Wall Street closes as rails lead, metals mute market
Impending political developments dominated trading with rails the strongest feature and autos under pressure. Chandler Motors tumbled six and a half points while United States Smelting hit a record. copper and metals were dull. Bonds firm with Norfolk & Western rallying to 187 1/2. Money rates steady as call money hovers near 3%. Wheat futures in Chicago show July at 1.10 3/4 and September at 2.10 3/4 with No 1 hard at 1.17 to 1.18 and No 2 northern at 1.07 1/8.
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PLATFORM FOR PREPAREDNESS AND NATIONAL DUTY ANNOUNCED
A historic platform calls for universal military training funded by the federal government, stressing citizen duty, peace, and national industry. It argues for a strong civil service, a national budget, and balanced prosperity, while opposing exclusive privilege and war for conquest. The text also covers political leadership, labor, and social policies alongside postwar planning.
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Wworkman
Wheat Futures and Market Reports From Portland and Chicago
Chicago markets show mixed futures with July wheat at 1.04 to 1.06 and corn around 70 cents. Portand market notes hog and cattle receipts, steady values, with hogs at 8.35 to 8.60 and cattle up to 9.10 for prime steers. French destroyer Fantassin sunk after collision. crew rescued. vessel built 1909. London Dispatch adds local warnings on forged checks linked to Stephenson Timber Co.
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Yeater
Gay
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Fantassin
The Dot Preparedness Story Lesson
After lunch James faces dish duties and jokes about preparedness. Basie teases him to read history noting how Indians carried preparedness, then suggests a dot to dot activity that reveals a story when completed in a notebook.
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James
Jack
Ives
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