davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
Grain Market

BY the Associated Press.
CHICAGO, November 10.-All grains
turned downward early today, influenced
by holiday profit taking and by a
let-up in aggressive speculative pur-
chasing so conspicuous of late. Trade
readjuStments in advance of the United
States Government crop report due
after the close were also a bearish
factor
Opening at 1-cent setback to Is gain,
wheat later receded all around. Corn
started l4-7s of and then continued
to sag.
More than cents bushel tumble in
rye quotations did much to unSettle the
entire grain list, although scarcely a
dozen brokers were present in the rye
pit, compared with hundreds in the
wheat and corn crowd.
An air pocket developed on the buy
ing side of rye, and with increased SELL
ing pressure on the part of recent pur-
chasers, the market gave way fast.
More than u cents rebound, however,
for rye quickly followed with an influx
of new buying. Oats underwent sud
den smash, but also rallied soon about
~ cents. Execution of numerous stop
loss selling orders was feature OF the
oats trading.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10

stood to have been placed in high
grade bonds.
Railroad Buying.
One OF the most favorable prospects
shown in business Just now is the in
crease in the potential purchasing de-
mands OF railroads, according to Arthur
Curtiss James, director of the Great
Northern Railroad, as well as of other
corporations and reputed to be the
largest owner OF railroad stocks in the
world.
In normal times, says Mr. James.
railroads buy annually 100000 tons
OF steel. In the last two years, that
amount took care of two years plr-
chases. The fact that potential demand
Is increasing is regarded by him as an
indication that the railroads can con-
vert their hopes into actual business
transactions.
The rise in silver is attributable large
y 70 Speculation according to Walter
Palmer, leading Mexican silver mine
owner. ---0
Mr.. Palmer is of the opinion that r.
would be unW1se to reopen the MEXICAN
silver mines in the near future. He also
points out that as the value of the silver
peso improves, producing prices must
increase, ana as Mexican currency he
comes firmer the dollar must dron
Inere is consequently little optimism
IN Mexico over the continuation of Sill
yer at the present price, although If is
realized that if it should remain at this
price Tor any length of time, it will
greatly help one of the country's most
important industries. ---'''
Normally, Mexico produces well over
loo, 100000 ounces of silver YEARLY 60
that the recent advance in the metz 81 !
means an additional income of more
than $4,000, 900. - iiiole
Copyright 1881. by North American Nou,.
paper Alliance, inc5 "i' NEWS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
BY DIR. MAX wINKLER.

Special Dispatch to The Star
NEW YORK, November 10.-Con-
siderable encouragement may be de-
rived from the pronounced drop in
bank failures in the United States.
While still abnrrmally large, the total
closings in the first week OF this month
fell to 81, as against 166 for the frs.
week last month.
Since bank closings undoubtedly
added considerably to the existing eco
nomic and financial difficulties 1t As
within reason to assume that the marked
decrease in failures, together with the
reopenings of Institutions, is fairly
dependable indication that business Is
on the up grade.
Action of Rail Stocks.
1t may be recalled that the first Sc
we're break in securities prices in the
Fall OF 1929 was confined almost eX-
clusiyely to indIGtrials and public utili-
ties. The rails remained relatively ms
mune
Market commentators at that time
commended that the liquidation would
be over only after the rails had joined
In the general downward move. This
took place in tie late Spring of 1880,
when the decline in the market as
sumed uniform aspect and when rail-
road shares continued to register new
lows each day.
The process o. rehabilitation appears
to be similar. Rails seem to recover
after the upward movement has started
III the general list The impressive ad-
vance In rails Ia the course of yeSter-
days trading therefore may be regarded
as favorable indication from the
stndpoint Of the market as a whole.
Canadian Improvement.
With the anticipated increase in the
purchasing power of Canada as result
OF the advance in wheat, a somewhat
better feeling is noticed throughout the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
SWEDISH BUSINESS /
| IN HOPEFUL MOOD
Suspension of Gold Standard
Meets With Approval in
Financial Circles.
BY WILLIAM II. SLOVENIAN.
Special Dispatch to The Star.

0peClhi J1SpaICn 10 Inc star.
STOCKHOLM, Sweden, November 10.
"A blessing in disguise" is TIE gen.
eral opinion of Swedish business men
and financial experts with regard to
Sweden's suspension of the gold stand
ard six weeks after the government took
this drastic step.
most unexpected and welcome de-
velopment in the Swedish situation
since the gold standard suspension has
been the tendency of living prices to
remain at the old level instead of taking
an upward trend as they did in Great
Britain Immediately after the drop in
sterling. Due to this fact the Swedish
internal situation remains virtually I'M
affected and at the same time export
ers are given the benefit of the lowered
value of the currency.
There is now very definite feeling
against return to the old gold stand
intention to make the Swedish crown
follow the pound when its value is
eventually re-eStabilized
When the decree suspending the gold
standard expires November 80. it is
planned to extend it to January TO-
when Parliament will be in session, and
1t is very likely that Parliament will
move to extend the suspension indef-
initely
What steps will be taken by Norway
and Denmark is not decided. though
the dependence of those two countries
upon Great Britain as a market to
great extent than Sweden may dictate
an almost complete follow the pound"
policy.
Sweden's greatest cause for preoc-
cupation at the present moment is Ger
many, which has been her best Gus
toner next to Great Britain during the
postwar period and upon which she
depends to a large extent for the sale
of her iron ore Any economic catas-
trophe in that country would give
| Swedish exporters a blow on the jaw
from which recovery would be difficult.
Apparently Sweden is not planning
to resort to any such protective tariff
measures as those adopted by ether
European countries which still have
their money on the gold basis. in order
to adjust her now unfavorable trade
balance. The lowered value of the
crown, it is hoped, Will automatically
prevent the purchase by Swedes of
| many foreign products which they have
bought in recent years and will stimuli
taneously give export trade new life.
(Copyrisht. 1891 by the North American
Newspaper Alliance Inc)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
Baltimore Markets
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, Md, November TO-
White potatoes, 100 pounds, 75a1 90;
sweet potatoes, bushel 35a50; yams,
barrel, LOCAL 25; beans, bushel, 50a2 90;
beets, per 100, 2.oOa3O0 Brussels
sprouts, per quart, 1Oa15 cabbage, 35a
so; carrots, per 100, 250a3.50 cauli-
flower, crate. 1.25al75; celery, crate,
1.50a3.00; cucumbers, hamper, 2.50a
400; lettuce. crate, 2.00a300; lima
beans, hamper, 2.00a300; okra, bushel,
1.50a2.00; peppers, hamper, 25a75;
pumpkins, per l00 3.00a6.00; eggplants.
crate, 3.50a400; onions, per 100 pounds,
1.75a200; oyster plants, per 100, 500a
500: spinach. bushel, 30a60; squash,
bushel, 1.50a2.25; tomatoes. hamper, 40a
LOO; turnips, hamper, 15a2o; apples,
bushel, 50al so; cantaloupes, crate, 1.50
a2.25.
Dairy Market.
Chickens-Young, 16a2O; Leghorns,
16a17; old hens, 17a23: Leghorns, old,
12a17; ROSTERS. 12a14 ducks, 12a19
pigeons, pair, 25a30: Guinea fowls, pair,
25a50; turkeys, 20a25.
Receipts, 1874 cases; current re-
ceipts. 22a30; hennery, whites, 35a38;
30a32
Butter-Good and fancy creamery,
28a32; ladies, 20a22; process, 24a25;
store packed, Is.
Live Stock Market.
Cattle-Receipts, $50 head; light sup
ply; market strong on choice cattle.
Steers-Choice to prime, 8O0a8 so:
good to choice, 7.25a7.50; medium to
Ia n. fol 10 No
600; plain to fair, 475a5.50; common
to plain, 400a475.
Bulls-Choice to prime, ncne good
to choice, none; medium to good, 4.00a
450; fair to medium, 3.50a4. 90; plain to
fair, 3.25a3.50; common to plain, 3.oOa
3.25
Cows-Choice to prime, none; good
to choice, none; medium to good, 3.75a
425; fair to medium, 325a3.75 plain
to fair, 2.50a325; common to plain,
150a2.50.
Heifers-Choice to prime, none; good
to choice, 5.50a5.75; medium to good.
5.25a5.50; fair to medium, 4.75a5 rs;
plain to fair, 375a475; common to
plain. 3.25a3.75 Fresh cows and Spring
ers, 30.00a6o00.
Sheep and lambs-Receipts, 500 head;
light supply; market steady; sheep,
1.OOa300 lambs 3.50a7.00.
Hogs-Receipts, 500 head; light sup
ply. market lower; lights, 5.60a5 IS;
heavies, 5.15a5.65 medium, 5.70a595;
roughs, 4O0a5.00; light pigs, 5.40a5 65;
pigs, 5.60a5.85.
Calves-Receipts, so head light sup
ply, market steady; calves, 3.5oa900;
no extras.
Hay and Grain Prices.
Wheat-No. 2 red Winter, export, no
quotations; No. red Winter, garlicky,
spot domestic, 6734; November, STA;
December, &c.
Corn-No yellow, domestic, spot,
56a57: cob corn, new, 2.00a2.25.
Oats-No. white, domestic, spot,
37a37Ib: No 3, 36a3612.
Rye-Nearby, 5Oa55.
Hay-Receipts, none. New hay is
starting to arrive in increasing quanti-
ties. but so far no official grading has
been attempted, selling being strictly
on merit. Demand for old hay slow
and market is dull and quiet, with
prices in buyers favor at range Of
l4.O0a1750 per ton.
Straw-No. / wheat, 6.50a9.00 per
ton; No. l oat, 9.00al0.00 per ton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
BY LEMUEL F. PARTON.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, November 10.-Down
among the metal mongers. below Wall
Street, one hears talk of "sycees" these
days. and that means that silver takes
the world stage. The sycee is the shoe
shaped bullion unit of Chinese silver,
and the Shanghai Spectator is to the
silver market what the grounding is
to Occidental weather He was long on
silver before the spectacular rise of this
week, and he's getting longer
In Bombay, London and New York,
silver merchants concede that the Chi
nese are the shrewdest spectators in
the world. The National Metal Ex-
change here has needed and watched
these inscrutable goings-on in the by
ways of Shanghai, and it profitably
rode silver's rise from the low of 252
cents an ounce to today's a. the high
est of the year.
Opinion Is Divided.
1.-THE main question Is whether con-
tinuing rise in silver will let light into
abandoned Sumps out in Utah, Mon
tana and Arizona, start new scratch
ings and delving among the tailings of
crumbling stamp mills and pour new
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
CURB SHARES SAG
ON LIGHT TURNOVER
Leaders Decline Slightly as
Break in Wheat Prices
Occurs.
BY JOHN A. CRONE.

Special Dispatch % The Star.
NEW YORK, November 10.-Open-
ing lower, today's Curb Exchange ses-
sion continued that trend, with volume
diminishing as prices declined.
Electric Bond Il Share sold off about
a half point and Cities Service was a
shade lower. a sudden break in May
wheat in Chicago just at noon sent
Deere g. Co. down a point. Although
bar silver was higher in London today,
silver shares lsre were subjected 10
some profit-taking during early deal
ings.
Bunker Hll-Sullivan Mining opened
down points, but this could be eX-
planned by the company's September
report, which showed net before depre-
citation and depletion OF Sl4O, 1854,
against 1921, 3l9 in the same 1880
month, and net for nine months OF ST.
o37,034, against $2,002,334 in the same
period a year ago.
Mine shares, however, did not move
logically in response to earnings. TecK
Hughes eased, though net per share
for the fiscal year was above the 1880
period. Copper range ignored the re-
port that about 1,250,000 pounds OF
metal monthly were being produced in
the Michigan district. Bids for Roam
Antelope for a time flrmed, but that
may have been caused as much by
brighter prospects for world copper
curtailment as by the treatment of
204,o tons of ore in october averag-
ing 1928 per cent copper.
Hecla Mining softened. New Jersey
Zinc apparently had discounted the
September quarter net profit Of SO
cents share, against SO cents share
in the 1880 third quarter. Nine months
net of $1.27 a share, compared with
Sail share in that period a year
ago, the latter showing being better
than anticipated in the trade.
Opening higher, the Curb Exchange
after the first few minutes of trading
showed some irregularity in price
trends.
Electric Bond e. Share at 21s4 was
up a shade, only to lose that gain and
more in the next few trades. Cities
Service at 8A was off Il. Standard
Oil of Indiana at 231a was unchanged.
Ford Motor, Ltd, was unchanged but
Woolworth. Ltd, common yielded a
point on the first two sales.
The coppers failed to respond i'm
mediately to the probable world pro-
duction curtailment of that metal;
American Cyanamid B was active and
unchanged at 6. Deere g. Co. at 1872
was of 5s Great Atlantic g. Pacific
Tea opened up points at 189. Pan
American Always rose / point to 2012
Ford Motor of Canada A moved up
slightly and so did Aluminium Co. of
America. Standard Oil of Ohio was
tribe firmer at 4512.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
UNTITLED u. S. STEEL
ORDERS SHOW DROP

BY the Associated Press,
NEW YORK. November 10.-Unflled
orders of the United States Steel Cor
poration decreased 25,401 tons in Oc-
tober to a total of 3,119,432 as of Oc-
tober 81. In September a decrease of
24,624 tons was reported.
The backlog as of September 80 was
3.144,833 tons. On August 81 untitled
orders aggregated 3,169 ,457 tons, against
3.404.816 tons on July 81. On october
81. 1880, untitled orders amounted to
3,481,763 tons.
Wall Street had looked for little
change in untitled orders. There had
been some guesses that small gain
might be recorded, but these were dis
counted in other circles, where it was
said an increase would be unusual in
view of conditions which existed in the
steel industry last month, when produc-
ton was kept at low point.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10

country Canadian Pacific directors,
VINO doubtless share this view, areslike1y
10 declare the regular quarterly diVi-
dend at today's meeting. The move
ment OF freight last month was the
heaviest In nearly a year, with gains
not confined to any particular class of
merchandise.
1t is particularly gratifying to OBJ
serve that each week Is now revealing
appr2ciable improvement in traffic over
the corresponding week in 1880. Ca
naolan Pacific shares are still yielding
dIouhd per cent on the basis of the
prevailing dividend rate of 81 so a share.
Far East UnsettIement.
Dlfnculties in the Far East, a short
rice crop in Japan, smaller paintings in
Inc United States, poor crops in Argen-
Una unsatisfactory harvest prospects in
EUROPE disappointing Russian crop
ana expectation that Russian news will
tioln now on be more bullish than
la. .ai 4Sn; are considered optimistically
lIoHl the standpoint of future move
ments OF wheat prices. Despite the re-
cent marked advance in the commodity.
a a lupther rise is predicted, and 81 wheat
% noL regarded as entirely illusory.
tam european observers, how
ever, especially in France. incline to
atII4oute the advance to speculation
atIu consider it, therefore, difficult to
. . reliable forecasts regarding dura-
ment.
common Stock Law,
law Is about to be introduced in
CANADA which will tend to repulate the
purchase by Canadian insurance COM
pdilleS OF common shares. If this law
- enacted, companies will not be per-
inltGeo 10 invest more than 25 per cent
Vi tilelr ieoger assets In common stocks.
III oFoer to prevent the dumping of
SHARES sI by insurance companies which
aFeaoy mold a large amount of COM
. mon Shafes, the proposed law provides
Iilat companies will have an ir definite
period within which to dispose of their
common stock holdings.
Another measure which IL exnected
70 pc proposed will restrict the purchase
Oh common shares in those companies
least 100000.
legislation of the above character
VIII apply notably to the Sun Life In
Surance Co. of Canada, which at the
beginning of the current year held
common shares with a book value OF
cIoSe 70 S300,000,00O. Although it IS
not oehnltely known whether much Of
IneSe nave been disposed Of a great
oeai OF the company'S funds during the
0o"ise ol the current year is UNDER
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
Auto Production.

NEW YORK, November 10 (Pl-The
National Automobile Chamber of Com
merce announced that production in
the American automobile industry in
october amounted to 86,328 cars.
On this basis the months output was
40 per cent under September and 46
per cent under the production Tor Octo-
Der, 1880.
The industry's production for the first
10 months of 1881 was estimated at
2,2s3,0ls vehicles, or 90 per cent under
last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
GENERAL MOTORS SALES.

NEW YORK, November 10 (P.-Total
October sales of General Motors cars
to dealers, including Canadian sales and
overseas shipments, were 25,975 cars,
compared with 28,253 units a year ago,
the monthly report revealed. Sales to
American consumers last month amount
ed to 1902 units, against 57,757 in Oc-
tober, 1880, while sales to American
dealers totaled 21,305, compared with
22924 year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
POTATO MARKET.

CHICAGO, November 10 Up Omitted
States Department of Agricultural =
Potatoes, IS; on track. 283; total United
States shipments. 685. about steady;
trading rather slow. Sacked per hun
dredweight: Wisconsin Round Whites,
70a80; few, IS; Minnesota. North Da-
kota, Red River Ohio's, 85-95; occa-
sional, 100: Idaho Russets. No. l, LISA
lao; few higher; No. 2, LOCAL .05; COM
mercials mostly 10,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
New York Cotton

Special Dispatch to The Star.
NEW YORK, November 10 (CP.A0.-
Opening cotton prices today were to
points higher, with active demand in
all positions Trade buyers absorbed
moderately large offerings in neal
months, while hedge covering served te
support distant months.
Opening prices we're: December, 6.76
up i; January, 638, up 8; March, TOO
up l; May, 718, up q July, 1877, up 4
and October 759, up 4.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
Everybody's
Business

Recent Decline IN Bank
Failures Indicates I'M
brovement IN Financial
Wor1d-Advance IN Rail
road Stocks Considered
Good Market Influence.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10

In the past 100 years America has
lived through five alternating periods of
prosperity and hard times.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10

The average British family is spend
ing 30 cents week on newspapers and
periodicals..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10

Dividend rates in dollar. based quarterly or
nual payment Ex dividend tP1rty extra tPlus
dividend. Plus SO stock stock Plus IL in
stock illus 2% in stock Plus l0% In
n D year-no regular -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
Money! to Loan

Prevailing interest and eommission.
Joseph |. Weller s.. sis, WISH "a I I wv
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
FOREIGN EXCHANGE,

Quotations furnished by w. B. Hibbs e. r,
Nominal gold Saliva -.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-10
NEW YORK CURB EXCHANGE
Direct 10 Office

in by
! and Sales
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-31

Miss Bernice Oestricher Of New York
is visiting Mrs. Edward Sonneborn of
1901 Connecticut avenue. who enter
tanned in her honor Thursday night.
Miss Harriet Sanger was given a
shower on Wednesday night at the
home of Miss Alice Frank by members
of her sorority, Sigma Omega ri.
The closing exercises Of the kinder
garten and first classes Of the Sunday
school of the Eighth Street Temple will
take place this morning at 1880 o'clock
at the temple. The exercises for the
other classes takes place on Sunday,
June 7.
Mr.. Louis Chaser is returning to his
home, in Boston, Mass, today, accom-
panied by his young daughter. Miss
Louette CHASER, who has been spending
the past two weeks in Washington.
Mrs. CHASER and her young son will con-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-31

and Mrs. Arthur Marks Of the West
chester. Mrs Marks left for Pontiac
this week end to be the guest OF her
daughter.
Miss Betty Baum returns home today
from Baltimore, where she has been
student at the Peabody Institute OF
Music. and will be with her parents,
Mr.. and Mrs. Charles Baum, over the
Summer.
Mr.. Louis Marks is spending the week
end in New York
The Woodmont Country CLUB neld
an informal dance las. night at the
club house. Many dinner parties pre-
ceded the dance.
Mrs. Harold. Singer has returned from
a visit in New York, where she was
the guest of Mrs. Blanche Singer.
Mr.. Alexander Wolf, jr.. Mr.. John
Wolf and Mr.. George Sandberg motored
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-31

to Atlantic City for the week end.
Mrs. Leo 8. Schoenthal left on Friday
for Atlantic City to be the guest OF her
son-in-law and daughter, Mr.. and Mrs.
Myron Hess. for 10 days.
Miss Mildred Pines is the week end
guest OF friends in Atlantic City.
DR.. Irving Brotman sailed for Eng
land Yesterday and will later visit in
Paris, returning here the end Of June.
Miss Frances Fest OF Deal. N. j.,
has been spending the past week In
washington with her sister, Miss Mar
jorie Feist, who attends National Park
Seminary. and Miss Tina Wollberg.
They are at the Cavalier Hotel, Virginia
Beach, over the week end.
Miss Amy Behrend has as her guest
Miss Aline Hahn OF Philadelphia, In
whose honor she entertained at her
home Wednesday night.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-31
Miss Culbertson Sailing for
Chile to Join Parent

Miss Junia Culbertson, daughter \
the United States Ambassador to Chi
and Mrs. william 8. Culbertson, havin
finished her FIRST year at Bryn May
is now visiting Miss Helen WALKER
Ashmead place. She will remain
Washington until Friday, June S. VII
she will leave for New York, sail
for Chile on the Santa Barbara ~
following day. She expects to be 9
companied by Miss Elvira TrowbEi0
Of Bedford Hills, IN. Y, and Miss Hele
Walker. They will return to the Stat
the latter Part of September, when MN
Cuiberston will resume Ter studies 9
BPyn Mawr.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-31

N. Y, are the guests Of their son-iri-
law and daughter, Mr.. and Mrs. Arthur
We'll OF Legation street.
Mr.. and Mrs Jacob Kaufman leave
Wednesday for California to spend sew
eral months with relatives.
Mrs. Flora May, who has been visit
ing her son-in-laW and daughter, Mr..
and Mrs. Norman Fischer OF Chevy
Richmond, Va.
Mr.. and Mrs. Emanuel Rice are en-
route home from their stay in Cali
fornia and will be home Sunday, May
81, at 2629 Connecticut avenue.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-31
Arts Club Presenting
Interesting Programs

A concert will be given at the Arts
Club this evening, when Mr.. Bernhard
Spille, tenor, will sing, and Mr.. Nation
Boyce, pianist, will present q piano
program. The clubs Hospitality Com
mittee will be the hosts.
Tuesday evening DR.. William F.
Notz, dean of the Foreign Service
School Of Georgetown University, will
be the guest of honor at the Arts Club,
and will address it on present Day
Leaders in Europe and Their Policies. -
Miss Florence E. Ward and Miss
Minnie r. Notz will be the hosteSses.