Indianapolis Times, Volume 43, Number 121, Indianapolis, Marion County, 29 September 1931 — Page 3

SEPT. 29,1931

DEFUNCT BANKS 1 HAVE $750,000 IN STATE FUNDS Huge Sum Is Tied Up in 35 Closed Institutions Over State. Nearly three-quarters of a million doilars in state funds are tied up in thirty-five defunct banks in Indianapolis and throughout the state, according to figures made j public today from the office of Wil- i liam Storen, state treasurer. Tabulation of the banks and! amounts was submitted to Storen by Charles H. Wells, deputy treasHrer. • Exact amount on deposit in the closed banks to date was given as j $741,353.57. Many of the largest sums were I due the state when Storen took 1 office, but these have been aug- i mented by collapse of banks at Gary and South Bend in which large deposits were held. Wells claims that more than half of the amounts listed are covered by the protection banks are required to make for state fund allotments. A bond for 50 per cent of the amount allotted is required. Among the larger deposits tied up are the following: Washington Bank and Trust Company, Tndlanarolls, *210,514 13. City Trust Company. Indianapolis. $42.270 99; Farmrr* Trust Company. Indianapolis, *05,444.12', Mever-Kiscr, Indianapolis, $84.582 98; Rtudobakcr Bank. Bliiflton, 520.749.85 iclo.*f>d sine* 1027): Central Trust and Raving*, Gary, *20.000: Gary Trust and Ravings, Gary, $37,553.42: First Trust and Ravings. Hammond, $30,000; State Savings and Trust, Indianapolis, $11,759.12; American Trust Company. Kokomo. $47,926; Lagrange County Trust Company, Lagrange. *35.000; American Bank and Trust Company. New Albany, *40.000: American Trust Company, South Bend. $75,000; Union Trust Company, South Bend, S7B,- ! 505.95. Since taking office, Storen has collected $188,265.07 from the defunct institutions or on their bonds. PENNSYLVANIA LINES CONTRACT HUGE ORDER Millions More Spent for Jtleetric Equipment. Orders for the construction of the chassis and mechanical parts of sixty electric freight locomotives were announced today by Pennsylvania railroad officials here. This will constitute part of the equipment to be used when electrification is completed between New. York, Philadelphia, Baltimore and Washington. Electrical equipment for these locomotives and for ninety electric passenger locomotives was ordered last spring at an approximate cost Os $16,000,000. Construction and material costs for sixty chasses ordered today will approximate $2,00,000. Similar parts ordered several months ago for the passenger locomotives cost $4,700,000. GAS THEFT IS PROBED Two Suspects Are Nabbed by Cops; Trace Auto’s Ownership. Two men were arrested by police today after they are alleged to have stolen gasoline from an automobile parked in the rear of an apartment building at 1040 North Delaware street. They were Enos Stevens, 24, of 3906 Tacoma avenue, charged with improper license, no Certificate of title, no driver's license and vagrancy and Henry Glase, 50, of the same address, charged with vagrancy. Police said the men had in their possession an auto which Stevens claimed was his. Purdue to Be Host By United Press LAFAYETTE, Ind.. Sept. 29.—80 y Scouts from central and northern Indiana will be guests of honor of the Purdue university athletic dcpartnunt at the opening doubleheader football program with Coe and Western Reserve here Saturday, it is announced by N. A. Kellogg, athletic director. Preceding the game, scouts will assemble in Lafayette with their several drum and bugle corps for a parade to the stadium, where special seating sections will be reserved for them. Between 2,000 and 3,000 scouts are expected. Denies Camp Backs Dance Captain William E. English camp No. 84, United Spanish War Veterans, is not promoting any dance for charity or carnival for the benefit of soldiers or their dependents, L. E. Swain, commander, stated today. Use of the camp's name in this connection is unauthorized, Swain said.

151 Years Ago Today j A court-martial at Tappan, ! N. Y„ consisting of six ma- j jor-generals and eight briga- j diers, found Major Andre i guilty as a spy and con- j demned him to death. j Funeral Directors 1619 North 1222 Illinois Street Union Street ! TAlbot 1876 DRexel 2551 | f

PS SWOtj T LOVvt W PRICg S

3% Paid on Savings Security Trust Cos. 11l North Pennsylvania Street

R ush Jobs Moke Us Smile Hcndren Printing Cos. Incorporated 470 Century Bldg. Riley 8533 1 1 ■ 1

PETTIS’ MONTH-END SALE

Visit Pettis’ WKBF Crystal Studio—Fourth Floor.

Look For The Ad Wednesday Pages Crowded With Pettis’ 78th Anniversary Sale Opportunities

Pettis’ 78th Anniversary Sale Begins Thursday!

Prices That Will Make Your DOLLARS Bring the LARGEST RETURNS in \ Years

Hundreds of Bargains Right Out of Pettis’ Standard Stocks Priced Low Enough to Move Out in One Day’s Selling. Your Chance to Save On Apparel to Finish Out the Warm Fall Days and Wear Clear Through the Winter. Many Other Necessities Including Odd Lots, Discontinued Lines and Incomplete Size and Color Ranges of Pettis’ Dependable Quality at True Economy Prices!

Bandeau Chemise £Of Run-Resist Rayon Special Tomorrow 79 c Bandeau Chemise in stepin or panty style, fashioned of run-resist rayon with bandeau top of lace or swami. Flesh or peach in sizes 32 to 40. PETTlS’—second floor. Dainty Blouses ®Four Smart Cotton Fabrics Exceptional Values $1.74 Cunning little blouses in the favored cap sleeve and long sleeve styles; smartly tailored in Batiste, dotted swiss, voile and mesh; assorted colors; sizes 34 to 40. PETTlS’—second floor. For the Baby * Mothers! Worthwhile Savings Here Tomorrow! 1/2 Price Regular values from $1 to $2.95 at onehalf their regular prices. Dresses slips, sweaters and other items included! \ \ PETTlS’—second floor. Lovely Silk Lingerie Splendid Qualities *1 V ery Specially Priced (mjm\ to r ' ce \ An °PP° rtunit y to replenish your ward\V ® \ robe of Gowns > Chemise, Stepins, Panties, r&WkrMrw*' y Costume Slips and Pajamas at savings from )AL ho/ / one-third to one-half. French crepe and l / cre P e de chine; broken sizes. II f|/A PETTlS’—second floor.

Innerbelt Corsets Specially Priced f*¥ $2.49 Fashioned of fine, soft batiste with brasM siere top of swami; detachable shoulder straps and inner belt with side lacing fcr V | iatl adjustment. Sizes 36 to 46 bust. Vi / >! $3.50 Side Hook Girdles \ 1 / ¥ Os fancy rayon brocade, boned do * q and fitted. Sizes 28 to 36 P“***v — PETTIS’ —second floor. Canton Crepe Heavy Weight-Lustrous Quality—Very Special \ $1 Yd. \ \ \ \ 39-Inch width Canton \ \\ ,* Crepe in a large assortment of new shades, ready to be made up into smart Fall PETTlS’—street floor. ‘Cloth of Gold’ Prints New Fall Patterns at a ![/ 21c Yard Sf 36-Inch width, fast colored material of exceptional quality; in beautiful new Fall prints in colorings flattering to all. PETTIS’ —street floor. Linene Bridge Sets Buy Several for That Bridge Party This Winter 69c jygHj A regular 98c value. Splendid quality, smooth fine weave; come in a range of pastel tones; very spefyr ciallv priced tomorrow. Heavy Chenille Lid Covers * 4 Regular $1.29 values; rose, gold, blue, orchid and 1 green. Special w I PETTlS'—street floor.

THE INDIANAPOLIS TIMES

Dresses and Two-Piece Suits Correct Weights for Fall! s§'oo Regular $16.75 to $25 values. Smartly styled dresses and suits in navy blueideal for business or campus wear! Priced for immediate clearance. PETTlS’—second floor. Summer Wash Frocks $11.90 and $16.75 values. Your choice of any Summer frock that has re- 4 OO nained in V ■ stock. j| PETTlS'—second floor.

SOO Pairs Service Sheer HOSE While They Last Irregulars of a SI.OO Hose. Full-fashioned hosiery, all pure silk with cradle soles, narrow heels; in new Fall shades; sizes SY2 to 101/2. PETTlS'—street floor.

Spring Coats Less Than ONE-HALF Price Regular $59.50 and $69.50 values. Priced 1 now to remove from stock regardless of k gwYiKjgßpfi More Spring Coats *(■ VWtllßSlli Regular $29.50 and $39,50 values, V priced to clear (4) White Flannel Coats (4 QQ • Fll (1) Black Silk Jacket. I .OO . pdf PETTIS’ —second floor. Mfe Fabric Slipons Excellent Qualities —Special ’• 3 End-of-Month Values J 69c Splendid values in several styles in- /ft* y'NpjPjlk eluding double woven fabrics; desirable Fall tones such as tan, mole, Beaver. PETTlS’—street floor. —■■■■■■■■ 1 Coty’s Bath Powder One-Half Price Sale Ijkg, .25 Regular $2.50 size. L’Aimant J: > and other odors. Mimsy Perfume, 0 4 Dusting HQ/% 1 Dram OttC Powder *r*/C Boncilla Lemon 0 4 Auditorim Bath Soap, £0 Magnesia Pack dozen bars OuC PETTlS’—street floor. House Dresses Sharply Reduced for Clearance! 98c *, Jf All reduced merchandise. Regular $1.95 u and $2.95 values. Fashioned in becom- 0. \f||i ing styles with clever trimming details; linen, broadcloths and voiles; all v/ PETTIS’ —second floor. pXctr

Men’s Jackets Os Fine Quality wsmamwsm^ Suede Leather, Special ~A $6.95 Tailored of exceptionally fine quality selected f / [ J/' N 4 suede, lined throughout; all-wool knitted cuffs, il f 0 collar and waistband; button front style with QMB I IQ|L-J two pockets; shades of brown and grey. Sizes mTH With Talon Fastener Front.... $7.45 PETTlS’—street floor. All Elastic Girdles Specially Priced \ for Clearance Spl 69c fj/ A regular J 1 value. Dependable quality stepin girdle, 12-inch width, made jv/ JT\& to mould the figure. y U ' PETTlS’—street floor. Roll Top Bread Box In the Month-End Sale Only , Roll top enameled box, in green or j ||||gjSSlE. 12-Oz. Mop Heads 20<? 16-Oz. Mop Heads 25£ 1 Electric Iron complete with cord—guaranteed, $1.79 PETTlS’—fifth floor. Knitted Dresses Smart for Campus, Classroom and Sports m K, $3.78 f,*S A regular $5 value. Knitted sports a' il frocks that employ all the lovely de- Xj*. ,1/ tails of more expensive frocks; just vlfiLiV' JU sixty to sell at this price. Fall colors, sizes 14 to 20. fcsjSfcfijJphi? PETTlS’—basement. lM\srtsS{

PAGE 3

Call Riley 6321

For Personal Sendee!

Public Reception 4 Wednesday Evening September 30th Something For You to See and Enjoy on Every Floor

This SALE Brings You All BRAND NEW FALL Merchandise