The Bismarck Tribune Newspaper, December 21, 1935, Page 7

} ' BANKERS LSE OUT AS GN TAKES RECS BOND ISSUE OFFER $30,000,000 to Be Saved Over 10 Year Period By Re- financing Step . 8t. Paul, Dec. 21.—()—iDrectors of the Great Northern railway, so privi- leged by stockholders, Saturday held an open right-of-way to a bonds deal with the government calculated. to save the road $30,000,000. Stockholders assented to a propos: al of the Reconstruction Finance cor- Poration to absorb at 4 per cent the surplus of a: pending $100,000,000 bond issue which bankers described as the greatest railroad financing move in recent years. Over the ten-year period during which the issue would mature, W. P. Kenney, Great Northern president, said, the savings in interest and un- derwriting costs will aggregate $3,- 000,000 a year, or $30,000,000 in the final total. Jesse Jones, RFC chairman, under- 4 bid railroad bankers, who offered 5 per cent. Stockholders representing 71% per cent of the company’s out- standing stock accepted the RFC plan Friday. The refinancing issue will be used, Kenney said, to retire bonds on which the railroad has been paying 7 per cent. Jones had said the road would be paying “entirely too much” for the plan of private bankers to accept the bond issue at 5 per cent plus an un- derwriting fee of $1,000,000. Clemency Appeal for Hauptmann Is Ready| Trenton, N. J., Dec. 21.~()—Bruno/| ¢ Richard Hauptmann’s counsel moved quickly Saturday to complete an ap- pead for clemency to New Jersey's pardons court, making a decision oane the Christmas holidays pos- sible, The petition, with the necessary sanswers to 34 questions, may be filed with the court clerk, Albert B. Her- mann, late Saturday or Monday. Governor Hoffman may summon the court to consider commutation of the death penalty to life imprisonment between Christmas and New Year's. Boy Scolded for His Christmas Idea Hangs Portage, Wis. Dec. 21.—(P)—A 13- year old boy who, the coroner said, was severely reprimanded for a mis- guided two-dollar attempt tq bring Christmas cheer into his home, wat: dead Saturday—a suicide. Coroner W. E. Brauer said investi-| gation of the death of Harold Millard. whose body was found hanging in the garage at his home Friday, disclosed that the boy’s desire to buy Christ- mast gifts prompted him to take from his father’s coat. The family is on relief. N.D.COCBOYS SENT $1,404,000 10 HOMES CCC Paychecks Reach Into Mil- lions, Bulk of Monies Going to Dependents Washington, Dec. 21.—(#)—Parents and other dependents of Civil Con- servation Corps workers in’Wisconsin, Minnesota and North Dakota have re- ceived more than $15,000,000 from CCC pay checks since inception of the| camps, Figures made public by Robert |Fechner, director of emergency con- servation work, showed the following amounts sent home in the period from April, 1933, to Nov. 30, 1935: . Minnesota, $7,714,000; Wisconsin, $6,369,000; North Dakota $1,404,000. Thirty dollars a month is the basic pay allowance and $25 of this is al- lotted to practically all dependents. En- rolment for the three states as of Sept. 20, 1935, was Minnesota, 39,026; Wis- consin 37,973 and North Dakota, 13,348. 4 Men Charged With Kidnaping Housewife Los Angeles, Dec. 21.—(#)—Four men charged with kidnaping a young housewife were held under $25,000 bond each Saturday. Conviction may result in the death penalty. Police are seeking five others, al- leged to be members of a gang of nine who abducted, assaulted and robbed Mrs. Gertrude Stark, Dec. 15. | The four men held are Fred Ace- vedo, Frank Lopez, Jose Espinosa and Richard Contreras. Boys, Girls, Get a Champion GAME Road Race FREE at any Phillipps 66 Station in Bismarck. Just ask your Dad to buy five gallons of PHILLIPS 66 POLYMERIZED GASOLINE BISMARCK OIL CO. Distributors of Phillins Products in Bismarck e Fin est of Foods e Tastefully Prepared © At Economical Prices always get their MARCK TRIBUNE Readers can paper at the News Stand in the POWERS HOTEL, FARGO. OS ONLY - CURTIS HOTEL MINNEAPOLIS, Convenient to Shops and FIREPROOF HOTEL NEW CENTER OF THECITY Theatres and yet quiet .. Three Cafes . . Garage . . One block of beautiful Lobbies . . Library . . Interesting Shops . . Dancing Daily . . Sunday night Musicales . . Resort information . . Highway, Reil- toad, Airplane and Steamship information . . the new Tur- quoise Lounge. . Beoutiful Ball Rooms and Banquet Rooms. e MAIN DINING SALON PRICES [mtd Facies ah UNCHEONS . EVENING DINNER .: ALSO ACA CARTE Air CONDITIONED DINING ROOMS AND Losses GUEST ROOM PRICES 74 RRoMa. PRIVATE BATH, 21 ROOMS, PRIVATE BATH. TWi OTHERS EN SUITE WITH BATH - DOUBLE BED 8.00 TO 10.00 AVENUE .GARAGE FEE (8 TO 18 HOURS) Soc Cypen ve YOUR CAR AT MAIN ENTRANGE. TENTH STREET AT eee THE BISMARCK TRIBUNE. SATURDAY, DECEMBER 21, 1935 HERE’S A JINGLE ABOUT KRIS KRINGLE By HELEN WELSHIMER If you haven’t finished shop- ping You have little time for stopping To think about the gifts you want to choose. Since Christmas crowds will jade you, We've prepared a list to aid you. - We hope that you'll find some- thing you can use. . Paper monogrammed and thick Is a nice gift; one who's sick Might give thanks for anagrams, Candfed fruit or fruited jams. Golf balls, tennis balls, a sweater For a lad who's won a letter. Cheeses, cans of turtle soup, digger whacks, a mallet scoop, (Any favored one who owns These When serving cherry-stones, Crab flakes, blue points, finds they're * nice For the use of chipping ice.) Those with pets would likely relish Special foods that would embellish Dinners that are served in cages. One small item that engages Interest is some cotton knitted Sleeping gloves, quite loosely fitted. Hands with cream need not be leery That they'll get the linen smeary. Tea in painted cans to use After Christmas, if you choose To hold cigarettes; a table Set for dinner is more able To encourage guests to chatter Of small things that do not matter During the food consumption hours ‘Therefore, conversation pieces Lead to vocal news releases. Or buy guest towels, polka-dotted, Red poinsettias, gaily potted. There are people you might send Credit at book stores that lend Volumes that are in demand. Gicbes, maps, atlases are grand For a man who sits at home Wishing for Peking or Rome. . Maybe you have friends who'd like Membership in clubs that hike; Access to a swimming pool, Lessons at a business school. Ticket to some kinds of sports, Umbrellas, games and shorts. Or if you want a prosaic proposal Now there are gadgets for garbage disposal. They cut up the refuse like mince meat or suet And_ send it down sewer pipes, for I've seen them do it. You might send a hunter some cart- ridges, maybe; Very young parents who've had their first baby Would like picture books to keep the child quiet; An album—for pictures of him—il you buy it, : Choose one that has room for mul- tiple noting Of all the bright statements his par- ents are quoting. If you still have Christmas buying, And these tips aren't satisfying, It's too bad and we regret it very much. There are slated As late gifts for waited. We refer to ties and handkerchiefs some things always those who've If they see across New Member Speaks To Bank Organization Joseph Cotter, who formerly was in the insurance business in Massa- chusetts and who recently joined the First National Bank staff, spoke on “Publicity in Connection With Con- structive Customer Relations” when the First Natfonal Bank Service club held a dinner meeting Thursday eve- ning in the Patterson hotel Rose room, After the talk a surprise question- naire pertaining to legal prblems con- fronting banking institutions was dis- | tributed and discussion followed. C. |Merwyn Freeburg and B. F. Lawyer | completed the program by presenting members which portrayed in a unique manner the facts to be taken into consideration in extending agricul- tural credit. ‘ The service group has been holding monthly meetings, which the entire personnel attended, for more than a year, alternating dinners and evening sessions at the bank, Club officers elected for six-month |terms take full charge of the pro- grams and assign subjects pertaining to banking to two or three members each month. Present officers are Paul B. Haney, president, and Free- burg, secretar’ ‘o Accident on Highway Fatal to Sheldon Man | Fargo, N. D., Dec. 21—(®)—Injfur- jes received in an automobile acci- dent near Casselton, N. D., about 7 |p. m., Priday, claimed the life of Sabin ©. Thompson, 43, of Sheldon, N. D, He died in a Fargo hospital at 7:50 . m. Mr. Thompson was brought to the hospital by Carl Berggren of Crooks- ton, Minn., who found him on U. S. Highway 10. Thompson apparently was struck down by a car while crossing the high- way. The Cass county sheriff's de- partment is investigating. | Car Production Over 108,421 Units in Week Detroit, Dec. 21—(4)—For the first time since the spring of this year automobile and truck production ex- ceeded 100,000 units for one week, ac- cording to Ward's Reports, Inc., which estimates output for the week | ending Dec, 21 at 108,421 units, All major manufacturers contributed to the showing, the report says. ADJOURNS DRAKE CASE Chicago, Dec. 21.—()—Principals in the Drake estate mail fraud trial of weeks’ vacation from their chores in federal’court. Judge Phillip L, Sul- livan adjourned the case until Jan. 6. It has been estimated that the Sahara Desert is expanding at the rate of one mile annually. Dear !a sketch for the benefit of the junior ! 41 persons Saturday were on a two| the flowers. AAA MAY LIBERALIZE RYE PROGRAM PLANS nam in Urging Farmers in File Applications A possibility that AAA officials may liberalize the provisions of the rye ad- justment program in order to bring a larger percentage of farmers under contract was voiced here Saturday by County Agent H. O. Putnam as he urged Burleigh county farmers to make applications for contracts. adjustments from the plan as origin- jcause he said, “of circumstances pe- provisions. acreage seeded varies greatly from year to year depending onthe feed situation, the commercial demand and several other factors, Putnam pointed out. Because rye seed was cheap and gyeat amounts had been fed to cattle, |Burleigh county producers planted more than ordinarily this fall and provision for similar conditions over said. Putnam urged farmers to come to his office to sign up the application forms, pointing out that the pro- ducer, if he changes his mind later, may reject the contracts when they are offered. Producers who have grown rye dur- ing any of the three years, 1930 to 1932, the first base period, or during 1933 to 1935, the second base period, are eligible for the contracts as is anyone who has seeded rye during all of these years. Final bases are taken on harvested acreage, however. Joint compliances are available for rye, just as they are in the wheat program, he pointed out. ‘Adjustment Certain Says Put-| “There will undoubtedly be some! the United States must be made, he; > Hearty Breakfast | Hasn’t Killed Joe | Chicago, Dec. 21.—(#)—For the 10th time in three months, Joe Louis, sensational Negro vy- weight boxer, Saturday denied re- ports that he had been killed in an automobile accident. No one was allowed to see the “Brown Bomber,” but a giant Negro policeman, stationed out- side his door, conferred with him and then came out to announce that Joe had just eaten a hearty breakfast. | Ship Captain Charged With Kidnaping ‘Tar’ Portland, Me., Dec. 21. — (®) — oe ally, submitted,” Putnam stated, be-| Charged with kidnaping his radio | operator who objected to sailing on a {culiar to the rye crop which were not! ship carrying scrap metal to Italy, accurately estimated in the original! Capt. Themis Vlassapoulos, master of | the Greek freighter Ithakos, faced a Livestock, millers and distillers are; municipal court hearing Saturday. the principal users of rye and the! Police Capt. Harry B. Powers said the master was arrested on a warrant charging kidnaping and was released under $500 bond. Police allowed Kendlyliotis Anastasios, the radio op- erator, to remain off the ship, Powers declared. Captain Vlassapoulos, who told police he has lost 14 members of his crew by desertion since the freighter arrived in the United States, was ready to sail Friday night when he | discovered his radio man was missing. BASEBALL UMPIRE DIES Philadelphia, Dec. 21.—(4)—Charles (Cy) Rieger, National League umpire died was 53. FOR SALE Harness Leather in full sides. 35c, 40c and 45c Ib. at “Northern” Hide & Fur Co. Bismarck, N. Dak. in a hospital Saturday. He | IFARMER 1S TAKING “RAP” INREGIPROCAL _ PACTS, PEEK STATES 1 i |Former Roosevelt Ally Continues | His Crusade Against Trade ' Agreements Washington, Dec. 21.—()—George N. Peek, foe of the New Deal's foreign | trade program, declared Saturday ag- \Ticulture “is being asked to take the irap” in the reciprocal trade pact with ' Canada. | Peek, who quit several weeks ago ;as president of the Import-Export bank, in a broadcast continued his crusade against the trade agree- ments. The latest such agreements were signed with Honduras and the Netherlands. Secretary Hull has struck out sharply at opponents of the adminis- tration’s program, while the opposi- tion has urged a test of the agree- ment. law in the courts. “The agreement,” Peek dvclared, | “involved a direct reversal of the po- sition of the Democratic party as laid down in the platform of 1932 and as presented by spokesmen for the party. Cites Roosevelt Speech Baltimore speech of Oct. 26, 1932, “President Roosevelt himself in his| said, ‘. . . I know of no effective excessive high duties on farm’ prod- ucts. I do not intend that such duties shall be lowered. To do so would be inconsistent with my entire farm pro- gram.’ ns Canadian agreement and the other agreements, excepting Cuba, through the operation of the uncon- ditional mostefavored nation policy, substantially effect a general tariff reduction. This is a matter of major national policy upon which congress has not passed.” Peek declared his belief that con- gress should be consulted specifically regarding the agreements, “regardless of the technical authority granted to the president. ... “My feeling about the Canadian agreement is simply this: I think, after a careful study of the agree- ment, that agriculture, over wide areas, is being asked to take the rap, the effect of which is to weaken the farm market for industry as well.” Artichoke ‘Trust’ Is Target of La Guardia New York, Dec. 21.—()—Mayor | Fiorello H. La Guardia Saturday pro- claimed a ban on the sale of small artichokes Saturday to preserve “the peace and good order of the city.” The order, which becomes effective next Thursday in all city markets, is directed against “a group of indi- viduals now under indictment by the | federal government charged with re- straint of trade and unlawful control |of such artichokes.” larceny. Lopez is being alleged theft of several underwear from a raignment was to have fore City Magistrate B, 8. Allen urday afternoon, Several the underwear were recovered, police 2 We have them in a large assort- ment at the right prices. Service Electric Shop John B. Kottsick, Mgr. 117 Fifth St. Phone 85 Give Something Electrical $13.95 eee \ i Electric Percolator $4.45 & Waffle Bakers $5.95 ., & New Electric Roaster Bakes and Roasts to Perfection Electric Toasters Electric Irons $2.95 ,, Table Cooker Toasts Sandwiches, Fries Bacon, Exes, Chops, Steaks $6.95 North Dakota Power & Light Co. VVVTLE POVEVe Doctor next time geta Black Hawk Battery and you'll beat that stork. ete “Silent” Typewriter Maroon With “Touch Selector” - Black - Green Terms: $5.00 Down—A Year to Pay Walter W. McMahon | - - Dealer - - Corona Standard, Sterling and “Silent” Portable Typewriters. Bismarck, N. Dak. 409 Broadway ieiitiatie . iy f