davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
Trade Trends

BY the Associated Press.
Bag Observation-Disclosures Of beer
and improvement in the sugar industry
have brought a considerable improve
ment in business to those sections OF
the cotton goods trade which produce
bag constructions, trade interests
assert.
Dried fruits-Latest price lists Of
jobbers show some moderate price gains
Peaches. prunes and raisins continue
generally firm.
Jewelry-Improvem in trade in
the first two months of the year was
largely Cancelled as a result of the bank
holiday in March, says Dun & Brad
street, Inc. Several manufacturers,
however, reported fair volume Of pre-
Easter buying in April, and sales In
the Middle Western territory were said
to have indicated better buying senti-
ment.
Carpet wools-Imports at Philadel-
phia last week were 383, 161 pounds
compared with 274,151 in the previous
week.
Dress goods-Figures received by SELL
ing agents indicate that frocks OF
printed sheers. woven of synthetic
yarns. are leading in retail demand at
various centers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
RAIL BONDS LEAD
IN PRICE UPTURNS.
Public Utilities List Also
Shows GainS-Foreign
Dollar Loans Lower.
BY CHARLES F. SPEARE.
Special Dispatch to The Star.

Special Dispatch TO The Star.
NEW YORK. April 27.-The move
ments in bonds today were generally
OF a moderate character, although
they included a number which lifted
prices Of rails and public utilities to
high levels for the year. The DISPOSE
ton recently shown to operate caut-
iously was again apparent and with it
some profit taking where substantial
advances had occurred in domestic
issues. Foreign dollar loans as whole
were lower.
The volume of trading was not quite
so heavy as earlier in the week. In the
first four months of this year volume
was in excess of any similar period
since 1890 Transactions recently have
been nearly double those of year ago.
This is due more to the increase in
dealings in domestic and foreign bonds
than in Government issues.
Except for a few municipal loans,
new corporation financing is at stand
still. The arrangement for renewing
enue bills improved the market for New
York City paper.
New high prices for the year were
made in International Telephone g.
Telegraph SIS and Postal Telegraph SIS
the latter crossing 80. Western Union
SIS were up points. American & For
eign Power SIS rose a point, within a
fraction of their high. North American
Edison SIS and 5l2s were both up y
point Columbia Gas & Electric IS
had a similar rise. The feature of the
utility market was the continued
strength in American Telephone &
Telegraph loans and in those of Con-
solidated Gas of New York. with ad-
vances Of - to full point.
In the rail list Southern Railway
6l2S gained points and have nearly
doubled in price recently. Erie re-
funding SIS. Chicago g. Northwestern
434s and Baltimore G. Ohio SIS were
fractionally up. Chesapeake Corpora
ton SIS lost part of Wednesdays sharp
gain. Missouri Pacific SIS were off a
point. Northern Pacific IS advanced
2 points and the Is sold above II,
while Atchison general Is, Union Pacific
As and Baltimore & Ohio As were
higher. The industrial list was irreg-
ular
The feature of the foreign dollar mar
ket was the decline below par in Belgian
government rs, which have been heavy
for the past week in contrast with the
strength in French and British bonds.
Danish issues were UP l to points
and Germans down about that amount.
The movement N United States Gov
eminent loans were of less Importance
than for several days and toward a
slightly lower level early, with some
rally later. The allotments on the new
three-year notes will be announced at
the end Of the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
SIGNS OF BUSINESS
GAINS ARE NOTED
Corporation Executives Tell Stock.
holders Of Improved Outlook
for Industry in U. s.
BY the Associated Press.

BY tho Associated breSS.
NEW YORK, April 26. - Executives
of several corporations told stockhold-
ers at annual meetings last week
that there were some encouraging signs
of business improvement for this year.
William de Kraft, chairman OF the
Finance Committee Of the United States
Rubber Co., said his company's sales In
the first half of April resumed an up
ward trend, that was interrupted by
the bank holiday, and he expected the
improvement to continue, possibly on
little broader scale in the later months
Of the year.
William C. Dickerman, president Of
the American Locomotive Co., expressed
the opinion that the railroads had
reached the end of their ability to re-
duce maintenance expenditures and he
therefore expects some locomotive orders
as the year progresses.
Other optimistic views came from
Louis S. Gates. president CT the Phelps
Dodge Corporation, copper producers
and sellers. who said to stockholders
that there are constructive events now
going on that will make for better bust
ness within the next six months" He
also expressed the opinion that the
forthcoming International Economic
Conference may bring constructive de-
velopments throughout the world.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
CURB SHARES SAG
AFTER EARLY GAINS
Public Utilities Featured,
With Price Changes Small.
Trading Light.
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, April 27.-The Curb
Exchange softened around midday to-
day after opening higher. The recess
sion, however, brought out relatively
light offerings during the early after
noon.
Public utilities featured the market
in point Of activity and steadiness dur
ing the first three hours. Electric Bond
g. Share was down only slightly during
the general sell-off, as we're American
Gas & Electric and Niagara Hudson
Power. Cities Service was just shade
lower, but Standard Oil Of Indiana
maintained its initial gain.
The better feeling toward public
utilities was directly traceable to the
small decrease in electrical output this
week. Traders have been scrutiniZing
consumption trends, for 1t is realized
that the next 10-Week period, due to
daylight savings and the general pause
that comes to trade in early Summer,
is critical for the power and light in
dustry. Then, too. these shares have
been avoided In recent sessions because
they were one group that would not
only small amount of supplies in adj
vance and their income, unlike indus
trials, is regulated.
Natural gas shares were included in
the public utility betterment because
in the last week or SO industry in
various natural gas regions has picked
up. Oils continued to reflect 1.-The dime
a barrel movement in the East Texas
field, the few isolated advances in gaso-
line or bunker fuel oil being due to
special local conditions
Reduction of the dividend Of New
York Steam common from IS to SIS
cents quarterly was watched with con-
siderable interest, since the firm is a
subsidiary Of Consolidated Gas Of New
York. whose directors met for dividend
action this afternoon.
Commonwealth Edison was off @
small fraction following publication OF
the quarterly income statement show
the first three months of last year
Pittsburgh & Lake Erie was not at once
responsive to its quarterly net income
of s244,402, against $42l,l37 in the
same period a year ago, since the
speedy improvement in the steel indus
try has greatly improved traff1c on that
carrier in recent weeks.
With all users of raw commodities
eagerly waiting for developments on
the imitation bill in Washington. the
fitful moves Of shares Of companies
dealing in commodities were readily
explainable. National Sugar Refining
was off moderately. Great Atlantic &,
Pacific Tea eased after its early bulge.
Parke-Davis, the various milk canning
and meat packing shares and other
food distributors also moved narrowly.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
Bank of England Statement.

LONDON. April 27 (P.-The weekly
statement of the Bank of England shows
the following changes. in pounds: To-
tai reserve increased 5,746,000; circula-
ton decreased 247.O 00 bullion increased
5.498. OOO other securities decreased s.
900, 900: public deposit decreased $685.
600; other deposits increased l6, 23l 600;
notes reserve increased 100000: gov
eminent securities increased 6,342 600.
The proportion of the banks reserve
TO liability is 4583 per cent, compared
with 44.42 last week.
Rate of discount. 2 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
CLEVELAND TRUST co.
HEADS OHIO BANK LIST

The Cleveland Trust Co., largest bank
in the State Of Ohio. was one OF the
first institutions licensed to reopen on
March 10, immediately after the terml-
nation of the recent banking holiday.
As q member Of the Federal Reserve
system, the Cleveland Trust Co: has
grown steadily. 1t has capital and sur
p!us Of s23, 0O0, 900 and many depositors
located throughout the country are
making use OF its splendid services
Col. Leonard P. Ayres, vice president OF
this institution, enjoys an international
reputation as an economist and author
ity on banking.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, April 27-Following is
today's summary Of corporation news
prepared by Standard Statistics Co. Inc,
New York, for the Associated Press.
Automobiles and Trucks.
Graham-Paige Motors Corporation
President said company should be able
to show a small profit and improve its
cash position on sales of $4,000 cars
year; it is expected volume this year
will reach 10000 to $4,000 cars; ship
ments in quarter ended March 81,
totaled 1907 cars; proposes to change
authorized common stock from 100000
shares to $4,000 shares. each three
present shares to be exchanged for one
new share.
Studebaker OBSERVATION-DISCLOSURES
approved increase in authorized common
stock to 3,125,000 shares from 100000
shares ard also authorized directors to
make SIS, 625, 900 6 per cent notes con-
veFtible into common stock at any time
after December /, 1884, and prior to
maturity at rate Of one share OF stock
for each $25 Of notes.
Building, Real Estate and Related Lines.
Sherwin Williams Co. Directors
passed quarterly dividend on common
STOCK last payment on which was Is
cents on February IS.
Chemicals and Fertilizers.
Atlas. Powder Co.-Deficit, quarter
ended March 81, s8,o3l VS.. deficit
s79,230.
Hercules Powder Co. preferred share
earnings, quarter ended March 81,
S2l4 VS.. 80 cents.
Coal and Coke.
Island Greek Coal Co.. common share
earnings, quarter ended March 81,
were 19 cents VS.. 48 cents.
Electrical Equipment and Radio.
Crosley Radio Corporation reported
company has increased production OF
its electric refrigerators to about 400
units a day and that 1t is about 10
days behind on orders; radio business
for the year is said to be running
ahead Of 1882 period.
Food Products.
Canada Dry Ginger Ale, Inc, common
share earnings, 6 months ended March
81, 18 cents VS.. cents.
Metals mon -ferrous).
General Gable Corporation deficit.
quarter ended March 81, s976,97S VS..
deficit $850,169
Miscellaneous.
National Casket Co. declared semi
annual dividend of 81 on common
stock; previous distribution on COM
mon stock was $3.50 share on No
vennber Is, 1882.
Railroad and Railroad Equipment.
Ann Arbor R. R. March net operating
income $l,430 VS.. net of 100; three
months operating deficit S38,57l VS.. net
income of $4,000.
Baltimore Ohio R. r. asked I. c. c.
for permission nominally to issue ST.
800 900 of refunding and general mort
gage per cent bonds and to pledge
them as security for short-term notes.
Chicago, Rock Island e. Pacific Ry.-
Interest due May l will be paid on Az
per cent convertible bonds of 1850;
understood company will be able to
meet financial requirements until July
/: company has applied to railroad
Credit Corporation for loan to take care
of obligations due that date.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
Salary Reductions Ordered.

NEW YORK, April q (SpeciaD :
The board of directors Of the New YORK
Life Insurance Co. at its meeting April
II approved the recommendation OF its
committees to reduce the salaries OF its
officers and employees in the home ONCE
and in it's branch offices throughout the
country The reductions are from 10
DER cent as related to the presidents
salary down to S per cent in the lower
salaries, with an exemption of $4,000.
1t was announced that the total salary
of the executive staff had been reduced
20 per cent within the last IL months
by reduction in the number of executives.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
BALTIMORE TELEPHONE
REVENUES ON DECREASE
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE. April 27.-Net operat-
ing income Of the Chesapeake 81 Po-
tomac Telephone Co. Of Baltimore City
in March showed a decrease OF s89,818
from the same month in 1892, the re-
port Of operations Just filed with the
Maryland Public Service Commission
shows
Operating revenues in March were
$l,005,002 as compared with $l,l30,563
last year, decrease of Sl25,56l. Oper-
ating expenses were s690,666 as COM
pared with $720,785 for March, 1882.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27

Dividend rates in dollars based on last
quarterly or semi-annual payment sEx
diyiden6. tPartly extra. tPlus A. in stock.
PAYABLE IN cash or stock. Payable in
stock. Adjustment dividend. Plus So
IN stock gPlus 6f. in stock Plus IL
IN STOCK Plus in stock. K Plus l0%
IN STOCK. m Plus 80 in stock. Plus 50
In STOCK Paid last year-no regular rate
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
New York Cotton

Special Dispatch to The Star.
NEW YORK. April 27.-Opening
cotton prices on the local exchange
today were unchanged to points
lower. In Liverpool prices declined l
to points in moderate trading.
First quotations were: May, 745, of
2: July, 759, OF /; october. 7.sl. I'M
changed; December, 7.s5. of /; Janu-
airy, sos, unchanged; March, $40, I'M
changed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27


Benef Loan IS '46.
Berlin Cy Ell IS SIS. L
Berlin 61z s so. :. l
Berlin C Ell 6hs'51 /
Berlin C FL 61a $50.
Beth Stl pm SIS '36.
Beth Stl RI 5s a..
Bolivia Is SO. ..... 2!
Bolivia IS Al. 2
Bordeaux IS "a.
Bos & Me AZ SCI J.
Bos & Me SIS 81. /.
Brazil 61as '26-'57. 4!
Brazil 6 '27-'57. s.
Brazil c r rs 80. E. /.
Brazil IS Al.
Bremen Is '35.
Bklyn Ed IS A 40.
Bklyn Elev 6hs. l,
Bklyn Man IS A IS 2.
Bklyn Tn Gas $3.50
Bklyn UnGas 5s'57. II
Budapest 6s So.
Buenos A r IS 81.
b r & Pitts 4hs'57
Bush Ter con 5s'55.
Calf Packing 5s'40
Ca NADIA IS so. 80.
Canada ~ s IS.
Canada 5s'52. ..... 81
Can Nat Ry AZ ssh
Can Nat Ry 4hs'56
! Can Nat Ry 4las'6S
Can Nat IS SO July !!
Can Nat 5s SO Oct.
Can Nat Ry SIS 10.
Can Nor Az S as.
Can Nor db 6H s'46. +
Can Nor deb Is 40. q
Can Pac deb.4s. -. 2.
Can Pac ~ s '46. :
Can Pac SIS "a. -.
Cent Ga en- IS AS. :.
Cent Pac LIST IS '49.
Cent Pac So so.
Cen Ry NJ gn 5s's7
Cert-td db 5 u s "a. /;
Ches Corp IS ~. Il
10 gen as '92. l!
c & o AZ s B '95.
C & o con IS 80. -. !!
c B & Q gn Is S..
CB&Q Ill IS 40. -.
Chi & Est Ill 5s'51.
Chi GRIT West 1859.
Chi Ind&L gn 5s'66
c NJ & SIP gn 1889. i
Chi M&StP AVS E.
C NJ StP&P So rs. Il
CM&StP ad IS 1000 81
Chi&NW Ans 2037. /.
Chi&NW Az sC'37. !:
Chi & NV ~ '49. 6!
Chi & NV 6has '36. :
Chi RIP RI IS "a.
Chi r / & p AZ $50
Chi r Ans go. -. 81
CTH&SE LIST $3.50. /!
CTH&SE in So 80.
Chi Tin Sta ans '63
Chi Tn st SIS "a. =.
Chi Tn Sta SIS B'63. /!
Chi Tn Sta 81. s'63.
CO w Ind en- 1852.
Childs deb IS e..
| Chile IS 80. .......
| Chile IS 81 Jan. 80.
Chile 6s 81 Sept. .. IL
Chile IS SO.
Chile IS SO. {
Chile Cop db So AZ. ::
Chi Mtg Blk 6%'61. i.
Gin Un Tim IS 1920
CCC&St L AZ sE'77
Clev Term Ans IT.
Clev Term SIS B '73.
Cologne 6 Il 80.
Colomb 6s 81 Jan.
Colomb IS 81 Oct.
Colo G. Sou AZ s 80 II
Col G&E SIS so May
Col Gas & f IS 81. l!
Com Inves 5 II s 40. IA.
Con G NY 4hs'51.
Con Gas N Y IS ST.
Con G NY 5 Us As. Il
Con P Jap 6h so.
Con Pow Jap Is ~.
Copenhag 4hs'53.
Copenhag SIS 50. Il
Cuba S As.
Cuba r r 1st SIS $50
Cuba RR IF ~ s'36
Cuba Nor 5 II s ~. 2.
Czecho IS 81. ..... +:
CZecho IS 50. ]
Del&Hud ref IS 40
Del & Hud 8 " $ 81. !
Denmark AZ $ g..
Denmark 512 So. :
Denmark 6s AZ -. l
D& RGr en- As '36. 4.
D&R Gr An s SO.
RIG w IS 'b5.
D&RG w SIS rs. l!
Det Ed ANS D 81.
Det Edison RI 5s'49
bet Edison IS So.
Dodge Bros 6s 90.
Bonner Stl Is az.
Duouesne4 y sA'67.
DEI5hs '53 Mar.
DEI5lzs SO Nov.
Dutch East | 6s'47. il
Dutch Ea st I 6s'62.
Erie Con 4s IS. -.
Erie CIV As A So.
Erie As 3 SO.
Erie gen IS 'S6....
Erie ref IS ST. q
Erie ref s. rs. IL
Fiat deb Is '46. 80.
Finland 51k S IS.
Finland IS AS.
Finland 6 NJ IS. 2
Finland Is so. 80.
Fisk Rub IS Al.
Fran Ind 7hs42
French CIV Is 40.
French CIV s'41.
GelSenk men oS 81
Gen Baking S " $40
Gen Cable 5 y s At.
Ger Cent Blk 6s'38.
Ger Cen Blk IS so J
Ger Cen Blk IS 60 o 2
Ger Cen Blk Is so. q
Ger Gen Elec 6s'4S. II
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
Business Notes

NEW YORK, April 27.-Dealers re-
port an increasing demand for decora-
tive home utensils in aluminium, includ-
ing such items as relish bowls, ice
buckets and candy trays.
The opening day Of the dropped"
pattern sale by manufacturers was
marked by active buying in many
branches Of hard-surface floor cover
ings, trade authorities report.
The sharp advance in sterling agains.
the dollar has had the effect of lifting
burlap prices, and . broad buying move
ment has been noted during the past
week. Spot prices have risen Is to 40
points, while Calcutta advanced the
equivalent Of about 80 points.
Prices on print cloths have been
marked up about ls cent on all con-
structions following yesterdays sharp
advance in the price Of raw cotton.
Retail mems clothing stores are said
to have placed a considerable amount
of advance business on Fall furnishings
during the past week. Such buying is
earlier than usual and Is attributed to a
belief among merchants that higher
prices are inevitable under the infla-
tionary prospects.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
CHICAGO DAIRY MARKET.

CHICAGO. April 81 R.-Butter.
l0,0o7, unsettled; creamery specials 1913
score), 2llaa22; extras, (92). 81; extra
firsts t90-9D. 20%: firsts (88-89), 20h2;
standards go centralized carlots), 21E2
Eggs. 42,106. Arm: extra firsts. 14H;
ceipts, 12s4: storage packed firsts. 1914;
storage packed extras, 15l2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
Washington Stock Exchange

SAIIES.
Wash. Gas IS 60-$1 900 at 1903.
Wash. r. & E. pfd.-l0 at 81.
Mergenthaler Linotype-8 at 241s, 10
at 241s, 10 at 2414.
AFTER CALL.
Wash. Gas IS B-s1 900 a. 103la.
Wash. Gas IS '60-Sl 900 at 1903. 81 900
at 1903, $500 at 103. $500 at 1903;
Pot Elec. IS 1851 900 at 1861.
Wash. Gas SIS l958-Sa00 at 81.
GecrEetown Gas 5s-S1 900 at 1924.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
N. Y. CURB MARKET
Received BY Wire Direct

Stock and Sale
Dividend Rate. Add co. High. Low. Close.
Reybarn. ......... l IN IL ~
Richmond Rad C pr 1855 " IN ~
Roam Antelope. 6 1lh III liz
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-27
PARIS B0URsE PRICES.

PARIS. April u P-Three per cent
rentes, So francs 40 centimes; Az per
cent rentes. $3.50.
Exchange on London, $685.. The dol
lar was quoted at 5000.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-06-16
RETAIL CLERKS
Organize Twenty Stores In
St. Joseph, Mo.

ST. Joseph, Mo.-Practically the en-
tire sales force of the Derge-Boden-
hausen Clothing Company, one of the
most important business establish
ments here, have become members of
the Retail Clerks Union, organized
a few months ago.
Webb Scanlan, president of the un-
ion, in a talk before the Central La
Dor Council, reported that, starting
with three stores and eight members,
twenty stores had signed up, one of
them being the largest in the city.
Our grievance is not SO much pay
as hours" Scanlan said. "We are at
tempting to prevent reaction in this
city to longer hours of employment
in commercial establishments"
He asked for the help of every
union man in st. Joseph, claiming
that with the purchasing power of
organized labor to back them up the
clerks union would go over with
bang.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-06-16
HIGH WAGES
Advocated By international
Labor Office Head

Geneva (ILNS)-High wages as
the basis for prosperity are advocat-
ed by Harold Butler, new director of
the international Labor Office, in his
annual report. The report and the
question of curing and preventing
unemployment by shortening the work
day and week will be among the SUBJ
jects taken up at the annual confer
ence of the labor office. The United
States will be represented by four
observers, of which one is Hugh
Frayne, New York representative of
the American Federation of Labor.
Results of the failure to maintain
and increase wages in the United
States are held up by Butler as
reason for continued faith in the high
wage theory. He produces figures to
show that both nominal and real
wages have fallen in the last few
years in the United States far more
than elsewhere. He says that with
100 representing the 1927 index, nomi-
nal wages fell in the United ST. tes
from 81 in 1880 to so in 1882, while
IN Great Britain they decreased only
from SO to 95, and in Poland from
-l9 to 80. In Denmark, he says, they
'emained steady at 101, and in
Jzechoslovakia rose from 10 to Ill.
n the same period the same index
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-06-16
Trillions Of Stars Now
Seen Via Telescope

A universe of Imagination stagger-
ing size, with 800 trillion stars al
ready within the range of the astron-
omer's largest telescopes and unknown
numbers still unseen, was described
by Prof. Harlow Shapley OF Harvard
university at the convention OF the
National Academy of Sciences meet
ing at the University OF Michigan.
In only a portion Of the sky, 76.OOO
galaxies OF stars, Of which our Milky
Way is typical example, have been
charted, said Professor Shapley. He
expects that eventually 100000 galax-
les will be mapped In the heavens,
with an estimate of about a billion
stars Of which our own sun Is an av-
erage sample In each galaxy.
Stars which appear reddish In color
have been thought to be very far
away, but now DR.. Joel Stebbins OF
the Mt Wilson observatory, Califor-
MIA, reported to the academy that
some red stars located in the Milky
Way are four times closer to us than
has been estimated.
A layer of '.cosmic dust" which
splits the Milky Way makes the stars
on the far side appear red, just as
our sun appears red at sunset, when
Its rays come to the observer through
q longer distance Of the dust-flled
atmosphere of our planet.-Scientific
American.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-06-16

for real wages dropped in the United
States from 80 to 80, and rose in
Great Britain from l04 to 10; in
Poland from 125 to 1870; in Denmark
from 109 to 1l5, and in Czechoslovak
ia from 10 to 116.
Whereas, When the depression
stepped in" says Buffers report, "it
was heralded as proof of the fallacy
of high wages in the United States.
it is now being asked whether the
total amount distributed in wages
was not insufficient to maintain con-
sumption in equilibrium with expan-
sion of production" He adds that
that there is some reason for thinking
one of the causes of the American
crash in 1929 was the decline in the
wage bill in relation to investments.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-06-16
Ancient Soup Kettle

At Colchester. England, they dug up
bronze cauldron with drop handles.
This kettle measures two feet across,
and might have held the broth with
which, as the rhyme tells us, the Old
Woman who lived In a shoe fed her
huge family.
The cauldron was found on the site
Of the old Roman camp, but the ex-
perts say 1t is Celtic work and that
the first cook to stir 1t lived 1000
years ago 1t was looted by Roman
soldiers, and 1t probably held soup
made from looted cattle also. The
life Of saucepan was not such a
humdrum affair 1000 years ago as 1t
is today.