The Bismarck Tribune Newspaper, July 1, 1933, Page 1

ri Experts Pr s North DaKota’s Oldest Newspaper , ESTABLISHED 1873 a THE BISMARCK TRIBUNE GRAIN MARKET AND SECURITIES PRICES SHOW SHARP GAINS Wheat Again Tops Dollar Mark At Chicago and Is Strong At Close CORN, OATS ALSO ADVANCE Wall Street Sees Brisk Trade as , Bulls Again Take Control of Situation Chicago, July 1—()—Grain mar- kets started back up the hill Saturday hard on the heels of a crop estimate indicating the smallest grain crop in thirty years. Wheat pushed above the dollar mark again, the May de-/ livery closing above that figure and December just below. No new price records were established although wheat closed as much as 3% cents| higher. | Buying was in evidence from the; start and wheat opened 3% cents a bushel higher. Some declines were fol- lowed by later gains and the market ‘was generally strong all day. Decem- ber wheat touched the magic dollar mark but closed off at 99%. May closed at $1.03%. Corn was higher with the maximum gain being 2% cents. December closed at 63 cents and May at 68%. Oats scored a gain of 2% cents which almost carried the December} contract to half a dollar, touching! 49% and closing at 49%. Fresh bullish enthusiasm swept ‘Wall Street, the dollar slumped in terms of foreign currencies coincident | with word that President Roosevelt | was standing pat against immediate currency stabilization. Markets which recently had been ig- | noring foreign exchange fluctuations appeared much interested in the re- iteration of the. president's attitude. although other factors, including hot | weather damage. to crops and favor- able business -statistics, were influ- ential. } Share prices on the New York stock exchange generally climbed $1 to more | than $3 in a large turnover and the; market reached new high ground for the year. Cotton jumped more than dollar a bale. NEW COTTON CODE IS EXPECTED 10 BE | EFFECTIVE JULY 47, \ | 100,000 Idle Men May Go Back’ To Work Within Year Un- der Agreement Washington, July 1.—(#)—Cotton textile makers Saturday began the tremendous task of adjusting their organizations to the code of competi- tion, effective perhaps on July 17, by which 100,000 idle are to be put back; at work. Their efforts were spurred by offi- cial commendation of the voluntary agreement guaranteeing minimum wages of $12 a week in the south and $13 in the north for not more than 40 hours work. The job-spreading results from the 40-hour week. It will take more men to do the same work if all work less than at present. This was the first such agreement reached by one of the big ten indus- tries under the National Recovery Act. If President Roosevelt approves by Monday it becomes effective July 17. If not, it applies the second Mon- day after he does. Hugh 8. Johnson, industrial admin- istrator, already is considering some comparatively minor points yet to be worked out. But indications were that the code would receive his early endorsement.” With this code beyond the hearing stage, Johnson expected to start soon on others for big industries. He said four were about ready, but declined to name them. Unofficially, it was explained the next hearing—at least 10 days off—would be on coal, oil, steel or Iumber. Langer Says Dailies Are Lying to Public Devils Lake, N. D., July 1—()— Charges that the daily press of the state has failed truthfully to report news concerning administration activ- ities were made here by Governor: ‘William Langer. . In an address before the Ni Dakota Holiday association conven- tion Thursday night, the governor attacked the Grand Forks Herald, the Minot Daily News, the Fargo Forum, the Bismarck Tribune and the Asso- ciated Press, criticizing them for their news reports. He, however, did not specify the nature of the alleged un- truths. S STEEL MILLS BUSY Youngstown, O., July 1—(#)—De- spite the holiday next week, steel! production in the Youngstown district will expand to 60 per cent of capacity,! or sbout what the industry regards as “normal” operations, mill schedules showed Saturday. 1 | | State Organization Also Wants/ As Wheat Pit Boiled at the Dollar Mark This picture shows the floor of the Chicago Board of Trade, largest grain trading center in the world, when wheat quotations were novering ar und the dollar mark and other grains were riding Trading was the most feverish since the depression. bigh. FARMERS HOLIDAY ASSOCIATION ASKS | COINAGE OF SILVER; Bank of United States to Control Money Devils, Lake, N. D., July 1—(}— Resolutions favoring free coinage of silver and establishment of a Bank| of the United States were among sev-) eral adopted here Friday at the clos- ing session of the North Dakota/ eloraeh Holiday association conven- tion. Milo Reno, national president of the Holiday association, urged the farmer and the laborer to “stand shoulder to shoulder so that you may have what you are entitled to.” In another address, Congressman William Lemke scored the interna- tional bankers and expressed his fa- vor of a United States bank. He ad- vocated quick payment of the soldiers) bonus. The convention, in other resolu- tions, declared the national adminis- tration has failed to provide relief for the farmer. That the price of livestock has not improved but in- stead is declining; condemned the lending of money to foreign coun- tries; advocated removal of any field inspector or county agent who works against the best interest of the farm- er and favored a livestock strike to be called soon. Favor River Diversion The association voted unanimously in favor of the Missouri river diver- sion project and asked its specdy de- velopment by the federai government. Officials estimated eight thousand) members were in attendance. Another resolution favored the use of a bushel price in purchasing land instead of the dollar price. In any contract hereafter entered into by any Holiday member, the price agreed upon “shall be a bushel price instead of a dollar price” and the basis of the dollar in consideration shall be deter- mined by the 1926 wheat price, the resolution said. Whenever payment shall be made on such contract, the resolution said, the amount of bushels sold to make such payment .must carry the 1926 price and be credited on the contract. Buyer and seller shall also include mortgagor and mortgagee. 4,000 in Attendance At Lutheran Meeting Fargo, N. D. July 1—(/)—Four thousand delegates, singers, pastors and visitors gathered in the North Dakota Agricultural college audito- rium here Friday night for the open- ing session of: the. seventh interna- tional convention of the Young Peo- ple’s Luther League and Choral Union, which will continue in session through Tuesday. | Gov. William Langer, honor guest at a dinner preceding the opening session, gave a short address. Langer stressed the contribution which schools, churches and such groups as the Luther League and Choral Union have made to the cul- tural development of the church. MOTOR MAKER KILLS SELF South Bend, Ind., July 1—(7)—Al- bert Russell Erskine, 62, former pres- ident of the Studebaker Corporation, committed suicide at his home here shortly before noon Saturday by shooting himself through the heart. Byrne Is Honored By U. S. Secretaries Chicago, July 1—() —Robert Byrne, secretary of state of North Dakota,! yesterday was elected president of the! National Association ef Secrstarics cf State at the association's 1éth annual meeting. edict BISMARCK, NORTH DAKOTA, SATURDAY, JULY 1, 1933 Jury Holds Gammons Guilty Several Offices Change As New Biennium Begins “MeCay Becomes Fire Marshal; Several Other Appointments In Prospect Beginning of the new 1933-34 bien- nium for North Dakota's state gov- ernment Saturday brought some changes in offices. with sevaral others in prospect. J. H. McCay, Selfridge, appointed state fire marshal by Governor Wil- liam Langer, took over the office from H. L, Reade. The new marshal appointed ‘J. ©. Quinn, Selfridge, as; his deputy to succeed Frank Barnes. Warden C. C. Turner of the state Penitentiary became superintendent of the state bureau of criminal iden- tification under a new law which pro- vides that the warden assume those duties without extra compensation. Gunder Osjord, superintendent of the crime bureau since its creation, term- inated his duties Saturday. Fay Hunter, his assistant, remained in charge. The legislature failed to provide an appropriation for operation of the crime bureau, but some of the ap- Propriation of the 1931-33 biennium remains and the department is ex-/ pected to be operated on this for a brief period. It was not definitely known in official circles just what ul- timate plan would be worked out for operating the bureau. One other em- Ploye also remained on duty. He is Herman Sortomme, assistant finger- print man. Turner's Term Expires Warden Turner's term expired Sat- urday, but no action has been taken on appointment of a successor by the state board of administration. The board also has before it the expira- tion of the term of W. F. McClelland, superintendent of the State Training school at Mandan; but-has made no expression as to whether he would be reappointed. 5 The capitol commission law, which became effective Saturday, gives su- pervision of the project to the state board of administration. With the three appointive members of the board now serving as successors to the resigned members of the old com- mission, the only change will be the addition of the two ex-officio mem- bers, Superintendent of Public In- struction A. E. Thompson, and Com- missioner of Agriculture and Labor John Husby. Miss Laura. Sanderson's term as a member of the board of administra- tion expired Saturday, but the gover- nor has given no indication of what he will do about reappointment or naming of a successor. The governor was out of the city Saturday. Numerous applications for Miss Sanderson's position have been re- ceived by the governor. Mentioned as @ candidate for the appointment is State Senator D. H. Hamilton, now working for the state highway de- partment. \ Ser ‘8 Term Ends Gilbert Semingson, state bank ex- aminer, terminates his term Saturday as the result of a law passed by the last legislature. His term would have expired in 1935, but the new law pro- vides for a new appointment begin- ning today. nization of the board of ad- ministration, for the new biennium is scheduled at its next monthly meet- ing, which had been set for July 3. It was said at the board's offices, however, that the meeting probably would not be held until later in the week because of absence of Nelson Sauvain, chairman, who today went to Grafton, and from there will go to Grand Forks and Mayville. . Board members here said they did not know whether appointment of heads of the penitentiary and training school would be considered at the next meeting. RAILROADER KILLS SELF Chicago, July 1—(#)—Charles An- drew Cairns, 72, former executive of the Chicago and Northwestern rail- road, committed suicide Saturday by Shortest Crop in Years Announcement Made by Spokes- man for American Del- egation at London STATEMENT IS PROMISED United States Attitude to Be Made Clear by Secretary Hull Monday London, July 1. — (P) — President Roosevelt rejected the joint currency proposal for solving the stabilization problem in the world economic con- ference in its present form. | American headquarters made this‘ brief announcement saying that elab-| oration of American policy regarding stabilization would be made Monday | The announcement for which the| world was waiting was made orally by a spokesman of the delegation Li) said: i “The president has notified the sec-| retary of state that he has rejected the proposal in its present form. ; “The secretary of state will, on Monday morning, make a statement elaborating upon American policy as it applies to this subject.” It was immediately noted at the delegation headquarters that Presi- dent Roosevelt apparently had left the door open for approval of the pro- posal with alterations, in view of the expression “present form.” Statement Favored Gold The statement was known to have ‘set forth the determination of the gold-bloc countries to stay on the gold standard and to plan for the re- turn of non-gold countries to the yel- low metal eventually. It was believed that all reference to stabilization had been remoyed from the statement before it was submitted to the American executive, leaving him free to express a [eit ineattore was called to consider a wheat acre- tude toward the plan which cal feed the Federal Reserve Bank of New ase renie Honnseneme Ceewred py | York to join other central banks in representatives of the four major a= wheat exporting countries at ie |amiog ube ouchahiarpacola: 3.02 world economic conference. ‘Afterward, it was understood, the} It. was suggested in some Americap premiers reached a satisfactory deci-| Australians to Support Wheat Cut Sydney, Australia, July 1—(#)— Premiers of Australian states agreed on @ plan to restrict wheat exports during a ‘meeting with the central government Saturday, it was learned authoritatively. The meeting, which lasted all day, ston which will be considered by the; federal cabinet and cabled to Stanley M. Bruce, Australian minister to Lon- don. because it strongly stressed gold, in ‘view of the American proposal to use | silver as a part of currency reserves. ‘The cabinet will meet Sunday toj French Will Stick consider the terms and the message! Word from Paris said that, after a to be sent Bruce. |French cabinet meeting, it was an- {nounced that France will remain at lthe world conference and continue its ‘tight for the gold standard. | “The program submitted to Roose- follows: 1, The gold standard in all coun- tries still on the gold basis, should ‘CHARGES FOR CHECK | shall return to gold when possible. ‘Customers Will Be Assessed| 3. Each country independently shall A determine the time and rate for even- Measured Service Fees by | tual stabilization; 4. The nations now on gold are Local Banks determined to maintain their position at all costs. | 5. Countries with a depreciated A system of measured service| currency should note the stand taken | charges for checking accounts was | put into effect Saturday by the Bis-| marck-Mandan Clearing House asso- ciation. The charge in every case is deter- mined by the number of checks drawn and the size of the balance carried. ;By maintaining a larger balance, or keeping within the free check limits, the depositor can eliminate the serv- ice charge for the checking account. For a depositor whose average daily balance is between $.01 and $99, a base payment of $.50 is charged. The depositor then is allowed issue 10 checks against his account without further charge. For each check over 10 he will be assessed four cents. From depositors who maintain av- erage daily balances of $100 or more, no base payment is required. If the average 1s between $100 and $200, the depositor is allowed 20 free checks against the account. If the average is between $200 and $300, he is al- lowed 30 free checks. In short, average balances of $100 and over are allowed one free check for every $10 of average balance. Business accounts having consider- able activity are subject to individual analysis, it is announced, otherwise | no exceptions are being made to the new system. The new charge 1s called the meas- ured service charge, it is explained, | because each depositor whose account is carried at a loss is charged in di- rect proportion to his use of the | checking service. A booklet explaining the new sys- tem is being distributed to every de- positor who has a checking account in the member banks of the Clearing | House association with his or her bal- |ance reports for June. Members of the association are the First National Bank of Bismarck, Dakota National Bank and Trust company of Bismarck and the First | National Bank of Mandan. by the gold countries. PRESIDENT LEAVES ON CRUISER FOR WASHINGTON Campo Bello Island, N. B., July 1.— (®)—President Roosevelt said Satur- day no formal agreement has been reached on currency stabilization at the London economic conference. The comment was made prior to the pres- ident’s departure for Washington aboard the cruiser Indianapolis. Roosevelt, it was disclosed, was in communication with the American delegation at London Friday night. The president believes the persis- tent reports of an agreement on cur- rency stabilization are expressions of the desires of some governments for stabilization. If any agreement’ was proposed Friday night it is unknown. But most certainly none was sanctioned by the president who believes per- manent currency stabilization is im- possible until all nations are on a more permanent money basis. Finding a bright sun and clear weather upon awaking Saturday, Roosevelt decided to start in the af- ternoon on his return cruise to the capital. See New Mark for Trans-Nation Hop (By The Associated Press) Roscoe Turner was beating his own record time across the country Sat- urday in the $12,500 air derby which jin its early hours was marked by tragedy. As Russell Boardman lay critically injured in an Indianapolis hospital after crashing on his takeoff there, Turner burned his way on across the skies and landed at Albuquerque for fuel at 12:29 p. m., Eastern Standard | Time. At this point Turner, who estab- lished the present east-west record of 12 hours 33 minutes last year, was only eight hours and 40 minutes out ‘ | GREAT NORTHERN GETS LOAN Washington, July 1—(?)—The Re- construction Corporation today au- |thorized a loan of $6,000,000 to the Great Northern railroad toward | quarters that the president may have, \disapproved the latest draft statement | i i } ceipts Prevents Immediate Redemption in Cash ORDERED BY COMMISSION Fathers Received No Bids for Purchase of Certificates of Indebtedness Registering of Burleigh county war- rants was begun Friday afternoon by County Treasurer Ernest Elness upon order of the board of county commis- sioners. A deficiency in tax receipts and in- ability to sell county certificates of indebtedness last week has brought the county's cash reserves down to “bed rock,” it was explained by George F. Will, chairman of the board, and County Auditor Clair G. Derby. Treasurer Elness said the county still has some cash reserves available but that the board decided on the registration procedure, effective im- mediately, to preserve what cash is left on hand. ‘The treasurer said that 23 warrants were presented to his office Friday afternoon. These warrants will be registered in the order received by the treasurer and redeemed in cash in the same order when money becomes available through tax payment re- ceipts. Obtained No Bids No bids were presented last week to the commission for the purchase of certificates of indebtedness. These certificates, had bids been received and accepted, would have been issued in anticipation of tax receipts. All warrants issued for claims against the county in June, including regular bills as well as salaries for all employes, are being registered. About half the counties in the state are registering their warrant#, it was estimated by R.'M. Stangler, manager of the Bank of North Da- kota, Saturday afternoon. Stangler said that the Bank of North Dakota does not do business with all counties of the state and con- sequently has no accurate informa- jtion, but said he felt safe in saying that half have begun registration. “On the other hand,” he said, “one would be surprised at the number of counties that are in first-class finan- cial condition. We have received re- ports from a number of counties in- dicating that they have not one dol- lar's worth of indebtedness.” The northern tier of counties has been particularly hard hit, he said, although some of them are in good condition. Morton county has been registering its warrants for the last year and ivelt, it was learned was virtually as!McLean county, another neighbor of Burleigh, recently began registration also. AVIATOR KILLED IN BIG ITALIAN FLIGHT Fatality Occurs as Squadron Lands at Amsterdam En Route to Chicago Amsterdam, Holland, July 1—()— One man, Sergeant Quintavalle, died of suffocation on the arrival here Sat- urday of the Italian air fleet from Orbetello, Italy, en route to Chicago, as one of the 25 seaplanes capsized, as it alighted. Despite official denial it was dis- closed that the non-commissioned of- ficer was killed and four other mem- bers of the crew of his ship were badly hurt in the landing accident. In some quarters it was said that the. projected departure Sunday for Londonderry on the next stage to- ward America, probably would be Postponed because of the fatality. Legion Juniors to Begin Baseball War Elimination contests to select the state champion Junior American Le- gion baseball teams in North Dakota will get under way in the various counties next week-end, W. P. Ellison, department athletic officer, announced here Saturday. County tournaments, Ellison said, will be conducted July 8 and 9 with all district tournaments scheduled for the following week-end, July 15 and 16, except the one at Mayville which is set for July 22 and 23. District winners will battle for state honors the last week in July. Ellison said the site for the state classic will be determined next Monday or Tues- day. Britain and Russia To Halt Trade War London, July 1—()—The foreign office announced late Saturday that the British trade embargo against So- viet Russia will be lifted tonight and at the same time the two British en- of New York. On his former flight] gineers imprisoned in Moscow, L. C. cutting his throat in a suburban hos-! meeting interest requirements due|it took him nine hours and 11 min-| Thornton and W. L. MacDonald, will pital. jJuly 1. Jutes to get to Albuquerque be released ROOSEVELT REJECTS |Etness Registering JOINT PROPOSAL T0| Burleigh Warrants STABILIZE CURRENCY |netcenoy in county Tax Re NASH, FINCH FIRM WILL CONSOLIDATE BUSINESSES HERE Wholesale Firm Moving Stone, Ordean Wells Stock from Mandan to Bismarck In line with the recently-announced purchase of the Stone-Ordean-Wells company by the Nash-Finch com- pany, the Mandan branch of the Stone-Ordean-Wells company Satur- day became the property of the Bis- marck Nash-Finch branch, according to S. D. Dietz, manager of the Capi- tal City concern. Both companies for the time being will be operated through the Bis- marck office, Dietz said. The stock of the Stone-Ordean- Wells company will be moved to Bis- marck, Dietz sald. The warehouse here is owned by the Nash-Finch company while the warehouse in Mandan is a rented building. Though no definite plan has yet been announced by the Nash-Finch headquarters, Dietz said, undoubtedly the working staffs of the two branches here will be merged and reorganized. The work of moving the stock from Mandan to Bismarck was begun Sat- urday. Moving operations are ex- pected to take a few weeks. Involved in the purchase are seven branches of the Stone-Ordean-Wells company of Duluth, located in North Dakota and Montana. H, B. Finch, president of the Nash- Finch company, Minneapolis, an- nounced that purchase was an econ- omy move. “The deal was consummated for reducing the number of jobbing houses in the district and will serve to reduce the cost of foodstuffs to the consumer,” he said. The branches purchased are at Minot, Grand Forks, Fargo and Man- dan in North Dakota and Great Falls, Billings and Glasgow in Montana. Among brands of canned goods handled by the Stone-Ordean-Wells concern were Hiawatha, Stone and 8. O. W. Empress brand was the leading coffee handled by the Duluth concern. These brands, in addition to all other stocks of the Duluth con- cern, are being taken over by the new owners. NAZI CHURCH CHIEF SAYS HITLER WILL JOIN PROTESTANTS Will Leave Catholic Faith and Urge Other Germans to Follow Him Berlin, July 1.—(#)—The Rev. Lud- wig Mueller said Saturday Chancellor Adolf Hitler will join the new Na- tional Evangelical Church of Ger- many and waive his Catholic faith as soon as Mueller’s work of reorgan- izing German Protestantism has been completed. He made this announcement to a group of three pastors of the Bodel- schwingh faction who appealed to him to rescind his order that thanks- giving services be held in the church- es Sunday, with the display of Nazi and state flags. The Rev. Frederick von Bodelsch- wingh recently was elected bishop of the Reich by church groups, winning out over Mueller, the Nazi candidate, who subsequently was designated to reorganize the Protestant faith. Mueller asserted Chancellor Hitler will urge German Catholics to join the new church. y President Paul von" Hindenburg, himself a staunch churchman, previ- ously had taken a hand in the fast- developing religious controversy. In a letter to Hitler, the president asserted the evangelical Christians are “profoundly anxious concerning the church’s inner liberty” and asked the Nazi chieftain to “find a way to restore peace.” Drum, Bugle Corps Will Go to Beulah Bismarck’s American Legion drum and bugle corps Sunday will go to Beulah to present exhibitions at the opening of the Mercer county city’s three-day Fourth of July celebration. More than 30 members of the corps are expected to make the trip, ac- cording to 8. 8. Boise, director. The drummers and buglers will be taken to Beulah in automobiles vol- unteered and driven by businessmen at the request of the association of commerce. Drivers are instructed to be at the World War Memorial building in time to leave at 10 a. m., according to H. P. Goddard, secretary of the associa- tion. The Bismarck delegation will return to the Capital City Sunday night. Weather Report Probably showers late tonight oF Sunday; slightly warmer tonight, PRICE FIVE CENTS {4 HOURS REQUIRED TO REACH DECISION IN DISTRICT COURT Defendant Was Accused of Em- bezzling $600 from North Dakota Funds CASE LASTED FOUR DAYS Claim That Money Was Used To Hire Wife Denied by Former Governor BULLETIN John Gammons was sentenced to serve seven years in the state penitentiary at 3:30 o'clock Sat- urday afternoon. Sentence was Passed by Judge Fred Jansonius. John Gammons, former secretary of the North Dakota industrial com- mission, was found guilty of em- bezzlement by a jury in Burleigh county district court here at 4:50 o'clock Saturday morning. He was accused of taking $600 from state funds. The penalty for embezzlement is imprisonment for up to 10 years. After a conference with his attor- neys Saturday, Gammons said an ap- peal would be taken to the supreme court. Sentence was set for 2 p. m., Satur- day but was delayed for 45 minutes. At 2:45 p. m., counsel for the prose- cution and defense began statements to the court, in order that he might have their views before pronouncing sentence, Attorney General A. J. Gronna re- commended a sentence of 10 years un- der a statute providing one to 21 years for embezzlement while Sullivan, de- fense counsel, recommended Gam- mons be sentenced under a statute Providing 1 to 5 years imprisonment for embezzlement. A third statute provides for a term of 1 to 10 years irsprisonment. Having begun its deliberations shortly before 6 o'clock Friday eve- ning, the jury of eight men and four women reached its verdict after ap- proximately 11 hours, On the first ballot, eight voted for conviction and four for acquit! A verdict for conviction was reached on the fifth ballot. Votes on the second, third and fourth ballots were nine to three, 10 to two and 11 to one, with those for conviction predominat- ing. Seven Hear Verdict When the jury came from its de- liberation room into the court room, those in the court room included Gammons, Cameron, Assistant Attore ney General Milton K. Higgins, State’s Attorney George 8. Register, Clerk of Court Charles Fisher, Judge Jansonius and Court Reporter ford Jansonius. When the judge asked if the had reached a verdict, Mrs, Gerteude Scallon of Wing, foreman, replied “yes.” She then delivered the writ- ten verdict to the clerk of court, who read it aloud. Cameron then announced that it was probable the defense would de- sire to make some motions before sentence was passed and Judge Jan- sonius tentatively set, the time for passing sentence at 2 o'clock. Gammons was found guilty of converting to his own use $600 in interest on the $20,000 military his- tory fund which was on certificate of deposit in the Bank of North Da- kota. This interest accrual became due Aug. 17, 1931, and testimony showed that he had withdrawn the interest and placed it in the First National Bank in the account of “John Gammons, sec.”, later making withdrawals from this account. Four Days of Ti For four days witnesses had been examined, eight for the state and three for the defense. Gammons himself was on the stand for 10 con- secutive court hours, most of the time under rigorous cross-examina- tion by Assistant Attorney General Higgins. The state presented 75 exhibits in evidence, more than 50 of which were accepted by the court. All were in- struments or documents of the Bank of North Dakota, First National Bank of Bismarck or the industrial com- mission. The other two defense witnesses, Mrs. Gammons, the defendant's wife, and Mrs. Carrie E. McGuiness, sten- (Continued on Page Two) Chicago Promoter Is Kidnap Victim Chicago, July 1—(#)—Kidnappers ambushed John “Jake the Barber” Factor, millionaire promoter, early Saturday. Reports they asked $100,000 to $150,- 000 for his safe return were prevalent as friends directed the search for him from headquarters in a Loop hotel. All inquiries, however, were met with smiling silence, and the com- ment “please do not hinder our work.” Closeted in the hotel rooms, the same suite from which negotiations were carried on for the release of Factor’s son, Jerome, from kidnapers, were G. Gale Gilbert, the promoter’s Personal attorney and friend; Leon Bleet, “personal representative” of Factor; Jerome Factor, and Lieut. Leo Carr, formerly of the Secret Six, who unofficially aided Factor in the return of his boy. Gilbert refused to say whether cone tact had been made with the kid- napers. The son, likewise, refused to give any details of the abduction, and answered all questions with the reply: “all I want is the safe return of my father.” f=