The Waterbury Democrat., 1933-01-28
Numerous Adverse
 Factors Did Work
 Against The Market
United States Steel Dividend May Be Changed When Directors Meet Next Tuesday, Therefore Prices Slipped Badly

ferred dividend would be changed when directors meet Tuesday. Some anticipated reduction of 50 per cent from the @ present annual rate; others predicted omission.
 The steel discussion affected shares of that company. Steel come mon broke below 28 while the preferred lost nearly points. Acs ton of these issues unsettled the whole market.
 Further selling in the tobaccos, weakness In amusement stocks and bonds and irrcgularity in rails were other unsettling factors lwith- in the market. outside of stocks. German bonds broko oh resigna. ton of the cabinet; the dollar dipped in relation to other curren. cies; car ioadings declined 9.sSS cars from the preceding week al. though the comparison with 1oS2 was considered favorable: and small declines were noted In grains and. cotton.
 On the favorable side were re- ports of improved. sentiment in wholesale and retail trade: O rise city at Youngstown district steel IElktk8s improvements Ah s0AhVN0 oSS- tions of the motor industry aside from Ford, now in difiicuities bee cause of strike in one of the plants supplying Ford bodies; few CT bank closings in the past week.
 Behaviour of the railroad shares was considered favorable. Several registered fractional gains. Others held steady. New York & Harlems an inactive issue and wide mover, Jumped 2 points to 119 for no par. ticular reason.
 Utility issues ruled around the rreviouB close. American Telephone dipped below 1O5 ncar tho close, against a previous close of 100 3-4.
 Farm equipments cased off with wheat. American Sumatra Tobacco moved up while the major tobacco shares declined. American Can, Westinghouse Electric and other leading industriais were lower.
 General Motors dipped 3-S to close at 13 IA, its low for the ses- sion despite several favorable items in connection with the compsny' General Motors reported its em- pioyes in the United states in- creased 12,649 during December and 2e,376 for the past months: The president of Chevrolet told Dow-Jones today January prodnc- ton would run to 62,000 units. the best monthly total since July' 1881. .... against 386,S77 sharos last satur- day. ...,,.o., ovara~ ~es. indugtrial eo.71 off org: railroad ss.13 off o.3C: utility 27.2s off 0.16. . .n leading issues was $b, 5,701,136. against $6,530,223,4o6 yesterday a decline of s64,522,26o.
 CAR LoADTNGS.
 washington, Jan. 28- (UP)-- The .American Railway association to day reported that revenue freisht cafloadings for the week ended Jan, 21 were 496,434 carss a decrease of 9,SS8 from the pre- ceding week and 06,GB7 below the correspe endent week ip 1882.
 Miscellaneous Freight tota led iB7,4f1 cars 0 weeks decrease or 2,sS4 and 2e,539 under the core. snondink week last year.
 Less than carload freight totoled te0,29o cars, an increase of 1,403 above the previous week, but a decrease of 28,221 under the cor. responding week last year.
 BRADsTREET REPORT.
 New York, Jan. 2S---(UP)-Fol. lowing is the daily index of 30 basic commodities compiled scien. tihcally by Brndstreets weekly. with comparisons:
 (10So-1032 average 10O)
 To-day ............... 80.04
 Yesterday ........... 60.23
 Week ago ........... GS.86
 Year ago ............. 81.25 Copyright, 1888, by Bradstreet's
 Weekly