davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1934-08-09
SILVER SCARS
ON MARKET

NEW YORK, Aug. 9 GN.SO.
Silver futures scared to cross the
50-cent level for the first time in
four years as the Government
moved to nationalize the country'S
entire stock of the metal. The
Treasury decree, setting a price of
50.01 cents an ounce for all silver
deposited, put futures up about
half a cent, with the May N935)
contract hitting 50.2 cents. Other
deliveries ranged from 1885 to
1910 cents.
simultaneously, Handy & Har-
man, silver brokers, advanced
their spot quotation to 49A cents
an ounce, up IA, marking the
fourth successive day this price
has been moved up into new high
ground.
The Presidents proclamation
was followed here by suspension
of trading in silver futures on the
New York commodity exchange.
The exchange said further an
nouncement will be made later" ,"
but in financial circles it was felt
the ban on private ownership of
the metal for any but commercial
purposes rendered practically i'm
possible delivery against futures
contracts.
The Washington times., 1934-08-09
u. S. Takes Over All Silver
In New Monetary Move

Secretary OF the Treasury to pur-
chase silver and to issue silver
certificates was approved by the
President on June 10, 1884.
The President had sent to
Congress on May %, a message
recommending the enactment Of
legislation declaring it to be the
policy of the United States to
increase the amount of silver
in our monetary stocks with the
ultimate objective of maintaining
one-fourth of the monetary
stocks in silver and three-fourths
in gold" the board pointed out.
The Presidents message, after
taking up the gold situation,
said:
Another step is that we
should not neglect the value of
an increased use Of silver in i'm.
proving our monetary system.
Since 1929 that has been OBJ
viOuS."
Following the Executive order
OF last December reports were
circulated that there was much
speculation in silver. Large pur-
chases were said to have been
made by private purchasers who
hoped to see a jump in the price
and therefore make a handsome
profit
Holdings PrObed
An investigation of this situa-
ton was instituted by the Treas
ury and Justice Departments to
determine who was holding silver.
Considerable silver was said to
have been shipped out of the
United States to take advantage
OF possible higher prices abroad.
Today's Executive order was
based on Section 7 of the act.
That provided, in effect, that
whenever in the judgment of
the President such action is nec-
eSsary to effectuate the policy of
this act, he may by Executive
order require the delivery to the
United States mints of any or
all silver by whomever owned
or possessed"
The silver so purchased will
be coined into silver dollars or
otherwise added to the monetary
stocks as the President may de-
termine.
Any silver withheld in viola
ton Of the Executive order may
be seized and condemned. Those
found guilty of violation will be
assessed twice the amount of the
silver withheld, a provision SINH
lar to that pertaining to the
calling of all gold into the
Treasury.
The Washington times., 1934-08-09
CONTINUED from Page y

(ContInued from rage -
a monetary system based on three
fourths gold and one-fourth silver
Under this program the Govern
ment will maintain approximately
5000 million dollars in gold anc
1000 million dollars in silver back
of its monetary system.
World Price Rising
Seizure of all silver bullion ir
the country as of August 8 was de
termined upon when the world
silver price approached SO cents,
being approximately 491a today
Herman Oliphant, chief coun.
sci of the Treasury, explained
that under the law the Treasury
can now purchase these stocks at
more than so cents an ounce
However, the purchase Of newly
mined silver will continue, for
the time being at least, for 6412
cents, which is also provided in
the silver purchase act. Mr.
Oliphant said:
"The only dependable figure
as to the amount of silver bul.
lion in the country eligible for
purchase under the prOcIama.
tiOn is 45,0OO,OOO ounces in
repositories recognized by the
silver exchange.
Nobody can do other than
guess at the remaining stocks
Of silver. Estimates place the
total amount at from 100000.
900 to 250,OOO,OOO ounces"
MOrgenthau Relieved"
Secretary Morgenthau an
nounced the presidential procla
nation and executive order, but
made no comment, except to say
that he was relieved that the
matter had been disposed OF
finally.
Senator Thomas CD of Okla.
homa, who has inaugurated a
congressional initiation drive and
recently criticized the Treasury
for what he felt was a failure to
carry out the silver act, declared
that the naturalization plan was
"a big step forward"
Senator Fletcher CD of Florida
chairman of the Senate Banking
Committee, declared:
"It will be helpful and will
raise the price Of stocks and
commodities"
Senator Fletcher regarded the
program as a mild currency eX-
panSion.
Authorization Cited
In discussing the situation the
Federal Reserve Board pointed
out that the act authorizing the
The Washington times., 1934-08-09

1--WE anticipate no general ad-
vance this winter in the price of
domestic heating OIL"
SO said R. G.. Stewart, of the
Standard Oil Company IN. JO.
supervising domestic marketing,
in reply to the demand of Allen H,
Willett, spokesman for the Ma
tional Coal Association in Wash.
ington recently, that oil prices be
advanced on the ground that coal
markets were slipping away to
competing products. He added:
1--WE have the greatest sym.
pathy for the unfortunate posi-
ton of the coal industry, but
we can hardly be expected to
agree to increasing our prices
artificially merely to improve
the position of coal in cOmpeti-
ton with oil fuel.
"Such action would constitute
price fixing in its worst form.
1t would amount to taxing the
small consumer of one industry
in order to SubSidize another"
1t was hardly to be wondered
at that the public was confused.
Mr.. Stewart stated, since at the
hearing recently one group con
tended that oil prices were too
low, another that they were too
high. He added:
The Washington times., 1934-08-09
C.|. 7. PROFITS
SET RECORD

With it's volume of business
and earnings exceeding those in
any previous six months period,
Commercial Investment Trust
Corporation reports for the Siz
months ended June 80, consoli.
dated net profits available for
dividends of $5,100,215 compared
with $2,799,582 for the first six
months of 1888.
This is after provision for all
taxes, after writing off all de.
terminable and known losses and
after providing reserves consid.
cred adequate against possible
future losses and contingencies
After dividends on the Serial
Preference Stock, earnings avail
able for dividends on the COM
mon stock we're $4,679,731,
equivalent to $2.54 per share on
the average number of shares
outstanding in the hands Of the
public during the period.
The Washington times., 1934-08-09
SEC. To ISSUE
RULE MONDAY

Rules for registration of the
nations stock exchanges. pre-
paratory to instituting of Federal
supervision over them October /,
will be issued Monday, Chairman
Joseph P. Kennedy of the Secur-
tiles and Exchange Commission
announced yesterday.
Rules for temporary register
ing of the security issues on these
exchanges are expected to be
ready at the same time.
Permanent registration of the
securities will be postponed ex-
cept as to new issues, Kennedy
announced. The effect will be
to suspend control over the ac-
counting methods, audits, and
possibly other practices, of listed
corporations until the commission
frames regulations for this pur-
pose and deems it feasible to
make them effective.
The Washington times., 1934-08-09
Banker Confidence
Urged By TOwsin

Speaking yesterday under the
auspices of the Kiwanis Club of
Washington Vocational Guidance
Committee, Norman E. ToWsin,
assistant tretSurer of the Wash
ington Loan & Trust Co., asserted:
"The public has now re-
gained its confidence in the
banks of the country, and such
confidence is justified. 1t re-
mains, now, for the bankers to
regain their confidence in the
public; to learn that the people
are willing now as in the past
to respect their obligations, to
be fair in their judgments, and
to shoulder the responsibility
for their own errors"
The Washington times., 1934-08-09
of Sugar
From Cuba Drop

Cuban exports of sugar during
the week ended August 4 amounted
to 50,094 long tons, raw sugar
value, of which 4O,5O9 tons went
to the United States. During the
corresponding week in 1888, the
shipments totaled 56,257 tons, Of
which 28,777 tons went to the
United States, according to Lam
born & Co.
Exports of Cuban sugars since
the beginning of the year to Aug.
ust 4 totaled 1,140,943 long tons
raw sugar value as compared with
1,334,152 tons during the similar
period last year, a decrease of
1869 tons, or approximately IS
per cent.
The Washington times., 1934-08-09
Finished Steel
Shipments Dip

BY International News Service
Shipments of finished prod.
ucts by the United States Steel
Corporation in July will show a
substantial decrease from the
deliveries of 985,337 tons re-
ported for June, it is estimated
in financial circles.
Estimates are that the falling
off will amount to 100000 to
100000 tons and even the higher
figure may be exceeded. The
report will be published at
noon Friday.
The Washington times., 1934-08-09
PITTSBURGH

PITTSBURGH. Aug. 9 tI.N.s.).-Poul-
try: Steady. Leghorn broilers 13@14c;
colored hens. 14015c; Leghorn hens,
lie; Bardrock broilers, IS a 22c; White
rock broilers 1S@21c; mixed colored
broilers, 1910; turkey hens. 12Q15c;
roosters, SG9c; stays, 11@12c; young
ducks, 116 12c; old ducks, SQ9c; geese,
sc; young toms, 1OQ12c.
Butter-Firm. 80 score, 27hc; SO
score, CSC; SS score, 24Ac; standard,
2713C.
Eggs-Firm. Nearby current receipts,
16@1612c; fresh extra firsts, 19@2Oc;
hennery white extras, 21@ 24c: Southern
Ohio, West Virginia and kentucky cur
rent receipts, 14615c.
The Washington times., 1934-08-09
LOCAL AND OTHER PRODUCE MARKETS

26hc: extra firsts, 25@25kc; firsst,
a3A q 24Ac; seconds, 2112 q 22hc; spe-
cials, 26% @27Ac.
new, &c; current receipts, 16Q1Slac
fresh extra frsts, less than cars.
1912c; cars. 2Oc; fresh firsts, less than
cars. 1870 ;cars, 2Oc; fresh firsts,
les than cars, 19c; cars, 191sc; dirties
and checks. 12@16c.
Cheese-Twins, 1@& 013c; daisies,
13A Q13hc; longhorns l3i2 Ql3ac.
The Washington times., 1934-08-09
CLOTH MARKET ACTIVE

NEW YORK, Aug. 9 G.N.S).
Activity in the coarse yarn cloths mar
ket picked up appreciably today as
buyers came in for goods at the ad-
vanced prices posted yesterday in the
wake of the cotton crop report. In
contrast to the situation prevailing in
the previous session. a number of
buyers came into the market today and
took what they could al the relatively
minor advances which mills have made
so far. Sentiment was aided by news Of
the intention of the Government to
open bids on 1000, 600 yards of printed
sents from four to five weeks of cur
rent strictly print cloth output and
should improve the mill position suf-
fiCiently to make for a stronger market.
The Washington times., 1934-08-09
BALTIMORE HOLIDAY

The Baltimore Stock Exchange
will be closed Saturday, August
II, a legal holiday in Maryland in
connection with Baltimore City's
celebration of the State ter
centenary. Banks and trust COM
panies will also be closed.
The Washington times., 1934-08-09
WAS 1NES

BUSINESS OFFICE. 1917 H ST. N. W.
RATES DELIVERED BY CARRIER IN
WASHINGTON AND ALEXANDRIA.
The Washington Times daily 10 deliv'
cred by carrier at 10 cents per week;
daily Times aud Sunday Herald. is cents
per week: daily Times and Herald daily,
20 cents per week; daily Times and
Herald daily and Sunday. 25 cents pes
week. and Sunday only. 10 cents pes
week.
The Washington Herald. daily and
Sunday. Is delivered by carrier at 10
cents per week: daily only. 10 cents pes
week. and Sunday only. 10 cents pei
week.
Orders can be sent by mail or tells
phone District 1000. Collection = made
weekly by carrier.
RAnFQ RY MAIL.
The Washington times., 1934-08-09
LIVESTOCK MARKETS
CHICAGO

CHICAGO, Aug. G.N.SD. - Hogs,
5000; 1Oc higher. Top, $5.35; bulk,
s5@5.3O; heavy, $5.1O@5.35; medium,
$50 95;$5; light oI,?O st,gO q 80; ignt gn5
@4S5; pigs, $2.75Q4.25. Holdovers,
5000.
Cattle, 10000; steady. Calves, 5000:
steady. Beef steers, good and choice, sS
0.5O; common and medium, s4.50@2;
yearlings, S6@S.5O. Butcher cattle,
heifers, $3.5O@7.5O; cows. $2.40@475;
bulls, $SQ4; calves, $S.5O@6.5O; feeder
steers, $4G5.25; stocker steers. $500
4.5O; stocker cows and heifers, $3.50
@4.50.
Sheep, 1000 steady. Lambs. $7@7T5;
common, $5@6; yearlings, $5@6; feeders,
$5@6; ewes, $1.5O@3.
The Washington times., 1934-08-09
NEW YORK WnOI.

Easy domestic fleece unwashed, Ohio
& Pennsylvania, 24@32c; domestic pulled
secured basis 5808Sc: domestic Texas
clean basis. 5S@75c; domestic territory
clean basis, 55077c.
The Washington times., 1934-08-09

hampers. green flat type, S5c9$1;
holdovers lower.
Pineapples-Cuba, crates 1904. &C.
cording TO size.
The Washington times., 1934-08-09
NAVAL STORES

NEW YORK, AUG. 9 Q.N.s.).-Petrol-
cum quiet, crude Penn, 217@256. Lin
Turpentine strong, As. Rosin firm, COM
mon, 425.
The Washington times., 1934-08-09
BUFFALO

EAST RTFFALO, \. =, Aus. ..
.N.SD.-Livestock: Hogs-1,9oO, hold
overs none. Active, steady at recent ad-
vance. Bulk desirable 17O-26O lbs $5.75,
few decks 22O-24O lbs $5.SS; mixed quail
ity averaging 165 lbs, $5.25; weights be-
low $50 lbs $4@$5.
Cattle-275, Governments 425. Grass
steers and heifers steady, moderately
covered, offerings $5@5.25, palmer lots
$3.50 down; low-cutter and cutter cows
$1.25 @2.25; medium bulls $500.
Calves-75, Governments 100. Vealers
active steady. Good to choice 700; COM
mon and medium $5@6.5O
Sheep-1OO. Lambs unchanged. Good
to near choice $50. equivalent to 775 for
selections; common and medium $500
675,
The Washington times., 1934-08-09
NEW YORK


NEW YORK, Aug. . U.N.S.) But
ter: Firm. sated and unsalted. Cream
cry higher scoring. 2714 a 29Lc; cream
cry extras. 27q28Ac; creamery firsts,
23a @2734c.
Cheese-Firmer. state, whole milk
fats. specials, 1S@19c: average run, IS
@16hc. Wisconsin: Whole milk, fancy
young Americans, 14l2c.
Eggs-Firmer. nearby white specials,
24lz @261aC; standards. 2212 q 2Shc;
mediums. 22@231ac; nearby brown spec
ials, 24@3Oc; standards, 22%c; mixed
specials, 23@25hc; standards, 22@22isc;
firsts, 19@1912c; seconds, TX @1sc;
mediums, 16h @17c: Pacific Coast,
white, fancy packs, 2813 @29l2c; stand
ards, 27@2Sc; mediums, 26@27c.
Milk-Wholesale price, $2.2S q 2.S3 per
100 pounds No. fuild milk within COL
210 mile zone.
CHICAGO
CHICAGO Aug. N.s.).-Butter-
The Washington times., 1934-08-09
y7; soo T;; ; NJ Y Curb Quotations :'s:i ;S: T" s S

NEW YORK, Aug. 9 Q.N.S0 g.
The curb market lapsed into dull
irregularity today, with traders
disposed to maintain a SidelineS
position until it was able to fully
gauge effects upon sentiment Of
the Presidents address at Green
Bay, Wis.
The utility group was spotty.
Niagara Hudson Power was
heavily sold at its all-time low
of 412, off 1s from its previous
close.
Atlas Corporation movcd up "a
to 87s among the investment
trusts, followed by Pennroad
which was up 1s at 21s
Oil shares were irregular.
Wright HargraveS was the only
metal share to attract buying,
gaining 1s to 9B. There was
little of note evidenced in the
speciality section. Alcohols were
dull. Utility bonds were gen.
orally steady.
The Washington times., 1934-08-09
CLEVELAND

CLEVELAND, Ohio. Aug. = U.N.S).
Hogs-Receipts. $50; market active, 29c
higher. Top and bulk, $5.65.
Cattle-Receipts, 400; market slow
and CSC lower; a good many unsold !;
all grades moving slow.
Calves-Receipts, 800 market steady,
action fair: best. demand for good
calves
Sheep-Receipts 500: good lambs
about steady; medium and outs slow
and lower.
The Washington times., 1934-08-09
LONDON CLOSE

LONDON. Aug. 9 G.N.SD.-Stocks
closed quiet on the London exchange
today with improvement all around.
The Washington times., 1934-08-09
POULTRY

HILLSIDE CHICKS
w79 All breeders BioOd. tested (BWO anti.
R'N gen stain test.) Personally supervised.
N, Certificate 2I53. Cash or C. o. D.
~ Large Type S. C. 100 500 1000
VI VIII. Leg.&H& Mix $3.50 $3l.5o $6s
S<@S@ Rocks and Reds $50 $3.50 So
Started chicks, Bar. Rock l. R. !. Reds: S
WkS. old zoe ca. WkS. old I0c ca. I00en
live del. guar. P. P. pd Free Range.
{. J. EhrenzeIIsr. Box W. McAIistsrViIIs. Pa
The Washington times., 1934-08-09
CHICAGO

CHICAGO Aug. 9 G.N.s.). .).-Butter-
1O.9SS tubs; firm; old cars, Sc; new,
lOc; creamery extras and standards,
The Washington times., 1934-08-09
Y;Hi :7s;o's:SSS Ss;s''' N. Y. Bond Quotations

q. S. Government High Low 1900
The Washington times., 1934-08-09
RATES BY MAIL
payable in advanced }

Herald Only
The Washington times., 1934-08-09

Camaguey 10 AZ Ct. Sh| 8i3t S2
Canada Southn 5s A '62I1094s 1o9 Y 1o9 u
Can Nat Rys Oct 5s '69I116b 1855 1853
Can NatRys IS July SO 115 lib 10
can Nat Rys 4%s.... l113% 113A x i113h y
Can North 4Hs. ..... 102 4 1O2 1O2A
Can North deb Is. go. lOS% lOS 12 LOB "a
Can Pac deb As. so so 80
can Pac IS '54....,... 1909 1901 I1OOA
Can Pac AIS '6O...,.. 932s 9S14 93h
Cent Pac SIS .......... IS - -
CRR&BC Ga col 5s. 81 81 81
Ches g. ref B 4l2s. 1O4b 1913 IS l04
Ches & gen 412s... l1O% 11O% 10Y
Ches & o AIS A. ...... .1O4b I1O4 1O41
Ches 8, o con 5s. Ill I'LL illl
Chi B&Q ref 5s $50. 1O8& 1OS% 1903 =
Chic East Ill 5s .... 9A 9% 9%
Chi Ct West As ...... 29% 27 y
Chi MStP&P adj SIS A Sa
Chi MSP&P 5s A..... 3Oh 29t2 29
Chi&NW 4hs stp.... 35 S41a $4%
Chi&NW 412s C...... 50 SO 50
Chan w gen SIS stp. STA e69s te@s
Ch&N w 1st&ref 5s a. "A a.
C&NW 4%s cow A. 27& IS IS
Chi RIP rfdg As -. 1871 1872 1Ss
Chi RIP gen As ..... SO o6 %
Chi RIP AIS cv ... ~ ~ ~
Gin Gas Ell As .... 102A 1O2 lO2?s
Gin Tn Term 412s A. los 4 1854 lO8 q
CCCh&St l. gen As 93 IS 95
Clev I'm 5s B...... 99R 99h 991
Col Fuel G. Iron gn 5s 50 50 90
C e. s ref 1st ext AIS 95A 95h 95A
Col G G. 5s........ SO 82& S2A
Columbus Ry P L 41as 97ls 96% S6St
Cons Coal Nd ref 5s. 222 22S IA
Con Gas N 4hs... 100 100 100
Con Gas 5s '57........ 104$s 104 S 1O43s
Con G n db 51as. l107 Is 1861 1861
Consu Pwr SIS 52.... 1O9 1o9 ilO9
Contain Cp 6s '46..... 94A 94A 94S4
Crown OK & S IS Al, los los 1O6
Crown W Pap 6s..... IS 96 96
Cuba n Ry 5hs AZ. j 50 80 50
Evening star., 1934-03-26

lators; the designation of somewhat
greater power to code authorities TO
discipline violators, and the as yet un-
announced "code Eagle" campaign to
bring new consciousness of the Eagles
significance to the people.
Further than that, compliance Of
ficers are working on plans to elm
mate some of the numerous steps now
required to bring a violator before
N. r. A. Conceivably. this might in
volve the use of injunctions to stop
an alleged violation during a period
of inquiry.
So far as prosecution goes, the Fed
eral Trade Con---ctscc::oo.... IS quietly at
work placing special agents in COM
pliance Offices over all the Nation.
who will attempt to expedite the
commissions investigations. The COM
mission also is expected to begin
issuance of its cease and desist" or
ders soon against those it believes
guilty.
False Advertisers Hit.
Another activity of the commission
Of interest both to business men and
the public is its increased activity
against false advertising. Changing
Its policy, it is giving publicity to
the concerns which it finds guilty,
instead of allowing them to cease the
condemned practice without special
attention being called to it. One re-
suit Of complaints against false ad-
vertisers is often the bankruptcy OF
the advertiser, since many are of the
"fy-by- might" type.
Evening star., 1934-03-26
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, March 26.-FolloWlng
is today's summary of corporation
news prepared by Standard Statistics
Co., Inc, New York:
ChrySler Corporation-March 10
Chrysler Sales Corporation had H.
41O untitled dealer orders for 'Chrysler
cars for shipment before April 30. OF
these orders 46la per cent are for
Chrysler airf1oW models and 53l2 per
cent for Chrysler skies. Unified
orders for Plymouth cars as of March
81 totaled 67,07l, compared with
, 9,784 on same date in 1888.
Pierce Arrow Motor Car Co. 1888
deficit Sl,044 162, VS.. deficit S3,032,-
43O.
Otis Elevator Co. 1888 deficit
S2.465 ,O2S, VS.. net income s307
Lion Oil Refining Co.-Gasoline
sales up 25 per cent in first two
months; oil business gained SIS per
cent over 1888 period.
Great Northern Railway February
net operating income, Sl56,0OO VS..
deficit of $640 ,494; two months, net
operating deficit, $50, ,534 VS.. deficit OF
S1,156 ,908.
Illinois Central Railroad February
net operating income, Sl.l32,402 VS..
s473.494; two months, S2,015,472 VS..
1893 1903.
New York, New Haven g. Hartford
Railroad February net deficit before
guarantees, 1891 804 VS.. net deficit of
S796,1l2; two months, net deficit, ST.
! 242, ,083 VS.. Sl.489, 1893.
Minneapolis, st. Paul G. Sault Ste.
Marie Railway February deficit after
charges, S741 ,026 VS.. deficit of 81 1,060,-
668; in two months deficit was ST.
653, 1854 VS.. deficit, S2,125,065.
Pennsylvania Railroad Co. asked
I. C. C. to dismiss the recently insti-
tuted proceedings against it and Penn
road Corporation because of their al
legged control of New York, New Ha-
ven & Hartford and Boston & Maine
Railroad; company alleged that pro-
ceedings are based upon laws involv-
ing different issues and procedure;
Kuhn, Loeb e. Co. has sold about
S5,547, 900 of bonds for Pennsylvania
Railroad, subject to approval Of I. G. G.
Securities were sold to dealers by
banking house on the understanding
that they were for the accounts of
institutional or other investors who
would retain them.
ST. Louis-San Francisco Railway
receivers denied permission by I. c. c.
to borrow S6,905 900 from r. F. c. to
purchase bonds of Kansas City, Men,
phis g. Birmingham Railroad, which
matured March l, 1884; commission
held proposed loan would mean merely
switching creditors
Western Pacific Railroad February
net operating deficit S6,666, VS.. deficit
of Sl26,636 in two months net oper-
ating income s31 ,379, VS.. net deficit of
S23l879.
Mcclellan Stores Co. realized net
profit of $20,907 during January and
February, compared with losses of
Sl64032 in 1882 period and s205,866
in 1882 period
Associated Gas & Electric Co.
Electric output of system for week
ended March IT increased 143 per
cent over same week in 1888; gas
Sendout for week increased 1911 per
cent over like week of 1888
Commonwealth Edison Co. February
net income S818,024 compared with
$739413; in two months net was ST.
BIT 1874, VS.. 81 ,664, ,608.
Chicago, st. Paul, Minneapolis &
Omaha Ry. February net operating
income $47,531, VS.. deficit of S74,219;
two months net operating income
s136, 6,499, VS.. deficit of S188837.
Evening star., 1934-03-26
Polish Rye Cargo
Due at Baltimore
To Meet Shortage
Special Dispatch to The Star.


BALTIMORE, March 26.-First in
dicationS of national shortage Of rye
we're seen with the report in shipping
circles this week that a Danish vessel
is bound here from Poland with
cargo of $4,000 bushels of the grain,
the first rye ever imported in Balti-
more from foreign country.
Identity of the ship. said to be due
within few weeks. remained mys-
terry when officials of the F'urness
ness Witty & Co., Ltd, reported
agents for the shipment, refused to
deny or confirm the rumor.
At present there are only 10000
bushels stored in Baltimore elevators,
recent demands by distillers practi-
cally emptying them for the first time
in years.
The cargo, subject to a 15-cent per
bushel Government import tax, is
said to be consigned to Hiram Walker
g. Sons of Ontario, liquor concern.
Grain importations at Baltimore
are rare, it is said, the only other oc-
casion on recent records being cargo
of Argentine corn sevlral years ago.