davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-05-18
NATURAL GASOLINE
PRICE PARLEY is ON
Industry Seeks to Put Marketing
of Fuel on a More Stable
Basis.
BY WILLIAM VOGT, JR.,
Associated Pres Stab Writer

TULSA, Okla. May 18-Eforts to
put the natural gasoline section of the
oil industry on a more lucrative plane
are to receive attention today at the
annual meeting of the Natural Gasoline
Association of America.
Sidney S. Smith of Tulsa, association
president, said much cheap motor fuel
Is turned loose on the market to de-
press prices beyond their present un-
satisfactory point
Refinery markets are approximately
three times those of natural gasoline, -
he said. "On the one hand, We see the
refiner trying to hold the price of his
commodity at a point where he can
make profit, while, on the other hand,
he closes the price door to the natural
manufacturer, so his only course left
is to turn a food of cheap natural
motor fuel loose on the market, which
GepreSseS further the refinery price
structure.
"A great deal of this eventually finds
its way into the hands of the cut-price
marketer and tax evader This condi-
ton will cure itself when prices are
such that the natural manufacturer can
continue to exist, while the refiner can
still use his product"
Evening star., 1932-05-18
STOCK PR|CESSAG
IN LATE DEALINGS
Declines Are Mostly Frac-
tionaI After Day of Irreg-
uIar Changes.
BY GEORGE T. HUGHES.

Special Dispatch to The Star.
NEW YORK, May 18.-Stocks weak
ened in the last hour Of todays ses-
sion and closed somewhat lower. Up to
that time they had fiuctuated un-
certainly, with unimportant changes.
and even at the end the losses were
small.
On balance the news was favorable.
The most discouraging and possibly
the most influential item was the drop
in electric power output for the past
week.
On the other side we're the declara-
ton of the regular dividend by Amer
ican Telephone & Telegraph and the
statement made by Gov. Meyer of the
Federal Reserve Board before a con-
gresSional committee that the system
was seeking ways Of making available
to industry the credit which the banks
are now piling up by their purchase Of
Government securities. Traders, how
ever. were still disposed to put the
worst construction possible on the news.
The market adopted a waiting atti-
tude all through the morning, pending
action at the various dividend meetings
scheduled for today. Railroad stocks
were heavy but the only weak one was
4NC" L YIN c. 1ldI ACill Ill lAlAo III AAAAb
of trading was 10 shares and a steady
flow Of offerings had depressed the price
7 points before noon. bringing it down
to new low. New York g. Harlem Is
controlled by the New York Central
through ownership of the ma jority of
stock and SIS dividends are guaranteed.
In 1929 the stock sold as high as 1919
a share. It was down almost 800 points
from that level today.
Utilities were irregular. American
Telephone was well supported. but
United Gas improvement, Western
Union. Pacific Gas & Electric and
Standard Gas & Electric ranged lower.
Consolidated Gas was unable to make
headway, with the proposed bond
financing still delayed. United Corpora
tion declared the regular dividend on
the common stock.
The news was favorable toward the
Gil shares. and they were firm. Gasoline
stocks for the week ending May IA,
totaling 44.798,0 900 barrels. were down
1923, 900 barrels from the previous week
Standard Oil of New Jersey was quoted
around the best of the movement The
Iron Age report told of rise of point
to 25 per cent of capacity in steel opera
tions. United States Steel common was
steady, bit the preferred weakened.
Car loading reports for individual
roads showed little change. The South
ern Pacific lines for the week ending
May IA had a decline of 285 per cent
from the same week of 1881. Missouri
Pacific and st. Louis-San Francisco
increased loadings slightly over a week
ago. but were down sharply from the
corresponding 1881 week. The Chesa-
peake & Ohio regular dividend, de-
clared after the close of business yes
.erday had no effect on the stock.
Evening star., 1932-05-18
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATION

NEW YORK. May 18-The follow
ing is a summary Of important cor
poration news prepared by the Stand
ard Statistics Co, Inc, for the As
cociated Press:
News Trend.
Revenue freight car loadings de-
clined sharply in the week ended May
Z. According to the American Rail-
way Association, loadings totaled 533,-
GIT cars, which compare with 554O12
cars III the previous week and 745, TAO
cars III the corresponding period of
last year. Decreases were reported in
all commodities, with the exception Of
merchandise in less than car lots and
coke
Crude oil production averaged q
237, 400 barrels daily in the week ended
May IA, compared with 2,251 300 bar
rels in the preceding week, decline
of 14500 barrels, according to the
American Petroleum Institute. This
decrease was the result of smaller out
put in Oklahoma and East Texas
Gasoline stocks at refineries decreased
823, 900 barrels to a total of A, 798, 900
barrels on May IA.
The Companies.
American Products Co deficit, quar-
ter ended March 81 1882, S47,761.
Kelvinator Corporation-Produc
of 1877 GOT units planned for 1882; in
1881 sold 1858 units VS.. 104,l48 in
1890.
Richfeld Oil Of California subsid-
iary increases tank car gasoline price
Il cent a gallon to IL cents at New
York. Providence and Baltimore.
Chesapeake Corporation declared so
cents quarterly dividend; formerly paid
rs cents.
Refs (Robert) & Co. gross consoli-
dated sales three months to March 81
of 45.1 per cent.
Cities Service Co. subsidiary, Crew
Levick Co, advances bulk gasoline
price 4 cent a gallon.
International Nickel Co. net income
quarter ended March 81, 1882. $536,072
VS.. 81 16s9, ,637, equal to 8 cents a COM
mon share.
New England Tel & Tel March
gross off 3 per cent. net earnings off
lO7 per cent; three months, gross off
20 per cent, net off 12,1 per cent.
Nipissnng Mines Co., Ltd, 1881 COM
mon share earnings Of parent company
only cents VS.. % sentS.
Brillo Manufacturing common share
earnings quarter ended March 81,
1882, Is cents VS.. 39 cents.
combined A and B share earnings. IL
months ended March 81, 1882. 81 cents
VS.. AZ cents.
Mergenthaler Linotype Co. declared
dividend of 40 cents for current quarter
and one of 35 cents for next quarter;
expect to maintain So annual rate for
next fiscal year
Warner Bros. Pictures takes no action
on quarterly preferred dividend; paid
96l4 cents March !.
American Thread Co. makes further
cut in wages at Willimantic mills.
Anaconda Wire & Gable Co. deficit,
quarter ended March 81. 1882. $236,446.
VS.. net income S16l ,465, equal to 3S
cents a common share.
Caterpillar Tractor Co.-April net
sales. S1.747.481: net profit for 'divi-
dends. $48,079; three months net sales,
$3,50l CAT: net loss. $5l0,124.
Midland United Co passed dividend on
series A convertible preferred stock;
paid rs cents March "a
Midland Utilities Co. passed quarterly
dividends on its four classes of preferred
stocks; last payments made April 6.
Evening star., 1932-05-18
CHICAGO LIVE STOCK MARKET

CHICAGO. May 18 Cp) UNITED States
Department of Agriculture .-Hogs-Re-
ceiptS, 1000 head. including 1000 di-
rect; mostly 5a10 below yesterday IS
average; 170-210 pounds 340a3.55; top
$50; 220-250 pounds, 3.35a3.50: 26O-31O
pounds, 3.15a3.35; 140-16O pounds, 33Oa
$50; pigs, 30oa325 packing sows, 260a
800; light light, good and choice, 14O-
100 pounds, 3.30a350; light weight, 160-
200 pounds. 3.40a3 go; medium weight
200-250 pounds, 3.30a3.60: heavy weight
250-350 pounds. 3.10a3.40; packing sows
medium and good, 275-500 pounds, 9 go
a300; pigs. good and choice, 100130
pounds. 300a335.
Cattle-Receipts, 5000 head; calves,
1900 head; slow; weighty beeves COM
paratively scarce. about steady; few
early sales; yearlings and light steers
steady to weak, but most bids around Is
lower COWS scarce and strong to high
er; bulls l0al5 lower vealers steady to
weak; early top fed steers, 100; slaugh-
ter cattle and vealers, steers, good and
choice, 100000 pounds. 6.00a7 40; 900
1,100 pounds, 6.00a7.50; 1,100-1 300
pounds. 6.00a7 go; 1,300-1 500 pounds,
6.00a7.75; common and medium, 600
1900 pounds, 425a6.00.
Heifers, good and choice, 550-850
lLS, O-ZOdO.ZOs dAio uICAluIIl,
3.50a5.25; cows, good and choice, 3.50a
500 common and medium, 2.50a375;
low cutter and cutter, 1.50a2.75: bulls
Cyearlings excluded, good and choice
tbeef). 3.00a4.25; cutter to medium,
2.50a315; vealers milk fed, good and
choice, 5.00a6.5O; medium, 4,50a5 90;
Gull and common. 300a4.50; stocker
and feeder cattle steers. good and
choice, 500-1 ,050 lbs, 475a600; COM
mon and medium, 3.50a475.
Sheep, 5000; not established; bid
ding unevenly lower; strictly choice
Colorado and California Spring lambs,
bid 7.O0a7.25; best clipped lambs held
around $50; slaughter sheep and
lambs, Spring lambs. good and choice,
6.75a7.50; medium, 5.50a6.75; common,
4.00a5 80; lambs, 90 lbs. down, good
and choice. 5.00a5.65; medium, 4.00a
500; 91-100 lbs, medium to choice,
3.75a5.50; all weights. common, 300a
400; ewes. 90-150 lbs. medium to
choice, l.00a2.25; all weights, Gull and
common. 50a1 so.
Evening star., 1932-05-18

of 40 cents per
share on each of
the 256,000 shares
of present outsand-
ing stock, payable
June 80 to share
holders CT record
on June !, and
also voted a divi-
dend of 35 cents
per share on the
outstanding stock,
September 80, to
stockh o | ders of
record Septem-
Der 7.
These two dis
bursmentS, togeth-
er with the two
previous dividends
voted during the
Evening star., 1932-05-18
NEW YORK BANK STOCKS

NEW YORK, May 10 (P.-Over- the.
counter market:
Ranks
Evening star., 1932-05-18
MONEY MARKET.

NEW YORK. May Is LP).-A more
active demand for bankers acceptances
appeared today, especially from New
York. Boston and Pacific Coast sources.
Supply was described by dealers as
fairly satisfactory" The Federal Re-
serve was said to be taking small
amount of bills for foreign account.
Money rates were unchanged in dull
trading
Evening star., 1932-05-18
LINOTYPE COMPANY.
VOTES DIVIDENDS.
Total to Be Paid for Year
Amounts to SO Per
i Share.
BY EDWARD C. STONE.

Directors Of the Mergenthaler Limo
type Co., at their monthly meeting late
yesterday, after carefully considering
trade conditions and the general out
look for business, declared a dividend
Evening star., 1932-05-18
U. S. TREASURY BALANCE.
By the Associated PreNs.

by INt ASSOCIdJeu PTeSS,
Treasury receipts for May 16 were
S4,337 ,328.17; expenditures, So, ,367,-
511.69; balance, $503, ,236, ,501.51. Gus
toms duties for 16 days of May were
SO, ,228,7 ,792O6.
Evening star., 1932-05-18

Sales of Stocks New York Exchange
AA......... 100000 :2;n0 Noon. 1000
1870 P.M......... 100000 2:lO PM........ 100000
Dividend are the annual cash
latest quarterly
tPlus a. in stock Paid this
rate Payable Payable in o
Plus 2% in stock Plus 81 in
tock. Paid
n Plus 2lz'6
Evening star., 1932-05-18
SILVER QUOTATIONS.

NEW YORK, May l8 (Pl-Noon-
Silver futures dull: sales $4,000 ounces.
Nav, 1881 bid: July, 1855 bid; Sep
tember. 1880 bid; october, 29.20T; De-
cernber, $3.50 bid.
Evening star., 1932-05-18

! A copy of Or. kem-
s merer's address may
! be obtained by writing
4 to Halsey, Stuart &
!. Co.. 1921 II Street
\ NV, w a sh ] n gton,
| D. G.
Evening star., 1932-05-18
Bank Underwriting Defended.

Underwriting and distribution Of
securities by member banks Of the Fed
eral Reserve System is essential TO the
economic welfare of the United States,
the board Of governors Of the Invest
ment Bankers Association of America
asserted in a resolution unanimously
adopted yesterday at White Sulphur
Springs, according to the Associated
Press.
Experience here and abroad" the
resolution said, mas shown these func-
tions. properly safeguarded, are a vital
factor in providing for the normal and
necessary flow of capital into business
and commerce" "
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20
POLICEMEN KILL BANDIT
AT THIRD HOLDUP SCENE

the bullet striking Ingram under
the left arrnpit. At the same time
O'Mara fired a charge from his
shotgun which tore of part of In
grams face.
The bandit was dead when police
opened the car.
First trace Of Migrants activities
came shortly before $3.50, when he
held up Earl RAIDER of Plainf1elo,
attendant in a filling station at
Madison avenue and Pleasant Run
parkway, fleeing with SIS.
Half an hour later, Ingram struck
again at another station at Lynd-
hurst drive and the National road,
where he obtained $15.35 from Jo-
seph Concumas, %, attendant
Ingram, married a year and a
half, was the son Of Mr.. and Mrs.
Addison H. Ingram Of Danville,
Ind.
The young bandit was dressed IN
the height of style, and in addition
to the money he had stolen and
the empty revolver he carried a
receipt showing he had purchased
an employment agency Jan. is for
$3.50. His father said he also had
been employed as a tobacco sales
man.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20
JURY INDICTS
GARYS MAYOR
Probe Group Makes Charge
of Official Misconduct.
By United Press

By United Press
CROWN POINT, Ind, Jan. 20. -
Mayor Roswell o. johnson of Gary,
who served ten months in federal
prison at Atlanta in 1924, was in
dicted by the Lake county grand
jury today on two counts charging
malconduct in Office.
The indictments voted today
charge that Johnson used city
funds to construct a summer beach
home and to build a rock garden
at his residence in Gary.
Johnson was charged with be-
ing "unlawfully, willfully and cor
ruptly guilty of oppression, mall
conduct and misfeasance in the
discharge of his duties as mayor"
The charges were brought by Rob-
ert Estill, Lake county prosecuting
attorney, before the grand jury.
sitting here.
johnson is serving his third term
as mayor of Gary. He first was
elected in 1913 and served a COM
plete term. He was reelected in
1921, but indicted and found guilty
on charges Of heading a Gary LIQUOR
conspiracy.
He was sentenced to eighteen
months in Atlanta penitentiary and
served ten months in 1924 before
being pardoned by President Cool
idge.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20
CounSePS Question Gives
Intimation That Another
May Be Accused.
BIZ United Press

DU OHttGU ETeSS
PHOENIX, Ariz., Jan. 2O.-Attor-
neyS for Winnie Ruth Judd init
mated today they may try to cast
suspicion on some one else in the
killing of Agnes Anne Leroi, with
which a preachers frail, attractive
daughter is charged.
The hint was carried in a oues-
ton addressed to a prospective
juror by defense counsel Herman
Lewkowitz early in the second day
of Mrs. Judd's trial.
1t was objected to promptly bv
the state. Judge Howard Speaknan
ruled out the question, and Lewko-
WITT had no opportunity to develop
the angle.
Lewkowitz' question was long and
involved, but in effect it was this:
If you sit in this trial as a Juror
and evidence is produced casting a
reasonable amount of suspicion on
some one else, would you acquit this
defendant?"
State counsel shouted sharp OBJ
Jections, which were sustained
promptly.
Mrs. Judd, who also is accused OF
Staying Miss Helvig Samuelson in
the Phoenix-Los Angeles trunk
murders, appeared refreshed ano
calm as she faced the courtroom
crowds today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20

Jackson was in the office next to
his fathers in the central store of
the Standard Grocery Company,
May q, 1881, when, it is charged,
Witt and Louis E. Hamilton. en-
tered, intent on robbery.
Il heard crash, looked up, and
saw Hamilton standing in front of
me, pointing a revolver at me-" the
witness told the jury. II heard him
yell something and 1 begged him
not to shoot.
Il dropped to the floor and saw
Hamilton turn the gun on my ia
ther."
At this point the younger Jack
son gripped the witness chair, stead
led himself and continued.
MY father called, What's the
matter, son?' and stood up. AS he
did this, Hamilton jumped on to
the counter and ripped away the
wire caging.
Hamilton started shooting point
blank at my father. My father
GRABBED ais revolver and fired once
While this was going on Hamilton
was yelling, We want the money.
and I was trying to make myself
heard as told the bandit he could
have it.
The next thing 1 remember was
when my father fell to the floor.
saw Hamilton turn toward the
door, shooting all the time. Shots
were coming from every place and
Witt ran from the back of the
store. Hamilton's head was bleed
ing
LAS detectives ran into the Office
Witt shot one of them in the head
My father died the next day from
bullet wounds
Bolstered by success in prevent
ing Wits purported confession
Turn to Page Eight
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20
FEDERAL COURT TO BE
NEXT HOPE FOR STEVE

Further fight for freedom is be-
ing planned today by attorneys for
D. C. Stephenson, whose murder
conviction was affirmed in the SUI
preme court Tuesday by a vote of
three to two.
B. c. JenkineS and James Parker,
Gary attorneys, who, with Clarence
barrow. are the latest defenders of
the depoSed Khan dragon, an
nounced that they will fight the
case through the United States SUI
preme court if necessary.
just what tactics will be pursued
in getting the murder case into fed
eral court were not disclosed. The
theory has been advanced previous
ly that it could be taken into fed
eral court on the grounds that
Stephenson was deprived of his
constitutional rights through fear
which kept him from taking the
witness stand in his own defense at
the Noblesville trial.
Hope of rehearing of the case by
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20
LABOR CHIEF, DENTAL
HEAD, ASK FOR BEER

Create Law Respect" "Save Moth
ers and Children" Senate Begged.
By United Press
WASHINGTON, Jan. 2O.-Mat-
thew Vol, vice-president of the
American Federation of Labor and
president of labor's national COM
mittee for modification of the Vol
stead law, today urged legalization
OF beer before the senate commit
tee hearings on pending beer legis-
lation.
He told the committee that legal
ization of beer would reduce the
demand for hard liquor; lend the
reign of gangsterism and the COR
ruption Of public officials, and
create real respect for law"
President Martin Dewey Of the
American Dental Association plead
ed for legalized light wines and
beer lin the interest OF protecting
and nourishing the health of ex-
pectant mothers and their unborn
children"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20

Trapped in the fire of police guns,
Eugene G. Ingram, %, of Moores-
vile, Ind, was slain Tuesday night,
after be had held up three filling
stations on the south and west
sides with empty revolver.
Ingram, who lived a triple life as
employment agency operator, sales
man and bandit, was shot by Ser
geant Arthur Hueber and patrol
man Harry O'Mara Immediately aft
er he had robbed the attendant Of
a National Refining station at Six
tenth street and Kessler boule-
ward.
Hueber, O'Mara and patrolman
Albert c. Brahaum leaped from their
car as Ingram came out Of the sta
ton with $40 he had taken from
Glenn Hessler, "a, attendant, after
terrorizing HeSsler and his wife with
the unloaded revolver.
stick up your hands, buddy.
We've got you this time" Hueber
told Ingram.
Instead, the bandit leaped into
his car. AS Hueber stepped to the
running board, he started to back
away. Hueber, losing his grasp on
the car, fired through the car door,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20
LONGS CHOICE
WINS ELECTION
Allen Far Ahead in Vote for
Louisiana Governor.
By United Press

By United Press
NEW ORLEANS, Jan. 2O.-Huey
P. Longs hold on the Democratic
electorate of Louisiana appeared
clinched today, as his candidate,
Q. K. Allen, held commanding
lead in the race for nomination for
Governor, equivalent to election.
The administration candidate
doubled the vote given his two op-
ponentS, Dudley j. Lebranc and
George S. Guion.
More than three hundred pre-
cincts of the states 1,441 gave: Al
len, $4,000; Leblanc, $4,000; Guion,
10000.
The election was marked with
violence, especially in south Louisi-
ana parishes. Police used their
clubs to end election fights in New
Orleans. Voters in other localities
charged that they were forced to
ballot under the muzzle of guns,
The issue which made the cam
paign and election so bitter was
whether Long would be able to turn
over the governorship to one of his
followers while he took his seat in
the United States senate. Longs
plea for Allen was that he wanted
the good work I have started to
go on"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20
POSTAGE HIKE URGED
Three Cent Rate Is Asked
by Brown.
3H United Press

By United Press
WASHINGTON, Jan. 20.-PoSt-
master General Brown today rec
commended to the house ways and
means committee that first-class
postal rates be increased from 2 to
3 cents.
Brown estimated that such an in
crease, putting letter mail back on
the war time rates, would bring in
an additional $10O,OOO,OOO in postal
revenues.
This would relieve the hard
pressed treasury of making up that
much of the postoflce departments
usual deficit. Congress had to ap-
propriate $195 100000 for this fiscal
year to meet the postal deficit.
Brown said that if second class
rates of 1921 were effective now they
would increase revenues $5,000,00O
from that source.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20

the state supreme court also was
expressed.
Jenkines cited the failure of the
high court to dismiss the petition
for writ of error coram nobis as in
dicating that the matter is not
settled and the avenue of relief in
the state courts not finally closed.
Grant of the writ by the court
would permit introduction of new
evidence in the case.
Although the three judges affirm
ing the murder conviction handed
the case down marked Per
Curiam," the forty-Six page opinion
is thought to have been written by
Justice Curtis w. Roll. It was signed
by Justice Roll, David A. Myers and
julius c. Travis.
Dissenting opinions, which would
reverse the findings and grant
Stephenson a new trial, we're writ
ten by Justices Clarence r. Martin
and Walter E. Treanor.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20
BOWLING LESSONS
FREE FOR WOMEN

ton of Mrs. Floretta D. McCutch-
con, worlds leading woman bowler,
at the Parkway alleys, Thirty
fourth and Illinois streets; the Up
town, Forty second street and Col
lege avenue, and the Fountain
Square alleys.
ALI instruction is free and every
woman in the city is welcome to
attend, whether she is beginner
or an experienced bowler, seeking
opportunity to improve her game.
Full details of the school, with
schedule of time and place of classes
is on Page of this edition.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-20

equipment at those schools" as
serted Osler.
School No. 18 has 596 pupils, No.
20 has 492, No. As has 554, No. 81
has 858, No. 81 has 629, No. 60 has
$50 and No. 70 has BIS.
Although there is no immediate
danger" declared Wilson today,
"the tax-paying public has a right
to know in what condition our
schools are and has right to in
Sist that they be made safe. 1t is
tremendous task to overcome pub
lie apathy.
With the limited amount of
funds available during the current
year, Wilson said, these conditions
can be remedied, and other school
officials today took opportunity to
commend Osler for his accomplish
mentS in overcoming the fund
dilemma which confronts his de-
partment at every turn.