davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-07-11
BY the Associated Press.

BY the Associated Press
NEW YORK, July 1.-THE cinematic
gilded era for American theaters Is
doomed If Rockefeller Center's Inter-
national Music Hall enjoys influence
comparable to its size.
Gone will be the golden gargoyles and
grand marble columns, the heavenly
ceilings and imitation f1replaces. the
Snowy chandeliers and statuesque ash
trays, anachronistic furniture ana
periodistic ornament.
To Donald Deskey, modern, has been
instrusted the job.
Object of Deskey: Ito make the new
International Music Hall the most ef-
fective example of the theater in good
taste, outstanding in simplicity"
He was awarded the contract last
week. His first move was to commits
sion 81 modern artists to execute paint
Evening star., 1932-07-11
10 PERSONS INJURED,
ONE JAILED IN CRASH
Two Automobiles Collidge on
Kings Highway-Man Faces
Drunk Driving Charge.
Special Dispatch to The Star.

FREDERICKSBURG, Va, July IL
Ten persons are in Mary Washing
ton Hospital here and one in jail as
the result Of collision between two
cars on the Kings highway in King
Georges County last night. The man
under arrest, Thomas j. McNichols, 25.
of 1444 w street, Washington, was said
to be the driver of one car. He was
treated for cuts and bruises at local
hospital before being locked up on
charges of reckless driving and driving
while under the influence of liquor.
McNichols was accompanied by James
Cole, 1867 Meridian place. Washington.
Others injured were Charles E. Stone,
AZ; Mrs. Charles E. Stone, 81; Joseph
Stone, 81; Jane Stone, 18 months. Dora
Stone, years; Charles Stone, jr., 5;
Jean stone, 7; May Stone, 9, and Anna
Bell 9. Anna Bell, who is from Man
aSsas. and was en- route with the Stones
to Ambar, their home, to spend vaca-
ton, suffered broken arm and broken
jaw.
Evening star., 1932-07-11
LLOYD GEORGE FOE
"FPERSH|NG IN 1918
Baker Reveals War Premier
Desired Remove, of U. S.
Comma. Ter.
BY the Associated Press.

BY the Associated Press.
NEW YORK, July 11.-Newton D.
Baker, President Wilson'S Secretary Of
War, has revealed that the then
Premier David Lloyd George of Great
Britain at one time apparently desired
the removal Of Gen. John j. Pershing
as commander in chief of the American
expeditionary force in the World War.
In letter to Col Lloyd c. Griscom,
former naison officer between Gen.
Pershing and the British war Office, Mr..
Baker, wrote that the wartime premier
complained the American Army was
perfectly useless" to the british FORCES
and was on the verge of asking for
Gen. PerShlngS recall
Bakers Reply Praised.
Col. Griscom, now publisher of the
Nassau Daily Star, commented in that
newspaper that Mr.. Lloyd George
failed actually to make this demand
was perhaps due to the spirited and
mastery manner in which Mr.. Baker
met the first onslaught
At the conclusion of dinner in
London in 1918, Mr.. Baker wrote, Mr..
Lloyd George with vehement emphasis
complained that the American Army in
France was of no service to the British
at all in spite of the fact that Great
Britain had stripped necessary empire
services of ships in order to carry
American troops to France, and that
they had scarcely gotten to France be-
fore Gen. Pershing pulled them away
from the British and took them into
his own custody on another part OF
the line.
This description was most earnest
and vehement, resulting in the final
declaration of Lloyd George that SO far
as Great Britain was concerned the
American Army was perfectly useless
and the ship service devoted to bring
them over wasted"
Premier Changes Subject.
Mr.. Baker replied that from his own
observation on the front lines, he was
convinced that the American troops
were at least OBTAINING that many
German divisions which might other
wise be added to the concentration
against the French and British"
He countered with an offer to dis
continue the transportation of Ameri-
can soldiers on British ships and move
only such forces as could be carried on
American vessels. The premier changed
the subject and the matter was not dis
cussed again.
The next morning, Mr.. Baker re-
called, Lord Reading, former viceroy to
India said with diplomatic casual
ness" that Mr.. Lloyd George asked me
to say to you that you should think no
more about the matter which he raised
for discussion last night at dinner"
Evening star., 1932-07-11
RESCUED CUBANS SAIL
Quintet Saved in Smack by Coast
Guard Leave for Home.

CHARLESTON. S. c., July II GP.-
Five Cubans picked up last Tuesday
by Coast Guardsmen after drifting nine
days in their fishing smack, Adelante,
sailed yesterday for Baracoa, Cuba, in
their 52-foot vessel.
The quintet had been without food
four days when picked up off the
Charleston Lightship after having been
blown off the Cuban fishing grounds
by storm.
The Adelante. equipped only with
sails, carried provisions for 30-day
voyage, but Capt. Pedro " c. Cisneroo
said he expected to reach Baracoa in
Is days.
Evening star., 1932-07-11
WILL CHRISTEN PLANE
Maj. Doolittle Plans to Fly Over
Washington Paths.

The 700-horsepower monoplane in
which Maj. James H. Doolittle on July
rs will undertake in one day to cover
virtually all routes Travelled by George
Washington in his lifetime is to be
christened Wednesday at st. Louis, it
was announced here TO-DAY.
The new plane. just completed. has
maximum speed of 230 miles an hour
hour. carrying the pilot and four pas
sengers. The flight on July 26 is in
celebration of Post Office day and is
being arranged as part of the George
washington Bicentennial Celebration.
Evening star., 1932-07-11
Subscribe Today

It costs only about ~ cents
per day and S cents Sundays to
have Washington's best newspa-
per delivered to you regularly
every evening and Sunday morn
ing.
Telephone National 5000 and
the delivery will start Immediate
ly. The Route Agent will collect
at the end Of each month.
Evening star., 1932-07-11
SWEET CORN MENACED
Plant Ma1ady Threatens to Wipe
Out Crop at London, Ontario.

LONDON, Ontario, July II F.-A
plant malady identified as Stewart s
disease" by Ontario Agricultural Col
lege experts, threatens to seriously
damage, If it does not wipe out, the
sweet corn crop in this district.
The dominion and provincial agri-
cultural departments are attempting to
check the malady, which has spread
through many fields in Western On
tario, withering healthy plants almost
overnight.
Evening star., 1932-07-11
Attend Elks' Meeting.

LYNCHBURG, Va, July II (Spe-
ciaD Fred Harper, past exalted grand
ruler; c. Harold Owen and w. p.
Shaner from Lynchburg Lodge of Elks
have gone to Birmingham, Ala, to at
tend the Grand Lodge of that order.
Evening star., 1932-07-11
LIQUOR Fines Total 81, ,034.

LYNCHBURG, Va, July II (Spe-
ciaD Fines for prohibition cases here
during June amounted to $1,034, the
fines for the month aggregating $3.50.
There were 80 drunks, seven less than
were fined in May
Evening star., 1932-07-11
CITY NEWS IN BRIEF.
TODAY.

Lawn fete. Trinity Lodge, No. s.,
Order of Shepherds of Bethlehem,
Tenth and Franklin streets northeast,
Z pm.
Meeting, Abraham Lincoln Circle No.
3, Ladies G. A. R., Willard Hotel, pm.
Card party, st. Martha's Guild, 60 M
street northeast, 8 pm.
The Washington times., 1932-07-18
Births, Deaths, Marriages
MARION DORIAN

Funeral services for Marion
Dorian, IA, retired treasurer of
the Columbia Photograph Com
pany, who died yesterday at his
home, 1924 Meridian Pl. N. W.,
will be conducted at the residence
tomorrow at 2 p. m. Burial will
be in Glenwood Cemetery.
Mr.. Dorian, a native of Wash
ington, studied law at Columbia
Law School. After practicing law
for some years, he entered the Co
lumbia Photograph Company. He
spent 10 years in Europe for the
company and then was trans
ferred to the New York office as
auditor. Following that he was
appointed treasurer and retired
about IL years ago.
Mr.. Dorian was member Of
the washington bar, and was a
rast master of Federal Lodge No.
/, F.. A. A. M. Surviving are his
widow, Mrs. Louise Dorian, and a
son, Otis Dorian, both OF this
city,
The Washington times., 1932-07-18
U,S,BONDS TAKE
SHARP JUMP

NEW YORK, July 18 0NSD
Strength in the U. S. Government
issues on final passage of the
Glass bill, extending national bank
note circulation privilege to all
United States Government securl-
ties carrying a coupon of 33s per
cent or less, was the outstanding
feature in early trading on the
bond market today.
The Treasury obligations eligi-
BILE under these provisions Spurted
sharply, with the Treasury IS up
more than a full point at 94.16;
the Treasury 33ss of 40 up 1892
at 1924. and the 33ss of Al up
27-32 at 99.7. The Liberties were
slightly higher on the average.
Weakness in German govern
ment loans was an unSettllng
factor in the foreign list. The
German 512's dipped IA points,
to 4312, while the rs were off "a,
at 691a. United Kingdom 5As,
off 1s, at 1O4; French 7l2s un-
changed, at 118; and Belgium IS
off u, at 93A.
The rail group held narrowly,
while utility and domestic cor
poration issues tended to hold a
fraction or so away from last
weeks closing levels.
The Washington times., 1932-07-18
DEATHS

Debbie J. Mead. 90 years. Home for
Tncurables
Annie Elizabeth Mills. rs years, 1857
Fairmont St. N w.
Frank J. Buckley. 50 years, 1919 @
st. n. w.
Johanna Yeager, SO years. 1915 1lli-
nois Ave. n. W.
AdoIph Hess. 5S years, sibIey Hos
pital.
Harry N. Blair. SO years, U. S.
Veterans Hospital
Edward o. Kemp. "a years, Potomac
ttiver, foot Eighth Street
Nicholas Henry Auth. 2S years. 62Ol
Thirty-eighth st. n. W.
Bessie Sheffield, IS years. S19 Lin
worth Pl. S. w.
William B. Lacey, 1S years. 2Sl4
North Capitol st.
Anna Allen, 70 years, st. Elizabeths
Hospital.
Moses Atkinson. 65 years. Freedmen's
Hospital.
Elizabeth Bombry, 81 years. 500 Sec
ond st. s. w.
John w. White, ST years. 746 Ninth
St. N. w.
Jesse H. Foster, 53 years, 1900 Ala
bama Ave. S. f.
Hannah Waters. 80 years. GallinseI
Hospital.
Mary Jackson. % years, Freedmen's
Joseph Myers. II years, Potomac
River.
Leroy Hinton. I months, childrens
Infant of Thomas and Nannie Trice.
30 minutes. AIS d st. :. r.
The Washington times., 1932-07-18
Monday Musings

Those 10 p. m. news flashes
over WRC might be popped up
a little more. Why not get a
newspaperman, with a bit of ex-
citement in his voice, to do the
work?. AS it is the announcer
reads the bulletins in lack
adaisical manner. For him it's
just another spot" The Ha-
waiian Melody Boys believe they
have set up some kind of a rec
ord. They have been on WMAL
for more than five years. .Vir-
ginia Rea, who bowed last Fri
day over Paul Whiteman's COM
mercial, is also known as Olive
Palmer, but her real tag is Vir-
ginia Murphy. Arthur Tracy
tells this department he likes the
Capital so we'll he would like
to buy a chateau or something in
Washington. Realtors please
note!
The Washington times., 1932-07-18
FAMILY INCOME
INSURANCE IS
EXPLAINED
By FRANK F. LOOMS

There ere a great many new
forms of life insurance policies
being issued by the various COM
panies to meet specific needs
which the ordinary contract does
not do. Some are called family
income, others the retirement
income, and others deferred an
nuity, but what buyer wants
to know about contracts is what
he gets for his money.
The family income contract
has been worked out on unique
plan to guarantee the family
security while the children are
growing up and provide for the
widow when they are reared.
Such a contract, for $25, GOO, pays
as follows:
How 1t Works Out
In case of death $3.50 a month
is paid to the beneficiary for a
period of 20 years from date of
issue of the policy. In other
words, if the insured died at the
end of five years, $4,000 a year,
or $3.50 a month, would be paid
to the wife or beneficiary tor
the following Is years. If she
did not live Is years to draw the
money, the balance would be paid
to her children or heirs.
In addition to this income, at
the end of the 20-year period,
20 years from the date of the
policy, an additional sum of
$25, 1000 cash is paid. Therefore,
if a man died five years after
he had purchased the contract,
his wife and children would re-
ceive $3.50 a month for IS years,
a total sum of $45,000, and at
the end of the income period
would receive a cash sum Of
$4,000, making total payments
received of $4,000.
The contract would also par
ticipate in the dividend earnings
of the company, and judging
from. past experiences, the divi-
dends would amount to about
$4,000. The policy also carries
cash and loan values in case of
emergencies. The cost of carry,
ing such a contract, for a man
at 40, would be about $17.85 a
week, or a total of about $928.20
a year.
Even Better Returns
The above illustration shows
the returns from such a policy
in the event the insured died
five years after date of purchase.
A claim reported recently by one
life insurance company shows a
return of better than IS to l.
To men who wish their fam.
lilies to be maintained on the
same basis after their death as
before, and who want their chill,
dren to have every advantage,
the family income policy has a
strong appeal. 1t does something
no other investment can do
allows man with a family to
create a large estate without a
large amount of capital, and give
his family at its most critical
period double the income he
could give them on any other
plan of insurance.
The Washington times., 1932-07-18
BIRTHS

Sylvester and Barbara WOrsley. boy.
Henry p and Agnes Tyler. boy.
Austin F.. and Ethel Gummell, boy.
Pope r. and Naomi Payne, boy.
William B. and Louise Fletcher boy
NJ and Helen Bradley. girl.
Frederick H. and Mary Koss. girl.
Louis A. and Margurite Gebhard, girl.
William j. and Dorothy Hughes, jr.,
girl.
Lewis T. and Florence Benson. girl
Myrtle c. and Shirley Loomis, jr.,
girl.
Willie A. and ElwiIler Davis. girl.
Allen and Fayette Hobbs, boy.
Everett and Dorothy Abdil. girl.
Warren w. and Katherine Shoemaker,
boy.
The Washington times., 1932-07-18
The Big Train

Stanley Bell pulled a fast one
on the unofficial WMAL barber
the other day. After Radio Joe's
program in which Walter John
sol and Joe Judge took part, the
famous manager of the Grifts re-
marked that he needed a shave.
Stanley sent him up the street
to his favorite barber. After the
shave, the barber remarked:
"Say, do you know, you look
just like Walter Johnson"
Johnson smiled. Yeah, but
old Johnson is pretty well worn
our now"
Il guess you're right" the
barber replied. "He isn't what
he used to be-"
When Stanley told the barber
who he had shaved the next day
was his face red?
The Washington times., 1932-07-18
RANCE Of CURB
PRICES SMALL

NEW YORK, July 18 G.N.SD .
The curb market moved along on
fairly even keel for the greater
part of today'S session, with un-
certainty on the part of op-
posing speculative factions main
tanning quotations of most of tre
active issues within a limited
area.
In the utility division price
changes in Electric Bond and
Share, American Gas and Elec-
trio, Consolidated Gas of Balti-
more and Niagara Hudson Power
were held to small fractions.
More pronounced changes, how
ever, developed in several senior
issues, with National Power and
Light 6 per cent preferred push
ing ahead points to so, and
Electric Bond and Share 6 per
cent preferred showing a gain of
11s points at %.
Specialties were mixed, with a
gain of "a in Aluminium to 1854,
offset by a decline of IA points
in Singer Manufacturing to 81A,
and loss Of a point in Swift
International to 1914. There was
little doing in the oil group. In
vestment trusts were irregular.
Profit-taking was the order of
the day in those utility obliga-
tions which had shown up
strongly in the past week or so.
Public Service subsidiaries, for
example, fell back 112 points to
55l2, New York Etate Electric
and Gas AIS we're off ia points
at rs, and Electric Power and
Light IS were down point
at 36.
The Washington times., 1932-07-18
CHARLES w. RADLEY

Charles w. Radley, employe in
the Government Printing Office
for 40 years, died yesterday at
his home in Morganville, N. Y,
following a weeks illness with
heart trouble. He had lived in
Morganville since his retirement
last year.
He was q member of the Co.
lumbia Typographical Union and
Joppa Lodge. No. 35, F.. A. A. M.
Surviving are his widow, Mrs,
Florence A. Radley, of Morgan
vile, a son, Gerald S. Radley,
and a daughter. Mrs. Ralph Free
man, both of this city.
The Washington times., 1932-07-18
7sO K'Iocyc'e' WBAL
2S4 Meters

3:45-Harry Kogen's Orchestra.
4:15-Jingle Joe.
4:3O-The Singing Lady.
4:45-Little orphan Annie.
5:OO-Graham Princes Orches-
5:45-Lowell Thomas.
6:OO-Amos n Andy.
6:15-Vocal Trio.
6:3O-The Stebbins Boys.
6:45-Billy Jones and Ernie
Hare.
7:OO-Gene Arnold, n ar rator;
Male Quartet.
7:3O-Death Valley Days.
S:OO-MinStrel Show.
8:SO-Jack Benny, George Olsen
and his music, with Ethel
Shutta, soloiSt.
9:OO-Country Doctor with Phil
lips H. Lord.
9:15-WhiSpering Jack Smith.
9:3O-Love Songs and Dances.
9:45-Mary Roberts Rinehart's
dramatic series.
1O:OO-McCravy Brothers.
1O'15-Summer Symphony.
11:OO-Piano Moods.
11:15-Carl Moore's Orchestra.
The Washington times., 1932-07-18
WILMER b. sIMMERMAN

The funeral for Wilmer B. Sim
norman, 76, former employe CT
the Patent office, who died yes
terday at the Washington SAM
tarium, Takoma Park, Md, will
be conducted tomorrow afternoon
at 2:3O o'clock from the residence.
He will be buried in Glenwood
Cemetery under the auspices Of
Lebanon Lodge No. 7 and Lafay-
cite Chapter, F. A. A. NJ, of which
he was a member.
Mr.. Simmerman had lived in
Washington for about 40 years.
He was born in Vineland, N. J.
Surviving are his widow, Mrs. Jen-
ME M. Simmerman; a daughter,
Mrs. Norman j. Cunningham. and
two grandchildren.
The Washington times., 1932-07-18
TODAY'S PROGRAM
$50 KiIOcycles WRC srs Meters

''O N"0''''eS WRC ''0 "e'erS
2:3O-Woman's Review.
3:0O-"Pop" Concert.
3:3O-Tommie Watkins Orches-
ira.
3:45-The Lady Next Door.
4:OO-Edith Wallack.
4:15-Whiteman's Rhythm Boys.
4:3O-Swanee Serenaders.
5:OO-Dance Orchestra.
5:3O-Drifting and Dreaming.
5:45-The Happy Laundrymen.
6:OO-Amos n Andy.
6:15-The Merry Dairymen.
6:30=Lanny Ross.
6:45-The GoldbergS.
7:OO-"Filing of Personal Tax
Returns"
7:1O-String Quartet.
7:3O-Richard Crooks.
8:OO-Harry Horlick with Frank
Parker.
S:SO-Parade of the States
Maine.
9:OO-Boxing bout between Jack
Berg and Kid Chocolate"
9:30-"Do You Remember"
9:45-Correct Time.
9:46-"Do You Remember"
10: News.
1O:O2-NB.C. Program.
Review.
1O:3O-Whiteman's Chiettalns.
lO:45-Cotton Club Orchestra.
l1:OO-Terrace Gardens Orchestra.
11:3O-Weather Forecast.
1:3I-Dance Orchestra.
12:OO-Leo VOLTS Orchestra.
12:3O-Terrace Gardens OrcheS-
ira.
The Washington times., 1932-07-18
ACCEPTANCES QUIET

NEW YORK. July IS S).-Can
money was renewed today at per
cent on the big board and 2h per cent
on the curb.
Commercial paper was unchanged at
"a per cent for prime names and
2% per cent for less known names
Time money was unchanged at Ia
per cent for all maturities.
The bankers acCeptanCes market was
quiet with demand and supply poor.
Asking rates were unchanged at three
fourths of 1 per cent for 80. 60 and
90 days seven-eights Of / per cent for
100 days, and lis per cent for $50
and $50 days.
The Washington times., 1932-07-18
LITTLE COPPER BUYING

NEW YORK, July IS u.NSO.-Cop-
per buying was small here and abroad
today.
Electrolytic for domestic shipment was
5A C a pound delivered to the end of
1882. European destinations were Az
to SC pound elf. Hamburg. Havre and
London. with Japanese copper 1T the
lower basis and Independents at the
upper. Copper Exporters, Inc. held at
$500 a oound.
Lead buying was small, with the price
slightly easier at 2.65C r pound New
York and 2.55c St Louis. down from
go and 2.6Oc. respectively.
Zinc buying was small, with the price
for prime western unchanged at 2.S0c a
pound East st. Louisg
The Washington times., 1932-07-18
BALTIMORE PRODUCE

Live Poultry-Chickens. old. heavy.
16@16c per H.. medium. 12D14c leg
horns and other light stock. l0@l2C:
ROSTERS 61Sc: chickens, young col
ored as to size 'lG6 23c' leghorns. as
to size, 12616c: ducks, Young. white
pekins, 1 pounds and over. lom m14c:
muscovy. pounds and over 12m lac {:
puddle pounds and over 1O@l2c
Egg market continues dull at un-
changed nrices. Butter CREAM ary. %
score, 1917 %0C: 90 score 1S6l9c: IS
score 17m1Sc: 81 score. 16617c: "aCk-
ing stocks, S61Oc: Maryland and Penn
sylvania, rolls. 129l4c.
The Washington times., 1932-07-18
In MemOriam

DUNTON, DWIGHT COLEMAN-In sad
and loving remembrance of our dearly
beloved baby. DWIGHT COLEMAN DUN
TON who departed this life one year ago
today, July 1S. 1881.
Those little lips. so sweet to kiss,
Are closed forever now.
Those sparkling eyes that shone so bright
Beneath that pearly brow.
That little heart that beat so high,
Free from all care and gloom.
Are hidden now from those he loved
Beneath the silent tomb
His loving mother and father. MR..
AND MRS JAMES NJ. DUNTOE. and
grandparents. MR.. AND MRS. P. g.
WILLIS.
The Washington times., 1932-07-18
Building This Year
tSZun1DS rs Per Cent

NEW YORK, July 18 G.N.S0.
Building contracts awarded in
the metropolitan area during the
first half of 1882 declined rs
per cent from the 1881 total, fig
ureS issued by the F. w. Dodge
Corporation today indicated. The
total this year was $100,359, 400,
against $39,803,4 400 in the first
half of 1881.
In 81 States east of the Rocky
Mountains, construction was
$667, ,079,700 for the first six
months against 1892, 94,700 for
last year.
The Washington times., 1932-07-18

5:OO-Reis and Dunn.
5:15-Science News Of the Week
5:3O-Skippy.
5:45-NewS Flashes.
6:OO-Time and Program Re,
sumo.
6:Ol-Tito GuiZar.
6:15-The Round Towners.
6:3O-Noble Sissle's Orchestra.
6:45-Bing Crosby.
7:OO-To Be Announced.
7:15-Singin' Sam.
7:3O-Kate Smith.
7:45-The Gloom Chasers.
8:OO-Manhattan SerenaderS.
8:15-Mills Brothers.
8:3O-Howard Lanin's Orchestra.
8:5O-Modern Male Chorus.
9:OO-MuSic That Satisfies.
9:15-The Surprise Package.
9:3O-G Lombardo's Royal
Canadians.
1O:OO-CharleS Carlile.
1O:15-Martin's Bossert Orches-
ira.
1O:3O-Howard Barlow's Orches-
ira.
11:OO-ReStaurant Orchestra.
11:3O-Joe Reichman's Orchestra.
12:O0-Weather Report.
The Washington times., 1932-07-18
Here and There
in the Realm Of
Broadcastins
By STANLEY BIGELOW

When this column announced
Saturday the inside dope that
Ben Bernie's sponsors would fade
from Columbia in the next fort,
night, it was the understanding
that the Old Maestro would no
longer ballyhoo the merits Of the
mosta of the besta malta.
However, later information
makes it clear that while Bernie
and his musickers will be off the
The Washington times., 1932-07-18
MORE BANKS CLOSED

Bank suspensions for the week
ended July ID showed an in
crease of eight over the previous
week. Thirty-five banks with de-
posits estimated at $4,000, 900
closed their doors. Three previ-
ously suspended institutions re-
opened.
The Washington times., 1932-07-18
CLOUDY MARKET
AHEAD, SAYS
SPECTATOR
BY WALL STREET SPECTATOR

BY WALL STREET SPECTATOR
NEW YORK. July 18 uN.SD
The market starts the new week
with the outlook decidedly
clouded.
1t has the adjournment of Con-
greSs in it's favor, but against
that it face a wheat market
with prices at record low levels,
July selling down 45s cents a
buShel.
Any Rally ShOrt-Lived
Even if there is a rally on Con.
greSS adjourning it is very likely
to be short-lived, for it is sure
to meet an increasing amount of
stock on the slightest of rises in
addition to shorts who are al
ways ready to sell when they
think the market has gone too
far.
In addition, the list faces such
important dividend meetings as
Consolidated Gas on July 26,
United States Steel on July %,
General Motors August 3, Dupont
August Is, and American Tele-
phone on August IT.
Bonds still are the thing to
look at and will be for some time
yet.
NfOney Is Waiting
The action of the market last
week and it's demonstration that
it can absorb large issues of new
offerings if it thinks they are
good indicates that money is
there, waiting for the chance to
emerge when it thinks it is safe.
Reports that the Interstate
c o m m cree Commission would
make some announcement of the
four-party plan has brought some
buying into the rails and accounts
for their strength. But after the
announcement-have the railroads
the funds to carry out the plans
outlined by the commission.