Skip to main content
The largest online newspaper archiveArchive Home
Pittsburgh Post-Gazette from Pittsburgh, Pennsylvania • Page 13
A Publisher Extra® Newspaper

Pittsburgh Post-Gazette from Pittsburgh, Pennsylvania • Page 13

Location:
Pittsburgh, Pennsylvania
Issue Date:
Page:
13
Extracted Article Text (OCR)

For Want Ads Only Call ATlantic 6123; Other Departments ATlantic 6100 SECOND SECTION FRIDAY, JUNE 20, 1947 Strike-Bound Freight at B. O. Station pean oi iuny Merchants pies at 79 Insurance Firm Here Seeks Loan Kevstone Mutual Short $1,500,000, State Probe Shows End of Meat Prices9 Rise Is Not in Sight Dealers Doubt There Will Be Drop Before Summer Ends; Cause of Boom Not Clear The increase in meat prices right now 'is like the rainbow the end is not in sight, meat dealers said yesterday. All the way down the line; cattlemen, packers and retailers are holding no illusions that skyrocketing meat prices will sputter and fall before summer is over. Realty Loss Here Seen Halted Now Assessors' Survey Shows Leveling Off At Billion Mark By Willard E.

Kennedy Port -Gazette Stiff Writer Nathaniel Spear Sa Business nJ Gc Leader Restricted from spending any of A Spear, dean of Pitts- ants ana iounuer ui died yesterday ai its funds and writing new business, the Keystone Mutual Casualty Company of Pittsburgn was apparently attempting to negotiate The steady drop in the value of Yesterday, the United States Department of Labor issued a report of the average prices of food in to Pittsburgh real estate, which has vpars OI servite 54 A loan yesterday to head oft tnes Death Ends Long Business Career Pittsburgh for the month ending possibility of liquidation. reduced the city's assessed valuation $250,000,000 in little more This was indicated by John J. 'leader, death came V' to the pioneer bead at his home, 5t T' T--irace," 5321 North O'Neil, a vice president of the firm, than a decade, has been halted. after State Insurance Commis May 15. It shows round steak selling at the average price of 69 cents a pound an increase of 1.9 per cent over the previous 30 days.

Hard to Find This was indicated yesterday by sioner James F. Malone, an a preliminary check of the men land street nounced that a complete examina nial assessment survey of property win ut tion will be undertaken to learn ser in Pittsburgh thirty-two wards, tfiiS the campany's exact financial po scheduled to be completed in will be private. Reporters couldn't track down round steak selling for 69 cents yesterday. It's up to around 79 sition. Buna i f' -U IV1 I I W'-' 4 I hale' -1 I -ft-' v.

-VV 1 i tt ii.i-tiiMMi ii i mhi4 iniw'i aim war. lushed Store System As the real estate values showed Short $1,500,000 cents and in some cases 85 cents, signs leveling off at a total below Previously, on the basis of a six- Pork chops have hit something of a plateau. In the middle of May, week preliminary examination to determine if the firm's reserve fund meets requirements of state insurance laws, Mr. Malone raised $1,000,000,000 for the fourth straight year, it was announced that the annual total of appeals from assessments has dropped 3,000 from the peak of more than tney were averaging 76 cents a pound which was a 10.8 per cent rise over the previous month. They're seUing slightly above that the question of whether or not the company is solvent.

10,000 in 1943. Asked if he looked for an in now. He said yesterday that the ex crease in the Pittsburgh assess trs productive me, ue mmpany he established Sf a 0-foot busings to a chain of and modern stores, ''n and five in vian New York. manv other field of merchan-" "Vr Qppar was one of the eg. installment selling 'fhP heloed promote until it universal in department a' and other businesses.

learning his trade as a Lk entrv clerk for a hat dealer Mr. with several as- If amination showed the company ment value total, Fred J. Hettling, was approxim ately $1,500,000 chairman of the board for prop That sidekick of eggs bacon -dispels a little of the inflationary gloom but apparently not for long. At the end of May 15, it was averaging 68 cents a pound. Now it's as low as 59 for the cheaper short under an act which requires all insurance firms to earmark funds for handling possible claims.

erty assessment, appeals, and review, said: "I do not care to make a pre While withholding comment on diction at this time. The 1948-49- the "question of Keystone's solv 50 triennial assessment is being ency, Mr. Neil said: conducted under the direct super grades, and as high as 79 cents a pound. Cause of Boom Not Clear Department of Labor statistics show meat prices generally have "Negotiations are pending to -Post-Gazette Photo vision of W. R.

Ahem, Charles ward the refinancing of the com y.i' tn Pittsburgh to Your refrigerator might be in this 1 00-foot Jong pile of freight. pany to place it in a position of solvency." He did not disclose the amount needed for refinancing. business in a five-story at 511 Wood street. fMrtof'V Peoples First Bank and Trust Company increased more than 130 per cent since August, 1939, and more than 66 per cent since V-J Day, Au Disagrees With Report gust, 1945. He stated that he did not agree on1 fniir The cause of the boom in meat NATHANIEL, SPEAK Browns Find Meat Higher and Scarce prices is not clear.

Meat men in Flynn, and William G. Kerr, board members and our assessors and sub-assessors." While assessment board members were reluctant to officially forecast an upturn in assessed valuation, little doubt was expressed that the downward trend has been checked. Downtown Rentals Up The steady increase in rentals received for downtown office building space and buildings in other wards has brought a heavy boost in revenue from buildings which wrere being operated at a loss be the East tend to divide the blame with insurance examiners in their conclusion that there was a deficiency in the firm's reserve fund. "That figure," he said, "was based on merely a spot check of equally between the cattle raiser 5 Cents Still Main Truck Strike Issue Union Continues To Withhold Names Of Contract Signers and the Government. Out in the West and Midwest, our records and is not correct.

The insurance department will the blame might be shifted in a different direction. The farmer, the packers say, move to liquidate the company, according to Mr. Malone, if "we find in our investigation that it does learned a lot about economics dur Mrs. Brown, the Pittsburgh ho.usewife, tossed down her pencil with obvious exasperation. "I give up," she exclaimed to Mr.

Brown, who tried to keep calni behind his newspaper. "You can do your own figuring. It's tough enough trying to shop on our weekly ing the war. He's learned to let Pittsburgh's 19-day truck strike not have sufficient reserve and surplus." the cattle only trickle into the fore the war, assessors pointed out. While land valuations in some fi'm grew in 1897.

a new store Topened a 908-10 Penn avenue. iWT it shifted to larger quar- Vrros the street, where it re-'fnXil May. 1942 At that -s after Mr. Spear leased the McCreery department store and spent $1,500,000 for and modernizing it, the Xnv moved into its present building at Sixth avenue Wood street. jT in Civic Activities to Solomon and Augusta on November 5.

1867, in 0., Mr. Spear virtually in 'his father's general jJe his education at country schoolhouse and at Hughes High School in in 1S95. a few years becoming a resident of Pitts- he was married to the for- market and thus keep the price up. was stalemated again yesterday as both sides in the dispute stood firm He pointed out that proceedings sections of the city will be re food budget, let alone sticking Government Criticized with five cents separating them. duced, many of the buildings have been found to be under-assessed, would be canceled, however, if Keystone raises the necessary funds before Wednesday, the date The Teamster demand for a 20- The Government is coming in for it was stated.

cent "across the board" increase a lot of criticism too. The packers The last of the court appeals in wages was scorned again by say they re gobbling up all the high-priced cattle in sight and spokesmen for the Western Penn set for a hearing before Attorney General T. McKean Chidsey in Harrisburg to decide if the company is insolvent. shipping it overseas. from the 1943 triennial are being settled and the $34,000,000 assessment reduction for that year as a result of the appeals, has removed Sliadyside Hospital Gets Gift of Land Robert Swan, Makes Donation In Wife's Memorv The property of Shadyside Hospital has been enlarged by a gift of an adjoining plot of land which may be used in the construction of a new hospital wing, it was announced yesterday by the board of trustees.

The land, with a 200 by 100-foot frontage, was presented to the hospital in memory of the late Mrs. Dorothy Leech Swan by her bus-band, Robert Swan, their children and her brother, Malcolm VV. Leech. Used by the hospital as a garden for the past several years, the property lies at the rear and was a part of two residences at 532 sylvania Motor Carriers Association, who termed it a "blank The small independent meat check." packer puts the finger on the soap and leather industries, too. The practically all of the over-valua The Carriers offer of 12 by-products of slaughter are tallow tions from the assessors' books.

New Construction Factor cents with six paid holidays, or 15 cents without the holidays, will and hides Once, says the small packer, he was getting a gooa continue to serve as their pattern Levy, of Cincinnati. Aftrr 52 as head of his price for them and could keep the it was said yesterday. In Mr. spear retired trom tne New construction and increased real estate values will more than offset further depreciations in the city's property values, it is be- meat price down. Meanwhile Teamster strategy rfsidencv in 1945 and was uc- But the bottom has dropped out continued to withhold the names of the tallow and hide market and of approximately 35 trucking Iievea.

firms who signed, contracts with The following annual assessment thus meat must bear the brunt of the high-cost of preparing animals too. I'm sick of this whole shopping business." For a while it appeared that Mrs. Brown would break into tears. If there's anything Mr. Brown hates, it's tears.

"Now don't worry, dear. We'll just buy what we need and hope we can afford it but don't fret. And if it will help you any, just quit keeping that list. Maybe that will help." "I'll quit, all right. This is my last list now you keep it!" Mr.

Brown kept it. This is it: This Last Week Week Pound bacon .69 .69 Pound ground beef. .43 .41 Lb. pork loin chops. .75 .75 Dozen oranges 39 .49 3 bunches carrots .29 .25 Pkg.

frozen .29 .29 Pound string beans. .15 .18 Peck potatoes .79 .79 4 lg. cans c'n'd milk .47 .47 Lg. can orange juice .29 .29 Lg. can tomato juice .25 .25 Lg.

jar black'y jam. .55 .55 Lg. jar peanut but'r .45 .45 Pound coffee 37 .37 Loaf of bread 14 .14 Pound of butter 67 .67 Local 249 under tSe Teamster pat totals show the steady reduction for food. tern of 20 cents. which county officials hope has eded byh sfin, Nathaniel Spear, r.

As chairman of the board, owevc-he remained active in the asiness ur.lil his death. His civic interests brought him to cc; with a wide range of c.V.'reh and other enterprises. A long-time ivocate of low-cc hospitaliza- to the same items. I'm fed up, and it's not on food!" Mr. Brown knew the danger sign.

He spoke with careful tones. "What's the trouble, dear?" "This old market list you wanted me to keep. Well, I've kept it for 10 weeks now. Today, according to my list, I would have spent $7.73 for the same items I paid $7.37 for the first week. And it won't work." "What do you mean it won't work?" "As I told you, I would have spent $7.73.

I didn't. All the items weren't there. Pork loin chops, for instance. The store still quoted me a price 75 cents. But there weren't any pork loin chops." "No meat today, then?" "No meat ground meat.

That's up two cents. Up four cents in two "All meats are up aren't they Mrs. Brown snorted. "Up isn't-' the word for it. Tonight and for some nights to come you'll eat hamburgers." Mr.

Brown picked up the list Mrs. B. had so carefully written. "Well, anyhow." he comforted, "oranges are down. I see they're 10 cents less a dozen." "Sure, they're down," Mrs.

Brown said. "They're smaller, 1 Carrier spokesmen insisted that no members of the association had signed new contracts despite Representatives of several insurance zones covering the 26 states in which Keystone operates will come to Pittsburgh to participate in the investigation, which, for that reason, is known as a "convention examination," Mr. Malone said. Will Audit Firm's Books The examination, lasting from six to eight weeks, will also include a full audit of the company's books for the purpose of determining if there have been any fraudulent acts by Keystone officials, he further explained. In the meantime, pending next week's hearing in Harrisburg, the firm will be bound by two orders issued by Mr.

Malone, forbidding it from making expenditures and doing business. During the past year, Keystone's business amounted to more than $7,000,000 and its other activities included the purchase of the B. F. Jones Law building, another six-story structure and a parking lot, all of which Mr. O'Neil described as "sound Teamster insistence that some' Thieves Steal Cash, Jewelry and 528 South Aiken avenue.

The or the signatories were associa Swan family has lived at the for tion members. a and of youth p. cavities, he i continuously as a director mer address for many years. tie Kojpit. 1 Service The first sympathetic strike in the local dispute was ordered yesterday by Teamster Local 119 of reached bottom: Total Valuations Year Land and Buildings 1936 $1,211,867,890 .1937 1,100,443,930 193S 1,098.861,670 1939 1,098,771,590 1940 1,047,023,860 1941 1,036,103,280 1942 1,031,839,080 1943 1,044,010,664 1944 1,010,201,323 1945 980,327,361 1946 965,085,043 1947 957.234,801 ir, of Pittsburgh since its begin- Four Injured Johnstown where a membership in 1937 and was an original of the Boy Scout move- vote set bunday midnight for walkout against the carriers.

r.e:.t hire. S150 Ring Stolen From Bartender Safe crackers and petty thieves took $100, jewelry valued at $800 and a clarinet at $125 in a series of burglaries ea-riy yesterday. A couple whom he had been serving in the Seventh Avenue Hotel bar Wednesday night walked out with his ring valued at $150, Joseph Mialki, of 34 Arbuckle way, a bartender, reported. He said the couple admired his ring and he On Bicycles Riders, Handle-Rar Passengers Hurt Three youths were detained in H. D.

Lehman, president of the local, said yesterday that his group would seek wage increases based on the Pittsburgh pattern. There is a traditional 10-cent differential between Johnstown and Pittsburgh wages. .57 .17 Dozen eggs 59 Can mix vegetables. .17 First President Ke also held memberships in the er.e Kaufeann Settlement, secre-iry of F.od-f Shalom Temple for any years, a trustee of the a member of the of Sponsors of the rdoral Jewish Hospital in Den- Plain Police $7.73 $7.78 hospitals and a fourth treated for injuries and released yesterday as the result of bicycle accidents. Talk Cleans Up er.

Col ar.d at the time of his path hor.omv president of Northsida- police reported Har took it off to give them a closer Hospital. vey Harnett, is, or 10 ueramum look. He got busy and when he returned the couple disappeared. He a Lo held membership in the ncordia Club, the Pittsburgh samber of Commerce and the Yegrsrs broke into the United a MASSOITC 1 Slovak Literary Society, 1814 ungalow Island Fishing Club of street, and Wilma Means, is, 01 1914 Buena Vista street, were sent to Allegheny General Hospital with cuts and possible skull fractures. Their bicycle crashed into a utility pole on a steep Marv street, and forced open a Air-cooled for Shopping Comfort safe.

They took between $40 and $50 early yesterday. grade at Buena Vista street. Ontario. Canada. Surviving him.

in addition to his fe and Nathaniel are an-" son, Major James N. Spear, ior.e Alexander Spear, ii of New York, and one grand-3, Nathaniel Spear III. John Russo reported someone opened the cash register in his store at 1301 North Lang avenue Richard Pokara, 10, ot 1411 Carson street, suffered a fractured while he was bury waiting on a customer 'esterday andr- took $40. nose" and cuts, and John McClaren, 12, of 1409 Carson street, a handle Two riners valued at $650 and bar passenger, cuts, last mgnt. 5 Men, Women $10 cash was stolen from the home Their bicycle crashed into a rail of Mrs.

Bertha Tomko, 317 North road retaining wall on fcrosvuie Market Area For the first time in 20 years you could walk through the Diamond market area last night and not see a box or barrel of discarded vegetables or rubbish littering the sidewalks. The reason was a little plain talk given by downtown police lieutenants to produce dealers and grocers. The gist of the officers' remarks was: "Get this rubbish cleaned up in the next half hour or you'll be arrested." That warning was coupled with Magistrate W. H. K.

Mc-Diarmid's announcement last week that hereafter the fine for such offenses will be upped from $50 to $100. The results, in the usually rubbish-littered market area, were almost miraculous. The clean-up stemmed from Mayor Lawrence's statement yesterday that the city clean-up Dallas avenue early yesterday. ecome Citizens street, Southside. wo Pittsburgh district women lost their United States Kirby Didn't Need to Pitch -fHsniD bv votinsr in British "or? during a visit there in 5 'ere among 23 men and -w granted citizenship yester-Federal Judge Nelson are Mrs.

Rebecca Morris, street. Homestead. yzs naturalized in Pittsburgh 5 and Mrs. Marie Jane 0: oil Oiemesha avenue, who Special regularly 12.95 LASTEX BATHING SUITS 8.90 Aren't they super? Imagine all-lastex bathing suits at exciting June at Jonaseon prices! Sleek, form-fitting beauties never a bathin" suit made quite as flattering. The all-in-one satin lastex with fitted bra, a skirt-finished front in brilliantly hued aqua, white, gold, and black.

32 to 38. A one-piece rayon sharkskin with bared midriff in contrast. Black with blue, luggage with tan. 32 to 38. Two styles from many.

Playland, third floor- in 1P24. to citizenship yes- hs Marcus J. Sandler, vice the Liggett Spring toar.pv,,iy. Monongahela, who 4 rr in Sweden in 1907 and AY t0 '-he United States in 1940. drive applies to the downtown as well as suburban areas.

A short time later Safety Director George E. A. Fairley ordered merchants to stop putting out rubbish. And results really were obtained when Lieutenants Howard Fiedler and Roy Schaefer translated those general orders into some very plain language. Pittsburgher Winner Of Tenor Solo Contest Charles L.

Billeter, member ot red Sleel nnan Retires 1 i 1 associated with Car Company almost organization 48 tired as chairman of Islam took first place in tenor solo contest yesterday dur rrectors yesterday a car inspector in riant in 1899. Mr. ing the final sessions of the Mystic Order of Veiled Prophets of the "s-3 to company presi-I'nier his direction. Enchanted Realm International Grotto convention in Columbus, O. Mr.

Billeter, 2014 Mountford ave nue, is savings department manager for Mellon National Bank need 10.000 World the United States British govern-tracts. chairman of the 1945. For many ''is president of the Car Institute. and Trust Company. Three Held for Theft From Fayette Man Post-traxeite t-noto in- Three men were arrested last night in connection with the theft of $42 from Henri Rulli, 251 East Crawford street.

Cormpllsvill pq on May 25 in the Golden Triangle! Tl. -1 l.Itclion 1 2 to 1 plurality, the CIO United earest rival, in a right, the AFL i Hers have won the collectively for Aluminum Com- -van in its plant at THE PIRATES couW have used Honus Wagner on the mound yesterday If there is anything to the predictions made by "mental-ist" Bob Nelson. Last night at Syria Mosque, Safety Director George E. A. Fairley (left) read a note which contained a forecast of the Pirate score made by Nelson and baked in loaf of bread Wednesday.

Nelson had it right on the nose: Pirates 12, Giants 2. The event was the windup of the International Brotherhood of Magicians convention. nil ill m''' xiicy were laentmed as Joseph P. Agliei, 20. of 1102 Vickroy street: Ben S.

Iclare. 18. of 48 Lo gan street: and Robert Magrini, Liberty at Oliver ui oui tvearsearge street. Atlantic 6200.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

Publisher Extra® Newspapers

  • Exclusive licensed content from premium publishers like the Pittsburgh Post-Gazette
  • Archives through last month
  • Continually updated

About Pittsburgh Post-Gazette Archive

Pages Available:
2,102,932
Years Available:
1834-2024