Muncie Post-Democrat, Muncie, Delaware County, 2 January 1931 — Page 4

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FRIDAY, JANUARY' 2, 1931.

Business and Professional DIRECTORY

WHEN YOU PAY FOR WORK 6ET GOOD WORK Ask Scheidegger ELECTRIC SUPPLIES 1428 S. LibertyPhone 5238

Muncie Plumbing & Supply Co. ELECTRIC WATER PUMPS 1509 S. Walnut Phone 4220W

W. H. Dorton & Son Plumbing and Heating Water Softeners >00 Wheeling Ace—Phone 4816W Estimates Free

| Plumbing, Heating and Gas Fitting. CLARK BROS. Phone 247 317 E. Main

GLENN’S Sheet Metal Shop See us for Skylights, Metal Ceilings, Slate, Tile and Metal Roofing. Blowpipe and Job Work. Gutter and Leader Pipe. Rear 213 E. Main St. Phone 310

Tod Whipple Lawyer 308 Western Reserve Bldg. Phone 1625 Muncie, Indiana

Ralph E. Pettiford General Upholstering Rug Cleaning Furniture Repairing and Finishing. 1309 E. Willard St. Phone 5282

The Original C. A. Powers, Mgr. Dollar Cleaners Rear 114 East Adams Street Phone 968

FRED JONES Wrecking Yards

See us for good closed bodies, tires, tubes, batteries, used cars and used parts for all makes of cars.

1902 E. Jackson St. Phone 979

SEE B. F. Stong & Son For Bargains in Furniture, Rugs, Stoves and tools of all kinds. 1410 S. Walnut Street. Phone 1764-R.

TAUGHINBAUGH CO. Funeral Directors Our Phone never sleeps 4014 DAY or NIGHT Lady Attendant Howard at Proud St. ’

imthm MINUTES to FORTY THEATRES ^-\AND ALL SHOPS,

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hotel.

MILLIONARIES SENATOR MAKES GOOD MARKETS

DOUBLE IN 1928 A SHARP ATTACK

NOTICE TO 7*ON-Rir&TDENTS

State of Indiana, Delaware county, ss: Eva F. Gilreath vs Kenneth D. Gilreath. In the Delaware Superior court September term, 1930. Complaint divorce. No. 6721. Notice is hereby given the said defendant Kenneth D. Gilreath that the plaintiff hap filed her complaint herein, for divorce together with an affidavit that the said defendant Kenneth D. Gilreath is not a resident of the state of Indiana, and that unless he be and appear on Saturday the 14th day of February, 1931, the 30th day the next term of said court, to be holden on the 2nd Monday in January, A. D. 1931, at the court house in the City of Muncie in said county and state, the said cause will be heard and determined in his absence. Witness, the clerk and the seal of said court, affixed at the city of Muncie this 15th day of December A. D. 1930. Perry W. Mansfield, Clerk. J. T. Walterhouse. Plaintiff’s attorney. Dec. 19, 26, Jan. 2. STEEL DECISION ENJOINS MERGER Court Grants Injunction Against Billion-Dollar Deal in Ohio

Youngstown, O., Jan. 2.—A permanent injunction last night restrained consummation of one of the biggest deals in industrial history—the proposed $1,000,000,000 merger of the Youngstown Sheet and Tube Company with the Bethlehem Steel Corporation. Common Pleas Judge David G. Jenkins, granted the injunction here today as a dramatic climax to nearly a year-long battle between some df America’s most powerful industrialists and financiers. The victory belonging to the “un-der-dog” of the fight—Cyrus S. Eaton, 47-year-old financier of Cleveland, who led the minority stockholders of Sheet and Tube in their daring attack against the powerful combine of such famous industrialists as Eugene G. Grace, president of Bethlehem; James M. Campbell, chairman of Sheet and Tube, and Henry .G. Dalton, a director in both companies. Eaton Holds Proxies. Unless the merger proponents appeal and are able to win a reversal, the merger is dead. Eaton claimed he had enough votes to defeat it in the stockholders’ election last April 9. His opponents denied this and claimed the stockholders voted ratification. No one denies, however, that Eaton, since the election, has had sufficient proxies to defeat a Sheet and Tube merger, if such a deal is ever submitted again. Newton D. Baker, former secretary of war, chief of defense counsel, said tonight that “future action in this case depends on the result of conferences, but I do not know the exact time they will be held.” He declined further comment. Officials of Youngstown Sheet and Tube and Bethlehem likewise refused to indicate whether an ap-

peal Yvill be made.

Private negotiations for the merger began early this year. The dramatic fight to defeat it started when Eaton first heard of the pro-

posal March 7. o T

THIS STOP VALUED AT $3,000

Seattle,—(UP)—It was worth at least $3,000 to stop a slty-rocket with his face, Watson Smith declared when he filed suit for that amount against J. N. Vring, whom he claimed fired the rocket that bib him in the face July, 4. 1 o Says Referendum Would Be Failure

Indianapolis, Jan. 2.—(UP)—A state referendum on the Wright Bone Dry law would accomplish nothing and would incite further lawlessness, C. H. Winders, superintendent of the Indiana AntiSaloon League, charged yesterday in attacking proposed bills for that purpose which are to come up in the forthcoming session of the General Assembly. Eight bills designed to alter the law are known to be in process of formation, Winders said, two of which call for a referendum.

Stock Market Boom Two Years Ago Principal Cause

Washington, Jan. 2.— (UP)— Taxpayers in the milliori-dollar-a-year income class nearly doubled in 1928, increasing to a total of 511 as a result of a booming stock market and business conditions in that year. Revised income statistics for 1928 issued yesterday by the treasury revealed that a new crop of super-millionaires was created in the last complete year of prosperity. In addition to those individual^ who reported incomes of $1,00,000 or more in that single year, the treasury’s figures showed there were more than 43,000 persons with incomes in excess of $50,000, which is the usual interest on $1,000,000. Few of these taxpayers had $1,000,000 capital, however, hut derived their income from wages and dividends. Most of the nation’s millionaires live in New York, which reported 634 with incomes of more than $1,000,000. New York’s millionaire group included 11 who paid taxes on more than $5,000,000 In 1928. Illinois was second with 57 millionaires, Pennsylvania third with 41, Massachusetts next >with 24, and Ohio fifth with 23. In all, 26 states reported taxpayers in this class. The gross income reported by the nation’s 4,000,000 taxpayers was $28,987,634,519, but deductions reduced the taxable income to $25,226,326,912. The largest share of this money was derived from wages and salaries which netted taxpayers $10,862,000,000 of the total income. Sixty-nine persons in the million-dollar-a-year class had total incomes of $1,108,000,000 or 4 per cent of the nation’s total, but paid $185,140,000 or 15 per cent of the taxes paid by individuals. Total income tax payments by individuals in 1928 were $1,164,254,037. The largest part of the income reported by taxpayers was received by those in the $3,000 to $5,000 group whose total income was $4,648,097,736, or 18 per cent of the total. By far the larger proportion of taxpayers were in this class, but they paid less than one per cent of the total taxes collected. Millionaire taxpayers derived most of their income from sale of capital assets held more than two years, $580,000,000 being reported reoeived from this source. Dividends on stock ranked second as a source of the millionaire’s income. Women) contributed large amounts of taxes to the Federal revenues in 1928. They filed 17 per cent of all returns and had 16 per cent of all income reported. Joint returns by husbands and wives accounted for 60 per cent of the total income, so if women were credited with half this, they would have 47 per cent of the total income. Corporations reported net incomes totaling $10,617,741,157 in 1928 on which they paid income taxes aggregating $1,184,142,142. Manufacturing firms paid most of this.

President’s Work is Criticised by T. H. Caraway.

Washington, Jan. 2.—(UP)—A sharp attack upon the administration’s record in prohibition enforcement and the tactics of President Hoover’s law enforcement commission has been made by Senator T. H. Caraway. At the same time the Arkansas Democrat, noted fur his biting utterances, joined the growing group which wants to force an extra session of Congress. V Caraway, who for the most 'part has been in the background since the lobby investigating committee flare-ups of the preceding session, last night directed a savage blast against the commission and against both Republicans and members of his own party who oppose an extraordinary session of Congress after March 4, next. In response to a question, CaiaYvay said in an interview he would not hesitate to accept the responsibility to forcing >ui extra session if that were possible. He offered to join any group in the Senate to that end. The extra session bloc is expanding. Senator Borah, Republican, Idaho, is an active member, Sen ator Nofl-is, Republican, Nebraska, Senator Brbokhart, Republican, Iowa, Senator La Follette, Republican, Wisconsin, and some others on that side of the chamber are counted as potential members. Caraway said he thought lie would have support of such Democratic Senators as Walsh, Montana. Wagner, New York, Wheeler, Montana, and perhaps’ Dill, Washington. Debate on any document received from the Wickersham commission would add to the possibility of delay in voting routine funds, and the necessity for summoning Congress after March 4. The commission met yesterday and another session was scheduled for today. 'Informed senators assert its prohibition report will reach Congress January 6. X

ARE EXPECTED STATE WAGE BILL

RESEARCH WORK IS ORGANIZED Purdue University Spon sors New Industrial Developments.

Trappers In 1929 Earned $350,000

Indianapolis, Jan. 2.—(UP)— One of Indiana’s little-known-indus-tries—trapping—brought in an estimated revenue of $350,000 to Hoosiers last winter, according to experienced fur buyers, and Walter Shirts, superintendent of the state fish and game department. The winter’s revenue was expefened to he somewhat less because of a lowered fur market. Most trapping in the state is done by school hoys who set their lines before going to school each day, although there still are a few veteran trappers left. The skunk is the most valuable fur-bearing animal in the state, and muskrats are considered second, Shirts said. Other animals in the state sought by trappers are possum, racoon, mink, fox and wolf.

Lafayette, Ind., Jan 2.—(UP) — Indication of the development of research work at Purdue university and its relation to the industrial growth of the state was emphasized yesterday with filing of articles or incorporation by the Purdue Research Foundation. Organization of the foundation was regarded on the campus as giving new impetus to the scientific research work. The foundation is a non-profit corporation ,has no dapital stock, and was organized to finance research work and care for legal matters pertaining to inventions and patents that would benefit the university, the state and its indus-

tries.

Growth of the research program to its present stage has been under the direction of G. Stanley Meikie, consulting engineer, who was brought to the university by the board of trustees in 1927 to direct a department to handle relations with industries on research prob-

,lems.

The directors, serving without pay, represent - the founders, university trustees, national research and engineering councils, and the Purdue alumni association. Among thejn are: J. K. Lilly, of Eli Lilly & Co., Indianapolis; David E. Ross, Lafayette inventor and manufacturer; J. R. Francis, of the Marvel Carburetor company, Flint, Mich.; President Edward C. Elliott and Meikie, of Purdue; L. A. Downs, president of the Illinois Central railroad, Chicago; Robert M. Feustal, executive vice president of the Midland United company, Fort Wayne; D. M. Buchanan, president of the Old Ben Coal Corporation, Chicago; James W. Noel, Indianapolis attorney; J. L. Kimbrough, Indiana Bridge company, Muncie; William L. Batt, president of S. K. F. Industries, New York, and L. W. Wallace, executive secretary of the American Engineering Council, Washington.

etaoin etaoin etaoin shrd shr taroin Deer from government preserves were pests to corn growers in Alabama during the fall.

Wheat Prices Are Much Better Than Canadian Trade.

The outlook for cooperative marketing among farmers in Indiana never appeared brighter than at the present time, according to Edmond C. Foust, organization director of the Central States Grain Association in the offices of the Indiana Farm Bureau at Indianapolis. This organization of grain farmers is a part of the Federal Farm Board marketing system, it being a stockholder in the Farmers National Grain Corporation, Chicago, through which all of.its grain is marketed. The season of 1930 was the first for the organization under the Federal Farm Board set-up and activities are now under way for the addition of many new members for thq coming year. ‘‘Our records show that better than seventy-five per cent of all farmers interviewed by our representatives are signing the marketing agreement,” says Mr. Foust. “Solicitors are reporting that the general understanding of the whole cooperative marketing program is much better than last year or, in other words, the educational program being carried on by the Central States Grain asosciation, the Federal Farm Board and the Farmers National Grain Corporation is bearing fruit.” Additional elevators are being acquired by the Central States Elevator Corporjition, a subsidiary, and county farm bureau cooperatives that the grain of the membership may be handled through farm-er-owned and farmer-controlled agencies during the coming "harvest season, he said. “Favorable progress is being made by these farmer organizations despite one of the most upset grain markets of all time,” says the director. “On last Saturday, the price of December wheat on the Winnipeg market hit a low level of 50c' per bushel while the Chicago price was 26 1-2 cents higher. Adding to this difference of 26 1-2 cents a 10 cent premium on Canadian wheat, our home market is within 6 cents of the American tariff wall which is 42 cents. It is already causing some agitation from the Federal Farm Board and others for application of the emergency tariff authority vested in the President for a 50 per cent increase in our wheat tari.ff “Regardless of past criticism of the Federal Farm Board, its action in stepping into the market has stabilized American wheat prices to a point where our farmers are receiving around 70 cent per bushel for their wheat as against h probable 40 cents or less to the Canadian farmer. ‘‘This situation, however, is not without its drawbacks, as the American miller is placed in the embarrassing position of not being able to buy wheat and meet foreign competition with his flour. Hence he is, and has of necessity been out of the grain market for some time.”

WHITE PREPARES

Minimum Pay to Employes on Public Works Would be Prescribed.

Indianapolis, Jan. 2.—A bill prescribing minimum wages for ah workmen employed by contractors on public works has been prepared for introduction in the state Legislature by Representative E. Curtis Whitp of Indianapolis. The minimum wage which must he paid shall be determined by the prevailing rates paid workmen, including laborers and mechanics, in the locality where the public construction work is being done, the bill provides. Provisions of the bill would apply to all contracts for public works by local divisions of government as well as state contracts. Schedule Would Be Ordered Contractors would be required to file with the state or the local government a schedule of wages paid to laborers or mechanics. Any division of government on its own initiative, or any interested person, may file a written complaint and cause an investigation to determine the prevailing Yvages in the locality. State and local governments are given the right to conduct hearings to determine the prevailing rate of wage in the community. The state or local governments may call on the Circuit or Superior courts to compel witnesses to appear at the hearings. Decisions madq after the hearing are subject to review in the Circuit or Superior courts.

LIQUOR CACHED IN PIPES

Atlanta,—(UP)-^l. P. youngest member of the

Jones, Atlanta

police force, distinguished himself recently by discovering that bootleggers were using drain pipes in the heart of down-town Atlanta to hide pint-sized consignments of corn liquor.

GARRET NOVEL PUBLISHED

Dubuque, la., (U.P.) — A novel begun in a stuffy garret at the age of 14 was recently published by Miriam Monger. It is called “A Midlahd Saga.” The principal charriding in a black carriage behind a coachman, was the heroine of her juvenile attempt. Miss Monger has also published, “Diana of the North Country.

COPS KIND TO AUTOISTS

Berlin, (U.P.) — In Leipzig the police have kind hearts for motor ists. Instead of prosecuting motor iffts who park their cars in unau thorized places, a letter is sent, pointing out their error, and stating where they can park. On the back of the letter is printed a map showing where the park ing places are situated.

“Ah-Sar-Ben” New Burlington Train \

’llT'HEN the Chicago, Burlington & Quincy inaugurated its new deff luxe Chicago to Omaha service recently, the luxurious train* made up enxn-eiy of the newest type and most modernly equipped cars, was named for the famous Nebraska society “Ak-Sar-Ben.^ Miss Jeart Redick of Omaha, “Queen” of the organization, chrf*. tened the train. Miss Redick is shown at the radio in a home-Uk|| comer of the club car on the new train.

An Indian village within the limits of Harbor Springs, Mich., has obtained electric service and city water connections from the town council.

‘PEE WEE” GOLF HITS BERLIN

Berlin, (U.P.) — Berlin ap pears to be succumbing to the miniature golf craze. Cafes, ho tels and amusement resorts are be ing equipped with courses. Some of the establishments possessing a miniature golf course make charge for its use.

(HdQuebec MakesMerry on Its Triple-Track TobogganSHde

What more thrilling sport can outdoor enthusiasts have than tobogganing—zipping down a steep, covered slope with joyous, carefree companions, the wind whistling about one’s ears and the frosty air painting one’s cheeks a glorious, healthy pink? Tobogganing is one of America’s most popular winter diversions, and its devotees claim that, with the possible exception of ski-ing, there is nothing to approach it in thrills. Quebec, Canada’s Ancient Capital, situated high above the broad St. Ijawrence, has provided for its winter Steitors the triple-track toboggan

slide shown above—one of the finest in North America. It starts from the Citadel (an interesting old fort, still occupied by troops) and extends down the steep slopes of Citadel Hill, alccig Dufferin Terrace past the Chateau Frontenac. This splendid slide is always thronged with merry-makers who stage impromptu races and revel in the pulse-quickening sport to their heart’s content. At night the slide is illuminated by thousands of electric lights and makes a pretty picture when viewed from Dufferin Terrace below. There is no fear of possible mishap occuring on Quebec’s slide, for the toboggans run in deep tracks and cannot turn turtle or colUde with, one

another. They travel at a rate ap-l proximating that of an express train, and give the speed-demon an excellent! opportunity to “step on it” without endangering others. Besides the toboggan slide, Quebec’* ] splendid outdoor and indoor skating rinks, ski-jumps and other facilities for winter sport attract an increasing i number of visitors to this fine oltfl city each year.

MILK

Is an essential Food for all Humans. Be sure the milk you buy is PASTEURIZED Specify PRODUCERS QUALITY MILK Indiana Dairy Marketing Association Phone 484

Fill Your Bin Now HUPP COAL CO. Free Kindling with each order. Hupp’s Heat Is Hard To Beat

Best Coal in Muncie.

BLUE CAB COMPANY PHONE 2199 Under New Management PROPRIETOR OF PUBLIC CAB CO. Any Place In City for 25 Cents We Carry Full Liability Insurance. ROSS SMOOT, Mgr.

$1

Work Called for and Delivered PENCEY CLEANER

$1

SATISFACTION GUARANTEED SUITS MADE TO SUIT YOU

Phone 659 West Jackson

Room 5 Western Reserve Bldg.

DOLLAR CLEANERS, Inc. Phone 637 1404-06 So. Walnut Street. Try our prompt and efficient service on Cleaning, Pressing, Relining, Repairing and Dyeing on your vacation clothing. We Call for and Deliver F. R. ALLEY Managers W. H. GILLIOM New Fall Samples on Display

| I • • t t :: .. :: 4* •I* * i % ❖ * $ l f • • % * t I t i f

Phone 1206