Indianapolis Times, Volume 45, Number 31, Indianapolis, Marion County, 16 June 1933 — Page 16

PAGE 16

INSULL UTILITY RECEIVERS SAVE MANY MILLIONS First Official Report Made: Great Strides Are Revealed. H)! I nitrd I‘rrtt CHICAGO. Juno 16.—Receivers for Middle West Utilities companv. former billion-doJlar Insull unit, in their first official report since the receivership was instituted i n 1931, today showed an operating saving of $10,000,000 annually in that time. While the seventy-one units making up Middle West system still have a consolidated surplus deficit of $175,152,000 as of April 31, 1933. this sum includes a $160,000,000 reserve set up for losses incurred during the Insull regime. More than a third of the company's assets, or $100,000,000. are tied up in the subsidiaries, mostly in the east, which have been thrown into receiverships and removed from

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Roosevelt Pace ‘Too Hot for Me,’ Admits Garner —He Can’t Get to Bed

By Scrippu-Hoirnrd Xttctpaper Alliance WASHINGTON. June 16.—This White House night life is. just killing ‘‘Jack’’ Garner.

the jurisdiction of the receivers of . Middle West. During 1932, the company had a $2,799,582 loss on gross revenues of $67,752,000. This includes a loss of $4,000.00!) on stock market operations incident to closing out of accounts carried by the former administration. GIRL HURLED FROM CAB , . Police Are Searching for Driver, 1 Companion; Young Woman Hurt. Police are searching for a cab driver and another man who are alleged to have thrown Miss Helen Miller, 25, North Alabama street, from a cab at Thirty-seventh street, near Euclid avenue, this morning. She is :Ln city hospital suffering from lacerations and other injuries. Mrs. E. J. Keiser, 3659 Euclid avenue, saw the cab stop near her home and the men push Miss Miller off the running board twice and then drive away. Miss Miller said the men tried to attack her in the cab.

Discussing the President's custom of holding important conferences at night, and the fact that they often last into the

LICENSE DRIVE TO BEOPENED Intensive Campaign to Be Started in State Immediately. An intensive drive against unlicensed operators of motor vehicles was announced today following a conference in the statehouse attended by Captain Matt Leach, state police head; William Storen, state treasurer; Frank Finney, auto li-* cense bureau head, and A1 Feeney, state department of safety director. With 1,500,000 licenses # on hand, only 500,000 have been issued to date. The state treasurer, anticipating $750,000 revenue from sale of licenses,

THE INDIANAPOLIS TIMES

small hours, the Vice-President said; “I’ve got to tell the President I can’t go any more of his con-

is in receipt of only $250,000 at this time. The deadline for new operator's licenses was June 1. Feeney announced he will ask the co-operation of police chiefs throughout the state in rounding up' unlicensed drivers. AWARDED LAW DEGREE Former City Man Is Paid Honor by College’s Board. Frank Leonard Jones, formerly ot Indianapolis, .recently received the degree of doctor of laws from the board of trustees of HampdenSydney college, Hampden-Sydney, Va. Jones now is vice-president of the Equitable Life Assurance Society of the United States, with headquarters in New York. At one time he was state superintendent of public instruction of Indiana. The degree was conferred in recognition of work in the fields of education and business.

ferences. I can’t stand the pace. It s too much for me.’’ Mr. Garner furnished the additional explanation that he goes to bed at 8 o’clock each night—a custom which may have changed the customs of the country, in view of a certain night in June, 1932—and arises each morning at 5 o’clock. Naturally, he says, he can not be expected to break the habits of a lifetime simply because the White House does not adhere to the system of “early to bed and early to rise.’’ When “Jack" was asked why he did not stay up late and sleep

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later in the morning, he replied: “I can't do it. It's tooo late to teach this old dog new and iricky hours." Then, humorously: “You see, the President can sleep late in the morning. No matter what happens. I got to get up and open the senate." The Vice-President apparently forgot that, except toward the close of a session, the chamber over which he presides does not open for business until noon. Most White House conferees disagree with "Jack.” They much prefer Mr. Roosevelt’s friendly, informal night meetings to the stiff#

OPEN SATURDAY NIGHT

and chilly breakfasts which Messrs. Coolidge and Hoover used to hand out. YOUNG DUNKEL HONORED Given Degree in Comparative Philosophy at Chicago. Harold Dunkel. son of Dr. and Mrs. J. Ambrose Dunkel. 3815 North Delaware street, received the honor scholarship in comparative philosophy Tuesday at the commencement exercises of the University of Chicago. He will spend several weeks with his parents before resuming his studies at the university.

NOW 3 STORES

JUNE 16, 1933

ANDERSON WILL BE NEXT HOST TO ELKS Closing Business Session Is Held at Michigan City. By I nitrd Pm* MICHIGAN CITY. Ind.. June 16. —Anderson was selected for the 1934 Indiana Elks convention today at the concluding business session of this year's meeting. Date for the convention will be announced at the midwinter meeting. A parade and stag picnic concluded festivities here today.