davidaulloa/AmericanStories huggingface dataset:
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
NEW YORK

New York. May 2.-(R-Butter,
1928, slightly firmer. Creamery,
higher than extra 25A -26: extra coz
score) 24A as; firsts (89-9l) 24-24N:
seconds unquoted: centralized 900
score) 24la.
Cheese, 200,547, firm. Prices UNI
changed.
Eggs. 1884, irregular. Mixed col
crs, special packs or selections from
fresh receipts 1914: standards and
commercial standards 17h: storage
packed firsts 16A-l7; other mixed
Colors unchanged.
Live poultry easy. Chickens, freight
Oil; broilers. freight 20: fowls, ex-
press 1918: rooster, freight and ex-
press 8: other freight and express
unchanged.
Dressed poultry steady to firm.
Turkeys, fresh 12-l7; other grades
unchanged.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
Work Wanted
Houses and Flats
Your Opportunity

Is there any money for you in
paying rent? You know the an
Swer. Buy your lots now at low
prices and easy terms. Put i'll
your basement, build a small
house which can be added too,
stop the everlasting paying Of
rent. Get in on the new deal,
own your own, thereby protect
ing your family when times are
tough.
This Agency has three hundred
lots located near and around the
Richholt School. This Is the dis
trict developing. See the new
homes under construction. See
the beautiful forty acre city park,
Father Slag's Hillside Park"
Now Is the time to do things, don't
stay in rut. Pay for your prop
erty on monthly terms. It is hard
to save money when you have to
pay rent to others. Why not pay
rent to yourself?
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
CHICAGO

Chicago, May 2.-(R.(U. 8. Dept.
AgrJ-Hogs, $4,000 including 1000;
direct: market slow. 5 higher than
Tuesdays average; l8o-z50 lb. $3.75-
IS: top t3.85; 260-350 lbs. 43.50-75;
l40-l70 ID. 43.25-75: most pigs $3.50
down: packing sows largely $2.90-3.l0.
Light light, good and choice l40-l60
lbs. 93.25-75: light weight 10000 lbs.
43.50-345: packing sows. medium and
good 275-560 lbs $2.60-3.35: pigs. good
and choice l00-l30 lbs. $2O0-325.
Cattle. 10000: calves 1000; shippers
buying better grades: weighty steers
strong to Is higher: $3.50 paid; several
loads 99.25-40: rank and file heavy
steers selling at 100000: yearlings
and light steers and all other killing
classes fully steady; best heifers $685.
cows selling ct 400 upward: along
With ell grades steady heifers; very
few killing steers under $500; slaugh-
ter cattle and vealers: steers, good
and choice. $4,000 lbs. 36.00-7.75: 800
100 lbs. $5O0-0.75: ll00-l300 lbs.
$7.50-950: l3O0-l50O lbs 7.75-9.50:
common and medium 550-l300 lbs.
/
Westingh. Fl. &, NJ. ............ 81
Woolwofth .................... JON
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
DULUTH Cash GRAIN


Duluth, May Z. -R)-Cash closing
prices:
Wheat, No. dark northern Slh-
So1s: No. 2 dark northern 60h -86h
No. 3 dark northern 7oh-84h: No. l
northern 0lA-88h: No. 2 northern
00h-65h: No. amber durum TN
1881; No. 2 amber durum 77h-
lO3h No. durum 70'k-77h: No. 2
durum 76h.77h: No. mixed durum
76i1 -o7h: No. : mixed durum 74ls-
9TH: No. red durum 76h.
Flax. No. !. 1881.
Oats, No. : white 271s -28A.
Rye. No. l. S6M.
Barley. mailing 1850: No. : special
34is -36ii: No. 3 barley. 3lh: lower
grades 2oii SIS.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
Rooms for Rent

FOR RENT-Furnished sleeping room,
also one large room suitable for
light housekeeping or sleeping
room. Call at 307-4th st. Phone
627.J.
FOR RENT-One modern sleeping
room, 3 windows. Closet, near bath.
Also housekeeping rooms. Phone
ll66.
FOR RENTING rooms furnished
for light housekeeping. Call at col
4th st.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
Room and Board

ROOMS FOR RENT-Close in. Two
doors north Of Paramount Theatre.
Board II desired 212-3rd st. Phone
428.
BOARD AND ROOM. 500 per day.
Also hot and cold baths included.
Home cooked meals. Gentlmen
preferred. Phone 1474-J or call It
308 Avenue B.
SINGLE OR double rooms with
Beauty Rest mattresses available.
Newly decorated. Close In. Home
cooked breakfasts and evening din
ners. Rates most reasonable In
city for high quality service. 40l
5th Street.
ROOM AND BOARD in modern
home. $25 month or IS q week.
4l4-l2th st. Phone 1O9o-LW.
ROOM WITH BOARD available, also
2 room furnished apartment at at
9th st. Phone 869-R.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
CHICAGO CASH GRAIN

Chicago, May 2.-(R1-Wheat, No.
red. 8lii. Corn, No. 5 mixed old, 46;
No. 8 mixed old, 4511: No. z yellow
a.: No. : yellow old, 48h: sample
grade. 40h: sample grde old, Az
IS. Oats, No. 2 white, 3lN -32A: No.
2 white. lake billing, 3ON: sample
grade, 28-2813; rye, no sales; barley,
1870: timothy seed, 6.o0-50 cwt.: clo-
yer seed. o.S0-l2.50 cwt.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
For Full Information
Hedden Real Estate Agency
Webb Block Phone 0
Wanted TO Rent

WANTED TO RENT ~ Well-kept
modern house with three bedrooms.
In good location. Write Tribune
Ad. No 6625.
LADY Employed with 3 year old girl
wishes room and board In respect
able home. Write Tribune Ad. No.
$3.50.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
Insurance

STATE. Farm, Mutual Auto Insur.
ance Company. Bloomington. Ill
Assets, $7.876,388.47. Surplus, ST..
576.672.30. Legal reserve insurance
Notice: Car owners, II interested
In saving money on your car insur.
ance, call or write GERALD CRAIG
207 Broadway. Phone $40. Hun
dreds Of satisfied policy holders II
Bismarck and Mandan.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02

RANGE or CARLOT SALES
Minneapolis, May 2.-R1-Range Of
carlot grain sales: wheat. No. l hard
spring 64h: No. / dark northern a..
Barley, special No. 2. 1916: No.
Z. II.
Flax, No. 1, l.87.
Corn. oats and rye not quoted.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
CHICAGO STOCKS
(By The Associated Press
Midwest Util.
MONEY RATES

MONEY RATES
New York. May IL. ~ (R - Call
money; per cent. all day.
Time loans steady; 60 days-6 mos.
Nj per cent.
Prime commercial paper per cent.
Bankers acceptances unchanged:
rediscount rate New York Reserve
Bank, ~ per cent.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
Miscellaneous
FOREIGN EXCHANGE

New York, May 2.-(ReToreign
exchange steady; Great Britain de-
mand in dollars. others In cents:
Great Britain, 5.12: France, 6.63;
italy, $685.; Germany. $3.50: Nor.
way, 1853; Sweden, 1886; Montreal
in New York, l00.l5%; New York II
Montreal, 99.84ss.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02

Even the spake-like antlers Of the
moose can be locked, and many are
the battles between these huge beasts
that terminate In death BY starvation
for both coenbatanta
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
WOUNDS PROVE Fatal

Crisfield, Nd, May 1.-(P)-Without
regaining consciousness. Patrolmar
Harry Daugherty Of Crisfield died
early Tuesday in the hospital here Of
chisel wounds, inflicted when he
sought to arrest q Negro Sunday
night.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
Wanted to Trade

TRADE-One new or good used car
and small house for larger house;
either car for small used car Write
Tribune Ad. No. 6588.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
MINNEAPOLIS GRAIN

Minneapolis, MIMI, May 2.-(RH
Flour unchanged.
Shipments 1852 barrels.
Pure bran 4l6.O0-16.6O.
Standard middlings 9l4.50-l5.00.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
CURB STOCKS
HOME LOAN BONDS
Home Owners Loans As 81 lO0.1l
GOVERNMENT BONDS

New York, May 2.-(R-Govern-
ment Bonds:
Liberty 3la.s 1O4.
Liberty first 4H,s lO4.8.
Liberty fourth 4A,s 1O4.6.
Treasury AS 111.6.
Treasury As. 1920.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
For Sale

Very fine new modern stucco
bungalow. garage attached, locat-
ed In the west end Of city, hot
water heat, many built-in fea-
lures, for sale at much lower than
cost-owner leaving city.
Large beautiful home. eight
rooms and bath. hardwood floors
and trim, outside garage. desir-
able for home and income prop
erty combined, offered at very
low price for quick sale.
and
number Of other most desirable
homes offered at much less than
actual value prices.
For Full Information
Hedden Real Estate Agency
Webb Block Phone 0
WANTED-Married couple to shar
room furnished apartment for ST.
month and help take care of mic
home. Also bungalow for rent a
Co., list. Call in person at 100 Ave
B East. References exchanged.
FOR RENT-A modern Groom house
furnished apartment, down town
Also 7-room house. Close in. Fo
sale: residence lots near Roose
welt school. East front. Phone 1886
FOR RENT-Five room house, run
ming water. furnace heat. also gar
age. Located at 1900 Front 81
! Phone 705-J or call at 3O3-7th 81
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
BISMARCK GRAIN
FURNISHED by Russell Miller CO..
WINNIPEG CASH GRAIN

Winnipeg. May 2.-(R)-Cash wheat
No. I northern 64h: No. 2 northern
6l11: No. 3 northern so.
Oats, No. 2 white 3lh: No. 3 white
26h.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
BURLINGTON SHOWS GAIN

Chicago, May 2-(P)-A net income
OF $5.5e8,023 was reported Wednes-
day for 1888 by the Chicago. Bur-
lington &, Quincy Railroad company,
compared to $1,5O28l5 for 1882.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
Chicks for Sale

WE HAVE or hand several hundred
started chicks, various breeds. Be-
lect yours and take them with you
License number TITS. Western Pro-
duce Co. Mandan. n. Oak.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
Livestock Wanted

WANTED-Young pureblood Hereford
bull. either registered or eligible
for registration. State price. Write
Tribune Ad. No. 6Sl2.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
Male Helm Wanted

WANTED-Man for farm work. SIS
per month. Mrs. Mary Ives, 8 miles
south Of Menoken.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02

MINNEAPOLIS CASH GRAIN
Minneapolis. May 2.-@-W Wheat
receipts Wednesday 703 compared to
134 . year ago.
Minneapolis cash wheat and coarse
grain closing quotations today follow:
! Wheat Delivered 70 Arrive
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
For Sale

FOR SALE-TYPEWRITERS, Add
ing machines. EXPERT REPAIR.
ING on all office machines. sup
plies. CAPITAL TYPEWRITER
co. 2W Broadway. y block West
Of Postoffice. Phone go.
PHONE 932-R-For fertilizer 81 black
dirt, ashes also hauled. Very re-.
sonable charges.
POTATOES FOR sALE-some Y0ai
nice sound potatoes for table and
seed. Come and rec them. Price
90c per bushel or II delivered. el0o
per bushel. II you wish to haye
them delivered let u know ooe day
ahead. Richard A. Kunx, "a 0oufh
9th Street. Bismarck. N. OAK. Yhono
1917.
FOR sALE-W Woodstock typevEitoe q
Al condition. May Be seen q -
Avenue A. Phone 1e1-W.
Lost M Foun6
LOST Tuesday evening, 6lQ9d 6n1S
leather coin pufoe. Return - NJ
une Tor reWard.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02

MINNEAPOLIS STOCKS
Minneapolis, Mimi. May 2.-(R-
Stocks close:
First Bank Stock .............. g
Northwest Banco ......... No Trading
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02

INVESTMENT TRUSTS
by The Associated Press)
lover the counter in N. "
Quart. Inc. Sh. 1872; 1.42.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-02
Automobiles for Sale
USED CARS
CORWIN-CHURCHJLL

FOR SALE-l925 WHY'S sedan. Good
condition. New tires. 1894 license,
$4,000. Call at 506-3rd st.
The Washington times., 1934-10-27
METAL MARKETS

NEW YORK, Oct. 27 G.N.sD.-Copper
buying abroad today continued in fair
volume. with the price about un-
changed at cents a pound C. /. +.
Hamburg, Havre and London, as com
pared with $50 to 7.O5 cents, the
extreme range of yesterdays sales.
Producers are now waiting curtailmen mt
results and the comparative activity of
the copper marts in the last few weeks
will slacken considerably until definite
developments point the future.
The conference is still the subject of
discussion. Some vagueness as to its
actuality and more vagueness as to
the time and details to be considered
at the meeting is apparent. Providing
that there is actually a conference, the
issue for domestic producers and for
Europe also will probably hinge on
some relation between American ex-
ports and world curtailment.
In the domestic market Blue Eagle
continued to sell in moderate volume
at cents a pound delivered to the
due partly to weekend inactivity. with
the price unchanged at $40 to S.75
cents pound New York and S55 to
$50 cents a pound st. Louis.
A few sales of zinc were made yes
terday at 1926 cents a pound East
st. Louis, although the majority Of
producers were holding rigdly at 1856
cents. Indication that last weeks sales
were not very large was a factor in
the renewed easing of the price. Zinc
producers have suffered so much from
undertaking by a few sellers that they
may stand firmly against general
reduction when the situation. outside
Of a temporary dullness scarcely seems
warrant a cut.
The Washington times., 1934-10-27

California, boxes, $5@6, according to
grade and size.
Grapefruit-No carlot arrivals; un-
broken cars on track. Florida, boxes,
No. ?, $2.25 @2.5O, according to size.
Truck receipts, bushel hampers 7ScV
$l.25.
Pears-No carlot arrivals; no cars, on
track. New York, bushel baskets. Shell
dons and seckels $1.5O@1.75; Bartletts.
fair condition, $1.50@1.75.
Broccoli-No carlot arrivals; 1 broken
car on track.
Bananas-One car arrived; unbroken
car on track.
Florida-Forty-five crates avocados; 80
crates eggplant; Fl crates lines; 10
crates lemons; Is bushel baskets okra;
80 bushel baskets squash.
Georgia-Ten bHshel baskets cucun-
bers; 20 bushel baskets squash
California-Forty-eigh boxes Q2 lbs.
each box) figs.
North Carolina-Twelve bushel baskets
okra; % bushel baskets snap beans.
Pennsylvania-One hundred twenty-five
3-lb. baskets mushrooms.
Ohio-Seventy 10-lb. baskets tomatoes.
Mixed egetables-Twenty-two crates.
The Washington times., 1934-10-27
Redmond AbsOrbs
Prince Business

NEW YORK, Oct. 26.-Red-
mond & Company announced
yesterday consummation Of
arrangements where it will
acquire the business of Theodore
Prince & Company.
ACQUISITION of the business
does not mean any change IN
the present partnership OF Red
mond & Company, it was said.
Redmond members are Henry
Mason Day, Edward V. Jaeger,
Arthur ]. Goldsmith, James B.
Taller, Daniel T. Pierce, jr., and
E B. Schryver, general partners,
and Franklin @. Brown, Lee War
rem James, Alan Breed and
George H. Pendleton, special
partners.
The Washington times., 1934-10-27
COTTON LOSES
EARLY GAINS

NEW YORK, Oct. 27 UN.SD.
The cotton market lost its early
gains at the close today, as soft
ness in securities and grains In
fluenced heavier pressure from
the South, spot hours and New
Orlean, with final quotation rul-
ing unchanged to point lower.
Demand came in largely from
the trade, the Continent and
Wall Street.
December closed unchanged at
1928; January was off 3 at
1925. March off 2 at 1927; May
off l at 1894; July unchanged
at 1910; and october '35 off 3
at 1929.
The Washington times., 1934-10-27

cars. 25hc; cars. 261ac; dirtivs, 1870
zoe: checks. 15018Hc.
Cheese-Twins, 12A @12%c; single
daisies. 12A G13Ac; longhorns, 13A q
14hc.
Live Poultry-Turkeys. 16c; toms,
No. ., 1Oc; hens, 7@14hc; roosters,
101ac; ducks, 7@17c; geese, 7@11c.
Potatoes-11S cars; on track 27S;
U. S. shipments 1856; Wisconsin round
white, 771a qSOc; fine quality, S5c;
commercial, 72Mc; unclassified. 65c;
Idaho Russets, 81 4O@1.50; combination,
sl27h; Ne; 2. 1925; Colorado Nc
Clures, $1.80.
The Washington times., 1934-10-27
GRAIN FUTURES
WORKLOWER

CHICAGO, Oct. 27. - Grain
averaged moderately lower in dull.
early dealings here on scattered
liquidation by tired holders.
Wheat yielded 5sc to 95B for
the December delivery after open
ing unchanged. Corn eased 1ac
to 74A for the active delivery
after opening 1sc down to Ac up.
Near mid-session wheat was E2@
Sac off, corn 40 12c off, oats un-
changed to 14c down, and rye 12c
off.
The Washington times., 1934-10-27
Deposits Increase
In Savings Banks

NEW YORK, Oct. 27.-Deposits
in New York States 1873 mutual
savings banks increased by $685..
100000 in the year ended October
/. last, lifting the total to S..
138,683,155, from $5,073,595, 1852
on October /, 1888. More than
145,0O0 new accounts were added
to the books, with the number of
depositors on the latest date
standing at 5,861, ,001 against S..
714,257 a year earlier.
The Washington times., 1934-10-27
Franc Is Lowest
Since February

NEW YORK, Oct. n N.N.S.).
Gold shipments from France to
this country became a dis
tinct possibility today as the
franc dropped q Of a point to
6.59A cents, giving the dollar
a valuation Of $3.50 cents, or
more than half a cent over the
new parity. At its present level.
the French franc is at the low
est point since early February.
The table:
The Washington times., 1934-10-27

LesH0 UOulu IIIpdIIIEN III
cluding Standard Oil of Cali
fornia, Pacific Gas and Electric
and Southern California Edison
were strong and gains ran to
point, reflecting the turn away
from Upton Sinclair.
Railroad shares were quiet and
showed little change as Atchison,
New York Central. Lackawanna
and other leaders moved in a
narrow range.
In the utility group there was
little of feature with Columbia
Gas and Consolidated Gas hold
ing steady.
The Washington times., 1934-10-27
BANK STOCKS

NEW YORK, Oct. 81 ON S.).-Quo-
tations on the following securities are
obtained from the Security Dealers AS
sociation of New York. There are no
official quotations. This is a bid and
ask market and the actual sales Of
securities is often subject to negotia-
tions.
Twelve noon bid and ask prices with
Fridays closing bid price for the leading
hank stocks follow:
The Washington times., 1934-10-27
PITTSBURGH

PITTSBURGH Oct. 27 G.N.SD .(All
poultry, butter and eggs are wholesale
prices to dealers.)
Poultry-Market steady. Leghorn
sprngers 13@14c; colored hens, $50
1Sc: leghorn hens. 11@12c; Bardrock
springers. 15@l7c; Whiterock springer
14@17c; mixed sprngers, 13@15c: tur-
key hens. zoe; roosters, 99c: young
geese @ soc; young toms, 'SS Soc; roasting G TIM
chickens, 16 0l8c.
Butter-Market firm. % score, 2S% !;
SO score, 27Ac: IS score, 25Ac; stand
ard. 2SAc.
Eggs-Market steady. Nearby cur
rent receipts, 22@24c; fresh extra firsts,
25W37c: hennery white extras, 500 40c.
Tomatoes-No market. Few tomatoes
sold but no quotations.
Cabbage-Market steady. New York,
Danish type, bul, per bushel baskets
and 5O-pound sacks, SOQ35c; per ton,
$12@13.
The Washington times., 1934-10-27
Mckinney Steel
Votes for Merger

Oscar L. Cox, president of Nc
Kinney Steel Holding Company,
reports that stockholders Of
approximately SIS per cent Of
the voting shares of 5he Corri-
gan, Mckinney Steel Company
have voted in favor Of the sale
of the steel company's business
and assets to the Republic Steel
Corporation.
The Washington times., 1934-10-27

good, we are tc
I grant that
confidence is a
desirable state
of mind where
it is based on
fact and rea-
son. But what
we want is the
basis for con-
fidence. j u S t
give it half a
chance and con-
fidence row W S
like weedS-in
this country, at
least.
It is often
an;A khnk nnn.
The Washington times., 1934-10-27

: the Sc iii G
pressure which
c h a r acterized
d e a lin gs on
Thursday and
| y e 6 terda a y
abated. Th e
turnover, how
/: ever, W as so
S m all as to
] minimize tn e
: significance Of
the slight re-
covery in the
list.
S h a. re s OF
! the California
The Washington times., 1934-10-27

fidence and credit are much the
same thing, and there is much
truth in this. But credit conf
dence which rests on mere blind
optimism means nothing blu t
trouble.
Those who talk this way seem
to forget that we had the most
confidence in 1928 and 1929!
Gust think that over for a
minute0
The fact is that credit conf
dence must have a basis. 1t must
be based on confidence in the pro-
ductive use to which the borrower
will put funds, and in his ability
to repay the principal with inter
est.
What are the conditions
which warrant such confidence?
There are two very important
ones: (D Stability of money,
and (2) PrOfitableneSs of CAPT.
tai. Assuming the average run
Of integrity among men, 1 say
that if you give us stable money
and reasonable chances to make
profits in business, there will be
no trouble either with credit or
with confidence.
But money is the tool of credit,
and most credit involves debts
payable in money. So when the
future purchasing power of money
is uncertain, credit is impaired.
Lenders hesitate to make loans,
and honest borrowers hesitate to
take money for business purposes.
This is one great trouble today.
You can talk confidence" as elo-
quently as you please, but if
money is not on some reasonably
stable base, the basis for conf
dence will remain absent.
That is why the balancing of
the budget is so important. There
can be no assurance that the
Government will not feel COM
PEELED to "devalue" or issue green
backs or otherwise depreciate the
currency, as long as it is running
up a deficit.
The other basis of confidence
and credit lies in the chance of
using capital profitably. That de-
pends upon the outlook for busi-
ness earnings.
But the outlook for earnings
depends upon % sales, and (2)
expenses. Business men must
be able to sell goods at prices
consumers can pay. and they
must be able to make goods
at expenses which will be amply
covered by prices.
Here again, we do not find
the basis for confidence, and it
is vain to talk confidence as
long as this basis is lacking.
The prices of all important COM
modities must first be in line with
one another and in line with con-
sumer purchasing power. Then
wages per man-hour must be in
line with prices. Then if money
were sound and stable, business
would expand and confidence
would come arunning.
But if we insist on artificially
high prices, we are going to reduce
sales. And if we insist on artifi-
cially high wages we are going to
reduce employment. Then conf
dence cannot exist, for there will
be no basis for it.
It is easy for a government to
"buy now" and borrow now" It
is spending "other peoples money"
which it gets by compulsion (taxes
and forced loans from controlled
bankS).
But why tell businessmen to be
confident and borrow noW,' when
the bases of confidence are be.
ing withheld?
nnn0cH%o Tno~oocn
The Washington times., 1934-10-27

(a) Optional stock cash. (b Parity Extra
stock and cash. (dI Extra in stock (e) Paid l9sI
() On account Of accumulatonA. (E) rsgulae rato
latest payment. (h) Payable in stock. Special
IN, Paid this tww' With waEantA t1wI Without
Dividend In dollars in parentheseA (NotOl Extra
dividends published through regular :!.idend period.
The Washington times., 1934-10-27
CHICAGO

CHICAGO, Oct. 81 G.N s.)-Butter
1905 tubs; firm; old cars IS; new
9; extras, csc; standards, 27hc; extra
firsts, 271s @2sc firsts, 241a @25Nc;
seconds, 33hc; specials, 2s12 029c.
Eggs-2.21S cases; steady; old cars
3. new 3: current, 23925c; fresh ex-
ira firsts, less than cars, 36I2c;
cars, 27hc; fresh firsts, less than
The Washington times., 1934-10-27
HANEY REPEATS
NEEDFOR BASIS.
Of OFCONF|DENCE
BY LEWIS HANEY
Professor Of Economics,
New York University

The old slogan, "have conf
dence," is being raised again. Be
confident" and business will be
The Washington times., 1934-10-27
STOCKS F|RMER
AS SELLING
IS ABATED
BY LESLIE GOULD

NEW YORK, Oct. ~ G.N.SO.
The stock market displayed q
slightly Steadier tone today as