davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
Other livestock
(BY United Pressl

Goo Insi9qng ,S S9oG & diTso5s mostly
Verag to $40 bu Gxef 8o 6naa b9
1855; $780, lbs. $3.50 Co. better
e. grade 5 14o-16o lbs. s9l0m95o best soWs
steady early: market hardly as active as
Monday; Target fat stere and earring run
y Wn f9qd gTaded a. bulk e eaF
bid on choice medium weight steers:
stockers and feeders steady at $6.5O@8; ali
vealers strong to Csc higher. sheepNRee.,
ceipts, 8o00;. lambs active; strong to 15c
higher: aged sheep and feeding feed e. lambs
1915 upward; few best to small killers, $40
upward TO $3.50 and above; choice range
choice ouotable. 1926 and above.
CLEVELAND, Oct. 9.-Cattle-Receipts,
25O; steady; choice to prime steers. 1850
lbs lbs and up sil@l225 choice 75o-J1 yn
Calves Receipts, 500; soc lower prime
veals, s11G1f.50; choice veals $950M1O.
Sheep and lambsI-Receipts, 1000; stronger;
Receipts, 1900; 15c lower; 25o-3O0 lbs,
s90925: 22O-25O lbs, $3.50: l80-22O lbs,
$3.50; l5O-19O lbs, $3.50; pigs, 15o-l8O lbs,
s9G925.
s5fso vA AZ .s 92 s5s5S ss Sc sys
20o-220 lbs, SO Is: 2OO-225 lbs So; 220-240
lbs. ss85: 240-280 lbs. $685.; 100000 lbs,
s8.85; 3oO-s5o lbs. $685.: l5o-l6O lbs,
12o-130 lbs s975; 110-12o lbs. 8.45 100
ITO lbs, ss:25; roughs, So; stays, s6.25.
Lambs, s9.25.
LAFAYETTE. Oct 29.-Market. steady
to 1Oc lower: 170-225 lbs. s9.30@9 40 225-
275 lbs, se15M925; 275-325 lbs. s969.05:
14O-170 lbs. s9l5d9.30 120-l40 lbs, SO rs
az; 100-12o lbs. s825G8.50; roughs. $3.50
down. Calves, $40 down. Lambs, SO down.
by Times Special
LOUISVILLE. Oct 29-Cattle-Receipts.
800: supply light, quality plain, demand
fairly broad. Market generally steady on
all classes; early bulk common to medium
grade steers and heifers. s5.25d7.50
better finished offerings quotable up to
around SO. bulk grassy beef cows. s4.25G
SIS: practical top, S5.75; low cutters and
cutters s325d4; sausage bulls scarce.
ouotable mostly S5.25 down; stockers and
feeders slow. generally steady. Calves-Re-
ceipts $50. including so stock calves
vealers steady. bulk good to choice, sea
10; medium and lower grades. $50 down.
Hogs-Receipts. 400: market, SC lower; top
and bulk. 1so-240 lbs. $3.50; 1926 lbs.
SO; 300 lbs. up, $3.50: 160175 lbs. SO;
l4o-155 lbs, ssi5; l2o-l35 lbs. s7.20; sows,
s7l5. Sheep-Receipts, 100; lambs in light
supply, market generally steady. Most
better lambs, s8q8.50; choice quotable
higher, palmer grade lambs including
bucks. SIS .50G7.50; light culls down to 81.
Bulk fat ewes. $3.50 down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
LIFE OF VANDERBILT
TOLD IN NEW BOOK
Wall Street and Big Business Get
Look at Themselves.

1 tWtS SVtfiHt
NEW YORK, Oct. 29.-Wall Street
and big business can get a look
at themselves through the eyes of a
former banker, who once welded
vast power, in the vivid autobiog-
raphy of Frank A. Vanderlip, pub
liShed by the D. Appleton-Century
Co. Boyden Sparks elaborated in
the writing.
Most of the first part of the book
dealing with Mr. Vanderlip'S early
life was published serially in a week
ly magazine, but these chapters have
been augmented and a number of
others added to the book form of
publication.
Mr.. Vanderlip's tale gives the fla
vor of behind the scenes. In one
chapter he describes the operation
of the National City Bank when he
became its president. "Stillmans
money trap" was what Thomas w.
Lawson called the enterprise in 1901.
and the author admits that he was
afraid at first he would not be long
connected with it.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
CIGARET CONSUMPTION
BREAKS ALL RECORDS
Eight Months Total Sc Per Cent
Over Previous Peak Figure.

Tunes SpcciG!
NEW YORK, Oct. 29.-Cigaret
consumption for the first eight
months of 1885 was 11.6 per cent
above the 1929 period, and Sc per
cent above the same period of 1884
the peak year, during which 1876
Gil. 100000 cigaretS were consumed
according to a survey issued today
by Poor's Publishing Co.
In spite of higher production
levels for 1885" the survey contin-
ued, higher costs, largely account
ed for by processing taxes, have
precluded an Improvement in the
net earnings of cigaret manufac-
turers. The reduction in processing
taxes, which became effective Oct
!, is favorable TO improved last
quarter earnings and will aid sub
stantially in the betterment OF
earnings for 1886.
1T is estimated that the cigaret
industry has been paying a process
ing tax approaching the rate OF
$4,000 5000 a year. Although manu-
facturers have been unable to pass
any part of this tax along TO the
consumer, the full adverse effects
have been offset by increased con-
sumption"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
Produce Markets

The prices quoted below are paid for
stock gathered in the country, while, de-
iiyered in Indianapolis the price will be
! cent higher: Heavy. breed hens, Ice;
Leghorn breed hens. l2e; Springers, over
4ls lbs. l6c; under "A lbs, l5c; old
cocks. Sc; Leghorn broilerS ~ lbs; and
up i2c; Leghorn springers, l2c; ducks,
white lbs and up. &c, geese, full feath-
cred and fat. &C; old gulneaS l5c Young
guineas, Ia lbs. up. 25c No. l strictly
fresh eggs, loss of 26c; pullet eggs, lSc.
Each fun case must weigh So lbs. gross,
a deduction Of loo pound under s. lbs.
butterfat. No l. 25c: No. 2. CSC. Quoted
by the Wadley Co.
(By United Press
steady; receipts, $3.50 cases; fresh graded
ceipts. 25@27r.c; dirities goa 24i &C;
checks. lea22isc Butter-Market STEADY
receipts 1922 tubs; extra firsts 9o-9lia
27i4@27iac; extras 1927, 2sc; frsts Cst-
s9igl. 6isG27c; seconds (s6-s7lal. 25iac:
specials. 2sla q 2ec: standards. 27isc. Poul-
try-Market steady; receipts ! car, 80
trucks; ducks. l5Ml7 geese. l5i2c; spring
chickens, 1874 l9c hens. l7i362lc. turkeys,
l6m2 2c; Leghorn hens. la lac: old roost-
ers l5c Cheese-Twins. 1884 q Ice; Daisies,
I6izml6s4c: Longhorns l6i26l7c. Pota-
toes-Supply liberal; demand slow; mar
ket. firm. idaho Russell Burbanks, $3.50
Gl65; commercials, 81 30; U. S. No. ?.
si25dl.35. Wisconsin Round Whites 90
M95c. South Dakota Early Ohios. 75c.
North Dakota Cobblers. 95c6sl; Red River
Ohios, 921aG195c Minnesota Cobhlers, IS
@s0c. Colorado McClures, si.4o.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
new OFFERINGS
OF MUNICIPALS
PARED SHARPLY
Voters Resistance to Higher
Taxes Factor in Lower
Volume.
BY CHARLES III. HUFF
Times Special Writer

NEW YORK, oct. 29.-Unwilling-
ness of the majority of commune
ties in the United States to author
ize new borrowings for public I'M
provement purposes, largely because
OF already staggering tax burdens.
is serving to restrict the flow of new
offerings into the market for state
and municipal bonds. Borrowing
of strictly new money is running
considerably below the correspond
ing season of recent years. Such is
sues as are appearing are confined
almost entirely to relief and refund
ing.
Voters Are Watched
Many municipalities which. from
the standpoint of credit. are best IN
position to borrow favorablv are not
coming into the market for money
because of the growing rebellion
against tax burdens. The temper of
voters is regarded as unfavorable
IN most instances.
Inc recurring alarm about The
mounting Federal debt. and the
! prospect of higher governments
taxes in the years just ahead. have
developed much voter reaction to
new bond proposals for local prof.
ectS' according to reports from
various sections of the country.
Municipal bond houses report that
the supply of highest grade bonds in
the state and municipal classifca-
lions is relatively scarce for this
season of the year and just about
enough to meet the demand m
veStor interest runs high. it is stated.
IN the new issues as they arrive.
and the better issues are cleared out
quickly.
Volume Seen Small
The volume of new issues has not
come up to earlier expectations aud
a not particularly large volume is
now anticipated for the remainder
of the year.
Present yield rates are generally
expected to be maintained, unless
some unforeseen development arises.
Yields now are slightly more liberal
than at the years price peak, but
they represent a substantial stiffen-
ing because of the high abSorptive
power of the investment market. Of
fering to institutions the main out
let for idle funds, supplementary
to the government bond market,
municipals of good grade are as
Sured a ready reception.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
REC Reduces Loans.

The Reconstruction Finance Corp,
another huge credit agency, during
this period actually reduced its
loans to $1,455, 100000 from ST.
100000, but increased it's stock
ownership in banks.
The Home Owners Loan Corp.
extended it's obligations to $2,727,-
100000 from S1,352,00O; the Federal
Land Banks to $2,154 100000 from
ST, 100000 and the Federal Farm
Mortgage Corp to $755 100000 from
$478,O00,000.
Loans of the Commodity Credit
Corp. increased to $253,000,O00 from
$112,000,000 and those of the Public
Works Administration to $250,000,-
900 from $4,000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
BANK DEPOSIT
RISE NOT DUE
TO TRADE LIFT
Government Borrowing, Cold
Imports Chief Cause
of Development.
BY JOHN T. FLYNN
Times Special Writer

NEW YORK, Oct. 29-President
Roosevelt points to increased bank
deposits during his regime as an I'M
mistakable evidence of rising bust
ness prosperity.
Bank deposits have most certain
ly risen in the last two and half
years. Practically the sole source
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
SHEEP AND LAMBS
FRUITS AND VEGETABLES
by United ressl

tBV United ressl
CHICAGO; Oct. 290Appiles-Michigan
Mcintosh bushel. 75c4 81 Is. Carrots
Illinois, bushe 25n soc. Sweet potatoes
Tennessee. bushel 65G 75c. Beans
Louisiana. bushel: sI@1.75 cabbage-6o-
5o-lb: crates. 4 .na 5oe Peas.califoT MA
fornia Tugs, sld2 Spinach-ninois
hushel. asa SOC. Lettuce-Western crates,
dozen. s3.25M4. cucumbers@Louisiana,
crates. si25G15o Pear@Keifers, busheI
GOA 75c. Caulifower-Michigan crates, 81
G1.25.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
ORDERS UP SHARPLY

FWtS NDtCIuT
NEW YORK, Oct. 29.-Orders
booked by the Allis- Chalmers
Manufacturing Co. for the Septem-
Der quarter amounted to S11 ,534. 807
against S5.787, 662 in the same quar-
ter last year, it was reported today
For the first nine months orders
came to S28,569,914, against S16,367,-
500 last wear.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
LOAN CHARGE RAISED
New York Clearing House Lifts Levy
for Handling Banks Funds.
Times Special

TN CS NpeCtdt
NEW YORK, Oct. 29.-The New
York Clearing House Association
announces that member institutions
have lifted the service charge made
for handling funds in the loan
market for interior banks from 4
to y of per cent.
Although banks said that the ac-
ton was taken to close the gap be-
tween income and costs on the
service, it was thought in some
quarters that it might mean a
Tightening in the money market.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
BuSigrubhS

Paint sales respond well to gen.
eral economic improvement. During
the first eight months paint sales
topped the 1884 period by AS per
cent. Furthermore, from last April
and on sales each month exceeded
the monthly average of the last
seven years.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29

"a VIC IICl CdOC
has been govern
ment borrow i n G
and gold importa :,
t,ions. Neither Of
these was caused
by good business.
But how do gov
eminent loans in
crease deposits?
When the gov
eminent borroWs
a billion dollars
for relief purposes,
the bank does not
give it cash. In
stead the b ank
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
Wall St.
Hertz and Keeshin
Build Trucking
Empire.
by RALPH HENDERSHOT-
Iimrs Snecial Writer

NEW YORK, Oct 29-When
John Keeshin had grown to
manhood his father purchased a
truck for him and re went into the
trucking business. Today he is in
fair way to do one Of the big
gest jobs in transportation in the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
HODGES IN NEW POST

Tunes Special
CHICAGO, Oct 29.-Luther M.
Hodges has been appointed general
manager of the Carolina group of
mills in the Marshall Field & Co.
wholesale and manufacturing divi-
sion, it was announced today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
Gov.

Principal gains during this period
we're in the fields of home and farm
financing where government-guar-
anteed obligations of the credit
agencies were exchanged for home
and farm mortgages.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29

AdoC nan CeIlJuI J
He is being
assisted hnan-
cially by an
other Chicago
boy who rose
from the ranks
John Hertz
banker and in
dustrialist. Mr..
Keeshin con-
ceived the idea
that the truck
ing companies
and the rail-
r o a q s could
work together
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29

gives the government a credit on its
books for the amount of the loan.
Such a loan would be made from
q large number of banks. The gov
eminent would deliver to the bank
its share of the new bonds or notes;
the bank would make bookkeeping
entry setting up that the govern
ment is entitled to a deposit of SO
many dollars
No Money Received
After a loan, such entries would
be found in numerous banks every
where. The banks had received
bonds, but no money The govern
ment had received deposit credits,
but no money While nothing had
happened in or to business, deposits
in banks had actually increased by
the amount of the loan-a billion.
The Administration has made
loans of many billions since it got
under way. And those billions in
loans have resulted in increasing
bank deposits by billions.
OF course, the government draws
checks against these bank accounts.
But these checks do not cut down
the amount of bank deposits. They
cut down the amount of the gov
eminent deposits in the banks. But
the governments money drawn
from the bank is paid out in relief.
The relief workers spend it instant
ly in stores. The stores redeposit
it in the banks.
Possessed by Business
The money which began as a
government loan from a bank, and
became relief payment, is now
money in the possession of business
on deposit in the banks.
1t is true deposits of banks have
increased. But they have increased
not because of business, but because
Of government borrowing and spend
ing. Business may have benefited,
it is true. But the benefit has
flowed to business, not from bust
ness.
Copyright. 1885 NEA Service, Incl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
NEW BUSINESS BOOKS
AVAILABLE AT LIBRARY

The following new business
books are now available at the
business branch of the Indian
apolis Public Library:
HOW TO SPEND MONEY: EVERY
BODY'S PRACTICAL GUIDE TO
BUYING Thy Ruth Brindze)-
vice to consumers on how to buy
and how to get the best value for
their money.
THE STREET OF ADVENTURE (by
E. Jerome Dies)-"Some of the
towering personalities W h o S e
shadows have fallen across the
money lane, La Sale Street. Chi
cago."
MARKETING OF MANUFACTURED
GOODS (By \. II. Comish)-"Yes,
the department store is important.
but there are in addition the
speciality shops. the chain stores,
the mail order houses. the CO.
operatives, the sales agents and
the brokers'
FUNDAMENTALS OF ACCOUNTING
tby II. II. Wade)-A textbook de-
signed primarily for a survey
course.
LIFE INSURANCE (by ]. B. Mac
Lean. 4th Edition-AbnoTmal con-
oltlons and important developments
in life insurance contracts and in
the operation of the companies
made this revision Of q popular
volume necessary.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
Government Investment
in P1iUute Business Up,
Official Figures Reveal
Assets of Federal Agencies as Well as Out
standing Loans Increase to New High
Record, Compilation Discloses.


WAsHlNGTON Oct 2The government today found itself
still
substantial
activity
agencies well their outstanding loans had
although business activity estimated about 10 ahead of
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29

By United Press
WASHINGTON, Oct. 29-Government
expenses and receipts for the current ifs
cal year to Oct. &c as compared with a
year ago:
Expenses 81, $50. 449 6o6.54 $2,1o8. 92s, 2o8. SO
Receipts 1907, 295 ,048:29 1888, 474 100. 96
Deficit -. 1882, 1854 558.25 900, 448, 487. 81
Cash bal. 1,492, 244 160.16 1926, 702 ia. "A
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29

~LAIMS are made that the Serv-
~ ice to be offered will be cheaper
and faster than that now given by
the railroads. And it is held that
while the cooperation of the rail-
roads is desired, it is not essential.
The buik of the feright handled is
and will continue to be trade that the
railroads do not now enjoy. so it is
said. Some of it comes from COM
munities in which no railroad SerV-
ice is extended.
Several trucking companies have
been acquired by the Keeshin Motor
Express Co. in recent months, and
many more will be added # present
plans are carried out But the OBJ
ject of the purchases in most in
stances has been to acquire certifi-
Gates Of convenience rather than to
obtain additional equipment.
1t may be held desirable at some
later date to seek funds from the
public with which to carry out the
company'S plans, but at the present
time the concern is said to be we'll
supplied with cash.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29

DLANS are being carried on TO
~ embrace virtually the entire
United States, with the exception
of parts cf the South. Orders
have been placed with the Fruehauf
Trailer Co. for more trailers than it
can build in the next three months.
Hundreds of trucks also are on
order waiting delivery.
Railroad men throughout the
country have become interested in
the project. At first they were
afraid a serious competitor was
entering the field After they
learned of its cooperative fea-
lures they sought to purchase con-
troll of the enterprise. This offer
was declined.
But it can be stated authoritatively
that the railroads will be offered
the privilege of purchasing sub
Stantial stock interests in sub
salaries of the company which arc
to be created. Such subsidiaries,
according to present plans, will be
created in each state in which eX-
tensive service is given. More than
one railroad will be accorded the
right to buy into each subsidiary,
and the freight business allotted to
each such road will be determined
by the roads themselves.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29

to the advantage Of both by using
trucks and trailers in the move
ment of freight, the trucks pro-
viding the motive power on hauls
up to $50 miles and the trailers be-
carried on flat-topped railroad cars
Tor the long distances.
The Chicago truckman made a
deal with the Rock Island to test
out his theory 1t worked, and his
company is now paying the rail-
road approximately S1,000,OOO a
year for its share of the business
handled. Last summer Mr.. Hertz
became interested in his methods.
He threw in financial assistance,
and already the KeeShin Motor Ex
press Co. has estab lished network
OF trucking routes in half a dozen
or more states throughout the Mid
die West, as we'll as run through
Pennsylvania and New Jersey to
New York City.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
Another Business StrnU

Erening go1cns and hgher-priced mems clothing
arc IN greater demand than any time since 1880 accord
ing to report issued by the Chicago Association Of
Commerce..
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29
Chicago Grain Futures
LOCAL CASH MAaKET

City grain elevators are paying SO cents
for No, 2 soft wheat. Other grades on
theAr merits. Cash corn No. yellow n
eesHs and oats 81 cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-10-29

Aug. Sept.
1885 ~ l935
Mining ................ 100000 442 900
Manufacturing and
mechanical .......,.. 1924 900 1902 900
| Transportation ........ 100000 1,249 600
Trade ....... ............ 100000 1000 900
Domestic and personal
service ..-...... ..... 979 900 $40 900
Industry not specified. 483 900 All 600
Other industries H.. 296, 900 296 900
All industries 90 ..... 100000 100000
Allowances for new
workers since 1880
census 49,. .......... 1923. 900 1856 900
Total unemployed ... 1882, 900 9.466 600
~ This group includes agriculture, for
estry and fishing, public service and pro-
fessional service. The numbers given are
the unemployed workers in 1890, salts
factory data being unavailable from which
later changes in unemployment can be
computed
~ Industrial classification includes
3 .l88 900 listed as unemployed in census
of April 1890.
80 Revised.
Evening star., 1935-03-14

the Minister of Sweden, Mr.. W. Bos-
from, and Nine. Bostrom, as well
as many other prominent music
lovers living in the Capital City.
Well-known music lovers will also
occupy the boxes for the event, which
Is being given for the third successive
year under the auspices of the Co
lumbia College of Christian Education
of Washington, in cooperation with
leading church choirs of the city, with
Mr.. R. Deane Shure as chairman of
the musical program of the occasion
and with Mrs. Albert w. Volkmer.
Mrs. Florence Howard, Mr.. Justin
Lawrie, Mr.. William E. Braithwaite
and Mr.. George Ross as conductors.
Among those who will occupy boxes
on Tuesday night at the Willard are
Mr.. and Mrs. A. L. Baldwin. Mr. and
Mrs. Raymond S. Crist, Miss Caroline
Davis, Mr.. and Mrs. Irving L. Koch,
Mrs. Ethel H. Reed, Miss Elsie Wade
Stone. Mrs. Leo Tooley, Mr. and Mrs.
w. Hiram Wadleigh and Miss Kath-
crime Wilson.
Tickets and boxes are available at
the college. 1924 H street. and at the
E. F. Droop & Sons Co., 1900 G
street, for the greater convenience of
the public.
Mrs. Glen H. Draper entertained at
a bridge luncheon at her home in
Clarendon yesterday, when her guests
were Mrs. C. B. Emory, Mrs. Carl
Knight, Mrs. Michael Dove, Mrs. Leo
B. Taylor, Mrs. Carol Upperco, Mrs.
w. D. Kline and Mrs. John G. Turn
bull
This evening Mr. and Mrs. Draper
will be hosts at dinner when covers
Evening star., 1935-03-14
NUMBERS RACKET
KING INVESTIGATED
Cleveland Operator Said to
Gross 81, 300, 900 in Year
by "Higher-ups'" Aid.
BY the Associated Press.

BY the Associated Press.
CLEVELAND, March 14.-Cne col
ored operator of number games here
rolled up a gross income of 81 100000
last year, Assistant County Prosecutor
Charles McNamee said yesterday.
McNamee named Benny Mason as
the policy king. Mason appeared be-
fore the county grand jury for ques-
tioning about police charge that he
claimed protection from higher ups"
in the city government.
Masons records, the assistant pros
ecutor said, showed that he had three
policy games running day and night,
employed Is persons and had a weekly
pay roll of more than $500.
Before testifying in the grand jury
investigation Mason said his gross
annual income was S180,000. He said
his profits last year totaled $4,000.
Mason. whose policy game tickets
cost customers from l to 10 cents,
said he has no fear of income tax
charges because I pay my income
tax promptly"
He said that in addition to his 25
regular employees he has about 200
policy writers, each of whom deducts
a "a per cent commission before
turning in the proceeds of the sales.
I'm not the biggest operator,
either" Mason said.
The operator was brought before
the grand jury after a policeman
quoted Mason as saying: Il don't pay
any attention to cops like YOU l deal
with big shots" Mason denied max
ing the statement.