Indianapolis Times, Volume 35, Number 309, Indianapolis, Marion County, 9 May 1924 — Page 10
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MELLON WOULDN'T RECOGNIZE UIC CHILD TAX BILL Measure Completely Democratic —Senate Hastens Its Passage, fcv Vuitrd Prett Washington. May o. under threat of dire action from the farm bloc, the Senate is hastening to conclude its new tax bill. Both Republican and Democratic leaders hoped the measure might be finally passed before adjournment tonight. The farm bloc threatened to introduce farm relief measures as amend xnenta if leaders do not quickly get ; the tax bill out of the way. About twenty individual amendments remain to be acted upon and then the final flurry will come when some of the provisions already adopted will be rediscussed under parliamentary requirements. Mellon Bill No linger As the bill stands it is a complete democratic measure. The Democrats Ire wrote the bill from start to finish on the floor, just as predicted when the measure was reported out of the finance committee with the Mellon grates three weeks ago. Here are the important features of jthe measure already agreed on: Normal income tax rates, 2 per cent bn $4,000; 4 per cent on the next $4,000. Surtaxes, ranging from 1 per cent bn SIO,OOO to 40 per cent on $500,000. inheritance tax: Ranging from 2 per bent on $25,000 to 30 per cent on $5,000,000. Gift tax. From 1 per cent on $50,000 0o 40 per cent on $10,000,000. Corporations tax: Nine per cent flat |ax with an additional levy up to 4 |>er cent on big incomes. Insurance companies: Flat 12V4 per jeent tax. Publicity: Three per cent on trucks bver $1,200; 5 per cent on pleasure Automobiles and 2% per cent on accessorius. M&h Jong Taxed, Hurray! Mah Jong—lo per cent. Drafts, checks and promissory notes fiot payable on demand 2 cents per |IOO. The Senate killed the tax on tel ; kphone. radio and capital stock. ! {Jewelry exemptions were lowered to i $25. Salaries of the seven members ©f the board of tax appeals were cut j to $7,600. The Senate also adopted a provision ! limiting deductions from non-business losses to less than the amount received *s income from tax exempt securities, j Woman Dies of Injuries 2>V Timet Special • | EVANSVILLE. Ind., May 9 —lnjuries received Wednesday when she was struck by an auto were fatal to Mrs. Margaret Herman, 60.
Insurance Statements Statement of Condition OF The Hartford Steam Boiler Inspection and Insurance Cos. Hartford. Conn.. M Prospect St. ON THE 31st Day of December, 1923 CTHAS. 8. BLAKE. President. L. F MIDDLEBROOK. Sertetary Amount of capital paid up.. .*52,500,000.00 NET ASSETS OF COMPANY. Cash in banks ion interest and not on interest) S Bf-S.MfI.M Real estate unincumbered. . . . 255,000.00 Bonds and stocks owned (market value) 8,414.500.82 Mortgage loans on real estate (free from any prior incumbrance) 1,818.750.00 Accrued securities < interest and rents, etc.) 140,348.10 premiums and accounts due and In process of collection 1.034.038 27 Total net assets $12,166.028 13 LIABILITIES. Reserve or amount necessary to reinsure outstanding risks ( $ 5.530.427.71 Rosses unadjusted and In suspense 318.407.05 £ills and accounts unpaid... 205,911.87 tber liabilities of the company 251.11883 tTotal liabilities $ 6.305.865.46 Eapital 2.500.000.00 urplut 3.360.162.67 Total $12.166 028.13 Greatest amount in any one risk 9 518.333 00 State of Indiana. Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the yibove is a correct cony of the Statement fcf the Condition of the above mentioned Company on the 31st day of December, 11923. as shown by the original statement, land th3t the said original statement is now len site in this office. 1 In testimony whereof. I hereunto subscribe my name and affix my official seal, this 23rd day of April. 1974 (SEAL) T S McMURRAY JR . Commissioner. •If Mutual Company so state. OF THB International Indemnity Company Los Angeles. Calif.. 347 South Hill Street ON THE 31st Day of December, 1923 X BLACKSTOCK President. EMIL JOHNSON. Secretary Amount of capital paid up . . *5300,000.00 j NET ASSETS OF COMPANY Cash in hanks Con interest and not on Interest) 5 9P.101.18 Real estate unincumbered .. . 189.516.30 Bond* and stocks owned (market value! 795.135.86 Mortgage loans on real estate (free from any prior incumbrances) r 249.469.99 Accrued securities (interest and rent* etc.) 27,972.87 Premiums and accounts due and In process of collection 335.709 46 Total net assets $1,696,905.66 • LIABILITIES Reserve or amount necessary to reinsure outstanding risks..s 667.885.99 Losses unadjusted and in suspense 400.474.79 l Bills and accounts unpaid .... 20.468.84 I Other liabilities of the company 129.952.85 ! Total liabilities $1,218,732.4? Capital 300.000 00 Surplus 178.173.19 Total $1,606,905.66 Greatest amount in any one risk 10,000.00 State of Indiana. Office of Comnfissioner of Insurance. I. the undersigned. Commissioner of Insurance of India).a hereby certify that the above is a correct copy of trie statement of the condition of the above mentioned com- ! pany on the 31st dav of December. 1923. as j •bown by the original statement, and that the said original statement is now on file in this office. In testimony whereof. I hereunto sublacribe my name and affix my official seal Khis 23rd day of April. 1924 ■ (SEAL) T. S. M.MIRIAY JR. I si Commissioner. ■ *lf Mutual Company so stale.
DELEGATES ARE NAMED Heal Estate Board to Have 25 Representatives at National Meeting. The Indianapolis Real Estate Board will have about twenty-five representatives at the national real estate convention in Washington, June 3-6. Henley Hottel, Indianapolis secretary, will represent Indianapolis at a meeting of executive secretaries. Delegates and alternates: Boyd W. Templeton, E. L. Cothreil. Lawrence
/{JJk jJi know a dost oj ± )'f DR. CALDWELLS RUP PEPSIN keep them jit ‘First Aid’ For Sick Children
THE experienced mother is not alarmed when a child becomes sick. She knows that most of the ailments of childhood are trifling. If it seems serious she calls a doctor, but whether or not she calls him she gives, first of all, a good laxative medicine. The doctor would advise that anyway. It is his “first aid.” Such experienced mothers as Mrs. Everett E. Hunt of Belzoni, Okla., who has three children and never any sickness, and Mrs. F. B. Kuklenski of Prosser. Wash., always give Dr. Caldwell’s Syrup Pepsin at the first indication of sickness. Such timely doses have saved them much worry. The Meaning of “Good” All doctors agree that a thorough cleaning out of the bowels is of first importance for it removes dangerous intestinal poisons. They will also advise a“good
laxative .’’and by"good” they mean one that is effective and yet harmless. They know that there are physics that never should be given to children - calomel, which is mercury and loosens the teeth; phenolphthalein. a coal-tar drug that causes skin
Biggest Dress Sale of the Year!
m —“Gf ir" 4 Jik aS? 1 i'Afl § I iSr JaJfg 11 ■ | JMra Style No. 25288 Avery beautiful dress of Canton Silk Crepe, with three tiers of pleated white silk gracefully hanging from the front of the skirt and nicely set off with a decorative band of lustrous Alver stitching. Style No. 25290 A Misses’ dress of all silk I Flat Crepe, basque effect, with rich-looking lace and velvet trimmed cuffs, front panel and skirt border. Just the thing for good wear, ever) where!
SALE DAYS (Saturday, Monday and Tuesday only
J. Welch, Thomas F. Carson, Joseph J. Argus, Robert Lewis, Harry L. .Mott, Lee Dove, Harry G. Templeton, Forest M. Knight and Joseph J. Schmid. SEEK MISSING BROTHERS * — x George W. Frietzsche, 69, Unheard From Since May 2. A joint search began today in which tire police of Indianapolis and New York endeavored to locate George W.
trouble; salts, which concentrate the blood and dry up the saliva. They consider Dr. Caldwell’s Syrup Pepsin safe for all ages as they know it is a simple vegetable compound of Egyptian senna with pepsin and agreeable aromatics. The formula is on the package. Give Laxative for Colds Adults should have at least one. movement of the bowels every 24 nours, and children two or three. Failure to have it means constipation, then headache, biliousness, drowsiness, lack of appetite. Give a dose of Dr. Caldwell's Syrup Pepsin at bedtime, and there will be health and good feeling by morning. A dose costs less than a cent, and a bottle can be had at any drug store. Colds and constipation come together, so if you notice coughing or sneezing stop it at once with Syrup Pepsin.
■ ••••'lf Yo, 'Want to Try It Free Bfor® Buying,****, [ "Syrup Pepfiin." 517 Waahington St., | Montieello, Illinois. I need a good la rat tee and would like to prove what | you ray about Or. CaldwelCs Syrup Pepein by actual teit. \ Send me a free trial bottle. Addreit to ' .Vamr. I ! Not more than one free trial hottla to a family _
NO CASH NEEDED!
fo\ '^2sl9o^^
GORGEOUS NEW FROCKS AT TREMENDOUS SAVINGS r f ■s- Savings of from FIVE to TEN DOLLARS on each Dress!
We made a lucky purchase of FIVE THOUSAND of these beautiful dresses for our big chain of FIFTY stores—we bought them at rock-bottom prices from a leading New York manufacturer who sacrificed them to us for LESS THAN COST—simply because he needed the money and we were able to give it to him, spot cash!
Many other stunning styles, besides those illustrated YOUR CHOICE ALL ONE PRICE
THE INDIANAPOLIS TIMES
Frietzsche, 69, brother of Miss Dillie Frietzsche, 543 West Dr., Woodruff Place. y According to Miss Frietzsche, her brother left the Hotel Holly, New York, May 2, to board the steamer Columbia. A wire to the steamship company followed when she did not hear from him and the company wired back he was not aboard the ship. Federal statutes fix the penalty for robbery at not more than fifteen years.
OTRY Irmv wallVkjm // SILK is to like it — Wall-Silk is the finish to use on your walls. Its silklike beauty will give your walls a richness that no other finish can give. Try Wall-Silk on your kitchen or Bathroom. Its easy working and wonderful covering make it a wall finish that costs less because one or two coats only are necessary for a first-class finish. All the new colors—lvory, Gray, etc. See us, we'll be glad to tell you all about this new Silk-Like finish. Doser-allem PAINT AND GLASS CO. 1 1 132-134 W. Washington St. MAin 0523
REMODELING SALE SPECIAL TODAY MISCELLANEOUS Ready Mixed Paint, gal 51.85 Overall* t BI LE Dl RH AM. Sfw r lOC Khaki Coveralls ' !!! ! !! .% 1 ’Ag 2 ?mßTs' n ‘ bunch Kits, complete 8 I JOS Blue Work Shirts .. 47<* CoU Khaki Shirts SOo SHOES. ETC. Dress Shirts I>B<* Work Shoes 81.08 UNDERWEAR | Officer Shoes .. 85.05 Men's Shirts and Drawers 70<* Dress Shoes 82.98 Athletic Union Suits HOC j Knee Boots 85.50 Summer Union Suits 98C Hip Boots, large sizes 85.95 Watch Our Saturday Socials GUARANTEED VALUES. QUICK SERVICE. COURTEOUS TREATMENT UNDERSELLING STORES St W. Maryland SC II S. Capitol. IS w. Maryland St. Headquarter* for Army and Navy Goods. Open Saturday Eve. Till O'CClock.
you may arrange Special Terms to suit your convenience Sizes 16 to 44 All these fashionSilkCrep" g Canton N * v T^fc C 0 k c ’i rey ’ Silk Georgette |||| f Spring Shades ..'y \.. in all sizes and styles OUR USUAL GUARANTEE GOES WITH EVERY DRESS: I IF YOU CAN BUY IT BETTER OR CHEAPER ELSEW HERE, BRING IT BACK | Federal CLOTHING STORES 131 WEST WASHINGTON ST.
THIRD SHORTRIDGE TRIO New Musical Organization Makes Its Bow at School. A third trio, known as the Schubert Trio of Shortridge, has made its debut at Shortridge High School. It is composed of Gladys Van Lear, violinist; Harvey Crumrine, cellist, and Mildred Myers, pianist. Its first appearance was before the Crescendo Club of ‘‘"hortridge. This club and the She' .ridge orchestra have developed two jther trios.
\ These dresses, we, in turn, are now SACRIFICING TO YOU, on easiest credit, at the SENSATIONALLY LOW PRICE OF $17.98! Elsewhere you would have to pay five to ten dollars more! This tremendous saving, which we effected by quantity purchase, is yours—take advantage of it NOW, while the garments last—sale ends Tuesday evening, without fail!
Home Outfits “The Ideal” specializes on home outfits. For those who wish to furnish a home we have purchased merchandise to meet any requirement. Just a look will be convincing. 3-ROOM OUTFIT OF PERIOD FURNITURE, J 349 DURING THE MONTHS OF MAY AND JUNE This Enterprising Organization Will Have Outfits to Sell That Will Meet Any Requirements. 3-Room Colonial Outfit at. . . t . -di-x-w -k-i-i..-$249.00 3-Room Semi-Colonial Outfit at. . a. $298,00 3-Room Period Outfit at . . $349.00 Remember, We Specialize on Outfits PLENTY OF CREDIT
*0 3.69
FRIDAY, MAY 9,1924
Style No. 25291 The fashionable new black and white effect dress, cleverly produced by all silk Canton Crepe with an insert of white pleating. Note the colorful white beading breaking the dark background. That’s the new vogue I Style No. 25289 An exceptionally pretty street dress of all silk Flat Crepe, with .three pleated tiers on the front of the skirt, smartly contrasting with the exquisite lace and braid trimming on the col. lar, cuffs and down the front of the dress.
SALE DAYS Saturday,Monday and Tuesday only
