davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-11-17
PERJURY LAID
TO BANK HEADS
BY AUDITOR
Report Filed With Court
Charges Manipulation
of Funds.
CONTINUED from Page One)

the period from May II, 1881, until
May 4, 1888. when the banks af-
fairs we're in the hands of former
officials who acted as hquidating
agents. It is pointed out that:
Creditor banks. namely the In
diana National. Fletcher American
National and the Chase National of
New York, confiscated an aggregate
sum of $4,000 on deposit with them
by the Meyer Kiser bank, and ap-
piled same on the banks debts TO
them. Immediately upon the placing
of the bank in liquidation; creditor
banks then proceeded to sell and
collect on collateral pledged and
held by them as security for The
payments of such debts due them.
until they had received a total
amount Of around 100000 to apply
on such debts, throughout the
period of liquidation.
Claims Allowed, Is Charge
preferred claims have been al
lowed which are questionable as to
allowance, and most certainly
should not have been paid until the
final outcome of the banks affairs
is determined.
Bank assets we're used to lqui-
date liabilities to various creditors,
and the right to do so is question
able.
Debts owing to the bank by va
rious individuals have been offset
by accounts owing to others, and
such accounts presumably were &C
luired by assignments, and collater-
al. deposited with the bank to Sc
cure the payment of the debts, has
been surrendered.
Cash was advanced for various
purposes to collateral loans and
Florida mortgage loans, and such
advances have not been paid, and
the right to have made such adj
vanCes is questionable.
Bonds and preferred stocks we're
purchased, which still are owed, and
the rights to have acquired such
assets in exchange for cash, are
questionable.
Notes Accepted, Is Claim
Notes of realty companies were
accepted in payment for reorganiza-
ton services rendered, and such
notes are now past due and of
doubtful value; under the circum-
stances were the liquidating agents
justified in spending their time in
such employment?
Cash received amounted to $317,-
5000. and cash disbursed tota1ed
S418,57526.
The actual result of operations
during the liquidating period was
loss of $50, 1913, based on book
values of all assets now owned and
without calculation of shrinkage in
value, which apparently has &C.
Cured in a large amount, but only
can be determined by sales or ap-
praisal The above determined Oper-
ating result includes a large amount
of routine income, which had con-
tinued from the banks active oper-
ationS, and the amount of the same
is difficult to calculate. but it may
be stated that if such continuing
income had not been received, the
operating loss would have been
much larger.
Cite Salaries Paid
Large amunts we're paid out for
salaries, wages, commissions and
other expenses, the total of which
was S196,19135.
Offsets of loans and debts ow-
ing to the bank. against liabilities
of the bank to depoSitors and others,
have been made in a total amount
of S84,695.63
The total assets have been de-
creased 1895 ,02390. and the total
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-11-17

have been warranted, and there
does not seem to have been another
examination until nine months la
ter the auditors report alleges.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-11-17
pxcE7
-NOv. IA. 1888

for the murder of Lafayette A.
Jackson. indianapolis chain store
owner, was granted a stay of execu-
ton until Dec % by the Indiana SUI
preme court yesterday.
The stay was given to permit at
torneys for Hamilton to file briefs
in his appeal
Petitions for clemency are being
circulated by relatives for Charles
Vernon Witt. Hamilton's alleged
accompice. whose appeal has been
turned down by the high court.
Witt is doomed to die next Fri
day. unless executive clemency is
granted.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-11-17

Experts have found that feathers
placed between double walls of air
plane cabins are very helpful in
absorbing the sound of the engines.
Evening star., 1933-11-16
HOG MARKET NEARS
COMPLETE TIE.UP
Practically No Bids Noticed for
Any Kind as Strike" Con-
tinues at Chicago.
BY the Associated Press

By the Associated Press.
CHICAGO, November 16.-The hog
market almost completely ceased opera
tions today. Receipts far surpassed ad-
vance estimates and with best offerings
held at $3.50, there were practically no
bids for any kind of hogs noted.
The major packers had 10000 hogs
shipped in on direct billing from coun-
try points and other markets and their
buyers paid scant attention to the open
market supply.
Receipts of 10000 contrasted with
expected arrivals of 10000 head and
were swelled by 10000 prime hogs un-
sold Tuesday and Wednesday. Sellers
today started their second week on
strike" against lower prices for hogs
and merely reiterated their demands
for $3.50. The packers. against whom
the strike" has been waged, were well
content with their direct shipments and
the situation remained at a stalemate.
Receipts at some of the principal out
side markets, especially at Western
markets. were far heavier than either
week or a year ago and there were
indications that the Chicago strike"
might spread to other centers Trade
was slow at most points and at stand
still at few with higher prices asked.
Evening star., 1933-11-16
NEW YORK BANK STOCKS
ounter market
TRUST COMPANIES.
SILVER QUOTATIONS.
RepoIted by chas. D. Barney & Coz

NEW YORK, November 16 (Pl.-Bar
silver st!ady, Z higher at As.
Evening star., 1933-11-16
Chicago Grain
BY the Associated Press.

By the Associated Press.
CHICAGO, November 16.-Advancing
prices Of wheat lifted the market late
today to a point where wheat from
Argentina approached an import basis
into the United States
Possibility of Argentine imports of
wheat, however. was considered negn-
gible, as the Argentine quality of wheat
is worth at least cents a bushel less
than United States grades, not to men,
ton freight charges to domestic mill
ing centers. Higher quotations on
wheat at Liverpool had a strengthening
influence, and SO, too, did the fact that
the domestic movement of wheat from
rural sources was below consumer
needs.
Wheat closed strong, 194a2h above
yesterdays finish; corn, lha15a up,
oats, 12a1 4 advanced, and provisions
unchanged to a decline of 2 cents
Evening star., 1933-11-16
New York Cotton
BY the Associated Press.

By the Associated Press
NEW YORK, November 16.-Buying
promoted by the further decline in the
dollar and absence of important SELL
ing pressure from the South brought
rallies from a slight opening decline
in cotton today. Demand was encour-
aged by the action of the wheat and
stock markets, while except for further
December liquidation offerings were
comparatively light. December sold up
from !0.O2 TO lO.11 and May from 10 SO
70 lO.4f, and the mid-afternoon market
was steady at net advances of 8 to 5
points.
Evening star., 1933-11-16
CHICAGO PRODUCE.

CHICAGO, November 10 LE9.-Butter, H.
467; steady, Creamery-Specials 1913 scorej.
S9o-eD. 2os4a211a; firsts GSs-sol. 1sha
20 cent2aized cariotsl ai Eggs, ia5o6
f1rm, prices UNCHANGED.
Poultry, live, one car. As trucks; easy.
Hens, 4i2 pounds UP, 10. under 4 "a pounds,
8: Leghorn hens, z; Rock SPRINGS, 0lsa10
eolored, 8; Leghorn chickens, 2; young
hen turkeys. IL; young toms, IL: old toms.
10 No. 2, s; young and old ducks, 7aS
young and old geese, 8; roosters, z.
Dressed turkeys. steady, prices UNCHANGED.
Potatoes, S4 track, 2S6; total u. S.
shipments. 7a2; supplies liberal; practically
no .&sdinR account of cold weather. opera
tarsi hot opening cars, market nominaliy
ClegFnsed
Evening star., 1933-11-16
U. S. TREASURY POSITION,
BY the Associated Press

The position of the Treasury November
~ was: receipts, Sl6,7S4,l7S. expendi-
lures; ne 81 .S42,S32. 7S; balance $1,000 647.
stQ55.3S q55. customs receipts for the month.
Receipts for the fiscal year tsince July
y were S1.07l. 7o0. .607 40: expenditures
SSd;62s' SaS 's95 96o15. including S543. 3.095,-
loo.04 emergency expenditures; excess OF
expenditures S6Ss,0 ,096 PCS ~.
Receipts for Noyember Ia, 1899 (com-
parable date last year,. S4.65a 72I77 ex-
pend1tures, SS6S1 ,SS4 90: net balance
So65i i6s447o.4S; customs receipts for the
Receipts for fiscal year, S621 ,S3l ,3S5 10:
expenditures, S1325. .p3l IA 90; excess OF
expenditures over receipts. $704 / lOO,3s9 al
exclusive OF S37S,176,SS0 S3 expended for
the Reconstruction Finance Corporation.
Evening star., 1933-11-16
LONDON BANK CHANGES.

LONDON. November 10 LP-The weekly
statement OF the Bank of England shows
serves increased 4.199, 900; circulation de
creased 1920. 900; bullion decreased $1,000;
other securities increased 632 900; public
deposits decreased s6.5 5000: other deposits
increased 9.696 Bd8s notes reserve increased
4 229. .0oNs government securities decreased
1925. GOO
The proportion Of CHE banks reserve TO
liability Is 81 20 nerNcent. compared with
Rase Of discount. per cent.
Evening star., 1933-11-16
Cash Grain Market.

Wheat, No. 2, hard. 901s No. /, mix
ed, 90k. Corn, No. 3, mixed, AN; No.
2. yellow, 48a49K4; No. 3. yellow, Ala
471a. New corn. No. 3, mixed, 4434;
No. 2, yellow, 46a47l5 No. 8. yellow,
4434a46: No. 2. white. 47IIs: No. 8, white.
45Ha46. New and old corn, No. 2, yell
low, 46a471a. Oats, No. 2, white, 35a
361a; No. 3. white. 35a3534. No rye.
Barley 45a73 Timothy seed 5.5oa6 90
cwt. Clover seed. l050a13.50, cwt.
Evening star., 1933-11-16
Commodities Strong.

Commodities were strong with stocks
today. Wheat closed rs to 2ls cents
a bushel higher. All the other grains
were up more or less. Speculative
demand appeared in the cotton market
late in the day, advancing quotations
some 10 points. The silver and rubber
markets fuctuated rapidly but closed
higher.
The Washington times., 1933-01-18

School, "a to % at Alexandria
and George Washington out
scored western, 80 to 30 at
George Washington.
Georgetown Prep had to play
without the services of Allen and
Stewart, regulars, but crashed
through with a triumph anyhow.
It was the teams eighth
straight and eleventh victory Of
the season. Keating was high
scorer with IL points.
Barney Kane's scoring proved
too much for Western in that
teams game against George Wash
ington FroSh. The former East
ern High star counted seven baS-
kets and four fouls for 18 points.
Cliff, Of Alexandria High, was the
top scorer in the st. John's-Alex
encounter.
The Washington times., 1933-01-18
SCHOOL CUNTS
IN ) GAMES

Five games are on the scholastic
basketball schedule for today.
Tech meets an old rival, Episcopal
High, in the feature in a game at
the Tech gymnasium at $3.50
o'clock.
Eastern entertains the George
Washington Freshmen at East
ern, same hour, in the co-feature.
Other games list Gonzaga against
Roosevelt at Roosevelt, Emerson
against Bethesda Chevy Chase at
Bethesda, and Central against
WaShington-Lee High, Of Ballston,
Va, at Central, starting hours
for each game, $3.50 o'clock.
Georgetown Prep was the only
local five which could shove over
a victory in games yesterday. The
Garrett Parkers defeated Friends
The Washington times., 1933-01-18
EAGLES
SCORE WINS

Another group Of Catholic Uni
verSity athletes, members Of the
Cardinal basketball team, today
had joined the parade Of c. U. let
ter men who have made it tradi-
tional to win over foemen favored
to defeat the Cardinals.
Last night, in c. us gym, the
Card quint, coached by "Fod" Cot
ton. won an exciting contest from
Loyola. of Baltimore, IS to 20.
BUS" Sheary showed the way
for his mates in the victory. which
came as a distinct surprise, as the
Cardinals were listed for defeat IN
pregame dope.
Sheary managed to net four
field goals in the first half Of the
game and three in the second half
Once again Coach Cotton relied
on five men to win a basketball
game. Sheary, Augusterfer,
Gearty, Rosenfield and White
played the entire contest for c. U.
Carlin, of Loyola, lacking the
classy support given Sheary by
the latter'S mates, played a bang
up game scoring a total Of IA
points to Is for Sheary.
While c. U. was registering its
victory over Loyola, American
UniverSitys Eagles were taking
Bridgewater's boys for a ride to
the tune of q to %. The Eagles
rushed into an early lead,
amassing a 10 to 2 advantage in
the first half. During the second
half, American U. just breezed.
American U. utilized II players
in registering the win. Jack
Williams and Pietz topped Amer
ican in scoring, with six points
each, while Dutton, of the visitors,
also managed to score six points.
- It was American University'S
third straight victory in the Vir-
ginia intercollegiate Conference.
The Washington times., 1933-01-18
L D. c. RIFLE
STARS QUALIFY

Eleven junior rifle shooters Of
the District Of Columbia, includ-
ing one girl, were among the
young shots of the country who
won distinction by their marks
manship during 1882, four of
them qualifying as distinguished
riflemen and seven as expert rifle.
men, according to the annual re-
port of the junior division of the
National Rifle Association.
Qualifying as dis tinguished
rifleman, the highest grade Of
shooting proficiency, were Miss
Louise Tittman, 1718 Connecticut
Ave-; willard Jensen, 2805 Myrtle
Ave. N. E.; Howard Beach, 727
K st. N. E., and Edwin Staubus,
Anacostia.
The seven who qualified as ex-
perts, the second highest grade,
were: William H. Bailey, 2405
Twelfth st. N. E.: Samuel Gle
ments, 512 B st. N. E.; Edward
Lord, 631 Fourteenth st. N. E.;
Leon MacGill, 24O Tenth st. n.
E.; B. B. McMahan, 424 Eleventh
st. N. E.; Stockton Strong, 31S1
Porter st. N. w., and Jack Young,
of Mckinley High School.
In addition, three boys OF
Chevy Chase qualified as experts:
Neil Moon, los Woodbine; Blu
ford Muir, 1O8 Woodbine, and
Robert Starkey, II East Irving
st.
During the year, 38,750 junior
shooters qualified in all grades
of shooting proficiency from the
beginning grade Of pro-marksman
to the highest grade of distin-
guished rifleman. OF this num-
Der, only SO succeeded in obtain
ing the distinguished decoration
and only 377 earned the expert
rating, the second highest grade.
The Washington times., 1933-01-18
.UNBEATENF|vES
To BATTLE

UNIVERSITY, Va, Jan. 18.-
Virginia's basketball team must
meet the quints of the other
three State members Of the
Southern Conference one after
the other, and all will be played
away from home.
The Cavaliers go to Lexington
tonight to play v. M. I. Then
come two contests in Lynchburg's
new armory against Washington
and Lee on Saturday, January 81
and against V. P. I. on Friday,
January q.
Two undefeated teams clash
when Cadets and Cavaliers con-
test on the court tomorrow eve
ming, and in games played so far
team records indicate that the
strength of the rival fives is just
about even. Virginia downed Gal
laudet, ~ to IL; v. M. I. won
from the same team, Al to 10.
The Washington times., 1933-01-18
Heights DiGnlOnders
In Banquet TOnight

The Columbia Heights Business
Mems Association will honor its
baseball team tonight at a ban
quet, at $50 p. m. Gold baseballs
will be awarded to Earl Bowman,
Ed Colliflower. Mel Brother"
Harding, A. WellenS, Dick Nelson,
Dick Wingate. Jake Lewis, Harry
Wiltshires. Abbie Clark, Smoky
Coulter, L. Crump, Tubby Ault.
Benny Spigel, Augie Tomagai, AL
Fratantuono, Spud Coleman, Red"
Rhodes and Bob Pollen.
The Washington times., 1933-01-18
v. VA. BOWLERS
SEEK D. C.FOE

Martinsburg (W. Va) duckpin
All-StarS are anxious to roll a
crack District aggregation.
Recently they crushed the
Hagerstown All-StarS, 1924 to
1883, with Kees drubbing the
NAPLES for a $40 set. The day
previous they showed Front Royal
under, 1851 to 2,642.
Claude CaSkey, who rolled on
the famed MartinSburg teams
that used to meet the Capitals
best, 10 years ago, is captain OF
the team He can be reached at
Palace bowling alleys, Martins
burg, w. Va.
Ollie Pacini chalked up his
sixth 400" of the season last
night when he registered a 400
with the st. Peter. in the Holy
Name Society. His games were
$50, 1873 and 1877. He rolled 43O
last week in this loop. Ollie has
three "400's" in the Temple
League and one in the District.
Hokie Smith has arranged a
three-game sweepstakes at King
Pin for tonight with an entry in
the Campbell sweepstakes as first
prize. The entry fee is 50. and
all local bowlerS are eligible.
The RoSSlyn representatives in
the Virginia State tournament
handed in fine scores. Jenkins
had a 1903 all-event total and
his 399, coupled with Spillman's
342, gained second money in the
doubles. Summaries:
The Washington times., 1933-01-18
HOME FIGHTERS
GIVE THRILLS

Hometown boys supplied fistic
fans with their best dish-thrills
and thunder at Portner's Arena,
in Alexandria, Va, and the Gus
toners left the scene in a happy
frame Of mind.
Outstanding on the program Of
bouts that was alive with action
were the victories scored by Leroy
Dougan and Roddy Davis. OF
course, Dougan isn't local
product. He is a middleweight
from Arkansas and he grabbed q
close Six.round decision from
Izzy Caplan, of Baltimore. It was
the most spirited bout of the
evening.
Davis, essaying a comeback,
gained the nod over Angelo
Nicola, rugged Baltimore light
weight, in another six-rounder.
The Eastern High lad showed
great ring generalship through
out.
Ray Bowen, welter and the
most Skillful boxer in the local
ranks, gave Lloyd Phelps, brother
Of Owen Cowboy" Phelps, a neat
trimming in a six-rounder. Phelps
nearly clocked Bowen in the first
heat, but the local boy had his
rival reeling from hard blows in
the closing rounds.
Walter Kirkwood and Henry
Irving, middleweights, fought a
furious six-round draw; Jimmy
Tramberia, Baltimore lightweight,
all but slaughtered Billy Eschin-
ger, local boy, in six rounds, while
Tommy Horn, Baltimore feather
weight, outpointed Joe Doty, this
city, in the opening bout of four
rounds.
The Washington times., 1933-01-18
Every man who smokes
cigars should read
this statement

Warning Price reductions are
the order of the day. Many cigars
are being offered the public at mere
fractions of their former selling
price. But, in many cases, price re-
ductions were made because value
at the higher price was not appar-
ent to the smoker.
This is not the case tUith the BGyuk
Philadelphia PerfectO. Millions were
sold during the past few months at
The Washington times., 1933-01-18

But if you want the word today
of a man who not only ought to
know but does, Ruth, by his own
admission, has never had a salary
argument with the New York
Yankees, though the years have
resounded to acrimony and words
by the hundreds have told and
retold the story with a sob in
every syllable.
Not a great deal is definitely
known of the situation this time
and what little there may be is
not without mystery.
Ruth himself made the an
nouncement of the contract figure
late yesterday. He never did that
before. In addition, the testi-
mony is that he returned the
scorned document on Monday
night. Twelve hours later, Lou
Gehrig hadn't even received his
and didn't until last night. In
other words, did Ruth miss the
sign and start running ahead Of
the play?
Gehrig Silent
Gehrig would not say whether
the terms were satisfactory, but
in a case like that silence is liable
to be noisy with unspoken ora
tory.
AS for Ruth, it is admitted that
one doesn't have to engage in a
conspiracy to have ones salary
cut nowadays, so it may well be
that his revision Is actual and
his anger genuine.
Still, it's interesting to learn
that we wasted a lot Of profound
advice and meditation over Mr..
Ruth'S problem back in 1927, for
I learn now that when we an
nounced on that occasion that
he had rushed back from the
Coast to accept $4,000 we were
in slight error. He had, it
seemed, accepted the $4,000 be-
fore he left for the Coast.
It seems, too, that we could very
well have kept away from Florida
in 1880, when he signed for $780,
900. In fact, it appears that Mr..
Ruth himself could have kept
away from Florida. The details,
am informed, were decided upon
weeks before in New. York while
most of us were losing all self-con-
troll over the outcome of the bitter
controversy.
Same Routine?
Much the same routine was OBJ
served last year, they say. So it
appears possible that the gentle
men, having found us a credulous
lot before, have seen no reason to
change their opinion in the mean
time. However, the chances are
just as good that this one is the
old Five-Star Mccoy.
For, as one observer said last
night, it's getting so nowadays that
even a ball player isn't worth
more than $4,000.
The Washington times., 1933-01-18
Princeton CrHsheS
Columbia PUSSers

PRINCETON. N. j., Jan. 1S.-
Princeton crushed Columbia. 40 to
90, in an Eastern intercollegiate
Basketball League game last night.
Defeated in their first league
game, the Tigers staged a sensa-
tional comeback by completely out
playing the New YorkerS. Prince
ton and Columbia are tied for
third place, with Dartmouth Sec
ond and the undefeated Penn five
on top.
The Washington times., 1933-01-18
HyGttsUiLLe TOSSers
Defeat AnnnpOLiS

Hyattsville High basketers de.
feated Annapolis High in a thriller
yesterday at Hyattsville when
Jack Cain, forward, sank two sen.
sational shots in the last 80 Sec
onds of play to put his team
ahead.
1t was Hyattsville's second tri-
umph over Annapolis this season
while it also marked the third
straight triumph for the Mary.
landerS,
The Washington times., 1933-01-18
MT. PLEASANT
TEAM WINS
THIRD FRAY
BY GARRETT WATERS

By GARRETT WATERS
Looks as if there will be no
stopping Coach Coggins' Central
High School five in the current
inter.high basketball series. The
Mt. Pleasanters won again yes
terday, As to 81, despite gallant
efforts by Coach Lynn Wood
worth's Roosevelt Rough Riders,
and as q result the team Of Bill
Burke, Carol Shore, Jack Moul-
; ton, Ollie Upton and Buddy Nau
finds itself in q commanding posi-
ton today to take championship
honors in the race.
Central'S triumph yesterday
ended in another Of those one
sided scores. However, the actual
figures do not begin to tell what
Q whale Of q battle those RooSe-
velt tosSers put up in their efforts
toward trying to stop their op-
ponents.
The ultimate beating taken by
Roosevelt can be put down as
failure to keep pace with the
speedy CentraliteS. To be sure.
Coach Coggins' men possess that
certain stamina. the like of which
has seldom been seen in past high
school campaigns. It was this
stamina and endurance that won
for the northwest boys yesterday,
as Roosevelt surely uncorked an
exhibition Of pace-to-pace basket
ball during the first half that kept
the result in doubt most Of the
time.
Shouts Become Less
But the shouting was over
shortly after the start of the sec
ond act when Coach Woodworth'S
Roosevelt dependableS were worn
down to almost a walk. However,
while the pace-to-pace brand of
play lasted, it was entertaining
and exciting basketball, and it Of
fered the capacity crowd a full
day Of thrills, such as has seldom
been the case in preceding double
headers.
The first engagement of the
day between Tech and Eastern
developed into one Of the best
thrillerS in moons. Eastern finally
won the fracas, 81 to 20, but not
after everybory's breath was made
to come in gaSpS.
The two teams began by play
ing through 6-to-6 first quarter.
Eastern spurted during the next
10 minutes and took a 17-to-l0
lead at the half. Furious battling
found the Lincoln Parkers still on
the top end of 22-to-16 score at
the end of the third quarter. In
the final quarter the going be-
came more palpitating than ever.
Tech Nears Tie
Tech. with Daley, Nau, Wheeler
and Thomas punching the rims
for timely points. came within one
point of tieing Eastern, % to q,
in the last two minutes Of play.
Eastern retaliated by showing over
the points which gave them their
margin Of victory. Edelen'S foul
toss and PeruSso's basket turning
the trick.
Al Waters performed in high
class fashion to actually lead the
Lincoln ParkerS to their triumph.
The lad was all over the floor,
breaking up this play or passing
to a teammate, finding time all
the while to lead both teams in
the scoring with 10 points.
In the Central Roosevelt game,
Bill Burke was a star player. as
was Carroll Shore. Buddy Nau and
Ollie Upton. Rube Hayman, Joe
Sherman, Bob Grimm and Billy
Harris scored timely points for
Roosevelt during the early stages
of that teams gallant but losing
fight to stop the Mount Pleasant
erS.