Indianapolis Times, Volume 40, Number 279, Indianapolis, Marion County, 11 April 1929 — Page 6
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SCHOOLS SEND STUDENTS TO REALTY SHOW 16.000 at Home Exhibition on Wednesday; Attendance Records Broken. Teachers of home economics find the Indianapolis Real Estate Board* Home Show a boon, records reveal. Entire classes from high schools at Martinsville. Shelbyville and N'oblesvillc attended the show Wednesday and many economic teachers of the state are planning to bring their classes to the show Saturday, J. F Cantwell, how director, announced. The students arc given an oppor- j tunny to study the latest and most modern labor-saving devices which are on exhibition. 16.000 at Show Not only do they study the ' practical demonstration but new decorative principles as shown in various house furnishing and draperies. The attendance figures were broken Wednesday when it was j learned that between fifteen and ? sixteen thousand persons visited the j show. This, according to Cantwell. ; is a record for the entire eight years during w hich shows were j given. Today s program will be especially j centered on the building and improvement of old homes. Dan W. Lc Gore, realtor and vice-chairman nf the Home Show’ committee, aided by a .* sass will give advice on the remodeling and beautifying of old i houses. Landscaping problems will j also be discussed. Marmon Workers to Attend More than 2,500 Marmon cm- i p.'oyes and their families will be the , guests of the Marmon Motor Car Company Friday night. The Marmon band will play during the show. Special programs and features j have been arranged for Saturday, i thfe closing day of the show. Each twentieth woman entering j the show between'the opening and R p. m. Saturday will be given a prize. All members of the Pcp-Un-j limited Club of radio station j WFBM, who will present their ; membership cards to the club be- j twen 10:30 a. m. and 4 p. m. Saturday will be admitted at one-half t.hc admission charge. Take Motion Pictures Motion pictures of the Marion j county school pupils who won prizes with model homes in the Real Estate : Board's contest will be taken at | 10:30 a. m. Realtors ot the stale were the guests ot the Indianapolis board Wednesday at the show and at the j regular luncheon-meeting of the : board which was held at the show. Awards were presented the winners in the board's poster contest to advertise the show. Those given awards were: George J. Mess, first prize: George Dudley, second; j Gordon J. Mess, third, and Chester j F. Peterson, fourth. H. E. Rugen- j stein, fifth place winner was unable to attend the meeting. Award Poster Prizes Robert. Allison, chairman of the model house committee, announced the winners of a special contest j among the pupils of two grade schools who entered models in the j miniature home contest. Winners in tire school No. 7 contest were: John Peak. 322 South Noble street, first prize; John Barrett. 818 Greer street, second prize, and Ada May Adams, 828 Harrison street, third prize. The prizes w-erc donated by Robert MacGregor and were S3. S3 and $2. A prize of S2 donated by Miss Stella Doepper. secretary in the Indianapolis office of the Boy Scouts for the best of the nine houses built , by pupils of School No. 22 was won j by Francis Van Brunt, 137 West 1 Kansas street. HIGH WINDS DAMAGE LAKE ERIE RESORTS Small Crafts, Docks Destroyed by Pounding Seas. F CLEVELAND. April 11.—Lake ports today were taking toll of damage done Wednesday night when high winds sent waters of Lake Erie rushing over docks and boosted inland streams. Small craft and numerous docks. Including those z>f the state and federal fish hatcheries, were swept away and destroyed by the pounding seas Many small summer resorts along the coast were reported flooded and Middle and North Bass islands, off Sandusky, were reported almost entirely submerged. SHOOTER is”SENTENCED Gets One to Ten Years for Firing Through Door of Home. Garfield Kelly. 23. was sentenced to one to ten years in the state reformatory today bv Criminal Judge Janies A. Collins for assault with felonious intent. He was found guilty of trying to shoot Harry Stafford. 1069 * River avenue. Nov.. 7. 1927. Evidence showed that Kelly, enraged because 8131101x1 would not open his door, obtained a gun and shot through the door. Stafford told police lie avoided death by stepping aside. SEEKS TRAIN SERVICE Loogootee Mayor Petitions to Keep "Dinkey" Running. A petition was filed today with the public service commission by Joseph B Smith, mayor of Loogootee. Ind., and president of the Commercial Club of that city, asking prevention of the discontinuance of trains No. 65 and 66 on the B. & O railroad. The trains are known as the Dinkey" and make possible distribution of mail on a number ot rural routes out of Loogootee,
YOU BUY STOCKS ‘THUSLY’
Deals Handled at Lightning Speed
This i Ibr second nf three stories <fr•.crihinr th operation nf the V nrk Mnrk t.x rhanaa Toni’s slorv tails hn ' orders tn huv and sail are executed rapidly. •<y SEA Herr ice N'EW YORK. April 11—Suppose you desire to buy or sell stock lifted on the New York Stock Ex- ] change how is your order handled? If you live in Chicago, for example your order would be given to icago office of a member of the exchange. A form is filled out, instructing the broker representing you in tiic exchange, to buy. for example. 100 shares of U. S. Steel common at the market price. Your order is transmitted over a private wire to the broker’s New \ ork office. An order clerk immediately sends it, by telephone to one of the firm’s telephone clerks in the big. noisy stock exchange. Annunciator "f’agcs” Broker. The clerk at the exchange moves an electrical switch in the telephone booth which instantly causes his brokcr-empioyer’s n umbel: to appear on the annunciator board. This summons the broker to his telephone and then he must buy 100 share; of steel for you at the lowest price possible at the moment. The broker goes to the trading post where all U. S. Steel stock is bought or sold. There he hears someone shouting that he will sell a certain amount of steel at a certain price He hears, to. perhaps someone else call out what he will pay for a certain amount of steel stock and thus learns the prevailing market price. i.ittle F'nrmality to Deal He buys for you by merely saying: Take it” or "Sold.’’ No written agreement or written memorandum is exchanged between the buying and the selling members: all contracts made on the floor are done in this surprisingly informal manner. Now, your broker writes a memo of the purchase on a small slip of paper. This reports that he has brought 100 shares of United States Steei common for you at such and such a price from another broker. As he waves this paper in the air. a messenger appears to carry it to the broker’s telephone. The message is then phoned to your broker’s New York offices, whence it is transferred to a private telegraph wire and dispatched to his Chicago branch office. Here it is presented to the customer, to confirm the purchase. Machinery Works Swiftly So swiftly docs this machinery of the Stock Exchange operate that in some cases an order has been placed in a point as distant as San Francisco and reported back as fully completed one minute later. Having said he would buy, your broker is obliged to accept before 2:15 the next afternoon a certificate for 100 shares of United States Steel common stock and must pay for it at the buying price. The customer may settle with his broker in full, and receive a stock certificate, or he may pay a portion of the purchase price if he is buying on margin. Buying on margin is the usual form of market speculation. It is a dangerous practice for the small investor, and in most respects is really gambling. Buying on Margin Instead of paying for all the stock, the buyer pays for only part of it. The broker borrows money to carry or pay for the rest and charges the buyer interest according to the prevailing rate for what are designated as call loans. These loans are subject to call at any time and the rate varies. The buyer hopes his stock will go up. Suppose the stock is sold for twenty points higher that the purchase price. The buyer then makes a profit of S2O a share on all the shares he purchased, including those covered by the broker’s loan, less brokerage and interest charges. If the market goes down, more margin money is called for by the broker. If the purchaser can not provide, his stock is sold at the market price and the loss frequently wipes out his margin or what was once his capital, despite the fact that the stock itself still may be a good investment. NEXT How the country keeps in touch with the stock exchange.
STORE TOJID CAMP L. S. Ayres to Send 12 Men for Military Training. L. S. Ayres & Cos., intends sending a dozen young men in their employ to the Citizens Miliary Training camp at Ft. Benjamin Harrison this year. Indianapolis cadets who enrolled during the last week were Holland D. Cole, Robert E. Leech. Raymond E. Miller, Ralph J. Scheidegger. Frank E. Hann and Donald E. Whitcomb. Seventeen of Indiana's ninety-two counties have filled their Citizens Military Training Camp quotas. Major David H. Jennings, state aid to the secretary of war for Indiana, has announced. The quota for Indiana is more than half complete, but the state still trails the corps area in enrollments. AUDUBON CLUB TO MEET National Izaak Walton League President Is Speaker. At the annual meeting of the Indiana Audubon Society to be held May 3 in the Lincoln. Dr. Henry Baldwin Ward, professor of zoology at the University ot Illinois ana president of the Izaafc Walton League of America, will be the principal speaker. The meeting will continue through May 4. Several field trips and short talks on birds are planned lor the society's program. Dr. Earl Brooks of Noblesvilie is president of the society.
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The imposing exterior of the world’s busiest mart, the New York Stock Exchange, is shown above. Below is an exterior viewy showing an attendant sending buy and sell orders through pneumatic tubes that go to every trading post on the big floor. In the background are the telephones used by brokers.
CARTER TO REMAIN Poor Farm Head. Criticised by Jury, Keeps Job. John V. Carter, county poor farm superintendent, who was criticised in a recent grand jury report for alleged mismanagement of the institution. probably will be permanently retained, it was indicated today by George Snider, county commissioners’ president. Three months ago commissioners said Carter would be kept until the jury completed its investigation. When the findings were announced to the court. Carter was not removed and still is serving. Carter’s wife, son and daughter-in-law- also are on the poor farm pay roll. Snider announced that- repairs are being made at the farm, as recommended by the jury. Fire escapes are being placed on the buildings this week, the structures are being painted and the diet kitchen is operating so sick inmates may have special food.
SEE CLEWJN ATTACK Report Assailant of Girl Followed Other Pupil. Seeking the assailant of Miss Janice Moore, , 15-year-old Shortridge high school girl, police today followed a clew given them by Ray De Poy. 3144 East Washington street, who reported a man in an automombile followed his daughter, 13, home from school on three occasions. De Poy gave police a description of the man. It tallies somewhat with that of the man who brutally beat Miss Moore Wednesday morning as she waited for a street car at the fairground. She was forced into his car, but escaped as he drove off. Police were given the license number of the car which trailed the De Poy girl. Miss Moore, daughter of Irvin Moore, fairground engineer, suffered a deep cut over one eye and bruises on the head and body, when the man struck and kicked her.
DUVALLS SEEK PAY Former Mayor and Wife Sue City for Salaries. Alleging the city owes them for “services rendered,” John L. Duvall, former mayor and his wife, ! Mrs. Maud E. Duvall, have filed i suits seeking seventeen days pay, in i the civil municipal courts. Duvall's complaint stated that he was paid up to Oct. 10. 1927, but that he served until Oct. 27 and his demands for $345 have been refused. Mrs. Duvall alleged she served as city controller, during the same period, and was not paid. She seeks $188.87 for her services. Duvall resigned Oct. 27, 1927. as council ousted him from office.
THE INDIANAPOLIS TIMES
TAXI DRIVER THWARTS STICKUP ATTEMPT Strikes Holdup Passenger on Head With Flashlight. The flashlight of Ralph C. Hinesley, 816 North Delaware street, a taxi driver, is somewhat battered today, but Ralph still has his money. He received a call Wednesday night to get passengers in the 1500 block on Massachusetts avenue. Two men and a woman, all Negroes, asked to be driven to Miami and Liberty streets. One man and the woman got out of the cab and the other man ordered Hinseley to drive on down the street. Near Miami and East streets the man placed "something cold” against the driver's neck and demanded “all the money you’ve got.” Hinesley grabbed his flashlight from the front seat and struck the Negro on the head. The Negro ran, but fell, and Hinesley caught him. The Negro broke aw'ay and escaped.
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To Identify Genuine Aspirin THE increasing use of Bayer Aspirin every year is proof that it has no ill effects. It is the accepted antidote for pain. It always helps; it never harms. Quick relief when you’ve a headache, or cold; or are suffering from neuralgia or neuritis. Rheumatic pains yield, too, if you’ll only give these tablets a chance. But you want genuine Aspirin, so look for the Bayer Cross on every tablet The box always bears the name Bayer and the word “genuine” printed in red. Proven directions inside.
Aspirin is the trade mark / \ of Bayer Manufacture of Monoaceticacidester / a ’Si/iP \of Salicylicacid [BAY est) I" 111111
CORRECTION! The item appearing in our large ad Wednesday, April 10, should have read— Friday Morning Special, at 9 O’clock Instead I SATURDAY MORNING SPECIAL AT 9 O’CLOCK: I FOR WOMEN ONLY! HE WILL SELL TO THE I IRsT 2tM> LADIES IN ■ OIK STOKE FRIDAY MORNING GENUINE P. & G. WHITE LAUNDRY SOAP 1 10 Bars Sor 15*1 Be here before 9 A. M. Friday. Be sure and get your ticket for the soap a* you coroe in. The Leader and Delaware Sts.
MUSIC CLUBS I OPEN SESSION Ninth Annual Meeting Continues Through Saturday. Indianapolis had a corner on the state's sharps and fiats today witft the opening of the ninth annual meeting of the Indiana Federation i of Music Clubs at the Lincoln. The session continues through Saturday. Approximately 100 delegates from music groups of the state federated with the organization are attending. Mayor L. Erfc Slack gave an ad-’ dress of welcome today. Business! reports were heard and a luncheon 1 held. i Tonight the federation's state concert will be given in the Travertine room. The public is invited. Late today a choral contest for a silver loving cup is scheduled. Clubs j entered are the Bloomington Friday 5 Musicale Club, the music section of the L. and S. Departmental Club of Brazil, the L’Allegro Club of the, Teachers College of Indianapolis j and the music section of the Women’s Department Club of Indian- j apolis. ASK RATE REVISION Manufacturers Want Power Billing Change. ! Fifteen manufacturers filed a petition today with the public service commission asking modification of rates and revision of billing by the Indianapolis Power and Light Company. The manufacturers contend they j now pay cn a yearly basis and ask that bills be rendered each month. The mnaufacturers each have a “season load” and there are other times when they use very little elec- ; tricity. They are represented by Al- : bert E. Schmollinger, an attorney. ] Companies represented are: Leedy Manufacturing- Company, Dean Brothers Company, Fishback Company, Brown Brothers, SchwartzCummings Company, Indianapolis ] Stove Company. Insley Manufactur- | ing Company, Kahn Tailoring Company, Indiana Veneer and Lumber Company. Real Silk Hosiery Mills, Central State Bridge and Structural Company, Indianapolis Castings Company, Keyless Lock Company, Indianapolis Glove Company, and the F. Hilgemeier & Brothers, Inc.
DUVALLS BUY PLAGE Ex-Mayor and Brother Purchase Walnut Gardens. John L. Duvall, former mayor, and Albert Duvall, his brother, have purchased Walnut Gardens, chicken dinner and amusement resort located thirteen miles southwest of the eity, a short distance west of Cam by. Negotiations were to be completed today so the Duvalls could take possession. Duvall said they paid $40,000 for the property, which formerly was owned by Cary Freyn. Several new attractions, including musical entertainment, a polo and dog race track, will be offered. The dining room will be remodeled. “There’ll be no liquor on the place,” Duvall declared. Orville R.. Scott, chief clerk of the Barrett law and assessment bureau under the Duvall administration, will manage the gardens, Duvall said.
Dares Ocean in Tiny Boat
I .Viiiiniiin■ >..
The strange craft pictured here isn't built exactly on the lines ot a trans-Atlantic ship, but that’s what Captain Leonard Greene, upper right, intends it to be. In this seventeen-foot collapsible sailboat, the Cambridge, Mass., adventurer expects to paddle and sail up the coast from Miami, Fla., to St. Johns, New Brunswick, and then across the ocean to Europe. Captain Greene believes he will reach St. Johns by the middle of June and will begin his trans-Atlantic voyage as soon as the weather is favorable. The little boat, christened the Sailfisn, is practically non-capsizable. Another attempt, by Captain Roemer. to cross the Atlantic from the east in a similar craft ended in the loss of boat and navigator during a hurricane.
ADAMS TROPHY PLAY OPENS IN TOURNEY High Scores Mark First Night Interclub Bridge Matches. Play for the Adams trophy was to start this afternoon and evening in the third annual Interclub Bridge tournament at the Indianapolis Athletic Club. The open duplicate contract game, not yet fully standardized, is on the schedule for today, Friday and Saturday. Final open auction scores in Wednesday night's games were: North and south, P. D. Parcezzs and Frank Rosenberg, 37: L. L. Bottemwisen and C. E. Schwarz, 35; Mrs. H. J. Hadley and McF. Benham, 34; Mrs. C. L. Buschmann and L. J. Haddad, 30; E. J Tobin and L. J.
MOTION PICTURES
JSBM Victor fVJcLagien “STRONG BOY” A Baggage Smashing Comedy of Love and Errors VITAPHONK I MOVIETONE ACTS I NEWS Starting Saturday THE WHOOPEE GIRL!
StE WARNER BROS HEAR Texas Chinan Queen of the NightCiubs EDDIE FOTJt**L!U LEE JOH* MUfli JACK *OR\¥o*l*-JOHN DAVTDSO*
ALL TALKING. SIRGNG, DANCBfG! , ANITA TAOE LAST 2 DAYS PALACE
AMUSEMENTS
CWN IQLTO Mat - Wed - LRuL lull OThurs., Sat. Tonite, 8:15—25c, 50c, 99c Berkell great Plavfirs NECKER” I IwJfOl v A Flapper Comedy Season's Biggest Production Next Week, "SMOOTH AS SILK”
" U T U A I, BURLESQUE THEATRE rGINGER GIRLS" With Fritxie White and •■Bitxie” Vinnie Phillips. On the Illuminated Runway
Welch, 26 v. • R. w. Halpin and Mrs. Guy Lemmon, 24; W. J. Holliday and F. R. Buck. 206, and Mrs. A. R. Coffin and C. E. Coffin. 17. East and west, W. J. Pray and H. Dollman, 35; Mrs. E. J. littenbach and W B. Horton. 33; Mrs. Franck Rosenberg and Dr. F. Cheeseman, 31; Wesley Shea and Harric Shea, 30: Mrs. Alex Matzger and W. M. Zeller, 28L>; B. C. Hooper and Mrs. R. Bingham, 28; E. B. Jackson and Mrs. George Spindler, 21, and Mrs. F. B. Abbett and Mrs. F. R. Buck, 1712. The typewriter is credited to C. L. Sholes, printer and editor.
STARTING SUNDAY The Wonder Worker
nMMfc JfctjdaHg vW9| ''• .w ~
P so JACK WILSON & CO.
APRIL 11, 1929
BIBLE TEACHER TAKES STAND FOR EVOLUTION Religion and Science Must Unite, Says Professor in Church Convention, ; Eovlution, "bogey-man" of clerics, i crept into the meeting of the board | of Christian education of the Disci - : pies of Christ church today in the Sevcrin. when Dr. W. J. Lhamon. biblical teacher at Eureka college. | Eureka, lit, declared that he urged | embryo ministers studying under ! him to "get ail the evolution you can.” Dr. Lhamon's statement was . greeted with silence and without doi bate. Dr. Lhamon explains his recogni- : tion of the value of the study of evolution tor ministers of the Disciples of Christ with: "We must coordinate religion and science. We must take that which is of merit m science and combine it with religion Wc can not ignore the established facts brought out by science.” Eureka college, where Dr. Lhamon , teaches, is affiliated with the j Disciples of Christ church. Dr. Lhamon was expected to am- | plify his statements of the morning ■ session at this afternoon's meeting of the board of education. Numerous church cudcators are attending' the conference. SUIT FILED ON PATENTS Receiver Seeks to Stop Sale by Inventor. Suit to prevent threatened sale oi j two patents has been filed in Icd- | eral court by George Deeb, receiver for the Garsix Manufacturing Company, 546 South Meridian street, against Walter J. Six, Indianapolis inventor. Deeb alleges Six leased to the company patents on a machine for cutting piston rings and another on the process ot manufacturing rings with the machine, and that large profits from the machine and products expected soon are endangered because Six has threatened i to sell the patents.
MOTION PICTURES
AMUSEMENTS
J. ROBERT PAULINE Presenting The most amusing and amazing act in vaudeville! He is the only man in the world who can control the flow of blood in the human body. He performs wonders and does things which are almost unbelievable.
