davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1937-10-19
HANNA TO QUIT
D. C. PAY BOARD
in NEAR FUTURE.
Transit Chief Points
To Health as Cause

John H. Hanna, chairman of
the board of the Capital Transit
Company, today announced he will
resign from the Minimum Wage
Board, to take effect as soon as
a wage scale for the retail trade
is determined.
In his letter of resignation, Mr..
Hanna, who is the employer repre-
sentative on the board, explained
that i'll health is the reason for
his action.
TO AWAIT DECISION
He made it clear, however, that
he would not resign until a final
decision is reached for the retail
clerks, which is the first of the
rates to be taken up by the board.
The retail trade conference of
the Minimum Wage Board, which
is composed of IL members, three
of whom are members of the board
itself, will hold its final meeting
tonight, at which time a definite
recommendation is to be made.
MAY ACT TONIGHT
The wage board, which Is ex-
pected to act tonight on the recon-
mendations must either approve
or reject the decision of the con-
ference. If the board rejects the
rate fixed by the conference it
must go back for further consider
alton to the conference.
During hearings on the wage
scale, the employees held out for a
minimum of $21.51 for retail
clerks, with the employers holding
the portion that women clerks can
get along on $14.57 a week.
The Washington times., 1937-10-19

1875 m, 1881 meg; ESQ, 1877 m.,'
1913 meg; GSF, 1913 M, 1914
meg; esd, 25.5 m, Ills meg.
SANTIAGO, Chile, 8:45 P. NJ
Symphony; Opera; Latin-Amer-
lean, Chilean and International
Music. CB960. 31.2 M, $50 meg.
BERLIN, S:45 P. M.-Reich Au-
tomobile Roads. DJD, 25.4 m,
lit meg.
CARACAS, 9:15 P. M. Dance
Orchestra. YV5RC, SIT m, So
meg.
LONDON, 9:55 p. M.-Short Re
cital of Sea ShantieS, by Redvers
The Washington times., 1937-10-19
RITES PLANNED.
TOMORROW FOR.
SOCIETY LEADER.
Interment in New York
For Mrs. FahneStoCk

Funeral services will be held in
the National Cathedral tomorrow
afternoon at 3 O'Clock for Mrs.
Carolyn Snowden Andrews Fahne-
stock, for many years prominent
in Washington social and philan-
throphic circles.
Mrs. Fahnestock, who was 76
years old, died suddenly yesterday
at the Sulgrave Club, where she
was staying temporarily while ar
ranging to open her home at 2311
Massachusetts, Ave. N. w.
Daughter Of the late General
Richard Snowden Andrews, Of the
Confederate Army, and the widow
of Gibson Fahnestock, noted finan-
cier, Mrs. Fahnestock is survived
by two sons, Col. Snowden A.
FahneStock of Washington, Glib
son Fahnestock of China and a
daughter, Mrs. Henry Drummond-
Wolff of London.
She was a leader in Red Cross
work during the World War and
was active in the work of the
Daughters of the Confederacy,
Colonial Danes and other Or
CARNATIONS. She was vice presi-
dent of the Home for Incurables
and member of the woman'S
committee of the National Cattle
dral.
Interment will be in Woodlawn
Cemetery, New York.
The Washington times., 1937-10-19

'Llewellyn, baritone. CSC, 1873
M, 1873 meg; GSI, 1876 M, 1926
meg; esd, 25.5 m, Ills meg:
GSB, Bis m, 9.51 meg.
WINNIPEG, 11:OO P. M.-Dra.
matte Presentation. GIRO, 48.7
M, Sis meg; CJRX, 25.5 m, 11.72
meg.
TOKYO, 12:45 A. M.-Folk
Songs, sung by Miss Shogyoku
Tsukino. JzK, 1877 m, 1915 meg.
SYDNEY, Australia, lis A. M.
Talk on Australia. VK2ME, 31.2a
M, $50 meg.
The Washington times., 1937-10-19
J. A. ATCHISON
GIVES EXHIBIT

Joseph Anthony Atchison, sculp.
tor and painter, is giving an exhi-
bition Of water colors and minia-
ture sculptures, at the Tiffany
Studios, Twelfth and G SITS. N. w.
Mr.. Atchison, who made the Of.
fetal inaugural medal of President
Roosevelt and Vice President Gar
ner, will be present at the exhibit
ton which continues throughout
the week.
Among the miniature works
The Washington times., 1937-10-19

shown are: 1.-THE Dance to Dawn"
Woodland Dance" Girl With a
Duck" and spirit of the Wind"
These figures, modelled in wax,
average one inch in height.
The larger pieces include such
works as give Little Friends, {"
which depicts young girl hold
ing a nest full of young birds.
The Washington times., 1937-10-19
MUSICAL AND VARIETY

s:00-JOHNNY PRESENTS - Another
Charles Martin dramatizatiOn, de-
plotting the experience of cOura-
EeOus Joyce McAllister, who
smashed a dope ring in Reno,
New. Russ MOrgan's music. .WRC
S:30-AL JOLS0N-Versatile George
Jessel appears as guest star for
second time this season on JOl-
sons variety show. Martha Raye.
Parkyakarkus and Victor YOung's
orchestra comprise the regular
cast .................... WJSV
S:3O-IT CAN BE DONE-JOhn s. Red
shaw, who took the ancient bust
ness Of trading and built It into
international recognition, tells his
story on Edgar Guests program.
Music by frankie Masters or
chestra, assisted by Masters
voices. s................W MAL
9:OO-WATCH THE FUN GO BY-AI
Pearce and his Gang stage q
Mexican Fiesta, with Louise Mas
sey and her Westerners heading
the entertainment. Don Carlos
HOff's orchestra will furnish the
rhyLnms. .................W JSV
o:O0-BEN BERNIE-Gertrude NIesen,
blues singer, and three former
Bernie Lads are the old maestrO's
guests. Fred Lawrence will sing
The Washington times., 1937-10-19
DRAMA

7:3O-FAMOUs ACTORS GUILD-Pre-
sents Helen Mencken, stinguished
American actress, in next INSTALL
ment OF Second Husband" dra.
matte serial ...............WJ SV
s:O0-BIG TOWN-Edward @. Robin
son, favorlte film pOrtrayer of
tough" roles, launches a drama
series, assisted by another Holly
wood star, Claire Trevor. Rob
insOn will take a familiar role,
that Of a hard-bolled newspaper
editor. Tho program will not be
q serial. although 1t will carry
the same characters and setting.
The plays will be completed each
night. Arthur Caesar and other
noted authors are preparing the
scripts. WJSV
s:OO-NORTHERN DRAMATIC COM.
HAN1' ......... s.....s. VOL
10 :3O-THE WITCHs TALE-"Four
Fingers and q Thum," one of the
gOriest tales that AlOnZO Deem
The Washington times., 1937-10-19
DIR. FRANK MORLEY

Final rites for DR.. Frank Nor
ley, professor emeritus at Johns
Hopkins University and regarded
as one of the outstanding mathe-
maticians of the world, were held
today in Baltimore.
DR.. Morley died Sunday at his
home in Baltimore. He is sur
vived by three sons, Felix Morley,
Washington editor; Christopher
Morley, author, and Frank Morley,
London publisher.
The Washington times., 1937-10-19
WILLIAM R. GREENWALD

Requiem mass for William r.
Greenwald, statistical technician
of the Department of Commerce,
will be held tomorrow morning at
the Blessed Sacrament Church.
Mr.. Greenwald, who was 40
years old, died Sunday at his
home, $500 Broad Branch Rd. N.
w. He is survived by his wife,
Mrs. Helen w. Greenwald; a son,
William r. Greenwald; a daugh-
ter, Kathleen Greenwald, and a
sister, Mrs. Mary Leibel.
He was member of the
Knights of Columbus and the
Order of Alhambra.
The Washington times., 1937-10-19
CHARLES COCKRELL

NAAEAAAA4A1O SOO4AASAAA
Charles Cockrell, pioneer miller
Of Fairfax county, was buried in
Ivy Hill Cemetery, Alexandria, to-
day, after funeral rites at his
home on Duke Street extended.
Mr.. Cockrell, who was IS years
old, died Sunday at his home after
a short illness. He had operated
flour mills in the county for al
most half a century, and was
prominent in civic and church
work.
Surviving are his widow, Mrs.
Margaret L. Cockrell; three sons,
Charles, william and Walter Cock
rell, and a daughter, Mrs. Estelle
Moltz.
The Washington times., 1937-10-19
Radio Features Today

EARL GoDWIN's LISTENERS ARE IN. I
VITED To ATTEND THE KEEPING
Up WITH THE TINES BROAD
CASTS AT THE NB.C. STUDIOS IN
THE TRANS-LUX BUILDING, FOUR
TENTH ST. AND NEW YORK AVE,
ANY DAY EXCEPT SUNDAY, AT Q
A NJ -...--.--- WMAI,
The Washington times., 1937-10-19

'ParadIse," Ray Hendricks.
"Alone," and Billy Wilson will
swing out with the Basin Street
Blues" songs that they helped to
DOpularize. ............. .WMAL
9:3O-HoLLYwOOD MARDI GRAS-
Amos m Andy, whose scheduled
guest stint last Tuesday was cam
celled, join Lanny Ross and
Charles Butterworth on this
broadcast, thus postpOning the ap-
pearance of Gladys SwarthOut one
week. The blackface comedians
will assist their hosts. Lanny and
Charlie, in q series Of comedy
skits running through the entire
hour. NEUTRALITY-SUSPICIOUS.. .WRC
The Washington times., 1937-10-19
MRS. ROSE LAZENBY

Funeral services were held to-
day for Mrs. Rose P. Lazenby, II,
who died Sunday at her home,
ALL Kansas Ave. N. W., after a
short illness.
Mrs. Lazenby, a resident Of the
District for the past 20 years, was
the widow of Richard o. Lazenby,
meteorologist with the Weather
Bureau for many years. She is sur
Vived by five sisters.
Inter1nent was in Soldiers Home
Cemetery.
The Washington times., 1937-10-19
DISCUSSIONS

3:O0-HoME COUNsEL-Mrs. Framed
Troy Northcross, noted home econ
omIst, speaker. Listeners are In
vited to attend her brOadcasts al
the Electric Institute. .... .WJSN
7:3O-RADIO JOE-The weekly broad
cast of Radio Joe and his Budget
Boys is dedicated to the Inter
American Horse Show. Member
of the Belgian and American
teams will speak, as will Petei
Carter and FentOn Fadeley, jr
WMAI
S:OO-HUSBANDs AND WIvES-Oper
forum on domestic problems con.
Quoted by Allie Lowe Miles and
Sedley Brown. what should be
done with the money q wife earni
when working?" will be one Of
the questions debated. .WMA1
9;3O-ALFRED LANDON-Speaks from
Topeka, Kan ........... WMAI
MISUNDERSTANDING CELLERs
AND NORRIS TREMAINE.
WJSV
ORCHESTRA DANCE TUNES
II :OO-BnLY SWANSON. ........wOI
l1:15-TED WEEMS. VOL
II :45-GEORGE OLSEN. .WJSy
I2 :0O-RUDY VALLEE. .....1,... WRC
WWTT
The Washington times., 1937-10-19

Cole has concocted to date, YIN b
presented. The drama IL . stor1
of old California during gold rush
days. Marie O'Flynn, - usual
will be costarHed with Cole, sup
ported by Mark Smith, Alan Dew
lit, Thomas Hoier. Miriam Wolf
and others. VOL
Evening star., 1937-07-25
COTTON FUTURES
GOODWIN SHARPLY
Drop $1.5O a Bale on Crop
Reports, but Recover
Partially Later.
BY the Associated Press.

NEW YORK, July 24.-Cotton lost
$3.50 per bale early today to carry the
market to the lowest levels since
June, 1886, as large crop views spread,
but partial recoveries followed. De-
cember, which had eased to 1895,
came back to the early high of lila
and closed at 11l3 with final prices
8 to 18 points net lower.
The market opened 10 to % points
lower in response to weakness at
Liverpool. Foreign markets gave a
more bearish Interpretation than had
New York yesterday to views attrib-
uted to the President that 8-cent
cotton was likely If next years crop
was as large as the present indications
for crop this year Of l4l2 million
bales. Foreign selling was quite heavy
and liquidation became general on the
decline that carried several positions
below the ll-cent level and to net
losses Of q to 80 points.
Pressure let up and the market
responded to trade buying and cover
ing. There was some buying on
theory recovery was due following
losses of $3.50 bale in two weeks.
The amount of cotton on shipboard
awaiting clearance at the end Of the
week was estimated at $4,000 bales,
against $4,000 last year and $4,000
two years ago
The RANGE follows.
Evening star., 1937-07-25
WHEAT IRREGULAR,
WITH DEFERRED.
CONTRACTS LOWER
Short Covering in July Fu.
lures Contrasts With
Selling Elsewhere.
BY FRANKLIN MULLIN.

ASSOCldted Press Market Writer,
CHICAGO, July Palate selling OF
September and December wheat
dropped prices of these contracts IL
to l7s cents bushel today while grain
deliverable this month scored a slight
advance.
The two-Uay market in wheat, re-
Testing short covering in July and
quiet but persistent selling of the de-
ferred contracts, was paralleled in corn
trade. July corn. on which delivery
must be made next week, fluctuated
rapidly at times over 81 cent range.
but the deferred contracts, on which
delivery of new corn will be possible.
lost almost cents.
The pressure of hedging, represent
ing commercial sales to insure against
possible loss in purchase of grain in
the harvest belt, kept wheat below
yesterdays close practically the entire
session. Trading was listless at times
and the market was thin with July
showing relatively less weakness than
the later deliveries. rejecting to some
extent official figures that July
stocks on farms and in interior mills
and elevators were the smallest on
record
Wheat closed u higher to Is lower
compared with yesterdays finish, July
zoos. September 1.1sl2-ss, December
l.2o'a-s4; corn was 4 up to pa down,
July l.o8l4, September e97s-1.oo De-
cember 74a4-7s: Oats lost lo-ls.,
July 80; Rye s4-212. July 80. and pro-
visions were unchanged to 8 cents
down.
Loss of about cents a bushel in
wheat this week stimulated domestic
flour business, according to reports,
and led to increased foreign INQUIRY
for new domestic grain while at the
same time tending to check heavy
farm sales.
Grain range at principal markets
today:
Evening star., 1937-07-25
Other Currencies
Quiet and Narrow
At Weeks Close
By the Associated Press.

Movement of principal world none
tary units against the dollar In foreign
exchange dealings yesterday were mar
row and quiet With Paris markets
closed the French franc kept even
and the discount on the eO-day for
ward franc shrunk a trifle
The British pound following its
precipitate rise last week lost a little
ground. 1t is believed in foreign ex-
change circles the British control
would welcome this units return to
around the s4.s7 level. Some easing
in the demand for sterling from Chi
nese and French sources was proba bly,
responsible for its dip.
Sterling was quoted at one time at
S4967s, lower by Is of a cent The
French franc remained unchanged
at $685. cents while 90-day futures
were quoted at II of a cent discount
compared with 1872 of cent yester-
day. The Netherlands euilder dropped
.04 of cent to 55.l6 while Swiss and
Belgian currencies were unchanged.
Evening star., 1937-07-25
HIGHER GROSS SHOWN
BY ASSOCIATED G. & E,
Special Dispatch to The Star

Special Dispatch to The star.
NEW YORK. July 24.-For the u
months ended June 80, Associated Gas
and Electric Corp. reports total gross
operating revenues of $l2l, 300, an
increase of s8.643,oS6, or 8 per cent
above the previous IL months period
Operating expenses and mainten-
ance rose s2,799,5o1 or per cent
higher than last year to s6078o, ,068
Taxes increased % per cent, or
s2,729232 above year ago to a new
high figure of $l4,353,2O4.
After deducting these items. net
revenue of s46,622O28 remained.
This is s3,ll4.353 or per cent higher
than the previous comparable period.
Further deduction Of s10,754,434 for
provision for retirements left operat-
ing income OF $35 5,867.594. This Is
sl,187844 or per cent above the II
months ended June 30. 1895.
Evening star., 1937-07-25
BR|GGS-STRATTON
EARNINGS JUMP
ABOVE 1886 LEVEL
Many Other Companies Also
Report Substantial Gains
in Net Profits.
By the Associated Press.

NEW YORK, July 74.-Briggs &
Stratton Corp. Milwaukee, makers of
automobile locks and small portable
gasoline engines, reported indicated
net profit for the quarter ended June
80 of s47l,49l. before Federal surtax,
equal to S1.57 share, compared with
s27l, ,377, or 81 cents share, in the
June, 1896, quarter.
For the six months ended June 80
net profit was s900,662, before surtax,
equal to SO a share on 299,s96 shares.
compared with s593,227, or sl.98 a
share, in the first half of 1896.
Island Creek Coal.
Island Creek Coal Co. and sub
sldiaries, West Virginia coal producer,
reported net profit for the quarter
ended June 80 of $2l3,4s7, equal, after
dividend requirements on the preferred
stock, to 80 cents a share on 593,865
81 par common shares This COM
pared with s183,405, or "a cents
share, In the June, 1896, quarter.
Newport Industries.
Newport Industries, Inc, Pensacola.
Fla. maker of naval stores-rosin,
turpentine, etc.-reported net profit in
the quarter ended June 30 Of S356,3lO
before Federal surtax, equal to SO
cents a share, compared with $94.966.
or IL cents share, in the June, 1896.
quarter.
Electrolux Corp.
Electrolux Corp Dover, Del, maker
OF vacuum cleaners, reported net
profit for the quarter ended June 30
of $843s67 or 68 cents a share, COM
pared with $836.2S6 or SO cents a
share in the June. 1886, quarter. For
the six months ended June 80 net
profit was sl.612,236 or s1.30 a COM
mon share against $l,558,75s or $1.2e
share in the first half Of 1896.
Interborough Rapid Transit.
Receivers preliminary report of In
terborough Rapid Transit Co. for the
year ended June 80 showed a balance
OF s2,S6l,032 after rents and fixed
charges against balance of s4,l55,-
287 in the preceding fiscal year.
American Hawaiian S. S.
American Hawaiian Steamship Co.
reported profit in the quarter ended
June 80 of $252.54O before Federal
income taxes, compared with a profit
of $300,643 in the June, 1896, quar-
ter. For the six months ended June
80 the company reported loss Of
s336,527 after strike expenses, but be-
fore Federal income taxes, compared
with a profit of $494,S43 in the first
half of 1886.
Interlake Iron Corp.
1nterlake Iron Corp, Chicago, pro-
ducer of merchant pig iron and COM
mercial coke, reported consolidated
net income for the quarter ended June
80 Of s572,s35 after charges and in
come taxes, but before Federal surtax,
equal to % cents share on 2,000, 900
no par capital shares. This compared
with a net loss of s48,978 in the June,
1885, quarter.
Corporate earnings statements re-
leased during the week showing profits
per share included:
Evening star., 1937-07-25
RETAIL TRADE TURNS UP
AFTER RECESSION HERE
Brisk Advance Boosts Store Sales l4.4l
Per Cent Above Previous Week.
5.93 Above Year Ago.

After slowing up for several weeks
retail trade in Washington depart
ment stores suddenly turned about
during the last week and staged a
lively rally which boosted retail sales
l4.4l per cent above the previous
week and 593 per cent above the
corresponding week a year ago. This
improvement was in line with def
mite turn In the tide Of retail activi-
ties in many leading cities all over
the United States. the Commerce De-
partment reported.
Bank clearings In Washington sup
ported the upturn in trade, the total
for last week being s25,842,778 in
comparison with only $2l ,604, ,789 in
the corresponding week last year.
Building permits likewise figured in a
sharp jump. the value of those issued
during the week ending July 81 reach
ing s737 400, against the much larger
figure of s449, 400 in the previous week
and s344 500 in the same week in 1896.
The rest of the fifth district joined
in the retail trade advance during
the week over both the previous week
and the like 1896 period, the Com
Evening star., 1937-07-25

merce report said. Wholesale trade
felt the stimulus Of retail clearances,
and considerable advance buying for
Fall consumption was recorded With
the price structure firm, many mer-
chants feel justified in buying moder-
ately in advance of current needs, the
summary commented.
Coincident with the Commerce re-
view came the Richmond Reserve
Banks summary of wholesale trade
for June which covers 81 Arms in the
fifth district. Hardware was In the
best demand with a 80 per cent gain
over June, 1896. Demand for drugs
was up IA per cent, groceries IL per
cent, dry goods 10 and shoes per
cent.
In the first six months of 1887 sales
in hardware revealed the best gain,
rs per cent over last year. Shoe sales
were up more than l6 per cent, drugs
is. groceries IA and dry goods T. At
the end Of June groceries stocks were
l9 per cent higher than a year ago
dry goods ST, shoes 26 and hardware
8 per cent. with no report on drugs.
Collections were unusually good, the
Richmond Bank noted.
Evening star., 1937-07-25
SLOW PROGRESS SEEN
IN SOVIET FARM AREA

BY the Associated Press.
Slow progress in Spring grain plant
ings In the Soviet Union, due to
poor seed, tractor breakdowns and
shortages Of parts, is resulting in de-
laying the crops in many areas.
The foreign agricultural service Of
the Bureau OF Agricultural Economics
IN its weekly review Of the farm situa-
ton abroad added that an early har-
vest is expected in southern regions
OF Russia, but that "a considerable
lack Of preparedness" for 1t has been
noted throughout the country, includ-
ing those areas where harvesting Is
about to begin.
Evening star., 1937-07-25
SLIGHT INCREASE SEEN
IN TRANSIT REVENUES
krecial Dispatch to The Star.

Erecial Dispatch to The Star.
NEW YORK, July 24-Revenues
for the transit industry for the week
ending July II, 1887, based on tele-
graphic reports received from a rep
resentative group Of transit operating
companies, showed q slight increase
over last year.
Transit Journals Revenue Indicator
stands at l00.55, which represents a
gain Of IS per cent as compared with
the corresponding week of 1885.
For the week ending July 10, 1887,
the indicator was 1921.
After marked dip in the indicator
last week. the transit industry showed
slight increase for this latest week.
This was spread evenly throughout
the country.
Evening star., 1937-07-25
CLEARING HOUSE ISSUES
REPORT AT NEW YORK

By the Associated Press.
NEW YORK, July 24.-The weekly
statement Of the New York clearing
house shows:
Total surplus and undivided profits
unchanged at 1894, 1853 200.
Total net demand deposits (averagc)
decreased $20,247,000.
Time deposits (average) increased
44,051 900.
Clearings week ending today, So
52,365,653.
clearings week ending July II,
$S,45l ,469.53s.
Evening star., 1937-07-25
RETAIL AUTO SALES
RECEDE DURING JUNE

Commerce Department statistics
show retail sales Of new passenger
automobiles during June stood at SO
per cent Of the 1929-3l average, COM
pared with lo4 in May and 100 IA
june . year aso.
Evening star., 1937-07-25
STEEL SCRAP BOOSTED.

NEW YORK, July "a @.-Dow
Jones & Co. said today No. heavy
melting steel scrap was advanced at
Pittsburgh IS cents a ton to $40 to
$2050, with indications that the mar
ket may go still higher.
Evening star., 1937-07-25
BUILDING HOLDS /
WELL ABOVE 1886
Boom Continued In First
Half of Year, According
to National Survey.
BY the Associated Preas.

BY the Assoclabe0 PreeS.
CHICAGO, July 24.-The United
States building boom continued the
first half Of 1887, q Nationwide survey
disclosed today. despite rising ma
terial and labor costs.
The National Association Of Build
ing Trades Employers semi-annual
survey showed construction IN A
States the first six months was valued
at sl,558.6l9,517. an increase of IS
per cent compared with the cor
responding 1886 period
During the first six months of 1885
the increase in building was IS per
cent compared with the corresponding
1885 period. when the valuation was
only S758.748.922. Current building
operations apparently are at the best
level since 1881. and the associations
report indicated no signs OF a let
down although the rate Of improve
ment over year previous has mar
rowed.
Receive High Wages.
E. NJ, Craig, secretary said building
mechanics in New York. Chicago,
Cleveland. Cincinnati and Boston
were back to former high wage levels.
Most cities have the 40-hour week and
in few 80 to IS hours work weeks
prevail.
Due to the activities of dual ma
tional labor groups securing collective
bargaining concessions along with pay
increases in many industrial plants"
Craig said. building tradesmen are
inclined to believe they are under
paid and demand higher wages than
the public is able to pay consistent
with current earning power. Increased
(see BUILDING, Page G-4)
Evening star., 1937-07-25

Cottonseed oil closed steady; detachable
prime Summer yellow. 9.1Ob-30a: prime
s.4sb: October. s.45b: December. s.45b;
January S46b: March. 8.4Sb.
Bid. Asked
Evening star., 1937-07-25

Cottonseed oil futures duplicated
the trend of cotton, breaking sharply
early. then rallied partially. finally
closing with net declines of to 8
points. Sales totaled 108 contracts.
There was general liquidation early,
promoted by the good cotton weather
and crop reports along with easiness
of lard. Around s.S4 for December
however, pressure tapered off and
rallies Of to points from the lows
when a covering movement disclosed
an oversold market. Bleachable spot,
nominal; September, S97; October,
SOL: December. 500; January, 8.93,
and March, 895.