courtesy of Swan Culbertson & Fritz Shanghai, June 6. The New York stock. market re-
Auburn opened Tuesday, after having been closed since the previous Friday in Beet 04 cp. observance of Decoration Day, with prices registering their serverest setback since May 13. At the end BES Ee acring cof fof the session the rail average was Jat a new low for the reaction though Industrials held. above their Mgures C%° of April 28 and May 13. "The weakness was due to renewed rumors Jof a decrease in the gold price, continued labor troubles, apprehension lover legislative possibilities at Washington and alarm concerning critical developments in. relations between [Germany and Spain, "The volume of trading, however, was very small, in-leating that there was no wide-spread Viquldation. The following day. the market staged a technical rally though this" was" unconvincing because of its limited extent and the small accompanying turnover.
Wheat weakness brought the Dow-Jones commodity index on Wednesday to its lowest gute since Novem ber 4. Estimates as to the size the winter and spring crops were larger than had been expected and Bistliers copious rains were reporied in the Boulos Al Southwest. "Corn quotations for new crop months were also affected adversely by favourable weather reports though old crop month prices SUN reflected the tightness of supplies." Cotton offered excellent resistance to selling whenever the 1280 price level was neared and displayed. steady tone though spinners' requirements are covered well ahead. Rubber was heavy and reached a new low for the year on Thursday. ° The Higuidation of speculative commityents taken earlier in the year has Improved the technical position sugar which is still quoted at less than the cost of production.
Great Northern Ruy. pi.
Business activity in general re-Great Western Sugai mained around iis recovery peak. though strikes in some of the independent steel "companies reduced operations in. this field to 774 per Sent of capacity, a new low for the year. In a special message 10 Con ress on " Thursday President Roosevelt urged the establishment of SigNt regional authorities, similar to gener the Tatest incident between Germany. and Spain seems likely to pass off without further repercussions and Neville Chamberlain's withdrawal. his National Defense" Contribution Tax caused increase of £180,000,- '000 in security values on the London market, The market in Agu 'D.J. Average for cag 03 2100 ust oot Skin Specialists declare that ete tee bac a seeee Ey nol malt prductiog'Uicwehrs) 2100900 van, bie) 2a 000
Text read from the printed page and cleaned; old type leaves the occasional error.