Indianapolis Times, Volume 42, Number 218, Indianapolis, Marion County, 20 January 1931 — Page 9
JAN. 20, 1931.
MARY PICKFORD FADES AS LURE TO BOX OFFICE Lack of Appeal Shown by Two Recent Picture Failures. K-U Times Special NEW YORK. Jan. 20.—The unhappiest woman in Hollywood ia—believe it or not—Mary Pickford. Mary la a victim of box office blues, the woret affliction that can beset a movie personage. “She has her fortune, she has her lovely home,” says Photoplay
magazine. "She has had fame and adulation for years. But the cold breath °f failure blows much too close to her now.” Miss Pickford’s most recent productions. “Coquette” and "The Taming of the Shrew,” have made almost no money. In the
Mary Pickford
movie based on Shakespeare's play >he was teamed with her husband, Doug Fairbanks, a combination that was expected to be unbeatable. But, as Hollywood knows, it was beaten Well in the box offices. "It Isn’t personality or beauty or brains that rule Hollywood,” Photoplay points out. “It’s box office pulling power, that, and no more. The star who gets the gate at the theaters will never get the gate at the studio. But the star or director or song writer or scenarist who doesn’t, will, “Box office is the one thing in Hollywood everybody talks, thinks and works for. Yet nobody knows what it is or what it takes. The man who could be sure even 80 per cent of the time could be a oillionaire In less time than it takes to write the zeros.” The one Hollywood star who can do exactly as she pleases, is Greta Garbo. She can work when she wants to, have any story she wants, pick her own directors and her leading men, and even select the carpenters who hammer nails into the sets before which she does her stuff. The reason for all this freedom Is that she Is one of the biggest box office sensations that ever hit the movie world. A year ago Jack Gilbert was about as powerful as Garbo, the magazine article says, but he failed to click in the talkies, whereas she enhanced her reputation and her drawing power with her voice. Now he has lived to see his name given second place on billboards where once the big type was his.
Aviation
Tour to Aid Red Cross NEW YORK, Jan. 20.—Will Rogers, humorist, and Captain Frank Hawks, noted flier, will leave Wednesday on a barnstorming tour through Oklahoma, Texas, Arkansas and Louisiana to give performances in the interests of the Red Cross relief fund, it was announced today The tour will last until the middle of February. Hawks will pilot a plane from city to city, carrying Rogers as passenger. The first performance will be given at Little Rock, Ark. Pilot Is Operated On Goodwin Weaver, pioneer aviator of Indianapolis and at present a pilot with the TranscontinentalWestern Air lines between New York and Columbus, is confined at the Methodist hospital here recovering from an appendicitis operation. He was taken ill in Pittsburgh, Pa., flew his ship to Columbus and was rushed here immediately. He ia the son of Mrs. Laura Weaver, 353 South Audubon road. Marriage Licenses WllUard D. Armatasre. 62, of 1740 Central. salesman, and Martha E. Wlnitar. 51. of Hotel Barton, clerk. Franklin E. Krause. 22. of 320 East Thirty-eighth, salesman, and Bernice E. Richardson. 21. of 2804 North Talbott, stenographer. Myron R. Koehne. 21. Os 846 North East, secretary, and Josephine L. Nussel, 21. of 821 East Walnut. Hubert C. Detrick. 34. of 1505 College, knitter, and Susan J. Rinehart. 20, of 821 South East. Alvin Hill. 24. of 1127 East. Fifteenth, laborer. and Ethel Mason. 25. of 1130 East Twenty-second, cook. \ Slaying to Be Probed MICHIGAN CITY, Ind., Jan. 20. —A La Porte county grand jury Wednesday will. investigate the slaying of Tillman R. Hufflne, 53, by his stepson, James Barnes, 21. The younger man says he shot Hufflne after his own life was menaced.
llri SOOTHING 2 MILDLY LAXATIVS I 111 3 CHARS AIR PASSAGES Jj \VV I M Checks and Double- I SYDtID ! I checks Cough. I “ *” V,r ■ MAOISV TH£ makeis Or a 'l caught an over-size cold while on g SB. COUGH DROPS I duty. I coughed and sneezed like a I. . Poughkeepsie | reeiment- A druggist gave me some | N.y Smith Brothers Cough Syrup. It — msaam a actually took only a couple of minutes—and I felt better. My cough fMSA was lighter, the ‘grippy’ feeling left (EV3|| me. I took Smith Brothers’ twice IBaYTv/ more and cough and cold made a quick getaway. ”C. F. Schulze, Peoria, IIL hHBHBSSfIBBMMBHHBHi
Times Radio Dial Twisters
STATIONS Or THE NATIONAL BROADCASTING COMPANY WEAF Network WJZ Network kdka m i kths io*a won 97* / won tso t wjz tso . wsai lm CKGW 9* ( KVOO 11*0 WCKY 149* WGT HO I jnk #7O ’wi 70 KOA AM I KWK 1350 WD ir 010) WHAS M 0 700 . WSM 000 KPRC 551 K-W 1020 WEA r 00 1 WHO 1000 I WOC toon WTAM 170 USD 500 | WUAL 1000 I WENR *7O I WTBO 500 I WOW 500 I WTJC I*oo KSTP 1400 I WBAP 800 WTAA 300 ' WJK 750 1 WRVA 1110 I WWJ 920 STATIONS OF THE COLUMBIA BROADCASTING BYSTEM WABC *OO ' WBBM 770 - WKRC 580 WOWO 1100 WCCO *lO ROIL 12*0 WPG 1100 I WMAO 070 1 WlAtf * * WFTW 940 I CKAC 780 I KMOX 1090 WBT 10*0 I WJJD 1130 I KELP 1040 I WTBM 1230 I WLAG 1470 I CPRB 980 TUESDAY —7 P. M- — —0 P. M NBC (WEAK) —Blackstone WENR (6Toi—Home Circle KSTP (1480) Orchestra; program. conc€rt feature. WON (720>—Syncope tore. NBC (WEAR)— B. A. Rolfe’a WENR (870)—Mike and HerNBC (WJZ)—Wayne King’s orchtra man. Purol concert. NBC (WJZ) Westtnghouse NBC (WEAR)—Lopez orehesx, - Salute. tra —7.15 r. w.— WMAQ (870)—War sketch. WON (7201—WON SyneopaWLB (8701—Eddie ouest _ „ tors, poems. —:!5 P. M.— WGY noi—Organ; Ken- — <:3O F. X. wbßm (770) Bemle'a or- more orchestra. KDKA (980)—Musical lea- chwtra ° f WMAQ (870)-Dan and Bylture WGY (790)—"Kaleldscope.’’ vsnii; .Via Dago orchestra. KYW (1020)—World tour. _n p. jk.__ CBS—The news. —9:30 P. M.— T NBC (WEAR) Rlorsheim NBC (WEAR) —Larry Runx s frolic Coon-Sanders or- CBS—Paramount hour. , „ chestra WFAA (800)—World Tour. KSTP (1460)—Organ; dance won (inni—Banker* life WGN (720)—The Girls. music, program NBC (WJZ)-Cuckoo. WCCO (310)-Gate’s orchsswfAM (1070) Sohlo pro- -9:45 p. M.- WENR (*7O)-Air yaudevllle —7:45 P. M.— KYW (1030)—Merry oar- —l*7? h ,nrnl_n„.rt.G nr ... . _ . . , Hgn'i ore WFAA (800)—QUEYtft. orCBS—Premier orchestra. ■ ore chestra. NBC (WJZ)—Aunt Lulu's p. M.— WON (720) Nlghthawks: adventures. Drake orchestra. a- „ KDKA (980)—Sport: review. WJK (750)—Bergin's or- —* P. M KYW (1020)—News; "State chestra. KSTP (1460)—World tour. Street.” NBC (WJZ)—Spltalnv’s or-CBS—Henrv-George. CBS—Tremaine’s orchestra. chestra. WBAP (boo)—Concert or- NBC (WEAR) Ellington’s WMAQ (670)—Sherman’s orchestra orchestra. chestra (three hours). WDAF (610)—Cook Boys. WGN (720) Tomorrow's —n-ts p M or* WBBM m,-!,„ wjft (730)—Manuel Girls. „ Town Uwo hour *'- NBC (WJZ)— Household pro- WJR ( 750)-News- Hungry —11:80 P.M.— wlb (870)— Diamond Jubl- A KT H s n ' A WSB ' N^VENR> (WBApT^bm’s lor-ISe 1 or--IS - 8:30 P. M- ffiA. WDAF. WMAQ! - TKYW (1020)— Berry pro- „ chestra. gram; Klee dance. *; —11:45 P. M.— WBBM (770)—Tom Gerun’s WDAF (610—Varied dance wnAK _ wi-hthawk orchestra. program. W £AF (610) Nigntnawg NBC (WEAF)—Happy Won- WSM (650)—Ensemble; trio. Iroll L l2 Mldnlrht—der Bakers. —10:30 P. M.— “ f , _ NBC <WJZ)-Death Valley WGN (720) -Hungry Five. W ? r che S t S rl° ,_P ‘ l&ls Bowl CBS-iphllco symphony. —10:30 P. M— KYW (10201-0. g. Oarden’s WSM (650)—Chevrolet pro- KDKA (980) Bestor’s or- orchestr4 ' gram chestra. —12:30 A. M.— —8:45 P. M.— - KYW (1020)—Panlco’s orK ( 10201-DanC ® pro ' KYW 1 *0020)—’Wayne King’s chestra _ 1 p n n u orchestra. CBS—Morton Downey; Ar- KYW fl 020) Hamp’s orMrs. nold’s orchestra. chestra (oce hour).
WFBM (1230) Indianapolis (Indianapolis Power and Light Company) TUESDAY P. M. s:ls—Barclay orchestra (CBS). s:4s—Tony’s scrapbook (CBS'. 6:00 to B—Silent. B:oo—Henry-George (CBs>. 8:30—Phllco program (CBS). 9:oo—Graybar’s Mr. and Mrs (CBS), 9:ls—Gypsy trail (CBS). 9:3o—Paramount-Publlx hour (CBS). 10:00—Paul Tremaine orchestra (CBS). 10:30—Morton Downey and orchestra (CBS) 11.00-rTlme. weather. 11:01—The columnist. 11:15—Atop the Indiana roof. 12:00 —Coopers’ dance music. WKBF (1400) Indianapolis (Indianapolis Broadcasting. Ine.) TUESDAY P. M. 4:3o—Afternoon announcements. 4:4s—News flashes. 5:45 —Dinner music with Connie’s orchestra. s:ss—Oscar C. Wright’s "Investor’s scrapbook.” 6:lo—Fletcher American program. 6:23—Little stories of dally life. 6:3o—“Smiling’’ Ed McConnell. 6:so—Cecil and Sally. 7:oo—Rose Tire Buddies. 7:3o—Oak Grove ensemble. B:oo—ClifT and Lollv. B:3o—Connie and his orchestra. B:4s—The old back porch. 9:oo—Wm. H. Block program. 9:ls—Wilson’s premium program. 9:3o—Armory boxing bouts. 10:30—Jewel Box. 10:45—Connie’s dreamers. 11:15—Sign off. WLW (700) Cincinnati TUESDAY P. M. 4:oo—The Old Rocking Chair 4.29—Time announcement. 4:3o—Happy Lawson. 4:4s—Bradley Kincaid. 4:ss—Curtiss Candy talk. s:oo—Cookies White Villa Farms orchestra. s:ls—University of Cincinnati series. 6:3o—Berry Brothers program. s:4s—Literary Digest topics In brief— Lowell Thomas (NBC). 6:oo—Amos ’n’ Andy (NBC). 6:15 —Tastyeast Candyktds. 6:3o—Phil Cook, the Quaker Man (NBC). 6:45—0hi0 State department of education night school 7:oo—Pure OH concert (NBC). 7:3o—The Werk Bubble Blowers. 8:00—Old Gold character reading (WOR). B:ls—Variety. 8:30 —Chevrolet Chronicles. 9:oo—The Cotton Queen. 9:2o—Weather. 9:32—80b Newhall sports slices. 9:ls—lsham Jones and his orchestra. 10:00—Granite hour. 11:00—Castle Farm orchestra. 11:20—Organ program. 12:00 Midnight—lsham Jones and his orchestra. A. M. 12:30—Sign off.
Day Programs
WFBM (1230) Indianapolis (Indianapolis Power and Light Company) WEDNESDAY A. M. 7:3o—Pep Unlimited Club. 9:oo —Aunt Sammy. 9:45 —Dessa Byrd at the organ. 10:15 to 12:00—Silent. Constipated Instead of habi t- forming p hyaiea#k r strong, irritating purges Jr AKtC take-NATURE'S REMEDY# IOK NT—thesafa, dependable, oil- # ■EI Wk vegetable laxative. Mild. / T _ ~l rllT gentle, pleasant— lß— to- / TO'NIGH I night— tomorrow TO-MORROW Get a 85c box. • AUUGHt 77b* All’Vegetable Laxative
P. M. 12:00—Farm Network (CBS). I:oo—Jim and Walt. I:3o—American School of the Air (CBS). 2:oo—Dorothy and Louise. 2:ls—Saloon orchestra (CBS). 2:3o—Two Thirty Tunes. 3.00 to s:3o—Silent. WKBF (1400) Indianapolis (Indianapolis Broadeasting, Ine.) WEDNESDAY A M. 6:3o—Wake-up band program. —Church federation morning worship. 7:00 —Musical clock. B:oo=Break^t , C^ub OmP ‘ ny PrWam ’ B:ls—Helpful mdtor hints. 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. 10:10—“Cup Coffee” program. 10:15—W. H. Messenger furniture program. 10:20—Circle theater organlogues. 10:45—Capitol Dairy news. 11:00—Messenger program. P. M. 12:03—Things worth while. 12:15 —Crabbs-Revnolds-Taylor. 12:30—Livestock markets. 12:35—Butter and egg quotations. 12:46—Fifteen minutes with Vaughn Cornish. 12:55—The “Service Man.” I:oo—Marott Hotel concert. I:3o—Musical chef. I:4s—Block’s fashion stylist. I:ss—Union Ice and Coal program. : 2:oo—Silent. 3:40—H0-Po-Ne Safety Club. WLW (700) Cincinnati —WEDNESDAY— A. M s:3o—Weather forecast. 5:35 —Top o’ the Morning. s:s9—Time announcement. 6:oo—Morning Exercises. * 6:ls—Don Becker. 6:2s—Weather forecast. 6:29—Time announcement. 6:3o—Bradley Kincaid. 6:45—J011y Bill and Jane (NBC). 6:s9—Time announcement. 7:oo—Morning exercises. 7:ls—Organ program. 6:3o—Morning devotions. 7:4s—Our Daily Pood (NBC). B:oo—Crosley Homemakers hour—Horoscopes.
KONJOLA GAVE LASTING HELP Indianapolis Man, 111 For Years, Wishes To Tell Experience With Famous Medicine. Konjola is not designed to afford mere temporary relief. It strikes far deeper tlian that, and by attacking the source of the ailment, removes the causes.
j | MB. HENRY HOCKERSMITH. The thirty-two ingredients of this famous medicine all work together and cleanse the system of accumulated poisons. Read the experience of Mr. Henry Hockersmith, 804 Hamilton avenue, Indianapolis, and then see the Konjola Man at the Hook Dependable Drug Store, Illinois and Washington streets, this city. He can cite you many 6uch instances. Here is the statement made to the Konjola Man by Mr. Hockersmith: “I suffered for a great many years with a complication of ailments. I had little appetite and my stomach Was so weak that I bloated severely after meals and my heart action was affected. Frightful back pains and frequent night risings disturbed my sleep. Pains in my shoulders and limbs worried me. My liver was sluggish nad I had severe dizzy spells and was badly constipated. "Finally, after many failures, a friend induced me to try Konjola. I improved in health from the beginning and today my stomach and kidneys are perfectly normal. I am no lnoger constipated and my liver is working perfectly. Although I am past 80, and it has been several years since I took Konjola, I still am in perfect health.” Konjola is free from alcohol or harmful drugs—any one can take it. The Konjola Man is at the Hook Dependable Drug Store, Illinois and Washington streets. Indianapolis where he is meeting the public daily. FREE SAMPLES GIVEN —Advertisement.
THE INDIANAPOLIS TIMES
B:ls—Crosley Homemakers hour; kirk Milling program. 8:10 —Crosley Homemakers hour. Vermont Lumberjacks (NBC>. B:4s—Crosley Homemakers hour. Florence Mary 7 'Hale”' Martin’a household (NBC). 9:ls—Organ program. 9:3o—Livestock reports. 9:4o—McCormack Old Ttese Fiddlers. 10:00—Vocal ensemble. 10:30 Hilly and Billy. 10:45—River reports. 10:85—Time signals. 11:00—Organ program. 11:19—Time announcement. 11:20—Isham Jones and his orchestra. 11:50—Livestock reports. 12:00—National Pam and Home Period (NBC). P. M. 12:30 —Woman’s Radio Club. 12:45—Organ program by Pat CMlllek. 12:57—Egg and poultry reports. 1:00—School of the Air. I:s9—Weather forecast. 2:oo—Edna Wallace Hopper (NBC). 2:ls—The Matinee Players. 2:3o—Evening Stars (NBC). 3:oo—Nothing But the Truth. 3:ls—The World Book Man. 3:3o—Livestock reports. 3:4o—lsland Serenaders.
Fishing the Air
Pour tones that were at the height of their popularity years ago will be sung by Prank Crumlt during the Blackstone Plantation broadcast over WEAF and stations associated with the NBC Tuesday at 7 p. m. Seven musical numbers and live comedy skits will be presented during the HenryGeorge broadcasts on the WPBM Columbia network from 8 to 8:30 p. m., Tuesday. Sigmund Spaeth, the new master of ceremonies, will present his original novelty. ' The Musical Adventures of Jack and Jill.” during the Happy Wonder Bakers program over WEAF and NBC network Tuesday at 8:30 and. m. Howard Barlow will conduct a program composed entirely of Russian music In the Philco symphony orchestra concert from 8:30 to 9 p. m.. Tuesday over WFBM and the Columbia chain.
HIGH SPOTS OF TUESDAY NIGHT’S PROGRAM 6:4S—NBC (Central)—Pickard family. 7:OO—NBC (WEAF) —Blackstone program. Columbia—Rhythm choristers. NBC (WJZ) —Pure Oil concert. 7:BO—NBC (WEAF) —Florshelm frolic. Coon Sanders Nlghthawks. 8:00—NBC (WEAF)—McKesson musical magazine. B:3o—Columbia—Phllco symphony. NBC (WEAR)—Wonder bakers. B:oo—Columbia —Mr. and Mrs. NBC (WEAF)—Rolfe’s L. 6. dance orchestra. 9:3o—Columbia—Paramount program.
True adventures of Jimmy Dayton, a famous character of Death Valley, will be the subject of the Death Valley Days dramatization over WJZ and NBC network, Tuesday evening at 8:30 o’clock. The City of Detroit will receive tbe Westinshonso Salute over WJZ and NBC network, Tuesday eveninr at 9 o’clock. A urogram of unusual music, including a medley of Hungarian folk songs from twenty-five vears ago. will be offered by Emery Deutsch and his Gypsy Trail orchestra during the interval from 9:15 to 9:30 p. m.. Tuesday over WFBM and the Columbia network. Ludwig Laurler anb his Slumber Music ensemble will present a program of varied classical selections during the broadcast to be heard over WJZ and NBO network, Tuesday evening at 10 o’clock. Filling Station Padlocked By Times Special RUSHVILLE, Ind., Jan. 20.—An order in Rush circuit court here by Judge John A. Titsworth padlocked for one year a filling station at Dunreith, operated by George O, Melia, as a result of liquor law violation.
jtyVicfor Record JlrUsts* j E One Weelc Only, Starting ! 5 Sunday, January 25th / 35c Before 8:30 P. M. jk KL INDIANA Jffi ROOF JH AMUSEMENTS ~~
823 E SATURDAY ON THE STAGE Smashing Double Heediiae* 5 • JUNIOR DURKIN Kiddie Star of the late “Tom Sawyer “ IN PERSON FOX-HOBBS * SERENADERS Vaudeville’s Most Versatile Orchestra < APTS KtiO VAUDEVTT.T.g M . m 1 WOM€N ■—war BIGGEST SHOW IN TOWN 333331 ON THE STAGE SALT and IFV^uts a MM’! IT TED and AL, GERALDINE WALDMAN and JOE in “Blu-o-logy”| Kiddle Star* 4 AALBU SISTERS and 808 CARTER Youth—Beauty—Talent JACK and JOE JERRY KELSO Colorful Romance—Darin* Adventure '* Ts" [ THRILLS! fIT |Mi ACTION! Hu Iy[ HE DRAMA! with EDMUND LOWE niure every night UAnvC free to patrons l:ric ballroom
CUBA’S CHIEF DEFENDS RULE IN INTERVIEW National Finances in Best Shape in Years, Says Machado. By United Press HAVANA, Jan. 20.—An early business revival in Cuba, where national finances were declared to be In the best shape in years, was predicted by President Gerardo Machado in an hour’s discussion of the Cuban internal situation today with Karl A. Bickel, president of the United Press. President Machado asserted emphatically that the national credit of Cuba absolutely is sound; that every dollar of interest and principal on the Cuban national debt will be paid promptly; that all amortizations and sinking fund requirements are being met carefully. The Cuban president analyzed the difficulties facing the republic and did not underestimate them. He said that most of the elements opposing his regime basically are communistic. He explained how, under the Cuban press law, he had been compelled to suppress some of the oldest newspapers in Havana, but added that there would never be any censorship of outgoing news during his administration. Discussing the financial situation, President Machado said that every dollar invested in Cuban national obligations is safe and sound. Jail Breakers Still Free By Times Special SOUTH BEND, Ind., Jan. 20. Three of five prisoners who escaped from the St. Joseph county jail here Monday are still at large. They are Edward O’Brien, Frank Lucas and Howard Miller. County commissioners began consideration of plans for anew jail a few hours after the break. Anderson Man Kills Self By Times Special ANDERSON, * Ind., Jan. 20. Worry over financial difficulties and ill health are believed to have caused Oscar Hostettter to kill himself by shooting.
MOTION PICTURES LAST DAY! “DERELICT” with George Bancroft Tomorrow—" Widow Horn Chicago” Doors Open 9:45 A. M.
January Festival Hit No. S CHESTER MORRIS in Boland West’s , STARTING SATURDAY WARIEDDESSLEITjf^IVJI
Adults to 1 P. M 85* j Children Always TV 15e mo j HURRY 1 JUST 4 MORE DAYS! Janet GAYNOR Charles |FARRELL In "THE MAS WHO CAME BACK" NEXT SATOMMY
r P -B IVLOTHER SI I CRY i H Most sensational screen aßt BR\ drama in past 5 years— AH From Helen Grace Carlisle's famous novel. .pJ| |H\ Starting Saturday Jsigi H “The Royal flß\ Family oS Sm ||Broadway ,, | cmciJE]
On the Stage BIN HoY RUBIN H Comic Star “Montana Moon I IN PERSON FBANK RADCLTFFE AND 808 gg “THE 810 SURPRISE” BILLY WELLS AND Q H FOLB FAYS B I CAESAR” n Is Coming Saturday
Signs for ‘H. H. ’
ip I \I Hi jm ,
Just because the signature Is “Herbert Hoover,” it doesn’t follow that it was written by the President. Mrs. Leafle Dietz, shown above, is the only other person in the United States permitted to sign the chief executive’s name. By executive order, she will affix his signature to land patents in the general land office at Washington.
$142,780,000 SPENT BY UTILITIES (or Expansion in Indiana The demand for electric and gas service in Indiana is increasing at an extraordinary rate. To keep pace with this demand public utility companies are constantly obliged to raise new capital for expansion. In 1930 companies in the group controlled by the Midland United Company have invested in this state approximately $23,000,000 in additions and other improvements to the facilities for serving their customers. During the eight-year period, starting in 1923 when the beginning was made in the formation of the group, a total of approximately $142,780,000 has been spent by the present subsidiaries for construction and expansion in Indiana. The question may be asked, 4 ‘Why don’t the public utility companies finance such expansion out of surplus earnings, as is doifte by so many of the industrial and commercial organizations?” The answer is found in the fact that all public utility companies are subject to control of some governmental regulatory body. In Indiana this control is effected through the Public Service Commission of the state. Under such regulation utility, companies are permitted to charge rates for their services which will earn a fair rate of return, generally accepted as being not in excess of 8 per cent a year on such property as is used or useful in supplying the public service. A return at this rate is not guaranteed, however, and it requires diligent and intelligent operation to even approach such earnings. They therefore are not allowed to earn enough to pay for new construction out of current revenues. Due to this regulation and other characteristics peculiar to public utilities the rate of capital turnover is very low compared with other industries. The annual gross revenue of a public utility project rarely exceeds 20 per cent of its investment in its plant and equipment, whereas in unregulated industries the annual gross revenue may often eqnal 500% of the cost of the plant. This means that public utility companies must, in general, raise an additional five dollars of capital for each one dollar increase in their gross business. To obtain this capital from the investing public, utility companies are obliged to compete with all other businesses requiring capital at the same time. This is why an affiliation with a well-known investment or holding company is as asset to the operating company seeking capital. If the time for securing this money at a low cost is not opportune, the holding company advances the necessary funds until conditions are more favorable. Even in more favorable times the holding company is able, because of its sponsorship and because of its established financial reputation with the investing public, to help in securing borrowed capital at the lowest possible cost. ( ’ This is the third of a series of advertisements discussing j I the economics of the public utility business and reviewing I j houi the public is benefited by holding company control. I Midland United Company PRINCIPAL OPERATING SUBSIDIARIES: Northern Indians Public Service Company... Gary Railway* Company Interstate Public Service Company ... Indiana Service Corporation Chicago South Shore and South Bend Railroad .. . Indiana Railroad Central Indiana Power Company’s operating subsidiaries.
TAXES INCREASE TO BE OPPOSED BY COMMITTEE Bipartisan Group Decides to Urge Shifting of Present Fees. Decision to act as a clearing house for all tax relief legislation and to urge shifting of present taxes instead of increasing them was reached today at the first session of the bipartisan tax committee of the house and senate. Members of the committee failed to elect a chairman and contented themselves with discussing procedure in passing on contemplated tax bills. Senator J. Clyde Hoffman (Rep., Marion), chairman of the state tax survey commission, offered to submit recommendations of the commission to the committee. Asa means of expediting tax relief legislation in the senate, LieutenantGovernor Edgar D. Bush has appointed a “steering committee,” which will have charge of all tax legislation in the senate, study all measures and offer suggestions as to their merit. Under a senate resolution adopted unanimously the committee will ask every senator contemplating tax legislation of any kind to submit his bill or idea to the committee. Attorney-General James M. Ogden will be asked to assign a deputy to aid the “steering committee” In framing bills. The committee is composed of Senators J. Francis Lochard (Dem.,
PAGE 9
Dearborn, Jennings. Ripley), chairman; c. Herman Pell (Rep., Clay. Parke); Winfield Miller (Rep., Indianapolis); Frank 8. Southworth ’Rep., Marshall and St Joseph); James D. Brewster (Dem., Floyd and Harrison); Roy M. FTiedley (Rep., Delaware), and Jesse E. Wade (Dem., Vanderburg and Warrick). Edison Leaves for Florida By I'd Press NEWARK. N. J., Jan. 30.—Thomas A. Edison and Mrs. Edison left today for Florida, where the Inventor will continue his experiment* designed to obtain rubber from goldenrod. They traveled in a private car attached to a regular train. No More Hemorrhoids All Pile Agony Ended Without Catting or Salves. External treatments can sot permanently end Piles. Nor do they remove the cause. The cause is Internal—bad circulation of the blood in the lower bowel The veins are flabby—the bowel walls weak—tbe parts almost dead. To quickly and safely rid yourself of piles an Internal medicine must be used to best and strengthen the affected parts. Dr. J. S. Leonbardt. a specialist after years of study discovered a real internal Pile remedy. He named his prescription HEM-KOID, and prescribed it for 1.000 patients, with the marvelous record of success in 960 cases, and then decided every Pile sufferer should be able to get HEM-ROID from their own druggist. Don’t waste time on external remedies or think of the pain and ex pe se of an operation until you have tried HEM-ROID. Hook Drug Ptores will supply you and guarantee monevback if it does not end all Pile misery. —Advertisement.
