Decatur Daily Democrat, Volume 34, Number 270, Decatur, Adams County, 13 November 1936 — Page 2

PAGE TWO

NEWS’

CORN MARKET IS SIMILAR TO '24 Illinois University Economists Discuss Corn Prices Urbana. 111.. Nov. 12 —As tanners harvest one of the shortest corn crops on record, estimated at 1% billion bushels tor the U. S.. those farmers who have watched corn prices tor several years remember that prices following very short harvests, instead of taking a typical seasonal course, have common ]y been highest in December and January, says the College of Agriculture, University of Illinois. On the other hand in years of moderately short crops, the movement of prices through the season has been much more nearly normaly. with the lowest prices being reached in the late fall or winter months and gradually rising until May or June, it is reported in Illinois Farm Economics, a monthly circular issued by the department of agricultural economics of the

Farm Loans Farm owners desiring to purchase more land, refinance old loans, remodel present farm buildings or iile drain your farm should see us for : attractive payment plans and rates. The Suttles-Edwards Co There’s Long Life in This New ALL-STEEL McCormick - Deering I Spreader Sa?— -w THE New Mct'orniick-Deering No. 4-A all-steel spreader it convenient, low, and compact. It features a rust-resisting, non-warping box built of heavy-gauge galvanized steel containing copper. Capacity is 60 to 70 bushels. Eight roller bearings and Alemite lubrication, combined with perfect alignment in all part*, provide unusually light draft. There are five spreading speeds. The manure is torn and shredded by a saw-tooth upper beater, a spike-tooth lower beater, and a wide-spread spiral before it is spread in an even layer over the soil. Special equipment available includes an endgate for hauling semi-liquid manure, a brake, and a lime-spreading attachment. Come in and see this new spreader at our store or phone ns and w e w ill come out and tell you all about it. McCormick-Deering Store N. THIRD ST. PHONE 131

thimble" Theater now show ing-“bosom pals” By segar / HFIO TOAR'b IV/HtW. VOU GOwJ H t CUTE LITTLE POPETE'S Dt£R,) IrCROLD HIM TO AR. TILL -/?OUft C/vkUzJrl? LITTLE • AIN'T VOU.HAH?—, SWEET POPPA, 7 I GETS THIS CRATE MADE-) NICE oP\VL itE : J A5 , stop chasing J®- "os I tell bv BE careful with him. | S —ML-- ' //z *> HOW HES ALMOST A HOHERD> s^~_— -- Jjfflk ■ 11 vJI l <Zw 4ml OE WLJ i ' 1 ■” fg ' 4hm i'*' slflS ' ssn ’’ 7/ •'.L,, p < HBB i~ ffIMBHBI 88888 U—.—Ji * I ‘. \i!b

i.r j».. a *.w m aw m 1 •(* 11 college. "Since 1900 there have been three I'. S. corn crepe of less than two hillion bushels, those of 1901, 1934 and 1936." the circular points out. 1 “In addition to these years of extremely short crops there have been tour years. 1913. 1924. 1930 and 1935. when the crop was less than 2.3 billion bushels." During the current year corn' ( prices have moved more as they did in 1924 than in either of the other years of extremely short crops. In both 1901 and 1934 the rise from May to August was much less than this year. In calling attention to other similarities between 1924 aud the current season. Illinois Farm economics states that prices of hogs and cattle are at approximately the same level as on the corresponding dtfle of 1924 and much above the levels of 1901 and 1 1934. Business activity has been increasing rapidly in recent mouths and is approaching normal, as was the case in 1924. In 1901 business! activity was above normal and decreasing slowly, and in 1934 it was far below normal. “However, too great a rise from April to August in a year of an extremely short crop might result in prices during August reaching levels higher than the following De-

ceinher or January, even though thr course of prices should otherwise correspond to the experience of other years of extremely short ! crops," the circular warns. ( “This tendency for prices to be! higher in December than in August of years of extremely short | crops appears to be caused by the I influence of small receipts during I November and December. Only a small part of the crop is market ; ed in the form of grain and the re I duction in marketing is more than in proportion to the reduction in the crop unless prices are very attractive to corn growers. "In appraising prospects for the current season it should be noted that while the number of bushels produced is very small, the corn supply is more nearly adequate for the hogs now on hand than was the case in 1901 or 1934. Corn loans or other governmental measures may also affect the course of prices.” PREDICT GOOD FARM MARKETS Government Believes 1937 Prices Will Be Higher I Increased demand for farm proI duets in 1937 was forecast today ' by the Bureau of Agricultural Eco- ' noinics in its Annual Outlook ReIport. The Bureau, summarising the! I prospective and foreign demand 1 sai<J: “The demand for farm products ; in 1937 will be greater than in 19- , 36. Most of this prospective improvement arises from the expected increase in domestic demand. I although some improvement in foreign demand is also anticipated. | "Changes in domestic demand I for farm produce are determined largely by changes in the income of the consumers and industrial activity. Industrial production is expected to be about 10 per cent higher next year than it was in 19 46: the commodity price level is ilso expected to go higher. A national income 10 per cent higher J than this year's figure is probable. Discussing the domestic demand outlook in more detail, the Bureau ;of Agricultural Economics pointed out that the “national income paid out, a measure of consumer purchasing power, has risen from a depression low point of f44.9w,v0v.000 in 1933 to J 60.000.000.000 in 1936. As to the foreign demand outlook the Bureau said: “Improved industrial improvements are noted in some of the foreign countries which import farm products from the United States. The fuH benefits of this foreign trade has not been reflected in exports of American farm products because of the bariers to international trade which have been erected during the past decade. "Recent developments in con- 1 nection with trade agreements and| the indirect effect of devaluation: of foreign currencies ’may result in some improvement for larger foreign outlets for the farm products of this country.” O—- ■ — Cafeteria Supper Reformed Church Saturday 5 to 7. WANTED: Rags, Magazines. Newspapers, Scrap Iron, Old Auto Radiators, Batteries, Copper. Brass, Aluminum, and all grades of scrap metals. We are always buying all grades of waste material. We are also buying Wool and Sheep Pelts, paying the top market price. The Maier Hide & Fur Co. 710 W. Monroe St. , Phone -142

DECATUR DAILY DEMOCRAT FRIDAY, NOVEMBER 13, 1936.

SWITCH HORSES i FOR MACHINERY Government Learns More Farmers Are Using Tractors A further declime in the number of horses and mules on farms dur Ing 1937. ami tor several years to come, was forecast today by the Bureau of Agricultural E< oru iaica in Its Anusai Outlook lieport on these work gmuials. The bureau, in its summary, said that “it Is expected that the low ixrfat in the downward trend in the number of al] horses aud mules on farms will be reached in four lor five years "The low point ip the number of apniuH* of work age will occur a ' few years later.” the report conI tiuued. "During this period prices 'of horses and mules are expacted to increase somewhat above present prices. "As the number of horses and mules continues to decline, a further switching fropi the use of hors- ( 1 es to the use of tractors is to be • expected. Reports from the leadImg horse and mule markets iudi'cate a continued strong demand for horses and mules, which is expected to be continued during the coming year. "The extent to which tractors displace work-stock in the gext jfew years will not. only affect prices for horses but will influence the number of animals needed for power on farms. With the non farm outlet for work stock practically gone, and with large acreage of new land for agricultural purposes no long- , ' er. available,, the need for work stock in the future will be much more limited than was the need for many years prior to 1918. when horse and mule numbers were increasing rapidly. "Perhaps the maximum number needed for farm use is little differ- , ent from the number now on farms However, the need of replacing many old horses with younger animals is a factor tending to increase colt production. Demand has been principally tor young animals, and especially for young mares suitable for both work and breeding.' PLANS PROGRESSING FOR ANNUAL DINNER The ladies of the Evangelical church will give their annual preThanksgiving dinner at the church Thursday. Dinner will be served from eleven to one o’clock and tick- '■ < bs are on sale for forty cents. AdeI licious menu has been arranged atid I will be announced next week. In th,- evening a catatena supper I will be served from five to seven o'clock The puh'ic is cordianHy in- , vVed to attend. FEDERAL FARM LOANS Now At 4% The Adams County National i Farm Loan Association, of Decatur. Indiana has received a Charter and has been duly authorized aud empowered to make farm loans in all of Adams County. I If you are expecting to rc-finauce your farm loan, call or write this association at once. Office: 133 South Seconu Street Decatur, Indiana E. Burt Lenhart, sec’y-treas. Fred T. tjchurger, investigator

POTATO PRICES TO BE HIGHER - ji Greater Demand Expected To Increase Value Os Crop —— • ' The combined influence of an unusually small crop and improv ed consumer purchasing pow •’ i seems likely to result in higher prices for late-crop potatoes this winter than at any time since 1929 i according to C. W. Hauck, of the Rural Economics Department at the Ohio Experiment Station. The U S Department of Agrkul Hire estimates the total 1936 crop at 322 million bushels. 65 millions ; less than the 1935 crop 1 387 millions > and 57 million less than the 5-year average for 1931 1935 (379 millions) Expressed in terms oil pey capita production, this years , crop of 2.5 bushels per capita. is smaller than that o’i any year in the last 17. The previous low was I registered in 1926. when the yield was 2.6 bushels per capita. Aver age for the years 1920 to 1935, in-: elusive, was 3.1 bushels. If business recovery continues, the demand for potatoes is pretty certain to increase. The index of wholesale prices of all commodities is now higher than at any time, since 1930, and the index of industrial wages is higher than at any ■ time since 1931. Potatoes should benefit with other commodities in any advance in the general commodity price level. As a matter of; fact, Ohio growers are now receiving more for late-crop potatoes at 1 the farm than at‘any time since; 1929. barring a brief period in 19-1 33. Digging in northern Ohio has been delayed, dtte partly to long continued growing weather and partly to rains at digging time. This may prove to be very profit-] able to the farmer by reducing fne| usual heavy offerings in October. ‘ The customary price recession ex-! perienced at harvest time probably was less than would have been the case had digging not been hindered. Many Ohio growers are expecting further price advances and are reluctant to sell at current quotations: consequently, it is likely that a substantia! part of the late, crop in Ohio will be stored. HORSEjENSE During the five months, May to September. 200 head of cattle will drink nearly an acre foot of water ' —325.850 gallons—at the rate of übout 10 gallons of water for each animal daily. In reporting this fact to the College of Agriculture, University of Illinois, the U. S. Department of Agricultural calls attention to the need of building ponds and reservoirs as deep as possible. Glue made from soybeans is watjerproof and has great tensile strength. It is used by airplane manutactures in making airplane propellers, says the College of Ag- . riculture, University of Illinois- | When the electric fan is put a- : way, it should be oiled and cover■ed to protect it from dust. i If water from the air collects on ! pipes and cold surface in the cell- ■ ar. it may be that better ventila- ■ lion is needed. ; Fruit cakes, steamed puddings, jcookies and candies stay moist long- ; er if made with honey. If crisp , cookies or confections are desired, j honey should not be used. Thurman Wright, former vocaI lionai agriculture teacher. Ridge - way, has accepted a position as ; (aim adviser in Wa'r.itc county, Cari mi, it was announced by J. C. Sj»itj ler. state leader of farm advisers, j College of Agriculture, University of lilinois. Wright started his new duties on November 1. He suc- , eeeds R. H. Ulanahan who resigned September 30. I Illinois produced about half of

I all soybeans crushed in America last year, reports the College of 1 ' Agriculture. University of Illinois. ] o ' , i * 1 | Test Your Knowledge ’ I Can you answer seven of these | ten questions? Turn to page Four for the answer*. 1. Has Rhode Island a smaller ' area than New Jersey? 2. Are passports required for ‘ Canadian citizens who cuter the ] United States? 3. Who were the Hittites? 4 Who was Baldassare Gain ppi? 5. What Is histology? 6. On which bank of the Mississippi River is the city of New Orleans, La? '' 7. Name the largest living non- ( ruminating even-toed mammal. 8. Who wrote, "The Silver Horde?” 9. Which state is popularly ( known as the "Sunshine State?" 10. Into what body of water ( does the Ganges river empty? o Larger Membership Reported By Legion Indianapolis, Nov. 13 —(UP)—An 1 additional membership estimated at 1 ' 225,000 for 1937 is expected to be ' reported at the General round-up ' ot American Legion leaders at a ' meeting here Sunday. The increase is expected to bring , the •Legion’s 1937 total membership ito 400,030 exceeding last year's i | total by approximate!;, lyp.ooo, Harold L. Plummer, assistant national; adjutant, announced. Commanders anti adjutant* of the 58 various departments and national ! executives, are expected to attend : j the general round-up meeting. o l There is' enough gold in suspension in all the oceans to supply each inhabitant of the earth with fifty tons ot the metal. NO HUNTING — I No hunting or trespassing on the following farms east of Decatur: Studabaker estate; Mary J. Niblick farm: Hattie S. Obenauer • farm. 269-3 t A. D. Suttles, agent. XOTH E OF SALK OF M'HOOL Ft Ml PHOPDHTIKS Notice is hereby given. That pursuant to the laws of the State ot Indiana, the Auditor of Adams County Indiana, will offer at public sale al I Hie east door f the Court House, to I Hie highest bidder, at not less than tin appraised value, at 10:00 o’clock A. M. on th,: Utli day ot November, 1»36, the following described property heretofore bought in for the School Fund: The south halt ot the northwest quarter ot Section four <4) in Township twenty-eight (28) North ot Range fifteen (13) East, Adams County Indiana, containing eightyeight (SSI acres more or less. Appraised valuation of above tract ot land—43.2UU.OV. Also on the same day at 11:00 o'clock A M at the east door of the Court House, will otter at public sale the following described tracts ot School Fund lands tb-wit: Tract 1. The northwest quarter of the northeast quarter ot Section twenty-three <2S) in Township twenty-tive (25) North, Range fourteen (14) East, containing forty (40) acres more or less. -Appraised at JliiSO.oo t Tract 2, The north halt ot the southwest quarter of Hie northeast (quarter ot Section twenty-three <24> Township twenty-five (25) North Range fourteen (141 East, containing twenty acres more or less. Appraised at 5350.00. Tract 3. The southeast quarter «>f the northwest quarter of Section twenty-three (23) in Township twen-ty-five (58) North. Range fourteen (H) East, containing forty (40) a< res more or less. Appraised al $7’0.00. Trait 1. The south half ot the northeast quarter ot the northwest quarter of Section twenty-three (23) in Township twenty-five (25) North. Range fourteen (14) East, containing I twenty (*•) acres more or less. Ap--1 praised at $300.00 Said sale will be made agreeable to . an order of tln> Board of Commissioners vt said county and upon the tollowinp terms: One third, eaeji in hand, and the balance in four equal Installments due iu one. two, three and four years respectively from day of sale, bearing Interest at six per cent per annum. i>uyabb- in advance, said deferpd paMUvnts to be secured Ly first mortgage on the real estate soldAYitness my hand this 23rd day of October, 1: S. I John W. Tyndall, Auditor, ot AJams County Indiana Oct. 23-30 Nov. 6-13

MARKETREPORTS DAILY REPORT OF LOCAL AND FOREIGN MARKETS Brady'* Market for Decatur, Berne. Craigville. Hoagland and Willahlr* 1 Close at 12 Noon. Corrected November 13. No commission and no yardage Veals received Tuesday, Wed nuday, Friday aud Saturday. 100 to 120 Ibe »7.25 IXO to 140 lb* 7.70 140 to 160 lb*. 8.25 u 160 to 180 lbs 8.95, 180 to 210 lbs 9.15 , 210 to 250 lbs 9.251 ] 250 to 280 lbs 8.85 280 to 310 lbs 8.35 ; Roughs 8.00 | Stags 6.50 Vealers 9.50 Ewe and wether lamb* 7.75 Buck lambs 6.75 Yearlisf lamb* 4.V0 CHICAGO GRAIN CLOSE Dec. May July Wheat 81.15’g •Corn, uew $1.02% .95% -92% old .95% .91% Oats .43% .43 .39% EAST BUFFALO LIVESTOCK East Buffalo. N. Y . Nov. 13.— ' (U.R, —Livestock: Hogs, receipts. 800: steady: bet-! ter grade 190-220 lbs . $lO.lO-10.15: few butcher weights. $10.20; somewhat plainer lots. $9.75-$10.05. Cattle, receipts. 850; 25c lower; ; grass tat steers held above $3, yearling heifers sold $7.50; fleshy: grass steers. $6 75 87.25; others downward to $5.25 and below; low' cutter and cutter cows, *3.25-$4.25. Calves, receipts, 200; vealers uu-j changed. $lO 50 down. Sheep, receipts, 1,200; lambs generally 25c lower, slow at decline: better grade ewes and wethers, $8.50-$8.75; some held to $9CLEVELAND PRODUCE Cleveland. 0., Nov. 13. ;U.Pj Produce: Butter, unsettled; extras. 36c; standards. 35c. Eggs, steady; extra grade 40c; extra tirsts. 37c; current receipts. 34c; pullet tirsts. 26c. Live poultry firm; heus, heavy. 5% lbs. and up, 19c; ducks. 6 lbs . aud up. 18c: duck*, small. Ice. Potatoes, 100-lb. bags, U. S. No. 1. Idaho. $2.85-$2.95; some, $3; Maine, $1.85-$2; Ohio and Pennsylvania No. 1, sl.st)-$1.65; some, $1.75; Idaho bakers. 52-60 c 15-lb. cafton, $3 a 50-lb. box; 10-lb» img 30c. INDIANAPOLIS LIVESTOCK Indianapolis, Ind.. Nov. 13.—(U.P.) —Livestock: Hog receipts, 8.000; holdovers. 247; market generally steady; I'o- - lbs., $9.55-$9.75; 300-400 lbs.. $9.35-$9.65; 160-180 lbs.. $9.40-9.65; 150-160 lbs., $9.15-$9.60; 130-150 lbs., $8.85-19.46; 100-130 lbs., $8.15$8.90; bulk packing sows. $8.65$9.25: top. $9 40. Cattle. 500: calves. 4(H); lower grade she stock comprising bulk of run; another weak market; low cutter and cow* selling downward to $2.75; best bulk cutter grades. $3-$3.55: beef cows, $4-$4.50: lower grade heifers. $4.25-$6.50; bulls steady at $5.50 down; vealers steady; bulk better grades. $lO- - Sheep. 3.000; fat lambs mostly 25c lower: desirable ewe and wether lambs around $8.50; top. $8.75; slaughter sheep steady; bulk fat ewes. $2.25-$2.75; top. $3. FORT WAYNE LIVESTOCK Fort Wayne, Jud., Nov. 12.— .U.R/ —Livestock; Hogs. 5c lower; 225-250 lbs. $9.55; 200-225 lbs.. $9.45; 250-275 lbs.. $9.30; 180-200 lbs., $9.35: 275 300 lbs., $9.20; 16U-ISQ lbs.. $9.25: 300-350 lbs., $8.95; 150-160 lbs.. $8.85; 110-150 lbs.. $8.60; 130-140 lbs.. $8.35; 120-130 lbs., $8.10; 10'120 lbs., $7.85. Roughs. $8.25: stags, $6.75; cal ves, $10.50; lambs. SB. LOCAL GRAIN MARKET Corrected November' 13. No. 1 New Wheat, 60 lbs. or better • 81-0" No. 2 Wheat. 58 lbs 1.06 Oats 40c Soy Beanp, No. 1 Yellow 1,1” Old Yellow Corn 1.30 New No. 4 Yellow Corn $1 to $1.20 Rye 75c CENTRRAL SOYA CO. Soy Beans. No. 1 Yellow 1.13 NOTICE On and after Wednesday, Nov. 4, my office will be located with French Quinn in the office rooms above Vance & Linn Clothing store. Janitb T. Merryman -«^MIS3Ca*McaK' — N. A. BIXLER OPTOMETRIST Eyes Examined ■ Glasses Fitted HOURS 8:30 to 1t;30 12:30 to 5:00 bat'Jfua/a, o.uv p. in= Telephone 135.

\: I A * bIRS I Si& 40c BO Three °''- r -’0 word, !1 ■ Wk 3Bv EN BV Hi ... b ' i::'rrs;4 i. ... $7,(100, a J I O I »-w 'I >: •: -!>d en cabinet, kitchen -)-T i table. bj~ '" Ed Sl ’■ H -S - . : -fl H I - J I'. c H '- : I’lnii;. SMI nOTI( R L '"" ! I WANTED TO RENT contract; five or — MM’EI I,U<EO[M| Fl\ I. MI.N I :,h.-4-1.. ■■ J JSII Phu:.' 1- -' 1!: 1 II ‘ ■ foh itb>' -M — H : room’ ''imn-' " r """"B uMrs -1 '■ M LOST found :i "° ' BOV ' r °*“d and'fe e(i l,ill ' ■ .] paying to l ' atl d , 2t>M Id, Rohh. loiih' ■ ,' Tokyo- *» creasing recent .< ~Dr. Eugene Fields X RAY LA B .°. RA M) Phone J ’ ’ 127 N.