Indianapolis Times, Volume 35, Number 275, Indianapolis, Marion County, 30 March 1924 — Page 7

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SHARP BREAKS IN STOCKS FEAT® WEEK’S BUSINESS No Depression in Sight, However, Says Prof. Lewis Haney. By DR. LEWIS IL HAXET Director of the Bureau of Business Research, New York University. NEW YORK. March 31.—One of the outstanding developments of the past week has been the sharp drop in the price of certain securities on the New Tork Stock Exchange. These securities were chiefly thi high-priced industrials, that is the .-.locks of certain manufacturing concerns which have been selling at figures far greater than present dividends warrant. They have represented an element of speculative inflation which has been a danger both in stocks and in commodities such as wheat and cotton. Severe Losses Noted American Can Company stock at 103 was down 1S points from the j year’s high level. Corn Products re-; fining company common stock at 169 had fallen 18 points. The same may t?e said of National Lead, United S ates Steel comrno nhas fallen 10 points in a month. Baldwin Locomotive and General Electric also showed big drops. These stocks have been paying only from 6 to 9 per cent on par. counting extra dividends, but have been selling at prices ranging from 109 to 230 : They have been selling on the basis of ' things hoped for. Their decline shows that the bubbles of hope have been punctured. Commodities Drop Since last November raw cotton has fallen from over 37 cents a pound to

INDIGESTION!! 1 ' UPSET STOMACH, GAS JUS, GAS Chew a few Pleasant Tablets, Instant Stomach Relief! Instant relief from sourness, gases or acidity of stomach; from Indigestion, flatulence, palpitation, headache or any stomach distress. The moment j-ou chew a few “Pape’s Diapepsin” tablets your stomach feels fine. Correct your digestion for a few cents. Pleasant! Harmless! Any drug store. —Advertisement. Miller’s Antiseptic Oil, Known as Snake Oil Has Brought Relief to Thousands of Sufferers. And what It has done for others. It will do for you. Don’t continue to suffer with rheumatism, neuralgia, stiff and scro muscles, cold In tns chest, croup, coughs and kindred aches and pains. Ask your druggist for a bottle of Miller’s Antlseptlo Oil (known ss Snake Oil), use according to directions and know what it means to be freo of pain. This great ol! Is te.ld to bs the most powerful penetrating relieving remedy oa tbs market. Refuse imitations, nothing —_ .. riaaa enuc Cos. —Advertisement. GIVEN UP TO DIE OF STOMACH TROUBLE But Mr. Baker is well now. Feels like he did at sixteen. “One year ago i n September I was taken down; couldn’t eat, sleep or work. Nobody seemed to know exactly’ what was the matter. Anyway, I was given up to die. “A friend persuaded me to try Milks Emulsion. In 2 or 3 weeks, the soreness went out of my chest, the pains vanished from between my shoulders, and I began to eat and sleep and work. Also the miserable lonesome feeling began to tear loose and that heavy weight In the left side of my stomach, that hung like a huge iron ball, disappeared. “By the time I had taken 21 bottles. I could eat anything, sleep like an Infant, and the old time vim came back. I felt like I did when I was 19.” —Lyman Baker, Star Route. Berryvllle. Ark Get the stomach and bowels working right, and most aliments start to leave. Milks Emulsion restores healthy, natural bowel action; it Is rtrujy corrective medicine, doing away with all need of pills and physics. It promotes appetite and quickly puts the digestive organs In shape ’to assimilate food, and thus build flesh and strength. Milks Emulsion Is strongly recom mended to those whom sickness has weakened; It Is a powerful aid In resisting and repairing the effects of wasting diseases. Chronic stomach trouble and constipation are promptly irelleved. I This Is the only solid emulsion made, land so palatable that It Is eaten with ■>. spoon like Ice cream. ■ No matter how severe your case, ■ou are urged to try Milks Emulsion Bnder this guarantee—Take six bo'tHes home with you. use It according ■ directions and If not satisfied with ra- results, your money will be refunded. Price 60c and *v|2o per bottle. The Milks Emulsion ■L Terre Haute. Tnd. Sold by drugHj everywhere.—Advertisement.

L y J HAT EVER else you do, don’t jYV | t> e guilty of drowning your garden. Many beginners make the mistake of watering their crops too much. This practice is probably founded on the fallacy that the more moisture plants are given the better they will grow. Too much water Is worse than too little. Rather than sprinkle constantly during seasons of drought, try shallow cultivation with a steel rake around the plants Instead. This is what horticulturists call but little over 26 cents, and the trade is waiting for the bottom. Wheat and flour show a similar situation. Within a few weeks cash wheat has fallen eight cents a bushel and the May wheat future is back nearly to the $1 a bushel level. Other Instances might be given. The point is that we must now admit that hopes of an early spring rise were too high, and values were marked up too much. The advance in commodity prices which began last August has not carried through. While It Is well to recognize this change In the aspect of things, we must not swing too far In the direction of pessmism. Most emphatically no crisis or severe depression is In sight. This may be stated confidently and for several reasons. (1) There Is no credit strain and money is far from tight. (2) Purchasing power is high and retail sales are large and growing. As long as these conditions prevail nothing worse than a moderate correction or readjustment in the rate of production and in speculative values. Is to be expected.

ATTORNEYS MOVE INTO NEW OFFICES Meyer-Kiser Bank Building Nears Completion, With the new Meyer-Kiser Bank Bldg, almost completed many attorneys are moving Into office rooms on the upper floors. The firm of Noel, Hickam & Boyd. Including James W. Noel, chl tt f counsel for Governor McCray. will occupy No. 1021. Rochforl. Wall & Rochford, another long established firm has moved into 817. Both firms have been located for many years in the Lemcke Bldg. Others who have moved from the Lemcke " ulg. are Richard Mills, S. C. Bodner and Henry Winkler. Bamberger & Felbleman, who have been in the Occidental Bldg., will occupy 901 In the Meyer-Kiser. The firm of Little & Little has moved from the Odd Fellow Bldg to Nos. 810-811. Other attorneys to locate In the new quarters are John F. Engelke, prosecutor In Juvenile Court; Charles T. Kaelln, Harry E. Raitano and Charles S. Wlltsie, who declined to be judge In the McCray trial.

Hoosier Briefs Boys and girls clubs of the State j will hold their sixth annual round-up ■ at Purdue University May 6-0. Officials are making: plans to entertain 1.500. The Roekport Sanitary Pottery Company, capitalized at SIOO,OOO lias \ been incorporated. William Hewig is president. Construction xvork or. the new SIOO,OOO Clara Fairbanks Homo for Dependent Women at Terre Haute is under way. The sito and building are the gift of Crawford Fairbanks. Democrats of White County will gather at Mcnticello April 17 for an all day rally Albert Stump. Indianapolis attorney and Henry Barnhart, Rochester, will speak. Helen Tetrick, 19, alias Vera Smith, now under arrest at Cincinnati, Ohio, charged with being the leader of a youthful band of filling station bandits was born In Bartholomew County, authorities say. An 11-year-old Muneie lari was arrested for theft, being charged with stealing vanity cases from a drug store. Police say the lad declared he etole them to please girl friends. When W. O. Parr, Munde, suing his wife for d'vorce, was unable to provide corroboration of his testimony, his wife declared anything he said would be a’l right with her. The divorce was granted and the couple shook hands before they left the courtroom. Since the $950,000 fire at Bloomington recently in which two business blocks were destroyed, a half million dollars In fire insurance hr_s been sold, the agencies say. Mrs. Delilah Knight. Walton, has received a letter her son, Emmett Knight, whom she believed killed In France. He is stationed with the United States Army in Texas. Xine Washington boys with a craving for bananas smashed a store window and got. away with forty pound-: of the fruit, police say. While more than 270 couples were married In Monroe County during the past year, forty were given divorces, according to Judge Rundell of Circuit Court. _ tsasw*.

dry soil mulch. It prevents the escape of moisture in the ground. Sprinkle Sprinkling, during spring and fall, should be done in the morning that the foliage may he dry before the cold of night comes. Summer watering should be done in the evening that the moisture may not be evaporated by the sun. It is only necessary to moisten the soil. Don't soak it. Also, remember that wet foliage on bright days is subject to sun scald. Bear In mind that moisture poured into the soli feeds upward to the plant roots like a wick In an oil lamp. Just because the top surface is

"Photos That Talk” Phone LI 1250: Re# IR. 3805. 600 Century Bldg.

The Times Pink for Late Sport News

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Electric Light and Power SERVICE MERCHANTS Heat and Light Company The Daylight Corner

SI,OOO ACCIDENT POLICY That protects yon while riding on any common carrier or other vehicle or while walking on the street if yon are struck by any moving vehicle. Just open a savings account and pav a year’s premium of sl. FIDELITY TRUST COMPANY J 6

EVERYWHERE Is just a minute or two away—even though yon may not have the time, nor the inclination to travel, you can always make a personal call by telephone—without leaving your office. Your party is “only a minute or two away,’* by telephone. ✓ ® INDIANA BELL TELEPHONE CO. PHIL M. WATSON, Div. Com. Mgr.

PUBLIC OPINION The Indianapolis Street Car Cos., invites public consideration of its case for increased revenue. A fair protit on investment such as enjoyed by every other business and enough reserve to make the necessary improvements and extensions to keep abreast with the rapid growth of Indianapolis.

Quality Printing—Legitimate Prices Hendren Printing Company (Incorporated^ 465 Century Bldg. Phone, Main 0466

I Clean Windows make* the home more I attractive 1 I does (he work in Ires time. Sold hr Ie- > partment. Grocer. r>ru|C and Hardware I stores. GKM POLISH MFO. CO. I

(0 * 6\ Run dawn this week-end ? RUN DOWN TO French Lick Springs Hotel Bilim WATER m America's Thysic to Justashrrtridefrmfntonspdu-CoincbiukoncvFknon Qj

Removal Sale Prices in All Departments Discontinuing Bicycle Department Bargains in Accessories The Gus Habich Cos. 142 E. Washington St.

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dry is no sign that the plants aren’t getting plenty of moisture from beneath. Open Fui-rows Perhaps the best manner of applying water to crops Is to open slight furrows alongside the rows of plants and allow water to gently flow through these miniature ditches. Frequent light sprinkling Is dangerous. It is best to thoroughly soak the garden about once every week, providing there has been no rain in the meanwhile. Seeds planted during a period of drought should be sown in slight furrows which have previously been filled with water. Permit the water to settle and soak into the soil. Then put your seeds In and cover the trench with dry earth. It is a good practice to visit your garden during the early morning, while the dew Is still present on the plants. Such inspection will reveal what has happened during the night and prepare you to combat any insect invasion. Don’t attempt a garden of such size that its care will become a burden. A small plot Intensely cultivated is far better than one half cared for. Stir With Rake Plants will be stimulated into growth much faster If the surfac-s soil frequently Is stirred with a rake. Stirring not only eliminates weeds, but likewise admits air—a

STORAGE BATTERIES $7.00 UP Don't have yoor old buttery repaired; aee me first. Sheridan Buttery Service Cos., Illinois at Fifteenth, “Bill Sheridan himself."

Ask for Browder’s Ice Cream Everybody Says It’s Good We give speoial attention to party orders. Browder Ice Cream Cos. 918 North Senate CI rcl* 1854 Cl reW 2X58

Meetings Here Tuesday

American War Mothers. Meeting. Spink-Arms. Indianapolis Rental Board. SpinkArms. Ladies' Whist Club. Hotel Severin. Paint, Oil and Varnish Club. Luncheon. C. of O. American Chemical Society. Luncheon. C. of C. St. Mihiel Loer Post, American Legion. Luncheon.- C. of C. Indiana Purchasing Agents. Luncheon. Severin. American Legion, Post 84. Luncheon. Board of Trade. Gyro Club. Luncheon. Hotel Lincoln. Mercator Club. Luncheon. Spink-Arms. B. P. O. E„ No. 13. Lodge Meeting. Denison. University of Michigan Alumni. Luncheon. Lincoln. Rotary Club. Luncheon. Claypool. Students' Recital. Indiana College of Music & Fine Arts.

vital plant food absolutely necessary to healthy growth. Succession and companion cropping methods should be employed in the cultivation of all crops whenever possible. By succession cropping is meant

WEEKLY Business and Industrial NEWS

NEW COMBINATION LETTERHEAD FINDS INCREASED FAVOR Direct-by-Mall Printing Being Introduced by Local Concern, A letterhead and a direct by mall advertising piece, all In one. Is a re cent development of the printing husl ness. The double value mailing piece is called the Dual-Use letterhead, the product of the Dual-Use Company of Knoxville, Tenn. The first Indianapolis printer licensed by tbs company to print this patented style of combined letterhead and advertising message was the Whitaker Press, 605 Print Craft Bldg., 225 N. New Jersey St. System Is Popular According to Edwin S Whitaker, sec rotary-treasurer of the Whitaker Press, the Dual-Use letterhead has found favor In the eyes of many Indianapolis firms that have discovered the advantages offered by this one piece combined advertisement and personal letter. Tho Dual-Use letterhead Is made with a fojded flap at one corner that does not become detached from the original letter unless it Is desired to have it detachable. In which case the fold Is perforated so the flap can be torn off When folded the whole piece Is of standard letterhead size. In this form it can be placed In a letter file, and kept with the original letter. Thus what would ordinarily be a loose enclosure, goes to the recipient of the letter attached to the letter In such manner that It Is Impossible to misplace it In the nie. Valuable System This Is particularly valuable In at tachlng price lists or any information to a letter, the receiver of which would desire to keep the Information carried on the attached enclosure. The Dual-Use letterhead can be utilized for almost any kind of dlrect-by-mall advertising message. If It Is of light paper stock a booklet can be stitched Into the folded part of the letter and become a permanent part of that letter.

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HOLLIDAY OPENS NEW AUTO BRANCH Store Established to Serve Automobile Trade, A service which the automotive trade of Indianapolis, particularly that part of it located along Capitol Ave. and nearby north aide streets appro-

XJ.W.F BAUCH/ Xiettfr/ I Vo/ Indianapolis * y -rtRSONUi uru\- . cipcuiao irTrees'^* 1

MAILING OPERATIONS ADDRESSOGRAPH MIMEOGRAPH MLI.T I GRAPH

H. H. WOODSMALL & CO., INC. GENERAL INSURANCE—SURETY BONDS “We Insure Everything but the Hereafter.** FIDELITY TRUST BUILDING

W. J. HOLLIDAY & CO. Established JB6 IRON—STEEL—SUPPLIES Distributers of Moore Transmissions, Dltwller Bt*l Dump Bodies foe Fords, and the leading lines of replacement parte for oil oars. Branch Store, 426 N. Capitol Ave.

the growing of the same vegetable throughout a long season. Lettuce, for example, may be sown very early. But if you sow all your seed at once, all your lettuce will mature at about the same time and you won’t be able to eat It all. To prevent such waste, mark off the space you intend allotting the various crops, and sow hut a small portion of the seed at once. Follow the first sowing a week or so later with another one. In this way you will get a succession of crops continuing to the close of the gardening season. This plan applies especially to radishes, onion (sets, not seed), peas, beans, kohlrabi, spinach and sweet corn. NEXT: GARDEN FLOWERS.

Today’s Best Radio Features

(Copyright, 1924; by United Press) WEAF, New York (492 M), 7:10 p. rn. (EST) —Fannie Brice, Follies star. WOR, Newark (405 M), 10 p. m. (EST) —Con Conrad, pianist and composer of popular musio. WWJ, Detroit (517 M), 3 p. m. (EST) —Concert of the Detroit Symphony Orchestra. WSB. Atlanta (429 M), 9 p. m. (CST) —Details of the Y'oung StriblingMike McTigue bout for light heavy-

ciates, has been instituted by W. J. Holliday Sr Cos., wholesale distributors of Iron and steel. The company has opened a wholesale branch store at 420 N. Capitol Am, easily accessible for the major portion of the city's automotive dealers. The new store Is maneged by E. J. Holliday, end it Is operated as a convenience for the automobile dealers and the re:ailers of accessory lines. The fact that automobile row appreciates this new service is evidenced by the mounting Increases In the sales made by the Holliday branch each sue cesslve month. W. J. Holliday A Cos. Is an old established institution In the business life of Indianapolis. The company war formed In 1858, and It has kept abreast of the development of Indianapolis (and the tributary territory of this city over a period of nearly seventy years. 1 WILSON BASEBALL ADOPTEDLOCALLY Smith, Hassler & Sturm Authorized Agent for 'Pill,’ Official announcement baa been made that the American Association, the Pacific Coast League and the Eastern league have adopted for use during the coming baseball season the Wilson Aero Center balL In Indianapolis the sporting goods firm of Smith. Hassler & Sturm, 219-221 Massachusetts Are., Is the authorised agent for this baseball. The Wilson Aero Center baseball was extremely popular with amateur leagues in Indianapolis last year, and since its official adopting by three pro feaslonal leagues. It Is expected by Smith, Hassler & Sturm that Its pop- I ularity on the diamonds where local j amateurs will combat, will be consld- j embly Increased during the coming j season. That there has been no decrease In j Interest in amateur baseball In Indianapolis over Cie winter just ending is evidenced by the fact that the early orders for baseball uniforms received by Smith, Hassler & Sturm have outnumbered those for any previous baseball year. Smith, Hassler & Bturm originated In this city the Idea of a complete gosling outfit. Including a bag, four j clubs —driver, mid Iron, mashle and i putter—and two good golf balls, for j $12.50. The firm had a large sale on j tills combination from the very start, j and Is still filling orders for this com- j plete outfit on a large scale. The golf equipment offered by Smith, Hassler A Sturm includes such well known makes as Wilson, Burke, MacGregor and Klin. During the winter the Arm has had the services of “Dutch" Hueber, a golf pro who can teach as well as play good golf. © Patterson Engraving Cos. POP MBP LV INP'ANA E(JCTBQ7V>B OO 93 Wesf C Marifland Street Indianapolis. Ind.

“The World Moveß, So Does Nlman” Phones: I) re* el 1155 and 1745 'Night Palls, Trv. *ll4, Wash. 0144 NIMAN TRANSFER & STORAGE CO. Expert Riegers Erectors of Storks, Boilers and Heavy Machinery, Safe and Machinery Moving. Overland Hauling. Motor Trucks 224-2*B W. M’CARTY ST. M. T. Nlman. Mgr. Indianapolis

i2oy 2 N. Penn. St. Phone Main 2641

weight championship from Newark, N. J. WOO, Philadelphia (509 ~M), 8:30 p.

\z7/vjl \ Child’s tongue shows V y \\ \ if bilious, constipated

GIVE "CALIFORNIAJIG SYRUP” Dependable Laxative for Sick Baby or Child Harmless!

Hurry Mother! Even a fretful, peevish child loves the pleasant taste of “California Fig Syrup” and It never falls to open the bowels. A teaspoonful today may prevent a sick child tomorrow.

America’* Finest Electric uxe Buffet-Parlor Car Service —BETWEEN— Indianapolis and Louisville, Ky. Leaves Indianapolis 11 A. M. and 6 P. M. Arrives Louisville 2:45 P. M. and 8:45 P. M. Seat Reservations, Terminal Station Main 4500 INTERSTATE “The Electric Way ” Seven All-Steel Dixie Fliers Daily C. B. MOWERY Supt Dining Car Service.

Phone, MA In 3067 THE WHITAKER PRESS Ino. “Printing Done Right” Fifth Floor Print Craft Building, 223-26 North New Jersey Btreet

It, W. X.. Ynrk M.

O T r C, n ~ oervice jtoraqeUo Light and Heavy Hauling MAIN 4400 L ’ j

Automobile Glass Replaced While You Walt Building Glass of All Kinds Indianapolis Glass Cos. 1002 Kentucky Ave. Clr. 7727.

WASTE PAPER We B “y *“* Main 6084 American Paper Stock Company Incorporated

tB. Boaz, Jr. SIGNS MAin 2463 Vgr/ 13 PEMBROKE ARCADE

Smith-Hassler-Sturm Cos. 219-221 Mass. Ave. ’’A Real Sporting Goods Store’’

MARION COUNTY STATE BANK 1M East Market Street Home of the Christmas Savings Club.

m. (EST) —Schnecker's “The Story of the Cross,” by the St. Nathanial choir.

Ask your druggist for genuine “California Fig Syrup” which has directions for babies and children of all ages printed on bottle. Mother! You must say “California” or you may get an Imitation fig Syrup.—Advertisement.

Foster and Messick Telephone, MA in 6100 FLETCHER TRUST BUILDING Surety Bonds and Casualty Insurance

The Times Pink for Late Sport News

TOURS STEAMSHIP TICKETS LETTERS OF CREDIT FOREIGN EXCHANGE TOURS TRAVELERS’ CHECKS Richard A. Kurtz, Manager, Foreign DeL The Union Trust Cos 120 East Market Street MA In 1576, 2863

Anywhere Without a Spare Lambert Trublpruf Tlrea Main 371S

LEE B. SMITH 704 Fletcher Trust Massachusetts Mutual Life Insurance Cos. Educational and Income Policies

w Mam 4375 111 Kentucky Ave.

If IPs for Your Office, We Have It HILLER Office Supply Cos. 28 S. Penna. St. Just Phone Circle 0611

We will build you a home of 4 or 6 rooms, furnish the money and you can pay like rent. FLOYD PETERMAN 609 Mass. Ave. MAIn 7029 WEbster 4327

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