Indianapolis Times, Volume 35, Number 48, Indianapolis, Marion County, 6 July 1923 — Page 15

FRIDAY, JULY 6, 1923

COAL OPERATORS , FACE ULTIMATUM IN Ml PARLE! Anthracite Workers Make Eleven Demands —Strike Hinges on Result, By United Prets ATLANTIC CITT. N. J., July 6. Anthracite miners today laid down an ultimatum to the coal optrators. With eleven demands —including call for 20 per cent raise—representatives for the United Mine Workers went Into joint conference with operators, the outcome of which will determine whether there will be another strike. Miners demana their specifications be embodied in ihe new working agreement to go into effect Sept. 1. Specifications include: Complete recognition of United Mine workers, 20 per cent wage increase, better working conditions for sKilled mechanics on wage basis of 90 cents an hour, eight-hour day, 2,240 pounds as standard ton, tools supplied free, minimum rate of 20 cents an inch for refuse and 30 cents for top and bottom blasting, requiring the umpire on grievances to report within thirty days. John L. lewis, president of the national organization, attempted to have Khe conference opened to the press, r but it was believed operators might object. While the situation is tense, there seems to be optimism on both sides over the outcome. Clean Up After washing the dishes, don’t neglect to wash the dishtowels and dishcloth and wash and dry the dish- j pans and wipe the sink dry.

A Condensed Statement of the First Day’s Business July 2nd — RESOURCES — Loans and Discounts $5,394,701.69 U. S. Bonds. 1,194,642.82 Bonds, Securities, Etc 609,850.27 Furniture and Fixtures 17,661.50 Other Real Estate 33,752.93 Due from U. S. Treasury 65,000.00 Customers’ Liability Account of Acceptances 49,383.55 Cash and Due from Banks 1,815,389.91 i Total $9,180282.67 r — LIABILITIES — Capital Stock Paid In $1,000,000.00 Undivided Profits 85,086.80 Reserve for Interest, Taxes and Losses 25,406.90 Circulation 979,200.00 Notes and Bills Rediscounted 237,000.00 Bills Payable 200,000.00 Acceptances Executed for Customers 313,218.86 Deposits $6,340,740.11 Total. $9,180,382.67 \ Commercial Banking Letters of Credit Savings Foreign Exchange Protected Checks < Travelers’ Checks Safety Deposit Boxes 0 \ DIRECTORS ' DIRECTORS JAMES P. GOODRICH EMIL MANTEL President Merchant JOHN R. WELCH FRANK REMY Beal Estate, Celtic Savings and Loan Assa. President Hercules Manufacturing. F. RICHARD SCHAAF * President First National Bank of Gary BRANDT C. DOWNEY President Bankers Trust Company of Gary Vice-President O. D. HASKETT JAMES L. GAVIN President O. D. Haskett Lumber Company President Northwestern State Bank i -r MnncuiM President Central State Bank r> . n ► w President Marion Building and Investment President Patoka Coal Company Comnanv President Le Xoir Coal Company FRED I WILLIS ,SAAC PINKUB , .V W,U H S . _ General Agent Northwestern Mutual Life Vice-Pres. Central Rubber and Supply Company Insurance Company FRANK M. MILLIKAN R. C . SHANEBERGER President Progress Laundry L. BURNSIDE SMITH ALBERT G. FEENEY Vice-Pres. Indianapolis Fancy Grocery Company President Feeney Furniture and Stove Company ' - / . / 108-112-AVASHINGTON STREET—FACT NATIONAL CITY BANK BUILDING INDIANAPOLIS MEMBER FEDERAL RESERVE SYSTEM

COMPLAINT BRINGS CLEWS Barber Arrested When Stolen Tools Are Found at His Home. K. Cloyse, 33, of 634 N. Capitol Ave., will face city court on a charge of petit larceny. Cloyse, a barber at the shop of Lee Dynes, Spencer Hotel, told Detectives Dugan and Reynolds that the thief who entered the shop and stole S2O from the register Wednesday night also stole his tools. Detectives say a visit to his home resulted In the tcxjls being found there, and later Cloyse admitted taking the money, they said. TERMINAL MOVE DELAYED AGAIN Traction Freight Station Backers to Meet Saturday, Robert I. Todd, president of the Terre Haute, Indianapolis & Eastern Traction Company, announced today that another meeting of the officers of the Terminal Realty Company will be held Saturday morning, at which time new drafts for the sale of se- > curities of the proposed new traction ; freight terminal will be presented. It is expected that contracts will be made for underwriting a preferred stqck issue of $900,000 with local banks or financing companies. The terminal will be at Kentucky and i Oliver Aves. Those who will attend the meeting Thursday: Todd, Charles L. Henry, president of the Indianapolis & CinI cinnati Traction Company; Arthur W. Brady, president of the Union Traction Company: Harry Reid, president | of the Interstate Public Service Company; James P. Goodrich, Pierre Goodrich. H. H. Hornbrook and Gavin L. ! Payne.

We offer the unsold portion of this issue, subject to sale and change in price: $100,000.00 Fletcher American Company 6% First Mortgage Real Estate Certificates, Series “D” 4 '' \ " < Dated July 2, 1923. Due July 2, 1928. Denominations SIOO, SSOO and SI,OOO Semi-annual interest coupons payable January 2nd and July 2nd at the Fletcher American Company, Indianapolis. The Fletcher American National Bank, Trustee. PRICE—Par and Interest, Yielding 6% Plan of Issue This issue is secured by an equal amount of first mortgages on Indianapolis residence and business property, deposited with the Fletcher American National Bank, as trustee. Each certificate has fits proportionate interest in the mortgages, so that the of the certificates actually own the mortgages, which have been carefully made at not to exceed onehalf of the appraised value of the property. Fletcher American ( 7M \ Company !>( jd second Floor Fletcher American Bank Bldg., yy Indianapolis. Chicago Detroit Louisville South Bend CPy Private Telegraph Wire to Principal Financial Market*. Licensed Dealer, Indiana Securities Commission Certificate No. 2. Private Wire to Principal Financial Markets.

THE INDIANAPOLIS TIMES

The Fletcher American National Bank OF INDIANAPOLIS Statement of Condition June 30, 1923 * Resources Liabilities Loans, Discounts and Accept- Capital $3,000,000.00 ances ". $15,642,968.02 Surplus and Profits 377,280.48 Bonds, Securities, etc 6,135,742.88 Reserves 49,712.31 Banking House, Vaults and Circulation 2,628,100.00 Fixtures 1,750,000.00 Deposits 22,649,173.14 Cash and D ue from Banks, U. S. Bond Account 739,400.00 "SK ters of Credit, etc 484,006.10 Unearned Discount 78,817.87 $30,993,439.97 $30,993,439.97 i Officers Thomas Taggart, Chairman of the. Board r Elmer W. Stout, President George C. Forrev Jr First Vice President Adolph G. Wocher .'Assistant Cashier Theodore Stempfel Vice Pres, and Trust Officer Frank F. Wocher Assistant Caphier Gustav H. Mueller Vice President Clarence 0. Robinson Assistant Cashier Walter F. C. Golt Vice President Harold E. Sutherlin Assistant Cashier Robert H. Tyndall Vice President Harry J. Karch Manager Foreign Dept. Ralph K. Smith Vice Pres, and Cashier Henry L. Hilkene * Auditor Directors James A. Allison Geo. C. Foj-rey Jr. W. F. Piel Theo. Stempfel Hervey Bates Jr. Fred Hoke Leo M. Rappaport Elmer W. Stout Tipton S. Blish Robert Lieber Albert M. Rosenthal Thomas Taggart James I. Dissette Wm. J. Mooney Gustav A. Scbnull Lucius M. Wainwright Crawford Fairbank* G. Barret Moxley Ralph K. Smith O. P. Welborn G. H. Mueller Charles B. Sommers

/yp°°d^\\ FLETCHER AMERICAN COMPANY Resources Liabilities U. S., Municipal Bonds, Mort- Capital Stock ... $750,000.00 sagef age Loans and Corporation common ecurities $3,057,817.90 Capital Stock. .. 1,000,000.00—51,750,000.00 Accounts and Bills Receivable. 761,556.01 Undivided-Profits 223,614.89 Vaults and Fixtures 15,732.04 Reserve for Taxes and DiviCash and Due from Banks 203,823.62 dends 34,458.26 Interest and Dividends Accrued 29,087.59 gjp s Payable 1,111,650.00 Other Liabilities . .......... 948,394.01 $4,068,017.16 x $4,068,017.16 Officers George C. Forrev Jr., President Elmer W. Stout First Vice President G. B. Clippinger Secretary Theo. Stempfel Vice President J. S. Shaughnessv Asst. Treasurer L. P. Robinson Treasurer E. M. Burnett ...Assi. Secretary Directors Hervey Bates Jr. Eli Lilly Leo M. Rappaport Theo. Stempfel Geo. C. Forrey Jr. Walter C. Marmon Charles S. Rauh Elmert W. Stout Alfred M. Glossbrenner Felix M. McWhirter L. P. Robinson Ale® L. Taggart Will H. Hays G. Barret Moxley A. M. Rosenthal Anton Vonnegut Louia C. Huesmann Gordon A. Murdock Charles B. Sommers Guy A. Wainwright 0. P. Welborn f ✓ Total Resources . x $35,061,457.13 Total Capital and Surplus •• • 5,050,000.00 The common capital stock of the Fletcher American Company is owned by the stockholders of the *\■’ 4 '►•*'J ■ - • - • i Fletcher American National Bank OF INDIANAPOLIS

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