davidaulloa/AmericanStories huggingface dataset:
Evening star., 1925-03-31
SENSATIONAL DROP
IN GRAIN MARKET
Stampede to Sell Wheat
Sends May Delivery to
New Low Mark.
By the Associated Press.


CHICAGO, March 31.-All grain
prices took a sensational downward
turn here today soon after trading
began. Wheat led the way with
fresh loss of 615 a bushel. Efforts to
stop a new stampede to sell failed
until May wheat had fallen to 1901
Then a reaction of 2 cents a bushel
took place. Big overnight margin
calls to protect brokerage houses did
much to bring about todays selling,
and there were also disrdCb.1g re-
ports afioat SIS to likelihood Of finan-
ciaI difficulties in european coun-
tries. Chicago opening prices, which
ranged from Y decline to l advance,
May 1.46h to 1.4S and July 1876 to I.37,
were followed by many swift changes
within limits of about 3 cents and
then pv a plunge TO far below yester
days finish.
Corn. oats and provisions went down
simultaneously with wheat. Selling
out to stop losses on the part OF
owners of corn and oats was general
in the face of unusual lack of demand
from buyers. Corn frequently drop
per Il between trades. After open
ing unchanged to II off, May 107 to
107 II, the corn market tumbled to
1922 May, a break of 5 cents, and
then reacted about 2 cents.
Oats started at g lower to a ad-
vance, May 40s4 to 4112, and later
touched SO.
Provisions showed losses of nearly
so cents in some cases. May lard de-
scended to 1850 and then rallied to
1575
Evening star., 1925-03-31
GAINS IN STOCKS
DURING AFTERNOON
Many Popular Shares Rule
Three Points or More
Above Recent Lows.
BY STUART Il. WEST.

Special Dispatch to The Star.
NEW YORK, March 31.-Stocks
pursued an uncertain course today,
hut with few exceptions the price
level was little changed from the
previous close.
Weak spots cropped out here ana
there. the American Hide and
Leather preferred shares being the
most prominent. On the other hand,
operations for the rise were resumed
in numerous Specialties. Industrial
leaders like L. S. Steel, Baldwin
Locomotive and American Can were
very uneven.
Call Money Advanced.
The further break in the grain mar
ket had an unfavorable influence on
the share list and some attention was
paid to the advance in the call money
renewal to 42i per cent as compared
with Az per cent on Monday. over
night margin calls sent out by vari-
Gus commission houses resulted in
quite an amount of forced selling.
American Hide and Leather pre-
ferred was quoted Monday at &c -.
1t sold down to go before it encoun-
tered support. This was simply the
result of so called distress selling.
The same sort of thing was noted in
one or two other industrials, with a
very narrow market
Can Holds Up Well.
The Street was rather pleased with
the way American Can acted after
the directors met md cid nothing
more than declare the regular divi-
dend at the rate of 81. There had
been lot of talk about capital
Splitup, and the fact that nothing
was said on this subject provided a
good deal of a test for he market
in these high-priced shares. Ameri-
can Can dropped , points or so, then
quickly rallied. The inference com
monty drawn was that this was fur
ther proof that big distribution OF
American Can had not yet occurred.
Much short Covering.
Other high priced industrials showed
the effects at times of short covering,
among them General Electric and
United States Cast Iron Pipe. The
shorts were covering actively in
American Wooden. carrying the stock
well above 40 The rise in Founda-
tion Company was ascribed to pool
operations following up the recent
dividend increase to IS, and accom-
panying reports that earnings were
running at the rate of SIS. Atlantic
Gulf and West Indies issues, the com
mon especially,> were very strong.
American Sugar was consistently
strong. On reports that a satisfac-
tory agreement had been reached in
the Wilson & Co. reorganiza ton
there was a brisk run-up in the pre-
ferred shares and a moderate rise in
the common.
Copper stocks Heavy.
Copper stocks were heavy. Ana
conda below SO was at new low for
the year Kennecott was selling be-
low Al again. Another cut in copper
was announced by the American
Brass Co. and the official quotation
for the metal was definitely stated to
be on Is = cent basis.
Evening star., 1925-03-31
New Orleans Quotations.
BUYERS CONTROL WOOL.

BOSTON, March 81 (SpeciaD The
end of March found the raw wool mar
ket spotty, with the advantage in the
hands of buyers. Some South Ameri-
can woods have been sold at conces-
sions. Montevideo 3s now are quoted
at 81 to SO cents, grease basis, and
Buenos Aires 3s at so cents. Three
eighths blood, territory combing, is Of
fered at $1.15 to s1.16, and same grade
fleece wool is quoted at s1.14 to $1.15.
both to cents under recent levels.
Evening star., 1925-03-31
COTTON SELLS OFF
AFTER EARLY DEALS
Rains Reduce Drought Area in Belt
and Prices Sag as
Result.
BY the Associated Press.

NEW YORK, March 31.-The cotton
market opened steady today 1t an
advance of IL to 19 points on rela-
lively steady Liverpool cables, fail
ure of the weather map to show a S
much rain as hoped for in the South
west and belief that the buying noted
on the decline yesterday afternoon
had reflected a revival OF trade de-
mands.
July sold up to 24-9o and October
to 24.2S at the opening, but at these
prices there was renewed liquidation.
After the initial buying orders had
been supplied prices eased off 10 or
15 points from the best. While the
rainfall in the Southwest was less
general and copious than anticipated,
it was supposed to have reduced the
drought area somewhat, and selling
on the opening advance was promoted
by reiterated complaints of a poor
business in cotton goods.
New Orleans Quotations.
NEW ORLEANS. March 31-The
cotton market opened firmer, with
Liverpool about as due. first trades
showing gains of Z to 13 points. The
market advanced again after the
opening call to 24.S0 for July and
23.91 for October. or Is to IS points
above the previous close, but as the
map indications pointed to further
rains in the West and the forecast
was for unsettled weather and show
ers, the advancing tendency was soon
checked. and prices eased off slightly
from the early highs. As the market
was pretty well liquidated yesterday,
there was more resistance to weaken
ing tendencies. Now Orleans export
ed today 26.392 bales
Evening star., 1925-03-31
Essay Contest Planned.
GRAIN AND PROVISIONS.

BALTIMORE. Md, March 81 (Spe-
ciaD.-Potatoes. per loo pounds, l.00a
135: new potatoes, barrel 4.00a11.00:
sweet poatoes, barrel. 2.50a5.0O. Vans,
barrel, 2.50a5.00. Asparagus, dozen, ESQ
a7.0O. Beans, hamper. 3.O0a5. 90. Beets.
crate, t.5Oa2.5O. Cabbage, ton, 10.00a
1900. Carrots, busheI, 1.50a1.75. Cauli-
flower, crate, 2.00a3.00. Cucumbers,
hamper, 4.00a6.00. Celery, crate, 1.50a
3.25. Elephants, crate. 3.50a5.50. Kale.
bushel, 75aSO. Lettuce. basket. 1.O0a
200. Onions, 100 pounds. 275a3.25.
Horse radish. bushel. 3.0Oa3.5O. Oys-
terplants, 100, 4.00a60O. Parsnips,
hamper, 3Oa35. Peas, hamper, 2.00a
$50. Peppers. crate. 4.OOa7.OO. Rad
ishes, bushel, 1.00a2.0O. Spinach,
bushel. 40a60: squash, crate, 400a
500. Tomatoes. crate, 2.50a6.0O. Tur-
nips, basket, 50aS5.
Selling Prices at Noon.
wheat-No. . red Winter. spot. ex-
port, no quotations; No red Winter.
spot, domestic, 1.60 nominal; No. . red
Winter, garlicky, domestic, 1.60 nomi-
nal; No. red Winter, no quotations.
Sales-None.
Corn-Cob, new, yellow, spot, 6.50a
6.75 per barrel; track corn, yellow,
No. 2, 1.25.
Sales-None.
Oats-No. l. 54: No ., 50.
Rye-Nearby, 1.10a1.20; No. 2 rye,
spot, 1909.
Hay-Receipts. 80 tons. There is no
life whatever to the demand for hay,
and current receipts are more than
ample for trade requirements. The
bulk of orders for hay are being sup
piled by truck from nearby points.
Low grades and unsound hay arc
hard to move at any price.
Quotations today: No. timothy.
19.Ooa19.50; No. timothy, 16.00a17.5O;
No. / light clover mixed, 1S.00a1S.5o;
No. l clover mixed, 1750a1S.00; No. >
clover mixed, 16.00a17.o0.
Straw-No. l wheat 15.50al6.00 per
ton; No. l oat, 15.50a16.00; No. 4
straight rye, 1S.00a19.0O.
Evening star., 1925-03-31
MARKET CLOSES STRONG.
Best Prices for Day Recorded il
Late Afternoon.
Rr tho Associated Press,

By the Assoca ted Press.
NEW YORK, March 31.-Intermit-
tent selling of stock had little effect
on today's stock market, prices
bounding upward on the apparent
cessation of forced liquidation. The
rally was led by the popular indus
trials, which were well supported
above their previous resistance lev
els. Although short covering was in
evidence throughout the day, the
trading was in rather moderate vol
ume. the days sales aggregating
] 100000 shares.
The closing was strong. In gen.
eral. the best prices of the day were
recorded in the final hour, American
Can, Nickel Plate" Chalmers,
Texas Gulf sulphur and Mack Truck
selling 2a to 3 u points above yes
terday's closing figures.
Evening star., 1925-03-31
MOVESARE MIXED
IN BOND MARKET
Heavy Selling Pressure Ap-
pears Removed-NeW Loan
Is 0verSubScribed.
BY GEORE II. HUGHES.

Special Dispatch to the Star.
NEW YORK, March 21.-Bond prices
were inclined to sag in today's trad
ing. Volume was restricted by the
recent weakness in stocks, buyers
hesitating to enter the market until
stabilized. There was no quotable
change in time money. United States
Government bonds were mostly lower,
and the high grade savings bank rails
felt the same influence.
Foreign Bonds Weak.
Foreign bonds, which were so weak
Monday, were still heavy today. Some
of the French bonds made new low rec
ords, notably the Seine 7i5S, while the
others duplicated the low points of Mon
day. Paris. Lyons and Mediterranean 6s
were especially weak. Belgian bonds
held better, but there We're fractional
declines in the Austrian Is and City of
Copenhagen 5 rs. German IS were one
of the steadiest issues on the list. The
outside market for new foreign offer
ings was reported still unsatisfactory.
Rail Liens Hold Well.
Speculative rails moved irregular
ly, but there was no weakness at all
comparable with that in stocks. There
were points of actual strength, among
NiOhi btiiS lht u All 1IlHt is
sues. Both Seaboard Air line adjust
ments and IS were higher.
A buying movement appeared in
Virginia Carolina Chemical Is, run
ming the quotation up a point or
more. Empire Gas and Fuel 1Ias
were in supply and dropped back a
point. The market for the bonds of
sugar producing companies was also
easier. Selling kept up in Chicago
Railways 5s, but losses were not as
large as on Monday.
II. & o. Issue Due Soon.
An offering of Baltimore and Ohio
bonds is expected within a day or
two to provide for the refunding of
100000 Baltimore and Ohio South
western AVS due July l next. The
report today was that an extended
per cent bond maturing in 1850
would be offered. Today's new issues
included $6,2O0.O00 Book Building and
Addition OetroiD first 6s. to yield
from 5.75 to 6.10 per cent: s15, 200, 900
City of Sac Paulo (BraziD 25-year
IS. TO yield $40 per cent, and $1,000
900 Houston Oil Co. of Texas 10-year
6l2 per cent notes at par. The Brazil
issue was oVersubscribed
Evening star., 1925-03-31
STOCKS EX-DIVIDEND.
NEW YORK DAIRY PRICES.

NEW YORK, March 31.-Butter-
Unsettled; receipts, 11,075 packages.
Eggs-Easier; receipts, 74,274 cases;
fresh gathered, extra firsts, 32a32 u
do, storage packed, 33a3312; do,
firsts. S1a31lE do. storage packed,
32a32k; fresh gathered seconds, 3O24
Cheese - Firm; receipts. 206,733
hounds.
Evening star., 1925-03-31
Flour Prices Sink
To LOUest Levels
Of Present Year
BY the Associated Press,

BY the Associated Press.
MINNEAPOLIS Mimi, March
31.-F'lour prices here sank to the
lowest levels this year, rejecting
the severe decline in wheat quota
tions yesterday. Flour of the best
patent quality was quoted today
at figures 40 to 80 cents a barrel
lower than yesterday, the range
being $50 and 1915 barrel in
carload lots.
Evening star., 1925-03-31
Will Order 375,ooo,0oo Envelopes

Postmaster General New today took
steps to furnish the Governmer. de-
partments with 375,000.000 envelopes
to be used by the departm ants during
the next fiscal year for Official pur-
poses only. This figure d res not in
ciude any of the stamped envelopes
for use of the public. Bids for the
envelopes VIII be opened A,r:l IS AT
+ III.
Evening star., 1925-03-31
Markets at a Glance

NEW YORK-Stocks strong; high
priced industrials buoyant. Bonds ir-
regular; French issues at new lows.
Foreign exchanges easy; French
francs react. Cotton higher: trade
buying. Sugar easy; lower spot mar
ket. Coffee lower; European selling.
CHICAGO-Wheat higher; unfavor-
able weather. Corn easy; large
stocks. Cattle irregular. Hogs steady
TO lower.
Evening star., 1925-03-31
COAL, W00LEN AND YARN
BUSINESS ARE POOREST
special Dispatch to The Star.

Special Dispatch to The Star.
PHILADELPHIA, March 31.-Clas-
sifying trade into 80 divisions, the
Federal Reserve Bank reports condi-
tions fair in &c, good in 10 and poor
in 8. The poor are bituminous coal,
woolen and worsted goods and yarns.
Evening star., 1925-03-31
TODAY'S BUTTER PRICES.

CHICAGO, March 31.-Butter-Un-
settled: creamery extras, 451s; stand
ards, 44%; extra firsts, Haas; firsts,
41a43 "; seconds, 33a3S.
Eggs-Lower; receipts, 30,595 cases;
firsts, 2Sh; ordinary firsts. 271s; stor-
age pack extras, 30Aa3ok; firsts, so.
Evening star., 1925-03-31

1t pays to read the want columns of
The Star. Hundreds Of situations are
obtained through them.
Evening star., 1925-03-31

tPartly extra. Playable in preferred stock
Dividend rates as given in the above table
the annual cash payments based on the
latest quarterly ha1f-yearly declaration
Unless otherwise noted. extra specta1
dividends are not included.
Evening star., 1925-03-31
touota tions furnished by Redmond & Co. }

Fisher Body Corp. 6s 1927 cslled on Feb.
l. 1925, at 101h
Fisher Body Corp. IS 1928. called on Feb.
l, 1925. at 102.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-07-01
Says Negro Has
No Hope of Rise
in Business World

The Negro Champion, official organ
of the American Negro Labor Con-
gress, is in receipt OF letter from a
Mr.. Ransom, he states in part: THE
American Negro came upon the scene
about rs years too late to become a
factor in the business world" He
states further that, "The gold rush in
az marked the last chance to get in
OH the ground floor of our basic in
idustries." That may be so, but the
American Negro Labor Congress
hopes to work out some solution by
getting together the best thought OF
all organizations interested in Negro
life.
Mr.. Ransom states further that,
"The foundation of the great fortunes
made in the mills, mines, railroads
and factories had been laid before the
Negro was liberated from chattel
slavery. ALI other industries are but
outshoots Of fortunes accumulated
from these basic industries
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-07-01
Has FAMILY
LIKING FOR
YELLOW DOG
Harrington "SeeS No
Harm" in Blacklist!
BY GILBERT ROGER,
Worker correspondent)

DoWELL, H., June 29-Farrlnston
sees no harm in the mine operators
Blacklist duplication eard) scheme,
known here as the "Yellow Dog"
TAe president Of Local s7os U. NJ.
w. Of A. sent in one Of the appIiea-
ton blanks to President Frank Far
rington and asked him what he thot
Of IT,
Farrington's reply was that he did
not see any harm that could be done
by signing the application.
Yet anyone (besides Farrington)
who studies the application can see
that its purpose is to use discrimina-
ton against some of our brothers Of
the u M. W. A.
If you happen to be one that has a
strong back, weak brain and not too
old, also not too many children if mar
ried, then you have a chance Of re-
ceiving employment It should be I'M
derstood that if you have many chill
dren. you would be entitled to more
compensation if you were injured
while in employment.
If you cannot qualify on the above.
then you have little chance. Yet
Harrington says: Il do not seen any
HARM" etc.
Here are some of the questions the
yellow Dog" asks: How old? Are
you married? How many children
under Is years? Citizen? Where did
you work last? What were you doing?
Why did you quit? Where will you
reside if you receive employment?
Name and address,"
Then, after you fill them out. the
boss says, Wen let you know when
to come back"
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-07-01
AUSTRALAS|AN
LABOR BOYCOTTS
MORCAN'S FLEET
Protest imprisonment Of
u. S. Unionists
BY W. FRANCIS AHERN.


MELBOURNE, Australia. (By Mail. }
Speaking on behlaf of million or.
ganized workers in Australia, the Mel
bourne Trades Hall Council has issued
manifesto calling upon the Aus.
tralian workers to refrain from any
social function in connection with the
visit of the American feet as a pro-
test against the action of the United
States government in holding radicals
in jails.
The manifesto points out that "a
large number of the members of the
American working class are still lying
in the United States jails serving
long and brutal terms of imprison-
ment for alleged offenses under the
American espionage act and criminal
syndicalist laws. Their only crime
is that they dared to oppose war and
conscription and dared to advocate
industrial unionism and socialism.
After pointing out that protests
have already been made to the Amer
lean consul and the Australian parlia-
ment for presentation to President
Coolidge, the manifesto says:
Attack on All Workers.
"The Australian labor movement
considers the action OF the American
authorities in attacking members Of
the American working class organiza-
tons to be an attack upon the cardinal
principles OF the labor movement,
namely Freedom OF speech, freedom
Of the press, and the right OF combina-
ton, all of which are embodied in the
American constitution. We, there
fore, join with the workers of all lands
In calling upon the people OF America
to demand from their government the
release Of all such prisoners.
"In making this appeal to the work
ers Of Australia. we cordially invite
the cooperation OF the working class
members of the American feet. Our
fight against oppression affects the
welfare OF the rank and file OF the
army and navy, either at home or
abroad, just as the rest OF the MEM
bers Of the community. We join with
them in urging the American people,
II they believe In the rights and liber-
ties OF the American constitution, to
open the jails and set our comrades
tree" ,,-<-x.~
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-07-01
WHAT IT MEANS
TO HAVE 7. u. {.
|. LEADERSHIP
A Little Battle Saves
Old Worker His Job

PHILADELPHIA, Pa, June 29-
The Importance and the effectiveness
of shop committees under the leader
ship Of T. U. f. L, milltants was well
demonstrated in the Royal Upholster-
ing shop when the boss, Mr.. |. West,
requested the chairman Of the shop.
Dave Milgrom, to refuse to give work
to an elderly worker, ]. Park. on ac-
count Of his age. West insisted that
Park was 60 years old and should be
sent to an Old Age Home.
Milgrom, who is the chairman of
the shop as well as the chairman of
the T. U. E. L. in the Upholsterers
local Union, Immediately called a
meeting Of the workers in the shop,
of whom there are about %, and ex-
planned the case to them, together
with a recommendation that the boss
be instructed to start no discrimi-
nation against any workers anc
especially against fellow worker PARK,
who has given the best of his life and
energy enriching the Royal and other
upholstering companies
This recommendation was unani-
mously adopted and Mr.. West mott
fled accordingly.
Next day Mr.. West approached Mil
grom in an altogether different anc
pacific spirit to discuss the question:
Of Park, and agreed that Park shouAi
remain in the shop but that certain
work requiring exceptional skill and
speed be not given to Park provided
he has other work to do
Although the Royal is union shop,
the workers there realize that
militant shop committee is essential
in making the boss live up to the
Union agreement.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-07-01
Crafts Back Hodcarriers.

BOSTON-That there may yet be
difficulties in settling the Boston
building trades strike of various
crafts is indicated by the Information.
al Hold Carriers. Building and Com.
mon Laborers' Union which is asking
an increase from IS and 20 cents per
hour to TIN and so cents per hour
The adjustment board of the United
Building Trades Council and the car
penters and bricklayers have agreed
to support the bod carriers in THEN
demands for arbitration to go into e.,
feet at once instead of accepting the
proposal Of the master builders tina,
the matter be deferred until April ;
1925.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-07-01
KNIT GOODS
WORKERS IN
SHARP FIGHT
ShOw Spunk in Trying
to Organize PhiIIy
BY LENA ROSENBERG.

PHILADELPHIA, Pa, June 2o-
After the Federated Textile Worker
Union decided to admit the Knit
Goods Workers Union into their
ranks the members Of the Knit Goods
Workers are now moro determined
than ever to carry on their oraanlza.
ton campaign to organize all the
workers In their industry.
A leahet was printed and distrib-
uted calling%a mass meeting of all
knit goods workers for Thursday
night. When the bosses noticed the
leaflet they ordered their workers to
work overtime on that night and since
the workers are not organized they
were afraid to stop early; but they
did come after nine; and those who
were not members yet, joined, and
showed that they are determined to
have union in Philadelphia.
The executive committee had a
meeting ana decided not only to call
mass meetings. but also shop meet
ings and thus hasten the building of
the union.
With the enthusiasm and determin-
alton that the workers showed there
is no reason why the Knit Goods
Workers Union should not become
one of the strongest unions in Phila-
delphia, especially when the Fed
Grated Textile Workers have pledged
to help them both financially and
otherwise
The Young Workers League Of
Philadelphia has taken hand in the
upbuilding of this union by distribut-
ing leaflets announcing the various
meetings that were held and those en-
couraging the other workers of the in
dustry.