Asbury Park Press from Asbury Park, New Jersey • Page 1

Asbury Pari Evening Press THE WEATHER Cloudy, Warmer Today; Tomorrow, Cloudy, Colder. (See Page 3.) FINAL EDITION THE IVtMNri MH FIFTY-FIRST YEAR. NO. 306 Ecterrd ts second ciais milter June SO. 193? at the potoffice a.

Abuiy Park. N. uudrr the act of Mar 3. 1819 ASBURY PARK, N. THURSDAY, DECEMBER 30, 1937 Published da.lv.

rxrrpt Sunday, at 05 Ma: Aburv Paik. J. PRICE THREE CENTS Heads County (I roup Assassin Kills Extension Is Granted Business Din To Community Center Plans to Merge Building Loans Here Revealed 4 Chinese Aiding Country's Foes Head of New Chic Body Is Slain in Street by Peddler Terrorist Wave Feared. Defense Si i Hens Around Tsinulao I i SHANGHAI J. Lo Pa-hong, 1 China's most prominent Catholic layman and the chairman of Shanhai's new civic association was killed in the French conces- was Klliea in tne riemn conces sion today by an assassin di.s- gUised as an orange peddler.

Police exuressed the fear that 1 sr Aslmry Park anil Home AsMiciatious Call Meet-i ti of Shareholders for Jan. 19-20. illiers Approves Consolidation Is First of in State New Finn Insured. A plan to reorganize and meres the Asbury Park and the Horns Building, and Loan associations here was announced today in letters sent by the boards of direr-tors cif the two ecu potations to their respective shareholders. Approval of a plan under con.

siclerai ion for two years, lo con-olidato, segregate and create an insured association lesl.s with the stockholders of the two associations The lcttvrs, which will be mailed late today, aio notices of special meetings ot the twn groups of shareholders to be held the slaving was the start of a terrorist Slf.cr campaign to prevent Chinese from eo-' leaf' npdl "ls 11 operating with Japanese establishment are being made mo solve the prob-' len. Dr. Robert E. Watkms nres-irif-n- lem." Dr. Robert E.

Watkins, president of a new regime. The assassin, who escaped, was believed to have been a patriot-terrorist, angered because Los civic association had planned to work with Japanese in rehabilitating areas around Shanghai. Founder of the Catholic Action society here. Lo had directed collection of large sums for Catholic charities. His work had received world-wide recognition.

Knighted by France. The French government had made him a knight of the Legion of Honor, and the Belgian government, Knight of the Order of Leopold II. Lo visited the Vatican and was dec- 1 orated by the pope last year. He had been delegate to the international i Catholic conference held at Chicago in I 1927 and was knight of the Order oi St. Gregory the Great.

At one time. Lo was manager of the Nantao Electric Light and Tramways company. Japanese Meet Resistance -Icfi in Merger ItMtltlSON C. Ill Itl.KV Freehold Banks Slash Interest I Institution Cut Kate to Pereent; Cite Low Farnins. (Staff i)irrsii)nclenl) Mtl-KHOl 1.) Two freehold liank-aiiiiounced odav thai their rales will drop trom 2 pi Trent to P2 percent beginning Jan.

1 Tile banks making the change ate the (Ynti.cl Nailohal li.cnk and the First National bank Fre bank, and the Ftceiiold hold Third Trust rom- i puny, will continue its interest lale of 2 peri cut A from Hie two banks asserted tli.il "prevailing money rale's on Fluted Stales government and cither high grade securities are at the lowest point in the financial history of our country'. Sound management Mlic ics require that the rate ol Interest paid on deposits bear a definite relation to; the ii'liirn on such investments. In line i with the piaclice ot leading banks I th: unlit the country, the board- of ill- rectors have- (in- tale uf intcrc-t for the period beginning Jan 1, 1938! at 1 's pi'i cent mt annum Aslmrv Park Man ieled lv Jtirv iSlafT oi respeincleiit I -Alii'iham I-wis, 43 of 914 Fourth avenue. Park, wa; eeiiivicted bv a jury yesterday on a harge ol assaulting Edward ZiTgeil 11311 Tenth avenue Nepiune April 23 He will be sentenced by Judge Percy Camp Jan 6 Zeigeibel and the testimony revealed, conducted adloining food on Oce an avenue. Asbury Park, and charged that I'Wis i- i While Los fleam occupied attention uuaiu oi puunc uuiny commissioners in Shanghai.

Japanese armies met stiff I today for permission to curtail station Chinese resistance on the Shantung vifw of vcrv serk)ls province fronts outside Tsingtao. the dynamite-rocked North China seaport "('lc'lrv 111 "Vmlm revenues and the trom which a number of Americans resulting necessity drastic econ-were in flight. i "my." I In 1938 Seen By Economists Axrcs and Edie Assert Recession Will Hit Bottom in Mid-Year. Outlook Dark. iev Deal I At lurked Al Ikmiiv" Parley ATLANTIC CITY, i-t'i -Three nationally -known economists Lionel D.

Edie and Charles Frederick Rous, New York, and Leonard P. Ayies, Cleveland say they think prosperity is not even jttst aimind the cornet' this time. In speeches last niuht before he American Statistical Association, all three painted gloomy pictures. I Ayrcs and Edie said they thought Hie present business recession would reach bottom during the first half ot 1938 Roos said "conditions leading to deep depressions are getting worse" and what; this country needed was a "new brain trust in Washington." Ayres oflered a "lay of hope He predicted, however, that industrial production would drop at least 13 ints. that auioinombiU' product inn would dive 2.i to icicent.

that freight traffic would decline at least 12 percent, that stocks would slide lo a level not tin from that of and "whic is preity low." I Edie said the whole situation was aused by' heavy inventories piled up JV liusiucssinen in anticipation ot in flation He said "retailers will get rut ot lluir surplus stocks by the end of January, will call up by the first of April, and manufacturer--'will clear then warehouses by mill-' 'year" Then, ho said, recovery will be, well under-way. F.aimngN Paid Out "At a tune when pioduceis needed additional tunds to finance increasi labor and raw material pliers resulting 1 from tin1 preceding lnllaiiimatoi.v stimulus i he bonus pavnuiu. and lo add to tluir productive capacity so a-to insure higher standards ol living and prevent luither iiitlaiion, I hey weie induced to pcy out then cal lilngs." Roos said liey thus addeci to the pievioiis stiniulu.s and prices began to i "At tins the Federal Reseive bei.uel. on the besis ol in.uiccpi.i ana- Usis. became 1 nghi ciK'd by the m-; Hal Hillary movement, then under vvjy and.

ill a menial panic, raised reserve iii in uif ut.s ol ihe bank. In I hi action over a year ago the boa id tailed to recognize the tcmpoiaiv in-liuciice of the Hood of dividends iistauiing buvnm power lor Hoods a time when new rapUal good- .1 "Laes.s leseives ol banks at the linn 'amounted lo nearly SI hut Mley distributed in the liusi- ness and agricultural areas where weie needed to current needs To meet credit demands of these jnteri city banks were compe-lled to sell gov ernine tit bonds. Interim banks the proe-ecds from the lo meet demand lor roiiimeTri.il loans, and thus government bond price, A- a n-sult. fuitlui si-lime to avoid capital losses developed and an actual epilation ot bank money supply began last December, (Continued on Page Two) ('nasi (lilies 15 uses ill Use Tokens Coast din's Coaches, mi- today launch! Us ne lare-collect nig sys-l lem, tokens lor tickets The change will be made todav on Ihe North A -bury Park line, running from the Ciesuio to Wanamas-a It will be- placed in flee I on other lines in two or three weeks. New have been in.

tailed on that drop com-, or tokens mtii a coin box oi.stciicl of pay-j nig tiie driver. This all ms 111" driver lo devote' iu.s entire tune to chiving, it was at the bus office today. A change to Ihe I iwcr fare on ihe Mana; email-Asbury Park run will mude lis soon as new re-gisters are be stalled on those Under a plan 'ceently appinved by the Public Utility commission me number oi zones ue- tween the two ikiiiUs was cut from line" to two, reduc mg the lure (rom 3(1 lo 20 l'he company will si'd Ihree tokens lor 2.) cents. Single ride- arc lo cents. Red Hank Mail JOHN T.

LAWLEY Realtors Name Lawley to Job Middlcloun Man Is Made Governor of County roup's Directors. John Lawley, Middletown. retiring president of the Monmouth County Real Estate Board, was last night elected to the governorship of the board of directors of the association. He will head the panel of 12 directors elected at a dinner meeting in the Berkeley-Carteret hotel. Mr.

Lawley had been president of the board since its formation 18 months ago. He succeeds Albert Robbins. this city, as governor. Other members of the board of directors elected arc: James McAfee. Mana-quan: Ray H.

Stillman. Ealontown: Lew Tanncnbuum, Freehold: Hub-rt Parrae. Rd Bank: L. D. Edwards.

Sea Girt; Fred Asbury Park: Harold B. Snyder. Avon: Joseph Sauta. Park: Nafie Garra-brandt. Belmr.r: Charles Hawkins.

Red Bank: Albert Robbim. A.sbury Park, and Samuel Walker. Keansbuig. Officers tor the coming year will be elected by the board of directors at a meeting to be called by Mr. McAfee Jan.

6. Mr. Lawley last night advocated a plan for highway advertising by the board. Theodore F. Appleby, this city, reporter! on the state convention at Atlantic City last month.

He was named a state vice president at the convention. The board presented a desk blotter, desk light and fountain pen set to the retiring president. County Citizens Croup Files Corporation Writ Stuff Correspondent) FREEHOLD. A eminent? of In corporation was filed yesterday in the county clerk's office for the Citizens Committee of Monmouth county with offices at 1020 Sewall avenue, A.sbury Park. The certificate named Henry Carpen- tier, 1020 Sewall avenue, as the agent.

The purpose of the organization was listed "to promote civic, political and welfare activities in the county of Monmouth and also to promote legisla- tion to reduce taxes and to give the citizens good government in Monmouth county." i Five trustees named were Ben-nett. 829 Dunlevvey street. Asbury Park; I Joseph Mara, 211 Hoover road. Neptune: William Conn. 619 Sewall avenue.

As- i bury Park: Richard Newman. 1103 Second avenue Asbury Park, and Mr. Car-pentfer. Hearing Is Promised In Bay Mine Testing WASHINGTON iP' Rep. William H.

Sutnhin of Matavvan. N. lasJ notified his protesting constituents that army engineers promised him a public hearing would be held before action was taken to reserve an area in Sandy Hook bay for submarine mine testing, which would force shifts in fish pounds Army engineers. Mr. Sutphin said.

assured him the mine blasts would at feet only a small area of water. I uiuri uxienus City's Limit On Refunding! Perskie Gives Council i Extra Month to Secure 8." Percent Agreement to Proposal. Federal Hearing On IJeaeli Delayed Supreme Court Justice Joseph B. Perskie in Atlantic City today extended until Jan. 31 the deadline for holders of 85 percent of defaulted city bonds to agree to the city council's refunding plan.

Ward Kremer, city refunding agent, told the court that the city has consents in writing or bonds totaling $6,125,828 89. In addition, lie said, $470,000 is lined up for consent or deposit within the next 24 to 48 hours. There was no opposition to the ip-plication to extend the time limit. Justice Perskie. in approving the refunding plan last July 10.

ordered the consents be obtained by Jan. 1. The municipal finance commission was represented by William A. its attorney. James Carpenter, and Julius Ripple represented the Rippel Bondholders Protective committee.

Federal Hearing OIT Meanwhile, a hearing slatrd for today before a federal court in Trenton in which the Asbury Park beach commission was ordered to show cause why a group of Asbury Park property owners should not be allowed to intervene in the suit of a bondholder to enjoin the beach group from operating was postponed. Mr. Kremer yesterday announced approximately $5,600,000 in bonds were pledged toward the refunding plan. Approximately $500,000 in consents was obtained yesterday. Considering the promised $470,000, the amount pledged is $0,595,828.89.

the city agent told the court today. This is approximately 03 percent of the $10,402,200 in default. 85 I'errent Needed However, the Barker bondholders' committee has a judgment for In defaulted bond that must be paid by the ciiy. If the refunding embraces only the remaining S9.000.000. the figure cited by Mr.

Kremer today is 73 percent. The necessary percentage is 85. The bondholder seeking to enjoin the beach commission from operating is Emanuel Rcisler. The argument, over the intervention of the local property owners in the suit was postponed because Mr. Kremer was unable to appear in the capital today.

David Goldstein, counsel for the property ovners. said. It may not be re-scheduled for hearing until alter the court rules on a motion by James D. Carton, beach commission counsel, to strike out the entire Reisler proceedings. If the complaint is dismissed there will be no need for the court to heal the intervention controversy.

Road Foreman Dies of Hurts TOMS RIVER Stephen Bills, a su- I pcrvisor In the county road department, died in Paul Kimball hospital. Lake- wood, last evening of injuries received when he was struck by a light delivery 1 truck here yesterday morning. Mr. Bills, who would have been 40 tomorrow, received severe head injuries and a broken leg as he was hurled 60 feet against a pole in the accident. He was jumping back from a sputtering tar melting carl when he was struck.

A charge of technical assault and i battery with an automobile was made against Floyd V. Wilkins, 23. of 120 i Third avenue. Seaside Park, driver of the truck. Wilkins.

who is connected with the Wilkins Electric shop, this I place, was released yesterday in $1,000 bail. 1 Mr. Bills is survived by his wife, two daughters, a sister, Mrs. Carlton El- well, and his mother, Mrs. John Bills.

He lived at Pleasant Plains, Dover i township, Funeral services will be held at 2 p. m. Saturday at Pleasant Plains church Burial will be at Riverside cemetery. Shore Coneession Damaged lv Maze ATLANTIC HIGHLANDS Police and fire officials today were investigating the cause of a blaze which early last evening destroyed the Dodge 'Em concession in the Atlantic Beach Amusement park with an estimated loss of $5,000. The blaze as discovered by a passerby who sounded an alarm.

Large metal fences which enclose the park caused considerable difficulty. Firemen were forced to lay hose under the fence before getting water on the lire. In addition to the building, about 12 small "scooters" were lost in the tire. News Briefs THROCKMORTON SENTECtI) (Staff Correspondent) FREEHOLD. Willard P.

Throckmorton, 55. lifelong resident of Freehold and boro clerk for many years, was sentenced to two to five years in county jail today by Judge J. Edward Knight on a charge he embezzled S30.132.29 of public money. Throckmorton resigned as boro cleik June 21 when the shortage was discovered. Wanamassa Gardens Nw Year's Eve reservations.

$3 per person. A full course dinner. Including imported champagne cocktail. A union band will play for dancing. A talented New York show, and the usual favors and notsemakers will be the beginning of a Happy New Year Call A P.

3434 A. P. 5376, or A. P. 7284-R.

adv The Monmouth Title and Mortgage company has granted executives of the Belmar Community Center a 15-day extension in vhich to arrange a "definite plan' for amortization of a i $20,000 mortgage and interest. Don- aid Sterner, chairman of the building's board of trustees, announced last night. The center was to be dosed to all activities tomorrow under the original! deadline set by the title and mortgage company. Mr. Sterner informed oilier officials; of the building that the extension had been granted following a conference with L.

R. Ward. the creditor firm's i trustee. "We have made very satisfactory I Drogress." the state hiehwav comniis- sioner reported, "but I do not feel in a position to release actual figures at this tlrne- Negotiations to determine the to- moum oI Upbl tllf beell umcrway for approximately I thKt "By this time next week we should I difinitely know our position," Mr. of the building, added.

Proposal Likely Next Week It is believed a formal proposal, asking the boro to take over the center, will be ready for presentation to the board of commissioners some time next Railroads Ask Service Slasl (F( Lines Petition State for Rijjlit to Cut Out Stations. TRENTON. The New York and Long Branch railroad asked the state Proposed changes atlectmg stations along the North Jersey Shore were scheduled lo begin last Sunday, but were deferred by order ot the utility commission The commission said it had received protests from several municipalities. In its application, the New York and I Long Branch road was joined by the i Pennsylvania and the Central Railroad of New Jersey which operate trains over its tracks. They contended that numerous station agents were on duty "largely from custom rather than ne-j essay" especially during winter i months.

Probe Is Ordered The board's bureau of railroads was directed by President Harry Barhnrai to investigate the application. A pub- lie hearing will be ordered after the in- vestigators' report is completed The utility commission said the rail-I road planned lo permanently close pas-j senger and freight stations at Branehporl and Middletown as well as curtail daily station service. Al. Soulh Am boy Sunday hours would be given only from a. lo noon and from 1 to 6:50 p.

m. From Oct. 1 to May 15. the commission said the railroad planned to eliminate Sunday station service entirely al Little Silver. West End, Deal.

Allen-hurst. North Asbury Park. Bradley Beach and Avon. During the same period. Sunday service would be reduced Elbcron, Belmar.

Spring Lake, Man-a-Ciian and Point Pleasant. Voters Support Site for School (Staff Correspondent I SPRING LAKE HEIGHTS Voters or tiie Spiina Lake Heights school di trie last nieht approved a sue lor con; ruction of the Info's new school by an overwhelming majority of 79 to 10. Two bullous, both marked vvi'h instead of were rejected in the light poll. The property approved is the tract on the southeast coiner ol Brighton avenue and Route 4N. The frontage on Brighton avenue is 343 48 feel and on Route 4N.

489.92 feel The board of (cine aiion had originally planned to construct the school on the old Rogers trac. adjacent to the approved site, but abandoned the scheme after several unsuccessful attempts to acquire a clear title to the land. Construction is expected to get underway after Jan. 1. The project will cost the boro $49,909.

of which $32,000 will be covered by a bond issue. A federal grant of S22.909 has been approved. Th? first set ol bids will be received when the board meets Monday night. Son of Warden Injured in ('rash MAN AHAWK1N Harold Ciow Icy. 23.

son of the game warden. Tuekerton. received a fractured jaw. lacerations oi the face and left hand and possible interna) injuries eaily this morning when his ar collided with another and then crashed into a light pole on the Manahav.kin-Surt City causeway. The voting man was taken to the Royal Pines Hotel and Clime.

Pmewald According in state police Crow lev was driving '-ast on the road when in. rar struck thai oi Ion Bo-lii n-ki. Ship Bottom-Beach Arlington, who wa driv- ing back on the load after being paikeii at the side. The Crowley car then crashed into a pole. Both vehicles were demolished.

Demonstrator 193' De Soto coupe, radio, heater, and I over-drive. At a sacrifice. Asbury Auto Repair 904 Sunset Ave. Tel. A.

i week A public hearing on the issue probably follow Aware of the possibility the question may be decided thru a rclerendum. Mr. Sterner said "There is no sense in wasting the taxpayers' money with a special election, especially when we have petitions representing the senti- ments of more than 2.500 residents More than 20 organizations have passed resolutions urging the boro to take over the building Charles Keiderling, ji chairman of a "steering committee, reported added support had recently come from the county Y. M. C.

A. the ihild weltare organizations of the boro. American Legion past and the 40 and 8. and a number of howlnm inm nf are active at the center It also was pointed out that the boa id oi education had saved monev thru use lhf Ed'rd C. Broegc.

a member of the board, did the session the school might have to abandon a number of its exira-curncula activities. were not the Community Center avail- able. Another meeting will be held next week on the call ot the president. I Others attending last night's session were: Charles J. Markus, Thomas C.

Madigan. Edwin R. Smock. Kenneth Mayer. William Hurley.

Harry Lewis, i Dr. Fred V. Thompson. Stanley Dorid. I Ross Thatcher and the Rev.

James O'Sulhwin Agents Obtain Robinson Clue Politician Marinelli Sav Secured Paspoii for auislicd Couple. NEW YORK. Tp' The slate was given the opjwrttiniiy to question a minor Democratic politician alleged lo have the pa-sport applications ot "Mr. and Mrs. Donuld L.

Robinson." who disappeared mysteriously in The name of the poliluian was given federal authorities in confidence bv Albert Miirinelh, former New York county cleik. in whose office the applications were Xlanneili said the man asked that the applications be iiancii.a expeditiously. He made the same rcqur.si lor a passport lor "Adolph Arnold Rubens." (iels New I vidence The slate department in Washington has received new evidence indicating "Mrs. Robinson" may be Hut Mane Rubens, New York, ihe foiinir Mks Ruth Boerger. Phil.id Iplua.

Tills is the name Issue! in another passpurt record as the wife ot Rubens, married in May. 193o. i ne icuoens saneo iiom lol 10 Naples in October on the Italian liner I Rex. Several members of the crew ot the Rex. which docked lure today, said they renumbered the Rulieus.

Arturo Sacco, dining room captain, identified a passport picture of "Mrs Robmson" as having been a passe nger. Thomas Filch, heading the state department inves; iga' ion ol the tangle in New Yoik. would not the ease, altlio it was known lie questioned Maruii-Hi time i hours yesterday and several mole p' r- are slated lo tell him what they may know. Two Captured In Boro Home (Start Cnrrrspniideiitl RED BANK Trapped, police said, in the act ol ransacking a home, a 19-year-old Red Bank high school student and a younger accomplice lace arraignment on breaking and entering charges UKiay. Tiie pair.

Spagnuolo. HI. of 37 Leigh! avenue, a student, and Victor Amnio, 17. cij 172 Moiiniiiilh a bakery employe, were found by pulii-e in the home of Capt. Harold II.

Brown. 80 Riverside' avenue. Police LI. George Clavtoii and Ollicel Williams the onir was ran- an upstairs close'; when they closed in on them. They were prepared lo escape with a number of old but valuable musical instruments, l.t.

Clayton said The pan' by lorcine in a rear wir.d.iv No one was home al the nil-. A telephone tip led police to the capture. Bank Clearings Drop In 22 Major Cities NEW YORK iil'i Total bank ileal- Ings in 22 leading cities' lor the live- day week ended Dec. 29 were $4,992 942.000 a drop of 14 5 percent I rom S5.837.2O.-.000 in the comparable 1930: week al. live-dav week iiermd Dun and IJracistrrel repmled today Clearings this veek fell SI.

402.000 from the six-day week preceding, while Ihe 1936 comparative showed a drop of $1 925. 463. OIKi In New York clearings stood at 081.251.000. a decline ol 17 4 pereent from in the like week last year. Turnover in cities outside New York was $1 .010.791 ,000 against 000 a year ago, a loss ol 9 3 percent.

Bennett Made Fire Chief SPRING LAKE Paul B' tun it. as-s s'ant chief of 'h" tit department was advance! to chic 1 the annual election of the department la-t night. He succeeds Ijouis VanNot.e. Myron Morris was chosen as assistant chief Both elections were unanimous as there was no opposition. Marlborough Hotel Gala New Year's Eve party.

$2,50 per person. Good dance music. Fine supper, Call The Wayne A 2387. for New Year's pastries. Egg nog pie a specially.

adv I I I i I 1 i the Park high school auditori- urn Jan 111 and 20 The proposal is the til si of its type" in Ihi- stale and has been pav-ed upon bv Kail Withers, st.ite conimi.s.siun-i er ot 1). inking and insurance: Ihe Fed- era I Home Loan bank. New York: tl.s Federal and Loan Insurance corporal ion. Washington, th" Federal Home Loan Hank board. Washington, and the olhceis ol the New Jersey Building and loan league.

'the fi cteral insurance corporal ion a governmental agency, lliiecleirs Meet Roaids ol direi lens ot the two a-so-cial ions met last night and drew final plans for ihe nieetine.s of stockholders to obtain final approval. Commissioner Wilheis' signature of appioval is being nlltehcd to the plan loclay in Trenton. The satelv ot all savings accounts in Ihe ne oi ganiii! inn. to be known as the Keystone Building and Loan will be- protected up to $5,000 by ihe Federal Savings and Loan Insurance corporation. Now in its foui'li yea this corpora-lion sidcguariis th, of mm 8 than per.oii.- in 1.889 building and loan associal ions 'I'he move cm tlic part of the two local oi gunization.s is line with the policy, ol the state dcpai i nicnt of b.ilik-uig and insurance to strengthen tl.s position ot building and loan associations in New Jersey On Dee'.

9 Commissioner Wit he rs an. i mi iced he had directed more than IU0 New Jersey building anil limn associations to sti'i'iigt hen their financial -ual ions. He instructed lln'in lo submit in wilting ii Inn Hil days a plan contemplating one ol three mi'tliods reorganization or merger, voluntary dissolution, or disposal ol real estate by a sales piogram. 'Ihe Home and the Asbury Park groups were not included in the notice, their plan having been well under way at the time During 111" pa-t yea bath II real eitaie operator. Asbury jl'aik: William E.

Harri-on. citv col li'; tor and as-essor, Asbury Park; Hloomlii'ld lliiluk. hotel operator. Park: Harri-on C. Hurley adver.

ti-ing, Asbury Park, George D. Morrow-, superintendent ol Fitkin hospital, Asbury Park, Arthur Pharo, Neptune township trcasurei, Neptune: George A Smock, rclired. Asbury Park, Otto Suits, builder. Bradley Beach: William E. Taylor, builder, Ocean Grove; Harry A Watson, building and loan ex.

ecutive. Asbury Park, and Henry II. Win-or, banker. Wayside. The ni'w association will have an exi ting group ol more than 4.200 share, holders in some' 15 shore communities.

In addition to l.uoo Asbury PaikeTs, holders of shales live in Ocean Grove, Neptune. Hiadlry Ilea eh. Avon. Neptune The Press Today SPICIAL FtAltKtS struck him l-chincl the ar as he was corporations have dispo.ed of cciiisider-leinoviiie part ol a fence which ran i able real estate by selling it in ex-belwcen Iwo propei'l lev I change for Lewis Ic.sllllecl Hue. Zerg.ibcl tupped Recommended over Ihe lence and denied Unit he Hecommeiiiled in the le tter to share him was represented bv Ah in New- the board ol directors in man.

Aslmrv Park. ist.mt Pi.iseculor KeV-tni' association are Herman Fdwai.l Juska appealed for the Mate Bennett, retired. Spring Lake. Samuel Japanese sources themselves sent word of fierce fighting some 100 miles west of Tsinetao. between the railroad (enters of Weihsien and Tsingchow.

South of Tsinan, the conquered provincial capital, warfare on the outskirts of Taian gave China's sacred mountain. Tai Shan, a baptism of fire The United States gunboat Sacramento ducked in Shanghai and disem barked first. American civilian relugees horn the threatened port 400 miles lo the north. Twenty-five Americans, with a number of nurses and dependents, made the trip. More Refugees Ieave Another contingent ol American Tsingtao refugees headed tor Shanghai on the steamer Shunlien.

The United States cruiser Marblehead and destroyer Pope stood ready to evacuate remaining Americans. Still more Americans fled from the spreading warfare deep in China's 'interior A flag-decked refugee train left Hankow for Hongkong with 313 Americans and other lorcigners under 1 Japanese assurance of sale passage over the frequently bombarded route. Even iho resistance delayed the Jap- ancse advance on Tsingtao. Chinese ap parently were resigned to loss of the city. They spread destruction with dynamite and flames to leave for the war machine engaged in swallowing five North China provinces only "scorched eanh broken tile." Italy.

Japan Sign Treaty ROME. Italy and Japan agreed today upon a for Japanese trade with Italian East Africa. The accord, which Foreign Minister Count. Galeazzo Ciano and Japanese Ambassador Masaaki Hotla signed at Palazzo Chigi was described as supplementary to the commercial treaty between the two countries. A semi-official explanation said the agreement constituted another step in tiie development of closer political and economic relations between Italy and Japan.

Tile accord was described in Japanese circles as "very important." Such an accord was foreseen when Italy. Japan and Germany signed an anll- Communism agreement. PAINT CAl SF.S I IRK KEYPORT The local fire department, was called on. yesterday when John Vandcrvvaal. boro building inspector, upset a can of paint on his lighted range.

Little damage resulted and the blaze was immediately extinguished was to have been two-day excursion to Santa Catalina island. An O. scrawled on a sail, led lo the rescue. A navy patrol plane, sighting it. flew closer and discovered the schooner's plight.

As terse nieages flashed to naval and coast guard bases here and at Son Diego, the case of Faulding's death was turned over to the department of justice. A special agent. W. H. Osborne, was ordered to board the cutter 442 and intercept the.

Aafje at sea. The Aafje. apparently battered by stcrm. had lost her mainsail and her auxiliary engine was idle, lacking fiH. The lis ot rescued announced by the coast guard vva- Mrs Gertrude Turner and he- year-old son.

Robert Tutor, of R-Dos Pueblos Rancho. Golrta. Cal. Mrs. Jack Morgan, expectant mother, Los Angeles, and her registered nurse, (Continued on Page Three) Announc ement Opening todav.

The Beauty Studio 1122 3rd Spring Lake. Jessie Mil ler. formerly Jessies Shop, Bradley Beach. Beauty adv Blue Monn Inn Make reservations lor New Year's Eve i now. Farmingdale 307.

adv i High Seas Homicide Probed; Six on Yacht Are Rescued fler IV) Years of Service (ilcndola Bungalow I. Buined ly Bla.e An iiinieeupic'1 bungalow on Wall read, was almost completely de'stroy tl by lire' of unctetei iniiied oii-gin tally this niorhiiiK Firemen termed the structure a total loss Companies Iron) Glenelola and West Belmar fought the blaze unsuccessfully fur more than half an hour. The root and Hie kitchen at the rear of Ihe dwelling were a mass of flames when firemen a i rived Water was obtained by laving a line lo a nearby brook No esiunate of I lie cliiiiinur was made Carrier Quits i was on thai thai William II. Elliott mid four oilier young in; Hit. -lie.

I with pride at their in exam inations, first siung mail bags shouldcis and began ciaiiv licks thru the boro with let lets, eaids and parcels for vulting But Mr, Elliot! isn't going to r. iue to a life of reminiscence and leisure. Rather, iinin returning from a planned winter stay St. Petersburg the vet- eran will find much lo occupy his lime. Carpentry His lieibliy "I have iiiwa.Vs be lieved ill having knowledge ol more than Jti-t one thing.

he said yesHTckiy. He was an expert maker ot fin" bin Irs and a carpenter 1: enteii'd 'he tai service and lie has c.iniccl on the ait as a hobbv liuiine the pa-t 4'i vvais The Inline in which lie and Mis Kill Ht now reside bears niuny testimonials to his prowess wi'h hammer and (Cuntinuec on Page Twoi Shore Building loan Will exchange tor equal amount A. P. Bldg. Loan.

Box 115b Press Office, adv Fresh blue fish or Spanish mackerel, 18c lb. Frost fish or small river flounders, 3 lb, for 35c. Also eels, striped bass, shad, carp, and white ti.sh at Oro-smaii's Fish Mark-'t. 812 Lake Ave. Tel.

A. P. 555. adv I Answers lo ((iiesliems Pg. Comics -I'll.

II lihloiial- 8 llnllynood Pg- 11 l.ciuk and learn Ps. Modern I lifpietle P. 11 O. O. Mcllltvre Ps- 9 It.illio PS- Serial News Pgs.

10-11 Sports Pg- 13 Weather Record Pg- Wile Preservers Pg. 11 Wouirn'i Page Pg. RED BANK. -William 1'tilniied th" clerk al the Elliott has Red Bulk pi.st iffi." I.ir the last time After coyenng iie.ulv KtOOOD as a moil earner in this boro. "Bill' lias reined, bringing lo a close 39 years and one month's affiliation with the local office.

II" walked his route lor tiie last time on Friday, tho the retirement does not offic ially take elTect unlil Jan. 1. Last night, his tellmv moil carriers and the clerical start of the posloflice gave Mr, Elliott a testimonial at the Elks club. They assembled to honor the man v'h' qiiainted with more than i.i percent el the -c ple in lln.s boro. who has vvot' -d Red Bank grow from a small town of than 5 0110 population to a biro nioie than 11.000.

Thcv honoicd the only survivor of th? quartet which inaugurated free mail delivery It'll Bank on an eventful Dec. 1, 1898. It Att Ladies and Gentlrnirn Free roast turkey al the "Dugout," 708 Main New Year's Eve. No cov- er, no minimum. Bring vour triencis and Special permanent, rroqtllgnole curls $2 95.

Each item 25c. Elks Beauty Salon, 328 Cookman. Tel. 8623. Open eves, adv SAN PEDRO.

Cal. sT' Thru fog- shroudi s.as off the Mexican coast, the coast guard patrol boat Perseus beat a course to port today, concealing in official silence the story of the mysteri- ous shooting of a wealthy yacht owner disastrous pleasure cruise. Not until some time after midnight, when the Perseus is expected to put in here with the derelict. 59-foot schooner Aafje in tow. may the circumstances be told of Owner Dvvight.

L. Paulding's death on the high seas. His body, bullet-pierced, lay on the Aafje's deck yesterday when the Perseus, answering radio messages for aid from coast guard omplnbian planes, four'1' th- vachr flounrtenre helpless 190 i. vht to the southwst. Six Without Fowl.

Water 1ul; Aboard the Aafje. without food water for three days, were six one an expectant mother, who had sailed with Faulding Dec. 20 on what Marlborough Hotel Gala New Year's Eve party. $2.50 per person. Good dance music.

Fine supner. Excellent New York entertainment. Res ervations, Phon 7020 adv; Schatit's Sea Food Market has moved to 1106 Main between 3rd and Arcs. adv 1 SiMinon's 1-3 OIT lathim; Sale At 3 30 M. today until 8 P.

M. tomorrow we will sen our entire stock of suits, overcoats and troll "rs at 1-3 off. $22 soils and overcoats, S15: $2" glade-. giaee'S. S'20.

$35 giailc- $31133 $2 S.i pants. $196 $2 95 at $2 63 $.) 95 at 17,30 grades at. So. $19 50 suits at $13 07. Other grade in monortion, Phil Seamon.

lo9 Mam, A adv Frederick Drake. Optician 11 years with VV Reilly Now located at 404 Cookman opp Elk's. adv Deal Fire Company will not hold open house New Year's day due to death of member. ad Alteration Sale. Closing out every.

thing. Lila Lee, Opp. McCrory's. adv Excellent New York entertainment. Res- enjoy the evening.

Music. Dancing. Fn-adv ervanons. Phon? 7020 adv tertainment. Favor.

Noise makers, adv 4460. Three I loor Shows III. New Year's reservations, $1. Pine Tree Inn, Eatontown. adv.