Decatur Daily Democrat, Volume 60, Number 292, Decatur, Adams County, 12 December 1962 — Page 6

PAGE SIX

Property Valuation Higher In Indiana

INDIANAPOLIS (UPD — The total value of real and personal property ir> Indiana for 1962-63 will be approximately 8 per cent higher than last year, or about $8.5 billion. That figure is based on an al-most-completed tabulation made by the State Board of Tax Commissioners for its use in reviewing 1962-63 budgets. Only five counties were missing from the tabulation —Lake, Clark, Clinton, Warrick>nd Wayne—and Chairman Richard L. Worley ofthe Board of Tax Commissioners said today these five would not change the 8 per cent increase. I 11 Show Decreases Eleven of the 87 counties for which valuation totals are available from the just-completed reassessment program showed decreases from last year ranging from .26 to 10.08 per cent. The increases range from .29 to 37.99 per cent. Worley said that, generally speaking, the advance report on major inequities in the state property tax valuations which were revealed by a six-county study, were found to exist throughout the state, and to a major extent will be corrected by the new figures. “Hie auto valuations did not drop so severely as had been predicted—66 per cent—but they went

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down about 25 per cent,” he said. "I believe it will (average about SIOO less per auto on evaluation.” Farms Down 25 Pct. Personal farm property, which had been found ip be too high in the study, will be brought down about 25 per cent by the reassessment. Utilities, and railroads, which were found to be too high, were reduced considerably by the reassessment and in some cases caused the total property evaluation to drop sharply. Jefferson County, where a decrease of 8.86 per cent occurred, was cited as an example. The properties of the Indiana-Kentucky Power Co. were found to be $lO million overassessed. Hikes in the valuation of business and industrial properties which occurred in some counties contributed to sizeable increases. Worley said that Montgomery County’s increase of 32.8 per cent, was due primarily to this situation. Crawford Up 38 The single largest percentage increase came in Crawford County and amounted to 37.99 per cent. Worley said the county’s property generally had ben valued too low in 1961, and was almos 20 per cent below the average for the state.

Union had the biggest decrease —which Worley said probably was due to a loss in personal property values because of the readjustment on farm equipment. . The figures being used by the board include real and personal property lumped together. Where the value of the total property goes up, the same tax rate will bring in more money. Where, it goes down, it will take a higher tax rate to produce the same revenue. "I believe this is the best assessment we ever have had,” Worley declared. “We recognize it is not perfect, but some gross ; inequities have been corrected. | We may never get complete uniI formity, but we are required to i keep on trying to get it.” W’orley said a new ratio study to be completed by next June 18 I will provide the information on how nearly uniform the new property valuations are. T«his study is based on a comparison between assessed value—supposedly onethird of true value—and actual sales of property and is used in determining a county’s share of state school support. All Assumed Equal This year, every county is assumed to be equal on the theory that the new assessments removed the inequities. Here are the 11 counties in which decreases in the total valuation occurred between 1961-62 and 1962-63: Dearborn 4.31 per cent; Decatur 1.62; DeKalb 0.26; Gibson 1.95; Jefferson 8.86; Noble 6.18; Ohio 2.63; Union 10.08; Vanderburgh 0.87; Vigo 5.37; and Whitley 5.53. Counties showing increases

THE DECATUR DAILY DEMOCRAT, DECATUR, INDIANA

■■■■■■■■■■■Bl ■w ■■ -2“ TPKQHK"KffI VAN WERT COUNTY realtors met in Decatur at the Fairway for their Christmas party this year. After dinner, they adjourned to the Reppert auction school, where the winter classes demonstrated their techniques in auctioneering. Homer Pollock, Delphos, 0., seated, fourth from left, an instructor in the real estate department of the school, showed how a real estate auction is conducted by professional real estate men. Others in the picture from left to right are. seated: Don Smith, Walter Evans, C. Dan Pennell, mayor of Van Wert, 0., Pollock; standing: Mrs. Martha Kouts, Robert Stripe, Clem Slagle, Marion Q., Reppert student; John Kline, Ned C. Johnson, Decatur, guest of the group, representing the Adams-Jay-Wells board of realtors.

Adams 12.62 per cent; Allen 0.29; Bartholomew 3.96; Benton 2.68; Blackford 2.55; Boone 850; Brown 28.48: Carroll 5.480 Cass 1.15: Clay 7.46: Crawford 37.99; Daviess 3.26; Delaware 9.26; DuBois 16.45; Elkhart 14.67; Fayette 2.61. Floyd 18.02; Fountain 6.58; Franklin 5.64; Fulton 3.06; Grant 23.10; Greene 16.11; Hamilton 7.00; Hancock 9.42; Harrison 23.14; Hendricks 6.40; Henry 19.66; Howard 4.93; Huntington 1.00: Jackson 7.39; Jasper 6.83; Jay 0.61; Jennings 13.93; Johnson 4.81. Knox 4.03; Kosciusko 5.19; LaGrange 4.78; La Porte 5.06; Lawrence 6.42; Madison 10.50; Marion 7.23; Marshall 15.83; Martin 21.62; Miami 8.80; Monroe 30.54; Montgomery 32.38; Morgan 6.72; Newton 7.68; Orange 25.24: Owen 4.42; Parke 3.87; Perry 17.12. Pike 2.45; Porter 16.52; Posey 15.54; Pulaski 8.32; Putnam 650; Randolph 9.82: Ripley 0.74; Rush 3.69;, Scott 16.18; Shelby 1.37; Spencer 7.86; Starke 20.18; Steuben 2.98; St. Joseph 4.72; SulMvan 1.09; Switzerland 12.57; Tippecanoe 4.80. Tipton 3.08; Vermillion 6.10; Wabash 3.30; Warren 14.92; Washington 19.30; Wells 4.06, and White 14.24. Railroad Unions To Ask For Rehearing CHICAGO (UPD — Representatives of five rail unions today worked to beat Thursday's deadline on filing an appeal for a rehearing of a court decision upholding “anti - featherbedding” work rules changes. Edward Henslee, counsel for the Brotherhood of Railroad Trainmen, said following a meeting with officials of the five on-train brotherhoods Tuesday that they expect to have the petition for a re-hearing on file before the deadline. Henslee said the unions “expect to make strong arguments” in support of their request for arehearing o fthe Appeals Court Nov. 28 affirmation of a U. S. District Court ruling that the nation’s railroads have the right to impose “anti - featherbedding” work rules changes. “We feel the court’s decision presents new issues in the case,” Henslee said. James E. Wolfe, chief negotiator for the railroads, declined comment on the union decision. The work rules changes would eliminate the jobs of up to 80,000 train crewmen over a period of years. Unions involved are the Brotherhood of Locomotive Engineers, Brotherhood of Locomotive Firemen and Enginemen, Brotherhood of Railroad Trainmen, Order of Railway Conductors and the Switchmen’s Union of North America. The unions claim to represent 200,000 workers. Chicago Livestock CHICAGO (UPD—Livestock: Hogs 6,000; mostly steady, few early sales 190-230 lb steady to 25 higher; No 1-2 190-220 lb 17.00-' 17.75; 175 head mostly No 1 closely sorted at 17?75; mixed No 1-3 190-220 lb 16.75-17.25; 220-240 lb 16.00-16.75 ; 240-260 lb 15.50-16.25; No 2-3 260-300 lb 15.00-15.75. Cattle 11,000, calves 25; slaugh

Boy Scout Round Table On Tonight Scoutmasters, committee members, cubmasters, den mothers, and explorer advisors are asked to attend the Boy Scout round table meeting at the Decatur high school building this evening at 7:30, Steve Everhart, assistant district commissioner, announced today. The round table will include all troop personnel in Adams, Wells and Jay counites, composing the Limberlost district of the Anthony Wayne Council. Monroe Maintains Part-Time Marshal A number of Monroe residents, including the town board, called Tuesday night to correct an error in Tuesday’s Decatur Daily Democrat, in whichTlt was stated that Monroe was without police service. Actually, Monroe maintains a parttime town marshal, Louis Steffen, but most of the vandalism that took place was! outside the corporate limits of the town, in the 4-H building area. The Monroe town marshal has been cooperating very closely with the sheriff's department, and the Monroe town board plans to draw up a list of ’its ordinances and meet with the’ sheriff’s department to coordinate their efforts towards law and order. Jobless Pay Claims . Decrease In Area The number of unemployment compensation claimants dropped to 75 for the week ending Dec. 1, Diehard P. App, Fort Wayne office manager, said today. A week ago there were 107 claimants, the same number that filed a year ago. There were 13 new claims, compared with 28 last week, and 12 a year ago. There were 62 con ; tinued claims, compared with 79 a week ago, and 83 a year ago. This made a total of 75 regular claims, compared with 107 last week, and 95 a year ago, when 12 were still drawing extended coverage for being out of work more than six months. Jobless Pay Claims Lower Than In 1962 INDIANAPOLIS (UPI) — The total of unemployment insurance claims last week at the Indiana Employment Security Division was slightly below that recorded a year ago, Director Lewis F. Nicolini said Tuesday. ter steers opened steady; few sales average choice and below 25 higher; later barely steady with moderate number of steers unsold; heifers steady to 25 higheraround 10 loads prime 12251350 lb steers 31.75-32.00; bulk high choice and prime 1150-1375 lb 30.50-31.50; including load mostly prime 1175 lb 31.25; bulk choice 1100-1350 lb 29.00-30.75; choice 9001100 lb 28.25-29.50; few good 25.5028.00; load mixed choice and prime 1025 lb heifers 29.50; bulk choice 850-1050 lb 27.75-28.75; good 24.50-27.25. Sheep 1,500; slaughter lambs choice and prime about steady, good and below mostly 50 lower; load choice and prime 107 lb fed western wooled lambs 20.50; load choice and prime natives 20.00; good and choice 17.00-19.00.

Heavy Loss Os Life In African Cave-in JOHANNESBURG, South Africa (UPI)—A cave-in occurred at one of the world’s richest gold mines today, causing a heavy loss of life. Latest reports said 5 African mine workers were killed, 20 hospitalized and 29 were missing. There was little hope the missing men could be dug out alive. The accident took place at the West Driefontein mine, 80 miles northwest of Johannesburg. West Driefontein was the first mine in the world to make a $2.8 million profit in a month. It is the biggest contributor to South Africa’s S7OO million annual gold production. A mine spokesman said a crasher station had collapsed into a sink hole 100 feet deep and 150 feet in diameter. The hole was covered in water from a burst outlet pipe, and the 29 missing men were believed trapped underneath it all. ' — Rescue workers put up a temporary pipe to lead off the water. The station is a very heavy piece of equipment which crushes the gold ore between steel plates as water continually washes it. The equipment was written off as a loss, seriously hampering production. Two Cars Are Only Slightly Damaged Cars driven by Tom Wiesman, 17, route 3, and Phyllis Irwirt, 28, route 5, were only slightly damaged in an accident at 3:45 p.m. Tuesday, which was reported to the city police. Both vehicles were eastbound on Monroe St. and Wiesman struck the Irwin car, which had stopped for a school bus, in the rear. The mishap occurred in the 400 block at 3:45 p.m.

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KHRUSHCHEV (Continued from Page One) it in a nutshell.” Khrushchev ridiculed suggestions that the Soviet Union had chosen Cuba as the jump-off point for war against the UnitedStates. He labeled the charges a ‘‘malicious fabrication.” ‘‘Had we wanted to start war against the United States we would not have agreed to dismantle the rockets installed in Cuba which were ready for launching for action,” he said. “We would have brought them into play. We did not do that because we had no such aims.” ‘‘Triumph of Reason” He said Russia’s coexistence policy headed off a thermonuclear holocaust when the crisis was at its height, and said “all sensible people profoundly welcome this triumph of reason.” At this point in history, he said, mankind faces “either peaceful coexistence or devastating war • and) there Js only one alternative: Peaceful coexistence.” He told the Soviet parliament that Russia’s action on Cuba showed that “the forces of peace would foil the schemes of the imperialists.” The foreign policy report was broadcast and televised as it was being made, with Radio Moscow broadcasting the speech in several languages to Africa, Asia, Europe and North America. Khrushchev entered the joint meeting flanked by two distinguished guests—Yugoslav President Tito and Cuban trade delegation chief Carlos Rafael Rodriguez. “The attack on Cuba, prepared by the aggressive imperialist circles of the United States, has been averted,” Khrushchev said. “The direct threat of a thermonuclear world war, which arose in connection with the crisis in the Caribbean, has been averted.” Khrushchev said the future held only two alternatives — peaceful coexistence or destructive war. “Events have confirmed that the peace forces are able to overcome the most dangerous international crises, to curb the imperialist aggressors,” he said. “All our thoughts are concentrated on creation and on the construction of communism. “People -don't want war. . .we

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