The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-04-04
BEHIND The
TICKER
NEW YoRK-Due to Europear

NEW YORK-Due tn European
uncertainties manufacturing sctivi-
~ showing faltering tendency
Merchandising sales easing - bad
weather conditions Pre-Easter
apparel demand larger than sea-
sonal Dry goods markets suf-
fering seasonal dip Womens
accessories in demand - noted In
gloves. shoes, hosiery, pocketbooks
and lingerie Shoe orders fair
but not as good as last week
Building trades affected by adverse
weather conditions Carload
ings to dip Steel output will
hold last weeks gains . Lumber
sales averaging ahead last year
this time Hardware demand
holding Wall paper and paints
will do better this week New
car sales running 40 per cent ahead
Of last year-ilsed car sales volume
unchanged Electric power con-
sumption figures TO ease Ma
chine tool orders To hold . EN-
ployment figures higher especially
in farming areas - preparing for
seeding While trade figures
ahead of last week. not as good as
expected due TO political uncer-
tainties In MISUNDERSTANDING
game continues between White
House and congress.
Pressurc-If Mexico doesn't act
favorably with Donald Riehberg on
appropriated American oil proper
ties, Secretary Morgenthau will
take action on silver purchasing
policy.
Bonds There's some switching
of low-yield high grades into bet
ter-yield second grades >. Central
Power a. Light LIST 5s of 1856 in
line for refunding Speculative
positions retained In Western Pa
cific LIST 5s OF 1916 National
Power a. Light deb b 5s of 2030
held for income Consolidated
Coal 25-year g. I. 5s of 1860 taken
as a speculative risk.
OBSERVATION-DISCLOSURES and con-
sumner opinion says there's no in
centiye to make wheat commit
ments at this time 4. Due to huge
overhanging government stocks
and heavy Argentine offerings.
corn contracts avoided except for
quick turnover g. s. There'll be little
activity In cotton contracts pend
ing outcome of congressional ac-
ton on loan stocks . Easy corn
price tone coupled with outlook
for heavier hog movements ac-
count for sluggish lard price
action
Cottonseed oil buying strictly on
nd-to-mouth basis for consumer
accounts =. Only nearby silk con-
tract position tight 49, September
selling reported for long accounts
Government has extended wool
loans and taking new crop offer
ings Crude rubber market fol-
lowing movements of stock mar
ket-shows only speculative inter-
est g.. Same goes for hide con-
tracts No. 3 sugar options held
in check by fear of senate action
on increased quotas j.. No. 4 sugar
contracts steady on further war
talk
Ncws-Bits-Notre Dame univer-
sity finds that two-fifths of all
tools of production are used by
manufacturing industries and COM
merce, one-fifth by agriculture.
one-sixth by public utilities, one
eighth by railroads Without
death or injury to one person, rail
roads of United States and Canada
have transported over past IL
years billions of pounds of high
explosives =.
Petroleum industry will spend
about $500, 100000 for plant i'm
provements during 1889 AS of
June 80 Kaufman Department
Stores will retire its outstanding
7co preferred shares .. There are
42,942, 694 automobile units In the
world-29.211.6 5l in United States
Not one New York savings
bank has failed to pay regular di-
vidends each year--one bank doing
so since 1919 80.
Since Commodity Credit corpo-
ration started five years ago 1t
only lost $4,000, 900 in loans to
farmers-but had it dumped hold
ings at close of 1888 loss would
have amounted to 500. 900 900,
which means there's fifty million
in not-so-good loans Further
milk price cuts not unlikely =.
Marjory Post Davies, daughter
of c. w. Post, owns 35S.225 shares
of General Foods which has value
of about S14 500 900 when figured
at $40 share-Colby NJ. Chester,
president of General Foods, owns
20.075 shares and draws an annual
salary of 1922 900; Clarence Fran
els, chairman of the board draws
an annual salary of S107 ,e99-Mrs.
Davies is director Of the COM