The Mason City Globe-Gazette from Mason City, Iowa on January 16, 1943 · Page 12
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January 16, 1943

The Mason City Globe-Gazette from Mason City, Iowa · Page 12

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Saturday, January 16, 1943
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12 . ^««s*!^ SATURDAY, JANUARY 16, 1943 Hogs5 Off, 25 Up in Week PRICES STEADY MASON CITY GLOBE-GAZETTE FOR SATURDAY Uneven Trends Are Observed for Week CHICAGO, (fP)--Livestock prices were steady Saturday after a week of irregular fluctuations in various branches of the trade due to changing supply conditions. Not enough animals were put up for sale to test values accurately but hogs were quoted on a steady basis with Friday, when average price was $14.64 per hundredweight compared with $14.67 a week ago and 511.29 a year ago. Quotable top was $14.90. Supplies were about the same as received during the previous week. Hog arrivals increased after midweek and the early gains were lost, being replaced with moderate losses. A reverse situation was true in the case of sheep and western fat lambs topped at $16.15, new January top for the past 14 years. Local demand for cattle diminished. (U. S. DEPT-. AGR.)--Salable hogs 500; total 9,000; no thorough test of market conditions because of limited supply; undertone around steady, with few head light and mediumweight hogs S14.7E down; shippers took 300; compared week ago; good and choice barrows and gilts 5-15c lower; sows 40C Ibs. down I5-25c higher others steady to 5e up. Salable cattle 100; calves none compared Friday last week: Fee steers and yearlings steady to 25c lower, only choice grades holding steady: very uneven market, closed active, with eastern order buyers taking-bulk crop; largely steer run, with medium to strictly good · grades predominating; bulk SI3.75- 15; extreme top $16.65, paid for 1231-1431 Ib. averages; yearlings S16.50; light yearling steers $15.85; heifer yearlings $15.60; mixed steers and heifers $16; lieifers steady on all grades; beef cows 25-50c lower; canners and cutters weak to 25c off; bulls 50c to SI lower; vealers strong at $14-1J; heavy sausage bulls r e c e n t l y bringing $14.40 closed at $13.75 down; cutter cows mostly $9.50 down, dropping to $9.25 on late rounds; canners $7.25-8.25; steer and yearling crop carried numerous loads with quality but lacking high finish; warmed-up and short- fed descriptions predominated in heifer supply; supply bulls all weights excessive on late rounds; stock cattle weak to 25c lower- very slow at 11.25-13 mostly. Salable sheep 500; total 1.500; compared Friday last week: Early losses fully recovered and fat lambs closing 5-15c higher; sheep fully steady: good fo choice wooied lambs $15.50-16; top $16.15, new high for January for fourteen year period; best natives $1S, others $15.85 and under; week's top yearlings $14.75 early, later trade mostly $13-15.25; fed clipped lambs with No. 1 and 2 skins SI 515.50, top $15.65 with fall shorn pelts; bulk good to strictly choice slaughter ewes S7.75-S.85. Local Livestock HOGS MASON CITY--For Saturday Five to JO. cents higher. Good light lights 140.150 S!2 65 Good light llfhls 150.1GO SIS 15 Good light lights 160-170 S1.T.G5 Good llsht lights no-lEQ S14 1 Good Heht nails Good light butchers . Good me. \vt. butchers Good me. wt. hutchers Good me. \vt. butchers Good me. wt. butchers Good me. iv-t. butchers . 200-120 S1450 ... . ... .T.TO-^50 SH 4f Good packing sows 270-3011 SHIS Good SOOT .TO-.TM 514 15 330-360 S14.15 360-40(1 SUMS 40fM50 SU.OS 430-500 514.03 Good soxvs Good sows Good sov.-s Good SOH-S Midwest Livestock (SATURDAY'S PRICES) Trend Good Butchers- Albert Lea- Minn. 5e-higher · · « . $12 50-12 55 -J-160 Ihs. .'.'...'.".'..,., «tt!ttM2.'s5 160-170 Ibs $13.30-13.35 IbS S13.90-13.95 ------- !!»· S14.15-14.20 200-220 Ibs SH.30-H.33 "- --- -- SH.SO-14'35 2.0-300 Ibs. S14.30-H.35 300-330 Ibs $1430-1435 330-360 Ibs. S14.20-14:25 Good Packing Sows-270-300 Ibs S13.90-13.S5 300-330 Ibs $13.90-13.95 330-360 Ibs ,. 513.90-1395 200-400 Ibs. SI3.80-1385 400-450 Ibs $13.70-13.75 450-500 Ibs S13.60-13.65 500-550 Ibs S13.SO-13.55 Austin Minn S 12.25-12.5 5 S12.70-13.00 513.00-13.30 S13.30-13.60 S13.75-14.05 513.95-14.25 $13.93-14,25 $13.95-14.15 $13 .95 -14.25 S13.93-14.25 S13.83-14.15 $13.63-13.93 $13.65-13.95 $13.65-13,95 $13.55-13.85 $13.45-13.75 $13.45-13.75 Waterloo S13.55-13.70 $13.95-14.10 $14.20-14.35 S 14.35-14.50 $14.35-14.50 $14.35-14.50 $14.35-14.50 $14.25-14.40 $11.15-14.30 $14.00-14.15 $14.00-14.15 $14.00-14.15 $13.90-14.05 $13.90-14,05 $13.50-14.05 Cedar Kapida S13.65-13.70 $14.00-14.10 $14.30-14,40 $14.40-14.50 $14,40-14.50 S14.4Q-14.50 $14.40-14.50 $14.40-14.50 514.30-14.40 $14.10-14.20 $14.10-14.20 $14.10-14.20 514.00-14.10 $13.90-14.00 $13.80-13.90 ·IGood to choice nogs, less than normal fill,'delivered to Wilson plant et Albert Lea. will bring 5-15c over forenoing quotations.) LIVESTOCK FOBECAST CHICAGO, (jet-- Unofficial estimated receipts of livestock tor Monday: Hozs 35.000; cattle 15,000; sheep 10,000. Stock List NEW XOBK STOCKS (By The Associate! Press) FinU Quotations for Saturday Am Cm 75V. Mont Ward Am Ha It St S 6:i Nash Kelv Am Tel T 133T. Nat Dai Prod Am Too B 47 N Y Central Anaconda 25^i Pennev At T t S F 48V. Eendix Aviat 35 Beth Steel 58? i 16V» 82% 70 IGi Boeing Airpl Case Chrysler Con Edison ,, Com Products 54T't Curt Wright Deere Co Cen EJec Gen Foods Gen Mot Goodrich Goodyear 2G} 1U Cent . 8V Int Harvest 53 Int T T 71! Kenr.ecott 30}; Kresgo 20 V, 45 Perm R R Phillips Pet Radio Sears Roeb Eocony Vac Std Brands Std Oil Ind Std Oil N J Studebaker Swift Co Texas Co .,,, Unit-Air Lines 1911 Ual Air Corp United Drug 8Vi U S Gypsum «t% U S Rubber 2SV4 IT S Steel West Un Tel Wilson Co WooHvorth 24*1 · «y ? u'' s 28ii 47 0! 23 i. 4M4 BUYING GIVES GRAINS UPTURNS Prices Gain Fractions to Cent a Bushel CHICAGO, (JP)--Renewed buying extended the grain market recovery Saturday, gains in all pits ranging from fractions to about a cent a bushel, with oats at new n'ghs for the season. Late profit :aMng eliminated most of the upturn in corn and rye, however. Expanded militax-y and lend- ease purchases of flour recently, sales of wheat to Mexico totalin" 3,000,000 bushels involving a government subsidy payment and continued brisk shipping business .n corn were strengthening factors in the market. Wheat closed V* to % cent ngner than Friday, May jl.40 to S1AO%, July $1.39% to $1.39%;! corn \' s cent off to % cent up, May Vj to 98%, July 98^; oats % to cent higher; rye unchanged to Vi cent up; soybeans unchanged to i; cent lower. RESISTANCE TO RALLY IS MET Recently Buoyant Issues Gain Little NEW YORK, (P)--Resistance to the stock market's forward drive developed Saturday, and, while favorites continued to edge higher, many recently buoyant leaders made little if any headway. Prices were best at an active opening in which sizable blocks o] low and medium priced issues crowded the ticker tape. Activity slackened later but the turnover of around 500,000 shares was one of the largest for a Saturday in the jpast several months. Near- closing trends were a trifle mixed with plus marks having a shade the advantage. The fact that the list, on average, had touched peak levels for more than a year in the two previous sessions opparently inspired profit taking. The opinion was expressed that perhaps the run-up on Friday on the biggest turnover since Dec. 31, last, called for at least temporary correction. Investor purchasing of dividend payers as a means of offsetting heavy income tax demands again provided a prop for individual issues. The war news still was viewed as bullish market wise, especially for equities with a peace rating. Produce (Merchant Quotations) (Cash Quotations by E. G. Morse) MASON CITY--For Saturday ·ggs, current receipts 32c Capons, B Ibs. and up 30c rleavy springs. 5 Ibs. and up. .24c Eleavy springs. 4 to 5 ibs......22c Heavy springs. 3 to 4 Ibs. 2Dc ^eghnrn springs I7c rleavy hens, 5 Ibs. and over..22" iens, 4-5 Ibs 20c teas, under 4 Ibs 17 C Cocks. heavV 13c Cocks, Leghorns He All No. 2 Poultry 4 cents less -ggs, CHICAGO CAS11 QRAIJJ (Saturday Market) CHICAGO. TO--Cash wheat, no sales reported. Corn No. 2 yellow Sl.Ol'.i; No 3 " a .ic; No. 4. 93i-95ic; No. 5, 90-9"»lc ' Oats No. 1 white 2Wic; No 2 G^c Barley malting 05-1.04 nom; feed 70-Bac nom. Field seed unchanged. Mason City Grain MASON CITY--For Saturday No. 2 shelled corn sic in cash - 29-32c in trade 30-32C Sutler, Iowa State Brand 5lc Sutler, Corn Country 50c Sutler, Decker's lowana . 50c Butler, Brnokfield 50c iu -^-iu a L3.nu * '0-140 S14.50 No. 2 new oats .... sir --24n.270S14.50 New ear cnrn · Ei C .. 27D..100 514.5(1 ,, V t 74C £14.50 " o - 2 soybeans $1 yi ·*··" Barley 5Q-75c CATTl.rt MASON CITY--For Saturday Cnolce to orlm* steers SI-XSO-H.50 Good to choice stem SIJ.5D-13.5o Medium to rood steer. Jlt.sn-I2.5(] Fair to medium cteen SlO.00-11 50 Plain to fair steer, s goo-io.no Cnoie* to prin*.# yrlg. cteers SI3SO-14SD Good to choice nle. stem tizso-ia.sn Medium to good yearllnn .. Slt.5fM2.SO Fair to medium vearlins Common to fair vearltnra Choice to ortrnt heifers, tbs. down WHEAT-- ^j ay 'July '.'.'.'.'. Medium to Eood heifr Plain to fair heifers . Common . . . Sid tin-11 so . s 8.00-10 00 8M jja 00-14 00 SI200-1S.OO . 51100-1203 SlO.00-11 SO S 8.00-10.00 -, , . ------ - ........ * o.uij-iu.uu Goo* (o choice cows, dry fed sio.oo-ll.oo Medium to fair cows ........ s 9.00- 9 .SO Fair to medium co^-s ........ S H.50- 9.00 Cutters, heavy ............... S 7.25- 7 75 Cutters. IlBht ................ S 6.10- 7 0 0 Canners. heavy .............. S 5.50- 6.00 Carmerr. llRht ............... S 5 . 00 . SJio Fancy select calces ......... S l O - l s . r . o Calves, jtood (o choice. 130-150 *n 60-12.50 w ves. fair to good. MO-190 S o OO-ll on Cajvej. common to fair ...... s 8.00- 8.00 Cilves. cull ............... ... , tol) ,j. wn SHEET , , MASON CITY-- For Saturdav |»rln e lambs, gooo to choice SI. 1.25-14,23 tonnng Iambs, medium lo cood H2.C1-13 00 srjrtnz lambs, ecod to fair HO.50-ll.iO iprlni; lambs, fair 10 medium S 9.00-10.00 ferine lamhs. common ... s son- 700 Natlv. ewes, tood to chole*.. s 175- J.7S Ewes, cull ............ « »p Rites Conducted for Mrs. Julia McCord HAMPTON --Mrs. Julia McCord, 83, died Wednesday at the liome of her son, I. C. McCord of Albert Lea, Minn. She was a lifelong resident of Franklin county, the daughter of James and Mary Scott. Surviving are her son, a daughter, Mrs. O. T. Nolte of Canton, Minn., and two sisters, Mrs. R W Kugler and Mrs. I. T. Dean of Hampton. Her husband and three Eons preceded her in death. Funeral services were held Friday afternoon in the Johnson funeral home and at the Methodist church with the Rev. \V. C. Cleworth in charge. CHICAGO GRAIN CLOSE (Saturday .Market CHICAGO High tow 1.40V. -- 1.40 Sept 140 7 « CORN-- ' * Ia y 98;i July js Sept. .591:, Dec OATS-- »'"«· =3K July 551; ScP'. ... ... .58!i SOYBEANS-May RYE-May 70s'. ,9av .93! i Close 1.40-wy. .53-53!i .53 Juls- Sept LARD-Jan .SHI Fiancee of One of 5 Missing Brothers Arrives in Waterloo WATERLOO, (JP)--"Everything I ever hoped to have went down with that ship," said pretty Miss Margaret Jaros, 23, fiancee of Joseph Sullivan, 24. one of the five sons of Mr. and Mrs. Thomas Sullivan, who are reported missing in the service of the U. S. navy. _M:ss Jaros arrived last midnight, coming from Pittsburgh, Pa., to console Mrs. Sullivan. Hazel eyed and demure, Miss Jaros told how she had met Jo,, a newspaper ^ lure, and of the plans they had made to be married. "I still have slim hope," she said, "because Joe always sold he would come back. He said no Jap could ever keep him from it." Miss Jaros works for the Keystone Box company in Pittsburgh. She has two brothers in the armed forces. MRS. CRAWFORD DIES EW YORK, (fP -- Mrs. Jesse Crawford, 43, song writer and organist, who with her husband country died Friday. Among th songs she wrote was "So Blue." NEW VOBK PRODUCE (Saturday Markrts) NEW YORK, (J)--Produce and provision pnccs steady and unchanged. CHICAGO PEOUUCE (Saturday Market) CHICAGO. W--Butter: Receipts -'5- fcO; firm. Prices as quoted by the Chicago price current are unchanged. EXES: Receipts S.SSa; weak. Prlc changed- cs im- CHICAGO POTATOES (Salurdij- Mint!) CHICAGO. W)-- IU. S. Dept. A£T.)-Po- tatoes, arrivals "3; on track 167; total U S. shipments 9C2: old stock: Supplies ratli- cr light, demand moderate, for oest quality northern stock market firm; for Idaho Russets market about steady, for other western stock market steady; new stock: Supplies light, demand moderate, market slightly stronger; Idaho Russcl Burbanfci FT 4' No -., 1 ' ^-M-S.O-ii: Colorado Red Slcclures U. S. No. i. 52.95: Wyoming Bliss Triumphs U. S. No. 1. S3: Minnesota and North Dakota Bliss Triumphs Commercials S2.IO-45: Cobblers Commercials $2.20-25; Florida Bliss Triumphs U. S. No I, 52.G5-70 per bushel. James Francis Black . Funeral Service Held ALGONA -- Funeral services were held Friday afternoon at 2 o'clock for James Francis Black, prominent farmer of Irvington township, at the Methodist church here. The Rev. Nelson Price conducted the services. James Black was born in Irvington township Oct. 12, 1881 Ihe son of Hugh and Harriet Black, Kossuth county pioneers. He attended the rural schools as well as the Algona high school. He was married on June 10. 1908, :o Miss Belle C. Smith of Greenwood township. His wife and six children survive him; Hugh, at home; Mrs. Adolph Girres, Wesley; Mrs. George Klain. Algona; Lucille, San Antonio, Texas; L,t. Paul A., aviation cadet center, San Antonio, Texas; Mrs. Douglas G. Eraser, now a Red Cross nurse serving in London, England. A Brother, Paul, and a sister, Mrs. £dna M. Smith, both of Algona, and five grandchildren also sur- "ive. , , n c surveys o e p e gov- plajed in theaters throughout the ernment. run food rationing ac- country died Friday. Among the cordin to te SCOTT COUNTY SURVEY W A S H I N G T O N . (/P)--Scott :ounty, Iowa, housewives will help :he government determine what tind of food, especially canned, Jried or frozen, the people are eating. The Iowa county was one of many selected throughout the country by the OPA in which to conduct surveys to help the gov- rording to the lousekeeping. facts of actual SPORTS ROUNDUP By HUGH FULttRTQN NE\V YORK, W--The Dodgers are going north for spring training at Bear Mountain, and we can't v/ait to see if anyone will uphold the Brooklyn traditions by trying the ski jump--with or without snow ... At that," Branch Rickey seems to have pulled one out of the hat by getting the use cf the West Point fjeldhouse for bad weather training. All the local clubs had their eyes on it but figured there wasn't a chance of getting onto a military reservation ... Eddie Gordon, the old Iowa and Olympic broad jumper, starts his 19th season of competition Saturday carrying the colors of the Grand Street Boys, association. Muts be about time for him to switch to the grand old boys. Today's Guest Slat- Will Connolly, San Francisco Chronicle: "Boxing, highly recommended by the jnilitary in this day, is good for the campus lads-more than any other sport we can name, including football. What this country needs is a few bloody noses. A bloody nose either frightens a man to death or makes him sore as hell, depending upon the man." Scrap Collection Pete Owens, the Texas speedster, was turned down by the army, so he's working in a Dallas airplane plant and still is available for occasional track meets . . . When California Jackie Wilson started fighting as a pro, Chalky Wright was his trainer. Wilson says he learned most of what he knows about fighting from Chalky and Henry Armstrong But Wright insists: "There wasn't much I could teach that guy" .... Prexy Bill Veeck of the Milwaukee Brewers has made a few concessions to Wisconsin winters--heavy boots, sheepskin-lined overshoes, a muffler and even a wooly cap- but he sticks to sport shirts and claims the cap is "just to wear on the farm." Kelly's Sub Gene Pinter of the New Brans wick, N. J., home news passes along his story of Jim Moore and Jack Kelly, who used to be basketball teammates at St. Peter's high school .' Moore was the sub whose task was to relieve Kelly for a rest a couple times each game . . . Kelly joined the coast guard after leaving school and was aboard the transport Wakefield when it burned at sea ... He had to leap overboard and for several hours he swam around waiting for a rescue boat to come near . . . Kelly was almost exhausted when a boat from a cruiser drew near and a sailor jumped into the water bo help him ... As a pair of strong arms supported him, Kelly heard a voice ask, "XVho's substituting now?" . . . Jack'had just about enough breath left to reply "Moore for Kelly." Joice Beats Kensett :or Second Straight JOICE --The Joice basketball team won its second straight game here, defeating Kensett, 3228. It was an uphill grind for the locals, who trailed intermission. 16-9 at the sextet. The boys fared little better than the girls, dropping behind at the start to trail 21-12 at half time. Bruce Clifford was high point man of either team with 16 markers. Kingery made 13 for Marble Rock. A V-Home refuses to spread Axis nimors. "Don't be on unwitting Nati osenj-, 1 ' caution* OCD. "If it's a jectef, k«p it; if it's a tumor, dill it!" Refusal to spread Axis propaganda is one of fiye qualifications of a V-Hom«. Vour Air Raid Warden or BlocV Leader will tell you about the other four. Make yours a V-Homel Hoover Outlines Activities of Allies Behind Fronts; Thinks IL S. Could Do Better (This is the fourth in 2 series of articles by Mr. Hoover.) HERBERT HOOVER W HEN Russia was invaded she dropped the mental gar- merits of communist internationalism and took on the fighting armor of nationalism. The Russian people rose as of old to defend the soil of Holy Russia. She still holds fast, after the loss of Probably 5,000 000 soldiers, 70,000,000 of her populationrwith a considerable nart of her inrliish-ipc*-- -- _ _ a siderable part of her and, food sources. It is a magnificent defense by a people of ..ni.·_:*._j ._ _ » . ·. " _ I mlicent defense by a people of ?i udle - «er mausiries are turn- unlimited courage. And now «he i ng out Proportionately more ma- bids fair not termls than ours. only fair not to hold her segment of the ring but to even strike telling b l o w s. From her un- t a p p e d manpower and her vast h i n t e r- lands, she will still be formidable in 1943. Russia w i l l s u f f e r greatly on the homa Herbert Hoover front. But with the spirit of nationalism reawakened, with the furious hates against an enemy mrious nates against an enemy - . °---- "~ "*-J«=A»* icm- on her own soil cruelly butcher- ls P nere is now possible against ing her people, she will keen aae 5uate land-based planes and John Kittleson's 17 points paced the Joice team, while Nodzedt gathered 9 for Kensett. Last week Joice beat Fertile, 29-27. Marble Rock Fives Trip Nora Springs NORA SPRINGS -- M a r b l e Hock's visiting cagers swept two games from the Nora Springs iJ!e ualue OI cntam was the gtrls and boys basketball teams greatest home-front battle of his- here, 21-17 and 41-30, respective- tory. They won by the greatest , T , . ,,. , display of organization, magnifi- Nash tallied 10 points for cent courage and fortitude on the ing her people, she will keep fighting. But she will need help in food, clothing and arms. * * * I have lived in China in yean gone by. It is only* in the last 25 years that she has developed a national spirit of independence. That spirit has been fircely inflamed by ihe invasion of her soil and barbaric treatment of her people. ¥ * * The living standards of the great mass of Chinese are always at bare subsistence level. Famine is the experience of every Chinese village. At present she cannot be reached with much- needed supplies of food or arms. Yet she holds half of her hinter- and from the Japanese. When we try to assess China's jpirit, we must remember that Viatic peoples are less sensitive :o death and more stoic to misery :han the western people. The spiritual strength of their home Eront seems strong, but every possible help must be given to lessen her sufferings. For three years the British have made magnificent defensive war. They have lost many battles on the military front. Yet, with a nucleus of 65,000,000 white population, they have held their empire of a half a billion peonle intact except for Burma, Malaya and the Chinese cities. The battle of Britain was the C . . -- , -.^* _ V . . T ^.wu*»^v Ul»Ul *WI L-IL^AVIC Ull LUG Marble Roclc, xvhile Marcella part of a civilian population that Jefirie notched 7 for the local has ever been witnessed * * * The people on the home front in Britain are the great heroes of this war. Despite air destruction they have reached the highest point in their industrial production. * * * _ ,,, _ In a military way the British Buy War Savings Bonds and Isles are now apparently safe Stamps from your Globe-Gazette from invasion by land. German ^rri,, iww " SALLY'S RALLIES WFFlCUL-f AS POSSIBLE, industries are turn. Britain's greatest problem is the submarine. Her survival on the home front depends upon convoys of materials and food from the United States. If her civil population can be protected from a degree of privation which might undermine its physical strength, they will fight endlessly. There can be no question of their determined spirit. On our home front we are in a more favored position than our allies in one great particular. The airplane has rendered the Atlantic and Pacific oceans wider instead of narrower. No effective sea attack against the western hem- our navy. We need have no fear that -enemy armies will march through the Unifed States in this war. If we hold our outlying bases we do not need to fear the destruction of systematic air attacks. While we are discommoded, we do not need fear being starved out by submarine blockade. * * * Our task on the home front is different from that of any other nation Iii the war. We must not only raise large military forces, equip them and transport them overseas but we have an enormous farther burden. * * * We must furnish finance, food and munitions to the other united nations. We must do this in the face of the axis submarine blockade and the Japanese conquests, which reduce our normal supplies of many commodities from overseas. And we must support our civil population in such a fashion that their physical strength and spirit are not exhausted. If we are to perform these tasks so as to get this war over without delay, we have no margins for the waste of blunders or mismanagement on our home front. Our job is production, production and more production. And it is production of planes, ships and arms, and food right now. if the united nations are to aggressively tighten the rings around the European and Asiatic axis, and if we are to compel their continuing internal degeneration by effective attrition. We could wish for better conduct and organization of our civilian front. * * * Oar fighting f o r c e s have availed themselves of every experience and every lesson from HorW war I in building their organization. But these- experiences and these lessons have been largely ignored and even repudiated on our civilian front * * * All nations in that war, Britain France, the United States, and even Germany--had to pioneer the way to total civilian organization. In the end, they ail arrived at certain common principles of organization. Our initial and continuing mistake in this war was ignoring this experience and these principles. Only in the past few months has their validity been recognized and only yet partly adopted. . 3ny War Savings Bond and Stamps from your Globe-Gazette carrier boy. FARMERS ELEVATOR PHONE Z70 --YOUR W. S. INCOME TAX I Income Received I I "Constructively" | NO. 12 In making a return of Income for federal income tax purposes, all income must be reported except those items which are specifically exempt, a list of which may be lound in the instructions attached to the return form. The report of income must include income "constructively received" as well as actually received, that is, income which becomes the property of a persons during the year even though he does not have physical possession of it. Income is constructively received when it is unconditionally credited to one's account or set apart subject to his order at anytime. Thus, interest credited on a savings bank deposit is Income to the depositor when credited even though it may not be drawn down or even entered on the depositor's pass book. Income received for a taxpayer by his agents such-as rental payments has been constructively received when it is received by the agent. * * * Interest coupons which have matured and are payable represent income constructively received by their owner even though the coupons are not cashed unless, of course, there are no funds available to pay the interest on the coupons. In the same way, dividend checks ordinarily become income when received whether the checks are cashed or not. However, in the case of certain building and loan associations dividends declared and credited may not be withdrawn by the shareholder until the maturity of the share in a future year. In such cases the dividends do not become income during the year of the credit but in the year of the maturity of the share. # » * Another Instance of conitructive receipt of Income may iriie when one's debts or bills are paid by another or where a debt is forgiven. If this payment of a debt by another or forgiveness of a debt by a creditor is not by way of outright gift but in accordance with some agreement or business transaction, then the amount of the debt paid on behalf of the taxpayer or forgiven to him becomes income to him in the year in which such payment or forgiveness occurs. It often happens that a taxpayer who owns property agrees that the income from such property shall be paid to a third party or he may contract to perform services to · second party and it is agreed that the compensation shall be paid to a third party. In each case the amount paid to the third party at the taxpayer's order is income "constructively received" by the taxpaper which must be reported as income in his income .tax return. TO REPORT FOR DUTY HAMPTON--Harvey Uhlenhopp, Hampton attorney who recently enlisted in the coast Ruard, has received his call and will leave Monday for Chicago, where he wfll re- pott for duty. He will go from there to New London, Conn., for training at the U. S. Coast Guard academy. Mr. and Mrs. Uhlenhopp have sold their home t o Mrs. Jacobus Immerman of Coulter and Mrs. Uhlenhopp and their infant son, Elliott Lee, will make their home for the present with her parents, Mr. and Mrs. Elliott of Hampton. Buy War Savinft Bonds and Stamps from your GIobe-GftMtto carrier boy. PUBLIC SALE LTr 1 S . e ".* h ? . f ° U " wm * described property at Public 8tle without reserve at the farm located 3 miles east and % mile south of Klemme, and 6 miles north and 3 miles west of Meservey, on~ Wednesday, Jan. 2O Sole to Start or 12:30 O'clock Lunch en the Groundi 57 HEAD OF LIVESTOCK 30 _ HEAD OF BLACK ANGUS CATTLE -- 30 10 head of aHIch Cows-- 8 Black Angus, one Roan and one T°«rr SOm « a - r , e '"P £"* balance to freihe » «^° · BlMk Fall Calv^f- R^ : * | Ia .f Angus Yearling Steers; « Black months ol? months oid; Black Angus 25 -- HEAD OF FEEDER PIGS -- 25 Weight 130 Founds -- These Are Vaccinated , . · , . HAY and STRAW 5 tons of Alfalfa and Timothy Mixed Hay In Barn; 5 ; 35 ° "*" °' clover and FARM MACHINERY F-20 FARMALL TRACTOR on rubber ond cultivator. l" r °T c '%" l TM ta '- ut «« Genius No. 8, 2 -bottom 18-toeh slat boards Tractor Plow; McCormJck-Deerinf M-ft -V£ TE?",. IHlCS JOhD D * CTe N °- 10 ·taito : John Deere 4-row Com Planter, with 160 rods of H a f T J? uItlllacke T' 15 -«" «*» «· »».· 2 Jota, Deere FTodbte Harrow Sections, nearly new; Holes Steel Evener Extension »br sSe*S£?.*' f! S T\ SeC £ n H ""° W Evener! *sec « on W ~» ««- iDie urae new John Deere Manure Spreader; Stertlnr Grain Elevator. 42 ft. lone with hoist; 2-row Beam CultlvatorTMolSS Solky Plow, 16 inch; Clipper No. 2 Fanninc Mill; low Wood Wheel Wagon and Bos; Hay Back; Bob Sled; let* 8-lnch Feed Grinder; Furrow Gmde for Farmall tractor; Submarine Oil Bnrninr Tank SSt'V 2 / 1 ?!?' I'*? Ta ^ : U0 "' Hay Kope; " «· ««* SUo Chute; Feed Bunk; two 50-foot rolls 6-ft. Cribbint; DeUreal No IB Crsam Separator; Cream Cans and other articles too muner- TERMS: CASH Paul Van Buskirk, Prop. B. A. Beemtsma, Auctioneer -- First Kafl. Bank of Klemme. Clerk PUBLIC SALE As I am quitting farming I will sell all my persons! vrovtrl, at public aaction on the old Pete Gorman f,TM lociiea «4 railes north of Dougherty; or S miles east and ^ mile south of KOCKWCll * Oil TUESDAY, JANUARY 19 SALE TO START AT 12:00 NOON WARTIME 114 -- HEAD OF LIVESTOCK -- 114 8 Mf j D °£ HOR SES-1 team bay feldmpi, weltht 36M- t spotted sadd e mare, weight 1.000 Ibs, broke stojle and double; 1 black saddle geldiny 2 years old, weight 9»; 1 backikte nun 1 year old; 1 spotted male colt 6 months old; 1 brown reldtot 5 years old, weight 1500; 1 bay seldlnt 2 yews old. welrtl Ti^Sf «f S n£ A f D ^ F ^^^-^ T R -^ K K-22 h^5i of Hereford and Shorthorn cows, some fresh others to freshen by spring; 2 Hereford bulls, 1 Hereford bull , 40 HEAD OF' HOGS-- 2 Spotted Poland China sows with 1» we^ht s'holts SP °" ed T0laad Ch '' na ye "" nt **"' » «·« 30 HEAD OF SHEEP-- 29 ewes, I buck MACHINERY, Etc.-- 1 Farmall F-20 tractor aU mfcb,r- i tractor cultivator; 1 tractor cultivator lift; 1 Oliver ZTMow ci« Picker on rubber; 1 Kewanee 46 It. elevator with hoUt aS power; 1 McCormick-Deerter tractor plow; 1 15-tt McCor* mick-Deerine disc; 1 McCormlck-Deerin* ^ain Wader-TM Me" Cormick-Deering con, binder; 1 McCormick-D«erb,rmami« spreader; 1 McCormlck-Deering planter with 12» rodTwlre- 1 McCormlck-Deering 5 ft. mower; 1 John Deere 4 lectton* lever harrow; hay loader; 12 ft. dump rake; 1 Mcc.rmfck Deering endgate seeder; 1 McCormick-Deerinr feed I single row corn plow; 1 hand corn shelJer; 2 bay wagon boxes; Z running gears, 1 wood and 1 steel- 2 trailers, 1 with 4 good tires; 2 brooder houses, 1 8x» * u onew; 1 Jamesway brooder stove, new; 2 James way 3-«i chick waterers; 1 3-bnshel chicken feeder; 1 New Id» 7i Si hog waferer wtth lamp; 1 Successful 45 inshelhor?eede?2 feed bunks; 1 set back pad harness and horse coS»rv7 leather Hy nets; 1 English saddle and bridle- 1 Mc Deering No. 4 cream separator; hog troughs":? sni»U ers; 1 grapple hay fork with trip rope; 3 lo-wl/stee ' 9M ??. ED T About 120 ° bnsh * ls of »»*»; , ^--,« u » u . u . a !,*, ^^otic, rxanu : ^» se or make arran «n»«nts with yonr banker before FRED KNOLL ^^^ ORA BAVtESS, Auctioneer Sht.KuKI.P SAVINGS BANK. Do n «hert T Ottlo ri..v ^^Sr^TM*^,^?^

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