-1 LOUIS PDST-DISPATCH SPRIC II, 1933 PXGE 1415. sST.LOUIS POST-DISPATCH- BUTTER, EGOS AND POULTRY EXPECTS ILLI1 EARNINGS AND DIVIDENDS Orders, factory productions and other business items. FROM EVADERS 0 STATE INCOME TAX 4 STERLING ADVANCES IN Foreign Exchange Rates Are Purely Nominal Owing to General Holiday Abroad. By the Associated Press, NEW YORK, April 14. Foreign exchanges rates, purely nominal today because of the general holiday throughout Europe, were rather irregular after their spurt of yesterday.
Only the Paris and Brussels markets were open in the morning. The British pound sterling advanced 1 cents to a cable rate of but French francs, Belgian belgas and Swiss francs were off fractionally to 2 points. German marks gained 10 points to 23.95 cents while Italian lire, Dutch guilders, Canadian dollar, Danish kroner, Japanese yen and Shanghai dollars were moderately firm. FEDERAL RESERVE BANKS DETAILED REPORT FOR WEEK By the Associated Press. WASHINGTON, April 14.
The daily st-erase volume of Federal Reserve Bank credit outstanding during the week ending April 12. was reported by the Federal Reserve Banks as S2.555.0O0.00O. a decrease of $32,000,000 compared with the preceding week and an Increase of $926,000,000 compared with the corresponding week tn 1932. On April 12 total reserve bank credit amourted to S2.528.O0O.000, a decrease of S46.0O0.00O for the week. This decrease corresponds with a decrease of In money In circulation and Increases of $10,000,000 in monetary gold stock and $57 ,000.000 In Treasury currency, adjusted.
This was offset in part by increases of S120.000.000 in member bank reserve balances and S14.000.0O0 in unexpended capital funds, non-member deposits, etc Bills discounted increased $6,000,000 at the Federal Reserve Bank of New York, and declined S7.0O0.0OO each at Philadelphia and San Francisco, and $8,000,000 at all Federal Reserve Banks. Tbe system's holdings of bills bought in open market declined S39.OO0.OOO while holdings of United States Government securities showed little change for the week. April 12 totals (in millions of dollars) with changes from week ago and a year ago, follows: April 12. Last week. Last year.
RREGULAR MARKET Missouri Auditor Smith Says Agents' Check of U. S. Returns to Be Finished in Two Weeks. COVERS FIGURE FOR 1929 AND 1930 Later Ones Will Be Exam, ined as to Individuals and Corporations as Soon as Available. By the Jefferson City Correspond-ent of the Post-Dispatch.
JEFFERSON CITY, April State Auditor Forrest Smith today he was preparing to start a campaign against State income tax evaders in Missouri, as soon as his income tax agents had completed an inspection of Federal income tax returns filed from Missouri, which has been in progress In Washington for several weeks. Smith said his agents would com-plete their work in Washington in about two weeks. They have been copying the Federal returns of individuals and corporations and assembling other data, including information from files in income tax fraud investigations by Federal au thorities, 'rnis win De used in checking against State income re-i turns filed in Missouri, and in trac ing failures to report taxable income. While the material assembled so far has not been compiled, Smith estimated his pending campaign against the tax evaders would produce at least $1,000,000 in additional State income tax and penalties, this year. Two Cases Cited.
Smith said his agents had found one instance of a St. Louis corporation which paid a Federal income tax of $137,120, but filed a State return showing it had suffered an operating loss. In another instance, he said, a St. Louis corporation paid a Federal income tax of 616, but filed a State return that it had no taxable income. The names of these corporations and many other corporations and individuals to be investigated could not be disclosed, Smith said, because of the provisions of the State income tax law requiring secrecy.
They may be made public, however, iE any cases in which proceedings are instituted in the courts to recover amounts due the State. The Auditor said he would recommend the amendment of the law by the next Legislature to provide friT" TMlTrHrf irm fTno Tams arA Bills discounted 42S off 8 off 201 Bills bought 247 off 39 up 195 U. S. Government securities 1637 up 852 Other reserve bank credit 16 up 1 off 4 Total reserve bank credit 2528 off 46 up 842 Monetary gold stock 4292 up 10 off 87 Treasury currency, adlusted 1913 up 57 up 133 Money in circulation 6147 off 114 up 724 Member bank reserve balances 2096 up 120 up 85 Capital funds, non-member deposits. etc 492 up 14 up SO GERMAN DOLLAR BONDS DROP TO YEAR'S LOW IN NEW YORK By the Associated Press.
NEW YORK, April 14. Recent erratic performances of German dollar bonds on the New York Stock Exchange have resulted in investment houses being flooded with incruiries about them. Prices of most German issues listed here recently have dropped to the lowest levels of the year, with the heaviest trading taking place in the Government 5s. State, municipal and corporation maturi ties have displayed exceptionally heavy tones. 1 Dealers are of the opinion that weakness of German loans has been caused largely by fears that the country's export surplus, under ex isting conditions, may not be sut- ficient to maintain full service on all external bonds.
In such an event some sort of reduction in interest payments might be pro posed or, a moratorium declared. Both Chancellor' Hitler and Hjalmar Schacht, president of the Reichsbank, have stated that the country's credit position will be preserved, but they are said to realize that some readjustment of service charges might be necessary if trade balances fail to improve. Births Recorded Burial Permits BIRTHS RECORDED. BOYS. E.
and S. Gibson. 2224 Randolph. M. and L.
Stovall. 1537 Papin. E. and R. Moran.
1618 N. 18th. S. and R. Grayek.
5511 Partridge. A. and F. Barczykowski. 3719 Iowa.
J. and E. Noble, 4029 Parker. H. and K.
Ebenriek, 3706A Illinois. N. and M. Wanko. 2746 Allen.
F. and A. Cave, 908 Erskine. J. and R.
Rosen. 1332 Shawmut. E. and M. Nicolay.
2219 Oregon. L. and N. Evans, 1311 Hickory. A.
and L. Wagner. 3332 Wisconsin. and N. Evers.
5980 Theodore. H. and E. Bargmann. 5555 Greer.
GIRLS. W. and O. Berry, 237 S. Jefferson.
S. and R. Malawey, 3S20 ParnelL E. and M. Vollmer.
1404 Obear. E. and P. Woerner, 4245A Bates. E.
and R. Dalton. 4571A Loughborough. R. and N.
Daily. 3163 Portis. J. and A. Duemler, 3659 McRee.
P. and M. Bier. 2631A Tennessee. A.
and A. Wiesendanger, 5323 St. Louis. L. and M.
Howe. 2709 Chippewa. W. and Menzel. 3655 Gasconade.
M. and A. Schaefer. 3407 Halliday. H.
and A. Klipstine. 3418 Missouri. L. and F.
Meeks, 2225 Chippewa. L. and H. Meyer. 2119A S.
Seventh. H. and E. Maitland, 1506A S. Thirteenth.
M. and E. Matter, 4313 S. Thirty-eighth. H.
and E. Hausner, 4247A Norfolk. P. and D. Palumbo, 5322 Bischoff.
E. and E. Farmer, 1348 McCausland. and M. Moore, 5759 Edward.
BURIAL PERMITS. Ivory Grant, 53. 1010 N. 20th. VIncence Vrklian, 53, 911 Park.
Barbara A. Bergmann, 56, 5225 Vermont. James McNamara. 70. 5SOO Arsenal.
Mathias Zeller. 34, 3249 Nebraska. Henderson Joiner. 52, 2713 Eugenia-Roland L. Whitney, 73, 4396 Daniel G.
Dunker. 65. 3105 Rauschenbach. Napoleon D. West.
57, Brooklyn, 111. Anton H- Tabor. 47. 2917 Pennsylvania. William Brown, 40, 519 S.
Broadway. George Withman. 70. 19 S. Spring.
Lina Oechsner, 73, 2051 Alice. Helen Streuter, 70, 5754A W. Florissant William Nealy, 44. 4131A Maffitt. Fred Bornemann, 42.
1814 Shenandoah. Christ Ficker, 56. 807 Allen. Josephine Pltezel, 75, 5640 Theodosia. Charles Dreyer.
38, 1S23 Victor. Charles Dolejsi, 64, 1315 Allen. Louise Kllcker, 55. 1223 Geyer. John Kozlowski.
62, 5800 Arsenal. Anna M. Schnorbus, 63. 2004 Gravois. Ida T.
Kludas. 66. 2111 Cherokee. Mary B. Bishop.
81, 2513 W. Dodier. Marguerite F. Lincoln, 42, 6160 McPher- son. William H.
Troxel. 42. Para could. Ark. William P.
Deegan, 51. St, Louis County. Lulu Martan. 48, 3925 Kossuth. Frank A.
Tilley. 57. 1806 Frank J. Kalbfell. 70, 4957 Arlington.
Robert S. Alexander, 88. 5522 Waterman. Frank Messmer, 44. 1237 Sidney.
George S. Curran, 63. 5047 Ridge. Mary Werges. 76, 3000A California.
William H. Burt, 73. 4809 Allemania. Frank Pelant, 77. 2508A De Kalb.
Divorces Granted. Edward from Loretta Grempler. Estelle from Louis Hanvey. Evelyn from Franklin Hastings. George E.
from Ola May Orchard. Gilbert C. from Sylva B. Pexa. Agnes A.
from Haymes Mary from Elmer Tucker. Viola from Daniel Betzeman. Clarence from Louise Blaise. Pearl from William Elders. Lenora from Louis Shostak.
Jeanne from C. T. McFarlan. Theresa from Theodore T. Serb.
Elmer J. from Sabine C. Thorn. Eva from Bernard J. Ritler.
Iva from Vernon Sisson. Rose from Mitchell Arnold. Clarence E. from Nell C. Callender.
Alberta from Raymond HasseL Pearl from Raymond Hag an. Minnie from Herbert Hansmann. Mabel from George Blair. Edna from John P. Braud.
Stella from George Steis. Alice from Elby C. Bernard. Julia from Charles C. Leeper.
Charles W. from Lydia Drining. River Stages And Precipitation I I At 7 24- Pre- I Flood I a. m. I hour STATIONS.
St. Paul Keokuk. Ia. Hannibal, Mo. Peru.
Ill Peoria. Ill Havana. IIL Beardstown. IIL Grafton, IIL Alton. IIL Omaha Kansas City.
Mo. Jefferson City St. Charles St. Louis Valley rark Chester. IIL Cape Girardeau.
Mo. Pittsburgh Cincinnati zLouisville Evansville, Ind. Mount Carmel, IIL Nashville. Tenn. 14 2.6 0.4 .00 14! 11.91 0.31 .38 13! 13.8! 0.51 .24 171 18.41 0.6! .06 181 21.
Ol 0.4 .28 14itl9.0! 0.21 .00 14 20.5! 0.1 .18 181 18.3) 0.2 .12 21ltl9.8 0.01 .00 191 8.4 0.1 .00 22! 8.7 0.4 .56 20itll.7 0.8H .00 1.01 301 20.4 0.4 .51 14 t3.7 1.2 .00 27 22.4! 0.2 .14 30 27.31 0.2 .38 251 18.6 1.8 .00 52 33.51 1.0 .00 51! 29.01 0.7I .00 35! 28.4! 0.11 .00 161 18.1! 0.51 .02 401 13.91 "0.41 .00 HOG RECEIPTS LIGHTER Decreased Marketing Also Noted at Other Centers Pigs Quiet NATIONAL STOCK YARDS. TIL, April 14. Receipts estimated: Cattle, 700; calves, 500; hogs, 7O0O; cheep, 1000; horses rnd mules, 200. CATTLE A slow, steady or barely steady market absorbed the light offering of cattle today and veal calves held in line with yesterday, good and choice kinds making $5.25 per cwt Receipts, estimated at 700 cattle and 500 calves, included a sprinkling of plain to medium grade steers at $3.75 5.25. Light mixed yearlings and heifers cleared at J4W 5 and a car of 610-lb.
white face heifers from County, topped tbe week's trade at $5.50 Besf cows were again under pressure and appeared easily 25c under a week ago. Sales were largely from 3.25. Canners and cutters about held their own and varied from $16 2.40. There were not many bulls here and the better kinds cashed around $2.75, followed by other assortments In the neighborhood of $2.50 2.25. Choice sausage types were quotable up to $2.80.
quotations Beer steers, sj.au sjo.su; light mixed yearlings and heifers. $3.50 5.50: beef cows. $2.50 3.50: canner and cutter cows. bologna bulls, $2 2.80: stocker and feeder steers. HOGS An offering ot 7000 hogs, of which 300 were on through billing, was estimated here today for a comparatively light run.
Decreased marketings were also noted at other centers. Good Friday encountered a good hog market and all classes went up-Compared with the best time of yesterday light and mediumweight butcher hogs ruled 1015c higher. Bulk of good to choice 160 to 240s commanded $3.70 3.75. with a top of $3.80, given for scattered bunches. No early activity was noted on heavy hogs.
On some 300-lb bogs, $3.60. steady, was bid. Little activity was noted on pigs and light lights early. A few sales and quotations were a dime higher, however, with SO to 140s, $2.85 3.35; 130 to 150s, $3.10 0 3.60. Packing sows were 10c higher, with most $3.20 6 3.35.
A few extreme heavies made $3.10. In the late hog market packers completed a good clearance at a lOc higher rate than buys of yesterday with most 160-300 lbs. two loads. $3.75. Bulk of hogs for the day.
$3.70 3.80. Pigs closed steady. 100-140 lbs, $2.75 3.25; 130-150 lbs. $3 S3 50. SHEEP City butchers bought a few choice native spring lambs at $7.75, steady.
Nothing else was done early. Receipts were light, being estimated at 1000 head. At the 11 market centers the arrivals were 30.000, against 33.023 week ago, and 32.507 year ago. in the late sheep market packers oougnt a double deck of Texas clipped lambs at $5. Nothing else done Heavy Iambs medium.
$4.50 down; culls, fat ewes. $2.75 down. In the late market there was good clear ance. Steady on all classes. City butch' ers bought one double deck 82-lb.
Texas clipped lambs at $5.25. Packers bought 1 double deck 91-lb. Nebraska clipped at one double deck 78-lb at one double deck 59-lD at part deck 4o-id. clipped at $2. One double deck clipped yearling wethers along with some two's averaging 94 lbs.
at $3. QUOTATIONS -Good to choice Iambs. S4.85 0 medium to good, $4 0 4.75: plain to medium. $3.50 culls, $3 3.50; fat sheep. $2.75 down.
HORSES AND MULES A sale of horses and mules Is scheduled for next week. NATIVE HORSE QUOTATIONS. Good to choice draft, $90 0 120: medium to good draft. $65 0 90: good to choice chunks. $70 0 90; smootn-moutned cnunks.
$50060: young farm mares. $55 85; Southern mares. $40 60; small cheap horses, $20040. MULE QUOTATIONS. Farm mules.
15.2 to 16 hands. $80'3 120; colt mules, good size and bone, $55 6 85; colt mules, small. $30 6 50: draft mules. $1109125; mine mules. 15-3 to 16 hands.
$100 115; mine mules, 14 to 15 hands, $60 6 75: choice cotton mules, 15.1 to 18 hands. $75 100; small green mules, over 3 years old, $30 40. MISSISSIPPI VALLEY STOCKYARDS. Mississippi Valley Stockyards at St- Louis officially reports Friday's business as follows Receipts Cattle 100. calves 75, hogs 1200.
sheep 100. Cattle Market of a general week-end cleanup trade: odd lots and small bunches of light weight steers and mixed yearlings were mostly of a kind to sell at $4 6 5. Top butcher cows, bulk of beef cows, cutters. $2 2.50; canners. $1.25 61.85: bulls.
bulks of sausage bulls, $2.50 0 2-75; good and choice steady, top $5.25. Hogs Fairly active. 10c to mostly 15c higher on light weight butchers: heavy weight steady, top bulk 160-325 lbs. $3.606 3.75: 140-150 lbs. $3 35 93.60; 100-130 lbs pigs.
$2.75 6 3.25. Undesirable and Southern plain pigs down to $2.25: packing sows, $3.10 3.40; bulk, $3.15 3.25. Sheep Market generally steady: choice spring lambs. bulk of wool and clipped lambs, $5 65.25; fat mutton ewes, $2 2.75. FRUIT MARKET ST.
LOUIS PRODUCE MARKET, April 14. Range of today's lobbing prices as compiled by the SL Louis Daily Market Reporter: APPLES Bushel basket Illinois willow-twigs, $1.15 1.25; Jonathans. $1.10 1.60; red delicious, $1.25 61.75: winesaps, $1.15 1.50: golden delicious. king davlds, $1.25 1.35; Roman beauty, champions. $1.10 1.15; genltlngs.
blacktwigs. $1.25: ben davis. 90c in-grams. Virginia barrel ben davis, $3: Idaho bu basket winesaps, $1.25 1.35; Idaho red delicious. $1.25.
Boxes: Washington extra fancy delicious, $2.102.15: fancy. S1.902; fancy Jonathans, $1.85 6 extra fancy winesaps, $1.6091.80: fancy, S1.60. BANANAS Per lb loose. 3Vi6 3ic; hands cut off. 4 0 4 Vic; in 40-lb boxes.
In shipping order. 4 Vic CANTALOUPES Mexican Jumbo crates, standards, $4.506 5. AVOCADOS California lugs fuertas. $3.25 4.40. KITMQUATS Florida 32-qt, crates.
$2.50. WATERMELONS Cuban, $5 each. HONEY DEW MELONS Mexican Jumbo crates. to.oO 0 3.75: Jumbo flats, $1.25. GRAPES South American, $2.35 per crate.
STRAWBERRIES Louisiana 24 $2.35 2.65: poor. 2.25: Mississippi. 24 $36 3.25: 24 Alabama. 24 $2.507 3.25. ORANGES California navels.
$2.50 3.50: Florida oranges, $2 6 2.75. TANGERINES Florida Vi boxes, $1.10 1.25: bu boxes. $1.5061.65. LEMONS California, S3 35 4.50. LIMES Dominican, S1.50.
and Mexican. $1.15 1.25 per 100; Mexican boxes, $5.50 0 "6. GRAPEFRUIT Florida $1.50 2.75 per box. At the fruit auction Florida grapefruit sold at $1.35 6 2.65. ROOTS AND FEATHERS FEATHERS Per lb.
(dry and full-grown): Price white live geese. 45c; do stained, 35c; prime grade do, 35c; duck, white. 25c; standard, 20c: colored. 20c; mixed quill, tail wing and pointer, 4c Chickens Prime dry picked body, white. 3c: colored, 2c; green or damp, IVic musty not wanted.
Chickens and turkeys Mixed body, 2c; turkey, body, white, full fleeced 30c; white, full fleeced, green, 20c; body, colored. 3c; do green. 2c; tare. 10 per cent on small bags, 3 per cent on large. Old feathers not salable.
ROOTS Per Golden seal. 30c for wild and 25c for cultivated; lady allpper, 6c; seneca, 16c; pink. 8c: washed, black 3c average not wanted; May apples, heavy hold. 2Vc; average, lVic; washed snake, 7c: average, 5c; black snake, 4c; wahoo, bark of root, 9c; blood root, 2c; wild ginseng, Southern. S3.
50 3 75; transplanted. SI 1.25: cultivated. 25cs SI. 25: star root, 6c: Northern white slippery elm bark, 4c; Northern average. 2c: wild ginger, 5c New Offer te Celdmaa-Saebs Trading Corp.
NEW YORK. April 14. The Atlas Corporation, an Investment trust, has made another offer to the stockholders of the Goldman-Sachs Trading Corporation to acquire their holdings through an exchange of shares for Atlas. The basis proposed Is S-10 of a share of Atlas common stock tor each share Goldman-Sachs Trading. The offer expires April 28.
Atlas Corporation at present owns or controls substantially more than 40 per cent of the Goldman-Sachs Trading capital stock. AND PRICES MOVE UP ST. LOUIS CAR CO. ASKS FI Wants to Extend Maturity of Issue, Defer Interest Payments to 1935. Bondholders of St.
Louis Car Co. are being: asked to consent to a moratorium on interest and sink ing fund payments until Oct. 31, 1935. and to extend maturity 01 tne issue from that ate to Oct. 31, 1945.
The company has outstanding $1, 123,100 of 6 per cent first mortgage bonds and under the present terms of the mortgage is required to re tire 4 per cent of outstanding bonus each year. In letters to bondholders, Edwin B. Meissner, president of the com-Danv. informs them the company is not in a position to pay interest due May 1, and requests their ac- ceDtance of the moratorium plan. It is proposed, the letters state, to avoid the capital loss involved in foreclosures, receiverships and protective committees.
There have been practically no purchases of electrical or steam railroad equip ment for the last two years, the letters add, and no immediate improvement is in sight- Should there be net earnings during the period of the moratorium. the company promises to pay such earnings, not exceeding 6 per cent a year, to. bondholders as interest. The bond issue, originally for $1,560,000, was sold in 1925. Through sinking fund payments $436,900 of the bonds have been retired.
U. S. MONETARY GOLD STOCKS GAIN $18,700,900 IN DAY "Ear-mark" Release License to Export Gold to Holland Announced. By the Associated Press. NEW YORK, April 14.
Monetary gold stocks of the United States rose $18,700,900 yesterday, the largest gain in several weeks, as a result of release of that amount from stocks of metal held under earmark for foreign account. The New Yci'k Federal Reserve Bank, in accordance with custom, did not identify the nation or nations making the release. It was also learned that a license to export gold on an exchange basis to Holland had been granted to a New York bank by the Treasury Department. The shipment, expected to leave today, is the first to go from this country since the gold embargo was put into effect a month ago. The amount involved was not announced.
Retail Auto Financing. By the Associated Press. WASHINGTON, April 14. Retail financing of automobiles in February was reported by the Commerce Department to have involved 86,804 cars with total advances of 072,065. These figures compared with 602 units involving $31,150,193 the previous month, and with 123,574 vehicles involving $44329,133 Jie same month last year.
The department's figures are based on data reported to the Bureau of the Census by 293 identical automobile financing organizations, and by 313 organizations the same month last year. Of the month's total, 37.49 per cent were new cars, 60.41 per cent used cars and 2.10 per cent unclassified. Of the 293 organizations actually reporting, 18 showed no operations for January and 20 showed none for February. Dollar 2455 to 25.05 at Paris. By the Associated, Press.
PARIS, April 14. The dollar was traded at banks today at 24.95 to 25.05 as the result of weakness of the dollar in New York yesterday. The official market will be closed until Tuesday. FREIGHT SURCHARGE INQUIRY Four States Refuse to Accept I. C.
C. Ruling. By the Associated Press. WASHINGTON, April 14. Investigation into refusal of North Carolina.
Georgia, Alabama and South Carolina to permit railroads to continue surcharges on freight bills was ordered today by the Interstate Commerce Commission. The four State Railroad Commissions refused to go along with the Interstate Commerce Commission when it recently authorized the railroads to continue surcharges for six months from March 31. They directed that the sur-! charges which had been in effect for 15 months be discontinued on freight hauled within the states. BURNED TO DEATH IN CRIB Baby Perishes In Chicago While Mother Is Across the Hail. By the Associated Press.
CHICAGO, April 14. Gerald Anderson, five-month-old son of Dr. Robert Anderson, now in Galveston, was burned to death last night in his crib in the family apartment while the mother was visiting across the halL W. J. Crozer, living on the same floor of the apartment hotel, said he went into the hall and saw smoke issuing from the Anderson apartment.
He pushed open the door and discovered the baby's crib in flames. Veteran Woman Reporter Die. By the Associated Press. BOZEMAN. Mont- Aoril 14.
Mrs. Elizabeth Una Houston, 73 years old, Montana pioneer and a reporter on the Bozeman Daily Chronicle for 25 years, died last night after an Illness of 10 days. By using her telephone and typewriter at home, Mrs. Houston had kept up her reporting during her iiiness. i-ier last copy was handed In four hours before her death.
OR BONO MORATORIUM STOCK EXCHANGE, OTHER BOARDS ARE CLOSED TODAY, 600D FRIDAY By the Associated Press. NEW YORK. April 14. ALL security and commodity markets in this country and Europe were closed today In accordance with the usual observance of Good Friday. Banks here transacted business as usual.
Several commodity exchanges will remain closed until Monday morning, but the security markets will be open Saturday. Those to remain closed until Monday include cotton, sugar and coffee, metal and rubber. CHICAGO, April 14. The Board of Trade and Stock Exchange were closed today. The St.
Louis Stock Exchange and Merchants' Exchange were closed Friday. COMMERCIAL BULLETIN REVIEW OF THE WEEK'S WOOL TRADE By the Associated Press. BOSTON. April 14. The Commercial Bulletin will say tomorrow: "The wool trade has been more or less in suspense during the past week, awaiting the determination of what plan, if any, might be made with respect to the marketing of those wools over which the Reconstruction Finance Corporation holds control through loans made on sheep.
Since this control involves a large proportion of the domestic clip this year, the decision regarding the method of marketing such wool is naturally of prime importance. "Apparently the R. F. desires to see as free competition in the marketing of these wools as possible and deprecates any attempt to fix prices as abortive. "During the week there has been a fair business in the Eastern markets, in fine and fine medium wool at fuily firm prices.
Scoured wools have moved a little more freely to the woolen mills, also, at firm prices. "In the West there have been several million pounds of wool purchased by Eastern dealers at prices "which are figured the equivalent of 40 cents, clean landed basis, for the most part, for fine and fine medium clips. "Foreign markets are firm and on flu-wools abroad there is a slight strengthening tendency. "Some 4.500.000 pounds of mohair have been purchased out of the new Texas clip this week by a Boston house at prices reported as 13.3 cents for adult and 30 cents for kid hair. "Cahpet wools continue slow." The Commercial Bulletin will publish the following quotations: Domestic Ohio and Pennsylvania fleeces: Delaine unwashed.
18Vs6 19c: blood combing. IS 19c; blood combing, 19 20c: 14 blood combing. 19 6 20c Michigan and New York fleeces: Delaine unwashed. 15Vizl6ic: blood combing. 1717Wc: blood combing.
iut; 0100a comoing. 19920c Wisconsin. Missouri and average Indiana and New England: Vi blood, 14 fi 14 Vac; blood. 18 a 19c; 1 blood. 171Sc Scoured Basis Texas: Fine 12 months (selected).
43 0 46c; fine short 12 months, 40 6 42c: fine 8 months, 3Ss40c California: Northern. 373Sc: middle county. 36 6 37c; Southern. 35 3 36c Oregon: Fine and F. M.
staple. 416 43c: fine and F. M. Fr. combing.
37 40c: fine and F. M. clothing, 33 fa 35c; Valley No. 1, 38 40c Territory (Scoured Basis). Montana and similar: Fine staple choice.
45 47c: V4 blood combing. 40 ft 43c: a blood combing. 3840c: blood combing. Pulled Delaine. 516 53c; AA.
fine A supers, 42 45c: A supers. 39 6 40c Mohair Domestic, good original bag. Texas spring. 14 i 15c; good original bag. Texas kid.
$33 35c; Arizona and New Mexico. 126 13c; Oregon. 130 14c; domestic graded, first combing. 24 6 25c; second combing. 22 fi 2.1c; third combing.
18c; fourth combing. 15 16c; good carding. 24 25c; first kid. 45 6 50c: second kid. 35 6 40c: cape winters, first nomiaal.
180s2Oc: summer firsts. 2223c; cape summer kids, 53i55c; turkey, best. 28 30c; turkey, good. 23ff25c; turkey, fair, nominal, 18 20c Plans for Pledged Wool Sale. By the Associated Press.
WASHINGTON. April 14. The marketing plan designed by Henry Morgenthau chairman of the Farm Board, for orderly disposition wool and mohair win allow the grower whose product is pledged to se lect an approved agent to handle his shipments. Morgenthau said the Regional Agricultur al Credit Corporations which have made loans on the wool and mohair clip would approve the shipment of consignment to financially sound and reputable agents In the wool trade, the particular agent in each case to be selected by the grower whose wool or mohair is pledged. These agents will Include the National Wool Marketing corporation and other established marketing co-operatives.
The wool and mohair will be offered for sale by the trade cn conditions agreed to by an Advisory Wool Marketing Committee representing the growers, the wool marketing co-operatives, the Farm Credit Administration and the wool trade. CLEARINGS, MONEY AND SILVER The St. Louis Clearing House Association report hearings for April 14, 1933. $8,700,000: corresponding day last year, this year. corresponding period a year ago, Report of debits for April 13, 1933.
were: Debits to individual accounts. total to date. debits to bank and bankers accounts, total to date. combined debits to individual and bank and bankers accounts. total to date.
$1,797,600,000. NEW YORK. April 14. Bar silver firm, 4 higher at 28 Vi- WASHINGTON. April 14.
Treasury receipts for April 12 were expenditures balance. $506,094,034.19. Customs duties for 12 days of April were $6,813,264.91. FOREIGN EXCHANGE By the Associated Press. NEW YORK.
April 14. Foreign exchange Irregular. I Great Britain in dollars, others in Great Britain, demand. 3.45: cables. 3.45 1: 60-day bills, 3.44V4.
France, demand. 3.97 1-16: cables. 3.97Vk- Italy, demand, 5.14; cables, 5.144. Demands: Belgium. 14.024; Germany, 23.94 Holland.
40.61 Vi; Norway. 17.59 Vj; Sweden. 18.14V: Denmark. 15.34 Switzerland. 19.47 Spain.
8.57 Vi; Portugal. 3.20: Greece. Poland. 11.20n: Czecho-Slovakla, 2.98 Vn; Jugo-Slavta. 1.39n: Austria.
14 lOn: Rumania. Argentine. 23.39; Brazil, 7.59n; Tokio. 21.25: Shanghai dollar. 20.95: Hongkong holiday: Montreal.
S3.75; Mexico City (silver peso). 28.00. n-Nominat TURPENTINE, FLAX AND LINSEED Linseed oil. tn one to four barrel lots, was quoted at 9c per pound for raw and 9.4 for boiled. Jewel Tes Sales.
Special to the Post-Dispatch. CHICAGO. April 14. A decrease of 17.56 per cent in sales of the Jewel Tea for the four weeks ending March 25. as compared to the same period In 1932 was announced by H.
Karker. president. Sales for the 1933 period amounted to $736,815.28 with an average number of sale-: routes of 1344. as compared to sales of $893,726.15 for 1932 when the sales routes averaged 1337. Off Kbore Tanker Khlpmeata A boat Same.
By the Associated Press. LOS ANGELES. April 14. Preliminary estimates by the Ol! Producers Sales Agency Indicated the first quarter off shore tanker shipments of petroleum and petroleum products of the Pacific Coast in 1933 held fairly even -with the same period of 1932. TIM) 1933 estimate was 13,053.149 barrels, compared to an actual shipment of 13.254.S45 barrels In the first quarter of 1932.
Open drain Interests. CHICAOO. April 14. Open Interest tn grain futures on the Chicago Board of Trade: Wheat Wednesday. 131.569.000 bushels: Tuesday.
week ago, 127.369.000. Com Wednesday. 80.967.OOO: Tuesday, week ago, 52.017,000. ST. LOUIS BUTTER.
EGG AND POULTRY EXCHANGE, April 14. Fowls. light, under 5 at 8Vc; fowls, heavy, over 5 and under 8 at 8 Vic and extra heavy, 6 lbs and over at 8Vo were lc lower: leghorns were Ue lower at 7c Prices quoted below are paying prices to snippers and trucKars, delivered to store door of commistucr- merchant, or receiver, Don-commission Dasia. EGGS Missouri No. 3, 9 Vic, standards, 11 Vac; unclassified.
8c; duck eggs. 12c, goose eggs, 35c LIVE POULTRY FOWLS Light (under 5 8Vjc; heavy. 5 lbs. and under 6 8Vc: extra heavy (6 lbs. and over) SVic; leghorns, 7c SPRING CHICKENS Heavy (4 lbs.
and over), 14c; medium. 3Vi lbs. and under. 17c; Arkansas white rocks and wyandottes, 17c; broilers. leghorns, 16c: leghorns, Orpingtons and blacks, "i lbs and under.
1 3c; bareback springs, 13c DUCKS Large white 4 los. ana overj. 9c; small and dark. 7c geese: 5c GUINEAS (per dozen) Large, young (2 lbs. and over), $2.25: small, young, old and staggy, young.
$1.25. ROORTERS Staecv young roosters, 6c; old roosters. 6c; leghorn roosters and stags, 5c TURKEYS Young hens ids. ana over). 13c; young toms (17 lbs.
and over), 11c; young toms (12 to 16 13c; old hens. 12c; old toms. 9c; No. 2. 8c PIGEONS (per dozen) Common, 75c; squabs (dressea, per pound), large (10 lbs and up), 25c; small and dark, zuc; CAPONS 8 pounds ana over, im; pounds and over.
17c: 6 pounds and over, 17c; leghorns and slips, 13c; No. 2. 10c DRESSED POULTRY. TURKEYS (dry picked) Young toms 12 to 16 pounds). 15c; young hens, 9 pounds and crer, 15c; young toms (over 16 pounds), 13c; old bens, 13c; old toms, lie; No.
2, 9c CAPONS 8 pounds and over, ioc; pounds and over, lsc: pounas sma 18c: leghorns and slips, 14c; No. 2. 10c FROGS Per dozen. Jumbo, $2: medium, 1.T.i: small. S1.25.
and baby frogs, 75c BUTTER Creamery, extras. 22c; stand ards. 21c; firsts. 16c; seconds, xac; pack ing stock. No.
1. be: HO. Z. oc; cneesy or dirtv less. BUTTERFAT No.
2, 16c per pound; No. 2. 13c per pound. CHEESE Per pound. Northern twins, 12Vjc: singles.
13c; leghorns, 13c; daisies, 13c: nrinta. 15c: brick. 14c VEALS Good to choice. 5 Vie: fair to good. 4 0i ic: extra -heavy, common and poor, 3 0 4c LAMBS Choice spring lambs, 7V5c; common, 5 7c; fall lambs, choice, 5 Vi 54c; medium.
44V2e; culls. 33Vic Sheep, l2Vic. and bucks, llVac according to quality. MTLK Pevely Dairy prices to their producers. $1.25 per cwt.
for 4 per cent commercial milk and $1.85 per cwt. for 4 per cent selected grade A milk with all premiums, earned, X. o. b. Pevely bottling plant in St Louis.
Above price is for entire supply of producers. Sanitary Milk Producers Association announced that purchasers of basic milk through their organization will pay $1.50 per cwt. t. o. b.
St. Louis for 4 per cent milk. Quotations are for milk from tuberculin-tested cows. Surplus milk is sold on butter basis. NEW YORK.
April 14. Butter. 10.075, easier. Creamery, higher than extra, 201- 6 21c; extra (92 score). 20c; first (87-91 scores), 20c: centralized (90 score) 20c Cheee.
107.254, quiet, unchanged. NEW YORK. April 14. Eggs, 23,960, steady; mixed colors, mediums, 39 12Va12c; dirties. No.
1, 42 lba, 12 12V4C White and brown eggs unchanged. NEW YORK, April 14. Dressed poultry steady to firm, unchanged. Live poultry irregular. Broilers, express, 10 27c; fowls, express, 12 15c; turkevs.
express. 14 6 27c CHICAGO. April 14. Poultry, live. 1 car.
30 trucks: hens easy, others steady: hens. 11 11 Vic; legnorn hens, 9Vc; roosters. 8c; turkeys, 12 18c; old ducks, 12 13c: spring ducks, 12 14c; geese, 11c; leghorn broilers. 17c; rock broilers, 216 22c; colored broilers, 21c By the Associated Press. CHICAGO.
April 14 (U. S. Lept. of Agriculture). Potatoes.
72; on track. 243, total U. S. shipments 726: old stock dull, trading slow; Wisconsin round whites, 75 6 80c: Michigan russet rurals few sals 77Vic; Idaho russets few sales $1.35: new stork weaker, trading slow: Texas bliss triumphs best, large, $3 25, small to medium $2.25 6 85. KANSAS CITY.
April 14. No produce; holiday. VEGETABLE MARKET ST. LOUIS PRODUCE MARKET. April 14.
Range of today's vegetable jobbing prices as compiled by the St Louis Daily-Market Reporter: POTATOES Track prices: Idaho russets. No. 1, $1.25 61.27. and in 15-pound bags Minnesota cobblers 75 90c; Wisconsin, 786 85c. 80682c; red river Ohio, 70c; North Dakota cobblers, 85c; Nebraska triumphs, 95c; Colorado russets, $1.20.
jobbing prices, sacked per 100 pounds, delivered: Minnesota cobblers. 90c red river ohios, 75 85c: Wisconsin ru rals. 85c. cobblers, 90c; Colorado russets, $1.25 1.35; Idaho russets No. 1.
$1.37 Vi 61.45: No. 1 in 15-pound bags, 22 Vi 24c each. For seed in small way to growers: Minnesota cobblers, certi fied, $1.25 1.35; red river ohios. $1 1.10; certified. triumphs, Nebraska triumphs, $1.20 61.25.
NEW POTATOES Texas 50-lb sacks. No. 1, Florida bu crates No. 1, hampers. $1.60 1.65.
ARTICHOKES California boxes, $2 2.75. ASPARAGUS Pyramid crates California bunched, $26 2.75; loose, $1.5062.75 Illinois 12-bunch crates, Georgio bunched, $1.25 2. Home-grown, 90c per dozen Duncnes. BEANS Texas stringless. Florida round stringless, boun- tifuls.
BEETS Texas crates. 90 95c CABBAGE New York old. $20 per ton: Texas new cabbage, lettuce crates, $2 2.25: bulk. $48: Louisiana bulk. $50 fin 55 per ton: lettuce crates, $2.
CABBAGE PLANTS Georgia crate (2500). S2.50; (3000). S3: Texas (3000) $2.756 3. CARROTS Texas half crates. 80c 6 SI: Michigan bu baskets.
556 60c: Northern sacked, $1 per 100 lbs. California lettuce crates, $2. Home-grown bu boxes, 30 40c CAULIFLOWER California Donv crates. $1.25 1.40. CELERY Florida 2-3 crates.
$1.50 2: poor. $10 1.75; California Vi crates. short crates, $1. 656' 1.85. CELERY CABBAGE Michigan lues.
$1.40. CUCUMBERS Florida bu baskets. choice. hothouse. 2-dozen boxes Oklahoma and Indiana.
90c 6 $2.25. GKKKN CORN Florida crates, $3. GREEN PEAS California telephone. $2. 25 2.50 per hamper; Texas, $1.50 1.65.
GREEN PEPPERS Florida IVi-bu crates. bu hampers and baskets. $1 01.25. GUMBO Cuban hampers. $3.75.
GREEN ONIONS Home-grown, wild. 3 8c: silver skins. 8 12c per doz. bunches. HORSERADISH Home-grown No.
1, $2.5003.25. No. 2, 5075c per 100 lbs. KALE Home-grown- boxes, 5 10c EGGPLANT Florida lVj-bu crates, $1.25 0 2.25. ESCAROL Louisiana hampers.
75c ENDIVE Imported French, 20 25c per pound. LETTUCE California 5s. $4 64.25; Arizona 4s. $3,75 0 4.25; 5s, $3.75 6 4.25: 6s. $3,500 3.75: Ohio 10-lb baskets, half.
$1 1.10; 111. bu baskets. Indiana, home-grown head, 50c per lettuce box. LIMA BEANS Florida in pods, $1.75 0 3 25 pet hamper. MUSHROOMS Missouri and Oklahoma, 15c per carton; No.
3. 7 Vic MUSTARD GREENS Mississippi, 50 85c per bu hamper. ONIONS 50 lbs sacks Minnesota reds. 40 0 45c. yellow 50c white 70c: Indiana whites.
50c; Colorado yellow dan vers, 50 6 60c. NEW ONIONS Texas 50-lb sacks commercial yellow. $1. ONION SETS Illinois bushel sacks yellow, 65 0 75c; reds and white. 90c $1.
ONION PLANTS Yellow and white. $1.50 per 60 bunch crate. PARSLEY Louisiana. $5 per bbU Texas bu baskets. $1.25.
PARSNIPS Home-grown bu boxes, 25 65c: Michigan bu baskets. 75c RADISHES Texas crates cherry red, $1.15: Arkansas bbls cherry red and tips. 20c per dozen bunches: bu baskets, white. $1. and cherry red.
50c crates cherry red. $1.35 61.65: Miss, crates cherry red. SI. 25. and tips, Alabama hampers while.
75c RHUBARB Home-grown. 15 25c per dozen bqnehes. SPINACH Texas bu baskets, 50 55c; home-grown boxes. 10 20c SWEET POTATOES Home-grown bu hampers, nancy halls. 256 40c; Bermuda.
150 25c: red nansemond. 25 0 35c: Tennessee nancy halls. 40 045c per hamper: seed stock, home-grown nancy hall. 10iS2Oc; red nansemond. 102Oc; yellow, 2505Oc: Bermuda.
15 0 25c Puerto Rico, 40 0 5Jc per bu box. TOMATOES Florida repacked S4 4.25: lugs. $2.5062.75: 10-lb cartons. $1 61.10; original lugs. Illinois 8-lb baskets hothouse, $101.40.
By Standard Statistics Inc. NEW YORK, April 14. Comparisons tn earnings are with corresponding periods previous year. In sales statements see detailed reports for changes in number of stores, if any. as of comparative data.
Also, for pedal cbarge-offs, etc. if any AUTOMOBILES AND TRUCKS. Hudson Motor Car Co. Dealers deliveries for two weeks ended April 8. totaled 1352 cars against 961 during preceding fortnight; factory shipments in same period 1386 units against 940; orders are on hand for 2074 cars.
CHEMICALS AND FERTILIZERS. Tennessee Corporation 1932 deficit vs. net Income $5366. INVESTMENT TRUSTS. Chain General Equities Inc.
liquidating value March'31. 1933. $55.04. a preferred share, vs. $54.31 on Dec 31, 1932.
METALS (NON-FERROUS). Utah Copper Co. 1932 deficit before depletion and Inventory adjustment of was S2.469.704 vs. net income of before depletion of $822,195 is 1931. MISCELLANEOUS.
McAndrews fc Forbes Co. 1932 common share earnings were S1.83 vs. $1.99. Gilbert (A. Co.
defererd quarterly dividend on preference stock, last payment on which was 87 Vic a share on Jan. 2. Liquid Carbonic Corporation received or der from Berghoff Brewing Corporation for an additional bottling unit with capacity or isuu Domes an nour. OIL. Buckeye Pipe Line Co.
March pipe line deliveries Including inter-company trans fers, were off 1.3 per cent: 3 months de clined 2.9 per cent. Indiana Pipe Line Co. March pipa line deliveries up 23 per cent from a year ago; 3 months up 22.1 per cent. Superior Oil Corporation 1932 net Income $9436 vs. deficit $1.
864.364. RAILROAD. AND Baldwin Locomotive works business booked in March totaled $513,000 vs. $759,000 In March. 1932; 3 months bookings.
$1,507,000 vs. unfilled orders March 31. S2.342.000 vs. on Dec 31. 1932.
RETAIL TRADE. Great Atlsatie Pacific Tea Co. sales, 5 weeks ended April 1. off 15.7 per cent; March tonnage sales off 4.8 per cent. STEEL AND IRON.
United States Steel subsidiary National Tube Co. and Youngstown Sheet and Tube participating in order for 4500 tons of steel pipe. Smith (A. O. Corporation deficit, six months ended Jan.
31, was $1,716,936 vs. deficit $2,872,827. UTILITIES. Monogahela West Penn Public Service Co. 1932 preferred shares earning $2.56 vs.
S3.56. New York Power and Light Corporation 1932 preferred share earnings $19-15 vs $21.29. Parmelee Transportation Co. 1932 deficit $2,601,471 vs. deficit $3,165,954.
Shawinigan Water and Power Co. declared regular quarterly dividend of 12 cents on common stock, payable in Canadian funds. Syracuse Lighting Co. 1932 preferred share earnings $18.60 vs. 24.39.
Alleghany Gas Corporation reorganiza tion plan for company has been declared od- erative. Shawingan Water ft Power Co. net In come before depreciation and income taxes, quarter ended March 31. was $592,945 vs. BUILDING, REAL ESTATE AND RELATED LINES.
Johns-Manville Corporation deficit, quar ter ended March 31. $593,800 vs. deficit $912,607. ELECTRICAL EQUIPMENT AND RADIO. We tin chouse Electric A Manufacturing Co.
refrigerator division reported an in crease in business of more than 100 per cent compared with like 1932 period. rouu kuuucis. Coca-Cola International Corporation com mon share earnings, quarter ended March 31. $2.65 vs. $3.12.
Mavis Bottling Co. of America 1932 de ficit before depreciation was $77,098 vs. deficit of $47,356. INVESTMENT TRUSTS. American European Securities Co.
liaul- datlng value on March 31. 1933. was $50.92 a prefererd share vs. S93.04 on Dec 31. 1932.
MACHINERY. Marion Steam Shovel Co. deficit, quarter ended March 31. $206,499 vs. deficit LIVESTOCK ELSEWHERE CHICAGO, April 14.
(United States De partment of Agriculture), Hogs. Receipts. lJ.t'w, including eouo direct; mostly ioc higher than yesterday on all classes: bulk desirable 140-290 93.70&3.95; top, heavier weights dTwn to $3.60 or below: bulk packing sows, $3.35 1 3.45; light lights, good and choice. 140-160 $3.65 raj.ao; iigntwelght. 160-200 $3.80 medium weight.
200-250 heavyweight, 250-350 $3.606 3.85: packing sows, medium and good. 275-550 $3.20 6 3.55: pigs, good and choice. 100-130 $3.350 3.75. Cattle. 1000; calves.
500; generally slow early, steady trade on all killing classes: some weakness on lower grade light steers; yearling steers and yearling heifers, but most Interests after cattle; killing quality plain; choice yearlings absent; best medium-weight steers. bulk. beef cows and butcher heifers hardly as active as earlier in the week; weighty sausage bulls up to most strictly good and choice vesJers, $5 5.75; slaughter cattle and vealers: steers, good and choice, 550-900 lbs, $5.25 900-1100 lbs, $5.253 1100-1300 lbs, $4.75 1300-1500 lbs, $4.506 6.50; common and medium. 550-1300 lbs. $3.75 5.25: heifers, good and choice, 550-750 lbs, $4.75 6.25; common and medium, $3.50 9 4.75; cows, good.
$36 3.50; common and medium, $2.25 low cutter and cutter, $1.75 2.50; bulls (yearlings excluded), good (beef). $2.75 3.25; cutter, common and medium. $2.60 vealers. good and choice, $4.75 5.75; medium $3.75 4.75: cull and common. $2.75 3.75; stocker and feeder cattle: steers, good and choice.
500-1050 lbs, $4.75 common and medium. $2.75 4.75. Sheep. 10.000; fairly active early; strong to shade higher: early bulk woo led lambs. $50 5.50 to packers; few, $5.60 to outsiders: some held higher; springers, $7'n' 8.25; spring lambs, good and choice.
$6.50 0 8.50; medium. $5.500 6.50: lambs. 90 pounds, down, good and choice, $5,150) 5.75: common and medium. $4 5.25: 90 to 98 pounds, good and choice. $50 5.60; 9S to 110 pounds, good and choice.
$4.75 0 5.25: ewes. 90 to 150 pounds, good and choice. $2 0 3: all weights, common and medium. $1.25 0 2.50. INDIANAPOLIS.
April 14. (United States Department Agriculture! Receipts: Hogs. 6000; holdovers. 663: generally steady; bulk 16O-30O $3.70 0 3.75; few strictly choice. $3.80: one outstanding load held higher; 300 lbs.
up, $3.60 A 3.65; 140-160 S3.45V3.S5; 100-140 $3.15 It 3.35; packing sows. $2 85 lb 3.40. Cattle: Receipts. 3O0. Calves: Re ceipts.
500: slaughter classes little changed, quality plain; few steers. $3.75 4.50; some heifers. $3.25 4. so; better kinas negligible: most cows. $2.50 0 3.25; low cutters and cutters, $1.50 2.25; vealers.
strong. $5.50 down. Sheep: Receipts. BOO: spring iambs sharply higher at $10: few 105-lb. wooled Westerns.
$5: clippers held above $5.50. PKORIA. April 14. nogs. zuiKi; steady to 10c higher; top, bulk, $3.503.75.
Cattle 150; steady; calves, 150; steady; top, $5.50. COUNTRY PRODUCE GRASS SEED (per 100 lbs.) New crop: Timothy. $2 1 2.25; red top. $3s 3.50; on basis of clean seed; clover, $8 for clean seed and $5 7.50 for weedy. SUNFLOWER SEED Recleanad sacked.
No. 2. $2 2.35. BEANS AND PEAS Per lOO Michigan hand-picked white beans. Great Northern.
California lima beans. baby do. pink beans. black-eyed peas, Scotch peas. $6.50.
STOCK PEAS Mixed varieties and straight new era, 50c, and whippoorwill. 75c per lb. HONEY Nearby white clover (extracted), 6c per amber. 3 4c per comb cartons $1.50 L75; fancy white clover up to $2.50. SOY BEANS No.
2 yellow. 53V4e; brown, black or mixed. 6 7c less; stock suitable for seed, higher. BLACK WALNUTS Shelled black walnuts, select, free from sittings and shells. 12 15c per lb.
accordtn gto stse and quality. PECANS From nearby sections. 3HV 4c per according to size and quality, 18c and other paper-shell varieties, 9 10c per lb. BEESWAX 10c par lb, circ*mstances in all cases in whichS LOANS TO BROKERS AND DEALERS OFF $1,000,000 By the Associated Press. WASHINGTON.
April 14. Loans to brokers and dealers held by New York Federal Reserve member banks for the week ending April 12 were announced by the Federal Reserve Board as a decrease of $1,000,000 under the preceding week. The loans for the week ending April 13. 1932. were S4S5.0O0.000.
The detailed distribution of the loans over the three weeks dealt with in the board's report was (000,000 omitted): April April April 12. 5. 13. '32. For own account For account of out-of-town banks For account of others $347 $401 23 4 25 4 77 7 $10,000,000 MORE ADDED TO THE "BOND POOL" By the Associated Press.
NEW YORK, April 14. An additional investment of approximately $10,000,000 has been made by banks and bankers in the American Securities Investing Corporation, popularly known as "the bond pool," It was learned. The company was formed early last summer. The recent call for more money to invest brings the available capital to about S30.0O0.0OO against an authorised total of around $100,000,000. J.
P. Morgan A Co. manages the corporation's investment operations. PORTO RICO TOOK $48,780,000 OF U. S.
GOODS LAST YEAR By the Associated Press. WASHINGTON. April 14. Puerto Rico purchased S48.780.OOO worth of United States goods In 1932, ranking the country first during the year among Latin-American markets for our products, and ninth among world markets. 1 m.Hcn marietta foe local nmd.
nets ranking next to Puerto Rico during the year were Mexico which purchased 575.0OO worth of goods, and Argentina with Imports valued at S31.699.533. RESERYE NOTES'lN CIRCULATION SHOW $2,460,000 DECREASE The Federal Reserve Bank of St. Louis In its weekly report as of April 14 shows that Federal Reserve notes in actual cir- culatlon decreased S2.460.0O0. There was no change in Federal Reserve bank notes. Bills bought In open market rose OOO.
while total bills discounted decreased 7 $791,000. Total deposits rose $3,088,000. Total gold reserves Increased $2,571,000. FINANCIAL NOTES By the Associated Press. NEW YORK, April 14.
Good Friday found a general suspension of business In financial markets In this country and lead- Ing foreign centers. Several of the Amer ican commodity markets will remain closed until Monday. Three New York Stock Exchange firms. Wilcox, Drake R. V.
Hiscoe A and T. F. Scholl have dissolved. None bas offices outside New York City. COMMODITY PRICE INDEX By the Associated Press.
NEW YORK. April 14. Following Is an Index of the price level ot 15 raw staples, the commodities chosen being among the most representative of the three large groups, foods, textiles and metals: Thursday. 90.9 per cent. Wednesday.
89.7 per cent. Week ago Thursday 88.8 per cent. March 3. 81:9 per cent. High.
1933, 90.9 per cent. Low. 1933. 78.7 per cent. High.
1932. 103 per cent. Low. 1932. 79.3 per cent.
Index computed on the basis of cloaks prices. Dec 31. 1831. was taken as lOOL (Copyright. 1933, by Moody's.) Dry fimds Market.
By the Associated Press. NEW YORK. April 14. Cotton goods were steady Friday with the business tor the week tn excess of current production in print clothes, narrow sheetings, and other Items. Finished goods market were quiet.
Rayoa sold In moderate lots for May 'delivery. Bradstlks were In good call for immediate use. Women's wear fabrics for spring are being cleaned up steadily. Burlaps are firmer. tats.
Hnr Verk Met NEW YORK. April 1 4 The St. Joseph '-ad Co. reports that 60 tons of pig lead was sold yesterday at 83.23 per hundred payment or state income tax nas been evaded, or makers of returns purposely have failed to report all income subject to the tax. Smith, who assumed office Jan.
9, said the present Legislature was too near adjournment to obtain the enactment of such legislation thid year. Inquiry Goes Back to 1929 Federal authorities have made available to Smith's agents the corporation income-tax returns from Missouri for 1929 and 1930 and the individual returns for 1930. Former State Auditor L. D. Thompson previously had checked Federal returns of individuals in Missouri for 1928 and 1929, but had not checked any corporation returns, Smith said, "several returns have years would be checked as soon a3 they were made available by Federal authorities.
In the pending investigation it will be determined whether tho makers of the Federal returns filed State returns in those years, and if they did, whether they reported as fully to the State as to the Federal Government. It will be dMjr-mined also whether State returns have been filed each year. Under the law the State Auditor may double the tax found to be due in each year in which a return was not filed, and double the tax on any taxable income not reported in a return. Smith said penalties would be enforced in all cases. "Since we began checking" Smith said, "several returns have been sent in with the explan; that the maker forgot to make a return.
One individual cam- in last week with a $363 tax Tax Delinquent June 1. The time for filinp- State, income- tax returns, except those of cor-C porations with a fiscal year otner than the calendar year, expired last March 15, but was extended by Smith to March 31, because of the national bank holiday then in forre. The returns covered incom for 1932. The tax is due on May 1 r.t.d becomes delinquent on June 1. State returns are filed in thi various counties, and in the City of St.
Louis, with the local assessor, who report to the State Auditor. The assessors have not comp'e'ed their reports and it has not been determined how much taxable income was reported for 1932. The present graduated schedii' of rates for individuals, varyin-T from 1 to 4 per cent, of taxablo income and the flat rate of 2 per cent of taxable income for corporation. became effective in September, 1931. The returns for 1932 income.
lust filed, nrn th first to be suV 451 44.7 O.SI .01 341 36.8! 0.7 .04 351 38. Ol 0.51 .01 141 T8.2I 0.7 .00 481 51. 0 "0.51 .55 45j 44.91 0.7I .96 17 14.51 0.4t .46 Cairo, 1L New Madrid, Mo. Memphis Poplar Bluff. Mo.
Arkansas City, Ark. Vicksburg. Miss. New Orleans zLow water gauge. tData for yesterday.
RIVER FORECASTS. The Illinois will fall slowly at all points during the next several days. The Missouri from Lexington to Its mouth will fall slowly for several days. The Mississippi from Louisiana to Cape Girardeau will fall at a moderate rate for several days. At St.
Louis there will be a fall of about .8 foot ia the next 24 hours and about 1 foot in tbe second 24 hours. CP Report. NEW YORK Anrll 14 llf.h r- Co. reports a 1932 net loss of S2.469 703 netore depletion against net income of $2 before dtlHnn charges la 1931. The company is 98ir b' 010 Kennecott Copper Cor- ject to the new rates for a Midyear.
The old rate was 1 per cent for individuals and corporations-.
