davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13
For 3 Months Ended March 81
NEW YORK PRODUCE

NEW YORK, May 10 up rUSDA) -
Butter generally steady. Receipts 559,-
b15. Prices unchanged.
Cheese steady. Receipts 20. Prices
unchanged.
Wholesale egg prices unsettled Re-
ceipts 1895. New York spot quota
tionS follow:
Includes Midwestern: Mixed colors:
Extras t4S-50 lbs $500; extras large
t45-4S lbs.1 37-3S; extras medium .35-
handled current receipts 33-3iIa; dirties
ga "a; checks 3O-33ha. Whites:
Extras 4S-5O lbsl 3S-33; exras large
145-4S lbsl HIS: extras medium, So
30. extras large t45-4S lbs), 37l7-3S
Includes nearby Whites: Top quality
1850 lbsD 3S-39I2 mediums 33la-34;
smalls 81 i2-32l2 Browns: Top quality
$3.50 lbsl 1910; mediums 1899,
smalls 34ta-36Ia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13
FOREIGN EXCHANGE

NEW YORK, May 10 R.-Foreien
dollars, others In cents unchanged I'M
less otherwise noted:
Canadian, dollar in New York open
1O1 .56H U. g cents, up !. Of a cent.
Europe: Great Britain (pound)
279li: 3o-day futures, 2.79 7/3": so.
day futures. 2.7S34: a0-day futures,
ISL 49,, Belgium drancl, .9S7s, up
.00b: France Uranc), .2Sss of . cent;
Germany WESTERN tdeutsche mark.
81. SIS; Holland teuilderl. 26.32. OF OF:
Italy niral. 1875 OF q cent; Portugal
(escudol. $50; Sweden kronal, 1894;
Switzerland francl nreel, 23,33@; Den
mark kroneD. 1880. unchanged
Latin America: Argentina lfree1, 7.1?.
on .03: Brazil free). l 30; Mexico, 6. OF;
Venezuela (bolivarl. 1908.
Far East: Hong Kong dollar, $50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13
NEW YORK COTTON

NEW YORK, May 10 iP,.-Cotton
futures held near the best levels for the
day during the forenoon Most OF the
activity centered IN near months with
ton and some hedging. Deferred months
we're quiet. Firmness in Liverpool cotton
futures today was attributed to the
belief that prospects for a United States
cotton export subsidy next season are
fading
Noon prices were to As cents a bais
higher than the previous close July
"a 20. october 3427 and Deem
Der "a 80.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13


Hourlv Sales on the Exchange
1900 am 43o 600 10 noon 100 600
100 o m ! GEO 600 900 pm 600 600
tUnit Of trading 10 shares or sales In
FULL
Rates Of dividends in the foreeoinR
table are annual disbursements based on
the asst quarterly or semi-annual dec.
laration Unless otherwise noted. special
or extra dividends are not included
n Also extra or extras b Annual rate
plus stock dividend d Declared or paid
In 1855 plus stock dividend PAID last
year Payable in stock estimated cash
value on ex.dividend or redistribution
date Declared Or paid so far this year
h Declared or paid after stock dividend or
splt-up Declared or paid this year,
an accumulative issue with dividends In
arrears p PAID this year. dividend
omitted, deferred or no action taken at
last dividend meeting; Declared or paid
In 1884 plus stock dividend LiuuidAt.
ing dividend cid Called I'd Ex dividend
x-dis e distribution xr e rishts
Nd When distributed vi When issued
Elm bankruptcy or receivership or being
reorganixed under the Bankruptcy Act
Or securities assumed b. such companies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13
METAL QUOTATIONS.

NEW YORK, May 10 LR.-Spot non
ferrous metal prices today. Copper 80
cents a pound. East St Louis. Tin p1ia
cents pound. New York At Pitts
bureh. scrap steel No. 1 heavy was quoted
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13

shipments, 2o9 ?la bushels, stocks $50
100 bushels No " red winter garlicky,
spot, domestic, E,ljl7 No. 3. " ltl2.
Corn--Receiots 40,O0O bushels; ship
ments l34500 bushels: stocks. Gl;ls5
bushels.
Oats Receipts none; shipments,
none! stocks. none
Barley Receipts. none. shipments,
none, stocks. 1872 bushels
Rye-ReceiptS, none; shipments, none;
stocks. none.
OBSERVATION-DISCLOSURES none, shipments.
none. stocks, ~ ,3!6 bushels,
Millfeed--Receipts 20 tons.
Egg Market Unsettled
EGGS: Market unsettled, prices un-
changed more than ample supplies
available for current needs; trading
slightly improved although demand only
fair.
Prices paid BIZ first receivers delivered
fob. Baltimore. cases included
Browns and
Whites mixed colors
Lsrse ausol,i,iy 3 38a a 353a12
Current receipts. 81 -J2 fe'o lower.
Receipts: Eggs. 3,l7l cases BIZ tEuek.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13
ODD-LOT DEALINGS

NEW YORK May 10 Ef.---The Now
York STOCK ESchancr reported today
these odd lot transactions BY principal
Purchases OF 26G,S40 shares; sales Of
2l65f3 shares, including I;lO shares
sold short.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13
Coupon Bonds of 81. 900
Fully Registered Bonds

and on said date there will become and be
due and payable upon each Refunding
Mortgage Bond, 3l4eo Series due 1879 so
10 be redeemed, at the principal office of
The Chase Manhattan Bank, in the Bor-
ough of Manhattan, The CRY of New York
(the agency of the Company in the Borough
OF Manhattan. The City of New York;, or
at the principal Office OF The Riggs National
Bank OF Washington, D. C., in the District
OF Columbia, (the principal office of the
Trustee), the full principal amount thereof
in the case of Coupon Bonds, and the specified
amount of the principal thereof in the case
of Fully Registered Bonds. without cou-
pons, together with interest accrued to
June IS, 1855: from and after June IS,
1883, interest on said Coupon Bonds so
called for redemption and interest on the
specified amount OF the principal of said
Fully Registered Bonds so called for re-
demption will cease to accrue.
Coupon Bonds must be accompanied BY
all coupons appertaiuing thereto maturing
after Tune IS, 1855. Coupons maturing
June IS, 1855 may be detached and pre-
serted for payment in the usual manner.
Washington Gas Light Company
By: EVERETT ]. BOOTHBY, President
Dated: MAY -. 1855
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13
NEW YORK STOCK EXCHANGE
FurnIshed ), th. A..eeIated Pre.s

STOCK and Add Net
Dividend Rate 90 Hirh Low 1:I6 chg.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13

XEX dividend. FPIus extra or extras,
z Arrears, half payable June Is, 1855:
half PAYABLE December ID, 1855. De.
clared or paid so far this year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-05-13
DIVIDENDS

NEW YORK, May 13 OR.-Diy
Evening star., 1955-03-11
i 900 Commerce Employees
Tokenfor Ride in Raid Test

cy planning. said all went well,
apparently. Reports won't be
complete. however. until tomor-
row when participants will study
and discuss various problems
that might arise in a real attack.
Each car pool was told to drive
over a certain route away from
the District until they were
about S miles away from their
Offices. then return. Planners of
the exercise said there was no
attempt to simulate attack con-
ditions on the road and the trips
were merely to get the car pools
moving.
The mock getaways were
staged in the Departments main
building, Census Bureau, Bu-
reau Of Standards, Weather Bu-
reau. Maritime Commission and
Civil Aeronautics Administration
headquarters.
Evening star., 1955-03-11

Some 1000 key Commerce De-
partment workers broke up their
workaday grind this morning
with auto rides. testing air raid
getaway plans.
Later a l5-minute mock air
raid drill brought Commerce
workers out of their Offices in
the departments main installa-
tions here.
The car trip operation. called
Exercise Hypo," was to deter
mine:
!. How quickly a yellow alert, "
signaling an impending attack,
could be spread among the en-
ployeS.
2. Their speed in car pool
evacuation toward new emer-
gency operating sites.
Wade L. Davis. the Depart
ment's co-ordinator of emergen-
Evening star., 1955-03-11
Plea Of Not Guilty
Made byMrs. Nafvig;
Trial Set April 1S

Mrs. Marie Natvig, turnabout
witness in the Lamb case. today
pleaded not guilty to nine
counts Of perjury and the trial
date was set for April l8-
Mrs. Natvig, accompanied by
her attorney, Mrs. Jean Dwyer.
made her plea before Federal
Judge David A. Pine in the
U. S. District Court for the
District Of Columbia. She was
released on $2,500 bond.
In a plea for reduction of the
bond, Mrs. Dwyer told the court
that Mrs. Natvig was penniless.
The attorney declared the de-
fendant had been unable to work
since the Federal Communica-
tions Commission hearings
where she had testified again
several months ago.
Cut Opposed by U. S.
Justice Department Attorney
j. Frank Cunningham opposed
any bond reduction.
At one point, Judge Pine in
commenting that the purpose of
bond is to insure the presence of
defendant, asked: she hasn't t
displayed dependability or sta
bility. has she?"
S "She has with me-" the defense
attorney responded.
In a statement to reporters,
Mrs. Natvig said:' II have deep
faith in American justice. When
am permitted to tell my full
and complete story to a jury,
I know I'll be fairly judged"
The indictment against Mrs.
Natvig charged the 51-year-old
divorce with lying nine times
last month in recanting certain
of her testimony against Ed
ward o. Lamb at the FEC hear
ing.
License Renewal Sought
Mr.. Lamb, Toledo publisher
broadcaster, is. seeking renewal
of television license in Erie, Pa.
Last November Mrs. Natvig testi-
fled she knew him as a member
OF the Communist Party, but
sWore this was false when she re-
turned to the stand in February.
Mr.. Lamb has denied any Com
munist affiliations.
None of the counts of the in
dictment deals specifically with
the question of whether the wit
ness lied when she alleged that
Mr.. Lamb once had Communist
connections.
One count charges that she
lied when she said she had been
coerced by Walter r. Powell, jr.,
former FEC attorney, into CIV
ing false testimony against Mr..
Lamb.
Mrs. Natvig, according to her
attorney. arrived in Washington
at 8 am. today after driving
nonstop from Miami. Because of
her voluntary appearance. a
bench warrant which had been
issued earlier in the week for
her arrest was set aside.
Evening star., 1955-03-11
First Baptist Church
Marks l53d Year

Some 800 members of the First
Baptist Church. Sixteenth and o
streets NV, celebrated the
church's 153rd anniversary last
night at banquet in the social
hall of the National City Christ
ian Church, Thomas Circle.
The occasion also served as a
testimonial to Harwood v. Hall,
the Baptist church's minister of
music. who is retiring Tuesday
after Is years service.
Evening star., 1955-03-11
Hall in Glasgow Rushed
For Billy Graham
BY the Asseeiated Press

GLASGOW, Scotland, Mar. IL.
Day and night crews are work.
ing in Kelvin Hall to prepare
the barn-like exhibition hall for
the religious crusade of Ameri-
can Evangelist Billy Graham
starting March 81.
Workmen are building a choir
loft to accommodate at least
1000 singers. Seats are being
provided for about 1000 wor-
Evening star., 1955-03-11

shippers. Electricians were in
stalling an intricate loudspeaker
system and the hundreds Of
wires which will broadcast the
Graham meetings over a closed
television circuit and transmit a
sound report to every county
in Britain.
Evening star., 1955-03-11
Zoo Gets Rure Birds

Two yellow headed picathartes.
rare birds never before seen out
side West Africa, have reached
London Zoo.
Montana farmer-stockman., 1955-12-15
Free Income Tax
Book Available

FREE HELP in filling out 1855 in
come tax forms is available to farmers
in 64-page book Of instructions.
Farmers Tax Guide" The book can
be obtained from county agents, local
Internal Revenue offices or by writing
to Internal Revenue Service, Washing
ton Is, DC, and asking for Farmers
Tax Guide, Publication No. 225.
The book gives general instructions
on farmers income tax. plus step-by-
step directions for filling out the forms.
illustrated with sample forms. There
is handy rapid finder index and
a detailed index with about IFS entries
to help find the answer to almost any
question.
Montana farmer-stockman., 1955-12-15

of-the-digits on machinery and straight
line on equipment.
Other Expenses-Other typical farm
expenses not to be overlooked include:
l. Payments for combining, baling
and other machine hire
q Cost of grain, hay and other feeds
when purchased.
g. Cost of commercial fertilizers,
lime and manure when purchased.
A. Cost of small supplies when pur-
chased such as twine, spray, poisons,
disinfectant, cans, bags, etc.
S. Insurance on farm buildings (ex-
cept dwelling), equipment, crops. live
stock, liability, etc.
g. Interest on farm notes and mort
cages.
z. Water rent, electricity, telephone
applicable to the farm.
g. Rent for land, equipment, etc.
9. Taxes which are assessed on the
farm property. Federal and State in
come taxes are not direct deductions.
TO- Losses of land due to floods, etc.
II. Travel expenses while away on
farm business.
Note that one can pay for many of
these items before Dec 81 and get
deductible expense for 1855 even though
the item might not be used before 1856.
Sale of Breeding, Dairy
and Draft Animals
If livestock (excluding poultry used
by a taxpayer for draft, breeding or
dairy purposes has been held for II
months or more from the date of ac-
QUESTION, gain will be treated as capi-
tai gain and loss as an ordinary loss.
1t does not matter how old the animal
is. whether its period of usefulness is
over, or how long it has been used for
draft, breeding or dairy purposes so
long as it has been held for at least
Montana farmer-stockman., 1955-12-15

sight of snow outside can cause an
ache beneath my hide. AS soon as
wind starts feeling raw, that old
dull pain begins to gnaw on ev'ry
bone from head to toe; and if Mi
randy makes me go outside to do
some chores that she by rights
should do herself, by gee, it's often
anyways a week before my joints
no longer creak.
Tn times like those it feels so good
to pile up lots of fire wood and
sprawl out where the hearth can
bake the tenderness from ev'ry ache.
There's no sensation quite as great
as feeling that heat permeate into
the marrow of your bones and gently
stifle al your means. AS soon as
muscles all get hot enough to unite
ev'ry knot, you slip into a painless
dream from which your spouse's
loudest scream cannot arouse you
even though she's calling you So
and-so and claiming that your so-
called aches are nothing but bunch
)f fakes.
Montana farmer-stockman., 1955-12-15

farm labor, piece work, contract work
or other forms of hired labor are de-
ductible. Rations purchased and fur
nished to farm labor are deductible as
part of your labor expense. A farmer
may not deduct the value of his labor,
his wife's or that of his dependent
minor children. However, if he pays
his child a reasonable wage for the
work performed by that child, then
the farmer can deduct this wage as an
expense.
Caution: This deduction for child
labor will be lost if the farmer takes
the child's earnings and uses them for
himself or requires the child to pur-
chase necessities which the father is
legally obligated to supply.
Depreciation-In computing deprecia-
ton there are three main factors:
1. Cost or Basis.
e. Salvage Value.
g. Expected Life of the Property.
BY means of depreciation the cost
of buildings, machinery and equipment
of capital nature is recovered. Note
that there is no recovery of the amount
paid for land against income The
methods of recovering the cost or other
basis of depreciable property are
varied The straight line basis of re-
covering the same amount each year
is most widely used. However, again
for 1855 certain methods generally per-
init a more rapid rate of depreciation
in the early life of an asset and less
in its later life. The main methods of
doing this are by the 200 per cent de-
clining balance and the sum-of-the-
digits methods. These methods can be
applied by the original user of certain
new property. The farmer is not linn
tied to using any one depreciation
method Thus he could use the declin-
ing balance method on buildings, sum-
Montana farmer-stockman., 1955-12-15

IL months and has been held for such
purpose and not for resale.
On the other hand, the offspring of
breeding herd, consisting of steers,
heifers not held for replacement in
the breeding herd and cows and bulls
not held for breeding purposes, are
considered to be ordinary income when
sold.
The tax benefit of the capital gain
over the ordinary gain is great. AS an
example. 4-year-old breeding COW is
sold for $3.50 and was raised so it has
zero basis. Only one-half of the gain
is taxable income or SIPS. Thus it can
be readily seen that the inventorying
of breeding cattle is generally poor tax
practice, because to the extent of the
inventory valuation placed thereon this
becomes fully taxable income.
MONTANA INCOME TAX
A complete new income tax return
for the State of Montana will be filed
for 1855. The change will bring SIM
plification of filing as well as tax bene-
fits Essentially the State of Montana
has tied its income tax law to the Fed
eral return. Thus you merely show
your adjusted gross income from your
federal return, add items tax free for
federal purposes, deduct items tax free
for state purposes, deduct personal de-
duction and exemptions and you arrive
at your taxable income for the State
of Montana. This is calculated on a
work sheet and the return you then
file will be small IBM card of 314
by 71z inches. The personal exemption
and tax rates have not been changed.
This then will save the need of re-
porting income and expenses and de-
probation schedules etc. to the State of
Montana Also it eliminates the need
to change your state reporting where
it was in conflict with federal income
tax laws Note also one will receive
the benefits of capital gains now for
state income tax purposes.
At present, it appears that farmers
or ranchers do not have to file an
with the state. The final re-
turn is due April Is as previous. Moth
ing else needs to be filed prior to this
time.
IF any of these points covered in this
article is likely to make a substantial
difference in your tax, it viii pay you
to discuss your problems with the In-
ternal Revenue Service or to seek pro-
fesionaI tax advice.
Montana farmer-stockman., 1955-12-15

THERE'S NOTHING like a fire.
place to wipe out ev'ry single trace
of rheumatic and other ills that old
men get when weather chills. 1t
don't take winter very long to make
me feel completely wrong; the very
Montana farmer-stockman., 1955-12-15

FARMERS AND HANCHERO Will De
able to take some comfort in the fact
there are few changes in federal in
come tax reporting for the year 1855.
This will be welcome news because
of the changed laws and regulations on
social security as previously reported
in this magazine and the revisions in
the State of Montana income tax.
FEDERAL RETURNS
Due Date of Returns and Estimates
The declaration of estimated tax re-
quired from individuals engaged in
farming may be filed at any time on
or before Jan. Is, 1856, for the year
1855. Farmers may dispense with the
filing of an estimate if final return
is filed and the tax due is paid in full
by Feb. Is, 1856
Caution: If there is any possibility
of not filing and paying your return by
Feb. Is. be sure and file Jan. Is
estimate which will then allow you
until April Is to file and settle your
final return. IF no estimate is filed and
the Feb. Is filing is missed, a penalty
may be imposed for Understanding
the tax.
Income Peculiar to
Farming Operations
In general, income is not to be con-
sidered to be realized for tax purposes
until it has been converted into cash.
(Accrual basis farmers, however, must
adjust their inventory for such changes
in crops or livestock) Amounts re-
ceived under the following federal acts
constitute taxable income to the re-
cipient:
/. Soil Conservation Act
2. Agricultural Adjustment Act.
3. Commodity Credit Loans.
Here, however, the taxpayers are
given the option of electing to treat
loans by the CCC as the sales price of
the commodity in the year of the loan
or as loan and not sale until settled
for If the option to treat these loans as
income is adopted, this method must
be adhered to for all subsequent tax
able years.
Typical Farm Expenses
Tools, Machinery, Autos-The cost of
small tools of short life may be de-
Quoted as an expense. The cost of gas,
oil, repairs of autos used exclusively
in farming is deductibIe. If an auto is
used partly for farming and partly for
pleasure (and most autos are), only
that proportion of the expenses ap-
nJicable TO farming is deductible Thus
if the auto is used 20 per cent for farm
ing and 80 per cent for pleasure, all
expenses applicable to the auto should
be reduced 80 per cent in reporting for
income tax. The purchase price of
machinery, buildings and other farm
equipment of a permanent nature is
lot deductible, but is considered a capi-
al investment which is deductible
through depreciation thereon
Repairs and aintenance-Amounts
expended for repairs and maintenance
+ farm buildings, machinery, equip
nent, fences, drains, wells, etc., ex-
ept the personal dwelling, are de-
uctible. Note the cost of rebuilding a
arm fence is not deductible in whole
ut only that part attributable to re-
airs may be deducted:
Montana farmer-stockman., 1955-12-15
; Ward F. JUNKERMIER, CPA

the 1855 income tax laws as to farmers and nhG
When tax returnsdu 1855?
What the of breeding andd animals?
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25
mr.. Herbert
Engaged

4. 4 .sav... 1r~xaA -
Mrs. AI.nuf Z nolles !.
Alliance. ONO, announcss ~
engaeemenI 9 ner aang 49,
J0an % M,. sonn A1ass1 49, 4 i
nert. Inc nrluesr00m-eaess y
tne son q sns cusA 1911 =. =
me ,lupverslves Gonsroi 1910.
NJ. Inomas 7. hetDeSL 8 80 i 2
cry ana Glevelana 1nio me
tne iate MIs: hefne
Mis- aonss y also ~
dangnter g snc as 81. H0 ~
sne Y z gIadu1ss q - -.
pnens Conegc. tnc Junior
executive training pEosfam q
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25

"a sllryeying the problem of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1955-09-25
AUTOMATICALLY SPEAKING
New Batch Of Head ches
For Department 9 fficidl

sa.su. s 49, -. ~lsn ., ~
o,,s fhst 81 have 8 IS real-
ssfic s. MN #
80 ..s,,. s....,,s $500
w snou'l 80 oul1sisss
what ~ America gong 70 get
out Of it. The Soviets have
ana are ming II very s,,ccess-
800. 80. .s... ..,,st. 81, .,..,,,,,, ~.
July sol os.sal b10''n as's-a
PURPOSES. ~ the moment mere
Is "a great relaxation Of ten
sin,, MT we cannot vet
49,. $500 s,,,...., ri .,,,,s
s1 ,.,,,. g 4. - -
reaiiy aEe. WM 10y enznse
any q tne paslc tnlnesv Sui-
tlrai cxcnange y not 4 nasic
issue. ana might g useu -
3 tooi q cover up We iacs
tnas tne pasic ISSUES hhSs ne.
cnanged'
WAR 81 Articles