davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-04-10
GAIN IN AUTOMOTIVE
EXPORTS is REPORTED
BY the Associated Press.


February's exports of automotive
products, as reported by the Commerce
Department. totaled S6,039, ,S07. repre-
senting gain of IL per cent over the
previous month.
The value of passenger-car shipments
during the period registered gain of
9.S per cent while truck exports showed
loss Of l6 per cent, as compared with
the preceding month. Passenger-car
shipments were higher in each price
group with the exception of the class
"over $4,000: all of the truck groups
we're lower in number of units shipped,
although class "over 21e tons had a
higher valuation. Average passenger
car and truck valuation for the month
was s54l and $443, respectively.
Belgium and Japan again headed the
lists as our leading markets. The out
standing feature OF the months trade,
however. was the reappearance of Aus
tralia among the chief purchasers Of
passenger cars, with asa purchases, as
against only the previous month and
none during the same month Of last
year.
Imports Of automotive products were
valued ct sssRaz during the month.
Evening star., 1932-04-10
CHICAGO LIVE STOCK MARKET

CHICAGO, April 9 Up UNITED States
Department of Agriculture) Cattle
Receipts, 400 head: compared week ago.
fed steers and long yearlings, strong to
Is higher all grades light offerings
and common and medium grade
weighty steers up most; light heifer
and mixed yearlings, also butcher
heifers, 25a50; largely so higher; fat
COWS and cutters, strong: bulls about
steady; vealers, after seeking new low,
closed about in line with week earlier:
largely steer run; lower grades pre-
dominated bulk selling at 5.25a7 SO:
not much to killers under 500; ex-
treme top Weighty steers. $40; long
yearlings, 8.35; light yearling steers.
IT'S; heifer yearlings, 7.25: feeder
trade slow, narrow. steady; bulk thin
offerings, 4.50a550; best yearlings
around 600
Sheep-Receipts. 1900 head; todays
market nominal; for week ending Fri
day, sc doubles from feeding stations.
1880 direct; old crop lambs, steady to
25 and more lower; decline largely on
unfinished kinds; other classes weak.
with lower tendency. Closing bulks fol-
low: Better grade wooled lambs. 6.75a
T25 around 97-pound weights stopping
at TOO; weeks top, IT'S; desirable clip
perS, 6.25a6.50; few, 6.75; unfinished
woolskins, 600a640 to killers; throw
outs, 5.00a5.5o fat ewes, 3.50a4 100;
heavyweights, 300a350; native Spring
lambs went to 900; feeding lambs, SIS
a625
Hogs-Reeeipts. 5000 head, including
5000 direct; steady; l40-210 pounds,
425a4.40; top, 4.45 paid sparingly; 220-
$50 pounds, 4.05a4.30; 1908 pounds,
3.70a4.00; few pigs, 3.85a425; packing
sows quotable steady; compared week
ago. 1oa20 lower; shippers took 1000
head; estimated holdovers, 1000 head;
light lights, good and choice, 140-160
pounds, 4-25a4.45: light weights 16o-
200 pounds, 4.30a4.45; medium weights,
200-250 pounds, 405a445: heavy
weights, 250-350 pounds, 360a4. Is;
packing sows, medium and good, 275-
500 pounds. 310a350: pigs, good and
choice, l00-130 pounds, 385a425.
Evening star., 1932-04-10

ducks are neglected at IL to IA. Sea-
son for capons pretty well over, but
demand continues good for heavy, tat
birds under light receipts and the mar
ket holds firm at 26 to 80 for birds
Weighing pounds and over, with small
ler and slips selling mostly "A and 25.
Guinea fowl and pigeons hold steady at
80 to IS each for the former but
pigeons show a decline at 20 TO 25 q
pair for both young and old.
Market for old potatoes continues
dull under liberal receipts from all sec
tions and slow demand at IS to 90 per
100 pounds, but only well graded No. l
stock will bring the prices. as ungraded
and No. 2 stock are not wanted at any
price. Vans in more liberal receipt,
with market showing a decline, and will
not bring any more than sweet po-
tstoes, which are selling at 90 TO l.25
a barrel, with ungraded, mixed stock
hard to move at so to rs.
Native and nearby garden truck in
moderate receipt, and market holds
steady on all lines at the following quo
tations:
Kale, 80 to 40 bushel; onions, 500
and 500 per 100 pounds; Spring onions,
rs to 90 hundred; oyster plants, 600
to 800 hundred, and spinach, rs to 80
bushel
Evening star., 1932-04-10
POTATO MARKET.

CHICAGO, April (P UNITED
States Department of Agriculture -
Potatoes, receipts, SO cars; on track,
l99; total U. S. shipments, 1872; old
stock. about steady, supplies moderate,
trading only fair; sacked per hundred
weight. Wisconsin round whites, No. /,
80s95; fancy, higher; Minnesota, North
Dakota Red River Ohios, U. s., No. /,
mostly lilo; Irish cobblers, U. S., No.
/. 9oa95; Idaho russets. No. l, 13oa1 IS;
new stock. firm. supplies light: Texas
Bliss Triumphs, U. s. No. /, medium to
large, 800; small to medium, 500.
Evening star., 1932-04-10
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, April 9.-The following
Is today's summary of important cor
poration news, prepared by Standard
Statistics Co., Inc, New York, fors the
Associated Press:
News Trend.
Although general industrial condi-
tions showed little improvement, the
weekly mercantile reviews report that
warmer weather stimulated buying in
some lines. Active interest is being
shown in the new displays of low priced
automobiles, and in some places active
sales are being reported, but it is too
early to tell the extent of the actual
demand. Silk manufacturers are pro-
ceeding very cautiously. owing to the
delayed Spring trade. and many large
plants are operating as low as 80 per
cent of capacity. Wool goods produc-
tion awaits the better movement of
A1ade-up merchandise and the advent
OF Fall business.
The Companies.
Briggs ufacturing-Received siz-
able orders for sport type bodies; plants
operating at best rate since Summer of
1881
Collins & Aikman Corporation-S7
Z
February 81, 1892. Sl658. vs. SIPS in
year ended February %. 1881.
Edison Bros. Stores takes no action
on preferred dividend; paid Sl.75 De-
cember Is, 1881
Federal Bake Shops passed quarterly
dividend on preferred stock; paid SITS
January l, 1882.
Hartman Corporation 1881 deficit,
S2O76, ,266. VS.. deficit sl868,544.
Hudson Motor Car-Not planning any
price reductions.
Humble Oil e. Refning-To pay on
basis Of fiat price of 83 cents a barrel
xor East Texas crude.
Utail Copper 1881 common share
earnings, SIPS. VS.. S547.
Ward Baking preferred share earn
ings, l3 weeks to March 26. 1882, so
cents; earned II cents in II weeks to
March Il. 1881.
Budd Wheel Co.-April production
schedule largest of any month since
October, 1881.
Radio Corporation of America-An-
swer of company to Government
amended antitrust suit denies mo-
nopoly charge and asserts competition
Is unrestrained states patent cross
licensing agreements were submitted tc
Department of Justice before execution
Norands Mines, Ltd.-Earnings fol
initial quarter of 1882 estimated a.
100000 after write-offs and taxes
board TO consider dividend action latel
in year; copper output sold ahead Il
end of June; concentrator and crushel
capacity TO be doubled.
Packard Motor Car-March ship
anents, 2,l45 cars, about the same a.
February.
Peerless Motor Car declares cash dis
tribution of So
Central Vermont Public Service 1893
S6 preferred share earnings, Sl1.60
earned S20.34 in Is months TO Decem
her 81, 1890.
Grand Union Co. store sales, l3 week.
ended April 2, off liza per cent.
National Breweries, Ltd, 1881 com
s&pop share eaEnAlgs, $l.7S. vs. s2.A,
Evening star., 1932-04-10
Important Changes.
Most important price changes in the
McGill weekly commodity price tndices
lQ9R-1nn
Dividend Changes.

NEW YORK. April s.-Thers we're 80
dividend emissions in the week lust
ending, which with 20 decreases made
a total Of 66 unfsvorable changes, com
pared with 81 in the previous week.
according to compilation by the
Standard Statistics Co. Favorable
changes numbered seven, the same as
the week before.
Evening star., 1932-04-10
Engineering Awards.

NEW YORK, April 9 O4O.-Heavy en-
cheering contract awards in the United
States for the first week of April were
valued at s16,6o7 900. according to the
Engineering News-Record. This com
pares with an average weekly valuation
of si7, all ,00o fer March. 1881, and seS,-
aei 900 fer April, -le3ts. -.
Evening star., 1932-04-10
What Things Cost
STANDARD Statistics Co.

standard Statistics Co, New York;
NEW YORK, April 9 LP,.-Of the 26
important commodities in the following
table are higher in price than last
week, IS are lower and 6 remain nm
changed. Three of the IS are at their
high for 1882 while IL are at their low
Evening star., 1932-04-10
Live Stock Market.

The live cattle market on the wharves
continues quiet and easy and shows
little change from last week. Receipts
fair, but mostly OF common under
grades, which are hard TO move. Quo
tations today at Light Street Wharf:
Beef cattle, first quality, pound, 6 10
I; common to medium. 8 to 5. Bulls,
as to quality, az to 4. Cows. choice to
fancy, ( to s; common to fair, to s.
Oxen, as to quality 81 to 4. Calves
veal. cheiee, 6; large. fat, to 5l2;
large, rough, Al to 5; common, thin,
Q to .. sheep, III to ). Fall lambs
choice. to Q; fair to good, 4 to 6.
Spring lambs, 8 TO TO- Hogs, straight,
4Ia to S. Sovs, 3ia to l. Stays, 2ia to
3. Live pigs, 10 to IL. Shoats, 8 TO 10.
Closing grain quotations: Wheat
No. red, Winter, garlicky. spot. domes-
tic. 5e12; April delivery, 56ie; May de-
livery, 575k.
Corn-No. 2, yellow. domestic, spot,
44a45 cob corn, 400 per barrel
Oats-No. 2, white, domestic, spot,
33a34; No. .. white, domestic. spot,
Rse-Nserhy. bag lots. 4os4s.
Evening star., 1932-04-10
QUITS SUGAR POSTS.

NEW YORK, April Especially -
Col. John r. Simpson, president Of
Cuban Cane Products Co. Inc. and of
Eastern Cuba Sugar Corporation. has
resigned both offices, effective April Is.
Evening star., 1932-04-10
EARNINGS REPORTED,

NEW YORK, April 9 (P).-Per share
earnings Of corporations reporting in
the past week, with comparisons to q
year aHO.
Evening star., 1932-04-10
SILVER QUOTATIONS.

NEW YORK, April 9, Silver fu.
lures closed steady; sales, s2s, 900
Evening star., 1932-04-10
Poultry Prices.

The live poultry market continues
steady to firm on all lines, especially
old hens, which are in better demand
for the Jewish trade, ana prices on
large, fat fowl show an advance Of 2
to 4 cents a pound over last week with
values on other lines holding firm Ac-
tive season for turkeys about over, but
some demand noted for medium-sized
hen turkeys, 8 pounds and over. at 80
cents pound, and young gobblers, IL
to Is pounds, 23 to 25, but old hens and
toms and large gobblers move slow at
20, with crooked breasts generally ne
elected at Is TO 1s. Young broiling
chickens scarce and all desirable stock
to 2i2 pounds, clean up readily at "a
and 25, with other large. fat, youns
chickens bringing % and "a; but Leg
horns not so desirable at 81 to %. Old
hens, in light receipt, and large, fat.
smooth fowl, pounds and over, meet
with ready sale at ID to 20. but smaller
stock as well as Leghorns move slow at
16 to 10 and all poor, thin. light fowl
AS well as old roosters, neglected at 10
to 10. Market for ducks holds steady
At 10 to ~, but must weigh IA and
over to bring these prices, 40 poor, thin
Evening star., 1932-04-10
Baltimore Markets
Special Dispatch TO The Star.

Special Dispatch TO The Star
BALTIMORE, Nd, April e-The egg
market continues to decline and reached
the lowest level in many years when
the market closed today at 1912 cents
a dozen for current receipts. This COM
pares with 90 cents a dozen at the same
time last year, 25 cents dozen in 1890
and "a cents a dozen in 1929. While
receipts have been liberal the past week
and more than ample for censumptive
sales. storage buyers have entered the
market and the movement will gradu-
ally become more active from now on.
Offerings and sales on the exchange
continue light, fresh laid stock finding
ready buyers, but offerings of doubtful
quality are hard to move. Market for
duck eggs also shows a decline of 2
cents a dozen, receipts being fair and
the active season practically over. Too
many shippers are holding their eggs
which become stale, and will not bring
top prices Of 16 cents a dozen, but have
to be sold at the lower values of IL
cents for all kinds of small and dirty
eggs.
Evening star., 1932-04-10

Dividend rates as given the above
on
'Ex-6ivloend Unit o. trading than 100
sPayab'. in cash h IN
stock Plus 81 in special preferred
a Paid last year-no regular Plus
71sTs
Evening star., 1932-05-14
PAY ROLL INDEX DECREASES
WITH GAIN IN UNEMPLOYMENT
Urgent Demands for Relief Caused by
Growth in Number of Idle Workers
Throug hout the Country.

period. Another analysis indicates that
factory employment in March absorbed
the smallest number of workers for the
period and that there was. and has
been for many months, a greater de-
crease in the amount of pay rolls than
in employment This indicates that
wage cutting has been increasing and
that average earnings per worker are
steadily decreasing.
compared with wages paid at the
peak in September. 1929. those for last
March show total reduction of about
So per cent. OF this about 80 per cent
represents loss through unemployment
and 81 per cent from smaller wages and
part-time work. In some industries re-
auctions in pay rolls have been as high
as 40 to so per cent. In such instances
factories are not only running on part
time, but with a comparatively small
complement of workers, whose average
weekly wage is approximately Is per
cent lower than in 1929
Compared with the high level of 1929
the March, 1882. pay roll index repre-
sentS a drop of 54 per cent. This, oc-
curing within period of two and one
half years, is the most drastic revision
in the history Of the country when re-
ouceo TO terms OF purchasing power,
Ior II involves many more individual Is
and families than ever before. The eff
fects of it are to be found in conditions
all over the United States which are
now compelling extraordinary efforts
Tor direct relief to suffering commuut-
ties or for the stimulation of enter
prises that need capital in order to
build up their productive powers and
reabsorb workers.
Copyright. 1927
Evening star., 1932-05-14
BY CHARLES F. SPEARE.

Special Dispatch to The Star
NEW YORK, May 14-The urgent
demand for relief for the unemployed,
whether extended in the form of loans
to States or communities that have eX-
hausted their relief funds or in the ma
ture OF advances by the Reconstruction
finance Corporation to enterprises of a
productive character, follows evidence
that has been accumulating from month
to month as to the seriousness of con-
ditionS among workers in industrial and
agricultural districts.
1t Is estimated there are now 8000,-
600 unemployed in the United States.
1t had been expected that the figure
would be reduced this Spring through
seasonal occupations Instead, the
noatlng supply Of persons out of work
has increased. The charts of unem-
ployment follow closely the lines of the
various lndiceS of business. In the for
mer there has been an almost unbroken
series OF declines since September 1929,
until today the average of employment
Is about 35 per cent lower than in the
period just before the stock market col
I4pSed. The regular business charts
snow drop of about 35 per cent from
the end OF 1929 to the beginning of the
second week of May and an even
greater one from the Autumn of 1929.
The Department of LaborS summary
on the trend of employment for the
first quarter of 1892 shows that. based
on 80 industries, employment in March
was 64.5 per cent of what NAV be re-
garded as normal, and that while little
change had occurred since last October.
tllS was the lowest of the depression
Evening star., 1932-05-14
VALIDITY OF ELECTION
QUESTIONED IN COURT
BY the Associated Press.

BY the Associated Press.
WILMINGTON, Del, May IA
Validity Of the election of eight directors
and three officers of Consolidated
Coppermines Corporation of New York
was questioned in a suit filed in Chan
Gerry Court today by Paul A. Cow CT
Butte, Mont, owner of 5000 shares of
the corporations stock.
The bill of complaint states that at
the annual meeting of the corporation,
which recessed several times in the last
three weeks. successors to three directors
whose terms expire were to be elected.
Cow states a faction of stockholders
headed by Ray w. Higgins of Duluth.
Mimi, nominated Higgins, Joseph B.
Cotton and Thomas Bardon. while a
faction headed by Howard D. Smith,
who has been president of the company
for 10 years, nominated Carleton E.
Merritt, William B. Cravath and A.
McC. WaShburn. The annual meeting
was held in New York.
The bill states the election inspector
declared Higgins, Merritt and Bardon
elected and contends certain proxies
voted for Bardon and Higgins were in
valid and that Washburn and Cravath
should have been elected
Evening star., 1932-05-14
STOCK PRICES HIT
NEW LOW RECORDS
Sharp Declines in Leaders
Are Followed by Partial
Recovery.
BY GEORGE T. HUGHES.
Special Dispatch to The Star.


NEW YORK, May 14-Nearly 25
prominent stocks made new low prices
today and new low average for the
entire market was established before
there was any evidence of a let-up in
the liquidation that has proceeded with
little check the past week
The declines were substantial in a
number of issues, considering the
amount Of loss they have recently had.
AS new low levels are made margined
accounts that have been we'll protected
become affected. This has happened
frequently the last few days and ex-
plains part of the decline in numerous
key stocks.
Among those that sold at new lows
at one time or another during the
session were American Telephone g.
Telegraph, which broke through 95;
Union Pacific, which went p points
under its former low of As; Consolidated
Gas, below As for the first time; East
man Kodak quoted around 40; Wool
worth, heavily offered more than
points down, and food stocks, such as
General Foods and National Dairy
Products that until lately had been con-
spicuous for their ability to hold above
the rest Of the market. The tobacco
stocks also fell into new low price area.
Volume of trading was somewhat
-arger than It has been lately but there
was at no time any evidence Of extreme
pressure and the market was able to
absorb supplies Of stock on what gen.
orally were moderate concessions.
The only new development was the
appeal by the railroad brotherhoods to
President Hoover for some action to
relieve unemployment. 1t included an
intimation that, unless conditions were
made better, there might be disorders
that would affect railroad operations.
This undoubtedly led to some of the
selling of railroad shares. Half dozen
leading carriers stocks declined into
new low ground.
In international banking circles there
is considerable anxiety over the situa-
ton in Central Europe and fears of an
early breakdown in the Danublan
countries This has also been an in
fuence working against a recovery in
security prices recently. The Bank Of
Sweden today announced a reduction
IN its rediscount rate to Az per cent
and the Bank of England bought over
f2,000,000 of bar god in the open mar
ket, this being the first important pur-
chase of metal since England went off
the gold standard last September.
Pressure against the market lifted
somewhat near the close with the re-
suit that many stocks finished slightly
above the lows of the day. This was
true OF American Telephone. Allied
Chemical, American Can, Standard Oil
of New jersey and Air Reduction. East
man Kodak ami Woolworth, the two
shares under greatest pressure all
morning, were unable to recover no
ticeably toward the end.
Homestake Mining stood out by ad-
vancing over a point while most issues
were declining. Southern Railway sold
of from to 27o in the last few min
utes Sears, ROebuck showed resistance
to offerings. United States Steel was
down only small fraction at the close.
Evening star., 1932-05-14

advantage Of this and accumulate bonds
for retailing among his regular Gus
toners. Today he finds it difficult to
obtain encouragement from banks
which formerly were willing to grant
him loan to carry these bonds during
the period of distribution.
Bond houses now realize that the
volume Of new issues in the next few
years will be small and that their best
field is in the listed market. The yields
there and the quality of the offerings
are both greater than they could ex-
pect to find in new loans. There is the
further advantage that the listed bonds
are seasoned and distributed 1t is obvi-
Gus. therefore, that the best business
opportunities for dealers and investment
houses are now in the listed market
and chat, eventually it viii be on listed
securities that they will concentrate
their sales forces.
Copyright, 1927
Evening star., 1932-05-14
Bank of England Statement.

LONDON, May IA (P).-The weekly
statement OF the Bank of England
shows the following changes in pounds:
Total reserve decreased 1,709 900, circu-
lation increased 1,733,O0 bullion in
creased $4,000, other securities in
creased 1,572,o0O, public deposits in
creased 3,422,OOO, other deposits de-
creased 521 900. notes reserve decreased
l,733,0 600 government securities , in
creased 3,060,000.
The proportion of the banks reserve
TO liability is 30.55 per cent, compared
with 32.68 per cent last week
Rate Of discount, 2l2 per cent.
Evening star., 1932-05-14

Saturday at White
Sulphur Springs
and lasts until the
following Wednes-
day. Several local
investment houses
are members of
this association
and Paul V. Key
ser of this city has
been the aSsCcia-
tion's counsel for
years. The Spring
meeting is as i'm
portant to this Or
ganiZatiolI as the
Executive Council
meeting is TO the
American Bankers
Association.
Evening star., 1932-05-14
Markets at a Glance

NEW YORK, May IA P).-Stocks:
Heavy; rails and utilities at new lows.
Bonds; Easy; rail weak Curb: Easy:
declines slacken. Foreign exchanges
Steady; European currencies dull. Get
ton; Quiet; trade buying: favorab
weather. Sugar: Steady; trade buying.
Coffee: Quiet; steady; Brazilian market
Evening star., 1932-05-14
Industrial inventories.

NEW YORK, May IA (P).-The
tendency of materials to back up into
the hands of primary producers OBJ
scureS improvement among manufac-
turers of consumer goods. but it is
highly probable that the end of 1882
will witness a substantial shrinkage in
the inventory position of the manufac-
turers, says the Standard Statistics Co.
Evening star., 1932-05-14
U. S. TREASURY BALANCE,
By the Associated Pres,

By ne Ha5OCI2Led PreSs.
Treasury receipts for May II we're
S327l, 1881; expenditures, S2o,eI5.-
17l.90: balance, S557O01 ,4I3.O4 Gus
toms outies for y days of May were
S6,835, ,30695.
Evening star., 1932-05-14
Plan to Retire Stock

NEW YORK, May IA LP).-Stockhold-
erS Of the Commonwealth g. Southern
Corporation will vote June Is on the
company's proposal to retire 337,682
shares of common stock and reduce
capital by IS for each share retired.
Evening star., 1932-05-14
BANKERS To STUDY
| FINANCING CITIES
Bank Legislation and Bonds
Also to Draw Attention
at Investment Meet.
BY EDWARD c. STONE.

Allen M. Pope, president of the In
vestment Bankers Association, will pre-
side at the seventy-fifth meeting of
the Board of Governors, which opens