Indianapolis Times, Volume 32, Number 209, Indianapolis, Marion County, 9 January 1920 — Page 13

Stock fakes ' DENOUNCED BY BANK OFFICIAL People Hoodwinked by Blue } Sky Salesmen, Says Sol ' Meyer. , SHOULD ASK ADVICE I "If people would read the newspapers Biey would not be skinned so often in |Bke . stock schemes,” said Sol Meyer, MktAent of the Meyey" : Klser bank today. JMkarly every day people can road of V wine who has been causrht in r fako P-fccheme or can have the benefit of ■QPP of experienced financiers, Riven W ■jriTw'spapers,” he continued. “But they ■keep right on investing: their money in Hairy promises and see their hanker after khey are stung.” I Indianapolis, bankers anrl members of Be Indianapolis Stock Exchange have Been seeking to curb activities of “blue sky" salesmen who are operating in Indiana. The failure of the legislature to pass a “blue sky’ law, the fact that many people now have money who have never before had it and the general desire to get rich quick have made the last few months profitable in fakes. INVESTIGATION OF ALL STOCK PROPOSED. Mr. Myer’s advice is for people, if approached by a stock salesman for stock which they are just about convinced they should buy, to seeTc a fortyeight hour option on the stock and then investigate it tiyongh a reputable business house, promising to buy if the scheme proves to be legitimate. - “These fellows around the country that are peppering people with their fake stock know that before the critical eye of a city banker their offering would be rejected. They would never come back after the forty-eight hours was up,” said Mr. Myer. The methods used by blue sky promoters ought to be a warning to any person of*intelligence, he added, describing the common method pursued. “They will drop into a small town and not do anything for several weeks sometimes,” he explained. “In this time they will have appeared as men of wealth, have made the acquaintance of prominent business men of the town, and transact D little business with the banker In the town in legitimate manner. They will have gone to dances and social functions,

The National 9 s 20“ lo 50“ Discount Sale . f ' Begins Saturday In the National’s Annual Clearance Sale this year the “mark-downs” will necessarily be confined to odds and ends, overstocks and dropped patterns, these wifi be indicated by red tags on which the discount will be plainly marked. On some lines the discount will be tw T enty per cent., on others thirty per cent, and on some as much as fifty per cent. On all articles not tagged the prices are, in most instances, already less than the goods would cost us at present wholesale prices. Easy payments.

Dressers and Chiffoniers $42.50 White Ivory Chiffonier, 25' - e off (terms 75c a week) $31.90 $59.00 Colonial Chiffonier of mahogany, 20% off (terms SI.OO a week) $47.20 $92.50 Colonial Chiffonier, mahogany, massive design, 30% off (terms $1.50 a week) ...$64.75 $38.50 Circassian Walnut Dressing Table, 25% off (terms 75c a week) $28.90 $35.00 Circassian Walnut Dressing Table, 30% off (terms 50c a week)........ >.........525.50 Circassian Walnut Dresser, 35% Off This is a beauty, but there is a small nick in one corner that puts it in the sale class. Instead of $65.00, th's dresser may be had for 35% discount, EL making it Terms SI.OO a Week. $47.50 Ivory Enameled Dresser, 20% off (terms 75c a week) ! $38.00 National Kitchen Cabinets, 25% Off Two only. Each have solid oak Tronts with glass doors and are equipped with flour, sugar and meal bins. Qfk 25% off of $22.50 makes the price v Terms 50c a Week. From Our Jewelry Section Solid Gold Cuff Links that were $6.50 to $14.00, now 25% OFF Nickel Sliver Cigarette Cases that were $4.50, now $2.25 La Tosca Pearls, regularly priced $5.85 to $25.00, now . .29% OFF $2.26 Alarm Cl6ck, now * SI.BO $0.50 Mahogany Mantel Clock, colonial design, n0w...54.45 Cake Plates, Bread Tra.ys and all other pieces of Sheffield flat and hollowware, now HALF PRICE ; Electric Washing Machines, 20% Off These are the popular “Work Easy” Washers and are to be had in three styles. Regular prices were $125, sllO and $95. The sale prices are SIOO, SSB ab/| and $76 Terms $1.60 a Week.

NATIONAL S • * --■ \ . . -V. . . f • . ' \ , 335, 337,339, 341 and 343 . West Washington Street There are No Parking Restrictions oh Automobiles in This End of Town

and always maintaining an appearance of prosperity and standing. PROPOSITION FOLLOWS AS PERSONAL. FAVOR. “The next thing the crook Is working.” _As a personal* favor to some of his newly made acquaintances he is going to let them in on a proposition which has just been tipped off to him. He is relaying it to his friend as a personal favor and Indication of his appreciation of the hospitality the friend has rhown him. * A few days, or weeks, maybe of this and the charitable promoter vanishes, usually on a pretext to personally investigate the properties he has and to report back on the immense profits being made. “The report is never made and the town eventually wakes up to find out it has been ‘fiimflammed.’ That wouldn’t be so bad if they would learn, but they don’t. The next fellow that comes along with a clean collar, shave and smooth line of talk can get away with it again. “When people start reading the newspapers and paying attention to the advice given them> the bine sky promoter will have to go to work.” Royse Takes Charge of Near East Relief EveVy day from the first day of February to the twenty the people of Indiana will be asked to heed Armenia's plight and give to her relief. John H. Holliday, chairman of the Indiana coinmitte for Near East relief, has placed Clarence D. K'oyse in charge of the February appeal. He came to Indianapolis from Louisiana, where he conducted a Red Cross Christmas seal campaign and has established offices at 403 City Trust building. “Hunger* knows n. armistice” will be one of the slogans of the commfttee. Lake Ship Bests Ice in 48-Hour Battle ■ 1 MUSKEGON, Mich., Jan. 9.—After a forty-eight-hour fight against a field of slush ice. in which she was caught, the Crosby line steamer Petoskey docked here shortly before Twenty passengers and nearly fifty members of the crew, who were aboard, suffered somewhat from the cold, but 'otherwise were none the worse for their experiences. The boat was twenty-four hours traversing a distance of seven miles through the ice.

"STORE CLOSES AT 6.P. M. SATURDAY]

LONDON PRESS ASSAILS PAISH Mail Says ‘Financial Writer’ Harms Europe’s Cause. LONDON, Jan. 9.—Sir George Paish,, famous British financial writer now in the United States, who was quoted In cablegrams from New York as saying that Europe wants to float a loan for $35,000,000,000 for 'reconstruction work, was bitterly assailed by Lord Northcliffe’s Dally Mail today. The Daily Mail asserts that Sir George has done ‘incalculable harm to British Interests in America by such statement of Europe’s plight and advises that he can best undo the damage he has already done by immediately returning home. The Daily Mall asks: “Who Is Sir George Paish anyway ?” and then answers: “It is already known to every public official that Paish is only a financial writer and not a financier.” The plain statement of Herbert Hoover that Europe must “work” and his contention that European countries have plenty of assets which they could pledge as collateral for loans, credits and raw materials, has rolled the British. The Daily Express says: “It wonld be well to dispense with ’Hooverish homilies’ at this time. Did an Old Enemy Kidnap DeKay Girl? CHICAGO, Jan. 9. Reports that Jeanne DeKay, missing protegee of Jane Addams, may have been kidnapped by some old enemy of her father’s were investigated by police today. Her father, before making a huge fortune in Mexico, was in the meat packing business, and edited a paper at Wankegan, 111. He was known as a “two-gun editor. ’ He always sat* at a desk on which lay two revolvers. After making his fortune, he was interested in international financial and political deals and may have made some enemies who sought revenge through his daughter, the police said today. Soft in Name Only DETROIT, Jan. 9 Nineteen nineteen was a rather hard year for Detroiters. Mayor Comnena revoked forty-seven licenses for soft drink places.

All Floor Lamps, 26% Off Here are bargains Indeed. Choose from a wonderfully fine assortment of lamps—for ei-her table or floor r __ —and pay one-fourth less than the plain figure price tag calls for. Original prices for floor lamps com- yVOvV plete (base, shade and fixtures) | ranged from SBO down to $25. During this sale your choice fls-j Q *7tZ Efl jW's ~A * at from on down to. tpJLOef t# " 111 I Terms 60c to SI.OO s Week. i| Damaged Domes S If there Is a “handy man’’ about the house get one of these domes for your dining room. There are probably ten in the lot —all more or less damaged. Some for gas. others for £S’ i?A electricity. Choice, $3.85 to.Pir*AJv All other domes 25% off. All Mirrors, 60% Off l| This includes any mirror in the house, ranging from a small bath- jl room mirror 12x12 Inches in gn • white enameled frame to a llv- 1/ ing room mirror 18x40 inches. Isl Regular prices ranged from $1.25 to $15.00, . now Half Price Damaged Congoleum Rugs Various sizes—all with borders. There is but one each, priced as follows: ■ , $10.50 9x9'Rug, badly damaged „....$2.48 $10.50 9x9 Rug, slightly damaged $7.00 $9.00 7.6x9 Rug, slightly damaged ,$4.99 $9.00 7.6x9 Rug, slightly damaged $5.50 $43.50 9x12 JEtug, badly damaged $4.75 $7.75 6x9 Rug, slightly damaged $3.19 Rag Rugs There are six of these, size Bxlo feet; were $'S $13.50, (sale price, each tP Japanese Matting Rugs Eight in the lot, size 9 feet by 11 feet 8 inches. s*o QO Regular price $7.95, sale price Oriental Couch Covers Six only, Oriental stripes; were $3.00, sale price Fumed Oak Rockers, 25% Off Eight only may be picked up at this bargain price. Good looking and substantial rockers, with imitation leather seats. Were $14.75. Sale price, | A one-fourth less sp JL JL • A v Terms 50c a Week. Period China Closets, 25% Off Here are six china closets of period designs. Including Jacobean, Queen Anne, William and Mary. The prices ranged from $48.00 to SBO.O0 —now priced from AdTfc $60.00 on down to Terms SI.OO a W'eek.

HnDialna JJAUii iimua, rj&uiAi, jAixiiAiti D, liteu.

SALVATION'ARMY HEAD MEETS AIDS Miss Booth Concludes Visit to City With Workers’ Rally . Commander Evangeline Booth, head of the Salvation Ataxy in the Edited States, will leave Indianapolis tonight for Detroit., Mich., enthusiastic over tlm splendid conditions of the Salvation Army in Indianapolis and Indiana after a two-day visit here. Salvation Army workers from ail stations in the state today gathered around their leader and heard from her the plans for the future work of the army in Indiana among the poor and the needy, both in an educational and spiritual way. , Miss Booth spent all of today at a reunion jot the Salvation Army workers at the Citadel on Capitol avenue, where a banquet of all the workers will be held tonight. Following the banquet, Commander Booth will leave for Detroit, where she will be the guest of that city over Sunday. The Roberts Park M> E. church was packed to the doors last night when Commander Booth reviewed the noble work done by the Salvation Army during the war. Charles A. Bookwalter, former mayor, of Indianapolis, presided at the meeting. While here Miss Booth occupied the famous presidential suite of the Hotel Severtn as the guest of the hotel management. Steel Strike Brought to An Official End PITTSBURG, Jan. 9.—The steel strike, called Sept. 22, was officially at an end today. “The steel corporations, with the active assistance of the press, the courts, the federal troops, the state police and ‘many public officials.’ have, through the arbitrary and ruthless misuse of power, compelled the calling off of the walkout, ’ the natfonal strike committee explained In telegrams sent to all the locals. WORKMAN’S HAND CRUSHED. Frank Wilson, colored, 316 North Temple avenue, was painfully Inju4d today when his hand was erusbed by a heavy oven door at the Indianapolis Casting Company’s plant, 131 South Harding street. Motor Police Dean and Drinkutt investigated the accident. The injured man was sent to the City has pitai in an' ambulance.

COLORADO ACTS DEAD FOR HAYS Delegates Will Go to G. O. P. Convention Ready to Do What Party Asks. DENVER, Jam 9.—Colorado’s delegation to tbe national republican convention* at Chicago will go uninstructed. That was the belief prevailing today fn political circles, following the meeting between Will *H. Hays, national chairman, and members of the state central committee. Chairman Hays urged the state committee to bring about harmony in republican ranks of Colorado, to forget local and factional differences and to present a “solid front before the coming campaign.” Factional strife, he said, is the only thing that can defeat the republicans in the next national election.

—Merchandise Purchased From U. S. Government and Government , Contractors. Also Surplus Stocks of Quality Commercial Merchandise. Store Open Until 10 O’Clock Saturday Night Here You Will Find—Everything Marked in Plain Figures —All Goods Guaranteed as Advertised. Money Refunded. Quick Service ~ p Quick Service^ o. and. Aii-ffooi Extra. Extra. .^wai.w Just Arrived _ (Kedyed Black) U. !>. Army y g Marine Corps ' Overcoats O. D. “Dungarees” „ Overalls $ R= 5r • (The Marine*s Bib Overall) . . .. -These coats are in first-class eon(Heciaimen) dltion, presenting a wonderful opportunity to men to purchase a m a staple OTereoSt at a bargain price. •PU the ===== Goods | v Pair. U. S. Army ~ „ Officer’s Moleskin •J, Army —Extra heavy qualities—double stretched, large bib, high ' j. ry D 1 1 • j back, full cut and roomy; alt sizes; one of the biggest eO ®]§ I\UDDeriZea values we have ever offered—the pair—sl.Bo. XII Rain $7.75 Coats LV £• 9 , —Belted all around. Coats * SHOE BARGAINS ,N ™ a ”*> —Oojble ventilated back. u - s - Arm y *YP® (Munson u. s . Merchant Marine Wool ( New Goods) laSt) ’ hCaVy a " leather ttr , i _ ,MM Shoes ( o r.) $4.95 Watch AA Wool QC U. S. Army type (Munson V^&PS l .11 *PP SaplsPl! 3 last), medium, ail leather Toboggan Breeches ■ (Redyed) * BOIN. MO6S 'Goods/ o. and. Jersey Blucher WraDDer Gloves 00£ & SBSO L t ggins (New Good,) VVV> (New Goode) $8.50 the p.ir. | * l U. S. Merh'e.v)w*o v i y $1 65 Buy Comforts and Blankets Tomorrow! cha MiddJ rin * .50 Undershirts 1= (J. S. Army 4b •‘S A C BloilSGS D (New Goods) __ l| 4|'\ These make Hj • dandy blouses for women. Don’t miss this wonderful op- _ portunity; choice * U; S. Army f Pup 1 Lights j 1 Shelter Halves L Tents J | (Fl; wui" h cl.. cover. U - S - Marine Corps Heavy O. D. f Wool Blankets $0.35 * 3 -°°- ATent O* B. Part Woo| U. S. Shipping Board Extra heavy a a Heavy gray Blankets j> SZ J BlanketsO msm&NSar. Regulation | Cotton (re-ff^ A ll tyP oodsK W claimed). . T _ 4 000 8 U. S. Army U. S. Army O. D. v —~— J Heav y and Medium weight. ur . HJav * „„ u 'w.:r or*f fJ*AS Wool 1 9V2 |h“Jts S D rtsand os Pants 6 ; Socks *“ c. ‘Jfl.ns a Drawers —Made uk dvii- pair (Reclaimed) (Reclaimed) bu bottoms. (Reclaimed) > Mil li |L||l J|l (I ' j£Sb to W V ¥ faW If jjgHEaEj^B Mail W M k. V Look for Orders | 1 U fl mHB the Big Promptly Blue Filled. White Sign. \ 1 i

Colorado will send twelve delegates, 1 eaded by United States 3enator Phipps, to Chicago. Chlrman Hays was told Colorado favors Gen. Leonard. Wood fir:,t for the presidential nomination, with Gov. Ffank O. Lowden of Illinois and Senator Warren Harding of Ohio in a close contest for second choice. A banquet was given last niyht in honor of the visiting national chairman. Number of Germans to Be Tried Cut to 300 LONDON, Jan. 9.—The list of GeJtnffn war criminals to be tried before allied tribunals has been reduced from 1,200 to 300, the Daily Mall today reported it had learned. FARM LABOR TO CONVENE. WASHINGTON, Jan. 9.—The AllAmerican farmer labor co-operative commission today announced a co-operative congress, to be held In Chicago from Fob. 12 to 15.

CALL FOR PARK CLUBHOUSE BIDS Board Plans Early Start on Garfield Structure. Bids wUI be received for the construction of the new shelter house at Gatfield park by tbe board of park commissioners late this month pr early in February, Superintendent of Parks James H. Lowry announced today. The park b£ard at Its regular meeting yesterday authorized advertisements for bids. The date .when the bids are to be received will be fixed at the regular meeting next Thursday. The new building will contain a basement and one story. Its proposed dimensions are 165 feet by 65 feet. The interior arrangement will be such that it can be used as a community building as well as park shelter. Provisions will

be made for the installation of a beattng plant at a later date so the building may be used In the winter. Because of advances in labor and msterlal costs it is expected v that the original estimate of $40,000 for the building.' made early in tbe fall, will be inadequate. It may be necessary to obtain permission for the issuance of more than this amount in bonds before work can l>6 started. Mr. Lowry said. •' Thief Breaks Into College of Music Music may charm the beast, bat not the thief. Mrs. Leo Taylor, 1246 North Alabama street, today reported to the police that her /purse, containing sl2 and a watch valued at S4O, was stolen from the College of Music, 842 North Pennsylvania street. James Young, 2204% East Tenth street., told the police his watch and chain were stolen while ho was at the bowling alleys. 'a

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