davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-04-17
TRUST COMPANY STATEMENTS
~~~~>~~~.N~N~~~>>~~ ~s~~~~~->~>~NN~o
Washington Bank & Trust
Co.

OFFICERS
J. EDWARD MORRIS, President.
MARK Y. RINEHART. Vice President
CARL A. PLoCH. Vice President.
CLIFTON N. FIELDS. Treasurer,
J. EDWARD JOHNSON Auditor
FRANCIS W PAYNE. Trust officer and
Assistant Secretary
HENLEY r HOTEL. Manager Real
Estate Department.
-. Condensed statement of the condition of
the Washington Bank and Trust Company
at Indianapolis in the State OF Indiana
az the close OF It's business on April IL.
1920.
RESOURCES.
Loans and discounts Isl. 505. BOB 81
Qverdrafts ........... CABS
Eeal estate ....g....... 1025214
Companys building. vaults
and equipment .....ss.. 900 339. ID
que from departments ...-. 1O.7O0.6 60
U. 8. bonds and other socuri-
Cash on hand and In banks. 2490S3.s5
Total resources .......s2.5 44, 500 10
LIABILITIES.
Capital stock paid in .S 100 600 90
Net undivided profits and sur
~ pIuS s.-.s.s s....... a II OBS
reserves ............... 80 $40 OF
notal deposits -.-....... 2,21S.1A0.40
Banking house ......... 100000
Total liabilities .......S25 sd 400 70
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-04-17

State OF Indiana. County OF Marion. Sc:
Security Trust Company Of ndianapois s
Ind. do solemnly swear that the above
statement Is true.
GEORGE ". SNYDER
Subscribed and sworn to before me this
10Th day of April 1928
(SEALl Notary Public.
NY commission expires July 81. 1893.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-04-17
TRUST COMPANY STATEMENTS
~~~~~N~S~~N~~~N~~~ ~~~~NNs~~~~~~~<
Security Trust Co.
2EILY G. ADAMS. President

REILY c, ADAMS. President.
IRVING W. LEMAUX. Vice President.
GEORGE W SNYDER Secretary.
|. WATT PUGH. Treasurer
Officer.
Condensed statement Of the condition of
the Security Trust Company. at Indianapo-
lts. in tho State OF Indiana. at the close
Of business April u, 1926.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-04-17

State of Indiana. County of Marion. SIS
l. Dwight A. Murphy, secretary OF the
City Trust Company of indianapolis do
solemnly swear that the above statement
is true.
DWIGHT A. MURPHY.
Secretary.
Subscribed and sworn TO before me this
10Th day of April, 1896.
HAZEL TOMLINSON,
(sEAL) Notary Public.
ny commission expires Sept. 30. 1929.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-04-17
State Bank of Mass. Ave.

FRANK II. CARTER President.
L. Z. YUNCKER. wee freslnen'.
A. j. KRUGER. Jr. Cashier.
Report OF the condition of state Bank
of Mass chusetts Avenue. at indlanapohs;
lis business on April IL. 1925.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-04-17

state of Indiana, County of Marion. rs:
I A. T. Kruger Jr.. Cashier of the
state Bank of Massachusetts, Avenue. In
dianapols. do solemnly swear that the
above statement Is true.
Subscribed and sworn to before me this
10th day of April 1925.
THOMAS A. RESSLER.
(SEAL) Notary Public
Ny commission expires April o. 1928.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-04-17

i ~. named bank. do solennfy gwear
jest or my knowledge and belief.
,ls IL ] 9th day OF April 1926.
90 OH FhANClS COBB. Notary Public.
attest
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-04-17

lamed bank. do ,solennIy swear that the
-, a. W. H. POLK. Cashies.
s 10th day of April. 1925.
1aRGE G. CALVERT. Notary Public.
attest:
y. G. THORNTON.
o. j. SMITH
r. W. SPIEGEL.
Directors.
Evening star., 1926-06-19
EVERYMAN'S
INVESTMENTS
Utilities and Railroads.
~ GEORGE r. HUGHES.

Cempared with the railroads the
public utilities have both advantages
and disadvantages as mediums for In
vestment. There Ia no Federal con-
troll Of the utilities. as there in of
the railroads There is no uniform
system. Of accounting imposed on the
utilities, as 10 required Of the rail
roads. Regular earnings statements
are the rule among the utilities. but
some of them give much more in
formation than others. The different
States have different laws governing
utility financing and regulating utility
operations.
The holding company device has
been 30 largely used In the utility
field that 1t often takes elaborate
ANALYSIS to determine just what Is the
security and earning power behind
specifc utility securities. Railway
bonds are more simple in this respect.
SO much for the points In which the
railroads excel.
On the other side of the ledger is
the fact that the utilities have been
far more successful in gaining and
retaining public favor than have the
railroads. From time to time con-
sun,Ars complain and public utility
comissiors make harassing orders.
but these COndiulOnA CDtNlH lniFe-
ouently. The utilities have no such
obstacle to their progress as have
the railroads in the continuous de-
mand for lower rates voiced In Wash
ington on behalf of this or that class
of shippers.
For their success In holding public
good will the utilities have to thank
the originator of the customer-owner-
shin campaigns which have been car
ried ON in practically every section Of
the United States. In q general way
the utilities have managed their public
relations with greater intelligence
than have the railroads. Only very re-
Gently have the latter been taking a
leaf out of the utility book Of pro-
cedure.
Finally earnings of the utilities
and all through this article the trac-
tions are excepted AZ being In q
class by themselves-have been more
consist tently good than have the rail
roads. Defaults or the bonds Of cleo
tric light and power, gas and tele
phone companies have been almost
unknown in the past decade. Pre-
ferred stocks of these companies have
record of continuous payment of
dividends which only a few cf the
atrppxsr railroads can match.
Evening star., 1926-06-19
CHICAGO LIVE STOCK MARKET

CHICAGO, June 10 Omitted States
Department Of Agriculture).-Hogs-
5000 head: steady to 10 lower; pos
sibly no market for light lights and
slaughter pigs; bulk Of 240 to 1926
pound butchers, "a 00a14.50; few 1S0
to 210 pounds. 14.s5a14s0; practical
top, 1880; packing sows largely. 1855
a12.S0; shippers, 500: estimated hold
over. 1000; heavy weight. 13.s5a14.55
medium weight. 14.25a14.S0; light
weight, 14.00a14.s5: light lights. no
prices; packing sows. 125oal3.00;
slaughter pigs, no prices.
Cattle 900 head compared with
a week ago year'lings and medium
weight steers little changed: weighty
steers weak TO IS lower; mostly 10 to
ls off; steers receipts predominating
in run; supply slightly excessive; run
about 1000 larger than a week earlier.
10000 larger at 100 market; extreme
topheavy. 1885 paid early: best
weight at 1880; best yearling, 1910:
trade for youngsters and desirable
light heifers uniformly competitive;
light heifers up to 10.3s steers of
value to sell under 900 scarce; grassy
cows and heifers in increasing sup
ply, 25 to 40 lower: dry-lot cows show
ing less decline tanners and cutters
unchang ed; bulls strong to IS higher:
vealers. 200 to $50 lower.
Sheep-4.000 head: practically none
on sale today: for week 10000 direct
and SO doubles from feeding station;
fat native and Westrn lambs. 400 to
2.25 lower: Gull and yearlings, Las to
$50 On: fat sheep steady; feeders
steady to 25 higher: week top fat
Western. 1925: native. 1850: fat
yearling wethers. 1850; fat ewes, $50:
feeding lambs. 14.7S.
Evening star., 1926-06-19
WIFE APOLOGIES
FOB EDISON'S ATTIRE
Explains Spots Are Caused by
Chemicals in Speech to West
Orange High School.
BY the Associated Press.

WEST ORANGE, y. j.. June 10
Thomas A. Edison Yesterday adhered
to his rule against public speaking, as
Mrs. Edison addressed the student
body Of West Orange High School for
him. the while apoiogizing for chem.
ical stains on the inventors clothes.
MFR. Edison and his wife arrived at
the high school In the same small
car that served az q vehicle for the
Crown Prince Of Sweden a fortnight
ago. II had the prince riding In this
car" Mr.. Edison said. "and now |
call 1t Gustavus Adolphus." He was
roundly cheered by the senior class as
he stepped out of the automobile.
II must tell about the spots on
Mr.. Edisons clothes" Mrs Edison
said during her talk. This morning
I asked him to change his suit as !
didn't want him to wear one with
spots. He said he had not time and
that II he did wear the other suit
it would get dirty too. The spots are
chemical spots, 20 you will have to
excuse them"
At the conclusion Of her talk the
inventor arose and smiled at her re.
quest.
Evening star., 1926-06-19
DESIGNATION OF AUTOS
FOR RENT is SUSTAINED
Judge Schuldt Decides Letter "L''
Is Reasonable Police Regulation.
Appeal Is Noted.

Upholding the police regulation that
requires the letter Il" on the license
tags of rental automobiles. Judge Gus
A. Schuldt in Police Court today ever.
ruled the motion to quash in the case
OF Philip Milestone. president OF the
Milestone System. on the ground that
the regulation was reasonable.
Milestone through his attorney.
j. b. Stein. declared in a motion that
people using rental machines objected
to the designation of driving livery
machines and that therefore the reg
ulation was harmful to trade and
unrea sonsble.
Judge Schuldt decided that certain
machines should bear their proper
designation as a means of Identified.
tion. A hne of $40 was imposed
Mr.. Stein will carry the case to the
Court of Appeals.
Evening star., 1926-06-19
WEEKS RISING, STOCK MARKET
ECHOES BETTER BUSINESS TONE
Continuance of Varying Money Rates, Good Demand
for Investment Securities, Low Cotton Prices and
Drops in Currencies Are Principal Features.

week ago there were AZ commodities
which went up, az against 2S which
went down.
The situation in the French franc
is one Of the most interesting aspects
of international finances. Frencn
cabinets come and &c in what might
seem to ne 8 general merry go round
Now the Socialists are in. They were
not strong enough the last time to
put through their favorite program,
which includes a capital tax. They
may he strong enough now. inasmueh
as the other parties have failed But
II liz dif1cult to conjecture what the
effect would be upon French psychol-
ogy, already thoroughly undermined,
IL 1t were suddenly announced that
a percentage of all the capital in
France was to he gathered In by the
government.
Low Money Rates.
The investment market for the last
few weeks has shown that IL has be
come adjusted to the low money rates.
1t can no longer get any fresh I'M
pulse from the evidence such a. has
been given by the latest Treasury op-
erations Of q superahundance of funds
For the first time since the war loans
ury rehnancing to offset the disburee'
ments which Washington had to make
at the middle of the month. Yet there
was not a ripple In the money mar
ket.
For more : than eight years the
Treasury had been issuing short-term
notes, covered by tax collection, TO
balance what II had to pay out on
the interest upon the Government
debt. 1t felt itself Suficiently strong
this time to pay out the coupons on
the United States loans without at
tempting to raise fresh money. The
experiment has been interesting on
the ground that 1t has shown the easy
state of money.
The stock market position remains
rs II has been for the last three
weeks. The heavy selling Of Febru-
aTy. March and April was finally alb
sorbed, and stocks got into strong
hands. They have been pushed ahead
again without any fresh reason. but
simply because the decline late in the
Winter was overdone, in the same
wav that the advance in the Fall and
early Winter had been excessive.
Evening star., 1926-06-19
TRADE IN METAL.

NEW YORK, June 10 OP).-"Lively
buyinr of pig iron which got under
way quietly and rather slowly as the
month opened, continues to gain head
way along the Great Lakes Daily
Metal Trade says. Two important
Ohio furnaces have sold very heavily
for third qua rter delivery and still are
disposinr Of prospective production.
Between 275 900 and 300,0 900 tons have
been bought by consumers on this
movement The steel plate market Ia
firming UP In the East"
Evening star., 1926-06-19
BY STUART r. WEST.
Special Dispatch to The star.


NEW YORK, June 19-During the
past week there has been a contin-
uance of varying money rates, q frm
market for Investment securities. low
prices for cotton. further unsettle'
r1ents In French. Belgian and italian
currencfes. and with this rising mar
ket for stocks.
1t is curious how little the analysis
of the stock market has changed from
week to week during the past month.
doing back over a period of four years
one hnds history of rising markets
passing Immediately into selling mar
kets without any intervening stage.
Likewise. when selling movements are
checked there IL no period of pro
longed inertia. They quickly develop
into buying movements.
The remarkable feature about these
changes In that they occur without
any essential happening in the outside
situation. Wall street had the same
business data before II in February,
when stock prices were breaking, as
IL had early in January when prices
were going up. To be sure. II was led
astray by over optimistic predictions
made from high quarters at the open.
Ing or the year as to what was going
TO happen later In 1926. But 1t had
the chance to observe in January just
a. well as In February that a big dis
tributIve business was being done
throughout the country that In many
lines was being taken at prices which
were not profitable.
Business Situation BETTER.
some slight improvement has oc-
CURED In the price feature Of the
business situation a. compared with
a. month ago There has been an ad-
vance In certain lines OF steel.
slight hardening Of copper quotations
and related metals and somewhat
hrmer tone In the textile industry.
Rut II cannot be said that there is
any marked forward swing In com
modify prices. such as there should
be II business boom were In pros
pect. On the contrary. Dun's Review.
summarizing for the week has moth
ing much encouraging to say on the
price question. Out Of so changes 81
were advances and % declines, but a
Evening star., 1926-06-19
BY WILLIAM r. HEFFERNAN.
Received by PFiw

NEW YORK. June 1s.-Whatever
uneasiness there had been over the
future price movement following the
reactionary tendency of the market
late yesterday was not in evidence
during todays brief two-hour ses-
sion. The market turned about
again and operations for the rise were
renewed in many directions. Public
utilities We're conspicuous in the
buying, notably American Super
Power class B." United Gas and
Improvement and Electro Bond and
Share securities, all of which were
up a half point or more.
Some hesitancy was displayed
NEW YORK, June 19.--F'ollowing
is an official list OF bonds and stocks
traded In on the New York Curb
Market today:
Evening star., 1926-06-19
WARD BAKERY PLANS.

BALTIMORE, June 10 (SpeciaD.-
Plans for the new 1000. 900 plant
here provide for both bread and cake
production. There Is to he installed a
100-foot travelling bread oven with a
capacity of $4,000 pounds a day. ac-
cordinE to an announcement by the
company. There is also to he 10
foot travelling cake oven with a ca
pscity Of 45,oe0 pounds day.
Evening star., 1926-06-19
BALTIMORE PRODUCE.

BALTIMORE. June 10 SpeciaD-
Potatoes. white. 100 pounds. 2.00a3.50;
new potatoes. barrel. 2,00a6.26. AS
paragus, dozen. 1,00a4.00. Beans,
bushel. 1.50a3.50. Cabbage. hamper,
1.75s190. Beets, 100. 3.00a6.00. Car
rots, 100, 3.00a5.00. Cucumbers, crate,
75a1.50. Corn. bushel 2.00a2.75.
Eggplants, crate. 3.00a6.00. Lettuce,
bushel, sSa75. Onions, bushel. 1.10a
l.25. Spring onions. 100. LOCAL rs;
hushel. 1.25a3.00. Tomatoes. crate,
l.50a4.50. Radishes. basket, LOCAL rs.
Rhubarb. 100. 2ooas.oo. Squash,
crate, 1.60a200.
Apples. barrel, 2.o0a4.6e: bushal, 75a
$50 Pineapples. crate, 52baS.7s.
Strawberries, quart, Eastern Shore,
10a15; nearby. 1oa12. Cantaloupes,
crate. 1o0a3.5o Cherries. quart, Ga
Is. Watermelons, 100. 10000.
Evening star., 1926-06-19
NEW YORK CURB MARKET
Received BY Private Wire Direct to The Star once

about coming in on the buying side
Of the oil stocks, but. as was the
case yesterday, there were a number
of Individual issues which were
being bought for special reasons.
Wilcox Oil and Gas started forward
again and at 5S was a point above
the previous final. Columbia Syndi-
cate felt the effect of profit- taking,
hut this was absorbed without a
material change In the selling price.
The pool opera tion in Canada Dry
Ginger Ale appeared - have been
completed and the market for the
stock was left to drift for itssh
The market as o whole was active
with the general tendency toward
higher levels.
Evening star., 1926-06-19
CANCER FUND SWELLED.
$1o9. 500 in Additional Contribu-
tions Announced at Meeting.

NEW YORK. June 10 OF.-Addi
tional gifts of $1ss 800 toward the
81 900. 900 endowment fund of the
American Society for the Control of
Cancer were announced yesterday at
luncheon In the Bankers Club.
Thomas w. Lamont, general chairman n
Of the fund and member Of J. P.
Morgan & Co., presided. The new
gifts bring the total so far raised to
$33s,51s.
Heading the list of new donors is
Edward 8. Hardness New York law
yer. with s10a, 600: second is !. P.
Morgan & Co, with $4,000
Evening star., 1926-06-19
DAIRY PRODUCTS.

BALTIMORE. June 10 tspeciaD.-
Foultry-Live, Spring chickens, pound
s0a4s; Leghorns, 25a35; old hens.
25a32: old reosters, 20: ducks, 2sa32;
old, 1sa2s; guinea fowls, each. 7sss5;
old. 4oa5o; pigeons, pair, 3oa4o.
Eggs-Receiptx, e72 cases: native
and nearby, fresh, dozen. offered at
2s1aa2s.
s3utter-Goed to fancy creamery
pound, 3sa4e; prints. 42a44: ladies'.
33a34: store packed, 3oa31: dairy
prints. 3Oa31; process butter, 35ass;
rolls 3OaS9
Evening star., 1926-06-19
Byrd Denies Workers Plea.
..c,,I nisnatch to The star.

Special Dispatch to The Star.
RICHMOND, Va, June 19.--Gov.
Byrd has denied the application of
the State employees for a work day
Of seven and half hours, insisting
that they shall put in eight hours
every day, save for Saturday half
days. The woman workers were al
most unanimous for the shorter day.
Nrne have so far resigned.
Evening star., 1926-06-19

WANTED-AN EXECUTIVE
who has $4,000 to invest in a
proposition which he would have
charge Of and which has a won
derful future. Write for appoint
ment. w. II. Braul, 933 Invest
ment Building.
Evening star., 1926-06-19
CLOSING COTTON TABLES.
New Orleans cotton futures closed eteady
uneh anged tc . points up.
Your Banker. Knows.

When in doubt about a security
consult your banker. 1t is equally as
much his interest as your to protect
your savings. You trust him with
your deposits-why not trust him
with your Investment 0rnhlAma2
Evening star., 1926-06-19
FOREIGN EXCHANGE.
Quotations furnished by W. B. Hibbs 4 Co..
Mammal Selling rhecks
CHICAGO STOCK MARKET.
Quotations furnished BY Redmond 4 Co..

CHICAGO, June 1s.-Following is
report OF today's sales, high. low
and closing quotations at the Chicago
StArL FychaORe.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-12-20
Boys GYMNASIUM
CLASSES AT ny" IN
ANNUAL COMPETITION

Much interest is being shown this
year by the members of the various
boys gymnasium classes of the Au-
gusta Y. M. c. A. in the athletic con-
test which is being conducted for a
period of 20 weeks. single event
Is held each week in which the bows
compete and are graded on the
point system according to their pro-
hclency. Any boy who at the end
or the contest has attained q total
or 1000 points will be presented with
a Y. M. c. A. emblem, while to the
three boys receiving the highest to-
tai Of points will go gold, a silver
ana bronze medal in the order
named.
Three classes, the Midgets, Juniors
ana High School Freshmen, are en-
tered in the contest with a total of
o3 boys taking part, and to make
the contest still more interesting
each class is divided into two teams
and class total of points is also
Kept. To date the team scores are
as follows:
Midget lass-"Harvard," Can't,
William Williamson, Jr., 203O:
yale" Capt. Wilfred Thomas, 2O52,
Junior Dartmouth" Capt.
Richard Sawyer, 2770:. Princeton,
Capt. Edward Jackson. 22OS.
High. School Freshmen-"Colby."
capt. George Mendall. 1894; Bow
do1n," Capt. Charles Kinsman, Jr.,
1918.
Some of the individual scores are:
Carleton Bagley 426, Kenneth Mar
riner $40, Richard Sawyer $40, Will
fred Thomas 356, Charles Brown Jr.,
500, William Otis 33S, Charles Brew
ster $50, Ralph Rollins 326.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-12-20
N. E. Institute for
tuberculosis Workers
At Harvard. Jan. 81

Public Health workers in Maine
and throughout New England, es-
pecially those engaged in tubercuIo-
sis prevention work as conducted by
volunteer health organizations, will
be interested in the announcement
made here yesterday concerning the
New England Institute for Tubercu-
losis Workers. which will open at the
Harvard School of Publis Health on
Monday. January 81.
The announcement was made by
Walter D. Thurber, executive secre-
tary of the Maine Public Health AS
ISOLATION, and president of the New
England Conference on Tuberculo-
sis.
The institute will be under the
Joint direction of the New England
Conference and the National Tuber-
culosis Association DR.. Phillip P.
Jacobs, of New York, has been Sc
lected as the director of the faculty
for the Institute which will continue
for two yeeks with a group of emf
nent lecturers giving instruction in
hourly periods. With the exception
of matriculation fee of $40 there
are no charges for the institute. The
number of students from Maine is
iliiiteu ailu tiiOSe ucSiiiHS 10 avail
themselves of the institute are ad-
vised to communicate at once with
the president, care Maine Public
Health Association, Augusta. or with
Secretary Frank Herman. Massachu-
sets tuberculosis Institute, Little
Building, Boston.
The courses to be covered at the
Institute include the various subjects
which enter in the latest known
method of combating tuberculosis
through organization, publicity and
educational methods. The institute
will not give instruction on the medi-
cal treatment of tuberculosis or other
diseases since this is a subject for
the consideration of physicians and
the students at this institute, almost
without exception, will be laymen.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-12-20
AUGUSTA STORES TO REMAIN OPEN
EVENINGS Until CHRISTMAS

Practically all of the retail STOVES
OF Augusta will start keeping omen
tonight for the remainder of the
week. This will be appreciated hv
all those who have not been gett,ns
through their daily work until 6
o'clock in the afternoon, for It will,
give them a chance to do their
Christmas shopping.
The Christmas trade in Augusta
this year has been brisk. The stores s
are fllled with good things and the
prices are lower than usual. MANY
OF the merchants report that their
business has already gone ahead of
that OF last season.
People began buying early this
year, but the real start in shopping
began with the receipt of the Christ
mas club checks from the two banks
that feature this method of saving
for Christmas.
Saturday night, in spite Of the less
than zero temperature, there was a
big crowd on the street. It is fair to
expect an even large throng tonight
and the remaining nights before
Christmas.