Indianapolis Times, Indianapolis, Marion County, 2 December 1936 — Page 17

WILLIAMS DELVES INTO St. Andrews Among First U. 8. Courses|

“Andrew Carnegie One of .. Early Links Enthu- | siasts.

‘WEDNESDAY, DEC. 2,

. BY JOE WILLIAMS Times Special ‘Writer | NEW YORK, Dec. 2—~They say the best wdy to enjoy the six-day bike races is to take a good k with you. If this is so and you happen to be a golf fiend I. suggest [you ~take H. B. (Dickey) Martin's new tome, “Fifty Years of Ame Golf” which is by way of being [the

Mr. Mart n’s work spans [the life of the sport from the days of

dudes to [the high pressure tournaments (of the current period. It i « Yi . work made * Williams tinguished by | he industry and thoritative touch of the writer has squirreled through bales of he cient documents to produce a book that teems with interesting and hitherto unrevealed facts. Let’s skim through the pages. It is "pretty generally known that the first golf club that was destined to endure in this country was organi%éd at Yonkers, N. Y., in 1888 and was named St. Andrews. It is still doing business. One of the old members of the club was Andrew Carne-

es gie, the steel king. Even in those

» darkness fell,

. Jums and gangsters.

times there must have been hoodAt any rate Carnegie always left the club before He was afraid of be-

+ ing kidnaped,

¥

f

-.The old St. Andrews crowd was a fastidious set. They arrayed themselves in peacock plumage. When they assembled at the first tee for

+ action they looked like the St. ; Mary’s football team. They wore red

g ats with brass buttons, checked

e Waist coats, pearl gray hats, gray

S .gnickers, gaudy colored hose and ryeray gaiters.

Those gray gaiters must have been something, eh? No ~ wonder the vulgarians of the period ‘pereamed, “Whoops!” and waved

! g#heir handkerchiefs at the dandies.

ves alkyrie.

| was one Hollis Honnewell. uninitiated gallery had formed to].

3 Confiscates Clubs

Not more than a dozen people in America knew anything about golf in the days of its inception on these shores. Even the implements were looked upon with suspicion. Mr. Martin tells of the time when a punctilious customs inspector con-

fiscated a bunch of clubs, suspect-|

ing they were deadly weapons, and ent them to Washington for an of-

| ficial ruling. Perhaps it's just as

well the matter was not referred to the Supreme Court. The game ight have been ruled unconstitutional. A hole in one is still something of a rarity in the life .of the aver~ age player, yet Mr. Martin discloses that the very first shot ever attempted in the Boston district flew straight intq the hole. The gentleman who performed the miracle A small,

see this initial demonstration in New England. The on-lookers re- | mained singularly unmoved by the phenomenon. After all, wasn't that the main idea? -They played with the guttie in the early days, a hard solid ball with little or no elasticity. It took a whale of a drive to send the guttie down the fairway 200 yards. As a. matter of fact in the first recorded driving contest a Dr. E. C. Rushmore won the event with the prodigious distance of 182 yards. Nobody talked glibly of 300 yard drives in those days. :

— Sensitive to Heat

““For all its ruggedness of character the guttie was curiously sensitive to heat. In the rays of a scorching sun the guttie would soften up and under the pressure of punishment acquire all sorts of grotesque shapes. Willie Parks Jr., the British prof nal who invaded America in the a0, dealt with the problem in a practical manner. He eéarried his gutties in a pail of eracked ice. Subjected to refrigeraSion the gutties kept their original ~graceful contours. Probably the best-known injuncfion in golf is “keep your eye on the Ball.” Mr. Martin tells of a strange gentleman who applied the injunc‘tion literally. The gentleman's name was Walter Breeze Smith, and- he - must have been the Joe Ezar of his time. When he teed up his ball he took out his glass eye (he was a _pne-eyed man) and placed it on p of the ball. “That,” he explained, Smeans keeping you eye on the ball.” Can you imagine what delightful fun it was playing with Mr. Walter Breeze Smith * One of the 2 lier amateur championships, scheduled for Newport, was postponed for three weeks on Sccount of the International Cup ces between Defender and the The International Cup are still very

1036

second year on the varsity.

State Group Bars Matman

Babe Zaharias Suspended . After Armory Bout.

"Babe Zaharias, Pueblo (Colo.) grappler, today was indefinitely suspended from appearing in a local

wrestling ring after his “ungentlemanly conduct’ in a match at the Armory . last night with Irish Tommy O'Toole of Phoenix, Ariz. Sam Murbarger, state athletic commission chairman, announced the action,

out-of-three fall match by O'Toole and after the bout stormed around the ring shouting his defiance at the spectators who booed him lustily because of his rough tactics. The first fall went to the Irishman in 17 minutes when he pinned Babe with an Indian deathlock. The Colorado matman came back to win the second heat in seven minutes and even the match. Irish Tommy won the final fall, however, with a body press that followed a series of slams.

Slagel Victor

Sol Slagel, rotund grappler from Topeka, Kas., and Roland .Kirshmeyer of Oklahoma City, wrestled 33 minutes in the main event on the program before Slagel was able to take the first fall and end the match with a back breaker and body press. Kirshmeyer, lanky six-foot, sixinch wrestler, was assisted from the ring by his seconds after the bruising first fall and was unable to return for. the remainder of the match. The opening bout between Dorve Roche, New Orleans, and Jack League, San Antonio, went to Roche with a rolling split after 15 minutes of struggling. During the intermission at last night's mat show it was announced that Everett Marshall, La Junta, Col., claimant of the world’s heavyweight wrestling title, would-appear on the Armory program next week. Marshall, one of the wrestling sport's fastest and most clever exponents, is recognized in his home state, in Illinois and several, other states as the world champion. The National Wrestling Association and aphiokimalely 40 state associations n Detton, Salt Lake City, ‘as the title holder, however.

created. Up to that time it had been: the custom to play the ball where it lay. It. develops the matter of amateurism is: scarcely a modern annoyance. As far back as 1901 the finger of suspicion was pointed at Toate Chapenian Walter Vv y a - azine editor—the same 3 Tag: who spawned the all-America foot-

Irish Cage Veteran is

Zaharias: was- beaten in--a -two=|--

One of the mainstays on this year’s Notre Dame basketball team which opens its season against Kalamazoo College Saturday, more. than likely will be Paul Nowak who made quite a name for himself on Coach George Koegan's 1935-36 squad. Paul plays center and this is his

4

Shortridge Cagers in Lengthy Drill

Close in shots and foul tosses topped the menu for the Shortridge High School basketball practice session yesterday as Coach Kenneth Peterman sent his chars; through a lengthy drill.

The Blue Devils will play twice this week, with Greenfield playing host to the local netters Friday night and Noblesville furnishing the opposition for the first Shortridge home game Saturday night.

Pitt Seen as

Panthers Given Edge in Poll Of Coast a

By United Press. SEATTLE, Wash, Dec. 2.~The University of Pittsburgh, defeated only by its city rival Duquesne in

one of the season’s outstanding upsets, today was reported to have the

inside track for the Rose Bowl spot |

along with the University of Washington. The Huskies, who won the Pacific Conference title and the right to represent’ the West, will announce selection ‘of their opponent Monday, it is believed. Alabama or Louisiana State, both unbeaten but tied, had received top unofficial consideration for the New Year's Day game, but a poll of the Washington squad .taken by the

Washington ' Daily showed a ma-|{

jority of the players preferred the Panthers.

Want Tough Opponent

“We want to meet the toughest team in the country,” said Max Starcevich, All-America guard. "Pitt was the best team in the East, and outside of W. gion, the best team in the on.” Assistants on the coaching staff also reportedly had told friends that the bid would go to Pitt. Jim Phelan, head coach, However, refused to discuss the matter. Pittsburgh has been to the Rose Bowl three times without gaining a’

victory. In 1928 they went West |

with a great team and lost to Stan-

ford, 6 to 7. VO Yeas ater South.

ern California swamped the oi 14, and in 1933 Tepeaisd wi 35-t0-0 rout.

LEVINSKY IS VICTOR

By United Press LOS ANG Dec. 2-sing Levinsky, Gruss, oe scored technical knockout over Babe Hunt, 207, Oklahoma, in the sixth

’ Gophers Loom

As Big Ten’s Best in 1937

{Survey Effects of Graduation ||

On Conference Elevens.

! BY STEVE SNIDER United Press Staff mw CHICAGO, Dec. 2— 's Perennial Gophers, national football champions for two y and | N chief claimant to the 1936 title, will rule the big ten for another season with one of their greatest teams, a survey of conference graduating Sealers indicated tod

ay. Although Coach’ Bernie Bierman will lose 11 experienced men, including co-captains Ed Widseth and Julie Alfonse, his losses are small compared to those he weathered the last two years. Graduation will wreck the Northwestern varsity that achieved the school’s first undisputed Western Conference championship. Ohio State, losing seven key men, finds its 1937 ‘prospects only fair. Purdue loses seven, too, but the Boilermakers will be better. _In the second division, both Wisconsin and Michigan will face the Big Ten next fall with improved morale and teams fighting back to the top. Michigan rebuilt this year with sophomores and loses only three by graduation. The Badgers, in their second year under Harry Stuhldyeher,’ will be hard hit’ but fortified in crucial places by strong reserves. Departing Gophers Gone from the Gophers will be Ray Antil, Dominic Krezowski and Bruce Berryman, ends; Widseth, All-America tackle; Bud Svendsen

wilkinson, Harvey Ring, Alfonse, Whitman ‘Rork and Clarence (Tuffy) Thompson, backs. Wilkinson, workhorse of the Go-

replace. Transferred from guard, Wilkinson stepped in at quarterback and piloted the Gophers through eight games without a mistake. The Wildcats virtually disappear when the seniors are removed. From the line will go John Zitko, Vange Burnett, Park Wray, De Witt Gibson, Les Schreiber, Hi Bender, Steve Reid, Carl Devry and Leon Fuller. Backs lost are Don - er, Steve Toth, Ollie Adelman Will Boger. Prospects are no better than fair. At the other schools:

Big Ten Survey

Ohio State—Loses seven, including Merle Wendt, Charley Hamrick, In‘wood Smith and Tippy Dye. Prospects only fair, with this season’s , | sophomores the key. Johnny Rabb, + soph- fullbaek;-a.coming star...

Isbells—Cecil and Cody — should

George Bell, Forest Burmeister, John Drake, Wayne Gift, principal losses. Indiana—Vernon Huffman, leading triple threat in the Conference, the hardest loss of seven Bo" McMillin faces next season. Prospects fair. Illinois—When El Sayre, CIiff Kuhn ‘and Tom Wilson kicke@ off their football equipment, Bob Zuppke lost the defensive unit that kept Illinois from going back to “the doormat days.” Some good freshmen coming up, one a passer to watch. Michigan—Jesse Garber, Cedric Sweet and Matt Patanelli—three of the best—will go, but Harry Kipke’s improving “youngsters should be ready. Wisconsin—The tackles go, but guards and backs are good. Eddie Jankowski, fullback; John Golemgeske and Ed Christianson, linemen, hard to replace. Chicago—The line gfaduates. Good bagks remain, but prospects only

Jowa—Looks like another hard year for the Hawkeyes. Oze and Don Simmons leave, so do Ted Osmaloski, center; Gene Liggets, linemhn, and Gordon Mateson, end

Cage Scores COLLEGE St. Joseph's, 41; Taylor, 24." Island U, 61; Princeton

Seminary Wisconsin, 21; Alumni, 13. ‘North Dakota State, 35; Wahpeton Science, 12. HIGH SCHOOL

and Stanley Hanson, centers; Bud

pher backfield, will be toughest to |

and one of the

County Boxing Tournament Scheduled to Open Friday

South. Side Turners Expected to Provide One of Strongest Groups of Entrants.

is lt Bidled Gomblasiand wits

gloves and the division in

, day at the South Side Turners gym which they competed. The various awards are being dis-

strongest groups of entrants ‘in the. event 1s expected played at the Em-Roe sporting

to come from Other entrants in this year’s

godds store and L. Strauss & Co.

journey are to come from a half-| The Em-Roe store is offering a tro-

local athletic clubs and the |phy

to the boy showing the best

College of the North Amer- | mental attitude and sportsmanship Nest Gymnastic Union, in addition {in the tournament.

to unattached fighters. Entries for the tournament were to close today. Each youth participating in the tournament is to receive a bronze pin from the athletic committee and

The tourney is being conducted

on two nights this year, making it unneccessary for the boxers to see action more than twice in the same evening. After Friday's competition

the ranking fighters in the various |the bouts are to be resumed a week weight divisions will be awarded later, Dec. iL :

Davis 3 Cup Threat

By NEA Service

LOS ANGELES, Dec. 2--Japan definitely will become a Davis Cup threat next year, to Ellsworth Vines who, along with Bill Tilden, recently completed a playing tour of that country. The great professional netter

Goes Right In After Old lich

You can tell Blue Star Ointment is & real qualit goes right after and relieves itching of eczema, rash, tetter, ringworm and all those itchy skin troubles. Melts on the skin. Goes in deeply and

brings relief quick. Try it today. —Advertisement.

product by the way it'

{ and is almost flawless. He'll be real threat in Davis Cup play nex season.”

First Ripple Team Conquers Reserv

The Broad Ripple basketball ¥ sity cut down the reserves Rock yesterday in a spirited practice at the North Side gym by a score 34 to 18. :

men in preparation for their tilt of the year with Park School Friday. The Rockets will travel Westfield for a game night.

Teeth Without Plates

Made either stationary or removable, You'll be pleased with this kind of work.

This is not an Offering Prospectus. The offer of these Debentures is made only by means of the Offering. Prospectus: This is published on behalf of only those of the undersigned who are registered dealers in securities in this State.

This issue, though registered, is not approved or disapproved by the Securities and Exchange Commission,

which does not pass on the merits of any registered securities.

$160, 000,000

(of which $140,000,000 are publicly offered) -

i

American Telephone and Telegraph Company

Thirty Year 3Y,% Debentures

Dated, December 1, 1936

Due December 1, 1966

Interest payable June 1 and December 1 in New York City

Coupon Debentures in denominations of $1,000 and $500, registerable as to principal. Registered Debentures in denominations of $1,000, $5,000, $10,000 and $100,000. Coupon Debentures . and registered Debentures, and the several denominations, interchangeable.

Redeemable, at the option of the Company, in whole or in part, upon at least 60 days’ notice, on any interest payment date, at the following prices with accrued interest: to and including December 1, 1941, 107/42 %; thereafter to and including June 1, 1956, 105%; thereafter to and including June 1, 1961, 102'2%; and thereafter, 100%.

Pu The following is merely a brief outline of certain information contained in the Offering Prospectus - and is subject to the more detailed statements in the Offering Prospectus and the Registration Statement, which also include important information not outlined or indicated herein. The Offering Prospectus,

Co re 0s 2 me eb A sett A A

Purdue—Junior tackles and the | make the Boilermakers a challenger. |

and miscellaneous

which must be furnished to each purchaser, should be read prior to any purchase of these Dgbentures.

THE COMPANY American Telephone and Telegraph Company, incorporated in New York in 1885, and its telephone subsidiaries are engaged principally in furnishing communication services, mainly telephone service, in the United States. The properties of the Company consist mainly of toll lines and toll I on and those of its telephone subsidiaries consist mainly of exchange and toll lines, switchboards, buildings, telephone instruments and related equipment. The Company and its telephone subsidiaries are subject to regulation by the Federal Communications Commission and by public service commissions or state or local authorities, within their respective jurisdictions. The Federal Communications Commission is presently engaged in an investigation of the Company and its subsidiaries. Western: Electric Company, Incorporated, a non-telephone subsidiary, is engaged principally in the manufacture of telephone apparatus and equipment about 90% of which is sold to the Company and its telephone subsidiaries. Outs ’ tending as

CAPITALIZATION | (The Company and its Principal Telephone Subsidiarics—Consolidated) 3 June 30, 1936

Funded Debt of subsidiaries consolidated #5994893 4390040408400004 $s 437,594,275 Notes Sold to Trustee of Pension Fund subsidiaries Consolidated. .....veeeeeiannssens 214,373,298 Funded Debt of the Company 440,943,600 Notes Sold to Trust Tes Blamed Comma res seRATEIES Essay 40,313,500 Preferred stocks of subsidiaries erator a, by the public. sasessessassssssssssase 104,311,530 . Common stocks of subsidiaries consolidated—held by the public. .......ccoooeieesiveees 86,709,953 - Capital Stock (18,675,283 shares, par value $100) of the Company 1,867,528,300 ® Giving effect to the issuance of these Debentures and to the issuance in October 1936 of $175,000,000 of Twenty~ Five Year 84,9, Debentures, due October 1, 1961, and to the redemption on December 1,1936, January 1, 1957, and February 1,1987, respectively, of three issues of bonds or debentures Sfgrogeting $332,8,9,900, the total Funded Debt of the Company would be $44,093,700, {Represents par or stated value. ; : ’ tIn addition as of June 30, 1986 there were 11,559 shares under subscription at $150 per share by avupiojets (ineluding officers) of the Company and of certain other corporations to which the Employees’ Stock Plan was extended. 129,250 shares are authorized for issuance to cover conversions of certain bonds of the Company.

EURPOSE The net proceeds, exclusive of accrued interest, from the sale of the Debentures, after deducting F ISSUE the estimalod expenses of the Company in connection with such sale, are expected to approximate

S000 0sesnssssssssssvene

$159,628,000 and are to be applied toward the retirement of the Company’s presently outstanding issue of $150.900.000 of Thirty-Five Year 5% Debentures, due February 1, 1965, which the Company is calling for redemption on February 1, 1937 at 110% of their principal amount ($165,000,000) and accrued interest. The Company expects to obtain the balance (approximately $5,372,000) of the requirements for such redemption, exclusive of accrued interest, from its current cash and temporary cash investments.

. EARNINGS The following figures are taken from the Consolidated Income Statements of the Com mpany, dnd its

principal telephone subsidiaries in the Offering Prospectus and must be read in conjunction with such income statements and the notes appended thereto. Other Income as shown below includes dividend, interest income of the consolidated group. It also includes the proportionate interest of the companies comprising the consol ed group in the earnings or deficits (after dividends) of all subsidiaries not consoli dated, including Western Electric Company. The Offering Prospectus also contains separate Income Statements of American Telephone and Telegraph Company. The Registration Statement contains, in addition to the foregoing, Consolidated Profit and Loss Statements of Western Electric Company and its 100% directly-owned subsidiaries. Six Months ended June 30, 1936 $488,870,271 $919,116,223

$104,806,678 $183,160,747 11,583,352 14,346,928

$116,390,030 $197,507,675 64,589,182

31,310,177 $ 85,079,853 $132,918,493

Year oi $853,825,376

$165,969,789 157,067°

$165,812,722 65,304,258

Year 1934 i $869,525,4 401 $175,042,544 5,596,902

$180,639,446 69,332,407

$111,307,039

A Year 1935

Operating Revenues. .....ccoseesesee

Net Operating Income. .............. Other Income. secesessssssesesensese :

Total Income. sen tesssessssnsees Interest and Other Deductions. ......

Consolidated Net IACOME..¢.20vs2sese

*Negative amount. The figures for 193} reflect odjustments made in various accounts in connection with refunds ordered in certain rate cases. Provision, if any required, for Federal surtax on undistributed sornings for 1936 cannot be determined until ~the end of the year.

$100,508,464

DEBENTURES The Thirty Year 3%4% Debentures will be issued under an Indenture dated as of December 1,1936

between the Company and The First National Bank of the City of New York, Trustee. This issue of Debentures is not secured. It is limited to $160,000,000 but the Indenture > not limit the amount of other securities or indebtedness, either secured or unsecured, which may be issued or incurred by the Company or by subsidiaries of the Company. The Indenture contains a covenant er if the Company shall pledge as securit indebtedness or obligations any stock, owned by it at the date of said Indenture or 2 na rds J ne corporation doing business in the United States of America, or of any corporation qu 50% the © voting securities of any such telephone co tion, the Company will secure the outstanding Debentures of this issue ratably with the indebtedness or ions secured by such pledge.

UNDERWRITING Subject to certain terme and conditions, the Underwriters named in the Offering Prospectus \ have severally to pure an ¢ of $140,000,000 of these Debentures from the Company o da pe = nderariting ar re 1 or yered Io the Dubie ora ,000 . are2%,ora There is no firm co the remaining Company is $2:500,000,

and by certain of itss

$20,000,000 of but the withholding such Debentures for sale, on orate 1937, only to the Trustee of bnsian. Funds established by the Company

Of Commissions, ot 10% or a total of $20,000,000,

Price 102% and Accrued Interest

The Dhdoriniters, including the undersigned. ond the others named in the Offering Plospectu, have afreed to purchase $140,000,000 of these Debentures op the terms and conditions set forth in the ardwell

including the approval of legal matters by Messrs. Davis Polk W.

or the Underwriters, and Mr.

therefor in New York purchase and sale, in the open market or otherwise,

Twenty-Five Year 3%% Debentures, due October 1, 1961, » period

ong or short account, within the limits and during the to Sha OF cring Prospectus, eo

Gardiner tur inten 1 Jor 31 2 acelem, 4 the 0, Tes of J. 7-300 pany Joi tures rary form e a 0 of J. P. & Co. organ