Indianapolis Times, Volume 43, Number 289, Indianapolis, Marion County, 12 April 1932 — Page 2

PAGE 2

STOCKS PROBE ADJOURNED BY SENATE GROUP Untermyer Is Proposed to Lead Investigation of ‘Bear Raids.’ Dy TANARUS, tilled Preen WASHINGTON, April 12.—The senate banking and currency committee today adjourned its stock market investigation until next Monday at 10: 30 a. m. The commtitee continued its morning session for a short time to conclude the questioning. Proposals that the senate banking and currency committee ask Samuel Untermyer of New York to lead its investigation of alleged bear raids on the stock market were made today by committee members. They complained the inquiry so far had been “a fiasco.” The dissatisfied committee members took the position that in the first day of examination, Richard Whitney, president of the New York exchange, had all the best of the argument and that to support admihistration charges a skilled crossexaminer is necessary. Short holdings on the stock market from April 1 to April 6 when the administration suspected an unprecedented bear raid was in' the making, were revealed today by the committee, showing that the greatest short position was in United States Steel and General Motors. < Short holdings of Steel, April 1, aggregated 384,4312 shares and by April 6 it had been reduced to 301,089 shares. General Motors short interest April 1, was 263,905 shares and on April 6, 262,408. The figures given out were supplied the committee by Whitney.

Similar declines were noticeable throughout the list from the first to the sixth. One or two stocks were

I ...and n $ 'iP ’llk ¥ •w* *'.m&' v V . ■'• . ' '' " 'St§2 rs? >- tm ' M ie : t:r • \- ■ w Jgi: BnHHI *.■* * v '* V v '\}l; \ &&, \ v <m? immsmm IhnnwWHaniwmHMllHßWl?<f<K.^ ¥;..<... •<l\.,^ ; . : : x W^'• I , v .: SSB2j^SBSBS nHHMP - v-T ; . : "*^-" - : - rnmmßm fe ;i•• - : PflHHp ; % ||||v v \JBB|l§jSjpy iilslP*i IffiJMfißft ■ si ; .• • ifi * Jffl|| jdj l j&|||gSß Wh3B cS^ tells another.. —and so it goes! Chesterfield Radio Program CMOKERS just can’t help telling each other A'ON.&THUR. TUES.eFRI. WED. SAT. J 1 n bosweu aiex ruth k_y how downright good Chesterfields are— Sisters Gray ETTING o o i9 smooth, mild, not a trace of harshness. All over N° r B_. Announcer the ] an d mo re and more men and women are COLUMBIA NETWORK discovering this new and better taste every day! . ler ielcl • .. 1.. \ . ‘■ /.': ;'. ■.■,,;,,,,.,a.. .... • • •

It’sTimetoßig Up, Anglers

. L 8. , 'j—

‘Thar she blows ...” “Boy, I thought that four-pounder was a whale the way she thrashed around in the water,” said H. L. Kelley, 3124 Broadway, displaying a four-pound black bass caught Sunday in Eel river, near Cloverdale. Kelley's total catch weighed twelve pounds, the largest tipping the scales at four pounds and three ounces.

outstanding for short turnover. Consolidated Oil had no short interest April 1. but was 35.768 shares short on April 4 and 35,098 shares short on April 6. Sinclair Consolidated was short 33,853 on April 1 and on April 4 there were no short interests reported. The aggregate of short holdings on April 1 was 3,279,395; April 4, 3,189,596; April 5, 3,059,658; April 6, 3,063,927. Whitney, resuming his testimony before the committee today, revealed that on April 7 the short interest had declined to* 2,849,895

| | shares, a drop of 214,033 from the previous market day. I “This shows a decrease from April 1 of 429.503 shares, the witness added, “during which period a very drastic decline has taken place.” Mayr to Address Meeting Frank Mayr Jr., secretary of state, , will address a public meeting arI ranged by the Citizens’ Democratic Women's Club at Twenty-fourth street and Northwestern avenue Wednesday night Arrangements were made by Mrs. S. J. Jones, president of the club, and Miss Eli vene Coleman, secretary.

THE INDIAKAPOLIS TIMES

RITZY DRINKING JOINT IS RAIDED BY DRYAGENTS Restaurant Had 10 Rooms, Well Furnished: Wine, Whisky Seized. Federal dry agents, aided by a police squad led 6y Sergeant Wayne Bear, Monday night raided a restaurant which, it is alleged, has been a popular drinking place for high school pupils. Raids which started at the Rome restaurant, 3050 Madison avenue, operated by Louis De Fabis, 35, extended to the automobile and home of his brother, Mike, 41. In all, the raiders said they seized 160 gallons of wine, thirty-seven gallons of whisky and seventy-five quarts of beer. According to the officers, the restaurant is one of the best furnished liquor purveying places in Indianapolis. Ten private drinking rooms are described in a report of the raid. While the place was being searched. Mike De Fabis arrived in an automobile from which officers said they removed two gallons of whisky and five gallons of wine. At his home at 3241 Newton avenue, officers said they found 155 gallons of wine in barrels and 55 quarts of whisky in the basement. A reinforced concrete cache beneath the floor of a garage is reported to have .yielded thrty-five gallons of whisky in charred kegs. The De Fabis brothers and Armand Cimoril, 19, a waiter in the restaurant, are held on federal prohibition charges. Operation Shows 2 Appendices By United Prcu LITCHFIELD. 111., April 12. When an emergency operation was performed on Fred Sammons, 21, he was found to have two appendices.

f 1 (qT-Avres' Downstairs Store n BIRTHDAY SALE Offers More for Your Money . . . More QUALITY ... More FASHION ... More VALUE! Tomorrow, join the crowds who are taking advantage of the tremendous savings being offered in our 12th Birthday Sale! Every department in the Downstairs Store is prepared with the finest merchandise obtainable, to seU at such low prices. This is your opportunity to outfit your entire family with things they need for spring and summer. You'll also find scores of things you need for your home. Doors open at 9A. M.

12TH BIRTHDAY SALE! Men’s Spring Neckties 39c Hand-made ties that wear long and tie neatly. Foulards and grain twills in all the new patterns and colors. —AYRES’ Downstairs Store. Vi —... li'.mim iV i?ili ,7.r-T^ / • 12TH BIRTHDAY SALE! Men’s “Sanforized” Shirts 79c Full pre-shrunk broadcloth, full cut and sized. Collar attached or collar to match. White, tan, blue, green and fancies. Color fast. —AYRES’ Downstairs Store. I— J

* ■ ll 12TH BIRTHDAY SALE! I Smocks and Hoover Aprons | tAt a Big Saving! 79c - These are extremely well made gar- i ments —in a fine grade of broadcloth. Both smocks’ and Hoover aprons come in sizes 1 to 5 (equivalent to sizes 14 up to 54). THE SMOCKS: Come in plain blue, gieen, pink or white; double breasted style, with notched collar. THE HOOVERS: In pink, blue, green or white—with the regulation white collar and cuffs; complete with belt. Extra i ‘ L %,-i j!h ; ; ful’ cut. ■ WASH FROCKS, 50c J Fine woven cotton prints and percales in wanted spring colors and patterns. Wash j j \ frteks come in a good assortment of atji I \ / tractive styles; cut full and comfortable. II \ Sizes 14 to 4G - Als ® P rinted Hooverettes. j J j j —AYRES’ Downstairs Store. ■ - - -

, 12TH BIRTHDAY SALE! 1 Children’s Scooter Skates 39c Made of sturdy metal stamping. 3 Rubber-tired wheels. Adjustable. Black with orange wheels. —AYRES’ Downstairs Store. ■ 9 12TH BIRTHDAY SALE! =”\ Infants’ Creepers 59c Discontinued numbers of Cin- j derella creepers, in broadcloth or waffle cloth; many smart styles; sizes 1 to 3. —AYRES’ Downstairs Store. e 12TH BIRTHDAY SALE! ——^ Women’s Spring Dresses $4.95 Printed and plain crepes; novelty one and two-piece woolens. 1-piece and jacket effects. Light colors. Sizes 14 to 20 and 38 to 48. —AYRES’ Downstairs Store. I f 12TH BIRTHDAY SALE! Women’s Spring Coats $lO Tailored or trimmed coats in senta crepe, boucle and tweeds; belted or plain. Black, blue or tan. Sizes 14 to 20. —AYRES’ Downstairs Store. Is , 12TH BIRTHDAY SALE! Combination Suits 79c Side fastening rayon combinations with swami brassiere top; bloomer knee; sizes 30 to 40. —AYRES’ Downstairs Store. I= ===== if /—= 12TH BIRTHDAY SALE! Porto Rican Gowns 59c Porto Rican hand-made gowns, with dainty applique designs in contrasting colors. Sizes 16 to 20. —AYRES' Downstairs Store. *- ■ - —^ 12TH BIRTHDAY SALE! = Criss Cross Curtains 59c Avery special sale of criss cross curtains; in dots, figures and v plain white or ecru. Fine value. —AYRES' Downstairs Store. *

/— = 12TH BIRTHDAY SALE! - Men’s New Socks . 3 Prs. tor 50C First and substandards, with double sole anfi reinforced heel and toe. Clocks, semi-clocks and novelty patterns. —AYRES’ Downstairs Store. I- - —J \ 12TH BIRTHDAY SALE! Boys’ Broadcloth Pajamas ! 50c One-piece "styles, made with long sleeve and leg; sizes 4 to 14. j Two-piece styles, with frog trim; sizes 8 to 18. —AYRES’ Downstairs Store. I— ——— J

yr= 12TH BIRTHDAY SALE! Girls’ Wash Dresses $1.09 Made of rayon, in tailored or j ruffle styles. Sleeveless or cap sleeves. In blue, peach, pink, green, yellow. 7 to 14. —AYRES’ Downstairs Store. I f —— 12TH BIRTHDA*Y SALE! Child’s Rayon Frocks SI.OO Straightline or highwaisted styles in good quality rayon crepe; dainty trimmings; sizes 3 to 6. —AYRES’ Downstairs Store. ■- - J J fr~ — 12TH BIRTHDAY SALt! New Spring Dresses $6.95 Printed and plain crepes, printed georgette. One-piece and jacket effects. New spring colors. Sizes 14 to 20, 38 to 44, 46 to 54. —AYRES’ Downstairs Store. I-- 1 -a rrrrrr 12TH BIRTHDAY SALE! Women’s Spring Hals $1.59 In new fashionable straws and the gayest colors for spring. For miss or matron. All headsizes. n—AYRES’ Downstairs Store. I— : f 12TH BIRTHDAY SALE! Rayon Lingerie 39c Mesh or waffle weave panties, flare stepins, shorty bloomers and vest. Tailored styles. Assorted sizes. —AYRES’ Downstairs Store. I--y=z 12TH BIRTHDAY SALE! =-v REAL SILK Hou 55c Substandards of REAL SILK chiffon hose with the 3 guards to Beauty; Full Fashioned; 814 to 1014. AYRES’ Downstairs Store. fcf —— 12TH BIRTHDAY SALE! Fine Mattresses $5.95 50-Pound cotton felt mattresses with attractive satin* coverings. Inner-spring mattresses at $9.95. Others as low as $3.95. J

/-= 12TH BIRTHDAY %ALE! s Sanforized Shorts m 25c Full “Sanforize” shrunk athletic shorts, with extra full seat, elastic side adjustments. Sixes 28 to 44. —AYRES’ Downstairs Store, i J f - 12TH BIRTHDAY SALE! Boys’ “Tub-Tested” Shirts 50c A well fitting, high quality of broadcloth, with pre-shrunk collars. White, blue, tan. green and fancies. Sizes 6 to 141s. —AYRES’ Downstairs Store. Vi~.r— =~ J r= 12TH BIRTHDAY SALE! ——-s Boys’ “Sanforized” Shorts 25c Carefully tailored, full shrunk, stitched elastic sides and full seat. Sizes 24 to 30. —AYRES’ Downstairs Store. (rrsss 12TH BIRTHDAY SALE! > Children’s Shoes $1.29 Genuine all-leather soles. Patent, tan, smoked elk and black calf uppers. Calf lined. Several styles in sizes 5!4 to 2. —AYRES’ Downstairs Store. /== 12TH BIRTHDAY SALE! Boys’ “Goodyear” Oxfords $1.79 “Goodyear welt” construction. Calf or elk uppers. Rubber heels. Calf lined. Tan or black. In sizes 11 to 2 and 2‘j to 6. —AYRES’ Downstairs Store. 1 /= 12TH BIRTHDAY SALE! Girls’ Cloth Coats $3.95 Tweed or polaire cloth in trim “military” styles. Shades of tan, green, red or blue. /Sizes 7 to 14. —AYRES’ Downstairs Store. ~iTi~T - ■ 'f Children’s Coats $2.25 Double-breasted spring coats in wool flannel; raglan sleeves; beret to match. Sizes 1 to 4. —AYRES’ Downstairs Store, r= 12TH BIRTHDAY SALE! ■>. New Spring Coats $13.95 Dress and sports type, tailored and fur trimmed, belted and unbelted. Black, blue, beige, gray, tan. Sizes 12 to 20—38 to 48. —AYRES’ Downstairs Store. 'i /-==• 12TH BIRTHDAY SALE! Arch Support Shoes $2.69 Our brand new summer styles —straps, pumps, ties, oxfords and nurses’ white oxfords. Sizes 4 to 9; AA to D. —AYRES’ Downstairs Store. ' ■ ✓ fP= 12TH BIRTHDAY SALE! , Rayon Crepe Slips $1.39 ServiceaWp quality rayon crepe slips, neatly tailored or lace trimmed. Sizes 34 to 50. —AYRES’ Downstairs Store. k-- * 12TH BIRTHDAY SALE! ——s, Silk Service Hose 55c Full-fashioned, pure silk service weight hose. Irregulars from a famous maker. Sizes B*4 to 10. —AYRES’ Downstairs Store. r=t 12TH BIRTHDAY SALE! Fine Wash Fabrics IOC Yd. Remnants and short bolts of very fine wash goods; choice of many weaves. Also beau- > tiful curtain fabrics. / —AYRES’ Downstairs Store, y J Vi •••■•= 1. /Sa

APTIIL 12, 1932