davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-12-02
CURB PRICES SAG
At ACTIVE CLOSE
Interest Centers in British
Reply, but Opinions
Confused.
BY JOHN A. CRONE.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, December 2-The Curb
Exchange turned active and weak dur
ing the final hour today. after opening
lower and drifting downward for near
ly four hours.
The whole Street tolay centered It's
attention on the British reply to the
United States note about war payments.
Traders were confused at the opening,
some expressing the belief that the
British debt plea had been discounted
Professionals. however. offered shares
shortly after the opening when they
saw the pound sterling weaken here
and international securities decline in
overseas markets.
Aluminium Co. Down.
Aluminium Co. of America common
lost a couple Of points when the COM
pany declared only IS cents on the pre-
ferred stock. which carries per cent
cumulative dividends. Hoskins Manu-
featuring declared a dividend of 25
cents, but that has been discounted.
Cord Corporation moved lower despite
its acquisition of control of Trans
american Air Lines, Inc, through pur-
chase of $4,000 shares of Thompson
Aeronautical stock.
Humble Oil, depending on the action
Of pipe line executives in Dallas tomor-
row, will resume buying 100 per cent
of crude oil from lease and royalty
owners in the Texas fields, it announced
publicly today, but this had been fore
shadowed on the tape several sessions
ago.
Oil Shares Inactive.
Aside from the slight betterment in
Standard Oil of Kentucky. petroleum
securities were not active. A drop Of
point in Gulf Oil was feature in mis-
Cellaneous oils during the third hour.
Southern Pipe Lines was the only active
issue in that classification.
Some Of the wide moves in early aft
ernoon were rise of 734 points in
Edison Electric Illuminating of Boston,
gain of points in American Maize
Products, a decline of more than a
point in American Laundry Machinery,
and a APPOINT advance in Novadel
Angenc
Stutz Motor was the weak spot In the
motor list Woolworth. Ltd, was up
slightly, but such international, issues as
were active were for the most part
lower. Gold stocks Jagged in compari
son with their activity in recent ses
sions. Copper shares eased. Decla-
rationS OF an extra dividend of 25 cents
and the usual 25-cent common quarter
ly by Texon Oil & Land was accom-
panied by gain of a point in that
stock.
(Copyright. 1922
Evening star., 1932-12-02

Remember, the time of success is
AHEAD, and to the future your
plans must 90 to pave the way for
your prosperity. Make the Column
bia National a partner in your eff
forts, dependable, safe source of
sound financial assistance. We in
vite your account NOW in prepa-
ration for your future.
Evening star., 1932-12-02
Clothiers Are Hopeful.

NEW YORK, December R.-
Mems wear retailers attending the
Spring buying convention of the Aff1l-
lated Clothiers, Inc, here have eX-
pressed confidence in the price struc-
ture Of the clothing market. An in
crease IN prices Of woollens and trim
mings and in wages paid to labor was
predicted by some of the members, it
was said.
Evening star., 1932-12-02
Grain Market

CHICAGO, December lP-Dis-
turbed world financial conditions re-
ceived most of the blame among wheat
traders today for material reactions
which took place in grain values.
A 4-cent break in the English pound
sterling at one time was construed as
especially bearish. Suggestions that the
Argentine wheat crop would be 10000
coo bushels less than last years harvest
were virtually ignored.
Wheat closed heavy, k-21s under
yesterdays finish, corn 7s-1A off, and
provisions unchanged to IS cents de-
nIiy,o
Evening star., 1932-12-02
BONDS.
PUBLIC UTILITY
MIScEILANEOUs
STOCKS.
PUBLIC UTILITY.

Amer. Tel. & Tel. 90. ...... 103 ".''
Capital TRACTION GO. e4# so
Wash Gas Light Co. C1S).... 69 ,S1
N & w. Steamboat (6l.. 99,, 1ii0
Pot Elec Power 81 pfd.: 1lQZ 1d5
Pot Elec Power 512% pfd. l06pa loe
Wash Rwy. & Elec. com 295 So
Wash. Rwy. e. Elec. pfd- t5).- 81 90
The following figures are not bids, but
merely represent minimum prices nxeo oy
the Washington Stock Exchange.
Evening star., 1932-12-02
Unlisted Department.

BONDS.
Evening star., 1932-12-02
U. s. TREASURY BALANCE.

BY the Associated Press.
Treasury receipts for November 30
we're $103, ,665.34; expenditures,
S109 $40, ,646.75; balance, $3.50, ,729, ,503 90.
Customs duties for the month Of No
ember were S24 4,050, ,87551.
Evening star., 1932-12-02
BAR SILVER.

NEW YORK, December L4).-Bar
silver weak; 4 lower at Is.
Evening star., 1932-12-02

Dividend rates in dollars based on last
dividend tPartly extra. tPlus AZ in stock.
O. Payable in cash or stock. Payable in
stock e adjustment dividend. fPius SO
in stock. g Plus So in stock. b Plus IL
in stock. Plus 81 in stock Plus 1876
in stock. m Plus 80 in stock. Plus SO
in stock. y Paid last year-no regular rate.
Evening star., 1932-12-02
CONDITION IS REPORTED
BY NEW YORK RESERVE

NEW YORK, December 2 Pl.-The
statement of the condition of the Fed
eral Reserve Bank of New York at the
close of business November 80 shows:
r..,, ro,d reserves 81. .oo2, ,o2o 900
,Totsi reserves. es.. 1850, SOC. 900
Bills discounted
Secured by United States -,o ooo
Government obligations. 3d'ssU'oooooo
Other bills discounted 55.oSSSaa'oooooo aa'ooo
Bills bought in open market 1o'%o%'ooo
Total United States Govern 49, 200 ooo
msns l,iSe SeeaI a,5 esecuritieS SII,712, 900
no. Iotai mtis tatsd ats itsms . 107,72s.000
Federal Reserve notes IN .eo 800 ooo
actual circulation ooo'lo@'ooo
Deposits- ras.rve acc,t. 1.1aa. .755. 900
me MemPer 5eI,osits nhnA . 1928. .531. 600
Ratio of total reserves to de-
posit and Federal Reserve
note liabilities combined -. oS-o pei Seii'
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
FLUSH VALVE
SAVES WATER
Greater Flow Required for
Bathroom Convenience.

Can I have a flush valve in nv
bath room?
The answer depends on the VOL
ume of water available for the flush
valve, which requires at least a
one-inch connection. While this is
easily obtained in new constructions
in old houses it is sometimes neces-
sary to resort to various devices to
increase the flow of water, particu-
larry If the supply pipe running
from the water main in the street
to the water meter in the basement
is only f1ve-eighths or three-fourths
of an inch in diameter.
Many plumbing contractors find
that a range boiler tank used for
pressure and placed in the attic or
basement of house is the best and
most convenient method of increas-
ing the flow of water where the sup
ply pipe is less than an inch in
diameter.
Saving of water and the relatively
small space required are advan-
tageS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
seek CHANGE IN
FEDERAL RULES
Architects Head Says U. S.
Is Poor DESIGNER.

The American Institute of Arch
fleets, with the support of the ma
tion's building industry, will seek
the enactment of congress legisla-
ton to check what is described as
"the rapid growth of governmental
bureaucy," says Louis lie Beaume
of st. Louis, chairman of the insti-
tute's committee of public works.
The government of the United
States" La Beaume says, lis no
more qualified to design our build
ings than to paint our pictures or
write our books"
The institute asks that the de-
signing of public buildings be en-
trusted to the nations ablest archi-
tects, and that the activity of the
office Of the supervising architects
of the treasury department be
limited to supervision.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
WOMAN ARRESTED ON
OFFICE SAFE INDICTED
Miss Mary MattOx Named in True
Bill for Burglary.

Among twenty-four persons in
dicted Friday by a Marion county
grand jury is Miss May Mattox,
1923 East Washington street, who
was found sitting on safe in the
Western Union telegraph Office at
Pearl and Meridian streets more
than a month ago when the place
was opened for the day.
She is said to have made a state
ment that she failed in efforts to
open the safe and feared to leave
the Office due to the large number
OF persons passing. She is charged
with second degree burglary.
A second degree burglary indict-
ment also was returned against
Walter Dockstetter, charged with
entering a garage owned by Perry
Lewis, 927 North Alabama street.
Adolph Fisher, 1902 Spruce street,
is charged with receiving stolen
goods and Lawrence Hiatt, Wilkins
street and fremont avenue. and
Chester Alfrey, 1874 South keystone
avenue, with theft of shotgun
and rifle belonging to Erick
Schelski, 908 South st. Peter street.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
KITCHEN NOW
COMPACT ROOM
Modern Workshops Re-
place Old Rambling Idea.

The great rambling kitchen Of
yesterday has been replaced by a
compact, colorful workshop where
the housewife of today can arrange
her furniture and supplies in the
most convenient manner.
An important time-saver is the
built-in ironing board that can be
pulled down at a moments notice
and popped back into the wall
when not in use. OF help, too, is
the breakfast nook which comes in
a variety Of designs, ready to in
stall. For limited space, there is a
kind that folds back into the wall
when not in use. Sometimes by re-
moving a partition, a pantry or
closet can be converted into an at
tractive nook where the family can
enjoy the first meal Of the day.
Numerous built-in cupboards and
other suitable equipment to meet
the homemakers' demands can be
obtained at all lumber dealers.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
REAL ESTATE BASE
OF MANY FORTUNES
Great Boon

Safe running water is the
white mans greatest achieve
ment, according to the Plumb
ing and Heating Industries
Bureau. Water is equal in i'm
portance to air and food.
There is no way of obtaining
safe running water without
safe disposal and treatment of
sewage. The health of the in
dividual and the community
depends on the function of
plumbing equipment.
No plumbing job should be
entrusted to an amateur or
handy man. Plumbing is a
branch of mechanical en-
cheering and only a reputable
and established master plum
Der should be permitted to do
plumbing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
PAGE 10

room or at least an extra lavatory.
The master bed room or a guest
room may be large enough to allow
corner to be partitioned of for a
private shower.
In the kitchen the housewife win
appreciate the addition of cubboards,
a broom closet. ironing board and
a breakfast nook. Sometimes the
pantry can be converted into a coy
nook where gay linens and bright
pottery will start the day of with
happy flourish.
Basement possibilities should not
be overlooked in remodeling plans.
The heating plant as we'll as a mod
ern laundry room can be separated
from the rest of the space partitions
Of wood or masonry. The remaining
space can be finished as a recre-
alton or billiard room or a playroom
for juvenile use.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
BOARDING CAMPAIGN Is
OUTLINED FOR WORKERS
A. NJ. GIOssbrenner Stresses Value
of Dollar kept at Work"

Alfred M. Glossbrenner, chairman
of the indianapolis campaign COM
mittee of the citizens reconstruct
ton organization, and William H.
Book, secretary, spoke at a meeting
Of the publicity and speakers COM
mittees in the Chamber of Com
merce Friday.
Glossbrenner stressed use of the
dollar bill and the actual amount of
value it carries, when kept in circu-
lation. He also pointed the way for
members to urge the employment of
every idle dollar in this vicinity dur
ing the campaign which will open
officially at p. m. Monday.
Book stated speakers will appear
before luncheon clubs and other Or
CARNATIONS and newspapers and
radio stations will unite in support
Of the movement.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
FEDERAL GRAND JURY
RETURNS INDICTMENTS
Liquor Charges Comprise Bulk of
Counts Handed Judge BaltzelI.

Indictments, other than the An
derson and Muncie liquor conSpir-
acy counts, filed with Judge Rob-
ert c. Baltzell by the federal grand
jury, charged the following law VIC
latiOnS:
Freedman Wright, Indianapolis. mar
cotics; Marion Holiday, Indianapolis. ma
tional bank act. Claude BittrOff. Indian
apolis liquor; Gene Hinton, indianapolis,
liquor; Reuben s. windish, Indianapolis,
liquor; Charles BraUnk Evansville, liquor.
H. E. Farrell, Evansville, liquor; Joseph
H. Greenwel and William Joseph Murphy,
Louisville, liquor: RIFT Hnson, Nelson
Jones, New Albany, liquor; Daniel L. Fin
ney. Terre Haute. liquor.
Sam Carmata, Clinton. liquor; Walter
A. Jiles, Terre Haute, liquor; Gilbert
Schlacter. Evansville, liquor; Thomas Kas-
ter, Evansville, liquor; John Pepeea, Terre
Haute liquor; Eliphaz Patrick Lowry, st.
Bernice, Ind, liquor.
Steve and Joe Carlevato, and Dominic
Ponzeti,. Blanford, Ind, liquor Mary HUI
ley and Horace French, Terre Haute,
liquor; John 9. Farley, Homer s. Tison,
Frank Lane. Frank Vincent, Oliver Bar
rett, and Pater Castor, all Evansville,
liQuOf
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
Famous Names of Past Are
Linked With Property
Holdings.

Almost all noted private fortunes
that have remained intact for four
Or five generations we're built on
investments in business real estate,
says the National Association of
Real Estate Boards, commenting on
today's opportunities in real estate
investments.
The most famous of these for
tunes were started with modest in
vestments that were increased and
increased until they totaled mil
lions. No depressions, past or pres
ent, stopped them.
The association quotes on this
subject NJ. w. lilies of Davenport,
Ia, who collected the following ex-
amples:
Nicholas Longworth was born in
Newark, N. j., migrated to Cincin-
natl. where he studied law. Long
worth's first client was accused OF
horse stealing. The man was &C
Quilted, but had no money, so Long
worth accepted two copper stills as
his fee. These stills we're traded
by Longworth to Goel Williams for
thirty-three acres of then un-
promising land in Cincinnati. Long
before his death this land was val
ued at 100000.
From time to time, Longworth
purchased more land with the
money he made in law. In 1863
his estate, infrealty holdings, was
valued at S15,0O0,000.
Nicholas Longworth's grandson
married President Roosevelt's
daughter. Robert Roosevelt, uncle
of the famous President, founded
his fortune on business property.
81. G. Wendell of New York City
invested the profits of his fur bust
ness in commercial real estate. This
property recently was valued at
$1OO,Oo0,0OO.
John Jacob Astor worked his way
from Waldorf, Germany, down the
Rhine to America. When he died
his real estate holdings amounted to
$20,000,000. Twenty-Seven years
later when his son, w. B. Aston, died
in 1875, the Aston properties were
reputed to be worth one hundred
million. w. B. Aston bought so
much real estate that he was known
as the landlord of New York The
Astor fortune still is invested in real
estate today.
"Peter Goelet was an ironmaster
during and after the American
Revolution, and the profits from his
business went into real estate. He
left 100000 to his son, Peter, who
increased it to $25,00O,00 through
the purchase of New York City land.
In 1912 the Goelet fortune totaled
$5O0,000,000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
CORPORATE FRANCHISES
FORFEITURE is SOUGHT
Attorney G eneral Files Suits Against
Eleven City Firms.

AttOrney-OeneraI Files SuCS ASdlAISI
Eleven City Firms.
Suits on file in Marion county
courts today seek to forfeit the cor
porate franchises of eleven Indian
apolis corporations.
Attorney General James M. Ogden
filed the suits alleging the COM
panies have failed to file annual re-
ports with the secretary of state,
as required by law. Defendants are:
American Theater Corporation. 11Oo
Hume-Mansur building: Drywater Process.
Inc, 2152 North Meridian street: Indian
apolis National Corporation. Antiacid
Laboratories and Manufacturing Company.
Inc. AIT When building: Indianapolis
Building and Remodeling Company. 629
Massachusetts, avenue; Dehnert Carnival
Company. 100 South Butler avenue: Ander-
son Central Realty Corporation. IT'S Lemcke
building: D. c. S. Products Company. Inc.
1854 Julian avenue; American Publishing
Company. Inc. Automatic Compound
Feeder Corporation. 500 Old Trails build
ing and Indianapolis Merchandise Sales
Corporation. 80 South Illinois street.
All the concerns were organized
within the last two years and most
have suspended operations, accord
ing to Ogden.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
old HOME MAY
Be MODERNIzED
AT SMALL COST
Slight Changes Needed to
Bring Added Comfort
and Cheer.

Every one prefers an attractive,
modern home to one that is old
fashioned. Many owners would like
to improve old dwellings if they
knew how to go about it. To help
such people get started, here are
listed eight practical suggestions
one or all Of which may be under
taken with the assurance that the
comfort and value Of the home will
be increased.
Most people like a large living
room. BY tearing out a partition
or two it often is possible to COM
vert two of the small rooms in an
older house into one large room.
A new grouping of windows may
help to give the enlarged room a
modern note.
Plastered archways or French
doors to replace single doors be-
tween adjoining rooms will help to
counteract an out-of date atmo-
sphere. New hardwood floors, too,
will do much for old interiors.
Attic May Be Used
The attic provides a splendid OPP
portunity for an extra room. One
of the several board products on the
market may be used to line the
walls and ceilings and keep furnace
heat in during cold winter days and
also protect the entire home from
the hot summer sun. Such board
supplies an attractive interior fin
ish and is simple and economical to
apply. The room may be used as
a bedroom, sewing room, workshop,
or a play room for the children.
Sometimes the addition of a
couple of dormers will not only
make attic rooms lighter and more
pleasant, but it also will give the
roof line of an old dwelling just the
touch it needs to improve it.
Another economical way to add
an extra room is by inclosing and
insulating an open porch. A day
bed or studio couch will provide ex-
ira sleeping facilities for emergen-
cieS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
FERD H0LLWEG QUITS
AS SCOUT TREASURER
Health, Business Force Resignation
of Council Official.

Resignation of Ferd L. Hollweg,
Mutual China Company president,
as treasurer of Indianapolis and
central Indiana councils of Boy
Scouts, announced at an executive
committee session, will become eff
fective in May
Hollweg, treasurer more than ten
years, said his health and business
no longer permit him to take an
active part in the councils affairs.
First of a series of district courts
of honor will be held tonight in
the Riverside Methodist Episcopal
church. A new troop will be in
stalled at Southport Sunday night.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
Corner CupbOards Available

One of the attractive things about
old colonial houses was the three
cornered china cupboard that
usually occupied a corner of the
dining room. These corner cup
boards now can be purchased ready
built, in copies of the colonial and
also other styles.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
EFFICIENCY IN
HOME BUILDING
is NEW COAL
National Committee win
Study Housing Needs
of County.
BIZ Times Special

BIZ Times Special
CHICAGO, March 5.-Creation of
a new national committee to bring
into full use efficient methods for
home building and home ownership
and TO advance what has been
called a science of housing is an
nounced by the National Associa-
ton of Real Estate Boards.
The purpose is to put the best
present information actively at
work.
The committee will act through
and with a new network of local
committees expected to be set up
by member boards in some $50
cities. The whole machinery will
be one through which housing
needs in each community may be
studied.
Centering on local needs, it will
back the conference findings and
aid their immediate practical appli-
cation.
VIII Be Cleaning House
AS a clearing house for the de-
velopment of more satisfactory
housing the committee will have an
active four-fold coordination: Cd
with the Presidents conference; %
with the real estate boards: 80
with other organized groups in the
field of planning, construction and
finance; az with the various civic,
semi-civic, scientific and philan-
thropic groups and institutions now
working upon the housing problem.
Edward A. MacDougall, New
York, member of the Presidents
conference, and president of Queens
boro Corporation, Jackson Heights,
where he has built some fifty mil
lion dollars worth of housing. will
be chairman of the committee.
Other members, as appointed by
L. T. Stevenson, Pittsburgh, presi-
dent Of the association, are: Ben
jamin Bills, Chicago; Robert P.
Gerholz, Flint, Mich; H. G. Thor
man, San Antonio, Texas; G. A.
Nichols, Oklahoma City, Okla;
hOOAll NldbbAiCWGs 1IlbJAC 4bOOhf al NJ
Harry B. Allen, San Francisco, Cal
New Standards Forecast
The committee is expected to
draw from its cooperating local
committees conclusions and recon-
mendations from time to time which
may be helpful to the Presidents
conference and to the home build
ing industry.
New standards of mortgage
finance, and standards for housing
ordinances, zoning ordinances and
building ordinances may be devel-
oped through the effective CO.
operation of all agencies interested
in better housing, MacDougall says
in outlining the scope of the work
which the committee will attack.
1t will support expected action by
local, state and national govern
mental agencies in furtherance Of
better housing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-03-05
DIVERS FIND U-BOAT'S
COMMANDER DIED HERO
BIZ United Press

By United Press
LONDON, March 5.-Commander
w. j. Leathes Of the submarine
M-2, stayed with his ship and was
lost with fifty nine of his men
when he might easily have saved
himself, the Daily Herald said to-
day.
The Herald said divers found the
commanders body in the coming
tower, his hands still on the con-
trolls. They said he could have
opened the coming tower hatch and
escaped,