The Press Democrat from Santa Rosa, California • 8

SANTA ROSA, CALIFORNIA- -THE PRESS DEMOCRAT, SUNDAY, FEBRUARY 29, 1948- -PAGE 8 Shosta's stuff, says the Red ukase, "smells" of western influence. Dmitri couldn't be writing numbers for cowboy crooners could he. FINANCIAL ROUNDUP WEDS AT 83 LAS CRUCES, N. M. (UP) Perry Duncan, 83, El Paso, and Ynes McGavist, 67, also of El Paso, were married here.

On By tha World. BfendfeM Chmpk GEORGE KOLTANOWSKJ Platoff brothers, the Makagonoff brothers, etc. The grandmaster, Dr. Milan Vidmar. professor at the Univer Thinking Refrigeration? We Offer Expert Installation and Repair on Dairy Equipment Frozen Food Cabinets i Walk-In Boxes Winery Equipment Home Appliances Insulation Expert Service and Repair PAYNE CORPORATION Refrigeration and Insulation Contractors 1652 Mendocino Ave.

Phone SANTA ROSA 1884 sity of Liubliana, has a great list 01 tnumpns to nis name mst the Barmen tournament, 1905). His son, Engineer Milan Vidmar has not achieved any outstanding successes yet, but he is seriously beginning to be a threat to his father. Here is a game played recently between the Vidmars in the Yugoslavian championship. White Engineer M. Vidmar Jr.

English opening. Black Dr. M. Vidmar. 1.

P-QB4. N-KB3 7. N-B3, P-QB4 8. P-N3, N-B3 9. B-N2.

Q-QB 2. N-OB3, P-K3 3. P-K4. I. J-Q4 4.

P-K5, "P-Q5 10. Q-K2. Qxwch 11. KxQ 5. PxN.

PxN 8. NPxP. PxP One would think it's going to be a draw, but the Vidmars are on the warpath! ll N-R4 23. R2-N1, P-R5 24. PxP.

R-Kl 25. QR-KB1. N-K2 26. K-K3, N-N3 12. P-Q3.

B-Q2 13. N-Q2. B-B3 14. N-K4. O-O-O 15.

R-KN1, B-K2 16. B-QR3. P-N3 17. N-Q2, BxB 18. RxB, N-B3 19.

R-Ql. P-B4 20. P-B4. B-B3 21. B-N2.

P-KR4! 22. N-B3. KR-N1 White resigns, 27. R-N3, BxRP 128. NxB.

RxN 129. B-Bl, RxRP (30. R-B2. RxPch 31. KxR, RxR 33.

R-R7, K-K2 Experience tri umphs over youth! More About Something New CHALLENGE TO CHESS PLAYERS by Fred Reinfeld; McKay The Challenge contains 300 diagram positions and lots of fun either as study or relaxation. THE BRIGHT SIDE OF CHESS by Irving Chernev; McKay This book may not help you win the club championship but if you are looking for real fun in chess (and a few good stories and games) then this book is highly recommendable. 0) Cj At the VANITY WITH MIRROR 1101 Beautiful FOR YOUR CONVENIENCE SOtiOTOtlE HEARING SERVICE WILL RETURN TO 729 FOURTH STREET ON MARCH 1 New Consultation Room See Our Small, Smooth Sonotone David F. Cooke, Mgr. io Pay MRS.

DRESSER mirror, 4 poster bed. Financial Review STOCKS NEW YORK. Feb. 88 (AP) The stock market recovered moderately to day after a more or less indefinite week and the sharpest monthly set back since last April. The Associated ou-stocK com posite was up .2 of a point at 61 and for the five days showed a net advance of one-tenth.

The drop for February was 2.8 points. Of 632 issues registering on the day. 353 rose, 121 feu, and 158 were unchanged. Dealings quickened at Intervals dur ing the brief proceedings. Transfers of 350,000 shares compared with 230,000 week ago which were among the smallest in four years.

It was the best Saturday aggregate since January 10. The week's five-day total was 3,092,296 shares against 3,770,300 for the pre ceding six sessions. The month volume was 16,801.286 shares, a minimum since last November and a low for any February since ia. Bonds steadied selectively. Grain futures moved upward.

In, the curb Kaiser-Frazer improved. Turnover here was 90,000 shares ver sus 70,000 the previous two-hour stretch. NEW YORK STOCK EXCHANGE Dow Jones Averages February 28 Open Close Adv. Ind 166.92 167.30 .50 R. 48.92 49.27 .44 Util 31.70 31.70 .05 Volume: shares Closing Pric Air Reduction 27 35'4 39 13 2734 49 'i 150 29 323, 12 1214 27 31 10'i 37'i, 22a 414 55 13 30 363J 57s 325a 52 '2 22 "2 5134 3734 102 153i 838 16 'a 4958 15T8 18V8 211 4 127a Allied Stores Allis Chalmers Amre.

Car Fdry. Am. Radiator Am. Rolling Mill Am. Smelting Ref.

Am. Steel Foundries Am. Tel. Tel. Am.

Woolen Anaconda Armour Baldwin Loco Bendix Aviation Bethlehem Steel Canadian Pacific Case. J. I Celanese Chesapeake Ohio Chrysler Colo. Fuel Iron Com. Southern Consolidated Edison Crane Deere Farnsworth General Electric General Motors Glidden Goodrich, B.

F. Graham Paige Gt. Northern Pfd. Greyhound Hudson Kaiser-Frazer (a) Loews Montgomery Ward jviasn Keiv National Distillers National Supply N. Y.

Central Ohio Oil P. G. E. 31 'i Rites 1732 Packard 4Va Perm. R.

R. Phelps Dodge Radio Corp. Richfield Oil St. Jos. Lead Sears Roebuck Sinclair Oil Socony Vacuum Southern Pacific Southern Ry Std.

Oil of Cal. Std. Oil of Ind. Studebaker Sunray Oil J.O-4 41 10,4 413.8 3334 16 15 47 a 36i 4 57 37 17 IOV4 53 10 19 25 69 "4 26 55 Texas Co. Transamerica 20th Cent.

Fox United Aircraft U. S. Steel Westing. Elec Woolworth (a) New York Curb MISCHIEF WILL, OUT WALTHAM, Mass. (UP) Being In his mother's arms is no guarantee that a boy will stay out of trouble.

A four-year-old boy being held by his mother reached over her shoulder and turned In a false fire alarm while she was talking to a friend. Indianapolis, we read, has the hardest water of any American city. We thought it was Nome, Alaska, where most of it is in the form of ice. CAN YOU SOLVE THIS? Problem No. 22 vn 1 T'- 1 ft i ii fa (Dedicated to our friends, the Tom Shoemakers.) White to play and mate in two moves.

To the problem solvers: Next week the list will be published of the standings and the winners for the month of February. We would like to tell new solvers for each problem correctly solved, each contestant receives one point. Each month the top four solvers receive a chess book each as a prize, but lose their points. They can continue at the bottom of the ladder and when they reach the top again they are again eligible for a book prize! World's Championship Dr. Euwe thinks BoUinik will win the championship of the world with Keres a good second.

The participation of Fine in the world's championship was the only doubtful entrant. Qutside of the six contenders, Euwe believes that the best players of the world are Naidorf, Stahlberg, Boleslav ski, Tartakower, Szabo, O'Kelly, Kashdan, Book, Pachman. The Two Vidmars In chess like in many other arts child does not always inherit the talents of his parents." There are naturally exceptions the Hungarian Steiner family, the Swiss Henneberger family, the Yugoslav Vidmar family, in Russia the Kubbel brothers, the WATER HEATER Give longer, more economical service. Exclusive Radio Valve provides 100 safety, fully automatic control ve9. U.S.

fat. Off. DONT'S PLUMBING CO. 463 Sebastopol Ave. Phone 1618 1 1 MODEL WITH THE As to the soundness of bank loans, the soundness of any debt depends on the ability of the debtor to repay, which In turn is dependent upon the value of the debtor's assets and the relative size of his earnings.

In 1920 total deposits and currency amounted to $40 billion, total loans to $31 billion, a ratio of 77.5. in 1929 total deposits and currency amounted to $55 billion, total loan to $42 billion, a ratio of 76.4; in 1947, however, total deposits and currency amounted to $170. billion, total loans to $43 billion, a ration of only 25.3. Furthermore, in 1920. loans represented 44.3 per cent of gross national production; in 1929, 48.3 per cent; and in 1947 only 21.2 per cent.

If in 1920 and in 1929 loans were considered to be at a danger point, the above figures should certainly give reassurance as far as conditions at present are concerned. An indication as to whether or not stocks are high or low may be gained from the yield presently obtainable from well known stocks at present prices and cur rent dividends as shown below: Issue Acme Steel Am. Tel. Tel Top. S.

F. Bendi3.Aviatkn Bethlehem Steel Borg-Warner Chrysler Crane Flintkote Yield 8.2 6.0 6.7 7.4 7.5 8.9 7.3 8.6 6.1 8.3 6.9 7.7 8.9 7.9 6.2 9.7 6.4 6.9 Glidden Inland Steel Int. Nickel Ken. Capper May Dept. Stores P.

G. Dodge Pullman Std. Oil of Calif. Un. Oil of Cal.

6.4 U. S. Steel 7.1 Postwar Skids Certain for U.S., Economist Says SAN FRANCISCO, Feb. 28 (AP) The country is "definitely head ing into a post-war depression, says Dr. Ira B.

Cross, economist at the University of California. "When it will come or how serious it will be no one can tell," Cross told the Commonwealth Club of California in an address, Trices are going down and no one can stop them. How far they win go a own no one Knows. Cross listed as danger signals: Increase in the number of loans on life insurance policies. Greatly enlarged inventories.

An uptrend in business failures. The Increased number life Insurance policies allowed to lapse. Cross aid government purchas es have been largely responsible for high grain prices and not speculation. The first move to combat inflation, Cross said, should be discon tinuance of government support of agricultural prices. It will not be done, he added, because "this is an election year." Cross doubted that efforts to de crease bank loans, allocate scarce materials or raise interest rates would help control inflation.

San Francisco's birthrate reach ed a new high in 1947, when 751 births were registered. 1 mvm i AT PEDERSEN'S Mahogany Period Design By PAUL H. BROWN During the past week the course oi the stock marKet was desultory indeed and the volume was extremely small. For tne week the Dow Jones Industrial Average closed at 167.30, off the Rail Average closed at 49.27, up and the Utility Average closed at 31.70. off .05.

Among the factors undoubted ly leading to a decline in agri cultural prices and a somewhat lower rate of business activity has been the operation of restric-tice credit policies on the part of the federal government. Recent banking figures make it clear that the treasury is using its pow ers in the most deflationary man ner possible. The deposits which have been transferred from private hands to the federal government in payment of income taxes have not been left on deposit to the treasury account either with the commercial or Federal Reserve banks but have been' largely used to retire short term securities held by the Federal Reserve banks and have thus contracted the credit base. The power of the treasury department to effect this contraction is at its maximum during the period embracing the January 15 and March 15 tax payment dates and diminishes sharply thereafter. An offsetting factor has been the con tinued acquisition of gold, and the purchase of government bonds in pursuance of the policy to maintain the 2 per cent rate on long term governments.

In spite of a determined effort it would appear that the govern ment cannot maintain a dimin i 1 ibnea money supply for any lengtn or time. GO) DEN BEAR lee VALLEJO, Feb. 28 (AP) The training ship Golden Bear is "right on schedule" on its goodwill mission to Europe. The ship sailed from Gibraltar today en route to Marseille. Captain R.

M. G. Swany notified Commodore Russell M. Ihrig, commandant of the California State Maritime Academy here, that it would reach the French port, on March 2. Swany reported the cadet crew in "good shape." The Golden Bear is carrying food and clothing donations from California to France, Greece and Italy in place of its scheduled training cruise to South America.

The cablegram irom Swany made no mention of the seaman transferred at sea from an American merchant ship for an emerg ency appendectomy aboard the Gelden Bear. The seaman, not identified, was to have left the ship at Gibraltar. Local Air Traffic Exhibits Increase Southwest Airways' January passenger traffic out of Sonoma County Airport showed an increase of 43 per cent over that, of last February, Del Marsh, local station manager, announced yesterday. February, 1947, was the first month of the station's operation. Air mail and express also joined the upward trend with a definite increase being noted in the numbers of each.

The Colorado river and its tributaries drain an area of about 225,000 square miles. RESTAURANT PRICES from $189.50 to $989.00 UP TO $120.00 ON SOME MODELS Price You Can Afford MR. AND Library Expansion Now Being Studied SACRAMENTO, Feb. 28 (WNS) Whether or not libraries schould extend their services to Include recorded music, non-commercial radio scripts, transcriptions, and television reception is a question under study by Dr. Robert Leigh, former director of the University of Chicago's freedom of the press.

Dr. Leigh is in Sacramento making a study of the California State Library in connection with a two-year survey of the nation's libraries for the Social Science Research Council under a $175,000 grant from the Carnegie Corporation of New York. 03 A Gil A 11 A WORLD FAITH The human heart has been ordained to live in a divinely-created world of love and truth. Entrance to that heavenly world Is not by death of the body but by re-direction of the powers of the soul. Each man can attain peace and assurance as he turns to the revealed Word.

"God's purpose in sending1 His Prophets," the Baha'i sacred writings affirm, "is twofold. The first is to liberate the children of men from the darkness of ignorance and guide them to the light of true understanding. "The second is to insure the peace and tranquillity of mankind, and provide all the means by which they can be established." Literature tent Jree on requttL Santa Rosa Baha'i Group 920 Orchard Street HARDWARE 1 Electrical Supplies Plumbing Material Dutch Boy Paints Complete Stock of Lumber and Building Material. Dlili-IOIID HUTCH CO. 375 Sebastopol Road Phone 4520 mm DfMTC IVVIJ ONLY wj pi mm JUST like your grandmother used to grow ueors ago.

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lLr This dynamically dif- 1') ferent comic strip will frjAjg jnZ A Pg3 jLJ appear every Thursday "vZys Ls2 Lf i and Sunday to bring i Bf i I you logic and laughter ffl VyOj aIpj 1 1 Rw and a poetic re- If N. 'r JLy llww A' minder 'IT PAYS ffc 7113071 ygJ CtW TO DEAL AT I0M v'yl 1 if, 1 1 mzfa mmghA ii -fffiWi (L Em fji -it. -Ljliul Choose just the pieces you need to make up a bedroom suite that fits your own individual requirements! CONVENIENT TERMS ARRANGED RHYMES OF REASON begins next Thursday and will appear within our regular advertisement. We take great pleasure in bringing; this national cartoon feature to Sonoma Connty. Look I Compare! Decide for Yourself! Time Payment Plan fetters 00.

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