Indianapolis Times, Volume 41, Number 202, Indianapolis, Marion County, 2 January 1930 — Page 3

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BROKERS’ FIRM ’branch in city CLOSES DOORS Appointment of Receiver Forces Suspension by Roberts & Hall Appointment of a receiver for the Roberts & Hall*, brokers concern at Cincinnati, has forced closing oi the Indianapolis branch of the firm at 202 Board of Trade build.ng. The office was closed insofar as transaction of business is concerned today. Bernard W. Kirsnbaum, manager, was at the office and the ticker was operating but merely for convenience of former customers who visited the offices to talk over the receivership action, Kirsnbaum said. J. Nevin Roberts filed the action in common pleas court at Cincinnati Monday and Graham P. Hunt, attorney, named as rece.ver, took over affairs of the company Tuesday. Employe Speculated Walker P. Hall, partner of Roberts, is named defendant in the action which was agreed upon by the partnership after speculations by an employe had been discovered. An audit is being made to determine the sum involved. The action sets out that “our capital has become impaired by action of one of our employes iri buying and selling stocks under various names without knowledge and consent of the firm and permitting accounts to become indebted to the firm for very large sums.” In addition to losses caused by the employe, the sudden drop in security values has resulted in losses to customers of the firm, the petition says, resulting in their being unable to pay sums due the partnership. Believe Firm Solvent The action sets out that the partners believe the firm to be solvent, but desired appointment of a receiver to safeguard against losses to creditors. “I know nothing of the details of the receivership except what I have read in the papers.” Kirshbaum said, “although I received a telephone call from Mr. Hall Mondaynight telling me to accept no further business. I still have faith in the partnership, but I am not in a position to say whether stock sold our customers will be delivered. We should know something definite within a day or two.” From conversation gathered from persons who were in the Roberts Sc Hall office today, some of whom stated they were customers, it was gathered that they expected to lose what they had paid in on undelivered stocks.

RITES FOR CITY MAN TO BE HELD FRIDAY William Slatler Was Indianapolis Resident Fifteen ’t ears. Funeral services for William T. Statler, 56, of 720 North East street, who died at the city hospital Wednesday night, will be held at the Progressive Spiritualist church at 2p. m. Friday. Burial will be In Astoria. 111. Mr. Statler was a railroad conductor until twelve years ago. when injuries forced him to retire He was a member of . the Spiritualist church and had lived in Indianapolis since 1912. He was born in Goodhope, 111. Survivors are the widow, Mrs. Ora Sfatler; two sisters, Mrs. Maria Creston. Arnold, Kan., and Mrs. Emma Sapp. Macomb, 111., and two brothers, Charles and Samuel Statler, both of Macomb, 111. HUSBAND TOO BLISSFUL Mis. Bliss Tells Court Her Spouse Did Not Want to Be True. K'J Vnited Prrss LOS ANGELES. Jan. 2.—Wedded bliss was not bliss for Carl Bliss, according to Mrs. Ca-1 Bliss. She got a divorce here on grounds that, her husband said he did net want to be true to any woman. He proved that by blissfully caressing other women in her presence, Mrs. Bliss asserted. His wife said Bliss would leave her at the home of one of his friends while he took the friend's wife out on a date.

USSk^eJ “Good as a Gold Bond” STURDY STRONG. SEASONED, SATISFACTORY, PROVED “The Oak Convenient Payment Plan*' At lowest Costs makes lonr Auto Insurance Easy to Carry Ask for Our Fine Proposition for Salesmen Chamber of Commerce Building Lincoln 4593 INDIANAPOLIS

A THREE DAYS’ COUGH IS YOUR DANGER SIGNAL

Coughs from colas may lead to serious trouble. You can stop them now with Creomulsion, an emulsified creosote that is pleasant to take. Creomulsion is a medical discovery ■with two-fold action; it soothes and heals the inflamed membranes an- inhibits germ growth. Os all known drugs creosote is recognized by high medical authorities ss one of the greatest healing agencies for coughs from colds and bronchial irritations. Creomulsion contains, in addition to creosote, other healing

CREOMULSION TOR THE COUGH FROM COLDS THAT HANG ON

Pilots in Test Flight

___ f & bPOK/Jtg - ” __ j ~ . l L —— l'O' "" Major* Ralph* Royce. right, com- / / \ ;r.ander of the First Pursuit group / / JfjfiHlßl \ \ at Selfridge Field, Mich., has been / / \ \ \ chcsan to lead a score of army - f j \ A pilots in a test flight along a 3.500- j I 1 mile "battle front” extending from j j fig j 11 Detroit to Spokane and return. j t *1 W : W(t'n&M I M Winter flying conditions amid zero \ \ j J weather and radio communication l \ / / will be studied, constant com- \ \/ jjr munication being maintained with / Washington. • The map shows the nnncioal cities at which stops will

Major* Ralph Royce, right, commander of the First Pursuit group at Selfridge Field, Mich., has been chcssn to lead a score ol army pilots in a test flight along a 3,500mile "battle front” extending from Detroit to Spokane and return. Winter flying conditions amid zero weather and radio communication will be studied, constant communication being maintained with Washington. - The map shows the principal cities at which stops will be made, the arrows indicating • the going and return routes.

SULLIVAN APPOINTS WATSON NEW AID

Mayer-Elect's Secretary Was Publicity Manager During Campaign. Walter W. Watson, who handled publicity for the city Democratic committee in the November campaign, will be private secretary to Mayor-Elect Reginald H. Sullivan. Watson is a close personal friend of the mayor and attended Wabash college, the mayor-elect’s alma mates. He formerly was a reporter on the Indianapolis News staff, having covered city hall during several administrations. The secretaryship pays $3,000 a year. Watson will succeed Henry O. Goett, city clerkelect, now secretary to the mayor. Miss Gertrude Murphy, stenographer to Congressman Louis Ludlow, will be stenographer in the mayor's office at a salary of SI,BOO. She was connected with the Democratic state committee in the 1926 campaign and formerly was in the employ of Frank C. Dailey, Democratic safety board member. Mrs. Mary Thatcher, present stenographer in the mayor’s office, will be a deputy clerk under Goett. Chris Fisher. Negro, 834 Fayette street, who was particularly active in behalf of Sullivan in the campaign, will be messenger to the mayor, succeeding Gene Armstrong, Negro, who was Mayor Slack’s aid.

STORK IS PUZZLED Who’s First of All These New Year Babies? New claims for the traditional stork’s first visit to Indianapolis during the New Year came today as birth reports of the city for the day were compiled. Eight New Year's babies had been listed, but the honor of being the first is credited to Grace Rutledge, daughter of Mr. and Mrs. George Rutledge, of 418 ’3 South Missouri street. Grace came into the world in time to hear the whistles and bells salute the New’ Year, being born at forty seconds after 12, midnight, Tuesday night. Drs. John Hartsaw and Clarence Kern, medical students, were in attendance. Other babies born during the day were to: Mr. and Mrs. Harold Chamness, a boy. born at five minutes' before l Wednesday morning: Mr. and Mrs. Loren Knuckles. 24 North Campbell street, girl. Parents of other New Year’s babes are: Mr. and Mrs. Paul G. Townsley, 3422 North Euclid avenue, girl; Mr. and Mrs. De Witt Young, 5681 Guilford avenue, girl, born at St. Vincent’s hospital: Mr. and Mrs. Paul Bordenkecher, 1121 North Oakland avenue, boy, at St. Vincent’s; Mr. and Mrs. Keller Huckleberry, R. R. 17, Box 164 TANARUS, girl, at Methodist hospital, and Mr. and Mrs. Harold Park, 145 West Twenty-second street, boy, at city hospital.

BANKERS TO DISCUSS VIGILANTE SYSTEMS Co-Operation to Balk Holdups Is Subject for Convention. Closer co-operation of county vigilante committees in preventing bank holdups and in detecting holdup men will be discussed at the annual mid-winter meeting of the Indiana Bankers' Association at the Claypool Jan. 23. Elmer W. Stout, president, announced today that a plan for cooperation of the state criminal identification bureau with the county vigilante bodies has been worked out and will be presented. Investment trusts will be discussed by Thomas J. Lee of New York and is considered a subject vital to Indiana bankers. The tax situation also will be given attention and branch and affiliated banking will be considered. A dinner will be held at 6:30 at which Strickland Gillilan of Washington will speak on "Me and My Banker.”

elements which soothe and heal the inflamed membranes and stop the irritation, while the creosote goes on to the stomach, is absorbed into the blood, attacks the seat of the trouble and checks the growth of the germs. Creomulsion is guaranteed satisfactory in the treatment of coughs from colds, bronchitis and minor forms of bronchial irritations, and is excellent for building up the system after colds or flu. Money refunded if not relieved after taking according to directions. Ask your druggist, (adv.)

RENEW BURKE HUNT Killer Is Reported Seen Near Kalamazoo. Bn Vnited Press DETROIT, Jan. 2.—The manhunt for Fred Burke, “most dangerous man alive,” was on throughout Michigan again today, following a report that a man answering his description had started from Kalamazoo for Detroit with another man in a sedan. Officers patrolled all highways leading into the city and authorities in cities and towns throughout the state were on the alert. Burke, named by a Chicago coroner’s jury as owner of the machine guns used in the St. Valentine’s day massacre there when seven gangsters were shot down, has been identified as the man who shot and killed a traffic policeman in St. Joseph, Mich., some time ago. He is v anted as a suspect in a dozen murders and numerous bank robberies. Gary Man on Program Bjt Time* Special GARY, Ind., Jan. 2.—W. P. Cottingham, city engineer of Gary, will share officially as a director of the city officials’ division in the program of the American Road Builders’ Association’s twenty-seventh annual convention to be held Jan. 11 to 18 in Atlantic City.

SIVOUSS saus i The selections are still immense despite the record-smashing response! There are still tremendous stocks of <• finest clothes—at sweeping reductions! For men and young men Also all our Women’s and Misses’ Coats reduced. Also hundreds of Suits and 4% a if* a o =ts in .he Boys’ Store- QTRMJSS k GO, Also Men’s Hanan Oxford! reduced. 22 10 29 Wesi Washington Street

THE INDIANAPOLIS TIMES

CHICAGO ENTERS 1930 FACED BY MONEYJTRAITS New City Charter Urged as Only Way to Escape Debt Morass. Bu Vnited Press CHICAGO, Jan. 2.—Chicago's dty fathers may have turned over anew leaf as 1930 started. They had little else left to turn over, what with empty coffers ard a staggering debt staring them in the face. Debts have been piling up for more than ten years until now they total $270,000,000. The city is paying approximately $16,000,000 a year interest on money it has borrowed from Feter to pay Paul. Money now being spent is to be collected next year. An "economy budget,” providing for discharge of 3,000 city employes, including 635 policemen and 200 firemen, was grasped as a last straw. Although no property taxes have been collected since 1927, when a reassessment was protested by the state tax commission, the city has spent some $60,000,000 each year through sale of tax anticipation warrants. In the flood of first of the year bills today were many threatening to stop the city’s credit unless it pays something. Citizens and political leaders have recognized the gravity of the situation. In an open letter to the city’s millions, B. H. Sullivan, Democratic leader, urged anew charter as the only solution.

USE 13-MONTH PLAN j New Calendar for Pay Day Put in Effect by Sears, Roebuck. | tin X'piled Press \ CHICAGO, Jan. 2.—Sears, Roe- ; buck & Cos., with its 40,000 em- | ployes, went on a thirteen-month calendar basis today. Employes will have thirteen pay days during the year under the new system. The standard twelve-month calendar will be observed for outside business, holidays and general use, however. Discuss Road at Ft. Wayne State highway commissioners, Director John J. Brown and William J. Titus, chief engineer, are meeting with the Ft. Wayne Chamber of Commerce roads committee today to discuss the proposal of constructing a paved state road from Ft. Wayne to the State School for Feeble Minded Youth near that city.

FEWER DIE IN CHICAGO Report Showj Murders Decreased Sixty-Four During Year. Bv Vnited Press CHICAGO, Jan, 2.—Like stock market statistics, Chicago’s 1929 computation of homicides showed a slump. Homicides during the year, the coroner’s office reported today, fell to 412 against 476 to 1928, and 527 for 1927. Suicides decreased 100 to 552 against the previous year's statistics. Even bombings, for which Chicago has gained a reputation, decreased to 88 as contrasted with 106 for 1928. Eleven policemen were killed, two less than the number during 1928, CUSTER DENIAL LACKING Scott Nearing Is Reported Expelled by Communists. Bu Vnited Press NEW YORK, Jan. 2.—Reports that Scott Nearing, former Toledo and University of Pennsylvania professor, had been expelled from the Communist party of America, could not be confirmed by either Nearing or the party. At party headquarters today Herbert Benjamin said that if any such action had been taken he would have been notified.

DOCTORS SHOW QUICK WAY TO END COLDS

Many Here Helped by Pleasant Hospital Method Doctors Advise For Home Use More and more Indianapolis people, like Edward B. Russell, are finding how quickly colds may now be ended by a pleasant hospital method which doctors advise for home use. The sudden change in weather recently caused Mr. Russell to catch a severe cold. He neglected to do anything about it until congestion started spreading so fast that he became alarmed. Acting on the advice of his doctor, Mr. Russell then started taking double doses of Ayer’s Pectoral —a hospital certified compound of wild cherry, terpin hydrate, etc., which physicians have named as the best of different widely known methods tested for head colds, coughs and chest colds. Relief began quickly, the doctor reports. Within a few hours after the first dose of Ayer’s Pectoral, congestion had cleared up rapidly. That night he slept comfortably and in just a day or so examination showed

REPAIR BRIDGE IN BUS MISHAP Six Hurt When Buck Creek Span Collapses. Efforts were being made by the state highway department today to re-establish traffic over Buck creek on U. S. Road 52, seven miles southeast of Indianapolis, where the bridge collapsed with a motor bus New Year's eve injuring six passengers. Meanwhile a detour has been established, it was announced by A. H Hinkle, superintendent of maintenance. for the state highway department. For local traffic, there is a two and one-half mile detour on a dirt road that is not in first-class condition and Hinkle advised through traffic and heavy trucks to .avoid this if possible. Through traffic is being advised to take the National road to the east edge of Cumberland and then the county road to U. S. Road 52. Plans for anew bridge have been completed and contract is to be let soon. A run-around bridge will be constructed for use during the construction period.

that all trace of the cold was gone. Note'. See other eases reported daily —all certified by the attending: physician. Ayer’s Pectoral was hospital certified as the best of different widely used methods tested for head colds, coughs and chest colds because It gave the (luickest. surest relief—with absolute safety. Tt is now featured by HOOK'S DREG and all leading druggists.

V-HOSPITAL CERTIFIED’’^

FRIDAY 25' DAY AT THE LEADER See What 2S Will Buy Tomorrow Be Here Early Tomorrow Many o 2 These Specials on Sale Will Not Last All Day DOORS OPEN AT 8:30 A. M. SHARP

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