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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (April 12, 1932)
Tuesday, April 12, 1932 LA GRANDE E VENING OBSERVER, IA GRANDE, ORE. Page Five DJDCAIL Car Stolon : Arley Jennings reported to the po- iii-o - o ". HIS COUfJW iiww .mow uiiu nuuiub uuuui 0:30 o'clock. Fliicil $20 Rodger Marker, charged with drunkenness, was fined $20 in. muni cipal court last night. Ho had not paid the fie tnls morning. II us Operation Mrs. Earl Klein of this city sub mitted to an operation for the re moval of a goiter yesterday morn ing at St. Vincent's hospital in Port land. MVs. Klein was very 111 yes terday and last night; but was much better this, morning . 'according to a long distance message received by Mr. Klein today and her condition Is regarded as being satisfactory. Linns In Business Meet . Members of the La Grande Lions club, at .the weekly lunchoon yester day noon at tho Sacajawea Inn, devoted the hour to discussion of .membership, tho Work Promotion IPlnn and the airport situation. Mem bers were urged to turn In their blanks on the Work Promotion Plan campaign as soon as possible. Assrmbly The Nature Study class of the East ern Oregon -Normal school will present the program at the regular assembly on Wednesday morning, April 13, President H. E. Inlow announces. " This is the first assembly since the opening of classes . following spring vacation last week. To Fnterprisc A. W. Nelson and daughter. Miss Lois Nelson, are spending today at Enterprise. Mr. Nelson is transacting "CUKTAIXS CUUTAINS" We are doing them for the finest homes Wo can please you too Trjr us. MODERN LAUNDRY PHONE MAIN 77 Cream nt tmriar is the only thing that can make your cakes, your biscuits and muffins as fluffy as they should be. A h Ask any dietitian, any teacher of cooking. Cream tartar is in Schilling's but not in cheap baking powders that sell for less. j Mr WANT BCQDIEIFir business and Miss Nelson Is visiting Mrs. Hnrve M. Bay. Thev exoect to iviiun una evening. In Numim anil Uuise Miss Sylvia Turn spent the past week in Boise and Nampa visiting friends. While in the former city she was the guest of Miss Betty Pal mer, a former La Grander. She has returned to resume her studies at the La Grande High school. Play (inir Here Woodson L. Patterson. John A. Trotter, Dr. Roy E. CHte and John Stout, of Baker, were In La Grande Sunday and played golf at the coun try club course. At Hippey Nome Mr. and Mrs. William Mills, Miss Carman Van Busk irk and Dr. Alpha Koester and daughter, of North Pow der, were weekend guests of Mr. and Mrs. Harry Rlppey. Divorce t A divorce was granted to Mrs. Eliz abeth Sullivan, of North Powder, from W. S. Sullivan this morning by Judge J. W. Knowles In the circuit court. There wero no children. At torneys for the plaintiff were Green and Hess. Sullivan, now In the state penitentiary serving a sentence for the murder of Homer Bidwell, has an appeal from his conviction before the state supreme coyrty In Salem . :": Mr. and Mrs. G. T. Cochran are In Salem attending a state convention of various Masonic bodies, which opened yesterday morning. After the close of the convention they plan to visit in Seattle, and with their daugh ter, Mrs. William Roberts Jr., In Spokane, beforo returning to La Grande next Sunday. At Vcilder Home Mr. and Mrs. A. J. Downing and Mr. and Mrs. Ernest Hudspeth were Sunday guests at the home of Mr. and Mrs. Weldon Vedder, returning in tho evening to their homes In Baker. of "What shall I do with these?" HOUSEKEEPING time always finds a few odds and ends "left over." WHAT SHALL YOU DO WITH THEM? . . . SELL THEM OF COURSE. Sell them for ready cash instead of lugging- them back up to the attic. An inexpensive Want-Ad will turn the trick, just Phone Main 600 OBSERVER Faculty Meeting Reports of the meeting of the In land Empire Educational association were heard this afternoon when the teachers of the La Grande High school held a faculty meeting. Those reporting were E. A. McEachran, Har old King and Arthur B. Wight. Lesion To Meet The American Legion will hold Its monthly meeting Wednesday evening at 8 o'clock at tho Sacajawea Inn. The legion Is among the organisa tions which have been active m the La Grande Work Promotion Plan, and this may be discussed during the session. Attend Meeting J. O. Wilson, of Portland, deputy head council, and Minnie Eaton Owens, district deputy of the W. O. W., were visitors In La Grande last night and attended a meeting of the local Woodman camp. Regular Drill Company E, 186th Infantry, Ore gon national guard, held a regular drill last night at 7:30 under the di rection of Captain Walter A. Bean, at the armory. Returns Home Mrs. Fred Ragsdale and son, who spent the last fortnight In Boise, returned to her home In La Grande this morning. Islands Are Ecuador's The Galapagos islands belong to the republic of Ecuador. OIHcially these form the Colon nrclilpclngo. There are 15 Inrcer and nboui 40 smaller Islands, They lie about rS0 miles west of the coast of South America, and hnve n total land area of about 2,870 squnre miles. The largest Island Is Isabella, covering approximately 1,0Tt0 square miles. Early French Presidents Louis Napoleon, the first Presi dent of the second republic, 1S48. was the first President of France, The first President of the third and present republic was Louis Adolphe Thiers, who acceded In 1871. Great Frenchman Honored Andre Mnrie Ampere was a fa mous French physicist who lived from 177D-1S3G. He showed bril liancy In mathemntics at an early age and became professor of tlmt study. lie Inter engaged in scien tific researches, particularly in elec tricity and magnetism. The am pere, the principal unit of electric current, was mimed for him. Mythological Scylla In mythology, Scylla wus a six headed, twelve-armed she-monster, surrounded by harking dogs, who lived on the rock Scylla, a promon tory very dangerous to navigation. It was on the Italian side of the straits of Messina, opposite but close to Clmryhdis, a whirlpool on the const of Italy. Many Feed on' Acorns The acorn crop Is appreciated not only by small animals but by bears and deer as well. Handles Publicity No woman ever mokes n fool of a man. She merely does the publicity work for the completed Job. Los Angeles Times. -ADS IF - . Sport Finals BAI1K HUTU HITS 2 HOMERS PHILADELPHIA, Apr. la (T Bab Ruth and Sam Byrd hit two home runs apiece and Lou Gehrig one as the Now York Yanks slammed out an opening game victory over the Phil adelphia Athleilcs 12-6. Jim Foxx and Al Simmons hit homers for the A's. The crowd was about 16,000. The score: R. H. E. New York 13 12 1 Philadelphia :. 6 11 1 Batteries: Gomez, Ruffing and Dickey; Earns haw, Deshong and Cochrane, Hevlng. Washington at Boston postponed, rain, (American). Cleveland at Detroit postponed. cold weather, (American). National League R. H. E. Chicago 4 8 0 Clnclnattl 5 10 a Batteries, Root, Bush, and Hart nctt; Johnson, Benton and Lombard!. R. H. E. Boston .. - 8 12 1 Brooklyn 3 6 2 Batteries: Brandt and Spohrcr; Hoyt, Thurston, Helmach and Lopez. Chained Library Reopened One of England's mosi famous libraries, the "chained library" nt Hereford cathedral, has been re opened after a thorough restoration. It is a relic of the days when hooka were more expensive and libraries could not afford to take chances with the honesty of their renders. So the 1,500 books were securely chained to the shelves. England has several other chained lihraiJes, though not so large as that at Here ford. Record Cypress Tree? A giant cypress cut down In the marshes of the Amite river. In Louisiana recently was wild by the ex ten s I on f o rest er of Lou I s I a n a State university to hnve been more than 1,300 years old. Its stump was 02 Inches in diameter. Burden of Small Cares The palm tree grows beneath n ponderous weight, and even so the character of man. The petty pangs of small dally cares have often bent the character of men, but great misfortunes seldom. Kossuth. Gave Name to Phrase The humorous phrase, "to bant," for dieting with the purpose of los ing weight originated in the mnk Ing of n verb from the nam Bant ing. Hunting was tho advocate of such a system, which bears his name. Europe's Oldest Kingdom Few trovelcrs know that the old est kingdom In Europe Is Denmark, land of the midnight sun nnd some of Sbokespearc's famous characters. Copenhagen, Its capital. Is the lead ing port of northern Kurope. High Arabic Title Tho word "admiral" came from Hie Arabic "Kinil el Bngh," or lord of the sen. Summing It Up A chin' on the shoulder spoils many a promising enreer. In NuUhell Don't rest upon your Inurols they make a iioor mattress. Song I Old The original version of the song, "Comln1 Through the Rye," was en tered In Stntlonera' hall, London, June 20, 17SK1, and sung by Mrs. Hen ley at the Royal Circus In n pnntrt liilme called "Unrlpqiiln Mariner." Baffled by tho Loweit There Is not so contemptible a plant or anlmnl that does not con found the most enlnrged under standing. Locke. More Time Coming Home Alnyhe.tho old-tlmor wasn't elfl clcnt, hut It didn't lake him three hours In a buggy to tell a girl good night. Los Angeles Times. "Whitewash Special" The Great Weslern railway In Kngland runs what Is termed the "whitewash special." The train carries no passengers, hut Is equipped to note every Jolt on the track nnd n splnsh of whitewash Is dropped to mark the spot for repair crews. Pathfinder Magazine. "Tom Thumb" an American The real name of "Tom Thumb" was Charles Sherwnod Strnlton. He was born in 18T5S nt Brldgepart, Conn. He died In 18811. Really Great It Is always a sign of poverty of mind, where men are ever aiming to appear great; for they who ore really great never seem to know It. Like Skating Jud Tunklns says a man tnklng office is llko a feller puttln' on snowslioes for the first time, lie thinks It's goin' to he easy to go perfectly straight and nil of a sud den bis feet get twisted. Washing ton Star. Indian Music The American Indlnns had vari ous drums; a (lute, with a scale of seven notes; a whistle, with a scale of five notes, nnd a rattle, mnde of dry gourds loaded with sund or pebbles. NO TRACE OF ALFALFA BILL THIS MORNING (Continued From Page One) boma governor last night were dls- mayed when they learned that Mur- commission, making the lnvestlga ray had apparently dropped fromjtlon. of mistreating Inmates. Since sight. A largo crowd, had gathered at Klamath Falls to greet him this , morning. No word of explanation or present 1b under arrest In Multno hls absence had been received In that ' man county on charge of car theft. city early this afternoon, Those who were with him last night saM Murray seemed disappointed that detailed arrangements had not been made at places at which he expected to speak. He was told that if ar rangements were not satisfactory it was because local Democrats were un able to obtain from the candidate an itinerary or schedule. McDonald was reminded last night that Murray had on engagement In Klamath Falls this morning. In or der to keep this appointment It would have been necessary for the governor to have left Portland on the 9:50 p. m. train. McDonald was ask ed if the governor expected to be in Klamath Falls for the speech. He la said to have replied that Murray "tries to keep all engagements." After discussion McDonald told local '. Democratic state officials to telegraph thB 'ow bld was th!lt of tn Assocl Klamath Palls that tho governor t company at 10.38 cents per would bo there. i l5""?"' , . , At the hotel here whore the Murray B"8 n approximately a million party stopped It was said McDonald B"1'0"8 of gasoline, previously sub- 1 J 11 . . m l f Art ntara ntlonfarl rpim Ininnnt checked out Murray and his baggage shortly after last night's meeting. Hotel attendants understood the gov ernor was to take the 9:60 o'clock train. Others In the hotel, however, believed it was nearly 11 o'clock be fore Murray left the lobby. Oswald West was ono of the last to see Murray before tho Oklahoma gov ernor dropped from Bight. . West said McDonald hod called a cab to the Lincoln high school audi torlum where Murray spoko. and that he accompanied McDonald and Mur. ' ray to the cab. "We'll see you loter," McDonald la ' governor entered the cab and drove away. West, Carl C. Donaugh and ' others in the group understood the two were going to their hotel, and followed a few minutes later. At tho hotel it was found the Okla homans hod checked out. So the lo- cal Democrats proceeded to tho Union station to meet them. They arrived about 20 minutes before train time out neiuier uib Buvruor nur Donald was there. The party searched through the train but they were not there, At Klamath Palls this morning the -unman porters aeciarea uio governor had not boarded xno train. , Union Pacific railroad officials to day were trying to verify a report that Murray took the Portland Rose lim ited out of Portland at 9 :30 p. m. last night, bound for Oklahoma City via Salt Lake City. in this connection it was said that the governor may have been disap- J r rf iVr ! ut0lls nro Incnistetl with convoluted Btart of tho Oregon tour, and that ... . in addition, word undoubtedly reach- tuh,os of rpulae and vcrmotus, te ed him from Oklahoma City that 8ctllcr w1" bnrnneles. mussels, cor Lieut. Governor Robert Bums, of that oll'nos nnd some true IncriiRtlne state, was reportedly contemplating a ppsslblo shake-up In tho governmen tal family. NOTHING KNOWN IIKRK A check-up today with local rail road men and local Democrats re vealed that none had any knowledge of whether Governor Murray passed through La Grando toarly this morn ing on tho Portland Boso. Timo's Changes A globe trotter wns standing at the bnr of n tavern In a tropic land when a young nnd handsome Fijian walked In. "Didn't I leave my walk ing stick hor?" he said. "Jove, I'd hate to lose It. It's not the In trinsic value of the thing, but the principle of forgetting It In a pub!" This stickler for the conventions wns Until Pope Senllolc, grandson of the cnnnlbnl king, Cnkobau, who strangled Ills father's Ave wives. Exchange. No Ons BoForo Washington Before Washington became Presi dent, the Continental congress bad elected one of Its members ench year to preside over Its meetings. In 1781, John Hnnson wns elected presiding officer with the title of "President of the United States In Congress Assembled." He was not President or Acting President, no proviso hav ing been made for a President be fore March. 178!). Longest Term Security , The longest term security Is a non recallable railroad bond Issued In 18S5 nnd due to mill lire In ami a period of 470 years. When called, the Interest paid will he about 19 times larger thnn tho prlnclpnl of $.10,000,00(1, or approximately $050, 000,000. Collier's. And Snoring A deacon from Dunkirk, shocked by henrlng a Manhattan congrega tion applaud their preacher, nsks Hie New York Amerlcnn: "Do New Yorkers condone such sacrilege?" "Well," pncltlcs the editor, "ap plause In cliurch may be iiniippro prlatc, but many Indicate Ihi'lr ap proval of the sermon by nodding." Ancient Form of Music Class basins or gobleis produc ing musical sounds by rubbing the edges with moistened fingers con stituted a populnr form of entertain ment ns enrly ns I he middle of the Seventeenth century. Splendid Memorial It Is sold that the SSOU.OOO Hard ing memorlnl at Marlon, Ohio, Is among the finest of its kind In the world. It Is a circular building 102 feet In diameter and B" feet high, set In a 10-ncre landscape park. There Is no roof, but 24 dorlc col umns, ench containing 5H tons of marble, mark the outer circumfer ence. Twenty-two fluted Ionic col umns constitute an Inner circle, wherein rest the bodies of President and Mrs. Uurdlng. BOY IS DENIED ADMITTANCE TO REFORM SCHOOL (Continued From Page One) Balllee was cleared by the welfare that time however Levey feas been reported In constant trouble and at It had been previously reported er roneously by some papers that Levey had been returned to the Institution. The hearing to decide his fate how ever had not been completed In Port land Saturday and was continued un til tomorrow. Superintendent 8aroj Laughlln, of the training school, announced to day he did not want Levey returned there and had recommended against it. The board today awarded contracts to supply road oils to the Btate for this year to the Union OH company at about $140,000, considered the low est price yet secured for oil. Seven bids for gasoline for the year, opened today on the second call for bids, wero considered by the board. but no action taken pending fur- study of prices. It was bcllovod mlttcd, were rejected. The lowest figure nt that time was 12.5 of the Texaco company. Later a proposal that tho state continue its present contract at 10.0 was submitted by the Associated OH company all bids were refused following a month's contro versy. Dr. R. E. Lee Stelner and Warden James Lewis, superintendent of the state hospital and penitentiary re spectively, were authorized by Gov. Uvo - construction of a blocfc w,thm thQ ponltontlttry walls for housing criminally insane nmftteSi Tho action resulted from the recent escape of . two inmates of the ward ftt tn0 fitnto nospltMi It woa clored Impracticable to house crim inally Insane at the insane Institu tion. The state 1b now caring for about 30 criminally Insane, Tho board of control took no ac tlon upon the reqUest of Greek lettor fraternitles at the University of Ore- gon to buy their supplies through , tho at(lte purcnasing Bgent, While no vote Wll8 tRken it was indicnted tne bonrd WBS opposed to such a imove as the fraternities are private 'institutions and state purchasing fa- cllltles were nob available to thorn. IilandV Formation The Dermudns are principally composed of aeolian limestone, con sisting mainly of blown shell dust very Irregularly stratified. The reefs ore ridges of limestone plus- tered over with thin layers of coral anU other calcarecug organisms. The cornls. . Tlioy probably rest upon foundations of nenllan rock. Unfortunate Armada The Armnda which sailed from Spain to attack England consisted of 130 ships, most of which were Spanish, but some of which wore Portuguese and somo Italian. The flagship was El Cnpltann and other capital ships were the San Martin, Santa Ann, Senorn do la Itosa, Itaba Coronoda, San Juan and San Pedro. In each ship six choir boys sang "Buonn Dlas" each morning nnd "Avn Maria" each evening. Mountain la "Tabu" Superstition mountain Is on the roiul to Apache trull and ltoosevelt dam in Arizona. Tho Indlnns be lieved that if they touched this mountain they would die. Once there was a bloody massacre there by the Apaches, so frightful that It made the mountnln tabu. Indian maidens of groat beauty were thought to Inhabit tho mountain top. Other superstitions weru coupled with it also. Chicago Complem A certain family from Chicago wero visiting nt a Virginia farm not many miles from Washington. It was their first night there. "I ll wake you up In time to feed the chickens," said the fond mother In bidding her youngest good night. Urlght and eurly the next morn ing that parent awoke to find her young hopeful sitting up In bed, rub bing Ills eyes. "Muvver," he culled over to her, "what time do the chickens det up?" Pathfinder Mag azine. Legend of Starved Rock Starved Itock, which Is a pinnacle on the south side of the valley be tween Utlcn and Ottawa, La Salle county, Illinois, derived Its name from the fact that tho last stand of the Illlnl Indians wns made at this place. They were besieged by Invading Ironuols Indians and held the rock until their supplies gave out, when they were exterminated. Implying Compliment T. L. means u compliment and Is the abbreviation of the words "trndo lasL" These words ac quired this significance from the playful custom of one person sny Ing to ono of tho opposite sex, "I hnve a trade last for you," meaning that "If you will tell me something nice that you heard about mo. I will tell you n compliment I henrd about you." The Worker Intelligent labor Is of (lie head as well as the hand. It results in a maximum of effort nt a minimum of supervision. It stamps the doer as trustworthy. The man who can boss himself is much more vnlunble than tho man who requires another to boss lilm. OrIL 14 SCHOOLS TO COMPETE IN TOURNEY (Continued From Page One) under the general direction of Miss Jennie Peterson, director of music. Schools which have entered aro La Grande, Pendleton, Baker, Athena, I Hermlston, Enterprise, Irrlgon, Un- j Ion, Lostlne, Wallowa, Imbler, Muddy j Creek, Hcppncr and Adams. - The tournament. Includes competl-' tlon In band, orchestra, glee clubs and Individual competition In In strumental and vocal solos. The high schools are divided Into three classes according to size, nnd a stiver cup will bo presented to the winners in each class scoring highest total' number of points, exclusive of solos, and a sweep stakes cup to the school with the highest number of polnta in any of the classes, Inclusive of solos. Tho advisory committee assisting Miss Peterson Includes Miss Alyce A. Hayek, of Pendleton High school; H. R. Grant, of Baker High school; and W. W. Nusbnum, of La Grande, all directors of muslo in their high schools. Solo Events in Morning Soloists will compete in the morn ing, beginning at 0 o'clock, and at one o'clock in the afternoon the en semble groups will compete. The competition will be comnleted at S o'clock In tho afternoon. i . ', Tho cups which will be awarded In each of the classes have been donated by Adler's Music Co., in Class A; Normal school, Class D; Neighborhood club, Class C; and Miss Peterson, sweepstakes. Numbers which have been selected for each of the oventa are: CLASS A Vocal Ensemble Mixed chorus "Droam Ship," Strickland. Girls glco club "Bcnuteous Morn," German. Boys' glco club "Bong of the Volga Boatman," arrangod by Wick. Girls' quartet "My Lndy Chlo," Clough-Llghter. Boys' qunrtct "Lassie o Mine," Walt. ' Instrumental Ensemble Orchestra "Lyrlo Suite," Busch. 1. Adoration. 2. Intermezzo. 4. March Joyouse. Band "Urbana," Roberts. Violin quartet "Arrival," Op. 178, No. 2. Dancla. Violin, cello and piano "Andante Cantahllo," Tschnlkowsky. CLASS B Vocal Ensemble Mixed chorus "Goln' Homo," Dvo rak. Girls' glee club "To a Wild Rose," MacDowell. ' Boys' gleo club "Ovor the Harbor Bar," Marks. : Glrte' qunirtot "Bendemccrs 8tream," Gatty. Boys' quartet "Ah I Tis a Dream," Lassen. Instrumental Ensemble , Orchestra ''Sparkling Eyes," Borto Soredy. ' Band "Trailing Arbutus," Barbott. Violin quartet "Arrival," Op. 178, No. 2, Dancla. Violin cello and piano "Andautc Cantabllo' Tschalkowsky. '! " 'I CLASS C - ".' Voml Ensemble i Mixed chorus "Neapolitan Nights," Kerr-Zamccnlk. Girls' glee club "Slumber Boat," Gaynor, Boys' glco club ''Ovor tho Morn ing Ben," WllBon. Girls' quartet "Sundown," (Lon don derry Air), arranged by Wilson. Boys' quartet "Gypsy John" Swift. Instrumental Ensemble Orchestra "Homeless," Arthur Soredy. Bnnd "Japanoso Sunset," Doppen. Violin qunrtot "Arrival," Op. 178, No. 2, Dancla. Violin, cello nnd piano "Andnnte Cantabilc," Tschalkowsky. Solo Events Oirls' high voice "A Bowl of Rosos," Clark. aii'ls' medium volco "Daffodil nAlri." Wnfltfflon. Girls' low volco "The SweetcBt Flower that Blows," Hawlcy. Boys' high volco "Brown Bird Singing," Wood. Boys' medium volco "Tommy Lad," Margetson. Boys' low voice Fleo as a Bird, Dana. Violin "Concertino Op. 25 D Ma lor," Rlcdlng. (First and second movements only, Allegro nnd Adagio). Cello Berceuse "Jocelyn," God ard. Cornet or trumpot "Aphrodite (Caprice)" Goldman. Trombone "Am Mecr," Schubert; Bnrltone "Thon You'll Remember Mo," Balro. Flutj "Spring Song," McndelBsohn Horn "The Palms", Fouro Base horn "ABlcep In the Deep," Pctrler Clnrlnct "Premier Amour," Vcr roust. Saxophone "La Caress," Bnrroll. Piano "Walt?. C sharp Minor" Op. 04, No. 2, Chopin. A nominal fco Is being charged for the evening concert. Another Abdication The dethronement of mnn is the cnuse of tho breakdown of the Amerlcnn home, snys some one. You nre right; a man snld It. Los An geles Times. STOCK EXCHANGE LEADER DEFENDS ITS OPERATIONS (Continued From Page One) of April 7 as 3.840,803 shares, crease of 214,033 from the provlous market day. Between the opening of Apr. 1 and of Apr. 7 "during which period a very drastic decline had taken place," he stated, "thero has been a reduction In tho short account of 420,503 shares." Claude Branch, of Providence, R. I., tho committee's counsel, said It did not seem to him "at the present time worth while to go Into detail Into previous short accounts." "You merely desire the firms In which short accounts reside at tho present time?" asked Whitney. Branch replied It was agreeable to him. He asked if a chart submitted yes- You Save At The Bankrupt SALE MlKHVfl :im1 Children's Ankle Sox Not regular 15c ones but 25c ones for 16c, And they are this spring's best sellers too. A critical examination - will convince you of their value. Rayon Mesh Hose A Bear Brand hose In a quality that looks like silk and gives ' splendid service. New 38c spring shades N. P. Woods Sales Service Selling Out the Conner Store terday by Whitney did not show that . generally nn Increase in prices was accompanied by a decrease In short Interest. "No," Whitnoy said, "usually a de cline In prices was accompanied by a dccllno In the Bhort Interest, . Whitney agreed that during June, 1B31, the market went up, while there was a great decline .In the short interest.- He pointed out, however, that tho :: moratorium . announcement j came . Juno 20. . Much Liquidation of Late The chart showed a very marked . Increase In the total short . Interest ' slnco November, while the Uqulda- ' tlon has been continuous, except for ; short periods. ' . ( Branch said .he felt it would be. J "better to defer most of the exam- i i inatton until the statistics called - for in. tho subpoena are forthcom- ,'t Ing." . ; Whitney has told the committee ; that will take several days. .; "Undoubtedly there will bo further statistics, not mentioned In tho sub poena that will be required," Branch said. Branch began questioning Whitney closely concerning specialists persons who deal In only ono group of tho stocks on tho exchange and whether thoy have given Information Improp erly. , "Thero might be a very serious situation, might there not," tho at- torney asked, ''If a specialist lmprop- : orly divulged information concerning stop orders?" . . ' 'f '' "' "There might bo," Whitney re- . piled. "Do you know whether any spe cialist has divulged Buch Informa tion improperly?" Branch pursued. ; Whitnoy replied he believed there have been such cases In the post but thoro have been no specific charges of such violations recently.- "Thero have been rumors," he salo. There are rumors about . every thing." ' Then ho added, "Wo haven't Dad that lately, that was in the early days of the decline". ' Whltnnv explained there IB a BD6-. . clal committee responsible for see- !, Ing tlmt information is not given Im properly. New Restrictions niscussea .v The now restrictions on loaning stock which wont Into effect April first had Increased rather than de creased tho supply of stock for loans, -ho said, and the now rule has shown no effect on tho amount of short soiling. "It novor was intended to nave, any effect on short selling," he added. Senator Couzens, Republican, Mich igan, questioned Whitney about agreements between customers and brokers regarding the loan of stock. "I understand," Couzons said, "It Is quite posslblo for a broker to use a customors stock to depress tho prlco of the customers stocks." "I deny that," Whitney said. "Dony what?" Couzons asked. "That a broker may use a cus tomors stock to doprcss the market. That is absolutely a violation of our rules." "How do you prevent It, when It happens?" "When It happens?" returned Whit ney. "Oh, yes," Couzons Bald, "thoro is no reason for being so lnnocont, 16 docs happen." . Recalls One Instance Whitney said the lost time he heard of it happening was In 1920 or 1921 when E. W. Wagner and .com pany of Chicago was expelled from tho exchange for an action which ho snld "wns nothing less thnn a buck et shop operation." "Slnco then," Couzons said, "you, havo been ablo to obscure all Buch operations?" "I don't think they havo taken plnco." Whitnoy rejoined. '- Exchange Rates Are Lower . . o because less auto acci dents occur in the country than In the city. Then why pay high Insurance rates based on city traffic? j Hero' Is a clean cut policy pro tecting your car, or any damage to others caused by It. The rates ; aro based on the low accident risk of rural traffic. The rates are tho lowest obtainable and the service Is the best. FARMERS' AUTOMOB1TJS lotar- INSURANCE EMbs. II. I!. PARKER, Agent La (Inutile Nut'l. Itank llldg. ; I'liouc Mnlu S0
