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Show BEAR RIVER VALLEY LEADER, THURSDAY. FEBRUARY 6, l&SO Weekly Grain Market RevieW Grain markets declined sharply durand ing the week ending February to1 near prices of most grains dropped the low point of the season, according to the weekly grain market review of the U. S. Bureau of Agricultural Continued small takings Economics. of North American wheat by European buyers as a result of further liberal offerings of native wheat and of moderate shipments from Argentina were the principal weakening factors in the wheat market. Toward the close of the week, however, a firmer tone appeared to be developing in the market as a result of a moderate reduction in Canadian market stocks; smaller offerings of Argentina wheat and somewhat less favorable prospects for winter wheat in the U. S. Feed grains were lower with wheat but had some independent strength because of relatively small offerings and moderately active demand. The rye market continued very weak and price declines were even more marked than for wheat. Flax held steady influenced principally by the small supplies. Domestic wheat price declined to near the low point of the season during the last week in January following even more drastic declines at Native and Winnipeg. Liverpool wheats in Europe are still being offered in good volume from last season's relatively good crops while Argentina shipments were fairly large notwithstanding the sharp reduction in the 1930 crop whcih is now placed at approximately 140 million bushels by the second official estimate. Trade estimates, however, are nearly 25 to 30 million bushels higher than the official figure. Export inquiry for North American wheat continued very dull although moderate sales of Canadian wheat were reported. Canarian market stocks were reduced nearly 5 million bushels during the week but are still six million bushels larger than a year ago. The limited takings of Canadian wheat were reflected in a sharp decline in prices at Winnipeg, No. 1 Manitoba being quoted January 31 at l.22 campored with $1.27 a week ago. Argentine wheat is still being offered below quotations from other important exporting countries in the European markets. On January 31 63 pound rosafe for January shipments was quoted in Liverpool at $1.29 V compared with $1.30 for U. S. No. 2 hard winter, $1.34,, for No. 4 Manitoba and $1.35 for Australian wheat. Some small export sajes of Russian wheat were also reported but these were relatively insignificant. Wheat: Domestic cash wheat markets continued relatively firmer than futures with the market being sup--i ported somewhat by purchases at the basic loan price established by the Federal Farm Board. , Marketings of wheat were of only moderate volume and mill demand was fairly active. Merchant mill stocks at the first of January according to the department of commerce, were about 12 million bushels larger than a year ago, although mill holdings, including stocks in country elevators and in public and private terminal elevators, in transit and bought to arrive, together with the stocks in mill and mill elevators were slightly smaller than a year ago ami tt.aW annrorimatel v 150 million bushels. The increase in marchant mill stocks together with the larger amounts in store in the markets, just about offset the reduced farm stocks so what domestic supply of wheat appear to be just about the same as a year ago. Export demand for wheat during the week was almost entirely lacking although some small sales were reported from Gulf ports. Export bids were equivalent to about l2Zs to $1.24 delivered Galveston for No. 1 hard winter wheat; No. 2 hard winter was quoted f. o. b. New York at $1.23 per busheL Prices of hard winter wheat at Kansas City held around the basic loan price of $1.13 for No. 2 hard winter; low the loan price and grain from No. 1 hard winter, however sold, be store also below this basis to interior mills. Protein premiums were practi eally eliminated as the market declined;; No. 1 hard winter wheat was not taken at the loan basis sold as low at $1.104; No. 2 hard winter at Omaha was also taken at the loan basis of $1.15 for No. 1 hard and $1.13 for No. 2 hard winter. Domestic mills were buying grain from elevator stocks at about 5c below those quota tions; southwestern mills were biding 4 delivered Texas points. Demand of only moderate volume and country offerings were very light. Bad condition of countr yroads in Colorado has reguced marketings in that territory but demand was fairly active; No. 2 northern spring was quoted at Denver January 30 at 94 99c, No. 2 hard winter at 0 and No. soft white at per 51.23!-$1.2- 95c-$1.- $1.01-11.1- bushel. Soft winter wheat markets also declined sharply with prices at St. Louis 7c-9- c lower than a week ago. Demand became slightly more active at the decline. Receipts were very light; No. 2 soft red was quoted in that market January 31 at $1.25-- $ 1.27 and 4 at Kansas City at per bushel. Inquiry for milling wheat was fairly active at Cincinnati where at red at ll.Cl'x per No. 2 mixed and No. 2 bushel. Pacific coast wheat markets generally followed the decline in eastern markets because of the absence of export demand or local strengthening factors mill demand only of moderate volume and trading was dull at all points. Prices at San Francisco dec clined per 100. Flour business was reported fairly active but mills were mostly using stocks accumulated early in the season and were buying-littladditional wheat Cheaper feed barley prices and lower prices for feed stuffs were restricting the demand for feed wheat. Quotations on eastern wheat were lowered but were still above local prices and only occasional purchases were reported; No. 2 soft white wheat from Washington was offered at $2.20 per 100, delivered at San Francisco while local hard white and No. 2 soft white were per 100. quoted at The Los Angeles market also de clined about 5c per cwt. Receipts were fairly larger and were about evenly divided between milling and feed grades. Local wheat was coming from the San Joaquin Valley and milling wheat was principally from Utah and Idaho. A few cars of hard winter were received from Kansas. Pacific Northwestern markets followed east c em markets and declined per bushel. Export inquiry was almost entirely lacking and no export sale of either wheat or flour were reported during the week. Milling demand was limited because the larger Hour Duy ers were well supplies. Farmers were offering rather freely but at prices slightly higher than current quota tions. Big bend blue stem was quoted January 31 at Portland at $1.28, No.1 1 soft western white at $1.16, No. hard winter, northern spring and western red at $1.14 per cwt. soaked. Western red wheat was quoted at Seattle at $1.15 and other red wheats at 1.16 per cwt. 5c-lM- e $215-$2.17,- ,s bc-7- $1.23-$1.2- most of the receipts were shipped direct to mills on previous sales. Very few current arrivals were being offered in the open market; No. 2 red quoted in that market January 31 at $1.21 V2 $1.22 and No. 3 red at $1.18V2 $1.20 per bushel. While future prices in the spring c wheat markets declined per bushel, cash prices at Minneapolis were held at the basic loan price of $1.25 for No. 1 northern and $1.22 for No. 2 northern. Mills were taking high protein wheat when premiums for this type of wheat exceeded that loan price. Elevator companies, however, were selling contract grains out of storage to the intermountain mills c under the established loan price. Practically the same situation prevailed at Duluth as at Minneapolis with most of the offerings going at the loan price of $1.25 for No. 1 northern. Durum wheat continued relatively firmer than red spring wheat, influenced by some reported sales of North American durum wheat to Europe. Good milling yuality was taken by domestic mills and offerings of this class were hardly sufficinet for current trade requirements; No. 1 and No. 2 amber were quoted January 31 at Minneapolis at the Duluth basic loan price of $1.12 per bushel less freight; No. 2 durum was quoted at -- 6c-7- 5c-6- Again Majestic introduces a new and real improvement in Radio The COLOTURA Dynamic Speaker -- I. Riverside Clayton Back went to Springville, Thursday evening to attend the fun eral of an uncle which was held Friday. He returned home Sunday. Mrs Beck took the place of her husband at school on Friday. Mrs. J. H. Ward entertained at a children's party, Saturday for her daughter Amanda, who was nine years old. Eight girl friends attended and enjoyed the dainty luncheon and interesting games. The Plymouth Dramatic presented the play, ::Rocky Ford here Wednes day of last week. A dance followed the show. The ladies of the Farm Bureau met at the J. H. Ward home Friday after noon. Mrs. Ezra Harris of Bothwell and Mrs. Peter Marble of Deweyville, gave the lecture and demonstration, was followed by a delicious chicken dinner. Mrs. Ward was assist ed by her 'daughter, Miss Edna Mae Twenty ladies were present. Mr. and Mrs. R. C. Richards went to Centerville, Friday to visit with rel atives. They returned home Satur complete. i KING or KNIGHTS Spring Canyon Coal Best Line of Feeds Tremonton and Globe laying mash, also all kinds of scratch feed including corn and Purina calf chow with prices as low as can be found. Poultryman Headquarters Tremont Coal Co. will end. 1st Special Tax, Most debts of states and their lesser parts are now based upon property valuations. Where this is the case, to adopt Etta Assessments and be consistant we will need a special tax levied upon the valuation as 'now made of all utilities, mines, and lands less personal proper-- : ty, improvements and assets as dis- tinguished from utility and business properties sufficient to pay off all interest and retire principle of public debts based upon such valuation. 2nd Special Tax. Most cities and towns have large areas of vacant land that adds to the cost of administration for their governments without Such tax due productive returnes. districts should be authorized to levy a limited tax upon the same land valuations as now used. Limited home property values, improvements, and intangables should be exempt from this tax becouse that will prevent double taxation of equities and add to the public income that will pay Etta Assessments. Etta Assessments charge the full cost of each appropriation by auto matic levy that considers every persons ability with his property to produce net income and to spare a part may speciiy that all money used fcT thattheapproLtta priation shall be realized by Assessment method. (To Be Continued) Sam Chornous has recently returned from Chicago, and is staying with George Abbott. Mr and Mrs. Jack Gale were weekend gu?sts of Mr. and Mrs. Floyd Garfield. Elwood Milton Andersen, son of Mr. and Mrs. Elias Andersen was quite surprised last week, when President Smith Smith read a letter stating that h the one hundred scholarship Milton given by the Union Pacific. is only a Junior this year at the Bear River High school, but it will be val- Mr and Mrs. George Abbott went They were to Morgan last Friday. accompanied by Mrs. Abbott's mother, Mrs J- - T. Waldron, who had been visiting there for a week. on Monday Nich Chornous left morning for the desert, where he has MrsSam Richards and children of Garland were dinner guests on MonBeal. day of Mrs. George Mr. and Mrs. George Abbott spent Sunday in Logan with their son Emerson, who is at the Cache Valley him to be imHospital. They report be proving as well as cana expected. Gilbert Brough was Brigham City visitor on Tuesday. Mr. and Mrs. J. O. Garfield and children were Brigham City lnt Saturday. uable when he gets ready to enter the U. S. A. C. at Logan. Congratulations. Elias Andersen, Wilford Nielsen, Elmer Nielsen, Don Hunsaker, were some of the teachers named for the new Y. M. M. I. A. Last Tuesday the Farm Bureau was reorganized. Three directors were chosen, they being J. M. Mortensen, John Bronson, and Ed. Heslop. They have not yet chosen their president, as they are waiting for the Ladies to We have got some real live men in our organization. Let's get behind them and wake up the Farm Bureau work. Friday night, the following were at a house party given by Mr. and guests Mr. and Mrs. Ephraim Hansen Arlen Dewey, at their home Mrs. and small children wen to Brigham on in Brigham City: Mr. and Mrs. Alvin business. Mr. and Mrs. A. R. Burbank, Mrs. M. L. Hunsaker, son Moyle, Norr, and Mr. and Mrs. Marvin Dustman, daughter Alice; Mr. and Mrs. Nephi all of Deweyville. Duster, Mr. and Mrs. George Burden Saturday night, a house party was and baby went to Garland last Wed- given at the home of Mr. and Mrs. A nesday evening to visit with Mrs. Wilford Miller, of this place. Elise Kidman. lunch was served at nine dainty On Thursday, January 27, Mrs. M. o'clock. Rook was played and "Ham L. Hunsaker was called to Corinne and Eggs" served at an early hour. where her brother Charles Ross' baby Those enjoying the party were; Mr. She and Mrs. Marvin Dustman, Mr. and was very ill with pneumonia. stayed ther until the baby got better. Mrs. A. R. Burbank, Mr. and Mrs. She was accompanied back by her Con Fryer, Mr. and Mrs. C. P. Jensen, mother, Mrs. T. A. Nielsen of Provo, all of this place. who will visit here for a while. Mrs. Mr. and Mrs. Duett Loveland and Nielsen was formerly Mrs. Dan Ross Miss Mabel Ault attended the Basket of Tremonton. Ball game between Dewey' and the Mr. Lorenzo Hunsaker returned first ward of Brigham. Also the dance Monday after a trip to Salt Lake and at Brigham, Saturday night Ogden where he visited with relatives Saturday night, Mr. and Mrs. Alvin as well as hunting employment. attended the basket ball game Norr, Mrs. Gertrude Hansen of Mink and were guests at a house party Creek, Idaho, is spending a week given at the home of Mr. Norr's visiting her brother, H. C. Hansen, be- brother Reen, at Brigham City. fore returning to her home. Deweyville Basket ball team was The M. Men's Basket Ball team victorious at their game at Brigham plaved two games the last week one City with the Fifth ward team of that with Bothwell last Thursday, and one place. A number of our community with Deweyville on Monday. February accompanied the team, Saturday 3rd. They were defeated in both night. Dwain Romer sprained his games. Mr. and Mrs. H. A. Lish were in f.nkle and Dwain Frank had a rib Ogden, Saturday. broken playing Basket ball. The still A special program was rendered at want to stay with it until thev are conjoint meeting Sunday ngiht. Pres. Roy Larsen and 'Wayne Horace Barnard talked on the life of through. Larsen are substitutes. The boys have Pres. F. Smith. The slogan one more game to play at Tremonton was Joseph by given solo, next Thursday. Although they have Horace Lish, Lavoy Burhank, piona solo, Elisie Bar-narlost nearly every game, their staying and a reading by Jay Farmer. quality and clean sportmanship must Mrs. Fred Harwood and son Marion, be admired. of Salt Lake Deweyville d, were visiting relatives, Hansen and his sister Ger- here, Sunday. trude went to Bear River Citv last Mr. and Mrs. Wilford Miller and .Sunday to visit their nephew, Vernon daughter, Virginia, were visiting relHansen, who has been very sick with atives at Petersboro, Sunday. blood poisoning. Sunday, the following had birthday Mr. and Mrs. W. W. Nielsen went dinner with Mr. and Mrs. Lloyd Lish, to Brierham last Sunday to attend a it being in honor of Mr. Lish: Mr. funeral of a relative. and Mrs. M. A. Lish, father and day. M. I A. Stake President for The M. I. A. program Sundav eve mother of Mr. Lish, and other relLewis Jones of Brigham City Mrs. T. R. Ault and atives; ning was well attended, Mr. Walker daughter ve a very interesting talk on "Law and Mrs. Shirts of the B. R. High Mabel; Mr. and Mrs. Duett Loveland Obedience", here last Sunday night and son Darrell, and School were the visitors. The followA. daughter, Milgoodly number turned out." and dred Jean, all of Deweyville; ing program was rendered: Quartette, and and his appreciated Mrs. HaJes talk and as and family, sloean bv Fred Harwood and son Marion, tan well the and niano solo by of Salt Lake and the Howard Capener; two cornet solos by following relMr Edithreading Gephart of Tremonton. called udring the afternoon: atives, Mepnen Hales; reading. Miss Lulu The combined Sunday school and Mr. Earl of Fielding; talk by Karl WellH. A. Lish, and daughfast meeting ws well attended last ters and Mrs. Lucille ing; duet by the Wood's sisters, of that income. Naomi, and and the Sunday, being Misses Thelma and Phvllis, of Fieldlargest Fast meet- son Horace; Mr. and Mrs. Gloria, Why not create such a taxiing A. R. Bursince the new chapel was built bank and sons Lowell. ing; reading, Mabel Hadfield; trom- system? Wherein each appropriation ing Odell, Douglass bone solo, Newell Ward, assisted by act will levy automatically its total The teachers keep the little folks busy and Kenneth, all of Deweyville Miss Edna Mae Ward, who nUo cost as limited in the act upon each m their class rooms. Mr. and Mrs. Kim Mann and assisted Mr. Hales, rewarks by Mr. persons productive ability and resbabv, Merrill spent Tuesday, OU Walker. determined as the by ponsibility Wednesday R. C. Richards accompanied bv his column rate and income line in the and Thursday, of last week in Sa't father, Myron Richards of Garland Etta method equalization tax table. Lake visiting Mr. and Mrs. L. S and brother Elmer of Fielding, went See Basic table at close of this paper. Mann. Mr. and Mrs. McClure. M- -' to Farmington, Tuesday, to attend the Then when the states and nation and Mrs. Mann are both improving in . funeral of Myron Richards's brother, have adopte such a measure in com- health. J. P. Christensen visited with relEzra. mon cooperation each tax payer can MAKE GOOD OR WE DO A. A. Capener was in Ogden, Tues- pay his share of all taxes for local, atives in Bear River C'ty R3member the show and dance will state and national pui poses direct to day on business. Co. Glen Walker had recovered from his county treasurer according to the be put on here next Friday beginning his recent illness enough to return to rates for his sized income as shown 7:30 o'clock. Tickets 35c, which will Tremonton, Utah Phone 20 The include the dance also. Mrs. Walker and by this equalization tax table. Idaho, Monday. act then can revenue internal him. daughter accompanied agents Mrs. Tracy Welling spent several as inspectors for ail local tax offices. days in Salt Lake with her husband And any tax collector officer as now this week. chosen who fails to act properly in Mr. and Mrs. J. A. Capener of Salt this cooperative tax taking can be Lake spent Monday night at the A. A. immediately removed on proper comCapener home. plaint . ALWAYS AT YOUR SERVICE The basket ball game between the States can adopt this method ahead local team and Collinston last week of a cooperative tax act by the nationwas very interesting, the visitors They can ask permisg al government. sion to use the national income tax by only one point Mr. and Mrs. August Forsberg and experiences and to have advice and son, John, went to Salt Lake Thurs- cooperation of the national internal Mr. Forsberg and Jack came revenue agents. They should repeal day. back Friday but Mrs. Forsberg re- the general property tax on fixed mains to visit with her duaghter, Mrs. Evaluations and limit the total expen Harold Petersen for a week or ten ditures per capita that may be authordays. ized each year so as t o limit Etta Assessments. The man who thinks he cannot be This consolidation of tax collecting fooled already is. operations will save much expense and doesn't long sur- there will be no infringement of local vive if government itself tries to do it states and popular sovereignity all. rights. For those rights are reserved Why fall out with people ? Do you to each citizen and locality by the cuss an oak tree because it doesn't national constitution. The great funbear apples? ction of that constitution is to des cribe and limit the government so that free institutions may be developed and maintained by the people as individuals and as localities. Whenever the total Etta Assess ment chargeable to anv district . . . FLOUR of the budget expectareaches 90 tion column rate, then the next higher See in Window column rate will be automatically MASH levied in the district as the appropriations are enacted by the legislative Soda power of states and nation, by commissioners, by trustees, by aldermen Nut Sundaes or by local democratic districts. This column rate levy in excess of 2 for Malted Milks the budget estimates of income and expenditures is a necessary part of this plan both to avoid deficiencies on' College Malts Milk Shakes . account of unanticipated failures to TREMONTON produce and in order to get and keep Ice Cream, pints .. the public treasuries on a cash basis. MILLING CO. Each year whatever surplus is realiz Ice Cream Sodas ed by this method will go first to pay Quarts out any bonds and other indebtedness and then to create a surplus fund for FINEST LINE OF CANDIES IN THE CITY each taxing unit. Normally nine tenths of each ap which- - win-run- THAT GOOD COAL on (In the article which follows, Etta, Equalization of Taxes, the word for simplicity, is used as an abbreviation of "Equalization Tax Table ApThe basic propriation Assessment" of the plan submitted is an argument again: t separation of the individual's capital from earnings and, property, personal or real, and the placing of a, uniform tax on the individual's pro-ductivity, whether that productivity comes from earnings or ownership of property. The opinion advanced is that of the writer, for which the editor cf the Leader accepts neither credit or responsibility. ED.) PART B Income Modified By Productive Ability Of Men and Wealth Etta Assessments are made automatically by each appropriation upon the earning power of the tax payers and their property according to this equalization Tax Table that places automatically each person's tax rate in proportion to relative ability of those who pay taxes. Net income Is sure evidence of earning power but the absence of net income is no evidence that any person has no net earning power or Productive ability. The Productive Ability of any locality is merely the net income of all persons therein who attempt each year to make full use of their ability and of their property, plus the seasonable but aibitrary assigned earning power of persons who do not make full use and resonable employment of their ability and property. Some special taxes are consistant with Etta Assessments. For a time two special taxes will be necessary on present property valuations, to enable us to pay off debts of states and their subdivisions and to enable cities to attain better use of their areas. Today there is a general disposition to make the other fellow pay more of the local taxes. The unsound American method in use for levying our basic state taxes is to blame for this dangerous disposition, dangerous to morals and to prosperity. When we use such a basis only for special temporary taxes this common feeling that we ara paying more than our share, Rut. :ir v aDDroDriation East Tremonton ; IT. C. Box-elde- r, en-joy- H H. G. Scott Drug Go. YOU CANNOT BUY A BETTER RADIO SET THAN MAJESTIC AT ANY PRICE i BY D. W. JENKINS the ue of propriation will be met by funds until iinv other unappropriated ear such funds are used up each Fronk Chevrolet Priced at $116.50 to $167.50 I TREMONTON MAN SUBMITS PLAN FOR TAX EQUALIZATION ! is the greatest improvement yet offered in radio reproduction. It is the first speaker to reproduce both instrumental music and the human voice with equal clarity and realism. And so reasonably priced too. at $1.10, Duuth Phone 47 - Tremonton, Utah Where Savings are The Greatest February 14th nt UTAH FAVORITE Valentines Day We have Valentines 1 Beautiful Display DAIRY At Our and POULTRY FEEDS 1 25c 10c 10c Tremonton d1 lCI0t)l All Prices from Utah Fountain 15 15 25c OUC |