Abstract: An idicator for a vertically suspended file envelope includes an elongated body mountable on the file envelope and including a leg extending horizontally with respect to the envelope, a transparent projection extending from the free edge of the leg and over a part of the leg to define with the leg a label holder adapted to receive an elongated label therein. A plurality of markers are disposed in spaced location, each marker being movably mounted between a first position in which it covers a portion of the label and a second position in which that portion of the label is completely uncovered. The status of the file may be determined by the positions of the markers relative to the label.