Decatur Daily Democrat, Volume 52, Number 5, Decatur, Adams County, 7 January 1954 — Page 6

PAGE SIX

Installment Plan For Buying Stocks Pay-As-Go Plan Opens January 25 NEW YORK, UP — The public can buy any of 1,200 common »toekß listed on the New -.York Stock Exchange through a new pay-as-you-go plan starting Jan, 25.. , ' . , . To help promote' the "monthly Investment plan,” the is sending its members a specTarklt containing everything from civic club talks to suggested newspaper advertisements. ** These firms, which have offices tn 426 cities, will operate the plan calling for regular investments ranging from S4O up to SI,OOO, monthly or quarterly. The plan is designed primarily for the "small” investor who now can purchase stock similar to the 1 way in which he pays for a refrigerator or automobile. But the market is not limited to low income groups, the “big board” points out. "Mote than onehalf of the families with Incomes between SIO,OOO and $25,000 a year own no shares at all.’t it says. Therefore, the doctor, lawyer and merchant — as well as the plumber and store clerk —becomes a potential customer for the plan. Trade in a Good Tosm «- Decatur

ij/J, Newberry’s Slashes Prices on Wanted Quality Items All Over the Stare! It’s Your Chance to Save Like You Never Saved Before! Hurry! La RAYON ed VxlWk | SLIPS "I Sb LADIES' NON-RUN I fat'd — BLOUSES AAf For Perfect Fit. Round I jfly styles — brief, ■JU collars. Long Sleeves step-in and lace I with French Cuffs. I----.., \ V trimmed. Elastic I Sixes 32 to 38. White. You can ’ r K 4 [mhu* sir-L.J I LADIES FLANNEL towns Sizes 44 to 52 £ sfl WW r\V>'' YA\ In Pink and Blue t I K A Regular $2.49. SALE *»fl fl A-X SPECIAL RACK OF . LADIES DRESSES ~ Regular House Dresses TFTT — —'—*— and Maternity Dresses. * I J I Regular $2.79. SALE—EACH ~ ' TRAINING PANTS girl’s Re%7295~ PLAID BLOUSES Os softest combed yarns. Sanforized. Sizes 7io 12. AW /\/\ El * st ‘ C . W “', Sl ; j"*" I '' deal with Blue Jeans. $1 .OO _ S,zes ' *°, 4 ’ Regular $1.49. SALE J for I*®® LAUIES ’- SWEATER ~ BLOUSES SOCKS SOCKS Special Lot. For School. In all the Rayon. Fancy Patterns. Assorted Styles and Colors. School Colors. mi/ 1? flea. $1.98. Special Sixes 9 - lO'/ 2 . Reg. 59c ,n a " color - S,zes 10 !4r 12 - SALE “ / SALE Reg. 29c. SALE 77c 44c 14c SOLID - ~ ROCKY JR- BOY’S PERCALE T ■ SHIRTS , DUHGAREES end CHAMRRAY FOR BOYS Strong 8 oz. Denim. Sanforallu VnAIYIDnni strong as a champ. Long ized. Copper Rivets. Bar For The New Spring Clothes. Wearing, Better Fitting. Tacking at strain points. 36" Wide and 2 to 10 yd. Fine Knit Collars. Double stitched. Zipper Fly. Lengths. Reg. 37c. Sizes: Small, Medium, Large. _ Double knee. Sizes 4to 10. YARD Regular 69c Reg. $1.69 x 29c 2 for $l«o® . 2 p* B - s 3«®o

Speeding Charged To Adams County Man Ervin C. Doehrman, 41, route 1, arre-sted this week, charged with speeding, is to appear in justice of the peace court tomorrow for arraignment. Explorer Crew 62 In Recent Meeting Explorer crew 62, Boy Scouts, met recently at the Zion Lutheran church. After roll call, dues were collected. Tht crew plana to start a rifle team, with Bill Zwick as the instructor. Dan Krueckeberg and Bill Smith led in closing the meeting, which was reported by Edwin Bean, scribe. ■ ■'*’ ■ Renews Subscription For The 51st Time J. C, Augsburger, former county commissioner and long-time prominent Adams , county Democra 4 ” leader, has renewed his Dally Democrat for the 51st time. The well-known southern Adams county farmer was one of the original subscribers to the Daily Democrat, starling in January. 1903. He proudly relates that he never has permitted his subscription to expire. . YOUTH NIGHT (Co»«la«ied From PuKr One> icaf'United Brethren church. Rev. SL Angelo announced that his sermon subject tonight will be “Anxiety Without Worry.”

be "Anxiety Without Worry.”

Orders Precaution To Prevent Thefts Sixth Arrest Made In Bureau Theft WASHINGTON UP — Treasury secretary George QI. Humphrey took action today to see that thieves won't be able again to haul large bundles of greenbacks away from the government’s money printing plant. He ordered secret service chief U. IE. Baughman to make a “prompt and thorough” investigation to see that the bureau of engraving and printing is enforcing its security rules. He also Called for recommendations on ways to prevent any more thefts like the one New'-Year’s Eve when $l«0,000 in crisp, new S2O bills were stolen from the - bureau. Six persons have been arrested in connection with the theft-and all but about $31,000 of the loot has been recovered. A roundup of the announced suspects in the theft was completed Wednesday night when Roger Patterson of nearby Brentwood, Md., cousin of the man charged with engineering the theft, walked Into a Washington police station and said “Somebody’s, looking for me.” — If you have something to'sell or rooms for rent, try a Democrat Want Ad. It “brings results.

m DuOATTm DAU.I DEMOCRAT, DMCATUR. INDIANA

Racketeer Is 4th Suspect In Reuther Case Labor Racketeer Is Named In Warrant In Reuther Case DETROIT UP «*Bto Sain Perrone, a labor racketeer with a long record of unlon-buatlng. was sought today as th? fourth suspect named in a warrant charging attempted murder in the 1948 shotgun attack on CIO President Walter P. Reuther. Two of the others named in the warrant were arrested Wednesday and a third is serving a five-year term at a federal penitentiary. Prosecutor Gerald K. O’Brien indicated the arrests might not stop with Perrone, who was exposed by the Kefauver committee in 1951 for his union-basting activities at the Detroit-Michigan Stove Co. “This may go furthar,” O’Brien said. “There may be other involvements.’ “Four “John Dos” warrants, to be usedjn the. pvpnt of future arrests, were issued in addition to the one specifically naming Perrone and the other three suspects. One of the two arrested was Carl Renda, 35, Perrone’s son-in-law. He was picked up at his home in the fashionable Detroit suburb of Grosse Pointe. JHe w&sj.siteflt when arraigned before Recorder’s Judge John P. O’Hara and was freed on $25,000 bond. Clarence Jacobs, S 3, a Canadian citizen with a long American police record, was arrested about the same time at Windsor, Ont. Canadian authorities said it may take a. week to effect his extradition to Detroit. Peter Lombardo, 50, the fourth alleged conspirator, is serving a car theft term at {Leavenworth. Kans. O’Brien said the warrant and arrests "solved” the long-standing mystery of who tried to kill Reuther April 20, 1948. Reuther, then serving his first term as president of the CIO United Auto Workers union, was having a bedtime snack in his modest northwest Detroit home when a shotgun blast shattered the kitchen window. Reuther slumped to the floor at the feet of his wifg, Mae. Although he recovered, the shotgun pellets

Published in accordance with the call made by the Federal Reserve Bank of this district pursuant to the provisions of the Federal Reserve Act and a call made by the Department of Financial Institutions of the State of Indiana State No. 731 ? REPORT OF CONDITION OF THE FIRST STATE BANK of Decatur, in the State of Indiana, at the close of business on Dec. 31, 1953. ASSETS - - ’ Cash, balances with other banks, including reserve bap —» ances/ and cash items in process of c011ecti0n53,407,617.03 United States Government obligations, direct and guaranteed —_’.... 5,750,799.76 Obligations of States and political subdivisions -.. 482,879.13 Other bonds, notes, and debentures 20,000.00 Corporate stocks (including $9,000.00 stock of Federal Reserve Bank) i 9,000.00 Loans find discounts ’(including $.13 overdrafts) 3,963,892,52 Bank premises owned $10,103.00 * Furniture and fixtures $24,350.57 34,453.57 Other assets ... 3,458.54 TOTAL ASSETS J 513,672,100.55 LIABILITIES Demand deposits of individuals, partnerships, and corporations -- $5,655,226.61 Time deposits of individuals, partnerships, and corporations 5,675,276.60 Deposits of United States Government (including postal savings) , .... . ’ 165,613.64 Deposits of and political subdivisions _u— 863,532.57 Deposits of banks — - 99,759.66 Other deposits (certified and officers’ checks, etc.) 187,594.44 TOTAL DEPOSITS Other liabilities 68,628.14 TOTAL LIABILITIES (not including subordinated obligations shown below) $12,715,631.66 CAPITAL ACCOUNTS Capital* . . $ 425,000.00 Surplus 175,000.00 Undivided profits — — 341,422.89 Reserves (and retirement account for preferred capital).. 15,046.00 TOTAL CAPITAL ACCOUNTS ... —-—$ 956,468.89 TOTAL LIABILITIES AND CAPITAL ACCOUNTS .... $13,672,100.55 •Includes proceed# of $ none of debentures sold to the Reconstruction Financei Corporation, $300.000.00 of debentures sold to local interests . which debentures are subordinated to the rights of creditors and depositors, and 1,250 shares of common stock, par SIOO.OO per share. MEMORANDA . , Assets pledged or assigned to secure liabilities and for other purposes r -.“. $ 193,000.00 Obligations subordinated to claims of depositors And other creditors, not included in liabilities none (a) Included in Loans and Discounts are LOANS TO AFFILIATED COMPANIES —.... none (b) Included in Other Bonds, Notes, Debentures and Corporate Stocks are OBLIGATIONS OF AFFILIATED * COMPANIES .... none (c) First lien trust funds— none (a) Loans as shown above are after deduction of reserves of ... 42,976.39 (b) Securities as shown above are after deduction of reserves of none I, H. H. Krueckeberg, Cashier, of the above-named bank, do solemnly swear that the above statement is true, and that it fully and correctly represents the true state of the several matters herein contained and set forth, to the best of my knowledge and belief. Correct—Attest: H. H. KRUECKEBERG. —T. F. Graliker, ■ E. W. Busche, G. W. Vizard, > Directors. State of Indiana, County of Adams, ss: Sworn to and subscribed before me this sth day of January, 1954, and I hereby certify that I am not an officer or director of this bank. (SEAL) Rose Ellen Miller, Notary Public. My commission expires November 24, 1954. « .

Pest Control Contest Winners Announced The Decatur future farmers .of America chapter has announced the winners of the recent pest control contest. They were Stanley Allison, Marvin Grote, Arlene Fuelling, Arnold Gerke, Richard Marbach, Lisle Knittie. Ronald Brown and Russell Plumley, who collected •41,379 points. They were treated by the losing team to a chill supper. French Send Task Force Against Reds Seek Initiative In Hit And Run Warfare HANOT, Indochina, UP — The French shot a task force across dangerous jungle-covered hill country today toward the main Comencsmnment north of Thakhek In central Laos. Armor-led columns sought to grab the initiative in the hit-and-run warfare from the Communist Viet Minh rebels who late in December smashed across central Laos slicing Indochina in two. The French High Command imposed tight censorship oh reports from the front, but informed sources said the counterattack was designed to tie down the Red invaders in Laos while a battle is shaping up around Dien Bien Phu, last French base in northwest Viet Nam. -- . Earlier it was reported loyalist raids had been carried out on rebel units In the lush Mekong Valley in central Laos. left his right arm permanently crippled. O’Brien said a motive for the Reuther shooting—long a mystery —had “definitely" been uncovered this and other aspects of the case light was expected to be shed on but he refused to disclose ft. More when Renda appears for examination Jan. 14. ~ It was not disclosed what part each of the suspects was accused of playing in the shooting. O’Brien said Jacobs was at the scene but did not say whether he twas the actual triggerman. The warrants charge the four with assault with intent to commit murder and conspiracy of assault with intent to commit murder. If you have something to sell or rooms for rent, try a Democrat Want Ad. It brings results.

Second Probe Into Spending Os Solons Check Spending Os *■ Junketing Solons WASHINGTON, UP—A second house investigation was underway today into- -reports that junketing congressmen spent close to |300,000 in “blank check” foreign currency. in addition to travel funds provided by- this government, on overseas trips last summer and fall. The legislators are not required under law to make any accounting of how they spent this so-called “counterpart” money — local currency put up by foreign govern; ments to match dollar aid from thia country. Chairman Karl M. Lecomte. Rlowa, said his house administration committee has asked the chairmen of five other house groups for a report on counterpart money spent by their globetrotting members. He promised to make public whatever information he gets. * Earlier, Rep. Clare E. Hoffman, R-Mich., chairman of the house committee on government operations, launched a similar Inquiry. Hoffman was understood today to have prepared a detailed new questionnaire for the state department on what it knows about the spending of counterpart funds. The department asks no questions but does keep records on how much counterpart each traveling lawmaker gets. It is reported totting up the bill now. for a report' to Hoffman atjd Lecomte If and when they demand it. A source in position to know told the "United Press the actual figure isn’t known yet but that the total for the past travel season “won’t run over $300,000." This would be in addition to dollar funds' which Lecomte’s committee supplies members for authoriaed travel. Presumably members

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don’t charge Lecomte’s committee for any items. for which they also drew counterpart funds. But he would like to have the full picture of what they spent, Under the present arrangement, he has not been getting it. Vote Os Confidence To French Premier Approves Request For Debate Delay PARIS, UP—lnformed sources said today the "implied vote of confidedee” won Wednesday by Premier Joseph Laniel strengthened foreign minister Georges Bidault's hopes of acting as a “referee" between Russia and the United States at the coming Big Four foreign ministers’ meeting. . The national assembly* voted 319 - 249, officially approving Laniel's request for postponement of debate on important issues. Tradition requires that the cabinet resign when President-elect Rene Coty takes office Jan. 17. but Laniel's assembly victory made it cirtually certain he will continue in office at least until after the Big Four talks. The premier dodged most major Issues in the speech .which preceded the assembly vote, but he did refer to recent exchanges between east and west in terms that indicated he hopes the foreign ministers’ meeting will produce real results. Berne Furniture Co. Chairman Is Dead Funeral services were held today in Indianapolis for William H. Mayer, 57, chairman of'the board of directors of the Berne Furniture company. His death occurred Monday following a short illness. He is survived by his wife, two daughters and one son. ' Trade in a Good Town — Decatur.

THURSDAY, JANUARY 7, 1954

Auto Mechanic Asks Police Protection Illinois Governor Orders Protection CHICAGO (UP) — An unemployed auto mechanic who claimed- his life was jp danger was under police protection today after he appealed directly to Gov. William Stratton, saying local police ignored his requests for protection. Juan Escobar, 44. sent a telegram to Stratton which said he had been “begging" for protection tor two days. He said his life had been threatened if he appeared in court to testify against three men „ arrested on disorderly conduct and other charges. Stratton contacted state police Lt. Edwin J. Dvorak and asked him to investigate. Dvorak learned from Escobar that he had signed complaints against three men, two of whom he saw tampering with his auto on the night of Dec, 30. Escobar called police, who arrested the two men on the street. A companion also was seized when one of the men attempted to 'smuggle a pistol to him. Last Saturday, Escobar said, a man called at his home while he was away and told Mrs. Escobar her husband would be “taken care • of" if he testified against the three suspects. - Similar threats were made by two strangers in a visit to his home last Monday, Escobar « d If you have something to sell or rooms for renV try a Democrat Want Ad. It brings results. ■>- TEEPLE MOVING & TRUCKING Local and Long Distance PHONE 3-2607 ‘