Newspaper Page Text
BOOM IN STOCK MARKET TO BE WATCHED CLOSELY BY SENATE QUIZ AGENTS Investigators Ordered to Keep Eyes Open for Any Evidence of Illegitimate Operations by Bulls or Bears. BY LYLF. C. WILSON # I mtrd Pr**s MaPF (Virmporuifitt WASHINGTON. July 7—Senate stork market investigators went to New York today with orders from Chairman Duncan U. Fletcher to watch the Roosevelt market boom for any evidence of illegitimate bull or bear operations. * "If Ferdinand Pecora (senate committee counsel) advises me evi dences of illegitimate market opera tions exist, I either shall immedi ately summon the committee for an inquiry, or direct, that, all details be gathered for future investigation." Fletcher told the United Press. "A rise or fluctuation in market values does not necessarily repre sent illegitimate operations, but the opportunity is there, and we shall have the market under surveillance throughout the summer during the recess of the investigation. "Commodity prices are rising in consequence of new governmental policies, and naturally are bringing securities up with them. It remains to be seen whether the rises are justified. I easily can be in touch with Pecora by telephone through out the summer." STATE AID TO PARLEY McNutt Sends Greetings to Business Women at South Bend. Mrs. Hazel Zaharakos, new assist ant director of the division of women and children in the state Industrial board, will present greetings from Governor Paul V. McNutt to the state convention of the Business and Professional Women's Clubs at South Bend Saturday. Mrs. Zaharakos will attend the three-day convention as a delegate from Greencastle, her former home Bhe will go from South Bend to the national convention of the organra tion in Chicago, beginning July 10. NAB ESCAPED CONVICT Police Surround House, Capture Ohio Man; Loose One Week. Surrounding a house on Ralston avenue, police armed with machine guns Thursday captured Fred San ders. alias Jack Freeman, an es caped convict from the London <O.l prison farm. According to police he was sen tenced to the Ohio state prison two and a half years ago on a one to fifteen-year sentence and escaped a week ago. FIELD TO BE HONORED New Optimist International Chief To Be Paid Tribute. V. V. Ernest Field of Indianap olis, new Optimist International president, was to be honored at a "Trtncheon today in the Columbia club, attended by members of the local club and of clubs in other In diana cities and Dayton, O. Speak ers will include Donaldson G. Trone, Indianapolis club president, and N. F. Nolan, Dayton, past international president. ► Don’t Miss This Wonderful Opportunity! !A Diamond Ring or Set of Dishes £-'s[,J yds4y^*Pjg|B Bflk \ .lK 3 * t ** F 't*2+£sfiJ&b< j ll j - Wif/i Every Purchase of sls or More! ' S * | D®*'* "Good 1 mk” [trui.il Pair ' * 7 C 4 Dianlonds t 4 QC ' M Diamond Ensaspmpnl *r •I/J U Rins nnrt 3-Itinnion<i H H I II M Wedding Ring. H H I „ ™ . Both ritiffs of is-kt. M Sharp. tempered stool solid wh i t o gold. ■ ■ I hlados. Assorted 15oth rings for onlv.. Jl , handies. Get jours ■■ ( ear h v w 50c DOM V—soc A IVGKK 4 *— * | LADIES’ SMART BAGUETTE C% Q? j A dainty slender wrist watch that is accurate and W ,t/tJ ' link l-and\ B ' aUtifU V f ‘ ,lsra ' , ,J ' Complete with = i Hot Benefit June's Heat Booms State Income From Sale of Beer. THAT long June hot spell did some good, it was revealed to day. It boomed beer sales and made more money for the state through excise revenues. Figures from the office of Paul Fry. state excise director, show that, beer sales reached a new' high from June 16 to 30. Taxes were paid on 489,672 gallons, mak ing a state revenue of $24,483.61. Previous high was the first eight days after beer came back, w'hen $21,711 28 W'as paid. F. W. Cook Company, Evans ville, leads the list in payments from breweries and the two Indi anapolis importing firms from im porters. CITY TO PAY LAST DEBT Whiting Will Be "Out of Red” With Retirement of SI,OOO Bond. By United Pres s WHITING, Ind.. July 7.—The city of Whiting owes only SI,OOO and has $90,000 on hand with which to pay it, John A. Tokarz, city controller, revealed. Bonds amounting to $98,000. owed by the city since 1930, were almost entirely retired recently. The only remaining one will be due next March. BANK ORGANIZER QUITS Wabash Official Flings Charge of Lack of Co-Operation. By I nitrd Press WABASH, Ind., July 7.—Organi zation of a bank to replace the Farmers and Wabash National was at a. standstilll today follow'ing with drawal of Mark C. Honeywell as organizer. Selected by citizens to direct the organization. Honeywell said he had failed to obtain proper co-opera tion. Number of Needy Decreased By I nited Press OLYMPIA, Wash., July 7.—lndi cative that the general improve ment in economic conditions coupled with state and federal un employment relief plans, state relief lists count 10,000 less among those in heed. Now You Can Help ‘ Boots’ Don Her Summer Outfit - HERE she is, youngsters! "Boots,” the famous star of the comic strip, "Boots and Her Buddies,” with two of the garments from her new summer outfit. The outfit will include twelve garments in all. The water's fine today, so her new bathing suits especially appeal to her. And now you can have the fun of trying them on "Boots' ” trim little figure. Just cut them out and color them. Next there will be two dresses for "Boots.” Bad Luck Pursues Woman By United Press SEATTLE, July 7.—A few hours after she had escaped uninjured when fire destroyed her home, Mrs. Louise Carter, 63, fell down a flight M——————b—■— . Asa,., Copyright, 19.T3. It. .1. Reynolds Tobacco C ompany • 1 ' .* ■;/ ( X ~ ■ * M „ , " ' as-■•teastiMWßMSt •’" '"■ • V.i-Vv t v :.< p '"\ li si/j ii| SJH til §l\ . ' M (M * jfi T M "m affirolnf BF IggMHHT ’-^'’“■> j t ;.\.5 ; & < VR WSSSKSm &&*■ ; lllPißlfflßF 'S:-c:v:^ • THE STOr WATCHES ARE SET...the sipnal is given. ..thev’re off—to set a • : c^^- :v: .v^fei< ;^': ‘. new w omen’s speed record in typewriting! Fingers fly madly, yet sv lr ely, over the ke\hoards... for accuracy counts as well as speed! The whistle shrills! The judges '.ii iX' -, ;■' ,'■ - make the count...and Stella Willins is crowned the fastest woman typist in the world —with a record of 124 words a minute! ; - •AF RIGHT STELLA WILLINS is shown enjoying a Camel. She savs: “I’d ad* : : •• ■ vise anybody w ho enjoys smoking a lot to smoke Camels, for the sake of their nerves.” TURN TO CAMELS • wutAT A RELIEF to the spectators to light up their and ease the strain of watching a thrilling finish. Whenever |]j|g§Py\. fj|p|pllll V £ yOU Smoke them. Start Smdking Camels todav and dis you feel keyed up, excited have a Camel - for the sake of X>.a|pipi cover for yourself the added pleasure of a milder cira your nerves, for the added pleasure in Camel s costlier tobaccos. Wtr&. J*Br\ ,C* u i. ~• ~t.* . fg <%, /CfWpiS rette that never tires your taste. It is more fun to know. THE' INDIANAPOLIS TIMES of stairs in her son’s home and broke her leg. A bacteriologist recently received a prize for work showing that bac terial causes of goiter do not exist. BUILD NAVY TO FULL POWER, IS PLEA TO U. S, American Arms Reduction Moves Misunderstood by Tokjo, Says Howard. (Continued From Page One) i navy to quota will give no offense to these men. % On the contrary, such action on our part, dispelling the idea that America has gone pacific, would be recognized as insurance against any unfortunate "incident” which might be precipitated by short-sighted, but none the less highly patriotic, mili tarists. Our efforts in the interest of arms reduction, even including the gesture involved in our under building, has been misunderstood completely in Japan. Possibly we : were to blame. The idea w'as sound ‘ —still is. It should not be aban jdoned. But if today's situation teaches ! anything, it is that, much as it is to be regretted, in the Far East at i least, might still makes right, and anti-w'ar plans and disarmament proposals will receive a hearing only when advanced by nations which : have demonstrated their ability and their willingness to arm so long as civilization's greatest stupidity makes it necessary to do so. So long as Japan believes America unwilling to arm up to treaty quota, she will continue unwilling to scale down her armament. Once she sees America is willing to build up to quota—and beyond, if the w'orld w'ants to remove the limit—a different psychology may develop in the land with w'hich w r e must one day be in intelligent co operation. rather than in blind competition. Four-Legged Chicken Hatched LA CROSSE. Kan.. July 7. A | chicken hatched in the Schw'ab | hatchery here has four legs, but to | date, has found use for only two | of them. Picnic to Be Held Sunday Two hundred members of the rhythmic classes conducted by Mrs. MORRISONS 20 WEST WASHINGTON STREET JULY SALE WHITE -/r HATS I \ / Outstanding nrim. Ax S H OO J \ , J Crepes B '**'%*' Flatten* Rough Straws aeJwLr s-'s* I -SPECIAL- y| ~Qc I Just 300 white hats, crepe and £ibwh§i pique, in brim and turban effects. Millinery Dept.. Street Floor. The Greatest Modern Achievement ► VITA-LSSTIC lip Inroduced Exclusively by Morrisons Ba||^ And can be given only by our completely equipped shoppe. In popularizing this latest beauty creation, we are offering this Value. C 9 Fnmplftf With 'hampun and set. This Same Wave Style Sold in New York for $5.00 Each No appointment necessary I Genuine Croquignole Genuine—Eugene Spiral Combination $ VJ I Frederics e mmt Regular 55.00 Value “ • A I < pmpiete n.iir Trim, sham-* Complete Hair Trim, Shampoo and Set j| poo and Set Morrison Beauty Salon. Third Floor J. Vidva Lindsey are expected to attend a picnic Sunday at Northern Beach. Forrest L. Hackley. Francis JULY 7, 1933 M. Cook. Mrs. Helen Whitman and Miss Betty Krentler are in charge of the arrangements.