Indianapolis Times, Volume 39, Number 93, Indianapolis, Marion County, 26 August 1927 — Page 3

AUG. 26, 1927

BLOWN COAL IS JASIS OF NEW HEATINGPLANT Indianapolis Firms Developing Device for Factory , and Home. Indianapolis skies would not be emoke befogged this winter if homes and factories were equipped with the device developed at the former Premier Motor plant, Twentieth and Olney Sts., by the Barrows Motor Truck Company, the Economy Burner Manufacturing Company and the Economy Fuel Corporation, In the opinion of Fred I. Barrows, general manager of the three concerns. At the same time a saving of 30 per cent fn fuel consumption would pe effected. —■ This can be accomplished, according to Barrows, by the application of a number of devices and principles generally known to those directly affiliated with the use of fuel for Industrial institutions. Uses Pulverized Coal The outstanding feature is the Use of pulverized coal. Ordinary Indiana coal gives as satisfactory reunite as more expensive grades, Barivs said. He pointed out that this el usually contains about 10 per scent of ash, but in its use irf lump form its efficiency is reduced to approximately 50 per cfcit. A large part of the heat value is lost through smoke, which, he pointed out, is merely unburned fuel.

At the Barrows plant lump coal is dumped from railroad cars directly Into a conveyor. First it passes through a stabilizer and drier, which removes water particles from the coal. This renders harmless the causes of spontaneous combustion, as gases do not form in stored coal without the presence of water. ' Leaving the drier the lump coal enters a large steel drum, containing steel balls. The rotation of this crushes the coal until it is as fine as talcum powder. The pulverized fuel is blown out of the drum through a tube at the top. Transported in Tanks This powder is either placed in trucks or sacks or stored. If it is to be used at another plant, it will be transported in large tank trucks, built by the Borrows truck firm, resembling oil trucks. Before entering a furnace the fuel goes into a hopper, with which is connected a cleaner for removing foreign particles that might be left in the powder. Air then drives the coal into the fire basin of the furnace at the rate of 100 feet a minute. story of the coal itself pracWpally ends in the fire box. Tnere w virtually no sipoke escaping througn the chimney and the amount of residue or ash is exceedingly small in comparison to the normal amount of ashes remaining after the burning of lump coal, Barrows said. To Invest 3150.000 The Barrows interests, with the completion of improvements now under waj', will have invested around $150,000 in their enterprise. It is proposed first to interest email industrial plants to adopt the method of burning pulverized coal to heat boiler then apartments and residence. This is the initial trial of the method in the United States, accowUng to Barrows. Th™ Economy Fuel Corporation proposes to prepare the pulverized coal; the burner plant to manufacture the appliaances for furnaces to use the powder, and the truck company to supply the special trucks for hauling the powder. The fuel concern will also provide the additional service of removing the ash and the upkeep of the equipment. An engineering department is main tained to Resign the apparatus for any size of furnaces to which the system is to be applied.

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John Raskob First to See Possibilities in Struggling Firm. Editor's Note- This is the last of five articles discussing the reported formation of a $4,000,000,000 corporation by combining United States Steel. General Motors and the du Pont Interests. BY Jy AN W. HILL Financial Editor, Iron Trade Review The General Motors Corporation the brilliant jewel of the du Pont industrial crown, has been under the virtual control of this famous family since 1920. The story of how this came about and hiw General Motors was transformed from a struggling concern to the outs' ending success of the age is one of t —most amazing chapters in the pages bf industrial history. Durant Started It The breach of life first was breathed inV General Motors by William C. Durant. He organized the concern back in 1908, blending together a pack of ifnancial troubles as well as consolidating properties. Within a space of two years he was forced to obtain a bank loan of $15,000,000. One of the conditions of the loan imposed by bankers was that control should be placed in a voting trust until Oct. 1, 1915. At Tffat time John J. Raskob, a Naw York boy who had started to work for the du Ponts as a stenographer, had worked his way up to a place as an official in the'du Pont corporatipn. Raskob's rise with his employers had been rapid and they appreciated his keen foresight. Pierre S. du Pont valued his judgment. When the young man came to him with a great vision of the possibilities of the automobile ndustry and particularly in the possibilities of the field for General Motors, he listened. - Asa result of young Raskob's investigation the du Ponts purchased a few shares of General Motors common stock. Du Ponts Held Control In 1915 the end of the voting trust period drew near. It was found that du Pont's holdings in General Motors, consisting of something slightly less than 3,000 shares, constituted the balance of power between the Durant interests and the bankers. The outcome of the situation was that the bankers and the Durant party each placed seven men on the directorate and du Pont was permitted to place three, making a board of seventeen. Kaskob was one of du Pont's appointees and Pierre S. du Pont himself was elected president. This was the entry into what has proved to be one of the most profitable investments ever made. In 1923 du Pont handed over the presidency to Alfred P. Sloan and took the position of chairman. Raskob Again The du Pont interest in the corporation at the start was only a small one. But during the war the parent du Pont corporation piled up huge profits which had to be put to work elsewhere. Again Raskob came forward for General Motors and got a ready ear. / The company was first organized 120 years ago by E. I. du Pont tu make gun powder, an art he had learned in F ance. From a / beginning the company has grown to its present immense size. Powder and explosives remained the chief product for many years. But chemical research added to the list of manufactures one by one, until now the company includes a multitude of divers products ranging from baby's teething rings to smokeless, powder and automobile paint. Family Works Together The present active head of the Wilmington (Del.) family of du Ponts and the man who first recognized the possibilities of General Motors is Pierre S., who is 57. Irene du Pont was president of the E. I. du Pont Nemours Cos., but more recently he has been passing many ofUiis burdens to other shoulders. f Lammont du Pont, the youngest brother, and regarded as tremendously able, is now president of the Nemours Company. But the family pulls in team work and all major

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problems are discussed around the ‘family circle. First $25,000,000 was invested and 4ater a similar amount. Then followed considerable financial trouble for General Motors. The result of this was the formation of a giant pool to take over a controlling interest, and the du Ponts invested another $25,000,000. This marked the fading from the General Motors picture of the spectacular and embittered figure of W. C. Durant. This last purchase gave the du Ponts virtual control of the organization through ownership of about 25 per cent of the stock. Based on current market quotations for the stock, they would have a market profit alone of about $646,000,000 on their investment if they were to tart it. In addition the dividends received on the stock have been more than the original purchase price. Has Huge Assets E. I. du Pone de Nemours & Company itself has a capitalization of $213,000,000 with gross assets of $346,000,000. Its working capital at the close of 1926 totaled more than $61,000,000. Its business is extremely widespread with plants located all over the country. At the present time the corporation employs about 25.000 men and has an annual payroll of about $44,000,000. The du Pont stock is fairly widely held, there being 17,073 stockholders. Aid Would-Be Suicide Bp Times Special BLOOMINGTON,'ind.. Aug. 26.—. MioS Ruth Barneii, who took poison in a suicide attempt because she thought her plans for taking training as a nurse were thwarted, is recovering here and friends are arranging matters so she can continue her school work.

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THE INDIANAPOLIS TIMES

FLOODS LEAVE 2,000 HOMELESS White and Arkansas Rivers Break Through Levees. Bp United Press MEMPHIS, Tenn., Aug. 26. More than 2,000 persons were quartered at Red Cross relief stations today after overflows from the White and Arkansas Rivers, inundating 300,000 acres, had driven them from their homes. Rains of the past two weeks sent the rivers through the levee gaps and crevasses caused by the Mississippi flood this spring. Many refugees had but recently returned to their homes. At pine bluff alone 1,000 persons were reported dependent upon the Red Cross. Reports indicated that if the waters were not swollen by further rains they would soon recede. COURTNEY CAN’T GET FLYING BOAT INTO AIR Seven Unsuccessful Attempts Are Made to Hop Off. if// United Press SOUTHAMPTON, England, Aug. 26.—Seven unsuccessful attempts to lift his flying boat Whale from the water to start his long-pending trans-Atlantic flight have convinced Capt. Frank T. Courtney that the failure is not due to overweight. He failed in three attempts last night to take off. DECREE TO MRS. WRIGHT Desertion Plea Wins Divorce From Widely Known Architect. Bp United Press MADISON. Wis., Aug. 26.—Mrs. Miriam Noel Wright was granted a divorce from Frank Lloyd Wright, internationally known architect, on the grounds of desertion, by Judge August C. Hoppmann in Circuit Court here today. The couple attracted national attention several years ago when they were discovered in a Sylvan love nest.” LADS SAW WAY OUT Three of Seven Washington Boys Still at Large. Bii United Press WASHINGTOf Aug. 26.—Three of seven boys who escaped from the house of detention here last night by sawing two bars of a bathroom window are still at large. Four were captured in an attempt to reenter the building to regain their clothes. They Marry Brunnettes Bp Times Special FT. WAYNE, Ind., Aug. 26.—Gentlemen may prefer blondes, but they marry brunnettes, according to a count at marriage license headquarters here for a week. Fifteen brunnettes became brides against only four blonds.

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MAY SAVE LEG OF BOY WHO TRIED TO HOP RIDE Operation Performed on William Stikeleather in Hospital. William Stikeleather, 11, of 1432 Everett St., was reported improved

at city hospital today after physicians had performed an operation for a compound fracture of his left leg in an effort to save the | leg from amputation. He was injured Thursday morning when a 200pound cake of ice jolted from an ice wagon on which he was stealing a ride, and hurled him to the street, crushing his left leg. The accident

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occurred at Market and Harding Sts. GLOBE GIRDLERS IN AIR Around-World Plane on Way to Newfoundland From Maine. Bp United Press HALIFAX, Nova Scotia, Aug. 26 A dispatch from Charlottetown, Prince Edward Island, today said the around-the-world monoplane, Pride of Detroit, flew over that place. It took off from Old Orchard, Me., this morning for Newfoundland. The aviators, William S. Brock and Edward F. Schee, hope to girdle the globe in fifteen days. JUDGE DEFENDS DRUNK Man Can Be Intoxicated If No One Is Injured. Bp United Press NEW YORK. Aug. 26.—A man has the- right to be drunk so long as his intoxication injures no one, in the opinion of Magistrate Brodsky of far Rockaway court. Brodsky dismissed a complaint against Carl Berglund, a carpenter, who had been arrested on charge of reckless driving. DRIVES AWAY PROWLER Negro Attempts to Enter N. Illinois Apartment. A prowler, believed a Negro, was frightened away from the Graystone Apartments, 239 N. Illinois St., late Thursday night. Miss Dee Higginbotham, Apt. 126, awakened by the sound of the screen raising, frightened him away by calling. Hundreds of sacks of rice have been scattered by airplanes over manshes in Manitoba to provide forage por ducks and muskrats.

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CHINESE ARMY WRECKS, TRAIN Twenty Killed Near Nanking; City Bombarded. B/, United Press SHANGHAI, Aug. 26.—Twenty persons were reported killed today in the wreck of a train on the Shanghai-Nanking Railway. The track had been removed at Anting by one of the warring factions. It was presumed that an effort had been made to wreck the train of Gen. Bei Chung-Hi, but another train was the one to suffer. The capture of Nanking by northern troops was believed to be near today. Northern artillery was bombarding Nanking from positions across the Yangtze River at Pukow. British military reports said the northerns had crossed the river above Nanking today. WOULD DISBAR LAWYER Probe Judge Moves Against Prosecutor in Michigan. Bp United Press MONROE. Mich., Aug. 26.—Disbarment of William F. Haas, for six years prosecuting attorney of Monroe County, has been asked of the State by Circuit Court Judge George W. Sample of Ann Arbor, investigating crime conditions here. Haas, according to Judge Sample accepted SSOO, to “fix” the Monroe sheriff and his deputies following the arrest cf an alleged bootlegger. Seek II unken Truck Driver Police watched the National Road leading in from Richmond, Ind., today, waiting to arrest the occupants of two trucks that wrecked a pleasure car near that city. The truck drivers were intoxicated, according to the auto driver.

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FIND MINOR CLEWS IN CITY BANK ROBBERY New Lights Strengthen Theory Looters Were Local Youths. Detectives have uncovered minor clews that may solve the robbery of the Forty-Second Street State Bank robbery Tuesday when $13,514 was taken. Detectives found some personal property belonging to the four bandits when they re-checked evidence. To trace ownership of this property will be difficult, Simon said. Belief that the bandits were local youths is boosted by the fact that no auto resembling the small euto used by the bandits has been found deserted. It was believed the band:.ts would change to a larger auto make their get-away. Probably they rode to cover at some garage near the scene of the hold-up. MANAGER LEAGUE READY Membership Drive Will Be Launched On Sept. 5 Following the Sept. 5 meeting of its executive committee the Indianapolis City Manager League will begin immediately an intensive membership drive, Claude H. Anderson, executive secretary, announced today. Campaign material and membership cards have been prepared, the league hoping to gain 125,000 members. John W. Esterline is chairman of the membership committee, whicn plans to close its drive Sept. 15. NON-UNION MEN OUSTED Brick Layers’ Organization Forces Workers to Leave. Bp United Press NEW LEXINGTON, Ohio, Aug. 26.—-One hundred men, said to be members of the clay and brick workers union, marched on the Ohio White Brick Company early today forcing non-union men to quit work.

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JUNIOR ORDER OF MECHANICS MEETING HERE Annual Indiana -Convention Will Adjourn After Election Today. With the conferring of degrees to new members of the Junior Order of United American Mechanics, the thirty-sixth annual convention of the Indiana council of the organization will close tonight at the Denison. Additional delegates brought the attendance total at the two-day session to 300, R. S. Cox, chairman of the State manager beneficiary degree, announced. The convention also was attended by 250 members of the Daughters of America. Closed Sessions Today’s sessions consisted of closed business meetings in the morning and afternoon. At this time, officers for 1928 were elected. Nominees, chosen Thursday afternoon, were Frank Genung, councilor; Charles Kelley, Cliff Nocks and Frank Schuh, for vice councilor; Joseph McCracken, Joe Hiser and David Patterson, for State warden, Frank Anderson and Nick Chapmar. for State conductor; M. L. McFarland, Andrew Baxley and Carl Messersmith for inside sentinel; E. Clore, Earl Semittle and George U. Briner for outside sentinel, and the Rev. H. C. Hadley for chaplain. Give First Degree The first degree in the order will be given new members tonight by the Winchester degree team of Council 51, and the second section by members of the Eighth district and the third by the team of Richmond Council No. 18.