davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1928-12-04
ST0CKS sH 0 "
UPWARD
REND
By w. 8. COUSINS
International News Service

NEW YORK, Dec. 1.-The oil
stocks ana the ''blue chip ia.
dustrials led the whole market IN
i sharp rally at the beginning of
trading today Nobody worried over
the $511, 100000 increase in brokers,
loans in November ais reported by
the New York Stock Exchange after
the close Of yesterdays market. 1t
was expected that the big Noyem-
Der upsWing In. stocks would need
fabrication lii the form of more and
more bank credit, and the showing
OF a $6,30O, 600, 900 speculative deb"
took nobody's breath away.
Pools in the high-priced Special
ties had no difficulty in running UP
the prices OF Radio, Montgomery
Ward. Woolworth, etc, to 10
points. These stocks are under the
most perfect control and in many
cases their market moves are die
tated by the pools and professionals.
Radio climbed to 3S5IIk and ChrysIer
Motor. was IN demand above $50,
up points.
The most coIorful OF all pros.
perity bulletins was looked for in
Calvin Coolidge's annual address TO
Congress. released during the day.
Everything looked rosy to Wall
Street, from d business standpoint,
and stock traders who, threw their
stocks on the market yesterday were
buying them back today, in most
cases at higher prices.
Strength without Ililarity best
describes the market in the first
hour. Stock sales In the first 80
minutes were less than In yester-
DAYS Il, 484. OOO-sI1are day, which APP
reared to show that Wall Street has.
for the time being, gotten over its
speculative spree, and was settling
back to d sane basis once more.
Standard OIL of New York, New
Jersey and Atlantic Refining made
another fast getaway in heavy
trading, even though some net
price-cilts in wholesale and retail
gasoline were announced. The oil
companies are making money today
and will have their best year in
1929. Selling around $50 a share,
Standard OF New Jerseys outstand-
ing stock is worth 81 600. 900, 600,
against 500, 900. 900 for the whole
Standard OH family before the
family spIitsup under the antitrust
laws. Billions Of dollars have been
piled up in real assets Of the other
thirty or more companies in The
last twenty years.
A single block Of 1900 shares
of Alaska Juneau Mining went
through" at $40 a share and 5000
shares at 1915. Though the whole
market value is comparatively
small, this Ii one of the biggest
blocks of stocks ever recorded in a
single transaction on the big board.
Consolidated textile. In the low
priced group, was whipped along
smartly to the years high level
Of 81.
Railroad stocks were strong,
under the lead of Baltimore 4 Ohio;
motors active and steady. Call
money renewed at 8 per rent.
The Washington times., 1928-12-04
Freshman Freed Issue
Us Over Subscribed

C A. Earl president Of the
Charles Freshman Company. Inc.
made the following statement today
regarding the stock subscription on
the recent Freshman Freed Else
mann merger:
i regret exceedingly that there
IN not single share of the Syndi-
cate allotment available IN the
F'reshman-F Freed Eisemann merger,
Az the stockholders have exercised
their rights iii subscribing 1t
and have taken up the entire issue.
This action shows an undoubted
in general and the recent Freshman
Freed Eisemann merger in particu-
-.
The Washington times., 1928-12-04
CHICAGO LIVESTOCK

Hogs-Receipts 60. 900: market 15c
csc lower. Top. $S.85: bulk. $3.50
STA; heavyweights, $8.65@8.S5: me.
dunn weight, $S.6O@S.S5; light weight
$S,40@S.sO; light lights. 1850 rs;
packing sows, $7.7508.35; pigs, sra
8.25: holdovers. 5000.
Cattle-Receipts $1,000. Market
15c-25c lower. Calves, receipts, $500.
Market steady Beef steers, good and
choice, $151I7. 40; common and me
dunn. $9@14.5O; yeaplings, $9@17.50,
butcher cattle, heifers, $S@13. so;
cows, $6.50@10.50; bulls, $7@11;
calves, $14@16; feeder steers. SEQ
r.; stocker steers, $3.50 OILS;
stocker cows and heifers, 5000. SO;
Sheep-Receipts, $4,000. Market
steady. Medium and choice lambs,
$3.50; culls and common, $1OO12;
yearlings, $9.50@12: common and
choice ewes, $4@6.75; feeder lambs,
$11.50@13.5O.
TOday's Classified ads will tell you
OF many good used cars that you can
buy . read about them, then invest.
The Washington times., 1928-12-04

st Joseph Lead 543s 52h 544 51%
The Washington times., 1928-12-04

TOday's Classified ads will tell you
OF many good used cars that Won can
buy j. read about them. then invest.
The Washington times., 1928-12-04

Isl Ck Coal. 63H 53A 53A 53
49,
Johns Manville 1874 1881 1881 1873
k
Kan City Sou. 80 o1M 91A SO
kaufman Co... 2ex 29A '299s 2ssf
Kayser J..... s6A s5I 1874 s511
The Washington times., 1928-12-04
RALTlMoRE GRAM MARKET

BALTIMORE, Dec. 4.--Wheat---
F'irmer; No. 2 red winter garlicky
domestic. $1.33z: receipts, 34.96S
bushels; shipments, 29,0S6 bushels.
Corn--Good demand; TO. yellow
domestic new. $1.03 bushel: receipts.
23,S52 bushels; shipments, b29
bushels.
Oats 4Steady; No. 2 white domes.
tic. 57@571sc bushel: No. 3 white
ssh @56c bushel: receipts. I:Ooo
bushels: shipments, 1874 bushels.
Rye-Nominal; receipts, none;
shipments. none,
Hay-Firm on better grades.
Flour-Quiet, steady.
The Washington times., 1928-12-04
|RESERVE: BANK
LOANS SHOW
INCREASE
4 HHH 4"
MH AM
4
HHH HILL
BY HARRY GUsACK
Financial Editor

Increases for the week Of 1921
DOC 900 in loans and discounts, OF
$50, O00, 900 in investments, of $177,-
D0O, 900 in borrowings from Federal
Reserve Banks, and of $22 ,000,0 00
in net demand deposits is shown by
the boards statement of condition
4of Gao reporting member banks
made public today.
Loans on stocks and bonds, in
eluding United States Government
obligations, were $152,000,O00 above
sthe November 81 total at all re-
porting banks, an increase of 10S,-
900, 600 being reported by member
banks in the New York district, of
ST., 000. 900 each by member banks
In the Cleveland and San Francisco
districts, and of $1O,000.00O in the
Philadelphia district. "All other
loans and discounts declined $13,-
900 900 in the Chicago district and
$26, 200, 900 at all reporting banks.
Holdings of United States Gov
eminent securities increased $4,000
900 during the week, while holdings
COT other bonds, stocks and secur1.
afien increased $15,OO0,00 at all re-
porting banks and SIS 900, 600 in
the New York district, and de-
clined $11, 100000 in the Chicago
district.
Net demand deposits, which at all
reporting banks were $4,000, 600.
above the November II total, i'm
creased SEQ 900, 900 at reporting
banks in the New York district,
SO, GOO, 900 in the San Francisco
district and $4,000 in the st. Louis
district, and declined $31, 900, 600
each in the Boston and Chicago
districts, 5000, 900 in the Cleveland
district and $4,000, 900 in the Phila-
sstlelphia. district. Time deposits de-
sclined $4,000, 900 and Government
deposits $18,00O,0O0
The principal changes in borrow
ings from Federal reserve banks for
1.-The week were increases of $14S,-I
900, 900 at the Federal Reserve Bank
OF New York, 100000 at Cleve-a
land, 81, 900, 900 at Boston ard &c.
0O0, 900 each at Chicago and San
Francisco.
The Washington times., 1928-12-04
CLEARING HOUSE REPORT

NEW YORK. Dec. A. Q.N.S).--
Clearing House statement.
Exchanges. $2,286, 000, 900, balances,
$191 900 900,
Federal Reserve Banks credit
balance, $751; 900 900.
The Washington times., 1928-12-04

Won. too. can own n ear ~ your own,
Select II from the attractive used car
buys listed for sale In todhS's Ciass'-
fled ads.
Evening star., 1928-12-29
HANSON HEADS SOCIETY.

The Washington Society OF the
Massachusetts Institute of Technology
elected A, e. Hanson president at its
annual meeting In the University Club
yesterday.
Other officers elected are: J. r. Free
man, vice president; X. p. Armstrong,
secretary and G.. H. Godbold, treasurer.
Plans for the annual banquet, to be
held early in February at Wardman
Park Hotel, were discussed by the mem
bers. A number of undergraduates of
the institute were present.
Evening star., 1928-12-29
CANON STOKES TO PREACH
AT CATHEDRAL. SERVICE
Christmas Carol Program to Be
Held in Bethlehem Chapel
at 4 PM.

Canon Anson Phelps Stokes will be the
preacher at the IL am. service In
Bethlehem Chapel Of Washington Ca
thedral tomorrow.
The annual Christmas carol service
will take place tomorrow in Bethlehem
Chapel at 4 pm. as part Of the
peoples evensong held every Sunday.
The fun list of services In Bethle-
hem Chapel tomorrow Is as follows
7:30 am, holy communion; 10 am,
morning prayer and ntany; II am,
holy communion and sermon; pm,
peoples evensong and carol service.
New Year day there will be holy
communion at 1880 am. and choral
evensong at 4:3O pm. in Bethlehem
Chapel. Holy communion Is celebrated
daily in Bethlehem Chapel at 1880
am. Every Thursday at $50 am
holy communion is celebrated in the
Chapel OF the Resurrection for those
who cannot attend the earlier cele-
bration.
Evening star., 1928-12-29

Miss Josephine SnoWden, Dr. 4Sapeue
Stone and Mrs. Monroe Warren.
Pastor of Gunton- Temple and
Mrs Braskamp at Home.
Following their annual custom, the
Rev. and Mrs. Bernard Braskamp OF
the Gunton- Temple Memorial Presby-
terian Church will be at home in their
apartments at S'outhbrook Courts, Six
teenth and Newton streets, to the men,
bers of the church and congregation,
on New Year day from to $50 O'Clock.
Mrs. John M. Boiling, Huntsville, Ala,
is at the Hotel Grafton for an indefinite
stay.
Mr.. and Mrs. John F. Hyman of New
York, who are touring by automobile,
are spending few days at the Grace
Dodge Hotel. With them is Mrs. o. G.
Freese, also Of New York.
Mr.. and Mrs Russell Dean sailed on
the steamship Chatham from Baltimore
Christmas day for Miami, Fla.
Mrs. William M. Jardine heads the
list of sponsors of the campaign being
organized by the Washington branch
of the American Association of Uni
FCTSIty WUIIlcu Ill COIlIACSt4OIA Will 1AAC
| 100000 fellowship fund which Is now
being raised by Nationwide appeal
to endow research fellowships for
| women.
Others who are sponsoring the cam
paign of the local committee, of which
Mrs. Samuel Herrick is chairman, are
Mrs. James e. Fechet, Mrs. Frank B
Freyer, Miss Mabel Boardman, Mrs
Luke Wilson and Mrs. Avery Coonley.
Mr.. G. H. Birdseye of the United
States Geological Survey, Mr.. M. r
Campbell of the Department of the In
| terror, Mr.. S. w. Boggs Of Chevy Chase
and MIR. r. Y. Ferner are attending the
| twenty-fifth annual convention of the
Association of American Geographers
at Hotel Breton Hall, New York City
this week.
Mr.. and Mrs. Harvey b. Gram will
| give q reception to the members anc
| frienGs of the Adult Bible Glass of the
Fourth Presbyterian Church at theil
residence, 1850 Lamont street, New
Yean day from to pm. They will
be assisted by Mrs. Frank M. Middleton
and Mrs. Charles Drexilius.
Evening star., 1928-12-29
ENEMY WAR ACES MEET.

PARIS, December 30 G).-Enemies
once, Ernst Udet, one of Germany's
leading aerial fighters, and Rene Fonck
Frances ace, yesterday exchanged
compliments and cordial handshakes.
The occasion was an official recep-
ton to Udet by the Aero Club of France
II am proud to welcome SO chiyalrous
a fighter" said Fonck.
Your courteous and fraternal greet
ing deeply touches me-" responded the
German.
Evening star., 1928-12-29

r. T., daughter of the late Rear Admiral
Rerney. is visiting her sister, Miss
Angelica Remey, at the Hotel Grafton.
Mrs Wadleigh is accompanied by her
two sons.
DIR. Walter A. Bloedorn. U. s. NJ, re-
tired. left the city today for weeks
vacation.
Mrs. Gertrude Prather and her
daughter, Miss Elizabeth Prather OF
Boston and Kansas City, have come 10
washington for the remainder OF the
Winter and are at the MaynoWer.
Mr.. and Mrs. George Holmes Cusn-
ing entertained at tea dance yeStef-
day at the Carlton Hotel Tor tneT
daughter, Miss June Cushing.
Mr.. James s. Robb, who Is spending
the holidays with his parents, Mr. anu
MRS. Charles S. Robb, at their nome IN
Edgemoor. has as his guest for the
week end, Mr.. David Charlton OF Van
couver, British Columbia.
Cadet Humphrey Daniel OF the Vir-
ginia Military Institute, is spending MS
Christmas vacation with his parents,
Mr.. and Mrs. Ernest Fl. Daniel, 2111
Nineteenth street northwest.
DR.. and Mrs Macpherson Crichton
returned from Akron, OHIO, yesterday
where they went to spend the hoidays
with Mrs. Crichton's daughter, MIS-.
Donlad Gottwald.
DR.. and Mrs. Crichton will entertain
MIR. and Mrs. Samuel l.. McFetrldge OF
Ventnor, N. j.. over the New Year at
their home at IT'S Fl street.
Miss Louise Wilson, 1855 Columbia
road, entertained at luncheon and bridge
at the Parrot yesterday afternoon. Wnen
guests were Miss Anne Goddard Nc
MILAN, Miss Saint Clair Smith, Miss
Carol Spilker, Miss Harriet Mitchell,
Miss Margaret Berry, Miss Virginia
Kirtz, Miss Natalie Norwood, Miss Mary
Martha Wren, Miss Florence Beale,
Miss Eleanor Calvert, Miss Margaret
Calvert, Miss Mary Eleanor Orme, Miss
Jean Huntley, Miss Robin Holland and
Miss Florence Bradley.
Mr.. Edgar Hamilton Funk Is spend
ing the week end in Maryland as the
guest Of Mr.. William Grayson Gray.
Mrs. Philip G. Walker has as her
house guest Miss Pauline Angela de
Brodes. Miss de Brodes is student
at Columbia University and will be at
home during the Christmas holidays as
the guest of her sister, Mrs. Walker.
T, Mrs. p. NJ Cox, another sister, is en-
tertaining for her with large bridge
dance party at her home in Langley,
| Va Mrs. Charles B. Cecil, wife of the
indian inspector. will entertain Miss de
Brodes at her Sixteenth street resi-
dence with a. buffet supper. Miss de
Brodes is the daughter Of the late Maj.
and Nine. Bertram Galtezine de Brodes.
"Sweet Briar College day. was cele-
brated yesterday in Washington with a
| luncheon at the Carlton. Attending
were Miss Margaret Banister, Mrs Will
| liam G. Brantley, Mrs. Richard Dunn,
Mrs. Peyton Evans. Miss Nancy Hanna,
Miss Frances Henderson, Miss Emily
Mackall. Miss Dorothy Markham, Mrs.
John Matthews, jr.; Miss Anita Peters.
Miss Elizabeth Saunders, Mrs. Henry
L GNN-
Evening star., 1928-12-29
PRISONER CONTRADICTS
HIMSELF IN LETTER
Dry Law Violator Pleads Inno-
cence and Then Admits
His Guilt.

Direct contradictions in a letter re-
ceived from a prisoner in the District
Jail who wants the remainder of his
sentence suspended, have Assistant
United States Attorney David A. Hart
somewhat puzzled.
Arthur Gilbert, the prisoner, serving
a six-month term for a liquor law vio-
lation, in writing Hart, based his plea
on the fact that you know am inno-
cent" but concluded his letter with the
words although guilty plead for
mercy"
Hart, who prosecuted the case against
Gilbert, will advise him to present his
petition to the Department of Justice.
Evening star., 1928-12-29
Luncheon Today for Junior
Members of Social Set.


Mrs. William Payne Meredith enter
tanned at luncheon today in compile
ment to Miss Jean Peoples and Miss
Ann Carter Greene, and for her sub
debutante daughter, Miss Sylvia G.
Meredith.
Her guests were Miss Mignon Sher-
ley, Miss Rahel Davies, Miss Faith
Phillips, Miss Mary Devereux, Miss
Clara Boiling Miss Lalla Harrison
Lynn, Miss Elizabeth Powell Dunlop,
Miss Margaret Pilson, Miss Helen Min
negerode, Miss Beatrice Littlefield, Miss
Carroll Henderson, Miss Frances Wall,
Miss Caroline Thompson, Miss Rion
ForteScue, Miss Frances Virginia Wag-
gaman, Miss Jane Love, Miss Mary
Elizabeth Acker. Miss Celeste w. Page,
Phillips, Miss Elizabeth Brawner, Miss
Lucy Mackall, Miss Mary Bradley, Miss
Isabelle Lamberton, Miss Adair Chill
dress, Miss Phyllis Hight. Miss Laura
Tuckerman, Miss Harriet Anderson,
Miss Marion Griffith. Miss Betty
Thompson, Miss Lorando Prochnlch.
Miss Elizabeth Kennedy, Miss Eliza
Mitchell, Miss Luvie Moore, Miss Elise
Hoban Alexander, Miss Margaret Le-
land and Miss Peter Leland of Boston,
who arg house guests of Miss Ann
Carter Greene, and Miss Marion Con-
tee Moale of Baltimore, cousin OF Miss
Meredith.
Mai. Gen. and Mrs. Edward A. Kre-
ger will be the guests IN whose honor
Lieut.. Col. and Mrs. Hugh Carnes
Smith will give a tea tomorrow after
noon.
The United States Ambassador to
{ex1f
will entertain at a house warming New
Year day at their new residence in
Lydecker street, Englewood, N. ].
Mai. and Mrs. Ennals Waggaman
| will not be at home tomorrow after
! noon, but will receive New Year after
noon from 4:30 to o'clock,
Mr.. Austin Kautz, jr., of New York
is visiting his mother, Mrs. Austin
Kautz, at her apartment on Ashmead
place, to remain until January 2.
Count and Countess Folke Bernadotte
who spent Christmas with the latter's
parents, Mr. and Mrs. H. Edward
Manville, are sailing today on the
Drottningholm for Stockholm.
Mai and Mrs. William Wolff Smith
| entertained at dinner at the Willard
Coffee Shop last evening during the
| Strange interlude intermiSsion, when
their guests were Maj. and Mrs. Harry
| Seydel.
| Mrs. Norman Bemis Chandler Of
Boston is visiting her parents, Brig.
| Gen. and Mrs. John McAuley Palmer.
Mrs. John w. Wadleigh, Newport,
Evening star., 1928-12-29
EIITIIRE.

waneta Council, No. 6. viii give a
500 card party this evening at l22S
Rock Greek Ford road.
Evening star., 1928-12-29
PARIS HAS HUGE MARKET.
Opens Largest Covered Trading
Place Known in World.

PARIS R.-A permanent covered
market, the biggest of its kind in the
world, has been opened In the new
Champs de Mars quarter ON the left
bank of the Seine.
Tt is really mercantile village. There
are streets and avenues of stores built
OF reinforced concrete, lighted by cleo
tricity and centrally heated
Evening star., 1928-12-29

Mrs. Norman Bemis Chandler OF
Boston is visiting her parents. Brig.
Gen. and Mrs. John McAuley Palmer.
Evening star., 1928-12-29

Mrs. John w. Wadleigh, Newport,
Evening star., 1928-12-29

Mai. and Mrs. William Wolff Smith
entertained at dinner at the Willard
Coffee Shop last evening during the
Strange interlude intermission.. when
their guests were Maj. and Mrs. Harry
Seydel.
Evening star., 1928-12-29

Count and Countess Folke BernSdotte,
who spent Christmas with the latter's
parents, Mr.. and Mrs. H. Edward
Manville, are sailing today on the
Drottningholm for Stockholm.
Evening star., 1928-12-29

The League for the Larger Life will
hold its annual meeting and election
o'clock, In ballroom of Stoneleigh Court.
Dancing and refreshments. Mrs. Ella
w. Laing win speak. Subject: Loyalty" !"
Evening star., 1928-12-29
CITY NEWS IN BRIEF.
TODAY,

Anacostia Citizens Association will
meet. 8 o'clock, at Masonic Temple,
Fourteenth and u streets southeast.
Evening star., 1928-12-29

There will be no meeting Of Burnside
Post, G. A. r., January /, but meeting
will be held January Is, at which
officers will be installed.
Evening star., 1928-12-29

FUTURE.
The board of directors. Ministerial
Council, Woman's Guild and Supt. and
Mrs. John S. Bennett of the Central
Union Mission, will be at home, January
l, from 2 to 5 pm, at 624 Louisiana
avenue.
Evening star., 1928-12-29

The vice governor of the Federal Re-
serve Board and Mrs. Edmund Platt
will entertain at tea dance this after
noon from 4 to o'clock at the Con-
gressional Club, 20o1 New Hampshire
avenue, when they will present their
Evening star., 1928-12-29

~HE Secretary of the Navy ano
Mrs. Wilbur will hold their usual
New Year day reception at the
Memorial Continental Han OF
the Daughters of the American
Revolution. from q to 6 o'clock, January
having completed plans for the
recention before the decision reacheo
bv several other cabinet officers not 10
hold their annual New Year Gay at
Mrs. Wilbur will be assisted by MRS,
Edward H. Campbell, Mrs. Richard II.
Leigh. Mrs. John D. Beuret, Mrs, Lutner
z, Gregory, Mrs. Charles Morris. MRS
Harry +. Yarnen, Mrs. William D. Leahy'
Mrs. Charles B. McVay, jr., ana MrS'
Gordon B. Sherwood.
The Secretary of Labor and MRS.
James ]. Davis will entertain at tea
dance. this afternoon from 10
O'Clock in their home on MASSACHUSETTS
avenue in compliment to Miss Marian
,Tardine. daughter of the Secretary Oh
Agriculture and Mrs. William M. Jardlne'
and Miss Rahel Davies, daughter OF MI
and Mrs. Joseph e. Davies, who are
snonQ the debutantes of this season.
MRS. Davis will be assisted by MRS:
.Jardine and Mrs. Davies. mothers Oh
the honor guests; Mrs. Henry Wiloer
Keyes, Mrs. Sidney F. Taliaterro, MRS
Leander Mccormick -Goodhart, Mrs. NC
Ciure Kelley and Miss Esther Ford
Jones, niece of Mrs. Davis, who Is
spending the holidays with them.
Secretary and Mrs. Davis nave as
their house guests over the week end
and New Year day, Miss Betty Smith
of harrington, r. /, and Mr.. Edmund
Good, jr., of Harrisburg, Pa, who ar
rived this morning.
Evening star., 1928-12-29

Miss Josephine SnoWden, DR.. Isabelle
Stone and Mrs. Monroe Warren.
Evening star., 1928-12-29

Mr.. Austin Kautz, jr., of New York
is visiting his mother, Mrs. Austin
Kautz, at her apartment on Ashmead
place, to remain until January 2.
Evening star., 1928-12-29

Mr.. and Mrs. John Gates Of New
York will arrive in Washington Mon
day to spend a week with the latter's
parents, Mr. and Mrs. Richard Parker
Crenshaw Mr.. Richard Parker Cren-
shaw, jr, who spent part of the holi-
days with his parents, has returned to
New York,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-05-19
MOBILE TO Fly
BACK TO POLE
Plans Return Flight to Start
Sunday.

BIZ CUtte0 PfCSS
KINGS BAY, Spitzbergen, May 10.
Gen. Umberto Mobile today made
plans for his next cruise into the
polar regions. which will include a
visit to the north pole, and he may
start on this attempt Sunday.
The italian explorer brought his
dirigible, Italia, back port safely Fri
day after sixty-eight hours in flying
over the snowbound wastes of the
northern area. He had fought fog,
snow and high winds in cruising
over the little explored territory,
but encountered little difficulty
The trip was a complete success.
Mobile said, although no land was
sighted.
No sooner had the Italia been
brought to g stop at its base here
than Mobile started rapid prepara-
tions for another visit north, this
time to the pole proper. He said the
next expedition would take him to
Greenland and thence to the north
pole.
All members of the crew were re-
ported in excellent health. Mobile
had planned to land six members
on Leninland, so they might make
observations, but high winds pre-
vented this.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-05-19
GRAINS OPEN LOWER
|. Moisture Over Wheat Belt
Sends Futures Down.
BIZ United Press

BIZ United Press
CHICAGO, May 18-Reports of
rain over the entire wheat belt sent
the grain fractionally lower at the
opening on the Board of Trade to-
day. oCrn and oats sold off with
wheat.
At the opening wheat was down
Il to 9s cent; corn was unchanged
to IS cent off, and oats were off a
cent. Provisions were also lower.
Ample rains were reported over
much of the wheat belt, although
some spots still need moisture.
Operators are agreed that some new
incentive is needed to change the
prevailing situation. Liverpool quo
tations were about as expected.
Corn is firm with the small stocks
Of old corn ofTsetting the favorable
condition Of the new crop. Present
contracts will be filled with old cora
Ample rains were reported over the
belt. .'N
Rain was reported over oaCs ter
ritory last night, but there was no
other news of significance.