Show NE NEWS WS RE REVIEW VIE W shipping crisis impends im predict high hiah feed prices fears of a minor crisis in railway shipping in mid july have been expressed by federal transportation experts tn in view of an apparent slowdown in car construction contributing factors are mounting ing industrial production coupled with increasingly heavy wheat export movements and officials predict that the minor crisis could swiftly develop into a major transportation por tation block unless steps are taken to easo ease the traffic slowdown or prevent it from occurring with fate of the now financially embarrassed office of defense transportation still undecided the interstate commerce Commer pe commission has been requested to assume full responsibility for continuing orders requiring full loading of boxcars in the event that congress does docs not extend the life of beyond its june 30 expiration date meantime has sent investigators to freight car building companies to probe proba reports that allocated steel tonnages ton nages have not gone entirely into the a month car construction program reports for the first halt half of may indicated that only 1751 freight cars were built 81 short of the number constructed during the tha corresponding sp period in april explanation offered by the car builders is that thai inadequate steel supplies and strikes within the in austry have been responsible for the grave decline in freight car construction st that view however Is discounted by federal officials who out that the government forced the steel industry to provide the necessary tons of steel tor for the a month goal FEED PRICES to stay up prospects for the 1947 1047 feed crops will be an important influence on feed prices according to a department of agriculture report the very strong foreign demand tor for grain Is expected to conti continue fitle to support prices through 1917 1947 19 17 and into 1018 although it if production of feed li Is as large as in recent years teed feed prices probably will decline at least seasonally in the last halt half of 1947 corn prices tills this summer the report predicted will average higher than the june 1946 1948 ceilings but lower than in the summer of 1940 after price controls lapsed tho the departments survey went vent on to reveal that reports in early may indicated that approximately million bushels of 1948 1946 corn would be marketed this season That that figure would be SO 50 per cent greater than the 1938 42 average and 14 per cent above the previous record sales from the 1944 crop farm sales of other feed grains from 1946 1940 crops also ran generally larger braden quits spruille le braden I 1 longtime ong tim a advocate of and princ principal force behind this count rys hard handed attitude altitude toward fascist inclined argentina has resigned as assistant secretary of state in charge of latin amerl ameri can affairs to succeed him in that post president truman was expected to noral nominate nate norman man armour of new jersey topflight at 4 lit career diplomat armour previously served its as A american envoy in tha the argentine and is well known and ilker there latin american reaction to his appointment armour was expected to be highly favorable acceptance of Br adena adens resignation by president truman was generally regarded as p strong implication that them united states Js ta ready to swing back toa to a policy of appease ment m e n t in L a t in america it w Ws 4 a gs anticipated that the changed attitude would take the form of just a little appeasement of L latin a t american fascist dictators particularly juan D pe ron ion president det ot of braden argentina braden long fk a toe foe of peron and his methods to told I 1 d mr mi T truman ruman in a letter that personal responsibilities compelled compell pd him to return to private business departure of braden from the state department followed closely on the heels of his being overruled by the administration on two basic issues in inter american relations supplying of arms to latin amerl ameri can nations and formation of amill a military alliance with other republics in the western hemisphere |