Hammond Times, Volume 9, Number 10, Hammond, Lake County, 8 May 1920 — Page 6

I 'a co Si

THE TIMES . May 8; 1920

SI IMP K

vada. who has gems on record as dissutifsgpd with this manner in which the in fst igation has been conducted. It is cxjxTlrd Hie examination of Admiral Hi iii-oii ill 1)? concluded today and that Hocrrtary f the Nay Panso Is will lie i allrd Ii'M week.

I INTTRNATIONAL NEWS SERVICE JVASHIN'ITON. May S-Kuisar famine? in i.raot irally all die. of tlie vast in the i'ac" of K"vcnmu'nt fisiires "HDiuni; unprecedented siiR.ir imparls hiring; the past nvmth. were teported t . the depattment f justice today. Ap-,"'.-i:s fi'r rclh'f came fi urn every quarter. Now move." to trace stocks known ! le in the country were authorized ! y department of justice official.. No reason could Vie aligned for tlf present shortage in practically every Ka!i!y. Officials reviewed report? of retinrr.. hoping; to trace la rye shipments ? opposed to have been diverted hy peculator. . Tliis was a cmtinuathin ' ( the pri'be that lias been in prugre for several day. official. workinff . uiet! j- to fix the identity of individal. who are chief participant in ' rornei in ' avaUa'cle sugar stock. Assistant Atty. Ci-n. Howard K. ViBg. jnt returned from New York, with data obtained .from a conference w sth principal refiner, said vipor.on prosecution w!ll ho made in every case reported of jobbers and broker cuilty of manipulating- the sugar market through resale operation. larsie rumber ef case are to Vie prersed by district attorneys involving iolation ef the Lever act.

THE TIMES FINANCIAL COLUMN

I'llhWlo VKAI .'.rt to fi lb.., 11 ij 10c; 7" to S lb.. 16 It 17c; 8" to 10n lhs.. lS.iiric; fancy 2i; overweight kid ncs. 140 to 175 lb.., piii i:.-.

IIH AGO CSH i;iAIV Y ifKAT No. 2 red. .1'."i, N. 2 white 3'bi; No. 1 northernfl 3ui. CO! IN No. 2 mixed. 2M ; No. 2 white, "e;;. No. 2 yellow 2rti; 3 mixed

'fi;

w hite, 202 a 'V 2i;?; 4 mixed. 20i; 4

low jn4 -ij ;o

I'll . OATS 2 white. 1141)115; 1 1 2 1 j (! li.-;'-.

yel"llow-

3 white.

lU'TTKR-Kecipt S.4S7 ub.: cream on, extra. 79'j; extra firta jj'?! oS': ; packing; stock. SI'S 292 . KtJUS lteeeipt. 27.&0O cases; current first.. SS 'i 40; firsts 4lfj 43; extra 4 4'-; i hecks 3;; vt 35 ; dirties 3 j ft 3S . CIIKKSK Twins. new, 2 T ' i -fT 2 .

da i.-ie's.

li 1 5

Young; Apiericas ll'Vi;

NOW DEMOCRATS TAKE A HAND

r INTFRNATIONAL NEWS SERVICE! WASHINGTON. May S The democratic minority of the senate sub-committee in vest ignt i ng charges against the conduct of the war by the navy department today began rros.'-rxamin-ath n of Rear Admiral Uenson. chief of navai operations during- the war. The t i oss -e xa m ination w as opened hy Senator Pitt man. democrat of Ne-

3n 1-4. longhorns. nil's 1-4; Wrick. 28 '

1.IVK I'Ol'l.TKY-Turkeys. 3.".; iMckens. Si'j; roosters. 21'; go fe 2"; ducks. 3S. I'liTATOES R.ciiits 1? cars, Minnesota. Dakota, Chios and Wisconsin 7. 35 7.3 ') .

American Can i '4 Amer-a ni'ar and Kouuary !;;.', American locomotive '" American Hmeltingr 61 American Steel Foundry 427 American Sugar Refining- 131'i American Tel and Tel 34 American Woolen Ill"

Anaconda .".7 Iald in I.ooomotle lis llethleheni Sleel 94 Canadian l'acllic 117

Central lcatliT 71 Chciago and North Western .... SI Consolidated Gas S."i'2 Corn Products S7's Crucible ftPfl 1 n Cuba Cane Sjjuar '- I7rie 1 ; General Klectric M General Motors ",rtt, Lackawanna Sleel s.i l-ehigh alley 4J ' M 1 1 a I e .S t e e ; 4 1 7 New York Central Tl" Norfolk and Western 1' Northern Pacific 7;, Ohio Cities Gas C"t RensyU a nia, 40 t.

pie. Gas :,4 ' ,

1"2 Sfi terl ;i 7

Studebaker 81s-,

Texas Co. I'nion Pacific

I. S. Steel .,7 1 I". P. Steel Pi fd 1 ,,7 , Willys Overland 2

Sinclair Ui! Ur farodia

hat li.-f

w ill

c.l.lf d j lie 1, M.r A nil !ir. ' re ' ie n

Wi're able to jaiii entrance the

wore Innoi to break into the houyc. Gosclcki win- was arrested, tried to escape, bv running: out of a rear dc-or. lie

be tried for insanity.

! REBEL TROOPS

PASS THROUGH

Peoples Gas

Pressed Steel Car Reading Kepublic Iron and

I INTERNATIONAL NEWS SERVICE! Rt. I'A.SO. TK.V. May Kei.el I rnnps enroute to Chihuahua City continue to pass through .luare.. three Hoop trains already having departed. Rebel loaders, it is reporied here today, am rapidly assembling lh"ir forces for the drive hich is expected to break the last remaining- power of the Carransistas in Noi l hern Mexico. Gen. SSer-

- I rano. it has been an nou need, w ill om-

mand the military forn-s at (Jhihua-

v It 1 1 nzi

th- teWrls. flen. Martiz declared.! ' bels are wary, believing Car- ta .e

l is trying to delay the lebeia'

movements while he malles his escape from the capital. Gen. Menjuera in ald to hava taken the capital of Oaxaca for the rebels. Gen. Castanea, it also is reported, has taken the oath of the revolution In the state of Tehuantepee. New-3 of (Jen. Guadeloupe Ranches, federal commander at Vera Cruz, going over to the revolution, reached here, lie Is said to have taken the whole state on behalf of the revolution

JUAREZ TODAYiFlGHT ON TAX LAW NOT

APPARENT IN RESULTS

.118"

MUSICAL COMEDY AT THE ORPHEUM

hua City; I'irecl wire connection between Jiminea, Parial and Chihuahua City, has been restored. Tb- first passen-

i ger train from Chihuahua City to

.luarea arined last night. Among the passengers was I'Jmelio Saline, a brother -1 11 - la v of I'residi nt Carranza, who is seeking admittance to the I'. S. as a refuse.

Antonio Villrrcal, it

IIK AI.O l.IVK STOCK. HOGS Receipts. 10.100 market most ly 15 at 23 higher; bulk. 1 ,1.90 rq 15.35; top. 15.40; heavyweight. 1 3.65 'i 1 4.S5 ; medium w eight. 1 4.50 i5i 1 5 . 35 ; light weight, 1 5. "OS 15.41; light lights. 14.7". 7 15.35; heavy packing sows, smooth 12. :i'"q 13.23; packing sows, rough. 12.-3 15 12.75: pigs. 1 3.50 'a 1 5.0" . CATTRR Receipts 2.500; market is steady compared with week ago, .Medium and light sfrrs, she stoc'-c and y-nrlings 255" higher; heay :r'-n atid '. eavy tow j tl'w- to low- r; fit bulls 25 lower, calves 25'!t.jij lovir; ' ers and te i- t 5" hisher

First Calumet Trust And Savings Bank EAST CHICAGO, INDIANA Capital and Surplus $120,000.00 Guarding Your Property In these days of the high cost of building it is necessary more than ever that your property be fully protected against financial loss in the way of fire or windstorms. In having insurance have ENOUGH, and if there is more than one building on your property (like a private garage) be sure that ALL of your property is protected. The se and other details about insurance may mean a whole lot to you should you have to collect on your insurance. If you desire it, we shall be glad to have you come in and discuss with us the status of your insurance protection.

Open Friday Evenings from 6 until 8

BONDS INSURANCE TRUSTS CHECKING ACCOUNTS

nmmrd

I giwkwimiijiii mi muni ii m ii imii iiumiii

i m mm

mktm

ti mil Him i n I I'i'ii In' ulii

as we carry just the kind of coal you need. Better order some from us right now, "'fVrvrifTi.N ymns 7r

(on.

report- ;

N"o disposition to vote against memhers of the legislature who put through the nex taw law wa observed in primary results examined by the state hoard of tax commissioners, t-aid Fred Sims, chairman of the hoard. In a number of instances, fights were made in places, outside of Marinn county, asainst the renomination of legislators who votefl for the law hut thote legislators -won. Mr. Sima said. The board 1s experiencing; some pretjure because of its recently adopted policy of approving all bond issue petitions without hesitation unless

I local taxpayers protest.

ers aflej- mirth and amusement in plenty at the iirplinini tho-

find i;

aire today and S-inday wheie the his; six art hill ii crowded to t:ie jru.ird rail.. with laucli pro. i. inc stuff. He-id. in? the hill is -l"nle .)oh's V.sit." a miniature musical comedy sln-w .nt; I'n'-le ,1-ish in a settin,? of pretty pirl in tin.; classiest kind of "duds." The sonss snd special mu.-'io are vat . Then there is Joe Whitehead who i:s one of the best nut comedians on the road. He comes to Hammond direct from a run at the Majestic theatre in Chi,a?. j&s&e

rd. 1.1 heinef lniniril as the first military governor of the states of ("oahuila. Neuo l,t on and Ta nia ti I i pa s. Saloons in .luarez will he permitted to leoprn today. Si.t' ii saloons f.pera'"d by foreigners have contributed $:'fni each to the iflid military commander. Native saiooni-t? have not "come across." President t'arranza ami his tninisters are trying to effect an armistice

I PI)IT III IIM.IIi:il TASK I Ilenresentat ions aro heinc made

that there should be a halt In the disposition to plunge taxing units into debt. Some who heiirve this ie the ease are championing- that provision in the law which Rives the board power to stop any bond issue proposal4 and they also are championing the provision which gives the hoard power to fix levies.

Political News of Day In Indiana

Charter No. 8199.

Reserve District No. 7.

REPORT OF THE CONDITION OF THE Citizens National Bank At Hammond, in the Slate of Indiana, at the Close of Business on May 4, 1920.

fTIMES BUREAU AT STATE CAPITALl INI'IANAPOLIS. IN P.. Mty S What will be the fate of k. M. vVasmuth. of Huntington, republican state chairman, when the state committee is reorganized next wee became the most absorbing topic of political gossip mi the capital today following the conference of the -'nig Four" in the (.'laypool Hotel yesterday afternoon. Varren T. McCray. who sained a decided victory in the povernrsh:p race in the primary Tuesday, attended the conference w-ith Will Hayr, republican national chairman, and Senator New and Senator Watson. Although the conferees refused to comment on the matter discussed in the conference It is certain that the discussion centered on the matter of the re-appointment of Mr. Wasniuth Ma ny of the party leaders are taking the position that it would U a fjlal mistake for the party to unseat -Mr. Wasmuth at this time. It n said that Mr. Hays is opposed to his removal and is working In the tnu.r-t of party harmony on this point. T!:o " inclined to tack Senator Watson and Mr. McCray declare that It is to the interest of these g-?ntiemen to have a state chairman of their own choo-'ng. These men do n- t obji ct to Mr. V.-"i?-niuth personally, and do not doubt );ts fairness, but they jo believe tlKi- 'Mis intimate connections with the administration of Oovernor Goodrich disqualify him to lead the party in the state with Watson and McCray as the standard bearers. Irrespective of the . divergent policies of the political leaders it now seems certain that tho retension of the state chairman depends almost entirely on the. chairman selected in the fourth and ninth districts. Should pert. Morgan, of Greensiburg. be succeeded by JulSn Sharpneck of Columluts. in th fourth, and Charles n. F5ut!r of Crawfordsville tie unseated by W. J. Robinson of Boone county, it is virtually conceded that Mr. Wasmuth will have to step aside for either Burt Thurman of New Albany, third district chairman, or Lawrence Lyons, tenrn district chairman, who managed McCray's campaign.

-oar.s and discount?

RESOURCES.

including rediscounts (ex-

d c)

.$954,788.58

20.000.00

Demented Man Drives Residents to Street Crazed, a demrnted man bv the name of Joseph fioseiek!. drove the resldenis 1H ins: at l0r. Jakson street in Gary. o'it of the hf-us" yesterday. He then

those shown

Deduct:

Notes and bills rediscounted with Federal Reserve Bank (other than bank acceptances sold) (see Item 55a and Schedule No. 22) Foreign Bills of Exchange or Drafts sold with in

dorsement of this bank .not shown under item d above (see Item 5 3d ) Overdiafts, secured. $652.20; unsecured, $448.38 U. S. Government securities owned: Deposited to secure circulation (U. S. bonds par value) 100.000.00 Pledged to secure U. S. deposits (par value) 50,000.00 Pledged as collateral for State or other deposits or bills payable 300,000.00 Owned and unpledged 25,350.00 War Savings Certificates and Thrift Stamps actually owned 200.00 Total U. S. Government securities Other bonds, securities, etc.: Bonds (other than U. S. Bonds) pledged to secure postal savings deposits 45,500.00 Securities, other than U. S. bonds (not including stocks), owned and unupledged 144,380.22 Total bonds, .securities, etc., other than than U. S... Stocks, other than f ederal( Reserve Bank stock. . Stock of Federal Reserve Bank (50 per cent of subscription) , Furniture and fixtures Real estate owned other than banking house. . . . Lawful reserve with Federal Reserve Bank Cash in vault and net amounts due from national banks Exchanges for clearing house Total of Items 13. 14, 15. 16, and 17 148,978.68 Checks on banks located outside of city or town of reporting bank and other cash items Redemption fund with U. S. Treasurer and due from U. S. Treasurer

3 Hi is line Pie certain to

ru x t yea r t hp n no ,v interet-u-d body, like

legislature.

Iiey argue

nun

the state b holds down

tim l

i. n higner j taxpayers some dis-; l,rir-" ta:.

t he

the

or the

levies or fixes a limit to them. AHCtMEXT OX OTHER SIDE On the other hand some believe the bond issue and levy power should be returned to local taxing: jurisdictions hut this argument comes more from those who have to do with the spend

public moii'y than from

w in provide the money, lyif. especially, are mo-

aainst any unit assuming

where local officials are

likely to yield to the temptations of a high valuation and consequently shoot up the levies and greatly tn crease taxes and public debts

urd tetin

J'Jl I'OiCllUll

Try A Times Want Ad.

934,788.58

1,100.58

475,550.00

189,880.22 8,152.46 4.200.00 1 1 .288.48 6.744.55 59,332.22 132.714.43 16.264.25

799.48 5,000.00

TOTAL

A Long Life and a Lively One That's the service yea get when ycu let us equip your casing with a Firestone Red Tube. They resist heat, hold strength and shape, keep lively and cobt you less per mile. E. N. Bunnell 504-508 Hohman St.. Hammond. Phones: 650651592. 4814 Forsvthe Ave., East Chicago. "Phone 947. Fifth Ave. at Massachusetts St., Gary. v Phone 1470.

- 4 ev.A

LIABILITIES. . Capital stock paid in Surplus fund . Undivided profits $ 31.522.79 Less current expenses, interest and taxes p?.id. . ., 20,849.57 Amount reserved for taxes accrued Amount reserved for all interest accrued Circulating notes outstanding Net amounts due to banks, bankers, and trust

companies in the United Stales and foreign countries (other than included in items 29 or 30) Certified checks outstanding Cashier's checks on own bank outstanding Total of Items 29. 30. 31, 32. and 33 67.318.93 Demand depo;-its( other than bank deposits) subject to Reserve (deposits payable within 30 days) : Individual deposits subject to check Certificates of deposit due in less than 30 days (other than for money borrowed) Total of demand deposits (other than bank deposits) subject to Reserve, Items 34. 35, 36. 37, 38. and 39 568.787.62 Time deposits subject to Reserve (payable after 30 days, or subject to 30 days or more notice, and postal savings) :

Certificates of deposit (other than for money borrowed) Postal savings deposits. . .k Other time deposits Total of time deposits subject to Reserve, Items 40, 41, 42. and 43 650.075.90 United States deposits (other than postal savings) : Other United States deposits, including deposits of U. S. disbursing officers 1,000.00 Bills payable with Federal Reserve Bank TOTAL Liabilities for rediscounts with Federal Reserve Bank (see Item Id) Total contingent liabilities (55 a. b, c, and d) (not including items in Schedule 23)

$1,845,815.25

100.000.00 40.000.00 10.673.22 1.959.38 6.000.00 100.000.00

62,578.06 801.15 3,939.72

568.395.07 392.75

TRUST&SAVINGS

P AM

m AND CEDAR STREEIS INDIANA HARBOR

j'.w'c:i Tgf i j j j i i ' nk i i i j i i i i ff ' -r -.li -I . i . ti '. -j, ' jrf i T PTji i$..ii.rw l ' I ! ,l,H,i, l,:,MJ Mliili'iiii .ml J r

fpiiil!ii'j:i!'i1iBy'i:!ji;i'p

Capital and Surplus $110,000.00

Women as Savers

Women are savers by instinct. They are the incentive behind most of the accounts in the bank. This is especially so in this community, where so many women receive their husbands' pay checks to be cashed. Many of them leave something in the family savings accounts when they cash the checks. Your neighbor leaves part of her husband's check in the bank each pay day. Do you do that? A kept-up savings account will bring a home, better clothes, schooling for the children, vacation trips now and then, and perhaps a car. It is a pleasuse to save.

Condensed Statement of Condition at Close of Easiness May 4, 1920. RESOURCES Loans and Discounts ...,.$1,354,131.72

Bonds and Securities Banking House and Fixtures...., Due from Banks , Due from Federal Reserve Bank. .. Interest Earned But Not Collected. Cash on Hand

845.041.05

55.100.10 200,764.92 111.386.44 18.969.03 72.937.36

$2,658,330.62 LIABILITIES. Capital ...,....$ 100.000.00 Surplus and Profits (earned) 108.804.27 Deposits 2,439,325.28 Unearned Discount 10,201.07 Due Federal Reserve Bank None

$2,658,330.62

Oldest Bank in Indiana Harbor

3365S2E!

?5E

No. 110.

Published Statement Trust Company.

JOHN R. FAROVID. President. E. E. DUBBS. Vice President.

C. P. PACKER, Jr., Secretary. C. P. PACKER. Jr., Treasurer.

Condensed Statement of the Condition of the Citizens Trust and Savings Bank At Indiana Harbor, in the State of Indiana, at the Close of Its Business on! May 4, 1920.

51.868.23 36.738.44 561.469.23

1.000.00 300,000.00

$1,845,815.25 $ 20.000.00 $ 20,000.00

STATE OF INDIANA,! COUNTY OF LAKE. 55 : I. Theodore Moor, Cashier of the above-named bank, do solemnly swear that the above statement is true to the best of mv knowledge and belief. THEODORE MOOR. Cashier.

Subscribed and sworn to before me, this 3ih day of M .y. 1920. EMMA E. CLAUS. Notary Public. My commission exp. Jan. 16, 1923..

Correct Attest:

ANTON H. TAPPER. YM. D. ras. LEO WOLF, Directors.

RESOURCES. Loans and Discounts $368,999.43 Overdrafts 238.95 Bonds and Stocks 144,994.29 Company's Building 10,289.20 Furniture and Fixtures. 3,414.15 Advances to Estates and Trusts 1 ,264.22 Due from Banks and Trust Companies. . . .$61,223.28 Cash on Hand 39,628.84 Cash Items .' 19,093.46 119.945.58 Total Resources $649,145.87

LIABILITIES. Capital Stock Paid in $ 50,000.00 Surplus 4,000.00 Undivided Profits Net 12,434.91 Interest. Discount and Other Earnings 6,415.11 Demand Deposits. Except Banks $253,976.20 Savings Deposits, Except Banks 244.350.50 Trust Deposits, Except Banks 64.783.46 Special Deposits. Except ' Banks 8.077.99 Certified Checks 4 3.675.99

Due Departments 1,264.22 Cash Over

576.128.36 167.49

Total Liabilities $649,145.87

State of Indiana. County of Lake, ss: I. C. P. Packer. Jr.. Cashier of the Citizens Trust & Savings Bank of Indiana Harbor. Ind., do solemnly swear that the above statement is true. CHARLES P. PACKER, Jr.. Sec. and Treas. Subscribed and sworn to before me. this 7th day of Mav, 1920. JEANETTE THOMPSON. Notary Public My commission expires Dec. 19, 1922. (Seal.)