The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-01-05
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NV YORK - Contrary 10 the
opinions Of few Wall Streetcrs
and Politcslly-minded people. Har-
~ Hopkins IS liked IN business
circles. They know TIE man Is
sincere and thai he vii Do ms
utmost 10 bring about better
feeling Of cooperation between
business and the government
Corporate heads now realize that
the burden nf relief distributions.
APA and PNA work aas ma
fional necessity. Taking INTO con
siderstlon the huge amount Of
money spent and the great number
Of men and women employed bust
ness heads say Harry Hopkins did
a good Job. ana they believe he
Rlli continue the good work as
secretary OF commerce.
Export Quotas World grain ex-
porters hope that the United States
government VIII not continue to
dump wheat IN open markets every
season. That's one OF the problems
10 be discussed a. the forthcoming
meeting Of the International Wheat
Advisory council on Jan. 10
Liverpool informants disclosed
that the United States VIII suggest
at the coming meeting an inter-
national production agreement and
export quotas for each nation, and
that the United States be gwen
world export market Of 100 600 600
bushels annually.
The L. 5. A. VII not get what
L expects IN export volume. She
can't dictate 10 other lands as she
does 10 her own farmers and ship
pers. She'll meet with other ma
lions. accept the decision Of the
majority and like If or quit The
informant IS well up IN British
grain circles.
CroSle.-Auto trade adyiccs arc
that Crosby continues IN its tests
Of a midget car. The idea Is to Of
fer it to the public at $500 car.
It's the serVcing and trade-in diff
ficulties that are Withholding the
Crosley model from the market.
As soon as these matters are clear
ed the company's low-priced auto
VIII be offered to the public.
Release Cotton trade inform
ants say that by the time the pres
ent season closes there will be
about 1900 600 bales in govern
ment loans. The steady flow into
loans has created an artificial con-
dition of scarcity. Grapevine ad-
vices are that the government Will
release a batch of cotton should
prices move bit higher.
Reports Are That: President
Roosevelt's war preparedness pro-
gram" may be knocked into
cooked hat as result OF France
England Italy Germany meeting
this month Ruberoid has
long-pull following company net
ted about S120 a share Tor 1888
Statistical opinion is that
American Smelling will net as
much as IS share this year
that's a long-range estimate
National Steel Car Corp in line for
large British government aircraft
orders =.
Speculative positions being re-
tanned IN Consolidated Copper
mines Chicago interests like
Western Auto Supply for long
term prospects At current
levels American Airlines' shares
amply priced Artloom netted
a profit for final 1888 quarter
against deficit for like period 1887
. For greater speculative appeal
White Rock being switched into
Canada Dry Ginger Ale -.
Portfolio managers like Nugleys
earnings stability e.. Long-range
estimate Is that Johns Manvlhe
will net about So a share for 1889
about S115 a share netted for
1888 And, that with credit
recently financed via EXport-Im-
port Bank of Washington China
placed orders for 500 Dodge and
500 General Motors trucks.