Indianapolis Times, Indianapolis, Marion County, 15 September 1942 — Page 13
GOAL OF 4,500,0
Hershey Refuses to Reveal New Figures: Civil Service Commission Empowered to Switch Workers in Federal Jobs.
WASHINGTON, Sept. 15 (U. P.) .—Maj. Gen. Lewis B. Hershey, selective service director, disclosed today that the size of the army this year will exceed the 4,500,000 goal announced by Gen. George C. Marshall, army chief of staff, in June. ¥ : - At ‘the same time, the civil service commission today
PS
assumed the power to place government workers .in jobs|.
Where they will be most useful to the war effort. War Manpower Commissioner Paul V. McNutt said the system may serve as a pattern for federal control over the
The power over government HO PRICES OFF 15 T0 25 GENTS
: employee transfers was given Lightweights Lose Most;
to: McNutt by a presidential executive order. McNutt in _ turn delegated it to the commission. The commission is authorized to transfer federal employees from one agency to another “with or
without the consent of the employee or of the department or egency in which he is employed or to which he is transferred.”
In addition, the commission may transfer federal employees to private industries “whenever their services outside the government would be more useful,” but only with consent of the employees who would be given “leave-without-pay.” New Goal Is Secret
Hershey told the house migration committee that while the new army goal had not been announced publicly, it “no longer” is 4,500,000. “1 that. we're rapidly getting to the place,” Hershey said, “where t a man can do best for his try transcends all other - questions.” He added that he “yields to no one in feeling that the American home should be defended,” but said it. may have to be defended at “some distance.” He told the committee that while - he did not desire to keep the public agitated over draft questions, he believed that it should be kept informed. : “If you asked me, I couldn't tell * you what the size of the army will be,” he said. “But I do know that the number of men we are taking each day is far greater than the ~ public realizes.”
Hershey said in a speech Sunday ar
‘night that the army eventually night require 10,000,000 to 13,000 000 men. Doesn’t Know the Answer
“I don’t know what the answer .is when the clash comes over whether a man is needed most in the armed forces or in industry,” he said today. ¥ . Although local draft boards have been instructed not to take married men with children at this time, Hershey said there is a “lack of uniformity” in the way the system has worked. He said local boards vary in their| ions on whether married men should be called, often deciding for themselves that they might as well go ahead and call the married men.
“Most army officials are taking the »
attitude today that 18 and 19-year-olds “make the best possible soldiers and the sooner we get them the better. ” The war department continues its official silence on the controversial question of amending the selective
service law to permit drafting ySuths|.ct
under 20 years. of age, but it has tried ever since the law was enacted to get: congress to lower the age limit.’ A bill that would allow the army to draft 18 and 19-year-olds has been introduced. Hearings are to start in the house soon,
Army Wants Youth
The army has never hidden its desire to get access to that reservoir of younger men. Among the many “factors credited for. the superiority of young men as soldier material are: Physical—they are “tougher physically and possess much more mental resilency than older men,” one authority said, and a young . man’s physical endurance and ability to heal quickly make his care in camp or the. battlefield easier than that of an older man. Wounded youngsters often can walk back to a
dressing station. tack of home ties—a married)!
man in the army worries about his home and his wife and children Youths soon get over homesickness. _ Recknessness—the ' innate reckfessness of youth compared with well-developed caution of older men makes them better material for combat duty. = If 18 and 19-year-olds are drafted, it will open to the army a choice cen section of manpower estimated by
thé census bureau to number about|f
,000. Each year another 1-
ALCD, 8.) 0. REACH [53.2
“NEGOTIATION BASIS | WASHINGTON, Sept. 15 (U. P).
Practical Top Falls To $14.20.
Hog prices dropped today as much as 25 cents on weights below 160 . pounds at the Indianapolis stockyards, the agricultural marketing administration reported. Sales in the heavier weights were 15 to 20 cents lower. The practical top was $14.20, with a few of the strictly choice 240-250-pounders going for $14.25.
HOGS (12,500)
Good to Choice— 120- 140 pounds [email protected] 140- 160 pounds ...csceeess.. [email protected] 160- 180 pounds ... «. 13.75@ 14.00 180- 200 pounds .... . [email protected] 200- 220 pounds ...csecceseq.. [email protected] 220- 240 pounds ... or [email protected] 240- 270 pounds ... «. [email protected] 270- 300 pounds ... « [email protected] 300- 330, pounds ...... [email protected] 330- 360 pounds .... [email protected] Medium— 160- 200 pounds Packing Sows Good and Choice— 270- 300 pounds 300- 330 pounds ... 330- 360 pounds .. 360- 400 pounds .. Good-— 400- 450 pounds cs.eesecss 450- 550 pounds ... Mediumn— /250- 550 pounds ......... +o. [email protected] Slaughter Pigs
Medium and Good90- 120 pounds
CATTLE (2600)
Slaughter Cattle & Calves Steers
[email protected] 1100-1300 pounds .. .
. [email protected] 1300-1500 poun 14.760 16.00
oo "900 pounds ....eevesee.. [email protected] 900-1100 pounds .... « [email protected] 1100-1300 pounds «ee [email protected] 1300-1500 pounds . [email protected] Medium 700-1100 ‘pounds csessees seees 11.50@13 1100-1300 pounds Comm 700-1100 ) pounds Heifers
[email protected] [email protected] [email protected] ssessssesss [email protected] +. [email protected] [email protected]
Choice— 600- 800 pounds 800-1000 pounds ..... Good—
«oo [email protected] . [email protected]
[email protected] [email protected]
+ [email protected] . [email protected]
“900000000 eseoessstoce
7.50@ 9.2 6.25@ 7.50 Bulls (all weights) (Yearlings Excluded)
[email protected] Good ...... Senses aeeseseses 10.75 H-1 um | 343010
9. i: + CALVES. (700) ; Vealers all weights)
(75 lbs, Feeder & Stocker Cattle & Calves Steers
300-300 ds poun 800-1050 pounds 800-1050 pounds . edi
Medium— 500-1000 pounds .. Common - 500- 900 pounds . Calves (Steers) Good and Choice— nl pounds NR .
500 pounds down ; Calves (heifers) Gopd and Shalce~ 800 down
pounds 13.00015.00 Medi
500 pounds down .. ........ [email protected] SHEEP AND LAMBS (2500)
cesessscsccse 12.50013.25 vesncesssssss [email protected]
vescsseseces 11.50013.235 [email protected] [email protected]
14.00@14 50 + [email protected]
Good an Common and choice
Good and ug Medium am S004 Common
[email protected] 12. 0G 12.90 .00 sees 10.76
CHICAGO LIVESTOCK
Hogs—Receipts, 14,00; weights above 200 1bs. on sows asiive and strong to a: cents
pelts ts parely stea bulk 2 nw Ibs. - Ji G1 30; $14.35; good od and eo “sows, sis 3074: bulk 400-500~1b
3 tle--Reveipts, 11,000; calves, choice steers and yearlings stea but others slow; weaker with most bids 3 to 25 cents lower; top, jis 65 for choice lo prime heavies; bulk, [email protected]; COWS heifers s best “heifers, $15.25; : most native fat cows, [email protected]; 1500 Northwestern grassers in half and half cows and stockers; I ow, weaker to lower; bulls full steady up to $12; vealers weak to 50 cents lower at $1 gown.
Sens’ igh Pome pte
3 ae Save 35 $13.50@
1000;
6000; late Jesuerday; earlings ody to 16 higher; Sangh ter ewes ste:
springers, $14@16; bulk g “natives, sigs .50; lots Good $10
Shot Northwestern
rns, $14.60 DD yesterns, $14.35, choice natives, : he 4.50; throwouts mostly $10.4 down; one 90- shorn springers with 2 skins, $14
Hy nite
50; around run; about| Year Ago .
Walter C. Hiser
Walter OC. Hiser, president of Walter Hiser, Inc., North side automobile dealers, has received a commission as captain in the U. S. air corps and will leave tomorrow for an officers’ training camp at Miami Beach, Fla. He later will be assigned to duty at Municipal airport, Nashville, Tenn. Capt. Hiser has been connected with the automotive industry in New York and Indianapolis since his graduation from Purdue uni‘versity school of mechanical engineering in 1923. He formerly held ‘a commission in the 113th observation squadron of the Indiana national guard. Capt. and Mrs. Hiser live at ‘7267 N. Pennsylvania st.
STABLE [SSUES RISE SLIGHTLY
Utilities Make Best Gains With Group Advancing 1 to 2 Points.
NEW YORK, Sept. 15 (U. P)— Issues of stable earning companies— utilities and oils—advanced today in
iwesponse to the reduction in normal
and surtax rates in the new tax bill, while the general stock list moved narrowly. Trading in the market as a whole was more active than in recent sessions. Utilities, notably preferreds, made best gains. The group ran up 1 to more than 2 points. American & Foreign Power issues made new highs for the year. Columbia Gas 6 per cent preferred and Common-
wealth & Southern preferred rose
more than 2 points. Public Service 6 per cent preferred gained more than 3 points. Standard Oil (N.J.) gained nearly a point. Tobaccos and foods, also classified as stablé earmings companies, held -their, own. Steel shares were up slightly and the motors had minor gains, Rails were narrowly mixed. Communica-
«+ 11.50@13. EH "tions were featured by activity in
International Telephone and strength in.. American Telephone. Western Union showed a minor decline. Coal stocks improved with several at new highs. In the building group, Johns-Manville rose a point and Minneapolis Honeywell made a new high for the year.
2 RYE UP WITH RUSH
10 BUY FUTURES
CHICAGO, Sept. 15 (U. P.) —Developments in anti-inflation legislation caused a rush to buy rye futures at the board of trade today. At the end of the first hour, rye
10.50] Was up 2% to 2% cents a bushel;
wheat up % to 1 cent; corn up % to %; oats up % to %, and soybeans up %. With parity in rye set at $1.09% a bushel and current levels under 80 cents traders eagerly bought the very limited offerings. Wheat opened % to 7% cents higher presumably because of the introduction of a bill to alter the
The house bill provided a new definition of parity, taking into consideration the.cost of farm labor. Traders interpreted the bill to mean an increase in parity prices. Oats, in sympathy with other
| grains, showed gains of 3 cents a
bushel. Other markets followed the trend of the Chicago pits.
DAILY PRICE INDEX
NEW YORK, Sept. 15 (U. P.).—
50@¢ | Dun & Bradstreet’s daily weighted price index of 30 basic commodities, |
compiled for United Press (1930-32 average equals 100): Yesterday '. CRE (ssessunsaes. 189.56 Week Ago 0900000000000 0000e 158.79 Month Ag0 ......cevivevesnss. 15711 see tan essere RRse ve 146.59 1942 High (Sept. 10) .. Ceseesans 159.65 1942 Low (Jan. D) ties vous 151.54
FIRST AIDERS MEET -
Civilian defense fitsi' aiders of district 39 will hold their regular
ecks, Dl-monthly meeting at 7:30 p. m.
88% 23"38g
¢ 3 2853
TT) BUGS?
Ye
ye
War
basis for calculating parity price.|S®
4 River ave.;
TAX UP 5 CENTS
Industries Increase Fire Protection and Traffic Problems.
ment activity necessitated by war factory expansion, Speedway City| was granted an increase of 5 cents in its tax rate by the county tax adjustment board today. The board approved a levy of 61
cents for Speedway City in 1043
compared to the 56 cent rate this year. Town board members explained that traffic and fire protection activities had to be expanded because of war industries.
0. K. Beech Grove Rate
* The board also approved the tax rate of $1.29 for Beech Grove. The same levy existed this year.
were approved as follows: - Castleton, 35 cents, same as this year; Lawrence, 68 cents, up 2
. |cents; Clermont, 80 cents, same as
this year; Lynhurst, 40 cents, no change; Meridian Hills, 10 cents compared to 15 cents this year; Ravenswood, $1.25, same as this year; Rocky Ripple, $1.22, down 3 cents; Southport, 94 cents, down 2 cents; Woodruff Place, $1.15, down 1 cent; Wynndale, 55 cents, up 15 cents. Call for Lower Levies
After township levies are approved today, the board will go into the county, city and school budgets all of which call for lower levies this year. Board members indicated they
than the usual 10 days’ period because of heavy reductions made by city and county officials before submission to the board.
INDIANA BANKERS
The Indiana Bankers association has cancelled its 1942 regional meetings upon the recommendation of the association’s council of administration and representatives of the nine regions in the state. Arch C. Voris, president of the Citizens National bank of Bedford and president of the association, said today that difficulties of transportation, personnel problems and the request of the office of defense transportation that all but the most necessary meetings and conventions be cancelled, make it advisable not to hold the meetings this year. Business and problems of the as-
cussed through ‘bulletins and the of the association. Mr. Voris, however, recommended that association
members continue to hold local and county meetings.
37 RAID WARDENS
church. It will be the second class district.
C. Harvey Bradley, county civil-|} ian defense director, will present |Kr
the certificates. The Rev. Boyd
civilian defense office, will speak.
The program has been prepared [Shi by: Mrs. John Hampe and ‘Mrs, Carl|Packard
Kinsley. Albert Gullion is district warden and Forrest Higgs is zone warden. The Rep, Jute are: Moris os
/
Henry
Chasles Punkin 638 Arbor ave.;
wards, 823 River ave.; Tr Everitt, 306 Drover st.; Mary Foxworthy, 550 Chase st.; Herschel Foxworthy, 550 Chase st.; Chazles 5 W Theltia H orse=
arre Mart a ‘Birch ave.; Ruby “Helfer. ag River |8 William Henry, 6 River ave.; Mersil Miller, 619 Warren .; Charles Mitchell, 1114 Oliver ave.; Ira Nation, 1081] T Division st.; Nora Nation, 1051 Division st.; Nettie ‘Nye, 522 Division st.; Oakes, 642 Division st.; ie Oakes, st.; Virginia Patyon, 1052 Oliver ave.; Harold Swisher, 53 Holly st.; d - Holly st.; 11;
y Vernon’ Taylor, 1023 River ; Irene Veatch, 8. Hr .
637 Birc 628 Division st.; Maggie Woods, 645 Holly st.; Evelyn Yates, 1017 River ave.; Lawson Yates, 1017 River ave.; Jewell York, 1031 River ave.; .; Claude York, 904 River ave. and Roy Cross, 1121 River
ave.
LIVING COSTS INCREASE NEW YORK, Sept. 15 (U. P)— Living costs of wage earners and lower-sularied clerical workers in the United States increased 0.3 per cent in the period July 15 to Aug. 15, the conference board reported today.
Because of the increased govern-
The tax rates of 10 other towns|
would complete the work in less|
CANGEL MEETINGS :
sociation will be transacted and dis-|Am Can Hoosier Banker, official publication| Am
GRADUATE TONIGHT =
Certificates will be presented to Dov Ch 37 graduates of air raid warden|DU training in District 21 tonight in Ge exercises at the Trinity Methodist | Gen
of wardens to graduate from this|g
Tryon, pastor of the church, and!Y Mrs. George Ziegler of the county|Nat Cash Reg
ack Sears Roebuck. 54%
ampe, | Std
Geor, Louis| Un Air Lines.. 14% 642 Division st.; Noble Patton, 1317 W. Ray U
ii | Westing ‘H ..
, Bank Clearings Frets sessacnsnt yan Bank Debits ... Postoffice Recelpts seessssasmsansen
Houses Apartments Business
‘200000 ¢0scoet sss
¥ ¥ sss 00st 0c ecssRResRen
Public .........0.. Repairs & Alterations assesses
“ee ses sesnery
Received Jobs .............. ii
Freight Carloadings: Inbound ... Outbound .. Electricity Output (kwh) .....c0s: Water Pumpage (gallons) ........
cesvesesessinsnsage
ser aeisse estes nes
Telephones in Use (Sept. 10) o..... Livestock Receipts (head) ......... Cattle ............ Calves HOBE' «..iosssreisonssvcnnsessnns Sheep ......veovieveiesscasons Grain Receipts (bushels) ,........ Com ...... Wheat Oats
csesce0eestenscsncssges ay
Soybeans *Incomplete
apolis Water Co., dianapolis Power & Light Co.
N. Y. Stocks
Complete New York stock quotations are carried daily in the final edition of The Times.
DOW-JONES STOCK AVERAGES 30 INDUSTRIALS
Yesterday ...-scecscscescsss 106.15 —0,05
+0.87 +0.2¢8 High, 1943, 114.23; low, , 188.30; low, 106.34. High, i 5 ade
Yesterday Week Ago .... Month Ago . Year Ago High, 1942, 3 10W, High, 1941, 30.88: avs:
20.01; low, 28.31 24.25. TES
Week Ago ..... see008s00s ene Month Ago sesdiesrecs Year Ago x High, 1942, 14.94; low, 10.58. High, 1941, 20.65; Row, 13.51. Net Low Last Change Chem ..131 131% Alec Y
Am Rad & SS. 4% Am Roll Mill.. T&T . 118% Am Water W.. Anaconda
Atchi
SREFERE BE wax
CELE LE AE =
4 8 a
| 28s
®
ooo
ThA LA Ly :
=
i TE i sa
rier
t+
I+:
Penn RR Phillips = Pet Procter & GCG .
Rem oe Rel Ban. da oo 18% Servel Inc .... Socony-Vacuum a3 South Pac .. 13% Ind.... 23% Std Oil NJ ... 38%" Studebaker woo 4% Swift & Co ... a ; ae ® B 6 35%
DAE bE
. .
- 3d FE
U 8 Rubber .... 8S Steel 4
+++] +4
CE RE pes sess
West Union -.. West \ir Bke.. :
White Mot .... Woolworth .. Yellow Tr .... Young Sheet . Young Stl Dr.. Zonite
+ br HHL
AUXILIARY MEETS. TODAY The New Augusta auxiliary to the Eastern Star will meet toclay at the residence of Mrs. Harry Conna-
dinner will be served at noon and
Building Permits tiseesescecsnanaen
0420000000000 00808000046,
tes 800000Css0sa000 0
Applied for Jobs ...........ccone000
. Filed Unemployment. Claims ceienie
.294,610,000 Streetcar Passengers (Sept. 5) .....
seciseesessbetgesew
9000000000080 0000 000000
Rye essences 0beneestassestenes a
ssdeentscennesctnsgese
Sources of above figures: Indianapolis Clearing House association, Indianapolis office of the U. S. Employment service, Pennsylvania railroad, New York Central railroad, Baltimore & Ohio, Illinois Central, Chicago, Indianapolis & Louisville (Monon); New York, Chicago & St. Louis (Nickel Plate); Indian Indianapolis Railways, Bell Telephone Co., Agriculture marketing service, Indianapolis Board of Trade, In-
+0.04 |
Cae
roe in Traders’ Point. A pitch-in} Mrs. Martha Cozad, president, will}
Week Before AYour Ago $25,550,000 $26,112,000 + $26,472,000 ’ $64,450,000 $96,118 $250,718 $191,400 : 0 $32,245 $9,600 $8,100
$886 $103,910 ga2350 $43,068 8350 $1500 $15,000 . 0 $10,568 1,298 679 286
$62,350 o « o Le ° 0 94 646
46
101
2426 16,515,000
3,669 2,453
4,456 2.821 14,862,000 284,790,000 1,428,947 +451 ° 61,144 6,515 + 3,120 41,226 10,283 754,000 567,000 42,000 © 140,000 0
306,060,000 1,871,446 100 68,139 6040 2,742 50,359 645,000 464,000 102,000 72,000 5,000 .. 2,000
4212 64,154 6,939 2,802 44,304 10,109 589,000 402,000 190,000 84,000 11,000 2,000
KARL E. STOUT OF GMAC DEAD
Services for Atcounting . Manager of ' Firm Will Be Thursday.
Acceptance Corp. here, died today
at his home, 820 Fairfield ave. He Erogres
was 39. Born in Sheridan, Ind., he lived in Indianapolis 16 years. . He attended Benjamin Harrison law school was a member of the Delta Chi fraternity at Indiana university and a member of Sigma Delta Kappa. He belonged to Fidelity lodge 309, F. & A M., at Sheridan. Surviving are the wife, Dorothy; a daughter, Carla Jean; a son, Richard T.; his father, E. P. Stout, of Sheridan, and three brothers, Byron of Sheridan, Waldo ef Des Moines, Iowa, and Richard of Vincennes, Ind. Services will be held at 11 a. m. Thursday at the Flanner & Buchanan mortuary. The Rev. Roy Ewing Vale, pastor of the Tabernacle Presbyterian church, will be in’ charge and burial will be in Crown Hill.
15 REGISTER FOR
Seventy-five high school pupils registered last night for evening classes which will begin Monday at Manual and Crispus Attucks high schools. Registration will contue at the
schools through Friday from 5 to|®
10 p. m;, the school board said today. The classes are being conducted to enable pupils to obtain employment and still go ahead with their academic work. As much as three hours credit can be obtained in the courses and it may be applied to graduation requirements. Adults are eligible
30¢ to register for the classes and the Graded
school board said it would enable men expecting to go into’ the service to take a “refresher” course in mathematics.
Karl Edgar Stout, accounting manager for the General Motors |; Ind
| Ontted Tel Co 5%
CIN ! PI
EVENING GLASSES |
$1,141,115 $1,740,800 $414,000 $843,066 a. 19,742 11,319
$1.773,140 $16,300 459374 41.148 23,201 1458
152.225 oo ee3m. 504,043,000 9,302,400,000 47,174,361 107,766 2,012,708 178,829 108,096 1,493,756 195,547 25,627,000 16,842,000 3,952,000 4,334,000 218,000 406,000
146,390 90,367 | 557,647,000 * 9,906,320,000 61,877,436 117,699 2,024,155 229,468 111,453 1,480,756 206,268 ' 23,314,000 15,981,500 6,427,000 4,112,000 305,000 482,600
+ 601 — 51 + 39.9 + 189
postoffice, city building commissioner,
LOCAL ISSUES a afin SEERA of
+ Stocks. elt RR Stk Yds com 3elt ' RR Stk Yds oa PH.....e % Bobb: Merri) com .
53%
senses
e abs *Comwlth Lon’ 5% ‘td. Hook ong Home T. Ft Wayne 1% pid 5 Ind Asso Tel 5% pf
Gen % D *Indpls Coal, 5%% pid Indpls P&L com Indpls Water 5% pfd ...
svn Sl "Ba sevsnsse 93 .Van Camp Milk pfd .....ccco.. 68 Van Camp Milk com ....ce00. 11 Bonds
Algers Wins'w W RR ¢%% .. American Loan Ss a American Loan 6s 96 Cent Newspape} hb 42-51 .. 99 Ch ot Com Bldg Co 1%3 b 4 Citizens Ind re es 61 ....103 Consol! Fin 5s Crabb.Reynoids. Taylor a3 Home T&T Ft Wayne nd 56.103 Home T&T Ft W 43 ..103
Kuhner Packing Co 4 Morris §&10 Stor Munc N Ind N. Ind Pub § Pub Tel 4%s 65 . Richmond Water Wis ‘8s 57. 108 Trac Term, Sorp Ss 6 SEx-divi
OTHER LIVESTOCK
CINNATI, Sept, 15 (U. Hogs 3850; weights over 160 lbs. 10 cents lower; other weights and sows $14, 20 for good an
medium T 140-150 en H .50; $13; most good grade Sows,
150-160 1bs., 330-140 1bs., $12.50 25,
active steady; no ood Sftermgs on sale; 5 beet early at $13; common and medium steers and heifers, $10@13; canners and cutters down to 38 ommen wand medium beef cows, $8@9. [email protected] ; canners and 20} 200 [email protected] 0; bulls less
active than yesterday; good bulls, 3h 5 :
down; weighty Sausa vealers steady; top,
@16; out gra “ig h Receip
eep— 8, fully steady: fairly 0 iver most good gids a 4 14.50; few top Be “don ots, ; ou ade lam own $7; fat slaughter Loony $6 down 2
LOCAL PRODUCE
ie offerings, $11.6 5 ao and i ie
Sry lambs
Heavy breed hens, full-feathered, 20c;}
prngers, 1a Jos. and gyer; colored, 31;
rd Al i dh 3 ents” log. t ceceipts 54
s -Grade . im. ps Sa Jorge doo:
But 46¢c; Ne 3, a 4c: buttertat, No. - A Hos , 39. ny {Prices on produce delivered st Indian-
13. 4 Cattle—Receipts, 600; calves, 350; fairly] 8 and choice| HM type calves| #
Him Partly’
© $25,000 Ton.
WASHINGTON, Sept. 16 (U. 2 | — Tne senate’s anti-inflation bill, it : enacted, would let President Roose *
Jie. out partly Into offs Bis PRR
| ment of taxes, ts author sia tor
day. . Senator Prentiss M. Brown ®. Mich.) added, however, that it could be used only to prevent persons now making “less than enough to retain $25.000 annually’ from rising above that figure. It could not be used, he said, to cut. the salaries of persons above * that level—unless the president determined that a higher salary involved a ‘gross inequity” that needed correction. og If the president desired to act to prevent more persons entering the more - than - $25,000 - a - year-after= taxes class, he could do so by execus= tive order, Brown said, but only in the case of iricome received as salary. Brown said he did not have such action in mind when he 3 the bill. He said the bill speci tically omits control of income received other than as a wage or salary—for example, the fees received by physicians and lawyers—because such income is not an Wiiatienary local | factor.
U. S. STATEMENT
WASHINGTON, Sept. 15 (U. P)—Gor. ernment expenses . and Toosinia the current fiscal year ra com pared with a year ago: Last Year
This Year Expenses $12,655,507,321. 5 $3.19 970.830 War Spend 11,472 1230, 568.55 ry Receipts 1,798,383,055.33 2s 225.405, 205.600 Net Pet. 10, 855,082, 016.18 313. 19061 3 1,842,960,837.55 ee. 004.34 hes
Cash Bal. Work. Bal. 1,080, 490,
Pub, Debt 86.702.453,825.93 57.819 AT 10843 i Gold Res. 22,745,139,509.47 22 .737,310,433.27
INDIANAPOLIS CLEARING HOUSE’
BUILDING PERMITS DECLINE NEW YORK, Sept. 15 (U. P= The value of building permits issued in 215 leading cities during August fell to the lowest level since February, 1936, while New York City volume was, the smallest for the 32 years that records have been compiled, Dun & Bradstreet, Inc, reported today.
EYES EXAMINED GLASSES FITTED
DOr David TaVel ¢ Ontometrist)
033K:
4 W [EST MARKET SE
J SURE!
, Your Se woley. Watches and Furs cad rss gt
GRAIN DEALERS
“apolis’ quoted by Wadley Co.»
EY ty rae
© ®Your abstract is kept HERE in Indianapolis ond i ; all monthly payments are made here in Indlan- !
apolis. '® "Fletcher Avenue's’
DIRECT REDUCTION
ment Plan REDUCES YOUR INTEREST wh MONTH. Each month you only Pay: interest on.
the remaining balance o
® A "Fletcher Avenue
loan is paid out i in 10 to: "n |
years. You OWN your home more quickly
means less interest over a shorter
hh receive $1,000 Matigege