davidaulloa/AmericanStories huggingface dataset:
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-04-07
March 3-April y
NOTICE OF MORTGAGE FORE
CLOSURE SALE.

NOTICE is HEREBY GIVEN,
That default has occurred in the con-
ditions of hat certain mortgage
dated the 18th day of July, 1928, ex-
ecuted by Hans F. Meyer and Betsey
M. Meyer, his wife, as mortgagors,
to The Prudential Insurance Com
pany of America, corporation Great
ed under the laws of the State of
New Jersey, Newark, New Jersey,
as mortgage, filed for record in the
office of the Register of Deeds in and
for the County of Redwood and State
of Minnesota, on the Goth day of
July, 1923, at 9:20 o'clock A. M. and
recorded in Book 70 of Mortgages,
on Page 1870; that no action or pro-
ceeding has been instituted at law to
recover the debt secured by said
mortgage or any part thereof; that
there is due and claimed to be due
under said mortgage including inter-
est to date hereof, the sum of Eighty
Seven Hundred Eighteen and 67-100
Dollars ($8718.67), and that pursuant
to the power of sale therein contain
ed, said mortgage will be foreclosed
and the tract of land lying and being
in the County of Redwood, State of
Minnesota, which is in said mortgage
described according to the map or
plat thereof on file in the office of
the Register of Deeds in said County,
as follows, to-wit:
Northwest Quarter (NWA) of
Section Thirty-Five (35), Town
ship One Hundred Ten (110)
North, Range Thirty-Six (36),
West of the Fifth Principal
Meridian, according to the Unit
ed States Government Survey
thereof, together with all the
Entertainments and appurten-
ances thereunto belonging,
will be sold by the Sheriff of said
County, at public auction, on Satur-
day, the 10Th day of April, 1892, at
ten o'clock A. M. at the front door of
the Court House, in the City of Red
wood Falls, in said County and
State, to pay said sum and interest
thereon to the date of the sale, taxes
if any and the costs and disburse-
ments of such foreclosure and sale,
including attorneys fees, subject to
redemption within twelve months
from said date of sale.
Dated: March list, 1882.
THE PRUDENTIAL INSURANCE
COMPANY OF AMERICA,
Mortgage.
II. C. Rowberg,
Attorney for the Mortgage,
834 Mcknight Building,
Minneapolis, Mimi. 35-6ts.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-04-07
March 3-April y
NOTICE OF MORTGAGE FORE
rr ocrTpu CAFE

k08IC0 o-AQK11
NOTICE OF MORTGAGE FORE
CLOSURE SALE.
NOTICE IS HEREBY GIVEN that
default has been made in the condi-
tions of that certain mortgage ex-
ecuted by Matthias O. Gimmestad,
widower, as Mortgagor, to The
Northwestern Mutual Life Insurance
Company, corporation organized
and existing under the laws of Wis
consin, and having its principal place
of business at Milwaukee, Wisconsin,
as Mortgage, dated the 18th day of
July, 1919, and recorded In the office
of the Register of Deeds of Redwood
County, Minnesota, on the 9th day of
August, 1919, at 2:10 o'clock P. NJ,
in Book 72 Of Mortgages on page 124;
that the principal debt of 100000
secured by said mortgage is past due
and unpaid, with interest thereon at
the rate of $50 per annum from jan
uary %, 1881; that on January 80,
1882 said mortgage paid the taxes
assessed against the mortgaged pre-
misses for the year 1880 amount
ing to $64.21; that there is claimed
to be due on said mortgage at the
date of this notice, including said
taxes, the sum of Three Thousand
Two Hundred Twenty-six and 97-100
Dollars ($3,226.97); that no action or
proceeding has been instituted at
law, or otherwise, to recover the debt
secured by said mortgage; that by
virtue of the power of sale contained
in said mortgage and pursuant to the
statute in such case made and provid-
ed, the said mortgage will be fore
closed by sale of the lands and
premises covered by said mortgage
and which are described therein as
follows, to-wit:
The southeast quarter of the
southeast quarter of section
number nineteen and the west
half of the southwest quarter of
section number twenty, in town.
snip uuIuDtT Vic uuIlulC GU 1OuA-
teen north, of range number
thirty-seven west, situated in the
County of Redwood and State of
Minnesota;
which sale will be made at public
auction to the highest bidder for
cash by the sheriff of said Redwood
County, at the front door of the
court house in the city of Redwood
Falls, in Redwood County, Minnesota,
on Saturday, the 18th day of April,
1892, at two o'clock P. M, to satisfy
the amount then due on said mort
gage and taxes paid as aforesaid, to-
gether with the costs of such sale and
SIS attorneys fees as stipulated in
said mortgage, subject to redemption
at any time within one year from the
date of sale as provided by law.
Dated February 20, 1882.
THE NORTHWESTERN MUTUAL
LIFE INSURANCE COMPANY,
of Milwaukee, Wisconsin,
Mortgage,
EMILE-VALERE NOBLE,
Attorney for the Mortgage,
Marshall, Minnesota. 35-6ts.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-04-07
March 17-April 2D
NOTICE OF MORTGAGE FORE
CIOSTTRE SALE

Notice is Hereby Given: That de-
fault has occurred in the conditions
of a certain mortgage executed by
Herman Kohl and Cecilia Kohl, his
wife, mortgagors, to H. F. Williams
& Co., mortgage, dated September
10, 1880, filed for record on Novem-
Der 20, 1880 at 9:10 o'clock A. M. and
recorded in Book 1O1 of Mortgages on
Page 152 in the office of the Register
of Deeds of Redwood County, Mime
sofa. said mortgage having been duly
assigned to The Mutual Benefit Life
Insurance Company by written as
signment filed for record on Decem-
Der 5, 1880 at 4:10 o'clock P. M. and
recorded in Book SO of Mortgages on
Page GOA in the office Of the said Re-
gister of Deeds; that no action or pro-
ceeding at law has been instituted to
recover the debt secured by said
mortgage or any part thereof; that
there is due under the terms of said
mortgage the sum Of $14,50O. as
principal and the sum of $797.50 as
interest together with accrued inter
est on said items, making the total
amount due and claimed to be due
upon said mortgage at the date of
this notice the sum of $15,327.88;
that pursuant to the power of sale
contained in said mortgage, the same
will be foreclosed in accordance with
the statute in such case made and
provided by a sale at public auction
of the premises described in and con-
veyed by said mortgage. to-wit:
The Southeast quarter of Sec
ton IL, and the North half of the
Northeast quarter, and the
Southeast quarter of the North
east quarter of Section Is. all in
Township Iii North, of Range 35
West of the Fifth Principal
Meridian. Redwood County, Min
nesota;
that said sale will be held by the
Sheriff of said County at the front
door of the Court House in the City
of Redwood Falls, said County and
State, at 1000 o'clock A. NJ. on Sat-
urday, April 80, 1882, to pay said
claim with interest thereon to the
date of the sale, together with the
costs and disbursements allowed by
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-04-07
March 24-31-April y
PETITION FOR PROBATE OF

March Z4-0l-Apfll ~
CITATION FOR HEARING ON
PETITION FOR PROBATE OF
WILL.
State of Minnesota, County of Red
wood, SIS. PROBATE COURT.
In the Matter of the Estate of
Anna Anderson, Decedent.
The State of Minnesota to All
Whom it May Concern
WHEREAS, Elmer Anderson of
the Township of Granite Rock in said
County and State has deposited in this
court an instrument in writing pur-
porting to be the last will and testa-
ment of Anna Anderson, late of the
County of Redwood, State of Mime
sofa, together with his petition pray
ing that said instrument be allowed
and admitted to probate, and that
letters testamentary be granted
thereon to Rosetta Knott which in
strument and petition are on file in
this Court and open to inspection, 1T
is ORDERED That said petition be
heard on the End day of May, 1882 at
ten o'clock A. NJ, at the Probate
Court Room in the Court House, at
the City of Redwood Falls, in said
County and State; that you be and
appear before this Court at said time
and place and show cause, if any
there be, why said petition should not
be granted; that you file your objec-
tions, if any there be in writing, in
this Court to the allowance of said
will before said hearing; and that
this citation be served by the publica-
ton thereof according to law in the
newspaper known as The Redwood
Gazette, and by mailing copy there
of to each of the heirs at least four
teen days before the day of such
hearing.
Witness, the Judge of this court
and the seal thereof this 23rd day OF
March, 1882.
A. r. Il. LAUDON,
Probate Judge.
N. r. Ryerson,
Attorney for Petitioner.
(Seal) 38-3ts.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-04-07
March 17-April 21)
NOTICE OF MORTGAGE FORE
CLOSURE SALE

CLOSURE SALE.
NOTICE is HEREBY GIVEN,
That default has occurred in the con-
ditions of that certain mortgage
dated the 9th day of December, 1924,
executed by Julius III. Melges and
Carrie j. Melges, his wife, as mort
gagors, to The Prudential Insurance
Company of America, a corporation
created under the laws of the State
OF New Jersey, Newark, New Jersey,
as mortgage, filed for record in the
office of the Register of Deeds in and
for the County of Redwood and State
of Minnesota. on the 10Th day of De-
cember. 1924, at 9:20 o'clock A. M.
and recorded in Book 70 of Mort
pages, Page 142; that no action or
proceeding has been instituted at law
to recover the debt secured by said
mortgage or any part thereof; that
there is due and claimed to be due
under said mortgage including inter-
est to date hereof, the sum of Nine
Twilight Hundred Seventy-One and
55-100 ars-($9871.55), and that
pursuant to the mower of sale therein
contained, said mortgage will be fore
closed and the tracts of land lying
and being in the County of Redwood,
State of Minnesota, which are in said
mortgage described according to the
map or plat thereof on file in the of
fee of the Register of Deeds in said
County, as follows, to-wit:
The West Half of Northwest
Quarter (W1z of NWA) and the
en- tire Sout west Quarter
(SWA) of Section Twelve (12),
Township One Hundred Twelve
(112) North, Range Thirty-Seven
(a7), also described as North
west Quarter of orthwest
Quarter (NWA Of NWA), Lots
One ~. Seven (7), Six To- and
that part of Lot Two W lying
South of The East and West
Quarter line through Section
Twelve (12), and the South Half
of Southwest Quarter (Sk of
SWA) of Said Section Twelve
(12) in said Township and Range,
according to the United States
Government Survey thereof, to-
gether with all the heredita-
ments and appurtenances there
unto belonging,
will be sold by the Sheriff Of said
County, at public auction, on Satur-
day, the 30th day of April, 1882, at
ten o'clock A. M. at the front door of
the Court House, in the City of Red
wood Falls. in said County and State,
to pay said sum and interest thereon
to the date of the sale, taxes if any,
and the costs and disbursements OF
such foreclosure and sale, including
attorneys fees, subject to redemption
within twelve months from said date
Of sale.
THE PRUDENTIAL INSURANCE
COMPANY OF AMERICA,
Mortgage.
Dated: March IA, 1882.
H. C. Rowberg
Attorney for the Mortgage,
834 Mcknight Bldg,
Minneapolis, Minnesota. 37-6ts
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-04-07

March 3-April y
SHERIFF'S NOTICE OF FORE
CLOSURE SALE UNDER JUDO
MENT.
State of Minnesota, county of Red
wood. District Court, Ninth judicial
District.
Southern Minnesota Joint Stock
Land Bank of Minneapolis, formerly
Southern Minnesota Joint Stock
Land Bank of Redwood Falls, Mime
sofa, federal corporation. Plaintiff,
VS..
George S. Davis, Jennie Davis and
the Farms Company, corpol alton,
Defendants.
Notice of Sale Under Judgment of
Mortgage Foreclosure
NOTICE IS HEREBY GIVEN:
That by virtue of the judgment en-
tered in the action above entitled,
whereby it is adjudged, among other
things, that there is due to the plain
tiff the sum of Eleven Thousand Four
Hundred Thirty-one and 36-100 Dol
lars and interest thereon from the
twenty-ninth day of February, 1882
at six per cent per annum, and that
the land therein described be sold 20
satisfy the same, with the costs and
expenses of such sale, a certified
transcript of which judgment has
been delivered to me by the court, |,
the undersigned sheriff of the County
of Redwood, State of Minnesota, will
offer and expose for sale at public
auction to the highest bidder, on the
sixteenth day of April, 1882 at ten
o'clock A. NJ, at the front door of the
Court House in the city of Redwood
Falls, in said county and state, the
land described and directed to be sold
in said judgment lying and being in
the County of Redwood, State of Min
nesota, to-wit:
The south Half of the North
west Quarter (S1s of NWA) of
Section Fifteen (15) and the
South Half of the Northeast
Quarter (S1s of NEA) and the
Northwest Quarter of the North
east Quarter (NWA of NEA)
of Section Sixteen (16), all in
Township One Hundred Twelve
(112), Range Thirty Four (34),
containing 200 acres, more or
less, according to the Govern
ment survey thereof
or so much thereof as shall be ne
cessary to satisfy said judgment, the
interest thereon, and the costs and
expenses of such sale; subject to re-
demption within one year from the
date of conformation of said sale.
Dated March l, 1892.
L. ]. KISE,
Sheriff.
George A. Barnes,
Attorney for Plaintiff,
Redwood Falls, Minnesota. 35-6ts.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-04-07
law.
Dated March IA. 1882.
THE MUTUAL BENEFIT LIFE
INSURANCE COMPANY,
Assignee of Mortgage
731 First National 500 Line Bldg,
37-6ts. Minneapolis, Minnesota.
March 10-April 14)
NOTICE OF MORTGAGE FORE
CLOSURE SALE.

CLOSURE SALE.
WHEREAS, Default has been made
in the conditions Of that certain
mortgage executed by Harley D..
Hewitt and Edith L. Hewitt, his wife,
of Redwood County, Minnesota, mort
gagors, to Anthony T. Fox of Mar
tin County, Minnesota, mortgagee,
dated February 18th, 1880, and re-
corded in the office of the Register
of Deeds for Redwood County, Min
nesota, on the LIST day of March, 1880,
at 11:15 o'clock a. m. in book SO of
mortgages on page LAB, conveying
and mortgaging the following des-
cribed premises situate in Redwood
County, Minnesota. to-wit:
The Northeast Quarter (NEA)
Section Thirty-Two 1927 Town
ship One Hundred Nine (109)
Range Thirty Eight 1881 West,
of the 9Th P. M. Containing One
Hundred Sixty Acres more or
less according to the U. S. Gov
eminent survey thereof.
AND WHEREAS, By said default
the power of sale in said mortgage
contained and Herewith recorded has
become operative and there is claim
ed to be due and there is due on said
mortgage at the date hereof, with in
terest thereon, the sum of $6,366.OO,
according to the stipulations of said
mortgage, and no action or proceed
ing having been instituted at law or
otherwise to recover said debt, or any
portion thereof,
NOW THEREFORE, NOTICE is
HEREBY GIVEN, That by virtue OF
the power of sale in said mortgage
contained and Herewith recorded, and
pursuant to the statute in such case
made and provided, said mortgage
will be foreclosed by sale of said
mortgaged premises by the sheriff
of Redwood County, Minnesota, at
public .vendue to the highest bidder
for cash at the front door of the
court house in the City of Redwood
Falls, in Redwood County, Minneso-
ia, on the 22nd day of April, 1882, at
ten o'clock in the forenoon of said
day, to satisfy the amount that will
then be due on said mortgage, the
taxes, if any, on said premises, and
the costs and charges of this fore
closure, including the sum of $500
as attorneys fees as stipulated IN
said mortgage.
Dated at Fairmont, Minnesota,
March 9Th, 1882.
ANTHONY T. FOX,
Mortgage.
McCune and McCune,
Attorneys for Mortgage,
Fairmont, Minnesota. 36-6ts.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-04-07

Trade in Redwood Falls first.
The Washington times., 1932-06-14
Bank Pdrley Sports
Winners Announced

Winners of the sports contests
staged during the convention OF
the District Bankers Association,
last week, at Hot Springs, Va,
are announced as follows:
Mangan Cup, Charles Carroll
Morgan, winner; Frederick P. H,
Siddons, second. Hibbs Cup, Will
liam John Eynon; Pop" Flem-
ing Cup, Robert V. Fleming; Nc
Lean Top-Spinning Cup, Maurice
Otterback; Gruver Cup, horse
shoe pitching, S. Wilson Earn
shaw; second, John H. Hulse;
Hatton Golf Cup, Maurice E.
Horton; Shannon Golf Cup,
Charles H. Doing; McLachlen
Cup, Charles T. Claggett; Francis
G. Addison, second.
Winners in the Tom Thumb
golf contests were: George Will
son, Mrs. Thomas w. Brahany,
Thomas w. Brahany, Frank S.
Hight and Mrs. John Poole.
The Washington times., 1932-06-14
BUY own STOCK,
FIRMS URGED

AS a check on the further de-
cline in security prices corpora
tions were urged to utilize sur
plus cash for the purchase of re-
tirement of their securities, by
]. Stewart Baker, president of
the New York State Bankers
Association, at the convention pe-
ing held at Rye, N. Y.
A three-fold advantage was
seen by Mr.. Baker in the general
adoption of such a policy. First.
it would reduce the amount of
securities outstanding which in
turn would decrease collateral
loans and tend to check the fall
in security prices.
Second, it would cause corpora
tionS to borrow from the banks
to take care of their seasonal re-
quirements, thus increasing the
supply of eligible commercial
paper.
Third, it would benefit the re-
naming bondholders and stock
holders, for the securities.
whether they be bonds. deben-
lures or stock, could be bought
considerably below par or book
value.
The Washington times., 1932-06-14
STOCKS FOLLOW
: UPSW|NG Of
DOLLAR
BY LESLIE GOULD

NEW YORK, June IA GN.SO
The stock market today followed
The dollar to higher levels, ignor.
ing other bearish developments.
Strength in the dollar was out
standing with all foreign curren-
cies falling we'll below the point
at which further shipments of
gold we're profitable, and the
French franc slipping near the
level where a return flow was
possible.
Wheat Drop Ignored
This stimulated the market and
leading stocks gained a point or
more each with issues harboring
large short interests, like East
man Kodak, hitting as much as
3 points.
The speculative com m un ity
ignored renewed weakness in
wheat in domestic and foreign
markets and the sharp decline in
reserve member bank loans and
Investments for the week, indi-
eating renewal of liquidation of
securities.
Car loadings were down $4,000
For the week ended June /,
which included Memorial Day.
dhiS, however, failed to have any
dampening effect on the list and
even rail shares worked higher,
led by Atchison and Union
Pacific.
Another stimulating develop
ment occurred around the noon
hour in the statement of Senator
McNary that he anticipated an
adjournment of Congress by Sat
Mrday.
Flurry' in Sugar Stocks
The days unfavorable news in
Eluded omission of the New Haven
Railroad "referred dividend and
prediction that Western Union
would certainly cut and probably
omit its 81 rate later in the day
Neither stock was affected, how
ever, and Western Union actually
ruled higher.
Sugar stocks staged a furry on
Oontinued strength in the raw and
futures markets. Another ad-
vance developed in the alcohol
stocks and issues like Owens Bot
tie on growing strength of the re-
peal movement in the Republican
party as the convention got un-
der way.
The Washington times., 1932-06-14
Sales of Pigments
Dip Sharply in Year

An advance summary by the
United States Bureau -f Mines
shows sales of IL lead pigments
and of all zinc pigments and
salts, with the exception of loaded
zinc oxide and zinc chloride, reg.
istered decreases in 1881, follow
ing substantial declines in all
lead and zinc pigments and zinc
salts in 1880.
Decreases in lead pigments
sales in comparison will 1880
were as follows: Red lead, % per
cent; orange mineral, Il per
cent; orange mineral, 81 per
cent: basic lead Sulphate, l6 per
cent; litharge. II per cent, and
white lead, dry and in oil, each
5 per cent.
The Washington times., 1932-06-14
COTTON FIRMS
Up IN LATE
TRADING

NEW YORK, June IA G.N.SJ.
Cotton futures showed a firmer
tone in late trading today, fol.
lowing a slightly easier opening.
Trading at the opening was
featured by the ready way in
which heavy liquidation Of July
was absorbed.
The liquidation, which came
from all around the cotton ring,
was taken up by price-fixirg
orders from the trade through
spot houses and by brokers with
japanese connections.
Price-Fixing Orders
A broker acting for a large
spot, firm bought 5000 bales of
July. With cables slightly lower
than due, the market opened un-
changed 70 4 points lower, then
rallied on fairly large volume
of buying orders.
Trading during the greater
part of the session was active
There was support from commits.
sion houses and Wall Street in
distant months on continued
rains in the belt and on steadi,
ness in the goods market.
Scattered Selling
New Orleans and the Cont
nent bought. There was scat
tered selling from wire firms and
the South. Liverpool also sold.
Prices at noon were l to 3
points higher, with July up 6
at STA, October up 6 at 5.39,
December up 9 at 5.55, January
up 8 at 5.61. March up at
STA, and May up l at 5.86.
The Washington times., 1932-06-14
James RiUer Bridge
Bond Group Formed

A protective committee for
James River Bridge Corp, first
612s, due 1858, has been formed
with Awhile Eeagr, of Baltimore,
as chairman.
The company states that there
will not be sufficient funds on
hand to meet July l interest,
payments and the committee has
formulated a plan for the ad
justment of the interest. The
plan calls for the deposit of
bonds with the First National
Bank of MARYLAND.
The Washington times., 1932-06-14
Congress Is Scored
By Flour MdgnGte

Present economic uncertainty
can be abolished if Congress
withdraws from competition with
private business and gets back
to the fundamental basis on
which and for which it was
founded, J. S. Pillsbury, vice pres
ident of the Pillsbury Flour Mills,
told a national radio audience
last night.
Mr.. PillSbury classed uncer-
tainty as the greatest single fac
tor responsible for the continue
ton of unsettled economic condi
tionS and placed Congresses ig-
norance of public desire as the
chief cause of it.
The Washington times., 1932-06-14
Australian Banks
Increase Deposits

Notable features Of recent Aus
tralian banking statistics are an
expansion of deposits and contrac-
ton of advances. The total de-
posits of the trading banks rose
from $1,286,6 ,657,11O at the end Of
September, 1881, to $1,342, ,291 ,035
as of December 81, 1881.
The total of non-interest bear
ing deposits increased from $780,
400, ,955 to $436, ,257 .230 in the final
1881 quarter, while intereSt-earn-
ing deposits rose from 1895, 1885,
l55 to $9O6, ,O33, ,7s5.
The Washington times., 1932-06-14
CHICAGO LIVESTOCK

CHICAGO. June u GN.sD.-Hogs-
$4,000: 5@1Oc higher: top. $3.75; bulk,
$3.20@S.7O; heavy $S.20@3.55: me-
light lights, s3.25@365; packing sows
$2.SO@31; pigs, $2S5@3.4O. HoIdovers
4,OnO.
CattIe-$7 900: steady. Calves 2,5OO;
steady Beef steers-Good and choice
$6@T75: common and medium, S4.75 q
Q: yearlings s5@75O Butcher cattle
Heifers, $4665O; cows, $3.756A75;
bulls $2.5O04: calves, $507; feeder
steers S4.25 @5.75: stocker steers. S3.75
@55O: stocker COW and heifers, 1904.
Sheep-sOOO: steady Medium and
choice lambs. &607: CulIs and common
A@S; yearlinss. a66; common and
choice ewes. SlG225; feeder lambs,
9lSOn5
The Washington times., 1932-06-14
NeW du POnt Sales
POLicy Significant

The du Pont policy of selling
directly to the consumer may fore
shadow the complete development
of the vertical combination in
chemical manufacture, William
Haynes, editor of Chemical Mar
ket, says in discussing American
Chemical Mergers" in Industrial
and Engineering Chemistry, Jour-
nal of the American Chemical So
ciety.
The sales policy, Mr.. Haynes
points out, may be very signifi-
cant, for, if the logic of the verti-
cal combination is to be carried
to its ultimate conclusion, the
maker of chemical raw material
will become the manufacturer of
the chemical consumer goods.
The Washington times., 1932-06-14
NeUD York PGyrOUs
And Jobs Lou in Mau

Factory employment in May
reached the lowest point since
1921, and were the lowest since
1915.
The employment decrease was
SIT per cent, bringing the index,
based of the average for 1925-27
as 100, to $40. The payroll drop
almost 10 per cent-brought the
index to 45.3.