davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
CHICAGO FRUIT MARKET

Baldwins, 81 509i 50 5usheI csrrotsA j1 i.
nois, so cents bushel Spinach-Texas.
55cd 81 IS bushel. Beans-Southern green.
tral western dollhouse. s2d25O 2 doz. to
box. Tomatoes-Florida. s125G275 lug.
bu.i. Sweet potatoes-Tennessee s1.60m
nois. I7iad 32iac. Asparagus California.
s22sG3.25 tdoz. bunchesl Leaf lettuce
Illinois dollhouse, 12izc box: 35d 40c TO
western tern vaIenci Gn m 75cGsi 1 Western Western
whites. sl.z5G l5O; Michigan yellows, 651
S5c: Oregon yellows, T5G 85c: central west
era yellows. 50GS0c: Texas yellows. SITS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Indianapolis Cash Grain

-April r.
The bids for. car lots of grain at the
call Of the. Indianapolis Board of Trade
l. Q. b., shipping point basis Ala New
Wheat-Weak; No l red. sl1z a82lac.
n. 2 red. 8olad81l2c: No. 2 hard 5000
.Corn-Easv: No. white. 44645c. NO. 4
white; 43G44c: No. 3 yellow aga 43c No.
yellow. Ala 42c: No. 3 mixed. 41d42c:
Oats-Weak;o No. white. 2s6 soc: No.
Wheat-No. l red / car: No. 2 red ?
cars Total. 3 cars
Corn-No. 3 white cars: No. VEL
cars
Oats-No. 2 white. S cars; No. white.
cars: No. white l car. Total 3 cars
Rye-No. 2. cars. Total cars
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Bright Spots
(By Abbott. Hoppin & Coz
Dome Mines output in March totale
S615, 227 against $510,577 in March of 193

(By Abbott. Hoppin & Coz
Dome Mines output in March totaled
s615,227 against s51O,577 in March of 1888.
Superior Oil Corporation and subsid-
iaries in first quarter of this year had a
net profit of S74.594 after charges
against net loss of S1S7,OS9 in the like
1888 quarter.
Union Pacific Railroad Company March
operating income totaled $665,59
Retail deliveries by the Chrysler Motor
Car Corporation during the week ended
April totaled 1855 cars, new high for
the year.
Fair Company in the year ended Jan
81 had net profit OF S250. 572 after
charges against a net loss of 1857, 946 in
the previous year.
Utah Copper Mining Company in 1888
earned 81 cents common share against
net loss of S2,469,1O in 1882.
Gulf States Steel Company in the quar-
ter ended March 81 had net; loss Of
first quarter of 1888.
Business booked by Baldwin Loco Works
ter of this year amounted to $685., 900
against $1,500,000 in the like 1888 period.
International Cigar Machinery Company
the common stock, Previous payment was
37lz cents a share quarterly.
American Machine and Foundry Com
pany declares the regular quarterly
dividend of 25 cents a common share.
American Beet Sugar Company in nine
months ended Dec. 81 earned S24.6 SO a
share on the per cent preferred stock
After allowing only nine months dividend
requirements on the preferred, balance
was equal to s2.58 a share on the COM
mond stock.
Libby Owens Ford Glass Company de-
clares the regular quarterly dividend of
80 cents a share on the common stock.
Consolidated Mining and Smelling
Company and subsidiaries in 1888 earned
S1.62 a share on the common stock
against a net loss of So, 9O8, 1O2 in 1882.
Chicago, Rock Island e. Pacific Railway
lines February net loss was S1,288. 048
after charges against s1,604951 in Feb
ruary. 1888.
Lehigh Portland Cement Company in
twelve months ended March 81 had a net
loss of S434, 407 after charges against
s2.164, 166 in the previous twelve months.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Chicago Stocks
Bv Abbott. Boppin & Co.
ATLANTIC & PACIFIC
SALES REVEAL GAIN
Increase of S6,312,S67 Shown Over
Same Period of 1888.

Sales of the Great Atlantic &
Pacific Tea Company for the five
weeks ending March 81 amounted
to S81 ,292 400. This compared with
S74.979, 542 for the same period in
1888, and is an increase of S6,312, 1867,
or 842 per cent.
March sales expressed in tons
were estimated at 477.S25 this year.
compared with 495,208 in March
1888. This is a decrease in quantity
of merchandise sold of 1883 tons,
or 351 per cent.
Average weekly sales in March
were $16,258,482. compared with
$14,995 ,9O8 in 1888, an increase of
S1,262 STA. Average weekly tonnage
sales amounted to 1866, compared
with 99,O42 in March 1888, a de-
crease of 3,477 tons.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13

American Beet Sugar Company in nine
months ended Dec. 81 earned s24.6 SO a
share on the per cent preferred stock.
After allowing only nine months dividend
requirements on the preferred, balance
was equal to s2.5s a share on the COM
mond stock.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Wall Street
Amendment to Dies Bill
Provides for Wider
Currency Base.
by RALPH HENDERSON,,
Tines Special Financial Writer

CENATOR THOMAS amendment
~ to the Dies bill calling for the
purchase by the government Of all
the silver in this country and the
purchase abroad of additional
amounts of the white metal has re-
ceived the approval of the senate
agricultural committee. The effect
Of such a step, if taken, would be
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
INSURANCE SALES UP
New York Life Reports Gain of IA
Per Cent for First Quarter.

By ItmGS SpCctdt
NEW YORK, April 13.-Thomas
A. Buckner, president of the New
York Life Insurance Company, an
nounced today that the volume of
new applications for insurance re-
ceived by his company in March
was higher than any month of the
last two years.
During the first quarter of 1884
sales increased IA per cent over 1888,
the amount of new insurance upon
which the first premium was paid
being $1O9, 900 as compared with
$96,094,OO0 last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Chicago Futures Ranqe
CHICAGO CASH GRAIN

No. 3 red. 88Iac; No. 2 hard. ss5c: No
2 hard weevily csiac No. 2 mixed s6c
Corn-No mi1ed. 4ss4c;, No. 3 mixed
low. old. 49i5G49ssc: No 3 yellow. az ? a
ACC; No, 3 yellow. old. 49iac: No. s vel
low, 47hc; No. 2 white. Sic; No. white
ing. No. yellow. ACC; No yellow. az &C;
No. white, 51i2c. Oats-No white
33G 34c: No. 2 white lake. 327zc: No. 3
lake. white. 31Ac Rye-No quote Barley
SO a sc. Timothy . s6.50d s 90 Clover
sseeeSd5ISlll g12.s5. Cash PrroyisionsaaLard,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
FUTURE VALUES
DROP FRACTIONS
/. IN LIGHT TRADE
Continued Selling of May
Deliveries WeakenS
All Months.
BY HARTMAN w. NICHOLS
United Press Staff Correspondent

CHICAGO, April 13.-Stocks were
lower and grains followed the pace
at the opening of the Board of
Trade today.
Wheat deliveries were 4 to y
cent lower; corn was Is to !, cent
lower; oats was Is to : cent lower.
and rye was down i to = cent.
There was nothing in the news
to encourage buying and liquida-
ton of May deliveries continued.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
NET EARNINGS INCREASE
North American Car Corporation
Shows Three Months Gain.
BIZ Times Special

BIZ tmes special
CHICAGO. April 13-Earnings Of
the North American Car Corpora
ton for the first three months this
year were slightly above the CORE
spending period last year. n. L.
Howard. president. announced at
the annual meeting of stockholders
here this week.
All officers of the concern were
reappointed, and bylaws we're
amended to allow directors. at their
discretion, to place a mortgage on
real estate owped.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13

quite similar to
the nationalist
ton of the gold
in the United
States ordered a
few months ago.
The Thomas
plan calls for
the issuance Of
currency against
the silver thus
acquired. That,
QdJuI any, WOulQ
materially broad
en- the curcen-
cy base and, if
C arrie out
would greatly
in CT e a S e I h e
a m o u n I OF
money in circu-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Officers Are Reelected

NEW YORK, April 13-All off,
GERS and directors of the Western
Electric Company were reelected at
the annual meeting of stockholders
here recently.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Seat Value Increases

By Jnifed Press
NEW YORK, April 13.-Arrange-
ments were completed yesterday for
sale of New York Stock Exchange
seat at $4,000, up $4,000 from the
- PREVIOUS transaction.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
TOLEDO CASH GRAIN

TOLEDO. Apr4l 12.-Grain close: Grain
in elevators, transit billing. Wheat-No 3
red SS@sOS C0rnIoN az. yellow, 52@
2, 649 Csc Track prices 28i2c rateI
Wheat-No. l red. IS a IS &c: No 2 red az
G85c; Corn.No. 2 yellow. 47126 48l2c; No.
yellow, 46l26 4712c: No yellow 45l3m
461ac. Oats-No. 2 white. 33ds4i5c: No.
8 white. 321a q 34c. Seed close: CInver-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
TREASURY STATEMENT


BU JnlFed Pfe8s
WASHINGTON. April 13-Government
expenses and receipts of the current fiscal
year to April II. compared with the cor
responding period Of the previous fiscal
year:
This Year Last Year
Expenses S.. 1923. TAG. 973 50 So 9lO, 242. 348 80
Receipts 1897 289. 36139 1574, 425 1853 so
Deficit 2,731 457.6l2l3 1885, BIG, 1886. 80
Cash Bal ASS, $50, 68174
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
COLD MINING
ISSUES HIGHER;
OTHERS WEAK
General List Turns Lower
as u. S. Dollar Gains;
Trading Dull.
Average Stock Prices

Average Of thirty industrials for Thurs
day High. io5s2 low iO4 80, close. 1o4 30;
of. .36. Average Of twenty rail5. 50.4s
utilities 1852 25.75. 2el5. up 30. Aver
age Of forty bonds. 1896 up 20. Aver
Of ten first calls. 80 70 of 10. Average
Of ten utilities. s735. up IA. Average Of
ten Industrial, 9716. up 40.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Daily Price Index
Ru United Press

~ Cnlted PfeSS
NEW YORK April 12.-Dun & Brad
streets daily weighted price index of
thirty basic commodities compiled for the
United Press:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
BIZ Times Special


LOUISVILLE. April 13.-Cattle = Re-
ceipts., 100; supply very, light: quality
to medium steers and heifers salable, 81
as; better finished kinds eligible: S5,25
ass and above for strictly good ba BY
beef type yearlings: beef COWS mostly. So so
a $50: smooth heifers types quotable high
er: bulk low cutters ana cutters. s1.256
2.25; sausage bulls. s3.75 down: common
to medium native stockers and feeders, So
"A; most desirable Hereford and short
horn stockers, s5d SIS Calves-Receipts
$50. steady: bulk better vealers s450d
5; strictly choice eligible to $3.50; medium
and lower grades. $3.50 down. Hogs
Receipts. 800: market. steady: 170-240 lbs,
81: 245-270 lbs. SO IS: 275 lbs. up. SO 30
1875 lbs, S3.15; 120-140 lbs. 81 30; sows
s2.05. Sheep-Receipts. Is: steady; me-
dlum to good wooded lambs. s7G8: choice
eligible higher common light throwouts.
IS: fat wooded ewes. S2.50G3: better
spring lambs salable. sl0G1l.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Produce Markets

ducks. full feathered and fat. 4la lbs. and
over e: geese, SC; young guineas, ~ to !,
fuii case must weigh S lbs. gross; de-
duction Of lOG , o. opqndd for each 4Gund
Is a 26c. No. 2 23d24c; butterfat. 2lc.-
quoted by Wadley.
By United Press
CHICAGO. April 13.-Eggs - Market
Arm; receipts SO, 602 cases; extra frsts
ceipts, 15Ac; dirties lac; checks, 13l2c
Butter--Market.. firm: receipts 1916 tubs;
extra hrsts Cso-S11a scorea 81 81 4 6 6:
8s-87le score zoe; extras ,S2 scorel
2ll2c; specials. 22G 2212c: standards. 81 &C
Poultry-Market. firm receipts. 10 trucks
one car; one car due heavy hens 10
springs colored and White Rocks over
lbs, 23c; colored and White Rock Broilers
26c; Leghorn broilers, &c barebacks. 19c;
CO pons. zoe: colored and White Rock
fryers over lbs, Csc; Cheese Il
12f longh9Tnf l2 STOCK smpe1
liberal: demand and trading slow market
about steady; Idaho RussetS one car $1.65
two cars. 1879. three acrs. s170. COM
one car, '$i.35; Washington russets com
bination grade two cars, $50; Colorado
McClures one car $1.65; one car $l '
Minnesota ana NORTH DakOla neO river
Eearly ,Ohios one car s1.45, one. car sl5o;
Nebraska triumphs one car LAS. New
stock-Supply moderate: market nominaIiy
steady; no sales reported. Shipments $50
arrivals &c. on track 339.
NEW YORK, April .-Potatoes-Dull;
&SsS bbf Maine sIas25 bb IDAHO
s2G220 sacfl; Bermuda: $4Q5.50 Dbl;
Canada, 81 8OG / 80 Dbl. Sweet Potatoes
Firm: Jersey. basket, 5Ocq 81 80; Southern,
basket 60c 81 IS FlOur-Earier-SDrln
patent, S6I5G6.40 Dbl Pork-Steady
mess, $20.25 Dbl. Lard-Dull; middle west
spot, $4.6o@4;7O per 100 lbs; Dressed
ems, $d29c broilers, 16Q29c: capons, 200
32c; fowls, 14@18c; Long Island ducks.
I51a@17c. Live Poultry-Firm; geese, "a
8a12c: fowls, 17@ 1ac; chickens. 10a 12c'
Easy; state whole milk fancy to specials,
1S@sf Bq6erFsGept Sss pf San
extras 2sH G24c; extra. 90 score 2sc;
firsts, go to 81 score 1924 q 23c; frsts:s SO
centralized, SO score, 2234c. Egg. Receipts
1926 cases; market firm; special packs.
including unusual hennery selections: 49,
@2oAc standardIs ISg 1916; TSts' 1 15sc
dirties, Ice; checks, 15d15l4c; storage
packs, TIC.
firm; extras, 251ac standards, 25i2c. Eggs
Market. firm: extra white; l512c cur
colored fowl, Az lbs and up. tic; colored
fowl medium, 1905 Leghorn fowl, go
lbs and up, 15c; Leghorn fowl, ,13c; br9il-
white; So lbs. and up. zoe, ducks. light,
fancy Rock. 2sc; broiiers, Leghorn. 2sc;
stays lao l5c; Potatoes, Maine, mostly
Ohio and New York, $1.s5@1 80; Michigan,
$3.50 100.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
TNpIANAPOLIs WAGON wHrAr

City grain elevators are paying rs cents
Tor No; soft red wheat. UJner grades
on their merits
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
u. S. Government Bonds


bV LWIItW Ttoo
NEW YORK April 12.-Closing Liberties
(Decimals represent thirty-secondS.)
-Iihertv-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
In the Cotton Markets
Retail Coal Prices

The following prices represent quota
tons from leading Indianapolis coal deal
ers. cash discount of Is cents per ton
nOMrSTTC RETAIL, PRICES
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
TINE thing about which the man

TINE thing about which the man
Il in the street would appear to
have logical complaint is the fact
that our bankers have proven to be
as frail in credit judgment as any
one else. They will lend money
freely when prices are at the top
and hide their money in vaults when
values are at their bottom. Instead
of helping to stabilize business, they
tend to depress trade in bad times
and to create boom conditions in
good times.
Bankers. generally speaking, hold
to the principle that natural eco
nomic forces should be permitted to
have full sway. BY taking such a
stand they refuse to recognize any
public responsibility. In view of the
fact that the products in which they
deal-money and credit-are so very
important to the general public and
because of their attitude it is not
surprising that the government
should take a hand in trying to
work out better program.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Bank CIearingS

INDIANAPOLIS STATEMENT
April 10
81 ,5OS, UUU.UU
ebits NEUTRALITY-SUSPICIOUS.. 1895 900. 90
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Market Higher

Market Higher.
Q40-160) Good and choice S 35O0 $40
Light Weights
G60-180) Good and choice. 40
10000 Good and choice =. 40
Medium Weights
(2Oo-22O) Good and choice :. 41O@ APO
(220-250) Good and choice =. 41O@ APO
Heavy Weights
(250-290) Good and choice =. 4106 APO
(290-350) Good and choice E. 5000 40
1850 down Good ............ s25@ $50
$50 up) Good ............... 31O@ 335
(All weights Medium ........ 5000 325
Coo-13o) Good and choice :. 2.25@ 800
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Other Livestock
BY United Press

G1 I'll ASIAN APrI dr.cE.
6s 'eSi 2s9oF t05n s4ao $4,000 5
s3.9O@4.10; 14O-17O lbs. $3.6O@41o;o good
PIGS $275@s25 packing bg SOws cb8;eo
s3.50@41O: light weight, 10000 lbs, good
and choice, $S9oG 400; medium weights,
2OO-25O lbs; good and choice, $4@4 20;
choice. ss75G4Io; packing soTs, 275.550
ter pigs 1Oo-1sG lbs: good ana nd choice
$685. Killing Glasses fay ace sfead
to strong; heavy steers and all cows shade
higher in inst ss common sge 81 METERS
Cd yeaieTs, $sSel5o; geneSsi Quality plain;
900 lbs, good and choice, $3.50 I rs: 900
So sS g9od eo ond a Gh9C ehoes
100: 1901, 500 lbs. good and choice, 1928
ago; 550-l, 300 lbs, common, and medium;
choice, $S.25@ 1856; common and medium
s3.50d 5.25; cows, good, So 75q $50; COM
mon and medium, s2.85@3.75; low cutter
and cutter, s1.9O@2.85;, bulls, yearlIings
common and medium. s2.75@3.35; vealers,
good and choice. $50 $50. medium. sac
feeder ST cat sfeefs Ss g S0
dunn. sS.25d475. .Sheep-Receiptss, $4,000;
increased inc ssd numbers s sellers asking fully
Steady to stronger. but little done early;
good to choice kinds. help upward to $3.50
and above; early bids under $685. sheep,
80 lbs down good and choice, seas So;
common and medium, S7G9; 90-s8 lbs,
good and choice, S8.756e.50; ewes, 90-l50
lbs. good and choice, S3.7565.25; all
weights common and medium, s3q425.
LAFAYETTE April -Hogs-Market.
10 to IS cents higher: 20O-325 lbs. s3.75G
SOS: 10000 lbs s3.75d3.85: 140-16O lbs.
s3.2563.50; 125-l40 lbs. s2.75@3; 100-125
$3.50. Top lambs, So.
10 cents "a higher 1 25o-soO lbs. s4.1o; 200
$50 lbs, 1895; 10000 lbs 1885; 160-1sO
lbs, SO so; 15O-16O lbs, sS45; 14O-15O lbs,
is SSl5S S 6s s2o r d91sO 9S
stays 81 so Calves $3.50 Lambs SO
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Foreign Exchange

(By Abbott, Hoppin & co.,
-Apri1 12-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Federal Farm Loan Bonds

Home Loan As, July l, 1851. 1905 101
3Hs March is, 1964-44 80. 10024 1919
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13

Chicago, Rock Island & Pacific Railway
lines February net loss was S1288. 046
after charges against S1604, 951 in Feb
ruary. 1888.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13

lation. To that extent it would be
highly inflationary. These silver GER
tificates, however, would not be
comparable to greenbacks, which
have no metal backing
Senator Thomas and his follow
ers argue that there is not a suffi-
Gent amount of currency in cir
culation to take care of the needs
of trade. It is to correct that stu
alton and to stimulate trade by in
creasing the price of silver that they
would use the white metal as a
monetary base. They have tackled
the provision on to the Dies bill,
which is an agricultural measure
because they feared that if it was
offered as a separate bill it would
go to the banking and finance COM
mittee and be tabled.
n II
TINE RIGHT WINGERS take the
Il position that we already have
enough currency in circulation and
that what we need to help business
along is to stimulate, credit circula-
ton. They make the point that we
have as much currency now as We
had in 1929 and could issue a great
deal more as a result of gold devalu-
alton if we wished. Moreover, they
are greatly afraid of anything which
savors of imitation.
Both sides appear to be sincere
in their positions. The fact of
the matter seems to be, however,
that, white the currency total is
imposing when compared with 1929
figures, no artificial means has been
devised to furnish credit to business
except through government loans.
Credit expansion undoubtedly will
come about naturally when and if
business improves and confidence
is once more restored. And if 1t
were certain that the upward trend
already established would continue
it would seem advisable, perhaps, to
sit tight and await normal develop
ments. But serious doubts have been
raised about the permanency of the
rise in trade. Many sO-called au-
thorities anticipate another setback
in a few months. Should such
prove to be the case it might be
well to have a new stimulant handy.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13

Consolidated Mining and Smelling
Company and subsidiaries in 1888 earned
S1.62 share on the common stock
against a net loss of S2,908.102 in 1882.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-13
Chicago Primary Receipts

April =
The Washington times., 1934-10-10
ASSASS|NA ION
AFFECTSFEW

NEW YORK, Oct. 10 G.N.S0.
With the exception of foreign
exchange, and the effect there is
not likely to be lasting, no re-
percussions are looked for in
Wall Street markets from the
assassination of the Jugoslavian
K in g-Dictator Alexander and
Frances foreign minister.
Wall Streets interest in the
assassination centers in the
effect, if any, it will have on
the French franc. The franc,
due to Frances known heavy
interest in the country, sold off
yesterday on the news, but it was
firm today.
France is the leader of the
gold bloc nations, whose positions
are none too secure these days.
If the franc were to crumple, it
would carry down the other gold
currencies. This is the chief
danger in the situation. Such a
development. though, might have
the beneficial effect of bringing
to an end the present world
monetary deadlock.
The Washington times., 1934-10-10
COTTON F|RMER
AFTER BREAK

NEW YORK, Oct. 10 0.N.SO.
Reactionary tendencies continued
to predominant in the Cotton
Market today, as the list eased
to new lows for the season be-
fore meeting scattered support
at the lower levels.
Initial quotations were off 4
to 7 points, reflecting Liverpool
Cables that were almost a dozen
points below due prices. On the
call December dipped to 11.96,
equalling the low point set on
June S, last. Contracts recov-
cred somewhat in subsequent
dealings, but lack of sustained
buying retarded the up5wing.
Early offerings were furnished
by Southern interests, spot firms,
Liverpool and the continent.
Locals bought on a small scale,
while the domestic trade con-
tinued buying operations on a
scale down. Later in the fore
noon, some Wall Street buying
was noted, but this failed to at
tain any appreciable proportions.
Export figures continue dis
couraging, the total yesterday
being a third of those of the
same day last week, and for the
week to date about a third of
the corresponding 1888 period.
The season figure is now 1856
bales, against 1,66l,795 last sea-
son.
Noon prices were off 2 to 5
points, with October off 2 at
11.9O, December off 3 at 11.99.
January off at 1903, March off
3 at 12.11, May off 5 at 1918,
and JULY off S at 1920.
The Washington times., 1934-10-10

the beneficiary of a mild flight
of capital yesterday, was weak.
Bonds improved under the lead.
ership of Government issues. Com
modities were better with grains
up a cent a buShel.
Old-Timers Rise
Today's market showed oldtime
leaders like the steels, rails and
industrials in the van. U. S. Steel
rose more than a point in the
face of the uncertain tone Of the
Iron Age review.
Gains of a point and more were
scored by such rails as Atchison,
New York Central and Union Pa
cific despite the poor traffic
showing last week.
The only favorable trade index,
the rise in power production over
year ago, was without effect on
the utilities which moved in a
narrow range.
Among the individual features
were Westinghouse Air Brake and
New York Air Brake, which rose
more than points each without
any news to account for their
Spurt,
The Washington times., 1934-10-10
Century to Pay
Another 10 Pct.

Century of Progress will pay
another 10 per cent to hold
ers of the outstanding gold
notes on october, Is, thereby
reducing the amount Of notes out
standing to $1.445.820, according
to Controller Tveeter. The pay
ment to be made totals $924,620
and includes about $4,000 of in
terest. Mr.. Tveeter stated that he
expects the exposition to be able
to pay another 8 per cent, which
would make total payments on
that basis equal about SO per cent
Of the original bond issue, and
would leave outstanding about
$3.50, 900 Of principal unpaid at the
close of the fair.