davidaulloa/AmericanStories huggingface dataset:
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1939-03-09

legislation of benefit to the state
as whole as intimated in stories
by city news folk.
Rural Credit A Problem
The rural credit bureau, the
bugaboo of many administrations,
will cost the state some 40 million
dollars according to present esti-
mates. Just what Governor Stas-
sen has in mind is problematical
but he will undoubtedly try to
liquidate the bureau in as short a
time as possible, which will mean
few years. Every effort will be
made to get the farms in the
hands of "owners" and thus get
them back on the tax rolls. Here
is the situation:
The state has loaned $50, 900 900
on farm mortgages in about Is
years. 1t has foreclosed mortgages
until the state now owns more
than 5000 farms within an elleg-
ed value of $28,0O0,O0O, but which
would sell for far less than that.
1t is operating at an annual loss
of at least $1,6O0,OO0 the differ
ence between interest collected on
loans and interest paid on big
bond issues. 1t sold 532 farms last
year at a loss of $3,600,00 The
bureau has a staff of 146 employ
ees, loaded up in recent years de-
spite efforts of Arens to do a de-
cent job.
In case you didn't know it,
Minnesota has 10000 employees
on the payroll that takes the
bankroll for a S30,893,288 ride
each year.
Legislative news is somewhat
overwhelmed as this is written by
the elevator employees strike in
Minneapolis and election of a new
pope. Some comical situations de-
veloped in the elevator strike.
Take for instance the. gent who
walked some 20 flights only to
have forgotten the key to the Of
flee, or the gent who walked as
many only to find the firm had
moved. 1t seems the union went a
little too far in abandoning ele-
vators at the Medical Arts build
ing where patients go daily for
treatments. Such shortsightedness
only works to the disadvantage of
the union cause.
I picked up the following bit OF
advice that sounds aWfully good
but many will doubt its applica-
ton in this day of economic chaos:
supply and demand make
the market prices, and always
will. Did you ever know of a
business that spent all its mon
ey, then lived on the hope that
it would survive a panic? The
same principle applies to all
governments. Most politicians
are not business men, and they
make too many tax laws that
regiment us to a point where
we are unable to expand to
make more jobs for those on
W.P.A. In the horse-and-buggy
! days everybody that wanted
= work could work. Farmers paid
for $4,000 farms in those days.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1939-03-09

The hatchery season was open
ed formally this week with The
Riddle OF The Chix:
Why does a baby chicken walk
softly?
Because it can hardly walk
hardly.
The editor of the Murphysboro
Independent in Illinois has col
lected the best answers given
social investigators in that vicinity
for the last two or three years
They follow:
Woman ana house neat but
bare.
Man has ulster on his stomach.
Man supported parents before
marriage.
Woman is saving up for an ill
ness.
Couple breaking up home,
friends helping.
Milk needed for the baby and
father is unable to supply it.
Couple have been completely
stripped. Now are barely able to
get along.
Man has diabetes and is insul-
ated twice day.
Nice quiet home family. Doro-
thy has been out since July.
The people have religious pic
lures all over the place, but SEEM
ed clean, however.
Sophie is married to a sailor
and her whereabouts are un-
known.
Woman ailing at present-eye-
sight poor-does homework when
able to find it.
Apartment crowded and untidy.
Saw evidence of girl in clothing.
Woman says they are a delicate
family and must have steamed
apartment with eggs and oranges.
Applicant has one child, Lillian,
who is three months old and owes
IL months rent.
Saw woman. She has seven
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1939-03-09
Belview. 46, Gibbon Is

Belview's lanky cagers took the
first game by 46 to 13 margin
from the plucky Gibbon five. Cap
tain Kenneth Hagen scored an
even half of his teams total. The
Blue and White quint led at the
quarter 8 to 0 and was ahead 10
to z at the half. 1t was 90 to Is
at the start of the final stanza. All
seniors comprised the Belview
starting lineup, while the Gibbon
PLAYERS We're all sophomores.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1939-03-09
Morgan 20, Delhi 18


Morgan nosed out fighting
Delhi team 20 to 18 in an overtime
battle when Vernon Loose, speedy
Green and White guard, scored
the winning bucket five seconds
after the extra period began. Del
hi held to lead at half-time
and was ahead 16 to 4 at the end
of the third quarter.
Rallying with six minutes to
play, Morgan held the Scots
scoreless while they knotted the
count with baskets, by Wiper
man and Loose in three minutes
of playing time. Yeager put the
Delhi team ahead with but min
ute remaining, but Loose connect
ed in the last 80 seconds to tie the
count and necesSitate the overtime
YnrinI
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1939-03-09
Tournament Results

Continued from page one)
Renville county lads gained to
lead at the quarter, led l to at
the half and increased their mar
gin to % to IL at the start of the
last quarter. Koehler, tiny for
ward, looked best for the Black
and Gold team
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1939-03-09
Maa90seA+-
X1chlen Xes5ss1
HERE'S WHY THE SWING is TO THE
ELECTRIC RANGE

ELECTRIC RANGE
1. IT'S CLEAN Electricity, cleanes source OF
heat keeps pans bright and shiny,
the air clean and pure
2. IT'S FAST Instantly quick swapping on
light Food cooks as fast as it can
take
8. IT'S RECOMMENDATION make this modern
method of cooking economical-truly
thrifty.
IT'S EASY AND SIMPLE Easily controlled electricity
gives you the accurate heat
every time you turn the switch to
position
5. IT'S COOL Electric cooking keeps your kitchen
cool because you don't throw heat
into the kitchen
6. IT'S SURE The steady dependable flow of cleo
rcty its of control gives
determined, accurate, right
tempered heat for cooking of deli
cious food. ....-
THRIFT COOKER MENU
Tomato Pot Roast
Steamed Cabbage Saw
Apple Ginger Pudding
Select h. pot roast Rub the roast with tsp salt and
"a -four Brown surface unit in frying until brown
Place Thrift Cooker kettle cups
tomatoes Place perforated Cook for hour
switch turned to HIGH Is minutes then LOW. After
hours cooking the potatoes then place pud
ding potatoes Cover HIGH Is minutes, then
LOW ~ hours.
APPLE GINGER PUDDING
"a Cup butter p Cup milk
u Cup brown sugar 112 Cups flour
Egg Y Tsp. soda
p Cup moasses l Tsp. baking powder
Cup chopped apples l Tsp. ginger
Cream butter sugar, and moassss together. Add
sifted dry ingredients alternately with milk Add chop
ped apples and rind Mix we'll Pour into buered pudding
Steam Y hours. Serve with lemon
Sign up NOW for a place in NEW classes
NEW Electric Range.
CLASSES BEGIN:
MARCH IA Tuesday 2:OO-4:OO.
MARCH Is Wednesday 2:OO-4:OO.
MARCH 16 Thursday from 7:15-9:15
MARCH II Friday from 100000
CALL 1868 and make your reservation at once.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1939-03-09
5 YEARS AGO
he RWA, relief work admins

The RWA, relief work admins
tration, replaced the CWA here
A meeting of the Farmers Holiday
was arranged at Wabasso.-Julian
E. Morten announced his candid
acy for county attorney. = 2,O71
farmers in the county signed in
the corn-hog reduction program.
Although the postoffice depart
ment was saving by giving each
employee an extra day off a
month without pay, service was
rot curtailed in the postoffice
here.-Redwood Falls defeated
New Ulm 10 to Is for the district
basketball title and went to Mar
shall for the regional meet,-The
Redwood Falls Commercial, club
launched a new compaign for a
new postoffice here. = County
Farmer-Laborites advanced Mike
Kramer as candidates for railroad
and warehouse commissioner.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1939-03-09
10 YEARS AGO

Gaylord won the district "tour-
nament of upsets" in which New
Ulm defeated Redwood Falls 81 to
10 in the first round.-Don Peter
son and Gordon Bravinder were
named to the all-district basket
ball team.-L. j. Kise was elected
president of the Redwood Falls
Golf club.-M. w. Johnson, editor
of the Milroy Echo, died of burns
Evening star., 1939-02-07
Deaths Reported

Annie E. Adams. 81. GIL End St. NV
Cora McCrea. so. Washington Home for
william wi1iiiis1aaH,ei B. Foos. 80. 1887 18th st. NV.
Ada l.. Agniel, So 1925 18th st. NV
George A. Cooley. n. 1851 Albemarle
st. NV.
william Lucas. "a. Home for AGED and
william J. Devine, "a. 27oo Que st. NV
Ada e. Sweeney II, 1914 North Capitol st.
Martina e. Willingham. IS, 1902 ALASKA
Charles i. KEEPER. 81. 431 18th st. Sc.
John Williams. So Gallinger Hospital
Ju,la Moreland. SO, National Homeopathic
Matte .Haskins, 50. Emergency Hospital.
Emily S. Mackenzie go 20O7 Eve St. NV.
isabel Gahagan. so. 1850 Wisconsin
Isidore D Wiseman, so 45O6 Mast st. ne.
infant James Klnna Chlldrens Hospital.
infant Grimm Columbia Hospital
Infant Mckee Columbia Hospital.
infant Don V. Chiodi. Walter Reed Hos
Infant John F chiodi. Walter Reed Hos
Infant McCullum Emergency Hospital.
Julia Proctor. 80, 628 North Carolina
ave. Sc
Alexander Smith. 75. Home for Aged and
Mary Baker. 55. se1 4th st. ne
Seth C. Brady, 43, 636 18th ST. ne
James Enslev, AZ, Gallinger Hospital
Charles King. AZ. So Pierce St NV
infant Henson. Gallnger Hospital.
infant Aston Gallinger Hospital
infant Walker. Gallinger Hospital.
Evening star., 1939-02-07
Your Income Tax
No. g.
WHO is THE HEAD OF FAFAMILYo

A taxpayer, though single, who
supports and maintains in one
household one or more individuals
who are closely connected with him
by blood relationship. relationship
| by marriage. or by adoption, and
whose right to exercise family con-
troll and provide for these dependent
individuals is based upon some moral
Or legal obligation, is the head of a
family and entitled to the same
exemption allowed married person
-S2 500. Also he may claim a S400
credit for each dependent, if such
dependent person is under 18 years
of age or is by reason of advanced
age or poor health (mental or physi-
cab incapable Of self-support. For
example, a widoWer who supports
in one household an aged mother
and a daughter II years old is
entitled to an exemption of s2,500
as the head of family plus credit
of s400 for each dependent, total
of $500 The s4O0 credit however,
does not apply to the wife or hus-
band of a taxpayer, though one may
be totally dependent upon the other.
Several factors are involved in de-
termining whether person who files
return as the head of a family is to
be thus classified. The element of
either legal or financial dependency
must exist. A taxpayer who sup
ports in his home minor children
over whom he exercises family con-
troll is classified as the head of a
family, even though the children
may have an income of their own
sufficient for their maintenance. If
he does not support them, by reason
of their own income, but does
exercise family control, he cannot
be classified as the head of a family.
If an individual supported is an
adult and there rests upon the tax
payer moral or legal obligation to
provide a home and care for such
individual, the exemption as the
head of a family is allowed, pro-
vided the individual is financially
dependent. If the individual is not
financially dependent, the exemp-
ton, even though the taxpayer
maintains the common home and
furnishes the chief support, does not
apply.
For income-taX purposes there can
be only one head of family and the
exemption cannot be divided Not
infrequently claims for the S2500 ex-
emption are received from two or
more members of family.
It should be remembered that a
single person, whether or not the
head of a family, is required to file
a return if his or her net income for
1898 was $1,000 or more. regardless
of whether the return is non taxable
by reason of the 50 500 exemption.
Mcclellan Stores Co.-January
sales were up 6.2 per cent; IL
months, off is per cent.
Evening star., 1939-02-07
Marriage License
AppIicotions

Donald s,t p Knes ss SS 5e91 1sth ssda St ,1sI
st. NV. the Rev. John c. Ball
HowaTd 1,nh Fisher 3d. HpbbsEd WoGds I'LL
Green Gre "iito4 ne.: the the Rev Rev. Ulysses g. b.
Ie2n seSa q Re- nS Yeta dss GoTssn 2s
Cayton.
Jessie NJ, N H9lden y 81 and Queen Bal gsH
B. H. Whiting.
and Catherine Thompson, 20. 623 Fair
Wont st. HAY he RsH RsY n Rusaesd and
judge judge Robert E. 'Mattiinsly at .a0s.D',a.
william carHeross r. rs HysttsylIs hh
18th 18th St. lG w.; hs the Rev. v W s. Abernethy.
'025 G.sDf! 81 5a y sh fne st. ys5a L hs ssE Re
Leslie Maynard. 50; soe, 1slington ST.
S0yta SyeE spn @s 72a Md 9th and s pe .he Rev.
Jo5S e. Fort Hslyo4s ys aqs
81; h the Rev Walter M Michael. w. Va
lie Roy +, Fisher. %. Norfolk: Va: and
ADas ne Rev. fs Noble PsEk e pSxs
FIX !, snd ArlsPs re- Ksv Yatsrs HdKsr Is polo
Paul " Ref. 27. 44O9 Beck St, Bradbury
5T3s Sherler d. NV; the Rev. William
Arthur s. Hutterxorth. 4s. oHay;Adams
, Iowa; The Rev. HooWard s. anderson;
and Edith L. Lyle. 20. s15 Massachu-
setts ave. ne; the Rev. Oscar F. Black
Ensign Walter B. Bayless. U, S. N. "a
Knoxville, Tenn. and Carolyn E. How
ard 20, 1906 Ingomar st. NV; the
Rev. w. N. Thomas.
william Pechenck % -1117 Buchanan st
NV, and Henrietta Saver. 20. Phladel-
phia Pa; judge Robert E. Mattingly,
William C. Truppner 81, Brooklyn, N. Y.
Mo-; Mo he he Rey. Henry W Snyder 1''' ''''
Thurman p. Kelley. %, 434 Park I'd. NV.
and Hazel G.. MCFARLAND. 23. Logan
N Mex: the Rev. Cove G.. johnson.
William H. Cranston. "a 6l5 K st. ne.
and Margaret A Webb, 20 64S G st
ne; the Rev. James A. Caufield.
Calm G; Winter r. 32lI BIS st nv: nv, arc .p
Rev. D. Sterling Wheelwright.
Vito r. Stanisci 81, 62S d st. Sc, and
Mary L. L. Hogan. 23- 623 North Caro-.
Ina IIna ave. se' the Rev. Charles W
Ned W. Simpson. 22; 1909 Jenifber st
st. s,e.: the Rev. George L. Conner.
Evening star., 1939-02-07
Foreign Exchanges

NEW YORK. Feb. 7 aP-1n brisk
rally the Swiss franc set UP new tor
mark for the year in todays foreign ex-
change dealings
Banking quarters said they had received
reports Swiss banks had sold dollars to
buy the Swiss currency, thus bringing home
recently errant capital. The Swiss money
was up .07I2 of cent in terms of the
dollar.
Sterling advanced ,ls of cent, and the
French franc 00i2. Of cent. The belga
was narrowly, higher and the guilder of
about as much
Late rates follow:
Great Britain in dollars others in cents:
Great, Britain, 4.6Si2; To-day bills, 4.6sII &;
Canada. Montreal in New York, 99.467s;
New York in Montreal, 100, 53's; Bel
GUM. 16.q0l2:. Czecho- -Slovakia, BIB;
Denmark. 3093i2: Finland. 2OS; France,
. 64}}; Germany, 1913; benevolent; 20 53;
travel. 20.5O; Greece, S6i2: Hungary.
1888: Italy. 5."6i4 Yugoslavia, .?.33 ;
Netherlands 1894; Norway 1856: Poland,
1898: Portu2al. 426. Rumania. 10:
Spain, nnquoted,. Sweden. AL: swtzelr,-
land 90 67i2 ArGentna. 81 2Gn: Brazil.
5.90n: Mexico City. 90. Ion; japan, 80;
Hong kcnc. % 10: Shanghai. Ii 10. Rates
in spot cables unless otherwise indicated.
Nominal.
Evening star., 1939-02-07
Crude Oil Production
Boosted Sharply by
Texas Flow
Daily Average Climbs
184,375 Barrels in
Latest Week
Nv the Associated Press.

oy lllc hoSOtidtcu ASoS.
TULSA, Feb. IA big increase in
Texas. where wells were allowed to
flow the fifth Sunday in January,
resulted in a rise of 184,375 barrels
daily in the crude oil output of the
United States during the week end
ing February 4 and brought daily
average production to 3,436 154 bar
rels, the Oil and Gas Journal re-
ported today.
Texas does not produce on four
Saturdays and four Sundays in a
month. If the month contains five
Sundays or Saturdays the wells pro-
duce on the fifth one.
Oklahoma decreased 8.875 barrels
daily to average 422 900. East Texas
was up 74,648 to 447,146 and the
State of Texas increased 204.347 bar
rels daily to 1896 ,937.
Louisiana decreased 1855 barrels
daily to 261 ,035. California was down
1880 to 605,75O and Kansas declined
$3.50 to 14Ol25.
Eastern States, including Illinois
and Michigan. increased 1858 bar
rels daily to 290527 and the Rocky
Mountain section declined 280 to
65 $50.
Evening star., 1939-02-07
c. W. Feieenspon Dies

RUMSON, N. j., Feb. 7 (F. -
Christian w. Feigenspan, wealthy
New Jersey brewer and sportsman,
died today at the age of 81. He had
been i'll three months.
During the IA years of national
prohibition Mr.. Feigenspan would
not permit the turning off of the
huge P. O. N. pride of Newark
electric sign atop the C. w. Feigen-
span Brewing Co. plant in Newark.
Evening star., 1939-02-07
City News in Brief
TODAY.

Dinner, Federal Communication
Bar Association, Raleigh Hotel, 6
pm.
Meeting, De Valera Committee,
Mayflower Hotel, pm.
Meeting, D. c. Chapter Catholic
Daughters of America, Willard Ho-
tel, 7:30 pm.
Dinner dance, Washington Credit
Mems Association, Wardman Park
Hotel, 7:30 pm.
Meeting, American Bar Associa-
tion, MayhoWer Hotel, 8 pm.
Meeting, Progress Club, Raleigh
Hotel, 8 pm.
Meeting, Zeta Beta Chi Sorority
Raleigh Hotel, pm.
Meeting, Pi Phi Fraternity, Will
lard Hotel, 8 pm.
Meeting, D. C. Funeral Directors
Association, Willard Hotel, 8 pm.
Meeting, Delta Phi Sigma, Lafay-
cite Hotel, 8 pm.
Meeting, Alpha Zeta Beta, Ward
man Park Hotel, 8 pm.
Meeting, Rhode Island State So
ciety, Roger-Smith Hotel, 8 pm.
Lecture, Catholic Thought Asso.
citation, Willard Hotel, 8:15 pm.
Meeting, Costello Post, American
Legion, Carlton Hotel, $3.50 pm.
Meeting, Syrian Washington Club
Willard Hotel, $3.50 pm.
Dance, University of Michigan
Alumni Club, Raleigh Hotel, 9 pm
Dance, Washington Chapter, Order
of Ahepa, Mayfower Hotel, 9 pm.
TOMORROW.
Meeting, sponsors Of the United
States Navy, Mayfower Hotel, II
am.
Luncheon, Monarch Club, Willard
Hotel, 1915 pm.
Luncheon, Rotary Club, Willard
Hotel. 1890 pm.
| Luncheon, Advertising Club o.
Washington, Willard Hotel, 12:3(
pm.
Luncheon, Gyro Club, Willard Ho'
tel, 1890 pm.
Luncheon, Washington Trade AS.
sociation Executives, Raleigh Hotel
1890 pm.
Luncheon, Institute of Electrica
Contractors, Carlton Hotel, 123(
pm.
Luncheon, Lions Club, Mayf1owel
Hotel, 1890 pm.
Luncheon, Princeton Club, Cosmo:
! Club. pm.
Luncheon. Soroptimists Club, Viii.
lard Hotel, pm.
Dinner, Masonic group, Hamilton
Hotel, $50 pm.
Dinner, Board of Trustees, Colum.
bus University, Willard Hotel, 6 p m
Dinner. National Sojourners, La.
fayette Hotel, $50 pm.
Dinner, New Jersey Chamber o.
Commerce, Mayf1ower Hotel, pm
| Dinner, Chi Sigma Sorority, La.
| fayette Hotel, 7 pm.
Dinner, Council of Young South.
erners, Shoreham Hotel, 7::30 pm.
Meeting, Stadium Group, Hamil.
ton Hotel, pm.
Meeting, Ancient Order of Hiber'
mans, MayfloWer Hotel pm.
Meeting, Washington Philatelit
Society, Carlton Hotel, 8 pm.
Meeting, Washington Safety So
ciety, Room 1929, Department O.
Labor, 8 pm.
Meeting KenilWorth Ladies
Guild, 1902 Minnesota avenue Sc.
pm.
Dance, Brookland Woodbridge
Business Mems Association, Masonic
Temple, Rhode Island avenue NE
10 pm.
Evening star., 1939-02-07
Paul W. Murphy to Tell
OF Mexico Adventure

Paul w. Murphy, young Pan
American Union attache, who mir
aculously escaped with his life in
a plane crash some months ago,
will tell of his adventures in Mex
ico at the Arts Club tonight.
Mr.. Murphys talk will take the
place of the symphonologue which
was to have been given by Charles
Edward Russell and Miss Margaret
Tolson. Mr.. Russell's illness has re-
suited in postponement of this affair
Evening star., 1939-02-07
Births Reported

Norman and katherine Heydenbure. boy
James and Elva Sieber. boy.
Theodore and Margaret Meeker glrl.
John and Kathleen Atwell. boy.
Herbert and Alice Neale. boy.
Peter and Ida Bender, girl.
william and Maybelle Butler, boy.
Leonard and Mary Young: girl.
Columbus and Lillian Shelton. girl.
Thomas and Louvenia Staten boy
Willie and Catherine Moore, girl
Samuel and Mary Cole girl.
Isaac and Bernice Rufin, girl.
BENJAMIN and Edith Sullivan, girl.
Louis and Catherine Evans bov.
James and Pauline wilkinson, bo.
Willie and jeanette Washington, boy.
Henry and Dora Jones girl.
John and Ruth Gray. girl.
William and Ruth Robinson. girl.
Clarence and Pearl Watts, boy.
Purcell and Minnie Johnson. girl.
Joseph and Elizabeth Wood girl
Theodore and Wanita Bowlding. girl.
Joseph and Mabel Macklin. girl.
Willie and Estella Glenn, boy.
Charles and Rosie Garris, boy.
Allen and Christabel Abney. boy.
Evening star., 1939-02-07
Freedom Bill Considered

Chairman Tydings of the Senate
Territories Committee said yester-
day he was considering introduction
of a bill to grant Puerto Rico COM
plete independence. In 1887 he in
troduced a bill calling for a plebis-
cite in Puerto Rico on the independ-
ence issue. 1t did not pass.
Evening star., 1939-02-07
U. 5. Treasury Position
BY the Associated Press.

The position of the Treasury February
S32 ,02O, 650.s3; net balance, S3,O7941S,-
60S,47, including S2433 3s54,2515 Sc work
ing balance; customs receipts for the
month, S321S 94225
Receipts for the fiscal year (since July
u. 81 34G 223 3,300.03; expenditures. So
396 436 9?4 50. including S1,s06, 149.-
of expenditures So .O5O 213.654 S2 gross
debt $50 sos, 143 sss.73 an increase Of
50 ,593 1920 above the previous day; gold
assets. Sl4.106O14, O54 81.
Evening star., 1939-02-07
Kresge Volume
Tops Year Ago
In January
BY the Associated Press.

BY the Associated Press.
NEW YORK, Feb. is. S. Kresge
Co., retail chain, reported tod>s
January sales of S9262 1894, an in
crease of 2.6 per cent over $9,021 ,744
in January, 1888. December sales
were Sc per cent above December,
1887.
Evening star., 1939-02-07
Metal Market

NEW YORK. Feb. : l.P.-Copper steady:
easy: spot and nearby. 1873: forward,
i5.6711. Lead steady; spot. New York,
East St Louis spot and forward, 4 30.
Quicksilver, S".O0-S4 90 nominal PIG
iron aluminium. antimony. platinum ana
Chinese wOlframite unchanged.
Evening star., 1939-02-07
Bank Loans Register
Moderate Upturn
During Week
Climb Contrasts With
Small Decreases in
Preceding Periods

BY the Associated Press.
Commercial, industrial and agri-
cultural loans by banks turned
slightly upward in the week ended
February l.
Contrasting with small decreases
for several weeks, banks in 101 lead
ing cities reported to the Federal
Reserve Board that their business
loans increased $2000,OO0 to a total
of $3,767 100000 during the week.
The weekly report also showed
decline of $1O4,0O0,OOO in demand
deposits, due to month and pay roll
needs.
The boards statement gave the
following summary of assets and
liabilities on February /, together
with changes for the week and with
the same week last year, in millions
of dollars:
Evening star., 1939-02-07
Investing Companies

NEW YORK. Feb : LP,.-Investment
Bankers Conference Inc:
(Noon quotations
Evening star., 1939-02-07
Odd-Lot Dealings
BY the Associated Press

The. Securities Commission reported to.
day these transactions by customers with
York Stock Exchange for February g.
4156 purchases involving 132,390 shares;
1929 sales involving A51 800 shares.
Evening star., 1939-02-07
London Bar Gold

LONDON Feb. ? tP1.-Bar gold 14Ss I'D,
off u pence equivalent S34 .16).
Bar silver 20isd. UP is equivalent.
4245 cents.
Evening star., 1939-02-07
U. S. Treasury Notes

NEW YORK, Feb T LP,.-Prices quoted
in dollars and thirty-seconds.
Evening star., 1939-02-07
Bid and Asked Prices
BONDS
PUBLIC UTILITY.
MISCELLANEOUS
STOCKS
PUBLIC UTILITY.

Amer Tel & Tel o9)---- I56
Capital Transit Co---- sl4 9l7
N & w Steamboat a. So 20
Pot Elec Pow 81 pfd t6) 1l5
Pot El Pw 5l2eo pfd $500 ia
Wash Gas Ii new 40 IS 81
Wash Gas pfd a 500 '105 1868
Wash Ry & e. com 1866 900
Wash Ry &: Ei pfd 60 go 1874 $500
Evening star., 1939-02-07

Washington Exchange
SALES.
Washington Gas Light pfd.-10 at
105l2.
Riggs Bank pfd-5 at 102.
AFTER CALL.
Potomac Electric Power sc pfd-1
at 115l2.
Evening star., 1939-02-07
Federal Lund Banks

NEW YORK, Feb. 7 R,.-Federal Land
Evening star., 1939-02-07
New York Bar Silver

NEW YORK, Feb. 7 R.-Bar
silver, 42%, unchanged.
Evening star., 1939-02-07

Mcclellan Stores Co-January
sales were up 62 per cent; u
months, off Is per cent.
Evening star., 1939-02-07

Quotations not furnished by Sponsor
or lssuer: all others are obtained by I. B.
c. from those sources.
Evening star., 1939-02-07
Insurance Stocks

NEW YORK. Feb $ a
Bankers Conference. Inc: