Indianapolis Times, Volume 43, Number 254, Indianapolis, Marion County, 2 March 1932 — Page 14

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STOCK MARKET QUIZ ON WIDE SCAI.EPLANNED Thorough Investigation of Exchange Operations Is Advocated. V.Y RAY TUCKER Times Staff Correncondent WASHINGTON. March 2. An exhaustive investigation of the New York Stock Exchange’s operations before and after the 1929 crash may result from the administration's proposal to expose alleged bear raiders, a canvass of the senate banking and currency committee revealed today. All hough White House spokesmen on the committee seek to restrict any inquiry to short selling, with a stiff cross-examination of so-called short interests, it is understood a majority believe it would have a wholesome effect to make as far reaching a study of 1925-1929 financial operation as the famous Pujo committee did in the early years of the Wilson administration. Up to Robinson Final determination on scope or the inquiry may depend upon Senator Joseph Robinson of Arkansas, Democratic leader. The group on the committee which wants a sweeping investigation consists of progressives and Democrats, while those who favor confining it to the administration’s limited program are, naturally, Republicans like Walcott of Connecticut, Townsend of Delaware, Majority Leader Watson of Indiana. Several Democrats, like Hull of Tennessee, Bulkley of Ohio, and Barkley of Kentucky, ask more time to consider the matter. What the White House apparently wants, committee discussions indicate, is to frighten the bears so that they will relax their efforts to keep prices down. “Plot" Is Scented The G. O. P. spokesmen, following talks with President Hoover, have intimated they might subpena leading shorts, but there is some doubt whether that will be done. The President’s friends, having started the movement, now fear lest it have a bearish effect on security levels. Watson has revealed, for the first time publicly, the White House suspicion that certain interests, deliberately or not, are neutralizing Ihe supposedly helpful influence of the President’s economic program. Though Watson does not make this charge, he favors the inquiry so the allegation may be examined in the light of short traders’ actions since 1929. Day Programs WFBM (1200) Indianapolis Indianatiolis Power and Light Company THURSDAY A Mr 7.in—Records. 9:oo—Women's hour. o:4s—Transcription. 10.00—Transcrintion. 10:05—Lester Huff at the organ. 10:15—Transcription. 10:20 to 12:00—Silent. P. M. 12:00—Farm program. 1:00 Aunt Jemima (CBS). 115—Society Reporter. 1:30 American School of ihe Air tCBSI. 2:oo—La Forge musicale (CBS). 2:ls—Jerry and Norm. 2:3o—Two Thirty Tunes. 3:00 to s:3o—Silent. WKBF (1400) Indianapolis (Indianapolis Broadcasting Inc.) . THURSDAY A- Ivf. 6:3o—Cadle Tabernacle family praver period. 7 00 —Church federation program. 7:ls—Moraine music. 7:3o—World news. 7:33—Musical clock. R 00—Breakfast Bazaar. R 30—Household tonics. 9:ls—Crystal studio. 9:30 Hollywood news Hashes. 10:00 Louise Spillman 10:15—Dessa Bvrd at the organ, 11:00—Harrv Bason. 11:15—Doe and Joe. 11:30—Pre-luncheon music. 11:45—Art and Oev. P.M 12:30—Livestock market reports. 32:45 Walter Hickmans Indianapolis Times book review. I:oo—Business news. I:ls—Sign off. WLW (700) Cincinnati . THURSDAY A M. s:3o—Time. s:3l—Top o' the Morning. 6:oo—Time. 6:ol—Exercise period. 6:ls—Talent bureau program. 6:3o—Time. 6 31—Orjfan recital. 6:4s—.Jofiv BUI and Jane (NBC). 7 00—Time. 7:ol—Morning devotions. 7:ls—Phil Cook (NBC). 7:3o—Talent bureau program. 7:4s—Physical exercises. 8 00—Community health talk. R:ls—Backstage in Radio. B:3o—Beautiful Thoughts (NBC>. 8:45 —What's new. 9:oo—Livestock reports. 9.lo—Announcement. 9:ls—Dance orchestra. 9 30—Colonel Goodbody iNBCi. 9:4s—Mystery Chef iNBC). 10 00—Louis Johnen. baritone. 10:15—Mouth hvgiene. 10 25—WLW stars. 10:4.3 —River reports. 10:55 Time signals. 11:00—Talent bureau program. 11:15—Pat Barnes (NBCI. 31:30—Jack Albin's dance orchestra. 11:45—Market reports. 11 50—Livestock reports. 13:00 Noon—National Farm and Home period (NBC). 12:30—Time. 12:31—Henry Busse's dance orchestra. 1 00—Ohio School of the Air. 2:00 Pat Harrington, tenor. 2:ls—Plantation Days. 2:3o—Singing Violin. Virginlo Marucci. 2:4s—The Sisters Three. 3:oo—Dance orchestra. S:3o—Organ matinee by Hershel Luecke. 3:4s—The chatter. Gone, but Not Forgotten Automobiles reported to police as stolen belong to: Earl Smith. R. R. 1. Box 257. Bridgeport. Ind, Chevrolet couoe, from Capitol avenue and Ohio street. Margaret James. 2246 North Capitol avenue. Auburn sedan. 127-235 (1932>. from West street and Indiana avenue. BACK HOME AGAIN Stolen automobiles found bv police belong to: Charles Smith. 2417 Shelbv street. Chevrolet couoe. found at Senate avenue and Ohio street. Albert Heathcock. 2448 Martindale avenue Hupmoblle coupe, found wrecked at Thirtv-eiehth street and Cold Springs road. Buick touring. 1924 model no license plates motor number chiseled, found on Raymond street west of Harding street. Theater Man Is Dead By Duffed Press KOKOMO. Ind., March 2. George W. Sipe, 75, owner of the Sipe theater and partner in the Sipe. Dolman and Blake dog and pony show of a generation ago. died here Tuesday. Boy Skater Killed by Car By I iiUni Press ALEXANDRIA. Ind., March 2.King Croy, 14. was killed instantly today by an auto while he was roller skating on road 9 near his home He was the son of Mr. and Mrs. George Croy.

Sears, Roebuck & Cos. to Open $250,000 Retail Store Addition

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Annual Value Demonstration Event Will Last Until March 12. Second annual value demonstration by Sears, Roebuck & Cos. will be inaugurated here Thursday, with formal opening of the new $250,000 addition to the retail store at Massachusetts avenue and Alabama street. Features of Sears merchandising, emphasizing the great mail order house’s purchasing power and economic distribution, will be stressed in the demonstration, which closes

Times Radio Dial Twisters

BTATIONS OF THE NATIONAL BROADCASTING COMPANY WEAP Network WJZ Network KDKA 980 KtHS U>4o WCFL 170 WMAQ 670 WJZ 6(1 WSAI 1330 UK GW 690 KVOO 1140 WCKY 490 WGY 700 WLS 870 WSB 740 KOA 4.3(1 KYW 11*20 WDAF do WHAS 420 WLW “00 WSM SCO KPKC 930 WBAL 1430 WENR *7O WHO IrtPO WOC 1006 WTAM (<>7o KSTP 1100 WBAP 800 WFAA Sytl WJR 750 WOW 590 WTIC 1660 STATIONS OF THE COLUMBIA BROADCASTING SYSTEM WABC 800 WBBM 770 W’KRC 550 WOWO 1160 WCCO 810 KOII *260 WPG 1100 WGN 120 WIAU 040 WFIW sMO CKAC 736 CFRB .460 WBT 1080 WJJD (130 KRLD 1040 WFBM 1230 WLAC 1470 KMOX 1000

—7 P. M.— KDKA (980) Centerville KYW tC Uo2o)—Congress orCBS—“The Bath Club.” WENR (870)—The News. j NBC—"Big Time” sketch to WEAF. NBC—Taxpayers' League to WJZ. —1:15 P. M.— KDKA (980)—Meistersingers. CBS —Singin’ Sam. NBC—Twin organs, Katsman's orchestra: vocal! trio to WJZ. —7:30 P. M CBS—Kate Smith. NBC —Sousa and band; the Revelers to WEAF. NBC—Melody Moments to WJZ. WMAQ (6701— Melody lane. WSM (650) Vagabonds; pianist. —7:45 P. M.— CBS—Colonel Stoopnagle and Budd. —8 P. M.— CBS—Fast Freight WBBM (770)—Parham’s orchestra. WENR (870)—Roads of Romance. NBC—Halsey Stuart-Dasch’s orchestra to WEAF. NBC—Adventures of Sherlock Holmes to WJZ. —8:15 P. M.— WBBM (770) Frederick Landis. —8:30 P. M.— CBS—Crime Club WBBM (770)—Teller of tales. NBC—Shilkret’s orchestra; soloists to WEAF. WGR (550)—String quartet. NBC—The Storv of Womens’ Names to WJZ. —8:45 P. M.— NBC—Margie, the Steno to WJZ. —9 P. M.— KYW (1020)—Maupin's orchestra. CBS—Personalities. NBC—Grantland Rice. WGN (720)—Etsv Aces. NBC—Russ Columbo and orchestra to WJZ. —9:15 P. M.— CBS—Adventures in Health. NBC—The Tune Detective to WJZ.

WFBM (1200) Indianapolis Indianapolis Power and light Company WEDNESDAY P. M. s:3o—Studio program. s:4s—Arthur Jarrett (CBS). 6:oo—Dinner ensemble. 6:ls—Bine Crosby (CBS). 6:3o—Earl Gordon Pianologtie. 6:4s—Downey and Wons (CBS). 7:oo—Bath Club (CBS). 7:ls—Singin' Sam iCBS). 7:3o—Kate Smith (CBS). 7:45 —A1 Feeney sports talk. B:oo—Fast Freight (CBS). B:3o—Transcription. B:4s —Transcription. 9:oo—Personalities (CBS). 9:15—. Elder Blackledee on Magic. 9:3o—Music That Satisfies (CBS). 9:4s—Late records. 10:00—Toscha Seidel (CBS). 10:30—The Columnist. 10:45—Lvrlc Ballroom orchestra. 11:00—Atop the Indiana roof. 11:30—Art Krueger orchestra (CBS). 12:00 —Musical Rodeo. WKBF (1400) Indianapolis (Indianapolis Broadcasting. Inc.) WEDNESDAY P. M. 3:45—H0-Po-Nee Club. 4:3o—Late sport news. 4:4s—News flashes. s:oo—Vauehn Cornish. 6 00—Dinner music. 6:25 David Lawrence dispatches. 6:4s—ldeal girl. 7:oo—Connie's orchestra. 7:3o—Jerrv and Charlie. 7:45 Harry Bason. B:ls—Buddies orchestra. B:3o—Harrv Bason. B:4s—lndiana Home program. 9:oo—lndianapolis public schools. 9 30—Snorts auestion box. 9:3s—Showboat orchestra. 10:00—Sign off. WLW (700) Cincinnati WEDNESDAY P M. 4:00 —Southern Singers. 4:ls—Mouth health (NBC). 4:4s—Little Orphan Annie (NBC). 5:00—Old Man Sunshine. 5:15 Henry Bu&se's orchestra. s:29—Time. s:3o—Dog talk by Dr. Glenn Adams. s:4s—Lowell Thomas (NBC). 6:oo—Amos ’n’ Andy (NBC). 6:3o—Ed McConnell. 7:oo—American Tax Payers' League. 7:3o—Melodv Moments <NBC>. 8:00 Adventufos of Sherlock Holmes • N BC' B:4s—Entertainers 9 00—Light Opera selections. 9.3o—Varsity quartet. 9:4s—Time. 9:46—80b Newail. 10:00—Night Caps. A Sensational Value! New Speed Queen Washer $49.50 (Guaranteed) Ask to See It VONNEGUT’S Downtown. Irvington. Belmont ton ul a! n Sqnare. City-Wide Service ILjfletcher (Trust .E —t (Jompang

March 12, according to John Burke, store manager. In 120 lines and industries, Sears, Roebuck & Cos. is responsible for 5 per cent of the output, Burke said national census figures reveal. His company, Burke said, long has maintained a definite policy of development of industries in states where the organization maintains retail stores. t In Indiana, during the last year, more than $8,000,000 in merchandise was purchased from native industries by the Sears firm. Os that amount, more than $600,000 was bought from Indianapolis industries. “Our policy of buying as much

WEDNESDAY —9:30 P. M.— : CBS —Alex Grav and orches- j tra. ■ NBC—Auto Tax Protest to WEAF. NBC—Hollvwood Nights to , WJZ. —9:35 P. M.— 1 WGN (720)—Dramatizations of the States. —9:45 P. M.— 'CBS—Street Singer, j WGN (720)—Studio. NBC—The Guardsmen to , | WJZ. WMAQ (670) —Orchestra and Germaine. • —in p. M.— , CKGW (840)—King Ed- , ward orchestra. KDKA (980) —Sports; enter- 1 ; tainers. KYW (1020) Sports: news, i CBS—Barlow and Columbia I Symphony. NBC—Nellie Revell to WEAF WJR (750) —Crooner. NBC—Slumber Music to WJZ. NBC—Amos ’n’ Andv to WMAQ WDAF, WENR. , WSM. i WR.VA (1110) Richmond orchestra. —10:15 P. M.— KSTP (1460) Orchestra, vocalists. ( : WDAF (610)—Dance program. NBC Quarter hour to WENR. . WGN (720)—Dream Ship. ; NBC—Jesse Crawford, organist to WEAF. . WMAQ (670) Dan and ' Sylvia. WTAM (1070)—Day's orchestra. ( WTMJ (620)—Frigidarians. —10:30 P. M.— KDKA (980)—Don Bestor’e KYW lle flo2o)—Padded Fists. CBS—Redman’s orchestra.- I NBC Prohibition Pol): Lopez orchestra to WENR.| • NBC—Morton Downey to! WGN WGY (790)—Miles’ orches-j tra. j NBC—Jane Froman and or-| chestra to WJZ.

10:30—Josef Cherniavsky’s SymphoSyncopaters. 10:59—Time. 11:00—Henry Busse’s dance orchestra. 11:30—Jack Albin’s dance orchestra. 12:00—Time. A. M. 12:01 Sign off.

Fishing the Air

Favorites of other days will be offered by Alice Joy and Paul Van Loan’s orchestra in "Just a Song at Twilight.” "When My Baby Smiles at Me” and "Old Fashioned Kiss," during the program of WTAM and an NBC network Wednesday at 6:30 p. m. Toscha Seidel, concert violinist, will be assisted bv Ossip Giskin. leading cellist of the Columbia symphony orchestra, in the opening number, the allegro movement from Brahms concerto for violin and cello. of the recital to be broadcast over Bilious/ Bilious, constipated? Take N?— NATURE’S REMEDT-tonight f MWI —the mild. safe, ail-vegetable # HShgf laxative. You'll feel fine in a the morning. Promptly and ” pleasantly rida the system / TO'NIGH I ®f the bowel poisons that _ TO-MORROW esase headaches—2sc. G ALRIGHT The All‘Vegetable Laxative

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! —10:30 P. M.— jWTMJ (620)—Dance program. —10:35 P. M.~ ! WSM (650) studio. ' —10:45 P. M.— KTHS (1040) —Barn dance, j KYW (1020)—Canton or- | chestra. WGN (720)—Wayne King’s ; orchestra. WJR (750) Hamp's orches- j tra. WMAQ (670)—Via Lago orchestra (344 hours), —II P. M.— KYW (1020)—Don Pedro’s orchestra. CBS—Duchin’s orchestra. NBC—Dream Singer: CoonSanders’ orchestra to WEAF. NBC—Larry Funk’s orchestra to WJZ. WJR (750)—Eldon's orchestra. —11:15 P. M.— WBBM (770 1 —Around the Town. WGN (720)—Cummin’s orchestra. —11:30 P. M KTHS (1040)—Hodge’s orchestra. ÜBS—Krueger’s orchestra. WBAP (800)—Turley's orchesrta. NBC—Agnew’s orchestra to WEAF. WGY (790)—Kenmore orchestra. NBC—Kytes’ orchestra to WJZ. —11:45 P. M.— WDAF (610) Nighthawk frolic. WGN (720)—Moores' and Kays’ orchestras. —l2 Midnight— KYW (1020)—Canton orj chestra. I NBC—Eddie Moores’ orchestra to WENR. II —12:30 A. M.— KYW (1020)—Spechts’ orWENR r3 (870)—Don Pedro’s j orchestra. WTMJ (620)—Organist.

THE INDIANAPOLIS TIMES

merchandise as possible in states where we operate retail stores is not philanthropy, but good business,” Burke declared. “Other things being equal,' we can buy to best advantage where we can da business with our friends and are in close touch with the local Situations.” Twenty-nine Indianapolis factories received large orders from the Sears company last year, and Burke said the purchase of his firm this year probably would be much larger. Prior to the formal opening of the new addition, an informal open house will be held from 7:30 until i 10 tonight, with a style show, music, and entertainment featuring 1 the event.

WFBM and the Columbia network Wednesday from 10 to 10:30 p. m. Robert W. Harden, president of the New Jersey State Bankers’ Association, is to be the speaker in the American Taxpayers’ League program Wednesday at 7 p. m., over WLW and an NBC network. The song that grew out of a nature lover’s plea. "Oh. W’oodman. Spare That Tree,” will be offered by Singin’ Sam during his program over WFBM and the Columbia network from 7:15 to 7:30 p. m.. Wednesday.

HIGH SPOTS ON WEDNESDAY NIGHT’S PROGRAM 6:3o—Columbia—Boswell Sisters. 6:4S—NBC (WJZ)—Elsie Janis. 7:3O—NBC (WEAF)—John Phillip Sousa and band; the Revelers 8:00—NBC (WJZ) Adventures ol Sherlock Holmes. B:3O—NBC (WEAF)—Gladys Rice, soprano. 9:oo —Columbia—Personalities. NBC (WJZ) —Russ Columbo and his orchestra. 9:3o—Columbia—Alexander Gray and Shilkret’s orchestra. NBC (WEAF) Automobile Owners’ Tax Protest. 10:30—NBC (WEAF)—Vincent Lopez orchestra.

Margaret Santry will interview "The Girl From Woolworth's,” on the ‘‘Bath Club” program to be broadcast over WFBM and the Columbia network from 7 to 7:15 p. m., Wednesday. Crew and passengers of the Fast Freight wiH umte in Friml’s string "Song of the Vagabonds.” in the Wednesday run of this air-line special, out of WCCO and over WFBM and the Columbia network from 8 to 8:30 p. m. Tittl’s “Serenade for the French Horn and Flute,” with orchestra accompaniment. under the direction of Josef Paeternack will provide a feature of the program Wednesday at 7:30 p. m., over WLW and an NBC network.

ART SAYS:

Those new books that pry into the private lives of Presidents dead and buried and rake up as much scum as p o s s i ble for mercenary purposes 'should be

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ART ROSE

suppressed by the Govern- . ment. n tt If we cannot forgive our leaders their small faults we will never enjoy their great virtues, tt t> e At the foot of the statue of President Benjamin Harrison in University Park, opposite the Postoffice, we read, “Great Lives Do Not Go Out —They Go On.” u u Tune in the Rose Tire Buddies tonight at 8:15 p. tn. over WKBF. tt tt e The Chief Tire Changer ROSE TIRE CO„ Inc. 365 S. Meridian St. MILLER, TIRE DISTRIBUTORS

DENY CHANGE IN MARKET RULE WILL BE MADE Protests on Springsteen’s Regime Are Heard by Probe Group. Denial that recommendation for a change in city market management would be made was issued today by city market committee members following a closed committee meeting Tuesday afternoon to consider charges of market mismanagement. Several members of the survey committee have expressed themselves as dissatisfied with services of Harry E. Springsteen, market master, and possibility was seen that pressure may be brought to bear privately for a change in management. Considered Privately When subject of management arose at the meeting, all, except committee members, were excluded from the room by Chairman John F. White, who said the subject should be considered in private. White announced that meeting of the committee next Tuesday, behind closed doors, will be for the purpose of considering recommendations on various phases of the market situation taken up by the committee in the past, including abolition of outside stands. Decision to recommend discontinuance of two policemen assigned to the market at an annual cost of $4,052 was reached by the committee Tuesday. Gross Receipts $59,100 Grass receipts of $59,100 were earned by the market last year. Francis H. Coleman, deputy city controller, reported. Actual expenditures amounted to $19,766, which together with $5,171 estimate cost of garbage collection and disposal. $4,052 salaries of two policemen, and $7,000 interest on $57,000 outstanding bonds, leaves net profit of $23,These and other figures will be considered in proposed rearrangement of stand rentals on a more equitable basis. Three women members of the committee were named to draft recommendations for location of a checkroom. FIRE KILLS WOMAN, 89 Aged Bluffton Resident Trapped in Her Home by Flames. By United Press BLUFFTON, Ind., March 2.—Mrs Sarah Arnold Welty, 89, was burned to death here Tuesday in fire which destroyed her large residence Mrs. Welty, widow of J. B. Welty, lived alone in the home. Police and firemen were forced to hold Mrs. Charles Arnold, the victim’s sister-in-law, to prevent her from rushing into the burning building in an effort to save Mrs Welty,

Typical Boy of U. S. Is in Movies Jack Parker Is Doing Bits in Films, Starring on Gridiron, Singing. WHEN a typical American boy grows up he becomes a tenor in a trio, plays football and spends part of his time working in motion pictures. At least that's what happened to Jack Parker of ’Los Angeles, Cal., whose portrar was once displayed throughout the nation as a typical youth.

Several years ago the national bureau of education sent Norman Rockwell on an excursion to find and paint an “inspirational' picture for students competing in a nation-wide essay contest. He chose Jack Parker, then 13, as the typical American youth. The artist pictured the bay at work on an essay entitled “The Father of My Country." Now Parker at 19 is heading toward a film career and sings very well. He was a gridiron athlete during school days.

CLANCY OPTIMISTIC Slump in Postal Receipts Less Severe in February. Depression is lifting gradually, Leslie D. Clancy, Indianapolis postmaster, believed today as he released financial figures from the local office. In October, Clancy revealed, the decrease in funds over the same j month of the previous year was 13 ; per cent. In December, the decrease had slipped to 12 per cent. In January the decrease was 11.8 per cent, and figures for February, tabulated today, show a 9.2 per cent decrease. Total funds taken in by the postoffice was $292,847.57, as compared with $322,586,03 in February, 1931, a decrease of $29,738.46. The greatest decrease came in the sale of stamps. Sales in February i amounted to $213,908.22, as com- ! pared with $274,601.87 in February. 1931. a decrease of $60,693.65. Marked increase was shown in the amount of permit mail. The figures this year are $68,046.96, as compared with $31,087.33 in 1931, an increase of $36,959.63.

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MARCH 2, 1932

DAIRY MEN SEEK HIGHER PRICES 2.000 Milk Producers Meet to Discuss Campaign. Seeking higher prices for the farmers' dairy products, but facing the possibility of a milk price war, was seen today as 2,000 dairy farmers of Marion and neighboring counties met in Cadle tabernacle at sessions of the Central Indiana Dairymen’s Association. The association formerly was an Indianapolis milk pool. It control* 75 per cent of the milk consumed in the city, officials declare. Harry Hartke of Cincinnati, 0., president of the National Co-opera-tive Milk Producers Federation, will speak at the meeting. Officers of the association are: Elwood Morris of Hancock county, president; E. B. Bender, Boone county, secretary, and Carl L. Hedges, manager