davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-04-17
WHEAT VALUES DROP
ON WEATHER REPORTS
Expectation That Drought Condi.
tions May Soon End Proves De-
pressing to Market.
BY the Associated Press.

BY the Associated Press
CHICAGO, April I6.-Dominated by
weather uncertainties in drought dis
tricts. wheat prices went doWnhilI today.
Chances that a more or less wide
spread breakup of drought conditions
would take place by Monday was gen.
orally deemed sufficient to make new
buying hazardous at present Mean
while export call for North American
wheat was only fair, although Ger
many was credited with some purchas-
ing from Canada, and a much better
demand next week wes predicted.
With the forecast pointing to possible
additional moisture in drought sections
over the week end, wheat bears had a
distinct advantage. Setbacks in securi-
ties acted also at times as a weight on
grain values. On the other hand. un-
favorable crop adviceS continued to
pour in from the Southwest and West.
Bulls contended that only copious
rains soon would avert a crop disaster
1t was asserted in some quarters. too,
that the exportable surplus from this
seasons domestic Winter crop had al
ready been reduced to a minimum
Under such circumstances offerings of
future deliveries were relatively scarce
and price doWnturns lacked any great
momentum, but rallies were also with
out much impetus. Corn and oats
paralleled the changes in wheat.
~, .s-s- L
Evening star., 1932-04-17
SECURITY MARKETS
BRACED BY BETTER
CREDIT CONDITIONS
Continued From First Page. }

Continued From First Page.)
out of the desperate economic and So
Cial conditions. 1t is one of the most
serious of the new factors overshadow-
ing the general situation. Europe is
Watching 1t with deep concern, for if
there Is any concession to the present
imitation group In Congress IL will be
followed by heavy Withdrawals of gold
from this country and the probable
abandonment of the gold standard as a
measure of defense.
With the facilities accorded to the
banks under the Glass -Steagall bill and
the loosenlng of credit conditions
through the new Federal Reserve policy,
1t Is reasonable to expect a more liberal
participation by lending institutions in
normal business risks. especially since
the attitude of depoitors is now a con-
fldeht one. as illustrated in the return
OF $250,000, 900 of boarded money since
the 1st of February.
Commodities have been making a
better showing than securities. AL
though they react slightly from week
to week, there have been none of the
abrupt declines in them that character
lied their performances last year. 1t
may be said that they are fairly well
bbdOlllLtQ.
The index of business shows a steady
but Slightly recession. While there has
been no advance in 1t this month, as
there was in the Spring of 1880 and
1881, 1t appears to be scraping bottom
at level about As per cent under nor
NAL Corporation reports for the FIRST
quarter OF this year, to appear shortly,
Will reveal In most cases smaller earn
ings than in the last three months of
1891 and indicate the necessity for
further dividend reductions.
Dividend payments are already off
an average OF so per cent from the
peak in March, 1890. With reductions
In salartes and In wages this helps TO
explain the low purchasing power of the
public. as reflected most visibly in the
decline In retail trade. It Is one rea-
son why Congress should give as much
attention to promoting a policy of
economy In Government operations as
to insisting on higher scale of taxa
tion In order to balance the Govern
ment budget. The resistance of this
body to any suggestion that will affect
It's own pocket or that OF its ONCE
holding constituency must be broken
down BY the force Of public opinion.
copyrisht. issa.
Evening star., 1932-04-17
TRUCK AND Raj.
SERVICES PUSHED
Nations Carriers Are MAKING
Stronger Bid for High
way Business.
BY BRADLEY w. TRENT.

Special Dispatch to The star.
NEW YORK, April l6.-Fighting fire
With fire. the railroads steadily are be-.
coming converted to the eombinatio9
Of truck and rail service as one Of til,
pest weapons in their battle against
highway competition
This week one of the large East@ n
systems. the Boston & Maine, inaug-
urated the sto~e-door pickup and "a
livery III 90 of the cities on its lin81.
II is significant of the spread of tA
pan o. action which began on a bfoaA
experimental scale in the Southwest las6A
Summer
The Boston e. Names decision, like
that OF some OF the Western roads. was
designed not only to recapture some Of
the business that had been turned over
10 truck lines. but also to broaden the
effective cOverage of their traffic solicit
tatlOn forces by employing local truck
men to perform the pickup and dellv-
cry service
The Atchison, Topeka &, Santa Fe Is
one OF the roads arranging with local
tluckmen IN each town TO collect and
distribute freight for the railroads
They serve thus as freight solicitors
against the over-the-~oad truck con-
Germs, President W. B. Storey pointed
out.
When the store-door service is in
cluded in the regular tariff. or in a fiat
charge and Is provided by local truck
men under contract 18th the railroads,
there are opportunities for abuses which
have hindercd adoption Of tho plan in
some cities Vh9re competition Is espc-
cially keen. Secret rebates. for example,
might be offered by the trucker. The
solution probably lies IL q cooperative
agency sucn as th, Railway EED~zss
Agency, as suggested this wreE by fred
W. Sargent president Of the Chicago
& Northwestern.
Railway EEpgess is owned BY all the
railroads with one or two exccptions)
in proportion TO the amount o. express
traffic they cary priC- to the time when
they took over the American Railway
Express few years age. To provide
sLore-dOOr pickup and delivery on
freight by this company would probably
be inequitable, because the share in such
service would not be the came as in
the express bUginesg. A corporation on
similar cooperative lines, however,
might be advised
Even with rail service to or from his
door. the shipper still is offered strong
temptation to use trunk lines These
cite among their advantages the saving
in handling and packing costs and
f1eXibility Of time schedule that is hard
ly approached by the railroads.
Copyrisht, 1882
Evening star., 1932-04-17
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, April 16.-The follow
ing is today's summary of important
corporation news prepared by Standard
Statistics Co. Inc, New York, for the
Associated press.
News Trend.
Last weeks business activity in prin-
cipal industrial communities has con-
tinued marking time to the unsettled
state faffairs in Congress. Improve
ment. II any. continues to be restrained
by reluctance of manufacturers to ex-
tend accounts, the hesitancy of banks
in advancing accommodations and the
slow liquidation of outstanding accounts
Steel mills are currently operating
around % per cent 1t is expected that
present low volume of orders will swell
on new automobile business. Resufnp-
ton of Pittsburgh rail mills is for a
limited period Safety glass for auto
mobiles, paints and paint materials have
enjoyed slight expansion in the past
week Moderate increase in crude oil
production was substantially a result of
an advance in prices paid by reflners.
Barker Bros. deficit, quarter ended
March 81, 1882, s75, ABS VS.. net income
S58 327 equal to cents a common share
900 car men to take 1212 per cent cut.
First National Stores, Inc, sales five
weeks ended March 26 of So per cent.
Kenneeott Copper 1881 common share
earnings before adjustment charged to
surplus Al cents, VS.. 1856.
Richheld Oil of California. subsidiary
Richfield Oil of New York. advances
tank car gasoline price u cent to 7
cents a gallon. fob Bayonhe, N. j.
Sinclair Consolidated Oil deficit, 13
months ended January 81. 1882, S22,-
0l0, 172; net income, including profit on
sale Of assets. year ended December 81,
1880. s19,634,119, equal to s301 COM
mon share; sells Earlsboro- Oklahoma
City Pipe Line to Phillips Petroleum
Co, subsidiary.
common dividend; last payment. 25
cents a share.
Superheater Co. common share earn
ings quarter ended March 81, 1892, 13
cents.
SyHington Co.. deficit quarter ended
March 81. 1882. s59,077, VS.. deficit
$SI372.
Warner -Quinlan Co. advances tank
car. tank wagon and service station
price Of gasoline. y cent gallon
Du Pont tE. L. de Nemours & Co.
earned "a cents in first quarter on
average number of common shares out
standing. VS.. 81 o1 in like 1881 quarter;
excluding income from General Motors
Investment, first quarter results were 90
cents share, VS.. 33 cents.
Middle west Utilities Co.-Samuel
White appointed receiver for three sub
sidiaries by Federal court. Chicago.
Gould Coupler Co. deficit. quarter
ended March 81, 1882, slO5,996, VS..
deficit s94,763
Evening star., 1932-04-17
CANADA IS PLANNING
AID FOR UNEMPLOYED
Government Stands Ready to Give
Further Help in Cases of
Emergency.
Special Dispatch TO The star.

Special Dispatch to The star
TORONTO, April le.-Now that the
passing of the federal budget remains
a mere matter of form, Canadian in
terest centers In unemployment re-
lief, in the Dominions changing ex-
port trade, and in the world wheat
prospects.
Public works undertaken with the
financial aid of the Dominion govern
ment will cease on the first of May.
After that date the federal govern
ment will cease to aid the provinces
and municipalities in such efforts and
will conflne its assistance to direct re-
lief dealing with emergency situations,
such as cases of crop failure.
Exports from Canada to the United
Kingdom show a marked improvement
for the first quarter. when 43,536 hun
dredweight of bacon and 23,464 hun
dredweight of hams were shipped as
compared with 1857 and 13,412. re-
spectively, in the corresponding three
months of last year. At the same time
1892 hundredweight of cheese was
shipped against 327g in the CORE
spending period of 1881. and 51,252
hundredweight of salmon against rs 1893
year ago
During March Canadian exports of
wheat to the Liverpool market amounted
to 2,460,228 hundredweight compared
with 1,sB2.913 in March last year
This improvement in grain shipment
does not arouse any extravagant hopes
here. Both Australia and Argentina
exported more wheat to the United
Kingdom in March than did this eoun-
try. In that month Canada's total
exports of wheat to various countries
fell to 12.343, ,283 bushels from the 49,
49l 800 in March of 1881.
Copyright, 1927
Evening star., 1932-04-17
BOND PRICES GAIN
STEADY BUYING
Utilities in Leadership as
Market Pursues Its Re-
cent Uptrend.
BY VICTOR EUBANK,
Associated Press Financial Writer,


NEW YORK, April 16-The bond
market continued to advance on broad
front today with the utilities again step
ping into the leadership of the cor
porate classes.
= While the United States Government
list was comparatively steady, the ac-
tivity in this department slackened
somewhat and several of the Treasury
loans showed fractional losses which
were generally attributed to week end
prunt>teking.
Signs OF easier money conditions,
END the final disposal of the Middle
West Utilities Co. situation, which had
been overhanging the market for some
time, were given credit for the better
tone which came into the trading yes
terday and continued today. At the
same time dealers pointed out that
numerous issues have been selling at
less than receivership prices and that
some recovery was only natural.
Among the utilities that moved up
from fractions to 2 or more points were
American & Foreign Power 5s, most of
the American Telephone liens, Cincin-
natl Gas As. Consolidated Gas 512s.
Detroit Edison 4 2S, Columbia Gas 5s,
International Telephone debenture 5s,
Kansas Gas AIS. Pacific Gas 5s and a
number of others.
Substantial gains were recorded by
the railroads, especially the w-priced
ones that have recently been under
pressure. Advances of from l to 2
points were shown bv some bonds of
Baltimore S5 Ohio. Chicago & North
western, Missouri Pacific. Nickel Plate
and Frisco. The high-grade Atchison
As and the Chesapeake g. Ohio AIS
also climbed a point or more
Many of the industrials improved in
Guiding loans of Armour g. Co., Chile
Copper, Dodge Bros, and Goodyear.
The foreign section was firm. espe-
cially the Germans, japanese, British,
French, italian and some of the South
Americans.
Evening star., 1932-04-17
Commodity Price
Trends of Week
BY II. n. McGILL,
OF the Mcein commodlty seryI,

OF the McGill Commodity Service. Inc.
AUBURNDALE, Mass, April Is P).-
Commodity prices did not follow the
downward trend of the security mar
kets during the past week, and failed
to register decline for the first time
in several weeks.
The index for all commodities re-
manned the same as in the previous
week with 5 groups out of the IA show
Ing an upturn, while were lower and
3 remained the same
Industrial prices continued the slight
upward trend which was noted last
week. Fuels, paper and fine textiles
were higher, with hides and leather,
non-ferrous metals. paint materials,
coarse textiles and vegetable oils slight
ly lower The halting Of the down.
ward trend in industrial prices is en-
oourasing, and this index will be
watched closely from now on in noting
the eHect OF th.e renewed efforts CT the
teoerGl Reserve System TO strengthen
commodity prices.
The easy money policy and the open
market purchases of Government bonds
inaNgurated several weeks ago have 40
far failed in the desired effect of en-
couraging member banks to expand
credits. Now it is announced that this
policy will be undertaken with renewed
vigor, not only increasing purchases of
Government bonds, but lowering inter-
est and discount rates.
Business activity during the month of
March was only slightly below that of
February, and for tie first three months
Of this year has shown only a small re-
cession. The aggressive plans of the
Federal Reserve System, backed by all
the forces at the command of the ad-
ministration, coming as they do at a
time Of small decline in industrial ac-
tivity may mark the turning point in
this depression.
Agricultural prices recorded a frac-
tional advance over the low point estab-
lished last week. The spectacular ad-
vance in wheat was the outstanding
change which was the result of reports
of severe damage TO Winter wheat,
which ut this time indicates o a per
Evening star., 1932-04-17
Banks Buying Securities.

NEW YORK. April Is (SpeciaD -
The change in the market for high
grade bonds is largely due to buying
for the account of banks. This has
followed the easy credit policy of the
Federal Reserve, of which the decline in
acceptances is a phase. resulting in the
small earning power of banks in regular
channels and compelling them to seek
employment for their funds in the in
vestnent market. Along with this has
been less pressure by the banks against
borrowers on good collateral. The ex-
tent to which the rally may proceed will
depend on a continuation of this same
kind of buying, although again. as in
January and February dealers may be
more disposed to take a position in
bonds if they see substantial leader
ship coming from the banks.
Evening star., 1932-04-17
Time Money Rates Easier.

NEW YORK, April Is (speoiaD -
Rates for time money declined sharply
during the latter part of this week.
Those for so days and 80 days are now
quoted at to az per cent Compared
With 2ls per cent to 3 per cent on
thursday. 1t Is possible to borrow on
October maturities at approximately the
same rate quoted for call loans In the
street. The increase in the amount of
time money and the lower rate have
come about since the Federal Reserve
credit policy was announced, The new
rate has not induced any additional wall
Street borrowing. but is expected to be
taken advantage of gradually by COM
mercial interests.
Evening star., 1932-04-17
Decline in Preferreds.

NEW YORK, April 1s (speciaD -
The Stock Exchange Bulletin issued to-
day shows that, as of April /, the aver
age price of 447 listed preferred shares
was 1854. On March l it was $3.50.
The drop in common stocks during the
same period was from s19.80 to $1698.
This confirms the fact already stated that
1atterly it has been the weakness in
senior stocks, rather than in junior is
sues, that has been the most disturbing
influence on investors. Between the 1st
If April and Thursday of this week there
was further decline in preferred shares
of a substantial amount. Since then a
rapid recovery in the members of the
public utility group has occurred.
Evening star., 1932-04-17
POTATO MARKET.

CHICAGO, April 16 Up Omitted
States Department of Agricultural -
Potatoes. 105. on track, $50 old. IT new
total United States shipments, 1888; dull,
trading slow, supplies liberal sacked
per hundredweight; Wisconsin round
whites No. l, 75a85; unclassifled mostly
70; Minnesota. North Dakota Red River
Ohios, 90a1 90; Idaho Russets No. l..
trading slow, supplies moderate; Texas
Bliss Triumphs United States No. l.
fine quality and condition $50; United
States No. /, 1ib inches, minimum, 525
a3.35.
Evening star., 1932-04-17
HAS NEW QUARTERS.

NEW YORK, April 16 (5peciaD -
The Advc@tisi~g r. eration Of America,
nationsl orgcniE- .;cn Of all branches of
the advertising profession In the United
States, has leaCed space in the twenty
second floor OF the new McGraw-Hill
Buildirg. No $50 Wet Forty-sceond
Gtreet, this CITY. Announcement OF the
lease was made today by e. .. Conkl!n,
president Of the 542 West Forty-second
Street Corporation. operator OF the
building,
Evening star., 1932-04-17
Short Trading Reduced.

NEW YORK, April 10 R).-The per-
centage of "in and out" short trading
to the total turnover on the New York
Stock Exchange was reduced last
month to 568 per cent, according to
the exchanges bulletin for April. This
compares with percentages of 63 per
cent In February and 81 per cent in
January.
Evening star., 1932-04-17

cent reduction in output. Sustained
higher prices for wheat would be re-
fiected in other grains, with resulting
increased purchasing power for the
farm population.
Most important price changes in the
McGill weekly commodity prices indices
l926-l00.
Evening star., 1932-04-17
Oil Price Advanced.

BOGOTA. Colombia, April 16 tP).-
The Tropical Oil Co., a subsidiary of
the Standard of New Jersey and the
only producing company in Colombia,
raised the oil price today to sl.21 per
barrel. 1t was the third increase in
month and brought the price to the
highest point in a year.
Evening star., 1932-04-17
War Scene Painter Dies.

Robert Gibb, the painter of famous
war pictures has died at Edinburgh,
Scotland, aged 81 His paintings have
been so popular that there have been
many reproductions of them. These in
clude THE Thin Red Line" Retreat
From Moscow" Saving the Colors" and
THE Guards at Inkerman"
Evening star., 1932-04-17
What Things Cost
STANDARD Statistics Co. N. "

NEW YORK, April Is tP)-Of the
26 important commodities in the follow
ing table, seven are higher in price than
last week. nine are lower and 10 re-
mained unchanged. -Four of the 25 are
at their high for 1882, while eight are
at their low.
Evening star., 1932-04-17
EARNINGS REPORTED

NEW YORK. April Is A).-Per share
earnings Of corporations reporting in
the past week for 1881, or the f,rst quar-
ter OF the current year, with com
parisons, included:
Evening star., 1932-04-17
SILVER QUOTATIONS..

NEW YORK, April i6 UP4-Bar silver
nrm and " higher at 2sLa.
Evening star., 1932-04-17

Dividend rates above the
'Ex-dvdend Unit PArtl,
Payable cash sto.s Pins 81 n stock h Plus a. u
Plns 81 special
Paid last year-no regular Plus . Plus
Evening star., 1932-04-17
NEW YORK STOCK EXCHANGE
-aA -

r-le32.-@ Stock Net
| High Low. Dividend Chgs
II sc Vulcan Detin pf %. 20s ests $50 esl. 8.
Evening star., 1932-04-17

u "a Vadsco Sales Corp.
20 is Nadsco Sales pf. go.
1874 IA VanadiurR Corp.
30 2bss Van Raalte 1st pr.
"a n Va-Car Chemical. -.
4la 3h Va-Car Chem 6 % pf.
3sls 20 Va Car Chem 10 pf.
sS7s 1914 Va Elec&Pw pf (6)..
Va Iron Coal & Coke.
-2S. 14h Vulcan D'tinning Cd
The Waterbury Democrat., 1932-10-28
ITALIAN WOMEN DEMOCRATS HAD 1. GOOD BIG RALLY
Met at Waverly Inn, Che shire, Last Night and Many Good Speakers Were on Hand

Mayor Frank Hayes, Town Chairman John H. Crary. Attor- ney Joseph Hackett. candidate for the senate In the 18th district and Mrs Louis Mango were the prin- cipaI speakers last night at tho dinner and rally held in the Way erly Inn under the auspices of the Italian Women's Democratic club Police and Fire Commissioner Harry Minor presided as toast master.
 The issues of the campaign were discussed by the speakers and they urged support of all the democra- tic candidates running for office this year, nationally. statewise. and locally. The gathering was largely attended.
 Those present included Mir and Mrs Louis Mango, Helen and Patsy Ciminera, Commissioner and Mrs Minor. Attorney Hackctt. Mir and Mrs Richard Geghan. MT and Mrs Crary, Mrs Domenic Altlcri. Mrs Charles Stance. Mir and Mrs Lewis Dwyer. Annette Ciminera and Jo- seph Farley. Jane E. Dillon and Thomas Patterson. Gertrude Lo-
 (Continued on Page 4)
The Waterbury Democrat., 1932-10-28
ACCUSED MAN FAILS TO SHOW
 UP IN COURT
Was Charged With At- tempting to Beat BOard- ing House and His Bond of SlOO Was Called

Antonio Vino, 33. of 16 Spring street was numbered among the missing this morning when his case was called in police court and 6 bond of $100 furnished by William Fitzpatrick of this city was de- clared forfeited. Vino Is charged with attempting to defraud the proprietor of 8 boarding house. He was arrested last August and the case was continued to permit him to make weekly payments of as little as 50 cents to satisfy the claim against him. The complain ant is a woman who depends upon the revenue of her boarding house for living.
 Nolles were netered In tho cases of Louis Weingeroff, 20. of 45f Edgewood street, Hartford, and Jo- seph DiLuberto. IS, of 45 Ash street, charged with passing red traffic lights. The case of Joseph PerazeiIa, 20, of 28 East Farm street was assigned for a hearing tomorrow morning. He is another autoist who was pnged into court for failing to observe traffic signals. The police department has two (continued on Page 4.)
The Waterbury Democrat., 1932-10-28
OLD AGE PENSION IS GIVEN BOOST AT THE
 SESSION OF EAGLES
Statewide Offensive to Force Such an Act Through the Next Ses. sion of Legislature. Was Hurried Along at Meet. ing in New Britain

The opening shot of state- wide offensive to obtain sufficient support to insure the passage of an Old Age Pension act In the 1893 session of the general assem- biy was fired last evening at big state gathering of Eagles in New Britain. State President Michael Ferris of Waterbury, State Organ izer William F. Kelly of Nauga- tuck and several other prominent officials took part in the general discussion. The principal speaker of the evening was State Senator William F.. Hagcarty of New Bril- tain. He played il prominent part in the 1331 session of the legisln- ture during which the resolution calling for the adoption of q pen- sion act was defeated by the mar gin of one vote.
 Members of tho state commit tee of the Fraternal Order of Eagles have started statewide campaign to obtain the necessary support for the success of the bill. Every candidate for state repre- sentative or senator will be ques- toned as to his stand on the ques- ton.
 The various speakers last even ing emphasized the generous sup- port that fraternal, church. social and civic organizations are lending to the movement. It is. predicted that Governor Wilbur Cross special commission headed by Att torney Charles E. Hart of this city will render a report that will be n favor Of the proposed bill.