Indianapolis Times, Indianapolis, Marion County, 25 January 1943 — Page 7
Some Motorists Were Tricked Out
Of Gasoline Coupons Last Week
THE GASOLINE “BLACK MARKET” got more supplies last week when a number of filling station attendants
out-foxed some motorists who and outs’of rationing gasoline.
stop it unless they have names of the attendants or addresses of filling stations that pulled the fast one. The first page in the ration book expired on the 21st. But because of the weather and illness a good many people}. hadn’t used all the stamps on that page. ‘So some attendants at the stations just told their customers that those : wouldn’t be any good any more So “just turn in the rest of
the page.” Now, it's true that those stamps marked “no. 83” aren't any good to the motorist now be the expiration date has passed but they're worth \mmore than gold to station. The sta-
to redeem those stamps, to turn them into gasoline. All the extra stamps a sta-
aren’t familith with all the ins OPA officials admit it but can’t,
stamps
BILLION IN FOOD
SENT T0 ALLIES
re Som Al Forms of Lend-Lease
Aid Total 8 Billions, Stettinius Says.
~~ |PORKER PRICE ADVANCE AGAIN
Top Rises to $15.40 Here;
5500 Hogs Arrive At Stockyards.
Hog Weights
than Sa
turday's weights advanced 15 cents. The top ‘was $1540 for good to choice 160 to 200-pounders. Re-i ceipts included 1800 cattle,
prices advanced 15 to 25 cents at the Indianapolis stockyards today, the agricultural marketing administration reported.
400 pounds ‘| were 25 cents Do cen er Lighter
from” 160 or 10 to
ealyes, 5500 hugs and 4100 sheep...
Good to 120- 4 140-1 160- 180 180200- ; 220- 240 240- 270 270- 300
300- 330 330- 360
Median
HOGS (8500)
ces [email protected] Slance is taxable as income.
450
Certain items are specifically exempt from the income tax and need not be reported in the taxpayer's return. Ta Among these is life insurance paid on the death of the insured. Amounts so received are nontaxable to the beneficiary. However, life insurance paid to a policyholder on the maturity of an endowment contract represents income and
the amount received is greater than
paid for the policy. Amounts received up to the consideration or
nontaxable. In the case of annuities received either under annuity or endowment insurance, or under retirement|m funds or plans toward which the -|taxpayer has contributed or made payments, a portion of the annuity]
‘is considered as representing a re-|In
turn of the funds originally paid|> in, and is nontaxable, but the bal-
The amount considered as income | is an amount each year equal to 3
15.30} per cent of the total premiums, con- | §
« 15.26@15. [email protected] . [email protected]
eee 14.601 . 14.60
14.90 14.90
sideration or payments made. for the| P. annuity. Amounts received in excess. of 3 per cent of the total premiums, considera or pay-|y ments made, are { turn of principal and : able; however, when th
must be reported, to the extent that]. the premiums or considerations|
similar ar slicyan ing from active service in the
bos aaempt sud nol penuired i value of a dwelling house and furnishings provided a minister of the gospel as part of his compensation.
- LOCAL ISSUES Nominal . quotations. furnished by pL unit of Ni Association of 4 Dealers,
ts Co premiums paid for the policy are| Belkan sii = Belt
Circle com Comwlth Loan §% ptd Hook com at Sepia 1% phd. 3%
N' Ind Pub Serv Mn ptd.. N Ind Rub Serv
Pub Se of Ind ¢om So nd os i: Fa @ ros pr Cc. nited Tel Co 8% -. ..
Joie Thate cons RAE 24 Van Camp Milk PIA iieeeanne Van Camp Milk com
tion could collect a: [email protected] was just so much : : gravy to them. It works this
Mr. Budrow way: For all the
WASHINGTON, Jan. 25 (U. B,). free amounts received
~— Lend-Lease Administrator Edward R. Stettinius Jr. reported to congress today that $8,252,733,000
14.50 14.10
14.75 git | 2
sence sttansns sdest estar ta
Guns ar Ioded aboard ane o the ships hat forms » convey across he Ala fo ubltd nation
battlefronts, in is considered as income sub-
’ gasoline the station actually sells, it has to have stamps to:show for, in order to get additional supplies. But it can take those extra stamps ‘obtained by trickery and get gasoline with them also, except that this
worth of lend-lease aid was extended to this country’s allies up to Dec. 31, including & $1,040,540,000 worth of foodstufls. The report covered operations since the inception of the program
CATTLE (1800)
Slaughter Cattle & Calves
Steers
sequently received and must be reported as such, Amounts . received through accident or ‘health. insurance or. under workmen's compensation acts for personal injury or sickness, and
svseseest [email protected] eee. [email protected]
. +++ 10-50816.20 . [email protected]
on March 11, 1941, The lend-lease
act is up for renewal in this session damages received on account of
such sickness or injury, are tax ex-
Sam poun pounds ran
1100-1300 Poe 1300-1500 pounds
extra supply can be peddled at black market prices.
eo
OPA officials said the filling station is the weakest link in the gasoline rationing system. The turnover in employment is so heavy that attendants are “green.” Some may ‘be green but some are pretty smart, too
>
Filling stations have their troubles with the rationing, it’s true. Ome operator had his stamps in a shirt which went through the washing, ruining the stamps. Another had his in his pants, which he had drying out by. a stove, only to burn: The OPA takes care of such cases end also makes allowances for evaporation of gasoline, spillage and theft. So it isn’t necessary for anyone: to trick the unknowing out of their stamps. It's too late for the public to do anything about this kind of fraud now but just keep. it in mind for the next time (March 21) when another page in the rationing book expires. 8 2 8
PERHAPS THE MORAL of the whole thing is: . Why have expiration dates on gasoline coupovsf anyway? It isn’t gasoline s being rationed, it is the And does it matter if the tires are saved during the winter in order.to have ga. little more pleasure in. better weathee?... Ng 3 # ¥y m3 DIRTY CLOTHES vs. ie, Laundries are getting less that mon-flamable dry-cleaning fluid (perchlorethylene) than they used to because it is being used as a smoke screen for our naval forces. In another form it is used to clean metals going into airplanes, tanks, guns, ete.
“smoke
8 2 2 - COST-OF-LIVING in Indianapolis went up 0.3 per cent in November, against a national average of 0.7 per cent. In Anderson the rise was 0.6 per cent and in Evansville it was 05 per cent. Figures are those of the conference board. " 2 2 o ODDS AND ENDS: ‘Lever Brothers, big British concern, has come out for the Beveridge plan. . .-. One auto-maker is toying with the idea of four motors per car, a small one for each wheel. . . . Sears Roebuck’s summer catalog has about 225 fewer items -in it than pre-war one... . . Ban: on pleasure driving has filled up thousands of eastern commerclal garages. . . . British point out that only 1-43d of our canned fruits and juices and 1-32d of our vegetable pack was lend-leased to Britain, Russia and China last year. « « « Western sugar beet growers re threatening to plant potatoes, and peas this year unless they get better prices.
Selected Industries, Inc., yéar ended Dec. 31, net assets $18,132,832 or $74.37 -per share -of - prior. stock Vs, $1634%, 55 or $66.11 previous) year.
#- Hs CURIOUS WORLD
ct et
CIGIIRG GX
Seu cam min 4 soar
or yoink,
“| shipped under lend-lease.
abroad this year, the report added.
of congress. A breakdown of the categories of aid showed $3,709,466,000 of military equipment, $1,570,660,000 of industrial material, $1,257,553,000 of agricultural products, including foodstuffs, and $1,705,054,000 of services,
such as ship repairs and production] ES
facilities within the U. 8. Planes Top Arms List
Aircraft and parts led the list of :
military supplies, totaling $1,198,800,000. Ammunition, the next largest, totalled $682,022,000. Tanks and parts totalled $535,715,000. The report’s figures on food ship-
ments revealed that substantial]
percentages of the United States food supply, ranging from § per cent of the meat supply to 23.1 per cent of the cheese supply in 1942, were sent aboard
‘Other food exports and their re-|
lation to the United States supply included: Dry skim milk, 23 per cent; fats and oils, 13.2 per cent; eggs, 10 per cent; condensed” and evaporated milk, 7.2 per cent, and frozen and canned fish, 7.1 per cent. : ; Pork Exports Lead ‘ The largest meat exports were pork, of which 9.8 per cent of the
nation’s supply went overseas. Only 0.1 per cent of the beef supply was
A much larger share of this country’s food stocks, however, will go
“In addition to the pressing requirements for the Soviet army and the Soviet people,” the report sgid, “we’ must be prepared to meet the new demands that come when the united nations forces ‘liberate areas now held by the axis.” The report said shortages in the United States during the past year were only in small part due to lendlease export of foodsfufls.
FIRESTONE ELECTS EX-BRAZIL COACH
BRAZIL, Ind. Jan. 25 w. P)— Bernard M. Robinson, former Brazil high school athletic coach, has been elected secretary of the Firestone Tire & Rubber Co. at Akron, O., it was announced today. Robinson, former prosecuting attorney here, played football, basketball and baseball at Indiana university, played baseball with Terre Haute in the old Three-I league and coached at Culver military academy before coming to Brazil high school. He has been assistant secretary and a member of the board of directors of the Firestone company for several years.
RESERVE COACH SPACE The Rock Island lines today announced that all space on its rocket trains, including coach space, : will
be sold on a reservation basis only:
TE hi br
:
i i
Flat cars, loaded with tanks, arrive at a debarkation point.
amazing record, of only one per. . cent. loss.” “Liong lines:of railroad
AN EASTERN CANADIAN. SEAPORT.—A steady stream of merchant, shipping moves across the water from the U. 8S. and Canada to the/ world’s battlefronts. . Today, the crack Canadian navy, 500 ships strong, carries 45 per cent of all supplies going
to Britain and esd, with the
LIFE, INSURANCE OFF 6 PER GENT FOR "42
" NEW YORK, Jan. 25 (U. P.)— AD "|The 39 leading life insurance companies in the United States wrote[4R
$7,804,701,000 of new business during 1942, a decrease of 6.3 per cent from the 1941 volume of $8,331,638,000, ac-|A cording to data issued today by the Association of Life Insurance Presidents. The companies covered by the re-
port hold 81 per cent of all life in- | Chrysler surance outstanding in United States |cons Edison Co
legal reserve companies. Ordinary insurance sales for all of 1942 were placed at $4,925,167,000, against $5,592,087,000 in the preceding year, a decline of 11.9 per cent,
t: while industrial insurance dropped | Goodrich 135 per cent from $1,710,620,000 to |So%dyear
$1,479,652,000. Group insurance, the
only class to show an increase for |B¢
1942, rose 36.1 percent from $1,028,931,000 to $1,399,882,000,
Ordinary sales for December |Eresge
amounted - to $396,475,000, against
$656,300,000 in the 1941 month, a|link
reduction of 39.6 per ceat; indus
trial sales were $97,863,000, against|N’
$186,190,000, a 474 per cent de-
crease, and group sales were $317,-} 372,000, a gain of 6.2 per cent over |Ean Am Al “| the comparable 1941 figure of $298,817,000.
her: top, 01 sie. Bore ‘sh good 360-500 Ibs. $ choise Toe 15,000;
Pr Sie30 on weighty Xi on
&h
Po Std calves, 1000; Std Oil
cars run comiinuously into Canadian ports where vast convoys. wait to take the precious materials of war aboard. Tanks, trucks, jeeps, shells and foodstuffs are among many vital supplies they
N.Y. Stocks
High Last Pri nge All corp .. - Aeon Chem . 1% Allis s
+: I+] 14s 4)
.
of oe’
LS . . . . .
w 2
| PA J
| =
ub pub
tide id _RESSESES SE
I++:
. oe oe * 0
srl)
fen Eee
Noblis Spare. 3% Ohio Oil «yeeeee ky
Sa 45% Procter & a 8 Pullman oe
tHe
«en . * a 0.
FU +++:
[RYE FUTURES GAIN ON BOARD OF TRADE gs.
CHICAGO, Jan. 25 (U. P).—Rye| _ . {s| futures rallied to gains of 1 cent aX bushel on the Board of Trade. toYa day
«| strength to export outlets earlier
carry. Ginadiag ond Amerioan. factories; plus Canadian ships; manned by sailors’ of all nations, form the combination that maintains a steady and unbroken supply line across the Atlantic. These photographs were passed by the
censor.
_ Som¢ traders credited the) upturn to the relative cheapness of this grain, while othérs attributed:
than anticipated. At the end of the first hour rye was up 1 to 1% cent a bushel, wheat up ¥% to %, corn unchanged to up 1%, oats up % to '% and soy beans inactive.
Allied successes In Russia and] Cs
North Africa gave a bullish tone to
the rye market, grainmen apparent-|
ly anticipating a pssiie lend-lease movement of grein an the near future. .
- DAILY PRICE INDEX " NEW YORK, Jan. 25 (U. Py—} Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (193032 average equals 100): Se Saturday ce udessssscscssssnns 168.32 Week Ago Cosa shebsssc senses ‘168.23 Month Ago. ctsessssssssiesesse 165.66 Year Ago -e ve asus sates ree . 185.24} 1943 High (Jan. 18) ...:..... 168.82 1943 Low (Jan. 2) .ocnssneinn 166.61
WAGON WHEAT “op to the close of the Chicago market today, Indian flour elevators paid $1.45 per bushel for . wheat (ores des on their Ene) ts, Bic. and 2 2 red oats, r bushel,
PRAY ELECTED DIRECTOR Walter J. Pray was elected a rector of Peoples State bank Sa day, succeeding the late Dr.F. Hutchins. Other officers were re-elected.
a
"and
4
fbr 4
5 ws er 5 Liisi
% +
x i ,
Ya - 23
- a
* Mountain States Power Co, 12 months ended Nov. 30, net income|
$657,144 vs. $701,342 previous year.
| (SET SE ny |
239 W. WASH ST
- Medinm—
«| Common and choice..
Bjory Lr
sesdesscnssse 14 [email protected]
1300-1500 rends metal dt [email protected] Medium
da [email protected] [email protected]
esses donee esses vane
pounds [email protected] 800-1000 pounds «.csecccesces gia Good— 600- 800 Lounds ...cesesce.ce [email protected]
empt and need not be reported as
income.
Pensions and compensation re-
ceived by veterans from the United States for services in time of war are exempt, and. pensions. received from the United States by the fam- | 300ily of a veteran for ered by the veteran in time ‘of war are also tax exempt. ,
ces rend-
OTHER LIVESTOCK -
5 NAYNE, Jan. 35 25 2 P.).—Hogs— to 60-200 Ibs., $15.2 200-240 1bs., $15.15; 240300. 1bs., Sey 400 lbs. $14.95 150-160. Ibs., $14:903: 10-150 Ios., $1465; 130-140 lbs, $14.40;
A hs $12.26 $10 down; calves, sie.50; lambs, 415. 5 ewes,
800-1000 pounds ...cecveees.. [email protected]
§00- 900 pounds .... [email protected]
Common
CALVES (450)
Vealers (all weights) Good and choice [email protected]
fum . <n 15061600 Cull (75 Ibs. up) ...... Foeder & Stocker Cattle a Calves + Steers
Segccssetone [email protected]
- 800 pounds 200-1060 P0UNdS .ceccocceses [email protected] Good— ’
500- 800 pounds © 800-1050 pounds
500-1000 pounds
Common— 500--900 pounds ....c..se00ss Calves (steers)
Good ‘and Chaice— = pounds down .
secevestecnce
[email protected] eset ascstenes n [email protected] e000 Sanna [email protected] 9.50010.25 [email protected]
Good and Choice—
500 pounds om pe ees [email protected]
SHEEP AND LAMBS (4000)
1.000 8.00
Good and cho ves vesesese 6.000 7.00
sececse [email protected] tessscssenne 14. 15.00 12.50@13.,75
mobile insuranc
LIABIL]
1428 Circle Tower
THE SAEs. 1S OVER
Practically every motorist knows. now ' how far .
Yearling Good and choice oss
MeQIUM «.vieivneressiogenanss [email protected] |
LOCAL PRODUCE
Heavy breed hens, 3% Ibs. and over, 23¢; hous. 3% lbs. and under Leghorn en:
20¢. nes, ‘1% 1bs; and over; colored, 23¢; Barrel and White Rock, a3¢; Leghorn
Eeat-Guerts receipts 54 Ibs. and up,
0s. Graded rade A, large, 3c; de A, medium, ; grade A, ree, ¥ Sade
grade, Butter—No. 1, 48048%¢; 46%e; putierat, No. 1 d6o; (Prices or produce deli apolis oad by Wadley Co.
‘U.S. eer
WASHINGTGN, Jan. 25 (U. P.).—Government expenses and receits for the current fiscal year. through Jan. 22, compared. with a. year :
3 43¢c. t Indian-
Net Cash
Working . ae 7.080,711,504 Public debt ..114.152,668,156 Gold reserve.. 22,703,010,835
= Fore
You Save Because We Save Men's Suits & Overcoats 16” *18” 21° 94"
CASE CLOTHES 215 N. Senate Ave. Open9to 9
MOTH HOLES_BURNT LEQ TAILORING 60.
In the Middle of the First Bleek
235 Mass. Ave.
USE YOUR CREDIT at
IOS RAINS
1LOTHING COMPANY
-131 W. Washington St. Directly Opposite Indiana Theater
SAXOPHONE _ Instruction “RB INDIANA MUSIC CO. 113 E. Ohio St. — FR-1184
0 ¢
Clothing on Credit
SEYMOUR’S
141 W. Washington St.
= a CE FLY IT
A hal N ILLINOIS ST 5 CREDIT JEWEL
15.DAY APPROVALT
Ll by 15 days’ ERIE RS
SHE
that this is the =O Ne CoN
: MILLIONS SATISFIED
firm have mili all over
STANLEY Jewelry Co.
113 W. Wash, Lincoln Hotel Bldg.
MOTOR DRIVEN TooLS . Exclusively. a : VONNEGUT'S -120 E. Washington ‘St. WHILE THE REST OF THE ‘TOWN SLEEPS HAAG'S Ag-NiGnT DRUG
SAVE m FURS el 10hA | TER ITV.
29 E. OHIO ST.
Picture framing. Longs ‘Selection of MoMings.
8ame Fine Quality! rn Tow = Prices! ;
Se-§1 Store Penn. at Wash.
MONDAYS. AND FRIDAYS
UNTIL 9 P. M
3 " IR
aid Sele the St a
TILT FUR hi
112 East WADMHI