Indianapolis Times, Volume 40, Number 268, Indianapolis, Marion County, 29 March 1929 — Page 13
WAffCR 29, IW.
SENATE PROBE OF WILD STOCK TRADING ASKED King of Utah to Introduce Resolution at Special Session. BY PAUL R. MALLORY. Vnitfd Staff Correspondent WASHINGTON, March 25.-A | ensational investigation of the sen|,ational price pirouetting on the Exchange was demanded toby Senator William H. King of Ftah who announced he would in-vj-oduce a resolution at the coming Mjecial session of congress calling Apr such an inquiry. II King also will present a bill proposing to prevent federal reserve banks from lending arry money lor marginal transactions. He believes some steps should be taken to prevent such activities as have characterized trading on the exchange during the last few days. In this belief he is indorsed by an influential group oi senators, many of the mtormer bankers. "It is obvious credit facilities have been improperly used to influence the market, causing losses of millions of dollars to citizens," saiu King. "In an investigation four years ago we learned 80 per cent of the trading in the market was through marginal transactions. In other words 80 per cent was strictly gambling because the traders had no intention of purchasing stock outright for Investment purposes. A sharp $144,000,000 decline in loans to brokers by reserve system member banks for the week ending Thursday clearly reflected the recession in stock market activity. Compared with the record peak of $5,649,000,000 for the week previous, the big drop gave further evidence banks are co-operating in the federal reserve board's restrictive credit policy. MODEL HOUSE WINNERS TO BE PICKED TUESDAY Thirty Prizes Will Be Awarded by Judges. Winners of the miniature model house contest conducted ov the Indianapolis Real Estate Board in connection with its eighth annual home show will be selected Tuesday, it was announced today by Robert Allison, chairman of the contest committee. Judges are Edward D. Pierre, architect, chairman; Don O. Ruh, .landscape architect; William jjPorsyth, artist; William L. Bridges, president Indianapolis Home Buildjfers’ Association; William F. Hurd, jbity building commissioner, and Paul Richey, president of the Indianapolis Chamber of Commerce. Judges will select fifteen houses by high school and fifteen houses by grade school pupils and ward prizes .ranging from $35 to $2. Entries must |be brought In between 8 a. m. and 6 Ip. m. Saturday at the Manufacturers’ building at the state fairground.
wila3>® 5 VgjLy|aF ity I ntyles at ost prl<* if than l seldom found 4 JS tm 33 In all prio' rantr. In OjM __ .M. :::: cMami i cftee <S%OJ9 18-20 Fast Wushington Street I
See Europe in 1929 Do you know that you may see the incomparable sights of Europe for an amazingly reasonable amount of money? Perhaps less than you have spent on previous vacations. Nowhere else may so much of beauty and interest be seen as in Europe. Before you plan vour vacation n.ay we show you how really little such afirip cost* l Sailing lists for 1929 are now'available. Write phone or call for one. Richard A. Kurtz, Manager Travel Bureau The Leading Travel Bureau of Indianapolis SUNION TRUST* 120 East Market St. RI ley 5341
“RIO RITA” OPENS MONDAY AT MURAT Ziegfeld to Send the Same Cast of Principals That Is Just Closing a Successful Chicago Run.
F LORENZ ZIEGFELDS "Rio Rita,’ the original and only company, will be presented in the Murat next week, commencing Monday. For two seasons it ranked as New York’s musical comedy leader. After preliminary road production late in 1926, it dedicated the magnificent new Ziegfeld "heater on Feb. 2, 1927. There it played continuously, winter and summer, until the spacious stage was required for Mr. Ziegfeld’s recent New York presentment of "Show Boat.” Now “Rio Rita" is forced to take to the road, for a limited tour of the few big cities that can sustain so massive and costly a production. In the opinion of many who have seen all Ziegfeid’s recent successes, "Rio Rita stands as the most fascinating. It is of a period that is of international importance. Its story of the Rio Grande throbs with pic-
turesqueness and romance. It is American to the core. Its alluring melodies are sung, whistled and danced to across this continent and beyond the seas. The enduring vitality of "Rio Rita” speaks lor itself. Its original cast has been preserved. Among its interpreters are Ethclind Terry, J, Harold Murray, Bert Wheeler, Robert Woolsey, Vincent Serrano, Joyce White, Alfred James, Eunice Holmes, Marie Lambert, the Alberlona Rasch dancers, presenting the Moonlight and Black and White | ballet, and 100 Glorified American Girls. All the scenes are from the pen : of Joseph Urban, dances staged by ! Sammy Lee, music and lyrics by Harry Tierney and Joseph McCarty, book tby Guy Bolton and Fred Thompson, book staged by John Harwood, costumes designed by John W. Harkrider, while the dances of the Albertina Rasch dancers were staged by Albertina Rasch. Indianapolis theaters today offer: "Out of the Night,” at English’s; burlesque at the Mutual; vaudeville i at the Lyric; “Red Wine'* at the Apollo: "Tide of Empire” at the Ritz; "Tfie Canary Murder Case” j at the Ohio; Charlie Davis at the | Indiana; "The Godless Girl” at the Circle and "All at Sea” at Loew’s ; Palace. AIRPLANE SAVES BOY Gives Warning of Fire; Two Arc Rescued. ! Ilii Tailed Print ALBANY. N. Y., March 29.—See- | ing a burning house from an altitude of 2,500 feet in the air, Pilot ‘ Merle A. Moltrup of the Colonial Air Lines, swooped to within a few ; hundred feet of the ground and cirj cled about until he drew the atten- : tion oi persons in the vicinity to the | conflagration, thus effecting the : rescue of two small boys who were in the building. The house was located about fifty miles west of Buffalo, near Silver Creek, Erie county, and was destroyed. This is the second time Moltrup has given warning of fires from the air. Camp Director Chosen /j i/ Timm tipi rial t ANDERSON, Ind., March 29. County Agricultural Agent Lawrence Busche has been elected director oi camps to be conducted next summer for several hundred 4-H Club girls and boys of Madison. Grant, Delaware and Tipton counties.
CONDUCT Aid COURSE Night Class in Aviation Held at Arsenal High. A night school aviation course is now being conducted at Arsenal Technical high school under the direction of R. R. Sands and Karl Biedenmeister. The plumbing shop room, No. 202. in the new shops building, is being used for the course, Biedenmeister has had seven years of flying service, and with the aid of Sands is instructing a class of twenty-five. Among the students of this course are engineers from the Alii,son manufacturing Company and student fliers from the Indiana National Guard and Air Reserves. One La Rone and twelve Liberty motors, including a few wing structures, valued at $60,000. were recently sent to the school from the government air depot at Dayton, O. SHORTRIDGE GETS GIFT Prints of George and Martha Washington Given School. Shortridge high school has been given two rare old color prints of George and Martha Washington. The prints were presented to the school by Adjutant Malcolm Salmond of the local Salvation Army. Adjutant Salmopd came into possession of the prints some years ago. The prints are said to have been made during the Civil war.
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THE INDIANAPOLIS TT.MKS
HA! SPLINTERS; BEWARE WODD, JEUNES-FILLES Jewelry of Ye Old Oaken Bucket Variety Now the Fashion. lip United Print NEW YORK, March 29.—A new menace will face the jeunes-filies and fashionable maaames as they saunter down Fifth avenue this Easter. ’Tis an entirely different menace from the things which have menaced past Easter parades—such things as rain, too much breeze which might flash just a tiny bit too much silk hose and silken lingerie into view. 'Tis the great splinter menace. For wooden jewelry will be the newest weapon in this year’s annual spring fashion battle. Mahogany necklaces are admittedly very smart. So are quartersawed oak bracelets, pine earrings, walnut finger rings and birdseye maple lavaliers. As one fashion authority put it, “everything is good in wood except a hickory lorgnette—and be careful. madame, you don’t get splinters.” The effect of a winter-long campaign of manifestos from Parisian and even a few American style “dictators” will be revealed as practically nil Sunday, it was predicted today as pre-Easter buying reached a peak in fashionable shops. Any weather other than a rain storm or sleet fall will produce plenty to see on the avenue Sunday, but the innovations will beys too subtle a nature for the masculine eye to catch readily. Waistlines will be "variable,” but then they were variable last year. The "princess silhouette” will au fait, but it has been au fait off And on for about ten years. And the couturiers are crawling on the hemline business by Issuing statements that there will be a “hint” of longer skirts. If there is a stiff westerly wind, it is admitted that there will also be a "hint” of knees on the avenue. Another prediction is that the notions counters will bite the dust
on a recent drive to force a "beach tan” complexion on Mademoiselle Printemps 1929. For a while this campaign threatened to cast a coffee tinge from Twelfth to Eightysixth streets, but the word has gone round to powder it, even if it's natural. Further inspection of who's buy
OPEN FRIDAY AND SATURDAY NIGHTS SSf? READY FOR EASTER M jgw , —Rack after rack of beautiful new Easter gar- c> JIT mentsl—Every dress or coat purchased will be w W M•* Mjf ready for you in time to wear on Easter Sunday. A |P COATS Ladies’ Stunning New Easter MM £RI " , jllL. fya dresses s l|- 95 111 . \ Snappy New Styles! Glorious Spring Colors! |||| ||p .' v |pF 111 I Ij I with ruffles, pleats and novelty trims. Nu- f|||| Sizes \ji / jr 1 I nuw. two-piece end enupiblc dtieto. HI HU \| f | f| oclS^SPp*s^| 'hats 45 SOUTH ILLINOIS STREET | 4 c io.oou men ami women haw, ft Between Washington and Maryland Streets 1 shapes and roi- ** jW taken advantage of Kile's It•- 3 ° B ~, , , * j " C h to
ing what reveals that unless a great deal of Grade A hair tonic is applied before Saturday night, the series of hair-dresser ukases against bobbed hair were just so many scraps of paper, too. Here and there among the Jeunefilles a sort of shoo-fly of hair can be detected sticking out at the nape
of the neck, but these manifestations are few. Hats are about the same sjjp, since they have no more "to cover, and generally have a brim either on one side of the face or the other, following the curve of the cheek and coming to an abrupt stop at some unexpected point.
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Defends Modern Youth Ka Time* Special MARION, Ind.. March 29.—“ Modern youth is just as courageous and as virtuous as its ancestors,” Dr. W. G. Spencer, president of Hinsdale College. Hilhdale, Mich., told the members of the Kiwarns Club here.
