Indianapolis Times, Volume 42, Number 185, Indianapolis, Marion County, 12 December 1930 — Page 21

DEC. 12, 1930

1930 BUSINESS OF INSURANCE CONCERNS GOOD Increase of $1,418,000,000 in Investments, Annual Report Shows, ay Times Special NEW YORK, Dec 12.—Notwithstanding a year of nation-wide depression, investments of United States life insurance companies 'will be increased by $1,418,000,000 to a total of $18,900,000,000, according to a survey presented to the twentyfourth annual convention of the Association of Life Insurance Presidents here today. In submitting these figures. President Walton L. Crocker of the John Hancock Mutual Life Insurance Company, Boston, raid that the investments at. the close of this year will be double those held seven years ago Optimistic on Agriculture The farm mortgage situation received major consideration by Crocker, who sounded an optimistic note as to agriculture in the United States. Stating that the leading investment medium of life insurance companies is the real estate mortgage, tie pointed out that tills form of investment comprises 40.3 per cent of the company assets. "Second in investment importance are bonds and stocks, aggregating $6,531,000,000, representing 37.6 per cent of the investment portfolio," continued Crocker. ' “The common stock holdings of the life insurance companies will represent only slightly in excess of ’i ot 1 per cent of the total assets. The companies hold railroad securities representing practically 22 p-’r cent, of the entire funded debt of all United States railroads. In proportion to the total assets of the iife companies, railroad securities will constitute 17 per cent as against 35 per cent in 1906. Utility Holdings Rise The companies’ holdings of public utility securities will stand at approximately $1,686,000,000 as of Dec. 31, 1930. Tho increase of this account in 1930 will be around 16.2 per cent. "The division of government securities, including those of states, counties and cities of the United States, bonds of our federal government and those of foreign governments and their subdivisions, 4he grand total of which will stand at about $1,333,000,090, shows an increase during the year of 5.2 per cent. "Aggregate of the policy loan account will be found increased from $225,000,000 in 1906 to an estimated sum of $2,473,000,000 on Dec. 31 ; 1930, or nearly ten times, equaling 14.3 per cent of the total admitted assets. Both amount and percentage .ire rising steadily.” Deaths Decreased Asserting that 442,800 lives would be saved this year in the United States if the death rate for the general population were reduced to that of life insurance policy holders, Dr. Harry W. Dingman. vice-presi-dent and medical director of the Continental Assurance Company of Chicago, presented to the convention a survey of mortality in the United States for the current year. His observations were based upon a study of the deaths during the first ten months of 1930 among 57,000,000 life insurance policy holders, nearly one-half of the country’s population. “It 'now appears that 1930 will rank second only to 1927 as the healthiest year in our history," Dr. Dingman declared. FLAME 150 YEARS OLD Lire Religiously Kept Burning In Virginia Mountain Cabin. Tty Times Special RICHMOND, Va., Dec. 12.—Back n the mountains of Saluda, N. C„ the ancestors of William Morris started h lire on the hearth of their newly erected cabin. Ever since the fire \yas lighted on that day, it has been kept constantly burning. Morris, who now has the job of keeping the fire burning, says it has been going l or more than 150 years.

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Times Radio Dial Twisters

STATIONS OF THE NATIONAL BROADCASTING COMPANY WEAF Network WJZ Network KDRA 986 KTHS 1010 WCFt 070 I WGN 720 WJZ 70 W|AI 1330 CKGW 00 KVOO 1110 WCKT 1490 WGI 700 I WLS 8.0 WSB .40 KOA i KWK 1300 WDAF 610 WHAS 820 WlVf .00 I WSM 650 KPEC 020 RTW 1020 WEAF 660 WHO 1000 WOC 1000 WTAM 10j6 KSD 550 WBAT. 1430 i WENR 870 WIBO 560 WOW 590 1 WTIC 1060 KSTP 1400 I WBAP 800 WFAA 880 1 WJR 750 1 WBVA 1110 WWJ 920 STATIONS OF THE COLUMBIA BROADCASTING SYSTEM WABC 900 ' WBBM 770 WKBC 550 WOWO 1100 WCCO 810 KOJL 1260 WPG 1100 WMAO 670 WIAI 610 WFIW 910 I CKAC .30 KMOX 1000 WBT 1080 • WJJD 1130 KRI.D 1040 WFBM 1230 WLAC 14.0 I CFBB 960

—6:45 V. 51. CBS —Deutsch's ensemble. —7 P. M.— WCCO (8101—Ambassadors. NBC <WEAF) —Cities service concert. WGY (790 1— Concert hour. CBS— Literary Digest. WGN (720'—Orchestra program. NBC (WJZ)—Nettles program. WLS (870' Family party. WOP, (7201—Music talkies. WSM 650 1— Studio features. —7:15 F. SLOBS—Grand opera miniature. WRVA (1110) Chevrolet program. —7:30 P. SLOBS—Weed chain program. WFAA (8001—Entertainers. WGN (720) —Serenade: features. WHK (1390)—Kibler playboys. WJR (750)—"neat": harmonists. NBC I WJZ)—Morgan trio. WLS (870)—Male chorus. —7:45 P. M.— NBC (WJZ)—Natural bridge program. —8 P. 31. CBS—True storv hour. WBBM (770>— Spelling Eee. WCCO (810 (—Musical program. NBC (WEAF)—Clicquot Eskimos , WLS 870'—"The Prairie President." NBC (WJZ ( program. WTAM (1070)—Fur trap-; pers —8:30 P. M CKGW (690)—Lyric frolic.; WBBM (770)—Bedford pro-; gram. NBC (WEAF) Lampes: Eversharp men. WENR 870)—Feature program. . | WFAA (800)—Poole parade. | NBC (WJZ)—Armovr pro-j eAm. . , ! WTAM (1070)—Friday frol-l lcs. —8:45 P. M.— WCCO (810)—The politi-’ cians. 1

WFBM (1230) Indianapolis 'lndianapolis Power and Light fomnant' FRIDAY P M. s:3o—Big Brother Don. 5:45— Tony’s scrapbook (CBS 6:oo—Arvin heater boys. 6:ls—Santa Claus. 6:3o—Evangeline Adams (CBS' 6:45—H H. Mayer melodists. 7:oo—Hoosier poet hour. 7:3o—Capitol clothes program. B:oo—Silent, order Federal Radio Commission. p. WKBF (1400) Indianapolis (IndianaDoli* FRIDAY 4:00—Colonial Furniture Company’s “Santa Claus.” 4:4s—Nev.s Pashes. s:oo—Town Ton'cs. s:2o—Hatfield Electric program. s:3o—Concert music. . , , 6 00— Dirfner time with Connie and his orchestra. 6:ls—Soueege & Whoostt. 6:2s—Little Stories of Daily Life. 6:3o—Smiling Ed McConnell. 6:so—Cecil and Sally. 7:oo—St'ent. B:oo—William H. Bloch program. B:ls—Ollendorff Watchmakers. B:3o—The Regal program. I 9:oo—Wilkinc's “Sue Carolyn” program. 9:3o—Arvin Heater Beys. 9:4s—Connie and his orchestra. 10:00—A1 and Don. io:ls—Quick Tire Harmony Bovs. 10:30—Harry Bason’s “Cycle of Memories.” 11:00—I. A. C. orchestra. * 11:30—Dale Young’s organ request club. 12:30—Charlie Flagler. ■ 12:45—Sign off. WLW (700) Cincinnati FRIDAY P. M. 4:oo—Tetley Tea hour (NBCU 4:29—Time. 4:3o—Salt and Peanuts. 4:4s—Nothing but the Truth. 4:s9—Time. s:oo—Lionel program (WORI s’3o—Football forecast. 6:oo—Pepsodent Amos ’n* Andy (NBCI. 6:ls—Vapez program (WORI. 6:3o—Phil Cook, the Quaker Man (NBCt R:4s*-Brownbilt Footlites (NBCi. 7:oo Nestles program (NBC>. 7:3o—Hoosier Editor. 7:4s—Smith Brothers program. B:oo—Heatrolatown. B:3o—Armour program (NBCi. 9:oo—Kingteste Sonneteers. 9:3o—Vox Humana. 9:s7—Weather. 9:s9—Time. 10:00—Variety. 10:15—Hotel Gibson orchestra 10:30—Castle Farm orchestra, 11:00—Musical novelesque. 12:00 Midnight—Hotel Gibson orchectra. A. M. 12:30—Time announcement: sign off. Day Programs WFBM (1230) Indianapolis 'lndianapolis Power and Light Company 1 SATURDAY A. M. 7:30-Pep Unlimited Club. 9:oo—Columbia trio (CBS'. 9:3o—Salon orchestra (CBSI. 10:00—Dessa Bvrd at organ 10:30—Philharmonic symphony orchestra (CBS'. 11:15—Army-Navy bootball game (CBS). P. M. i 2:ls—Jim and Walt. 3:00 to s:3o—Silent. WKBF (1400) Indianapolis (Indianapolis Broadcasting. Inc.) SATURDAY A. M. 6:3o—Wake-Up.

FRIDAY

—9 P. SLICES—The radio follies. WBBM (770 1— Paul Whiteman's orchestra. WDAF (610 1— Pickwick program: orchestra. jWENR (870)—Musical travei loeue. WGY (790>—Musical pro- ! gram. NBC (WEAF)—Crime sketch NBC (WJZ) Armstrong Quakers. —3:30 P. SLOBS—Rhvthm choristers. KYW (1020 1 The Senior Partner. wcco (810)—Popcorn revue NBC (WEAF)—R. K. O. program. WGN (720)—The Girls. WJR (750) Dancing Round! the World. NBC (WJZ( “Under the; Jolly Roger." WMAQ (6701 Northwestern, singers. WSM (650)—Plymouth World i Tour. ! —9:45 P. M.— KYW (1020)—Hvdrox SparkI lers. | CBS—Phoenix program. —lO P. Sl. KDKA (980)—Sports. KYW (1020) News; "State, : Street.” CBS—Musical Aviators. !NBC (WEAF) Lopez or- ; chestra. ! WGN (720) Tomorrow's Tribune: Hungry Five. WGR <ssol—Palais Rova. orchestra. 'WGY (790 Krooners; Peyton's orchestra. lAmos ’n’ Andy (NBC) to , WENR. WDAF WHAS ! WSM WSB. WMAQ i KTHS. ! WJR (750)—News: FlorenI tine orchestra. NBC (WJZi— Slumber music. WTAM (1070) Dance pausicI midnite melodies. —10:15 P. M—WMAQ (670)—Daily News I orchestra. | WRVA (1110) —Richmond or- | chestra. —10:30 P. 31. KSTP (1460)—Musical featI ures. KYW (1020) —Wayne King's i orchestra.

6:4s—Church Federation morning worship. 7:oo—The Musical Clock. 7:3o—Colonial Furniture Company’s “Santa.” B:oo—Breakfast Club. 8.01—“ Blue Blaze” program. B:3o—Majestic “Theater of the Air.” 9:oo—Woman’s hour. 9:os—Drink More Milk. 9:ls—Fashioncraft melodies. 9:3o—Virginia Sweet Foods program. 9:so—Standard Nut Margarine cooking chat. 10:00—“Coffee Cup” program. 10:20—Circle theater organlogue. 10:45—Capita! Daily News. 11:00—Sander & Recker’s Decorator. 11:10—Wilson Milk talk. 11:11—Harry Bason at the piano. 12:00 Noon—Batesville Furniture hints. P. M. 12:15—Crabbs-Revnolds-Tavlor. 12:30—Livestock markets. 12:35—Butter and egg market. 12:40—Twenty minutes With Vaughn Cornish. 12:55—The “Service Man.” I:oo—lndiana theater stage show. 2:ls—Silent. 3:ss—Afternoon announcements. WLW (700) Cincinnati ** SATURDAY A. M. s:s9—Time 6:oo—Morning exercises. 6:3o—Quaker Crackles man (NBC. 6:45—J011y Bill and Jbue (NBC). 6:s9—Time. 7:oo—Morning exercises. 7:ls—Organ program. 7:3o—Devotions. 7:4s—Our Daily Food (NBC'. B:oo—Crosley homemakers hour 9:oo—Organ and soloist. 9:3o—Livestock reports. 9:4o—Morning medleys. 10:15 —Marie Holly, soloist. 10:30—Live stock reports. 10:45—River reports. 10:55—Time signals. 11:00—Organ program. 11:19—Time. 11:20—Hotel Gibson orchestra. • 11:45—National farm and home period (NBC). P. M. 12:30—Keystone Chronicle (NBC), 12:45—Hotel Sinton orchestra. 1:15—To be ahnounced. 2:oo—Classic gems (NBC). 3:oo—Merrv makers (NBC). 3:15 Pacific feature hour (NBC)

Fishing the Air

“A Night in the Barracks,” featuring old army songs and marches. wtU be presented as the Old Company’s program, which will be broadcast over WEAF and an NBC network Friday at 6:30 p. m. A male quartet will contrast the famous old English ballad. “Drink to Me Only With Thine Eyes,” with more spirited popular airs of today in the College Memories program, which will be broadcast from W'EAF and #the NBC Chicago studio Friday at 6:15 p. m. “Breath of April,” a vocal arrangement of “To Spring, by Edward Grieg, will be sung by Jessica Dragonette, soprano, when she is heard with the Cities Service concert orchestra and cavaliers, over WEAF and an NBC network Friday at 7 p. m. Selected arias from the operatic works

—10:30 P. M.— WDAF (610)—Dance program. . _ WENR (870)—Mike and Herorchestra WGN • (720)—WGN svmhonv: dance orchestra. WMAQ (670)— Dan and Sylvia WSM (650)— Novelty players —ll P. M.— iKYW (1020)— Spitalny’s or- | chestra. . CBS—Lown's orchestra. KTHS (1040) Reader: plan--Ist. KMOX (1090)—Dr. Cu-Cu i and Cocoanuts. | WCCO (810)—Long's orchesIWENR (870)—Air vaudeville (2 hours). _ INBC WEAF)— Jimmy Gar--1 riean’s orchestra. ’ I WGN (720)—Coon-Sanders Nighthawks; Drake orchestra. i WJR <7so' —Organist. 1 WMAQ (670)—Sherman’s orchestra (3 hours). | NBC (WJZ)- Florence Richardson's orchestra. —11:15 P. M.— WSM (650)—Dance orches- ; t.ra: piano twins. I WBBM (770)—Around the | town (2 hours). —11:30 P. M.— 'CBS- Midnight melodies. NBC (WEAF)—Joe Morgan’s orchestra. WJR (750)—Bergin orchestra. NBC (WJZ)—Horace Heldt's orchestra. WTAM ilo7o)—Dance music. —11:45 B. M—WDAF (610) Nighthawk frolic. —l2 P. M KSTP (1460)—Dance program. KYW (1020)—Panico’s orchestra: Hamp’s orchestra. —12:15 A. M.— WTMJ (620)— Night watch. —T2:45 P. M.— KYW (1020)—Panico's orchestra. —1 P. M.— KFI (640)—St. Francis orchestra.

THE INDIANAPOLIS TIMES

of Mozart.'Verdi. Fiotow and otheri will comprise the Grand Opera Miniatures firogram to be broadcast over WABC and he Columbia network from 7 to 7:30 p m.. Friday. Adele Vasa, soprano: Barbara Maurel. contralto; Theo Karle. tenor: Kenvon Congdon, baritone, and the Columbia symphony orchestra will be heard. HIGH SPOTS OF FRIDAY NIGHT’S PROGRAM 6.15—N8C (WEAF)—College Memories. .7:OO—NBC (WEAF)—Cities Service concert. i NBC (WJZ)—Nestle program. 8.00 —Columbia—True Story Drama. NBC (WJZ)—lnterwoven Pair, 8 30— NBC (WEAF)—Lampe's Eversharp orchestra. NBC (WJZ)—Armour hour. 9:oo—Columbia—Radio follies. 9:3O—NBC (WEAF)—RKO hour. 11:30—NBC (WJZ)—Horace Heidt orchestra. Harriet Lee. contralto, will be featured during the Weed Tire Chain program to be broadcast from WABC and the Columbia network from 7:30 to 8 p. m.. Friday. “Do You Know My Gardes?” will be heard as a baritone solo during the broadcast of the Natural Bridge Revue over WJZ and an NBC network, Friday at 7:15 p. m. "The Coming of the Killers” will be dramatized by Bill Sweets over the Co-lumbla-WABC network from 8 to 9 p. m.. Friday as the feature of True Story hour. Mary and Bob. radio’s adventurers, will be heard in the prologue. Joseph Koestner’s orchestra and a chorus of twenty voices will join in presenting a medley of Victor Herbert waltzes during the broadcast of tire Armour program from WJZ and the NBC Chicago studios, Friday night at 8:30 o’clockSelections from Victor Herbert’s operetta, "Naughty Marietta.” and bits from outstanding musical comedies are heard on the program to be broadcast by the Armstrong Quakers over WJZ and an NBC network, Friday at 9 p. m. The Watson Sisters, comedy team, will be the guest artists for the RKO Theater of the Air. which will be broadcast over WEAF and an NBC network Friday at 9:30 p. m. Selections from the operatic works of sucu composers as Massenet. Gounod and Bizet wil be played by the Slumber Music ensemble under Ludwig Laurier’s direction, Friday night at 10 o'clock. ESKIMO GIRLS ENTER IN BEAUTY CONTEST Title ‘Miss Northwest Territories’ Is Sought at Trading Post, By Times Special WINNIPEG, Man., Dec. 12.—Just what feminine pulchritude there may be north of "53," Andrew Brown, trader of Bear Lake, Northwest territories, is going to ascertain. Baker Lake is an isolated Chesterfield inlet trading post 350 miles north of Churchill, the terminus of the Hudson Bay railway. To make the winter pass, Brown is staging a beauty contest among the ladies of the Eskimo tribes in his neighborhood, he wrote a friend here. Already, he has secured nine entries from shiny-faced, blackhaired girls and he expects many more. A mirror, scarcity in the Arcfrequently come into their territory. Eskimo girls, Brown believes, are taking a greater interest in personal adornment since white men 'more rfequently come into their territory. Many of them have taken to wearing skirts, and not very long ones. He promised to send civilization a picture of “Miss Northwest Territories.”

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MELLON, AGING, WONT GIVE UP CABINET POST Denies Anew He Intends to Resign as Secretary of Treasury. BY RAYMOND CLAPPER United Press Staff Correspondent WASHINGTON, Dec. 12. The unique position which Andrew W. Mellon achieved as the oldest cabinet officer in service after James J. Davis resigned this month as secretary of labor is emphasized anew by word from his intimate friends that he hopes to continue throughout the Hoover administration. He is the only survivor of the cabinet that came in with the return of the Republicans under Harding in 1921. This week the report that Mellon soon would retire was revived, but it was denied authoritatively. It has been denied repeatedly, and once President Hoover sought to end it for all time by announcing that Mellon could remain on as secretary throughout his term. Happy to Keep Job Mellon’s last public word on the subject was when he quoted Benjamin Franklin to say, "I am afraid I am deficient in the virtue of resignation.” - Inquiry discloses that Mellon, through not sharing the confidence of the White House as he did under President Coolidge, is happy to keep on his job. It is described as his only active interest now. He is one of the three or four richest men in the country and is content with what wealth he has. He Is too old to run for President —he will be 76 in March. His friends say that if he quits work now it might be ruinous to his health. Still Walks to Work Mellon still walks to work from his apartment on Massachusetts avenue. He Is in his office by 9 o’clock and remains until 6 or later. Mellon’s position has become less conspicuous in the last two years. Many of his friends wish he had resigned at the end of the Coolidge administration, rather than to drift into a less powerful role. However, Mellon is much in the position of an elderly man with a hobby and who is determined to hang to it, no matter what happens. AIR PILOT IS KILLED Instructor’s Plane Goes Into Tailspin; Pupil Injured Severely. By United Press PAINESVILLE, 0., Dec. 12. Maynard Morse, 26, of Painesville, aviation instructor at the Lake county airport near here, died today from injuries received Thursday when he was unable to bring his plane out of a tail-spin. Lawrence Chaffee, 30, an aviation pupil who was in the plane when it fell, is in a hospital here, seriously injured.

WYSONG IS SPEAKER State Insurance Commissioner Talks at National Convention. By Times Special NEW YORK, Dec. 12.—" The goal of legal supervision of insurance

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Clarence Wysong, Indiana Insurance commissioner and president of the National Convention of Insurance Commissioners, addressing the annual convention of the Association of Life Insurance Presidents here today.