Elburn/np-hl ,/,-hl Ill./np-hl 
--/-- Farm/nn machinery/nn dealer/nn Bob/np Houtz/np tilts/vbz back/rb in/in a/at battered/vbn chair/nn and/cc tells/vbz of/in a/at sharp/jj pickup/nn in/in sales/nns :/: ``/`` We've/ppss+hv sold/vbn four/cd corn/nn pickers/nns since/in Labor/nn-tl Day/nn-tl and/cc have/hv good/jj prospects/nns for/in 10/cd more/ap ./.
We/ppss sold/vbd only/rb four/cd pickers/nns all/abn last/ap year/nn ''/'' ./.


	Gus/np Ehlers/np ,/, competitor/nn of/in Mr./np Houtz/np in/in this/dt farm/nn community/nn ,/, says/vbz his/pp$ business/nn since/in August/np 1/cd is/bez running/vbg 50%/nn above/in a/at year/nn earlier/rbr ./.
``/`` Before/in then/rb ,/, my/pp$ sales/nns during/in much/ap of/in the/at year/nn had/hvd lagged/vbn behind/in 1960/cd by/in 20%/nn ''/'' ,/, he/pps says/vbz ./.


	Though/cs the/at sales/nns gains/nns these/dts two/cd dealers/nns are/ber experiencing/vbg are/ber above/in average/nn for/in their/pp$ business/nn ,/, farm/nn equipment/nn sales/nns are/ber climbing/vbg in/in most/ap rural/jj areas/nns ./.
Paradoxically/rb ,/, the/at sales/nns rise/nn is/bez due/jj in/in large/jj measure/nn to/in Government/nn-tl efforts/nns to/to slash/vb farm/nn output/nn ./.
Although/cs the/at Administration's/nn$-tl program/nn cut/vbd crop/nn acreage/nn to/in the/at lowest/jjt point/nn since/in 1934/cd ,/, farmers/nns ,/, with/in the/at help/nn of/in extra/jj fertilizer/nn and/cc good/jj weather/nn ,/, are/ber getting/vbg such/jj high/jj yields/nns per/in acre/nn that/cs many/ap are/ber being/beg forced/vbn to/to buy/vb new/jj harvesting/vbg machines/nns ./.
Fields/nns of/in corn/nn and/cc some/dti other/ap crops/nns in/in many/ap cases/nns are/ber so/ql dense/jj that/cs older/jjr equipment/nn cannot/md* handle/vb them/ppo efficiently/rb ./.
The/at higher/jjr price/nn supports/nns provided/vbn by/in the/at new/jj legislation/nn ,/, together/rb with/in rising/vbg prices/nns for/in farm/nn products/nns ,/, are/ber pushing/vbg up/rp farm/nn income/nn ,/, making/vbg it/ppo possible/jj for/cs farmers/nns to/to afford/vb the/at new/jj machinery/nn ./.


	Seven/cd of/in the/at eight/cd companies/nns that/wps turn/vb out/rp full/jj lines/nns of/in farm/nn machinery/nn say/vb sales/nns by/in their/pp$ dealers/nns since/in the/at start/nn of/in August/np have/hv shown/vbn gains/nns averaging/vbg nearly/rb 10%/nn above/in last/ap year/nn ./.
``/`` In/in August/np our/pp$ dealers/nns sold/vbd 13%/nn more/ap farm/nn machinery/nn than/in a/at year/nn earlier/rbr and/cc in/in September/np retail/jj sales/nns were/bed 14%/nn higher/jjr than/cs last/ap year/nn ''/'' ,/, says/vbz Mark/np V./np Keeler/np ,/, farm/nn equipment/nn vice/nn president/nn of/in International/jj-tl Harvester/np-tl Co./nn-tl ./.
For/in the/at year/nn to/in date/nn ,/, sales/nns of/in the/at company's/nn$ farm/nn equipment/nn dealers/nns still/rb lag/vb about/rb 5%/nn behind/in 1960/cd ./.



Two/cd-hl of/in-hl three/cd-hl report/vb-hl gains/nns-hl 
Among/in individual/jj dealers/nns questioned/vbn in/in nearly/rb a/at score/nn of/in states/nns ,/, two/cd out/in of/in three/cd report/vb their/pp$ sales/nns since/in August/np 1/cd show/vb sizable/jj gains/nns from/in a/at year/nn earlier/rbr ,/, with/in the/at increases/nns ranging/vbg from/in 5%/nn to/in 50%/nn ./.
Not/* all/abn sections/nns are/ber showing/vbg an/at upswing/nn ,/, however/wrb ;/. ;/.
the/at drought-seared/jj North/jj-tl Central/jj-tl states/nns are/ber the/at most/ql notable/jj exceptions/nns to/in the/at uptrend/nn ./.


	The/at significance/nn of/in the/at pickup/nn in/in farm/nn machinery/nn sales/nns extends/vbz beyond/in the/at farm/nn equipment/nn industry/nn ./.
The/at demand/nn for/in farm/nn machinery/nn is/bez regarded/vbn as/cs a/at yardstick/nn of/in rural/jj buying/nn generally/rb ./.
Farmers/nns spend/vb more/ap of/in their/pp$ income/nn on/in tractors/nns and/cc implements/nns than/cs on/in any/dti other/ap group/nn of/in products/nns ./.
More/ap than/in 20/cd million/cd people/nns live/vb on/in farms/nns and/cc they/ppss own/vb a/at fourth/od of/in the/at nation's/nn$ trucks/nns ,/, buy/vb more/ap gasoline/nn than/cs any/dti other/ap industry/nn and/cc provide/vb a/at major/jj market/nn for/in home/nr appliances/nns ,/, chemicals/nns and/cc other/ap products/nns ./.


	Farmers/nns are/ber so/ql eager/jj for/in new/jj machinery/nn that/cs they're/ppss+ber haggling/vbg less/rbr over/in prices/nns than/cs they/ppss did/dod a/at year/nn ago/rb ,/, dealers/nns report/vb ./.


	``/`` Farmers/nns aren't/ber* as/ql price/nn conscious/jj as/cs last/ap year/nn so/cs we/ppss can/md get/vb more/ap money/nn on/in a/at sale/nn ''/'' ,/, says/vbz Jack/np Martin/np ,/, who/wps sells/vbz J./np I./np Case/np tractors/nns and/cc implements/nns in/in Sioux/nps City/nn-tl ,/, Iowa/np ./.
``/`` This/dt morning/nn ,/, we/ppss allowed/vbd a/at farmer/nn $600/nns on/in the/at old/jj picker/nn he/pps traded/vbd in/rp on/in a/at new/jj $2,700/nns model/nn ./.
Last/ap year/nn ,/, we/ppss probably/rb would/md have/hv given/vbn him/ppo $700/nns for/in a/at comparable/jj machine/nn ''/'' ./.
Mr./np Martin/np sold/vbd 21/cd tractors/nns in/in August/np ;/. ;/.
in/in August/np of/in 1960/cd ,/, he/pps sold/vbd seven/cd ./.



Dealers'/nns$-hl stocks/nns-hl down/rp-hl 
With/in dealer/nn stocks/nns of/in new/jj equipment/nn averaging/vbg about/rb 25%/nn below/in a/at year/nn ago/rb ,/, the/at affects/nns of/in the/at rural/jj recovery/nn are/ber being/beg felt/vbn almost/ql immediately/rb by/in the/at country's/nn$ farm/nn equipment/nn manufacturers/nns ./.
For/in example/nn ,/, farm/nn equipment/nn shipments/nns of/in International/jj-tl Harvester/np-tl in/in August/np climbed/vbd about/rb 5%/nn above/in a/at year/nn earlier/rbr ,/, Mr./np Keeler/np reports/vbz ./.


	Tractor/nn production/nn at/in Massey-Ferguson/np ,/, Ltd./vbn-tl ,/, of/in Toronto/np in/in July/np and/cc August/np rose/vbd to/in 2,418/cd units/nns from/in 869/cd in/in the/at like/jj period/nn a/at year/nn earlier/rbr ,/, says/vbz John/np Staiger/np ,/, vice/nn president/nn ./.


	With/in the/at lower/jjr dealer/nn inventories/nns and/cc the/at stepped-up/jj demand/nn some/dti manufacturers/nns believe/vb there/ex could/md be/be shortages/nns of/in some/dti implements/nns ./.
Merritt/np D./np Hill/np ,/, Ford/np-tl Motor/nn-tl Co./nn-tl vice/nn president/nn ,/, says/vbz his/pp$ company/nn is/bez starting/vbg to/to get/vb calls/nns daily/rb from/in dealers/nns demanding/vbg immediate/jj delivery/nn or/cc wanting/vbg earlier/jjr shipping/vbg dates/nns on/in orders/nns for/in corn/nn pickers/nns ./.


	Except/in for/in a/at few/ap months/nns in/in late/jj 1960/cd and/cc early/jj 1961/cd ,/, retail/jj farm/nn equipment/nn sales/nns have/hv trailed/vbn year-earlier/jjr levels/nns since/in the/at latter/ap part/nn of/in 1959/cd ./.
The/at rise/nn in/in sales/nns last/ap winter/nn was/bedz checked/vbn when/wrb the/at Government's/nn$-tl new/jj feed/nn grain/nn program/nn was/bedz adopted/vbn ;/. ;/.
the/at program/nn resulted/vbd in/rp a/at cutback/nn of/in around/rb 20%/nn in/in planted/vbn acreage/nn and/cc ,/, as/cs a/at result/nn ,/, reduced/vbd the/at immediate/jj need/nn for/in machines/nns ./.


	Nearly/rb all/abn of/in the/at farm/nn equipment/nn manufacturers/nns and/cc dealers/nns say/vb the/at upturn/nn in/in sales/nns has/hvz resulted/vbn chiefly/rb from/in the/at recent/jj improvement/nn in/in crop/nn prospects/nns ./.
Total/nn farm/nn output/nn for/in this/dt year/nn is/bez officially/rb forecast/vbn at/in 129%/nn of/in the/at 1947-49/cd average/nn ,/, three/cd points/nns higher/rbr than/cs the/at July/np 1/cd estimate/nn and/cc exactly/ql equal/jj to/in the/at final/jj figure/nn for/in 1960/cd ./.


	The/at Government/nn-tl also/rb is/bez aiding/vbg farmers'/nns$ income/nn prospects/nns ./.
Agriculture/nn-tl Department/nn-tl economists/nns estimate/vb the/at Government/nn-tl this/dt year/nn will/md hand/vb farmers/nns $1.4/nns billion/cd in/in special/jj subsidies/nns and/cc incentive/nn payments/nns ,/, well/ql above/in the/at record/nn $1.1/nns billion/cd of/in 1958/cd and/cc about/rb double/jj the/at $639/nns million/cd of/in 1960/cd ./.
Price/nn support/nn loans/nns may/md total/vb another/dt $1/nn billion/cd this/dt year/nn ./.
With/in cash/nn receipts/nns from/in marketings/nns expected/vbn to/to be/be slightly/rb above/in 1960/cd ,/, farmers'/nns$ gross/nn income/nn is/bez estimated/vbn at/in $39.5/nns billion/cd ,/, $1.5/nns billion/cd above/in 1960's/cd$ record/nn high/nn ./.
Net/nn income/nn may/md reach/vb $12.7/nns billion/cd ,/, up/rp $1/nn billion/cd from/in 1960/cd and/cc the/at highest/jjt since/in 1953/cd ./.
The/at Government/nn-tl reported/vbd last/ap week/nn that/cs the/at index/nn of/in prices/nns received/vbn by/in farmers/nns rose/vbd in/in the/at month/nn ended/vbn at/in mid-September/np for/in the/at third/od consecutive/jj month/nn ,/, reaching/vbg 242%/nn of/in the/at 1910-14/cd average/nn compared/vbn with/in 237%/nn at/in mid-July/np ./.


	Kennedy/np opposes/vbz any/dti widespread/jj relief/nn from/in a/at High/jj-tl Court/nn-tl depletion/nn ruling/nn ./.


	The/at Supreme/jj-tl Court/nn-tl decision/nn in/in mid-1960/cd was/bedz in/in the/at case/nn of/in a/at company/nn making/vbg sewer/nn pipe/nn from/in clay/nn which/wdt it/pps mined/vbd ./.
The/at company/nn ,/, in/in figuring/vbg its/pp$ taxable/jj earnings/nns ,/, deducted/vbd a/at percentage/nn of/in the/at revenue/nn it/pps received/vbd for/in its/pp$ finished/vbn products/nns ./.
Such/jj ``/`` depletion/nn allowances/nns ''/'' ,/, in/in the/at form/nn of/in percentages/nns of/in sales/nns are/ber authorized/vbn by/in tax/nn law/nn for/in specified/vbn raw/jj materials/nns producers/nns using/vbg up/rp their/pp$ assets/nns ./.
The/at High/jj-tl Court/nn-tl held/vbd that/cs the/at company/nn must/md apply/vb its/pp$ percentage/nn allowance/nn to/in the/at value/nn of/in the/at raw/jj materials/nns removed/vbn from/in the/at ground/nn ,/, not/* to/in the/at revenue/nn from/in finished/vbn products/nns ./.


	A/at measure/nn passed/vbd by/in Congress/np just/rb before/cs adjourning/vbg softened/vbd the/at ruling's/nn$ impact/nn ,/, on/in prior-year/nn returns/nns still/rb under/in review/nn ,/, for/in clay-mining/nn companies/nns that/wps make/vb brick/nn and/cc tile/nn products/nns ./.
The/at measure/nn allows/vbz such/jj companies/nns in/in those/dts years/nns to/to apply/vb their/pp$ mineral/nn depletion/nn allowances/nns to/in 50%/nn of/in the/at value/nn of/in the/at finished/vbn products/nns rather/in than/in the/at lower/jjr value/nn of/in raw/jj clay/nn alone/rb ./.


	President/nn-tl Kennedy/np ,/, in/in signing/vbg the/at relief/nn measure/nn into/in law/nn ,/, stressed/vbd he/pps regarded/vbd it/ppo as/cs an/at exception/nn ./.
``/`` My/pp$ approval/nn of/in this/dt bill/nn should/md not/* be/be viewed/vbn as/cs establishing/vbg a/at precedent/nn for/in the/at enactment/nn of/in similar/jj legislation/nn for/in other/ap mineral/nn industries/nns ''/'' ,/, the/at President/nn-tl said/vbd ./.




Charitable/jj deductions/nns come/vb in/rp for/in closer/jjr scrutiny/nn by/in the/at I.R.S./np ./.


	The/at Service/nn-tl announced/vbd that/cs taxpayers/nns making/vbg such/jj claims/nns may/md be/be called/vbn on/rp to/to furnish/vb a/at statement/nn from/in the/at recipient/nn organization/nn showing/vbg the/at date/nn ,/, purpose/nn ,/, amount/nn and/cc other/ap particulars/nns of/in the/at contribution/nn ./.
Requests/nns for/in substantiation/nn ,/, the/at Service/nn-tl indicated/vbd ,/, can/md be/be especially/rb expected/vbn in/in cases/nns where/wrb it/pps suspects/vbz the/at donor/nn received/vbd some/dti material/nn benefit/nn in/in return/nn ,/, such/jj as/cs tickets/nns to/in a/at show/nn ./.


	In/in such/jj an/at instance/nn ,/, revenuers/nns stressed/vbd ,/, the/at deduction/nn must/md be/be reduced/vbn by/in the/at value/nn of/in the/at benefit/nn received/vbn ./.




A/at rule/nn on/in the/at Federal/jj-tl deductibility/nn of/in state/nn taxes/nns is/bez contested/vbn ./.


	A/at realty/nn corporation/nn in/in Louisiana/np owed/vbd no/at tax/nn ,/, under/in Federal/jj-tl law/nn ,/, on/in its/pp$ gain/nn from/in the/at sale/nn of/in property/nn disposed/vbn of/in in/in line/nn with/in a/at plan/nn of/in liquidation/nn ./.
Louisiana/np ,/, however/wrb ,/, collected/vbd an/at income/nn tax/nn on/in the/at profits/nns from/in the/at sale/nn ./.
The/at corporation/nn ,/, in/in filing/vbg its/pp$ final/jj Federal/jj-tl income/nn return/nn ,/, claimed/vbd the/at state/nn tax/nn payment/nn as/cs a/at deductible/jj expense/nn ,/, as/cs permitted/vbn under/in U.S./np tax/nn law/nn ./.


	The/at Revenue/nn-tl Service/nn-tl disallowed/vbd the/at claim/nn ,/, invoking/vbg a/at law/nn provision/nn that/wps generally/rb bars/vbz deductions/nns for/in expenses/nns incurred/vbn in/in connection/nn with/in what/wdt it/pps said/vbd was/bedz tax-exempt/jj income/nn ./.
The/at Tax/nn-tl Court/nn-tl rejected/vbd this/dt view/nn ./.
It/pps said/vbd the/at tax-freedom/nn of/in the/at gain/nn in/in this/dt case/nn stemmed/vbd not/* from/in the/at exempt/jj status/nn of/in the/at income/nn but/cc from/in a/at special/jj rule/nn on/in corporate/jj liquidations/nns ./.


	The/at Tax/nn-tl Court/nn-tl decision/nn and/cc a/at similar/jj earlier/jjr finding/nn by/in the/at Ninth/od-tl Circuit/nn-tl Court/nn-tl of/in-tl Appeals/nns-tl challenges/vbz a/at year-old/jj I.R.S./np ruling/nn on/in the/at subject/nn ./.
The/at Service/nn-tl has/hvz not/* said/vbn what/wdt its/pp$ next/ap step/nn will/md be/be ./.




Peace/nn-tl Corps/nn-tl volunteers/nns are/ber assured/vbn a/at tax/nn benefit/nn under/in the/at law/nn creating/vbg the/at agency/nn ./.
It/pps provides/vbz that/cs the/at $1,800/nns termination/nn payment/nn each/dt cadet/nn is/bez to/to get/vb ,/, after/cs serving/vbg a/at two-year/jj hitch/nn without/in pay/nn ,/, will/md be/be spread/vbn over/in both/abx years/nns ,/, not/* taxed/vbn in/in its/pp$ entirety/nn at/in a/at possibly/rb higher/jjr rate/nn in/in the/at year/nn received/vbn ./.




The/at owner/nn of/in a/at public/jj relations/nns firm/nn owed/vbd no/at income/nn tax/nn on/in payments/nns he/pps received/vbd from/in a/at client/nn company/nn and/cc ``/`` kicked/vbd back/rb ''/'' to/in the/at company's/nn$ advertising/nn manager/nn ,/, the/at Tax/nn-tl Court/nn-tl ruled/vbd ./.
The/at taxpayer/nn testified/vbd that/cs in/in order/nn to/to retain/vb the/at account/nn he/pps had/hvd to/to pad/vb his/pp$ invoices/nns and/cc pay/vb the/at excess/nn to/in the/at manager/nn ./.
The/at Court/nn-tl upheld/vbd the/at taxpayer's/nn$ contention/nn that/cs these/dts ``/`` kickbacks/nns ''/'' were/bed not/* his/pp$ income/nn though/cs they/ppss passed/vbd through/in his/pp$ hands/nns ./.
The/at Court/nn-tl limited/vbd its/pp$ decision/nn to/in the/at tax/nn issue/nn involved/vbn ,/, commenting/vbg :/: ``/`` It/pps is/bez not/* our/pp$ province/nn to/to pass/vb judgment/nn on/in the/at morality/nn of/in the/at transaction/nn ''/'' ./.




A/at portable/jj kerosene/nn range/nn designed/vbn for/in use/nn aboard/in boats/nns is/bez sold/vbn with/in a/at special/jj railing/nn to/to keep/vb it/ppo from/in moving/vbg with/in the/at motion/nn of/in the/at vessel/nn ./.
The/at Revenue/nn-tl Service/nn-tl said/vbd the/at addition/nn of/in the/at attachment/nn does/doz not/* keep/vb the/at range/nn from/in coming/vbg under/in the/at Federal/jj-tl manufacturers'/nns$ excise/nn tax/nn on/in household-type/jj appliances/nns ./.




Hiring/vbg the/at wife/nn for/in one's/pn$ company/nn may/md win/vb her/ppo tax-aided/jj retirement/nn income/nn ./.


	A/at spouse/nn employed/vbn by/in a/at corporation/nn her/pp$ husband/nn controls/vbz ,/, for/in example/nn ,/, may/md be/be entitled/vbn to/in distributions/nns under/in the/at company's/nn$ pension/nn plan/nn as/ql well/rb as/cs to/in her/pp$ own/jj Social/jj-tl Security/nn-tl coverage/nn ./.
She/pps would/md be/be taxed/vbn on/in the/at pensions/nns when/wrb received/vbn ,/, of/in course/nn ,/, but/cc the/at company's/nn$ contributions/nns would/md be/be tax-free/jj ./.


	A/at frequent/jj pitfall/nn in/in this/dt sort/nn of/in arrangement/nn ,/, experts/nns warn/vb ,/, is/bez a/at tendency/nn to/to pay/vb the/at wife/nn more/ap than/cs her/pp$ job/nn is/bez worth/jj and/cc to/to set/vb aside/rb an/at excessive/jj amount/nn for/in her/ppo as/cs retirement/nn income/nn ./.
In/in that/dt event/nn ,/, they/ppss note/vb ,/, the/at Revenue/nn-tl Service/nn-tl might/md declare/vb the/at pension/nn plan/nn is/bez discriminatory/jj and/cc deny/vb it/ppo tax/nn privileges/nns under/in the/at law/nn ./.


	Possible/jj upshots/nns :/: The/at company/nn could/md be/be denied/vbn a/at deduction/nn for/in its/pp$ pension/nn payments/nns ,/, or/cc those/dts payments/nns for/in the/at wife/nn and/cc other/ap employes/nns could/md be/be ruled/vbn taxable/jj to/in them/ppo in/in the/at year/nn made/vbn ./.




State/nn briefs/nns :/: Voters/nns in/in four/cd counties/nns containing/vbg and/cc bordering/vbg Denver/np authorized/vbd the/at imposition/nn of/in an/at additional/jj 2%/nn sales/nns tax/vb within/in that/dt area/nn ./.
Colorado/np has/hvz a/at 2%/nn sales/nns tax/nn ./.
Denver/np itself/ppl collects/vbz a/at 1%/nn sales/nns tax/vb which/wdt is/bez to/to be/be absorbed/vbn in/in the/at higher/jjr area/nn tax/nn ./.
The/at Washington/np state/nn supreme/jj court/nn ruled/vbd that/cs the/at state's/nn$ occupation/nn tax/nn applied/vbd to/in sales/nns ,/, made/vbn at/in cost/nn to/in an/at oil/nn company/nn ,/, by/in a/at wholly-owned/jj subsidiary/nn set/vbn up/rp to/to purchase/vb certain/jj supplies/nns without/in divulging/vbg the/at identity/nn of/in the/at parent/nn ./.
The/at state's/nn$ occupation/nn tax/nn is/bez computed/vbn on/in gross/nn sales/nns ./.
The/at court/nn held/vbd that/cs the/at tax/nn applied/vbd to/in non-profit/jj sales/nns because/cs the/at corporations/nns realized/vbd economic/jj benefits/nns by/in doing/vbg business/nn as/cs two/cd separate/jj entities/nns ./.
Washington/np-hl 
--/-- Consumer/nn spending/nn edged/vbd down/rp in/in April/np after/cs rising/vbg for/in two/cd consecutive/jj months/nns ,/, the/at Government/nn-tl reported/vbd ./.


	The/at Commerce/nn-tl Department/nn-tl said/vbd seasonally/rb adjusted/vbn sales/nns of/in retail/jj stores/nns dropped/vbd to/in slightly/rb under/in $18/nns billion/cd in/in April/np ,/, down/rp 1%/nn from/in the/at March/np level/nn of/in more/ap than/in $18.2/nns billion/cd ./.
April/np sales/nns also/rb were/bed 5%/nn below/in those/dts of/in April/np last/ap year/nn ,/, when/wrb volume/nn reached/vbd a/at record/nn for/in any/dti month/nn ,/, $18.9/nns billion/cd (/( see/vb chart/nn on/in Page/nn One/cd-tl )/) ./.


	The/at seasonal/jj adjustment/nn takes/vbz into/in account/nn such/jj factors/nns as/cs Easter/np was/bedz on/in April/np 2/cd this/dt year/nn ,/, two/cd weeks/nns earlier/rbr than/in in/in 1960/cd ,/, and/cc pre-Easter/jj buying/nn was/bedz pushed/vbn into/in March/np ./.


	Commerce/nn-tl Department/nn-tl officials/nns were/bed inclined/vbn to/to explain/vb the/at April/np sales/nns decline/vb as/cs a/at reaction/nn from/in a/at surge/nn of/in consumer/nn buying/nn in/in March/np ./.
Adjusted/vbn sales/nns that/dt month/nn were/bed up/rp a/at relatively/ql steep/jj 2.5%/nn from/in those/dts of/in the/at month/nn before/rb ,/, which/wdt in/in turn/nn were/bed slightly/ql higher/jjr than/cs the/at January/np low/nn of/in $17.8/nns billion/cd ./.