Indiana daily times. [volume], December 31, 1920, Last Home Edition, Page 3, Image 3

About Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922

Image provided by: Indiana State Library

                
SAYS BUSY DAYS
FORECAST FOR
_/L921 JUSTIFIED
President of Illinois Central
Issues Message on Rail
Conditions.
ACHIEVEMENTS LAUDED
“Many predict a buelne** revival early
in 1921, an optimism that ttemi alto
gether Justified,” says C. H. Markham,
president of the Illinois Central Railroad
Company, In a circular message that has
been sent out under the head of “IllinotH
Central Reviews Transportation Condi
tion of 1920.”
After touching on difficulties experi
enced by the railways of the United
States during 1920, Mr. Markham says:
"Facing the great demands for trans
portarlon with many obstacles against
them, the railways accomplished a task,
that seems almos" miraculous. The dan
ger of a coal famine was averted. Neces
sary traffic was moved. A steadily In
creasing record of efficiency was built np
week by week and month by month, ex
ceeding all previous records of railway
history. The peak of the car shortage
was passed early in September. Late In
November a car surplus actually ex
ieted. The supply of transportation now
exceeds the demand for the first time
in five years.
SAY'S PREDICTION
IS JUSTIFIED.
“Mary predict business revival early
In 1921, on optimism that seems alto
gether Justified. If tbe predicted busi
ness revival materialises. It will make a
heavy demand upon the railways. We
believe the railways will be able to more
a larger business than they moved dur
ing the record-breaking paat year. New
equipment will be In service and old
equipment will be in better condition.
•‘Railway workers are developing the
old spirit of loyalty and efficiency, con
ceived upon anew foundation of puhllc
service. More adequate rates have been
granted. The public is taking a more
Intelligent interest in railway affair*.
Lessons in cooperation have been learned
ADVISES MAKING
EARLY SHIPMENTS.
“It is well, bowpver. for those who will
make heavy demands upon traffic during
the year to anticipate those demands as
early as possible, now that the railways
are In a position to handle all traffic
offered them. Material which can be
transported now In anticipation of later
demands should be transported, in order
to distribute the traffic burden more
evenly.
"U' of the Illinois Central system are
proud to have shared In the 192 ft record
of rlie railways of the country. Our best
efforts will now be put forth In helping
to make the record of the railway* for
2921 even more creditable than was the
record of 1920.
“Constructive criticism and suggestions
are invited.”
Held for Unlawful
Storage of Films
Michael Doody. 25, of 9 West Market
street, was arrested last night on a war
rant charging him with unlawful stor.
■ge of movie films and haring "unpro-
Hpeted movie films.”
WiThe arrest was the. result of an in-
by city firemen of the fire
'prevention and inspection department.
Dependability in Banking Service
Fletcher American National Bank
of Indianapolis
Capital and Surplus, $3,000,000
Officer s
STOUGHTON A. FLETCHER. President
ELMER W. STOUT, Vice President and Counsel ADOLPH G.WOCHER]* Assistant Cashier
THEODORE STEMPFKL Vice President FRANK F. WOCHER, Assistant Cashier
GUSTAV H. MUELLER, Vic* President ROBERT H. TYNDALL, Assistant Cashier
WALTER T. C. GOLT, Vice President C. O. ROBINSON, Assistant Cashier
OSCAR P. WKLBORN, Vice President 11. J. KAROL Manager Foreign Department
RALPH K. SMITH, Vice President and Cashier HENRY L. HILKENE, Auditor
Board of Directors
HENRY C. ATKINS, President E. C. Atkins & Cos. GUSTAV A. SOHNULL, of Schttull & Cos.
HERVEY BATES, President Indianapolis Hominy Mills HENRY SEVERIN', President Lewis Meier & Cos.
HERVEY BATES, JR.. President American Hominy Cos. RALPH K. SMITH, Vice President v
JAMES I DISSETTE Capitalist OH AS. B SOMMERS. President D. Sommers & Cos.
HUGH DOUGHERTY, Vice President Fletcher Savings and " ELMER \V. STOUT Vice President and Counsel
Trnst Company LUCIUS SI. WAINWRIGHT, President Diamond Chain and
STOUGHTON A FLETCHER, President Manufacturing Company
GUSTAV H. MUELLER. Vice President OSCAR P. WELBOIiN, Vice President
WM. F. PIEL, President Piel Bros. Starch Company FERDINAND WINTER, Attorney
MICHABL J. READT, Capitalist EVANS WOOLLEN, President Fletcher Savings and Trust
JOS. C. SCHAF ‘ Company
Where Coin’s Failure
A miserly mllllnaire was approached
by a friend, who used his persuasive
powers to induce him to dress more in
accordance with his station iu .ife.
"I am surprised, John,” said his
friend, "that you should allow yourself
to become shabby."
“But I'm not shabby," firmly Inter
posed the millionaire.
“Oh, but you are,” returned his friend.
“Hemember your father. He was al
ways neatly, even elaborately dressed.
His clothes were always finely tailored
and of the best material.”
“Why,” shouted the miser triumphant
ly, "there clothes I’ve got on belonged
to father'.”
Mindful of the cordial
relations and public
patronage in the years
that are past, it is our
pleasure to extend to ail
“A HAPPY NEW YEAR”
THE I. W. FURNAS
ice mm go.
TO PROVIDE FOR
WOMENPATIENTS
New Buildings to Be Added to
Epileptic Village.
Work will start soon at the Indiana
Village for Epileptics at Newcastle, on
additional buildings for women, accord
ing to a statement today of Amos W.
Butler, secretary of the State Board of
Charities. The village as it is now
equipped can care for only men and
boys.
Plans for erection of women's cot
tages have been prepared, but construc
tion work has been delayed because all
bids for their erection have exceeded the
available funds. When these buildings
are completed the colony will be able to
care for all persons in the State needing
help, it Is thought.
Estimates place the number of rneutal
defectives in Indiana at 4,123, or .15 per
cent of the general population.
In public Institutions throughout the
State there are 1,027 epileptics; 274 in
the five State hospitals for Insane, 207
in the School for Feeble Minded Youth,
571 !n the Village for Epileptics and 175
in county poor asylums. Os this total,
INDIANA DAILY TIMES, FRIDAY, DECEMBER 31, 1920.
376 are insane, 546 feeble minded and 100
without marked mental deficiency. The
men and boys number 609; women and
girls 418. Classified by age, fifty-nine
are under 16 years, 618 between 16 and
40 years, 350, 45 and over.
Depression Affects
U. S. Shipping Less
WASHINGTON, Dee. 31.—World-Wide
shipping depression has affected Ameri
can merchant fleets less than those of
other nations, according to shipping au
thorities. About 200 United States ship
ping board vessels are tied up for lack
of business, but unofficial reports state
there are perhaps six times that many
English ships tied up in home ports be
cause of the slump.
Marine engineers, fearing wage reduc
tions, petitioned Admiral Benson, chair
man of tbe shipping board, against a
cut.
KAHN INCREASES CAPITAL STOCK.
Capital stock of the Kahn Tailoring
Company of Indianapolis has been in
creas'd from .>IOO,OOO to 1-790,000, accord
ing to articles filed with the Secretary
of State. Hurty, Peck & Cos. have also
increased their capital stock from $25,000
to $30,000.
DEPENDABILITY in banking service has always been the one recognized import
ant factor that is demanded by the depositor of a bank in handling his
funds and business problems of a financial nature.
In making your banking connection it should be done with the greatest care, and
with consideration of the record and standing of the institution which invites your
business, as well as the service it is able to render you.
The Fletcher American National Bank with a record of eighty-one years of
practical banking, offers you a banking service that is dependable, broad and com
prehensive in its scope and especially adapted to meet your every particular finan
cial requirement.
The Fletcher American Company buys and sells government, municipal and
corporation bonds, short-term notes, acceptances and stocks, offering a complete
service to conservative investors.
Our private telegraph wire to all important markets enables us to handle all classes
of business promptly.
FEDERAL TAX SERVICE
Many corporations have overpaid
their taxes during the past three
years due to the inexperience of their
auditors in real tax work and their
inability to develop and properly take
advantage of these elements of value
which the concern was entitled to but
wdiich w r ere not in evidence on the
books.
Under the law\ invested capital is
not limited to cost or value pur ..based,
but may include value donated and
value earned regardless of whether
it is tangible or intangible. Corpora
tions have paid out thousands in ex
cess of their true liability by listening
to accountantsw r ho, not knowing how
nHpjp ■ SBB
Detroit, Michigan
Fletcher American Company
Indianapolis
Capital, $1,500,000.
Officers
President, STOUGHTON A. FLETCHER
Vice I’residents
ELMER W. STOUT W. H. WADE OSCAR P. WKLBOKN GEO. C. FORREY, JR.
Treasurer, L. P. ROBINSON Secretary. G. R CLIPPINGER
Manager Foreign Department, 11. J. KARCH
Directors
HENRY C. ATKINS. President E. C. Atkins St Cos. G. BARRET MOXLET, First Vice President Kiefer Stewart
HERVEY BATES, JR., President American Hom'ny Company Company
STOUGHTON A. FLETCHER. President Fletcher American GORDON A MURDOCK, of IL C- S. Motor Car Company
National Bank. CHARLES S. RAUH. President E. Ranh & Sons Fertilizer
ALFRED M. GLOSSBRENNER, President Levey Brothers & Company
Cos. CHARLES B. SOMMERS President D. Commers & Cos.
WILL H. HAYS. Lawyer and Chairman National Republican ELMER W STOUT. Vice President and Counsel Fletcher
Central Committee. Ainerlcnn National Bank
W. J. HOLLIDAY, of Electric Machine Company ALEXANDER L. TAGGART, President Taggart Baking
LOUIS C. HUESMANN, President Central Supply Company Company
HARRY E. Kt ERIE, President Chicago, Indianapolis & ANTON VONNEGUT. President Vonnegut Machinery Cos.
Louisville Railway Company WILL H. WADE Viee President Fletcher Amerlcnn Cos. ,
ELI LILLY. Vice President EH Lilly & Cos. GUY A. WAINWIUGHT, Vice President Diamond Chain and
WALTER C. MAHMON, President Nordyke & Marmon Cos. Manufacturing Company.
FELIX M. MeWHIRTER, President Peoples State Bank of OSCAR P. WELBOKN, Vice Preeldent Fletcher American
Indianapolis National Bank.
r*"""-*" —■ ■ ■ mm
TT
A Special Analytical Service for Manufacturing
Corporations
Doney, Rogers & Company, Inc.
Federal lax Specialists
ACCOUNTANT3--COST ENG^NEERS-APPRAISERS
Hume-Mansur Building, Indianapolis
to handle elements of investment
properly, have stated that they could
not be used.
In our experience of the past three
years we have discovered that there
are more than forty points not com
monly considered by auditors which
legitimately reduce tax liability.
Manufacturer’s News.
We are always glad to call on any
manufacturer without obligation or
expense on his part and discuss with
him w r hat has Seen done for others
and point out what we can do for him.
A complete outline of our service sent
on request.
Organized 1917
igrajjujjP' '•
■ms . -, 1
Washington, D. C.
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