Washington, Feb. 1.
The American Agricultural Ad~ ministration has announced its in-Yention to seek the removal of an Additional 5,529,000 acres of wheat from production, which" will pro-Bably be accomplished by renting fereage, either for. further reducing production of the previous congract signers or obtaining new signers, The A. A. A. also announced that "another international wheat conference might be held to, seek an-extension of the international Stock Outlook; Despite the inevit Total lable "increase in. profictaking prices "move higher, the market Deliveries of Chinese cotton from Jwharf warehouses Jan, 22 to 28, Rrould show farther gains before the 1934: 11,498 Bales of 500 Ibs. current movement terminates. Many SShdout longs, who fast their posi-Review of the Week eons in expectation of a sharp.
Mavket report received from
fan opportunity to. rebuy on am Fdtion ate undo, tating Fleming: 7 Messrs. Anderson, Clayton und
moderate dips. from present levels. few York, Feb. 1. Vall 'Street opinion' is. generally Domestic mill demand bx Tollish and though many feel that eign demand fair. There ix hich technical renetion will be neces-agitation favouring compulsory crop ary before further. appreciable Tnterior sales small re-gaine occur, some observers. are sulting in tight spot situation. predicting om advance of 30 por cent. thin Spring. Whi Congress, may soon be starting. fivestixation of the stock market, the measures Neeommended for the ive comumed 241 regulation of security and conmodexchanges. by the Secretary of od' since TOON; itt was the fogext for any lat Commerce were' all relatively mo-Rounced to-day by the Department erdion ofthe proponsd cb on sted that the January short-selling will meet with general consumption of cotton was be even farproval. "Rails seem to be favour-larger than in. December. fet above the other groups inasmuch Meanwhile the Department of it, ie felt. they must. get. more Agriculture continued its campaign locoly into line with industrials, forgrowers into the 1991-1995 cotton acreage control plan. If eon Sumption of cotton continues at is present pace and enough growers
Text read from the printed page and cleaned; old type leaves the occasional error.