Indianapolis Times, Indianapolis, Marion County, 20 January 1943 — Page 6
aes 2 SEL te
SINESS
Agricultural Officials in Dead Earnest About Victory Gardens
ER BUDROW
* THE COMING RATIONING OF CANNED FOODS is phtting a serious aspect on the victory gardens this year.
By
2 ie Xi 1 ey Ro is
icultural officials are in dead earnest about the public
owing more of its own food.
A backyard plot 20 by 20 feet
0 provide a family with its essential vegetables for three or
year, they say.
four summer months is a bet we can’t afford to overlook this
Our war economy, however, is something for the victory gardeners to reckon with. To begin with, there is a
fertilizer shortage. Home gardeners, by WPB edict, can’t
_ special” containing one unit
"use nitrogen-bearing commercial fertilizer except a “victory of chemical nitrogen to two Good to
units of organic nitrogen. Nitrogen isn’t any too sure, because it is used in munitions manufacture.
It will be harder for us city farmers to get new tools, not only because production has been limited by the WPB but also because some tool manufacturers aren't even making their quotas, inasmuch as they are involved in war work. The -geed aspect appears all right at present although seed companies 3 say their customgs ers may not be able to get the exact variety they want. ~~ The supply of cans, for those who ~ want to pack their surplus, was be- ~~ lieved to be sufficient up until the . time when canned food rationing | was announced. But now, it’s any- © body’s guess. It depends on how "enthusiastic the public gets. Can ~~ manufacturers have been limited on their materials too, such as the zinc “for the lids. Another thing we can’t count on this year is a repetition of the ideal . growing weather we had last year. 2 2 =» : © THE PRINTERS, busy with turning out government questionnaires, _ ration books, etc., may be the reaSon you haven't received your. fed- ~ eral income tax blank yet. Big- * gest bottleneck is the four-page in5 struction circular to accompany the regular 1040 form. Incidentally, if you want to use 8 different form than you used last ~ year (1040A, the simplified form, for ~ example, instead of the long 1040), you will have to go to the internal - revenue office (third floor of the “ bostoffice) to get one. ‘The treasury ~~ mails you the same kind of form you used last year, not both, » » 8
~~ HENRY KAISER {is the most . Spectacular shipbuilder who uses prefabricated methods but isn’t the first one. Back in 1843, the navy’s first ironclad warship (U. : 8. 8. Michigan), was built in ~~ Pittsburgh, then hauled in pieces ~ by oxcart to : shore of Lake and ot together for launchg.
E
~ glans sent us- seeds of their rubber ~ dandelion to see if ‘it ‘would grow in ~ this country; now we are going to|’ = send them seeds of hardy alfalfa, . clover and grains for experiments ~ In Russia. . . . Shipbuilding is now Sizzling at a rate of 14,400,000 tons & year, four ships a day, will reach five a day in May. . . . Buyers for furniture stores aren’t taking to those wooden springs offered: as substitutes for steel ones, according to Teports.
OPA TO DISCUSS FOOD MARK-UPS
In Indianapolis Soon to Explain Change.
Four meetings will be held in Indianapolis to explain OPA price ceilings, particularly the new “markup” amendments to local grocers, it
was announced today. Dr. Gerald E. Warren, acting state OPA price executive, urged all retail grocers to attend, adding that|i “enforcement is approaching.” D. D. Christian, associate mer-
OPA, will attend the meetings, which will be held: Jan. 26 at Rhodius Park Community center for all grocers whose stores are south of Washington st. and west of Meridian. st. Jan. 27 at Brookside Community “building in Brookside park for all grocers with stores north of Washington st, and east of Meridian st. Feb. 2 in Christian Park Community center on English ave. for grocers with stores east of Meridian st. and south of Washington st. Feb. 3 in Municipal Gardens Community center on state road: 52 for grocers with stores north of Washington st, and west of Meridian st. Each meeting will begin at 8 p. m.
Wholesalers Included
The new “mark-up” regulations depend to a large extent on the size and nature of the grocery store, Dr. Warren” explained. He said that grocers are required to make the mark-ups permitted them. They are permitted on lard, dried . fruit, dry edible beans, coffee, canned fish, hydrogenated and other. shortening, cooking ‘and salad o i corn mel canned citrus = fruits. ‘and - Jui evaporated and condbnsed.” pure maple and pure cane SyTUp, flour and flour mixes. Mark-ups are permitted also on potatoes, onions, poultry, bananas, cheese, butter and fresh citrus fruit. ‘Mark-ups are permitted wholesalers on the same food items.
WAGON WHEAT
Up to the close of the Chicago market today, Indianapolis flour mills and rai elevators paid $1.43 per bushel for red wheat (other giaaes on @ on helt Merits). No. 2 white oats, 53c, and No. 2 red oats, 53c; No. 8 yellow corn, 880 per bushel, and No. 3 waite corn, 98c.
_— on on Everything! }-..
Four Meetings to to Be Held San:
chandising price specialist of the| Som
~ Diamonds, Watches Musical Instruments, Cameras Clothing, Shotguns, Etec. JEWELRY EE The 'CHICAG €O., Ine. 146 E. WASHINGTON ST. E CROSSWORD PUZZLE £ ONL Answer to Previous Puzzle 13 Sodium, : 5 A MIOIAL (symbol : ER ARSENAL AR 3 aa motu I: RIC Pl) §l LIK 25 Royal Navy: JLiSH CIOINIEIS] (abbr.). BEE EIA 26 Before. ORK RIOINIE} 28 Pair of horses. RIA . 33 Mills (abbr.). TITIEID S|} 34 Image. NHL OMIA 36 Conducts. D S|E|VIE|RI|E[D] 38 Near. REI UT L [E[ JA[T|E] 39 Hasten. 17] BEER] pods ame MILINIEIS] IAINITY 44 She is well cf S0Numeral. VERTICAL known in «== 3 2 Bone. 45 Brother 3 54 Verso (abbr.). 1 Behold! (abbr.). . 55 Egyptian 2 Thoroughfare. 47 Oboe (abbe.). Eo ‘sun god, 3 Seine. 48 Toward. 32 a 56 Weep. 4 Arabian.” = 51 Entangles. © 3 water, 58 Negative. 53 She is a 2 ssist. eo 60 Three (prefix) 5Fasles claws. — 37 62 Likely. - reatment. gq Truly, : Seesaw. | 7 Rupees (abbr.) 58 Born. ° Affirmative 8 Undraped. 59 Order (abbr.), votes. figures. 61 Cereal grain... 67 Donkey, 9 Expunge. 62 Rough lava. 68 Looked 10 Renovation. 64 Transpore fixedly. 11 Half (prefix). (abbr.). 4 . 89 Respite. 12 Peaceful, - 66 Street (abbr), “] 4 F 6s F 8. |s jo og 5 ; 3 me . a ® 49 : : 20 5 : T = BT ST : = J
FALL TO 5000
Prices Advance 15 Cents, Pushing Top to $15.50 At Stockyards.
The frigid weather curtailed shipments of livestock .to the Indianapolis stockyards today and prices rose 15 cents above yesterday's, the agricultural marketing administra tioin reported. The top was $15.50 for good to choice 160 to 200-pounders. Only 5000 hogs were received, 1175 cattle, 200 calves and 2000 sheep,
HOGS (5000)
«SH 8als. us
. 1s 1s; 3 18.50 igus 3 ait Hy
iiagisis
sesassunssiss 1. sss sess sassssssensse sescattasnte iasssasendsny sssetsesensen sedBssssssaee
Packing Sows assscnesansss [email protected] sess scsnnces = 4 Mu saBetacstanae 4.85 Csassss arenes » 24 20014: 80 00s RBNNN IN . 14.50014.75 450- 500 pounds . sssesssesesss [email protected] estan bade | [email protected] Slaughter Pigs Medium to Good— 90- 120 pounds ........:i0000 [email protected]
CATTLE (1175) Slaughter Cattle & Calves
\ Steers Choice— . : 700- 900 pounds ....i.ee0 ees. [email protected] 900-1100 pounds ..... esssievs [email protected] 1100-1300 pounds ...ccesiesaes 15. 16.50 1300-1500 pounds ..eeessvsovss [email protected]
700- 500 eesssssssnses [email protected] . 900-1100 seses vase nas [email protected] 1100-1300 cevsesansssss [email protected] 1300-1500 resssssseenes [email protected] Medium 700-1100 pounds ..eeeseeveess [email protected] 11001300 pounds ‘veswe cevesaes A13.00914.50 700-1100 pounds ae ehy vie PR “11.000 13.00 Heifers
Choice—
600- 800 pounds ... 800-1000 pounds ...
600- B00 POUNAS ..coeerevses [email protected] rernereases [email protected]
800-1000 pounds ... sensnssesseses [email protected]
seshasennse 143301538 [email protected]
seesssssenan
Graded Eggs—Grade A, large, 39c; grade A, medium 37c; grade A, sonal, 350; no
grade, 25¢. 0. 1, j3043ks0; No. 2, 46@ erfat, No. 1, 46c; 3, 43c. (Prices or produce delivered Dr Indian. apolis quoted by Wadley Co.)
U. S. STATEMENT
WASHINGTON, Jan. 20 (U. Py. ernment expenses and >eceints for the current fiscal year through Jan, 18, compared with a year ago:
s Year. ist Year $38,91 057,660 912, 7 SE Speniing sated ,885 - oi 58; 3
Net Deficit .. 307 134, 917,320 8,417,279,437 Cash B C 794,398 3,007,764,635 Working Bal. 7 A5230.400 3.339.303 941
Public bt.. 113,748,016,420 65,553,494 Gold Reserve. 22,703,151,681"
FUNNY BUSINESS
eo
y » 494,849 22,'741,361,258 | Deb
America’s first military plane
designed specifically as an aerial freighter, the Curtiss-Wright Caravan, made of pasic pywood, shown as it passed tests successfully at St. Louis, Mo.
Smaller War P
lants Corp.
Gets Shake-Up; Holland Out
WASHINGTON, Jan. 20 (U., P.).—A new government effort to save thousands of little factories and plants from extinction by cutting their owners in for a greater share of war spending was under way today foilowing the ouster of Lou E. Holland as chairman of the Smaller War
Plants Corp.
We will be replaced by Col. Robert Johnson of the army ordnance
GRAIN FUTURES RISE
IN QUIET TRADING
CHICAGO, Jan. 20 (U, P.) —Grain futures strengthened on the board of trade today in quiet trade. At the end of the first hour wheat
was up % to cent a bushel; corn and oats up to %, and rye unchanged to up %. Soybeans were inactive.
Traders showed little interest in the wheat market at the opening, but prices firmed as local brokers absorbed scattered commission house offerings. Corn futures strengthened under ‘buying by cash houses. Oats advanced fractionally after a
Complete New York stock quotations are carried daily in the final edition of The Times. }
Lehn & Fink Products Corp. 6 months ended Dec. 31 net profit | $350,948 or 87 cents a common share
Biv 0a ow 0 omnis ver se lf
INDIANAPOLIS CLEARING HOUSE Clearings '...ooooesavcasssessaces $ 1315000 its 10,585,000
sesesats rssh sr sane seute
Ri
’ 5 7 £ PP vse <A) phe STE 7 Yt Etre JE Bhs ington ol tet ea tees wollte «oo s i ne a,
® ew eon come
g— fi iE
ZA aE : : . | Ameri —— a EE + i dom o 4 - - a 72 7 tes — ! . : ad > . Te ———— = _ ie i! —d X Ox\ts 3 ~~ \ li< x ; : we L # \ 3 5% ¥ : 3 A 2 7 3 3 JAN N= :
He will be replaced by Col. Robert Johnson of the army ordnance department, who formerly headed the firm of Johnson & Johnson, one of the largest producers of surgical supplies. A shake-up in the board of directors of the War Plants Corp. is reported imminent. Willlam T. Shipley, York, Pa. manufacturer, resigned from the board recently and has not been replaced. Other members are S. Abbott Smith, Chelsea, Mass., James T. Howington, Louisville, Ky., and Albert M. Carter, Murphysboro, Ill. Hofland has been asked by War Production Board Chairman Donald M. Nelson to stay with the corporation as deputy chairman and is expected to give his answer today. He indicated last night that
frat 7 pg nk erin, ana conned evo sa, ins rt Cutter and common ~......... [email protected] | featureless. statement: - Canner enti. 7.235@ 9.00 “I came fo Washington to fight ulls (al) weights) - | the "battle for small business and I (Yearlings Bxcluded y Beef— coi if ? N. Y. S tocks intend to continue that fight until arses tiss ceesss.. [email protected] set the battle is won. Good (al weights) seeecses 1 Tan. % High Tow Last Change er oun also wi o in Pn wa “oes Allegh Corp .. Vy 7A Ya ale ce airman ereas Ol= Yesium and COMMON ........ [email protected]| Ajjied Chem ..145% 145%, 145V, — "3 land wa 1 deputy chairman. CALVES (200) Allis-Chal ..... 27% 27 2% + Yb an only a Puy Voulors vob waiter Am Airlines lye 32 53% + be He thus will have a full voice in m es — WPB" Good and choice ............. [email protected]|Am Rad&Ss... 6% 6% 6% + % B's. high councils. and in Kis Common and medium ........ J [email protected]| Amt Roll Mill.. 10% 10% .10% — %|policy decisions. Cull (75, 108. UB) «vrverierrrss 8.50011.50 | Am T&T ..... 130% Te 13%..." Announcement of Holland's ouster, Feeder 4 fc Cattle & Calves Am Water W.. 3% 314 3% iy which was made at the White Choice... wai 3% ne 0% + i+| House after consultation with Nel500- 800 pPOUNdS ...c.cccces.. 12.50@13,| Atchison pf 68% 68% 68% + %|son, came as a complete surprise to 800-1050 pOUNdS <cesesscsees [email protected]| Atl] Refining... 10% 19% 19% — ¥ to WPB officials conOS ~300 pounds . [email protected]| Boi ARI: 33% 343k ao al 1 aders fighting for the - L escscsesssee . nae Ya a 4 seen gression e 800-1050 pounds ..eccescesse [email protected] veer 513% Ya — Medium— - * Beli Sieh ver Sas ite SiMe — Plcause of little business, and to 00-1000 pounds ..ecesccesss 10.35011.50 Bors- Warner 5 30% Th 37% ~ %| members of Holland’s own staff. One 500- 200 DOUDAS ......s...... D.00O10.35|Onipsler ... 8312 683 6314 +. 74|Of his associates said: “But he has Calves (steers) Comwith & S0.13.3 15:33 15.33 +1-32| been doing such a good job.” Good and Choice v Cons Oil ..... 1% 1% 7% — %| Chairman James E. Murray (D. _ gnds down .ceceeees - [email protected] Corn Prod AE 54% 5 5, = ub gt.) of the senate committee on ne am naenn SUH id 02 TH onal Hines sia Hollgng te uglas re. Va Ya — i! Good and Choice— East Kodak ...147 146% 146% — .% “Both the sympathy and os sd J pounds dOWR ..ieeeeee.. [email protected] Gen Electric... 5s 31% 32% - nt ition of our committee. e sa fone © 1 nS A Eee Be RR TE te ENCE ICKR alee y 8 "> 500 pounds down ........... [email protected] | Goodyear ..... 26. 26 26. oe] COL ‘Johnson was not the commit SHEEP AND LAMBS (3000) ~|mon olor: 4% Ub 4% i |tee's candidate for the No 1 ob Jn Sots ib Int Harvester. 57% 56% 56% -- 2 the corporation, but praised his abilGood and choice HB oD Spl kel .... Se 305 30k “4 Th! ity for the post. Common and choi¢e -...eesses 5.500 7.00|Johns-Man .... 0% 70% 70% — % Despite Senator Murray's state- : Lambe: enmonolt 29% Bia Na + ¥%|ment, it was recalled that members Od ind Shoice Anse reeeses 19.00 16.90| Brose & & B. ame Me 20% .... |of the committee - were extremely Common abr rt [email protected] NashiKely ... ot Sn iA ml critical of Holland's progress report Lambs (Shorm) Nat Slscull ok 1% 16% 16% -.+._ | made shortly before Christmas. It Good and choice ...c..oeevens [email protected] | Nat Dairy ..... 15% 15% Pa iF h showed that the corporation had Medium and 200d ......ieve.. 0618.25 N ¥ Central . 1 11% 11% .-... been able to scatter only an infini"Yearling Wethers Packard Taian J 2 23% .."|tesimal amount of war expenditures| Sod and choice ...... weraes [email protected] Phillips Pet or 2% “wr in rg among the smaller war. plants. cretn ins via Ean. [email protected] Penn 3 2a 4% 24% 24% ie However, only a few days ago Hol0 as Pullman ..... amz ame ame YX illand reported that more than THER LIVESTOCK Pure Oil... 11% 11% 11% ...."1$1000,000,000 of war work had been aT AE MeSH ee onthe of Novemper and ’ u .. y. niin 200-240 lbs., $15.30; 240-300 1lbs., $15.20; Sn Roebuck Seen Sa4s — 5 during the months of November and 360-400 ibs,, sie 20: 130-140 Ib, 3 15: gervel Inc .... 10% 10% 10% — % December. He announced at that 100-130 Ibs. $14.40. ” Se ocuum. ... 10% 10% 13% time that “this is only the beginBohr ad rage op BERG I BR BEC fre ewes, $7.50 d ’ Stew-war ..... 8 8 $* — %| It has been known for some time RRR ST Stokely Br wn in 4h tv. }s|that Nelson was not satisfied with £OCAL PRODUCE & Co ... Wh Wh WL — progress being made by Holland's Heavy breed hens, 3% 1bs. and over, 2c: a So oh a 28% T 1*|agency. But Holland apparently did a Ya a’ + Ya , pons, Sha Ibs. and under, 20c; Legho! | Utd Alreraft : RL B11) ni) — %|not expect yesterday's action. He Springers, 1% Ibs. and over; colored, 32¢;|U 9 Rub 1 ip pi 10472 1037, 1047s 42 |Was told about it by Nelson, who Barrel and White Rock, 323¢; Leghorn|U 8 Tob ...... 21% 21% — Y%/ asked him to stay on as Col. Johnspringers, lo. Warner Bros .. Te Va 5 + Y ’ istant. Holland asked for Roasters, 4 Ibs. and over: colored, 26c;|West: Union .. 27% 27% 27% + 3% SON'S assistan 0. Barred and Whits Rock, 6. West Alr Bke . 18% 10% 18% — 4|24 hours to decide, but in the meanSs: orns, , b! 2 ia? Tr —~ Le AY rel | White Saat 018% 1% 14% + 4 time the White House ~announced \bs.. 29¢c: slips, 37c. Cocks, 18. NN rh hh 5 % that he had been supplanted. He A lun. .3 Sept less, Poung Sheet .. 30% 30% 30% ... |subsequenily telephoned an angry bE recelp 8. and UD. |zenith Rad-... 19% 10% 10% + %
protest 10] to Nelson.
LOCAL ISSUES
Nominal quotations furnished by: local Suit of National Association ion of Securities
ealers. ig Fin Corp coh Ase nts me Corp pfd . Belt RR Stk Yds com.......... Belt RB Se Yds 6% pid..
3 4 ’ - @ > 3 | 1. un =e assets rams or in 5 a iret
Asked |
PENNSY. LIABLE FOR 22 MILLION
Court Orders Payment to Pennroad Corp. for.
Losses, Damages.
PHILADELPHIA, Jan. 20 (U. P.). —The Pennsylvania Raiiroad today was under federal court order to pay $22,104,515.92 to Pennroad Corp. for losses and damages suffered by Pennaroad as the result of “improper expenditures by officers and directors of the Pennsylvania railroad” when they were acting as officers of Pennroad in 1930 and 1931. U. S. District Court Judge George A. Welsh also ruled that all Pennroad stockholders were entitled to share in the distribution. He overruled a contention by Robert T. McCracken, Pennsylvania counsel, that only those present stockholders who held stock June 8, 1931, should share in the award. Pennroad stockholders originally asked $95,000,000 damages, while in December, 1941, Judge Welsh held that the railroad owed Pennroad $5,000,000. However, following’ this decision a board of three financial experts reported to Judge Welsh that the railroad was liable for $23,844,931.
Petition Denied
The court denied a minority stockholders’ petition that the railroad was liable for 4 per cent annual interest on sums spent “improvidently. ” The court's awards were: A loss of $9,140,130 by Pennroad on the purchase of 220,000 shares of Pittsburgh & West Virginia railroad stock for $37,400,000. A loss of $4,450,152 on the purchase of stocks of the Seaboard Air Line railroad. | “A Joss of $1,271,983 .on the purchase of Boston & Maine railroad stock for $23,617,708. "A loss of "$3,852,000 by Pennroad in the National Freight Corp., organized by Pennroad directors to aid Pennsylvania“ railroad and which went out of business shortly after it was. formed.
Freight Venture Violation -
A loss of $3,390,250 in profits made by Pennsylvania out of business handled by National Freight Corp. while it. was functioning.Penrisylvania counsel argued that the railroad’s profits were not determinable because the National Freight Corp. “should bear itsshare of the over-all operating cost of the Pennsylvania system.” Judge Welsh ruled that the freight venture was a violation of the fiduciary obligations of the railroad’s directors.
AUTO DISTRIBUTOR MOVES
Because the building at 1525 N. Meridian st. has been sold, Lewis & Winkler Motors, Inc., Studebaker distributors, are moving to 1612 .N Pierson st., just north of 16th st, between Illinois and Meridian sts.
.[the Claypool hotel tomorrow.
EVERY INDIVIDUAL is allowed a credit against his net income which varies with his domestic status, that is, whether he is a single person, & married person living with husband or wife, or a head of a family, - | This credit is known as personal exemption and is shown on line 21
{of the :return Form - 1040. The {amount of . the personal exemption
also varies depending upon the period during which the - taxpayer occupied the particular exemption status.
“The personal exemption for a
- {Single person is $500 for the year;
for a married person living with husband or wife, $1200, and for a “head of a family,” $1200. For federal income tax purposes, widows, widowers, divorcees, and married persons separated by mutual consent, as well as persons who never have been married, are classed as single persons. A “head of a family” is defined as “an individual who actually supports and maintains in one household one or more persons who are closely connected with him by blood relationship, relationship by marriage or adoption, an d whose right to’ exercise family control and provide for these dependent individuals is based upon some moral obligation.” A single person, or a married person not living with husband or wife, may, therefore, enjoy a head of a family exemption under certain conditions.
Examples of head of family status would be a widower or widow who maintained a home for a dependant child, or a son who supported and maintained a household for a dependent father or mother. In order to meet the test of actual support and maintenance as‘ head of a family, the benefactor must furnish more than one-half of the support and maintenance. The term “in one household”
ELECTRICAL TRADE MEETS TOMORROW
Electrical inspectors, contractors, dealers, insurance and utility’ engineers and - manufacturers
convene tomorrow and Friday at the Antlers hotel for the 10th annual meeting of the Indiana chapter of the International Association of Electrical . Inspectors. : The program tomorrow afternoon will eonsist of a round table dis‘cussion of inspectors problems, including the following subjects; What substitutes are being used in place of critical materials; what is happening in the wire industry; enforcement . of state electrical laws and ordinances during wartime; what is happening to the code in these critical times; testing of
tool wiring. A sound film, “Bombs over Ft. Wayne,” also will be presented. A dinner-dance will be held Friday evening, and a luncheon Friday. E. C. Belzer, representative of the Indiana Bell Telephone Co., will give a lecture-demonstration on “Communications” following the luncheon,
MORSE TO SPEAK TOMORROW
F. A. Morse of South Bend, member of the “million - dollar rouble table” of life insurance writers, will address the Indianapolis Association of Life Underwriters at a luncheon meeting in He
will discuss “Business Methods in Life Insurance Service.”
a There's a hearty warmth your ur welcome when you greet ; ue a Bond & Lillard — that 4
~ |maintain his d:pendent children
will.
electrical installations, and machine].
ordinarily means but fa father 1 sheen busines or a child or ciher dep:ndent ia away at school, or on a visit, the common househo d being (till maine tained, the head if a family exempe tion would still pply. When a parent is obliged tao
with relatives ¢r in a ‘house while he 1 ves elsev/here, the additional exemption may’ still apa ply. If, however, without necessity, the dependent continuouily makes his home elsewh:re, his |»enefactor is not head of a
July is entitled to $1200) Pern exemption on Form 104)A ; if ‘he
July 1
of the date on which }i@ became a widower. The amount of the ex« emption is not ¢2ductible from the income but. js reflectell in the amount of tax saown in the table on the reverse side of the form. Taxpayers usinz Form [040 obtain - personal exemption prcportionate with the number of months during which the partic ilar statis'is held. Thus, for a perscn who raarried on July'1 (who was not & head of & family prior to iis mariage), the personal exemption would be $8500 ($250 for the six months as a single man, plus $600 fcr six mnths as 8 married man). Married persons may, however, file joint returns even tliough one has no income, aid by filing a joint return a couple raarried during the year may obtan an exemption amounting to the exenption tq which they would be entitled fof the period of married status, plus the amount of their individual exe emptions prior ‘o their marriage In the example :iiven th? total exe emption in a joint return would be $1100 ($250 for each spouse for sid months plus $600 for six months married status). If a husband ¢nd wife living toe gether both have income and file separate return ¢n Forni 1040, the personal exemption applicable to & married person nay be tiikken in the return of either or divid:d between them in any wa’ they may agree, but the total p:rsonal exemption taken in the two separiite returns may not exceed $1200.
‘A Certain Man’ Should Read This
WASHINGTCN, Jan. 20 (U. P.). —Things aren’t good in the radio business—some 5000 sels are going out of service daily because dealers can't get repiirs — but George Barbey believe: there is at least one ray of hope. - Testifying before the senate small business commiitee as & representative of the National Electronics - Distribution associa« tion, he said: “There is a certain man in this country who loves to talk over | the radio. When he learns that © thousands of sets are jiead, hell probably do soriething about it.”
DAILY PRICE INDEX
NEW YORK, Jan. 20 (U. P.).— Dun & Bradstre:t’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-33 average equals 100): Yesterday - ...... casuess vanes 168:28 Week AZO ....cicessesisces. 167.33 Month Ago iisssenseersnes 165.38 Year Ago devaareniensss 104.08 1943 High (Jan. 18)...:......-168.82 1943 Low (Jan. 2).......4.... 166.6%
wlll
cess
STOCKHOLDERS LOSE SUIT NEW YORK, Jan. 20 (U. P.).-= Federal Judge Sirion H. Rifkind hag dismissed a stockholder’ derivative suit against Sperry Corp., its officers and directors, anid Field Glore & Co., and its partaers, fcr an ace counting and recovery of profit realized on the sale ¢f Curtisse Wright Corp. stock in 1/35.
I "WE'RE IN ¢ HAPPENS
OUR HosT's FAVORITE BRAN 1
aa
y
ek ir 70 BE
\ :
Sr ; ne » ¢ > 7 » ; iN ¢ v ~ ®Uniformly fine fF & since 1869! i | ao TE: Bond, & i cilities are devotes ;
100% to war tion. The
your
ond & Lillard offered tor ¥