davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
GRAIN FUTURES
POINT LOWER

CHICAGO, Aug. 81 G.N.SJ
Grain futures pointed downward
in quiet forenoon dealings. Liquid
alton of September contracts and
selling on weakness in securities
were depressing features.
Pressure was light in the wheat
market. but relative strength at
Liverpool and Winnipeg was ig-
nored.
Near noon wheat was off %
to 11sc after starting 70 to PC
down. Other cereals were % TO
7sc off.
Local traders showed little in
terest in the wheat market, ex-
pecting considerable liquidation in
September contracts. 1t was pres
ent in the early dealings. but as
much of the wheat was being re-
placed in deferred positions at
to 4Ac over the December, the
weight was offset to some extent.
Liverpool was 12c higher TO
1sc lower on late cables. Winni-
peg was IS to &c up early.
Hedging pressure remained
light in the Canadian market.
Wet weather continues to hamper
harvesting and movement of the
new wheat.
Estimated carlot receipts here
we're: Wheat 80, corn 81 and
oats 40.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
Gains in Field and Factory
Reported in Wide Area

facturers' Association stated that
SO mills in the southern pine ter,
ritory reported orders during the
past week were As per cent above
the same 1881 period.
Further increases in textile
prices developed as the result of
the recent buying stampede
American WOODEN Company
boosted worsteds S to 10c a yard
and several fabrics for women'S
wear to 1212c a yard.
Rayon prices we're advanced by
American Glanzstoff Corporation
and American Bemberg in line
with current market.
P. H. HaneS Knitting Company
nd Pepperell Manufacturing
Company raised prices. Nashua
Manufacturing Company an
nounced it was sold ahead for
some time and that it may ad-
vance blanket prices in the next
few days.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
IS DOWN
IN IRREGULAR
CURB TRADE
BY THEODORE KOSLOW

NEW YORK, Aug. 81 G.N.E0
The curb market continued in a
sulky mood today, and with profit
taking and professional selling
again in evidence, prices resumed
their irregularly lower price trend.
The majority of stocks wal
lowed around in rather uncertain
fashion, with minus signs pre-
dominant in the rank and file of
active issues.
Bond and Share Erratic
Electric Bond and Share
showed an initial loss of 13s
points at 1873, off almost 10
points from its high of the week
1t staged a speedy recovery how
ever, reaching 407s, only to fall
back to a new low at 371a from
which level it firmed up some
what later in the day.
Other utility favorites held
fractionally lower most of the
time, with recent leaders such as
American Gas & Electric, Ameri-
can Superpower. Niagara Hud,
son Power, and United Light and
Power A encountering rather
heavy offerings around la S t
nights cloSingS.
Oils Mostly Lower
Oils we're mostly lower, with
Gulf dipping from its early high
at 41Ts to 40, where it showed
a net loss of a point on the day
Standard of Ohio was down Ia
points at 26, while fractional
losses cropped up in Standard of
Kentucky and Standard Of In,
diana.
Strength in Fisk Rubber 5l2s
which responded to the announce,
ment that reorganization plans
had ben completed with a run
up of 312 points to 4234, fea,
tured an irregular bond division
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
RAILS SET PACE
. IN LOWERING
j. BOND LIST
ny MUNROE ROBERTS

-, ny G"ONNOG ASNDGN .,
NEW YORK. Aug. 81 GN.sD
Marked irregularity was apparent
on the bond market today, as
the downward trend which started
In the final hour yesterday car
Eied into the current session.
Carrier bonds, particularly the
tow-priced issues which have had
the greatest rise, bore the brunt
Of the profit taking.
Chicago, Milwaukee, St. Paul &
Pacific adjustment IS of 1000
lost " at 1914, the Baltimore
6E Ohio IS dropped "a at 81,
the Rock Island convertible 4Hs
dropped q point to 80 and the
Chicago g. Northwestern CONVEX
tibie 434s held unchanged at 3l34.
Wire company issues were gen.
orally steady, with the Interna-
tional Telephone convertible AIS
Of 1899 holding unchanged at
5l1a, as did the Western Union
6tas of 1886 at 81.
United States Government Is
sues continued to move within a
narrow range. with little change
being shown in the early trading.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
Executives to Plan
RQiLlUQH WAGE Cut

Eastern railroad presidents have
appointed a committee to take
up with similar committees repre-,
senting the Western and South
eastern sections action to be taken
in regard to wages the period fol
lowing February l, 1888. when the
present agreement with the rail
way unions expires.
Representatives of the four
eastern trunk lines will meet to-
morrow afternoon in the offices
of w. w. Atterbury, president of
the Pennsylvania Railroad.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
SEEN KEED
FOR MARKET
BY WALL STREET SPECTATOR

BY WALL STREET SPECTATOR
NEW YORK, Aug. 81 TNSD.
The market is obviously tired and
the way it went down at the
close indicates it needs a rest.
The bulls went from group to
group in an effort to keep it 60
ing. but there was just too much
dead weight to carry.
Further reaction is indicated
today with the possibility of a
new try for a rally in the after
noon. We would watch the mar
ket closely to see how it acts un.
der further selling before think
ing of reentering.
The important thing is that
informed interests are still com.
mitted to higher prices. AS long
as the trend remains up inter
mediate reactions can be ignored.
Action of the rails suggests
that they are being groomed for
leadership of the next rise.
Then there is the four-party
merger meeting here today with
the possibility that an agreement
will be reached. In addition. the
car !oadlngs trend is up and an
other gain this Saturday would
not be surprising.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
Failures Are FeUer
But Liabilities Rise

Fewer failures were reported to
Bradstreet's during the week
ended August Is, dropping from
543 to SGT. A considerably
sharper decrease is normally ex-
pected, however, and the failures
index jumped to 1872, as COM
pared with 1861 last week and
1858 last year.
While the number of failures
fell off in all trade groups ex-
cept wholesale and banking, there
was an increase of 44.2 per cent
in liabilities, which included all
groups. An outbreak of banking
suspensions throughout the coun-
try. except the Pacific Coast dis
trict, raised the number in this
group from 26 to 38.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31

NEW YORK. Aug. 80 u.N.So.
Reports of further gains in bust
ness and employment from
widely scattered sections of the
country, were received in the
financial district today.
Pay of cotton pickers has
been advanced 10 cents per 100
pounds, it is reported from North
Texas,
Powdrell & Alexander, curtain
manufacturers, announced that
their DanielSon, Conn, factories
are operating day and night
shifts.
Anticipating a pickup in the
automobile industry, Libby OWneS-
Ford Glass Company has re-
called many of its former in
preparation for reSuming oper
ations September Is at its Ross
ford. Ohio. plant.
The National Lumber Manu-
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
Zoom!

Long Bob Trout, erstwhile an
nouncer at WJSV, who is vaca'
tioning down in the Carolina rice
fields, sends us a letter relating,
at great length. his continuous
battle with gigantic mosquitoes
But. he says, the insects were
finally routed by an unusual
phenomenon. Says Bob:
"The other evening, the fun
was in full swing. Thousands of
bugs, moths, and beetles raised
their voices in one grand
hymn of thanksgiving as they
closed in on me. Armed with
an old newspaper and a dis
abled fly Swatter, l was hard
pressed, and overwhelming de-
feat and disaster seemed i'm
minent. Suddenly, a neighbOr
about three miles down the
road turned on his radio full
blast, and ] mean full with a
capital blast.
"Over the hills and daleS,
through the windows and down
the chimneyS, doomed the mag
nificent baritone of Hurlef
Pr0venSen. He was introducing
the President, but, judging
from subsequent events, he
could have been yOdeling and
shouldn't have minded. 1 tell
you, Stanley, you never heard
such a roar as Hurlef's voice,
ampIified about fifty thousand
times.
For a couple of minutes, the
insects, their pride wounded,
attempted retaliation. They set
up a great clatter, but to no
avail. Then, with dropping
wings and aching threats,
they shame facedIy crawled
away, back into the forest, and
haven't seen them since.
Maybe they are practising for
comeback, but l think it
more likely they realize the
futility of competition and
have retired to distant fields
where the voice of FrOvcnsen
has never penetrated. If you,
see Hurlef, thank him for me,
Stanley. Meanwhile, / have
been having further adventures,
which / shall relate in the near
future"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31

come $48,15l more than for the
period last year. Net totaled
1888, 200 this year.
At the close of business July
81, the Washington Gas Light
Company had 1O5,129 customers,
an increase of 1876 over the same
date in 1881.
The subsidiary Georgetown Gas
Light Company reported July net
income $2,289 below last year,
but $11,562 higher for the seven
months than for the 1881 period.
The total net was $93.954.
The Georgetown company add
ed SOS customers in II months,
bringing the total to 1882 on
July 81, last.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
GAS COMPAN|
INCREASE NET
EARNINGS

The Washington Gas Light
Company reports to the Public
Utilities Commission that net op-
Grating income in July was 1888
more, but that net corporate IN
come was SAL less than last
year.
Me- corporate income for seven
months this year was, however,
$62,867 more, and operating IN
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
California Oil Men
Break Pact, ChGrq(

Letters of warning have been
received from Rush M. Blodget,
general manager Of the Oil Pro
ducers Sales Agency, by Califor-
MIA producers. stating proration
has weakened under the agree
ment by which prices were ad-
vanced in June.
Producers are urged to get back
to proper curtailment levels.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
CHICAGO LIVESTOCK

CHICAGO. Aug. 81 GNsD.-Hogs-
$4,000: 1Oc higher. Top $40; bulk.
:s.sSS4sCC he cay; HoO@ "a. medium ,,S;
lights. $4.OO14.5O: packing sows. $500
G3.85 pigs, &3.5OG4.15. Holdovers,
ga CSttle-1o.oOO: steady. Calves, 1000:
steady. Beef StPPrs-GO0d and choice.
S.. 90 @ 1000 common and medium. SIS. 90
$500: yearings. 81 5Om9.73.: Butcher
rattle-Heifers 4.O06I 90: cows. 81. 80
$500; bulls. &27a1AO0; calves, &4.O0d
: 50; feeder steers. S5O66.sS: stocker
steers. 81. 90 a 6.O0 stocker cows and
heifprs. &3.NNd4.S0
Sheep-19. 900. steady. Lambs. fS.eN a
GSh: common. 5000 5. 90; yesriinEG,
s4OG4G7S: feeders, H.SOfS.2S; ewes,
Si.OOGaSo. ----
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
Tony to Return

Maybe you don't like poets on
the air. Personally. the majority
are worth a dime a dozen SO far
as I am concerned. But this Tony
WonS chap-hes kinda different.
And what a following he's got!
After a summer off the ether,
Tony is coming back to the Co.
lumbia chain next Monday. He'll
be on the air every morning OK
cept Sunday. at $50.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
CHEVROLET SALES UP

On the basis of dealer reports
of Chevrolet sales for the first
20 days of August, this month,
normally the dullest of the sum-
mer season, shows promise of ex-
ceeding July by a comfortable
margin, according to w, S. Knud-
sen, president and general man
ager of Chevrolet Motor Com
DanY.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
lOtsa Fun

If you can tune in WIZ or
KDKA tomorrow night at IL
o'clock, don't fail to hear Marie
Dressler, Jimmy CSchnozzle) Du-
rante and Polly Moran. Jimmy
will sing a number in his best
rouded catarrhal baritone, and
Miss DRESSER and Miss Moran
will do bits from Prosperity"
their latest starring vehicle.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
News to Cheer
Up Business

Connecticut Power sales re-
ported steadily increasing.
Sugar advances to new
high prices for futures; CO.
Goa and rubber up.
Stock Exchange seat brings
$1,000 more than last pre-
viOuS sale.
Chevrolet August sales one
sixth higher than last month.
Graham-Paige reports ship
mentS 81 per cent.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
RADIO RAMBLES = PROGRAMS

Times in Fashions" Will
ma La Vile.
lI:1S-Ted Brewer and his Or
cheStra.
11:SO-Columbi Revue, Spanish
Program.
12:OO-George Hall and his Or
cheStra.
P. M.
12:15-Third Annual Notebook
Contest, The Forest
Ranger; Mrs. G. H. Col
lingwood, American For.
eStry Association.
12:30-Atlantic City Musicale.
1:00-Rhythm Kings.
1:30-Ann Leaf at the Organ.
2:00-Columbia Salon Orchestra.
2:30-Frank Westphal's Orches-
ira.
1910 N''oe,e'es VOL go Meters
7:OO-Musical Clock.
5000 h lines, Birthd days,
Thought for the Day.
8:O5-MuSical Clock continued.
9:55-Police Flashes.
l0:00-MuSical Novelties.
1O:15-MuSic of the Lombardos.
1O:30-Band Concert.
11:OO-Home Harmony Time.
11:15-Aces of the Accordion.
:3O-SongS We Love.
1:45-Organ Echoes.
12:00-Luncheon Music.
12:30--Naval Hospital Request
Program.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
GRAHAM.PAlGE GAINS
GIL Low ! 1:lk

The Graham-Paige Motors Cor
poration the first % days of
this month enjoyed a decided
upturn in sales, according to
C. w. Mathespn. sales manager.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
Here and There
In the Realm Of
Broadcastins
BY STANLEY BIGELOW

The Federal Radio Commission
today granted permission to
VIDAL, Baltimore, to continue its
full-time programs from WIZ.
This action means that for the
next three months Washington
radio dialers will be able to get
their favorite WJZ-inspired pro-
grams from Baltimore. Until to-
day, it was thought the full-time
synchroniation of WJZ-WBAL
would be discontinued.
Action of the radio commission,
it is understood, was taken after
vigorous protest had been lodged
by Maryland and Washington
listeners.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
TODAY'S PROGRAMS
$50 Ki'ocSr'"s WRC sI6 Meters

%" "'"'''"S WIKI OF" "''e''
3:15-Total Eclipse of the Sun.
3:45-DanCe Masters.
4:OO-Young Artists Trio.
4:15-SWanee SerenaderS.
4:3O-Beau Balladeer.
4:45-Daily Circle.
5:OO-DanCe Orchestra.
5:3O-Radio ColumniSt.
5:45-Donald Novis.
6:O0-Amos n Andy.
6:l5-Quartet Program.
6:30-Lanny Ross.
6:45-The Goldbergs.
7:OO-Big Time.
7:3O-Songbirds.
disbursements Parade.
7:5O-Yesterday and Today.
8:OO-Virginia Rea.
8:3O-Concert Program.
9:OO-Corn Cob Pipe Club of
Virginia.
9:3O-EchoeS of the Palisades.
lO:OO-Harriet Lees Leaders.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
Don't Miss These

7:20-The Washington Her
aid and Hearst Metro
tone News GlObe
TrOtter. (WOL)
S:OO-Virginia Rea, soprano,
and the Revelers
Quartet. (WRC)
9:30-Isham Jones and his
Orchestra. (WMALl
10:3O-CharleS Garlic, tenor.
(WMAL).
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
TOMORROW
$50 Kiloe'eles WMAL 4's Meter

A. M.
8:OO-Little Jack Little.
S:15-Gypsy Music Makers.
8:45-Frank Young. pianist.
9:OO-"Opening tn e Mornings
Mail with John and Mary
Marshall"
9:3O-The Four Clubmen.
9:45-U. S. Navy Band Concert,
Lieut.. Charles Benter,
leader.
10:30-The Ambassadors.
1O:45-Gerardine Program.
11:0O-"Keeping Up with the
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
TONICHT1
JACK FROST SUGAR !
Melody Moments

AN d every
W E D N { S DAY
evening at 7:;So
o'clock E aSterN
Standard Tim .,
aver this k.B.C.
C h a n: WIZ.
W 8 A W L S.
WHAM. W G A r.
KDKA. WJR, WV.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31
VOL

S:OO-Good Afternoon-SportS
and Music.
4:OO-Salone Musicale.
4:15-Louis RothSchild.
4:3O-Ernie and Otis.
4:45-Graduate Nurses Assn
Period.
5:OO-Something for Everyone
5:3O-Crazy Crystals Quartette.
5:45-Lelia Endicott and Mae
Davis.
6:OO-Dinner Music.
6:15-K. o. RILEY.
6:29-Weather Report.
6:30-The Ambassadors.
7:0O-Howard Moore and Nina
Andrews.
7:2O-The Washington Herald
and Hears MCtrOtOne
News Globe Trotter.
7:SO-Today in Sports.
7:5O-Musicale Interlude.
8:OO-Joe and Harry.
8:3O-Royal Hawaiians.
8:45-The x Quartette.
9:OO-Good Night.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31

$50 Ni'O''ele' WMAL 47S Meters
3:2O-Eclipse of the Sun.
3:35-Dancing by the Sea.
4:O0-"Going to Press"
4:15-Girl O. Yesterday.
4:3O-"Primer for Town Farm
erS."
4:40-Trank Young.
4:45-The Lone Wolf Tribe.
5:0O-Irene Beasley.
5:15-Harold Stems Orchestra.
5:30-Skippy.
5:45-NeWS Flashes.
6:O)-Correct Time and Program
Resume.
6:O1-Myrt and Marge.
6:15-Tito GUITAR.
6:30-WMAL Road Report.
6:35-Noble SiSsle's Orchestra.
6:45-Clara Stanley.
7:OO-Edwin C. Hill.
7:15-Singin' Sam.
7:30-Kate Smith.
7:45-The Gloom ChaSerS.
8:OO-Guy Lombardo's Royal
Canadians.
8:3O-Crime Club.
9:0O-Ruth Fitting.
9:15-Adventures in Health.
9:3O-Isham Jones Orchestra.
9:45-Agnes May Fischer with
Margaret AhniS.
10:00-Howard BarloW'S Orches-
ira.
10:3O-Charles Garlic.
10:45-Ozzie Nelson's Orchestra.
11:OO-Harry Rosenthal's Orches-
ira.
11:3O-Freddie Martins Orches-
ira.
12:OO-Weather Report.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1932-08-31

10:15-Last-Minute News.
I0:17-Dance Orchestra.
11:OO-The Dream Singer.
11:O5-Buddy Rogers Cavaliers.
11:30-Weather Forecast.
11:S1-Charlie Agnew'S Orchestra
12:OO-Leo Wolfe's Orchestra.
12:30-Terrace Gardens OrCheS
ira.
Evening star., 1932-04-29
Washington Produce

Butter-One-pound prints, SO score,
"a; 90 score, %; standard, %; tub, 90
score, %; 90 score, %; standards, 81.
Eggs-Hennery, 12al3; current re-
celpts, 11a12.
Poultry, alive-Old toms. II: young
toms, Is; hens. 90 crooked breasts.
II; Spring broilers, 4 to 312 pounds,
23a25: Leghorn broilers, 2Oa21; Win
ter chickens, 18a20; stays, IL; hens,
hens, 13; capons. large, 30a32; small,
20a23; slips, 18; roosters, 10; keats.
young, 45a50; old. 25a30.
Poultry dressed-Turkeys, old toms,
49, young TOMS 18; hens, 26a29; crooked
breasts, 20; Spring broilers, IL to
3l2 pounds, 26a28; Leghorn broilers.
23a24; Winter chickens, 21a23; stays,
Is; roosters, IL; hens, large. 17al9;
hens, medium, 17al9; Leghorn hens.
16; capons, large, 33a35; small. 23a26;
slips, 21;. ROSTERS, 13; keats. young,
60a7O; old, 30a40
Meats - Beef, prime, 13: good, II;
good, II; pork loins, II; fresh hams,
13; smoked hams. l6; strip bacon, 16;
lard Z; compound, 6i2.
Live stock-Hogs, lights and mediums,
3.75a4.O0; heavies, 3.25a3.75; pigs, 3.5Oa
400; roughs. 200a2.75; calves, 300a
$50; lambs, 300a8.00.
Fruits-Watermelons Florida, 200;
strawberries, 4.00a700; apples, bushel
baskets, 1.00a1.25; box stock, 200a225;
oranges, Florida, 350a450; California,
275a300; alligator pears, 300a3 so;
pineapples, 2.50a3.00; grapes, Almeria,
1.75a200; bananas, 1.00a200; lemons,
4.00a4.50; honeydews, Chile, ESQ; lines,
per 100. 200; rhubarb, homegrown, per
dozen, CO.
Vegetables - Potatoes, Maine, 100
pound sacks, 1885; New York, 1.25; new
Florida, per barrel, 800a8.50 Idaho
Bakers, 100-pound sacks. $50; carrots,
Texas, 350a4.00; beets, 225a3.00 4;
spinach, 65a90 kale, 24a40; lettuce,
Iceberg. 3.25a350; peas, California,
2.00a250; South Carolina, 1.50a1. rs !;
string beans, 4.50a600; wax beans, 300a
$50; broccoli, 3.50a375; cabbage, new,
1.25; turnips, so; eggplant, 3.00a3 SO;
lima beans, 500; peppers, 4.00a450; to-
matoes, 3-pan containers, 1.50a3 90.
Evening star., 1932-04-29
EARNINGS REPORTED.

NEW YORK, April 2e GP).-Julius
KaySer g. Co. reports for the quarter
ended March 81 net loss Of $50, ,256.
compared with net loss of S52,221 in
tn 1881 quarter. For the nine months
ended March 81 the company had net
income of Sl15,593, against S57l ,097 in
the like period of the previous fiscal
year.
The International Silver Co. reports
for the quarter ended March 81 net loss
of S46l ,808, compared with net loss of
$l48,947 in the first quarter of 1881.
Kresge Department Stores. Inc, re-
ports for the year ended January 81,
1882, net profit of 1928, ,49G, before loss
. on sale S. S. kresge of capital stock
and accounts and notes receivable of
the Kresge Department Store Corpora
ton amounting to S1,767 .624 which was
charged against surplus. In the year
ended January 81, 1882, the company
had a deficit of $605,0
Net income of Continental Baking
Corporation for the Is weeks ended
April 9 was S712.173, compared with
1922, 383 in the comparable period of
1881.
REQ Motor Car Co. had first quarter
net loss of s753,277, against loss of
$420832 in the same quarter of last
year.
Pierce Petroleum Corporation had
first quarter net loss of S13,l41, con-
trasting with net income OF Sl45, ,424 a
year ago
Evening star., 1932-04-29
STOCKS DEPRESSED
|. TO NEW LOW MARK
Market Shows Only Feeble
RaIIying Tendency Under
Heavy Selling.
BY GEORGE T. HUGHES.

Special Dispatch to The Star.
NEW YORK, April 29.-Interrupted
only by feeble rally around midday.
stocks steadily sagged in today's market
and closed at the lows.
Although trading was moderate in
volume, bids were sufficiently scaled
down to cause two groups. the indus
trials and public utilities. to establish
new low levels for the bear market.
Rail shares also declined, but their
losses were not sufficient to carry them
down to the low point reached on
April l3.
The uncertainties Of the tax and
economy program at Washington served
to start stocks downward at the open-
ing. AS the session progressed the mar
ket came under the influence of a severe
break in cotton and declines in other
commodities, including grain. sugar,
coffee, silk, hides, silver, rubber and
cocoa.
Losses in stocks ranged from l to 8
points. Active industrials, weakest of
all groups, were down l to 3 points.
Allied Chemical lost over 2 points.
United States Steel common yielded
fractionally, but the preferred at 70
was down more than , points American
Can and Eastman Kodak were weak.
Among the utilities American TeIe-
phone & Telegraph and Western Union
were the only stocks to register new
lows. In the rails. Atchison bro.:e over
points, entering new low territory
Delaware & Hudson was able to show
a small net gain. Union Pacific Drop
ped about points.
The controlling influence in the mar
ket was the insurgent spirit displayed
in Congress, whose revolt against the
economy bill follows the same lines
taken against the sales tax and post
pones the prospect of a proper bal
ancing of the Government budget.
While there were suggestions. in the
prices Of railroad bonds of critical con-
ditionS surrounding a number of the
carriers, although it was known that
the Frisco's needs had been provided
for, the chief disturbing factor was
the new situation in Washington.
At the opening there was heavier
liquidation in both industrial and rail-
road shares than has appeared in some
time and the largest volume of early
transactions in two weeks. Nearly
score of prominent issues made new
low prices. The industrial average fell
well below the point reached earlier in
the month.
Evening star., 1932-04-29
sales of Stocks on New York Exchange

1890 AM........ 100000 :2G0 Noon - 100000
1870 PM........ 100000 2:lO P.M........ O0O 900
Dividend
tParty +Pus mis-
rate Payable in stock.
IN stock Plus 20 in preferred
stock Plus 80 rats
Plus Sc in stock. p Plus 2iafe " ~
Evening star., 1932-04-29
New York Cotton
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, April 29.-Cotton prices
declined sharply today as a direct re-
suit of the breaking of the drought il
the Southwest, weakness in outside
markets and unfavorable reports from
dry goods quarters.
The list broke into new low territory
for the month under a large volume of
business, selling by the trade becoming
feature of the market Prices closed
25 to 80 points lower than yesterday.
Spots were reduced 80 points to 585.
Cotton range.