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Carthage Citizen in Carthage, Indiana

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Newspaper

Carthage Citizen

Location

Carthage, Indiana, United States of America

Date

Mar 24, 1939

Page

4

Public Service Company of Indiana plans capitalization

Plans are forming for the re capitalization of the Public Service Company of Indiana, a major utility operating in eastern and southern Indiana. The move signals a restructuring of equity and debt to support expanded services, regulatory approvals expected from state authorities, and potential rate adjustments forthcoming.

G@ompany Indiana Estral Accord Public Service Company OF

Recapitalization Plan Moves Ahead Despite Deep Deficit

Robert A. Gallagher reports in the 1938 annual that management will seek regulatory approval before presenting a recapitalization plan to stockholders. Net income rose to 1.057 million on 1938 operations, but the surplus deficit widened to 10.009 million due to abandoning property and interurban railway losses. The report details increased residential electric and gas use, 142,349 electric customers and 38,877 gas customers, with 721 new gas users and plans affected by delayed Dresser unit construction near Terre Haute.

Ing Robert A. Gallagher Indiana Indianapolis Louisville Indiana Public Service Commission Interstate Commerce Commission Seymour Gallagher Coupany Dresser Terre Haute

Community notes of visits and gatherings in Indiana towns

A crowded Sunday and week of visitors fill Indiana social pages. Local residents from Gwynneville Connersville Rushville Knightstown and near Shelbyville share calls dinners shopping and family events with relatives and friends including the Hulls Nighs Kemp Pollitts and Wilcoxes. Hospital and funeral attendances are listed alongside church group quilting and a county music festival attendance.

Edward Poston New Palestine Charles Irvine Harry Pollitt Flora Nubey Will Ginniff Earnestine Nigh Kay Gene Nigh Connersville Frank Hull Floyd Collins Rushville Edwards Evans Lewis Nigh Marjorie Doyle Nigh U. B George Nigh Dave Frank Kemper Shelbyville Flora Talbert Wayne Lumis Fortville Loren Talbert Morristown Virgil Talbert Boyd Francis Tom Waggner Near Westland Charlie Six J. C. Springer Gene Alva Andrews John Scott Mort Macy Greenfield Carlos Long Jan Stella Kemp Fred Pollitt Arlington Mary Frances Pollitt Russell Eck Near New Palestine Wilfred Catt James Andrews Herschell Thurston Charles Bundy Near Moscow Frank Wilcox John Reese

Europe in turmoil and American trade stance warned

The piece argues the United States should stay out of entangling European alliances and avoid restricting trade with Germany. It predicts a European collapse and cites a quotation attributed to Albert Hinstein about Europe, democracy, and future power shifts, urging focus on domestic interests.

Prague Czechia United States Adolf Hitler der Fuhrer Hradcany Castle Europe Bohemia and Moravia von Brauchitech Wilhelm Keitel Johann Blascowiltz Hitler Albert Hinstein

Attendees Plan Work for Walnut Ridge Young Friends

Rev. Homer Biddlecum of Charlottesville Rev. Murray S Kenworthy and Hubert Hunt attended a committee meeting Monday night at the home of Miss Crystal Macy in Manilla to plan activities for the Walnut Ridge Quarterly Meeting Young Friends group.

Homer Biddlecum Char ‘Lottesville Murray S. Kenworthy Hubert Hunt Crystal Macy Manilla Friends of the Walnut Ridge

Merchandising Premiums Grow Across Industries

Premiums in merchandizing are used widely to boost trade. About 10,000 manufacturers promote this form, impacting drugs cosmetics manufactured goods and public utilities. Movements to curb the practice arise but manufacturers insist they are within rights and no legislation blocks this expansion worth hundreds of millions yearly.

White Guests of Terhune Family Near Charlottesville

Mr and Mrs Loren White of north of Charlottesville were Sunday guests of Mr and Mrs J B Terhune.

Loren White North of Charlottesville J. B. Terhune

Also Mentioned on This Page

Innteresting Report OF Public Service Company Purina Arlington Hatchery Lee Rane Miles DR. Miles Princesses London England Princess Elizabeth Princess Margaret Rose National Pony Society Arab Horse Society Royal Agricultural Hall Islington Princess Margaret Royal Box Gwynneville Ra Tales Gau Mobiloil Sohn & Son Carthage Tte Miles Oe Ei Geo. W. Williams Co Knightstown Aulo Kennedy Motor Sales, Inc Knightstown Furniture Co Gaberdine Hamburgs Knecht's O.P.C Rushville, Indiana
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