Indianapolis Times, Indianapolis, Marion County, 5 January 1940 — Page 16

| Ind

PAGE 16 | Automobile News—

DEALERS HEAR MNUTT JAN, 22 AT WASHINGTON

Murphy will Speak on ‘The Iron Law of Progress’; Others Will Talk.

Limes Special 5 - . DETROIT, Mich. Jan. 5.—Federal Security Administrator Paul V.

McNutt will be one of the speakers|

at the convention of the National Automobile Dealers Association at , Washington, D. C., Jan. 22-25. Mr. McNutt will deliver the opening address at the 23d annual meeting of the group. Frank’ Murphy, nominated yesterday by President Roosevelt to the U. S. Supreme Court, will speak on “The Iron Law of Progress.” “What’s Ahead in Federal Legislation” will be discussed by Rep. Wright Patman (D. Tex.). Harlan W. Kelley, special counsel of the Wisconsin State Banking Commission, will discuss developments in state legislation. Other speakers for the convention include Samuel Heimlich, veteran Long Branch, N. J., auto dealer, “Restoring Legitimate Competition in Automobile Selling,” and James Dalton, Motor Magazine editor, “Diagnosis vs. Cure.”

4000 Kokomo Citizens

Inspect Delco Plants

KOKOMO, Ind. Jan. 5—More than 4000 Kokomo citizens now

| have a better idea about the work-

ing of their auto radios and car‘buretors after! a tour of the Delco Radio Division plants here. On the invitation of C. S. Swayze, general manager, they attended a recent all-day “open house.” Par- _ ents took the advantage to see what their children, employed at the plants, do during working hours. Wives were initiated in their husbands’ occupations. Some office workers saw for the first time what goes on in the plants. Many civic clubs toured the plants in a body. Classes of school children also attended. |

The visitors were conducted

| through both: plants by selected em-

ployees and watched complete operations in the assembly of radios and carburetors. “The Broadcaster,” a publication explaining the operations the visitors saw, was distributed.

G.-M. Magazine Devotes Two Pages to Anderson

“Folks,” the monthly magazine of General Motors employees, devoted 4wo pages of its January issue to pictures and facts about Anderson,

“Anderson has 116 manufacturing plants, turning out 145 different products,” the magazine says. “Gen- _ eral Motors’ products manufactured there include headlamps, horns, starters and generators. “In 1895, the Remy brothers in Anderson perfected their first prac= tical electric dynamo = which was used on statiopary and marine engines, the forerunner of the magnetos they produced for early automobiles. Remy Electric Co. became part of United Motors in 1916, and in’ 1919 United Motors became part of General Motors. “The Delco-Remy and Guide Lamp divisions of General Motors at ‘Anderson employ more than 10,000 persons with last year’s payroll amounting to $9,892,542.”

Named Distributor for Semi-Trailer Units

Times Special : PHILADELPHIA, Pa. Jan. 5.— The Fruehauf Trailer Co. of Detroit has been named national distributoz» for integral - framed semi - trailer units by the Edward G. Budd Manufacturing Co. of Philadelphia. Orders for 10,000 of the stainless steel semi-trailer bodies have been received, 2000 of which are to be delivered in 1940. The bodies will be shipped in knocked-down form to Fruehauf plants for final assembly.

_ Assembly will be by the “shotweld”

process, under a special license from’ the Budd company for the work.

ADAMS TOWNSHIP BUYS A FIRE TRUCK

Times Special i BERNE, Ind. Jan. 5—The first fire protection for the rural residents of Adams County was at the Berne Town Hall today, ready for use in southern portions of the county. It is a new fire truck purchased by ' six Adams County townships. The truck will be operated under the supervision of the Berne Fire Department and will be used exclusively for fighting rural fires. The truck has all necessary equipment including a 400-gallon centrifugal pump, a 300-gallon booster tank and about 150 feet of hose.

STUDENT NAMED TO LAKE GENEVA GROUP

Cloyd C. Rose, Indiana Central College junior, has been named to

"the Lake Geneva Planning Commit-

tee ‘and will help plan the student conference to be held in June at Lake Geneva. ; | The conference will discuss collegiate problems. Students from-In-diana, Illinois, Ohio, Michigan, Wisconsin, Minnesota, North Dakota and South Dakota will attend.

FIND GOLD FLAKES NEAR GRAND COULEE

GRAND COULEE, Wash, Jan. 5 (U. P.)—You don’t have to go into “them thar hills for gold”—it’s lying in flakes along the Columbia River behind Grand Coulee dam to the extent of 25 to 40 cents a yard. Several groups are busy sluicing the gold from top soil in the area being cleared by the WPA for the back-water lake Grand Coulee dam “will create. They reported making an average of $4 a day.

renee

WOODSTOCK

nation in the development of radio

This mask wouldn’t be much good in a gas attack, but it fights off freckles effectively. Dark glasses and a “breather pipe” make for comfort in this freckle-

proof sun mask worn in Miami, Fla, by Mary Jane Dognan.

FIGHT ON CRIME BY RADIO GROWS

29 ’ Municipally Operated Stations in Indiana; 4 or 5 in 1935.

Indiana has kept pace with the

as a major weapon against crime, a

survey showed today. There are now 29 municipally operated police-radio stations in the state, while at the beginning of 1935 there were only four or five stations, according to Sergt. Frank W. Mor=row, communications officer of the State Police.

State Stations Set Up

Since that time, too, State Police have established basic stations at Indianapolis, Dunes Park, Columbia City, Seymour and Jasper, and three secondary stations at Putnamville, Lafayette and Pendleton. Twenty-one out of the 29 municipally operated systems use the twoway radio, in which outside officers can talk to headquarters. The first police-radio station in the U. S. was set up in Detroit, Mich, in 1928. Since that first venture, police-ra-dio systems have been established by approximately 900 municipalities on wave lengths assigned by the Federal Communications Commission, according to a report issued today by the International Association of Chiefs of Police.

Soar in 1935

The major growth in the use of police-radio came early in 1935. . In April of that year there were 184 municipal police-radio systems in the U. S. By the end of 1938, the figure had grown to 668. About 45 stations are under construction. In 1935 only 11 states operated police-radio stations, the association reported. By the end of 1939, the

28 states.

15 GLASSES ADDED TO EVENING DIVISION

Fifteen new courses have been added to the second semester curriculum of the Butler University evening division, Prof. George F. Leonard, director, announced today. | The new courses include methods in speech improvement, Christian art, modern English and American prose, history of Italian Renaissance painting, appreciation of antique arts and crafts, household embellishments, practical applications of

troduction to psychiatry, handcraft in special education, studies in social ‘maladjustment, reconstruction in secondary school curricula, the public schools and the public, advanced newspaper photography and vocational adjustment of high school youth. Pre-registration for the evening school will be held Jan. 8 to 27, and second semester evening school classes will meet Jan. 29.

ICE CREAM, MELON GROWN OGDEN, Utah, Jan. 5 (U. P).— A new variety of melon developed by Arthur Combe is a double delight —it features also the flavor of ice cream. Somewhat like a cantaloupe and good to eat, the melon will be commercially usedito flavor ice cream and qther food products.

'UNREDEEMED

FUR COATS

AS LOW AS

$5.00

TYPEWRITER

Condensed Statements

The Indianapolis

of Banks and Trust Gomparles—Venbers of Clearing House Association

American

National Bank

Indianapolis, Indiana

Statement of Condition December 30, 1939

RESOURCES

Cash on hand and on deposit with Federal Reserve Bank and other banks ............ United States government securities. Other bonds and securities Stock in Federal Reserve Bank Loans and discounts. . ........... Bank ‘buildings and equipmen Customers’ liability account acceptances and letters of credit avis Accrued interest receivable and othe: resources

LIABILITIES

- Preferred stock ... Common stock . Undivided profits n : Reserve So dividend payable common stock Fess Reserve for retirement of : preferred stock 25,000 00 Reserve for taxes, interest, contingencies, etc ..

Interest collected but not earned......ecoce... Deposits .......... Pra ijiu ine des cesesensanen.

..$20,167,501 83

. 17,688 90

"$44,010.24 20

325,000 00 - $ 3,195 d letters of credit outstanding . 1 rs of C 1 Acceptances and le > : mx .. 40,503,182 15 ; $44,070,224 20 Member of the Federal Deposit Insurance Corporation

. 14,519,610 41 1,199,772 12 85,500 00 U. 8. 7,061,062 57 ; 936,788 05

Cash on Rese Stock in

82,210 32

Surplus Undivid Reserves Interest,

501 36 689 33

rve and other b:

Loans and discoun Bank building and equi Other rea] estate own Customers’ liability account BCuepRances. ious Accrued interest receivable and bther resources

and unpaid Dividena payable January 2, 1940....cc00000.

The Indiana

National Bank

of Indianapolis

~ Statement of Condition December 30, 1939

RESOURCES hand and on deposit with Federal anks

. vernment securities.........ccce0e00s Other bonds and securities J

sape00cceyp

the Federal Reserve Bank.....esse.

esses sede ene

Belkiva dade vied sseevese 930 95 163,711 43 Ta | $142,877,308 55 LIABILITIES

Capital sesscncessessscsssnsses $4,000,000 00

,000,000 00 cessesssases 9,455,652 61 $ 11,455,652 61 bres 1,500,000 00 taxes and other expenses accrued ;

110,000 00 *0eevsc0ssnese 129,566,156 34 930.95 201 63 $142,877,308 55

'688 90 Acceptances Outstanding .....,...eeeesorrors Other liabilities 0000000000000 00000000000000 0

Member Federal Deposit Insurance Corporation

244,367 02

The Merchants National Bank

of Indianapolis

Statement of Condition December 30, 1939

RESOURCES

Cash on hand and on deposit with Federal | : Reserve Bank and other banks..............$17,988,040 13 United States government securities....ecv.... 9,436,579 28 Other bonds and securities.....ccceeeeeseeees.. 3,711,551 18 Loans and AISCOUNIS.. ...0cnvesnearssevaceinis 8,112,630 96 Bank DUANE. scone sstrssnseosssssessenses 900,000 00

Total $6009000000000000000800000000040008008000 .$40,149,701 50

LIABILITIES

Capital Ciavtrkds ris resessrsnesrersmnsensneriBI1LS0/000 00 Surplus $5 0000008000000000000000000000000000000 1,250,000 00 Undivided profits..........cocce000000000000000 1,119,215 6T Reserve for taxes, interest, elC.casrsssei see 241,460 80 Deposits resis 03

Total : ssersassusesess sess essssuetssstnessess + $40,140.70] 50

Member Federal Deposit Insurance Corporation

Fletcher Trust

Company

Statement of Condition December 30, 1939 BANKING DEPARTMENT

RESOURCES

Cash on hand and with Federal Reserve and other banks...... United States Securities

Other Securities Loans and Discounts

Other Real Estate Other Resources .......... gi.

LIABILITIES

Capital Stock $ 1,500,000: 00 Preferred Capital Debentures .. 760,000 00 urplus and Profi 1,065,736 43

0000000000000 00

,404,161 05 584,481 28

TRUST DEPARTMENT Trust Funds Invested Trust Funds Uninvested i Customers’ Securities Co te Trusts Real Estate Trusts ........ ver

State and Municipal Securities. .. oe tea Stock in Federal Reserve Balk. .....oeeesenss

Bank Buildings (8) and Equipment.....ceee...

sesesveccdsrsee sce 000000ce

$41,932,017 52 5 Other reserves ... * Deposits

ao 3 Total banking liabilities .. .. 237509 . : : .. 23,797,319 00 5,393,018 80

Member Federal Deposit Insurance Corporation

$12,280,584 42 15,304,779 04

,000 00 6,055,153 91 1,096,696 74 626,830 46 8,998 43

Office

$ 3,325,736 43 167.744 21

38,438,536 88 capital

1 00

Cash on hand and in banks U. S. government securities Municipal and Federal Land Bank bonds Other bonds and securities....... Less reserve Loans -and discounts .....ceevoevoeecioneienns. 2,340,241 90 Furniture and fixtures ...ceeoc0.. Real estate: J

Less reserve $41,932,017 52 Other real estate

Total banking asset8 .....ovevecesceivesaons. $5,264,963 66

Fidelity Trust Company

Statement of Condition December 30, 1939

‘RESOURCES $1,646,766 42 650,625 38 $2,207,301 80 207,215 19 159,500 00

18,494 30 141,005 70

building 250,000 00

20,000 00

230,000 00

39,108 47 269,108 47

» IER EEE RE RRRE]

LIABILITIES

Capital stock .............. oiees..$200,000 00 Capital debentures : cesses 82,000 00 Surplus undivided profits and cosesssesises 129,837 95 $ 4] 2% »

4.830.178 8 .$5,264,963 66

reserves ....

TRUST DEPARTMENT

Trust investments ..... ............... Cache «..$ 173,287 24 Member Federal Deposit Insurance Corporation

‘ United States government obligations..cceeeee. oO

Registrar s

- The Union Trust Company

of Indianapolis

Statement of Condition December 80, 1939

: RESOURCES Cash on hand and due from banks......eeeee..$22

ther bonds and securities. .ccceeessocroccccne

S238 2

35% 22

neon

ther resources *isnsasaeterstesssnenenstsanenl ow » ‘ila 1] Total resources csseseessesssssesvesnaniins + $35,143

| LIABILITIES Capital stock cisasesesssesssenssnsesyereipuwe sy

Surplus Undivided Profits ....cooooeeseeen Dividend payable January 1, 1940 ci]

Deposits . Other liabilities essence soes ; Total HAIHHES «nner ihr veresemassnesssss $38,142,338 60

g el 3ss23us

2853 22833 S1SISS

s2 §

00000000 2

Trustee cor

ks eesscecsccsnenie

Member of Federal Deposit Insurance Corporation

figure had risen to 210 stations in}

psychology, the letters of Paul, in-1

Thirty-two pages of maps” handsomely printed

in four colors, bound~lin bristol board covers— by up of whole lands and people from the rise of civilization more than 5,700 years ago to the| latest conquest of Poland; these are all contained in the Historical Atlas, now available to you from our Washington Service

picturing the swallowi

Bureau.

In it you can follow the Huns, the Goths, the Vandals and the Anglo-Saxons on their sweeping invasions of Europe and north Africa. sail with Verraxano, Bspucius, Columbus, Hud-

son and Cabot. T ese maps will sh tent how we added the

and Texas.

at a glance

You will see how +

Europe in 1914: Eur

why and how new boundaries were

the World War. And the map of Europe in 1939 shows the present upheaval in Europe to and including the German-Saviet occupation of Poland.

If you want. this valuable publication send the coupon below with fifteen cents in coin or stamps, and other costs.

to cover return postag

‘Indianapolis Times Service Bureau, F. M. Kerby, Director, ept. HA-1, 1013 Thirteenth St., ~ Washington, D. C. | |

Enclosed find 15 ce copy of the 32 page Historical Atlas to

NAME .ecoveersien

S'ecovvvseconnon

ST. & NO... ooh

CITY Pererresniiiiaihona, STATE...

Germans almost reached Paris in 1914; the battle line when the armistice was signed in the First World War; the territory occupied by the Allies|after the Versailles Treaty.

; pe in 1919 to 1938; a racial map of Europe that helps you to understand

CLIP co PON HERE

ts in coin or stamps; send my

You can

the vast eXx- Reserves

f our own Lousiana Purchase: when and Peon. Iregon Country, California

Capital stock Surplus : Un ivided Profits. .ceeesscieniecncsansctonssenss

Bankers Trust

- Company

Statement of Condition December 30, 1939

RESOURCES

Cash on hand and due from banks.............$1,505,509 18 United States government securities....coeeee.. Other bonds and securities Loans and discounts............... susivslinevenas Company's office building and banking house... Other real estate owned Furniture, fixtures, and vault....cieeevsecsvess Other resOUrces..........ccoieeesssesadsacesss.

Total vevecsveeasesessosnisibsivassesedenesees$4,391,500 57

577,458 48 368,179 72 784,390 12 990,000 00 151,509 10 9,605 21 4,854 76

e0cvese00ce

LIABILITIES

ssedvanedienescessee rsd 500,000 00 ’ 300,000 00 45,000 00 35,843 82 3,483,626 06 €S.co00s00s0s000s0cs0ssensonsesees 217,126 69

cesevessnnessssasensescneanes... $4,391,506 57

900600050000 ¢000000000000000 000

“ 900000000000 0000000000000000000

000000000000 008s000008000000 00

- Member Federal Deposit Insurance Corporation

Undivided profits cssesevessa sss se SLITS SRN

Deposits

Security Trust Company

9 u

Statement of Condition December 30, 1939

RESOURCES

"Cash on hand and due from banks. ....ecve...$1,574,680 39

United States government securities ...ecessse0 1,003,910 04 Other bonds snd securities ...ccccccesoncescons 668,814 80 Loans and discounts ...ccecccc0000s0000000000e 1,453,721 Bs Purniture and fixtures 0000000000000 0000000000 Other real estate owned 000000 000000000000 000 Other resources 00000000000 0000000000000 00000 0

111,706 34 11,568 70

$4,846,252 84

LIABILITIES-

Capital stock Peeve neseccne Jesssessseessesnven § 200,000 00

Preferred capital debentures ....eeesceeecccsss 199,200 00 52,204 73

0008080880 0000000000000 0 4,370,848 11 $4,846,252 84

Reserves

se00000p00000

Member Federal Deposit Insurance Corporation

21,841 78 -

drawn after

Total

Capital . Surplus

sescnscses 9 Deposits

Loans and discounts .. Bank building Other real estate OWNEH. coer erssvssvesssssasss Other ASSBUS.....0c000irnesocesisesssassesenes

Undivided profits and TESOIVES. ...0veeensreess

The Indiana

Trust Company

Statement of Condition December 30, 1939

RESOURCES

Cash on hand and due from banks ...........$ 4,082,245 13 United States government securities. .....ee...

5,975,009 11 se0se00c00000000000000 5,853,772 66 485,000 00 187,341 25

sssssesssnsnnsinrsnssrsensnnrensnss $19,856,106 n

LIABILITIES

srsesesrtentiiiinniiciisnannrogeones 1,000,000 00

1,000,000 00 175,961 73 iw Preven sur tianeseiesesesessssese es 17,592,484 84 89,660 14

saswsenninus seen sisseeseqoccsssceeis

Member Federal Deposit Insurance Corporation

3,268,798 38

5940 18

The Peoples State Bank

Statement of Condition December 30, 1939

RESOURCES

Cash on hand and due from banks.............$ 822,255 23 U. 8. ernment caessneusevusrsvsnsrese 39400 FHA" ured mortgages “0000000000000 0000500 000 Bonds sid Sacutiiies Leese 808800000000 0% 00 eee Loans an un eevee ReteS . Bank Qullging snd equipment ....ccececneee Tr Ire estate ....... .. i ieee s0000000000s on interest and other assetS..ccceeeeesese

98 62,311 33

! : LIABILITIES

& bt ceveeess. $1,730,841 74 Tomand «psessessrrsansenssee Bh lpin 01 Other liabilities ss "0000000000000 00 0 Cnearned Siseount account: . r apital and debentures. .........$335.000 » Yrcistribuied enrBngs seearerss 30,073 34 § 385,975 33

otal HADIHHES ..ceoeecessesesonsanssessesss $2,802,737 34

74,122 21 ne 3,640 45

sscscsesteneoe

Member Federal Deposit Insurance Corporation

15,621 68 Total resources cevsasrenagsesanaennsncesnss $2,802,737 34

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