davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1932-05-06
COTTON STEADY
WITH SESSION
ACTIVE

NEW YORK, May 6 GN.sJ.
Cotton futures held steady
throughout the greater part Of
today's dealings in fairly active
trading.
With Liverpool in line with
due prices, contracts at the open
ing were l to 3 points higher
and held within a narrow range
as the day wore on. There was
scattered price fixing for the
Continent, also for domestic
trade.
japanese interest bought July
and January. Cooperative brok-
ers bought March, against sales
Of, July.
The Dallas News cotton report
for the week ended May S showed
that all of the Texas cotton belt
except the extreme West is now
supplied with sufficient moisture
to finish planting anG to start
off the crop, provided warmer
weather sets in promptly.
At the noon hour, prices
showed gains of 2 to 3 points,
with May up 2 at 558, July up
3 at 5.71, October up 3 at 5.94,
December up 3 at sos, January
up 2 at GIG and March '33 up
3 at 6.33.
The Washington times., 1932-05-06
u. S. Stock Purchase
HELPS Land Banks

Subscription to stock in the II
Federal Land Banks amounting
to $63,243,7OO by the Secretary
of the Treasury from the fund
of $125, 100000 voted by Congress
increased capitalization to $l28,-
sos, ,609 or nearly 100 per cent.
according to the annual report
of the Federal Farm Loan Board
Just sent to Congress.
The new capital provides the
banks with funds with which to
continue to make new loans and
should enable them to sell addi-
tional bonds as the market i'm.
proves, says the report. When
the banks were organized in
1857, the Government sub
scribed $8,892,130 stock but this
had been repaid, except $204,698.
The Washington times., 1932-05-06
GRAINS F|RMER
AFTERSL|P

CHICAGO, May 6 G.N.S)-
Grains firmed today after early
easineSS.
Wheat was IL to &c up at mid
session after holding 3s to 5sc
below the previous close in the
first hour.
Corn was "a to 3sc up in sym
pathy with wheat and better
shipping demand. Oats were
steady to Ac UP and Rye "a to
11sc higher.
Liverpool was 3s to 1ad higher
and export trade was quiet.
May wheat reached 5412c a
bushel here and May corn 2912c.
The Washington times., 1932-05-06
MARKET works
FORWARD ON
WIDE LINE
BY LESLIE GOULD

NEW YORK, May 6 GN.S).
The change in the washington
situation brought a better stock
market today.
Wall Street was cheered by the
entrance of President Hoover into
the tax picture with his demand
that Congress act speedily to bal
ance the budget and lift the tax
ation uncertainty burden frcm fl
nance and business.
Good Gains Scored
This was translated into buying
Tor a rally and short covering.
After an opening bulge and a
slight reaction, the market work
ed forward on a broad scale with
leading issues scoring gains Of l
TO 8 points over last nights close.
SpecialtieS gave the best per-
3ormance. The most depressed
group in the reaction which has
held the market in its grip in
recent weeks, they snapped back
quickly when pressure was lifted.
Allied Chemical was one to stage
q sharp recovery and American
Can was another. Others to re-
bound were Eastman Kodak,
Coca Cola, Western Union and
Case Threshing.
u. S. Steel common was slug
gish, held by the backwardness
of it's preferred stock, but Ameri-
can Telephone stepped into the
vanguard of the rally with size
able gain.
Oil Shares Strong
Oils were strong. Ohio Oil was
the stellar performer, this low
priced issue adding about 80 per
cent to its value following an
excellent earnings report for the
first quarter and declaration of a
dividend of 80 cents against 81
previously.
Standard Oil of New Jersey
was another strong spot following
consummation of the deal with
Standard of Indiana for the
foreign properties of Pan-Ameri-
can. Royal Dutch ran into profit
taking.
The Washington times., 1932-05-06
Food Firm Earnings
Make Good ShOu,inq

Reports from 145 industrial
corporations in the first quarter
Of 1882 indicate a decline in earn
ings of 67.5 per cent, according
to a preliminary compilation by
Moody's Investors Service. If
United States Steel and General
Motors were to be included, the
decline would reach 1926 per cent.
For II companies in the food
group the net decline was only
% per cent, while earnings of
three biscuit companies dropped
only 14.5 per cent.
The Washington times., 1932-05-06
Bankers Want Tax
For Credit Unions

Objection to the local credit
union bill recently passed by the
Senate is based solely on its ex-
emption of such groups from tax.
alton, Francis G. Addison, chair.
man of the legislative committee.
told members of the District
Bankers Association yesterday, at
a meeting presided over by c. H.
Pope, president.
Mr.. Addison also discussed the
Reed-Bowman "blue sky law pro-
posed for the District, and meas
ureS covering the release Of mort
cages and regulating banks and
building loan groups here.
The Washington times., 1932-05-06
Life Underwriters
Meet at Baltimore

Members of the Life Under.
writer's Association here are in
Baltimore today attending their
fourteenth annual Maryland-DiS-
trict Congress. Morning and
afternoon sessions are being held.
Among speakers listed are
Henry E. North, Albert E. N.
Gray, F. George Glendaniel. Vim
cent B. Coffin, L. L. McAllister,
Elbert Storer, Dan j. Bloxham
and Franklin r. BettgeS,
The Washington times., 1932-05-06
CHICAGO LIVESTOCK

CHICAGO. May 6 GN.s).-Hogs-
Receipts, $4,000; market steady. Top.
S55; medium. $S.45@S.SO: light, $500
SS5: light lights. $3.4O@3.75: packing
sows. S25o@3; pigs, $S@S.5O; hold
overs, 5000.
Cattle-Receipts. 1000; market steady.
Calves: Receipts. 500; market steady.
Beef steers: Good and choice. $7@7.75:
common and medium. $3.50 OF; yearlings,
$5.25@7.75. Butcher cattle: Heifers,
$3.5O@6.50; cows, $500 4.50; bulls, 50. SO
@4; calves, $4@6.50: feeder steers. SAL
@6; stocker steers $4@5.75; stocker
cows and heifers, 1904.
Sheep-Receipts 1000; market steady.
Lambs, $6.2507: common. $4@5 springs,
$7@S: yearlings S4.50@5.5O; feeders,
$45O@5.75; ewes, $1@25O.
The Washington times., 1932-05-06
CURB MARKET

NEW YORK, May 8 dN.SJ.
The curb market showed a dis.
tinctly firmer tone today, although
for the most part price gains were
hardly important enough or on .
sufficiently broad front to stimH
late any aggressive. outside buying
demand.
The Washington times., 1932-05-06
CLOTH PRICES FAIR

NEW YORK. May GN.S).-The
coarse yarn cloths market today ex-
perienced a definite stiffening In a
few print cloth styles and there were
no further recessions in print cloths.
Thus. so far as prints were concerned,
the market was in healthier condition
than for some time. Good buying was
done early in the day at prices which
could not be duplicated IN the after
noon.
The Washington times., 1932-05-06
LOSSES HEAVY in WEEK

The market value of 80 repre-
sentative stocks listed on the New
York Stock Exchange at the close
Of business April 80 was $685.
708,375, a decrease Of $26-, 1885,
ESQ, or 3.43 per cent, as compared
with the close Of the preceding
week, according to Paul H. Davis
and Co.
The Washington times., 1932-05-06
Exchange AbandOns
Sessions SATURDAYS

The board of governors. yester-
day decided to follow the custom
of last year and close the Wash
ington Stock Exchange Satur-
days through the summer.
The order is effective tomor-
row and until october.
The Washington times., 1932-05-06
BOND MARKET

NEW YORK, May 6 QN.S).
Bonds were irregular today, with
United States Government issues
weakening.
The Washington times., 1932-05-06

New York funds in Montreal, &1OS.75
premium az $1,000.
Montreal funds u New York, aioS.7S
discount at $1,000A ..-....--.
The Washington times., 1932-05-06
WASHINGTON STOCKS
SALES

SALES
Potomac Electric IS pfd., 10 108.
Potomac Electric 51as pfd.,
1@103.
Capital Traction Company, 100
II, 10@12.
AFTER CALL
Washington Gas IS A, $1,000
o73L S100mQ7A
The Washington times., 1932-05-06
CHEEKY Trade
News Notes

LanstOn MOnOtype Co. pays
regular dividend.
Tide Water Association
nets quarter profit.
De Forest Radio reports
improved sales.
Lehigh Valley cuts loss
more than third.
Sales increased by w. T.
Grant Co.
The Washington times., 1932-05-06
Foreign

Argentine SIS A 81. 4
Argentine IS May 80. 4
Berlin 6hs 80.
Berlin IS '5S..........
3 Aires SIS '55 City.
Buenos Air IS 81 PRIV
Colombia IS 81 Jan. 81
colombia IS 81 Oct. -
Denmark 5hs '55 -! {
nu q Indies IS a.. s
ITALY Is 81 .,..,,.. s
Ital p u Cr Is 1921 I
Narseilles IS "a 80. IL
Milan SIS '52..... 6
poland SIS 40 ,...... )
Poland Is al ... 4
Rome 61Ss '52 .... 6
San Paule ss '6S 49,.
Tokio IS '52 .... !
Toxic 5hs 81 .....l I
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-03-04
Williamsburg Hunger
NJ arch, international
WOmen's Day, March 5

NEW YORK.-The Williamsburg
section of the Communist Party has
issued call to all workers, employed
and unemployed, especially women
and children, to participate in the
Hunger March on the Boro Hall of
Brooklyn, Tuesday, March 9th, In
ternational Women's Day.
This hunger march, arranged by
the Williamsburg Unemployed Coun-
Gil, will bring to the Borough presi-
dent and the politicians in Brook
Ign the demands of the jobless and
part-time workers of Brooklyn. All
workers are asked to assemble at
Myrtle and Broadway at 1890, from
which spot the march will begin.
The same evening, an Interna-
tional Women's Day celebration will
be held at the Grand Manor, 3lS
Grand ST., at the corner Of Havemyer
st. Comrade I. Amter will speak.
There will also be a good program
of musical selections including the
Lithuanian Chorus, piano solo, and
a presentation by the Workers Lab
oratory Theatre.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-03-04
Socialists Collect
Money for War
Against u. S. S. r.

tCUsTIauED rBUB PAGE ONES
weapons 10 fight against Commu-
nism. Yiestnik must supply
them in Russia with the information
that the workers in Russia are worse
off than the workers of the capitalist
world. There is the cry that there is
one place on earth where socialism
is being built and therefore, we must
stop their work. Whoever cannot
read Russian is unaware of the lies
that we see when we read Izvestia.
We must therefore redouble our ac-
tivities, so that we can justify the
correctness Of our past activity. We
must defend Abramowich in his stand
against Communism. We in Amer
lea must fight Communism as an ex-
ample 10 the Second International"
These open counter Revolutionary
remarks, which were duplicated In
even more vicious form by the other
speakers, indicate that the counter
revolutionary Socialist Party leaders
in the United States are on the job,
doing their share in the war provoca-
tons against the Soviet Union.
These take place at the moment
when war Is being carried on in
China, against the Chinese masses,
which are led by the Soviets and
when every form Of provocation is
manifest in the attacks upon the So
Wet Union. This occurs at the same
time that Trotsky issues infamous
statements against the leadership of
the Communist Party and the Soviet
Union and openly declraes that not
only industrial but political troubles
will face the Soviet Union in the
event of war.
This counter-revolutionary banquet
did not continue very long. After the
Speech-making, when the dinner was
being served, an odor from a stink
fluid arose in the hall that drove
everybody out. According to report,
there was attached to the bottle con-
tanning the fluid a piece of paper
with the words, Our contribution to
'Comrade Abramowich.' 1t is ap-
parent that among the socialists
present was somebody who would not
tolerate the anti-Soviet position OF
these enemies Of the Soviet Union
and was incensed by the speeches
made, and particularly would not al
low the aims Of the banquet to be
achieved, namely, to collect funds for
Dan, Abramowich, to continue their
disruptive work in the Soviet Union.
This is the Socialist Party, not in
its profession Of, and petition" for,
recognition of the Soviet Union, but
the Socialist Party In action, in open
anti-Soviet unity with the imperial
list governments at time of war
proyocation against the Soviet Union.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-03-04
Call Unity Conference
IN Boston Dress Strike

BOSTON, Mass, March T. - While
the officials of the International La
dies Garment Workers Union were
cooperating with the police yester'
day, recalling pickets from in front
OF the striking shops, the United
Front Strike took on a more militant
and determined spirit and conSoi-
dated new gains. Kramer, Interna-
tional official and agent OF the sweat
shop bosses, spent the entire day
preparing TO complete the seilout OF
the dress and cloak makers through
the notorious scientific" agreement
All during the day the United Front
pickets patrolled up and down before
their shops. More bosses, feeling the
effect of the strike. have sent in their
applications for settlement.
Conference Today.
The United Front Strike Commit
Tee, in order to unite the ranks Of the
dress and cloak makers for more
effective struggle against the bosses
end the International takers, has
called a Unity Conference Of all
striking shops to be held this after
noon at 2 pm. at the Association
Building. 995 Washington Street.
In the call issued By the strike
committee, the shops of the Inter
national are especially invited to
all shop meetings and are urged to
elect delegates to the conference.
The chief concrete task to be taken
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-03-04
DRESSMAKERS REPUDIATE SELLOUT:
MORE WORKERS JOIN UNITED FRONT

increase in wages, the 40-hour week
and recognition Of the shop commit
tees and the union
The strike Of the drez5makers Is
the struggle OF all the workers in
Williamsburg. Therefore all workers
are asked 10 participate in the dem
cnstration.
The headquarters Of the United
Front Committee in Williamsburg Is
at 1875 Flushing Ave. All workers
should come to this headquarters on
Monday for picket duty.
To Held Dance.
Section 2 of the Communist Party
has arranged a dance and entertain
ment for the striking dressmakers, TO
be held at the hall of the United
Front Strike, Saturday evening at 8
ocolck. All strikers, all dressmakers,
regardless of union utilization, are
invited 10 come, The admission is
free.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-03-04
Bedacht To Speak
Saturday At Ar
better Festival

NEW YORK.-ThouSands of work
ers' OF New York will again flock to
the Atm big annual "Arbeiter" Fes-
tival, arranged fer der Arbeiser. -"
German organ Of the Communist
Party, at 8 pm. on Saturday, March
5, at the New York Labor Temple,
243 Z. 84th st.
The numbers of the program which
has been arranged this year, have
been selected with special care and
with the view of depicting in the
most interesting and gripping way
the preSent-day class struggles.
Comrade Max Bedacht of the Cen
trail Committee of the Communist
Party will in his speech deal with
subject that is right now of the ut
most interest and importance for
every worker, THE war in China and
the tasks Of the working class"
The "Proletbuehne," German agit-
prop troops, most popular workers
theatre in America will present their
new big revue Links RAM" C"Turn
to the Left'D. The W.I.R. RED
Dancers" will be there with an in
depreciation Of the famous fighting
song Of the German workers: "Roter
Wedding" and Solidarity of Black
and White"
Other features are presentations of
workers sportsmen, a play of the
Yorkville group of Young Pioneers,
concert, dancing and other entertain
mentS.
Admission In advance Is only Csc
Cat the door 50c). Tickets can be
obtained at: "Arbeiter" office, IS E.
18th ST., Hungarian Workers Home,
$50 E. Slst ST., Hungarian Bookshop.
1885 End Ave, near 83rd St. F.. Han
sen, butcher store, ie45 York Ave,
near 87th st.
Members OF the unemployed coun-
ellis are admitted free upon showing
their membership card.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-03-04
Put Over 7 ?.
Wage Cut On
Printers In SeIlOut

NEW YORK, N. Under the
preteXt Of helping the unemployed
in the printing industry Major Berry,
aided by his allies, the presidents
Conway and Davis of Locals 81 and
Is put through one of the most
brazen sell-out in his long strike
breaking career.
a wage cut OF per cent, the in
PRODUCTION of a 4-day stagger week
and the elimination of a senior
pressman, which is another Is per
cent cut, is represented by him as
victory for the workers, especially the
idle. To this is added a three-monthS
supplementary agreement which says
that the per cent reduction repre-
SCENTS minimum relief for the
bosSes.-Ed. D. W. But the equ-
ties involved do not justify further
reduction until there has been estab-
Hshed measure of uniformity in the
distribution of the cost of necessary
liquidation" This is an open admis-
sion that the wage cut put over on
the pressmen is the opening wedge
for an all around wage cut in the
printing trade, for further Slashing
at the expiration OF the supplement
tary agreement"
In order to facilitate this betrayal
in the interest Of the printing bosses,
Berry Unanswered to get full power
to negotiate this infamous agreement
in spite Of the fact that the original
contract does not expire until Deem
Der 1, 1882.
On the basis of this latest Sellout
the workers in the shops will find the
wage cut in their pay envelopes this
week, and one-fourth of the senior
pressmen now working will find
themselves in the street.
Militant rank and file opposition
groups have already been formed
in the local union and are organic
ing shop committees to resist the
Sell-out.
Printing workers! Refuse to ac-
cept the reduced pay envelopes! Pro-
tect the seniors of your shop against
discharge! Fight against this cyni-
cal betrayal of your interests and or
ganize shop committees to prepare
for strike against the bosses and
their agents, Berry, Conway, Davis
and company
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-03-04
TENANTS SAY NO
REDUCTION THEN
NO RENT IS PAID
All Join Committee
Except Two

NEW YORK.-"No settlement, no
rent, see the house committee the
striking tenants OF 1888 Arrow Ave.
told the agent of the Hollgrass Realty
Co. when he came for rent today.
The entire house is solid except for
two scabs.
One Of them, Mrs. Kennel, jeered
at the families as they were being
evicted last week. This working
class attitude and support of the
landlords on the part Of worker is
eXplainable when it is known that
Mr., Kennel is under the influence OF
the socialist party, reads the social
iSt'' newspaper Forward and is an
active member of the Workmen's
Circle. The second scab is an ex-
posed stool-pigeon Of teh landlord.
The workers have made it so hot for
them that they are looking for other
apartments.
The Women's Council is calling an
open-alr meeting in support of the
strike Friday, at $3.50 pm, at Oliin-
vile and Allerton AYES. On Satur-
day, at pm, there will be a mass
demonstration in front Of the house,
many working class organizations in
Guiding the Communist Party, will
have speakers there.
Workers in other houses owned by
the realty company headed by Grassy
are seriously considering sympathy
rent strike after discussing the mat
ter with delegation from Arrow
Ave.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-03-04

Up at the conference will be TO elect
one strike committee from all the
shops OIL strike including the shops
striking under the leadership Of the
International Ladies Garment Work
ers Union.
A meeting Of the striking shirt
makers took place yesterday. Shirt
makers from both the left and right
wing unions participated and pledged
to carry on the struggle under rank
and file united front leadership.
Stubborn determination to win mark
ed the meeting throughout.
A letter was sent by the Rank and
File Strike Committee to all manu-
facturers whose workers are on strike
under the leadership OF the United
Front Committee announcing that it
was considering individual applica-
tons for settlement.
Great Indignation was expressed
on the part of the strikers by the
action of the IL.G.W.U. officials
in sending a letter to the Binder
Brothers Cloak Co. offering to send
in new workers TO work for lower
wages than the present scale. The
present scale was concluded some
time ago through an agreement
forced on the bosses by the Needle
Trade Workers Industrial Union.
All during Sunday there will be
a house TO house collection to raise
funds for strike relief.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-03-04
WIN RENT CUT IN
BROOKLYN APIS

NEW YORK.-The Unemployed
Council of Williamsburg. which is
leading the hunger march to the
Borough Hall on International Wo-
mems Day, March s, has just won
concessions from landlord at 40
Bartlett St., Brooklyn. The land
lord granted the demands Of the
House Committee, which are 50 re-
duction in rent, no eYictions of the
unemployed and recognition of the
House Committee.
Other House Committees on the
block are being organized and are
preparing for the March 8 Hunger
March to the Borough Hall in Brook
lyn to demand free food and cloth
ing for children, immediate relief and
unemployment insurance. The march
will begin at 1890 pm. at Broadway
and Myrtle Ave. and will proceed
from there to the Borough Hall. A
delegation of women and children
will present the demands TO the Bor-
ough President.
On the evening of March 8 Inter
national Women's Day will be cele-
brated by a large mass meeting at
Grand Manor, SlS Grand ST., Brook
Ign. Comrade Amter, District Or
ganiSer o fthe Communist Party, will
ha tho n1oiy, st@aoEAr
The Block Committees In Harlem
are holding open-air meetings and
house to house canvasseS to mobilize
the widest masses of women and
children for participation in the
Hunger March to be held on March
8 in Harlem. The march will begin
at II am. at 142nd st. and Seventh
Ave. and will proceed to 135th st.
and Lenox Ave, to the Home Relief
Bureau, where there will be a large
demonstration against the misery and
starvation Of the Negro masses In
Harlem, for relief for single unem-
ployed women, for free food and
clothing for children.
The March evening mass meeting
will take place in Finnish Hall, at Is
w. 126th ST., with an interesting pro-
gram and Comrades G. Siskind and
Maud White as the speakers.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-03-04
What's On

FRIDAY
Max Bedacht will speak on Religion
and the Glass Struggle" at the fremont
Workers Club, POTS Clinton Ave, Bronx,
at $50 pm Admission IS cents
Tb. Jamaica Youth Branch. No. 41a. Of
the LW.o. will meet at s:so pm. at 1926
Union Hall ST.. Jamaica. A dramatic group
viii be organized. All workers are in
vitcd
The Fed Colony Youth Branch. No. 433.
Of che LW.O. will meet at $50 pm. at 27oo
Bronz Park East.
comrads NJ Altman will lecture on the
Geneva Disarmament Conference and the
Policies of the Soviet Union" at the Pros
pset WORKERS Center, 1877 Southern Blvd,
Bronx, at $50 pm.
The Downtown WORKERS Club will have
= lecture at II Clinton st. at $50 pm.
Comrade Levine will speak on The Com
n'uni't Party in the Mass Organizations.
The Kentucky Strike will be discussed at
the Red Sparks Athletic Club, $50 Grand
St, Ct Q pm
Alteration Painters, Downtown Section,
viii meet at 1874 E. Seventh st. at 8 pm
The Downtown Youth Branch, No. 4O5
of the Lw.O. will meet at $40 pm. at II
e. Third st.
The Brownsville Youth Branch, No. 407
Of the I.W.0. viii meet at pm. az 25T
schenectady Ave, Brooklyn
Tn. sparts Youth Branch, No. tOs, OF
the Two. will meet at 8 pm. at l4oo Bos.
ton Rd.. Bronx.
The steve Katovis Branch Of the LID
will meet at 257 e. Tenth st. at pm
An important membership meeting OF tn,
Food workers' Industrial Union will b
held at z. 10th st. ut Q pm. cornrad'
Joseph Zack will speak on The Imperial
list war and the Trade Unions" Every
member must attend.
The University Branch of the LID. viii
meet at 100 Broadway, Room 4lo, at pm
The English Speaking Branch, No. SCI, oil
the Two. will have q vecherinka for thu
benefit OF the Daily Worker at IL W. Mt
Eden Ave, Bronx, at $3.50 pm. Admission
free.
Carl Brodsky will speak on 'Is War
Inevitabie7" at the Pelham Parkway Pail
ace, $40 Lydic Ave, Bronx, near Pelham
Parkway St, at pm ~