Indianapolis Times, Volume 33, Number 194, Indianapolis, Marion County, 23 December 1920 — Page 8

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RUSSIA BANKS GOLD TO OPEN TRADECREDITS $200,000,000 Is Deposited in Copenhagen Institutions by Soviet Government. COMMERCE IS LIMITED

WASHINGTON, Dec. 23.—The Russian soviet government has jnst deposited two hundred millions in gold with banks in Copenhagen for the purpose of establishing trade credits with the United States and other nations, according to Information received today by the State Department from its agents abroad. The only hope for a Russian commerce of any volume, experts here assert, lies in the possibility of utilizing this gold as a credit nucleus for a three, cornered trade by which Lenine may sell his surplus wheat and raw materials to Scandinavia and Great Britain and buy American manufactured products with the proceeds. According to official reports to the department, Russia at present has practically nothing in the way of raw materials which the United States needs. She has some Siberian wheat, a small quantity of furs and bristles and a considerable surplus of flax. America has no need of Russian wheat and the flax is not suitable for American manufacture. American importers would be glad enough to get the furs and bristles, but the amount of these commodities is said to be too small to form any considerable volume of trade. If Russia is to develop the trade to which her vast natural resources entitle her, experts say, she must permit foreign capital to exploit her stores of coal. Iron, oil, lumoer and wood pulp. Owing to the world-wide shortage of print paper, American capitalists are considering with interest the possibilities of the wood pulp Industry In Russia. Basic opposition of sovietism to capital of any kind and especially to foreign capital, however. has operated to discourage foreign investment.

*500,000,000 TOTAL BCPPLY OF GOLD. The total value of gold at the disposal of the soviet government is approximately five hundred million, acording to latest official estimates received her?. Os this amount two hundred millions', is Use gold confiscated from the Roumanian government, and now stored in Moscow, It is a motley collection, containing almost every sort of gold coin in the world. Reports indicate that It will be held intact to be used as a political weapon against Roitmtnla. The remaining three hundred millions consists chiefly of Russian coins and gold bullion, conflscarted when use of money was forbidden by official decree of the soviets. Though the Saw of Unssio limits employment of money to transactions with foreign nations, a system of tokens has lately sprung up within the soviets which differs but little from the normal money exchange. * Lenine is reported to be experiencing difficulty x with this new medium of ex change because of a tendency on the part of sovleteers to hoard and barter the tokens. A famous opera singer, for exIp ~efn<ed to sing unless issued about thirty times the normal sugar rati. .ii. and when official exi-eption was made in his favor, hoarded his sugar tokens and used them to purchase other luxuries.

ILLINOIS WOMAN DIES. Special to The Times. NOBLKSVILLE, Ind., Dec. 23.—Mrs. Sarah Paddock, 88, is dead at the home of her daughter, Mrs. John Sutton, near rhls city. Mrs. Paddock lived at Thnwville. 111., and came here last August to visit her daughter. She had been here only a few days when she was taken sick. Besides Mrs. Sutton, Bert Paddock and Mrs. Malisst Coultras, both of Thawrille, survive.

Service and Satisfaction HSO TRUSSES If | ABDOMINAL SUPPORTERS, BRACES FITTED BY EXPERT Complete Line Sick Room Supplies WM. H. ARMSTRONG CO. 34 WEST OHIO ST.

Gas Rate Question Why the Gas Company Must Have More Money Since 1916 the equipment of the company has been falling behind the demands of the town. In 1918 an enlargement of one of the plants was undertaken. The company sold $1,500,000 of short-term 7% bonds for $1,400,000. The improvements at that time actually cost $1,620,000, but many important parts had to be trimmed down so severely on account of lack of funds that undue demands are now made on them and frequent Interruptions and breakdowns occur. Many other improvements are urgently needed unless we are to fall behind the requirements of our consumers. One of the most important of these (although by no means the only one which is urgently needed) is a gas storage holder, which will cost over $500,000. We have been endeavoring to build this ever since early in 1916, but have not been able to do ro. We can not undertake it without new' financing. The holder itself can yield no revenue to pay the $60,000 or more per year which it will cost in interest and maintenance charges. With this additional storage capacity no short period of excessive consumption or plant disability could affect the gas service at all. To get this holder completed by next Christmas, construction must begin early in the coming year. This is only an illustration of what we have in mind when we say that the improvement of gas producing facilities and the ordinary extensions of gas mains will require an investment of $3,000,000 In the next three years. Besides which we must retire the shortterm bonds which we Issued in 1918. All surplus earnings of the good months of 1920 have already been absorbed in improvements to our plants and distribution system. In order to prepare as well as possible for the present winter we have not even reserved funds for payment of the 7% bonds, which mature next May. With the declining business which we are now experiencing, we cannot hope for earnings from which w-e can take care of further improvements. Our policy henceforward must be one of rigid retrenchment until there Is more revenue in sight. The company may be able to stand still—to mark time and take care of the business it now haa. The city cannot afford to have this happen. It takes time to construct extensive equipment, especially when it must be done while operation is going on. The longer we postpone beginning, the more extensive and costly must be the betterments. And the greater becomes the danger of interruption to gas service. The public should not be deceived by the good service which we are now rendering. This is due to the mild weather and the general slowing down of business. We can do no more than we have already done for this winter. But there are other winters coming and there is an increasing demand for gas. At the end of 1914 we had 53,008 consumers. Today we have 65,380. And the average demands of our consumers are increasing. How the raising of new capital to meet these requirements is related to our operating earnings will be explained in our next statement Citizens Gas Company

DOROTHY HAS DANCING MOVIE ROLE In ‘A Romantic Adventuress'—Field Minstrels Tonight

l Dorothy Dalton has a dancing movie role in "A Romantic Adventuress.” In her new photoplay, “A Romantic Adventuress,” which may be seen at the Alhambra today, Friday and Saturday, Miss Dalton proves herself to be a dancer. She Is cast as a vivacious dancing girl from the sunny South, who takes Broadway by storm. Then at the behest of a greedy mother and a blackmailing theatrical agent she goes to Monte Carlo to achieve a titled marriage. But dramatic happenings frustrate this plan, and romance triumphs in the end. Miss Dalton's dancing as the Queen of the Carnival, and later as the star of a theatrical production, are among the high spots of the picture. Charles Meredith is the leading man, the cast also including Howard Lang, Augusta Anderson aud Robert Schable. "A Romantic Adventuress” Is an adaptation of a story, ”A W inter City Favorite.” written by Charles Belmont Davis, brother of the late Richard Hardin f Davis. A Universal comedy and the Fox News Weekly is Included on the bill. -I- -i- *iALSO ON VIEW. Other attractions on view today include. Kmma Cams and a big bill at B. F. Keith's; popular vaudeville at the Lyric aud the Broadway; musical comedy at the Rialto: “The Big Sensation,” at the Park; “To Please One Woman,” at the Isis; “Peaceful Valley," at Mister Smith's; “Old Dad.” with Mildred Harris at the Circle; “Honest Hutch,” at the Ohio; "Broadway and Home,” at the Colonial, and “Number 17,” at the Regent. . -|- -1- -I----IIELD MINSTRELS OPENS TONIGHT AT ENGLISH'S. A1 G. Field's Minsterls. wnich will be the Christmas day offering at English's, opens its annual engagement there tonight. Bert Swor, blackface comedian, is the chief funmaker with the minstrels this season. The production this year Includes such features as a burlesque on the nstlonal political conventions, with impersonations of statesmen and politicians of prominence; a comedy scene with the famous international yacht races for a background, with the British challenger.

WITH ‘ADAM AND EVE'

JPP 1 M ... : iMf* _

MARIA N A MARA. Supporting Molly Mclntyre in “Adam and Eva,” which opens a three-day engagement Thursday night at the Murat, will be Miss Maria Namara. This comedy was successful in New York and Chicago. It will be the Christinas day attraction at the Murat.

Shamrock IV, and the American defender, Resolute, prominently featured; a Holiday on Rumpus Ridge, the Arkansas Traveler, Henri Neiser in his mystifying Human Spider specialty, and other acts of equal interest. 20 Per Cent to Be Paid in Milton Bank Case Special to The Times. RICHMOND, Ind., Dec. 23.—Following the report of Claude S. Kltterman, receiver of the Milton Farmers Bank, Judge W. A. Bond of the Wayne Circuit Court has ordered the payment of claims of depositors amounting to 20 per cent of the total. Mr. Kitterman’s report shows that claims tiled amount to $317,155.29. Os this sum, $228,447 has been allowed. Expenses of the receivership are $6,794 and the balance on hand at this time Is $44,841.90. MERCHANTS PRESENT GIFTS. NOBLKSVILLE, Ind., Dec. 23—Five thousand persons attended the exercises connected with the community Christmas tree held in this city last night. The tree was sixty feet high arid was erected at the intersection of Tenth and Connor streets. Hundreds of presents were distributed by Santa Claus and a choir of 500 voices sang Christmas carols. The business men of the city financed the project.

Only a Limited Number Left Your Last Chance On This Big Holiday Special £§J Hi ifiai ® u y Here Early Friday Hunan an( j g e g ure 0 f choice I MAHOGANY STANDARD D S T I FLOOR LAMPS MAKER 8 With choice of Silk Shades, assorted colors. 1 I „tss. $1 <"7.48 HALF. I 70 INCHES pi fS ■ £ I OVER all H M i Extra Special—Silk Shades A few salesmen’s samples, 24-inoh siik shades, assorted g’gy* - regular value $17.50. To close out, speAlso, $35.00 shades, to close out, #17.50G. L. STEWART & CO. Salesroom—l 34 Virginia avenue, , Factory—339 Virginia avenue.

SERViCE Good service is what people desire at all times, and especially for holiday travel and shipping. We sell service and recommend it as being good passenger, freight and express. Use us, you will make no mistake. Union Traction Company Os Indiana

gP Girls! Girls! Girls! This is a girls’ world. Nearly everybody Eh wants on ® 33 stenographer, bookkeeper, clerk or HR BH housemaid. Don’t wait till the smart ones are all psi foda PCd UP — PUt y ° Ur Want Ad in this P a P er you, Madamoiselle, should know that if Ipfl SpU you’re looking for a particular kind of position, gg the best firms in this city watch our Help Wanted wM columns constantly for capable employees. il Dress Up Your Want Ad Like This few- HOUSEMAID WANTED In 'mill SITUATION* WANTED—Br”you ni flli family, good wagea. no waahlng with aaoeptional ability m.l lw| B 2 hou - “ i rru^ l o,?r is* Hi old boy part of afternoon Referenda Tactful In handling oallera. Would required. Phone Carllele 6970 be ,nTilu *W* to an eisoutlvo under iggiSU ‘ pret'ure of dotal). Refereooea gladly SrSpljlß gptfil fund ah od. ADDRESS: H Good help is as important as good merchandise. You must have both to be successful. Read and Use the Want Ads in fll Indiana Daily Times —

INDIANA DAILY TIMES, THURSDAY, DECEMBER 23, 1920.

XMAS SALE MONEY FOR SCOUT MOVE Girls Plan to Establish Headquarters in Indianapolis.

The. Christmas sale committee of the Girl Scout Association of Indianapolis has completed arrangements for the sale of Christmas candies, cakes, pastries aud other “goodies.” The proceeds of the sales are to be used by the association to establish an Indianapolis headquarters of the Girl Scout movement and placing a diroctor in charge of the future development of the Scout movement in Marlon County. All the Christmas dainties to be sold will be made by members of the Girl Scout troops, aud friends of hundreds of girls throughout the city are urged to place orders for the Christmas dainties with Mrs. 11. G. Bosler of Irvington, who can be. reached by telephone nt Irvington 4056. The actual sale booths of the association are erected in two places in the city —147 North Pennsylvania street and stand 432 in the city market. Orders for Christmas dainties particularly hard enndies and similar decorative "sweets”— may be telephoned at once to Mr,.. Bosler. according to announcement today from Mrs. Alfred Lauter, chairman of the Christmas sale committee. Such orders then will be filled by the girl scouts throughout the city and nny orders for more than five pounds of candies made before Wednesday evening will be-deliv-ered. Mrs. Bosler has announced. “The necessity of Indianapolis citizens

to realize the opportunity for splendid service at Christmas time to the Girl Scout movement is Imperative,” Mrs. Lauter aald today, “if this nation-wide movement Is to be of any benefit to the young womanhood of this community. We hope that Indianapolis will respond to this Christmas sale.”

2,000 Lose Lives in Earthquake in China

SHANGHAI, Dec. 23.—Two thousand lives were lost in an earthquake in the isolated province of Kan-Su, according to reports hero today. The shocks were still continuing at last reports. The town of Peng Liang, with several surrounding villages, was reported wrecked. Rescue work was carried out with great difficulty because of the isolation of the province and its extreme ruggedness. Kan Su also is in the famine district. BLACKFORD FARMER DIES. HARTFORD CITY, Ind., Dec. 23. James A. Jarnignn, 77, one of the most prominent farmers of Blackford County, is dead here. He is survived by his wife and rlx children.

Useful Gifts That Will Please

Indies’ Silk Waists, various colors, special '.#1.95 Indies’ Bedroom Slippers, fur trimmed and leather Boles, $2.25 value; special #1.39 Satin Hats, the very latest, models; special at #3.95 Ladles' Sweater Coats, with belts; special #2.95 Silk Hose, black and brown..43£ Ladies’ Silk Camisoles 98^ Children’s All-Wool Teddy Suits, $6.00 values; special at....#3.95 Store Open Friday Evening Until 10 P. M.

The Famous Store w . w. 1 ,

Efficiency at the Throttle

2358

19 SOFT DRINK SELLERS CAUGHT Logansport Men Held for Dry Law Violations. Special to The Times. LOGANSPORT, Ind.. Dec. 23—Nineteen local soft drink parlor proprietors were placed under arrest here Wednesday on charges of violating the Federal prohibition laws. Raida were made on twenty-four different places in a search which revealed large quantities of bottled goods labeled “stomach bitters” which is said to contain large quantities of alcohol. The men placed under arrest, it is stated, had purchased from a wholesale house unusuual quantities of the “bitters” which they sold over the counter at 15 and 25 cents a drink. The accused men hold Federal permits, It Is reported, licensing them to sell the bitters and all pleaded not guilty to the charges at the preliminary bearing. All were released on bond, and will fight the case. The five dealers who escaped arrest

when the raid was made by the officers had been tipped off and none of the concoction could be found in their places of business. $31,850 Demanded in 4 Rushville Suits Special to The Times. RUSHVILLE, Ind., Dec. 23.—A crossing accident in this city on the night of Oct. 28, when Russell Cross, Iff; his sister, Marie Cross, 17, and Glen Woods,

Records and Player-Rolls Make Dandy Gifts

The Baldwin Piano Cos. OF INDIANA 18 North Pennsylvania St.

THE automobilist appreciates good gasoline most when he steps on the throttle and notes the efficiency in performance of his engine—blueprint efficiency alone means little to him. Knowing this, the Standard Oil Company (Indiana) has devoted much of its energy to the development of a motor gasoline which not only stands the grueling test qf research laboratories, but which has proved its efficiency in thousands of cars operated under every-day road and weather conditions. The Company has studied the needs of the motorist at first hand, and has developed Red Crown, its motor gasoline, to a point where it meets exactly the needs of the automobile engine operating under conditions obtaining in the Middle West The efficiency of Red Crown symbolizes the spirit which animates the Company as a whole in its endeavor to render an intelligent, efficient service to the public generally. The tremendous increase in the number of automobiles and trucks from 1,253,000 in 1914 to 7,459,507 in August, 1920, has made more apparent than ever the absolute necessity of a comprehensive, dependable system of distribution. The development of such a system has changed from something merely desirable to something vitally necessary. The best gasoline in the world is useless if you cannot get it when you want it. Every step from refining to final delivery is of such importance to the Standard Oil Company (Indiana) that its interest never abates until its gasoline is delivering maximum motor mileage; until its lubricating oils are helping do the work of the world to the satisfaction of the ultimate consumer. The greatly increased yield of gasoline which this Company has been able to recover from the crude obtainable has been accomplished without sacrifice of quality. Red Crown and Polarine performance are the best proofs of Standard Oil Company (Indiana) service. Standard Oil Company (Indiana) 910 So. Michigan Ave. a Chicago, 111.

21, wore killed by ft C., L A W. passes** ger train, has reunited in the filing of four lawsuit* in the clrcnlt court a pains*' the railroad for damages. A total on $31,850 is sought For each death the parents seek $10,300 damages, and the fourth complaint demands $960 for the destruction of the automobile in which the three were riding. The railroad employes are charged with not sounding a whistle or bell for the 6treet crossing as they entered the city. Violation of a city ordinance, which makes it unlawful for trains to exceed fifteen miles an hour, is charged.

Open Evenings