The Indianapolis Star from Indianapolis, Indiana • Page 13

a a a THE INDIANAPOLIS STAR, TUESDAY, JANUARY 3, 1933. 13 Latest News From Cities and Towns Over Indiana "Colonel Jimmy" Lang, Sullivan, Dies; Rose From Slums to Bank Presidency SULLIVAN, Jan. Death has closed the colorful career of James M. (Col. Jimmy) Lang, who rose from the slums to a bank presidency and then saw his success topple through charges of embezzlement and forgery.

He Year's night of a heart attack at the age of 76. Lang was head of the now defunct Citizens Trust Company of Sullivan and leading citizen of for half a century. In 1928 the elderly banker suddenly disappeared, but returned a year later and faced two trials. He never was convicted, both juries failing to agree. Born in Gotham Slums.

"Jimmy" Lang was born in the slums of New York and his real name was Alois Teavivich. Lang testified at his trials that when he was 5 years old he was picked up on the streets and taken to a children's aid society. With five other boys he was shipped to Indiana and was bound out to James Wesley Lang, a farmer, whose name he took. After his period of bondage, Lang worked his way through Valparaiso university and became a teacher. He entered the banking business in 1882.

In February, 1928, Lang disappeared from Sullivan. A few days later his bank was closed. He finally was brought back from Morgantown, N. by Oliver Steele, a friend, who persuaded Lang to return and face five indictments against him and to aid in straightening out the affairs of the bank. Lived by Odd Jobs.

During his year's absence, the 72- year-old banker was in Indianapolis, Cincinnati, Atlanta, GLOVER GIVEN 10 YEARS IN HOLDUP Leesville Man Pleads Guilty to $2,012 Robbery of Freetown Bank. SEYMOUR, Jan. 2. (P) Mancel Glover of Leesville was sentenced to ten years in Indiana state' reformatory on his plea of guilty today to a charge of participation in the $2,012.50 robbery of the Farmers State bank of Freetown Nov. 28.

The sentence imposed on Glover by Judge John C. Branaman of Jackson Circuit court was the same as given Austin Bell of Bedford, who pleaded guilty recently a similar charge. Grady Sherrill of Bedford is sought as the third member of the bandit trio. Glover was returned recently from San Bernardino, where he was arrested several days after the robbery. Worthington Man Dies of Wound Son Inflicted to The Indianapolis BLOOMFIELD, Jan.

Laughlin, who was shot by his 19-year-old son Charles during quarrel at their home at Worthington Friday, died yesterday at Freeman Greene County hospital at Linton. The shotgun charge took effect in his right thigh, severing an artery and loss of blood caused death. Charles, his brother Roy, 21, and their father were cutting wood in their yard when the quarrel started. The brothers claim their father had been upbraiding them because they not get jobs, and Charles claims he thought his father was going to strike him with an ax when he shot him. Both sons are here in the county jail.

A special grand jury will be called to consider the case. General Motors Leaders Inspect Anderson Plants to The Indianapolis ANDERSON, Jan. General Motors Corporation executives, J. L. Pratt and Albert Bradley, New York, and C.

E. Wilson, Detroit, vice presidents, visited the Delco-Remy and Guide Lamp units here today in connection with the installation of F. H. Prescott as head of the Guide Lamp unit. Mr.

Wilson predicted good schedules here. A. N. Connett, Retired Engineer, Dies in East NEW YORK, Jan. death of Albert N.

Connett, retired engineer who designed and built at Washington in 1895 the first successful electrical conduit street railway, became known today. He died of arteriosclerosis Sunday at his Fifth avenue home at the age of 73. Connett was associated with President Hoover in relief work in France and Belgium in the early days of the world war. HOOSIER DIES IN SOUTH. ATLANTA, Jan.

Margaret Bretz, 69 years old, Goshen, here today at the home of Indondied A. Bretz. She arrived here Friday and became ill the same day. The body will be sent to Goshen where she lived with another son, Dr. N.

E. Bretz. WOUNDED ON RIDE, REPORT, South Bend Victim Says She Was Forced Into Car, Shot. SOUTH BEND, Jan. Police, Amanda today Smith, investigated 33 the years story old, of of South Bend, of a forced ride with a in his automobile through this man city and Mishawaka last night, which ended, she said, when she leaped from the car after he shot her in the abdomen.

She was taken to a Mishawaka hospital, where an operation was performed to remove the bullet. Mrs. Smith told officers the man forced her into the automobile as she walked along a South Bend street, and took her to Mishawaka. She said she finally jumped from the car and managed to knock at the door of a nearby house before she collapsed. Kittinger Funeral Rites to Be in Anderson Today to The Indianapolis ANDERSON, Jan.

services for William A. Kittinger, 84 years old, former judge of MadiCircuit court and twice a state son will be held tomorrow. In senator, tribute to the dean of the county bar association, courts will adjourn and 1 business will pause. services will be at the home 2:30 o'clock tomorrow afternoon. Resolutions regretting the passing of Mr.

Kittinger were adopted today by the associations of Madison, Tipton and Delaware counties. Born in Wayne county, a son of John Smith, the boy was left an orphan in infancy and was adopted by William L. Kittinger of Richmond, In addition whose to name teaching he nookchool and reading law, Mr. Kittinger entered the ministry and held pastorates in Richmond and other places. He was admitted to the bar 1872.

Two Rescue Unconscious Man From Flaming Auto to The Indianapolis CRAWFORDSVILLE, Jan. 2. --After being pulled unconscious from the flaming wreckage of his automobile, Alvah Clark, 65 years old, was recovering at his Roachdale home tonight. Mr. Clark was returning from he operates a grocery, Saturday Crawfordsville to Roachdale, where night when his car skidded on ice and overturned five miles south of here.

He was knocked unconscious and the car caught fire. Clinton Bastain and Jewel Jeffries of Ladoga, passing the wreck, broke the windshield of Mr. Clark's automobile end dragged him through it to safety before the flames had reached him. His injuries are not considered critical. Boy, 5, Wounded as Old Rifle Fires Accidentally COLUMBUS, Jan.

Dean Haymaker, 5 years old, son of Mr. and Mrs. George Haymaker, living four miles west of here, is in the County hospital today in serious condition from a rifle bullet wound which penetrated his shoulder, shattered the collar bone and entered his lung. The child was playing with an old rifle. He procured a cartridge from a dresser, inserted it in the rifle and was pounding the barrel barrel, porch when the gun was discharged accidentally.

Man, 99, Sees Son Take Sheriff's Office Oath to The Indianapolis ENGLISH, Jan. the most interested person today, when the Crawford county's office new officials took oath of was John Armstrong, who, in he will celebrate the one hundredth anniversary of his birth, saw his son, Alva Armstrong, become sheriff of the county. John Armstrong, Crawford county's oldest native citizen and civil war veteran, will be 100 years old Aug. 11. He has moved with his son to the sheriff's residence here.

His health is good. PLAINFIELD NURSE DIES. CLAYTON, Jan, Tena Patrem, 64 years old, wellknown Plainfield resident, died at the home of a daughter, Mrs. Asiel Carmine, here today. She was born in Plainfield and was a lifelong resident of this section.

She had been a practical nurse, working on many cases in Indianapolis. Funeral services will be Wednesday afternoon at the Plainfield Friends Church with burial at Mooresville. Surviving are two daughters, Mrs. Carmine and Mrs. Ray Howard of Plainfield; a son Ralph of Los Angeles, the father, David Fields of Mooresville, six brothers and a sister.

OPPOSE DEMAND CHARGE PORTLAND, Jan. petition is being prepared at the direcof the city Council to the public service commission that the demand charge be eliminated from rates the municipal light plant. This charge is paid by large users of electricity. It is estimated that such a reduction would effect a saving of $6,000 to local manufacturers. Bull in China Shop? That's Nothing To What Monkey Can Do to Pet Store NEW YORK, Jan.

a Fifth avenue pet shop, closed for hour's entertainment for a sidewalk owners. The show which amused the crowd outside was almost over when Patrolman Vincent Everlich happened by. It was a fishing act--the monkeys were angling in a big tropical aquarium in the show window, and three fish gasping and flopping outside testified to their skill. Enough for Patrolman. Tiring of this, the monkeys picked up some books on the care of pets, glanced through them hurriedly and then hurled them at the grinning faces outside the window.

That was enough Patrolman Everlich. He telephoned headquarters, but the could not be reached. Another policeman, John McNamara, was sent to the store, however, and Repeal Interest Recalls Early Liquor Control Ordinance at Crawfordsville to The Indianapolis CRAWFORDSVILLE, Jan. 2. -With legalization of beer one of the chief legislative topics of the day, local residents have been reminded of an early liquor control ordinance passed by the town board of Crawfordsville in 1834.

The ordinance, relating to licensing of liquor dealers, was published in the Crawfordsville Record of Dec. 6, 1834, and photostatic copies of the paper are in the possession of Harry Wade of Indianapolis, grandson of the editor. $8 Was License Fee. The town board's action states "that it shall be lawful for Treasurer of said Corporation, upon application made by any person or persons wishing to obtain A license for retailing spiritous liquor by quantity than a quart, to grantess license for that purpose for one year. upon the person or persons so apply- VIGO CLERK HELD AS TERM EXPIRES Embezzlement of $16,363 in County Funds Charged by Successor.

TERRE HAUTE, Jan. -Fred A. Stalnaker, retiring clerk of the Vigo Circuit court, was arrested here late today on a warrant chargung embezzlement of $16,363.68 in funds. Stalnaker, who was Republican candidate for sheriff at the last election, was taken to jail by his successful opponent, William Baker, as the latter's first official act. Served Two Terms.

The warrant against Stalnaker was issued to Prosecutor Charles C. Whitlock by Stalnaker's successor, Jerry Fitzgerald. Stalnaker finished his second term as clerk Saturday. Today he turned over $1,651.59 to his successor without listing the funds to which it belonged. He also failed to make his final quarterly report.

Bond was set at $10,000. White House Reception Veteran Calls Anyway WASHINGTON, Jan. 2. W. Hunefeld, who is proud of his attendance record at the annual White House New Year's day reception, stood in front of the executive mansion bright and early today and fretted because President Hoover went to Florida to fish and canceled the gala affair.

Hunefeld knew Mr. Hoover was away and there would be no reception. but said he wanted to keep his record unbroken and see "if that gate was still hanging." He lingered A moment so, chatted with a policeman and departed. Another White House visitor today was J. W.

Blaisdell. G. A. R. veteran who presented himself at the gate shortly after Hunefeld retired.

Blaisdell also knew the reception had been canceled. He said he wanted to look once more at the mansion he first visited seventy-one years AgO during the administration of Abraham Lincoln. 3 Men Burned in Fire on Ohio River Barges PORTSMOUTH, Jan. (P) Three men were burned seriously when two barges in tow of the Ohio river packet Ruth Ann burst into flames while docked at Manchester late today. Sparks from A sputtering engine ignited 83,000 gallons of gasoline in four tanks the barges.

The fuel 01, was destroyed. The injured are Capt. Omar Bayless of Catlettsburg, and Robert Adkins and James Erskine, both of Ironton. They saved themselves by swimming to shore. Ralph Cole of Manchester saved the packet by cutting it loose from the barges, which were destroyed.

Man Pleads Guilty, Gets Life Term for Slaying COUNCIL GROVE, Jan. (P)-George Thompson, 20 years old. pleaded guilty today to killing 0. T. Winters, telegraph operator, during A restaurant holdup here Dec.

7. and was sentenced to a life term in the state penitentiary. Hubert Zinn, 26, of Council Grove, pleaded guilty to first. degree robbery in connection with the same holdup and was 5 given a. minimum sentence of twenty-nine years.

Three others accused in the holdup, Paul Duffy, 22, of Paola, Bob Majors, 21, of Osawatomie, and Alvin Macklin, 19, of Paola, were given indeterminate sentences. Jury's Report Ignores Brothers Shooting Case to The Indianapolis CRAWFORDSVILLE, Jan. 2. -Ralph Darling, Montgomery county farmer, has been released on his own recognizance in the shooting of Edward Brothers of Bainbridge, after the grand jury reported without mentioning the case. Brothers was wounded in the yard of the Darling home five miles southhere last week while conversing with Mrs.

Darling. It was reported Mr. Darling resented attentions Brothers was paying his wife. paying into the treasury of said Corporation the sum of Eight Dollars, for which sum it shall be the duty of said Treasurer to give his receipt. And, it shall be the further duty of said treasurer to keep a Book wherein he shall keep regular and correct entries of the names of all persons so applying receiving a license as aforesaid.

-and also the exact time when such license was granted, and the time when the same shall expire." Traffic Law Passed. At the time the ordinance WAS passed Henry Ristine was president of the board, Isaac Naylor, editor of the Record, was clerk: Francis Miller was treasurer, and J. Angle was clerk pro tem. At the same meeting the board adopted a traffic law making it illegal to drive or ride horses at A gait faster than a trot. Drivers also were ordered to tie their horses securely to prevent runaways.

News of the Courts. SUPREME COURT. ABSTRACTS. -Rehearing Denied- 25918. Klepfer Klepfer.

Marion S. C. Appellee's petition for rehearing is denied. Martin, J. (1) The court holds that the expressions in opinions that the aftidavit of residence is Jurisdictional, 18 not intended to supply to the extent of holding that judgments of divorce may be collaterally attacked on the ground of the insufficiency of the aflidavit of residence.

That in this case there 18 an appeal, that the record shows that the attidavit WAS sworn to Dec. 14, 1928, and the action not filed until Jan. 15, 1929, and the appellee testified that he left the county 'about Christmas' and one of his residence witnesses did not know anything about appellee's residence after Christmas, 1928, and the other had only known him In business way and did not have any ACcurate knowledge as to his particular place of residence, appellee testifying that he left Marion county to gO to his mother's in Hamilton county, 80 there was no real showing of actual residence in the county for two weeks or more prior 10 the filing of the action. "'The appellee did not allege in his affidavit of his realdence, nor did he prove At the trial facts sufficient to meet. the requirement of the statue." A new rial 18 ordered, with leave to amend the affidavit of residence, -Assignee Reports -Claims for Services.

25639. In re assignment of Davis, etc Henry C. C. Reversed. Martin, Roll.

J. concurs in results (filed Dee. 30) (1) An assignee was appointed for A mercantile business, claims were filed and two of them contested, and finally the assignee filed final report, showing administration of the trust and distribution to creditors of all but costs, which included claim of the assignee for $475 and of his attorney for $600. The court took the report under advisement, and thereafter entered an order reducing the assignee's claim $100 and the attorney's claim $200, and providing that on showing of distribution of the $300 to the creditors the report would be approved. The original report showed the scope of the work done by the assignee and his attorney, and after the action of the court the assignee led a verified motion, that he nor his attorney were present at the time of the action of the court on the report to save exception thereto, and again setting forth the extent of service and moved the court to set.

aside its action on the report and to hear evidence regarding the value of the services of assigne and his attorney. The trial court overruled this motion and the assignee has appealed. The court holds that while a court may be able to take Judicial notice of the value of services rendered, that where one who has rendered services duly requests that he be given op portunity 10 present evidence of the value of the services rendered, that the court should permit evidence to be presented to the court on such aubject. -Banks and Banking Insolvent Banks Preferred Claims. 26128.

Fidelity and Deposit Company vs. Brucker, receiver. White C. Affirmed. Martin, Travis, J.

not participating. (1) Appellee in receiver of a bank and appellant tiled A petition to be allowed A priority of claim for the payment of A claim AB bond on depository of public funds of the state of Indiana general fund, which appellant had been compelled to pay. There WAR a stipulation of facts that the receiver had paid A general 35 per cent dividend to the general creditors and sufhelent funds remained by which the appellant'8 claim could be paid in full. principal question of law presented by this appeal 1s, does the state of Indiana. have A right of preference over other depositors of an Insolvent bank 1n the liquidation of its assets by receivers?" There 1s no such right specifically by statute, and the other statutes are Teviewed.

It. 18 held that while the common law of England 18 adopted, that nothing therein which is inconsistent with the spirit of our free institutions can he construed as adopted. "The source of all governmental power in this atate 18 the people. Any sovereign prerogatives this state may have, come from the sovereign power of the people, and are ordinarily expressed in the constitution or in the When the state determines 10 place the funds has collected in A bank A A A a general deposit, subject to check, and bearInK interest It enters upon A business transaction with the banking corporation, the same A.R Any citizen might do; and in the Absence of express legislation 10 the contrary, the courta can not and should not extend the preference that inheres in the sovereign exercise of governmental functiona to include such business transaction. Especially 18 this true where a receiver has been appointed for the insolvent bank and the rights of all the creditors of the bank have heen attached 10 the funds In his hands.

The decisions are cited and their conflict and 11 18 held that there IN no showing of any inherent right of the state for preference nor any showing of intent on the part. of the Legislature to create such right of preference, 80 that the state not having any right of preference there 18 no right nf appellant 10 Any aubrogation to A preference. ACTIONS. 25893. Dunlap vs.

atate. Newton C. C. Appella petition for rehearing 18 denied. 25880.

Ross vs. state, Jay C. C. Appellant'8 petition for rehearing is denied. 14278.

Johnson VA. city of Evansville. Vanderburg 8. Appellant's petition 10 transfer is denied. 14055.

Allendort et al city of Indianapolia et. al, Marion C. C. Appellant'8 petition to transfer is denied. APPELLATE COURT.

MINUTES. 14782. Alspaugh VA. the New York, Chicago St. Louis Railway Company.

Tipton C. C. Appellee's briefs. REYNOLDS CUTS PRICE. WINSTON-SALEM, N.

Jan. 2. -P)-A reduction of 85 cents A thousand in the price of its 15-cent brand of cigarettes, making the wholesale price $6 a thousand, was announced tonight by the R. J. Reynolds Tobaco Company.

The reduction goes into effect a.t the opening of business tomorrow. Officials said the cut. was made 10 meet a similar move on the part of (the American Tobacco Company. A BUSINESS MAN'S PHILOSOPHY. BY WILLIAM FEATHER.

TN an address to the fathers of boys in University School at Cleveland, Harry A. Peters, the principal, advised against the attempt by parents to help their children with their lessons. This was a welcome suggestion many fathers, who have been tormented by fear tine that they were neglecting their duty if they did not coach their children in school work. Mr. Peters contended that home tutoring caused so much ill feeling that it was undesirable.

The school usually is competent to direct the mental development of a boy or girl in such studies as arithmetic, algebra and Latin. Home is the place where children can receive intellectual inspiration by being encouraged to discuss current affairs with their parents, and possibly such abstract questions as duty, loyalty, friendship and comparable subjects. Mr. Peters showed that parents can encourage the right attitude toward the intellectual life by deft suggestion, flowing out of ordinary discussion. (Copyright by Public Ledger.) to 0 a.

PEDESTRIAN DIES WHEN HIT BY CAR Andersonville Man, 24, Victim-Brookville Motorist Exonerated. to The Indianapolis Star.1 CONNERSVILLE, Jan. Robert Hunter, 24 years old, of near. Andersonville, was injured fatally today near his home when he was struck by an automobile driven by Dr. Charles Glaser of Brookville.

Hunter died fiftee. minutes after being admitted to a local hospital. He suffered a broken leg and bruises and died of shock. Dr. Glaser was exonerated.

According to reports, Hunter was walking along the road and headed toward the car. Glaser swerved the car sharply to the left to avoid striking him and Hunter staggered and fell against the car. Funeral services will be morrow at the home of his parents. Burial will be at Laurel. 1 IT HAPPENED IN INDIANA.

TEARS, IDLE TEARS. HUNTINGTON Sheriff 0. E. Johnson wept openly as he greeted the prisoners at the county jail, over which he took command at the first of the year. And the prisoners wept, too.

Deputy Art Thompson was exploring a gun cabinet and knocked a tear gas shell onto the floor. The deputy wept, too. They all had a good cry. MERRY SMITHMAS. Smith, meet Mr.

Smith," said Mr. Smith as new Courthouse officials took office. One of them was George Smith, deputy clerk, who administered the oath to his brother, Robert D. Smith, prosecutor. Yet another was Garfield Smith, county treasurer.

NEW YEAR. EVANSVILLE -A. J. McGraw, engineer for the C. E.

I. on the Danville (Ill.) run, made his last trip of the year coming this way on engine No. 1932. On the trip back to Danville, his first run of the new year, he presided at the throttle of engine No. 1933.

FOR BLUFFTON. BLUFFTON-Guess what Bluffton got for 1933. A new bank. It's the Farmers and Merchants bank, recently granted a state charter. BIRD NOTES.

BIRD NOTES. NOBLESVILLE Something has happened to the birds in Hamilton county since the heavy snow. Perry Bray and Col. J. O.

Clarke, members of the Hamilton County Nature Study Club, made their annual survey and, after covering twenty miles afoot, reported seeing only twentyfive birds representing twenty species. (Not counting English sparrows, of course, which are as popular with ornithologists as influenza is with the general public.) The surveyors logged robins, a cardinal, downey woodpeckers, flickers, A nuthatch and fifteen crows, where in former years they found hundreds. They think maybe our little feathered friends have gone hunting warmer territory or died of starvation during the cold snap. RECORD SHERIFF. VALPARAISO-Neil Fry of Hehron, who became sheriff succeeding Burney Maxwell, constitutes A record.

He is the first Democrat to fill that Porter county office in fortytwo-years. THE REFUGE. NORTH MANCHESTER "The Refuge," a. home for wandering manuscripts, has come off the mimeographing machine here. The publication, started by Mark Ogden of Peru and Fred R.

Conkling, head of the Manchester college English offers a haven for manuscripts that have come staggering home under A burden of rejection slips. Or, to quote Prof. J. Raymond Schutz's foreword: "This very modest little booklet offers refuge for some of the weary, far-traveled, oft -rejected manuscript children which have been wandering up one journalistic The' street and down another." first issue carried out travel pretty well. The next number idea, be out about ground hog day.

DARKENED DAYS. SULLIVAN-Operating on A reduced budget, the city Council ordered extinguished all but eight street lights in scattered sections of the business district. The municipal funds are tied up in a defunct bank the budget is pretty lean. CRACK-UP. SHELBYVILLE Irvin Sheppel stopped his car at a railroad crossing to wait for a train to pass.

But. Carl Bogeman drove up behind him and, blinded by lights across the track, ran into Sheppel's auto, knocking it on to the tracks. The train battered the automobile to pieces but all Sheppel suffered was a cut hand. CASH ESTATE. ANDER who were the clothing of Charles inspecting Pennisten, bachelor plasterer who died recently, found $866 cash in one suit and $821 in another.

FORTUNE TELLER. CHICAGO Raymond Goldberg, skeptic, now believes in foronce a tune telling. A gypsy woman told him: "You are going to lose some money." She then produced a gun and proved it, taking $9. Police later arrested three Whiting (Ind.) residents and Goldberg said he recognized one of them, Mary Ephraim, as the gun woman. Calumet Man Faces Quiz in Housekeeper's Death CALUMET CITY, Jan.

(P)-Mr. and Mrs. Charles F. Ross returned home tonight. to find their daughter Pearl, 21 years old, dead in the living room.

Apparently, police said, she was a suicide. She had been shot. through the temple and held a revolver in her hand. Authorities, however, sought to question Walter Armstrong, 36, of nearby Hammond, for whom the girl previously worked as a housekeeper. HUGE CASH SURPLUS READY FOR REVIVAL Indianapolis Banks Hold More Than $42,000,000 Idle Money, Awaiting Opportunity to Further Recovery in Business.

BY BERT HENLEY, knowing there is ample financial Charleston, S. Florence, S. Raleigh, N. Charlotte, N. Spartansburg, S.

Asheville, N. and Morgantown. He worked in a restaurant, as a clerk in a hotel and by mowing lawns and doing odd jobs. During his trials "Col. Jimmy" and his friends admitted that many of the transactions took place in the strict accordthat, ance with ethics, banking laws or procedure.

notes placed them in the bank's Mr. Mine, testified that he forged notes to total the amount. He vaults and then took. out "good" explained that he did that to "get by" the sate bank examiner. The examiner had criticized him previously on some of the notes which the institution held.

Never Profited, He Said. The elderly banker repeatedly ineisted that he never profited personally by the alleged irregular transactions. He said the only money he had when he left Sullivan was $500 which he had obtained through a personal loan. The thing that closed the doors of Citizens Trust Company and set law hunting for Mr. Lang was the claim of William Abbott of Spencer.

The Indiana Supreme court later held that Abbott was entitled to his deposits of $60.955.06, but that he was not entitled to make a preferred claim to $35,575.80 in bonds which he left in the bank for safe keeping. At one of his trials, Mr. Lang testified he possessed only one dollar. After two juries had failed to agree, Sullivan county authorities abandoned efforts to convict the banker. Until his death, Mr.

Lang lived in retirement. D. B. Kessinger, Minister at Lafayette, Succumbs to The Indianapolis LAFAYETTE, Jan. Rev.

Daniel B. Kessinger, 69 years old, pastor of the Grace United Brethren, several Church, is months. dead He after took An over the local church three years ago, coming from Fort Wayne. The Rev. Mr.

Kessinger was born in Henry county and spent most of his youth in Huntington. He enlisted in the regular army and saw action in Colorado against the Indians. Returning to Huntington, he took up the study of law before turning to the ministry. Services will be held in this city Wednesday and the body then will be taken to Etna Green for a second service and burial. Columbia Sends Troops Toward Peruvian Border PARA, Brazil, Jan.

Colombian naval vessels carrying munitions, supplies and 1,000 soldiers under Gen. Vasquez Coba were reported to have sailed down the Amazon today toward the region of Leticia on the Peruvian border. The movement was regarded as the beginning of A drive to recover the Leticia country over which Colombia has been in dispute with Peru some weeks. The Peruvians were said to have a. strong force, including airplanes, in the disputed area.

To safeguard its interests Brazil has 400 soldiers at the frontier, 1,100 more men are on the way up the Amazon and 500 are ready to sail soon, Technocracy to Have Own Newspaper Soon NEW YORK, Jan. is to have its paper, called "Tomorrow." The first issue will appear on the news stands shortly. It will carry no advertising. The aim of "Tomorrow' will be to interpret technocracy in simple language so that the man in the street will be able to get a clear idea of what the technocrats are driving at. While "Tomorrow" will be sympathetic to technocracy it will, in no sense, be crusading or official organ.

"Tomorrow" will he published by Allen Gordon. He will be assisted by newspaper men who have volunteered their services. Man Kills Self, Falls Into Christmas Tinsel CHICAGO, Jan. Miller added another "decoration" today to the ones he and his wife draped over the Christmas tree in their home a week ago last Saturday. Christmas eve Miller got drunk, his wife said, and despite her objections he got drunk every day between then and New Year's.

Today Miller selected a time when he was alone in the room with the tree. He stood facing it, raised a I sawed-off rifle to his head and fired. Mrs. Miller and her two sons ran in to find Miller's body fallen into the branches and tinsel ornaments. Elza Weddle Appointed Boys' School Chief's Aid to The Indianapolis PLAINFIELD, Jan.

Weddle, long an officer at the Inboys' school, has been appointed assistant superintendent to succeed the late Martin Walsh, according to announcement of Superintendent O. W. Negus. Mr. Weddle has been in charge of Company 2 for many years and also has been in charge of the school laundry.

Fumes From Loose Gas Pipe Take Janitor's Life to The Indianapolis EAST CHICAGO, Jan. Gas escaping from a pipe connecting a small heater in his room caused the death today of George Woods, 60 years old, a janitor. Police say he apparently had connected the pipe to the heater himself without tightening the joints sufficiently. ASSUME MORGAN POSTS. MARTINSVILLE, Jan.

The newly elected officers of Morgan county were sworn in today at the Courthouse and celebrated the occasion by holding open house during the day. There were few changes, for most of the persons elected in November were already officeholders. Mrs. Frances Parks takes over the duties of county recorder, succeeding Mrs. Jennie Rankin, She will have the assistance of Mrs.

Lois Day Miller. Elvin Merideth of near Hall, began a three-year term as county commissioner succeeding John A. Kirkham of Monroe township, who had served for six years. Willard M. Anderson is the newly elected joint senator who will represent Morgan, Owen and Hendricks counties in the next Legislature.

Financial Editor. This is the time for annual inventory taking. Business men and industrialists are taking stock of property and merchandise and their auditors are summing up the last year's operations preparatory to completing annual statements. These statements probably will reflect. A generally low condition of activity and lack of profits.

Almost every banker will tell you that the last year was banner year in point of net. profits. At same time, reported condition of the Indianapolis banks on last reporting date indicated the Indianapolis banks have more than 000.000 in cash. This is money that is lying idle in vaults, not earning A cent for the banks or for the depositors. Large cash surpluses in the banks reflect clearly reduced business and industrial activity.

When money 18 not employed there is likewise a lack of employment of labor. The two are inseparable. In times of low production and business, however. able bankers consider it a sound banking policy to keep assets in liquid condition, the better to enable the bank to meet all demands made upon it by depositors. This large cash holding ordinarily in normal times is employed, earning interest and profits for the bank, meeting pay rolls and paying for merchandising stocks.

Strong Position. These millions of dollars of idle money represent A vast wealth of 1-up power, awaiting opportunity for re-employment once the tide of industry a and business begins to flow. It means that when the revival be. there will be ample finances for gins it means there will be any increase ready cash to meet additional pay rolls and to re-employ the thousands of working people who also are awaiting 711 oportunity to earn their own livelihood. It means sound and going corporations and business houses will be able to take advantage of any upturn that may arrive, LIVE STOCK LIVE STOCK RECEIPTS.

Hogs. Cattle. Catves. Sheep Yesterday 4.000 400 350 100 Week ago 2.996 436 55 692 Year ago 7.175 698 669 2,029 EXTREME RANGE IN HOG PRICES. Good Choice Good Choice Good Chetee Dec.

Heavies. Mediums. Lights. 26.. $3.000 3.25 3.3040 3.40 3.4500 3.50 27..

2.8000 00 3.00 3.10. 3.25 3.30 3.35 28.. 2.75 2.95 3.050 00 3.20 3.2540 3.30 29.. 2.75 2.95 3.0500 00 3.20 3.2500 3.30 30.. 2.75 00 2.90 3.00 40 3.10 3.1500 3.20 31 2.70 2.85 2.95 Q) 3.05 3.100 0 3.15 Jan.

2. 2.65 2.80 2.900 3.00 3.05 0 3.10 The firal market of the new year n1 the Indianapolis varda brought with 11 new low record average price level for All time, the general run of hogs averaging 100 to 300 pounds being sold at $2.75 10 $3 10 A hundredweight. HORA weighing more than 300 pounds were quoted at 65 10 $2.70. This represents A reduction of cents a hundredweight from last Batur day's ngure. This decline WAR attributed 10 the very demand both for shipment and from narrow local packing houses.

which In turn reflected the very unfavorable aituation in the fresh meat trade. More business was transacted at $2.90 to $3.10 than at any other level and I repretented stock weighing less than 250 pounds Good lightweight hogs and slaughter pigs were sold at $3.10, the top price. Medium weight nogs brought $2.90 to $3. and heavy hogs $2.65 to $2.80. Sales of HOWS and roughs were made at $2 to $2.35, un changed to 15 cents under last Saturday's prices.

Yesterday's price schedule: 100 to 200 pounds, 200 10 210 pounds, $3.05: 210 to 225 pounds, 225 to 235 pounds, 235 to 250 pounds, $2.90: 250 to 275 pounds, 275 to 300 pounds, 300 10 350 pounds, 350 to 400 pounds, $2.65. Quiet Trade. Only A. small offering of cattle WAs available to the trade and the market. WAn little change compared with the close of last week.

Trading represented the plainer classes of female slaughter stock and was rather slow. Dealers reported a fairly active demand for the more attractive kinds of heifers and a few fancy kinds were cAshed at $5.25 10 56, with the general run of common to fair heifers moving in amall numbers at $3 to $4.75 a hundred weight. Beef COWA, selling 21 $2 to $3, and cannera and cutters at $1 to $2, also were ateady. Prices of veals and calves were firm. Good veals brought 56 to mediums, $4.50 to $5.50, and common, dinky calves, $2.50 to $4.50.

Not enough lambe were offered 10 make A test nf the market's strength. A few small bunches nf fair 10 good native lamba brought. $5.50 to $5.75 hundredweight, white choice natives were sold sparingly at $6 a hundredweight. Cheaper kinds were unchanged HOGS. Piga and lights.

100 to 200 tha $3.10 Lightweights, 200 to 210 the 3.07 Mediumweights, 210 to 225 lha 3.00 00 Mediumweights, 225 to 235 Ibs 2.95 Mediunweights, 235 to 250 lh8 90 Heavyweights, 250 10 275 lha 2.80 Heavyweight, 275 10 300 2.75 Heavyweights, 300 to 350 Iha 2.70 Heavyweights, 350 to 400 lha 2.65 smooth 2.25 4 2.35 Sows, Roughs and stags 2.00 2.25 CATTLE. Steers (600 to 1,100 lb8) Good and choice. $6.25 7.00 (1,100 to 1,500 lbs) Good to 6.25 7.00 Common to 3.75 00 6.00 Heifers. good to choice. 5.50 (m 6.00 Common to 2.50 00 5.25 CowsGood to choice.

2.75 3.25 Common to medium. 2.25 (D 2.65 Low cutter and 1.00 2.00 Bulla (yearlings excluded) Good to choice 2.50 3.00 Cutter, common and medium 2.00 2.25 Vealers (milk fed) Good to choice. 6.00 0 6.50 Medium 4.50 5.50 Culla and common. 2.50 4.50 STOCKERS AND FEEDERS. Steers (500 to 800 lbs) Good to choice $5.50 6.00 Medium 4.00 5.00 (800 to 1,050 Ibs) Good to choice 4.750 6.25 Common to medium 3.50 4.75 SLAUGHTER SHEEP AND LAMBS.

LambsGood to choice $5.500 6.00 Common to medium 3.00 cp 5.25 SheepMedium to gond. 1.50 0 2.25 Cull and 1.00 0 1.50 LIVE STOCK BY WIRE. CHICAGO, Jan. 2- -(United States Department of Agriculture) Hogs Receipta, 25,000. Including 10,000 direct; active; steady to strong with Friday; top, 140 to 180 lbs, $2.90 07 3.05; 190 1.0 220 1b, 230 to 300 lbs.

$2.600 2.90; pigs, $2.75 3.15; packing SOWS mostly smooth sorts to shippers took holdovers, light light, good and choice, 140 to 160 lbs, $2.90 03.10; light weight, 160 to 200 lbs, $2.90 3.10; medium weight, 200 to 250 lbs. $2.75 003; heavy weight, 250 to 350 lb8, $2.40 2.85: packing sows, medium and good, 275 to 500 lbs, $1.90 2.50; slaughter, pigs, good and choice, 100 to 130 lbs, $2.60 cD 3.15. Cattle--Receipts, calves, yearlings and light steers steady at, 25c lower, mostly on shipper account; light heifer and mixed yearlings fully 25c off; beef cows sharing decline; weighty fat steers 25c lower, dull at downturn; some sales as much as 40c lower; extreme top long yearling steers, few loads $6.75 with bulk fat steers, $4.50 best heavies, very few above slaughter cattle and vealers--steers, good and choice, 550 to 900 lbs, 900 to 1,100 lbs, $5007: 1,100 to 1,300 lbs, $4.50 6.75; 1,300 to 1,500 lbs, $4.50 6.50; common and medium, 550 to 1,300 Ibs, $3.25 04.75; heifers, good and choice, 550 to 750 Ibs, $4.50 6.25: common and medium, $3 04.50; cows, good, $3 common and medium. $2.25 low cutter and cutter, bulls (yearlings excluded), good (beef), $3.25 cutter, common and medium, $2.50 3.45; vealers, good and choice, $4.25 6.25; medium, cull and common, $2.50 3.50; stocker and feeder cattle--steers, good and backing on good security in the banks. But there is another side to this idle money picture, and it was brought out clearly by one of the city's bankers in this terse comment: "As a matter of safety, it is entirely satisfactory, but in earning power, it is not desirable to have half of the bank's resources in cash in the vaults, not earning anybody a penny.

"Yet, it must be remembered that the banker is handling other people's money. It does not belong to him and he is responsible for the safety of the depositors' funds. In times of uncertainty, it is well for the banker to forego profits and be ready to pay this money out on demand of its owners. "Later, when business improves and the turn for better comes there will 1 be an increased demand for money and these idle dollars will gO back to work along with the thousands of others unemployed. No one will welcome the time any more a happily than the banker." Resources in Cash.

The last published statement of. condition of banks as of Sept. 30 last indicated that six of the large downtown institutions had from 40 to 70 per cent of their resources in cash, idle money. The next statement, due shortly, is expected to show a similar situation. The money is there ready for immediate use at the discretion of the banks' executives.

Any improvement in business and industry likewise will show a reemployment of the banks' idle money and an increase in number of wage earners at work. Condition reports of banks in other cities throughout the country reveal similar situation. No doubt of ability of banks to finance the usual run of business and to meet rising demands for money A8 those demanda appear. At present bankers assert there 18 little call for increased borrowings, but 1 it is expected the needs of trade and industry will gradually increase. Markets Are Closed New Year Holiday All grain, commodity and securities exchanges were closed yesterday in observance of the New Year holiday.

Live stock markets remained open. All exchanges will resume trading today. 9 choice, 500 to 1,050 The, $4 0 5.25: common and medium, $2.7504. Sheep Recelpta, choice lamba, 107 15c lower: other grades and classes largely steady; desirable native lamba, $5.25 4 5.75 few $5:85 0 fed Westerns averaging 78 to 95 The, numerous at 75; best slaughter sheep and lambs- lambs, 90 Ibs, down: good and choice, common and medium. $3.75 4 5.50 90 10 98 Ibs.

good and choice, $5.25 4 5.90; 98 to 110 Ibs, good and choice. $50 5.75; ewes, 90 to 150 lha, good and choice, $1.75 0 2.75; all weights, common and medium, $1.25 2.20. LOUISVILLE, Jan. 2. (P) (United States Department of Agriculture) Cattle Receipts, 700: run mostly steers and heifers, moderately active, stendy on nil classes: bulk common and medium ateera and heifers, no good lightweights included: top, $4.75 for lond 1,092 steera; beef cows, $2.25 4 2.75.

odd head, good. $3 04 3.25: bulls bulls. $2.75 down. Calven Receipts, 200, atendy: better grades, $4 50 b. Hogs Receipts, 900; mostly 5c lower with weights; 135 to 175 lha, steady, 175 to 210 lha.

245 to 295 the, 300 lbs and up, 135 to 170 Iba, $3: 130 Iba down, SOWS, $2.20. Sheep Receipts, 50 quotable steady; bulk medium to good lambs, $5.25 45.50; fat ewes, $102. CINCINNATI, Jan. 2 -(1) -(United States Department of Agriculture) Hogs -Receipts, 1,100 direct and through; mostly 5e lower on 160 lbs up; bidding 10c lower on lighter weights; 160 10 200 Iba, 200 to 250 lha. $3.25 00 3.30: 225 10 250 Ibs, $3 (0 3.15; 250 to 275 Ibe, $2.8073: 275 to 300 Ibm, $2.65 2.75; 300 10 325 Iha, around $2.60 2.70; 120 to 140 Iba, bid HOWS, steady to weak at.

mostly $2. Cattle Receipte, calves, 250: steady; common and medium steera and heifers. nothing more destrable sold early; cows in good demand: beef, low cutter and cutter, $1 0 2.25; bulls mostly $2.50 0 3.25: best quotable up to venlera, ateady; good and choice, $5.504:6.50: othera largely Sheep Receipts, 100; not enough to make market; medium to good lambs considered salable at $5.50 4 6.25: common and medium, $3.50 0 5.25; practical top aged ewes, $1. PITTARURGH. Jan 2 (United States Department of Agriculture) HOgS Receipt 3.300 hnldover.

300; mostly 10c higher. 110 10 210 The, $3.40 3.50: 220 to 260 lha, $3 25 0 100 to 140 The $3.25 3.50; packing HOWS, $2 0 50. Cattle Receipts, 600, alow, steady 10 250 lower, good ateera, $5.10 0 5.25: mediums down to good heifers, $4.25 better grade cows, $2.35 0 3.25; lower grade, $1.25 0 2.25 common to medium bulla. $2.35 0 3. Calves Receipts, 400: mostly steady; better grade vealers.

$5.50 0 6.50: few prime, common and dium. $3 m5. Sheep -Receipts, steady to stronger; better grade lambs, 6.65: mixed kinds, $5.25 0 0 0 0 0 4 5.75: common and medium, $3.35 better grade wethere, $2.5043. EAST BUFFALO, N. Jan.

(United States Department of Agriculture) Receipts, dependable trade to all interests; steady to strong with Friday's average; desirable 140 10 210 lbs, $3.40 7 3.50; largely 220 to 240 Iba, $3.25 0 3.35; 240 to 265 lbs, 3.25. Cattle- Receipts, steer and yearling trade unevenly 25c to 75c lower; weights above 1,100 lbs off most; good lightweight steers and yearlings, 6.25; top, $6.65: numerous loads picked fleshed, 1,150 to steers, heifers, $5 down; cutter cows, Calves -Receipts, 800; better grade vealers active; steady; others slow: weak; good to choice, common and medium. $4.50 5.50. Sheep- Receipta, 4,800: lamb trade active: generally 25c higher; good to choice moderately sorted, few decks strictly choice, medium and weighty lambs, $5.50 4 6: common. $5 6.50; fat ewes, $2.50 0 2.75.

EAST ST. LOUIS. Jan. (United States Department of Agriculture) Hogs- Receipts, market 10c to 15e lower; top. bulk.

140 to 210 Ibs, $2.95 0 3.05: 220 to 270 lbs. $2.75 2.90; few heavies. $2.65: 100 to 130 lbs, $2.50 4 2.90; SOWS, $2 4 2.25. Cattle--Receipts, calves. receipts, steers in liberal supply, few early sales steady, opening trade about steady on mixed vearlings, heifers and bulls: market not.

developed on cow stuff, vealers 25c lower: nominal range slaughter steers, $3 6.75; slaughter heifers, $3 06.50: a few steers, $4 04.50: mixed yearlings and heifers, $3.50 7 5.25; sausage bulls, $2.25 2.60; good and choice vealers, $6.25. Sheep--Receipts, opening steady, packers talking 25c lower; few desirable lambs to city butchers, packers bidding $5.25 down. monkey and her baby got loose in the holiday today, and put on an crowd and a headache for the the two entered by smashing a transom. They found the place in a bedlam. Canaries, love birds and parrots flew about squawking, their cages in wreckage on the floor.

Goldfish bowls were shattered, cans of dog rations and insect powders had been swept from the shelves. Every animal in the place was making vocal protest. Watch Party Finally. After a strenuous chase, the policemen captured the monkeys. put them in the same cage, at first, but the mother set upon the baby SO they had to be separated.

The policemen remained on watch in the shop until them owners could be located. ACTIVITIES IN GENERAL. NEW YORK, Jan. security and commodity markets as well as banks in New York remained closed today in observance of New Year holiday. Bustness will be resumed tomorrow.

Philip Morris Consolidated, reports for the year ended Dec. 31, net income of $415,173 equal to 68 cents a share on the common stock compared with $385,472 or 61 cents a share in 1931. The company owns practically all of the capital stock of the Continental Tobacco Company, and a substantial interest in Philip Morris Ltd. We Buy and Sell U. S.

Government Bonds Federal Land Joint Stock Land Bank Bonds T. P. Burke Co. Incorporated SUITE 222 CIRCLE TOWER PHONE RI ley 8536.