Evening Star Newspaper, October 30, 1930, Page 25

THE EVENING STAR, WASHINGTON, D. C., THURSDAY, OCTOBER 30, 1930. B9 e . (Friday) at 6 P.M.!%5 Court Holds Contracts Void When Deliveries Are Nut Intended. B . \ B the Asscciaied Press, CHICAGO, October 30.—The Ihin . Y. . e r Supreme Court. it was announced yes- ,; terday, will be asked to rehcar the case in which it ruled last week that trans- actions in contracts for future deliv- criss of grain and other commodities are void when an understanding exists that no actual delivery is to be made. ‘The Illincis high court affirmed the 0 customers—Get your copy here when you come to shop deciion of Tower ourt - ‘ brought by James K. Riordan, a broker | against Willlam McCabe. a customer iThe courts held the intention of the | purchaser is the lone factor that can distinguish & gambiing transaction from a legitimate futurcs deal. In this case it was held that McCabe never intended to buy or sell grain, but had planned to profit by the fluctuation of prices and thus had been gahbling on the probabilities of market action. The decision had the effect of canceling notes put up with the Riordan Co. by McCabe for margin. | The decision caused a furore among traders on commodity exchanges. in which dealings in future delivery con- tracts form a large part of the busi- ness. Apparently short selling of se- curities al50 may be affected by phases |of the ruling unless a rehearing is granted, although the court disclaimed any intention to pass upon the validity | of Chicago Board of Trade contracts STRANGE MALADY HITS WILD DUCKS Many Dying in Brood Creek Sec- tion From Undetermined Disease, Warden Reports. i i Styles: Fabries: Filted Coats with Veloet Collars S Fitted Coats with Plain Collars HallBelted, Double-Breasted Coats Besbon Special Dispatch to The Star. Single and Double Bressted Boscoats Kerseps BALTIMORE. October 30.—Wiid 3 : And Reglans Fiosss - [ Hengrog .. O " MR ducks in the Broad Creek section nre = v ; e Brige suffering from a strange malady Wwhich Ssars s oo / ™ Trayy,.. osbeg S Moy Ras proved fatal in s0mé cases. Accord- s 2 ing fo E. Lee LeCompte, State game the Men's Clothing Departmeni—Second Floor T ! ; : b9 o en hing 2 S 3 ; k The disease was reported by Harry : Phelps, Riverdale, Prince Georges County, who found half a dozen of the birds dead and others in & sickly condi- on. Three of the dead ducks are being examined at the Burcau of Biological Survey in Washington, Mr. - LeCompte said. They are of the blackhead va- ety Mr. Phelps informed Warden Te- | Compte that there appeared to be no | oll in Broad Creek nor did the streem seem otherwise polluted. VISITORS AT ALTAMIRA MUSEUM SHOW INCREASE Excellence of Road Is Believed to Be Cause of Rapid Rize in Viewers of Collections. SARTANDER (N.AN.A.).—The cellence of the motoring road fi~m here to Santillana has done much this year to increase the popularity of the Caves of Altamira, with their famous and unique paintings of 20,000 years o ago. They are the work of a highl, - ' e artistic race of hardy hunters w s otsts / 2 lived in & cold age. o 4 ! 3 ) ‘The Altamira Museum now displays = ; \ : ¢4 / such relics as the bones of bicon, wild R - 8! it £ horses, wild boar, wolves, deer, lynx. / H i . / foxes, sea lions and reindeer, all of which the ancient dwellers in Altamira must have hunted. You may see, too, the charcoal, ochre and rhematite and the feather brushes with which they made their wonderful pictures. Animal fat, with wicks of human hair, made candles for the prehistoric cave-dwellers and lighted their artisiic evening efforts after they had hunted their food in the day, while out in the cavernous vestibule there burned the night bonfire to keep away wild h ists. (Copyright. 1930. by North American News- paper Alliance.) DEPOSITORS MAY ELECT CLOSED BANK’S OFFICERS Plgn to Reorganize Chicago Insti- tution Believed Without Prece- dent in That City. By the Associated Press CHICAGO, October 30.—A plan whereby 30,000 depositors of the closed Lake View Bank would reorganize the institution on the principle of the “golden rule” and elect their own offi- cers may be given a test here. ‘The plan, believed to be without recedent in the his‘ory of Chicago ance, was decided upon at a mass meeting held in an empty store building. It contemplates the discolution of & receivership. George J. Kappes, a leading figure in the movement, said he and his asso- clates had consulted lawyers and had been informed by them that the plan was within the law. Under the scheme persons involved with “frozen accounts” would be al- lowed to “pay as they can,” while the | depositors, on the other hand, would | agree mot to withdraw more r Crepe Dress with Far.Fabrie Jachet 614 12th St. N.\W. Youthful Matron $5:00 and 650 Hats Evening Gowns Afternoon Dresses Sanday Night Daytime Frocks Frocks Sport Dresses Dresses that fairly bristle with fashion points. One has & tunic, another & cowl neck, one perky peplum radiates youth. In fact we hase all sorts ot Sises for Misses, Women and Little Women L] | i A Phoar—the ek €. i <X | Special i Rige : ‘ By . Free Parking for Customers—E Street Between 6th and Tth ) Shoes :':':’day 32075 R = Saurday A special offering of these smart hats, fashioned of Fre; felts and Lyons veivets in all most wanted styles and colors, that means savings worth wiule. See window display Friday. ‘glmlve 1.c"e ;\”ghe size hats of the better type for ounger ‘woman, in large variety of soleils and velvets. $5, $10 to $12.50. NAtional 5100