Indianapolis Times, Volume 35, Number 200, Indianapolis, Marion County, 30 December 1922 — Page 24

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CONTISTI Of TRADE REVIVAL SEENBYEXPERT University Research Director Says Events of Past Week , Indicate Bright Future. By LEWIS H. HANEf Director Business Research New York University. Written io r United .Financial. CHICAGO, Dee. 30—The lmme diate Outlook for business ls good. This favorable condltlon promlses to last through thè spring. Aster that grecit uncertainty esista and many ex perts are lncllned to look for a sei back. Such la thè Impresslon onigets from discussine thè future tritìi th© leading economista and men. I am wrltlng frorn Chicago, wher. thè annual meeting of thè American Economie Associatlon has brought to gether thè best economie nunda of thè country. Cert'Unly thè events and new of thè last week have shown continua tlon of thè trade revival which has now been under way for tliree or four months. To begin wlth, our exports In Xo ▼ember were J 59.000.000 greater In value than in thè same month last year, and of this lncrease $60,000.000 was due to thè gieater value of agricultural Products abroait. To be sure, most of this increase carne in cotton, but thè exports of grain, grain Products and meats showed a consideratile gain. . This fact partly explain thè favo! able statement of one of thè larg Chicago mail order houses, its Decomber sales belng thè greatest of any month since November, 1920. This means that thè farmers are showing Increased buying power. Another point worth noting ls thè advance in our exports of copper. The eales of thè Copper Export Associatlon are reported to amount to 50,000,000 pounds in December, which ls thè greatest volume of business attalned eince thè formation of thè associatlon several years ago.

Look ing, Back iva ixi in tke Land ofMake Bel leve

B'miW'JER D. HICK.UA V In looWfSf j.ck over thè past twelve months, no easy task to separate thè creartw om thè milk in thè theat•ical milk j ir. Some w* rth-while things have been i"*-omplis ied in this city during thè I thè outstanding features of r was thè developing of thè ■ Theater orchestra by S. Leoohls. To my way of thlnking. rei© orchestra ls not just able assetto an institutinn—it ? nearly civic In its appeal. In t of 1022 accompllshments one 1 all fairness consider thè Circle ra and its conductor. in cpeaking of music, I am going to include thè splendid concerta supplied by Ona B. Talbot. ' The value of these concerta can not be overes timated. The Gipsy Smith Choir of thè Cadle tabernacle has shown splendid grewth during thè year. To many, thè municipal theaters created in tlie parks of thè city during thè summer are of vi tal importance. It is evident that thè seed for a reai inunicipal theater for thè summer months has been pianteti. The Little Theatre has had its share of difficult problema to meet. One thing has been accomplished—thè society has diseovered that it has sufficlent talent in Indiar apolis and It is not necessary to go out of thè city for a director. The society this year has decided that lt ls thè duty of thè society to produce and encourage Indiana written plays. H + + In- looking at thè legltlmate stage. 1922 has not been a banner year. The truth ls. this year has been an "off year’* in many communities, especlally thè last four months. Road condi tions have been very unsatisfaetory. Stuart Walker last summer had hi.longest season at thè Murat. Some splendid things were accomplished by Kr. Walker, altbough several plays were unwisely se!ecte<L This year witnessed thè fallure of Shubert unit vaudeville in this city. I nnderstand that thè losses are heavy. Th Palace during thè year liecame a Keith-controlled vaudeville house. The Lyric has had its usuai highly profilarne year, if all signs are not wrong. Keith’s big time house has lived up to ifs standard of accompllshing rc-al things. This theater has become an actual civic center. Both Mutual and Columbia wbeel burlesque have been represented in this city during thè past year. *(* -(- T In thè field of movios. 1922 has been a year of accomp l i.shmnt. < . because 1 foel that thè movie going population has been increased. The Apollo Theater has been built and opened. The Alhambra ls no more. More attention has been paid to thè balancing of thè programs The Circle kas made splendid strides toward thè ultimate in presenting photopla.vs The Ohio has presented some of thè big pictures of thè year. This house brought thè Oish sisters to town. I must not overlook thè generous spirit on pari of all theater manager In providing special shows for news boys and thè children In various inEtltutlons of thè city. -I- -(- + I never have assumed thè "know-it-all” atti tude and I hope I never wilL I bave sound out how little I ready li now about magicians. The ofher rftemonn Nate Leipsig, card manipulator, staged a private little show for r.ewspaper men in thè office of Roitare Eggleston at Keith's. I am a regular "dumb bell’* when It Comes to this magic stuff. Leipslg did come wonderftilly developed card manpulating stunts. I was at his elbow *very minute and I couldn't See ♦ hrot-<,h a thing. He then did thè

New Buildings Evidence Growth of City

Here ls one of thè best evidences c? thè growing prosperity of Indianapolis. some of tljc new building. under thè process of consti uctlon.

a h c of thè magiclan's cod cr.d 1 couldn’t see through thè simpicst trlck. Bilj Herschell was on thè other side of Leipsig all thè time. Aster I.ipsig had caused carde to disappear under our verv eyes. Bill declared, in anger: "I p:ai-l forty bucks for mese glasse I ani wearing and I can’l see a thing.” Y. M. C. A. WILL HOLD ANNUAL OPEN HOUSE Annual open house and New Year’s day program vili be lield by thè Y. M. C. A. on New Year’s day. Tìie “Big Meeting” orchestra will give -i concert at 7:00 p. m. A special athletic program has been arranged, wlth a basket-ball game between thè ”Y” Leaders and Technlcal High School as thè feature event.

No Haiding Too Heavy No Distance Too Creai for —* Central Transfer and Storage Co. Commodious Fireproof Warehouse We Do thè Hauìing for The Indianapolis Times 118 S. Alabama Street

Our First Anniversary in Our New Home Comes .Jamtary 3, 1.923 To you antPall our otlicr. rooil frit'iirls, who p 'muL liave dono'?o niur-h to ina' o tliis a year of pleas- * '-' ! P aiii ' % ant. associations, we extend our lioavtiest wislies ||Arpp ” 1 that thè New Year will soe all your expecta- |jl q —. tions realized and brini; to you success and prosperity in brimming measure. # ||H" I[ t| S Ifißational Cita Batik ÌM J Illß~.Bo.Yife iiòir llnfefìP IOR IIIIINGTOK STREET--EASÌ'

Above are thè Roosevelt. building, Illinois and Washington Sts. fiefu and thè Guaranty building, Meridian SI. and th Circle. Below aro

HOHSES BOA YEARS AGGWDREDRESSES Ancient Equine Trappings Seen in ‘Robin Hood.’ There was a day when no self rcspectlng borse, permìtted in a certain ■ exclusive ’ circle, would go prancing ' iroun.l In public disrobed. That day i wis back in tlie Twelfth Century In ! Engl.md during thè relgn of King : Richard I. i Every charger pri\ilegd to hobnob : with knights was amply provided ! with gorgeous ralment hearing thè ! < mblem of Ita knlghtlv owner so that il might be distinguished frorn all ■ others. Th kind of trappings nsed in those romantio ani! thrillln ; tinte© are to he seen on thè horsos appearing In i Douglas Fairbanks’ super production.

The Indianapolis Times

shown thè Indianapolis Athletlc Club, Mertdlan and Vermont Su. (left) unii thè J. F. Wild bank Market St. ea-'<t of Pennsylvania St.

“Douglas Fairbanks In Robin Hood.” a United Artists relexs© Corning to thè Ci'eie ori Jan. 7. and thè effect !s quite bizarre to thè public of ’ hi* generation, accustomed as w are to liaving all manner of stylos®of motor cara cross our daily Vision. Accorrllng to present-day authi.ritles on thè hlstory of tb Norman period a knlght’s sreed was never allowed to go out of its stable without belng garbed eorreotly, and. it seems logicai to assume thè animala lnstinctively became so usd to “being dressed for th Street” that they would be msi reluctant to venture out otherwise. These rsjulne robes were noted for their omateness and they served no u.seful purposes such as pmtoctlon against foes or ihe naturai eletnents It was jttsf p’aln. evetw day style then timone knights and thè style was in spi red by thè eonvenlenoe afTorded for li nking pmmlnent ori rnounts th crests by which they could always be known. The aforesald convenlence ls made quite noticeable in thè courso of th exciting pction In "Douglas Fair banks In Robin Hood.”

OLD YEAR SEES HESIPTII OF PROSPERQUS ERA Recovery From Post-War Deflation Has Been Rapiti Throughout Country. Un l nitrii Kiniinriitl From practically all ttngles. 1922 can bo rccorded as tlie renaissance of p esperity. Its statistics portray sttlady recovery from thè deep <lepression of 1921. Then we were in iie slough of detlation. rlolng ponance nr aster war boom excesses of 1919 uni 19.ni—reduemg prlces. restarmi --rullila, ree!ressitig in velitene. and costa and me.imvhile ranking buying .nd selling it-ss-Recovei y was inevilahle :tf;er thatj painful bui salutary p: ess. Tl,e rea I t.l ac’.or was credit, thè fumi;imeni.. 1 guies ..Ilio Fede;.il i esci Ve ratio and, he money rate. Muslirooni borrowng and curiency—ledectlng lii up usli of prices, prolits and wuges. and j ut pricing ur rese! ves uvea ti'.ough , ,\e were corneiing thè wo-iu s gold—• cui drive thè Fedenti ie.--.erve ratini own almost'to thè legai dead lino of ! i per cc.it. had drive thè money rato . o S per cent, had put prices an I v.tges on treacherous stilts. With lellated loans and notes, rhe lese; ve ~tio has dimbed Iwck to nearly ,cr cent we have seen thè money rute ualved and piices brought down al i.ost 50 per ceni. The atonements of ; 921 smoothed thè pathos 1922. The lirst clew to thè transforma-J ::on carne fiom thè stock market —an oidex as infallible as it had baen in 1907 and other epochaJ years. Tlie; pit of Rt2l depression in thè E;ist i was in July: in thè West during thè. autumn. Meanwhil©. thè security market begin an almosn unintei rupted march upward. It lasted more chan a solid twelve month —to alinosi thè middle of Se pt ember last —during which stock prices advanced no lesa than 65 per cent. Slower pace I bonds a Ivanced 25 per cent. As a converse, tho money quotandoti had recedei! 50 por cent, when thè time loans last summer dlpped briefly below 4 per cent. Sin© mld-September a security market reversai has lopped off a quarter of thè advance —atone time a third. It is thè end—or, but a technlcal seeondary reaction, thè result of market mechanlcs? The answer—which nray in pari li ouisiile thè United Stats — is of moment to generai business, which, traillng as usuai tiie security market by, baif a y ;.lt or so, stili surges on. BABY LEFT AT CHURCH IS FOUND BY PRIEST Infant Wrapped in Uoslly lilanket in Basket. PITTSBURGH, Dee. 3 —Attractd by th cris c>f a baby, thè Rev. .To st ph Cantar, pastor of thè SS. Peter nmi Paul Catholic Church. early to day hurried to thè parish house near by and there sound a line boy, nppar f-nily about a month old. wrapped ir. a r ostly blanket and snugly tucked Into a hxkt. A few minute before he had heard an automobile stop at thè parish house and then drive a way. The baby was taken to a foundliiwt asvlum.

Indianapolis Glass Co. MANUFACTURERS AND JOBBEU3 1002 KENTUCKY AVE. Extends To All Customers and Friends Wishes for A Prospèrous and Happy New Year

f Make Your Waste Paper Earn a Prosit We Buy Waste Paper of All Kinds Old Books and Records DoiTt burn them; that means their destruction ; sell them to us. Cali MA in 6089 AMERICAN PAPER STOCK CO. Incorporated 332 WEST MARKET STREET

Al Jolson to Bring ‘Bombo’ to thè Murat $ ? M 4... .1 ' , AL JOLSON Here ls Al Jolson done up in burnt cork. Of coarse, yoii would rtco'Snize Ibis face He will he at ilio Murat for thè wetk of Jan. a in “Bombo.” Work More and Talk Less, His Resolution Luther Burba nk noted humorist. would have thè Nation resolvt- during thè New Year to woik mote and ta k lesa “To have more faith in ourselve and lss in what th other ¥ fUow has to say f To think our- fey sejves and not to C; :; Justment of old | iufficlent perav BURBANK i veranc© and adaptabillty to meet' all thè changes to which lt must always be subjected b.v its ever-changlng envlronment. lt will b !ft behind and lìnaUy destroyed. : outstrlpped by iacea better equlpped for thè fray.” TEACHER SHOULD KNOW COLUMBUS, Ohio, Dee. 30.—What makes a successful sehool teacher? Vernon Ri egei, director of th© State Department of Education, has r.nswered thè questlon. He lista: An understanding of thè purpose | and scope of education. Conseiousness of responsiblllty. Health and health conseiousness of 1 teachers. Knowledg© of subjects taught. Knowledge of thè chilik Knowledg© of scientifto principles i and methods. WATER TOO PURE UT. WILLIAM, Ont.. Dee. 30.—Ft. William has too pure water. Water without any sediment oxidizes tanks. So thè city chemist has to place lime i iti thè water to offset this unusuai con- | dition.

We wish you a Happy and Prospèrous iS’cw Year. ■ Enjoy Tour Jewelry While Ivi Y'ou Ara Paying For It. I ■ Cray, Gribben & Crai Corner Indiana Avenue and Illinois Street I

Bemìsßros.BagCo. r Manufacturers BURLAP, COTTON AND PAPER BAGS BURLAP AND COTTON • SHEETINGS TWINES % INDIANAPOLIS, INDIANA

The Leading Trust Company of Indiana m The Union Trust. Company À of Indianapolis Capital, Surplus and Profittiti. $1,754,000.00 0& Department of Service BANKING DEPARTMENT % Invites cheoking Hccounts of lndivtdnal, corporation*, firtnt; and trust coni panie*. Issues Interest-hearing certiflentes of depojffitXji ble on demand or at a speeifled time. y#- , <3 r SAVINGS DEPARTMENT fro/TA Invite aringa aeoount, amali or larga, and aliovrs Interest '-OfSJPN Savings Department open Saturday evenlngs from 6 tu &. I,OAN DEPARTMENT Lends money aero ned by first mortgage on reai estate, Uakea leane iV*J| approved collateral. XJ BOND DEPARTMENT Buy* and sei! high grade Investment securltles, such a* V. S. Cover rnent Munteipal, Public Utility and Beai Estate Mortgage Bonds. Men 35 ber Indianapolis Stock Exchange. V TRUST DEPARTMENT f* Afta as Execntor, Guardian, Trnstee, Transfer Agenrfsj Registrar and holder of escrows. READ ESTATE DEPARTMENT ' ■ Acts as agent in purchase. sale and exchange of reai estate yj RESTAI, DEPARTMENT Coliects rents and attecds to payment of taxes and detall* of mansia® rnent of reul estate. INSURANCE DEPARTMENT Writes Pire. Tornado. Casualty, Burglary, Rents. Piate Glass, sation and Automobile Insurance. Writes Surety Bonds. FOREIGX DEPARTMENT Stenmship tìckets over thè Principal lines. Travelers' Cheques, IwCj ters of Credit, Bill of Exchange, Cable Transfer*. Money to all accessible parts of thè world. Marine Insurance. jjfl Officers ÌE ARTHUR V. BROWN PresidenH FRED C. DICKSON Vice-Presldenß HOWARD M FOLTZ Vice-President JOHN E. REED Vice-President HARRY F. McNUTT Treasurer ALFRED F. GAUDING Secretary CORNELIUS O AI,IG Assistant Treasurer ALAN A. RITCHIE Assistant Secretary GEORGE A. BUSKIRK Probate Offici CHAS. T. BLIZ7.AKD Auditor MERLIN M. IH'NBAU Inheritance and In co me Tax Officer RICHARD A. KURTZ Manager Foreign Department HARRY 1,. CTSHWA Manager Insurance Department HARRY L. MOTT Manager Reai Estate Department FRANK L. THOM\S Manager Rental Depnrtment JAMES C. GOODLET Manager Kentucky Ave. Braneh MURRAY HI'SE Assistant Manager Kentucky Ave. Braneh Dìrectors A. A BARNES EDGAR H. EVANS President I doli Works President \cue-Evans Co. ARTHUR V. BROWN ALEX R HOLLIDAY President Secretar? and Treasurer Nati. H. 1 RoWNELL t'onal Concrete Co. P-Tsldcnt F'tixens National HENRY H Hr.RXBROOK Bank, Pen\ Ind. Artornev at I.axv E. H RARHAi H LOUIS r HT ESMANN President ?nt"r-State Cnr <'o. Fr-'blent G-'-tral Supply Co. THOMAS C. DAY WILL G IRWIN of T C. Day & Co., Mortgage president Irwin's Bank, ColumI.oans bu. ind. FRED C OTCKSON JOSMH K L*LLV, Jr, Vl ,, e-Pres!d‘Ut Eli Lilly 4- Co BERKLEY W DUCK KDW 'RI L. M-KEE P esldent T* Spann Co. Treasurer MeKee Realty Co. G. A EFROYMSOX CHARLES C. PERRY P-esideot H 1. Wasson & Co. Pre*id-nt Indianapolis Llffht and HENRY FATUI. Hcn* Po. Vice-President Indiana National SAMUEI E R \UH Bank President Belt Railroad and I C Et STON Stock Tard fn. j>- .>u Fitnn National Ilauk. FRANK D. STAT.XAKER Cruwfordsvi le. Ind. President Indiana National Batik--120 FAST MARKET STREET

DEC. 3(1