davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
1856 GIANTS OF
INDUSTRY EARN
THREE BILLION

BIZ United Press
WASHINGTON. June 27.-One
hundred ninety-six of Americas
giant corporations make total Of
more than three billion dollars in
1925, or almost half the net earnings
of all the 100000 American corpora
tons for the year.
The figures are contained in the
treasury's analysis of 1926 income,
inheritance and cooperation tax COL
lections on 1925 income, made pub
lie today, the first complete analysis
of the workings of the 1926 tax law.
Each of the 1876 giants made
s5,000,000 net incomes or over. and
their average net income, the total
being s3,097, $4,000. was about sl5,-
100000.
It's All Clear
This represents profits alone, ex-
penses being deducted before they
reported the taxable income.
The figures also showed that lib
corporations, including. the 1876
noted above had net incomes OF
S1,O0O,000 or more apiece, total OF
S4,973, 963,C00 and an average OF
$4,470,000.
At the other end of the scale
we're 177,738 corporations. or two
out-of-five of the 100000 reporting,
which had no net income for the
year and which reported a total de-
felt of almost two million dollars.
Records Shattered
The total net income of the $4,000
corporations which reported making
money was $9,583,000. This is a
record-breaking figure, almost eX-
actly two billions more than the
1924 figure of $7.685.000,000.
Subtracting the losses reported
from the 1925 total gives approx
mately $1,000, 100000 as the total
net income of all American corpo-
rations for the year, which is also a
record breaking figure.
The corporations paid total taxes
of $1.170,000,000, almost a 100000
600 increase over the preceding
years figure of 1891 100000.
The 1926 law raised the tax on
corporation incomes to a fat 10 per
cent. in place of the fiat 1919 per
cent previously assessed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
Mine STRIKERS (.
FACING DANGER
OF FREEzEOUT
Water and Lights Shut Off,
HuckSterS Barred, BY
Corporation.
Bu United Press

BU United Press
PITTSBURGH, Pa, June 81
Cutting off city water and electric
lights and barring fruit and vegeta-
BILE hucksters from its mining VII
lagos, the Pittsburgh Terminal Coal
Corporation has begun freeze-out'
campaignNgainst striking miners at
it's pits on the outskirts of this city,
union officials charged today.
With its plan to evict strikers
blocked by court action, the COM
pany apparently intends to speed
evacuation by making life so un-
comfortable for the miners that they
will surrender and leave.
Philip Murray, international vice
president of the United Mine Work.
ers, today charged that water had
been disconnected at two mines;
that lights had been cut of at a
number of villages, and that milk
dealers and hucksters are barred.
Osler Admits Moves
George F. Osler, vice president
of the coal corporation, admitted all
these moves, except that relating TO
milk. He said the milk companies
refused to deliver, for fear OF dam-I
age to their wagons.
Strikers declare that bakery wag
ons, butcher carts, ice trucks andE
other food delivery services have
been banned from the mining towns
Newsboys are not permitted TO enteA
Shutting off the water means thu
wives of strikers, instead of gettin
water from easily accessible hyl
drants, must carry 1t long distancesV
for washing, cooking and drinking.
Women must walk to distant stores
for vegetables and fruit.
It is the same with milk, and
there are many babies in the VIII
lagos.
Invisible Deadline
Squads of coal and iron police,
employees of the company. have set
an invisible deadline on the streets
leading into the mining villages.
Cut off thus from the outside
world, the miners continue to hang
on to their homes.
! Union officials. saying they fear
an epidemic Of disease. have asked
the State health authorities TO in
vestigate. Osler admitted that the
authorities have questioned him.
Osler said the company had to
pay for the water and does not in
tend to buy 1t for the strikers, who
are not paying any rent.
The strikers families use water
sparingly now. because of the dis
lance it has to be carried. They arN
living almost as primitively as thei.
grandparents did in the same COM
munity.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
new OIL STOCK
SCANDAL ROCKS
SAN FRANCISCO
Two Federal Courts Name
Receivers for Julian
Petroleum.
BY FRANK H. BARTHOLOMEW

Omitted Press staff Correspondent
SAN FRANCISCO, June 27.-The
multi million dollar Julian Petrol
cum Corporation stock swindle,
qualified to go down in history with
the mississippi Bubble" and other
financial scandals, will re-enter the
San Francisco courts today.
With an audience of over 10000
Californians who have invested in
what is alleged to be an issue of
fraudulent and unauthorized stock
to the astounding total of $4,000
600 eagerly watching the proceed
ings, two Federal judges will appear
before a third and higher court
here.
Each judge has appointed a set of
receivers for A. G. Wagy & Co., a
brokerage house which also went to
smash in the wrecking of Julian
pete"
Judges Disagree
One judge ordered the State cor
poration commissioner, John M.
Friedlander, to deliver to his re-
ownership appointees the books and
records of the brokerage firm. The
other judge issued an order forbid
ing him to do so.
The higher court, the Circuit
Court of Appeals, will have to decide
which of the conflicting orders by
the two Federal jurists is to be re-
spected, and which set of receivers
is actually to act with authority. 1t
is said that such a situation has
never before occurred in the history
of California Jurisprudence.
The financial foundation Of the
entire State has been rocked by the
$140,0OO,0O0 explosion of Julian
pete" The hitherto immaculate
regulations of leading financiers,
movie millionaire, high political fig
ures and civic leaders are being
spattered with oil as the slow litiga-
ton goes on.
Exposed Through Sale
The story of the Julian promotion
is more astonishing than anything
concocted by j. Rufus Wallingford
in his prime. Briefly, it is that OF
a clique of operators who arrived in
Los Angeles from New York and
Texas year ago and took over a
tottering $3O,Ooo,oOO oil concern. In
one hectic year, unauthorized and
over-issued stock to a value of $140,
100000 is alleged to have been is
sued, and when the collapse came
some 10000 CALIFORNIA; of specula-
tive turn of mind found that they
had been "done in oil"
The false imitation was discovered
when the California Eastern Oil
Company completed negotiations to
buy the Julian concern, and tried to
effect a stock transfer by issuing
shares of California Eastern fol
those of Julian.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
Joins Indiana University

r. Clyde White has joined the
sociology staff of Indiana University,
and will aid Prof. U. G. Weatherly
in the extension division, 319 N.
Pennsylvania st. He is a graduate
of Texas and Columbia Universities,
and Union Theology Seminary. He
has had wide experience in social
work in New York City and Texas.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
FILM STARS HONEYMOON
Thousands See Rod La ROGUE and
Wilma Banky Marry.
BIZ United Press

BIZ United Press
HOLLYWOOD, Cal, June 81
Wilma Banky and Rod La ROGUE,
noted screen lovers, were en- route
to Vancouver today on their honey
moon which will include two
months tour of the Canadian
Rockies.
Miss Banky, whose name in her
native village in Hungary was Wilma
Konsics, and La ROGUE, were mar
ried yesterday in the Church of The
Good Shepherd in Beverley Hills
Thousands of persons assembled
to view the event.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27

whose pictures appear is the rule,
even though they be in the back
ground.
Minus the package she carried in
her arms in the photograph, Mrs.
E. H. Grub, 2241 Brookside Ave,
identified herself, as did Mrs. G. A.
Cakes, 428 N. Bosart Ave. Miss
Mary G. Reeves, 2545 Broadway, on
the extreme right in the Friday pic
lures, said she did not know what
it was all about when she saw the
photographer at work, but 'it does
pay to read The Times always"
You may appear tomorrow-it will
pay you to watch this space.
p. $50 far "Whoozit" has per-
feet score; each picture printed has
been identified, proving that The
Times is widely read.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
SOUTH DEATH TOLL is Is
Seven Drown; Cars Kill Six in
Oklahoma, Arkansas.
BIZ United Press

BIZ United Press
OKLAHOM CITY, Okla, June q.
Thirteen deaths occurred in Okla
homa and Arkansas over the week
end as crowds sought means to es-
cape excessive heat in the two
States, according to reports reach
ing here.
Seven persons drowned and six
lost their lives in motor car acct
dents: Five persons were drowned
here and one in Van Buren,, Ark,
while five others were killed in mo-
tor car accidents in Oklahoma and
two in Arkansas.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
Gone, but Not Forgotten
omobiles reported stolen to po-

Automobiles reported stolen to po-
lice belong to:
Monte Bose, 403 Wild Bank Bldg,
Ford, 1882, from Pennsylvania
and Thirteenth SITS.
j. M. Davis, 1912 N. Alabama ST.,
Chevrolet, 526-719, from 500 block
N. Alabama ST..
w. H. James, 2937 Madison Ave,
Chrysler, 396-459, from Walnut and
Meridian st.
j. E. Bennett, 1925 Oliver Ave-,
Ford, 407 from in front of that adj
dress.
Margaret Hall, 500 Fletcher Trust
Bldg, Ford, 570-207, from Market
and Alabama St.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
G. o. P. at Anderson
" Times Special

BIZ Times Special
ANDERSON, Ind, June 27.-Re-
publicans are expected heer from all
parts of Indiana Tuesdap night at
banquet which will be addressed
by Frank Mondell, Wyoming, for
mer Republican floor leader in the
House. Attendance of 500 is fore
cast.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
Radio Dealers Convene Here

More than 200 radio dealers
gathered in Indianapolis today for
q sales convention of the H. T..
Electric Company, Atwater Kent
radio distributors for forty-two CEN
trail Indiana counties. The sessions
are at the SEVERN.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
Auto SUNNY Store Robbed

Thieves broke in a window and
stole tires. tubes and accessories
worth $40, Ralph Dieckman. pro-
prietor of the Dieckmann Auto Sup
ply Company, 705 Washington ST.,
reported to police.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
so MUTINEERS ON TRIAL
Kansas Prison Officials Seek Lead
ers of Revolt.


Bp United Press
LANSING. Kan, June a.
Responsibility for the mutiny or SzS
prisoners CT the Kansas State
penitentiary last week will be de-
termined at the trial OF Atty Coils
victs being conducted by r. H.
Hudspeth, deputy warde;..
The trial was to continue To-Day,
with the supposed leaders OF tie
mutiny being questioned into the
affair. AS soon as the responsibility
has been fixed ard punishment
meted out, the State board Of adj
ministration will start an investiga-
ton.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
Lao, VS.. LaN

BIZ Times Special
ELWOOD, Ind, June 81
Motorcycle Policeman Merida
chased a speeding motorist
three miles. He finally caught
up and found the pursued was
Sheriff Daniels making a fast
trip on official business.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27

this week at Keiths by the Stuart
Walker Company
lice Bound" in this hot weather
what a treat!
And here's laugh a on "Whoozitp
Man Gets Tickets
In preparing pictures for last Fri
days issue OF Whoozit a mere man
in the background went unnoticed.
Mr.. Mere man saw himself, though,
and came in to get his tickets. He
proved to be Ed Tobin, 4751 E.
Washington ST., a pressman on the
indianapolis News. He went out
smiling with two seats.
Free theater tickets for persons
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-06-27
BACK HOME AGAIN

Automobiles reported found by
police belong to:
General Outdoor Advertising
Company, 100 w. Maryland st.,
Ford, found at 1921 Birch st.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-30
ACACIA MUTUAL LIFE INCOME
SHOWS 100000 INCREASE IN 1926
Officials of Newly Formed Union Labor
Insurance Company Named by Matthew
VOL, President-Other Financial Notes.

Exchange. Riggs National Bank
stock was again active, 80 shares
selling at AIS and 20 more at Az. off
8 points from the high mark reached
earlier in the week, which eliminated
23point jump. Five shares of
American Security Il Trust sold at
37212 and 5 shares of Merchants
Bank Trust at 151. Trading in
bank stocks ended with 20 shares of
Continental Trust. going at 107.
Capital Traction gained when, after
opening at l04, 1t advanced to 1O4B
on 20-share sale and then to 104A
Tor an odd share. Potomac Electric
preferred sold al 109A. aud Railway
Electric preferred changed hands
at 90A. A single share OF Mergen-
thaler Linotype brought 10.
On the bond side Capital Traction
os sold at par and y. Potomac Elec-
trlc 6s at 1071a, and Washington Gas
os at 1909. The same companys IS,
series b, closed the week at 104A.
TWO bank stocks are now quoted ex
dividend. National Savings and Trust
ana Washington Loan & Trust.
Washington Bank CIearings Gain.
Washington bank clearings for the
week ending January 81 totaled $685.
43l 900, or an increase of 149 per
cent over the corresponding week last
year. They were, however. over
81 900 900 more than for the week
ending January 20. Clearings for the
United States as a whole reflected
losses. They were S.3 per cent below
the previous week and 2.6 per cent
off from the similar week year ago
Atlanta clearings, according to
Bradstreet's, we're SIS 100000, loss
of 10 per cent from the previous week
and about IS 1000 900 under the figures
of year ago. Richmond also reported
a decline OF IL per cent and drop of
approximately Sc 100000 over the
week ending January 20. Norfolk
reported a IL per cent decline, but
the figures were we'll above those of
the previous week. Baltimore reported
a modest increase of 4 per cent over
n year ago, but considerably under the
clearings OF the previous week.
The Washington clearings for the
first month of 1927 will be available
tomorrow and wide interest will be
aroused by them.
Thrift Week Expenses, 81, $685..
Secretary c. f.. Fleming has re
ported through the general chairman,
Victor b. Deyber, that the Thrift week
expenses amounted to 81 $685.. and
are being paid with contributions from
organizations, firms and individuals.
The report states that 50 commercial,
social, civic, educational and religious
organizations took part In the cam.
paign Bank day was of special value
to school children and many new
accounts were opened by adults. AT
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-30

the meetings in schools, business
houses and churches, 21.7S6 white
persons and 1000 colored heard thrift
messages. In addition To these adj
dresses and the talks over the radio.
70 POP pieces OF printed matter were
distributed. And nowhere near as
much interest has been shown previ
ouslv IN the family budget books.
Life Insurance. own-your own home.
safe investments and make-a will days
gave a great impetus 10 these vital
problems. the report says Secretary
Fleming believes that the $4,000 slips
distributed in connection with the last
two days, Pay Bills and Share With
Others, had their effect also. The re-
port closes with expressions OF graft
tude for the help OF SO committeeman
and 81 others on the II committees.
The speakers, mercha hts and the finan-
cial supporters for the unselfish
service The aid of the newspapers
was also greatly appreciated.
Warning Issued on COunterfeits.
The Treasury Department has is
sued a warming on two new counter
feits. one a SIS national bank note, the
other a 500 gold certificate. The
former is issued on the National Bank
of Commerce of st. Louis, series 1902,
check letter M" portrait of Harrison
The latter Is of the series of 1922.
check letter M" portrait of Wash
ingtOn.
The S. note is skillfuly executed
Photographic reproduction on two
pieces of paper. with no imitation silk
threads. 1t is described as a danger
Gus" counterfeit. The $40 certificate
is described also as one that would de-
ceive the unwary.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-30
BY EDWARD c. STONE.

According to the annual report OF
the Acacia Mutual Life Association,
made public yesterday, the total In
come amounted to over $1,000 600, an
increase of 81 900. 900 over the pre-
vious u months The assets reached
$l9.250. 900. an increase of over $4,000,
900 for the year Total disbursements
to policyholders were 81 $500 Dis
bursements for management expenses
amounted to approximately ST 100000.
New business aggregated $40 200 900
insurance gained over $40. 600 900. The
total insurance in force at the close OF
1926 was over $4,000, 900 on over
100, 900 members. The association
placed 81 600. 900 mortgage loans all
over the United States, many of which
were in the District Of Columbia.
An item of outstanding local interest
is the fact that it's deposits in Wash
ington banks during 1926 reached APP
proXimately $4,000 900, marking the
institution as one of the vital indus
tries" of the Capital. President Will
liam Montgomery expressed belief that
1927 will be an equally good business
year The election of officers will take
place in the Homer Building in a few
days.
New Insurance Firms Stock Sold.
Matthew VOL, president of the new
ly organized Union Labor Life Insur-
ance Co, announced Yesterday than ].
y. Maddrill of New York has been APP
pointed insurance manager, and DIR. r.
b, Robbins of the New York State in
surance department., actuary. The
company has leased and will shortly
open commodious offices at Connect
cut avenue and Twentieth street
northwest President Woll also stated
tina tthe subscription books for stock
will be closed tomorrow with more
than $500 900 paid in. all of 1t taken
by union labor.
This money" Mr.. Vol added,
has been raised in one year and at
a cost not to exceed 3 per cent. We
consider this a phenomenal record
and are proud of the achievement.
The amount of capital is 800, 600
larger than the sum aimed at when
the campaign opened. No subscrip-
ton has exceeded 10000. Only in,
ternational unions were allowed that
much while individuals were limited
to 10 shares each or $500. More than
half of the international unions afr
lated with the A. F. of l.. are now
stockholders in the company"
The actual business of writing in
suranCe will begin not later than Feb.
ruary IS. Policy forms are now In
readiness.
Stock Strong at Close of Week.
Trading was unusually heavy for
Saturday on the Washington Stock
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-30
RAILROAD EARNINGS.
December Profits Likely to Be
Lower Than They Were Year Ago.

NEW YORK, January 90 Up).-De-
cernber net operating income Of all
class one railroads is estimated at
about $s5 900 900. based on reports
OF so carriers with aggregate net of
Sfo.710 900. decrease OF 1913 per cent
from year ago. The roads had
actual net of $e4.s5s.5i2 in December,
1898. and $114,sa7.2ss in November.
1928. Net for all carriers in 1925 is
esttrnated at $1.236 $780, 900, which
would be a return of 5.S4 per cent on
a rate making property valuation of
All ITS 900. 900 at the close OF 1925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-30
Japan SHIPS GOLD TO U. S.

NEW YORK, January 20 OP).--
japan is shipping $4,000 600 gold TO
San Francisco on the Steamship At
lantic. making s4,0o0.0o0 to this
country this year. The present pro-
gram is said 10 contemplate ship
n1ents of about 90 1000. 900 monthly TO
replenish foreign balances.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-30
OH OUTPUT AT NEW HIGH

NEW YORK, January 20 p)-
New high production in the Seminole
on Pool, Oklahoma. OF 214.150 barrels
Ids reported for the "a hours ended at
= Am. today. New wells by pure oil
and Barnsdall Corporation aided the
increase.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-11-09
LEGAL ADVERTISEMENT
NOTICE TO CONTRACTORS

or letting BY the City o. Browns
vile. Texas, Of the improvement OF
Tenth Street, and sundry other
streets, from the west line Of From
ton Street 10 the west line OF blocks
abutinE the railroad riRht-of-way, be-
ing approximately eleven half-blOcks,
Or five and enc half blocks.
NOTICE Is HEREBY GIVEN, THAT
WHEREAS, the City Of Browns
vile, has therefore BY resolutions,
directed the improvement Of Tenth
Street and sundry other streets, or
grading. raising and filling the an
and BY construction OF concrete curbB
and cutters wherever deemed neces-
sary, and paving the same with one
Of the following types on pavement.
to be selected By the City Commits
sion Of the said City. to-wit:
(I) o inch reinforced concrete
pavement;
f2) 5 inch reinforced concrete base
with I IL inch asphaltie concrete
wearing surface;
ca s ireh reinforced concrete base
with / IL inch rock asphalt thot
mix. wearing surface
f4) s irch reinforced concrete base
with l IL inch WarTenite-B itulithic
wearing surface
f51 Q 1-2 inch bituminoug concrete
base with i liz inch Warrenite-Bitu-
1.-the wearing surface
f6) 2 1-2 inch bitumincug concrete
base on a 3 inch compressed gravel
base with ! liz inch Warrenite-Bitu-
1.-the wearing surface and
WHEREAS. plans and specified
tons have been prepared for the said
work ~ the City Paving Engineer,
which are on file in the office cf che
City Secretary, and have been duly
approved BY the City Commission.
NOW, THEREFORE, ell persons
desiring TO bid upon the work cf
making the said improvements sre
requested 70 40 80 IL accordance with
the said resolutions. plans and Hpees-
fications IN which they are referred
BY filing sealed bids therefor with the
said City Secretary, on cr before che
18th day OF November, a. Id, 1927. ut
ten o'clock. A. VI.
Bidders rill be required - make
their bids ON forms cf proposals ~
ths City Eecrataryr ard Nhirh maybe