davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-07-18
CHICAGO LIVE STOCK MARKET

CHICAGO. July 18 [R.-United
States Department of Agriculture
Hogs 28,O00, including 8,O08, direct;
very slow, mostly l0-15 below Friday;
l8c-24O pounds, 485a5.00: top sos:
25O-3OO pounds. 470a90; l40-l70
pounds 4.65a9O; Pigs 4l0a50; Packing
Sows 335a4O0 light weight. good and
choice, 140-160 pounds, 460a90: light
weight, 10000 pounds, 475a5.O5; me
dunn weight, 200-250 pounds, 480
a505; heavy weight, 250-350 pounds,
4.35a90: Packings SOWs. medium and
good, 275a500 pounds. 3.25a4 40: Pigs,
good and choice, 1oo-13O pounds 4-lo
a65.
Cattle. 10000; calves 1000; very
little done; few early sales fed steers
and yearlings weak to 25 lower; most
bids 25 and more off butcher she stock
weak; bulls weak to 10 lower: vealers
about steady: two loads outstanding
medium weight beeves $50; slaughter
cattle end vealers. steers, good and
choice. 6OO-900 pounds, 7-25a9.25; 9O0-
100 pounds. 7.25a94O: 1100-1300
pounds, 750a9 40; 1300-1500 pounds,
7.75a9 so; common and medium, 600
1900 pounds, 425a7.50.
Heifers, good and choice, 550-85O
pounds, 6.50a800; common and me-
dium, 3.75a6.5O. COWS, gooQ ana ciloICe'
3.75a55O; common and medium. 2.75a
3.75; low cutter and cutter, 1.75a3,OO
Bulls (yearlings excluded, good and
choice (beet, 3.50a500; cutter to me
dium, 2.25a34O. Vealers milk feO,
good and choice, 5.5Oa6.50; medium,
5.0Oa5 so; Gull and common. 400a5.0O
Stocker and feeder cattle: Steers, good
and choice, 5OO-1 ,O50 pounds, 5.25a6.25;
common and medium 3 51a525
Sheep-Receipts, 10000 head; steady
to strong. tendency higher; quality very
plain; few desirable native eve and
wether lambs, 5.75a6.O0 to packers;
closely serted kinds, 6.25a6.50 to out
siders; holding good rangers around
600 Lambs, 80 pounds down, good
and choice. 5.5Oa650; medium, 4.50a
$50; all weights common, 300a4 so.
Ewes. 9O-150 pounds, medium to choice,
1.OOa225; all weights Gull and common,
50a1.75.
Evening star., 1932-07-18
Trust Companies.
Washington Produce

Butter-One-p pound prints, SO score,
%; 80 score, 2l standards, 20; tub, 90
score. 81; 80 score, 20; standards. 10.
Eggs - Hennery 15a16: current re-
ceipts, 13a14: Western. fresh, 14a16.
Poultry. alive-Turkey hens. IL: toms,
10: crooked breasts. 10; Spring broil.
ers. Plymouth Rocks. 2ia pounds ana
over. 19a2l; 2l2 pounds and under, 16a
l8; Rhode Island Reds. l5a17; mixed
colors. 14al6; Leghorns. 14al6: hens,
colored. 13al5: Leghorns. IL: ROSTERS. 8.
Poultry, dressed-Turkeys. hens, Is:
toms, 13: crooked breasts. 49,; Spring
broilers. Plymouth Rocks. 21a pounds
and over, 22a24: 212 pounds and under.
l9a2l; Rhode Island Reds. 18a20: mixed
colorS, 17al9; Leghorns, 17al9; Leg
horns. Is; roosters, IL; Long Island
ducks. Halls; hens. colored. 16a18
Meats-Beef, 16l2; lamb, 16; veal, IL;
pork loins. 16a17; fresh hams. 49,;
smoked hams. IS; strip bacon, Is; lard,
~; compound, 7.
Fruits -Watermelons, 25a60; canta-
lcupes. California. 2.75a300; North
Carolina, 1.75a2O0; honeydews, LISA
200; honeyballs. 2.50a3.00; pears, 3.25;
apples, bushel. LOCAL 25; Transparents,
50a75; peaches, 30Oa350; grapefruit,
500; oranges, 350a400; lemons, 450a
800; bananas, 1.25a225; grapes, Thomp-
son seedless, 200; Malaga, Its; black
berries, 300a4.00; raspberries, red, $50;
cherries 2.00a225; huckleberries, quart,
l212a15; currantS, 500; alligator pears,
1.50a2.00 lines, per 100, 200.
egetables-Potatoes barrel. 150a2 90;
sweets, bushel, 50a75; tomatoes, 2-peck
baskets, l.00al.25; string beans, 100;
limas, 1.50a200; lettuce, Iceberg, 375a
400; New York. dozen, 60; peppers,
1.00a1.25; cucumbers, 50a75; cabbage,
bushel, 100a1.25; okra, 2-peck baskets,
IS; peas, 200a2.25; carrots, per 100
punches, 200; beets. per 100 punches,
zoo; asparagus, 1.75a2.50; cauliflower,
2.25: eggplant, ZOO; mushrooms, l.
pound boxes so; corn, 1.25
Evening star., 1932-07-18
Foreign Buying of Securities.

NEW YORK, July 18 P).-Wall
Street has been skeptical of the reports
OF heavy foreign buying of American
securities, but now is more willing to
concede that such buying has taken
place in view of the assertion of foreign
exchange experts that recent weakness
OF several European currencies resulted
from purchase of dollar exchange to
finance the deals. The weakness of
sterling in particular last week was at
tributed to operations of this kind.
Evening star., 1932-07-18
POTATO MARKET.

CHICAGO, July 18 LP Omitted States
Department of Agriculture) Potatoes
Receipts, 174 cars: on track, 397 cars;
total United States shipments, TIC cars
Saturday, Sunday: steady on good
quality; trading moderate; supplies
heavy: Cobblers. Missouri, 70a80; few
fine quality, 85a90; decayed. 50a65;
Kansas, 65a75; decayed 50a55; Illinois,
a few sales, 90; Virginia, barrel, 2.35.
Evening star., 1932-07-18
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, July 18-The follow
ing is today'S summary of important
cooperation news prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press:
Advertising, Printing and Publishing.
Lincoln Printing Co. took no action
on quarterly dividend on preferred
stock; paid 87l2 cents May 2.
Aircraft.
Aviation crporation-Revenue pas
sengers carried by American Airways in
June up 80.4 per cent; six months up
976 per cent; mail carried in June up
1863 per cent; six months up 101 per
cent.
Building, Real Estate and Related Lines.
Alpha Portland Cement-Defcit II
income S546,583
Devoe & Reynolds Co., Inc-Net in
come six months ended May 81, s13,548
VS.. S199,377.
Otis Elevator-Common share earn
ings six months ended June 80, 1892.
l9 cents VS.. Sl.33.
Electrical Equipment a-.d Radio.
Westinghouse Electric g. Manufacture
ing deficit, six months ended June 80
S3,202,l27 VS.. deficit S1,959,341; orders
received in three months ended June
80 totaled $40, ,343,216 VS.. G44,827.759:
six months were $40,731,874 VS.. STA
928l69
Food Products.
Armour g. Co. Illinois)
reported profitable for first time in ~
years as result of appreciated inven-
tory values and greater price stability.
General Baking Co. common share
earnings, 81 weeks ended July 2 SlO9
VS.. sl.46 in 81 weeks ended July 4, 1881.
United Biscuit Co. of America COM
mon share earnings, six months ended
June 80, 81 cents vs.. S1.68.
Investment Trusts.
Graymur Corporation Jiquidating
value, June 80, Sl678 a capital share
VS.. s23.96 December 81, 1881
Leather and Shoes.
Endicott-Johnson Corporation plants
operating at about 95 per cent of
capacity.
Metals (Non-Ferrous).
Mohawk Mining Co. cuts wages 162a
per cent further, effective July l.
Paper and Paper Products.
American Writing Paper deficit, six
months ended June 80, s246,615 VS.. net
income S12,648
Hammermll Paper Co. passed quar-
terly dividend on common stock.
Railroad and Railroad Equipment.
Revenue freight car loadings in week
ended July 9, which includes July 4
holiday. totaled 4l6,9 cars, a drop of
1888 cars under previous week and
345 494 under like 1881 week. according
10 American Railway Association.
Retail Trade.
Montgomery Ward & Co.-Prices in
new Winter catalogue show reductions
OF l8 to 25 per cent, compared with
year ago.
TheaterS, Etc.
Fox Film Corporation-RKO thea
tiers has contracted to take company's
picture output for period OF hve
years.
Utilities.
Associated Gas g. Electric Co-Cur-
rent obligations of system renuced to
about Sl2,000,000 from some S42,000,-
600 as of January /.
Cincinnati Street Railway common
share earnings, six months ended June
80, 81 cents.
Federal Water Service Corporation
Consolidated operating revenue, II
months ended May 81 up l.6 per cent;
net income off 400 per cent.
New England Telephone & Telegraph
Co.-Net loss in number of stations in
first half. totaled 47,946.
New York Telephone Co. net earnings
in first five months off 10.4 per cent;
net loss of instruments for period to-
tailed 10000
Evening star., 1932-07-18
CHICAGO DAIRY MARKET.

CHICAGO, July 18 P.-Butter,
1914 tubs unsettled; creamery, specials
(93 score), 1812a19; extras (92). 10;
extra firsts (90-9D, 17a17Ia; frsts
(88-89), 15a16; seconds (86-8O, 13a14;
standards (90 centralized carlots), l812.
Eggs, 1857 cases, steady; extra first,
Is; fresh graded first, 1412; current re-
ceipts, 12al3.
Evening star., 1932-07-18
TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE

PREY 1892 STOCK
81 ~ Zonite Products (60c) 8 5
Sales Of Stocks New York Exchange
1880 AM....... 100000 1900 100000
1870 P.M....... 100000 2:1O PM. ...... 100000
Dividend rates tables the
" "
unit Of trading less than 100 shares tParty extra Pius
~ Gock Paid this regular rate Payable
stock Payable IN cash stock Plus sc in stock Plus 20
STOCK Fus ii preferred
Psd last regular Flus So in stock Payable
Evening star., 1932-07-18
U. S. TREASURY BALANCE.

BY the Associated Press.
Treasury receipts for July Is were
S4255, ,538.48; expenditures, S20,140,-
34492; balance, s247,757917.22. Gus
toms duties for Is days of July we're
So597, ,691.38.
Evening star., 1932-07-18
Cotton Exchange Seat $4,000.

NEW YORK, July 18 Pl.-A New
York Cotton Exchange membership was
sold today for $4,000, unchanged from
the previous transaction.
Evening star., 1932-07-18
Cleaned In Financial District.

Cleaned In + lHdHcIdi DlouiSt.
Maurice Otterback, president of the
Anacostia Bank, has been in Slbley
Hospital for about 10 days, suffering
with a threatened attack OF pneumonia
He was reported as much improved to-
day and expects to be back at the bank
in a few days.
Charles H. Doing, secretary OF the
District Bankers Association, today an
nounced the appointment OF Miss
Gladys M. Keer as assistant secretary
of the association to succeed Mrs. Grace
Bromley Bailey who resigned follow
ing her recent marriage, and will soon
take up her residence in Alabama. Miss
Keer is a college graduate, has been
connected with the American Forestry
Association and has had considerable
experience with the kind OF work called
for in her new position.
Miss Clara F. McGrath, who has been
acting manager of the District Bankers
Association Credit Bureau, has been
appointed manager of the bureau, Sec
retary Doing also announces. Miss Nc
Grath has been handling the bureau
work most acceptibly for several months:
Richard Hatton. financial editor OF
the Washington Herald. is on his an
nual vacation. Mr.. Hatton is dean OF
Washington's financial editors, Is
graduate of Princeton and has very
wide circle of friends in the District. =.
The RKO Theaters Corporation and
Fox Film Corporation have just en-
tered into an agreement whereby the
formed obtains 5-year franchise en-
bracing 100 per cent. of the Fox pro-
duct in all of the 48 RKO theaters
operating in the greater New York
area.
Total money in circulation on June
80 was S5695,031,7 TIT or at the rate OF
s45.55 per capita on an estimated
population of 125, 5,036,000, against So
479,626.52O or S4385 per capita based
on population of 124,95600O on May
81, the Treasury Department reports.
No Bids for Power Co.
No bids were received at Annapolis
Saturday for the property. franchises
and business of the Annapolis & Ches-
areake Bay Power Co. offered for sale
at public auction by Albert G. Powers.
receiver.
Evening star., 1932-07-18

Cherbourg, France. ranks first among
the ports of Europe in number of
transatlantic passengers embarked and
Evening star., 1932-07-18
Lead Price Reduced.

NEW YORK, July 10 (P).-American
Smelling & Refining Co. today reduced
the price of lead points to 2.65 cents
a pound
Evening star., 1932-07-18

An extensive coal bed has been found
near Cape San Juan, Spanish Guinea.
Evening star., 1932-07-18

SILVER QUOTATIONS.
NEW YORK, July 18 [P).-Bar silver
Iuiet and unchanged at 267s.
Evening star., 1932-07-18
NEW YORK BANK STOCKS

NEW YORK. July 18 (P.-Over-the-
counter market:
Ran
Evening star., 1932-07-18
Credit Situation Reviewed.

Evidences OF a slight decline in Ma
tion-Wide sales and collections conol-
tions stimulated by the usual seasonal
influences, apparently, are noticeable IN
the monthly survey of collection ana
sales conditions compiled by the Ma
tional Association Of Credit Men, from
reports by correspondents in lO9 cities
throughout the country.
Fifty-two per cent OF the correspond
ents reporting noted collections IN ther
narticular areas to be slow and 30 per
cent found sales in the same claSSlhca-
tion. Two cities achieved place on
the honor roll for the month, ootn pc
inp in the Eastern section OF the coun-
trv New York was the only city re-
porting good collections while spring
field, Mass, once again rose TO railh-
ing of good in the sales column:
From Massachusetts the reports as
whole were encouraging with Boston
renorting that national distributors IN
that city are noting an upturn IN saieS
and collections. 1t is felt that business
NAV turn the corner and people are
decidedly optimistic compared with a
few months ago.
The rise in hog prices is expected 10
stimulate conditions in Iowa, Whlle col
lections and sales were stimulated IN
Arkansas by fair prices for an abundant
strawberry crop. S1,250,00O having oeen
received for 1900 carloads.
Evening star., 1932-07-18


The Washington Stock Market opened
the week today with Potomac Electro
power 512 per cent preferred stock SELL
ing in small lots at 103. Washington
Railway & Electric preferred Solo our,
ING the session at 79 on very small
turnover. ooo A.,
In the bond division $1,000 Ana
costa & Potomac Railroad oS came out
at 40, and 81 600 washington Gas Light
5s moved at lOO34. There were no
sales today in Capital Traction STOCK,
the market closing with bid and
asked. the same quotations that pre-
vailed at the close of last week.
Much disappointment is heard IN the
financial district over the failure Oh
the Senate to act on the merger pro,
nosal, before adjournment. Many local
fnanciers believe, that in spite OF severe
opposition in some sources, the merger
bill would have passed the Senate hao
the matter come to vote.
The bill now remains as unTnlSneo
business and may come up for vote
before next March. Passage OF the
merger is considered OF special lmpor-
tance to the holders OF Capital Iractlon
stock. The economies that every
merger makes possible, would naturally
helm Capital Traction. The consonoa-
ton would be certain to turn the STOCK
inward. how far it might go being haro
to say.
Evening star., 1932-07-18
EMPLOYMENT GAIN
IN i. s. FORECAST
Use of Trade Acceptances
on Larger Scale Expected
to Aid Business.
BY EDWARD c. STONE.

An increase in employment through
out the Nation is likely to be one OF
the outstanding results, of the cam
paign now under way by leading bank
ers and industrialiSts to broaden the
use of the trade acceptance in business
transactions, according to E. B. Moran,
executive sales manager OF the Brad
street Co. New York.
Mr.. Moran says that not only Will
the wider use of the trade acceptance
by merchants in the purchase and sale
of merchandise as substitute 1or tneI
open book accounts stimulate employ
ment, but it will bring out important
constructive developments aiming at the
solution of the problems facing the
business of the Nation today. 1hrougn
turning the frozen capital now TIED up
as accounts receivable on the books
of business men into an established
and recognized form of liquid COM
mercial paper, readily dlscountable AT
the merchants bank. millions OF new
dollars will become Immediately avail
able for use in commercial tranSac-
tions.
The movement will undoubtedly
lead to an immediate stimulus 10 pusl-
ness in all parts of the country, SAID
Mr.. Moran The caliber OF the men
promoting the plan 10 IelllI ouuIe 'tte
trade acceptance in domestic CONNER
cial financing assures its success. IL IS
an opportune development OF the pres
ent economic period. A general Nauon-
wide utilization of trade acceptanceS
will unquestionably lead to greater reg
ularity and order in trade financing
and will greatly increase the volume OF
commercial paper of short maturity;
such paper is recognized as an IDEAL
investment for commercial banks and
is eligible for redlscount with the FED
eral Reserve banks.
Both from the commercial anu
banking viewpoint. the trade accept
ance permits broader and wider ex-
tension of credit than any other mstru-
ment of credit. The concerns Whcn
can show the Endorsement OF hlghiy
or well rated corporation with Whom
they transact business, has an lrreslSt-
ible argument for their banker VINO
NAV be inclined to tighten credit lines.
The banker realizes that the paper mas
been placed on a much higher credlt
basis bv the Endorsement OF two or
more solvent concerns, while its engl-
bilitv to rediScount at the Federal Ne
serve banks will prevent the possiplilty
of any bank being loaded up with these
trade hills he added.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-10-14


third meeting in a second auditorium
at Webster Hall, while at least two
thousand more we're turned away
from both halls because they could
not be packed in.
The dinner was held under the
auspices of the Independent Commit
tee for Foster and Ford and was par
ticipated in by the League of Pro-
fessional Groups for Foster and Ford,
which was recently organized by the
sixty distinguished writers and artists
who issued the now-famous state
n1ent supporting the Communist
Party In the election campaign.
Charles Rumford Walker, the writer,
was chairman at Webster Hall, and
Professor Sidney Hook of New York
University presided at Manhattan
Lyceum.
Rehabilitation Of IntellectuaIs
Malcolm Cowley, literary editor of
the New Republic, Matthew Joseph
son, John Hermann, Michael Gold
and Scott Nearing we're among the
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-10-14

speakers.
All the speakers dwelt on the fact
that the leftward movement of the
professional workers revealed that
the overthrow of capitalism was a
cultural problem as well as social
necessity. ut wasn't the depression
that got me-" said Malcolm Cowley.
1T was the boom. 1 saw all my
friends writing the tripe demanded
by the present order. stultified and
corrupted and unable to make real
use of their talents. After that, l
had to discover the reason for this
state of affairs, which comes from
the nature of ruling class which
lives by exploiting everyone else.
Then went through the South and
saw how cleverly the rulers try to
divide white and black workers by
giving the whites trif1e more than
the black share choppers. That taught
me the necessity of unity of white
and black workers and professional
workers under the leadership of the
Communist Party"
Two Momentous Decisions
Two monentous decisions have
been made by intellectuals, said Jo-
seph. 'First they had to resolve they
had. no stake in the present order
The second decision was easier: To
recognize that the fight against CAPT
talism must be mainly fought by the
working class itself under the leader
ship of the Communist Party"
John Hermann had just returned
from the farm strike area in Iowa.
1.-THE only thing which thrilled me
as much as embattled farmers was
the Kharkov Conference OF the Inter
national Union of Revolutionary
Writers, two years ago in the Soviet
Union, when saw what it meant to
live in the free air of a workers
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-10-14
1000 PROFESSIONALS, WRITER'S,
ARTISTS, PLEDGE SUPPORT TO
COMMUNISTS IN ELECTIONS
Malcolm COwey Scott Nearing Matthew JOsephson John Herr
and Michael Gold Speak at Dinner
Stirring Mass Struggles Awaken the nteectua States Brower

country. These farmers are fighting
with revolutionary tactics mass
struggle, and they call for the sup
port of the workers. Just listen to
these farmers for ten minutes, and
you will hear every slogan of the
Communist Party!"
Browder, Patterson Speak for Party
The chief speakers of the Commu-
mist Party we're Earl Browder, rep
Iresenting the Central Committee, and
William L. Patterson, head of the
International Labor Defense and
Communist candidate for Mayor OF
New York. Comrade Browder struck
the common keynote of the evening
This meeting here tonight is a
historical gathering. There has been
no meeting of this kind held in the
history of the country. 1t signifies a
great political change. Whole Sec
tions of our population of consider
able social significance are changing
their political allegiance. Nor is this
gathering important only because OF
the individuals that compose it, We
are not worshippers Of big names.
We are very glad to see that in these
committees we have the very cream
of the intellectual life of this country
and we think this of great political
! Significance. But we also know that
the swinging of this strata of the
Iintellectuals to the Communist Party
has much more profound signifi-
canoe than the adhesion of these in
dividuals. We know this represents
something much deeper. The move
ment among the intellectuals cannot
occur independently, it can only occur
on the basis of the most profound
mass movement taking place below
among the millions of workers and
farmers in this country"
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-10-14

chief Justice C. E. HUGHES
Charles E. Hughes, reactionary head
cf the U. S. Supreme Court and
3ara.ar president of the Bar Asso-
cation
Declaring that today, perhaps as
rsyGr before, our very form of gov
eminent is on trial in the eyes of
nillions of our citizens" heurged that
the laws be SO revised as to assure
sWiiter and more certain conviction
OF workers arrested for militant ac-
tlvities, and moved to deprive such
workers of legal defense by calling
ON the members Of the Bar Associa-
ton TO purge your profession of
men unworthy of its trust" Together
with "simplification" of the law.
Hoover, reversing the traditional
stand of the republican party, came
out staunchly for states rights in
judicial matters thus rushing to the
aid Of the Alabama lynch courts
which are trying to burn the Scots
boro boys in the electric chair.
Hint to Supreme Court
Similar recommendations were
made by Hoover last year in connec-
ton with the Wickersham Commits
sion report. This time. however, he
has timed them with the very mo-
ment when the United States Court
is passing on the Scottsboro case.
= Thereby Hoover gave a broad hint
to the Supreme Court not to inter-
ifere with the states rights" Of the
. Alabama lynchers and to approve the
contemplated murder of the Negro
boys. Coming in the midst of the
election campaign, Hoover's advoc-
acy of states rights is also an eff
fort to swing the southern states
behind the republican. party by show
ing that the republicans are Just as
much in favor of jim laws and
legal lynching as the democrats and
will oppose all efforts to reverse
them
Hoover paid glowing tributes to the
entire judicial system las very cita-
del of the rights OF the poor against
the oppression of rulers the very
judicial system which murdered Sacco
and Vanzetti, which has kept Tom
Mooney rotting in Jail for 16 years.
which is trying to electrocute the
Scottsboro boys
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-10-14
WAGE SLASHING
UNION LEADERS
ENDORSE O'BREN
Ryan, Fresh From Cut
In Longshore Wages,
Heads Delegation

NEW YORK.-Joseph P. Ryan,
President of both the New York
Trades and Labor Council and of the
International Longshormen's Associ-
alton led a committee composed mostly
of printing trades union leaders to
Judge O'Brien Tuesday and laid the
endorsement of the Labor Council at
his feet. O'Brien is Tammany can
didate for mayor.
Ryan is peculiarly suitable as an
emmissary in this matter, as he has
just put over on the longshoremen,
without asking their consent, wage
cut of ten cents an hour. The print
ing trades leaders, both of the press
men, who have made no-strike
agreement for their members, and the
typographical chiefs, who have just
engineered an arbitration" sell-out
for their members, are in good COM
pany with Ryan.
O'Brien, whose first main task will
be to save money for the bankers who
hold the city in debt by cutting wages
and firing city employees wherever
possible, said he was blad to get the
endorsement of these labor leaders.