Indianapolis Times, Indianapolis, Marion County, 16 February 1942 — Page 11
ON THE RADIO
stationed at Ellis Island. The broad cast will be on WFBM at 7 o'clock. 8 » » Piano-wizard Eddy Duchin leads off this week’s “Spotlight Bands” parade, broadcast at 8:30 o'clock. tonight on WIBC and the Mutual network. Others to be heard before the weekly winner takes over Saturday include Benny Goodman, tomorrow; Lou Breese, Wednesday; Mitchell Ayres, Thursday, and Gene Krupa, Friday.
” » 2 AROUND THE DIAL: A newlye invented receiving set permits listening to a dozen or more stations at the same time with only a single. station tuned in. Imagine listen ing to all your favorite programs at the same time! . . . There's talk of the Friday night Ransom Sherman (Hap Hazard) show moving to Wednesdays. . . . According to a poll taken among residents at French Lick Springs, Ind. Bob Elson has the most pleasing male voice in radio. . . , Oddity: Bill Johnstone and Marjorie Anderson wax romantic every Sunday on.the MBS “Shadow” program. On Monday through Friday, they figuratively hate each other, as Bill plays the/ crooked politician and Marjorie a model of civic virtue on the daytime serial, “Portia Faces Life.” . . . Housewives may be interested to know that when the daytime drama “Joyce Jordan—Girl Interne” was broadcast today, it marked the bee ginning of its sixth year on the air, . « « They're talking about Barry Wood and Dina Shore as the next singing duo on records—like Crosby and Boswell. , . , Glen Miller's smooth music is heard on 170 sta tions during his “Sunset Serenade” hour-long show on WIBC and MBS each Saturday.
NEW YORK STOCKS .
Reni Low ast oer DOW-JONES STOCK AVERAGES Ar 30 INDUSTRIALS
Saturday esvsesssstossesvine 107.30—--0.57 Week ALO ....ecovvvacessene 108.12 —1.4 Month Ago erssssasayesanass 11081 +0.13 Year Ago cessssesssness 11918 40.68 High (1942), 114.22; Low, 106.51. High (1941), 133.59; Low, 106.34. ™ 3AUROADS
TONIGHT
7:00—Vox Pop, WFBM. 7:00—Telephone Hout, WIRE. 8:00—Radio Theater, WFBM. 9:30—Cavalcade of America, WIRE. |
Merle Oberon, who first attained ‘| motion picture success as the illfated Anne Boleyn in “The Private Life of Henry VIII,” will be starred tonight in the “Cavalcade of “America’s” radio jl adaptation of “The Dark Angel” on WIRE at 9:30 E o'clock.
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Saturday Week Ago . Month Ago - sssensseses Year Ago High (1942), 29.01; Low, 26.66." High (1941), 30.88; Low, 24.25. : 15 UTILITIES
15% 3% 243, " ks 8 Tay 1%
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Saturday cesessssarsesvanaes Week ARO ccccesccccnstcccen Month Ago . Year AO ...cocoepesscesanss High (1942), 14.94; Low, 13.80. High (1941), 20.65; Low, 13.51.
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Employment
Compared With December, 1941 . 9% 58,575 .iiiivie — 0.9 $1,922,300 o.oo. — 1.2 6,044 ..c000eee + 121 2919 cccvsvees = 218 3014 ...ce00.0 + 343
| January . : 1942 . Employment (Manufacturing) ...:......58,035 Payroll (Weekly) «c.icooosssereeceesesses§1899,500 Sought Jobs (Persons) .,...cccceseeeeqes8.777 © Obtained JobS ..sccccoeesvcvecscsccsncce228l. Filed Unemployment Claims Lo oed,047
Compared. With January, 1941 % 47.920 $1,293,350 .... + 46.9 3,080 ..cocsese +1200 1,721 esos esene + 32.5 2,125 ceeeseses + 485
82
© Miss Oberon * will recreate the f role of Kitty which she played i ; in the film. The roles of the two : Miss Oberon men in her life will be taken by Karl Swenson and William Johnstone. “The Dark Angel” is the story of two Army surgeons who have grown up together and who both love Kitty. She in turn loves them both and her decision as to which one to chose leads to a dramatic climax in which blindness enters their lives and the dark angel, death, hovers near.
«8 o #
“Blossoms in the Dust,” starring Greer Carson and Walter Pidgeon, is tonight’s presentation by Cecil B. DeMille on the Radio Theater program at 8 o'clock, WFBM, n ” o With the Statue of Liberty standing sentinel, Parks Johnson and Wally Butterworth will take their “Vox Pop” microphone to New York Harbor tonight for an interview with the U. S. Coast Guard
. _ THIS EVENING
e Indianapolis Times not nsible for inaccurscies | LLL ena by station oat es ter press time.)
WFB WIBC 1 che Aiatualy NBO Hedy an Marries
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Dessa Byrd 10-3.4 Ranch 1430 Club Dick Reed
World News
Zenith Rad . 9 9 | ———————————————
STOCKS ARE HIGHER, DESPITE SINGAPORE
NEW YORK, Feb. 16 (U. P)— Stocks displayed mild rallying tendencies in quiet dealings today, indicating that the fall of Singapore had been discounted in last Tuesday's sharp price break. Chrysler pushed up 1% points to 49% after opening unchanged and then lost most of the recovery in afternoon dealings. General Motors replaced an early loss with a fair gain but also gave up a large part of the advance. The setback from the highs was led by, rail shares. Sante Fe opened % point lower a 343%, rallied to 35%, and then re acted to 34%. Du Pont gained a point to 123 but lost part of the -rise whe directors cut the dividend on th stock to $1.25 a share from $1.7 previously. Bethlehem Steel an U. S. Steel steadied on small gai after showing advan¢es running Alalmost a point. Gaigs in © main sections also outnumberes losses, with weakness limited to few special issues.
AMERICAN UNITED LIFE REPORTS GAIN
New insurance sales of .$4,255,062 brought the total in force for the American United Life Insurance Co. of Indianapolis to an all-time high of $287,869,669, according to President George A. Bangs. The admitjed assets of the company increased during the past year over $2,000,000 to $54,133,857.16. Frank H. Dunn, who has been associated with the mortgage loan and real estate departments of the company since 1934, was elected to the board of directors. Edward M.|10:45 Sandman Radic Newsreel Karrmann was elected treasurer,|ii:oo Shep Flelds Benny Goodman succeeding Henry W. Buttolph, who {1:13 Fields Marine salute 0 Wea became an actuary for the com- 11:45 Ray Kinney Midnight Serenade use, You W
pany. TUESDAY PROGRAMS
GRAINS STAGE RALLY et TRE ON BOARD OF TRADE
Cornhuskers Mkts.—Trolley Tim as n Ne Musical ‘CHICAGO, Feb. 16 (U, P.). — Grain futures rallied in early deal-
Mornine Musica) GioeE a2 : ul Breakfast ub ings y on the Board of Trade to ww
Siiopoine Sohood Breakfast replace small opening losses Win Bachelors Chitaren Boddy Cole modest gains. Road” 86° Late Br man At the end of the first hour wheel Mary Marlin Holfywood Ne News was up ¥% to % cent a bushel; corn Friendly Hou 1 up % to % cent; oats up % to %|]
Public School The es Meet The Ba |__| David Harum cent; rye up % to % cent, and soy- John 8 (Huehes gin’ beans up % to 1% cents. Bavimakars: ly Renewed buying was attributed i Sailor Eatatorially to reports that an attempt will be vestock 2 | made to obtain passage this week of the bill designed to stop sales of
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Transportation
Inbound ht (Carloads) eee vccoes Outbound § aesssideiinsnneened Streetcar (Passengers) .....ccccooesos Airplane Lh Ei
Building
House (Permits) Apartments Business Industrial Public Td
* Repairs
18,153 eesveche He 18.5 11,292, cscs + 15.1 6,821,219 + 16 4,517 — 196 °
19,206 cesetoece de 12.0 10489 ........ + 239 5,879,258 vc0use + 17.9 0 AR
ees 21,510 e+12,998 «+ 6.929,490 003,631
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E; ® iInNance in ’ | ’ vo Sa , i Bank Clearings ...........ccceeesveese.. $123,813,000 $123,103,000 $103,595,000 ... + 19.5 | Bor aia Bank Debits .........cc00000000000......$343,300,000 $324,695,000 | $277,944,000 ... + 23.5 Me.. 2, :
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‘Hogs (Head) ...coeccessccccsccseccseess 178,592 Cattle «covcvsvcconcanscsnccccenenncnaess+30,103 Calves .coceccstiiocceccsscscessscencessssl0,832 Sheep .cccrivivisnececserncsncsccncceces 49,079 Corn (Bushels) ..cccecccveccccocccecsess 2,674,500 Wheat .ccovisbsnrescrsnascssccarsossnses195,000 O0alS ceeceetcnsocssesescsnsenscccncsssess698,000 RYE .occececcssccrcscsccsnncnescsnssonsses’?,000 Soybeans cccocceecceiiicancinsceccncessss 183,000 Barley _Wessvesisesessnenrentttitireneses 1,500
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Dr. Dr. Brewster Brewster Contented Contented Cavalcade Cavalcade
‘Charlie Cook F1oDaganda Spotlight Bands __ |Mead's Children
Raymond G. Swing Cab Calloway
ovatime oe Music cert Rhythms bby Pop
216,147 29,052 11,211 128,869 ...oeeie 2,945,000 ...... 174,000 428,000 ... .... 33,000 ........ 178,500 ... ....
179,986 28,825 10,677 41,028 ...e00ne 2,650,500 133,000 244,000 10,500 30,000 1,500
— 08 + 44 + 15 + 19.6 + 09 + 46.6 +186.1 +4429 +510.0
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Télephones In Use RY 799 Postoffice Receipts .ccccoceeesccccnnesee $408,433 Relief (CBSES) .....evveveesecenncennsess,007 Relief (Cost) seisssinsssessssssscersedocees $38,133 Electricity Output (by kwh) ............69,039,000 790,219,000 ..... = 1.17 60,536,000 ..... + 14.0 Gas Consumption (by Cubic Feet) ......569,034,800 452,743,000 + 25.7 437,744,300 ... + 30.0|Cmwith & So pt’ Wate (Pumpage by Gallons) ...........1,124,460,000 1,117,940,000 + 06 928,780,000 .... + 21.1|Zmwith Edison sesesesnenenniuuniinnanangennes $126,509 $158,849 ...... — 204 $107,511 ...... + 17.7{Cons
¥ ons
of above information: Indiana Employment Security Divisi N Sons pd EE mn, Illinois Central and Nickel Plate Railroads; apse: ~ A ar gE Na miant mea Cons mmiss sioner? Indianapolis JC18kting Sonse isciatle ny 3 an = Bradstreet; Asricuure, Marketing Service; Indianapolis elephone na 3 5 5. Light Cos Clitzens Gas - Coke Untittsrs Indianapolis Water "Zo A v ne iber ornship, Trustee:
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100,951 ..oce.o + 10.7 $404,932 ..ceo0 + 09 5407 .ieceeeee — 629 97,406 ........ — 60.9
110,867 +eoenee: $592,939 .. .... 1,330. «iiessen $37493 |.......
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STATISTIGA GROUP Hog Prices Reach Another
HOLDS 1ST MEETING
The first meeting of the Indian apolis chapter of the American Statistical Association will be held at the Y. W. C. A. tonight with Prof. George W. Starr, director of the Indiana University bureau of business research, as speaker. - The chapter is being organized by Prof. C. D. Hadley of the I. U, economics department, and is for the purpose of promoting discussions and exchanges of ideas among those interested in research and statistics. Members of the executive committee, besides Prof. Hadley, are: Prof. F. E. McIntyre of the 1. U. economics department; Prof. Wade T. Searles of the I. U. Training Course for Social Work; Carl G. Schmid, state statistician, the Works Project Administration, and John V. Barnett, assistant statistician, division of general administration, of the Department ' of Public Welfare, all of Indianapolis.
LOCAL ISSUES
| Nominal quotations furnished hy loca)
i of National Assqeiation of Securities | Goo
alers. Stocks
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Hog prices reached another new high at the Indianapolis stockyards today, the Agriculture Marketing] Service reported. Hogs weighing more than 160
pounds were 15 cents higher than Saturday’s prices in early trading and some were up as much as 20 to 26 cents. The early practical top was $13.15 with a few being held for $13.25. Receipts included 2435 cattle, 457 calves, 6053 hogs and 2152 sheep.
HOGS (6053)
"(Barrows & Gilts) to Chuice--ji 160 180 200 220 240 3
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- 300 330 360 Medium - 160~.200
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[email protected] Packing Sows Good and Choice—
[270- 300 poumds .. |300- 330 pounds . [300- 360 pounds
580 "400 pounds 400- 450 ° pounds |450- 500 pounds
Medium— 250- 500 pounds
Slaughter Pigs Medium and Good— : pounds ...... Leeoo [email protected]
90- 120 CATTLE (2435) Slaughter Cattle & Calves Steers
seeigoncenes seevssesenae
00-1300 pounds ..
1300-1500 DOUNAS ccceceececses 12.25 Good— i
1300-1500 pound Me
um-— 750-1100 nounds ......e000.00 1190-1400 1 pounds ..
780-1100 vunds Steers, Heifers & Mixed Choice—
500- 750 pounds .. [email protected] 500- 750 pounds ve. [email protected]
Choice 180-500 pounds ....o.ceeeee. 13.20018.26 750- 900 pOUNAS ...ecccocees [email protected]
Medium - 500- 900 - pounds sessesnas we [email protected] 1.50@ 9.25
Common 500- 900 pounds .......... . 8.50 3 23 8.00 6.00 8 he 28
- Cows 40 Weights) : 10.00 Med Medium Common
© HSER CALVES 57) Vealers (All Weights) »
Balle (AN Weights) (Yearlings éxcluded)
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[email protected] . 13.26 uu 38 ibs . 12.75
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Good— 500- 800 pounds A og1050 pounds .
um cou. 100, -1000 pounds
500- 900 pounds Calves (Steers) Good ana choice— 500 Pounds down Mediu 500 Hounds down
Salven (heifers)
csececccences 10.00
9.75 [email protected]
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Goou an 0 pa ig we aWvany oa [email protected] Medium— 500 po'inds down
SHEEP AND LAMBS (2152)
Lambs Good and choice 12.25 hi 50 [email protected] 10.25
Medinm and geod $s: y Common Yearlings Wethers 9.75
Good and choice Medium
Ewes (shorn)
ood and choice
...0 9.00 6.00 ommon and medium . ... 3750 5.00 | En
Hogs—15, 000. Fairly active and 10 to 15 top. $13.10; bulk 180-240 lbs., 10; most 240-300 os ahychers. 2.15@13; some 300-330 Ibs. 60@12. Jo and choice 160- 180. 1b. lights, 81 32, 50@ 13; most 360-500 lbs. heep—10.000.
o few choice .ight and steady at $12.25; bidding, . ind; nothi ng one on fat sheep. 3,0 Calves—T700. Best -steers office Re Tes mosty. [email protected] for choice earbullocks,
di 1086-1b. heifers, Sows weak to 15 ealers. steady; eighty, Sasa " ne is. $10.40; choice vealers, oday’s Eindag quality steers and yearlings cleanest in wee
OTHER LIVESTOCK
FT. WAYNE, Feb. 16 $v. By —Hogs— 15 cents higher: 200-220 lbs. J 60-180 lbs 4
and me LL uneven; strong, over weak, slow’;
steer market; top. $14.50
own;
140-15 )-1 .50. 11.50
CINCINNATI, Feb. 16 (U.
Calves,
1bs., $11.55. Stags, . $10.25.
P
°| steady to 20 cents higher than top, $13.25, Ly high iz
pa for good Thole 5-1b. Nelehis, "140-160 Tog 10 S612. 50; 100-140 ibs. [email protected]; sows, 26 cents hig
$10. 15011. 50. 1175. Calves, "00.
ttle — Recel bts, Lightweight yearli ngs and Sanner and cutter cows, active; fully steady; bulls,
to Boat cents bs Bu her; steers avera Eo ayn st0aTs argely, Ea $11.50 i common % good
$8.75@9; feasts: ions and YO tsers, 08.325: ‘common and med bulls qo 50: sausage bulls, "$10. 85G10.15; vealers weak to 50 50 cents lower; g "5 choice, : culls,
oice, [email protected]; few strict | $4 down nd medium, $9.50 eep—Receipts, 100. Market Es ‘stead: CH and choice Jalnbs. quotable, $13 down: fat ewes, $4@4. OKLAHOMA PROTECTS DEER
OKLAHOMA CITY, Okla, (U. B.).—Deer hunters of
their shooting 188118 announced
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7.50@ 9.00 [email protected] >
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CHICAGO. LIVESTOCK |E
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Pub. Debt 60,567,508,853. Gold Res. 22,744,401,165.18
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CCC grain below parity price levels.
DAILY PRICE INDEX
NEW YORK, Feb. 16 (U. P.).—
%|Dun & Bradstreet’s daily weighted
price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): 2 Saturday 154.643 Weeks ABO ...oeesvcecessess 154.38 Month ABO .....s000s0e0ee.. 154.06 Year Ago 123.03 1942 High (Jan. 26) 1942 Low (Jan: 2)
U. S. STATEMENT
GTON, Feb. 16 (U. P.).—G ernment expenses and receipts for current fiscal year through Feb. 13, compared with a Sar ago: Last Year
a 7 98.808 315.1 00-18 0! 497
ssessssvssnssnnnes
151.54
ovthe
d 11,300,127,060.7
LION
37,7 13.48
130,308, 635.34
INDIANAPOLIS CLEARING HOUSE
Clearin| $ 5,128,000 Debits 3 15,818,000
LOCAL PRODUCE
white Ho rs, under 4% Ibs. Barred and White Rock, 1c. colored. isc: Leghorns,
130 tavy breed colored hens, full feathered. 19c: Lebhorn hens, 1l4c. Roasters, 4% Ibs. and over; Barred and White Rock, 19¢c; colored, 13c, All No. 2 ts less.) Cocks, Ibs and up
grades, 3 cents Eggs—~Current receipts. 64 27c; Grade small, 21c; no
Erg Grade A Large, A medium. 4c; Grade A . 2. 360 2, 3le.
‘ter—No, 1, 37%@38c; wd’ 36%c; butterfat, No. 1, 34c; N (Country pickup prices i by the Wadley Co.) Incorporations DeLong Subscription Agency. Inc., West getaverts, change" of age agent to Florence E. west Lafayette. ., Gary, change Valparaiso. say .. Wisconsin corpora03 Hayden of agent jo 3 Kieorne J. er, ayden JEaniste .. 20d Choir” 3 Directors Guild of Ora Inc., 216 Northwest Second St.. Evansville no capital Stock: Margaret Davis is de Hae eussier. Virginia I. VerWayne, John Hudson Moore, Inc., New York, registration or trademark, “Sportsmans — Class 6: chemijcals, medicines and phar-
maceutical preparations. hic Service Co., Indianapolis, det
C. Grad
shares o Jom Bureau Co-oper-San , amend: stock 20,000
op Inc., IlliEe A indiena 10
me "department Community uk Ine., Illinois
Ris ration, ™ 11 Werchants “Bang Jacob
2 Eneineerine Co., Indianapolis, Tindail-Wagner Mfg. Co.. Shelbyville,
Foe a Greenwood Building & n AssoSlaton. Sreenwood_ EIDE oS ea 8 are on Grey) hound Lines Inc., Jndianapo. ed re ol of ‘Tndiaga:
STi
same adsue: real e
155.89 | 5
i Pe iia wag
.|Buy Bonds Today
fletcher Wiley White Lester Hu Ig
Woman mn David Ha Harum
School of 1 the Afr School of Alr
Old-Time Jambo! News Picture
_the
Jeloing Hand a Time 2 Sine Alon News
Buy Bonds Buy Bi Bonds Today _
Lone Journey by Silistian, Scien le riene’s Songs Scat ters
Tg ue Request 1S Request me
Old-Time Jamboree Jamboree Old-Time Jamboree ree | Vio
Footlight Previews
fies SE 8 Niarket Reports "| Bill F ill Roberts 'Orphans-Divor Hone: Bi) Bream Day Club Matinee Club Matinee Club Matinee Club Club Matinee _
Jack Te Teagarden ack Tear, found
Merry-Go-
a We Abbotts DePauw U.
WLW MONDAY PROGRAMS
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TUESDAY PROGRAMS
9:30—Hilights & Shadows 9:45--Hilights & Shadows 10: 00-—-Peter Grant
Ss
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3: 1M —Eieh or
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12: Everybody's Farm 12: Elizabeth
1:30~—-Val
3 5— Widder 4: rl
$3810 Sol Goldbe: fo
a
No. 37
(From the
Amounts paid or accrued within the taxable year 1941 as interest on indebtedness are deductible, with certain exceptions, from gross income .in determining net income. Deductible items include interest on borrowed money to defray personal | expenses, and on money borrowed for the purchase of real or personal property. If a person owes money on a lien or mortgage note on his home, the amount of the interest may be deducted. Indebtedness, however, need not be evidenced by lien, judgment, or mortgage to make the interest on it deductible. Frequently indebtedness
Interest paid on indebtedness incurred in the purchase of obligations (other than obligations of the United States issued after September 24, 1917, and originally subscribed for by the taxpayer), the interest upon which is wholly exempt from Federal income Jas, not deductible. Interest paid on behalf of ano where there is no legal obliga » on the part of the payor is not deductibl¢ by the payor. In such cases the amount is the same as
shee, 2b >
Le
401 8. Keisay St.
Your Federal Income Tax—
What to Do and Not to Do
Treasury)
Columbia, or possessions of the United States; obligations of the Unietd States issued prior to . March 1, 1941, to the extent provided in the Acts autherizing .the issuance thereof; or obligations issued prior to March 1, 1941, of a corporation organized under Act of Congress if such corporation is an . instrumentality of the United States). All such amounts, including interest received on bank and savings deposits, must be included in the taxpayer's return of gross income. Discount on bonds is ordinarily income the same as interest. Under a new provision of the Revenue Act of 1941, a taxpayer reporting his income on the cash receipts and disbursements basis owning noninterest-bearing obligation is sued at a discount and redeemable for fixed amounts increasing stated intervals, may at his
is made in his return for any
year beginning after December 31, er|1940, treat the increase in the ree demption price of such obligatic occurring in the taxable year income received in such year, cept that in the return in whi the ejection 15 made the axp must include all such Si
en Seay
