Indianapolis Times, Indianapolis, Marion County, 8 June 1943 — Page 15
| BUSINESS
Farmers Refuse to Sell Corn; Livestock Feeders in Bad Fix
By ROGER BUDROW
BUSINESS IS TERRIBLE AT THE LOCAL Board of Trade. Members sometimes quit at noon and go home and
help with housecleaning. Some wonder if they should come| down to work. in the morning.
The reason is that the
loose any feed grain, chiefly corn.
grain brokers just can't pry Farmers simply are not
gelling the corn they harvested last fall,
Several reasons are advanced for this “corn sitdown.” Ome is that farmers are holding on to what they have until they see how this year’s planting is going to turn out. And because the rain has delayed planting, they are holding on longer than usual. Another reason is that corn on the hoof is worth $140 to $1.50 a bushel, when fed to hogs or cattle, while government ceilings on corn sold as grain are Mr. Budrow petween 95 cents and $1 a bushel. That encourages eat production as the govern-
“ment intended but farmers know
that OPA’s reputation for changing its mind on prices and have a hunch the OPA may let ceiling prices go higher. So they're waiting to see. Now the effect of all this is not good. A local grain broker was down in Kentucky several days atng a meeting of some irate cattle feeders. Around 70,000 head of cattle are fed down there on
‘corn slop from the country distil-
leries. The distillers can’t get corn and so the cattlemen are up against it. They are thinking of selling out. If they sell, that will leave the distilleries in a fix and jeopardize war production. It works this way. Kentucky state law prevents the distillers from dumping the corn slop into the streams and they have no dry-
ing facilities so they must feed it{¥
to cattle. If the distilleries are forced to close down, it will mean that alcohol for munitions production will suffer because they are turning - out alcohol instead of whisky now, at government order. There are other ramifications to the feed famine. Local starch plants and flour mills are up against it for supplies. A turkey raiser in northern Indiana, with a flock of 10,000 turkeys, ds having a desperate time finding feed for them. An Ohio elevator that is in the chicken hatchery business too, not
~» only is having customers cancel chick
{
i
I OS NG 57
orders but some who did buy the chicks are sending them back because they, too, can’t get feed. Many Indiana elevators that usually would be shipping corn into Indianapolis this time of year are trying in vain to buy corn from here for themselves.
Mediu An elevator in the heart of the|gsg.
corn belt in Illinois called up a local grain broker the other day wanting corn. “Boy, if you don’t have corn, how do you expect us to get any?” was the answer he got.
” ” THE CORONATION SCOT, famed British train that ran from London to Glasgow before being brought to the New York world’s fair and a tour of this country, will be used as officers’ quarters at Jeffersonville, Ind., quartermaster depot. The engine was shipped back to England where it's needed. The coaches would have cost too much to convert for use in this country and so the railroad that owned the train (London, Midland & Scottish) gave it away. ” ” 2
THE GARY armor plate plant fs laying off 800 men now, may lay off 600 more later. The plant, operated near the lake front by C€arnegie-Illinois Steel Corp., is one of the largest in the U. S. It was built by the army ordnance department and completed only last October. apparently, for the curtailment so soon is that the army has plenty of armor plate | for tanks now. . ® 8 ODDS AND ENDS: Goodyear is building a rubber factory at Mexico City, may use rubber from the gauyule bush which grows well there. . . . Chile is making razor blades out ‘of some Swedish steel it had on hand before the war. . . . General Electric built that 25 million dollar airplane motor supercharger plant in Ft. Wayne and had it in operation six months.
UNDERWRITERS ELECT
Guy E. Morrison, representative of the Northwestern Mutual Life Insurance Co. in the E. A. Crane agency of Indianapolis, was elected president of the Indianapolis Association of Life Underwriters at a meeting of the association’s board of directors yesterday in the Columbia club. Others elected were Earl Moomaw, first vice president; J. E. Owens, second vice president; Joseph York, secretary, and B. A. Burkart, re-elected treasurer.
-—
50 Calls Received
The little, inexpensive Want Ad below appeared but one day in The Times and produced over 80 calls. Complete proof that folks who are looking for a place to live are reading Times Want Ads. And "they are not only looking for a place to live, but they are also looking for many, many things to buy . used furniture, appliances, clothe ing, ete. -
539 N.—3-room house, porch. 6s. ‘own 1 or > “entidren. welcome.
To rent o sell THING,
The reason, |
Debits
HOG PRICES SAG ON 19,000 RUN
200-225-Pound Porker Top Drops to $14 Here; Down 55 Cents.
A huge run of 19,000 hogs, largest since Nov. 28, 1940, when 19,433 porkers were received, today drove the prices for weights above 160 pounds .5 cents lower than yesterday's bulk sales. Lighter weights brought 35 cents less. The food distribution administration reported that the top for 200 to 225-pound hogs was $14 at the Indianapolis stockyards. Receipts included 1300 cattle, 800 calves and 400 sheep.
HOGS (19,000)
120- 140 pounds .. 140- 160 pounds ... 160- 180 pounds .. 180- 200 pounds 200- 220 pounds ..cceceveee 220- 240 pounds . 240- 270 pounds .ecvcee 270- 300 pounds 300- 330 pounds 330- 3% pounds Mediu 160- ‘320 pounds e's Packing Sows
Good to choice— 270- 300 pounds 300- 330 pounds .es. 330- 360 paunds ..eecee 360- 440 pounds .. Good— 400- 450 pounds ,450- 550 pounds
[email protected] «ss [email protected] . [email protected] [email protected] 14.00 [email protected] [email protected] [email protected]
. [email protected] [email protected]
[email protected] [email protected] « [email protected] . [email protected]
[email protected] [email protected]
dium-— 250- 550 pounds [email protected] Slauguter Pigs Medium and Go! . 90- 120 pounds
CATTLE (1300) Steers
Choice— 700- 900 pounds 900-1100 pounds 1100-1300 pounds 130021500 pounds
0Q = 700- 900 pounds 900-1100 pounds 1100-1300 pounds 1300-1500 pounds Medium— 700-1100 pounds 1100-1300 pounds
Common— 700-1100 pounds
[email protected] [email protected] [email protected] . [email protected]
eevssseecone ssecsssssnss
. 15, [email protected]
[email protected] [email protected]
eossssssscsee ®ecsossennns esssessssene
Helfers Cholice—
600- 800 po . [email protected] 800-1000 pounds .... [email protected]
Good— 600- 800 pounds [email protected] [email protected]
800- 1000 pounds [email protected]
Medium Comm esosssscnsas [email protected]
500- 900 0 pounds eeesessesae 800- 900 1 pounds
Cows (all weights)
Bulls (all weights) (Yearlings Excluded) Beef— Good.
Sausag Good all weights) edium
tesesesrsnnns sevesscess 13. 50@14. 25
eo0sess 3 [email protected] [email protected] 10:00 11.50 CALVES (800) Vealers (all weights) . Good to choice Common -and medium Cull (75 lbs. up) Feeder and Stocker Cattle and Calves Steers Choice— 500- 800 pounds .ce.ecosensees 1475015. 5 800-1050 pounds .. . [email protected]
Good— 500- 800 pounds ....eeceeee.. 14.00 14.75 800-1050 pounds ... . [email protected]
Medium— 500-1000 pounds ..eseecscesss [email protected] [email protected]
Common— 500- 900 pounds Calves (steers)
Good and Choice—
bo pounds down [email protected]
edium— 500 pounds down [email protected] Calves (heifers) Good and Choice— 500 pounds down [email protected] Medium— 600 pounds down [email protected]
SHEEP AND LAMBS (400) Ewes (shorn) Good and choice Common and choice .....eonue
Good to choice «+ [email protected] Medium and good ........ ves [email protected] [email protected]%0
Lambs (Shorm)
Good’ and choice Medium and good Common
DROP REPORTED IN EARLY VEGETABLES
WASHINGTON, June 8 (U. P.) — The department of agriculture reported today that stocks of most
rationed foods, together with prospective production, probably will be enough to maintain the present level of consumption until the end of this year. Commercial production of early vegetables, the department said, is running about 13 per cent below last year. Winter and spring freezes dealt harshly with apricots, cherries, peaches, plums and prunes, and production of those fruits is expected to be materially smaller than last year. Production of citrus fruits, most of which have been harvested, is of record size. "The department noted: that the total production of livestock products has been materially larger than during the corresponding period of last year. It also said that the present level of livestock production cannot be maintained, at least beyond 1943, unless extraordinarily good yields of field grains are harvested this year. .
[email protected] 12,[email protected] [email protected]
U. S. STATEMENT
WASHINGTON, June 8 (U. P.).—Government expenses and receipts for the current fiscal year through June § oumnpa with a, year a
$713 33s, 8, "62 $28, 108,815, 957 ges, 1067 23,863, 13, 10,455,696,5¢ 18,159,612,957 2,464,737,17 aa, 528 39 - 140, 508,307, 4 reserve. . 22,426,919, 426, 910,339 2 715 18,359 INDIANAPOLIS $ CLEARING HOUSE
here 4,623,000 Coa ir ae vhs ino0
red | $688,450 vs.
flock of them awaits army pianes
all-out production of gliders.
in racks ready to be fitted to fuselages.
to tow them away.
Gliders are faking a large and important .place in planning by the U. 8S. army and one produclion line is turning them out on a 24-hour schedule. Top panel is a scene at Grand Rapids, Mich., airport as a The motorless planes will be used as troop transports, capable of carrying 15 fully equipped soldiers and a jeep or a 75 mm. howitzer. At left, wing struts At right, one reason why women’s precions nylon hosiery is disappearing. That tow rope is made of nylon that cost several hundred dollars. Lower scenes take in plant of Gibson Refrigerator Co. Greenville, Mich, converted from manufacture of refrigerators to
‘MUST PREPARE
FOR PEACE NOW’
Publisher Urges Expansion Of Post-War Aviation Industry.
American businessmen must take 0| positive action now to win the o| peace, Arthur H. Morley, publisher of the American magazine, de-
clared yesterday in a talk before the Indianapolis Advertising club and the Indianapolis Sales Executives council at a dinner meeting in the Indianapolis Athletic club. To win the coming peace Amer-
o| ‘post-war planning but post-war | preparation, because the word preparation connotes action,” Mr. Motley pointed out. Illustrating this point by consid-
tion industry, he said: Wider Use of Aircraft
“Aside from the utilization of new aircraft plants and equipment to manufacture products in other lines, the future of the industry in the manufacture of aircraft is going to depend on one thing—that is, facilities that will make possible the wider, more economic and more efficient use of aircraft transportation of all sorts.” Mr. Motley urged a “tremendous |o|
airports for private flying, transportation, express, freight and mail . . for airports are but a part of with highway and railway systems, high-speed communication downtown areas and everything else calculated to make it easy for America’s millions to use this new method of transportation. reesei ssisintedeis—
BUSINESS AT A GLANCE
Federal Light & Traction Co. and subsidiaries 12 months ended March 31 net income $1,148910 or $1.68 a common share vs. revised. $1,066,938 or $1.53 previous 12 months. Kroger Sales 20 weeks ended May 22 sales $161,968,807 vs. $138,062,766 year ago, up 17.3 per cent. United States Leather Co. and subsidiaries six months ended April 30 net profit $685,309 or 15 cents a common share vs. $824,632 or 35 cents year ago. Brillo Mfg. Co. quarter ended March 31 net income $6617 or.45 cents a class A share vs. $88,465 or 54 cents a common share ‘year ago. Dr. Pepper Co. 1942 net income $1,298,478 or $1.85 a share vs. $857,059 or $1.22 in 1941. Dresser Mfg. Co. six months ended April 30 net income $1,280,346 or $3.82 a share vs. $543,207 or $1.62 year ago. Globe-Democrat Publishing Co. 1942 net profit $288,236 vs. $1,148 in 1941, Goodrich (B. F.) Rubber Co. of Canada, Ltd., 1942 net income $281,653 vs. $115,570 in 1941. Macfadden Publications, Inc. 16 months ended Dec. 31 net loss $717,503 Joss for 12 months ended Aug. 31, 1941, McMellan Stores Co. 4 months
10llended May 31 sales $10,698,480 vs.
$8,487,315 year ago, up 26.1 per cent. * Rustless Iron & Steel Corp. quar-
9(ter ended March 31 net profit $822,-
680 or 86 cents a common share vs. revised $576,011 or 60 cents year ago. Scott-Burr Stores 5 months ended May 31 sales $5,451,648 vs. $4,358,554 year 380, up 24.08 per cent.
ican industry must not engage in|g
ering post-war problems of the avia-|g
increase in the size and number of P
a plan which includes integration |Bub
with Radio Shell Un Oil..
N. Y. Stocks
Complete New York stock quotations are carried daily in the final edition of The Times.
Net Last Change 2Y Ys 157% — 1Y% Vz Ys
Ya
Hi Allegh Corp ... Allied Chem Ya Allie HE 7 can
an Am Am Am T & T Am Am Anaconda ...
FELL E+]
Armour Ill .... Atchison Atl Refining... Balt & Ohio.... Beth Steel .... Borg-Warner .. 33% Bdgpt Brass ..
oN VEER
Comwlth & So. 1 ons Edison 20% Cons Vult Airc 213 Corn’ Prod. .:.. Curtiss-Wr A . Dome Mines .. 2 Dow Chem ... East Kodak .. Elec Auto-L .. Gen: Electric . en Foods ... Gen Motors .. Goodrich Goodyear Ind Rayon ... Int Harvester . Int Nickel Int T&T Johns-Man Kennecott . Kresge SS ..... Kroger G & B. L-O-F Glass Link Belt . Monsanto Nash-Kelv .. Nat Biscuit ... Nat Cash Reg. Nat Dairy .... 203 N Y Central . Sophie aSparks,
Lil:
H rire
Phelps Dodge. Procter & G .
td Brands .. 3td gS & =
td Cal td on (Ind). td Oil (N aN. jludepsker ire ft & Co.... Texas Co .... 50 Timken R B.. Un Air Lines.. U 8 Gypsum. U 8 Rubber... U 8 Steel .... West Union .. Westing El.... 9 Woolworth .. Wrigley Yellow Tr ... Young Sheet.. Zenith Rad ..
ELLE LE LILI 410:
.
J++:
WPB DROPS PRIORITY RULE FOR FARMERS
WASHINGTON, June 8 (U. P.).—
The war production board today authorized farmers to buy items of general industrial equipment fre-
— 1%
quently used on farms without fur- i
nishing priority ratings such as are required by others. Under the new blan a farmer|’ need only certify to his dealer that he is a farmer and requires the
equipment in operating his farm | 4%:
He may use this procedure to buy such items as fractional horsepower motors, blowers, pressure vessels and cooling systems, the WPB said.
BOND SALE PLANNED
NEW YORK, June 8 (U. P.).— Paramount Pictures, Inc, plans private sale of approximately $15,000,000 in new bonds and use of the proceeds, plus treasury funds, for retirement of $16,634,000 in outstanding debt, according to reports in financial quarters here.
DAIRY MEN TO MEET Executives and managers of Indiana dairy plants manufacturing and processing milk, butter, ice cream, cheese, evaporated and dried milk products will meet at the Clay-|today pool hotel ‘15 and 16 to con-
N bushel;
? | tered commission house selling.
STATE UTILITY BOND
GRAIN FUTURES ARE IRREGULAR
Prices Mixed in Trading; Little Wheat Demand;
Corn Unchanged.
CHICAGO, June 8 (U, P.. Grain futures moved narrowly ir-
: regular on the board of trade to-
day. At the end of th the first hour wheat
was unchanged to off % cent a corn unchanged at OPA limits, and oats and rye both up % to off %. In the July options wheat was unchanged to off 3 cent a bushel from the previous $1.44% @ 7%, corn unchanged from $1.05, oats up % from 647% cents, and rye off % to up % from 95% @ % cents. Little demand appeared for wheat as the trade adopted a cautious attitude pending legislative developments. Prices: eased under scat-
ISSUE HEARING SET
PHILADELPHIA, June 8 (U. P.).
Ye _|—A Northern Indiana Public Serv-
ice Co. proposal to issue $1,400,000 in
% bonds and serial notes to permit
acquisition of utility plants in La Porte county, will be considered by
+ | the securities and exchange com-
mission June 25.
Also to be considered is an In- Bel R
diana proposal to acquire for $100 a share in a proposed 3750-share
ic | voting stock issue of the subsidiary,
the La Porte Heat Corp., which in turn would acquire other utility
assets from the La Porte Gas &|
Electric Co. for $2,200,000.
AIRLINES ANNOUNCE NEW D. C. SERVICE
American Airlines, Inc., announce
3; |a new Indianapolis-to-Washington u service.
Flagships now leave Indianapolis 1:29 a. m. and arrive in the nation’s capital 5:58 a. m. Other Washington service: Leave Indianapolis 8:15 a. m., arrive in Washington 1:18 p. m. and leave 3:49 p. m,, arrive 8:09 p. m.
LOCAL PRODUCE
av breed hens, 24%c; Leghorn hens, Brojlers, fryers and roasters, under §
Old roosters,
16¢. yi SEr-Current receipts, 54 lbs. and up|, rade A large, 37c; sds Morris 5&1
A iraded
A Zedium, ; grade A small, 26c; grade, 3lc.
Dre 1, 60c. Butterfat—No. 1,
ARMOUR DEBENTURES SOLD NEW YORK, June 7 (U. P)—A
'| syndicate of 90 investment firms
headed by Kuhn, Lioeb & Co. today offered $15,517,700 of 7 per cent cumulative income debentures, subordinated, of Armour & Co. of Delaware. : ; —————————————— WAIVE ROYALTY PAYMENTS PITTSBURGH, June 8 (U. P.) — The Jones & Laughlin Steel Corp. and Whiting Corp. today announced the waiving of royalty payments for licensees in the use of Bessemer flame control for side-blow con-
verters. r 1 ris)
WAGON WHEAT
i SE
ER paid $1.84 ‘per bushel an
‘| not hurt him noticeably among his
|and boys going from his own com-
MINERS STILL FAVOR LEWIS
Union Leader Popular With Workers Despite Criticism.
By FRED W. PERKINS Times Special Writer
WASHINGTON, June 8—A sampling of sentiment in coalproducing communities, just made by this writer, leads to the conclusion that criticism of John L. Lewis by officials and soldiers, as well as by much of the public, has
half-million United Mine Worker followers. Unless satisfied in the meantime, or restrained by law or other governmental action, the U.M. W. chieftain will be as competent on June 20 to close down the mines as he was on May 1 and on June 1. Some miners are fearful that Mr. Lewis may lead them into trouble but these apparently are a minority, and certainly they are not highly audible. The men who run the district organizations in nearly all cases bear the o. k. of the international leadership, and in many cases are
watchful for dissenters and ready to apply the penalty of expulsion from membership, which means denial of the right to work in a coal mine. Leadership of the locals also is heavily pro-Lewis, although here there is more selfdetermination than in the district commands.
Won't Talk to Strangers
The rank-and-filers who disagree privately with the International leadership stay away from local meetings, and won't talk to strangers. The miners, both the Lewis men and the others, are in general good Americans, despite their readiness to stop work when they know coal is vital to the war. Man after man, when asked what he would do if the coal shortage became acute and really threatened the chances of victory, said: “That would be a different situation. We'd meet it when the time came.” There is probably no more subversive influence among these miners than in any other large group, and less than in some unions directly related to the war effort. The proportion of young men who have gone from miners’ families into uniform is about the same as from other elements of the population.
Many Display Stars
In fact, judging from the number of service stars displayed in the windows of miner homes, the proportion may be larger. But miners seem to go in more than others for such symbols—perhaps because of a feeling that their patriotism is being unustly challenged. Their record of buying war bonds is impressive, not only through local unions and individually but in the international organization. Occasionally you hear threats that they will quit buying bonds unless they get a substantial raise, but the interviewer wonders if they mean it. As to the physical need for such 4 raise, this reporter failed to see any evidences of malnutrition. What gripes the miner most is that he hears or knows of young girls
Mr. Perkins
munity into war factories and bring home fat pay checks. Why doesn’t the miner do likewise? Because he is rooted in his community, and because he knows there is no permanence to the war plants. And—unbelievable as it may sound to some—the miner likes his work.
LOCAL ISSUES
Nominal quotations furnished by anapolis securities dealers. Bid Agents Fi T%
Indi. Asked
Bobbs-Merrill 4% % pra’ Circle Theater com Comwith Loan 5% Hook Drug Co c Home T&T Ft Vanne. 7% pid. on Ind Asso Tel 5% ptd & Mich 1%
Indpls P & L 8%%.... Indpls P & L com Indpls ers Inc com Indpls Wate: 0! *Indpls Water Class A com .. Lincoln Loan Co 5% pfd Jueom Nat Life Ins com. N Ind Pub Serv 3% ma N nd Pub Serv
So Ind 4.8 he i Stokely Bros = PIC .c.convesve . 18% United Tel Co Co "% . essences 98 Unjon Title com .....c0000000 Van Camp Milk pfd .....cc... - 88%
Local Products Smash the Axis
Sam D. Irwin, vice president of the Curtiss<Wright Corp., who recently returned from a 75,000mile trip to every war zone on the globe, believes that the pulverizing raids over French Africa, the Middle East and in the Pacific by airmen flying American planes are just a prelude to the devastation in store for the axis. Curtiss electric propellors — many made ‘in the corporation's Indianapolis plant—flew the majority of these planes and are propelling thousands of others in service with the air forces of the allied nations over every battlefront, Mr. Irwin said.
SEES DISPARITY IN RAIL WAGES
Witness Claims Some Are ‘Astronomical,’ Others
‘Infinitemal.’
NEW YORK, June 8 (U.P. —E. L. Oliver, Washington statistician
‘land first witness called by railroad
unions in the hearing before an emergency board of the national railway labor panel on their demand for a 30 per cent wage increase, testified today that transportation employees received average annual earnings of $2827 for the 12 months
‘lending in October, 1942.
Asserting these earnings were “greatly reduced” by expenses away from home while completing their runs, Oliver added that the variations in earnings among railway workers were wider than in any other industry in the United States. Some pay checks could be produced, he said, “which would appear astronomical, others which would appear infinitesimal.” Oliver was first of more than 35 witnesses awaiting call by Edward J. Flynn, former national Democratic committee chairman, and counsel for the five engine, train and yard service unions, who are seeking approval of their pay increase before a three-man federal board. The board includes: South Carolina Supreme Court Justice Walter P. Stacey, chairman; I L. Sharfman, economics professor of the University of Michigan, and Frank M. Swacker, New York attorney. ‘Testifying that the average earnings of 312,000 transportation employees amounted to $2221 in 1941, Oliver said that approximately 35,000, or nearly 16 per cent of the workers earned $2400 to $2600 annually in 1941. Other variations, he said, extended from the less than 2 per cent of employees receiving $1200 to $1400 to as high as 6 per cent who received $3400 to $3600.
PENALIZE INDIANA GOAL DISTRIBUTOR
An order revoking the registration of Miss E. H. Wasson, Winchester, Indiana coal distributor, has been issued by Dan H. Wheeler, director of the bituminous coal division in Washington. The registration was revoked with the conditions that no application for reinstatement would be considered within a period of two years
chased purportedly for resale.
on coal purportedly bought f sale as a bona fide register
Goodrich Brothers Co. Inc., Winchester, Ind., by whom she was employed, and that the discounts actually went to this company.
B. & 0. SHIFTS ANNOUNCED
A. Witte, who has gone to Cincinnati as commerce agent, has returned as division freight agent of the Baltimore & Ohio Railroad Co. traffic department here. Edwin H. Gardner succeeds Edward Lind as district freight agent.
and that the distributor must then |: show that she has refunded to code |: members a total of $2323.42 repre- |: senting discounts.she is said to have |: accepted from them on coal pur-|:
The director charged that Miss|: Wasson had violated the act and|: regulations by accepting discounts]: re- |:
tributor, but actually bought for]:
Harold S. Smith, replacing Harry/|,
TAX EXEMPTION FORM PREPARED
Wage Earners Must Fill in Certificates Under Withholding Plan.
In preparation for the new withe holding tax, effective July 1, ex= emption certificates. are to be filled out by all salaried employces and wage earners in the state, gccording to Will H. Smith, collecior of intérnal revenue for Indiana. Employers will distribute the cortificates, which will be used in figuring the amount of exemption each person is allowed before the withholding tax is applied to his wage or salary. Deductions will “start with the first payroll period beginning on or after July 1. Mr. Smith explained that no taxes will be deducted for a payroll period beginning on June 30.
Forms Available
The exemption certificates will be at Mr. Smith's office in the Federal building and at branch internal * revenue offices in the state betwecn June 15 and 20. These are located at Evansville, Ft. Wayne, Lawrence= burg, Gary, South Bend and Terre Haute, and the forms also will be at county seats where a deputy cole lector has an office. Certificates must be filed by employees “within sufficient time in advance” of the July 1 starting date. Failure to do so means employers must withhold the tax on the total amount of wages paid to the cme ployee during the period, with ne exemptions allowed, With the forms there will be printed instructions and information sheets for both employers and eme ployees. Employers may reproduce the forms at their own expense if they are kept identical, Mr. Smith said. He added that Indianapolis taxe payers will save standing in line to pay their second income tax install ment if they will go to the office now or mail their remittance with the notice. There are about 100,000 taxpayers in Marion county yet to pay.
ELECTRIC LEAGUE TO MEET THURSDAY,
B. W. Clark, vice president of the Westinghouse Electric & Mig. Co. and president of Westinghouse Electrical Supply Co., will address members of the electrical industry, on “A Look at the Future” at an ‘“all-industry” meeting sponsored by the Electric League of Indianapolis Thursday in the Claypool hotel. Special guests at the meeting will include D. J. Angus, president Ese terline-Angus Co.; C. N. Reifsteck, works manager R. C. A.; Joseph E, Cain, executive vice president P. R. Mallory & Co.; William W., Gare stang, vice president Electronics Laboratories, Inc.; H. T. Pritchard, president, Indianapolis Power & Light Co.; F. T. Whiting, northe western district manager Westinge house Manufacturing Co., and Henry Czech, district - manager, Westinghouse Supply Co.
Ready for the New LAW?
You owe it to yourself to find out how Indi-
ana’s new Financial Re=sponsibility Law will affect you if you have an accident after July 1st and cannot pay for it, or prove financial responsibility. For complete details, see or telephone
Mutual Agency, Inc. GRAIN DEALERS
1740 N. Meridian WA bash 2456
Our Grain Dealers Mutual Indiana Automobile Policyholders have always received dividends
of at least 20% each year.
Merchandise
BUSINESS DIRECTORY
and Service
5-Stores-In-1 ® PIANOS, ORGANS ® BAND INSTRUMENTS ® ELECTRICAL APPLIANCES ® FURNITURE, 3 FLOORS ® RECORDS, RADIOS
Van Camp Milk COM vues
Bond A Algers Wins'w W RR %%. . -| 58 American Loan 5s 51 American Loan 5s a Cent Com Bids & a Ch of Com. Bld ke i. Chileans Ing 1 gt
onso Ind [nd Ind [nd
ac Corp 5& 57 S. Machine C Corp. 5s 53.. “eEx-dividen d. DAILY PRICE INDEX NEW YORK, June 8 (U.P.).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100).
’
120 N, Pennsylvania ¢ LI-5513
of MOTH He or WORN SP
LEON TAILORING C0.
In the Middle of 235 Mass Ave. the First Block
HANGERS Ic EACH
We Buy Usable Wire Garmen Hangers at 10c per bundle of 10, 63 Stores All Over Indianapolis
IRIEL TE
GUARANTEED
Wii Reps
AT OUR USUAL
S E¢ PRICES
43 S. 149
Yesterday Secrets cvesescenien 170.48 Week 880 ...serreervoeraess. 171811 Month ago BOP BNORNIIOININIOOERS 171.03, Year ago Seretrenessiransany 154.00" 1943 high (April 2) .......... 172.40 1943 low (Jan. 2)............ 166.61
Sensational Values!
Merchandise for Fresh, Timely. Car, Home and Outdoors. EASY TERMS
You are PecTue We Save Men’s Suits & Overcoats] $ { 6” $ { 8” 9 { 7 24 CASE CLOTHES
215 N. Senate Ave. Open 9 to 9
FUR COAT STORAGE
Phone $300
FRanklin 2681 Insured
For Bonded Messenger Up to , $50
MARILYN FURS
29 E. OHIO ST.
Lux Laund
for Better Service
Phone BR. 5461
stern Auto Stores
UNDERWRITER TO SPEAK C. Vivian Anderson, Cincinnait underwriter, will address a dinner meeting ‘of the Indianapolis Life
Insuraiice Trust. counefl st 8:30 tomorow: Washi
AT LL3
TRY A WANT AD IN THE TIMES. IT WILL GET QUICK RESULTS.
SAXOPHONE “Instruction
2%