davidaulloa/AmericanStories huggingface dataset:
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
Money and Exchange

indianapolis bank clearings Friday
were g, Ill., 600, against S2,2O9.O00 Friday
q week ago.
NEW YORK, April 22LThe foreign
exchange market opened down today with
demand Sterling of sc at IS 92a4. Francs
were down / centime at Use for cables
and 1920 for checks. Lires dropped u
points to 4.66c for cables and 4.65c for
checks Belgian cables were 7.40c; checks,
s.3ec Guilder cables were 34.TSc; checks,
e. rec Swedish kronen cables were 1860 ;
checks, 23.6lc. Marks were 1.4Jc.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
CHICAGO CASH GRAIN.

/ hard winter, $145; No. ? hard winter,
S1.43; No. 2 northern spring. Sl.46h4
I.47; No. 3 spring, Sl.37 Corn-No. 2
No. 9 white. 5Sa59c: No. yellow, $50
59lsc; No. 4 white, 57N5sc; No. 4 yellow,
$50 Csc oats No. white. 301ac; No. .
white. 3S3s Q39Ac; No. white, 3Slac;
No white 3Se.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
TOLEDO CASH GRAIN.

TOLEDO. April 2-Wheat-Cash.
81 4oIa; May, s1.4115; July, s1.12l9. Corn
No yellow, 6ic, 0ats--No. 2 white.
43@44c. Rye-No. p Sl.34. Barley-No.
., 66c Cloverseed -Ca& 1920. $3.50 :;
April. S11; October. $3.50. Timothy-Cash
O91sj, $3O5; cash 1910, $50; cash
1920, S315; April and May, SO; Sep
TENDER, $3.50. Alsike-Cash new, $l4.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
NEW YORK GALL MONEY.

NEW YORK, April 21.-Money-C
money ruled 81 per cent; high, 6Ih per
cent; low, 6i2 Per cent; time rates steady,
all 6136T per cent; time mercantile
paper steady. Sterling exchange was
steady. with business in bankers bills
at IS 92k for demand
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
NEW YORK METAL MARKET

NEW YORK. April 2.-Copper-Quiet;
spot, April and May, 12A @12&c; June
and July, 12h@13c. Lead-Firm; spot,
4.5004.6Oc; April. May and June, 44Jd
4.5Jc. Spelter-Firm; spot, April, May
and June, 4.S505OOc.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
NEW YORK HIDE MARKET

NEW YORK. April 22.-Hides were ac-
tive on the market today. Native steer
hides sold at 1Oc per ID, while branded
steer hides were quoted at &c.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
wEATHER CONDITIONs.

The Western disturbance has moved
very little during the last twenty-fOur
hours and now covers practically all of
the great central valleys. 1t has caused
mich rain from the upper Mississippi
Valley and Lakes region to Gulf coast,
with numerous heavy falls in the latter
region. Temperatures have risen mostly
in Eastern sections in front of the storm,
but have fallen somewhat between the
Mississippi River and the Great Plains
where the winds have shifted to nOrther-
" in the rear of the disturbance. Rising
temperatures in turn prevail over most
of the Western highlands
j. H. ARLINGTON,
Meteorological. Weather Bureau.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
NEW YORK RAW SUGARS.

NV YORK, April 22.-Raw sugars
were easy on the market today. Cubas
sold at SEC per pound, duty paid. while
Porto Ricos were quoted at 5.27c per
pound, delivered.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
WHOLESALE BEEF PRICES.
Quotations by Swift & Col

(QuotatiOns by Swift G Col
The following are today's wholesale
market prices for beef cuts as sold by
the indianapolis markets:
Ribs-No. 2, 26c; No. 3, 22c. Loins-
No. >, 24c; No. 3, pic. Rounds-No. 2.
pc; No. 3, 10c. ChucBs-No. 2, lac: No.
3. lie. Plates-No. 2. DC: No. 8. Sc.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22

Indianapolis flour mills and elevators
today are paying $3.50 a bushel for No
/ red winter wheat, SLIT for No. . red
winter wheat and $1.14 for No. red
winter wheat.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
NEW YORK WOOL MARKET

NEW YORK, April 22.-wool was
quiet today. Domestic fleece, Xxx Ohio,
was quoted at 22@44c per Id; domestic
pulled, secured basis. 1SdT2c per ID, and
Texas domestic, secured basis, 400S2c.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
HAY MARKET

The following are the Indianapolis
prices for hay by the wagon load
Hay-Loose timothy. new. S20@22
mixed hay, new. $175O@19; baled, $19G21.
Oats-Bushel, new, 40042c.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
INDIANAPOLIS CASH GRAIN.
April %

April %
Bids for car lots of grain and hay at
the call OF the indianapolis Board of
Trade were:
Wheat-Firm No. 2 red, S13661.3S.
Corn-Firm; No. 3 white, 62062h No
white. 81662c; No 3 yellow. 61062c !;
No. 4 yellow. 60@61c; No. 3 mixed, $50
SOC
Oats-Firm; No 2 white, 4O@4O1bc; No.
white 39030Hc.
Hay-Weak No. timothy, S105O@20 :;
No. 2 timothy, $19@1950; No. / light clo-
YER mixed, $1S50@19.50; No. clover hay,
$16@17.
inspections
Wheat-No. 1 red. / car No. 2 red, 5
cars; No. red. cars; No. red, 2
cars; sample, l car; total, II cars.
Corn-No 2 white, car; No white,
8 cars No. white. cars: No. vel
low car No. 8 yellow, 8 cars; No. 4
yellow, l car; No. 6 yellow, L car No 3
mixed, 2 cars; No mixed, car total
26 cars.
Oats-No. 2 white, 81 cars No. 3 white
8 cars sample white, 1 car; No. mixed
l car; No. 8 mixed, , cars; sample mixed
1 car: total, 30 cars.
RVe-No. 2. | car.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
NEW YORK LIBERTY BONDS.
TWENTY STOCKS AVERAGE.

NEW YORK. April 22-Twenty indus
trial stocks averaged 1854, up 40 per
cent. Twenty active rails averaged 1854.
up % per cent.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
CLEARING HOUSE STATEMENT.

NEW YORK. April 22-Exchanges,
1886. 211, $50: balances. S58.727 093; Fed
eral Reserve Bank credit balances, S54,-
4O3.S46
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
NEW YORK PETROLEUM.

NEW YORK. April % Petroleum wos
firm today. with Pennsylvania crude
petroleum quoted at 1926 a barrel.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
NEW YORK REFINED SUGAR

NEW YORK. April 22-Refined sugar
was dull TODAY. with fine granulated
selling at 7.45@750c per Id.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
Hog Values Continue
on DOlUnJUGrd Trend

CHICAGO, April 22.-Prewar levels in
hog prices were reported today for the
first time from the principal live stock
markets of the Middle West and traders
predicted a further drop in values
Declines have been in progress stead
lily for more than a week and today
touched the lowest prices since 1916 in
Chicago, Cleveland, East St Louis In
dianapolis and other markets
IN Chicago top light hogs hit 1888 per
hndredweight today, the lowest price
since February, 1915.
AS an indication of the force with
which reimbursement has hit the hog
raising industry, packers pointed to the
fact that today's price is $15.25 per hun
dr4dweight under the highest price on
record in the local market. This price
was recorded in July, 1919, when best
hogs went to $3.50.
growers to unload Is given as one of
the principal factors in the present de-
cline.
Receipts at the Chicago market and at
other principal markets during the past
few days have been beyond expectations
and the packers have failed to absorb the
surplus.
CLEVELAND, April 22.-Hogs con-
tinued their downward trend at the
Union Stock Yards here today, all grades
year low record.
Calves also were lower, a reduction of
81 being recorded.
EAST ST. LOUIS, Ill, April 22.-Hogs
sold at the National Stock Yards today
at the lowest prices since 1915, seKang
from Is to so cents down from yesteIfyAy.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
FLOUR AND MEAL

E-z Bake bakers -four In 98-Ib cotton
Corn meal, in 1oO-lb estton bags. 1.9O
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
Weather

The following table shows the state of
the weather at a m, April %, as OBJ
served by L. S. weather bureaus:
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-04-22
JUST 100 FEET
ABOVE PEAK.

Flying under or over or around the
clouds, through them only when I felt
sure they were light and small, l pro
ceeded on. Once while banking to avoid
a heavy cloud center, noticed a snow
capped peak less than 100 feet below and
touching the cloud l was flying through.
From 1 to 4 a. m. flew a zig gag
course, checked by the planes clock, and
during this time l passed over several
snow-cOvered ranges, through one small
snow storm, and skirted innumera BILE
cloud banks. At 4 so / saw the first
streak of the oncoming day. 1t looked
more like a reflection Of the moon on the
clouds than the rising sun. l was flying
at 1900 feet, with the motor running
1900. The country below was falling
away into barren foothills and looked
most friendly after viewing the rugged
peaks so long"
Continuing his report, Lieutenant Cohey
details how he was forced down at
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-01-19
Casual Profits Not Income
According to Judge Thomas
TEXT OF DECISION IN DISTRICT COURT WHICH
COME TAX DISPUTE

(From Wall Street Journal, Dec. 81

(From Wall Street Journal, Dec. 27)
It would not be wise for any one to
assume that Federal income taxes paid
since 1913 on casual profits resulting
from sale of property or securities
will eventually be refunded by the
Government in pursuance of the de-
cision handed down by Judge Thomas
in the United States District Court in
Connecticut, on December 16, 1920.
The decision will go to the United
States Supreme Court on appeal by
the Government. In the meantime,
record Of the case and Judge Tho
mas finding in it's essential features
are herewith presented. The facts in
the case were stipulated. The plain
tiff is Frederick F. Brewster, Judge
Thomas summary of the case and his
decision are in part as follows:
It appears that plaintiff is not now
nor was he during the times men,
toned herein, member Of any stock
exchange, or of any similar organiza-
ton or association engaged in the bus
mess of trading in, buying or selling
securities. Neither was he in any
way engaged in the business of buy
ing or selling stocks and bonds other
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-01-19

islatures, of the meaning attributed
thereto by the decisions of the various
courts, both State and Federal.
1t has been held repeatedly that
gains realized from the sale of capital
assets held in trust are not income,
but are principal, exactly as the Sc
curities were before they were sold,
and that where tenant for life is
entitled to the entire net income of a
fund, and the trustee realizes an adj
vance in value by the sale of an in
vestment, the life tenant is not entitl-
ed to the gain which is uniformly
treated by the Courts as an increment
to principal and a part Of the corpus
of the trust.
The conclusion seems imperative Tin
connection with the handling Of es-
,tates) that the word income" has a
well-defined meaning, not only in COM
mon speech but also under judicial
construction and this meaning does
not include the increase in value of
capital assets when realized upon a
SALE
The following. extract from the
opinion Of Mr.. Justice Pitney in the
Macomber case, supra, at page 206,
is Instructive:
For the present purpose we re-
quire only clear definition Of the
term Income" as used in common
speech, in order to determine it's
meaning in the amendment.
1t seems to me apparent that the
Supreme Court, in Towne v. Eisner,
245 U. S. 418, 426, and in Eisner v.
Macomber, supra, followed the doc
trine enunciated in Gibbons v. Mahon,
1876 u. S. $40, where it was held that
a stock dividend is an accretion to
capital and not income as between a
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-01-19

for the year in which it was realized
by sale. Speaking for the Court, Mr.
Justice Field on page IS said:
The question presented is whether
the advance in the value of the bonds
during this period of four years, over
their cost, realized by their sale, was
subject to taxation as gains, profits
or income of the plaintiff for the
year in which the bonds were sold
The answer which should be given to
this question does not, in our judg-
ment, admit of any doubt. The adj
vance in the value Of property during
a series of years can, in no just sense
be considered the gains, profits, OF
income of any one particular year OF
the series, although the entire amount
of the advance be at one time turned
into money by a sale Of the property
The statute looks, with some excep-
tions, for subjects of taxation only to
annual gains, profits, and income
And further on page &c:
3'The mere fact that property has
advanced in value between the date
Of it's acquisition and sale does not
authorize the imposition of the tax
on the amount of the advance. Mere
advance in value in no sense @onsti-
tutes the gains, profits, or income
specified by the statute. It consti-
tutes and can be treated merely as nj
crease of capital"
Respecting this decision, the SUI
preme Court in Lynch v. Turkish, 247
u. S. 221, speaking by Mr.. Justice
McKenna, said on page $50, after dis
cussing Gray v. Darlington:
"This case has not been since ques-
toned or modified" and meets the
Governments attempt to distinguish
Gray v. Darlington, on page 23O, in the
following manner:
ssThe Government, however, makes
its view depend upon disputable diff
ferences between certain words of the
two acts. It urges that the Act of
1913 makes the income taxed one sarls-
ing or accruing' in the preceding cal
endar year, while the Act of 1867
makes the income one derived Grant
ing that there is shade of difference
between the words, it cannot be grant
ed that Congress made that shade a
the construction of it's legislation to
criterion of intention and committed
the disputes of purists. Besides, the
contention Of the Government does not
reach the principle of Gray v. Darling
ton, which is that the gradual advance
in the value of property during SER
les of years in no just sense can be
ascribed to a particular year, not
therefore as arising or accruing, to
meet the challenge of the words, in the
last one Of the years, as the Govern
ment contends, and taxable as income
for that year or when turned into
cash. Indeed, the case decides that
such advances in value is not income
at all, but merely increase of capital
and not subject to tax as income. :
Meaning of the Word s1ncome.
The meaning Of the word incomes"
in the Sixteenth Amendment is no
broader than its meaning in the Act
of 1867. It was adopted in its present
form, using only the words incomes
from whatever source derived" with
Lac presumptive knowledge on the pag-
Of Congress and the several State leg
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-01-19

therefore held in the Towne case that
stock dividend was not income with
in the meaning of the Income Tax Law
of 1913 and in the Macomber case
that stock dividend was not income
within the meaning of the Sixteenth
Amendment. AS already stated, it is
difficult to see why any different rule
should be applied to the proceeds OF
an investment purely a capital in
vestment when held by trustee than
when held by an individual.
Two pertinent points have been de-
Continued on 7th pagel
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-01-19

A practical remedy is knowl-
edge Of world markets. Accu-
rate information on all foreign
crops can be gathered and given
out. This would make supply
known and demand steady.
The Farm Bureaus aim to pre-
vent costly price fluctuations by
this means. They believe in the
Eight cure" as a remedy for dis
tribution evils. And you can
help! If you are not a Farm
Bureau member, join today.
In your individual effort to
contribute toward the improve
ment Of farm conditions, you
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-01-19

will find THE COUNTRY GEN
TLEMAN a powerful ally. With
a large staff of editors and con-
tributors covering every corner
of the land even studying for
eign markets THE COUNTRY
GENTLEMAN presents each
angle Of our national farm prob
lens in the most helpful and
interesting way. Itwarns youof
causes for price changes before
they occur, helps you to make
money, entertains and inspires
you all for just $1.00g for 81
big issues. Send a dollar bill
or your check is good!
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-01-19

clerks error, adding three ciphers to thousand
bushel selling order, caused wheat to fall 8A points
on the Chicago Board of Trade last October It didn't
change the worlds wheat supply by single grain or
affect actual wheat needs by much as a crust Of
bread, but every farmer whose wheat was marketed
that day lost money result
A short time BEFORE the market was sent tunblng
by false cablegram announcing that France had
big harvest of wheat.
When a clerical error or base1ess rurnor rob
the farmer of millions, some remedy MUST be found
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-12-20
GIFT BOXES BEING
PREPARED FOR THE
UNFORTUNATE VETS

Ex-service men. in unfortunate. CIR
cumstances will be given Christmas
cheer through, the aid Of Grand Forks
Post No. s Of the American Legion
and the Women's auxiliary. This was
decided at a meeting of committees
from these organizations held Mon
day. and a plan was adopted for the
carrying out of the project.
Not only will veteran patients in To-
cal hospitals be cared. for. according
to Walter Schlosser. commander of
the Grand Forks post but efforts will
also be made to bring cheer to those
in state institutions, as far as the
means at hand permit. -
Christmas boxes will be prepared
and sent toithese institutions for dis
tribution: -.
Word received from the state hospi-
tai. at jamestown and the tuberculosis
sanitarium IN. Dunseith,' stated that
gift boxes Would be greatly appreci-
ated.
The superintendent from the latter
institution, pointed out the need OF
heavy clothing as the inmates must
necessarily be out in the open a great
part of the time.
Those wishing to contribute to the
gift boxes should get in touch with
Mrs. ]. B. Wineman or Bobby Benner
at Benner and Begg's store.
Members off " committees are
Bobby Benner aid Ralph Borman fol-
the Legion and Mrs. J. B. Wineman
Mrs. ~. c.. Moore, Miss Winnifred
Owen and Miss Frances Owen.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-12-20
Merchants Are Pleased
With General Situation;
Many Out OF Town Gus
toners; Say Better Serv-
ice Can Be Given During
Early Part OF Day.

Christmas shoppers this season are
more numerous than a year are
buying just as many gifts and " as
high quality, but OF the less costly
kind, are using more care in their Sc
lections and are asking less credit.
according to statements made by q
numoer of representative merchants
on Monday.
According to Robert Benner, man.
ager of the dry goods department of
Benner & Begg. the trend of the
times is noticed in the tendency
among many women shoppers to save
honey by buying materials and max
ing gifts. He says the total number
of articles sold ON Saturday was about
equal to the same day last year.. They
were smaller and less expensive, how
ever, making the total cash receipts
somewhat lower.
About the same situation was re-
ported by Paul Griffith of the Ontario
store and w. A. Odell of The Odell
company. The latter said the mum"
Der of shoppers was greater than a
veal ago but the purchases per per-
son was less.
In the jewelry line. ,Huessen's jew
elry shop reported the total sales
somewhat better than last year. At
the Arhart jewelry store 1t was found
that there is just as much care given
to the value Of jewelry gifts but that
the articles in demand are Of the less
costly kind.
Conservatism was reported by
practically all dealers. especially in
the mems furnishing lines. Sandy"
Mcdonald, proprietor of the NJ G..
Olson store. said the general situation
sums up better than was anticipated.
He notices. however, that buyers are
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-12-20
Holiday ''Eats"
Are Reasonable

Grand Forks households may pro-
vide Christmas dinners this year for
a good bit less than it cost last. year,
SO far as the eats are. concerned, it
is learned by. a: little, visit to the gro
Gerry shops: There is a drop OF about
IS per cent In present; prices on gro-
Gerry staples for the Christmas dinner,
compared with those of last year. /:
Sugar is lower in price. .".spuds. :.
-four, apples. nuts, lard. butter, eggs.
and many Of the other items that go
toward making up the Christmas din
ner are n~oticeably less in price than
they we're in 1920, an inquiry Show
Cranberries, which have become a
traditional part Of the turkey dinner
are showing an, increase over last
years prices. however, but they seen.
to be about the only commodity nee
essary for the Christmas meal n
has taken. a jump in that direction,
It would. seem that the ,"trimnins
and all Of the othsr. things. going to
make. up.a complete Christmas dis:
sner here have come down to a price
within reach, but mot $ will
the ,~aristocratic turkey, who believes
himself Indispensable for the, Chris
mas feast. Fifty cents a pound is the
present selling price Cor first class
turkey. and at that n meat dealer
said this morning that the birds ar
scarce. Goose is, plentiful, an
! is selling for 80 cents the pound. while
chicken rated as first class is bringing
%, cents the pound.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-12-20
MADE FOR
ORGANIZATION OF
POULTRY SOCIETY

49, AEtNA GAIN aS&GE N=LL rAAI - AEA NAE1
The perfection of poultry ~associa=
ton for this se%ctionssofst The state Will
be the object of a meeting tosbe held
in the Farmers.Yo OF the court
tEy 2. r.. MontgoMery,, secretary of,the
Grand Forks Fair a~sapsiation.
Inquiries weressreceftly sent out, BY
Mr.. Montgomeryzato poultry fanciers of
this section, q s tosthe desirabflity of
uchSanSorganization. The response
was Immediate, and the communica-
tons received from the various -raisers
ct poultry indicate that a great deal
g stnterest is manifested irSthe orsanit
zatton of such an association.
Plans ,wiM be made to affiliate With
the American Poultry association,
and through it to encourage the de-
sire, for better stock, better products,
better nicholson feeding. handling
,andamarketing, in. short a more profit
able poultry business.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-12-20

Only four more days. left In which
to prepare for Christmas. And still
there. are not enough funds turned in
to provide Christmas parcels for all Of
the children % the Santa Claus Girls
list. There arc more than four hun
dred children for whom the Santa
Claus Girls are anxious to provide
Christmas happiness and good cheer,
but they stsll are in need of funds.
As Christmas draws lei and the
spirit of happiness. and holiday joy
beings to make itself felt. doesn't it
inspire you to share whatever you may
have in the a of good fortune, with
those who Ire less fortunate? Especi-
ally the children-Christmas belongs
to them, and no child should be al
lowed to feel that Santa Claus has
passed them by. or that Christmas
isn't the really. truly happy time that
they believe it should be. But. unless
Santa Claus gets some help this year.
there will be children in Grand Forks
who will have only tears and heart
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-12-20
New Grain Rates
Effective Dec. II

Fargo, N. D., Dec. 2o.-N. E. Will
liams, traffic director Of the Fargo
Commercial club, has received infor-
nation from Henry Blakeley. freight
traffic manager for the Northern Pa
cifac, hat reductions in the. rate on
grain, ordered. last Friday by the
Mr.. Williams said this will have the
effect Of reducing rates on wheat from
points in this territory 49, 2-3 per
cent and. further reduction III the
rates on coarse grains, such al corn,
oats. barley n rye of 10 per cent
additional.
1t also means a reduction Of ap-i
proximately three cents per hundred
st. Paul. and a reduction of approx
'lnately S cents a. hundred in the rate
on COARSE grains, 49,