davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-01-13

With long experience in eco
Monies, both here and abroad, DR..
David Friday of A. G. Becker g.
Co. will address the Indianapolis
Bond Mems Club at a dinner in the
indianapolis Athletic Club Jan. 20,
on The Financial Situation"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-01-13

Insurance Company of North America
declared so cents extra dividend. year ago
paid 81 extra.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-01-13
LEADING STOCK
SHARES BREAK
TO new LOWS
issues Move Downward on
Renewed Selling in
Early Session.
Average Stock Prices

Average Of thirty industrials for Mon
day was 1879. OF 3.72. Average Of
OF twenty utilities vas 6i.43 of J. Aver
age Of forty bonds was 1896, OF %.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-01-13

Indiana district. Kiwanis Clubs. mid
winter conference, indianapolis Athletic
Club.
IIlini Club. luncheon, Board of Trade.
Mutual Insurance Association, lunch
con Columbia Club.
Lions Club. luncheon, Lincoln.
Purdue Alumni Association, luncheon,
SEVERN.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-01-13

Memphis Power and Light twelve months
ended Nov. 80 profit 81. 256 661 after taxes
and charges, but before depreciation.
against ST ,997. 1856 in preceding twelve
months
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-01-13
Initial preaa

CINCINNATI, Jan. 13.-Hogs-R Receipts,
. 700: holdoyer none; closed active. mostly
lOc highegg some late sales lies 1920 ID:
Side showing Csc advance: 23O-26O lbs. So
@8.35; 275-So0 lbs. $7.5o@7.75: l2o-l4O
S6.25@6.50. Cattle-Receipts, $500; calves,
300; generally steady; steers SLOW. weak:
and heifers s6G9; beef cows, largely S4.75
a $50; some up to S.; bulk low cutters
and cutter COWS. $364; best weighty bulls,
oil; lower grades. $3.50 down. Sheep
Receipts. 1925; steady to weak; spots Csc
lower better grade handy weight lambs
common and medium, $6,5OG750; fat ewes
S2G3.
Milford chronicle., 1931-03-20

Howard r. Ennis and Congressman
Robert G. Houston of the Delaware
Commission for Predetermined.
Mr.. and Mrs. Joseph G. Green gave
Il birthday dinner and theatre party
on Friday, March &, i'm honor of their
( daughter, Isabel Those present
were Misses Helen Pittard, Mary
/ Lou Zullinger, Gladys wilkins, Mar
sarct Green, Isabel Green and the
Mcssrs. Linden McIlvaine, William
Schcer, James Scott, Raymond King
and Paul Pepper.
billy" son of Mr.. and Mrs. Chas.
Stevenson, stuck the prong of a
pitchfork in his ankle while at play.
The residence of Daniel j. Lay
ton, Esq, on South Bedford street,
is being newly painted by Burton
Prettyman.
The Grand Castle of the knights
of the Golden Eagle, will hold their
annual meeting in Georgetown, on
Monday. April 6.
Miss Kate Hayes of this town
slipped and fell on the street Sun
day, March 8, and sustained lacer-
ations of the face and sprained an
ankle.
Elijah Parker and Mrs. Margaret
J. Bigger of Wilmington were mar
ricd Saturday, March 7, at the
Georgetown NJ. p parsonage by the
Rev. NJ. E. Hungerford.
Miss Nillie Roach is home from
Washington.
Howard Stewart of Philadelphia
spent Sunday here.
John f. Kaiser was a Wilmington
visitor on Tuesday.
Mr.. and Mrs. Thomas Robinson
were in Wilmington on Thursday.
Mr. and Mrs. Harold d. Hatfield
and son Bobby were in Wilmington
on Wednesday,
Mrs. James Devin and Mrs. Bes
sic N. Hudson were in Wilmington
the first of the week.
James Blades of Delmar il i'll at
the home of his daughter, Mrs. Nc
Cinnis on Railroad aveIIe, here.
Mr.. and Mrs. Charles Green and
two children of Dover spent the
week. end here with his parents, MT
Milford chronicle., 1931-03-20

and Mrs. Joseph &. Green.
Ici tractor Albert P. Cr0il has
been i'll Wilmington this week as 4
petit juror in the United States
Court.
Rodney Pride is assisting in the
meat and grocery store of William
A. Marker who is confined to his
home on East Market street by the
grip.
Mr.. and Mrs. Harvey Short OF
StOcklcy entertained to dinner Sum
day, Rev. and Mrs. Harris and
daughter Pauline, Mr.. and Mrs.
Frank Bancroft, of Wyoming, DR..
and Mrs. Oliver James and Gaugh-
ter Elizabeth, of Milford, Mr. and
Mrs. Philip Short and daughter
Thelma.
Mrs. Norman J. Bond visited sew
eral days in Washington this week.
Miss Margaret Hazard of Lewes.
Miss Sarah Messick of Milford were
guests of Miss Pauline Godfrey Cn
Wednesday.
Mrs. Ada Atkins has as her guest
for some time her sister-in-law, Mrs.
Atkins of Salisbury, Md.
Miss Olive Hurley of Washington
visited her father for the week.
Mrs. John r. Watson has been
quite ill at her home on the corner
of Rosa and King streets, the past
week.
CIiampian Hawk and Owl Trapper
Frank Milman of near George
town has caught 27 hawks and u
owls the past year. If the other far
mers would do the same, the hawks
would soon be broken up. Frank is
the champian hawk and owl catcher
so far heard from in this section.
Mrs George w. Walls spent the
weekend in Philadelphia.
Miss Barbara Faucet is visiting
her grandparents in Philadelphia.
Mrs. Noah Hurley is quite sick
with grip at her home ON KINNEY
street.
Mr.. and Mrs. Daniel J. Layton
have returned from their several
weeks stay in Florida.
Mr.. and Mrs. William H. Downes
have returned from Wilmington,
Milford chronicle., 1931-03-20

where they spent the winter
Mrs. Jennie Phillips is spending a
few days With her brother, former
Judge David T. Marvel in Will
mingtOn.
Mrs. Elizabeth S. Hastings Of Al
lcntOwn, Pa, has been spending
some time with her father, Robert
Short.
Mrs. George D. N1aloney has re-
turned from the Milford Emergency
Hospital and her condition is much
improved,
Mr.. and Mrs. German Tull of
Philadelphia spent the weekend
with Mr.. and Mrs. Oscar Thomas ON
Laurel street.
Mrs. Robert Short has returned
Milford chronicle., 1931-03-20

drawing near its end in the East.
Perhaps not more than 200 cars more
will be shipped from western New
York, the principal late holding sec
ton Some of the holdings will not
be shipped because of the low prize.
The season has been disappointing
to producers, with recent prices
around SO per ton for bulk ship
ments.
Carrots continue neglected at
country shipping points. Sales Of
1OO-pound sacks from farmers stor-
age brought only As cents in the RO-
chester, New York district. About
ten cars are shipped daily.
Milford chronicle., 1931-03-20

aH a.
from Atlantic city, where she has
been spending some time for the
benefit of her health
Mrs Elizabeth c. Walmsley OF
Georgetown, Md, is visiting her
daughter. Mrs. NJ +. Ilungerford at
Georgetown NJ. p. parsonage.
Mrs. Matte Short of South Bed
ford street is recovering from an
attack of gripc at tho home Of her
daughter, Mrs Clifford e. Burton in
Angola.
William S. Kitchens OF near
Springfield Cross Roads was in town
on Friday evening. ~.
It's dangerous to lose the habit of
making friends.
Milford chronicle., 1931-03-20
A
DELAWARE STATE
SUPERVISED


rs ounces each and average at least % ounces
per dozen, F- ...
SUPERVISED-TESTED BARRED PLYMOUTH
ROCKS
IL. w V. Steen Dagsb0ro, 22, 600 breeders.
6. Collins Hatchery Mflton, 10.SOO breeders.
7. Byron Pepper and Sons, Georgetown, $500
breeders
.. Nelson ]. Forney Hatchery, Georgetown 5000
breeders. Il,
1. Concord Poultry Farm, r. d. No. q Wilmington,
200 breeders.
2. d. Herman Hettingor, Bsmere- Wilmington, 40
breeders. -r'"' ..+
4. Frank b. Austin. Milford, 25 breeders
16 E. d. Carey, Brdgeville, 65 breeders.
SUPERvISED.TESTEsD SINGLE COMB WHITE
LEGHORNS
o. Nelson J. Forney Hatchery, Georgetown, 1000
breeders.
G. Collins Hatchery Milton, 1000 breeders.
49, Eon Hitch, Laurel, 800 breeders
L. Frank b. Austin, Milford. 375 breeders.
2 d. Herman Hetnger, Elsmere Wilmington, IT'S
breeders. ~, +ts.
SUPERVISED-TESTED WHITE WYAND0TTES
& Byron Pepper and Sons Georgetown, $500
q D. Herman Hettnger Elsmcre- Wilmington 200
breeders.
SUPERVISED.TESTED $. c. RHODE ISLAND
REDS
G. Collins Hatchery, Milton, 500 breeders
T. Byron Pepper and Sons Georgetown. 500
breeders.
l. Concord Poultry Farm, II. D. No. 2, Whining
ton 100 breeders
SUPERVISED.TESTED WHITE PLYMOUTH
ROCKS
2. d. Herman Hettihger Elsemere-W Wilmington,
1875 breeders
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-11
AMATEUR 'SHORTS" EMBOLDENED
BY LONG DECLINE IN STOCKS

and keep the difference between his
selling and buying prices as profit. In
the interval between the sale and sub
Sequent purchase the short seller Dor
rows an equal amount or the particular
stock for delivery to the buyer in the
short" sale.
The practice has been defended on
t. theory that short sellers help main
tam an active market. AN argument
which receives greater emphasis is that
a Shcrt seller becomes a 0u:Wark against
sharp decline in prices, since he IS
inclined to buy stock 70 replace the
shares which he has borrowed as soon
as the market permits nm to make a
profit.
Presumably the exchange question
naiTCS were sent out to divulce the eX-
tent Of the ShOrt-Solling to determine
II disciplinary action were necessary.
The exchange is not opposed to short
selling, but 1t is opposed to one use
in particular of that device.
Richard Whitney. president of the
exchange, in an address before the
Chamber Of Commerce of Boston on
January %. said: The exchange real
ICES that throughout this period of dis
turbed business conditions there has
been a considerable volume of short
selling. 1t draws a distinction. how
ever, between a short sale which is
made by a person who genuinely be-
leVcS the price Of particular security
is too high and who sells in the ordi-
nary and customary manner and the
person who offers securities in volume
and in a manner calculated to depress
prices with the hope of prof1ting by the
depreciation in value which his own
transactions have created"
This latte. operation in Wall street
parlanc2 is a bear raid. Although the
exchange attempts to check these raids
and issues qucStiOnnaireS to ascertain
whether selling was concentrated among
a few operators deliberately planning
to depreSS the market, the problem is a
difficult one. A bear raider can take
pains to cover his tracks by diStribut-
ing his selling orders among several
brokers. He may even use dummy
names for some of his accounts Al
though There may BE- good reason to
believe that one individual or group
deliberately set about causing a slump,
it is another matter to get proof
In the late stages of the bull market
one of the important factors in the adj
vance was The volume of buying orders
placed by the so-called small fry
Spectator. Conversely. many amateur
spectators became short sellers when
the pear market arrived. since the
Autumn of 1929 the sharpness of a
number of rallies has been ascribed to
buying by these amateurs. The expert
enced Spectator is not inclined to rush
to cover his short commitments at the
first sign OF strength or to sell at the
initial appearance of weakness, whereas
the smaller operator easily takes fright.
Amateur Spectators have as much
right to buy and sell stocks as any one
else. but they do make the market more
complicated at times.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-11
CURB STOCKS SLIP
TO LOWER LEVELS
Profit Taking Follows Recent
AdvanCe-UtiIitieS Are
Feature.
Fly JOHN A. CRONE.

FprC,al Dl-patCh to The Star.
.--,,,,.o,,. r,,,.,, ,,,or,.,+
n" OL,h JuIe ',.ar + nc NJ =,
$500 W., ",' "a ,,% r,o rocos
I!.u,'' lge ,,,tt,,,. ~ nrofit-
Sl3 ~"S n.y. III va, 80 to
.IAAIs w Iui'eo IMAM wv
oI ShoiI poSlllol4N' ,,:..,. ;,.,,-,..,,,o,
Market news was OF 'l'Ir HiipoI 'di l.
thouEh the oAS louhd pu!tlSh tE gu
mcnt IN the maintenance OF inc regular
dividend by Gun on OF Pehhs ..l Va "a,
Most OF the tracing was again III
the nIlIltleS. EeCirlc boha :" smart
worked OH RraGuaIly uh'L II Solu az d
point loss az one l!lle. ouC recovered
partially by midday. ms movement
about paIalc.ed inc acton OF othef
active utilities, including American
Commonwealth Power a ana 3. Amer
lean Gas & Electric, American Super
power Brazilian traction, Central
states Electric, Commonwealth Edison,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-11
RAIL HEADS APPEAR CONFIDENT
OF OBTAINING RATE INCREASE
Emergency Application to |. C. c. Designe|
to Improve Credit Status of Carriers
Would Also Aid Employment.

find Justification for it in an iIease
in freight rates.
In the carly stages of the posed
freight rate increase it was the aStern
lines that took the initiative that
time the Northwestern. SoureStern
and Southern systems were irned 70
hold back, believing that corlohS III
their respective territories dihot en-
courage them in seeking her raes,
The roads in the South Fe joined
with the Eastern systemSA making
their applications for high rates. II
is understood that the TthWeSterh
lines have reversed their lg4haI anu
tude and are likewise to represented
IN the application to E interstate
Commerce Commission IS let that
a united petition will hf mucA more
weight with the COMMON than one
representing a limitcfrea' such as
that covered by the trR me roaos.
The application is sea SPeciHcaIIV
on the transpcrtatiofc "hlch per
mits the InterstatFommerce Com
mission to grant rat Whlch VII yleIo
a return of 81 peFnt on the prop
Gently this weld Is been less than
3 per cent. Thobct is emphasized
that an emerqe1 in the affairs Of
the railroads exJ Just as it did in
1920 End that be roads have the
right TO ask II the terms Of the
transportation be carried into ef-
feet. The ap1atjon is for a hori-
zontal tncreaST IS per cent. 1t is
known that fous schedules in the
general rate t1CtUre will have TO be
adjusted in der 10 prevent the i'm
position of Iair penalties on certain
Shippers aj 10 prevent the loss of
traffic to GER avenues Of tranSpor-
tation.
asiness Aid Seen.
Pai1roaJ executives have been sur
nrised athe moderate amount Of OBJ
lection the part of shippers TO the
Drop2sarfor railroad freight rate in
creases Some Of the largest ship
Ders We. in fact, expressed their
approy Of it believing that it will
have stimulating effect not only on
their an industries. but on business
in CORAL. An increase in freight rates
woIITobviouslv dispose of the posi-
biuyof q reduction in the rates of
paw railroad employees.
tCopyrirht. 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-11
Washington Produce

Butter-One- pound prints, %; tub, q
Eggs-Hennery, 1921; current re
ceipts. l7al8.
Poultry. alive-Turkeys, 20; hot-hoB
broilers. large. 34a35, medium. 32a!
Leghorn broilers. 22a26, hens, large "a
%; small. 1920; Leghorns, 49, rooSoS'
l2al4. ducks. Is; keats young, Npu'
old. 40 Dressed-Hct-h house brJtIS'
large. 38a40; medium, 37a38; LegcfaI.S'
28a30. hens, large, 25a26 small, 2a-1
Leghorns. 20; ROSTERS IS, keats Dung
70a80 old 60
lamb, Western. I5al6: Sprip, I6aIE
pork loins, II; fresh hams. - ineSh
shoulders, u; smoked hfrS' 10 -
smoked shoulders. -; striptacon' Il
lard in bulk. 10: packages IL.
light and medium, 6.5Oa6.7;, pigs goa
6.75: loughs. 3.00a4.5O; alyeS, 4.Ooa
800; Spring lambs. 10000.
ts-Strawberries. 350a5 90; buck
leberries, 275a4OO; ARIES, bo% STOCK
2.50a2. IS: peaches. 00a2 90; pears,
500; plums. l25a20, aprlcotS. ~
oranges. 30Oa5 so: mons. 6.0Oa8 90;
lines per 100. 500. ananas l.50a2.5O;
cantal6upcs Jumbo: 3.00a3.25 stand
ards, 2.75a3 90: poys. 2.ooa2 so; cher
ries homegrown. rates, $50 honey
deWs. 2 50a3 90; neapples, 2.5Oa2.75;
rhubarb. per 100 punches, 3.oOa4;oo.
VepetabIcs-Pnatoes, new, per barrel,
2.75; old, 10o-pInd sacks, 200; sweets,
, OO. string hens. 90; limaS, 3.50a4.00:
peas. 75aioo squash. 100; eggplant,
; 50a3 90. carrots, crates, 800; per 100
lunches so. tects. per 100 punches,
8 90; cuembe-s. LOCALES. lettuce,
honegrcyn. rs; spinach, 3Oa35 kalc.
30a35: MONS. Bermudas. l.60; white,
! 65al. ,; Spring. per 100 punches, 200;
radishs. per 100 punches, $50; Cauli-
flowp, homegrown. 1.25a1.50; peppers,
90 tomatoes, siX-pan crates, 200;
luo, 150a200
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-11
CORPORATION
REPORTS
TRENDS AND PROSPECTS, OF
LEADING ORGANIZATIONS

NEW YORK. June 1.-THE following
is a summary Of important corpora
ton news prepared b. the Standard
Statistics Co. INC, New York, for the
Associated Press
News Trend.
The price of refined copper, which
has shown marked weakness in tho last
two months. lell again to cents
pound. the low level which it reached
IN the middle Of last week, only to rise
temporarily to ga cents, Such fuc-
tuatiOnS in this metal reflect the cXpcc-
t3tlon that copper statistics for the
month Of May. which are to be made
publ: shortly will show further in
Creascs in stocks on hand.
Much interest was conferred yCstC"-
dav in the meeting OF Fox Film Corpo-
ration Before the stockholders meet
sing the directors decided to cut the
quarterly dividend on both class ana
class B common stocks to 62i2 cents
a share from 81 quarterly previously
paid. The stockholders themselves re-
moved the majority of the old direc-
tors including Willilm Fox. and sub
stitutcd strong banking representatives,
including Albert H Wiggin of the Chase
National Bank and Philip r. Clarke of
the Central Trust Co. Of Illinois.
The Companies.
Chicago Rock Island & Pacific Rail-
way expected to show net deficit S3l0,-
GOO for Mar. against net income Sl3l,-
59l year ago.
Continental Shares Inc liquidatng
value April 80 1881 S4l9 common
share. against Sl5.6l Dcccmb 81. 1880.
Diamond Shoe Corporation 37i2 cents
quarterly common dividend; formerly
paid so cents.
Douglas Aircraft current untitled bus
mess about s. 100000
General Cigar-Reportad reducing
Whit Owl price to ) cents from cents
June Is, to charge off at once inven-
tory loss and in consequence Will not
earn second quarter dividend
General Motors has 286,40 common
and 1925 preferred stockholders.
against 268.9O7 end nan, = spectively.
in first quarter 1921.
Midland Steel products second quar-
ter shipments of 10 per cent, June OPP
erations at level of year ago.
Standard Oil of New ,Jersey-Nicara-
guam government monopoly of petroleum
sales will exclude West India Oil Co.,
subsidiary. operating for Is years in
that country.
Thompson-Starr Co-Revaluation
of securities and receiVableS resulted in
reduction OF $3,5l9,045 in r$gate
value: uncompletad contracts April %
tOtaled Sl97lU,G78, against $ll ,065 $50
January 81 and $33 1888 year ago.
United Cigar Stores of America-Re-
ported to have found further breaches
Of contract made with Gill-ttc Safety
Razor during last four years which
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-11
BY CHARLES +. SPEARE.

Special Dispatch 70 The star
NEW YORK, June Il-Rairoad OK
ecutives here to prepare the freight
rate increase application TO the Inter-
state Commerce Commission we're con-
fident that the commission would per-
nit them to increase their rates as an
emergency measure.
1t is understood that the petition
to the commission will be made imme-
diately and will request a horizontal
increase of Is per cent. Wall Street
has been talking of reply from the
commission by July !. This Is not
probable nor practical. At the earliest,
it viii be August before the commits
sion can determine what 1t shall say
in reply to the application of the
railroads 1t is more likely to be Sep
TENDER than August when its de-
cision is finally handed down.
Would Aid Credit Status
This would give the carriers four
months Of the calendar year in which
to obtain the benefit Of such rate ad
vance as the commission may grant
In dollars. the sum would not be
large enough TO change the general
which is likely 10 be of from 25 per
cent to IS per cent in the eight months
to August 81 1t would. however. great
" improve the credit status Of the
carriers and II would have q pro-
nounced effect on their policy toward
employment and the purchase of ma
terialS and supplies.
The fact that the New York Central
Railroad declared a regular dividend
instead of reducing its rate as Wall
Street had believed was looked upon as
an evidence of confidence in the friend
" attitude Of the commission toward
the proposed rate raise application
One railroad executive said that as
soon as the rate increase was granted
his road would double up its orders for
steel rails and put between 5000 and
4 900 men at work on maintenance Of
way and maintenance Of equipment.
Much work that has been deferred dur
ing the Spring and will be postponed
throughout the Summer will undoubt-
edlv be rushed so long as open weather
continues this Fall in case the railroads
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-11

were said to b. basis of additional rights
IN favor of company for damages.
Segal Lock e. HardWare-Long-t term
razor sale contract reported negotiated
with Unit d Cigar Stores of America.
Chicago &. Alton Railroad May oeflcit
after charges $208l97, against deficit
S535l59: five months deficit 81 ,692, 4l6,
against deficit $l,847,904.
Fox Film Corporation cuts quarterly
dividends on Class A and E cOmmos
stocks to g. !, cents each from 81: NV
board does not include william Fox,
Goes include Philip r. Clarke and Albert
H Wiggin among 9th rs budgeting sys-
tom expected to lead to saving Of over
S300O.0O0 yearly sales contracts for
1882 season with domestic exhibitors
far ahead year ago.
Associated Appar-l Industries direc-
tors meeting postponed because OF lack
Of quorum.
Dominion Stores. Ltd. sales. five weeks
to May 80, up 10 per cent; % weeks
up per cent.
Federal water Service operating rev.
enues, II months to April 80, up As
pr cent; ne. income after subsidiary
preferred dividends off IA per cent.
Add Midland Steel Products cash and
marketable securities June 10 reported
totaled $4,000. 900.
st. Regis Paper Co. Is cents quarter
ly common dividend; formerly paid %
cents.
Sing-r Manufacturing usual $3.50 eX-
ira and $3.50 quarterly dividends.
United Gas Improvement first quar-
ter operating revenues of system. in
Guiding Philadelphia Gas Works off 25
2.7 per cent; gas revenues, off l per
cent; operating expenses, 442 per
cent OF operating revenues against "A 2
pr cent in like 1880 period.
United Printers & Publishers passed
quarterly preferred dividend; paid SO
cents April /.
WoolWorth IF. W. Co. to rec5i i've
$4,000 cash ard $770OOO00 ordinary
shares as result OF recapitalization of
and public participation in British sub
sdiary, addition to surplus of parent
company to equal So a share.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-11
BOND ISSUE AWARDED.

BALTIMORE. June II tSpeciaD -
The Safe Deposit & Trust Co was
awarded an issue of Sl,000,00O State of
Maryland A. per cent bonds yesterday.
The institution purchased the entire
issue for its trust estates.
A group headed by Strother, Brogden
& Co. Mackubin, Goodrich g. Co. and
the Maryland Trust Co was award ID
two issues Of Calvert County bonds.
totaling S345000. The securities were
offered al prices ranging from 800 per
cent to 40 per cent basis
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-11
New York Cotton

Special Dispatch to The Star.
NEW YORK, June 1l-After hold
ing within a narrow range on light
trading for several hours today. an &C
tive covering movement developed in
the cotton market in the last half
hour Of the day and advanced the list
about 81 a bale under a large volume
Of business
The upturn in railway shares on the
Stock Exchange made shorts nervous,
particularly IS the market has shown
pronounced resistance for several DAYS
Spots were advanced 20 points TO 8.65.
Cotton range.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-11
Grain Market

By the Associated Press.
CHICAGO. June II. - Rallies in
cereal prices late today accompanied
reports that only two points in Canada
had received more than half an inch
of rain There were also advices of
dust blowing in some Canadian drought
territory, Meanwhile complaints were
received Of too much rain in various
domestic Winter wheat sections, with
fears expressed of damage from lodg-
ing and as to likelihood of a difficult
harvest. Rallies, however, failed 10
hold.
Wheat closed unsettled LIZA cent
lower, corn unchanged TO % of. oats
ga down and provisions at Is TO 30
cents advance