Indianapolis Times, Indianapolis, Marion County, 29 January 1940 — Page 11

Your F cin al Income Tax \ TONIGHT Two years ago he took Gary Coop- . 7:00—Andre Kostelanetz, WFBM. |er’s place in “The Plainsman.” The 7:30—Richard Crooks, WIRE, show tonight will present the radio 8:00—Radio Theater, WFBM. dramatization of “Intermezzo,” with 8:30—Alec Templeton, WIRE. © [Ingrid Bergman, who did the movie. Herbert Marshall and Gail Patrick will co-star. , . . It could never happen in Indianapolis, but

~~ THE INDIAN STEEL SHARES LOWER ON DROP IN PRODUCTION

I. U. to Provide Bankers Collegiate Atmosphere

300 . ‘Students’ Expected At Three-Day School

Early Filing of Mutual Benefit to You and Government; Read All Instructions Carefully.

The radio dials tonight bring

The period for the filing of income tax returns covering the cal- | numerous speakers. They include

NEW YORK, Jan. 29.—People|

everywhere will be interested in the plight of rich New York State. It needs more money to pay its bills and the legislature is being pressed to start a lottery to get the money. Perhaps the legislature will resist this—it probably will. But it is getting on. The first demand for lotteries in New York State came from Tammany legislators. But now a young reform Republican is leading the charge. The oldest dodge in the world is the sugar-coating of taxes. Politicians ‘like to slip them out of the people’s pockets so they won't feel the extraction. Right now when you drink a glass of beer for a dime you pay about three cents of it in taxes, but you don't know it because you hand it to a barkeeper instead of a tax collector.

I am afraid before we get through with our present problems we will get around to lotteries—and some other .means of taxation, too. a own

I REMEMBER VISITING a small city in the South many years ago— before the war—which permitted what were called “houses of illfame.” They were segregated, regulated, supervised. Twice a year all the proprietors were rounded up, brought to the police court and fined, the fines being arranged in dvance to cover the city’s budget. The town paid no taxes. We will get around ‘to these anclent and easy forms of paying our bills. But now we are being asked to try the lottery. The reasoning is interesting. The state needs money. The taxes are terribly high. It is afraid. to soak the rich any more “for fear they will move to Connecticut and New Jersey. They have already done that on a large scale. So that leaves nobody to soak but those who are not rich. But that’s bad too, because they do not leave the state. They stay here and vote instead. And they will vote this year. So— what to do? Try a lottery, says the voice of the tempter. That apparently will get the money the state needs without soaking either rich or poor. But will it? Let's see.

s » s

THE STATE NEEDS $15,000,000. It can get it by taking $15,000,000 out of the people’s pockets. Instead, it sells lottery tickets. It sells, not $15,000,000 but. $100,000,000. The $100,000,000 comes out of the pockets of the poorest group of people who like to play lotteries. The state takes out the $15,000,000 it needs. It takes another $15,000,000 costs for running the lottery. Then it distributes the remaining $70.000,000 among the winners. There will be probably 1000 winners, maybe 2000, maybe more. But however many there are—the ones who are not the winners, probably | 4 a million people or more. will pay all the bills—$15,000,000 to the state,

the $15,000,000 cost of running the 2

show and the $70,000,000 in prizes.

They will pay a hundred million in 2

order to give the state 15. These figures are merely taken to

' simplify the argument and are not A accurate. They are merely intended |

to show how a politician in order to conceal a tax of a dollar will lay on one of many times a dollar and take ity ol | from the poorest Deople.

C. OF C. TOLD ABOUT

FREIGHT RATE RULING %:

State Chamber of board members today had under consideration a report on a petition made to the Interstate Commerce

Commission on south-north freight

rate differentials. The report was made by George Fields, chairman of the Chamber's traffic council.

C The petition was presented by font B Indiana and five other Midwestern

States on the “Southern Governors Case,” in which the I. C. C. ruled that the present freight differential be made more uniform. The I. C. C. ruling is to go into effect March 1, Chamber officials |D said. Under present systém the freight rate from south to north is higher than from north to sbuth. This is so, officials said, because of higher manufacturing costs in the North. Its purpose is to equalize costs from producer to consumer.

The 1. C. C. said in its previous Sen

opinion that “reasonably uniform | & rates should prevail from producing | &

Commerce ct!

In February.

Times Special

BLOOMINGTON, Jan. 29.—Those who dream of re-living “the good old college days” will envy the 300

the Indiana Banking Conference here” Feb. 12, 13 and 14. The Conference will take place on the. Indiana University campus in a collegiate atmosphere “as nearly 100 per cent genuine as possible,” according to final arrangements drawn up today by Dr. Harry C. Sauvain, Conference dean and University professor of finance. The banker students are to enroll for the three-day course when they arrive just as University ‘students enroll for a new course. They will be housed in two of the University’s new dormitories, North and Sycamore halls, now being given a final touching up. A buresu of Business School seniors will provide free messenger, guide or other kinds. of service, in tune with the fraternity house system whereby upperclassmen -exact gratis services of their freshmen. They will attend five hours of lecture classes a day, which means that in three days they will put in the equivalent of a full week’s work by a University student. They will be provided with special student-type notebooks in which they may outline the lectures. They will be expected to arrive for their classes promptly. at. classtime; tardy arrivees will not be admitted until the next intermission between classes, They will attend the IndianaMichigan Big Ten basketball game Monday night, Feb. 12. And, upon completion of the course, each student will be awarded a “diploma,” signed by University President Herman 'B Wells, Indiana Bankers’ Association President A. J. Wedeking, and Robert R. Batton, Indiana Commission for Financial Institutions chairman. The only things lacking" to make the picture complete are textbooks and final exams, Indianapolis will be represented by more than 75 bank officers, directors and employees, Dr. Sauvain estimates. “The conference this year will be conducted strictly as an educational project,” he says. ‘There will be no exhibits, no open forums, no isolated group meetings. The course

Hoosier bankers who are to attend

Dr. Harry C. Sauvain . . . dean

will consist wholly of 15 lectures delivered by men of authority in their particular fields.” President Wells, who has ‘had considerable experience . in the banking field, is honorary conference chairman and plans to take an active part. He will speak on “Evolution of Commercial Banking” at the dinner meeting on Tuesday night. “These state conferences are unique in banking education,” he points out. “They reach the. bank

officers to a greater extent than any other type of educational ac-

tivity. “And they bring the intellectual stimulation which comes not only from the lectures of distinguished banking authorities but also from the contacts as classmates, messmates and roommates with fellow bankers.” The eight members of the lecturing “faculty” are to deal with five subjects “of vital interest to commercial bankers,” according to Dr. Sauvain—banking law, management, investments, economics and lending. Faculty members are to be Frederick M. Babcok, FHA assistant administrator, Washington, D. C.; Charles B. Dunn, Federal Reserve Bank of Chicago general counsel; William A. Irwin, American Institute of Banking associate educational director; John H. Lucas, Pittsburgh bank officer; Robert H. Myers, Muncie bank officer; Philip W. Russell, New York investment firm officer; Paul A. Warner, Mt: Vernon, O., bank officer, and Dr. Sauvain. Advance registrations are being handled at the Indiana Bankers Association offices in Indianapolis.

—d Net High Low Last Change AT cnoartan ww 11. iu —= 2, /4 / Allied © Chemical 1722 172% —-1 A LL... 143% 4%, 78 +

Anaconda Armour III Atchison

Balt & Ohio. . Bendix Avn ... Ben Ind Loan., Beth Steel . Boeing Air .... Borden .. Borg- Warner: Brist tol-My clyn-M T..... Burlington Mo. utler Bros pf. 2

Canada Dry ... Carriers & Gen

m Tr Com Solvents. . Comm & So Comm Edison . Cong Cigar ... Cons Edison ..|

cre 4 oe 24 k.. 55%

. 28%

Curtiss-Wr .... 10!2

Dome. Mines ... Douglas Aire... Chem ..

23, 83 83%; 152%, 152% wi East Air Lines 30% 30%

83%

152%

Flintkote ..... 19% 19%

Cigar of..115%% Electric . . 38% 8 Motors veo 52% In

areas to market” Chamber officials o odyea

explained.

LOCAL ISSUES

~The Prowing ghiotations by the Indianapolis Bond Corp. do not represent actual ro offerings, but merely indicate the approximate market level based on buying and selling quotations of recent transactions, iocks id Ask Agents Finance Co co elt & Yds oo

"12

Ind Gen Se Ind Hydro Flee T% oid . Indpls Gas coe RE Indpls P&L 67% vid Indpls F&L 87% Ta Indpls Water pid

Prostess Laundry Pub Serv Co of Too 6% pid . Puh Serv Co of Ind 7 77% pid *So Ind Gas & ha .8% Potd. 191% P

Van Camp Milk pfd . = Van Camp Milk com ........

See Final Edition _ of the Times for Closing Stock Quotations

D! 55% Int T&T

Saraee

J]ayes Mig .... Herc Pdr 2

6 59% 24%,

6 ... 59% Hud Bay M & S 247, sen rsoll Rand .115 | Business M.1811% ... 53% . 54Ya 4% Sa . 35% 35%

115 181% 53% 541% 4Ys

. 22 a

5 24 7 28, —— 247, 15% 381, . 24

Lorillard

Mack Tr

Martin {Gienn) . McGraw Fl Minn Hny Mont Ward Murray

Nat Biscuit . .. Nat Dairy weed Nat Distillers .. Nat Sup 3 .

No n +e Norwalk T .

Ohio Oil Pacific Ltg .. Panhandle Pfeiffer Show oy Port Ric-Am B. 1 Ys Public Serv ... 405; 40% — 62% 627% 11, 14;

. 487% 7 21% 8

48% 7s 21%

Radio nf N rnin gt MEGEN ESR epu Cc vee 7 Reyn Tob B.... 407 40 Ar oi

‘y,. | Year Ago

, | Saturday

es | Year Age

4! Thomp 8 Ys "1, | Timk-D_A 12% ; r= 7 3 ’ “a

N. Y. STOCKS

By UNITED PRESS

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS

Vy | Saturday

Week Ago Month Ago Year Ago’ +2 High, 1939-40, 155.92; low, 121. 1, High, 1938, 158.41; low, 98.95. 20 RAILROADS

Saturday 30.95 —0.09

? Week Ago

Month Ago Holiday 20.37 0.88 High, 1939-40, 35.90; low, 24.14, High, 1938, 33.98; low, 19.00. : 15 UTILITIES 124.88 —0.12 evden w versesaes 25.14 —0.11 ET esessesnes. Holiday

Week Ago Month Ago

High, 1939-40, 27.10; High, 1938,

low, 20.17%, 25.19; low, 15.14. Tle

High 23%

Net Last Change

Star ... 1, 1

Thomp Ster pf. 2213

Trans&West ‘Air 2 20th Cent-Fox . 1 Twin CY RT ..

Union Carb ... Un Oi

i al ... Union Pacific . Un Aircraft ... 4 Un Biscuit ..... 16 United Corp ... US Shee ay

2 TU S Stee

Univ Eee 1 ‘of..

ValC& Ck ..

8 40% Wa 40% 40%

Young Sheet ... +

Chicago Stocks

Last 20%, 6

Low 20%

30%2

Allied Lab Inc Armour Co .. Bendix Aviat ... Brach & Sons.. 21% 833%, 13 9

Elg Goldblatt Bros Gt Lakes Dredge Lincoln Print ....

d West Corp | Nowesi: & Hart pt’

pe Co 3 Wiehoidt Stores. .

DAILY PRICE INDEX

Dun & Bradstreet’s daily weighted price index of 30 basic commodities

+, | compiled for United Press (1930-32

average equals 100): Saturday .....c.c.ivsienanase 160.61 Week ago 121.35

se ac 080082200000

*| Month - ago vr ersnierroress Holiday

Year ago civivenes T5831 1939-40 High (Dec. 18) ..... 124.19 1939-40 Low (July 24) ...... 101.40

{FOREIGN EXCHANGE |i

EW YORK, Jan. 29 (U. P) TRollowing a noon cable rates on, major suprenck able

England ( Canada (

U. S. STATEMENT

WASHINGTON, Jan. 29 (U. P.).—Government expenses and receipts for the current fiscal year through Jan. 2 compared with a year

ixpenses receipts |

his

- 2,997, 1603, Se 38 3 192,328,576.85 2; 03,405.05 "355.08

i 38,239,458.08 2 939,997,921.96 1,595,913,754.35 2.295,772,374.89 Pub Debt. .42,101, 032 794.44 39,613;978,431.29 Gold Res. ..17,005,609,680.49 14,645,643,553.96 Customs .. 208, 703; 102,837.¢ 67 '185.779,276.93

‘| May future at 97% cents.

23.28 +0.29]°

30% | E1

32 |; 35%

NEW YORK, Jan. 29 (U. P.).—| higher

- 85,373, 08. 743. 71 85, 156. Hie 351 g3| dium

Big Board Irregular After Early Strength; Trade Volume: Light.

By UNITED PRESS Stocks turned regula in afternoon trading today at New York after early firmness. Volume was light. Steel shares eased slightly from

_|their highs when the American iron

& Steel Institute reported the third successive weekly decline in steel operations. The steel making schedule for this week was placed at 77.3 per cent of capacity, a decline of 4.9 points or 6 per cent from the previous week, and the lowest for a full week since Sept. 11. All sections of the list, with a few exceptions, moved in a fractional area, Minor losses were noted in Consolidated Edison, Douglas, Du Pont, International Harvester and Westinghouse Electric; Loft was active at a new high. few .low-priced issues had a turnover but real leaders continued dull. Asitle from the steel news there was little to affect the market which continued under the influence of extreme caution on the part of the trading element.

l. U. STUDENT HEADS. ADVERTISING GROUP

Times Special BLOOMINGTON, Ind. Jan. 29. —John A. Pearman, Terre Haute, is chairman of a National Intercollegiate Chamber of Commerce committee conducting a national contest to select outstanding community advertising folders published by Chambers of Commerce. Mr. Pearman is a student in the Indiana University school of business. Awards will be presented at the annual convention of the National Intercollegiate Chamber of Commerce March 8 and 9.

WHEAT DIPS 2 CENTS UNDER LIQUIDATION

CHICAGO, Jan. 29 (U. P.) —General liquidation carried wheat off 2 cents a bushel in early dealings on the Chicago Board of Trade today, and the market reached the lowest levels since early December. At the end of the first hour wheat was off 1% to 1% cents, with the Com was 4 to 3% cents and cunts lower,

off 3: to 15 cent, oats off * conte rye off 1% to 13% soybeans 1% to 13%

ANNOUNCE AWARDS

Times Special LAFAYETTE, Ind., Jan, 29.—Dean Harry J. Reed of Purdue University’s agriculture school today announced the winners of 4-H Club scholarships. Five are $100 awards sponsored

home economics school and four are $50 awards sponsored by the Pure Milk Association for the eight weeks’ agriculture course. Ball Brothers scholarships were awarded to Phyllis Hyde, 18, Indianapolis; Rachel Stewart, 17, Greensburg: Mary Louise Foster, 18, Connersville; Ruth Jean Hinshaw, 19, Carmel, and Margaret Fuller, 17, Mishawaka. Alternates are Carolyn Smith, 18, New Ross, and Helen Ruth Branson, 18, Rensselaer. Winners of Pure Milk Association scholarships were: Victor Bannwart, 20, Wanatah; Ora Fultz, 20, Lafayvett; Myron Lucas, 20, Terre Taute; and Dick O’Connor, 18, Francesville.

s| Alternates are Harold Heinold, 20,

Kouts; Ben Illyes, 20, Noblesville,

2iand Dale Pruitt, 19, Indianapolis.

Cu rb Stocks

hn Low tag 2% 3a a"

Aero Sup B .. Sg 148% /s

Alum Co Am .B

22 109% avs 16% 1

p Cancse 1 pf . Cities Serv .... Cooper Bes .... Coperwld Stl .. Bd & Sh ... El Bd&Sh 6 pf. | Fruehauf Trail.

y vas 17% Fechnicolor .... 143 Un Gas Corp .. 7 Un Gas Cp bof. . Un Lt & Pwr A

CHICAGO LIVESTOCK

Recetots, 17,000; active, 10@20c ; top, S30. bulk d and ogc bs., [email protected]: 230-240-1b, butchrs, $5. 15.70; most 240-270-1b. HE [email protected]; 270-330 lbs. generally sie2 .30; god aie. der weights, % $5@5. 30: -550-] 2% ng sows, 40 r weights to $4.90. s out Cattle Receipts, 15,000; calves, 1000; excessive steer and heifer run here: supply short fed: longfed steers of value 1 at $11.50 upward: liberal ore of Ly to turn at $10 $8 and below; choice steers and yearlings weak to 25¢ s 2 here fully 25¢ down with most good steers 50c lower; early top 1053-10. yearlings, $12.10; choice 1450-10, buflacks, $11; medium weight values. also at $11; sprinkling Sales $8@10; all measurably lower th e last week: bulk. top unsold; heifers: BH ae stee ply mostly short fed sellin tows and bulls weak to 15¢ hy weighty sausage bulls, fa! ha steady at $12

.25; vealers down; mostly $ll@

he ceipts, 9000; exceeding! ’ Pract tically no early sa es; Eaton: jaibe 8 ok Io Sasier; sheep about stead ys Fhoie os ass lambs bid $9 few LB Ls ter ewes, $4. 3504. Ph i

OTHER Veo.

ower; commor grades about Steady: cows, hi

steers, part loa ot e982 @8.35 3s

8.50 common steers an load Rear 725-1b. d weg u SGT

shined

to 35. heifers. $9. 25; sho medi load 3, st good, 31 A 30@s. common down to

wn beet and er mostly ial [email protected]; (canner 25

ow ood sausa y, top, Sis food ne ce $13 or

$3 others, $7@11 around

r to 0 a as

FOR PURDUE STUDY;

by the Ball Brothers Co. for the|Go

taxpayer.

the disadvantage of the taxpayer. easily discovered on the face of. companied by a payment of more

titled. »

for filing the returns.

. applies to a revenue officer for

newspaper articles, of which this

class of individual taxpayer—of

tions, rulings, and decisions.

endar year 1939 began January 1 and ends at midnight of March 15, 1940. To file early is of mutual benefit to the Government and. the Within this period are filed annually millions of individual income tax returns, a large proportion of which report income subject to the tax. The latter contain a considerable percentage of errors, which if uncorrected by the audit would result to

other returns it is readily discernible that the taxpayer has failed to take advantage of the personal exemption, credit allowed for demendents or deductions from gross income to which he is en-

To avoid these and other errors, the Bureau of Internal Revenue . "urges careful reading of the instructions accompanying the forms ‘Additional information, if needed, may be obtained at the office of a collector of internal revenue, deputy collector; or an internal revenue agent in charge.

turn should take with him a copy of his prior year return. Also, as a further aid in the preparation of a correct income-tax return for the year 1939, the Bureau has prepared a series of short man, wage earner, professional and business man—in fact, every

under the income-tax law as interpreted under the latest regula-

Many are errors of computation the return, which usually is acthan the amount of tax due. In

A taxpayer who assistance in preparing his re-

is the first, advising the salaried

the requirements and privileges

HOGS SELL 20 CENTS HIGHER

‘Weights Above 160 Pounds Make Full Advance; Vealers Drop.

the price of hogs - weighing more than 160 pounds at the Union Stockyards here today, according to the Agricultural Marketing Service. Other weights gained 15 dents.

200 to 210-pound weights. Vealers

dropped 50 cents with a top at $12.50.

reductions of 15 to 35 cents.

s 38 022 27 ... B55 29 .... 8.00 Packin Sows and 300..8 4.75- © 330.. 4.650 4.55-

Jan,

24 2...

Repts.i Jan.

Repts. 7131( 26 .. B

«3 3 35 a, 847

3 90 Barrows and Gilts | Good and Choice . IGood 1 140 $§ 4.60- 5.15 270- 3 160. 4.90-5 300-

DOOD WE SST

6 0 50-

oa eB bt ooo [X]

50- 500.. 4.00- 4.6 5. Slaughter Pigs 160- 200. 5.10- 5. sgn and $9007 Slighter Cattle & Yeaers (Receipts, 1500) Steers

$10. I3-

Do oa

38 8

1300-1500. Medium— 750-1100. J100. 1300. mon— 750- 1100. 6.25- 17.50 Steers, Heifers 500- 800

Mixed— £00- 750. 9.75-11.00 d 800-1950.

00d — 500- 700. 8.50- 9.75! Heifers: ies B00.

30-500. 9.50-10.75|,800-1950. 3.25: 9.501 200-1000. 7.50- 8.754 300: 300. 506-500 6.00- 7.50 Good . Cows 6.00- 6.75

Calves (steers) Good and Choice— Medium .. 5.50- 6.251 Cutter and 4.50- 5.50 edium

cutter)... 4.00- 4.50| 500 down 7.50- 8.75 SHEEP AND LAMBS (Receipts, 29135) Lambs

Esk NDGY DW Oo Uo

(Receipts, 447) teers Choice—

od— 750 909. Mediu 350- - 900

M 500 atl 8.00- 9.2 oS alves (heifers)

5600 down 8.75- 9.75

Good and choice ........ Medium and good .. Common Ewes (on .shorn basis) Good and choice

LOCAL PRODUCE

Heavy breed hens, 5 lbs. and aver, 12c: under 5 lbs, 10c; Leghorn hens, Tc; Barred and White Rock roasters, 4 Ibs. and over, 12c: under 4 lbs., oe colored roasters, 4 bs. and over, 10c: under 4 1bs., 9c; heavy breed stags, Tc; Leghorn stags, 6c; Leghorn broilers, 2 ibs. and over, 9c; capons, 9 lbs. and over, 18c; 8 lbs. and over, dc.

20c; each full case must weigh 55 ross; a net deduction of 15c¢c aT each ull case under 55 lbs. will be m Butter—No. 1, Shs @ ate; No. age. 332@ 34c. Butterfat—No. 1, 30c; No. 2, 29c.

LAFAYETTE, Ind. Jan. 29 (U. P.).—Lee Patrick, Commodity Loan

*| supervisor of the Indiana Agricul-

4! ture Conservation Committee, announced today that 3567 Indiana | farmers received loans on 1,393,255 bushels of wheat in 1939 under

1 the AAA Commodity Loan pro-

gram. Loans were made on 1,228,772 bushels of grain stored in elevators and warehouses, Mr. Patrick said. On 164,438 oushels of wheat stored on farms, 415 loans were ganted, he reported. Hoosier farmers received an average of 72 cents a bushel for their wheat. Top prices of about 74 ; cents were paid for grain raised in the southern sector of the state. According to Mr. Patrick, wheat now under loan is valued at $1,067,828.40. ‘Farmers were able to obtain the

A 20-cent advance was made in

The top price rose to $6 paid on the

Fat lambs Were slow sellers at

1500 6613

3.90- 4.75

6.75- 17.00 6.00- 6.75

9.00- 9.75 8.50- 9.00

8.00- 9.00 7.75- 8.75

7.00- 8.00 6.C0- 7.00

300. 301 down 9. 25-11 00

No. 1 strictly fresh country run eggs, R.

Expect Retail Credit School To Attract 100

Two Butler University faculty members will be guest speakers at tonight's opening session of the Retail Credit School at the Claypool Hotel, ' They are Dr. M. O: Ross, dean of the college of business administration, and Gustav C. Klippel, evening member, Allison Koelling, manager of the

apolis, sponsors, expects 100 ‘to attend the opening class. Credit school classes will be held each week until ‘April 8. Dr. Ross will speak on “Credit as a Business Force.” Mr. Klippel, who is also credit manager at VanCamp Hardware & Iron Co. and school director of the Indianapolis Association of Credit Men, will speak on “Credit as a Profession.”

Agents to Meet

The first 1940 quarterly meeting of the Indianapolis InsupAnce Agents Association will be held at 6:30 p. m. today at the Indianapolis Athletic Club. Members will discuss possible changes in the by-laws and consti5| tution of the association. Members °| of the committee in charge of the meeting are Curtis C. Duck, chairman; Fisk Landers, Ivan Hyfield, William K. McGowan and William

-|J. Henshaw. Herman C. Wolff is

president of the association.

. Joins Teaching Staff

Miss Mary Sue Spilman has joined the teaching staff at Lain Business College, North and Delaware Sts. Miss Spilman received a bachelor of science degree in business administration from Butler University in 1938 and attended Indiana University. She is a member of the National Commercial Teachers Federation and National

5 Education Association.

Incorporations

Saint Francis College of Lafayette, Inds no capital stock; educational; Sister M. Benigna Malin, Sister lara Agnes Moellers, Sister M. Stephena Lenninger, Sister M. Leonardilla Boeckh, Sister M. Amatora Tschechtelin, Sister M. Fridiana Peters. H. Kohnstamm & Co., Inc, New York corporation; amendment of articles of incorporation.

The Home Lumber Co. of Elkhart, Elkhart; preliminary dissolution.

International Minerals & Chemical Corp., New York corporation; admitted to diana to manufacture and sell chemicals, dye-stuffs, oils,, paints, varnishes, ete.

Globe Pur Co., Inc., Michigan’ corporation; admitted to Indiana to engage in wholesale and retail fur business.

Ladoga Frozeh Food and Locker Service, Inc., Ladoga; 2 ent. Warren Britts, FP, Ladoga; 200 shares of $50 par value: refrigeration’ plant: Harmon Rogers, Claude D. Bron naugh, gar 'C. Mangus, Wallace J. Williams, Warren Britts, John H. Miller, C. Alonzo Welsh, John M. Stanley, Homer G. Kessler, Luther Perkins.

3567 Indiana Farmers Borrowed on Wheat i in ’39

mmm press,

AAA loans if they had complied with the acreage allotments. Loans on 1939 wheat will mature April 30, 1940. “At the prasent time,” Mr. Batrick said, “wheat is selling on the market: at about 93 cents per ‘bushel. Farmers should watch the market, and fake advantage of high prices to liquidate their loans by repaying the loan plus interest and storage charges.” Mr, Patrick announced that by Jan. 19, this year, the AAA had loaned $1,582,546 on 2,777,939 bushels of Indiana corn. He called attention to the fact that the 1939 loan program will terminate March 31, 1940, and that until then loans may be obtained at the rate of 57 cents a bushel. | Only 533 Hoosier wheat growers received loans on 1938 wheat with

NN AND TOPCOATS

® NR ee ED:

wort a muc higher price! DEPOSIT Holds Any Garment

OPEN UNTIL 9 “O'CLOCK SATURDAY NIGHT

{IC AGO

a total valuation of $134,619.53.

SUITS, 0'COATS

school faculty|!

Retail Credit Granters of Indian- |]

John Jay Corson, director of the Social Security Board Bureau of Old Age and Survivors Insurance on “Your Family and Social Security” at 9:30 o'clock, NBC-Blue; James B. Carey, United Electrical Radio and Machine Workers president, on “The C. I. O. and Business” at 8:30, NBC-Blue; Rep. Joseph W. Martin (R. Mass.) at 9, NBC-Blue, and Wendell Wilkie, Commonwealth Southern Corp. president, on “College Men in PubBe Service” at 5 p. m., Mutual-

: ” ” »

You probably noticed it was Frederic March and not Joel McCrae on the Radio Theater last Monday. Mr. McCrae became ill, and Mr. March took over with only a day’s rehearsal. This was the second time he had done yeoman service.

8 o 2

INDIANAPOLIS WFBM 1230 ° (CBS Net.)

Kathleen Norris Golden Stor Hollvwood Dick Scattergood O’Neills Billy & Retty I Hedda per I H. V Kaltennurn European News

(NBC-MBS)

Girl Alone jdstream

Reed

Jessa

Torin dei

Sports

Pleasures Time Myvsterv Treasare Hunt Dick Reed

News Lum and Abner Good Win

Tune-Up, Time Minstrels

Tommy Rizes Richard Crooks

Radio Theater

Dr. L Q. Aleg Templeton

Guy, Lombardo Blondie

Contented Hour

- Sensations, n ”

S3| BES3| 2833 | 2853] S853] 5823/5853

Amos and Andy News New Rollini’s Trio Lou, Breeze

SPS | ©VED | NWRWR | tnted | ADDD| Wr

s Sammy Kaye

Paul Sullivan Berrigan’s Or. Ray Herbeck

Recordings

” ”

Joe Sanders

INDIANAPOLIS WFBM 1230 (NBC Net.) Early Birds ” »

(NBC-MBS)

Dawn Pare) Market

» Dawn ee

News

Fred Miller Seed Jornine Tem Miss. “Julia

n Basonology

= Todav Air, , Kitchen

B3o3| sang a

out of ice. Ice Cube Hunt. . ,

THIS EVENING

(The Indianapolis Times Js not responsible for inaccuracies in program announces ments caused bv station changes after press time.) -

INDIANAPOLIS WIRE 1400

3ishop Praetorius Byrd School Workshop

Swing

. .

CHICAGO

WLS-WENR 780

(NBC Net.) Radio Neighbors

Anthony Charles Sears Brook Or. Children s Bud Barton Tom Mix

Better Business

” Andre Kostelanetz plays two dise similar medleys at 7, CBS-WFBM., One is a western group and the other from Victor Herbert. , . HK. Peggy Joan and Marianne Moylan,

aged 5 and 7, respectively, will be guests of Alec Templeton at 8:30, NBC-WIRE.' They are said to be the youngest harmony team radio. . .

Blondie and ‘her friends are planning an ice carnival and they run Blondie organizes an . Sherlock Holmes is surprised for a change in the “Adventures of the Second Stain” at 7 o'clock tonight, NBC-Blue.

. Guy Lombardo broadcasts for the last time for two months from New York at 9, CBSWFB

CINCINNATI WLW 00 (NBC-MBS)

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Glenn Miller Chuck Foster

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TUESDAY PROGRAMS

INDIANAPOLIS WIRE 1400

INDIANAPOLIS . WIBO 1050

Devotional Musketeers

Breakfast Jam » ”

New Good Morning Footlights

Editor's Daughter Devotional

Four Stars Inside Sports

Variety Show Richard Crooks

Dr. IL Q.. Alec Templeton ” ”

Contented Hour

Sensations, Swing

Peter Grant Paul Kennedy Al Jahn’s s Or,

Jimmy James Schnickelfritz B. Mogan River A

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David Harum Road of Life Against Storm Guiding Light -

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Mary Tavlor Life Begins Big Sist Joanve I rien

Kate Smith Girl Marries Farm Circle

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Linda’s Love Memories

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Reporter Home Circle

Headlines

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Woman in White

Woman of Courage

R Rs "Weather Hope Folks

Melody Lane PL wing arm House Words & Musie

Friendly , House

Public Schools. Varieties

Chttiboara Time

Boy and Girl anch Bovs

ones Tommy Sutton

1 Married

Novelty Aces Tinda's Love

Ag ainst Storm Garding Light

Happiness Unannounced F arm Hour

Ellen Randolph Editor’s Dagzister Peter Grant

Lanny Ross Joyce Jordan Christian Scie Mv Son and 1

Bettv and Bob

Valiant Ladv Church Hymns

Grimm’s Daughter

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Community Jan Haven of Rest

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Mary Marlin Ma Perkins Pepoer ne Vic and Sade

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Waltz Time Hits and Bits William Wirges Smilin® Ed

Kathleen Norris

Backstage Wife Stella: Dallas Lorenzo Jones Widder Brown

Girl Alone Midstream Dick Reed O’Neills

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Scattergood

3 9 lock Club Ralph Russell Memories Serenaders

Backstage Wife Stella Mallas

Miss Julia Beautiful Life

Streamlined Swing Ridy Keene

Blues Chasers Serenade Silent

stream Jack Armstrong Invitation

KEY NETWORK STATIONS (Subject to change): MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850. NBC-BLUE—=WJZ, 760; WOWO, 1160; WLS- WENR, 870; KWK, 1350. NB(C-RED-WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. CBS—WABC, 860; WJR, 750; WHAS, 820; KMOX, 1090: WBBM, 770.

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IY THE

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INDIANA MUSIC CO.

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Ladies’ Full

Fashioned: HOSIERY son

FOR PROMPT SATISFACTORY CLEANING

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120 ERST OHIO ST.

CLOTHING COMPANY

131 W. Washington St. Directly Opposite Indiana Theater

late te dd

GEO. J. EGENOLF

NEW SILK

Sizes 14-44

'MILLER-WOHL CO. 45 E. Wash. St.

RI-2230

MACHINIST 181, W. South LI-6212

ELINED Men's EPAIRED | ., A | EFiTTED | Women's

FUR COATS Largest Selection in the State

INDIANA FUR GO.

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vingatons |

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AUTO AND DIAMOND

LOANS

30 Months to Fay

WOLF SUSSMAN, Ine.

339 W. WASHINGTON sr.

"Established 38 Tears Opposite Statehouse

Liane J

: 129 Ww. Wash. Indiana Theater

Others $5.00, $7.50 and $8.50

ALL

WHILE THE REST OF THE TOWN SLEEPS HAAG'S ALL-NIGHT DRUG : STORE 22nd and Meridian

IS OPEN

> Exacting oe oe WATCH REPAIRING At LOWEST PRICES

STANLEY JEWELRY CO.

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—

ep—Receipts 8 ‘150 head | good a choice SR, “ded “West- | Studebaker .... INDIANAPOLIS CLEA CLEARING HOUSE ern Lambe. $9.35: choice elf higher | J Superior Ofl ‘... 5% 2 oes small lot or Raa Tolb: a abies .50, Bwift & Bo p+ 32 Debits ,.... 8,000 Ts common ; 1

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SACKS EF S BROS.