davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
ILLINOIS JUDGE
TO Be INDIANA
BAR SPEAKER
Annual Meeting of State
Association Will Be
Held at Lafayette.
BIZ Times Special

81 Times Special
LAFAYETTE, Ind. May 2s.-Jus-
tice Frederic DeYoung of the ILL.,
nols supreme court will be the prin-
cipal speaker at the thirty-hfth an
nual meeting Of the Indiana Stats
Bar Association TO be held here
July 8 and 10. He will be heard at
banquet the evening of July 10,
70 be held in Memorial union build
ing Oh Purdue university.
a feature of the opening dav pro
gram Will be the memorial services
lor PRESIDENT w. w. Miller. of the
association, who died several months
ago. and Dan w. Simms. LAFAYETTE
a past president. Judge Harvey J.
curtis will speak on Mr.. Miller
while Charles M. McCabe. Craw-
louisville, will speak on Mr.. Simms.
President Edward C. Elliott of
Purdue university will deliver an
address Of welcome at the meeting
and there will be a response bv
Frank H. Hatfield of Evansville.
The Lafayette Bar Association will
be host to the delegates the first
evening, with John B. Randolph
president OF the Lafayette associ-
alton, and James A. Andrews chair
man Of the entertainment commit
tee, in charge.
Professor Walter Wheeler Cook OF
Johns Hopkins university will also
address the association.
The program for the meeting will
be in charge of Frank N. Richman.
Columbus, vice-president of the as
ISOLATION. He has been acting presi-
dent since the death of MIR. Miller.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
STATE BANKERS
TO MEET HERE
june 10 AND II
Indianapolis Will Be Host
for Thirty-Fifth Annual
Session.

Bank executives from east and
west and economists whose statistic
al finger-tips constantly are on the
business pulse Of the country will
give hundreds of Indiana bankers
view Of present worldwide con-
ditions and suggest remedies for
business difficulties at the thirty
fifth annual convention of the In
diana Bankers Association, which
will be held in indianapolis Wednes-
day and Thursday, June 10 and IL.
Maintenance of sound banking
practices throughout Indiana, use
of such governmental facilities as
are necessary to protect depositors
and shareholders in Hoosler flnar1-
cial institutions during periods of
economic stress and Importance OF
cooperation between the public, its
Official supervisors of the banking
business and financial executives
will be anlplifled by speakers at
business sessions. Many entertain
ment features will be on the pro-
gram for visiting bankers and their
wives.
Muncie Man to Preside
Frank B. Bernard, president of
the Merchants National bank, Mum
Gle, president of the Indiana asso-
citation, will preside at the busi-
ness sessions and introduce many
of the speakers. Besides many
Hoosier bank executives, these will
include Eugene M. Stevens, chair
man of the Seventh Federal Reserve
bank, Chicago; DR.. w. H. Kiekhofer,
Madison, Wis, of the University Of
Wisconsin faculty; Edward j.
Reilly, trust counsel for Moody's
Investor Service; Justin H. Moore,
economist, of the Irving Trust Com
pany, New York; DR.. Lionel D. Edie,
former Hoosier and now economist
for the Capital Research Company,
New York; G. F. Schwenker, Mad
ison, Wis, commissioner Of bank
ing, state of Wisconsin; Luther F.
Synnons and Thomas =. Barr, In
diana commissioner and deputy
commissioner Of banking; Earl II.
Crawford, president Of the Fayette
Bank and Trust Company, Con-
nersville, and chairman Of the
banking committee of the 1881
Indiana house of representatives;
Felix M. McWhirter, president of
the Peoples State bank, Indianap-
oils; Fred D. Rose, Muncie, presi-
dent of the Merchants Trust and
Savings Company and a member OF
the 1930-1931 legislative committee
of the association.
Subjects Announced
Topics at the various sessions will
include discussion Of prudent bank
management, Importance Of and
methods Of maintaining proper
liquidity in the operation of financial
institutions, organized control OF
rates of interest banks safely can
pay, analysis of operating costs to
insure elimination Of improbable
business, the world picture of bust
ness COIlQlGlO14S d4lu LSN4S"S VI 1901
legislative enactments as they per-
tain to the general strengthening of
the legal phases of Indiana bank
supervision.
The annual banquet will be held
at the Claypool Thursday and
buffet supper. smoker, entertain
ment and dance at the Indianapolis
Athletic Club roof garden, will be
held Wednesday evening.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
BANDIT TRIAL OPENS
Life Term Prisoners tC
Testify Against Youth.
BY Times Special

By Times Special
= NOBLESVILLE. Ind, May u.s.
Charged with auto banditry, Gerald
Haygood, Indianapolis youth, went
on trial in Hamilton circuit court
here today. The charges resulted
from a filling station holdup during
which the attendant owen Crick~
more, was slain.
Witnesses against Haygood will
include Floyd Strange and Robert
Ingersoll, indianapolis, both serving
life terms in the state prison for
their part in the crime.
Charles McCammon, Indianapolis,
the fourth man accused in the case,
faces first degree murder charge.
His trial will be held at the con-
cluSion Of Haygood's.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
COST OF CRIME SHOWN
Law VioIators Cost Michigan City
$4,000 in Year.
N Times SpecioL

MICHIGAN CITY, Ind, May Is
Cost of administering the criminal
law in Michigan City for the year
1880 was $77,9O9, according to a re-
port prepared by a local committee
and submitted to the Sickersham
national law enforcement commits
sion.
The local committee chairman
was Judge Harry l.. Crumpacker Of
La Porte superior court.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
BY JOHN A. MACREADY

Written for NEA Service and The Times
GENERAL factors lead authorities
~ in the aviation field to believe
that it is only a comparatively short
time until the man who elects to
travel on trains, instead Of the
more rapid airplanes, will have to
pay more for his ticket than the
man who rides the airlines. In fact,
on a few lines now the airplane
ticket is less than the combined rail
and Pullman fare.
Demand for airplane passenger
service is increasing rapidly. More
people are flying today than ever
before. Almost every month shows
an increase in airplane passenger
traffic. Air express and airmail are
also increasing rapidly.
With this increasing use Of air.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
CHANGE UTILITY VALUES
I. H., l. g. Z. Power Property Assets
Hiked by State Board.

State tax commissioners Saturday
increased the valuation of power
proerties of the Terre Haute, Indi-
annapolis and Eastern Railway ST.
100000 and decreased valuation of
the interurban lines $1,402,705.
The properties have been ordered
sold by Judge Russell j. Ryan of
superior court five at not less than
S2,500000.
Valuation for the power properties
was set by the tax board at $780,
965 and the interurban lines at
$1,355,646.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
TRUST FUNDS CREATED
Disposal of S1,5OO,OOO Reitz Estate
Made at Evansville.
BIZ United Press

BIZ United Press
EVANSVILLE, Ind, May Is
Settlement of the $1,50O,OOO estate
of Francis J. Reitz, whereby sew
eral trust funds were established,
has been made. A number of be-
quests were also made to heirs.
Reitz Memorial high school will
receive a perpetual trust fund of
100000, according to the settle
ment ST. Meinrad abbey was given
$4,000 in cash and Holy Trinity
church, Evansville, the income from
$4,000, Sacred Heart and st. Boni-
face churches and st. Vincent's or
phanage, Vincennes, also received
trust funds.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Veterans Elect

KOKOMO, Ind, May 25.-Louis
Duner. Logansport, was named dis
trict president of Spanish American
war veterans In session here. Rep
resentatives from Frankfort. Lo-
gansport, Upton. Peru, Wabash,
Marion, South Bend. Misnawaka,
NobleSville, Lebanon and Indian
apolis attended the convention. The
next meeting will be held July 10
in Lafayette.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Appeal Liquor Convictions

Appeal from conviction on liquor
and nuisance charges in federal
court here was filed today with the
United States circuit court of ap-
peals by Harry (Goosie) Lee and
George Graham. Lee was sentenced
to eight months in county Jail, and
Graham to six months.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Colliding Horses Killed

COLUMBIA CITY, Ind, May %.
Two horses belonging to John
Shorh. Cleveland township farmer
were killed as result of runaway.
The fleeing horse collided with a
blind animal which had been tied
to tree. The first animal died in
stantly and the other within fifteen
minutes after the accident.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25

own motive power, while the rail-
way car must depend on a costly
locomotive.
MUCH of the cost of railroad
Iva transportation is the result of
the necessity Of hauling heavy
equipment. Weight considered, air.
plane engines develop more power
than any known motive force.
For example, the engines that pull
the Twentieth Century Limited
weigh approximately $50 pounds for
every horse power developed; we
now have airplane engines that de-
velop 1-horse power for every five
sixthS of pound of total weight.
Another factor in the high cost
Of railroad fares is the millions of
dollars which must be invested in
stations, rights-of way, bridges,
switching facilities, repair shops,
coaling stations, etc.
Thousands of miles of track, mil
lions Of ties, hundreds of bridges,
many of which are damaged every
year by floods-all these necessities
in railroading are absent from the
operating costs Of air transport
companies.
Many railroad passenger termi-
nails are located in congested dis
tricts, where land values are high
and where costly track elevations
are necessary.
Interest ON the money tied up in
these terminals eats up a huge
share of railroad revenues. Most
airportS are located on compare
lively inexpensive land, in suburban
districts.
I'm comparing railroad travel with
4 air travel, we must remember
that the railroads have been devel-
oping for many years. They have
had a long time to bring their or
ganization to a high standard
of efficiency.
Prior to 1927 there was virtually
no regularly scheduled passenger
transport air services. In these
three years a network of airlines
manned by efficient and careful
pilots and ground crews have been
built up. Millions of dollars have
been invested in planes and land
ing fields.
The very fact that our airlines
can continue to operate under pres
ent conditions, with only a fraction
of the total travelling public now
patronizing them is, to me, positive
proof that it is only q few years
until the bulk of first-class, long
distance travel will be by air.
Development of aviation is being
hampered by the need for more
landing fields. In the country there
are about 1000 airports.
DLANS for 1,410 additional air
L ports are under way. But even
when these are completed, much
will remain to be done to provide
needed facilities for the rapidly
growing airplane industry.
When I visited Los Angeles In
1925 there was but one field-Clover
field. Today there are fifty-six air.
ports in the Los Angeles district.
A lot more than just fiat, open
field is required for an airport
Many present fields need to be lev
eled and drained. Nearly all fields
need additional hangers and better
runWayS, as well as improved facili-
ties for taking care of passenger
traffic.
One of the greatest needs in many
airports is improved lighting facili-
ties. A large proportion of air
ports have no lighting facilities at
all. This means that as far as
nisht flying is concerned these air.
ports are useless.
NEXT. EufyIro franS AfIa af;o
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Bridge Contracts Awarded

E. R. Campbell Company, Sand
born, has been awarded two bridge
by the state highway de-
partment. One on state Road 56
over Clifty creek in Jefferson
county, near Madison. and will cost
$17,875.57; the other, on state Road
81. over Kokonlo creek in Kokomo,
1868.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25

GYMNASTIC COLLEGE
TO GRADUATE FIFTY
TAX FUNDS COLLECTED
$4,000 Tied Up by Bank Closing
Obtained by Treasurer.

Collection of several thousands of
the $4,000 tax money, tied up by
the closing of the Meyer-Kiser bank
May u, has been accomplished by
the county treasurer's Office, G. o.
Harris, chief deputy, announced to-
day.
Many persons, who had paid their
taxes by check found that the
checks still were in the treasurer's
Office when the bank closed. Ma
jority of these people since have
paid the money.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Bankers Mother Dies

By Times Special
NO5LESVILLE, Ind, May Is
Mrs. Elizabeth Duncan, 80, widow
Of David Duncan. is dead at the
home Of her daughter, Mrs. M. E.
Leavitt. She laves another child
P. D. Duncan, president OF the
Citlzenss6tate bank OF this city.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
KokOmo Theater Robbed

By United Press
KOKOMO,, Ind. May 25.-Six
hundred dollars, the days receipts
from the Isis theater, was taken
from Charles PaSsafune by bandit
while picture portraying similar
crime was being shown on the
screen.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Two at Convention
BIZ Times Special

ITIto WcJIUF
MARTINSvILLE, Ind, May as
Misses Helen Smith and Arlene
Brown of Martinsville are attending
the annual convention of Sigma
Alpha Gamma sorority in Fl.
Wayne. Miss Smith is a delegate of
Epsilon chapter of this city.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Aged Woman Killed

81 7 INES cpectdF
LOGANSPORT. Ind, May Is
Mrs. Anna Ward, "a, Camden. was
killed near here when an automo-
bile in which she was a passenger
overturned. Police held for Ques-
tionins G. Carusen So. Peru.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
PARTY ON DEATH DATE
Rich Merchant Provides for Jolly

Rich Merchant Provides for Jolly
Time on Anniversary of Demise.
By United Press
NEWARK, N. j., May 25.-A din
ner, which must be a "mirthful fes-
tival," is ordered on the first ami
versary of his death by the will of
Ferdinand Borenstein, prominent
merchant.
Expenses are to be paid out of
his estate, and his attorney, Aaron
Levinstone, is to be POSTMASTER.
The first anniversary of Borenstein's
death falls on April 81, 1882.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
BOND ISSUE is SOLD
Street Improvement Securities Go to
Union Trust Company.

Six thousand dollar bond issue for
the improvement of Kentucky ave-
nue., Harding street to Belmont ave-
nue., was sold today by Francis Cole
man, deputy city controller, to the
Union Trust Company. The interest
rate is q per cent with a 81 premium.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Three to Reformatory
By Times Special

by IfWeS Dp6CIuI
KOKOMO, Ind, May 25.-CarI
Wayt, 10; William Leroy Harmon,
Is, and Ernest Harner. Is, have been
returned to the state reformatory as
parole violators following their con-
viction of a series of minor theftS,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Plane Gazer's Home Afire

By United Press
LOGANSPORT, Ind. May U.s.
An airplane turned Mrs. Fabian
Keller's gaze skyward. Her atten-
ton was attracted from the plane,
however, when she saw smoke pour
ing from the roof of her home.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
PIGEON LANDS ON BOAT
Bird Drops Exhausted on Deck Of
TrawIer rs Miles at Sea.

hN JNlten PTcSS
BOSTON. May 25.-The steam
trawler Fabia upon landing at
Fish pier today reported that an
exhausted carrier pigeon dropped
TO its deck May is, seventy eight
miles southeast of Cape Cod. 1t
was released the next day after
II had rested.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
BIZ United Press

By United Press
TEGUCIGALPA, Honduras, May
25.-Victory for government forces
over a rebel army under General
Gregorio Ferrera in the vicinity of
Tela, important banana coast
port, is claimed in an official COM
munique. Sharp fighting oc-
CURED.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
ASKS FOR DISPLAY BAN
Safety Board Petitioned to Halt
Exhibits on Sidewalks.

Letter from H. B. Steeg, secretary
of the city plan commission today
asked the safety board to enforce
a law requiring displays of stores
to be kept off sidewalks, behind the
property line.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
WOMAN KILLS SELF
Shot Through Heart While Fam
lily Eats Sunday Breakfast.

While her family breakfasted
Sunday, Mrs. Maude Englert. 40. Of
All South Harding street, shot her
self through the heart. Hearing
the shot, Mrs. Edna Shields, her
daughter found Mrs. Englert dead
IN the bathroom.
& Mrs. Shields said her mother had
been respondent because of separa-
tion from her husband for about q
vesr.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Young Niotorist Killed

~ CHited Press
- LUXEMBOURG. Ind, May IS.
Carl LoSencamp. 81. Harrison, O.,
WAS killed when his automobile
plunged over an embankment into
Tanners creek.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
RELIGIOUS PACT TALKED
Vatican and Spain Express Hope
for Settlement of Difficulties.

By United Press
VATICAN CITY. May 25.-Nego-
tiations between the Vatican and
the Spanish government for settle
ment Of the religious difficultiW
continued today with hope ex-
pressed for an agreement that would
permit friendly relations to be
maintained,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25
Rout Honduras Rebels

NEXT: Future trans Atlantic
travel.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-25

own motive power, while the rail
way car must depend on cost.
locomotive.
The Washington times., 1931-02-20
ASsQiLs
States Oil Churqe

Harry F. Sinclair, chairman of
the Sinclair Consolidated Oil Cor.
poration, today assailed state
ments of Gov. William H. Muir,
ray, of Oklahoma, charging the
Sinclair Corporation with trying
to destroy the oil market in
Oklahoma.
$50 far as wrecking the
State of Oklahoma and its oil
business" Mr.. Sinclair de-
clared, "its production figures
show that for more than two
years the State has steadily
been thrOttIed by its own policy.
This policy of strangulatiOn,
promoted at the expense of
Oklahoma and by those work
ing in their own interest and
the advantage of other fields,
is the real source of the trOu.
bIe."
The controversy between Sin,
clair and Governor Murray
started when the Sinclair Cor
poration posted a price Of 81
cents a barrel for Oklahoma oil
This price is considerably lower
than the previous prise quoted.
The Washington times., 1931-02-20
Financial Ad Men
Form NeIU Group

Financial advertising men of
the New York area have decided
to organize a local group to be
affiliated with the Financial Ad-
vertisers Association, a national
group. The decision was made at
a luncheon at the Roosevelt held
in connection with the trust con-
ference of the American Bankers
Association. o. G. Alexander, as
sistant vice president of the
Bank of Manhattan, George Dock,
jr., of Halsey Stuart & Co., and
George P. Thomas were chosen
to draw up the laws of the new
group,
The Washington times., 1931-02-20
MARKET STARTS
UP LIKE RACE
.,--A-
& HORSE
Turnover in First HaIf-Hour Is
100000 Shares and Prices
Pushed Up | to 212 Points
BY w. S. COUSINS

NEW YORK. Feb. 20 GNSD.
The public utility stocks and the
Specialties we're leaders this
morning in a moderate upward
movement in which gains of l
to 21a points were recorded.
The session started off like a
race horse, with 100000 shares
turned over in the first half
hour, compared with 100000 in
the same period yesterday, the
favOrites going through in 5000
and 1O,OO0-share blocks.
Is Demands Increasing
Speeding up of the automobile
and steel industries to meet in
creaSing demands of the home
markets and the growing de-
mands for stocks from outside
sources were the outstanding
factors in creating a better feel
ing in Wall Street.
Consolidated Gas and Columbia,
National Power, Electric Power
and other popular utility stocks
moved up the line about a point
on the average.
Radio pushed above 20 for the
first time this year.
International Telephone and
Telegraph continued its spectacu-
lar advance and reached a new
high at 35, up 2 points for the day
and II points on the move.
United Aircraft Scars
United Aircraft was in bid de-
mand above 35. up 212. Westing
house topped 100, for a gain of
az, and General Electric gained
point at 50l2. Worthington Pump
and other specialties advanced l
to 3 points.
Commodity markets were steady
and money in good supply at 1i2
per cent on the Stock Exchange.
The big oil companies cut the
tank wagon price of gasoline l
cent "a gallon.
The Washington times., 1931-02-20
WASHINGTON STOCK EXCHANGE
SALES

OSA4GIAS
Capital Traction IS, $4,000
s11a.
Potomac Electric IS, 1853, $1,000
@1OS1z.
washington Gas IS, B, $1,000
1861.
11112.
Potomac Electric 51as, pfd., 100
l085a, 1O@1081a, 10@1081a.
Commercial National Bank, 10
@219.
Liberty National Bank, 200 1876
American Security and Trust
Company, 2@347.
National Mortgage and Invest
ment pfd., 1O0@5, 50@5.
Peoples Drug Stores pfd., 100
992s, 5000.
AFTER CALL
Capital Traction SIS, $1,000
8112.
Chesapeake and Potomac Tele,
phone Company of Virginia IS,
$1,OOO@1O312.
Capital Traction Company, 100
So. 12O@36, 10@36, 1O@36, 100
361s, 1O@361s, 1O@36, 20@36, SO
036.
Washington Railway and Elec-
trio pfd., 1O@98A, 10@98A.
Washington Railway and Elec-
+r;c Ac S1 mn mr27 A
The Washington times., 1931-02-20
Forbes Elected by
Oliver Farm Firm

CHICAGO, Feb. 20-Myron E.
Forbes, former president of the
Pierce-Arrow Motor Car Co., will
become vice-president in charge
of finance of the Oliver Farm
Equipment Co. Mr.. Forbes was
associated at one time with Deere
g. Co. in various executive capac-
tiles from 1911 to 1918. "a
The Washington times., 1931-02-20
c D NSUMP PT|ON
Of CANDY Up

CHICAGO. Feb. 20.-The United
States produces and Consur1es
500 times as much candy in a
single year as it imports from
foreign countries, according to F..
A. Bunte, of Bunte Brothers, Chi
cago candy manufacturers, in an
address here. He declared:
american made candles are
apparently good enough for
American sweet lovers. The av.
erage production of candy in
this country is 100000 tons an.
nualIy, whereas our imports of
candy from abroad average only
1,575 tons o year."
The Washington times., 1931-02-20
MART LEADERS
. ARE EBOOMED|N
NEW RALLY
Recovery in Stocks Steadied
BY Participation Of Old
Line Leaders of Trading
BY THE SPECTATOR

A resumption of aggressive
bullish operations in such
old-line leaders as American
Can and United States Steel
in the closing hour of
Thursdays session. imbued
the market as a whole with
sufficient strength to break
out of it's rut and establish
itself at new peak levels for
the year. The net advance
in the Standard Statistics
Index of 80 stocks was 2.3
points, the most decisive
since February 9.