The Waterbury Democrat., 1933-03-25
Wheat Jumped And So Did The Market
 In The Early Start
Then American Telephone Made Break and Went to
 New Low for 1883 and Whole Market Followed

regafned early losses.
 The recovery, however. lacked
 force. It probably was caused by
 moderate covering by timid shorts
 afraid to risk favorable develop,
 ments over the weekend.
 On the decline steel common
 sold at 27 3-4 of 1 1-8; Allied
 Chemical 77 Is off i 5-s; Du
 Pont 35 1-2 off 1-2; United Air
 craft 20 IA off 7-S; and corn prod
 ucts 53 off 1 1-8. All of the fore
 going except corn products rallied from the lows.
 Railroad shares came back after selling down to net losses of fracr tions to more than a point. The report on car loadings for the week ended March IS revealed q rise from the previous week of 11,899 cars to total of 449,712 cars. That was 23 per cent under the corres-
 bonding week of 1882. Increases
 were noted in, miscellaneous freight grain and graid products. forest products and livestock, while declines were made in merchandise
 in less than car load lots, coal and coke. a1'
 Steel operations at Youngstown in the coming week will be at 12 per cent of capacity, 1t was estima- ted, compared with 13 per cent in
 the current week and 1g per cent in the corresponding week of 1932.
 Some buying was noted in the
 so called "wet'' group where Men, gel Company made new high for the year. The company recently has received large orders for beer cases. Small gains also were made
 by liquid carbonic and national
 distillers.
 Further strength was displayed by traction issues on progress be- ing made in plans for unification of New York systems. Inter- borough Rapid Transit made 8 new high for the year while Brooklyn Manhattan Transit and Manhattan Railway modified guaranteed came within fractions of their best prices of the year. Traction bonds met some profit- taking in the early dealings. but rallied and held steady.
 Further selling in German bonds after yesterdays wide break feat ured the bond market. The group lost fractions to 2 points. The re- mainder of the list was irregular in a narrow range. United States issues dipped from highs after an early advance.
 Stock Sales. New York, March 25--(UP-- Stock sales on the New York Stock exchange today totaled 3S0,00O shares curb, sales were 50,0o0 shares.
 Sales totaled 3so,OOo shares against, 575,000 last Saturday. Dow.Jones preliminary averages were: Industrial 57.71 off 0.32; rail, 27.9s off 0.43; utility 21.23 off 0.07.
 Aggregate marekt value of 10 leading stocks was $4,822,174,664 against $4,S54,87s,212 yesterday, a decline of $32,703,548. Car Loadings. Washington, March 25--UP)- The American Railway association today announced that carloadings for the week of March IS increased 11,899 cars above the preceding week.
 Total loadings for the week epd- ing March IS amounted to 449,512 cars. This was a reduction of 135,- 047 cars below the corresponding week in 1892 and 291,541 cars un- der the corresponding week two years ago. a
 Miscellaneous freight loadtngs totaled 149,362 cars, an increase of 9,945 cars above the preceding week. Loadings of merchandise less than carload lot freight a. mounted to 152,825 cars, 8 decrease | of 1,598 cars below the week ehd- ing March Ii.
 Loadings of grain and grain pro- ducts, forest products, ore and livestock increased during the week | of March IS, while coal and coke loadings suffered reductions.