The Mason City Globe-Gazette from Mason City, Iowa on January 30, 1943 · Page 12
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January 30, 1943

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

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Mason City, Iowa
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Saturday, January 30, 1943
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Hogs30-40 Higher in Week PRICES STEADY FOR SATURDAY Demand for Pork From All Sources Is Broad CHICAGO, (IP)-- Only a Jew good and choice hogs were on sale Saturday, salable offerings amounting to 800 head and prices generally held steady. Most sales were made at $15.35 and below. Hogs advanced between 30 and 40 cents a hundred pounds during the week, selling at the highest January level in the past 23 years. Demand for pork from all sources continued broad and the runs were not up to expectations. Average hog price Friday was $15.19 compared wi*h $14.79 a week ago and $11.86 a year ago Top price was $15.40. Choice steers and yearlings were steady for the week, with grades of less quality 25 to 40 cents higher. An extreme top of $16.75 was paid for steers. Canner, cutter and common cows, as well as all bulls, sold at record highs early m the week, but all the upturn was lost before the close. Fat lambs were steady to 15 cents lower at the end ol the week. Sheep finished, steady to 10 cents higher. * * * (U. S. department of azricul- ^fJr-Salable hogs 800, total 13,000; only a few good and choice hogs on sale; these mostly of value to $15.35 down; runs comprised principally of low grade offerings and sows. Compared week ago barrows and gats and sows generally 30 to 40 cents higher. Salable cattle 800, calves none- compared Friday last week: Strictly choice and common steers steady; all others 25 to 40 cents higher, advance falling emphatically on low-good to average- choice kinds; largely steer and yearling run; longfed offerings scarce; bulk $13.75 to $lfi.25; extreme top $16.75; next highest price $16.65; best yearlings $16.50- heifer yearlings S16.25; heifers f, e /°J to str °nS, bulk $13.00 to ?15.00, practical top '$15.50, common and medium. kinds very uneven, at $12.50 down; record high market early in week on canner cutter and common beef cows turning at $10.75 down but early 2a cents advance lost and late .trade additionally 25 cents lower; medium to good fat cows also active early, but closed 25 cents lower; all weights sausage bulls raced to record levels early but Midwest Livestock (SATURDAY'S PUCES) , Albert Lu* Your "Flighty" Son Learns Joys of Being Able to Read w 160-170 Its. - *M JS-M.W Good Packing Sows-- 100 hliher 270-309 Ifae. ....... ...... . S14 00-14 05 300-330 IDs. ......... « M 15.14 « Sffl Steady 113.70-13.1$ I14.10-H.25 »14.35-14.50 . . . S14.SO-14.S5 Sc lower S1J.7S.13.S5 114.IS-14.I5 ll4.3S-M.t5 tl4.H-14.63 Sl3.90-13.95 ll3.80.t3.S5 . . S1S.60-I3.65 . S1S.KM4.30 . - $13.80-14.10 . . 514-50-14.83 S14.40-14.53 »14.JO -14.35 *14-20 -14.25 S14.M-I4.35 314.10-14.25 $14.10-1435 SU.10-14.25 - . »14.S5.14.«S S14.S5-14.S5 SI4.55-14.C5 JI4 43-14. J3 SM.55.14,35 S14.Ii-14.S5 $14:25.14.35 S14.15-14.2j 514.03-14.15 S14.0S-14.15 By SGT. KICHAKD i. MURPHY, (Marine Corps Combat Correspondent) ' "* Mun * 0 * 5 - un noTM* "A. iclfv««a to Wilson plant it Albert Lea. will bring 5-15c over torctolnt quotations' "A. iclfv««a to Wilson ' Am Can .« Am Rid st S 7 Ara T T 1JZ Am Tob B 2f}: Anacoda ·*' Atficsr Stock List NEW TOBK STOCKS r lie AiiMJitci trtn B«n Avlat Beth St»l Bodnc Alrpl Case Chry«ler Con Edison Com Prod Cur Wrljhl D*at ic Co Gen Elec Gen £*oods Gtn Mot Goodrich Goodyear 111 Cent Int Huv'ert Int T T Kennecott 47% 33V, KY, US *7*4 10 Vi US ssv, J»l ·a* CO 7H 31 Mont Ward ' 37: Na»b KeJv r N»t Dairy Pro 1 N y Central U Penney tz Perm R R 25 Phillips Pet 46 Soil Roebuck ti Soeoay Vac ; Sid Brandt 5 StiL Oil Ind i » sSrou N j 4» Studebaker «· SwUt It Co IV Texas Co .43 Un Air Unej'18 Un Aircr Corp flc : United Drug 7; U S GTPctun 59^ V S Rubber 30 V 8 Steel SI' ·Wat Un Tel 31' Wilson i Co 5: Woolwortlj W LIVESTOCK FOBECASr CHICAGO. Vfj--Unoiiicial esumated re cetpta of livwtock lor Monday: Hois 27 OW; cattle 15.0SO; ih»p jo.oooT u after losing 50, closed 25 cents .lower for week; best heavy sausage offerings reached $14.60, but closed around $14.25; after losing early 25 to 50 cents upturn when top went to $17.00; vealers closed steady at $16.50 down; stock cattle very scarce, steady at $11.50 to .Salable sheep 300, total 2,300- compared Friday last week: .Fat lambs steady to 15 cents lower, sheep steady to 10 cents higher; good to choice w doled lambs late $15.80 to $16.00; late top $16.25, but this week's top $16.65, equal to the highest paid locally in January for 14 years; most lambs this week $16.00 to $16.50. with clipped lambs $15.50 to $16.00; top clippers SI6.10; choice yearling wethers $14.75, with yearling ewes $12-75 to $13.73; bulk good and choice slaughter ewes $8.35 to $9.35, limited numbers $9.40; extreme top $9.50; highest for January since 1929. Local Livestock BOGS MASON CITY-- Tor Saturday ateaoy. Good light lijhts ......... 140-150 SI2 SO Good light liyhls ......... 150-160 IlS.IS Goo Good light light. Good light light, - . 1EO-17D J1S.80 17 ZIK-22! SH.K SU.85 ... 270-300 S 14.65 ... 300-330 SH.S3 ... 330-360 JU.55 .... 270-303 $14.30 200-330 SU.30 330-360 SK.30 380-400 114.30 400-450 JH20 light butchers .. Good me. wt. butchers Good me. wt. butchera Good me. wt butchers Good me. wt huMhcrs Good me. wt. butchen Good packiBj jowi Good loves Good sows Good sows °"3 *° W5 -HKI-KU msa Good sows 450-500 J14JO CATTLB MASON ciTY-For Saturday CRoSc* 10 crin-.t tttm -- · Cooo to ctioln sum Mcdiura to cood «tem Fair to medium sUen SlO.TO-lUia Plain lo fair tucn S 8.00-1000 Choice to prime yrle. tteera tl.i^o-n.so --0ocJ to choir* yrJe. cMer* Stz^o*I3,$o Lledtum to good ytarllnts ... SL1.SO-1UO Fair to medium rearllngi .. *10.«MI.SO common lo fair j-earltnti -- j t-00-10.00 Choic. to OTtm* artfm. Ka IDS. down $13 00-14.00 Gooa to cbcl» Melfen JI2.00-1300 Medium to tma heilm sil.StlS Plain to fair nelftrs S10.00-HSO Common ndfcn S a.00-10.00 Good to choice cows, dry fed Slo.oo-ll.M Medium 10 talr cows » a.po- 945 SM T ° m ."" U01 co " * 3.50- S.OO Cutters, heavj - . .............. Cannerm. tieavj .............. » 3JO- ujbt ........... .... j . Pane, ... calves ..^^w.f CITY--For Saturday Spring lamas, jood to choice J13.75-14.1S |pr n« lambs, medium to good tl2.50-13.50 Spring lambs, good to fair ... S10.W-ll.sa sprine lambs, fair to medium X 8.00-1000 5pr3gn lambs, common 3 500- 700 T,atlv« ewes, tood to choice.. S 2.75- 375 *-wes, cul) , . * Bucks '.'.".'.".'. » WHEAT PRICES (IP HALF CENT Most Other Grains Are Firm in Chicago CHICAGO, (*)--A substantial gain in the parity price on Jan. 15 as compared with a month earlier plus reports that liberal lend-lease shipments of wheat flour woul be made to Russia, sent 'wheat prices up about % cent fo new highs for the week Saturday. iVlOSt Otlicr ffraing WGTC lim with the bread cereal, but considerable profit-taking developed in rye on a report that government officiate did not see any possibility of lend-lease export demand lor rye flour. Rye was off about a cent at times. · : Wheat closed strong on gains ranging from *fa to 1% 'Vlay $!.«?» to «.«%, July $1.40%, corn was % lower to H higher, May 98% to 88%, oats were unchanged to ]i higher, rye declined % to 74 and soybeans were inac- STOCK ISSUES NOSE HIGHER Fractional Advances Are Widely Distributed - NEW YORK, (#)--Buying was a bit less urgent in Saturday's final January stock market but there was 'sufficient to keep assorted industrial favorites nosing into new high ground for more than a year. Dealings, fairly lively at'the opening; tapered later and, while numerous issues were unchanged or off a shade near the close. Fractional advances were well sprinkled over the ticker tape. Transfers for the two hours were around 500,000 shares. The daylight bombing of Berlin aided sentiment. Further additions to investment portfolios and persistence of inflation psychology again served as bolstering influences. Profit taking on the lenthy drive, however, restrained steels and other recent buoyant leaders. Railway bonds were in demand and commodities steady. Stocks touching 1942-43 peaks included Eastman Kodak, Western Union, Radio Corp., Chrysler, Montgomery Ward and Westinghouse. Resistant were Du Pont Anaconda, Douglas Aircraft and Standard Oil (N. J.). Occasional mnus marks were registered for f. S. Steel, Youngstown sheet, Santa Fe, N. Y. Central, U. S. Zubber, Woolworth, Oliver Farm- Texas Co., and Johns-Manville. Trend diagnosticians w e r e heered by the fact the Associated ?rers average of 60 stocks finished the month with a net gain of about 2Vi points, one of the videst for the period in several years. CHICAOO CASH QBAIN Oatordar SCarkati CHICAGO. Wj-No wheat. com ivo. 2 yellow e9f«: No. 3. «'.»; No. 4. n«igB«y«; No . 5. sample cade K«W(i. Barley malting Mgi.05 nominal. Hard * n °2i?* 1: **" 72S83 noiStaal. .S" 4 »«£»*»4w«lght nominal: tey M.1535.M; ^jik '- 50; rcd d Mason City Grain M MASOjrciTY--For Saturday No. 2 shelled corn sic No. 2 new oats 58 C New ear corn 7; c No. 2 soybeans si 6 Barley SATURDAY CLOSING GRAIN CHICAGO. CD-WHEAT-- May . .. July .' Sepl, .... coax- July '.'.'.'.'. Sept. OATS-May July , Sept ; SOYBEANS-May .. July RYE-July ,_ _ * Sept, High *].«?« . -S9?i Close . .say, JS'.i 6311 Two Bancroft Teams Down Vinton Quintets . John's academy of Bancroft had an easy time of it with Vinton's basketball team here Friday night, taking a 42-25 decision. The visitors led at the intermission, 27-10. Foth and Froehle made 14 points each for Bancroft, while Pruel had V for Vinton. The St. John's reserves also came through with victory, 28-13 yearlmgs. over the Vinton Hides B*na Horsertldes . . ·GKECN BEEV BIDES Front 13 (fts. up ....... ,,, From u iba. eon .......'.'.'.'.'.'.""' ,£ Bun hlda ..... ............... 'Jf ·^."W Wd« Ic « Ib. WfiVrVXliV'lc a ^ ftlgfier tor trm Bide, «, wbola«l. aaalen u wbcleial* quaallirta. Cresco Matmen Win From Oelwein Team CRESCO -- Cresco's matmen won a Northeast Iowa conference wrestling meet from the Oelwein grapplers here Friday night 26-16 The local boys won four falls and two decisions and the visitors, two fails and two decisions. Outstanding matches included Harry Lmd- erbaum's decision over Lyle Lingle Oelwein, in the heavyweight class and the decision won by Hanson Oelwein. over Radcliffe, Cresco' m the 135 pound weight. ' B , Bu S r War Savings Bonds ana sumps from your Globe-Gazette earner boy. SOLO, C. Z, " (SpVclaO-YouVe probably wondered (I know I did) what service men at an overseas post do with their spare time. Reading, of course, leads the list. Marines here read every scrap of printed paper they can get their hands on. It doesn't matter if it's a couple of months old and somebody else's home town paper, they'll scan it, from one end to the other. Comic books are much in evidence--pretty threadbare copies, though, because they are changing hands all the time. Nothing in the way of a magazine, newspaper or book is ever wanting for a reader. * * * From comic books to the book- of-the-month U quite a jump but several marines here are Book- ol-Ure Month Clnb members. Naturally, It's not the current month, more often It's two months old, but that doesn't dim their appeal. * * * This business of old reading Is something like daylight saving time. After you push the clock v?TM!!!* ? ?** «?«· behind ' y° u Produce (Merchant Quotations) Cash Quotation, by E. G. Morse) MASON CITY--For Saturday '·ggs, current receipts 30c :apons, 8 Ibs. and up 32 C Heavy springs, 5 Ibs. and up 26c leavy springs, 4 to 5 Ibs 24c ieavy springs, 4 to 4 Ibs.,. 22c ^eghorn springs ... ig c HensTi-lfbs 5 . 1155 : 3 ^. 0 ^ 1 f 2 = lens, under 4 ibs IT'lSc ^ocks, heavy " 14c Cocks, Leghorns ~'"l2c All No. 2 Poultry 4 cents less , 'soon forget about it. Current war news, however, is available through two Panamanian dailies. And men who scanned only the headlines are reading more closely now that the second front has been opened and the ' end of the beginning" has come. Except, for discussion of the day's news around a paper, surprisingly enough, no war talk is heard. Marines feel that there is no use talkuig about the length of this war. Nobody can tell for sure * * * Their talk b concerned with «irls, or the lack of them; the relative merit* ot the north and south, of Newark and Detroit, Philadelphia and Charleston, etc. It's the same talk yon hear in the States amonr boys in uniform--or boys in a collere dormitory. ' * * * Trips to neighboring CoJon and Cristobal are popular, particularly around pay day. The trip can be made either by bus or chiva (native bus) whose drivers seem always to be harassed about reaching their destinations. Also, marines occasionally get liberty to go to Balboa and Panama City on the Pacific side of the Isthmus. However, liberty for all service men, in both the canal zone and the Republic ol Panama, ' * " * ' * Men who fa over to the Pacific aide must spend the nicht in the marine barrack* there aod return the following morninr. Twnwortatlon from one aide to the other is by train (a one and one-half hour ride) or permission may be procured to go . throne 1 the canal on ship. * * * Here at the base there are many recreation facilities open to the toarines. A gymnasium is near at hand. A new Ship's Service Store (Post Exchange) has just been opened. The attractive theater near the barracks has a nightly movie. Movies, like the magazines are also a month or so late. The fact that the theater is packed nightly, however, speaks lor itself. Marines have always prided ·ggs, in cash iggs. in trade ...'... Jutter, Iowa State Brand iutter. Corn Country 3utter. Decker's lowina 29-32c 30-32C i.'isoc ...50o . na ... avo Butler, firooktield I..50C CHICAGO ._^»,^v niTr-ar-^ 3 "* 1 "*** XWet) irmPrtce?' W ~ B ? t 5 [er receipts .571,582. CHICAGO POTATOES CHICAGO, --_--. market firm "- 1 ' . nt ' A * slock: Supplies moderate H e - )sage Wrestlers Beat Clarion Matmen, 20-14 The Osage wrestling team edged ·^Po? 0 ^ matmen here Friday ight, 20-14, winning one fall and x decisions, while Clarion also aptured one fall, but only three ecisions. Two feature bouts of the eve- ing saw Diaz of Osage pin Evans t Clarion in o:59 in the 118 pound ass. In the 155 pound go, Laga f Osage decisioned Rohrer of lanon. Here »'There MisceUaoeoo* Items Fron North kwa and Soother* Minnesota NORTHWOOD--Stewart Ertes who has resided on the Georg Whiteman farm for the past ei*h years, has bought a farm- near Bramerd, Minn., and Mr. and Mrs Estes and three sons expect t move there the latter part of Feb ruary. . NORTHWOOD--Dr. R. L. Olso of Northwood received his appoint merit as the examining physicla lor the Worth 'county draft boar for preliminary tests given indue tees. IOWA FALLS--The Bev. Georg A. Wolfe, missionary of the Amer ican Sunday School Union, an his family will be at the Hanfor Union Sunday school at Hanfor Sunday, Jan. 31. OTKANTO--Pvt. Kenneth Wa liamson returned to Camp Davis Car., -Wednesday after spending week's furlough with his parents Mr. and Mrs. Roy Williamson a Otranto. He entered the»service in August, 1942. ClAXKSVtUXr-Henry Freerks F °rt Francis E. Warren, Wyo., con eluded a 10 day furlough visi with his parents, Mr. and Mrs Harm Freerks, on Wednesday night, and began the return trip to his camp. He has five brothers in the service and four nephews also. .CLAJRKSVttLE--PFC. Harola Koester, Fort RUey, Ksns., is now on a 15 day furlough and U visit ing his parents, Mr. and Mrs. Her man Koester. OSAGE--Mrs. Fred Van Hoose ras returned to her home afte spending three weeks with her son Charles, ana her sister, Mrs. Ann Green at Davenport SHEFFIELD--C. D. Foster, Sheffield attorney, has been commissioned a lieutenant in the navy and has been sworn into the service. Lieut. Foster will be attached ~) the aviation branch of the navv" - C1 3*?_ S YTM£ - **» Boyf themselves on ra Springs, Rudd )ivide DoubleKeader NORA SPRINGS-Nora Springs nd . Rudd divided a basketball oubleheader here Friday night, he local first stringers winning, 0-27, while the reserves lost to udd. 26-10. Clifford, Nora Springs forward -mpcd in 22 points for the vic- rs. while Stiles had 8 for Rudd he Nora Springs five held a 25-14 ad at the half. Saylor and McFarlin notched 3 arkers apiece for the Nora prmgs seconds, with Rudd's Eth- gton getting 11. lucuuewes on appearance so a large part of a Leatherneck's spare tune here is spent in shining shoes, pistol holsters, pressing pants and shirts and cleaning equipment. The barracks also provide a library, pool tables and a combination radio-phonograph with a supply of records recorded by marine corps groups. DESTROYER'S HEROISM TOLD U. S. Warship Fought David-Goliath Battle - -SAN FRANCISCO, OJ.R)--The American destroyer Laffey, fighting a gallant David and Goliath battle against overwhelming odds, blasted the bridge off a Japanese battleship at slingshot range and knocked three other enemy warships out of action in the night battle off Guadalcanal Kov. 12-13, the navy disclosed. The Laffey, destined to be listed among the U, S, navy's immortals, finally was'hemmed in by a Jap fleet. Crippled by bigger ships and fighting with her last usable gun. the Laffey sank in an inferno of explosions. * * * The 12th naval district, in releasing; the Laffey's story, told bow the l,7K-ton, San Francisco-built destroyer "passed so close under the bow of a speed- in* Japanese battleship that the raore would have been pointblank with peashooters." * ¥ * "The Laffey, steaming in the column of American ships which moved between the two Jap columns, picked a small Jap cruiser as her first opponent, opening fire with her five inch guns at 1 800 yards," the account said. The Laffey knocked out two searchlights on the cruiser, silenced her guns, then moved on in j ----- . --»TM MI/IWJ, 0VJrU son of Mr. and Mrs. H. W. Boyd and a cook in the army air corps arrived home from his camp in ^f?!??-. 011 a 10 da y furlough. COPLTEB--Mr. and Mrs. Wilbur Reineking, who recently moved to Coulter, were given a pleasant surprise Tuesday evening by their neighbors. Oyster supper was served.by the guests. SWALEDALE _ PFC. Arthur Johnson, son of Mr. and Mrs. H. I. Johnson, is spending a furlough with his parents' here. He is stationed at Indian Town Gap, Pa., with a tank destroyers' unit He entered the service May 23, 1942. Install, Cresco Lodge Officers on Thursday CRESCO--Following is a list of officers installed by the«oyal Neighbor lodge of Cresco Thursday night: Dora Stevens, oracle; Nellie Meyers, vice oracle; Bertha Parchman, recorder; Edna TUlson, receiver; Belle Nichols, chancellor; Delia Blazer, marshal; Emma Vagts, manager; Josie Wilson, past oracle; Mary Nichols, musician; Josie Davis, assistant marshal; Jessie . Gleason, faith Florence Hayes, courage; Sophia Davis, modesty; Myrtle Wentworth, unselfishness; R e g i n a Holub, endurance; C a t h e r i n e Davis, captain of degree staff; Linnie Prank, Hag bearer. ' BUYS UNDERTAKING FIRM HAMPTON--M. J. Greenfield of Nashua has purchased the fox Brothers funeral home and undertaking business and has taken possession this week. Ray A. Fox has been engaged in funeral work here the last 25 years, being associated for a time with the E. F. Graf and D. J. Paul furniture and undertaking firm. For the last 20 years he has been associated in business with his brother, Charles A. Fox. They will continue to operate their appliance and paint store. , search of fresh game. "She found it promptly. Out u..«, W M 4 4 U J » jy,t i , i ( l J J t 4 y , V-/UI from the shadow of Guadalcanal island came a Jap battleship. The Laffey moved in as a terrier moves in on a grizzly--outweighed 2 to I." When the range was right, Lt. Cmdr. \V. E. Hank let go a salvo VAIL RE-ELECTED SHEFFIELD--Don Vail was reelected president of the Sheffield Livestock Shipping association at the annual meeting held Wednesday afternoon. All other officers were re-elected. of torpedoes. It appeared that two of them Mt. * * * It. W. K. Ratcliff. the LaffWs cannery officer, toned all four of his fire-Inch runs OB the battleship's brldre. ' * * * "The battleship's bridge appeared literally to pulverize and blow away--it was shot completely off the ship." As the Laffey widened range, she was surrounded enemy vessek, -with two !__,, Jap destroyers on the port bow One after another of the Laffey" five inches were silenced, ··»" she had but one left. One damaged Jap destroyer the by large until ^ a esroyer quit the battle. The second Jap destroyer exploded and sank, leaving the battered Laffey alone. A bad fire blazed out cf control. Her engines gone, her guns smashed, the Laf fey burned beyond hope of recovery. Captain Hank finally passed the word to abandon, ship. The wounded were earned up from sick bay and placed on life rafts. A series of violent explosions literally ripped the Laffey apart and the ship set-! tied The skipper, Lieutenant Commander Hank, was never seen again. vfc LOOKED PARfcOf DUR1M-1H£ SUMMER 15 ftU KKQW ALLAfiOUf Gamer Business Girls Entertained at Party GARNER--A group of Garner business and professional girls were entertained at the home of Miss Phyllis Elling here Thursday evening. The girls came to the party attired as six year olds and brought dolls' and toys. Prizes awarded for various games consisted of animal crackers and oranges. Miss Lois Stott, Miss Pearl Miller and Miss Phyllis Elling were hostesses. ["""YOU U I Is OUR U. S. INCOME TAX- Useful Life Defined NO. 24 The "useful life" of a property lor federal income tax purposes, i considered as its term of use fo the purpose designed. Complete exhaustion · of a property Is no required in estimating the annua depreciation but if it possesse salvage value at the end of thi useful life this value must be iaken into account in determinini the depreciation rate. Thus, the useful life of a renta Jiiilding would be its useful renta life though at the end of tha eriod it may possess scrap 01 salvage value which must bt aken into account. For the guidance O f taxpayers, the bureau of nternal revenue has prepared a ulletin (bulletin F) setting forth bureau practice in regard to depreciation deductions and estimated useful life of various types of iroperty. * * * After the estimated useful life f the property has been determ- ned the capital sum to be recovered may be charged off over the eriod, either in equal annual in- taiunents or in accordance with any recognized trade practice. The amount so charged off must be used to reduce the cost (plus any dditions and betterments) or oth- ;r basis at which the property is eld and if the property is subse- uently sold or exchanged, that educed basis becomes the adjust- d basis for determining the gain r loss on the sale or exchange. If it is clearly shown that be- ause of economic or other conditions property must be abandoned t a date prior to the end of its lormal useful life so that depreciation deductions alone are insufficient to return the cost or oth- r basis, a reasonable deduction or obsolescence may be allowed in addition to depreciation. * * * As stated above, depreciation al- owances are based upon the cost f other basis." If the property vas acquired by purchase after ·eh. 28, 1913, the cost is the basis f acquired by purchase prior to March 1, 1913,- the basis is the ost of the property less deprecia- lon sustained prior to March 1 913, or the fair market value on larch I, 1913, whichever is great- r. If the property was acquired y gift after Dec. 31, 1920, the ias:s is the same as it would have een in the hands of the donor or ne last preceding owner by whom f was not acquired by gift While land, as stated above, is ot ordinarily depreciable an al- owance corresponding to depreciation, known as depletion, is permitted in the case of mineral roperty from which minerals (in- ludmg oil) are being extracted n the case of certain farming perahons requiring expenditures o maintain the productivity of the oil, such as orchards, where regu- ar replanting must be practiced r farm land requiring periodic [earing or drainage deductions o recover the sums expended may e permitted in accordance with he exhaustion of value if the mount so expended in developing he property for use is treated as capital expenditure. ·fold Funeral Rites or Pat Christy, 76 -----_-- Funeral services -- held Friday morning at St. .ary-s Catholic church for Pat ""sty, 76, who died suddenly uesday. Burial was in St. Mary's cemetery east of Ackley. Mr. Christy was born in Frank- n county, and cama to Ackley 45 ears ago to make his home. Two sisters. Hannah Christy and Irs. Mary Hayes, Marshalltown, Tirvive. TAKES WELFARE POSITION HAMPTON--Gilbert J. Freeman, eputy county clerk since last uly, has resigned and will take' a osition Feb. 1 - with the Iowa tate department of social welfare - a field representative. Before Doming deputy clerk he was ngaged in social welfare work in ranklin county. The estimated area of modern erusalem is 1,000 acres, of which ne-fifth lies within walls. Bob Hope's Sister- in-Law Sues Comedian for Claim on Salary By WILLIAM c. PATTETTE HOLLLWOOD, (U.R)_Bob Hope's fans were left to ponder in disillusionment Saturday his sister- in-law's claims that he doesn't even see his tons of fan mail doesn't sign his own autograph and pulls his-gags from a filing cabinet containing hundreds of stale ones. Sister-in-law Marie Towns made the disclosures when she went to court to get a raise.-She said the comedian paid $12.50 a week for wading throu e h his fan mail and cataloguing his jokes, "some of them terrible." She asked for $2 300, -which she claimed would make her salary just about right tor the past two years. Hope counter-sued, setting forth that it was none of anybody's business what he does with his maii, that the sister-in-law was anything but underpaid for the work she did, and that anyhow she had borrowed $1,425 from him in the interim and neglected to return it. , One of the comedian's most enshed items entrusted to her care was his catalog of cross-indexed jokes and gags, 120,000 of tnem, ready for snatching ou t Q j the file on a second's notice to lit any situation. "Why," she said, "Sometimes we d give him his script just bs- fore he went on the air and he'd read it without ever seeing it before." This, Hope denied. ;|It only sounded that way," he Bny War Savings Bonds and Stamps from your Globe-Gazette carrier boy. BETHANY AID MEETS JOICE--The Bethany ladies' aid met Thursday at the church parlors with Mrs. Emmet Johnson, Mrs. F. O. Gordon, and Mrs. Tommy Evans as hostesses. Mas. Clarence Slattum was in charge of the program. *«*!* «p.«e?.. Hogs are icalljr in theannj, for pork products are im oottuu wu time food for fighting men. Extra pigs in erecy litter ..-. fittet gains for growing pigs ... finished hogs on the market sooner -- that's wbat yoar government is demanding., and that's what you'll need to make eroa profits, too! "· Come in and ste va about the Purina Sow-to-Pig-t» Packet plan that's built to 'help in this emergency. Find out abottt these two great supplements: MJUNA . SOW and HO | CHOW -n»i», «,,,! ·a***.***.* PUMNA | HOG CHOW -- H » « « l » | I M l l T*«-**III .ni l*f.~mA*mn- FARMERS ELEVATOR PHONE 270 "-E- H. L. RYERSON'S BAvlnr s9*p{^*ii j. ;» ».. ,_ ... ^^ ^^^^ ^^^* xh e F n The Following ' FEBRUARY 3 Sale Will Start »t 12 O'clo 72 -- HEAD OF LIVESTOCK -- 72 PBre "I !?? od of Hl '9 h Holsteins -- rsxr pss^ys^JsfSi^SSff^ Mr-atlas Tn*XVE, r*Jlttn -_.» m. i m.«4 wtuMmSm?"TM" 1 ' """ **" """· "' »»»«*»· "« «r« r.. ?· L « RYERSON, Owners t t i . TRACTORS! Are your tractors in shape for the spring'* work? Unnecessary breakdowns in the field can be very costly in loss of valuable time and crops. WE HAVE A COMPLETE STOCK OF TRACTOR REPAIR PARTS NOW! DONT WAIT COME IN AND LET US FIGURE YOUR REQUIREMENTS WITH YOU. GUARANTEED WORK AT REASONABLE PRICES T0 RESPONSIBLE PARTIES UNDER FEDERAL CREDIT REGULATIONS MASON CITY IMPLEMENT PHONE 462 MASON CITY.

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