Crop Outlook Improved Says Commerce Report
Commerce Department outlook notes improved prospects as farmers plant and cultivate. Early reports indicate heavy corn planting and moisture favorable conditions, with winter wheat yield estimated near 160 million bushels. Arkansas and the South show delayed plantings but steady progress. overall fruit and forage supplies expected to be ample.
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Weather news stirs cotton market with slight advance
Unfavorable weather and crop reports from the Southwest sparked active covering but weak demand left prices barely steady. Futures opened firm on higher Liverpool cables and Texas rains, with gains early then slipping as selling emerged. Private crop condition rumors and a near term government report kept traders cautious, while spot cotton held at 48.25 middling amid a quiet market across major cities.
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Investment Information for General Investors Column
The column answers questions from investors at The Tribune. It covers Goodyear Tire and Rubber, Hupp Motor, Sinclair Consolidated, Parish & Ringling, and other topics. It discusses earnings, dividends, and investment positions with opinions on stock safety and speculation levels.
Industrial Issues Continue Firm on Curb Bonds Strong
Trading on the curb market was quiet yet showed strength in several issues. Belgian bonds moved to 99 with gains, North American Pulp and Paper held near peak demand, and German and French issues remained active at steady prices. General Asphalt edged higher, oil stocks were uneven, and a market chart highlighted 900 shares of Mexican Pan American Oil.
Four Columns of Testment Questions Published Sundays
The Tribune prints four full columns of questions and answers each Sunday. The feature provides readers with a weekly dose of trivia and knowledge, showcasing a curated set of inquiries and their solutions for weekend enjoyment.
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Weat Electw RM 953 and Gary OES German Bonds
Bond figures listed with dollar quotes per 1 000 marks and a last price noted. The fragment references German International Bonds tied to an exchange or investor names.
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oeWeat
Gary Oes
Lew
Consumption Tax Urged by Price in Commerce Talk
Thuc ore Price of New York City urged a sugar coated consumption tax on the present income and excess profits taxes in a Cub address. He argued the tax should be added to the selling price so it remains invisible to payers. He estimated domestic trade at 7,000,000,000 and foreign trade at 9,150,900,000 for a total value of merchandise moved four times from producer to consumer, yielding a potential 2 percent tax of about 6,000,000,000.
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