davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
THE insurance chief would seer

THE insurance chief would seem
l. to be giving much more con-
sideration to certificate holders and
creditors of the mortgage companies
in the administration of their affairs
than he is giving to property owners
affected by these mortgages. This
probably is as it should be under
the circumstances, but it would APP
pear that property owners also are
entitled to an opportunity to work
out their problems, and that if Mr.
Van Schaick is not in position to
look after their interests another
state bureau should be set up for
that purpose.
It seems hardly fair that a state
official, supported by a well-trained
legal staff, should pit his ability
again. those Of private individuals,
who pay taxes to help support his
department, when the results Of his
efforts stand to benefit another
group of individuals.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
BY WILLIAM PHILIP SINIMS
Scripps-HoWard Foreign Editor

WASHINGTON, Oct Cit is estimated that American
farms and factories losing $2OOOOOOO month during
these the most critical times in their history through the
sdetrackng of Sovet-American trade negotiations here
Translated into jobs this that upward of $4,000
futme workers could be employed creating commodities for
shipment the Soviet Union if the United States and Russia
could come TO terms
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
Treasury Statement
BY United Press,

WASHINGTON. Oct Government ex-
renses and receipts for the current fiscal
year 20 Oct. 4 compared with the CORE
Spohoinc period OF the previous fiscal
wear.
This Year. Last Year
ENpeNSeS 81 a9l.Sl5, e46.34 S9sS s53. 776 Al
receipts LOGS. 9S9. 6549S 759. 032. l02 IS
Ienclt ..-- ollSl5. 99l Al 226. 92l. 673 IS
Cash bal. 2is4 SOS 1882 ..-......
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
STOCKS MOVE
IRREGULA RLY;
VOLUME LIGHT
Few Issues Make Good
Gains but General List
Loses Snap.
MARKETS AT A GLANCE

MARKETS AT A GLANCE
Stocks irregular in dull trading.
Bonds steady; speculative issues
firm.
Curb stocks steady in narrow
range.
Chicago stocks quiet and mixed.
Dollar firm in major currencies.
Wheat up - cent to off u cent;
corn unchanged to off Is cent; oats
ease.
Cotton steady around previous
.clOsing levels.
Rubbers up s to Il points.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
Retail Coal Prices

The following prices represent quotations
from leading Indianapolis coal dealers
A ascent carving charge Der ton viii be
added.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
BY ELMER c. WALLER


NEW YORK, oct. 6.-Stock;
moved irregularly in narrow range
with volume light on the stock ex-
change today.
A few issues made good gains fol
special reasons but the general list
lost its snap of the previous session
and most shares held within a one
point area. Much of yesterdays
rise was attributed to short cover
ing. The short interest in the main
list is small and hence covering is
insufficient to set off a real rally.
General cigar issues were bid up
10 new highs, the common at 523s
up 23s, and the preferred 40, up D
The companys directors today de-
clared two extra dividends of So
each and two regular dividends OF
81 each, though earnings for the
first eight months of 1884 amounted
to only s270. The payments were
to be made out of accumulated
earnings, directors said.
California issues Higher
California issues were higher in
the early trading and held gains in
several instances. Pressure has re-
Taxed as traders are revising their
Mons on the possible election tc
California governorShip of Up
Sinclair. The betting still favorS
lclair but his ability to institute
DOlicies ie questioned
Sugar issues were higher, led by
q lerican Sugar Refining. Rails
leraIly were slightly lower. Mer-
-81tile issues met profit-taking but
SEA ses were small. Motors, utilities
tiles, and farm equipments
oped back. Gold mining issues
re firm.
Radio preferred A stock made a
rgw high for the year at Al, up
3. Buying was said to be for in
tment on the hope better earn
KS would lead to restoration of a
idend in the near future.
Silver issues were firm but dull
United States Smelling reached
3i2, up IA. Others gained frac-
onally.
Steel Shares Slip
Word from Washington that the
-0Vernment planned to continue its
eign silver purchases until the
TONS silver horde reached a
ell the value of which would be
e-third that of gold holdings was
Ken to indicate a good market for
nerican silver for some time to
ne, and reports again were circu-
ed the price paid by the treas
y for domestic silver would be
b lsed.
Steele shares slipped back toward
close, but there was no partlc-
ar pressure on the group. SteeI
erations in the youngstown dis
ct we're set at 26 per cent of ca
city for the beginning of next
Eek. a decline of 3 points from
present rate. but a gain to sc
cent was looked for by the END
the week. Steel ingot produc-
ton in September was reported by
the American Iron and Steel Insti-
tute at the smallest total since
March, 1888.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06

Home owners Loan Corp
IS May /, 1952-5l ........... 1924 81
As July /, 1851 .......... 1928 97.4
1Federal Farm Mortgage cOppporatiSEGnm2o
IS Mar CHI l. 1924 ...... 1924 81
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06

TN veiw of the efficient manner in
l. which difficult situations are be-
ing worked out, and in view of the
gradual improvement which seems
to be taking place in real estate
conditions, it would occasion no
great surprise if creditors and GER
tificate holders Of the big guaran-
teed mortgage companies were to
come out much better than most of
them expect. It would seem the
part of wisdom, therefore, for GER
tif1cate holders to sit tight with
their securities.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06

Local Wagon Wheat
City grain elevators are paying IS cents
for No. soft red wheat. other grades
on their merits.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
American Industry Suffers Great
Loss Through StaIemate in Trade
Negotiations With Soviet Republic
Russia Ready to Place Billion Dollar Order as Soon as
She Receives Credit Facilities From U. S., Unions
Foreign CommiSar Says.

Editors NOeThs is the last of three articles
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
Il. S. Bonds
(By United Press

NEW YORK Oct. 6.-Closng Liberty
Bonds. (Descimals represent thirty-sec-
ondsl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06

Latest Stock, Bond and
Commodity Quotations
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
Money and Exchange
FOREIGN EXCHANGE

lBv Abbott. Proctor & Painel
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06

ONE of the most important de-
~ velopmentS which have taken
place has been the creation of sub
Sidairy companies to take over such
parts of the old companies business
as could be prof1tably salvaged, such
as mortgage service and title guarn-
tees. Stock in these subsidiaries is
held in total by Mr.. Van Schaick for
the benefit of creditors and certifl-
cate holders of the parent concerns.
After the segregation of the good
from the bad has been completed
and other wrinkles have been ironed
out it is assumed that most if not
all Of the old companies will be
liquidated. The new subsidiaries, in
all probability, will be sold to pri-
vate individuals and should bring
much more as going concerns than
as parts of companies under liquida-
ton. The proceeds could then be
turned over to creditors and certif1-
cate holders.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06

DoNEsTIc RErAu PRICES
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06

have had their hands full, and the
fact that they are now able to re-
port progress is encouraging.
For the last year or more mort
gage certificates have been passing
rapidly into the hands of "chiSelers, P"
who have taken advantage of the
impotence and encouragement of
the original owners. This movement
has been due in large measure to
the lack of information furnished
such holders. So much confusion
existed in the corporate affairs of
the concerns that Mr.. Van Schaick
was unable even to make reaSsuring
statements.
The Waterbury Democrat., 1934-01-22
JOINT CAMPAIGN !.
TO OPEN MONDAY
Boy and Girl Scouts to
Conduct Drive to Raise
$4,000

Twenty teams, with ten on each
team, vii conduct the Joint hnan-
cial campaign of Boy and Girl
Scouts which begins next Monday.
The complete committees have been
announced by J. Warren Epson ana
Mrs John H. Foster, joint chair.
men of the drive.
The sum of $4,000, 10 sought for
Boy and Girl Scout activities in
1884. Simultaneous campaigns will
be conducted in outlying towns Of
the Waterbury district.
Leaders Of the various patrol
teams will meet at scout headquar-
ters in the Brown building at 500
o'clock this afternoon to complete
plans for the annual campaign.
Two divisions of campaign troops
are organized, consisting of CAM
paign troop /, Of which Dutton
.oble Is captain, and Miss Marcel
la Corcoran is lieutenant. Their
patrol leaders are: Patrol 1, Miss
Victoria Liebreich; patrol 2, Miss
Charlotte e. Henry; patrol 3, Miss
Helen Carr; patrol 4, Miss Eta
Bavier; patrol s, Carleton G. Cha
pin; patrol 8, John M. Burial;
patrol 7, Earle Fl. Blanchard;
patrol 8, Walter Jarvis; patrol 10,
Hennick.
Campaign troop 2, John M. Bur-
rail-, captain, and Mrs John AL
len Coe, Jr., lieutenant. Their pa
troll leaders are:
Patrol /, Mrs Arthur Purinton;
patrol 2, Mrs Richard G. Fisher;
patrol 3, Rhoda Chatfield; patrol
4, Florence Turnbull; patrol 8.
Harry 8. Hyde; patrol 9, Clarence
patrol 8, Henry w. Wild;
patrol 8, Fred s. Smith; patrol 10,
Layton e. Rose.
The Waterbury Democrat., 1934-01-22
One CONVICT IS
CAPTURED BUT
KEEPS SILENCE
Charles Clifton Macarthur
Was Dressed in Prison
Suit When Arrested

Lansing. Kan. Jan 22.-(UP)-
Charles Clifton Macarthur, 20,
one of seven convicts who escaped
over the walls Of the state peni-
Tertiary Friday, was back in the
prison to-day. Macarthur, also
known as Claude Newton of truth
serum" fame, was captured in
Kansas City, Mo. block from po-
lice headquarters. Still dressed
in prison clothing, he though he
would be safe after crossing the
Kansas Missouri line.
Search for the remaining six
fe1ons who mounted the wall on q
home made ladder and escaped
through Intellectual gunfire of
guards continued. No definite
trace of their whereabouts had
been reported since two of them,
believed to DO Bob Brady and Jim
Clark, released Lewis Dresser in
Oklahoma Saturday morning. Ores
ser was kidnapped for the use of his
automobiIe, returned to him near
Bartlesville, Okla, when the con-
yicts Joined confederates.
Macarthur offered no resistance.
He was lame, from fracture Of a
small bone Of his right leg when
he dropped from the penitentiary
wall. He was in the prison hospi-
tai to-day, sullen and saying little
of the escape plot. He refused
to say where he got $3.50 he had
in his pockets. He denied that
BRADY led the break, but would not
say who did. A loose sweater
HE wore had been pierced six times
by guards bullets. but he was I'M
scathed. He said his companions
left him near the prison. as he
could not keep up with them.
The Waterbury Democrat., 1934-01-22
HARRY ANTONVICH
SENT TONORWICH
Man Who Tried to Commit
Suicide Adjudged Men
tally Unbalanced

Having been adjudged mentally
unbalanced by physicians, Harry
Antonuch, 40, Of S07 North Main
street, who attempted 70 commit
suicide by slashing his throat in
three places last Friday morning,
was Transferred to-day from st
Mary's hospital to the state hospi-
tai at Middletown.
Antonvich was found in the hall
way Of his boarding house bleed
ing from self-infiicted wounds
about the throat. When he became
conscious he claimed that he had
been attacked by two men in his
room, but an investigation conduct
ed by Lieutenant william Pollard
revealed the fact that he had been
seen walking down Vine street with
a bag tied around his neck. The
trail was easily followed by blood
stains. There was no indications OF
a struggle in his room.
The police are Of the opinion that
Antonvich after roaming the
streets most of the night sIashed
his throat and then walked home,
coilapsing in the hallway Of his
boarding house.
The Waterbury Democrat., 1934-01-22
TWO CANCSTERS
PROPOSE TO DIE
Harvey Bailey and Albert
Bates Are to Starve
Themselves

Fort Leavenworth, Kan, Jan.
22-(UP)-Harvey Bailey and AL
bert Bates, serving life sentences
70 rthe Charles +. Urschel kidnap-
ing, today weighed death by self
starvation against the prospect Of
a lifetime in solitary confinement.
An alternative was to reveal to
government authorities the hiding
place of 100000 Of the 100000
Urschel ransom.
Bailey and Bates have refused
food TO rmore than 15 days. They
sent word to the warden that they
intended to starve themselves to
death, rather than endure solitary
confinement.
The punishment was ordered by
Joseph b. Keenen special assist
ant u. q. encouragement who d.
rected prosecution of the pair, un-
til they reveal the disposition OF
the money.
The warden reported their plan
to superiors in Washington, but
of justice officials were
only mildly interested.
The solitary confinement order
intimated that II Bailey and Bates
preferred to starve to death, no
effort would be made to prevent
The Waterbury Democrat., 1934-01-22
FRENCH SCANDAL
FIGHTS GO ON

Paris, Jan 22-(UP)-Parlia-
mentary brawling over the Stavisky
scandal, which almost resulted In
several duels last week, shifted to-
day to the corridors of the Palace
Of Justice.
The law building was in an up
roar over a fist fight between q
young lawyer, M. LHermite and
Deputy Andre Hese, who was the
stor mcenter Of the incidents in
parliament because he was Stavi-
sky's lawyer.
L'Hermite, seeing Hesse CARRIED
in a lawyers robe, accosted him
with: How dare you show your
self here?"
Hesse responded with his fist.
Both lawyers rolled on the floor,
pummeling one another. Hesse's
robe was almost torn off. Both
were taken before the president Of
the bar for repr1mand.
The Waterbury Democrat., 1934-01-22
POST OFFICE HEARS.
FROM WASHINGTON
Notified to Warn Public
About Sending Money
TO Guatemala

Postal authorities at Washing
ton have requested Postmaster
James r. Kelley to remind the pub
lie once more of the regulation pro-
hibiting the sending of cash, and
checks to the country of Gaute-
mala. Mail containing money or
checks for transmission is invari-
ably confiscated on arrival in Gaute-
mala.
Further changes in international
money quotations have made it
necessary to change the conversion
rates for money orders to several
countries. The rate for France and
Tunis is now six and q half cents
for the franc. The Spanish peseta
is now quoted at 10 and a half
cents.
The Waterbury Democrat., 1934-01-22
ST MARY'S CLUB
PLANS STYLE SHOW
Card Party Also Scheduled
for Tomorrow Night
at Church

Under the auspices Of st Mary's
Girls club and the Rosary Con-
fraternity of the church of the Inn
macuIate Conception q card party
with fashion show as an added
attraction will be staged to-mor-
row evening. Both societies have
spent several weeks planning this
interesting combination Of events,
which is expected to attract hum
dreds to the basement OF the Inn
maculate Conception church.
Bridge, whist, runmy and other
games will be played. The fashion
show will present to the audience
a number OF live models who will
display the latest modes for women
They will promenade along q ID.
foot runway upon which will be
centered spotlfghts 90 that the coli
or, the design and other features
of the latest in nilady's finery will
be shown.
Following the fashion show. q
card party luncheon will be served.
The dual attraction IL being
staged for the benefit Of the church
of the Immaculate Conception.
The Waterbury Democrat., 1934-01-22
John Jacob Aston Was Left
Almost Waiting At Church

New York, Jan 22.-(UP)-
Blue blooded society discussed with
amazement to-day the sudden can
collation. of an engagement which
left John Jacob Astor, a member
of the Astors, practically waiting
at the church for his bride.
Miss Helen S. s. Gillespie, one
of this seasons debutantes, an
nounced through her parents, Mr.
and Mrs Lawrence Lewis Glleipse,
that her engagement to Aston was
cancelled. No reason was given.
The wedding was to have taken
place in two weeks and plans were
so far advanced that ushers and
brides attendants had been select
ed.
A check of the prospective ush-
ers and attendants. revealed that
not one had been notified their SER
vices would not be required. They
frankly refused to believe. One
debutante had seen Miss Gillepsle
only the day before and she talked
Of nothing but the wedding"
Few American families have
either money or position to equal
the Astors and the Gillepsies.
Young Astor came into possession
of 100000 several months ago
on his 21st birthday which was left
by his father, John Jacob Aston,
End, who went down with the IT,
tanic. He is direct descendant
The Waterbury Democrat., 1934-01-22
Byrne's Appointment
Expected This Week
Confirmation for Internal Revenue Post Believed to Be
Made With James M. MOnagEan's

Ofacial confirmation Of two APP
pointments to the local Office OF
the internal revenue department OF
connecticut IL expected this week.
James NJ. Monaghan, at present
4 member Of the wildly High school
faculty, win succeed James ]. Nc
Grath ON February LIST as deputy
collector for the waterbury district.
Ik was also learned today from Of
fioial sources that the name OF
Charles Byrne Of Cheshire, for
4aer member OF the street dept. OF
the City of waterbury. has been
forwarded to Washington, d. c.,
for appointment to the local Of
fee.
THE confirmation Of the two rec
ornmendations is expected within
q few days. Mr. Monaghan will be
placed In charge of the local office.
while Mr. Byrne will be considered
as a member of the state staff. His
duties will be in the nature Of a
field inspector. His duties will take
him to various parts Of the state.
The Roosevelt-Cross club has en-
dorsed the candidacy of Mr. Monag-
han, while influential New Haven
democratic leaders are supporting
Mr. Byrne's candidacy. He is an
experienced internal revenue col
5ector, having served in the Water
bury office when James j. Walsh
of Meriden was the internal re-
venue collector of Connecticut.
James p. McGrath, present de-
putty collector of revenue, has for
warded his RESIGNATION to DIR Ed
ward G. Dolan, internal revenue
collector of Connecticut. Mr. Nc
Grath, a republican, has held the
position for many years and Is re-
garded as one of the most efficient
members Of the start Of New Eng
land. He will remain in service to
instruct his successor, Mr. Monag-
han.
The Waterbury Democrat., 1934-01-22
MANY AMERICANS
WERE SWINDLED
Paid for Bust of Gen John
]. Pershing But Never
Credited

washington, Jan. 22-(U)-Al-
fred M. Layton was held in $685.
600 bond today on charges of con-
verting to his own use some VII
200 collected from scores of prom
inent Americans for a bust Of
Gen. John j. Pershing. The bust
was executed by the late Moses
wv. Dykaar. friend of Layton. He
wanted $4,000 to $4,000 for It.
Layton undertook to raise the
money, the idea supposedly being
to present the bust to the govern
ment.
Layton interested Major Cen
eral G. Squier, who suggested
that 80 wartime friends of Per-
shing be asked to contribute. lay
ton, it IL charged, sent out more
than 10000 letters over Squier's
name and without his permission.
Alfred e. Smith, Andrew W.
Mellon, Ogden L. Mills. Charles
M. schwab and Alfred p. Sloan
are among those said to have
sent in contributions.
The Waterbury Democrat., 1934-01-22
BANK ROBBERS
WERE SUICIDES

Basic, Jan 22-(U.P.)-Betrayed
by one of their sweethearts. two
desperate German bank robbers
for whom a force OF 400 police had
been engaged in spectacular
Imanhunt through the Jura noun
,fains committed suicide to-day
while officers we're closing In on
them.
The two desperadoes, named
lWaldemann and Sandweg, started
q reign OF terror Thursday, when
they robbed private bank In
Basic. killing two employees.
Saturday, they fought their way
cut OF a boarding house when they
were discovered by police. killing a.
corporal and private and seriously
wounding q third.
The Waterbury Democrat., 1934-01-22
FIREWORKS and
KNUCKLECUTTINC
Sharpe Contest Will Take
Place Tonight at St
Margaret's Hall

Plenty of fireworks and knuckle
cutting IL expected at the weekly
"forty-five" card tournament to-
night at st Margaret's parish hall
where close to IS participants In
the Holy Name society competi-
tioin is held each Monday even
ing. Considering the standig which
is as clase as q Scotchman's wall
let, considerable action Is promised.
Tonight's schedule will be as
follows: Flaherty's Founders vs.
Quilts Kerry Cows, Whalen's Ice
Cream Cones VS. Carr's High5ump-
ers, McVerry's Baker svs Delan-
ey's Caretakers. and Connor's
Bambino's VS. Moran's Specials.
These matches will be the sixth
game Of the second series.
The Waterbury Democrat., 1934-01-22
Deaths Double
Births In City

The number Of deaths in
Waterbury and vicinity dur
Ing the past two weeks was
more than double the NUM-
Der of births, according to
the semi-mOnthly statistics
furnished today by the Wat
erbury Credit Rating bureau.
Tho grim reaper made 40
visits to only 20 Of the stOrk.
Ten marriages were per-
formed and IL intentions of
marriage were fled at the
Office OF the town clerk.
Three families moved into
Waterbury during the same
period from Newton, Mass,
Naugatuck and Detroit.
The Waterbury Democrat., 1934-01-22
Won HINDENBERG
BACK AT WORK

Berlin, Jan 22-(UP)-President
Paul Won Hindenburg resumed his
accustomed official routine today.
returning to the executive desk af-
ter having been confined to his
room since Friday with a severe
cold.
The president received no visi-
tors. His illness, because of his 86
years, had caused some alarm, but
1t was announced that although no
had remained in his room In obedi-
ence to his PHYSICIANS orders he
had refused to remain In bed.
The Waterbury Democrat., 1934-01-22
NINETEEN DEAD
IN AUTO CRASHES

Boston, Jan 22-(UP)--Nineteen
persons were killed in automobile
accidents in Massachusetts last
week, according to the. report Of
Registrar Morgan T. Ryan.
This was fewer than nj the pre-
vious week and the same number
as in the corresponding week last
year.
Last weeks victims included IA
pedestrians, occupants ana q
coaster.
The Waterbury Democrat., 1934-01-22
TO RECOGNIZE CURA

Washington, Jan. 22.-(UP).-
Moving swiftly toward recognition
of the Mendieta government in
Cuba, President Roosevelt has in
vited the diplomatic representatives
of all the Iatin-American coun-
tries to confer with him at the
White House at 2:15 p. M, Secre-
tary of State Hull announced to-
dav
The Waterbury Democrat., 1934-01-22
JAPAN HAS NEW
WAR MINISTER

Toxic, Jan 22-(UP)-Gen SEN
1uro Hayashi today succeeded 1t
Gen sadao Araki, Japan's most In
tense milithrlat. as minister OF war,
In the cabinet Of Premier Baito.
Araki, the scraggly mustachioed
nsoaflc who directed tho Nipponese
nampaIgns in Manchoukuo and
SHANGHAI, resigned because OF III
health. tie consented, TO continue
= member OF the war council.
ffayaahi formerly was siperln-
<euAent of military education. His
formal acceptance Of the new post
#aa announced within q few hours
after Araki had submitted his res
i8nHil0n.