davidaulloa/AmericanStories huggingface dataset:
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-11-10
HOLIDAY ENJOYED
BY THE BULLDOGS
No Game Carded for Week
End; Vaughn, Ayscue
Are Now Eligible

Coach Bing Miller gave his charges
a. rest yesterday afternoon, after they
had been shellacked 13 to by OK
ford the previous Friday in the an
nual grid clash between the elevens
of the two schools.
Vaughan and Ayscue are eligible
for the team again after a two weeks
suspension for infraction of train
ing rules.
The lads have no contest carded
for the weekend as far as was learn
ed today, but Coach Miller is nego-
tiating for a contest for the home lot.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-11-10
NOTICE.
In The Superior Court.

In The Superior Court.
North Carolina:
County of Vance:
S. o. Spruill, Administrator of Fannie
Eva Spruill and S. O. SpruilI in his
own right, and Geneva SpruiIl, wife
of S. o. Spruill.
VS..
Sarah SpruilI, widow of DIR. w. T.
SpruilD, Willie Spruill and Annie
Sprufll, his wife, Eva Spruill Nc
Ghee and b. G. McGhee, her hus-
band, Lee Spruil and Ruby Spruill,
his wife, Paul SprOill and Ida
Spruill, his wife, Hugh Spruill and
Ella Spruill, his wife, C. P. Spruill
and Sadie Spruill, his wife, Allen
G. Spruill and Louise SpruilI, his
wife, Lilly Spruill, widow of Geo.
e. SpruilD, Brownie Spruill Ellen
and John Ellen, her husband, Frank
SpruiH and jeanette SprlliII, his
wife, b. T. Spruill and Annie
Spruill, his wife, Teiser b. Gill and
Ruth Gill, his wife, j. S. Fulghum
(widower of Ada Richardson Full
ghum), Fanny Parker Widow, Sc
bastian Richardson and Sumpter
Richardson, his wife, Claude Pope,
(widOwer of Myrtle King Pope,
Ernest King and Louise King, his
wife, Edward Pope, Jr., and Mary
Pope his wife, Willie Richardson
(widower), Evelyn Richardson (di-
vOrced wife of Edwin Richardson,
deceased) and Lonnie Richardson,
widow of Edwin Richardson, de-
ceased) and Mildred Richardson,
age II and Ruth Richardson, age
Is, the last two being unmarried
minors, represented in this action
by ID. p. McDuffee, Guardian al
Litem.
Under and by virtue of authority
vested in me in a judgment OF the
Superior Court of Vance County IN
the Special Proceeding entitled S Y.
Spruill, Administrator ct al against
Sarah Spruill, ct al, as above, Whlch
case being number 1929 on the Judg-
ment Roll of the Probate Summons
docket in the office of the Clerk OF
the Superior Court Of Vance County
I will sell, by public auction, 10 the
highest bidder, for cash, at the court
House door in Henderson, vance
County, N. c., at IL o'clock, noon, on
Saturday the 21st day of November,
1896, the following described real
estate:
First Tract: Being a house ana io'
on Chestnut street in the city OF f1eii-
derson, described as follows:
Begin at S. ]. Lanes corner on
Chestnut street run thence along
Chestnut street IS feet to c. K. rage
corner, thence easterly along Fas0
line 100 feet to line of Coghlll bSld'e,
thence parallel with Chestnut street
So feet to S. j. Lane line, thenos
along Lane line 100 feet to place u
being the same land con,
veyed to Kate S. Gill and Eva Spruii,
by deed dated Nov. 9Th, l9El' anu
recorded in the office of the Regls,ea
of Deeds of Vance county, see ai0o
deed for part interest in this lano ..
record in book 1874 at page 49, vance
County -
Second Tract: Being house ana 'oe
on Hamilton Street, descsf0eo
follows: =.
Begin at a stake on Hamilton ~.
run then easterly 176 feeI
Cooper line, thence Westerly 70 leer
to Smith property. thence alomS
Smith line 176 feet to the beglnnins,
see deed of record in book 13f at pas'
271 to which reference is here niau e
High bidder will be required 70 ~ S;s
post 10 percent of the amount o. ,i 80.
bid to guarantee compliance penoi"s
confirmation.
This goth, of October. 1880,
sxa J. C. KITTRELh
Commissioned
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-11-10

students than we had at the time the
peak appropriations were made for
the three institutions when they OPP
Grated independently, the $1,612,559 we
ask is 100000 below the peak alloca-
tions made to them individually
Other educational institutions were
heard this afternoon.
The Highway and Public Works
Commissions request for State appro-
priations called for $29,971,922 for
1898, and $27, $50 for 19B8-39.
Capus M. Waynick, chairman of the
commission, explained to the budget
makers, "our projected budget has
been made up on the assumption that
there will be no further diversion of
highway funds to the general fund,
and that the present automobile Ii
cense plate fees will not be reduced.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-11-10

1S52-Henry Van Dyke, preacher,
poet, essayist, diplomat, patriarch of
Princeton University, born at Ger
mantown, Pa. Died April 10, 1893.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-11-10

1925-France's Council of War con-
demned to death by default a Ger
man colonel for cruelties in war; ten
years ago.
Evening star., 1936-09-27

WIDOW. IN GOVERNMENT SERVICE, de-
with agreeable couple or another lady;
individual bed rooms. piano and radio
desirable neighborhood, on GOOD car line.
Wisconsin 5455
Evening star., 1936-09-27

ONE ROOM KITCHEN AND BATH; HOT
and cold water. cleo. gas; 2nd floor front;
price reasonable. Call after pm, 4OI
NJ St NV ''
Evening star., 1936-09-27
GEORGETOWN.

5000 Street
End floor. 4 rooms, kitchen. bath porch.
New and unexcelled in appointments and
atmosphere. S125.
L. A. BALDWIN, Architect. Nat. 0O12
Evening star., 1936-09-27
osn osth CIT NUy

OVV 1VUXI 01 3N.Vs
At K st.
Apt. of 2 rooms. kitchen and bath
$3.50 Resident manager. West 1867.
Evening star., 1936-09-27

CLEVELAND FAFk---AII IRACIIVE PRIV.
home. 3 roomc, bath. Non -nousekeepine.
Gentleman. Cleveland 1870
1886 TAYLOR ST. N.W-BED-LIV. RM..
kit. seml-priv. bath, c.h.w.: clec., gas
furnished. Enployed counle.
GEORGETOWN. 3O36 DENT PL. NV.
tbetween Que d RI large front rooms,
Ink: adults. $40 month.
Evening star., 1936-09-27

331 e ST. NE-Si5 PER MO; BRIGHT
rooms REFRIGERATOR hot water, gas. elec-
tricity; everything furnished refined people.
Evening star., 1936-09-27

k4O.UO-2SOO I4tn ST. N.W.--I R, K,
THOS. D. WALSH. INC.
SIS 18th St. NV. District 1858.
WILL SHARE ATTRACTIVE APARTMENT
with cultured woman, Fully furnished
three rooms. reception hail kitchen and
bath. Within walking distance Government
departments. Call Sunday between T. and
. m. 1905 5th st. NV. Apt. 504. .
141s goth ST NW.-FURNIS'HED APART
ment. 3rd foor. Reasonable. Decatur
Evening star., 1936-09-27
HAMPSHIRE COURTS.

505I-5061 NJ H. Ave NV
2 rooms, kitchen, dining alcove and tile
bath, $50
3 rooms, kitchen. dining alcove and
tile bath. S67.50 and $1,000.
WEAVER BROS, INC,
Evening star., 1936-09-27

Two RMS. AND BATH IN PRIVATE
residence; heat gas electricity furnished;
private entrance: y block from car and
bus line: 20 minutes from 4th and Penn.
ave; $50 per month tno children. Cleve-
Evening star., 1936-09-27
$3.50.

1925 Girard uv.-Porch. living rn.. bed
rm. large closet: hish eeiifnEs; Kitchen.
eu1lt.M cabinet eiee. 'fefrigerntton. built
Evening star., 1936-09-27

NICELY FURNISHED > ROOMS AND sun
room. kitchenette and bath. Elec. re-
only 2l2G Randolph pI. ne, J block OF
Bladensbure ri. Atlantic 5a16-W
Evening star., 1936-09-27

CASTLE MANOR.
2515 18th st.
Near Clifton St
Apt. Of 8 rooms, kitchen and bath, $50 90.
THOMAS J. FISHER & CO., INC,
Evening star., 1936-09-27

home: End floor: two or three rooms, pri-
vate bath. large kitchen.
203 CLAIMING ST. Ne ROOMS.
Kltentn. semi-bath; S35; heat, light
and gas included: adults.
TWO LARGE ROOMS. KITCHEN AND
bath: - 80 s39-A Rock Greek Church
Evening star., 1936-09-27

THE EMBASSY.
1913 Harvard St. at
Mt. Pleasant st.
Apt. OF 3 rooms. dinet, kitchen and
bath. $3.50.
Switchboard and elevator service, resi-
dent manager. Col. 1900.
Evening star., 1936-09-27

l RM., KITCHEN BATH, GARAGE; PRI-
vate entrance; phone. Frigidaire; 8 min.
Govt depts; bus line. 700 18th st. g.,
Virginia Highland
Evening star., 1936-09-27

UNUSUAL OPPORTUNITY FOR RIGHT
person Lady out of town great deal,
wishes to share well-furnished apartment;
rooms bath and kitchenette. Cleveland
Park with intelligent. cultured girl or
woman: very reasonable. Adams 956l-W
or Cleveland e4ol.
Evening star., 1936-09-27

1901 BELMONT RID. NW-ONE LARGE
room. kitchenette; beautifully furnished
as living room. bed room; windows ex.
cellent heat; first floor; employed adults
only: $40: Ras and electric included
Evening star., 1936-09-27

1416 CHAPLIN ST. NV.
5 rms. b.. porch. 3 exp: redecorated:
Frigidaire. Col. 2696; rent. $3.50. See
Janitor.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
HOGS DISPLAY
UNEVEN TREND
Prices Steady to 10 Cents
Lower; Veals, Lambs
Stationary.

Although receipts were estimated
at 5000, porker prices were steady
to only 10 cents lower today at the
indianapolis Union Stockyards.
Weights ranging upwards from 100
pounds showed the full decline.
Demand, however, was slightly
improved compared with recent ses-
sionS. Only 81 head of hogs were
held over from yesterdays market.
The top price paid for good and
choice weights was $3.50.
The bulk of 100 to 225 pounds
cashed in at $9.45 to $955. Medium
heavyweights, from 225 to 26O
pounds, brought $3.50 to $40. Ex-
IRENE heavies, ranging upward from
1925 pounds sold at $3.50 to $500.
Light lights, 1870 to $50 pounds, were
saleable at SO to $3.50. Packing
sows held at SITS to $3.50.
Trading developed slowly in the
cattle market, and prices were I'M
evenly lower. Few light yearlings
held about steady. The bulk price
was not established. Receipts num-
bered $500.
Vealers remained unchanged,
selling at $3.50 to SO. Receipts
were 800. Sheep also were station
airy. Bulk of choice strip lambs
brought $1,000. Other classes sold
at $40 to $10.25. Slaughter sheep
were mostly Is cents lower. Re-
ceipts were 5000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
On Commission R0lU

Quotation below subject to change are
average wholesale prices being offered to
buyers by local commission dealers.)
+ FRUIT Strawberries: Louisiana. 24-at.
sLimess-eMeSiican, carton, zoe, Bsnsi, has.
ssTsn sasS'b a2s SssGa keRsswsns:
Est s $685. p s psSs
crate. $3.50. Grapes-S America 2o-ib.
box, S2.25d2.50; Honey Dews. S. America,
VEGETABLES Beans green, round
,stringless thampersl, s2.25. Beets--Texas
SSs iTsss e SSS cut St offs sas Su s. Cab Cab
$ rots-California (6-doz. crate), s2.75
: caulinower, CaliforHia tl2c cratel. $i.75
! Celery-Florida washed and trimmed
Tordo s. d los cra &c.,
: tdozl. sl75. Kale-virginia (bu.i. 7Sc
Lettuce-Iceberg. California (best IS Ss),
81; home grown leaf i5-ib, basket. Use
Basket, Sis; dez.. 4oc. Mint-HOthouse
Iustard-Texss, half crate. sl.4o.. Onions
Indiana yellow lSo-lb sa,g'' soc; new y
sParsley--southern long punches, doz.l !.
bushel. 90c hah-bushel. soc, Peas
Florida. hamper. sl:s5 Potatoes-.Michi-
3. Early Ohio, ioo-lb. bag. s2.2s: R; R.
Triumph 1o0-lh. bag, s2.25; idaho Bakers
zoe box, $3.50: New Alabama Triumphs,
sTos box, $3.50. Sweet potatoes-'Ten-
NinSg ass Out asper doz os
abagas-Northern So-lb. bag. $50.
ssage-Doz.; 4Sc. shellotsrLouisiana doa;.
Tomatoes-Repacked. io-lb. box $780,
Florida, orig t6-6l Tugs. S3.2S
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
Other livestock
(By United Press)

CHICAGO, May 12-Hogs-Receipts
$4,000 including 5000 directs; mostly I6-is
cents lower than Mondays average; in
$3.50, bulk, 14o-l7O lbs, s.75@s.25; $50
sows, sS;lo@s.s5; cattle-Receipts. 5000;
calves, $500. Fed steers and yearlings
weak. Prospects slightly lower on me-
dunn weights: about steady on yearling
and light steers: largely steer run; very
little done. Several loads held above So
Reifers about steady. Cows scarce and
weak. Bulls steady at IS down and veal
ers Is cents higher from $4,000. and
selects. $40. Sheep-Receipts 1000; ole
crop lambs lower; scattered early sales on
wooded offerir9s. $l17ii.40; few clippers
sl0@10.25; holding best above 5000:
sspring s fully steady: strictly choice ma
FORT WAYNE, Ind. May 12.Hogs. $50
:sss ssS-s5s rs . b. IS. rs
sss5: 30o-350 lbs. sS.65: 140-160 lbs, $so5;
l20-i40 lbs, $3.50; ioo-i20 lbs, ss.55
Roughs, 50; stays, So; calves, 50; lambs
Sill.
LAFAYETTE, Ind, May i2.--Markei
1915 cents lower; i76-2io lbs, 5000 10 40;
2i0-235 lbs, s9.i0@s.2o; 235-260 lbs, sea
eos; 2so-325 lbs, ss.7o6 90; i4o-i7o lbs
sa9s25; iOo-i4o lbs, se.25Gs7s: roughs
IS down. Calves. So down. Clipped lambs
$3.50 down. Wool lambs, $l1 down
Spring lambs. si2 down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
WHEAT REACTS
SHARPLY AFTER
EARLY UPTURN
Heavy Liquidation of May
Contracts Forces Prices
OFF | ga Cents.
By United Press

By United Press
CHICAGO, May 12.-Heavy liquid
alton of May contracts generated a
sharp reaction in wheat prices after
early firrnness today on the Board
Of Trade.
At the end wheat was off u to IL
cents, corn was unchanged to of II
cent. and oats were unchanged to
off IS cent.
Wheat prices opened firm as
result of the bullish government
crop report which estimated winter
wheat at around 464,000,00 bushels
lower than expected by most grain
interests.
Lower Liverpool and Kansas City
markets and light precipitation re-
ported over large part of the
Southwest wheat belt were among
the bearish factors in the downward
trend of wheat prices.
Corn, Oats Uneven
There was heavy liquidation Of
May by local operators. There was
some selling which was regarded as
spreading with rye and some buy
ing of May against sales of July
along with selling of May against
purchases of September,
Corn followed wheat in the down.
turn. Volume of trade was light.
There was some changing between
May and July. Cash corn interests
bought May and sold July while one
broker who usually acts for local
house sold May and bought July.
Oats eased in sympathy with other
grains in a dull market. Rye held
within a narrow range.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
OTHER CASH GRAIN
tBy United Press

CHICAGO, May i2.-Cash grain: Wheat
No sales. Corn-No. 8 mixed, $40 62lac;
No. yellow. CSC; No; yellow, S5@65,sc;
SIC; No. yellow, 5sls q 6o5ic; No i white aHs1
6S1ac; No. 2 white. 6s1a soc; No. 3
white, 67@6sc: No. white. 6s1ac; No. !
white, 62c; sample grade, 27@592c. Oats
291ac; No. white. 24s4@251ac. Barley
feed quoted, 30@4S nominal; mailing
quoted, 45@92 nominal. Rye-No sales
Timothy Seed $2.75@3. Clover Seed, $15m
22.50. Cash Provisions-Lard S1042 asked
loose. 1910 asked; leaf, 1892 nominal;
bellies, $13.25 asked.
TOLEDO, May 12.-Grain close: In ele-
vators-transit billing Wheat-No. red
oasNo c9rR White ysllssy fEs HsSo
591a 660Hac. Track prices, 24fac rate
Wheat-Eo. 2 red, so5sic; No. 3 red, So a
soc; CornaNo; yellow; 6s@64c;. No.
3lc: No. 8 white 25M40c
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
MARKET SHOWS
YEAR'SLOWEST
TRADE VOLUME
Last Hour Selling Sends
Many Issues Into
Net Declines.
BY ELMER C. WALLER
United Press Financial Editer

NEW YORK, May 12.--volume on
the New York Stock Echange to-
day dwindled again to set a To-
month low and prices followed the
recent pattern-early flrmness and
a last-hour decline.
The late dip took many issues
down to net declines. Early gains
had ranged to more than 2 points,
Steel shares we're depressed and
most other groups followed.
Oils appeared to receive better
support than other sections. but
were depressed from the highs.
Auburn Breaks Points
Motor shares moved narrowly un-
til Auburn developed weakness and
broke more than points from its
early high. Chrysler was depressed
to around 80 from it's high of 933k.
General Motors touched 81 and Their
eased to around So.
U. S. Steel and Bethlehem each
fell more than point from the
tops. American Can declined more
than 3 points from it's high. Other
leading industrials had correspond
ing losses. A few issues, including
Proctor & Gamble and Hershey
made new lows for the year.
Nearly all sections were depressed
from the best levels of The day. Ex-
ceptions included Holly Sugar, which
made a new high, the mercantile
shares which had gains ranging to
point, and National Lead, which
gained 2 points. Rubbers we're firm
all day. Farm shares were mixed
Silver and copper shares were
steady. Fertilizer issues dropped
when the companies reduced prices
on plant food.
Trade experts estimated that u.
S. Steel Corp. in April earned be-
tween rs and 80 cents a common
share and that the first half of the
year would make a very good show
ing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
tBy United press,

, CHICAGO. May i2.-Eggs- Market easy;
receipts. 1896 cases; fresh graded firSts
2Oisc: dirties, i9ise; checks, ice, Butter
Market steady; receipts, lisa tubs; extra,
Z 100 scorel. acc; extra firsts tso-9iia scorel
7Sc: specials. 26is 27c: standards, 2s,ac
Pouitry-Market steady 70 firm; receipts
81 trucks; ducks. i3eaieisc: geese iQGtle;
S5ns sssso: taHssys n:a bgosrs
10m25c; Leghofns, i4Nlsc: I'd boosters
Nisc; myers 25g 2sc: cheese-Twins. 1917
sl324c; daisies. i4m i4h4c; longhorns, it4
srate: demand light: market steady: idaho
7usset Burbank e2G2.io; Wisconsin
s GSns h 81, North M psssts .os sSsne
si.2odi.zS: new stock. supplies moderate;
aegnand light; market strong; Alahams
6liss TriunsahF,. 77S@3en, louisiana bliss
TrjumDhs. s3M33s: U. s. No 3 81 s0sf
Ais arrivals. SO cars: on track, $685. ship
enls, $50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12

and the Truth
in-Secu rifles
Act would kill
the expansion
Of old indus
tries and the
development Of
new ones. The
reason given
was that in
dustry was fl
nanced by the
sale Of securi-
ties, and that
the Stock Elk
change running
as q free specu-
lative market
was essential to
the floating Of
new security is
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
FRUITS AND VEGETABLES

CHICAGO. May IL. - Apples-willow
twigs,. bu., $l.l5Gl25. Carrots-Illinois,
eu., ?SM Csc. sweet Potatoes---Tennessee,
pu., $lMlio. BeAns--Louisiana. bu.. Si.25et
l.250i :so. Spinach-llifnois, hu., 35d6oc.
Tomatoes Florida, hugs, $i.5om3 ,5o Cauii-
fiower--California crates. $i,4oeti.50. Peas
,rCaliiernia hampers 81 :asGi 50. Lettuce
crates. "a 50. Onion market tSo-lb. sacks)
Texas white wax, 900s7hc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
Tangible Derived from
T DO not believe that the regula,

TIT DO not believe that the regula-
Il ton of the stock markets would
Ahave any effect upon the financing
of industry But when the tax
Ilcvier taxes undistributed earnings,
sas such, he i unquestionably
touching thc one great source out
of whicl. the funds for developing
new industries come.
Of course I do not mean that
undistributed earnings should not
be taxed. But they should be taxed
to raise revenue for the govern
.ment. A tax to force distribution
: might be very serious unless the
slawmaker has in mind some other
means of providing the money for
new enterprises. To tax SURPRISES
Is ore thing. To merely force dis
stribution of surplus funds is an
lother, The subject ought to be care
fully studied before it is pressed
.unduly.
(Copyricht 1895 by NEA Seryica. Incl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
Produce Markets

The prices quoted are paid for stock
gathered In the country, while delivered
Heavy breed hens, i6c: Leghorn breed
hens iec; old cocks. &c: ducks. white 5
IBIS and over. &c: geese fun feather. all
sizes, Sc; all guineas Ia lbs. and up, i5c:
( NO. i strictly fresh eggs loss off. tic: de-
: uvered in Indianapolis. isc. Each full
case must weigh SIS lbs. gross; deduc-
will be made. No butter 30ia Q3lIac
sNo 2 27lsQ2Slsc Butterfat. csc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
Trends
Invested Capital
Comes Largely
from Profits.
by JOHN T. FLYNN.

NEW YORK. May 12.-There is
Y one question which men who
Hake tax bills ought to ask them
selves. 1t is this: Where does the
honey to finance industry, par
tculsrly new industries, come
Rom?
When the bill TO regulate the
Stock Exchange was being debated,
Wall Street cried out that this bill
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
PLAN TO SHARE PROFITS

NEW YORK, May IA plan
whereby executives and officials of
the American Rolling Mill Co. would
share in company profits in excess
sof specified earnings is to be voted
ION at the annual meeting May 81.
sThe proposed fund is called sin
scentive compensation fund.-"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
Ne7C York Stock Exchange Prices

Sales tctaled 100000 shares, the
smallest since June Z, 1898, against
$4,000 shares yesterday. Curb sales
increased to $4,000 shares from yes
terday's $4,000.
Dow-Jones preliminary closing
averages: Industrials, 1860, off
rs; railroads, 1929, off 90; ntiIi-
ties. 29.0l, up .0s.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-05-12
27O MILLIONS
ESTIMATED AS
WHEAT INCOME
Board Expects Winter Crop
to Sell for 1874 Cents
a Bushel.
tc6pyrisht. 1886. by United Press,


WASHINGTON, May 12.-Pre-
liminary estimates today indicated
that American farmers will derive
approximately s27o,oOo,ooo from the
1s35-1936 winter wheat crop.
The estimates were based on the
Agriculture Departments crop re-
porting board forecast of winter
wheat crop of 463, 100000 bushels,
and on the current price of s41a
cents for September wheat on the
Chicago Board of Trade.
In making allowances for outside
factors which enter into the COM
piling of cash income figures, it was
noted that approximately 55,000,0 0C
bushels of wheat-both spring ano
winter-is held off the market each
year. OF this, 100000 bushels is
used for seed, 100000 for feed, and
100000 for consumption by the
farmer himself.
Based on Past Figures
Government officials pointed out
that these figures on the amount to
be held off markets are rough es-
Inmates, based on past figures. and
that sharp changes in market prices
might result in more or less being
held off the market according to
the price changes.
The winter wheat crop usually is
about twice as large as the spring
wheat crop, hence the amount OF
winter wheat which could reason
ably be expected to be held off the
market, for seed. feed, and home
consumption, would be approx
mately 100,00O000 bushels. Thus
approximately 1863, 7OS,0o bushels OF
the winter wheat crop may be ex-
pected to find it's way into regular
markets.
Government reports showed, in
past years, the average differential
between farm and market prices for
winter wheat has been about II
cents bushel, representing the cost
of transportation, brokerage fees
and similar items. Thus it would
appear that, according to current
prices. the farmer should receive
about 1914 cents for his winter
wheat crop.
Lowers Earlier Estimate
The $27O,Oo0,ooo figure is arrived
at by assuming the nations farmers
will sell 363,7OS,0 900 bushels for 1871
cents a bushel.
The estimate OF a 1853, 708, 000-
bdshel winter wheat crop showed a
drop of per cent below the esti-
mate made on the basis of April ]
conditions. This was ascribed by
the board to poor weather and lack
of moisture.
The estimated yield this year is
more than 433,447,000 bushels &C
tually harvested in 1885, but was
less than the estimate of 493, 1855, 000
bushels made by the board last
month on the basis of April j con-
ditionS.
However, the board noted, in q
general summary of crop prospects
that "since the first of May there
has been a very marked improve
ment in conditions" as a result Of
warmer weather and widespread
rains in the great plains area
where they were most urgently
needed"
The notation clearly left the in
ference that further revisions may
be. expected, forecasting larger
crops, in the report to be made next
month on the basis of June / crop
conditions.