Indianapolis Times, Indianapolis, Marion County, 1 February 1940 — Page 15
WEW YORK, Feb. 1.—Those who deplore the split in labor arising out
of the quarrel betweén John L. Lewis|’
and William Green now see a new split—between John L. Lewis and Sidney Hillman. :
Green and Lewis: represent two utterly opposing principles of labor organization. The split is natural, fundamental. One or the other of these two camps must win. But the split developing between Lewis and Hillman is not fundamental. It is political, purely political and nothing else. When the labor groups lined up behind Roosevelt in 1933 and the great battle began between the C.I1. 0. and the A F. of L., the three outstanding figures in that battle on the side of the C. I. O. were Lewis, Hillman and David Dubinsky. Lewis never lined up as a political stooge or lieutenant of Roosevelt, however. He always kept a clear and unmistakable aloofness. He is an old campaigner. He knows the pitfalls of politics. He knows that you get out of politicians what you can force them to: give by virtue of your power. You can get little personal favors, of course. But you cannot make a politican line up on a dangerous issue of policy unless you have so much power that he dares not ‘alienate you. And Lewis knew that he was demanding much.
2 2 = HILLMAN, on the other hand,
instead of remaining aloof and be-|7
ing the 100 per cent representative of labor, allowed himself to be
sucked into the politics of the White House.” That is a dangerous experiment. Hillman, hitherto always on the outside of political power, did not realize it. There is a glamour about the White House. The man who puts his feet under the President’s luncheon table, warms them at the Presidents hearth, has taken off his armor. Thereafter he likes to talk about his intimacy with power — “The President said to me” and “I said to the President.” He has become enmeshed in White House politics. He will represent the White House in labor. wis persists in representing labor at the White House. Lewis has made up his mind that labor has got out of Roosevelt all it can hope for. That may seem cruelly realistic to sentimentalists. But it is a fact. There is not one more thing that Roosevelt can or will do for labor.
» » #
LEWIS IS NOW INTERESTED @4.
in getting as much more for labor as he can. He ‘is ready for new bargains. But Hillman is loyal to the person of the President. He hasi$ lost his power to be realistic. He|$ will play White House politics in the labor movement. And, as a result, the C. I. O., which has had to battle against the A. F. of L., must now face a split. The Roosevelt influence which helped. build the
C. I. O. may now, for political a
purposes, tear it down. What is the thing that labor is now most interested in? Jobs. It has gone about as far as it can in|a
its organizational drives for the Ib.
moment. It needs work—bread and meat. Lewis sees disaster in a party which. cannot produce recovery without more spending. Hillman thinks labor must stick to Roosevelt because he was a friend, even though this means keeping Roose-
velt in the White House for a third|330
term or, even worse, going down to defeat with him. Lewis is determined, if possible, not to have labor
t go down to defeat with anybody. | ip! $5503.15 5: Bre 160 ms. &% 75@5; sows| C
He thinks labor’s claims are more important than the political fortunes of any one man. Hillman has become the ileutenant of a politician and his ambitions. It makes a grand opptrunity for the enemies of | labor.
Incorporations
Nerborn Markets, Inc, 629 Broadway, Gary; agent, Theodore Nerin Jr,, same address; 100 shares no par value; frocery and meat market business: Theodore D. in| Richard J. Osborn, Justin
Araots: Inc., 247 Massacitse)ts Ave., Indianapolis; agent, Edward H address; 1000 shares common no par "value; manufacturing inseeiicides and sell insulation Rroducts; a ard H Spa ok t, Eleanor E. Arnott, W. e W. Warr Quaker Hill TE al or He. 101 S. 8th chmond; nec capital stock: religious, educational and charitable: Arthug M arles, Walter C. Woodward, W Tu Hadley, Isaac E. Woodard, Alvin T. Coate, ainage Contractors, c., Mic corporation: amendment of articles or gan corporation = General Pruck Sales, Inc., Indianapolis: amendment Inpjcasing capital stock to 5% shares of $10 par value. A. Johnson Forge & Machine Co., Inc. Mishawaka: amendment Scteesing capital stock to 400 shares of $100 par value. Standard Oil Co.. Chicago, Ill.; registration of trademark, “Standard” 8ervice,” class 38: clothing. TOocers Borvive Corp. Chicago, Ill: registration of trademark “Happy Host, » class 45: foods and ingredients ot foods.
DAILY PRICE INDEX
NEW YORK, Feb. 1 (U. P.).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for the United Press| (193032 average equals 3003: : Yesterday ...... ves srenaderes 110.72 Week ago ..... 120.82 Month ago .... 122.87 Year ago .| 105.48 1940 High (Jan. 2) ......... 123.34 ‘1940 Low (Jan. 30) ..........| 119.66
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ees eseoes esses
#ecsecssscconee
See Final Edition of the Times for
Closing Stock Quotations and Other Late News
Friday and Saturday
SPECIAL SOLES Men’s ‘Ohio Shoe Repair ~ 45-47 W. OHIO ST.
Ladies’ i 39e i 49 SOLES ye 18 8. lllinois, * PEAR FioR”
. Arnott, same R
HOGS F 1 PART OF PRICE
Advance 10 Cents at Stockyards.
Hog prices regained a portion of yesterday’s «losses at the Union
Stockyards here today, according to the Agricultural Marketing Service. Weights over 160 pounds. sold 10
division. Vealers were steady with. a $12.50 top. Fat wooled lambs advanced Es cents on small receipts. Jal, 3 53 Rents. hk . 1500| F
27. 29 ... 00 sl 30 ... 5.90
1.. Barrows Sua ails” I Packing Sows Good and Choi
od a; 130 140 $.4.35- 4.90{ 270- 500 % 8- 4.75 140- 160 0 $435 5.6 FE 330. % =a 3 60. tid
Jan, To; 31 vee. 3 3 Feb.
4.30- 4.50 4.15- 4.35 4.10- 4.25 - 4.50 4 75- 5.50] Stanghter Pigs:
edium— Med d Good 160- 200. ‘a. 75- 5.40 90- “120, 3.50~ 4.50 Slaughter Cattle & Vealers (Receipts, 577) Choi Steers Yearlings excluded) Ge aniseed Ce then - . . - ad 1100-1300. 10.00-11.25!Good. .... 6.75- 7.00 1300-1500 10.00-11.00 e e
Good— 750- 800. 9.00-10.50 00-1100. 9.00-10.50| 8.50-10.00
9 . 1100-1300. 3 8 . 8.25- 9.25 Cc 7.50- 8.75 c 7.25- 8.25
. -6.25- 1.50 Steers, Heifers Mixed— £00- 750. 9.75-11.00] 550 G00 700. 8.25- 9.75 Heifers Good
hoice— 50- 800.
8.00- 8.75 8.50- 9.00
8.00- 9.00 7.75- 8.75
7.00-- 8.00
9.25-10.75 750 900. 8.25- 9.50/ Medium 0- 7.00 ou: 900. 7.25- 8.50 Calves | os 500- 900 6.00- 7.25 nd Ce 8 6.00- 6.50
Gi Medium 3 50- 6.25 Cuter and 4.50- 5.50
mon Stn flow cutter)... 4.00- 4.50/ 500 ome 7.50- 8.75 SHEEP AND LAMBS (Receipts, 1262)
Lambs Good and choice Medium and good Common
Medium—
500 down 8.00- 9
$s (on.shorn basis) . 4.00- 5.00 2.75- 4.00
Ew Good and as Common and Inedium
Se phacointS, 13,000;
market stead ly to 5 cents
lower;
mostly Sow:
$4.85@5. 15; heavier weights,
4.75; 2nd choice 140. 3
0 -160 5 _ underweights, 4.75 acking sows, $4.25 500 0 3 1000; 11] : calves, we! finished cattle all 00S scarce; market slow even on strictly good and choice offerings; only moderate supplies such kinds here; dull; steady on shipper account; shipper demand narrow; early top yeigniy lo Tongfed steers, $11; best yearlings, all other grade ‘steers and yearlings weak; medium to good heavies® 10@ 15 cents lower; sprinkling medium weight steers sold [email protected]
vealers steady but undertone bearish; mos heifers $9 down; medium weighty kinds at [email protected] showing most downturn;
: outside on weighty sausage bulls, 1 25: mostly $7 y eg esiers 3 1 fat lambs slow: early sales strong to 13 cents highers good | GC to choice lambs to Rokers [email protected]; outside paid and bid freely; best held $9. nd above: one double ood J choice 80fat shorn lambs, $8.75; 80-1b. fall shorn lambs, $8.75; yearlings and sheep ‘scarce; quotable about stead y.
OTHER LI VESTOCK
48 ie Sgt no 350 1by (85.00 —5 cents gh er; - S. 0; 80. 2 0 Jos, $5 $5.45: 160-180 Ibs., $5.35: 220-240 Ib
$4. 55: 100 {do 160 - S 30 Soughs, $4; stags, $3; calves, $12;
CINCINNATI, Feb. 1 (U. P.).—Hog: 1300; holdover: ay: Fairly active steady Top, $5.85: 220-24
moldy 3 200+ 1 2 attle— n ves, 225. Dull limited receipts. Odd light heifers, [email protected]; Dr Com. mon to good fat beef cows, $5.50@6: canpos apd Sayers, $1350; 25; Rul sausage op, u chai, 311 doit so fs een— eady with previous days Around 250 head of good LR choice 93 Yo.
ped western lambs, $9.25; few good CPP,
25; common and divin, $7@8.
| slaughter ewes mainly $3 dow
U. S. STATEMENT
WASHINGTON, Feb. 1 (U,
rent fiscal year through Jan. 30, compared with a year ago:
This Yea Yea $5. 456. 162. 301 4 $ 04.
Expenses.
,589,303.2 . 42/128] 087, 933.38 : Gold Res. 17.997.165.744. i Fry oan 299, Customs.. 212,444)959.19 '187,937.699.83
Clean I hlavaroLts CLEARING HOUSE Debits
12,393,000
FOOD PRICES
CHICAGO. Feb. 1 (U Pr gion les— Michigan Mackintosh bu., [email protected]. Sweets Potatoes—Tennessee bu. » [email protected]. Celery — Michigan crates. 75¢@$1.25. Spinach—Texas bu., [email protected]. Cauliflower California crates, [email protected]. rots—California crates, Market (50-1b. sacks): 87%c; rado sweet Spanish, 85¢c;
Wisconsin lows, 80c; yellow Danvers, yo:
87Y%:¢
FOOD PRICES
CHICAGO. Jan. 31 (U. P.).— J Michigan Mackintosh bu., $1.1 nn Sweet Potatoes—Tennessee bu., $1.40 Celery — Michigan crates, 90c@$1 Spinach—Texas bu., [email protected]. A flower—California cratgs, [email protected]. CarEe roa Srates, $2.3502.65. SH - sacks) chigan ye! lows, 65@80c. Illinois Jellows, Ses 1: y daho 7
DECLINE HERE
Weights Over 160 Pounds|
cents higher, while lighter .weights|" remained steady. - Top prices quoted |. were $5.75 on the 200 to 210-pound :
A 500 down 9.25-11.00 A
25| A Calves (hcigars)” Good— 300 do down 8.75- 9.75| Am
$ 0.25- 9.401 8.50- 9.00
CHICAGO LIVESTOCK |Bisior. 5
t & :| Col Broadcast A 24 t Gas 5%
cutter cows. $4.50@5: most beef cows, $5.25|C
40} Curtiss Wr .
5: | First N.Strs....
P.).—Gov- I ernment expenses and receipts for the cur-|Int T&T
6 Kennecott «c..s
Menge $ 3,752,000 es
‘Mont Ward ...
XK K. Meisenbach . . . president. More than 200 members of the Mayflower Warehousemen’s ASsOciation are expected to attend the ts.|annual convention at the Claypool
‘|Hotel beginning Monday.
The warehousemen, all exclusive agents of the Aero Mayflower Transit Co. of Indianapolis, long-distance household goods moving. system, are members of the coast-to-coast organization of more than 350 inde-|W pendent warehouse operators in every state and Canada. The Hogan Transfer & Storage Corp.,' local warehousing concern and Indianapolis member of the association; will be host to the convention. John ‘Sloan Smith is president - of the Hegan company and vice president of Aeréo Mayflower Transit Co.
: Net High Low - Last Change Allen Indus .... 10 10 Allis-Chal 353% 35% Am Ai Tlines . 45%, m Can °... 114% 24%
ivi eRllir i
Atchison Corp .
Bangor & Ar . Barnsdall
3igelow San i aw-Knox ...
[tay SHELL +
Canada Dry ... Gan Pacific ...
e J I va B S28 ki T°. 50 Celanese pr pt 1 114, M St P&P
8 :
tlt ae
Colum Col Gas rd A'S Col Pictures pf om Cred Comwltl Sony h Con
x Conta t M 4 Cont oil "el see l0
LLL
+l
23% 10 —]— Davison Cha. 1% re & C . , Dome Mines . Du Po
2
7% 30 179%, 17008 —_—
Elec Boat Eng Pub 8
15% 9%
Gair Robt Gen aie”. os
+
FEE]
reen HL .... 3 Greyhnd 52 pf
Houston: Oil ... * | Hupp Motor ...
tH
35% 4
35% 35%
22% 16%
. 22% . 16% . 30 24%
sh 2 P. got. Hg Sarr Aire’ Loft, Inc
++
McGra . 23% Martin Glenn) Marshall Fld .. 133 WV
EEE
t . ission Corp . Mo Pac of
THE HE
Ya . 243%, —C Ohio Oil ...... 6%
>
No Am Avn . 24%
6%
|Paec Coast .....
paramt Pict ... Te Parke Davis .. barmelee ] Penney Penn RR .. ... Pfeiffer Brew . Phil Morris ... Press Stl Car ..
Sweet Spanish: 827.@90¢c. Colorado Lape Spanish, :
PEORIA, Ill, Feb. 1 (U. P.).—E. M. Harsch, secretary of the Hampshire Swine Breeders Association, announced today the projected organization of the American : Pork Producers, Associated, as a nonprofit agency to make the nation “pork conscious.” He said the organization will include representatives of swine growers’ associations in eight cornbelt states as well as delegates from the American Farm Bureau Federation, the National Grange and state agricultural groups. An annual expenditure of $2,000,000 - for advertising pork products was predicted by Mr. Harsch. He said the money will be raised among producers by a 5-cent levy on each hog marketed. Mr. Harsch is directing the organization as chairman of a committee comprised jointly of members of the National Association of Swine Records and the National Swine Growers’ Association. Incorporation in Illinois will be
sought Feb. 15 in conjunction with an organisstion meshDg + at Ohisage’s
LIFE]
Procter ve 6 Public Serv ... 40% Pullman 26's: 26%
Plan Association to Make Nation ‘Pork Conscious’
which Mr. Harsch said would be at-|y
tended by packers, farmers and Federal Agriculture agents. He outlined the following tenta-
household use of pork products: "1. ‘Production of superior old-fashioned hog lard to be identi-
“pure lard sho: ‘tening.” 2. Restoration of pure lard short-
household and commercial use.
year-around diet. 4, Increaséd use of ham and]! bacon as breakfast dish. 5. Regulation of the organization always as a prodiicers unit, financed and controlled by producers. 6. Enlist co-operation of all associated or interested groups. The organization will draw its members from Iowa, Illinois, Minnesota, Ohio, Nebraska,
sible later inclusion of
from: Wisconsin and Michigan.
N. Y. STOCKS
By UNITED PRESS
1 | Month 886 «..ccionieenss
8 | Year ago
4 St Jos Lead .. Seab’d
nnnannnn®d (=%
s Vulcan Det ... 90
Department |p tive six-point program to increase 5 el fied by stamp of merit and marked |:
ening to a proportionate. place in apd:
Lo] 3. Recommendation of pork as a|}%%.
Ee
Missouri and Pennsylvania with posproducers
J. S. Smith . . . convention host.
K. K. Meisenbach of Dallas, Tex. is president of the Mayflower Warehousemen’s Association. - Mr. Meisenbach will preside at the convention, and with other officers, present reports for the past year. Mr. Smith and E. H. Lamkin, the association’s executive secretary, are in charge of the program and entertainment. Warehouse and storage business will be discussed and exhibits arranged to illustrate modern methods utilized in the industry. The Aero Mayflower Transit Co. will give a dinner-dance Monday evening at the Columbia Club. Tuesday night the group will attend the Sonja Henie New Hollywood Ice Revue at the Coliseum and the annual banquet will be Wednesday at the Indianapolis Athletic: Club.
DOW-JONES STOCK AVERAGES 30 INDUSTRIALS —0.30 =0.71 —0.3% +1.91
Yesterday Week 280 .....co00s0es000000 146.29 woo 152.43 Year B20 ..v.crrevesrnss eees 144.34 High, 1940, 152.80; low, 144.65. “High, 1939, 155.92; low, 121.44. 20 RAILROADS Yesterday . Week ago Month a0 .. Year ago - High, 1940, 32.6%; low, 30.15. High, 1939, 35.90; low, 24.14. 15 UTILITIES Yesterday Week ago Month 880 ...covovvsnsencses
High, 1940, 26.45; low, 24.70. High, 1939, 27.10; low, 20.31.
i : Net High Low Last Change + Yi 5 le . 4012 403 + —— . 38%; Ya ..103% . 22%
38 0 103 7 22%
+ Air L cece Skelly pf nider 2 ‘Por R Sug... south Ry pf . i Sperr: orp ... a td Brands .... 1% G&E +13 . 13% tein 773 Studebaker .... 10s Superior Stl ... 13% To ‘414 . 429, 01s 10% 47% 53s 11%
24 4 . 29% 29%
elauto, Tap » oe Texas ( Corp ‘
1 n Pr Tide WA oir: INKCI1 see Transamerica .. 20th Cent Fox..
Union B&P .... 13%
4 . 47% . 15%
Vanadium 203%, 29% 90 —W . 232 235 a 113, 11134 23 Ve 29Y 514 5%; . 40% 40%, SE
17% 11% 11 £1 Lig Li
Ward Bak of . Warner oF 2
A Wheat ee Wostaroren oe
Yellow Tr Yellow Tr pf .
++ +74+1 eo .
Chicago S tocks
Last Adams Mfg 9 Armour &
Jutler Bros Cent & SW Ut Cent & SW Ut pl 0 hu
Mid West Corp : Perfect Circle .
Business News
|. The New York stock market con--|tinued in the doldrums today, prices
112%
Te ub Serv Co of Ind 1% pid:
| Morris 5&10 Stores 5% 50 .
W TOLDRINS: PRICES WOBBLE
Mixed as ‘Quotations Change Little at N. Y.
By UNITED PRESS
drifting aimlessly in quiet trade. Mid - afternoon quotations were mixed, with price changes generally small. U. 8S. Steel opened at $56.62, off cents, and clung narrowly around that level, while Bethlehem moved up to 75 cents gain at $73.62%% after earlier hesitancy. Leading motor shares steadied at minor fractional loses, while rubbers and auto equipments also were little changed. - Rails generally were steady to firm and utilities narrowly .irregular. Aviation shares improved after earlier softnes, Douglas recouping a forenoon loss of $1. Coppers were steady despite another drop in the|B spot metal price. Mail order shares were easier with Montgomery Ward off a major fraction, but farm equipments met support and J, I. Case moved up $1. Local tractions were strong as the city intensified its drive for early unification of traction lines. Continental motors, Studebaker, Loft and Tide Water Associated Oil were active. Business news was mixed. Carloadings for the Jan. 27 week rose seasonally and engineering construction awards spurted 92 per cent over the preceding week and 6 per cént over a year ago. Bank clearings continued unfavorable. However, the National Industrial Conference Board reported an increase in unemployment in December and Moody’s Businss Indx hit a new low since Sept. 16.
LOCAL ISSUES
The following JJgtations by the Indianapolis Bond & Corp. do not represent actual price offerings, put merely indicate the approximate market level based on buying and selling Suetations of recent transactions. Ste] Bid Ask Agents Finance Co co TY; 9 Belt RR & Stk Yds + 55%; 69
Indpls Gas $ com jndpis P&L 6 Indpls per in td aerenens Indp r pfd 102
? N Ind Pub Serv 6% Dp N Ind Pub Soy 1% pid Progress Laundr, >ub Serv Co of Ind 6% pfd..
30 Ind Gas Elec 4.89 pfd. “19 Ferre Haute Elec pfd 99 Union Title Co com Van Camp Milk pfd Van Camp Milk com .....cc.00 Bonds American Loan 5s 51 American Loan 5s Citizens Ind Tel Sia 02 Crabbs-Reynolds-Taylor Co 5s 97 Home T&T Ft Wayne 5%% 55 103 Home T&T Ft Wayne 6% 4 4 nd Asso Tel Co aa% 85 . nd Tel Co 5% 60
Co 414% 49. +100
00 Muncie Water Works 5% 65...104Y%; Nat Silk Hosi
|istration statement with the SEC
{Indiana
Corp. to Yesue® New Securities
Times Special 5 NEW YORK, Feb. l.—Indiana Associated Telephone Corp. today announced it intends to file a reg-.
covering the issuance ‘of $3,800,000 3% per cent morrgage bonds and 2660 shares of $5 cumulative preferred stock. J. PF. O'Connell], president of the General ‘Telephone Corp. subsidiary, said the first mortgage bonds will be due in 1970 and that the preferred stock will have no par value. The $3,400,000 principal amount of bonds will be sold through and underwriting group comprising Bonbright & Co., Paine, Webber & Co. and Mitchum Tully & Co. Net proceeds from the sale are to be used for redeeming on April 1 this year of $3,000,000 principal amount of the company’s first mortgage 4% per cent bonds, Series B, due 1965 and for additions to property and plant. ,The remaining $400,000 principal amount of the new bonds the company proposes to exchange for an equal principal amount of first Horlgegs 41% per cent bonds, Series , due 1965, now in the company’s depreciation fund. Indiana Associated Telephone Corp. furnishes telephone service to 32 communities and surrounding territories in the state. Principal cities served are Lafayette, Elkhart, Logansport, La Porte, Connersville, Goshen, Valparaiso, Wabash and Greencastle.
LOCAL BUSINESS
Real Silk Hosiery Mills, Inc., and subsidiary companies will show a consolidated profit of $169,536.31 for 1939, after provision for Federal income taxes, depreciation and all
estimate, it was announced today. ‘The amount compares with a consolidated profit of $119,018.49 for the year 1938. The company said the “preliminary estimate is subject to such changes or corrections ‘as may be made as a result of an audit now. being conducted by certified public accountants in connection with the preparation of our balance sheet and operating statements as of Dec. 31, 1939.”
Business Expands
. W. E. North Side Chevrolet, Inc, announced today the purchase of a lot with a 60-foot frontage in the 800 block E. 63d St. adjacent to the company’s headquarters. Mr. Kuhn said the lot will be used for displaying new and used cars and will be ready within two months. It was purchased from Elmer E. Hitchcock whose house has been removed. The lot, which is on the west side of the sales building, will probably be used as the site for expanding the building facilities in the future, Mr. Kuhn said. He estimated the cost of such a project at $30,000. With the new lot, North Side Chevrolet, Inc.. now has 180-
foot frontage in the 800 block, E. 63d St. - -
wife who for the year had
$5000 or more and the other
aggregate net income of th
( r Oats .... uakér Cats WwW Gas &
Net Last Change Wh oy fa 3 1-16 1H .... 2114 6% 13% 13 1092 — 12 4% 55% 662 ... 1-16 - ... 16Ys - 7 .
1 6% 7
« 1 108% 10%
. an Ba f . 55% 55%, % esse 6612 wits 1-16 1-16 . 186% 16Y, . NM 7
67%
67 7 13% 15%
Ye ennroa an Std: Oil Ohio pf 109 ° Sierl Bréw .... iicolor . 14% 1%
mn, Corp .. Un Lt & Pwr A in yright Harg :. 6%
14% 1%, 1
6% Cpe
LOCAL PRODUCE
Heav) Sheed cL 5 Ibs. and over, 12c; horn hens, 7c; Barred sters, 4 hs. and over 3 heavy breed s§ ; Leghorn aos ve pons 8 Ibs. and over,
1 wo 1 RaleLy “fresh counfry r
S, {i ase must wei ns 15 oe 08S; 8 net deduction f fines eduction 0! i sents tor each
Bitte No 1g 4c. Pe gee No.7, a3 ane
ces_Quoted ‘by y Wadiey on
him.
alien. - ”
If a joint rete is not made by
”
officer by the spouse preparing the personal exemption of $2,500 may tween them in any proportion as
Husband and wife may elect have been filed for a particular
Your Federal Income Tax
Husband and Wife Living Together Voy File J oint or Separate Return.
Who Must File Returns Returns are required of every individual who is single or who is married but not living with husband or
more or a net.income of $1000 or more, and of every individual who is married and living with husband or _ wife, if no joint return is made and if (1) such individual has a net income of $2500 or more or a gross income. of
or (2) such individual and his spouse each has a gross income, regardless of the amount of net income, and the.
(3), such individual and his spouse each has a gross income and the aggregate gross income is $5000 or more. Widowers, widows, divorcees, and married persons sepa-, rated by mutual consent are classed as single persons.
The personal exemptions are $1000 for single persons and $2,500 for married persons living together and for heads of families.
- year may file a single joint return (even though one has no gross income) or make separate returns of the income of each. If separate returns are filed, one may not report income which belongs to the other, but must report only the income which actually belongs to If a joint return is filed, the aggregate income disclosed is subject to both the normal tax and the surtax. The liability with respect to the tax on a joint return is joint and several. A joint return may not be made if either husband or Wile is-a Donresident .
be signed by both husband and wife and sworn to before a proper
pare the return, then by both spouses. Where separate returns are filed by husband and wife, the joint
. In filing a joint return husband and wife compute the earned - .income credit in the same manner as in filing separate returns, If taxpayer's net income is not more than $3000, the entire net income is considered to be earned net income.
or separate returns. Where, however, joint or separate returns :
may after the due date of the return file an amended, Tetum « or returns on a different. basis for that year. : - . i
a gross income of $5000 or
spouse has no gross income,
e two is $2500 or more, or
Husband and wife living together at the close of the taxable
charges, according to a preliminary|
(Bill) Kuhn, president of|
TONIGHT . %:00—Ask-1t Basket, WFBM. 8:00—Good News, WIRE. : 8:30—Town Meeting, WENR. 9:00—Music Hall, WIRE. 9:00—Glenn Miller, WFBM.
Speeches by famous figures are plentiful on the current radio log, with Paul V. McNutt leading the parade as regards local interest. Mr. McNutt, in his capacity of former Philippine High Commis sioner, will be one of the ‘speakers on tonight’s Town Meeting of the Air (NBC-WENR, 8:30 o'clock). With Nicholas Roosevelt, once vice governor of the Islands, he will debate the subject: “Should We Stay Out of the Philippines?” ” ” Keep. tuned to one of the Mutual network key stations for addresses by Secretary of War Harry Wood-ring-tonight, and two tomorrow by former President Herbert Hoover. M. Woodring’s subject has not been announced, but he may be heard at 9 p. m. in an address from Washington before the 15th annual Women’s Patriotic Conference on National Defense. As chairman of the Finnish Relief Fund, Inc, Mr. Hoover will make his first microphone: appearance at 1:30 p. m. tomorrow. Then, at 8:30 p.m. he will broadcast again from the annual dinner of the Overseas Press Club in New York. With him on this latter program will be Alexander Kerensky, who headed the provisional Russian government which succeeded the Tsarist regime,
nouncements caused oy station INDIANAPOL WFBM OLS (CBS Net.) Kathleen Norris Golden Store
Hollywaod Soattergood
Billy & Beit Plavh uh apaty
‘Kaltenborn :_Earvpean News
Girl Al idstream Dick Reed Neills
En Ree Dessa Byrd Ensemble Church Fed.
i
gam | aess 858 g853
PA o
2]
id 53585258 5358 B=
Mystery Treasure Hunt
Michael Loring Vox, Poy, Dick Reed
Askit-Basket Strange as Seems
Majpr Bowes
Good News ”» ”» ” ”» ” ”
Glenn Mill World Denton Misle Ball Bible & Life " ir Singing Cop » n
Amos & Andy . News Bob Crosby
coves’ WakR® ! as
Camttlon Musie Jan, Savitt
fh 1 pd | Se!
£353
Paul Sulliva Dick Stabile Recordin : Owens’ Or. 4 »
fd ag
INDIAN NA POLIS
30 Early | Birds Dawn Patrol 6:45 Markets ”» 98 n » Dawn Patrol 30 ” » ”» ” 45. News News
+ Freddie Miller Indpls. Today Good Morning Air, Kite, hen Melody Weavers Miss du
EM cei r Jn arge Hilt ,_ Stepmother
10:0 00 Short Stories 10:15 Life Begins 10:30 Bie Siste 10:45 Jenny’s | s Stores
11:00 hate “Smith 11:15 Girl Marries 11:30 Farm Circle 11:45
12:00
15 30 45 00 1
9:15 $30 Other 9:45
Plain
Wife ail
6: “3:00 i: i “8:00 8: 8: 8: 9: 8:
David Harum Road of Life
Singin’ Sam : Dr. Malor
Le s Love Keller Bros. News
Kitty Keene 5__ Noon Tunes
1: ) Lanny Ross 1:13 Joyce Jordan k 30 Butler Forum 1:45 ‘My Son 1
2:00 Society Girl 2:15 Tuttle’s Or, iy Air, , School
Hou Barkers: eport, Headlines Bettv Gi
Valiant wadv Betty Crocker
Marv Marlin
through WBBM, Chicago, Gen. John J. Pershing will be given the William Freeman Snow Award for Distinguished Service to Rumanity for his work in the campaign against social disease, The presentation will be made by Maj. Gen. Merritte W. Ireland from an American Social Hygiene Association meeting in Chicago. Gen. Pershing’s response will be picked up from a Tucson, Ariz., sanatorium. The broadcast will be at 9:15 o'clock tonight, : 8 ” ~
Fanny Brice (with Hanley Stafford) and Meredith Willson will be the only survivors of the present “Good News“ cast when that show is cut down to a half-howr on March 7. Newcomers will be Dick Powell, as singing master-of-cere-monies, and Mary Martin, the revue and movie warbler. J ‘Meanwhile “Good News” continues on its accustomed way tonight (8 p Claudette Colbert as guest star, She will appear with Edward Arnold in “The Happy Year,” an original by radio’s . indefatigable Arch’ Oboler. 2 = =»
Bing Crosby gets ‘em all. Latest is Gaspar Cassado, the Spanish cellist, who has given in to: the Crosby blandishments and will appear with the. crooner tonignt at 9, NBC-WIRE. Mr. Cassado, you'll recall, is an exponent of steel strings and wire “hair” for his bow.
INDIANAPOL 18 WIRE 1400 (NBC-MBS)
Pleasure Time
Jessel Celebrities Those We Love
Griff Williams
FRIDAY PROGRAMS INDIANAPOLIS WIRE 1400 py Ny (NBC-MBS)
Editor's Daughter Devo Man | Married Melody L et
Woman tn White Master Singers Kitty
Against Storm Guiding Light
Woman of “Courage Rhyiimakers ne d_Girl "Bays "Weatner Home. voi Folks
and Bob Musicale Timms Daughter Rarlin Bros.
He was guest soloist with the Indianapolis. Symphony last year. ® =»
THIS EVENING .
(The Indianapolis Times Is not responsi changes after
bie for inaccuracies in program ane press time.)
CHICAG AWLS- WENR 870 ANBQC Net.)
Radio Neighbors
CINCINNATI (NBC-MBS)
Ri ty Keene . Jac lastrs Tr Invitation
Hows r Sal iy Denton
Lowell Thomas Pleasure pT 8
Anthonv Galligchio’s Or, Wusiea) Bits Bud Barton:
© Easv ped r. Kee One, of ‘the Finest » : inside Sports Musical Americana George Jessel
Joe, Penner Those We wove
Concert oJ infature Good News
Town Meeting nw ” 1) » ” X no. Musio Hall Wyman & Thomas " 3 o ”» 10 ,0’Clock Final Peter Grant Paul Kennedy Jimmy James Barney Rapp -
Jimmy James Moen Biver
nw oo» ” L
Kassel’s or. Horace Heidt
INDIANAPOLIS WIBG ROL CINCINNAT]
(NBC-MBS)
IE voata ime to Shine Gosnel Singer. Ia Belle
Devotional Frolic
Breakfast Jam ”» ”»
” ” » ” Good Sala "Blak Footli hts Cotton Queen News
Man 1 Married Other Wife Plain Bill eene
Linda s Love ife
Charm . nine
Friendly , House
Riley Hospital Against Storm Casiletime Guiding _Light
Noonday Rhythms Mappiness
Farm Hour v an a" Livestock . Reports dfor=* Daughter < a Peter (
Betty and
Tommy. “Sutton
Valiant GLadv.
Haven = Rest Betty Crocker Mary Marlin
Piano
oods 4B Federation Ma Perkins Concert Hor Pepper Youne ”» Vic & Sade
3:00 3:15 Hits & Bits Stella D 3:30 William Wirges 3:45 Smilin’ Ed
Three-quarter time Backstage i
Lorenzo Jones Widder Brown
3 lock Club ksta wi Gisrence Gilliund Reena Ratias 1s
Mem Miss Ju Todage Music Beautiful "Lite
Girl Alone Midstream Dick Reed O’Neills
2:00 1 Kathleen »n_Norris 4:15 Golden Store 4:30 Hollywood
4:45 Scatterrood
Streamlined Swing Rit Keene Bl Chasers
3 ues an Mids to ro n Arms rane we dud Pe Preview
KEY NETWORK STATIONS (Subject to change): UCBS—WABC, 860; WIR, 150; WHAS, 820: KMOX, 1090; WBBM, 770. MUTUAL—WOR, 710; WHK, 1390; WHEKC, 640; CKLW, 1030; WSM, 850. NBU-BLUE—WJZ, 760; WOWO, 1160; WLS-WENR, 870; KWK. 1350. NBC-RED—WEAF. 660: WTAM, 1070; WWJ, 920; WMAQ, 670.
ASKS ‘HANDS OFF’
EMPLOYEES’ VOTING
DETROIT, Feb. 1 (U. P.).—ColBy: M. Chester, chairman of General Foods Corp. and a former president of the National Association of Manufacturers, today called upon American business leaders to withhold attempts to influence the vote of their employees in the 1940 elections.
In an address on “Management— 1940 Model” before the Economic Club here, Mr. Chester told a group of leading industrialist, “This is an election year. I think it presents an opportunity. for enlightened
management to reaffirm its policy which is properly stated -in these
words, ‘Hand off attempting to. influence employees in any election.’ “Of course,” he continued, “every American citizen has the right to state his views politically. Every citizen has a responsibility to support good government and oppose bad, and to vote at all elections. But business management should do no more than state the facts as they see the facts and let it go at that. They should do no electioneering among their employees for any: political candidates. Modern management knows that to do that would be an insult to the intelligence of the employees.”
WAGON WHEAT Indianapolis grain Jfvators are payin for No. 1 Tod wheat subject to market h ange. other aE on their faerfts. as
No. 2 yellow, shelled, Bic; * 2 white, Mielled. 560: No. 2 white oats dc.
s an agent of the taxpayers it must
return, or if’ neither or both prebe taken by either or divided beagreed upon. .
each year to file a joint retun
year, neither husband nor wife
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