES ON VENETIAN BLIND CLEANING REPAIR and REPAINTING For Free Estimates Call: IOZZO’S VENETIAR DUND MFG. CO. 4000 W. 34th St. _ Indianapolis HI. 0380 10 YEARS EXPERIENCE OPEN EVENINGS

WII k S. f fl fl ✓£] Fl W After Class? 4»pre-testeo z<\X <UfA Pollwarrot Zot n\ pg 4 W Ghr Wwo n ]Sr ')& Here’s a double duty buy, for Poll-Parrot’s n» 1 1 include neat dress-ups, dainty straps, rugged x^® sti W"^ oxfords and shinny patents. But whatever style you choose you know they are pre- W tested to give you value plus in every pair. Come in soon while our stocks are still complete. $4.00 to 36 JO jflMy According to Size and Style " (Infant’s Poll Parrot Shoes, $1.95 pr.) OPEN UNTIL 8 P.M. FRIDAY NIGHTS MARTIN'S SHOES 1462 Man Stmt CYprau MM

THB-SPteDWAY FLYER

ports of the 442 small loan companies, all licensed and regulated by the state. McCord said the reports show the average size loan in 1951 was $228.30 as compared to $186.02 in 1950, and that the total amount of money loaned by the licensees increased 43.6 per cent over the year before. During the same period, the number of persons obtaining loans rose 16.8 per cent as revealed by the reports.

Before July 1, 1951 the maximum size loan permitted by the Indiana Small Loan Act was S3OO, but on that date the ceiling was raised to SSOO by the Indiana General Assembly. McCord skid the reports show that '18.21 percent of the loans made during 1951 were in the S3OO to SSOO bracket

During the year 8.79 per cent of the loans were for amounts of SSO or less; 25.78 per cent for amounts from SSO to $l5O, and 47.22 per cent for amounts from $l5O to S3OO. The reasons why Indiana families seek loans are shown by an analysis made by one of the large national companies operating in a number of Indiana communities. An objective of consolidating debts led the list with medical, dental or hospital expenses following. Other priority needs were repair bills, taxes, travel expenses, assistance to relatives, and purchase of home furnishings and fuel. Loren H. Brewer, supervisor of consumer credit in the department explained, that the small loan law was enacted in 1917 to provide a legal source of cash credit for Indiana families and enable them to borrow for personal and family

See the AUTO SEAT COVERS Bh si a.. 95 x * ree Installation We Cm Rt Med ten ei lib Mce Great Value! $Q.95 Complete Setl Plastic Coated Fibers < ap Free Installation SEAT COVER SCOTTY 2742 West 16th Street , AT-P 672 Open Evenings Men., Wed., Fri,

Patronize Our Advertisers SHOP LOCAL STORES

needs at a reasonable rate, with the privilege of repaying in installments. The present rate of 3 per cent per month up to $l5O and 1% per cent above, with the interest declining as principal is reduced, was set by. the department in 1933. Reports of the 442 companies showed further that' their assets increased by $17,860,760.31 to a total of $65,547,912.16 during 1951. Their average monthly rate of interest on unpaid balances decreased from 2.47 per cent in 1950 to 2.41 per cent in 1951. Ratio of net income to employed assets, before deduction of interest on borrowed funds, was 5.88 per cent in 1951 as compared to 6.7 per cent in 1950 and 6.96 per cent in 1949. Indiana small loan companies paid a total of $4,429,646 in salaries and wages to their personnel in 1951 and taxes and license fees totaled $2,069,147.

jfl CTylfc , SkjW 3k : ' oka- tgsss ||||.. Z w ® ''•J , __ ' - m._ X Nothing like the telephone \ to get things fixed—fast! . when something needs fixing!

• Broken window! And wouldn’t you know it? Just when you’re expecting guests tonight!

Rea

Dowa * goes—tough now under, ground coNe to meet Me need/or more tdgphone ssrsioa Lend covering proGallos JNFOIDCtMNB jo? At GWUVW BIUBmId • a • <bmimw you dopondoUo 9 GovuHb* free eenicefer the yean So eeme.

INDIANA BELL TELEPHONE COMPANT

AT THE FAIR Harb Shrinar

(Mstte flhrlww hm gainsd Mleasl I aoa flor hi. humorou* fucullectisaa of hli star with aaothsr ■•ester wroflwt. TH?! in* the fleet few flare es the hrnaa 9ti HERE COMES MY FAVORITE time of the year again. Thia is the time we all pile on the family, car . . . I aay “on" because that’s what we used to de, but now since there are no Funding boards on can anymore, wo have to try and got aH of us inside . . . and then, we’re ready to head for the State Fair. I REMEMBER HOW IT was whan we were hide . . . we’d get up so early to leave for the Fair that our clothes were.still warm from the night before. But by the time wo got up Dad bad boon up before u* and had his coffee aU saucered and blowed. Naturally us kids always looked forward to going to the fair, ’specially ’cause it gave us a ebaace to eat away from home. The only other time we’d get to oat out was when the kitchen was being painted. KIDS ALWAYS EAT TOO much at the Fair ... I remember the year I ate four hot dogs, eight ice cream cones, had three bottles of root beer and five taffy apples. I really wanted some cotton candy, too, but my folks didn’t want to take a chance on mo getting a stomach ache. That was

Another factor in consumer installment lending, the industrial loan and investment companies, also rendered an increased service to Hoosier borrowers last year, the department stated. The five Morris Plan type of lending institutions in Indiana, which loan money in larger amounts at rates fixed by the state made installment loans averaging S4BO during 1951 compared to an average of $445 in 1950. Their loans totaled $11,531,774, and savings deposits increased by almost $4,000,000 to a total of more than $17,500,000. Meanwhile, the 65 industrial loan companies which do not issue certificates of investment made an average loan of $769 in 1951 as compared to $664 in 1950. The loans totaled $29,473,453 and assets of these companies increased by $4,000,000 during the year to a total of more than $43,000,000.

No real problem though. Just reach for the telephone. One quick call and help is on the way! Yes, no matter whether it’s a broken window, a leaky roof, or what—you can always depend on the telephone to get you in touch with someone to fix it. Yet, in spite of today’s skyrocketing prices, the cost of telephone service has remained low. It takes a smaller portion of your family budget now than it did ten years ago! And service‘is far better today ... you can reach twice as many people! No doubt about it: the telephone is one of today a best buys!

th* earn* year they came out wtth that chfleolato eulorfld taffy . . Kida liked it buMUM ft dteal show the dirt m bad. I’LL NEVER FORGET at «ba excitement at the Fair • . . AB the thing* to cue. Whoa I gte a little elder I aaed to be eraay abeut the square daadag. Why* 1 was a regular dandag feM • • • When I’d get eut ea the ffeeui pospl# GR*dl Is BBBe CBmuß feel dandag.** ANOTHER MEMORY es tee Fair teat I like to aedag al tea pretty girls from all ever the state; . . . Girls in die big dty aza kiad of different . . . One thing abate big dty girto—you gotta hand ft to ’em . . . Might as well hand ft to ’em, they’re gonna get ft anyway! ANYWAY, IGUEM teat everyone baa bls own favorite aaenioriea es the fair, and whatever your memoriM are of the fair, 1 do hope you’ll tame ea down ... I'll bo there with Phil Harris and a swell show . . . We’ll bo at the Coliseum August 28th, 28th, 30th and 31st ... Hope to see you at the Fair ... Meet me b/ the pink lemonade!

Bill Shirley To Appear t At Grotto Benefit Game Indianapolis born and bred movie star, Bill Shirley, has offered his talents to appear at Victory Field next Wednesday evening, for the Marion County Society for Cripple Children and Adults benefit baseball game sponsored annually by the Sahara Grotto. Alvin Light is general chairman.

Learning of the large number of polio cases among children in Indianapolis, Billy requested permission from Republic Pictures to help come home and do his bit. “Sweetheart Time” was under filming so the studio rushed through the last scenes, urging Bill to fly back to Indianapolis for the benefit baseball game between the Indians and Charleston. The movie star of “I Dream of Jeannie” which held its premier here in June, will arrive on TWA from Hollywood Tuesday moaning at 8:30, and will be greeted with a group of children from the Marion County Cripple Children Society and all reception committee. He will be guest of honor -at a joint dinner-meeting of the downtown and northside Sertoma Clubs at noon in the Washington Hotel. In the afternoon he will appear on Chuckles Open House over WISH at 3:05 and 3:30. Sid Collins will interview him over WIBC.

Next Wednesday, the night of the benefit baseball game, Bill will visit Riley and Crossroad Centers, make radio and TV plans for the benefit game attendance. Bill will rush to Victory Field for pre-game Sahara Grotto pageantry at 7:30 o’clock of the Grotto band, drum corps, drill team, revelers, cast,.glee club, clowns and horse patrol. Rex Allen, “king of movie cowboys,” appearing at the Fairgrounds with “Hollywood at the Fair,” is expected to lead Sahara Grotto horse patrol with all his trimmings, according to Mr. Brager of Republic Pictures.

Red Cross At State Fair The anticipated million Indiana State Fair-goers will receive First Aid coverage from Indianapolis Red Cross from August 28 through September 6. The Red Cross Emergency Hospital, located north of the Manufacturer’s Building, will be managed on a 24-hour basis. Ambulance service will be available on call. Two First Aid Stations, one near the new Conservation Building and the other in the Grandstand Building, will be open from 8:00 a.m. to 11:00 p.m. More than 100 fully trained Red Cross volunteers will cover the 12-bed hospital and the two First Aid Stations. Approximately 10 volunteers, including doctors, nurses, First Aiders, Gray Ladies, Staff Aides, Motor and Canteen Service workers each will work a 5-hour shift on a daily schedule. Indianapolis Red Cross has been serving Fair-goers for many years offering First Aid to illness and accident cases bound to occur when so many thousands of persons congregate. About 2400 1051 State Fair-goers were given Red Cross First Aid. Gastroenteritis Transmissible gastroenteritis which causes securing, vomittag, and heavy death losses—has eecome one of the nation’s most oastly baby pig diseases. according to the American Veterinary Medical association.