Indianapolis Times, Volume 44, Number 256, Indianapolis, Marion County, 6 March 1933 — Page 9

MARCH 6,1033

H. S. Sectional Title Tilts

ANDERSON iPljTfd t Muncie) Marklevllle. 30: Elwooti. 25 iovertime . ANGOLA La Orange. 35. Sorlngfleld TownehlO. 17. > ATTICA Hillsboro. 20 Covington. 18. BEDFORD Bedford. 44: Needmore 20. BlufTtnn Bluffton 31 Pork Creek Center. 20 BRAZIL Brazil. 30: Van Buren Township. 8. BROWN SB I IK. Pltteboro. 25 Danvi.ie 13. CANNEI.TON Cannelton. 23 Bristow. 18 COWERS* II I E Conncrsvllle. 43 Springfield Township. 14. ( LINTON Clinton. 33: Bosedale. 25. CRAWFORDS* II I F. Crawfordsvtlle 20: New Richmond 12. ELKHART Wakarusa. 27. N Paris. 20. EVANSVILLE Central 17: Bov-r 12 FLORA Delphi. 26; Burlington, 18. lORT WAVNE North Side. 40: Decatur. 12. FOWLER Earl Park. 28: Otterbcin. 25. FRANKLIN Franklin. 21 Masonic Home. 20. FRANKFORT Mlchlgantown. 27: Jefferson. 28. GARRETT Columbia Cltv. 34: Garrett. 23. GARY Hammond. 25; White. 24. GREENFIELD Greenfield. 26; New Palestine. 24. GRFENCASTLE Greencastle. 35; Bainbrldge, 23. GRFENSBI RG Greensburg. 23: Clarksburg. 23 111 NTINGRURG Jasper. 41; Ireland. 7. HUNTINGTON Huntington. 14; Salamonie Township. 7. INDIANAPOLIS Shortrldge. 25: Tech. 20. JEFFERSON*ILLE Jeffersonville. 33: Corvdon. 17. KENDALL* ILLE Kendallvllle. 26; Albion, 24. KOKOMO Kokomo, 44; Clay Township, 27. LAFAYETTE Lafayette, 54, Jackson, Township. 25. I.A PORTE La Porte, 25. Michigan City, 17. LAWRENCES! RG Aurora. 40. Lawrenceburg, 17. LEBANON Lebanon. 65; Advance, 24. LOGANS PORT Logansport, 44; Royal Center, 23. LYNN Union City. 37; Jackson Township, 23. MARION Marlon, 29; Jonesboro, ’7. MARTINSVILLE Martinsville, 26; Bloomington, 14. MILAN Batesville, 30: Versailles, 23. MISHAWAKA Riley, 34: Plymouth. 32. MONTI! ELI.O Chalmers, 45. Monon, 21. MUNCIE Muncie. 33; Daleville, 17. NEWCASTLE Newcastle, 45. Straughn, 9. NORTH JI D&ON Wlnamac. 40; Francesville, 14. OWENSVTLLE Hazleton, 38; Princeton, 17. PERU Peru. 39; Bunker Hill. 18 PORTLAND Hartford City, 36; Madison Township, 31. RENSSELAER Brook. 45; Gooclland, 30. RICHMOND Richmond, 33: Milton. 29. ROCHESTER Boonville, 28; Dale, 27. ROCKPORT Boonville, 28; Dale, 27. RUSIIVILLE Rushville. 37. Manilla, 20. SALEM Salem, 21; Paoli, 10. SCOTTSBURG Madison, 25; Hanover, 14. SEYMOUR Seymour, 46; Vallonia, 9. SHELBY VILLE Columbus, 37; Moral, 21. SULLIVAN Sullivan, 22; Graysville, 9. SWITZ CITY Lyons, 34; Switz City, 19. TERRE HAUTE Fontanet, 25; Wiley, 23. TIPTON Tipton, 31; Noblesville, 19. VALPARAISO Valparaiso, 72; Morgan Township. 8. \ INUENNES Vincennes. 32. FreelandvlUe. 14. WABASH Wabash. 46. Romm. 18. WARSAW Beaver Dam, 42; Warsaw. 26. WASHINGTON Washington. 33: Epsom, 22. FOUR TOURNEY BERTHS OPEN Four church teams are wanted to complete the list for the North Side Church basketball tournament to be held March ,13. 15 and 20 at Olympic gym. Memorial Presbyterian, Irvington Presbyterian, Central M. F. and Tuxedo Baptist, are asked to call Ha. 3778-M. ask for Cooke.

PAYS--AND HEAVILY-T 0 SEE ROOSEVELT RITES Inauguration Costs State Senate Employe AH His Clothes. E. J. Curtis, assistant sergeant-at-arms in the senate, paid heavily to see President Roosevelt inaugurated. In the first place lie took four days off from his senate labors. Then he drove down to Washington alone in his coupe and was halted three times for speeding in Maryland. Arrivin gat last, he parked his suitcase, with all clothes except those he wore to the capitol ceremonies and also his extra money, in his hotel room. Returning, he found that all was lost. He went to the District of Columbia police where he stood in line while fifty others reported similar occurrences. Curtis once was a policeman in Lafayette and a police chief in Florida. Today he is back in the senate with his blue suit. It’s not a police uinform but it is the one he had on when he saw the President inaugurated. Its all he has, he says. HAGAN IS MANAGER Jimmy i Whiter) Hagan, formei University of Pittsburgh football star, has been named graduate manager of the school’s athletic activities. “PROFESSOR" ELBERFELD Norman (Kid) Elberfeld, former big league ball player, is conducting a baseball school in Chattanooga Term. RECORD STILL STANDS The Chicago Cubs hold the record for winning the most "shutout" games in a single season. In 1907 and 1909 they won 32 games of this variety. SPOTLESS RECORD Herb Pennock, veteran Yankee pitcher, has taken part in five world serie* contests and has won them all. RACE SEASON NEAR Commencing on May 22, Chicago will have continuous horse racing at either Washington. Lincoln, Arlington or Hawthorne parks until Oct. 14.

BANK HOLIDAY 1 FIRST IN ALL U, S, HISTORY Drastic Step Never Taken in Course of Nineteen Major Slumps. BY JOHN T. HAWKINS Times Financial Editor For the first time in the history of the United States, banks ol the nation have been closed by presidential proclamation. Throughout a series of nineteen major depresssions and panics, this drastic step never has been employed to readjust the financial I workings of the nation, according to financial histories. Only three times, has the gola movement of the country been interfered w’ith by federal orders, j Shortly after the Civil war the i United States treasury refused to I redeem treasury certificates in gold and during the panic days of the j 90s an embargo was placed for a ! short time on gold, preventing its j shipment to foreign countries. In j 1913 the last embargo was placed on ! gold by the late President Wilson. First financial collapse of a major part of the country occurred in 1783 to 1789, when the treasury of the young states ran ahead of receipts and paid out more than the income of that period. New Law Is Set Down The result was money issued with insufficient backing and a general scramble for gold. This panic resulted in the convention of 1787 and the formation of anew Constitution which became the law of the nation in 1789. Land speculation in the western states of Indiana, Ohio, Illinois and Michigan brought on the next great 1 financial upheaval in 1837. With i opening up of new lands, speculators ran wild. Small banks had been opened solely for the purpose of aiding the speculators. The panic of 1873 affected every branch of industry and finance in the United States. An enormous j expansion of railway construction! had taken place with its effects reaching all allied industries. Credit was stretched to the limit to provide working capital for new industries. Situation Is Relieved The situation finally was relieved by the secretary of the treasury issuing $28,000,000 of legal tender notes for the purchase of government bonds. With the beginning of Cleveland's second term in 1893 the country was in the grip of severe depression. Silver was being demonetized by leading nations of the world and gold at a premium. Production in all lines of industry was at a standstill. One hundred: fifty-six railways went into the hands of receivers. Labor strikes! and riots were general. Coxey's! march on Washington was one of ■ the highlights of the period. Defla- j tion and writing off the loss ; eventually brought order to the: financial centers of the nation. Speculation Gets Blame Speculation was the cause of the; crash of 1907. The big banks ofj the country had overexerted them-| selves in extending credit. Bank reserves showed deficits. Resources! of the New' York banks were strained to the limit. In October, 1907, the Knickerbocker Trust Company of New York failed, followed by other trust companies. Banks whose ultimate resources were with these banks collapsed. There were almost no monetary payments throughout the nation except through clearing house j certificates. Then came the depression of 1921, which was short lived and marked by labor outbreaks. The stock crash of 1929 completes the list of economic upheavals until the present situation. Plumbing Permits J. C. Dunn, 302 Nortli Capitol, two fixtures. J. C. Dunn, 1540 North Illinois, two fixtures. C J. Dirkman, 1321 Lee, four fixtures. E E. Taylor, 3207 North Illinois, one fixture.

HORIZONTAL Answer to Previous Puzzle contract. 1 Onager. w-i 4 Knave of clubs [? r-J • L 1— i A- cattle. in 100. £ p.E A NT|g XV lE pSI Al 2 Foe. 7Of what U. S. V LIEA.SJL RBP|^TJAJLLJm 13 Forcible state is Boise Ap A P TjgA.G,Q|E,2.P.ORE restraint of the capital? Li' lD SHE 11 A R j&gs~l LID speech. 9 Trite. L NggMA'RjTI I 11 Silk stuff. R[E [SI I )LIEHnH I CON I |C 17 To bind, woven with lAS T R A yHeHr'EB EC K| 20 Enamel, gold and silver “fciQ D OHN(LITjI~ 22 Small threads. [HANK E k S|S T 1 ;LjT'5L grotesque 13 Houses for IDE ME ANSiMACUL Ae] fisureautomobiles. OK E SplD'OR I CflS L T.Aj 21 Rubber tree. 15 Rowing tO Dl ISfS AC Kl ISIeTT 27 Frost bito implement. 29 Envoy. 16 U S. state of 31 Appointor. 53 Point. 30 Offices. huge mineral 33 Therefore. 54 Wine cask. 31 Who wrote tne resources. 34 Seed bags. VERTICAL Three IS Woolly surface 37 Tube carrying Musketeers?** of cloth. off gland 1 Loves. 32 Optic. 19 Stair. secretion. 2 Membranous 33 Male child. 21 Time during 3s Disembodied bag. 35 Python, which a soul. 3 Humbug. 36 Falcon, sovereign 41 Snare. 'Estuary of 37 Form of rules. 43 .Mooley apple. Tocantins moisture. 22 High terrace. 44 What was River, Brazil. 39 Pronoun. 23 Who sold his Peter Paul 5 Collection of 40 To care for. birthright for Rubens? facts. 42 By. pottage? 46 Hop brsh. 6 Something 44 House 25 Myself. 47 Pocketoooks. which attracts. animals. 26 Growing out, 49 A snicker. 7 Angry. 45 Disorderly 28 Badly 51 An oid capital S Smell. behavior. 30 Conceited of E;ypt. 9 Flag. 4S Falsehood. precision, 52 Giver. 10,Rental 50 Antelope. ir"r"* p-T-r-i r™* &i fr 10 fn I£*“ 13 1 pr' 7 rrTT *—l23~j SSSJ2G 27 “ ZQ Z 9 \SS 30 RTRi '“sT 37 36 35 40 41 4^" SSL 47 49 50 ‘-riMr 1 l 4 rL Hr l

m i hci T mi. Mot K. U. S. P. Oi. A GIRAFFE comes poking his nose into Hi-Ho land today. He’s a timid creature but will hold still long enough for you to try to form his silhouette from the seven puzzle pieces below. Cut them out and try it. jpi Ipl £ Gawky girls always seem, to be having trouble with their feet —and so do HI-HO puzzlers. Here’s the way the girl’s silhouette is formed. k

Produce Markets

Delivered In Indianapolis prices: Hens, heavy breeds over 4*2 lbs.. 9c: Leghorns, 7c; large springers and stags, Iva lbs. up, 7c; Leghorns and black and Leghorn stags. 1 1 a lbs. ud. sc; cocks, sc: Leghorn cocks. 4c. Ducks—Large white full feather and fat. over 4 lbs.. 6c; small and co'ored, sc; geese, full feathered and fat. sc: voung guineas. 20c: old guineas. 15c. Eggs—No. 1 fush country run eggs, 9c: pullet eggs, 6c; each full egg case must weigh 55 lbs. gross’ a deduction of 10c per lb. for each pound under 55 lbs. gross will be made. Butterfat —l4 e; No. 1 butter. 20021 c. These prices for healthy stock free from feed; no sick poultry accepted. Quoted by the Wadley Company. BY UNITED PRESS NEW YORK, March 6 -PotatoesSteady; Long Island, 50c® $2.25 bbl.; Southern bbl.. $4.2504.75; Maine, sl® 2 bb .; Idaho, $1.6002 sack; Bermuda, $5 ® 6.50 bbl. Sweet Potatoes —Steady; Jersey basket, 4OC01.5O; Southern basket, 35c®Si. Flour—Dull and unchanged; springs, patents. $3.5003.75 bbl. Pork—Dull. Mess $14.25 bbl. Petroleum—Easy; New York refined, 17c; crude Pennsylvania, 97®51.47 bbl. Grease—Quiet; brown Mac lb.; yellow. Tlbc lb.; white, 2 1 /s@2c lb. Tallow— Quiet; speejal to extra, 1 3 ,4@2. Common Hides—Dull; hides, city packer quiet; native steers, 4'ic; butt brands, 4*/2C - , Colorados, 4*2C. Dressed Poultry—Quiet; turkeys, 110.21 c; chickens, 10®2Cc; broilers, 15® 22c; capons, 13® 24c: fowls, 8® 15c; ducks, B®l4c; Long Island ducks, 14® 16c. Live Poultry— Dull; geese, 10®) 12c; turkeys, 15®23c: roosters, 10011 c; ducks, 11016 c; fowls, ll®14c; chickens, 110 22c; capons, 161123 c.; broilers, 130 22c. Cheese —Dull; state whole milk fancy to specials. 16018 c; young America, 11*2® 12c. CHICAGO. March 6.—Eggs Market nominally, prices unchanged; receipts, 8.395 cases: extra firsts. 12?2®12 a ,ic: firsts. 12*4® 12'ic; current receipts. 12c; dirties, 11c. Butter —Market, nominally firm; unchanged to 'sc higher; receipts. 7,509 tubs; specials, 17017';c; extras, lbc; extra firsts, 16'-*c; firsts, 16c; standards, 16 ! .2C. Poultry Market, steady; recc:pts. 11 trucks; fowls, 9*2® 10c; springers, 13*2015c; Leghorns, 8c; ducks, 110 12c: geese. 8c; turkeys. 12015 c: roosters, B'2c: broilers, 160> 17c; stags, lie. Cheese-—Twins. 9 1 2®9 ;l ic; Longhorns. 10®>10'/4C. Potatoes — On tracks, 304: arrivals. 160; shipments. 862; market very slow, dull; Wisconsin round whites, 67* 20 70c;’Idaho russets, Sl.100il.15: Michigan russet rurals, 67*20; Colorado McClures, $1.27*2. LORD’S PRAYER REVISED House Alters It to “Forgive Us Our Debts.” Legislative notice of stringent financial conditions was taken in the house of representatives today. Ln lieu of a prayer from the rostrum by a minister, Speaker Earl Crawford directed house members to repeat the Lord's prayer, using the vers on “Forgive us our debts as we forgive our debtors,” rather than “Forgive us our trespasses as we forgive those who trespass against us.” Shortly afterwards, the Speaker announced that arrangements had been made in the state treasurer's office for cashing salary checks of members, “so you'll have enough money to get out of town.”

THE INDIANAPOLIS TIMES

PORKER PRICES CAIN 25 TO 30 CENTSAT PENS Market Hampered by Lack of Funds to Effect Purchases. Livestock trading was resumed at the Union Stockyards this morning after an hour's delay in considering what action would be taken. Hog prices moved around 25 to 30 cents higher than Saturday's average. The bulk, 160 to 275 pounds, was salable a* 11)3.90 to S4, while 275 pounds and up .held at $3.70 to $3.85. Bulk of lightweights scaling 120 to 160 pounds sold at $3.45 to $3.75. Most all closes were active, Receipts were estimated at 1.500. Holdovers were 88. Cattle market held strong to 25 cents higher on practically all classes. Only little action was displayed. Receipts were £OO. Calves advanced 50 cents above Saturday’s market, selling at $6.50 down. All classes of lambs was scarce and dull with little action shown. Quality was plain. Bulk prices w'ere undetermined. Receipts numbered 100. Hog trading at Chicago was delayed for a short time, with salesman pricing hogs to packers unevenly higher than Friday’s market. Buyers were talking steady, with sellers asking well above $4 for best lightweights. Receipts were estimated at 26,000, including 15,000 direct; holdovers 1,000. Cattle receipts were 8,000; calves, 1,000; market prospects were largely 25 cents higher. Sheep receipts, 13,000; indications 25 cents higher. HOGS Feb. Bulk. Top. Receipts, i 27. 53.45® 3.60 $3 60 4.000 | 28 3.50® 3.65 3.65 4.000 : March 1. 3.55® 3.70 3.75 4.000 2. 3.60® 3.70 3.75 3.500 3. 3.70® 3.89 3.85 5.000 4 3.60® 3.70 3.70 2.000 6. 3.90® 4.00 4.00 1,500 Market, higher. (140-160) Good and choice... ,$3.40® 3.50 -—Light Weights—-(l6o-1801 Good and choice.... 3.70 (180-200) Good and choice.... 3.70 —Medium Weights—-(2oo-220) Good and choice... 3.70 (220-2501 Qood and choice... 3.65® 3.70 —Heavy Weights—-(2so-290) Good and choice... 3.55® 3.60 (200-350) Good and choice... 3.45® 2.55 —Packing Sows—(3so down) Good 2.90® 3.15 )350 UP) Good .... 2.85® 3.00 (All weights) medium 2.60@ 2.85 —Slaughter Pigs—-(loo-130) Good and choice 3.0® 3.20 CATTLE Receipts, 300; market, higher. —Steers—-(sso-1,100) — Good and choice $ 5.25® 6.75 Common and medium 3.50® 5.25 (1,100-1,500) — Good and choice 4.50® 6.50 Medium 3.25® 4.50 —Heifers—-(sso-750) Good and choice 4.25® 5.75 Common and medium 3.00® 4.25 (750-900) Good and choice 3.75® 5.25 Common and medium 2.50® 3.75 —Cows — Good 2.75® 3.25 Common and medium 2.00® 2.75 Low cutter and cutters 1.25® 2.00 —Bulls (yearlings excluded) Good (beef) 2.50® 3.00 Cutter, common and medium..’ 1.50® 2.50 VEALERS Receipts, 100; market, higher. Good and choice $ 5.50® 6.00 Medium 4.00® 5.50 Cull and common 2.50® 4.00 —Calves—-(2so-500) Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 —Feeder and Stocker Cattle—-(soo-800) Good and choice 4.25® 5.50 Common and medium 2.75® 4.25 (800-1,050) Good and choice 4.25® 5.50 Common and medium 2.75® 4.25 SHEEP AND LAMBS— Receipts, 100; market, steady. (90 lbs. down) Good & choice.s 5.25® 5.75 (90-110 lbs.) Good and choice. 5.00® 5.50 (90 lbs. down) Com. and med. 3.00® 5.25 —Ewes— Good and choice 2.00® 2.75 Common and medium I.oo® 2.00 Other Livestock BY UNITED PRESS CHICAGO. March 6 Hogs—Receipts. 25,000; including 15,000 direct; few early | sales 100 25c higher than Friday: better grade hogs scaling 160-300 lbs.. $3.85®4; early top $4; part of business done on cash basis: light lights. 140-160 lbs., good and choice, $3.85® 4; lightweights, 160-200 lbs., good and choice. 53.850/ 4: medium weights, 200-250 lbs., good and choice, $3.85®4; heavyweights. 250-350 lbs., good and choice, $3.70 0 3.90; packing sows. 275-550 lbs. medium and good, [email protected]; slaughter pigs, 100-130 lbs., good and choice, $3.50 03.85. Cattle—Receipts. 8,000; calves, 1,000; few steers and yearlings 25c higher; some light heifers and mixed yearlings up more; trading slow; some cattle being sold for cash, but most sellers accepting killers’ checks; early trade on steers and yearlings largely 54.50® 6 affair; several loads light and long yearlings. 56.25; light heifers up to $5.75; weighty steers. $5.25; other killing classes mostly slow, steady; slaughter cattle and vealers: Steers. 550-900 lbs., good and choice. $5.750 7.50; 900-1.100 lbs good and choice, $5.7507.50; 1.100-1,300 lbs., good and choice, [email protected]; 1,3001.500 lbs., good and choice. 54.50® 6.50; 5501.300 lbs., common and medium. $3.50® 5.50: heifers. 550-750 lbs., good and choice. 5506.25; common and medium. $3.25®5; cows, good, $2.50®3: common and medium. $2.35 0 2.50; low cutter and cutter cows. $1.5002.35; bulls, yearlings excluded, good beef, $2.50 0 3.25; cutter, common and medium. [email protected]; vealers. good and choice $4.5006.25: medium. $404.50; cull and common. $304; stocker and feeder cattle: Steers. 500-1.050 lbs., good and choice $4.50 ®6; common and medium. $2.750 4 50. Sheep-Receipts. 13,000: market at standstill. packers bidding steady prices or mostly $5.2505.50 on better grade lambs subject to owners' release; payment made by check subject to reopening of banks’, slaughter shep and lambs: Lambs. 90 lbs. down, good and choice. $5 0 5.60; common and medium. $3.50 0 5.25 ; 90-98 l'.-.s good and choice, $4.75 05.50 ; 98-110 ins. good and choice. $4.5005.25; ewes, 90-150 lbs good and choice. 51.75 08: all weights, common and medium. Sl® 2.25. EAST ST. LOUIS. March 6.—Hogs—Receipts. 7,500, including 1.000 direct and ! 700 through: market. 25®30c higher; no action on heavy weight pigs or sows; early sales 170-220 lbs., $3.8504; top, $4; asking 25c higher for weighty butchers and sows. Cattle—Receipts, 1,800: calves—Receipts. 900; transactions limited with practically all sales being made conditionally; market, generally steady with close of last week on the few sales made. A few steers, $3.40® 4.75; mixed yearlings and heifers, $3.250 4.75; cows, $2.400 3; low cutters. $1,250:1.75: sausage bulls. $2.250 3.25; good and choice vealers. £6.25: slaughter steers. 550-1.100 lbs., good and choice. $4.500 6.50: common and medium, $3.25@5; 1,100-1.500 lbs., choice, 54.500 6.25: good $3.7505.50; medium. $3,500 4.50. Sheep—Receipts, 800; practically nothing done: a few small lots choice lambs to city butchers 50c higher at S6; lambs. 90 lbs. down, good and choice. $5.25@6: common and medium. $305.25- ; 90-98 lbs., good and choice. $5.15® 5.90: ! yearling whethers, 90-110 lbs., good and i choice. s4®s: ewes. 90-150 lbs . good and choice. $1.7502 75: all wegihts common and medium. sl®2. Bu Times Special LOUISVILLE. March 6. Cattle Re- | ceipts. 300: run mostly slaughter steers and heifers and stockers: practically en- I tire supply slaughter steers and heifers : sold to local killers on credit basis at un- I evenly steady to 25c or more higher; prices scattered: sales of other killing classes | fully steady to strong: few cows. $2.75 • down: best sausage bulls. $2.85: bulk common and medium steers and heifers. $3.50 ; 0 4.50. Calves—Receipts. 225- better grade vealers 50c higher; good and choice. $4 50 ' 0 5.50; others unchanged at S3 50 down for medium to lower grades. Hogs—Receipts. 650: 15c higher than Friday and Saturday; 175-240 lbs. 53.90: 245-295 lbs.. 53.65: 300 lbs. up. S3 25: 135-170 lbs . $3.35; 130 lbs. down $2 70; sows. $2.75: stags $1 80. Sheep —Receipts. 50: market auotable steady; bulk good lamps, $5.50: one sizable lot choice 60-lb tpring lambs. $10: medium and lower erae'e o’d crop lambs. $5 down: j slaughter ewes. 'l®2. Saturday’s ship-: rr.ents: Calves. 109. FEENEY SELECTS~ AID Terre Haute Sports Editor Is Named Deputy Boxing Inspector. A] G. Feeney, director of the new j state department of public safety, i today announced he has appointed j Ralph H. White, veteran sports; editor of the Terre Haute Tribune, as a deputy state boxing inspector. I

- THIS CURIOUS WORLD -

(he GO&Y \ ’ * ' A F!SH THAT WALKS AROUND OH SHORE, WILL. DFOWN IF KEPT UNDER. * WATER FOR AH/ GREAT LENGTH OF TIME. O 1933 BY NBA SERVICE. INC. v \\\| /// AT PANAMA, ..CENTRAL AMERICA.. 7HE SUN R,SES> ,N THE PAC/F/C —rr ( ) OCEAN AND SETS' IN THE ATLANT/c/

Due to the peculiar goose-neck shape of the Isthmus of Panama, directions there seem to have undergone strange twists, at times. Traveling through the canal, from the Atlantic to the Pacific, a ship heads southeast. Standing in Colon, a person can look directly west toward both the Atlantic and Pacific oceans. Next—Of what materials are cameos made?

The City in Brief

TUESDAY EVENTS Ratary Club, luncheon, Claypool. Gyro Club, luncheon. Spink-Arms. Mercator Club, luncheon, Columbia Club. Architectural Club. luncheon, Architects’ and Builders’ building. American Chemical Society, luncheon, Severin. Universal Club, luncheon, Columbia Club. Republican Veterans, luncheon, Washington. Theta Chi. dinner, 6:30. Washington. Young Dentists’ Discussion Club, meeting, 8, Washington. Jewelers’ Guild, dinner, 6:30, Washington. Phi Gamma Delta, dinner, 6, Athenaeum. . . Indiana Association of Cosmetologists, meeting, 8. Washington. The Indiana Jersey Cattle Club has re-elected Frank B. Rowley, Angola, as president, and Dr. J. E. Bright, Pekin, vice-president. Resumption of practice of law under the firm name of Ogden and Swain, was announced by James M. Ogden, former state attorney-gen-eral, and H. Nathan Swaim, Marion county democratic chairman. Swaim and Ogden were associated prior to Ogden’s appointment as attorneygeneral. The firm has offices at 911917 State Life building. “Heads Up, America,” will be the topic of Martin Wolf, marketing counsel of New York and Chicago, in a speech before the all-electric program luncheon, at the Columbia club, Wednesday. Twenty-two members of the Kiwanis club, who are engaged in various phases of the electrical industry, will have charge Closed meeting of the Lions Club will be held Wednesday noon in the Washington, for discussion of 1933 activities of the organization. Case reports by four city physicians will form the program for a meeting of the Indianapolis Medical Society Tuesday night in the Athenaeum. Major Robert Anderson, W. R. C., No. 44, will meet Tuesday afternoon at Ft. Friendly, 512 North lilinois street. Members of the Law Society of Indianapolis will hear Charles R. Ettinger, chief deputy clerk, tonight in a meeting at the Indiana Law school. Ettinger will explain records of the county clerk’s office. H. J. Thompson of Bloomington was elected president of the Indiana Natural Milk Producers Association at sessions today in the Washington. Dairy representatives submitted reports on the milk situation. Indiana section, Society of Automotive Engineers, Thursday afternoon will go to Muncie for an inspection tour of the Warner Goar Cos. Plant and a dinner meeting at night in the city's Y. W. C. A. branch. Dr. Con O. Lee of Miami, Fla. former newspaperman, will speak on “The Human Element” at a luncheon of the Universal Club Tuesday in the Columbia Club. Lester C. Nagley will be in charge. Car Loadings Show Drop WASHINGTON. March 6.—The American Railway Association today announced that car loadings of rev- ' enue freight for the week ended Feb. 25 totaled 459.079 cars, a decrease of 555,311 cars from the preceding week. CHICAGO FRUIT MARKET Bp United Press CHICAGO. March 6—Apples—Michigan, Mclntosh, bushel. $1 20 ' 1 25: Greenings, bushel. 850.90 c; Illinois Winesaps, bushel. $1 1501.25. You may place your Want Ad until 10 each night, at Times Want Ad Headquarters, 214 W. Maryland St., RI-5551.

| Contract Bridge

BY W. E. M’KENNEY Secretary American Bridge Lea,rue WHEN holding the king, queen and ten of the opening leader’s suit, in playing the hand at no trump, you are confronted with two different holdup problems, depending upon which way you must take a finesse in another suit. Take for example the following hand. South, playing the hand at three no trump, will get the diamond opening from West, w*ho will open the fourth best of that suit. East will play the jack, and before playing to the trick, the declarer must analyze the hand. He can see four sure spade tricks, one diamond, a sure heart trick and a sure eclub trick—seven in all. To make his contract, he must take the club finesse. With the ace and queen of clubs in dummy, he must finesse to the East hand; therefore, when East plays the jack on the first diamond lead, the declarer must hold up and refuse to win the trick, playing the seven. When East returns the nine of diamonds, declarer will play the queen, and if West wins the trick with the ace and returns another diamond, declarer will win the trick with the king. He then will take his club finesse and East will have no other diamond to return. His natural return will be a heart, and South must not finesse, but must go right up with his ace. a tt a Now let us suppose that it is South who holds the ace and queen of clubs. West still would open a diamond.

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The declarer now holds the ace of clubs and the club finesse must be taken toward the West hand—in other words, toward the hand which holds all the diamonds. The declarer in this case must win the first trick with the queen of diamonds, enter dummy with a spade, return a club and take the finesse. Even if West does hold the king. South still holds the king and one

Confidence Is Voiced by City’s Leading Bankers

Financiers Express View That Roosevelt Acted With Wisdom. Bankers of Indianapolis, tired from days and nights of work, today expressed confidence that the fourday bank moratorium ordered by President Roosevelt will lead to readjustment of the national situation. Elmer W. Stout, president of the Fletcher American National bank, who has been in the midst of the local banking battle for days, said that the President “is to be commended for his promptness in acting in the pn ,*nt financial situation.” “It is apparent that he has realized the condition of the United States and it is gratifying to know that the administration expects to enact legislation to stabilize business in this country.” Arthur V. Brown, president of the Indiana National bank and the Union Trust Company, termed the

diamond, which has the suit stopped with West in the lead, although it is not stopped if East were to get in the lead. The original hand—with North holding the ace of clubs—also embodies another interesting holdup. Suppose that West opens the five of diamonds. East plays the jack. Declarer would hold off and play the seven. Now when East returns the nine of diamonds, South will play the queen and West can employ a pretty holdup by refusing to win this trick. The declarer now will finesse the club, East will win with the king and will return the six of diamonds. South must play his king, West will win with the ace and cash two good diamonds, in this manner defeating the declarer’s contract. In this case the declarer attempted to make the hand by employing the holdup, but West countered with another holdup, which defeated the contract. Don’t be too anxious to win a trick just because you hold high cards. It may be far better bridge to lose a trick now to gain several later on. (Coovrleht. 19.33. bv NEA Service. Inc.)

Deaths James P. Haynes. 85. 2145 East Garfield arlve. mitral insufficiencv. Marv Reinacker. 82, 2143 South East, chronic myocarditis. Joseph Porter. 54, city hospital, hypostatic pneumonia. | Sarah E. Lyster, 71, 545 Holly, acute myocarditis. James L. Wade. 79. Central Indiana hospital. chronic nephritis. Atimiss Halpin, 51, 1001 Ingomar, pulmonary tuberculosis. Marv E. Westfall, 70, 2820 North Denny, diabetes. Jennie Baber, 84, 37 North Gray, chronic ! myocarditis. i Jacob Fcest, 48. 1426 North Holmes, | carriio vascular renal disease, j William Scarpone, 17, St. Vincent's hosi pital. encephalitis. ) Ella Kelleher. 65, St. Vincent’s hospital, lobar pneumonia. Alma May Rush. 57, 3714 East New York i cerebral hemorrhage. | Sylvester G. Walden. 77. 1758 Howard, i cerebral thrombosis. Alire Geraldine Pedigo. 1. city hospital j broncho pneumonia. Carlton A. McLean. 60. 3966 North I Canitol. hypostatic pneumonia ! James Edgar Ellis, 59. 2022 English ! coronary occlusion. Lewis Hill. 33. city hosiptal. appendicitis George M. Gray. 60, 5731 Madison ; cerebral hemorrhage. Alice M. Burcham, 71. 1342 Oliver, lobar pneumonia. Dorothy Mae Roland. 12. Riley hospital, acute endocarditis. Charles H. Candedo. 55. Methodist hospital, general peritonitis. Virgil Lane. 14, city hospital, epidemic meningitis. Anna Scribner, 72. Methodist hospital, broncho pneumonia. In the Air Weather conditions at 9 a, m.: Southeast wind, 9 miles an hour; temperature, 34; barometric pressure, 30.11 at sea level; general condition, overcast, hazy; ceiling, estimated 6,000 feet; visibility, 5 miles; field, good.

national holiday “the best thing that could happen; it puts the government behind the banks.” “The situation has been met by' the President’s act and readjustment is a certainty,” Howard C.j Brinkley. Bankers Trust Company president, stated. Irving Lemaux, Security Trust Company president, raid: “I feel that the President has risen to the emergency and has handled the situation in a splendid manner, as the citizens expected he would. I feel that congress will enact sane legislation that again will restore confidence to the people.” John P. Frenzcl. president of the Merchants National bank, said he believed it “was the wisest thing to do.” “In a short time conditions will be better,” Frenzel added. “I believe that it will be only a short time before confidence is restored.” declared Mayor Reginald H. Sullivan. "The people of Indianapolis are showing a great spirit.”

PAGE 9

GRAIN FUTURES TRADING HALTS FOR FIRST TIME Record of 85 Years Broken as Moratorium Stops Operations. />.’/ Vnitrd prr.cx CHICAGO, March 6 —The world's ! greatest grain pits and the financial pivot of the nation’s vast farm markets were at a standstill here today. Only the Chicago livestock market and cash grain dealings remained open in the face of the bank crisis. For the first time in eighty-five years futures traders were silenced in the Chicago Board of Trade. But while financial and lawmaking leaders fought courageously to | meet the critical situation, the conquering spirit of America bulwarked I the man on the street. In the sec- ! ond largest financia’ center of the country there was a calm that belied the tense period. Optimism and hope for anew deal routed all traces of panic. The ordinary citizen caught what humor there was in the situation and waited for the solution he felt sure was near. Bankers Act Quickly Chicago bankers acted quickly for immediate relief. They arranged to open a central cash station in the National Bank of the Republic. Thirty-five windows were lined with clerks ready to hand out change for large bills. Bankers felt this would solve the city’s immediate pressing problem—circulation of money. Charles Schulze, president of thp Chicago Livestock Exchange, planned to continue buying uninterrupted. He said checks or certificates would be given packers, to be cashed when the crisis passes. Except where dealings were on cash basis, movement of grains, flour, provisions and commodities virtually were paralyzed. Market leaders anticipated, however, that within a few days trading would resume either on a scrip or certificate basis. In La Salle street, second only to Wall Street as a money mart, all stock transactions were halted. Bankers calmly conferred on means ; and methods of rehabilitating their ; institutions. Two of the city’s outj standing financiers, Melvin Traylor. ! president of the First National j bank, and James Leavell, president ! of the Continental Illinois National | bank, wore in Washington conferring with Secretary of the Treasury Woodin. Await President's Word Officials of the federal reserve lent their counsel and authority to individual bankers. Governor Henry Horner, who Friday night declared the Illinois banking holiday, left, for Washington after a final parley with bankers. Downtown merchants, both large and small, offered various solutions of continuing trade. Some issued goods on credit. Others resorted to scrip. Tickets for sporting events were sold for personal checks. Several national chain stores which previously have operated strictly on a cash basis, said they would decide tonight whether they would extend credit. Machinery for issuing Chicago clearing house certificates was geared for immediate action. Officials av'aited, however, word from Washington or New York indicating what national policy would be adopted. TREASURY statement XT t . , March 4 a]? nce for March 2 $lB4 453,680.21 expenditures reels., mo to date 1.132.0C2 71 GIRLS’ ARMS CRUSHED Body Injured When Hands Are Caught in Wringers. Two girls incurred badly crushed arms today when their hands were caught in washing machine wringers. Marie Terry, 2, daughter of Rose Terry, of 733 North Haugh street, is in city hospital with an injured right arm. and Evelyn Degolicr, 3, daughter of Oral Degolier, 1222 South Sheffield avenue, is undergoing treatment for an injured left arm. BABSON HITS HOARDING Banks of U. S. in Better Shape Than Since 1929, lie Says. B’l l liitrd Press LAKE WALES. Fla., March 6 Roger W. Babson, financial expert, asesrted here today that banks of the United States “are in a stronger position than at any time since 1929.” He blamed The people, and not the banks” for hoarding “in safes, mattresses, sugar bowls, and pockets,” and urged the nation to use that cash “to pay bills, buy goods, or take it back to the bank.” Births Girls Fred and Juanita York. 3015 East Twen-ty-second. John and Ann Riley, 350 Terrace Harold and Sarah Emrick, 2320 Spann. Frederick and Charlotte Ballweg. Coleman hospital. Samuel and Freda Williams. 1303 N. Grant. David and Dorothy Adams, Coleman hospital. Boys Edward and Helen Holderith. 1306 S. Richland. Russell and Lucile Mansfield. 1332 S. Alabama.

WANTED!! 8500 to 81,500 for a participating interest, or as a direct loan secured by new merchandi. e in warehouse. Monev to be used in expanding sales of a registered, lowpriced product manufactured In Indianapolis. Will pav liberally for tempi rarv accommodation. For personal appointment address Box 526. care Times.

12 BRANCHES Jf letcfjer Crust Company