Messrs. Mocatla and Goldsmia, their "weekly sliver letter, welt: The, market" as been more" active ware crop experts to-day. eat-Chicago, Aus. 2 turing the. past_week "and. begin by" India and America has. reacted mated that the combined grata asop the United: States this year wilt ina rive in the price. China and be the shortest in the history of the the Continent have sold, bit seers country, if figured on a" per capita generally, "have been "searce the basis, "with corn showing" the most Undertone appeare'to be steadier at the moment and. higher prices one possible but ihe size of the open Experts, making an average of gers.—Reuter. all position 86 noi without is dee several private estimates, said the combined wheat, corn, "oats, rye would be 2,800,000,000 bushels, "as US. Silver Valu compared with 230,000,000. bushels in. 1933, §,280,000,000 bushels Weshington, Aug. 2 1932 and 3,442,000,000 bushels _in Silver will be valued at $1.29 an 1694, making 1934 the shortest ye sumee in backing Waited Staten Fency issues, the Secretary of the ion. history, considering the popu Treasury, Mr. Henry Morgeat Jr, said to-day. Mngt It was claimed that corn has Displaying the first of the new silver certificates {0 tome. from the Presses of the Bureau of Printing Sd Engraving, Mr. Morgemhag said that printing of $50,000 0 of Such sotes is proceeding rapidly The Treasury head doctored that new silver certifestes would be lat Sted against the entre balance. Uunobligated "white "meat new held the Treasury, within 60" days, and that thereafter issuance of such fates would continue 20 long. as the Sovernment continues to" purchase ly drought, insects and other causes, More than 10,000,000 members of farm families in fifteen states have been made destitute—United Pres was estimated at the Treasur that 25,000,000 ounces: of silver: will remain unobligated after he "ise fuanee of the. $5000000 ates "now being printed, This 25,000,000 ounces, It was stated, will fepreseat leer proto te nation's coffers, as the average price paid for the metal works out at approxima 75 cents an ounce, against the suing Valuation of $129.
When the frst $50,000,000 of new silver certificates has' been put ints circulation, twas stated, the: total Amount of silver money in the hands Or the public will exceed $750,000 000, Mr. Morgenthau said that $12,204 000. worth of one-dollar certifcntes fea '$1,640,00° worth of ive-dollar Bills Stready have. been printed ud ave being delivered. to the Treasury immediately, wherentter they. wilt Dut into. circulation as rapidly Possible The production of bills of higher denomination fs scheduled to begin Shorty, "Me. Morgenthaa revealed. Printing. of 2o-dollar certificates: will begin on September, and. the pro notion of 1O0~dotlar bills will come Imence' on October" 1, Mr. Morgen
Text read from the printed page and cleaned; old type leaves the occasional error.