davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-03-02
10 Low Yield Bond!
BY the Associated Press


NEW YORK. March 2.-Despite
absence of a definite trend, the bond
market recorded a considerable num-
ber of gains today.
Higher by fractions or more toward
the final hour were loans Of Great
Northern, Allegheny Corp, American
g. Foreign Power. Pacific Gas, Penn
sylvania, Shell Union. Interborough
Rapid Transit, International Mercan-
tile Marine and North American Edi-
son.
United States Governments held tc
a narrow path. There were a few
slight losses in Treasures.
On the loss side were bonds OF Bal
timore g. Ohio, New York Central,
Missouri Pacific, Southern Pacific,
Cleveland Union Terminal, Central OF
Georgia, St. Paul g. Erie.
Puerto Rico American Tobacco IS
gained about points on small trans
actions
Evening star., 1938-03-02
FOREIGN EXCHANGES.

NEW YORK, March " (P.-Moderste
pressure. put most European. .currencies
slightly lower in terms of the dollar today.
The. pound sterling lost ). of a cent
and the French franc 0,00l4 of cent.
Unchanged we're the belga and Swiss franc.
The gulder dropped 0.01 of cent.
In London and Paris the dollar steered
narrow course.
Noon rates follow:
Great Britain In dollars; others in ceuts.
Great Britain. demand. -5.ulss cables.
5.0lss; 61-day bills, 5.O07s;> France de-
mand, 3.:6i.; cables, 3.26;4 Italy. de-
mand. 5.36ls; cables. o.26l2.
Demands-Belsium, 1898: Germany,
free, 4O.49: registered. o045: travel. "a So: ::
Holland. 55.95; Norway, 80. Sweden.
Switzerland, 3:s.sa: spain unauoted; Portu-
gal 1861: Greece. .o,92: POLAND. 1900:
Czechosloyakla. 3;2lss: Yueoslayia, ..a5;
MIA. . 74la; Argentina. 33.44n: Brazil
tree), soon; Toxic. 2a.O5: Shanghai.
29.76, Hong Kong. 81 .45; Mexico City.
81. 80: Montreal in New York. 100: 90: New
York in Montreal 10000. n-Nominal.
Evening star., 1938-03-02
General Upswing
In Autos Is Seen
In Coming Week
BY the Associated Press.

DETROIT, March "A general
upswing in all automobile plants is
planned beginning next week, Automc-
tive Daily News said today. The in
creased factory activity. it added,
should continue "well into the sum-
mer. duration of the upped operations
depending, Of course, on the extent
OF the anticipated spring sales rise
and success of the coming national
used car exchange week"
The trade weekly estimated the
current weeks output at 53,299 units
compared with 57,386 last week and
128,198 this week year ago.
Evening star., 1938-03-02
Advisory Council
To Meet April 3
At Idaho Resort

The Commerce Departments
Business Advisory Council Of 56
prominent bu~!ness leaders will
meet at Sun Valley. Idaho, April
3 to 5.
Chairman w. A. Hartman said
today the Western location for
the session will enable Eastern
members to confer with Western
farm and business leaders en-
route to the meeting and at the
site.
Evening star., 1938-03-02
PITTSBURGH LIVE STOCK.

PITTSBURGH March . LP (Pennsyl-
and unssd states
100 direct; good demand: steady: TO-
21O pounds. 9.75-9.s5 300 pounds up.
s.0O-s,50 100-150 pounds. 9.00-9.50;
sowS $50 down.
Cattle. 225. including 175 direct; nom
inal; best steers Monday. 900: calves.
900. including 200 direct; steady; top
vealers 1900
Sheep. 1900 including 500 direct:
steady good and choice lambs. $50 to
largely 900: tops. 900: throwouts 1.T5
down: best shorn lambs 7.5O. equivalent
to 7.60 or better: good sheep 5OO-5.25.
Evening star., 1938-03-02
NEW YORK PRODUCE.

NEW YORK. March 1P,-Eggs, 80
s26; firmer. Mixed colors: Special packs
lgl2-20a4; standards, 19-l9l4; firsts. IL
liza; seconds; 16'4-11; mediums and
dirties. No. l l6ia; average checks 15la;
storage packed f1rsts. lsi2-24.
Butter. 1908. 2s3; firmer Creamery:
Hisher than extra. 30a4-3l,2; extra g:
seconds 'S4-S1) @1-cs
Cheese, 301.93s, steady; prices un-
Evening star., 1938-03-02
U. S. TREASURY NOTES.
NEW YORK. March = LP.-Prices
quoted in dollars and thirty-seconds:
FINANCIAL BAROMETER.
BY the Associated Press

NEW YORK. March 2.-Brokers' loans
resumed the declining trend in evidence
since June 1887, during the week ended
February 90. The current level is pre-
cisely one-half the recovery peak. and not
far above the low point for the depression
touched in mid-1932.
The slump during the last eight months
Of course, reflected the sharp drop in stock
Loans to brokers and dealers by Fed
eral Reserve members in 101 cities COM
pared as follows
Week ended February % S731 900, 600
Previous week G47,000.0 900
Same period last year. 100000, 900
Evening star., 1938-03-02
S6. 5,69S.5O
NET PREMIUMS WRITTEN DURING
THE

Totals S3.s6s, ,99Al5 SlO.125.79
F. J. GOBBIE
Vice President and Manager.
J. URMSON.
Vice President and Secretary.
Subscribed and sworn to before me this
! 9th day OF February. 1898.
tSealD GEORGIANA LOCAS1O,
Notary Public.
My Commission Expires January 81. 1913.
Evening star., 1938-03-02
ODD-LOT DEALINGS.

The Securities Commission reported to-
day these transactions by customers with
odd-ot dealers or specialists on the New
York Stock Exchange for March ]: 3,3l
purchases involving $4,000 shares. 3,325
sales involving S6,193 shares.
Evening star., 1938-03-02
MONTREAL SILVER.

MONTREAL. March 2 R.-silver fu.
44.60: May, 4x.36; July. APO.
Evening star., 1938-03-02
NEW YORK BANK STOCKS
NEW YORK, March . IP,.-1nvestment
Bankers Conference. Inc:

LONDON BAR GOLD.
LONDON. March 9 GP.-Bar gold 1895
10d, UP IA penny. Equivalent, S35.OS)
Budd, Edward c., Manufacturing
Co.-1937 common share earnings
were 48 cents, against IS cents.
Evening star., 1938-03-02
nISpIIP PSEAHENrG

DISBURSEMENTS.
holders for losses S53n4 go"
All other disbursements 1886 5S5 SIS
Total disbursements S11 .14l ."3S.O0
ASSETS. -..
Real estate S7sc1s43!
Mortgage loans on real estate 434 2a4
Bonds and stocks 1895 ~ "a
Cash in companys ONCE 80 So 80
Deposits in banks LISA 2S4.26
Premiums in course OF COL
lection 142 696 lo
Interest and rents due or ~
accrued - So oa5 ~
All other assets --------- eI25s5I6
Gross assets sI3.3?455s55
Deduct assets not admitted 81 800 O.,
Total admitted assets s1a.463 1s7 .s3
LIABILITIES
Total unpaid claims $3.50. 3"3 o.
Total unearned premiums 39l23S0 30
Other liabilities -- 2,6l9529 80
Surplus over over al al liabilities ss77.s54a7 9iaS
Total ---- sI3.463.1s7.s3
NET PREMIUMS WRITTEN DURING
THE YEAR.
District of
Auto liability ss.5!Soao.es !S'55 cs2'G%s'i sa9osis
AUTO property
An'6 'S"Sfh cofIison as"- S"9 aa4494t a4t4t 4?-33Ss
Comprehensive Sa0Ol--O7 1925 so
Totals s1ooo4o5 s1osG4 90
T F; cANPpE1I c!Essspie yise s. President.
Subscribed and sworn to before me this
lSth dav of Februarv 1898
'Seal1 BERTHA POWELL.
,, Ny compassion expires the 26th day Of
January, 1889.
Evening star., 1938-03-02
STATEMENT OF THE CONDITION
OF THE
State Farm Mutual Automobile
Insurance COMPANY
INCOME.

Of Bloomington Illinois. on the 31st day
of December. 1887 as required under Sec
tion 647 of the Code of Law for the District
of Columbia.
Evening star., 1938-03-02

OF New York on the g st day Of December
1887, as required under Section 6f1 of the
Code OF Law for the District of Columbia.
INCOME
Total interest and rents 1s1,9s2. .sS
Other income 1887 .6S
Total income -------S4.O75.619.7
DISBURSEMENTS.
Net amount paid policyholo-
ers for losses 81 .I4S.4l3.17
All other disbursements - 1,S1O,111.12
Total disbursements S3.61s, ,524.29
ASSETS.
Bonds and stocks s4,6I5,5fe. g.
Cash IN companys Office 20349. "a
Deposits in hanks 5l2,ll1.1O
ton 1.1O9,76s77
crued .ONN-~-- 5O,5"5 "a
All other assets ------ 6O.Sy4 50
Gross assets S6,369 @:,2 A i
Deduct assets not admitted 353 523 96
Total admitted assets S6.O15,69S.5O
Total unpaid claims S16ss. 800. .s5
Total unearned premiums l,916,56l .1:5
Other liabilities -- 39S, ,124 "a
Capital paid up 100000. 90
Surplus over all liabilities 1,202,7l1 .3S
Total S6,Ol 5,69S. so
Evening star., 1938-03-02
STATEMENT OF THE CONDITION
London & Lancashire Indemnity
COMPANY of America

OF New York on the 3ls day of December
1887, as required under Section 6f7 of the
Code OF Law for the District of Columbia
Evening star., 1938-03-02
The Baltimore Life Insurance
COMPANY

OF Baltimore. Maryland on the 31st day
OF December. 1887. as required under Sec
tion 641 of the Code Of Law for the Dis
trict of Columbia
Evening star., 1938-03-02

I OF THE [
OF THE
Evening star., 1938-03-02

AotoiS r1Ol'OG .o4
OSCAR L. SHEWMAKE President.
E. N. HARDY. Jr. Secretary
Subscribed and sworn to before me this
25th day of February, 1895
(Seall ELIZABETH LAYNE.
Notary Public.
Evening star., 1938-03-02
Empire State Insurance
Company
of WatertaWn. New York

On the. 3lst dav OF December. 1887. as
required under Section 641 Of the Code of
Law for the District of Columbia
Evening star., 1938-03-02

STATEMENT OF THE CONDITION
Evening star., 1938-03-02
STATEMENT OF THE CONDITION. OF
The United States Life Insurance
Company

In the City of New York, of New York.
N. Y, on the 31st day of December 1897.
as required under Section 647 of the Code
OF Law for the District of Columbia,
Evening star., 1938-06-13
Try Our Hosiery Repair Service

We repair your hose while you shop.
Runs are re-knit; snags are removed.
We also repair sweaters and other knit
goods at a very nominal charge, and
do all kinds Of re-weaving.
Serpies Desks First Floor
Evening star., 1938-05-24
MARYLAND TOBACCO
RECEIPTS INCREASE
Sales at Baltimore Also Gain
Sharply in Week-Prices Are
Slightly Stronger.
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, May 24-Both re-
ceipts and sales of Maryland tobacco
increased substantially during the last
week and all the buyers were active
Prices were little stronger on some
medium grades Quotations are now
being given for the first time since the
market reopened for sales on April 4,
after having been closed since Decem-
ber %. No definite quotations mad
been announced previously because ol
the unsettled condition Of the market.
Quotations on the Maryland prod
uct, 1887 crop. are as follows:
Maryland firm leaf-Nondescript,
pound, 3a5; common, 5al2; medium,
l3a30; good to fine. red. 3la40.
Seconds-Common, 4a10; medium,
1la20; good to fine. 2la30.
Badly mixed hogsheads from 200
to 500 lower
Maryland tobacco receipts during
the last week totaled 1913 hogsheads
and sales increased to 359 hogsheads.
Present stock in warehouses totals
1888 hogsheads.
The receipts of the Ohio product for
the week were IA hogsheads. making a
total of 129 hogsheads in warehouses.
There were no sales during the week.
Evening star., 1938-05-24
CHICAGO LIVESTOCK.

CHICAGO May "a Llp u. 8. Dept. AIRY
Fed steers and lambs sold fully steady
today but the hog market showed some
weakness Supplies of fed steers and year.
llngs were comparatively small. and strictly
choice offerings were in limited supply.
Beef TONNAGE was also comparatively small
Hogs, 1000. including 1000 direct;
market active; mostly steady to 10 lower
than Mondays average; spots at Is
early on weights 22O lbs. down; top, SIS:
bulk GOOD and. choice 1920 lbs. $50
20; 2s0-350 lbs. s.35-5O; good medium
weight heavy packing sows, 750-S5;
smooth butcher kinds, 500
Cattle, 1000; calves, 1000. Fed steers
and yearlings opening fully steady: few
strictly choice and prime, medium weights
and weighty steers on sale; finished year.
linss active: not much beef tonnage in
run but supply consisted largely of steers
and earrings: early top steers. 1865;
ave age. 1.?22 lbs; several loads $50
1925: heifers and fat cows steady: cutter
grades cows weak; bulls 1915 lower
vealers steady to weak; sausage bulls
mostly 7,15 down; vealers, $50 down, with
Sheen 1000. including 700 direct; late
Monday fat lambs and sprineers. 25; spots.
35 lower; top and bulk California spring
lambs. ,9.25; clipped lambs. 1850; best
79-S6-lb. average at outside; trade around
steady. quality. considered: shorn lambs.
$751; 25: nothing strictly choice here
sheep steady; few head shorn medium
ewes, 10000.
Evening star., 1938-05-24
WORLD WHEAT CROP
EXPECTED TO BE LARGER

World wheat harvests may be larger
this year than last says the Bureau OF
Agricultural Economics in its wheat
situation report released today. This
prospect is based upon early indica-
tions in Northern Hemisphere coun-
tries and expectation of more nearly
normal yields this year in Argentina.
Wheat paintings in % countries
which accounted for 80 per cent of
last years harvested acreage in the
Northern NEUTRALITY-SUSPICIOUS. seed
ings in Soviet Russia and China-are
about per cent larger than in 1887.
A decrease of about 100000 acres,
however. is expected in Australia.
If this decrease is not offset by in
creased seedlings in Argentina, the
bureau points out that the wheat
acreage of the world, excluding Soviet
Russia and China. will be about 3 per
cent above that of 1887. The increase
Is due mainly to the larger acreage
in the United States and increased
seedlings in the Danubian countries of
Europe. Smaller acreages than last
year. are indicated for Canada and
North Africa.
Evening star., 1938-05-24
BANK DEBTS HIT
NEW Low LEVELS
Decline From April Mark
Mainly Due to Trend
Outside New York.
By the Associated Press.

by the Associated PreSs.
NEW YORK, May 24.-Spending by
individuals and corporations through
out the country dipped into new low
ground for the current depression
after allowance for seasonal factors
during the week ended May 10.
This was indicated by the Associated
Press adjusted index of bank debts
measuring checks drawn against de-
posit accounts-which fell to 45.6 per
cent Of the 1929.30 average from AL
last week and compared with SAL
year ago.
The decline from the April low
point, however. was fractional and
resulted mainly from continuance of
the receding trend Outside" New
York City.
Many economists consider the ups
and downs of bank debts one Of the
most fundamental barometers of the
weather ahead for business. They
point out, for instance, the recovery
peak in spending was reached late
in 1887, whereas most industrial ac-
tivity indices turned the corner the
following summer.
BY the time the slump really got
under way, early in the fall, season.
ally adjusted debts were about one
fifth lower than they had been In
1886.
During all the time purchases by
individuals and companies were slid
ing. however, bank loans were rising.
This meant the high rate of industrial
activity was piling up inventories that
would later force the sharpest cur
tailment of operations in history.
The recession in spending hit the
financial center, New York, harder
than the rest Of the country. Fron
the high mark in 1886 checks drawn
in the metropolitan area have LOST
As per cent.
Outside debts, including farm
and industrial sections, on the other
hand, were down less than 80 per
cent after allowance for normal sea.
sonal movement.
The greater decline in the Nations
largest city resulted largely from
the widespread curtailment Of new
financing. The low level of stoci
market activity is not considered i'm.
portant, since most of this bushes:
is cleared through the Stock Clear.
ing Corp, an exchange affiliate.
Evening star., 1938-05-24
B. & O. LOADINGS GAIN
MODERATELY IN WEEK
x.,aIpie,atch tn The Star.

spt cal Dispatch to The Star.
BALTIMORE, May 24.-Carload-
ings on the Baltimore & Ohio Rail-
road for the week ended May 81 to-
tailed $500, comprising 2l,625 cars
loaded on line and 1854 received
from connections.
This showed an increases of LOTS
cars loaded over the week ended May
IA, when the total was 34,233. con-
sisting of 21,603 cars loaded on line
and 1850 received from connections.
For the same week of last year, cor
responding with last week, total loads
were 53,92S, including 36,467 cars
loaded on line and 17.461 received
from connections, During the same
week Of the year 1880 the total was
66,6l5, of which 44,262 cars were
loaded on line and 22,353 received
from connections.
Evening star., 1938-05-24
BY tne Associated Press.

NEW YORK, May 24.-Many Sec
ondary rails showed signs of recovery
toward the last hour in the bond mar
ket today Utilities also displayed
f1rmness Industrials and oils were
mixed. United States Governments
were mixed.
Erie & Pittsburgh 312s gained about
2l2 points, Santa Fe 4s of '95 more
than point and MKT 4s about
point. Fractional gamers included AL
leghany IS of 40, New York Central IS
and Southern Railway As.
Rails that slipped included New
York Central 3l4s, Wabash refunding
5l2s and Northern Pacific 4s.
American &, Foreign Power IS, Inter-
national Hydroelectric 6s and Pacific
Gas showed small gains. International
Telephone SIS dropped about point.
In the foreign list Great Consolidat-
ed Electric Power of Japan 612s
dropped 5ls on single transaction.
Japan 6 IS were about a point lower.
United States Treasury changes
ranged from gains of 1892 to a de-
cline of 5-32.
Evening star., 1938-05-24
MERGER is ANNOUNCED
BY ADVERTISING FIRMS

By the Associated Press.
MIAMI, Fla, May 24-The merger
of the advertising agencies of Loomis
g. Hall, Inc, of Miami, and Brooke,
Smith g. French, Inc, Of New York
and Detroit, was announced yester-
day.
Horace E. Loomis, president, and c.
Stuart Hall, vice president and treas
urer of the Miami agency, will retain
their Offices but will make their head
quarters in Chicago and New York.
Among the accounts Of Brooke,
Smith & French are the State of
Maine development program, the
Florists Telegraph Agency's Say 1t
With Flowers Hudson Motors, Tim
ken, Bendix Home Laundry and Arm
and Hammer soda.
Evening star., 1938-05-24
UNITED AIR LOSS
RISES TO $667,67O.
Quarters Deficit Compares
With $402,735 for Same
1887 Period.
ES the Associated Press.

ES the Associated FresS.
CHICAGO, May 24.-United Air
Lines Transport Corp. reported first
quarter net loss Of $685. $40, compared
with $4o2,735 the corresponding 1887
period.
While revenues increased sc per
cent. operating expenses and taxes
gained 90 per cent. The company
hew 81 per cent more revenue pas
senger miles, compared with the 1887
quarter.
Middle West Corp.
Middle West Corp. and its sub
sidiaries, exclusive of the Central Illi-
nois Public Service Co. and the Lake
Superior District Power Co., had
consolidated net income of $350,852
after all charges, taxes and sub
salaries unearned preferred dividend
requirements, for the quarter ended
March 81. it was reported today.
This compared with s203,929 for the
same perlOQ ldSL year.
Operating revenue of the consoli-
dated group amounted to $14,774,533.
compared with Sl4,149,528 for the
corresponding 1887 period. Net in
come Of the parent company only for
the first three months of the year
totaled $201 ,246. compared with $685.
135 for the corresponding quarter last
year.
Illinois Central.
Illinois Central Railroad System
reported April net operating income,
before fixed charges and other in
come, of s73l,759. against s96l, 500 in
April last year. Gross income for
the period declined to $7997, 7,004 from
S9,373,098 year ago.
Evening star., 1938-05-24
DAILY OIL OUTPUT
REDUCED SHARPLY
National Average Declines
176,728 Barrels From
Previous Week.
BY the Associated Press.

BY the Associated Press.
TULSA, May 24.-The Nations pro-
duction of crude oil dropped 176, 728
barrels daily during the week ending
May 81, sinking to daily average
of 3,164,283, the Oil and Gas Journal
reported today.
Oklahoma's reduction was 13,245
barrels daily to an average Of 471 1926,
East Texas dropped S3,409 to 362.24S,
and the State of Texas declined 1885,
962 to 1,193,635.
Louisiana production was down
s.o1o barrels daily to 253,es5. Cali
fornia increased ALSO to 692,500.
Kansas dropped 10000 to l55,45o.
There was a decrease of 1894 bar
rels daily in Eastern States. includ-
ing Michigan. to a total of l96,473
and an increase of 1870 In Rocky
Mountain States to 65,510.
Evening star., 1938-05-24
DROP CONTINUES
|NADVERT|S|NG
Retail Lineage Declines 9.7
Per Cent From Levels
Year AGO.
Special Dispatch to The Star.

DlspdICA W Lie StdE.
CHICAGO, May 24.-Volume Of re-
tail display advertising for this year
through May IA was 81 per cent
below the corresponding period of last
year, Advertising Age. national adver-
tising newspaper, reported today.
This report, which measures retail
display in 80 major markets, shows a
total of 368,9l7,o84 lines, against 408,-
309.S26 lines for the compared period
of 1887, the loss amounting to 39,392.-
742 lines. Against the comparable
period Of 1896. this year shows a loss
Of 81 per cent.
For the seven-day period ended with
the date reported, the measured cities
show a total of 2o,432, ,795 lines, COM
pared with 23,975,044 lines for the
corresponding week of last year, loss
Of 3,542,249 lines, or 148 per cent.
Evening star., 1938-05-24
Official Adjourns
Hearing OF, R-K-O
PIa1, Until June 8
by the Associated Press.

BY the Associated Press.
NEW YORK. May 24.-Special
Master George w. Alger, representing
the Federal Court in the proposed
plan for reorganization OF Radio
Keith Orpheum, today adjourned the
first hearing on the plan until June g.
The plan-which provides R-K-O
with new capital structure consisting
Of $12,718,500 in per cent cumulative
preferred stock and 2,365,518 shares
Of common stock-was opposed by sew
eral attorneys representing holders Of
debentures and common stock.
Alger asked them to put their OBJ
jectious in writing so he could pro-
coed as rapidly as possible in making
q report on the fairness and feasibility
Of the plan to Federal Judge William
Bondy.
Evening star., 1938-05-24
FEDERAL LAND BANKS
NEW YORK. May "a oR.-Federal Land
T2ax Il laotn
CHICAGO PRODUCE.

CHICAGO. May "a .dPI.--Poultry live,
! car, 43 trucks. steady; hens, 5 pounds
and under, 20: Leghorn broilers, under 2
pounds, Is 2 pounds UP, 20; other prices
unchanged.
Butter, 1.41O.956 pounds. easy: flrsts
fSs-s9). 22-2314; other prices unchanged.
Eggs, 27,62a, steady; current receipts,
1s1s-l9 Other prices unchanged.
shipments. $50. New stock supplies rather
liberal. demand improving, market Arm.
Louisiana. 19O-95: U. s. No, l. size B,
1.20: Alabama. .90-2 ,05:- mostly 1.95-
90; Mississippi, .s5-95: U. S. No. J.. size
No. /, 95-o Is; showing decay, 1.75; egg
size. 40, California Bliss Triumphs, U.
plies moderate, Idaho Russets demand fair
" good, market slightly stronger; Sacked.
per cwt., Idaho Russet Burbanks. y, s.
ton Russet Burbanks, U. S. No. l, 1.S5.
Evening star., 1938-05-24
NEW YORK LIVESTOCK.

NEW YORK. May "a OP iState Depart
and New York livestock markets. Cattle
$50. including 800 direct. No steers Of
fered. Few head of cows and bulls nomi-
nally steady at Mondays quotations.
Vealers and calves. $3.50. including
2,510 direct. Vealers opened. steady and
closed somewhat lower; good to choice
choice nearbys 1850 plain to mostly
mCGium 32O-pound heavv calves. S.25.
Best 200-pound Southern calves and veal
ers, 900.
Sheep and lambs $3.50. including s.310
direct. Sheep nominal. Spring lambs
and lightweights. 1O.15-11 90: buck quail
ity less desirable: one deck plain to me-
dium IS pounds. a75.
hcgs, 1850, including 3.53O direct
Market higher; 1S7 pounds. SOS.
Evening star., 1938-05-24
FOREIGN MARKETS.

LONDON. May "a oP,,--The stock mar
ket closed finn with activity and strength
good demand for gold mining shares and
the. oil group advanced on continental
the upturn in industrials and coppers
firmed on the belief that. the decline in
that metal had been overdone. European
bonds and home rails remained .ouiee,
while transatlantic issues held steady.
PARIA-Internationa stocks advanced
up 375 francs and Royal Dutch about. 100
francs. Rentes closed with. gains of 40
to 225 centimes. Banking shares and in
dustrialS were strong.
Evening star., 1938-05-24
ALUMINIUM EXPORTS
WELL ABOVE YEAR AGO

By the Associated Press.
Rising exports and declining imports
of aluminium are reported by the Com
merce Department.
In April exports Of the. metal
amounted to $3.50. 6.623, compared with
$775,1l6 in March and SAT-, 800 in
April, 1897. April imports totaled
$46e, 500, compared with $826,474 In
March and $1.272.6ss in April. 1887.
Evening star., 1938-05-24
INCREASE REVEALED
IN Cement IMPORTS
Hy tie Associated Press,

By tie Associated Press.
Cement imports increased last
month, the CommNee Department
says. April imports totaled 74,6o2, ,90s
pounds, worth $164, ,453, compared with
47,s53,453 pounds, worth SOL ,635, in
March and 59,060,241 pounds, worth
$126, ,039, in April, 1887.
Cement exports, however, declined to
1893 barrels, worth $94,523, in April,
compared with 1888 barrels, worth
$132, ,502, in March and 1871 barssA
worth 1880, In April ~ yoaS.