Hammond Times, Volume 7, Number 43, Hammond, Lake County, 7 August 1912 — Page 8

THE TIMES.

Wednesday, Aug. 7, 1912.

BREAK ill MARKET FAILS TO APPEAR

i Wall Street Indifferent to i; Col. Roosevelt Is Shown by Trading Done.

New York, Aug. 7. While "Mr. Roosevelt was hurling ultra-radical shafts at his "os, and brokers generally expected reak of more or lesa huge proportions in stocks, the market held steady, thereby showing the good sense of financiers and what may be considered the weakness of the third party movement. The dullness was relieved In the final hour of the session, but the reaction that took place then was only

the natural consequence of evening up of trades. The indifference of Wall street to the Roosevelt movement is singular. It Is" hard of analysis, unless one grants that the movement Is one largely of noise, whffch lllte escaprng steam from the exhaust pipe does really little damage. Wall street financiers are getting ued to Flooaeylt, they'Jjare in a mfeasnre weighed him and they have also taken his true breadth. It was certainly a discreet policy; to ignore, a it apparently did, the snortlngs of the unchained bull moose In the Chicago Coliseum.

DURBIN NAMED BY REPUBLICANS (Continued from Page one) was to show at the long end of the first ballot by as big a majority aa possible. This program was so successful that the count at the end of the first roll call showed Durbin to have 606 V4

BAMK

WITH THE

Citizens German National Bank U. S. Government Depositary

OUR MOTTO: IVo Deposit too Lctrso for Jm to Protect, Or too Small for i&s to Appreciate.

We Pay You Interest on Your Savings Safety Deposit Boxes for Rent.

votes. Immediately there was a etam- j

pede for his band wagon, so many on the counttes switching to him that the! motion .to, make nls nomination I unanimous wee made before the revised vote was announced. The ethet three candidates Mayor Shank, former Representative John G Chaney of Sullivan and Charles A. Carlisle Of " South Bend withdrew In succession. " -; " Oppow "The Trnata. " Opposition to the Republican party and President Taft Is "fomented by the prosecuted trusts," according to the declaration of the platform prepared by the resolutions committee. More vigorous enforcement of anti-trust laws was ca'led for. The county option plank, which was the stumbling block for the committer, resulted In two reports being made to the convention. The strength of the "drys" was indicated when the convention tabled the minority report of the committee by a vote of 1,004 to 429. The majority report favored county local option. For Six Year Presidency Term. Other planks of the platform favored: - - Workingman's compensation act. Public utilities commission. One term of six years for President. Tariff in accord with results of investigation of a commission. Publication of all campaign expenses. Legislation providing means for

prompt removal of corrupt or incompetent public officials. The theory .of the recall of -fudges was denounced and the "belief of the Republican party in the representative form of government" was reaffirmed.

11 Mr

MUST HAVE--." LIGHTS 01 MACHINES

GARY IMPROVES POLICE SIGNALS Work of installing police alarm signal boxes has been started in Gary. This will give the department thirtyfour boxes as compared with the present number twenty-one. Another change ordered by the board of safety is the appointment of police operators who will tend to the phone calls. During the day time this work has been done by the desk officer, or the day desk servant, and at night bv the r.lght desk sergeant.

REFCSH ASTHHACITH DEALS. Columbus coal dealers are refusing to contract anthracite coat to their patrons at any price, for the reason, they eay that wholesale dealers are refusing to make any contract for the future with retailers. Until today Columbus dealers were contracting anthracite at 8 per ton. They are contracting soft coal at JS.75 per ton.

Chicago

tympany

directly or indirectly, lias sold the land on which the following plants in Indiana Harbor and E. Chicago are located:

Shlcsinger Steel Company Baldwin Locomotive Woks Inland Steel Company Grasselli Chemical Company American Steel Foundries Republic Iron & Steel Company Standard Forgings Company Interstate Steel & Iron Company United States Metals Refining Co. International Lead Refining Company Gold schmidt Detinning Company Hubbard Stet?l Foundries

Cudahy "Dutch Cleanser" Plant Cadahy Car Building Plant - Cudahy Soap, Glycerine and Hair Wks. Linde Air Products Company U. S. Reductipn Company E. B. Lanman Company Champion Rivet Company

Harbison-Walker Refractories Co. McClintic-Marshall Construction Co. Buckeye Steel CastingsConipany Green Engineering Company American Conduit Company Graver-Tank "Works ' ' ' Ward-Dickey Steel Company Famous Manufacturing Company George B. Limbert Company Block-Pollock Iron Company O. F. Jordon Company German-American Car Company . Calumet Car Company Chicago Flexible Shaft Company Concrete Steel Products Company L. S. & M. S. Elevator B. & 0. C. T. Railroad Shops Standard Oil Company Docks Locomotive Superheater Company

Dock Property Factory Sites Acres for Subdivision Business and Residence Lots

3836 .MICHIGAN " AVENUE, INDIANA HARBOR,

Robert E. Tod, President. ' C. A. Westberg, Vice-President. Beverly Chew, Secretary.

Home Building Report of Gary Commercial Club from Special Committee Appointed by Norton Will Be Read With Interest.

Much interest is being manifested throughout the county in the houoe building report of "the Gary Commercial club which is expected to be read to the members of the organiiation tonight. T Hon To Get Homes. The committee was named several months ago by President H. S. Norton to determine: First, Why Gary Is short

,000 homes; Second, How to reduce

rentals; Third, How to attract outside

capital; Fourth, How to slice off house

building costs; Fifth, How is the best way to build a cheap house.

At a meeting held last spring vari

ous reasons were offered because of

the high cost of building, the high rentals and the failure of outside capital to build in the stel city. It was shown that If there were 1,000 more houses in Gary that they would be immediately occupied by families living

outside of the city whose heads work in the Gary mills but who cannot afford to pay the exresslve , rentals.

Everybody In Blamed. As to the causes of the high rentals

the real estate men blamed them on the greed of the contractors, the contractors on the high fees obtained by the plumbers and the high license they have outside plumbers away. The plumbers blame high costs on the city

building code which, they say does not

permit of cheap construction, and those who uphold the building code say that the bankers charge too much

jften seven per cent Interest plus

five per cent commission Is charged. Thus a man borrowing $500 would only

get $415 after the commission Interest,

and attorney's astract feee were deducted. Of course there are cheaper

rates.' A banker In turn blamed the lack of homes and the high cost of living on the hig 'hassessments, stating that what ever 'a man had to pay for a home was eaten up by the city hall contractors. And somebody also accused the btillding 'material men

wjhile several declared that the land

lords were taking1 advantage of the

lack of horos and forcing rents.

It was pointed out that Gary con

tractors said that when they got open shop the price of "building would go down. lt didn't. Bo, this is wh'y the committee's" report Is so anxiouely

awaited.

Henceforth It will go hard with the speeders and drivers of rigs of all descriptions found on the streets of the Twin Cities without lights on their vehicles. Already the good work has begun and the polloe have been instructed to play no favorites in making arrests.

Yesterday there were three of these cases before Judge Riley In the city court and each of the offenders was fined $1 and costs, amounting to $11 each. George Brant of Indiana Harbor was arrested and fined for. violating the speed laws. His big seven-passenger touring car was stopped In Michigan avenue Monday night and he was arrested and' released on bond to appear before. Judge Riley yesterday. Nick Coulter was arrested Monday evening for driving without a light, while Tony Backus with a load of ties In an unllghted wagon was the second culprit caught in this offense.

V (53

i ssS 1

SAVINGS ACCOUNTS . iT ArVTs 017 CTP A ttVl'IL'sTh

WITH

on which we pay 3 percent interest Every Convenience Known to Modern Banking will be found in our New Quarters.

NEW ENGINES

FORMONON The Monon railroad will receive within the month nineteen new engines for service. There are sixteen of the Mikado type and three of the Pacific type engines. The former will be used for heavy freight service in handling from the Linton mines and other coal fields to Chicago. The Pacific type of engines will be used in the passenger service between Chicago and Indianapolis.

OLYMPIC STARS

REACH NEW YORK

New Tork. Aug. 6. More American

Olympic athletes returned home today on the steamer Lapland. Among them were Lieutenant Commander Harris Laning, captain of the victorious

American rifle team; F. V. Belote of the Chicago A. A., who was fourth in

the 100-meter race, and Fwik C

Irons, the Chicago A. A. jumper.

Capital and Surplus $110,000.00

Resources over $600,000.00

COMMERCIAL ACCOUNTS SAVINGS ACCOUNTS v TRAVELERS' CHEQUES FOREIGN EXCHANGE STEAMSHIP TICKETS DIRECTORS: G. J. BADETL C. C. SMITH, J. H. YOUCHE, J. Q. ALLEN W. R, DIAMOND, WM. J. FCNKEY, JR.. T. F. DONOVAN.

Artistic Commercial Printing Times Office -V,

GAVIT TELLS HOW

LINES WON RIGHTS (Continued from Pare L) "

the proceedings are re-opened in September our work elsewhere is in such shape that a serious delay would be

experienced in case' the proceedings

promise to be long drawn out, we will lay our tracks In accordance to Judge McMahan's view of where they should

be, and take a chance on being obliged

to move them again.

The ground on which In Judge Mc

Millan's opinion the South Shore forfeited Its right to lay its new track in

us present location was tne lailure on the part of the company to lay them six months after the granting of their franchise.

Mr. Gavit also stated that work on

his line from Gary to Indiana Harbor

was progressrng nicely. A mile of the roadbed has been graded and Is ready for the ties for one miles west from the American Bridge works in Fifth avenue.

He also said that work on the Ken

nedy avenue line would start from the

Gibson end in about two weeks. This

will not interfere with the Garv

branch, as an additional crew will be put on the Kennedy avenue branch.

SIX-YEAR-OLDS

HELD AS BURGLARS

V 1 (Continued fromr Page one

Mr. Levin had been showing was left

unguarded on the case, and while no

one was looking Louis nipped two of

the timepieces, while Walter "stood

guard." . Then Entered Flat.

The Fulton flat was entered without

difficulty. The boys while prowling around seeking plunder tried the door

and found it open. No one was at home and so Walter was stationed at

the door to give the alarm should

danger of discovery threaten, while

Louis went through the house. He

tumbled bureau drawers In professional style and landed the watch and the

cash, and the pair of young hopefuls

made-'their escape before anybody

came to interrupt them In their work Sleeping Away From Home.

The boys have been sleeping away from home much of the time, having

some straw in their "cave" in the

Frank building.

In Judge Riley's, icourt yesterday!

they explained to'tne udge that " they carried ten buckets of water each and gave he two wath.e fCr -a chance to 'see the ehow." I iufjt twhat', they did with the $8 In cash . nbt; come out at the trial. ? -: .' Judge Riley held the boys' to Judge

Becker's court In Hammond, where the j hearing .was to come, up today. . ,

Never' Again

MEM

Never Again May Fortune Knock at . your Door If you wish to grasp the Opportunities we are offering you, you must Act Quickly. Now is the time. Our subdivisions directly adjoin the site of the Baldwin Locomotive Works.

Lots $315 and up. Terms Ten per cent Cash. Balance Monthly.

Calumet-Kennedy Land Company Capital 8350,000.00

Philadelphia Lan

mprovement

$ 1 4 ' , 5 til? XV.

Company I ' Capital 01,080,000.00 . CALUMET-EAST CHICAGO, INDIANA,